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☆ 2023 is shaping up to be a big year for dealmaking in live sports. Here's why.
▼ + stars: | 2022-12-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Big deals for the big (and little) screen. Next year is shaping up to be a big one for media deals. Like many other industries, media quickly turned quiet on the dealmaking front this year as the economy soured. However, a stabilization of interest rates, along with money burning a hole in investors' pockets, could lead to a big 2023, insiders say. The landscape for media deals is fascinating when you consider the two opposing forces, as Lucia pointed out to me.

☆ It turns out Taylor Swift has better due diligence than half of Silicon Valley
▼ + stars: | 2022-12-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Taylor Swift in the "Bejeweled" music video. Taylor Swift has better due diligence than half of Silicon ValleyIt's SBF. Just when you thought the FTX debacle couldn't get any weirder, let's add Taylor Swift into the mix. What Taylor Swift album does Sam Bankman-Fried most identify with? Perhaps the most pressing question, however, as pointed out by senior finance editor Michelle Abrego, is this: How does Taylor Swift have better due diligence practices than half of Silicon Valley?

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow I bring in $4.8 million a year selling jewelry in NYCWhen Al Sandimirova came to the U.S. from Russia in 2009, they took a job making $4 an hour at a gold refinery in New York City's Diamond District. To make extra money, they began designing and selling their own jewelry online. In the first year, they brought in $165,000. Since then, Sandimirova has grown their side hustle, which is called Automic Gold, into a $4.8 million business that designs jewelry marketed to the LGBTQ+ community.

☆ NYC honors historic gay bar with landmark status
▼ + stars: | 2022-12-07 | by ( Zachary Schermele | ) www.nbcnews.com time to read: +4 min

One of the earliest sites of gay rights activism is officially New York City’s newest landmark. Located at 159 West 10th St., just a short walk from fellow historic gay bar Stonewall Inn, Julius’ has been open since the 1860s. It started attracting gay patrons in the mid-20th century, and, according to the conservation nonprofit group Village Preservation, it’s the city’s oldest existing gay bar. It was added to the National Register of Historic Places in 2016 for its significance in the gay rights movement. A photo of the moment went down in gay rights history.

☆ PE wants to see some cash flow before it starts making deals
▼ + stars: | 2022-12-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

As the markets continue to sour, and a recession looms, everyone's wondering when PE firms will begin scooping up assets. High on Bae's wishlist are "all things digital," he said, with one giant caveat: profitability. There are plenty of companies doing fascinating things in the digital space, but many have yet to reach profitability (*cough* fintechs *cough*). Goldman Sachs is going dumpster diving for crypto companies. Chaos in the crypto markets is creating investing and acquisition opportunities for the bank, according to Matthew McDermott, Goldman's head of digital assets.

☆ One of the best bets in real estate is no longer a sure thing
▼ + stars: | 2022-12-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

The sure thing that's no longer a sure thing. But the shine is starting to come off what is considered one of the safest, and smartest, bets in real estate. The two largest single-family rental REITs — Invitation Homes and American Homes for Rent — have recently seen their ratings downgraded by Wall Street analysts, Insider's Alex Nicoll reports. More on the potential deal, which also might have participation from a former Wall Street CEO. If you want to leave Wall Street but don't know where to start, read this.

☆ Banker bonuses are set to be so bad even the firm's revenue drivers are going to get dinged
▼ + stars: | 2022-12-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

A man pauses outside of the New York Stock Exchange (NYSE) on January 15, 2016 in New York City. While they aren't internally announced and paid until early next year, firms are wrapping up discussions about the size of bonus pools that divisions will be able to disperse from. And for many firms, the pools are being resized from Olympic to kiddie. The Financial Times reported Friday that JPMorgan Chase, Citigroup, and Bank of America are considering cutting bonus pools within M&A and IPO teams by 30%. More on how crypto firms are hoping ads can quell trust concerns.

Here's how to file for unemployment insurance benefits, whether you're laid off, furloughed, or your hours are severely reduced. Here's how to file for unemployment insurance benefits, whether you're laid off, furloughed, or have had your hours severely reduced. Fill out an application through your state's unemployment websiteYou should apply for unemployment insurance as soon as you're no longer working. Depending on the state, unemployment insurance claims can be filed in person, on the phone, or online. "Start with your state's unemployment insurance benefits site.

☆ I visited the flagship stores of Nike and Adidas in NYC to compare the shopping experiences and it was clear which store was more popular
▼ + stars: | 2022-12-04 | by ( Sarah Belle Lin | ) www.businessinsider.com time to read: +2 min

I visited the flagship stores of two of the world's largest athletic brands, Nike and Adidas, to see which shopping experience was better. Adidas' flagship store was soccer heaven and paid homage to the FIFA World Cup. Nike's store took me to an otherworldly space and wowed me with its Sneakerlab collection. Loading Something is loading. With that in mind I felt it was worth visiting both flagship locations to compare the shopping experience.

☆ I visited the American Girl Doll Cafe in NYC and ate lunch with a few of the iconic toys. The experience was unforgettable — if a bit overpriced.
▼ + stars: | 2022-12-04 | by ( Ann Matica | ) www.businessinsider.com time to read: 1 min

Only a few tables were occupied, which seemed expected for a Monday afternoon. Most of the diners were parents with their children, and I felt a little out of place being there as a 22-year-old, even though the American Girl Cafes have reportedly started to become a popular spot for influencers to visit. Ann Matica/InsiderSource: The New York Times

☆ Brooklyn man claims landlord is trying to push him out of his $450 apartment with live chickens running in yard and green liquid seeping from the ceiling
▼ + stars: | 2022-12-04 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Toonkel said the landlord couldn't gain access to Roberts' apartment because of a "hoarding problem." He didn't specifically address the chickens near Roberts' apartment. Roberts' rent is regulated by New York City rent-stabilization laws, which generally cover buildings built between 1947 and 1974. Roberts told Legal Services NYC, an advocacy group working on his case, that he'd voiced concerns about the state of the building to previous owners. This is heartless," Roberts told Legal Services NYC.

☆ PHOTOS: New York City lights the 50,000 bulbs of the Rockefeller Center Christmas tree
▼ + stars: | 2022-12-03 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

The famous Rockefeller Center Christmas tree arrived in NYC from an upstate farm 200 miles away. The Rockefeller Center sees about 500,000 tourists during the holiday season. The 82-foot tree arrived in Manhattan from upstate New York in November and it's illumination is the unofficial indication that it's Christmas time in New York City. Onlookers waited patiently Wednesday night to see its estimated 50,000 multi-colored lights and giant Swarovski crystal star light up the Rockefeller Center, but the tree attracted local attention before it was decorated. NBC's "Christmas at Rockefeller Center" special aired on Wednesday night with many celebrity appearances – including a performance by Alicia Keys.

☆ NYC subway rider beaten and called a racial slur for refusing to give up his seat, police say
▼ + stars: | 2022-12-02 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

Two New York City teenagers were charged with hate crime assault after they allegedly beat a subway passenger who refused to give up his seat and directed anti-Asian statements toward him, police said. Dream Commisso, 19, was arrested Tuesday on charges of hate crime assault, aggravated harassment, assault, menacing and harassment. The teenagers asked a 42-year-old man to get up from his subway seat, "made anti-Asian statements and punched him multiple times and threatened his life," New York City police said. Authorities are seeking a third suspect in the subway assault, according to a post on the NYPD Hate Crimes' Twitter page. Reporting forum Stop AAPI Hate has collected data on almost 11,500 anti-Asian incidents since March 2020, the group reported in July.

☆ A tale of 2 tech giants: Struggling Meta is pulling back on offices in LA and NYC to cut costs, while TikTok is expanding
▼ + stars: | 2022-12-02 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +3 min

TikTok is seeking 150,000 square feet in Los Angeles to more than double its footprint in the city. One of the leasing executives who spoke with Insider said TikTok had considered spaces from "Santa Monica to downtown" Los Angeles. Meta, meanwhile, has 260,000 square feet in Los Angeles at the Brickyard, a recently built office complex in Playa Vista. The diverging appetite for office space between TikTok and Meta underscores a change in fortune for both firms. A spokeswoman for Meta said the company would not comment on its LA offices or its plans for them.

☆ New York City wants to hire a ‘rat czar’—and could pay them $170,000 per year
▼ + stars: | 2022-12-02 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

New York City is hiring a leader to fight against residents' common enemy: rats. New York is the country's "second-rattiest" city, according to pest control company Orkin's most recent annual rankings. One performance actor, Jonothon Lyons, patrols the city's subway stations and park trash cans wearing a latex rat head. On Thursday, he tweeted an article about the position, writing: "If you have the drive, determination, and killer instinct needed to fight New York City's relentless rat population — then your dream job awaits." In October, the New York Sanitation Department announced that New Yorkers will be fined for putting trash on the curb before 8 p.m. starting in April 2023.

☆ Blackstone's grand ambitions for attracting retail money faces a hiccup
▼ + stars: | 2022-12-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

It's also a key part of the firm's push to attract retail investors, Insider's Rebecca Ungarino reports. Bloomberg previously reported that both firm CEO Steve Schwarzman and President Jon Gray have each put $100 million of their own money into BREIT since July. But as nice as it is to have the bosses' money backing your fund, that's not the target audience. And while there is a lot of upside to attracting retail investors — its private wealth arm has quadrupled in size to $233 billion in assets in four years — there are risks, too. Click here to read more about the recent headwinds facing Blackstone's big bet to attract retail money.

☆ Sam Bankman-Fried took plenty of blame for FTX's downfall, but denied fraudulent behavior
▼ + stars: | 2022-12-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

And while I've got you here, it's time to start thinking about gifts with the holidays season in full swing. Do you know what's an informative, funny gift that has a long shelf life and, most important of all, is free? FTX Cryptocurrency exchange CEO Sam Bankman-Fried at a hearing on Capitol Hill on May 12, 2022. But the main attraction at The New York Times DealBook Summit on Wednesday was Sam Bankman-Fried. And frankly conflict of interest risk," SBF said.

☆ Stocks making the biggest moves premarket: Designer Brands, Lands' End, Salesforce and more
▼ + stars: | 2022-12-01 | by ( Peter Schacknow | ) www.cnbc.com time to read: +3 min

Dollar General (DG) – Dollar General slumped 6.1% in premarket trading after the discount retailer cut its annual forecast due to higher costs. Lands' End (LE) – The apparel retailer reported an unexpected quarterly loss. Salesforce (CRM) – Salesforce fell 7.4% in the premarket after the business software company announced that co-CEO Bret Taylor would be stepping down January 31, leaving Chairman Marc Benioff as the sole CEO. Five Below (FIVE) – Five Below rallied 9.3% in premarket trading in the wake of better than expected quarterly results. Splunk (SPLK) – Splunk staged an 8.1% premarket rally after the data management software company reported upbeat quarterly results and boosted its full-year forecast.

☆ New York City seeks a 'bloodthirsty' rat czar: Ad for director of rodent mitigation job to fight serious, gnawing problem is ... actually pretty funny
▼ + stars: | 2022-12-01 | by ( Bethany Biron | ) www.businessinsider.com time to read: +3 min

New York City is hiring a "director of rodent mitigation" for a salary of between $120,000 and $170,000. Rat sightings are up 71% this year from 2020, according to data from the NYC Department of Sanitation. A rat is seen by a trash bin in New York City on October 19, 2022. Lokman Vural Elibol/Anadolu Agency via Getty ImagesWhile New York City has long been synonymous with rats, sightings have skyrocketed. Sanitation Commissioner Jessica Tisch made an anti-rat statement in November that went viral, and became the subject of countless memes, New York City marathon signs — and now a shirt.

☆ Some illegal cannabis shops operating in NYC are selling weed contaminated with salmonella and pesticides, survey says
▼ + stars: | 2022-12-01 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

A November survey tested 40 cannabis products from 20 unlicensed weed retailers in New York City. The study found harmful bacteria and pesticides in at least 16 of the products tested. Nearly 40% of the products failed at least one of the standard tests conducted on legal marijuana products, survey reports. A November survey conducted by the New York Medical Cannabis Industry Association tested 40 cannabis products from 20 unlicensed stores advertising marijuana. Consumers not only have to worry about the health concerns of potentially contaminated pot but also misleading packaging on THC products.

☆ Wall Street's most important consultant might be its cloud provider
▼ + stars: | 2022-11-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Insider's Bianca Chan explored this trend with a piece on how cloud providers like AWS, Microsoft Azure, and Google Cloud are reimagining themselves as business consultants. Many of the biggest cloud providers have stood up teams focused on interfacing with the C-suite to advise them on how a move to the cloud can be an opportunity to overhaul things. It's not hard to see how this could end up being big business for the cloud providers. Cloud providers still have a long way to go to be a real threat to consultants, but there is potential there. Click here to read more about how cloud providers are becoming the new-age consultants for Wall Street.

☆ An interior designer to New York City's elite shares the 3 fresh trends that are all the rage and 2 that are out of style
▼ + stars: | 2022-11-30 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +5 min

NYC interior designer Bennett Leifer outlined what's in and what's out right now. He spoke with Insider about what his clients are seeking in their homes now, and the tired trends they're ready to leave behind. John Keeble/Getty ImagesLeifer said his clients aren't using white as a fallback anymore, but rather an intentional decision. "It has to finish a space to a certain degree," Leifer said, but clients aren't falling back on the old rulebook. Instead they're curious to experiment with new touches, like the project where Leifer's using bronze casings around windows.

☆ Inside Cisco’s NYC Office, Where 5,000 Data Points Are Being Collected
▼ + stars: | 2022-11-29 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

E5Open Office: How LinkedIn Redesigned Its Flagship for Hybrid Work At LinkedIn's new flagship office, desks are no longer the primary focus. With dozens of different work settings and conference room setups, the company is using its office as a hub for its hybrid workforce. WSJ gets an exclusive look inside. Photo: Karl Mollohan for The Wall Street Journal

☆ From the future of work to algos for home pricing, these are what the brightest young minds in real estate are working on
▼ + stars: | 2022-11-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

There's no shortage of ties between Wall Street and real estate. So it's only fitting that we'd highlight Insider's third-annual list of rising stars in real estate. The latter boils down to trying to use tech to automate and innovate a key, but sometimes costly, part of the business, something Wall Street is well versed in. There is Megan LeMense, 34, a former WeWorker who is thinking about the future of the office in her role at Raise Commercial Real Estate. BlockFi is the latest crypto firm caught up in the FTX debacle.

☆ I choose the Rockefeller Christmas tree every year. Here's how I spot the perfect spruce and get it ready for NYC.
▼ + stars: | 2022-11-29 | by ( Taayoo Murray | ) www.businessinsider.com time to read: +4 min

Erik Pauze is the head gardener at Rockefeller Center, and he chooses the Christmas tree each year. I also have another major responsibility: I choose the perfect tree for Christmas every year. There's one major attribute that I look for when searching for the perfect tree: a tree you would want in your living room, but on a much larger scaleThe 2021 Rockefeller Christmas tree. This year's tree is a Norway Spruce that's 82 feet tall, 50 feet in diameter, and weighs approximately 14 tonsThe 2022 Christmas tree arriving in Rockefeller Center. Anadolu Agency/Getty ImagesThe 2022 Rockefeller Center Christmas tree was donated by the Lebowitz family of Glens Falls, New York, from their property.

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