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☆ China's economy is showing signs of serious trouble — and the problems are still mounting
▼ + stars: | 2023-08-12 | by ( Phil Rosen | ) www.businessinsider.com time to read: +9 min

Deflation — the trend of prices falling throughout the economy — presents a particularly dangerous trajectory for China, which carries a massive amount of debt. The main components of GDP on the demand side — consumption, investment, net exports — they all have serious problems right now." A shaky property marketMost of China's economic troubles tie directly into its property market. Roughly a quarter of China's population works in agriculture — well above the 3% mark in the US — and that presents its own productivity limitations. From an unstable, debt-ridden property market to anti-business policies and demographic issues, Beijing has plenty to tackle if it hopes to match the same growth as decades past.

Persons: David Dollar, Biden, Dexter Roberts, Roberts, Terry Group, it's, Xi Jinping Organizations: Service, China's National Bureau of Statistics, People's Bank of, Federal Reserve, Brookings, Bloomberg, JPMorgan, Financial Times, China's, Global, US Census Bureau, Atlantic Council, Communist Party, Garden Holdings, Beike Research Institute, Terry Locations: Beijing, Wall, Silicon, China, People's Bank of China, China's US, Western, Russia, Asia, Ukraine, Mexico, China cratered, Rocky

☆ Retailers take center stage in the week ahead, as Wall Street turns to the consumer for a much-needed boost
▼ + stars: | 2023-08-11 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

A raft of economic data and big retail earnings reports next week will give traders insight into the strength of the consumer after a mixed batch of inflation data. "Next week is all about the consumer," said Shannon Saccocia, investment chief at NB Private Wealth. The Nasdaq Composite fell for a second straight week for the first time in 2023 after mixed inflation data this week, as well as Moody's downgrading several regional banks. July's consumer price index came in weaker than expected, but continued to show some underlying stickiness. Housing data expected to show strength Investors will also watch data on what has been a strong housing market.

Persons: Shannon Saccocia, Saccocia, —, we've, John Porter, it's, Wealth's Saccocia, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo, Michael Kors, That's, Sam Stovall, Stovall, CFRA's Stovall, Estee Organizations: Home Depot, Walmart, Federal Reserve, Nasdaq, Dow Jones, Newton Investment Management, FactSet, . Discount, TJX Companies, Ross, Homeowners, Price, Retail, Health, Home, Agilent Technologies, Housing, Manufacturing, TJX, Target, Cisco Systems, Philadelphia Fed, Applied, Deere, Co, Companies, Palo Alto Locations: U.S, NAHB, Housing States

☆ Disney to raise price on ad-free Disney+ to $13.99 per month starting October 12
▼ + stars: | 2023-08-09 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Commercial-free Disney+ will cost $13.99 per month, a 27% increase, beginning Oct. 12. Disney is increasing the price of Hulu without ads to $17.99 per month, a 20% price hike. When Disney Chief Executive Officer Bob Iger launched Disney+ in 2019, he deliberately set the niche family offering at a low price of $6.99 per month — nearly half the price of Netflix. Iger acknowledged he was surprised the price increase led to minimal cancelations of the service. About 40% of new Disney+ subscribers have signed up for the ad tier, he said.

Persons: Max, Bob Iger, Iger Organizations: Disney, Hulu, Warner Bros, Netflix, Max Locations: Europe, Canada

☆ I moved to a South Carolina island where there are no cars. It's like being transported back 200 years in time, but you can still get Instacart.
▼ + stars: | 2023-08-08 | by ( Ryan S. Gladwin | ) www.businessinsider.com time to read: +6 min

Jerry Jaskowiak works remotely from Haig Point on Daufuskie Island in South Carolina. The fees are higher at Haig Point to cover the cost of the ferry, but it didn't take much adjusting to. We wanted to make some small changes to our new Haig Point house. Haig Point has a big golf community, and as a result, golf carts are the main form of transport on the island. Working remotely from such a beautiful place has improved my work-life balanceI work remotely as the president of an investment-accounting company.

Persons: Jerry Jaskowiak, Haig, I've, We'd Organizations: Service, Haig, Starbucks, Welcome, Welcome Center, Food Locations: Daufuskie, South Carolina, Wall, Silicon, Oldfield , South Carolina, Haig

☆ I moved to a South Carolina island where my neighborhood doesn't allow cars. It's like being transported back 200 years in time, but you can still get Instacart.
▼ + stars: | 2023-08-08 | by ( Ryan S. Gladwin | ) www.businessinsider.com time to read: +7 min

Jerry Jaskowiak works remotely from Haig Point on Daufuskie Island in South Carolina. The Haig Point community on Daufuskie Island is "car-free" and has only 533 residents. My wife visited Daufuskie Island with some friends and loved the vibe, so she kept returning. Correction: August 9, 2023 – An earlier version of this story stated that there were no cars on Daufuskie Island. The private community Haig Point on Daufuskie Island where Jerry Jaskowiak lives does not permit residents to drive gas-powered vehicles.

Persons: Jerry Jaskowiak, Haig, I've, We'd, Instacart Organizations: Service, Haig, Starbucks, Welcome, Haig Point, Welcome Center, Food Locations: Daufuskie, South Carolina, Wall, Silicon, Oldfield , South Carolina, Haig

But some of its beans, known as unwashed or 'natural' arabicas, have not previously been used for high-end benchmark coffee contracts around the world. Unwashed coffee is so-called because its fruit is left to dry whole before the bean is extracted. He added that relatively little Brazilian coffee ends up in ICE warehouses because it usually fetches higher prices in the physical markets. The two companies declined to comment on whether they had got a mix of semi-washed and unwashed beans certified by ICE. Zooming out to inflation adjusted terms however, coffee prices in 1980 were equivalent to about $8 per lb - a whopping 500% higher than they are today, according to Reuters calculations.

Persons: Juan Carlos Ulate, Dagoberto Suazo, unwashed, Marcio Ferreira, Cecafe, Ferreira, Louis Dreyfus, Pedro Mendoza, Maytaal Angel, Gustavo Palencia, Marcelo Teixeira, Frank Jack Daniel Our Organizations: Workers, REUTERS, LONDON, Agricultural, Intercontinental Exchange, Reuters, Producers, IF IT, ICE, Central, Thomson Locations: Grecia, Costa Rica, TEGUCIGALPA, Honduras, Brazil, America, Africa, Cafetaleras, Colombia, Central America, Peru, Europe, Swiss, Sucafina, U.S, London, Tegucigalpa, New York

☆ I'm a millennial who relocated to Tampa, where I run my own business. I don't see myself leaving anytime soon.
▼ + stars: | 2023-08-06 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +7 min

Joe Steilberg, 27, moved to Tampa with his business partner for a job during the pandemic. I founded Twos, a note-taking and organization app, with my co-founder Parker Klein, before we moved to Tampa . Tampa, Florida. Until someone plugged us into this community called Embarc collective, it's a startup community with 150 startups. Not only for myself, but as an investment, because I am really, really bullish on Tampa, and I think that it will have a similar growth to Miami.

Persons: Joe Steilberg, I've, Parker Klein, Austin, Steilberg, COVID, Let's, Tampa, It's, you'd, we're Organizations: Service, University of South, Tampa Bay Ventures, Dallas, Florida, Google, Clearwater, University of Tampa Locations: Tampa, Florida , South Carolina, Texas, Wall, Silicon, Florida, Atlanta, Miami, Jacksonville, University of South Carolina, Austin, Austin , Texas, Dallas, benedek, Tampa , Florida, East, walkable, San Jose, Tampa Heights, Clearwater Beach, Ixefra, We're, Europe

☆ Before suing Coinbase, SEC asked it to trade only in bitcoin -FT
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +1 min

July 31 (Reuters) - The U.S. Securities and Exchange Commission (SEC) had asked Coinbase (COIN.O) to stop trading in all cryptocurrencies except bitcoin before suing the cryptocurrency platform in June, the Financial Times reported on Monday, citing CEO Brian Armstrong. The SEC told FT that its enforcement division did not make formal requests for "companies to delist crypto assets". The regulator sued Binance in June, with both civil cases part of SEC Chair Gary Gensler's push to assert jurisdiction over the crypto industry. Gensler has labeled the crypto industry a "Wild West" that has undermined investor trust in the U.S. capital markets. The SEC and Coinbase did not immediately respond to a Reuters request for comment on the report.

Persons: Coinbase, Brian Armstrong, Armstrong, let's, Gary Gensler's, Gensler, Juby Babu, Sonia Cheema, Savio D'Souza Organizations: U.S . Securities, Exchange Commission, SEC, Financial Times, Binance, Thomson Locations: Solana, Cardano, U.S, Bengaluru

☆ What does Elon Musk's 'Burnt Hair' perfume really smell like? We asked our newsroom to do a blind test of the new fragrance.
▼ + stars: | 2023-07-30 | by ( Lakshmi Varanasi | Sarah Jackson | ) www.businessinsider.com time to read: +6 min

Elon Musk's Boring Company launched a $100 perfume called "Burnt Hair" in October. Last October, he added "perfume salesman" to his list when he began selling a scent called "Burnt Hair" to the world. The unisex fragrance is sold through The Boring Company, where it was originally listed for $100. Upon sniffing Burnt Hair directly from the bottle he concluded that it actually smelled better than most perfumes. "It's pretty gross…It does smell like burnt hair."

Persons: Elon, Elon Musk, Musk, it's, Boring, Madeline Renbarger, Nathan McAlone, Darius Rafieyan, Rafieyan, Taylor Rains, Meghan Morris, Maddie Berg, who'd, Brad Davis, Tim Levin Organizations: Elon Musk's Boring Company, SpaceX, The, Company, Twitter, The Boring Company, eBay, Boring Company, Boring, Aviation, Transportation Locations: Colorado

☆ MI6 leader says Putin is likely feeling the pressure because Prigozhin — a 'creature' he 'utterly created' — turned on him
▼ + stars: | 2023-07-20 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +2 min

MI6 leader said Vladimir Putin is likely feeling the "pressure" of Yevgeny Prigozhin's rebellion. "Prigozhin was his creature, utterly created by Putin, and yet he turned on him," Richard Moore told Politico. Last month, Prigozhin's Wagner Group staged a brief mutiny against Putin's military leaders before backing down. "Prigozhin was his creature, utterly created by Putin, and yet he turned on him," Richard Moore told Politico. On Wednesday, Prigozhin took another oblique shot at Putin by criticizing his ongoing war in Ukraine, even as the Kremlin tries to keep the rogue leader quiet.

Persons: Vladimir Putin, Yevgeny Prigozhin's, Prigozhin, Putin, Richard Moore, Prigozhin's Wagner, Wagner, Yevgeny Prigozhin, Alexander Lukashenko, Putin's Organizations: Politico, Service, Prigozhin, Kremlin Locations: Wall, Silicon, Belarus, Moscow, Belarusian, Russia's, Russia, Ukraine

☆ China property investment slide deepens in June as structural shift inflicts pain
▼ + stars: | 2023-07-17 | by ( Clement Tan | ) www.cnbc.com time to read: +1 min

Property investment in China slid nearly 8% in the first half of the year, official data showed Monday, marking a deepening decline for a sector that accounts for up to a quarter of the world's second-largest economy. The country's property sector is struggling to emerge from a credit crisis after the government cracked down on its debt levels in August 2020. Years of exuberant growth has led to the construction of ghost towns where supply outstrip demand, as developers look to capitalize on the desire for home ownership and property investment. The 7.9% drop in investment for January to June was steeper than the 7.2% drop reported for January to May. China second-quarter growth came in at 6.3% from a year before and 0.8% from the quarter before, underwhelming market expectations yet again.

Persons: China's, China Vanke, Dan Wang, CNBC's Organizations: National Bureau of Statistics, CNBC, Hang Seng Bank Locations: China

☆ I used TSA PreCheck for the first time this summer. I only travel a few times a year, but for $78, I think it's worth it.
▼ + stars: | 2023-07-17 | by ( Jules Rogers | ) www.businessinsider.com time to read: +4 min

She decided to get TSA PreCheck before a trip to California this summer. Here's how the TSA PreCheck process went for me as a first-time user. Like a plebeian, he had to go through the regular security line at the Portland airport, while I used the PreCheck line. For me, TSA PreCheck is worth itI paid $78 and about an hour of my time for TSA PreCheck, which is good for five years. Even as a casual summer traveler, I think TSA PreCheck is worth it for me, and I'll most likely renew it when it expires.

Persons: Jules Rogers, I'd, Marshall, — Organizations: TSA, Morning, TSA PreCheck Locations: California, Portland, San Diego

☆ Tesla challenger Rivian's market value almost doubled in 2 weeks as its stock price hit a 2023 high
▼ + stars: | 2023-07-11 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +2 min

Rivian's stock has been on fire lately, hitting the highest levels in 2023 this week. The EV maker's market capitalization almost doubled in two weeks to reach $23.2 billion on Monday. Wedbush Securities has upgraded Rivian's price forecast from $25 to $30 as a show of confidence in the firm. But on Monday, the shares hit a 2023 high of $26.61, with the price surging almost 100% from two weeks earlier. In other terms, Rivian's market capitalization almost doubled in the two weeks through Monday to $23.2 billion.

Persons: Rivian, Dan Ives, RJ Scaringe Organizations: EV, Wedbush Securities, Service, Wall, Bloomberg, Amazon Locations: Wall, Silicon

☆ Why the electric vehicle boom could put a major strain on the U.S. power grid
▼ + stars: | 2023-07-01 | by ( Katie Brigham | ) www.cnbc.com time to read: +9 min

Over half of all new cars sold in the U.S. by 2030 are expected to be electric vehicles. That could put a major strain on our nation's electric grid, an aging system built for a world that runs on fossil fuels. Major grid infrastructure needsCharging electric vehicles is quite electricity intensive. Larger electric vehicles such as the Ford F-150 Lightning would generally use more electricity than a central AC unit in a large home. The utility is tied to a four-year funding cycle for grid infrastructure upgrades, and its last funding request was in 2021.

Persons: That's, we've, Rob Gramlich, Gramlich, Lydia Krefta, Krefta, David Paul Morris, Aram Shumavon, Shumavon, we're, Sen, Joe Manchin, Joe Biden, Tesla Organizations: Rapid Energy, Princeton University, Grid, California Public Utilities Commission, EV, Tesla, Ford, Workers, Power Services, Pacific Gas & Electric, Bloomberg, Getty, Nissan Leaf, Ford Motor Company Locations: U.S, California, Northern, Central California, Healdsburg , California

☆ A $7 billion startup wanted to build patient-friendly healthcare. Its bet on buzzy weight-loss drugs is testing that vision.
▼ + stars: | 2023-06-29 | by ( Blake Dodge | Rebecca Torrence | ) www.businessinsider.com time to read: +12 min

Patient complaints go beyond the Wegovy shortageKaitlyn's complaints echo an array of issues faced by other Ro patients seeking weight-loss drugs. The patients Insider interviewed asked to be identified by their first names to protect their privacy. In this chat log, a Ro weight-loss patient sends messages to the startup asking to cancel the program. Reitano told Insider that around 90% of Ro patients got a response within 24 hours. "Until these DTC companies generally start getting into the muck of healthcare, they're not going to have a material impact," Parker told Insider.

Persons: Ro, Zachariah Reitano, Reitano, Li Ran, Robyn Phelps, Kaitlyn, She'd, didn't, she's, couldn't, Max Kerwick, drugstores, Max, Ro's, aren't, hasn't, Florian Gaertner, it's, TJ Parker, they're, Parker Organizations: New York, Getty, Better Business Bureau, Nordisk, Better Business, CareMetx, Ro, TechCrunch Locations: Xinhua, New York, New York City

☆ Passengers stranded at Newark airport slept on tables and luggage carts after hundreds of flights were canceled or delayed, report says
▼ + stars: | 2023-06-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Passengers stranded in Newark airport resorted to sleeping on tables and luggage carts. The airport has seen hundreds of flights canceled and delayed because of a storm. Passengers stranded in Newark airport resorted to sleeping on tables and luggage carts after flights were canceled over the weekend, CBS News reported. One passenger told the news outlet: "We've slept on a little bit of everything. Representatives for Newark Airport did not immediately return Insider's request for comment, made outside normal working hours.

Persons: We've, I've, we're, Margo Osborne, Osborne Organizations: Passengers, CBS News, Newark Airport, United Airlines, Twitter, FAA Locations: Newark, New York, New Orleans

☆ British bombers pulled off a raid on the other side of the planet in the UK's first major conflict since World War II
▼ + stars: | 2023-06-25 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +10 min

So the British air force devised an ambitious but complex plan for long-range bomber raids. A daring planBritish troops surrender to Argentine forces in Port Stanley in April 1982. Logistical issuesAn RAF Vulcan bomber at Wideawake airfield on Ascension Island. The military airstrip at Port Stanley after a British air raid in May 1982. AftermathRoyal Marines with the Falkland Islands flag in Port Stanley after the Argentine surrender in June 1982.

Persons: —, Rafael WOLLMANN, Sir Michael Beetham, Beetham, Black Buck, Port Stanley, Victor, Martel, Buck, Vulcan, Eduardo Farre, Buck Six, Black Buck Seven, Steve Buckley, Japan's Organizations: Falklands, British, Service, British Royal Air Force, South Atlantic, Getty, RAF, Argentine, Port Stanley, Avro Vulcans, Handley, Avro Vulcan, Royal Air Force, Vulcans, Atlantic, US, Port, Ascension, Argentina's TPS, Vulcan, Harriers, TPS, REUTERS, Royal, Royal Navy Locations: Argentina, South, Falkland, Buenos Aires, British, Argentine, Port Stanley, Port, Ascension, Brazil, Rio de Janeiro, Iraq, Balkans, Afghanistan

☆ Stocks will plunge back into a bear market when recession hits - even if it's a mild one, top economist David Rosenberg says
▼ + stars: | 2023-06-23 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +2 min

A recession will surely hit the US economy and stocks will plunge back into a bear market then, David Rosenberg said. "The compounding effect of even a mild recession on earnings and what it does to the multiple will still lead you into a fundamental bear market," he told BNN Bloomberg. Rosenberg warned that cracks were beginning to appear in the US labor market. "You're going to hear a lot of this hand-holding, 'don't worry, it's going to be a mild recession, it's going to be a shallow recession.' Ultimately you're paying for earnings, not GDP anyways, and the compounding effect of even a mild recession on earnings and what it does to the multiple will still lead you into a fundamental bear market," Rosenberg told the outlet.

Persons: David Rosenberg, BNN, Rosenberg, — Organizations: BNN Bloomberg, Service, Rosenberg Research, Federal Reserve

☆ My final, unexpected conversation with Cormac McCarthy
▼ + stars: | 2023-06-18 | by ( David Kushner | ) www.businessinsider.com time to read: +9 min

My last conversation with Cormac McCarthy, the acclaimed and elusive novelist who died last week at 89, came as unexpectedly as the first. "I thought you said Cormac McCarthy edited your book on theoretical physics?" "I got the manuscript back in the mail, and it was marked up on every page," Randall told me. By the time I interviewed Randall, Cormac was spending his days at the Santa Fe Institute, a theoretical-research institute in the piñon foothills of New Mexico. "Don't do this to yourself," McCarthy told the guy, before shutting the door in his face.

Persons: Cormac McCarthy, McCarthy, —, Belying, Cormac, Lisa Randall, Randall, Gil, Jon, MacArthur, Murray Gell, Mann, it's, Einstein, they're, Doug Erwin, David Krakauer, David, Stella Maris, I'd, He'd, David Kushner Organizations: Wired, Stone, Harvard, drifters, Santa Fe Institute, Atari Locations: backwoods Florida, piñon, New Mexico, Texas, Tennessee, El Paso, Rolling Stone, SFI

☆ Ron DeSantis is quiet about his Catholic faith, but it could be his secret weapon to court voters away from Trump
▼ + stars: | 2023-06-11 | by ( Tiffany Stanley | Associated Press | ) www.businessinsider.com time to read: +13 min

Ron DeSantis rarely mentions the specifics of his religion, faith, or practice of it. Ron DeSantis delivers remarks during the Project Opioid conference at First Presbyterian Church in Orlando on Aug. 20, 2019. Ron DeSantis and his wife Casey stand during the Pledge of Allegiance at a campaign event, Wednesday, May 31, 2023, in Cedar Rapids, Iowa. Ron DeSantis and his wife, Casey, bow their heads during a prayer at a campaign event, Wednesday, May 31, 2023, in Cedar Rapids, Iowa. Ron DeSantis speaks during a campaign event, Tuesday, May 30, 2023, in Clive, Iowa.

Persons: Ron DeSantis, wouldn't, —, Joe Burbank, Brian Burch, Burch, DeSantis, Donald Trump, Joe Biden, Biden, He's, Nate Hochman, Hochman, Maria Sullivan, Casey, Charlie Neibergall, Sullivan, Piers Morgan, there's, that's, Phelan M, Paul Harvey, Cary McMullen, John F, Kennedy, El Paso Bishop Mark Seitz, Miami Archbishop Thomas Wenski, Wenski, heartburn, US Sen, Joni Ernst, David Polyansky, Ted Cruz, Bob Vander Plaats, Vander Plaats, John Stemberger, Stemberger, we've, Trump, Mike Pence, Tim Scott, Pat Robertson, Michael Binder, Tom O'Shields Organizations: Catholic, Service, Florida Gov, First Presbyterian Church, Orlando Sentinel, DeSantis, GOP, New York, Our Lady Star, Republican, Gov, AP, Lourdes Catholic School, The, Catholic Church, El Paso Bishop, Miami Archbishop, Florida Conference of Catholic, US, Policy Council, Trump, University of North, Lilly Endowment Inc Locations: Florida, GREENVILLE, S.C, Iowa, South Carolina, Orlando, Tallahassee, DeSantis, Catholic Church, Northeast Florida, Cedar Rapids , Iowa, Dunedin , Florida, Ohio, Galilee, Israel, Tampa , Fla, Lakeland , Florida, California, Texas, Des Moines , Iowa, Clive , Iowa, University of North Florida, Greenville, Easley , South Carolina

☆ What EV owners need to know about Tesla's charging partnership with Ford and GM
▼ + stars: | 2023-06-10 | by ( Associated Press | ) www.businessinsider.com time to read: +5 min

Tesla's Supercharger Network will open up to Ford and GM EV owners in 2024. As part of their move, both Detroit-area automakers have decided to adopt Tesla's EV charging connector, the plug that links an electric vehicle to a charging station. With GM and Ford joining Tesla's charging system, the rest of the auto industry may be forced to follow suit. At present, two main types of EV charging plugs exist: Tesla's North American Charging Standard and CCS, used by nearly all other automakers. GM and Ford EV owners also win because they will gain access to double the number of chargers that they had before.

Persons: Tesla, Here's, Gary Silberg, you'd, Sam Abuelsamid, Ford, Abuelsamid, Silberg, Stellantis, it's Organizations: Ford, GM EV, General Motors, GM, CCS, EV, KPMG, Associated, Energy Department, Tesla, North America, Guidehouse Insights, Ford EV, Kia, Nissan, Toyota, Hyundai, VW Locations: DETROIT, Detroit, United States, U.S, North America, North, America

☆ A former FedEx driver who couldn't afford to invest in real estate the traditional way explains how he used 'Airbnb arbitrage' to acquire 25 rental units in less than 2 years
▼ + stars: | 2023-06-02 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

If you're looking to get into real estate but don't have a ton of capital, 'rental arbitrage' is an option. You sign a long-term lease and then rent out that property on short-term rental platforms like Airbnb. Nathan Turner used this strategy to set up his first Airbnb unit with $6,400. The Turners' upfront costs would include: first month's rent, a security deposit, and furniture. Between first month's rent, a $1,200 security deposit, and furniture, they spent about $6,400 and three weeks putting together their first Airbnb in 2021.

Persons: Nathan Turner, Turner, Taniera, wholesaling, Airbnb, they'd, we've, he's, it's, I've Organizations: FedEx, Turners, Houston Locations: Houston , Texas, Houston, Louisville, Des Moines

☆ Disney CEO Bob Iger's book hints at how he'll handle company's feud with Ron DeSantis
▼ + stars: | 2023-06-01 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +13 min

Insider turned to Disney CEO Bob Iger's 2019 book for insight on how he navigates challenges. As Florida's largest attraction with more than 70,000 jobs, Walt Disney World is crucial to both the company and the state. During his first tenure at Disney, Iger orchestrated the $4 billion acquisition of Marvel without a single leak. Under predecessor Disney CEO Michael Eisner, board members said they worried that Marvel was "too edgy" and "would tarnish the Disney brand." File photo of Disney CEO Bob Iger.

Persons: Ron DeSantis, Bob Iger's, Walt, Robert Iger, Iger's, Bob Chapek, DeSantis, Donald Trump, Disney, Iger, Steve Jobs, Jobs, Bob Iger, Chris duMond, Neilson Barnard, Scott Miller, Miller, that'd, Biden, he's, gunning, Charles Sykes, Paul Hennessy, Michael Eisner, Marvel, Harris, There's, Griffin, George Lucas, Roy Disney, Walt Disney's, he'd, they've, Lucas Organizations: Disney, Florida Gov, Morning, Walt Disney, Republican Gov, Walt Disney Co, Walt Disney Company, ABC, Pixar, Marvel Entertainment, LucasFilm, Century Fox, Marvel, Apple, Getty, Democrat, Bloomberg, Walt Disney World, Board, GOP, Reuters, Republicans, Harvard, Independents, Twitter, Bauer, Jobs, iTunes, Lucasfilm Locations: Florida, Orlando, Shanghai, American, China

☆ I made $10,000 a month chatting with guys on dating apps. I got some weird requests, but most men just want to feel like someone cares.
▼ + stars: | 2023-05-31 | by ( Elle Hardy | ) www.businessinsider.com time to read: +6 min

Nicole Miranda made up to $400 a day speaking to men on the dating apps Meete and ToChat. She used to spend all her time on the apps, but now she markets them on TikTok for referrals. I was scrolling on TikTok one day when I came across a video of a girl talking about an app where guys pay to talk to you. Once I learned how to market the apps really well, I stopped hustling the guys for money because it was a lot of work and mentally exhausting. There are plenty of girls on the app still making thousands a month talking to guys, but for me, it's turned into an affiliate-marketing career.

Persons: Nicole Miranda, —, I've, they'll, it's Organizations: Service, Verizon Locations: Alburtis , Pennsylvania

☆ Adidas and Yeezy staff were told to carry on as usual and ignore Kanye West's antisemitic rants, new report says
▼ + stars: | 2023-05-25 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +2 min

Adidas and Yeezy staff were told to carry on as usual after Kanye West made antisemitic comments. A new Bloomberg report sheds light on the unraveling of the Adidas-Yeezy partnership. One unnamed source told Bloomberg that after Kanye West – now known as Ye – made antisemitic comments that led him to be suspended from Twitter and Instagram, Adidas was slow to react. Yeezy and Adidas workers were reportedly told "to keep working as if nothing unusual was happening," Bloomberg's Eugene Kim and Tim Loh wrote. "I can say antisemitic things and Adidas can't drop me.

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