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The Jamie Dimon manifesto
  + stars: | 2024-04-09 | by ( Juliana Kaplan | ) www.businessinsider.com   time to read: +7 min
The 2023 shareholder letter from JPMorgan Chase CEO Jamie Dimon is chock full of policy ideas. Jamie Dimon, the billionaire CEO of JPMorgan Chase, outlined some of the biggest issues facing the company, the country, and the world in his 2023 annual shareholder letter. But he says that the US needs to flex its other muscles of power — economic policy, diplomacy, and intelligence — beyond military strength. Dimon points to the growth in wage inequality, saying that "wrong" policy falls disproportionately on the backs of lower-earning Americans. Dimon previously said that taxes on the wealthy could help offset the costs of bolstering the EITC.
Persons: Jamie Dimon, , JPMorgan Chase, who's, Dimon, Oppenheimer, Donald Trump Organizations: JPMorgan Chase, Service, JPMorgan, US, Ukraine, Woods, Monetary Fund, American Locations: Ukraine, China
President Joe Biden is fighting to convince inflation-weary voters that the U.S. economy is healthy. "America has the best economy in the world," he told NBC's Today Show on Monday, laying out an argument that is central to his reelection campaign. "The U.S. economy is leading the way for the global economy. It's driving the global economic train," Moody's Chief Economist Mark Zandi told CNBC. Besides sticky high prices that are projected to cool in the coming year, Zandi said that the fundamentals of the current U.S. economy are nearly ideal: "The economy is picture perfect.
Persons: Joe Biden, NBC's, Donald Trump, Trump, Mark Zandi, Dow Jones, Zandi Organizations: Flex, International Monetary Fund, IMF, CNBC Locations: U.S, West Columbia, South Carolina, America, United States, Georgia
Holly Dresden joined Shopify as head of enterprise merchant success in December after six years with Salesforce Commerce Cloud. Evan AgostiniAs it moves further into enterprise, Shopify hasn't always been subtle about zeroing in on Salesforce as a competitor. It recently launched a webpage comparing its platform with Salesforce Commerce Cloud, encouraging merchants to "join the mass migration" of brands moving from Salesforce to Shopify. But winning over enterprise retailers requires a different approach, and it's one where Salesforce has more years of experience than Shopify. Talking the enterprise talkPoaching employees from Salesforce isn't the only way Shopify has made an effort to win over enterprise customers.
Persons: , Shopify, Kal Stephen, Holly Dresden, Everlane, Marc Benioff, Evan Agostini, hasn't, Michael Affronti, we've, Affronti, Shopify's, Salesforce, We've, It's, Rick Watson, Watson, Demandware, Oppenheimer, Ken Wong, Wong, Harley Finkelstein Organizations: Service, Salesforce Commerce, Business, Salesforce, Adobe, SAP, Mattel, Commerce, RMW Commerce Consulting, Accenture, IDC, Manhattan Associates Locations: Salesforce, Demandware
Opinion: Watch carefully what Putin does next
  + stars: | 2024-03-27 | by ( Opinion Frida Ghitis | ) edition.cnn.com   time to read: +9 min
Literally and figuratively, Putin was telling Russians — who would soon vote in a presidential election — that he was the man to protect them. Once in office, attack after attack gave him the pretext to dismantle democracy brick by brick. Once in office, attack after attack gave him the pretext to dismantle democracy brick by brick. Patrushev, incidentally, now heads the national security council, and as I recently wrote, is a possible successor to Putin. The terrorist attack was a glaring failure by the president and his regime.
Persons: Frida Ghitis, Vladimir Putin, Boris Yeltsin, Putin, , , Yeltsin, Nikolai Patrushev, Alexander Litvinenko, Denis Sinyakov, Moscow’s, beholden, Oleg Nikishin, Crocus Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, Crocus City Hall, ISIS, Putin, FSB, European Court, Human Rights, Kremlin, Chechen, Getty Locations: Crocus, Moscow, Ukraine, Washington, Chechnya, Russian, Ryazan, AFP, Russia, Beslan,
When I was diagnosed with breast cancer, I decided not to tell my kids. And with breast cancer, early detection is everything." Anna Sullivan took her two kids trick-or-treating just a few hours after her breast cancer diagnosis. My breast cancer diagnosis was early-onset and ER+, meaning that instead of chemotherapy, I was prescribed a five-year adjuvant endocrine therapy. Being able to talk openly about my cancer diagnosis has brought us closer as a family.
Persons: , Freddie, White, Snow, Alex, Max, It's, Anna Sullivan, hadn't, intently, I've, waaay, I'd Organizations: Service, OB
To cruise lines, they're cash cows. Related storiesThese are the three reasons cruise-run private destinations have become so important. Amid rising fuel costs, it's easy to see why cruise lines would want to plan more itineraries around these nearby stops. Private destinations keep profits in-houseThe bar had two halves: one on land and the other at pool level. And because there's no need to rely on other excursion operators, they allow cruise lines to keep more profits in-house.
Persons: , Patrick Scholes, Michael Bayley, Naftali Holtz, it's, Scholes, wouldn't, Linken D'Souza, Brittany Chang, Josh Weinstein, Jason Liberty, Simone Padovani, CHANDAN KHANNA, They're Organizations: Service, Royal, Business, Truist Securities, Disney Cruise Line, Disney Cruise, Holland America, MSC, Royal Caribbean International, Royal Caribbean Group, Beach, cabanas, Carnival Corp, Private, Hideaway, Disney, Key, Getty Locations: Miami, Bahamas, CocoCay, Caribbean, Honduras, Belize, Eleuthera, Cay, Holland, Royal Caribbean, Paradise, Nassau, Florida, cabanas, Royal, Orlando, Venice, Italy's Giudecca, Santorini, Greece, Key West , Florida, California, Alaska , Maine, Europe, Juneau , Alaska, French Polynesia, Italy
Shares of Nvidia are red hot, but Bank of America thinks there's a slew of other stocks that investors should consider. They include: Super Micro Computer, Kroger, Burlington, JPMorgan Chase and TJX Companies. Kroger Analyst Robert Ohmes said Kroger is firing on all cylinders even as grocery prices remain high. And like Kroger, share gains are aplenty as new store openings continue coming online. Given its turnaround momentum and ongoing favorable off-price retail fundamentals, Burlington is well positioned for outperformance, in our view."
Persons: there's, JPMorgan Chase, Robert Ohmes, Kroger, Ohmes, Lorraine Hutchinson, Hutchinson, Ebrahim Poonawala, Jamie Dimon, Poonawala, BofA, TJX, BURL Organizations: Nvidia, Bank of America, CNBC, Computer, Kroger, JPMorgan, TJX Companies, Burlington, JPMorgan Chase, Artificial Intelligence Locations: Burlington
Sam Altman says collaborating with others isn't something Elon Musk is "most known for." Altman cited Musk's past behavior, when he'd dethroned Jeff Bezos as the world's richest person. Musk sent a silver medal emoji to Bezos via an X post in September 2021. AdvertisementSam Altman didn't like it when Elon Musk made fun of Jeff Bezos after surpassing Bezos as the world's richest person in 2021. But Altman raised a counterpoint that for Musk, collaborating with others is "not really the thing he's most known for."
Persons: Sam Altman, Elon, Altman, he'd, Jeff Bezos, Musk, , Elon Musk, Lex Fridman Organizations: Service, Bezos Locations: Bezos
In 2019, Urias-Roy and her husband started URATX, a delivery service based in Austin that uses independent contractors for large food deliveries, such as catering orders. The problem these stores had was that they were getting a lot of business orders, but drivers weren't equipped to handle it. That basically allowed me to start a delivery business instead of working as a contractor for the big apps or local delivery services. It's lower now though because we recently lost our biggest partnership with a major catering delivery company. AdvertisementAnd so the best thing about it is that I don't have drivers confronting restaurants about tips, I don't have drivers confronting clients begging for tips.
Persons: Moumita Urias, Roy, URATX, we've, we're, there's Organizations: Service, Business, Amazon Flex Locations: Austin, Urias, Canada, we're, Texas, Arizona, Russian
Sometimes events are simply fantasy themed, without reference to specific books or fantasy worlds. Dreams shattered.”She attributes the growing demand for fantasy events to the commercial success of fantasy romance books, especially among Millennial women. The past year has also seen a spike in the popularity of “romantasy,” or romance fantasy books. “You know, work dredges on for a lot of people,” said Brittany Proctor, a Michigan-based entrepreneur who’s been hosting fantasy balls in the Midwest since 2022. In fact, Proctor is considering scaling back some of her events due to the sheer number of these fantasy balls that have been cropping up in recent years.
Persons: San Diego Comic Con, Con, Harry Potter, , Katherine Stinson, Eric Atticus, Stinson, Dana John, , she’s, Alexander Chernev, Matt Harris, Sarah J, Maas, Patti McConville, Juliette Sureau, Sureau, Sophie Valfroy, “ romantasy ”, “ They’re, ” Juliette Sureau, Shaun Wada, Ariana Smoak Holly Simone, Tok, Simone, Shawn Strider, ” Stinson, Brittany Proctor, who’s, ” Maja Djikic, you’re, ” Djikic, Proctor, “ I’ve, I’m Organizations: New, New York CNN, Social, Allied, Research, Disney, Universal, San Diego Comic, TikTok, CNN, Stinson, Northwestern’s Kellogg School of Management, Barnes, Noble Booksellers, Times, Google, , University of Toronto Locations: New York, Canada, Houston, Houston , Texas, Texas, New York City, USA, TikTok, Columbia , South Carolina, London, Los Angeles, Michigan, , Bahamas
An Alaska Airlines passenger tried three times to access the cockpit, an affidavit says. Flight attendants blocked the door with a beverage cart, it adds. AdvertisementAn Alaska Airlines cabin crew blocked the cockpit with a beverage cart to stop a passenger from accessing the flight deck, an affidavit states. AdvertisementIt adds that when a flight attendant asked why he was trying to get into the cockpit, Jones replied he "was testing them." The flight deck was locked down for the rest of the flight, and one flight attendant stayed with the beverage cart blocking the cockpit door, per the affidavit.
Persons: , Nathan Jones, who's, Jones Organizations: Alaska Airlines, Service, Business, Transportation Security Administration Locations: Alaska, San Diego, Washington
A 19-year-old student pilot from Northern Virginia who tried repeatedly to enter the cockpit of an Alaska Airlines flight from California to Virginia earlier this month is facing a federal charge of interfering with a flight crew, according to court documents. The man, Nathan Jones, was traveling on Alaska Airlines Flight 322 from San Diego International Airport to Washington Dulles International Airport on March 3 when he “interfered and intimidated flight crew members and attendants,” according to an affidavit filed the next day in the District Court for the Eastern District of Virginia. His lawyer filed a motion this week arguing that Mr. Jones might not be mentally fit to stand trial. The affidavit said that Mr. Jones, a passenger in seat 6E, tried three times to go to the front of the plane and “open the aircraft’s cockpit door.” Flight attendants asked for assistance from off-duty law enforcement officers, who restrained Mr. Jones in flex cuffs and sat on either side of him for the rest of the flight.
Persons: Nathan Jones, , Jones Organizations: Alaska Airlines, San Diego International Airport, Washington Dulles International Airport, Court, Eastern, of Locations: Northern Virginia, California, Virginia, Washington, of Virginia
CNN —A passenger on an Alaska Airlines flight this month repeatedly tried to open the cockpit door, prompting flight attendants to barricade the door and have the man restrained until landing, court documents filed in federal court allege. Jones got up from his seat several times during the flight and made three attempts to go to the front of the plane and open the cockpit door, an air marshal wrote in an affidavit. When a flight attendant asked why he tried to access the cockpit, Jones replied that he “was testing them,” the affidavit reads. The cockpit was locked down and barricaded with a beverage cart for the remainder of the flight, according to the affidavit. The passenger had tried to access the cockpit in a “nonviolent manner” and “appeared confused,” Alaska Airlines said on Wednesday.
Persons: Nathan Jones, Jones, , Robert Jenkins, ” Jenkins, Anne Zalewski, CNN’s Elizabeth Wolfe Organizations: CNN, Alaska Airlines, Dulles International, Federal Aviation Administration, FAA, United Airlines Locations: San Diego, Virginia, Alaska, Alexandria , Virginia
Even Republican House lawmakers, the group that is arguably the most pro-Trump in Congress, defied their de facto leader, who now opposes the bill. There's a lot of good and there's a lot of bad with TikTok. Congressional Republicans have defied Trump before. Even Republican voters have at times defied Trump. The former president has been especially effective in his targeted campaign against the 10 House Republicans who voted to impeach him for inciting the insurrection.
Persons: Donald Trump, Trump, Lara Trump, Wednesday's, TikTok, Jeff Yass, Tom Emmer's speakership, Jim Jordan, Joe Biden, Mitch McConnell, Mike DeWine, Rob Portman, Sen, Sherrod Brown Organizations: Service, Republican Party, Republican National Committee, Republican, Trump, Biden, Chinese Communist Party, CNBC, Facebook, Congressional, GOP, week's Ohio GOP, Ohio Gov, Democrat, Republicans Locations: Congress, ByteDance, Beijing, Yass, week's Ohio
Ryan Gosling stole the show at the Oscars on Sunday with his performance of "I'm Just Ken." He shared moments with his "Barbie" costars, director Greta Gerwig, and longtime friend Emma Stone. Gosling told Business Insider it was fun reuniting with Stone: "I'll work with her any chance I get." Gosing's rendition of the Oscar-nominated "Barbie" song brought down the house, but one detail in particular had fans excited: his reunion with former costar Emma Stone. During the performance, Gosling also shared moments with "Barbie" director Greta Gerwig and his costars Margot Robbie and America Ferrera.
Persons: Ryan Gosling, I'm, Ken, costars, Greta Gerwig, Emma Stone, Gosling, Stone, , Oscar, Barbie, Guy, Margot Robbie, Mandy Moore, Robbie, Gerwig, Ferrera, Emma, Moore, She's, You've, Variety, Ryan, Colt Seavers Organizations: Service, SXSW, TV, America, Hollywood Locations: La
The Trump administration used delegated authorities under three trade laws to unilaterally levy tariffs without Congressional approval. The Trump administration tariffs kickstarted a shift in supply chain strategy which, according to Frank, became more well-developed by customers during Covid, when they contemplated moving factories and production out of China. He expects any increase in tariffs during a second Trump presidency to lead to a greater shift in trade from China to Mexico to avoid the tariffs. "If you charge tariffs to China, they're going to build ... their car plants here and they're going to employ our people," Trump said. S&P Global research shows that China's share of the imports of products covered by tariffs imposed by the Trump administration has dropped.
Persons: Donald Trump, Trump, Niki Frank, Frank, Beth Whited, they'd, Paul Brashier, Chris Rogers, Biden, Rogers, Jon Gold, John Taylor IV, Taylor, Peter Boockvar, Critics, it's, that's Organizations: United, Canada Trade, White, CNBC, Global, Trump, China, Biden, OF DHL, Union, Canadian Pacific, Canadian Pacific Kansas City, Union Pacific, ITS Logistics, P Global, Vietnam, National Retail Federation, Berlin Packaging, Trade, Bleakley Financial, ASEAN Locations: United States, Mexico, Canada, Washington , DC, U.S, OF DHL Asia, Long Beach , California, China, Union Pacific, Canadian Pacific Kansas, East, West, Vietnam, Malaysia, South Korea, CNBC Mexico, Europe, Thailand, Indonesia
AdvertisementFlexibility can be an illusionMost single parents with whom BI spoke said they valued the flexibility gig work gives them. Some single parents with disabilities said being able to take days off has helped them stay healthier and avoid burnout. This means that a higher percentage of single parents' earnings goes toward childcare costs, pushing some away from using childcare entirely. "These fluctuations and discrepancies can be devastating to individuals who don't have other mechanisms to make money, including single parents who are often operating on a single income," Greening said. AdvertisementIt's not easy for parents with older childrenThe issues single parents face still linger for those with older children.
Persons: Bri, Uber, Dara Khosrowshahi, Lyft, Uber hasn't, Susan, she's, Lindsey Cameron, Cameron, Cindy Lehnhoff, Lehnhoff, Bryant Greening, Greening, Starla, She's, Genesis, Paul, he's, It's humbling Organizations: Service, DoorDash, Walmart, Business, Wharton School, National Child Care Association, BI, Uber, Security Disability Insurance, Arizona State University Locations: Fort Worth , Texas, Grubhub, bam, Ohio, Jacksonville , Florida, Atlanta, Las Vegas
He did include a brief plea for Haley voters to back him, but he also insulted some of them. But the reality is simple: The former president will need Haley's voters come November. The Washington Post cited Quinnipiac University, which found that while a large portion of Republican and Republican-leaning Haley voters would back Trump, 37% would vote for Biden. Regardless, the GOP primary showed how Trump continues to struggle in suburban areas that often have more educated voters. Haley might have had key policy differences with Trump on foreign policy, such as supporting Ukraine and reassuring North Atlantic Treaty Organization allies.
Persons: Donald Trump, MAGA, Nikki Haley, Trump, Haley, Biden, Nikki Haley's, Grover Cleveland, It's, Trump's, she's, it's, Margaret Thatcher Organizations: Service, Republican, ABC News, Trump, GOP, Washington Post, Quinnipiac University, Republicans, CBS, Treaty Organization, Trump Cabinet Locations: Vermont, Republican, Ukraine
Opinion | Inside America’s Shadow War With Iran
  + stars: | 2024-03-05 | by ( Thomas L. Friedman | ) www.nytimes.com   time to read: +1 min
You could hold a friendly regatta in the Taiwan Straits compared to where I just visited. I spent two days last week hopscotching in a CH-47 Chinook helicopter among seven U.S. military bases in western Jordan and eastern Syria with America’s senior Middle East Centcom commander, Gen. Michael Kurilla. What you have, instead, is the other Middle East war that began shortly after the tragic Israel-Hamas war that broke out on Oct. 7. They have learned to arm, build, adapt and deploy some of the most sophisticated precision weaponry in the world. That weaponry, provided by Iran, can hit a three-foot-wide target 500 miles away.
Persons: It’s, Michael Kurilla Organizations: Chinese Navy, Air Force, U.S . Navy, America’s, East, ISIS, U.S Locations: Taiwan, China, Jordan, Syria, Israel, Iran, Iraq, U.S, Gulf of Aden, Yemen
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"If you can afford it, why wouldn't you fly in your favorite artist to perform your favorite songs rather than simply listening to covers?" He had Beyoncé perform at a celebration for his daughter's 2018 wedding, and the next year had The Chainsmokers and Chris Martin at his elder son's wedding festivities. "Generally speaking, you will never beat the thrill of having a major artist perform at your wedding. That means stars may be more amenable to playing at a wedding or corporate party than previously.
Persons: Rihanna, Anant Ambani, Radhika Merchant, , Bill Gates, Mark Zuckerberg, Ivanka Trump, India's, Mukesh Ambani, hasn't, Stuart McNeill, Craig David, Elton John, Nile Rodgers, Lady Gaga, Flo Rida, Sting, Andrea Bocelli, Kardashian, Chris Martin, it's, Ambani, Beyoncé, Alison Laesser, Alison Bryan, Keck, Usher, you'd, McNeill Organizations: Service, Business, Knightsbridge, Davos, Keck, Spotify, Apple, Forbes Locations: Gujarat, India, Baden, Chicago, New York, Dubai
But Dodge CEO Tim Kuniskis said there were hints that a gas version would live on. Dodge claims the high-performance electric version is world's quickest and most powerful muscle car. The new gas-powered Charger Sixpack will look similar to the electric versions and be powered by a new 3-liter six-cylinder engine with two turbochargers. With federal tax incentives on electric vehicles, there likely will be very attractive lease payments that could sway some buyers, he said. People need choices,” he said, adding that the company could be criticized if it didn't build electric versions.
Persons: Dodge, Stellantis, Tim Kuniskis, , Kuniskis, he's, Organizations: DETROIT, Chargers, NASCAR raceway Locations: Windsor , Ontario, Florida, U.S
Meta's chief technology officer, Andrew Bosworth, is a big fan of his Mercedes AMG EQS. More recently, he drove a Honda Accord for 10 years and then a Tesla Model S for another decade, Bosworth said. His Tesla Model S, Bosworth said, "had a thing happen to it while it was parked." AdvertisementSpringing for a Mercedes AMG EQS isn't cheap: The 2023 luxury sedan has a retail price of $147,550. The interior of the Mercedes AMG EQS.
Persons: Andrew Bosworth, Mercedes AMG, Bosworth, EQS, , Mercedes, Getty Mercedes Organizations: Mercedes, Benz, Service, Getty, Honda Accord, Tesla
Final Trades: Google, Wabtec, Flex LNG and QQQ
  + stars: | 2024-02-28 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Google, Wabtec, Flex LNG and QQQToday’s ‘Halftime Report’ Investment Committee, Jenny Harrington, Kari Firestone, Joe Terranova and Steve Weiss give their top picks to watch for the second half.
Persons: Today’s, Jenny Harrington, Kari Firestone, Joe Terranova, Steve Weiss Organizations: Google, Flex LNG, Investment
When the ‘tradwife’ lifestyle leads to divorce
  + stars: | 2024-02-27 | by ( Taylor Nicioli | ) edition.cnn.com   time to read: +12 min
Enitza Templeton of Littleton, Colorado, embodied the tradwife lifestyle for 10 years. Like any relationship, the tradwife arrangement does not always make for a happy couple with no family issues. How to live a happy ‘tradwife’ lifestyleAlexia Delarosa currently lives the traditional wife lifestyle. Delarosa currently and happily embodies the traditional lifestyle — her husband works, while she stays home with the kids. Since then, Templeton has made several videos answering questions about the tradwife life and how she left it, while her podcast focuses on advice for single mothers.
Persons: Enitza Templeton, , ” Templeton, , Templeton, Tradwife influencers, Christine Borzumato, “ It’s, Suzanne Degges, White, I’m, … You’re, Gainey, , Kelly Campbell, Campbell, influencers, Alexia Delarosa, Delarosa, ” Delarosa, that’s Organizations: CNN, Sporting, Elon University, Northern, Northern Illinois University’s, California State University, TikTok Locations: Littleton , Colorado, North Carolina, Northern Illinois, DeKalb , Illinois, San Bernardino
Starla, a single mother, is struggling to make ends meet driving for Uber Eats and Amazon Flex. Gig driving is a popular income source for single parents, but earnings are inconsistent and often low. AdvertisementStarla, 27, sometimes has to drive 16 hours a day for Uber Eats to make ends meet as a single mother raising an eight-year-old in Jacksonville, Florida. It’s super discouraging, but you have to do what you have to do.”Driving for Uber Eats and Amazon FlexStarla began driving for Uber Eats and Amazon Flex two years ago. She couldn’t immediately find another job, so she tried to figure out some strategies to make gig driving work for her.
Persons: Uber, Starla, , she’s, ” Starla, Lyft, , ’ ” Starla, couldn’t, “ Uber, , ’ it’s, She’s, “ I’m Organizations: Service, Business, Flex, , Walmart Locations: Jacksonville , Florida
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