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☆ As Gen Z flounders at work and millennials struggle to buy a house, boomers are enjoying a golden moment
▼ + stars: | 2023-04-09 | by ( Matt Turner | Dave Smith | ) www.businessinsider.com time to read: +4 min

This week's dispatchThe Metals Company; Greenpeace; Luis Alvarez/Getty Images; Karl Hendon/Getty Images; Alyssa Powell/InsiderOptimists don't just dream — they do. Gen Zers and young millennials have soured on work just as much as everyone else — and that's bad news for companies everywhere. Also read:Tyler Le/InsiderOver the past few years, Lex Fridman has gone from an unknown academic researcher to a social-media celebrity and member of Elon Musk's inner circle. But recently, "The Lex Fridman Podcast" has become a haven for a growing and powerful sector looking to dismantle years of "wokeness." More on the rise of Lex Fridman.

☆ The Joy of Traveling to Out-of-the-Way Places
▼ + stars: | 2023-04-08 | by ( Stephen Kreider Yoder | Karen Kreider Yoder | ) www.wsj.com time to read: 1 min

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☆ North Korea says U.S.-South Korea drills push tension to 'brink of nuclear war'
▼ + stars: | 2023-04-05 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

Yonhap via REUTERS/File PhotoSEOUL, April 6 (Reuters) - North Korea on Thursday accused the U.S. and South Korea of escalating tensions to the brink of nuclear war through their joint military drills, vowing to respond with "offensive action," state media KCNA reported. KCNA released a commentary by Choe Ju Hyon, whom it called an international security analyst, criticising the exercises as "a trigger for driving the situation on the Korean peninsula to the point of explosion." "Now the international community unanimously hopes that the dark clouds of a nuclear war hanging over the Korean peninsula will be removed as early as possible," it added. "The drills have turned the Korean peninsula into a huge powder magazine which can be detonated any moment," it added. North Korea has reacted furiously to the exercises, calling them a rehearsal for invasion.

The Best 2% Cash Back Credit Cards of April 2023In terms of versatility, cash back is the most flexible credit card reward. View Full Details $0 Annual Fee Apply now On Wells Fargo's websiteWells Fargo Active Cash® Card Apply now On Wells Fargo's website Best all-around 2% cash rewards credit card Details Rewards Earn unlimited 2% cash rewards on purchases. Best All-around 2% Cash Rewards Credit CardThe Wells Fargo Active Cash® Card has no annual fee and earns a flat 2% cash rewards on purchases. Wells Fargo Active Cash card reviewBest 2% Cash Back Card for Balance TransfersLong considered the best cash back credit card, the Citi® Double Cash Card still holds its own despite new offerings from other issuers. How to Choose a 2% Cash Back Credit Card2% cash back credit cards offer some of the simplest credit card rewards around, and they're great for people who don't want to deal with bonus categories, transferring points, or shuffling several cards to get the best return on spending.

☆ China Renaissance suspends trading, delays results after founder Bao Fan goes missing
▼ + stars: | 2023-04-03 | by ( Laura He | ) edition.cnn.com time to read: +2 min

Bao Fan, 52, started the boutique investment bank in 2005 and has been unreachable since the middle of February, according to the company. Shares in China Renaissance have plunged since Bao went missing, at one point dropping as much as 50%. China Renaissance said in late February that it had learned Bao was “cooperating in an investigation” being carried out by certain authorities in the country. Chinese media have reported Bao might be assisting in an investigation related to a former executive at China Renaissance. In a filing on Sunday, China Renaissance said auditors couldn’t complete their work or sign off on their report because of Bao’s absence.

☆ Column: Electric grids need major upgrades to aid global energy transition: Maguire
▼ + stars: | 2023-03-31 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +7 min

LITTLETON, Colorado, March 30 (Reuters) - Modern electricity grids that can optimize clean power production from a constantly changing flux of renewable and fossil energy sources will play a vital role in enabling global energy transition efforts. With renewable energy supplies climbing at a record pace just as global car fleets, households and businesses supercharge electricity demand, robust grids that can bridge both sides of the energy equation will be critical. The global power sector is also a major source of carbon dioxide (CO2) emissions, and so is incompatible with international efforts to drive pollution steadily lower from all sectors over the coming decades. Many ambitious grid alteration plans are also running in to stiff opposition from powerful organisations that object to the laying of miles of new transmission lines across open areas. But if renewable energy supplies surge as expected, and if those supplies are to be made available to power-hungry customers, global grids must grow in both scale and density in every major economy - and in record time.

☆ Elon Musk's self-driving car project is on a road to nowhere
▼ + stars: | 2023-03-29 | by ( Tim Levin | ) www.businessinsider.com time to read: +8 min

Elon Musk has made developing autonomous driving technology one of Tesla's fundamental goals. "Today it's financially insane to buy anything other than a Tesla," Musk said at an event touting the carmaker's autonomous-vehicle development in 2019. That revolutionary software update never came, and by 2022 the goalpost for bringing self-driving cars to the masses had shifted to 2023. Full Self-Driving is far from actually being self-driving, some sayDespite its branding, Tesla's Full Self-Driving Beta currently requires total driver supervision, just like cruise control or smarter features like Autopilot. Likewise, McGehee says self-driving cars need a combination of overlapping sensors — whether that's cameras, radar, lidar, or ultrasonic sensors — to move through the world safely.

☆ Alcaraz, Rybakina stay on course for 'Sunshine Double' in Miami
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +4 min

Mandatory Credit: Geoff Burke-USA TODAY SportsMarch 28 (Reuters) - Indian Wells champions Carlos Alcaraz and Elena Rybakina stayed on course to complete the 'Sunshine Double' with straight sets wins at the Miami Open on Tuesday. Paul fell behind an early break again in the second set on a missed forehand for 2-1. Alcaraz is now three wins away from the 'Sunshine Double,' something he needs to retain his world number one ranking from Novak Djokovic. The 10th-seeded Kazakh deployed her clean groundstrokes and feasted on the Italian's soft second serve in the tight first set. "I would say that, of course, maybe I'm moving not as good as I was moving in Indian Wells but overall I think that I'm trying to keep that level from Indian Wells," she told reporters after reaching the semi-finals.

☆ North Korea's Kim orders more production of weapons-grade nuclear materials
▼ + stars: | 2023-03-27 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

SEOUL, March 28 (Reuters) - North Korean leader Kim Jong Un called for scaling up the production of weapons-grade nuclear material to grow the country's arsenal, saying it should be ready to use the weapons at any time, state media KCNA said on Tuesday. Kim made the remarks as he inspected the country's nuclear weapons programme, including new tactical nuclear weapons and technology for mounting warheads on ballistic missiles, and examined nuclear counterattack operation plans, KCNA said. He was also briefed on an IT-based integrated nuclear weapon management system called Haekbangashoe, which means "nuclear trigger," whose accuracy, reliability and security were verified during recent drills simulating a nuclear counterattack, it added. Kim ordered the production of weapons-grade materials in a "far-sighted way" to boost its nuclear arsenal "exponentially" and produce powerful weapons, KCNA said. North Korea's military simulated a nuclear airburst with two tactical ballistic missiles during Monday's training, KCNA said in a separate dispatch.

☆ Red alert recession signals
▼ + stars: | 2023-03-26 | by ( Matt Turner | Dave Smith | ) www.businessinsider.com time to read: +4 min

On the agenda today:But first: Everyone is back to talking about a recession. This week's dispatchFed Chair Jerome Powell Joshua Roberts/Reuters2023 started with fresh hope that the US could avoid a recession. That has big name investors and market signals predicting a recession, and soon. "Red alert recession signals," Gundlach said. Even Powell's preferred bond-market indicator says a recession is on the way this year.

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The Ink Business Cash® Credit Card and the Ink Business Unlimited® Credit Card are both great small-business credit cards from Chase, with no annual fee and identical welcome offers. Chase offers a trio of great credit cards for small businesses: the Ink Business Preferred® Credit Card, Ink Business Cash® Credit Card, and the Ink Business Unlimited® Credit Card. Ink Cash vs Ink Unlimited Ink Business Cash® Credit CardInk Business Unlimited® Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. As for the Ink Business Cash® Credit Card and Ink Business Unlimited® Credit Card (which earn cash back in the form of Chase Ultimate Rewards® points), their benefits are quite similar. Comparison of Ink Business Cash and Ink Business UnlimitedThe Chase Ink Cash and Ink Unlimited have many similaritiesIntro APR offerBoth cards currently come with a 0% intro APR on purchases for the first 12 months (then a 17.74% - 23.74% Variable).

Bank of America Customized Cash Rewards Cash BackBank of America Customized Cash Rewards bonusNew Bank of America® Customized Cash Rewards Credit Card cardholders can earn $200 cash rewards bonus after you spend $1,000 on purchases within 90 days of account opening. How to earn cash back with the Bank of America Customized Cash Rewards credit cardThe Bank of America® Customized Cash Rewards Credit Card has major appeal for folks looking to earn cash back on multiple spending categories. Bank of America Customized Cash Rewards Benefits and Featuresthe Bank of America® Customized Cash Rewards Credit Card doesn't have many other benefits, but this is common with no-annual-fee credit cards. Bank of America Customized Cash Rewards Annual Fee and Other CostsThe Bank of America® Customized Cash Rewards Credit Card has a $0 annual fee. Methodology: How we reviewed the Bank of America Customized Cash RewardsIn our review process, we compared the Bank of America® Customized Cash Rewards Credit Card to competing no-annual-fee cash back cards, especially those that allow you to customize your bonus categories.

☆ Spring training roundup: Max Fried stays unbeaten, Braves blank Twins
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +7 min

Ozuna's home run -- his first of the spring -- came in the third inning and completed the scoring. Twins starter Kenta Maeda (0-1) gave up five runs (all earned) and five hits in four innings. For the Blue Jays, starter Alek Manoah (1-2) gave up one run and five hits in six innings. Rockies 7, Royals (split squad) 0 (six innings)German Marquez tossed five shutout innings as visiting Colorado blanked Kansas City in Las Vegas. Elehuris Montero and Michael Toglia went deep for the Rockies, while Matt Beaty doubled for the Royals' only extra-base hit.

☆ Tech leaders remain oblivious to the true lessons of Silicon Valley Bank
▼ + stars: | 2023-03-19 | by ( Matt Turner | Dave Smith | ) www.businessinsider.com time to read: +4 min

On the agenda today:But first: Insider's Madeline Renbarger shares what happened at the SXSW Festival in Texas as tech founders and entrepreneurs learned about the implosion of Silicon Valley Bank. The festival began just as the FDIC announced it was taking control of Silicon Valley Bank to stop the catastrophic, social media-instigated bank run that was in full swing. Silicon Valley's blame gameiStock; Rebecca Zisser/InsiderIn the wake of Silicon Valley Bank's collapse, there's been plenty of finger-pointing but little self-reflection on the part of Silicon Valley, writes Insider's Linette Lopez. But in recent weeks, as companies like Meta and Twitter braced for tougher times ahead, the assault on middle managers has picked up new steam. But middle managers move the needle on a company's overall performance far more than senior executives do — and make a bigger difference to the bottom line.

☆ I rushed from bank to bank with my infant daughter when SVB collapsed to figure out how my startup could make payroll on time
▼ + stars: | 2023-03-18 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +6 min

Silicon Valley Bank's collapse sent Dispatch Goods cofounder Lindsey Hoell on a race to find alternatives. Her team and investors navigated the logistical chaos of making sure the company made payroll. Dispatch Goods, a Silicon Valley Bank customer, provides reusable packaging to meal and grocery delivery companies. But by the time I got back from opening that account, the Silicon Valley Bank site was just completely bogged down with other people trying to do the same thing. We got up Friday morning and drove down to Silicon Valley Bank's Menlo Park location.

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Amazon Prime Rewards Visa Card Review: Is the Amazon Prime Rewards Card the Best Credit Card for You? Amazon Prime Visa Card RewardsWelcome bonusThe Amazon Prime Rewards Visa Signature Card is currently offering a $100 Amazon gift card instantly upon approval. Amazon Prime Rewards Card Benefits and FeaturesFor a no-annual-fee card, the Amazon Prime Rewards Visa Signature Card offers a solid range of benefits. Amazon Prime Rewards Visa Card Annual Fee and Other CostsThe Amazon Prime Rewards Visa Signature Card doesn't have an annual fee as long as you have an Amazon Prime membership, and it doesn't add foreign transaction fees, so it's a good choice for international purchases. Methodology: How we reviewed the Amazon Prime Rewards Visa CardThe Amazon Prime Rewards Visa Signature Card is a cash back credit card.

☆ Silicon Valley is on a knife-edge after the collapse of SVB
▼ + stars: | 2023-03-12 | by ( Matt Turner | Dave Smith | ) www.businessinsider.com time to read: +5 min

With the failure of Silicon Valley Bank, we're witnessing the biggest bank collapse since the 2008 financial crisis. On the agenda today:Before we dive in: Insider's Warehouse Nation series was recognized with a Best in Business Award from the Society for Advancing Business Editing and Writing (SABEW). And up first today: Alison Brower, Insider's LA bureau chief, explains whether the Oscars still matter in Hollywood. The Slap still stings across Hollywood, and Academy Awards organizers are working hard to make sure tonight's ceremony sparkles, Insider's Alison Brower writes. Silicon Valley Bank's implosionSilicon Valley Bank employees react to the bank's collapse Getty ImagesSilicon Valley Bank had been a pillar of the startup ecosystem for four decades.

☆ Southwest Performance Business credit card review
▼ + stars: | 2023-03-10 | by ( Jennifer Yellin | ) edition.cnn.com time to read: +15 min

Digging into the Southwest Performance Business credit cardYou can use the Southwest Rapid Rewards Performance Business Credit Card to enhance your business travel experience. Kevin Dietsch/Getty ImagesThe Southwest Performance Business Credit Card is the most expensive card out of the five Southwest credit cards currently available, but it also provides the most benefits. Advantages of the Southwest Performance Business credit cardFrequent Southwest flyers will enjoy elite-like benefits with the Southwest Rapid Rewards Performance business card. Disadvantages of the Southwest Performance Business credit cardUnfortunately, you won’t get a great return on your everyday purchases with the Southwest Performance Business. Stacking up the Southwest Performance Business credit card to our benchmark cardCNN Underscored has chosen the Citi Double Cash® Card as our current “benchmark” credit card.

The Best 2% Cash Back Credit Cards of March 2023In terms of versatility, cash back is the most flexible credit card reward. The Best 2% Cash Back Credit CardsBest all-around 2% cash rewards credit card Wells Fargo Active Cash® Card 4.3 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.3 out of 5 Stars Intro offer $200 cash rewards bonus after spending $1,000 in purchases in the first three months from account opening Rewards Earn unlimited 2% cash rewards on purchases. Best All-around 2% Cash Rewards Credit CardThe Wells Fargo Active Cash® Card has no annual fee and earns a flat 2% cash rewards on purchases. Wells Fargo Active Cash card reviewBest 2% Cash Back Card for Balance TransfersLong considered the best cash back credit card, the Citi® Double Cash Card still holds its own despite new offerings from other issuers. How to Choose a 2% Cash Back Credit Card2% cash back credit cards offer some of the simplest credit card rewards around, and they're great for people who don't want to deal with bonus categories, transferring points, or shuffling several cards to get the best return on spending.

☆ 2 no annual fee Chase Ink Business credit cards bonuses (worth potentially $1,800 in travel) are ending in a couple weeks
▼ + stars: | 2023-03-06 | by ( Tessa Campbell | Personal Finance Reviews Fellow | Read More | ) www.businessinsider.com time to read: +21 min

Despite being framed as cash-back credit cards, the Ink Business Unlimited® Credit Card and the Ink Business Cash® Credit Card actually earn valuable Chase Ultimate Rewards points. Otherwise, if you've previously contemplated opening the Ink Business Unlimited® Credit Card or Ink Business Cash® Credit Card, you need some urgency in your application plans. Compare Chase Ink Business credit cards Ink Business Unlimited® Credit CardInk Business Cash® Credit CardInk Business Preferred® Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Chase Ink Cash vs Ink Unlimited: Side-by-side comparisonIf you're having trouble deciding between the Chase Ink cards, be sure to check out our comparison of the Chase Ink Business Cash and Ink Business Unlimited for a closer look at each card's features and benefits. However, Chase cards, including the Ink Business Unlimited® Credit Card and Ink Business Cash® Credit Card, fall under what's commonly known as the Chase 5/24 rule.

☆ Five dead in new Azerbaijan-Armenia clash over Karabakh
▼ + stars: | 2023-03-05 | by ( ) www.reuters.com time to read: +2 min

March 5 (Reuters) - Azerbaijani troops and ethnic Armenians exchanged gunfire on Sunday in Azerbaijan's contested region of Nagorno-Karabakh, killing at least five people, according to reports from Azerbaijan and Armenia. Nagorno-Karabakh was the focal point of two wars that have pitted Azerbaijan against Azerbaijan in the more than 30 years since both ex-Soviet states have achieved attendance. Armenia's foreign ministry said three officials from the Karabakh interior ministry were killed. Nagorno-Karabakh has long been recognised internationally as part of Azerbaijan, though its population is made up predominantly of ethnic Armenians. Armenian forces took control of Karabakh in a war that gripped the region as Soviet rule was collapsing in the early 1990s.

☆ Pablo Escobar and the real story behind 'Cocaine Bear'
▼ + stars: | 2023-03-05 | by ( Chris Dalby | Insight Crime | ) www.businessinsider.com time to read: +7 min

"Cocaine Bear" depicts an ursine rampage through Georgia's Chattahoochee-Oconee National Forest. The film is a fictionalization of a real event involving a bear finding cocaine thrown from a drug-laden airplane. Plenty has been written on the film's fictionalization of a real event involving a bear finding cocaine thrown from a drug-laden airplane. The real bear, which found packets of cocaine in the forest in 1985, never got a chance to go on a murder spree. The companyFor all its insanity, Cocaine Bear screenwriter Jimmy Warden does include elements of the real story.

☆ South Dakota Tribe Sues the U.S. for More Police, Citing 19th-Century Treaties
▼ + stars: | 2023-03-04 | by ( Joe Barrett | Photographs Tara Rose Weston For The Wall Street Journal | ) www.wsj.com time to read: 1 min

PINE RIDGE, S.D.—On a recent night, Officer Jason Lone Hill got a call from dispatch as he steered his patrol car through neighborhoods on the sprawling Pine Ridge Indian Reservation marked by boarded-up houses, junked cars and roaming dogs. A prisoner had ditched a correctional officer at the emergency room of the local hospital, sending Officer Lone Hill on a race to search parking lots and nearby streets. Then, two more calls came in rapid succession: someone was having a stroke about 20 miles away and an intoxicated man was threatening a pregnant woman.

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