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☆ Cathie Wood's ARK Invest missed out on more than $1 billion in returns by selling Nvidia stock too early
▼ + stars: | 2024-06-01 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Cathie Wood's decision to sell more than 1 million shares of Nvidia came as the stock rocketed to astronomical highs. Ark Invest has missed out on more than $1 billion in returns by selling Nvidia stock too early. Ark Invest sold 859,000 Nvidia shares in the fourth quarter of 2022, when the stock was trading below $150 per share. In the first quarter of 2024, ARK Invest continued to pare down its Nvidia stake, selling 81,239 shares. ARK Invest has redeployed its proceeds from selling Nvidia stock into other potential AI companies, though few of those investments have panned out.

Persons: Cathie, —, ChatGPT, Wood, pare, it's Organizations: Nvidia, Invest, Ark Invest, Service, Securities and Exchange Commission, CNBC, ARK Invest, Wall Street

☆ A new 'Hellboy' reboot is reportedly being released in August, but the lack of publicity has fans worried
▼ + stars: | 2024-05-31 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +5 min

"The Crooked Man" is based on the creepy, stand-alone tale of the same name from the comics, and Mignola confirmed that it finished filming in May 2023. This has led some fans to speculate, albeit without evidence, that Millennium Media was making it to keep the rights to the franchise. AdvertisementThis has led some fans to speculate, albeit without evidence, that Millennium Media is making it to keep the rights to the franchise. Commentby from discussioninHellBoyRepresentatives for Millennium Media and Ketchup Entertainment did not respond to Business Insider's request for comment. Advertisementto be clear: there is exactly *ZERO* AI used on hellboy: the crooked man.

Persons: —, Mike Mignola's, Ron Perlman, Guillermo del Toro, David Harbour, Mignola, Taylor, Leah McNamara, Jefferson White, Jack Kesy, Adeline Rudolph, Joseph Marcell, ike, omics, ake, evert, rian, aylor, rian T aylor Organizations: Service, Millennium Media, Entertainment, Business, Office Mojo, Media Locations: Spanish

☆ Now you can invest in Elon Musk's xAI through Cathie Wood's ARK Venture Fund
▼ + stars: | 2024-05-29 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Cathie Wood's ARK Invest has taken a stake in Elon Musk's startup xAI as she deepens her big bet on artificial intelligence. ARK Venture Fund has invested in xAI as of Sunday, the St. Petersburg, Florida-based asset manager said in an email to clients Tuesday evening. The xAI startup is also not the only Musk-led company Wood's venture fund bets on. The venture fund, launched in September 2022, targets smaller investors who can access the venture capital market through it with as little as $500. The xAI startup is reportedly planning to build a supercomputer to power the next version of its AI chatbot Grok.

Persons: Catherine Wood, Musk, Wood, Tesla Organizations: ARK Investment Management LLC, ARK Venture Fund, SpaceX, X Corp, Twitter, Microsoft, Google, Innovation Locations: Miami , Florida, U.S, Elon Musk's, xAI, St . Petersburg , Florida, OpenAI

☆ The real reason behind Hollywood's miserable weekend
▼ + stars: | 2024-05-28 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Read previewThis weekend my family went to the movies, twice. This past holiday weekend was the worst Memorial Day showing Hollywood has seen in decades, with ticket sales down a staggering 40% from last year. One thing Hollywood is very good at is generating explanations for a flop — or in this case, multiple flops. (I paid $44.76 for the two Furiousa tickets I bought over the weekend at my local Alamo Drafthouse. I don't think movies or movie theaters are going away.

Persons: —, Max, Matthew Ball, Barbie, Oppenheimer, Tom Rothman Organizations: Service, Garfield, Hollywood, Business, Sony

☆ Hollywood's biggest summer blockbusters are off to a slow start
▼ + stars: | 2024-05-27 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +1 min

Hollywood saw weak box office sales over Memorial Day weekend, despite new releases. Memorial Day weekend box office revenue is down 40% year-over-year. Studios hope upcoming releases like "Deadpool & Wolverine" will boost summer sales. Warner Bros. claimed "Furiosa: A Mad Max Saga" brought in $25.6 million in ticket sales through Sunday. Meanwhile, Sony expects "Garfield" to make $31.9 million from total Memorial Day weekend sales through Monday.

Persons: —, Max, Garfield Organizations: Hollywood, Service, Warner Bros, Sony, Business

☆ Ark Invest's Cathie Wood says lower prices and rates will 'activate coiled equities'
▼ + stars: | 2024-05-24 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Ark Invest CEO Cathie Wood believes stocks are ready to spring upward with easing price pressures and lower interest rates on the horizon. "In the fourth quarter, as the Fed's dot plot began pointing to much lower interest rates, the bull market in equities broadened dramatically," Wood said in an X post on Thursday evening. In our view, more price deflation and lower interest rates will activate coiled equities." She said investors have been flocking to safe havens and cash at a dramatic pace last seen during the 1930s. "In our view, the search for cash and safety in the equity markets today is as intense as that during the Great Depression in the early 1930s," Wood said in the X post.

Persons: Cathie Wood, Wood Organizations: Federal Reserve

☆ Francis Ford Coppola says his sci-fi saga 'Megalopolis' is being panned because Hollywood doesn't like rule-breakers
▼ + stars: | 2024-05-19 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Coppola has responded to the negative reaction, expressing his belief that detractors have conspired against him because the film "doesn't play by Hollywood's current rules." AdvertisementHe then dismissed those who had pejoratively called the film a "passion project," stating, "I've never made a film that wasn't a passion project." Little White Lies's David Jenkins wrote that "Megalopolis" is a "celebration of unfettered creativity and farsightedness" and features "a script of toe-tapping word-jazz." To fund "Megalopolis" Coppola sold a significant share of his Northern California wine empire, according to GQ.

Persons: —, Francis Ford Coppola's, Adam Driver, Aubrey Plaza, Jon Voight, Laurence Fishburne, Romy Mars, Sofia Coppola, Coppola, I've, Nathalie Emmanuel, Esther Zuckerman, Peter Bradshaw, Jessica Kiang, White, David Jenkins, Deadline's Damon Wise, Darren Demetre Organizations: Service, Cannes, Business, Air, Daily, GQ, Guardian Locations: Rome, Northern California

☆ Why the biggest real estate funds still struggle
▼ + stars: | 2024-05-17 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +8 min

Read previewBlackstone, the world's largest landlord, contends the worst is over for commercial real estate. In the first quarter, shareholders in Blackstone Real Estate Income Trust, or BREIT, its $59 billion flagship real estate investment fund, pulled out almost a billion dollars a month on average, according to the company's first-quarter earnings statement. A similar investment fund operated by Barry Sternlicht's Starwood Capital has had an even greater retreat by investors. Share pricing is determined through appraisals of the value of the underlying real estate holdings. In May, Blackstone Real Estate Partners X also completed the $3.5 billion acquisition of Tricon Residential, an owner of single family rental homes.

Persons: —, Barry Sternlicht's, Kevin Gannon, BREIT, reinvigorating, anemic, REITs, Jonathan Gray, Blackstone Heidi Gutman, NBCUniversal, Jon Gray, they're, Gray, outperformance, redemptions, Blackstone, Gannon, They're, Sternlicht, Todd Henderson, REIT, Henderson, It'll Organizations: Service, Investors, Income Trust, Business, Barry Sternlicht's Starwood Capital, Starwood Real, Blackstone, Starwood, KKR, Apollo, Federal Reserve, Communities, Blackstone Real Estate Partners, Tricon Locations: Blackstone, Brookfield, BREIT, Tricon, Nashville, DWS

☆ Meme stocks are having a moment, but the broader market is rallying as well
▼ + stars: | 2024-05-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Meme stocks are having a moment, but the broader market is rallying as well. While GameStop's 74% rally got a lot of attention Monday ( "meme stocks are back!" ), the evidence indicates that a broad rally is dragging up a lot of stuff that hasn't been performing well this year. The S & P 600 Small Cap advance/decline is also near the highest levels since December, while the S & P Mid Cap 400 advance/decline line is at a new high. So when you hear the tired old refrain, "meme stocks are back," take a look at the rest of the market.

Persons: hasn't, Marko Kolanovic, Morgan, BoE, Ryan Detrick Organizations: Fed, ECB, Intel, Nike, Comcast, ChargePoint Holdings, CRISPR Therapeutics, Unity Software, Carson Group, CNBC

☆ A Never-Before-Seen Interview With Roger Corman, Hollywood Legend
▼ + stars: | 2024-05-13 | by ( Graham Flanagan | ) www.businessinsider.com time to read: +2 min

Known as the "King of the B Movies," the legendary filmmaker Roger Corman died on May 9 at the age of 98. Corman specialized in making low-budget genre movies with titles like "The Wasp Woman," "Attack of the Crab Monsters," and "Teenage Caveman." Corman hired these directors in the early stages of their careers to helm low-budget features that the filmmakers have acknowledged as learning experiences they applied in their later larger-scale productions. In fact, many of these directors hired Corman in small acting roles in movies like "The Godfather Part II," (Coppola), "The Silence of the Lambs" (Demme), and "Apollo 13" (Ron Howard). In the interview, Corman shares myriad lessons learned while working in the film industry for more than 60 years.

Persons: Roger Corman, Corman, He's, Graham Flanagan, Jack Nicholson, Martin Scorsese, James Cameron, Francis Ford Coppola, Jonathan Demme, Coppola, Demme, Ron Howard Organizations: Lambs, Universal Pictures, Business Locations: Los Angeles

☆ The restaurant stocks that are killing it in this market have one thing in common
▼ + stars: | 2024-05-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +17 min

When a company performs well and I interview its CEO on CNBC, I consider the stock's performance before fashioning my questions. Maybe the company had been poorly run and the guest is a new CEO who is turning it around. Once Wood picks a stock, that company can do no wrong, which is code for she can do no wrong. And take it from me, an old Mexican restaurant veteran, it travels better than any other restaurant chain. We should have just bought Dutch Bros. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)

Persons: Albert Manifold, Rather, That's, Chris Gibson, Jensen Huang, Huang, Gibson, Cathie Wood, Wood, that's, Brinker, Chipotle, Chipotle execs, Taco Bell, isn't, Yum, McDonald's, Laxman Narasimhan, Howard Schultz, let's, Narasimhan, Joe, Locker, Jim Cramer's, Jim Cramer, Jim, Al Drago Organizations: CNBC, Pharmaceuticals, Nvidia, ARK, Gallup, Darden, Diageo, Brands, KFC, Taco, Taco Bell, Texas, Starbucks, Management, Bros, Dutch Bros, Jim Cramer's Charitable, Starbucks Corp, Health, Education, Labor, Bloomberg, Getty Locations: United States, U.S, Dublin, Ireland, Europe, Texas, Olive, East, Israel, Washington , DC

☆ Insider Today: Hair transplants in Istanbul
▼ + stars: | 2024-05-11 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +5 min

On the agenda today:This story is available exclusively to Business Insider subscribers. But first: Where did Mother's Day brunch come from? Austin Melonie Carroll / Getty ImagesThis week's dispatchMother's Day brunchAdvertisementIt's Mother's Day tomorrow — a holiday that can be joyful for many, but also difficult and emotional for others. For those celebrating the holiday, I have a feeling you might be doing something that just feels synonymous with Mother's Day: brunching. I asked Business Insider lifestyle correspondent Anneta Konstantinides for her thoughts — and whether she has any brunch tips.

Persons: —, Austin Melonie Carroll, Anneta Konstantinides, Ina Garten's, Matteo Colombo, Dia Dipasupil, Abanti Chowdhury, Pine, That's, Chris Pine's, Charles Tyrwhitt, Chelsea Jia Feng, Reginald Ferguson, Tyler Le, Anne Rice's, Brooke Shields, Von Erich Organizations: Service, Business, Mother's, Taj, Lionsgate, Paramount, Warner Bros, Dia, Getty, Denzel, Casio, Chelsea, BI, AMC Locations: Town, South Africa, United States, Istanbul, Denzel Washington, Patagonia

☆ Megacap tech may be the ultimate ‘quality’ play in an uncertain economy, The ETF Store president suggests
▼ + stars: | 2024-05-08 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

There may be a case to bet on technology stocks, even if interest rates remain higher for longer. While conventional wisdom suggests high rates should punish the group, investors still favor the earnings growth offered by megacap tech stocks, according to The ETF Store President Nate Geraci. "Investors are viewing megacap tech as a quality play," he told CNBC's "ETF Edge" on Monday. Even if a U.S. economic slowdown takes hold, Geraci thinks quality tech names can remain in a leadership role. "I think that causes investors to rethink making bets on companies with earnings that are far out into the future."

Persons: Nate Geraci, CNBC's, Cathie, Geraci Organizations: Technology, Innovation Locations: LSEG, U.S

☆ 19 celebrities who nailed the Met Gala's 'Garden of Time' theme
▼ + stars: | 2024-05-07 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

Hollywood's biggest stars attended the 2024 Met Gala in New York City on Monday. Ayo Edebiri and Karlie Kloss nailed the theme in floral looks, while others wore archival pieces. AdvertisementThe 2024 Met Gala was held at the Metropolitan Museum of Art in New York on Monday. Prior to the event, Vogue reported that attendees' looks would feature floral details and archival pieces, which many did. AdvertisementHere's every celebrity who nailed this year's Met Gala theme.

Persons: Kloss, —, J.G, Anna Wintour Organizations: Service, Metropolitan Museum of Art, Vogue Locations: New York City, New York

☆ How former Slack and Twitter executive April Underwood used angel investing to create a career in venture capital
▼ + stars: | 2024-05-06 | by ( Leena Rao | ) www.businessinsider.com time to read: +5 min

That entrepreneurial, technology-focused spirit has driven Underwood to an illustrious career at some of the industry's biggest companies, including Google, X, Slack, and Intel. As she built products at these tech giants, Underwood quietly invested in over 50 startups, including the genetics-testing unicorn Color and the cap-table giant Carta. Underwood began investing while at X, then called Twitter, where she was the company's director of product. Shortly after, #Angels was born, the investment collective cofounded by Underwood, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, and Vijaya Gadde. Since 2015, the group has backed over 100 startups, including Forward, Clubhouse, Instacart, Material Security, and Airtable.

Persons: Underwood, she'd, Slack, Jessica Verrilli, who'd, Stewart Butterfield, Cal Henderson, Ev Williams, Jack Dorsey, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, Vijaya Gadde, you've, I've, they've Organizations: Amarillo College, Business, Google, Intel, GV, Cue, Twitter, Health, Security, Slack Locations: Amarillo , Texas, Amarillo, Termina, San Francisco

☆ Jeff Bridges credits his 48-year marriage with his longevity. Science backs that up.
▼ + stars: | 2024-05-02 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +4 min

Jeff Bridges has been married to his wife Susan for 48 years, and she supported him through cancer. He credits his long, happy life to their relationship: "Marriage is a wonderful thing." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . And spoiler alert: A lot of that has to do with his wife, Susan Geston Bridges, who was with him. Bridges' sentiment is sweet, but also backed by scienceJeff and Susan Bridges in 1977.

Persons: Jeff Bridges, Susan, —, Chaplin, Alice Tully, Bridges, Susan Geston Bridges, I've, it's, Jeff, Susan Bridges, Ron Galella, Sue, COVID, BI's Hilary Brueck, Robert Waldinger Organizations: Service, Lincoln, Business, AARP, Bridges, Harvard, Development Locations: New York City, Montana

☆ 'Time capsule' LA home torn down by Chris Pratt and Katherine Schwarzenegger could have been shown 'some honor,' designer's daughter says
▼ + stars: | 2024-04-27 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

The property, situated in Brentwood, was designed by Craig Ellwood and is known as the "Zimmerman House." Craig Ellwood, Zimmerman House (Los Angeles, Calif.), 1953. The Zimmerman HouseLiving room of the Zimmerman House designed by Craig Ellwood (Los Angeles, Calif.), 1953. Getty Research Institute, Los Angeles (2004.R.10)The Zimmerman House was a 2,770-square-foot home named after its first owners, Martin and Eva Zimmerman. The Eichler Network, a website focusing on midcentury modern homes in California, has shared photos of what appears to be the leveled Zimmerman House.

Persons: —, Chris Pratt, Katherine Schwarzenegger, Craig Ellwood, Zimmerman, Pratt, Schwarzenegger, Robb, Ellwood's, Erin Ellwood, that's, Julius Schulman, J, Paul Getty, Maria Shriver, Ken Ungar, Ellwood, Martin, Eva Zimmerman, Garrett Eckbo, could've Organizations: Service, Business, Los Angeles Times, Paul Getty Trust, Getty Research Institute, Los, Hollywood, Eichler Network Locations: Los Angeles, Brentwood, Calif, California

☆ Tesla's earnings report was worse than expected, but Elon Musk has a plan
▼ + stars: | 2024-04-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at Tesla's earnings report and what comes next for the EV maker. The big storyTesla's turnaround planJADE GAO/AFP via Getty Images; Chelsea Jia Feng; BIBad news: Tesla's earnings report was worse than expected. AdvertisementPerhaps that's why Musk spent so much of the earnings call discussing autonomy and the progress made with Tesla's Full Self-Driving software . Musk told analysts on the earnings call that Tesla is the majority of his work . If investors vote against the package at Tesla's annual meeting in June, who knows where Musk — and his AI ambitions — will end up .

Persons: —, Chelsea Jia Feng, Elon Musk, Tesla, Musk, hasn't, Insider's Linette Lopez, Matt Anderson, Tyler Le, JPMorgan's Marko Kolanovic, Kolanovic, Cathie, Stocks, Goldman Sachs, Gerard Julien, Elon Musk's, Carl Godfrey, Joe Biden, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Getty Images, Tesla, Getty, EV, Musk's, Intel, Micron Technology, Microsoft, BI America, Amazon, Boeing, Meta, IBM, US Locations: Delaware, Outflows, United States, China, Idaho, New York, London

☆ I had a 'power lunch' at Cecconi's, where Hollywood diners frequently forget their Gucci bags and iPads. Here's what it was like.
▼ + stars: | 2024-04-23 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +1 min

I recently dined at Cecconi's, considered to be an iconic "power lunch" spot in Los Angeles. The hostess told me people often forget their Gucci bags and iPads at the restaurant. AdvertisementWe now live in a hybrid world, but the "power lunch" is due for a comeback. A classic Italian restaurant off West Hollywood's famous Melrose Avenue, Cecconi's frequently appears on lists for the "top power lunch spots" and has been known to attract everyone from Beyoncé to Prince Harry. This story is available exclusively to Business Insider subscribers.

Persons: —, Cecconi's, Beyoncé, Prince Harry Organizations: Service, Melrose, Business Locations: Cecconi's, Los Angeles, Italian

☆ Investors are ramping up their exits from Cathie Wood's ARK after an epic 72% decline in her flagship fund
▼ + stars: | 2024-04-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Investors are ramping up outflows from Cathie Wood's ARK funds after a three-year decline. The suite of ARK ETFs has seen net outflows of $2.2 billion so far this year, triple the outflows in 2023. AdvertisementInvestors in Cathie Wood's ARK ETFs are starting to increase the pace of outflows after a string of bad bets and a painful three-year decline. The ARK ETFs' combined assets under management stand at $11.1 billion, down 81% from its peak AUM of $59 billion in 2021. This dynamic — the sharp decline in ARK funds while the broader stock market hits record highs — was highlighted by Morningstar earlier this year.

Persons: —, Morningstar, Amy Arnott, Wood, Tesla Organizations: Service, Innovation, Morningstar, Nvidia, Unity Software

☆ I visited Dollywood's sister theme park in the Ozark mountains. The hidden gem's attractions and food were just as good as Disney's.
▼ + stars: | 2024-04-22 | by ( Carly Caramanna | ) www.businessinsider.com time to read: +7 min

Read previewOne of my favorite hidden-gem theme parks is Silver Dollar City, nestled in the Ozark Mountains in Branson, Missouri. Both are owned by Herschend Family Entertainment, though Silver Dollar City opened first in 1960. I've visited theme parks all over the world and this now ranks as one of my favorites. There are also unique attractions at Silver Dollar City that I haven't experienced anywhere else — Grandfather's Mansion was one of my favorites. The food is fantastic and uniqueCarly CaramannaI'm a big foodie — especially at theme parks — and I was happy this park's eats lived up to the hype.

Persons: —, It's, I've, Carly Caramanna, I'd, Carly Caramanna It's, Carly Caramanna Grandfather's, that's, Carly Caramanna I'm, Delilah's, Dickens, Carol, An, Ward, She's, Dolly Parton's Organizations: Service, Dollar, Herschend Family Entertainment, Dollar City, Disney, Business, Silver Dollar, Marvel Locations: Ozark, Branson , Missouri, touristy, Branson there's

☆ Walton Goggins on His Best Movie & TV Roles: 'the Shield,' 'Django Unchained'
▼ + stars: | 2024-04-13 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +9 min

In his newest role, Goggins is a lot more than "That Guy." It's the kind of role Goggins excels at playing: a complex character who makes the audience question if they can — or should — root for him. "I didn't pick this lane; I think this lane picked me," Goggins told Business Insider when asked if he seeks out morally ambiguous roles. On showing up to LA with only $300 and almost getting fired from 'The Shield'(L-R) Walton Goggins and Robert Duvall in "The Apostle." And I love to see other people's work; I'm not threatened by that at all.

Persons: Walton Goggins, Guy, Robert Duvall's, Goggins, Shane Vendrell, Danny McBride, Quentin Tarantino, Django, he's, who's, Danny McBride's, Steven Spielberg, Quentin Tarantino's, Robert Duvall, I've, Duvall, Shawn Ryan, Spielberg, Tarantino's, Billy Freeman, Ryan Green, Jody Hill, David Gordon Green, David, It's, Shane, Jason Sudeikis, Jason, I'm, Steven Spielberg's, Steven, Quentin Organizations: FX, Business, Walton, HBO, Weinstein Locations: Hollywood, Beverly Hills, LA, Beverly, Georgia, Los Angeles, HBO's

☆ Cathie Wood takes a stake in OpenAI, saying it's at the forefront of a 'Cambrian explosion' in AI
▼ + stars: | 2024-04-12 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Cathie Wood's Ark Invest has taken a stake in OpenAI, the popular artificial intelligence player that's behind ChatGPT. In a Thursday email to clients, the St. Petersburg, Florida-based asset manager said her ARK Venture Fund has invested in OpenAI as of Wednesday. Wood's firm launched the venture fund in September 2022, giving small investors access to the venture capital market with as little as $500 . The widely followed Wood has been a big AI bull, saying it's the most important catalyst in every corner of her disruptive innovation strategy. Wood has also spoken highly of DeepMind, an AI intelligence research lab acquired by Google in 2014, calling it "one of the best AI companies in the world."

Persons: that's, Ark, OpenAI's ChatGPT, Wood Organizations: ARK Venture Fund, SpaceX, Google Locations: OpenAI, ChatGPT, St . Petersburg , Florida

☆ A 111-year-old is now the world's oldest living man. Here are his 3 tips for living a long, happy life.
▼ + stars: | 2024-04-10 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +3 min

Also registered in Liverpool in 1912 was the birth of John Tinniswood, who has just become the world's oldest man. Guinness World Records declared him the world's oldest man earlier this month, after the titleholder, Venezuelan Juan Vicente Pérez Mora, died at the age of 114 and 311 days. AdvertisementThe staff at his residential home describe Tinniswood as a "big chatterbox," according to Guinness World Records. Tinniswood is unphased by his new title, and told the Guinness World Records it "doesn't make any difference to me at all. AdvertisementBut no matter what you're doing, "always do the best you can, whether you're learning something or whether you're teaching someone," he told Guinness World Records.

Persons: —, John Tinniswood, Tinniswood, Venezuelan Juan Vicente Pérez Mora, Blodwen, it's, you've, Elizabeth Francis Organizations: Service, Guinness World Records, Business, British Army Pay Corps, Royal Mail, Shell, BP, Guinness, Records, BBC, BBC News Locations: Liverpool, Southport, Venezuelan

☆ Smucker's fifth-generation CEO said he's no nepo baby and won't let his kids be, either
▼ + stars: | 2024-04-09 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Mark Smucker, the CEO of J. M. Smucker Company, said the company is a meritocracy. Smucker, a fifth-generation leader, worked outside the company and got a graduate degree before joining. Family members must work outside the company and preferably hold a graduate degree. AdvertisementThe CEO said he was not always keen to join the family business as a child. "One is that you've got to work outside the company no matter what.

Persons: Mark Smucker, —, Smucker's, Orville, Smucker, Fortune, William & Mary, you've, Richard, Richard Smucker, Thomas Kirk Organizations: Smucker, Service, William &, Arizona State, Brightstar Capital Partners, New York Magazine Locations: Orville , Ohio, Alabama, Argentina, South America, Danish

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