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☆ Bill Gates is surprised more people don't ask him these 'boring' questions: They're 'more important than the GDP'
▼ + stars: | 2024-11-02 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Bill Gates is constantly asked for his thoughts on big topics like artificial intelligence, climate change and pandemics. Gates, 69, told LinkedIn co-founder Reid Hoffman during an episode of the "Possible" podcast that published on Wednesday. — even though those types of topics aren't always top of mind for most Americans. It's "one of the most important questions ever," Gates wrote, adding: "It is hard to think of a measure of how a society is doing that reveals more than whether it is protecting its children, and especially its most vulnerable children," Gates wrote. Malnutrition probably isn't a top concern for the average person living in an area that's relatively unaffected by the issue, Gates told Hoffman.

Persons: Bill Gates, Reid Hoffman, Gates, —, Hoffman, I'm Organizations: Microsoft, LinkedIn, New York Times, World Health Organization, CNBC

As the Fed lowers rates, mortgage rates are expected to go down, though next week's cut is already priced in and is unlikely to have an impact. See more mortgage rates on Zillow Real Estate on ZillowWhat Are Today's Mortgage Refinance Rates? See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are hovering around 6.50%, according to Zillow data. But now that inflation has decelerated and the Fed has started cutting rates, mortgage rates have trended down.

Persons: they've, Freddie Mac, it's, Fannie Mae Organizations: of Labor Statistics, Boeing, Federal Reserve, Zillow, Fed, Mortgage, Association, ARM, . Government Locations: U.S, Chevron, Government

☆ Worries about the election could be cutting into some workers' productivity
▼ + stars: | 2024-11-02 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

Anxiety over the US election could be hurting some workers' productivity. One boss is considering letting his employees work remotely in the weeks after the election. She said some workers will be busy hitting refresh on news and social sites, looking for insight into how the election might swing. Yet that doesn't mean being overly indulgent or letting workers focus too long on issues that aren't germane to the business. Despite the widespread election worries, not every indicator signals that the vexing political climate is throwing off most workers.

Persons: —, AJ Gareffa, they've, Gareffa, Macey, Felix Kim, he's, Kim, Gabriella Kellerman, Kellerman, Dorie Clark, That's, Clark, Christine Porath, Chapel Hill's, Porath, Discourtesy, it's, Gartner, hadn't, doesn't, It's Organizations: Service, Business, American Psychological Association, APA, Columbia Business School, University of North, Chapel, Flagler Business School, Human Resource Management Locations: Livonia , Michigan, Detroit, ResumeBuilder.com, New York City, University of North Carolina, Michigan

☆ This tactic to avoid income taxes without moving to Florida could surge thanks to a 'silver tsunami'
▼ + stars: | 2024-11-02 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +8 min

Dan Griffith of Huntington Bank expects ING trusts will surge in popularity with dealmaking on the rebound coinciding with a "silver tsunami." However, Wyoming and South Dakota are also options as they do not tax trust income or capital gains and protect trust assets from creditors. "This can apply even if they don't live in a state with a state income tax." Since beneficiaries do have to pay state income taxes — if applicable — when they receive distributions. ING trusts cannot be used to defer income taxes on salaries or income from tangible assets in the state.

Persons: —, Dan Griffith, dealmaking, You've, Griffith, Bank of America's Timothy Herbst, It's, it's, Bob Lord, They're, Steve Oshins, Herbst, Oshins Organizations: Service, Huntington Bank, ING, Bank of America's, Patriotic Millionaires Locations: Florida, Texas, Nevada, York, California, North Carolina, Delaware, , Wyoming, South Dakota, Oregon, Ohio

☆ Amazon CEO Andy Jassy says he has a secret weapon in the AI wars
▼ + stars: | 2024-11-01 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Amazon CEO Andy Jassy said AWS gives the company a leg up in the AI race. Jassy said AWS has shown that Amazon can handle the logistics for scaling AI. AdvertisementAmazon CEO Andy Jassy on Thursday explained why he thinks the company is well-positioned to excel in AI: Amazon Web Services. Jassy talked up the cloud-computing unit on Amazon's third-quarter earnings call, defending the company's aggressive investments in AI. Amazon beat Wall Street's third-quarter expectations on revenue and earnings per share, with the stock rising 6% in after-hours trading.

Persons: Andy Jassy, Jassy, —, Sundar Pichai Organizations: Service, Web Services, Amazon, Companies, AWS, Big Tech

☆ The closing note of the 2024 campaign: How dare you?
▼ + stars: | 2024-11-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

Hinchliffe's Puerto Rico joke spawned the initial news cycle (and within 24 hours, a new digital ad from Vice President Kamala Harris' campaign). Related storiesThe Harris campaign did not immediately respond to a request for comment. That leaves it to each campaign to try to generate their own moments, like when Trump did a photo-op at McDonald's. In both cases, they were upstaged by secondary moments that their opponents successfully latched onto, with Hinchcliffe drowning out Trump's rally and Biden spoiling Harris' rally. AdvertisementIt's why Trump donned a bright orange vest and climbed into a garbage truck, and it's why his supporters are responding to Cuban's comments with a social media campaign.

Persons: —, Sen, JD Vance, I'm, Vance, frontiersmen, Tony Hinchliffe's, Joe Biden, Donald Trump's, Kamala Harris, Trump, Harris, Mark Cuban, Cuban, Trump hadn't, Nikki Haley, he'd, Anna Kelly, Kelly, aren't, gaffes, Mitt Romney's, Hillary Clinton's Organizations: Service, Trump, White, Madison, Biden, Democratic, Republican Locations: Puerto Rico, Wausau , Wisconsin, Ohio, United States of America, Hinchliffe's Puerto Rico, Wisconsin, America, Madison

☆ After six years of tariffs, small-business owners aren't eager for more
▼ + stars: | 2024-11-01 | by ( Alexandra Byrne | ) www.cnbc.com time to read: +9 min

The fee turned up in September 2019, after Trump placed 25% tariffs on steel, and hasn't gone away since. Small-business owners have already been facing tariffs on billions of dollars of goods, most of them from China, implemented by Trump in 2018. So far, the tariffs in force under both White Houses have cost Americans $79 billion, the nonpartisan Tax Foundation estimated this summer. The nation's roughly 33 million small businesses employ nearly half the nation's workers and generate more than 43% of the gross domestic product, the U.S. Chamber of Commerce estimates. "Whether we like it or not, Asia is the bike manufacturing hub of the world," said Zagata, who raised prices by between 18% and 22% after the Trump tariffs took hold.

Persons: Donald Trump, Chris Smith, Trump, hasn't, Smith, Biden, —, who've, Erica York, they're, Jonathan Gold, Gold, they've, Ryan Zagata, Zagata, he'd, Felix Tintelnot, Trump's, Brian Hughes, Nichole MacDonald, MacDonald, Kamala Harris, it's, Sara Hauman, isn't, doesn't Organizations: Albuquerque, Virginia Beer Co, Constellation Brands, Corona, Trump, Foundation, Tax, National Retail Federation, U.S . Chamber, Commerce, Brooklyn Bicycle Co, GOP, Duke University Locations: Albuquerque , New Mexico, Williamsburg , Virginia, U.S, China, Modelo, Mexico, New York City, Asia, York, Germany, Diego, India, America, Portland , Oregon, West Coast

☆ A "Game of Thrones" movie is reportedly in the works. It comes after a year of box office hits and misses for Warner Bros. Discovery.
▼ + stars: | 2024-11-01 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

Multiple outlets reported, citing unnamed sources, that a "Game of Thrones" movie is in the works. Warner Bros. Martin first suggested a "Game of Thrones" movie to tie up the franchise in a 2014 interview with The Hollywood Reporter. They grossed $1.8 million at the box office, according to Box Office Mojo. Warner Bros. PicturesA "Harry Potter" TV series reboot was announced last year after the box office failure of the "Fantastic Beasts" spin-off series.

Persons: —, aren't, George R.R, Martin, David Benioff, Weiss, Arya Stark, Maisie Williams, Bran Stark, Isaac Hempstead Wright, Sansa Stark, Sophie Turner, HBO Matthias Frey, Shawn Robbins, Robbins, Max, Frey, David Zaslav, Harry Potter, Denis Villeneuve's, Matt Reeves, " Frey Organizations: HBO, Warner Bros, Service, Hollywood, Discovery, Business, Wall Street, Department of Media, Creative Industries, City , University of London, Thrones, Office, Warner Bros ., HBO Warner Bros, Variety

☆ JD Vance says pumping more oil will make housing cheaper. Economists say that's a stretch.
▼ + stars: | 2024-11-01 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

Both presidential campaigns have discussed ideas for cutting housing costs. Economists say lowering labor and building material costs is far more important to home building. Housing policy experts and economists disagree, saying lower energy costs would not significantly boost construction or make homes cheaper. Notably, under the Biden administration, the US has produced and exported more crude oil than ever before in the country's history, even as housing costs have soared. AdvertisementLabor costs and cutting red tape are also keyLabor costs are generally growing as a portion of overall construction costs, Basu said.

Persons: JD Vance, Trump, —, Donald Trump, Sen, Vance didn't, I'm, Anirban Basu, they're, Basu, Biden, Andrew Justus, Justus, might've, Vance, Nolan Gray, they'll, hasn't, Kamala Harris Organizations: Service, Biden, Associated Builders and Contractors, Trump, Niskanen, Labor Locations: Nevada, California

☆ A millennial who decorates for Christmas early doesn't care some people think it's too soon. It brings her joy and peace.
▼ + stars: | 2024-11-01 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Bolio — a 27-year-old stay-at-home mom and content creator from Fowler, California, near Fresno — began decorating for Christmas before October was even over. "A lot of the people who complain about it are those who love Halloween, so they don't want to see Christmas decorations," she said. "Retailers used to wait until Halloween had passed to put out the Christmas decor, now we're more likely to see Halloween and Christmas sections side-by-side," Canaves said. AdvertisementHer Christmas aesthetic isn't just red and greenBolio shops for decorations from At Home, HomeGoods, T.J. Maxx, and Michaels. Courtesy of Jessica BolioBolio plans to finish decorating the rest of her house for Christmas soon.

Persons: Jessica Bolio, Bolio, —, Mariah Carey, Fowler, that's, It's, Prosper, it's, Canaves, Michaels, Katherine, Jessica Bolio Bolio, she's Organizations: Service, National Retail Federation, Amazon, Retailers, Facebook, Katherine Center Locations: Fowler , California, Fresno, Bolio's

With evolving workplace priorities, the Workforce Innovation board also predicted which new roles might emerge in the C-suite, including "chief transformation officer" and "chief experience officer." AdvertisementTim Paradis: We've seen new C-suite roles emerge in recent years, like chief AI officer and chief ethics officer. Then, while there is a "chief AI officer" role that's picking up, there is also a lot of focus on automation. Pittman: I think that a lot of these roles — whether it's chief diversity officer, chief risk officer, chief digital officer — are really about building new competencies that are not widely spread. AdvertisementThe number of companies naming chief transformation officers grew about 140% over the last couple of years.

Persons: Maggie Hulce, Julia Hood, Alicia Pittman, Neil Murray, that's, Kenon Chen, Anant Adya, everybody's, Justina Nixon, Saintil, We've, we've, Borgonovo, Tim Paradis, Nixon, It's, Pittman, Chen, isn't Organizations: Business, Workforce Innovation, Boston Consulting, Clear, Infosys, IBM, Saintil, Mastercard

New York Attorney General Letitia James speaks during a press conference at the Office of the Attorney General in New York on February 16, 2024. With four days until the presidential election, U.S. government officials are cautioning against reliance on artificial intelligence chatbots for voting-related information. "Study after study has shown examples of AI chatbots hallucinating information about polling locations, accessibility of voting and permissible ways to cast your vote." "We agree with the NY Attorney General that voters should consult official channels to understand where, when, and how to vote," an Anthropic spokesperson told CNBC. "For specific election and voting information, we direct users to authoritative sources as Claude is not trained frequently enough to provide real-time information about specific elections."

Persons: Letitia James, Donald Trump, Kamala Harris, James, It's, Alexandra Reeve Givens, chatbots, Claude, OpenAI, ChatGPT, it's Organizations: New, New York, Republican, Democratic, Center for Democracy & Technology, CNBC, Google, NY Locations: New York, U.S, Mistral

☆ There are no elections that aren't bitter, says Harvard's Arthur Brooks
▼ + stars: | 2024-11-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are no elections that aren't bitter, says Harvard's Arthur BrooksArthur Brooks, American Enterprise Institute president emeritus, Harvard University professor and ‘Build The Life You Want’ author, joins 'Squawk Box' to discuss the state of the 2024 election, mood of the country ahead of the election, and more.

Persons: Harvard's Arthur Brooks Arthur Brooks Organizations: American Enterprise Institute, Harvard University

☆ The No. 1 move to improve your finances in 5 minutes, according to CFPs
▼ + stars: | 2024-11-01 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

But that doesn't mean there aren't small, concrete steps you can take toward a better financial future that only require a few minutes. We asked financial planners the top piece of advice they'd give to clients who had only five minutes to meaningfully improve their finances . A doctor wouldn't attempt to help you improve your diet or exercise habits without knowing what you're currently doing. Getting to know your spending habits is like checking your financial vitals. To that end, you'll have to spend some time — more than just the initial five minutes — regularly reviewing your monthly spending.

Persons: Kevin Coombs, — you'll, there's, Tracy Sherwood, James Guarino, Coombs Organizations: CNBC Locations: Atlanta , Georgia, Clarence , New York, Woburn , Massachusetts

☆ Election next week holds big implications for stock market, especially the control of Congress
▼ + stars: | 2024-11-01 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

But the true implications for investors monitoring the election may lie in which party controls Congress, rather than who will sit in the White House. .SPX YTD mountain S & P 500 The importance of whichever party controls Congress was highlighted by Trump's recent trips outside battleground states such as New Mexico , a state that hasn't voted for a GOP presidential nominee in roughly 20 years. On the other hand, Evercore ISI's Emanuel expects a Harris victory, with a Democratic sweep of Congress, could result in the S & P 500 falling to roughly 5,700. The S & P 500 slid 1%, while the Nasdaq dipped 0.5%. Earnings season continues with about 100 S & P 500 companies confirmed to report.

Persons: Donald Trump, Kamala Harris, Trump, Nanette Abuhoff Jacobson, I'm, Abuhoff Jacobson, hasn't, Brian Burrell, Jay Hatfield, Harris, Hatfield, Evercore ISI's Julian Emanuel, Evercore ISI's Emanuel, Jerome Powell's, Ralph Lauren, Warner, Alex Harring Organizations: NBC, Congress, House, Democratic, Republican, Hartford Investments, GOP, Thornburg Investment Management, Infrastructure Capital Advisors, Senate, Wednesday, Regional Banking, Treasury, Federal Reserve, Dow Jones, Nasdaq, National, Marriott International, Diamondback Energy, Wynn Resorts, Palantir Technologies, NXP Semiconductors, PMI, PMI Services, Services PMI, Petroleum, Brands, Technology, Computer, CVS, Howmet Aerospace, Gilead Sciences, Labor, Consumer, Moderna, Molson Coors Beverage, Halliburton, Hershey Co, Warner Bros, Expedia, Akamai Technologies, Paramount Locations: New Mexico, Albuquerque, Santa Fe , New Mexico, Hartford, Albemarle, Qualcomm, Michigan

☆ Nearly 200,000 people are on the waitlist to try out a new Gen Z messaging app that launches next week
▼ + stars: | 2024-11-01 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

Daze, a messaging app aimed at middle and high schoolers, has 187,000 people on its waitlist. Daze CEO Willem Simons told BI that middle and high schoolers are increasingly looking to interact creatively. AdvertisementAn upcoming messaging app for Gen Z looks a lot different than your typical iPhone or WhatsApp conversation. Simons told BI that the app is aimed at middle schoolers and high schoolers. The 27-year-old, who has cofounded other startups, including the messaging app Muze, said he grew up in a somewhat rural environment and couldn't always be in person with friends.

Persons: Willem Simons, —, It's, Simons, it's Organizations: Service, Facebook, Business, Apple Locations: Emarketer

☆ A scientist who researches healthy aging shares how she eats and works out
▼ + stars: | 2024-11-01 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Mary Ní Lochlainn researches the habits that lead to better health in older age. She does strength training, takes vitamin D, and does intermittent fasting. But the habits that Ní Lochlainn, 34, thinks are most important for healthy aging aren't expensive. Related storiesShe takes vitamin D supplements because people in the UK, where she lives, don't tend to get enough. AdvertisementNí Lochlainn takes vitamin D. Science Photo Library/Getty ImagesIntermittent fastingNí Lochlainn does intermittent fasting by not eating between her dinner and her breakfast in the late morning.

Persons: Mary Ní Lochlainn, —, Ní, Ní Lochlainn Organizations: Service, King's College London, Trinity College Dublin, Kings College London, National Cancer Institute, Getty

☆ I'm an American who's lived in South Korea for 10 years. Here are 9 things I don't miss about the US.
▼ + stars: | 2024-10-31 | by ( Krissi Driver | ) www.businessinsider.com time to read: +9 min

I moved from the US to South Korea in 2013, and there are some things I don't miss about America. Here are nine things I don't miss about living in the US. There's a large US military presence in South Korea, and many Americans have brought their tipping habits with them overseas. For example, in South Korea, I've seen candidates ride around in the bed of a truck blasting their campaign theme song. When I travel outside South Korea, I'm often stunned by the slow internet speeds and spotty public WiFi.

Persons: —, I'm, I've, it's, I'd Organizations: Service, Korea, Korea's Locations: South Korea, Portland , Oregon, Daegu, North Korea, There's, Denver, Portland, Seoul, Busan, Korea

☆ 'The Diplomat' season 2 finale completely shakes up Kate's bid for the vice presidency
▼ + stars: | 2024-10-31 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +8 min

A major character death at the end of "The Diplomat" season two throws a wrench into the series. Keri Russell's titular diplomat, Kate Wyler, now faces a more challenging path to the vice presidency. AdvertisementNetflix's "The Diplomat" is a blisteringly fun political drama that leans into the melodrama of international politics — and like in its first season, season two concludes with yet another cliffhanger season finale. As she unravels the conspiracy behind the aircraft attack, she also has to contend with Vice President Grace Penn (an excellent Allison Janney) showing up in London. "The Diplomat" season two is streaming in full on Netflix.

Persons: Keri Russell's, Kate Wyler, —, Debora Cahn, It's, Grace Penn, Allison Janney, Kate, Grace, Keri Russell, Margaret Roylin, Nicolas Trowbridge, Trowbridge —, Trowbridge, Hal, Roylin, Rufus Sewell, she's, William Rayburn, Janney, that's, Russell, Rolling, Grace aren't, Hal ., Joe Biden's, Rayburn, Biden, Kamala Harris, Cahn Organizations: Service, British, Golden Globe, Netflix, United, State Department, United States Locations: United States, United Kingdom, Persian, States, London, Russian, Scotland, Europe, Russia, New York

☆ Salma Hayek Pinault and her billionaire husband keep their finances separate — just like many Gen Z and millennial couples
▼ + stars: | 2024-10-31 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Salma Hayek Pinault told the Wall Street Journal that she and her husband keep their finances separate. Many young couples are also choosing to keep their finances separate rather than having joint accounts. AdvertisementSalma Hayek Pinault said she and her husband, François-Henri Pinault, the billionaire CEO of Kering, keep their finances separate. Hayek Pinault told The Wall Street Journal in an interview published Tuesday that she did not sign a prenup, unlike many high-net worth individuals do before they marry. That was compared to 24% of Gen Xers (aged 44 to 59) and 16% of baby boomers (aged 60 to 78).

Persons: Salma Hayek Pinault, Henri Pinault, —, François, Hayek Pinault, Gucci, Balenciaga, Alexander McQueen, Saint Laurent, Hayek, Salma Hayek, Vittorio Zunino Celotto, Gen Zers, Gen Xers, millennials, ERIC PIERMONT, Gillian Coote, Coote, It's, Jen Glantz Organizations: Wall Street Journal, Service, The Times, Wall Street, Bank of America, Baby Boomers, Getty, Coote Family, Guardian, Business Locations: London, AFP, New York City

☆ Democrats and Republicans Secretly Agree on More Than They Admit
▼ + stars: | 2024-10-31 | by ( Eliza Relman | ) www.businessinsider.com time to read: +12 min

Among Muslims, the difference was 43% agreeing with the statement versus an estimated 66% who privately agreed. While 27% of Democratic respondents publicly agreed with the statement "I support defunding the police," just 3% privately supported the movement. While 50% of Republicans publicly said "we live in a mostly fair society," just 11% privately agreed. Similarly, 2% of Republicans were thought to privately trust the government to tell the truth, while 14% said so publicly. A lack of social trust causes people to resent each other, look for scapegoats, and become susceptible to demagoguery, he said.

Persons: Alessia Gonzalez doesn't, Gonzalez, Israel, she'd, Fernando, YouGov, —, James Gibson, Louis who's, Gibson, Kamala Harris, Donald Trump, Todd Rose, Rose, Elisabeth Noelle, Neumann, Noelle, what's, Harris, You've, Gen Zers Organizations: Republican, Washington University, Harvard's Graduate School of Education, Roman Catholic, Pew, Gallup, Republicans, Democratic, Trump, — Locations: Brooklyn, Bay, MAGA, Gaza, Colombia, New York, Israel, America, St

☆ I left my Big Tech job to bootstrap my own business. I went from making nearly $300,000 to not paying myself a salary.
▼ + stars: | 2024-10-31 | by ( Pooja Shah | ) www.businessinsider.com time to read: +7 min

In October 2023, Soni Mehra left her Big Tech job to focus on her own home decor business. I was accustomed to working with larger teams in Big Tech, so I've had to get used to balancing multiple tasks. Thankfully, I can rely on savings from my prior Big Tech roles. I no longer make the same salary as I did in Big Tech, but still prioritize spending money on things my partner and I value, like travel. People ask me if I'd ever return to Big Tech.

Persons: Soni Mehra, Mehra, —, Gabrielle Wesley, Uber, I'd, I've, I'm Organizations: Big Tech, Service, Uber, Marble Lotus, Business, San, San Francisco Bay Area, Environmental, University of California, Mars, LinkedIn, Marble, Big, Entrepreneurs Locations: Delhi, India, San Francisco Bay, Berkeley, Mars Wrigley North America, COVID, Big Tech, Bay

☆ A market hedge for those worried neither Trump nor Harris will do anything about the growing fiscal deficit
▼ + stars: | 2024-10-31 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

By contrast, Vice President Kamala Harris's tax plan is expected to increase tax revenues by $1.7 trillion over 10 years, but at a cost of negative 2% to long-run GDP and 786,000 jobs. The Wharton School of the University of Pennsylvania estimates that, including her spending proposals, the primary deficits would increase by $1.2 trillion, and accounting for adverse economic feedback effects, primary deficits increase to $2 trillion. Higher deficits and higher debts, just with different paths to get there. One candidate proposes cutting taxes to improve economic activity but increase deficits, and the other proposes raising taxes and increasing spending by even more and growing deficits. If the deficit keeps increasing faster than our economy grows, so will the debt, inflation, and interest rates.

Persons: We'll, Donald Trump's, Kamala Harris's, Harris, Kamala Harris, Bernie Sanders, Treasuries Organizations: Tax Foundation, Wharton School, University of Pennsylvania, Medicare, Green New Deal, TLT, Treasury Bond ETF, CNBC, NBC UNIVERSAL Locations: United States, Europe

☆ Comcast's potential cable networks separation will test the appetite for media reconfiguration
▼ + stars: | 2024-10-31 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +4 min

Comcast is thinking about separating or spinning off NBCUniversal's cable networks. NBCUniversal's cable networks aren't growing anymore. That vision never materialized, in part because the media world's attention shifted from traditional pay TV to streaming, which devalued cable networks. The small media company wants to be the vehicle for a cable network rollup, CNBC reported in 2022. But even if Starz doesn't achieve its vision of a cable network rollup, it's possible a private equity firm may have interest in harvesting a group of cable networks for cash.

Persons: Mike Cavanagh, we'll, John Malone, Malone, Dolan Organizations: Comcast, Syfy, USA Network, MSNBC, CNBC, Lionsgate, Starz, AMC Networks, E Networks, Hearst, Disney, Warner Bros, Discovery, Warner Bros . Discovery, Equity, Apollo Global Management, Paramount Global, Yahoo

☆ Big Tech's vanishing perks have left employees to face a stark new reality
▼ + stars: | 2024-10-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, Big Tech is pulling back on the freebies for its employees . The perks help recruit and retain talent and keep employees working at the office. Some Amazon employees aren't buying it. It's not all bad news for Amazon employees, though. Some Amazon employees support Jeff Bezos' controversial WaPo decision.

Persons: —, David Arky, Tyler Le, Insider's Lara O'Reilly, Rob Price, Hugh Langley, Sydney Bradley, It's, Matt Garman, Frederic J . BROWN, BI's Jyoti Mann, Ashley Stewart, Garman, Stave Huffman, Spencer Platt, Natalie Ammari, Tesla, Meta, Jenny Chang, Rodriguez, Harris, Trump, you'll, Jeff Bezos, Bezos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Microsoft, SEC, Big Tech, Meta, Citibank, Tech, Services, Getty, Amazon Web Services, Amazon, BI, Google, Semiconductor, Intel, Washington Post, Apple Locations: OpenAI, AFP, New York, London

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