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☆ This scientist who worked for Jeff Bezos and Bill Gates is now a VC funding other 'mad scientists'
▼ + stars: | 2024-07-23 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +5 min

And while he wants to tackle the world's biggest problems such as waste, impact isn't Deep Future's sole priority. Related storiesIn some ways, Deep Future's mission harkens back to Silicon Valley's roots, he said. As for Deep Future's investments, the challenge is whether the technology can be built and made cost-effective, ideally within its investment horizon of 10 years. One of Deep Future's portfolio companies, Descycle, is developing non-toxic chemicals to separate gold in electronics in landfills. Getting investors on board with mad scientistsWith Deep Future's niche, getting investors' attention has been easy, Holman said.

Persons: —, Pablos Holman, Jeff Bezos's, Bill Gates, Michael Reid, Holman didn't, Holman, Matt Mullenweg, that's, Alfred Steiner, I'm Organizations: Service, Origin, Ventures Laboratory, Business, Investors, WordPress

☆ The UK says it conducted a 'groundbreaking' trial of a laser beam weapon that can neutralize targets for $0.12 a shot
▼ + stars: | 2024-07-23 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

The UK said it test-fired a laser beam weapon in a "groundbreaking" trial. The Ministry of Defence said it could neutralize targets for just $0.12 a shot. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe UK says it test-fired a laser beam weapon that can track and take down multiple targets for just $0.12 a shot. In a press release on Monday, the UK's Ministry of Defence said the laser energy weapon, mounted on an armored vehicle, was able to neutralize targets more than a kilometer, or 0.6 miles, away.

Persons: — Organizations: Ministry of Defence, Service, UK's Ministry of Defence, Business Locations: England

☆ Eliud Kipchoge: The two-hour marathon man eyes unprecedented Olympic glory
▼ + stars: | 2024-07-22 | by ( Sean Coppack | ) edition.cnn.com time to read: +7 min

This is what Olympic preparation looks like for arguably the greatest distance runner of all time, Eliud Kipchoge. The run concludes 30 kilometers later, back where it began, at the training camp where the 39-year-old is gearing up for what could be his final bow on the Olympic stage. Kipchoge (left) prepares for a pre-dawn run with a member of his training team. Courtesy NN Running TeamThe 39-year-old would become the oldest male marathon winner at the Olympics, should he succeed in Paris. “I want to be remembered by making this world a running world,” he says.

Persons: Eliud, Kipchoge, Rocky Balboa, Ivan Drago, “, Grace, he’s, “ It’s, ” Kipchoge, NNRunningTeam.com, ”, Patrick Sang, Faith Kipyegon, ” Eliud Kipchoge, 40.2sec, Herbert Neubauer, Eliud Kipchoge Organizations: Kenya CNN —, Paris, Global Sports Communication, CNN, Getty, ”, Games, Oxford Union Locations: Kaptagat, Kenya, Paris, Vienna, Austria

☆ I live in Lithuania, the happiest place on earth for under 30s. As a very happy 28-year-old, here's what it's like.
▼ + stars: | 2024-07-17 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with a digital marketer Aivaras Vilutis, about being a 28-year-old living in Vilnius, Lithuania. I've lived here most of my adult life. Vilnius is an affordable location for young peopleWhile working in Vilnius, I've earned more than my parents did in their small town. I prefer Vilnius to other places I've lived as a young personI love my country. I don't think people in old age would classify Lithuania as one of the happiest places in the world.

Persons: —, Aivaras, I've, I'd, didn't, We're, I'm Organizations: Service, Business, NASA, Nord Security Locations: Vilnius, Lithuania, Lithuanian, neurophysics, America, Kaunas, Klaipėda, Western Europe, Eastern Europe, Italy, it's, Soviet, Portugal

View at Amazon What we like Check mark icon A check mark. Ability to review identified obstacles after cleaningCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at AmazonThe best Amazon Prime Day robot vacuum dealsAutomate your floor cleaning with one of the best robot vacuums. They're lightweight, and many of today's best cordless vacuum cleaners can rival even the most powerful uprights.

Persons: Dyson, Bissell, Miele, vacuums we've, We've, you've, vacuums, they've, iRobot, Roomba, we've, Decker, Smart, OmniForce Organizations: Business, Amazon, Samsung, Hoover, Prime, Kenmore, Dyson, Upright, Shark, Amazon LG, LG, Amazon Prime, nab, BISSELL Locations: iRobot, Eureka

☆ South Korea plans to roll out 'Star Wars' laser weapon to melt North Korean drones for just $1.50 a hit
▼ + stars: | 2024-07-13 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

South Korea plans to deploy a low-cost laser weapon to shoot down North Korean drones. Interest in laser weapons has increased in recent years due to their cheap operating cost and accuracy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSouth Korea is set to deploy a low-cost laser weapon that can melt North Korean drones, the country's arms agency said earlier this week. The weapon, known as Block-I, will cost around 2,000 South Korean won ($1.45) a shot and "is capable of precise strikes against small unmanned aerial vehicles," according to South Korea's Defense Acquisition Program Administration (DAPA).

Persons: — Organizations: Service, South Korean, Korea's, Administration, Business Locations: Korea

☆ They fell in love on vacation but went their separate ways. Four years later, he called her out of the blue
▼ + stars: | 2024-07-12 | by ( Francesca Street | ) edition.cnn.com time to read: +16 min

“When he gave me his card, he didn’t really have time to talk to me because he had to catch the bus. Susan and Tom GiulianiFor Susan and Tom, timing seemed to have finally aligned. “He arranged for the ring to be put on top of my dessert after dinner at the castle,” recalls Susan. Susan and Tom GiulianiToday, Susan and Tom are retired and living in New Jersey, focused on family and travels. They can’t imagine a world in which they didn’t cross paths in Ireland, didn’t spot one another in JFK airport, didn’t reconnect four years later.

Persons: they’d, Tom Giuliani, Susan Hall, Tom, Susan, Sue, ”, Susan didn’t, “, –, Ireland Tom, I’d, Tom –, ” Susan, Durty, Tom chatted, ” Tom, he’d, we’ll, “ I’ll, I’ll, didn’t, Tom couldn’t, ’ ”, ” Susan –, she’d, Susan hesitated, Susan –, who’d, Tom – she’d, He’s, ” “, they're, ’, Marvin Gaye, Susan Giuliani –, Evan, Paige, Nelly’s, Susan couldn’t, They’re, they’ll, Instagram, Susan …, you’re Organizations: CNN, CNN Travel, “, Dublin Airport, Shannon, JFK, ” Locations: Ireland, Dromoland , County Clare, Ireland’s, Bunratty, County Clare, Europe, sips, American, ”, Dublin, JFK, New York, Pennsylvania, New Jersey, Irish, London, Scotland, Culcreuch, Loch Lomond, Las Vegas

☆ South Korea to mass produce lasers that can take out drones at $1.50 a hit
▼ + stars: | 2024-07-11 | by ( Yoonjung Seo | Brad Lendon | ) edition.cnn.com time to read: +3 min

Seoul, South Korea CNN —South Korea is beginning the mass production of a low-cost laser weapon that has successfully shot down small drones during testing, the country’s key arms agency said Thursday. The release did not give a cost for the weapon, but said each shot fired would only cost about $1.50. In Ukraine, the Middle East and elsewhere, small drones - some available off the shelf - have shown the ability to disable or destroy multimillion-dollar pieces of military hardware, including tanks. The agency said South Korea is the first country to publicly acknowledge it will deploy a mass-produced laser weapon. In 2022, the US Navy successfully tested a high-energy laser system against a target representing a cruise missile.

Persons: DAPA, ” James Black, ” Organizations: South Korea CNN, Korea’s, Administration, RAND, Korea Institute for Defense, Hanwha Aerospace, US Navy Locations: Seoul, South Korea, Ukraine, RAND Europe, Britain

☆ Here's the immigration firm that is helping "extraordinary" AI engineers qualify for an H-1B alternative visa
▼ + stars: | 2024-07-11 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +7 min

The US issues just 140,000 employment-based visas and 85,000 H-1B visas a year. The O-1 visa has eight criteria; applicants must meet three out of eight to qualify. "A lot of it is a storytelling exercise about yourself to meet the criteria of the O-1," Wehden said. AdvertisementGabriel Petersson, a Midjourney engineer and high school dropout, initially considered an H-1B visa before realizing it required a college degree. While 85% of the company's petitions have been for O-1 visas thus far, it also supports green card applications.

Persons: —, Joe Biden, Donald Trump, Lisa Wehden, Wehden, Lisa, Justin Bieber, Plymouth's, Gabriel Petersson, Petersson, Minn Kim Organizations: Service, Plymouth, Business, Immigrants, Microsoft, Nvidia, Google, Immigration, Employers, O1, Institute for Progress, Schmidt, Emergent Ventures, Talent Mobility Fund Locations: Plymouth, America

☆ Ex-Sen. Jim Inhofe has died, McConnell says
▼ + stars: | 2024-07-09 | by ( Ted | ) edition.cnn.com time to read: +1 min

CNN —Former US Sen. Jim Inhofe, a former chairman of the Senate Armed Services Committee who was one of the most vocal climate change deniers in the US Senate, has died, Senate Minority Leader Mitch McConnell announced on Tuesday. Inhofe, 89, served in the US Senate from 1994 until he retired in 2023. “The people he served, a group much larger than the proud residents of the Sooner State, were better for it,” McConnell said in a statement. His relentless advocacy for American energy dominance unlocked new prosperity across the country. “If we wanted the government to work for the people, not against the people, it was up to us to make a change,” Inhofe said at the time.

Persons: Former US Sen, Jim Inhofe, Mitch McConnell, ” McConnell, “, Inhofe, ”, –, Senate –, ” Inhofe Organizations: CNN, Former US, Senate Armed Services Committee, Senate, Sooner State, Heartland, Republican, Senate Environment, Public, Tulsa, US Locations: Inhofe

☆ EV stocks are showing major signs of life
▼ + stars: | 2024-07-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Electric-vehicle stocks have surged as second-quarter deliveries beat Wall Street estimates. Tesla stock is vying for a 10-day win streak on Tuesday with the rally delivering a 40% gain. AdvertisementElectric-vehicle stocks are showing major signs of life after second-quarter deliveries proved to be better than Wall Street estimates. At its low in April, Tesla stock was down 43% this year. AdvertisementRivian stock has soared 31% since Volkswagen announced a major multi-billion dollar investment in the EV truck company late last month.

Persons: —, Tesla, Rivian Organizations: Service, Wall, Volkswagen, EV, Lucid

☆ 5 hot spots where San Francisco's startup founders, VCs, and tech workers hang out
▼ + stars: | 2024-07-08 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +8 min

Here are five "third places" where San Francisco's founders, VCs, and tech workers are gathering. GroundfloorGroundfloor Sri MuppidiFounded in 2021, Groundfloor is a brightly lit community space located in the heart of San Francisco's Mission neighborhood. The space also doubles as a social space. AdvertisementThe Center SFThe Center SF The Center SFThe Center SF is a community hub located in a large Victorian house. The community space is funded entirely by donations.

Persons: —, Francisco, Ray Oldenburg, Sean Ang, Ang, Elizabeth Young, Max Wolff, they've, Zack Wexler, San Francisco Baybay Organizations: Service, Tech, San Francisco, Business, Groundfloor, Club, San, San Francisco Standard, Visitors Locations: San, Hayes Valley, Muppidi, Francisco's, Groundfloor, San Francisco

☆ Opinion: Kamala Harris and Gretchen Whitmer could make a winning ticket for Democrats
▼ + stars: | 2024-07-05 | by ( Julian Zelizer | ) edition.cnn.com time to read: +6 min

Not only would a ticket with Kamala Harris as president and Michigan Gov. Both Harris and Whitmer have been passionate and effective champions of what could be the defining issue in 2024: reproductive rights. Finally, both Harris and Whitmer were once prosecutors, and their ticket would create a ready-made television spot: the law-and-order prosecutors versus the convicted felon. In addition, both Harris and Whitmer could use their laser-like prosecutorial skills to combat Trump’s endless exaggerations, false claims, and disinformation. Do Harris and Whitmer reflect our values, or does Donald Trump?

Persons: Julian Zelizer, ”, Joe Biden, Donald Trump, Kamala Harris, Gretchen Whitmer, David Axelrod, Hillary Clinton, Harris, Whitmer, Trump, Roe, Wade, Gen Xers, Bill Clinton, Al Gore, George H.W, Bush, Dan Quayle, Biden, Ronald Reagan Organizations: CNN, Princeton University, Twitter, Michigan Gov, Democratic, Trump, “ Voters, Republican, Supreme Locations: mobilizers, California, United States

☆ A scene of humans hunting a pig painted in an Indonesian cave is oldest known narrative art
▼ + stars: | 2024-07-04 | by ( Katie Hunt | Lex Harvey | ) edition.cnn.com time to read: +6 min

The paintings are older than Europe’s famed cave art such as Lascaux in France, and, while younger than some geometric abstract art found in South Africa, it’s the oldest of a narrative scene, the authors of the study said. The cave art discoveries have challenged a longstanding belief that artistic expression — and the cognitive leap that fired up the human imagination — began in Europe. BRIN Google Arts & CultureEvolution of dating techniquesDating cave art is often difficult if the work is made with mineral pigments such as ocher or manganese rather than biological materials such as carbon. The study’s dating of the cave art is robust, but it’s “a leap of faith” to suggest that the figurative art was narrative in scope, said Paul Pettitt, a professor of archaeology at Durham University in the United Kingdom. It’s also unclear why so much cave art has been found in this region of Indonesia, Aubert said, but he and his team expected to find more.

Persons: “, ”, Maxime Aubert, ” , Adam Brumm, —, Renaud Joannes, Boyau, Joannes, Aubert —, Aubert, Nowell, wasn’t, it’s, Paul Pettitt, Dominic Julian, BRIN, Pettitt, It’s, sapiens Organizations: CNN, Griffith, for Social, Research, Australia’s Griffith University, BRIN Google Arts &, Southern Cross University, University of Victoria, Durham University, BRIN Google Locations: South Sulawesi, France, South Africa, Australia, Sulawesi, ”, Europe, Indonesia, archaeogeochemistry, Canada, United Kingdom, Africa

☆ Here's how much it cost this Swiftie to chase his idol across 4 countries and 10 shows
▼ + stars: | 2024-07-02 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

He added that he lived vicariously through Swift's music in his formative years. $230 on Eras Tour merchHe spent about $230 on official Eras Tour souvenirs, which included two t-shirts, one hoodie, and one crewneck sweater. Swifties are shelling out big time for the Eras TourJailani is not the only one willing to spend big bucks for the Eras Tour. A report by research company QuestionPro found that Swifties were spending $1,300 on average to attend the Eras Tour. According to Rolling Stone, a 27-year-old fan visited the Eras Tour 20 times across North America.

Persons: —, Daniel Jailani, Taylor Swift, Jailani, Swift, Daniel Jailani Jailani, QuestionPro, Rolling Organizations: Service, Business, Wembley, —, Singapore Coldplay, Singapore Airlines, Swift's, Tourist Italy, BMI, Fitch Solutions Locations: Singapore, Australia, France, United Kingdom, He's, London, Melbourne, Lyon, Paris, Here's, North America, Europe, Milan, Italian, Portugal, Spain, Swiftonomics, Canada

☆ Opinion: The most despicable things Trump said at the debate
▼ + stars: | 2024-06-30 | by ( Dean Obeidallah | ) edition.cnn.com time to read: +6 min

He’s a Palestinian now.” The remark presumably meant to suggest that Schumer, who is Jewish, is somehow not supportive enough of Israel. Supporters hold up signs at former President Donald Trump's campaign rally in Virginia on June 28, 2024, one day after his historic debate against President Joe Biden. Some correctly noted that Trump revealed his view that Black Americans are relegated to working in low-paying, menial jobs that anyone could fill. Rep. James Clyburn, a Democrat from South Carolina, speaking Sunday on CNN’s State of the Union, noted that Trump’s “Black jobs” remark shows that Trump has “a low opinion of Black people.” But that’s nothing new, Clyburn added. The only question is whether enough Americans will reject Trump’s vileness to ensure that he never gets there again.

Persons: Dean Obeidallah, we’ve, Joe Biden, Donald Trump, Biden, Trump, “, Israel, ”, Benjamin Netanyahu’s, Biden “, Chuck Schumer, “ He’s, He’s, Schumer, Donald Trump's, Jim Watson, Netanyahu, James Clyburn, ” Derrick Johnson, Trump’s, he’s Organizations: CNN, Democratic, Dean Obeidallah CNN, United Nations, demonizing, Getty, State Department, Gaza Health Ministry, Republican, US State Department, CNN’s, Union, NAACP, Biden, ” Locations: Gaza, Palestinian, Virginia, Israel, AFP, South Carolina, CNN’s State

☆ Peleliu: US Marine Corps rebuilds runway on site of ‘nightmare’ World War II battle
▼ + stars: | 2024-06-30 | by ( Brad Lendon | ) edition.cnn.com time to read: +7 min

The Marines named the rebuilt landing strip the “Sledge” runway in honor of a veteran of the Peleliu battle, Pfc. The United States must recapitalize islands gained during World War II to form a Second Island Chain of strategic expeditionary points,” Georgulis wrote. For Washington, establishing strong ties to Pacific island states is also seen as a way to keep China from gaining footholds in the region. Along with the runway, US Marines are helping make improvements to the Peleliu Civic Center Museum, to house artifacts from the World War II battle. At an event last month marking the landing of the Marine aircraft on Peleliu, island Gov.

Persons: weren’t, Eugene Sledge, Corbis, Sledge, Grant Georgulis, ” Georgulis, Xi Jinping, Biden, Palauans, Carlos Del Toro, Del Toro, Surangel Whipps, Emais Roberts, ” Organizations: CNN, Marine Corps, Marines, KC, Heritage Command, 1st Marine Regiment, HBO, ” Troops, First Marine Division, Pentagon, “, US Air Force, US Defense Department, Marshall, Xinhua, US Coast Guard, US, Palau, Peleliu Civic Center Museum, Marine, Gov Locations: Peleliu, China, Palau, Okinawa, ”, Beijing, Japan, Philippines, United States, Marianas, Guam, China’s, Yap, Federated States, Micronesia, Pacific, Washington, Papua New Guinea, Solomon Islands, Palau’s, Koror, South Korea, Taiwan

☆ I'm a single mother who just graduated with a master's degree. My two toddlers helped me survive the chaos.
▼ + stars: | 2024-06-26 | by ( Ke'Yonna Hall | ) www.businessinsider.com time to read: +4 min

I would have never guessed that being single, juggling my career, graduate school, and parenting two toddlers would be stamped on my bingo card. As a single mom of two, every achievement feels even sweeter. Graduating with a Master's of Social Work from the University of Texas at Arlington with two toddlers feels more than a personal achievement. As a first-generation high school and college graduate, I knew obtaining another degree would be challenging. When my children napped, I scheduled work blocks to focus on work calls and client updates.

Persons: It's, we'd, Dory Organizations: Service, University of Texas Locations: Arlington

☆ Clarence Thomas' originalist interpretations go too far, even for fellow conservatives
▼ + stars: | 2024-06-23 | by ( Katherine Tangalakis-Lippert | Lloyd Lee | ) www.businessinsider.com time to read: +5 min

This story is available exclusively to Business Insider subscribers. AdvertisementLegal experts who spoke to Business Insider said Thomas's latest decision highlighted how inconsistent and even ridiculous this method of interpretation can be. The Supreme Court of 1888 decided that the Constitution was broad enough to cover inventions the Founding Fathers never dreamed of. Gross noted that he expected the outcome the Supreme Court ultimately reached, though he was surprised Justice Samuel Alito, another strict originalist, didn't join Thomas' dissent. AdvertisementRepresentatives for the Supreme Court did not respond to a request for comment from Business Insider.

Persons: —, Clarence Thomas, Thomas, Antonin Scalia, John P, Gross, wouldn't, originalists, Carolyn Shapiro, Shapiro, Amy Coney Barrett, Barrett, SCOTUS, Samuel Alito, didn't, Scalia Organizations: Service, Business, University of Wisconsin Law School, Public, originalism, Chicago, Kent College of Law's Institute, AP, CNN Locations: United States

☆ After Escaping China by Sea, a Dissident Faces His Next Act
▼ + stars: | 2024-06-23 | by ( John Yoon | ) www.nytimes.com time to read: +1 min

The dissident’s lone regret after his 200-mile escape across the Yellow Sea was not taking night vision goggles. Nearing the end of his jet ski journey out of China last summer, Kwon Pyong peered through the darkness off the South Korean coast. As he approached the shore, sea gulls appeared to bob as if floating. “I had everything — sunscreen, backup batteries, a knife to cut buoy lines,” he recalled in an interview. In response, he said, he faced an exit ban and years of detention, prison and surveillance.

Persons: Kwon, ” Organizations: Communist Party Locations: China, Korean, South Korea

☆ Russia's talking about a 6th-generation fighter jet while its Su-57 sits out the Ukraine war
▼ + stars: | 2024-06-22 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

Not coincidentally, the discussion comes as the US Air Force hints that it may drop its plan for a sixth-generation fighter, a piloted air superiority fighter that will operate with drones. But experts consider the idea of a next-generation Russian fighter to be sheer fantasy at a time when it's struggling to operate its fifth-generation stealth fighters. AdvertisementDiscussing cutting-edge aircraft seems almost surreal for Russia, whose air force has enough problems using its current warplanes in Ukraine. Russia's fifth-generation fighter, the Su-57, has been conspicuous by its absence in Ukraine. In November 2023, a senior Russian aviation official said that no decision had been made as to whether a sixth-generation fighter would be manned or unmanned.

Persons: it's, Pavel Luzin, Evgeny Fedosov, Russia's, —, Russia wasn't, Sergei Korotkov, Fedosov, Michael Peck Organizations: Service, US Air Force, State Research Institute of Aviation Systems, TASS, America, Army, United Aircraft Corporation, Moscow Institute, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russian, Russia, Ukrainian, China, Forbes

☆ The Supreme Court’s approach on ‘history and tradition’ is irking Amy Coney Barrett
▼ + stars: | 2024-06-19 | by ( Devan Cole | John Fritze | ) edition.cnn.com time to read: +10 min

Though Justice Clarence Thomas’ decision in a major trademark case last week was unanimous, it prompted a sharp debate led by Justice Amy Coney Barrett over the use of history to decide the case. “There definitely is the potential formation here of an alternative or several alternative approaches to history that ultimately draw a majority,” Wolf said. “What we could be seeing is a more nuanced approach to using that history,” said Elizabeth Wydra, president of the progressive Constitutional Accountability Center. But in a striking concurrence that captured support from both liberal and conservative justices, Justice Elena Kagan asserted that the court’s historic analysis need not end with the late-18th century. Barrett’s concurrence said the dispute could have been dealt with based on the court’s past precedent with trademark law and stressed that just leaning on the nation’s trademark history wasn’t good enough.

Persons: Clarence Thomas ’, Amy Coney Barrett, Barrett, Thomas, “, ”, Tom Wolf, Brennan, ” Wolf, Trump, Thomas ’, Antonin Scalia, Elizabeth Wydra, ” Wydra, Ilya Somin, there’s, Bruen, Sonia Sotomayor, … Bruen, –, Elena Kagan, Kagan, Brett Kavanaugh, Sotomayor –, Wolf, Roe, Wade, Vidal, . Elster, Sotomayor, ” Thomas, Kavanaugh, John Roberts, Samuel Alito, Neil Gorsuch, Ketanji Brown Jackson, Barrett’s Organizations: Washington CNN, Brennan Center for Justice, New York, Trump, George Mason University, “, Inc, CNN, Consumer Financial Protection Bureau Locations: New, Bruen, United States

☆ Andy Sieg Could Be Citi's Next CEO If He Can Fix a Broken Wealth Business
▼ + stars: | 2024-06-17 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +23 min

Andy Sieg shocked the finance industry last spring when he left Merrill Wealth Management. AdvertisementBank of America analyst Ebrahim Poonawala recently argued that Citi should consider selling the wealth business if it cannot improve its profitability. AdvertisementWhile Sieg has told Citi managing directors to manage up less, a former Merrill executive who worked under him said Sieg was adept at it. Former Citi managing directorAdvertisementVahid's position will be taken by Kris Bitterly, the global head of investment products, in September. Mirroring tactics that supercharged Merrill, Sieg has changed Citi Wealth's compensation scheme to prioritize asset gathering, to the consternation of several employees.

Persons: Andy Sieg, Kevin Crain, Sieg, Crain, Jane Fraser, Fraser, Morgan Stanley, Merrill, Smith Barney, Ebrahim Poonawala, Wells, Mike Mayo, Brian Moynihan, Alex Wong, Moynihan, Fraser isn't, Mayo, anoint, Jamie Dimon, Jennifer Piepszak, Marianne Lake, Viswas Raghavan, Jane, He'd, George H, Bush, Bill Schreyer, Merrill Lynch, Dave Komansky, David Komansky, YOSHIKAZU TSUNO, Phil, Doug, Lord Abbett, David Poole, Citi's, there's, That's, Poole, Glenn Schorr, Jim O'Donnell, O'Donnell, Sieg's, Andy Sieg's, Naz Vahid, David Bailin, Bailin, Naz, Phil Waxelbaum, Vahid, Kris, Don Plaus, Keith Glenfield, Dawn Nordberg, Edward Jones, They're, Ernst & Young, he's Organizations: Merrill Wealth Management, Business, Citi, Bank of America, Morgan, BI, Merrill, Bank, Citigroup, JPMorgan, Harvard, Penn State, JPMorgan Advisors, United Arab, Citi . Citi, Work, Citi lifer, Former Citi, North, Citi Alliance, Citi Wealth, Bloomberg, Ernst &, Citizens Bank Locations: Sieg, Wells Fargo, Merrill, Bellefonte , Pennsylvania, Poole, Singapore, United Arab Emirates, Mexico, London, Aventura , Florida, Asia, Manhattan, North America

☆ His wife had a common skin condition and tried expensive creams for over 20 years. She became 'patient zero' for his personalized skincare company — and had clear skin in a month.
▼ + stars: | 2024-06-17 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +10 min

For 20 years after getting pregnant, Cherry Jia tried everything to fade the dark patches on her face. After giving birth to her son, she had melasma, a fairly common skin discoloration caused by hormonal fluctuations during pregnancy. The treatments they sold for dark spots had no effect on her skin. Jia said Musely's top-selling products treat aging concerns like dark spots, rosacea, and hair thinning. MuselyPart of the boom comes from the desire for products that target specific skin concerns, like dark spots or wrinkles.

Persons: Musely, —, Cherry Jia, she'd, Jack Jia, Cherry, Jack Jia Jia, Marie Jhin, he'd, Jhin, Lori Bush, Kimber Maderazzo, dermatologists, Jia, Jhin . Cherry Jia's, Jack Jia's, Musely Jia, estriol, they've, isn't, it's Organizations: Healthcare, Service, Musely, Jhin, FDA, New York Times Locations: drugstores

☆ Apple analyst Kuo says new Apple Watch will include larger screen, thinner design
▼ + stars: | 2024-06-17 | by ( Katie Bartlett | ) www.cnbc.com time to read: +1 min

Apple Analyst Ming-Chi Kuo said in a blog post on Monday that the next Apple Watch will be thinner and have a larger screen. The Apple Watch Series 10 is expected to be released in September when the company typically introduces its next batch of wearables and new iPhone models. Kuo said the screen sizes on the two Apple Watch models will increase from 41 millimeters to 44 millimeters and from 45 millimeters to 49 millimeters. The watch will include components manufactured using 3D printing technology starting in the second half of the year, Kuo added. Kuo also cited the potential for the technology to be used in the production of Apple Watch cases.

Persons: Chi Kuo, Kuo Organizations: Apple, Apple Watch, Technologies Locations: China

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