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Millennials are losing their cool
  + stars: | 2024-06-19 | by ( Emily Stewart | ) www.businessinsider.com   time to read: +16 min
Millennials may not be there yet on pants, or at least that's what I, as a millennial, tell myself. The internet is fueling the millennials vs. Gen Z discourse, but underlying it is something deeper: millennials raging against the dying of the light. "It's really beneficial for brands that at least the online discourse has millennials looking to Gen Z for trends. The nature of internet culture, much of which was created by millennials, puts a unique bent on the discourse and how creators and influencers address millennials. Gen Z, be nice to your friendly millennial next door, and vice versa.
Persons: we're, We're, Valeria Penttinen, Julie Erickson, , Erickson, Michael Miraflor, Hannah Grey, Justin Timberlake's, Claire Tassin, Jean Twenge, Gen X, Silents, they're, X, It's, Penttinen, millennials, Harley Block, Joel Steckel, I'm, that's, Devon Price, Price, Twenge, it's, Miraflor, Gwen Stefani, Martha Stewart, Alpha, Gen, They'll Organizations: Northern Illinois University, Morning, New York University, Starbucks, Loyola University Chicago's School, Professional Studies, Sports Illustrated Locations: Toronto, America
In 2023, Texas led the nation in solar installations on its power grid, surpassing California for its second consecutive year. Explosive power demand poses a challenge to the Biden administration's goal of converting the U.S. power grid to 100% clean electricity by 2035. Nextracker is a leading U.S. solar firm, building systems that allow panels to track to the position of the sun, improving the efficiency of solar power plants. Shugar pointed to the massive number of renewable projects in the U.S. seeking connection to the power grid. But as energy demand increases, the value of each additional hour should rise, eventually making longer duration batteries more cost effective, he said.
Persons: Brandon Bell, Andrés Gluski, Joseph Rand, We've, Kelley, Wells, Goldman Sachs, Biden, Ryan Sweezey, Wood Mackenzie, Richard Kinder, Kinder Morgan, Kinder, Amin Nasser, Nasser, Shugar, Lawrence, Lazard, Nextracker's Shugar, Lawrence Berkeley, Amol Phadke, Rand, Sweezey, Reid Ramdathsingh, Ramdathsingh, Fluence, John Zahurancik, Zahurancik, it's, Zahuranick Organizations: Getty, Renewables, Energy Information Administration, Department of Energy, Big Tech, Microsoft, AES Corporation, Google, AES, Meta, UBS, Solar, Lawrence Berkeley National Laboratory, U.S, Tech, North America, DOE, CNBC, University of California Berkeley's Goldman School of Public, Goldman School, Lawrence, Rystad Energy, Siemens Locations: Ector County , Texas, Texas, California, United States, U.S, Wells Fargo, Saudi, Houston, Lawrence Berkeley, Fluence's Americas
Boeing has been under intense scrutiny with numerous federal investigations and congressional hearings since a January 5 Alaska Air Boeing 737 Max flight had a door plug blow off, leaving a gaping hole in both the plane and Boeing’s reputation. He also claims Boeing in August 2023 told employees to delete records about nonconforming parts, which led him to complain – but Boeing took no action. Jason Redmond/ReutersAt an April 17 hearing Boeing engineer Sam Salehpour testified that Boeing is putting out defective planes because he and others who complain faced pressure not to do so. But the January 5 incident aboard the Alaska Air flight happened just days before the end of the probationary period. Boeing has denied the Alaska Air incident violated the deferred prosecution agreement and is challenging any potential criminal liability in court.
Persons: Sam Mohawk, , Dave Calhoun, Calhoun, We’ve, Sen, Richard Blumenthal, Blumenthal, ” Blumenthal, , Max, Howard McKenzie, Boeing’s, Jason Redmond, Sam Salehpour, ” Salehpour, ” Calhoun’s, Richard Aboulafia, “ I’m, Calhoun’s Organizations: Washington CNN, Boeing, Federal Aviation Administration, Congressional, CNN, Alaska Air Boeing, Max, Connecticut Democrat, FAA, Reuters, Consultancy, Alaska Air, Alaska Airlines, Alaska Airlines ’, Department Locations: Renton , Washington, Connecticut, Mohawk, Renton, Alaska, Indonesia, Ethiopia
CNN —Teenage soccer sensation Arda Güler, 19, produced a moment of magic to help Turkey beat Georgia 3-1 in an entertaining Group F game at Euro 2024 on Tuesday. The 65th-minute strike sparked frenzied scenes inside the Signal Iduna Park, with thousands of Turkey fans celebrating arguably the goal of the tournament so far. It was a devastating blow for Georgia, though, which is making its debut at a major soccer tournament. Despite being the lowest ranked team at Euro 2024, its players can count themselves unlucky having pushed Turkey all the way in its opening group stage match. But as the rain poured down onto the exhausted players, it was Turkey celebrating at full-time after a breathtaking match came to an end.
Persons: Arda Güler, Müldür, Georges Mikautadze’s, squirmed, excruciatingly, Kerem Aktürkoğlu, Giorgi Mamardashvili Organizations: CNN, Turkey, Georgia, Real Madrid, Dortmund, German Weather Service Locations: Turkey, Georgia, Germany, Dortmund, Düsseldorf, Gelsenkirchen, Cologne, Berlin
“I wanted it to be a bit of a mess,” said Rose ahead of the show on Sunday that marked her debut on the Milan Fashion Week schedule after years presenting her label in London. For her Spring-Summer 2025 show, she continued to challenge traditional concepts of masculinity and classic codes of tailoring. Justin Shin/Getty Images“There is a familiar subversion but I never intend for things to be shocking,” she explained. Milan is something of a fitting host for Rose’s brand with the two sharing a sense of intrigue on first impression. As Rose notes of Milan, “it reveals itself slowly”.
Persons: Martine Rose, , , Rose, Justin Shin, Milan, JW Anderson, Wales Bonner, it’s Organizations: CNN, Milan, Tomorrow Group, BFC, London Locations: Milan, British, London, , waists, Bermuda, Florence, Paris, Italy
Portugal’s blushes were spared as they came from behind to earn victory over the Czech Republic in their opening match at Euro 2024. AdvertisementInstead, it was the Czech Republic who took the lead — with yet another strike from outside the box. They dominated the ball and Czech Republic were happy enough with that, but Portugal never really clicked, despite deploying an admirable fluid system. Martinez’s side also had eight corners in the first half but the steely Czech Republic held firm, frustrating their opponents. Saturday, June 22: Turkey (Dortmund), 5pm BST, noon ETWhat next for Czech Republic?
Persons: Portugal’s blushes, Cristiano Ronaldo —, Lukas Provod’s, Robin Hranac, Ronaldo, Diogo Jota, Francisco Conceicao, Roberto Martinez’s, Tim Spiers, Tom Burrows, Sam Lee, Bernardo Silva, Bruno Fernandes, Martinez, Joao Cancelo, Vitinha, Rafael Leao, Diogo Dalot, Cancelo, Portugal’s, Ruben Dias, Pedro Neto, Conceicao —, Turk Organizations: Portugal, Provo, uga, Port Locations: Czech Republic, Saudi Arabia, Portugal, England, PORTUGAL, Hamburg
Hong Kong CNN —Warren Buffett’s Berkshire Hathaway has further cut its large stake in BYD, which vies with Tesla as the world’s largest electric car (EV) maker, as global trade tensions escalate over Chinese EVs. The sale was valued at 310.5 million Hong Kong dollars ($40 million). BYD shares had closed at a record high in June of that year. In 2008, Berkshire spent $230 million in buying BYD shares at an average of HK$8 ($1.02) apiece. Berkshire still holds 75.7 million Hong Kong-listed shares of BYD, which were worth about 17.6 billion Hong Kong dollars ($2.3 billion) by Tuesday.
Persons: Hong Kong CNN — Warren, Berkshire Hathaway, Tesla, Buffett, Daniel Acker, Biden, Wang Chuanfu, Elon Musk’s Tesla, didn’t, Charlie Munger, Munger “, Organizations: Hong Kong CNN, Hong Kong, Berkshire, Bloomberg, Getty, European Union, European Commission, EU, EV, HK, CNN Locations: China, Hong Kong, BYD, European, Europe, Beijing, United States, Shenzhen, Berkshire
To start, there is some debate over whether most of the estimated 250,000 enslaved people in Texas at the time didn’t know about the Emancipation Proclamation. As the famed Harvard professor Henry Louis Gates Jr. told me when we spoke recently, “I have never met a scholar who believes that’s true.”But more important, emancipation was not true freedom — not in Texas and not in most of the American South, where the vast majority of Black people lived. It was quasi freedom. It was an ostensible freedom. It was freedom with more strings attached than a marionette.
Persons: Harris, , Biden, Henry Louis Gates Jr Organizations: White House, Union Locations: Galveston , Texas, Texas, Harvard, American
A stock trader looks at his monitors in the trading room of the Frankfurt Stock Exchange. Worries about a new coronavirus mutation in southern Africa have dealt a major blow to the German stock market. The Stoxx 600 index was up 0.68% in early deals, with all sectors and major bourses trading in the green. Travel and leisure stocks led gains, up 1.84%, while banks were also 1.28% higher. The index fell more than 6.2% last week.
Organizations: Frankfurt Stock Exchange, CAC Locations: Africa
Fisker has filed for bankruptcy, following its warnings of potential business failure. Fisker is one of several companies to face headwinds from an EV sales slowdown. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Fisker, the second failed automotive startup founded by car designer Henrik Fisker, is the latest EV upstart to fail. This story is available exclusively to Business Insider subscribers.
Persons: Fisker, , Henrik Fisker Organizations: Service, Business
At an April 17 hearing Boeing engineer Sam Salehpour testified that Boeing is putting out defective planes because he and others who complain faced pressure not to do so. Calhoun has already met with members of Congress since the Alaska Air incident, albeit behind closed doors. He has also made numerous public statements to Boeing employees and to investors since the Alaska Air incident. But the January 5 incident aboard the Alaska Air flight happened just days before the end of the probationary period. Boeing has denied the Alaska Air incident violated the deferred prosecution agreement and is challenging any potential criminal liability in court.
Persons: Dave Calhoun, We’ve, Stephen Brashear, Calhoun, Howard McKenzie, Boeing’s, Sam Salehpour, ” Salehpour, ” Calhoun, , , Richard Aboulafia, “ I’m, Calhoun’s, Max Organizations: Washington DC CNN, Boeing, Alaska Air Boeing, Max, Federal Aviation Administration, Getty, Consultancy, Alaska Air, Alaska Airlines, Alaska Airlines ’, Department Locations: Renton , Washington, Alaska, Indonesia, Ethiopia
Kylian Mbappe suffered a fractured nose during France’s Euro 2024 win over Austria on Monday but will not undergo surgery at this time. AdvertisementThe 25-year-old was seen bleeding heavily from his nose as he was attended to by medical staff on the pitch. — Kylian Mbappé (@KMbappe) June 17, 2024Speaking before the diagnosis was confirmed head coach Didier Deschamps acknowledged the blow that losing Mbappe to injury would be for his side. Asked by French television channel TF1 if the fear was a broken nose, he said: “Apparently yes, his nose is not good at all. It’s so intense.”GO DEEPER The Briefing: Austria 0 France 1 - Mbappe's bloodied nose, pitch problems, Deschamps' dilemma(Michael Regan – UEFA/UEFA via Getty Images)
Persons: Kylian Mbappe, Kevin Danso, Mbappe, Des idées Organizations: Austria, Real, Dusseldorf Locations: Real Madrid, France, Netherlands
How to pick a good, affordable college before applying
  + stars: | 2024-06-17 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +8 min
New York CNN —Long before you take your high schooler on college campus tours, consider this: Shopping for college shouldn’t be any different than shopping for a home. Getting into that top 25% cohort is based on SAT or ACT scores, and having a high, unweighted GPA based on a rigorous high school curriculum. Other ways to reduce college costs before applyingWhile your children are in high school they can take other steps to reduce the total cost of their education. If their high school doesn’t offer them, there is a program called Freshman Year for Free offered by the Modern States Education Alliance. Getting the minimum AP scores a college requires to earn a college credit will lower how much you ultimately have to spend on tuition.
Persons: New York CNN — Long, , Beth Walker, Walker, doesn’t, pare, Mike McKinnon, won’t, Todd Fothergill, Fothergill, you’re, ” Fothergill, ” Walker, Said Walker, Organizations: New, New York CNN, shouldn’t, , College, , National Institute of Certified College Planners, Ivy League, Loan, Students, Stafford, American, Tax, of Education College, College Board, Free, Modern States Education Alliance Locations: New York
The firm raised its year-end target for the S & P 500 to 6,000 from 4,750. The new price target also now marks the highest on Wall Street, the CNBC Market Strategist Survey shows. Emanuel also pointed to the artificial intelligence-driven rally as another factor that could blow the S & P past its old target. Enthusiasm over AI has pushed the S & P 500 to record levels this year, with the S & P 500 blowing by Emanuel's previous year-end target. Emanuel added that the 7,000 level for the S & P 500 is achievable by the end of 2025.
Persons: Evercore ISI's Julian Emanuel, Emanuel, Emanuel's Organizations: ISI, CNBC Market, Survey, Nvidia
In a recent television interview, Trump said he was considering restricting access to birth control and leaving the decision to the states. Taking to social media, Trump falsely claimed that neither he nor the Republican Party supported imposing restrictions on or banning birth control. The plans call for again attacking birth control through executive action, including threatening access to IUDs and emergency contraception. In Arizona, GOP Senate Majority Leader Sonny Borrelli absurdly suggested that women could simply hold “an aspirin between their knees” as birth control. In Iowa, legislation falsely conflated birth control with abortion to block the approval of over-the-counter birth control pills.
Persons: Karen Finney, Hillary Clinton, I’ve, Karen Finney Ralph Alswange, Donald Trump, Roe, Wade, — Trump, Trump, Wade —, Joe Biden, Kamala Harris, , Comstock, Stephen Miller, Roger Severino, Severino, Susan B, Anthony Pro, Donald Trump’s, Biden, Servino, Sonny Borrelli, Glenn Youngkin, Chuck Schumer, Kellyanne Conway, we’ve Organizations: CNN, Democratic, UCLA, MAGA Republicans, Republican Party, Trump, Trump Administration, GOP, Heritage Foundation, Trump Health, Human Services Department, Republican, Congressional Republicans, Republicans Locations: It’s, Roe, America, Arizona, Indiana, Iowa, Wisconsin, Alabama , Arizona, Florida, Georgia , Iowa, Louisiana , Mississippi , Nevada , North Carolina , Tennessee, Virginia, Alabama, American
Read previewOakland was once home to three major sports teams: the Golden State Warriors, Oakland Raiders, and Oakland Athletics. The Oakland Ballers raised $2 million from 53 individual investors. Before founding the Ballers, Freedman was a serial entrepreneur in the human capital and education sectors. "We're a minor league team in a major league market," Freedman said. Check out the 15-slide pitch deck the Ballers used to raise $2 million:
Persons: , Paul Freedman, Freedman, Bryan Carmel, " Freedman, Carmel, Michael Fitzgerald, Gagan Biyani, Biyani, Kara Nortman, Angel City, Alexis Ohanian, Serena Williams, Natalie Portman, Williams, Venus, Tiger Woods, Rory McIlroy Organizations: Service, Golden State Warriors, Oakland Raiders, Oakland Athletics, NBA's Warriors, NFL's Raiders, Las, MLB's Athletics, Business, Oakland, Pioneer League, MLB, Education, A's, Maven, Area, cofounding Angel City Football Club, Angel, TGL Locations: San Francisco, Las Vegas, Oakland, Ireland, Ballers, Los Angeles, Ohanian
Read previewIf there is one place Ukraine is winning in the war against Russia, it's Crimea, experts say. Ukrainians have since referred to the Black Sea peninsula as "occupied Crimea," and Zelenskyy has continually stated that any peace agreement must see it returned to Ukraine. Meanwhile, Ukraine, which lost its traditional naval fleet during the annexation of Crimea, has targeted Russia's Black Sea fleet with great success using sea drones. Ukraine even claimed to have sunk the Black Sea Fleet's flagship, the Moskva. "Crimea allows for power projection over the rest of the Black Sea.
Persons: , Volodymyr Zelenskyy, Vladimir Putin, Olga Khvostunova, ", Zelenskyy, Elina Beketova, Russia's, VASILY MAXIMOV, Maria Snegovaya, Beketova, Putin, Dmitry Pletenchuk, OLGA MALTSEVA, Catherine the Great, Snegovaya, Alexei Volkov, DVIDS Frederik Mertens, Ukraine's, Budanov Organizations: Service, Business, Eurasia, Foreign Policy Research, Federal Assembly, NATO, Centre for, Fleet, Getty, Center for Strategic, Studies ', Eurasia Program, Black, Ukraine, Security, Anadolu Agency, Directorate of Intelligence, Guardian, UK Ministry of Defence, MoD, Getty Images, National Union of Hospitality Industries, Reuters, Wing Public Affairs, Hague, Strategic Studies Locations: Ukraine, Russia, it's Crimea, Crimea, Sevastopol, Moskva, AFP, Studies ' Europe, Kerch, Ukraine's, Ukrainian, Rostov, Crimean, Russian, Saki
AdvertisementHow a FIRE family budgetsIn 2012, Dogen reached financial independence after 13 years in banking, predominantly in San Francisco. His wife retired in 2015 at 35 and worked part-time until they had their first kid. Other family expenses include $7,800 for three family vacations, $6,000 for entertainment, including sporting events and social functions, and $4,200 for baby items. He also said he feels safer as an Asian American in San Francisco than in many other parts of the country. He's itching to "fill that void" with part-time consulting work in the tech or startup industry, hoping to get more involved with AI companies in San Francisco.
Persons: , Sam Dogen, haven't, Dogen, Uber, should've, they're, I'm, he's, it's, Dogen didn't, didn't, you've, I've Organizations: Service, Business, FIRE, Bay Area, Uber Locations: San Francisco, American, Memphis, Houston, Bay
For Love & Money is a weekly Business Insider column answering relationship and money questions. This week, a reader's neighbor expects them to help pay for a garden between their homes. Write to For Love & Money using this Google form. Not to say your neighbors are scheming over their morning coffee for ways to force you to share a garden with them. Write to For Love & Money using this Google form .
Persons: , they're, We've, doesn't Organizations: Service
AdvertisementBut these were pinprick attacks designed to embarrass the Kremlin and demonstrate that nowhere in Russia is safe from Ukrainian attack. The aircraft didn't appear to catch on fire, suggesting the damage wasn't catastrophic, perhaps to be expected from small drones with small warheads. The Akhtubinsk attack suggests that Russian electronic warfare capacity has sufficient breadth to cover the front, but not depth to protect the Russian interior. Much like Russia's vaunted T-14 Armata, the Su-57 has been conspicuous by its absence from the Ukraine war. AdvertisementEven with American-made F-16 fighters arriving soon, Ukraine's air force probably can't drive off Russian jets lobbing glide bombs from 50 miles behind Russian lines, safe behind ground-based air defenses.
Persons: Justin Bronk, Bronk, Su, Michael Peck Organizations: Service, Russian Air Force, Kyiv, Royal United Services Institute, Russian, NATO, West, Stealth, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, British, Ukraine, Ukrainian, Volgograd, Stalingrad, Russian, Forbes
Opinion | Growing Old, With Grace and Aches
  + stars: | 2024-06-15 | by ( ) www.nytimes.com   time to read: 1 min
To the Editor:Re “The Beauty of Embracing Aging,” by Charles M. Blow (column, June 6):I admire Mr. Blow’s elegiac paean to growing old, especially as my own experience has been quite different. One day I am filled with gratitude for all the material and social resources from which I have benefited. Sociologists tell me that some who reach old old age experience a calming withdrawal from the kinds of complicated emotions marking the start of my ninth decade. Till then, I’m holding on tight, still thankful that the exhilarating, sometimes scary ride is not yet over. Jonathan SilinTorontoThe writer is the author of “Early Childhood, Aging and the Life Cycle: Mapping Common Ground.”
Persons: Charles M, Till, Jonathan Silin, Locations: Jonathan Silin Toronto
Since then, those technology titans have crushed the rest of the market in earnings growth and returns. By contrast, the other 493 stocks in the S&P 500 saw their earnings fall in 2023. The firm is calling for 17% earnings growth in the fourth quarter, both for stocks in and out of the Magnificent 7. All 11 market sectors will enjoy earnings growth in Q4 for the first time since Q2 of 2021, according to JPMAM's projections. That includes healthcare, energy, and materials, which saw earnings decline earlier this year.
Persons: Tesla, Stocks, Santos, JPMAM Organizations: Asset Management, Apple, Meta, Microsoft, Nvidia
Catherine, Princess of Wales, appeared in public on Saturday for the first time since her cancer diagnosis, smiling while riding in a carriage with her three children, as she took part in a ceremonial parade to celebrate the birthday of her father-in-law, King Charles III. Crowds gathered in central London to watch as the princess and her family participated in an event full of military tradition, music and pageantry, dampened only slightly by a light rain. “I am making good progress, but as anyone going through chemotherapy will know, there are good days and bad days,” Catherine, 42, said in a statement released to the media. “On those bad days you feel weak, tired and you have to give in to your body resting,” she added. “But on the good days, when you feel stronger, you want to make the most of feeling well.”
Persons: Catherine, Princess of Wales, King Charles III ., King Charles, , ” Catherine Locations: London
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewArmenia's announcement that it's going to leave a Russia-led alliance that was set up to rival NATO is a blow to the image Russian President Vladimir Putin wants to project, experts told Business Insider. In fact, experts say it's the opposite of what Putin hoped to achieve with the alliance. But leading it is still important to Putin as, in Putin's mind, "great powers lead alliances and organizations." Armenia snubbing RussiaPashinyan's announcement came after months of snubs against Putin, and criticism of the CSTO in general.
Persons: , Vladimir Putin, Nikol Pashinyan, Putin, Davis Ellison, Alexander Cooley, Thomas Graham, snubs, Pashinyan, Graham, Armenia doesn't Organizations: Service, NATO, Collective Security, Organization, Business, The Hague, Strategic Studies, Columbia University, Yale, Armenia's, Reuters, Getty Locations: Russia, Armenia, Kremlin, Soviet Union, Moscow, Soviet, East, Azerbaijan, Ukraine, Washington, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan
Read previewThe G7 summit has long been a showcase of global leadership and power. But 2024's group of leaders appears to be one of the weakest that has attended the summit for some time. French President Emmanuel Macron, Italian Prime Minister Giorgia Meloni, US President Joe Biden, and Japanese Prime Minister Fumio Kishida at the G7 summit. 'Brittle at best'Payne argued that some of the G7 leaders aren't outright weak; rather, they face circumstances that threaten their authority. And right now, the domestic foundations of most of the G7 leaders are brittle at best," he added.
Persons: , Inderjeet Parmar, Emmanuel Macron, Olaf Scholz's, Rishi Sunak, Giorgia Meloni, Joe Biden, Fumio Kishida, Antonio Masiello, Andrew Payne, Payne, Donald Trump, Hunter Biden's, Parmar, aren't Organizations: Service, Business, Politico, City University of London, EU, Olaf Scholz's Social Democrats, Christian Democrats, Social Democrats, White House Locations: Canada, France, Germany, Italy, Japan, Italian, Ukraine
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