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☆ The IRS has failed to police the huge tax breaks offered by Puerto Rico, whistleblower claims
▼ + stars: | 2024-05-28 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Read previewA whistleblower claims that the Internal Revenue Service has not done enough to stop the exploitation of a Puerto Rico tax break, The New York Times reported. According to a letter written by an IRS insider, the agency's three-year campaign to uncover abuse of a tax benefit has failed to make much headway. For instance, the IRS will typically send out "soft letters" to any scrutinized beneficiaries, encouraging them to voluntarily fix any potential issue with their taxes. Yet, the agency hasn't issued any soft letters, the whistleblower said. In an interview with NYT, IRS Commissioner Danny Werfel acknowledged that no soft letters were sent, but highlighted the dozens that have been audited.

Persons: —, Gabriel Hernandez, Hernandez, hasn't, Danny Werfel Organizations: Service, Internal Revenue Service, New York Times, IRS, Business, Puerto, Bloomberg Locations: Puerto Rico, Puerto Rican

☆ Should Elon Musk be paid $56 billion? Tesla shareholders get to vote
▼ + stars: | 2024-05-27 | by ( David Ingram | ) www.cnbc.com time to read: +10 min

Several investors released a joint letter this month urging fellow shareholders to vote down the package as excessive. Tesla shareholders approved the pay package in 2018, with compensation tied to Tesla's performance including its market value. And he still has time to meet goals he hasn't reached, including on revenue, because the pay package had a 10-year term. In the 440-page proxy statement explaining the vote, a committee of the Tesla board noted the "novel circumstances." Some people began sharing screenshots of their votes in April, shortly after the Tesla board announced the vote, and the deadline to vote online is June 12.

Persons: Elon Musk, The Beverly Hilton, Tesla, James Park, Musk, He's, Judge Kathaleen McCormick, McCormick, Nadya Malenko, hasn't, Ann Lipton, Lipton, — I'm, Musk's, there's, —, Rowe Price, didn't, Brad Lander Organizations: SpaceX, Tesla, The Beverly, Wall Street, University of California, CNBC, Bloomberg, Reuters, Boston College's, Tulane University, Disney, New York, Amalgamated Bank . Locations: Beverly Hills , California, U.S, Delaware, Austin , Texas, —, Los Angeles, Texas, New York City

☆ An early retiree describes the journey as a 'death march' and shares his top regrets: Working 80-hour weeks 'made us wealthy, but I wouldn't do it again'
▼ + stars: | 2024-05-25 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Carl spearheaded their financial independence journey after discovering blogs like "Get Rich Slowly" and "Mr. Money Mustache" around 2010. He likens his financial independence journey to "a death march" — and has regrets. Jensen, who has done seven 'live-in flips,' chose to do most of the renovations himself. Advertisement"The whole point of financial independence is to increase your happiness and live a better life," he said.

Persons: —, Carl Jensen, Mindy, Carl, they've, Jensen, We've, It's Organizations: Service, Business

☆ Advertisers boost spending at retailers such as Walmart and Amazon as TV shrinks
▼ + stars: | 2024-05-24 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Global retail media ad spending is expected to more than double from $114.18 billion in 2023 to $233.89 billion in 2027, according to eMarketer. Retail media is expected to represent a larger percentage of digital advertising spending, which has begun to eclipse traditional media spending, growing from 18.9% of that segment in 2023 to 25.7% in 2027, according to eMarketer. "What we hear from brands most directly is they no longer wake up with a recipe to buy X amount of TV, X amount of social, X amount of digital. GSTV screens reach 115 million viewers per month across 49 states. "It's the new TV for mass reach advertising," said Mark Boidman, head of media and entertainment investment banking at Solomon Partners.

Persons: Sean McCaffrey, McCaffrey, Mark Boidman Organizations: Television, Facebook, Walmart, Kroger, WPP, Global, Brands, Solomon Partners Locations: eMarketer, It's

☆ CEOs of AI startups backed by Microsoft and Amazon are the new tech rockstars
▼ + stars: | 2024-05-24 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

French founder of artificial intelligence start-up Mistral AI, Arthur Mensch attends the Viva Technology show at Parc des Expositions Porte de Versailles on May 22, 2024 in Paris, France. PARIS — It's not unusual for well-known technology CEOs to be mobbed by fans or start-up founders looking to make connections at industry conferences around the world. VivaTech, one of Europe's biggest tech shows, enjoyed the attendance of Arthur Mensch, the co-founder and CEO of Mistral AI and Anthropic CEO Dario Amodei. Just over a year old, Mistral AI is a French startup that has raised hundreds of millions of dollars and the backing of Microsoft . The astronomical rise of Mistral AI, which develops AI models much like OpenAI, has put the spotlight on its CEO Mensch.

Persons: Arthur Mensch, Porte de Versailles, PARIS —, Dario Amodei, Mensch Organizations: Viva Technology, Parc, PARIS, Mistral, Microsoft Locations: Paris, France, French

☆ A corner of the cancer therapy market is heating up—Here are the names investors need to know
▼ + stars: | 2024-05-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +8 min

A $25 billion market Meanwhile, RBC Capital Markets sees a $25 billion market opportunity for the space. A name Jones likes is Perspective Therapeutics , which he rates outperform. CATX 1Y mountain Perspective Therapeutics year to date Cantor Fitzgerald is also bullish on the name. So it's really an ideal profile," said Piper Sandler analyst Edward Tenthoff, who doesn't cover Perspective Therapeutics. Then there is Lantheus Holdings , which calls itself a radiopharmaceutical-focused company and has a $5.6 billion market cap.

Persons: There's, Eli Lilly, Myers, Jefferies, Andrew Tsai, radiopharma, Oppenheimer, Jeff Jones, FactSet, William Blair, Read, — it's, Andy Hsieh, Gregory Renza, Jones, Cantor Fitzgerald, Louise Chen, it's, Piper Sandler, Edward Tenthoff, Dan Lyons, Janus Henderson, Lantheus, Roanna Ruiz Organizations: Novartis, pharma, Mariana Oncology, Myers Squibb, AstraZeneca, Fusion Pharmaceuticals, RBC Capital Markets, TRT, Therapeutics, Alpha, Janus, Janus Henderson Investors, Lantheus Holdings, Lantheus, Leerink, ~$ Locations: Biopharma, Bristol, Mariana, radiopharma, New Jersey

☆ I went to the NYC-Dublin Portal looking for filth and debauchery. All I got was some tourists and kids.
▼ + stars: | 2024-05-23 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

The first thing to know about The Portal is that you will feel a strange, overwhelming urge to take out your phone and gaze at it through your phone's screen. Isn't it more interesting to try to interact with those people instead of staring at them through your phone? It feels almost protective — like The Portal is a light so bright you have to view it only through a phone screen, like looking at a solar eclipse through a hole in a cereal box. The Dublin Portal had a bigger crowd than the one in NYC. The Portal in New York is right on 23rd and Broadway, near some seating and a coffee stand.

Persons: Katie Notopoulos Organizations: Service, Business, New, Dublin, Broadway, Yorkers, Dubliners Locations: New York City, Dublin, Flatiron, Manhattan, New York, —

☆ Is Pet Insurance Worth It? for Most People, the Answer Is No.
▼ + stars: | 2024-05-23 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

The North American Pet Health Insurance Association found that pet owners in the US paid $3.9 billion in premiums in 2023, a 22% increase from the year before. One thing is for sure: As the industry grows, pet insurance is becoming as confusing and messy as health insurance is for humans. Pet insurance isn't technically even health insurance; it falls in the property-and-casualty category. AdvertisementThe big problem with pet insurance is it's just an expensive productThere are three categories of pet insurance: accident only; accident and illness; and accident, illness, and wellness. Advertisement"It's important that pet owners understand the scope of what their pet insurance does and does not cover, so they're not caught off guard by unexpected payments," he said.

Persons: Gina Papini, Kato, Papini, That's, they've, Kevin Brasler, that's, Dan, Michael San Filippo, they're, Doug Kenney, Kenney, It's, Brasler, she's, Emily Stewart Organizations: American Pet Products Association, Pet Health Insurance Association, American Veterinary Medical Association, Rover, Consumers, Business Locations: reimbursing, Mexico

☆ This up-and-coming cancer treatment could be a $25 billion market opportunity — it's already a hotbed for M&A
▼ + stars: | 2024-05-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

RBC Capital Markets sees a $25 billion market opportunity for the space. The average analyst rating is hold, with 8% upside to the average analyst price target, according to FactSet. Eli Lilly has an average analyst rating of overweight and 8.3% upside to the average analyst price target, according to FactSet. Stock Chart Icon Stock chart icon AstraZeneca's one-year performanceAstraZeneca shares have an average analyst rating of overweight and nearly 6% upside to the average analyst price target, according to FactSet. Stock Chart Icon Stock chart icon Bristol-Myers Squibb's one-year performance

Persons: It's, Gregory Renza, Renza, Oppenheimer, Jeff Jones, Piper Sandler, Edward Tenthoff, Eli Lilly, Dan Lyons, Janus Henderson, Myers Squibb, William Blair, Matt Phipps, Jefferies, Andrew Tsai, They've, Janus Henderson's Lyons, Jones, Piper Sandler's Tenthoff, Myers Organizations: pharma, RBC Capital Markets, TRT, Novartis, Mariana Oncology, Janus, Janus Henderson Investors, Bristol, RayzeBio, Karuna Therapeutics, AstraZeneca, Fusion Pharmaceuticals, GlobalData's Pharma Intelligence, Pluvicto Locations: Mariana, Bristol

☆ What Nvidia's 10-for-1 stock split means for investors—it's mostly psychological
▼ + stars: | 2024-05-23 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

Nvidia released its fiscal first-quarter earnings report on Wednesday, along with news of a planned 10-for-1 stock split. Shares in the chipmaking giant will begin trading on a split-adjusted basis when the market opens on June 10, according to a release. The split announcement, along with better-than-expected financial results, were just the latest in a long line of good news for Nvidia investors. Shares sprung up by 7% at the opening bell on Thursday, pushing the share price over $1,000. Plus, a stock split announcement tends to coincide with strong recent financial performance, and could signal that the company believes more is on the way.

Persons: Sam Stovall, Stovall Organizations: Nvidia

☆ A Microsoft under attack from government and tech rivals after 'preventable' hack ties executive pay to cyberthreats
▼ + stars: | 2024-05-22 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +13 min

The decision by Microsoft to link executive compensation to successful cybersecurity performance is another is prompting discussions at other firms. One change the tech giant is making in response: linking executive compensation more closely to cybersecurity. In recent years, many Fortune 500 companies, including Apple, have added bonus pay tied to ESG metrics. The conversations about cybersecurity-linked executive pay have started taking place at other companies since Microsoft made its move, according to Aalap Shah, managing director at executive compensation consultant Pearl Meyer. Madnick's research shows that gaps in corporate culture are often culprits in high-profile hacks, not just the Microsoft example.

Persons: Brad Smith, Charlie Bell, Aalap Shah, Pearl Meyer, It's, I've, Shah, —, Stuart Madnick, Madnick, Ryan Kalember, unavoidability, Jen, Kalember, ransomware, Mike Doonan, Doonan Organizations: Microsoft, U.S, Hill, Google, U.S . Department of Homeland, Initiative, Microsoft Security, Team, Companies, Fortune, Apple, MIT, Infrastructure Security Agency, CNBC, Technology, State Department Locations: China, Russia, cybersecurity, U.S

☆ I'm a 42-year-old pregnant nutritionist. I eat plenty of protein, love spicy foods, and snack on nuts.
▼ + stars: | 2024-05-22 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

I always had a passion for health and fitness, but this time, I felt even more empowered with knowledge about how to eat healthy during pregnancy. AdvertisementI focus on healthy foods that are easy to makeI make sure that I eat plenty of filling foods with a lot of flavor each day. Related storiesAlthough I'm health-conscious, I'm also tired. If I'm eating eggs, I'll combine 2-3 egg whites with one whole egg to load up on plenty of protein. Often, I eat a wrap here, too — it's just such an easy and delicious way to incorporate protein, vegetables, and whole-wheat carbs.

Persons: —, Melissa Pfeister, I'm Organizations: Service, Stanford Medicine, Business

☆ America's Surge of Dumb Neighborhood Names, Real-Estate Rebrands
▼ + stars: | 2024-05-22 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

Neighborhood names are also shorthand for your rent or mortgage payments. In 2017, real-estate brokers in the historically Black New York neighborhood of Harlem sparked backlash when they tried to rebrand its south end as SoHa. At their best, new neighborhood names bring people together over a shared sense of pride in their little corner of the world. Along the way, these neighborhood names have veered into parody territory. I'm not saying that neighborhood names should be set in stone — in fact, I think it's natural for them to evolve alongside their populations.

Persons: you've, MoRA, Nashville's, they're, Let's, Gill Holland, Holland, Nestor Davidson, David Fagundes, Grant McKenzie, McKenzie, Hakeem Jeffries, Jeffries, Davidson, They're, Bob Dylan's, Marshall, Lily, I'm, Willy, Dirtbag, Little Italy — Organizations: Market, McGill University, University of Maryland, Houston, Financial, Tribeca, McGill, Google, Democratic, New York State Assembly, New York Times, Apple, North Arts District, Congress, Little Locations: Denver, Charlotte , North Carolina, LoSo, Boston, Louisville , Kentucky, NuLu, Austin, America, New York City, Louisville, Holland, North Carolina, Greenwich, Louisville's, Phoenix, Holland's, York, New York, Manhattan, Side, Chelsea, Maryland, Harlem, SoCo, Soho, Dowisetrepla, Charlotte, East Williamsburg

☆ Nvidia is talk of the town at AI events leading into this week’s earnings
▼ + stars: | 2024-05-21 | by ( Kif Leswing | ) www.cnbc.com time to read: +6 min

"We're still really early in the AI build," Niles told CNBC's "Money Matters" on Monday. "If you look at today for the AI build out, who's really driving that?" Lam Yik Fei | Bloomberg | Getty ImagesPrior to the recent AI boom, Nvidia was known as the primary maker of chips used for 3D gaming. That's not to say that Nvidia is at risk of losing a ton of the AI chip business to rivals. Piper Sandler analysts expect it to keep at least 75% of the AI accelerator market, even as companies like Google build their own custom chips.

Persons: Jensen Huang, Josh Edelson, Sundar Pichai, that's, Dan Niles, Niles, We're, CNBC's, Bernstein, Mark Zuckerberg, Huang, Lam, Fei, That's, Piper Sandler, Harsh Kumar, Blackwell, Hopper, Morgan Stanley, Joseph Moore Organizations: Nvidia, Intelligence, SAP Center, Afp, Getty, Google, Blackwell, Microsoft, Meta, Niles Investment Management, Cisco, Apple, Nvidia Corp, Bloomberg Locations: San Jose , California, Redmond , Washington, Taipei, Taiwan

☆ Screw helping the NFL, Taylor Swift could save Broadway next
▼ + stars: | 2024-05-21 | by ( Laura Wheatman Hill | ) www.businessinsider.com time to read: +7 min

Read previewTaylor Swift has such a major influence on the American economy she might just be able to revitalize Broadway. When Swift filed to trademark the phrase "Female Rage: The Musical" on May 11, fans began to wonder if she just might shift her talents to musical theater next. AdvertisementSwift is more than ready for Broadway — and the Eras Tour is proofThe Eras Tour is already quite a theatrical experience. Michael Campanella/TAS24/Getty ImagesAttending one of Swift's concerts on the Eras Tour is already pretty close to seeing a Broadway show. Swift has options if she does head to BroadwayTaylor Swift could star in her own Broadway show or just lend her writing chops to one.

Persons: —, Taylor Swift, Swift, Travis Kelce, she's, Dimitrios Kambouris, haven't, Britney Spears, Katharine Quinn, Quinn, Michael Campanella, TAS24, it's, She's, Kevin Mazur, Deborah Rayne, Billy Flynn's, Broadway Taylor Swift, CHRISTINE OLSSON, Rayne, Tony, Oscar, Angelina Jolie, she'd, Sara Bareilles, Beyoncé Organizations: Service, Broadway, Chiefs, Business, Hollywood, Department, Broadway League, Opera Locations: —, Ohio, NYC, Chicago

☆ America's highest-earning CEO was awarded a staggering $162 million last year — but there's a catch
▼ + stars: | 2024-05-21 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Broadcom boss Hock Tan is the highest-earning CEO in the US, per a Wall Street Journal analysis. But Tan has to fulfill certain criteria to get his full $162 million pay package. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmerica's highest-paid CEO isn't Apple's Tim Cook, Tesla's Elon Musk, or Meta Platforms' Mark Zuckerberg — it's Broadcom's Hock Tan, The Wall Street Journal found in an analysis published this week. Tan was awarded $162 million in compensation last year, but it comes with a catch: he'll only receive the full amount if his company's stock hits a certain level by 2025, the WSJ said.

Persons: Hock Tan, Tan, Nikesh Arora, Steve Schwarzman, —, isn't, Tim Cook, Tesla's Elon, Mark Zuckerberg, Broadcom's Hock Tan Organizations: Broadcom, Palo Alto Networks, Service, Journal, Business

☆ This 35-year-old turned a local Indonesian coffee stall into a unicorn startup — today it brings in $100 million a year
▼ + stars: | 2024-05-20 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

Within the span of seven years, Kopi Kenangan went from a local Indonesian coffee stall to a venture-backed unicorn coffee company. "Instead of focusing on the sofa, or fast Wi-Fi, we're going to focus on a good, high quality cup of coffee," Tirtanata said. This decision helped Kopi Kenangan scale to over 200 locations and 10 cities within the first two years of operations. Taking a data-driven hyperlocal approach means that a Kopi Kenangan latte in Singapore will taste different from a latte in Indonesia. This helped Kopi Kenangan more than triple its store count during the pandemic.

Persons: Edward Tirtanata, Dunkin, Kopi Kenangan, Tirtanata, it's, Carroll, James Prananto, Kopi, Kenangan, Prananto Organizations: CNBC, Entrepreneur, Northeastern University, Lewis Locations: Indonesian, Southeast Asia, Jakarta, Boston, Indonesia, U.S, Singapore

☆ US Navy warships in the Red Sea are fighting off missiles new to combat that are 'way faster' than anything else, destroyer captain says
▼ + stars: | 2024-05-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Since then, the Iran-backed rebels have fired dozens of anti-ship ballistic missiles into the Red Sea and Gulf of Aden. An anti-ship ballistic missile "is just way faster than anything else, Cmdr. Jeremy Robertson, captain of the guided-missile destroyer USS Carney, told reporters during a media event on Monday. The Houthis maintain a sizable arsenal of anti-ship ballistic missiles, according to an analysis by the the International Institute for Strategic Studies think tank. US Navy guided-missile destroyer USS Carney defeats a combination of Houthi missiles and drones in the Red Sea on October 19, 2023.

Persons: —, Jeremy Robertson, Carney, MCS2 Aaron Lau, Robertson, we've, Dwight D, Eisenhower, Petty, Bill Dodge, The Carney, Lisa Franchetti, Franchetti Organizations: Service, Navy, Business, US Navy, International Institute for Strategic Studies, Central Command, AP, Israel, Naval, Fleet Locations: American, Iran, Gulf of Aden, Suez, Yemen, Tehran, Washington, Pacific, China, Souda Bay, Greece, Mayport , Florida

☆ Trump's hush money verdict hinges on a single piece of paper. See the most important evidence in the case.
▼ + stars: | 2024-05-19 | by ( Laura Italiano | ) www.businessinsider.com time to read: +13 min

Read previewWelcome to People's Exhibit 35, the single most important piece of evidence in the Donald Trump hush-money trial. People's 35 is the fulcrum for the entire case. What People's 35 does not have is Trump's fingerprints, a point that the defense is sure to press during closing arguments next week. AdvertisementProsecutors allege that Trump's payments to Cohen were falsified to conceal hush money paid to adult film star Stormy Daniels. "Yes," Cohen answered, as Trump watched from the defense table"And what, if anything, did Mr. Trump say at the time?"

Persons: —, Donald Trump, Trump, Michael Cohen, Cohen, Stormy Daniels, we'll, Allen Weisselberg, Weisselberg, Cohen —, Reince, Jon Elswick, Susan Hoffinger, Daniels, Hoffinger, Todd Blanche, — Cohen, Keith Davidson, Davidson, Karen McDougal, Playboy Bunny, Trump's, Melania Trump, peddled, Charlie Sheen, Hulk Hogan, Lindsay Lohan, Tila, RedFinch, That's Allen Weisselberg's, Allen, — it's, Trump —, Mary Altaffer Organizations: Service, Business, Attorney's, Trump Organization, Trump, Prosecutors, AP, Manhattan, BI Prosecutors, Essential, Consultants, Tahoe, National Enquirer, RedFinch Solutions, RedFinch, People's, frick Locations: Manhattan, Virginia

☆ Amazon CEO: An 'embarrassing' amount of your success depends on this one skill
▼ + stars: | 2024-05-19 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

The trick to getting ahead at work isn't being the fastest learner or the smartest in the room — it's having a positive attitude, says Amazon CEO Andy Jassy. Jassy, who took the top job at Amazon after Jeff Bezos stepped down in 2021, shared his "best career advice" in a new interview with LinkedIn CEO Ryan Roslansky. "I think an embarrassing amount of how well you do, particularly in your 20s, has to do with attitude," Jassy, 56, said. Having a positive attitude means you work well on a team and honor deadlines, among other strengths. Regardless of where you're at in your career, having a positive attitude can help you build stronger relationships in the workplace.

Persons: isn't, Andy Jassy, Jassy, Jeff Bezos, Ryan Roslansky, It's, Jeff Organizations: Amazon, Research, CNBC

☆ I grew up in Florida and used to want to live anywhere else. Now that I'm older, I wouldn't dream of leaving
▼ + stars: | 2024-05-17 | by ( Ashley Archambault | ) www.businessinsider.com time to read: +5 min

Now that I'm an adult, and I've traveled all around the state and country, I've grown to appreciate where I'm from. I spent the first 24 years of my life in Miami, and now live in a smaller Central Florida town off of the Space Coast. Although I wouldn't live in Miami again, I'll happily keep a quaint old Florida town near the beach as my forever home. Fortunately, I'd say it's really only brutally hot in Florida for three months out of the year, from July through September. Living near a beach is important to meI'm embarrassed to admit that I used to take the beach for granted.

Persons: —, I've, I'm, Alexander Spatari, Augustine, Ernest Hemingway, you've Organizations: Service, Business, Getty, Sunshine States, Disney Locations: Miami, Florida, Central Florida, snowbirds, St, America, Key West

☆ I have 2 men in my life, so I wear 2 rings
▼ + stars: | 2024-05-17 | by ( Stacy Brooks | ) www.businessinsider.com time to read: +4 min

But I also wear a white gold band on my right ring finger to celebrate my commitment to my longtime life partner. We got married a year later and exchanged wedding rings. I always tell people that if you know one person in a polyamorous relationship, you know one person in a polyamorous relationship. Stacy Brooks and her husband both wear wedding rings. We think of a wedding ring as something that symbolizes love and dedication to a relationship that you want to last for the rest of your life.

Persons: I'm, we've, He's, Stacy Brooks, didn't Organizations: Netflix

☆ Billionaire 'Bond King' Bill Gross explains why oil and gas pipelines are his top investment even as AI fervor swirls
▼ + stars: | 2024-05-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Bill Gross told Barron's that oil and gas pipelines are a top investment of his as he seeks alternatives to a tapped-out bond market. He says these publicly-traded multiple limited partnerships offer strong returns with additional tax advantages. Rather than seeking opportunity in the bond market, the legendary billionaire is investing in oil and gas pipelines. Gross notes that the pipelines — which trade as master limited partnerships — possess many of the yield attributes of bonds. Previously, he attempted to trade Broadcom on AI hopes, but was "whipped back and forth," Gross shared in March commentary.

Persons: Bill Gross, Gross, —, that's, Barron's, " Gross, Con Organizations: Microsoft, IBM, Nvidia, Service, Energy, Western Pipeline, Gross, Broadcom, Dominion Locations: Barron's, Con Edison

☆ A Google executive shares the 5 things to avoid doing for a successful career
▼ + stars: | 2024-05-16 | by ( Daniel Rizea | ) www.businessinsider.com time to read: +9 min

His reply was surprising, if not simple: Think of the things you will do that will make you fail and just avoid doing them. Thinking back to Charlie's advice, I came up with five things you should avoid doing in order to have a successful and meaningful career. Avoid pushing for a promotion when you're not ready yetGetting a promotion when you're not quite ready may negatively impact yourself and your career trajectory. A good way to see if you're ready is to think about how you would feel if you were promoted tomorrow. AdvertisementThe main problem is that most of us avoid doing those 20 hours for years, pushing the things we want in life even further away.

Persons: —, Charlie Munger, Warren Buffett's, we've, Josh Kaufman, I've, they've, you'll, Daniel Rizea Organizations: Service, Business, Google

☆ Cressida Cowper is getting a redemption arc in 'Bridgerton' season 3. Here's how it differs from the books.
▼ + stars: | 2024-05-16 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

"Bridgerton" season three is making a big change to the former villain Cressida Cowper. AdvertisementIn the books, Cressida marries before Penelope and Colin's love storyJessica Madsen as Cressida Cowper and Claudia Jessie as Eloise Bridgerton in "Bridgerton" season three. Liam Daniel / NetflixCressida appears in two "Bridgerton" books: "The Viscount Who Loved Me," which was source material for season two, and in "Romancing Mr. Bridgerton," which underpins season three. In "Romancing Mr. Bridgerton," Cressida is a vain, mean bully of London society. Cressida pretends to be Lady Whistledown and later blackmails PenelopeJoanna Bobin as Lady Cowper and Jessica Madsen as Cressida Cowper in "Bridgerton" season 3.

Persons: —, Bridgerton, Cressida Cowper, Jessica Madsen, Daphne Bridgerton, Phoebe Dynevor, Penelope Featherington, Nicola Coughlan, Cressida, Eloise Bridgerton, Claudia Jessie, Julia Quinn, Eloise, Penelope, Liam Daniel, Netflix Cressida, Twombley, Whistledown, Penelope Joanna Bobin, Lady Cowper, Lady, Lady Whistledown's, Queen Charlotte, Danbury, Colin Bridgerton, Lady Whistledown, Colin, Luke Newton, Netflix Madsen, Jess Brownell, Jess, they're, " Madsen, Madsen Organizations: Service, Netflix, Business, Lady Danbury

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