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Read previewBefore Ami Vora became a Meta VP, she worked as a temporary employee in Facebook's PR department and slept on couches. Vora spoke about how she got her first job at Facebook on an episode of "Lenny's Podcast" published Sunday. The ex-Meta exec ended up becoming VP of product at Facebook, and VP of product and design at WhatsApp. "This wasn't exactly what I'd been hoping for," Vora wrote in her post. Vora would later become a director at Instagram, VP of product at Facebook, and VP of product and design at Whatsapp, according to her LinkedIn.
Persons: , Ami Vora, Vora, couldn't, I'm Ami, I'd Organizations: Service, Facebook, Meta, Business, Microsoft, Lean Locations: Silicon Valley, New York, Palo, San Francisco, California, Whatsapp
Michelle Bowman, governor of the US Federal Reserve, speaks during the Exchequer Club meeting in Washington, DC, US, on Wednesday, Feb. 21, 2024. Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates, adding she would be open to raising if inflation doesn't pull back. "However, we are still not yet at the point where it is appropriate to lower the policy rate." The Commerce Department on Friday will release its reading on the May personal consumption expenditures price index, the Fed's preferred inflation gauge. Economists surveyed by Dow Jones expect a 12-month inflation rate of 2.6% on both the all-items and core, which excludes food and energy prices.
Persons: Michelle Bowman, Bowman, Dow Jones, Mary Daly, Daly, CNBC's Deirdre Bosa, it's, Austan Goolsbee, CNBC's Steve Liesman Organizations: US Federal Reserve, Federal, Market, Commerce Department, European Central Bank, San Francisco Fed, Chicago Fed Locations: Washington , DC, London, U.S, San Francisco
"It was harder than the initial assault," Kostial said of being stalked. The Aetna NDA only silenced her about the terms of her settlement, not the sexual assault. Kostial has discussed her situation with Vincent White, a New York city-based lawyer who specializes in workplace NDAs and advises signatories on the risks associated with breaking them. Kostial is fearful that if they wed, her wife's finances could be affected if either SAP or Aetna pursues her for breaking her NDA. AdvertisementWhenever she's seized by anxiety, Kostial reminds herself of how hard she's fought to move past the sexual assault and why she's coming forward.
Persons: , Ashley Kostial, she'd, She'd, Kostial, abrasions, Aetna, Brad Schleier, Schleier, hadn't, NDAs, Taylor Glascock, Kira, She's, Nina Wasow, Jodi Short, Evan Starr, Morton , Illinois Taylor Glascock, galling, Vincent White, White, Zelda Perkins, Harvey Weinstein's, Julie Macfarlane, she's, Hey Ashley —, he'd Organizations: Service, SAP, Marriott, Business, Ariba, Aetna, Aetna NDA, BI, University of California College of the, San, National Labor Relations Board, University of, Plano Police Department Locations: Plano , Texas, Plano, Phoenix, spokespeople, Aetna, Berkeley , California, California, New York, New, Maryland , New Jersey, New Mexico, But Arizona, San Francisco, NDAs, Morton ,, Oakland, Texas, Arizona, Illinois
Nvidia’s fall to earthIt looks like another volatile day for Nvidia shareholders. And given the company’s enormous influence on the entire S&P 500, they may not be the only investors facing big swings. It closed Monday down roughly 16 percent from its intraday high on Thursday, shedding more than $550 billion in value — roughly the size of Tesla’s market capitalization — offering the markets a tough reminder that the A.I. Mary Daly, the president of the San Francisco Fed, warned Monday of a slowdown in the labor market hitting the U.S. economy. Another big piece of data comes out on Tuesday: The Conference Board is set to release its monthly consumer confidence index.
Persons: Mary Daly, San Francisco Fed, Organizations: Nvidia, San Francisco
This story is available exclusively to Business Insider subscribers. AdvertisementScott's wife, Lesley Scott, said the flight attendants urgently asked passengers to put the oxygen masks on, which they thought meant this was not a mistake and that something was actually wrong. AdvertisementIn a statement provided to Business Insider, United said: "A small number of oxygen masks inadvertently deployed during the flight. About a week prior, oxygen masks also "inadvertently deployed" on a transatlantic United flight from Paris to Washington, DC. AdvertisementBoeing did not immediately respond to a request for comment from Business Insider sent outside regular hours.
Persons: , Ryan Scott, Scott, Lesley Scott, United Organizations: Service, Business, United, Kahului, Boeing, Business Insider Locations: Marin County , California, Hawaii, San Francisco, Maui, hyperventilating, Paris, Washington
The three-bedroom property, built in 1924, listed earlier this month is worth $1.8 million but is currently priced at $488,000, according to The San Francisco Standard. The property will be sold as is, meaning the new owners will become the current tenants' new landlords. The San Francisco metro area is one of the most expensive place to live. To afford life in a big city like San Francisco, you'd have to make double what most Americans earn, according to a May Moody's Analytics analysis. The unusual sale is partly due to a family feud, according to The San Francisco Standard.
Persons: you'd, Sandra Lee, Cheryl Lee, Todd Lee, Sandra, didn't, Lee Organizations: San Francisco, San Francisco Standard, North, CNBC Locations: San Francisco's, San Francisco, Russia Hill
Waymo opens robotaxi service to all San Francisco users
  + stars: | 2024-06-25 | by ( Jennifer Elias | ) www.cnbc.com   time to read: +2 min
A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Waymo robotaxis are now open to all users in San Francisco, expanding the self-driving ride-hailing service, which has been available in the city to a limited number of riders. In a blog post on Tuesday, Waymo said nearly 300,000 people have signed up for the service, called Waymo One, since the Alphabet-owned company opened its waitlist. As of February, the company had approximately 700 vehicles in the Waymo One fleet, including about 300 cars as part of its San Francisco service. The company said it has logged 3.8 million rider-only miles in San Francisco as of the end of March.
Persons: Waymo, We're Organizations: Waymo, General Motors, National, Traffic Safety Administration Locations: San Francisco, Phoenix, Los Angeles, Austin , Texas, California
CNBC TechCheck Evening Edition: June 25, 2024
  + stars: | 2024-06-25 | 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 EmailCNBC TechCheck Evening Edition: June 25, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
Persons: TechCheck Organizations: CNBC Locations: San Francisco
London CNN —At the beginning of the year, Federal Reserve officials projected they would cut interest rates three times this year. The labor-force participation rate has leveled off after a post-Covid boom, and the US immigration policy rate may soon become more restrictive, limiting potential new labor market participants. “Reducing our policy rate too soon or too quickly could result in a rebound in inflation, requiring further future policy rate increases to return inflation to 2% over the longer run.”Investors weren’t happy to hear it. That’s why not taking preemptive action when it’s not necessary is so important.”Chicago Fed President Austan Goolsbee has also been particularly hawkish in his views. He also said rate hikes are “certainly not off the table.”Like Bowman and Kashkari, New York Fed President John Williams said rate hikes aren’t part of his baseline outlook.
Persons: Michelle Bowman, she’s, ” Bowman, Bowman, , Dow, Mary Daly, Daly, ” Daly, “ We’re, it’s, Austan Goolsbee, Goolsbee, Neel Kashkari, John Williams, he’s Organizations: London CNN —, Federal Reserve, Exchange, London ., Federal, Market, Nvidia, San Francisco Fed, Commonwealth Club World Affairs of California, Chicago Fed, Minneapolis, Kashkari , New York Fed, Commerce Department Locations: London, San Francisco, Kashkari , New
Gold drifts lower as traders await U.S. inflation data
  + stars: | 2024-06-25 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices eased on Tuesday, while investors looked toward key U.S. inflation data due later this week that could throw some light on the Federal Reserve's interest rate cut stance. Gold prices eased on Tuesday, while investors looked toward key U.S. inflation data due later this week that could throw some light on the Federal Reserve's interest rate cut stance. Spot gold was down 0.2% at $2,327.52 per ounce as of 0339 GMT. "Technical factors in the short-term are not so positive for gold. Other Fed officials speaking this week include Fed Governors Lisa Cook and Michelle Bowman along with Richmond Fed President Tom Barkin.
Persons: Kelvin Wong, Bullion, Wong, Mary Daly, Lisa Cook, Michelle Bowman, Tom Barkin Organizations: Asia Pacific, U.S, San Francisco Fed Bank, Richmond Fed Locations: OANDA, U.S
CNN reveals America’s Best Towns to Visit in 2024
  + stars: | 2024-06-24 | by ( Cnn Travel | ) edition.cnn.com   time to read: +9 min
Video Ad Feedback See how this town gets the most fun out of one of the biggest lakes in the world 02:00 - Source: CNN America's Best Towns to Visit 2024 10 videos Video Ad Feedback See how this town gets the most fun out of one of the biggest lakes in the world 02:00 Now playing - Source: CNN Video Ad Feedback See why Dolly Parton — and the insects she sang about — are so important to this town 01:42 Now playing - Source: CNN Video Ad Feedback Is this the most family friendly town in the country? A CNN reporter takes his daughter to find out 01:57 Now playing - Source: CNN Video Ad Feedback Why this town is one of the country’s most underrated music meccas 02:02 Now playing - Source: CNN Video Ad Feedback Why this first-of-its-kind city has some of the most amazing skies you’ll ever see 02:00 Now playing - Source: CNN Video Ad Feedback Every room in this hotel has a wildly different theme. It’s a feast for the eyes 02:02 Now playing - Source: CNN Video Ad Feedback From sea to sandwich: in search of the best lobster roll ever 02:00 Now playing - Source: CNN Video Ad Feedback Here’s where you can snowshoe, hike an island, blow glass and shuck oysters – all in the same day 02:00 Now playing - Source: CNN Video Ad Feedback How to visit Venice, Italy — without leaving the US 02:01 Now playing - Source: CNN Video Ad Feedback Museums, murals and wine: Why Richmond is America’s best town 02:02 Now playing - Source: CNN See More VideosCNN —You’ve elbowed into the Empire State Building, admired the architecture along the Chicago River and huffed and puffed up and down the streets of San Francisco. At CNN Travel, we tapped our network of contributors for nominations for our inaugural list of America’s Best Towns to Visit. High scores: Dark skies, outdoor activities, scenery, retro vibeSunny days and starry nights are big draws in this high-elevation city.
Persons: Dolly Parton —, Frederik Meijer, Ai Weiwei, Peter McDaniel, Michigan’s, James Beard, You’ll, Dale Chihuly, Virginia –, ” –, it’s, Marnie Hunter, Forrest Brown Organizations: CNN, Empire, CNN Travel, Lake Superior, University of Tennessee, Nashville, Sculpture, Beer, San, Lowell Observatory, Golden State, San Luis Obispo, SLO, Puget Sound, Rainier, Tacoma, of, Rhode Island School of Design, Richmond, Richmond Folk Festival Locations: Venice, Italy, Richmond, Chicago, San Francisco . Big, United States, downtowns, Lakes, Duluth, Amity, Knoxville, Tennessee, Memphis, Grand Rapids, Beer City, Grand, Macon, Flagstaff, San Francisco Peaks, California, Southern California, Golden, San Luis, Puyallup, Virginia
Some Wall Street banks, worried that landlords of vacant and struggling office buildings won’t be able to pay off their mortgages, have begun offloading their portfolios of commercial real estate loans hoping to cut their losses. It’s an early but telling sign of the broader distress brewing in the commercial real estate market, which is hurting from the twin punches of high interest rates, which make it harder to refinance loans, and low occupancy rates for office buildings — an outcome of the pandemic. Late last year, an affiliate of Deutsche Bank and another German lender sold the delinquent mortgage on the Argonaut, a 115-year-old office complex in midtown Manhattan, to the family office of the billionaire investor George Soros, according to court filings. Around the same time, Goldman Sachs sold loans it held on a portfolio of troubled office buildings in New York, San Francisco and Boston. And in May, the Canadian lender CIBC completed a sale of $300 million of mortgages on a collection of office buildings around the country.
Persons: It’s, George Soros, Goldman Sachs Organizations: Deutsche Bank, Argonaut, CIBC Locations: Manhattan, New York, San Francisco, Boston
Read previewSix months after OpenAI announced GPTs, developers are getting creative when it comes to making money with their applications. To some, the GPT Store drew comparisons to the early days of the App Store, Apple's marketplace for mobile applications that debuted in 2008 and ushered in the smart phone era and "app economy." However, multiple GPT developers walked Business Insider through how they're making money with their apps while waiting for formal monetization plans to become available. Advertisement"I think it will be good when OpenAI comes up with monetization integrated in the GPT Store," developer Vicente Silveira told Business Insider in an interview. Our bet is that the GPT Store will be the best way right now to position yourself to create."
Persons: , OpenAI, monetization, Vicente Silveira, Silveira, Karthik Ramasamy, Silveria, Ramasamy, It's, Ai Drive's, Ai, Claude —, Charly AI, they've, GPTs, it's Organizations: Service, Business, Google, LinkedIn, Big Tech, Humanizer, BI, Charly Locations: Amsterdam, GPTs, San Francisco
The tents, the flags, the banners calling for a cease-fire in the Israel-Hamas war. But this was at the University of California, San Francisco, one of the nation’s pre-eminent medical schools and teaching hospitals. And the chants of “intifada, intifada, long live intifada!” could be heard by patients in their hospital rooms at the U.C.S.F. The Israel-Hamas war has frayed social ties around the world, undermining family gatherings and school classrooms. Unlike other University of California campuses, U.C.S.F.
Organizations: University of California, . Medical, of California Locations: United States, Israel, San Francisco, U.C.S.F
For a night at the symphony, there was a lot of tension in the air. The evening’s program was just the sort of thing he had promised when he was hired with a mandate to rethink the concert experience: Ravel’s charming “Mother Goose” brought to life by dancers from Alonzo King’s LINES Ballet, and then Schoenberg’s nightmarish “Erwartung” staged by the director Peter Sellars. His decision to leave once his contract is up next year has upset fans — “Who he is and what he brings can’t be replicated,” Mark Malaspina, an audience member, lamented as he entered the hall — and left some concerned about the future of the 113-year-old San Francisco Symphony. “An orchestra that was in very good shape is now in crisis,” said Peter Pastreich, a longtime arts administrator who managed the San Francisco Symphony from 1978 to 1999. “It is heartbreaking to watch.”
Persons: concertgoers, Pekka Salonen’s, Goose ”, Alonzo King’s, , Peter Sellars, , ” Mark Malaspina, Peter Pastreich Organizations: Davies Symphony, San Francisco Symphony, Ballet
Gold edges higher on softer yields; U.S. inflation data in focus
  + stars: | 2024-06-24 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices edged up on Monday as Treasury yields fell, while investors awaited key U.S. inflation data and Federal Reserve officials' comments through the week for fresh clues on the potential timing of the central bank's interest rate cut. Gold prices edged up on Monday as Treasury yields fell, while investors awaited key U.S. inflation data and Federal Reserve officials' comments through the week for fresh clues on the potential timing of the central bank's interest rate cut. Spot gold was up 0.2% at $2,325.53 per ounce as of 0333 GMT, after falling more than 1% on Friday. Benchmark 10-year U.S. Treasury yields edged down, making non-yielding bullion more attractive for investors. There are at least five Fed officials speaking this week, including San Francisco Fed President Mary Daly and Fed Governors Lisa Cook and Michelle Bowman.
Persons: Kyle Rodda, Rodda, Mary Daly, Lisa Cook, Michelle Bowman Organizations: Federal Reserve, Treasury, Capital.com, Traders, San Francisco Fed Locations: Capital.com .
The promise of a more rapid climb up the corporate ladder has made Alpine's CIT program incredibly popular. While it's too soon to know how Alpine's CIT program ranked this year, it received 750 applications for just 12 slots. AdvertisementAnderman's own non-conventional career took her from college dropout to ballet dancer to the world of international development to business school. When she interviewed for her job at Alpine, Weaver asked how she could handle the job with no prior experience. — Alpine's founder and CEO — Alpine's founder and CEOThe first attribute the company looks for is IQ, but not in the traditional kind.
Persons: , it's, Tal Lee Anderman, you've, Tal Lee Anderson, Graham Weaver, GSB, Weaver, whittle, Anderman, David Wurtzbacher, Wurtzbacher, they're, Geoff Smart Organizations: Service, Business, CIT, Harvard Business School, Stanford's, School of Business, Wharton School, University of Pennsylvania, Harvard, Tal Lee Anderson Alpine, Stanford, Wharton, Kellogg School of Management, Northwestern, University of Chicago Booth School of Business, Alpine, Alpine's San, Citadel, Yale Law School, America Locations: Alpine's, Alpine's San Francisco, Blackstone, Anderman, Manhattan, Jackson , Mississippi, Hong Kong
He shifted to work as a software engineer at Yahoo in 2011, where he first saw a product manager in action and was inspired to take up the role down the line. In 2018, he joined Visa as a data platform product manager. Over the next five years, Lin worked at PayPal and then Google, where he is a senior product manager. Related storiesThis is the résumé that landed Lin his roles at Meta, Visa, and PayPal, and, in 2022, a $350,000 annual pay package at Google. Lin is now a senior product manager at Google's San Francisco office.
Persons: , Yun, Yu Lin, Lin, Yung, I'm, it's, résumé Organizations: Service, Yahoo, Business, University of Southern, Meta, Visa, PayPal, Google, Surplus Technology, Google's San Locations: Taiwan, University of Southern California, Google's San Francisco
In 2018, he joined Visa as a data platform product manager. Over the next five years, Lin worked at PayPal and then Google, where he is a senior product manager. Related storiesThis is the résumé that landed Lin his roles at Meta, Visa, and PayPal, and, in 2022, a $350,000 annual pay package at Google. "Tier one is about 20 to 30 different positions that I really, really want," Lin said. Lin is now a senior product manager at Google's San Francisco office.
Persons: , Yun, Yu Lin, Lin, Yung, I'm, it's, résumé Organizations: Service, Yahoo, Business, University of Southern, Meta, Visa, PayPal, Google, Surplus Technology, Google's San Locations: Taiwan, University of Southern California, Google's San Francisco
CNBC TechCheck Evening Edition: June 24, 2024
  + stars: | 2024-06-24 | 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 EmailCNBC TechCheck Evening Edition: June 24, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
Persons: TechCheck Organizations: CNBC Locations: San Francisco
Firms like Correlation Ventures, 645 Ventures, and Fly Ventures have long used data and AI to help guide investment decisions. AdvertisementEarlier this year, Sri Chandrasekar, a partner at Point72 Ventures, noticed a startup in his portfolio was having a breakout week. Related stories"If you go to any venture firm's website, you'll find that half the names are not doing anything to do with investing," Chandrasekar said. Advertisement"If you look at the large firms, they got very, very large in the last few years," said Andy McLoughlin, managing partner at Uncork Capital. Venture firms will have to remake themselves into a combination of people and A.I."
Persons: , Matt Krna, Krna, Sri, Chandrasekar, Christina Melas, Andreeseen Horowitz, Andy McLoughlin, James Currier, Currier, McLoughlin Organizations: Service, Business, Ventures, Fly Ventures, Point72 Ventures, Bain Capital Ventures, Bain Capital, Catalyst, Lightspeed, Uncork, Venture, Deloitte, San Locations: San Francisco, Sri Chandrasekar
A San Francisco home that is listed for $488,000 is valued at more than triple that. San Francisco is famously expensive, and bargain properties rarely come up. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA three-bedroom home in San Francisco is up for sale for $488,000. According to The San Francisco Standard, the home is worth about $1.8 million — more than triple what it's on the market for.
Persons: Organizations: Service, San Francisco Standard, Business Locations: Francisco, San Francisco
“Can I ask you something?” he said when invited to justify Cristiano Ronaldo’s continued selection in Portugal’s starting XI. If Ronaldo doesn’t score, what else does he bring to the team apart from the histrionic gesturing of a frustrated traffic warden? “Do you know how many minutes Ronaldo played last season?” Martinez knowingly queried. Cristiano Ronaldo and Joao Cancelo were all smiles moments after the captain had been furious with his team-mate (Friso Gentsch/Picture Alliance via Getty Images)Pitch invaders marked Ronaldo closer than Turkey’s ragged centre-backs. “You can understand it was a difficult moment — if those intentions are wrong, the players are exposed and in danger.
Persons: Roberto Martinez, , Cristiano Ronaldo’s, Ronaldo doesn’t, He’s, Arda Guler, Ronaldo, ” Martinez, Cristiano, , Fernando Santos, Goncalo Ramos, Conceicao’s, didn’t, Nuno Mendes, Bernardo Silva’s, Orkun, Joao Cancelo, Cristiano Ronaldo, Friso, Bernardo, Ruben Neves, Bruno Fernandes, Fernandes, Martinez, Fernandes ’, Will, Ramos, Germain, it’s, You’re, he’ll, Etsuo Hara Organizations: Saudi Pro League, Turkey’s, Georgia, Turkey, Portugal, Getty, Altay Bayindir, North, Portugal’s, Ronaldo, Paris Saint, selfies Locations: Portugal’s, Czech Republic, Leipzig, Portugal, Dortmund, Germany, Switzerland, Qatar, North Macedonia, Hamburg, Paris
You'll need to earn around $25 per hour to live on your own in the United States' 25 largest cities. But in nearly half of the 25 largest cities, the living wage is double that of the local minimum wage. Having employer-sponsored health insurance certainly helps: It shaves roughly $2 off the hourly living wage in the 25 largest U.S. cities, according to EPI's estimates. BostonHourly wage to cover basic costs: $34.02Hourly minimum wage: $153. DetroitHourly wage to cover basic costs: $19.70Hourly minimum wage: $10.33Want to be a successful, confident communicator?
Organizations: San, Boston, ., Seattle, Denver, Orlando, Inland, Miami, Phoenix, Tampa, Dallas, Houston, CNBC Locations: United States, That's, San Francisco, Boston, San Antonio, Detroit, . New York, Diego, Washington, Los Angeles, Atlanta, Portland , Oregon, Inland Empire, California, Chicago, Philadelphia, Baltimore, Minneapolis, St, Antonio
How the vodka soda became 'gay water'
  + stars: | 2024-06-22 | by ( Alex Harring | ) www.cnbc.com   time to read: +11 min
The combination of soda water and vodka has long been a fixture of boozy LGBTQ+ life, particularly among gay men. One of those came from Houston-based lawyer Jeff Watters, who called the vodka soda the "gay water" of the nighttime in a post on X. Retail is also central to the business for Gay Water, a startup offering canned cocktail variations of vodka soda. The former's vodka soda citrus is 100 calories per can, while Gay Water contains 80. The Gay Bar Shop, a specialty retailer, sells an 11-ounce, $49 candle that smells like a vodka soda with a lime garnish.
Persons: Emily Rabbideau, Justin Ruka, Orlando, Ruka, seltzer, Lucas Hilderbrand, Justin, Jeff Watters, Coke, Watters, Hilderbrand, Mary Holt, Holt, Eric Einstein, Einstein, Brendan Oudekerk, bartenders, Rose Kennedy, Tom Campbell, Campbell, James Delos Reyes, that's, Spencer Hoddeson, Hoddeson, Bud Light, Kylie Jenner's, Boston Beer, Victor Tran, Tran Organizations: Love, Alaska Airlines, CNBC, University of California, San Francisco, Gay, New York City, Washington , D.C, New, Boston Beer, Boston, Gay Water Locations: San Francisco, Irvine, Houston, bartenders, Lawrence , Kansas, New York, Washington ,, West Hollywood, influencers, New York City, Gopuff, Virginia
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