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☆ How the vodka soda became 'gay water'
▼ + stars: | 2024-06-22 | by ( Alex Harring | ) www.cnbc.com time to read: +11 min

The combination of soda water and vodka has long been a fixture of boozy LGBTQ+ life, particularly among gay men. One of those came from Houston-based lawyer Jeff Watters, who called the vodka soda the "gay water" of the nighttime in a post on X. Retail is also central to the business for Gay Water, a startup offering canned cocktail variations of vodka soda. The former's vodka soda citrus is 100 calories per can, while Gay Water contains 80. The Gay Bar Shop, a specialty retailer, sells an 11-ounce, $49 candle that smells like a vodka soda with a lime garnish.

Persons: Emily Rabbideau, Justin Ruka, Orlando, Ruka, seltzer, Lucas Hilderbrand, Justin, Jeff Watters, Coke, Watters, Hilderbrand, Mary Holt, Holt, Eric Einstein, Einstein, Brendan Oudekerk, bartenders, Rose Kennedy, Tom Campbell, Campbell, James Delos Reyes, that's, Spencer Hoddeson, Hoddeson, Bud Light, Kylie Jenner's, Boston Beer, Victor Tran, Tran Organizations: Love, Alaska Airlines, CNBC, University of California, San Francisco, Gay, New York City, Washington , D.C, New, Boston Beer, Boston, Gay Water Locations: San Francisco, Irvine, Houston, bartenders, Lawrence , Kansas, New York, Washington ,, West Hollywood, influencers, New York City, Gopuff, Virginia

Trautman purchased a 53-foot sailboat called the SV Delos for $398,000 with a $81,000 down payment. WE SailSince he started traveling the world by boat, Trautman has visited over 45 countries and has racked up 70,000 ocean miles. When Sierra turned four months old, the now family of three returned to life on the sailboat. To stay connected with their family members on land, Trautman says they have their loved ones visit them when they are docked. The couple stays connected to their family online and by planning trips to places they're docked.

Persons: Brian Trautman, Trautman, maxed, Karin, Sierra Organizations: Microsoft, CNBC, SV Delos, YouTube, Sailing SV Delos, WE Locations: Redmond , Washington, Bellingham , Washington, New Zealand, Polynesia, Sweden, Caribbean, Philippines, they're

☆ We live on a sailboat & travel the world for $1,900/month — take a look inside
▼ + stars: | 2023-11-12 | by ( Elham Ataeiazar | Ernestine Siu | ) www.cnbc.com time to read: 1 min

Since then, he's sailed to 46+ different countries and across 4 oceans. Prior to embarking on this journey by sea, Brian worked at Microsoft, eventually leaving to start his own software company. Since then, Brian has met his wife Karin and started a family abroad. He's also started a YouTube channel to document his adventures. Today, both their channel Sailing SV Delos and crowdfunding are able to fully sustain Brain's family and their lifestyle.

Persons: he's, Brian, Karin, He's, crowdfunding Organizations: Microsoft, Sailing SV Delos

☆ Exclusive: Poland charters tankers used for Russian oil to import Arab crude
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +4 min

Many oil majors have avoided contracting tankers that have carried Russian crude because of the risk of sanctions and self-imposed restrictions. Under the price cap, western companies can ship and provide insurance for Russian oil and products provided they are sold at less than $60 per barrel. "Dead freight is one of the issues when working with Russian oil as not all companies agree to use ships involved in Urals deliveries," the trader said. Orlen said it was not involved in any Russian oil shipping and it screened all vessels it uses to ensure no Russian sanctions are violated. Russian oil has been mostly shipped to Asia following the EU embargo.

Persons: Orlen, Russia's Zarubezhneft, Sidi Kerir, Nissos Delos, Marek Strzelecki, Maha El, Barbara Lewis Organizations: MOSCOW, Group, European Union, Botafogo, TMS, Kyklades, Saudi Aramco, Reuters, Thomson Locations: Asia, Lithuania, Poland, Russian, Russia, Ukraine, Moscow, ASIA, Poland's Gdansk, Lithuania's, Russian Baltic, Baltic, Primorsk, Mundra, West India, Saudi, Sidi, Gdansk, Waikiki, Bonita, Nissos, Calida, Butinge, Russia's, Ust, India, Warsaw, Maha, Maha El Dahan, Dubai

☆ I gave up my tech job in Seattle to live on a sailboat. I've fought off pirates at 3 a.m. and it was terrifying — but I'll never go back to my old life.
▼ + stars: | 2023-08-04 | by ( Brooke Morton | ) www.businessinsider.com time to read: +8 min

Brian Trautman has spent the past 14 years living on a 53-foot sailboat, sailing to 46 countries. I gave my business partners my year's notice in 2008 and started selling everything to buy a sailboat. Starting my lifelong sailing adventureI bought SV Delos, a 53-foot Amel Super Maramu sailboat, for $390,000 in 2008. We left the boat with my brother and his girlfriend, who continued to sail Delos across the Atlantic to Antigua. When she was 4 months old, all three of us flew back to Antigua to reboard Delos and sail the Caribbean.

Persons: Brian Trautman, Trautman, I'd, Karin, Trautman's, SV Delos merch, we've, We've, Delos merch, Brian Trautman Karin, Karin's, Sierra Trautman, reboard Delos, we'd, Sierra Organizations: Service, Microsoft, SV Delos, Delos, YouTube Locations: Wall, Silicon, Seattle, Caribbean, Redmond, New Zealand, Auckland, South, Fiji, Sweden, Delos, Antigua, Florida, reboard, Mexico, Fatu, Polynesia, Solomon Islands, Papua New Guinea, Madagascar

☆ The Fed needs the economy to slow from here. These funds could outperform
▼ + stars: | 2023-07-26 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

And while Fed Chair Jerome Powell said that the central bank's staff does not predict a recession, he did say that the economy will need to further slow in order to defeat inflation. "We have seen the impact, but not to the extent that the market expected or the Fed expected. He pointed to the iShares MSCI USA Quality Factor ETF (QUAL) and the JPMorgan U.S. Quality Factor ETF (JQUA) as funds that are capturing some of the market rally without adding outsized risk. Those are growth-oriented defensive equities with strong balance sheets, high revenue growth, which is what investors seek during slow revenue or slow economic environments," Smith said. QUAL YTD mountain This quality factor ETF has risen more than 20% this year.

Persons: Jerome Powell, Powell, Venkat Balakrishnan, Savita Subramanian, Andrew Smith, Smith, Charles Champagne Organizations: Federal, " Bank of America, Delos Capital Advisors, CNBC, JPMorgan U.S, Quality, Visa, Mastercard, of America, Investors, Bank of America Locations: U.S, Dallas

☆ CNBC Daily Open: The A.I. rally is too narrow
▼ + stars: | 2023-05-31 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Everyone else, however, is a bystander reaping no benefits — and that could have implications for broader markets. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Everyone else, however, isn't so much a loser, but a bystander reaping no benefits — and that could have implications for broader markets. Subscribe here to get this report sent directly to your inbox each morning before markets open.

Persons: Wood, We're, Andrew Smith, Javed Mirza, Ataman Ozyildirim, we've Organizations: NVIDIA, CNBC, . Semiconductor, Nvidia, Marvell, Broadcom, Big Tech, Apple, Microsoft, Delos Capital Advisors, Conference, The Conference Board Locations: Taipei, Dallas, Canada, U.S

☆ CNBC Daily Open: The A.I. rally's too narrow
▼ + stars: | 2023-05-31 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Persons: Jensen Huang, Wood, We're, Andrew Smith, Javed Mirza, Ataman Ozyildirim, we've Organizations: Nvidia, CNBC, . Semiconductor, Marvell, Broadcom, Big Tech, Apple, Microsoft, Delos Capital Advisors, Conference, The Conference Board Locations: Taipei, Dallas, Canada, U.S

☆ Stock futures are little changed as traders await debt ceiling progress in Washington: Live updates
▼ + stars: | 2023-05-30 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

Traders on the floor of the NYSEStock futures were flat on Tuesday evening as investors kept an eye on the federal debt ceiling debate in Washington ahead of the final trading day of May. S&P 500 futures and Nasdaq 100 futures were each little changed. Heading into the final trading day of May, the Nasdaq Composite is up nearly 6.5% for the month. One factor that has weighed on the market in recent weeks is the fight over the debt ceiling. President Joe Biden and House Speaker Kevin McCarthy announced a deal over the weekend to cap federal baseline spending for two years and raise the debt ceiling, but the agreement has not yet been ratified.

Persons: Dow, We're, Andrew Smith, Joe Biden, Kevin McCarthy Organizations: NYSE Stock, Futures, Dow Jones, Nasdaq, Dow, Nvidia, Wall, Delos Capital Advisors Locations: Washington, Dallas

☆ Inside the Delirious Rise of ‘Superfake’ Handbags
▼ + stars: | 2023-05-04 | by ( Amy X. Wang | Grant Cornett | ) www.nytimes.com time to read: +3 min

Once upon a time, the legend goes, Theseus slew the Minotaur and sailed triumphantly home to Athens on a wooden ship. What if, Thomas Hobbes wondered, someone rustled up a second boat out of the discarded planks; would you now have two original vessels? Not long ago, I found myself wandering through Paris with a fake Celine handbag slung over my shoulder. In France, a country that prides itself on originating so much of the world’s fashion, punishments for counterfeiting are severe, to the point that I technically risked three years in prison just by carrying my little knockoff around. My plunge into the world of fantastically realistic counterfeit purses — known as “superfakes” to vexed fashion houses and I.P.

☆ Stocks are reversing course as inflation looks sticky with more retail earnings on deck
▼ + stars: | 2023-02-24 | by ( Jesse Pound | ) www.cnbc.com time to read: +5 min

The optimism about inflation and the U.S. economy is quickly waning on Wall Street, and the early 2023 rally for stocks is fading. The market was under pressure again on Friday after a hotter-than-expected reading for personal consumption expenditures, sending rates higher and stocks lower. Economic updates Next week brings a new round of economic indicators to see how the sticky inflation is affecting consumers and business. Other looks at the economy will come through key earnings reports. Speech by Fed Governor Christopher Waller Friday: 9:45 a.m. Markit Services PMI 10:00 a.m. ISM Services PMI 3:00 p.m.

☆ Indonesia's seafood farming industry faces a 'technology gap' — and startups are raising big bucks to fill it
▼ + stars: | 2023-02-01 | by ( Sheila Chiang | ) www.cnbc.com time to read: +6 min

And we are third in aquaculture production after China and India. Aquaculture production and exports by country in 2020 Aquaculture (animals, not including algae) Top producing countries in 2020 Top exporting countries in 2020 1. Aruna, for its part, helps to connect Indonesia's small-scale aquaculture farmers to buyers. Indonesia has the puzzle pieces to become a global leader in aquaculture and seafood production. "Indonesia has the puzzle pieces to become a global leader in aquaculture and seafood production.

☆ Know what's in your ETFs: Wild divergence in retail funds to start 2023
▼ + stars: | 2023-01-11 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

At the same time, several online retail stocks have boomed, thanks in part to China abandoning its zero Covid policy. That has created a large gap between some retail ETFs, with broader funds lagging behind those with an e-commerce focus. For example, the Amplify Online Retail ETF (IBUY) and ProShares Online Retail ETF (ONLN) gained 7.7% and 8.1%, respectively in the first five trading days of the year. IBUY YTD mountain Online retail ETFs like IBUY are off to a fast start in 2023. Any reversal there could push retail ETFs that also hold more traditional "brick-and-mortar" stores, back into the lead.

☆ Meet a 36-year-old broker who rents luxury vacation villas to tech billionaires and celebrities paying up to $25,000 a night
▼ + stars: | 2023-01-05 | by ( Hannah Towey | ) www.businessinsider.com time to read: +6 min

Now, she manages a private portfolio of luxury villas in Greece that cost up to $25,000 a night. Categorized by five, six, and seven-star properties, Kennedy's multi-million dollar villas are not your typical vacation rental — and you won't find them on Airbnb. Nightly rates for her portfolio of ten villas in Greece range, for example, from $4,000 to $25,000. A spokesperson said Elon Musk has also stayed in one of the Mykonos villas, but declined to share documentation or additional details regarding his trip, citing NDA restrictions. Not all rich people are made equalTesla CEO Elon Musk was photographed on board a luxury yacht this July in Mykonos, Greece.

☆ Asia-Pacific markets open mixed after S&P 500 closes near two-year lows
▼ + stars: | 2022-09-28 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

The Dow and S&P 500 have fallen for six straight days, with many of those seeing broad selling typical of so-called "washout" days. That can sometimes be a contrarian buy signal on Wall Street, but many investment professionals are skeptical that the selling is over. One reason is that earnings expectations for next year still show solid growth, which would be unlikely in the event of a recession. "But I have a hard time reconciling in my mind that the earnings story is going to be as good as we expect." Additionally, the dramatic moves in the bond and currency markets means that "something broke" and it may be smart to wait for that information to shake out, Smith said.

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