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☆ Obama says his advice for success in any career is 'just learn how to get stuff done'
▼ + stars: | 2023-06-02 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

Barack Obama talked in a recent interview about finding meaning in and outside of work. The former US president said his main advice for workers is to "just learn how to get stuff done." He said pursuing a career path that aligns with your passions will pave "an extraordinary career." In an interview with LinkedIn's editor-in-chief Daniel Roth, Obama talked about career advice, finding purpose in work, and the role AI will play in reshaping the workforce. When asked about the rise of AI, Obama said society will have to start to have conversations that re-examine how we approach work.

Persons: Barack Obama, —, Daniel Roth, Obama, Louis, Roth Organizations: Service, Netflix, Pulitzer Locations: pandemics

☆ Nvidia's founders came up their trillion-dollar idea while spending hours drinking Denny's coffee and eating Grand Slam breakfasts: 'We were not good customers'
▼ + stars: | 2023-06-01 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

Nvidia's cofounders told WSJ they came up with the idea for the company over breakfast at Denny's. The company, worth $1 trillion, makes graphics cards for gaming and chips that power AI tech. Nvidia with well-positioned to profit off the AI arms race, Insider previously reported. "We were not good customers," Nvidia cofounder Chris Malachowsky told the Journal. You can read more about Nvidia's founding over at The Wall Street Journal.

Persons: Nvidia's cofounders, Nvidia cofounders Jensen Huang, Chris Malachowsky, Curtis Priem, Huang, Alan Diaz, Bard, Matthew Fox, Mark Zuckerberg's, Steve Jobs, Steve Wozniak Organizations: Nvidia, Morning, Wall Street, WPP, Facebook, Mark Zuckerberg's Harvard, Apple, Jobs Locations: San Jose , California

☆ 'The Little Mermaid' defied backlash and review-bombing by opening at No. 1
▼ + stars: | 2023-05-30 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

"The Little Mermaid" debuted this weekend and was "review-bombed" on some movie-review sites. Since Disney announced its live-action remake of "The Little Mermaid," the film has been targeted with online hate, namely racist complaints about Halle Bailey being cast as the mermaid Ariel. But that didn't stop it from taking the top spot at the weekend box office upon its release in the US. Despite backlash and review-bombing, the film had a notable opening weekend for box office earnings: The film was the fifth highest-grossing release on Memorial Day weekend in history, per IMDb. 'The Little Mermaid" ticket sales did beat out Disney's 2019 live-action remake of "Aladdin," which grossed $116.8 million when it opened on Memorial Day.

Persons: Halle Bailey, Ariel Organizations: Disney, Rotten

☆ Tom Hanks' rant about the frustrations of movie night in the streaming era is hilarious — and right on the money
▼ + stars: | 2023-05-30 | by ( Grace Mayer | ) www.businessinsider.com time to read: +4 min

Tom Hanks sounded off in an interview on the plethora of entertainment options available today. He suggested that going to a movie in theaters is a worthwhile compromise. Actor Tom Hanks vented a bit about exactly that in a podcast interview with The New Yorker, offering up some highly relatable observations. Great, you pick up the remote and it takes you forever to agree on what you're going to watch on Apple or Netflix or Hulu or Amazon Prime. Hanks, who currently stars in Netflix's "A Man Called Otto," has a history of being outspoken about the industry's move toward streaming.

☆ Obama agreed to spending cuts to end the 2011 debt ceiling crisis. Here's what happened next
▼ + stars: | 2023-05-30 | by ( Tami Luhby | ) edition.cnn.com time to read: +4 min

What happened after the 2011 deal was signedThe joint committee in 2011 was tasked with finding additional deficit reduction measures to offset a $1.2 trillion increase in the debt ceiling. The committee did not accomplish its goal, which triggered the spending caps, known as sequestration. In the end, spending was curtailed by about $1.5 trillion out of the total $2.1 trillion agreed to in the 2011 deal, Riedl said. One of the major sticking points to ending the debt ceiling impasse was the depth of the spending cuts. “People were operating under the presumption that the spending caps would never actually happen,” Payne said.

☆ Arby's employee who died after she was accidentally locked inside walk-in freezer 'beat her hands bloody' trying to get out, lawsuit says
▼ + stars: | 2023-05-28 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

The children of a woman who died in a Louisiana Arby's earlier this month are suing for negligence. The lawsuit claims Nguyet Le died because a broken freezer latch caused her to be locked inside while alone in the restaurant. The suit also alleges multiple managers were aware the latch had been broken for at least nine months before Le's death. Employees allegedly used a screwdriver to get the door open, and often propped the door open with a box so the freezer, kept at -10 degrees Fahrenheit or below per company policy, didn't close all the way, according to court documents. Le's children are seeking at least $1 million in damages, claiming Arby's and the franchisees were negligent in failing to inspect and repair the broken freezer latch for at least nine months.

☆ Budding fashion designers are learning the benefits of creating digital outfits for Roblox
▼ + stars: | 2023-05-27 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

This year the Parsons School of Design teamed up with Roblox, an online gaming platform, for a design course. The course aims to prepare students for a fashion world that's increasingly merging with the digital world, The Verge reported. Digital designs on platforms like Fortnite have already proved to be profitable on these platforms. The digital fashion sector will be worth $50 billion by 2030, according to Morgan Stanley. And luxury fashion brands, including Gucci and Burberry, are already designing for the metaverse and Roblox, Insider reported.

☆ A retailer just blocked 42,000 customers from its site for returning too many items. It could trigger a new wave of returns backlash.
▼ + stars: | 2023-05-25 | by ( Grace Mayer | Associated Press | ) www.businessinsider.com time to read: +3 min

Sweden-based online fashion retailer Bootz AB blocked 42,000 customers for returning too many items. Bootz's policy is part of a larger trend among retailers who are charging customers for making too many returns. While levying these measures against customers isn't new, shoppers are making more returns than ever before, Insider reported. Some retailers are now wanting customers to shoulder the cost of returns, by charging them fees to make those returns, Insider reported. Amazon, TJ Maxx, and Abercrombie & Fitch, are just a few brands that are charging customers who make online returns.

☆ An influencer posted a promotion for Biore that talked about surviving a mass shooting. People were horrified.
▼ + stars: | 2023-05-25 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Bioré and an influencer faced backlash for a sponsored video that mentioned a school shooting. In the video, the influencer Cecilee Max-Brown talked about coping with anxiety after she survived the shooting. Critics said the brand's video, which was part of a mental health awareness campaign, trivialized school shootings. From a school shooting, to having no idea what life is going to look like after college. A Bioré spokesperson told Insider that the brand's intention wasn't to imply Bioré products would help with mental health.

☆ Watch CNBC's full interview with former TikTok CEO Kevin Mayer
▼ + stars: | 2023-05-25 | 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 EmailWatch CNBC's full interview with former TikTok CEO Kevin MayerFmr. TikTok CEO and Candle Media Co-CEO Kevin Mayer joins 'Last Call' to discuss the state of streaming as more major platforms announce changes and mergers.

Persons: Kevin Mayer Fmr, Kevin Mayer Organizations: Candle Media

☆ Anheuser-Busch loses LGBTQ+ equality rating from Human Rights Campaign for handling of Bud Light backlash
▼ + stars: | 2023-05-22 | by ( Grace Mayer | ) www.businessinsider.com time to read: +5 min

The Human Rights Campaign removed Anheuser-Busch's equality score and "Best Places to Work Title." The group has since removed this designation in response to the company's handling of backlash from a Bud Light promotion that featured transgender influencer Dylan Mulvaney, USA Today reported. In April, Mulvaney posted a promotion on her Instagram that featured custom Bud Light beer cans with prints of her face. In a statement provided to Insider, Jay Brown, senior vice president of programs, research, and training at Human Rights Campaign, said the group decided to suspend Anheuser-Busch's equality score after several attempts to contact the company's executive team. Last year, the Human Rights Campaign gave Anheuser-Busch its highest equality rating: a 100 on its 2022 Corporate Equality Index score, a tool that weighs a company's corporate policies, practices, and benefits for its LGBTQ employees.

☆ The No. 1 skill that sets successful introverts apart from most other people: It's 'what helps us thrive'
▼ + stars: | 2023-05-21 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

There's a common misconception that introverts have to mimic stereotypically extroverted personalities to succeed: Be outspoken, always raise your hand and command a room. "If you know that you prefer smaller settings, you might not want to apply for a job at a large corporation," Allen says. The most daunting part might be opting out of extrovert-friendly situations without bothering anyone else, Allen says. Allen's advice: Come prepared with clear examples of situations you'd like to avoid, how you'd like to contribute instead and why it'll make you both happier and more productive. DON'T MISS: Want to be smarter and more successful with your money, work & life?

☆ This CEO said he ditched brainstorm meetings and his employees loved the change
▼ + stars: | 2023-05-19 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

With idea generation starting outside of meetings, Drew Himel said meetings now avoid digressions. The change has cut down on the overall number of weekly meetings too, Himel told Insider. Himel told Insider over email that since making the change, he's noticed his team has shown up well-prepared to contribute to meetings. Himel said Fireside used to have 20-minute daily meetings, but they've cut those meetings down to one weekly 20-minute meeting. "If you think about how that compounds with each individual's time spent in meetings, we're saving tens of hours on a weekly basis now," Himel told Insider.

☆ Oscar Mayer says goodbye to the historic Weinermobile. Next up: the Frankmobile.
▼ + stars: | 2023-05-18 | by ( Will Gendron | ) www.businessinsider.com time to read: +4 min

This week Oscar Mayer renamed its Weinermobile. "This month, we are introducing a tasty new recipe with a more balanced flavor profile and iconic beefy taste that is more flavorful than ever," an Oscar Mayer spokesperson told Insider. The original model was 13 feet long and was designed by the General Body Company of Chicago, Oscar Mayer says. A view of the Oscar Mayer Wienermobile 75th anniversary at West 75th street in Manhattan. Photo by Rob Kim/Getty ImagesIn its current state, the Oscar Mayer initiative offers jobs to new college graduates to drive around the country and promote the brand.

☆ Oscar Mayer’s Wienermobile is getting a new name
▼ + stars: | 2023-05-17 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Oscar Mayer’s Wienermobile is driving off into the sunset. Oscar Mayer says the new Frankmobile name “pays homage” to the new recipe for its hot dogs rolling out this summer. The brand’s new recipe for hot dogs represents the first change to Oscar Mayer’s franks in six years. Oscar Mayer, owned by Kraft Heinz (KHC), has often used cheeky marketing tactics to attract attention to its packaged products. Kraft wrote down the value of its Kraft and Oscar Mayer brands in 2019 by $15 billion because consumers have shifted their preferences away from processed foods.

☆ Elon Musk was asked what he'd tell his kids about choosing a career in the era of AI. His answer revealed he sometimes struggles with self-doubt and motivation.
▼ + stars: | 2023-05-17 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Elon Musk was asked in a CNBC interview how he would advise his kids on careers in the AI age. As many companies develop AI, Musk has repeatedly expressed concern about the technology. Elon Musk expressed concern about AI technology and reflected on his own self-doubt and motivation when faced with the technology's capabilities, in an interview Tuesday night with CNBC's David Faber. At the end of the hour-long interview, the Tesla CEO was asked how he would advise his kids on pursuing valuable career paths, given the rapid developments of AI technology. Ultimately, Musk advised his kids, and by extension people entering the workforce, to pursue work that will be useful to humanity.

☆ Kraft Heinz unveils customizable sauce dispenser with more than 200 condiment combos for restaurants
▼ + stars: | 2023-05-17 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Now, Kraft Heinz wants to offer customers more than three times that number of condiment options through a new customizable sauce dispenser, created for food-service clients. The machine, called the Heinz Remix, is the latest example of Kraft Heinz leaning into its away-from-home segment to grow sales. In the first quarter, Kraft Heinz's North American food service division reported sales growth of more than 25%. In its latest quarter, Kraft Heinz reported North American sales grew by 6.2% as higher prices offset shrinking demand from inflation-weary shoppers. Shares of Kraft Heinz have fallen 3% this year, giving it a market value of $48.5 billion.

☆ Is Twitter's new CEO, Linda Yaccarino, being set up to fall off the 'glass cliff'?
▼ + stars: | 2023-05-16 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +5 min

Elon Musk appointed Linda Yaccarino, a former NBCUniversal exec, to succeed him as CEO of Twitter. Amid Twitter's turmoil, some suggest that Yaccarino could fall prey to the so-called "glass cliff." While men often glide on a "glass escalator" to the corner office, women often confront a "glass ceiling." "I wish we were seen as good leaders in good times, too." I wish we were seen as good leaders in good times, too."

☆ Wikipedia cofounder slams Elon Musk for caving to Turkey's government and censoring tweets, says Wikipedia fought similar demands and won
▼ + stars: | 2023-05-15 | by ( Grace Mayer | ) www.businessinsider.com time to read: +4 min

Twitter announced it would "restrict access to some content in Turkey" right before the country's presidential election. Wikipedia cofounder Jimmy Wales criticized Twitter CEO Elon Musk's decision to restrict content. Twitter's Global Government Affairs account had tweeted about the changes ahead of Turkey's presidential election held on Sunday. Turkey's highest court determined that blocking the website was unconstitutional, and access to Wikipedia was restored in January 2020, The New York Times reported. Before Musk, Twitter agreed to around 50% of government requests.

☆ This couple moved to Alaska to start a dog sledding business. They now spend their days giving wilderness tours with their 32 dogs.
▼ + stars: | 2023-05-14 | by ( Grace Mayer | ) www.businessinsider.com time to read: +1 min

They decided to move from California to Alaska to start their own dog sled tour business. They spend their days leading tours, and taking care of their 32 sled dogs and their baby son. Their days are filled with wilderness tours and training and caring for their 32 sled dogs. Finding a dog sitter to look after 32 dogs, for example, has proved to be a challenging task for the couple in the past. But we've literally dedicated our entire life to having the sled dogs," Alyssa said.

☆ The body of an Arby's employee was found in a walk-in freezer at a Louisiana location — and police think it may have been an accident
▼ + stars: | 2023-05-12 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

A woman's body was found in a freezer at an Arby's in Louisiana Thursday evening. The woman who died was an employee at the Arby's restaurant in New Iberia, and her body was found by another employee, according to the spokesperson. Leland Laseter told told News 15. Hughes confirmed that the New Iberia Police Department would release an announcement with more information on the investigation later on Friday. The Arby's where the woman's body was found is located at 1120 E. Admiral Doyle Drive in New Iberia's Lagniappe Village shopping center, Hughes confirmed.

☆ Let the guessing game begin! Elon Musk's cryptic Twitter CEO tweet drives speculation — and plenty of joke theories
▼ + stars: | 2023-05-12 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Elon Musk offered few clues about Twitter's next CEO, besides that "she" will take over in weeks. The cryptic post drove plenty of people on Musk's platform to suggest possible contenders. One serious guess came from tech journalist Kara Swisher, who laid out her case and observations in a Twitter thread. An NBCUniversal spokesperson told Insider that Yaccarino was preparing for the Upfronts, an event where media companies pitch advertisers. Guesses included famous tech names, some quickly debunkedYou didn't have to look far on Twitter to see some famous tech names like Sheryl Sandberg, Marissa Mayer, or Susan Wojcicki being floated.

☆ Twitter’s new encrypted message feature criticized by security and privacy experts
▼ + stars: | 2023-05-11 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

In addition, encrypted messages may only be sent between two individuals, not groups. Both participants must either have exchanged direct messages in the past, or the recipient of an encrypted message must already follow the sender. Twitter’s former chief information security officer, Lea Kissner, publicly pleaded with Twitter’s current engineering team to improve the feature quickly. And it announced that its goal is to provide a similar level of protection as other privacy-preserving apps that come highly recommended by security experts, such as Signal. The lack of so-called end-to-end encryption makes Twitter’s implementation largely meaningless, security experts said.

☆ AI could rebuild the middle class, or in the worst-case scenario 'we use AI to kill each other,' says labor economist
▼ + stars: | 2023-05-11 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Labor economist David Autor told NPR he believes AI could revitalize the middle class. "The good scenario is one where AI makes elite expertise cheaper and more accessible," Autor told NPR. "First of all, we live in the physical world, which most machines do not," Autor told NPR. "In my mind, I actually think the irony is that the labor market is the least scary part of this at the moment," Autor told NPR. Autor also said, in a worst-case scenario, "we use AI to kill each other" — echoing similar warnings from other researchers.

☆ A billionaire's top advice for success? Cut out toxic people
▼ + stars: | 2023-05-08 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Berkshire CEO Warren Buffett and vice chairman Charlie Munger doled out business and life advice. Munger's "great lesson in life" is to cut out toxic people who can hinder your path to success. Munger, in particular, stressed that toxic people could hinder someone's path to success. And one in nine US workers have said they've experienced a toxic workplace. And if that toxic manager or employee doesn't seem to be changing, per Munger's advice, it may be time to cut them loose.

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