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☆ Chinese electric car company Nio to enter Middle East this year amid global expansion by peers
▼ + stars: | 2024-06-07 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn ChengBEIJING — Chinese electric car company Nio plans to expand to the Middle East this year, CEO William Li said on an earnings call Thursday, at a time when rivals have been increasing their global footprint. The nearly 10-year-old company will also start shipping its lowest-cost brand, Firefly, in the first half of next year, Li said. The battery and electric car giant said in November it opened a showroom in Dubai Festival City as part of a collaboration with Al-Futtaim Electric Mobility Company. watch nowAs competition in the Chinese electric car market intensifies, Nio launched a lower-priced brand called Onvo in May.

Persons: Nio, Evelyn Cheng, William Li, Li, BYD, Nomura, Nio's Li Organizations: CNBC, United, United Arab Emirates, United Arab, Dubai Festival City, Al, Futtaim Electric Mobility Company, Tesla, BMW Locations: Shanghai, China, Evelyn Cheng BEIJING, Middle East, U.S, United Arab, Europe, United Arab Emirates, Dubai, 2H24

☆ A 73-year-old lost 185 pounds by going to the gym and eating a low-carb diet. She reversed her diabetes and ditched her scooter.
▼ + stars: | 2024-06-07 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

Maureen Hagar ditched her mobility aids after losing 185 pounds through a healthy diet and regular exercise. "I'm very proud," Hagar told Business Insider. This story is available exclusively to Business Insider subscribers. AdvertisementThe trainer said low-intensity exercise suited Hagar better"One of our goals has been to redevelop her balance and dexterity in her feet," Conway told Business Insider. Do you have an interesting story about weight loss that you'd like to share with Business Insider?

Persons: —, Maureen Hagar, Hagar, she'd, Derek Conway, Conway, Derek Organizations: Service, Business, Rocky Locations: California, Conway

☆ Flying taxis are closer than ever to reality. The booming industry needs to overcome infrastructure hurdles.
▼ + stars: | 2024-06-06 | by ( Taylor Rains | ) www.businessinsider.com time to read: +9 min

One expert said eVTOLs fly at low altitudes and could create airspace and security challenges. The US's first electric vertical-takeoff and -landing aircraft are expected to fly commercial passengers as soon as 2025. It still needs further approvals to fly for airlines like United, but the latest certificate puts it one step closer. Archer's Midnight aircraft are typically shorter range, with the Midnight flying up to 100 miles on one charge. Joby plans to use the four urban vertiports as a citywide commercial eVTOL air link around Dubai.

Persons: eVTOLs, —, Archer, Bryan Bernhard, Bernhard, Archer's, Pete Syme, Henry Harteveldt, Joby, Rani Plaut, Harteveldt, Bernard, Archer Aviation's, Archer Aviation Bernhard Organizations: Infrastructure, Service, Royal Aeronautical Society, American Airlines, United Airlines, Virgin Atlantic Airways, US Air Force, JPMorgan, Newark Liberty International, O'Hare International, Archer, Midnight, Joby Aviation, FAA, NASA, Joby, Air, Delta Air Lines, Federal Aviation, Archer Aviation Locations: Manhattan, New Jersey, Chicago's, Henry, Dubai, Japan, New York City, San Francisco, Washington, London, Paris

☆ Christina Applegate says MS has left her with little will to survive: 'I don't enjoy living'
▼ + stars: | 2024-06-05 | by ( Amanda Goh | ) www.businessinsider.com time to read: +4 min

Read previewChristina Applegate says that she is experiencing a period of depression as a result of multiple sclerosis. Multiple sclerosis, also known as MS, is a chronic neurological disease that causes varying symptoms that affect vision, speech, and mobility. This isn't the first time that Applegate has been open about the difficulties she's faced while living with multiple sclerosis. AdvertisementIn March, during an interview with People alongside Sigler, Applegate shared that she's been hospitalized "many times" for her symptoms. "They don't know what's wrong, but we're pretty sure my stomach and my intestines are not very good friends.

Persons: —, Christina Applegate, Applegate, Jamie, Lynn Sigler, Sigler, I'm, I've, Sigler —, it's, she's Organizations: Service, Business, Netflix, New York Times

☆ Delivering food on an e-bike or moped is a deadly endeavor in New York City
▼ + stars: | 2024-06-04 | by ( Eliza Relman | Madison Hoff | ) www.businessinsider.com time to read: +9 min

New York City delivery workers who don't use cars have one of the deadliest jobs in the city. There are now more than 65,000 app-based restaurant delivery workers in the city, and about 80% of them use e-bikes and motorbikes. The city report found that 28.7% of e-bike or moped delivery workers experienced injuries that forced them to miss work, lose consciousness, or seek medical care. They're asking for wider protected bike lanes, or even separate lanes for e-bikes and mopeds, and charging facilities for e-bikes. Indeed, "New Yorkers are dependent on app delivery workers to keep them safe and fed during times of crisis," she added.

Persons: —, takeout, Eric Adams, it's, Jose Alvarado, Andrew Lichtenstein, Brad Lander, Uber, DoorDash —, Ligia Guallpa, Guallpa, DoorDash, Guallpa's, Lander Organizations: Service, Business, Department of Consumer and Worker Protection, US Bureau of Labor Statistics, Bureau of Labor Statistics, Bloomberg, Yorkers, New York Times, Department of Transportation, Getty, City, York, Workers Justice Locations: New York City, York, New York, South Bronx, York City, City, Manhattan, Williamsburg , Brooklyn

☆ India elections: Modi declares victory but party faces shock losses in parliament and will need coalition
▼ + stars: | 2024-06-04 | by ( Rhea Mogul | ) edition.cnn.com time to read: +10 min

While final votes are still being tallied, India’s election authority has confirmed that the NDA coalition had secured the majority needed with 272 seats. Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, on June 4. Adnan Abidi/ReutersSupporters of the Bharatiya Janata Party (BJP) celebrate as they learn early election results on June 04, 2024 in Bengaluru, India. Preliminary results also suggest they have chipped away at BJP seats, including in some of the ruling party’s traditional strongholds. “He comes from a poor background and that helps him understands the people of India,” Varanasi BJP president Dileep Patel previously told CNN.

Persons: Narendra Modi, ” Modi, –, Modi, Adnan Abidi, Abhishek Chinnappa, Rahul Gandhi, ”, ‘, ’, thirstily, Rajgopal Kashyap, Nilanjan Mukhopadhyay, Surjeet Singh, Christophe Jaffrelot, Dileep Patel, Sunita Gautam, “ Modi Organizations: New, New Delhi CNN, National Democratic Alliance, NDA, Bharatiya Janata Party, BJP, Indian, Reuters, India’s National, Congress, CNN Locations: New Delhi, tatters, India, Bengaluru, Asia, United States, China, Russia, Washington, Delhi, Moscow, Ukraine, “, Gujarat, ” Varanasi

☆ Xabi Alonso: ‘Not winning treble with Bayer Leverkusen will make me a better manager’
▼ + stars: | 2024-06-04 | by ( Amanda Davies | ) edition.cnn.com time to read: +9 min

Xabi Alonso and Bayer Leverkusen are a living, breathing testament to that. “During the first weeks of the competition, I had a good feeling that we could make a good season. “For sure, I was not that optimistic that we could fight until the last week, but that we could have a good season? Could Leverkusen become just the second German team in history to complete a treble after Bayern Munich? “For the whole of Europe or even the whole world to see how good the teams are, how good the players are … it’s really, really important.

Persons: it’s, Xabi Alonso, they’ve, ‘, ’, ” Alonso, Amanda Davies, Alonso, ”, “, Francis Gonzalez, Granit, Victor Boniface, Florian Wirtz, Jeremie Frimpong, Ina Fassbender, “ We’re, Alonso applauds, Alex Grimm, It’s, Atalanta, That’s, Premier League …, Hesham, Jeremie, Frimpong, ” It’s, Vincent Kompany, Arne, he’d Organizations: Italy CNN, Bayer Leverkusen, CNN, Globe Soccer, “, Real Madrid’s, Real, Sociedad, Real Sociedad, Real Sociedad B, Bundesliga, Champions, Champions League, Bayern Munich, –, Leverkusen, Real Madrid, League, Getty, Augsburg, Invincibles, Benfica, Atalanta, Europa League, Kaiserslautern, Leverkusen's Europa League, Borussia Dortmund, ‘ Farmers League, Liga, Premier League, – Bayern Munich, Liverpool Locations: Sardinia, Italy, AFP, Germany, Europe, Dortmund, San Francisco, Delhi, Liverpool, Merseyside

☆ NATO is finally giving Ukraine a shot at repelling Russia's destructive glide-bomb attacks on a major city
▼ + stars: | 2024-06-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Western positions on this issue have softened in the wake of Russia's ongoing offensive in the northeastern Kharkiv region, which began last month. AdvertisementUkrainian gunners firing at Russian positions in the Kharkiv region. AdvertisementGunners from Ukraine's 43rd Separate Mechanized Brigade fire at a Russian position in the Kharkiv region in April. Ukraine can only conduct cross-border strikes in Russian territory right around the Kharkiv region, and it is still barred from conducting longer-range strikes with its most powerful US-provided missiles. "That's exactly what we're doing in response to what we've now seen in and around the Kharkiv region," Blinken told reporters.

Persons: —, Vladimir Putin, Stepanov, Ukraine's, Matthew Savill, ANATOLII STEPANOV, Biden, John Kirby, Kirby, it's, Serhii, Antony Blinken, what's, we've, Blinken, we'll Organizations: Service, NATO, Business, Getty, Institute for, Kharkiv City, Gunners, Mechanized Brigade, National Security, MGM, Tactical Missile Systems, Artillery Locations: Ukraine, Russia, Kyiv, Kharkiv, Moscow, AFP, Western, Russia's, Ukrainian, Russian, RUSI, Ukraine's, Washington, Prague, Belgorod

☆ Chinese companies are setting up shop anywhere but China — and the US
▼ + stars: | 2024-06-03 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

Chinese companies like social media giant TikTok and IT giant Lenovo are already globally competitive behemoths with compelling products. Admittedly, it's not a new move for Chinese companies to invest outside of China. Related storiesThis means Chinese companies will set up facilities overseas under their own brand or subsidiaries. In 2022, the German government blocked Chinese companies from taking stakes in two German chip companies, citing national security concerns and concerns over technology transfer. But even in today's complex geopolitical environment, Chinese companies are expected to continue venturing away from home, per EY.

Persons: —, Chris Pereira, it's, It's, Pereira, Loletta Chow Organizations: Service, Lenovo, Chery, Business, Intelligence, EV, US, EY, EY China Overseas Investment Network, & $ Locations: China, New York, Asia, New York City, Swiss, Southeast Asia, Europe, Africa, America, Qatar, Spain, Norway, EY China

☆ An icon of Detroit’s ruin is now a symbol of Motor City’s economic resurgence
▼ + stars: | 2024-06-03 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

CNN —For more than 35 years, Michigan Central Station has lain dormant, towering above Detroit’s Corktown neighborhood as a harsh and stoic reminder of the city’s economic pain. Now, Michigan Central Station, the neighboring old Book Depository and Butler himself are all symbols of hope for Detroit’s future and its ongoing economic resurgence. An aerial view of Michigan Central Station and the surrounding property, including the former Book Depository (left), under construction in 2020. Stephen McGee/Michigan Central Michigan Central Station's Grand Hall before and after the six-year renovation project funded by the Ford Motor Company. And with Michigan Central Station coming online, that’s only expected to grow.

Persons: Ronald Butler, “ We’ve, ” Butler, Timothy Fadek, ”, Henry Ford’s, Butler, James Haefner, Mary Culler, Ford, ‘, Kevin Johnson, Stephen McGee, ” Johnson, “, Johnson, Charles Dougherty, I’m, Geoff Robins, ’ ” Dan Austin, Eminen’s, Rebecca Cook, Bill Ford, CNN’s Poppy Harlow, Michigan Central Stephen McGee, tradespeople, Carlos Osorio, ” Austin, Josh Sirefman Organizations: CNN, Michigan Central, Detroit Fire Department, ”, Train Station, Motor, Detroit, Michigan Central Station, Storage Safety, Michigan, Ford Motor Company, Depository, Ford, Detroit Economic Growth Corporation, of Labor Statistics, Getty, Honda Accord, Reuters, Denver’s, Michigan Central Michigan Central Station's Locations: ” Michigan, Motor City, Michigan, Detroit, “, Wells Fargo, AFP, ”, ’ ” Dan Austin , Michigan, America, Indiana

☆ Stuck in a Starter Home
▼ + stars: | 2024-06-02 | by ( Rukmini Callimachi | ) www.nytimes.com time to read: 1 min

If buying a home is an inexorable part of the American dream, so is the next step: eventually selling that home and using the equity to trade up to something bigger. But over the past two years, this upward mobility has stalled as buyers and sellers have been pummeled by three colliding forces: the highest borrowing rates in nearly two decades, a crippling shortage of inventory, and a surge in home prices to a median of $434,000, the highest on record, according to Redfin. People who bought their starter home a few years ago are finding themselves frozen in place by what is known as the “rate-lock effect” — they bought when interest rates were historically low, and trading up would mean a doubling or tripling of their monthly interest payments.

☆ I made over $500,000 last year, but I refuse to pay for my daughter's tuition. It's not a decision I made lightly.
▼ + stars: | 2024-05-30 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

Despite this income, my husband and I have not agreed to — nor do we plan to — pay for the college tuition of our oldest daughter, a sophomore at the University of Iowa. If they spent our money on tuition, we'd need a say in that decision. This decision aligns with our commitment to avoid debt and maintain a healthy financial position, which benefits our entire family. Committing to paying for one child's college education means we must do the same for all of them to maintain fairness. Evaluating whether to pay for our kids' college tuition was a challenging decision, but it's rooted in our desire to foster autonomy, responsibility, and financial prudence.

Persons: —, Andrea Mac, It's, I've, we've, don't, we're, they've, We've, We're Organizations: Service, University of Iowa, Business, Investment Education Locations: Greater Chicago

☆ I refuse to pay my daughter's college tuition even though I made over $500,000 last year
▼ + stars: | 2024-05-30 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

Despite this income, my husband and I have not agreed to — nor do we plan to — pay for the college tuition of our oldest daughter, a sophomore at the University of Iowa. To be fair, we've decided that we, as parents, don't get to choose which college our children attend. With rising tuition costs, my husband and I think it's essential to evaluate whether the outcomes in terms of ROI justify the financial outlay for college. Committing to paying for one child's college education means we must do the same for all of them to maintain fairness. Evaluating whether to pay for our kids' college tuition was a challenging decision, but it's rooted in our desire to foster autonomy, responsibility, and financial prudence.

Persons: —, Andrea Mac, It's, I've, we've, don't, we're, they've, We've, We're Organizations: Service, University of Iowa, Business Locations: Greater Chicago

☆ More people will never own a home — they're the 'forever renters'
▼ + stars: | 2024-05-29 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

These "forever renters" vary widely in their reasons for not pursuing home ownership. Others prefer the flexibility to move and freedom from ownership costs that renters enjoy. Homeownership and renting have numerous pros and cons, making it hard to say whether forever renters are acting shrewdly or making a big mistake. Renters avoid large down payments and the varying costs of homeownership, such as mortgage payments, taxes, maintenance, and repairs. It's also cheaper to change the place you're renting than the place you're buying because of real-estate agent fees."

Persons: —, Grant Wilson, Eunjee Kwon, David Brasington, Kautz, There's, Colin Lizieri, they've Organizations: Service, Business, University of Regina, University of Cincinnati, University of Cambridge Locations: Germany, Switzerland

☆ The double-level airplane seat is back. This time, there’s a first-class version
▼ + stars: | 2024-05-28 | by ( Francesca Street | ) edition.cnn.com time to read: +12 min

He’s spent his twenties – all five years of them so far – perfecting his vision for economy class dual-level seating. At 6 feet 2 inches (1.88 meters), Núñez Vicente was used to cramped airplane journeys in which he struggled for legroom and struggled to sleep. He imagines the Chaise Longue seats in the middle of each cabin, flanked by regular seating on either side. Testing out the conceptHere's the lower level of the business-class/first-class version of the dual-level seat concept. Here's Núñez Vicente demonstrating what it's like to lie flat in the lower level seat.

Persons: Germany CNN —, Alejandro Núñez Vicente, He’s, he’s, Núñez Vicente, ”, “, Francesca, Steve Jobs, Núñez Vicente won’t, Clara Service Soto, – they’re, Recaro, Safran, Longue, Tapis –, Nunez Vicente, Service Soto, It’s, Francesca Street, you’re, Here's Núñez Vicente, you’d, There’s, Clara, CNN “, ” Núñez Vicente, Vicente, he’ll Organizations: CNN, Germany CNN, CNN Travel, Aircraft, CNN Travel exclusives, Service, legroom, Singapore Airlines ’, AIX, Clara Service Locations: Hamburg, Germany, ”, –, Emirates

☆ HubSpot shares jump on talks of potential Google deal
▼ + stars: | 2024-05-28 | by ( Jennifer Elias | ) www.cnbc.com time to read: +1 min

HubSpot shares rallied 8% on Tuesday after CNBC's David Faber reported that Alphabet is looking at an all-stock offer for the software company. Reports of a potential deal first surfaced in early April, when Reuters published a story saying Alphabet was talking to advisors about making an offer for HubSpot. "There have been many reports about HubSpot being in conversations with Google," Faber said Tuesday. With a market cap of about $33 billion, after Tuesday's jump, HubSpot would be by far Alphabet's largest deal ever. HubSpot shares were up slightly for the year prior to Tuesday's gains, closing the day at $638.39.

Persons: HubSpot, CNBC's David Faber, Faber, — CNBC's Jordan Novet Organizations: Reuters, HubSpot, Bloomberg, Google, Motorola Mobility

☆ How to move your career abroad, says digital nomad who’s been to 13 countries
▼ + stars: | 2024-05-27 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +4 min

They're primarily moving to Portugal, Spain and the U.K., where many expats say they're highly satisfied with their personal, financial, social and work lives abroad. She started working at Deel in 2022 as a digital nomad in Portugal and "living in the clouds traveling the world," she says. Mourao currently has a digital nomad visa in Portugal and continues to travel around the world. For example, while in Portugal, she's in a central time zone that makes it easy to communicate with colleagues in Latin America, Europe, the Middle East, Africa and Asia. Prove why you're suited to work abroad

Persons: Kamylle, Mourao, Masha Sutherlin, Sutherlin, She's, she's, who've, they've Organizations: United Arab Locations: Brazil, Peru, Mexico, Portugal, Spain, Deel, France, Egypt, Singapore, United Arab Emirates, Japan, she's, Latin America, Europe, East, Africa, Asia

☆ A homeless Iowa mom of 2 is struggling to find a landlord who will accept her housing voucher before it expires. The state is making it harder by allowing landlords to discriminate against her.
▼ + stars: | 2024-05-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

That deadline — July 11 — is imposed by the state housing authority and applies to Quinn's Section 8 housing choice voucher, which she's had for about 12 years. Iowa lets landlords refuse voucher holdersQuinn says she's contacted close to 30 landlords since March. Many have simply told her they don't accept housing vouchers. In 2021, the state passed a law barring cities and counties from protecting voucher holders from overt discrimination by landlords. A crucial but flawed benefitThe federal Housing Choice Voucher Program is the biggest — and most effective — American housing assistance program.

Persons: —, Stephanie Quinn, Quinn, she's, Charcot, Marie, Quinn doesn't, she'll, I'm, they've, Farley, I've Organizations: Service, Business, Facebook, Craigslist, Nationwide Locations: Farley , Iowa, Iowa, Washington, DC, Dubuque

☆ Elite tutors can earn $180,000 and travel the world, but are risking a 'Faustian pact' with the superrich
▼ + stars: | 2024-05-25 | by ( Cameron Manley | ) www.businessinsider.com time to read: +10 min

Read previewA wealthy family wants to hire a private tutor for their two young children. The position includes a minimum annual salary of $180,000, nine weeks of annual vacation, and accommodation and travel expenses. The UK-based tutoring agency Tutors International, searching for the highly lucrative tutoring role, has been described as the "Dom Perignon" of the industry. "In 2001, we thought charging a client £28,000 ($35,000) a year was a lot of money," Caller told Business Insider. Advertisement"Graduates from elite universities are often making a Faustian pact: serving the wealthy to pay their post‐graduation debts," he said.

Persons: —, Dom Perignon, Adam, Jerome Barty, Taylor, Lu ShaoJi, Mark Bray, Bray, it's, Lee Elliot Major, you've Organizations: Service, Business, International, Oxford, Cambridge University, Ivy League grads, UNESCO, Comparative, University of Hong, Monaco, Social Mobility, University of Exeter Locations: Europe, Hong Kong, Champagne, Cambridge, Oxford, Dubai, University of Hong Kong, London, Russia, Britain

☆ We're millennial brothers and business partners who left San Francisco's tech bubble for the Midwest manufacturing scene. We never would have been able to afford to launch our startup in California.
▼ + stars: | 2024-05-25 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

We lived in San Diego for a few years after college, and then we moved to San Francisco in 2018. Matine: San Francisco is amazing. But San Francisco was apocalyptic. We had a three-story, four-bedroom place for half the price of our condo in San Francisco. The facility we're currently in is only a little more expensive than my rent in San Francisco, and this is 20,000 square feet.

Persons: —, John Yuksel, Matine Yuksel, I've, He's, Matine, Francisco, COVID, Beltways, John, Matine Yuksel John, There's, It's Organizations: Service, Business, Walmart, Apple Locations: San Francisco, Dubuque , Iowa, Cincinnati, Northern Kentucky, Arizona, San Diego, Francisco, Istanbul, Midwest, Iowa, Dubuque, Mississippi, Mount Adams, It's, California, Tucson

☆ The reverse lunge: Strengthen and soothe aching knees with this lunge variation
▼ + stars: | 2024-05-24 | by ( Katia Hetter | Dana Santas | ) edition.cnn.com time to read: +7 min

In the case of knee pain, there’s one simple yet effective exercise I favor to help alleviate pain and strengthen the muscles around your knees: the reverse lunge. Common causes of knee pain include:• Osteoarthritis: a degenerative joint disease that results in the breakdown of cartilage. Addressing knee pain often requires a multifaceted approach that may include physical therapy, lifestyle modifications, medication and targeted exercises such as the reverse lunge. How to perform a reverse lungeThe reverse lunge can also improve your core strength. Aaron LockwoodPerforming a reverse lunge correctly is crucial to reaping its benefits and avoiding injury.

Persons: Dana Santas, •, “, ”, Aaron Lockwood Organizations: Pain, CNN, CNN’s

☆ US sending military aid to Ukraine to help repel Russian attacks on Kharkiv
▼ + stars: | 2024-05-24 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +3 min

CNN —The United States is sending $275 million in military assistance to Ukraine as part of “efforts to help Ukraine repel Russia’s assault near Kharkiv,” Secretary of State Antony Blinken announced Friday. “We will move this new assistance as quickly as possible so the Ukrainian military can use it to defend their territory and protect the Ukrainian people,” Blinken said in a statement. Russian forces have advanced toward Kharkiv, Ukraine’s second-largest city, after launching a surprise cross-border assault in mid-May. “We’re committed to making sure that Ukraine has the equipment it needs to succeed on the battlefield.”However, the US has continued to say its weapons cannot be used by Ukraine to strike Russian targets on Russian territory. “We have not encouraged or enabled strikes outside of Ukraine,” Blinken reiterated last week.

Persons: Antony Blinken, ” Blinken, Volodymyr Zelensky, ” Zelensky, Blinken, Dmytro Kuleba, “ We’re Organizations: CNN, ”, Kharkiv, High Mobility Artillery Rocket Systems, Ukrainian, US Locations: United States, Ukraine, Kharkiv, “, Ukrainian, ”, Ukraine’s, Lyptsi

☆ Investor Paul Graham explains why it's better to take a job at a startup over a big company — even if it ends up failing
▼ + stars: | 2024-05-23 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Y Combinator cofounder Paul Graham said you should work for startups, not big companies. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFamed entrepreneur and Y Combinator cofounder Paul Graham says it's wise to work for startups over big companies — even if they're more likely to fail. Working for big companies might be "safer," the investor shared on X, but the connections forged with startup colleagues can cue up future success. "In ten years they'll be running everything," Graham wrote of startup employees, "even if the startup tanks."

Persons: Paul Graham, —, Y, Graham Organizations: Service, Business

☆ DuPont's split into three companies is a win for shareholders: Here's the math
▼ + stars: | 2024-05-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

If we apply a multiple of 21.6 on DuPont's business, it puts the enterprise value at $25 billion. So being conservative and using a 20 times multiple, DuPont's water business could have an enterprise value of $7.2 billion. Add these three up and the total enterprise value is about $52 billion. To get the equity value, we subtract the net debt (which is total debt minus cash) from the total enterprise value. If we subtract this from the $52 billion enterprise value, the total equity value could be worth $46.2 billion.

Persons: Ed Breen, DuPont's, Breen, —, Jim Cramer's, Jim Cramer, Jim, Dow DuPont, Adam Jeffery Organizations: DuPont, Electric, United Technologies, CNBC, Dow

☆ I tried the Megaformer Pilates workout, loved by Kim Kardashian and Michelle Obama. It targeted my thighs in a whole new way.
▼ + stars: | 2024-05-23 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +7 min

The list of Lagree's celebrity fans is long, including, reportedly, Jennifer Aniston, Meghan Markle, Kate Hudson, Jennifer Lopez, Michelle Obama, and Kim Kardashian. Steve Granitz/Getty ImagesThe global boutique fitness studio market is currently valued at $55.16 billion and is expected to reach $79.66 billion in 2029, according to Research and Markets. The gym was luxurious but minimalist, with club-style studiosThere are a couple of fitness studios in London offering Megaformer workout classes now, both at £35 ($45). AdvertisementStudio Fix's Megaformer studio. Afterward I felt proud of myself and my body felt good from the stretching and mobility.

Persons: —, Sebastien Lagree, Jennifer Aniston, Meghan Markle, Kate Hudson, Jennifer Lopez, Michelle Obama, Kim Kardashian, Steve Granitz, I've, Rachel Hosie, Andrea, Rachel, Lagree, I'd, Najeeb Abunahl, Sebastian Lagree, Abunahl Organizations: Service, Business, Research, Sauce Communications Locations: barre, London, Kensington —, Europe

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