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☆ He dropped out of Princeton and wrestles with imposter syndrome. Inside the unusual rise of a Wall Street tech banker.
▼ + stars: | 2024-06-28 | by ( Emmalyse Brownstein | Bianca Chan | ) www.businessinsider.com time to read: +12 min

Read previewAs a kid, Rob Chisholm was not drawn to the fast-paced, jet-setting life of a Wall Street banker. Well, maybe if I wanted to be an investment banker or something, I would care about that, Chisholm remembers thinking. Chisholm, on the other hand, is very open about his unorthodox path to Wall Street and the resulting feelings of being an outsider. AdvertisementWhen Chisholm was in college, he rejected the "cliche" of going to an Ivy League and getting a job on Wall Street. At the time, Chisholm admitted, Wall Street seemed like the "complete opposite in terms of the culture and the incentives" he thought he wanted.

Persons: —, Rob Chisholm, Chisholm, Goldman Sachs, Frank Quattrone, Eager, dealmakers, he's, Wall, Goldman, I've Organizations: Service, Wall Street, Princeton, Business, Ivy League, Citi, Qatalyst Partners, Middlesex, Princeton's, Middlebury College, ACG Partners, Deutsche Bank, Investment Locations: Canada, Antigonish, Nova Scotia, Massachusetts, Vermont, Boston, San Francisco, tooting

☆ Summer camps are cracking down on 'Sephora kids' by banning luxury skincare products
▼ + stars: | 2024-06-28 | by ( Anna Silman | ) www.businessinsider.com time to read: +8 min

Kagan said all the kids kept asking, "Can I bring my Sephora?" Related storiesBryn Mawr has become one of several ritzy sleepaway camps — including Camp Mataponi in Maine and Tyler Hill Camp in Pennsylvania — that have sent letters discouraging or explicitly banning luxury skincare products. AdvertisementJane Kagan, left, said she knew she had a problem when fourth and fifth graders were asking her about bringing their many skincare products to camp. Tali Shustik, whose 9-year-old daughter, Jett, attends Tyler Hill, said she was "thrilled" when she got the email from Siegel discouraging beauty products at camp. While Tyler Hill hasn't enacted an all-out ban, it allows campers to bring only the products they use regularly.

Persons: Jane Kagan, she's, Kagan, Stanley quenchers, Bryn Mawr, Camp Mataponi, Tyler, who's, Bryn Mawr's, Poconos, Wendy Siegel, Tyler Hill, Tali Shustik, Jett, Siegel, retinol, Shustik, I've, Rebekah Kondrat, she'd, Stanley, Kondrat, Mario Badescu, Jessica Newman, Scatico, Newman, Tyler Hill hasn't, glumly, Tali Shustik Rebecca Waxman Wuhl, Camp Canadensis, nonessential, Charlie, Ontario hadn't, I'm, Sol, It's, Dave Benett, pushback Organizations: Somerset Camp, Girls Locations: Bryn Mawr, Pennsylvania, Maine, Boca Raton , Florida, New York, Hudson, Florida, Philadelphia, Toronto, Ontario, Janeiro, Byoma

☆ Americans are finding it harder to get a new job
▼ + stars: | 2024-06-27 | by ( Alicia Wallace | ) edition.cnn.com time to read: +3 min

CNN —Americans are staying unemployed for longer, the latest Labor Department data shows, in a reflection of a slowing economy. The number of Americans receiving jobless benefits for multiple weeks climbed to its highest level since November 2021, according to a Department of Labor report released Thursday. While the number of initial claims remains near pre-pandemic levels (but well below historical averages), they’ve moved higher in recent weeks. Weekly jobless claims data, which is looked at as a proxy for layoff activity, can be highly volatile and is frequently revised. Still, the trend as of late has been an upward one, economist Ian Shepherdson wrote in a note to clients Thursday.

Persons: they’ve, Ian Shepherdson, Shepherdson, ”, “ Organizations: CNN, Labor Department, Department, Labor, Pantheon, Federal, Consumer

Tokyo CNN —Japanese prosecutors have charged a US Air Force member with allegedly kidnapping and raping an underage girl just before Christmas last year, Okinawa police confirmed to CNN on Wednesday. Washington was released on bail and transferred to the Kadena US Air Base in Okinawa for custody, according to a government spokesperson. The court’s spokesperson told CNN they do not have any details regarding the airman’s legal representation. The embassy told CNN in a phone call to contact Kadena Air Base, where Washington was based, for information on the case. CNN has contacted Kadena Air Base for comment.

Persons: Brennon, ”, Denny Tamaki, “, Alvin G, Nelson III, ” Nelson, Masataka Okano, Rahm Emanuel, Joe Biden, Fumio Kishida, Yoon Suk, David, Biden Organizations: Tokyo CNN, US Air Force, Okinawa, CNN, Kadena US Air Base, Ospreys, Okinawa Gov, Kadena Air Base, Kadena, US Navy, Mount, Japan’s, Foreign Affairs, Washington, Japanese Foreign Ministry, Embassy, Japanese, South Locations: . Washington, Naha, Okinawa’s, Washington, Okinawa, Tokyo, China, North Korea, ” Washington, Japan, curfews, Beijing

☆ Trump kept classified documents in cardboard boxes with Christmas ornaments and photos of himself: feds
▼ + stars: | 2024-06-25 | by ( Laura Italiano | ) www.businessinsider.com time to read: +1 min

The feds released new details of the "haphazard" way they say Trump kept documents at Mar-a-Lago. Classified documents were found in boxes with Christmas ornaments and photos of himself, they said. AdvertisementFederal prosecutors released new details of the "haphazard" way they say Donald Trump stored classified documents at Mar-a-Lago — including inside boxes that also held Christmas ornaments. Trump treated the nation's secrets like random "keepsakes," special counsel Jack Smith complained in a new classified documents case filing Monday night. The 30-page filing challenges defense claims that prosecutors were the ones who were reckless with classified documents.

Persons: Trump, Trump's, —, Donald Trump, Jack Smith Organizations: feds, Mar, Prosecutors, Service, Business

☆ Special counsel defends investigators’ handling of Mar-a-Lago documents kept in ‘haphazard manner’ by Trump
▼ + stars: | 2024-06-25 | by ( Tierney Sneed | Holmes Lybrand | ) edition.cnn.com time to read: +4 min

Prosecutors, with several never-before-seen images and a 30-page filing, detailed the search process and ridiculed Trump’s legal arguments. A photo of a box taken by a filter agent during the August 2022 search of Mar-a-Lago. The prosecutors highlighted how investigators found boxes with their contents spilled on the floor, which they also illustrated with photos taken by investigators and by one of Trump’s co-defendants. “Against this backdrop of the haphazard manner in which Trump chose to maintain his boxes” Trump argues that the precise order of the contents “was critical to his defense,” prosecutors said, ridiculing the argument. To bolster their arguments, the prosecutors attached several new photos of the boxes, some of which were taken during the search.

Persons: Jack Smith, Donald Trump’s, “ Trump, Trump’s, Trump, Walt Nauta, ” Organizations: CNN, Prosecutors, Trump, Lago . Department of Justice, “ Locations: Mar

☆ Music labels sue AI companies Suno, Udio for U.S. copyright infringement
▼ + stars: | 2024-06-24 | by ( ) www.cnbc.com time to read: +2 min

Major record labels Sony Music , Universal Music Group and Warner Records sued artificial intelligence companies Suno and Udio on Monday, accusing them of committing mass copyright infringement by using the labels' recordings to train music-generating AI systems. The companies copied music without permission to teach their systems to create music that will "directly compete with, cheapen, and ultimately drown out" human artists' work, according to federal lawsuits filed against Udio in New York and Suno in Massachusetts. Representatives for Suno and Udio did not immediately respond to requests for comment on the complaints. AI companies have argued that their systems make fair use of copyrighted material. Cambridge, Massachusetts-based Suno and New York-based Udio have raised millions in funding this year for their AI systems, which create music in response to user text prompts.

Persons: Udio, Mariah Carey's, James Brown's, Michael Jackson, Bruce Springsteen, Mitch Glazier Organizations: Sony Music, Universal Music Group, Warner Records, Udio, Suno, Recording Industry Association of America Locations: New York, Suno, Massachusetts, Cambridge , Massachusetts

☆ A New Yorker took her first solo trip to Greece at 38. She loved the slower pace of life so much that she moved there.
▼ + stars: | 2024-06-24 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +7 min

She told Business Insider she worked 16 hours a day some days and often worked weekends. Rodriguez told BI they'd been working hard on a new project just before being let go. AdvertisementWith her new business, Rodriguez thought she needed to stay in New York to meet clients in person. She took a solo trip to GreeceRodriguez decided to attend a friend's birthday party in Greece in June 2021. She'd never visited the country before and decided to take a 10-day solo vacation to Greece around the party.

Persons: —, Marissa Rodriguez, Rodriguez, she'd, Chris Burch, Wonder, Sofia Vergara, Renata Black's, Greece Rodriguez, She'd, New York —, couldn't Organizations: Service, New York University, Business, C.Wonder Locations: Puerto Rico, Manhattan, New York, Greece, America, Athens, there's, New York City

☆ Prince William's birthday post is a welcome change for the royal family
▼ + stars: | 2024-06-21 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +6 min

Read previewAfter months of turmoil, the tides finally appear to be turning in Prince William and Kate Middleton's favor. AdvertisementThe lighthearted photo was a welcome change from the more formal approach they've taken to their public relations strategy in the past. Kate and William shared a photo of the prince with his children for his birthdayIn the photo, Princess Charlotte, Prince William, Prince Louis, and Prince George jump in the air on a beach, each sporting a big smile. William and Kate have not acknowledged the Prince of Wales' birthday on their social media channels since 2021, and the last time they celebrated his birthday with candid family photos was 2020. AdvertisementPrince William, Kate Middleton, Prince George, Prince Louis, and Princess Charlotte attend Trooping the Colour 2024.

Persons: —, Prince William, Kate Middleton's, Kate, Prince, Princess, Wales, William, Princess Charlotte, Prince Louis, Prince George, William —, Eric Schiffer, Kristen Meinzer, Richard Pelham, Meinzer, it's, Schiffer, Kate doesn't, " Schiffer, Kate Middleton, Karwai Tang, William relatable Organizations: Service, Business, Father's, Management, Getty, Wales Locations: Prince, Wales, Kensington

☆ 10 things to watch in the stock market Tuesday including Nvidia price-target hikes
▼ + stars: | 2024-06-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

JPMorgan boosted its price target on shares of Apple to $245 each from $225 after the firm raised iPhone volume expectations in 2025 and 2026 due to artificial intelligence upgrades. More price-target hikes for Nvidia : Wells Fargo went to $155 a share from $125 at Wells Fargo while Rosenblatt Securities went to $200 from $140. Piper Sandler called the sell-off in Celsius Holdings overdone and reiterated its $90 price target and buy-equivalent rating. Meanwhile, Stifel increased its price target on the memory chipmaker's stock to $165 a share from $145 ahead of earnings June 26. Netflix 's price target raised to $750 a share from $700 by analysts at Loop Capital.

Persons: Wells Fargo, Piper Sandler, Kroger, Lennar, Netflix's, Jim Cramer's, Jim Cramer, Jim, Nvidia Piper Sandler, Merck Micron Lennar Piper Sandler Organizations: JPMorgan, Apple, Nvidia, Rosenblatt Securities, Holdings, BMO Capital, Kroger, Albertsons, Merck, Food and Drug Administration, Investors, Micron, Bank of, Netflix, Loop, NFL, Jim Cramer's Charitable, CNBC, Holdings BMO Capital, Merck Micron Locations: Wells, Bank of America's, Miami, U.S

☆ Robert Morris: Gateway Church pastor admits to past inappropriate sexual behavior with a ‘young lady,’ CNN affiliate reports
▼ + stars: | 2024-06-17 | by ( Jamiel Lynch | ) edition.cnn.com time to read: +3 min

“When I was in my early twenties, I was involved in inappropriate sexual behavior with a young lady in a home where I was staying. “God is bigger than all of that.”CNN has sought comment from, Morris and Gateway Church, as well as Clemishire and her attorney. In a statement to WFAA, Gateway Church said Morris underwent a two-year “restoration process” after a “moral failure” in his twenties. “Pastor Robert has been open and forthright about a moral failure he had over 35 years ago when he was in his twenties and prior to him starting Gateway Church. Morris’ son, James Morris, will take over senior pastor duties in 2025 with the elder Morris remaining a primary speaker on weekends, according to the church’s website.

Persons: CNN —, Robert Morris, ”, Cindy Clemishire, Morris, of, Donald Trump’s, “, ” Morris, Clemishire, it’s, “ Pastor Robert, Trump, Morris ’, James Morris Organizations: CNN, WFAA, Wartburg Watch, Gateway Church, Shady Grove, Elders, Shady, Shady Grove Church, Church, Trump’s Evangelical, Gateway’s Dallas Locations: CNN — Dallas, Grand Prairie, Shady Grove, Morris

☆ The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says
▼ + stars: | 2024-06-17 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Booth predicted that the number of large bankruptcies would climb to 25 by the end of June, surpassing the peak of large corporate bankruptcy filings during the pandemic. "When you have these large bankruptcies, liquidations, and what have you, you do have a loss of income. Meanwhile, the economy has lost around a million full time workers over the last 12 months, Booth noted. 10% of small business owners said labor costs were their "single most important problem," according to the latest Small Business Optimism Index. Booth has previously argued that the economy is already in a recession due to weakness in the labor market.

Persons: —, Danielle DiMartino Booth, bankrupcies, Booth, David Lin, Gray Organizations: Service, QI, P, Business, Companies, Challenger Locations: America

☆ Having an only child means we have more time and resources for her. But it doesn't make her spoiled.
▼ + stars: | 2024-06-17 | by ( Sara Rowe Mount | ) www.businessinsider.com time to read: +4 min

As the parent of an only child, I often field questions like, "Does she have any siblings?" I considered having more kids before I got pregnantAt one point, I considered having more than one child. Unsurprisingly, my husband was fully on board with never, ever having to go through it all again. Being a mother is still incredibly challenging for meAs an only child my daughter does get more by default. AdvertisementMy daughter's developmental delays and autism mean she needs more of my physical and emotional reserves than a neurotypical child.

Persons: brats, I've, I'm Organizations: Service Locations: Colorado

☆ Meet the Professors Whose Porn Careers Cost Them Their Jobs
▼ + stars: | 2024-06-16 | by ( Hallie Lieberman | ) www.businessinsider.com time to read: +28 min

The porn videos had titles like "Juicy Anniversary" and "Bedroom Shenanigans." In search of a man for Wilson, Gow sought advice from his therapist, who suggested joining a swingers club. In the background, Video Gow is moaning "Oh yeah" as IRL Gow says, "I've always had some ED issues." As the video ends with the big finale — the money shot, as it's known in the industry — Video Gow stands above kneeling Video Wilson, arms outstretched. The termination letter said he had failed to properly report his income from the porn videos and had violated "prohibitions for using one's public position for private benefit."

Persons: Joe Gow, Carmen Wilson, Gow, isn't, " Gow, Wilson, Bruce Springsteen, we've, It's, I'm, Simone Lueck, BI Gow, hadn't, Wilson's, Nina Hartley, Danny Mountain, who'd, We've, Cal Berkeley, Lauren Phillips, Phillips, mischievously, We’ll, We'll, Barack Obama, Geri, Jay Hart, IRL Gow, I've, she'd, Barack Obama's, Hartley, Raymond Cross, Cross, Hartley dustup, Stills, —, Tony Tomich, Moberg doesn't, Gow's, demurely, Starr, Socrates, Eugene Volokh, Roe, Diane, wouldn't, aren't, They've, Wilson wouldn't, Hallie Lieberman, She's Organizations: University of Wisconsin, selfies, CNN, The, BI, UW, La, Sony, Higher, MIT, USC, Cal, Dickinson State University, Food Network, IRL, Dartmouth, La Crosse Tribune, La Crosse, University of, FTI Consulting, Easton Moberg, Press, Stanford, Court, eBay, Sssh.com Locations: La Crosse, London, India, Gaza, Gow, Rock, San Francisco, Wisconsin, Chicago, Los Angeles, North Dakota, Arizona, Communist China, City, San Diego

☆ My dad had impeccable style. After he died, I started wearing his clothes to remember him.
▼ + stars: | 2024-06-16 | by ( Lola Méndez | ) www.businessinsider.com time to read: +4 min

As I sorted his clothes with my mom and sister, we selected items to keep. My sister kept a denim jacket and my mother his boina. My father was a foot taller than me, and wearing his clothes makes me feel protected, as if he's hugging me. Grief and nostalgia often go hand in hand. I often see the pair of Keen sandals he wore, and every time, I'm hit by a wave of grief.

Persons: Gina Moffa, I've, Moffa, He'd, Keen, I'm Organizations: Service, Business, Uruguayan, Rolex Locations: Uruguayan, Uruguay, Luxor, Egypt, Mexico

☆ trooping the colour princess kate: Catherine, Princess of Wales to attend King’s birthday celebration
▼ + stars: | 2024-06-15 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +3 min

London CNN —Catherine, Princess of Wales is to take part the Trooping the Colour celebration on Saturday - the King’s official birthday parade - in what will be her first public appearance since revealing her cancer diagnoses. The Princess of Wales - also known as Kate - will watch the rest of the parade with her family nearby, and is expected to join fellow royals on the balcony. The event - one of the highlights of the royal calendar - is a tradition marking the official birthday of the British sovereign for more than 260 years. Britain’s Kings and Queens have doubled up on their festivities since the 18th century, holding both a public celebration – the official birthday – and a more private event on the real date. Three of the British Army’s horses which bolted across in London in April have returned to duty and are expected to take part in this weekend’s birthday parade.

Persons: London CNN — Catherine, Princess, “, ” King Charles III, Britain’s, King George II, Charles III, George, King Charles, Ascot landau, Queen Camilla . Three Organizations: London CNN, Guard’s, Queens Locations: Wales, London, Buckingham Palace, British, Britain’s Kings, Ascot

☆ Nvidians Reveal Jensen Huang's Leadership Style: Admit Your Mistakes
▼ + stars: | 2024-06-14 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +6 min

Eight current and former Nvidia employees spoke to Business Insider about Huang's leadership style and what it's like to be grilled by him. This story is available exclusively to Business Insider subscribers. AdvertisementThree former senior-level employees said Huang's leadership style is based on this focus on continuous improvement and learning from mistakes. The 'Jensen grilling'Senior-level employees often experience what some have referred to as a "Jensen grilling"— intense questioning by Huang. One employee likened Huang's grilling to an attorney's interrogation, noting that he wouldn't back down until he'd made his point.

Persons: —, Jensen Huang, Mark Zuckerberg, Taylor Swift, Huang, they've, Columbo, Hunag, Jensen, he'd Organizations: Service, rockstar, Nvidia, Business Locations: Silicon Valley, Hawaii, Bay, Japan, jyotimann

☆ My dad gave me this advice when I was 7 years old—it's made me happier and healthier
▼ + stars: | 2024-06-14 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Every summer, my parents used to physically drag my little sister and me on long bike rides. Still, my dad once gave me a one-man standing ovation at a figure skating competition, even though I didn't land any jumps. When I go home for Christmas ever year, my family and I take walks, often back on the White Pine Trail. –Kamaron McNair, money reporterFrom my dad: "Don't get tattooed. –Ashley Turner, senior social media editorMy dad apparently used to sing this Hafez verse to my sisters and me.

Persons: Julia, Sauer, Megan Sauer, I'd, we've, – Kamaron McNair, Max, – Ashley Turner, Ataeiazar, he's, – Renée, Marisa Forziati Organizations: Disney, CNBC Locations: New York

☆ Catherine, Princess of Wales, making ‘good progress’ against cancer and is set to make first public appearance in months
▼ + stars: | 2024-06-14 | by ( Rob Picheta | Max Foster | ) edition.cnn.com time to read: +4 min

London CNN —Catherine, Princess of Wales, has said she is making “good progress” in her recovery from cancer, and will make her first public appearance in months at the King’s official birthday celebration on Saturday. “I am making good progress, but as anyone going through chemotherapy will know, there are good days and bad days,” the Princess, who is often known as Kate, said in a personal message released on Friday. But on the good days, when you feel stronger, you want to make the most of feeling well.”“My treatment is ongoing and will be for a few more months,” Kate wrote. It represents a significant moment in the Princess’s recovery, marking her first public appearance since Christmas Day – weeks before her cancer diagnosis. Neither royal has specified the type of cancer they are receiving treatment for, or revealed details about their progress.

Persons: London CNN — Catherine, Princess of Wales, Catherine, King Charles III’s, Kate, “, ” Kate, ”, William, Charles, Prince William, King Charles III Organizations: London CNN Locations: Buckingham, Kensington, Windsor, “, France

☆ See the first official photo of Kate Middleton since she announced she had cancer
▼ + stars: | 2024-06-14 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

Kensington Palace has released the first photograph of Kate Middleton since her cancer diagnosis. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementKensington Palace has released the first official photograph of Kate Middleton nearly four months after she announced that she has cancer. The photograph, taken of Kate at home in Windsor, was shared by the official Kensington Palace social media accounts. It came alongside an announcement from Kate that she will attend the 2024 Trooping the Colour on Saturday.

Persons: Kate Middleton, Princess, Wales, —, Kate Organizations: Service Locations: Kensington, Windsor

The streaming giant has been reaching out to broadcasters this week in the hopes of finding a partner to produce the NFL games it will air on Christmas Day this year, according to people familiar with the matter. Netflix will show two games on Christmas Day this year, followed by at least one matchup in both 2025 and 2026, the company announced last month. Unlike WWE, Netflix's deal for Christmas NFL games doesn't come with a full production team. That's because Netflix could be auditioning as a future long-term media rights partner for NFL games in place of a legacy media company, such as Paramount, Fox or NBC. Representatives for Netflix, the NFL, NBCUniversal, CBS, ESPN and Fox declined to comment.

Persons: Brock Purdy, doesn't, That's, Comcast's NBCUniversal, There's, NBCUniversal Organizations: San Francisco 49ers, Kansas City Chiefs0, Netflix, WWE, NFL, ESPN, Paramount, CBS, Disney, Fox, CBS Sports, NBC Locations: Las Vegas , Nevada

☆ Anthony Michael Hall on His Best Movie Roles: 'Breakfast Club,' 'Sixteen Candles' & More
▼ + stars: | 2024-06-13 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +14 min

On doing 10 auditions for 'Sixteen Candles' and casting John Cusack himselfJohn Cusack, Hall, and Darren Harris in "Sixteen Candles." Is it true that you were the one who cast John Cusack for the role of Bryce, one of Ted's geek friends? I remember John was doing post-production on "Sixteen Candles," and he wanted to show it to me. This is six or eight months later because he did "Sixteen Candles," "The Breakfast Club," and "Weird Science" consecutively. On Christopher Nolan's on-set uniform and developing a 'Succession'-like TV series with Robert Downey Jr.(L-R) Roberty Downey Jr. and Anthony Michael Hall.

Persons: Anthony Michael Hall, Chase, John Candy, John Hughes, Hall, Bill Gates, Christopher Nolan's, Michael Myers, Jessica Alba's, Stanley Kubrick's, Robert Downey Jr, John Candy Anthony Michael Hall, I'm, Eugene Levy, Michael, Uncle Buck, John Cusack, Darren Harris, Ted, Jackie Burch, John, Bryce, Ally Sheedy, Judd Nelson, Emilio Estevez, Molly Ringwald, Ilan Mitchell, Smith, Hughes, Ferris, Chateau Marmont, Mike Tyson, —, I'd, Tim Burton, Edward Scissorhands, Matthew Modine, Davis, Stanley Kubrick, Kubrick's, Kubrick, that's, Chaplin, Winona Ryder, Fox, Jim, Tim Burton's, Tim, Walt Disney, Roberty Downey, Eric Charbonneau, WireImage, Christopher Nolan, Burton, Nolan, it's, Downey, It's, he's, You've, I've Organizations: Business, Netflix, Warner Bros, Hall, Columbia Locations: Hollywood, Silicon Valley, Polish, New York, Manhattan, Beverly Hills, Tampa

☆ I moved from the US to Barcelona. Here are 11 things that surprised me most.
▼ + stars: | 2024-06-11 | by ( Jordan Mautner | ) www.businessinsider.com time to read: +1 min

The Caga Tió (left) and caganers figurines (right). For the whole month of December, children leave food and water out for Caga Tió, which translates to pooping log. Then they hit the log with a stick on Christmas Eve, and Caga Tió "poops out" presents. People take this tradition very seriously, the streets of Barcelona are decorated with this pooping log, and every store has one in its window. In the same vein, caganers are another fascinating Christmas tradition in Catalonia.

Persons: Jordan Mautner, Jordi —, Caga, Freddy Mercury, SpongeBob, Joe Biden Organizations: Barcelona Locations: Barcelona, Catalonia

☆ We might have Microsoft to thank for Apple seeing the light on AI
▼ + stars: | 2024-06-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Microsoft's GitHub Copilot is partly responsible for bringing a focus on generative AI to Apple, a report says. Apple's senior vice president of software engineering became a "convert" after trying it, per The Wall Street Journal. Apple execs were also impressed by ChatGPT and subsequently wanted to upgrade Siri, The New York Times previously reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn Apple exec was inspired to drive a focus on generative AI in his division after using one such tool from the competition, a new report says.

Persons: Microsoft's, Apple's, Apple execs, ChatGPT, Siri, —, Craig Federighi, GitHub Organizations: Apple, Street, The New York Times, Service, Wall, Microsoft, Business Locations: The

☆ JPMorgan upgrades Walmart, says it's time to get defensive with consumer softening into the election
▼ + stars: | 2024-06-10 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

The second half of this year is the perfect time for Walmart, according to JPMorgan. The firm upgraded Walmart to overweight from neutral and raised its price target to $81, which represents a 23% gain from Friday's close. Walmart also said it would hit the high-end of its full-year guidance as it won over more higher-income shoppers. JPMorgan said that, along with liking Walmart's individual merits, there was also a macroeconomic reason behind the call. JPMorgan said it was maintaining its 2024 EPS forecast of $2.57, which is above the $2.43 Wall Street consensus and raising its 2025 EPS estimate to $2.86.

Persons: Christopher Horvers Organizations: Walmart, JPMorgan Locations: Friday's

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