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☆ Asset manager says China's 'extreme valuations' look ideal for stock picking
▼ + stars: | 2024-11-15 | by ( Shafi Musaddique | ) www.cnbc.com time to read: +1 min

That's the view of Caroline Cai, CEO of U.S.-based Pzena Investment Management. "This is really for the first time in the last seven, eight years where we think you're getting paid to expose yourself to China," Cai told "CNBC Squawk Box Asia" this week. The investment firm has ramped up its exposure to Chinese equities in the last two years. "It's not because we have a particularly positive view on longer term Chinese macro, we kind of think things are pretty challenging. "Our view is, if the risk is obvious to everyone, at least you're getting paid to take some exposure," she added.

Persons: Caroline Cai, Cai, we're, Adam Coons, CNBC's Organizations: Pzena Investment Management, CNBC, Winthrop Capital Management, People's Bank of China Locations: China

☆ Pzena IM CEO: Excited about opportunities in China, Japan
▼ + stars: | 2024-11-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPzena IM CEO: Excited about opportunities in China, JapanCaroline Cai, CEO of Pzena Investment Management, explains why she believes upping your exposure to Chinese equities is worth the risk.

Persons: Japan Caroline Cai Organizations: Pzena Investment Management Locations: China, Japan

☆ Trump campaign denies and revokes journalists’ election night credentials after critical coverage
▼ + stars: | 2024-11-05 | by ( Hadas Gold | Kristen Holmes | ) edition.cnn.com time to read: +3 min

New York CNN —Journalists from multiple news organizations have been denied credentials to former President Donald Trump’s election night watch event in West Palm Beach, Florida, in retaliation for their coverage of Trump’s campaign. Reporters at Politico, Axios, Puck, Voice of America and Mother Jones were among those denied credentials. Some, like Politico, had been previously granted access to the Tuesday night event only to have the decision reversed. But around the time Palmeri published a piece about “anxiety” within the Trump campaign, her credential was denied. The Trump campaign and his former administration have a history of revoking credentials for reporters, often in retribution over their coverage.

Persons: Donald Trump’s, Mother Jones, Tara Palmeri, Brian Williams, Trump, ” Puck, Jon Kelly, Chris LaCivita, “, ’, ” LaCivita, ”, Sophia Cai, Aja Whitaker, Moore, Jim Acosta’s Organizations: New, New York CNN, Journalists, Politico, Axios, of America, CNN, Trump, Voice of America, Trump White House Locations: New York, West Palm Beach , Florida, White

☆ China on track to record lowest number of new marriages since 1980, official data shows
▼ + stars: | 2024-11-04 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

Some 4.74 million Chinese couples registered their marriages in the first three quarters of 2024, a decrease of 16.6% from the 5.69 million recorded in the same period last year, according to data released by the Ministry of Civil Affairs on Friday. A rebound in marriages last year after stringent Covid restrictions were lifted appears to be an anomaly largely driven by pent-up demand. Many are postponing marriage and childbirth – and a growing number of young people even choose to eschew them entirely. The stubborn downward trend is also a result of changing attitudes to marriage, especially among young women who are becoming more educated and financially independent. In the first nine months of this year, some 1.96 million couples registered for divorces, a slight decline of 6,000 year-on-year, according to data from the Ministry of Civil Affairs.

Persons: ”, Cai Jingyu, – Organizations: Hong Kong CNN, Ministry of Civil Affairs, Association, China isn’t Locations: Hong Kong, China, Beijing, People’s Republic, India, Shenyang Imperial, Shenyang, Japan, South Korea

☆ China’s new crew arrives at space station in sign of growing influence in space field
▼ + stars: | 2024-10-30 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

The team of two men and one woman will replace the astronauts who have lived on the Tiangong space station for the last six months, conducting a variety of experiments and maintaining the structure. China built its own space station after being excluded from the International Space Station, mainly because of U.S. concerns over the overall control over the space program by the People’s Liberation Army, the Chinese Communist Party’s military arm. China’s moon program is part of a growing rivalry with the U.S. and others, including Japan and India. Besides putting a space station into orbit, the Chinese space agency has landed an explorer on Mars. China’s space authorities say they have measures in place in case their astronauts have to return to Earth earlier.

Persons: Cai Xuzhe, Lingdong, Wang Haoze, Wang, Adek Berry, Ng Han Guan Organizations: China Aerospace Science, Technology Corporation, Getty, China Central Television, International, People’s Liberation Army, Communist, U.S, NASA, Soviet Union Locations: JIUQUAN, China, United States, AFP, Japan, India, U.S, Russian

☆ Groundbreaking telescope reveals first piece of new cosmic map
▼ + stars: | 2024-10-26 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

Astronomers have never detected dark matter, but they believe it makes up about 85% of the total matter in the universe. Meanwhile, the existence of dark energy helps researchers explain why the universe is expanding — and why that expansion is speeding up. A prime example is the European Space Agency’s wide-angle Euclid telescope that launched in 2023 to investigate the riddles of dark energy and dark matter. Euclid this week delivered the first piece of a cosmic map — containing about 100 million stars and galaxies — that will take six years to create. These stunning 3D observations may help scientists see how dark matter warps light and curves space across galaxies.

Persons: Jackie Wattles, I’m, Vera C, Sarah Gillis, John Kraus, Chenyang Cai, Everest, NASA hasn’t, gazers, Ashley Strickland, Katie Hunt Organizations: CNN, ESA, US National Science Foundation, Stanford University, Rubin, SpaceX, SpaceX Polaris, Polaris, NASA, Boeing, CNN Space, Science Locations: Chile, Uzbekistan, Norway, Myanmar, Florida

☆ Firefly fossil reveals a previously undiscovered species that flickered during the time of dinosaurs
▼ + stars: | 2024-10-24 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +5 min

And now scientists have confirmed a new one: Diverse firefly species lit up the night during the late Mesozoic. The discovery comes from a fossil of an ancient firefly species that was initially discovered in 2016, trapped in 99 million-year-old Burmese amber from northern Myanmar. The beetle is only the second firefly species from the Mesozoic to be identified. Because only one other Cretaceous firefly species has been identified, “this new species can be used to revisit the (July 2022 study) to better date the evolution of fireflies given the new evidence,” he added. Firefly diversityThere are more than 2,000 firefly species found today, according to the Natural History Museum in London.

Persons: Flammarionella, ”, Chenyang Cai, Cai, Oliver Keller, Ann Arbor, ” Keller, Keller, Camille Flammarion, Robin Kundrata, Kundrata, ” Kundrata Organizations: CNN, Royal Society, Biological Sciences, Nanjing Institute of Geology, Chinese Academy of Sciences, University of Michigan, Palacký University Olomouc Locations: Myanmar, Beijing, Ann, London, Czech Republic

☆ Inside Substack's emerging IRL event strategy as the platform expands beyond its newsletter roots
▼ + stars: | 2024-10-09 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +9 min

We spoke with Sophia Efthimiatou and Matt Starr, Substack's duo paving the platform's IRL strategy. hosted "Hate Read Live," where several contributors behind Cai's "Hate Reads" newsletter read excerpts at a bar in New York. September: Casey Lewis hosted "Debate Club," the first iteration of Substack's "Stacked Debate" series, in a gymnasium featuring several Substack writers. hosted "Debate Club," the first iteration of Substack's "Stacked Debate" series, in a gymnasium featuring several Substack writers. Substack's events are a playground for promoting these tools.

Persons: Substack, Sophia Efthimiatou, Matt Starr, —, I'm, Casey Lewis —, Lewis, John Paul Brammer, Kareem Rahma, Nolita Dirtbag, Randa Sakallah, Casey Lewis, Anna Maria Lopez, Hunter Harris, Rayne Fisher, Efthimiatou, Starr, Emma Trim, Delia Cai, Cai's, Tavi Gevinson, Mary Gaitskill, Quann, Emilia Petrarca, Jessica DeFino, Fisher, Emily Sundberg, Substack's, Hamish McKenzie, McKenzie, podcaster Dwarkesh Patel Organizations: IRL, Service, Press, Substack, Business, The New York Times, Hotel Chelsea, New York, Democratic, Convention Locations: New York, New York City, Substack, New, Montauk , New York, San Francisco, inboxes

☆ Influencers are shepherding their online followers to IRL events as they look to build communities and make money
▼ + stars: | 2024-09-25 | by ( Amanda Perelli | Sydney Bradley | ) www.businessinsider.com time to read: +9 min

Vox Media has also doubled down on investing in podcasting and is helping its podcast creators expand into live events. Jackie Cinguina, chief marketing officer, and Lillian Xu, executive director, spoke with BI about the company's offerings for podcast creators. Vox Media leans on specific marketing, like placing podcast talent into larger in-person events to perform, like South by Southwest. "From an audience standpoint, we thought it was really important," Xu said about bringing back live events. You see them react to the audience and feed off of them when they are in front of a live audience."

Persons: —, Cary, Michael Huang, Cary Huang, Huang, Tana Mongeau, Brooke Schofield, Jake Shane, Ethan, Hila Klein, Mongeau, Schofield, Hugo Amsellem, it's, Jenna Bandy, Bree Green, Carson Roney, Alex Sheinman, Claire Parker, Ashley Hamilton, Parker, Hamilton, cohost Claire, Dan Howell, Phil Lester, Howell, Lester, Ariana Nathani, Jackie Cinguina, Lillian Xu, Cinguina, Vox, Xu, they're, Delia Cai, Hunter Harris, Emilia Petrarca, Sophia Efthimiatou, Efthimiatou Organizations: Service, Saban Media Center, Disney, Nickelodeon, YouTube, Business, Dolby Theatre, Snapback Agency, Snapback, of, Creators, Netflix, Vox, Vox Media, BI, Southwest, IRL Locations: Hollywood, LA, America, of America, York, Hamilton, South

☆ Photos: Asia’s most powerful storm Typhoon Yagi wreaked havoc in Vietnam, Thailand
▼ + stars: | 2024-09-13 | by ( Kathleen Magramo | Noemi Cassanelli | ) edition.cnn.com time to read: +3 min

After hitting the Philippines, where it killed more than a dozen people, it churned westwards towards southern China and shortly after parts of Vietnam, Thailand, Myanmar and Laos. Rescue teams pick up schoolchildren and residents in Chiang Rai, Thailand on September 12, 2024. Lillian Suwanrumpha/AFP/Getty ImagesFlood waters surround an entire neighborhood in the northern Thai city of Chiang Rai on September 12, 2024. Nhac Nguyen/AFP/Getty ImagesRescue officials clean up debris from a landslide in a remote mountainous village in Vietnam's northwestern Lao Cai province on September 12, 2024. Stringer/AFP/Getty ImagesVillagers wade through waist-deep floodwaters in Taungoo in Myanmar's Bago region on September 12, 2024.

Persons: Yagi, Chiang Rai, Lillian Suwanrumpha, Nhac Nguyen, Stringer, Sai Aung, Huang Yun, Lei Wenzhen, Eloisa Lopez Organizations: CNN, Reuters, Getty, Getty Images, Tropical Locations: China, Southeast Asia, Philippines, Vietnam, Thailand, Myanmar, Laos, Vietnam’s Phu Tho, Chiang, Chiang Rai, AFP, Thai, Hanoi, Vietnam's, Lao Cai province, Taungoo, Myanmar's Bago, Bago, Sai, Nanning, Guangxi Zhuang Autonomous Region, Pampanga

HANOI, Vietnam — A flash flood swept away an entire hamlet in northern Vietnam, killing 22 people and leaving dozens missing as deaths from a typhoon and its aftermath climbed to 141 on Wednesday. Vietnamese state broadcaster VTV said the torrent of water gushing down from a mountain in Lao Cai province Tuesday buried Lang Nu hamlet with 35 families in mud and debris. Floods and landslides have caused most of the deaths, many of which have come in the northwestern province of Lao Cai, bordering China, where Lang Nu is located. Lao Cai province is also home to the popular trekking destination of Sapa. Many roads in the province were blocked by landslides and unrelenting rainfall, said Sapa tour guide Van A Po.

Persons: VTV, Lang, Yagi, Lao Cai, Van, Nguyen Van Luong, ” Organizations: Sapa, Tourism Locations: HANOI, Vietnam, Lao Cai, Lao, China, Sapa

Frame by Frame, Moments From the Summer GamesScroll to continuePhotographs and composite image by Jeremy WhiteAt the Summer Olympics, the critical moments that decide who wins or loses often flash by in the blink of an eye. Below, we revisit some of the most visually stunning scenes captured by New York Times journalists, frame by frame. Photographs and composite image by Weiyi CaiA Grand Stage The lavish Grand Palais played host to fencing when the Games began and has since transformed into the taekwondo venue. Photographs and composite image by Jeremy WhiteWomen’s 3-on-3 Basketball Sonja Greinacher of Germany celebrates with her teammates after their gold-medal win in 3-on-3 basketball. Photographs and composite image by Jeremy White

Persons: Jeremy White, Lian Junjie, Yang Hao, Weiyi Cai, LeBron James, Bedel, D’Amato, Simone Biles, Sunisa Lee, Little, Steve Guerdat, de, Lena Stojkovic, Merve Dincel, Joe Ward, Yoshizawa, Jeremy White Women’s, Sonja Greinacher, Greinacher Organizations: Summer, New York Times, Serbia, Tokyo Games, Eiffel, Palais, Games, Croatia, Germany, Spain Locations: China, United States, Brazil, Boulder, Slovenia, Italy, of Versailles, Los Angeles, Switzerland, Turkey, Germany

☆ How the US artistic swimming team trains for the Olympics
▼ + stars: | 2024-08-09 | by ( Maggie Cai | Brittany Stephanis | ) www.businessinsider.com time to read: 1 min

The US artistic swimming team has made a comeback by qualifying for the Olympics for the first time in 16 years. They're led by coach Andrea Fuentes, a four-time Olympic medalist and a 16-time world championship medalist. We follow the team through their demanding training regimen as they prepare for their final event before the 2024 Paris Olympics. One of the key parts of training is repetition, running the routine over and over again. This story is available exclusively to Business Insider subscribers.

Persons: They're, Andrea Fuentes, Anita Alvarez, Daniella Ramirez Organizations: Olympics, Business

☆ How New Zealand's fastest speed climber trains for the Olympics
▼ + stars: | 2024-08-09 | by ( Maggie Cai | ) www.businessinsider.com time to read: +1 min

We follow Julian David, who is representing New Zealand in men's speed climbing at the Paris 2024 Olympic Games. He's gearing up for one of his last events before the Games, the IFSC World Cup in Chamonix, France. For the very first time, speed climbing will be judged as a stand-alone event at the 2024 Olympics, and the pair are the first from New Zealand to qualify. Sam Watson broke his own world record of 4.79 seconds at the 2024 Paris Olympics with a time of 4.74 seconds. At the time of publishing, this narrows their difference to 0.5 seconds.

Persons: Julian David, Rob Moore, Julian, Sarah Tetzlaff, Sam Watson Organizations: New Zealand, Paris, Games, Business Locations: New, Chamonix, France, New Zealand

Noah Lyles of the United States was slowest out of the blocks (0.178 seconds). He said after the race, “That goes to prove that reaction time does not win races.”Noah Lyles of the United States was slowest out of the blocks (0.178 seconds). He said after the race, “That goes to prove that reaction time does not win races.”

Persons: Noah Lyles, ” Noah Lyles Locations: United States

Alfred, from St. Lucia, had a reaction time of 0.144 seconds — 0.077 seconds faster than Richardson, of the U.S, and even with Melissa Jefferson of the U.S., who won bronze. Alfred, from St. Lucia, had a reaction time of 0.144 seconds — 0.077 seconds faster than Richardson, of the U.S, and even with Melissa Jefferson of the U.S., who won bronze.

Persons: Alfred, Lucia, Richardson, Melissa Jefferson Organizations: U.S Locations: St, U.S

☆ How US women's water polo trains for the toughest sport in the world
▼ + stars: | 2024-08-01 | by ( Maggie Cai | Brittany Stephanis | ) www.businessinsider.com time to read: 1 min

The US women's water polo team is looking for an unprecedented fourth gold medal in a row at the Olympics. We follow the team through a demanding training session as they prepare for a crucial match against a formidable rival, team Italy. This is one of their last games before heading to the Olympics, where the teams will meet again. This is what drives them to excel in one of the toughest sports on the planet. This story is available exclusively to Business Insider subscribers.

Persons: Adam Krikorian, Maddie Musselman, Ashleigh Johnson Organizations: Business Locations: Italy

How Simone Biles Won the Olympic Women’s Gymnastics All-Around Gold1 USA Simone Biles 59.131 2 BRA Rebeca Andrade -1.199 points behind points behind 3 USA Sunisa Lee -2.666Simone Biles earned her sixth Olympic gold medal, and her ninth Olympic medal overall, in Paris on Thursday, clinching a win in the women’s gymnastics all-around final by more than a full point. The competition began with a commanding lead for Biles, who scored 15.766 for her namesake Yurchenko double pike, the hardest vault in the world. And Sunisa Lee, the defending Olympic all-around champion, trailed after the first three rotations but came back to win the bronze with a solid performance on floor. With Andrade at her heels, Biles took to the floor to perform the last routine of the competition. Since the first Olympic all-around competition in women’s gymnastics in 1952, only nine gymnasts had ever managed to win two medals of any color.

Persons: Simone Biles Won, Simone Biles, Rebeca Andrade, Sunisa Lee, Biles, Kaylia, Andrade, Nemour, Lee, Bedel, Jeremy White, Biles’s, Cheng, Alice D’Amato of, Simone Biles’s, Weiyi Cai, ” Biles, ”, “, ’, Scott Reinhard, “ I’m, I’ve, Joe Ward “, Larisa Latynina, Vera Caslavska, Nadia Comaneci Organizations: Sunisa, Olympic, Soviet Union, Games Locations: Paris, Brazil, Algeria, Andrade, Biles, Tokyo, Alice D’Amato of Italy, Pak salto, Italy, Soviet, Czechoslovakia

Kirpichnikova (Silver) Gose (Bronze) Ledecky (Gold) The medal winners Katie Ledecky (USA) 15:30.02 2. Isabel Gose (GER) After 200 meters After 500 meters After 1,000 meters Ledecky led by 2.18 seconds over Kirpichnikova. Kirpichnikova Kirpichnikova Kirpichnikova Gose Gose Gose Ledecky Ledecky Ledecky Kirpichnikova (Silver) Gose (Bronze) Ledecky (Gold) Katie Ledecky (USA) 15:30.02 +10.33 2. Isabel Gose (GER) After 200 meters After 500 meters After 1,000 meters Ledecky led by 2.18 seconds over Kirpichnikova. Kirpichnikova Gose Ledecky After 500 meters Ledecky led by 3.86 seconds.

Persons: Katie Ledecky, Ledecky, Jenny Thompson Dara Torres Natalie Coughlin Katie Ledecky, —, Natalie Coughlin, Jenny Thompson, Dara Torres, Thompson, “, ” Ledecky, Anastasiia Kirpichnikova, Isabel Gose, Gose, Bedel Saget, Torres Thompson Coughlin, Doug Mills, Ledecky Jan, Evans, Ziegler, Linehan, ”, Titmus, Summer McIntosh, Kirpichnikova, Jeremy White Organizations: Paris Games, Paris, Torres, Rio, United, New York Times, Olympic, London, Tokyo, Olympic Committee, Tokyo Games, Canadian, Coughlin, Thompson, Los Angeles Games Locations: Tokyo, Paris, France, U.S, USA, London, Brazil, McIntosh

How Team U.S.A. Won the Olympic Women’s Gymnastics Gold1 United States 171.296 2 Italy -5.802 points behind 3 Brazil -6.799The United States took the gold medal in the women’s gymnastics team final at the Paris Olympics on Tuesday, beginning with solid vaults from Simone Biles and Jade Carey and ending with a bringing-down-the-house routine by Biles on the floor exercise. Team Italy took the silver, its first Olympic team medal in women’s gymnastics since 1928. And despite wobbles on the beam by Brazilians Flavia Saraiva and Rebeca Andrade — both during a skill called a switch ring leap — their team placed third for its first-ever Olympic team medal. China suffered in the rankings after Zhou Yaqin’s beam routine and Qiu Qiyuan’s bars, expected to be powerhouse events for the country, both included serious mistakes. VaultHow each team scored on the vaultCarey, who had been expected to compete on both vault and floor when she was named to the Olympic team, ended up competing only on vault on Tuesday after spending much of the past week sick.

Persons: Simone Biles, Jade Carey, Biles, Simone Biles’s, Joe Ward, Weiyi Cai, Jordan Chiles, Sunisa Lee, Chiles, Cheng, Flavia Saraiva, Rebeca Andrade —, Becky Downie, Zhou, Qiu Qiyuan’s, Carey, Lee, Jeremy White, — Lee, Bedel Organizations: United States, Paris Olympics, Italy, Olympic Locations: Italy, Brazil, United States, Tokyo, China

Video footage shows an angled line alongside Lee’s body, which is bent at the hips. Video footage shows an animated white line that follows Lee’s feet as she kicks them toward the ceiling on the upswing. Video footage shows a white line indicating that Lee’s body is about 3 to 4 feet above the high bar. Video footage shows a white line animating downward along the back of Lee’s body as she extends her feet. The Cappuccitti Release Catch the bar Front flip Full-twisting Jaeger Release Catch the bar Flip with full twist The Cappuccitti Full-twisting Jaeger Release Release Flip with full twist Front flip Catch the bar Catch the bar The Cappuccitti Full-twisting Jaeger Release Release Flip with full twist Front flip Catch the bar Catch the bar The Cappuccitti Catch the bar Release Front flip Full-twisting Jaeger Catch the bar Release Flip with full twist Note: The Cappuccitti was performed by Luo Rui.

Persons: Sunisa Lee, Lee, ”, “, Lee ”, Bernd Jäger, Stephanie Cappuccitti, Luo Rui, Jaeger, Rui, Aleksandr Tkatchev —, Gabby Douglas, Li Ya Organizations: Olympic, Games, International Gymnastics Federation, New York Times, U.S.A Locations: Paris

☆ These stocks have strong balance sheets as broader market sells off
▼ + stars: | 2024-07-25 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Against this backdrop, Wolfe Research searched for stocks with a high free cash flow yield — that is, a comparison of a company's free cash flow to its market capitalization. Free cash flow refers to the amount of cash leftover after a company has paid its expenses. A higher free cash flow yield means the company is generating more cash, which it can then reinvest back into its business for further growth. With an estimated 2024 free cash flow yield of 5%, Lockheed Martin also made the list. IBM has an estimated 2024 free cash flow yield of 6%.

Persons: Wolfe, Wells, Daniel Politzer, Lockheed Martin, TD Cowen, Cai von Rumohr, Mills Organizations: Wolfe Research, Vegas Sands, Lockheed, Technology, Machines, IBM, Bank of America, Infrastructure, Consulting, Body, Delta Air Lines Locations: Macau, Bath

☆ The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says
▼ + stars: | 2024-06-24 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Oil demand will rise for another 10 years, though producers are pulling back on new investment. The bank estimated oil demand would peak around 110 million barrels a day in 2034. AdvertisementThe global oil market could run into a supply shortage as peak demand is still a decade away, according to Goldman Sachs analysts. That's due to rising oil demand in Asia and increasing demand for petroleum products, the analysts said. "While peak oil demand is still a decade away, capital is slowing for the production of crude oil and oil products, contributing to constrained supply in the medium term," they later added.

Persons: Goldman Sachs, —, Nikhil Bhandari, Amber Cai, Brent Organizations: Service, ExxonMobil, Chevron, Oil & Gas Journal, Goldman, US Energy Information Agency Locations: Asia, OPEC, Saudi Arabia

☆ Labor is the major overhang on Boeing's stock, says TD Cowen's Cai von Rumohr
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLabor is the major overhang on Boeing's stock, says TD Cowen's Cai von RumohrCai von Rumohr, TD Cowen senior research analyst, joins 'Squawk Box' to preview Boeing CEO Dave Calhoun's testimony on Capitol Hill today, the safety concerns and quality control issues facing the company, impact on the company's stock performance, and more.

Persons: Cai von Rumohr Cai von Rumohr, TD Cowen, Dave Calhoun's Organizations: Labor, Capitol

☆ He left his desk job in the US to run a food stall in Hong Kong. He earns more now — but plans to walk away from it soon.
▼ + stars: | 2024-05-10 | by ( Faye Bradley | ) www.businessinsider.com time to read: +9 min

Toby To Yan Choi left his accounting job in California to help his father run a food stall in Hong Kong. Dai pai dongs — Hong Kong's open-air stalls serving food with a no-frills approach — are disappearing. The number of dai pai dongs in all of Hong Kong has dwindled to just over 20, according to the Hong Kong Tourism Board. The braised white pepper pork hock is one of the signature dishes at Dai Lee Dai Pai Dong. AdvertisementHe's gotten married since moving to Hong Kong and plans to move back to the US if he and his wife have kids.

Persons: Toby, Yan Choi, Dai pai dongs, —, Santa Barbara, Choi, Dai Lee Dai Pai Dong, pai, Hong Kong, He's, Hong Kong Dai pai dongs, Hong, sizzling woks, Agnes Chee Yan, Wei, pai dongs, Tiffany Leung, Faye Bradley, wasn't, Shawn Cai, Law Chun Chuen, Dai Lee Dai Pai, Yan Choi There's, they've, Tony Lee, Mok Wah Ho, Ales, Yan Choi He's, Betty Richardson, dongs, Chee, I'm Organizations: Service, University of California, Kong's, Hong Kong Tourism Board, China Morning Post, Young Locations: California, Hong Kong, Santa, Hong, Sham Shui, Sham, China, Shanghai

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