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☆ Southwest Airlines shareholders puzzled by Elliott's activism can look to past campaigns for insight
▼ + stars: | 2024-07-06 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +12 min

Rather than sparking typical cheer on Wall Street, Elliott's campaign, spelled out in a 50-page presentation, led to confusion and concern among investors and customers. Several activism experts pointed to two of Elliott's past targets for insight into the hedge fund's strategy for Southwest: Suncor Energy in 2022 and Marathon Petroleum in 2019. Elliott partner John Pike, who is now leading the Southwest campaign, was involved in the firm's actions at both energy companies. Pike and portfolio manager Bobby Xu are leading Elliott's Southwest campaign. But in 2018, a few months after reaching an agreement with Elliott, Marathon announced it was only getting bigger.

Persons: David Paul Morris, Elliott, Bob Jordan, Gary Kelly, Elliott hasn't, Southwest's, John Pike, Haviv Ilan, Marc Benioff, Jordan, Pike, Bobby Xu, Vinson, Elkins, Mark Little, Elliott's Pike, Suncor's, Little, Rich Kruger, Candace Elliott, Marathon, Weeks, Gary Heminger, Mike Hennigan, Hennigan, hasn't, It's, isn't, Kelly, it's, Xu, — CNBC's Leslie Josephs Organizations: Southwest Airlines, Oakland International Airport, Bloomberg, Getty, Elliott Management, Southwest, Melius Research, Suncor Energy, Marathon Petroleum, Marathon, Etsy . Texas, of America, Suncor's Petro, Canada, Canadian, Petro - Canada, Petro, Exxon Mobil, Reuters, Speedway, Elliott, Company, Heminger, Artisan Partners, Suncor, Southwest Airlines Pilots Association, CNBC Locations: Oakland , California, Dallas, Suncor, New York, West Palm Beach , Florida, Etsy, Canada, Sherwood Park , Alberta, Marathon, Southwest

☆ Aidan Gomez helped invent the transformer at Google. At Cohere, he's now taking AI to businesses
▼ + stars: | 2024-07-06 | by ( Katie Tarasov | ) www.cnbc.com time to read: +2 min

Cohere makes generative AI models that can be used by companies, in contrast to consumer-facing products like OpenAI 's ChatGPT. In June 2023, Cohere raised $270 million at a $2.2 billion valuation, from investors including Salesforce and Oracle. When asked about specific use cases where generative AI can benefit a company's bottom line, Gomez cited a model Cohere built to help an insurer. "I never thought that an insurance company for natural resource projects would be adopting large language models," he said. Watch the video to hear the full conversation between CNBC's Steve Kovach and Aidan Gomez.

Persons: Gomez, Aidan Gomez, Cohere, there's, CNBC's Steve Kovach Organizations: University of Toronto, Google, Nvidia, CNBC, MIT, Harvard, Salesforce, Oracle, White, actuaries

☆ Private equity is booming. How to get a job in the finance industry's newest 'it' sector.
▼ + stars: | 2024-07-05 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +10 min

Getty Images; Shutterstock; BIThe traditional path to private equity starts with an investment banking job out of college. In 2023, private equity firms started reaching out in July before junior investment bankers finished their summer training. But at its core, private equity is in the business of making money by buying and running companies. Samantha Lee/InsiderA small group of headhunters and other advisors hold power over the private equity recruitment process. More on private equity pay and hiring:Have private equity's 'Hunger Games' recruiting tactics gone too far?

Persons: —, Blackstone, Apollo isn't, Goldman Sachs, it's, David Wurtzbacher, Wurtzbacher, Wharton, Graham Weaver, you've, Samantha Lee, We've, Jon Gray, Drew Angerer, Skye Gould, Steve Schwarzman, Jonathan Gray, Gray, Thoma Bravo, Atlantic's, Carlyle, Warburg Pincus, Wharton's, Axel Springer Organizations: Service, Apollo, KKR, Business, Getty, CPA, BI, Alpine Partners, Alpine's, Harvard Business School, Stanford's Graduate School of Business, Alpine, of Foreign Labor, Bain Capital, Blackstone, Harvard, Games, Wall, Citadel, headhunters, dealmakers, Private, PJT Partners, Centerbridge, of Michigan Locations: San Francisco, UPenn, Carlyle, Blackstone, Axel

☆ The White Party That Brought Kim Kardashian, Drake and Tom Brady to the Hamptons
▼ + stars: | 2024-07-05 | by ( Rachel Sherman | ) www.nytimes.com time to read: +1 min

It’s hard to name just one noteworthy guest who attended the Fourth of July White Party hosted by the business mogul Michael Rubin and his fiancé, the model Camille Fishel, this year. Tom Brady, Kim and Khloé Kardashian, Megan Fox, Drake and Emily Ratajkowski were only some of the celebrities in bright white outfits who flitted about the couple’s sprawling Long Island estate on Thursday, rubbing elbows and generating content galore. It was the fourth edition of Mr. Rubin and Ms. Fishel’s annual Independence Day bash in the Hamptons where bodycon dresses reign supreme. “Imagine walking into Liv Miami,” Ms. Fishel, 33, said in an interview. The property is flanked by views of Mecox Bay on one side, and ocean vistas on the other.

Persons: Michael Rubin, Camille Fishel, Tom Brady, Kim, Khloé Kardashian, Megan Fox, Drake, Emily Ratajkowski, Rubin, Liv Miami, Ms, Fishel, “, ”, Mr Organizations: White, Hamptons, The New York Times, Real Locations: Long, fraternize, Water Mill, N.Y, Mecox

☆ What to expect from the June jobs report
▼ + stars: | 2024-07-05 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

That said, the job market of today is far different than it was 30 months ago. “The labor market has normalized,” Luke Tilley, Wilmington Trust’s chief economist, told CNN in an interview. As such, Friday’s report could provide a crucial signal as to whether the jobs market is at a stable or even pre-pandemic state — or is perhaps weaker than advertised. The continued upswing in claims has Tilley closely watching an underlying datapoint of the monthly jobs report: Unemployed persons by reason for unemployment. The overall labor force participation rate dipped in May to 62.5% from 62.7%, reversing progress made earlier this year.

Persons: don’t, ” Luke Tilley, ”, Nela Richardson, ” Dean Baker, aren’t, Tilley, ” Tilley, That’s, Julia Pollak, ” Pollak, Rachel Sederberg, Joe Biden, Donald Trump, Biden, Jerome Powell, Powell, “, can’t, Lightcast’s Organizations: CNN, Bureau of Labor Statistics, Center for Economic, Policy Research, of Labor, Challenger, ZipRecruiter, ”, CNN Business, Workers, Federal Reserve, Labor Locations: Wilmington, “, Portugal

☆ Kevin Bacon wore a disguise to spend the day like a normal person and said it ‘sucked’
▼ + stars: | 2024-07-05 | by ( Dan Heching | ) edition.cnn.com time to read: +2 min

CNN —As the game “Six Degrees of Kevin Bacon” suggests, actor Kevin Bacon is pretty famous, and has been for a long time. “I went to a special effects makeup artist, had consultations, and asked him to make me a prosthetic disguise,” Bacon told the outlet. He told Vanity Fair that as an actor, he’s never hesitated to play the darker roles, since to him, “this is what an actor is. “If you go to a movie like ‘MaXXXine’ or ‘Beverly Hills Cop: Axel F,’ and I die and you stand up and cheer, I’m like, ‘Great. “Beverly Hills Cop: Axel F” is streaming now on Netflix.

Persons: Kevin Bacon ”, Kevin Bacon, – who’s, Axel F ”, ” –, “, ” Bacon, ‘, ’, he’s, I’m, ”, Axel F Organizations: CNN, Beverly Hills, Netflix Locations: Beverly, Los Angeles

☆ The ultrawealthy can take loans to save millions on estate taxes. Here's the exclusive tactic they deploy to protect their inheritance.
▼ + stars: | 2024-07-05 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +7 min

Currently, a 40% federal estate tax applies to estate values topping $13.61 million for individuals and $27.22 million for married couples. When someone dies, their heirs have nine months to file a federal estate tax return if their inheritance meets those minimums. Here's how a Graegin loan could work in practice, according to Doyle:Related storiesHeirs of a $10 million estate could be on the hook for $4 million in federal estate taxes. The taxable estate is $1 million less, which means the family will save $400,000 in estate taxes considering the 40% tax rate. More households will be on the hook for estate taxes, and loans to pay them could become more popular.

Persons: —, Sam, Jere Doyle, Jose Reynoso, Doyle, Eric Mann, Neal Gerber Eisenberg, overallocated, Mann, John F, Koons, Robert Strauss, Weinstock Manion, Strauss, haven't Organizations: Service, Business, Mellon Wealth Management, Clarfeld, Wealth, IRS, Pepsi, Republican

☆ 'One of the greatest ways to invest in Asia': Fund manager names 6 under-the-radar stocks to buy
▼ + stars: | 2024-07-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Portfolio manager Richard Kaye is bullish on the Japanese market and believes it offers an opportunity "a lot of people don't recognize." The stronger performance of Japanese equities follows the Tokyo Exchange Group's push for reforms last year. Stocks to play Kaye believes several sectors and stocks in Japan make good plays right now. Among the companies on his radar are Fanuc Corp and Keyence Corp which are in the business of automation products. In medical electronics and health care, Kaye is bullish on Shimadzu Corp and Sysmex Corp .

Persons: Richard Kaye, Kaye, CNBC's Organizations: Tokyo Exchange, Fanuc, Keyence, Shimadzu Corp, Sysmex Corp, Tokyo Disney Resort, Tokyo Stock Exchange, U.S Locations: Japan, Asia, China, Tokyo, U.S

☆ HYROX: These two women are at the forefront of a ‘body-breaking’ fitness race with Olympic aspirations
▼ + stars: | 2024-07-04 | by ( Ben Church | ) edition.cnn.com time to read: +10 min

Despite admitting to some errors during her first race, Jacoby delivered an impressive time in New York. Despite somewhat stumbling upon HYROX, Jacoby had unknowingly been preparing for the sport for years. It’s repetitive.”Despite being in gladiator-like shape, even Jacoby struggles to describe what a HYROX race feels like. That’s the key to HYROX.”The 70-year-old athlete from England is a HYROX world champion in her age group. “To be an Olympic athlete is the absolute highest level you could ever reach.”

Persons: CNN —, HYROX, sandbag lunges, Meg Jacoby Meg Jacoby, Lauren Weeks, Jacoby, “, ” Jacoby, Hyrox Jacoby, Rich Ryan, –, ” “, I’m, Gran, Celia Duff, ” Duff, Duff, Hyrox, ” Duff isn’t, ”, “ I’m, Christian Toetzke, Moritz Fürste, Fürste, Curt Maggitt, John Terry Organizations: CNN, CNN Sport, New York, New York ., American, “, HYROX, Covid, NFL, Doping Agency Locations: Nice, France, New York, Chicago, London, Glasgow, Manchester, England

☆ Netflix cofounder Reed Hastings is one of the first Democratic megadonors to call for Biden to step aside
▼ + stars: | 2024-07-04 | by ( Lloyd Lee | Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

"Biden needs to step aside to allow a vigorous Democratic leader to beat Trump and keep us safe and prosperous," Hastings said in an email to the Times. While he's the first to call for Biden to step aside, he's not the first big Democratic donor from Hollywood to express concern. It's unclear if more Hollywood donors will follow Hastings and call for Biden to step aside. We will fight, and we will win," Harris told Biden's campaign staff in a call, according to The Times. A Biden campaign spokesperson did not address Hastings's public call in their statement to BI.

Persons: —, Reed Hastings, Joe Biden, Donald Trump, Biden, Hastings, he's, Ari Emmanuel, Tina Brown, Trump, Barack Obama, George Clooney, Julia Roberts, Biden's, Kamala Harris, Karine Jean, Pierre, Harris, Noah Mamet, Obama, Mamet, Nancy Pelosi, Chuck Schumer, Patty Quillin Organizations: Service, Democratic, The New York Times, Trump, Times, Business, Netflix, Endeavor, Aspen Ideas, Hollywood, Hastings, Washington Post, Biden, Press, The Times, Democratic Party Locations: Hollywood, Los Angeles, Chicago, Argentina

☆ Constellation delivers beer profits, but weakness in wine prompts a downgrade
▼ + stars: | 2024-07-03 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Constellation Brands reported an earnings beat on Wednesday that was driven by strength in its beer business. Constellation Brands Why we own it : We like Constellation Brands for its beer franchise, which includes popular Mexican brands Modelo, Corona and Pacifico. We would like Constellation to concentrate on beer and divest its wine and spirits business. We were again pleased to see that the increase in beer sales was driven by strong growth in shipment volume. Net sales are expected to increase 6% to 7%, driven by 7% to 9% growth in beer.

Persons: Bill Newlands, outperformance, Depletions, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Constellation Brands, Modelo, Anheuser, Busch Inbev, Molson Coors, Management, Modelo Especial, Modelo Chelada, Guidance Management, Enterprise, Jim Cramer's Charitable, CNBC Locations: Corona, Pacifico, Covid, U.S, San Rafael , California

☆ Judge delays ban on noncompete agreements for employees
▼ + stars: | 2024-07-03 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +2 min

New York CNN —A federal judge on Wednesday delayed a ban on noncompete agreements from taking effect for a small number of US workers on September 4. Unless the judge makes another ruling before that date, the ban will go into effect for the majority of employers in the US. The ban, which prohibits employers from enforcing noncompete clauses in most existing employment agreements and bans companies from including them in all future ones, was approved by the Federal Trade Commission in April. The FTC estimates that 30 million people — one in five US workers — are bound by a noncompete clause in their current jobs. In response to the order, FTC spokesperson Douglas Farrar said, “The FTC stands by our clear authority, supported by statute and precedent, to issue this rule.

Persons: ”, Ada Brown, Ryan, Daryl Joseffer, Douglas Farrar Organizations: New, New York CNN, Court, Northern, Northern District of Texas, Federal Trade Commission, Ryan LLC, US Chamber of Commerce, Business, Texas Association of Business, Longview Chamber of Commerce, Plaintiff, FTC, US, of Commerce, U.S, Chamber Locations: New York, Northern District, Texas, Longview

☆ 'The worst is in the rearview mirror': Why Wall Street thinks Tesla's comeback story is finally here
▼ + stars: | 2024-07-03 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Tesla stock had a tough first half of 2024 but Wall Street is eyeing a turnaround. Tesla deliveries slumped for the second quarter in a row, but they were stronger than analysts had expected, with clocking in at 443,956, compared to estimates of 436,000. AdvertisementTesla also reduced its inventory over the second quarter and boosted its energy storage to an all-time high. Morgan Stanley reiterated its "overweight" rating on Tesla stock with a price target of $310, implying another 30% upside. In the most bullish scenario, Tesla stock could rally to $400 by the end of the year, Ives said, implying 63% upside from current levels.

Persons: —, Wall, Musk, Tesla, Morgan Stanley, Elon, Garrett Nelson, Robotaxi, Nelson, CFRA, Keith Fitz, Gerald, Gerald Research, Dan Ives, Wedbush, Ives Organizations: Service, Elon, Wall Street, Investors, Tesla Energy, CFRA, CNBC, Wedbush Securities

☆ A sports startup shares the key pitch deck slides that helped raise the first $7 million for its athlete streaming and e-commerce platform
▼ + stars: | 2024-07-03 | by ( Tiara White | ) www.businessinsider.com time to read: +4 min

Read previewSocial-commerce platform Millions is trying to change how athletes make money from their names, images, and likenesses, from the professional to the collegiate level. He thought an e-commerce platform could help them. "Millions is an e-commerce and streaming platform built for athletes to connect with their fans," said Whitteker. Whitteker shared key slides from the pitch deck Millions used to raise the early funding. Here are 29 key pitch-deck slides Millions used to raise its $7 million seed round:

Persons: —, Matt Whitteker, Whitteker, Joe Rogan, Valentina Shevchenko, Bryce Mitchell, Bruce Buffer Organizations: Service, Business, UFC, Shopify

☆ The VC that predicted a 'mass extinction event for startups' says it's time for a 'Great Reawakening'
▼ + stars: | 2024-07-03 | by ( Melia Russell | ) www.businessinsider.com time to read: +5 min

Read previewLast year's dearth of capital for startups forced many founders to stretch their cash runways. Efficiency is a hallmark of any good business, but Tom Loverro, an investor at 44-year-old Bay Area venture capital firm IVP, thinks startup founders should step off the brake pedal. The venture capitalist who rightly predicted a "mass extinction event for startups" over a year ago now says the worst is behind us. "We're on the cusp of a Great Reawakening for startups," Loverro wrote in a LinkedIn post. Given that the cloud software market is stabilizing and venture funding is available again to the best-in-breed startups, Loverro is telling startups with sound unit economics to increase their cash burn to speed up progress.

Persons: —, Tom Loverro, Loverro, shutdowns, Darwin, Ball, That's, Uber Organizations: Service, IVP, Business, Autonomy, TechCrunch, LinkedIn Locations: Stockholm

☆ Investing in Space: Why military contracts are crucial for space companies
▼ + stars: | 2024-07-03 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. The first orbital rockets, satellites, and even the Apollo architecture were born of the military and its aerospace contractors. Historically, the biggest defense contractors have long been the winners of the largest space contracts – and that's still true today. The top pure-play space companies get a significant, if not majority, amount of revenue from military work under contracts from the U.S. and its allies. And the importance of military contracts is also going further upstream, as venture capital looks more explicitly toward startups that are winning and delivering on early military deals.

Persons: CNBC's Michael Sheetz, I'm, Peter Beck, Beck Organizations: Pentagon, U.S . Space Force, NASA, SpaceX, Space Force, NRO Locations: U.S, Ukraine, China, Taiwan

☆ Manchester United to cut 250 jobs as Sir Jim Ratcliffe continues Old Trafford cost-cutting
▼ + stars: | 2024-07-03 | by ( Adam Crafton | ) www.nytimes.com time to read: +8 min

Manchester United today told staff that the club is intending to cut 250 jobs as new co-owner Sir Jim Ratcliffe continues his bid to slash costs at Old Trafford. All department and levels within the club will be impacted and the club says it will not include staff at their charitable arm, the Manchester United Foundation. What power does INEOS have over how Manchester United are run? Because it is a policy change, it would have been shared across the leaders of the football club but it was not something that needed board approval to be implemented. By Dan SheldonGO DEEPER Explained: INEOS' bid to cut non-football staff at Manchester United(Marc Atkins/Getty Images)

Persons: Sir Jim Ratcliffe, Jean, Claude Blanc, INEOS, —, United’s Carrington, Glazer, Dave Brailsford, Ratcliffe, Richard Arnold, Patrick Stewart, John Murtough, Cliff Baty, Ellie Norman, Victoria Timpson, Snapdragon —, Dan Ashworth, Erik, Hag, Ashworth, Jason Wilcox, Omar Berrada, Blanc, Berrada, Sir Dave Brailsford, Brentford, Dan Sheldon, Marc Atkins Organizations: Manchester United, Interim, Interpath, Manchester United Foundation ., Old, United, Getty, FA, Athletic, Newcastle United, Manchester City, Team GB, Advisory, Premier League, UEFA, League, City Football Group Locations: Old Trafford, Manchester, London, INEOS, Ratcliffe, United, European, Brailsford

☆ Greece's plan for a 6-day workweek to boost productivity may not work
▼ + stars: | 2024-07-02 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

The shift is notable because it runs counter to the companies and countries that are experimenting with a four-day workweek. The extra hours will come with a 40% jump in pay for Greek workers who add two hours to their day or take on an extra eight-hour workday. He previously told BI that he and his management colleagues began looking into a four-day workweek after seeing successful pilots in Japan and other countries. They wanted to make sure we keep doing the four-day workweek," he said. AdvertisementBasis Technologies, an advertising software company, shifted its workweek to four and a half days after years of experiments with a four-day workweek and other approaches.

Persons: —, Adedy, Zachary Toth, Toth didn't, Toth, Emily Barron, Barron, Kyriakos Mitsotakis, Aris, Germany's Organizations: Service, Business, Guardian, Research, Metex Corporation, Technologies, Aris Kazakos, Aristotle University of Thessaloniki, Germany's DW Locations: Greece, India, Toronto, Japan

☆ You may now own a piece of Trump Media – and not even know it
▼ + stars: | 2024-07-02 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —If you’ve got money in the market, you might own a little piece of Trump Media — without even knowing it. Trump Media (DJT), the owner of conservative social media platform Truth Social, announced its addition to the Russell family on Monday. As a result, countless retail investors will now own a piece of Trump Media. These include the $14 billion iShares Russell 3000 ETF (IWV) and the $2.5 billion Vanguard Russell 3000 ETF (VTHR). LinkedIn co-founder Reid Hoffman, a vocal critic of former President Donald Trump, believes Trump Media is really worth just $40 million.

Persons: you’ve, Russell, Donald Trump, doesn’t, Vanguard Russell, ”, Sam Stovall, Stovall, ” Stovall, Reid Hoffman, ” Hoffman, Aniket Ullal Organizations: New, New York CNN, Trump Media, Trump Media & Technology, Vanguard, CFRA Research, Microsoft, Nvidia, Apple, Trump, “, FTSE Russell’s, P, LinkedIn, CNN, & & Locations: New York

☆ Peloton staved off the cash crunch that threatened its business. Where does it go now?
▼ + stars: | 2024-07-02 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +8 min

Before the refinancing, Peloton would have needed to pay around $800 million toward its debt by November 2025. Now that it has refinanced, Peloton has eased investor concerns about liquidity and has the breathing room it needs to try to turn around its business. Peloton faces risks aheadWhile the refinance may have bought Peloton some time, it's far from a panacea. Under the terms, Peloton will now be spending about $133 million annually in interest, up from around $89 million previously. As of the end of March, Peloton had about 6.6 million members — woefully behind that long-term target.

Persons: Michael Nagle, JP Morgan, Goldman Sachs, hasn't, Liz Coddington, Coddington, Evan DuFaux, Soros didn't, Neil Saunders, Barry McCarthy's, Karen Boone, Chris Bruzzo, Scott Stuart, Simeon Siegel, Siegel, John Foley, McCarthy, —, McCarthy – Organizations: Interactive, Bloomberg, Getty, CNBC, Soros Fund Management, Silver Point, GlobalData, Netflix, Turnaround Management Association, BMO Capital Markets, Spotify Locations: New York

We Counted 22,252 Cars to See How Much Congestion Pricing Might Have Made This MorningToday would have been the first Monday of New York City’s congestion pricing plan. We sent 27 people to count vehicles manually at four bridges, four tunnels and nine streets where cars entered the business district. In total, we counted 22,252 cars, trucks, motorcycles and buses between 8 a.m. and 9 a.m. on Monday. But it does give you a rough sense of scale: It’s a lot of cars, and a lot of money. had planned to use the congestion pricing revenue estimates to secure $15 billion in financing for subway upgrades.

Persons: Kathy Hochul, Noah Throop, Ruru Kuo, It’s, Franklin Organizations: Gov, New York Times, Metropolitan Transportation Authority, Tunnel, Manhattan Bridge, Brooklyn Bridge, manhattan, Williamsburg Bridge, Battery Locations: York, Lexington, St, Queens, Midtown, Tunnel manhattan, Holland, Manhattan, Brooklyn, Brooklyn Bridge Brooklyn, Williamsburg

☆ I quit multiple dream jobs to move for my husband's career. It was tough but led me to create a flexible 6-figure business.
▼ + stars: | 2024-07-01 | by ( Emily Reagan | ) www.businessinsider.com time to read: +7 min

Read previewI became a freelance marketing assistant without planning to in 2010 when my husband's military career forced me to quit yet another dream job. As we moved frequently over the previous seven years, I always landed new jobs, but starting over in every town didn't help my career progression. AdvertisementI advise new digital service providers to skip admin services and offer marketing services immediately. Marketing services are also the most flexible. I found that freelancers can hit the upper five figures and into the $100+/hour range by niching into specialized marketing services.

Persons: —, I'd, VAs, you've, Emily Reagan Organizations: Service, Oklahoma City, Business, DC, Facebook, Air Force Locations: Washington, DC, Oklahoma

☆ As Inflation Soars, Myanmar Shop Owners Are Jailed for Hiking Wages
▼ + stars: | 2024-07-01 | by ( Richard C. Paddock | ) www.nytimes.com time to read: +1 min

With Myanmar’s currency plunging and inflation soaring, the owner of three cellphone shops in Mandalay announced he was giving his employees a raise. Word of his generosity quickly spread on Facebook, and his workers cheered the news. Mr. Pyae Phyo Zaw is one of at least 10 business owners arrested in recent weeks after word circulated online that they were increasing their workers’ pay. Hiking wages has not been outlawed, but the business owners are charged with undermining the regime by making people believe that inflation is rising, one legal expert said. Soldiers posted a notice outside one of Mr. Pyae Phyo Zaw’s shops saying it was closed for disturbing “the peace and order of the community.”

Persons: Pyae, ” Organizations: Facebook Locations: Mandalay, Myanmar

☆ 5 Things I Do Leading up to a Big Tech Interview.
▼ + stars: | 2024-07-01 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementHere are six things I do leading up to a big technical interview:1. However, I did have technical interview rounds focused on system design questions. I would go through them one to two weeks before the interview and try to answer them. Read my own notesIn the last 24 hours before a big interview, I stop doing any mock interviews or looking at new technical questions to prevent feeling even more anxious.

Persons: —, Yung, Yu Lin, Read Organizations: Service, Google, Yahoo, Meta, Visa, PayPal, Business Locations: Sunnyvale , California, Taiwan

☆ Mark Cuban's still betting on Biden after that disastrous debate
▼ + stars: | 2024-07-01 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewPresident Joe Biden had a rough showing at the presidential debate on Thursday, but Mark Cuban says he'd still hire Biden to run his businesses instead of former President Donald Trump. Morgan asked Cuban if he would employ Biden to run any of his companies, after Cuban said he'd still vote for Biden in spite of that bad debate performance. But while Trump is "obviously a good salesperson," Cuban said that he didn't think he fared well on other fronts. Related stories"I don't know if he is a voracious reader and learner, but I have read about him discussing books he has read," Cuban added. AdvertisementRepresentatives for Biden and Trump did not immediately respond to a request for comment from BI sent outside regular business hours.

Persons: —, Joe Biden, Mark Cuban, he'd, Biden, Donald Trump, Piers Morgan, Morgan, Cuban, Trump, — Mark Cuban, I'm, Harris, It's Organizations: Service, Biden, Business, Trump, BI, Democratic Locations: British

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