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☆ Jim Cramer’s guide to investing: How to start picking individual stocks
▼ + stars: | 2024-03-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer advised beginner investors on how to successfully begin picking individual stocks. Stock picking is not simple and requires substantial research, he said, stressing that it's essential not to shoot blindly. Go small, invest in what you know, research intensely," Cramer said. So, he poured through stock research magazines, reading any information about oil stocks he could find. He compared individual stock picking to horse betting, saying investors shouldn't bet "willy-nilly on every horse in each race," but search for thoroughbreds and try to bet big on instances where a payoff seems likely.

Persons: CNBC's Jim Cramer, Cramer, shouldn't, willy, nilly

☆ They met in culinary school and renovated a $444,000 public housing apartment together. The kitchen was the heart of the project.
▼ + stars: | 2024-03-11 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

Colin Yong, who works in the food and beverage industry, lives in a cozy, five-room public housing apartment in Singapore with his wife. But she wasn't always keen on it because she preferred a new house," Yong said. But my wife wanted more shelving and everything, so we learned to meet in the middle." Amanda Goh/Business InsiderWarm, dim lights create a soothing atmosphere that puts people at ease. Amanda Goh/Business InsiderNot settling for lessThe couple has one tip for other first-time homeowners: Don't settle for less.

Persons: Colin Yong, —, It's, homeownership, Yong, they're, Eddy Kur, Amanda Goh, I've, wasn't Organizations: Service, Housing, Development Board, BTO, Amazon Locations: Singapore, Hougang, Amazon Germany

☆ 'Barbie' + 'Oppenheimer' = not great Oscars ratings
▼ + stars: | 2024-03-11 | by ( Peter Kafka | ) www.businessinsider.com time to read: +2 min

AdvertisementTheir last big hope: That if the awards featured big movies people have seen or at least heard of, audiences might return. That was supposed to happen this year, when monster hits "Barbie" and "Oppenheimer" were both up for multiple awards, including Best Picture. And the producers for ABC's broadcast smartly leaned into it, by doing things like bringing in "Barbie" nominee Ryan Gosling to sing and dance, to general acclaim. On the other hand: That means this year's telecast still drew considerably less than the 23.6 million viewers who watched the 2020 show, which didn't have anything like "Barbie" or "Oppenheimer," box-office-wise. Back then, a couple of the Best Picture nominees were ones regular folks may have seen in theaters, including "Ford V. Ferrari" and "Joker."

Persons: Oppenheimer, Barbie, Ryan Gosling, Ford, Ferrari, Oscar, hasn't, COVID, we're Organizations: Hollywood, ABC

He was elegant at the Oscars in a custom Louis Vuitton double-breasted tuxedo with crystal buttons and gold-tipped cowboy boots. There was her black 3D molded custom Louis Vuitton petal dress for the Emmys. He mixed patterns in a red Vuitton evening jacket and trouser set for the Golden Globes. She picked up a supporting actress Oscar in a custom Louis Vuitton gown in pale blue with oversize, fringed sleeves. At the Golden Globes, his sling came with nail art that spelled “ouchy,” the best accessory of the night.

Persons: Margot Robbie, Jeremy Allen White, Danielle Brooks, Christian Siriano, Zendaya, Timothée Chalamet, COLMAN DOMINGO, Valentino Haute Couture, Louis Vuitton, “ Rustin ”, Domingo, LILY GLADSTONE, ”, Valentino, Lenise Omeasoo, Joe Big, CILLIAN MURPHY, Oppenheimer, Saint Laurent, he's, Barbie, AYO, BARRY KEOGHAN, Keoghan, Tiffany, DA'VINE JOY RANDOLPH, Valdrin Sahiti, Randolph wowed, Robert Wun, Randolph, Oscar, PEDRO PASCAL, “ ouchy, GRETA LEE, Loewe, Loewe's Jonathan Anderson Organizations: Screen, British Vogue, Golden Globes, Hollywood, Burberry, Givenchy, British Film, Bottega Locations: Hollywood, British, Bottega Veneta

☆ China's BYD is the world's biggest electric car maker — but it's not coming to America anytime soon
▼ + stars: | 2024-03-09 | by ( George Glover | ) www.businessinsider.com time to read: +6 min

Read previewJapanese and Korean carmakers cracked the US market long ago — but don't expect Chinese EV seller BYD to repeat that feat. Advertisement"It'd be very difficult for a Chinese EV maker to enter the US market," Seth Goldstein, an equity strategist at Morningstar, told Business Insider. The bill, a key part of US President Joe Biden's economic agenda, offers tax credits worth up to $7,500 for EV makers, excluding any "Foreign Entity of Concern." BYD isn't the only company turning its back on the US EV market. Given that EV sales growth is stalling in US, it's perhaps little wonder companies like BYD are not too bothered.

Persons: —, There's, Tesla, We're, Stella Li, BYD, Seth Goldstein, I'm, Suzuki, Jim Farley, Will Roberts, Goldstein, Roberts, Joe Biden's, Joe Biden, Demetrius Freeman, Rho Motion's Roberts, you'd, Li, carmakers Organizations: Service, Yahoo Finance, Business, Morningstar, Toyota, Motors, Nissan, Mazda, Lexus, Honda, Mitsubishi, Korea's Hyundai, Kia, North, Ford, EV, Rho, Energy, Treasury, Washington Post, Cox Automotive, Apple Locations: Korean, North America, —, China, North American, Russia, Iran, North Korea, Brazil, Thailand, Americas, Asia, South America

☆ If you have high expectations of yourself and feel the need to people-please, you may have eldest daughter syndrome
▼ + stars: | 2024-03-09 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

If that sounds familiar, you might have eldest daughter syndrome. Eldest daughter syndrome isn't a diagnosable condition, but rather the behaviors, thought patterns, and priorities that can arise from being what's known as "parentified" as a child. People experiencing eldest daughter syndrome disproportionately tend to be women from low-income families and families from the global majority who might have more culturally-imposed expectations of daughters, she said. Capleton shared the signs you could be experiencing eldest daughter syndrome, whether you're the firstborn daughter or not. Feeling the need to take responsibility for everyone elseOne of the biggest signs of eldest daughter syndrome is taking on a lot of responsibility from a young age.

Persons: Paris, Yang Hu, Capleton, what's, — Organizations: Service, Cambridgeshire, Foundation Trust, Business, Lancaster University Locations: Peterborough

☆ I've been a tour guide in Rome for 16 years. Here are 9 of the biggest mistakes tourists make.
▼ + stars: | 2024-03-09 | by ( Sarah May Grunwald | ) www.businessinsider.com time to read: +5 min

Read previewMy husband and I have 25 and 16 years, respectively, of guiding experience in Rome. As we say in Rome, "Roma, non basta una vita" ("In Rome, a lifetime is not enough"). One of my favorite websites for up-to-date advice for travelers planning trips to Rome is Rome Wise. Italian food is seasonal. I recommend following advice from the local food experts at Casa Mia.

Persons: —, He's, we've, Kirk Fisher, it's, Trevi, doesn't, It's, Vasilii, Rome Wise Organizations: Service, Business, Chapel, Galleria Nazionale d'Arte Moderna, Rome, Roman, Casa Locations: Rome, Italy, Ostia

☆ Revisit the Tom Hanks Oscars acceptance speech that Spielberg called ‘incredible’
▼ + stars: | 2024-03-09 | by ( Leah Asmelash | ) edition.cnn.com time to read: +4 min

His acceptance speech quickly went down in history as one of the most memorable and moving in Oscar history. As we gear up for the 96th Academy Awards on Sunday, here’s a look back at Hanks’ groundbreaking acceptance speech, 30 years later. The speechIt starts out like any other speech, with Hanks thanking his wife Rita Wilson, as well as the film’s cast and crew — including co-stars Antonio Banderas and Denzel Washington. And God bless America.”Tom Hanks winning an Oscar for "Philadelphia" | 66th Oscars (1994)Hanks was speaking of the lives lost to AIDS. His casting wouldn’t have worked today, Hanks saysMemorable Oscars speech aside, “Philadelphia” has been criticized for its casting of a straight actor as a gay man.

Persons: Tom Hanks, — Hanks, ”, Hanks, Rita Wilson, Antonio Banderas, Denzel, Rawley Farnsworth, John Gilkerson —, “, ” Hanks, ” Tom Hanks, he’d, Philadelphia ”, Steven Spielberg, Philadelphia ’, Farnsworth, I’ve, ’, I’d, wouldn’t Organizations: CNN, AIDS, Philadelphia, New York Times, People Magazine, Academy Locations: Hollywood, “ Philadelphia, Denzel Washington, Philadelphia, Independence

9 to 0 — I’m going to say that again — 9 to 0, ruled that states can’t keep Donald Trump off their ballots. It’s how — Trump has said to his loyalists, I am your retribution, so maybe we should just look at this as a blueprint for retribution. He’s going to end up — when he gives his big convention speech, he’s going to end up making promises on economic policy, domestic policy, and so on. ross douthatSo here’s why I’m sort of — Carlos, especially to your point — like, trying to focus us on the sharpest possible conflicts. But if most of the country’s political and emotional energy is instead focused on Trump himself, rather than real, actual debates, then I think Trump is winning, period, and the country is losing.

Persons: carlos lozada, polgreen Wow, ross douthat, lydia polgreen, Kiefer Sutherland, carlos lozada Totally, michelle cottle Perfect, lydia polgreen You’re, Kiefer, I’m Ross Douthat, michelle cottle I’m Michelle Cottle, carlos lozada I’m Carlos Lozada, Lydia Polgreen, michelle cottle Chin, Biden, lydia polgreen It’s, —, can’t, Donald Trump, Grover Cleveland, michelle cottle, Jesus, Donald Trump’s, Carlos Lozada, it’s, Carlos, ross, carlos lozada You, “, Trump, Nikki Haley, carlos lozada Yes, He’s, United States — carlos lozada, carlos lozada Harold Meyerson, ”, Harold — carlos lozada —, michelle cottle —, — Trump, Trumpism, lydia polgreen Trump, carlos lozada —, part’s, michelle cottle You’re, Lydia, let’s, Michelle, — ross douthat Michelle, michelle cottle Oh, Hillary Clinton, — ross, lydia polgreen Get, michelle cottle Mexico’s, Mike Shear, Julie Davis’s, ” ross douthat, carlos lozada Michelle, michelle cottle I’m, George Floyd, I’m — ross, polgreen, I’m, — michelle cottle, he’s, lydia polgreen I’m, Dobbs, ross douthat Carlos, we’ve, unquote, carlos lozada Well, carlos lozada He’s, — carlos lozada Boo, Matt Iglesias, That’ll, that’ll, Peter Navarro, doesn’t, there’ll, lydia polgreen There’ll, carlos lozada Ross, there’s, ” michelle cottle, lydia polgreen Couldn’t, John Roberts, Peter Baker, Susan Glasser’s, Maggie Haberman’s, — michelle cottle Beat, ross douthat —, It’s, Asli Aydintasbas, she’s, Ross, Viktor Orbán, Joe Biden, ideologues, ross douthat Lydia, — carlos lozada, ross douthat Go, nope — ross, Miley Cyrus, it’s Truman, I’ve, lydia polgreen There’s, Bilbo, Martin Freeman, michelle cottle Big, michelle cottle Carlos, We’ve, carlos lozada You’re, We’ll, lydia polgreen Bye Organizations: New York, Republican, New York Times, Siena College, Trump, Heritage Foundation, Leadership, GOP, Republicans, HHS, Department of Health, Human Services, Department of Life, CDC, Department of Justice, Justice Department, National Guard, of Homeland Security, Democrats, Politico, America, United States Constitution, Swans, East, Brooklyn, Northwest Missouri State University, carlos lozada Business Locations: New, America, Douthat, ”, Washington, United States, lydia polgreen Get Mexico, Francisco, China, Turkish, Turkey, Manhattan, Brooklyn

☆ Opinion: Biden gave the speech of his life
▼ + stars: | 2024-03-08 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +29 min

CNN —CNN Opinion asked political and policy contributors to weigh in on President Joe Biden’s State of the Union address. David Gergen: Biden just rewrote the presidential racePresident Joe Biden not only delivered perhaps the best speech of his life last night; he may have also changed the race itself. Roxanne Jones: Biden finally sounds like he’s ready to fightPresident Joe Biden finally has my attention. At the end of his speech, Biden reminded voters that he “grew up among working people” in Scranton. In his State of the Union speech, Biden had to answer the mail on all of these.

Persons: Joe Biden’s, David Gergen, Biden, Joe Biden, —, Carrie Sheffield, Carrie Sheffield Barry Morgenstein, Donald Trump’s, pandered, Sophia A, Nelson, Trump, Sen, Andrew, ”, Donald Trump, Harris, Daniel McCarthy, Trump President Joe Biden, Daniel McCarthy Biden, Ronald Reagan, Bill Clinton, wasn’t, he’s, haven’t, Cori Bush, Rashida Tlaib, Bernie Sanders, Nikki Haley, Trump couldn’t, Reagan, Roxanne Jones, ” Biden, Smart, Jill Filipovic, Mike Johnson, David A, Vladimir Putin, Putin, ” David A, Benjamin Netanyahu, “, SubStack’s, Paul Sracic, It’s, White, Paul Sracic Arne Hoel It’s, Hillary Clinton, Joe, ” Paul Sracic, Raul A, Reyes, ” Raul A, Marjorie Taylor Greene’s, Laken Riley, Mark Zandi, Mark Zandi Moody's, Ana Marie Cox, Ana Marie Cox Faith Fonseca, Biden’s, Dobbs, Roe, Wade, Peter Bergen, George W, Bush, Vladimir Putin’s, –, beefed, Gazans Organizations: CNN, David Gergen CNN, Union, Harvard Kennedy School, Gallup, NATO, Democratic, Republicans, Trump, Independent Women’s, United States Senate, Biden, Congressional, Trump President, South Carolina Gov, GOP, Republican, Conservative, The Spectator, Syndicate, Big Pharma, Companies, American, Democrats, Twitter, NATO —, Israel, New York Times, CBS News, Democratic Party, United Auto Workers, Youngstown State University, Hudson Institute, Reyes CNN, Border Patrol, Georgia, ” Progressives, Pew Research Center, White, USA, Moody’s Analytics, Ana Marie Cox Faith, Jackson, Peter Bergen CNN, US Senate, New, Arizona State University Locations: Joe Biden’s State, America, United States, State, Gaza, Israel, New York, Ukraine, ”, American, China, Iran, Europe, Asia, Chicago, Scranton , Pennsylvania, Belvidere , Illinois, Scranton, Claymont , Delaware, Delaware, Ohio, Washington , DC, Georgia, Alabama, Austin, Iraq, New America

☆ The stock level when the parabolic Nvidia rally may finally cool off and how to trade it
▼ + stars: | 2024-03-08 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

The magnitude of Nvidia's run is simply mind boggling, with the stock adding $1 trillion in market value in about two months. Trying to short this parabolic stock is what we used to call in the trading pits of Chicago, a "widowmaker." However, I believe that once Nvidia (NVDA) hits $1,000 it might actually be due to take a breather. Overbought territory Typically, an investor will buy a put if they think a stock is overbought or are concerned it will fall. That being said, Nvidia was trading at the same RSI level of 86 in early February while trading at $693, nearly $300 ago.

Persons: NVDA, Long Organizations: Nvidia, Apple, Microsoft Locations: Chicago, Downside

A longtime Democratic stronghold and home to the city of Atlanta, Fulton County will present an uphill challenge for Kramer, a vocal Trump supporter. I’m very passionate about making sure the citizens of Fulton County feel confident in their DA,” he added. He lost the primary to Willis and former District Attorney Paul Howard, whom he later endorsed in a runoff. Asked if he believes that Willis has the support of Fulton County after her testimony, Dickens told CNN: “Yes. In that case, like she’s attempting to do with Trump and his allies, Willis used the racketeering statute as a tool to build a broad conspiracy case.

Persons: Fani Willis, Donald Trump, Christian Wise Smith, Willis, Courtney Kramer, Kramer, Trump, Joe Biden, Nathan Wade, Wise Smith, “, ”, Smith, Paul Howard, Atlanta Mayor Andre Dickens, Dickens, Willis ’, it’s, It’s Donald Trump, ” Dickens, Atlanta Mayor Shirley Franklin, Charlie Bailey, Reginald Jackson, Gerald Griggs, Griggs, “ I’m, ” Willis, Young Thug Organizations: CNN, Fulton, White, Trump, Democratic, DA, Georgia Democrats, Atlanta Mayor, Democrat, City Hall, AME, Georgia NAACP Locations: Fulton County, Georgia, Atlanta, of Atlanta

☆ Paul Ryan: Trump would be 'wise' to listen to Haley about appealing to traditional conservatives
▼ + stars: | 2024-03-06 | 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 EmailPaul Ryan: Trump would be 'wise' to listen to Haley about appealing to traditional conservativesFormer House Speaker Paul Ryan joins 'Squawk Box' to discuss the state of the 2024 race, what's next for Republican presidential candidate Nikki Haley, what to make of a Biden-Trump rematch, and more.

Persons: Paul Ryan, Trump, Haley, what's, Nikki Haley Organizations: Former, Republican, Biden, Trump

☆ Premarket stocks: Fed Chair Powell is about to get grilled by Congress. Here’s what markets want to hear
▼ + stars: | 2024-03-06 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Fed Chair Jerome Powell has a chance to provide more insight when he testifies before Congress on Wednesday and Thursday. Those reports pushed back market bets on when the Fed will start cutting interest rates. Investors will closely listen for any hints from Powell about what the Fed is looking for, data-wise, before it begins to lower interest rates. Powell will also be asked about the economic pain Americans are feeling as a result of elevated inflation and interest rates. When interest rates fall, holding income-paying assets (like bonds) becomes less appealing than owning the precious metal.

Persons: Jerome Powell, there’s, ”, Powell, —, Emanuel Cleaver, Dave Sekera, Claudia Sahm, ” Powell, Krystal Hur, Samantha Murphy Kelly, “, ” Mengmeng Zhang Organizations: CNN Business, Bell, New York CNN, Federal, Investors, Missouri Democrat, Politico, Morningstar, Morningstar . New York Community Bank, Fitch, Moody’s Investors Service, Federal Reserve, Costco, Apple, Counterpoint Research, Huawei, Counterpoint Locations: New York, Missouri, Morningstar ., China

☆ Will Nikkei's record-breaking rally sustain even as Japan's economy sputters?
▼ + stars: | 2024-03-05 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

Fuji and Tokyo skyline Jackyenjoyphotography | Moment | Getty ImagesJapan's Nikkei stock index has been on a record-breaking spree on the back of robust earnings and investor-friendly measures. But the country's ailing economy has experts divided over this sustainability of this rally. Japan's corporate governance reforms have been a key driver for the country's stock markets, Momma said, while stressing that stock indexes do not necessarily represent the entire economy that includes SMEs and households. SMEs are a critical lever in the Japanese economy, accounting for 70% of national employment and 50% of the country's economic growth. "Spillover from the global boom of AI-related stocks certainly helped Nikkei," Momma said.

Persons: Kazuo Momma, Momma, Sayuri Shirai, pare, Shirai, Phillip Colmar MRB Organizations: Nikkei, Mizuho Research, CNBC, Bank of Japan, Nvidia, Technology, Stock, Keio University, Bank of America, Phillip Colmar MRB Partners Locations: Fuji, Tokyo, Germany, Japan, U.S, China

☆ These other crypto trades are having big years as bitcoin hits a record high
▼ + stars: | 2024-03-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

Start with the arrival of bitcoin exchange traded funds, which is often pointed to as one of the sparks of the crypto rebound. IBIT 1M mountain Bitcoin ETFs, like iShares' IBIT, have surged over the past month as the cryptocurrency has raced to a new record high. MSTR 1M mountain Shares of Microstrategy are outperforming bitcoin over the past month. Stock Chart Icon Stock chart icon Bitcoin ETFs, like iShares' IBIT, have surged over the past month as the cryptocurrency has raced to a new record high. Stock Chart Icon Stock chart icon Shares of Microstrategy are outperforming bitcoin over the past month.

Persons: Kenneth Worthington, It's, cryptocurrencies Organizations: Fidelity, Bitcoin, JPMorgan, Marathon, Getty

☆ MrBeast has grown up. He thinks his YouTube videos should too.
▼ + stars: | 2024-03-04 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

In his latest post on X, the YouTube megastar said wants to leave frantic, energetic personas in his videos behind. "This past year I've slowed down our videos, focused on storytelling, let scenes breathe, yelled less, more personality, longer videos, etc. The formula for YouTube successMrBeast, whose real name is Jimmy Donaldson, has 242 million subscribers on YouTube, and his numbers are still growing rapidly. In his videos, Donaldson shreds Lamborghinis, gives away massive amounts of cash, and performs ambitious, over-the-top stunts like recreating the Netflix phenomenon "Squid Game." This past year i’ve slowed down our videos, focused on story telling, let scenes breathe, yelled less, more personality, longer videos, etc.

Persons: —, YouTube megastar, Jimmy Donaldson, he's, Donaldson, He's, ince, lew, alkan Organizations: Service, YouTube, Business, uts, ust

☆ '2024 will be the year of the zombie VC reckoning.' The first wave of walking-dead venture firms is here and it's already causing headaches for tech founders.
▼ + stars: | 2024-03-04 | by ( Ben Bergman | ) www.businessinsider.com time to read: +10 min

Unlike other businesses, venture firms do not suddenly go out of business. Limited partners such as pensions and endowments that fund venture firms have been choosier, cutting off capital to firms that have not generated acceptable returns. Why it is so difficult to spot a dying fundOpenView Venture Partners announced in December that it was suspending new investments and laying off staff. In a written statement, he later explained that Sinai Ventures has been rebranded to Sinai Capital Partners. Do you know of a venture firm no longer actively investing?

Persons: VCs, Anna Barber, they'll, they're, Roy Bahat, Brian Brackeen, Brackeen, they're reallocating, Beezer Clarkson, Clarkson, Jake Saper, Bahat, Jordan Fudge, Zachary White, Carlos Adame —, Fudge, We're, Paul Weinstein, Weinstein, Ryan Swager, Brandon Zeuner, Alsop Louie, Alsop Louie Partners, Gilman Louie, Stewart Alsop, Jason Preston, Tyler Peterson, Mike Morgan, Robert Patterson, DEFTA, George Hara, Martin Gedalin, Kevin Ober, Divergent's, Hone, Ben Bergman Organizations: Business, Bloomberg Beta, Lightship Capital, Sapphire Partners, BI, Venture Partners, Foundry Group, Sinai Ventures, Sinai Capital Partners, Capital, San, Alsop Louie Partners, Partners, Ventures Peninsula Ventures, LinkedIn Locations: Los Angeles, San Francisco, Alto , California, San Mateo , California, Lumia, Seattle, bbergman@insider.com

☆ Woman Could Have Prevented Great Recession; Ignored by Wall Street Men
▼ + stars: | 2024-03-04 | by ( Josie Cox | ) www.businessinsider.com time to read: +21 min

The story of Brooksley Born is not only the tale of a remarkable regulator whose Cassandra-like warnings — if heeded — could've prevented the great financial crisis from exploding into raging, ruinous enormity. Not long after she assumed chairmanship of the CFTC, Born started to feel a lingering unease with the rapidly expanding derivatives market. So to Rubin, Born was more of an inconvenience than anything, and she certainly wasn't in his club. Not long after, Treasury officials lobbied Congress to pass legislation preventing the CFTC from being able to regulate the OTC derivatives market. In the months and years that followed, it became increasingly hard to deny that the multi-trillion-dollar OTC derivatives market was the root cause of the great financial crisis.

Persons: Lehman Brothers, jolting, — could've, It's, Potter Stewart, Henry Edgerton, Porter, she'd, Bill Clinton, Clinton, Janet Reno, Brooksley, Michael Greenberger, Born, Gibson, weren't, Robert Rubin, Goldman Sachs, Rubin, Michael Hirsh, Alan Greenspan, Greenspan, Ayn Rand, Hirsh ., Hirsh, Greenspan didn't, braggadocian machismo, lauding Rubin, Lawrence Summers, Arthur Levitt, Josie Cox, Levitt, Summers, Jim Leach, Richard Lugar, —, Bethany McLean, Joe Nocera, Bob Rubin, Born's Cassandra, George W, Bush, Lauren Rivera, Christine Lagarde, Lehman, ABRAMS Organizations: Stanford University, Stanford Law School, Stanford, Appeals, District of Columbia Circuit, Arnold, Futures Trading Commission, American, CFTC, Bankers Trust, Procter, Gamble, Sumitomo, Federal Reserve, Fed, Securities and Exchange Commission, Financial Markets, Abrams, Term Capital Management, Enron, SEC, Born, Northwestern's Kellogg School of Management, Financial, International Monetary Fund, Lehman Brothers, Reuters, Street, The Washington Post, Guardian, Abrams Press Locations: California, Vietnam, United States, Washington, America, ABRAMS , New York

☆ Why Australia keeps an arm’s length from South China Sea tensions, even as it draws closer with the Philippines
▼ + stars: | 2024-03-04 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +8 min

CNN —When Philippine President Ferdinand Marcos Jr. addressed the Australian Parliament last week there was no mistaking the fighting talk. The Philippines accused China's coast guard of setting up the barrier at the mouth of the disputed fishing ground. That meeting will also be attended by several other nations with territorial disagreements with China – including Vietnam, Brunei and Malaysia. Collin Koh, research fellow at the S. Rajaratnam School of International Studies in Singapore, said Australia was unlikely to back any tough language at the summit pertaining to the South China Sea or any other hot-button issue. As Bisley put it, “We don’t like what China does, but we’re not going to put ourselves in harm’s way.”

Persons: Ferdinand Marcos Jr, ”, Marcos, Rodrigo Duterte, –, Thomas Shoal, David, China’s, Marcos ’, China –, Scott Morrison, Collin Koh, Penny Wong annouced, Anthony Albanese, Albanese, Lukas Coch, Susannah Patton, it’s, ” Patton, China’s aggressions, Wang Wenbin, Nick Bisley, Bisley, we’re Organizations: CNN, Maxar, Association of Southeast Asian Nations, ASEAN, China, Rajaratnam, of International Studies, Australia, Australian, Partners, Reuters, South China, Southeast Asia, Lowy Institute, China’s Ministry of Foreign Affairs, La Trobe University Locations: Philippines, China, South China, Manila, China’s, Philippine, Scarborough, Scarborough Shoal, Hague, United States, Canberra, Australia, Melbourne, Vietnam, Brunei, Malaysia, Beijing, Singapore, South, Penny Wong annouced Canberra, Southeast Asia, Japan, India

☆ Taylor Swift is making Singapore a mountain of money, and some of the country's neighbors are salty about it
▼ + stars: | 2024-03-04 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

Edwin Tong, Singapore's culture minister, told local outlet Mothership on February 28 that the amount of grant given "is not what is being speculated online." As Tong, the Singapore culture minister, told Mothership, the city-state is looking "beyond just the economic impact" of Swiftonimics. Economists estimate that Swift's concerts in Singapore could contribute up to 500 million Singapore dollars, or $372 million, in tourist receipts. AdvertisementIt's a different story for spending on experiences — and it's heightened because Singapore is Swift's only stop in Southeast Asia. Mann said the people who have money to pay for flight tickets, Swift's concert tickets, and a hotel are likely to keep spending at other tourist spots.

Persons: —, Taylor Swift, Srettha, Edwin Tong, Swift, it's, Yun Liu, Tong, Kevin Cheong, David Mann, Mann, Coldplay, Si Ying Toh, Cheong, Joey Salceda, Sandiaga Salahuddin Uno Organizations: Service, Business, HSBC, Asia Pacific, Mastercard, Nomura, Philippine Star, Bloomberg, Vegas Locations: Singapore, Southeast Asia, British, Thailand, Bangkok, Indonesia, Sands

☆ '2024 will be the year of the zombie VC reckoning.' The first wave of dying venture firms is here and it's already causing headaches for tech founders.
▼ + stars: | 2024-03-04 | by ( Ben Bergman | ) www.businessinsider.com time to read: +10 min

AdvertisementUnlike other businesses, venture firms do not suddenly go out of business. Why it is so difficult to spot a dying fundOpenView Venture Partners announced in December it was suspending new investments and laying off staff. With the help of Pitchbook, BI looked through data for hundreds of venture firms. Hinge last raised a $19 million fund in 2021 but has not made an investment since November 2022, according to Pitchbook. Do you know of a venture firm no longer actively investing?

Persons: —, VCs, Anna Barber, they'll, they're, Roy Bahat, Brian Brackeen, they're reallocating, Beezer Clarkson, Clarkson, Jake Saper, Bahat, Jordan Fudge, Zachary White, Carlos Adame, Fudge, We're, Paul Weinstein, Weinstein, Cofounders Ryan Swager, Brandon Zeuner, Louie, Alsop Louie Partners, Partners Gilman Louie, Stewart Alsop, Jason Preston, Partners Tyler Peterson, Mike Morgan, Robert Patterson, DEFTA, George Hara, Martin Gedalin, Kevin Ober, Hone, Ben Bergman Organizations: Service, Business, Bloomberg Beta, Lightship, Sapphire Partners, BI, Sapphire Ventures, Venture Partners, Foundry Group, Sinai Ventures, Sinai Capital Partners, Capital, San, Louie Partners, Partners, Ventures Peninsula Ventures, LinkedIn Locations: Los Angeles, San Francisco, San Mateo , California, Seattle, Alto, bbergman@insider.com

☆ A big fine in Europe adds to Apple's 2024 woes. What it will take to get back on track
▼ + stars: | 2024-03-04 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

Apple shares tumbled on Monday after European regulators hit the tech giant with a big antitrust fine over music streaming. The European Commission dished out a $1.95 billion fine — claiming Apple violated competition laws in the music streaming market. Apple and Spotify have rival audio streaming services. "New AI services should compel users to upgrade iPhones, driving a Supercycle in 2025," the analysts said in a note to clients Monday. Melius also sees upside to Apple Services due to AI-infused software features.

Persons: —, Jim Cramer, Jim, Tim Cook, Apple, we're, Melius, Jim Cramer's, Scott Eells Organizations: Apple, European, European Union, Spotify, European Commission, Big Tech, Microsoft, Nvidia, Nvidia's, Huawei, India . Club, Apple Music, Research, Apple Services, CNBC, Nasdaq, Bloomberg, Getty Locations: Europe, American, China, India, New York

☆ Inside Smashmallow, Silicon Valley's Failed Marshmallow Startup
▼ + stars: | 2024-03-03 | by ( Adam Rogers | ) www.businessinsider.com time to read: +20 min

"We wanted a marshmallow to have a little bite to it, not just be a foamy air," he says. Jon Sebastiani, Smashmallow founderSmashmallow had a killer brand — but the product was still basically being made one batch at a time, on kitchen counters. If Smashmallow couldn't produce enough marshmallows, Tanis wouldn't get its dough. The thing is, even though Smashmallow failed, Sebastiani didn't. "In that industry, a snackable marshmallow is a Smashmallow, like a copy machine is a Xerox," says Kwasniewski.

Persons: Jon Sebastiani, Sebastiani, Krave, jonesing, marshmallows, Liam Eisenberg, aerated, Cook, Jens Hoj, Hoj, Smashmallow, he'd, It's, Theranos, wasn't, Elizabeth Holmes, Tanis, Wolfgang Confectioners, Smashmallow Smashmallow, Wolfgang, Tanis wouldn't, Smashmallow couldn't, Richard Hartel, Sebastiani didn't, David Kwasniewski, Kwasniewski, Smashmallows, it's, Adam Rogers Organizations: Hershey, Michelin, BI, Kraft, Target, Walmart, Doumak, Workers, University of Wisconsin, Area, Xerox, marshmallows, Business Locations: Paris, California, Sonoma, Hershey, Silicon Valley, Los Angeles, Hobart, Chicago, Las Vegas, Netherlands, Tanis, Pennsylvania, America, Sonoma Capital, Smashmallow, Santa Rosa, San Francisco, Colorado, North America

☆ Mark Cuban shares 1 thing he wishes he'd done differently: 'That's not being old. That's being wise'
▼ + stars: | 2024-03-03 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

The 65-year-old billionaire says he now regrets stressing about his age every time he hit a big numerical milestone. Just one thing: I wish I hadn't thought I was getting old at every milestone [birthday]… 30,40,50," Cuban wrote in a recent post on Threads. You may need to change your habits as you age to stay healthy, Cuban noted. Rather than getting frustrated about those changes, embrace them, Cuban wrote on Threads. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.

Persons: Mark Cuban, …, Cuban, Becca Levy, Cuban's, Steve Kamb, Yoav Bergman, Bergman, he's, Recode, That's Organizations: Dallas Mavericks, Yale University, Foundation University Islamabad, CNBC Locations: Pakistan, Cuban

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