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☆ A real estate investor who got started at age 38 shares the top 3 pieces of advice for beginners that helped him build a $2.7 million in just 4 years
▼ + stars: | 2023-04-29 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +6 min

Dan Rivers has amassed a 16-unit real estate portfolio worth $2.7 million in total. Rivers built his portfolio in just 4 years, after getting started in real estate at the age of 38. Real estate investor Dan Rivers is an excellent example of why it's never too late to begin working towards financial freedom. In the first year at his new job as a real estate agent, Rivers only made $28,000. In other words, don't simply ask for advice and risk making a seasoned investor think you're wasting their time.

☆ What it was like to pilot the supersonic Concorde jet
▼ + stars: | 2023-04-27 | by ( Francesca Street | ) edition.cnn.com time to read: +28 min

It’s said that during the aircraft’s 27 years of service, there were more qualified American astronauts than there were British Airways Concorde pilots. Supersonic flyingA photo of Concorde pilot Barbara Harmer, Concorde at the controls for a London to New York flight in 1993. Concorde: When supersonic travel was a reality 02:32 - Source: CNNThe small pool of Concorde pilots also meant everyone knew everyone. It would take him back to the day he stood at Heathrow, watching the first commercial Concorde flight take off. Future of supersonic flightAlmost two decades since Concorde’s final flight, the allure of supersonic flight hasn’t waned, with companies such as Boom Supersonic plotting plans for Concorde’s successor.

☆ Sam Altman is building his utopia, whether you want it or not
▼ + stars: | 2023-04-27 | by ( Melia Russell | Julia Black | ) www.businessinsider.com time to read: +41 min

Altman told Insider, "We debate our approach frequently and carefully." "I don't think anyone can lose your dad young and wish he didn't have more time with him," Altman told Insider. Altman told Insider that his thinking had evolved since those posts. (When asked about guns, Altman told Insider he'd been "happy to have one both times my home was broken into while I was there.") When asked about this, Altman told Insider in an email: "i can guess what that's about; these stories grow crazily inflated over the years of getting re-told!

☆ He's played chess with Peter Thiel, sparred with Elon Musk and once, supposedly, stopped a plane crash: Inside Sam Altman's world, where truth is stranger than fiction
▼ + stars: | 2023-04-27 | by ( Melia Russell | Julia Black | ) www.businessinsider.com time to read: +41 min

But, "you do at some point need to start having contact with reality," he told Insider. The plan was still only a rough sketch, Blania told Insider, but that didn't seem to matter to his host. "He always wanted to understand everything at a very deep level," Thrun told Insider in an email. (When asked about guns, Altman told Insider he'd been "happy to have one both times my home was broken into while I was there.") When asked about this, Altman told Insider in an email: "i can guess what that's about; these stories grow crazily inflated over the years of getting re-told!

☆ Kabul airport attack 'mastermind' killed by Taliban, US officials say
▼ + stars: | 2023-04-25 | by ( ) www.reuters.com time to read: +1 min

Soldiers, Airmen and civilian staff receive casualties who were injured outside of Hamid Karzai International Airport and evacuated to the U.S. Army-operated Landstuhl Regional Medical Center (LRMC) for further care in Landstuhl, Germany August 27, 2021. Landstuhl Regional Medical Center/Marcy Sanchez/Handout via REUTERSWASHINGTON, April 25 (Reuters) - The Taliban have killed an Islamic State militant who was the "mastermind" behind a suicide attack at Kabul's international airport in 2021 that killed 13 U.S. troops and scores of civilians during the United States' chaotic evacuation from the country, U.S. officials said on Tuesday. The Afghan affiliate of Islamic State, known as Islamic State Khorasan or ISIS-K, after an old name of the region, is an enemy of the Taliban. Fighters loyal to Islamic State first appeared in eastern Afghanistan in 2014 and later made inroads in other areas. Reporting by Idrees Ali and Phil Stewart; Editing by Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

CNN —The ISIS-K leader who planned the deadly 2021 suicide bombing at the Kabul international airport’s Abbey Gate was killed by the Taliban, according to the National Security Council. Kirby did not specify when the Taliban killed the ISIS-K leader, but called it one in a “series of high-profile leadership losses” that ISIS-K has suffered this year. The terrorist who carried out the suicide bombing, Abdul Rehman Al-Loghri, had been released from prison only days earlier when the Taliban took control of the area. ISIS-K stands for ISIS-Khorasan, the terror organization’s affiliate that is active in Afghanistan and the surrounding region. Taylor Hoover, who was killed in the bombing, told CNN that he was notified by the military Tuesday morning.

CNN —Disgraced R&B singer and convicted sex trafficker R. Kelly has been transferred to a federal prison in North Carolina. R. Kelly, whose full name is Robert Sylvester Kelly, was moved to FCI Butner Medium I, a “medium security federal correctional institution,” according to the Federal Bureau of Prisons website. The Butner complex sits north of the Raleigh-Durham area and includes two medium security facilities, a low-security facility and a medical facility. He was already serving a 30-year sentence on racketeering and sex trafficking charges after being convicted in New York in September 2021. “Numerous seated jurors were either familiar with accusations that Defendant had a history of sexually abusing underage girls, had previously faced legal problems, and/or had seen the highly unflattering docuseries, Surviving R. Kelly, in which several government witnesses had appeared,” a brief filed last Wednesday said.

☆ Taliban Kill Head of ISIS Cell That Bombed Kabul Airport
▼ + stars: | 2023-04-25 | by ( Karoun Demirjian | Eric Schmitt | ) www.nytimes.com time to read: +1 min

WASHINGTON — The Taliban have killed the leader of the Islamic State cell responsible for the suicide bombing at the international airport in Kabul, Afghanistan, in August 2021 that killed 13 U.S. troops and as many as 170 civilians, four senior American officials said on Tuesday. The administration on Monday began calling relatives of the American troops who died in the attack to tell them that the leader of the terrorist cell had been killed by Taliban security forces in recent weeks. The American officials said that U.S. intelligence analysts became aware in early April that the mastermind of the attack, whom they declined to identify, had died in a Taliban operation in Afghanistan. It was unclear whether the Taliban were specifically targeting the insurgent or he was killed in one of the increasing number of attacks between Taliban and Islamic State fighters, the officials said. But the officials offered no evidence to support that conclusion or other details about his purported death.

☆ China doesn’t want US cars like Ford and General Motors. That’s a big problem for their futures.
▼ + stars: | 2023-04-24 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

America has a problem: China — the world's largest car market — doesn't want its vehicles. In 2022, data shows Ford and General Motors' car sales in China each dropped more than 20% from the year before. My colleagues Alexa St. John and Nora Naughton break down how the future of US automakers hinges on China. Although Google founder Larry Page's flying car company Kittyhawk majorly flopped, it left us with some interesting vehicles. Hop aboard to see all the funky flying car models here.

☆ Taylor Swift sends powerful message to women on tour
▼ + stars: | 2023-04-23 | by ( Emily Halnon | ) edition.cnn.com time to read: +7 min

CNN —My first stirrings of discomfort at Taylor Swift’s show in Las Vegas hit after the infectious beat faded from fan-favorite “Cruel Summer,” the second song in her supersized set. Challenging double standardsTaylor Swift flexes during her performance at Allegient Stadium in Las Vegas. And whether we were cringing in our seats, like me, or cheering her on, also like me, her words delivered a powerful message. Like Swift, who will perform for over three straight hours on every night of this 52-stop tour, I’m also an endurance athlete. Over the course of this tour, millions of women will watch her share her success.

☆ Upfront's Mark Suster has become the star of LA's booming startup scene. Not everyone is a fan.
▼ + stars: | 2023-04-18 | by ( Ben Bergman | ) www.businessinsider.com time to read: +29 min

"I have worked with more than 50 VCs and nobody comes close to what it is like to work with Mark Suster," said a founder backed by Suster. "Mark and the Upfront Summit helped put LA tech and investing on the map," said Jeffrey Katzenberg, the cofounder of DreamWorks and WndrCo. Several years ago, a founder whose startup Suster invested in was in a conference room rehearsing their presentation for the Upfront Summit. If you're going to put him on your board, you're letting the fox guard the henhouse. "If you're going to put him on your board, you're letting the fox guard the henhouse."

☆ A future 'God-like AI' could destroy humans or make them obsolete if not properly contained, a prolific AI investor warned
▼ + stars: | 2023-04-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

Ian Hogarth — who has invested in over 50 AI companies — wrote an FT essay warning about the tech. "God-like AI could be a force beyond our control or understanding, and one that could usher in the obsolescence or destruction of the human race," he added. At some point, someone will figure out how to cut us out of the loop, creating a God-like AI capable of infinite self-improvement," Hogarth added. He also warned that the heated competition between those at the forefront of the technology, like OpenAI and Alphabet-owned DeepMind, risks an unstable "God-like AI" because of a lack of oversight. In a 2019 interview with the New York Times, OpenAI CEO Sam Altman compared his ambitions to the Manhattan Project, which created the first nuclear weapons.

☆ The head of tech at indie music publisher TuneCore credits the company's growth to its collaborative approach to building new products
▼ + stars: | 2023-04-13 | by ( Nicholas Fearn | ) www.businessinsider.com time to read: +6 min

Thanks to the advancement of technology, music is transforming rapidly and becoming more accessible than ever before. In an industry dominated by behemoths like Spotify and Apple Music, TuneCore continues to strengthen. The mastermind behind TuneCore's product, technology, and operations is chief technology and product officer (CTPO) Alisha Outridge. To create the most impactful products, TuneCore utilizes a dual qualitative and quantitative measurement approach. Reflecting on the past decade, Outridge said Web 2.0 technologies have transformed "how fans discover new music and artists, connect with their favorite artists, and how artists create music."

☆ Just get your tax refund? 7 smart ways to use it
▼ + stars: | 2023-04-07 | by ( Holly Johnson | ) edition.cnn.com time to read: +8 min

If you’re looking for a way to use your tax refund for maximum impact, here are some of the best options to consider in 2023 and beyond. Pay down high-interest debtPutting your tax refund toward paying down credit card debt could save you thousands of dollars in interest charges. If you can’t pay down all of your credit card debt at once, you can use your tax refund to cover a portion of it. Bulk up your emergency fundConsider putting your tax refund toward your emergency fund to prepare for surprise expenses. Invest in yourselfInvest in yourself by using your tax refund to improve your health or further your education.

☆ I make $15,000 in ad revenue a month through podcasts. Here’s how I started my network on Instagram.
▼ + stars: | 2023-04-06 | by ( Vartika Puranik | ) www.businessinsider.com time to read: +6 min

Gillian Tietz is the founder of Sober Powered Media and the host of the "Sober Powered" podcast. The seven shows in her network bring in about $15,000 in ad revenue and 400,000 downloads a month. I named it the "Sober Powered" podcast, created an Instagram account, and started working on it every day. I resigned from my full-time job in June and officially launched Sober Powered Media, a podcast network that includes my show. I now monetize other podcasts through my network in exchange for 20% of the ad revenue, and I have seven podcasts in my network.

[1/2] The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego, California, Sept. 24, 2013. The investor lawsuits in the U.S. District Court, Southern District of New York are Tan v. Goldman Sachs Group Inc et al, No. 21-08413; Florio v. Goldman Sachs Group Inc et al, No. 21-10286; Scully v. Goldman Sachs Group Inc et al, No. 21-10791, and Lee v. Goldman Sachs Group Inc et al, No.

☆ Rapper Pras Michel Is Unlikely Defendant in Case of International Skulduggery
▼ + stars: | 2023-03-28 | by ( Aruna Viswanatha | ) www.wsj.com time to read: 1 min

WASHINGTON—Former Fugees rap star Pras Michel is trying to beat a case related to one of the largest financial scandals in history, one that has already toppled a prime minister and tarnished the reputation of Goldman Sachs Group Inc.Actor Leonardo DiCaprio , casino mogul Steve Wynn and senior Trump administration officials are among those expected to testify in the Hollywood-meets-Washington trial opening this week against Mr. Michel, who faces numerous criminal charges related to his business relationship with the alleged mastermind of the 1MDB fraud.

NEW YORK, March 24 (Reuters) - A U.S. judge on Friday ordered former Goldman Sachs Group Inc (GS.N) banker Roger Ng to forfeit $35.1 million, after sentencing him to 10 years in prison for helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund. Jho Low, a Malaysian financier and suspected mastermind of the scheme, was also indicted but remains at large. Goldman settled with authorities in October 2020, agreeing to pay $2.9 billion and having its Malaysian unit plead guilty to a corruption charge. Former Malaysian Prime Minister Najib Razak is serving a 12-year prison sentence after being convicted in a Malaysian court of receiving $10 million from a former 1MDB unit. Reporting by Luc Cohen and Jonathan Stempel in New York; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

☆ Take Five: And let there be calm
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: +5 min

LONDON, March 23 (Reuters) - At the incredible end to the first quarter for financial markets, rattled by bank turmoil, some stability will be much hoped for in coming days. SNB chief Thomas Jordan reckons the next two weeks will be vital to securing UBS's Credit Suisse takeover. Market cap of US regional banks included in the S&P 500 regional bank index3/ DID YOU SAY AT1? Potential legal action is also possible after Swiss authorities ruled that holders of Credit Suisse AT1 bonds would get nothing in the deal. And U.S. and European banks turmoil show how quickly a crisis can surface, giving Ueda even more reason for caution.

NEW YORK, March 23 (Reuters) - A U.S. judge on Thursday denied Archegos Capital Management LP founder Bill Hwang's effort to dismiss an indictment accusing him of fraud in the collapse of his once-$36 billion firm. U.S. District Judge Alvin Hellerstein in Manhattan rejected arguments that the 11-count indictment should be tossed because prosecutors deceived Hwang into cooperating with their probe and because Hwang's trading activity had been lawful. Authorities said Hwang concealed the size and riskiness of his bets by spreading his borrowing among several banks. When the prices of some stocks fell, Hwang was unable to meet margin calls, leading banks to dump stocks backing his swaps, and causing losses for Archegos and others. The case is U.S. v. Hwang et al, U.S. District Court, Southern District of New York, No.

☆ Ex-Goldman banker sentenced to 10 years prison in 1MDB corruption case
▼ + stars: | 2023-03-09 | by ( ) edition.cnn.com time to read: +3 min

Former Prime Minister Najib Razak is serving a 12-year prison sentence after being convicted by a Malaysian court of receiving $10 million from a former 1MDB unit. He spent six months in a Malaysian prison before waiving his right to contest extradition to the United States in 2018. He pleaded guilty and testified against Ng as part of a cooperation agreement. Malaysian officials have said Low is in China, which Beijing denies. In October 2020, Goldman agreed to pay $2.9 billion and its Malaysian unit pleaded guilty to a corruption charge.

☆ Ex-Goldman banker Ng sentenced to 10 years prison in 1MDB corruption case
▼ + stars: | 2023-03-09 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Hong Kong/Seoul CNN —The billionaire mastermind behind some of the world’s biggest K-pop stars is pushing back on accusations that he’s trying to monopolize the Korean music industry. “It wouldn’t be correct to say that we’re trying to take over the whole industry,” Bang told CNN in an exclusive interview in Seoul. Bang Si-Hyuk, who chairs the HYBE management agency, spoke with CNN's Richard Quest on Tuesday. “When the two companies are combined, a monopoly and oligopolistic group of companies that account for approximately 66% of total market sales will be created,” it told CNN. The company would then announce the outcome and next steps, it told CNN on Friday.

☆ Ukraine's ground forces commander visits besieged Bakhmut to talk strategy, boost morale
▼ + stars: | 2023-02-27 | by ( Oleksandr Kozhukhar | ) www.reuters.com time to read: +3 min

[1/2] Ukrainian service members ride a tank, amid Russia's attack on Ukraine, in the front line city of Bakhmut, Ukraine February 24, 2023. REUTERS/Alex BabenkoKYIV, Feb 27 (Reuters) - The commander of Ukrainian ground forces Colonel general Oleksandr Syrskyi visited besieged Bakhmut to boost morale and talk strategy with units defending the town and surrounding villages in eastern Ukraine, the military said over the weekend. Russia has made the capture Bakhmut a priority in its strategy to take control of Ukraine's eastern Donbas industrial region. Now charged with the defence of Bakhmut, Syrskyi has made a number of trips to the town, maintaining the Kyiv's forces will hold it. "Russia may start attacking from three sides from Monday," Ukrainian military analyst Oleh Zhdanov said in a social media video.

☆ Trump and Kushner's Saudi Ties Are an Ethical Minefield: Watchdog
▼ + stars: | 2023-02-15 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +12 min

Weeks after leaving office, Jared Kushner obtained a $2 billion investment from the Saudi government. The Saudi support came despite the kingdom's own financial advisers urging against any investment in Kushner's new company, citing the "inexperience" of its top brass. Let's start with Jared Kushner before we get into the LIV Golf situation. You have John Bolton, Trump's own national security advisor, making it very clear that you had somebody, like Jared — and President Trump, apparently — working to promote their business interests. Trump, not only did he keep his company, the Trump Organization, but he's a transactional president, right?

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