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☆ 11 surprising things from this earnings season, including my favorite stock so far
▼ + stars: | 2024-11-03 | by ( Jim Cramer | ) www.cnbc.com time to read: +17 min

Horton makes the most sense as a Kamala Harris stock because of a promised $25,000 toward a first home. I don't know if either candidate can pull off huge tariffs (Trump) or a credit (Harris). Here are eleven surprising things about this earnings season that you can store up and pull out when the election is confirmed. The deficit will begin to hurt the stock market hard next year even if the economy continues to cool. Away from the hyperscalers, I like Marvell , where CEO Matt Murphy bought $1 million worth of stock in the open market.

Persons: beckons, Joe Biden, Biden, Donald Trump, D.R, Horton, Kamala Harris, Harris, let's, Let's, Trump, haven't, Myers, Abbvie, Eli Lilly, Anat Askenazi's, Abbott, neonatologists, Reckitt, Jim Hurst, Danaher, Jason Hollar, It's, Amgen, That's, Estee Lauder, Parker, Pat Gelsinger's, He's, Matt Murphy, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: U.S, NBC News, White, Ford Motor, Trump, Costco, Volkswagen, Bankers, Banco Santander, Apple, Amazon, GE Vernova, U.S ., Treasury, Merck, NEC, FDA, CDC, NIH, GE Healthcare, Cardinal Health, NPC, Nvidia, Caterpillar, Linde, Devices, heaven's, Intel, Marvell, Micron, Arista, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Europe, Germany, China, Portugal, Ireland, Italy, Greece, Spain, It's, Santander, —, Bristol, U.S, Taiwan, Eaton, Dover, Norwegian, Caribbean, San Francisco

☆ The Washington Post is in deep turmoil as Bezos remains silent on non-endorsement
▼ + stars: | 2024-10-26 | by ( Hadas Gold | ) edition.cnn.com time to read: +6 min

New York CNN —One day after The Washington Post announced it would not endorse a presidential candidate in this year’s election or in the future, its billionaire owner remains silent as the newspaper’s staff are in turmoil. A source with knowledge told CNN on Friday that an endorsement of Vice President Kamala Harris had been drafted before it was squashed. But when Baron was in charge of the newspaper, Bezos “resisted that pressure” and he was “proud” and “grateful” for that leadership. “Bezos has other commercial interests, a big stake and Amazon, he has a space company called Blue Origin,” Baron said. “Reporting around the role of The Washington Post owner and the decision not to publish a presidential endorsement has been inaccurate,” Lewis said.

Persons: Jeff Bezos, Bezos, Kamala Harris, Marty Baron, Trump, ”, ” Baron, CNN’s Michael Smerconish, Bezos “, Baron, “ Bezos, “ Trump, Will Lewis’s, Lewis, ” Lewis, “, Harris, Robert Kagan, Donald Trump, ” Kagan, CNN’s Erin Burnett OutFront, Steven Cheung, Stephen Miller, Kamala, Bob Woodward, Carl Bernstein, ” “ Organizations: New, New York CNN, Washington Post, CNN, Amazon, ”, The Washington Post, Post, Blue, Los Angeles Times, Blue Origin, Trump, Washington Locations: New York, America, Washington

☆ Some of Silicon Valley is pumped about JD Vance. Other CEOs, not so much.
▼ + stars: | 2024-07-16 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +1 min

Trump's new pick for VP is former venture capitalist JD Vance. Some Silicon Valley leaders and other VCs are excited at Trump's decision. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Vance, who spent short stints as a venture capital investor at three firms in Silicon Valley and the Midwest, has close ties to tech and politics kingmaker Peter Thiel.

Persons: JD Vance, —, Elon, Donald Trump's, Trump, Sen, Vance, kingmaker Peter Thiel, Thiel, Musk Organizations: Service, tech's, Business Locations: Silicon Valley

☆ The real reason behind Hollywood's miserable weekend
▼ + stars: | 2024-05-28 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Read previewThis weekend my family went to the movies, twice. This past holiday weekend was the worst Memorial Day showing Hollywood has seen in decades, with ticket sales down a staggering 40% from last year. One thing Hollywood is very good at is generating explanations for a flop — or in this case, multiple flops. (I paid $44.76 for the two Furiousa tickets I bought over the weekend at my local Alamo Drafthouse. I don't think movies or movie theaters are going away.

Persons: —, Max, Matthew Ball, Barbie, Oppenheimer, Tom Rothman Organizations: Service, Garfield, Hollywood, Business, Sony

☆ E-Commerce and the Influencer Economy
▼ + stars: | 2024-04-21 | by ( Annemarie Conte | ) www.nytimes.com time to read: +1 min

Wirecutter, The Times’s product recommendation service, tests many of the wares that clog Americans’ social media feeds. In today’s newsletter, I’ll explain how e-commerce, a $6 trillion global industry, became choked with junk. Paid to sellOnline shopping can expose people to a greasy influencer economy. When an influencer’s follower clicks a link and buys something, the influencer makes money. That’s why people on your social media feed are crowing about their 10 favorite Amazon finds or talking about how an expensive gizmo has changed their life.

Organizations: Brands

It will be the last total solar eclipse visible in the contiguous U.S. until 2044. When Is the Total Solar Eclipse? What Time Will the Total Solar Eclipse Begin and How Long Will It Last? The total solar eclipse provides an opportunity to study the sun’s corona, or the outermost part of its atmosphere. Is the Total Solar Eclipse Expected to Boost the Economy?

Persons: Bill Nelson, They've, ”, Pam Melroy, “, ” Melroy, Melroy Organizations: NASA, roosters, Eclipse, ” NASA, American Astronomical Society, Perryman Locations: North America, U.S, Mexico, Canada, Newfoundland, Tennessee, Michigan, Texas

☆ A better way to handle layoffs
▼ + stars: | 2024-02-20 | by ( Aki Ito | ) www.businessinsider.com time to read: +11 min

Out of everything that happens in the workplace, nothing underscores the harshly transactional nature of employment more than the way companies terminate their employees. To be sure, there are times when layoffs are necessary for the health — and even survival — of a company. In other words, the pitiless and coldhearted way businesses handle dismissals isn't just destructive to those who get dismissed. Is there a better way to handle layoffs? For starters, Herd says, managers should look the employees they're dismissing in the eye, rather than reading from a script.

Persons: TikTok, Brittany Pietsch, she'd, isn't, Pietsch, they're, you've, — they're, Slack, it's, Sandra Sucher, Sucher, pare, Ashley Herd, Herd, —, Reagan, Aki Ito Organizations: Mafia, Harvard Business School, Nokia, Business

☆ A millennial who hates monotony didn't feel free enough living in a cave. He now hunts for treasure from a sailboat in the Caribbean.
▼ + stars: | 2024-01-30 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Read previewKyle Davis was living in a cave in Hawaii — and still wanted more adventure out of life. Courtesy of Kyle Davis. AdvertisementSide by side image of the view from Davis' cave and his farm in Hawaii. Courtesy of Kyle Davis. Courtesy of Kyle Davis.

Persons: —, Kyle Davis, Davis, Captain Ky, he's, I'd Organizations: Service, Business, Army, University of Hawaii, roosters, Facebook Locations: Hawaii —, California, Virginia, Oahu, Iraq, Hawaii, Hilo, Maine, Thailand, Caribbean, Aruba, Curacao, Meta

☆ Speaker Johnson says Republicans will move forward with their controversial impeachment of DHS Secretary Alejandro Mayorkas next week
▼ + stars: | 2024-01-26 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

"When we return next week, by necessity, the House Homeland Security Committee will move forward with Articles of Impeachment against Secretary Mayorkas," Johnson wrote in a "Dear Colleague" letter. Jonathan Turley, a George Washington law professor and frequent voice for conservatives on impeachment, has argued that impeaching Mayorkas for these reasons would set a dangerous precedent. AdvertisementSome House Republicans have also voiced concern about impeaching Mayorkas, raising the prospect that the vote could be extremely close. Congress has only ever impeached one Cabinet Secretary: former Secretary of War William Belknap. Johnson can take solace in the fact that some centrist Republicans, including those that represent seats that President Joe Biden won, have expressed openness to impeaching Mayorkas.

Persons: —, Mike Johnson, Alejandro Mayorkas, Mayorkas, Johnson, Ian Sams, Jonathan Turley, George, Turley, impeaching, George Santos, Tom McClintock, William Belknap, Belknap, Grant, Joe Biden, I'm, Anthony D'Esposito Organizations: Service, Homeland, Business, House Homeland Security, Biden, Daily, Republicans, GOP, California Republican, New, New York Republican, CNN Locations: George Washington, California, New York

☆ ‘America Is Under Attack’: Inside the Anti-D.E.I. Crusade
▼ + stars: | 2024-01-20 | by ( Nicholas Confessore | ) www.nytimes.com time to read: +44 min

‘America Is Under Attack’: Inside the Anti-D.E.I. “In support of ridding schools of C.R.T., the Right argues that we want nonpolitical education,” Mr. Klingenstein wrote in August 2021. In a 2023 exchange, Dr. Yenor and two associates discussed how to defend Amy Wax, a conservative law professor at the University of Pennsylvania. Dr. Yenor and his allies bristled at the conventions of academic life as overly solicitous toward female and nonwhite students. Samuel Ginn, Claremont donor“The president then told him, ‘Things will change,’” a Claremont fund-raiser wrote to Dr. Yenor and other officials there.

Persons: “ wokeism ”, Chancellor Sharp, Sam Ginn, DeSantis, !, Searle, Scott Yenor's, Alabama Jeff Sessions, peter thiel, thiel, Dan Patrick, Patrick, Texas Long, Claudine Gay, Harvard’s, Trump, Ron DeSantis, Peter Thiel, Heather Mac Donald, ”, Scott Yenor, “, ” Scott Yenor, Claremont, Critics, George Floyd, Donald J, Trump’s, Thomas D, Thomas Klingentstein, ” Mr, Klingenstein, Yenor, Christopher Rufo, fromScott Yenor, Floyd, Mao Zedong’s, Ryan P, Williams, Jack Miller, Ryan Williams, Miller, zealots, Mao Zedong's, ” Claremont, Taube, tothe, Arthur N, Chris Ross, Dockweiler, Elizabeth Ailes, Roger Ailes, Daniel C, Searles, fromChris Ross Ryan, I'd, Dorian Abbot, Mr, Ross, Dr, Amy Wax, Wax, Wax’s, David Azerrad, . Azerrad, fromScott, Azerrad, —, ’, Mac Donald, Mac Donald1 —, fromDavid Azerrad Heather, that's, Thiel —, Thiel’s, bristled, Riffing, Bill Burr, hadn’t, Burr, George W, Bush, ” Tennessee’s, Susan Kaestner, Jeff Sessions, Samuel Ginn, Christopher B, Roberts, Roberts “, Ginn, ” Bowdoin, Thomas Klingenstein, Janet Mills, Mills, ‘, Sarah Huckabee Sanders, Kevin Stitt, he’d, fromThomas, Glenn, sputtered, retool, didn’t, Jim Banks, Banks’s, Banks, Gay, Elise Stefanik Organizations: MIT, Trust, Texas, Claremont, Republicans, Senate, The New York Times, Republican, Claremont Institute, Gov, D.E.I, New, Manhattan Institute, Maine Policy Institute, ”, Texas Public Policy Foundation, Equity, Jack Miller Family, Jack Miller Family Foundation America, Capitol, Freedom Trust, Rupe Foundation, Scaife, Fox News, Massachusetts Institute of Technology, University of Pennsylvania, Hillsdale College, Boise State University, Boise, University of Wisconsin, Eau Claire, Trump, Boise State, University of Tennessee, Arkansas, Alabama, Auburn University, University of Alabama, Auburn, Bowdoin College in, NAS, Bowdoin, Democratic, Mr, Maine Public Radio, American, Association, Maine Department of Education, Indiana Republican, Education, Harvard, New York Republican Locations: Texas, Tennessee, North Carolina, Maine, Montana , Utah , Oklahoma , Texas, South Carolina , Florida, Louisiana, America, defund, Alabama, Tallahassee, Union, California, Florida, Maine , Tennessee, Idaho, New York, Florida , Louisiana, North Carolina , Oklahoma , Tennessee, Wisconsin, Darling, Dallas, Utah, C.R.T, United States, Hillsdale, Eau, India, Boise State, Boise, Manhattan, Canadian, Dixie, Maine —, Bowdoin College in Maine, Colonial America, ”, Maine’s, la, Portland, Northern Maine, Arkansas, Yenor, Indiana, Israel

Last year, that amounted to $75 million of $88.5 million in candy corn sales, according to the consumer research firm Circana. Political Cartoons View All 1215 ImagesWhen compared to top chocolate sellers and other popular confections, candy corn is niche. Several years later, the Goelitz Confectionery Co., now Jelly Belly, began to produce candy corn, calling it Chicken Feed. Candy corn is basically sugar, corn syrup, confectioner’s glaze, salt, gelatin, honey and dyes, among some other things. She equates candy corn with childhood memories of having to visit her pediatrician, who kept a bowl on hand.

Persons: Shannon Fiedler gushed, Paul Zarcone, Brach's churns, ombre, Rice Krispie, Kellogg's, Michelle Williams, Brach's, “, ”, Katie Duffy, Ferrara Candy, George Renninger, “ Brach's, “ It's, I've, Richard Hartel, Hartel's, it’s, Candy, Margie Sung, She's, Duffy, Don't, Sung, ” Aaron Sadler, doesn't, can’t, Sadler, ” Sadler chuckled ., he'll, Sandler, Lisa Marsh, Diana Peacock, Jennifer Walker, Walker, Marie, Abby Obenchain, Obenchain Organizations: Vans, Nike, Ferrara, Ferrara Candy Co, University of Wisconsin -, Ontario, Washington , D.C Locations: Huntington , New York, Ferrara, Philadelphia, University of Wisconsin - Madison, New York, Little Rock , Arkansas, Junction , Colorado, Ontario, Canada, Sault Ste, Savannah Woolston, Washington ,

☆ Padres manager Bob Melvin returns to Oakland for 3-game set
▼ + stars: | 2023-09-14 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

September 14 - Bob Melvin returns to the site of his greatest managerial success when the San Diego Padres visit the Oakland Athletics on Friday night to kick off a three-game interleague series. Melvin had a .528 regular-season winning percentage with Oakland, won three American League West titles and made six postseason trips with the A's, going 7-13 in the playoffs. He had career losing records with the Mariners (.481) and Diamondbacks (.498), but currently sports a winning mark with the Padres (.511). San Diego (69-78) likely won't be returning to the playoffs this season. In search for a miracle finish, the Padres will open the Oakland series with right-hander Seth Lugo (6-7, 3.80) on the mound.

Persons: Bob Melvin, Melvin, Blake Snell, Seth Lugo, Sean Newcomb, Mark Kotsay crowing Organizations: San Diego Padres, Oakland Athletics, Seattle Mariners, Arizona Diamondbacks, The Padres, Oakland, San Diego, American League West, Mariners, Diamondbacks, Padres, Arizona, National League, Philadelphia Phillies, San, Colorado Rockies, Louis Cardinals, San Francisco Giants, Chicago White Sox, Los Angeles Dodgers, New York Mets, Astros, Thomson Locations: San, San Diego, St, Houston

☆ The Iten killings: Deaths of elite athletes casts spotlight on domestic violence
▼ + stars: | 2023-08-25 | by ( Faith Karimi | ) edition.cnn.com time to read: +15 min

Iten, Kenya (CNN) Martin Tirop pumps his fists in the air as Faith Kipyegon wins her third 1,500-meter gold medal at the World Athletics Championships on Tuesday in Budapest. Instead, on October 13, 2021, Martin Tirop made a gruesome discovery inside his sister's three-bedroom bungalow in Kenya's capital of distance running. In October 2021, Martin Tirop found the body of his sister, Agnes Tirop. In fact, their March 2016 marriage had been a secret, with Agnes' family only finding out after her death at 25. "Agnes Tirop.

Persons: Martin Tirop, Kipyegon, Agnes, Agnes Tirop, she'd, Martin, gurney, Jurkenaite, David Blood, Iten, Joan Chelimo, they're, Weeks, Eliud Kipchoge, She'd, Irungu Houghton, Njeri Migwi, Martin Tirop's, Ibrahim Rotich, Rotich, Tirop, Richard Warigi, Ngigi Mbugua, Mutua, CNN's, Houghton, Joan Chelimo's, Agnes Tirop's, Chelimo, Dinah, Vincent Tirop, Dinah Tirop Organizations: CNN, Adidas, Tokyo, Toyota, David Blood Investigators, crowing roosters, Boston Marathon, New, New York City Marathon's, Amnesty International, Kenyan, Criminal Investigations, Bahraini, Investigations, Investigators, Amnesty, Tirop's, Tirop's Angels, UN Locations: Iten, Kenya, Budapest, Kenya's, Switzerland, Germany, Nairobi, It's, Kaptagat, New York, Amnesty International Kenya, Mombasa, Ethiopia, Nandi County

☆ Why New York AG Letitia James is probably Trump's biggest worry right now (not Jack Smith, Fani Willis or Alvin Bragg)
▼ + stars: | 2023-07-29 | by ( Laura Italiano | ) www.businessinsider.com time to read: +9 min

In three months, Trump faces a civil fraud trial that could run his Trump Organization out of New York. There's Jack, and Fani, and Alvin, of course, all poised to prosecute the former president criminally. And Donald Trump, Donald Trump, Jr., Ivanka Trump, and Eric Trump would further be banned from ever running a business anywhere in the state. The financial and psychic toll to being a mogul in exile would be great, two Trump biographers told Insider. Smith appears on the brink of winning a new indictment, relating to the 2020 election, as does District Attorney Fani Willis in Atlanta.

Persons: Trump, Donald Trump's, There's Jack, Alvin, there's, —, Letitia James —, James, Donald Trump, Donald Trump , Jr, Ivanka Trump, Eric Trump, crowing, Michael D'Antonio, he's, D'Antonio, Alvin Bragg's, Jack Smith's Mar, Smith, Fani Willis, Chris Christie, David Aaron, Aaron, Perkins Coie, Aileen Cannon, Ira Judelson, Dominique Strauss, Kahn, Arthur Engoron, New York —, Nobody, Gwen Blair, Blair, he'll Organizations: Trump Organization, Service, — New York, Trump, New, Republican, Manhattan, Mar Locations: New York, Manhattan, Wall, Silicon, New Yorker, Florida, Atlanta, New Jersey, Washington, DC, Mar, Delaware, Trump Org's, York, Queens, Emerald City, Miami, Bedminster , New Jersey, New York City

☆ The U.S. Economy Looked Like it Was in for a Recession. It Wasn’t. - The New York Times
▼ + stars: | 2023-07-11 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

Almost a year has passed since the Bureau of Economic Analysis, which estimates gross domestic product, announced that real G.D.P. had declined over the previous two quarters — a phenomenon that is widely, although incorrectly, described as the official definition of a recession. Right-wingers had a field day, crowing about the “Biden recession.” But it wasn’t just a partisan thing. Even forecasters who knew that recessions are defined by multiple indicators, and that America wasn’t in a recession yet, began predicting one in the near future. As Mark Zandi of Moody’s Analytics, one of the few prominent recession skeptics, put it: “Every person on TV says recession.

Persons: Biden, Mark Zandi, I’ve Organizations: Federal Reserve

☆ Ukrainian soldier says he tricked Russia into wasting an exploding drone on what it thought was a tank — but was just a decoy made of wood
▼ + stars: | 2023-06-13 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

A viral video of a Russian Lancet drone strike claimed to show a Ukrainian tank being destroyed. The "tank" was made of empty boxes from 155 mm shells, Lt Cmdr Oleksandr Afanasyev told Insider. The "tank" was a decoy made out of wood, according to Ukraine's Lieutenant Commander Oleksandr Afanasyev. The left-hand image below shows the decoy, Afanasyev said. Oleksandr Afanasyev (R), marked up by Insider to show the resemblance between roofing that appears in both.

Persons: Cmdr Oleksandr Afanasyev, —, Lyman —, Vladimir Solovyov –, –, Oleksandr Afanasyev, Afanasyev, Oleksandr Afanasyev Oleksandr Afanasyev, Cmdr Organizations: Russia, Service, Telegram, 2nd Armored Group, 54th Brigade, Brigade Locations: Russian, Ukrainian, Donetsk Oblast, Lyman

☆ José Mourinho: What next for Portuguese manager after Roma's Europa League final loss to Sevilla?
▼ + stars: | 2023-06-01 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

And Wednesday’s Europa League final in Budapest was a great example of just that. Mourinho leaves the pitch at the end of the Europa League final. The lads gave absolutely everything this season.”Mourinho (middle) embraces Roma defender Roger Ibañez (right) at the end of the Europa League final. Montiel scores the decisive penalty in the Europa League final against Roma. He has helped guide the team away from relegation and now secured its seventh Europa League title, cementing its title as the ‘King’ of the competition.

Persons: José Mourinho, “, ” Mourinho, Mourinho, Odd Andersen, Germain, Roma’s, “ We’re, Roger Ibañez, tiredness, Mourinho didn’t, it’s, –, Gonzalo Montiel, Montiel, Rui Patrício, José Luis Mendilibar, Marvin Ibo, GES Sportfoto, Yassine Bounou, Bounou, Sevilla, ’, Mendilibar, ”, “ It’s Organizations: CNN, Europa League, Sevilla, Roma, Spanish, Sky Sports Italia, Reuters, Portuguese national, Champions League, Europa League –, UEFA, Getty, Real Madrid, Paris Saint, Tottenham, Premier League, Europa Conference League –, Rome, Mourinho, France, Mendilibar Locations: Budapest, Paris, Madrid, Argentina, Argentine

☆ Democrats say Florida is 'dead for Biden' as his 2024 presidential campaign starts: 'We just need to be realistic'
▼ + stars: | 2023-04-25 | by ( Nicole Gaudiano | Kimberly Leonard | ) www.businessinsider.com time to read: +15 min

"It's like a dead carcass on the side of the road," DeSantis said in April of the Florida Democratic Party. Nearly two decades ago, Florida Democrats were "similarly declared dead, you know, forever, Amen," Schale said, but they rebounded. Wilfredo Lee/AP PhotoDemocrats say they still have spend in FloridaBut it's important for Democrats to still invest campaign resources in Florida, Democratic insiders said. Florida Democratic Party Chair Nikki Fried said the party had no infrastructure and no voter registration drive when she took the helm in February. Joe Raedle/Getty Images, Scott Olson/Getty ImagesBuilding a Democratic benchFried she's optimistic about Florida Democrats' future — and Biden's potential there.

☆ Don't buy a backyard chicken to combat inflation
▼ + stars: | 2023-03-14 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +8 min

More people are turning to backyard chickens, but experts warn it's not as easy or cheap as it seems. Earlier this year, The New York Times, Insider, and others wrote about people turning to backyard chickens to address inflation. Some people are buying backyard chickens to combat eggflation. Some think they are buying hens and end up with roostersAnother challenge with buying backyard chickens is that you may unintentionally end up with a rooster. She tries to discourage people from buying backyard chickens on a whim, to avoid having more roosters with nowhere they can go.

☆ SVB depositor rescue was a move that even this mother could love
▼ + stars: | 2023-03-13 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

In this photo illustration Silicon Valley Bank (SVB) logo seen displayed on a smartphone screen with NYSE (The New York Stock Exchange) logos in the background in Chania, Greece on March 13, 2023. Even my mother is happy with the Silicon Valley Bank rescue plan. Not just for what it will do for Silicon Valley depositors, but for what it will due for holders of bank savings accounts around the country. "The banks are going to have to give all of us savers more interest, and it's about time," she told me. She has been crowing about her newfound love of bond investing and its relationship to the Silicon Valley Bank debacle.

☆ The VC dream machine pumped out one dumb startup after another. 2023 should put an end to that.
▼ + stars: | 2022-12-21 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

2023 should curtail the current flow of bad startup ideas. The way it roughly works is to bet millions across lots of startups in the hope one of them blows up and returns that cash. 'Fewer insane ideas'We are no longer in a low-interest-rate market, meaning startup investors who could once rely on generous backers will have to be more cautious about how they spend their money. They do have lots of money, with an estimated $290 billion of capital available to them in October, according to Pitchbook data. But Kniaz senses a shift in motion: "This next year will show which emperor has clothes on or not.

☆ King Dollar is not ready to abdicate
▼ + stars: | 2022-12-13 | by ( Francesco Guerrera | ) www.reuters.com time to read: +5 min

LONDON, Dec 13 (Reuters Breakingviews) - Dollar bears have come out of hibernation. An 11-year upswing has made the bill featuring George Washington the world’s most overvalued currency, according to research from Deutsche Bank. Plus, other risk factors that have sent investors fleeing to the dollar – the war in Ukraine, China’s Covid-19 struggles and fear of a deep recession in the United States – are abating. Traders moved to place bets against the dollar for the first time in 16 months in November, according to U.S. Commodity Futures Trading Commission data. Net flows into fixed-income funds in the United States reached $1.3 trillion over the past 12 months, according to Deutsche Bank analysts.

And the House Democrats’ campaign arm last week deployed hundreds of thousands of dollars to save its chairman in a Biden district north of New York City. “And I think that right there explains why this red wave is going to be so big.”The Democratic Congressional Campaign Committee, the campaign arm for House Democrats, said it isn't throwing in the towel. “Nearly a week from Election Day, House Democrats are well positioned to retain the majority despite a Republican gerrymandered map and MAGA Republicans’ dark money-fueled campaigns. Connecticut’s 5th District: Democrats have already spent $4.5 million to re-elect Hayes in a district that backed Biden 54.6% to Trump's 43.9% in the last election. Between now and Election Day, Democrats said they plan to spend an additional $1.5 million in ads to combat comparable spending by Republicans.

☆ The era of quiet quitting is already over
▼ + stars: | 2022-10-26 | by ( Aki Ito | ) www.businessinsider.com time to read: +9 min

One of the first documented cases of quiet quitting was a recruiter I'll call Justin. It was Justin, in fact, who helped spark the national debate that's been raging over quiet quitting. When a popular career coach on TikTok riffed on my story, the phrase "quiet quitting" became something of a new cultural dividing line. But by the time the US was furiously debating his new approach to work, Justin was already shifting gears. "Reading the tea leaves, we could be in for a difficult 2023," Bryan Creely, the career coach who coined the term quiet quitting, told me.

☆ Rohingya seek reparations from Facebook for role in massacre
▼ + stars: | 2022-09-29 | by ( Associated Press | ) www.nbcnews.com time to read: +7 min

But some very narrow minded and very nationalist types escalated hate against Rohingya on Facebook,” he said. Instead, Meta’s algorithms “proactively amplified and promoted content” on Facebook, which incited violent hatred against the Rohingya beginning as early as 2012. And they are asking Meta to pay reparations for its role in the violent repression of Rohingya Muslims in Myanmar, which the U.S. declared a genocide earlier this year. “These algorithms are really dangerous to our human rights. The Rohingya refugees are seeking unspecified reparations from the Menlo Park, California-based social media giant for its role in perpetuating genocide.

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