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He formerly was a foreign correspondent and bureau chief for The New York Times in Europe and Asia and for CBS News in Paris. CNN —Madeline Albright famously called America the “indispensable nation.” Is former President Donald Trump making America the irrelevant nation? The first steps toward a new direction for such a Europe — without America — are already being taken. Dursun Aydemir/Anadolu/Getty ImagesVon der Leyen has also said that upping European defense production would be a top priority for her second term — not to mention sorting through vastly divergent budgets of the various countries. Still, as a bloc, Europe at about 85 billion euros ($92 billion) has already passed the United States at 66.2 billion euros ($71.6 billion) in total commitments to Ukraine.
Persons: David A, Madeline Albright, Donald Trump, Alexey Navalny’s, Vladimir Putin, Mike Johnson, Johnson, Joe Biden, ” haven’t, Mette Frederiksen, ” Frederiksen, Ursula von der Leyen, Europe’s, Christine Wormuth, Peter, Paul, Kaja Kallas, Dursun, Leyen, Emmanuel Macron’s, Macron, David Lammy, unflinchingly, who’s, ” Kallas, Alar Karis, ” Karis, we’re, Der Spiegel, Organizations: CNN, French Legion of, The New York Times, CBS News, Trump, Republicans, NATO, Security, Danish, America, Africa Command, Getty, Germany’s Kiel Institute, US, Union, Munich Security Conference, British, Labour Party, Estonian, Politico Europe, Kremlin, Locations: Europe, Asia, Paris, America, Russia, Russian, Ukraine, , United States, Munich, Berlin, Brussels, Poland, Estonian, Anadolu, Belgium, Germany, Italy, Netherlands, Turkey, France, Russia’s, Sweden, Britain, German
Kim Kardashian posted a photo of a Tesla Cybertruck on her Instagram. 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 . The billionaire reality-star-turned-mogul showed off a Tesla Cybertruck on her Instagram story on Tuesday with the caption "Cool Carpool Mom." This story is available exclusively to Business Insider subscribers.
Persons: Kim Kardashian, Pharrell Williams, Lady Gaga, Tesla, , she's Organizations: Service, Business Locations: Hollywood
In 2023, her first full year of embracing the status of "influencer," Frankel earned $3.2 million in endorsement deals, according to documents reviewed by BI. Bethenny Frankel, the "accidental influencer"Despite her path to that success through reality TV, she calls herself an "accidental influencer." Photo by Heidi GutmanFrankel's path from reality TV to Skinnygirl to actingFor the unfamiliar, Frankel wasn't just in reality TV — she made Housewives history when she founded Skinnygirl Cocktails and then sold it in 2011. The deal was big enough to prompt networks to include so-called "Bethenny Clauses" in reality TV contracts, which require reality stars to give the networks a cut of businesses promoted on air. "I left reality TV and honestly thought the faucet would turn off because that's what happens, and I was fine with that," she said.
Persons: , Bethenny Frankel, Thomas, Frankel, Fred Flinstone, — Frankel, she's, She's, Dunkin, TikTok, CoverGirl, Frankel doesn't, Heidi Gutman, Frankel wasn't, Frankel haven't, Lady Gaga, Addison Rae, that's Organizations: Service, Business, Housewives, New, Bravo, BI, Brands, L'Oreal, YouTube, SEC Locations: New York, TikTok
CNN —When it comes to a mom’s mental health, grandparents are a big deal, according to a new study. The connection between access to grandparents’ help and lower use of antidepressants was especially strong in mothers who were separated from their partners, the study said. “Grandparents are an important source of support to families with children, and support from others is well-known to protect individuals from depression,” Metsä-Simola said via email. There were instances when grandparents might have a negative impact on the mother’s health. While such support may come from grandparents, families who don’t have that help aren’t at a loss, she said.
Persons: , Niina, , , Simola, ” It’s, Lynne McIntyre, McIntyre, can’t, ” McIntyre Organizations: CNN, University of Helsinki, AFIN Research, Autonomous University of Barcelona Locations: Finland, Spain
Many types of exercise — including walking, jogging, yoga, tai chi, aerobic exercises and strength training — showed benefits as strong as therapy when it came to treating depression, according to the study published Wednesday in the BMJ. “Still, only half of those with depression get any treatment.”Researchers analyzed data from 218 studies on exercise and depression, with more than 14,000 people included. But, given how debilitating it is to have depression, almost all patients should be offered both exercise and therapy,” Noetel said. Setting goals and tracking activity didn’t seem to help in the studies Noetel analyzed. And whether your thing is weight training or walking, you need to make the activity enjoyable to keep it up.
Persons: , Michael Noetel, , Noetel, Adam Chekroud, Chekroud, ” Noetel Organizations: CNN, of Psychology, University of Queensland, Yale School of Medicine, Spring Health Locations: Australia
The price hike comes a year after Shopify raised prices for its base subscription plan. Many have shrugged off the most recent price increase. Shopify frequently touts its third-party app ecosystem as an advantage for merchants looking to grow their business efficiently. Many of the most popular Shopify apps have also raised prices recently. It's possible that some lower-volume Plus merchants will downgrade to more basic subscription options due to cost.
Persons: , Shopify, Andy Cloyd, Stephen Watson, Cloyd, ” Erman Küplü, Küplü, ” Watson, Jeff Hoffmeister, Hoffmeister Organizations: Service, Merchants, Business, Elysian Solutions, BI Locations: GMV, North America, mstone@insider.com
AdvertisementEarlier this month, Bezos announced plans to unload 50 million Amazon shares , worth about $8.5 billion, over the next year. Last week, he sold 12 million shares worth more than $2 billion, per SEC filings. But he stopped in 2022 — the same year Washington state imposed a 7% capital gains tax on gains of over $250,000 for those domiciled there. Florida, in contrast, has a capital gains tax rate of zero. In fact, it is one of the eight states that does not have a capital gains tax.
Persons: Jeff Bezos, he's, , Rich, Lauren Sanchez, Blue, Sanchez, Miami, Bezos, It's, Ken Griffin, Carl Icahn, Daniel Och, Josh Harris, Griffin —, it’s, it's, Bill Gates, Steve Ballmer, MacKenzie Scott Organizations: Miami, Service, SEC, CNBC, Sunshine State, Evergreen State Locations: Washington, Florida, Miami, Canaveral, Texas
Both at the top of their respective industries, Swift and Kelce have become the latest model of a power couple. It isn’t always easy to be part of a power couple, however. Have discussions about what is important to each of you as individuals, as well as the life you are building as a couple, O’Neal said. This mission statement also needs to be clear about who each individual is and what the expectations are of the relationship, Cantor said. A key to a good power couple is prioritizing the relationship and finding ways to lift your partner up when you are on top of the world, O’Neal said.
Persons: Chads, , Taylor Swift, Travis Kelce, Swift, , ” Kelce, Monica O’Neal, ” O’Neal, Caitlin Cantor, ” Cantor, O’Neal, , Cantor, we’ve, Barack Obama, Michelle Obama, Jay, Z, Kelce Organizations: CNN, Kansas City Chiefs, Chiefs, Super, , Psychological, Psychology, Locations: Boston, Philadelphia
More than 100 million people tune in to the Super Bowl yearly, but the halftime show performers are not typically paid any more than SAG-AFTRA's minimum union rate. AdvertisementFirst are the checks for endorsement deals, particularly for ads and campaigns around the Super Bowl. Lady Gaga saw album and song sales skyrocket 1,000% on the day of her Super Bowl gig in 2017, Billboard reported. In past years, StubHub has reported that search traffic has jumped as high as 50% for halftime show acts following the Super Bowl. So, Usher, go get that money, money, money.
Persons: , Usher, He'll, He's, Kim Kardashian's, Rihanna, Lady Gaga, StubHub, he's, we've, Taylor Swift, Beyoncé — Organizations: Service, Super, SAG, Business, NFL, Apple Music, BMW, Bowl, Billboard
A happier life after getting married may not just be in fairy tales. Adults who are married report being far happier than those in any other relationship status, according to a Gallup Poll published Friday. Over the survey period, married people consistently reported their happiness levels higher than their unmarried counterparts, ranging from 12% to 24% higher depending on the year, according to the data. “There’s also famously, for men anyway, a premium associated with being married in terms of earning higher income,” Rothwell said. “I don’t think we’re ever going to get to a point in social science where we can say whether or not and with any precision whether marriage causes happiness,” Rothwell said.
Persons: , Jonathan Rothwell, Bradford Wilcox, Wilcox, Aristotle, Ian Kerner, I’ve, ” Kerner, Monica O’Neal, Rothwell, “ There’s, ” Rothwell, , O’Neal Organizations: CNN, Gallup, Education, University of Virginia, Locations: United States, Boston
The Super Bowl has always been a draw for billionaires and powerful executives. Elon Musk and Rupert Murdoch at the Super Bowl on Sunday. For an extra $10,000 to $250,000, Carrega arranges in-suite meet-and-greets, pre-game huddles, and photo ops with former Super Bowl champions or commentators. Kevin Mazur/Getty ImagesWhen it comes to accommodations, Vegas is proving easier than many other Super Bowl destinations, Brown said. Charter service VistaJet , whose private flights cost between $14,000 and $25,000 an hour, recorded a 25% increase in flight bookings over last year’s Super Bowl.
Persons: , Taylor Swift, Hunt, Denise York, Elon Musk, Rupert Murdoch, ’ Michael Rubin's, Josh Harris, Robert Kraft, Goldman Sachs, David Solomon, Caitlin O’Hara, ” Elisabeth Brown, Barnabas Carrega, they're, Brown, “ Price, ” Carrega, Carrega, ” Brown, ” She’s, Savage, Kevin Mazur, Wynn, Leona Qi, you’re, ” Qi, , Organizations: Service, Business, Chiefs, 49ers, Forbes, Patriots, Reuters, , Knightsbridge, Super, Vegas, Davos Locations: Las Vegas, Sin City, Las, Tampa , Florida, Vegas,
In today's big story, we're looking at the big business of the Super Bowl, from advertisers to the ultraweal thy . Developing and filming a Super Bowl ad typically runs 50% to 60% more than a regular one. AdvertisementFor some first-time Super Bowl advertisers, the commercial is a jumping-off point for a bigger campaign, writes BI’s Lauren Johnson. The Super Bowl is also a calendar staple for the ultrawealthy, writes BI’s Madeline Berg. A record 68 million Americans are projected to bet $23.1 billion on the Super Bowl, according to the American Gaming Association.
Persons: , Taylor Swift, Travis Kelce, Patrick Smith, Emily Stewart, that’s, Ryan Joe, Lara O’Reilly, Ryan, BI’s Lauren Johnson, RYU, BI’s Madeline Berg, Elon Musk, Rupert Murdoch —, VistaJet, BI’s Taylor Rains, Grace Kay, it’s, BI’s Juliana Kaplan, Cork Gaines, Usher, David Rosenberg, Quants, Getty, David Butow Here’s, Tesla, Sissie Hsiao, Bard, Gemini, Uber, Dara Khosrowshahi, Lucas Jackson, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, ign, Super, Elon, Private, American Gaming Association, San Francisco 49ers, Kansas City Chiefs, Renaissance Technologies, Man, AHL, UBS, Google, Reuters, Merchants, Conference, PepsiCo Locations: Sun Valley, YOLO, New York, London
The change comes one year after Shopify raised prices for its base subscription plan. Wall Street analysts have since been looking for the company to raise prices for Plus, which is geared toward larger merchants. The price change is a 25% increase. A Plus subscription gives merchants access to more features and services, like Shopify's B2B tools and its customer-acquisition product Shopify Audiences. At the time of publishing, Shopify's stock is up 3% to around $88 compared to an opening price of $85.
Persons: , Shopify Organizations: Service, Business, Wall Street, Merchants, Shopify, BI Locations: mstone@businessinsider.com
Disney CEO Bob Iger and activist investor Nelson Peltz are still sparring despite stellar earnings. All signs point to the fact that Peltz's second Disney proxy fight is still on. AdvertisementDespite what one analyst has called Disney's "epic quarter," tensions between CEO Bob Iger and activist investor Nelson Peltz seem to be running as high as ever. And the verbal jabs both sides threw at each other indicate the proxy fight is still on. Peltz has specifically lamented Disney's streaming losses, a pause in dividends, and the lack of a comprehensive succession plan.
Persons: Bob Iger, Nelson Peltz, Peltz's, , Taylor Swift, Disney's, hasn't, Iger, Trian, Peltz, Peltz hasn't Organizations: Disney, Peltz's Trian, Service, Epic, Fund Management, CNBC
Sexual function — which includes factors like desire, arousal and pleasure — in men and women decreased significantly after the start of the Covid-19 pandemic, according to a January 2022 meta-analysis of 21 studies published in the journal BMC Public Health. And women — even more so than men — struggled when it came to desire. Many people, particularly women, tend to experience what is called responsive arousal as opposed to spontaneous arousal, she said. And the data showed that men were more likely than women to seek professional help for the sexual problems they experienced, he said. “Unfortunately, I think we’ve sort of normalized sexual difficulties for women,” he added.
Persons: don’t, , “ I’ve, , Vanessa Marin, , Marin, Justin Lehmiller, Lehmiller, ” Marin, Deborah Fox, Fox, ” Lehmiller Organizations: CNN, BMC Public Health, Kinsey Institute, Indiana University, Fox Locations: Santa Barbara , California, Washington ,
The new app has a familiar name: Shopify Fulfillment Network. With the new Shopify Fulfillment Network , merchants can sign up to use Flexport's services through Shopify's app. The newly named Shopify Fulfillment Network is not merchants' only option for fulfillment. Wong said the company had also indicated Flexport would not be the exclusive provider for Shopify Fulfillment Network. "They've definitely given themselves more choices than there were before when it was just Shopify Fulfillment Network or bust," he said.
Persons: Shopify, Tobi Lütke, Oppenheimer, Ken Wong, Wong, It's, Flexport, They've Organizations: Shopify Logistics, Business, Shopify, Flexport, Amazon Locations: Flexport, mlstone@protonmail.com
Lufthansa Strike Hits Air Travel as German Disruption Mounts
  + stars: | 2024-02-07 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +1 min
BERLIN (Reuters) - Ground staff at German airline Lufthansa walked out at major airports on Wednesday, raising the pressure in wage talks and piling misery on travellers in Europe's biggest economy already hit by strikes on railways and public transport. The Verdi union has targeted the Frankfurt and Munich airports, where Lufthansa says only 10%-20% of flights will operate, as well as Berlin, Hamburg and Duesseldorf. Verdi wants a wage rise of 12.5% for some 25,000 workers, or at least 500 euros ($537.00) more per month over a 12-month-period, plus a one-time payment of 3,000 euros to offset inflation. A wave of nationwide industrial action in the last few weeks has hit air travel, railways and public transport, inflicting pain on the economy and fuelling discontent with German Chancellor Olaf Scholz's awkward three-way coalition. ($1 = 0.9311 euros)(Writing by Madeline Chambers; Editing by Miranda Murray)
Persons: Verdi, Duesseldorf, Olaf Scholz's, Madeline Chambers, Miranda Murray Organizations: BERLIN, Lufthansa, Frankfurt Locations: Europe's, Munich, Berlin, Hamburg
Disney's fiscal first-quarter earnings per share beat expectations and it said its full-year EPS will rise at least 20% from 2023. Iger also unveiled his strategy and timeline for bringing Disney's flagship sports network ESPN into the streaming era. AdvertisementThe company will launch a stand-alone streaming service with ESPN and its sister networks in the fall of 2025, something Iger called "inevitable." Even if there's consumer demand, the JV faces several hurdles, from challenges brought by existing distributors to antitrust opposition, LightShed Partners wrote in a note published ahead of Disney's earnings release. Challenges aside, the new sports streaming strategy is a big step forward for Iger and Disney.
Persons: , Bob Iger's, Iger, Taylor Swift, Nelson Peltz, Bob Chapek's, Peltz's, Disney, Paul Verna, Alpha, LightShed, Iger didn't, Trian, Elon Musk, Gina Carano's, Iger's Organizations: Service, Disney, Epic Games, Peltz's Trian Fund Management, Blackwells, ValueAct, Business, Iger, Insider Intelligence, ESPN, Disney's, Fox, Warner Bros, JV, LightShed Partners, Marvel, CNBC Locations: Moana
Fold a fitted sheetYou start with the best intentions, but you end with a balled-up fitted sheet tossed into a linen closet, right? Then use your right hand to tuck that corner inside out over the one in your left hand. Keeping the two corners in your left hand, pull the top edge straight with your right hand. Using your right hand to secure the fold, shake out the sheet to even out the bottom. Follow the elastic edge down with your right hand until you get to the third corner, and fold that one over to join the other two in your left hand.
Persons: Martha Stewart ”, Martha Stewart, Stewart Organizations: CNN, Everett
The plan calls for providing savings accounts for every child in the U.S. on state 529 college savings platforms, which would be managed by state Treasurers. More from Personal Finance:IRS to launch free tax-filing pilot programJamie Dimon: Improving earned income tax credit is 'no brainer'Biden has forgiven student debt for millions. Children in households that are eligible for the earned income tax credit — which aims to reduce the federal tax burden for low- to moderate-income workers — would receive additional aid. The proposal comes as Congress is poised to consider a new expansion of the child tax credit. Estimates have found the new child tax credit could help about 16 million children from low-income families in the first year, according to the Center on Budget and Policy Priorities.
Persons: Democratic Sens, Bob Casey of Pennsylvania, Chuck Schumer, Ron Wyden, Don Beyer of Virginia, Joyce Beatty, Suzan, Jamie Dimon, Biden, Casey, Momo, Roth, I'm, Madeline Brown Organizations: Democratic, New, Reps, Finance, IRS, Getty, Center, Budget, Urban Institute, D.C Locations: New York, Oregon, Joyce Beatty of Ohio, Washington, U.S
Flexport has laid off 15% of workers
  + stars: | 2024-01-31 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +1 min
Flexport laid off 15% of employees on Wednesday. Flexport last laid off employees in October. AdvertisementFlexport laid off 15% of its workforce, or about 400 workers, on Wednesday, according to a person familiar with the matter. The cuts mainly impacted employees in North America's corporate overhead and research and development. The freight forwarder last laid off workers in a round of cuts that impacted 20% of the company in October.
Persons: Flexport, , Ryan Petersen Organizations: Service Locations: North
GENEVA (AP) — Despite the disqualification of Kamila Valieva in a doping case, the Russian figure skating team still stands to finish on the podium and get bronze medals from the 2022 Beijing Olympics behind the United States and Japan. The Americans moved into the gold medal position in the team event and Japan has been upgraded to silver from bronze. The demoted Russians drop into third place, one point ahead of Canada even after being stripped of the points the then-15-year-old Valieva earned on the ice. “Skate Canada strongly disagrees with the ISU’s position on this matter and will consider all options to appeal this decision,” the country’s figure skating body said in a statement Tuesday. The Olympic leadership is currently in South Korea for the Youth Winter Games and could address the skating medal issue there.
Persons: Kamila, Valieva, , Madeline Schizas, Kaori Sakamoto, Dmitry Peskov, Peskov, Anna Shcherbakova, James Ellingworth, ___ Organizations: GENEVA, Skating Union, ISU, Sport, Russian Olympic, “ Skate, International Olympic Committee, Skate Canada, Russian, Doping Agency, , Olympic, IOC, Winter, AP Locations: Russian, United States, Japan, Canada, Beijing, Sochi, Lausanne, Switzerland, Stockholm, Sweden, Russia, China, Montreal, South Korea, Duesseldorf, Germany
Lawyers representing Wealth Assistants' former clients are seeking to freeze assets belonging to Carroll, Max K. Day, Max O. When Wealth Assistants informed its clients in October that it planned to shut down, it provided a list of alternative providers clients could work with to manage their stores if they promised not to sue Wealth Assistants. According to the lawsuit, some former Wealth Assistants clients later started receiving emails from Wholesale Universe saying that Wealth Assistants had purchased an inventory package for them to use with Wholesale Universe. Advertisement"Wealth Assistants and Wholesale Universe made that transfer for the purpose of preventing Wealth Assistants' current and future creditors, including Plaintiffs, from accessing Wealth Assistants' assets," the complaint reads. Wealth Assistants claimed that the digital bank froze its accounts without warning or explanation in October and is still withholding its funds.
Persons: , Ryan Carroll, Max K, Max O, Carroll, Yax, Daddy Jules, Max Day, Troy Marchand, Bonnie Nichols, Marchand, Nichols Organizations: Service, Business, Amazon, Amazon . Business, Court, Lamborghini, Trading, Oak Properties, MKD Investment, Private Management Company, Max, HouTex Farm Equity Partners, Business Financial Solutions, Evo Maxx, Management, Wholesale, Tennessee, Bank, Wealth, Bank of America Locations: California, San Bernardino County, Oak, mstone@insider.com
CNN —First, Stanley cups were all over social media because so many people wanted them. Videos on social media sites such as TikTok show people breaking out a lead testing kit and trying it on their Stanley cups and other travel flasks. And Stanley cups are everywhere. Stanley cups are in the hands of beauty bloggers, the cars of parents at school pickup, and even on the Christmas lists of many kids this past year. The main source of lead exposure in the United States comes from inhaling dust or eating particles contaminated by paint chips.
Persons: Stanley, , Jane Houlihan, ” Houlihan, It’s, , CPSC, Patty Davis, ” Davis, Olga Naidenko, Naidenko Organizations: CNN, Stanley, Pacific Market, , US Centers for Disease Control, Healthy, US Consumer Product Safety, Amazon, US Environmental Protection Agency, CPSC, US Consumer Product, Safety Commission, CDC, Environmental Protection Agency Locations: Washington, DC, United States
Brothers Liam, 23, and Travis Gerada, 20, were Shopify merchants before they decided to get into the more technical side of e-commerce. They found that running a modern e-commerce business requires many different software integrations that often don't share data with each other, making it difficult to manage and make decisions. Some use Shopify or other platforms like WooCommerce, while others have used Krepling to grow from the ground up. "We found that merchants were typically expanding their e-commerce stack to optimize the cost to reach different consumers across many different channels. Take a look at the 13-slide pitch deck that Krepling used to raise its seed round:
Persons: Liam, Travis Gerada, they're, Krepling, Jason Calacanis, Liam Gerada, Gerada Organizations: Business, Bull City Venture Partners, Ventures, Tribes Ventures, Colabora Ventures, Broadshade Investments Locations: GMV
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