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Search resuls for: "Kenny"


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☆ 24-Hour Challenge: Can My AI Voice and Video Clone Replace Me?
  + stars: | 2023-04-28 | by ( Joanna Stern | ) www.wsj.com   time to read: 1 min
S2 E22Inside the Lucrative–and Secretive–Business of iPhone Trade-Ins So you just traded in your old iPhone to get a deal on a new one. Where does that old phone go? Who makes money on it? WSJ’s Joanna Stern follows an iPhone through the refurbishment process to explain why the second-hand phone market is booming. Photo illustration: Kenny Wassus
☆ Blocked crossings force kids in an Indiana suburb to climb above and crawl under stopped trains to get to school
  + stars: | 2023-04-27 | by ( Topher Sanders | Dan Schwartz | Joce Sterman | ) www.businessinsider.com   time to read: +20 min
Kids in Hammond, Indiana, are forced to climb over and through stopped trains block their way to school. Jamie Kelter Davis for ProPublicaState lawmakers have tried to curb blocked crossings by restricting the lengths of trains. Spielmaker, the Norfolk Southern spokesperson, said: "We work with first responders on a daily basis to assist however we can. A favorable court opinion could allow other states to finally enforce their laws on blocked crossings. Among those who hope to voice their concerns about the blocked crossings are rail workers themselves who worry about the kids.
☆ ‘Big George Foreman’ Review: Not the Biopic a Two-time Champ Deserves
  + stars: | 2023-04-27 | by ( Glenn Kenny | ) www.nytimes.com   time to read: +1 min
The former boxer George Foreman’s late-20th-century popularity as a television pitchman for a line of cooking products has enabled a collective amnesia. Boxing has given us many fighters who have won world champion titles more than once. But Foreman won his first heavyweight title bout in 1973. Too bad “Big George Foreman,” directed by George Tillman, Jr., is so shockingly flat. George, who can wallop like no other boxer, almost obliviously moves from strength to strength.
☆ Elon Musk's super-app ambitions might be a fool's errand
  + stars: | 2023-04-25 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
Whether it's charging, or not charging, for blue check marks or blowing up mega-rockets, Elon Musk's businesses get plenty of scrutiny. Insider's Paige Hagy looked into Musk's plans around turning Twitter into a super app and spoke to industry experts about the strategy. A super app, or everything app, as Musk calls it, encompasses everything (no duh!) In short, if it's something you can do on your phone, you can do it on a super app. Click here to read more about Elon Musk's plans for creating an everything app.
☆ Shift to Electric Cars Gives Design Centers a New Look, Too
  + stars: | 2023-04-25 | by ( Patrick Sisson | Sarah Rice | ) www.nytimes.com   time to read: +1 min
The electric vehicle revolution isn’t on its way. “Every couple of weeks, there’s a new multibillion-dollar facility being constructed. That’s not something we see every day.”In an effort to make electric vehicles more affordable, last year’s Inflation Reduction Act included tax credits that give American automakers like General Motors and Tesla an advantage over foreign competitors. A total of $135 billion in government funds will be directed to vehicle electrification and new factories. As they accelerate their shift to electric vehicles, automakers will also need new facilities like design and development sites.
☆ This married real-estate investing couple bought their first house by accident. Now they've built a $19 million 47-unit portfolio over the last 8 years by chasing the 'bread and butter' of multi-famil
  + stars: | 2023-04-24 | by ( Lisa Kailai Han | ) www.businessinsider.com   time to read: +12 min
Over the past decade, they've grown their real estate portfolio to 47 units worth $19 million. Both had also had real estate ambitions prior to meeting. According to Simpson, the best way to source deals is also the most obvious — by having a good relationship with real estate brokers. If they intend to sell a property, Simpson and Moore generally only make improvements to between 60% to 65% of the units. In the future, the couple's long-term goals include continuing to grow their real estate portfolio, expanding their coaching business, and eventually handing their own investments full-time.
☆ The Hidden iPhone Setting Thieves Use to Lock People Out of Apple Accounts
  + stars: | 2023-04-19 | by ( Joanna Stern | ) www.wsj.com   time to read: 1 min
S2 E22Inside the Lucrative–and Secretive–Business of iPhone Trade-Ins So you just traded in your old iPhone to get a deal on a new one. Where does that old phone go? Who makes money on it? WSJ’s Joanna Stern follows an iPhone through the refurbishment process to explain why the second-hand phone market is booming. Photo illustration: Kenny Wassus
☆ China's Zeekr launches SUV to boost premium EV sales
  + stars: | 2023-04-12 | by ( ) www.reuters.com   time to read: 1 min
Companies Zhejiang Geely Holding Group Co Ltd FollowCHENGDU, China, April 12 (Reuters) - Chinese electric vehicle (EV) maker Zeekr on Wednesday launched a new compact sports utility vehicle (SUV) as the Geely-owned (GEELY.UL) brand strives for market share in a premium segment previously dominated by German rivals. With a starting price of 189,800 yuan ($27,615.31), the Zeekr X SUV offers features such as the ability to unlock the car using facial recoginition technology and an in-vehicle refridgerator, CEO Andy An said at an event in China's southwestern city of Chengdu. The company will start delivering the Zeekr X from June this year, he added. ($1 = 6.8730 Chinese yuan renminbi)Reporting by Zoey Zhang and Brenda Goh Editing by Kenny Maxwell and David GoodmanOur Standards: The Thomson Reuters Trust Principles.
☆ Two of Ken Griffin's biggest donations sit on opposite sides of the spectrum
  + stars: | 2023-04-12 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
Griffin, who founded Wall Street giants Citadel and Citadel Securities, donated $300 million to Harvard's Faculty of Arts and Sciences (FAS). However, it's interesting to see how two of his biggest contributions — DeSantis and Harvard — seem to operate on opposite ends of the spectrum. Click her to read our profile on Ken Griffin's rise to the top of Wall Street. Wall Street is drying out wells to drive up returns in California. Click here for more on the water woes created by Wall Street.
☆ The lucky breaks that built Nike
  + stars: | 2023-04-08 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +5 min
Fittingly as "Air" hits theaters, Nike will release an Air Jordan in "lucky green." "Luck plays a big role," Nike cofounder Phil Knight wrote in the closing of his 2016 memoir, "Shoe Dog." Athletes get lucky, poets get lucky, businesses get lucky." Knight wrote. Next Wednesday, Nike will release the "Black and Lucky Green" Air Jordan 1.
☆ Nike envisions a wild future with Olympics in outer space, clothing made of spider silk, and footballs make of stardust
  + stars: | 2023-04-03 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +8 min
Nike recently published a fun and thought-provoking book about the company's next 50 years. The company playfully envisions athletic competitions in space and footballs made from stardust. The small 192-page book is mostly a fun, futuristic read about what Nike might be doing in 2073. Sam Grawe, who wrote the 2021 book Nike: Better is Temporary, is an editor and contributed essays. On a more terrestrial level, Nike foresees clothing made from spider silk and the emergence of volcanic glass compounds.
☆ Alibaba to split into six units
  + stars: | 2023-03-28 | by ( ) www.reuters.com   time to read: +2 min
March 28 (Reuters) - Alibaba Group Holding Ltd (9988.HK) said it plans split its business into six main units covering e-commerce, media and the cloud, adding that each of the units will explore fundraising or initial public offerings. STUART COLE, HEAD MACRO ECONOMIST AT EQUITI CAPITAL, LONDON"I am not sure how quickly Alibaba could be broken up. To me, it suggests something that Alibaba has been wanting to do for some time, but has been waiting for the opportunity to do so." With this expectation, investors will be more positive on Alibaba. It may reflect a new round of development for the business and reduce worries of regulatory issues."
☆ Rental car firm Hertz's finance chief Cheung to quit
  + stars: | 2023-03-27 | by ( ) www.reuters.com   time to read: +1 min
March 27 (Reuters) - Rental car firm Hertz Global Holdings Inc (HTZ.O) said on Monday its Chief Financial Officer Kenny Cheung was leaving the company to pursue other opportunities. The company said Chief Accounting Officer Alexandra Brooks will serve as interim finance chief, effective April 1. Shares of the company, which operates the Hertz, Dollar and Thrifty vehicle rental brands, were up 1.3% before the bell. Cheung's departure comes at a time when Hertz's profitability has come under pressure in recent months due to higher car maintenance costs. Cheung will remain in the company until April 14, the company said, as it kicked starts a formal search process for a new CFO.
☆ Bard vs. ChatGPT vs. Bing: Why Google Restricted Its Chatbot (Exclusive)
  + stars: | 2023-03-24 | by ( Joanna Stern | ) www.wsj.com   time to read: 1 min
S2 E22Inside the Lucrative–and Secretive–Business of iPhone Trade-Ins So you just traded in your old iPhone to get a deal on a new one. Where does that old phone go? Who makes money on it? WSJ’s Joanna Stern follows an iPhone through the refurbishment process to explain why the second-hand phone market is booming. Photo illustration: Kenny Wassus
☆ JPMorgan vs. Bank of America? Analysts say one of the stocks is set to soar 50%
  + stars: | 2023-03-21 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +5 min
It's not just regional bank shares that have been hit by the recent banking crisis — large-cap bank stocks have also tumbled. JPMorgan was down nearly 6% last week, while Bank of America tumbled 8% over the same period. It said big banks are a "big beneficiary" and fundamentals at JPMorgan Chase, Bank of America, Wells Fargo and Citi look "rather strong." For those looking to invest, CNBC Pro takes a look at what analysts are saying about JPMorgan Chase and Bank of America in particular. However, Bank of America has only 8% of uninsured deposits as a proportion of its total deposit liabilities.
☆ ‘Chaos creates opportunities’: Strategist says to look beyond the SVB fallout — and names his top picks
  + stars: | 2023-03-15 | by ( Zavier Ong | ) www.cnbc.com   time to read: +3 min
Markets calmed somewhat Tuesday, and Kenny Polcari, chief market strategist at SlateStone Wealth, believes the worst of the equity sell-off is over. "There's a lot of damage done to some of these stocks and they're going to need to rebalance. You need health care, you need consumer staples, you need energy. So yes, I think there are opportunities certainly in the health care space that are good dividend payers as well," he said. While the stock is not a "big sexy tech name," it is a "solid, great drug name," according to Polcari.
☆ Analysis: Fear of the dark: Taiwan sees wartime frailty in communication links with world
  + stars: | 2023-03-15 | by ( Sarah Wu Yimou Lee | Sarah Wu | Yimou Lee | ) www.reuters.com   time to read: +6 min
"We are taking notes from Zelenskiy," a senior Taiwan security official said, referring to Ukrainian President Volodymyr Zelenskiy's strong presence on social media. "We can't even fix sea cables on our own," the official said. "What if one day all 14 of Taiwan's undersea cables connecting us to the outside world break? Taiwan's military has long prepared back-up plans, including a fibre-optic network for communications within Taiwan, satellites, high-frequency radio, and microwave systems. "So the first step (for China) - with about 99 percent likelihood - is to cut our sea cables," Huang said.
☆ Inside the Lucrative–and Secretive–Business of iPhone Trade-Ins
  + stars: | 2023-03-15 | by ( Joanna Stern | ) www.wsj.com   time to read: 1 min
S2 E21Apple’s iPhone Passcode Problem: How Thieves Can Take Over in Minutes iPhone thieves across the country are locking people out of their Apple accounts and draining their bank accounts—sometimes before victims even know what happened. How do they do it and how can you protect yourself? WSJ’s Joanna Stern investigates. Photo illustration: Elena Scotti, Kenny Wassus
☆ Warner Bros. Discovery sues Paramount over 'South Park' streaming rights
  + stars: | 2023-02-24 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +4 min
Warner Bros. Discovery sued Paramount Global looking to enforce the streaming rights of "South Park," setting the stage for a legal battle between two media behemoths as the streaming wars intensify. Discovery filed a lawsuit against Paramount, South Park Digital Studios and MTV Entertainment seeking hundreds of millions of dollars for what it believes was a breach of contract. During the bidding process for the "South Park" rights, the filing said, Paramount allegedly asked whether Warner Bros. Discovery plans to launch a combined HBO Max and Discovery+ streaming service this spring.
☆ Biden admin cuts some mortgage fees amid housing affordability crisis
  + stars: | 2023-02-22 | by ( Anna Bahney | ) edition.cnn.com   time to read: +7 min
The move affects mortgage insurance premiums paid by new borrowers who take out loans insured by the Federal Housing Administration. But for homebuyers struggling to enter the housing market, there are some loans like FHA that come with required mortgage insurance. But for borrowers unable to enter the housing market another way, FHA loans can often be the cheapest option. In addition, only a fraction of all home sales are financed with FHA loans. Only 811,362 out of 5.7 million purchase loans originated in 2021 were FHA loans, or about 14.3%, according to HUD.
☆ Super Bowl LVII commercials came with some serious star power, starting with Ben and Jen at the Dunkin drive-thru
  + stars: | 2023-02-13 | by ( Aaron Mcdade | ) www.businessinsider.com   time to read: +2 min
The Super Bowl's ads are nearly as famous as the game itself, with millions guaranteed to tune in. This game continued the tradition of including dozens of celebrities to make cameos in the ads. Some of the early standouts include Ben Affleck, Jennifer Lopez, Serena Williams, and more. Dunkin' DonutsDunkin' Donuts staked an early claim as it surprised viewers with a Super Bowl ad that featured Ben Affleck's brief stint as a Dunkin' employee that made headlines last month. The ad featured a variety of scenes from the movie, all with Michelob Ultra added in.
☆ A corner of tech is up 50% from its 2022 lows — and strategists recommend these stocks to play it
  + stars: | 2023-02-13 | by ( Zavier Ong | ) www.cnbc.com   time to read: +4 min
The semiconductor sector has seen quite a turnaround of late. Chip stocks were among the worst performers last year, with the iShares Semiconductor ETF (SOXX) shedding more than 35% of its value. Despite this, chip stocks have flown somewhat under the radar since the beginning of the year as the buzz around artificial intelligence and a recovery in Big Tech dominated investor attention. While the semiconductor sector is notorious for its cyclicality and boom-bust cycles, several Wall Street pros are urging investors to take a longer-term view. Europe stock ideas In Europe, a raft of chip stocks made Bank of America 's list of "2023 European Best Stock Ideas."
☆ Super Bowl LVII commercials came with serious star power from Steve Martin, Jack Harlow, and Ben and Jen at Dunkin
  + stars: | 2023-02-13 | by ( Aaron Mcdade | ) www.businessinsider.com   time to read: +4 min
Dunkin' DonutsDunkin' Donuts staked an early claim, surprising viewers with a Super Bowl ad featuring Ben Affleck in a brief stint as a Dunkin' employee. T-MobileT-Mobile opted for a more low-key approach, recruiting movie star Bradley Cooper and his mother to pitch viewers on the benefits of the mobile carrier. At least, that's what the plan was when Cooper was signed to do the commercial, the ad says. DoritosDoritos has become one of the most notable Super Bowl advertisers in recent years, and the chip brand continued its run, calling on music star Jack Harlow for most of its triangle-themed ad. In the ad, Harlow decides he is going to quit rapping in order to pursue his new passion: the triangle.
☆ NBC Sports hopes to make an aggressive bid to bring back the NBA, sources say
  + stars: | 2023-02-13 | by ( Alex Sherman | ) www.cnbc.com   time to read: +7 min
Discovery own the NBA rights until the end of the 2024-2025 season — more than two more years from now. Warner Bros. Warner Bros. NBC aired its last NBA games during the 2002 finals, when the Los Angeles Lakers swept the New Jersey Nets. Regular season NBA games across ABC, ESPN and TNT are averaging 1.6 million viewers this season.
☆ Buy these 10 stocks right now to earn steady income from dividends and gain exposure to AI while preparing your portfolio for a long recession, according to a veteran strategist
  + stars: | 2023-02-11 | by ( James Faris | ) www.businessinsider.com   time to read: +4 min
Veteran market strategist Kenny Polcari sees stocks falling toward their December lows. Here are 10 stocks to buy now for strong dividends or exposure to trends like AI. The 40-year market veteran said the drop will come as the US economy loses steam and heads for a longer-than-expected recession. The market veteran added: "You have to prepare for what you think might be the worst and then be pleasantly surprised. Risk-averse investors should focus on stocks that pay dividends and are in recession-resistant sectors like healthcare, utilities, and consumer staples, Polcari said.
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