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AdvertisementAdam Knorr left a lucrative finance career to pursue writing in Hawaii in 2022. Related VideoI graduated with a journalism degree, but my brother worked in finance in Nashville. AdvertisementI spent day after day locked in my bedroom in Hawaii — just me and the geckos — sending cold emails and LinkedIn messages. AdvertisementI started writing a book in Hawaii before moving to MichiganWhile in the work-stay program, I wrote some email copy for the farm. Worst-case scenario 2: I try to write, fail, and get another finance job.
Persons: Adam Knorr, Knorr, I'd, I've, it's, , Tim Ferriss, could've Organizations: Dodge Challenger, I'm Locations: Hawaii, Nashville, Hawaii —, Michigan
5 big questions about how tech will look under Trump
  + stars: | 2024-11-29 | by ( Clare Duffy | ) edition.cnn.com   time to read: +10 min
He sought to swat down legal protections for tech platforms. Many Republicans are eager to see the Trump administration address what they see as “censorship” of right-leaning voices by many mainstream social media platforms. That could mean reforming or reinterpreting Section 230, which shields tech platforms from liability for their users’ posts and allows the platforms to moderate content as they see fit. In essence, Carr could attempt to pass a rule that would make it possible to sue tech platforms under that new interpretation. Ultimately, that could mean hamstringing tech companies’ efforts to reduce hateful or false content on their platforms.
Persons: Trump, Donald Trump, – —, Trump’s, TikTok, Mark Zuckerberg, He’s, it’s, Elon Musk, Will TikTok, , he’ll, Shou Zi Chew, Kent Nishimura, Alan Rozenshtein, ” Rozenshtein, You’re, doesn’t, isn’t, Will Trump, … we’ve, ” Musk, Joe Biden, Biden, , John Villasenor, Brendan Carr, Carr, Gigi Sohn, Tom Wheeler, Evan Greer, Lina Khan, JD Vance, Musk, Khan, Tayfun, – Khan, ” Villasenor, ” Greer, Republican Sen, Marsha Blackburn of, Democratic Sen, Richard Blumenthal, Mike Johnson Organizations: New, New York CNN, Google, Big Tech, Trump, Bloomberg, Getty, University of Minnesota, Apple, CNN, , Fox News, Republican, UCLA Institute for Technology, Law, Federal Communications Commission, FCC, Democratic, Federal Trade Commission, Biden, White, Trump White House, Microsoft, Activision Blizzard, Kroger, Albertsons, FTC, Department, DOJ, TV, Senate Locations: New York, United States, , Washington ,, Marsha Blackburn of Tennessee, Connecticut
Germany is battling an ongoing manufacturing downturn that has turned it into the bloc's growth laggard, while disputes over its budget and long-term fiscal strategy caused its government to collapse earlier this month. However, French borrowing costs have climbed above Germany's this year as political instability in the country spooked markets. "Compromise on the French budget remains possible. The term "bond vigilantes" refers to bond market investors who protest against monetary or fiscal policy they don't like by selling bonds, thereby increasing borrowing costs for the government. Beyond the short-term budget debate, Barclays found medium-term risk asymmetry was "not great" for French markets, and that "concerns about political instability and long-term fiscal trajectory may persist."
Persons: Michel Barnier's, DAX, France's, Barnier, , specter Organizations: Barclays, French, CAC Locations: France, Germany, , Greece
Often overlooked as a behind-the-scenes job, IT support offers competitive salaries, diverse opportunities and flexibility that many fail to recognize, Lisa Gevelber, a vice president at Google and founder of Grow With Google, tells CNBC Make It. The Bureau of Labor Statistics projects that the number of IT support jobs will grow at least 15% in the next decade — more than three times faster than the average for all occupations. There are more than 300,000 unfilled IT support jobs in the U.S. right now, Gevelber points out. On Google, searches for "IT support jobs" and "IT support skills" hit an "all-time high" in 2024, since the search engine started tracking such queries 20 years ago, she adds. Here's how to land a job in IT support — and where to find the best opportunities:
Persons: Lisa Gevelber Organizations: Google, Grow, CNBC, Labor Statistics Locations: U.S
File photo of Fine Gael leader Simon Harris speaking at a convention in Athlone, central Ireland on March 24, 2024, after becoming de facto prime minister-in-waiting. The exit poll put the left wing Sinn Fein on 21.1%, the center-right Fine Gael of Prime Minister Simon Harris on 21.0% and like-minded coalition partner Fianna Fail on 19.5%. Fine Gael and Fianna Fail pledged ahead of the election to seek to form a coalition without Sinn Fein, just as they did after the 2020 general election when Sinn Fein also narrowly won the popular vote. They benefited from a slide in support for Sinn Fein, from 30-35% in polls in 2022 and 2023, in part due to anger among its working class base at relatively liberal immigration policies. Fine Gael and Fianna Fail will likely need the support of at least one other smaller party to reach a majority.
Persons: Simon Harris, Harris, Leo Varadkar, Sinn Fein, largesse Organizations: Fine Gael, Gael, Fianna, Government, Greens Locations: Athlone, Ireland, Ireland's, Europe
AdvertisementMcKinsey, Bain, and BCG are top strategy consulting firms with low acceptance rates. McKinsey & Company, Bain & Company, and Boston Consulting Group — collectively referred to as MBB — are widely considered the top three strategy consulting firms in the world. Sometimes referred to as the Big Three, MBB firms are among the most prestigious consulting firms and their clients include many Fortune 500 companies as well as government agencies. MBB firms typically offer highly competitive salaries, generally paying more than other consulting firms, and often come with demanding work responsibilities and expectations. The MBB firms are strategy and management consulting firms.
Persons: Jessica Apotheker, Jobs, It's, Bob Sternfels, Christoph Schweizer, Rich Lesser, Amber Grewal, Alicia Pittman, BCG's, Bain & Company Bain, Bain, Christophe De Vusser, Davis Nguyen Organizations: McKinsey, Bain, Fortune, McKinsey & Company, Bain & Company, Boston Consulting Group, Big, Deloitte, EY, KPMG, Company McKinsey, Business, Boston Consulting, Financial Times, undergrads Locations: New York City, undergrad, Boston
CNN —Elon Musk and Vivek Ramaswamy intend to lean on two recent Supreme Court rulings that they argue will make it easier to tear up a multitude of federal regulations. However, multiple legal and regulatory experts told CNN that Musk and Ramaswamy are misinterpreting the decisions, which could actually make it harder to overturn existing rules. Slashing needed workersWhat’s more, the endeavor would require a lot of assistance from agency staffers – the very workers that Musk and Ramaswamy have promised to cut. For instance, in a town hall on X last month, Musk repeatedly criticized government regulations, citing their interference with his companies. “It’s quite arduous getting regulatory approval,” Musk said while discussing his Neuralink startup that develops implantable brain-computer interfaces.
Persons: CNN — Elon Musk, Vivek Ramaswamy, Donald Trump, Raimondo, Ramaswamy, won’t, , James Broughel, hasn’t, ” Musk, Trump, Nicholas Bagley, , Richard Pierce Jr, ” Broughel, ” Trump, Broughel, Biden, Joe Biden’s, Musk, ” CNN’s Tierney Sneed Organizations: CNN, Government, Environmental Protection Agency, Loper Bright Enterprises, Competitive Enterprise Institute, , Street, Congress, University of Michigan Law School, George Washington University, of Economic, Public Citizen, SpaceX Locations: West Virginia
Kinga Krzeminska | Moment | Getty ImagesIreland goes to the polls on Nov. 29, with center-right parties Fianna Fáil and Fine Gael once again expected to form the nucleus of the country's next government. On the flipside, there are concerns in Dublin that U.S. President-elect Donald Trump will look to clamp down on U.S. companies paying taxes in Ireland, instead of in America. Political angleThe country's two biggest parties look once again on track to form a government, despite some travails for Fine Gael as the campaign winds down. The latest Irish Times/Ipsos B&A poll of Nov. 25 shows support for Fine Gael falling six points to 19% over the last two weeks, while Fianna Fáil's backing now stands at 21%. It is nevertheless unclear what policy changes can be expected, given the sway that Fianna Fáil and Fine Gael are likely to have in a potential government.
Persons: Kinga, Fáil, Donald Trump, Republican Party Sinn, Emma Howard, Jack Chambers, Howard, Trump's Organizations: Images, Fine Gael, Green Party, European Court of Justice, Apple, Irish Times, Republican Party, Housing, Central Bank of Ireland, TU Dublin, CNBC, IMF, ECB, European Commission, Finance, AAA Locations: Ireland, Dublin, America
Blackstone's Steve Schwarzman was a trade negotiator for Trump during his first term. In his book, he sheds light on what it took to get Trump, Trudeau, and others to the negotiating table. In an effort to gain insight into how Trump's tariff agenda might play out, Business Insider turned to Blackstone cofounder and CEO Steve Schwarzman, who served as a behind-the-scenes trade negotiator for the Trump White House during his first term. AdvertisementIn the book, he said he was tapped as a trade negotiator because he had the trust of members of Trump's inner circle and connections to foreign leaders like China's Xi Jinping. Schwarzman, who declined an official role with the first Trump White House, declined to comment on whether he has been asked to advise Trump in his second term in office.
Persons: Donald Trump, Steve Schwarzman, Trump, Trudeau, Simon, Simon & Schuster, Schwarzman, Xi, Justin Trudeau, George H.W, Bush, Barack Obama, George H Organizations: Trump, Business, Blackstone, Trump White House, Simon &, Canadian, Republican Locations: Canada, China, Mexico, Washington
The US government is on track to force the app out on January 19, the day before Donald Trump takes office. There's a possibility that President Joe Biden could extend that deadline by 90 days, but he hasn't said he will. AdvertisementBut will a TikTok ban actually happen? While there is bipartisan support in Congress for a TikTok ban, support for a ban is fading among the American public. Some members of Congress have raised concerns that TikTok could be used as a CCP propaganda tool.
Persons: Donald Trump, Joe Biden, hasn't, Read, Amanda Perelli, TikTok, Matthew Schettenhelm, Trump, I'm, G.S, Hans, Nathan Posner, Getty Images Trump, ByteDance, John Moolenaar, Shou Chew, Chip Somodevilla Organizations: Business, Appeals, District of Columbia Circuit, DC, Bloomberg Intelligence, DC Circuit, Pew Research, Trump, Department, Congress, Cornell Law School, Washington DC, Anadolu Agency, Getty Images, Rep, Chinese Communist Party, CCP, Foreign Locations: TikTok, Los Angeles, Washington, United States, China, US
Mike DeWine signed a bill Wednesday banning transgender students from using school restrooms that align with their gender identities. The bill also mandates that Ohio schools cannot have restrooms or locker rooms that are open to all genders, excluding family facilities or single-occupancy facilities. Instead, it will make trans people less safe and fail to increase the safety of all students,” Antonio wrote. Ohio House Republicans attached the legislation about restrooms to proposals regarding report card data for Ohio’s college credit program for high school students. “Extremist politicians are panicking because transgender students exist," Willingham-Jaggers said.
Persons: Mike DeWine, , , Barbara J, DeWine, ” Jocelyn Rosnick, Nickie J, Antonio, ” Antonio, Christian Virtue, David Mahan, Mahan, Melanie Willingham, Willingham, Jaggers Organizations: Gov, Republican, Ohio Gov, USA, Associated Press, American Civil Liberties Union, Democratic, Christian, Senate, Research, Social, Ohio House Republicans Locations: Alabama , Arkansas, Florida , Idaho , Iowa , Kansas , Kentucky, North Dakota , Oklahoma , Tennessee, Utah, Ohio, Columbus
Elon Musk and the president-elect are having "a lot of fun," she said. Maye Musk called her son "the genius of the world" and backed him to slash government waste. Elon Musk and Donald Trump are two of the world's wealthiest and most powerful men. Musk's mother, Maye, commented on their budding bromance in an interview on Fox Business this week: "They just seem to be having fun, a lot of fun, and that's nice for both of them to have fun." However, the negative comments are very… pic.twitter.com/lWLiG1mqfs — Maye Musk (@mayemusk) November 4, 2024Many mothers champion their children and sing their praises, and Maye is no exception.
Persons: Donald Trump, Elon Musk, Maye Musk, Musk, Maye, Elon, dietitian, she's Organizations: Fox, Elon, Trump, White House, Fox Business, SpaceX, Bloomberg, Trump's, USA Locations: America, New York, Lago, Florida, Texas
AdvertisementI've played golf since I was old enough to hold a club, and I love the sport. When teaching my husband to golf, I felt undermined by strangers assuming he was the skilled one. That changed when I started playing golf as part of a couple. It's common to see men teaching their significant others the game, so I understand the assumption, but that doesn't mean it feels good. AdvertisementSometimes I feel like strangers are expecting me to failA photo of me playing golf in high school.
Persons: I've, , I, It's Organizations: Disney, Professional Golf Association Locations:
You're going to feel that shame because you're not reaching those sorts of arbitrary goals that are being set." Try 'intuitive' spending insteadAccording to Miranda, the toxicity of budgeting stems from a capitalistic culture geared toward making more money and accumulating assets, rather than focusing on the quality of life of individuals. Instead of scrimping and saving your money, Miranda recommended "conscious spending," as an alternative. "It's like an intuitive or mindful approach to spending and using their money." "As long as we understand how our debt products work and the consequences of different decisions that we make around debt."
Persons: Dana Miranda, Miranda, Sheida Isabel Elmi, it's Organizations: CNBC, Research, University of Minnesota, Aspen Institute Financial Security
CNN —Manchester City manager Pep Guardiola had no issues with fans booing his players after the team threw away a 3-0 lead and drew 3-3 against Feyenoord in the Champions League. The draw leaves City 15th in the new 36-team group phase in the Champions League. Per Reuters, City is the first team in Champions League history to fail to win a match having led by three goals in the 75th minute. People come here not to remember the success in the past, they come here today to see the team win and perform well. It’s a stark contrast to the defensive resilience in recent seasons that has provided the foundation for several Premier League titles and the first Champions League in the club’s history.
Persons: Pep Guardiola, “ We’ve, ” Guardiola, Erling Haaland, Gündoğan’s, Anis Hadj Moussa Feyenoord’s, Manuel Akanji, Ederson, Santiago Giménez, Jack Grealish’s, Guardiola, Martin Rickett, , Robert Lewandowski, Cristiano Ronaldo, Lionel Messi, Dani Olmo, Germain’s, Kim Min, jae, PSG’s Ousmane Dembélé, Germain, Atalanta Organizations: CNN, Manchester City, Feyenoord, Champions League, Tottenham Hotspur, Premier League, Sport, Reuters, Spurs, Tottenham, League, Citizens, Liverpool, 101st, Paris Saint, Bayern Munich, Bayern, PSG, Manchester, Feyenoord Barcelona, Brest Bayern Munich, Germain Sparta Prague, Madrid Inter Milan, Leipzig Bayer Leverkusen, Salzburg Sporting Clube de Portugal, Arsenal Young Boys Locations: , City, Catalan, Barcelona, Brest, Polish, Paris
Mexico’s president, Claudia Sheinbaum, hit back on Tuesday morning at President-elect Trump’s vow to impose 25 percent tariffs on all products coming into the United States from Mexico, signaling that her country was prepared to respond with retaliatory tariffs of its own. Ms. Sheinbaum also said that raising tariffs would fail to curb illegal migration or the consumption of illicit drugs in the United States, an argument that Mr. Trump had made in his warning on tariffs. “The best path is dialogue,” Ms. Sheinbaum said at her daily news conference, calling for negotiations with the incoming Trump administration while laying out steps that Mexico has already taken to assuage some of Mr. Trump’s concerns. Ms. Sheinbaum, reading from a letter she is planning to send to Mr. Trump, noted that illegal crossings at the border between Mexico and the United States had plunged from December 2023 to November 2024, largely as a result of Mexico’s own efforts to stem migration flows within its own territory.
Persons: Claudia Sheinbaum, Trump’s, Sheinbaum, Trump, ” Ms Organizations: Trump Locations: United States, Mexico
For weeks, the Republic of Ireland looked like a rare Western democracy bent on defying the global trend of tossing out its government. But now, just days before voters cast their ballots on Friday, Ireland’s election has suddenly gotten more interesting. An uncharacteristic misstep by the popular prime minister, Simon Harris, and a bounce back in the polls by the main opposition party, Sinn Fein, has churned the waters. Mr. Harris, a 38-year-old career politician who has been an energetic leader of Fine Gael, is under intense pressure after a brusque exchange with a voter was caught on camera and went viral on social media. The episode, analysts said, could cost Mr. Harris his job as Taoiseach, or prime minister.
Persons: Fianna Fáil, Simon Harris, Sinn Fein, Harris Organizations: Fine Gael, Fianna, Greens, Labour Party Locations: Republic of Ireland, Ireland, Ireland’s
Vice President Sara Duterte said on Saturday that she'd spoken to a hitman to kill her boss and his wife. Philippine Vice President Sara Duterte openly threatened on Saturday to assassinate the country's president, marking the deepest fracture yet in an alliance they once formed for the 2022 election. AdvertisementEduardo Año, national security advisor to the president, added that authorities considered Duterte's threat a "matter of national security." But she also blasted the national security council, saying that its responsibilities related to the safety of the country, not a vice president's remarks about a president. AdvertisementA partnership doomed from the startIn the Philippines, the vice president and president are elected separately and don't necessarily hail from the same party or ideology, though Duterte and Marcos positioned themselves as running mates.
Persons: Sara Duterte, Duterte, I've, Ferdinand, Bong Bong, Marcos, you'll, BBM, Liza Araneta, Martin Romualdez, Eduardo Año, Duterte's, Rodrigo Duterte, Ferdinand Marcos Sr, Ronald Holmes, gunning, , Jorge Tigno, that's, Holmes, Tigno Organizations: of Representatives, voters, De La Salle University, of Education, Lawmakers, University of, Duterte, Senate, Business Locations: Philippines, Manila, China, Southeast
“The dismal outcomes of COP29 … have raised serious concerns about the integrity of the global climate negotiation process,” said Harjeet Singh, of the Fossil Fuel Treaty Initiative. Fossil fuel interests unleashedCOP climate summits are always painstaking and fraught. More than 1,700 fossil fuel industry players and lobbyists registered to attend the summit, heavily outnumbering most country delegations. Climate groups compared the final deal to a band-aid on a bullet wound, and developing countries reacted with fury. Billed as the most important climate summit since Paris, it’s here countries will set out their climate plans for the next 10 years.
Persons: Ilham Aliyev, Rich, , Harjeet Singh, Payam Akhavan, COP29, Mukhtar Babayev, Maxim Shemetov, Donald Trump, , Margaretha Wewerinke, Singh, Akhavan, populists, Friederike Otto, ” CNN’s Ella Nilsen Organizations: CNN, United Nations, Union, COP29 United, Change, Imperial College London, Putin, Co Locations: Baku, Azerbaijan, COP29, US, Paris, Small, States, Russia, Argentina, petrostates, Saudi Arabia, Vanuatu, COP30, Brazil, it’s, petro
R360 is a peer-to-peer networking group for people who have a net-worth of at least $100 million. There's a lot of concern about making sure children don't become spoiled or entitled. They don't want to hand over their wealth to their kids and have money go toward causes they don't support. AdvertisementThe adult children want to fill their parents shoesWe host a group for the adult children of our members. Families are transferring money over a lifetimeOur members aren't afraid to leave their children money.
Persons: Barbara Goodstein, didn't, They've, I've, they're Organizations: New Locations: New York City
William J. Barber II has long been one of America’s most persistent and eloquent spokespersons for poor and working-class Americans. Barber is the recipient of a MacArthur “genius grant” and helps lead the Poor People’s Campaign, which seeks national solutions to ongoing poverty. Barber also done something else: He’s shown Democrats how they can win political victories in red states. He once said, “Racism may target Black people, but it damns a democracy, and it damns humanity.”CNN spoke with Barber about the country’s future in Trump’s impending second term. Critics say Democrats are elitist and look down on working-class people.
Persons: Joe Rogan’s, Kamala Harris, Donald Trump, Harris ’, Trump’s, Trump, Biden’s, William J, Barber, MacArthur, Harris, , it’s, I’m, Andrew Harnik, there’s, we’ve, Scott Olson, , there’d, JD Vance, We’ve, Hillary Clinton, MAGA, Linda Ronstadt, Alex Brandon, It’s, Woodrow Wilson, Wilson, Plessy, Ferguson, Jim Crow, William Barber, Jemal Countess, wasn’t, didn’t, John Blake Organizations: CNN, MLK, Poor, Center, Public Theology, Yale Divinity School, Republican, GOP, Democratic, ” CNN, Democratic Party, Howard University, Getty, Trump, Linda Ronstadt Music, AP, Democrat, Klux Klan, Supreme Locations: America, North Carolina, New York City, Washington, Chicago, Appalachia, Alabama, There’s, Tucson , Arizona, That’s
Such a company would be a major longshot: Loosararian had very little work experience or seed money, and no tech industry connections. After graduating college in 2013, Loosararian co-founded Pittsburgh-based Gecko Robotics. He worked 100-hour weeks to save "$30,000 or $40,000" and fund his startup's first few years of existence, he says. Today, Gecko Robotics is a fast-growing robotics company with $220 million in funding, including a $100 million fundraising round last year that valued Gecko at $633 million. CNBC Make It: Did you immediately believe you had a major tech startup on your hands after building a successful robot in college?
Persons: Jake Loosararian's, might've, he'd, Loosararian, There's, I'm, Aw Organizations: CNBC, Pennsylvania's, Pennsylvania's Grove City College, Robotics Locations: Pennsylvania's Grove, Pittsburgh
Bernie Moreno, Republican U.S. Senate candidate from Ohio, attends a campaign event in Holland, Ohio, on Saturday, October 26, 2024. In total, crypto-related PACs and other groups tied to the industry reeled in over $245 million, according to Federal Election Commission data. Crypto accounted for nearly half of all corporate dollars that flowed into the election, according to nonprofit watchdog Public Citizen. It was one of the top spending committees of any industry this cycle and exclusively gave to pro-crypto candidates running for Congress. "Welcome to America's most pro-crypto Congress ever," Armstrong wrote on X on Nov. 5.
Persons: Bernie Moreno, Moreno, Sen, Sherrod Brown, Tom Williams, Donald Trump, Coinbase, Crypto, Marc Andreessen, Ben Horowitz, David Sacks, " Moreno, Brian Armstrong, Fred Ehrsam, Faryar Shirzad, Armstrong, Ehrsam, Coinbase's Armstrong, Gary Gensler, Brown, Elizabeth Warren, FTX, Fairshake, gunning, Republican Jim Justice, Democratic Sen, Joe Manchin, Katie Porter, Porter, he'd, Horowitz, Sacks, Coinbase's Shirzad, Moreno wasn't, Shirzad, David McIntosh, McIntosh, hasn't, JD Vance's, Sam Bankman, Gensler, Andreessen Horowitz, Cameron, Tyler Winklevoss, Ripple, Chris Larsen, JD Vance, Paul Grewal, Jesse Powell, Trump, Phil Potter, Multicoin Capital's Kyle Samani, Fred Wilson, Charles Cascarilla, Mike Belshe, Solana, Anatoly Yakovenko, Wences Casares Organizations: Republican U.S, Cq, Inc, Getty, Democratic, Banking Committee, Public Citizen, Crypto, House, Securities and Exchange Commission, SEC, Senate, Committee, Republicans, Protect, Fairshake, Defend, Jobs, Republican, New, CNBC, Andreessen, Craft Ventures, Club for Growth, Growth, Politico, PAC, Labs, Senate Inc, Trump, Union Square Ventures, Xapo Bank Locations: Republican, Ohio, Holland , Ohio, Cleveland, Coinbase, U.S, Arizona, Michigan, West Virginia, California, Washington, FTX, Nashville , Tennessee
CNN —Max Verstappen has the chance to add to one of the most entertaining Formula One seasons in recent memory by becoming a four-time World Drivers’ Champion at the Las Vegas Grand Prix. How to watch the Las Vegas Grand PrixThe 22nd race of the 2024 season gets underway at 10 p.m. PT on Saturday/1 a.m. Norris needs to outscore Verstappen by at least three points to extend his challenge to next week’s penultimate race in Qatar. If both fail to score points, Verstappen will be crowned champion. “I just want to focus on the weekend and try to have a good performance,” the 27-year-old said ahead of the race weekend.
Persons: Max Verstappen, McLaren’s Lando Norris, George Russell, Ferrari’s Carlos Sainz, Pierre Gasly, Charles Leclerc, Verstappen, Norris, Lewis Hamilton, Rick Scuteri, McLaren, Oscar Piastri, Ferrari’s Sainz, Leclerc, Russell, Hamilton, , Red Bull, , you’re, , Brit, ” Verstappen, Mark Sutton, Max Organizations: CNN, Las Vegas, Brit, ESPN, International, Red Bull, Austrian, , McLaren, Getty, we’ve, Constructors, Ferrari Locations: British, Sin City, Qatar, Spain, Vegas, Miami –, “ Brazil
The shop, which he ended up renaming Jersey Mike's Subs, has since made him a billionaire. The deal reportedly valued Jersey Mike's Subs at around $8 billion including debt, bumping Cancro's net worth to estimated $7.5 billion, according to Bloomberg. The night his mom suggested he buy the business he'd been working at since he was 14, he laughed, Cancro told Forbes in August. He called the restaurant owner the next day and the owner told Cancro he had a week to find $125,000, Cancro told "The Jedburgh Podcast" in 2021. Cancro became the sole owner of Mike's Subs before even graduating from high school.
Persons: Peter Cancro, he'd, Cancro, Forbes Organizations: Subs, Jersey Mike's Subs, Blackstone, Bloomberg, University of North, Forbes Locations: Pleasant , New Jersey, Jersey, University of North Carolina
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