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SoftBank reported a $7.7 billion quarterly profit on Tuesday after a loss last year. SoftBank Vision Fund's CFO told BI that "macro tailwinds" helped its public portfolio. AdvertisementGains for its Vision Fund 1, a $98.6 billion investment vehicle launched in 2016 with backing from Abu Dhabi and Saudi Arabia's sovereign wealth funds, totaled $3 billion in the second quarter. Despite the investment gain, Vision Fund 2 has lost an overall total of $21 billion since its inception. The results come as SoftBank gears up for a huge investment spree in AI to realize Son's ambitious vision.
Persons: SoftBank, , Masayoshi, Didi Chuxing, Navneet Govil, Ola, Govil, PayPay Organizations: Service, Funds, Vision, IPOs, Nvidia Locations: Abu Dhabi, Saudi, China, OpenAI, Mexico, India, ByteDance
Goldman Sachs is a leading investment bank for corporate dealmaking and trading, and its partners represent less than 1% of roughly 46,000 employees. On average, Goldman's newest partners have spent 16 years rising in the ranks, the bank said last week. "It's like a wedding and birthday wrapped up in one amazing moment that you keep reliving," one new partner said. Here's a glimpse inside the big day of nine of Wall Street's up-and-coming executives, including what they did to mark the occasion. Related storiesI happened to be stepping into a meeting with the Arthur Miller Foundation — an amazing nonprofit that supports theater teachers in schools across NYC and beyond — just as John called.
Persons: Goldman Sachs, David Solomon, , revel, John Waldron, Wall, Rob Barlick, Robert Barlick, Goldman Sachs David, It's, that's, Lyla Bibi, Bibi Goldman Sachs, Bracha Cohen, Marco Argenti, I've, Matt Doherty, Matt Doherty Goldman Sachs, David, Kristin Olsen, Marc Nachmann, Shane Lee, Vishaal Rana, Goldman Sachs David Solomon, Aaron Siegel, Aaron Siegel Goldman Sachs, Hayley, Arthur Miller, John, , Craig Smart, Craig Smart Goldman Sachs, Kristin, Marshall Smith, Sylvia Yeh, Sylvia Yeh Goldman Sachs, Reed Alexander Organizations: Partners, Service, Valley Bank, GS, Goldman Sachs Asset Management, Arthur Miller Foundation, Goldman Locations: Valley, Florida, America, New York, New York City, , Goldman Sachs
Agemo has exited stealth with $4 million to build AI that turns text prompts into software. Essentially, this required them to train their AI models to reason like a team of engineers. Agemo finds itself up against the likes of Poolside, which raised $500 million in October, and Magic, which raised $320 million in August. To combat this problem, Agemo is building AI systems that can "reason" in software. AdvertisementEurope's answer to Poolside and MagicTo differentiate it from competitors such as Poolside and Magic, the startup says it has developed a neurosymbolic AI system for software reasoning.
Persons: Agemo, Aymeric Zhuo, Osman Ramadan, , IBM's Jonathan Adashek, Mehdi Ghissassi, Olivier Pomel, Zhuo, Ramadan, ChatGPT, we've, We've Organizations: Service, Firstminute Capital, Mistral, Fly Ventures, Cambridge University, Microsoft, Activision, BI Locations: DeepMind, OpenAI, Sudan, London, Europe, Bay
I ate the same meal at TGI Fridays and Chili's to compare the two chains. TGI Fridays just filed for bankruptcy, while Chili's is outperforming its competitors. I preferred the food and overall experience at Chili's, though TGI Fridays did have meatier wings. AdvertisementChili's and TGI Fridays are both big names in fast-casual dining, but their recent performance tells two very different stories. TGI Fridays said the main reasons for filing for bankruptcy were financial challenges from the COVID-19 pandemic and a flawed capital structure.
Persons: , Chili's, John Bringardner, Bringardner, Rohit Manocha Organizations: Service, Reuters, CNN, Capital Advisors Locations: Chili's, Los Angeles
Elon Musk is close to setting a new wealth record following a Tesla stock surge since the election. Musk's net worth hit roughly $342 billion in Tuesday's premarket, exceeding his 2021 peak. AdvertisementElon Musk is close to breaking his wealth record following Tesla's postelection rally. The world's richest person gained almost $21 billion on Monday as Tesla stock jumped 9%, boosting his net worth to $335 billion, per the Bloomberg Billionaires Index. AdvertisementTesla stock was up 41% for the year at Monday's close, leaving it some way off its record close of $410 on November 4, 2021.
Persons: Elon Musk, , Tesla's, Jeff Bezos, Donald Trump's, Mark Malek, Siebert, Trump, Warren Buffett's, Berkshire Hathaway Organizations: SpaceX, Service, Bloomberg, PAC, Associated Press Locations: premarket, Monday's, Berkshire, Musk's
I recreated over 150 recipes from politicians before I started spending a day eating just like them. George W. Bush had my favorite daily eating habits, while Donald Trump had my least favorite. Go to newsletter preferences Thanks for signing up! Eventually, I discovered the daily diets of every living president: Joe Biden, Donald Trump, Barack Obama, George W. Bush, Bill Clinton, and Jimmy Carter. Here's my highly subjective ranking of the daily eating habits of our living US presidents, from worst to best.
Persons: George W, Bush, Donald Trump, , Mitch McConnell's flavorless Hoppin, John, Mark Warner's, Joe Biden, Barack Obama, Bill Clinton, Jimmy Carter, Trump, Biden Organizations: Service, Congress Locations: America
As a professional bra fitter, I've seen people make mistakes when buying the garment. AdvertisementAs a professional bra fitter for over a decade, I know many people struggle to find a perfect-fitting bra. Fortunately, my job is to guide clients as they discover which bras work best for their lifestyles. Thinking bras have to be uncomfortableDuring fittings, I always ask clients what they're looking for, and almost every person says, "A bra that's comfortable." Believing cute bras don't exist for bigger breastsI found a bra that's the perfect size for me, the Fetzyz from Ewa Michalak in brown.
Persons: I've, , who's, It's, Denise, Ewa Michalak, Sam Organizations: Service, Brands Locations: Ewa
A London chef sparked online debate when he criticized diners who don't spend much. He told BI it was "very frustrating" and he was being forced to turn away diners who might spend more. AdvertisementA London chef has sparked a debate about the affordability and culture of eating out after he criticized diners who don't spend enough. AdvertisementJames Hacon, a restaurant consultant and industry commentator, told BI that life is tough for London eateries right now. AdvertisementHacon said there were ways to overcome the impact of diners who only want a starter and water.
Persons: Hugh Corcoran, , Corcoran, James Hacon, Hacon Organizations: Service, London, National Insurance, Guardian Locations: London
I think their actions don't say the same thing," he told Fortune. Chesky, who inspired the term "founder mode," says those seeking autonomy should be entrepreneurs. The Airbnb CEO recently spoke with Fortune about the "founder mode" model of leadership. But I don't think people for the most part want to be disintegrated. AdvertisementHe said that his operating in founder mode "flies in the face of everything we're taught about modern leadership."
Persons: Fortune, Chesky, , Brian Chesky doesn't, Paul Graham, Graham, Airbnb, he'd, they're, we're, Steve Jobs, Walt Disney, Jensen Huang, Elon Musk Organizations: Service Locations: America
AdvertisementUS stocks have been on a tear since Trump's win. "Let me tell you something: If Trump enacted 50% of what he's saying, you'll have a stock market crash, the likes that you haven't seen since the 1920s," Scaramucci said. You'll crush the economy; you'll crush our tax revenues; you'll flip upside down the job market," Scaramucci said. "They will not be ready for that, and so the stock market will have gotten wrong the current movement." "My guess is that the stock market aficionados, the stock market experts, are probably right," Scaramucci said.
Persons: SkyBridge Capital's Anthony Scaramucci, Trump, there's, Scaramucci, , Anthony Scaramucci, it's, Bitcoin, Donald Trump's, didn't, David Bahnsen, he's, — Elon Musk, Elon, Tom Orlik, David Kelly, ​ ​, Susie Wiles Organizations: Service, House, SkyBridge, Business, Nasdaq, Russell, Trump, Bloomberg Economics, JPMorgan Asset Management, Republican
France also said it was training Ukrainian pilots. That's a big benefit, experts said, as the F-16 training program keeps being delayed. AdvertisementFrance's plan for getting Ukraine new Western fighter jets could help it skirt a big issue facing the F-16 program. Ukrainian President Volodymyr Zelenskyy stands against the background of Ukraine's Air Force's F-16 fighter jets in an undisclosed location in Ukraine. The Ukrainian Air Force's F-16 fighter jets fly in an undisclosed location in Ukraine.
Persons: , Sébastien Lecornu, Gordon, Skip, Davis, Lockheed Martin, Volodymyr Zelenskyy, it's, Michael Bohnert, George Barros, Barros, Lecornu, Tim Robinson, Bohnert, Denmark — that's, Abrams, Robinson Organizations: Service, Ukraine, Ukraine Mirage, US Army, Lockheed, Politico, Street, AP, Pravda, RAND Corporation, Mirage, Institute for, Dassault Aviation, La Tribune, Ukrine's, Ukrainian, UK's Royal Aeronautical Society Locations: Ukraine, France, Ukrainian, Western, Russia, Nancy, US, Denmark, Romania, Soviet, Norway, Belgium, Netherlands
The power grab over rare-earth minerals in Central Asia could be among the issues he will seek to exploit. AdvertisementA power struggle over rare-earth mineralsAt stake for the US in Central Asia is not just political power but access to the region's reserves of rare-earth minerals such as uranium, lithium, and tantalum. Rare-earth minerals are needed to make all sorts of products, from F-35 stealth fighters and smartphones to internet fiber-optic cables and MRI machines. It produces around 60% of the world's rare-earth minerals and processes nearly 90%, according to the Center for Strategic and International Studies. "There are rare-earth minerals worth exploring/exploiting, and if the US/EU could strike a major deal with [Kazakhstan's capital] Astana, this would certainly contribute to breaking China's monopoly," said Wolff.
Persons: Donald Trump, , Vladimir Putin, Xi Jinping, Xi, Putin, he'd, Wilder Alejandro Sánchez, ALEXANDER RYUMIN, Emmanuel Macron, Olaf Scholz, John Herbst, Stefan Wolff, Wolff, Herbst, Trump Organizations: Service, Putin, The Republican, Biden, Getty Images, Center for Strategic, International Studies, University of Birmingham, BI, Trump, EU, Astana, Central Asia Summit, Getty Images Central, Central, China Locations: Russia, China, Central Asia, Mongolia, Saudi, Getty Images China, Kazakhstan, Uzbekistan, Xian, Shaanxi, FLORENCE, Ukraine, Soviet Union, Washington, Moscow, Beijing
After many sailings, I've gotten really good at avoiding fees and extra costs on cruise lines. I only get room service if there are ways to waive the extra fees, and I don't pay for WiFi. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Then, consider following some of the things I do to save money and avoid forking up extra cash on my trip.
Persons: I've, Organizations: Service
While Black Friday is still a couple weeks aways, many retailers, including Home Depot, are already discounting tons of bestselling products from major brands, giving you early access to its holiday deals. I regularly cover deals at popular home and kitchen retailers so I know what brands are actually worth investing in and what makes a good sale. Below, I rounded up the best early Black Friday deals at Home Depot and will continue to update this list through the entirety of the sale. SKIP AHEAD The best early Black Friday sales at Home Depot | Why trust NBC Select? The best early Black Friday sales at Home DepotAll of the items below have at least a 4-star average rating from 500 reviews or more at Home Depot, or are NBC Select editor recommendations or are products from our previous coverage.
Persons: I’ve, Dyson, TikTok Organizations: Home, NBC, Shark, Dyson, AA, Facebook, Twitter
The price of bitcoin hit an all-time high this weekend, a rally that started shortly after Donald Trump was declared the winner of the 2024 election. From March to November, the price has been mostly confined to a range of $50,000 to $70,000. Trump's election has been heralded by some as a positive sign for the prices of bitcoin and other cryptocurrencies. Investors may also be responding to fears of inflation resurfacing under Trump, after months of price increases settling in at a more subdued pace. Robinhood, the app-based trading platform that allows for crypto trades, was also set to hit an all-time high.
Persons: Donald Trump, That's, bitcoin, Trump, Robert F, Kennedy Jr, Elon Musk, Vivek Ramaswamy, Noelle Acheson, Robinhood Organizations: Securities and Exchange, Trump Locations: U.S, Coinbase
One ex-member of the branch said he thinks North Korea did send special forces, but not its best. AdvertisementAs questions arise over the quality of Kim Jong Un's troops in Russia, a former soldier who served in North Korea's special forces said they're likely the country's elite troops. North Korean leader Kim Jong Un attends a military demonstration in North Korea, in this picture released on March 16, 2024. During a September visit to a training base, Kim lauded the division's members as each being worth 100 typical North Korean soldiers. This image released by South Korea's spy agency the National Intelligence service shows North Korean leader Kim Jong-Un watches numerous shirtless North Korean troops in combat training, according to the agency.
Persons: , Kim Jong, they're, Lee Woong, gil, Kim Jong Un, REUTERS Lee, Lee, there's, Kim, James JB, Insider's Mia Jankowicz, South Korea Kovalenko Organizations: Storm Corps, Service, Korea Times, North, KCNA, REUTERS, The Korea Times, Associated Press, Wall Street, Ukraine's Center, National Intelligence, National Intelligence Service, South, Kremlin Locations: Russia, North Korea, North, South Korea, Seoul, Washington, Ukraine, Kursk, Korean, South
The cast of "Wicked" has been promoting the film ahead of its November 22 release. Many of the stars' looks nod to the film, whether through color scheme or tone. Cynthia Erivo and Ariana Grande's green and pink looks celebrating the film have stood out. Much of the "Wicked" cast has been "method dressing" throughout the film's press tour, wearing outfits that nod to themes or plot points in the movie. Take a look at the best "Wicked"-inspired looks from the film's press tour, ranked from least to most on theme.
Persons: Cynthia Erivo, Ariana Grande's, , Zendaya, Margot Robbie, Jonathan Bailey, Jeff Goldblum Organizations: Service
Elon Musk and other MAGA figures are onto a new fight: Who will be the next Senate Majority Leader. John Thune and John Cornyn. AdvertisementWith President-elect Donald Trump now on his way to the White House, his allies are settling on a new target: Getting a loyalist installed as Senate Majority Leader. Ahead of Mitch McConnell's long-awaited retirement from leadership, Republicans are set to choose a new leader on Wednesday of this week. John Thune of South Dakota, John Cornyn of Texas, and Rick Scott of Florida.
Persons: Elon Musk, MAGA, Sen, Rick Scott, Sens, John Thune, John Cornyn, Trump, , Donald Trump, Mitch McConnell's, John Thune of, John Cornyn of, Rick Scott of, Scott, Tucker Carlson, Robert F, Kennedy, Jr, Scott isn't, Kevin McCarthy, there's Elon Musk, Musk, Elon, Trump's, Cornyn, they'll, McConnell, that's, That's Organizations: Service, White, Republicans, Trump, GOP, Business, Senate Trump, Capitol, Republican, Punchbowl News Locations: Sens, John Thune of South Dakota, John Cornyn of Texas, Rick Scott of Florida, Florida, Texas, Ukraine
I tried chocolate-chip cookies from the bakery section of Kroger, Safeway, Walmart, and Costco. As a pro baker, I had high expectations — but Safeway and Walmart didn't impress me much. Costco's cookies were soft and not too sweet with lots of chocolate chunks. AdvertisementAs a professional baker, I've probably made thousands of chocolate-chip cookies from scratch. So, I tried chocolate-chip cookies from the bakery section at four national chains near me in Seattle — Costco, Kroger, Safeway, and Walmart.
Persons: , I've, there's Organizations: Kroger, Safeway, Walmart, Costco, Service Locations: Seattle
Megan Fox expecting baby with Machine Gun Kelly
  + stars: | 2024-11-11 | by ( Alli Rosenbloom | ) edition.cnn.com   time to read: +1 min
CNN —Megan Fox and fiancé Machine Gun Kelly’s family is getting a little bigger. Fox on Monday announced on her Instagram page that she’s pregnant, showcasing her growing belly and a positive pregnancy test in photos. welcome back,” she wrote in the caption, making reference to her previous experience with pregnancy loss. Fox also previously recounted her experience in two poems included in her book of poetry “Pretty Boys are Poisonous,” released last year. The pair were first romantically linked in 2020 when Fox appeared in Kelly’s music video.
Persons: Megan Fox, , Fox, Noah, Bodhi, , Brian Austin Green, MGK, Casie, Emma Cannon, she’d “, Kelly Organizations: CNN, Fox, Monday, GMA Locations: “ Beverly Hills,
Deckmatch has secured $3.1 million in seed funding from Alliance VC and Luminar Ventures. BI got an exclusive look at the 13-slide pitch deck the startup used to secure the funding. AdvertisementA startup that helps private market investors automate their work has secured $3.1 million in seed funding. AdvertisementDeckmatch said its $3.1 million seed round was oversubscribed. With the fresh funding, Deckmatch plans to double down on its research and development efforts.
Persons: Deckmatch, , Leopold Gasteen, Gasteen, Walid Mustapha Organizations: Alliance, Luminar Ventures, BI, Service, Google, Business, Skyfall Ventures Locations: Norway, VCs
Walmart is testing tech that lets employees use an app to unlock anti-shoplifting displays. The tech, currently in several hundred stores, could lead to shoppers having access too. 1 in 5 shoppers surveyed said they would buy from another retailer when faced with locked-up merch. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The assumption behind the Freedom Case is that customers who share their personal information in order to access merchandise are unlikely to steal.
Persons: , Carol Spieckerman, Chris Walton, Spieckerman Organizations: Walmart, Service, Bloomberg, Omni, Kroger, Safeway
Celebrity chef Pati Jinich knows how to spot a good — and bad — Mexican restaurant. Cold salsa and premade guacamole are both bad signs, according to the Mexican chef. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChef Pati Jinich — known for programs like PBS' "La Frontera" and "Pati's Mexican Table" — has dined at countless Mexican (and Mexican-inspired) restaurants.
Persons: Pati Jinich, , she's Organizations: Service Locations: Mexican, Washington ,
Trump also had a call with Ukrainian President Volodymyr Zelenskyy. The phone call on Thursday marks the first time the pair are known to have spoken since Trump won the election. AdvertisementWhen approached for comment, a spokesperson for the Trump campaign told Reuters that they "do not comment on private calls between President Trump and other world leaders." Zelenskyy told ABC News that he thought Trump's proposal was a "beautiful" notion but was not grounded on "real-life experience." "Every time he comes to our country, he walks away with $60 billion," Trump said at the rally.
Persons: Donald Trump, Vladimir Putin, Trump, Volodymyr Zelenskyy, , Putin, Strong, Zelenskyy, realDonaldTrump, Vasily Nebenzya, that's, Володимир Зеленський Organizations: Service, Russian, Washington Post, Post, Reuters, Trump, Business, Zelenskyy, Fox News, ABC News Locations: Ukraine, Europe, Russian, Mar, Russia, Detroit
Lichtman, who has accurately predicted nine elections to date, called a Harris win in September. He said he's received death threats and that there were two break-in attempts on his home. AdvertisementAllan Lichtman, the history professor who correctly predicted nine of the last 11 presidential elections, said he's received death threats after wrongly predicting 2024's results. Lichtman predicted a win for Vice President Kamala Harris over her opponent, former President Donald Trump, in September. "We've faced death threats, doxxing, swatting and intimidation at our doorstep.
Persons: Allan Lichtman, Lichtman, he's, , Kamala Harris, Donald Trump, We've, Harris Organizations: Harris, Service, American University, Washington, DC Metropolitan Police Department, Business, YouTube, The New York Times, Trump, Republican
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