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☆ How to Soothe a Bad Sunburn
▼ + stars: | 2023-06-17 | by ( Dana G. Smith | ) www.nytimes.com time to read: +1 min

It’s the first day of your beach vacation and you stayed out in the sun a little (or a lot) too long. A sunburn is your skin cells’ reaction to damage from the sun’s ultraviolet radiation. In a first-degree sunburn, the top layer of skin, called the epidermis, is injured, resulting in redness, pain and swelling. Second-degree sunburns are more severe because the next layer of skin, called the dermis, is also harmed. On darker skin, sunburns are harder to notice at first because redness is less apparent.

Persons: ”, Adewole Adamson Organizations: University of Texas, Austin Dell Medical School

☆ Ex-Goldman partner Adam Dell reportedly paid multimillion-dollar settlement after sending a sexually explicit video to a coworker
▼ + stars: | 2023-06-16 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Ex-Goldman Sachs partner Adam Dell shared a sexually explicit video by mistake, Bloomberg reported. Dell paid a multimillion-dollar settlement to the coworker who saw the video, Bloomberg reported. Goldman Sachs CEO David Solomon was among top execs who looked into the complaint, Bloomberg said. She ultimately settled for less, but Adam Dell, 53, still paid a "multimillion-dollar" settlement, Bloomberg said, citing people familiar with the matter. Adam Dell, who founded the investing platform Domain Money, did not respond to Insider's emailed requests for comment on Thursday.

Persons: Goldman Sachs, Adam Dell, Dell, David Solomon, Bloomberg, Michael Dell's, isn't, hadn't, Tony Fratto, Goldman, Insider's, Padma Lakshmi, Kathy Ruemmler —, Barack Obama — Organizations: Bloomberg, Morning, Dell Technologies, Goldman, Impact Venture Partners, Bravo, New York federal, White Locations: New York

☆ Inside the rise of a Wall Street wunderkind
▼ + stars: | 2023-06-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Achieving success at an early age is impressive in any industry, but it's particularly awe-inspiring on Wall Street. Kuenzel, who started as an intern at hedge fund Citadel in 2018 and focused on quantitative research, spoke about his rise within Griffin's financial empire. It's a good lesson for how fixing issues at work is a surefire way to supercharge your career. The Fed and the SEC are investigating the work Goldman did with SVB in the lead-up to its failure, The Wall Street Journal reports. If you're suffering from pre-diabetes or obesity, intermittent fasting could be a good way to control your blood sugar.

Persons: Dan DeFrancesco, Wilhelm, we've, Peter Cade, Emmalyse Brownstein, Soeren Kuenzel, Ken Griffin's, Kuenzel, Griffin, Nancy Luna, Goldman Sachs, Adam Dell, Morgan Stanley, Crispin Odey, Goldman, Qi Tom Chen, Horace Mann School, Jeffrey Cane, Nathan Rennolds Organizations: Getty, Citadel Securities, Citadel, Bloomberg, Odey, Management, JPMorgan, SEC, Street, CNBC, Horace Mann, LinkedIn Locations: London, New York

☆ Part of the secret to Austin's thriving clean-tech startup scene: mentorship
▼ + stars: | 2023-06-13 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Austin, Texas, is home to a number of clean-tech startups. Austin's clean-tech scene isn't only composed of household names. But why do so many clean tech companies call Austin home? That's poised to help clean-tech companies, according to recruiters, venture capitalists, and those who have shifted to working for green companies. Taylor, who's lived in Austin for 38 years, has been part of the Austin startup scene since 1991.

Persons: —, Rebecca Taylor, Taylor, Austin, HolonIQ, Teague Egan, Larry Fink, Egan, Elon Musk, There's, who's, It's Organizations: Service, Austin Technology, ATI, University of Texas, Motors, EV, Blackrock, Giga, Southwest Festival, Computing, Dell, Apple, Microsoft Locations: Austin, Texas, Washington, Tesla, California, Giga Texas, Round, Taylor

☆ Opinion: Before Trump or Viktor Orban, there was Italy’s Berlusconi
▼ + stars: | 2023-06-13 | by ( Ruth Ben-Ghiat | ) edition.cnn.com time to read: +6 min

CNN —“I’m the most persecuted man in all of history,” then-Italian Prime Minister Silvio Berlusconi claimed in 2009, just after Italy’s constitutional court stripped him of immunity from prosecution, leaving him vulnerable as he faced yet another corruption trial. Berlusconi, the three-time Italian prime minister who died this week at 86, wrote the script for an authoritarian style of leadership within a democracy. The flamboyant billionaire owner of a business, media and sports empire, Berlusconi privatized Italian television in the 1980s. Italian television had been limited to three state-owned RAI national networks, but by the 1980s Berlusconi’s Mediaset conglomerate owned the three largest private channels. Berlusconi also raised fears in Italians about the loss of “tradition,” using the specter of Italian demographic decline to justify anti-immigrant policies that preceded those of Hungarian Prime Minister Viktor Orban and other far-right leaders.

Persons: Ruth Ben, “ Strongmen, Mussolini, CNN — “, ”, Silvio Berlusconi, Berlusconi, Benito Mussolini —, Vladimir Putin, Marcello Dell’Utri, Publitalia, Ferdinando Meazza, “ Mussolini, ” Berlusconi, Viktor Orban, Fininvest, Sergei Chirikov, Donald Trump, “ Organizations: CNN, New York University, Italian, Forza Italia, National Alliance, Italian Social, Northern League, AC Milan soccer, RAI, AC Milan, Milan, Milan's, Italian Communist Party, British, Kremlin, Getty, Twitter, Facebook Locations: Italian, Milan, Milan's San Siro, Italy, Western Europe, Hungarian, Moscow, AFP

☆ Body camera footage released after fatal police shooting of 14-year-old in Colorado
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +2 min

June 11 (Reuters) - (This story contains graphic language in paragraph 9)Police in Aurora, Colorado, have released body camera footage following the death of a teenager who was shot by an officer after an alleged robbery. Richardson, who was shot in the abdomen, later died at the hospital, police said. "Gun, gun, let go of the fucking gun," Gruszeczka said. The body camera footage released by police does not show whether Richardson ever pointed the weapon at the officers. Richardson's family reviewed the footage before its public release, and Acevedo said he has been in contact with family members.

Persons: Jor'Dell Richardson, Richardson, James Snapp, Roch Gruszeczka, Gruszeczka, Aurora Police Department Chief Art Acevedo, Acevedo, Maria Caspani, Lisa Shumaker Organizations: Police, Reuters, Aurora Police Department Chief, Thomson Locations: Aurora , Colorado

But in a statement on April 8 last year, the company said: "Due to recent developments, Acer has decided to suspend its business in Russia." Asked about subsequent exports to Russia via Swiss subsidiary Acer Sales International SA, Acer in Taiwan said in a statement that "we strictly adhere to applicable international regulations and trade laws regarding exports to Russia". Acer did not say why it continued shipping its goods to Russia despite saying it would suspend business there. Reuters was unable to establish where some Acer goods that can still be found on sale in Russia had originated from nor when they had arrived in the country. There were no deliveries of the newly prohibited items by Acer to Russia from Switzerland after that date.

Persons: Dell, Artem Zhavoronkov, Acer, Filipp Lebedev, Gleb Stolyarov, Ben Blanchard, Gabrielle Tétrault, Farber, Mike Collett, White, Kirsten Donovan Organizations: Reuters, Dell, HP, Acer, Russia, European Union, Acer Sales International SA, PC, IDC Russia, Nordic Star, Economy Ministry, Economic Affairs, Russia's Ministry of Industry, Trade, Thomson Locations: Taiwan, Russia, Ukraine, Acer's, Switzerland, Swiss, St . Petersburg, Japan, Bioggio, WhatsApp, Switzerland's, Tbilisi, Taipei, Geneva

Companies Dell Technologies Inc FollowJune 6 (Reuters) - Dell Technologies Inc's (DELL.N) Australian unit has been found guilty by the country's Federal Court to have misled customers about the prices or discounts on its add-on monitors on its website, Australia's competition regulator said on Tuesday. When customers chose to buy a personal computer, Dell Australia gave them an option to bundle a compatible monitor at a discounted, or a 'strikethrough' price, suggesting it would be cheaper to buy the monitor in a bundle rather than separately. Consumers paid more than A$2 million ($1.32 million) for add-on monitors between August 2019 and mid-December 2021, the regulator added. Dell Australia, which sold more than 5,300 add-on monitors with overstated discounts during the period, has refunded or agreed to offer compensation to more than 4,250 affected consumers, and has been ordered to offer full or partial refunds to affected customers. ($1 = 1.5122 Australian dollars)Reporting by Sameer Manekar in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: Sameer Manekar, Rashmi Organizations: Dell Technologies, Dell Australia, Australian Competition, Consumer Commission, Thomson Locations: Bengaluru

☆ Stocks making the biggest moves midday: Lululemon, SentinelOne, T-Mobile, MongoDB and more
▼ + stars: | 2023-06-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

MongoDB — Shares of the data developer rocketed 28% after the company forecast strong fiscal first-quarter earnings and boosted its full-year guidance. The company cited macroeconomic pressure as a contributor to slowing sales growth in a shareholder letter and cut its full-year revenue guidance. PagerDuty — Shares slumped 17.1% after the IT cloud company issued second-quarter revenue guidance that missed expectations. Samsara — The cloud company popped nearly 28% after reporting a smaller-than-expected first-quarter loss and lifting its full-year sales guidance. That's above the expected loss of 5 cents a share and $191.9 million in revenue, according to FactSet.

Persons: Lululemon, Amazon, MongoDB, Wall, SentinelOne, Dupont, Dupont de Nemours, Zscaler, Morgan Stanley, PagerDuty, StreetAccount, Dell, Ginkgo, Goldman Sachs, Goldman, Yun Li, Hakyung Kim, Brian Evans, Alex Harring Organizations: Wireless, Bloomberg News, Verizon, Mobile, Amazon, Dish, Broadcom —, Broadcom, Bank of America, Dupont de, DuPont, U.S . Water Systems, Stifel Locations: New York

☆ Dell's first-quarter results fall less than feared on cost cuts
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +1 min

The stock was halted after the company announced results during regular trading hours, earlier than its schedule for an after-market release. "We maintained pricing discipline, reduced operating expenses, and our supply chain continued to perform well after normalizing ahead of competitors," said Chuck Whitten, co-chief operating officer of Dell. Total operating expenses reduced 6% to $3.57 billion during the quarter. First-quarter revenue fell 20% to $20.92 billion, compared with analysts' expectations of $20.27 billion, according to Refinitiv data. Dell's client solutions unit - home to its consumer and enterprise PC business - posted a 23% fall in sales, while the infrastructure solutions unit, which includes servers, storage devices and networking hardware, saw an 18% decline.

Persons: Chuck Whitten, Dell, Tiyashi Datta, Mariam Sunny, Pratyush Thakur, Devika Organizations: Dell Technologies Inc, HP Inc, Lenovo Group, HK, Dell, Thomson Locations: Bengaluru

"We maintained pricing discipline, reduced operating expenses, and our supply chain continued to perform well after normalizing ahead of competitors," said Chuck Whitten, co-chief operating officer of Dell. Total operating expenses fell 6% to $3.57 billion during the first quarter. The company's revenue dropped 20% to $20.92 billion, but came in above analysts' expectations of $20.27 billion, according to Refinitiv data. Dell's client solutions unit - home to its consumer and enterprise PC business - posted a 23% fall in sales, while the infrastructure solutions unit, which includes servers, storage devices and networking hardware, saw an 18% decline. The Texas-based company expects second-quarter revenue to be between $20.2 billion and $21.2 billion, below expectations of $21.2 billion at midpoint.

Persons: Chuck Whitten, Dell, Tiyashi Datta, Mariam Sunny, Pratyush Thakur, Devika Organizations: Dell Technologies Inc, HP Inc, Lenovo Group, HK, Dell, Thomson Locations: Texas, Bengaluru

☆ The stock market's strong 2023 performance comes down to just 5 massive companies
▼ + stars: | 2023-06-01 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Anyway, this lopsided distribution is exactly what's showing up in the stock market right now. The S&P 500 has climbed about 9.2% this year, but just five stocks are powering most of that gain in an even more extreme rendition of the Pareto distribution. In previous streaks of strong outperformance of five months or more by supersized companies, he pointed out that the S&P 500 has averaged returns of 6.7% in the subsequent six months. "[P]utting mega caps aside, we found that narrow market breadth in general does not represent a bad omen for S&P 500 performance despite the contrary narrative being pushed by many investors," Belski added. What's your outlook for the rest of the stock market this year, not including mega-caps?

Persons: Phil Rosen, ChatGPT, Tim Cook, Jerod Harris, Brian Belski, Belski, Elon Musk, Jonathan Ernst, Redfin, Larry Pitkowsky, Bitcoin, Max Adams, Nathan Rennolds Organizations: Apple, Getty, Nvidia, Microsoft, BMO, Reuters, Dell Technologies, Broadcom, Bank of America Locations: Beijing, China, United States, New York, London

☆ HP misses revenue estimates as inflation saps PC demand
▼ + stars: | 2023-05-30 | by ( ) www.reuters.com time to read: +1 min

Global PC shipments declined nearly 30% in the January-March period to levels lower than before the pandemic, according to data from research firm IDC. Sales for HP's Personal Systems segment - home to its desktop and notebook PCs - dropped 29% in the reported quarter, while the company's printing segment recorded a 5% fall. HP said it expects second-half revenue to be higher than the first half, even though the year-on-year comparison will still be negative. California-based HP's second-quarter revenue was $12.91 billion. On an adjusted basis, HP earned 80 cents per share, compared with expectations of 76 cents.

Persons: Enrique Lores, Tiyashi Datta, Jeffery Dastin, Devika Organizations: HP Inc, Companies, HP, Lenovo, HK, Dell Technologies Inc, Global, IDC, Reuters, Thomson Locations: California, Bengaluru, Palo Alto

David Solomon has been Goldman Sachs' CEO for over four years since succeeding Lloyd Blankfein. There's been a lot of talk about the morale at Goldman Sachs. Solomon said there were fewer "partner transitions at Goldman Sachs" in 2022 than any year "going back to 2014." Meanwhile, Solomon's expensive foray into consumer banking raised the ire of some longtime Goldman partners, as Insider has previously reported. The fresh faces among the Goldman Sachs executives who took the stage at the bank's investor day highlight the leadership changes under Solomon.

Looking ahead, investors this week will be laser-focused on Washington, as Congress prepares to vote on a bill to raise the U.S. debt ceiling . But the shortened trading week ahead still features some key earnings and economic data. ET: S & P/Case Shiller home price index (March) 10 a.m. ET: Employment report: Non-farm payrolls and jobless rate (May) Looking back Last week, three Club holdings reported earnings. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ 3 ways TikTok comedy creators are making money as the app opens up new ways for comedians to build careers
▼ + stars: | 2023-05-19 | by ( Sydney Bradley | Shriya Bhattacharya | ) www.businessinsider.com time to read: +4 min

Comedy creators are using the app to collaborate with brands like Bud Light and Dell, for example. Here are three ways comedians on TikTok make money through the social-media platform. Here are three ways comedy creators make money, based on interviews with 20 entertainment and TikTok insiders, including a dozen comedians:1. Comedy creators are inking sponsorship deals with brandsThumb-stopping and "relatable," comedy creators are in high demand by brands, said Dani Jacobson, a talent agent at A3 Artists Agency. Jacobson said one of the comedy creators she represents is hoping to land a creative director role with a brand.

☆ Here are Friday's biggest analyst calls: Tesla, Netflix, Planet Fitness, Bloom, Wendy's, Dell & more
▼ + stars: | 2023-05-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs initiates SQM as sell Goldman said the Chilean chemical company is exposed to ongoing lithium price weakness. Cantor Fitzgerald initiates Intuitive Machines as buy Cantor said the space exploration company has a "first-mover" advantage. Credit Suisse upgrades TE Connectivity to outperform from neutral Credit Suisse said the consumer electronics company is an Inflation Reduction Act beneficiary. JPMorgan upgrades Bloom Energy to overweight from neutral JPMorgan said the selloff in the the energy company is "overdone." RBC initiates Planet Fitness as outperform RBC said it sees an attractive entry point for the gym stock.

☆ Terrifying video shows a charging e-scooter bursting into flames and engulfing a kitchen in fire in seconds
▼ + stars: | 2023-05-18 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +2 min

A video shows an e-scooter bursting into flames inside a home, rapidly engulfing a kitchen. The London Fire Brigade said the scooter was charging, and residents had to be re-homed afterwards. A terrifying video shows an e-scooter exploding while it was charging inside a home in London, England. The London Fire Brigade shared the CCTV footage on Thursday, calling it "frightening." —London Fire Brigade (@LondonFire) May 18, 2023The video shows the scooter propped up inside the kitchen of the home, and then exploding, rapidly engulfing the room in flames.

NEW DELHI, May 17 (Reuters) - India on Wednesday unveiled an expanded incentive scheme to attract big-ticket investments in IT hardware manufacturing, doubling the amount to $2 billion as it aims to spur domestic production of laptops and tablets. "It will create additional incentives for companies to set up their manufacturing base in India," India's deputy IT minister Rajeev Chandrasekhar said. These companies are expected to produce nearly $41 billion of IT products and create more than 75,000 jobs, the government said. The original incentive plan was announced in February 2021 with a $1 billion outlay. "We believe this scheme will help IT hardware sector to achieve the same level of success India had with smartphone manufacturing," said Ali Akhtar Jafri, Director General at MAIT.

☆ As comedy views surge on TikTok, comedians say the app has broken the traditional power balance and opened up 'so many more ways' to be working comedians
▼ + stars: | 2023-05-15 | by ( Shriya Bhattacharya | Sydney Bradley | ) www.businessinsider.com time to read: +12 min

Before TikTok, comedians often bet on auditions or personal connections to break into the industry. Today, with 417,000 followers, Rahma is carving out a new space for unscripted comedy on the app. Insider spoke with 20 entertainment and TikTok insiders, including a dozen comedians, about how TikTok has impacted the comedy industry. TikTok comedians are bypassing traditional industry gatekeepersComedian Kyle Gordon was "flailing" before TikTok. Five comedians said they felt traditional late-night shows and comedy TV were losing some of their cultural impact as TikTok encroaches.

☆ Comedians say TikTok has broken the power of traditional gatekeepers and brought greater control and financial stability to their careers
▼ + stars: | 2023-05-12 | by ( Shriya Bhattacharya | Sydney Bradley | ) www.businessinsider.com time to read: +12 min

☆ When is Cannes Film Festival 2023 and what can we expect?
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +3 min

[1/6] The 75th Cannes Film Festival - The Palme d'Or Award - Cannes, France, May 17, 2022. Below are some facts about the Cannes Film Festival and this year's contenders. WHAT IS THE CANNES FILM FESTIVAL AND WHY IS IT CELEBRATED? Cannes is the world's biggest film festival, first conceived in 1939 as an alternative to the then-fascist-influenced Venice Film Festival. Other awards include the Grand Prix, jury prize, best director, best actor, best actress, best screenplay and best short film.

CNN —A Swiss village has been ordered to evacuate amid warnings a large mass of rock looming overhead could come tumbling down in the coming days. Leaders in Brienz held a town hall event on Tuesday evening and told residents they would have to leave by 6 pm local time on Friday. Rebecca Dell, a researcher at the University of Cambridge warns that climate change is driving glacier melt in the Alps. If a slope becomes too unstable, events such as rockslides may occur,” she told CNN. The village, which houses under 100 residents, according to Swiss public broadcaster SRF, is located in Switzerland’s eastern canton of Graubünden.

☆ ‘Rip and Replace’: The Tech Cold War Is Upending Wireless Carriers
▼ + stars: | 2023-05-09 | by ( Cecilia Kang | ) www.nytimes.com time to read: +1 min

The Chinese and Western-made technology will operate simultaneously until Pine Belt can completely rid its cell towers of ZTE equipment. Pine Belt is about 15 percent into its transition away from Chinese equipment and is already $5 million over the F.C.C.’s budget, Mr. Nettles said. The tower will have to hold the old ZTE and new Nokia equipment during the rip-and-replace work to prevent any service interruptions. As Mr. Nettles parked near the tower, a customer in Selma called to complain that his cell service was cutting in and out. The customer was between one tower with ZTE equipment and another with Nokia equipment.

☆ Nothing Is Bigger Than Stephen Curry vs. LeBron James
▼ + stars: | 2023-05-06 | by ( Sopan Deb | ) www.nytimes.com time to read: +1 min

A playoff series headlined by Curry and James is the basketball equivalent of the Rolling Stones and the Beatles touring together. Or Muhammad Ali vs. Joe Frazier, except with a touch more gray and way more mutual respect. Or, in basketball terms, this is Magic Johnson vs. Larry Bird in the 1980s. James, at 38, and Curry, at 35, are nearing the end of careers that have revolutionized basketball, with no clear heirs to continue the progression. “I think the league is very healthy as far as star power, but who takes the lead in that role?”

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