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☆ Hyundai and Kia thefts trend reached New York City
▼ + stars: | 2023-03-30 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

CNN —Spikes in car thefts of certain Hyundai and Kia models, a trend that began in the American midwest and was spread by how-to videos on social media, has reached America’s biggest city. About 100 of these particularly vulnerable Hyundai and Kia vehicles were stolen in the month of December alone in New York City, according to New York City Police Commissioner Keechant Sewell. Joy rides on Tik TokThese models became the subject of a viral social media trend in which thieves filmed themselves and others stealing Hyundai and Kia vehicles and taking them for a drive. The New York thefts first began to be noticed in The Bronx, the commissioner said, but soon were also happening in other parts of the city. Hyundai and Kia operate as separate companies in the United States, but Hyundai Motor Group owns a large stake in Kia, and various Hyundai and Kia models share much of their engineering.

☆ Saudi Arabia has announced a new airline to bring in tourists as it tries to attract 100 million visitors to the kingdom by 2030
▼ + stars: | 2023-03-13 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

Saudi Arabia announced a new airline that will connect its capital city to over 100 destinations worldwide. On Sunday, Crown Prince Mohammed bin Salman announced Riyadh Air — a new national airline that will connect Saudi Arabia to over 100 destinations across the globe by 2030. But cultural clashes may deter tourists from entering Saudi Arabia's newly opened doors. However, some experts say travelers should look at the bigger picture before blacklisting Saudi Arabia as a leisure destination, and consider the opportunity as a learning experience. "Frankly, it would be hard to name a single destination with a clean record on the environment, animal welfare, and human rights."

☆ Death, Finances and How Many of Us Get Our Money Needs Wrong
▼ + stars: | 2023-02-10 | by ( Josh Zumbrun | ) www.wsj.com time to read: 1 min

Here are two numbers that people ought to know but often don’t: how many more years they are likely to live and the probability of living much, much longer. The good news is that many Americans live a lot longer than they expect. The bad news is that this often leads to financial regret as they realize, sometimes too late, they might have claimed Social Security too early, passed up the opportunity to buy annuities or long-term-care insurance, or simply undersaved for all those added years of retirement.

☆ You Might Live Longer Than You Think. Your Finances Might Not.
▼ + stars: | 2023-02-10 | by ( Josh Zumbrun | ) www.wsj.com time to read: 1 min

☆ From Disney to Target to Boeing, retirement is a thing of the past for CEOs
▼ + stars: | 2022-12-11 | by ( Bob Woods | ) www.cnbc.com time to read: +5 min

SUN VALLEY, ID - JULY 13: (L-R) Bob Iger, chairman and chief executive officer of The Walt Disney Company, Dick Costolo, former chief executive officer of Twitter, Lachlan Murdoch, co-chairman of Twenty-First Century Fox, Sundar Pichai, chief executive officer of Google, and Randall Stephenson, chief executive officer of AT&T, mingle during the annual Allen & Company Sun Valley Conference, July 13, 2018 in Sun Valley, Idaho. The average tenure for departing CEOs during that same time period was about 11 years, up from nine years in 2020. That's not surprising, because of the impact of the pandemic and [other] crises, where boards put CEO succession on hold," Anterasian said. "In our research, boards put CEO succession on hold during crises," Anterasian said. At Disney, Iger has said he will only stay on for two years before a successor takes over.

Two years later, Bautista and hundreds of thousands of other FTX customers are in limbo, shocked and unsure what happens next. FTX has paused customer withdrawals, and there’s growing doubt that customers will be able to recover any of their assets. “It’s lost at this point.”Bautista, 34, got the FTX itch thanks in part to flashy advertising. FTX, boosted by celebrities like NFL giant Tom Brady and pumped up by Silicon Valley bigwigs, struck Bautista as the most reliable crypto platform on the market. The firm has started the process of filing for Chapter 11 bankruptcy, Bankman-Fried has resigned — and Bautista lost access to his crypto portfolio.

☆ As Biden vows to 'protect' Social Security, here's what we know about the future of benefits
▼ + stars: | 2022-09-29 | by ( Lorie Konish | ) www.cnbc.com time to read: +6 min

"I want to save Social Security, Medicare and Veterans benefits." A spokeswoman for Scott pointed to a recent interview where he said his plan would help make sure people get their Social Security benefits. Specific plans from both parties are needed to secure the future of both Social Security and Medicare, she said. Due to high inflation, estimates show the Social Security cost-of-living adjustment is poised to be the highest in decades, according to The Senior Citizens League. One more month of consumer price index data will come in before the official bump for next year is announced by the Social Security Administration.

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