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☆ Credit Suisse's investment bankers are bracing for another case of 'rinse and repeat' as they await the bank's second strategic review in a year. Insiders describe an environment of uncertainty and cy
▼ + stars: | 2022-09-27 | by ( Aaron Weinman | ) www.businessinsider.com time to read: +7 min

Investment bankers at Credit Suisse are stuck in limbo and are bracing for heavy cuts as the bank rolls out another strategic review. Among the plans reported to be under consideration are a three-way split of the investment bank, according to the Financial Times. This review of the investment banking business is Credit Suisse's second in a year. Credit Suisse will update the market when it reports third-quarter results on October 27. Bracing for changeThe investment bank was known as Credit Suisse First Boston until 2005.

☆ They Wanted Good Light and a Dog Park. But the Front Door Could Not Face South.
▼ + stars: | 2022-09-22 | by ( Debra Kamin | ) www.nytimes.com time to read: +3 min

When Anjali Ramani and Konstantinos Koiliaris set out to look for a new home last summer, they knew they wanted something turnkey, with good light and at least 1,000 square feet. Ms. Ramani, 26, was born in Singapore to an Indian family committed to Vastu Shastra, the ancient Indian philosophy of architecture and design. “When my parents checked, they told us the door either had to face north or east to be good for us and to bring us happiness,” Ms. Ramani said. “We always thought we’d start with something small, maybe just try to get our hands on a one-bedroom, and go from there,” Ms. Ramani said. “A lot of our house-hunting was actually about his preferences,” Ms. Ramani said.

☆ 'Bond' producers say they love Idris Elba - but don't celebrate just yet
▼ + stars: | 2022-09-22 | by ( Lisa Respers France | ) edition.cnn.com time to read: 1 min

(CNN) The world may finally have to let go of Idris Elba playing James Bond. The producers of the franchise have responded to Elba expressing that he's not exactly interested in the role, despite public outcry for him to play 007. "I don't think that playing Bond will satisfy some of my personal goals," he said during an episode of HBO's "The Shop." (HBO and CNN are both part of Warner Bros. Discovery.0Elba said everywhere he goes people mention Bond, "And I feel it is beyond me at this juncture." Producers Barbara Broccoli and Michael G. Wilson talked to Variety about the popular franchise and Elba.

☆ Biogen's latest clinical trial is inching towards the finish line. Here's why analysts say the results could disrupt the future of Alzheimer's care.
▼ + stars: | 2022-09-19 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +7 min

It's a complicated, debilitating illness and drug companies have struggled for years to come up with viable treatments. Other big drug companies such as Roche Holdings and Eli Lilly are pursuing similar treatments, with results expected to come later this year and early next year, respectively. "I think people's confidence in the amyloid hypothesis would go down even further, but ultimately people would wait to see what those other data events show," he said. Negative results might give a boost to companies that are exploring alternate ways to treat Alzheimer's disease. And though Biogen's drug is furthest along in development, it's far from being the only treatment being tested for Alzheimer's.

Maskot/Getty ImagesPaying with a credit card rather than a debit card or cash gives you more security in the event of fraud. Note that credit card lenders may use many different variations of credit score models when considering your application. Credit card? If you do use a credit card, make sure to pay off your balance in full by the due date to avoid interest charges. If you use your credit card like a debit card, it offers the best protections at checkout.

Producer Dan Lin attends the premiere Of Warner Bros. Pictures' "The LEGO Batman Movie" at Regency Village Theatre on February 4, 2017 in Westwood, California. Movie producer Dan Lin, who had been in talks to become head of Warner Bros. The news comes during a tumultuous time for the newly formed Warner Bros. Warner Bros. recently moved its "Aquaman" sequel, which was set for a March 2023 release, to December 2023. Warner Bros.

☆ VMware employees describe 'aggressive' recruiter outreach from AWS, Google, and IBM after Broadcom deal announced
▼ + stars: | 2022-08-25 | by ( Jessica Xing | Jacob E. Robbins | ) www.businessinsider.com time to read: +5 min

VMware employees are leaving the firm in droves after Broadcom announced its plans to buy the firm. Employees told Insider they received an "onslaught" of recruiter emails after the announcement. Days after the chip firm Broadcom announced a $61 billion deal to acquire the cloud-computing company VMware, recruiters could sense the malaise within VMware — and they pounced. Seven current and recent VMware employees said they'd been approached by recruiters in large volumes following the announcement of the acquisition. Unless I'm actively looking and applying for positions, I haven't been directly reached out to," the engineer told Insider.

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Persons: Ally, Freddie Mac, Chase DreaMaker, Chase Bank's DreaMaker, Chicago —, Chase, Homebuyers, Federal's, J.D, Powers, JD Powers, HomeOne, Power's, Fannie Mae Organizations: FHA, USDA, NAF, Bank, Ally, Chase Bank, Standard Agency, Chase, Chicago, Federal Credit, Navy, Navy Federal Credit Union, Navy Federal, PNC Bank, DC, PNC Community Loan, PNC, U.S . Department of Agriculture, Rocket Mortgage, Card, Rocket, U.S, Mortgage Guild Mortgage, Homebuyer, Better Business Bureau, JD, Better, Chase Bank Chase Bank, Federal Credit Union Navy Federal Credit Union, Defense Department, Bank PNC Bank, . Mortgage, Mortgage, Reserves National Guard, National Association of Realtors, CNBC, Federal, CNBC Select's, Facebook, Twitter Locations: VA, New York, Philadelphia, Detroit, Charlotte, North Carolina, New York City, Los Angeles, Atlanta, Washington, U.S, Oregon, Hawaii

☆ Congress treats the Congressional Budget Office like a crystal ball for legislation, but one economist says their models are built on flawed assumptions
▼ + stars: | 2022-03-12 | by ( Paul Constant | ) www.businessinsider.com time to read: +6 min

In a recent episode, he spoke with economist Mark Paul about the role of the Congressional Budget Office. They run these economic models that I think are the most important policy models out there." The CBO's models are built from flawed assumptions that don't necessarily reflect how legislation might actually behave in the real world. "In the economics literature, what we find is that on average public investment is at least as productive as private investment — and often more so," Paul said. "In fact, there's this really well-known review that shows that public investment is 50% more productive on average than private investment."

☆ Netflix ratings reflect an effective original content strategy
▼ + stars: | 2016-04-09 | by ( Robert Elder | ) www.businessinsider.com time to read: +5 min

Netflix's original series receive higher ratings than other Netflix content, suggesting that the streaming service's focus on original content is satisfying its subscribers, according to AllFlicks data shared with Business Insider. This suggests that Netflix's push to focus on original content is working — a strategy that other streaming services should bear in mind. The Netflix logo is is shown on an ipad in Encinitas, California Thomson ReutersAccording to the data, Netflix's original content rates 11% higher than its licensed content. Nevertheless, the higher ratings attributed to original content can serve as an important pointer for both Netflix and competing streaming services. In this regard, the relatively high ratings of Netflix's original content vindicate the company's investments in original content — at least from a user satisfaction perspective — even if this investment has occurred at the expense of Netflix's overall catalog size.

Persons: Margaret Boland Organizations: Intelligence, Digital Media Industry, Netflix, Business, California Thomson, Hulu, Insider Intelligence, Amazon, Showtime, Amazon Prime, HBO Locations: Encinitas, California, SVOD

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