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☆ Influencer Jake Paul talks men's grooming
▼ + stars: | 2024-06-12 | 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 EmailInfluencer Jake Paul talks men's groomingThe YouTube star turned boxer is launching a new brand geared towards men.

Persons: Jake Paul Organizations: YouTube

☆ Inside the Abercrombie & Fitch Resurrection: Sales, Stock Are Soaring
▼ + stars: | 2024-06-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

If it's any solace, the company was not really for Wall Street, either; its stock has been languishing over the past decade or so. Investors are eating it up: Abercrombie's stock a year ago, your returns would be better than that of almost any other stock, including the Wall Street darling Nvidia. "Can you and I think of another apparel retailer who literally reinvented themselves and then went to the moon with sales and earnings? When its longtime CEO exited the company at the end of 2014, its sales had declined for 11 consecutive quarters. AdvertisementAs opposed to the Abercrombie of 20 years ago, whose logos screamed A&F, the modern Abercrombie is muted.

Persons: Abercrombie, millennials, Gen Zers, Janet Joseph Kloppenburg, Fitch, Fran Horowitz, Zachary Warring, Horowitz, It's, Abercrombie doesn't, it's, " Horowitz, Women's, Kloppenburg, they're, Ali Grant, they've, They've, Emily Stewart Organizations: Abercrombie, Fitch, JJK Research, Outfitters, Netflix, Hollister, CFRA Research, Digital, Banana, Old Navy, Business Locations: cologne

Jake Paul is launching a personal care brand geared toward men. The YouTube influencer-turned-boxer announced on Wednesday the launch of "W," a skin-care company targeted toward men. The personal care line will feature products priced at less than $10 and will be available at Walmart . Young men are increasingly turning to social media and influencers for their sources of information. But Paul thinks the Kardashians and other celebrities have overlooked the opportunity for young men.

Persons: Jake Paul, Paul, deodorant, Paul isn't, Dwayne, Johnson, John Legend, Idris Elba, Gen, Boxer Jake Paul, he's, Logan Paul's, Kardashian, He's, Mike Tyson Organizations: YouTube, Walmart, CNBC, Amazon, Business Research Company, Pharrell, Netflix Locations: TikTok

☆ Jon Stewart is fed up with 'hollow corporate pandering'
▼ + stars: | 2024-06-11 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Read previewJon Stewart wants corporations to stop their "hollow corporate pandering" and just admit that all they care about is their bottom line. AdvertisementConservatives boycotted Bud Light last summer after the beer maker partnered with trans influencer Dylan Mulvaney for a social media promotion. And Bud Light waffled in response. Mulvaney said Bud Light never reached out to her after the backlash, criticizing the company for not standing by her. Meanwhile, Bud Light sought to win some of its customers back by offering free beer promotions.

Persons: —, Jon Stewart, Stewart, Bud, Dylan Mulvaney, Mulvaney, Bud Light, Bud Light's Organizations: Service, America, Business, Target, Bud Light, Anheuser, Busch

☆ What you should do if a fellow passenger on a plane insists you switch seats, according to travel experts
▼ + stars: | 2024-06-11 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

But what if you paid extra for a window seat or extra legroom? There's a heated discussion doing the rounds on social media about when you should switch seats, and under what circumstances you should refuse. Proceed with cautionSome travelers have been sharing their experiences on social media, saying that caution should be exercised when someone asks to switch seats because people "don't always have the best intentions." Airlines offer options to choose seats in advance, so it's good practice for passengers to get in the habit of planning ahead. "From a glass of fizz, to extra pillows and blankets, or maybe some treats from a premium cabin if available."

Persons: —, Nick, Rylie, Jessica Dante, Dante, Ally Gibson, Ally, Gibson, she's, Carrie Bradley, Bradley Organizations: Service, Business, Love, Airlines Locations: London

☆ GameStop shares slide 16% following Friday's 40% sell-off
▼ + stars: | 2024-06-10 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Meanwhile, meme stock champion Keith Gill hosted his first livestream in a few years Friday. He revealed that he didn't have any institutional backers and the GameStop positions he had shared in screenshots were his only bets. The video game company's stock declined to just below $24 apiece on Monday after falling nearly 40% on Friday alone. GameStop shares fell more than 16% on Monday as the meme stock extended Friday's sell-off sparked by a dismal earnings report and a uninspiring livestream from Roaring Kitty. The analyst thinks that any boost GameStop got from Gill could turn out to be short-lived.

Persons: Keith Gill, Gill, Roaring Kitty, Michael Pachter, Pachter, NFTs, Roaring Organizations: New York Stock Exchange, GameStop, Amazon Locations: New York, Roaring

☆ Is a recession coming? Economists say look at women’s lips
▼ + stars: | 2024-06-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Estee Lauder chairman Leonard Lauder created the lipstick index during the economic downturn following September 11, 2001. In fall 2001, US lipstick sales increased by 11%. “The lipstick index has been substituted with the moisturizing index,” said Freda. But data shows that more expensive prestige beauty sales are outpacing mass, lower-priced beauty sales. What do you see dominating the beauty market in the second half of the year?

Persons: Estee Lauder, Leonard Lauder, Fabrizio Freda, ”, Freda, “, Sephora, Bell, Neela Montgomery, Laura Mercier, We’ve, it’s, Skincare, It’s, we’re, Inflection’s, OpenAI, Sarah Myers West, ” West, Brian Fung, Jerome Powell, Price Organizations: CNN Business, Bell, New York CNN, CNN, Federal Trade Commission, Microsoft, FTC, Justice Department, Google, Nvidia, DOJ, US Department of Treasury, OPEC Monthly, Federal Reserve, US Bureau of Labor Statistics, Signet Jewelers, Federal Locations: New York, Asia

☆ Baby naming is big business, with consultants charging up to $10,000 to find the perfect name
▼ + stars: | 2024-06-07 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Now, there are baby naming consultants who rifle through popularity lists, analyze trends, and recommend the right fit for families. There are companies that specialize in baby names, too. AdvertisementCoffield said she knew she could make a living from baby names when she started talking about it on TikTok. She had previously focused on educating women about how to be empowered while giving birth and casually spoke about baby names a few times. The biggest way to build success in the baby naming business is to make sure people find you credible, Coffield said.

Persons: —, influencer Francesca Farago, @francescafarago, ames, earbooks,, ike, ersonal, ake, ince, ure Organizations: Service, Business, Netflix, ust

☆ X’s ‘new’ adult content policy isn’t new, sex workers say, and it hasn’t cleared up moderation concerns
▼ + stars: | 2024-06-07 | by ( Kat Tenbarge | ) www.cnbc.com time to read: +6 min

"I definitely see people who don't realize that the bot accounts aren't real sex workers," Leathers explained. Still, sex workers say it has become increasingly difficult to grow and reach their followings. "We balance this freedom by restricting exposure to Adult Content for children or adult users who choose not to see it," the policy says. Musk reportedly toyed with the idea of monetizing adult content, but the platform explicitly barred adult content from the program after introducing creator monetization in July 2023. "We're seeing consumers go to another site, to Reddit or Twitter where they can get adult content without age-verifying," Stabile said.

Persons: Elon, Sydney Leathers, Leathers, Musk, hasn't, Olivia Snow, monetization, Snow, influencer Pearl Davis, Trip Richards, Mike Stabile, Stabile, Richards Organizations: Twitter, SpankChain, UCLA, Free Speech Coalition, NBC Locations: Texas , Utah , Arkansas, Virginia , Montana , North Carolina and Mississippi, U.S

☆ Read the 23-page pitch deck that ShopMy used to raise $18.5 million to shake up affiliate and influencer marketing
▼ + stars: | 2024-06-06 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +1 min

ShopMy, founded in 2020, lets creators earn commissions through shoppable landing pages. The startup recently raised an additional $18.5 million for its Series A, closing at $26.5 million. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The startup, cofounded by Harry Rein, Tiffany Lopinsky, and Chris Tinsley in 2020, lets creators build shoppable landing pages and earn commission from products they link. In March, ShopMy announced it had raised an additional $18.5 million for its Series A after raising $8 million in 2022, bringing the total round to $26.5 million.

Persons: ShopMy, —, Harry Rein, Tiffany Lopinsky, Chris Tinsley Organizations: Service, Business

☆ Ad agency BENlabs has laid off staffers and named a new CEO as the company restructures
▼ + stars: | 2024-06-05 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +1 min

It announced plans to focus on product placement, influencer marketing, and creator platform TubeBuddy. The company also named a new CEO to help lead the restructuring. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertising agency BENlabs has laid off staffers and appointed a new CEO as part of a restructuring, the company announced on Tuesday. The company said the restructuring focuses its business on three core areas: product placement, influencer marketing, and the creator-analytics platform TubeBuddy.

Persons: BENlabs, — Organizations: Service

☆ We went behind the scenes of a viral TikTok series in New York City that's part of a new wave of MTV-style social shows
▼ + stars: | 2024-06-05 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +7 min

"New media is having a moment here in New York City," Valentino told BI. Related stories"We have a development team pumping out pilots, new concepts, working new concepts," Fallen Media CEO Sol Betesh told BI. Fallen Media's production team optimizes audio and video on a noisy New York City block. Sydney Bradley/Business InsiderNew York City is a main characterFallen Media is a true New York City operation. Villalpando was recently on an episode of Fallen Media's "Bite Me," and Novi was on a recent segment of "Subway Oracle."

Persons: —, Michael Valentino, Tiffany Baira, Baira, Valentino, Sol Betesh, Sydney, Davis, Jason Derulo, Michael Bublé, Brian Baumgartner, Taco Bell, they're, Betesh, We'll, Maia Novi, Fabrizio Villalpando, Villalpando, Davis Burleson Organizations: Service, Business, YouTube, Media, MTV, Sydney Bradley, New, Washington, Fallen Media Locations: New York, New York City, influencer, TikTok, Instagram, Novi

☆ Lululemon dominated the pricey athleisure market for years. Now it faces big competition
▼ + stars: | 2024-06-05 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +5 min

The departure of the company’s chief product officer adds to a “wall of worry” Raymond James analysts said. Choe joined Lululemon more than seven years ago and became chief product officer in 2018, according to her LinkedIn. “I think that there’s a lot of people out there who believe that she was the person behind the scenes and was the most instrumental to Lululemon’s success,” Nikic said. Lulu has been “hyper aware” of dupe culture, Nikki Neuburger, then its Chief Brand Officer, previously said in an interview with CNN Business. However, Lululemon wasn’t stocked enough in these smaller sizes, which could have led these younger shoppers to competitors, Nikic said.

Persons: New York CNN —, Lulu, Alo, –, Sun Choe, ” Raymond James, Choe, Raymond James, Tom Nikic, “, ” Nikic, Mike Kemp, Vuori, Nikki Neuburger, Hailey Bieber, Martha Stewart, Lululemon, Nikic, Calvin McDonald, Samsul Said Organizations: New, New York CNN, preteens, Nike, Wall, Vans, CNN, Jefferies, CNN Business, Shoppers, Bloomberg, Getty Locations: New York, athleticwear, Covent, London, United Kingdom, Los Angeles, preteen, Bukit Bintang, Kuala Lumpur, Malaysia, China

☆ Celibacy is in — just ask Lenny Kravitz, Julia Fox, and Gen Z
▼ + stars: | 2024-06-05 | by ( Serafina Kenny | Kim Schewitz | ) www.businessinsider.com time to read: +6 min

Read previewCharlie Michael Baker used to be "majorly sexually active," but at age 17 he's decided he's not having any more sex. Charlie Michael Baker has decided to abstain from sex. But for others, not having sex is a more conscious choice. Similarly, Gen Z women in the US are swearing off sex because men they've dated have treated them badly, BI's Jordan Parker Erb reported last year. For Baker, celibacy makes him feel more comfortable with himself because he no longer feels the need to "keep a man happy," and avoids getting hurt by people who give him "false hope."

Persons: —, Charlie Michael Baker, he's, Baker, Julia Fox, Lenny Kravitz, Suki Waterhouse, Justin Bieber, Disney starlets, Zers, Roe, Wade, Zach Sang, Gen, they've, BI's Jordan Parker Erb, Bumble, hasn't, father's, Sandra Wheatley, Wheatley Organizations: Service, Business, Guttmacher Institute, Guardian, British Psychological Society Locations: Korean, Korea

☆ YOLO is dying. That could be bad news for the economy
▼ + stars: | 2024-06-04 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN —YOLO economy, meet the “yo, no” economy. In what was dubbed the YOLO economy (short for “you only live once”), or revenge spending, consumers shelled out for the experiences and goods they had missed. And that may be bad news for the economy. “We are monitoring the issue and engaging with market participants,” a spokesperson for the Securities and Exchange Commission told CNN. Joe Saluzzi, co-founder of Themis Trading, told CNN that the NYSE’s explanation is hard to square with the bizarre trades that hit the tape.

Persons: “ Covid, doesn’t, ” Sameer Samana, “, There’s, ”, that’s, Taylor Swift, It’s, Dow, Jerome Powell, Berkshire Hathaway, Warren Buffett, Joe Saluzzi, Themis Trading, I’m, Saluzzi, ” Read, Matt Egan, Keith Gill —, ” —, Read, Anna Cooban Organizations: CNN Business, Bell, New York CNN, Wells, Investment Institute, Walmart, Target, Employers, TSA, Federal Reserve, New York Stock Exchange, The New York Stock Exchange, ” Intercontinental Exchange, NYSE, ICE, CNN, NYSE Group, Consolidated, CTA, Berkshire Hathaway’s, Berkshire, Securities and Exchange Commission, Themis, GameStop, AMC Entertainment Locations: New York, YOLO, Samana, “, Berkshire

☆ GameStop shares surge 73% after Roaring Kitty reveals $116 million bet
▼ + stars: | 2024-06-03 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Shares in GameStop shot up almost 73% in pre-market trade Monday as the renewed frenzy around meme stocks shows little sign of abating. The video game retailer’s stock soared hours after a Reddit post by stocks influencer Keith Gill — also known as “Roaring Kitty” — revealed that he had bought nearly $116 million worth of the stock. The post was the first on Gill’s Reddit account in more than three years, when social media-fueled hype around GameStop (GME) shares was in full swing. Meme stocks are shares that swing wildly in value based on their popularity among trader communities on social media rather than the companies’ fundamental characteristics. He also said he did not set out to help stoke the GameStop frenzy and instead believed the stock offered an attractive opportunity for investors.

Persons: Keith Gill —, ” —, Gill Organizations: London CNN —, GameStop, AMC Entertainment, stoke

☆ A Gen Zer moved from South Florida to Texas after a job offer. Here are her pros and cons after moving to Dallas and uprooting her life.
▼ + stars: | 2024-06-02 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

Read previewArielle Francois, 24, would tell her past self it's fine to be nervous about making the move from South Florida to Dallas. Francois moved to Florida from Haiti because of the earthquake in 2010. Beyond scrolling through social media posts and apartment sites, there are also rent and costs to think about. Additionally, Francois said she feels it's more affordable to live in Dallas than South Florida for someone her age. "Because South Florida is so close to Haiti, you'll find a huge population of Haitians in South Florida," she said.

Persons: —, Francois, hadn't, Arielle Francois Francois, Dallas, hasn't, Dallas I'm, you'll Organizations: Service, Business, Dallas, PMG, Facebook Locations: South Florida, Dallas, Miami, Florida, Haiti, Texas, PMG, Smart, Caribbean, Little Haiti

☆ The battle over Elon Musk's pay package is a showdown between his army of supporters and institutional investors
▼ + stars: | 2024-06-02 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Read previewTesla is setting the stage for a battle between some vocal institutional investors and some of Elon Musk's biggest supporters. The executive pay plan, which was first approved in 2018, is centered on a series of goalposts around Tesla's financial growth. AdvertisementMeanwhile, Tesla has argued that the pay package is both fair and necessary to maintain Musk's focus on the car company. AdvertisementThe Tesla CEO has also promoted the proposal and criticized institutional investors who have spoken out against the pay plan. Ahead of the June 13 shareholder meeting, shareholders will be asked to vote on several other proposals in addition to Musk's pay package.

Persons: —, Elon Musk's, Musk, Tesla, Leo Koguan, Bloomberg —, Adam Jonas, Morgan Stanley's, Morgan Stanley, Anat Alon, Beck, Alon, I'd, they'd, Kimbal Musk, Murdoch Organizations: Service, Business, Securities and Exchange Commission, P Global Market Intelligence, Reuters, Bloomberg, Case Western Reserve University, Texas Locations: Elon, Delaware, Texas

☆ MrBeast says his copycats won't succeed, and experts agree
▼ + stars: | 2024-05-31 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMrBeast is the most successful YouTuber of all time, but copying him isn't likely to yield the same results. Some have the same type of thumbnail, same overlay text, and even visit the same places Donaldson does. "His content doesn't succeed because of what you can see on the surface or flash-in-the-pan trends. Copying Donaldson will also not work because he has such vast resources that almost nobody else has access to, so any copycats are likely to be underwhelming.

Persons: —, YouTuber Jon Youshaei, Jimmy Donaldson, Donaldson, Youshaei, Ryan Trahan, Ryan, Gilbert Flores, Xavier English, Supermix, he'd, Katya Varbanova, copycats, aren't, Varbanova, you'll, It's, Kaye Putnam, Putnam Organizations: Service, YouTube, Business, Getty, Xavier

☆ Victims of Random Street Attacks Face an Outdated Police System
▼ + stars: | 2024-05-31 | by ( Ginia Bellafante | ) www.nytimes.com time to read: +2 min

Earlier this year, I wrote about a friend who was attacked and thrown to the ground on a September afternoon, while she was walking toward Borough Hall in Brooklyn to go to the post office. She was on the phone with her mother when a man, whose erratic behavior she had noticed in the distance, pushed her into the street, leaving her with bruises, a chipped tooth and fear new to her after decades of living in New York. At the time, it did not seem as though the assault might be part of a dark emerging trend. But the incident would presage many others — instances in which women in New York were randomly punched on the street in the middle of the day. A few days before the announcement, a 9-year-old girl standing with her mother was punched in the face by a man at Grand Central Station.

Persons: Joseph Kenny Organizations: Borough Hall, city’s Police Department, Grand Central Station Locations: Brooklyn, New York, Manhattan, Chelsea

☆ I lost my hair. Then I found myself.
▼ + stars: | 2024-05-31 | by ( Sara Dubnow | ) www.businessinsider.com time to read: +14 min

For more than a year, I had been dealing with my progressive hair loss and clamoring for some sort of control. I launched into the story of my hair loss journey, attempting to convey the stress and uncertainty that had defined the past year. I purchased a long brown human hair wig that initially looked natural in the shop lighting. I learned I had a lot to learn; there was a whole "wearing hair" subculture with special lingo that I knew nothing about. I accepted that I have hair loss and I'm aging, and one day, I'll look in the mirror, and it won't be just my hair that's changed.

Persons: Bangs, Barbie, I'm, I'm balding, Scissor, Rogaine, —, didn't, LaCroix, hadn't, Kim Kardashian, Instagram, Emilie, I'd, Moira Rose Organizations: Business, Melrose Locations: Los Angeles

☆ Why some full-time influencers are going back to their 9-to-5 jobs
▼ + stars: | 2024-05-30 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

Her success in monetizing her platform persuaded her to try full-time content creation in 2023. Hong Kong-based creator Anushka Purohit decided to dive into a corporate 9-to-5 job after graduating from college instead of becoming a full-time creator because of the perceived financial instability. "The idea of full-time content creation is often more glamorous than reality," she said. Nguyen also said she'll never go back to full-time content creation because of the financial instability. Being a full-time creator can also hurt your social-media brand if you compromise for the money.

Persons: —, influencer Maryam Salam, Adesh, hasn't, they've, Anushka Purohit, Purohit, Mitchie Nguyen, Instagram, Nguyen, she's, Salam, she'll, Maryam Salam, Maryam, Mariam Organizations: Service, Business, Salam, Google, Staples, RBC Locations: Canada, monetizing, Hong Kong, York, TikTok

☆ 15 rising stars in influencer management building impressive talent rosters and making waves in the creator economy
▼ + stars: | 2024-05-30 | by ( Shriya Bhattacharya | Amanda Perelli | ) www.businessinsider.com time to read: +1 min

There's a new group of talent managers making waves in the creator ecosystem. Business Insider is highlighting 15 rising stars helping influencers build their brands. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA new crop of professionals has entered the talent manager space. This story is available exclusively to Business Insider subscribers.

Persons: influencers, —, Al Baker Organizations: Service, B Digital Management, Business

☆ 3 quick and easy anti-inflammatory recipes, backed by a nutritionist
▼ + stars: | 2024-05-30 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Last year, Gwyneth Paltrow revealed that she eats an anti-inflammatory diet after suffering from long COVID. Eating an anti-inflammatory diet — meaning mostly fresh or minimally processed foods and minimal highly processed foods — can help reduce inflammation, according to the Cleveland Clinic. "Mushrooms contain multiple natural anti-inflammatory compounds, including essential vitamins and minerals, as well as numerous anti-inflammatory metabolites," Kodamala said. "Turmeric contains the active ingredient curcumin, which is an antioxidant and anti-inflammatory, making it a real powerhouse to include in your diet," she said. Nuts may also have anti-inflammatory properties, according to a 2023 review, and so might ginger, according to a 2022 review — but more research is needed on both.

Persons: —, Gwyneth Paltrow, It's, James Wythe, Vinny Kodamala, Kodamala, it's Organizations: Service, Business, Cleveland Clinic, LloydsPharmacy Locations: Dijon

☆ False right-wing reports about Trump trial jury instructions fuel threats against judge
▼ + stars: | 2024-05-30 | by ( Ryan J. Reilly | ) www.cnbc.com time to read: +4 min

False reports about the jury instructions in former President Donald Trump's hush money trial have been spreading across right-wing media, leading to threats against the judge overseeing the case. Those "unlawful means" aren't charges themselves and would not result in separate convictions, so jurors do not have to unanimously agree on them. The jury instruction was complex and nuanced and some right-wing accounts ran with false reports. On X, after a right-wing influencer asked followers who among them wanted to see Merchan locked up for treason. In August, Trump supporters posted the names and addresses of the Fulton County grand jurors who indicted Trump and 18 of his co-defendants.

Persons: Juan Merchan, Donald Trump's, Stormy Daniels, Donald, Trump, That's, Merchan, influencer, Alice, Wonderland, Rickey Walter Shiffer, Trump's, Joe Biden, General Merrick Garland, Biden Organizations: Republican, Fox News, Federal, System, Democratic Socialist Elites, Fox, Trump, FBI Locations: Manhattan, New York City, U.S, Fulton, Cincinnati

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