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After five years as a stay-at-home mom, she has put her 5- and 3-year-old in day care full time. My plan was to put him in day care after I took maternity leave. AdvertisementFive years after the birth of my oldest, I have just sent my two kids to their first day of full-time day care. AdvertisementNow that they've been in day care for a few weeks, I feel human again. I would have been keener to continue working if it hadn't been so expensive to put my kids in day care.
Persons: Kelsey Combe, , I've, I'd, they've, I'm, keener Organizations: Service Locations: Naperville , Illinois, New York, California, Illinois
In the past five years, four other alums have either shuttered or stopped trading hedge fund strategies. It's the latest spinoff from long-running Tiger Cub Lone Pine Capital to shutter. Lone Pine, the $16 billion firm led by co-chief investment officers Kelly Granat and David Craver, was founded in 1997 by billionaire Steve Mandel. Inside the Lone Pine family treeGaonkar's experience is far from the norm for Lone Pine alums though. Firms like Lone Pine, Tiger Global, Coatue, Viking Global, Maverick, Light Street, and others have lasted for decades and minted billionaires along the way.
Persons: Scott Coulter's, Mala Gaonkar, , Coulter, Cowbird, Pine, Kelly Granat, David Craver, Steve Mandel, Mandel, Julian Robertson's, Lone, Coatue, redemptions, Gaonkar, David Byrne, SurgoCap, Abobe, David Stemerman's, Scott Phillips, Matt Iorio's, Li Ran's, Brian Eizenstat's, Paul Eisenstein's, Nikhil Trikha, Arthur Wit, that's, Andreas Halvorsen's, Dan Sundheim's, Ben Jacobs, Ning Jin, Marco Tablada, Robertson, Tom Purcell Organizations: Service, Business, Lone Pine, Julian Robertson's Tiger Management, Cubs, Roberston's Tiger Management, Tiger, CNBC, Nvidia, GE, Figma, Pine, Latimer, Elm, Sky Capital, CenterBook Partners, Ampersand Capital Group, Global, Fund Research, Tiger Cub, Tiger Management, Viking Global, Viking Locations: Lone, Lone Pine, Granat, Texas, Li Ran's London, California, Viking
My homeowner nightmare
  + stars: | 2024-10-10 | by ( Vishal Persaud | ) www.businessinsider.com   time to read: +11 min
The moment I saw I had an email from my solar company, I knew my nightmare was about to take another unsettling turn. But he didn't know any more than I did about how much longer my solar panels would remain useless. Meanwhile, my solar panels have been sitting on my roof for four months, entirely unused, taunting me from above. AdvertisementI also reached out to California's Contractors State License Board, which regulates solar companies, asking what recourse SunPower's customers had. But it seems ludicrous to buy a solar system that I had no intention of buying in the first place.
Persons: I'd, SunPower, it's, , Severin Borenstein, Ernst & Young, Gordon Johnson, Johnson, Forbes, David F, Larcker, Brian Tayan, Pavel Molchanov, Raymond James, There's, haven't, I'm, Vishal Persaud Organizations: Pacific Gas and, Berkeley's Haas School of Business, Nasdaq, GLJ Research, Stock, Industry, Sun Solar, California's Contractors, Board, Business Locations: Fresno , California, New York City, California, America, Fresno,
Hurricane Milton is battering Florida days after Hurricane Helene wreaked havoc on several states. The two events are the latest sign that hurricanes are becoming more frequent, more ferocious, and more costly. They're also hitting employment and economic growth, at least in the short term. They estimated that a Category 5 storm could lower fourth-quarter annualized GDP growth by 0.14 percentage points, from a forecasted 2.3% to below 2.2%. "Rebuilding should provide a boost to economic activity in those affected regions in subsequent months, and potentially years," Sweet told BI, quoting from his recent note.
Persons: Milton, Hurricane Helene, Helene, They're, Adam Smith, Jefferies, Harvey, Ian, Smith, Michael Mann, Ryan Sweet, Sweet, Mann, Implan Organizations: Service, Hurricanes, National Oceanic, Atmospheric Administration, NOAA, University of Pennsylvania, Oxford Economics, Boeing, Milton, Potsdam Institute, Climate Impact Research Locations: Florida, North Carolina, Milton
Ye has been accused in a new lawsuit of threatening to kill a former employee. The plaintiff said he was asked to investigate the Kardashian family. AdvertisementYe, the embattled rapper formerly known as Kanye West, has been accused in a new lawsuit of threatening to kill an employee who says he was tasked with investigating bizarre conspiracy theories surrounding the Kardashian family. "John Doe was also tasked by Ye with investigating the Kardashian family and supposed various criminal links Ye believed they had with criminal enterprises, including alleged sex trafficking," the lawsuit says. Reps for Ye and the Kardashian family — which includes Ye's ex-wife, Kim Kardashian — did not immediately respond to a request for comment from Business Insider on Thursday.
Persons: Ye, Kardashian, , John Doe, Ye's, Bianca Censori, Kim Kardashian, Pete Davidson, Pete Davidson's, Censori, Doe, Ron Zambrano, Zambrano Organizations: Service, Business, TikTok, TMZ, Donda Academy, Plaintiff, West Coast Employment Lawyers Locations: California, Australia, North West
Here's how catastrophe bond investors are reacting to Milton
  + stars: | 2024-10-10 | 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 EmailHere's how catastrophe bond investors are reacting to MiltonJeffrey Davis, portfolio manager and partner at Elementum Advisors, joins CNBC's 'The Exchange' to discuss how insurance-linked securities are performing in the wake of Hurricanes Helene and Milton, how returns are impacted by storm damage, and more.
Persons: Milton Jeffrey Davis, Helene, Milton Organizations: Elementum Advisors
For a smaller hatchback, the Equinox EV impressed me with its cargo space. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChevrolet is pitching the Equinox EV as an option for today's more practical electric vehicle shopper. So, when I got the chance to drive the $46,595 Equinox EV for a week, I wanted to test the practicality of Chevy's newest electric car with my partner and our two-year-old son. But the Equinox EV slotted pretty seamlessly into our busy life.
Persons: , Steve Majoro, Ann Arbor Organizations: Equinox, Service, Chevrolet's Locations: Detroit, Ann
Former FTX executive Ryan Salame is heading to prison on Friday. A judge ordered Salame to 7.5 years in prison earlier this year for his role in FTX's collapse. AdvertisementFormer FTX executive Ryan Salame prepared to start his 7 ½ year prison sentence with one final Very Online post. "I'm happy to share that I'm starting a new position as Inmate at FCI Cumberland," Salame posted on Wednesday. Salame's prison start date was delayed several times after a dog bit him.
Persons: Ryan Salame, , Sam Bankman, Salame, Caroline Ellison, Gary Wang, Nishad Singh, Donald Trump, He's, Michelle Bond, Lewis Kaplan Organizations: LinkedIn, Service, Prosecutors, Alameda Research, FTX's, Republican Locations: Cumberland , Maryland, Cumberland, Alameda, Nashville
Try working two at the same time. So how does Bansal manage to stay healthy and productive while running two fast-growing startups? "It's very ironic that people think, [because] I'm CEO of two companies, I should be the best at multitasking," Bansal says. The next 30 minutes, "I could be with our investors and board on something [at a] much higher business-level kind," he says. "The next 30 minutes, I could be in a customer conversation.
Persons: Jyoti Bansal, Bansal, TechCrunch, he's, that's, I'm, Jason Buechel, Goldman Sachs, Shekhinah Bass Organizations: Startup, Cisco, CNBC, Whole Foods
Tesla is expected to unveil a new service at its Robotaxi event that will impact Uber and Lyft. The ride-hailing industry has so far been dominated by two major players — Uber and Lyft — and Gawrelski said Tesla's Robotaxi could mark a new challenger jockeying for market share. Uber, Lyft, and Tesla did not immediately respond to a request for comment. Ives said Tesla's Robotaxi event will be a historical day for the auto industry — and it will pressure Uber to seek out more partnerships. In September, Waymo announced that its Waymo One ride-hailing service would be available to users in Austin and Atlanta exclusively through the Uber app.
Persons: Tesla, Uber, , Elon Musk's, Musk, There's, Wells, Ken Gawrelski, Gawrelski, there's, Morgan Stanley, — Uber, Lyft, Tesla's, jockeying, he's, Wolfe, Shweta Khajuria, Robotaxis, Khajuria, Waymo, Dan Ives, Ives, FSD, Cruise, Dara Khosrowshahi, Khosrowshahi Organizations: Service, Hollywood, Elon, Wolfe Research, EV, Los Angeles, Starbucks Locations: Austin, Atlanta, San Francisco, Phoenix, Los
New York CNN —Elon Musk and Tesla have pledged a game-changing moment in the company’s history Thursday night. For the last decade, the electric vehicle maker’s CEO has vowed that true self-driving cars from Tesla were right around the corner. And even if the technology is as advanced as Musk likes to claim, getting regulatory approval to operate could be difficult. Tesla and Musk have made promises many, many times before about autonomous vehicle capabilities and when true self-driving would be available. “Either you walk away from the event as a jaw dropping moment, or you walk away with a shrug of shoulders event.”
Persons: New York CNN — Elon, Tesla, , Dan Ives, Waymo, they’ve, GM’s, Musk, , FSD, “ You’d, Gordon Johnson, it’s, Gene Munster, ” Munster, “ They’ve, Ives Organizations: New, New York CNN, Warner Bros, Wedbush Securities, Apple, Motors ’, state’s Department of Motor Vehicles, Deepwater Asset Management, Munster Locations: New York, California
Furthermore, it's the only credit card that allows me to gift airport lounge access to four people for free by adding them as authorized users on my credit card. I Earn 2% Back on Therapy with my Capital One Venture X Rewards Credit CardI primarily use my Capital One Venture X Rewards Credit Card on transactions that don't earn bonus points on another card. Capital One Venture X Annual Fee and Other CostsThe Capital One Venture X Rewards Credit Card charges a $395 annual fee (rates and fees). Capital One Venture X Frequently Asked QuestionsIs the Capital One Venture X worth it? Yes, it's possible to get approved for the Capital One Venture X Rewards Credit Card if you already have the Capital One Venture Rewards Credit Card open.
Persons: I've, cardholder, Miles, Chase, LifeMiles, Smiles, Red, Wyndham, cardholders, Cardholders, I'm, You've, Jasmin Baron, Read, Angela Fung Organizations: Business, Venture, Capital, One, Chase, Five, U.S, American, American Express, Chase Sapphire Reserve, Aeromexico Club, Air Canada, Air France, KLM, Blue, British Airways Executive Club, Cathay, Emirates, Etihad, Qantas Frequent, TAP Air Portugal Miles, Turkish Airlines Miles, Wyndham Rewards, Collection Hotels, Premier, Resorts, Chase Travel, Marriott, TSA, Hertz, Cell, Travel Insurance, One Venture, Mastercard, Chevron, Finance Locations: Taiwan, Cathay Pacific Asia, Singapore, Canada
AdvertisementStephen tells Monica early on that he cheated in a prior relationshipStephen on "Love Is Blind" season 7. On that same date, he also tells Monica that he recently learned he had West African ancestry, not Italian as he previously thought. When Monica tells him that she had seen texts from the day of their conversation, he says he didn't remember sending them. After Stephen tells Monica he'll leave, Monica asks him to send her the money she spent to front their expenses. After the episodes premiered, Stephen posted several memes on his Instagram story about entering a "villain arc" on the show.
Persons: Monica, Stephen, , Leo, Brittany, he's, Netflix Stephen, Donald Trump, Hillary Clinton, Trump's, Joe Biden, Netflix Monica, It's, Taylor, Stephen debrief, Monica he'll, shouldn't, Garrett, Stephen doesn't, we're Organizations: Netflix, Service, Honduran Locations: Mexico, Instagram
Bernard Arnault's family is set to become a majority shareholder in Paris FC. AdvertisementBernard Arnault's family is set to invest in Paris FC football club alongside Red Bull as the billionaire LVMH CEO further embraces the world of sport and its lucrative sponsorship opportunities. Red Bull will acquire a 15% stake. "LVMH operates a global business and needs to find global audiences and global languages," Luca Solca, a senior analyst at Bernstein covering global luxury goods, told Business Insider. LVMH and Red Bull did not immediately respond to a request for comment from Business Insider.
Persons: Bernard Arnault's, LVMH, , Red Bull, Pierre Ferracci's, Arnault, Louis Vuitton, Moët Hennessy, Luca Solca, Bernstein Organizations: Paris FC, Rolex, Service, Paris FC football, Bloomberg, Ligue, TAG, Olympic, Paralympic Games, Business Locations: Paris, LVMH, Swiss
Elon Musk unveils his ‘Cybercab’ robotaxi
  + stars: | 2024-10-10 | by ( Chris Isidore | ) edition.cnn.com   time to read: +5 min
The event featured models of the robotaxi as well as a Robovan, a driverless vehicle designed to carry a larger group of people or items. TeslaBut the delay seemed to matter little to the in-person crowd waiting for the chance to ride in the 50 self-driving vehicles that were cruising around the studio lot. Tesla has long offered what it calls Full Self-Driving or FSD, currently priced at $8,000, as an option on its cars. Musk has insisted that the company’s data shows that FSD is already safer than cars driven by humans. ‘Overly optimistic’This is certainly not the first time that Musk has laid out ambitious time frames for his plans for self-driving cars.
Persons: Elon Musk, Musk, Tesla, , , FSD, ” “, Gene Munster, it’s, ” Munster Organizations: New, New York CNN, Warner Bros, Deepwater Asset Management, CNN Locations: New York, California, Texas
Why the U.S. government is investigating Google
  + stars: | 2024-10-10 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com   time to read: +3 min
Google, the online search and digital ad goliath, is the first U.S. tech giant to land in federal court fighting antitrust concerns in decades. Google controls an estimated 88% of the market for general search online, according to the August opinion from Judge Mehta. And late in 2023, a jury delivered a guilty verdict against Google in a trial about business practices related to the Google Play app store. In September 2024, Epic filed an additional antitrust lawsuit against Google and Samsung, alleging that the company continued to use its monopoly power to unfairly harm competition. Watch the video above to see why the U.S. government is investigating Google.
Persons: Amit Mehta, Judge Mehta, Bing, Lee Hepner, Nikolas Guggenberger, Gene Munster Organizations: Google, U.S, District of Columbia, Justice Department, American Economic Liberties, Epic Games, Samsung, University of, Deepwater Asset Management, CNBC Locations: U.S
In “Single Lady,” her fourth, self-directed hour, all guardrails are off. But with “Single Lady,” Wong wants to do more than simply recount her exploits to an ecstatic crowd at L.A.’s Wiltern Theater. One of the best bits of “Single Lady” sees her express naked condescension towards insecure male comedians and the younger women they make her babysit at various dinner parties. Wong’s fans already know the title of “Single Lady” is something of a misnomer. “Single Lady” is far from a how-to guide, but it’s a riveting testimonial.
Persons: Ali Wong, , Wong, , ” Wong, “ I’m, I’m, Toto, Don Wong, It’s, sneer, Wong’s, Bill Hader Locations: L.A, Wong’s, Japanese American,
According to the lawsuit, these universities bilked applicants from divorced or separated homes by including the financial backgrounds of noncustodial parents when determining financial aid packages. The universities engaged in “a concerted action” to require that an applicant’s noncustodial parents, meaning the parent a student does not primarily live with, provide their financial information to be eligible for nonfederal financial aid, the lawsuit states. The universities generated financial aid offers based on an applicant’s custodial and noncustodial parents’ financial statuses. The College Board’s push to include noncustodial parents’ financial information began in 2006, the lawsuit says, and never included consideration for whether that parent would contribute to a student’s education. “This lawsuit has no merit and NYU intends to vigorously defend itself and its financial aid policies and procedures,” NYU spokesperson John Beckman said in a statement.
Persons: Brown, Hagens Berman, Steve Berman, ” Berman, , John Beckman Organizations: Harvard, Cornell, Dartmouth, Yale, Boston University, Cornell University, Northern, Northern District of Illinois, College Board, , College Board’s, Financial, Columbia University, The, Board, ” New York University, NBC News, NYU, Georgetown University, Fordham, University of Pennsylvania, NBC Locations: United States, U.S, Northern District, Columbia
New York Jets quarterback Aaron Rodgers on Wednesday refuted speculation that he played a role in the firing of head coach Robert Saleh. “I resent any of those accusations because they’re patently false,” Rodgers said on "The Pat McAfee Show" when asked if he played a role in Saleh’s dismissal. “I love Coach Saleh, we have a very solid relationship. Aaron Rodgers and coach Robert Saleh last month during a home game. After the game, Saleh said they could be linked to the tricky cadence Rodgers uses.
Persons: Aaron Rodgers, Robert Saleh, , ” Rodgers, Pat McAfee, Saleh, Rodgers, Adam, Robert, he’s, Woody Johnson, New York, He’s, Jim McIsaac, rebuff, didn't Organizations: New York Jets, Jets, Minnesota Vikings, Vikings, Buffalo Bills, AFC East, Denver Broncos, New England Patriots Locations: London, New
Attendance was tracked, but the system was flexible in practice, and many ended up leaving at lunchtime, Dell workers told Business Insider. Some parents and other caregivers on the sales team told BI that the lack of notice sparked panic. Two other parents at Dell told BI they were facing the same issue finding day care. Workers told BI that Dell's Round Rock HQ has been busy since the company introduced a 5-day RTO for the sales team. Brandon Bell / GettyTwo parents from the sales team told BI that managers were trying to be lenient where they could.
Persons: Dell, they've, , they'd, Bill Scannell, John Byrne, Scannell, Byrne, Michael Dell, Brandon Bell, Nick Bloom, wouldn't, Johnny C, Taylor, it's Organizations: Dell, Business, Service, Global, BI, Workers, Stanford, Society for Human Resource Management
As a gay man, Dunn says he was shocked to connect deeply with so many straight male coworkers. AdvertisementLittle did I know I was about to find a new brotherhood among a different group at work: straight men who were also getting divorced. Related storiesIn a matter of weeks, it was straight men — my coworkers — who became my greatest supporters, advisors, and most unlikely allies. And that's how I was introduced to an unofficial club — the straight guys' divorce club. AdvertisementThis is, in my opinion, one of the most offensive things you can ask a gay man.
Persons: Karl Dunn, Dunn, , I'd, I'm, I've, they'd, they've, James, who'd, He'd, we'd, would've Organizations: Service Locations: LA
Oversea-Chinese Banking Corp will stop processing Russian transactions in November, Bloomberg reported. The Singaporean bank is following lenders in China, which have largely pulled back from Russia. AdvertisementAnother bank has turned its back on Russia as lenders grow worried about doing business with Moscow under threat of Western sanctions. The changes come as more lenders grow hesitant about doing deals with Russian clients after the West threatened to impose secondary sanctions on firms doing business in the country. A Russian state media outlet reported that nearly all Chinese banks have stopped processing payments from Russia out of fear of being targeted.
Persons: , Oversea, hasn't Organizations: Chinese Banking Corp, Bloomberg, Service, Banking Corp, Business Locations: Russia, China, Moscow, Singapore, Russian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMega caps will continue to take us to the promise land, says Capital Area's Malcolm EthridgeMalcolm Ethridge, Capital Area Planning Group managing partner, joins 'Closing Bell' to discuss markets, mega cap stocks and where he sees stocks go from here.
Persons: Malcolm Ethridge Malcolm Ethridge Organizations: Planning Group
My husband and I live on a boat, which really challenges our relationship. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Surviving a Category 5 hurricane taught us we could rely on one another even if our lives were at stake. My husband and I have redefined our communication methods to ensure clarity, limit misunderstandings, and amplify unwavering support. In return, my husband and I enjoy a deep, fulfilling bond that makes our special life at sea all the sweeter.
Persons: , Dorian, we've, there's Organizations: Service Locations: Bahamas, panicking
Since then, I've been to 86 countries and have learned how to travel on a budget. I book directly with local businesses and I embrace public transportation, among other things. Now, 20 years later, I've visited 86 countries on a shoestring budget. It feels more ethical, too, as our money went straight to people living by the river instead of a tour company based elsewhere. If that is the case, make sure to book the tours while you're in the country, as it will save you money.
Persons: I've, , who'd, Jennifer Sizeland, we'd Organizations: Service, Raffles Locations: Tanzania, Borneo, Chile, Argentina, Tunisia, Carthage, South, Southeast Asia, Baku, The Gambia, Singapore
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