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It was April 2020, and Johnson had been furloughed from her full-time job as a daycare salesperson, where she made $70,000 per year. Even better, she adds: She spent less than 30 minutes per day on the side hustle, running it entirely on her phone, she says. The following year, she made $90,000 off Etsy and decided to run the online store full-time, she says. Here's how Johnson developed her side hustle, giving herself more free time and turning it into three different income streams. Print-on-demand sellers buy photos of models wearing blank T-shirts, and photoshop their designs on top.
Persons: Cassiy Johnson, Johnson, JollyFamDesigns, Mary Colleen, , Nonnie, Mimi, Gammy Organizations: CNBC, Walmart, Facebook Locations: Howell , Michigan
Analyst Timothy Arcuri maintained his buy rating on the stock and raised his price target to $540 from $475. OpenAI's viral chatbot, ChatGPT — as well as other AI models from few well-financed startups — all run on Nvidia's GPUs. NVDA YTD mountain NVDA in 2023 Other firms have raised their outlook on Nvidia ahead of its earnings. Wells Fargo on Tuesday raised its price target on the chipmaker to $500, citing its status as the primary beneficiary of an AI-driven architectural data center transformation. Morgan Stanley on Monday reiterated Nvidia as a "top pick" and maintained its $500 price target, which sent the company's shares 7% higher during the day's trading session.
Persons: Timothy Arcuri, Arcuri, ChatGPT —, Wells, Morgan Stanley, — CNBC's Michael Bloom Organizations: Nvidia, UBS, Lamda Labs Locations: Nvidia's, Wells Fargo
Is it time to worry about stagflation?
  + stars: | 2023-08-10 | by ( Elisabeth Buchwald | ) edition.cnn.com   time to read: +8 min
CNN —For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation’s sibling: stagflation. Stagflation is the combination of high inflation and a slowing economy. The current state of stagflation: Last year, then-World Bank President David Malpass warned that stagflation risks were high because of supply chain disruptions stemming from lockdowns in China and bans on Russian oil. What’s happening now: The risk of stagflation varies significantly across different regions of the globe.
Persons: Stagflation, David Malpass, Janet Yellen, , Lan Ha, stagflation, Andrew Kenningham, , That’s, ” Kenningham, ” Ha, Ha, Parija Kavilanz, don’t, Dallin Hatch, Biden, Joe Biden, Trump, Matt Egan, It’s Organizations: CNN Business, Bell, CNN, Federal, World Bank, Euromonitor, Capital Economics, Bank of England’s, National Institute of Economic, Social Research, Trump Locations: Israel, lockdowns, China, Europe, Germany, Ukraine, Saudi Arabia
AMC Entertainment shares jumped as much as 13%, following a report that Amazon was looking to buy the theater chain. AMC Entertainment — Shares popped 37% after a judge on Friday denied a proposed settlement related to AMC Entertainment's plan to convert preferred shares into common stock. Domino's Pizza — The stock lost nearly 4% in premarket trading after Domino's reported mixed quarterly results. The company reported earnings of $3.08 a share on $1.02 billion in revenue. UPS — Shares lost more than 1% before the bell as roughly 340,000 employees prepare to go on strike nationwide.
Persons: Domino's, Refinitiv, Barbie, Tesla, Piper Sandler, MoffettNathanson, Eimear Bonner, , Alex Harring, Hakyung Kim Organizations: AMC Theatre, AMC Entertainment, AMC, Mattel, Warner Bros, UBS, American Express, UPS —, Chevron —, Chevron Locations: New York City
www.fractalsoftware.comOf the dozens of Fractal startups that have raised a seed round of funding, about half had Bienville Capital lead the deal, according to people familiar with the matter. Others say they knew what they were getting into with a venture studio, where a large ownership position is standard. Brendan Smialowski/AFP via Getty ImagesThe biggest draw for some Fractal founders was its plug-and-play approach. The founder of one Fractal startup remembered a time when his company was struggling to grow its customer base. That firm is raising a new $325 million fund to provide additional funding to Fractal companies exclusively, according to a person familiar with the effort.
Persons: Fractal's, he'd, they'd, Andreessen Horowitz, Mike Furlong, Nate Baker, Bienville, , Brendan Smialowski, Founders, Angela Lee, Furlong, Baker, Ezra Shaw, who'd, who's, It's, Lee, She's, 8VC, Bain, Jeff Greenberg, Omri Bloch, who've, didn't, Stephanie Palazzolo, Melia Russell Organizations: Flatiron Health, Bienville, Insight Partners, Bienville Capital, Getty, Columbia Business School, Alpha, Midwest, Science, Olympic Club, Tiger Global, Craft Ventures, Founders, Vertical Venture Partners, Zag, Crew Capital, Bain Capital, Universal, Foundation, Fifth Locations: Bienville Capital, New York, Bienville, Indio, AFP, Santa Monica , California, Miami, San Francisco, GreenSpark, Columbia, Barti, Aktos, Bessemer, 8VC
In Mr. Rush’s telling, innovation was the province of maverick individuals, not stodgy legacy players and certainly not cumbersome government bureaucracies. That story is often wrong, and it was 100 percent wrong in this case. Realizing this could be a powerful military communications tool, they worked with the U.S. Navy to develop technologies that exploited this sound channel. As its name suggests, Aluminaut was developed with the Reynolds Metals Company, one of the largest aluminum companies in the world. What the Navy and Woods Hole were not willing to do, however, was to risk lives.
Persons: Rush’s, Rush, SOSUS, Alvin, Aluminaut, James Mavor Jr Organizations: United, Oceanographic Institution, U.S . Navy, U.S . Office, Naval Research, U.S . Navy Bureau of Ships, Reynolds Metals Company, Navy Locations: Silicon Valley, America, United States
This is a boring way to intro ourselves to new people. After getting to know everyone's name, one of the most common follow-ups is, "So what do you do?" And instinctively, people reply with their job and talk about their company, their role, and their day-to-day responsibilities. But when someone is talking about something they're super passionate about, your ears can't help but perk up. Instead of learning something about how someone's work cafeteria had some drama last week, you'll likely learn something brand new and get to know the person even better.
Persons: , Rihanna, it's, you'll Organizations: Service Locations: Swedish
He explains that companies say they want efficient teams but don't reward those who create them. Southern also says that managers add headcount when seeking a promotion and bloat the company. By hiring more team members, the manager's scope would naturally increase which increased the odds of being promoted. And efficient teams aren't actually helping them get there. This is why so many leaders first look to add more headcount instead of first looking to make the organization more efficient.
Persons: Brandon Southern, , I've, they're, it's Organizations: eBay, GameStop, Service, Microsoft, Google, Amazon, Gamestop, VMware Locations: Southern, bloating
But hundreds of pounds of Fruit Roll-Ups? Welcome to the age of TikTok-influenced smuggling. Because of a recipe that spread widely on the social media platform, Fruit Roll-Ups — the American-made fruit leather snack that has been passed out to children at baseball games and slumber parties since the 1980s — have become an obsession in Israel, where a shortage means smuggling in the snacks can be highly profitable. The agency has confiscated hundreds of pounds of Fruit Roll-Ups, it said — 661 pounds in one week alone. Given that one Roll-Up weighs in at 0.5 of an ounce, that makes for tens of thousands of individual packets.
3M reported $1.97 in earnings per share, higher than analysts expectations of $1.58 from FactSet. The company reported $2.63 in adjusted earnings per share on $5.9 billion in revenue. The company reported $39.99 billion in revenue, higher than $38.96 billion according to Refinitiv data. Novartis reported earnings per share of $1.71 on $12.95 billion in revenue, topping analysts' expectations of $1.54 per share on $12.52 billion in revenue. PepsiCo reported earnings per share of $1.50, topping analysts' expectations of $1.39.
Friction has already increased as the Teamsters accused UPS of slow-walking local negotiations. UPS said that the parties have traditionally worked on the national and supplemental contracts simultaneously and are ready to negotiate. In order to avoid a promised strike, O'Brien has said he wants better pay for part-time workers, an end to a lower-paid classification of weekend drivers, and a list of other demands. This is UPS CEO Carol Tomé's first union negotiation and she has said that the parties are not as opposed as they seem. Bone up on the issues the Teamsters have threatened to strike over with the stories below.
The idea that e-commerce will keep growing forever, and betting on it will lead to an almost inevitable rising tide, didn't survive the pandemic. Public flame-outs of entire categories of startups, like ultra-fast deliveries and Amazon seller aggregators, have further demonstrated the boom-and-bust nature of pandemic e-commerce investing. Apple's recent moves to give consumers more online privacy has had ripples through the e-commerce ecosystem, leading investors to take a beat. E-commerce logistics — fulfillment and last-mile delivery — said Sloane is fairly well-saturated at this point, he said. For many retailers, the pandemic offered a harsh lesson in how integrated their stores and their websites weren't, she said.
At the time of the email, Musk was battling a cave rescue diver who was suing him for defamation. Before grabbing some ice cream — I'll probably get cookies and cream — let's dive into today's tech. The tech world was thrown into chaos as Silicon Valley lost faith in its go-to bank, SVB Financial. If startups are worried the bank can't give them all their money back, then they might pull their accounts. Investors are sinking millions into startups like MARZ and Runway to bring AI tech to film and TV.
At the time of the email, Musk was battling a cave rescue diver who was suing him for defamation. Before grabbing some ice cream — I'll probably get cookies and cream — let's dive into today's tech. The tech world was thrown into chaos as Silicon Valley lost faith in its go-to bank, SVB Financial. If startups are worried the bank can't give them all their money back, then they might pull their accounts. Email dsiu@insider.com or tweet @diamondnagasiu) Edited by Matt Weinberger (tweet @gamoid) in San Francisco and Hallam Bullock (tweet @hallam_bullock) in London.
When I first read about the new Girl Scout cookie flavor that was flying off digital shelves and selling for hundreds of dollars on eBay, I was skeptical. I like Girl Scout cookies as much as the next guy — my favorites are Trefoils and Lemon-Ups — but I couldn't imagine myself visiting the resale market to get my hands on a box. They're described as a "thin, crispy cookie infused with raspberry flavor, dipped in chocolaty coating." After tasting the Rallys for the first time, it was pretty evident why the Girl Scouts haven't been able to keep it in stock. The Girl Scouts organization itself has released a statement criticizing resellers for "looking to make a profit off of the name without supporting our mission and the largest girl-led entrepreneurship program in the world."
The company reported an adjusted $2.12 per share on $43.11 billion in revenue. Analysts surveyed by Refinitiv were looking for $1.69 in earnings per share on $40.65 billion in revenue. Smith — Shares skyrocketed 13.7% after the manufacturing company reported earnings of $0.86 per share, beating consensus estimates. UPS also raised its dividend and sanctioned a new $5 billion stock repurchase plan. Pentair — Shares of Pentair surged 9.2% after the water treatment company reported earnings that topped Wall Street estimates for earnings and revenue.
Here's how to break down what's on most e-commerce package labels. What can a package label tell you? A package label can tell you a lot about where the package has been, how far it traveled, and even what's inside. The recipient and the destination address is in the middle, return address at the top left. Next to the return address is usually the weight of the package — a good thing to check on big items before lifting.
Michael Facherty, 71, retired after a career in IT and now plays Santa year-round. He attended "Santa School," where he learned to say "merry Christmas" in several languages. At around the same time, an actress I knew was working at a grotto which needed a Santa. How much I make as a Santa variesI do quite a lot free of charge for charities. If you really don't want a job, you price high and hope they say no.
The pandemic boosted e-commerce and the startups that pack and ship orders. Startups that once rode the rocket ship of the pandemic e-commerce boom are adjusting to solid ground again. In the fulfillment space just 18 months ago, startups were opening new facilities and making acquisitions at a furious pace. Along with e-commerce growth, the pace of venture funding has slowed, especially as the economy wobbles. (He said ShipHero had been profitable, but went into a growth phase after the first venture round.)
SKIP AHEAD Best products for rosacea | How to best manage rosacea | What type of products should you avoid with rosacea? The best products for rosacea in 2022Our expertssaid that a skin routine with gentle, non-abrasive products is best for people with rosacea. Cetaphil’s Gentle Skin Cleanser is recommended by dermatologists thanks to its gentle, non-foaming formula that helps hydrate and soothe rosacea-prone skin. Clinique’s Redness Solutions skin care line offers everything from cleansers to sunscreens that can be beneficial for those with redness and rosacea. Like Avene, La Roche-Posay is a French brand that makes gentle products for sensitive skin — our experts recommended this brand for both rosacea and acne-prone skin.
To help you make the most of Walmart’s anti-Prime Day sale, we compiled some of the best deals and sales available during the Deals for Days event, plus highlighted other notable counter sales at other retailers. The best deals during Walmart’s October Prime Day eventBelow, we’re sharing the best deals from Walmart’s counter Prime Day sale based on our previous coverage and reporting. 4.5-star average rating from 58 at WalmartThe Apple TV offers users Dolby Digital Plus 7.2 surround sound and 1080p HD video resolution. Walmart anti-Prime Day sale: The best sales at WalmartHere are the best anti-Prime Day sales at Walmart right now that we think you’ll want to know about. Up to 50% off floor care Up to 40% off fashion Up to 35% off home Up to 35% off personal careOctober Prime Day 2022: The best sales at other retailersIn addition to Amazon and Walmart, the following retailers are offering Prime Day sales we recommend.
CRISPR pioneer Feng Zhang is building a new gene-editing startup, Insider has learned. CRISPR pioneer Feng Zhang is in the process of launching yet another ambitious gene-editing startup, backed by approximately $200 million from some of biotech's biggest investors, Insider has exclusively learned. Aera was incorporated in September 2021, shortly after Zhang's research was published in Science. Aera is at least the seventh startup Zhang has cofounded, joining a list that includes base-editing biotech Beam Therapeutics, CRISPR company Editas Medicine, and gene-editing startup Arbor Biotechnologies. While the ARC protein seems tailored for brain delivery, Zhang's suite of proteins could reach other organs, Shepherd said.
Becca Meinz, the vice president of end-to-end supply chain at Best BuyBecca Meinz is the vice president of the end-to-end supply chain for Best Buy. Steve Lewis, the senior vice president of commercial strategy at GXOSteve Lewis is the senior vice president for commercial strategy at GXO. Kraig Foreman, the president of e-commerce at DHL Supply Chain North AmericaKraig Foreman is the president of e-commerce at DHL Supply Chain North America. Eduardo Vilar, the senior vice president of merchant solutions at AffirmEduardo Vilar is the senior vice president of merchant solutions at Affirm. Glen Sutton, the executive vice president at Ceva LogisticsGlen Sutton is an the executive vice president at Ceva Logistics.
Scott Belsky is the founder of Behance and the chief product officer at Adobe. The next generation of talent entering the workforce will overwhelmingly opt for what I've come to call "polygamous careers." The rise of immersive experiences will mainstream 3D creationI promised myself I wouldn't say it…but "Metaverse." We'll want AI-driven immersive experiences to know us well, but not at the expense of our security and comfort. Scott Belsky is an entrepreneur (Behance, 99U), and chief product officer of Adobe.
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