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Search resuls for: "Business Insider"

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Underwear brand Parade, once valued at $200 million, sold to a lingerie manufacturer for "peanuts." AdvertisementIn August, the Gen Z favorite underwear startup Parade sold to lingerie manufacturer Ariela & Associates International for what one former employee described as "peanuts." Some former staffers said the way founder and ex-CEO Cami Téllez ran Parade contributed to its downfall. Staffers told Business Insider that some of leadership's tactics were particularly harsh, such as announcing employee firings to the entire staff on Slack. In its first year Parade exploded, reaching nearly 100,000 customers and making nearly $9 million in sales, Téllez said.
Persons: Cami, , Cami Téllez, Slack, Kerry Steib, we've, Steib, Téllez, I'm, she'd Organizations: Service, Ariela, Associates International, AAI
AdvertisementEarlier this week, Iman Jalali, a real estate investor in the greater Chicago area, had business in Bolingbrook, Illinois, and decided to take a detour to visit McDonald's new spinoff concept: CosMc's. AdvertisementA menu board in front of an CosMc's restaurant Iman Jalali"It's surprising. There's a spicy queso sandwich and classic McDonald's breakfast options like the Egg McMuffin and Sausage McMuffin with Egg. Joe CiolliA close-up shot of the drone Joe CiolliFrom his car, Jalali asked someone near the drive-through: "Hey, are you open?" The chain did not respond to Business Insider's request for comment on CosMc's menu.
Persons: McDonald's, , Iman Jalali, Jalali, Iman, Joe Ciolli, Ciolli Organizations: Service, Business Locations: Chicago, Bolingbrook , Illinois, Boston, Dutch, Oregon, CosMc's, Illinois
Todd Plummer wrote for Condé Nast Traveler about having to give up his exit-row seat. The agent said it was double booked, and another passenger was traveling with a woman sat across the aisle. AdvertisementA Turkish Airlines passenger said he felt humiliated after giving up his exit-row seat so a couple could sit next to each other. Writing for Condé Nast Traveler, Todd Plummer said he was "delighted" to be assigned the seat with extra legroom, especially given he's 6 feet 2 inches tall. "Something about publicly singling me out as a solo traveler who should move to an inferior seat was disappointing, irritating, and downright humiliating," he wrote.
Persons: Todd Plummer, Condé, Plummer, Organizations: Service, Turkish Airlines Locations: Istanbul, Mount Kilimanjaro
Ruby Franke's husband filed for divorce this week following her arrest on child abuse charges. AdvertisementKevin Franke — the husband of former YouTuber Ruby Franke — filed for divorce from his wife this week, approximately three months after she was arrested and later charged with six counts of child abuse. Kevin Franke's divorce filing comes about three months after Ruby Franke and her business partner Jodi Hildebrandt were arrested and later charged with six felony counts of child abuse each. In the aftermath of her arrest, Ruby Franke's estranged sisters posted videos denouncing her relationship with Hildebrandt and blaming Kevin Franke for failing to intervene. Bonnie Hoellein said it was Kevin Franke's "job to check in on things and he did not."
Persons: Ruby, Kevin Franke, Kevin, , Kevin Franke —, Ruby Franke —, Ruby Franke, Kevin Franke's, Jodi Hildebrandt, Franke, Hildebrandt, Randy Kester, Kester, Ruby Franke's, Bonnie Hoellein Organizations: Service, Business, NBC News, YouTube, Authorities, Police, Morning America, NBC Locations: Utah
Some X users say they're seeing lots of ads for likely fake Louis Vuitton handbags on the platform. After Elon Musk told major advertisers to "go fuck yourself" and "don't advertise" at The New York Times' DealBook summit Wednesday, some X users saying they're seeing lots of ads for Louis Vuitton bags that are probably fakes. "X prohibits the sale of or promoting the sale of counterfeit goods on the platform," according to its counterfeit policy . "Twitter had resorted to letting people place ads for their fake Louis Vuitton bags. According to a X business blog post , Louis Vuitton ran an ad campaign for its collaboration with Japanese artist Yayoi Kusama in January, but it's unclear if it's an ad partner or big spender.
Persons: Louis Vuitton, Elon, , Elon Musk, hasn't, It's, Taylor Fisher, Linda Yaccarino, Monique Pintarelli Organizations: Service, The New York Times, Louis, Twitter, Business, X, ust Locations: Americas
OpenAI investor Vinod Khosla said he still works 80 hours a week during an episode of "The Cerebral Valley Podcast." AdvertisementVinod Khosla, a Silicon Valley investor for almost 40 years, said in the past that he works 80-hour weeks. In 2004, he started his own VC firm he called Khosla Ventures, which backed companies like Instacart, Impossible Foods, and DoorDash. Over the last three months, Khosla Ventures has made multi-million dollar bets on startups in the beverage, insurance, and climate tech space, according to Pitchbook. AdvertisementKhosla didn't immediately respond to Business Insider's request for comment made through Khosla Ventures.
Persons: Vinod Khosla, , Eric Newcomer, Khosla, Peter Thiel, I've, Warren, he's, Kleiner Perkins Caufield, Byers, toils, Elon Musk, Steve Squeri Organizations: Service, Khosla Ventures, Foods, Tesla, American Express, Financial Times Locations: Silicon, OpenAI
Bill Ackman thinks advertisers, including Disney, are treating Elon Musk's X unfairly. Ackman defended Musk, saying the X owner did not have "antisemitic intent." Until a share of X can be distributed to each American, Ackman thinks should be grateful Musk owns X. AdvertisementOnce again, hedge fund manager Bill Ackman is defending Elon Musk and his leadership of X. AdvertisementIn his post, Ackman again defended Musk, saying the X owner did not have "antisemitic intent."
Persons: Bill Ackman, Elon Musk's, Ackman, Musk, , Elon Musk, that's, @andrewrsorkin, @tiktok_us @instagram, Rtrv4WgEoK, Bob Iger, Instagram Organizations: Disney, Service, Elon, Apple, IBM, Media, New York Times, Facebook, Defamation League, Center, Musk, Business
Some Amazon Web Services employees are concerned about a large number of departures among its senior engineers. At last month's internal staff meeting for AWS, VP of infrastructure services Prasad Kalyanaraman answered an employee question about turnover among senior engineers, according to a transcript of the meeting obtained by Business Insider. It is one of the many challenges AWS employees are currently dealing with, alongside slowing growth and a more bureaucratic culture, as BI previously reported . As we've previously told Insider, attrition among AWS employees has declined in recent years and to suggest anything otherwise is inaccurate. Amazon unveiled Amazon Q this week, an AI chatbot for businesses, and previously launched CodeWhisperer, a coding assistant for developers.
Persons: Prasad Kalyanaraman, Kalyanaraman, Rob Munoz, we've, Prasad, Munoz, Peter DeSantis, DeSantis, Charlie Bell, Rachel Thornton, Chris Vonderhaar Organizations: Web Services, Business, Amazon's, AWS
Startups are testing ways to help creators connect with fans and make money. Business Insider is highlighting 11 community-focused startups, from Patreon to Discord. "If you want to become a sustainable creator, you can't just rely on AdSense anymore," Jim Louderback, creator-economy expert and former CEO of VidCon, told Business Insider. Luckily for them, there's an entire ecosystem of creator-economy and consumer-tech startups with the mission to do just that. This story is available exclusively to Business Insider subscribers.
Persons: Jim Louderback, Organizations: Business Locations: Patreon
Loving relationships with friends, family, and romantic partners are known to be good for mental health. Benefits include living longer, dulling physical pain, and more. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . (Just look at 99-year-old former President Jimmy Carter, who was married to his late wife Rosalynn for 77 years.)
Persons: , Robert Waldinger, Jimmy Carter, Rosalynn, Waldinger Organizations: Service, Harvard, Development, Business
And these rising stars of the VC world are at the forefront of the trend, with many adopting various wellness routines. Business Insider asked this year's rising stars to name their best wellness hack that keeps them at the top of their game. Find ways to get movingMany rising stars in VC have a relationship with exercise that goes beyond an obligatory hour at the gym or a forced jog around the block. "It's amazing how taking just 10 minutes out of my day helps set the pace and structure for the rest of the day so well," she told Business Insider. she told Business Insider.
Persons: Base10, Justin Williams, Fiona Huang, Huang, Laura Bock, Amanda Herson, Taylor Brandt, Luci Fonseca, It's, Vivien Ho, VCs, journaling, Ashley Paston, Ahmed Mirza, who's, Amber Atherton, Brandon Hoffman, Tobi Coker, Wellington Management's Javier Grevely, Natalie Borowski, I've Organizations: Business, Seae Ventures, Ventures, Headline, Base10 Investors, Meritech, Sunset Ventures Locations: New York, Eastern, Brooklyn
Anne Hathaway and Thomasin McKenzie star in the new drama "Eileen," based on the best-selling novel. For Hathaway, the key to understanding the motivations of her mysterious character Rebecca lies in how she weaponizes her femininity. Anne Hathaway as Rebecca Saint John in "Eileen." Jeong ParkAccording to Hathaway, there is a lot more at play during Rebecca and Eileen's kiss than just attraction. Anne Hathaway and Thomasin McKenzie in "Eileen."
Persons: Anne Hathaway, Thomasin McKenzie, Eileen, Hathaway, , Rebecca Saint John, Rebecca, , — she's, Jeong, Eileen's, McKenzie, hasn't Organizations: Service Locations: New England
In a company tradition, employees at opening warehouses guess their location's first day sales. AdvertisementNovember was a busy month for Costco, with 10 new locations opening up during the month, and seven of those within a ten-day span. A year later I am on the marketing training team and part of my job is traveling to new warehouse openings. This is my first official new warehouse opening and I am so excited to be part of this opening in Newark, California. I love new warehouse openings because there are items that we do not carry all the time, and some warehouse traditions as well.
Persons: , you've, Maggie Perkins, Perkins, Maggie Perkins 🍉, dentities, ure, ince, ostco, ike, alf o Organizations: Service, Costco Locations: Newark , California, rize
George Santos sat down with a group of reporters the day before he was expelled. "I was an opposer of gay marriage," Santos said in response to a question about his relationships with more conservative House Republicans, according to audio obtained by Business Insider. AdvertisementIt just so happened to be the two-year anniversary of his own gay marriage to his husband, Matt. ❤️ — George Santos (@MrSantosNY) November 30, 2023"I thought it should have been a civil union," said Santos, referring to the alternative to fully-recognized marriage that some proposed prior to the Supreme Court's legalization of same-sex marriage in 2015. "I'm not saying I oppose just gay marriage.
Persons: George Santos, , George Santos's, Santos, Matt, uoVTuVSTWp — George Santos, I'm, Marjorie Taylor Greene's, Ron DeSantis Organizations: Service, Republican, Capitol, , House Republicans, Business, Rep, Florida Parental Locations: Florida
Here's what happens to his staff, and when a special election could take place. A February special election on Long Island — with Democrats likely favored to winUnder New York state law, Gov. Kathy Hochul will have 10 days to call a special election, which must take place between 70 and 80 days after that. That means a special election will likely occur sometime in February 2024. If a special election takes place, nominees would be chosen by party committee members, rather than voters.
Persons: George Santos, , Santos, aren't, he's, Daniel Schuman, Bill Clark, hasn't, Kathy Hochul, Joe Biden Organizations: Capitol, Service, Congress, New York Republican, Representatives, Popvox Foundation, Getty, Business, New York Times, US Association, Former, New Locations: Long, New York
A new lawsuit alleges that an American Airlines flight attendant hid a camera inside a plane bathroom. The suit alleges that the flight attendant used a cell phone to film a 14-year-old in the bathroom. AdvertisementA lawsuit filed on Friday alleges that an American Airlines flight attendant used a hidden bathroom cell phone to film a 14-year-old girl and that the airline gave the staffer enough time to "destroy" any "incriminating evidence." The lawsuit alleges that the teen's father went after the flight attendant who led his daughter to the first-class bathroom and demanded to see his phone. I have nothing to do with this," the employee told the dad, the lawsuit alleges.
Persons: , Jane Doe, begrudgingly, Erin Reding, Reding, negligently, haven't Organizations: American Airlines, Service, Business, North Carolina, American Airlines Group, FBI, Airlines Locations: Charlotte , North Carolina, Boston , Massachusetts, Charlotte, Boston
Rep. Nancy Mace criticized the expulsion of George Santos, saying it's about "power." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIn January, Republican Rep. Nancy Mace of South Carolina made a big show of calling for Rep. George Santos to resign. "I'm not gonna have anything to do with somebody that can't be trusted, and clearly defrauded the voters of New York," Mace told Business Insider in January. — Rep. Nancy Mace (@RepNancyMace) December 1, 2023Over the course of her nearly three years in Congress, Mace has definitely a reputation for flip-flopping.
Persons: Nancy Mace, George Santos, , Mace, Donald Trump, she's, Michael B, Moore Organizations: South, Service, Republican, Rep, New York Republican, , Capitol, Democrat Locations: South Carolina, New York, NY
A British woman and her husband won more than $180 million in a lottery in 2012. AdvertisementGillian Bayford and her then-husband won the equivalent of $187.5 million in a EuroMillions lottery in August 2012. Bayford told The Sun that she gave roughly £20 million, about $25 million, to her family members but has since severed ties with them, even missing out on an invitation to her brother's wedding. Despite offering her family financial help, Bayford told the newspaper that relationships dramatically deteriorated. Speaking to The Sun about her family, Bayford said: "They're rubbing people's noses in it by flashing their cash, which I think is downright nasty."
Persons: wasn't, Gillian Bayford, Bayford, Bayford's, Brenda McCulloch, it's, It's, Adrian Bayford, Emily Irwin Organizations: Sun, The Times, Daily, Wells Locations: British, Scotland, London, Her
World leaders are gathering in the UAE for the COP28 climate change summit. But President Joe Biden and Xi Jinping of China will be absent. But the leaders of the world's biggest polluting nations — President Joe Biden and China's leader Xi Jinping — will be conspicuous by their absence. AdvertisementA man walks past a COP28 sign during the United Nations climate summit in Dubai on December 1, 2023. Xi and Biden are doing little to signal their commitment to sharing the burden of reducing the climate crisis equally by not attending the summit, say critics.
Persons: Joe Biden, Xi, King Charles, Pope Francis, Xi Jinping, LUDOVIC MARIN, Biden, Kamala Harris, John Kerry, Xie Zhenhua, Tom Evans, Evans, Sultan Al Jaber, Kerry Organizations: Service, United Arab Emirates, White, Sunday, US, Democratic, APEC, BBC, Climate, Business, Sierra Club Locations: UAE, China, United Nations, Dubai, Biden's, Xi, San Francisco
There is growing evidence that artificial intelligence tools such as ChatGPT can make you more efficient and capable at work. And the effect will be particularly noticeable if no one else in the company is using AI in this way. All said that outsourcing time-consuming, small jobs to AI tools freed up their time. AI at work still needs careful handlingThere are obvious caveats to using AI to do your work for you. Some companies also have specific rules for AI tools due to fears around copyright or data security.
Persons: ChatGPT, , OpenAI's, techies, Google's, Matt Calkins, Appian, It's, Shakespeare, Shona Ghosh Organizations: Service, Harvard Business School, Boston Consulting, Developers, Microsoft, Workers
Israel has been using AI to help it figure out which targets to strike in Gaza. Now several years old, the operation was created to increase the number of available Hamas targets. The Israeli military said that in the hours since, it has already struck over 200 targets in the Gaza Strip. It first began operating in 2019 as a way to find and identify more Hamas targets in the Gaza Strip. Photo by Fadi Alwhidi/Anadolu via Getty ImagesIt's unclear exactly what data and intelligence goes into the AI system.
Persons: , KHATIB, MENAHEM KAHANA, Fadi Alwhidi, isn't, Alisa Kaff Organizations: Service, Israel Defense Forces, Getty, IDF, Guardian, Islamic, Pentagon, US State Department, Israeli Air Force Locations: Israel, Gaza, Rafah, AFP, Aviv, Anadolu, Ukraine, China, Screengrab
One group, however, continues to spend on X promotions: political campaigns. AdvertisementAccounting for political ads promoting the accounts of political and other cause-based groups, X has brought in more than $4.5 million. According to the data, groups have spent just over $900,000 promoting Democratic accounts compared to the approximately $840,000 on Republican ones. AdvertisementFor example, more than $330,000 has been spent promoting GOP presidential candidate and Florida Gov. Democrats tend to spend more and spend earlier on digital, according to a Democratic campaign strategist.
Persons: Elon Musk, , it's, Musk, he's, they've, Ron DeSantis, Biden, Montana Sen, Jon Tester who's, Ruben Gallego, who'll, Sen, Kyrsten Sinema, Kari Lake, Linda Yaccarino, Adam Schiff, Katie Porter, Dianne Feinstein, Schiff, Porter, Dan Goldman, Goldman, Porter's Organizations: Service, Elon, Twitter, New York Times, Business, Democratic, Republican, Florida Gov, Arizona Rep, House Democrats, X, Politico, Hamas Locations: Montana, Israel
A 71-year-old woman died during a 'slapping therapy' workshop in 2016. The alternative healer who ran the workshop has now been charged with manslaughter. The woman attended the workshop to help with her diabetes, her son said. AdvertisementAn alternative healer has been charged with manslaughter by gross negligence after a woman died in one of his 'slapping therapy' workshops. According to BBC News, Carr-Gomm attended one of Xiao's slapping therapy workshops held at a hotel.
Persons: , Xiao, Danielle Carr, Gomm, Carr, Matthew Carr, lajin Organizations: Service, . Wiltshire Police, BBC News, Guardian, Associated Press, Pailala Institute Locations: Cloudbreak , California, Australia, Seend, England, California
Millennials said in a recent survey that they need $525,000 a year to be happy. It's likely due to high debt loads millennials hold, along with childcare and housing costs. The average respondent said they think they need a $284,167 annual salary to be happy, and for millennials, that amount was much higher at $525,000. As Business Insider recently reported, millennials' financial well-being has plummeted, according to Morning Consult's latest iteration of its well-being index. Big debt loads are a contributor to millennials' financial well-being right now.
Persons: Millennials, , Gen Z, Gen X, millennials, Fannie Mae, it's, Jimmy Gomez, Joe Biden Organizations: Service, Federal Reserve, Consumer Financial, Federal, New York Federal Reserve, of Labor Statistics, National Association of Realtors
A 27-year-old who briefly served as Kris Jenner's personal assistant has gone viral sharing her experiences. Madeline Steitz has since turned her focus to launching her own natural sweetener brand. AdvertisementA 27-year-old vegan baker and entrepreneur went viral last year on TikTok discussing her brief stint as Kris Jenner's personal assistant, saying the job helped her launch her own eponymous sweetener brand. "Kris doesn't do anything that's not strategic when it comes to operating business, and she's an absolute genius." After leaving, Steitz turned her attention to Maddie's Natural Sweeter, which she'd conceptualized in January 2022 and formally launched in October.
Persons: Kris Jenner's, Madeline Steitz, Steitz, , Robbie Page, Jenner, Kylie Cosmetics, Kim Kardashian's Skims, Kendall, Kris doesn't, Abbott Kinney, Louis Cole, Cole, Peter Thiel's, she'd, Kris Organizations: Service, Business, TikTok, Abbott, LinkedIn, Thiel Capital, Jenner Communications Locations: Los Angeles, Cashmere , Washington
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