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☆ Hurricane Helene devastates Asheville's small beer breweries: 'It's quite heartbreaking.'
▼ + stars: | 2024-10-02 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

AdvertisementBrian Fetting and Dan Juhnke welded every chair and table for their business, New Origin Brewing in Asheville, North Carolina. Last week, Hurricane Helene stripped away nearly everything. New Origin Brewing is in one of the hardest hit cities by Hurricane Helene, despite its mountain location, 300 miles inland. Some of New Origin's brewing equipment, destroyed by Hurricane Helene. For most of the small breweries dotting the French Broad River and the Blue Ridge Mountains, the devastation from Hurricane Helene can't just be measured in dollars lost.

Persons: Helene, —, Brian Fetting, Dan Juhnke, Fetting, Hurricane Helene, he's, He's, Dan, Mike Semenec, Semenec, DSSOLVR, Harrison Fahrer —, Asheville —, Fahrer, Tim Kent, They're, Kent, Juhnke, Bryna Frosaker, Adam Charnack, Frosaker, Charnack Organizations: Service, Business, Brewery, Asheville Metro Area Breweries, North Carolina Beer & Wine, Juhnke Brewery Locations: North Carolina, Asheville , North Carolina, Hurricane, Gulf Coast and Georgia, Buncombe County, Asheville, Minnesota, North, Tampa, Durham, North Carolina's, Charnack

☆ Tim Walz took a dig at JD Vance's idea that grandparents should help out more with childcare: 'You can't expect the most important people in our lives to take in our children'
▼ + stars: | 2024-10-02 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Tim Walz said during the VP debate that help from family members should not be the solution to childcare. JD Vance previously suggested that grandparents help out more to solve the childcare crisis. Tim Walz took the debate stage in New York to discuss a range of topics, including healthcare, housing, and the economy. AdvertisementHis comments sparked criticism from grandparents and childcare workers who argued that relying on family members for childcare is not feasible. We should have a family care model that makes choice possible," he said.

Persons: Tim Walz, JD Vance, Vance, —, Sen, Walz, " Walz, Charlie Kirk, Taylor Van Kirk, Renne Bock, " Bock Organizations: Service, Gov, Business Locations: New York

☆ Are Alex and Tim from 'Love Is Blind' season 7 still together? Their shocking off-screen argument is a major cliffhanger
▼ + stars: | 2024-10-02 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

"Love Is Blind," one of Netflix's biggest reality series, is back for its seventh season. On a date in episode four, Tim gives Alex a bracelet that his oldest sister had given his middle sister with the inscription, "Love eternal, sis." You have a ring on your finger," Tim tells Alex. Only time will tell if Alex and Tim are able to make it past their issues. AdvertisementThe next episodes of "Love Is Blind" season seven will air on Wednesday, October 9 on Netflix.

Persons: Tim, —, somethings, Alex, he's, Tim don't, they're Organizations: Service, Netflix, US Locations: Washington, D.C, Japan, Brazil, Sweden, Mexico, United Kingdom

☆ 'A lot of money is going to get wasted': MIT economist sounds the alarm on AI hype
▼ + stars: | 2024-10-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

MIT economist warns AI infrastructure investments may not meet investor profit expectations. Only 5% of jobs are likely to be significantly impacted by AI in the next decade, according to the economist. That's according to MIT Economist Daron Acemoglu, who told Bloomberg in an interview that the hype surrounding AI may not meet its lofty expectations. The most optimistic scenario, according to Acemoglue, is that AI hype cools and some applications of the technology take hold. In such a scenario, investors and tech executives would become disenchanted with AI, leading to a "AI spring followed by AI winter."

Persons: MIT's Daron Acemoglu, —, Daron Acemoglu, Acemoglu, Acemoglue Organizations: Bloomberg, Service, MIT, Microsoft, Technology

☆ Parents are turning to a 'paid village' to handle childcare and cleaning. Costs range from $500 to $2,600 a month.
▼ + stars: | 2024-10-02 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

Despite that unpaid support, Johnson and her husband pay $2,600 a month for childcare and cleaning — the sort of paid village Johnson says is essential when both parents are working. Parents around the country are struggling to pay for childcare costs — which are often higher than a mortgage or rent. Here's what five other parents pay to create the village they need to survive. AdvertisementDay care for the two younger kids costs $650 every two weeks, or over $1,300 monthly. "I think there's a lot of unnecessary guilt and shame that can come up with having a 'paid' village,'" she said.

Persons: —, Amy Johnson, Johnson, Amy Baby, It's, Katie Nostrum, Jessica Lemmons, Lemmons, L'Oreal Thompson Payton, Thompson Payton, Miriam Udy, Oluese, she's Organizations: Service, Department of Labor, L'Oreal, San Francisco Bay Area Locations: Cleveland, North Dakota, Texas, Bryan , Texas, Chicago, Tennessee, San Francisco Bay, Knoxville , Tennessee, New York, They're

While dogs are a man's best friend, they do add risk to a household and present challenges when you shop for homeowners insurance if you've run into the dog breeds insurance blacklist. Here's how dog breeds can affect your homeowners insurance, including the specific types of aggressive dog breeds that might increase your premiums or limit coverage options. The Most Commonly Restricted Dog BreedsDog breeds insurance blacklist usually varies by carrier, but here are some of the most common dog breeds that homeowners insurance companies tend to restrict. Dog Breeds Banned by Homeowners Insurance FAQHow do I find out if my dog is on the dog breeds insurance blacklist? Yes, some homeowners insurance companies that don't restrict dog breeds include State Farm, Chubb, and USAA.

Persons: Deborah Turner, Turner, Doberman, Danes Chow Chows, Courtnye Jackson, Chubb, USAA —, Jackson, Jamela Adam, Read Organizations: Insurance, Dean Insurance Agency, underwriters, Bulls, Huskies Staffordshire Terriers, Pit Bulls, Rottweilers, Insurance Information Institute, Triple, American Society for, Prevention, American Property, Casualty Insurance Association, American Kennel Club, Forbes, . News, Mint Intuit Locations: New York , Nevada, Illinois

☆ I'm a telecommunications expert — here's how I think IoT can help prevent wildfires and save our forests
▼ + stars: | 2024-10-02 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +5 min

Carsten Brinkschulte, who founded Dryad Networks, built an IoT network to detect wildfires. He's motivated by the impact of his work and urges founders and engineers to move to green tech. The first was how to detect fires. To solve for this, we developed our own solar-powered mesh gateway that could connect to sensors via an IoT network and relay information back to a cloud platform. The Silvanet mesh gateway connects sensors to an IoT network.

Persons: Carsten Brinkschulte, they've Organizations: Dryad Networks, Service, Dryad

☆ What screams 'status' on Wall Street? Here's how the movers and shakers of finance are spending their money.
▼ + stars: | 2024-10-02 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

That said, everyone seemed to agree that the days of logo-forward purchases and other conspicuous signs of wealth are over — even on Wall Street. The industry's movers and shakers are still into name brands but are leaning into those that exude "quiet luxury." And where there are celebrities and influencers, there tend to be Wall Street dealmakers. It's not surprising that high-earners on Wall Street would have second homes (or, in many cases, multiple). The HamptonsThe beach towns of the Hamptons have long been a Wall Street favorite thanks to their proximity to Manhattan.

Persons: —, Ken Griffin, David Solomon, Goldman Sachs, Stephen Schwartzman, Blackstone, Jessica Cadmus, Cadmus, Marie Kondo —, I've, I'd, Zegna, Tom Ford, Claudio Lavenia, Van, Cartier, Jeremy Moeller, Hermes, Gucci, Jeremy Strong, Armani, Max Mara, Celine, Bottega, It's, it's, Sean Zanni, Wall Streeters Organizations: Service, Goldman, JPMorgan, Business, Paris Olympics, Bloomberg, Citadel, Anadolu, Getty, Wall Street, Street, BI, Wall, HBO, Hamptons Locations: Queens, New York, New York City, Africa, Costa Rica, Bottega Veneta, Manhattan, Montauk, Nantucket, Cape Cod, East Hampton , NY, Hudson

☆ Millions of Americans could lose out on more than $700 in healthcare benefits if Congress doesn't keep these tax credits
▼ + stars: | 2024-10-02 | by ( John Towfighi | ) www.businessinsider.com time to read: +7 min

When buying healthcare coverage through the ACA marketplace, people can qualify for premium tax credits, which aim to make health insurance payments more affordable. According to KFF, these enhanced subsidies or premium tax credits caused a surge in enrollment in the ACA marketplace. AdvertisementThe election could shape the future of enhanced premium tax creditsThe November election could determine the future of the enhanced subsidies. The Congressional Budget Office estimates that the premium tax credits will cost taxpayers $335 billion over the next 10 years. Do you qualify for enhanced premium tax credits Please reach out at jtowfighi@businessinsider.com.

Persons: KFF, —, Kamala Harris, Donald Trump, Cynthia Cox, Sen, Jeanne Shaheen, Tammy Baldwin, Lauren Underwood, We've, Cox, Claire Heyison, CBPP, Harris, that's Organizations: Service, Affordable, American, Senate, Cox, ACA, Budget, Trump, Republican, Congressional, Reuters Locations: enrollees, KFF . Florida, Texas, Georgia, North Carolina, Washington

☆ Are Hannah and Nick from 'Love Is Blind' season 7 still together? The couple had a tense time in Mexico
▼ + stars: | 2024-10-02 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Hannah and Nick are one couple who make it out of the pods to the group vacation in Mexico. AdvertisementWarning: Spoilers ahead through episode six of "Love Is Blind" season seven. While Hannah continues to date Nick and Leo, Nick tells her that he loves her first, and she reciprocates. AdvertisementHannah and Nick still follow each other on InstagramRight now, it's unclear if Hannah and Nick are still together. The next episodes of "Love Is Blind" season seven will air on Wednesday, October 9 on Netflix.

Persons: Hannah, Nick, —, they're, Leo, Hannah rebuffing, Nick doesn't, TikTok, didn't Organizations: Service, Netflix Locations: Washington, D.C, Mexico, Japan

☆ Gen Z's New Side Hustle: Getting Rich As Airbnb Super Hosts
▼ + stars: | 2024-10-02 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +11 min

Arbitrage hosts like Anderson take to TikTok, YouTube, and Instagram to offer advice and promote paid courses on how to start and build your own short-term-rental empire. A 25-year-old TikToker with the handle @airbbnbmastery101 titled one video "How to quit your job in 2024 and get rich." There's no way to know for sure how popular Airbnb arbitrage is. Related storiesBut Airbnb arbitrage, in theory, isn't illegal; it depends on local laws governing how short-term-rental properties are licensed. DeRose says that he regrets working in short-term-rental arbitrage and that "it's very clearly hurting" the housing market.

Persons: Hailie Anderson, factly, Anderson, —, Donald Trump, Dave Ramsey, Trump, Inayah McMillan, — tycoons, TikTok, she's, Airbnb, Jamie Lane, Alfred, They're, there's, Lane, Konrad Bicher, Wolf, Bicher, Tom DeRose, It's, it's Organizations: YouTube, HGTV, Target Locations: Austin, Salt Lake City, Nashville, Florida, New York, Cities, Barcelona, Europe, Asia

☆ The East and Gulf Coast ports strike could be a no-win situation for the Biden administration
▼ + stars: | 2024-10-02 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

President Biden said on Tuesday that his administration will be "monitoring for any price gouging activity" that benefits foreign ocean carriers, including those on the USMX board. He also said "foreign ocean carriers have made record profits since the pandemic, when Longshoremen put themselves at risk to keep ports open." UBS forecast that 20% of Maersk's total volume would touch a U.S. port that would be impacted by the strike. Acting Secretary Julie Su lashed out at the idea that labor wage increases would be passed onto U.S. exporters and importers. I know they understand, just as consumers and American workers understand, that foreign companies who profit from our economy and who employ American workers and have an impact on American consumers should do the right thing, and in that battle, we are always going to stand with American workers, American businesses and American consumers."

Persons: Biden, Longshoremen, majeure, Daggett, Harold Daggett, Lars Jenson, Pete Buttigieg, Julie Su, Taft, Hartley, Buttigieg, Larry Lindsey, Su, Peter Friedmann, I've, nonfarm, Helene, switchers, they're, Jim Bianco, CNBC's, Peter Boockvar, Alan Baer, Steve Lamar, Taft Hartley, Lamar, CNBC's Jeff Cox Organizations: CMA, U.S, United States Maritime Alliance, Vespucci, Federal Reserve, Transportation, Labor, International Longshoremen's Association, UBS, Maersk, Federal Maritime Commission, ILA, Boeing, The Lindsey Group, Agriculture Transportation Coalition, Bianco Research, Bleakley Financial, USA, American Apparel and Footwear Association, Biden Administration, — Locations: East, Gulf Coast, U.S, autoworkers

☆ Google tells employees it won't follow Amazon's strict RTO policy — as long as they stay productive
▼ + stars: | 2024-10-02 | by ( Hugh Langley | ) www.businessinsider.com time to read: +4 min

Google leaders tried to assuage fears that it will follow Amazon's new strict RTO mandate. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It also raised concern among employees at some of Amazon's more hybrid-friendly rivals, including Google, where staff are expected in the office just three days a week. 'Google chases the industry'Despite leadership's comments, some employees still fear they will eventually be called back to the office full time. During the most recent all-hands, Pichai noted that some employees, such as some of Google's hardware teams, are back four days a week.

Persons: Sundar Pichai, —, assuaging, John Casey, they're, Pichai, Casey, Dell, Kirk Van Houten Organizations: Service, Google, Amazon, Microsoft Locations: Nature

☆ Even if prices have stopped rising, that doesn't mean they're coming back down, says Jim Cramer
▼ + stars: | 2024-10-02 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEven if prices have stopped rising, that doesn't mean they're coming back down, says Jim Cramer'Mad Money' host Jim Cramer looks at how consumer behavior and attitudes have changed due to inflation.

Persons: Jim Cramer

☆ It's common for actors to get aroused while filming sex scenes, and it can put an entire production on hold
▼ + stars: | 2024-10-01 | by ( Kirstie Renae | ) www.businessinsider.com time to read: +3 min

David Thackeray, an intimacy coordinator, explained how arousal is handled behind the scenes. Though an actor's arousal during sex scenes can put a production on hold, it's normal and expected. Arousal while filming sex scenes is normal — and there's protocol for dealing with itA scene from "Sex Education." NetflixThackeray explained that arousal is very normal when filming sex scenes, telling BI that actors "are going through the physical and the mind, so yeah, it happens." Related storiesWhen this happens, it's the job of an intimacy coordinator to honor the actors' needs and normalize what they're experiencing.

Persons: David Thackeray, —, Netflix Thackeray, Thackeray, that's Organizations: Service, Netflix, Warner Bros, Apple TV, HBO

☆ What does work wellbeing have to do with business success? Everything, pretty much.
▼ + stars: | 2024-10-01 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

Indeed's new Work Wellbeing 100 demonstrates that companies with higher work wellbeing collectively outperform stock market benchmarks. Here's a quick overview of the Work Wellbeing 100 index, along with new data that shows the current state of wellbeing at work — plus strategies for what your company can do to improve its Work Wellbeing Score. Building upon this massive dataset — the world's largest study of work wellbeing — Indeed has collaborated with the University of Oxford to create The Work Wellbeing 100, an index of the top 100 publicly traded companies ranked by the Work Wellbeing Score. As detailed in Indeed's first-ever Global Work Wellbeing Report, only 22% of respondents say they're thriving at work, even though the benefits of work wellbeing are more apparent than ever. Discover your company's Work Wellbeing Score and explore strategies and resources from Lead with Indeed to enhance your wellbeing initiatives.

Persons: We've, —, Here's, Russell, Emmanuel De Neve, hasn't, LaFawn Davis, Davis Organizations: Delta Air Lines, Accenture, NIKE, University of Oxford, Nasdaq, Research, Insider Studios Locations: Oxford, Canada

☆ Consumers have crowned Wawa the nation's No. 1 convenience store chain
▼ + stars: | 2024-10-01 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

The popular Philadelphia chain topped the American Consumer Satisfaction Index's first ever convenience store study, which ranked Americans' favorite spots to refill their gas tanks and their stomachs. The most popular convenience stores, the study found, are the ones that have focused on making food — and making it well — as consumers focus more on the in-store experience when deciding where to fill up. "The companies that are ultimately going to succeed are the ones that offer the most satisfying experience to consumers," he says. "The ones that keep consumers coming in and even going out of their way to visit those locations." Use code EARLYBIRD for an introductory discount of 30% off, now extended through September 30, 2024, for the back-to-school season.

Persons: Wawa's, Forrest Morgeson, Murphy USA, Morgeson Organizations: CNBC, Casey's, Cumberland Locations: Philadelphia, Wawa

☆ The dockworkers' strike is a test for Biden — and complicates an already dizzying 2024 presidential race
▼ + stars: | 2024-10-01 | by ( Juliana Kaplan | John L. Dorman | ) www.businessinsider.com time to read: +8 min

But the strike could pose several issues for Vice President Harris in her presidential campaign. AdvertisementThere's a labor storm a-brewing off the East Coast — but don't expect to see President Joe Biden stepping in anytime soon. MATTHEW HATCHER/AFP via Getty ImagesThe strike throws another wrench into the 2024 raceThe strike has the potential to further upend what has already been a dizzying presidential race. Vice President Kamala Harris is now carrying the banner of the Biden administration's pro-union policies as the Democratic presidential nominee. But Harris' union ties are not as deep as those enjoyed by Biden.

Persons: Joe Biden, Harris, —, dockworkers, it's, Biden, Taft, George W, Bush, Hartley, Cathy Creighton, Creighton, Hamilton Nolan, Nolan, USMX, Hurricane Helene, Independent Sen, Bernie Sanders of, Kamala Harris, Donald Trump, MATTHEW HATCHER, Trump, they're Organizations: Service, Gulf Coasts, International Longshoremen's Association, US Maritime Alliance, Workers, Cornell University's Industrial, Labor Relations Buffalo Co, Labor, ILA, —, Independent, Getty, Biden, Democratic, Teamsters, Trump, AFL, United Auto Workers, United Steelworkers, Republicans, Republican Party Locations: East Coast, Gulf of Mexico, East, West Coast, Taft, Hurricane, Bernie Sanders of Vermont, Michigan , Nevada, Pennsylvania

☆ I'm a Microsoft manager. AI saves me time on some tasks, but that doesn't mean I work any less.
▼ + stars: | 2024-10-01 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

A 37-year-old manager at Microsoft says AI has changed his workflow. I still have a full workloadWhile AI has definitely helped with skipping mundane tasks, that's not exactly what my team's work is focused on. Whatever time I'm getting back from leveraging AI, I'm using it for some other work. Once the developers start writing code for these projects and do the actual work, that's where we leverage AI. So that's why developers are using AI wherever they can to reduce their time, but they are using any time saved for other tasks or other features.

Persons: —, Santhosh Reddy, ChatGPT, I've, It's, I'm, it's Organizations: Microsoft, Service, Google Locations: OpenAI

☆ The future of Obamacare hangs on a few seats in Congress. Here's what could happen next
▼ + stars: | 2024-10-01 | by ( Annie Nova | ) www.cnbc.com time to read: +7 min

"I'm not running to terminate the ACA," former President Donald Trump wrote in a Truth Social post in March. That is, unless he could "come up with a plan that's going to cost our people, our population, less money and be better health care than Obamacare." Around 60% of Americans hold a favorable opinion of the 2010 health care law, a recent KFF poll found. The Harris campaign released a report on Monday that paints a dire picture of health care under a hypothetical Trump administration. The average ACA plan deductible, or amount a person must spend before their coverage kicks in, was over $3,000 in 2024, with some plan deductibles exceeding $7,000, KFF found.

Persons: Charles Schumer, Hakeem Jeffries, Chip Somodevilla, Donald Trump, Trump, Barack Obama's, Cynthia Cox, Cox, they'll, Harris, it's, Joseph Costello, " Costello, Joe Raedle, Deductibles, KFF, Sabrina Corlette, Georgetown University's, Mark Duggan, Wayne, Jodi Cooperman, they're Organizations: Affordable, U.S, Capitol, Senate, Obamacare, American, ACA, Cox, Leading Insurance Agency, Democratic, Center, Health, Georgetown, Georgetown University's McCourt School of Public, Stanford University, Republicans, Congressional, Office, KFF Locations: Washington ,, KFF, Miami , Florida, Texas , Wyoming, Florida

☆ Mastercard to buy Swedish startup that makes it easier to manage and cancel subscription plans
▼ + stars: | 2024-10-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

BARCELONA, SPAIN - MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. (Photo by Joan Cros Garcia/Corbis via Getty Images)Mastercard said Tuesday that it's agreed to acquire Minna Technologies, a software firm that makes it easier for consumers to manage their subscriptions. Minna Technologies, which is based in Gothenburg, Sweden, develops technology that helps consumers manage subscriptions within their banking apps and websites, regardless of which payment method they used for their subscriptions. The company said it works with some of the world's largest financial institutions in the world today. Consumers today often have tons of subscriptions to manage across multiple services such as Netflix, Amazon and Disney Plus.

Persons: Joan Cros Garcia, Corbis, it's, Minna Organizations: MasterCard, Mobile, Congress, Getty Images, Mastercard, Minna Technologies, Visa, Netflix, Disney Plus Locations: BARCELONA, SPAIN, Barcelona, Spain, Gothenburg, Sweden

☆ How to see Comet A3, which could be the best comet in a decade. Neanderthals walked the Earth last time it flew by.
▼ + stars: | 2024-10-01 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +8 min

Comet A3, or Comet Tsuchinshan-ATLAS, is visible in the Northern Hemisphere this October. Comet Tsuchinshan-ATLAS, or Comet A3, is a dusty ball of ice from the Oort Cloud that takes about 80,000 years to orbit the sun. Sergei Grits/AP PhotoAstronomers are divided about whether Comet A3 will shine as bright as Comet NEOWISE. When and where to see Comet A3Weather permitting, everyone in the Northern Hemisphere should be able to see Comet A3 in October. After this, Comet A3 won't return for tens of thousands of years.

Persons: —, Comet, Dan Bartlett, Teddy Kareta, Kareta, Sergei Grits, NEOWISE, Robert Massey, — Bartlett, Comet Holmes, Preston Dyches, that's, you've, Massey Organizations: Service, Lowell Observatory, Night Magazine, Royal Astronomical Society, Sierra, Massey, NASA Locations: Northern, Belarus, Mono Lake , California, that's

☆ PayPal CEO's first year was praised by Wall Street, but hard part starts now for struggling payments company
▼ + stars: | 2024-10-01 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +12 min

Analysts across Wall Street saw rising competition and a declining take rate, or the percentage of revenue PayPal keeps from each transaction. Fast forward to today, and the picture is dramatically brighter for the 26-year-old Silicon Valley company and its 47-year-old CEO. Analysts are projecting roughly 6% revenue growth when PayPal reports third-quarter results in about a month, according to LSEG. Venture capitalist Oren Zeev has seen Chriss work with small businesses in another capacity. "He obviously brought a lot to the table with his vast experience with small businesses," Zeev said.

Persons: Alex Chriss, CNBC's David Faber, hadn't, Chriss, downgrades, Dan Dolev, Dolev, Susquehanna's James Friedman, he's, Friedman, Dan Schulman, Dana Stalder, He's, PayPal didn't, Isabel Cruz, Michelle Gill, Diego Scotti, Jamie Miller, Stalder, we've, Faber, Susquehanna's Friedman, That's, Will Ferrell, Ferrell, Fleetwood, hasn't, Sanjay Sakhrani, Sakhrani, SMBs, Oren Zeev, Zeev Organizations: PayPal Inc, PayPal, New York Stock Exchange, Mizuho Securities, CNBC, Apple Pay, Nasdaq, Meta, Matrix Partners, Intuit, Walmart, Verizon, Starbucks, Ticketmaster, Apple, Google, Shopify, Venture Locations: Wall, Braintree, EY, Venmo, U.S

☆ How major retailers Amazon, Best Buy, Costco, Home Depot prepared for the port strike
▼ + stars: | 2024-10-01 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Club holdings Amazon , Costco , Home Depot , and Best Buy have been preparing for the port strike for months — attempting to blunt any fallout it might have on their abilities to get goods from overseas. They added that 60% to 70% of those imports arrive at East Coast and Gulf Coast ports. To put things in perspective, for retail goods, the East Coast ports are less utilized than the West Coast ports, Basham said. Due to its size, however, Best Buy often gets priority from its shippers, which could help secure goods faster than smaller competitors. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Walkouts, We're, Jeff Marks, Seth Basham, Basham, Lorraine Hutchinson, Bank of America Merrill Lynch, it's, They're, Ron Vachris, We've, Marc Wulfraat, Wulfraat, Wedbush's Basham, Jim Cramer's, Jim Cramer, Jim, Maher, Shannon Stapleton Organizations: Longshoremen's Association, United States Maritime Alliance, U.S, Costco, Home, CNBC, Barclays, Retailers, Bank of America, International Longshoremen's Association Locations: East Coast, Gulf, Maine, Texas, Gulf Coast, East, West Coast, Elizabeth , New Jersey, U.S

☆ A Cure for Doomscrolling: Shaming Your Friends
▼ + stars: | 2024-10-01 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +9 min

For The New York Times' games app, it filled me with ire; I can't do a Sunday crossword in 10-minute increments. One downloaded it, restricted TikTok, and then texted me: "I'm currently scrolling on TikTok and plan to all day. Royce Branning, a cofounder of Clearspace, says the company started testing the friends feature after hearing that users were taking screenshots of their Clearspace screen tracking and sharing it with one another. I'm not sure where my friends spent all their screen time, but being on a phone doesn't inherently ruin your life. Maybe logging in to an app like Clearspace with friends, family, and romantic partners could help people police each other.

Persons: we've, Y Combinator, I'd, Clearspace, David McCullough, Erling Kagge, Royce Branning, Branning, I'm, Eric, Adams, Jason Nagata, Nagata, —, you'd Organizations: Facebook, New York Times, New York City, University of California, American Academy of Pediatrics Locations: New York, San Francisco

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