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☆ Elon Musk Hasn't Killed Twitter, He's Just Made It Irrelevant
▼ + stars: | 2023-07-12 | by ( Linette Lopez | ) www.businessinsider.com time to read: +13 min

It's been less than a year since he bought it, and Elon Musk's Twitter is already well on its way to suffering a fate worse than death — irrelevance. How you do a turnaroundIn the early days of Musk's Twitter takeover, I told you he was overpaying for the company. Unfortunately for Twitter, Musk is not a traditional turnaround guy. Maybe, to Musk, that's a crusade worth sacrificing the very thing that makes Twitter special. Maybe this is the site Musk wanted in the first place.

Persons: It's, Elon, irrelevance, Musk, Ron DeSantis, Rihanna, Mark Zuckerberg's Meta, Alexandria Ocasio, Cortez, Jennifer Lopez, Steph Curry, Donald Trump's, he's, tweeting, Vicki Bryan, Bond Angle, Goldman Sachs, Twitter hadn't, Linda Yaccarino, That's, Bryan, Morgan Stanley, what's, Jack Dorsey, —, Instagram, Lina Khan, hasn't, Meta, Zuckerberg, he'll, Linette Lopez Organizations: Elon Musk's Twitter, Gov, Twitter, Super, Metropolitan Transportation Authority, MTA, Oracle, Google, Fidelity, Wall Street, Pew Research, Pew, Federal Trade Commission, Meta Locations: Florida, Alexandria, New York

☆ Iowa Republicans pass a new 6-week abortion ban
▼ + stars: | 2023-07-12 | by ( Adam Edelman | ) www.cnbc.com time to read: +7 min

Reynolds, in a statement issued moments after the bill was passed, said she would sign the bill on Friday. As it currently stands, abortion remains legal in Iowa until the 20th week of pregnancy. The bill passed by Republicans, who control the Legislature, would ban abortions at the sixth week of pregnancy — or when, in some cases, a fetal pulse can first be heard via ultrasound. Republicans have often struggled to talk to voters about abortion rights in the year since the Supreme Court's Dobbs ruling overturned Roe v. Wade. The latest bill is nearly identical to a six-week ban that remains permanently blocked following an Iowa Supreme Court ruling last month.

Persons: Kim Reynolds, Reynolds, —, Holmes, Zach Boyden, Connie Ryan, Amy Bingaman, Bingaman, Iowans, Vicki Miller, Court's Dobbs, Roe, people's, Ron DeSantis, Mike Pence, Nikki Haley, Sen, Tim Scott of, Vivek Ramaswamy, Ramaswamy, Ruth Richardson, Dana Oxley, Oxley Organizations: Capitol, U.S . Iowa Republicans, Republican Gov, Republicans, Protesters, Iowa, Iowa Interfaith Alliance, Democratic, Republican, Florida Gov, South Carolina Gov, Democrats, Central, Iowa Supreme Locations: Iowa, Des Moines , Iowa, U.S, Des Moines, Tim Scott of South Carolina, Central States

☆ How to ace a cold email, according to hiring experts: 'Change your mindset to a warm email'
▼ + stars: | 2023-07-03 | by ( Isabel Engel | In Isabel--Engel | ) www.cnbc.com time to read: +5 min

A cold email is an important way to network within your potential field of interest, Monster career expert Vicki Salemi tells CNBC Make It. To successfully send a cold email — and get on your dream company's radar — hiring experts share their tips in this step-by-step guide. Establish a connectionHow to ace the art of the cold email? Ultimately, Salemi says that warm emails, based on commonalities, are often more successful than cold emails. "Try to change your mindset from a cold email to a warm email," Salemi says.

Persons: —, Vicki Salemi, Salemi, that's, Sarah Doody, Doody, — Salemi, I'm Organizations: CNBC

☆ Opinion: Supreme Court drops the H-bomb and D-bomb
▼ + stars: | 2023-07-02 | by ( Richard Galant | ) edition.cnn.com time to read: +15 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Graduates of Harvard and other Ivy League schools earn significantly more than most college graduates –— the credential opens doors. Maybe the best confirmation of that is that eight out of the nine Supreme Court justices went to law school at either Harvard or its Ivy rival, Yale. “The court’s decision Thursday is consistent with its view that race-based preferences should and would have a limited shelf life. And the Supreme Court has just guaranteed that this will be the case for many years to come.”“The court made the right decision,” wrote Ilya Somin, a law professor at George Mason University.

Persons: Harvard College Dean Rakesh Khurana, ”, Harvard isn’t, –, Michael Gerhardt, Roe, Wade, Donald, Trump, Bill Bramhall, Tan, ” Ana Fernandez, Richard Kahlenberg, Harvard …, Lanhee Chen, Peniel, Joseph, Joe Biden’s, Rachel Clark, “, Ilya Somin, Biden, ” Clay Jones, Somin, Leah Litman, isn’t, aren’t, Timothy Holbrook, Nicole Hemmer, Drew Sheneman, Phil Hands, Julian Zelizer, Yorkers, Walt Handelsman, Jill Filipovic, ’, Patrick T, Brown, DeSantis, Duncan Hosie, Ken Ballen, Trump Jack Ohman, Jennifer Martin, ” Martin, Vladimir Putin’s, Yevgeny Prigozhin, Wagner, Prigozhin, David A, Putin, Jade McGlynn, CNN’s Chris Good, it’s, Frida Ghitis, Keir Giles, Victory, Don’t, Agency Dean Obeidallah, Keith Magee, France Kara Alaimo, Vicki Shabo, Leroy Chiao, Abdullah, Billy Lezra, MonaLisa Leung Beckford, Timothy Naftali, David Horsey, It’s, Blake Moore, Marc Veasey, Hershel “ Woody ” Williams, Moore, Veasey, “ Williams, Williams, Hershel ‘ Woody ’, Abraham Lincoln, ” Moore, Lincoln Organizations: CNN, Harvard, Harvard College, Wall Street Journal, of Harvard, Ivy League, Yale, Supreme Court, University of North, University of North Carolina —, Wellesley College, Blacks, …, George Mason University, “, University of Michigan, Democratic, Agency, Trump, New Yorker, American Academy of Sleep, Soviet Union —, RFK, Republican, Utah Republican, Texas Democrat, Marines Locations: Boston, University of North Carolina, California, “, Chicago, Detroit, Great, Bedminster, New Jersey, New, Iran, Ukraine, Russia, Soviet Union, Moscow, France, Hong Kong, China, America, Utah, Texas, Iwo Jima, Lincoln

☆ Berkshire Hathaway boosts Occidental stake to 25%. Why Warren Buffett loves this energy play so much
▼ + stars: | 2023-06-29 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett's Berkshire Hathaway keeps buying the dip in Occidental Petroleum , now owning a quarter of the oil giant. The conglomerate purchased an additional 2.1 million Occidental shares on Monday, Tuesday and Wednesday, boosting its stake in the Houston-based energy producer to 25.1%, a new regulatory filing showed. Berkshire now owns 224.1 million shares, worth $12.9 billion based on Wednesday's closing price of $57.46. The buying spree this year came as Occidental shares pulled back after a stellar 2022. Berkshire also owns $10 billion of Occidental preferred stock, and has warrants to buy another 83.9 million common shares for $5 billion, or $59.62 each.

Persons: Warren, Berkshire Hathaway, oilman Armand Hammer, Vicki Hollub, she's, Buffett, Hollub Organizations: Occidental Petroleum, Occidental, Berkshire, Buffett, Cities Service Locations: Occidental, Houston, Berkshire

☆ Australia's competition tribunal blocks Telstra-TPG Telecom network deal
▼ + stars: | 2023-06-21 | by ( Harish Sridharan | ) www.reuters.com time to read: +3 min

2 wireless internet provider owned by Singapore Telecommunications (STEL.SI). TPG said it would review the tribunal's decision before considering its options for further appeal, including a judicial review in the Federal Court. Telstra shares were up 0.7% in early trade, while TPG's shares fell as much as 10.8%, the biggest intraday decline since August 2022. Optus, which had previously opposed the deal on the grounds it would build Telstra's market dominance, said it welcomed the tribunal's decision. "The tribunal's decision was a decisive move for competition in the sector," Commpete Chair Michelle Lim said.

Persons: Vicki Brady, Kelly Bayer Rosmarin, Commpete, Michelle Lim, Harish Sridharan, Subhranshu Sahu, Jamie Freed, Sherry Jacob, Phillips Organizations: Companies Telecom, Optus, TPG Telecom, TPG, Telstra, Australian Competition Tribunal, Telstra Group, Australian Competition, Consumer Commission, Singapore Telecommunications, ACCC, ACT, Thomson Locations: Bengaluru

☆ How can your college GPA help you get a job? 4 tips from a hiring expert
▼ + stars: | 2023-06-15 | by ( Isabel Engel | In Isabel--Engel | ) www.cnbc.com time to read: +3 min

As companies move to a more holistic hiring process, they are broadening their scopes beyond college grades, Monster Career Expert Vicki Salemi tells CNBC Make It. That said, GPAs do come up in the hiring process and might be requested by some companies as they vet candidates. For those new to navigating the job market, Salemi shares four tips for how to approach your college GPA in the professional world. Even companies that want to know are focused on much more in the hiring process, though, Salemi says. "I basically only ask my candidates about their GPA within 5 years of graduating.

Persons: Vicki Salemi, Salemi Organizations: CNBC, Employers, Companies

☆ Illumina CEO deSouza resigns after proxy battle with Icahn
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +3 min

The Grail deal "has kept a lot of investors out of the stock" TD Cowen analyst Dan Brennan said. The company's shares have lost about 60% of their value since completing the Grail deal in 2021. Illumina shares closed at $200.53 on the Nasdaq on Friday. Icahn has said he wants former Illumina CEO Jay Flatley to return. He had secured more than twice the number of shareholder votes than his challenger received in the proxy vote, which could have given him enough legitimacy to hang on.

Persons: Francis deSouza, Carl Icahn, Icahn, Illumina, Charles Dadswell, DeSouza, deSouza's, Cowen, Dan Brennan, Francis, John Thompson, Andrew Teno, Jay Flatley, Vicki Hollub, Alan Jope, Management's Nelson Peltz, Lavanya, Caroline Humer, Michael Erman, Anirban Sen, Mark Porter, Marguerita Choy, Edwina Gibbs Organizations: Nasdaq, LinkedIn, Unilever Plc, U.S . Federal Trade Commission, Thomson Locations: Illumina, Occidental, Bengaluru, New York, New Jersey

☆ Illumina CEO deSouza resigns after battle with Icahn
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +3 min

Analysts said they expect the company's shares to trade up on Monday morning after deSouza's resignation. The Grail deal "has kept a lot of investors out of the stock" TD Cowen analyst Dan Brennan said. The company's shares have lost about 60% of their value since completing the Grail deal in 2021. Illumina shares closed at $200.53 on the Nasdaq on Friday. Icahn has said he wants former Illumina CEO Jay Flatley to return.

Persons: Francis deSouza, Carl Icahn, Illumina, Charles Dadswell, DeSouza, Icahn, deSouza's, Cowen, Dan Brennan, Francis, John Thompson, Andrew Teno, Jay Flatley, Vicki Hollub, Alan Jope, Management's Nelson Peltz, Lavanya, Caroline Humer, Michael Erman, Anirban Sen, Jason Neely, Jan Harvey, Mark Porter, Marguerita Choy Organizations: Nasdaq, LinkedIn, Unilever Plc, U.S . Federal Trade Commission, Thomson Locations: Occidental, Bengaluru, New York, New Jersey

☆ Illumina CEO Francis DeSouza resigns after battle with Icahn
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +2 min

June 11 (Reuters) - Illumina (ILMN.O) Chief Executive Officer Francis DeSouza stepped down on Sunday, the gene-sequencing machine maker said in a statement, ending a battle with activist investor Carl Icahn in which the company's chairman left the company earlier this year. Illumina said it named Senior Vice President and General Counsel Charles Dadswell as interim CEO. Icahn in a tweet said he is happy with the recent changes at Illumina and considers them a "very positive occurrence." Icahn has said he wants former Illumina CEO Jay Flatley to return. Vicki Hollub, for instance, remains Occidental Petroleum's (OXY.N) CEO after the company cut a deal with Icahn over board seats in 2020 and after Icahn cashed out two years later.

Persons: Francis DeSouza, Carl Icahn, Illumina, Charles Dadswell, DeSouza, Icahn, John Thompson, Andrew Teno, Jay Flatley, Vicki Hollub, Alan Jope, Management's Nelson Peltz, Lavanya, Caroline Humer, Anirban Sen, Jason Neely, Jan Harvey, Mark Porter Organizations: LinkedIn, Unilever, U.S . Federal Trade Commission, Thomson Locations: Occidental, Bengaluru, New York

☆ South Carolina tried to ban abortions after 6 weeks of pregnancy — but every woman in the state Senate voted against it.
▼ + stars: | 2023-05-28 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

A South Carolina judge temporarily halted a law banning most abortions after six weeks. Five female lawmakers, named the "Sister Senators," previously filibustered a similar abortion ban. Earlier this year, South Carolina proposed the death penalty for women who get abortions, Insider previously reported. Vicki Ringer, the director of public affairs for Planned Parenthood South Atlantic in South Carolina, called the signing of the bill "unconscionable" on Twitter. Earlier in the week, she wrote, "Twenty-seven Republican men (all of them) voted today to ban abortion in SC.

☆ A judge temporarily halted South Carolina's law that would ban most abortions at 6 weeks, a day after it was signed
▼ + stars: | 2023-05-27 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +2 min

Henry McMaster signed a new restrictive abortion law on Thursday without any notice. Just a day later, a state judge ruled to temporarily halt the new restrictive law. By Friday, Judge Clifton Newman ruled to temporarily revert back to the state's previous law of banning abortions after 20 weeks. South Carolina's restrictive law is just one of many across the country after the Supreme Court's ruling to overturn Roe v. Wade last June. The law signed by McMaster was first passed in the state's General Assembly earlier in the week.

☆ South Carolina judge temporarily blocks six-week abortion ban
▼ + stars: | 2023-05-26 | by ( Julia Harte | ) www.reuters.com time to read: +3 min

[1/6] Protesters gather inside the South Carolina House as members debate a new near-total ban on abortion with no exceptions for pregnancies caused by rape or incest at the state legislature in Columbia, South Carolina, U.S. August 30, 2022. REUTERS/Sam WolfeMay 26 (Reuters) - A South Carolina judge on Friday temporarily blocked the state's new law that bans most abortions after about six weeks, ruling that it should be considered by the state Supreme Court before taking effect. One of the Supreme Court justices in the majority on that decision has since retired, leaving it unclear how the court will rule on the new measure. Republican state lawmakers defending the bill said in legislative hearings this week that the measure remedied the errors that caused the state Supreme Court to strike down its predecessor. If upheld by the state Supreme Court, the six-week ban would allow abortions up to 12 weeks in cases of rape and incest, and provide an exception for medical emergencies.

☆ Inside the Global Disability Innovation Hub
▼ + stars: | 2023-05-19 | 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 EmailInside the Global Disability Innovation HubCNBC's Arabile Gumede sits down with Vicki Austin, CEO of the Global Disability Innovation Hub, to discuss the latest in assistive technology, as well as its work advocating for disability inclusivity for millions of people across the globe.

☆ Berkshire Hathaway boosts stake in Occidental Petroleum to 24.4%
▼ + stars: | 2023-05-18 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

May 18 (Reuters) - Berkshire Hathaway Inc (BRKa.N) said on Thursday it had acquired more shares of Occidental Petroleum Corp (OXY.N), boosting its stake in the oil company to 24.4%. In a regulatory filing, the conglomerate controlled by billionaire Warren Buffett said it paid about $201 million for 3.46 million Occidental shares between May 16 and 18. Berkshire has bought Occidental shares on each of the last six trading days, paying about $327 million for 5.62 million shares. Berkshire also owns approximately $9.5 billion of Occidental preferred stock carrying an 8% annual dividend, plus warrants to buy $5 billion of Occidental common shares at $59.62 each. He also tried to end speculation that Berkshire might buy Occidental and further diversify its own energy portfolio.

☆ ‘The Diplomat’ vs. Reality
▼ + stars: | 2023-05-14 | by ( Lauren Jackson | ) www.nytimes.com time to read: +1 min

Here’s what other ambassadors told my colleagues working in Mexico, Australia, China and elsewhere:What the show gets wrongPart of the fun of “The Diplomat,” as with any workplace show, comes when it departs from reality. “I have a different memory of the confirmation process,” Rahm Emanuel, the U.S. ambassador to Japan, told my colleague Motoko Rich. “The show may get the diplomatic life right, but their grasp of American politics and the U.S. Senate? “The speeches every diplomat wants to give his or her boss. Not exactly the daily course of business.”A Vogue photo shoot: Multiple former ambassadors said the racks of outfits in the show were unrealistic.

☆ When my son was accepted into Penn State for grad school, we learned he could negotiate the offer. He got an additional $52,000 in funding.
▼ + stars: | 2023-05-11 | by ( Ann Peck | ) www.businessinsider.com time to read: +4 min

My son was accepted into Penn State for grad school and offered over $25,650 a year in funding. He's heading to Penn State in July, having earned over $300,000 in funding. He outlined his best offer and his desire to select Penn State if it could match the offer and consider additional funds for the summer. He scored another $52,000 in funding from Penn State, to be paid out over five years. He starts working in the lab at Penn State in July.

☆ Occidental to favor buybacks over funding direct air capture plants
▼ + stars: | 2023-05-10 | by ( Sabrina Valle | ) www.reuters.com time to read: +2 min

HOUSTON, May 10 (Reuters) - Occidental Petroleum Corp (OXY.N) on Wednesday said it will distribute any excess cash from high oil prices to shareholders instead of funding direct air capture (DAC) plants. It is building its first large scale DAC plant in Texas. It is, however, lacking external funding to fulfill its plan to build more than 100 DAC units, starting with the second plant. Occidental on Tuesday reported adjusted income of $1.1 billion, missing analysts estimates amid a 20% decline in oil prices from a year ago. Results were primarily impacted by the timing of crude oil sales in the quarter, the company said.

OMAHA, Nebraska, May 6 (Reuters) - Warren Buffett said on Saturday that Berkshire Hathaway Inc (BRKa.N) is not planning to acquire Occidental Petroleum Corp (OXY.N) but remains happy with its large investment in the oil company. Speaking at Berkshire's annual shareholder meeting, Buffett rejected speculation that Berkshire would buy Occidental after having accumulated a 23.6% stake. "We will not be making any offer for Occidental," Buffett said. "Hollub is an extraordinary manager at Occidental," Buffett said. Last August, Berkshire won U.S. Federal Energy Regulatory Commission permission to buy up to 50% of Occidental's common stock.

☆ How to haggle with your college over financial aid
▼ + stars: | 2023-04-28 | by ( Dayun Park | ) edition.cnn.com time to read: +6 min

In some cases, filing an official financial aid appeal may even delay the deadline for putting down a deposit. Here, according to college financial aid and admissions officers, consultants and students, are the steps to take:Email, don’t call, and handle it yourself. “If there has been a significant reduction in income compared to your application, inform the school’s financial aid office; in some cases, financial aid can increase,” said Phil Asbury, Director of Financial Aid of Northwestern University in Illinois. The opportunity to increase need-based aid depends on the accuracy of your documented financial change and the financial ability of the school to make a change,” John Leach, Associate Vice Provost for Enrollment and University Financial Aid at Emory University, told CNN. Northwestern has a “priority deadline” so that the financial office can notify students early, but students can still apply for financial aid all year round.

☆ Meet the 19-Year-Old ‘Kimberly Akimbo’ Actor Who’s Charming Broadway
▼ + stars: | 2023-04-26 | by ( Michael Paulson | ) www.nytimes.com time to read: +2 min

He has turned, often, to the show’s star, Victoria Clark, for guidance. She’s a 63-year-old Tony winner (for “The Light in the Piazza”), and he’s a 19-year-old novice, and in the show they both play high school students who are about 16 years old. “How to not stay up late and play video games. It definitely took a step up in maturity for me to be working in the professional world. I’m still figuring out a lot of things.”Tesori remembers a day when she ran into Cooley on his way to Trader Joe’s and he blurted out “Hey, how do you cook?”

☆ Carol Burnett's birthday special' is an elegant (and hilarious) event
▼ + stars: | 2023-04-26 | by ( Marianne Garvey | ) edition.cnn.com time to read: +9 min

Hulton Archive/Getty Images Burnett peeks at a portrait of herself that was being painted by artist Dmitri Vails in 1963. CBS/Getty Images Burnett interacts with the audience of her new variety show, "The Carol Burnett Show," in 1967. CBS/Getty Images Burnett, left, and Cher perform a skit on "The Sonny & Cher Comedy Hour" in 1972. CBS/Getty Images Burnett poses with her memoir "One More Time" at a book signing in Beverly Hills, California, in 1986. Will Hart/NBC/Getty Images Carol Burnett Square was unveiled in Los Angeles in front of her alma mater, Hollywood High School, in 2013.

☆ Look for these 5 'green flags' before taking a 4-day workweek job, says hiring expert
▼ + stars: | 2023-04-17 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

There's never been a better time to try to find a job with a four-day workweek. It can also be helpful to ask about the skills and experiences help someone thrive while working a shortened week. For example, leaders at four-day workweek companies recently told CNBC Make It they look for candidates with outstanding initiative, autonomy and adaptability. The company sets clear expectations around the fifth day offAsk each person how they use their day off, Salemi says. The company has a strong perspective of what flexibility looks likeA shortened workweek is just one component of workplace flexibility.

☆ California prosecutors suggest Cash App founder was slain in dispute over suspect's sister
▼ + stars: | 2023-04-14 | by ( Dan Whitcomb | ) www.reuters.com time to read: +3 min

[1/3] Nima Momeni, the 38-year-old founder of software company Expand IT, appears before Judge Christine Van Aken, accused of the stabbing murder of Cash App founder Bob Lee in a courtroom sketch in San Francisco, California, U.S. April 14, 2023. REUTERS/Vicki BehringerApril 14 (Reuters) - The tech executive charged with stabbing Cash App founder Bob Lee to death in San Francisco confronted him earlier in the evening about his ties to the suspect's younger sister, prosecutors said on Friday in court documents that outlined a possible motive. Momeni, founder of the Bay Area software company Expand IT, briefly appeared in a San Francisco courtroom on Friday, where a judge postponed his arraignment until April 25. The sister and her husband both attended Momeni's court hearing on Friday. Block Inc-owned (SQ.N) Cash App allows users to transfer money through a mobile application, which the company touts as an alternative to traditional banking services.

☆ Exxon CEO's pay rose 52% in 2022, highest among oil peers
▼ + stars: | 2023-04-13 | by ( Sabrina Valle | ) www.reuters.com time to read: +2 min

Oil company workers did not see the same level of increases with median annual compensation for workers declining at several big energy companies. The median pay for an Exxon worker fell 9% last year to $171,582 while Chevron's median worker pay dropped 12%, to $161,488, filings showed. The two largest U.S. oil majors posted record profits in 2022 on high energy prices and costs cuts measures including payroll reductions. Occidental Petroleum's CEO Vicki Hollub's pay rose 35% while ConocoPhillips CEO Ryan Lance's pay fell 16%, all compared to their prior year. Under a new calculation disclosure required by the SEC on potential gains by executives on unvested stock awards, Woods' pay was $89.7 million in 2022, a securities filing showed.

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