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☆ Luxury homes on these beaches are losing value fast, as effects of climate change hit hard
▼ + stars: | 2024-06-14 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +4 min

watch nowAs sea levels rise and storms intensify, coastal real estate is seeing flooding and erosion like never before. From Dana Point, California, to Long Island, New York and Nantucket, Massachusetts, some of the nation's priciest coastal real estate is in an increasingly precarious position due to climate change. Various risk models have shown myriad projections for falling real estate values, but the effects of climate change are already hitting the market — and at a faster pace than most expected. A Nantucket home listed last summer for just over $2 million sold early this year for just $600,000. "There have been several," said Shelly Lockwood, a real estate agent on Nantucket.

Persons: Dana, Shelly Lockwood, Lockwood, that's, it's, Kay Tyler, he's, Chris Farley, Farley, Diana Olick, Olick Organizations: National Oceanic, Atmospheric Administration, Nantucket, Boston Globe, First, CNBC Locations: Dana Point , California, Long, , New York, Nantucket , Massachusetts, Nantucket, Montauk, Gulf Coasts, United States, Lockwood

☆ I tried 27 of Trader Joe's seasonal summer products, and there are only 6 I wouldn't buy again
▼ + stars: | 2024-06-13 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +40 min

Read previewFrom versatile crispy jalapeño pieces to luscious Southern-style peach ice cream, Trader Joe's has plenty of seasonal items for the summer. As part of an ongoing series in which I review Trader Joe's seasonal products, I gave the chain's summer offerings a try. These crispy jalapeño pieces would elevate just about any summer mealI had heard great things about Trader Joe's crispy jalapeño pieces. No frozen treat is complete without one of Trader Joe's organic sugar conesThis sugar cone paired well with Trader Joe's peach-crisp ice cream. As my experience is with most Trader Joe's salad kits, I think it also could've used a lot more dressing.

Persons: —, Joe's, Wilson, arugula, I've, graham, shortbread, dill, Wilson I'm, doesn't, garlicky, you'd, hummus, Savanna, I'm salivating, I'm, crisps, they're, ravioli, I'd, morsel, didn't, soggy, It's, jalapeño, jalapeño crisps Organizations: Service, Business, Wilson, nacho, snacking Locations: Savanna, dill, Jolly, radicchio

Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. GameStop's annual shareholder meeting was disrupted by computer problems Thursday, as servers crashed under overwhelming interest in the stream, a customer service representative for the company hosting the stream told CNBC. According to a YouTube stream from an unaffiliated user purporting to reproduce the feed, the annual meeting was brought to order at 11:48 a.m. The rep said Computer Share's servers appeared to be unable to handle the amount of traffic the meeting had received and weren't accustomed to the volume of accounts. They added that Computer Share's tech team was working to solve the issue and advised interested parties to attempt to log in "every 5 to 10 minutes."

Persons: weren't, Keith Gill —, —, Gill Organizations: GameStop, New York Stock Exchange, CNBC, Share Locations: New York City, U.S

☆ 5 places where you should always tip—except for in these scenarios, according to etiquette experts
▼ + stars: | 2024-06-13 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

"But at places like sit-down restaurants, hair salons, barber shops or getting food delivered, tipping is customary." Just 67% of adults in Bankrate's survey say they always tip at restaurants. "So if you're not tipping in those scenarios, you're really taking money out of the server's pocket." When it comes to those who cut your hair and deliver your food, you should just about always tip, etiquette experts say. In other words, if you asked for a service and out-and-out didn't receive it, you're OK reducing or withholding a tip, etiquette pros say.

Persons: they're, Ted Rossman, Thomas Farley, Mister Manners, Farley, Elaine Swann, Diane Gottsman, Gottsman Organizations: Swann School of, CNBC, Protocol, of Texas Locations: Bankrate, …

☆ I'm an only child who was raised by my grandmother. My childhood was lonely, but I'm still choosing to be child-free.
▼ + stars: | 2024-06-13 | by ( Marissa Higgins | ) www.businessinsider.com time to read: +5 min

I´m in my 30s, but I joke that I´ve been a grandma since birth. I'm an only child, and my grandmother raised me while my parents were out of the picture. My grandmother's house was on a peninsula, a seven-mile stretch of the Atlantic on the south shore of Massachusetts. I'd never been able to see my grandmother from the water and dreaded seeing her become a blurry speck on shore. I also don't trust myself to teach someone about the world when I´ve barely figured it out myself.

Persons: I'm, aren't, ´, couldn't, I'd, —, I've, Lasik, It's, wouldn't Organizations: Service, Pride Locations: Massachusetts, New York, Boston, Atlanta, Seattle, Caribbean, Iceland, Montreal, France

☆ Here are the 'micro pockets' of deflation in May 2024 — in one chart
▼ + stars: | 2024-06-13 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

There are currently some "micro pockets" of deflation in the U.S. economy, said Joe Seydl, a senior markets economist at J.P. Morgan Private Bank. Why prices are deflating for goodsConsumers have largely seen prices deflate for physical goods, such as cars, furniture and appliances, economists said. For example, households have seen prices for furniture and bedding fall by 3.7% since May 2023, according to the consumer price index. watch nowThe U.S. dollar's strength relative to other global currencies has also helped rein in prices for goods, economists said. Travelers have also seen deflation for airline fares (-5.9%), hotels (-1.7%) and car rentals (-8.8%) since May 2023.

Persons: Joe Seydl, Seydl, Michael Pugliese, they've, Hayley Berg, Hopper, Olivia Cross Organizations: Getty, Morgan Private Bank, Consumers, Wells, Wells Fargo Economics, Finance, Federal Reserve, of Labor Statistics, U.S, Canadian, Capital Economics Locations: U.S, Wells Fargo, North America

☆ Inside Henrik Fisker's second failed automotive startup
▼ + stars: | 2024-06-12 | by ( Grace Kay | ) www.businessinsider.com time to read: +18 min

AdvertisementA Fisker spokesperson said it would be "unfair" to compare the two companies. A Fisker spokesperson denied comments that Henrik took on a more passive role and said he was "deeply involved." AdvertisementA Fisker spokesperson said Magna was responsible for testing and releasing the Ocean and it had been fully certified by regulators in the US and Europe. But in the year since the Ocean's release, the company has delivered around 7,000 vehicles, a Fisker spokesperson said. A Fisker spokesperson pushed back on the comments questioning Henrik's business prowess.

Persons: —, Henrik Fisker, Wendy Gruel's, Geeta Gupta, Gupta, Henrik Fisker's, James Bond, Henrik, Fisker, Rivian, Tesla, Phil McCarten, Magna, hadn't, YouTuber, Marques Brownlee, Kurt Mechling, he'd, they'd Organizations: Service, Business, TechCrunch, Aston Martin, BMW Z8, Magna International, Fisker Inc, Apollo Global Management, Tesla, Ford, GM, Magna, Reuters, Fisker, Business Insider, Engineers, Traffic Safety Administration, NHTSA, Technicians, California Bureau of Automotive, BI, New York Stock Exchange Locations: Fisker, Europe, California, Graz, Austria, Panera

☆ With signs of an M&A comeback, Goldman Sachs' bankers are raring to win. Do they still have what it takes following a raft of partner exits?
▼ + stars: | 2024-06-12 | by ( Reed Alexander | ) www.businessinsider.com time to read: +13 min

AdvertisementDavid Solomon Goldman SachsPressure-cooker cultureWith signs suggesting mergers and acquisitions could soon return — including the megadeals Goldman specializes in — the firm's dealmakers are itching to end 2024 on a high note. In M&A, Goldman has fallen to No. AdvertisementMark Sorrell Goldman SachsGoldman is also seeking to become more interconnected across its business lines via the One Goldman Sachs program. "They figure that if they're talking to one person at Goldman Sachs, they're talking to everybody." The result, bankers said, is an M&A machine built to withstand threats like star dealmakers leaving for more-nimble rivals.

Persons: —, Goldman Sachs, Bill Quinn, Goldman, Jacki Zehner, Rishi Bali, Hank Paulson, John Thornton, John Thain, David Solomon, Solomon, Dan Dees, What's, David Solomon Goldman Sachs, Gene Sykes, Alison, It's, LSEG, dealmaking, Goldman dealmakers, Momo Takahashi, We've, Mark Sorrell, Mark Sorrell Goldman Sachs Goldman, Sykes, they're, Sorrell, Dees, it's, Dan Dees Goldman Sachs, we're, John Waldron, Kim Posnett, that's, Timothy Ingrassia, Ingrassia, Stephan Feldgoise, I'm, Reed Alexander Organizations: Service, Business, Goldman, JPMorgan, playbook Bank, Wall Street, Competition, & $ Locations: Silicon Valley, London, New York City, Latin America

☆ We spent $20,980 to see the Formula 1 Grand Prix live. The luxury yacht party and epic balcony views weren't even the best parts.
▼ + stars: | 2024-06-12 | by ( Alyssa Jaffer | ) www.businessinsider.com time to read: +1 min

My fiancé and I splurged on a trip to Monaco for our very first Formula 1 Grand Prix. We also attended a luxurious yacht party and soaked in views of Monaco during the race. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMy fiancé and I saved up to celebrate our recent engagement in style during one of the year's most iconic, expensive weekends: the Formula 1 (F1) Monaco Grand Prix. The F1 Monaco Grand Prix is an annual race for drivers in the highest class of international racing for single-seater formula cars.

Persons: — Organizations: Monaco, Service, Prix, Morning, Business Locations: Monaco, Nice, France, Europe

☆ I'm an ICU doctor. When I needed a liver transplant I learned how vulnerable it is to be a patient.
▼ + stars: | 2024-06-11 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

Dr. Donald Chalfin needed a liver transplant, he learned how to be a better doctor after the experience. AdvertisementI needed a liver transplant, which could have been avoidedMy labs weren't just mildly concerning. Related storiesMy condition may have been reversible if it were caught early, but because I put off taking care of myself, I needed a liver transplant to survive. The New Orleans hospital took the opposite approach. Being a patient made me a better doctorAs a doctor, I'm used to being in control.

Persons: Donald Chalfin, I've, I'm Organizations: Service, Siemens, Area, Business, Google Locations: New Orleans

☆ I spent $650 a night to stay at a Waldorf Astoria hotel in Rome with my daughter. The incredible views weren't even the best part.
▼ + stars: | 2024-06-11 | by ( Julia Diprete | ) www.businessinsider.com time to read: +1 min

Julia DiPreteI'll be honest — I was slightly underwhelmed when our taxi first pulled up to the hotel. The property was huge, but I thought the exterior looked more like a 1970s apartment block than a five-star hotel. The vast space felt like a cross between Scandinavian minimalism and the Palace of Versailles in the best possible way. Modern lines met gold details everywhere, and it worked. Our room wasn't quite ready, but I learned our stay had additional perks because I booked through the AmEx Travel Fine Hotels and Resorts program.

Persons: Julia DiPrete Organizations: Fine, Resorts Locations: of Versailles

☆ My twin sister was my coworker. We confused customers and colleagues, but the experience helped us become closer.
▼ + stars: | 2024-06-11 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewWhen I started working at my local shopping mall in 2016, I brought a swirl of confusion to my coworkers — and customers. My identical twin sister, Aimee, had already worked there for around a year while balancing her studies at dance college. My role involved working alongside my sister in the food court, cleaning tables, assisting customers, and cleaning the restrooms and the managers' offices. It was a great experience, and it made sense that my parents wanted us to work at the shop. If we made a mistake at work or got frustrated with a coworker, we could leave it at the door.

Persons: —, Aimee, isn't Organizations: Service, Business

☆ They left NYC for Bali with their teenagers. 7 years later, their sons are fleeing the nest, and they're selling the villa for $1.89 million.
▼ + stars: | 2024-06-10 | by ( Amanda Goh | ) www.businessinsider.com time to read: +9 min

Amanda Goh/Business Insider"We told them, 'One suitcase each. Amanda Goh/Business InsiderThey knew they wanted to stay near Canggu which is known for its beaches and bustling food scene. Amanda Goh/Business InsiderA cozy, eclectic homeThe couple's six-bedroom home sits in a cul-de-sac, next to a rice field that's been repurposed into a plot to grow cucumbers. The couple has one tip for those who want to build a house in Bali: Don't cut corners. Amanda Goh/Business InsiderKaman added that it might not be wise for anyone without any prior experience to take on such an ambitious project.

Persons: —, Gabi Bondor, Zoltan Kaman, It's, we'd, Bondor, Amanda Goh, Bali didn't, Kaman, aren't, it's Organizations: Service, Green School, Business, Kaman Locations: New York City, Bali, Ubud, New York, Indonesian, India, Vietnam, China, Indonesia, Asia, Canggu, Paris

☆ My son needed brain surgery to stop his seizures. Even though I'm his mom, I had a hard time making decisions.
▼ + stars: | 2024-06-10 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

The author's son was having seizures on a regular basis before his brain surgery. The pandemic delayed Trevor's surgery evaluationsDoctors at Memorial Hermann put Trevor on three different medications, but none of them worked to stop his seizures. A brain surgery to shave away a damaged portion of Trevor's brain looked like the treatment that was most likely to work. Trevor needed tons of testing before he could even be considered for brain surgery. AdvertisementThat's essentially what he did in Trevor's brain.

Persons: Samantha Harney, Trevor didn't, I've, Trevor, he'd, Memorial Hermann, Taylor, Manish Shah, Dr, Shah, he's, He's Organizations: Service, Memorial Hermann Hospital, Business, Memorial Locations: Houston

☆ Can Tim Cook sell you a new iPhone based on Apple's new AI features? It's a huge question for the company.
▼ + stars: | 2024-06-10 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

That's the scenario Apple sketched out Monday, when it tried to explain how it was integrating AI into its ecosystem. But it's also a very real problem for Apple since Apple is in the business of selling expensive, high-margin hardware. AdvertisementBut I do have a third, vibes-based theory about why the AI that Apple showed off didn't blow me away. And during Apple's Monday demo, the company played on both sides of that line: It would tell you that Apple's AI could instantly make your writing better. In Apple's framing, that's AI that's helpful, but not creepy; immediately useful, but not too disruptive.

Persons: —, Apple, it's, we've, Tim Cook, Craig Federighi Organizations: Service, Business, Apple, iPhones, AIs Locations: emojis

☆ An activist investor with a new $1.9 billion stake in Southwest is calling for big changes at the airline
▼ + stars: | 2024-06-10 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

However, Elliott Investment Management said Monday that the airline's decades-old strategies weren't working in modern times, and it's calling for a management and board-of-directors overhaul as part of a plan it's calling "Stronger Southwest." This story is available exclusively to Business Insider subscribers. Elliott said Southwest leadership had a "rigid commitment" to the model it dreamed up decades ago, blaming that for today's shortcomings. Elliott Management, which oversees $66 billion in assets, is one of the world's most feared activist hedge funds. "The significant investment we have made reflects our conviction that, with the right leadership, Southwest can regain its status as an industry-leading airline."

Persons: —, Elliott, Elliot, Raymond James, Savanthi Syth Organizations: Service, Airlines, Elliott Investment Management, Business, Southwest, Elliott Management, Texas Instruments

☆ Stocks making the biggest moves premarket: DraftKings, Carvana, Southwest Airlines, Planet Fitness and more
▼ + stars: | 2024-06-10 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

DraftKings — The sports betting stock added 1.8% after Morgan Stanley reiterated its overweight rating and said shares were again worthy of a top-pick designation. Morgan Stanley said the stock can rally despite concerns around Illinois' legalization of a sports betting tax. Nvidia — Shares were marginally lower ahead of the chipmaker stock's first day of trading after its 10-for-1 stock split . Planet Fitness — Stock in the fitness center chain advanced about 4% on the heels of an upgrade from Jefferies earlier on Monday. Analyst Randal Konik said "the stars have aligned" for Planet Fitness stock, adding that he expects strong franchise unit growth in 2025.

Persons: GoDaddy, Robert Half, Dow, Morgan Stanley, Joseph Moore, Randal Konik, — CNBC's Michelle Fox, Alex Harring, Jesse Pound Organizations: KKR, CrowdStrike, Comerica, Dow Jones, Dell Technologies, Palantir Technologies, AMD —, Nvidia —, Southwest Airlines —, Street Journal, Elliott Investment Management, Carvana, JPMorgan, Energy Global, Jefferies, Fitness Locations: Illinois

☆ How to behave as a superyacht guest
▼ + stars: | 2024-06-09 | by ( Madeline Berg | ) www.businessinsider.com time to read: +8 min

Meantime, Giorgio Armani held a party on his yacht for the likes of Sydney Sweeney and Kerry Washington. Being a guest on a superyacht is probably the best kind of guest to be — but the etiquette aboard the multimillion-dollar vessels comes with its own idiosyncrasies. The very few who need to know them — there are only about 5,800 yachts longer than 30 meters at sea, according to SuperYacht Times — already know them. The price to charter Triumph, a 65-meter superyacht, starts at $650,000 a week. According to the industry standard, owning a superyacht will cost 10% of its new-build price annually.

Persons: —, Mark Zuckerberg, Jeff Bezos, Barry Diller, Bezos, Koru, Bill Gates, Ari Emanuel, Leonardo DiCaprio, Eos, Diane von Furstenberg, Candice Bergen, Emma Thompson, Jason Blum, Giorgio Armani, Sydney Sweeney, Kerry Washington, they're, Rich, Fraser, he'd, Superyachts Organizations: Service, Business, SuperYacht, Palm, Breed Media, Fraser Yachts, Lamborghini Locations: superyachts, Aden

☆ My marriage ended, but my ex-husband and I are still close friends. Some people don't understand our relationship.
▼ + stars: | 2024-06-09 | by ( Kelly Magyarics | ) www.businessinsider.com time to read: +6 min

The saying is ubiquitous on wedding invitations, picture frames, and heart-shaped lockets: "Today, I marry my best friend." And I did marry mine, a wonderful man who became a close friend before anything else. Back then, I believed that best friends made the most compatible partners, and maybe that's true for some couples. During a recent girls' trip, my best friend's friendly ex-husband texted her a picture of his new baby. Ditto for another close friend who I've known since birth, who hangs out with both my ex and me when she visits from Philly.

Persons: —, He's, texted, we're, I've, cordiality, aren't, they're Organizations: Service Locations: Philly

☆ Reflecting on a bad market call 25 years ago reminds me to look for what can go right
▼ + stars: | 2024-06-09 | by ( Jim Cramer | ) www.cnbc.com time to read: +8 min

When your job is to write a commentary about the stock market you start with a blank Word document. I bring up this mortifying moment because it reminds me of what happens if you write to extreme. No, nobody's saying, "How wrong Cramer can be, just watch the collapse that occurs now." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim Cramer on Squawk on the Street, June 30, 2022.

Persons: Cramer, Karen Cramer, bullish, that's, Bob Dylan, Mike Wilson, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim, Squawk, Virginia Sherwood Organizations: Cramer & Co, Federal Reserve, Nvidia, Water, Hamptons, CNBC Locations: Water, New York City, John

I tested the Shark Matrix Plus in my 1,650-square-foot home over the course of six months. Read on for my full experience testing the Shark Matrix Plus 2-in-1 Robot Vacuum. Lauren Savoie/Business InsiderThe Shark Matrix Plus 2-in-1 Robot Vacuum has four main components: the robot, its self-emptying docking base, a vacuum attachment, and a mopping attachment. I notice a significant difference in how the carpeting looks after a 15-minute standard clean versus a 45-minute Matrix clean. AdvertisementThe bottom lineI've been using the Shark Matrix Plus for weekly cleanings for nearly a year now.

Persons: vacuums, Lauren Savoie, I've, Rosie, It's, I'm, it'll, it's, We've, We're Organizations: Business, Brands, Omni

☆ Losing my dog was the hardest thing ever. But I'm grateful for the time we got together.
▼ + stars: | 2024-06-09 | by ( Alyshia Hull | ) www.businessinsider.com time to read: +6 min

Read previewMy morning routine was simple: wake up, get dressed, let my dog out, and pour our breakfasts. And although I wanted to cling to hope, my dog was dying, and I knew I couldn't let him suffer. Since losing him, I realized pet loss feels like losing a family member; that's true, but it begins before then. AdvertisementFor me, grieving Taco didn't start when he died or when the vet said he was terminal. It started when I realized the miracle I was begging for, "please save my dog," was never coming.

Persons: —, Taco, couldn't, Lyme nephritis, he'd, I'd, Taco didn't Organizations: Service, Business

☆ I lost over 200 pounds without surgery or drugs. I just got really strict with what I was eating.
▼ + stars: | 2024-06-08 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

No one knows more about losing weight than a fat person. Then, I lost over 200 pounds and realized that we need more compassion and nuance when it comes to talking about weight. I was super strict, and over the next 14 months I lost 200 pounds. I can love my (still fat) body while also making it as healthy as possible, which might involve losing weight. When I weighed 420 pounds, the idea of climbing Mount Everest would have seemed more reasonable than losing 200 pounds.

Persons: Ian Karmel, Alisa Karmel, we've, —, à, Austin Powers, Alisa, I've Organizations: Service, Business, Panda Express

☆ Sports Illustrated ex-publisher wants $200 million from Authentic Brands Group, saying it stole website and employees
▼ + stars: | 2024-06-07 | by ( Jack Newsham | Laura Italiano | ) www.businessinsider.com time to read: +4 min

In late 2023, the Arena Group lost the rights to publish SI, its best-known brand, after the 5-Hour Energy creator Manoj Bhargava took over Arena and missed a licensing payment to Authentic Brands Group. ABG awarded the publishing license to Minute Media and sued Bhargava for $49 million, accusing him of acting like a "gangster" in their negotiations. Bhargava's lawsuit adds to the morass of legal actions that have formed around the Arena Group. In early April, ABG sued Arena and Bhargava over the missed licensing payment and a $45 million termination fee. Ross Levinsohn, the Arena CEO who was fired in 2023 when Bhargava took over, has also sued Arena, claiming he was retaliated against.

Persons: —, Manoj Bhargava, ABG, Bhargava, Privately, Steve Janisse, Janisse, we're, Ross Levinsohn, Levinsohn, Media didn't Organizations: Service, Sports, Arena Group, Energy, Arena, Authentic Brands, Media, Business, Group, Capital Partners, BlackRock, Capital, ABG, CVC didn't, Forbes, Arena's, Front Office Locations: ABG

☆ I'm an ex-Google recruiter and head of talent at DoorDash. PIPs should stand for 'paid interview period' — if you're put on one, get out fast.
▼ + stars: | 2024-06-06 | by ( Ashley Couto | ) www.businessinsider.com time to read: +5 min

Then, I became the head of recruiting at DoorDash and later the chief people officer at Carta, a pre-IPO equity management company for startups. My first experience with PIPs was at DoorDashDoorDash was the first place I encountered performance improvement plans or PIPs. When I joined as the head of talent in March 2015, I was the company's 50th employee. To be candid, I've never seen somebody survive a PIP. I've never heard of somebody who went on a PIP and became a top performer at that company.

Persons: —, Nolan, I've, DoorDash, weren't, it's Organizations: Service, Nolan Church, Google, Carta, Business Locations: DoorDash, Carta

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