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With a shaky economy, some brands have reduced or cut sponsored content deals with creators. "That was definitely a bummer," Williams told Insider. "I think people are wanting to try things before they go all in with larger investments," Samuel told Insider. Taking on speaking engagementsThree creators told Insider that speaking engagements, in-person and virtual, have been a growing income stream for them. "You need to understand where you're spending money," Reed Duchscher, CEO of management company Night, previously told Insider.

☆ BuzzFeed's $300M purchase of Complex promised to grow both brands, but insiders say strategies have clashed and Complex's culture is being 'completely gutted'
▼ + stars: | 2023-01-03 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Complex insiders worry that the cuts threaten their brand's culture and future. Clashing video strategies as some fear Complex culture is being 'completely gutted'Kevin Hart appeared on Complex's "Hot Ones" series. Before joining with BuzzFeed, Complex's then-CEO Rich Antoniello had conversations with Vice Media and Vox Media. But Complex insiders felt especially aggrieved when, this fall, BuzzFeed announced a global expansion for ComplexCon. To Complex insiders, BuzzFeed's plan to take the event to Australia, Europe, and Asia simultaneously was unrealistic and under-resourced.

☆ Berrettini inspires Italy to big victory in United Cup
▼ + stars: | 2023-01-03 | by ( ) www.reuters.com time to read: +3 min

In a rematch of their U.S. Open quarter-final and Gstaad final, where world number three Ruud prevailed last year, it was Berrettini who took control of the match on the back of his powerful serve to seal a 6-4 6-4 Group E win. I knew I had to serve my best," Berrettini, who fired 10 aces and won 88% of points on his first-serve, said. The fourth semi-finalist will be a runner-up with the best record from their three matches in the $15 million event. World number 10 Hubert Hurkacz earlier beat Swiss veteran Stan Wawrinka 7-6(5) 6-4 to send Poland on their way. Maria Sakkari earned Greece a spot in the Perth final from Group A with a 6-1 7-5 win over Belgium's Elise Mertens.

☆ 5 things wildly successful real-estate brokers do to get the most out of their days
▼ + stars: | 2022-12-31 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +7 min

Fellow New York-based Douglas Elliman agent Lisa Simonsen also had a former career in fitness. As such, the agent who sold more than $100 million in 2022 makes sure she works out in her building's gym, usually on a spin bike, every morning. McKenzie RyanFormer Junior Olympian and real-estate wunderkind McKenzie Ryan used to compete on the national level in rhythmic gymnastics. Serhant gets a new SUV every year "just to update it," though he said he makes sure his car and clothes are never nicer than his clients'. The Douglas Elliman agent knows what she has to do to succeed: She was the top-selling agent in Miami in 2021 with $750 million in transactions.

☆ Opinion | Vaccines, Inflation, Abortion: 2022 in Charts
▼ + stars: | 2022-12-30 | by ( Steven Rattner | ) www.nytimes.com time to read: +16 min

By the end of 2022, 23 percent of American women resided in states with effective bans on abortion. June 2022 March 2022 Dec. 2021 Sept. 2022 Dec. 2022 Fed Funds Rate 6% 5 4 3 2 1 2022 2023 2025 2024 Longer run Unemployment 5% 4 3 2 1 2022 2023 2025 2024 Longer run G.D.P. Growth 4% 3 2 1 2022 2023 2025 2024 Longer run Core Inflation 5% 4 3 2 1 2022 2023 2025 2024 Sept. 2022 June 2022 March 2022 Dec. 2021 Dec. 2022 Fed Funds Rate G.D.P. Growth 4% 6% 5 3 4 3 2 2 1 1 2022 2023 2025 2022 2023 2025 2024 2024 Longer run Longer run Core Inflation Unemployment 5% 5% 4 4 3 3 2 2 1 1 2022 2023 2025 2022 2023 2025 2024 2024 Longer run Source: Federal Open Market CommitteeThe sustained period of high inflation left the Fed playing catch-up, as it had initially believed that the surge would prove transitory. 150 100 Xi Jinping addresses in 2017 & 2022 50 1982-2012 Economy Military Market Technology Reform Security Source: Capital EconomicsThen there was China: Our biggest source of imported goods became ever more clearly our biggest strategic adversary.

☆ Biden tax credits aim to jolt electric delivery truck demand
▼ + stars: | 2022-12-29 | by ( Lisa Baertlein | ) www.reuters.com time to read: +3 min

The first-of-its-kind incentives, established under President Joe Biden's Inflation Reduction Act (IRA), will offer tax credits of $7,500 or $40,000 depending on the size of the electric vehicle (EV). The IRA's commercial EV credits do not have "made in the USA" rules that apply to passenger cars. That will "help level the playing field for electric vehicles," said Ben King, associate director at Rhodium Group, a research firm. Jim Farley, chief executive at electric van market leader Ford Motor Co (F.N), this year predicted that IRA tax credits would have a "dramatic impact on the adoption of EVs." More commercial EV purchases should lower manufacturing costs and vehicle sticker prices - which should attract even more buyers, experts said.

☆ Chinese Rush for Exit as Beijing Ends Zero-Covid and Opens Its Doors
▼ + stars: | 2022-12-27 | by ( Raffaele Huang | Rachel Liang | ) www.wsj.com time to read: 1 min

SINGAPORE—Moments after China said it would reopen its borders to international travel for the first time in almost three years, sales of air tickets out of the country soared, as people leapt at the chance to put the stifling restrictions of zero-Covid behind them. Top of the getaway wish list were regional destinations a short hop away, with Singapore, South Korea, Hong Kong and Japan favorite choices. Bookings more than tripled from the day before, data from travel company Trip.com Group show.

☆ A band of immigrant tenants went to war with their $31 billion landlord. It's a sneak peek at what's to come across America.
▼ + stars: | 2022-12-27 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +16 min

In Alexandria, Virginia, $31 billion landlord CIM Group bought a massive apartment complex in 2020. The group was organizing against CIM Group, the landlord they said had upended their lives. Insider spoke with 10 Southern Towers tenants. The battle between the Southern Towers tenants and CIM could presage what's to come across America. "We're not going to leave"The Southern Towers tenants aren't the only ones following the money.

☆ Futurum Group's Daniel Newman breaks down tech stocks to watch in 2023
▼ + stars: | 2022-12-27 | 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 EmailFuturum Group's Daniel Newman breaks down tech stocks to watch in 2023Daniel Newman, CEO of the Futurum Group, joins CNBC's 'Squawk Box' to break down his tech stock picks for 2023.

☆ Here are the countries Chinese tourists want to visit the most
▼ + stars: | 2022-12-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Travelers check in at Shanghai's Hongqiao International Airport in on Dec. 12, 2022, after China relaxed domestic travel restrictions. Within half an hour of China's announced policy change, searches for travel abroad surged to a three-year high, the travel booking company said. Macao and Hong Kong also made the list, which did not include any countries on the European continent. Authorities also said they would allow Chinese citizens to resume travel, without providing details on timing or process. During the pandemic, Beijing prevented Chinese citizens from getting passports or leaving the country unless they had a clear reason, typically for business.

☆ Complex insiders say owner BuzzFeed has shed key talent, failed to invest in core content, and threatens to dilute the hip culture brand: 'The BuzzFeed ethos does not get it'
▼ + stars: | 2022-12-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Clashing video strategies as some fear Complex culture is being 'completely gutted'Kevin Hart appeared on Complex's "Hot Ones" series. Before joining with BuzzFeed, Complex's then-CEO Rich Antoniello had conversations with Vice Media and Vox Media. Rubbing salt in the wound, Complex insiders said they felt their brand was scrappier and more culturally relevant than BuzzFeed, which many consider past its prime. But Complex insiders felt especially aggrieved when, this fall, BuzzFeed announced a global expansion for ComplexCon. To Complex insiders, BuzzFeed's plan to take the event to Australia, Europe, and Asia simultaneously was unrealistic and under-resourced.

That works out to a 31.2% return on total average short interest of $973.6 billion throughout the year, according to S3 Partners. Stanphyl Capital portfolio manager Mark Spiegel, who has been short Tesla "constantly, in varying size" since 2014, said a bet against Tesla was his fund's most profitable individual short position this year. While higher interest rates have punished growth stocks, some investors believe Tesla CEO Elon Musk's purchase of Twitter is diverting his time running the electric car company. Long-short hedge funds, which bet on stock prices rising or falling, posted a 9.7% loss through November, according to data provider HFR. Charles Lemonides, portfolio manager at $226 billion hedge fund ValueWorks LLC, believes tight monetary policy will weigh on risk appetite next year.

☆ Zimbabwe bans raw lithium exports to curb artisanal mining
▼ + stars: | 2022-12-21 | by ( ) www.reuters.com time to read: +1 min

The southern African country holds some of the world's largest reserves of hard rock lithium, a vital mineral in the production of clean energy technologies. London-listed Premier African Minerals (PREM.L) says it will start shipping spodumene concentrate from its Zimbabwe lithium mine to China from March 2023, after signing an offtake deal with Suzhou TA&A Ultra Clean Technology Co (300390.SZ). "No lithium bearing ores, or unbeneficiated lithium whatsoever, shall be exported from Zimbabwe to another country," read the regulation published in a government notice issued by Mines Minister Winston Chitando. The notice said the ban does not apply to the export of lithium concentrates, which all the major lithium miners in the country plan to produce. Mnangagwa said the raw lithium was being exported through neighbouring countries.

☆ I was a member of the Twitter Trust and Safety Council, which is now being dissolved. The platform is no longer the Twitter I signed up for, and I worry it's no longer safe.
▼ + stars: | 2022-12-21 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Eirliani Abdul Rahman is a former member of Twitter's Trust and Safety Council. Abdul Rahman and two other members resigned earlier this month, and Twitter disbanded the council days later. Abdul Rahman is the co-founder of Youth, Adult Survivors & Kin In Need (YAKIN) and a former member of Twitter's Trust and Safety Council. Earlier this month, she resigned from the council, which Twitter later disbanded via email less than an hour before the group was scheduled to meet. I loved Twitter as a platform because I felt it was so unique, and even today I don't think there's any equivalent.

☆ Millionaires plan to cut their holiday spending due to inflation
▼ + stars: | 2022-12-19 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

American millionaires are trimming their holiday spending and becoming more budget-conscious as a result of inflation, a sign that spending cuts are now rising up the wealth ladder, according to a CNBC survey. The CNBC Millionaire Survey found 80% of millionaire respondents — those with investible assets of $1 million or more — say they plan to spend less this holiday season due to inflation. Millennial millionaires are the most likely to cut back, with 100% saying they plan to spend less, compared to 78% of baby boomers. "They're becoming more cautious about how they're spending their money," said George Walper, president of Spectrem Group, which conducts the Millionaire Survey with CNBC. While inflation has impacted their spending, millionaires are split when it comes to inflation-driven changes in their investment portfolio.

☆ Netherlands PM Rutte apologises for role of Dutch state in slavery
▼ + stars: | 2022-12-19 | by ( Tosterling Ank Kuipers | Ank Kuipers | ) www.reuters.com time to read: +5 min

[1/8] Dutch Prime Minister Mark Rutte responds to recommendations from a panel of experts to accept the role of the Netherlands in the history of slavery and its current consequences in The Hague, Netherlands December 19, 2022. "Today I apologise," Rutte said in a nationally televised speech at the Dutch National Archives. "For centuries the Dutch state and its representatives have enabled and stimulated slavery and have profited from it," he added. "It is true that nobody alive today bears any personal guilt for slavery...(however) the Dutch state bears responsibility for the immense suffering that has been done to those that were enslaved and their descendants." The panel said that Dutch participation in slavery had amounted to crimes against humanity and in 2021 recommended an apology and reparations.

☆ Millionaire investors haven't been this bearish since 2008
▼ + stars: | 2022-12-19 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Millionaire investors are betting on double-digit declines in stocks next year, reflecting their most bearish outlook since 2008, according to the CNBC Millionaire Survey. The last time millionaire investors were this gloomy was during the financial crisis and Great Recession more than a decade ago. Inflation, rising rates and the potential for recession are all weighing on the minds of wealthy investors, Walper said. The bleak outlook could also put additional pressure on markets, since millionaire investors own more than 85% of individually held stocks. Nearly half (46%) of millionaire investors have more cash in their portfolio than last year, with 17% holding "a lot more."

☆ 'Selling Sunset' star Jason Oppenheim shares what he looks for when buying a new home and his top advice for buyers in 2023
▼ + stars: | 2022-12-19 | by ( Dorothy Cucci | ) www.businessinsider.com time to read: +9 min

He says low inventory won't change anytime soon and that homes sitting on the market are often hidden gems. This as-told-to essay is based on a conversation with Jason Oppenheim, president and founder of The Oppenheim Group and star of Netflix's 'Selling Sunset.' Low inventory plus high demand equals higher prices; low inventory plus low demand (which we have now) creates a balance. In a low inventory market, you usually have to give up a few items on your wish list. If you're a seller in a big city, you're gonna have to be patient, but there's going to be decent demand.

☆ World Cup going from compact to super-sized in 2026
▼ + stars: | 2022-12-16 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

The last time Mexico (1986) and the United States (1994) hosted a World Cup there were 24 teams. The 32-team World Cup in Qatar has a total of 64 matches, completed in 29 days, and, for now, the 2026 finals will be 80 games over 32 days. More matches, however, would mean more television rights money and, as the World Cup brings in some 90% of FIFA's revenue, its leaders will be tempted. The World Cup in Qatar has earned $7.5 billion in rights and sponsorship revenue, one billion more than the 2018 finals in Russia, FIFA said last month. One sponsor almost certainly looking forward to 2026 is Budweiser, the official beer of the World Cup, who had the taps at stadiums turned off by Qatari officials just days before the start.

☆ The only victim in Elon's beef with journalists is Twitter
▼ + stars: | 2022-12-16 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Twitter itself knows news and journalists are major drivers of user engagement on its platform. By barring journalists, Musk is openly demonstrating his resentment towards one of Twitter's most active and important userbases, hurting the platform further. Journalists depend on Twitter, and Twitter depends on them tooBy Twitter's own estimates, journalists count for a lot on its platform. Users "regularly follow news-related Twitter accounts, and around 4 in 5 young journalists rely on the platform for their jobs. Journalists use Twitter more than any other social media platform, according to research from Pew in June, treating it as a real-time source of information.

☆ Fashion retailer H&M's Sept-Nov sales beat forecast
▼ + stars: | 2022-12-15 | by ( Stine Jacobsen | ) www.reuters.com time to read: +1 min

COPENHAGEN, Dec 15 (Reuters) - H&M (HMb.ST), the world's second-biggest fashion retailer, reported on Thursday a 10% increase year-on-year in September-November net sales, slightly exceeding market expectations of a 9.5% rise. Net sales for September-November, H&M's fiscal fourth quarter, stood at 62.5 billion crowns ($6.13 billion), up from 56.8 billion crowns a year ago, while analysts polled by Refinitiv had on average forecast 62.17 billion crowns. "During the quarter around 25–50 stores in China were temporarily closed due to new COVID outbreaks." Measured in local currencies, sales in the quarter were unchanged, it said. ($1 = 10.2119 Swedish crowns)Reporting by Stine Jacobsen; editing by Terje Solsvik and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

☆ Ericsson sees margin at lower end of target; pushes for cost cuts
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +3 min

SummarySummary Companies Company to reach lower end of 15-18% EBITA range by 2024Accelerating cost cuts of 9 bln SEK by end of next yearSTOCKHOLM, Dec 15 (Reuters) - Swedish telecom equipment maker Ericsson (ERICb.ST) said on Thursday it would reach the lower end of its long-term target of a profit (EBITA) margin of 15-18% by 2024 as several of its more profitable markets show signs of slowing down. While U.S. and other markets are slowing down, Ericsson is hoping newer markets such as India would help it balance some of the lower demand for 5G equipment. The company is now accelerating plans to cut costs by 9 billion crowns ($880 million) by the end of 2023. While demand for 5G equipment has been strong, the early stages of rollouts tend to have lower margins, meaning telecom groups such as Ericsson and Finnish rival Nokia (NOKIA.HE) rely on patent royalties to boost profits. On Wednesday, Ericsson said U.S. regulators had extended its monitoring of the company for compliance following the 2019 settlement for one more year.

SYDNEY/BEIJING, Dec 15 (Reuters) - The rising alarm over COVID-19 spreading in China was felt in pharmacies in Hong Kong, Macau, and in some neighbourhoods in Australia, as people hunted for fever medicines and virus test kits to send to family and friends on the mainland. Several shops have since imposed limits on how much customers can buy, and drugmakers are ramping up production. They like to hoard medicines before they even get sick," said a doctor in Shanghai. "I have friends in Beijing who asked me to send over some flu medicines and rapid tests. And the government-backed Sinopharm Group has tripled daily production capacity of key drugs, state run CCTV reported, due to a sharp increase in demand for medicines to treat fever and cough symptoms.

French container line CMA CGM sees the ownership of cargo terminals at U.S. ports as the next step in its bid to extend its shipping business into greater inland logistics. “Port terminals are an essential piece of the supply-chain efficiency, being at the crossroads of sea and land operations,” said Christine Cabau Woehrel, CMA CGM Group’s executive vice president of operations and assets. CMA CGM earned $17.9 billion in net profits in 2021 and its earnings in the first three quarters of this year reached more than $20.4 billion. The purchases come as CMA CGM is spending billions to buy logistics operations and more recently launch an airfreight service. China’s Cosco Shipping Ports has expanded its terminal operations around the world in concert with expansion by state-owned Cosco Shipping Lines.

☆ FIFA to re-think 2026 format as they face spoiling winning recipe
▼ + stars: | 2022-12-14 | by ( Mark Gleeson | ) www.reuters.com time to read: +3 min

[1/2] Soccer Football - FIFA World Cup Qatar 2022 Preview, Doha, Qatar - November 18, 2022 The FIFA World Cup logo on the Corniche Promenade is pictured ahead of the FIFA World Cup Qatar 2022 REUTERS/Fabrizio BenschDOHA, Dec 14 (Reuters) - Having just delivered the most exciting group stage ever seen at a World Cup, with a tried and tested format that keeps hundreds of millions of fans enthralled, FIFA now faces the prospect of ripping it all up. The 2026 format has the 48 teams reduced to 32 after the group phase and then the tournament becomes a knockout affair. The 32-team World Cup in Qatar has a total of 64, completed in 29 days, and, for now, the 2026 finals will be 80 games over 32 days. More matches, however, would mean more television rights money and as the World Cup brings in some 90% of FIFA's revenue, its leaders will be tempted. The World Cup in Qatar has earned $7,5-billion in rights and sponsorship revenue, one billion more than for 2018 finals in Russia, FIFA said last month.

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