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Meta terminated some employees who abused a Grubhub perk, a source confirmed to BI. AdvertisementMeta recently fired some employees for misusing a Grubhub meal perk, according to a person familiar with the situation. Roughly two dozen employees were terminated for abusing the company's meal credit system, this person said. This episode has been discussed at length in recent days by some Meta employees on Blind, an online workforce forum. Business Insider reviewed these Blind discussions, including screenshots of some discussions that took place in a section of the app only accessible to Meta employees.
Persons: Meta, Organizations: BI, Service, Meta, FT, Business, Reality Labs Locations: Los Angeles
For example, it will cost $137.39 (after tax) to add the Premier Pass to an Animal Kingdom park ticket on a less busy day. EPCOT’s pass would cost more, Hollywood Studios a bit more than that, with the most expensive Premier Pass at Magic Kingdom. To buy a Premier Pass for the Magic Kingdom park on a very busy day such as Christmas would cost $478.19 (after tax) in addition to your park ticket. At Universal Studios Hollywood, which has one theme park with 17 express lines, this pass can cost anywhere from $80 to $170 (not taxable) in addition to the theme park ticket price. The Premier Pass is “priced for someone for whom the time-money tradeoff is different,” Munsil said.
Persons: CNN —, , Disney, EPCOT’s, Allen J, what’s, CNN Don Munsil, Munsil, ” Munsil Organizations: CNN, Lightning, Disney, Walt Disney World, Disneyland, Hollywood Studios, Magic Kingdom, Los Angeles Times, Disney Food, The Universal Studios, Universal, Busch Gardens, Universal Studios Hollywood, Universal Resort Orlando, Universal Orlando, Royal Pacific Locations: Florida, California, Animal, Animal Kingdom, Magic, Disney California, , SeaWorld, Portofino
Jorge Argota, 35, runs his own digital marketing agency in Miami and made about $120,000 last year. For me, renting an apartment in Miami is more affordable than buying a nice house with a $3,000 or $4,000 mortgage. Argota and his brother pay $2,300 a month for a two-bedroom in this Miami apartment complex. I've also had many friends who have had to move further north in Florida because it's impossible for them to pay rent or buy a home in Miami. So, if I can't buy a house in Miami, I might consider moving to another state.
Persons: Jorge Argota, Argota, , Zillow, We've, Jorge Argota Little, dominos, I've Organizations: Service, Miami Locations: Miami, Florida, COVID, New York , California, Texas, Little Havana, Jorge Argota Little Havana, Cuban
Death rates have surpassed birth rates in Japan, contributing to abandoned properties. "Like to create something really, really good that you're very proud of — it just makes me very happy." The property still had belongings of its previous residents, a common occurrence among abandoned properties in Japan. Courtesy of Anton Wormann. Courtesy of Anton Wormann
Persons: Anton Wormann, Anton Wormann Anton Wormann, Wormann, , Japan's, Tokyo akiya, Anton Wormann's akiya Organizations: CNBC, Tokyo, Wormann Locations: Japan, Sweden, Paris, London, Milan, New York, Tokyo
General Motors is investing $625 million in the electric vehicle supply chain. The funds will help Lithium Americas Corp develop and operate a major lithium mine in Nevada. Despite EV production cuts, GM aims to strengthen the domestic lithium supply chain. AdvertisementDetroit-based automaker General Motors is pumping money into the domestic supply chain for electric vehicle batteries. Related stories"Today's joint venture announcement is a win-win for GM and Lithium Americas," Evans continued.
Persons: , Jonathan Evans, " Evans, Jeff Morrison, GM's Organizations: Motors, Americas Corp, Service, General Motors, EV, GM, US Department of Energy, DOE, Lithium, Rio Tinto, Street Journal Locations: Nevada, Detroit, Humboldt County , Nevada, Thacker, North America, Lithium Americas, Rio
Used electric vehicles became more affordable after a new tax credit kicked in in January 2023. And as more models flood the market, you can get a particularly good deal on a used EV. Battery range will degrade over timeAnyone who's owned a smartphone knows that lithium-ion batteries wear out over time. The good news is that an EV's battery is unlikely to fail completely or render the car useless. Automotive retail analysts described it as a welcome change for EV shoppers on a budget.
Persons: , Scott Case, EVs, Graham, Geotab, Nora Naughton, Jim Fish, Fish Organizations: Service, Graham Rapier, Environmental Protection Agency, EV, Opus, Automotive, EVs Locations: Florida
General Motors Chair and CEO Mary Barra is shown on screen via livestream as she introduces her digitally delivered keynote address at CES 2022 at The Venetian Las Vegas on January 5, 2022 in Las Vegas, Nevada. DETROIT — General Motors has agreed to establish a joint venture with Lithium Americas Corp. that includes the automaker supplying $625 million in cash and credit to the Canadian mining business, the companies announced Wednesday. The deal is centered on the development, construction and operation of a lithium carbonate mining operation called Thacker Pass in Humboldt County, Nevada. Securing raw materials such as lithium from the U.S. is crucial to GM's plans to profitably grow its all-electric vehicle business to meet tightening federal requirements of the vehicles and the large batteries needed to power them. "Sourcing critical EV raw materials, like lithium, from suppliers in the U.S., is expected to help us manage battery cell costs, deliver value to our customers and investors, and create jobs."
Persons: Mary Barra, Motors, We're, Jeff Morrison Organizations: DETROIT —, Lithium Americas Corp, GM Locations: Vegas, Las Vegas , Nevada, DETROIT, Humboldt County , Nevada, U.S
Still, “lack of flood insurance is the largest insurance coverage gap we see across the United States,” he said. Here’s what you’re likely to encounter if you’re shopping around for flood insurance policies. Flood insurance 101Homeowners with mortgages are almost always required to have home insurance by their lenders. Most flood insurance is offered through the federally backed National Flood Insurance Program, a part of the Federal Emergency Management Agency. The NFIP estimates that more than 40% of NFIP flood insurance claims come from outside high-risk flood zones.
Persons: Helene, Mark Friedlander, , Rebecca Blackwell, policyholders, Melissa Sue Gerrits, Friedlander, Andy Neal, Milton, Neal, Scott Hawkins, ” Hawkins Organizations: New, New York CNN, Insurance Information Institute, CNN, Flood Insurance, Federal Emergency Management Agency, AP, FEMA Locations: New York, North Carolina, United States, Gulf, Mexico, Hurricane Milton, Englewood , Florida, Swannanoa , North Carolina
In 2015, Davidson settled down in Panama City, working as a technical support manager. He met his wife in Panama, and the two bought a $150,000 home and now raise their children in the capital. Beaches near Coronado, Panama City. Living for cheaper in Central AmericaHe met his wife in Panama, and they had two children. Mac DavidsonHe said average home prices in Panama City are often half what he saw in Manitoba's cities, which were about $400,000 when he checked earlier this year.
Persons: Mac Davidson, Davidson, , It's, Panama Davidson, he's, He's Organizations: Service, University of Manitoba, Friendly Nations, Nissan Locations: Canada, Panama, Manitoba, Panama City, Coronado , Panama City, Florida, American, Central America, Ancon, Manitoba's, Vancouver, North America
The Oura Ring 4. On the whole, the Oura Ring 4 is comfortable to wear and its app is easy to navigate. Ashley CapootI had never worn an Oura Ring before, so the entire experience was new to me. Silver jewelry has always been my preferred style, so I picked the silver Oura Ring 4 to match my accessories. The My Health tab gives users access to longer-term insights such as heart health, sleep health and resilience, a metric that measures your ability to recover from stress over time.
Persons: Ashley Capoot, Oura, I've, it's Organizations: Apple
If you travel and you haven't looked at your credit card's transfer partners, you might be missing out. There is no right or wrong way to use points and miles you've earned when you use a credit card, and the options are plentiful. Rewards credit cards allow you to earn points or miles on every purchase rather than giving you cash back immediately. Strategically using credit cards this way is a great way to capitalize on your spending, especially if you love to travel like our family does. My favorite credit cards are the most flexible onesWhile debating what type of credit card to open and use to earn points can be daunting, our family loves using credit cards that give you the most flexibility in redeeming those points.
Persons: haven't, , you've, I've, Paul into, Paul Organizations: Service, Delta, Venture, Sapphire, Express, Virgin Atlantic, Virgin, KLM Locations: Europe, Minneapolis, St, Paul into Rome, Barcelona
As an interior decorator, there are a few items I'd never buy at West Elm. Instead of purchasing wall art from the retailer, I'd look for pieces from local painters. The store's faceted-brass drink table doesn't seem sturdy, so I'd look for better alternatives. AdvertisementAs an interior decorator, I know West Elm is a great place to shop for high-quality furniture and unique pieces. Though I like West Elm, the store carries a few items I wouldn't pick up for myself or my clients.
Persons: Organizations: West, Service
Or residents can indulge in hyperbaric treatments, breathing in 100% oxygen in a pressurized chamber which has shown promising anti-aging results. Ice plunges and saunas in renderings of the 122-story Six Senses Residences in Dubai, due to be completed in 2028. This year, a new offering by Equinox includes biomarker testing and customized coaching for fitness, nutrition and recovery. A quest for peak performanceContinuum Club, located in New York City, takes a similar approach to health with the help of AI. Paul Bundy“(Can) you ski longer, hike faster, push the human potential and boundaries within recreational modalities?” Zhang posed.
Persons: , Kevin Cavaco, Harley Pasternak, Kim Kardashian, Lady Gaga, Halle Berry, he’s, I’ve, Bryan Johnson, , ’ biometrics, Tom Wingert, Brian Berkowitz, We’ll, , we’re, , what’s, Wingert, Matthew McConaughey, Ken Hayden, Christian Davies, Davies, Covid, Priya Mrinal, Woods Bagot, Reed Hastings, Jenny Holzer, James Turrell, Arthur Jafa, Paul Bundy, Alex Zhang, Paul Bundy “, Zhang, We’re, Pasternak Organizations: CNN, Dubai Marina, Dubai, Apple, Equinox, Continuum, Continuum Club, Netflix Locations: Dubai, Prairie, Switzerland, Lanserhof, Austria, New York City, Sedona , Arizona, Arizona, Sedona, Dubai Marina, Utah, Aspen, Deer, it’s
Google said Monday that it will purchase power from small modular reactor developer Kairos Power, as tech companies increasingly turn to nuclear power as a way to fulfill the growing energy demands from data centers. Monday's announcement is another example of the growing partnership between tech companies and nuclear power. Data centers need 24/7 reliable power, and right now nuclear is the only source of emissions-free baseload power. Many hyperscalers have ambitious emissions-reduction targets, which is why they're turning to nuclear power. Constellation Energy is restarting Three Mile Island to power Microsoft data centers, while Amazon bought a data center from Talen Energy that's powered by the Susquehanna nuclear power plant.
Persons: Kairos Power, Michael Terrell, SMRs, Bill Gates, Sam Altman, Jeff Bezos, Terrell Organizations: Google, Kairos, U.S, Department of Energy, , Constellation Energy, Microsoft, Amazon, Talen Energy, Susquehanna Locations: Mountain View , California, Oak Ridge , Tennessee
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024. Nvidia shares headed for a record close on Monday as Wall Street gears up for earnings season and updates from all of the chipmaker's top customers on their planned spending on artificial intelligence infrastructure. Companies including Microsoft , Meta , Google , and Amazon are purchasing Nvidia GPUs in large quantities to build increasingly large clusters of computers for their advanced AI work. With a market cap of $3.4 trillion, Nvidia is the second most valuable publicly traded U.S. company, behind Apple at about $3.53 trillion. WATCH: Nvidia CEO Jensen Huang on Squawk Box
Persons: Jensen Huang, ChatGPT Organizations: Nvidia Corp, Nvidia, Companies, Microsoft, Meta, Google, Mizuho, U.S, Apple Locations: Taipei, Taiwan
European flags flutter in front of the European Central Bank (ECB) building prior to a news conference following the meeting of the governing council of the ECB in Frankfurt/Main, Germany, on September 12, 2024. Daniel Roland | Afp | Getty ImagesThe European Central Bank is on course to deliver its third interest rate cut of the year at its meeting this Thursday, as policymakers say inflation risks are easing faster than previously expected. Headline price rises in the euro area cooled to 1.8% in September, below the central bank's 2% target. Bank of France Governor Francois Villeroy de Galhau last week described an October rate cut as "very likely" and said such a step "won't be the last." This led him to forecast ECB rate cuts will take place both this week and at each of the central bank's forthcoming meetings, until the deposit rate hits 2.5%.
Persons: Daniel Roland, Francois Villeroy de Galhau, Villeroy, Christine Lagarde, Joachim Nagel, Germany's Bundesbank, Jack Allen Organizations: European Central Bank, ECB, Afp, Getty, Bank of France, France, European Union, Citi, Media, U.S, U.S . Federal, Barclays, Capital Economics, Reynolds, Bank of America Global Research Locations: Frankfurt, Main, Germany, U.S .
Amberly Grant achieved 'coast FIRE' by increasing her income and investing the excess. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . She's also created an additional income stream by purchasing two investment properties and setting up long- and short-term rentals. However, once you reach age 65, you can use your HSA money to cover any expense without incurring a penalty. While Grant can use her HSA funds for medical costs right now, she chooses to pay out-of-pocket so her HSA money can continue to grow and compound.
Persons: Amberly Grant, , she'd, Grant, it'll, she's, who's, it's, She's, I've, Roth, what's, I'm Organizations: IRA, Service, Leeds School of Business, Boulder, FIRE Locations: Portland, San Francisco
Contradictory messages about inflation and the labor market have investors on guard. Price growth is slowly falling from its peak, but it exceeded expectations in September after a hot reading in August. AdvertisementInflation is a threat that won't sink the economyWhile there's plenty of economic data to get excited about, persistent price growth is a problem. "If we're going to be data dependent, we have to at least look at the data," Sosnick said. Higher-than-hoped inflation is rarely compatible with an economic downturn, so if price growth does persist, it likely won't be in an earnings-crushing contraction.
Persons: , Steve Sosnick, they've, John Kerschner, Janus Henderson, Sosnick, Preston Caldwell, Morningstar's, Jim Baird, Plante, Baird, Joe Quinlan —, Skyler Weinand, Regan, Weinand, We've Organizations: Service, US, of Labor Statistics, Federal Reserve Bank of Atlanta, Interactive Brokers, Business, Manufacturing, Index, Janus, Janus Henderson Investors, Equity, Financial, Merrill, Private Bank, Bank of America, Regan Capital, Fed Locations: China
A recent survey by pollster Vilmorus says that the Social Democratic Party, led by Vilija Blinkevičiūtė, would top the poll, with twice as many votes as Šimonytė's Homeland Union. However no party would obtain more than 20% of the vote, forcing anyone hoping to govern to to look for alliances. "Šimonytė and the entire Homeland Union looks battered, worn out and they would better spend some time on the spare bench." In 2020, Šimonytė led her Homeland Union to victory in the parliamentary election. The runoff is Oct. 27, when the majority of single-member constituencies will vote to choose between the two leading candidates.
Persons: Ingrida, Rima Urbonaitė, Šimonytė, pollster Vilmorus, Vilija Blinkevičiūtė, Nemuno, Remigijus Žemaitaitis, Žemaitaitis, Darius Mikalauskas, Urbonaitė, Gitanas Nauseda Organizations: Social Democrats, Union, Mykolas Romeris University, Social Democratic Party, Šimonytė's, Analysts, Homeland Union, Freedom Party, Liberal Locations: Lithuania, Vilnius, Belarus, Russia, Africa, Russia's Kaliningrad, Ukraine
Kemo Sabe in Jackson, Wyoming, customizes high-end Western hats that cost up to $895. Kemo Sabe started in Aspen, Colorado, in 1990 and has since become well known for its high-end Western hats. Celebrities and icons, from Rihanna to Shania Twain and the Kardashians, have all been spotted wearing Kemo Sabe hats. Although Stetson makes hats that cost thousands of dollars, Kemo Sabe only sells less expensive Stetson hats that are pre-molded. The Kemo Sabe hats they sell are more expensive.
Persons: Kemo Sabe, Rihanna, Shania Twain, , Kristen Carelas, Joey Hadden, You've, Carelas, Sabe, we'll, — Stetson, Kemo, Stetson, Taylor Swift, Taylor, They're Organizations: Service Locations: Jackson , Wyoming, Aspen , Colorado, Colorado , Montana , Texas , Utah, Jackson
The Trump administration “sent us several samples of test kits,” Kremlin spokesperson Dmitry Peskov told reporters on Thursday, broadly supporting Woodward’s claim. Many countries were doing the same.”The Kremlin’s response seemingly contradicts Trump’s denial of Woodward’s claims. In a statement, Trump spokesman Steven Cheung said Trump gave Woodward “absolutely no access” for the book. Citing a Trump aide, Woodward also reported that there have been “maybe as many as seven” calls between Trump and Putin since Trump left the White House in 2021. Woodward’s claims once again throw scrutiny on Trump’s relationship with Putin, weeks before the US presidential election.
Persons: Donald Trump, Bob Woodward’s, Vladimir Putin, Trump, , Dmitry Peskov, Woodward, Trump “, Putin, Abbott, , ” Putin, ” Trump, ” Peskov, he’s, Steven Cheung, Woodward “, Bob Woodward, Peskov, ventilators, Woodward’s, Kamala Harris, Howard Stern, You’re, ” Harris, Elon Musk Organizations: CNN, Trump, ABC News, Putin, White House, Trump White, Kremlin, Democratic, Locations: Russia, United States, Woodward, Moscow, Ukraine
A new analysis identified several ways that the West can disrupt Russia's artillery supply chain. Analysts said the West needs to go after Russia's foreign imports before it's too late. Despite international sanctions meant to cripple Russia's war machine, Russia has maintained an edge over Ukraine when it comes to artillery production and rate of fire. AdvertisementThe analysts at RUSI said that the West needs to disrupt the industries that are keeping Russia's deadly and destructive howitzers firing before it's too late for Ukraine. However, the analysts said, "the longer the war continues, the more Russia's dependencies on foreign suppliers will become a weakness."
Persons: , RUSI, it's Organizations: Service, Royal United Services Institute, Russian Defense Ministry Press Service, West, US Locations: Russia, Ukraine, Moscow, China, Iran, North Korea
PayPal is set to launch an ad business, starting in the US. AdvertisementPayPal is set to announce the official launch of PayPal Ads on Thursday. This new advertising business looks to help marketers tap into data on the billions of transactions that take place across its payments platforms. Users can opt-out of their data being shared with advertisers, PayPal said. Advertisement"Mastercard already has a data business," Webster said.
Persons: , Mark Grether, Uber's, Grether, JiYoung Kim, Lyft, It's, Alex Chriss, Diego Scotti, Robert Webster, Webster, Dunn, Bradstreet Organizations: PayPal, Service, Business, Amazon, Walmart, Nordstrom, Ticketmaster, Chriss, Verizon, TAU Marketing Solutions, Mastercard Locations: York, Germany, Experian
Using options to generate income from a boring stock
  + stars: | 2024-10-10 | by ( Michael Khouw | ) www.cnbc.com   time to read: +4 min
Options traders like to say that there are strategies that can profit if a stock rises, falls, or goes nowhere at all. Crown Holdings (CCK) , which reports earnings next week, may have the set-up we're looking for. Demand for sustainable and recyclable packaging drives growth in the beverage can market, a significant segment for Crown Holdings. In the street's view, Crown Holdings is a reasonable business at a reasonable valuation (19 price-earnings ratio). This involves purchasing the lower implied volatility, longer-dated options, and selling nearer-dated options to capitalize on accelerated decay ("theta").
Organizations: Crown Holdings, Ball Corporation, YTD, Holdings, CNBC, NBC UNIVERSAL
Vice President Kamala Harris revealed this week that she owns a Glock — a weapon that is restricted for purchase in California amid a court battle over the state’s gun laws. The Harris campaign did not specify where and when she bought the Glock, which model she owns or which storage devices she uses. In 2013, as attorney general, Harris cleared the way for a new provision of the handgun safety law to take effect. Gun-rights advocates denounced Harris for owning a firearm while she was arguing for policies that would restrict which weapons people would be allowed to buy. Michel, a California attorney who is representing the gun-rights advocates suing California over its handgun safety law.
Persons: Kamala Harris, — I’ve, ” Harris, Harris, they’re, Glock, , C.D, Michel, , ” Kris Brown, , Brown, Brady Organizations: Democratic, CBS, , NBC News, Glock, Service, Department, Justice Department, NBC, U.S, Supreme, Washington , D.C Locations: California, Alameda County , California, San Francisco, Glocks, Washington ,
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