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☆ I built a 6-figure company designing sets for photoshoots and events. Here's how I turned my college hobby into a business.
▼ + stars: | 2023-03-02 | by ( Skylar Mitchell | ) www.businessinsider.com time to read: +7 min

Dotun Abeshinbioke is a set designer and the owner of Ábiké Studio in New York. She got into set design as a student and started making sets for friends, leading to paying clients. I initially started doing design work for T-shirts and flyers, then I started designing sets to showcase my photography. Ábiké Studio was inspired by my traditional Yoruba name, which means "born to treasure." As a creative studio, we do branding, web design, and experiential design for clients across creative fields.

☆ Bridgewater's new executive team is already making big changes. But was it all part of Ray Dalio's master plan?
▼ + stars: | 2023-03-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

On tap, we've got stories on the top VCs in Texas, more headaches for Blackstone's BREIT, and why boomers stink. Maybe it's just the fear of facing your own mortality and realizing that life, in fact, will go on without you. As Rebecca Ungarino reports, the world's largest hedge fund is making a slew of new changes less than six months after billionaire founder Ray Dalio stepped aside. Bridgewater, which was founded in 1975 from Dalio's two-bedroom apartment, is arguably just as well known for its culture as its size. Edited by Jeffrey Cane (tweet @jeffrey_cane) in New York and Hallam Bullock (tweet @hallam_bullock) and Nathan Rennolds (tweet @ncrennolds) in London.

☆ Goldman Sachs' investor day led to more questions than answers
▼ + stars: | 2023-03-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

David Solomon at Goldman Sachs' 2023 investor day. All eyes were on Goldman Sachs yesterday as the bank held its second-ever investor day. The biggest news of the day was Solomon, along with other key executives, acknowledging the bank was exploring "strategic alternatives" for its consumer business. Hinting at "strategic alternatives" was something people would want to hear more about. And click here to read more about Goldman exploring "strategic alternatives" for its consumer biz.

☆ How NYC's oldest chocolate house survived a century
▼ + stars: | 2023-03-01 | by ( Caroline Mishelle Aghajanian | Amelia Kosciulek | ) www.businessinsider.com time to read: +1 min

The company still makes chocolate following the founder's original recipes and techniques. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyLi-Lac Chocolates is Manhattan's oldest chocolate shop, having survived decades of change in New York City. Since Li-Lac opened in 1923, owners have stuck to the founder's original chocolate recipes while adding new confections along the way. Today, Li-Lac makes its legendary fudge, butter crunch, and truffles, as well as over 1,000 specialty molds for occasions like Easter and Thanksgiving. The company has six locations in New York City, with all of its ingredients made inside its Brooklyn factory.

☆ Here are Wednesday's biggest analyst calls: Apple, Procter & Gamble, Tesla, Spotify, AbbVie & more
▼ + stars: | 2023-03-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Morgan Stanley upgrades Sarepta to overweight from equal weight Morgan Stanley said it's bullish on the company's gene therapy drug, SRP-9001. Morgan Stanley reiterates Rivian as overweight Morgan Stanley said it's standing by its overweight rating on the EV maker after its earnings report on Tuesday, but says it's now a show-me story. Morgan Stanley reiterates Eli Lilly as top pick Morgan Stanley said the stock is best-in-class and that it's bullish on its diabetes drug, Mounjaro. Morgan Stanley names JD.com a catalyst driven idea Morgan Stanley said it's bullish heading into the China e-commerce company's earnings on March 9. Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said it's standing by shares of Microsoft.

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☆ 3 big questions about the state of Goldman Sachs heading into its second-ever investor day
▼ + stars: | 2023-02-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

All eyes are on 200 West Street in lower Manhattan today, the global headquarters of Goldman Sachs and site of the bank's second-ever investor day. Goldman's first investor day, in 2020, included plenty of discussion about the importance of building out its consumer bank. Will new details emerge regarding the asset and wealth management division that show the business is heading in the right direction? Goldman's asset and wealth management division will likely get plenty of attention today. Speaking of David Solomon... Goldman's CEO appeared on a recent episode of the bank's podcast, "Exchanges at Goldman Sachs."

☆ Goldman Sachs pitching wealth clients on investing in Stripe shows how Wall Street drums up exclusive deals for its richest customers
▼ + stars: | 2023-02-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

To that point, Insider's Hayley Cuccinello has a story on how Goldman Sachs offered its richest clients the opportunity to invest in the buzzy fintech Stripe. If I can take the startup client my investment bankers are working with and leverage my wealth clients to help them fundraise, that's a win-win. Even better if the cofounders and employees of said startup turn around and come back to me as wealth clients once I help them get rich. More broadly, this is also just another example of how banks are always finding ways to cater to their rich clients. Click here to read more about how Wall Street is leveraging clients in its investment bank for its wealth business*(OK, I couldn't help myself.

☆ NYC's gaming fight heats up as Saks Fifth Avenue proposes casino at flagship, and developer pitches ferris wheel
▼ + stars: | 2023-02-25 | by ( Bethany Biron | ) www.businessinsider.com time to read: +4 min

Saks Fifth Avenue has placed a bid to build a casino on the upper floors of its flagship store. Saks Fifth Avenue is throwing its hat in the ring for a coveted license to open one of New York City's first casinos. "The Saks Fifth Avenue flagship store is a staple of one of the most iconic streets in Manhattan," the source told Insider. "It is of particular importance to us that we continue to invest in the vibrancy and spirit of Fifth Avenue itself." A rendering of the Saks Fifth Avenue casino lobby.

☆ See inside the penthouse Bill Gates' daughter Jennifer reportedly just paid $51M for in a 'paparazzi-proof' NYC luxury building
▼ + stars: | 2023-02-25 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +1 min

443 Greenwich Street in Manhattan's Tribeca is home to many celebrities and is known for being 'paparazzi-proof' because of its underground garage. The outside of 443 Greenwich Street in Tribeca. Credit David Sundberg/Esto, Courtesy CetraRuddyCelebrities like Jake Gyllenhaal, Justin Timberlake and Jessica Biel, and Blake Lively and Ryan Reynolds have previously purchased apartments in the building. The underground garage is particularly appealing to those who need to dodge paparazzi. "It has been called 'paparazzi-proof' for its punched windows, original brick masonry façade, and secure drive-in garage access."

☆ A day in the life of a delivery driver in NYC working 10-hour shifts and covering 100+ miles
▼ + stars: | 2023-02-24 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +5 min

Native New Yorker Andy Zhicay makes deliveries for the same-day and next-day courier called MetroSpeedy. On any given day, he makes hundreds of deliveries in New York's boroughs, Long Island, or Connecticut. Zhicay says his detailed knowledge of the city makes him good at his job. On a long shift through multiple New York City boroughs and the areas outside, a driver can easily cover 100 miles. "It takes me to spots I would never go without the job," Zhicay said.

☆ Private equity is finally stepping up its tech game. Here's who is leading the charge.
▼ + stars: | 2023-02-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

What's the first thing that pops into your head when you hear the term "private equity?" PE firms do plenty of things quite well (and they are certainly compensated for their work), but their internal tech has never been a top priority. What I find most fascinating about the so-called "digitization" of PE isn't so much the actual tech but the culture. Click here to learn more about the 12 executives helping PE firms get up to speed on cutting-edge tech they can use to source and close deals. Silicon Valley Bank, which is the go-to bank for tech startups, is under pressure amid the market downturn, the Financial Times reported.

☆ Former NYC corrections union chief convicted of bribery wins early prison release
▼ + stars: | 2023-02-24 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

[1/2] Norman Seabrook, (C) the head of New York City's prison guard union, exits the Manhattan District court house in New York, U.S., July 22, 2016. Seabrook, 63, the former head of the Correction Officers' Benevolent Association, has spent 21 months in prison after unsuccessfully appealing his August 2018 conviction. "The sentence Huberfeld originally received reflected an approximate equivalence between the conduct of the bribe giver, Huberfeld, and the bribe taker, Seabrook," Hellerstein wrote. The correction officers union has about 20,000 active and retired members. The case is U.S. v Seabrook, U.S. District Court, Southern District of New York, No.

☆ Young VCs thought the good times would never end. They did, and now they're pissed.
▼ + stars: | 2023-02-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Insider's Stephanie Palazzolo and Madeline Renbarger have a fascinating report on how young venture capitalists who came from investment banking and consulting are not having a good time. I encourage you to read Stephanie's and Madeline's story, which has all the juicy details about the current environment for young VCs. I've written a lot about how young investment bankers view their jobs as a means to an end, as opposed to an actual career. Timing has a lot to do with why young VCs are feeling like they've gotten such a raw deal. Click here to read more about why some young investment bankers are regretting their move to venture capital.

☆ Citadel joins a growing number of firms rolling out internships for undergrads looking for a fast track to the buy side
▼ + stars: | 2023-02-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Investment banks, you've been put on notice: The buy side is coming for your young talent. Insider's Emmalyse Brownstein has a full rundown on an undergrad internship at hedge fund Citadel for aspiring fund managers. The Citadel Associate Program (CAP) is a tough nut to crack, with an acceptance rate of only 1%. Click here learn more about Citadel's ultra-exclusive associate program, along with tips to get ahead during the application process. And if you're wondering who is left leading the world's largest hedge fund, look no further than our list of the fund's top 11 executives.

☆ Three Years Into Covid, We Still Don’t Know How to Talk About It
▼ + stars: | 2023-02-22 | by ( Jon Mooallem | Photographs Ashley Gilbertson | ) www.nytimes.com time to read: +53 min

It will play out and reverberate for years or decades, Hagen told me. “The pathological normal,” Hagen calls it: a patchwork of homespun, bespoke realities, each one invested in a different story about what exactly happened when Covid ruptured the story of our lives. garb.”More than once, life seemed to be attaining “an uncanny resemblance to normal life,” as one man put it. But because we don’t totally understand where that experience has delivered us, we don’t know the right gloss to give it. “The days are strange,” one public-school teacher told Milstein toward the end of his first interview, in May 2020.

☆ Here's how a more permanent hybrid work equation will impact NYC
▼ + stars: | 2023-02-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's how a more permanent hybrid work equation will impact NYCKathryn Wylde, Partnership for New York City CEO, joins 'Squawk Box' to discuss the economic impact of remote work and whether companies will begin to give up office space.

☆ PayPal's CEO search amid an uncertain economy will be no easy task
▼ + stars: | 2023-02-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

In case you missed it, PayPal CEO and President Dan Schulman announced his plan to retire at the end of 2023 earlier this month. Coming off an extremely difficult 2022, and with competition seemingly coming at them from every which way, PayPal has to find a new CEO. I hesitate to compare this to the seemingly never-ending CEO search at Carlyle, but it's easy to see how a difficult quarter or two could complicate this entire search. The rich stay rich thanks to another loophole that helps them save on taxes. Elliott Management's Paul Singer and Two Sigma's David Siegel both played second fiddle to Haidar Capital's Said Haidar in 2022 when it came to comp.

☆ Alligator captured in Brooklyn's Prospect Park Lake
▼ + stars: | 2023-02-20 | by ( ) www.reuters.com time to read: +1 min

[1/2] Members of the Parks Enforcement Patrol and Urban Park Rangers capture an alligator from a lake in Prospect Park in the Brooklyn borough of New York City, U.S., February 19, 2023. Courtesy of NYC Parks/Handout via REUTERSFeb 20 (Reuters) - New York City park staff stumbled across a sickly alligator in Brooklyn's Prospect Park this weekend, the Parks Department said, and rangers captured the lost reptile and brought it to the Bronx Zoo for care. Park maintenance staff found the alligator in Prospect Park Lake on Sunday morning, in the heart of the concrete jungle, and noted that it appeared lethargic and in a state of cold shock. The New York City Parks department issued a public warning against releasing non-native animals into the city's environment, which is illegal. New York City Urban Park Rangers respond to about 500 calls regarding animals in poor condition each year.

☆ Catalytic converter thefts are on the rise across the country. Russia could make it worse.
▼ + stars: | 2023-02-20 | by ( Taiyler Simone Mitchell | ) www.businessinsider.com time to read: +3 min

NYC saw a rise of 5,000 cases of catalytic converter thefts in just one year. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyThere has been a stark rise in catalytic converter thefts across the country since 2019 and there's a chance Russia could make it worse. "Catalytic converters are easy to steal, but generally very difficult to trace to a specific vehicle, allowing them to be sold on the black market. The lack of traceable identifying marks makes the theft of catalytic converters difficult to curb," a NADA press release says. Catalytic converter thefts have spiked all over the world, including the United Kingdom and Japan, Insider previously reported.

☆ Here's who's keeping top payment players like Stripe, PayPal, and Square ahead of the competition
▼ + stars: | 2023-02-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Fun fact Friday: The only letter of the alphabet that doesn't appear in a US state name is "Q." There are plenty of reasons to want to get in (money changes hands A LOT, whether it's between people, companies, or both). This list from Insider's Bianca Chan and Paige Hagy looks at the people pushing top payment companies to stay ahead of the innovation curve. Bianca and Paige spoke to more than a dozen industry insiders to identify executives who are making sure companies like PayPal, Stripe, Apple, and Visa are keeping the competition at bay. Click here to check out eight executives ensuring the top payment players stay ahead of the competition.

☆ Chick-fil-A is opening a break room for New York food delivery drivers to get coffee or use the restroom between orders, addressing some of the biggest complaints about the job
▼ + stars: | 2023-02-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Chick-fil-A is opening a pop-up break room in New York City for delivery drivers. To get access, delivery drivers just need to show proof that they've completed any food delivery, not just a Chick-Fil-A delivery, within the past week for DoorDash, UberEats, Grubhub, Postmates, Caviar, or Seamless. By providing these services, Chick-fil-A is offering a solution to some of the biggest complaints delivery drivers have about their jobs. Some delivery drivers even say they carry plastic bottles to pee in while working. The lack of facilities for New York's estimated 65,000 food delivery drivers has been an ongoing discussion for some time.

☆ U.S. Republicans target transgender youth healthcare in legislative push
▼ + stars: | 2023-02-16 | by ( Daniel Trotta | ) www.reuters.com time to read: +4 min

The aggressive legislative push comes as battles over gender and sexuality increasingly are being fought in U.S. classrooms, courtrooms and political campaigns. Republicans including former President Donald Trump have embraced restricting trans rights ahead of the 2024 White House race, a push that trans advocates fear will harm transgender children. Gender-affirming care covers a variety of treatments, including puberty blockers, hormone therapy and, in exceedingly rare cases for trans people under 18, surgery. But many opponents of trans rights believe that the sex assigned at birth is immutable and distrust the prevailing opinions of medical associations with specialties in pediatrics, endocrinology and mental health. Governors in South Dakota and Utah have already signed into law gender-affirming care bans that state legislatures passed this year.

☆ These bankers got deals done despite a dismal environment
▼ + stars: | 2023-02-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Top M&A bankers of 2022. That's why you could argue that this year's edition of "The Rainmakers" — Insider's annual list of the 20 M&A bankers who handled the largest deals of the year in North America — is more impressive than previous editions. What's interesting about this year's list is how it was made up of bankers almost entirely from the bulge-bracket. Check out our list of the top-20 M&A bankers who made the most during a difficult year for dealmaking. Jeff Bezos' $500 million yacht finally hit the open water.

☆ Chick-fil-A opens NYC ‘break room’ for delivery workers
▼ + stars: | 2023-02-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

New York CNN —Covid spurred more people to order food out, making delivery workers busier than ever. Courtesy of Chick-fil-A, Inc.“For Chick-fil-A, the food delivery community has become an increasingly important part of each restaurant’s business,” the company said in a statement Wednesday. For Chick-fil-A, caring for delivery workers is also a way to protect the brand’s reputation. Mayor Eric Adams in October announced an initiative that will create hubs for delivery workers, turning empty spaces like vacant newsstands into rest areas. Adams noted at the time that “while most people have a break room to rest while at work, app-based food delivery workers do not.”

☆ The behind-the-scenes role that's minting future stars at BlackRock
▼ + stars: | 2023-02-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Some of the most powerful people on Wall Street are men and women you've never heard of. Click here to learn more about BlackRock's new chief of staff and why the role is rising in importance across Wall Street. Everybody wants macro traders. A fintech helping companies engage with their retail investors got backing from Alexis Ohanian's Seven Seven Six. These are the top 10 holdings in the church's investment portfolio, including one Wall Street titan.

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