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☆ Here's what 5 CEOs learned by becoming undercover bosses
▼ + stars: | 2024-11-21 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

Dara Khosrowshahi, CEO of Uber, drove and delivered for Uber Eats in 2022Dara Khosrowshahi is the CEO of Uber. TASOS KATOPODIS/Getty ImagesUber CEO Dara Khosrowshahi spent time picking up shifts as an Uber Eats delivery driver on an e-bike and an Uber driver for a spell in 2022. While making deliveries on an e-bike, he encountered "tip-baiting," where customers offer a big tip but reduce it on delivery. "We didn't take pride in the driver product because very few of us drove," he said. It is a point of pride for employees now — when they drive they get a little badge on their corporate profile."

Persons: Dara Khosrowshahi, Uber, TASOS KATOPODIS, Dave K, Khosrowshahi Organizations: Tesla, Wall Street Journal Locations: San Francisco

☆ Evercore ISI names stocks that could win under either Trump or Harris win
▼ + stars: | 2024-10-30 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

The outcome of this year's presidential election could bode well for different parts of the stock market, according to Evercore ISI. "Trump will be positive for US-only retailers (which have higher tax rates vs retailers with int'l exposure)," Evercore ISI said. Under a Harris win, these stocks could benefit, per Evercore ISI: Evercore ISI forecasts Harris winners to be renewable energy and EV companies, as that administration is expected to maintain the Inflation Reduction Act and other clean energy policies. Discount retailers such as Burlington and Ross Stores are another likely beneficiary of a Democratic win, according to Evercore ISI. A slew of tech companies, namely Apple , Dell and Hewlett Packard Enterprise , could fare well with a Harris win given the risk of lower tariffs.

Persons: bode, Kamala Harris, Donald Trump, Emanuel, Halliburton, Trump, ULTA, Dave Kimbell, Tesla, Elon Musk's, Harris, BURL, LSEG, Ross, Biden Organizations: ISI, Democratic, Republican, NBC, Trump, Halliburton, Exxon Mobil, Exxon, Care, NextEra, Harris . Discount, Ross Stores, Burlington, Apple, Dell, Hewlett Packard Enterprise, Palo Alto Networks Locations: U.S, China, Burlington

☆ How things went from bad to worse for Jeep-owner Stellantis
▼ + stars: | 2024-10-24 | by ( Nora Naughton | ) www.businessinsider.com time to read: +6 min

After months of that mounting pressure — plus an investor lawsuit — Stellantis confirmed that Tavares would retire after his contract expires in early 2026. A Stellantis spokesperson said the investor lawsuit is without merit, and the company plans to "vigorously defend itself." "If a customer has an older Stellantis product, the odds of buying a new one are very, very diminished, especially compared to the rest of the industry," Drury said. Stellantis, in return, has filed a lawsuit accusing the union of violating the contract with its strike authorization votes. AdvertisementAfter a historic strike at all three Detroit car companies last fall, the UAW won the right to strike over product commitments.

Persons: Carlos Tavares, Tavares, —, Stellantis, — Stellantis, Kevin Farrish, Dave Kelleher, Kelleher, Jeep, Dodge, Ivan Drury, Edmunds, Drury, Carlos, Shawn Fain Organizations: Investors, Service, Fiat Chrysler Automobiles, France's PSA Groupe, United Auto Workers, UAW, Chrysler, Dodge, Stellantis, Renegade, Cherokees, Hyundai, Cox Automotive, Detroit, Cherokee Locations: North America, Portuguese, Pennsylvania, Illinois

But consciously or unconsciously, no consumer choice says "us vs. them" more than what car we choose to drive. The most Republican vehicle in America? The Jeep Wrangler. It began with the Jeep Wrangler, the brand's most iconic model. How purple is your car brand?

Persons: Donald Trump, Joe Biden, Trump, Biden, MAGA, Ivan Drury, Edmunds, Jeep, Dave Kelleher, Kelleher, they've, Lincoln, Mark Healy, Nora Naughton, BI's, Andrew Thompson Organizations: Republican, Democratic, Toyota, VW, Republicans, Army, Stellantis, Jeep, Wrangler, Toledo Jeep Fest, Flipturn Creative Studios Locations: America, Hoofddorp , Netherlands, Pennsylvania, Moab, Appalachia

A Florida man accused of tying his dog to a fence and abandoning it as Hurricane Milton approached the state is now charged with aggravated animal cruelty, authorities announced Tuesday. “In Hillsborough County, we take animal cruelty very seriously,” Lopez said in the statement. Trooper was facing "sure death" when he the trooper found him, Lopez said at a news conference Tuesday alongside Gov. NBC affiliate WFLA of Tampa reported that Garcia went to the Hillsborough County Animal Shelter on Friday looking to claim his dog, the highway patrol said in an affidavit. His information was shared with the sheriff's office in Leon County, where the dog was taken.

Persons: Milton, Giovanny Aldama Garcia, Ruskin, Suzy Lopez, Garcia, “, ” Lopez, ”, Lopez, doesn't, Dave Kerner, Kerner, Trooper, Ron DeSantis, WFLA Organizations: Florida Department of Highway Safety, Motor Vehicles, Thirteenth Circuit, Hillsborough County Sheriff's, Motor Vehicles Department, Patrol, Gov, NBC Locations: Florida, Hillsborough County, Tampa, Georgia, Hillsborough, Leon County

☆ Ulta Beauty shares fall as company sees 'headwinds' in beauty industry
▼ + stars: | 2024-10-16 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +2 min

An Ulta Beauty store in New York, US, on Monday, Aug. 19, 2024. Ulta Beauty shares slumped on Wednesday morning, as the company said it sees "headwinds" and tougher competition in the beauty industry. As it hosted its investor day near its Chicago headquarters on Wednesday, the specialty retailer stuck by its forecast for this fiscal year. In his opening remarks at the investor day, CEO Dave Kimbell said this year "has been more challenging than planned." The investor day will include presentations on Ulta's strategy and a question-and-answer session with investors.

Persons: Ulta, Dave Kimbell, Kimbell Locations: New York, Chicago

☆ ‘Never a boring moment:’ The couple who left Canada to live in former Soviet Central Asia
▼ + stars: | 2024-10-03 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +10 min

New adventureThe couple lived in Nukus, the sixth-largest city in Uzbekistan, for four years. “It’s difficult sometimes, to get back to normal living,” Zora says of their desire to keep moving from place to place. But it’s also a wonderful city with beautiful architecture.”When asked of her favorite thing about living in Uzbekistan, Zora says that this was undoubtedly her students. When asked what she missed about living in Canada, Zora confesses that going to see blockbuster movies that aren’t dubbed over was high up there on the list. Although they will be returning to Canada briefly, Zora says they have no intention of remaining there permanently.

Persons: Zora, Dave Keffer, ”, they’d, “, ” Zora, Dave, Zora Keffer, “ It’s, “ There’s, can’t, it’s, Nukus, Zora Keffer Zora, you’ve, Khiva, ” Zora’s, “ You’ve, “ That’s, we’ll Organizations: CNN, United, United Arab Emirates, Uzbekistan –, ”, Google Locations: United Arab, Canada, Central Asia, Kazakhstan, Uzbekistan, Soviet, West, Czechoslovakia, Nukus, Kuwait, mull, – Nukus, Russia, Ukraine, Tashkent, Samarkand, Bukhara, Khiva, North America, “

☆ Boomers Regret Not Taking Sick Days, Time Off From Work Like Gen Z
▼ + stars: | 2024-09-25 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

"I was sort of raised that you do a hard day's work and you're honest, and things will work out for you — it's a two-way street between you and your employer," he says. After publishing the article about Gen Z's predisposition to take time away, I got a lot of feedback from older generations. Some of it was predictable "the kids these days" complaints lamenting that nobody wants to work nowadays, that work ethic has disappeared, etc. "When you work for yourself, you're working for one of the biggest jerks you've ever worked for," he said. None of the boomers I talked to was in favor of people calling out of work willy-nilly.

Persons: Ron Sherman, Sherman, Gen, youngs, wasn't, Zoomers, who's, they're, It's, millennials, David Johnston, Johnston, You've, he'd, There's, Dave Kotwitz, Kotwitz, Charlie Stuart, He'd, David Vequist, Paul Miola, Miola, boomer, Xers, Chris Woods, they'd, Woods, that's, willy, nilly, it's, you'd, Emily Stewart Organizations: American, Silvis, Business Locations: Wisconsin, Texas, Charlotte , North Carolina

☆ I tried Alex Guarnaschelli, Rachael Ray, and Paula Deen's recipes for deviled eggs. The best one was also the cheapest to make.
▼ + stars: | 2024-09-19 | by ( Paige Bennett | ) www.businessinsider.com time to read: 1 min

Alex Guarnaschelli's deviled-egg recipe called for basic ingredients. Dave Kotinsky/Getty Images for NYCWFFGuarnaschelli's recipe is similar to the classic eggs I grew up eating. I had most of the ingredients needed in my kitchen already, so I knew I could whip these up in no time. The ingredients included eggs, mayonnaise, mustard, Worcestershire sauce, white-wine vinegar, paprika, lemon juice, hot sauce, and salt. Since the ingredients are simple, these are also the cheapest eggs I made.

Persons: Alex Guarnaschelli's, Alex Guarnaschelli, Dave Kotinsky Locations: Worcestershire

☆ MrBeast is in a tough spot. But PR experts say an aggressive 'superlawyer' isn't the fix he needs.
▼ + stars: | 2024-08-29 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

DailyMail.com reported that he hired Alex Spiro, a $2,000-an-hour attorney who has represented Alec Baldwin and Elon Musk. He also claimed Donaldson hired a registered sex offender to be part of his crew. Related storiesHiring a 'superlawyer'In that context, he hired Spiro, who has represented Elon Musk, Megan Thee Stallion, and Alec Baldwin. AdvertisementHowever, experts told BI that if Donaldson had enlisted Spiro, it may just add fuel to the fire. Dave Kotinsky/Getty Images for MrBeast BurgerTrust is vitalTrust is hugely important between influencers and their fans, Perkes said.

Persons: —, Jimmy Donaldson —, Donaldson, DailyMail.com, Alex Spiro, Alec Baldwin, Elon Musk, Quinn Emanuel Urquhart, Sullivan, he's, Ava Tyson, Ava, MrBeast, Dawson French, Spiro, Megan Thee, Haddy, Jemal Countess, Laura Perkes, Perkes, Kellie Whitehead, Whitehead, Folivi, it's, Dave Kotinsky, they've, they're, didn't Organizations: Service, Business, YouTube, The New York Times, Daily, Elon, MrBeast Burger Locations: French, New Jersey

☆ Ulta misses Wall Street expectations first time in 4 years, trims guidance after quarterly sales decline
▼ + stars: | 2024-08-29 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +5 min

An Ulta Beauty store in New York, US, on Monday, Aug. 19, 2024. Ulta Beauty shares sank 7% in extended trading Thursday as the company fell short of second-quarter expectations and trimmed its full-year guidance after a decline in same-store sales during the most recent period. The company now forecasts full-year same-store sales in a range of flat to 2% down, compared with prior guidance of 2% to 3% growth. Earlier this month, Warren Buffet's Berkshire Hathaway disclosed a $266 million stake in the beauty retailer, sending Ulta shares surging. Clarification: This story has been updated to clarify that Ulta Beauty forecast full-year earnings per share of $22.60 to $23.50, down from a previous forecast of $25.20 to $26.

Persons: Dave Kimbell, Kimbell, Paula Oyibo, Ulta, Warren Buffet's Berkshire Hathaway Organizations: LSEG Locations: New York

☆ How Amazon's massive TV deal with YouTube's top star turned sour
▼ + stars: | 2024-08-09 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

"Beast Games" was part of a celebrity-studded slate Amazon presented at its TV upfronts debut in May. Despite being a dominant spender on entertainment content, Prime Video has faced questions about its popularity with viewers. A second Amazon insider said producers were already talking about making a Fyre Fest-like documentary about "Beast Games." Advertisement"All you do is go through worst-case scenarios and work backwards from there," the second Amazon insider said. But Mike Hopkins, SVP of Prime Video and Amazon MGM Studios, is all over the situation, two Amazon insiders said.

Persons: —, Jimmy Donaldson, it's, Jennifer Salke, Jimmy, Salke, Donaldson —, Donaldson, Dave Kotinsky, Burger, Donaldson's, Matthew Hiltzik, couldn't, Puck, Mike Hopkins Organizations: Service, YouTube's, Amazon, Amazon MGM Studios, Business, Beast, New York Times, Times, Prime, Ampere Analysis, Reuters Locations: New Jersey, Vegas

We've got you covered if you're looking for how to get tickets to The Killers' 2024 tour. The Killers 2024 tour scheduleAs The Killers embark on the third and final leg of their 2024 tour, the show comes to North America for the last 23 concerts. How to buy tickets for The Killers 2024 concert tourYou can buy standard original tickets for The Killers' 2024 concert tour on Ticketmaster or the respective festival sites for the band's music festival appearances. However, the quantity of remaining original tickets is limited, given the high demand for The Killers' 2024 concert series. Tickets for The Killers' Rebel Diamond Tour and 2024 Las Vegas residency dates are also available through verified resale ticket vendors such as StubHub and Vivid Seats.

Persons: Brandon Flowers, Ronnie Vannucci Jr, Dave Keuning, We've, Travis, Here's Organizations: Business, North America, Ticketmaster, Las, Vivid, North Locations: Europe, North America, Japan, North, Vegas, Caesar's, Chicago, United States, Canada, Mexico, Monterrey, San Francisco, Camden, NJ, Columbia, Toronto, ON, York City, NY, Ocean, Guadalajara, Mexico City, Las Vegas, Camden , New Jersey

☆ Big Tech's phony Trumpism
▼ + stars: | 2024-07-22 | by ( Adam Rogers | ) www.businessinsider.com time to read: +9 min

Before Andreessen and Horowitz formed their venture-capital firm in 2009, Andreessen was an incisive observer of Silicon Valley. Big Andreesen (meaning the current bloated billionaire model) also contradicts Little Andreessen (the earlier, leaner blogger) on the issue of regulation. The reason, he now claims, is that government used to leave Silicon Valley alone. He and his fellow Silicon Valley investor-class billionaires have been sliding rightward for years. It's that I didn't see that this is where Silicon Valley was always headed.

Persons: Marc Andreessen, Donald Trump, That's, Andreessen, Bill Clinton, Hillary, Ben Horowitz, Elon Musk, Larry Ellison —, Trump, —, I've, Horowitz, It's, America's, Biden, Barack Obama, Joe Biden, they're, Dave Karpf, Hillary Clinton, we've Organizations: Democratic, Little Tech, Tech, Government, America, Justice Department, Microsoft, Trump, Little, Bloomberg Technology Conference, Netscape Locations: Silicon Valley, Silicon

☆ Judy Garland and ‘The Trolley Song’: Why an 80-year-old performance speaks to today’s LGBTQ community
▼ + stars: | 2024-06-26 | by ( Scottie Andrew | Sydney Bishop | ) edition.cnn.com time to read: +9 min

“The Trolley Song,” a second-act standout from the 1944 movie musical “Meet Me in St. Louis,” was sung by Judy Garland in striking Technicolor. And yet it has found new life online nearly 80 years later as an unlikely anthem for LGBTQ Pride. “Happy pride month (sic) to Judy Garland in the trolley song. Kelleher likened it to Cher’s 1998 autotune fantasia “Believe” but “somehow even more gay.”Like Cher’s hit, “The Trolley Song” is dripping in artifice. “The Trolley Song” has been adopted by LGBTQ people since Garland first started singing it in concert.

Persons: ”, Louis, Judy Garland, Sabrina Carpenter’s, Oz, Dave Karger, Patrick Kelleher, Garland, ” Kelleher, “, huff, Esther Smith, ‘, clang ’, ’, zing ’, Paige Turner, … ” Turner, ” Paige Turner, Turner, Kelleher, Louis ”, Manuel Betancourt, “ Judy, Rufus Wainwright, –, Judy, Rufus, Wainwright, ” Wainwright, Garland’s, ” Karger, Dee Michel, Dorothy, ’ ”, Michel, ” Michel, Jim Bailey, Princess Diana, King Charles, Liza Minnelli, It’s, ” Turner, “ Gay Organizations: CNN, LGBTQ, Turner, TCM, Warner Bros ., Pride, Broadway, Carnegie Hall, Capitol Studios, Gay Boys Locations: St, Ireland, Missouri, New York, London, Los Angeles

☆ Andy Sieg Could Be Citi's Next CEO If He Can Fix a Broken Wealth Business
▼ + stars: | 2024-06-17 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +23 min

Andy Sieg shocked the finance industry last spring when he left Merrill Wealth Management. AdvertisementBank of America analyst Ebrahim Poonawala recently argued that Citi should consider selling the wealth business if it cannot improve its profitability. AdvertisementWhile Sieg has told Citi managing directors to manage up less, a former Merrill executive who worked under him said Sieg was adept at it. Former Citi managing directorAdvertisementVahid's position will be taken by Kris Bitterly, the global head of investment products, in September. Mirroring tactics that supercharged Merrill, Sieg has changed Citi Wealth's compensation scheme to prioritize asset gathering, to the consternation of several employees.

Persons: Andy Sieg, Kevin Crain, Sieg, Crain, Jane Fraser, Fraser, Morgan Stanley, Merrill, Smith Barney, Ebrahim Poonawala, Wells, Mike Mayo, Brian Moynihan, Alex Wong, Moynihan, Fraser isn't, Mayo, anoint, Jamie Dimon, Jennifer Piepszak, Marianne Lake, Viswas Raghavan, Jane, He'd, George H, Bush, Bill Schreyer, Merrill Lynch, Dave Komansky, David Komansky, YOSHIKAZU TSUNO, Phil, Doug, Lord Abbett, David Poole, Citi's, there's, That's, Poole, Glenn Schorr, Jim O'Donnell, O'Donnell, Sieg's, Andy Sieg's, Naz Vahid, David Bailin, Bailin, Naz, Phil Waxelbaum, Vahid, Kris, Don Plaus, Keith Glenfield, Dawn Nordberg, Edward Jones, They're, Ernst & Young, he's Organizations: Merrill Wealth Management, Business, Citi, Bank of America, Morgan, BI, Merrill, Bank, Citigroup, JPMorgan, Harvard, Penn State, JPMorgan Advisors, United Arab, Citi . Citi, Work, Citi lifer, Former Citi, North, Citi Alliance, Citi Wealth, Bloomberg, Ernst &, Citizens Bank Locations: Sieg, Wells Fargo, Merrill, Bellefonte , Pennsylvania, Poole, Singapore, United Arab Emirates, Mexico, London, Aventura , Florida, Asia, Manhattan, North America

☆ Jim Cramer: Start believing in the Gap turnaround, but avoid this falling tech stock
▼ + stars: | 2024-05-31 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. The stock got way ahead of itself," Jim Cramer said. People better start believing," Cramer said, noting that prior to earnings the stock had largely been under pressure since late March. Ulta shares have been struggling since April after CEO David Kimbell warned about slowing demand for beauty products at an investor event. The Investing Club owns cybersecurity peer Palo Alto Networks .

Persons: Jim Cramer's, Dell, Jim Cramer, MongoDB, Cramer, Richard Dickson, David Kimbell, Dave Kimbell, Dave, Estee Lauder, Zscaler Organizations: CNBC, Club, Dell Technologies, Navy, Wall, CNBC Investing Club, Investing, Palo Alto Networks Locations: Banana Republic, That's

☆ Ulta Beauty lowers guidance after first-quarter sales slowdown
▼ + stars: | 2024-05-30 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

Ulta Beauty reported on Thursday fiscal first-quarter earnings that showed the effects of a slowdown its CEO had previously warned about. Ulta reported that it is now expecting net sales in the range of $11.5 billion to $11.6 billion and comparable sales in the range of 2% to 3%. The company previously guided to full-year net sales of $11.7 billion to $11.8 billion and comparable sales of 4% to 5%. Ulta CEO Dave Kimbell in April warned of cooling demand in the beauty category at an investor conference. AI-powered beauty company Oddity Tech recently told CNBC the industry isn't seeing so much a slowdown, but a shift.

Persons: Ulta, Dave Kimbell, Kimbell, Lindsay Drucker Mann, Baird, Jane Hali Organizations: LSEG, Tech, CNBC, Associates

☆ E.l.f. Beauty posts first $1 billion year, but shares fall on weaker-than-expected guidance
▼ + stars: | 2024-05-22 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked 77%, but the retailer's shares fell as it said it expects its growth to slow. Sales rose to $321.1 million, up about 71% from $187.4 million a year earlier. For the full year, the company's sales grew to $1.02 billion, an increase of 77% from the year-ago period. Its guidance reflects that sentiment, but even so, the company expects to grow at a slower pace than Wall Street anticipated. expects net sales to be between $1.23 billion and $1.25 billion, which would be an increase of 20% to 22%.

Persons: Tarang Amin, Dave Kimbell, Estée Lauder, Coty, Kimbell, JPMorgan Chase, Read Organizations: LSEG, Walmart, Target, Wall, JPMorgan Locations: E.l.f

☆ Oddity Tech says it's bucking the beauty slowdown Ulta warned about
▼ + stars: | 2024-05-07 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

As Ulta Beauty says it expects a slowdown in retail's most resilient category, an upstart says it is bucking the trend. Excluding one-time items, Oddity reported earnings of 61 cents per share. Analysts had expected revenue of $186.5 million and earnings per share of 56 cents, according to LSEG. Oddity believes beauty and wellness products are best sold online, and that consumers will not need to visit beauty shops such as Ulta and Sephora if product selection can be improved. Last month, Ulta Beauty CEO Dave Kimbell warned that demand for beauty products was cooling, sending its stock down 15% that day and hitting shares of e.l.f.

Persons: Dave Kimbell, Estée Lauder, Coty, Kimbell, JPMorgan Chase, Lindsay Drucker Mann, Drucker Mann Organizations: LSEG, Nasdaq, JPMorgan, CNBC

☆ 'Nobody's getting wealthy on Social Security,' lawmaker says. The November election may influence the program's future
▼ + stars: | 2024-04-27 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Protect Social Security!" In 1983, when the last major Social Security reforms were enacted, there were no benefit enhancements, Larson argued. Today, annual earnings of up to $168,600 are subject to a 6.2% payroll tax toward Social Security paid by both workers and employers. Larson's plan also calls for closing loopholes that allow wealthy taxpayers to avoid paying Social Security taxes on other income. Larson said the public is well aware that Social Security benefits are theirs and they've paid for them.

Persons: Kean, Dave Kotinsky, Larson, they've, John Larson, Conn, Mark Wilson, Nancy Altman, Drew Ferguson, Ferguson, Jodey Arrington, Charles Blahous, Blahous Organizations: Getty, hasn't, Social Security, Security, Social, Capitol, Democratic, Republican, Republican House, Republicans, George Mason University Locations: Bridgewater , New Jersey, Jan, Georgia, Texas

☆ Brooke Shields says she's glad Tom Cruise publicly criticized her antidepressant use — he accidentally brought awareness to under-discussed mental health struggles
▼ + stars: | 2024-04-10 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

In 2005, Tom Cruise criticized Brooke Shields' use of antidepressants for postpartum depression. At the 2024 PHM HealthFront, Brooke Shields said his comments "backfired." AdvertisementIn one of the most controversial moments of Tom Cruise's career, the actor criticized Brooke Shields for talking about her use of antidepressants to treat postpartum depression. Almost 20 years later, Shields says Cruise accidentally raised awareness around the issue and drove people to fight for better treatment. Desiree Navarro/Stringer/Getty ImagesCruise initially called Brooke Shields "irresponsible" for using antidepressants in a 2005 "Access Hollywood" interview.

Persons: Tom Cruise, Brooke Shields, HealthFront, —, Tom Cruise's, Shields, Cruise, Rowan, Desiree Navarro, Stringer, Matt Lauer, Cruise's, Rowan Francis Henchy, Grier Hammond Henchy, Dave Kotinsky, weren't, Mark Wilson, who's Organizations: Service, NBC, Getty, Scientology Locations: PHM

☆ CEO explains why E.l.f Beauty launched an app for Apple's Vision Pro
▼ + stars: | 2024-04-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

E.l.f Beauty CEO Tarang Amin told CNBC's Jim Cramer on Tuesday why his company launched an app on Apple 's new virtual reality headset, the Vision Pro, saying it's important to try new things. "So, the Apple Vision Pro is a continuation of — we're going to constantly test and learn on new frontiers and delight our community." According to Amin, a lot of E.l.f Beauty's success is because it is not "not dependent on any one platform, or any one way of going to market." But Wall Street worried about the state of the industry last week after Ulta Beauty's CEO Dave Kimball warned that demand for beauty products was slowing at a Wednesday conference hosted by JPMorgan . "We see the same thing at Ulta as we see with other customers: E.l.f is their most productive brand."

Persons: Tarang Amin, CNBC's Jim Cramer, Amin, Piper Sandler, E.l.f, Ulta, Dave Kimball, he's Organizations: Apple, Vision, Target, Walmart, JPMorgan

☆ Why some people feel good about their bank accounts but bad about the economy
▼ + stars: | 2024-04-07 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

A recent Wall Street Journal poll of American voters in swing states found that while people think the national economy is in bad shape, they feel good about their personal finances. In Gallup polling from last April, just 16% rated the economy as “good” or “excellent,” but 45% said their personal finances were “good” or “excellent.”But according to available data the economy has improved. But the dichotomy between how people feel about their own finances and the economy at large presents a different conundrum. It’s important to look at consumer behavior and not just sentiment when determining how Americans feel about the economy, said Harris. Those behaviors signal that Americans, overall, actually feel pretty good about their economy.

Persons: New York CNN — Nathan Frederiksen, “, ”, ” Frederiksen, It’s, “ We’ve, I’ve, ” He’s, —, Wisconsin —, Joe Biden, Ben Harris, else’s, ” Harris, Harris, Jonathon Barricklow, Barricklow, we’d, Dave Koloskee, he’ll, Megan McCoy, we’re, ” McCoy, Julie Levitch, Suze Orman, she’s, I’m, ’ ”, ‘, they’re Organizations: New, New York CNN, CNN, Gallup, Economic, Brookings, Bureau of Labor Statistics, Facebook, Kansas State University, “, Finance, LinkedIn Locations: New York, Boise , Idaho, Arizona, Georgia, Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin, it’s, United States, Bowling Green , Ohio, East, Europe, Erie , Pennsylvania, Scottsdale , Arizona

☆ One of Wall Street's most powerful people is predicting that a 4-day workweek is coming
▼ + stars: | 2024-04-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at a Wall Street billionaire's prediction that the four-day workweek is coming . Billionaire hedge fund manager and New York Mets owner Steve Cohen said a four-day workweek is inevitable , Business Insider's Matthew Fox writes. Cohen put his money where his mouth is regarding the four-day workweek. As the newest four-day workweek fan club member, Cohen must be interested in implementing it at his hedge fund, Point72. Maybe the four-day workweek represents the olive branch companies can extend to get people back to their desks.

Persons: —, Jack, Dave Kotinsky, Rebecca Zisser, Steve Cohen, Matthew Fox, I'd, Cohen, Tech.co, Yuki Iwamura, Jerome Powell, Powell, Tesla, Brooks Kraft, OpenAI's, Logan Kilpatrick, Kilpatrick, Carl Godfrey, Bob Iger, Nelson Peltz, Iger, he's, he'll, Goldman Sachs, David Solomon, Joe Lewis, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, United Airlines, Boeing, Business, Lincoln Center, Billionaire, New York Mets, CNBC, Mets, Technologies, Workers, Federal, JPMorgan, Brooks, Brooks Kraft LLC, Getty, Services, Google, Bloomberg, BI, Reuters Locations: York, New York, London

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