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☆ Movie theaters get creative with food and drink as they struggle to fill seats
▼ + stars: | 2023-02-08 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +9 min

At many movie theaters, popcorn and soda appear alongside flatbreads, lobster grilled cheese and elaborate cocktails. "It is things like concessions and how that fits into a broader movie theater experience that really are things that movie theaters need to focus on and hammer in," Gallinari said. AMC Entertainment , the world's largest movie theater chain, exited its third quarter with more than $5.3 billion in debt. According to data from research firm EntTelligence, the average medium popcorn at domestic movie theaters is $8.14, while a medium drink runs for $6.20. "With movie theaters and concessions already having a reputation for being overpriced, being subject to the wills of the market in that way can really work against the movie theater's favor," Gallinari said.

However, Boiardi said an earlier proposal from the industry for totally single-pilot flying by 2030 was "absolutely not realistic", because automation had not advanced far enough and solo flying required a level of safety equivalent to existing operations. Solo flying, even in cruise, needs approval from the United Nations' International Civil Aviation Organization, individual airlines and their pilot unions. Even limited solo flying, however, is dividing airlines and raising public fears, while sparking a growing backlash among pilot groups like the European Cockpit Association. Airbus said in a statement it was studying the concept of a single pilot in the cruise phase but not wholly single-pilot flights. Consumer resistance, however, could result in single-pilot flying starting with cargo flights, industry officials said.

☆ South Dakota lawmaker quotes MLK Jr. out of context during her vote to restrict health care for trans youth
▼ + stars: | 2023-02-03 | by ( Taiyler Simone Mitchell | ) www.businessinsider.com time to read: +3 min

South Dakota is seeking to restrict gender-affirming care for trans youth. The portion Schaefbauer quoted is as follows: "It may be true that you can't legislate integration, but you can legislate desegregation. The bill, House Bill 1080, would prevent transgender youth from access to gender-affirming care. South Dakota is a notably conservative state. Last year, South Dakota limited the teaching of Critical Race Theory in schools by restricting "inherently divisive concepts" such as discussing how a person can be "racist, sexist or oppressive," CNN reported.

☆ Crypto's core technology has a legitimacy problem. The founder of VC firm Dao5 is seeking to shore up its cred by working with university researchers.
▼ + stars: | 2023-02-02 | by ( April Joyner | ) www.businessinsider.com time to read: +4 min

Tekin Salimi, the founder of the VC firm Dao5, sources many of his deals through academic research. Salimi's venture capital firm, Dao5, counts several university professors among its advisors and has backed several startups founded by academics. His budding interest in crypto eventually brought him to Silicon Valley, where he joined the crypto VC firm Polychain Capital in 2018. When he left Polychain to launch Dao5 last year, Salimi sought to build academic research into the firm's deal-sourcing process. Dao5 cut ties with Kwon after the collapse, and he never had any financial involvement in the firm, Salimi said.

☆ Here are JPMorgan's top stock picks heading into February
▼ + stars: | 2023-02-01 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

JPMorgan added fresh names to its top stock picks for February, including a medical tech company that's rallied sharply to begin the year. For February, JPMorgan added five new names to its Focus List: Cenovus Energy , CMS Energy , Rogers Communications , Stryker and Treace Medical Concepts . The medical tech stock is up 12% year to date. JPMorgan said new additions CMS Energy and Cenovus Energy are uniquely positioned within the industry, according to the note. Amazon's stock fell more than 30% during the past 12 months, but it has rallied to start the year, up more than 24% in 2023.

☆ Hong Kong is criminalizing CBD as a ‘dangerous drug’ alongside heroin
▼ + stars: | 2023-01-31 | by ( Jessie Yeung | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —Two years ago, cannabidiol was booming in Hong Kong. CBD cookies at the Found cafe in Hong Kong on August 11, 2022. And while CBD products could avoid this trace amount by using a pure form of CBD, most manufacturers mix other compounds for higher potency. From 2019 to early 2022, Hong Kong authorities launched nearly 120 “operations” seizing and testing CBD products from restaurants and shops to warehouses, Secretary for Security Tang Ping-keung said last year. Now “there’s less choice for consumers in Hong Kong.

☆ Bank of America reveals its top stocks ahead of earnings, including a favorite solar name
▼ + stars: | 2023-01-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

There still are plenty of stock-buying opportunities as earnings reports continue to roll out, according to Bank of America analysts. CNBC Pro combed through Bank of America's recent research to find the most attractive stocks that are well-positoned ahead of their reports. Fox Buy shares of the "best positioned" company in media, analyst Jessica Reif Ehrlich said recently about Fox . "We find Grab well positioned to balance revenue growth with profitability in both its core businesses— delivery & mobility," Salgaonkar said. Thesis: 1) We find Grab well positioned to balance revenue growth with profitability in both its core businesses - delivery & mobility.

Autism rates tripled among children in the New York and New Jersey metropolitan area from 2000 to 2016, according to a study published Thursday in the journal Pediatrics. Although there is no medical test for autism, the CDC has established a network of 17 sites across the country that estimate autism rates based on a combination of formal medical diagnoses and records from schools and health care providers. Nationally, the rise in autism rates has been similar to the trend in New York and New Jersey, according to a 2021 CDC report. But there’s probably more to the story: Genetic factors, and perhaps some environmental ones, too, might also be contributing to the trend. Beyond the improvements in diagnostics, genetic factors could be driving up autism cases on their own, experts said.

YouTube, Arizona State University and "Crash Course" — the popular educational YouTube channel founded by vloggers Hank and John Green — on Tuesday announced the launch of Study Hall, a pathway to college credit and higher education resource. Study Hall provides guides about the college selection and admissions process, as well as foundational courses that students can receive college credit for. Hank Green said the idea for Study Hall came after years brainstorming solutions for the student loan debt crisis. Study Hall provides free access to four YouTube courses that cover subjects that are typically taken during early college years. YouTube wants to improve on the experience for learners on the platform without "breaking the magic" of informal YouTube education content, Kurtz said.

Musk ended three days on the stand defending against claims that he defrauded investors by tweeting on Aug. 7, 2018, that he had "funding secured" to take Tesla private. The trial in San Francisco federal court is testing whether the world's second-richest person can be held liable for his sometimes impulsive use of Twitter. Musk, however, acknowledged he did not have binding agreements with investors, leaving it to the jury to decide if he misled shareholders. The Saudi fund did not immediately respond to a Reuters request for comment. But when questioned by Nicholas Porritt, a lawyer for the investors, Musk said he did not have binding agreements for financing from any interested party.

☆ It's the perfect time to start your sneaker collection
▼ + stars: | 2023-01-24 | by ( Danni Santana | ) www.businessinsider.com time to read: +7 min

Inflation and high inventory have created the perfect environment for new sneaker collectors. Sneakers are easier to getMost shoes have become relatively easy to get, said a sneaker collector who goes by Sockjig and is the host of the "Sockjig Sneaker Podcast." Sneakerheads new to the Snkrs app might have a better chance of getting one of those "unicorn" shoes, Sockjig said. Saucony is a popular brand among sneaker collectors following casual-fashion trends. And they've placed the emphasis on the Snkrs app," Burns said.

☆ Inside the private meeting at Jack Ma's apartment where he plotted to take on Silicon Valley with a trusted 'ragtag bunch' of early employees
▼ + stars: | 2023-01-24 | by ( Brian A. Wong | ) www.businessinsider.com time to read: +8 min

In one apartment, Jack, Lucy Peng, and a few other leaders worked alongside the firm's engineers. Everyone's enthusiasm flowed from their strong identification with the company's mission and Jack's vision, and if it was part of our mission, all believed, it was certainly achievable. In fact, in time, I would grow to better understand and more deeply embrace Alibaba's mission, vision, and values and the way they motivated our people. That's what Savio Kwan, Alibaba's first COO, did, codifying Jack's ideas into our company mission, vision, and values. Their efforts would form the basis of Alibaba's core mission, vision, and values statement— the guiding force or beliefs for Alibaba's development then and now.

Kids develop habits around money early, so we give our 3-year-old an allowance of $3 a week. We choose not to tie his allowance to chores to avoid turning chores into an optional thing. When I started reading books by authors such as Clifton Corbin, Beth Kobliner, Doug Nordman, and Ron Lieber about how to teach kids money concepts, I was shocked by how early they recommended starting. To me, an allowance gives my 3-year-old son the chance to practice handling money and make his own decisions about how to use it. As soon as he has the money to buy the item, we ask if he still wants to buy it.

☆ Layoffs are a nail in the coffin for whatever the metaverse is
▼ + stars: | 2023-01-23 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Last week saw both Apple and Microsoft pause on speculative projects involving augmented reality and virtual reality, per reports. Apple has postponed its much-rumored augmented reality glasses because of technical challenges, Bloomberg's Mark Gurman reported. The metaverse was already a loose concept, a catch-all term for a vague theory that augmented reality and virtual reality is the future of computing, despite little evidence to back this up. Microsoft, reasonably early to the market with its HoloLens headset, has run into issues with one of its biggest customers: the US military. It's possible augmented reality and virtual reality devices do become popular among certain types of consumer, such as enthusiasts or gamers.

☆ Corduroy: Everything You Thought You Knew Is Wrong
▼ + stars: | 2023-01-19 | by ( Jamie Waters | ) www.wsj.com time to read: 1 min

YOU’LL FIND an inordinate amount of corduroy in the collections of trendy menswear brands such as Noah, Alex Mill and A Kind of Guise. But the furrowed, typically-cotton fabric is showing up in ways not borrowed from the past. These updated cord concepts—consider them dressed-up sweats—let you enjoy pajama-like comfort while looking fairly polished. Corduroy is “like a new, cool basic,” said New York-based celebrity stylist Michael Fisher. “It does look relevant again.” Yet if you aspire to be a modish prince of wales, you need to do more than buy that cord hoodie; you must reject three outdated assumptions about the corrugated cloth:

☆ What happens to the human brain during a near-death experience that can trigger vivid memories and bizarre spiritual encounters
▼ + stars: | 2023-01-18 | by ( Erin Heger | ) www.businessinsider.com time to read: +8 min

But people who have had a near-death experience (NDE) typically report feeling peace, comfort, and calm throughout the ordeal. What a near-death experience feels likeNDEs can trigger a lot of peculiar sensations, including feeling like you're floating above your body or an out-of-body experience. What a near-death experience does to the brainThe temporal lobe, highlighted here, is responsible for language and visual memory, among other things. It might differ based on cultural or spiritual beliefs, but it is essentially the same," San Filippo said. "That leads us to believe that a near-death experience is a transpersonal experience happening outside of the brain."

☆ I left Manhattan for LA. It's easier to make friends, my cost of living is lower, and I'm so much happier here.
▼ + stars: | 2023-01-18 | by ( Daniel Zahler | ) www.businessinsider.com time to read: +14 min

I got the full New York City experienceI lived in Manhattan for 12 years. In 2015, I decided to sublet my West Village pad and spend the winter in Santa Monica. Santa Monica is one of the priciest areas of California, but it's still cheaper than Manhattan. Today I'm paying $3,000 a month for a spacious apartment in the heart of Santa Monica with amazing views of mountains and palm trees. New York City is unrivaled in its energy and diversity and is the major league of cities — truly world-class.

☆ Bank of America CEO says capitalism needs cleaning up with new global ESG rules
▼ + stars: | 2023-01-18 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Bank of America Chief Executive Brian Moynihan said Wednesday that current efforts to produce a set of official global standards on ESG issues were vital to "align capitalism with what society wants from it." He said it was now important to "go to the official side" and was supporting the new International Sustainability Standards Board set up by non-profit the IFRS. This is due to comprise a set of general non-financial sustainability disclosure requirements for companies, and a set specifically on climate. Moynihan also said it was crucial that sustainability and ethical standards became official and global. "Which, at the end of the day, will align capitalism with what society wants from it and get us going faster."

☆ Alejandro Jodorowsky’s ‘Dune’ Was Never Made, but With A.I., We Get a Glimpse of His ‘Tron’ - The New York Times
▼ + stars: | 2023-01-13 | by ( Frank Pavich | ) www.nytimes.com time to read: +12 min

I was recently shown some frames from a film that I had never heard of: Alejandro Jodorowsky’s 1976 version of “Tron.” The sets were incredible. However, Mr. Jodorowsky, the visionary Chilean filmmaker, never tried to make “Tron.” I’m not even sure he knows what “Tron” is. caption caption caption caption caption caption caption caption caption caption caption Generation Text prompt The A.I. caption caption caption caption caption caption caption caption caption caption caption Generation Text prompt The A.I. If A.I.s were eligible for the Academy Awards, I’d vote for “Jodorowsky’s Tron” for best A.I.

☆ Bill Gates is meh on Web 3 and the metaverse, but bullish on AI
▼ + stars: | 2023-01-12 | by ( Sarah Jackson | Huileng Tan | ) www.businessinsider.com time to read: +2 min

Bill Gates said artificial intelligence is "quite revolutionary" in his annual Reddit AMA session. Gates replied: "AI is the big one. I don't think Web3 was that big or that metaverse stuff alone was revolutionary but AI is quite revolutionary." Gates appeared particularly keen about generative AI — that is artificial intelligence that can create content — saying "I am quite impressed with the rate of improvement in these AIs. Gates was responding to a Reddit user who asked for his views on generative AI and how he thinks it will impact he world.

Rep. Kevin McCarthy, R-Calif., speaks to Rep. Matt Gaetz, R-Fla., in the House Chamber on Jan. 6, 2023. She said it’s a bad idea for the House to bring up those bills. Still, some of the more moderate Republicans acknowledge that they’ll have to make compromises with Democrats to get immigration bills signed into law. The GOP rules package adopted Monday identifies the seven bills that will get speedy votes in the House. “Many of their radical things will be stopped in the Senate because we have a Democratic majority,” Schumer said, vowing not to let ultraconservative lawmakers defund the FBI.

☆ Bestselling author James Patterson works 77-hour weeks to stay productive at age 75: 'Hungry dogs run faster'
▼ + stars: | 2023-01-11 | by ( Natasha Piñon | ) www.cnbc.com time to read: +3 min

Bestselling author James Patterson's first book published 47 years ago — and his hustle hasn't stopped since then. Patterson pointed to a piece of guiding advice from his grandmother that helps illuminate the drive behind his work ethic. Typically, Patterson writes an initial 50- to 70-page outline for a story before encouraging his co-writers to start filling in the gaps with sentences, paragraphs and chapters, he said. As for the writing itself, Patterson writes longhand, with an assistant transcribing his handwriting into typed drafts, he said. Sign up now: Get smarter about your money and career with our weekly newsletterDon't miss: James Patterson's writing started as a side hustle—now he's one of the world's highest paid authors

☆ This scientist was irked by the phrase 'hella' big — so he created 2 new units of measurement
▼ + stars: | 2023-01-10 | by ( Adam Rogers | ) www.businessinsider.com time to read: +13 min

Metric measurements — also known as the International System of Units, or SI — are managed by a formal international organization. The prefixes Brown came up with are ronna and ronto for 1027 and 10-27 and quetta and quecto for 1030 and 10-30. In fact, SI units used to be based on actual, real-life physical artifacts. "If everyone sticks to SI prefixes," Brown says, "you don't have to go on Wikipedia to find out how long a light-year is or the power in 1 jansky." Pražák proposed sticking to Greek words and letters.

Entrepreneurs can learn business concepts, tactics, and advice from books. The best business reads include self-help, leadership, and psychology books. We turned to Goodreads to rank the best business books to read in 2023. Business books can provide psychological concepts for better negotiation skills, personal anecdotes to avoid repeating mistakes, or self-help tips to improve productivity. From fascinating leadership reads to analytical management books, here are the best business books to read in 2023.

☆ Inside the 'Fly Fleet': billionaire Google founder Sergey Brin's growing flotilla of megayachts, boats, and jet skis
▼ + stars: | 2023-01-06 | by ( Rob Price | Hugh Langley | ) www.businessinsider.com time to read: +3 min

In a quiet harbor in California's Redwood City, 30 miles south of San Francisco, there often sits a gleaming 40-meter yacht flying the flag of the Marshall Islands. Along with Butterfly, which often docks in Redwood City, California, Brin maintains a growing flotilla of yachts, jet skis, and skiffs. To maintain the fleet, Brin employs a 50-person team around the globe, led by the master mariner Mike Gregory. InsiderMany of Brin's smaller water-sports toys — as well as Page's — have been supplied by Kai Concepts, a startup that builds high-tech aquatic vehicles, including foilboards and a kite-propelled boat. While he spends much of his time at his collection of tropical islands around the world, he has sold his superyacht Senses and downsized to an assortment of smaller vessels.

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