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☆ Zelle Fraud: I Got Scammed Out of $31,000 and My Bank Didn't Care
▼ + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com time to read: +38 min

Because a lot of bank branches were still closed, and the crew wanted their money, he requested that we transfer the money via Zelle. When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.

Persons: Madison Ketcham, Gary Kruglitz, Gary, couldn't, he'll, Gary —, —, Cheryl, Sheryl, Sheryl —, we'd, Jeff Allen's, didn't, Jeff, Krystal, we'll, He'd, you've, Karen, I'm, she'd, Yellllow, Zelle, Chase, Sen, Elizabeth Warren, there's, That's, It's, Jesus, who'd, Donald Trump, Gary Kruglitzes, Cheryls —, Yasmine48, Nixon, Evan Kohlmann, cybercrime, we've, I've, Kohlmann, Guess, Let's, that's, Elizabeth Warren's, it's, they're, Warren's, Warren, I'd, they'd, blinked Organizations: Boston Pops, The New York Times, New York Times, Chase, Bank of America, PNC, US Bank, PayPal, Disney, NBC, Warner Bros, Netflix, JPMorgan Chase, Bank —, of, Professionals, Justice Department, Northeast . Contractors, Cloudburst Technologies, Facebook, FBI, Mafia, Massachusetts State Police, Monterey Police Department, Police Locations: Massachusetts, Lyme, Tennessee, Wells Fargo, Truist, Silicon Valley, Amsterdam, Northeast, what's, Paxful, Estonia, Korea, Monterey , Massachusetts, Monterey

☆ These 5 Club stocks have defied the S&P 500's recent slide
▼ + stars: | 2023-09-25 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

September has been unkind to stocks – living up to its historical reputation as the weakest month for the S & P 500 . Still, some Club stocks have been able to buck the downward trend since the start of the month — and none more so than Humana (HUM). The health insurer advanced 7.3% through Friday's close, putting it among the top-10 performing stocks in the S & P 500 over that stretch. In a year largely characterized by outperformance in technology stocks, health care has been one of the worst S & P 500 sectors . The stock entered Monday's session down more than 11% in 2023, the third-worst of any Club stock.

Persons: Jim Cramer, Jim, Centene, Molina, it's, Ford's outperformance, –, Shawn Fain, Ford, Honeywell's outperformance, Vimal, Morgan Stanley, Kupar, Darius Adamczyk, Jim Cramer's Organizations: Federal Reserve, Treasury, CVS Health, Molina Healthcare, McKesson Corp, Humana, Costco Wholesale, Ford, Costco, Club, Detroit, General Motors, Chrysler, United Auto Workers, GM, UAW, Reuters, Honeywell International, Meta, Street Journal, Morgan, CNBC, New York Stock Exchange, View Press, Getty Locations: Friday's, Kupar, New York

☆ I made $124,000 last year answering people's questions about their antiques. Here's how I turned my passion into a remote job that gave me financial freedom.
▼ + stars: | 2023-09-22 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

I moved to New York, where I landed a job with a fine-art gallery and auction house. I left the art scene in New York and worried how I'd be able to make a living from art and antiques there. For a while, I sold antiques I'd bought on eBay and Etsy and did freelance work for clients in New York. I wanted to work in antiques remotelyI wanted to be able to work from home helping people around the world identify the value of art, antiques, and collectibles. This job gave me financial freedom, and I was able to buy a houseI was especially busy during the COVID-19 pandemic.

Persons: Nora Curl, Rookwood, Nelson Shanks, Ronald Reagan, Bill Clinton, I'd, — there's, I'm, There's, I've, Samuel Clemens, Samual Clemens, Mark Twain Organizations: Art, Art Basel, eBay, Mayflower Locations: Pennsylvania, Los Angeles, New York, London, Miami, Christie's, England, JustAnswer

☆ A Writer Scrutinizes Privilege, Starting With His Own
▼ + stars: | 2023-08-22 | by ( Jonathan Dee | ) www.nytimes.com time to read: +1 min

QUIET STREET: On American Privilege, by Nick McDonellIn the preface to his 11th book, the novelist and journalist Nick McDonell makes a very contemporary gesture of transparency by telling us how much he was paid to write it. Made deeply uneasy by the entitlement of America’s ruling class — an entitlement he himself took for granted as a child — he doesn’t have any extraordinary insight into why things are the way they are, or how they might be made otherwise. He relates these stories with a wince, though little in them seems all that groundbreakingly depraved. He and his Buckley schoolmates referred to the cafeteria workers by an unkind nickname. He once went to a wedding reception where there were four bars.

Persons: Nick McDonell, McDonell, —, Thomas Piketty, Anand Giridharadas, Buckley Organizations: Buckley, Harvard, Devon Yacht Club Locations: East Coast, Manhattan

☆ This Vietnamese automaker is worth more than Ford and GM. But it hasn’t sold many cars
▼ + stars: | 2023-08-17 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

CNN —Vietnamese electric vehicle company Vinfast is already more valuable than Ford (F) and GM (GM), based on its stock price, despite just entering the US market. For one thing, when critics got the chance to drive the company’s first US-bound product, the VF8 electric SUV, the resulting reviews weren’t what any automaker would hope for. The VF-8 electric vehicle from VinFast, a Vietnamese automaker producing electric cars and SUVs, is displayed at their showroom in Santa Monica, California, on September 13, 2022. In 2022, VinFast sold 24,000 cars globally. By comparison, Volkswagen Group sold 8.3 million vehicles in 2022 and Ford sold 4.2 million.

Persons: ”, Miguel Cortina, MotorTrend, Arstecnica, ” VinFast, Apu Gomes, Cortina, VinFast, VinGroup, Vinhomes Organizations: CNN, Ford, GM, Getty, Paris, South, Hyundai, Kia, Volkswagen Group, VinGroup Locations: Santa Monica , California, AFP, California, Vietnam, VinUni

Emma Willits, a mental health counselor from Des Moines, is looking for a candidate who cares about climate change and universal health care. He said he voted for Donald J. Trump twice and would probably do so again, if the former president wins his party’s nomination for a third time. But Mr. Hogan, too, would like more options. “These two jokers compared to Ronald Reagan?” said Mr. Hogan, a 58-year-old retiree from Pella, a small town an hour southeast of Des Moines. “Come on.”In an era when American politics are defined by discord, there’s one issue on which voters across the divided political landscape appear to be able to find common ground: Please, not another round of this.

Persons: Emma Willits, Biden, John Hogan, shushed, Donald J, Trump, Hogan, Ronald Reagan, ” Locations: Des Moines, Willits, Pella

☆ Joyce Carol Oates Figured Out the Secret to Immortality
▼ + stars: | 2023-07-16 | by ( ) www.nytimes.com time to read: +8 min

Talk Joyce Carol Oates Figured Out the Secret to Immortality“I have,” Joyce Carol Oates says, “so many ideas.” That’s putting it mildly. “The one I’m doing now, the reader’s going to be surprised.”Joyce Carol Oates in 1970. I don’t think about it too much. I thought, Wow, it’s so funny and weird and wonderful, and I don’t think there’s almost any readership for that. There’s Emily Dickinson over here, there’s Faulkner, there’s Cormac McCarthy, and I feel I’m in that territory.

Persons: Joyce Carol Oates, ” Joyce Carol Oates, “, ”, Oates, you’ll, ” Oates, Bettmann, what’s, Philip Roth, Philip, Bernard Malamud, I’m, John Updike’s, John Updike, Barack Obama, Jim Watson, Stickum, doesn’t, Nabokov, Ana de Armas, Marilyn Monroe, Cormac McCarthy, It’s, you’re, Monet, Van Gogh, there’s Hieronymus Bosch, he’s, Crumb, there’s Picasso, Emily Dickinson, there’s Faulkner, there’s Cormac McCarthy, David Marchese, Emma Chamberlain, Walter Mosley Organizations: Oates, Agence France, Presse, Getty, The New York, Twitter, Netflix, YouTube, Cal Newport Locations: America

☆ DeSantis Campaign Continues to Struggle to Find Its Footing
▼ + stars: | 2023-07-05 | by ( Nicholas Nehamas | More About Nicholas Nehamas | ) www.nytimes.com time to read: +1 min

Meanwhile, Mr. Trump hosted a rally in South Carolina that attracted thousands of people over the holiday weekend, a reminder of his enduring popularity with Republicans despite losing in 2020 and now facing at least two criminal trials. The race is still in its early days, but Mr. DeSantis’s rough week highlights the challenges his underdog campaign faces as it seeks a coherent strategy to break through against Mr. Trump. He has also attempted to move to the right of Mr. Trump on issues like abortion and L.G.B.T.Q. The wobbly launch of his presidential campaign makes for a stark contrast with the confident way Mr. DeSantis has governed Florida, where he silenced opposition within his own party and crushed Democrats at the polls during the midterm elections. It also has given hope to other primary candidates, several of whom have jumped into the race in recent weeks, that they can replace him as the party’s most plausible alternative to Mr. Trump.

Persons: Trump, DeSantis, Biden Organizations: Mr, Republican Locations: South Carolina, Florida

☆ Startup studio Fractal created 130 companies in 3 years. Founders say the deal structure has led VCs to 'blacklist' them.
▼ + stars: | 2023-06-29 | by ( Melia Russell | Stephanie Palazzolo | ) www.businessinsider.com time to read: +19 min

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

☆ Take Five: The only way is up
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +6 min

June 23 (Reuters) - It's been a turbulent week or two for markets, with one central bank after another making it very clear the only way for rates right now is up as inflation tightens its grip on the global economy. Bad news could be taken as a positive, if traders see it as a way of pushing authorities to offer more support to the economy - as long as it eventually arrives. Make your way to the foothills of Portugal's Sintra mountains from Monday through Wednesday. The agenda is, of course, inflation, inflation, inflation. Many expect initial attempts to talk the currency higher - "jawboning", in central bank jargon - before considering whether direct intervention is needed.

Persons: It's, Yoruk, Lewis Krauskopf, Naomi Rovnick, Amanda Cooper, it's, Big Tech's, CHRISTINE, Christine Lagarde, Yannis Stournaras, Jan Harvey Organizations: Investors, Federal, Credit Suisse, Big Tech, Federal Reserve, European Central Bank, Traders, ECB, Reuters Graphics Reuters, Analysts, Thomson Locations: Portugal, Rae Wee, Singapore, Amsterdam, New York, London, U.S, Beijing, China, Portugal's Sintra, SWEDEN, Swedish

☆ 3 soft skills separate highly successful CEOs from most people, says workplace coach—here's how to master them
▼ + stars: | 2023-05-03 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

America has a problem, says Bonnie Low-Kramen: Many of the country's CEOs are losing their sense of humanity. Much of the problem stems from a lack of interpersonal skills, Low-Kramen says. Low-Kramen's fix, for any level of the workplace: Develop your soft skills. Three soft skills — the "three Vs" — particularly matter in today's environment, Low-Kramen says. The transparency didn't keep Hilton employees from feeling confused or unmoored at the time, but it helped provide them with a sense of stability, Low-Kramen says.

☆ After Student’s Suicide, an Elite School Says It Fell ‘Tragically Short’
▼ + stars: | 2023-04-30 | by ( Benjamin Weiser | Tracey Tully | ) www.nytimes.com time to read: +1 min

Last April, Jack Reid, a 17-year-old junior at one of the nation’s elite boarding schools, tucked a Bible into his gym shorts and a note into his pocket directing his parents to a Google document explaining his feelings of despair. Then, inside his dorm room, he took his own life. On Sunday, the anniversary of Jack’s death, the Lawrenceville School in New Jersey offered an extraordinary admission of failure, publicly acknowledging that it had been aware that Jack was being bullied by other students, but that it had fallen “tragically short” of its obligation to protect him. “The school acknowledges that bullying and unkind behavior, and actions taken or not taken by the school, likely contributed to Jack’s death,” Lawrenceville officials wrote in a statement posted Sunday morning on the school’s website. The school committed to taking a series of corrective actions including endowing a new dean’s position that will be focused on mental health issues, with a goal of becoming a model for anti-bullying and student mental health.

☆ How parents can help kids overcome 5 friendship hurdles
▼ + stars: | 2023-04-24 | by ( Phyllis L. Fagell | ) edition.cnn.com time to read: +8 min

You can’t choose your children’s friends, but here’s how you can help them manage five frustrating friendship pitfalls. If they squeeze too tightly, the friend will want to get away.”Encourage your children to befriend their friend’s friend. “The idea is to help them understand that (true) friendships are bidirectional.”Share the concept of a “hot and cold” friend, too. 4: Your child can’t let go of a grudgeHow parents can help: Two fifth grade girls came to my counseling office for help resolving a conflict. 5: Your child frequently fights with friendsHow parents can help: If your children are triggered, ask them what the incident means and why it’s happening.

☆ An Airbnb host who was left with a $640 utility bill says that guests left the gas and water taps running after he did not meet their cancellation request
▼ + stars: | 2023-04-18 | by ( Huileng Tan | Reena Koh | ) www.businessinsider.com time to read: +3 min

A South Korean Airbnb host was handed a $640 utility and water bill after a couple's stay, per SBS. Two guests, who booked the Seoul home for 25 days, had left the gas and water taps running. He visited the property only to find an empty home with the windows open, and the gas left on, per SBS. Lee was particularly vexed about the 170,000 won water bill — the charge for using about 120 metric tons of water, per SBS. Airbnb's AirCover protection program covers guest damage to homes and damage to guests' belongings, but not high utility bills.

For Love & Money is a biweekly column from Insider answering your relationship and money questions. Write to For Love & Money using this Google form. My family isn't shy about referencing our perceived income gaps and often makes snarky remarks about how I choose to spend my money. I never discuss what I make with my family, and I try to avoid money matters in general. Happy Holidays,For Love & Money

☆ 10 New Year's resolutions every leader should adopt in 2023
▼ + stars: | 2022-12-19 | by ( Anese Cavanaugh | ) www.businessinsider.com time to read: +6 min

When it comes to effective results as a leader, she says it's all about the "human stuff." Prioritize the human, be present with them, and see them, and create guardrails, agreements for performance, and clear expectations. If your intentions are clean and you're focusing on the right things, the truth works just great. Save yourself a ton of time, energy, and bandwidth to focus on the right things — as opposed to posturing, pretending, and evading hard truths. She's the author of "Contagious You: Unlock Your Power to Influence, Lead, and Create the Impact You Want."

☆ Schumer reflects on how Senate Democrats went from infighting to big policy wins and a larger majority
▼ + stars: | 2022-12-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | Sahil Kapur | ) www.nbcnews.com time to read: +7 min

The 50-50 majority, which has been unkind to Senate leaders in the past, seemed to be slipping from his grasp. “Everyone said Democrats are gonna lose a whole ton of seats,” Schumer said during a wide-ranging interview in his Capitol Hill office. Democrats may have held the Senate, but they narrowly lost the House majority to Republicans, which could spell the end of the party’s biggest legislative goals. And despite Schumer’s confidence that he’ll hold the Senate majority again in 2024, the map presents enormous challenges. Schumer said he isn’t giving up on working with moderate House Republicans, including some who won swing districts in his home state of New York.

☆ Tubi CEO Farhad Massoudi on how FAST streamers superserve audiences and why Netflix and Disney+ have made the 'desperate' move to launch ad-supported tiers
▼ + stars: | 2022-12-15 | by ( Elaine Low | ) www.businessinsider.com time to read: +4 min

Tubi CEO Farhad Massoudi, who is featured on Insider's list of 100 People Transforming Business, is bullish about the FAST player's future. "We're competing with irrational players," Massoudi said of big-spending subscription streamers. With over 51 million monthly active users, mostly in the US, Fox-owned Tubi is beating all of its internal projections, Massoudi told Insider. "It's one thing to license that massive library," Massoudi told Insider in an October interview. "The truth is, most of these streaming services are not and were never a viable business," asserts Massoudi.

☆ Walmart reportedly investigated the manager who carried out the recent deadly shooting in Virginia two years before the attack following worker complaints
▼ + stars: | 2022-12-09 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +2 min

Walmart executives investigated manager Andre Bing 2 years before he carried out a mass shooting, according to WSJ. Walmart is facing 2 lawsuits from Chesapeake, Virginia, employees who allege that management had been warned about Bing. Walmart employees told Insider that the company's active shooter training was inadequate and outdated. Walmart is facing two lawsuits from Chesapeake employees who allege that management had been warned about Bing's problematic behavior before the mass shooting. In response to the lawsuits, Walmart released a statement that read, in part, "We are focused on supporting all our associates with significant resources, including counseling.

Some 83 percent of babies in the United States start out on breast milk, but by 6 months, just 56 percent are breastfed — and at that stage, only a quarter drink breast milk exclusively, as the American Academy of Pediatrics recommends. To find out what it takes to breastfeed a baby, The New York Times followed four mothers for a day as they nursed, pumped and supplemented their milk with formula. Dr. Ma returned to work four weeks after her oldest daughter’s birth and two weeks after her second arrived. While performing long operations, she leaked breast milk under her surgical gown. Now her hours are more reasonable, and she has an office with a door that locks — but Dr. Ma still feels relentless pressure to keep up.

☆ A first-generation college student with $146,000 in student debt says blocking Biden's relief 'feels like a really sick game': 'It's not the American dream that we were promised'
▼ + stars: | 2022-11-20 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Guilherme Lopes, 31, is a first-generation college student with $146,000 in student debt. He said the recent court decisions blocking the debt relief "feels like a really sick game." When his high-school guidance counselors advised him to take out student loans to finance his education, that's exactly what he did. He also had high hopes that it would aid his mother and brother, who also hold student debt. While Biden's administration has expressed confidence that it will prevail in court, Lopes said he's upset these lawsuits even happened in the first place.

☆ Sledgehammer execution of Russian mercenary who defected to Ukraine shown on video
▼ + stars: | 2022-11-13 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 13 (Reuters) - A video purportedly showing the sledgehammer execution of a former Russian mercenary who switched sides to back Ukraine was circulated on Russian social media on Sunday, with pro-Russian bloggers saying it was revenge for his alleged treachery. In an unverified video distributed on Telegram channels which Russian media said were linked to the Wagner mercenary group, the man identified himself as Yevgenny Nuzhin, 55, and said he had changed sides to "fight against the Russians". Wagner group, originally staffed by veterans of the Russian armed forces, has fought in Libya, Syria, the Central African Republic, Mali and Ukraine, among other countries. Wagner has been recruiting convicts in Russian jails in recent months, according to a video which showed Yevgeny Prigozhin, the founder of the Wagner mercenary group, speaking to convicts in a Russian jail. Asked to comment on the execution video, Prigozhin, the founder of the Wagner mercenary group, said in remarks released by his spokeswoman that the video should be called "A dog receives a dog's death."

☆ Taylor Swift’s ‘Anti-Hero’ music video appears to have been edited on one platform amid backlash
▼ + stars: | 2022-10-26 | by ( Dan Heching | ) edition.cnn.com time to read: +2 min

CNN —The backlash against one moment in Taylor Swift’s “Anti-Hero” music video appears to have prompted an edit on at least one platform. The video, which was written and directed by the singer, is meant to portray Swift’s “nightmare scenarios and intrusive thoughts,” according to her Instagram. The version of the video featured on Apple Music no longer cuts to the word, a moment some body positivity advocates construed as fatphobic. The YouTube version of the music video still featured the controversial scene as of Wednesday afternoon. In her 2020 documentary “Miss Americana,” Swift said unflattering pictures and unkind comments about her figure would sometimes “trigger me to just starve a little bit – just stop eating.”The controversial moment in Taylor Swift's music video, 'Anti-Hero' from the album 'Midnights'.

☆ Fund manager names 3 recession-proof stocks and reveals how to rescue your portfolio if underwater
▼ + stars: | 2022-10-26 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Semiconductor and growth stocks have tanked this year, bonds are underwater and even the S & P 500 is in a bear market. Many investors hold on to loss-making positions taking on "emotional pain" in the process, according to the portfolio manager. "The best investors in the world probably are right 60-70% of the time," Arcese told CNBC, speaking from Singapore. Stock picks The fund manager named three stocks that will "will work, kind of, in any type of economic environment" — UnitedHealth Group , Air Products , and Freeport McMoRan . Air Products, an industrial chemicals company, is an inflation hedge and an "incredibly defensive company," according to Arcese.

☆ Judi Dench says Netflix's 'The Crown' uses 'crude sensationalism'
▼ + stars: | 2022-10-20 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +3 min

LONDON, Oct 20 (Reuters) - British actress Judi Dench has called on Netflix to add a disclaimer to royal drama "The Crown", joining a chorus of voices criticising the series' fictionalised storylines. Netflix says "The Crown", which follows the reign of late Queen Elizabeth over the decades, is "fictional dramatization", inspired by real events. Its fifth season, in which a new cast will portray the royal family in the 1990s, premieres on Nov. 9, two months after King Charles ascended the throne. Dench referenced the scene, calling it "both cruelly unjust to the individuals and damaging to the institution they represent". Some royal commentators have also voiced concern the impact the show could have at the start of Charles' reign.

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