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Sixteen years after she first came up with the idea for her perfect beach bag, Bogg Bag is on pace to rake in $100 million in revenue this year. These days Bogg Bags come in three sizes and dozens of colors, with prices ranging from $55 for the smallest to $100 for the largest. Kim Vaccarella Bogg Bag Founder & CEOWhen her initial inventory sold out, Vaccarella was ready to make a major financial commitment to the business. "As someone who always envisioned Bogg Bag to be a Nordstrom bag or a Bloomingdale's bag, I knew I couldn't sell these. She put in her notice after 26 years in real estate and focused on expanding Bogg Bag's footprint across the country.
Persons: Kim, Vaccarella, Kim Vaccarella, I've, Lucille Ball, she'd, Crocs, Vaccarella's, Rosario, Hurricane Sandy, , Bogg, who's Organizations: CNBC, eBay, Monopoly, Hurricane Locations: Jersey Shore, China, New Jersey, Hurricane, Vaccarella
In today's big story, an automaker CEO's resignation shows how tough a year the industry is having. His expedited departure — Tavares was scheduled to leave in 2026 — shows how choppy the automotive industry remains. AdvertisementHendrik Schmidt/dpa/Getty ImagesSo, what's got the auto industry stuck in gear? (It hasn't been a complete lovefest; he also called China's auto industry an "existential threat.") The massive money manager announced plans to acquire HPS Investment Partners, a private credit behemoth managing $148 billion, for $12 billion.
Persons: We've, I'm, Hendrik Schmidt, Carlos Tavares, — Tavares, Stellantis, Insider's Nora Naughton, Tom Carter, what's, Tesla, Jim Farley, Donald Trump's, Dmitry Balyasny, Brendan McDermid, Donald Trump, Elon Musk, Texas Richard Bord, Musk's Tesla, , Musk, Pat Gelsinger, Tony Cordoza, Anna Kim, Getty, Tyler Le, they'd, Jake Paul, Mike Tyson, Dan DeFrancesco, Grace Lett, Ella Hopkins, Spriha Srivastava, Amanda Yen, Milan Sehmbi Organizations: Business, dpa, Getty, Jeep, Chrysler, United Auto Workers, EV, Ford, Balyasny Asset Management, Reuters, Citadel, Schonfeld Partners, HPS Investment Partners, BlackRock, SpaceX, Intel, Amazon Web Services, Accenture, Netflix, ISI, Disney Locations: China, Mexico, Chicago, California, Texas, Delaware, Australia, New York, London
Those who threw in the towel might be licking their wounds as growth stocks continue to outperform value dramatically. Instead, it builds a simple filter based on backtested factors dating decades to determine the key variables that have worked over time, says Ryan Kelley, CIO of the fund. For the Hennessy Cornerstone Mid Cap 30 Fund, that filter has been boiled down to a four-step process used for 21 years. "We absolutely just let the numbers dictate what we own, and it takes some discipline and it takes some trust in the process," Kelley said. By the time the filter process is complete, thousands of US stocks have been filtered down to about 125 to 150, which is still too much.
Persons: Hennessy, Ryan Kelley, Russell Midcap, Kelley, we've, You'll, it's Organizations: Funds, Hennessy, 30
AdvertisementDon Saladino, a celebrity trainer, eats five nutritionally balanced meals a day. Related VideoA celebrity personal trainer, Saladino thrives on eating and training to optimize his health, performance, and physique. Saladino has annual body scans and tests to see how his body responds to changes in his diet, training, or lifestyle. AdvertisementThis means that Saladino's diet and training are both structured, and he is continually pushing himself, he said. One major benefit of tracking his food intake is that it ensures he eats enough, Saladino said.
Persons: Don Saladino, Saladino, Ryan Reynolds, Blake Lively, Peter Hurley Saladino, Cindy Ord Organizations: Rice, Getty Locations: New York
READING, Pa. — A Pennsylvania woman has been sentenced to two life terms without parole on murder convictions in the deaths of her two young children, who were found hanging in the basement of their home five years ago. Snyder displayed no reaction during Thursday’s hearing in Berks County and spoke only to decline to address the court, the Reading Eagle reported. Owen Snyder, 22, the older brother of the slain youngsters, who was 17 at the time of their deaths, called the defendant a “monster” he no longer considered his mother. Lisa Snyder is led into Berks County Court in Reading, Pa., on Nov. 17, 2023. Snyder had told police her son was bullied and had threatened to take his life, but authorities said they found no evidence to support her claim.
Persons: Lisa Snyder, Conner, Snyder, Judge Theresa Johnson, Owen Snyder, Michael Rubinkam, , , ” Snyder Organizations: Reading Eagle, Berks County Court Locations: , Pennsylvania, Albany Township, Philadelphia, Berks County, Reading, Pa
I spoke to voters and a mayor in Northampton, one of two bellwether counties in Pennsylvania. The mayor told me that politics are local — and the election will likely come down to grocery bills. Both Vice President Kamala Harris and Trump were in Pennsylvania on the same Monday, courting voters at a rally and town hall respectively. There was 46-year-old Michelle Kerns, who said she doesn't think Harris gets enough credit for easing inflation. I heard many iterations of "I'm not following the election" or "I'm sick of talking about it" on Monday afternoon.
Persons: , Barack Obama, Donald Trump, Joe Biden, Kamala Harris, Trump, Salvatore J, Panto, he's, Harris, Alice Tecotzky, Ann Hess, Hess, Vivian M, Michelle Kerns, Kerns, Daryl Thompson, Bob George, Beer, Edward Pyatt, Pyatt, George, didn't, I'm Organizations: Service, Democratic, Walmart, Wall Street Journal, Trump, Easton Locations: Northampton, Pennsylvania, Forks, Palmer, Pennsylvania —, Easton, Bethlehem, Northampton County, Kamala, Forks Township, Palmer Township
Contrary to how most hiring managers operate, Taylor sent job candidates the interview questions in advance. While hiring for a new leader, she wanted to try an unusual strategy she felt would foster a more equitable interview process. From her perspective, "people that can think on their feet, it doesn't mean they're really good at their job," Taylor says. Case in point, Taylor asked each job candidate what they thought of her sending the interview questions in advance. People that can think on their feet, it doesn't mean they're really good at their job.
Persons: Holly Taylor, Taylor, they'd, they've, didn't Organizations: Public, CNBC Locations: London
CNN —New York City Mayor Eric Adams, the rank-and-file transit cop who rose to the city’s most powerful office, is no longer the master of his political destiny. President Joe Biden, asked at the White House on Thursday if Adams should resign, said, “I don’t know.”What will Jeffries do? “We need Eric Adams to be successful as mayor because he is the mayor at this moment in time,” Jeffries said. “No one is above the law, including the Mayor of New York City,” Schumer said in a statement. “This is squarely about Mayor Adams’ ability to govern New York City, and for the New York City governance to be fully staffed to serve the people of New York City,” Ocasio-Cortez told reporters Wednesday afternoon on Capitol Hill before news of the indictment broke.
Persons: Eric Adams, Adams, brazenly, , , Damian Williams, ” Williams, , ” Adams, Adams ’, Ingrid Lewis, Martin, Frank Carone, Carone, Jumaane Williams, ” Carone, “ It’s Eric Adams, Kathy Hochul, Hochul, Joe Biden, Jeffries, Hakeem Jeffries, ” Jeffries, Hakeem, Laura Gillen, Anthony D’Esposito, you’re, you’ve, ” Gillen, Chuck Schumer, ” Schumer, Scott Stringer, Brad Lander, Sen, Zellnor Myrie, ” Myrie, ” Stringer, ” Lander, Alexandria Ocasio, Cortez, Mayor Adams, ” Ocasio, Bob Holden, Adams ’ White, ” Holden, Chris Banks, ” Banks, Julia Salazar, Gustavo Rivera, Jabari, Phara Souffrant Forrest, Emily Gallagher, Brooklyn, Tiffany Caban, Alexa Aviles, Sandy Nurse, Chi Osse, ” Councilwoman Vickie Paladino, Andrew Cuomo, Cuomo, “ Cuomo, “ He’s, ” Cuomo, Rich Azzopardi, hasn’t, CNN’s Gloria Pazmino Organizations: CNN, New, New York City, Democratic, New York Times, Southern, of, Gracie, White, Brooklyn Democrat, Republicans, New York Democratic, New York, Republican, Washington D.C, Yorkers, Rep, Queens, State Locations: New York, New, of New York, , Brooklyn, Washington, South Shore, New York City, Alexandria, City, Queens, Holden’s, Brownsville, East New York, Sens
Last night, left-leaning Swifties everywhere breathed a sigh of relief: Taylor Swift finally endorsed Democratic candidate Kamala Harris for president. Two officials told NBC News they had no idea Swift's endorsement was coming — her running mate, Tim Walz, even found out on live TV — but they were definitely ready for it. (A representative for Swift didn't respond to a request for comment from BI.) Swift didn't officially endorse Biden until October 7, less than one month before the 2020 election. As Swift herself said in her endorsement post, "The simplest way to combat misinformation is with the truth."
Persons: Taylor Swift, Kamala Harris, Harris, Tim Walz, Barack Obama, Hillary Clinton, Joe Biden, Biden, Swift, she's, Walz —, Trump, Brittany Mahomes, Donald Trump, Swift could've, she'd, would've, Swifties Organizations: Service, Democratic, NBC News, Business, Republican Party, BI, Biden, DNC Locations: Vienna
Costco has been quietly rolling out a new product availability feature on its app and website. Available in select markets, the tool lets shoppers know if a product is in-stock at a warehouse. 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 . AdvertisementCostco is taking some of the guesswork out of shoppers' warehouse trips.
Persons: Organizations: Costco, Service, Business Locations: Costco's, Seattle
We found one long-slot toaster represented the best value and the best toasting performance: the Breville "A Bit More" Toaster. Breville 'A Bit More' Long Slot Toaster The Breville “A Bit More” Long Slot Toaster is a modern and thoughtfully designed, high-performance appliance with easy cleanup and user-friendly controls. Check price at Amazon Check price at Crate & Barrel Check price at Williams Sonoma What we like Check mark icon A check mark. AdvertisementCons to considerIf you're in the market for a top-quality slot toaster, it's hard to find any criticisms of the Breville "A Bit More" Toaster. Taylor Tobin/Business InsiderBetween its remarkably even toasting abilities, modern design, and helpful special features, the Breville "A Bit More" Toaster represents the absolute best of the slot toaster field.
Persons: who's, thoughtfully, you'll, Taylor Tobin, There's Organizations: Business, Amazon, Williams
New York CNN —A California judge threw out a jury verdict ordering the NFL to pay more than $4.7 billion for anti-trust violations surrounding its “Sunday Ticket” package, which lets fans watch games outside of their home markets but required them to buy access to a bundle of games to do so. The league, America’s most popular source of television programming, vowed to appeal the verdict in June. In a statement, the NFL said it was “grateful” for the ruling. In a court filing Thursday, US District Judge Philip Gutierrez brought up issue with the expert witnesses in the trial. “The Court agrees that Dr. Rascher’s and Dr. Zona’s testimonies based on their flawed methodologies should be excluded.
Persons: , , Philip Gutierrez, Rascher’s, ’ …, , CNN’s Chris Isidore Organizations: New, New York CNN, NFL Locations: New York, California
Read previewMercedes-Benz is bringing its fast electric vehicle charging stations to 100 Starbucks locations. The charging stations will be accessible to all EV owners. But for EV owners, it's a major roadblock hindering widespread adoption. Related storiesA company spokesperson told Business Insider that by 2030, it hopes to lead the retail industry in decarbonization solutions. The Starbucks spokesperson said the coffee giant is continuing to learn how its customers interact with EV stations and exploring partnerships and areas that would benefit from similar routes.
Persons: , it's, Simon, Mercedes, Michael Kobori Organizations: Service, Benz, EV, Starbucks, Business, McKinsey, Mercedes, Simon Properties, Volvo Locations: Coast, Canada, Mexico, Denver, Seattle
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Persons: It's, Hopper, You'll, you'll, you've, Viceroy Los, cardholders Organizations: Business, Venture, Business †, Walmart, Capital, Travel, Capital One, Hotels, Resorts, Royal London, Capital One's Locations: Capital, Beach, Viceroy, Barcelona, Maldives
Ancient relative of the great white sharkMost species of Ptychodus lived between 100 and 80 million years ago during the late Cretaceous period. Because shark skeletons are made of cartilage, they do not fossilize well, typically leaving archaeologists only teeth and few skeletal remains to find. Lamniformes also includes the modern species of megamouth, sand, goblin and basking sharks, among others. “The crushing teeth together with the gigantic size make Ptychodus a very unique shark,” Amadori said. … Modern durophagous sharks (that consume hard-shelled organisms) are demersal, feeding on or near the bottom.
Persons: , Eduardo Villalobos Segura, Villalobos Segura, Lamniformes, Manuel Amadori, Amadori, Michael Everhart, Louis Agassiz, Everhart, mortoni, , ” Amadori, , Jürgen, Bretton Kent, ” Kent Organizations: CNN, Royal Society, Biological Sciences, University of Vienna, Sternberg, Nuevo León, University of Maryland Locations: Mexico, Austria, Nuevo León, Vallecillo, Nuevo, Hays , Kansas, Ptychodus
Financial markets are slowly starting to absorb the possibility that what was once a toss-up presidential election campaign has taken a notable turn. That has put investors in a quandary of how to handicap what a Trump presidency would look like from an economic and market standpoint. .SPX mountain 2024-06-28 S & P 500 performance since the debate However, the bond market has had a bit more of a reaction. The first Trump presidency and some of his campaign rhetoric nevertheless has led to guesswork about what could be ahead. "This particularly favors financials and there will be an expectation of more M & A approval in a Trump presidency.
Persons: Joe Biden, Donald Trump, specter, Biden, Trump, Mark Malek, Siebert AdvisorNXT, Handicapping, Michael Hartnett, Hartnett, Ed Mills, Raymond James, Kamala Harris, Harris, Chris Krueger, TD Cowen, Krueger, ABC's George Stephanopoulos, , Sarah Min Organizations: Republican, Trump, Treasury, Bank of, White, Reading, New York Times, Biden, Democrat Locations: Washington
Below your feet, about 3,400 miles down, is Earth's inner core. The data implies that in 2010, the inner core reversed its rotational direction compared to the Earth's surface — a phenomenon called backtracking. Now, the inner core is rotating more slowly than before the shift. Related storiesBut a recent study offers a new way of looking at the data that could help settle the debate. Proving the inner core is backtrackingJohn Vidale is part of the new research that offers more evidence to the notion that the inner core is backtracking.
Persons: aren't, It's, John Vidale, Stephen Gee, Vidale Organizations: Service, Business, University of Southern, USC Locations: University of Southern California, South Sandwich Islands
NASA recently approved the $19.5 million Landolt Space Mission to launch the mini satellite into Earth's orbit. AdvertisementA revolutionary new tool for astronomersLandolt, which is about the size of a bread box, is designed to fire lasers at observatories on Earth to help astronomers study the stars. Related storiesWhat makes this "artificial star" better than a real one is that astronomers will know exactly how much light it's emitting. Landolt can help astronomers catch minute details they've otherwise been missing in the data. How Landolt could revolutionize astronomyAstronomers are excited that Landolt could help them find more Earth-like exoplanets that might harbor life.
Persons: , Tyler Richey, Eliad Peretz, unquote, Richey, Arlo Landolt, Yowell Organizations: Service, Business, NASA, Lowell Observatory, Yowell Locations: Richey
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA key Russian ally said it's quitting the Collective Security Treaty Organization, a group widely considered to be President Vladimir Putin's answer to NATO. The prime minister told lawmakers: "We will leave. Related storiesTensions have heightened between Russia and Armenia since Putin's full-scale invasion of Ukraine, which Pashinyan has refused to endorse on multiple occasions. Frankopan said the latest development may not end with Armenia leaving the CSTO if negotiations take place.
Persons: , it's, Vladimir Putin's, Nikol Pashinyan, he'd, Pashinyan, Putin, Pashinyan's, Dmitry Peskov, Peter Frankopan, Frankopan Organizations: Service, Security, Organization, NATO, Armenian, Associated Press, Business, AP, Kremlin, Oxford University, West . Relations, Ukraine —, Azerbaijan, International Criminal Locations: Russian, Russia, Moscow, Armenia, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan, Ukraine, Balkans, Azerbaijan
The unanimous vote by the 16 advisers recommends a formula aimed at combating the variant JN.1, which dominated infections in the United States in February, or a version of it. In recent weeks, JN.1 has been overtaken by descendants known as KP.2 and KP.3. is expected to formally recommend a variant target for vaccine makers for the next round of shots in the late summer or early fall. Any decision involves some educated guesswork, given that any new vaccine formula won’t be available until months after a variant becomes dominant. “It’s becoming clear that the ideal timing for a vaccine composition decision remains elusive,” said Jerry Weir, an official with the F.D.A.’s vaccine division.
Persons: , Jerry Weir Organizations: Food and Drug Administration Locations: United States
They said my building was covered under the new Good Cause Eviction law, and my rent increase would instead be 8%. AdvertisementWhat is Good Cause Eviction? Good Cause also has what's called the reasonable rent increase measure: Buildings covered under Good Cause have limits on how much landlords can raise rent. I was under the impression that this building falls under the good cause eviction umbrella. Will Good Cause Eviction change or impact your life?
Persons: Weaver, , Ellen Davidson, Davidson, Allia Mohamed, it's, Mohamed, that's Organizations: Service, Business, New, New York, Housing Justice, , Legal Aid Society Locations: New York City, Central Park, New, New York, Bronx, Brooklyn
That was the promise of Cerner, the medical-records company Oracle bought in 2021 for $28.3 billion — Oracle's biggest acquisition. At the time, Cerner managed the electronic health records for a quarter of all American hospitals, including those run by the Pentagon and the Department of Veterans Affairs. Larry EllisonCerner's electronic records, in short, were a deadly disaster for the VA. Never mind the futuristic, AI-driven healthcare system Ellison envisioned. In 2015, it beat out Epic, its main competitor, for a $4.3 billion contract to handle electronic health records for the Defense Department. It had agreed to process tens of millions of crucial medical records, but it couldn't handle the subsequent deluge of data.
Persons: Larry Ellison's, Ellison, Cerner, I'm, Larry Ellison, Neal Patterson, Cerner's, Patterson, Ellison's, they're, David Shulkin, Margaret Albaugh, Cerner couldn't, Charlie Bourg, , Larry, Marc Benioff, Ellison protégé, Mike Wilson, David Agus, oncologist, Agus, he'd, Steve Jobs, Sensei, We've, Georges De Keerle, Cerner —, hadn't, Mike Sicilia, Sicilia, Oracle, Anthony Jones Jr, Jones, Donald Remy, didn't, Seema Verma, Neil Evans, Sara Vaezy, Ed Meagher, haven't, Charlie Monroe —, it's, Charlie Bourg —, Bourg, Charlie Monroe, Monroe, Cathy McMorris Rodgers, grandkids, We're, there's Organizations: Oracle's, Oracle, Pentagon, Department of Veterans Affairs, Cerner, RAND Corporation, RAND, Big Tech, GE, Siemens, Cerner Corporation, Defense Department, Department of Defense, Business, Spokane, Ellison Institute of Technology, Microsoft, Agency, Health, Amazon, Veterans ' Affairs, Oracle Health, Navy, Columbus VA, BI, Life Sciences, Intermountain Health, UPMC, DOD, Seabees Locations: Las Vegas, antiaging, Silicon Valley, Spokane , Washington, Cerner, VistA, Bourg, Washington, Sicilia, Ohio, Columbus, Providence, Spokane, Monroe, CloudWorld
“Maycember” is a term that online content creators the Holderness family coined to describe the sheer chaos of the month of May, much like the month of December. Exhausted teenagers are running on empty as the school year comes to an end, while expectations of parental involvement remain high. I’m always grateful for the people who volunteer their time to head up committees on the PTA or parent board. Prioritize mental healthNo good comes from a family running around from event to event without a moment even to enjoy the ones they attend. In a few short weeks, Maycember will be behind us for another year, and we’ll all breathe a sigh of relief.
Persons: , Holderness, it’s, I’ve, there’s, I’m, you’ll, It’s, Maycember, You’ll, Katie Hurley, Strong, Fiona McPhee Organizations: CNN
Mai Mahiu, Kenya CNN —Eleven people and a dog were rescued from the raging flood waters in Kenya on Wednesday, the country’s Red Cross has said. The humanitarian agency described the rescue mission as “challenging” but later offered a glimmer of hope with reports that floodwaters were gradually receding. Residents in Mai Mahiu are frantically sifting through heaps of debris to recover bodies trapped by the floods. When CNN visited the town on Tuesday, corpses could be seen accumulating beneath toppled trees and layers of mud. Evacuation from flood hit areasCitizens in the worst affected areas have been ordered to leave due to fears of more rain.
Persons: Mai Mahiu, Isaac Mwaura, William Ruto, he’s, ” Ruto, Ruto, Mwaura Organizations: Kenya CNN —, Red Cross, Residents, CNN, National Youth Service Locations: Kenya, Kitengela, Kajiado County, Nairobi, Mai
Selective college admissions have been a vortex of anxiety and stress for what seems like forever, inducing panic in more top high school seniors each year. But the 2023-2024 admissions season was not just an incremental increase in the frantic posturing and high-pressure guesswork that make this annual ritual seem like academic Hunger Games. The so-called Ivy-Plus schools — the eight members of the Ivy League plus M.I.T., Duke, Chicago and Stanford — collectively received about 175,000 applications in 2002. In 2022, the most recent year for which totals are available, they got more than 590,000, with only a few thousand more available spots. A legal challenge swept the rules away, freeing the most powerful schools to do pretty much whatever they wanted.
Persons: , clamoring, Stanford — Organizations: Hunger, Ivy League, Stanford Locations: Duke, Chicago, United States
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