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☆ Tom Mueller worked for Elon Musk at SpaceX for almost 20 years: 'I learned never to tell him no'
▼ + stars: | 2023-09-16 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

"We watched like maybe one play, because we were so engaged in talking about building a launch vehicle," Mueller told Isaacson. Musk agreed, but Isaacson writes that this meant Musk considered "Mueller an employee, rather than a cofounder, of SpaceX." "You cannot ask for two years of salary in escrow and consider yourself a cofounder" Musk told Isaacson. Elon Musk with a SpaceX rocket in March 2004 in El Segundo, Los Angeles. "I am very proud of what we have achieved at SpaceX," Mueller told the University of Idaho in 2018.

Persons: Tom Mueller, Elon Musk, Mueller, Musk, Elon Musk's, Walter Isaacson, here's, Los Angeles Mueller, Isaacson, who'd, Chris Thompson, Musk Mueller, There's, Elon, Paul Harris, It's, Mueller's, Peter Thiel Organizations: SpaceX, Service, University of Idaho, TRW, Reaction Research Society, PayPal, Ebay, Super, Exploration Technologies Corporation, Merlin, Pathfinder Locations: Idaho, Wall, Silicon, Los Angeles, Canada, Saint Maries, El Segundo , Los Angeles

☆ Hugh Hefner's son says he's made $33,000 since joining OnlyFans – because he's a 'nepo baby'
▼ + stars: | 2023-09-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Hugh Hefner's son has earned more than $33,000 since joining OnlyFans as a creator in March. He admits he's a nepo baby and wouldn't have the same opportunities if it wasn't for his famous dad. The term nepo baby — short for nepotism baby — became popular after New York magazine examined the world of Hollywood nepotism. Hefner readily admits he's a nepo baby: "If I wasn't Hugh Hefner's son I wouldn't have seen the same opportunities I have been given. "I don't have an allegiance towards OnlyFans or Playboy, but OnlyFans has helped me grow a lot," he said.

Persons: Hugh Hefner's, Marston Hefner, Hugh Hefner, —, he's, Hefner, I wouldn't, Dan Tuffs, OnlyFans, Daren Organizations: OnlyFans, Service, New York, Playboy Locations: Wall, Silicon, Los Angeles

But a person who worked closely with Ramaswamy said, "He thinks people are put on this earth to serve him." Roivant attracted investors including Masayoshi Son's SoftBank Vision Fund, Peter Thiel's Founders Fund, and the hedge fund Viking Global Investors. Former Roivant employees said Ramaswamy worked hard and expected the same of others. McLaughlin called the employee's recollection "inaccurate," adding that Ramaswamy "has never once raised his voice or used bad language with employees." At Roivant, Ramaswamy kept his politics largely to himself, former employees said.

Persons: Vivek Ramaswamy, Ramaswamy, He's, Donald Trump, Mike Pence, Nikki Haley, Ron DeSantis, Trump, George Soros, didn't, Taco Bell, he's, —, Vivek, Tricia McLaughlin, he'd, McLaughlin, takeout, Forbes, Vivek doesn't, they've, Roivant, Masayoshi, Peter Thiel's, Thiel, JD Vance, Bill Ackman, who'd, . Ramaswamy, Erik Gordon, Vance, John Phillips, Joyce Rosely, Phillips, Anson Frericks, they'd, Rosely, Frericks, They're, they're, Eric Balchunas, Todd Rosenbluth, Rosenbluth, Christopher Lenzo, Brandon Bell, Vivek Ramaswamy's, Katherine Long, Jack Newsham, Meghan Morris Organizations: pharma, Army Rangers, Biotech, Republican, nab, GOP, of Education, FBI, Nuclear Regulatory Commission, Federal Reserve, Florida, Roivant Sciences, General Electric, Yale Law School, Army, Rangers, Harvard, Yale, Fund, Viking Global, Leerink Partners, GlaxoSmithKline, Forbes, Big Pharma, Japan's Sumitomo Pharma Co, ., University of Michigan, FDA, US, Yale Law, ESG, The, Texas, Indiana, BlackRock, Vanguard, Bloomberg Intelligence, Fair, SEC Locations: Mexico, FiveThirtyEight, Roivant, Patagonia, Iowa, New York, Ohio, The Lever

WASHINGTON (AP) — As the Biden administration heralds the forthcoming release of five U.S. citizens detained by Iran, President Joe Biden is also confronting questions about the price being paid to bring them — and other detainees — home. But each time, officials have said bringing home Americans held by foreign adversaries is a core administration priority that necessarily comes at a heavy cost. Increasingly, the Biden White House has appeared willing to pay it. The Biden administration is, of course, hardly unique in prisoner swaps. The Obama administration in a 2016 deal that drew consternation granted clemency to seven Iranians charged in the U.S. in exchange for the release by Iran of four Americans.

Persons: Biden, Joe Biden, Matthew Miller, “, Michael Waltz, they’ll, Trump, Donald Trump, who'd, Obama, there's, Siamak Namazi, James W, Danielle Gilbert, ”, It's, There's, Mark Frerichs, Bashir Noorzai, Nicolás Maduro’s, Antony Blinken, Iran wouldn’t, Ebrahim Raisi, Gilbert Organizations: WASHINGTON, U.S, WNBA, Biden White, Mideast, ”, Republican National Convention, Foley Foundation, Northwestern University, Justice Department, U.S ., U.S . U.S, NBC Locations: Iran, America, Russia, ”, U.S, Florida, Iranian, Washington, Venezuela, South Korea, Qatar, Northwestern

☆ Architects are cutting big holes in the middle of skyscrapers and adding more floors to turn empty NYC offices into apartments
▼ + stars: | 2023-09-10 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

A developer and an architect explain how they transformed NYC financial district office buildings. But some developers and architects have used the opportunity to lean into a business model they'd been pursuing long before COVID-19: turning empty office buildings into housing. They're currently finishing up their transformation of 160 Water Street, a 1970s office tower in lower Manhattan that will become 586 apartments. AdvertisementAdvertisementThe exterior of 160 Water Street, a former office building that's undergoing full reconstruction to create nearly 600 market-price apartments. Rent at 160 Water will range from about $3,500 for a studio apartment up to $7,500 for a two-bedroom.

Persons: they'd, They're, Vanbarton, Eric Adams, Joey Chilelli, Robert Fuller, Fuller, Lev Radin, Chilelli, — Organizations: Service, Vanbarton Group, New Locations: NYC, Wall, Silicon, York, Manhattan, New York

☆ Why this top banker left Goldman Sachs to help fund women who are changing healthcare
▼ + stars: | 2023-09-08 | by ( Blake Dodge | ) www.businessinsider.com time to read: +8 min

At Leerink Partners, Sasha Kelemen runs an investment-banking team unlike any other on Wall Street. For her work, Insider named Kelemen to our list of 30 leaders under 40 transforming healthcare. After graduating from business school at the University of Virginia in 2017, she joined the healthcare team at Goldman Sachs. Sasha Kelemen. Sasha Kelemen with her daughters Olivia and Zoe.

Persons: Sasha Kelemen, Goldman Sachs, Kelemen, Goldman, she'd, scrappy, Chris, who'd, Barry Blake, Blake, Wall, she's, Sasha Kelemen's, who's, they're, Leerink, it's, haven't, Olivia, Zoe, Jill Angelo, wasn't Organizations: Leerink Partners, Morning, University of Virginia, Boston College, Goldman, Wall, Investment, OB Locations: Venezuela, Florida, Connecticut, SVB, New York City, women's

So I'll admit I got The Platinum Card® from American Express for the clout. Getting an Amex didn't change my finances or my life, and I knew it wouldn'tI held my Amex Platinum card as I did with my driver's license when I was 16. Financial therapist Aja Evans says my Amex credit card is one way of coping with self-esteem issues, but it's a bandage. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. Products in this post: The Platinum Card® from American Express, American Express® Gold Card

Persons: Achilles, I've, wouldn't, I'm, Aja Evans, Evans, it's, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash Organizations: Service, American Express, Yorker, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, Shipping, American, Products Locations: Wall, Silicon, Hulu

☆ Architects explain how they're turning office buildings into apartments with high ceilings and more natural light
▼ + stars: | 2023-09-04 | by ( Eliza Relman | ) www.businessinsider.com time to read: +9 min

Steven Paynter, an expert in office-to-residential conversions at the architecture firm Gensler, thinks converted office buildings will be a trendy, new type of housing. Advertisement Advertisement Watch:The renovated exterior of Franklin Tower, a 24-story former office building in downtown Philadelphia that now contains luxury residences. But renovating old office buildings is no simple task. AdvertisementAdvertisementIn some cases, particularly when it comes to postwar high-rises, it's more economical to tear old office buildings down and replace them with new housing, Hogan said. When Gensler renovated Franklin Tower, a vacant 1970s office building in downtown Philadelphia, it fully reconstructed the facade and windows.

Persons: Steven Paynter, Paynter, Robert Deitchler, Mark Hogan, who'd, you've, Charles Bloszies, Hogan, " Hogan, John Cetra, Cetra, Bloszies Organizations: Service, Broad, Coast, Franklin Locations: Wall, Silicon, Manhattan , New York, Philadelphia, San Francisco, Franklin Tower, Manhattan, San Francisco's

☆ I canceled Netflix after 14 years and it feels like the end of an era
▼ + stars: | 2023-09-02 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +5 min

I canceled my account after the password-sharing crackdown made me realize I wasn't watching as often. I'll probably be back, but it feels like the end of an era with a service I came of age with. That's why, in August, I canceled my Netflix account after subscribing for 14 years. A screenshot of the email confirmation I received when I canceled Netflix. When my husband merged his Netflix account with mine, it was almost as big a step in our relationship as moving in together.

Persons: I've, I'd, who'd, Peacock, Max, it'd, Ashley Rodriguez, It'd, that's, I'm Organizations: Netflix, Morning, Blockbuster, Apple, Paramount, British Baking, relishing Locations: New York, Belgium

☆ How insiders are reacting to Mark Thompson, CNN's new CEO, and how they think he'll tackle the network's challenges: 'He wants to be involved in editorial'
▼ + stars: | 2023-08-30 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

WBD named Mark Thompson as CNN's new CEO in a shift by David Zaslav to an experienced news leader. Thompson is widely credited with turning the Times into a digital powerhouse, transforming a news organization that was teetering financially. Under Thompson, there also were flops along the way to success for the Times, like the failed NYT Now mobile app. Thompson is expected to be involved in editorialObservers and insiders expressed optimism about the Thompson news. They also will be watching to see how he will carry out WBD CEO David Zaslav's commitment to providing a wider range of political viewpoints, including conservative ones.

Persons: WBD, Mark Thompson, David Zaslav, Thompson, Chris Licht, Ken Doctor, Meredith Kopit Levien, who'd, Times —, Levien, Nate Silver, Jill Abramson, Abramson, wouldn't, Mark, Donald Trump, David Zaslav's, He'll, Jeff Zucker, I've, Zaslav, Licht, he'd, Semafor, James Harding, Andrew Ross Sorkin, he's, Jonathan Miller, Miller, Amy Entelis, David Leavy, Virginia Moseley, Eric Sherling, who's, Leavy Organizations: CNN, New York Times, Warner Bros, Discovery, Max, longtime Times, Times, ESPN, ABC, Observers, BBC, Company, Integrated Media Co, Editorial Locations: British

☆ 3 Ukrainian pilots died in a disastrous mid-flight collision days after Western allies announced a new training initiative
▼ + stars: | 2023-08-27 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Three Ukrainian pilots were killed Friday after a midair collision during a training flight. The catastrophe comes as Western allies have begun offering pilot training to Ukraine's troops. "Yesterday, a disaster occurred in the sky over Zhytomyr region," Ukrainian President Volodymyr Zelenskyy said in a statement released Saturday, confirming the pilots' deaths. AdvertisementAdvertisementThe catastrophe comes just days after the US announced plans to provide jet pilot training for Ukrainians flying F-16s that Denmark and the Netherlands have supplied from their fleets. The training, which will be conducted at Morris Air National Guard Base in Tucson, Arizona, will begin in October.

Persons: who'd, Volodymyr Zelenskyy, Andriy Pilshchykov, Zelenskyy, It's, Juice, Anderson Cooper, Biden Organizations: Service, Radio Free, CNN, Ukraine's Ministry of Defense, US, Morris Air National Guard Base Locations: Wall, Silicon, Sinhury, Zhytomyr, Ukrainian, Ukraine, West, Denmark, Netherlands, Tucson , Arizona

☆ Deloitte's human-sustainability chief wants to help employees beat burnout. She says the best solutions go beyond vacation and office yoga — and involve undoing 100 years of routine.
▼ + stars: | 2023-08-25 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

To combat burnout, it will take more than vacations and a few yoga classes, she told Insider. To really fix what's wrong with work, Fisher said, we need to have deeper, more thoughtful conversations. Fisher said employers need to push back on the idea that workers who cut through piles of work must be in good shape. I was on my way to burnout and the downstream impacts of my actions and behaviors on my team were detrimental," she said. Her own journey toward a more balanced approach to work leaves Fisher optimistic that broader change is possible.

Persons: Jen Fisher, who'd, Fisher, Deloitte's Jen Fisher, Odette Fernandez Lopez, We've, we're, she's, they're Organizations: Deloitte, Service Locations: Wall, Silicon, chemo

☆ 'Final nail in the coffin' for Russia's Wagner Group as leader Prigozhin presumed dead
▼ + stars: | 2023-08-24 | by ( Elliot Smith | ) www.cnbc.com time to read: +8 min

Head of the Wagner Group Yevgeny Prigozhin left the Southern Military District headquarters on June 24, 2023 in Rostov-on-Don, Russia. Stringer | Anadolu Agency | Getty ImagesRussian mercenary force Wagner Group may have suffered a "final nail in the coffin" with the presumed death of leader Yevgeny Prigozhin in a plane crash, analysts suggest. Yet the group also appeared to call for peace, with the Wagner Group Telegram channel on Thursday calling for its members and supporters not to "take any measures" within Russian territory. A member of private mercenary group Wagner pays tribute to Yevgeny Prigozhin and Dmitry Utkin following their apparent deaths in a plane crash on Aug. 23, 2023. Members of the Wagner Group prepare to depart from the Southern Military District's headquarters and return to their base on June 24, 2023 in Rostov-on-Don, Russia.

Persons: Wagner Group Yevgeny Prigozhin, Wagner, Yevgeny Prigozhin, Dmitry Utkin, Vladimir Putin, Prigozhin, Jason Bush, They've, Bush, it's, Alexander Lukashenko, Vladimir Nikolayev, Putin, disbursing Wagner, who'd, reimagining Wagner, Doxsee, Sergei Surovikin, Surovikin, —, Prigozhin's Organizations: Wagner Group, Southern Military, Stringer, Anadolu Agency, Getty, NBC News, Grey Zone, Central African, Russian Defense Ministry, Russian Armed Forces, Kremlin, Redut PMC, Mercenaries, Defense Ministry, Eurasia Group, CNBC, Afp, Russian Embassy, Ukrainian Ministry of Defense, Transnational, Center for Strategic & International Studies, Russian Aerospace Forces, PMC Locations: Rostov, Don, Russia, Moscow, Tver, Hell, Russia's, Ukraine, Central African Republic, Libya, Mali, Sudan, Syria, Belarus, Africa, Russian, London

☆ Fin Capital has become the most prolific fintech investor in the world. Behind the scenes, there's been a phishing attack, whistleblower complaints, and a wave of exits.
▼ + stars: | 2023-08-23 | by ( Ben Bergman | ) www.businessinsider.com time to read: +12 min

It was August 2021, during the waning months of the frothy startup bull market, and Fin Capital was on the ascent. The message was a phishing attack — Fin Capital had been hacked. But there is dispute over how Fin Capital handled the attack and its aftermath. Still, as other firms have sharply pulled back on investing in the downturn, Fin Capital has done the opposite. It's unclear whether the whistleblower complaints that former Fin Capital employees filed with the SEC are being investigated.

Persons: Logan Allin, Fin Capital, Allin, you've, Gene Price, Frost Brown Todd, who'd, It's, fiduciaries, Capital, Tom Allin, Obama, Forbes, you'll, he'd, Peter Thiel ., Henry Kravis, Roelof Botha, Thiel, Kravis, Botha, fintech, Pipe's cofounders, Peter Ackerson, Ackerson, Andreessen Horowitz, fundraisings, Ben Bergman, bbergman Organizations: Fin, Sequoia, SEC, Securities and Exchange Commission, Fin Capital, Francis Yacht Club, Constellation, titans, KKR, Sequoia Capital, Caplight, FT Partners, LinkedIn, Twitter, Facebook Locations: York, Los Angeles, Fin, Silicon Valley, San Francisco, fintech, Sequoia

☆ Rudy Giuliani helped Purdue Pharma keep selling OxyContin. Here's the real story behind what's depicted in 'Painkiller.'
▼ + stars: | 2023-08-18 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Giuliani helped Purdue Pharma strike a deal with the government to keep selling the drug. Purdue Pharma hired Giuliani back in 2002, representing the first client his consulting firm ever landed, The New York Times reported in 2007. By getting Brownlee to agree to prosecute the parent company, Purdue Frederick, rather than Purdue Pharma, Giuliani and his team were also able to prevent a ban against Purdue Pharma doing future business with the federal government, which manages public health programs like Medicaid, Medicare, and the Veterans Administration health system, The Guardian reported. Under our settlement, Purdue Pharma would cease to exist and Knoa Pharma, a newly formed company with a public-minded mission, would emerge. The settlement would deliver over $10 billion of value for opioid crisis abatement, overdose rescue medicines, and victim compensation."

Persons: Trump, Rudy Giuliani, Giuliani, — Rudy Giuliani, Sackler, OxyContin, Edie Flowers, Uzo Aduba, Patrick Radden Keefe, John Brownlee's, James Comey, Brownlee, who'd, Purdue Frederick Organizations: Netflix, Former New York City Mayor, Purdue Pharma, Service, Purdue, New, New York City, OxyContin, The New York Times, Guardian, Veterans Administration, Knoa Pharma Locations: Wall, Silicon, New York, New York City, OxyContin

☆ A Ron DeSantis supporter had to fire undocumented staff who'd worked at his restaurant for decades after being fined $500,000. He thinks DeSantis' immigration crackdown has gone too far.
▼ + stars: | 2023-08-14 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

A Florida restaurant owner was forced to fire undocumented staff after being fined $500,000, The Miami Herald reported. Richard Gonzmart, the owner of the restaurant, is an ardent supporter of Florida Gov. But he thinks DeSantis' immigration crackdown has gone too far and wants stronger protections for migrants. Ron DeSantis, but he told the Herald DeSantis' immigration crackdown has gone too far and that he wants stronger protections for migrants. He was referring to a Florida immigration law that requires businesses with more than 25 employees to check their employees' work eligibility using E-Verify.

Persons: Richard Gonzmart, Ron DeSantis, DeSantis, He's, Gonzmart, —, it's Organizations: Miami Herald, Florida Gov, Service, Herald Locations: Florida, Wall, Silicon, Tampa, Texas

☆ James Carville dismisses concerns that Democrats don't have a strong presidential bench for 2028: 'So many people, it's breathtaking'
▼ + stars: | 2023-08-12 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

James Carville recently gushed to The Hill about the potential 2028 Democratic presidential bench. "These are some staggeringly talented politicians," Carville said of figures like Josh Shapiro and Wes Moore. And Carville already has his eye on some of the highest-profile Democratic politicians out there. Carville told The Hill that the perception of a large GOP farm team and a small Democratic bench was not the reality that he sees as he envisions a 2028 Democratic primary. "The Democratic bench is really long," Carville added.

Persons: James Carville, Biden, Carville, Josh Shapiro, Wes Moore, Joe Biden, Bill Clinton's, Kamala Harris, Georgia Sen, Raphael, Warnock, Andy Beshear, Gretchen Whitmer, Mitch Landrieu, Roy Cooper, James, Arizona Sen, Mark Kelly, Ruben Gallego, Jared Polis, Shapiro, I've Organizations: Democratic, Service, Privacy, Arkansas Gov, Democrats, Pennsylvania, Maryland Gov, Kentucky Gov, Michigan, New, New Orleans Mayor, North Carolina Gov, GOP, Arizona Rep, Colorado Gov Locations: Wall, Silicon, Georgia, New Orleans, Louisiana, Arizona, Philadelphia

☆ Tech investors face 'new era' of China restrictions after Biden order limits funding in A.I., chips
▼ + stars: | 2023-08-10 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +4 min

The Biden administration's executive order restricting U.S. private equity and venture capital investments in Chinese technology finally landed on Wednesday. For U.S. tech investors who'd already grown wary of the budding cross-Pacific rivalry, the ruling is the clearest signal yet that the world's second-biggest economy is off limits. Biden is specifically targeting investments in technologies like semiconductors, quantum computing and artificial intelligence on concern that China's advancements in those areas run counter to U.S. national security interests. U.S. investors have been steadily retreating from China due to a combination of a weakening economy and the fraught geopolitical environment. "Most investors want to avoid being seen as acting against U.S. national security interests."

Persons: Joe Biden, Biden, We've, Elena McGovern, Neil Shen helming, Eric Reiner, Adam Hickey, Mayer Brown, Steve Sarracino, that's, Activant, There's Organizations: Biden, Capstone, Chinese Communist Party, Sequoia Capital, Sequoia, Vine Ventures, Justice Department's, who's, U.S, Activant, Investors Locations: Belen , New Mexico, U.S, China, Sequoia China, Israel, Latin America, Germany, South Africa, The U.S, ByteDance

☆ 3 friends pooled $3,000 to sell T-shirts—they've brought in over $250 million since 2019
▼ + stars: | 2023-08-10 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

When Bartlett and a couple friends pooled $3,000 to launch men's apparel brand True Classic in 2019, he'd never sold clothing before. But the idea behind True Classic, affordable shirts built to flatteringly fit the everyman, seemed to resonate with people. The mistake, he says, nearly put True Classic out of business. Now, finally, True Classic is once again positioned to compete with direct-to-consumer rivals like Everlane and Vuori, and clothing giants like Nike and Ralph Lauren. True Classic spent $40 million on its first inventory order for the year.

Persons: Ryan Bartlett's, Bartlett, he'd, — Nick Ventura, Matthew Winnick —, Ralph Lauren, who'd, should've, couldn't Organizations: CNBC, Nike, Facebook Locations: Los Angeles, Ventura

☆ Chaos in the Hamptons: Tracy Anderson devotees gripe about $5,500 mats, $90 classes, and power struggles among 'queen bees'
▼ + stars: | 2023-08-09 | by ( Katie Warren | ) www.businessinsider.com time to read: +8 min

"You can't just work out; you can't just enjoy it," another former Hamptons trainer added. Several pointed out that TA's longtime Hamptons studio manager left just before the summer season, and a current Hamptons trainer said the manager hadn't been replaced. One person who attends drop-in Hamptons classes said she tried to get into classes for weeks but couldn't get off the waiting list. Katia Pryce, the founder of DanceBody in NYC, worked as a TA trainer more than 10 years ago. A-listers such as Paltrow and Robert Downey Jr. have had TA trainers come to their Hamptons homes for private sessions.

Persons: Tracy Anderson, Michael Rubin's, —, Anderson, Anna Kaiser, Dani Levi, they're, Anderson didn't, Neil Rasmus, BFA.com, nonmembers, nonmember, hadn't, Nonmembers, couldn't, Katia Pryce, Pryce, Gwyneth Paltrow, Madonna, She's, Megan Roup, Roup, Tracy Anderson's, Rachel Murray, Paltrow, Robert Downey Jr, Elisa Arcaya, they'd, Arianna Siegel, Levi, Irene Nederlof, Claudia Saez, Fromm, she'd Organizations: White Party, Hamptons, TA, Hampton, Getty Locations: Southampton, Sag, Tribeca, Water, California, Madrid, NYC, New York, Manhattan, Los Angeles, Amsterdam, New York City, London, Miami

☆ A real-estate investor who went from zero savings to financially independent couldn't always qualify for a mortgage. She shares the 2-part strategy she used to buy her first home.
▼ + stars: | 2023-08-09 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +9 min

Then, she obtained a private loan, rather than going through a traditional mortgage lender. She considers herself financially independent, since her rental income is more than enough to cover her bills, but still chooses to work. We worked out a private loan and he didn't need to verify my income or anything. "From what I'd heard from other investors and flippers doing private money, those loans are typically more expensive, like 10%, so I was actually quite fortunate. She ended up being able to pay off the entire private loan early, thanks to an unexpected family tragedy.

Persons: Zeona McIntyre, She's, McIntyre, That's, It's, she'd, there's, who'd, I'd, she's, you'll, I've Organizations: New Locations: New York City, Airbnb, Boulder

☆ The majority of likely Iowa GOP caucusgoers would rather have a candidate they agree with on issues than one that can beat Biden: poll
▼ + stars: | 2023-08-04 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

A recent New York Times survey found that the majority of likely Iowa GOP caucusgoers prefer a candidate they agree with on issues over one who can beat Biden in 2024. The poll, which was taken between July 28 and August 1, found that 52 percent of likely Iowa GOP caucusgoers were more likely to support a candidate they "agree with most on the issues" compared to the 44 percent who'd prefer one who has the "best chance to beat Joe Biden" in the 2024 election. The survey also asked participants if the phrase "able to beat Joe Biden" better described former President Donald Trump or DeSantis. Precisely half of likely Iowa GOP caucusgoers said it described Trump "a lot" or "somewhat better" compared to 40 percent who said DeSantis. Results from the New York Times poll also showcase a potential strategy DeSantis can use to win over likely GOP caucusgoers: move even more to the right.

Persons: Biden, who's, Joe Biden, Donald Trump, Iowa GOP caucusgoers, Trump, caucusgoers, DeSantis Organizations: New York Times, Iowa GOP, Trump, Biden, Service, DeSantis, Republican Party Locations: Iowa, Wall, Silicon, Florida

☆ Morgan Stanley: These are the 5 key themes shaping the housing market for years to come, and the 5 stock-market industries filled with opportunities and pitfalls investors need to watch for
▼ + stars: | 2023-08-02 | by ( Mark Reeth | ) www.businessinsider.com time to read: +8 min

Morgan Stanley economists see a stronger housing market cycle and interest rates being cut in 2024. Luckily, Morgan Stanley strategists think the housing market is finally reaching a turning point. That will mark the end of the current craziness and the beginning of a new housing market cycle. As for the US industries and stocks connected to the housing market, Wilson noted that tomorrow's market will bring about different winners and losers. Higher interest rates mean higher mortgage rates, and higher mortgage rates mean lower demand for mortgages.

Persons: Morgan Stanley, Mike Wilson, Wilson, homebuyers, there's, isn't, Morgan Stanley Wilson Organizations: Housing Locations: homeownership, rentership

☆ A father-son duo built 2 vacation homes on a remote Australian island that rent for $6,200 a night — and Chris Hemsworth was their first guest
▼ + stars: | 2023-08-01 | by ( Claire Turrell | ) www.businessinsider.com time to read: +7 min

Michael and Timmy Maxwell run Island House on Lord Howe Island, Australia. "Even before I got to the shore, I was completely in love with the island," Maxwell told Insider. Courtesy of Island HouseThe Maxwells completed the South House and the North House and opened them as Island House in October 2020. "As Chris Hemsworth is famously a pretty large guy, when he saw Island House, he said, 'OK, this is my kind of place.'" Timmy Maxwell's partner, Cecile, also runs an Instagram account to market Island House, which is open from September to May each year.

Persons: Michael, Timmy Maxwell, Chris Hemsworth, Michael Maxwell, Lord, he'd, Maxwell, Howe, Timmy, Lord Howe, you've, they'd, Michael Maxwell liaised, Ken, Timmy Maxwell's, Cecile, who'd Organizations: Service, UNESCO —, Tourism Australia, North, House Locations: Howe, Australia, Wall, Silicon, Lord Howe, Sydney, North, Denmark, Hemsworth

☆ What does Elon Musk's 'Burnt Hair' perfume really smell like? We asked our newsroom to do a blind test of the new fragrance.
▼ + stars: | 2023-07-30 | by ( Lakshmi Varanasi | Sarah Jackson | ) www.businessinsider.com time to read: +6 min

Elon Musk's Boring Company launched a $100 perfume called "Burnt Hair" in October. Last October, he added "perfume salesman" to his list when he began selling a scent called "Burnt Hair" to the world. The unisex fragrance is sold through The Boring Company, where it was originally listed for $100. Upon sniffing Burnt Hair directly from the bottle he concluded that it actually smelled better than most perfumes. "It's pretty gross…It does smell like burnt hair."

Persons: Elon, Elon Musk, Musk, it's, Boring, Madeline Renbarger, Nathan McAlone, Darius Rafieyan, Rafieyan, Taylor Rains, Meghan Morris, Maddie Berg, who'd, Brad Davis, Tim Levin Organizations: Elon Musk's Boring Company, SpaceX, The, Company, Twitter, The Boring Company, eBay, Boring Company, Boring, Aviation, Transportation Locations: Colorado

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