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But now it appears that some luxury brands have forgotten that aim. Dukas/Getty ImagesRay of Buttermilk said that some luxury brands have been hesitant to explore collaborations as a means of engaging Gen Z consumers because they fear losing their luxury allure. The future is vintageLuxury players might be kicking themselves for alienating Gen Z consumers, but Gen Zers never forgot about luxury. But secondhand's success isn't bad news for primary luxury brands, Escribano said. Bar certain luxury products like Hermès Birkins handbags, secondhand luxury is by and large cheaper and retains a level of exclusivity, she said.
Persons: Bain, Louis Vuitton, Z, Gen Z, There's, Claudia D'Arpizio, Blanca Zugaza Escribano, Gen, D'Arpizio, LVMH, Prada, Sabrina Carpenter, Marleen Moise, Getty, Jamie Ray, Escribano, Gen Z's, Thomaï, They've, Gen Zers, Z's Organizations: Louis, Prada, Bain & Company, Industry, Bain, Business, NYU's Stern School, Gen Locations: Hermès
After college, he got a job at a Big 4 consulting firm, but his childhood dream was to make manga. He found success on platforms like Webtoon and ultimately quit his finance job to write full time. WEBTOONI published my first novel when I was 17I started working on writing my first novel when I was 14. I convinced my parents that my webcomic career was sustainableI finally quit my finance job in May 2021. They see everything I'm doing and my passion.
Persons: Brandon Chen, I'm, WEBTOON, , I'd, COVID, Tezuka, it's, Kentaro Miura Organizations: Productions, Big, New York Comic Con, NYU, KPMG, Webtoon Locations: New York City, Instagram, Japan
AdvertisementI'm a private chef, and Trader Joe's is my go-to store for buying unique yet versatile ingredients. To avoid waste, I prioritize buying items that can be used in several dishes. Some of my favorites items include Trader Joe's orzo and Green Goddess seasoning blend. As a private chef, I prepare a variety of meals each week for my clients. This allows me to make the most of my clients' grocery budgets and avoid food waste.
Persons: Joe's
AdvertisementRandy McCabe left Google, and now he has earned over $1 million in five years on Fiverr. This as-told-to essay is based on a conversation with Randy McCabe, a 36-year-old freelancer, digital marketing agency owner, and former Google employee from Seattle. I found a new job, then I gradually started taking freelance digital marketing gigs on the side and later created my digital marketing agency. AdvertisementWorking for companies stressed me outAfter Google, I joined the cybersecurity startup Skybox Security as a digital marketing manager. One of the toughest challenges in transitioning from corporate to freelance work was the uncertainty of not having a guaranteed monthly paycheck.
Persons: Randy McCabe, McCabe, It's, I've, Fiverr, I'd, COVID, I'm, Tess Martinelli Organizations: Google, Fiverr, Agency, Big Tech Locations: Seattle, Skybox, tmartinelli
That's sure to result in increased volatility for the companies in our portfolio exposed to China, the world's second-largest economy. Consumer-dependent stocks Apple and Starbucks may be the most at risk given they are more discretionary versus the aforementioned names. At the Club, Jim has bestowed his "own it, don't trade it" designation on only those two stocks, Apple and Nvidia. AAPL YTD mountain Apple YTD Furthermore, while China growth may be tempered, Apple is aggressively looking to grow its presence in India — both on the consumer side and product manufacturing side of its business. Bottom line The risks for companies that do business in China have certainly increased following Trump's presidential election win.
Persons: Donald Trump, Jim Cramer, Joe Biden, Jensen Huang, Leonardo da Vinci, Lisa Su, Su, Tim Cook, Trump, Jim, China —, Brian Niccol, Niccol, we're, Jim Cramer's, Xi Jinping, Kevin Lemarque Organizations: Devices, Nvidia, GE Healthcare, Apple, AMD, Trump, Club, Bloomberg, U.S, Starbucks, Yum Brands, China, Taco Bell, Chipotle, Jim Cramer's Charitable, CNBC Locations: we're, China, U.S, India, Vietnam, Osaka, Japan
DOGE hasn't answered questions about pay, or whether you need an X account to apply. AdvertisementMusk didn't respond to an email from BI, and the DOGE account didn't respond to a direct message. Representatives for Vivek Ramaswamy, who incoming President Trump tapped to co-lead DOGE alongside Musk, also didn't respond to a request for comment. DOGE's post on X asks prospective applicants to send their resumes via direct message to its X account. Still, a job seeker would need to have an X account — even if just a free one — to send a direct message to DOGE.
Persons: Musk, hasn't, Elon Musk, , didn't, Brian Hughes, Trump, Vivek Ramaswamy Organizations: Elon Musk's Department, Government, Department of Government, Trump, — Department, DMs, BI
Inside Microsoft's struggles with Copilot
  + stars: | 2024-11-15 | by ( Ashley Stewart | ) www.businessinsider.com   time to read: +23 min
In September 2023, Microsoft's famously soft-spoken CEO, Satya Nadella, unveiled the company's flagship AI product, Copilot, with sweeping fanfare. Some of Microsoft's own employees and executives are privately concerned that Copilot won't be able to deliver on its ambitions. Copilot's struggles have created an opening for Microsoft's rivals, some of whom have seized on the opportunity to promote their own agendas. "Now, when Joe Blow logs into an account and kicks off Copilot, they can see everything," said one Microsoft employee familiar with customer complaints. As complaints and questions over Copilot mount, so does the pressure to justify Microsoft's unprecedented level of spending on AI.
Persons: Microsoft's, Satya Nadella, Gartner, Copilot, it'll, Copilot's, Marc Benioff, Benioff, Goldman Sachs, Marc Andreessen, Andreessen Horowitz, Ethan Miller, Jared Spataro, Spataro, , Joe Blow, Joe, Nadella, Gary Marcus, Marcus, Wile, Coyote, Brontë, Judson Althoff, Jason Zander, Zander, We've, OpenAI, Tasos Katopodis, Steve Jobs Organizations: Microsoft, Venture, Getty, Goldman, BI, Fortune, Excel, Lumen Technologies, Honeywell, Gartner, Wall Street, Initiative, Department of Homeland Security, Employees, San Francisco, Software, Apple, Jobs Locations: Microsoft's, Copilot, New York City
Inside the Quest to Make Fusion Energy a Reality
  + stars: | 2024-11-15 | by ( Raymond Zhong | ) www.nytimes.com   time to read: +15 min
The Quest to Build a Star on Earth Start-ups say we’re closer than ever to near-limitless, zero-carbon energy from fusion. Today’s fusion start-ups aren’t just preparing for this moment in the lab. Such advances helped the Lawrence Livermore National Laboratory produce more fusion energy than the energy in the incoming laser beams, for the briefest of moments, in 2022. They also helped European researchers generate record amounts of fusion energy at a facility in Britain last year. What worries researchers is how much some fusion start-ups are promising, and how soon.
Persons: General Atomics, Lawrence, , Charles Darwin’s, Lord Kelvin, Darwin, Arthur Eddington, Nicolas Tucat, Bill Gates, Jeff Bezos, Vinod Khosla, Sam Altman, Kitty, presale, Gerald Navratil, Navratil, , it’s, , Robert Goldston, you’ve, David James Bartho, Simon Simard, Tony Stark, Robert Downey Jr, Stark, Bob Mumgaard, Mumgaard, Brandon Sorbom, Sorbom, “ We’re, Dr, Earl Marmar, Thea Energy, Salvador Dalí, Cary Forest, Grant Hindsley, Richard Magee, “ It’s, Jean Paul Allain, there’s, Steven Cowley, Cowley, ” David Gates, you’d, Gates, ” Thea, Thea, Eos Organizations: Nuclear Fusion Facility, Lawrence Livermore National Laboratory, Agence France, Princeton University, University of Sydney, Underwood Archives, Getty, Fairfax Media, Commonwealth Fusion Systems, SPARC, The New York Times, ARC, Commonwealth, The New York, Dawn Princeton Plasma Physics, tokamaks, That’s, Massachusetts Institute of Technology, Energy, Thea, Zap Energy, Helion, Microsoft, General Fusion, West, Technologies, Department of, Princeton Plasma Physics Locations: France, Columbia, Princeton, Harwell , England, Britain, Massachusetts, Russian, Commonwealth, Seattle, Vancouver, Southern California
But products from Trader Joe’s have become so popular with international tourists that even a major Asian airport is getting involved. “I think that Trader Joe’s is like the Disneyland of American grocery stores,” she says. John Blackmer/MediaNews Group/Orange County Register/Getty ImagesThe first Trader Joe’s opened in Pasadena, part of Los Angeles county, in 1967. According to a 2024 study by Morning Consult, 25% of frequent Trader Joe’s shoppers belong to a household that makes over $100,000 annually. Jeff Greenberg/Universal Images Group/Getty ImagesWhile some American chain stores rely on sameness to satisfy customers, Trader Joe’s has leaned in the other direction.
Persons: CNN —, Joe’s, Julie Averbach, , Joe Coulombe, John Blackmer, Joe —, ” That’s, Jeff Greenberg, Expedia, Peruvian Maria Silva, ” Silva, Averbach, , Joe Raedle, Jose’s, backtrack, TJ’s, Silva Organizations: CNN, Incheon, MediaNews, Orange, Register, Morning, Miami, Universal, Peruvian, eBay, US Locations: South Korea, United States, California, Huntington Beach , California, Pasadena, Los Angeles, Seattle, San Francisco, North Carolina, New York, China
This is the view from the Argo Wilis Panoramic, a bright and airy carriage on the Argo Wilis train. The Argo Wilis Panoramic carriage sits idle in Surabaya Gubeng Station. “For example, the Argo Wilis is named after a non-active volcano in East Java,” explains a railway guard. As well as the Argo Wilis Panoramic, there is also the Argo Parahyangan Panoramic and the Pangandaran Panoramic running back and forth between Jakarta and Bandung. If you’re traveling west on the Argo Wilis Panoramic, it’s worth exploring Bandung, where the train terminates.
Persons: Josh Edwards, KAI, , Argo, Yogyakarta Josh Edwards, There’s, It’s, Siripong, Parahu, Ismail Rajo, Organizations: CNN, Argo, Solo, KAI, UNESCO, Heritage, Locations: Surabaya, East Java, Bandung, West Java, Southeast Asia, Indonesia, Java, Surabaya Gubeng, Sumatra, Sulawesi, Jakarta, Yogyakarta, Borobudur, Asia, Indonesia’s, Central Java, Surakarta, Pasar, Sukuh, Mt Lawu, Nature, Ismail, Paris, ” Bandung, British
A work-life balance is a priority for many. But it may be more beneficial to balance energy and find personal "golden hours" for productivity. AdvertisementThe pursuit of a work-life balance is at the heart of so many workplace conversations. "I don't think work-life balance exists," Dilan Gomih, the founder and CEO of the workplace performance and wellness consultancy Dilagence, told Business Insider. However, provided work doesn't overtake all of your personal time, there may be some wisdom in rethinking the definition of work-life balance.
Persons: , Zers, Jeff Bezos, Bezos, Veronica West, there's, Gomih, Breese Annable, Annable, West Organizations: Service, Vox's
AdvertisementElon Musk wants you to help root out government waste — but only if you're really smart and willing to work 80 hours a week. Musk, who's standing up the Department of Government Efficiency — or DOGE, named after a cryptocurrency he's linked to — is looking for the top 1% of people interested in joining. We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting. We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting. Since his early days at Tesla, Musk has pushed the company's staff to work "super hardcore" — a management style he mirrored at Twitter, now X, after taking over the platform in 2022.
Persons: it'll, Musk, , Elon Musk, Vivek, Vivek Ramaswamy, Trump, Ramaswamy, Volodymyr Zelenskyy, Recep Tayyip Erdoğan, Vance, Brian Hughes Organizations: Elon Musk's Department, Government, Service, Department of Government, Elon, — Department, Trump, Twitter Locations: Turkish
I bought a house in Cork, Ireland, but I still live in the US for part of the year. My Irish husband lives in the house full time, and I go back and forth between Atlanta and Cork. It's a bit complicated, but I'm glad I have time to figure out all the logistics of moving abroad. AdvertisementYears ago, I had a dream (yes, really) telling me to head to West Cork, Ireland. I've had to be really, really particular about which pieces and belongings I want to take to Ireland because shipping things overseas isn't cheap.
Persons: , who've, — who's, I'm, it's, I've, Julia Skinner Organizations: Service, Western Locations: Cork, Ireland, Atlanta, It's, West Cork, Dunnes, Western Europe, East Coast
Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. This time around, Trump's tariff proposals on Chinese imports could help Amazon in its competition against low-price online sellers Temu and Shein. Salesforce : Not a Trump stock, but it wasn't a Kamala Harris stock either. Constellation Brands : The Mexican beer importer has been punished on fears about what Trump's tariff and immigration proposals could do to its business. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Jim, Donald Trump's, Trump's, Abbott, Trump, Hock Tan, Tan, We'll, it's pricier, Morgan Stanley, Wells, Kamala Harris, Agentforce, That's, Biden, Dover, Eaton's, Elon, Waymo, JD Vance, we've, Linde, that's, Eli Lilly, Robert F, Kennedy Jr, Kennedy, Lilly, Mark Zuckerberg, Zuckerberg, Goldman Sachs, shouldn't, Nextracker, Brian Niccol, Niccol, Stanley Black, Decker, TJ Maxx, Wells Fargo, Jim Cramer Organizations: Jim Cramer's Charitable Trust, CNBC, Abbott Laboratories, Abbott Labs, White, Biden, AMD, Trump, Wednesday, Broadcom, VMWare, BlackRock, Costco, Coterra Energy, Coterra, DuPont, Disney, GE Healthcare, GE Aerospace, Google, Honeywell, Elliott Investment Management, Linde, Microsoft, Big Tech, Apple, Meta, Financial Times, Nvidia, Palo Alto Networks, Yum Brands, Taco Bell, Constellation Brands, Management, TJX, Marshalls, Jim Cramer's Charitable Locations: China, India, Missouri, Wells Fargo, BlackRock, Shanghai, Dover, U.S, Palo, HomeGoods
AdvertisementLately, creative workers are increasingly chasing their Hollywood dreams in production hubs far from Hollywood. FilmLA, which issues permits for production in the region, found that Greater Los Angeles' share of US-produced TV and film projects declined from 23% in 2021 to 18% last year. Brin said Lexington had attracted 30 film and TV projects so far this year, representing more than $2 million in local spending. Actually being on a set is only one part of entertainment production. While the power of Los Angeles is dispersing, no single "new Hollywood" is coming to take its place.
Persons: Joe Gallegos Jr, he'd, Bailee Madison, Lukasiak, Pat Boone, Gallegos, JJ Abrams, HBO Max —, he's, It's, Patrick Adler, Taner Osman, couldn't, Tiffany FitzHenry, Lisa Brin, Brin, Noah Hawley, Maddy Bilder, Yorgos, Guy, Ryan Gosling, Emily Blunt, Tyler Mitchell, I've, Bilder, Adler, Otis, FitzHenry, hasn't, Keisha Perry, Cedric, I'm, She's, Lucia Moses Organizations: Netflix, HBO, of Labor Statistics, Westwood Economics, Planning Associates, Dallas, Miami, Hollywood, Bureau of Labor Statistics, Marvel, Otis, Creative, Lex Studios, Austin, Austin Film Society, Southwest, Sony, Universal Pictures, Ampere, Technology, ScreenIt, LA, Westwood, Gallegos, Business Insider's Media Locations: New Mexico, Los Angeles, Albuquerque, La La, Hollywood ., America, California, Atlanta, Hollywood, LA, Georgia, Kentucky, Lexington, New York, Ireland, Budapest, South Africa, Hungary, Australia, North America, Saudi Arabia, Miami
Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ambitious with prices on bags and shoes, the loss-making luxury brand said in a revamp that sent its shares up sharply. “We took pricing too high across the board,” Schulman told investors and analysts, setting out his assessment of what went wrong at Burberry. Pricing strategy shiftSchulman told reporters Burberry would add more lower-priced “entry-level” products to its range as part of a pricing shift. But he said Burberry’s positioning would remain in luxury and there were no plans to make it an “accessible” luxury brand. Leather goods and shoes underperformed in the first half, Burberry said, while outerwear did better than average.
Persons: Joshua Schulman, , ” Schulman, Burberry, Cara Delevingne, Little Simz, Olivia Colman, Schulman, Michael Kors, Daniel Lee, outerwear, Italy’s Moncler Organizations: Burberry Locations: China, outerwear, Bottega
Piglet’s Big Game, released as a tie-in with the Disney film “Piglet’s BIG Adventure,” follows the beloved character as he enters the dreams of his “Winnie the Pooh” friends. At some point in the game, Piglet realizes that his friends have all fallen asleep and he must then enter their dreams to complete tasks and help them wake up. Piglet’s Big Game was released on the GameCube, PlayStation 2, GameBoy Advanced, Mac and PC, but each iteration varies in gameplay. Many gamers who saw the viral videos drew comparison to popular horror games they play regularly. Disney Games also did not immediately respond to a request for comment regarding the recent interest in Piglet’s Big Game.
Persons: Piglet, Winnie, , Roo, X, who’s, Mateusz, Piglet’s, ” Lenart Organizations: Disney, Google, eBay, PlayStation, Disney Games, Gotham Games
Amid a presidential loss and hand-wringing over the wreckage, congressional gains for Democrats in New York state are one of the small bright spots shining out from the party’s bleak results. The Democratic Party lost five competitive House races in this blue state two years ago — the exact margin by which they lost the House majority. One key ingredient isn’t available everywhere: Democrats redrew the state political maps early this year, though that move gave some Democrats heartburn at the time. In the aftermath of 2022, three top New York Democrats — Gov. Internal polling from the House GOP campaign arm across the seven competitive House districts showed Harris trailing Biden’s margins – and even giving Trump an edge.
Persons: Kamala Harris underperformed, Joe Biden, heartburn, Hochul, Harris, Josh Riley, It’s, they’re, Biden, ” Riley, “ We’ve, ” It’s, Kathy Hochul, Sen, Kirsten Gillibrand, Hakeem Jeffries —, Coke, Syracuse University —, , , , you’d, aren’t Organizations: Democratic Party, redrew, Democratic, , NBC, Congressional, Democrats, New York Democrats — Gov, NBC News, Syracuse University, Pepsi, Republicans, Republican, stoke, GOP, Trump Locations: New York, Riley’s, , York, Wisconsin, New York City
Annalisa Pawlosky, an AI scientist, moved her family to Switzerland in 2020 for a new role at Google. Pawlosky is the primary breadwinner for her family and handles the mental load of her household. Family dynamics are also more traditional in Switzerland, which took some getting used to. AdvertisementThis as-told-to essay is based on a conversation with Annalisa Pawlosky, a 40-year-old AI research scientist at Google in Zurich. While I was at Stanford, Google asked me to start the Google Accelerated Science biochemistry and molecular biology laboratory.
Persons: Annalisa Pawlosky, , Google, Francisco, weren't, didn't, I've, doesn't, It's, There's, it's, We'd, Lauryn Haas Organizations: Google, Service, MIT, Stanford, lhaas Locations: Switzerland, Zurich, London, Dublin, Paris, Europe, Asia, Africa
My best friend and I both named our daughters Annika. AdvertisementI met my best friend back in 2005 when I ran a Seattle-based indie music website, and she played in my favorite band. A shared bond on the other side of the worldIt's hard to live 6,000 miles away from one of your best friends. AdvertisementBut Saundrah's daughter is tall, has an incredible sense of direction, and wakes up at 5:30 a.m. every day to get homework done. Saundrah's daughter is an extrovert, and mine is an introvert.
Persons: Annika, , Saundrah, Leo, we'd, Nika, Nico Organizations: Service Locations: Seattle, Europe
Jane Lu with her parents. Courtesy of Jane Lu. Quitting her corporate job in secretAs Lu realized that she loved running a business, she also began feeling very unhappy in her corporate role. Revealing the secretOver the span of the first two years building Showpo, Lu kept it a secret that she had quit her corporate finance job. "I remember us having half a million dollars sitting in stock, and I was like: 'Okay, worst case scenario, I can sell all of this and start another business,'" Lu said.
Persons: Jane Lu, Lu, Lu didn't, couldn't, Young —, Fat, Jane, I've, I'm, Showpo's, Boye, Showpo, they've Organizations: Showpo, CNBC, KPMG, Ernst Locations: Australia, China, Sydney
In Rob Sheffield's new book about Taylor Swift, he recounts a story about her meeting LeAnn Rimes. AdvertisementThroughout her career, Taylor Swift has credited many fellow musicians as vital influences, from Joni Mitchell and Stevie Nicks to Kenny Chesney and, of course, Tim McGraw. But perched quietly atop that star-studded list is LeAnn Rimes. LeAnn Rimes performs on August 6, 2016 in London, England. AdvertisementOr, as Sheffield puts it, "LeAnn Rimes created a goddamn monster."
Persons: Rob Sheffield's, Taylor Swift, LeAnn Rimes, Swift, Rimes, , Joni Mitchell, Stevie Nicks, Kenny Chesney, Tim McGraw, Rolling, Rob Sheffield, — Swift, Rimes superfan, Tim Ellis, Bill Mack, Taylor, Jo Hale, I've, hasn't, Sheffield, Kevin Mazur, Smokey Robinson, who've, Swift's Organizations: Service, NFL, New York Times, Sheffield, MySpace, Poets Department, Forbes Locations: Tennessee, West Reading , Pennsylvania, London, England, Mere, Vienna
Apple Music has released a $450 coffee table book of its top 100 albums list. AdvertisementApple has turned its top 100 albums list into a coffee table book, and it's selling a limited batch for $450 each. When Apple Music released its ranking of the best albums of all time in May, it sparked debate among music fans. According to the site, the estimated shipping date for the new Apple Music book is January. This department includes subscription-based services like Apple Music, and its sales have boomed in recent quarters.
Persons: Apple, Assouline, , Zane Lowe, Lowe, Roger Federer, Barbie, Jony Organizations: Apple, Service, Apple Music, Assouline, Business, eBay, Apple's Services Locations: New York, California
CNN —White sand beaches, Atlantic Ocean views and a whole lot of skin — this is the 2025 Pirelli Calendar. For the latest edition, New York-based photographer Ethan James Green turns his lens on Hunter Schafer, John Boyega and Simone Ashley, along with model and illustrator Connie Fleming, artist Martine Gutierrez and model Jenny Shimizu, among others. Ethan James GreenModel and actor Hoyeon Jung struck a delicate pose in a flowing sheer outfit. Ethan James GreenIn the calendar, Green pulls double duty as a model, too, making it the third time a calendar photographer has appeared in the cast. Ethan James GreenCollaboration was key to the 2025 calendar, Green said.
Persons: , Naomi Campbell, Cindy Crawford, Kate Moss, Terence Donovan, Richard Avedon, Herb Ritts, Ethan James Green, Hunter Schafer, John Boyega, Simone Ashley, Connie Fleming, Martine Gutierrez, Jenny Shimizu, Hoyeon Jung, Robert Freeman, Jane Lumb, Sonny Drane, “ There’s, ” Green, Fleming, Gutierrez, Schafer, Green, , Vincent Cassel, “ You’d, “ I’ve Organizations: CNN, Cal, Ethan James Green Model, Vogue, Teen Vogue, Goodman, Virginia Beach Park, Pirelli Locations: New York, Miami, British, Majorca, Spain, American, Virginia Beach
But today, as a college professor and writer, I know that's not necessarily true. School comes naturally to me, which is why I became a college professor. My job as a college professor required a Ph.D., but I also make a living as a writer. He's already on the way to a writing career; a picture book we cowrote will be released in May 2025. As a college professor, I know a degree doesn't have to be a part of that.
Persons: I'm, , he'll, College, I've, Parker, dreading, He's, That's, shouldn't, one's, there's Organizations: College isn't, Service, Citadel
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