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☆ Are Black Friday deals worth waiting for? Here’s what to expect this year
▼ + stars: | 2024-11-17 | by ( Jessica Dickler | Jessica Dickler Is A Personal Finance Writer For Cnbc. | ) www.nbcnews.com time to read: +6 min

“Some Black Friday deals are misleading as retailers may inflate original prices to make a deal look like a better value,” said consumer savings expert Andrea Woroch. This year, in particular, some of the deals are already as good as they are going to get. Retailers plan to deliver your holiday deals a little slower this year. Travelers can check out Travel Tuesday deals from 2023 to get an idea of what to expect this year. If an item costs less at another store or popular site, often the retailer will match the price, Woroch said.

Persons: ”, Andrea Woroch, Adam Davis, Patrick Kelleher, Lauren Beitelspacher, ” Beitelspacher, “ we’ve, ” Davis, Lululemon, “, Woroch, ” Woroch Organizations: National, Wells, Wells Fargo Retail Finance, “, Consumers, DHL Supply, North, CNBC, Retailers, Babson College, Nike, ’, Day, Labor, Walmart, Target, Black Locations: Wells Fargo, North America

☆ Are Black Friday deals worth waiting for? Here's what to expect this year
▼ + stars: | 2024-11-16 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

A customer visits Macy's Herald Square store in New York City during early morning Black Friday sales, Nov. 24, 2023. Consumers are increasingly concerned that their online orders may not arrive in time for the holiday — and rightfully so. What discounts to expect on Black Friday"You are easily going to see 20% to 30% off," Davis said — but "not necessarily storewide." What not to buy on Black FridayTypically, Black Friday is a great time to find rock-bottom prices on fall clothing — including flannels, denim, coats and accessories — as well as televisions and consumer electronics. Travelers can check out Travel Tuesday deals from 2023 to get an idea of what to expect this year.

Persons: Kena Betancur, Patrick Kelleher, Lauren Beitelspacher, Beitelspacher, we've, Davis, Lululemon, Woroch Organizations: Macy's Herald, Consumers, DHL Supply, North, CNBC, Babson College, Nike, Day, Labor Locations: New York City, North America

President-elect Donald Trump on Thursday picked Robert F. Kennedy Jr., an anti-vaccine activist who dropped out of the 2024 presidential race and endorsed Trump, to lead the Department of Health and Human Services. "I am thrilled to announce Robert F. Kennedy Jr. as The United States Secretary of Health and Human Services (HHS)," he wrote. "For too long, Americans have been crushed by the industrial food complex and drug companies who have engaged in deception, misinformation, and disinformation when it comes to Public Health." Donald Trump Jr. also shared the news on X. Azar replaced the first Trump-appointed health secretary, Tom Price, who resigned over his use of private jets for government business, costing U.S. taxpayers hundreds of thousands of dollars.

Persons: Donald Trump, Robert F, Kennedy Jr, Trump, Donald Trump Jr, Kennedy, Trump “, ”, —, Ben Carson, Trump's, Bobby Jindal, Sen, Bill Cassidy, “, Richard Besser, “ I’m, ” Besser, Alex Azar, Azar, Tom Price Organizations: Department of Health, Human Services, United, Health, Public Health, Trump, HHS, for Disease Control, Food and Drug Administration, National Institutes of Health, Centers, Medicare, Services, Children’s Health Defense, Louisiana Gov, state's Department of Health, Hospitals, Education, Labor, Pensions, “ RFK, FDA, NBC News, U.S, CNBC Locations: U.S

Trump is also wary of special elections to replace sitting lawmakers, especially in the Senate. has conveyed that he is not interested in entering the Trump administration, according to three sources familiar with the decision. Sessions, an adviser to Trump in 2016, was one of his earliest supporters when Trump elevated him from the Senate to run his Justice Department. The special election to replace him also turned into a centerpiece of Democratic organizing against Trump. Though the GOP won the special election narrowly, Republicans lost Price's congressional seat in the midterms and then watched Georgia turn blue in 2020.

Persons: Donald Trump, Trump, Steven Mnuchin, Ben Carson, Jeff Sessions, recusing, Tom Price, Ryan Zinke of, Roy Moore, Moore, Sen, Eric Schmitt, Marco Rubio, Tom Cotton, Mike Waltz, Mike Pompeo, Trump’s, Cotton, Bill Clark, Donald Trump Jr, ”, Rubio, “, I’m, ” Rubio, Pompeo, Sessions, Price, Zinke, Rick Scott's Organizations: White, Treasury Department, of Housing, Urban, Republican, Trump, CIA, Getty, Trump Jr, coy, NBC’s, Senate, Congress, Justice Department, GOP, Republicans, Interior Department Locations: Alabama, Ryan Zinke of Montana, United States, Georgia

A new Senate report details what went wrong before the assassination attempt against Donald Trump in July. More adults than thought may have an iron deficiency. → After a sniper with local law enforcement texted a Secret Service leader about the man who would soon fire shots at Trump, it took seven minutes for the Secret Service leader to send an email relaying the information and photos. It’s unclear how long it then took other members of the Secret Service to read the email. More coverage of Donald Trump:The Senate unanimously passed legislation to boost Secret Service protection for presidential candidates.

Persons: Donald Trump, Trump, Abbott, Costello, Who’s, ”, Democratic Sen, Richard Blumenthal, ” Blumenthal, Ryan Routh, Helene, Ron DeSantis, “, Leo Buckley, Kamala Harris, Sen, JD Vance, Harris, Chuck Todd, Elise Stefanik, ” Israel, Brett Favre’s, Emmanuel Littlejohn, Kenneth Meers, he’s, Sean “ Diddy ” Combs, Eunice Yoon, — Jennifer Jett, Elizabeth Robinson Organizations: Senate Homeland Security Committee, Investigations, Secret Service, Democratic, Service, Trump, Top U.S, Florida Gov, NBC, Republican, GOP, NBC News, The Justice Department, Visa, of Fame, U.S . Forest Service, CNBC, White Locations: U.S, Butler , Pennsylvania, Trump’s Florida, Iran, Florida, Mexico, Bend, Pittsburgh, Haitian, Springfield , Ohio, Lebanon, Tel Aviv, Oklahoma, drugging, Shenzhen, China, Asia

SHENZHEN, China — Chinese vendor Yin Xinwei sometimes makes close to $1,400 a day selling low-priced pill boxes, barbecue spits and other items to U.S. online consumers. Each year hundreds of millions of packages, mostly from Chinese platforms, are sent directly to American consumers eager to take advantage of rock-bottom prices on clothing, electronics and other products. That could mean painful times ahead for the Chinese sellers that supply the platforms — and higher prices for American consumers. Chinese state media has criticized the proposal as protectionist and say it will hurt American consumers. Yin used to sell to Chinese consumers but has given up his domestic business to focus entirely on the overseas market.

Persons: Yin, ”, ” Yin, David Townsend, Dorsey, Trump, Biden, ” Townsend, Temu, “, Jacky Lu, Shein, Eunice Yoon, Jennifer Jett Organizations: CNBC, Whitney, PDD Holdings, White, U.S . Customs, U.S Locations: SHENZHEN, China, Shenzhen, United States, U.S, Singapore, Boston, Hong Kong, Europe, “

☆ A stretch of Florida beaches has soared from a lesser-known gem to 'the Hamptons of the South'
▼ + stars: | 2024-08-24 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

This story is available exclusively to Business Insider subscribers. A decade ago, those visitors were mostly from Southern cities within driving distance, like Atlanta and Nashville, local real-estate agent Beau Blankenship told Business Insider. Sunset over Rosemary Beach, Florida, in 30A. The boom, Stewart told Business Insider, had two inflection points. Advertisement"There'd be a few vacant lots, and then a house surrounded by trees and brush," he told Business Insider.

Persons: —, Mexico —, Beau Blankenship, It's, Rosemary, Barry Winiker, Blankenship, Alys, Christian Blouin, Kemp Stewart, Rosemary Beach, Stewart, Truman, Kemp, hasn't Organizations: Service, Panama City Beach, Business, Hamptons, Street, The New York Times, Management, BI Locations: Florida, Rosemary, Seaside, Santa Rosa, Mexico, Destin, Panama, Southern, Atlanta, Nashville, Salt Lake City , Utah , Colorado, Walton County, Rosemary Beach , Florida, Inlet Beach, Chicago, Montana, Santa Rosa Beach, Oklahoma, Alys

GLD 5Y mountain GLD The SPDR Gold Shares ETF is the world's largest, with BlackRock's iShares Gold Trust and iShares Physical Gold ETC the second and third, respectively. Other top physical gold ETFs include the Borse Commodities GmbH Xetra-Gold and the SPDR Gold MiniShares Trust . Gold mining ETFs Buying gold mining ETFs — which own shares of multiple gold mining companies — is another way to get exposure to gold, and Meyer described those backed by large banks as "relatively safe," in an email to CNBC. "Even though gold equities respond to changes in gold price, the degree of that response has deteriorated over time," he said, adding that the risks and costs of gold extraction can weigh on miners. A selection of gold bars and one-ounce gold coins at Gold Investments Ltd. bullion dealers in London, UK, on Tuesday, May 21, 2024.

Persons: Tom Price, Price, Berenberg, Robin Bhar, Amy Arnott, John Meyer, Colin Hamilton, BlackRock's, Meyer, Barrick Gold Panmure Liberum, George Milling, Stanley, they're, Morningstar's Arnott, Bhar, Chris Ratcliffe Organizations: CNBC, Panmure, Bank of America, Citi, UBS, Gold, Morningstar, SP, CNBC Pro, Royal Mint, BMO Capital Markets, Borse Commodities, MiniShares, Gold Miners ETF, Miners, Barrick, Resolute Mining, Hochschild, Caledonia Mining, Barrick Gold Panmure, Endeavour Mining, Endeavour, Pan, Resources, State Street Global Advisors, Gold Investments, Bloomberg, Getty Locations: Panmure Liberum, U.S . New York, United States, U.S, Hochschild Mining, Zimbabwe, London, West Africa, Berenberg

☆ Scammers are using delivery apps like Instacart to swindle customers and delivery workers out of money
▼ + stars: | 2024-05-11 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Read previewSome Instacart shoppers are the targets of a scam centered on gift cards. "Within 30 seconds, I got a message about buying the Vanilla Visa gift card," she said. Instacart forbids shoppers from adding gift cards to orders, a screenshot of the company policy seen by BI indicates. "Customers are not able to order gift cards through the Instacart platform or place a special request for a gift card via chat," an Instacart spokesperson told BI. AdvertisementInstacart also tells shoppers not to purchase gift cards for customers, the spokesperson added.

Persons: —, they've, Instacart, Jim, itsjwest, Heidi Bleau, Bleau Organizations: Service, Business, Walgreens, BI Locations: Massachusetts, cologne

☆ It’s not just the Super Bowl. Catching a game is becoming unaffordable
▼ + stars: | 2024-02-04 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

In 2023, the average NFL ticket climbed 8.6% to $120, according to Team Marketing Report, a sports market research company. Allegiant Stadium in Las Vegas, home of the Super Bowl, is the third smallest NFL stadium. The closing of the upper deck in Oakland helped the Athletics raise ticket prices during the early 2000s, for example. Five of the most recent seven NFL stadiums have seating for 71,000 or less. Relatively small, that ranks it 27th out of 30 NFL stadiums in capacity.

Persons: ”, Victor Matheson, Lionel Messi’s, Todd Kirkland, ” Matheson, Kirby Lee, Dennis Coates Organizations: New, New York CNN, Super, NFL, College of, Nebraska, Lionel Messi’s MLS, Atlanta Braves, Bureau of Labor Statistics, BLS, Ticketmaster, New York Yankees, USA, Reuters, Athletics, Oakland, Las, University of Maryland, Minnesota Twins, Florida Marlins, NFL’s Raiders, Kansas City Chiefs, San Francisco 49ers Locations: New York, Las Vegas, Oakland, Baltimore County

☆ US drug shortages are forcing ‘impossible choices’ for Americans, experts tell Senate committee
▼ + stars: | 2023-12-05 | by ( Jen Christensen | ) edition.cnn.com time to read: +7 min

Anderson Cancer Center in Houston, Dr. Jason Westin regularly witnesses the power of lifesaving cancer drugs. But because generic cancer drugs are often in shortage in the United States, he says, he and his patients have been put in a terrible position. Makers of generic drugs don’t have to share information about the supply chain, so buyers currently choose based only on price. Hernandez told the Senate committee that of the top 50 generic drugs paid for by Medicare Part D, 16 were marked up 1,000% or higher. Until there is some kind of legislation that addresses drug shortages, Wosińska and the other experts agreed, they will continue.

Persons: Jason Westin, ” Westin, that’s, they’d, Sen, Marsha Blackburn, Mike Crapo, Generics, ” Crapo, “, ”, Crapo, Inmaculada Hernandez, ” Hernandez, Dr, Marta E, it’s, ” Wosińska, Ron Wyden, ” Wyden, Hernandez, Sanjay Gupta Organizations: CNN, Anderson Cancer Center, US, Finance, Vanderbilt, Tennessee Republican, Food and Drug Administration, Westin, Skaggs School of Pharmacy, Pharmaceutical Sciences, University of California, Centers, Medicare, Medicaid Services, Brookings Institution, CNN Health Locations: M.D, Houston, United States, Nashville, Idaho, China, India, San Diego, Oregon, generics

☆ Wealth Assistants claimed it would help its clients make money on Amazon. Clients said they 'lost everything' instead.
▼ + stars: | 2023-11-30 | by ( Madeline Stone | Jack Newsham | ) www.businessinsider.com time to read: +17 min

Wealth Assistants also said that if clients didn't break even in the first year, they would get their money back. BI spoke with 16 people who invested between $35,000 and $100,000 each to work with Wealth Assistants and said they lost their money. Ten days later, Wealth Assistants said it laid off its roughly 75 employees and planned to shut down by December 1. Selling customers on the entrepreneur lifestyleMany Wealth Assistants clients said they were drawn by the opportunity to generate passive income. Cart.com sent Wealth Assistants a formal notice of termination in the fall after Wealth Assistants stopped paying its invoices earlier in the year, the representative said.

Persons: Mike Wimmer, Wimmer, they're, I'm, Ryan Carroll, Max K, Max O, —, Carroll, Carroll didn't, we're, Tina Luk, breakeven, Seth Hamilton, Andrew Pou, Suzy Arriola, Saheb Sabharwal, Cart.com, Moe O'Neil, weren't, Max, you've, it's, they've, We've, we've, Madeline Stone, Jack Newsham Organizations: Business, ., Federal Trade Commission, Amazon, Products, Nobu Dallas, Lamborghini, Facebook, Wealth, BI, FTC, DK Automation Locations: China, Texas, Nobu, California, Houston, Pennsylvania, mstone@insider.com

☆ Low Platinum Prices Show How Banking on Miners Could Threaten the Energy Transition
▼ + stars: | 2023-11-15 | by ( Yusuf Khan | ) www.wsj.com time to read: +5 min

Platinum is used to make the electrolyzers that produce hydrogen and the sharp down cycle in South Africa’s platinum mining sector demonstrates the risk that low prices and lack of investment could slow the energy transition. Prices for other commodities have also fallen, while miners have been complaining of rising costs and seem to be limiting their capital expenditures. Photo: michele spatari/Agence France-Presse/Getty ImagesFor the mining sector, cyclical returns are nothing new. Ray said many South African PGM miners are now selling their output at close to the cost of production, eating away at profitability. “To the extent that PGM prices stay at current levels, I would not be surprised to see more supply-side reaction,” Ray said.

Persons: Waldo Swiegers, ”, Tom Price, michele spatari, We’ve, ” Emma Townshend, ” Townshend, Raj Ray, Ray, ” Ray, ” Implats’s Townshend, Implats, Yusuf Khan Organizations: Bloomberg, Liberum, Agence France, PGM, Times, Business, BMO Capital Markets, Metals Locations: Sibanye, Africa, Johannesburg, Stillwater, South, South Africa, Marikana, U.S, China, Europe, Implats

Data released on Thursday showing a drop in consumer prices to their lowest since the COVID-19 pandemic has increased the doubts in China's economic rebound after some months of indicators showing growth stabilising. China's big online shopping platforms did not release final sales figures for 2022, when analysts said COVID-19 restrictions inhibited spending and consumer confidence. Some indicators point to a slowdown in Singles Day sales. Data provider Syntun estimated e-commerce platforms sold 311 billion yuan of products from Oct. 31 to Nov. 3, a 7.1% decrease year-on-year. For Tan Jiapeng, a 35-year-old office worker in Beijing, his only Singles Day purchase so far has been a Descente winter jacket, an "essential purchase" for the winter.

Persons: Florence Lo, Jason Yu, Kantar, COVID, Bain, Jacob Cooke, Nomura, Tan Jiapeng, Tan, Casey Hall, Sophie Yu, Marius Zaharia Organizations: REUTERS, Rights, HK, PDD Holdings, Company, Technologies, Thomson Locations: Rights BEIJING, China, Beijing

☆ Singles Day: China’s e-commerce giants try to lure reluctant consumers with ‘truly low’ prices
▼ + stars: | 2023-11-09 | by ( Manav Tanneeru | Laura He | ) edition.cnn.com time to read: +6 min

The Singles Day festival, also known as “Double 11,” was created by Alibaba in 2009 and has turned into a weeks-long shopping bonanza in China. To lure them, e-commerce platforms are offering rock bottom prices this Singles Day. “While the government is looking for solid consumption growth, consumer spending is hampered by both lower household income growth and weak consumer confidence,” said Louis Kuijs, chief Asia economist at S&P Global Ratings. This is a real downgrade in consumption,” the user said, adding she hadn’t yet spent any money during the current Singles Day. “Some promotions are fake,” said another user under the name “Nyanko.” “Merchants have raised prices before cutting them for Singles Day.

Persons: ”, Alibaba, Alibaba’s, JD.com’s, Pinduoduo’s, ” “, Alicia Yap, Zhejiang province Hu Xiaofei, Louis Kuijs, ” Kuijs, Jacob Cooke, “, ” Cooke, Cooke, John Donahoe, Lululemon Organizations: Hong Kong CNN, Companies, Citi, “, China’s, Technologies, Bain and Company, Pinduoduo, Nike, . Company, Starbucks Locations: China, Hong Kong, Beijing, Jinhua, Zhejiang province, Asia

Alibaba's Taobao and Tmall Group did not respond to a request for comment. This year's Singles Day event is also the first since Alibaba Group split into six business units. This view is supported by recent polls on social media where the majority of respondents said Singles Day was no longer necessary. Meara He, a 21-year-old student from Wenzhou, says she often shops using Douyin live-streams and this year, "doesn't care" about Singles Day as much. "In the past I would wait for Double 11 (Singles Day) and do some shopping, but this time I just plan to buy products that I need," she said.

Persons: Alibaba, Pinduoduo, Josh Gardner, Alibaba's, Ashley Dudarenok, AlixPartners, Douyin, Melody Zhao, Casey, Sophie Yu, Brenda Goh Organizations: PDD Holdings, Kungfu, Tmall, Administration, Market, ByteDance, Alibaba, Suisse, Industry, Hua Gui Food Group, Casey Hall, Thomson Locations: SHANGHAI, HK, China, Wenzhou, Shanghai, Beijing

[1/2] The logo of Temu, an e-commerce platform owned by PDD Holdings, is seen on a mobile phone displayed in front of its website, in this illustration picture taken April 26, 2023. Shein's lawsuit against Temu, filed last December in the U.S. District Court for the Northern District of Illinois, alleged that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts. In July, Temu filed its own lawsuit in Boston federal court, accusing Shein of violating U.S. antitrust law in its dealings with clothing manufacturers. Temu's complaint alleged Shein "forces manufacturers to sign loyalty oaths certifying that they will not do business with Temu." Temu, whose parent company PDD Holdings also owns Chinese shopping platform Pinduoduo, similarly sells low-priced clothing but is equally well known for stocking cheap headphones and home appliances.

Persons: Florence Lo, Shein, Temu, Casey Hall, Christian Schmollinger Organizations: PDD Holdings, REUTERS, Rights, Northern, Northern District of, Temu, HSBC, Thomson Locations: U.S, Chicago, Boston, Northern District, Northern District of Illinois, China, Europe, Asia

Homes a tenth the size of Mar-a-Lago on tiny inland lots sell for that in the Town of Palm Beach, a wealthy island enclave. It is also a club, private beach resort, historical artifact and banquet hall with a ballroom that features gold leaf. The much smaller Palm Beach compound once owned by the Kennedy political dynasty sold for $70 million three years ago. SO HOW DID PALM BEACH COUNTY COME UP WITH SUCH A LOW TAX ASSESSMENT? If Mar-a-Lago had a $1 billion assessed value, it’s property tax bill would be approximately $18 million.

Persons: Donald Trump's Mar, Trump, Judge Arthur Engoron, Liza Pulitzer, ”, Pulitzer, Brown Harris Stevens, Rob Thomson, Marjorie Merriweather Post, E.F, Hutton, Richard Nixon, Gerald Ford, Jimmy Carter, Mona Lisa, Renoir, Eli Beracha, Lago, ” Beracha, Thomson, Kennedy, Becky Robinson, Jared Moskowitz, Robinson, Letitia James, James, — Organizations: New, Palm, Trump, Waterfront Properties, Historic Landmark, Post, Mar, Florida, Hollo, Real, U.S . Rep, South, South Florida Democrat, Trump , New York Locations: FORT LAUDERDALE, Fla, York, Florida, Palm Beach, Intracoastal Waterway, Post, Mar, Lago, summering, New Jersey, Trump, South Florida, Trump ,, New York

☆ Planet Fitness races against rate hikes
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +2 min

View of the Planet Fitness logo at the their location in Clifton, New Jersey, U.S., January 6, 2023. REUTERS/Jennifer Saba Acquire Licensing RightsNEW YORK, Sept 18 (Reuters Breakingviews) - Planet Fitness (PLNT.N) is struggling to adapt to a high-interest-rate diet. Under Rondeau, Planet Fitness benefited from a post-pandemic exercise rebound, notching annual sales growth of over 40% in the last two years as location count expanded by 13%. Its stock is up 32% this year, while Planet Fitness’s is down by roughly the same amount. Life Time boss Bahram Akradi said his old approach of keeping prices low was a “mistake.” Planet Fitness can fix the same error.

Persons: Jennifer Saba, Chris Rondeau, Rondeau, Fitness’s, Bahram Akradi, Anita Ramaswamy, Jonathan Guilford, Sharon Lam, Aditya Sriwatsav Organizations: REUTERS, Reuters, Planet, X, Thomson Locations: Clifton , New Jersey, U.S

☆ Ukraine's frontline farmers face Russian rockets and rock-bottom prices
▼ + stars: | 2023-08-15 | by ( Vladyslav Smilianets | ) www.reuters.com time to read: +2 min

REUTERS/Viacheslav RatynskyiVELYKOMYKHAILIVKA, Ukraine, Aug 15 (Reuters) - Less than 30 km (19 miles) from Ukraine's southeastern front line, rural farmers whose businesses have survived Russian rockets now fear another hammer blow to their livelihoods: rock-bottom prices for their harvest. "The price (for crops) is not acceptable for the farmers. The farmers of Velykomykhailivka must juggle their worries about collapsing prices and export difficulties with the prospect of more Russian missiles crashing into their farms. We won't have any profit this year with such storages and crop prices." Reporting by Vladyslav Smilianets; Writing by Max Hunder; Editing by Tom Balmforth and Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.

Persons: Mykola, Krut, Vladyslav Smilianets, Max Hunder, Tom Balmforth, Conor Humphries Organizations: Local, Russian, REUTERS, Reuters, UN, Thomson Locations: Ukraine, Velykomykhailivka, Dnipropetrovsk region, VELYKOMYKHAILIVKA, Russian, Dnipropetrovsk, Moscow

☆ Satellite reunion creates a bit of breathing space
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +2 min

Dish Network Chairman Charlie Ergen speaks during Google's annual developers conference in San Francisco, California May 20, 2010. Dish Network Corp, the No. Some 15 years after the 70-year-old billionaire initially cleaved his satellite empire, he unveiled an all-stock deal Tuesday to reunite Dish Network (DISH.O), the $4.5 billion pay-TV operator, with the smaller EchoStar (SATS.O) infrastructure business. Dish shareholders, who will own 69% of the enlarged entity, are issuing stock at a rock-bottom price for the privilege. If nothing else, though, the modest 13% premium they’re offering to EchoStar shareholders buys some valuable time.

Persons: Charlie Ergen, It’s, Jeffrey Goldfarb, Peter Thal Larsen, Sharon Lam Organizations: Dish, Dish Network Corp, Sprint Nextel Corp, Reuters, Nasdaq, Twitter, Siemens, Thomson Locations: San Francisco , California

☆ Warren Buffett's wife balked at paying $4 for a cup of coffee. That won't surprise the investor's close followers.
▼ + stars: | 2023-07-15 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Warren Buffett's wife reportedly balked at the $4 cost of a coffee at Sun Valley. Buffett lives simply, seeks value as an investor, and strikes a hard bargain when he cuts deals. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Her reaction won't surprise close followers of Buffett, or shareholders of his Berkshire Hathaway conglomerate. Indeed, Buffett still lives in the same house in Omaha, Nebraska that he purchased for $31,500 in 1958.

Persons: Warren Buffett's, Astrid Menks, Buffett, Warren Buffett, He's, Charlie Munger, —, Munger, They're, Alleghany, Goldman Sachs Organizations: Service, New York Post, Berkshire Hathaway, Berkshire, Alleghany Locations: Sun, Wall, Silicon, Berkshire, Omaha , Nebraska, Munger, Los Angeles, Omaha

☆ H&M is selling $1.70 crop tops to compete with Shein
▼ + stars: | 2023-06-30 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

H&M is selling some crop tops for $1.70. H&M appears to taking a more aggressive pricing strategy in response to the threat from Shein. One of the crop tops, which comes in black and white, was marked down on Friday by nearly 70% from $4.99. Shein, the Singapore-based online retailer, first surged in popularity during the pandemic when customers were scouring for affordable retailers. A spokesperson for H&M declined to comment on when the brand started discounting tops to as low as $1.70.

Persons: —, Shein, Zara, Temu Organizations: Service, Street Journal, Google, UBS, Shein, Bloomberg Locations: Singapore, Shein

☆ Putin has a secret plan to squeeze Western companies as they leave Russia by seizing their assets at bargain prices, report says
▼ + stars: | 2023-06-15 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

According to the report, the measures are designed to punish countries that seize Russian assets, and reward those which don't. Western companies that've stayed in Russia have made significant profits there, indirectly helping the Kremlin fund its war. Western companies collectively contributed more than $3.5 billion to the Russian state in 2022, Russian independent outlet Novaya Gazeta reported. The new measures Putin signed could be interpreted as a way of making it more difficult for firms to leave. Earlier in June, the Russian government sought to raise $4 billion by imposing a windfall tax on large Russian companies, Insider reported.

Persons: Putin, —, Vladimir Putin, they'd, that've, Dmitry Peskov, Peskov Organizations: Service, Financial Times, McDonalds, Ikea, Kremlin, Novaya Gazeta Locations: Russia, Ukraine, Russian, AFP

☆ I save $10,000+ a year on airfare by booking with miles, and I've found the best US airport for flights to Israel (and Europe) at rock-bottom prices
▼ + stars: | 2023-05-12 | by ( Joseph Hostetler | Jasmin Baron | Credit Cards Reporter | ) www.businessinsider.com time to read: +27 min

Read Insider's guide to the best travel rewards credit cards. You might even already have a large stash of them if you have a travel rewards credit card — even if you've never heard of them. Chase Sapphire Preferred® Card 4.4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.4 out of 5 Stars A tooltip Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. Apply nowChase Sapphire Preferred® Card 4.4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.4 out of 5 Stars A tooltip Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. Show more Regular Annual Percentage Rate (APR) 20.74% - 27.74% Variable Editor's Rating 4.4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.4 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available.

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