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☆ Nike envisions a wild future with Olympics in outer space, clothing made of spider silk, and footballs make of stardust
  + stars: | 2023-04-03 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +8 min
Nike recently published a fun and thought-provoking book about the company's next 50 years. The company playfully envisions athletic competitions in space and footballs made from stardust. The small 192-page book is mostly a fun, futuristic read about what Nike might be doing in 2073. Sam Grawe, who wrote the 2021 book Nike: Better is Temporary, is an editor and contributed essays. On a more terrestrial level, Nike foresees clothing made from spider silk and the emergence of volcanic glass compounds.
☆ We're initiating a position in this retailer as a turnaround play
  + stars: | 2023-03-27 | by ( Jeff Marks | ) www.cnbc.com   time to read: +5 min
Shortly after the opening bell on Monday, we will be initiating a position in Foot Locker (FL) , buying 350 shares at roughly $38.46. Foot Locker shared its fourth-quarter 2022 results and held an investor day event last Monday. Closing these doors will also allow Foot Locker to shift resources and products to higher performing off-mall and A/B locations. But one point to keep in mind about Foot Locker is that this is a turnaround play. Nike sneakers sit on display at a Foot Locker store inside the South Park Mall in Strongsville, Ohio, March 4, 2014.
☆ A professor says he's stunned that ChatGPT went from a D grade on his economics test to an A in just 3 months
  + stars: | 2023-03-26 | by ( Ryan Hogg | ) www.businessinsider.com   time to read: +4 min
An economics professor was stunned by the progress ChatGPT made in an exam in just three months. Bryan Caplan of George Mason University said the chatbot got a D in his economics test in January. Bryan Caplan, an economics professor at George Mason University, told Insider the latest version of ChatGPT could now be responsible for the first big bet he's ever lost. Caplan told Insider the bot failed to understand basic concepts, such as the principle of comparative and absolute advantage. "I'm probably going to lose this AI bet but I am totally on board to do a bunch more end-of-the-world AI bets because I think these people are out of their minds."
☆ The future of the U.S. military's tank force
  + stars: | 2023-03-25 | by ( Brad Howard | ) www.cnbc.com   time to read: +2 min
"The Russian tanks didn't fare well," said William D. Hartung, senior research fellow at the Quincy Institute. "They were taken out pretty quickly by modern anti-tank systems. And I think that would be a problem also for U.S. tanks in a future conflict." "It's pretty obvious from that, that the tank is still an important part of the battlefield." Watch the video above to find out more about tanks and what military experts view as their potential relevance in future battles
☆ We're revising price targets on 5 Club stocks, adding a U.S. retailer to the bullpen and sticking with a key bank
  + stars: | 2023-03-24 | by ( Jeff Marks Jim Cramer | Jeff Marks | Jim Cramer | ) www.cnbc.com   time to read: +9 min
With estimates pushing higher, we think the rally in META still has more room to run, prompting us to raise our price target. Bullpen The newest addition to our bullpen is Foot Locker (FL). Foot Locker has also been a victim of the shift to shopping on ecommerce platforms, given its large presence in malls. But if she can do for Foot Locker what she achieved at Ulta Beauty, Footlocker's shares can go much higher. An employee arranges a sneaker display at a Foot Locker Inc. store inside the South Park Mall in Strongsville, Ohio.
☆ Foot Locker is closing 400 stores by 2026
  + stars: | 2023-03-20 | by ( Parija Kavilanz | ) edition.cnn.com   time to read: +3 min
New York CNN —Foot Locker is planning to shut 400 stores by 2026 as it strives to become more relevant to younger shoppers by relaunching its retail brands, introducing “experiential” new store concepts and simplifying its operations by closing underperforming mall-based stores. The stores slotted for closing across North America account for nearly 10% of Foot Locker’s total sales, said Anthony Aversa, Foot Locker senior vice president of store development. Under its corporate umbrella, Foot Locker operates more than 3,000 Foot Locker, Kids Footlocker, Champs Sports, WSS and atmos stores globally. Foot Locker reported fourth quarter sales Monday that eased 0.3% versus a year ago. Foot Locker CEO Mary Dillon told analysts she thinks hybrid work is here to stay and it’s fueling the strength and longevity in casual dressing.
☆ The US Army is getting a new vehicle to replace the armored personnel carrier it has used since before the Vietnam War
  + stars: | 2023-03-20 | by ( Drew F. Lawrence | ) www.businessinsider.com   time to read: +4 min
The AMPV is a tracked armored vehicle with gearing and suspension similar to the M2 Bradley. The Armored Multi-Purpose Vehicle, or AMPV, is a tracked armored vehicle with similar gearing and suspension as the M2 Bradley Fighting Vehicle, 60 of which are on their way to Ukraine amid Russia's renewed invasion. The US Army's Armored Multi-Purpose Vehicle compared to the M113 armored personnel carrier. The M113 has been a staple in the Armored Brigade Combat Team, the Army's premier armored formation, for decades. Related: Army Set to Receive First Armored Vehicles to Replace Vietnam-Era M113
☆ My small Christian college on Wall Street is on the brink of going under. It had it coming.
  + stars: | 2023-03-18 | by ( Paige Hagy | ) www.businessinsider.com   time to read: +8 min
I just graduated from a Christian college on Wall Street, and it's on the verge of going under. The King's College is a tiny, private liberal arts school located in New York City's Financial District. And as an Asian woman who grew up in white, conservative Christian spaces, I didn't feel out of place in a student body that was predominantly white. 'Don't just go to college, come to King's'So how does a small, Christian school end up in the heart of the country's largest city? The King's CollegeThere are two kinds of King's students: those who just go to King's and those who are "King's people."
☆ I have a 6-figure side hustle as a user-generated-content creator. It only takes a few hours a week — here's how I scaled it.
  + stars: | 2023-03-17 | by ( Perri Ormont Blumberg | ) www.businessinsider.com   time to read: +8 min
I'm a creative director with a part-time gig as a user-generated-content, or UGC, creator. Between then and May 2016, I worked part time, lived at home, and built my UGC portfolio. I make my UGC ads feel naturalAlthough my UGC concepts are launched as ads, I make them feel like your friend posted it. As a UGC creator, you have to be aware of the latest social trends and nuances in marketing. What you choose to do after these gut punches is what separates the UGC creator who gave up after two weeks from the creator who makes four or five figures a month.
☆ Nike and Lululemon are obliterating the competition when it comes to drawing customers to stores
  + stars: | 2023-03-17 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +3 min
Foot traffic at Nike and Lululemon stores increased each of the last three monthsDuring the same time period, foot traffic at sporting goods apparel stores decreased. Traffic increased more than 11% at Lululemon stores and nearly 6% at Nike stores while traffic at sporting goods apparel stores decreased by nearly 8%, according to a new report from Placer.ai, a retail analytics firm. The sporting goods apparel category for Placer.ai includes chains such as Dick's Sporting Goods and Hibbett. Lululemon stores host yoga classes. While foot traffic is increasing at Nike and Lululemon stores, in recent months several brands, including Nike, Adidas, and Allbirds, have signaled renewed interest in wholesale channels.
☆ No, 'Stranger Things' star Noah Schnapp didn't open his own restaurant. It's the latest 'virtual brand' offering from IHOP.
  + stars: | 2023-03-16 | by ( Nancy Luna | ) www.businessinsider.com   time to read: +5 min
Thousands of virtual brands continue to flood delivery apps like Uber Eats, DoorDash, and Grubhub. IHOP is launching a third delivery-only brand – a chicken menu by a "Stranger Things" star. Partnering with Noah Schnapp and Nextbite were a seamless fit to meet the consumer target for our newest Virtual Brand." Stranger Things star Noah Schnapp helped create a virtual chicken menu for IHOP. Nextbite's other celebrity-backed virtual brands include Packed Bowls by Wiz Khalifa and 'Wichcraft sandwiches by Tom Colicchio.
☆ We're buying more shares of this retailer as stocks point to an ugly open
  + stars: | 2023-03-15 | by ( Jeff Marks Jim Cramer | Jeff Marks | Jim Cramer | ) www.cnbc.com   time to read: +3 min
Shortly after the opening bell Wednesday, we will buy 75 shares of TJX Companies (TJX) at roughly $73.50. Following today's trade, Jim Cramer's Charitable Trust will own 875 shares of TJX, increasing its weighting in the portfolio to about 2.57% from 2.36%. Markets are pointing to a sharply lower open Wednesday, with the S & P 500 sliding 1.75% in premarket trading. TJX YTD mountain TJX Companies (TJX) YTD performance That's what is drawing us to TJX Companies , the off-price retailer that appeals to consumers looking for a discount on quality merchandise. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
☆ Trump wades into education culture war as he eyes race with DeSantis
  + stars: | 2023-03-14 | by ( James Oliphant | ) www.reuters.com   time to read: +5 min
Trump hasn't been waging the same kind of cultural warfare over education that DeSantis and other Republicans have since the coronavirus pandemic. DeSantis was in Iowa on Friday, speaking at a pair of political events that appeared to be laying groundwork for a presidential bid. His education agenda in Florida was a recurring theme in his remarks, and DeSantis credited it as a reason that he convincingly won re-election last year. DeSantis has asked the Florida legislature to expand a ban on teaching gender-identity concepts to eighth grade from third grade currently. Some of Trump’s education ideas include rewarding teachers who teach “patriotic values” and requiring direct election of school principals by parents, although how he would bring that about is unclear.
☆ Trump looks to play catch-up to DeSantis on education in 2024 race
  + stars: | 2023-03-13 | by ( James Oliphant | ) www.reuters.com   time to read: +5 min
The coronavirus pandemic gave rise to a host of hot-button issues surrounding education that have mobilized the Republican base in the years since Trump left the White House. DeSantis was in Iowa on Friday, speaking at a pair of political events that appear to be laying groundwork for a presidential bid. DeSantis has asked the Florida legislature to expand a ban on teaching gender-identity concepts to eighth grade from third grade currently. That could leave an opening for Trump, who made school choice a priority in his administration but lacks the track record on state-level education issues that DeSantis and other governors have. Terry Schilling, president of the American Principles Project, another conservative parents' rights group, said DeSantis getting out ahead of Trump on the issue should not hurt the former president.
☆ DeSantis makes Iowa debut as Trump waits in wings
  + stars: | 2023-03-10 | by ( James Oliphant | ) www.reuters.com   time to read: +5 min
Iowa could be particularly crucial for DeSantis, who is expected to jump into the 2024 White House race later in the spring. Addressing a welcoming crowd at a casino in Davenport, Iowa, DeSantis boasted about his policy record in Florida and blasted the Democratic Biden administration on issues such as crime and immigration. Craig Robinson, a former political director of the Iowa Republican Party, believes Iowa voters are eager to hear from DeSantis, who polls show to be Trump's biggest rival for the nomination. Randy Yaddof, 71, of Davenport described himself as a Trump supporter but said after listening to DeSantis he was considering backing the Florida governor. A Des Moines Register/Mediacom poll released on Friday showed declining favorability ratings for Trump among Iowa Republicans.
☆ DeSantis, Trump to collide in key state of Iowa
  + stars: | 2023-03-10 | by ( James Oliphant | ) www.reuters.com   time to read: +4 min
Iowa could be particularly crucial for DeSantis, who is expected to jump into the 2024 White House race later in the spring. The state will hold the first Republican nominating contest early next year, and a win there would show DeSantis is a viable candidate against Trump. DeSantis will appear at events in Des Moines, the state capital, and the river town of Davenport that will be moderated by Iowa Governor Kim Reynolds. Craig Robinson, a former political director of the Iowa Republican Party, believes Iowa voters are eager to hear from DeSantis, who polls show to be Trump's biggest rival for the nomination. But the Midwestern state will remain as the first electoral test for Republican presidential candidates.
☆ Reaction to Iran and Saudi Arabia resuming ties
  + stars: | 2023-03-10 | by ( ) www.reuters.com   time to read: +5 min
STATEMENT ISSUED BY IRAN, SAUDI ARABIA AND CHINATehran and Riyadh agreed "to resume diplomatic relations between them and re-open their embassies and missions within a period not exceeding two months". HEZBOLLAHThe head of Lebanon's powerful armed group said the resumption of ties between its backer Iran and longtime rival Saudi Arabia was a "good development". ANWAR GARGASH, DIPLOMATIC ADVISER TO UNITED ARAB EMIRATES PRESIDENT"We welcome the agreement between Saudi Arabia and Iran to resume diplomatic relations, and we hail the Chinese role in this regard," he tweeted. QATARPrime Minister Sheikh Mohammed Bin Abdulrahman al-Thani, who also acts as foreign minister, called the foreign ministers of Iran and Saudi Arabia to welcome the deal. IRAQ STATE NEWS AGENCYIraq welcomes "turning a new page" between Iran and Saudi Arabia.
☆ How a Teachers Union Promotes Critical Race Theory
  + stars: | 2023-03-09 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Virginia Gov. Glenn Youngkin won election in 2021 in no small part on education policy, including a promise to ban critical race theory in schools. His first executive order instructed the Superintendent of Public Instruction to review curricula and end the use of “inherently divisive concepts, including Critical Race Theory.”But that hasn’t stopped the Virginia teachers union from using its pipeline to teachers to promote the teaching of a left-wing political agenda and activism. A “toolkit” pushed by the Virginia Education Association (VEA) shows how they do it.
☆ A look inside a $22.5 million Miami condo with insane luxury amenities
  + stars: | 2023-03-09 | by ( Ray Parisi | ) www.cnbc.com   time to read: +12 min
Turnberry Ocean Club ResidencesInside the Sky Club's fitness center where the treadmills come with impressive views. Turnberry Ocean Club ResidencesOutdoor sunset lounge Turnberry Ocean Club ResidencesAlso up on 32nd floor is a so-called dog retreat where lucky pooches can take in the ocean views and relieve themselves. Turnberry Ocean Club Residences / Leo DiazThe kitchen includes three islands and comes equipped with custom Italian-made cabinetry and high-end German appliances. A rendering of one of the Turnberry Ocean Club Residences' beach front cabanas. Turnberry Ocean Club Residences
☆ Factbox: China moves towards digital economy dream with national data bureau
  + stars: | 2023-03-08 | by ( Josh Ye Julie Zhu | Josh Ye | Julie Zhu | ) www.reuters.com   time to read: +4 min
HONG KONG, March 8 (Reuters) - China has announced plans for a national data bureau, describing it as part of an effort to coordinate data resources in the country and to achieve a vision of "digital China" conceived by President Xi Jinping. Xi's vision for a "digital China" aims to see the country populated by smart, internet-connected cities and data treated alongside labour and capital as a key factor to drive the economy and help China compete more effectively globally. In December, China's top leadership published an outline of how China should develop basic data systems and utilize the country's data resources. Last week, they unveiled a new plan that aims for the country to lead digital development globally by 2035. Areas to watch include big data infrastructure, data processing, the digitization of government data as well as data encryption, they added.
☆ Southwest is experimenting with new ways to speed up boarding — starting with upbeat music and flashing lights to get passengers moving
  + stars: | 2023-03-05 | by ( Aidan Pollard | ) www.businessinsider.com   time to read: +4 min
But Southwest Airlines is on a mission to change that. The new boarding practices include highly visible changes like upbeat music on the jet bridge and video monitors that tell passengers when boarding will begin. The monitors also include lights that flash during boarding, according to the Journal. But some of the airline's ideas are less consumer-facing, and focus on optimizing the boarding process from the airline's side of operations. There, passengers can streamline the boarding process and potentially even upgrade their tickets before they get on a plane.
☆ A computer engineering student is using ChatGPT to overcome learning challenges linked to her dyslexia
  + stars: | 2023-03-04 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +5 min
French college student Myriem Khal uses ChatGPT to overcome learning challenges linked to her dyslexia. Myriem Khal, a French computer engineering student with dyslexia, told Insider that she has used the buzzy AI chatbot to help her understand her course materials. "I have always needed to work harder than others, and I have always fought to be as bright as possible in my studies," Khal said. "The teacher was very technical," Khal said. Khal asked ChatGPT in French to explain technical concepts for her AI class to understand the material.
☆ As space junk threat grows, government and investors seek solutions
  + stars: | 2023-03-03 | by ( Joey Roulette | ) www.reuters.com   time to read: +5 min
And with no set norms for military space behavior, some fear a potential space weapon attack that could generate far more debris. U.S. Space Command on Friday released a formal list of what it views as responsible space behaviors, in a bid to steer military norms in orbit. The wide-ranging report includes a section on space debris that urges space players to dispose safely of their defunct satellites and notify other operators if any problems with their spacecraft might pose a debris hazard. Another part of the space debris mitigation equation is in-space satellite servicing, concepts in development by dozens of firms including Astroscale, Northrop Grumman (NOC.N), Maxar (MAXR.N) and Airbus (AIR.PA). Australia-based Neumann Space, for instance, is developing a technology that could help recycle old, defunct satellites into fuel - using the scrap metal to generate plasma thrust for new satellites.
☆ A real estate investor who owns over 1,000 units shares the 21 investing, personal development, and leadership books that helped him find financial freedom at age 36
  + stars: | 2023-03-03 | by ( Lisa Kailai Han | ) www.businessinsider.com   time to read: +14 min
Today, real estate investor Dave Allred has ownership in over 1,250 units across the country. He shared the 21 books that helped him achieve financial freedom at age 36. These books cover real estate and investing, personal development, business, and leadership. In a recent interview, Allred shared with Insider the 21 books — spanning areas such as real estate, investing, personal development, business, and leadership — that helped him find success. This principle is especially close to Allred's heart, since reverse engineering his financial freedom took a meticulous goal-setting process.
☆ Trump proposes 10 futuristic 'Freedom Cities,' featuring Jetsons-like flying cars
  + stars: | 2023-03-03 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +2 min
Former President Donald Trump on Friday shared the broad strokes of an ambitious plan to build 10 new "Freedom Cities" and beat China in the development of flying cars. Another plank of Trump's plan, detailed in a less-than-four-minute video shared by his campaign, is for the federal government to boost investment in flying personal vehicles. "I want to ensure that America, not China, leads this revolution in air mobility," Trump said in the video. Trump's video also teased a "major initiative" to lower the cost of living, with a focus on lowering the costs of buying a car building a single-family home. Days earlier, Trump unveiled a protectionist trade agenda featuring "universal" tariffs aimed to encourage domestic production.
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