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☆ The Humiliation of Davos Man
▼ + stars: | 2024-01-16 | by ( Walter Russell Mead | ) www.wsj.com time to read: 1 min

Walter Russell Mead is the Ravenel B. Curry III Distinguished Fellow in Strategy and Statesmanship at Hudson Institute, the Global View Columnist at The Wall Street Journal and the James Clarke Chace Professor of Foreign Affairs and Humanities at Bard College in New York. He is also a member of Aspen Institute Italy and board member of Aspenia. Before joining Hudson, Mr. Mead was a fellow at the Council on Foreign Relations as the Henry A. Kissinger Senior Fellow for U.S. Foreign Policy. He has authored numerous books, including the widely-recognized Special Providence: American Foreign Policy and How It Changed the World (Alfred A. Knopf, 2004). Mr. Mead’s next book is entitled The Arc of A Covenant: The United States, Israel, and the Future of the Jewish People.

Persons: Walter Russell Mead, Curry, James Clarke Chace, Mead, Henry A, Alfred A ., Mead’s Organizations: Hudson Institute, Wall Street Journal, Foreign Affairs, Humanities, Bard College, Aspen Institute, Hudson, Council, Foreign Relations, Kissinger, U.S . Foreign, Providence, Alfred A . Knopf, Jewish People Locations: New York, Aspen Institute Italy, United States, Israel

☆ The new architecture set to shape the world in 2024
▼ + stars: | 2024-01-10 | by ( Oscar Holland | ) edition.cnn.com time to read: +11 min

Kéré’s Berlin-based firm says the building’s top-heavy appearance was inspired by the palaver tree, which traditionally served as a meeting place. Designed for developer s2e Technologies by US architecture firm Gensler, the four circular residential structures can accommodate a combined 84 households. But it is perhaps Bjarke Ingels, founder of Danish design firm BIG, that has had the greatest impact on the city’s once modest skyline. The first restored sections are set to be ready in time for this summer’s Paris Olympics. Norwegian architecture firm Snøhetta and local practice Blight Rayner — who together beat more than 20 entries in an international competition — say that the design was inspired by the flow of the Brisbane River.

Persons: David Chipperfield, Francis Kéré, Kéré, China Stefano Boeri, Bosco, Stefano Boeri, Mestres Wåge, Nicolai Tangen, NBBJ, Dror, EPIQ, Ecuador Uribe Schwarzkopf, Bjarke, Moshe Safdie, Jean Nouvel, Ma Yansong, Ingels, France Chatillon Architectes, Notre Dame isn’t, Chatillon, Nikken Sekkei, ”, “, Blight Rayner —, Aunty Lilla Watson Organizations: CNN, superlatives, Malaysia’s, Benin National Assembly, Forest, Kunstsilo, Keppel South, Enclave, s2e Technologies, Bjarke Ingels, BIG, UNESCO, Heritage, Notre Dame, Palais, Beaux -, Chatillon Architects, UAE Kerzner, United, “ Michelin, New York Times, Gang, Queensland Performing Arts Centre, Queensland Performing Arts Locations: India, Benin, Porto, Novo, Burkina Faso, Kéré’s Berlin, Nanjing, China, Milan, Italy, Europe, China’s, Kristiansand, Norway, Norwegian, Keppel, Keppel South Central, Singapore, London, Canada, London , Ontario, Quito, Ecuador, Bjarke Ingels Quito, Parque La Carolina, Paris, France, Dubai, UAE, United Arab Emirates, Hotel, Denver, USA, Denver , Colorado, Urban, Brisbane, Australia, Australian

☆ My family has traveled to 20 states and 20 countries. My young kids have been everywhere from Colombia, to Turks and Caicos, to Florida.
▼ + stars: | 2024-01-09 | by ( Taryn White | ) www.businessinsider.com time to read: +6 min

My parents introduced me to traveling with road trips, and I've done the same with my kids. AdvertisementAs a child, I eagerly awaited the annual road trips across the US with my parents and two siblings. On our trips, we've learned everything from the art of lei-making in Maui to the Black history of Cartagena. In 2018, Taryn White and her family went to Medellin, Colombia, and stopped to enjoy some colorful street art. Taryn White and her family have been all over the world together, from Aspen to Turks and Caicos.

Persons: I've, —, we've, they're, Taryn White, it's, We've, Hvar's Organizations: Service, Virginia, Virginia Aquarium Locations: Myrtle Beach, Saint Kitts, Nevis, Maui, Cartagena, Portugal, Bahamas, Medellin, Colombia, Aspen, Bend, Shenandoah, Virginia Beach, Bradenton , Florida, Caicos, Grace Bay, Douro, Algarve, Turks, Czech Republic, Hungary, Croatia, Prague, Budapest, Hvar

☆ Insurer Aspen chooses New York over London for $4 bln IPO - FT
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +1 min

Dec 3 (Reuters) - Aspen Insurance (AHL_pc.N) is targeting its $4 billion initial public offering next year in New York instead of London partly due to management concerns about valuations and more stringent listing requirements in Britain, the Financial Times reported on Sunday. Bermuda-based Aspen, owned by private equity group Apollo, is being advised by Goldman Sachs, Citi and Jefferies on an IPO planned for the first half of next year, the report said, citing people familiar with the matter. Greater liquidity in the United States was also an important factor, it added. An Aspen spokesperson declined to comment on the report. Reporting by Shivani Tanna and Surbhi Misra in Bengaluru; Editing by Alison Williams and Will DunhamOur Standards: The Thomson Reuters Trust Principles.

Persons: Goldman Sachs, Shivani Tanna, Surbhi Misra, Alison Williams, Will Dunham Organizations: Aspen Insurance, Financial Times, Aspen, Citi, Jefferies, London, Thomson Locations: New York, London, Britain, Sunday, Bermuda, United States, Bengaluru

☆ Getting Bottas naked looks great in this F1 driver's new calendar
▼ + stars: | 2023-12-02 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +2 min

F1 driver Valtteri Bottas is supporting men's health research with his "Bottass" calendar. According to Reuters, after selling more than 10,000 calendars, Bottas raised about $150,000 for the Movember charity. On the last day of Movember, Bottas posted a photo to his Instagram thanking his followers for their support. "I think with men as well, like Movember, focusing on men's health, many people are quite afraid of speaking about those kinds of things," Bottas told Speedcafe. "She doesn't really understand English that well, and she had seen some videos I had posted," he told Speedcafe.

Persons: —, Valtteri Bottas, Bottas, Speedcafe Organizations: Service, Reuters, WE, Las Vegas, Prix Locations: Aspen , Colorado, Asspen , Colorado

☆ Here are Friday's biggest analyst calls: Tesla, Boeing, Amazon, Delta, Spotify, Alibaba, Johnson & Johnson and more
▼ + stars: | 2023-12-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are the biggest calls on Wall Street on Friday: Stifel initiates Boeing at buy Stifel said it sees a "favorable" setup for Boeing shares. Citi downgrades Spotify to neutral from buy Citi said in its downgrade of Spotify that the risk/reward is less compelling. Jefferies initiates Arcos Dorados as a buy Jefferies said the Latin American McDonald's franchisee is a "consistent compounder." Jefferies initiates CSG Systems as buy Jefferies said in its initiation of the software-as-a-service company that it sees burgeoning growth. Jefferies initiates Amdocs as buy Jefferies said it sees opportunity for the Israel-based software and systems integration supplier. "

Persons: Stifel, TD Cowen, Morgan Stanley downgrades Alibaba, Morgan Stanley, it's, Alibaba, Tesla, Cantor Fitzgerald, Cantor, Jefferies, Piper Sandler, TXRH, Wells, Wells Fargo, Emerson, Oppenheimer, Goldman Sachs, Bonnie Herzog's, MarketWise, Redburn, Johnson Organizations: Boeing, Delta, Air Lines, Citi, Spotify, RBC, Western Alliance, Novo Nordisk, Arcos, American, Crescent Energy, Fortrea Holdings, ISI, Aspen Technology, Emerson, JPMorgan, Constellation Brands, Constellation, UBS, Bank of America, Norfolk Southern, of America, Norfolk, CSG Systems, Communication Service, Financial Services, Technology, Healthcare, Westinghouse, Johnson, Innovative Medicine, Pharmaceutical Locations: Europe, China, Arcos, 4Q24, reaccelerate, Aspen, Norfolk, Israel

☆ Former Apple Exec Lists Aspen Home for $45 Million
▼ + stars: | 2023-11-30 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

As Apple ’s vice president of real estate, design, and construction for 13 years, Bob Bridger helped design the tech giant’s glassy, expansive stores. When he built a home in Aspen, Colo., after leaving Apple in 2015, he brought some of that sensibility to the contemporary estate, which has floor-to-ceiling windows and a “clubhouse” building with a glass garage door. Through Bridger’s relationships with vendors from his time at Apple, he connected with the owners of a quarry in Marble, Colo., and was able to handpick the stone in the house. After several years of construction, the property was completed in 2022, and Bridger is now putting it on the market for $45 million.

Persons: Apple ’, Bob Bridger, Bridger Organizations: Apple Locations: Aspen, Colo, Marble

It’s hard to say precisely when Silverton, Colo., started to come apart, but the town election of April 7, 2020, might be a good moment to begin the story. That was when a young, progressive New York lawyer and adventure skier named Shane Fuhrman beat the longtime fire chief Gilbert Archuleta, part of Silverton’s old guard, by 10 votes to become the new mayor. To supporters, mainly of his generation, Fuhrman, 42, represented progress. After working at top finance firms in Manhattan, he had returned to his native Colorado and renovated the old Wyman Hotel on Greene Street, not in the mountain-town Victorian style of the Grand Imperial a block away, but as an elegant, hip boutique inn, with rooms going for as much as $385 a night. To Fuhrman’s opponents in the former mining town of 796 residents, he was the incarnation of the T Word, Telluride, and the A Word, Aspen, with their staggering housing prices, luxury outposts and billionaire denizens.

Persons: Shane Fuhrman, Gilbert Archuleta, Wyman Organizations: Aspen Locations: Silverton, Colo, New York, Manhattan, Colorado, Greene, Imperial, Telluride

☆ Living in a ski town sounds like a dream. But the reality is crushingly expensive.
▼ + stars: | 2023-11-19 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Ski towns are so expensive that workers struggle to afford local housing and stay in their jobs. Vail, Colorado has spent $17 million paying homeowners to rent to local workers, according to the Wall Street Journal. The typical home value in Breckenridge was $1.1 million in October, while in Vail, 40 miles west, it was $1.6 million, according to Zillow. He told Business Insider earlier this year that the worker exodus from Vail has forced his business to stop offering lunch some days. Advertisement"Teachers, like myself, want to stay here in the community, but doing so requires the stability that homeownership can offer," Weibel told Business Insider.

Persons: —, Callie Kuchan, Business Insider's Jordan Pandy, Kuchan, Pandy, Vail, George Ruther, Ruther, he's, Paul Anders, Anders, Allison Weibel, Weibel Organizations: Wall Street, Service, Business, Street Journal, US Department of Housing, Urban, Policy Development, Research, Vail Daily, Vail Locations: Vail , Colorado, Breckenridge , Colorado, Illinois, Chicago, Breckenridge, Vail, Aspen, , Montana

☆ David Del Tredici, Who Set ‘Alice’ to Music, Dies at 86
▼ + stars: | 2023-11-18 | by ( Allan Kozinn | ) www.nytimes.com time to read: +2 min

David began his piano studies when he was 11 and was 16 when he gave his first public performance, in San Francisco in 1954. By the time he was 18, he had won a handful of scholarships and awards, including the $5,000 John E. Kimber Prize, in 1955, which covered his piano studies for several years. “He yelled at me and was very severe, and I didn’t realize, coming from California, that all he really was, was a New Yorker,” Mr. Del Tredici told American Public Media in 2002. Mr. Milhaud was encouraging, and when Mr. Del Tredici returned to Berkeley, he enrolled in a composition class taught by Seymour Shifrin. He later pointed out that he had never been composer of 12-tone music, the radical departure from traditional tonality pioneered by Arnold Schoenberg.

Persons: David, John E, Kimber, Leonard Shure, ” Mr, Del Tredici, “, ‘, ”, Darius Milhaud, Milhaud, Seymour Shifrin, La Monte Young, Terry Riley, Pauline Oliveros, Earl Kim, Roger Sessions, Arnold Schoenberg Organizations: University of California, Aspen Music Festival, School, New Yorker, American Public Media, La, Princeton University, Times Locations: San Francisco, Berkeley, California, New, La Monte

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Disney, Microsoft, AMD, Amazon, Adobe & more
▼ + stars: | 2023-11-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley downgrades Freyr Battery to equal weight from overweight Morgan Stanley said the battery maker faces "significant challenges." Barclays upgrades Fortrea to overweight from equal weight Barclays said in its upgrade of the health contract research company that it sees improved bookings. Barclays upgrades Mosaic and Nutrien to overweight from underweight Barclays upgraded several potash and aggriculture companies and said a compelling entry point. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by its overweight rating on shares of Tesla . Barclays reiterates Disney as equal weight Barclays said it's having trouble finding upside for Disney shares.

Persons: Wells, Needham, Docebo, Morgan Stanley downgrades Freyr, Morgan Stanley, FREY, Andrew Stanleick, Bernstein, Redburn, Goldman Sachs, Goldman, it's, Baird, Kraft Heinz, Miguel Patricio, " Roth, Marvell, Roth, Tesla, laggards, Evercore, TD Cowen, Cowen, We've Organizations: Microsoft, TAM, Deutsche Bank, Deutsche, UBS, Barclays, Mosaic, NTR, ICL, OW, UW, JPMorgan, Apple, Nvidia, Aspen Technology, Kraft, Marvell Technology, Devices, Tesla, Adobe, Disney Locations: BeautyHealth, U.S

☆ Biden-Xi summit will be good for the United States, says Aspen's Anja Manuel
▼ + stars: | 2023-11-13 | 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 EmailBiden-Xi summit will be good for the United States, says Aspen's Anja ManuelAnja Manuel, Aspen Strategy Group's executive director, joins 'The Exchange' to discuss the upcoming Biden-Xi meeting, the Boeing freeze, and more.

Persons: Aspen's Anja Manuel Anja Manuel Organizations: Biden, Aspen Strategy, Boeing Locations: United States

☆ The Best Ski Resorts for Every Type of Skier: 2023 WSJ Ski Awards
▼ + stars: | 2023-11-10 | by ( Jen Rose Smith | Tom Corrigan | ) www.wsj.com time to read: +1 min

FOR AVID SKIERS, the first crisp days cue the desire for a snowy escape. The basic recipe: Take one mountain, add fresh powder and serve with a mug of hot cocoa. Overall Rank Resort Province / State 1 Whistler Blackcomb British Columbia 2 Palisades Tahoe California 3 Jackson Hole Mountain Resort Wyoming 4 Snowbird Ski Resort Utah 5 Mt. Bachelor Oregon 6 Aspen Snowmass Colorado 7 Mammoth Mountain Ski Area California 8 Winter Park Resort Colorado 9 Big Sky Resort Montana 10 Breckenridge Resort Colorado Full rankings and methodology available here. We then combined those results with data focused on categories of skiers to yield even more tailored lists, with families, ambitious experts or regional loyalists in mind.

Organizations: Whistler, Tahoe, Bachelor Oregon, Aspen Snowmass, Resort, Breckenridge Locations: Province, British Columbia, Tahoe California, Wyoming, Utah, Bachelor, Aspen Snowmass Colorado, Area, Colorado, American

☆ China health sector sees better sentiment from anti-graft drive - execs
▼ + stars: | 2023-11-09 | by ( Andrew Silver | ) www.reuters.com time to read: +2 min

SHANGHAI, Nov 9 (Reuters) - Business activities in China's healthcare sector are returning from a sudden near freeze that began in July when Beijing kicked off a year-long anti-corruption campaign, two foreign industry executives said. The campaign targets the bribing of doctors in drug and medical equipment sales and marks a sharp escalation of an anti-corruption drive in the sector that started years ago. The latest campaign has sent a chill through the sector, pummeling healthcare stocks and prompting some firms to cancel IPOs. The anti-graft drive initially caused huge business disruptions and many multinational pharmaceutical firms lost engagement with hospitals, executives said. China is one of the biggest healthcare markets for global healthcare companies but their business sentiment has turned fragile this year due to factors including the anti-graft drive.

Persons: We’ve, Larry Merizalde, Merizalde, Andrew Silver, Miyoung Kim, Robert Birsel Organizations: Beijing, Reuters, South, AstraZeneca, National Health Commission, Thomson Locations: SHANGHAI, China, Shanghai

☆ Morning Bid: Rates buzz sustained before Fed loan data
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +5 min

A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021. Ten-year U.S. Treasury yields have fallen about 50bps from October's peaks and the drop last week was the biggest recoil since March. For now, S&P500 futures are pointing to further slight gains on Monday - which if realized on the cash market later would make for the sixth straight gain and the longest daily run since June. Undermined by the retreat in Treasury yields, the dollar (.DXY) slipped back to the lowest since Sept 20. The backdrop of an easier dollar and Treasury yields provides significant relief for emerging markets, with MSCI's emerging market stock index (.MSCIEF) hitting its highest since Sept 20 too.

Persons: Brendan McDermid, Mike Dolan, Jerome Powell, underscoring, Janet Yellen, Lisa Cook, Huw Pill, Bernadette Organizations: Wall, REUTERS, Federal Reserve, Treasury, U.S, Pacific Rim, South, Ryanair, Europe's, Goodyear Tire &, Aspen, Conterra Energy, Constellation Energy, Diamondback Energy, Vertex Pharmaceuticals, NXP Semiconductors, Bank of England, Reuters, Reuters Graphics Reuters, Thomson Locations: New York, U.S, Gaza, China, Western, San Francisco, South Korean, Asia, Europe, Telesat

☆ A Winning Bid or $86.5 Million Might Score You an Aspen Home and a 4,200-Acre Ranch
▼ + stars: | 2023-11-02 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

A renovated home in Aspen, Colo., is set to be sold via auction as a package deal with a ranch about 30 miles away. The sellers are entrepreneur Daniel Burrell and his wife, Nikola Burrell. Daniel Burrell said he paid $19.5 million for the estate on Aspen’s Red Mountain in 2017, then spent years on the renovation before moving in about a year ago. The Burrells bought the roughly 4,200-acre ranch, which they use as a getaway, for around $18.5 million in 2021, he said.

Persons: Daniel Burrell, Nikola Burrell Organizations: Burrells Locations: Aspen, Colo

☆ Opinion | Older Americans Are Winning the Economic War of the Generations
▼ + stars: | 2023-10-27 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

If there is a war of the generations, we older Americans are winning it. As evidence, I present two remarkable charts, which are my versions of charts made by the Center on the Economics and Demography of Aging at the University of California, Berkeley. The charts show a big increase since 1960 in the consumption of goods and services by people over 60, with the biggest increase among people 75 and older. The charts show average consumption per individual, not total consumption by the (growing) cohort of the old. Rightly or wrongly, Congress is choosing spending on the old over spending on the young.

Persons: it’s, Melissa Kearney, Luke Pardue Organizations: Center, University of California, Social, Aspen Economic Locations: Berkeley, United States

☆ FTC plans to hire child psychologist to guide internet rules
▼ + stars: | 2023-10-23 | by ( Lauren Feiner | ) www.cnbc.com time to read: +3 min

The Federal Trade Commission plans to hire at least one child psychologist who can guide its work on internet regulation, Democratic Commissioner Alvaro Bedoya told The Record in an interview published Monday. FTC Chair Lina Khan backs the plan, Bedoya told the outlet, adding that he hopes it can become a reality by next fall, though the commission does not yet have a firm timeline. Surgeon General issued an advisory in May that young people's social media use poses significant mental health risks. Bedoya told The Record that it's "absolutely part of that tradition of systematically expanding our expertise." "If someone is making an allegation about mental health harms, I have no full-time staff who are experts in the psychology of it."

Persons: Alvaro Bedoya, Lina Khan, Bedoya, Douglas Farrar, I've, Aspen Institute's Vivian Schiller Organizations: Federal Trade Commission, Democratic, FTC, CNBC, ., U.S, Privacy, Technology, Georgetown University Law Center, Aspen Locations: Federal, U.S

☆ X has become a cesspool of mis- and disinformation, says Aspen Institute's Vivian Schiller
▼ + stars: | 2023-10-23 | 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 EmailX has become a cesspool of mis- and disinformation, says Aspen Institute's Vivian SchillerVivian Schiller, executive director of Aspen Digital at The Aspen Institute and former Twitter global news chair, joins 'Squawk Box' to discuss the digital fog of war, the spread of misinformation on social media from the Israel-Hamas war, and more.

Persons: Aspen Institute's Vivian Schiller Vivian Schiller Organizations: Aspen, Aspen Digital, The Aspen Institute, Twitter Locations: Israel

☆ Appeasing Iran Has Failed
▼ + stars: | 2023-10-18 | by ( Walter Russell Mead | ) www.wsj.com time to read: 1 min

☆ A Middle East Wake-Up Call
▼ + stars: | 2023-10-16 | by ( Walter Russell Mead | ) www.wsj.com time to read: 1 min

☆ Bumble CEO: Here are the 'crazy hacks' I used to grow my app into a $1.9 billion company—one of them cost only $20
▼ + stars: | 2023-10-15 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Bumble had a "modest budget" at the time, Wolfe Herd said in a MasterClass course released on Thursday. Instead of traditional marketing campaigns, Wolfe Herd put together a series of "crazy hacks" to drum up interest in her Austin, Texas-based startup, she said. Wolfe Herd used a similar tactic with college fraternities, dropping off pizza with branded bumblebee stickers slapped onto the cardboard boxes. For Wolfe Herd, the momentum was validating. Seven years after launching the app, Wolfe Herd became the youngest female founder in history to take a company public.

Persons: Whitney Wolfe Herd, Bumble, Wolfe Herd, —, Fortune, Andrey Andreev, Forbes, She'd, Wolfe Organizations: Badoo, Aspen Ideas, Bumble Inc, CNBC Locations: Austin , Texas, Aspen , Colorado

☆ American kids are facing an epidemic of loneliness. Overhauling youth sports could help fix that.
▼ + stars: | 2023-10-08 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +14 min

AdvertisementAdvertisementA Hooptown Youth League game. While Americans of all ages are vulnerable to loneliness, young people are particularly at risk. Data on grade-school-aged children is limited in the US, but research in other countries has found that young children aren't immune to these problems. One of the few studies to explore sports participation's connection to youth loneliness was conducted by European researchers in 2019. A Hooptown Youth League game.

Persons: —, Nancy Curtin's, we'd, Mike Nilson, Gonzaga University's, Nilson, Chris Elam, It's, Vivek Murthy, General's, John Ewing, they're, There's, Charlie Riedel, Matt Hoffmann, Hoffman, Jon Solomon, — Solomon, David J, Phillip Solomon, Solomon, Curtin Organizations: Service, Hooptown, League, YMCA, Amateur Athletic Union, AAU, Portland Press, Getty, Sports, Fitness Industry Association, National Federation of State High School, Team, Kansas City Royals, Oakland Athletics, Cal State Fullerton, Aspen Institute's Sports, Society Program, Aspen Institute, CDC, rec, Aspen, Spokane — Locations: Oregon, Spokane , Washington, Spokane, Kansas City, Mo

☆ The leading Democratic challenger to Lauren Boebert raised $3.4 million in the third quarter, a mega haul that comes as the GOP congresswoman has faced widespread criticism over her public conduct
▼ + stars: | 2023-10-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Democrat Adam Frisch raised nearly $3.4 million in Q3 in his quest to defeat Lauren Boebert in 2024. Frisch has so far raised about $4.4 million in the fight for Colorado's 3rd Congressional District. AdvertisementAdvertisementThe leading Democratic candidate running against Republican Rep. Lauren Boebert of Colorado in 2024 raised nearly $3.4 million in the third quarter, according to recent campaign finance reports. "I am deeply humbled by the over 100,000 individual donations that were made to our campaign this quarter to defeat Lauren Boebert," Frisch said in a statement on Thursday. AdvertisementAdvertisementFrisch, a former Aspen city councilman, has so far raised nearly $4.4 million for the race, compared to Boebert's roughly $1.6 million haul, according to Federal Elections Commission financial summaries.

Persons: Adam Frisch, Lauren Boebert, Frisch, —, Boebert —, Boebert, Donald Trump, MSNBC's Symone Sanders, Townsend Organizations: Colorado's, Congressional District, Republican, Service, Democratic, Republican Rep, Boebert, Congressional, GOP, Capitol, Denver Locations: Colorado, Southern Colorado, Aspen, Denver

☆ Insuring your home in Colorado can cost $40,000 as the climate crisis wreaks havoc on the market, one insurance CEO said
▼ + stars: | 2023-10-05 | by ( Dan Latu | ) www.businessinsider.com time to read: +4 min

AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Oscar Seikaly, CEO at NSI Insurance Group, which is based in Florida but underwrites policies nationally, about skyrocketing insurance premiums and how unpredictable disasters around the country raise prices for everyone. Over the past 10 years, insurance premiums have changed dramatically. AdvertisementAdvertisementTake the average house in Aspen: You have $5 million for the house, $3 million for the contents, another $2 million for loss of rents. All these insurance companies have to buy from reinsurance companies and there's only three or four main ones in the world. When you buy a $5 million house or a $10 million house, paying $30,000 or $20,000 a year is not going to make a difference.

Persons: Oscar Seikaly, Seikaly, —, that's Organizations: Service, NSI Insurance Locations: Aspen, Florida, California, Colorado, Northern California

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