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☆ How a media executive you've never heard of brokered one of the most consequential deals in Hollywood — and brought us 'Seinfeld'
▼ + stars: | 2022-11-04 | by ( Jane Biondi Munna | ) www.businessinsider.com time to read: +9 min

In a new book, Jane Biondi Munna recounts highlights from her father Frank Biondi's career. In a new book, Biondi's daughter, Jane Biondi Munna, recorded and compiled the story of his career. The author, Jane Biondi Munna, and her late father, Frank Biondi. Apparently some guy, some comedy writer, was living in his car — actually living in his car — when he sold the show to Castle Rock, and Castle Rock sold it to NBC. From LET'S BE FRANK: A Daughter's Tribute to Her Father, The Media Mogul You've Never Heard of by Jane Biondi Munna.

☆ Inflation to dampen holiday spending, retail trade group forecasts
▼ + stars: | 2022-11-03 | by ( Melissa Repko | ) www.cnbc.com time to read: +3 min

Getting shoppers to spend this holiday season won't be easy. "Some of that is going to impact their gift giving and how they cover their other expenses during the holiday season," he said. Other industry-watchers have also forecast a muted holiday season. Last year, holiday sales jumped 14.1% and hit a record of $886.7 billion. That growth compares with an average 4.4% increase in holiday sales over the previous five years.

☆ The fear of missing out can be a killer for investors. Here's how top-ranked financial advisors keep it at bay
▼ + stars: | 2022-10-30 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Michael H | Digitalvision | Getty ImagesThe fear of missing out, or FOMO, can be a powerful psychological force — and it may lead unwary investors to lose bundles of money, according to financial advisors. Financial advisor Josh Brown uses the term "animal spirits" to describe the concept of investors allowing their emotions to guide them. Problem is: Investors often only hear about the big winners, not the duds, advisors and experts said. Various hype-men and -women and social media communities helped nudge investors to buy in last year. watch nowHow advisors overcome investors' FOMOPlaying off that future regret is how top financial advisors try to dissuade investors from succumbing to FOMO.

☆ 1 dead, 3 injured after Missouri bridge collapses during construction
▼ + stars: | 2022-10-27 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

One person was killed and at least three others were injured after a Missouri bridge under construction collapsed and trapped four people in the debris. The bridge collapsed at 148th Street and Shady Grove Road outside Kearney, on Wednesday just before 2 p.m., the Clay County Sheriff’s Office said in a news release. Contractors were pouring concrete on its deck when the bridge collapsed, officials said. The collapse trapped four people, but three were able to “extricate themselves from the collapse,” the release stated. The bridge had been closed since 2016, and construction started late last May to create a new two-lane bridge set to open early next year, the sheriff's office said.

☆ Here are tips for buying a home in a cooling market, according to top-ranked financial advisors
▼ + stars: | 2022-10-26 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +5 min

Add in higher mortgage rates, elevated home prices and unrelenting high inflation — i.e., the current home-buying environment — and it may feel decidedly unattainable. This means having a good handle on your current financial situation. While the purchase of a house is a single transaction, affordability is largely about monthly mortgage payments. "Look at your current credit score and see if you need to make improvements," Higgins said. Look at your current credit score and see if you need to make improvements.

☆ Bed Bath and Beyond names Sue Grove as its new CEO
▼ + stars: | 2022-10-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN Business —Bed Bath and Beyond has named a new CEO — and investors were selling the stock. The beleaguered retailer has tapped interim leader Sue Gove to the position permanently. It also revealed that sales at stores open for at least a year plunged 26% during its latest quarter ending August 27. Neil Saunders, managing director of GlobalData, said the appointment of Gove is a “sensible and pragmatic solution” because of her knowledge of the Bed Bath and Beyond brand. “In any case, it is our view that Bed Bath and Beyond would have difficulty in recruiting someone from the outside because of both the extreme challenges it faces and the lingering doubts about its long-term survival,” he added.

☆ Tyson Fury: Heavyweight boxing champion to release 'Sweet Caroline' solo single for mental health charity
▼ + stars: | 2022-10-26 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

But he’ll be “reaching out, touching me, touching you” as he swaps the boxing ring for the recording studio, all in the name of charity. The two-time world heavyweight champion will release a cover of Neil Diamond’s classic ‘Sweet Caroline’ in aid of men’s mental health charity, Talk Club, in November. 100% of the profits earned from Fury’s debut solo single will be donated to Talk Club. “Boxing has been a massive platform for me to spread the word on mental health and I have done it to the best of my ability,” the 34-year-old said in a press release announcing the single. Sarah Louise Bennett“I have been very vocal about my mental health struggle, especially since my comeback.

☆ Why Russia accused China of copying its stealth fighter design
▼ + stars: | 2022-10-19 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +8 min

China is often accused of stealing plans for the US F-22 and F-35 to design its J-20 stealth jet. A Chinese J-20. Russia called out the J-20's similarities with the MiG 1.44 immediately after the Chinese fighter was revealedRussia's Su-47 Berkut forward-swept wing aircraft. REUTERS/StringerMikoyan has denied providing any kind of support for China's stealth fighter development which dates back to well before the J-20 was officially unveiled. "It looks like they got access … to documents relating to the Mikoyan — the aircraft that the Ministry of Defence skipped over in its tender to create a stealth fighter," he said.

☆ The Columbus, Ohio, Warehouse Boom: How warehouses brought stifling dust and diesel fumes — and a chance for refugees to grab the American dream
▼ + stars: | 2022-10-19 | by ( Emma Cosgrove | Katherine Long | ) www.businessinsider.com time to read: +27 min

What binds them, despite different nationalities, immigration stories, and languages, are warehouse jobs. As Columbus' warehouse development begins encroaching into residential areas, a consensus is gathering here — as it has elsewhere — that warehouses make for poor neighbors. Tariq Tarey for InsiderIn Canal Winchester, Halstead's efforts to put the question of warehouse development before voters were stymied. The town council bypassed her group's referendum by declaring a state of emergency to approve the warehouse development. There aren't clear lines between the winners and losers of Columbus' warehouse boom.

☆ Russia Has Destroyed Nearly a Third of Ukraine’s Power Stations, Zelensky Says
▼ + stars: | 2022-10-18 | by ( Thomas Grove | ) www.wsj.com time to read: 1 min

Russian missiles have destroyed nearly a third of Ukraine’s electrical power stations, Ukrainian President Volodymyr Zelensky said Tuesday, after Moscow launched a fresh volley of strikes that hit homes and power installations across the country, seeking to crush Ukraine’s energy supply ahead of winter. The strikes have caused rolling blackouts since Oct. 10, when Russia first responded to Ukraine’s battlefield victories with an uptick of strikes on critical infrastructure. Ukraine has tried to distribute power across its electrical grid to repair and service residents.

☆ Russia’s Top Ukraine Commander Sees Invasion Faltering in South, but Missile Strikes Take Toll on Ukraine
▼ + stars: | 2022-10-18 | by ( Thomas Grove | Yuliya Chernova | ) www.wsj.com time to read: 1 min

Russia’s top military commander in Ukraine signaled Moscow’s hold on the southern city of Kherson was weakening, and Ukraine said Russian strikes since last week had knocked out some 30% of its power-plant infrastructure, raising concerns of countrywide blackouts. Gen. Sergei Surovikin, the recently appointed commander of Russian Armed Forces in Ukraine, gave a rare pessimistic take of his invading forces’ position, telling state television Tuesday that the situation in Kherson “is not at all easy right now” and that the priority in the south was preserving civilians and military personnel.

☆ Russia’s Top Ukraine Commander Sees Invasion Faltering in South
▼ + stars: | 2022-10-18 | by ( Thomas Grove | Yuliya Chernova | ) www.wsj.com time to read: 1 min

Russia’s top military commander in Ukraine gave a rare pessimistic take of his invading forces’ position, suggesting their hold on the southern city of Kherson was weakening. Gen. Sergei Surovikin, the recently appointed commander of Russian Armed Forces in Ukraine, told state television Tuesday that the situation in Kherson “is not at all easy right now” and that the priority in the south was preserving civilians and military personnel.

☆ With product innovation lagging, Silicon Valley bets on a fresh coat of paint
▼ + stars: | 2022-10-17 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

CNN Business —When Google unveiled its new Pixel 7 smartphone lineup earlier this month, the devices looked largely the same as the year prior. Google has also swapped the stormy black (a stormy black) option on the Pixel 6 for obsidian (still black) on the Pixel 7. The emphasis on a new color palette for devices isn’t unique to Google. Apple’s new iPhone 14 lineup comes in Starlight (a champagne color) and midnight (black), and the company has previously unveiled two shades of green (“green” and “alpine green”) and purple (“purple” and “deep purple”). “Color names that are descriptive but odd can spark positive reactions because the consumer likes being able to ‘solve the puzzle,’” she said.

☆ This family owns a 'princess cottage' in Disney World's gated community—where homes sell for $12 million: Take a look inside
▼ + stars: | 2022-10-15 | by ( Cristie Anne Cabrera | ) www.cnbc.com time to read: +5 min

Cristie Anne Cabrera's family home in Golden Oak was built to resemble Belle's cottage in Disney's "Beauty and the Beast." My husband and I live about three and a half hours away in Miami, but Golden Oak is our home away from home. What is Disney's Golden Oak? Disney's Golden Oak is a gated property of luxury, single-family homes, just four miles from Disney's Magic Kingdom Park. Photo: Cristie Anne CabreraOne thing that all the Golden Oak homes have in common are the tiny Disney-themed details.

The AI software told banks to deny millions of legitimate purchases, at a time when consumers had been scrambling for toilet paper and other essentials. Seasonal variations, data-quality changes or momentous events - such as the pandemic - all can lead to a string of bad AI predictions. Also to blame was its AI system learning from corrupted data, the company said. Arize AI, which raised $38 million from investors last month, enables monitoring for customers including Uber, Chick-fil-A and Procter & Gamble. Zoldi said consumer habits were changing too fast to rewrite the AI system.

The upshot: The price of orange juice, which has already climbed to an all-time high of $2.90 per 12-ounce can because of soaring food inflation, could go even higher. "We’re factoring in a very tight [crop production] situation here," said Jack Scoville, vice president at PRICE Futures Group in Chicago. Tristan Wheelock / Bloomberg via Getty ImagesFlorida oranges serve as the feedstock for most orange juice produced in the U.S. He also predicted that more Americans will switch to Vitamin C supplements as the cost of orange juice begins to climb further. Both of those factors could ultimately prevent orange juice prices from rising faster, he said.

Eight months into Ukraine’s war with Russia, its emerging strategy is combining classic military operations with opportunism on the battlefield to exploit the incompetence of Russian forces—and is changing the course of the battle. Ukraine’s command structure encourages junior officers to make in-the-moment battlefield decisions, an authority that they have used to seize opportunities and quickly take advantage of enemy weaknesses.

☆ Wealthy people who moved to Miami are rejecting Florida traditions and radically transforming their homes instead
▼ + stars: | 2022-10-12 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +7 min

"They're willing to bring their New York aesthetic down into Miami, or their LA or Beverly Hills aesthetic down into Miami." Miami newcomers aren't afraid to break away from aesthetic normsEilyn, who said her design style is more personable and poised, was born and raised in Miami. The result is a modern beach home that includes elements of classic Miami design "mixed with the tranquility of Mykonos" that combines a simple color palette with pops of visual interest. "You can incorporate details that maybe you wouldn't see so much in Miami design," she said. It means they have a steady stream of work, with the possibility to be creative and stretch their imaginations as they shape the future of Miami design.

A small group of Los Angeles city leaders faced shame and castigation after an audio recording of racist remarks at a private meeting surfaced Sunday. The most egregious remarks were uttered by City Council President Nury Martinez, who seemed to verify the 2021 recording by apologizing to constituents. Los Angeles City Councilmember Kevin de León and City Council President Nury Martinez confer at council meeting on Oct. 4. Martinez and de León and other Latino council members apologized Sunday after The Los Angeles Times reported that they had been taped making racist comments in a private meeting. The three issued a joint statement Sunday night that called past City Council support for Black Lives Matter "a facade."

☆ Mountain Girl’s heartbreaking memoir: An icon of the Sixties opens up about Jerry Garcia, Ken Kesey, and what the age of free love was really like
▼ + stars: | 2022-10-09 | by ( David Kushner | ) www.businessinsider.com time to read: +40 min

Now 76 and living in Oregon, Mountain Girl has gave us an exclusive look at her memoir. Altamont, the free concert that Mountain Girl and Jerry Garcia helped organized, was meant to revive the spirit of the Sixties. Today, 60 years since she took that ride with Neal Cassady, Mountain Girl is still forging her own path. Before I leave Kesey's farm, Mountain Girl and I walk outside to the old brown barn where Furthur now rests. But for Mountain Girl, it lives forever, an emblem of everything her generation believed in, and all that they achieved.

☆ Amir Malik is on a drive to make golf more inclusive for Muslims
▼ + stars: | 2022-10-04 | by ( Jack Bantock | ) edition.cnn.com time to read: +8 min

CNN —Amir Malik is a man in love with golf. Amir Malik (L) is passionate about golf. Malik believes Muslim women in the UK are being held back from participating in more sports because of a lack of all-female facilities and sessions. Muslim Golf Association‘The golf course doesn’t discriminate’To date, MGA events have attracted over 1,300 participants. Muslim Golf AssociationWhile Malik hopes to soon see Muslim players competing on professional tours, he says he did not form the MGA to produce a Muslim Tiger Woods.

☆ Renters are finally being rewarded for paying the bills on time with cash back, gift cards, and even boosted credit scores
▼ + stars: | 2022-10-02 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

Historically, the US's 44.2 million renters have written checks to their landlords and kissed that cash goodbye. In lieu of a security deposit, Up&Up users "invest" one month's rent into their Up&Up Wallet. Bilt: Building credit is as easy as paying rentAt the rental-rewards startup Bilt, renters are rewarded for paying rent. Piñata: Crack open the rewards while rentingPiñata, too, offers rewards for renters, alongside credit reporting. They can also have their rent payments reported to TransUnion.

☆ The company trying to buy Trump's Truth Social has changed its HQ address from a WeWork to a mailbox at a UPS Store
▼ + stars: | 2022-09-27 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

The company trying to buy Trump's Truth Social has changed its HQ address to a UPS mailbox. Digital World Acquisition previously had its HQ address listed as a WeWork building in Miami. The blank-check company's proposed deal with Truth Social has been plagued by setbacks. A buyout deal between Digital World and Truth Social was first announced in October 2021, and was originally set to close in September 2022. Digital World did not immediately respond to Insider's request for comment, made outside of regular working hours.

☆ $100 million is the new frontier for South Florida luxury homes, says agent Dina Goldentayer, who sold $750 million in real estate last year via chauffeured car, helicopter, and golf cart
▼ + stars: | 2022-09-27 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +4 min

Griffin's $100 million buy is more than double the 2019 record for Miami's priciest single-family home. A Golden Beach compound is on the market for $100 million — and is being marketed as a gut job. "Now $100 million seems to be the threshold that captures the public's imagination. While Miami's ultraluxury market thrives, its less-pricey sectors are beginning to normalize, Miller said. Douglas Elliman's South Florida market reports, which Miller compiles, point to a slowdown in new signed contracts, but that's in comparison with the supercharged market of 2021.

☆ Phil Mickelson and three other golfers drop out of antitrust suit against PGA Tour
▼ + stars: | 2022-09-27 | by ( Jack Stebbins | ) www.cnbc.com time to read: +2 min

Phil Mickelson and three other LIV golfers have dropped out of an antitrust lawsuit against the PGA Tour. Mickelson and 10 other LIV-affiliated players had filed a suit against the PGA Tour in August after the tour suspended them for their participation in the rival LIV Golf league. The PGA Tour declined to comment. The Justice Department is also probing into the PGA Tour for its possible antitrust violations tied to LIV Golf. When the lawsuit was initially filed, PGA Tour commissioner Jay Monahan stood by the decision to suspend the LIV-affiliated players.

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