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A man was caught trying to leave Ukraine via the Dniester River — on an air mattress. Ukrainian border agents found him paddling with his arms in an attempt to reach Moldova. AdvertisementUkraine's border service said on Wednesday that it caught a man attempting to cross into Moldova by "swimming" on an inflatable mattress in the Dniester River. The border service did not say if the man on the mattress was trying to dodge the draft. This isn't the first time the Ukrainian border service has caught someone in an air mattress-related incident.
Persons: Organizations: Service, State Border Service, Dnipro, dodgers, The New York Times, BBC, NATO, Agents Locations: Ukraine, Moldova, Romanian, Russia, Ukrainian, Hungary, Kyiv
In the next few years, Zuckerberg sees three ways AI can become a "massive business" for Meta. Related storiesHe sees "several ways" generative AI can make money, and laid out three specific paths to this becoming "a massive business" for Meta. Ads appearing in "AI interactions"Another way generative AI could make money for Meta is by "introducing ads or paid content into AI interactions," Zuckerberg said. AdvertisementSelling access to AI modelsA third distinct way Meta may make money from AI is by selling access to models as they get larger. "Enabling people to pay to use bigger AI models and access more compute," as Zuckerberg put it on Wednesday.
Persons: Mark Zuckerberg, Zuckerberg, , we're, Meta Organizations: Meta, Service
Pictured here is the Zeekr 001 electric car at a services trade fair in Beijing on Aug. 31, 2023. China News Service | China News Service | Getty ImagesBEIJING — Chinese electric car brand Zeekr is selling more vehicles than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC on Wednesday. For the first three weeks of April, Zeekr sold 500 more cars than Tesla in the province of Zhejiang, where Zeekr and its parent company Geely are based. Zeekr also slightly outsold Tesla in the province of Anhui, near Shanghai, and Guangxi, an autonomous region in southern China. The rapid rise of Chinese electric car companies, however, has also prompted the EU and U.S. to consider measures for protecting their own auto industries.
Persons: Andy, Elon, Tesla, Zeekr Organizations: China News Service, Getty, CNBC, EU Locations: Beijing, BEIJING, China, Europe, Latin America, Zhejiang, Anhui, Shanghai, Guangxi, Sweden, Netherlands, America, Hong Kong, Macao, Singapore
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMacao Government Tourism Office discusses its goal of welcoming 33 million visitors in 2024Cheng Wai Tong, deputy director of the Macao Government Tourism Office, says it has fulfilled its target for the first quarter and discusses the markets it's focused on.
Persons: Cheng Wai Tong Organizations: Email, Tourism Office, Macao Government Tourism Office Locations: Email Macao, Macao
One strategist, however is looking keenly at European equities, and notes that "Europe isn't a boring market." "You would hope that will translate through to the stock market in terms of company earnings growth in Europe. "While you might see some kind of short-term downturn, in the longer-term the picture is very positive for the sector," Field added. He sees value in payments, which he described as "one of the most undervalued parts of European financial services." The sector has trailed market performance, with valuations looking "interesting" over the last 12 months, Morningstar noted in its recent report.
Persons: Michael Field, Field, Morningstar Organizations: CNBC Pro, European Central Bank, Consumer, Swatch Group, Financial, Morningstar, ING Bank, Group, Health, Novo Nordisk Locations: U.S, Europe, Netherlands, British, Swiss
I'm a working mom who incorporates solo trips into my business travel. a working mom who incorporates solo trips into my business travel. My heart skipped a beat, and my not-so-new best friend, "mom guilt," walked through the door. AdvertisementBut while traveling with children is fun, I missed the spontaneity and the flexibility of solo travel. The sense of calmness was a feeling I rarely find as a working mom, and I loved it.
Persons: I'm, , we've, I've, Spriha Srivastava, Lean, he'll Organizations: Service, British Psychological Society, Pew Research, Metropolitan Museum of Art Locations: New York, Manhattan, China, Angkor Wat, Cambodia, Singapore
Gek Teng Pang founded Surrey Hills Grocer in 2021. Success didn't come easy for Pang Gek Teng. Today, she is the proud founder and CEO of Surrey Hills Grocer, an Australian-inspired grocer and café brand with five locations across Singapore. Navigating the entrepreneurial worldBetween quitting her job and starting Surrey Hills Grocer, Pang founded five different businesses. Pang opened her first Surrey Hills Grocer store in December 2021, and eventually went on to open four other locations.
Persons: Gek Teng Pang, Pang Gek Teng, Pang, That's, , Alvin Lau, she's Organizations: Surrey Hills Grocer, CNBC, Surrey Hills, University of Newcastle, CNBC she's Locations: Singapore, Australian, Australia, Surry Hills
Gwyneth Paltrow is worried about becoming an empty nester too. "It's kind of giving me a nervous breakdown, if I'm honest," Paltrow said at her 11th In Goop Health summit. Paltrow has two kids, Apple and Moses, with her ex-husband Chris Martin. AdvertisementGwyneth Paltrow is nervous about becoming an empty nester when her son heads off to college this fall. This isn't the first time Paltrow has spoken about becoming an empty nester.
Persons: Gwyneth Paltrow, Paltrow, Moses, Chris Martin, , Coldplay, Apple, Brad Falchuk, Jennifer Freed, Jessica Sosso Organizations: Service, Hollywood, Apple, Vanderbilt University, Brown University, Times, Mayo Clinic Locations: Wisconsin, Mayo
People living in RVs or cars has surged in Bozeman, Montana, as housing costs have spiked. "Urban camping" has made the city's unhoused population more visible. City officials say the number of Bozeman residents living in their RVs or cars spiked by 200% in two years, according to Montana PBS, which cited the city. "This — with urban camping, RVs, more cars — This is a recent phenomenon." "First, these folks are our residents too," the city website says when discussing how it's addressing urban camping.
Persons: , Terry Cunningham, Mayor Cunningham, Steven Ankney Organizations: Service, West ., Montana PBS, Bozeman, PBS, Bozeman Daily Chronicle, Resource Development Council Locations: RVs, Bozeman , Montana, Bozeman, Montana, , West, West . Bozeman, Yellowstone, Gallatin County
But Matty Healy says he hasn't "really listened to that much of it." AdvertisementTaylor Swift's "The Tortured Poets Department" may have broken multiple streaming records, but Matty Healy says he hasn't "really listened" to the album yet. I haven't really listened to that much of it, but I'm sure it's good," Healy said of the album. Healy's response may surprise some, considering how fans have speculated that he is the subject of several songs on Swift's album. On Wednesday, streaming giant Spotify said that Swift's album had become the platform's "most streamed album in a single week," surpassing a billion streams since its release on Friday.
Persons: Taylor Swift's, Matty Healy, Healy, , Taylor, Swift, Joe Alwyn, Travis Kelce, would've, Swift didn't Organizations: Poets Department, Service, Department, Kansas City Chiefs, GQ, Spotify, BI
The Department of Justice is investigating McKinsey for advising opioid producers on boosting sales. The firm previously paid nearly $1 billion to resolve lawsuits related to its opioid work. The investigation is also looking at potential obstruction of justice by McKinsey and its employees. News of the investigation underscores how McKinsey's opioid work — which the firm said it stopped in 2019 — continues to plague the consultancy. In a 2018 email, for example, a since-fired McKinsey executive wrote to another senior executive about the firm's legal risk.
Persons: , Endo, Martin Elling Organizations: Justice, McKinsey, Service, McKinsey & Company, US Department of Justice, Street, Purdue Pharma, DOJ, of, Purdue Locations: Virginia, Western, of Virginia, of Massachusetts, Seattle
Read previewPlenty of context is required to understand why Taylor Swift and Kim Kardashian are paired in new headlines this week — especially since, to the public's knowledge, they haven't interacted in years. It all started when Kardashian released clips of a phone call between Swift and Ye, without Swift's knowledge or permissionTaylor Swift, Kanye West, and Kim Kardashian at the 2015 Grammys. Kardashian's footage shows the rapper reading Swift the original line, "I feel like Taylor Swift might owe me sex," which she approvingly described as "obviously very tongue-in-cheek." Swift also liked a BuzzFeed headline that argues, "Everyone Owes Taylor Swift An Apology," among others, including a fan-made "Taylor told the truth mood board." AdvertisementIn 2024, Swift's song Thank You Aimee' reignited interest in her fued with KardashianTaylor Swift and Kim Kardashian.
Persons: , Taylor Swift, Kim Kardashian, Swift, Aimee, aIMee, Kardashian, Kardashian's, Kanye West, Ye, Kanye, Larry Busacca, Pablo, Taylor, Beyoncé should've, Beyoncé, Tree Paine, KimExposedTaylorParty, egged, — Kim Kardashian, Rolling Stone, Kardashian Taylor Swift, Kevin Mazur, Dave J Hogan, Dimitrios Kambouris, WireImage, It's, I'm, you've, didn't, Nobody, Paine, Cassandra, Jeff Kravitz, Steve Granitz, FilmMagic Swift, KIM Organizations: Service, Department, Business, Swift, Guardian, Kanye, YouTube, WHO, World Health Organization, America, Poets Department
META YTD mountain Meta Platforms YTD Meta has the biggest tailwind on Earth being dangled in front of it — the newly signed law that says Chinese company ByteDance must sell TikTok or face a U.S. ban on the short-form video platform. AMZN YTD mountain Amazon YTD Amazon is also in the loved category but reports this coming Tuesday. NVDA YTD mountain Nvidia YTD I have no idea how Nvidia got to be a fence-sitter. AVGO YTD mountain Broadcom YTD Broadcom is iffy. CRM YTD mountain Salesforce YTD Salesforce has become mighty complicated.
Persons: I'm, Mark Zuckerberg, Meta, Andy Jassy, It's, Claude AI, Jensen Huang, Nvidia's, hasn't, it's, Hock Tan, Salesforce, Marc Benioff, what's, that's, Jim Cramer's, Jim Cramer, Jim, Carlos Barria Organizations: Microsoft, Meta, he's, Google, Amazon, Services, Nvidia, Broadcom, Blackwell, VMWare, calvary, PayPal, Informatica, Apple, CNBC, Facebook Locations: U.S, Oregon, Informatica, China, Menlo Park , California
Seems like Taylor Swift has been into writing poetry since she was in elementary school. Barbara Kolvek, a retired music teacher, spoke to CBS Philadelphia about what Swift was like as a student. "She always was writing poetry, always. Even in music class when she shouldn't," Kolvek said. "She always was writing poetry, always.
Persons: Taylor Swift, Barbara Kolvek, Swift, Kolvek, , Barbara Kolvek —, Pottstown , Pennsylvania —, Freddie Organizations: CBS Philadelphia, Service, Wyndcroft School Locations: Pottstown , Pennsylvania
What if no one wants a cheap Tesla?
  + stars: | 2024-04-24 | by ( Matt Turner | Hayley Peterson | )   time to read: +6 min
Even at a lower price, say $25,000, it's a very significant purchase — likely one of the most expensive purchases a person will make. AdvertisementSo let's for a second look at why a lower ticket price might not be a panacea for Tesla. There are many other Tesla buyers, of course, but as Tesla introduces lower-cost models in search of different buyers, needs will shift. Musk and Tesla are politicizedAs Tesla looks to lure potential new buyers with a cheaper car, it will have to contend with souring consumer sentiment toward the EV maker. Maybe the pool of buyers for a cheap Tesla will be ginormous.
Persons: , Tesla, Elon Musk, TSLA, EVs, It's, BYD, Musk, it's Organizations: Service, Business, Tesla, EV, UBS, Infrastructure, Honda Civic, Toyota, Reuters, Bloomberg, Association, Renault, Elon Locations: California, headwinds, China, India
AdvertisementWhen I was a kid, my parents had me try cottage cheese. AdvertisementI made the TikTok-viral high-protein pasta sauce firstSome of the most popular recipes involve blending cottage cheese with your pasta sauce of choice. The eggs improved my gains in the gymI whisked eggs, cottage cheese, salt, and pepper before adding everything to the skillet. AdvertisementJulia PugachevskyIn a blender, I added the cottage cheese, protein powder, cocoa powder, tahini, oats, and almond milk. Eating this felt like a punishment, but I don't want to slander poor cottage cheese: she did no wrong here.
Persons: I've, It's, TikTok, , TikToks, Julia Pugachevsky, Parmesan, skillet, Julia Pugachevsky I've Organizations: Service
Former Bing chief Mikhail Parakhin appeared to subtly criticize Microsoft AI CEO Mustafa Suleyman. Parakhin wrote it's "hard to disagree" when an X user said "we need you." The comment was in response to a post quoting Suleyman's recent TED Talk that was blasted by VCs. Mikhail Parakhin, who stepped down from his role just days after Suleyman became CEO of Microsoft AI, commented under an X post about the DeepMind cofounder. An X user wrote "We need you ngl" (short for "not gonna lie") under a post summarizing Suleyman's TED Talk last week, which some critics have been ripping into.
Persons: Mikhail Parakhin, Mustafa Suleyman, Parakhin, Suleyman's, , Suleyman Organizations: Bing, Microsoft, VCs, Service, Business
That rate of rapid wealth growth has never happened before in the data series' history, per the analysis, and it comes after wealth growth remained relatively stagnant for young Americans pre-pandemic. This data, as the authors of the CAP analysis note, suggests that wealth gains weren't just reserved for the top-earning millennials since both median and average wealth grew. "This suggests that the strong wealth growth for younger Americans is broad-based and not the result of strong growth of a handful of wealthy younger households," the authors write. As that report notes, financial assets were a major component of younger Americans' wealth growing. "We need to keep this robust labor market going and Congress needs to set its sights on younger Americans' greatest affordability challenge: housing," Duke said.
Persons: , Gen X, Brendan Duke, Christian Weller, X, millennials, Duke, BI's Noah Sheidlower Organizations: Service, Center for American Progress, Federal, Business, Boomers, Federal Reserve's Survey, Consumer Finances, millennials, Liberty Street, Federal Reserve Bank of New Locations: millennials, Federal Reserve Bank of New York
AI is transformative, but it's hard to determine its stock winners, Howard Marks told CNBC. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementArtificial intelligence might end up changing the world, but that alone can't determine the success of its underlying assets, Howard Marks said. When it comes to AI, Marks acknowledged the technology's transformative potential, and he himself can't say whether its beneficiaries are already under or overvalued. "So to say well, I think that AI will be very important, that's the easy part," the billionaire investor said.
Persons: Howard Marks, , it's, Marks, Goldman Sachs, Wall, Steve Eisman, they're Organizations: CNBC, Service, Bank of America
It's an urgent question — what do we do with the 40 million tons of plastic waste we produce annually? One year of plastic waste is roughly enough to smother the entirety of Manhattan a meter deep, and it has to go somewhere. For decades, America sent its plastic waste to countries like China and Indonesia. Unlike aluminum or glass, the plastic that can be recycled rarely results in replacing one recycled water bottle with another. By downcycling a tiny portion of plastic waste, companies can genuinely reuse a relatively small share of plastic, while convincing consumers that the industry has created a circular economy of infinitely recycled plastic.
Persons: Kartik Byma, they're, Tim Miller, Susan Freinkel, Nestlé, Lea Suzuki, Larry Thomas, what's, Taylor Dorrell, Biden, that's, Taylor, Miller, Kelley Sayre, Vicky Abou, it's, Mike Bloomberg, Bloomberg, Espen Barth Eide, Norway's, Abou, It's Organizations: Getty, America, Chevron, Exxon, Paper Stock, Plastics Industry Association, Organization for Economic Co, San Francisco, NPR, International Energy Agency, ExxonMobil, Alterra Energy, National Renewable Energy Laboratory, Royal Paper Stock, Akron, Buckeye Environmental, Business, Eastman Chemical Co, American Chemistry Council, New, Beyond Plastics, UN, Buckeye Environmental Network Locations: America, Manhattan, China, Thailand, Malaysia, Indonesia, AFP, Ohio, American, San Francisco, Akron, Taylor Dorrell Akron , Ohio, United States, Oregon, New York City
Use large artwork to create an illusion of grandeur. A statement piece can set the tone for your entire apartment. Think of it as a statement piece that doubles as the room's focal point. When you're working with a small space, it's important to choose a piece that packs a punch. That way, when someone walks into your space, they'll be wowed by the piece and forget all about how small your space is.
BI just published an investigation into special education-focused schools owned by PE firms. NEW LOOK 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 . AdvertisementMy colleague Meghan Morris just published an investigation into what happened to a chain of special education-focused private schools when a private equity firm took over. This story is available exclusively to Business Insider subscribers.
Persons: , Meghan Morris Organizations: PE, Service, Business
Taylor Swift fans believe "The Black Dog" on her new album is about a London pub with the same name. Tracy, Claudine, and Joy outside The Black Dog pub. Ayomikun AdekaiyeroThe Black Dog now serves Taylor Swift-themed burgers and drinksAnd the owners of The Black Dog couldn't be happier to be touched by the "Taylor Swift effect." Photos of Taylor Swift's lyrics outside The Black Dog Pub. The Taylor Swift effect can't be underestimated," she says, although won't tell me exactly how many fans have visited.
Persons: Taylor Swift, , Tracy, Joy, Claudine, Swifties, Swift, Matty Healy, Joe Alwyn, Erika Goldring, Jeff Kravitz, Chris J Ratcliffe, I'm, Adekaiyero, Taylor, Travis Kelce, Lily Bottomley, Taylor Swift's, Bottomley, Healy, Alwyn, There's, it's, Asim, Lauren, Lawrence, Hollie Spence, Ashleigh Cusack, Spence, Cusack, She's, Ayomikun Adekaiyero Bottomley, We're Organizations: Swifties, Service, Swift, Poets Department, NFL Locations: London, New Zealand, Swifties, Instagram, Kent
The newest entrepreneurs are both young and old and looking to grow their wealth through their businesses. The share of new Hispanic entrepreneurs rose from 8% in 2022 to 13% in 2023, Gusto found. Many new entrepreneurs are open to using AI tools and hiring remote workers, per the Gusto survey. The share of entrepreneurs who started a business while juggling another gig rose from 27% in 2022 to 44% in 2023. The Babson report found that most US entrepreneurs, 71%, were motivated by the prospect of boosting their wealth through their businesses.
Persons: They're, , Ewing Marion, Luke Pardue, Babson, Entrepreneurship isn't Organizations: Service, Bureau of Labor Statistics, Babson College, Midwest Women, Pew Research Center, Ewing Marion Kauffman Foundation, Bureau, Kauffman Foundation, Entrepreneurs, Business Administration, Entrepreneurship Locations: Midwest, New Hampshire, Minnesota, Montana, Northeast, West
There's only one person to blame for the company's shambolic state and only one person whose exit could save Tesla: Elon Musk. Investors want to see a concrete plan for a whole new fleet of Teslas made for a leaner, meaner EV market. The company needs a serious leader with practical ideas — no self-driving gimmicks, no blowtorches, no broken Cybertrucks, no shitposting, no video-game marathons, and no casual ketamine use. AdvertisementA true visionary CEO — which Musk has long claimed to be — would have pressed the advantage that Tesla developed in the EV market. He asserted that Tesla was not a car company but rather an AI robotics company.
Persons: Tesla, Elon, Musk, Gross, Teslas, Ross Gerber, Gerber Kawasaki, Tesla's, Gerber, Ron DeSantis, Navdeep Sodhi, innovating, , Elon fanboys, Lex Luthor Organizations: Tesla, EV, Reuters, Bloomberg, Auto, Twitter, bungled, Sodhi, Fremont Factory Locations: Shanghai, San Jose, China, Elon, Germany, Texas, Beijing, Red, Berlin
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