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Bike lanes are good for business
  + stars: | 2024-03-07 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +13 min
Freaked-out business owners have been fighting bike lanes coast to coast, in cities from San Diego to Cambridge, Massachusetts. Rowe compared sales taxes in these “Neighborhood Business Districts” with those in similar districts in the city that didn’t get bike lanes. In one NBD, which replaced car lanes and three parking spots with two bike lanes, sales closely tracked those in the bike-less areas, both in peaks and troughs. Sometimes nothing changed, but more often the areas near bike lanes wound up with more employees and more revenue. It’s the new normal.” All the data in the world may prove that bike lanes are good for business.
Persons: , , Joseph Poirier, Nelson Nygaard, , It’s, I’ve, Kyle Rowe, Rowe, it’s, Poirer, Jenny Liu, Wei Shi, Liu, Poirier, Shi, ” Liu, downtowns, who’s, Larisa Ortiz, ” Poirier, Adam Rogers Organizations: , University of Washington, New York City Department of Transportation, , San, Portland State University, Center for Urban Studies, Portland State, Boston Globe, Automobile, Getty, Business Locations: San Diego, Cambridge , Massachusetts, Los Angeles, Seattle, New York, Brooklyn, Manhattan, Bronx, , San Francisco, there’s, Oregon, Portland, San Francisco , Minneapolis, Memphis, Minneapolis, America’s, downtowns, United States, Chicago ; New York City, Angeles
In today's big story, we're looking at Sam Altman's sprawling AI empire amid his beef with Elon Musk . AdvertisementBut first, the sun never sets on Sam Altman's AI empire. OpenAI CEO Sam Altman was thrust into the mainstream consciousness with the release of ChatGPT in 2022. Elon Musk and Sam Altman Michael M. Santiago/Getty, Nordin Catic/Getty, Tyler Le/BIThere is another tech billionaire whose vision exceeds a singular company. But unlike Musk, Altman has, somewhat incredibly, mostly skirted controversy (save for his ouster-then-return saga ).
Persons: , There's, Sam Altman's, Elon Musk, Alastair Grant, Rebecca Zisser, Sam Altman, Altman, Darius Rafieyan, Sam Altman Michael M, Nordin Catic, Tyler Le, Elon, Musk, OpenAI, execs, Altman isn't, Robert Downey Jr, Tony Stark, Goldman Sachs, Jenny Chang, Rodriguez, Neema Raphael, Goldman's, Jerome Powell, Powell, Li Qiang's, Xi Jinping, Fernando Gutierrez, leapfrog, Ridley Scott's, Napoleon, BI's Peter Kafka, Elon Musk's, Joe Biden, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Elon, Business, OpenAI, Microsoft, Goldman, Beijing, Nvidia, leapfrog Apple, Apple, Google, FTC, Facebook, Variety, Tesla, Costco, Kroger, Digital Locations: China, Delaware, New York, London
The Biden administration has limited credit card late fees to $8, a 75% reduction. Federal Reserve BoardA study by the CFPB published in 2022 showed that credit card late fees are disproportionally collected from people in low-income neighborhoods. The Good Brigade/Getty ImagesReduced credit card late fees would also be worth about $414 million to the real estate industry. A drop in the bucket of credit card costsCredit card debt is now at record levels and interest rates on those cards have soared. Interest and other credit card fees cost consumers more than $1,100 a year and are still growing.
Persons: Biden, Vance Ginn, Jenny Thorvaldson, Thorvaldson Organizations: Consumer Financial, Business, IMPLAN, Biden, Federal Reserve Bank, Federal, Brigade, Centers for Disease Control, Money Management, MMI
Cummings started working on the Voyager mission when he was a graduate student at Caltech in 1973, about four years before the two spacecraft launched. Voyagers' enduranceThe Voyager mission has been gathering groundbreaking data and photos since the beginning. Before Voyager, Cummings was part of an experiment to measure cosmic rays using a balloon. "It was very fortunate for me," he said, because he was able to then join the Voyager mission. NASA/JPL-CaltechIn 2012, Voyager 1 became the first human-made spacecraft to enter interstellar space and Voyager 2 followed six years later.
Persons: , Alan Cummings, Cummings, Alan Cummings Voyagers, Saturn, Carl Sagan, Voyagers, they'll, JPL Cummings, There's Organizations: Service, Caltech, Business, Hubble, NASA, Engineers, JPL Locations: Manitoba, Canada, Russia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Gilman's Jenny Harrington plans to continue to sell out of NYCB stockJenny Harrington, Gilman Hill CEO, joins 'Closing Bell' to discuss NY Community Bank's stock plunge and board member changes.
Persons: Jenny Harrington, Gilman Organizations: NY
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Former President Donald Trump has all but secured a rematch with President Joe Biden in November's election after a dominating performance on Super Tuesday. These days, the biggest themes heading into the election range from the personal lives of both candidates to major geopolitical issues. Trump's vice president: Trump's running mate remains a question mark, with plenty of options . Swift backed Biden in 2020 but didn't endorse either candidate when she told her fans to vote on Super Tuesday .
Persons: , Nikki Haley, that's, we've, Chip Somodevilla, Scott Eisen, Donald Trump, Joe Biden, Biden, Trump, Brendan Smialowski, he's, Daniels, Trump's, Sen, Tim Scott of, Vivek Ramaswamy, Kristi Noem, Taylor, Swift, Robert Alexander, Jenny Chang, Rodriguez, Alyssa Powell, Elon Musk, Musk, execs, Roy Rochlin, Bob Iger, It's, Campbell, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Street, Business, Democratic, Trump, NFL, Getty, Musk, Microsoft, Disney, Apple, Vision, Campbell Soup Company Locations: Vermont, Tim Scott of South Carolina, South Dakota, Gaza, Ukraine, Washington, China, Trump, New York, London
The legendary white button down shirt that cemented Colin Firth’s reputation as an on-screen heartthrob in “Pride and Prejudice” is expected to fetch thousands of dollars at auction. Firth immortalized Jane Austen’s Mr Darcy in the BBC adaptation of the book in 1995. Eamonn M. McCormack/Getty ImagesRecalling the moment the shirt made movie history, Collin said on the auctioneer’s site: “Mr Darcy’s ‘wet shirt moment’ was never scripted. In the scene Mr Darcy is spied emerging from a lake having taken a cooling swim on a hot summer’s day. Because on screen male nudity was not permitted (taking into account the BBC watershed and US broadcasts) – the idea of the ‘wet shirt’ was born.
Persons: Colin Firth’s, , Firth, Jane Austen’s Mr Darcy, Elizabeth Bennet, Jennifer Ehle, Darcy, Bridget Jones ’, Kerry Taylor, Dinah Collin, Darcy Wet, Eamonn M . McCormack, Collin, Darcy’s, Christopher Prins, Mr Darcy, Colin Firth, John Bright, Drew Barrymore’s, Danielle, , Meryl Streep, Robert Downey Jr, , Sherlock Holmes, Jude Law, Watson, Drew Barrymore, Keira Knightley, Cate Blanchett, Gwyneth Paltrow, Bright, Jenny Beavan, Oscar, Merchant Ivory’s Organizations: CNN, Kerry, Kerry Taylor Auctions, Bright Foundation, Alamy Locations: , London, England
Semiconductor giant Nvidia has an asset intensity ratio of just 0.5, according to Goldman. NVDA 1Y mountain Nvidia shares over the last year Another chipmaker in the basket is Broadcom . Match Group has a 0.3 asset intensity ratio. The company has an asset intensity ratio of 0.4. All but two of the 19 analysts who cover Live Nation rate it a strong buy or buy, per LSEG.
Persons: Goldman Sachs, Goldman, Jenny Ma, Ma, LSEG, — CNBC's Michael Bloom Organizations: Semiconductor, Nvidia, Broadcom, chipmakers Micron Technology, Intel, Telecommunication, Verizon, Mobile
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But when Nupur Dave walked away from corporate life at 40, becoming part of the FIRE (financial independence, retire early) movement, she soon came to regret it . Many of the early retirees who've spoken with BI in the past have shared the challenges that come with quitting work altogether. And there are many more striving to make early retirement a reality .
Persons: , Nupur Dave, Dave, FIREgret, Dave's, who've, Rebecca Zisser, it's, Jenny Chang, Rodriguez, Alyssa Powell, Steve Pemberton, there's, Pemberton, Robert L, Johnson, America's, Matt Turner, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Business, Service, Microsoft, Google, Wall, Getty, Walgreens, Toyota, BET Locations: New York
Frank Herbert first described this harsh, fictional world of Arrakis in his 1965 novel "Dune," which was recently adapted into a film trilogy. The movie was shot in the deserts outside Abu Dhabi, but we wondered what it would actually take to survive on a real-life Arrakis. AdvertisementDune's planet Arrakis has enormous sandworms, a drug known as spice that helps with interstellar travel, and two moons. Planet Arrakis lacks oceans, lakes, or even tiny puddles on its surface. Surviving the temperature extremesIf the lack of water on Arrakis doesn't kill you, the heat certainly will if you're not prepared.
Persons: , Frank Herbert, Seth Collings Hawkins, Amy J, it's, Alexander Farnsworth, Farnsworth, Herbert, Hawkins, Arrakis, Kreykes Organizations: Service, Business, Wake Forest University School of Medicine, University of Texas Medical Branch, Warner Bros, University of Bristol, Mexican - Locations: Abu Dhabi, Arrakis, Sonoran, Mexican, Mexican - U.S, Arizona , New Mexico, California
Sydney, Australia CNN —The alleged murder of a young Sydney couple by a serving police officer has opened a tragic new chapter in the troubled history between the force and the city’s LGBT+ community and cast a shadow over Mardi Gras, a vibrant annual celebration of their culture. The bodies of Sydney couple Luke Davies and Jesse Baird were found a week after their alleged murder. Adding to that distress was a photo circulated widely of the alleged killer marching in police uniform at the 2020 Mardi Gras. The couple's alleged murder has cast a shadow over the annual Sydney Gay and Lesbian Mardi Gras parade. Recommendations to police included reinvestigating some of the suspected hate crimes murders, but also for officers to take courses in LGBT+ bias and to improve relations with the LGBT+ community.
Persons: Australia CNN —, Senior New South Wales Police Constable Beaumont Lamarre, Condon, Jesse Baird, Luke Davies, Baird, Davies, @Jesse Baird, Kate Webb, Taylor Swift, Taylor, ” Webb, Mardi, Jesse, Luke who, Webb, , , Jenny Evans, ” It’s, Mardi Gras, Robert French, Tony Crandell, John Sefton, John Sackar, Sackar Organizations: Australia CNN, Mardi Gras, Senior New South Wales Police, Baird’s Paddington, revelers, Gay, Instagram Police, NSW Police, NSW police, Sydney Gay, 78er, , Oxford, International, Sunday Locations: Sydney, Australia, Mardi, Senior, Baird’s, Sydney’s, Mardi Gras, NSW, Newspix, Police
Estimated to cost at least $3 billion, the project DUNE (Deep Underground Neutrino Experiment), is led by scientists at the US Department of Energy's Fermilab. AdvertisementCavern excavation at the Sanford Underground Research Facility in South Dakota began in 2017. The beam will then travel underground for 800 miles to the detectors at the South Dakota Sanford Underground Research Facility. The Sanford Underground Research Facility is located at a former gold mine. Stephen Kenny, Sanford Underground Research FacilityIn 1987, astronomers witnessed a bright supernova exploding closer than any had in about 400 years.
Persons: , Mary Bishai, Reidar Hahn, Bishai, Matthew Kapust, Stephen Kenny, Maximilien Brice, Albert Einstein's, Jim Shultz, It's Organizations: Service, US Department of Energy's Fermilab, Sanford Underground Research, South Dakota Researchers, Fermilab, South Dakota Sanford Underground Research, CERN, Japan Proton Accelerator Research, PARC, European Organization for Nuclear Research, Scientific Locations: Illinois, South Dakota, Chicago , Illinois, Minnesota, Fermilab, South
Read previewA bizarre Willy Wonka-inspired immersive event has been attracting attention for all the wrong reasons this week. Some of the actors hired for the event have been speaking out with their suspicions that AI played a role in devising the chaotic script. Paul Connell, an actor and stand-up comedian hired to play Willy Wonka at the event in Glasgow, Scotland, told the Independent the script provided was "15 pages of AI-generated gibberish" and required him to say "mad things." Kirsty Paterson, who played an Oompla-Loompa at the event, also suspected the script might have had a helping hand from AI. Jenny Fogarty, another actor hired for the event, told the Daily Mail she and her partner thought AI had written the content after they read the strangely written stage directions.
Persons: , Willy Wonka, Paul Connell, Connell, Kirsty Paterson, Paterson, I'd, Jenny Fogarty, ChatGPT Organizations: Service, Business, Independent, Daily Mail, Entertainment, Illuminati Locations: Glasgow, Scotland
Final Trades: Google, Wabtec, Flex LNG and QQQ
  + stars: | 2024-02-28 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Google, Wabtec, Flex LNG and QQQToday’s ‘Halftime Report’ Investment Committee, Jenny Harrington, Kari Firestone, Joe Terranova and Steve Weiss give their top picks to watch for the second half.
Persons: Today’s, Jenny Harrington, Kari Firestone, Joe Terranova, Steve Weiss Organizations: Google, Flex LNG, Investment
The ending is abrupt, but Apple's EV ambitions weren't easily realized. AdvertisementNurPhoto/Getty, Tyler Le/BIApple's departure shows how challenging the once red-hot EV market has become. In the long run, Apple's exit could even be spun as a win for the EV market. Less competition is rarely good, but some of Apple's employees could land at rival EV makers, providing a much-needed boost. OpenAI fires back at The New York Times.
Persons: Donald Trump, Nikki Haley, Tyler Le, Aaron Mok, weren't, Elon Musk, That's, Rivian, Spencer Platt, Mislav Matejka, Morgan Stanley's, Ellen Zentner, Zentner, Jamie Dimon, he's, Slaven, Jenny Chang, Rodriguez, Satya Nadella, It's, Reddit, isn't, Wendy's, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Republican, Apple, Bloomberg, Tesla, EV, Getty, Elon, Google, Microsoft, The New York Times, Times, Paramount, HP Locations: Michigan, China, New York, London
That's when he found the so-called death ray. AdvertisementSener surmised the Archimedes death ray wasn't impossible if it had used many more mirrors and a hotter heat source. A long history of death ray attemptsMany others have tried to recreate the death ray, with varying levels of success. Most recently, the TV show "Mythbusters" took on Archimedes' death ray three times and never managed to make it work. The reflective surfaces and fiery boats could have become conflated in the ensuing centuries, possibly creating the myth of a death ray.
Persons: Archimedes, , Sener, wasn't, Syracuse Sener, Roman, Marcellus, Descartes, Athanasius Kircher, Georges, Louis Leclerc, Comte de Buffon, Ioannis Sakkas Organizations: Service, Getty Images Scientists, London Public Library Locations: Syracuse, Sicily, French
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarrington: Looking at earnings in a more subdued, but not negative wayJenny Harrington of Gilman Hill Asset Management discusses her biggest takeaways from earnings season, and why she's still sitting back with plenty of cash to deploy.
Persons: Jenny Harrington, she's Organizations: Management
AdvertisementThe 2024 presidential election seems destined to be the rematch many voters have been expecting : President Joe Biden against former President Donald Trump. So what would Trump's return to the White House mean for stocks? President Joe Biden gives remarks on the conflict between Israel and Palestine at the White House in Washington on October 7, 2023. During his speech, President Biden reiterated the United States' support for Israel. Amanda Andrade-Rhoades/For The Washington Post via Getty ImagesAmong the world's more powerful people, opinions are divided on the impact of Trump's return.
Persons: we've, Donald Trump, Donald Trump grins, Chip Somodevilla, Joe Biden, Trump, Nikki Haley, Haley, Biden, Trump's, that's, Matthew Fox, James Reilly, Amanda Andrade, Rhoades, didn't, Jamie Dimon, Dimon, Ray Dalio, Tesla, Warren Buffett, Berkshire Hathaway, Charlie Munger, Francois G . Durand, Jenny Chang, Rodriguez, Dick Costolo, Elon, Rebecca Zisser, Gen Zers, Millennials, Uber, Dow, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: South, GOP, Trump, South Carolina GOP, Gov, Nasdaq, Capital Economics, White, Israel, Washington, Getty, Economic, CNBC, Bridgewater, Nvidia, Berkshire, SpaceX, Dow Jones, US Locations: New Hampshire, China, Capital, Israel, Palestine, Washington, United States, Russia, Ukraine, New York, London, Chicago
In today's big story, we're looking at Wall Street's love affair with Nvidia (and AI) while Big Tech still grapples with how to use the tools . Since Nvidia's GPUs sit at the center of the AI revolution, the company's success suggests the hype around the tech is warranted. One issue is bias showing up in AI tools . AdvertisementInternal documents show that Amazon is warning its employees not to use third-party generative AI tools for work , BI's Ashley Stewart and Eugene Kim report. It's an interesting acknowledgement of the risks involved with using AI tools — especially when Amazon is pitching its own chatbot to customers .
Persons: , It's, Michael M, Tyler Le, it's, Matthew Fox, Wall, Jensen, Kathleen Brooks, XTB, BI's George Glover, Chelsea Jia Feng, — ChatGPT, Monica Melton, BI's Ashley Stewart, Eugene Kim, Paul Morigi, Jenny Chang, Rodriguez, Goldman, Joe Duran, Jensen Huang, Huang, Reddit, Sam Altman, Elon Musk, Gemini, isn't, RJ Scaringe, Rivian, Scaringe, Steve Conine, Niraj Shah, Lucas Jackson, Wayfair, Bruce Dixon, they'd, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Nvidia, Big Tech, Getty, Nasdaq, Nikkei, GameStop, SEC, CNBC, EV, Warner Bros Discovery Inc, Hyatt Hotels Locations: Paul, New York, London, Chicago
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Walmart, Star Bulk Carrier, Leidos Holdings and IntuitToday’s ‘Halftime Report’ Investment Committee, Jenny Harrington, Joe Terranova, Kevin Simpson and Steve Weiss, give their top picks to watch for the second half.
Persons: Intuit Today’s, Jenny Harrington, Joe Terranova, Kevin Simpson, Steve Weiss Organizations: Walmart, Star Bulk, Leidos Holdings, Intuit, Investment
Jenny Woo side hustle profile correction
  + stars: | 2024-02-22 | by ( ) www.cnbc.com   time to read: 1 min
This story has been corrected to reflect that Jenny Woo attended Harvard University's Mind, Brain, and Education program.
Persons: Jenny Woo Organizations: Harvard University's
That was certainly the case during a recent Schmidt Ocean Institute expedition. ROV SuBastian/Schmidt Ocean Institute"Most of the seafloor is still unknown to us," Virmani said, with only about 25% of it mapped in detail. "That work will take place in a lab environment where they'll do some more in-depth study to confirm that these are new species," Virmani said. ROV SuBastian/Schmidt Ocean InstituteEnthusiasts hoping to get a peek at more deep-sea creatures will have a chance starting February 24. The Schmidt Ocean Institute, started by Wendy Schmidt and former Google CEO Eric Schmidt, will launch another expedition with the Research Vessel Falkor (too).
Persons: , Javier Sellanes, Salas, Jyotika Virmani, Virmani, Juan, Schmidt, Alex Ingle, Wendy Schmidt, Eric Schmidt Organizations: Service, Schmidt Ocean Institute, Mount Fuji, Business, Schmidt Ocean, Mar, YouTube, Research Locations: Chile, Hawaii
Several phone service providers, including AT&T, were down for many users across the United States early Thursday, according to Downdetector.com, which tracks telecommunication and internet disruptions. The outage, which affected users in cities including Atlanta, Los Angeles and Dallas, was first reported around 3:30 a.m. Eastern time, and appeared to peak an hour later. AT&T did not immediately respond to a request for comment. Outages on a smaller scale were reported by some users of Verizon, Cricket Wireless and FirstNet. This is a developing story.
Organizations: Verizon, Cricket Wireless Locations: United States, Atlanta, Los Angeles, Dallas
In today's big story, we're looking at why M&A could be staging a comeback and which bankers made the most of 2023 . The big storyDealmaker's delighttatomm/iStock, Tyler Le/BIThree monster deals announced in less than a week has Wall Street wondering: Is M&A back? But after a dreadful 2022 and 2023, dealmaking is showing signs of life, Business Insider's Theron Mohamed writes. Capital One, Truist, and Walmart announced acquisitions totaling $53 billion this week, leaving bankers hopeful the good times (and fees) are back. Deals represent an exit opportunity for companies, giving their investors (some of whom are employees) a chance to cash out.
Persons: Tyler Le, Theron Mohamed, Biden, Alex Morrell, Reed Alexander, Alyssa Powell, Emily Stewart, Wall, it's, M, Getty, Jenny Chang, Rodriguez, Jensen Huang, Goldman Sachs, Carlos Delgado, Associated Press Rivian, Rivian, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Federal Reserve, Walmart, Activision Blizzard, ExxonMobil, Cisco, Acquisitions, Activision, Wall Street, Big Tech, Nvidia, ING, Microsoft, Associated Press, BI, Google, Walgreens, Sunshine State, CVS, Intuit, Nestle, Square Locations: Europe, Florida, VillageMD, New York, London
Jenny Woo, 42, brought in more than $1.71 million in 2023 revenue by selling EQ card games on Amazon. She was working on her master's degree in education at Harvard University, learning about emotional intelligence and child development. Woo spent roughly $1,000 from her savings to launch her side hustle, Mind Brain Emotion, in 2018. A million-dollar ideaWhen budget cuts hit the school, Woo was laid off. A month before graduating from the Harvard program, Woo launched a Kickstarter campaign for the deck with a $1,500 goal.
Persons: Jenny Woo, Woo, , it'd Organizations: Harvard University, Amazon, CNBC, University of California, Berkley, Cisco, Harvard, Harvard Innovation Labs Locations: Irvine, Southern California, Boston
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