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☆ Harvard Business School professor says this is the No. 1 'misconception about failing'
▼ + stars: | 2024-10-30 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

"It's gonna sound weird, but success for me was failing," she told CNBC Make It. But why failing can lead to better future outcomes is generally misunderstood, says Amy Edmondson, a professor at Harvard Business School and author of "Right Kind of Wrong: The Science of Failing Well." "There's one really important misconception about failing, which is that failure and mistake are the same thing," she says. If you're pursuing a new hobby or switching into a different role at work, know that failure is likely ahead. A productive failure meets four criteria, Edmondson says.

Persons: Jeff Bezos —, Gabby Douglas, Amy Edmondson, Edmondson Organizations: CNBC, Harvard Business School

☆ Reddit's bet on AI is starting to pay off
▼ + stars: | 2024-10-30 | by ( Huileng Tan | Aditi Bharade | ) www.businessinsider.com time to read: +4 min

The company saw a 68% revenue increase and a 47% rise in daily active visitors in Q3. Reddit's third-quarter revenue soared 68% to $348.4 million from a year ago, comfortably beating analysts' expectations of $312.8 million. This positive net increase was consistent with its second-quarter results, during which the platform saw a 51% increase in daily active users globally. Elon Musk's X reported 1.6% growth in daily active users in 2024's second quarter, per the FT. The daily active users on all of Meta's platforms combined, which include Facebook, Instagram, and Threads, increased by 7%, according to its second-quarter earnings report.

Persons: —, Steve Huffman, Huffman, Reddit, AMAs, Elon Musk's, Jefferies, RDDT Organizations: Service, Analysts, Global, Elon, Facebook, New York Stock Exchange Locations: Spanish

☆ Former Apple exec felt 'incredibly insecure' switching industries—her No. 1 piece of advice for gaining confidence in a new job
▼ + stars: | 2024-10-29 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

In 2016, she became a member of the Apple executive team as senior vice president of retail and online stores. The jump wasn't the most comfortable, Ahrendts said at World Business Forum in New York City. But then Ahrendts had a realization: she wasn't hired to know more or even as much as other employees. Ahrendts was hired to bring something new to Apple, something others at the company couldn't provide. "It's your job to connect, it's your job to enable.

Persons: Angela Ahrendts, Ahrendts, wasn't Organizations: Apple, World Business Locations: New York City

☆ 2 major airline CEOs have issued a clear message to Boeing in the past week: Do better
▼ + stars: | 2024-10-29 | by ( Kelsey Vlamis | Aditi Bharade | ) www.businessinsider.com time to read: +4 min

The CEOs of Southwest Airlines and American Airlines both want Boeing to deliver planes on time. "Boeing has been a great partner for the whole 53 years of Southwest Airlines, but we need Boeing to be strong. Southwest's fleet consists of 228 Boeing 737 Max 8s, 381 Boeing 737-800s, and 207 Boeing 737-700s, according to aviation website FlightRadar24. Southwest reported earlier this year that it expected to receive around 20 Boeing 737 Max 8. The manufacturer announced on Monday that it is offering 90 million common shares and about $5 billion worth of depositary shares for sale.

Persons: —, Bob Jordan, Robert Isom, Jordan, it's, Isom, they're, We've, he's, Kelly Ortberg, Goldman Sachs, JPMorgan Chase Organizations: Southwest Airlines, American Airlines, Boeing, Service, Southwest, Yahoo Finance, Max, CNBC, Alaska Airlines, SEC, Bank of America, Citibank, JPMorgan, Business

☆ These are the telltale signs of a fake Hermès Birkin, according to a vintage luxury expert with 20 years of experience
▼ + stars: | 2024-10-29 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

A vintage expert with 20 years of experience says there are telltale signs to spot a fake Hermès Birkin. Here's what to look out for when picking out a vintage Birkin. I've learned strategies that help me identify specific things about luxury bags, from their model to configuration, just by looking at a piece. Here are tips on detecting if the vintage Birkin you're eyeing is authentic. Edward Berthelot/Getty ImagesIf you have a Hermès Birkin, you will know that the way the leather is treated gives it an almost perfumed smell.

Persons: Birkin, —, Koyaana Redstar, Louis Vuitton, Chanel, I've, Kelly, Hermès, Counterfeiters, Hermès Birkin, Dario Cantatore, they've, That's, Birkin suede, Edward Berthelot Organizations: telltale, Service, Luxe, eBay, Rebag Locations: Los Angeles, New York, Hermès

☆ Rihanna's Fenty Beauty is about to release a $250 makeup kit in collab with one of Netflix's biggest animated hits
▼ + stars: | 2024-10-28 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Fenty Beauty is releasing a collaboration with Netflix's hit animated series "Arcane." "Fenty Beauty x Arcane: The Legends Vault" is schedule for release on November 2 and is priced at $250. AdvertisementRihanna's Fenty Beauty is making a big bet on nerdworld, collaborating with Netflix's "Arcane" for its new "Fenty Beauty x Arcane: The Legends Vault" collection. According to Fenty Beauty's website, the collaboration vault is meant to showcase how "glam + animation collide." Representatives for Netflix, Riot Games, and Fenty Beauty didn't respond to requests for comment from Business Insider, sent outside business hours.

Persons: Netflix's, —, Fenty, Mel, Riche, I've, Arcane, Priscilla Ono, Ono, Kiahna Manker, Roblox, Rihanna, Lush, It's, Vox, greenlighting Organizations: Service, Riot, League of, Products, Games, Netflix, of, Korean, Adidas, London's O2 Arena, BiliBili, Video, Riot Games, Business Locations: Paris, Wembley

☆ Boeing is looking for a $19 billion boost
▼ + stars: | 2024-10-28 | by ( Aditi Bharade | Pete Syme | ) www.businessinsider.com time to read: +3 min

Boeing is looking to raise nearly $19 billion to combat its lack of cash. It comes after Boeing reported a net loss of $6.1 billion in the third quarter. AdvertisementBoeing needs cash, and it's trying to raise almost $19 billion as the company looks to boost its liquidity. The planemaker announced Monday that it is offering 90 million common shares and about $5 billion of depositary shares for sale. Last Wednesday, Boeing reported a net loss of $6.1 billion in its third-quarter earnings.

Persons: —, Goldman Sachs, Max, Dave Calhoun, Ron Epstein Organizations: Boeing, Alaska Airlines, Service, planemaker, Bank of America, Citibank, JPMorgan Chase, Alaska Airlines Boeing

The Israeli military said the strikes, which have now concluded, were in retaliation for Iran’s ballistic missile barrages on Israel earlier this month and in April. The Israeli military said it struck manufacturing sites used to produce missiles that Iran has fired at Israel over the past year. “The Israel Defense Forces completed precise and targeted strikes against military targets in a number of areas in Iran. Our planes have safely returned home,” an Israeli military statement said. “This should be the end of this direct exchange of fire between Israel and Iran,” a senior US administration official said after the strikes.

Persons: ”, ” IRNA Organizations: Israel Defense Forces, Islamic Republic News Agency Locations: Iran, Israel, United States, Yemen, Gaza, Tehran, Ilam, Khuzestan

☆ Use this 4-point checklist to fail productively: Mistakes can teach you 'what the path looks like,' HBS professor says
▼ + stars: | 2024-10-26 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

Before Jeff Bezos molded Amazon into the world's most profitable online shopping platform, he launched zShops. Formerly called Amazon Auctions, the program allowed third-party sellers to list their products on Amazon. These efforts did, however, lead to the development of Amazon Marketplace, which houses 2.5 million third-party sellers. But not just any kind of failure — productive failure. A productive failure "taught you something about what the path looks like by saying, 'Hey, guess what?

Persons: Jeff Bezos, Bezos, Amy Edmondson, Edmondson Organizations: Amazon, Harvard Business School Locations: zShops

When I went down, they put me inside a tank and began interrogating me about my statements and contact with the media,” Abu Safiya recounted. Israeli forces cut off the hospital’s electricity and solar power supply and prevented staff from accessing the water well, he said. Two children on ventilators died after the Israeli military blew up the hospital’s oxygen supply, Abu Safiya said. Three members of the hospital’s nursing staff were injured by sniper fire with facial, neck and chest injuries. “The situation is extremely tragic and terrifying, and the bombing is continuous,” Abu Safiya said,.

Persons: Kamal Adwan, Hussam Abu Safiya, ” Abu Safiya, Abu Safiya, ”, ventilators, Tedros Adhanom Ghebreyesus Organizations: Kamal Adwan Hospital, CNN, Gaza Ministry of Health, United Nations, World Health Organization, WHO Locations: Gaza

☆ Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
▼ + stars: | 2024-10-25 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

A judge has granted a preliminary injunction to halt the merger between Tapestry and Capri Holdings. Following the ruling, on Thursday, Capri's stock plunged 45% in after-hours trading. AdvertisementVersace's parent company, Capri Holdings, suffered a steep loss in after-hours trading on Thursday after a federal judge blocked its proposed merger with Tapestry, the parent of fashion brands Kate Spade and Coach. Following the court order, Capri's stock was down 45% in after-hours trading on Thursday. AdvertisementRepresentatives of the FTC, Capri Holdings, and Tapestry didn't respond to a request for comment from Business Insider sent outside business hours.

Persons: Versace, —, Kate Spade, Jennifer Rochon, Rochon, Capri, Capri's Versace, Jimmy Choo, Michael Kors, Stuart Weitzman, Henry Liu Organizations: Capri Holdings, Service, of, Federal Trade, FTC, Appeals, Capri, Tapestry's, Competition, New York Times, Business Insider Locations: Southern, of New York, agency's

☆ Things aren't looking great at Gucci, and Kering says its Asia Pacific slump is to blame
▼ + stars: | 2024-10-24 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Gucci had a challenging third quarter partly due to its Asia Pacific slump, per Kering's latest earnings call. AdvertisementGucci just had a bad quarter, and Kering is attributing the lackluster performance to a slump in its Asia Pacific market. According to a third-quarter revenue infographic by Kering, sales in the Asia Pacific region were down 38% compared to the previous year. According to Kering, Gucci saw a 7% increase in sales in Japan in the third quarter compared to the start of 2024. AdvertisementApart from Gucci, Kering's other brand, Yves Saint Laurent, also suffered a loss.

Persons: Gucci, It's, —, Henri Pinault, James Grzinic, LVMH, Kering, Amrita Banta, Yves Saint Laurent, Stefano Cantino, Cantino Organizations: Service, Gucci, RBC, Reuters, mojo, Jefferies, Research, Strategy, Business Insider Locations: Asia, China, Asia Pacific, Japan, Europe

Vice President Kamala Harris and former President Donald Trump. Town hall test: The CNN town hall in Delaware County outside Philadelphia comes at a critical point in the presidential race with 13 days until Election Day, more than 20 million votes already cast and Harris locked in an exceedingly close race with her Republican rival. The event falls on the same night as a proposed CNN debate between the two candidates that Harris accepted but Trump turned down. Sounding the alarm: The vice president is not alone in sounding the alarm about the potential danger of a second Trump presidency. Harris participated in a pair of television interviews Tuesday, a day after holding separate campaign events in each of the Blue Wall states.

Persons: Kamala Harris, Donald Trump, Harris, Trump, John Kelly, Kelly, ”, Adolf Hitler’s, Tim Walz, “ Organizations: Getty, CNN, Republican, GOP, Trump, Homeland Security, New York Times, Marine, Democratic Locations: Georgia, Zebulon, Duluth, Delaware County, Philadelphia, Atlantic, Nazi, Wisconsin, Florida, Doral

☆ Andrew Garfield and Elmo teach an 'extremely important' lesson on grieving and loss in viral video, psychologist says
▼ + stars: | 2024-10-21 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

Andrew Garfield and Sesame Street's Elmo recently tackled an emotion rarely discussed in children's programming: grief. In the clip, Garfield discusses missing his late mother, who died of pancreatic cancer in 2019. "She passed away not too long ago, and you know, I just miss her," he tells Elmo. When the Muppet offers his condolences, Garfield reassures him that feeling upset or grieving someone is OK. "That sadness is kind of a gift," Garfield says. "Both at the beginning and at the end there is such an emphasis on listening," Cormier says.

Persons: Andrew Garfield, Sesame, Elmo, Garfield, Sherry Cormier, Cormier

Several Palestinians in Gaza told CNN they do not believe the killing of Hamas leader Yahya Sinwar will put an end to the war. Gazan Abu Mohammad told CNN he felt Sinwar was a “symbol of the Palestinian people.” He told CNN he wanted Israel to stop the war, but had his doubts that it would. “You must end the war since the man has been killed,” he said. Abu Ahmad described Sinwar as “resisting for the liberation of his homeland.”Mahmoud Jneid: “Al-Sinwar was a target. I wish Israel would assassinate me.

Persons: Yahya Sinwar, Gazan Abu Mohammad, Sinwar, ”, Abu Ahmad, ” Mahmoud Jneid, “, Israel, ” Samad, “ Sinwar, ” Mumen Khalili, Netanyahu Organizations: CNN Locations: Gaza, Israel

☆ Use this perfect 3-word response when someone hurts your feelings
▼ + stars: | 2024-10-18 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

No matter which way I went, my first step was always met with: "You never know where you're going." Despite being close friends, I couldn't bring myself to tell her that the jab made me feel incompetent. "And sometimes when people feel shame they do buy into the notion that they are flawed in some way." "Hurt feelings [can] elicit aggression, but I think hidden in there is this sense of being rejected and being found wanting," Tangney says. Even though having your feelings hurt is a universal experience, telling someone that what they said upset you can feel singularly embarrassing, says Judy Ho, a neuropsychologist and professor at Pepperdine University.

Persons: Tangney, that's, Judy Ho, Ho Organizations: George Mason University, Pepperdine University

☆ 3 major hurricanes in the last 13 months did billions of dollars of damage to Florida's farmlands — and that was before Milton
▼ + stars: | 2024-10-18 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Hurricane Milton's estimated damage to Florida's agriculture could go up to $2.5 billion. That's according to estimates from the Florida Department of Agriculture and Consumer Services. AdvertisementHurricane Milton singlehandedly wrecked as much havoc on Florida's agriculture as three other major hurricanes combined, according to new estimates from the state's agriculture department. The commodities affected by hurricane damage include animal products, citrus and non-citrus fruit farming, field crops, greenhouses, and vegetable farming, per the damage assessment. Representatives of Florida's Department of Agriculture didn't respond to a request for comment from Business Insider, sent outside business hours.

Persons: Idalia, Debby, —, Milton, — Helene, Wilton Simpson, Tom Vilsack, Simpson, Hurricane Milton, Hurricane Helene, Helene Organizations: Florida Department of Agriculture, Consumer Services, Hurricanes, Service, Milton, US Department of Agriculture, Department of, Agricultural Statistics Service, National Agricultural Statistics Service, Fitch, Hurricane, Analytics, Moody's Analytics, Florida's Department, Agriculture, Business Locations: Milton, Florida, Florida's

☆ NASA is planning to give the beleaguered Boeing Starliner another shot at space — in late 2025
▼ + stars: | 2024-10-17 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

NASA is planning to give the Boeing Starliner another chance. The agency has scheduled two SpaceX launches — Crew-10 and Crew-11 — for 2025. AdvertisementNASA has released the schedule for its commercial launches in 2025, and the Boeing Starliner is slated to get another chance at spaceflight. Advertisement"Meanwhile, NASA is keeping options on the table for how best to achieve system certification, including windows of opportunity for a potential Starliner flight in 2025," it added. The duo are scheduled to return via the SpaceX Crew Dragon in February 2025.

Persons: Starliner, —, Anne McClain, Nichole Ayers, Russia's Roscosmos, Butch Wilmore, Suni Williams, Williams, Elon Musk, NASA didn't Organizations: NASA, Boeing, SpaceX, —, Service, Japan Aerospace Exploration Agency, International, Station, Starliner, Federal Aviation Administration, FAA, Business Locations: New Mexico

☆ Chick-fil-A is cooking up a $75 million plan for chicken domination in Asia — starting with Singapore
▼ + stars: | 2024-10-17 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

The fast-food chain said it plans to invest $75 million in Singapore over 10 years. AdvertisementChick-fil-A has announced plans for a restaurant in Asia, set to open in Singapore in late 2025. In a press release on Thursday, the fast-food chain said the restaurant's opening is part of a 10-year-long, $75 million investment into Singapore. The brand is also accepting Singaporean applications to be the island's "first independent Chick-fil-A franchise Owner-Operator." And the average Chick-fil-A franchise made $9.4 million in sales that year.

Persons: Tim Hortons, —, Anita Costello, Chick Organizations: Singapore —, Shake, Service, Business, Airport, Channel News Asia Locations: Singapore, Asia, Europe, Singapore's, Jewel

☆ A pro-Trump PAC has received millions in crypto donations since June
▼ + stars: | 2024-10-16 | by ( Aditi Bharade | Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

A pro-Trump PAC has raised more than $7.5 million in cryptocurrency donations since June. Trump 47 PAC raised the amount in bitcoin, ether, USDC, and other cryptocurrencies, per FEC filings. AdvertisementA political action committee called Trump 47 has raised $7.5 million in cryptocurrency donations for former President Donald Trump's White House bid. According to Federal Election Commission filings on Tuesday, the Trump 47 PAC received donations in bitcoin, ether, XRP, and other cryptocurrencies. But in May, Trump hosted an event in Mar-a-Lago, where he said he would accept cryptocurrency donations for his campaign.

Persons: —, Donald Trump's, Cameron, Tyler Winklevoss, Trump, I've, cryptocurrency, bitcoin, he'll, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Elon Musk, Kamala Harris, Mark Cuban, Cuban Organizations: Trump PAC, Trump, PAC, Service, Federal, Records, Liberty, AFP, Fox Business, United, FEC, America, America PAC — Locations: United States, Mar, Nashville

☆ Couples in successful relationships always use these 6 phrases: 'You'll grow stronger both individually and as a unit,' therapist says
▼ + stars: | 2024-10-16 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +3 min

But therapists have found that couples who clearly express their appreciation and empathy for one another have longer lasting unions. "If you and your partner regularly use these phrases, it's a sign that you're already a mentally strong couple," she says. "And if you don't yet, you can start implementing them and find that you'll grow stronger both individually and as a unit." Here are six phrases successful couples use, according to relationships therapists. Saying, "It's understandable you feel that way," can be reassuring and show you have empathy, Morin says.

Persons: Amy Morin, " Morin, John, Julie Gottman, Morin, I've Organizations: CNBC

☆ A boba business storm is brewing, and a 'Shang-Chi' star is in the middle of it
▼ + stars: | 2024-10-15 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

"Shang-Chi" star Simu Liu called out two boba tea entrepreneurs who appeared on an episode of "Dragons' Den." They were promoting their new drink, which they said was healthier than regular boba tea. AdvertisementSimu Liu is in the middle of a brewing business feud over a popular Asian drink. When asked if he liked the drink, Liu, who joined the show as a panelist in its 19th season, said, "I thought it was fine." The global boba tea industry — or bubble tea as it is known in Asia — is estimated to be worth billions.

Persons: Liu, —, Chi, Sébastien Fiset, Jess Frenette, Manjit Minhas, there's, Fiset, Bobba, Winniedapoo, boba, Instagram, Frenette, Liu's, it's, Bob Chapek Organizations: Service, Québec, NBC, Ventures, LinkedIn, American Pacific, CBC Gem, Allied Market Research, Business Locations: Markham, Canada, Taiwan, Bobba, Asia —

☆ A bar is the worst place to meet a potential mate—and 4 more tips for dating successfully
▼ + stars: | 2024-10-15 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +3 min

Dim lighting and flowing libations make a bar feel like the perfect, low-pressure environment to meet a potential partner. Rarely, though, is this the optimal venue at which to form lasting connections, Grace Lee, a New York City-based dating coach and founder of A Good First Date, told CNBC Make It. Here are four more tips from Lee and other dating coaches on how to foster meaningful connections. And it's actually smart to discuss values early on, Kelsey Wonderlin, a dating coach based in Nashville, Tennessee, told CNBC Make It. "On a first date that would be a socially unacceptable question to ask," Wonderlin says.

Persons: Grace Lee, You'll, Lee, Blaine Anderson, Blaine, Anderson, I'd, Kelsey Wonderlin, Wonderlin Organizations: CNBC Locations: New York City, Austin , Texas, Nashville , Tennessee

☆ Parents who do these 5 things raise kids who are more resilient than most: 'Let them learn from failure,' pediatrician says
▼ + stars: | 2024-10-13 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +3 min

There is one quality parents can foster that might help kids surmount any social, emotional, or mental challenge: resiliency. Resilient kids are better able to regulate their emotions, bounce back from failure, and forgive themselves for making mistakes. Parents who raise the most resilient kids don't eliminate stressors. Here are five things parents with resilient kids do:1. "A parent's job is to protect their kids and let them learn from failure," he says.

Persons: Ken Ginsburg, Taryn Marie Stejskal, Stejskal, Scott Mautz Organizations: Children's Hospital of Philadelphia, Institute, CNBC, Procter & Gamble

More than 500 people were rescued from an apartment complex in a non-evacuation zone in Clearwater overnight after Milton brought major flooding to the city, its mayor told CNN. “These people weren’t expecting this, but the rain came down so hard, so fast that it completely flooded this apartment complex,” he said. The next challenge will be finding shelter for the residents who are displaced from the complex, the mayor said. “We feel like we’ve had one major hurricane in two separate events. If you put it all together, it’s really, really tough for our entire community,” Rector said.

Persons: Milton, Clearwater Mayor Bruce Rector, “, ”, Rector, we’ve, it’s Organizations: CNN, Clearwater Mayor Locations: Clearwater

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