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☆ Why bars and restaurants are shedding 'Sunday Ticket' subscriptions
▼ + stars: | 2024-10-17 | by ( Alex Sherman | Alex Sherman Covers Media For Cnbc. | ) www.nbcnews.com time to read: +7 min

DirecTV still provides bars, restaurants, small businesses and hotels with game access — but it no longer has the exclusive rights. As a condition of that deal, EverPass included the right to build its own commercial streaming connection for “Sunday Ticket,” bypassing third-party licensing. EverPass sets all the pricing for “Sunday Ticket,” both for its new streaming product and DirecTV’s satellite offering. Sports bars concerned about having all of their TVs show games without a delay probably would opt for the DirecTV product. 3) Certain commercial establishments are using YouTube’s “Sunday Ticket” and paying residential prices (about $500 per year) instead of the higher business rates.

Persons: DirecTV’s, EverPass, Lillian Rizzo, —, ”, Alex Sherman, Everpass, It’s Organizations: NFL, YouTube, DirecTV, EverPass Media, RedBird Capital Partners, CNBC, Amazon Prime, ESPN, “, Dish Network Locations: Apple

☆ CNBC Sport: Why bars and restaurants are shedding 'Sunday Ticket' subscriptions
▼ + stars: | 2024-10-17 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +29 min

As a condition of that deal, EverPass included the right to build its own commercial streaming connection for "Sunday Ticket," bypassing third-party licensing. 1) Some commercial establishments are switching to EverPass's internet product. 2) Some commercial establishments are cutting the cord on pay-TV in general. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates.

Persons: Alex Sherman, DirecTV's, What's, EverPass, Lillian Rizzo, –, Everpass, It's, Craig Kilborn, Val Ackerman, Ackerman, that's, We're, Alex, you've, they're, Jeff Shell, Tom Brady, Tom Wagner, CNBC's Michael Ozanian, Jessica Golden, Brady, He'll, Wagner, Warner, Jake Piazza, CNBC's Rizzo, Nielsen, That's, — Ian Charles, Arctos, Charles, NBC's Peacock, Christian Miller, Miller, Adam Silver doesn't, Jim Dolan, Abu, Greg Norman, Norman, Rory McIlroy, Tiger Woods, Chiney Ogwumike Organizations: CNBC, NFL, Google, YouTube, DirecTV, EverPass Media, RedBird Capital Partners, Amazon Prime, ESPN, Dish Network, Big East Conference, WNBA, Big, CNBC Sport, Skydance, Paramount Global, Shell, Paramount, Las Vegas Raiders, Knighthead, Raiders, Fox Sports, NBA, Warner Bros, Discovery, TNT, MLB, Los Angeles Dodgers, New York Mets, Mets, Revenue, League, Golden State Warriors, Boston Celtics, Philadelphia Phillies, Wall Street, Comcast, Puma, NBC News, U.S, SEC, New York Times, Sphere Entertainment, Saudi Arabia's Public Investment Fund, Sports Business, PGA, Chiney, Continent Foundation, Philadelphia Eagles, Kansas City Chiefs, Visual China, Getty, Big East Locations: Apple, New York, American, Boston , Philadelphia, Northern California, U.S, Abu Dhabi, Vegas, Queens, Africa, Newport Beach , California

☆ Daters increasingly seek shared political views. Popular dating apps are ready to meet the moment
▼ + stars: | 2024-10-17 | by ( Kaanita Iyer | ) edition.cnn.com time to read: +8 min

“It’s really about making sure (the app’s users) understand what is kind of at stake,” she added. Meanwhile, OkCupid has added a dozen new matching questions that focus on voter behavior and help show users more compatible profiles. While registered US voters are split near evenly between the two parties, according to Pew Research Center, daters on OkCupid tend to lean more liberal. Debono recognizes that political concerns are important to daters, especially ahead of a presidential election. “Political alignment is increasingly becoming a nonnegotiable factor for many people who are dating,” Debono said.

Persons: Tinder, “, ”, Stephanie Danzi, OkCupid, “ Trump, Michael Kaye, Joe Biden, Donald Trump, ” Kaye, Ashley Houghton, ’ ”, Houghton, daters, Lisa Wade, Wade, George Floyd’s, —, cautiousness, ” Wade, we’re, Casey Klofstad, ” Klofstad, Bumble, John McEntee, Raquel Debono, ” Debono, Debono Organizations: CNN, Tinder, Vote.org, OkCupid, Pew Research Center, “, Tulane University, University of Miami, ” CNN Locations: California

☆ ‘Headspin hole’: Man develops foot-long scalp tumor after decades of breakdancing
▼ + stars: | 2024-10-10 | by ( Jeffrey Kopp | ) edition.cnn.com time to read: +3 min

CNN —Researchers in Denmark have published a case report revealing an unexpected consequence of one of breakdancing’s most iconic moves: the headspin. Breakdancing, or breaking as it’s called by its athletes, made its debut as an official sport at the 2024 Paris Olympics. These can include carpal tunnel syndrome and other nerve problems, as well as a condition known in the breaking community as headspin hole, an overuse injury that can affect the scalp. “This repetitive strain on the skull, scalp and skin likely triggers inflammation, and over time, minor bleeding may lead to thickened skin and scar tissue, forming the characteristic bulge.” Søndergaard, a co-author of the case report, treated the patient. The patient’s head before and after surgery to remove a noncancerous tumor caused by years of breakdancing.

Persons: ”, Christian Baastrup Søndergaard, Dr, Sanjay Gupta, “ Organizations: CNN, Breakers, breakdancing, CNN Health Locations: Denmark, Copenhagen

☆ A 6-acre Vanderbilt equestrian estate from the Gilded Age is listed for $3.5 million. Take a look inside.
▼ + stars: | 2024-10-07 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Sandy Point Farm was built in 1902 for Reginald Claypoole Vanderbilt in Portsmouth, Rhode Island. Sandy Point Farm, now listed for $3.5 million, has 24 stables and a 15,000-square-foot riding arena. Go to newsletter preferences Thanks for signing up! AdvertisementRhode Island is full of architectural marvels from the Gilded Age, but these historic properties rarely hit the market. That's what makes Sandy Point Farm, a 1902 equestrian estate that belonged to a Vanderbilt heir, a rare find.

Persons: Reginald Claypoole Vanderbilt, Cornelius Vanderbilt II, — Organizations: Service Locations: Sandy Point, Portsmouth , Rhode Island, Newport . Sandy Point, Rhode, Sandy, Vanderbilt

☆ Look inside the Breakers, a 70-room, 138,300-square-foot mansion that belonged to one of America's wealthiest Gilded Age families
▼ + stars: | 2024-10-07 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

The Vanderbilts, one of America's wealthiest Gilded Age families, owned multiple opulent homes. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementDuring the Gilded Age, Cornelius Vanderbilt was America's richest man with an estimated net worth of $100 million, or around $200 billion in today's currency. His grandson, Cornelius Vanderbilt II, succeeded him as the president and chairman of the New York Central Railroad in 1885. The seaside residence, named "the Breakers" after the waves that break on Newport's rocky shores, was one of many opulent homes that the Vanderbilts owned as one of America's wealthiest Gilded Age families.

Persons: —, Cornelius Vanderbilt, Jeff Bezos, Mark Zuckerberg, Warren Buffett, Cornelius Vanderbilt II, Alice Vanderbilt Organizations: Breakers, Service, New York Central Railroad Locations: Newport , Rhode Island

☆ I ghosted my best friend of 15 years when we grew apart. I don't regret it.
▼ + stars: | 2024-10-06 | by ( Kanishka Nangare | ) www.businessinsider.com time to read: +5 min

My best friend and I met in high school, and we remained good friends through college. While I embarked on "life-defining" journeys, my friend didn't. But she had sorted hers already, and it didn't feel right to ramble about my shenanigans when she didn't share hers. As I saw her text now, two years later, I wondered if ghosting was the right way to end a 15-year friendship. After observing the same stagnant script of our meetings, I once asked her, "Why don't we have things to talk about?"

Persons: —, I'd, didn't, ghosting Organizations: Service

While there's no universal minimum credit score to rent an apartment, landlords generally prefer applicants with a good credit score, which is at least 670. How to improve your credit score for rentingIf your credit score isn't stellar right now, don't worry. The average credit score of a Gen Z consumer is 680 compared to the average baby boomer's credit score of 745. Credit builder loans and rent reporting companies can help you add credit history to your credit report. Frequently asked questions about apartment credit score requirementsCan you rent an apartment if you do not have credit?

Persons: —, TransUnion, Kendall Meade, Jay Zigmont, Jennifer, Read Organizations: Fair, Childfree, Business, Yahoo, Finance, CBS, MSNBC, CNBC, Forbes, Black Enterprise, USA, The Johns Hopkins University Carey School of Business, Business Journalists Locations: AnnualCreditReport.com, SoFi, Chevron, America, TheGrio, New York City

☆ With ports strike imminent on East Coast, Gulf, truckers, rails are scrambling to move billions in cargo before midnight shutdown
▼ + stars: | 2024-09-30 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

As much as 43% to 49% of total containerized goods entering the U.S are processed through ports on the East Coast and Gulf Coast. Michael Kanko, CEO of ImportGenius, tells CNBC the economic importance of the ports impacted by an ILA strike is profound. Approximately 50,000 ILA union members work at the ports of Boston, New York/New Jersey, Philadelphia, Wilmington, Baltimore, Norfolk, Charleston, Savannah, Jacksonville, Tampa, Miami, New Orleans, Mobile, and Houston. UBS forecast that 20% of Maersk's total volume would touch a U.S. port that would be impacted by the strike. East Coast ports in the U.S. are forecast to handle 2.3 million TEU (twenty-foot equivalent units) in October.

Persons: Gary Hershorn, Lading, Alan Baer, Baer, Michael Kanko, Brian Bourke, Pete Buttigieg, Julie Su, Lael Brainard, Biden, We've, Taft, Hartley, Donald Trump, Harold Daggett, let's, Estee Lauder, Steve Lamar Organizations: Port, Port Newark Container, Corbis, CNBC, International Longshoremen's Association, US Maritime Alliance, USA, ILA, U.S ., Seko Logistics, Gulf, Transportation, National Economic, UBS, Maersk, Democrats, Hartley, Business, The U.S . Chamber of Commerce, Biden, ., L'oreal, ABB, Walmart, Walgreens, Disney, Port Authority of, American Apparel & Footwear Association Locations: Port Newark, New York City, Newark , New Jersey, Coast, U.S, ImportGenius, East Coast, Gulf Coast, U.S . East Coast, Maine, Texas, Boston , New York, New Jersey, Philadelphia, Wilmington, Baltimore, Norfolk, Charleston, Savannah, Jacksonville, Tampa , Miami , New Orleans, Mobile, Houston, The, Port of New York, Port Authority of NY, Virginia, Mitre . East Coast, Port of Virginia

The good news is that recent data suggests a decline in overdose deaths, the first significant drop in decades. Skyrocketing overdose deaths are nearly unavoidable, regardless of whether a state enforces tough penalties for drug possession or decriminalizes it. Since 2021, at least two-thirds of America’s 100,000 annual overdose deaths involved a synthetic opioid like fentanyl. Overdose deaths in the Northeast Deaths per 100,000 people Looking at regional overdose deaths shows this pattern clearly. It’s not coincidental that the exponential rise in overdose deaths has occurred in tandem with a profound increase in income inequality.

Persons: bartenders, skyrockets, didn’t Organizations: for Disease Control, National Forensic Laboratory Locations: East Coast, United States, America, East, Mississippi, Texas, Idaho, Oregon, New York City, Chicago, Rural West Virginia, Florida, West, U.S, Mexico

☆ I tried 43 of Trader Joe's fall foods, and would buy at least 31 of them again
▼ + stars: | 2024-09-26 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +52 min

Trader Joe's Fall Harvest salsa had an unusual sweetness that I didn't care forThe Fall Harvest salsa isn't the only seasonal dip Trader Joe's has for fall. Trader Joe's pumpkin-spice granola bark was thicker than I expectedTrader Joe's pumpkin-spice granola bark was thick. I used Trader Joe's pumpkin brioche to make a lovely French toastTrader Joe's pumpkin brioche is a unique fall take. Trader Joe's pumpkin 4-cheese Greek-yogurt dip had way too many competing flavorsI was not a fan of this Trader Joe's dip. Trader Joe's pumpkin pancake and waffle mix can elevate your fall breakfast gameTrader Joe's pumpkin pancake and waffle mix was incredible.

Persons: —, I've, Joe's, Wilson, I'm, I'd, they're, Savanna, empanadas, Wilson I, hummus, Wilson I'm, it's, Joe, dente, you've Organizations: Service, Business, Wilson Apple, Pretzel Slims, Joe's Pretzel Slims, Wilson Locations: Savanna, globs, Swain, Monterey Jack, chiles, Brussels

☆ 42-year-old self-made millionaire: I lived in a 200-square-foot RV for 3 years as I built wealth—it was 'actually quite freeing'
▼ + stars: | 2024-09-22 | by ( Steve Adcock | ) www.cnbc.com time to read: +5 min

The 'freeing' reality of living smallOne of the biggest challenges was getting rid of most of our stuff before moving into the Airstream. We held garage sales over several weekends and digitized thousands of photos onto CDs instead of keeping physical photographs. Living small made household chores quick and easy. Photo: Steve AdcockOur expenses on the roadFor the first year of travel, we spent about $35,000. A night shot of our Airstream in a small campground just west of Tucson, AZ in 2016.

Persons: Courtney, Dodge, Steve Adcock, Patti, Penny, hookups, I've Organizations: Bryce National, of Land Management, Alabama, ACs, Costco, Safeway, YouTube Locations: Bryce, Utah, RVers, Truckee , CA, New York, California, Lake Powell , Arizona, New York's, Montana, Leavenworth , Washington, Bend , Oregon, Tucson, AZ

☆ A new Zyn competitor is marketing its nicotine pouches to the finance bros
▼ + stars: | 2024-09-21 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

Excel's is-it-ironic-or-not branding makes sense, given the growing popularity of synthetic nicotine pouches among office workers wanting a boost. Excel Pouches cofounder John Coogan Elspeth VincentIn addition to the corporate world, the pouches have also found loyal devotees within certain circles of the political right. Lucy's first product was nicotine gum, and it also vends a Breakers brand whose nicotine pouches contain a flavor capsule. In an email interview with BI, Day Job cofounder Rion Harmon said the branding was inspired by Wall Street's hedonistic heyday. AdvertisementCoogan likened Excel to "American Psycho," a satire that he said has been "rightly embraced by finance bros as a style guide."

Persons: —, John Coogan, Zyn, John Coogan Elspeth Vincent In, Tucker Carlson, Alp, Coogan, Soylent, Coogan —, Lucy, l6qOZlHH6e — John Coogan, Rion Harmon, Wall, Harmon, " Coogan, Patrick Bateman, Gordon Gekko Organizations: Service, Business, Excel, Fund, Goods, Colgate, bros Locations: Excel's, Los Angeles, Montauk

☆ Unnamed storm brings a foot of rain to parts of North Carolina, heads north
▼ + stars: | 2024-09-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +5 min

The National Hurricane Center calls it Potential Tropical Cyclone 8 and said in forecast updates that the front will weaken as it travels over terrain overnight. Similar volunteer weather stations at other coastal locations, including at Military Ocean Terminal Sunny Point in Southport, reported more than 14 inches of rain, the weather service said. A National Weather Service forecaster said that it was too soon to say whether the amounts were record breakers but that the weather service office in Wilmington is likely to have that answer late Tuesday morning. A flash flood event was confirmed in the community of Kelly, about 38 miles inland from Wilmington, the weather service said. The disturbance was 45 miles west of Cape Fear and traveling north-northwest at 7 mph, the National Hurricane Center said in its latest advisory.

Persons: Roy Cooper’s, Cooper Organizations: ., National Hurricane Center, Weather Service, Carolina, Gov, National Weather Service, North Carolina Transportation Department, Cherry Branch, Emergency, Center, Atmospheric Administration, Carolinas, NBC News, Federal, NBC Locations: North Carolina, Carolina Beach, Wilmington, Southport, New Hanover County, Kelly, Brunswick County, Leland, Isle, Swansboro, Cape Carteret, Cedar, Minnesott, Bayview, Aurora, Sampson, Duplin, Brunswick, New Hanover, Onslow, Pender, Cape Fear, Cape Hatteras, , Virginia, West Virginia, Maryland, Pennsylvania, Delaware , New Jersey, New York

☆ Australian breakdancer Raygun, who was trashed at the Paris Olympics, just got ranked world No. 1. Here's why.
▼ + stars: | 2024-09-11 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewRachael "Raygun" Gunn, the Australian breakdancer who earned notoriety at the Paris Olympics, has been named the world's No.1 female performer in the sport. To those who know Gunn through her much-mocked Olympics performance, the ranking will likely come as a surprise. As such, the World DanceSport Federation — the governing body that produces the ranking — issued an explanation to go along with the news. The ranking, the body explained, does not take into account scores notched up at the Paris Olympics, nor at their qualifying rounds. Mark Kolbe/Getty ImagesThe current WDSF world No.2, Japanese breaker Riko, also gained 1,000 points in a qualifying competition.

Persons: —, Rachael, Raygun, Gunn, Rachael Gun, Mark Kolbe, Zack Slusser Organizations: Service, breakdancer, Paris Olympics, World, —, Business, Olympic Games, Oceania Continental, Getty, USA, Associated Press, Macquarie University, Guardian Locations: Paris, Sydney, Australia, Seoul, Leuven, Belgium

☆ Raygun: Viral Olympian ranked No. 1 breaker in the world by sport’s governing body
▼ + stars: | 2024-09-10 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +5 min

CNN —Australian breaker Rachael Gunn, the Olympian widely known as B-Girl Raygun who went viral after her performance at the Paris Games, is now ranked the No. The 37-year-old claimed the top spot in the latest women’s rankings released by the World DanceSport Federation (WDSF) – the governing body of breaking and other dancesports. However, she won the gold medal at the 2023 WDSF Oceania Championships, securing her 1,000 ranking points and vaulting her up to No. “In alignment with the Olympic Qualification System, ranking events were intentionally not held between 31 December 2023 and the Olympic Games Paris 2024. From our perspective, that was nothing really shocking.”Raygun became one of the stories of the Paris Games after her performances at La Concorde Urban Park.

Persons: Rachael Gunn, Raygun, Japan’s Ami, Lithuania’s, WDSF, Robin, Ezra Shaw, Adele, Rachel Dratch, Jimmy Fallon, ” Raygun, –, ”, Martin Gilian, Frank Franklin, “, that’s, “ It’s Organizations: CNN, Paris Games, World DanceSport, Oceania, Oceania Championships, Olympic, Games, Olympic Games, Olympics, Getty, Twitter, Concorde Urban Locations: United States, France, Lithuania, Japan, Paris, Shanghai, Budapest, Australia, Munich, Los Angeles

☆ Inside Chateau-sur-Mer, an Italianate-style villa known for its extravagant parties during the Gilded Age
▼ + stars: | 2024-09-04 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Chateau-sur-Mer in Newport, Rhode Island, was home to three generations of the Wetmore family. The HBO show "The Gilded Age" has filmed numerous scenes at Chateau-sur-Mer. 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! AdvertisementBefore Vanderbilt mansions like The Breakers and Marble House put Newport, Rhode Island, on the map as an escape for the Gilded Age's wealthy elite, there was Chateau-sur-Mer.

Persons: Wetmore, —, William Shepard Wetmore Organizations: HBO, Service, Vanderbilt, House, Society for, Preservation, Business Locations: Mer, Newport , Rhode Island, Mer ., Newport County

☆ Elon Musk’s xAI accused of worsening Memphis smog with unauthorized gas turbines at data center
▼ + stars: | 2024-08-28 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Elon Musk's artificial intelligence startup, xAI, is being accused by environmental and health advocates of adding to the pollution problem in Memphis, Tennessee, by using natural gas burning turbines at its new data center, and doing so without a permit. The letter notes that xAI "has installed at least 18 gas combustion turbines over the last several months (with more potentially on the way)." The company has been using the turbines to power the facility, but its long-term plan is to use power from the local utility, Memphis Light, Gas and Water and the Tennessee Valley Authority. MLGW told CNBC that it started providing 50 megawatts of power to xAI at the beginning of August.

Persons: Elon Musk, Musk, xAI, MLGW Organizations: Southern Environmental Law Center, Health Department, Environmental Protection Agency, Memphis, Tennessee Valley Authority, CNBC, SpaceX, Google, Microsoft, American Lung Association Locations: Memphis , Tennessee, Shelby County, Memphis, Tennessee, Shelby

☆ 'Your ego is not your amigo': The smart way to negotiate a job offer in today's slowing labor market
▼ + stars: | 2024-08-13 | by ( Alex Koller | ) www.cnbc.com time to read: +4 min

Job hunters are facing a slowing labor market, but does that mean they should accept an offer without negotiating items like salary or remote work? You can use those preferences to filter your job search and to inform your discussions with a prospective employer. How to counter an offerIf your preferred job arrangement, such as fully remote work, isn't a complete deal-breaker, Goredema encourages you to continue the interview process until you receive a job offer. An offer in hand puts you in a "much stronger" position to negotiate the terms of your employment. Then say, 'Now, I'd really like to discuss next steps, and that includes compensation,'" or whichever aspect you're negotiating.

Persons: Octavia Goredema, it's, Stefanie Fackrell, isn't, Goredema

☆ A Head-Spinning Debut
▼ + stars: | 2024-08-10 | by ( Jonathan Abrams | ) www.nytimes.com time to read: +1 min

Breaking is a new sport at this year’s Summer Olympics — at least we’ll call it a sport for the sake of the Games. You probably know it as break dancing, the art form in which performers spin, pose, glide and dance across the floor with incredible athleticism and charisma. The event debuted yesterday in Paris with the women’s, or B-Girls’, competition. Ami Yuasa of Japan, known as B-Girl Ami, bested Lithuania’s Dominika Banevic, or B-Girl Nicka, to win breaking’s first gold medal. The dance spread nationally and globally through movies like “Beat Street” and pioneering crews providing demonstrations in countries like Japan and England.

Persons: Ami Yuasa, Ami, Lithuania’s Dominika, I’ll, Red Bull Organizations: Red Locations: Paris, Japan, New York, England, Europe

☆ Breaking explodes onto Paris' La Concorde, exciting spectators in its first Olympic showing
▼ + stars: | 2024-08-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +8 min

Lithuania's Dominika Banevič, known as Nicka, at La Concorde in Paris on Friday. Lithuania's Dominika Banevič known as Nicka, Japan's Ami Yuasa known as Ami, and China's Liu Qingyi known as 671 at La Concorde in Paris, on Friday. Odd Andersen / AFP - Getty ImagesUsually the Place de la Concorde is a busy traffic intersection. Team USA's Logan Edra, known as Logistx, competes in the breaking round-robin at the Olympics in Paris, on Friday. On Saturday, USA's B-Boys Victor and Jeffro will be among the athletes competing in the men's try of Olympic breaking, wrapping the sport's Paris showing.

Persons: Japan’s Ami, Lithuania's Nicka, Ami, Nicka, Dominika, Odd Andersen, Elsa, Getty, India —, Japan's Ami Yuasa, China's Liu Qingyi, La Madeleine, Malik, —, Sunny, Logistx, USA's Logan Edra, It’s, Ava Rodriguez, Rodriguez, Alison Palaia, Eric Quinlan, ”, Quinlan, “ We’ve, Palaia, “, USA's, Boys Victor, Jeffro, Alexander Smith, Rebecca Cohen Organizations: PARIS, La Concorde, AFP, Getty, Team USA, China's, Team United States, Nicka, Concorde, La, U.S, Los Angeles Games, Olympics, Boys Locations: Japanese, Lithuanian, Paris, Bronx, New York City, Netherlands, India, Carlota, Luxor, France, America, Norwalk, Conn, U.S, ”

☆ Venture capital's new reality check: 'A ton of people looking to get out everywhere'
▼ + stars: | 2024-08-09 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +12 min

PitchBook forecast in a May report that venture firms would raise less than $200 billion in 2024, a 48% drop from the industry's peak in 2021. "They may not see any carry dollars for a long time, maybe into full deployment to the next fund," the growth-stage principal said. AdvertisementBut this type of internal competition, including deal theft and sabotage, has always existed, the growth-stage principal added. 'A ton of people looking to get out everywhere'As the market continues to correct itself, more turnover is likely. "I know a ton of people looking to get out everywhere," the growth-stage principal said.

Persons: —, Michael Moritz, Combinator, they're, Will Champagne, it's, Ellis, Rebecca Zisser, VCs, Junior VCs, there's, Champagne, I'm, inbounds, I've Organizations: Service, Business, TechCrunch, Venture, Bay Area, Big Law, Kirkland, Haize Labs, Area, Junior

☆ Meet Sunny Choi, the Estée Lauder director who left corporate America to become an Olympic breaker
▼ + stars: | 2024-08-07 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +2 min

Choi continued breaking while navigating corporate America. Olympics.com reported that breakers' moves fall into three elements: top rock, down rock, and freezes. Top rock refers to moves done while standing, such as a Crossover Step or an Outlaw Two-Step, while down rock refers to the moves done on the floor that we commonly associate with this style of dance. "It adds this element of surprise because the thing is, we don't even know what's going to happen, so how could the audience know what's going to happen?" Choi said breaking is also different from other sports because it doesn't have "a traditional history of having coaches."

Persons: Choi freestyles, Choi, Nathan Congleton, she's Organizations: NBC, Getty

Japan stocks rebounded sharply on Tuesday after the Nikkei 225 and the Topix dropped over 12% in the previous session. The Bank of Japan raising rates to their highest level since 2008 on July 30 caused the yen to strengthen to a seven-month high, pressurizing stocks. Markets globally were also spooked by fears of a U.S. recession stoked by a weaker-than-expected jobs report. Real wages in Japan also grew 1.1% in June compared with a year ago, the first time that wages have risen in 26 months. Strong wage growth offers more room for the Bank of Japan to tighten its monetary policy.

Persons: Topix, Korea’s Kospi, Hong, Australia’s, Brent, Dow Organizations: Nikkei, Bank of, Softbank Group Corp, U.S ., South Korean, Samsung Electronics, chipmaker SK Hynix, China’s CSI, . West Texas, Bank of Japan, Reserve Bank of Australia, Dow, Nasdaq Locations: Japan, Asia, Pacific, Bank of Japan, U.S

The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Japan stocks rebounded sharply on Tuesday after the Nikkei 225 and the Topix dropped over 12% in the previous session. Other Asia-Pacific markets also opened higher. Japan's Nikkei 225 — which saw its largest loss in the previous session since the 1987 Black Monday crash — and the broad-based Topix gained over 10%. The rebound comes after South Korean markets were halted temporarily on Monday after circuit breakers activated.

Persons: Topix, Korea's Kospi, Australia's, Brent Organizations: Nikkei, U.S ., Softbank Group Corp, South, South Korean, Samsung Electronics, chipmaker SK Hynix, . West Texas Locations: Ginza, Tokyo, Japan, Asia, Pacific

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