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☆ See how a couple transformed a $95,000 haunted Victorian mansion in Michigan into a colorful, maximalist wonderland
▼ + stars: | 2023-11-02 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Michelle Carder and Michael Ochs moved into a century-old Victorian home in Michigan in May 2016. AdvertisementAdvertisementVictorian homes are an alluring, lifelong love affair for Michelle Carder, who's fascinated with the era's grandeur and history. "The Victorian era was the first time in history that average people could afford to decorate their homes beautifully. The couple purchased the four-bedroom, three-bathroom home for $95,000 from an investment group that was "desperate to get rid of this thing," Carder said. AdvertisementAdvertisementMuch of those funds — $250,000, to be exact — have been poured into transforming the ho-hum Victorian home into a maximalist wonderland.

Persons: Michelle Carder, Michael Ochs, Carder, —, who's, maximalism, hasn't, We've, Ochs, Alphonse Mucha, Mucha Organizations: Service, Facebook, Ebay Locations: Michigan, Carder, Cadillac , Michigan, Grand Rapids, Orange County , California, Florida

☆ Crocs might just have released the ugliest — but coolest — pair of shoes we've ever seen
▼ + stars: | 2023-10-24 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +3 min

Crocs launched its new $120 cowboy boots on Monday. The American brand, which reinvented the modern-day clog, released a limited edition pair of $120 cowboy boots online this week. AdvertisementAdvertisement"Our goal is not to make the haters love the brand," Crocs CEO Andrew Rees told Insider back in 2019 at the height of the "ugly fashion" movement. "It's to exploit that extrinsic tension because it creates opportunity, it creates PR, it creates media, it creates interest. AdvertisementAdvertisement"STOP SENDING ME THE CROCS COWBOY BOOTS !

Persons: Crocs, —, Andrew Rees, Z, Heidi Cooley, Cooley, crocs couldn't Organizations: Service, KFC, The New York Times, SPURS

☆ Pop Land: Chinese toy company Pop Mart opens Beijing theme park
▼ + stars: | 2023-10-03 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —With its launch in 2010, Chinese toymaker Pop Mart set off a collectible craze with its anime-style figurines. Following in the footsteps of Disney and Studio Ghibli, Pop Mart has expanded into the theme park business, opening up its first in the Chinese capital of Beijing. The company said on Chinese social media platform Weibo that Pop Land - the 40,000-square-meter theme park that comes in four zones - opened on Tuesday, September 26 at Chaoyang Park. “I did think about whether Pop Mart will open a theme park. Pop Mart's character Pucky is featured in its recently opened theme park Pop Land in Beijing.

Persons: it’s, – Molly, Dimoo, Skullpanda, Mickey Mouse, Kitty, Harry Potter, Walt Disney, Molly, “, Pucky, Mart Organizations: Hong Kong CNN —, Disney, Weibo, Domestic, Chimelong, Shenzhen Overseas, Town Enterprises, Pop, Hong Kong Stock Exchange Locations: Hong Kong, Beijing, Chaoyang, Shanghai, China, Chinese, Guangdong, Japan, Thailand, New Zealand, Australia, Macao

☆ Gen Z are more concerned by getting better at their actual jobs than they are with improving the office soft skills their bosses say they lack, survey finds
▼ + stars: | 2023-10-03 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

A new Adobe survey found that almost half of Gen Z workers want more training on hard skills. On the contrary, only a third were keen on polishing up their soft skills like communication. Adobe's Future Workforce Study surveyed over 1,000 Gen Z workers in the US in early September to explore their career motivations and workplace expectations. A spokesperson for Adobe said that respondents were given a definition for hard skills and soft skills. They were informed that hard skills refer to job-related or technical knowledge and abilities, while soft skills were classed as interpersonal skills and traits that shape how you work.

Persons: —, Gen Z, Z, PWC, Jackie Henry, Deloitte's Organizations: Deloitte, KPMG, Service, Study, Adobe, Financial Times

☆ The market's heaviest hitters are sounding the alarm on US debt
▼ + stars: | 2023-09-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Three market experts have cited concern that growing US debt will send interest rates up. US debt supply will only grow, as a recession would expand the federal deficit, Jeffrey Gundlach added. The warnings come as federal deficits have exploded in recent years, sharply elevating the trajectory of US debt. AdvertisementAdvertisementThough interest rate gains would help drive demand for bonds, they make debt servicing more costly. Bill GrossThe "bond king" who drove Pimco's fixed-income success had similar apprehensions about the debt market.

Persons: Ray Dalio, Bill Gross, Jeffrey Gundlach, Dalio, Pimco's, Gross, I'm, Gundlach Organizations: Service, Treasury Department, Federal Reserve, Wall Street, Bridgewater Associates, Milken Institute Asia Summit, Treasury, Fox Business Locations: Wall, Silicon, Singapore

☆ Tucker Carlson claims we're 'speeding toward assassination' of Trump, amping up baseless far-right conspiracy theory
▼ + stars: | 2023-09-02 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Tucker Carlson baselessly claimed that the political establishment is plotting to assassinate Donald Trump. The conspiracy theory has been growing in traction among far-right figures. The former Fox News host peddled the conspiracy theory in an interview with anti-woke comedian Adam Carolla posted on Wednesday. The conspiracy theory has been amplified by prominent far-right figures such as Infowars' Alex Jones and former Fox News host Dan Bongino, according to NBC News. Bongino claimed that the "plot to take out Trump is metastasizing" in a recent podcast episode titled "Speeding Towards Assassination?"

Persons: Tucker Carlson baselessly, Donald Trump, Adam Carolla, What's, Carlson, Trump, Alex Jones, Dan Bongino, Jones, Bongino, Daniel Jones, Fox Organizations: Service, Fox News, Trump, NBC News, Advance Democracy, NBC, Systems, Trump's Locations: Wall, Silicon, Washington

☆ Hedge funds beefed up A.I. bets in the second quarter
▼ + stars: | 2023-08-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

2023 has been the year for artificial intelligence stocks, and hedge funds in the second quarter beefed up their bets on the growth sector despite its sharp run up this year. Doubling down on Big Tech Despite the uptick in tech shares by the end of the first half, many hedge funds amped up their bets on Alphabet during the second quarter. David Tepper's Appaloosa bet big on AI winners , growing positions in Alphabet, Amazon , Meta Platforms and Microsoft during the period. Betting on chip stocks Nvidia shares have popped 200% as the company triumphs as AI chipmaker to beat this year. Beyond these pure-play AI bets, Coleman added to semiconductor Lam Research .

Persons: Bill Ackman's, Dan Loeb's, David Tepper's, Baupost's Seth Klarman, Philippe Laffont's Coatue, Tiger Global's Chase Coleman, Mark Zuckerberg's, Dan Sundheim's, Ole Andreas Halvorsen, Loeb, Coleman, Sundheim, Baupost, Keith Meister's, Laffont, Yun Li, Sarah Min, Brian Evans Organizations: Big Tech, Microsoft, Tiger Cub, Management, Apple, Amazon, Facebook, Meta, Nvidia, Devices, Viking, Taiwan Semiconductor, Micron Technology, AMD, Intel, Qualcomm, Broadcom, Marvell Technology, Materials, Global, Lam Research, Netflix, Viking Global, NXP Semiconductors, Semiconductor Locations: Apple, Amazon

☆ How market expectations have changed this year
▼ + stars: | 2023-07-24 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

As the economy and market continue to hum along, some investors’ expectations for what’s to come are shifting. Before the Bell: What were your market expectations at the start of this year, and how have they changed? Lori Van Dusen: When you look at what’s happened in the market on the surface, I think everybody knows it’s been a really good market, especially in the US, but it’s also been a very concentrated market around these seven stocks. And I think that’s why the market is broadening, and generally market participants are more constructive and taking their wins in technology and rotating. I think they’re fundamentally great companies, but I don’t think that their leadership will continue.

Persons: Tesla, ’, Bell, Lori Van Dusen, it’s, we’ve, I’ve, Don’t, don’t, you’re, You’ve, Nathaniel Meyersohn, CNN’s Caolán Magee Organizations: CNN Business, Bell, CNN, Dow Jones Industrial, Nasdaq, Nvidia, Apple, Microsoft, Fed, LVW Advisors, Economic, Institute, National Restaurant Association, Workers Locations: Las Vegas, States, Europe, Rome, Greece

☆ Elon Musk is escalating his beef with Mark Zuckerberg, claiming WhatsApp 'cannot be trusted' and saying the Meta CEO seems 'extremely partisan'
▼ + stars: | 2023-05-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Elon Musk slammed Meta CEO Mark Zuckerberg on Monday, saying he seemed "extremely partisan." Elon Musk is amping up his beef with Mark Zuckerberg this week, saying the Meta CEO seems "extremely partisan," and blasting WhatsApp over privacy concerns. And on Tuesday, Musk moved on to criticizing WhatsApp, which is owned by Meta. And when Zuckerberg questioned Musk's negativity toward AI as "irresponsible" in 2017, Musk tweeted that the Meta CEO's "understanding of the subject is limited." Musk and Meta did not immediately respond to Insider's requests for comment sent outside regular business hours.

☆ Steel barricades are going up outside Trump Tower in New York as a Trump indictment looms
▼ + stars: | 2023-03-22 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

The NYPD has set up steel barricades outside of the Trump Tower in New York City. Police officers were also seen stationed outside Trump Tower, per the Associated Press. A video from the Associated Press showed steel barricades going up in front of the golden doors of Trump Tower on Tuesday. A person dressed up as Donald Trump in an orange prison jumpsuit stands in front of the barricaded Trump Tower. AP Photo/Bryan WoolstonOn Monday, police put up similar steel barricades outside the Manhattan Criminal Court, where Trump could be indicted, per Politico.

☆ Reshoring is accelerating—These stocks should benefit as companies return to the U.S.
▼ + stars: | 2023-02-27 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Reshoring declarations are amping up, as more companies look to return operations to the United States from overseas. Corporate reshoring announcements jumped 17% in the fourth quarter compared with the prior quarter and are now tracking nearly 300% higher than the fourth quarter of 2021, according to UBS. In fact, reshoring and foreign direct investments jobs reached a record of at least 360,000 jobs last year, according to the Reshoring Initiative. The move back to the U.S . can also be seen in corporate earnings, said Ron Graziano, managing director of global accounting and tax for Credit Suisse. The company's equipment is needed for big semiconductor manufacturing plants as companies test chips as they are produced, Snyder said.

☆ Traditional automakers have one huge leg up on EV startups: A nationwide network of shops ready to service cars
▼ + stars: | 2023-02-16 | by ( Alexa St. John | ) www.businessinsider.com time to read: +6 min

But today's EV startups don't operate that way. When in need of service, car buyers typically utilize the massive dealership network automakers like Ford, GM, Toyota and others have, or choose to take their vehicle elsewhere. Unlike Tesla, today's EV startups can't afford to tick their owners off with waits or make prospective buyers worry about repairs and service. The right-to-repair movement is also going to be significant for EV startups moving forward. "It comes down to how confident a given consumer feels when going with an electric vehicle from a new EV brand versus a traditional car from a traditional car company," Brauer said.

☆ We see Tesla as a technology conglomerate, says Oppenheimer's Colin Rusch
▼ + stars: | 2022-12-28 | 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 EmailWe see Tesla as a technology conglomerate, says Oppenheimer's Colin RuschColin Rusch, Oppenheimer managing director and senior research analyst, joins CNBC's 'Squawk on the Street' to discuss the end-of-quarter expectations for Tesla, EV vehicles amping up capacity, and incentives for consumers to buy EVs.

☆ Substack is having a moment, again. But can the startup live up to its massive $650 million valuation?
▼ + stars: | 2022-12-19 | by ( Samantha Stokes | Steven Perlberg | ) www.businessinsider.com time to read: +17 min

He provided a place where readers could find him "in case the bird app spirals into oblivion": his Substack newsletter. The epidemiologist Eric Feigl-Ding began promoting his Substack newsletter to his 722,000 Twitter followers in early November. They have been a welcome addition, Substack writers say. Substack has also recently rolled out mentions and cross-reporting functions, where writers can mention other Substack writers and share existing posts with their audiences. The irony, of course, is that many Substack writers rely on their Twitter audiences to promote their posts.

☆ Execs aren't convinced ESG investments deliver profits. The skepticism might undercut sustainability budgets.
▼ + stars: | 2022-12-09 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

More than 90% of executives said ESG spending delivered returns within a few years in a new survey. The skepticism and possible recession could undercut ESG spending in 2023. The benefits for a brand are the clearest path to a return on investment, Singh said. Further analysis by Infosys found that a 10-percentage-point increase in ESG spending correlated with a profit growth of 1 percentage point. Even so, there are changes a company can make that don't cost any money but deliver returns, Singh said.

☆ Russia is likely removing nuclear warheads from cruise missiles and firing them into Ukraine, the UK says
▼ + stars: | 2022-11-26 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Russia is likely firing cruise missiles with nuclear warheads removed into Ukraine, UK's defense ministry said. The defense ministry said that open source imagery appeared to show an AS-15 KENT air-launched cruise missile that had been shot down in Ukraine. Russian warship launching a cruise missile. US officials previously said that Russia is likely struggling to replenish its stockpiles due to sanctions and supply chain disruptions, the Associated Press reported. Russia has not provided any information about its missile supplies, and there is no data to assess it independently.

☆ Meet a couple who bought 19 properties in 4 years, retired at 40 and built a net worth of $1.5 million
▼ + stars: | 2022-11-12 | by ( Ryan Ermey | ) www.cnbc.com time to read: +7 min

Debbie and Chris Emick. These days, between a mix of investments, savings and real estate holdings, Debbie and Chris, now 43, boast a net worth of about $1.5 million. Debbie and Chris Emick. The Emick family. Chris Emick

☆ Canada's inflation beat boosts chances for 75-bp rate hike
▼ + stars: | 2022-10-19 | by ( Julie Gordon | ) www.reuters.com time to read: +2 min

Canadian inflation edged down to 6.9% in September, a notch ahead of forecasts of 6.8% and down from 7.0% in August. "So I think it keeps the Bank of Canada on track to deliver another so-called supersized hike." The Bank of Canada is widely expected to raise its policy rate at its next decision on Oct. 26. "I think that the Bank of Canada should hike by 75 (bp) next week," he added. On the month, Canada's consumer price index rose 0.1%, slightly ahead of forecasts that it would remain flat.

☆ Russia’s evacuation of civilians in southern Ukraine betrays Kremlin concern
▼ + stars: | 2022-10-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Yuliya-Talmazan-Circle-Byline-Template.Jpg | Yuliya Talmazan | ) www.nbcnews.com time to read: +7 min

But the Kremlin still doesn’t seem confident that its military can hold back a Ukrainian counteroffensive ahead of winter. The head of the Moscow-appointed regional administration, Vladimir Saldo, without using the word “evacuation,” asked Moscow Thursday to welcome families from the Kherson region that want “to protect themselves” from what he described as constant Ukrainian shelling. The Kremlin promptly agreed to support such efforts, with officials in the southern Russian region of Rostov saying the first arrivals were expected Friday, the state news agency Tass reported. Kyiv has been striking Russian military sites and installations in the region for several months, according to its defense officials, as it prepared for its long-touted counteroffensive there. “If Kherson falls, there will be a moment in which potentially there may be further breakthroughs by Ukraine,” Mevin said.

☆ Putin's escalation of Russia's war effort in Ukraine is proof he is failing, say US and UK
▼ + stars: | 2022-09-21 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

The UK and the US reacted to Putin's speech by saying it points to Russian failure. Ukraine recently repulsed some of Russia's forces, retaking large swathes of territory. Putin announced a mobilization of army reservists towards his war in Ukraine early Wednesday Moscow time, breaking an earlier commitment not to and amping up his warlike rhetoric. He accused parts of the West — which has been supplying weapons and expertise in the defense of Ukraine — of trying to destroy Russia. Putin's threats and broken promises are "an admission his invasion is failing," UK Defense Minister Ben Wallace wrote in a statement moments after the speech.

☆ Meet 8 of the top cars seen at the Chicago Auto Show — and the best electric options
▼ + stars: | 2022-02-22 | by ( Alexa St. John | ) www.businessinsider.com time to read: +2 min

Car companies historically use auto shows as opportunities to show off new vehicles. Automakers debuted a pile of new vehicles, many electric, at the Chicago Auto Show this year. This article is part of the Ride Along series, a collection of stories recapping some of the biggest auto shows around the country. At this year's Chicago show, car companies had debuts, and many outlined — to no surprise — the electric future of their lineups. You can see the future of autos from makers like Ford, GM, and Subaru, at the Chicago Auto Show.

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