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☆ Andreessen Horowitz just dealt a blow to tech's move-to-Miami movement
▼ + stars: | 2024-09-04 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAndreessen Horowitz has reportedly given up on its Miami office after just two years in the space. "The firm is now virtual, but can materialize physically on command," Horowitz said at the time. Andreessen Horowitz did not immediately respond to Business Insider's request for comment. VC investment in Miami also saw a huge decrease in 2023, dropping 70% to $2 billion, according to the Journal.

Persons: —, Andreessen Horowitz, cofounders, Ben Horowitz, Horowitz, Marc Andreessen, Keith Rabois, Rabois, Florida . Austin, Elon Musk, he'd Organizations: Service, Miami Beach, Bloomberg, Business, Miami, Street Journal, SpaceX Locations: Miami, Miami Beach, Miami Beach , New York City, Santa Monica, Francisco, California, San Francisco, Fort Lauderdale, Florida ., Austin, Texas

☆ Summer box office bounced back thanks to 'Inside Out 2,' 'Deadpool & Wolverine'
▼ + stars: | 2024-09-04 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

Thanks to some anthropomorphic emotions and a bad-mouthed, fourth-wall breaking antihero, the domestic summer box office scraped together $3.6 billion in ticket sales. Box office analysts and cinema owners braced themselves a few months ago for the possibility that the summer movie season could be the worst showing in a decade. But it wasn't until mid-June that the box office got a proper surge of moviegoers. Through Labor Day, the film was the highest-grossing summer movie with $650 million in box office receipts. Box office analysts foresee the summer's momentum carrying over into the fall, ultimately bolstering the overall third-quarter box office results.

Persons: Paul Dergarabedian, it's, Guy, George Miller's, Max, Disney's, Dergarabedian, Romulus, Eric Handler, Roth MKM, Shawn Robbins Organizations: Comscore, Labor, Marvel, Disney, Marvel Studios, Warner Bros, Deadpool, Universal, Fathom, Comcast, CNBC Locations: Kingdom, NBCUniversal

☆ The skill introverts need to master to succeed at work, according to a CEO
▼ + stars: | 2024-09-03 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Liu recalled a great product manager on a previous team who was overlooked when it was time for promotions because "she was not good at broadcasting or explaining what she does." "So much of what product and just general leadership is is not just doing the work, it's not just having the product, it's having great product marketing to go with it," Liu said. If a great product is out in the world but no one is told about it, did it exist? "As more introverts get into leadership, they need to actually change the world to make more space for people like them as well." But instead I just said, 'Okay, this is a necessary skill, and it's a learnable skill.'

Persons: Deb Liu, Liu, it's, she's, It's Organizations: Service, Facebook

☆ Photos show the lavish interiors of The Elms, a Rhode Island mansion built for a coal millionaire in the Gilded Age
▼ + stars: | 2024-09-02 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

The Elms was built in 1901 for Gilded Age coal tycoon Edward Julius Berwind and his wife, Sarah Herminie Berwind. He and Sarah Berwind did not have any children. After his wife's death, Edward Berwind enlisted his sister, Julia Berwind, to act as the hostess at his homes in Newport and New York City. He died in 1936, and Julia Berwind spent summers at The Elms until her death in 1961. The following year, the Preservation Society of Newport County purchased The Elms and continues to maintain the property as a museum.

Persons: Edward Julius Berwind, Sarah Herminie Berwind, Gavin Ashworth —, Newport County Edward Berwind, Sarah Berwind, didn't, Edward Berwind, Julia Berwind Organizations: Preservation Society, Coal Mining Company, New, US Navy, New York Times, Elms, Newport County, Preservation Locations: The, Newport County, New York City, Vanderbilt, Newport and New York City, Newport, Elms

☆ A look at the behind-the-scenes business of Hollywood studio lot tours
▼ + stars: | 2024-08-31 | by ( Sarah Whitten | ) www.cnbc.com time to read: +12 min

Hosted by Universal , Warner Bros. , Sony and Paramount , studio lot tours showcase the movie-making process from set design and sound recording to costumes and props. Building facades at the Warner Bros. studio lot. Floor to ceiling shelves filled with marble and faux marble busts at Warner Bros.' studio tour prop house. Studio Tour Hollywood Grand Re-Opening at Warner Bros. Studios on June 24, 2021 in Burbank, California. For the first six months of their employment with the studio, these pages serve as studio tour guides.

Persons: Tama, Robert Thompson, Adam Burke, Burke, Thompson, Mayer, Sarah Whitten, Tony Tasset, Oz, bauer, Foley, Gilmore, Harry Potter, Matt Winkelmeyer, Paul Dergarabedian, Alfred Hitchcock's, Truman, Benjamin Button, Steven Spielberg, Gabriel Bouys, King Kong, Allen J Organizations: Getty, Hollywood, Syracuse University, Universal, Warner Bros, Sony, Paramount, Los Angeles Tourism Board, Los Angeles Department of Public Works, Sony Pictures, Metro, Goldwyn, CNBC, Social, Sony Pictures Entertainment, CNBC Warner Bros, Warner Bros ., Fantastic, Studios, Turner, Paramount Studios, Bloomberg, Universal Studios, Afp, Universal Studios Hollywood, York, Los Angeles Times Locations: New York City, Los Angeles, Culver City, Central, Burbank , California, Los Angeles , California, York, Hollywood, New York

☆ Free TV Streaming Is Surging, and It's a Problem for Hollywood
▼ + stars: | 2024-08-29 | by ( Lucia Moses | ) www.businessinsider.com time to read: +12 min

The basic problem: It's unclear how these free services could support new, Hollywood-style programming even if they wanted to. Now, with YouTube making the jump to TV screens and "free, ad-supported TV" (FAST) services having a moment, where does that leave Hollywood? Tech and legacy media will battle over free TV in the coming monthsLooking ahead, the major players already ahead in free TV will likely continue to gain share. Free streaming may seem like a way for Hollywood to claw back viewers. If not, it's hard to say what winning in the battle for free TV will actually get them.

Persons: Prognosticators, YouTuber Jamie Clement, Tubi's, Sarah Lee, Evan Shapiro, There's, Jenn Vaux, it's, Max, Peacock, Roku, It's, Tubi, Adam Lewinson, WBD, Laura Florence, Horowitz Organizations: Netflix, Business, YouTube, Hollywood, Disney, Hulu, Warner, Comcast, FX Networks, Parks Associates, Nielsen, Media, Fox, ABC News, NFL, FAST, Horowitz Research, Hub Entertainment Research, Tech, Fire TV, Paramount, Pluto, SVP, Global, Fremantle, JPMorgan, CNBC Locations: Hollywood, Fremantle

☆ Lego revenue jumps 13% in first half of 2024, boosted by Lego Fortnite and diverse brick sets
▼ + stars: | 2024-08-28 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Costfoto | Nurphoto | Getty ImagesAn inflation-fueled sales slump hit the toy industry in the first half of 2024, but one company is gaining market share brick by brick. On Wednesday, Lego said revenue during the first six months of the year jumped 13%, reaching 31 billion Danish kroner, or about $4.65 billion. Last year, Lego saw a trend of consumers "trading down" or opting for lower-priced sets, while still buying the same volume as the year before. Lego has continued to build on pandemic-era growth with a diverse slate of products that cater to kids and adults alike. Sales in the U.S. and Europe remain strong, Christiansen noted, while China sales are flat.

Persons: Niels Christiansen, Christiansen, Barbie, Harry Potter Organizations: Nurphoto, CNBC, Epic, Mattel, Hasbro, Star, Sustainability Locations: Shanghai, China, Danish, U.S, Europe

Mortgage rates dropped substantially earlier this month and they remain low today. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage RatesLast week, average 15-year mortgage rates were 5.62%, a four-basis-point decrease from the previous week, according to Freddie Mac data. Mortgage rates have been elevated for most of 2024, but they've been trending down in recent months. Once the Fed cuts rates, mortgage rates should fall even further.

Persons: Jerome Powell, Powell, you'll, Freddie Mac, it's Organizations: Federal Reserve, Traders, Zillow Locations: Jackson Hole, Chevron

In 2019, Gates wrote a post titled "Grilling and chilling with Warren." In 2020, Gates wished Buffet a happy 90th birthday. Instead of writing about goofy guys' trips, Gates thanked Buffett for his generous contributions to the Gates Foundation. In 2023, Gates didn't mention Buffett in a single post. And in his 20-plus posts so far in 2024, Gates has only mentioned Buffett once, again focusing solely on philanthropy.

Persons: Gates, Buffett, Bennett Raglin, Warren Organizations: Gates Foundation Locations: Ohama

☆ Seafood towers, endless Honey Deuces and $100,000 suites: How the US Open lures in high-rollers and celebrities
▼ + stars: | 2024-08-24 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +10 min

These are either run by the US Open’s top sponsors or available to rent privately for prices up to $100,000. Big spenders laying down the six figures to secure a suite are companies mostly from financial, insurance and legal businesses. A cabin crew staffs the suite checking people in, and the food served inside also matches its first-class offerings, with seafood towers, champagne and caviar. The Honey Deuce cocktail is served for free in many suites at the US Open. Last year, the Dutch beer used the US Open as part of its launch of Heineken Silver, its new low-carb beer.

Persons: Coco Gauff, Novak Djokovic, Charlize Theron, Justin Bieber, Kylie Jenner, Timothée, Ashe, Sarah Stier, ”, Shiz Suzuki, aren’t, Arthur Ashe, speck, they’re, Billie Jean King, Bryan Bedder, Al Guido, Maestro Dobel Tequila, Theron, Ariana DeBose, Katie Holmes, Lander Otegui, Theron “, Otegui, Paloma, Charlize Theron sips, John Angelillo, Zendaya, Bieber, Haley, Nicole Kidman, Aaron Judge, Nicola Coughlin, Essa Sulaiman Ahmad, “, ” Ahmad, Nathan Congleton, Honey, ” Aleco Azqueta, Goose, Zach Braff, Emily Blunt, John Krasinski, ” Azqueta, Bob Lynch, ” Lynch, Joe Keery, Craig Barritt, ” Pattie Falch, Silver, Taylor Fritz, Morgan Riddle Organizations: New, New York CNN, United States Tennis Association, American Express, ”, England’s Wimbledon, US, Billie Jean King National Tennis Center, San Francisco 49ers, CNN, Daily Mail, Maestro, UPI, Emirates Airline, Emirates, Yankees, Emirates ’, NBA, NBC, Getty, Bacardi, Heineken, Heineken “, Heineken Silver Locations: New York, Montauk, Bridgehampton, Queens —, Covid, Canada, ” Emirates

At the 2016 Democratic National Convention in Philadelphia, Rep. Patrick Maloney, D-N.Y., was met with thunderous applause as he proudly introduced transgender advocate Sarah McBride. “She is right now the first trans person ever to address a national convention,” Maloney boasted. But at this year’s Democratic convention in Chicago, trans people were notably absent from the stage. To some trans Americans, the omission did not go unnoticed. Harris, who has actively supported gay rights throughout her career, is also seen by advocates as having one of the most, if not the most, LGBTQ-friendly policy record of any presidential candidate.

Persons: Patrick Maloney, Sarah McBride, ” Maloney, ” McBride, she’s, Danica Roem —, —, Sen, Cory Booker, Kelley Robinson, Charlotte Clymer, ”, Harris, Gov . Walz, ” Clymer, Melissa Michelson, Oprah Winfrey, it’s, “, Tim Walz, Kamala Harris nodded, Pete Buttigieg, Laphonza Butler, Erin Reed, there’s, Donald Trump, Rodrigo Heng, Lehtinen, Kamala Harris, ” Heng Organizations: Convention, Democratic, DNC, Republican National Convention, NBC, U.S, Gov, Republican Party, California’s Menlo College, Gallup, Straight Alliance, Victory, NBC News, Democratic Party, GOP, Trans Locations: Philadelphia, Delaware, Virginia, Chicago, Milwaukee, Tennessee, Minnesota, D

Happy Money Personal Loan OverviewFeaturesA Happy Money personal loan is a good option for those with good credit scores who are eligible for the lender's lowest APR. Happy Money Personal Loan Rates and TermsInterest RatesWhen borrowing with Happy Money, expect interest rates ranging between 11.72% APR and 17.99% APR. Happy Money vs. Reach FinancialBoth Reach Financial Personal Loan and Happy Money are for borrowers who are looking to consolidate their debt. Happy Money Customer Reviews and TestimonialsWhile Happy Money is an accredited business with the Better Business Bureau (BBB), is only has 1.6 out of 5 stars, based on customer reviews. Happy Money Personal Loan FAQsWhat is the minimum credit score required for a Happy Money personal loan?

Persons: you'll, Ryan Wangman, Read, Elias Shaya, Elias Organizations: Happy, Social Security, Social, Better Business Bureau, Chevron, Finance, Northwestern University, Boston Globe Locations: Maine , Massachusetts , Nebraska, Nevada, New York City

The Betterment Cash Reserve Account is offering new customers a boosted APY. Get a boosted APY of 5.50% on a Betterment Cash Reserve accountThe Betterment Cash Reserve Accountcurrently offers existing customers an APY of 5.00% (5.50% APY for new customers' first three months). Read more about this account and its features, like no transaction limits, in our Betterment Cash Reserve review. Other 5% savings accountsThanks to this boosted APY offer, Betterment currently tops our list of savings accounts offering 5% APY or more. Other nationally available savings accounts to consider include:Western Alliance Bank High-Yield Savings Premier: earn an APY of 5.31% when you deposit a minimum of $500BrioDirect High-Yield Savings Account: earn an APY of 5.30% when you deposit a minimum of $5,000Bread Savings High-Yield Savings Account: earn an APY of 5.15% when you deposit a minimum of $100

Persons: —, you'll Organizations: Service, Western Alliance Bank, Yield, Savings

☆ What to know about the twisted ending of Zoë Kravitz's new thriller 'Blink Twice,' starring Channing Tatum
▼ + stars: | 2024-08-23 | by ( Olivia Singh | ) www.businessinsider.com time to read: +10 min

Read previewWarning: Major spoilers ahead for "Blink Twice." "Blink Twice," a new psychological thriller cowritten and directed by Zoë Kravitz, is stuffed with twists and turns. Naomi Ackie as Frida and Adria Arjona as Sarah in "Blink Twice." Just as Stan is about to shoot Frida, Sarah hits him in the head with a massive rock and kills him. "Blink Twice" is in theaters now.

Persons: —, Zoë Kravitz, Kravitz's, Naomi Ackie, Frida, Slater King, Channing Tatum, Jess, Alia Shawkat, Slater, Sarah, Adria Arjona, MGM Studios Slater, she's, Stacey, Geena Davis, Arjona, Carlos Somonte, Kyle MacLachlan, Camilla, Liz Caribe, Heather, Trew Mullen, Tom, Haley Joel Osment, Heather clobbers Vic, Christian Slater, Cris Costa, Stan, Cody, Simon Rex, MGM Studios Frida, he's, Vic, Lucas, Levon Hawke, there's, It's, Shawkat, Ackie, Rich, who's, they're, Frida King, Tatum, Kravitz, Lenny Kravitz, Lisa Bonet Organizations: Service, King, Tech, Business, MGM Studios, Amazon MGM, King - Tech Locations: Beijing, Hollywood

☆ Nvidia will be in the spotlight next week as Wall Street wraps up a tumultuous August
▼ + stars: | 2024-08-23 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

NVDA YTD mountain Nvidia Wall Street is bullish heading into Nvidia's earnings results next week, figuring any hiccups to its next generation AI chips does little to dim the earnings potential of a company that essentially has a monopoly on the market. Economists polled by FactSet anticipate PCE to show increases of 0.2% month on month and 2.6% from the year-earlier period. Wall Street anticipates that stocks could go higher from here, though the road from now to the end of the year could be bumpy. Other notable earnings results include tech names Salesforce and CrowdStrike, as well as consumer names such as Campbell Soup, Dollar General and Ulta Beauty. Earnings: Nvidia , Bath & Body Works , J. M. Smucker , Salesforce , CrowdStrike , NetApp , HP Thursday Aug. 29 8:30 a.m.

Persons: Nvidia's, chipmaker, they've, Harsh Kumar, Piper Sandler, Blackwell, Jensen Huang, Jim Cramer, Kumar, Louis Navellier, Jerome Powell, Jackson, Powell, FactSet, David Miller, Miller, Kamala Harris, Donald Trump, He's, Campbell, Lululemon Organizations: Nvidia, Blackwell, Navellier, Associates, Federal Reserve, PCE, Nasdaq, Dow Jones, U.S, Catalyst Funds, Ulta, Dallas Fed, Richmond Fed, Body, HP, Autodesk, PCE Deflator, Chicago PMI Locations: Russia, Ukraine, Chicago, Michigan

Donors weigh in on the D.N.C. “I will bring together labor and workers and small-business owners and entrepreneurs and American companies to create jobs,” she told the Democratic National Convention last night. The nod to corporate America comes as Democrats try to firm up relations with big business. DealBook has been hitting the phones all week to hear what donors thought of the four-day convention. A flood of donors decided to go only after Harris became the presumptive nominee.

Persons: Kamala Harris’s, ”, DealBook, Harris, Brad Karp, Paul, Weiss, Raymond McGuire, Lazard, Blair Effron, John Rogers Jr Organizations: Democratic, Convention, Chicago, Centerview Partners, Ariel Investments Locations: America

☆ Engineers have found a way to bootstrap their way to smarter AI models as they wait for Chat GPT-5
▼ + stars: | 2024-08-23 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +4 min

Read previewChat GPT-5, the next version of OpenAI's language model that changed everything, is on the way. As AI developers wait to test GPT-5, some have found a new way to bootstrap their way to more advanced AI without an entirely new model. Fewer idle GPUs then translate to more affordable computing, as Davis explained on the No Priors podcast released Thursday. When Davis and his co-authors used the compound AI method, the layered model produced the correct answer 37% of the time — a nearly 10-fold increase. "I think people are getting more sophisticated at thinking about cost in more of a life-cycle way," Davis said.

Persons: —, Jared Quincy Davis, Davis, Sarah Guo, Elad Gil, iterating Organizations: Service, Business, Foundry, Lightspeed Venture Partners, Sequoia Capital, Systems

The average 30-year mortgage rate fell to 6.46% this week, according to Freddie Mac. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 30-Year Fixed Mortgage RatesThe average 30-year fixed mortgage rate was 6.46% this week, according to Freddie Mac. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 5.62% this week, according to Freddie Mac data, which is a four-basis-point decrease from the previous week. As inflation comes down and the Federal Reserve is able to start cutting the federal funds rate, mortgage rates should fall further as well.

Persons: Freddie Mac, Sam Khater, Freddie Mac's Organizations: National Association of Realtors, Zillow, Federal Reserve Locations: Chevron

☆ U.S. Open draw 2024: Djokovic avoids Alcaraz, Sinner – Gauff and Swiatek apart
▼ + stars: | 2024-08-22 | by ( Matthew Futterman | Charlie Eccleshare | ) www.nytimes.com time to read: +8 min

And just like in Paris and London, he will not meet Sinner or Alcaraz until the final, if at all. Beating Sinner and Alcaraz back-to-back in a semi and a final would be a tall order for anyone these days — even Djokovic. Iga Swiatek in the second round in Paris. Wimbledon looked OK, until she ran into a hot Emma Navarro in the second round. If she wins that, she faces a likely second round against another home player, the No 6 seed Jessica Pegula.

Persons: Matthew Futterman, Charlie Eccleshare, Novak Djokovic, Djokovic, Carlos Alcaraz, Alcaraz, —, Ben Shelton, Mike Stobe, Naomi Osaka, Caroline Garcia, Iga Swiatek, Emma Navarro, Jelena Ostapenko, Ostapenko, They’ve, Serena Williams, Tim Clayton, Corbis, Coco Gauff, hasn’t, Varvara Gracheva, Elina Svitolina, Navarro, Marta Kostyuk, Sabalenka, Gauff, Al Bello, Matt Futterman Matt Futterman’s, Bianca Andreescu, Jasmine Paolini, Dominic Thiem Reilly Opelka, Lorenzo Musetti, Tommy Paul, Daniil Medvedev, Matthew Stockman, Emma Raducanu, America’s Sofia Kenin, Jessica Pegula, Maria Sakkari, Elsa, Getty, she’s, Iga, Yulia Putintseva, Anastasia Pavlyuchenkova, Danielle Collins, Collins, ”, Swiatek, Clive Brunskill, Charlie Eccleshare Charlie Eccleshare’s, Dominic Thiem Zheng Qinwen, Amanda Anisimova, Sarah Stier Organizations: U.S, Wimbledon, Djokovic, — Osaka, U.S ., Osaka, Getty, Gracheva, Cincinnati, America’s, Citi, Olympics Locations: New York City, Australia, New York, Paris, London, Osaka, Swiatek, Canada, Cincinnati, France, Wimbledon, Melbourne, Washington ,, Putintseva

☆ 4 flight attendants plead guilty to smuggling drug money out of US after prosecutors say they used crewmember lanes to get through security
▼ + stars: | 2024-08-18 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Four flight attendants have pleaded guilty to smuggling drug money out of the US. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFour flight attendants have pleaded guilty to smuggling drug money out of the US, according to a press release from the US Attorney's Office for the Southern District of New York.

Persons: —, Sarah Valerio Pujols, Charlie Hernandez, Emmanuel Torres, Jarol Fabio Organizations: Prosecutors, Service, US, Office, Southern, of, Business Locations: Dominican Republic, of New York

☆ Burned and uninsured: Wildfires are leaving California’s housing market in trouble
▼ + stars: | 2024-08-18 | by ( Shania Baweja | Taylor Galgano | ) edition.cnn.com time to read: +8 min

That’s made home insurance increasingly unaffordable or even inaccessible – and that’s leaving more people in the same position as the Daneaus. California’s largest insurer, State Farm, requested a 30% rate increase for its homeowner’s line last month. Last year, California Insurance Commissioner Ricardo Lara reached an agreement with insurers with an aim to cover approximately 85% of properties in high-risk areas. “[My insurance plan] wasn’t canceled but my insurance company increased the rates quite a bit,” she said. But he cautioned there’s no guarantee of that, leaving homeowners like the Daneaus grappling with uncertainty.

Persons: Los Angeles CNN —, Michael, Kristy Daneau’s, Kristy, Michael Daneau, Kristy Daneau, That’s, “ We’re, ” Michael, ”, aren’t, Justin Sullivan, California’s, it’s, ” Michael Daneau, Ricardo Lara, Kristy Daneau's, what’s, Steve Hawks, Woolsey, Angela Wilson, LAEPF, Wilson, Brent Woodworth, there’s, “ I’m, we’ve, CNN’s Camila Bernal, Sarah Moon Organizations: Los Angeles CNN, Gas & Electric, Insurance Information Institute, California Department of Insurance, Farm, State, CNN, FAIR, California FAIR, California, Golden State, The Insurance Institute for Business & Home Safety, Institute for Business & Home Safety, for Business & Home, Los, Emergency Preparedness Foundation Locations: Cohasset, California, Paradise , California, Santa Monica, Malibu

☆ The daily routine of Starbucks' new CEO starts with a 5:45 a.m. coffee — and it's been that way since his Chipotle days
▼ + stars: | 2024-08-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Brian Niccol is stepping down as CEO of Chipotle to become the chief exec at Starbucks next month. While at Chipotle, he told Fortune that his days usually started at 6 a.m. with an Americano coffee. Here's a closer look at Niccol's daily schedule and routine. Go to newsletter preferences Thanks for signing up! AdvertisementBrian Niccol is departing his role as chairman and CEO of Chipotle to take over as CEO of Starbucks on September 9.

Persons: Brian Niccol, Fortune, — Organizations: Starbucks, Americano, Service Locations: Chipotle

☆ Disney's 'Deadpool & Wolverine' becomes the highest-grossing R-rated film of all time
▼ + stars: | 2024-08-16 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

The trio of Ryan Reynolds, Hugh Jackman and Shawn Levy has captured lightning in a bottle with "Deadpool & Wolverine." As of Thursday, the Disney and Marvel film is the highest-grossing R-rated title of all time, surpassing Warner Bros.' "Joker." With $516.8 million in domestic ticket sales and $568.8 million from international audiences, "Deadpool & Wolverine" has exceeded $1.085 billion globally. "Deadpool & Wolverine" arrived in theaters late July on the back of a string of hits and misses from one of Disney's most bulletproof franchises. The last film released by the studio was "The Marvels," which arrived in November and had the lowest opening and lowest overall box office haul for an MCU film ever.

Persons: Ryan Reynolds, Hugh Jackman, Shawn Levy, Shawn Robbins, That's, Kevin Feige, Reynolds, Levy, Robbins, Marvel Organizations: Disney, Marvel, Warner Bros, Century Fox, San Diego Comic, & $

☆ New Zealand charity distributes candies with potentially lethal levels of methamphetamine
▼ + stars: | 2024-08-14 | by ( Charlotte Kwan | Charlotte Kwan Is An Intern On Nbc News S Asia Desk. | ) www.nbcnews.com time to read: +2 min

A New Zealand charity that works with low-income people says it unknowingly distributed candies containing potentially lethal levels of methamphetamine. The New Zealand Drug Foundation, which tested the candies that were still on the premises, said each one contained about 3g of methamphetamine, up to 300 times the level someone might usually take. The group said people who had started to consume the candies reported a bitter taste and feeling unusual. In the meantime, the NZ Drug Foundation warned consumers to avoid Rinda brand pineapple candies. “We don’t know how widespread these contaminated lollies are,” Helm said, “so we recommend not eating any Rinda brand pineapple lollies if you have them.”

Persons: Sarah Helm, “, ” Rinda, Steven Teh, Ben Birks Ang, ” Helm, ” Organizations: Auckland City Mission, Malaysian, New Zealand Drug Foundation, Associated Press, New, Food Industries, ”, NZ Drug Foundation, AP, Zealand, Authorities Locations: Zealand, Auckland, New Zealand, ”, Malaysian

☆ CNBC Daily Open: Wall Street surges; Starbucks ousts CEO
▼ + stars: | 2024-08-14 | by ( Abid Ali | ) www.cnbc.com time to read: +4 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Economic uncertainty Home Depot exceeded quarterly expectations but lowered its full-year sales outlook , citing weak demand due to high interest rates and consumer uncertainty. Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. The baristas have to be energised, clearly they've had some union problems, clearly they've had a lot of new products that haven't worked," Palmer told CNBC "Squawk on the Street." Chief Financial Officer Richard McPhail told CNBC, "Customers aren't just deferring because of higher financing costs.

Persons: Richard McPhail, Laxman Narasimhan, Brian Niccol, Narasimhan, Mellody Hobson, Narasimhan —, Niccol, David Palmer, they've, haven't, Palmer, Sarat Sethi, CNBC's, Sethi, —, Sarah Min, Amelia Lucas, Brian Evans, Samantha Subin, Jennifer Elias, Jeff Cox, Spencer Kimball Organizations: New York Stock Exchange, CNBC, Jefferies, Google, Apple, Gemini, Evercore ISI, Depot, Douglas, Lane & Associates, McDonald's, Starbucks, Walmart Locations: New York City, China

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