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So you would find these really, really high-end sneakers — like, $1,000 sneakers — ​​on there for $150." Related stories"We started selling five or 10 sneakers a day, and then I just started doing basic math," said Zapata. She shadowed a friend who was also starting to do live Whatnot shows. Courtesy of Val ZapataThe majority of her sales now come from live Whatnot shows. After just one month on Whatnot, Zapata says she did enough in sales to quit her insurance job in September 2022.
Persons: , Val Zapata, Zapata, couldn't, Val Zapata Zapata, didn't, We've, we're gunning Organizations: Service, Business, Facebook, YouTube, Twitter, eBay, BI Locations: Houston, Texas, Colombia, New York, Nevada, Las Vegas, Vegas
Amazon Prime Video's "The Legend of Vox Machina" is one of the many shows using animation from independent studio Titmouse Animation. Amazon StudiosThere's a powerhouse in the entertainment industry that remains unknown to many casual cartoon viewers — it's called Titmouse Animation. Titmouse worked on Disney's "Star Wars Galaxy of Adventures," a series of animated shorts set in the Star Wars universe. "When we were looking at animation studios, Chris [Prynoski] made it really clear that Titmouse wanted to get into prime-time-style adult animation and that their No. Netflix's "Big Mouth" was produced through Titmouse's animation studio.
Persons: it's, haven't, you've, Chris Prynoski, doesn't, Titmouse, Prynoski, we've, Chris, Shannon Prynoski, Daria, Beavis, Ben Kalina, they've, Kalina, Andrew Goldberg Organizations: Amazon, Amazon Studios, Netflix, Paramount, Hollywood, Disney, Universal, MTV, Cartoon Network, MTV Animation, Wars Galaxy, Star Wars, Warner Bros
And yet, the unemployment rate continues to inch up, job openings continue to fall, and payroll data continue to underwhelm. But how long that enthusiasm can continue to outweigh declining labor market indicators remains to be seen. AdvertisementThe first is declining job openings, which are down to 7.6 million from 2022 highs above 12 million. BullAndBearProfits.comAnother sign Wolfenbarger shared showing the labor market is turning sour is the Kansas City Fed's Labor Market Conditions Index, which is a composite of 24 job market indicators. BullAndBearProfits.comFinally, in a September 2 note, Wolfenbarger shared a chart from Bank of America showing the decline in private job growth as a share of all job growth.
Persons: , Jon Wolfenbarger, Merrill Lynch, Wolfenbarger, there's, BullAndBearProfits.com, John, Hussman, Stocks Organizations: Service, JPMorgan, Business, Kansas City Fed's Labor, BullAndBearProfits.com, Bank of America Locations: Kansas
As one VC partner told Business Insider at the time: "Sam is bigger than Taylor Swift." But the bigger you are, the faster the fall, and a few months later, things began to unravel. Others simply said Altman was overhyped, that he didn't have all the answers that the public and investors seemed to expect of him. Thanks to good old-fashioned capitalism, Altman and OpenAI have enjoyed business win after win and held their positions as the leaders in the aggressive AI race. "I thought Sam Altman did a really good job in the special," she told The Washington Post in a discussion about her TV program on artificial intelligence.
Persons: , Sam Altman, Taylor Swift, Altman, Oscar, Scarlett Johansson, Johansson, Ilya Sutskever, Jan Leike, Leike, Anthropic —, Greg Brockman, OpenAI, Siri, Goldman Sachs, OpenAI fanboys, Wharton, Ethan Mollick, Anderson Cooper, Josh Kushner —, Oprah Winfrey Organizations: Service, OpenAI, Business, , Leike, Apple, Microsoft, Nvidia, tech's, o1, Washington Locations: OpenAI —, Valley
What this Boeing strike is really all about
  + stars: | 2024-09-14 | by ( Allison Morrow | Chris Isidore | ) edition.cnn.com   time to read: +6 min
New York CNN —At the heart of the Boeing strike that began Friday is a story about what happens when penny-pinching executives lose the plot and it falls to workers to get everyone back on track. If Boeing were any other business — and not a too-big-fail half of a global duopoly — it almost certainly would have declared bankruptcy. Years of pent-up resentment over Boeing’s mismanagement, combined with pandemic-era inflation and a resurgent labor movement, made this strike inevitable. Ahead of the strike, Ortberg urged workers not to strike while acknowledging their anger over nearly two decades of past contracts that downsized their retirement and health care benefits. Almost exactly one year ago, the United Auto Workers union won historic guarantees from the Big Three automakers after a seven-week strike.
Persons: , , Richard Aboulafia, James McNerney, Aboulafia, Kelly Ortberg, missteps, Ortberg, Jon Holden, , — who’ve, Dave Calhoun’s, Holden, haven’t, ” Holden, Sharon Block Organizations: New, New York CNN, Boeing, SpaceX, International Association of Machinists, United Auto Workers, Big, UAW, hardball, Harvard Law School’s Center for Labor Locations: New York, January’s, Renton , Washington, Seattle, Virginia, South Carolina, Washington, United States
Many said he failed to acknowledge the real reason many grandparents don't help with childcare more: They can't afford to. Many American families are stuck between a retirement crisis and a childcare crisis, with young parents unable to help their own parents — and vice versa. The childcare crisis meets the retirement crisisSandra, 51, has been dealing with both childcare and eldercare challenges over the past year. "And that would help parents who want to stay home and care for kids; it would also help grandparents who want to help care for kids while their parents are working." AdvertisementRachidi also said that revisiting the usefulness of regulations around informal care — settings like friend and family care — should be on the table, too.
Persons: Linda C, Donald Trump, Joe Biden, Sen, JD Vance, Linda, I'd, Vance, Trump, she's, , Taylor Van Kirk, Van Kirk, Sandra, grandpa, Elliot Haspel, Haspel, Kamala Harris, Jennifer Baker, they'd, that's, Baker, who's, Angela Rachidi, Rowe, Rachidi, Connie Adler, Adler, Vance's Organizations: Service, Democratic, Business, AARP, Capita, American Enterprise Institute, asheffey Locations: California, Sweden, Arizona
Boar’s Head announced Friday it has indefinitely shut down a Virginia deli meat plant and discontinuing the liverwurst that is linked to a deadly multi-state listeria outbreak that also sickened dozens. In what it called a “dark moment” in the company’s history, Boar's Head said in a Friday statement it’s indefinitely closing its plant in Jarratt, Virginia, where the liverwurst product connected to the outbreak was made. We will work to assist each of our employees in the transition process.”This year’s liverwurst outbreak killed nine and hospitalized 57. Boar’s Head recalled its Strassburger Brand Liverwurst on July 25 over concerns it contained the bacterium Listeria monocytogenes. Some increased measures, according to Boar’s Head, include: Appointing a new chief food safety officer who will report directly to the company’s president; launching a food safety council comprised of independent food safety experts; and creating an enhanced and companywide food safety and QA program, Boar’s Head said.
Persons: Boar’s, Boar's, it’s, , Liverwurst Organizations: CDC, U.S . Department of Agriculture, CBS, Agriculture Department, USDA, Gallup Locations: Virginia, Jarratt , Virginia
The Justice Department plans to file criminal charges in the hacking of Donald Trump’s presidential campaign, two law enforcement officials told NBC News. The Trump campaign announced in August that it had been hacked. Later that month, federal officials said that Iran was behind the effort, which was part of an apparent hack-and-leak operation to spread files stolen from Trump’s campaign. Federal officials reiterated in a press call last week that the U.S. intelligence community believes Iran wants to hurt former President Trump’s campaign, whereas Russia wants to boost Trump over Vice President Kamala Harris. Google was more specific, and said that the hackers had gone after both the Trump campaign and President Joe Biden’s before he dropped out of the race.
Persons: Donald Trump’s, Trump, Robert ”, United Nations didn’t, “ Robert, , Trump’s, Kamala Harris, Joe Biden’s Organizations: Department, NBC News, America, United Nations, Washington Post, NBC, Trump, The Justice Department, RT, Islamic Revolutionary Guard Corps, Microsoft, Google, Trump militia Locations: Iran, Russia, Russian, Tehran
Pohlhaus, a Marine-turned-tattoo artist known as “Hammer” to his hundreds of followers, wrote Blood Tribe had “pushed Springfield into the public consciousness.”Members of his hate group agreed. “This is what real power looks like.”A sign hangs from a streetlight at the intersection of Main Street and Fountain Avenue in Springfield, Ohio, on Wednesday. As with most rumors, the beginning of the baseless claims about Haitians eating pets in Springfield is hard to pinpoint, but Blood Tribe undoubtedly helped spread it. “Hello, Springfield Ohio! Blood Tribe and other hate groups have used the real-world actions for recruitment, attention and intimidation.
Persons: Donald Trump, Christopher Pohlhaus, , Paul Vernon, , Blood Tribe’s, didn’t, Sen, JD Vance, Ohio, ” Vance, Rob Rue, Drake Berentz, Pohlhaus, Berentz, it’s, Jeff Tischauser, “ Heil Hitler, ” Tischauser, Tischauser, Springfield Organizations: Nazi, Haitian, Nielsen, Facebook, Springfield Police Division, NBC News, Blood, Metrics, 4chan, Trump, Commission, Springfield, Southern Poverty Law Center, Disney, GOP Locations: Springfield , Ohio, Springfield, Fountain, Columbus , Ohio, MAGA, downtown Springfield, , Springfield Ohio, Haitian, , Columbus, Wadsworth , Ohio, Watertown , Wisconsin, Madison, Harrisburg , Pennsylvania, Nashville , Tennessee, Pierre, South Dakota
An Alaska Airlines plane was forced to abort takeoff at Nashville International Airport in Tennessee after a Southwest Airlines flight was cleared to cross from the same runway, according to the Federal Aviation Administration. Alaska Airlines Flight 369 was headed to Seattle on Thursday morning and had received clearance to take off from air traffic control, the airline said in a statement, when Southwest Airlines Flight 2029 was cleared to cross the end of the same runway, the FAA said. The Alaska pilots had to brake so hard and fast that the tires on their plane blew out, the airline said. Damaged tires on the Alaska Airlines jet at the Nashville, Tenn., airport after takeoff was aborted Thursday. It said it sent another plane to Nashville to take them to Seattle on Thursday night.
Persons: Kyle Forrester Organizations: Alaska Airlines, Nashville International Airport, Southwest Airlines, Federal Aviation Administration, FAA, Alaska, Nashville, National Transportation Safety, Employees Locations: Alaska, Tennessee, Seattle, Tenn, Nashville
Patrick T. Fallon | AFP | Getty ImagesUber announced Friday it is expanding its partnership with Alphabet's Waymo to offer robotaxi rides in Austin, Texas, and Atlanta beginning in early 2025. Uber riders in those cities can be matched with a driverless Waymo car for some trips, according to the companies. A Waymo spokesperson said it had no plans to partner with Uber in San Francisco and Los Angeles. The expansion into Austin and Atlanta won't include Uber Eats at first, according to the Waymo spokesperson, but they're exploring that possibility for the future. Some analysts were more hopeful for a potential Uber and Waymo expansion into San Francisco.
Persons: Patrick T, Fallon, Alphabet's Waymo, Uber, Tesla, Bernstein, Waymo, We're, Dara Khosrowshahi, Tekedra Mawakana, We've, Cruise, Wells, Ken Gawrelski, — CNBC's Laura Batchelor, Lora Kolodny Organizations: AFP, Getty, Uber, Waymo, Atlanta, Google Locations: Los Angeles , California, Austin , Texas, Atlanta, San Francisco, Los Angeles, Phoenix, Austin, San Francisco , Los Angeles
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThis as-told-to essay is based on a conversation with Loria Stern, who owns Eat Your Flowers, which fell victim to a counterfeit check scam last month. We were all excited when a last-minute, big order came through — a $7,500 order of 1,000 cupcakes is significant for a small business like mine. Running a business is hard enough alreadyWe're not making a lot of money here — this isn't exactly a business I'm creating generational wealth with at this moment. Courtesy of Loria SternIt's already so hard running a small business, especially a bakery, where the margins are really small.
Persons: , Loria Stern, It's, We're, it's, Loria Stern It's, there's, I'm Organizations: Service, Business Locations:
CNN - A United Nations staff member was among 10 people killed during an Israeli military operation in the occupied West Bank, the Israeli military and the UN said on Friday. Jawwad – the first UNRWA staffer to be killed in the West Bank in more than 10 years – is survived by his wife and five children, according to UNRWA. The other people killed in the Israeli operation over the past 48 hours were killed in the areas of Tulkarem, Nur Shams and Tubas, according to the IDF. Al-Quds Brigades, the military wing of Islamic Jihad, said the five killed in Tubas were members of the Tubas Battalion in the West Bank who were “preparing ambushes and explosive devices against” Israeli forces. Operations in the West BankThe death comes amid increasing Israeli military action in the West Bank.
Persons: Sufyan Jaber Abed Jawwad, , Jawwad, ” Juliette Touma, Nadav Shoshani, ” Shoshani, , Philippe Lazzarini, Jawwad’s, Nur Shams, Tubas, Nur, UNWRA, Antony Blinken, Aysenur Ezgi, Eygi, CNN’s Mounira Elsamra Organizations: CNN, United Nations, West Bank, UN, United Nations Agency for Palestinian Refugees, Israel Defense Forces, UNRWA, Jordan’s Ministry of Foreign Affairs, IDF, Quds Brigades, Tubas Battalion, Operations, Palestinian Ministry of Health Locations: El Far’a, Gaza, Israel, Tulkarem, Al, Quds, El, Nur Shams, Jenin, Ramallah
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That's the code name that Elon Musk's security team uses to refers to him, The New York Times reported as part of an investigation into the Tesla CEO's protective services. This story is available exclusively to Business Insider subscribers. AdvertisementIn 2022, Business Insider revealed that Musk secretly bought a house after his former address became public knowledge. Related storiesA Tesla SEC filing revealed that Musk's security company billed the company $2.4 million in 2023 and another $500,000 through February 2024, representing just a portion of Musk's total security expenses.
Persons: , Musk, He's, Errol, Mark Zuckerberg's, Tim, Tesla, Zachary Kirkhorn Organizations: Service, NASA, Elon, New York Times, Business, Times, SEC, Errol's, Apple, Tesla's Locations: bitcoin, Nevada, Texas
The crew of Alaska Airlines flight 369 “discontinued their takeoff” at Nashville International Airport around 9:15 a.m. CT when Southwest Airlines flight 2029 “was cleared to cross the end of the same runway,” according to the FAA. The Alaska Airlines flight carrying 176 passengers and six crew members braked so suddenly that the crew “reported blown tires during the braking,” the FAA said. “The Alaska aircraft, on its way to Seattle, had received clearance for takeoff from Air Traffic Control,” Alaska Airlines said in a statement. The incident in Nashville also comes just two days after two Delta Air Lines planes collided as both were taxiing for takeoff from Atlanta’s busy Hartsfield-Jackson International Airport. The wheels of a plane are seen after a near-collision involving a Southwest Airlines flight and an Alaska Airlines flight at Nashville International Airport Thursday morning.
Persons: , braked, “ We’re, John F, Kyle Forrester Organizations: CNN, Federal Aviation Administration, National Transportation Safety, Alaska Airlines, Nashville International Airport, Southwest Airlines, FAA, Alaska, Air Traffic Control, NTSB, Employees, Boeing, Delta Air Lines, Hartsfield, Jackson International, New, Syracuse Hancock International, Kennedy International Airport, Nashville, FedEx, Investigators Locations: Nashville, , Seattle, Syracuse, JFK, Austin , Texas
Read previewThe embattled commercial real estate market may finally have a few things going its way, according to recent data. AdvertisementAnd yet, lending volumes are slightly improving, Moody's said. As these lenders are most exposed to commercial real estate, some analysts have warned that hundreds of banks risk failing in the next few years. Now, some see opportunity in the real estate market. "We think this will be an attractive vintage for real estate credit," analysts Matt Salem and Dakota Sagnelli wrote, later adding: "A growing number of commercial real estate transactions should increase the number of opportunities to lend, while the dearth of bank capital should keep yields attractive and spreads relative to corporate credit elevated."
Persons: , Moody's, they've, Matt Salem, Dakota Sagnelli Organizations: Service, Business, Wall, KKR Locations: Dakota
Read previewThe embattled commercial-real-estate market may finally have a few things going its way, according to recent data. That left owners with harder-to-pay debt, made worse by high interest rates and tighter bank lending. AdvertisementYet lending volumes are slightly improving, Moody's said. Related storiesMoody's expects bank lending to turn positive by the end of 2024. As these lenders are most exposed to commercial real estate, some analysts have said that hundreds of banks risk failing in the next few years.
Persons: , Moody's, they've, Matt Salem, Dakota Sagnelli Organizations: Service, Business, Wall, KKR Locations: Dakota
Read previewOver 30,000 Boeing workers, or about 20% of the company's employees, are preparing to strike on Friday after rejecting a new labor contract. Workers in Washington and Oregon voted against an agreement that Boeing and the labor union for machinists and aerospace workers proposed on Sunday. The vote was the first full contract vote in 16 years. The tentative labor contract, which included a pay increase over four years, was touted as another win for the beleaguered company. The proposal left workers unsatisfied, Jon Holden, president of the IAM's district 751 and lead negotiator on the Boeing contract, told Reuters on Monday.
Persons: , Max, Kelly Ortberg, Ortberg, TD Cowen, Jon Holden, Holden Organizations: Service, Workers, Boeing, Business, International Association of Machinists, Aerospace Workers, IAM, Reuters Locations: Washington, Oregon, Boeing's, North America, Pacific Northwest, California, Renton , Washington, Seattle, IAM's
Hong Kong CNN —For decades, Chinese workers have wrapped up their working lives at relatively young ages: 60 for men and as early as 50 for women. The announcement sparked immediate widespread discussion – and backlash – across Chinese social media. Some social media users appeared encouraged that the changes weren’t more drastic and included some flexibility. Major protests erupted in France in 2023 in response to a government attempt to raise the retirement age from 62 to 64. Even for those of working age, employment remains a steep challenge following the pandemic and a raft of government-led industry crackdowns in recent years.
Persons: , Yuan Xin, Yuan, Demographers, It’s Organizations: Hong Kong CNN, Xinhua, Communist Party, Weibo, China Population Association, Nankai University, for Economic Co, Development, Social, Communist, Ministry of Civil Affairs, Chinese Academy of Social Sciences, Employers Locations: Hong Kong, Beijing, China, Tianjin, France, Communist China
The right-wing social media stars who were allegedly paid millions of dollars in a nefarious Russian influence operation to shape public opinion around the 2024 US presidential election are remaining mum. Tenet Media boasts a slate of high-profile right-wing, pro-Trump commentators including Tim Pool, Dave Rubin, Benny Johnson and several others. The influencers all say they are “victims,” and that the FBI has contacted them for voluntary interviews. The Tenet co-founder then wrote to the Russian state media staffers, stressing that the personality was “really insisting on seeing some materials (profile, article, whatever) on Eduard before (he) feels comfortable moving forward. Two Russian state media employees, Kostiantyn Kalashnikov and Elena Afanasyeva, were charged by the Justice Department with money laundering and violating the Foreign Agents Registration Act.
Persons: Tim Pool, Dave Rubin, Benny Johnson, Rubin, Johnson, Brandon Van Grack, Robert Mueller’s, Pool, , “ We’ve, , Ben Shapiro, , Tenet, Eduard Grigoriann, “ Grigoriann, Eduard, ” Rubin, Lauren Chen, Liam Donovan, Grigoriann, Chen, Donovan, Kostiantyn Kalashnikov, Elena Afanasyeva, Van Grack, CNN’s Hadas Gold Organizations: CNN, Justice Department, Tenet Media, Kremlin, Trump, RT, FBI, Pool, Tenet, Justice Locations: Tennessee, Russian, Russia, Brussels
Over the course of about 10 years at the company, Vashi worked his way up from an entry-level consultant role to vice president. It all paid off in June 2022, when Anaplan was acquired by private equity company Thoma Bravo at a roughly $10.4 billion valuation. Here are five tips on how to negotiate for more equity at work, according to Vashi:1. "The best way to secure equity compensation is to make yourself extremely important to the company," he said. When it comes to employees, it is "all based on [their] contributions, either actual contributions or expected contributions," Vashi said.
Persons: Bhavik Vashi, Vashi, Anaplan, Thoma, they've Organizations: University of California, CNBC, Thoma Bravo, Asia Pacific, Carta, Employees Locations: Valley, Berkeley, Silicon Valley, Middle East
Close-up of sign at entrance to Silicon Valley headquarters of outsourcing and freelancing company Upwork, Mountain View, California, May 3, 2019. Activist investor Engine Capital has a roughly 4% stake in freelance marketplace Upwork and is pushing for a shakeup to the company's board. Upwork shares rose more than 3% on the news in pre-market trading Friday. Engine singled out several Upwork directors, including Chairman Thomas Layton and Greg Gretsch, for their lengthy tenures. Meanwhile, none of Upwork's directors have any apparent experience in staffing industry, the activist said.
Persons: Hayden Brown's, Brown, Arnaud Ajdler, Thomas Layton, Greg Gretsch, Splunk, Gary Steele, Ajdler, Upwork, Fiverr, Upwork didn't Organizations: CNBC Locations: Silicon, View , California
CNN —Boar’s Head will close the Virginia plant that produced deli meat products tied to a deadly listeria outbreak, the company said on Friday. The move is part of several changes made after what it called a “dark moment in our company’s history.” Boar’s Head said it will permanently discontinue sales of liverwurst after an investigation found its production process was the root cause of the listeria contamination. It will also appoint a new food safety officer and food safety council made up of independent industry experts. But a USDA Notice of Suspension for the Virginia facility, shared by Boar’s Head, describes “inadequate controls” that allowed equipment and employees to move throughout the facility, potentially spreading bacteria. The agency called it the largest listeria outbreak since one linked to cantaloupe in 2011.
Persons: CNN — Boar’s, ” Boar’s, Boar’s, Dr, Sanjay Gupta, , what’s Organizations: CNN, Department of Agriculture’s, CNN Health, Centers for Disease Control, listeria, CDC Locations: Virginia, Jarratt , Virginia, Jarratt
While rage bait can be found across social media, its prominence on Threads is because of how the app promotes content. AdvertisementWith that in mind, there's often something in your behavior on social media that's leading the apps to send those posts your way. In the grand scheme of things, rage bait is not the worst thing on social media by a long shot . YouTube star MrBeast mastered social media algorithms to build a huge audience in no time. Here's what business students said , and here's what tech students said .
Persons: , Rebecca Zisser, Katie Notopoulos, Katie, it's, it'll, Samantha Lee, Goldman Sachs, David Solomon isn't, Solomon, Warren Buffett's, Kanu Gulati, she'd, Jensen Huang doesn't, Huang, Alberto E, Rodriguez, MrBeast, Jonah Peretti, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Twitter, JPMorgan, Bank of America, Occidental Petroleum, Khosla Ventures, Kanu Gulati Khosla Ventures, Nvidia, Warner Bros, HBO, Charter Locations: Taiwan, China, New York, London
Read previewRepublican vice presidential nominee Sen. JD Vance expressed support for expanding veterans' ability to use private doctors in a podcast interview this week. "I think I'd consider it," replied Vance, a former enlisted Marine who deployed to Iraq in a public affairs role. AdvertisementThe Trump campaign shot back that the Harris campaign was taking Vance out of context. During his first term in office, Trump expanded veterans' ability to see non-VA doctors using VA funding by signing the Mission Act. AdvertisementThe Mission Act received bipartisan support when it passed in 2018, but it has since become more partisan.
Persons: , Sen, JD Vance, Shawn Ryan, Vance, You'll, Donald Trump, Kamala Harris, Tammy Duckworth, Harris, cochair, William Martin, Kamala, It's, JD, Trump, Biden, you've Organizations: Service, Navy, Department of Veterans Affairs, Business, Marine, Marine Corps, Republicans, GOP, Democratic, Iraq, Veterans, Trump, of Veterans Affairs, Congressional Republicans, Republican Locations: Iraq, Illinois
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