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Insider Today: Skip the supplements
  + stars: | 2024-04-20 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +5 min
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The singer's rollout strategy for "The Tortured Poets Department" — releasing zero singles and barely promoting — is a true power move. Bernadette RankinThis week's dispatchGet into destination dupesAre you sick of high prices to travel to your favorite destination across the pond? AdvertisementAccording to Expedia, one of the biggest trends of 2024 is destination dupes — places where you can travel for way less. More of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor-in-chief, in New York.
Persons: , Taylor, Bernadette Rankin, Expedia, That's, Graham Denholm, Chelsea Jia Feng, Taylor Swift, Amy Sussman, WireImage, Alex Garland, Garland, Michael Pollan, Tabitha Soren, subjug, Tyler Le, Broccoli, Carl Juste, Rebecca Zisser, Birkin, Robert Durst, Riley Keough, Lily Gladstone fictionalizes, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Department, Business, Boeing, Danish, Mount, Rights Management, Chelsea, Poets Department, Defense, Food, Miami Herald, Tribune, Getty, Augusta National Golf, Hulu Locations: California, Copenhagen, Netherlands, Mount Vernon , Washington, Paris, New York City, New York
Read previewA Seattle guaranteed basic income pilot gave low-income residents $500 a month to help reduce poverty. The Workforce Development Council of Seattle-King County launched a 10-month guaranteed basic income pilot program with 102 participants in fall 2022. Over a quarter of participants reported acquiring disability insurance in their new jobs, which none of them had in their previous jobs. However, many of the pilot programs are funded privately by philanthropy or by federal relief funds. Republicans in several state legislatures have pushed efforts to ban basic income programs in their states.
Persons: , Marie Kurose, Chase Bank — Organizations: Service, Workforce Development, of Seattle, King County, Business, Seattle, Employment Security Department, Chase Bank Locations: King, King County
The new tents popped up — one, two, three — on Columbia’s campus. If university officials thought that getting rid of the encampment, or arresting more than 100 protesters, would persuade students to give up, they may have been very wrong. By Thursday night, the tents had disappeared. But scores of students took over a campus lawn. Planning to stay all night, they were in a rather upbeat mood, noshing on donated pizza and snacks.
Persons: , Layla Saliba Organizations: School of Social Locations: Columbia’s, Israel, Palestinian, American
Read previewA Seattle-area guaranteed basic income pilot gave low-income residents $500 a month to help reduce poverty. The Workforce Development Council of Seattle-King County launched a 10-month guaranteed basic income pilot program with 102 participants in fall 2022. Over a quarter of participants reported acquiring disability insurance in their new jobs, which none of them had in their previous jobs. However, many of the pilot programs are funded privately by philanthropy or by federal relief funds. Republicans in several state legislatures have pushed efforts to ban basic income programs in their states.
Persons: , Marie Kurose, Chase Bank — Organizations: Service, Workforce Development, of Seattle, King County, Business, Employment Security Department, Chase Bank Locations: Seattle, King, King County
The Big Number: $76,535
  + stars: | 2024-04-19 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Her starting pay for the Fever — the Women’s National Basketball Association team that selected her as the No. 1 draft pick on Monday — is part of a four-year contract that will total $338,056. But to some fans, it still seemed startling low for someone with her star power — especially compared with what her male counterparts in the National Basketball Association make.
Organizations: National Basketball Association
DisparityThanks to its multi-billion-dollar TV deals, the Premier League is often celebrated as a UK Inc. success story. Andrew Powell/Liverpool FC/Getty ImagesBy targeting talents from lower-league academies, Premier League clubs don’t have to pay inflated transfer fees. The mooted introduction of an independent regulator comes against the backdrop of some Premier League clubs falling foul of the Premier League’s Profitability and Sustainability Rules (PSR). Earlier this month, Everton were handed a further two-point deduction for allegedly breaching Premier League financial rules. Relegated from the Premier League in 2023, Leicester denies any wrongdoing and opened legal proceedings against the Premier League and the EFL, but could face a points deduction if found guilty.
Persons: Abu, , Kieran Maguire, Marie Antoinette ”, Marie Antoinette, – James McConnell –, Gabriele Biancheri, James McConnell, Bobby Clark, Andrew Powell, Caroline Dinenage, Maguire, Richard Masters, ” Maguire, , , ” Masters, Phil Noble, we’ve, It’s, Mike Egerton, they’ve Organizations: CNN —, Manchester City, League, Reading FC –, Reading, English Football League, CNN, British, Premier League, Inc, Sunderland, Manchester United, Cardiff City, Liverpool, Chelsea, Liverpool FC, Getty, Premier League clubs, Culture , Media, Sport Committee, Premier League clubs “, Premier League’s, ” CNN, The Times, European Super League, National League, Everton, Nottingham Forest, Manchester City –, Reuters, Nottingham, “ Premier League, Leicester City, Leicester Locations: Istanbul, Manchester, Abu Dhabi, France, Europe, England’s, Britain's
The Massachusetts Institute of Technology, New York University and Brown University have recently taken swift and decisive action against student protesters, including making arrests. And on Thursday, Columbia University hit its limit with student protesters who had set up dozens of tents on campus, sending in the New York Police Department to make arrests. Image At Columbia, officials cracked down on students who had erected tents on campus. Muncy for The New York TimesImage The New York Police Department arrested protesters at Columbia University. “But now we’re seeing that as an immediate response.”In her congressional testimony, Dr. Shafik revealed that 15 Columbia students have been suspended in recent weeks.
Persons: , Santa J, Ono, , Nemat Shafik, Recalibrating, Rosy Fitzgerald, didn’t, Shafik, Nicole Hester, Donald J, Daniel Diermeier, Vanderbilt, “ They’re, Diermeier, , Tracy Arwari, Ms, Arwari, Suzanne Nossel, Nossel, Amanda Andrade, Rhoades, Ezri Tyler, Tyler, Dan Korobkin, Colleen Mastony, Jacob Mchangama, Mr, Mchangama Organizations: University of, University of Michigan, Massachusetts Institute of Technology, Massachusetts Institute of Technology , New York University, Brown University, Columbia University, New York Police Department, Columbia, Credit, The New York Times, Columbia University . Credit, The New York Times College, Republican, Institute for Middle, Vanderbilt, USA, Network Vanderbilt University, Pomona College, School, Pomona, PEN America, The New York Times Students, , American Civil Liberties Union, Locations: Santa, Massachusetts Institute of Technology ,, Columbia, C.S, Muncy, Israel, Vietnam, Southern California, Pomona, , Michigan, . Michigan
And that's, that's the whole idea of it. Tom ChittySo if I go and buy bitcoin, the bitcoin I buy is fresh bitcoin that's been mined, not someone who's selling bitcoin is that right? Arjun KharpalThe likelihood is if you buy bitcoin, if we go on an exchange and buy bitcoin, we're selling bitcoin that's in existence already. And so what they say is, well, with the halving, you know, bitcoin will not be devalued. That's that's really what so many of the enthusiasts and proponents love about it.
Persons: Bitcoin, Tom Chitty, Arjun, we'll, Ethereum, Arjun Kharpal Paris, Kharpal, we've, Arjun Kharpal, Tom Chitty 13,777B, that's, what's, they're, bitcoin, there's, That's, It's, you've, Richard Tang, Richard Teng, I'm, he's, Arjun Kharpal That's, Tom, it's, Tom Chitty That's, I've, Arjun Kharpal It's, they've, Binance, Arjun Kharpal Binance, Changpeng Zhao, cryptocurrency, Jan van Eck, Jean, Marie Mognetti, van Eck, Jan Van Eck, Cathy, Gary Gensler, let's, Tom Chitty Let's, Tom Chitty Oh, There's, Tom Chitty Memecoins, Arjun Kharpal They're, we'd, David Hunt, David, Tom Chitty Poor David, Paris, Tom Chitty We'll Organizations: CNBC, Eurostar, U.S ., Paris, Department of Justice, U.S, CZ, DOJ, SEC, Mr, Gamestop Locations: beyondthevalley@cnbc.com, Paris, CNBC.com, bitcoin, U.S, Abu Dhabi, Binance, Chicago, Pennsylvania, Elmira , New York, NYC , New York City, Syracuse, Elmira, it's
CNN —Police launched an investigation Wednesday into the fire that tore through Copenhagen’s famous stock exchange building, causing the collapse of its spire and damaging centuries-old artwork and architecture. “It gives me hope because we have decided to rebuild the stock exchange because it’s part of European history as a trading continent,” he said. The old stock exchange – located only a few minutes walk from Christiansborg Palace – dates back to 1625. It was built in the Dutch Renaissance style at the request of King Christian IV and had recently been undergoing renovations with its facade covered in scaffolding and protective coverings. It has been at the heart of Danish business since then; while it no longer houses the Danish stock exchange, it serves as the headquarters of the Chamber of Commerce.
Persons: Brian Belling, Liselotte, ” Belling, , it’s, Eva Simoni Lomholdt, Ida Marie Odgaard, Ritzau Scanpix, Brian Mikkelsen, King Christian IV, Mette Frederiksen, , Jakob Engel, Schmidt Organizations: CNN — Police, Firefighters, ” Police, Ritzau Scanpix, Reuters, Residents, Notre Dame Cathedral, Getty, Danish Chamber of Commerce, Chamber of Commerce Locations: Copenhagen, Danish, Ritzau, Ritzau Scanpix Denmark, Børsen, Paris, Denmark, AFP, Palace
Caitlin Clark showed up to the WNBA Draft dressed in Prada from head to toe. According to Business Insider's calculations, Clark's outfit costs $16,875 — or about 22% of her first-year WNBA salary. AdvertisementA close-up of the satin Prada outfit Clark wore to the WNBA Draft. A composite image of the Prada sunglasses and the patent leather Galleria bag that Clark wore to the WNBA draft. AdvertisementAccording to BI's calculations, Clark's Prada outfit totals up to $16,875 — or about 22% of her first-year salary in the WNBA.
Persons: Caitlin Clark, Prada, , Clark, Sarah Stier, Prada's, Adri Zgirdea Toth, Marie Claire, Caitlin, Toth, Clark's Prada, Spotrac, Julia Marino, LVMH, Moët Hennessy Organizations: WNBA, Service, Prada, Indiana Fever ., GQ Sports, NBA, Iowa Hawkeyes, Nike, Gatorade, Olympics, Team USA, Linea, women's national football team Locations: Paris
CNN —Denmark’s old stock exchange was engulfed in a massive fire on Tuesday morning, with video from the scene showing flames ripping violently through the historic building in the center of the capital. Footage showed huge plumes of black smoke billowing from the Copenhagen landmark as emergency responders worked below. Ida Marie/Ritzau Scanpix/AFP/Getty ImagesPeople salvage a painting from the old stock exchange after a violent fire broke out on Tuesday morning. Ida Marie Odgaard/Ritzau Scanpix/AFP/Getty ImagesThe old stock exchange – located only a few minutes walk from Christiansborg Palace – dates back to 1625. The Danish Chamber of Commerce, which is based in the building, described the scene as “a terrible sight.”File photograph of the Old Stock Exchange building.
Persons: CNN —, Ida Marie, Ritzau Scanpix, Ida Marie Odgaard, King Christian IV, Jakob Engel, Schmidt, Luke MacGregor, Frank Trier Mikkelsen, Mikkelsen Organizations: CNN, Getty, Danish, of Commerce, Old Stock Exchange, Bloomberg Locations: Copenhagen, AFP, Palace, Danish
In 2018, a Guatemalan court ruled that the army committed acts of genocide, but no one was convicted. Lucas García, 91, was meant to face trial this year with former military intelligence chief Manuel Callejas y Callejas. Robert Nickelsberg/Archive Photos/Getty ImagesBurt said this “expression of racism is extremely profound,” and its knock-on effects are evident in Guatemala today. Survivors from the civil war gather outside the Supreme Court, prior to a hearing in the Ixil Genocide trial, in Guatemala City, Guatemala March 25, 2024. When the trial was due to start at the end of March, Lucas García’s lawyers announced their resignation.
Persons: CNN — Juan Brito López, Brito López, Manuel Benedicto Lucas García, Lucas García, Benedicto Lucas Garcia, Johan Ordonez, Lucas García’s, AJR, Fernando Romeo Lucas García, “ Lucas García, Manuel Callejas y, Callejas, Jesús Silvio, Romeo Lucas García’s, ” Jo, Marie Burt, , Robert Nickelsberg, Burt, Efrain Rios Montt, Tiziano Breda, Claudia Paz y Paz, CICIG, ” Silvio, ” Will Freeman, Cristina Chiquin, Bernardo Arévalo, Public Ministry –, Consuelo Porras ­­, hasn’t, Michelle Liang, , Brito López’s, Catarina Chel, tormenter, Silvia, ” CNN’s Tara John, Ivonne Valdés Organizations: CNN, United, Getty, Association for Justice, Reconciliation, Human, Washington Office, UN, Guatemalan Army, , Central American, International, Commission, Council, Foreign Relations, Reuters CNN, Public Ministry, US, Network, Solidarity, ” CNN Locations: Pexla, Guatemala City, United Nations, Guatemalan, Guatemala, America, , Santa Cruz de Quiche, of Guatemala, New York, Mexico City
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . From the home shortage to having higher debt compared to their parents during the same stage of life, it hasn't been easy. AdvertisementBut millennials, the eldest of the group being in their early 40s, aren't giving up. Still, while some millennials are spending seven figures buying and renovating their homes, others are giving up on homeownership completely. Why Masters merch is so coveted.
Persons: , let's, Alyssa Powell, millennials, homeownership, they're, Brigette Muller, Kinga Krzeminska, you've, Mikel Jaso, It's, Christian Petersen, merch, Rob Hobson, Rob Hobson Skip, Hobson, bagels, Tyler Le, Patti Stanger, Robert Downey Jr, Brandy Hellville, Kate Taylor, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Business, Service, HGTV, EU, Getty Locations: Brooklyn, Italy, Swiss, New York
CNN —Eleanor Coppola, award-winning film documentarian, artist, writer and wife of Francis Ford Coppola, has died. Eleanor and Francis Ford Coppola were married for 61 years, with Eleanor accompanying her husband on many of his film shoots throughout his illustrious career. In addition to her pursuits in filmmaking, Eleanor Coppola was an accomplished artist and writer. Her children Roman Coppola (writer and producer on several Wes Anderson films) and Sofia Coppola (“The Virgin Suicides,” “Lost in Translation”) are both successful filmmakers. Shortly before her death, Eleanor Coppola completed her third book, a memoir.
Persons: Eleanor Coppola, documentarian, Francis Ford Coppola, Francis Ford, Nesma Youssef, Eleanor, Francis Ford Coppola’s, Youssef, Sofia Coppola’s, Marie Antoinette, , Roman Coppola, Sofia Coppola, Ron Galella, Diane Lane, , Wes Anderson, Nicolas Cage, Talia Shire, Jason Schwartzman, Coppola Organizations: CNN, America, Tribeca Film, Deauville American Film Locations: Rutherford , California, Beverly Hills , California, France, Hollywood
Read previewHollywood power couple Kirsten Dunst and Jesse Plemons are starring in their second movie together, "Civil War." The couple met while filming the second season of the TV show "Fargo" in 2015, and began dating a year later. Since then, Plemons and Dunst have had two sons, Ennis Howard in 2018 and James Robert in 2021, and married in 2022 after a five-year engagement. Dunst told Marie Clare in March that she loves working with Plemons. Here's what to know about the four movies and TV shows that feature Dunst and Plemons.
Persons: , Kirsten Dunst, Jesse Plemons, Plemons, Dunst, Ennis Howard, James Robert, Marie Clare Organizations: Service, Business, Plemons
The Big Number: 5.3%
  + stars: | 2024-04-12 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
In recent months, the Fed had been signaling that there would be two or three rate cuts this year. But on Wednesday, the Bureau of Labor Statistics reported that the Consumer Price Index had climbed 3.8 percent on an annual basis in March after volatile food and fuel prices were stripped out. That “core” index was stronger than what economists had forecast.
Organizations: of Labor Statistics
Rents soared thanks to a shortage of apartment units, remote workers' desire for more space, and a daunting for-sale market that kept many renters stuck in place. Without RealPage, the plaintiffs argue, landlords would be hesitant to jack up rents; instead, they'd focus on keeping their buildings full. In short, the lawsuits that started with apartment rents could one day change how we pay for everything. By turning over pricing to the algorithm, plaintiffs say, RealPage's clients are encouraged to push rents higher than if they'd left the decisions up to humans. The RealPage cases are about far more than apartment rents.
Persons: RealPage, Kris Mayes, they'll, they'd, , Zillow, there's, Marie Claire Tran, Leung, Tran, Matt Damon, Maureen Ohlhausen, Bob, Ohlhausen, Ed Rogers, Ballard Spahr, Jeffery Cross, Smith Gambrell Russell, didn't, it'll Organizations: Revenue Management, ProPublica, National Housing Law, FBI, RealPage, Department, Federal Trade Commission, Politico, Washington, Justice Department, FTC Locations: Texas, you've, Phoenix, Tucson, Washington, DC, RealPage, Arizona, Tennessee
Rents soared thanks to a shortage of apartment units, remote workers' desire for more space, and a daunting for-sale market that kept many renters stuck in place. Without RealPage, the plaintiffs argue, landlords would be hesitant to jack up rents; instead, they'd focus on keeping their buildings full. In short, the lawsuits that started with apartment rents could one day change how we pay for everything. By turning over pricing to the algorithm, plaintiffs say, RealPage's clients are encouraged to push rents higher than if they'd left the decisions up to humans. The RealPage cases are about far more than apartment rents.
Persons: RealPage, Kris Mayes, they'll, they'd, , Zillow, there's, Marie Claire Tran, Leung, Tran, Matt Damon, Maureen Ohlhausen, Bob, Ohlhausen, Ed Rogers, Ballard Spahr, Jeffery Cross, Smith Gambrell Russell, didn't, it'll Organizations: Revenue Management, ProPublica, National Housing Law, FBI, RealPage, Department, Federal Trade Commission, Politico, Washington, Justice Department, FTC Locations: Texas, you've, Phoenix, Tucson, Washington, DC, RealPage, Arizona, Tennessee
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin rally could be 'significant and transformative': CoinShares CEOJean-Marie Mognetti, CEO of CoinShares, says the bitcoin rally is "very strong" as he discusses the outlook for cryptocurrency markets and bitcoin exchange-traded funds.
Persons: Jean, Marie Mognetti
PARIS — Issuers of spot bitcoin exchange-traded funds cast doubt over the short-term likelihood of the U.S. Securities and Exchange Commission approving such a product for the cryptocurrency ether . The regulator has a late-May deadline to conclude its review on an ether ETF. That comes after the SEC in March delayed its original deadline for a decision on the ether ETF application. Enthusiasm has been mounting among the crypto community for an ether ETF, ever since the SEC approved the first spot bitcoin ETFs in January. This complicates matters for an ether ETF.
Persons: Cathy Wood, Jan Van Eck, CNBC's Arjun Kharpal, Van Eck, Gary Gensler, Jean, Marie Mognetti, CoinShares Organizations: PARIS, U.S . Securities, Exchange Commission, SEC, Fidelity, Ark, Paris, Invest, CNBC Locations: BlackRock, U.S, Paris, France
The Peninsula Hotel in Hong Kong, an iconic property that opened in 1928, offers a luxury experience. Steps away from the glistening Victoria Harbour sits the Peninsula Hotel. The flagship hotel in the Peninsula Hotels group, which boasts properties worldwide, opened in December 1928, making it one of the oldest hotels in Hong Kong. The iconic hotel, one of the official hotel partners of Art Basel Hong Kong, sponsored by the global lead partner UBS, is nestled right on the Kowloon Peninsula in Tsim Sha Tsui. Thanks to their Art in Resonance program, it's also home to four memorable art pieces featuring "emerging and mid-career" artists.
Persons: , Chanel, Harry Winston, it's, Bon Jovi, Tom Cruise Organizations: Service, Hotels, Art Basel, UBS Locations: Hong Kong, Art Basel Hong Kong, Tsim Sha Tsui
Insider Today: Nantucket's 'free' homes
  + stars: | 2024-04-06 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +5 min
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 . "Bridgerton" is back, and if you're like the millions of viewers who tuned in last season, you'll want to hear this. The island is replete with dozens of "free" homes — but there's a catch. AdvertisementSee the full listMore of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor-in-chief, in New York.
Persons: , you'll, let's, Tyler Le, it's, Andrew Woodley, Barbie, wouldn't, Mai Tai, Tommy Hilfiger, Stephen Schwarzman, Natalia Agatte, Kendall Jenner, Kaia Gerber, Rebecca Zisser, Max, Mary, George, Julianne Moore, Nicholas Galitzine, Ripley, Andrew Scott, Patricia Highsmith's, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Business, Service, Netflix, Universal, Getty, Blackstone, Young, Air Force, Starz Locations: US, Mexico, Canada, Cleveland, Dallas, Indianapolis, Texas, Maine, Nantucket, Massachusetts, Cape Cod, New York
It can be a tough conversation: What do you say in a job interview after being laid off or fired? If laid off, you can say it was part of larger job cuts, and most employers will understand. If you were firedOne of the first things you should do when you're fired is try to negotiate how your departure will be portrayed to prospective employers, McIntyre said. "Being fired or laid off doesn't mean you're not a good performer or that you're not worthy of getting another job," she said. "It's about you figuring out what the right next step is for you," St Fleur said.
Persons: that's, , Marie G, McIntyre, Dorianne St Fleur, St Fleur, I'm, you've, Fleur Organizations: Service
The Big Number: $2.5 Billion
  + stars: | 2024-04-05 | by ( Marie Solis | ) www.nytimes.com   time to read: 1 min
Based on its trading pattern so far, Trump Media looks a lot like a meme stock. Those stocks — shares of companies whose investors may be influenced by the whims of social media — are volatile by nature. Mr. Trump, however, the presumptive Republican nominee for president, may have larger worries on his mind. He recently had to post bonds in two separate cases, amounting to well over $200 million.
Persons: Trump Organizations: Trump Media, Republican
Fashion's elite, including Maison Margiela's Stefano Rosso, attended Art Basel in Hong Kong last month. BI was in Hong Kong to admire art, but also the city's innovative fashion sense. This article is part of BI's 2024 Art Basel series, taking you inside the art fair's global scene. Fashion and art are inextricably linked — evident at this year's Art Basel in Hong Kong. The art fair, sponsored by UBS, attracted more than 240 galleries from around the world to descend on the Hong Kong Convention and Exhibition Centre last month.
Persons: Maison Margiela's Stefano Rosso, , Art Basel Organizations: Art Basel, BI, Service, Art, UBS, Hong Kong Convention, Exhibition, Harbour Locations: Hong Kong, Basel, Art Basel, Hong
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