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☆ A gig worker says the Lyft CEO's depiction of easy earnings are nonsense
▼ + stars: | 2024-06-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Take one of Risher's latest LinkedIn posts, which details driving Lyft riders around Napa Valley on a Sunday in early summer. But one Pennsylvania-based Lyft driver told Business Insider that the reality is far different than what Risher describes. AdvertisementDuring one recent week driving in Pennsylvania, the driver told BI that he completed eight rides over about three hours and drove 85 miles. Uber and Lyft workers say they're regularly offered rides that pay $3 or less each. Do you work for Lyft, Uber, DoorDash, or another gig rideshare or delivery service and have a story idea to share?

Persons: —, David Risher, Risher, They're, aren't, Lyft, Uber, they're, that's Organizations: Service, Business, Lyft Locations: Napa Valley, Pennsylvania, Napa

☆ An S&P 500 10% correction is likely this summer, says Piper Sandler
▼ + stars: | 2024-06-26 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

"However, the longer these warning lights flash, the more painful the repair bill (market correction) will be," Johnson said. .SPX YTD mountain S & P 500 Stocks have surged this year largely due to the outperformance of artificial intelligence mega-cap technology companies such as Nvidia. The S & P 500 and Nasdaq Composite are higher this year by roughly 15% and 18%, respectively. Just last week, the S & P 500 breached 5,500 for the first time. Johnson anticipates the S & P 500 will end the year at 5,050, or 7% lowerthan where it closed Tuesday.

Persons: Piper Sandler, Craig Johnson, Johnson Organizations: Nvidia, Nasdaq Locations: Tuesday's

☆ A gig worker says the Lyft CEO's depiction of easy earnings is nonsense
▼ + stars: | 2024-06-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Persons: —, David Risher, Risher, They're, aren't, Lyft, Uber, they're, that's Organizations: Service, Business, Lyft Locations: Napa Valley, Pennsylvania, Napa

☆ I drove the new $55,000 Nissan Z, and it lives up to its reputation as an iconic sports car
▼ + stars: | 2024-06-23 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +2 min

The Nissan Z was an absolute blast to drive. The Nissan Z's cabin. On a winding road, the Bridgestone Potenza-shod car handled the corners with the surefooted confidence expected of a world-class sports car. They were monsters in a straight line but felt heavy and unsure of themselves in the corners. According to Motor Trend, the Nissan Z Performance with the manual transmission can go from 0 to 60mph in just 4.9 seconds.

Persons: Benjamin Zhang, it's, hasn't, gunning Organizations: Nissan, Bridgestone Potenza, 350Z, Motor

☆ My first cruise with my son was a nightmare. We lost power twice, had to shower with flip-flops, and couldn't make 2 of our destinations.
▼ + stars: | 2024-06-23 | by ( Heidi Borst | ) www.businessinsider.com time to read: +4 min

Setting sail on a fun-packed cruise ship where everything was pre-planned was the perfect solution. Related storiesI booked a five-night Key West and Bahamas cruise through Celebrity, leaving from Miami. Our cruise experience wasn't greatBoarding our cruise ship, the Celebrity Summit, went smoothly, and we went right to our stateroom, which appeared as advertised. AdvertisementWe enjoyed another beautiful day at South Beach, sinking our toes in white sand beaches and exploring the outdoor Lincoln Road Mall. Though our cruise experience was probably an outlier, I won't chance it again.

Persons: —, I'd, Estiatorio Milos, Easter, couldn't Organizations: Service, Business, Miami Beach Locations: Bahamas, Miami, South Beach, Key, Bimini, Nassau, South

☆ I took a plane and a train on the 330-mile London to Edinburgh route. The race was closer than you might expect.
▼ + stars: | 2024-06-23 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

The 332 miles between London and Edinburgh takes a similar amount of time by plane or train. I took both modes of transport and timed how long it took from the center of each city. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe 332 miles between London and Edinburgh show a particularly narrow difference when traveling via train or plane. I grew up near London, and because my dad is from Edinburgh, we visited the Scottish capital every summer.

Persons: —, there's Organizations: Edinburgh, Service, Scottish, Business Locations: London, Edinburgh

☆ A Ride in a Chemical-Sniffing Van Shows How Heat Amps Up Pollution
▼ + stars: | 2024-06-21 | by ( Hiroko Tabuchi | ) www.nytimes.com time to read: +1 min

Two vans loaded with precision instruments trundled along the streets of New York and New Jersey in the heat earlier this week, sniffing for toxic chemicals in the air. They detected spikes in methane, a potent greenhouse gas, most likely from leaks, or from natural-gas-burning buses. And all along the ride, they logged elevated levels of ozone, the main ingredient of smog, as well as cancer-causing formaldehyde — both of which form readily in hot weather. The bottom line: The streets are dotted with pollution hot spots. And the heat makes pollution worse.

Persons: ”, Peter DeCarlo, Johns Hopkins University who’s Organizations: Johns Hopkins University Locations: New York, New Jersey

☆ 11 Tesla accessories to upgrade your ride, from a roadside safety kit to a $225 mattress
▼ + stars: | 2024-06-19 | by ( Jaures Yip | ) www.businessinsider.com time to read: +1 min

Tesla offers a range of accessories to enhance its five vehicle models, including the Cybertruck. Standard add-ons like floor mats and sun shades are available, alongside unique additions. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The EV maker currently offers five vehicles: the Model S, Model 3, Model X, Model Y, and, most recently, the Cybertruck.

Persons: Tesla, — Organizations: Service, Business

☆ For a Story on Disney, a Writer Tests New Waters
▼ + stars: | 2024-06-19 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

Times Insider explains who we are and what we do and delivers behind-the-scenes insights into how our journalism comes together. I suppose I qualify as a Disney Adult, the pejorative term for grown-ups who visit Disney theme parks without children in tow. Disney has 12 theme parks and two water parks around the world, and I’ve been to all of them. I was at Walt Disney World in Florida when the theme park reopened in July 2020 after closing for four months during the coronavirus pandemic. And this month, when Disney World began testing its newest ride, Tiana’s Bayou Adventure, I was on it.

Persons: I’ve, Mickey Mouse Organizations: Disney, Walt Disney Locations: Florida, California, Turkey

☆ In a Digital Age, High-End Outdoors Magazines Are Thriving in Print
▼ + stars: | 2024-06-16 | by ( John Branch | ) www.nytimes.com time to read: +1 min

In an ordinary industrial building off a busy Orange County street, a Seussian contraption, nearly 100 feet long, clattered to life. The room filled with the hum and squeaks of belts and machinery. Like passengers on a dark amusement ride, bundles of colorful magazine pages, printed a week earlier, began a wild, circuitous journey, through tunnels and up ramps, that lasted a few minutes. The long edge of each new 130-page sheaf was dipped into a pool of melting glue, then dropped into a U-shaped cover. After drying during a series of slow corkscrews, the new magazine’s edges were chopped smooth by guillotines and emerged through an opening.

Persons: Stephen Casimiro, ” Casimiro, ” Organizations: Geographic, Adventure Locations: Orange County

☆ I'm an only child who was raised by my grandmother. My childhood was lonely, but I'm still choosing to be child-free.
▼ + stars: | 2024-06-13 | by ( Marissa Higgins | ) www.businessinsider.com time to read: +5 min

I´m in my 30s, but I joke that I´ve been a grandma since birth. I'm an only child, and my grandmother raised me while my parents were out of the picture. My grandmother's house was on a peninsula, a seven-mile stretch of the Atlantic on the south shore of Massachusetts. I'd never been able to see my grandmother from the water and dreaded seeing her become a blurry speck on shore. I also don't trust myself to teach someone about the world when I´ve barely figured it out myself.

Persons: I'm, aren't, ´, couldn't, I'd, —, I've, Lasik, It's, wouldn't Organizations: Service, Pride Locations: Massachusetts, New York, Boston, Atlanta, Seattle, Caribbean, Iceland, Montreal, France

☆ Nvidia’s wild ride in 2024 is boosting insiders’ wealth. What it could mean for employees holding the stock
▼ + stars: | 2024-06-11 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

The stock's rise has been a boon to employees and insiders at the chip company who own shares. So-called RSUs provide workers with shares at a future date following a vesting period of typically three to five years. Employers can also offer incentive stock options, which allow employees to buy a specified number of shares at a stated – or strike – price. Workers who exercise their ISOs are also subject to capital gains taxes when they sell the stock they've purchased. Nonqualified stock options are another form of equity compensation.

Persons: Tench Coxe, Blair duQuesnay, they're, Albert J, Campo, – Organizations: Nvidia, Securities and Exchange Commission, Ritholtz Wealth Management, CNBC's, Employees, Workers, CPA, Campo Financial Locations: New Orleans, Freehold , New Jersey

☆ AI is getting very popular among students and teachers, very quickly
▼ + stars: | 2024-06-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +7 min

Khan recently told CNBC that its AI tool will expand from 65,000 students to one million students next year. It also recently announced that Microsoft is paying so that AI can be offered to teachers across the U.S. free of charge. In fact, teachers were the only demographic polled where year-over-year favorability declined, though a majority (59%) still have a positive view of AI chatbots. Minority groups are adopting AI for education at higher rates, including the teachers and parents who are using AI to help children. Black and Hispanic K-12 students and undergraduates were more likely to use AI for school.

Persons: Hyoung Chang, ChatGPT, Ethan Mollick, Sal Khan, Khan, CNBC's, Sam Altman, Greg Brockman, zeroed, Mollick, It's, Nadia, Alan Turing's Organizations: Getty, Microsoft, Apple, Impact Research, Walton Family Foundation, Learning, University of Pennsylvania's Wharton School, Khan Academy, CNBC, Teachers Locations: Denver, Newark , New, U.S

☆ Tiana's Bayou Adventure is the next step in Disney's $60 billion theme park investment
▼ + stars: | 2024-06-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

In this article DIS Follow your favorite stocks CREATE FREE ACCOUNTTiana's Bayou Adventure opens June 28 at Walt Disney World Resort in Florida! Tiana's Bayou Adventure, the rethemed Splash Mountain, is set to reopen June 28 at Walt Disney World Resort in Orlando, Florida. Featuring characters from Disney Animation's "Princess and the Frog," Tiana's Bayou Adventure takes guests through the swamps of New Orleans as Tiana preps a massive Mardi Gras celebration. The revamp of Splash Mountain into Tiana's Bayou Adventure is part of a bigger strategy for Disney to infuse relevant, fan-favorite intellectual properties into its existing rides and theme parks. A preview of Walt Disney Imagineering's audio-animatronics for the upcoming refresh of Splash Mountain, Tiana's Bayou Adventure.

Persons: Prince Naveen, Mama Odie, Olga Thompson We're, Tiana, Louis, hasn't, Disney, Walt Disney Organizations: Walt Disney World, Walt Disney Animation Studios, Disney, Guardians, California, Epcot Locations: Florida, Orlando , Florida, California, New Orleans, Norway, Tokyo

☆ Tesla shareholders to vote whether Elon Musk deserves billions judge struck down
▼ + stars: | 2024-06-09 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

New York CNN —Tesla’s controversial CEO Elon Musk, and his massive wealth, are front and center in a shareholder vote this coming week. Now, Musk and the board want Tesla shareholders not only to vote again to give him back those stock options, but to relocate Tesla away from the judge’s state entirely. Despite the widespread support among shareholders back in 2018 for Musk’s pay package, the Tesla board seems to be scrambling to shore-up support for this month’s vote. But perhaps a more serious concern among Tesla shareholders is problems faced by the electric car pioneer itself. “When Tesla achieved targeted earnings, revenues, and market cap metrics, Tesla’s shareholders benefitted greatly.

Persons: New York CNN —, Elon Musk, Tesla, Chancellor Kathaleen McCormick, ” McCormick, “ Musk, McCormick, ” Tesla, Robyn Denholm, Elon, ” Rather, ”, ” Denholm, “, he’s, Dan Ives, it’s, they’re, Ives, Neuralink, Musk, ” Ives, Ron Baron, Baron Capital, ” Baron, Glass Lewis Organizations: New, New York CNN, SEC, Musk, Elon, Twitter, Wedbush Securities, SpaceX, The Boring Company, Baron, Institutional, Services Locations: New York, Delaware, Texas, Tesla’s Texas, “

☆ Vigilante Hong Kong cabbies went undercover to ensnare illegal Uber drivers. It backfired
▼ + stars: | 2024-06-08 | by ( Chris Lau | ) edition.cnn.com time to read: +8 min

They are vigilante taxi drivers taking direct action, having become increasingly frustrated about Hong Kong authorities’ failure to regulate the ride-hailing platform. Noemi Cassanelli/CNNA Uber app is seen on a mobile phone in Hong Kong, China, on May 24, 2024. Patrick Tam, secretary general of the Hong Kong Taxi & Public Light Bus Association, acknowledged the complaints against some unruly taxi drivers, and said he supported the police going after them. “We just want fair treatment.”So far, Hong Kong police have said they had not arrested any Uber drivers ensnared in the amateur sting operations. And CUHK’s Chan said that, after years of ambiguity, Hong Kong is already playing catch-up.

Persons: Ka Chun, “, Uber, Noemi Cassanelli, CNN Uber, ”, Oliver Chan, Hong, John Lee, Lau, tim, ” Jason Chan, Mo, “ Uber, Patrick Tam, CNN Estyn Chung, CUHK’s Chan Organizations: CNN, Hong, Chinese University of Hong, Taxi, Pictures, hackney, CNN Taxis, HK, Hong Kong Taxi, Light Bus Association, Uber Taxi, Uber Locations: Hong Kong, China, Central, Chinese University of Hong Kong, Jordan, Singapore

☆ Welcome to Fantasy Springs, Tokyo DisneySea’s new land
▼ + stars: | 2024-06-06 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +5 min

Tokyo DisneySea's Fantasy Springs port has three themed areas and a new hotel, pictured. Tokyo Disney ResortA few Disney firstsVisitors to the new port first head through a tunnel passage made of rocks shaped like Disney characters from the three film franchises that inspired Fantasy Springs. One of the most anticipated additions inside Fantasy Springs is undoubtedly Rapunzel’s Forest, Disney’s first Tangled-inspired themed area. How to access and stay in the parkThe Tokyo DisneySea Fantasy Springs Hotel offers two options: The Fantasy Chateau and the more luxurious Grand Chateau (pictured here). Tokyo Disney ResortA one-day Fantasy Springs Magic passport is currently included for guests buying one of Tokyo Disney’s hotel vacation packages or available for purchase by those staying at the new Tokyo DisneySea Fantasy Springs Hotel inside the expansion.

Persons: Peter Pan, Flynn Rider, Peter Pan’s, Tinker Bell, John Darling –, Captain Hook, won’t, “, ”, Anna, Elsa, bakehouse Organizations: CNN, Tokyo, Disney, Oriental Land Co ., –, Tokyo Disney, Visitors, Resort, Spotify, Springs Hotel, Springs, Tokyo Disney Resort Locations: DisneySea, Tokyo, United States, Corona, Fantasy Springs, Fantasy

☆ Hedge fund manager Eric Jackson says Nvidia is still cheap, likes this other AI beneficiary
▼ + stars: | 2024-06-05 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Nvidia is still inexpensive even as it rose to a new record on Wednesday because of the rapid pace of its earnings growth, according to EMG Capital's Eric Jackson. Last month, Nvidia topped Wall Street expectations for the fiscal first quarter and issued strong guidance for the current quarter. While Nvidia is a leader for Jackson, there's also another stock in the AI space that's on his radar. Last week, Dell shares tumbled 18% after the company reported a decline in margins and missed expectations with its AI server backlog. But Jackson believes its incremental AI server revenues of $1.7 billion from its previous quarter has positioned the company to show better margins as the year goes on.

Persons: Eric Jackson, CNBC's, Jackson, Dell, there's Organizations: Nvidia, Bank of America, Dell

☆ 'Roaring Kitty' post seems to show trader held onto giant GameStop stake after Monday's rally
▼ + stars: | 2024-06-03 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Keith Gill, known on Reddit under the pseudonym DeepF-------Value and as Roaring Kitty, is seen on a fragment of a youtube video displayed on a smartphone screen in front of GameStop logo. Meme stock leader Keith Gill, who's behind GameStop 's recent roller-coaster ride, appeared to hold onto his big position in the video game retailer even after Monday's big rally. He still owned 5 million shares of GameStop and 120,000 call options with a strike price of $20 that expire on June 21, the screenshot showed. The post on Reddit's r/SuperStonk forum could not be independently verified by CNBC. Shares of GameStop climbed about 4% in extended trading following his latest Reddit post.

Persons: Keith Gill, who's, Gill Organizations: GameStop, CNBC

☆ Bitcoin investors see sideways trading in June as focus turns to Washington
▼ + stars: | 2024-06-01 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

That's thanks to last week's ether-led rally ahead of the SEC's approval of a rule change allowing ether ETFs in the U.S., when ether surged 20% in two days. Now, aspiring sponsors of ether ETFs need to file their S-1 registration forms for the individual funds. Until then, crypto is without a clear catalyst, with bitcoin ETFs and the halving in the rear view window. Bitcoin miners struggle after the halving Elsewhere, the bitcoin price could see some pressure from miner selling. Market watchers anticipated this would hppen after April's bitcoin halving, which slashed a key revenue source – the block reward – for bitcoin miners.

Persons: cryptocurrency, Antoni Trenchev, Bitcoin, Trenchev, Yuya Hasegawa, Hasegawa, Julio Moreno, there's Organizations: Metrics, SEC, Federal Locations: U.S, Washington

☆ Italy is bracing for a record wave of tourists, but is having trouble handling them
▼ + stars: | 2024-06-01 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

Tourists line a street in Venice, Italy, on Saturday, March 16, 2024. Italy is caught in an envious trap: it can't live without tourists, but it's having trouble handling the influx, particularly after Covid. He considers himself fortunate he's a boat driver: he pities the poor tourists who rent cars or try to find an elusive taxi. A general picture shows the main facade of the Pantheon in Piazza della Rotonda on March 30, 2024 in Rome, Italy. The famous Villa La Cassinella on the lake can be yours, for 100,000 euros a week.

Persons: Covid, Taylor Swift, Travis Kelce, there's, Croissants, it's, George Clooney's, Villa D'Este, Clooney, Villa, Uber, Rick Steves, Uber Van, Steves Organizations: Villa, Italian Association of Employment, Milanese, risotto Milanese, La Scala, Villa Oleandra Locations: Venice, Italy, Bellagio, Lake Como, Tremezzo, Paris, Piazza della, Rome, Milan, Marche, Sardinia, New York, Camparino, Villa, North America

☆ Your around-the-corner Uber or Lyft ride may pay drivers $3 or less. Some say it's a nightmare.
▼ + stars: | 2024-05-30 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

One screenshot from a Lyft driver based in Arizona showed a $2.62 ride that took 15 minutes and traveled 4.32 miles. For some drivers, these sub-$3 trips are a symbol of their broader frustrations with their pay. AdvertisementCompared to January 2023, sub-$3 trips — excluding tips — have become more common for DoorDash, Grubhub, and Uber Eats drivers and less common for Uber and Lyft drivers, per Gridwise. Otherwise, the pay would likely increase if drivers rejected these rides since drivers would be more likely to accept a higher-paying ride. AdvertisementMoises Diaz, a 41-year-old Uber and Lyft driver in California, started driving part-time in December.

Persons: —, Sergio Avedian, Guy, Avedian, it's, Lyft, they're, Uber, Grubhub, Gridwise, Randy Scott, he's, Scott, There's, he'll, Moises Diaz Organizations: Service, Business, Research, Gridwise, South, BI, Uber Locations: Arizona, Cleveland , Houston, Fort Lauderdale, Orange County, Los Angeles, Florida, California, South Florida

☆ I paid $500 for a private room on a 30-hour Amtrak ride that came with 2 beds and a toilet. Take a look inside.
▼ + stars: | 2024-05-29 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

I spent 30 hours in a sleeper car on an Amtrak train traveling from New York City to Miami in 2021. For $500, I stayed in a roomette, a private cabin with two beds, a toilet, and basic amenities. For the 30 hour-ride, I booked the cheapest private cabin I could — an Amtrak roomette for $500. With clever storage hacks, I thought it felt like a tiny hotel room with no unused space. Take a look around the most affordable Amtrak ride in a private cabin.

Persons: — Organizations: Amtrak, Service, Amtrak roomette Locations: New York City, Miami

☆ A 79-year-old who started running in her 40s has done 28 triathlons. She has 4 tips for young people wanting to be as fit as her.
▼ + stars: | 2024-05-21 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

Gruenfeld was inspired to start running after watching the 1986 Boston Marathon, at the age of 41. Gruenfeld shared her tips for people wanting to be as fit as her at 79. Get and stay strongGruenfeld said that she has found strength training helpful for her fitness, to maintain muscle as she has aged. To maintain her muscle, Gruenfeld lifts heavy weights, to "really stress those muscles." Add activities you enjoyYou don't have to only do strength training to get fit.

Persons: —, Cherie Gruenfeld, Gruenfeld, that's, it's Organizations: Service, Business, UCLA Health

☆ She flew a record-breaking US flight – but it was kept secret for years
▼ + stars: | 2024-05-16 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +13 min

There were no women flying, there were no female airline pilots. A historic moment, kept secretRippelmeyer and Captain Emilie Jones before a flight with Air Illinois, where they became the first all-female crew of a scheduled flight in the United States. So that’s what we did.”It was December 30, 1977, and that was the first scheduled flight in the United States with an all-female crew – but it was kept a secret. At least, “since nobody died,” Lippenmeyer says, the two were no longer intentionally kept apart and flew together many more times. “My first 747 flight was to London and then my last 787 flight was to London,” she says.

Persons: CNN — Lynn Rippelmeyer’s, “, ”, Rippelmeyer, Bonnie Tiburzi, Emily Warner, Frontier –, Emilie Jones, Lynn Rippelmeyer Rippelmeyer’s, — Emilie, ” Rippelmeyer, ” Lippenmeyer, Lynn Rippelmeyer, Ozark Air Lines —, Carl Hirschberg, we’d, that’s, doesn’t, ” “, I’m, furloughed, wasn’t, didn’t, ” – Organizations: CNN, TWA, Boeing, Piper, American Airlines, Frontier, Air Illinois, Air, Airlines, Ozark Air Lines, World Airlines, TWA –, People Express, People, London Gatwick, Continental, Central America, United Airlines, Continental Airlines, Aviation Locations: Mississippi, Vermont, United States, Miami, Air Illinois, Air, JFK, ”, Newark, London, Polynesia, California, Texas, Houston, Tegucigalpa, Honduras, Central

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