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☆ Some older workers have fond memories of sleeping at the office, but the Elon Musk-style 84-hour workweek is falling flat with younger Americans
▼ + stars: | 2022-11-20 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Some Twitter employees are working 80-hour weeks and sleeping at the office. Some older workers have fond memories of sleeping at work, but younger Americans aren't on board. Americans are divided on what to make of this, and a workplace-culture expert believes the schism reveals a generational divide. But younger workers are unlikely to buy in, said the best-selling author and workplace well-being expert Jennifer Moss. While older generations worked through the dot-com craze and the rise of Silicon Valley hustle culture, younger workers are changing attitudes around how far you need to go for your job.

☆ These 3 habits are making you feel overly busy—and it's easy to unlearn them
▼ + stars: | 2022-11-17 | by ( Natasha Piñon | ) www.cnbc.com time to read: +4 min

Dorie Clark, a leadership expert and former presidential campaign spokesperson, says lots of people are just looking at busyness the wrong way. When asked why they feel so overworked, most people cite external causes, like those incessant emails or constant Zoom calls. In a May TED Talk, Clark argued those are merely manifestations of busyness — not necessarily the root causes. Avoiding uncertaintyHuman brains are notoriously averse to ambiguity, and many of us use busywork as a way to avoid uncertainty, Clark said. And so we become busy ... so that we don't even have to ask the question," Clark said.

Christopher Gregory/Getty ImagesDonald McGahn, Trump campaign counsel: I was at the top. Trump's 2016 campaign aides said they paid about 50 people, including part-time actors, to appear as supporters for his 2016 campaign announcement. Corey Lewandowski, Trump campaign managerCorey Lewandowski: I called my wife just as we were getting onto the plane. Stuff that would be from Mars on any other campaign was perfectly normal for the Trump campaign. Mark J. Terrill/AP photo Show less Trump at the Republican National Convention while Cruz speaks on July 20, 2016.

☆ If you want to land a job or get a raise in the tech industry, you have to past a test — and pretty much everyone is cheating on the exams
▼ + stars: | 2022-11-14 | by ( Rob Price | ) www.businessinsider.com time to read: +18 min

It was one in a long line of tech certifications that Bill freely acknowledges he earned, at least in part, by cheating. And he's far from alone: In the tech industry, it's an open secret that there are thousands, if not millions, of cheaters just like Bill. The rise of exam dumps for tech certifications could have devastating consequences. But the cheating is clearly having a corrosive effect on the tech industry, particularly the hiring process. But the perception that workers from poorer countries are more likely to be cheaters can also fuel racism against foreign-born tech workers.

☆ Inside the week that changed Facebook forever: Record Meta layoffs have sowed confusion and rising anger among employees who are beginning to lash out at CEO Mark Zuckerberg.
▼ + stars: | 2022-11-12 | by ( Kali Hays | Rob Price | Sydney Bradley | ) www.businessinsider.com time to read: +12 min

Meta let go of 11,000 employees, and it's not clear which divisions and roles were most affected. After a harrowing week of record layoffs at Meta, CEO Mark Zuckerberg and other executives convened a town hall meeting on Friday for everyone who survived the cull. During the Q&A part of the call, an employee asked a question referring to Twitter's job cuts, and Zuckerberg weighed in, according to people who attended. Roughly 11,000 staff were let go, the first major job cuts in the company's 18-year history. Analysts at Jefferies called it a "Zuck U-Turn" in a research note to clients, saying the job cuts will boost profits while not impacting Meta's growth trajectory.

☆ Carl Icahn says he still thinks we are in a bear market despite Thursday's rally
▼ + stars: | 2022-11-10 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Famed investor Carl Icahn said Thursday's relief rally didn't change his negative view on the market, and he believes a recession is still on the horizon. A rally like this is of course very dramatic to say the least... but I still think we are in a bear market." The S&P 500 jumped 5.5% in its biggest rally since April 2020. Big bear-market rallies occur often because of the large short interest built up in the downturn, Icahn said. "We are going to have more wage inflation.

☆ I'm a Pennsylvania poll worker. I worked a 15-hour shift for $250, but it was worth it to help people vote — especially in a swing state.
▼ + stars: | 2022-11-10 | by ( Ananya Vahal | ) www.businessinsider.com time to read: +6 min

Aaron Stevens, 33, is a Philadelphia poll worker who worked the 2022 midterm elections in Pa. This was his fourth time as a poll worker because he loves to see his community participate. This is my fourth time as a poll worker in Philadelphia. If their information was correct, we guided them to the touch-screen voting machines and gave them extra help if needed. When I used to work as a poll worker in the past, people were worried about voting terminals getting hacked.

☆ Meta employees are shell-shocked and angry after Mark Zuckerberg laid off 11,000 workers. Remaining staff are still unsure exactly who got fired.
▼ + stars: | 2022-11-10 | by ( Kali Hays | Rob Price | Sydney Bradley | ) www.businessinsider.com time to read: +11 min

Meta let go of 11,000 employees, and it's not clear which divisions and roles were most affected. Shortly before a somber video call with tens of thousands of employees on Wednesday, Mark Zuckerberg hosted a smaller call with managers at Meta. Zuckerberg fielded questions from managers asking how laid-off employees were chosen and how long the plan had been in the works. "Class act as always," one departing employee said sarcastically of Zuckerberg's call for laid-off workers. "This will add up to a meaningful cultural shift in how we operate," Zuckerberg told remaining employees.

Employees' heads are reeling from the sheer scale of the layoffs, Insider reported Thursday. "People really didn't expect layoffs at that scale, even after the news," one employee who was spared from the layoffs told Insider. Those who didn't survive the layoffs are attributing them to Zuckerberg's poor leadership. A former recruiter at the company even said, "It took very poor leadership and mismanagement to get us in this position." One told Insider that the 38-year-old CEO "clearly appeared emotional" while addressing his new, downsized lot.

☆ Binance's bid for FTX marks one of the wildest days in crypto history
▼ + stars: | 2022-11-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Sam Bankman-Fried, founder of crypto exchange FTX. In a stunning reversal of fortune for an industry built on reversals of fortune, Bankman-Fried, more commonly known as SBF, announced that FTX, the crypto exchange he founded, would be acquired by rival exchange Binance. From a deals perspective, a few things worth noting:There wasn't a banker in sight for what could arguably be one of the most important transactions in the history of the crypto industry. for what could arguably be one of the most important transactions in the history of the crypto industry. Here's everything to know about the lead up to one of the wildest deals in crypto history.

☆ Ohio Democratic Senate candidate Tim Ryan avoids talking about Trump on the trail as he paints GOP opponent JD Vance as extreme
▼ + stars: | 2022-11-03 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +12 min

Insider spent a day following Rep. Tim Ryan across Ohio as campaigned for US Senate. He's running a tight race against GOP nominee JD Vance, despite Trump winning Ohio twice. "You are grounded, go to your room," Ryan mock-replies, before drawing his story back to the reality of his Senate campaign. Republican Senate candidate JD Vance at a GOP unity event in Canton, OH on October 27, 2022. Democratic Sen. Sherrod Brown of Ohio at a rally for Ryan in Cleveland, OH on October 27, 2022.

☆ Ledecky smashes short-course 1,500m freestyle world record
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +1 min

TORONTO, Oct 29 (Reuters) - American swimmer Katie Ledecky broke the women's short-course world record in the 1,500 metre freestyle at the FINA Swimming World Cup in Toronto on Saturday, shaving nearly 10 seconds off the previous mark set by Germany's Sarah Wellbrock. "That was my first time swimming this event in a short-course pool and I didn't know what to expect," said Ledecky, who is the reigning Olympic and world long-course champion in the distance. "The record was a fantastic performance by Sarah and I was happy to have swum this fast." Wellbrock had held the previous world short-course mark of 15:18.01 since 2019. "I didn't have it as a set goal (to break the world record).

☆ Tech stocks have gotten dramatically cheaper. Here's why it's still not time to buy even with prices at long-time lows.
▼ + stars: | 2022-10-28 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

For more than a decade, tech stocks have always come back when their prices slumped. Tech stocks have gotten cheaper in a hurry, with some big names at their cheapest prices in years. Shares of Meta (META) traded under $100 a share Thursday. That's going to hurt the tech sector, and the ongoing inflation problem and tighter financial conditions also spell trouble. On top of all that, while shares are down these tech stocks are really nowhere near a bargain because they've outperformed so dramatically for so long.

☆ How a digital nomad mom of 2 used 'geo-arbitrage' to save thousands on food and childcare while working from multiple countries
▼ + stars: | 2022-10-23 | by ( Jacob Zinkula | Jason Lalljee | ) www.businessinsider.com time to read: +7 min

Lona Alia and her husband are digital nomads, working remotely while traveling the world with their children. They save money this way through "geo-arbitrage," living in lower-cost countries while earning a US salary. Expenses like food and childcare are much cheaper in the countries she visits than in the US, Alia said. Nearly 17 million Americans describe themselves as digital nomads, a 9% increase from 2021 and 131% from 2019, MBO Partners' 2022 State of Independence study found from a survey of more than 6,000 US adults, including 901 current digital nomads. Alia says the geo-arbitrage of living in lower-cost countries has allowed her family to save "so much money."

☆ Fire-razed lots in Colorado are going for up to $1.5 million as buyers bet on recovery from a wildfire that destroyed 1,000 homes. The prices signal that the appeal of the mountains still trumps clima
▼ + stars: | 2022-10-22 | by ( James Rodriguez | ) www.businessinsider.com time to read: +8 min

In late 2021, a wildfire tore through the Boulder suburbs and destroyed nearly 1,100 homes. Roughly 10 months after that blaze, known as the Marshall Fire, the vast majority of the burned lots remain vacant. "Open space with the ability to build what you want — that really doesn't exist in Boulder County," Jennifer Eiss, a Boulder real-estate agent with Compass, said. The median sale price for Marshall Fire lots that sold in the third quarter was $416,000, according to MLS data. Newer, more-sustainable building methods, combined with an emphasis on protective borders around homes, could help mitigate fire risks, Pechet said.

☆ A real estate investor who is financially independent from his 25-unit portfolio that he built in 4 years shares his best advice to rookie investors and how to 'find good deals'
▼ + stars: | 2022-10-21 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Real estate investors agree that a key to succeeding is networking with the right people. Knowing very little about real estate investing at that point, Mark told her he'd think about it. He agreed, called up a real estate agent he knew in the area, and told her he wanted to invest in real estate. "The best way to network, no matter where you live, is to find a local real estate meet-up group." Anyone can use it to connect with real estate investors and find events to attend.

☆ A 55-year-old who never made more than $52,000 a year built a 25-unit real estate portfolio in 5 years and is now financially independent: 'If I can do it as a basic blue-collar worker raising a famil
▼ + stars: | 2022-10-09 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +14 min

A former cop who never earned more than $52,000 built a 25-unit real estate portfolio. He spends time managing his investments, including a 25-unit real estate portfolio, which Insider verified. Here's how Mark built a 25-unit real estate portfolio in just five years on a salary that never exceeded $52,000 a year. He agreed, called up a real estate agent he knew in the area, and told her he wanted to invest in real estate. "At that time, I had not read any real estate books, I had not watched any YouTube videos, and I really didn't know anything about buying real estate," said Mark.

☆ A 31-year-old woman started her own trucking business with no money and made $1.4 million in one year. Here's how she did it.
▼ + stars: | 2022-10-09 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

Brittany Traylor was a truck driver for five years before starting her own trucking company in 2021. Through brokerage and dispatching, Traylor Transpo generated $1.4 million in revenue last year. In January 2021, she established her trucking brokerage and dispatching company, Traylor Transpo. Becoming a trusted ally in a difficult fieldTraylor was a truck driver for five years before starting her business. Yet Traylor encourages anyone interested in starting a trucking business not to be dissuaded by the market.

☆ I built a treehouse for fun and it now books 2 years out on Airbnb. Here's how I set up the $389-a-night rental that made enough for me to quit my job.
▼ + stars: | 2022-10-07 | by ( Jamie Killin | ) www.businessinsider.com time to read: +6 min

He started renting the unique home on Airbnb and now has guests booked two years in advance. The Airbnb has become so popular that Bahouth was able leave his job and pursue hosting full-time. I built my treehouses 24 years ago, and I never imagined them as an Airbnb. Then I said to myself, "You know what, there's one way to get out there, and that's to build that treehouse." That's the only way you can survive in this, and that's why I'm doing fine financially.

☆ The US Navy keeps finding traces of jet fuel in the water on the aircraft carrier USS Nimitz, even after it thought the water was safe
▼ + stars: | 2022-09-28 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

The US Navy recently found traces of jet fuel in the water on board the USS Nimitz aircraft carrier. Those laboratory tests, which were conducted several days after traces of jet fuel were initially detected in the ship's water, did not reveal any "measurable" amounts of hydrocarbons, highly-combustible jet fuel components, Ensign Bryan Blair, a Navy spokesperson, told Insider. Navy Times reported that traces of jet fuel — also known as jet propellant-5 or simply JP-5— was originally found in the Nimitz's water system on September 16 while the ship was in the Pacific Ocean. USS Nimitz Spokesman Lt. Cmdr. The USS Nimitz was built by Newport News Shipbuilding and commissioned in 1975.

☆ Crypto exchange FTX is replacing its U.S. president
▼ + stars: | 2022-09-27 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Brett Harrison, the U.S. president of the crypto exchange FTX, announced his resignation on Tuesday, with the company in the midst of a massive expansion effort. "I have deep gratitude for my experiences at FTX in the last year and a half," he wrote in a tweet. Harrison joined FTX, whose parent company is based in the Bahamas, in May 2021 after spending close to two years at Citadel Securities. In addition to Voyager Digital, FTX has been seeking out distressed crypto assets in the U.S. as it tries to expand its market share during the so-called crypto winter. "We really didn't mean to mislead anyone, and we didn't suggest that FTX US itself, or that crypto/non-fiat assets, benefit from FDIC insurance," Harrison wrote on Twitter at the time.

☆ A NYFW show that couldn't quite bridge the chasm between the 'insular, and male' world of web3 and fashion
▼ + stars: | 2022-09-20 | by ( Caroline Haskins | ) www.businessinsider.com time to read: +7 min

At New York Fashion Week, veteran designer Vivienne Tam showcased a metaverse-themed collection featuring various NFT characters. Kerry Chrapliwy — CEO of a marketing agency representing Gemini, a cryptocurrency exchange platform that co-sponsored the show — said web3 world has a reputation for being geeky, insular, and male, which needs to change. A divide became clear, though, despite the overlap between the fashion world and the NFT world — like being environmentally disastrous and needing disposable income to participate — their communities do not easily merge, even in a space dedicated to facilitating just that. They didn't seem to know about the NFT element of Tam's collection, didn't care, or both. Their jobs involve a combination of working with the clothes, with models, and in the case of this collection, with people in the NFT world.

☆ Airline passengers with disabilities share their travel nightmares: Being forgotten on planes, receiving damaged wheelchairs, or facing life-threatening injuries
▼ + stars: | 2022-08-22 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +13 min

Wheelchair users are caught in the chaos, risking lost or damaged wheelchairs or even life-threatening injuries. Similar incidents have occurred, in which wheelchair users developed serious infections from an injury sustained during or after a flight, Brown said. On July 26, the Department of Transportation released the Airline Passengers with Disabilities Bill of Rights, which outlines the ten fundamental rights of passengers with disabilities. Ansley added that it would also be ideal if wheelchair users could use their own wheelchair to fly. This could include carving a space at the beginning of the aircraft so that wheelchair users don't have to transfer to an aisle chair.

☆ What causes road rage? Big, expensive cars.
▼ + stars: | 2022-05-12 | by ( Adam Rogers | ) www.businessinsider.com time to read: +12 min

The more expensive the car, the less likely the driver was to yield the right of way. Anecdotally and statistically, evidence is mounting that driving itself turns people into bad drivers — and that maybe pricier, fancier, bigger cars make them even worse. Making cars bigger made them deadlier. "They are in a bigger car," says Bart Claus, a marketing researcher at IÉSEG School of Management in France who was one of the paper's authors. The only way to fix the fact that cars make us unsafe is to reduce the number of cars.

☆ I'm a 32-year-old software engineer at a Big Tech company making $183,000. I know I've been incredibly lucky, but I'm still underpaid.
▼ + stars: | 2022-03-07 | by ( Rachel Durose | ) www.businessinsider.com time to read: +6 min

In this journey, a software engineer at a major tech company shares how he landed the role. I've been in my role for five years, and I made just under $183,000 in base pay and stock last year. IT security consultant, $74,000When I graduated college, where I studied computer science, the only job offer I could get was for an information-security consulting job. I didn't bother negotiating with that first job because it was the one job offer I had and they let me pick where I wanted to work. I got a job offer from a restaurant-tech company in Boston for $112,000 a year and one for an online-shopping app in the Bay Area.

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