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☆ 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

☆ Trump's jury asked to re-hear the judge's 'rain metaphor' instruction — here's what that might mean
▼ + stars: | 2024-05-30 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewThe jury in Donald Trump's criminal hush-money trial had a specific request before starting deliberations on Thursday — they asked to hear again what they described in a note as the judge's "rain metaphor" instruction. It advises a jury that they can infer that it's raining — by seeing someone's wet umbrella, for example — even if they don't see the rain themselves. The "rain metaphor," as the jury note called it, is often used by judges in jury instructions. AdvertisementOn Wednesday afternoon, they asked for the judge to read back roughly a half-hour of testimony. After the judge completed his recitation of the jury instructions, two of the court stenographers re-read portions of the testimony.

Persons: —, Donald Trump's, Juan Merchan, Merchan, scribbled, Trump, Stormy Daniels, Daniels, Donald Trump, MARK PETERSON, Getty Images Trump, Michael Cohen, stenographers, David Pecker Organizations: Service, Business, New, Trump, Getty Images, Election, National Enquirer Locations: raincoats

☆ Our son is named after a cartoon dog. He loves having an unusual name.
▼ + stars: | 2024-05-29 | by ( Bethaney Phillips | ) www.businessinsider.com time to read: +4 min

My son was named after a cartoon dog: Copper, from the "Fox and the Hound." We have met many dogs named Copper in the nearly seven years of his life. The 1981 film follows a dog named Copper and a fox named Todd who become the best of friends, so it was only natural we had a fox-themed nursery when Copper was born. Bethaney Phillips and her husband named their first son Copper and their second son Colt. It's pretty straightforward, yet, here we are, finishing his kindergarten year, with people still surprised — and even delighted — at the boy named after the cartoon dog.

Persons: Disney, Todd, Copper, it's, I've, Cooper, Colt, doesn't, Bethaney Phillips, we'd, he's, — Organizations: Service, Fox, Business

☆ GameChanger's AI tech is helping support youth sports and showcase more than 7 million games annually
▼ + stars: | 2024-05-29 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +5 min

This article is part of "CXO AI Playbook" — straight talk from business leaders on how they're testing and using AI. AdvertisementFor "CXO AI Playbook," Business Insider takes a look at mini case studies about AI adoption across industries, company sizes, and technology DNA. We've asked each of the featured companies to tell us about the problems they're trying to solve with AI, who's making these decisions internally, and their vision for using AI in the future. Users capture more than 7 million games annually through the smartphone app, with more than 750,000 teams using the platform each year. The company is also planning to expand its engineering and product teams to bolster its AI competency.

Persons: —, We've, GameChanger's livestreaming, Sameer Ahuja, GameChanger, Ahuja, What's, he's Organizations: Service, Dick's Sporting, Resource, for Child, Health, Little League, USA Baseball, Coaches Locations: New York City

☆ Hong Kong arrests six for social media posts in first use of new local national security law
▼ + stars: | 2024-05-28 | by ( Nectar Gan | ) edition.cnn.com time to read: +3 min

CNN —Hong Kong police have made their first arrests under a newly passed local national security law over social media posts deemed “seditious” by authorities. “Those who intend to endanger national security should not have the delusion that they can avoid police investigation by going anonymous online,” the statement added. The arrests marked the first time Hong Kong’s own national security law had been invoked since it was unanimously passed by the city’s opposition-free legislature in March. The legislation introduces 39 new national security crimes, adding to an already powerful national security law that was directly imposed by Beijing on Hong Kong in 2020 after huge and sometimes violent pro-democracy protests the year before. The local national security legislation covers a raft of new crimes including treason, espionage, external interference and unlawful handling of state secrets, with the most serious offenses punishable by up to life imprisonment.

Persons: netizens, “, Hong, John Lee, Lee Organizations: CNN, Hong, police Locations: Hong Kong, Beijing, China

☆ Homes on billionaire hot spot Nantucket are falling into the ocean at an alarming rate — but the wealthy won't stop buying
▼ + stars: | 2024-05-24 | by ( Madeline Berg | Dan Latu | ) www.businessinsider.com time to read: +14 min

Over the past two centuries, Nantucket has gone from a whaling town to a hippie refuge to a holiday hot spot for billionaires. "To use a well-worn phrase, come hell or high water, people are still buying multimillion-dollar homes on Nantucket." Between 2030 and 2100, the number of structures exposed to coastal erosion is expected to go from 113 to 860. "Without erosion, this would be an extremely valuable area," Baxter Road resident Joshua Posner told BI. "It's not inexpensive, but it is worth doing," Posner told BI.

Persons: Steve Schwarzman, Eric Schmidt, Barry Sternlicht, Elizabeth Gibson, David L, Ryan, Bruce Percelay, Edward Sanford's, he'd, Percelay, Greg Mckechnie, you'd, Barry Sternlicht's, Suzanne Kreiter, Shelly Lockwood, who's, I'm, Joshua Posner, Jack Welch, Bill Belichick, —, Sanford, Lockwood, Nature, Yorker Brendan Maddigan, Maddigan, Mckechnie, Schwarzman, She's, Posner, he's, Helmut Weymar, Anne Atherton Organizations: Resilience, Business, Boston Globe, Getty, Estate, Nantucket, Coastal, Nantucket's Cisco, Cisco, Beach, Patriots, Yorker, Preservation Fund, Baxter, Conservation, Conservancy, The New York Times, Conservation Commission, Nature Locations: Nantucket, England, Cape Cod, Nantucket's, Madaket, Sconset, Brant, Baxter

☆ My mom and I live on different continents, but we're closer than ever. We text every day and FaceTime every weekend.
▼ + stars: | 2024-05-23 | by ( Demi Drew | ) www.businessinsider.com time to read: +4 min

Courtesy Demi DrewI've only seen her 3 times since I movedIn seven years, I've seen my mom three times. Collectively, I've spent six weeks with her the entire time I've lived abroad. I remember having my heart broken for the very first time, sobbing hysterically to my mom on FaceTime and being unable to hug her. Photo credit: Mauricio MerinoI actually appreciate her more nowDespite the 9,000 miles that separate us, my mom and I are closer than ever. Finding ways to connect with my mom and the life she lives in South Africa means being intentional with my time and how I choose to spend it.

Persons: I've, Demi Drew, Demi Drew I've, Demi Drew's, hysterically, I'm, Mauricio Merino Organizations: Business, Bridge, Central, Netflix Locations: Brooklyn , New York, Port Alfred, South Africa, New York, Central Park

☆ Amazon’s new cloud boss inherits a business under pressure to keep pace in AI
▼ + stars: | 2024-05-23 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +12 min

"It's very early days in generative AI," said Jassy, who succeeded Jeff Bezos as CEO in 2021. Davidson, told CNBC that Amazon was "caught flat-footed" by the generative AI boom. During a Q&A session on Wednesday, Jassy was asked twice about the status of Amazon's generative AI efforts. He said the company is "seeing a lot of momentum" in generative AI within AWS to where it's now a multibillion-dollar business based on annualized revenue. Amazon has previously said it intends to use generative AI to make Alexa more conversational.

Persons: Noah Berger, Andy Jassy, OpenAI's ChatGPT, Adam Selipsky, Jassy, Jeff Bezos, Matt Garman, Gil Luria, Davidson, Luria, Bezos, Selipsky, Casey McGee, McGee, Anthropic, Dario Amodei, OpenAI, it's, Garman, Amazon, wasn't, Dilip Kumar, Kumar, Swami Sivasubramanian, Jamie Meyers, Meyers, Matt, Jordan Novet, Kate Rooney Organizations: Web Services, Getty, Amazon, Microsoft, Google, D.A, CNBC, Amazon Web, Alexa, AWS, Nvidia, ChatGPT, Accenture, Toyota, Nasdaq, Investments Locations: Las Vegas, Vegas, Bezos, Anthropic

☆ I was a stay-at-home mom for 7 years. When I updated my résumé, I realized that so much of mothering applies to jobs.
▼ + stars: | 2024-05-22 | by ( Nina Weierman | ) www.businessinsider.com time to read: +3 min

For those in the daily grind, that is probably hard to understand, but as a stay-at-home mom, there are things that I miss about having a job to go to every day. Things like getting dressed and having conversations with someone above the age of 6, for one, but also things like doing work that is validated by society. I felt like I needed to explain the gap in my resuméOnce I finished editing my résumé, I couldn't help feel the need to explain more about what I have been doing as a stay-at-home mom. Related storiesJust the term "stay-at-home" mom makes me cringe because it immediately brings up these images of a woman sitting in her house to mind. Yet here I am, just hoping someone will read between the lines on my résumé on everything that means to be "just" a mom.

Persons: —, I've Organizations: Service, Business, Mother's

☆ A GenX chef says he's weaning off food delivery apps like DoorDash and Uber Eats because of 2 big downsides. Here's what he's doing instead.
▼ + stars: | 2024-05-21 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

When the food-delivery apps like DoorDash, UberEats, and Grubhub came out, he signed up, like many restauranteurs. Food delivery apps have also come under scrutiny for charging customers high fees and underpaying drivers. He said one issue was quality control, adding that the food-delivery apps don't always do enough to vet drivers. AdvertisementMarciante uses Owner.com, a startup that has raised millions in funding to help restaurants ditch the food-delivery apps. The other food-delivery apps did not respond to requests for comments from BI.

Persons: —, Tony Marciante, Grubhub, BI's Alex Bitter, Marciante, There's, he'd, Uber, DoorDash, Tony's Organizations: Service, Business, BI Locations: Bethesda , Maryland, Rockville , Maryland

☆ I've lived on the Amalfi Coast for 17 years. Here are the 7 mistakes tourists should avoid making while visiting.
▼ + stars: | 2024-05-17 | by ( Laura Thayer | ) www.businessinsider.com time to read: +6 min

Read previewI believe every trip to the Amalfi Coast should be just as beautiful as the coastline itself. Here are the seven most common mistakes I see tourists make while visiting the Amalfi Coast. Additionally, ferry service connecting the Amalfi Coast villages only runs during the tourist season. Seeing the Amalfi Coast on a day tripMany tourists choose to visit the Amalfi Coast on day trips. AdvertisementForgetting to carefully check accommodation details before arrivalNothing ruins a trip to the Amalfi Coast like a bumpy arrival.

Persons: —, Laura Thayer, It's, Positano, Romano Organizations: Service, Business, Museo, Paper Locations: Amalfi, Amalfi Coast, I've, Minori, Maiori, Tramonti, Vietri sul Mare, Praiano

☆ PGA Championship: Xander Schauffele ties major record again as Scottie Scheffler eagles first hole as a Dad
▼ + stars: | 2024-05-16 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

CNN —Only four times in the history of all four men’s major championships has a golfer shot 62. “I’ll take a 62 in any major any day,” Schauffele told reporters Thursday. Scheffler shot 67 to pen the latest positive chapter in the unfolding story of a truly remarkable year. Matt York/APTiger Woods had looked on course to make a solid start of his own at his 23rd PGA Championship, only for a closing pair of sloppy three putts to drop him to one-over 72. Defending champion Brooks Koepka was among those to shoot 67 as he hunts a fourth PGA Championship win, two strokes better than grand slam chasing compatriot Jordan Spieth.

Persons: Xander Schauffele, Schauffele, Rickie Fowler, ” Schauffele, “ It’s, Ross Kinnaird, Branden Grace, Rory McIlroy, “, ”, ” Scheffler, Scottie Scheffler, Scheffler, Matt York, Woods, “ I’ve, I’ve, ” Woods, Christian Petersen, Tony Finau, Sahith, McIlroy, Robert MacIntyre, Brooks Koepka, Jordan Spieth, Schauffele teeing Organizations: CNN, Valhalla Golf, PGA, 126th, Wells, Getty, Scottish Ryder Locations: blitzing, Valhalla, Kentucky, Southport , England

Thedieck, now 31, is still in the military, and has gotten an awful lot of what he's wanted ever since. Darren Thedieck, age 31, joined the Air Force at age 18. Saving on a military salaryThedieck was interested in saving and investing long before he joined the Air Force. Right now, though, the plan is for that money to provide a financial "cushion" for the family, Thedieck says. Instead of full retirement after military life, both he and Naudia plan to take off in a new direction.

Persons: Darren Thedieck wasn't, he's, Thedieck, He's, Darren Thedieck, Andrea Ferro, Naudia, Denmark —, he'll, — Warren Buffett, Benjamin Graham, Darren, That's, They're Organizations: CNBC, U.S . Air Force, Air Force, titans, Social Security, Service Credit Union, Apple, Disney, Netflix, Spotify, FIRE Locations: Las Vegas, England, South Korea, Germany, Aviano, Italy, Venice, Denmark, United States

☆ I've been a makeup artist for 7 years. Here are 9 products I get from Sephora for under $25.
▼ + stars: | 2024-05-13 | by ( Morewa Osawaru | ) www.businessinsider.com time to read: +1 min

As a makeup artist, I often shop at Sephora for great beauty products under $25. AdvertisementSephora offers so many great, high-quality beauty finds that it can be overwhelming to figure out which items are worth purchasing. This is especially true as more beauty enthusiasts buy their products online, leaving them unable to try out an item in person. As a makeup artist, I've tried what feels like an endless number of makeup and skincare items. Here are nine products at Sephora that cost less than $25 and deliver impressive results.

Persons: —, I've Organizations: Service

☆ I'm an American and lived in the Netherlands for 4 years. Subsidized childcare allowed me to start my own company.
▼ + stars: | 2024-05-13 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +5 min

In 2016, when I was seven months pregnant and my oldest son was 6, we moved to the Netherlands for my husband's work. During my time there, I noticed several differences between raising a family in the Netherlands and in the United States. Most parents would say "don't parent my child" or "don't tell me how to parent my child". Childcare is subsidizedSince childcare is subsidized in the Netherlands, I was able to start my own circular children's clothing company even while raising young children. AdvertisementWhen we were in the Netherlands, they didn't really start reading until 7 years old.

Persons: weren't, we've, haven't Organizations: Service, Business, Washington DC Locations: Philadelphia, Netherlands, United States, —, America, Washington

☆ Melinda French Gates to Resign From Gates Foundation
▼ + stars: | 2024-05-13 | by ( Santul Nerkar | More About Santul Nerkar | ) www.nytimes.com time to read: +1 min

Melinda French Gates, one of the world’s most influential philanthropists and the ex-wife of Microsoft co-founder Bill Gates, announced Monday that she was resigning from the foundation that she and her husband founded. In a post on X, Ms. Gates said she was “immensely proud” of the work of the Bill and Melinda Gates Foundation, which she and Bill Gates started in 2000. As one of the biggest donors at the World Health Organization, it exerts a considerable level of influence over the policies in developing countries, especially in health and education. Mr. and Ms. Gates announced their plans to divorce in May 2021, after 27 years of marriage. The foundation at the time said they would remain co-chairs of the organization.

Persons: Melinda French Gates, Bill Gates, Gates, Melinda Gates Organizations: Microsoft, Melinda Gates Foundation, World Health Organization

☆ This popular cat breed has a much shorter lifespan than others, new research shows
▼ + stars: | 2024-05-08 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

Before you head to the shelter, take heed – not all cat breeds are in it for the long haul. While domestic cats regularly live to 18 years old, the hairless Sphynx breed has an average life expectancy of just 6.8 years, the lowest of any domestic breed of cat, according to new research. Sphynx cats are a hairless breed that originated in Ontario, Canada, where a hairless male kitten named Prune was born in 1966, according to the Sphynx Cat Association. The average life expectancy for domestic cats in Britain was 11.7 years. They found that the average life expectancy for cats in the UK was 11.7 years, and female cats could expect to live 1.33 years longer than males.

Persons: –, Kendy Teng, we’re Organizations: CNN, Royal Veterinary College, Chung Hsing University, of Feline Medicine, Cat Association, Animal Welfare Locations: United Kingdom, Taiwan, Ontario, Canada, Britain

☆ I tried the app TikTokers could embrace if a ban becomes reality — I'm not convinced it will attract Gen Zers
▼ + stars: | 2024-05-07 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

The app's founder, Edison Chen, described it as "a space for the older generations to feel more comfortable" in an interview with D Magazine last year and somewhere "the parents of TikTok users can express themselves." AdvertisementThe spokesperson said that since the House voted on a TikTok ban, Clapper has seen 30,000 new users. While the app heavily leans on Gen X and Y, the spokesperson said Clapper is adjusting its strategy "to appeal to younger audiences." It would remind me a bit of early Vine, but a lot of content I'm being served seems to be reposted old clips scraped from YouTube and other platforms. On Clapper, I'm watching without really thinking.

Persons: —, Joe Biden, Edison Chen, Chen, I'm, Zers, TikTok, Shannon Lee, Allie, Rebecca Starkey, It's, vaxxers Organizations: Service, Business, D, Pew Research Center, YouTube, Facebook

☆ Palestinians fleeing Rafah describe their fear and despair: ‘I am leaving for the unknown’
▼ + stars: | 2024-05-06 | by ( Helen Regan | ) edition.cnn.com time to read: +8 min

CNN —Palestinian civilians told to evacuate eastern Rafah by the Israeli military have described their fear and despair at being uprooted from their homes and shelters, as Israel airstrikes hit Gaza’s southernmost city. “We left because they distributed leaflets,” Mohammed Ghanem, a resident in eastern Rafah told a CNN stringer in the area on Monday. They are killing women and children.”Another woman from eastern Rafah said, “The Israelis sent us messages ordering us to leave. It is not only my feeling, it is everyone’s feeling.”Many of those leaving eastern Rafah have been previously displaced multiple times as Israel’s focus moved from city to city. A woman called Maha said Palestinian civilians were at the mercy of the Israeli military.

Persons: ” Mohammed Ghanem, “, ”, Ghanem, Khan Younis, Ramadan Abed, Volker Türk, Faisal Barbakh, Malek, Yousef, ’, Mohammad Abu Khamash, It’s, ” Scott Anderson, Jan Egeland, Ahmad Safi, Safi, Abu Salah, Maha Organizations: CNN, Reuters, United Nations, Norwegian Refugee Council, Israel Defense Forces, Frontieres, ” MSF, UN Children’s Fund, UNICEF, UN, Palestinian Civil Defense Locations: Rafah, Israel, “, Mawasi, Gazan, Rafah’s, Gaza, ”, Israeli, Palestinian

☆ How Shruti Gandhi, a solo venture capitalist with 15 exits in 5 years, went from underestimated to unstoppable
▼ + stars: | 2024-05-06 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

Shruti Gandhi has a simple rule for meeting founders: She only takes the meeting if she wants to invest. Being the solo general partner of her firm, the early-stage outfit Array Ventures, also means she can get deals done quickly. Over the past five years, she's returned most of her maiden $7 million fund to limited partners at a net multiple of almost four. For founders, by foundersThe founders Gandhi has backed like working with her because of her technical chops and hands-on approach. We will back you if you raise a fund,'" Gandhi said.

Persons: Shruti Gandhi, Gandhi, Nikhil Teja Kolli, Kolli, she's, wasn't, Dumbledore, Harry Potter, Champ Bennett, Zimperium's Zuk Avraham, Mehul Nariyawala, Google —, Doktor Gurson, Gurson Organizations: Ventures, Business, PayPal, IBM, Columbia University, True Ventures, Samsung, Google, University of Chicago Booth School of Business, Rad Locations: India, Poughkeepsie , New York, She's

☆ Kevin Spacey Responds to Claims of Sexual Assault by 9 New Victims
▼ + stars: | 2024-05-05 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

Read previewKevin Spacey has addressed new allegations of sexual assault brought to light in a documentary set to air in the UK. In a 98-minute interview with British journalist Dan Wootton, posted to X on Friday, Spacey commented on the claims made in the documentary. For others, including claims by actors Ruari Cannon and Danny De Lillo, who have waived their anonymity to give interviews about their experiences with Spacey to publications this weekend, Spacey denied any wrongdoing. A representative for Spacey did not respond to a request for comment from Business Insider sent outside regular working hours. AdvertisementThe following year, a London court found Spacey not guilty on nine charges, including sexual assault, which were alleged to have been committed between 2001 and 2013 against four men.

Persons: —, Kevin Spacey, Spacey, Ryan, Dan Wootton, who's, “ I’ve, ”, Oscar, — Dan Wootton, it's, Ruari Cannon, Danny De Lillo, Melinda Sue Gordon, Lillo, Cannon, Anthony Rapp Organizations: Service, Hollywood, Business, Channel, ID, British, London's Old, Business Insider Locations: British, @danwootton, New York, London

☆ Inside Rep. Rob Menendez's fight to be more than a 'nepo baby'
▼ + stars: | 2024-05-04 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +19 min

"I don't have the capacity to think through, well, what if, what if, what if," Menendez told me. Mayor Bhalla told me that he began contemplating his primary challenge shortly after the elder Menendez was first indicted in September. AdvertisementSitting in his recently opened campaign office, the mayor told me that the most important facet of his candidacy was his fight against New Jersey's party boss-driven political culture. "Everything here is a headline or a deadline driving the process," Councilman Paul Presinzano said of Mayor Bhalla. Menendez looks on as Bhalla's opening remarks at a Jersey City candidate forum are filmed by a cameraman.

Persons: Rob Menendez —, Sen, Bob Menendez —, Ravi Bhalla, Menendez, —, Rob Menendez, Bob Menendez, who's, that's, frat bro, I've, Stephen Chernin, he's, father's, Phil Murphy, Bhalla, Pete Buttigieg, outraise Menendez, Ted Shaffrey Bhalla, Menendez —, there's, They're, Andy Kim, Tammy Murphy, James Solomon, you've, hasn't, bossism, Anna Moneymaker, deriding, didn't, I'm, wasn't, we're, It's, Sam Bankman, rZ6H2IB4N0, — Rob Menendez, @RobMenendez4NJ, Councilwoman Tiffanie Fisher, Kim, Fisher, Paul Presinzano, Union City —, Donald Trump, Bryan Metzger, Rob's, Tammy Murphy's, He's, Cory Booker, Rob Menendez Bhalla, Steve Fulop —, corruptly Organizations: Hoboken, Service, Nike Air Force, Gov, Port Authority of New, New Jersey ., Sikh American, Congress, South, AP, New, Democratic Rep, First, Jersey City, Getty, Lipton Tea Company, House Transportation, Infrastructure, Union City, Homeland Security, Democratic, House Democratic, Facebook Locations: New Jersey, Manhattan, Jersey, Hoboken, Port Authority of New York, he's, Jersey City, Washington ,, Washington and NJ, Menendez's, Union City

For most of its 27 years as a public company, Amazon investors have been asked to sacrifice profit for growth. In its first-quarter earnings report on Tuesday, Amazon's operating margin reached double digits for the first time on record. Operating income more than tripled in the quarter to $15.3 billion, while net income also jumped more than 200% to $10.4 billion. Almost two-thirds of operating income for all of Amazon came from AWS, which is now generating over $100 billion in annualized revenue. Operating income will be $10 billion to $14 billion, up from $7.7 billion a year earlier.

Persons: Andy Jassy, Andy, Andy Jassy's, Tom Forte, CNBC's, Brian Olsavsky, Olsavsky, That's, Jassy, he's Organizations: Amazon, Seattle, Maxim Group, Revenue, Amazon Web Services, AWS, Technology, Microsoft, Google Locations: Seattle

☆ I grew up homeless and was a millionaire by 35. I'm teaching my kids to budget so they always have stability.
▼ + stars: | 2024-04-28 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

I had a home, and I also knew I wanted money. That's when I really started thinking about the life I wanted my children to live. Our kids save for their wantsBoth my kids earn money through doing chores. I want my kids to be motivated, not entitledThere are many things I'm able to give my kids that my parents couldn't give me. I'm thrilled to be able to offer my kids the kind of life I only saw on television.

Persons: —, Stephanie Mearse, Joseph, Vincent, I'd, Tiffany, they'll, They'll Organizations: Service, Business

Has South Africa Truly Defeated Apartheid? U.S.A., 2020 – 63% U.K., 2019 – 62% 60% 49% 40% 20% 1994 2004 2014 2019 Sources: Collette Schulz-Herzenberg, "The South African non-voter: An analysis"; Konrad Adenaur Stiftung, 2020 (South Africa); Pew Research (United States and U.K.)On a continent where coups, autocrats and flawed elections have become common, South Africa is a widely admired exception. −4% −6% Sources: Harvard Growth Lab analysis of World Economic Outlook (South Africa and sub-Saharan Africa) and World Development Indicators (upper-middle-income countries). 50% unemployment rate 40% Black unemployment rate 30% The unemployment gap between Black and white South Africans remains wide. In 2022, about 6 percent of South Africans aged 18 to 29 were enrolled in higher education, according to Statistics South Africa.

Persons: Nelson Mandela, they’ve, Collette Schulz, Konrad Adenaur Stiftung, —, Walter Sisulu, Joao Silva, New York Times Jack Martins, ”, Mandela’s, Wandile Sihlobo, Johann Kirsten, Sihlobo, Kirsten, haven’t, Zinhle Nene, Peter Mokoena, “, Mokoena, Nokuthula Mabe, Mabe, Jacob Zuma, Chrispin Phiri, Cyril Ramaphosa, Israel, Sibusiso Zikode, Zikode, Mr Organizations: African National Congress, Pew Research, Human Sciences Research, World Bank, Black South, Charter, New York Times, University of Cape Town’s Liberty Institute of Strategic Marketing, Johannesburg Stock Exchange, Economic Empowerment, South, Harvard, Economic, Government, Black, Mr, Stellenbosch University . White, Statistics, Security, JOHANNESBURG Jobs, JOHANNESBURG Sandton Downtown, West University, Education, Statistics South, General Household Survey, of, Stellenbosch University, Ministry of Justice and Correctional Services, Institute for Security Studies, International Court of Justice Locations: Africa, South Africa, Black, States, Soweto, Kliptown, Johannesburg, South, Saharan Africa, Carletonville, JOHANNESBURG, Downtown Soweto, JOHANNESBURG Sandton, JOHANNESBURG Sandton Downtown Soweto, North, Mahikeng, Botswana, Statistics South Africa, Brazil, Mexico, Philippines, African, Germany, Russia, India, China, Ethiopia, Burundi, Zimbabwe, Ukraine, New York Times South Africa, Gaza, Durban, South Africa’s

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