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☆ A D.E. Shaw internship could land a dream gig at the secretive hedge fund. Here's what it takes.
▼ + stars: | 2023-04-10 | by ( Michelle Abrego | ) www.businessinsider.com time to read: +8 min

Shaw's recruiting head, took us inside the firm's process for finding talent. Shaw Group is one of the highest-grossing, and most secretive, hedge funds on Wall Street, with $60 billion under management. Launched by former Columbia University computer-science professor David Shaw above a small left-wing bookshop in lower Manhattan in 1988, D.E. The interview process includes an initial video interview, a case study or coding test (depending on the internship), a second round of video interviews, and a reference check. At any point in the process, candidates might even be steered toward an internship other than the one they applied to that could better align with the candidate's skills and interests.

☆ A summer internship at D.E. Shaw can pay up to $20,000 a month. Here's what it takes to land a coveted spot.
▼ + stars: | 2023-04-06 | by ( Michelle Abrego | ) www.businessinsider.com time to read: +8 min

☆ Gen Z wants to run your company. 'Shadow boards' give them a say without handing them the keys.
▼ + stars: | 2023-03-31 | by ( Juliana Kaplan | Rebecca Knight | ) www.businessinsider.com time to read: +8 min

Oliver Wyman says its shadow board helped contribute to a 30% reduction in attrition in 2022. Andrew Pérez started at the management-consulting company Oliver Wyman three years ago. Oliver Wyman started its shadow board in 2021. Oliver Wyman's executive team tends to be older, while the shadow board skews younger and more diverse. She was eager to join the shadow board last year.

☆ How Fred Smith's crown jewel, FedEx Express, became the company's problem child — and how FedEx can save it
▼ + stars: | 2023-03-30 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +6 min

FedEx Express, which does precisely-timed deliveries , has been struggling the most. FedEx is at a critical point in its 52-year evolution and founder Fred Smith's pride and joy — the company's Express delivery service — has become the firm's problem child. "Can FedEx Express shrink itself to prosperity?" "For a very long time, over 10 years, improved Ground service is diluting or cannibalizing existing Express deliveries," Maciuba said. "Was there a tremendous amount of fat in FedEx Express?

☆ Some FedEx employees say layoffs are wrecking morale and chipping away at the famous loyalty that Fred Smith built
▼ + stars: | 2023-02-15 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Some insiders see the layoffs as a failure of leadership and fear a lasting shift in FedEx culture. But now, some also question if the company Smith built is changing for good. "The erosion just kept happening," said one former FedEx who left the company in the last year. Inside the company, employees are doing the back-of-the-envelope calculations on the cuts still to come — Subramaniam promised $4 billion and cuts this fiscal year. "There is still that emphasis that people are first at FedEx," said a 15-year FedEx veteran who left last year.

☆ These van-lifers stay in scenic mansions for free as traveling house-sitters — here's how
▼ + stars: | 2023-01-19 | by ( Claire Turrell | ) www.businessinsider.com time to read: +8 min

Danielle Gross and Gunnar Michels got married as strangers on TikTok on Valentine's Day in 2021. Michels posted a video on TikTok for a stranger to be his bride and selected Gross from around 1,000 responses. Courtesy of Danielle Gross and Gunnar Michels"The house was absolutely gorgeous," Gross said. "We pull up with our ambulance and then we slowly bring our belongings into the house," Michels said. Courtesy of Danielle Gross and Gunnar MichelsMichels and Gross said horse-sitting at another house was a breeze.

☆ 'The Phantom of the Opera' is closing soon — Meet some of the lifers who've worked on it for decades
▼ + stars: | 2022-12-15 | by ( Chris Dilella | Andrea Day | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'The Phantom of the Opera' is closing soon — Meet some of the lifers who've worked on it for decadesAfter 35 years on Broadway, "The Phantom of the Opera" will close its doors at the Majestic Theatre on April 16. Today, 20 employees are still working at "Phantom" after more than three decades. During its run, the show created an estimated 6,500 jobs, including 400 actors. That's more jobs than any show in U.S. theatrical history.

watch nowAfter more than three decades, "The Phantom of the Opera" is getting ready to hang up its mask on Broadway. Casting director Tara Rubin has helped hand-pick the actors for the beloved musical for more than three decades — working just down the street from the Majestic. "Phantom of the Opera" Casting Director Tara Rubin CNBC"I never really dreamed that I would have a job like this," Rubin told CNBC. Rubin is just one of 20 "lifers" who have worked on the show for more than three decades. "Phantom of the Opera" Head Electrician Alan Lampel CNBCThe one-ton chandelier is the centerpiece of the show.

☆ I quit my job as a Goldman Sachs VP to write romance novels. It was scary but worth the career change.
▼ + stars: | 2022-11-18 | by ( Lindsay Macmillan | ) www.businessinsider.com time to read: +7 min

She left Wall Street to pursue her passion during the Great Resignation. I left my job at Goldman Sachs to pursue my lifelong dream of being an author. In my last few years at the firm, I had an uncommonly good work-life balance for Wall Street, logging only about fifty hours a week. In the midst of the rejections and self-doubt in the years leading up to the book deals, I was grateful for my Wall Street job. In my first job at Goldman, I'd been the only woman investor on my NYC team of twenty men.

☆ Meet 5 of Goldman Sachs' newest partners, including a top fintech dealmaker and a structured trader from Honduras whose 3 brothers also work on Wall Street
▼ + stars: | 2022-11-09 | by ( Dakin Campbell | Alex Morrell | Emmalyse Brownstein | ) www.businessinsider.com time to read: +9 min

It also includes a star fintech banker and leading voice on the Black experience on Wall Street. Here are 5 top names who will help shape the Wall Street of tomorrow. In the 12 years that he's been at Goldman, Watkins has helped Goldman advise on some of the technology industry's biggest transactions. He has also been a leading voice in discussing the Black experience on Wall Street. After graduating in 2010, he went to work for the Global Electronic Trading Co., known on Wall Street as GETCO.

☆ This 25-year-old actor converted an ambulance into a home-on-wheels with $15,000 and now lives in NYC rent free — see inside
▼ + stars: | 2022-11-03 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

25-year-old actor Eli Young lives full-time in an ambulance he renovated with $15,000. See inside the converted ambulance complete with a fold-out bed, shower, kitchen, and workspace. "I was really, really fed up." Without the burden of rent, Young says he now has the freedom to pursue acting gigs around the country. "I feel very lucky because I just don't see myself packing up everything and paying rent in New York."

☆ Meet the TikToker who quit van life after gas prices soared — she's making $4,000 a month while living in her car and waiting for her new Tesla to arrive
▼ + stars: | 2022-10-23 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

Billie Webb is a TikToker who filmed herself taking part in van life last year. Now she has raffled off her van to live in a 2015 Mazda, blaming soaring gas prices. Van life has become more popular amid the pandemic and rising rents and property prices. Webb quit van life as gas prices soared, with her Chevy running at 7 to 10 miles a gallon and costing her more than $100 to fill up. Gym memberships are a must-have for anyone joining van or car life, she said.

☆ Cramer says he found out just how necessary Apple products are the hard way
▼ + stars: | 2022-09-12 | 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 EmailCramer says he found out just how necessary Apple products are the hard wayJim Cramer says that while on his Italy vacation he cracked his Apple Watch and then lost his iPhone. It's still one more realization that Apple's customers are lifers because these products are necessities, he adds. The CNBC Investing Club owns shares of Apple.

☆ New Orleans battled mass incarceration. Then came the backlash over violent crime.
▼ + stars: | 2022-07-06 | by ( Jamiles Lartey | The Marshall Project | Jamiles Lartey Is A New Orleans-Based Staff Writer For The Marshall Project. | ) www.nbcnews.com time to read: +9 min

candidates before him, he appealed to a kind of economy of justice: that spending less time on minor crimes, and on things that shouldn’t be crimes, would give prosecutors more time and resources to tackle violent crime. Reflecting on his first 17 months in office, Williams made sure to mention a slew of recent convictions in nearly the same breath as his efforts toward reform. He recognizes that violent crime is up, and that his office is responsible for addressing it. Williams’ office argued Mitchell had been unfairly denied a chance at parole. The Metropolitan Crime Commission, a nonprofit that publishes weekly city crime data and has been critical of Williams, found that in 2021, 74% of violent felony cases were resolved this way.

☆ Carol Tomé was hired to whip UPS into shape, but some insiders worry she's killing what made the company great in the first place
▼ + stars: | 2021-07-06 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +11 min

UPS CEO Carol Tomé speaks before a group at a UPS faciltity in Pleasantdale, Georgia. Employees hold roughly 70% of UPS stock, so they benefit from a rising share price. One gesture she made on this front was allowing UPS drivers to have beards, natural hairstyles like Afros and braids, and visible tattoos. UPS CEO Carol Tomé sits in a UPS delivery van on a package route ride-along. While Tomé has made some UPS employees anxious, she's pleased Wall Street: UPS' stock has nearly doubled since the start of her tenure.

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