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☆ 'You've got to stick with it:' A Q+A with GOP presidential candidate Asa Hutchinson
▼ + stars: | 2023-11-09 | by ( Madison Hall | ) www.businessinsider.com time to read: +5 min

Asa Hutchinson is challenging Trump for the GOP presidential nomination. "There's a lot yet to be determined and you've got to stick with it," Hutchinson said. AdvertisementAdvertisementWith just about a year left until the 2024 election and his campaign struggling, GOP presidential candidate and former Arkansas Gov. Asa Hutchinson said there's still "a lot yet to be determined." AdvertisementAdvertisementSo there's a lot yet to be determined and you've got to stick with it, and that's the key to success for me.

Persons: Asa Hutchinson, you've, Hutchinson, —, there's, Donald Trump's, Trump, Donald Trump, haven't, we've Organizations: Arkansas Gov, Trump, Service, GOP, Representatives, Republican, Atlanta Young Republicans Locations: Iowa, New Hampshire, Florida, Texas, Atlanta, United States

☆ A healthcare COO and a travel business founder have found that mobile innovation is changing their work lives for the better
▼ + stars: | 2023-11-03 | by ( Sponsor Post | Created Insider Studios With Samsung | ) www.businessinsider.com time to read: +6 min

The rise in new mobile devices has allowed us to access aspects of our personal healthcare in increasingly simple and flexible ways. AdvertisementAdvertisementOne such business is Qured, a startup that was founded in 2017 in London that offers users access to at-home health screening. That experience really drove my determination to work with innovative tech startups," said Lyz Swanton, Qured's COO. "We are seeing more patients relying on their smartphones to access healthcare," Swanton said. "I am very excited for the future of healthtech and the possibilities of mobile innovation to transform lives," Swanton said.

Persons: —, Lyz Swanton, Qured, Swanton, Samsung Knox, Thomas Christensen, Christensen, campervans Organizations: CDC, Premier League football, Devices, Samsung, Insider Studios Swanton, Samsung Galaxy Locations: London

☆ Living in my truck is helping me make six figures for the first time. It's not for the faint of heart, but I visited 30 states this year.
▼ + stars: | 2023-11-02 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +8 min

AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Rachel Harris, 22, about traveling the US in her camper truck. When I had enough cash, I moved out and started living in my car with my dog. Without living in my car, I would never be in the position that I am now. I definitely work a lot but it's flexible. AdvertisementAdvertisementHow I am living currently is the best quality of life that I've ever had because I'm always outside.

Persons: Rachel Harris, Harris, She's, —, I've, I'm, It's, they've, it's, Fado Organizations: Service, Facebook, YouTube Locations: Instagram, Puerto Rico, Colorado, Baja California, Mexico, Alaska, Oregon

☆ Republicans' plan to fund Israel by cutting IRS spending would cost taxpayers billions and add to the national deficit
▼ + stars: | 2023-11-01 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Republicans proposed giving Israel $14 billion, attached to $14 billion in IRS funding cuts. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementRepublicans want to give Israel $14.3 billion — but only if they can cut the same amount from the IRS. It's insulting that the hard right is openly trying to exploit the crisis in Israel to try and reward the ultra-rich." "Bifurcating Israel security assistance from the other priorities in the national security supplemental will have global consequences."

Persons: —, Mike Johnson's, Joe Biden, Johnson, Ashley Schapitl, Daniel Werfel, Kevin McCarthy, Schapitl, Chuck Schumer Organizations: Israel, Office, Senate Democrats, White, Service, IRS, Palestinian, Hamas, Democrats, Internal Revenue, Republicans, Washington Post, GOP, Senate, White House, Management, OMB Locations: Israel

☆ The US economy is surging – but problems elsewhere could still torpedo profits for big companies like Apple and Tesla
▼ + stars: | 2023-11-01 | by ( Huileng Tan | George Glover | ) www.businessinsider.com time to read: +6 min

The US economy is surging, with growth coming in at a hotter-than-expected 4.9% for the third quarter. But problems elsewhere could still be bad news for big US companies, including Apple and Tesla. China's slowing economy and the war between Israel and Hamas are both potential headwinds, according to analysts. AdvertisementAdvertisementThe China challengeThat's bad news for mega-cap US firms such as Apple and Tesla, which count the Asian nation as a major market. On balance, risks to global growth continue to be skewed to the downside," the International Monetary Fund said in its Global Financial Stability report published last month.

Persons: —, Ukraine — that's, headwinds, Goldman Sachs, GfK, Michael Field, it's, Tom Donilon, Susan Li, Li Organizations: Apple, Service, Nvidia, Intel, Nike, China —, Morningstar Research, stoke, of America, DuPont, Procter, Gamble, International Monetary Fund Locations: Israel, China, Ukraine, Beijing, BlackRock, Iran

☆ Storylines Residential Cruise Faces Backlash From Investors, Ex-Employees
▼ + stars: | 2023-11-01 | by ( Kate Taylor | Brittany Chang | ) www.businessinsider.com time to read: +31 min

Storylines' first cruise ship was initially scheduled to launch in 2019; it's now set for December 2026. Nine former employees, consultants, and investors told Insider that they'd come to doubt the MV Narrative would ever be built. The only existing residential cruise ship is The World. Many Storylines buyers remain optimistic about the residential cruise ship. "The ball is in your court," Punton told buyers in July in a video that's since been taken down.

Persons: Alister Punton, Punton, Shannon Lee, Mike Kasperzak, Jim Holt, Holt, Angela Nuran, Paul Cosentino, Cosentino, We're, Lee, it's, Alexandre Caillol, Condé, superyachts, Sean Fremder, Weeks, Caillol —, —, Marco Polo —, PitchBook, Alexandra Zodian —, Caillol, Michael Edwards, Edwards, he'd, Martin Buggy, Melissa Edyvean, Edyvean, Paul Read, Salvatore R, Mercogliano, Pat Helmers, Helmers, Michael Perisi, Andrew Lentz, didn't, Lentz, Wrocław . Lentz, Andrew, I'm, Lee ., Dick Rosman —, Lee —, Krzysztof Kontek, Kontek's, Michal Jackiewicz, Brodosplit, Brian Martin, Read, Nuran, We've, he's, New Zealand —, Kasperzak, " Lentz Organizations: Punton, Army, West —, Industry, CNN, Brodosplit, Regent Seven Seas, Wall Street Journal, Korea's Samsung Heavy Industries, Utopia, Beverly Hills, Rock City, The Raiders, Raiders, Holland America's, Mariners, New Zealand Locations: massages, Croatian, Beverly, Punton, Queensland, Australia, Broadbeach, California, Rock, Brisbane, Netherlands, Caillol, Polynesia, French Polynesia, France, London, Australian, British, Delaware, Sweden, Tahiti, Perth, Ecuador, Poland, Wrocław, Mexico, Florida, New

☆ The warped financial logic fueling America’s ‘doom loop’
▼ + stars: | 2023-10-31 | by ( Adam Rogers | ) www.businessinsider.com time to read: +11 min

Well, when a landlord doesn't lower the rent to get a new retail tenant, it's because that landlord can't. They're free to renegotiate or refinance the terms of mortgages, given the extraordinary downturn facing retail storefronts. And the future will be full of even higher vacancy rates, higher interest rates, and lower rents. Retail rents have flattened, she says, but the construction of retail space has not. Still, from an urban-planning standpoint, the way we finance retail space makes no sense.

Persons: You've, apocalypses, that's, It's, David Greensfelder, Greensfelder, Banks, what's, —, Larisa Ortiz, Ortiz, Justin Sullivan, Lorenzo Perez, I've, Rachel Meltzer, Kazuko Morgan, Perez, Culdesac, Something's, Meltzer, Adam Rogers Organizations: McKinsey & Company, Verizon, Republics, Harvard Locations: America, Urban, Manhattan, San Francisco, Market, vaya, What's, Phoenix, That's, LA, New York, Wakefield, Tempe , Arizona

☆ Apple just announced 3 new Mac computers with faster M3 processors — here's what you need to know and how to order
▼ + stars: | 2023-10-31 | by ( William Antonelli | John Lynch | Tech Reporter For Insider Reviews | ) www.businessinsider.com time to read: +4 min

Here's a rundown of everything you need to know about Apple's new M3 MacBook Pro and iMac models. AdvertisementAdvertisementComparing the new MacBook Pro modelsThe 14- and 16-inch MacBook Pro models received an upgrade to the M3 chipset. You can buy the 14-inch MacBook Pro with an M3, M3 Pro, or M3 Max; and you can buy the 16-inch MacBook Pro with an M3 Pro or M3 Max. The M3 Pro and M3 Max MacBook Pros are also available in a new color: Space Black. The 14-inch MacBook Pro model starts at $1,599, and the 16-inch MacBook Pro starts at $2,499.

Persons: you'll, Apple It's Organizations: Apple, Mac, Mac Pro, Apple Apple

☆ After a miserable October, the setup for stocks in November is looking better
▼ + stars: | 2023-10-31 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

After a miserable October, the setup for November is looking better. Barring a huge rally Tuesday, October will be the third-consecutive down month for the S & P 500 — that's unusual. 1 month for the S & P 500. It's just that stocks have sold off during earnings season because of the cautious outlook being projected on many earnings calls. The chances the S & P 500 would be down four months in a row is very small.

Persons: —, That's, Nicholas Colas, Colas, JPMorgan's Marko Kolanovic, It's, hasn't, Jonathan Krinsky Locations: DataTrek, Israel, BTIG

☆ Huawei's revenue barely rose in the third quarter, despite phone and car sales growth
▼ + stars: | 2023-10-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

That's despite the company's release of a popular new smartphone in late August and growing sales within its electric car venture. watch nowMore than 1.6 million Mate 60 series devices were sold during the first six weeks of sales, according to Counterpoint Research. The research firm estimated that the majority, about 75%, of units sold were Pro models — that's about 1.2 million units sold. The U.S. company saw smartphone sales fall by 10% in the third quarter from a year ago, while Huawei's sales surged by 37%, Counterpoint Research said Thursday. The company sells its operating system and components, such as for driver-assist tech, to car manufacturers.

Persons: Richard Yu, Aito Organizations: Huawei, Bloomberg, Getty, CNBC, 5G, Research, Apple, Aito's Locations: Nanjing, Shanghai, China, BEIJING, U.S

☆ How 2 successful small-business owners use YouTube for cheap, sustainable, SEO-driven marketing
▼ + stars: | 2023-10-27 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +7 min

Starting a YouTube channel can be a heavy lift but can have big marketing benefits. "My clients joke around that if you have a question, I've probably got a YouTube video on it," Liszewski said. Maximize the SEO benefitsOne of the best ways to grow your YouTube channel — and business — is to tap into its SEO potential. While monetization can be a nice perk (and help offset any costs associated with creating YouTube videos), Liszewski said it shouldn't be the primary goal for business owners using YouTube as a marketing channel. Charon swears by batching her YouTube content creation.

Persons: SBOs, —, Mariah Liszewski, Liszewski, she's, Mariah, Dielle, Charon, she'd, She's, I've, soley, she'll, shouldn't, batching Organizations: Small, Service, Mariah Magazine, YouTube

☆ Mark Zuckerberg says he never expected people to be walking around wearing VR headsets — that's what the Ray Ban glasses are for
▼ + stars: | 2023-10-26 | by ( Nidhi Pandurangi | Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Zuckerberg said a world full of people walking around in VR headsets is "certainly not the future that I'm hoping we get to." Instead, his goal is for the AR glasses to become a smart phone replacement. "That's certainly not the future that I'm hoping we get to," Zuckerberg told neuroscientist and podcast host Andrew Huberman during an episode of Huberman's show that aired on Monday. In the conversation, Zuckerberg said he viewed Meta's new Quest 3 VR headsets as a successor to people's desktop-based workstations. Last year, one former Meta employee told the Verge's Alex Heath that Zuckerberg's ego is intertwined with the glasses.

Persons: Mark Zuckerberg, Priscilla Chan, Andrew Huberman, Zuckerberg, —, that's, That's, he's, Huberman, Meta's, hasn't, Alex Heath, Heath Organizations: Service, company's Connect, Reality Labs, Meta

☆ From Bill Gates to the pope, talk of carbon capture and its efficacy is dividing society
▼ + stars: | 2023-10-25 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +5 min

In this article BP.-GBMSFTBKR Follow your favorite stocks CREATE FREE ACCOUNTThis image from 2016 shows a carbon capture project in Texas. Other processes in the sector include direct air capture, with firms like Climeworks operating in the space. Climeworks, which specializes in direct air capture and storage, has offices in Switzerland and Germany. Its clients include businesses such as Stripe and Microsoft , and the Microsoft Climate Innovation Fund has invested in the company. While carbon capture has its advocates, the technology is divisive and has been questioned by a range of organizations.

Persons: Baker Hughes, Lorenzo Simonelli, Simonelli, Bill Gates, Gates, Bob Dudley, there'll, We've, Dudley, — that's Organizations: Houston Chronicle, hearst Newspapers, Getty, Hearst Newspapers, CNBC, ADIPEC, U.S . Department of Energy, Microsoft, Innovation Fund, BBC, Breakthrough Energy, International Energy Agency, Greenpeace Locations: Texas, Abu Dhabi, United States, Europe, Switzerland, Germany, Kenya, Paris

☆ Jim Cramer tells investors to hold out on buying until after interest rates rise
▼ + stars: | 2023-10-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday told investors they may be wise to hold out on buying until interest rates rise and resulting sell-offs make stocks cheaper. "For now, your best bet is to wait for the next move up in interest rates, which will trigger the next sell-off in stocks — that's when you buy," Cramer said. Cramer suggested there is a "schism" between what certain companies are truly worth versus where their stocks are currently trading. With the exception of GE, Cramer said these companies seemed to be performing poorly but saw rallies after their reports. Cramer said it's not worth the risk of "betting on a beat and raise quarter" that may rely on the performance of S&P 500 futures.

Persons: CNBC's Jim Cramer, Cramer, it's, You've Organizations: Electric, Verizon, GE

☆ At unicorn startup Carta, a culture of absolute fealty to an erratic and vindictive CEO, employees say
▼ + stars: | 2023-10-24 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +17 min

Both men remained valued employees at Carta, with the sales representative even getting promoted just weeks after the alleged "helicopter penis" incident, according to former employees. CEO Henry Ward cofounded Carta, originally called eShares, in 2012 as a service for startups to digitize their paper stock certificates. Today Carta helps startups track their investors, employees manage their equity awards, and venture capitalists administer their funds. The lawsuit says that 10 days after Rogers filed her complaint, Ward "began treating Ms. Rogers in an aggressive and demeaning manner during several meetings." Many of the employees who have spoken out publicly about Carta and Ward have found themselves embroiled in expensive legal battles.

Persons: Lisa Whittaker, Whittaker, Jerry Talton, David Kim, Andrea Lamari, Kim, Henry Ward, Andreessen Horowitz, Ward, Henry, Alex Kurland, Carta, Peter Thiel, Simon Cowell, Talton's, Suzanne Elovic, Elovic, Lamari, Jeff Perry, Perry, salespeople, JT Goodman, Goodman, Goodman didn't, Jeff Perrry, Allie Rogers, Rogers, Rodgers, Rachel Mayes, Ward doesn't, Mayes, Jeff, Jeff Perry countersued, Orrick Herrington, Sutcliffe, Kleiner Perkins, Ellen Pao, Amanda Sheets, Sheets, Pushback, Lindauer, Whitaker, Whittaker wasn't, Barbara Byrne, Byrne, Talton, Joe Osnoss, Osnoss, Heidi Johnson, Johnson Organizations: Carta, UBS, Gold Club, Lightspeed, California Civil Rights Department, Meritech, YouTube, Win, York Stock Exchange, San, San Francisco Superior, San Francisco Superior Court, Barclays, Lehman Brothers, Montana Human Rights Bureau Locations: San Francisco, Brazil, Silicon Valley, California, Palo, Iranian, Lindauer, Silver, Montana

☆ Saving for your child's college education? Here’s how to invest for the next 10 years, according to the pros
▼ + stars: | 2023-10-23 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

Parents thinking of saving for their children's college education in around a decade could be in for some sticker shock. Breaking down the costs U.S. college tuition inflation averaged 12% annually from 2010 to 2022, according to T. Rowe Price, citing research by Education Data Initiative . Even assuming a more modest 5% annual inflation rate, the estimated total college cost could be as high as $383,823, she said. That college tuition bill 10 years from now — taking the $165,000 as a baseline and assuming a 3% normalized inflation rate and tuition inflation of 6% — could hit $295,000, according to Ebright. "It is important to maintain some exposure to growth assets as tuition inflation has traditionally been higher than the broader economy," Shen said.

Persons: Laura Suter, AJ Bell, Rowe Price, Wenting Shen, Shen, Alan Ebright, they're, AJ Bell's Suter, Rowe Price's Shen, Berkshire Hathaway, Suter Organizations: CNBC, AJ, Education Data Initiative, College Board, Check Capital Management, University of California, Securities, Berkshire, Fidelity Emerging Markets, Companies, Fidelity Locations: U.S, Asia, Britain, United States, Berkshire

Parents thinking of saving for their children's college education in around a decade could be in for some sticker shock. In 10 years, tuition fees in the U.S. could soar to over $300,000, thanks to inflation — that's around twice the cost right now, according to estimates from experts CNBC Pro spoke to. Here's the cost breakdown and how to invest, according to those experts. CNBC Pro subscribers can read more here. — Weizhen Tan

Persons: Weizhen Tan Organizations: CNBC Locations: U.S

☆ Why Carlyle is making big private credit investments in Hollywood companies like New Regency and 'South Park' creators' Park County
▼ + stars: | 2023-10-19 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

The investment speaks to Carlyle's underlying thesis in this space, said the managing director, Ben Fund, who sits on the Carlyle Credit Opportunities team. "It is amazing how much people love some of this high-quality content," Fund told Insider, speaking about famous sitcoms or films from recent decades. Streamers also need unique original titles to lure subscribers, but "it's a lot more expensive and risky to create new content than it is to license content," Fund said. Finding strategies to support Hollywood through volatile timesCarlyle's big moves come as private asset managers step up their lending game in Hollywood. For Carlyle, Fund said, this creates opportunity — and he added that such companies often have "real pride" and a "real legacy" to uphold.

Persons: Carlyle, Smith, Ben Fund, Trey Parker, Matt Stone, Arnon Milchan, Yariv, Austin Butler, Jodie Comer, Michael Shannon, it's, we're, hasn't Organizations: Washington DC, New Regency, New, Carlyle Credit, Bloomberg, Hollywood, Fund, Netflix, Content Partners, ICM Partners, CAA Locations: New, Carlyle, Park County, California, Hollywood

☆ The market's largest bond ETF hits 16-year low amid a breathless Treasury sell-off
▼ + stars: | 2023-10-19 | by ( Aruni Soni | ) www.businessinsider.com time to read: +2 min

The biggest bond ETF hit a new low since July 2007 as the bond market meltdown continues. The iShares 20+ Year Treasury Bond ETF (TLT) has shed over 50% since its closing high in 2020. Unlike the conventional bond market, bond ETFs are traded on an exchange, like any other stock. Other bond ETFs like the iShares 1-3 Year and iShares 7-10 Year Treasury Bond ETFs have also been trading lower amid the bond market meltdown. Like any other ETF, one bond ETF can offer exposure to large numbers of bonds, giving investors an opportunity to diversify their portfolio.

Persons: —, Jerome Powell Organizations: Treasury Bond ETF, Bond, Service, Treasury

☆ Israeli soldiers could end up fighting through an 'underground nightmare' in an invasion of Gaza, home to Hamas' infamous 'metro' of tunnels
▼ + stars: | 2023-10-19 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

Hamas' infamous network of tunnels await Israeli forces should they invade the Gaza Strip. A former US Army infantry soldier said Hamas can use tunnels for defensive and offensive maneuvers, challenging an invading force. Photo by Yousef Masoud/SOPA Images/LightRocket via Getty ImagesMuch of the tunnel network is narrow, and some portions have been discovered to be over 200 feet deep. AdvertisementAdvertisementOffensively, the tunnels give Hamas the ability to conduct surprise attacks on IDF forces, Spencer said. The tunnel issue, of course, is not the only challenge that Israeli soldiers will face in an invasion of Gaza.

Persons: —, John Spencer, Din, Yousef Masoud, Scott Peterson, Spencer, Ashraf Amra, it's, — that's Organizations: US, Service, Israel Defense Forces, West, Institute, IDF, Hamas, Getty, Israel, US Marines, Cu Chi, American, Islamic, Ordnance Air, ISIS, Combat Engineering Corps, Unit, Al, Quds Brigades, Islamic Jihad Movement, Anadolu Agency, United Nations Locations: Gaza, Israel, Egypt, Iwo Jima, Vietnam, Cu, Islamic State, Iraq, Afghanistan, Quds, Israeli, Gaza City

☆ UK official on need for international cooperation in cybersecurity
▼ + stars: | 2023-10-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCyberspace has no boundaries — that's why global cooperation on security is crucial: UK officialLucy Neville-Rolfe, U.K. minister of state at the Cabinet Office, discusses the importance of international cooperation in cybersecurity and the shortage of cybersecurity professionals.

Persons: Lucy Neville, Rolfe Organizations: Cabinet Locations: cybersecurity

☆ Trump fraud-trial fireworks: 'You lied yesterday!' defense lawyer shouts while grilling an AG witness
▼ + stars: | 2023-10-18 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

A Trump attorney shouted, "You lied yesterday," while cross-examining a key state's witness. a lawyer for Trump's side shouted at the witness, prompting five minutes of sometimes shouted cross-accusations of perjury, witness intimidation, and showboating for the press. "Let's calm down," the judge told both sides after asking that the witness — Doug Larson, a former outside Trump Organization appraiser — be escorted out. A lawyer for Attorney General Letitia James of New York objected, without naming Trump, to the "exhortations" coming from the defense table. Soon enough — this time with the testimony highlighted on an overhead screen — the emails-waving Trump lawyer was back shouting, "You lied yesterday, Mr.

Persons: Trump's, Trump, —, Donald Trump's, Doug Larson, hadn't, who's, audibly, Letitia James of, Arthur Engoron, Lazaro Fields, Larson, Fields, Jeffrey McConney, McConney, Christopher Kise, Kise, Colleen K, Faherty, Kevin Wallace, Wallace, they're, I'm, perjured, Let's Organizations: Service, Trump Organization, Trump, New, Wakefield, St Locations: York, Trump, Manhattan

Political Cartoons View All 1211 Images“Until we get more Black women into clinical trials, we can’t change the science. Black women are 40% more likely to die from breast cancer than white women and tend to be diagnosed younger. As recruiting continues, enrolling Black women and other women of color will “absolutely” continue as a priority, Pisano said. At the U.S. study sites, 21% of study participants are Black women — that's higher than a typical cancer treatment study, in which 9% of participants are Black, McCaskill-Stevens said. Her sister recently completed treatment for triple negative breast cancer, an aggressive type that affects Black women at higher rates than white women.

Persons: —, Carole Stovall, ” Stovall, ”, Ricki Fairley, Worta McCaskill, Stevens, McCaskill, there’s, Etta Pisano, Pisano, Cherie Kuzmiak, Stovall, Lucile Adams, Campbell, “, ” Pisano Organizations: Washington , D.C, National Cancer Institute, NCI, University of North, UNC, D.C, Georgetown University, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Washington ,, Canada, South Korea, Peru, Argentina, Italy, U.S, Thailand, University of North Carolina, North Carolina, Washington

☆ Check out the giant ship critical to building the world's biggest offshore wind farm
▼ + stars: | 2023-10-16 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +5 min

As wind turbines get bigger, the vessels that install them are having to change, too. VCG | Visual China Group | Getty ImagesA project to build a facility described as "the world's largest offshore wind farm" took a big step forward this month by producing its first power. The sea in the Dogger Bank Offshore Development Zone is up to 63 meters deep, meaning the Voltaire's ability to work in deeper waters is crucial. "Off the Scottish coast, for example, expensive floating windfarms are often the only way to tap into offshore wind," he said. Søren Lassen is head of offshore wind research at Wood Mackenzie, a research and consultancy group.

Persons: De Nul Group's, GE Vernova's, Voltaire —, De, —, Jan De Nul Group's Voltaire, Voltaire, Jan De Nul, Jan De Nul's Rutger Standaert, Standaert, Søren Lassen, Wood Mackenzie, Lassen, David L, Ryan, Wood Mackenzie's Lassen Organizations: Visual China, Getty, Dogger Bank Wind, GE, Dogger Bank, Dogger Bank Offshore Development, COSCO Shipping Shipyard, CNBC, Boston Globe, GE Offshore, Blades, U.S Locations: China, North, Golden, Dogger, U.S

☆ Bill Ackman's misguided Harvard crusade
▼ + stars: | 2023-10-13 | by ( Linette Lopez | ) www.businessinsider.com time to read: +6 min

"The names of the signatories should be made public," Ackman fumed, "so their views are publicly known." Look, it's classic Wall Street to complain about the younger generation being a bunch of good-for-nothing freaks. It's also classic Wall Street to throw money around as a way to exercise power over institutions, forcing rivals you dislike to bend the knee. In his initial post, Ackman said that "a number of CEOs" shared his desire to publicly out the Harvard students. AdvertisementAdvertisementOn Wall Street, Ackman is known as the king of uninformed, unnecessary, and seemingly unlimited tweets — a breathtaking achievement in an industry full of workaholic, screen-addicted information junkies.

Persons: Bill Ackman, —, Ackman, Larry Summers, Joe McCarthy, Mark Rowan, It's, it's, he's, JC Penney, Michael Pearson, Herbalife, Sam Bankman, Pershing, Linette Lopez Organizations: Pershing, Capital Management, Harvard, Wall, Treasury, Apollo Global Management, University of Pennsylvania, JC, isn't Locations: Israel, Canadian, Washington, Palestine

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