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☆ Here are 5 stocks that are buys right here, right now
▼ + stars: | 2024-05-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Let's say you just joined the Club, and you are trying to figure out which stocks we think are buyable right now, right here. The question is: Which stocks would I buy right now? In fact, we added some more shares to the Club portfolio Wednesday. WYNN YTD mountain Wynn Resorts YTD I would most certainly buy the stock of Wynn Resorts . (Jim Cramer's Charitable Trust is long GEHC, HON, WYNN, SWK, F. See here for a full list of the stocks.)

Persons: WYNN, Boston —, Wynn, Decker, That's, Neil Kashkari, Stanley Black, Jim Cramer's, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: Club, GE Healthcare, Honeywell, DuPont, Raytheon, United Technologies, Electric, Wynn, Wynn Resorts, Vegas, Stanley, Ford, CNBC Locations: Boston, Macao, Asia, SWK

☆ Apollo CEO Marc Rowan defends private credit from Jamie Dimon, saying shadow banking 'makes the system safer.'
▼ + stars: | 2024-05-30 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +5 min

Tighter bank lending means more opportunities for private lenders to lend and make outsize returns on their loans. Financial industry titans Jamie Dimon and Marc Rowan have been trading opposing views on the burgeoning sector for the last year. Last year, Rowan responded to Dimon's comments that higher capital requirements for banks had private lenders like Apollo "dancing in the streets." AdvertisementRowan on Thursday responded by saying that the private-credit industry helps reduce systemic risk caused by the traditional banking industry. "Jamie is an amazing representative of the banking industry," Rowan said.

Persons: —, Jamie Dimon, Marc Rowan, Dimon, JPMorgan Chase, Rowan, Apollo, Jamie, Blackstone, — I've, Bernstein, Dimon's Organizations: Service, Financial, JPMorgan, Business, Bank of America Global Research, Apollo Locations: New York City

☆ Paul Singer's Elliott Management just raised $8.5 billion. The vaunted hedge fund laid out where it sees opportunities in its latest letter to investors.
▼ + stars: | 2024-05-30 | by ( Bradley Saacks | Alex Morrell | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAfter raising $13 billion in 2022, billionaire Paul Singer's Elliott Management raked in another sizeable haul over the past six months. This story is available exclusively to Business Insider subscribers. Related stories"Historical and mathematical fact can get lost in the excitement when stocks are on a tear," the letter states. The firm recently took a $2.5 billion stake in Texas Instruments, calling on the 94-year-old company to improve its free cash flow.

Persons: —, Paul Singer's Elliott, Elliott —, Elliott, doesn't Organizations: Service, Paul Singer's Elliott Management, Business, Texas Locations: YOLO

☆ Fact check: Trump delivers flurry of false and misleading claims as trial nears conclusion
▼ + stars: | 2024-05-30 | by ( Daniel Dale | ) edition.cnn.com time to read: +9 min

Washington CNN —Former President Donald Trump has uttered multiple false or misleading claims about his Manhattan criminal trial this week as the trial has neared a conclusion. An “advice of counsel” defense typically requires the defendant to waive attorney-client privilege. This Court can not endorse such a tactic.” Therefore, Merchan ruled, Trump could not invoke or even suggest a “presence of counsel” defense in the trial. Prosecutors provided three theories of what unlawful means Trump used. After Merchan refused last week to change his mind, Trump’s defense decided not to call Smith as a witness.

Persons: Donald Trump, Trump, ’, Juan Merchan, “, MERCHAN, ”, Merchan, ” Trump, ” Merchan, Defendant, you’ve, It’s, it’s, John Roberts, don’t, ” Lee Kovarsky, Jeremy Herb, doesn’t, didn’t, Brad Smith, Wouldn’t, Bradley Smith, Rather, Smith, Biden, Joe Biden, Attorney Alvin Bragg, Bragg, Matthew Colangelo, Colangelo Organizations: Washington CNN, Manhattan, Fox News, Prosecutors, Federal, University of Texas, Trump, Records, Attorney, Justice Department Locations: New York, York, ”, Manhattan, York’s

☆ Twitch terminates all members of its Safety Advisory Council
▼ + stars: | 2024-05-30 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Twitch on Friday will terminate all members of its Safety Advisory Council, according to sources familiar with the situation and documents viewed by CNBC. The council is a resource of nine industry experts, streamers and moderators who consulted on trust and safety issues related to children on Twitch, nudity, banned users and more. The Amazon -owned game-streaming company formed its Safety Advisory Council in May 2020 to "enhance Twitch's approach to issues of trust and safety" on the platform and guide decisions, according to a company webpage. "Looking ahead, the Safety Advisory Council will primarily be made up of individuals who serve as Twitch Ambassadors," the email, viewed by CNBC, stated. Payment depended on the length of the contract, but council members were paid between $10,000 and $20,000 per 12-month period, according to a source familiar with the contracts.

Persons: Twitch, Sameer Hinduja, Emma Llansó, T.L, Taylor Organizations: Advisory, CNBC, Council, Twitch, Cyberbullying Research, Center for Democracy, SAC

Roku 65-inch Pro Series 4K QLED TV Roku's flagship Pro Series TV is a great all-around 4K QLED. AdvertisementShould you buy the Roku Pro Series TV? The Roku Pro series offers good image quality in a convenient, easy to use package. Ryan Waniata/Business InsiderThe Roku Pro Series is a worthy buy for anyone who wants a great midrange QLED TV. We tested a 65-inch Roku Pro Series model, but our overall impressions also apply to the 55- and 75-inch sizes.

Persons: Roku, 120Hz, Ryan Waniata, you've, U8N, Max, Roku's, It's, Hisense's U8N, You'll Organizations: Business, TCL, Shop, Walmart Shop, Dolby, Pro, TCL's, Samsung, Google, Processing Unit, Smart, AMD FreeSync Locations: Moana

☆ I work for a House Democrat and disagree with my boss on Gaza. So I'm secretly organizing behind their back.
▼ + stars: | 2024-05-30 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +9 min

We laid 10,000 flowers — one for each civilian in both Israel and Gaza who had been killed at that point. I work for a House Democrat who has endorsed Biden's plan for a negotiated, two-sided cease-fire — but that's absolutely not far enough. But I'm almost positive that the lawmaker I work for doesn't know, and that if they did, there would be genuine repercussions. AdvertisementWhen it's constituents saying this, I understand: They don't understand exactly how congressional offices work and they don't know how Congress functions. Pro-ceasefire staffers marching toward the House steps ahead of a vote on an Israel aid-related bill on May 16.

Persons: —, Israel, We've, who've, Joe Biden, they're, they've, Biden's, we've, it's, Andrew Derek Strachan, haven't, Kent Nishimura Organizations: Service, Congressional Staff, Capitol, Business, United Nations Relief, Works Agency, House Democrat, State Department Locations: Gaza, Israel, Rafah

If inflation continues to decelerate in the coming months, mortgage rates could fall further. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. But because inflation has been somewhat sticky in recent months, mortgage rates have remained elevated so far this year. Lower mortgage rates will bring more buyers onto the market, putting upward pressure on prices.

Persons: Fannie Mae Organizations: Zillow, Federal Reserve, Mortgage, Association, ARM Locations: Chevron

☆ Kode Bergen’s ‘Indigenous Histories,’ illustrates an anthology of neglected stories
▼ + stars: | 2024-05-30 | by ( Christian House | ) edition.cnn.com time to read: +7 min

These are just some of the highlights of “Indigenous Histories,” an absorbing new show recently opened at Norway’s Kode Bergen Art Museum. Andreas Harvik/National Museum/Courtesy Kode Bergen Art Museum“Indigenous Histories” corresponds with fresh thinking about what is and what isn’t fine art. This piece "Oaivemozit/ Galskap/ Madness," from 2013 is part of the Sámi Dáiddamagasiidna (Sámi Art Collection). Sámi Art Collection/Courtesy Kode Bergen Art MuseumAlong with the vibrant color and cultural dynamism, there is righteous anger and political outrage on view, as artists grapple with the legacy of colonial oppression. Sámi Art Collection/Courtesy Kode Bergen Art MuseumThe climate emergency has changed orthodox opinions about Indigenous communities, says Katya García-Antón, who curated the Venice exhibition and is now director of the Nordnorsk Kunstmuseum in Tromsø.

Persons: Brazil’s, ”, Petter Snare, John Savio, Andreas Harvik, Duhigó, MASP, Katarina Spik Skum, “, Philippa Moxon, she’d, Mick Namarari Tjapaltjarri, Máret Ánne Sara, Tate, Anders Sunna, Katya García, Marét Anné Sara, Antón, Djan Organizations: CNN, Bergen Art Museum, National, Bergen Art, Venice Biennale, Nordic, Norwegian, of Locations: Bergen, South America, North America, Oceania, Nordic, Brazil, Peru, Mexico, Canada, Australia, New Zealand, —, Kode, Lapland, Zealand, Brazilian, Sápmi, Northern Territory, Norway, Venice, Swedish, Nordnorsk, Tromsø, Oslo, of Australia, Canberra

☆ A financially independent eBay seller who's spent 15 years 'studying the platform' shares 3 strategies that helped him turn a hustle into an online business bringing in six figures a month
▼ + stars: | 2024-05-30 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

AdvertisementIn addition to his eBay store, Richard owns a vintage clothing store, The Spot, in Coral Springs, Florida. Advertisement"The customer for a Tommy Bahama shirt is totally different from a customer that wants a Nike skateboard shirt," he said. For example, if you're selling a Tommy Bahama shirt, don't just title your listing "Tommy Bahama shirt," he said. "If your title says 'Tommy Bahama Shirt Purple Monkey Dishwasher,' nobody is ever going to search that," he said. So every single time a customer searches 'Tommy Bahama Hawaiian Shirt,' I show up; 'Tommy Bahama Camp Shirt,' I show up.

Persons: —, Richard, he's, Richard S, It's, Tommy Bahama, Bahama, Tommy Bahama Camp, that's, I'm, I've Organizations: Service, CVS, Circuit, Business, eBay, BI, Nike Locations: Coral Springs , Florida, South Florida

☆ Drawings found at Pompeii suggest children watched gladiators fight, plus executions
▼ + stars: | 2024-05-29 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

CNN —Children’s sketches of violent scenes of gladiators and hunters battling animals have been uncovered at the archaeological park of Pompeii, the park’s superintendent has said. The drawings, thought to be made by children between the ages of five and seven sometime before Mt. Vesuvius erupted in 79 AD, were found on the walls of a back room in the “Island of chaste lovers” residential sector of the archaeological park. The drawings depict a fight scene with two gladiators, spears in hand, facing what is likely to have been intended to be wild boars. So far, they have determined that the drawings likely came from “direct vision” of an event rather than from pictorial models.

Persons: ” Gabriel Zuchtriegel, Department of Child Neuropsychiatry, Naples ’ Federico, ” Zuchtriegel Organizations: CNN, Department of Child, Naples ’, University Locations: Mt, “, Pompeii, Naples

☆ Samsung Electronics' union threatens first ever walkout next week
▼ + stars: | 2024-05-29 | by ( ) www.cnbc.com time to read: +4 min

A Samsung Electronics union in South Korea will begin escalating strike action next week by staging the first ever walkout over demands for higher wages, union officials said on Wednesday. The National Samsung Electronics Union (NSEU), which has about 28,000 members, or more than a fifth of the company's total workforce, said it will stop work for one day on June 7 as part of broader protest measures. Samsung Electronics said in a statement on Wednesday: "We will sincerely engage in discussions with the union." Responding to Wednesday's proposed strike, a coalition of five unions at Samsung affiliates including another Samsung Electronics union questioned the intention behind the strike plan, indicating they would not join the move. Shares of Samsung Electronics closed down 3.1% on Wednesday, compared with the benchmark KOSPI's 1.7% fall.

Persons: Son Woo, mok, NSEU, Wednesday's, Jay Y, Lee Organizations: Samsung, Samsung Electronics, National Samsung Electronics Union, South, Workers Locations: Seoul, South Korea, Hwaseong

☆ China is developing systems to hunt US submarines from the air
▼ + stars: | 2024-05-29 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

China is developing new systems to hunt the US nuclear-powered submarines that could threaten a Chinese invasion of Taiwan, according to a new report. Also significant is that Chinese airborne sub hunters are tasked with protecting Chinese ballistic missile submarines as they sail to their patrol and launch locations. Current Chinese sonobuoys require "a complicated and labor-intensive series of manual button presses to configure sonobuoy parameters such as radio working frequency, working depth, working time, and pulse form to fit maritime conditions before deployment." "PLAN ASW units are training under more realistic conditions, and breaking down administrative barriers which prevented them from generating more training opportunities in different operational environments." AdvertisementFor example, since 2015, training materials have stressed the need for ASW aircraft and ships to work closely together, which is standard practice in the US and Western navies.

Persons: Eli Tirk, Daniel Salisbury, Tirk, Deanna C, Michael Peck Organizations: Service, Business, People's Liberation Army Navy, Taiwan, China Maritime Studies, Naval War, PLAN, US Navy, China Electronics Technology Group Corporation, Aviation Industry Corporation of China, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, Taiwan, Japan, Salisbury, America, Forbes

☆ A woman lost 44 pounds after ditching fad diets and excessive cardio. She says two simple lifestyle changes helped her lose weight.
▼ + stars: | 2024-05-29 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +6 min

Now as an online fat loss coach and personal trainer, she helps others lose weight healthily and sustainably, too. AdvertisementWith the weight loss market in the US expected to reach $93.8 billion in 2024, according to Market Data, Dobson's approach too weight loss — without using fad diet plans or supplements — goes back to basics. Dobson started making lower-calorie versions of her favorite mealsAs a child, Dobson said she was "a bit chubbier" than other kids at school. It's the same approach recommended by many registered dietitians who have spoken to BI about healthy fat loss. AdvertisementDobson felt strongly that she didn't want to feel too restricted or deprived when losing weight.

Persons: —, Bethany Dobson, Dobson, Georgie Glass Dobson, dietitians, Georgie Glass, That's Organizations: Service, Business Locations: Manchester

☆ If you answer ‘always’ to these 8 questions, you're more mentally strong than most
▼ + stars: | 2024-05-29 | by ( Scott Mautz | In Scottmautz | ) www.cnbc.com time to read: +5 min

I've spent 30 years studying what makes people, and especially leaders, mentally strong. DON'T MISS: The ultimate guide to becoming a master communicator and public speaker Here's a mini-assessment: If you answer "always" to these eight questions, you're mentally stronger than most. Mentally strong people find and focus on the opportunity in adversity, rather than the threat. Mentally strong people think: "I'm prepared for this challenge." Mentally strong people know that boldness leads to growth.

Persons: I've, Here's, I'm

☆ Opinion: It’s hard to applaud billionaires – but these few deserve recognition
▼ + stars: | 2024-05-29 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +7 min

But this is the global system we do have and, within it, some billionaires are behaving much more generously and ethically than others. Melinda French Gates is one of the good ones. French Gates has long been an advocate for family planning and women’s rights abroad, and now she’s dedicating $1 billion through 2026 to those issues. Female billionaires, in other words, are far more likely than male ones to give away substantial portions of their wealth. So yes, we can applaud the good billionaires who give their wealth away, even if we think that they are representative of a bigger inequality problem.

Persons: Jill Filipovic, —, Melinda French Gates, French Gates, it’s, She’s, Gates, MacKenzie Scott, Jeff Bezos, Scott, Forbes, Elon Musk, Larry Ellison, Warren Buffett, Larry Page, Ellison, Page, Buffett, Donald Trump’s, Sam Altman, Bill Gates, Scarlett Johansson, that’s, George Soros, doesn’t Organizations: Twitter, CNN, Gates Foundation, The New York Times, Forbes ’, Forbes, Elon, Facebook Locations: New York, United States, French, The, New Zealand, There’s

☆ 6 things you do at work that annoy your boss
▼ + stars: | 2024-05-29 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

AdvertisementSo, next time you want to rant about work with your coworker, make sure the boss isn't within earshot. AdvertisementWorkplace experts said employees need to demonstrate early and often that they can identify problems, suggest fixes, and execute solutions. ProcrastinatingTime management is among the most valued employee skills, career experts said, and nothing irks a boss more than procrastination. Advertisement"If something is bothering you about another person you are working with, take it up with them first rather than involving your boss," Kirkinis said. "Eventually, if your boss needs to be involved, so be it, but try to work it out among yourselves."

Persons: —, Alvina Miller, Miller, Nguyen Huy, Hawaiin, Katherine Kirkinis, Kirkinis, Prerika Agarwal, Kraig, Agarwal, Huy, Nuthawut Somsuk, Kleeman, Stephen, Gossiping, Melissa Meyers Organizations: Service, New, Business, Aloha, Wanderlust, Inspiration, New Workforce, Employees Locations: earshot

☆ French Open day 4 recap: Swiatek wins, Kenin shocks Garcia, crowds and schedule frustrate
▼ + stars: | 2024-05-29 | by ( James Hansen | Matthew Futterman | ) www.nytimes.com time to read: +6 min

🇫🇷 Caroline Garcia (21), 6-3, 6-3Caroline Garcia (21), 6-3, 6-3 🇬🇷 Stefanos Tsitsipas (9) def. 🇳🇱 Jesper de Jong (Q), 6-3, 6-4, 2-6, 6-2🇳🇱 Jesper de Jong (Q), 6-3, 6-4, 2-6, 6-2 🇷🇺 Andrey Rublev (6) def. 🇪🇸 Pedro Martinez, 6-3, 6-4, 6-3🇪🇸 Pedro Martinez, 6-3, 6-4, 6-3 🇵🇱 Iga Swiatek (1) def. 🇸🇮 Tara Zidansek, 6-3, 6-4🇸🇮 Tara Zidansek, 6-3, 6-4 🇮🇹 Jannik Sinner (2) def. 🇫🇷 Richard Gasquet, 6-4, 6-2, 6-4🇫🇷 Richard Gasquet, 6-4, 6-2, 6-4 🇷🇺 Pavel Kotov def.

Persons: Roland Garros, Naomi Osaka Naomi Osaka, Iga Swiatek, Ash Barty, Philippe, Chatrier, Swiatek, Tim Clayton, Corbis, she’s, “, ”, Naomi Osaka, Ben Shelton, Kei Nishikori, queueing, Stan Wawrinka, Andy Murray, Jannik, Richard Gasquet, Sofia Kenin, Caroline Garcia, Garcia didn’t, Jesper de Jong, Jesper De Jong, olin e Garcia, Garcia, 7-5, Coco Gauff, 6-4 🇮🇹, 🇫🇷 Rich, Katie V, Dani, oren, Mathieu 🇺🇸 Madi, Clive Br Organizations: Getty, Swiatek, Philippe Locations: Osaka, Swiatek, Paris, 6-2, 6

☆ Supreme Court Justice Alito rejects calls to recuse from Trump, Jan. 6 cases
▼ + stars: | 2024-05-29 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

Associate Justice Samuel Alito poses during a group photo of the Justices at the Supreme Court in Washington, April 23, 2021. Supreme Court Justice Samuel Alito on Wednesday rejected Democratic lawmakers' requests that he recuse himself from key cases related to former President Donald Trump and the Jan. 6, 2021, Capitol riot following reports that flags linked to Trump's supporters were flown at his properties. "I was not aware of any connection between that historic flag and the 'Stop the Steal Movement,' and neither was my wife," Alito wrote. Trump, who is awaiting a verdict in his criminal hush money trial in Manhattan Supreme Court, applauded Alito for declining to remove himself from the case. "Congratulations to United States Supreme Court Justice Samuel Alito for showing the INTELLIGENCE, COURAGE, and 'GUTS' to refuse stepping aside from making a decision on anything January 6th related," Trump wrote in a post on Truth Social .

Persons: Samuel Alito, Donald Trump, Alito, Joe Biden, Rather, Jack Smith, Trump, —, Martha, Ann Alito, Dick Durbin, Durbin, Sen, Sheldon Whitehouse Organizations: Supreme, Wednesday, Democratic, Capitol, New York Times, Times, Alito, United States Supreme Locations: Washington, Virginia, Alexandria , Virginia, Long Beach, , New Jersey, Manhattan

☆ UBS says this battery systems company is an 'under-appreciated beneficiary' of the AI-driven data center boom
▼ + stars: | 2024-05-29 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Investors looking for new ways to capitalize on artificial intelligence should look at Fluence Energy , according to UBS. "FLNC is an under-appreciated beneficiary of increasing AI data center driven electricity demand as a leading supplier of utility-scale battery systems," analyst Jon Windham said. The firm reiterated its buy rating on the energy storage stock alongside a $32 per share price target. Fluence Energy is the second-biggest battery supplier at the utility level in the U.S. behind Tesla, UBS noted. "The more data centers consume electricity, the larger the arbitrage opportunity becomes, driving more demand for energy storage systems," the analyst said.

Persons: Jon Windham, Tesla, Windham Organizations: Fluence Energy, UBS, Energy, Nvidia, Data Locations: U.S

☆ 5 reasons the stock market is headed for a 4% gain in June, according to Fundstrat
▼ + stars: | 2024-05-29 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The S&P 500 is primed to rise 4% in June, according to Fundstrat's Tom Lee. AdvertisementThe stock market is poised to rise another 4% in June after jumping 5% in May, according to a Tuesday note from Fundstrat's Tom Lee. Lee said the S&P 500 could jump to 5,500 within the next month, driven by five positive market catalysts. Such a gain would send the S&P 500 to new all-time highs. But Nvidia's blowout earnings results last week could jolt investors to finally put that cash to work and buy stocks, according to Lee.

Persons: Tom Lee, Lee, — Organizations: Service, PCE, CPI, Bank of America

☆ Marco Rubio is quiet-auditioning for the role of Trump's vice president
▼ + stars: | 2024-05-29 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +1 min

Sen. Marco Rubio is a leading contender for Donald Trump's vice president pick in 2024, per a new report. The New York Times reports that Rubio has taken a low-key approach in his bid to run alongside Trump. AdvertisementSen. Marco Rubio is apparently playing hard to get when it comes to beating out the competition and making it as Donald Trump's VP pick, The New York Times reports. Through his support behind the scenes, Rubio has become a "leading contender" as the vice president pick, The New York Times reported, citing advisors to Trump. According to the Times, Rubio hasn't been keen on joining the president at rallies or hanging out at his Mar-a-Lago home.

Persons: Sen, Marco Rubio, Donald Trump's, Rubio, —, Rubio hasn't Organizations: New York Times, Trump, Times, Service, Business

☆ The S&P 500 could plunge as much as 70% this cycle as markets hit a 'motherlo' of FOMO extremes, famed fund manager says
▼ + stars: | 2024-05-29 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Legendary investor John Hussman says the latest stock rally is rooted in the extreme fear of missing out. FOMO factors have surged in markets, and stock prices could fall 50%-70% this cycle. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The legendary bear, famed for predicting the 2000 and 2008 crashes, reiterated that equities could drop as much as 70% this cycle. "Even the more conventional (but less reliable) S&P 500 price/forward operating earnings multiple is at levels that have no rivals except surrounding the 2000 and 2022 peaks," Hussman said.

Persons: John Hussman, —, Hussman, Dow Organizations: Service, Hussman Investment Trust

☆ Some full-time influencers are diving back into the corporate world, citing a lack of structure, loneliness, and financial instability
▼ + stars: | 2024-05-29 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

Her success in monetizing her platform persuaded her to try full-time content creation in 2023. Hong Kong-based creator Anushka Purohit decided to dive into a corporate 9-to-5 job after graduating from college instead of becoming a full-time creator because of the perceived financial instability. "The idea of full-time content creation is often more glamorous than reality," she said. Nguyen also said she'll never go back to full-time content creation because of the financial instability. Being a full-time creator can also hurt your social-media brand if you compromise for the money.

Persons: —, influencer Mariam Salam, Adesh, hasn't, they've, Anushka Purohit, Purohit, Mitchie Nguyen, Instagram, Nguyen, she's, Salam, she'll Organizations: Service, Business, Salam, Google, Staples, RBC Locations: Canada, monetizing, Hong Kong, York, TikTok

☆ Apex, the Largest Stegosaurus Fossil Ever Found, Heads to Auction
▼ + stars: | 2024-05-29 | by ( Asher Elbein | ) www.nytimes.com time to read: +1 min

That femur led to a stegosaurus fossil, among the largest and most complete ever found, which has subsequently been nicknamed “Apex.” In July the Sotheby’s auction house will sell Apex at auction at an estimated value of $4 million to $6 million, making the skeleton the latest flashpoint in a long-running debate about the private fossil trade. Dinosaur fossils have fetched escalating prices at auction houses since 1997, when Sotheby’s sold “Sue” the Tyrannosaurus rex to the Field Museum in Chicago for $8.36 million. In 2020, “Stan,” another largely complete T. rex skeleton, sold at Christie’s for $31.8 million. Such pricing has raised serious concerns among academic paleontologists, said Stuart Sumida, vice president of the Society of Vertebrate Paleontology. Many of them have watched fossils that may unlock scientific mysteries get steered into the hands of wealthy private collectors rather than toward research institutions in recent decades.

Persons: Jason Cooper, Sotheby’s, Sue ”, “ Stan, ”, Stuart Sumida Organizations: Apex, Field Museum, Vertebrate Locations: Colorado, Dinosaur, ”, Chicago

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