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☆ I'm a matchmaker for ultrawealthy men and charge up to $350K for my services. I give all my clients the same advice.
▼ + stars: | 2024-08-23 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +8 min

Many people are shocked when I tell them my clients pay $350,000 for my matchmaking services. The service was built exclusively for accomplished professional men looking for women. My ultra-high-net-worth clients expect my undivided attentionOne commonality between most of my clients is the urgency for immediate results. When I charged less for my services, my clients engaged with me more passively but expected the same results. AdvertisementMy advice for high-earning men looking for loveThe first thing I tell high-earning men looking for love is to throw your physical type out the window.

Persons: —, Christiana Maxion, It's, I'm, I, didn't, they're, I've, they'll, that's, you've, Tess Martinelli Organizations: Service, Business, Cinqe Locations: Dubai, UAE, tmartinelli

☆ I'm quitting my job at a big tech company to travel. Hustle culture is overrated — I'm taking a year off.
▼ + stars: | 2024-08-23 | by ( Maria Noyen | ) www.businessinsider.com time to read: +6 min

Read previewThis as-told-to essay is based on a conversation and emails with Nadia Said, a 25-year-old IT project manager at a major tech company where she started working full-time in 2020. When I was in my second year at Temple University, I got the opportunity to work at my company as an intern. Nadia Said, 25, is putting her burgeoning career in tech to focus on her mental health and passion for travel. I was talking to a friend who was working at a tech company. My big fear is that when I come back, I'm going to be ready to get a job and there won't be one available for me.

Persons: —, Nadia Said, Said, Hannah Vy Nguyen, ED JONES, what's, haven't, it's, I'm, I've Organizations: Service, Business, Temple University, Google, Microsoft, Getty Locations: Asia, South Korea, Europe, India

I had been saving to buy a house, but prices in Southern California have made that unlikely. I decided to stop focusing on trying to buy a house, which means I can put more toward retirement. I'm okay knowing I might be renting for life, as it means I can streamline my finances. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Retirement Planning The best robo advisors can help you start your retirement planning journey.

Persons: —, I've, I'm, homeownership, Roth, it's, There's Organizations: Service, realtors, SoFi Locations: Southern California, Los Angeles

☆ Fed survey shows lows in employment, worries about finding work and dissatisfaction with pay
▼ + stars: | 2024-08-19 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

The thrice-yearly measure of labor activity, confidence and satisfaction reflected growing concern in July about job security and an increase in those expecting to work past typical retirement age. Similarly, those who expected to become unemployed rose to 4.4%, a 0.5 percentage point increase from a year ago and the highest in the survey's history. On wages, satisfaction with current compensation dropped to 56.7%, down more than 3 percentage points from the same period in 2023. Finally, the expected likelihood of working past age 62 nudged up to 48.3% of respondents and increased to 34.2% of those saying they expect to work past 67, an increase of more than 2 percentage points. Following their most recent meeting, Fed officials described job growth as having "moderated."

Organizations: New York Federal Reserve, Workers Locations: U.S, nonfarm

Ceasar Bacarella v. Prime HydrationThe issue: In this case, Caesar Bacarella, the Florida-based owner of a line of sports supplements and apparel called Alpha Prime and protein brownies called Prime Bites, accuses Prime of trademark infringement. Hi-Tech Pharmaceuticals v. Prime HydrationThe issue: In a trademark suit filed in June, Hi-Tech Pharmaceuticals, a Kentucky-based company, accused Prime Hydration of "unfair competition" and "infringement." What's next: Prime filed a motion to dismiss, which the judge granted on several technicalities. AdvertisementRefresco Beverages US v. Congo Brands and Prime HydrationThe issue: Refresco Beverages, a bottler for Prime, filed a lawsuit in Delaware against Prime Hydration and its parent company, Congo Brands. US Olympic & Paralympic Committee v. Prime HydrationThe issue: The Olympics committee alleges the company used various Olympic trademarks reserved for its beverage sponsor, Coca-Cola.

Persons: —, Logan, KSI, Refresco, Agrovana, Prime's, Paul, Howard Telford, Read, forbearance, What's, Castillo, Elizabeth Castillo, they're, dink, Ceasar, Caesar Bacarella, Kennedy, mislabeling, hasn't, Kevin Durant Organizations: Service, Business, Bloomberg, Agrovana, Alpha, Tech Pharmaceuticals, Nutrition, Energy, Centers for Disease Control, Refresco, Congo Brands, Google, Paralympic Locations: Massachusetts, NielsenIQ, Euromonitor, United States, California, Florida, Kentucky, New York, Delaware, Congo, Chancery, Philadelphia, Colorado

Tim Walz defends his military record. Walz defends his military recordDemocratic vice presidential nominee Tim Walz defended his military record during his first solo event on the campaign trail. Vance asserted Walz misrepresented his military record; Walz said he misspoke. Ernesto expected to strengthen into a hurricaneTropical Storm Ernesto on Aug. 13, 2024. Staff Pick: Laci Peterson case back in the spotlightLaci Peterson and Scott Peterson in an undated photo.

Persons: Tim Walz, Walz, ”, Sen, JD Vance, Vance, Donald Trump, Joe Biden, nudging Trump, Chuck Todd, Kamala Harris, Ernesto, Ilhan Omar, Minnesota, Eric Hovde, Democratic Sen, Tammy Baldwin, Laci Peterson, Scott Peterson, Peterson, — Chelsea Stahl, Benjamin Netanyahu, Elvis Presley’s, Elizabeth Robinson Organizations: Labor Statistics, Federal Reserve, Democratic, Minnesota, NBC, Trump, GOP, NOAA, Getty Images Schools, NHC, U.S ., Wisconsin Republican, Senate, Modesto Police Department, Pictures, Israeli, Police Locations: Los Angeles, Ohio, Denver, Boston, Michigan, Asheville , North Carolina, Puerto Rico, Caribbean, British Virgin Islands, U.S . Virgin Islands , Puerto Rico, Vieques, Culebra, California, U.S, Ferguson , Missouri, Tennessee

Economists like to say the cure for high prices is high prices. In other words, consumers eventually start to hold back on spending when they are faced with increasing costs. On Monday, the New York Federal Reserve reported that consumers' three-year inflation outlook hit a record low. Many economists credit the Federal Reserve's decision to raise interest rates starting in the spring of 2022 with helping to curb the upswing. It is that last factor that the Federal Reserve is keenly focused on.

Persons: “, Andrew Jassy, Wells Fargo, Mark Hamrick, ” Organizations: of Labor Statistics, Federal Reserve's, New York Federal Reserve, Federal, Fed, BLS, Gallup, Federal Reserve Locations: U.S, York

☆ Cairns, Australia: Helicopter pilot in fatal DoubleTree hotel crash was ground crew who’d attended a party the night before
▼ + stars: | 2024-08-13 | by ( Hilary Whiteman | Jessie Yeung | ) edition.cnn.com time to read: +3 min

Police tape near the DoubleTree by Hilton hotel after a helicopter crashed into its roof, in Cairns, on August 12, 2024. It disappeared from her sight for a few minutes, and she started walking home before spotting the helicopter flying back. She said the helicopter had passed over trees and another taller building before hitting the roof of the hotel. In a statement to CNN, DoubleTree by Hilton Cairns said all of its guests – 421 adults and 50 children, plus two staff – were safely evacuated. The bureau asked witnesses with any photos or videos of the helicopter to contact authorities through its website.

Persons: Veronica Knight, Shane Holmes, Angus Mitchell, “, ”, Knight, Hilton Cairns, – Organizations: Australia CNN, Nautilus Aviation, Hilton Hotel, Flames, Police, Hilton, Queensland Police, Australian Transport Safety Bureau, Cairns Airport, ”, CNN, DoubleTree Locations: Brisbane, Australia, Cairns , Australia, Cairns, Queensland, Sydney

☆ I quit my job at Meta and traveled to Bali to find myself — but 2 months later, I moved back into my parents' house more confused than ever.
▼ + stars: | 2024-08-13 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a conversation with Simone Landis, a 29-year-old from San Francisco who quit her job at Meta. In the fall of 2022, I quit my job and booked a flight to Bali in pursuit of my very own Eat, Pray, Love experience. AdvertisementMy events job at Meta was tough to transition onlineI started working at Meta in the fall of 2019 within its global security department. Related storiesI quit my job and flew to BaliI quit my job at Meta in the fall of 2022, didn't renew my lease, and booked a two-month trip to Bali. Now, I'm working more hours and taking on more responsibility and creative liberties.

Persons: —, Simone Landis, It's, I'd, Bali I, I'm, it's, Tess Martinelli, tmartinelli@businessinsider.com Organizations: Service, Meta, Business Locations: San Francisco, Bali, Bay, Meta

That’s why, he said, he invested in AppHarvest, a startup that promised a high-tech future for farming and for the workers of Eastern Kentucky. Despite promising local jobs, the company eventually began contracting migrant workers from Mexico, Guatemala and other countries, numerous former employees told CNN. After about a week on the job, Vance took a meeting with AppHarvest founder Jonathan Webb, as Webb later recounted in a Fox News podcast interview. The company’s health care benefits attracted Morgan, a single father, who told CNN he took a pay cut to join the startup. Such comments ring hollow to some former AppHarvest workers, who argue Vance’s rhetoric as a candidate for vice president doesn’t align with the reality they experienced.

Persons: JD Vance, Vance, “ It’s, it’s, ” Vance, AppHarvest, Donald Trump’s, Kentuckians Vance, weren’t, ”, Anthony Morgan, “, Luke Schroeder, AppHarvest’s, JD, Jonathan Webb, Webb, Peter Thiel’s, Thiel, Steve Case, Vance “, Morgan, ” Morgan, ’ ” Anthony Morgan, Shelby Hester, Hester, ” Hester, Grist, Andrew Miller, David Attenborough, Bethany, Gary Broadbent, “ AppHarvest, Mitch McConnell, Hester’s, Mitch Smith, bigwigs, CNN AppHarvest, Martha Stewart, Broadbent, doesn’t Organizations: CNN, Fox, Republican, US Department of Labor, PayPal, AOL, Fox News, AppHarvest, Morehead State University, Workers, Kentucky’s Education, Labor Cabinet, Kentucky Center, Investigative, Kentucky Republican, Securities and Exchange Commission, Retirement Association, Senate, Republican National Convention Locations: AppHarvest, Eastern Kentucky, Kentucky, Mexico, Guatemala, Ohio, Silicon Valley, Morehead, Appalachia, gurneys, Plymouth, Massachusetts, Canada, ”

☆ Are We Thinking About the Youth Mental Health Crisis All Wrong?
▼ + stars: | 2024-08-13 | by ( Christina Caron | ) www.nytimes.com time to read: +1 min

Chloé Johnson, 22, has been feeling hopeless lately. She’s struggling to focus on classes at her local community college in Dallas while also working full-time, making $18 an hour as a receptionist. Her car broke down, so the $500 that she had managed to save will now go toward a down payment for a used vehicle. “Right now it just feels, like, very suffocating to be in this position,” said Ms. Johnson, who was diagnosed last year with bipolar II disorder, depression and A.D.H.D. “I’m not getting anywhere or making any progress.”It’s an endless loop: Ms. Johnson’s mental health has worsened because of her financial difficulties and her financial problems have grown, partly because of the cost of mental health treatment but also because her disorders have made it more difficult to earn a college degree that could lead to a more lucrative job.

Persons: Chloé Johnson, She’s, ”, Johnson, “ I’m Locations: Dallas

☆ Paris Olympics ratings soar 82% over Tokyo Games, delivering big boost to NBC’s Peacock streamer
▼ + stars: | 2024-08-13 | by ( Liam Reilly | ) edition.cnn.com time to read: +5 min

The 2024 Summer Olympics in Paris drew a combined average of 30.6 million viewers across NBCU’s constellation of platforms, marking an 82% jump in viewership compared to the Tokyo Games and making the Games the most-streamed Olympics of all time. The network’s Spanish-language broadcast on Telemundo also saw a 26% jump over the same period during the Tokyo Games three years ago. “The Olympics reestablished its unique power to reassemble the American media audience,” said Gary Zenkel, the NBC Olympics president. “NBC Nightly News” anchored by Lester Holt averaged 7.6 million viewers during the two-week period, and the “Today” show averaged 3.1 million viewers, the network said. Last month, Comcast reported the streamer had lost 500,000 subscribers in the second quarter, falling to 33 million total, well below Netflix’s 277 million subscribers and Disney’s 153.6 million.

Persons: ”, Peacock, Gary Zenkel, “, NBCU, Al Michael’s, NBCUniversal, Mark Lazarus, Lester Holt Organizations: New, New York CNN, Comcast, Tokyo Games, Telemundo, Olympics, NBC, America, USA, US, France, Netflix, Amazon Prime, Paris Games, Tokyo, Games, Warner Bros, NBA, Paris Olympics, NBCUniversal Media, “ Parks, Studios Locations: New York, Paris, “ Paris

☆ Nvidia swings again — plus, an industrial name tied to the data center boom gets an heir-apparent
▼ + stars: | 2024-08-12 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, It's, Blackwell, Nvidia's, Eaton, Paulo Ruiz, Ruiz, Craig Arnold, Arnold, We're, Stanley Black, Decker, Jim Cramer's, Jim Organizations: CNBC, Treasury, Nvidia, UBS, Club, Fed, PPI, Jim Cramer's Charitable Locations: York

Introduction to the Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Plus Credit Card is perfect for infrequent Southwest travelers who want some benefits with this airline without paying a high annual fee. Southwest Rapid Rewards® Plus Credit Card BenefitsThe Southwest Rapid Rewards® Plus Credit Card doesn't come with some of the other benefits offered by other Southwest cards, such as elite-qualifying points or travel credits. Southwest Rapid Rewards Plus Credit Card Annual Fee and Other CostsThe Southwest Rapid Rewards® Plus Credit Card, in addition to charging a $69 annual fee, also charges foreign transaction fees of 3% of the amount of each transaction in U.S. dollars. Southwest Rapid Rewards® Priority Credit Card vs. Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Priority Credit Card is Southwest's top-tier consumer credit card, and the one you should consider if you frequently fly Southwest. Southwest Rapid Rewards Plus Credit Card Frequently Asked QuestionsWhat are the main benefits of the Southwest Rapid Rewards® Plus Credit Card?

Persons: cardholders, HBO Max, they'll, you'll, Chase, Cardholders, You'll, Jasmin Baron, Read, Angela Fung Organizations: Business, Rewards, Card, Southwest, Rapid, Southwest ®, FDIC, Apple, Disney, ESPN, HBO, Hulu, Netflix, Pandora, Paramount, Showtime, Spotify, YouTube, Central America, U.S, Premier, Chase Southwest Rapid, Chase, Sapphire, Southwest Rapid, Southwest Airlines, Chase Bank, Finance Locations: Southwest, Hawaii, Caribbean, Mexico, Central America, U.S, Central, Southwest airfare, Chase, Canada

☆ 'Deadpool & Wolverine' tops $1 billion at the global box office
▼ + stars: | 2024-08-11 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

Over the weekend, Disney and Marvel's "Deadpool & Wolverine" became only the second R-rated film to top $1 billion at the global box office. "Deadpool & Wolverine" is the first R-rated Marvel Cinematic Universe flick, as the previous two Deadpool films were produced and distributed by 20th Century Fox. It is also the second Disney film to top $1 billion at the global box office this year. Box office analysts expect "Deadpool & Wolverine" won't be the last for the company this year, either. The Toy Story franchise has generated $3.2 billion at the global box office, the two Frozen films surpassed $2.7 billion worldwide, the two Incredibles films tallied $1.8 billion globally, and "Zootopia" reached $1 billion worldwide during its run in 2016.

Persons: Ryan Reynolds, Paul Dergarabedian, Kang, It's, Disney, Shawn Robbins Organizations: Disney, Warner Bros, Century Fox, Marvel, Star, & $ Locations: Comscore

☆ Restaurant CEOs’ new favorite word is value as they aim to bring back customers
▼ + stars: | 2024-08-11 | by ( Amelia Lucas | ) www.cnbc.com time to read: +6 min

"The word 'value' has received a lot of airtime in the past few months," Josh Kobza, the CEO of Burger King parent company Restaurant Brands International , said on Thursday. Value for shareholdersA drive-through area of a Burger King restaurant in Peoria, Ill. Daniel Acker | Bloomberg | Getty ImagesCompanies aren't just thinking about offering value for customers — they're also thinking about shareholder value. For example, Burger King was one of the first chains to unveil a $5 value meal this summer. When its rivals followed suit with their own $5 discount deals, the Restaurant Brands chain didn't see any clear impact to its business. "There are actually some positives to the focus on value across the industry," Restaurant Brands' Kobza told CNBC.

Persons: Mario Tama, McDonald's, Josh Kobza, Burger, There's, Taco Bell, Papa, Ravi Thanawala, Chris Kempczinski, Richa Naidu, Kempczinski, it's, Brian Niccol, Adam Jeffery, Niccol, John Peyton, IHOP, It's, Peyton, Daniel Acker, — they're, They're, Burger King, Kobza Organizations: Getty, Taco Bell, Yum Brands, Restaurant Brands, Bureau of Labor Statistics, Burger King, Reuters, Grill, CNBC, Brands, Peoria , Ill, Bloomberg, Starbucks, U.S Locations: Burbank , California, Burger King, Oak Brook , Illinois, Peoria ,

I'm a high school teacher, and I see parents spend way too much on school supplies all the time. Many states have tax-free weekends, and many stores schedule school supply sales for those weekends. As a high school teacher, I often see families overspending and wasting money. Have your school supply list handy as soon as it's released, and pick up the items on sale when you find them. Check with your school for support programsIf money is tight (and even if it's not), check with your school and community to see if there are support programs for school supplies.

Persons: I'm, —, there's, it's Organizations: Service, Walmart, Girls

Colleen Hoover’s bestselling novel-turned-film adaptation “It Ends With Us” is stirring controversy ahead of its opening weekend, with online sleuths speculating over alleged behind-the-scenes drama between cast members. Baldoni optioned the film in 2019 with Wayfarer Studios, and later signed on to direct and star in it. Representatives for Baldoni, Lively and Hoover did not immediately respond to requests for comment. “The iconic rooftop scene, my husband actually wrote it,” Lively told E! When asked about whether he'd be interested in directing a sequel, Baldoni told "Entertainment Tonight," “I think that there are better people for that one."

Persons: Colleen Hoover’s, Hoover, Lily Bloom, Blake Lively, Ryle Kincaid, Justin Baldoni, Baldoni, Lively, Brandon Sklenar, Atlas Corrigan, Lily’s, Ryle, Hoover’s, ”, Harry Styles, Jenny Slate, Here’s, —, Ryan Reynolds, Emily Baldoni, Slate, Allysa, “, ’, Slate's, Reynolds, Deadpool, ” Lively, ” Christy Hall, ” Hall, ‘, Ryan, “ Ryan, he'd, Blake Lively's Organizations: Wayfarer Studios, Variety, Baldoni, Sony Pictures, New, New York City, People, Entertainment Locations: Lively, New York, Baldoni

☆ Hamas consolidates power under alleged Oct. 7 mastermind after spate of Israeli assassinations
▼ + stars: | 2024-08-09 | by ( Ellison Barber | ) www.nbcnews.com time to read: +6 min

TEL AVIV — Yahya Sinwar, the alleged mastermind of the Oct. 7 terror attack on Israel, is the undisputed leader of Hamas after the militant group’s political leader Ismail Haniyeh was assassinated and Israel confirmed it had killed Mohammed Deif, the military chief. Until now, Sinwar has remained largely out of the spotlight, a shadowy figure believed to be hiding in Hamas’ labyrinth of tunnels underneath the Gaza Strip. But his appointment as the group’s political leader has left many wondering what it could mean for the ongoing cease-fire and hostage release talks. For Basem Naim, a senior Hamas official, Sinwar’s promotion suggests it’s business as usual for the group. “Whoever decided to assassinate Ismail Haniyeh does not care about the hostages,” said Thabeet Elhmour, a Palestinian political analyst and writer based in Gaza’s southern city of Khan Younis.

Persons: Yahya Sinwar, Ismail Haniyeh, Israel, Mohammed Deif, Sinwar, Basem Naim, ”, Haniyeh, Masoud Pezeshkian, Haniyeh’s, “, Thabeet Elhmour, Khan Younis, Tariq Kenney, Kenney, Fathi Nimer, “ Sinwar, Gershon Baskin, Rather, ” Baskin, Joe Biden, Abdel Fattah el, Tamim bin Hamad Al Thani, Baskin, Ahmed Shoraab, Abou Nasar El, ” Jon Polin, Rachel Goldberg, Hersh Goldberg, Polin, “ We’re, Goldberg Organizations: Hamas, NBC News, West Bank, Al, NBC, Shura Council, Sissi Locations: TEL AVIV, Israel, Gaza, Tehran, Qatar, Palestinian, Gaza’s, Khan, “, United States, Egypt, Doha, Cairo

☆ Protesters denounce Bulgaria's ban on LGBTQ ‘propaganda’ in schools
▼ + stars: | 2024-08-09 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

Protesters rallied outside Bulgaria’s parliament on Thursday to denounce a controversial legal amendment adopted the day before that bans talk of LGBTQ and so-called nontraditional sexual choices in schools. The amendment bans the “promotion, popularization and support of ideas and opinions related to non-traditional sexual orientation or sexual identification other than biological” in schools. Protesters rally outside Bulgaria's parliament on Thursday in Sofia, Bulgaria. Bulgaria has also declined to ratify the Istanbul Convention on preventing violence against women, because of widespread belief it means to promote LGBTQ rights. European rights groups, like the Belgium-based Forbidden Colors, condemned the legislation as an assault on the fundamental rights of LGBTQ individuals, particularly children.

Persons: Michaela Vatcheva Organizations: European Union, Protesters, Bloomberg, Getty, Union Locations: Bulgaria’s, Bulgaria, Russia, Russian, Bulgaria's, Sofia, Istanbul, Belgium, Hungary, Bosnia, Moldova, Turkey

☆ Venture capital's new reality check: 'A ton of people looking to get out everywhere'
▼ + stars: | 2024-08-09 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +12 min

PitchBook forecast in a May report that venture firms would raise less than $200 billion in 2024, a 48% drop from the industry's peak in 2021. "They may not see any carry dollars for a long time, maybe into full deployment to the next fund," the growth-stage principal said. AdvertisementBut this type of internal competition, including deal theft and sabotage, has always existed, the growth-stage principal added. 'A ton of people looking to get out everywhere'As the market continues to correct itself, more turnover is likely. "I know a ton of people looking to get out everywhere," the growth-stage principal said.

Persons: —, Michael Moritz, Combinator, they're, Will Champagne, it's, Ellis, Rebecca Zisser, VCs, Junior VCs, there's, Champagne, I'm, inbounds, I've Organizations: Service, Business, TechCrunch, Venture, Bay Area, Big Law, Kirkland, Haize Labs, Area, Junior

☆ Under Armour shares surge 20% after posting 'better than feared' quarterly sales
▼ + stars: | 2024-08-08 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +6 min

Under Armour apparel is displayed at a Dick's Sporting Goods store on May 16, 2024 in Petaluma, California. Under Armour on Thursday said sales are falling across its business, but the athletic apparel retailer posted better fiscal first-quarter results than feared, sending its stock surging in early trading. Under Armour previously expected full-year earnings of 2 cents to 5 cents per share, and adjusted earnings between 18 cents and 21 cents per share. The athletic apparel company is in the midst of a broad restructuring plan as it fights to regain relevance, reverse a sales slump and boost profits. Apparel revenue fell 8%, footwear sales dropped 15% and accessories revenue slid 5%.

Persons: Armour, It's, Stephanie Linnartz, Kevin Plank, Plank, Eric Liedtke, Eric, …, William Blair, Armour's Organizations: Sporting Goods, LSEG, Marriott, Armour's, Apparel, Adidas, UA Locations: Petaluma , California, North America

☆ When my sister died, I focused on improving my work life. It helped me stay present and deal with my grief.
▼ + stars: | 2024-08-07 | by ( Jason Silver | ) www.businessinsider.com time to read: +5 min

I tried several personal wellness experiments, such as intermittent fasting, polyphasic sleeping, and cold plunges. I always assumed that doing better at work meant adding a better project, a bigger promotion, or a brilliant new job entirely. Focusing on the day-to-day problems at work helped me stay present in my life — better than any of my personal wellness experiments. AdvertisementAlthough I plateaued with the life hacks, tweaking how I work day-to-day has led to endless gains. I still work hard, but now I work better.

Persons: —, I'm, Rachel, Tim Ferriss, I'd, It's, I've Organizations: Service, Business Locations: Toronto, Airbnb

☆ There's a double-edged sword high performers face at work, and it's costing employers their talent
▼ + stars: | 2024-08-07 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

High-performing women have it the worst, the analysis found, with 38% of language used in their performance reviews containing exaggerations, clichés, and fixed-mindset labels. Poor feedback is bad for retentionGood-quality feedback is vital to keep top talent. Separate Textio research from 2023 found that workers who receive poor feedback are 63% more likely to leave their jobs within a year. The consequences of poor feedback can also be severe and wide-ranging, Murphy said. "Performance feedback should be delivered in real time whenever possible rather than waiting for a year-end review," Rosen said.

Persons: —, Ylva, That's, Baeckström, Tanner, Cheryl L, Mason, Courtney Murphy, incentivizes, Murphy, plateauing, Diane Rosen, Rosen Organizations: Service, Business, King's College London, Workers, Catalyst, Management, People Solutions

☆ He won gold for the Philippines. Then the gifts started pouring in — including a $600,000 condo and a lifetime supply of ramen.
▼ + stars: | 2024-08-07 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

These freebies are in addition to the Philippine House of Representatives' cash incentive of 3 million Philippine pesos granted to all gold medalists. In the US, gold medalists take home $37,500. Hong Kong — which offers the highest bonus — awards 6 million Hong Kong dollars, or about $768,000, to its gold medalists, per CNBC. AdvertisementCorrection: August 7, 2024 — An earlier version of this story misdescribed Hong Kong. It's 6 million Hong Kong dollars, not 600,000 Hong Kong dollars.

Persons: —, Carlos Yulo, freebies, Yulo, Megaworld, Virgil Lo, Bucket, Marcus Luer, Luer, James Crane, Buchwald, Joseph Schooling, Nestlé's Milo, Yakult, Hugo Boss, it's Organizations: Service, Olympics, Paris, McKinley, Business, Apollo Home Depot, Philippine, Hong, CNBC, Total Sports Asia, Olympic Games Locations: Megaworld, Taguig, Manila, Hong Kong, Singapore, Philippines, China

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