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☆ Apple WWDC 2023: What to expect at Apple's big developer event
▼ + stars: | 2023-06-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

The highly anticipated release of an AR/VR headset would be Apple’s biggest hardware product launch since the debut of the Apple Watch in 2015. Here’s a closer look at what to expect:A ‘mixed reality’ headsetFor years, Apple CEO Tim Cook has expressed interest in augmented reality. Apple’s new headset is expected to pack apps for gaming, fitness and meditation, and offer access to iOS apps such as Messages, FaceTime and Safari, according to Bloomberg. New MacBooksA mixed reality headset may not be the only piece of hardware to get stage time this year. New features for iPhone, iPad and Apple WatchConsidering WWDC is traditionally a software event, Apple executives will likely spend much of the time highlighting the changes and upgrades coming to its next-generation mobile operating systems, iOS 17 and iPadOS 17.

Persons: Tim Cook, it’s, Siri, Justin Sullivan, Apple Organizations: CNN, Apple, Worldwide Developers Conference, Apple Watch, YouTube, Bloomberg, VR, MacBook, Wall Street, Big Tech Locations: Cupertino , California, Silicon Valley

☆ 10 things Wall Street summer interns should know to snag a return offer, including how to fill the downtime and when it's not OK to go out for lunch
▼ + stars: | 2023-06-04 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +13 min

Wall Street's summer internship season is finally here — and the competition will be fierce. "I wouldn't be surprised if it's 70% or even less," he said of the return offer rates at the end of the summer. At the end of the summer, they may help determine who gets a return offer. "People just didn't know him, so they didn't have an opinion on him when they were making the decision about the return offer. "Assuming business professional-dressed student A and business casual-dressed student B perform equally well on the job, student A would be more likely to receive the return offer," Sibley said.

Persons: it's, Steve Sibley, They're, Sibley, don'ts, Goldman Sachs, David S, Holloway, Asif Rahman, Rahman, you'll, doesn't, I've, Gucci loafers, you've, You've Organizations: Indiana University's Kelley School of Business, Google, Wall Street Locations: New York City, San Francisco, snagging, dealmaking

American Express is one of Wells Fargo's top picks for a tougher recession scenario. The firm said the payment card company has an excellent risk-reward valuation — even in the case of revenue growth being cut in half. "Their ability to flex peak investment expense is a powerful lever," Wells Fargo said in a Wednesday client note. "We view AXP shares as quite defensive, and it's our Top Pick. We believe their earnings would hold up better than many expect should we head into a tougher economic environment than the mild recession we assume.

Persons: Wells Fargo's, Wells Fargo, Donald Fandetti, Fandetti, — CNBC's Michael Bloom Locations: Wells

☆ Here are Wednesday's biggest analyst calls: Apple, Nvidia, Chevron, Amazon, Avis, SeaWorld & more
▼ + stars: | 2023-05-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Needham initiates Sovos Brands as buy Citi said Sovos' Brands Rao's Tomato Sauce will be a $1 billion brand in the next three-to-four years. " Citi reiterates Anheuser-Busch InBev as buy Citi said investors should buy the dip in the beer giant. Deutsche Bank upgrades Avis to buy from hold Deutsche said the rental car company that it has upside potential. "In a tougher recession and sharp travel fall-off where revenue growth is cut in half, we estimate mid to high single digit EPS risk, implying an excellent risk/reward given valuation. Citi reiterates Nvidia as buy Citi said investors should "stay long" in shares of Nvidia.

Persons: Needham, Sovos, Michael Angelo's, Bernstein, Wedbush, it's, Goldman Sachs, Goldman, Bud, Baird, Mobileye, XYL, Wells, Key, AMBA, Mizuho, Piper Sandler, Piper Organizations: Brands, Citi, Amazon, Worldwide, Conference, SeaWorld, Anheuser, Busch InBev, Deutsche Bank, Avis, Deutsche, UBS, American Express, American, Palo Alto Networks, JPMorgan, Chevron, Service, Nvidia, TAM, Liberty, Microsoft Locations: US, Noosa, Cupertino, European, Wells Fargo, CrowdStrike, Zscaler, Palo, America, F2023E

☆ UK fintech bank Monzo more than doubles revenue but marginally narrows losses to $143 million, results show
▼ + stars: | 2023-05-31 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

London-based fintech bank Monzo more than doubled its revenue last year, results show. The company, founded in 2015, also narrowed losses marginally to £116.3 million ($143.4 million). British fintech bank Monzo more than doubled its revenue last year and marginally narrowed losses to £116.3 million ($143.4 million), according to results published on Wednesday. Monzo, famous for its bright coral pink debit cards, added another 1.6 million customers with the bank now servicing around 7.4 million users. The company's results come after fellow London-based fintech bank Starling, announced a pre-tax profit of £195 million ($241 million).

Persons: Anil, Monzo, Starling, Y Combinator, Tom Blomfield, Combinator Organizations: Catalyst, Abu Dhabi Growth Fund Locations: British, London, Abu Dhabi

☆ India launches electronics repair pilot project to lure manufacturers
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, May 31 (Reuters) - India has launched a pilot project to establish itself as an electronics repair hub with certain favourable policy changes, which has already attracted companies like Lenovo and Flex, the country's IT ministry said on Wednesday. The three-month-long Electronics Repair Services Outsourcing (ERSO) program is India's first formal attempt to capitalise on a $100 billion global industry and follows a push by MAIT, an industry group for IT and electronics manufacturers. Besides, China's Lenovo (0092.HK) and Singapore-based Flex (FLEX.O), electronic manufacturers like CTDI, R-Logic, and Aforeserve have volunteered for the program, the ministry said in a statement. While India is seeing increased interest in electronics manufacturing, with companies such as Apple (AAPL.O) pivoting from production in China, its repair outsourcing industry has been beleaguered by certain import-export rules. In the pilot phase India will also permit re-export of the imported electronics goods to countries different from the original one - currently it is banned under foreign trade rules.

Persons: Aforeserve, Varun Vyas, Savio D'Souza Organizations: Lenovo, Flex, Reuters, Services, IT, HK, Apple, Thomson Locations: BENGALURU, India, Singapore, China, Bengaluru, Munsif, New Delhi

NEW DELHI, May 30 (Reuters) - India will start a pilot project this week to establish itself as an electronics repair hub by relaxing cumbersome import-export rules, a move that could draw tech majors such as Flex (FLEX.O) to expand such operations in the country. In the pilot phase, which will see participation from companies including Lenovo (0992.HK) and Cisco (CSCO.O), India will also permit re-export of the imported electronics goods to countries different from the original one - currently it is banned under foreign trade rules. "Repair outsourcing will incentivise electronic manufacturers to further expand their production capabilities in India. This is a critical step towards ensuring resilience to supply chain shocks," said Jafri, who estimated the repair industry in India to be worth $20 billion in five years. High repair costs in regions such as Europe and the United States are compelling companies to send goods overseas, Jafri said.

☆ How the 'water bed effect' is costing you at the grocery store
▼ + stars: | 2023-05-30 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

But that habit creates a "water bed effect," putting pressure on small grocers, an NYT opinion says. For the food industry, the consequences of the water bed effect have included consolidation and less competition, Mitchell wrote. Walmart commanded about one-quarter of US grocery sales in 2021, according to Euromonitor. The subject of grocery consolidation was a concern to small grocers before the most recent merger proposal. Independent grocers represent up to one-third of US grocery sales, according to a 2021 estimate from the National Grocers Association.

☆ Return-to-office mandates won’t magically improve young employees’ career development
▼ + stars: | 2023-05-23 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

New York CNN —CEOs and other senior leaders very often want employees in the workplace for more days than employees who can do their jobs remotely would like. Many leaders assert more in-person experiences can, among other things, provide better career development for the youngest and newest employees. The good old days may not have been that goodConsider that before the pandemic, most employees were at their workplace five days a week. But fixating on the question of “how many days should employees be in the office?” is the wrong approach, Yost said. “In general there has been a lack of intentionality of how we develop young people,” Yost said.

☆ The New NFL Proposal That Risks Fan Backlash
▼ + stars: | 2023-05-22 | by ( Andrew Beaton | Joshua Robinson | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/sports/football/nfl-flex-scheduling-thursday-night-football-725837b2

☆ An NFL Proposal Risks Fan Ire. Just Look at European Soccer.
▼ + stars: | 2023-05-22 | by ( Andrew Beaton | Joshua Robinson | ) www.wsj.com time to read: 1 min

☆ Students and young engineers are fed up with Big Tech
▼ + stars: | 2023-05-22 | by ( Kali Hays | ) www.businessinsider.com time to read: +6 min

Big Tech is losing its appeal for new graduates and young tech workers starting to look elsewhere to launch their careers. Peers and mentors warn them to avoid the trappings of embarking on a Big Tech career. Based on conversations with students and companies, even students from top schools including Stanford and MIT and junior engineers from top tech companies are "feeling the crunch now," Lerner said. Tech students are applying to jobs in other fieldsWhile students and young engineers are still interested in pursuing tech-focused careers, where they want to put in their time is changing. The impact of waning interest in Big Tech among students on major companies remains to be seen.

☆ 4 side hustles to try as a professional that don't require any new skills or expertise
▼ + stars: | 2023-05-21 | by ( Kanika Tolver | ) www.businessinsider.com time to read: +4 min

Tolver suggests multiple side hustles including becoming a paid speaker and selling content. Become a paid speakerThere are thousands of fertile minds being paid regularly to speak at conferences, corporations and universities. Once that's complete, a professional website needs to be made that includes a speaker media kit featuring video examples of presentations. The speaking business is potentially very lucrative and offers the further advantage of exposure to new job opportunities. This can be a great way to give back to the next generation of professionals while getting paid to teach a subject that's aligned with professional expertise.

☆ Ron DeSantis: What to expect from his presidential campaign
▼ + stars: | 2023-05-20 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +10 min

Ron DeSantis is expected to make his presidential campaign official next week. WOLF: More than any other Republican, DeSantis has generated national media scrutiny and buzz that he could be the candidate best positioned to challenge Trump. Are he and his advisers concerned that all that attention has not translated to a stronger position in GOP primary polls? CONTORNO: As we previously reported several months ago, DeSantis’ political operation believes he has the money and the name recognition to launch a national campaign out of the gate. CONTORNO: Some of Trump’s top advisers once ran DeSantis’ political operation, and several former Trump operatives and donors are now in DeSantis’ camp, so the sniping is already becoming pronounced.

☆ How my credit card saved the day when my phone was stolen on a trip abroad
▼ + stars: | 2023-05-19 | by ( Liz Hund | ) edition.cnn.com time to read: +8 min

Why the Chase Freedom Flex saved the day when my phone was stolenMy credit card reimbursed me for my stolen smartphone. Additionally, the Freedom Flex’s cell phone insurance is secondary to any other insurance you have that covers your phone. Credit cards with cell phone insuranceA number of credit cards include cell phone insurance. However, some banks — namely Citi — have removed cell phone insurance as a credit card benefit, even for World Elite Mastercards. Check out CNN Underscored’s full guide to the best credit cards for cell phone insurance for the full list, which includes popular travel credit cards.

☆ I fly dozens of times a year, and save hundreds of dollars on airfare with a simple trick airlines don't want you to know about
▼ + stars: | 2023-05-19 | by ( Joseph Hostetler | Jasmin Baron | Credit Cards Reporter | ) www.businessinsider.com time to read: +25 min

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Read Insider's guide to the best travel rewards credit cards. There are even a handful of no-annual-fee travel credit cards that waive foreign transaction fees, such as the Capital One VentureOne Rewards Credit Card. Even if you travel just once or twice per year, you should have at least one travel rewards credit card. Note that credit card lenders may use many different variations of credit score models when considering your application.

☆ Here are Wednesday's biggest analyst calls: Tesla, Wynn, Walmart, Alphabet, Western Alliance & more
▼ + stars: | 2023-05-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Bernstein reiterates Tesla as underperform Bernstein said after the automaker's shareholder meeting that it sees trouble ahead. Bank of America upgrades AppLovin to buy from neutral Bank of America said it sees accelerating revenue growth for the mobile tech company. Stephens reiterates Walmart as overweight Stephens said it's standing by its overweight rating heading into Walmart earnings Thursday. Bank of America reiterates ServiceNow as buy Bank of America said the software company is well positioned for AI. " Stephens reiterates Western Alliance as overweight Stephens said it's standing by its overweight rating on the regional bank.

☆ Earth-sized alien planet gripped by widespread volcanism
▼ + stars: | 2023-05-17 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

In our solar system, Earth and Venus are volcanically active, as are some of Jupiter's moons. Planets beyond our solar system are called exoplanets. Here, water from the nightside glacier can melt and possibly form liquid surface water. In addition, there is likely volcanism all around the planet, even under the ice on the nightside and possibly under the water near the terminator," Benneke said. The planet is located in the Milky Way about 86 light-years away from our solar system in the direction of the constellation Crater.

☆ US set to issue $362 mln loan for vehicle wiring production
▼ + stars: | 2023-05-12 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, May 12 (Reuters) - The U.S. Energy Department on Friday said it intends to loan California startup CelLink $362 million to help finance construction of a U.S. manufacturing facility to improve key vehicle wiring components. The conditional commitment from the government's Advanced Technology Vehicles Manufacturing loan program is for the development of lighter, more efficient flexible circuit wiring harnesses for automotive and other industries. Once fully operational, the Georgetown, Texas facility is expected to produce flex harnesses to support some 2.7 million electric vehicles per year, the department said. CelLink, which already has products installed in more than a million vehicles on the road, currently operates a manufacturing facility in San Carlos. The new Texas facility will eventually hold up to 25 manufacturing lines that will be brought online in stages over the next several years depending on demand.

☆ US employees are more satisfied than ever, new survey finds
▼ + stars: | 2023-05-11 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +3 min

But a new survey released by The Conference Board on Thursday found that US employees’ job satisfaction overall is the highest it has ever been since the survey began in 1987. Just over 62% of survey respondents indicated overall satisfaction with their jobs, a 2.1 percentage point increase over the prior year’s survey and a 5 percentage point jump over that recorded in 2020. … Across the majority of 26 factors surveyed, employees with hybrid work arrangements report the greatest job satisfaction compared to fully remote or fully on-premises workers,” Board researchers said in their analysis. Survey respondents who had recently changed jobs also were more likely to say they were satisfied. “Overall job satisfaction is 3.6 percentage points higher among those who have found a new job since the pandemic began, compared to those who have not,” Conference Board researchers wrote.

Google Pixel Fold Google's Pixel Fold is a premium, foldable phone that looks to justify its $1,800 price tag with versatile functionality and multitasking features. In many respects, Google's Pixel Fold offers a design and functionality similar to its main competitor, Samsung's Galaxy Z Fold 4. Google Pixel Fold: Hands-on impressionsThe Pixel Fold's exterior screen looks and feels like a regular phone screen. Antonio Villas-Boas/InsiderThe Pixel Fold is available for pre-order from Google's Store online now for a starting price of $1,799. Google Pixel Fold: Specs

☆ China's aircraft carrier Shandong returns to home port after show of might
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +2 min

This year, the Shandong has been spotted in the Taiwan strait, the Bashi channel between Taiwan and the Philippines, and even as far as Guam. "The Shandong carrier group, for the first time, in a formation and of scale, went to the waters of the western Pacific," it added. The carrier, commissioned in 2019, has featured prominently in China's military propaganda. During the April drills, China showed extensive images of the Shandong and its fighter jets being launched from the carrier. In March 2022, the Shandong, one of China's two operational carriers, sailed through the Taiwan Strait just hours before the Chinese and U.S. presidents were due to talk.

☆ Ford reveals redesigned Ranger pickup with new Raptor performance model
▼ + stars: | 2023-05-10 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

In this article F Follow your favorite stocks CREATE FREE ACCOUNT2024 Ford Ranger Raptor FordDETROIT — Ford Motor on Wednesday revealed its redesigned Ranger midsize pickup truck for the U.S., including a new Raptor performance model. 2024 Ford Ranger Raptor FordFord declined to release the current average transaction price of the Ranger. The Ranger Raptor, which is powered by a 3.0-liter EcoBoost V6 engine, adds to Ford's Raptor lineup that currently includes the F-150 full-size pickup and Bronco SUV. 2024 Ford Ranger Raptor Ford"The mission has always been to climb the mountain to No. 2024 Ford Ranger XLT Sport FordThe Ranger fits in between Ford's compact Maverick pickup and the automaker's full-size F-150 and larger F-Series trucks.

☆ Meet a boomer who retired from a 6-figure job so he wouldn't have to work remotely full time
▼ + stars: | 2023-05-07 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

He said he didn't have the self-discipline for remote work and likes being around people. He found during those couple of weeks that something that makes remote work appealing to many — the ability to structure time away from the eyes of coworkers — didn't really work for him. Remote work is "just not for me," he said. For many people, remote work has allowed them to flex their autonomy over their working conditions and lives. But for Bond, who worried about self-discipline and a lack of separation between home and work, working in person became his ideal.

Canelo vs. Ryder live stream quick links US: Watch on DAZN ($55 plus $20/month membership)Watch on ($55 plus $20/month membership) UK: Watch on DAZN (£19.99/month)Watch on (£19.99/month) Start time: 7 p.m. How to watch Canelo vs. RyderYou can watch Canelo vs. Ryder as a pay-per-event on the DAZN streaming service. You can also order Canelo vs. Ryder directly through most TV providers for $80, but the DAZN package is a bit cheaper. Canelo vs. Ryder PPV Fight with with DAZN Subscription The super middleweight title fight between Canelo Alvarez and John Ryder is a $55 pay-per-view event, but you'll also need a $20/month DAZN subscription to watch if you don't already have one. How to watch Canelo vs. Ryder outside the USThe Canelo vs. Ryder price varies in regions outside the US, but DAZN is still the primary broadcaster in the UK, Canada, and Latin America.

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