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☆ A millennial who quit her corporate job to work for herself explains the 2-part strategy she used to 'supercharge' her side hustle and turn it into full-time income
▼ + stars: | 2024-03-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

All I do know is that the way I am making money at the moment isn't bringing me happiness." "It was like an escape from my day job, a creative outlet for me." Maintain your day job and use a portion of your income to invest in your side hustleRelated storiesShah believes in maintaining your day job for as long as possible while simultaneously building your side hustle or business. "I couldn't have done that if I didn't have my day job. The way she sees it, the longer you can maintain your day job, the more money you'll have to grow your side hustle to a point where it eventually overtakes your day job income.

Persons: Nischa Shah, She'd, Shah, I've, she'd, It's, she's, it's, Shah didn't Organizations: Business, YouTube, Investment Locations: London

☆ Nongfu Spring: Bottled water empire of China’s richest man Zhong Shanshan is facing a boycott by nationalists
▼ + stars: | 2024-03-13 | by ( Laura He | ) edition.cnn.com time to read: +7 min

Zhong and his drinks firm Nongfu Spring, the country’s biggest maker of bottled water, are the latest targets of an army of internet zealots. WeiboThe nationalists have also highlighted the fact that prominent US investment funds, including Vanguard and BlackRock, are major shareholders of Nongfu Spring. “Taking advantage of Mr Zong’s death, a lot of slander against me and Nongfu Spring appeared on the internet. “Whether Wahaha or Nongfu Spring, we always insist on the same thing — producing good products for the people,” he said. Nongfu Spring is just the latest major target of China’s nationalists.

Persons: Hong Kong CNN — Zhong Shanshan, Zhong, Zong Qinghou, Zong, Zhong’s, —, “ Zhong Shuzi, ”, “, He’s, Mr Zong’s, ” Zhong, influencers, netizens, “ Zong, Wei Jiang, Mo Yan, Mao Zedong, Stringer, Li Ning Organizations: Hong Kong CNN, Wahaha, Danone, Weibo, ”, Vanguard, BlackRock, Nongfu, American, Wahaha’s, CNN, Zhejiang Daily, Communist Party, Auto, Zhejiang University of Finance, Economics, People’s Liberation Army, AFP, Getty, Nike, Adidas, United, Toyota, Honda Locations: China, Hong Kong, Beijing, American, Weibo, Nongfu, Zhejiang, Hami, China's, Xinjiang, AFP, United States, Japan

☆ Meet the Man Behind Litquidity, the Anonymous Instagram Account Dominating Wall Street
▼ + stars: | 2024-02-07 | by ( Reed Alexander | Hayley Cuccinello | ) www.businessinsider.com time to read: +26 min

The deck kicked off a game of one-upmanship among Wall Street banks trying to keep their employees happy. Lit capitalized on poking fun at Wall Street culture, selling $35 dad hats that read, "Do You Know Who My Father Is?" There have, of course, been endless rumors about Lit's identity, especially among Wall Street underlings. Wall Street underlings have speculated about Litquidity's identity for years. Basak, one attendee said, wanted to take a "wrecking ball through it all" and hold Wall Street heavy hitters accountable.

Persons: Goldman Sachs, I've, David Solomon, Litquidity, Goldman, Solomon, Evercore, Michael Kovac, Lit, Warburg Pincus, Jamie Dimon, Jamie Dimon's, Banksy, Bennett Jordan, who've, Lit's, — Mark Moran, —, Jefferies, Richard Handler, Spencer Platt, Isaac Laifer, Laifer, Handler, We'd, Henry, Hank, Medina, He's, he's, Jefferies Medina, Bart P, Fuchs, Karl Smith, Mark Moran, Moran, Bloomberg he'd, Zack DeZon, Getty Images Moran, Brian Hanly, Hanly, Sonali Basak, Angela Weiss, cryptocurrency, we'll, Mark, Medina's, weren't, CoinFLEX, Litquidity doesn't, Dave Portnoy, wasn't, Medina Ayden Syal, Kyle Zappitell, Zappitell, he'd, hasn't, Bennett Jordan —, Craig Sjodin, Litney, Paul Argenti, Wall Organizations: Goldman, New York Times, CNBC, Business, Bloomberg, Metropolitan Club of New, Nomura, Citigroup, Financial Times, Litney Partners, Whitney Partners, BI, ESPN, Litquidity, Centerview Partners, New York, Getty, Bain Capital, Litquidity Venture Partners, SEC, Cornell University, Wexford Capital —, Deutsche Bank, Deutsche, CFA, Getty Images, Bullish, Vice, Wall Street, Litquidity's, Manhattan's Rue, Fox Business, Litquidity Ventures, Coatue Management, SAFE, Soho House, Dartmouth University Locations: New York, Tribeca, Metropolitan Club of New York, Instagram, San Francisco, Medina, New York City, Miami, NoHo, Chad, Connecticut, Litquidity, Linktree, Soho

☆ Paris Jackson and Doja Cat just redefined what it means to get inked
▼ + stars: | 2024-02-05 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

While Jackson’s transformation was a savvy collaboration with makeup brand CoverFx, temporary tattoo camouflage has snowballed as an essential celebrity makeup technique. While shooting the Disney+ series “The Bear,” Jeremy Allen White required extensive tattoo coverage (and temporary tattoo re-application) that would withstand filming for hours in a hot kitchen. Paris Jackson was a blank canvas on the red carpet after her makeup artists spent two hours camouflaging her 80 tattoos, shown on the right. Elsewhere on the red carpet, while Rey and Jackson were disguising their ink, Doja Cat (who scooped three awards this season) went face-first into the world of — albeit temporary — tattoos. Doja Cat was covered in temporary tattoos at the Grammy awards on Sunday in Los Angeles.

Persons: Paris Jackson, —, Celine, ” Jeremy Allen White, ” Harry Styles, Styles, “, ’ ”, Amber Rose, sequinned Naeem Khan, Lana del Rey, Vivienne Westwood, Jackson, Dilara Findikoglu, Jordan Strauss, it’s Organizations: CNN, Disney, Teen Vogue Locations: South Korea, Rey, Los Angeles

And the DeSantis campaign made many of them, his advisers, allies and supporters have acknowledged to CNN in interviews. Republican presidential candidate and Florida Governor, Ron DeSantis, speaks during a campaign event in Hampton, New Hampshire, on January 17, 2024. Michael Reaves/Getty Images DeSantis and his wife, Casey, have three children: from left, daughters Mamie and Madison and son Mason. But that approach was rejected by the woman who would be announced as DeSantis’ campaign manager, Generra Peck. And yet, in the face of this overwhelming rejection of his pitch to Make America Florida, DeSantis refused to change gears.

Persons: Ron DeSantis steeled, Donald Trump, DeSantis, Trump, “, Nikki Haley, Trump hadn’t, ” DeSantis, Elon Musk, ”, Curt Anderson, Alex Castellanos, Ron DeSantis, Joseph Prezioso, It’s, Casey, God, Rupert Murdoch’s, Will Lanzoni, Jane, Zuma Press DeSantis, Dunedin High School DeSantis, US Navy DeSantis, John Boehner, Charles Dharapak, Bill Clark, Tom Williams, Trey Gowdy, Al Drago, Zack Wittman, Patrick Farrell, Andrew Gillum, Chris O'Meara, Jeff J Mitchell, Stephen M, Dowell, Chris Kleponis, Lynne Sladky, Steve Cannon, Fernando Medina, Deborah Birx, Doug Mills, Kimberly Guilfoyle, Saul Loeb, Madison, Tori Lynn Schneider, Vera Leip, Joe Raedle, Michael Reaves, Mamie, Mason, WFTS DeSantis, Joe Biden, Hurricane Ian, Charlie Crist, Marco Bello, Reuters DeSantis, Sophie Park, Jordan Gale, –, Stormy Daniels, Jeff Roe, Ken Cuccinelli, Roe, scrappy, Ken Griffin, bankroll DeSantis, Griffin, Dana Bash, Generra Peck, Musk, ” Donors, Peck, Christina Pushaw, Bryan Griffin, Hugh Hewitt, Scott Olson, Ryan Tyson, Zuckerbucks, Kim Reynolds, Reynolds, Iowa –, Anna Moneymaker Organizations: CNN, Trump, New, GOP, Former South Carolina Gov, Christian Broadcasting Network, Elon, Republican, “ JV, ”, Politico, Florida Governor, Getty, Republican Party, New York Post, Disney, Florida Gov, Little League Baseball, Petersburg Times, Zuma Press, Dunedin High School, Yale University, US Navy, Navy, General's Corps, District, DeSantis, First, Bloomberg, Miami Herald, Tribune, Service, Democratic, Orlando Sentinel, White, Orlando Magic, NBA, Coronavirus, New York Times, Tallahassee Democrat, USA, Conservative Political, Conference, University of South, Reuters, Iowa State University football, PAC, “, Fox News, Florida, Central Bank Digital Currency, Iowa, Gov, “ Iowa Republican, Republicans Locations: Iowa, Florida, New Hampshire, Hawkeye, Hampton , New Hampshire, AFP, Wally's, Jacksonville , Florida, Dunedin , Florida, Windsor, V, St, Florida's, Tampa , Florida, Orlando, Jacksonville, Sanford , Florida, Tallahassee , Florida, Tallahassee, Pompano Beach , Florida, Miami, Surfside , Florida, University of South Florida, Covid, Tampa, Bedford, Bedford , New Hampshire, Ames , Iowa, New York, Dunedin, Newton , Iowa, Park City , Utah, Tennessee, South Carolina, Trump, Des Moines, West Des Moines , Iowa, Myrtle Beach, “ Iowa, America Florida

☆ Red Sea attacks already bigger issue for supply chain than pandemic, maritime advisory warns
▼ + stars: | 2024-01-18 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

The strikes are a response to attacks on the Red Sea, adding complexity to the regional conflict originating from Israel's Gaza war. With that exception, "This [the Red Sea crisis] is the largest single event – even larger than the early pandemic impact," Murphy said. Sea-Intelligence analyzed current vessel delays compared to delays over the last several years in a report for clients. A leading ocean supply chain advisory firm is warning that the disruptions to shipping from the Houthi rebel attacks in the Red Sea are already more damaging to the supply chain impact than the early Covid-19 pandemic. "Threats to Red Sea shipping are a threat to maritime commerce worldwide," said Steve Lamar, CEO of the American Apparel and Footwear Association.

Persons: Luis Boza, Alan Murphy, Murphy, Hope, Steve Lamar Organizations: Getty, Intelligence, MSC, Volvo, Michelin, Ikea, American Apparel and Footwear Association, Logistics, CNBC Locations: Lisbon, Portugal, U.S, Yemen, Red, Gaza, Suez, Good Hope, Europe, United States, Asia

☆ Jannik Sinner: Why the Carota Boys are ‘finding a lot of love’ for Italian tennis star
▼ + stars: | 2023-12-01 | by ( George Ramsay | ) edition.cnn.com time to read: +6 min

CNN —Go to a major tennis tournament and it’s hard to miss the Carota Boys, a team of six men decked in full-body, bright-orange carrot costumes. It’s only over the past seven or so months that the Carota Boys’ love for Sinner has really blossomed, endearing themselves to the tennis public in the process. The conception of the Carota Boys originates with the friends’ tradition of buying tickets for tennis tournaments to celebrate each other’s birthdays. The Carota Boys attend the ATP Tour Finals in Turin, Italy, watching Sinner take on Greece's Stefanos Tsitsipas. “Jannik and all the Carota Boys are born in a place near the mountains.

Persons: Sinner, – Lorenzo Ferrato, Francesco Gaboardi, Gianluca Bertorello, Enrico Ponsi, Alessandro Dedominici, Alberto Mondino –, TIZIANA FABI, Ferrato, Lavazza, Novak Djokovic, “, ” Ferrato, “ Jannik, Clive Brunskill, “ Let’s, let’s, we’ve, Jannik, ”, Valentino Rossi, Max, Michael, Schumacher, Daniil Medvedev, Valerio Pennicino, Carlos Alcaraz, Denmark’s Holger Rune, Djokovic, ” Djokovic, he’s, Sinner’s Organizations: CNN, Carota Boys, ATP, Getty, CNN Sport, Boys, Wimbledon, Davis, ITF Gaboardi, Italy, Australia, “ Locations: Italy, It’s, Turin, Revello, Rome, AFP, Vienna, Austria, Paris, London, New York, Malaga, Spain, Formula

☆ China's money market shows signs of liquidity tightness towards month-end
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsSHANGHAI, Nov 27 (Reuters) - Cash conditions in China's money market showed signs of tightness on Monday, as market participants grew cautious about month-end demand and a recent liquidity squeeze remained fresh in memory. The price of the benchmark seven-day repos traded in the interbank market, hit a high of 2.8% on Monday, the highest level since Oct. 31. Meanwhile, the borrowing cost of such repos for non-bank financial institutions was about 3.5%, according to traders. "Money that can help span the month-end has tightening bias, and it's expensive for non-banks," said a trader at a Chinese bank. NCDs has been a popular short-term debt instrument used by financial institutions in the interbank market for financing.

Persons: Tingshu Wang, repos, Liu Yu, NCDs, Kim Coghill Organizations: People's Bank of China, REUTERS, Rights, GF Securities, AAA, Reuters, Shanghai, Thomson Locations: Beijing, China

LONDON, Nov 23 (Reuters) - Chilean copper miner Antofagasta (ANTO.L) last week inked the first major 2024 concentrates supply deal with China's Jinchuan Group. Indeed, it's far from certain there will be a single benchmark for next year due to a shifting copper concentrates landscape. Annual "benchmark" copper smelter treatment chargesSPLIT BENCHMARK? Other members of China's Copper Smelters Purchase Team, a grouping of the country's biggest players, have rejected Jinchuan's terms as a benchmark. Its new Manyar copper smelter will start ramping up from May.

Persons: Freeport, Chen Yunian, Jinchuan, it's, Jan Harvey Organizations: China's Jinchuan, TC, Freeport McMoRan, HK, Study, China's, Copper, Reuters, Thomson Locations: Antofagasta, Jinchuan, Freeport, Indonesia, Panama, Peru, Chile, China, Jiangxi, Canada, Botswana

The blowback over Elon Musk’s endorsement of an antisemitic conspiracy theory on X gathered steam on Friday, as several major advertisers on his social media platform cut off their spending after his comments. Disney said it was pausing spending on X, as did Lionsgate, the entertainment and film distribution company. They followed IBM, which cut its spending with X on Thursday. Mr. Musk, who bought Twitter last year and renamed it X, has been under scrutiny for months for allowing and even stoking antisemitic abuse on the site. Jewish groups have compared the statement in the original post to a belief known as replacement theory, a conspiracy theory that posits that nonwhite immigrants, organized by Jews, intend to replace the white race.

Persons: Disney, Musk, ” Mr, Robert Bowers Organizations: Elon, Lionsgate, Apple, IBM, Twitter Locations: Israel, Pittsburgh

View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. Two Panamanian prosecutors have deemed the contract unconstitutional after examining legal challenges submitted to the court. First Quantum did not reply to a request for comment on the future of the contract pending court proceedings. Panama's mining chamber has urged against canceling the contract, saying First Quantum could sue Panama for at least $50 billion. Another lawyer said the court could also move to declare parts of the contract unconstitutional, which would not annul it completely.

Persons: Maritza Cedeno, Ariel Corbetti, Corbetti, Juan Carlos Arauz, Arauz, Victor Baker, Valentine Hilaire, Divya Rajagopal, Elida Moreno, Denny Thomas, Marguerita Choy Organizations: Minerals, REUTERS, Aris, Jiangxi Copper Co, Reuters, Panama, Thomson Locations: Panama, Donoso, Jiangxi, China

☆ Barbra Streisand, in Her Own Words
▼ + stars: | 2023-11-12 | by ( Desiree Ibekwe | More About Desiree Ibekwe | ) www.nytimes.com time to read: +1 min

This year’s memoirs have kept ravenous consumers of celebrity culture well fed. Now, Barbra Streisand joins their ranks with “My Name Is Barbra,” a memoir released on Tuesday. At almost 1,000 pages, “it’s not a book you inhale,” the Times critic at large, Wesley Morris, writes. “Streisand is poring over, pouring out, her life.”Her childhood, in a Brooklyn housing project, was emotionally fraught. Her father died when she was just over a year old; her mother was emotionally unavailable, and her stepfather was distant.

Persons: Prince Harry plumbed, Britney Spears, Elliot Page, Patrick Stewart, Henry Winkler, Kerry Washington, Pamela Anderson, Barbra Streisand, “, ”, “ it’s, Wesley Morris, Streisand, Fanny Brice, Marlon Brando, Pierre Trudeau Organizations: Paris Hilton, Greenwich Village, Canadian Locations: Brooklyn

STOCKHOLM (AP) — Pressure is growing on Tesla in Sweden, where a trade union is demanding that the Texas-based automaker sign a collective bargaining agreement, which most employees in the Scandinavian country have. Another major trade union, the Swedish Union for Service and Communications Employees, said it will halt shipments to Tesla on Nov. 20. Political Cartoons View All 1239 Images"The fight that IF Metall is now taking on is important for the entire Swedish collective agreement model,” Lavecchia said. The IF Metall union and Tesla Sweden have meet twice without results, according to Swedish media. It resulted in a three-month strike by the retail-store employees union that snowballed into an all-out boycott as other unions joined in sympathy strikes.

Persons: Tesla, Gabriella Lavecchia, ” Lavecchia, Stefan Löfven, ” Löfven, Metall Organizations: STOCKHOLM, IF Metall, Painters ’ Union, Tesla, Swedish Union for Service, Communications Employees, Social Democratic, Facebook Locations: Tesla, Sweden, Texas, “, Swedish, Tesla Sweden

☆ Restrictions on L.G.B.T.Q. Depictions Rattle Hungary’s Cultural World
▼ + stars: | 2023-11-10 | by ( Andrew Higgins | More About Andrew Higgins | ) www.nytimes.com time to read: +1 min

When a far-right member of Hungary’s Parliament invited the media three years ago to watch her shred a book of fairy tales that included a gay Cinderella, only one reporter showed up. But what began as lonely, crank campaign against “homosexual propaganda” by a fringe nationalist legislator, Dora Duro, has snowballed into a national movement led by the government to restrict depictions of gay and transgender people in Hungary. The campaign has unsettled booksellers, who have been ordered to shrink-wrap works that “popularize homosexuality” to prevent young readers from browsing, and also rattled one of Hungary’s premier cultural institutions. The director of the Hungarian National Museum was fired this past week for hosting an exhibition of news photographs, a few of which featured men in women’s clothing, and for suggesting that his staff had no legal right to check whether visitors were at least 18 years old.

Persons: Dora Duro Organizations: Hungarian National Locations: Hungary

☆ Hermoso hopes for positive change following kiss scandal
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

FILE PHOTO:Soccer Football - Liga MX Femenil - Monterrey v Pachuca - Estadio BBVA, Monterrey, Mexico - September 15, 2023 Pachuca's Jenni Hermoso after the match. Rubiales has been banned from all football-related activities for three years by FIFA following the allegedly non-consensual kiss he gave Hermoso at the final in August. Rubiales has repeatedly said the kiss was consensual, while Hermoso says it was forced on her. Hermoso scored a last-gasp winner against Italy in the Nations League last month on her return to the national team for the first time since the incident. "In the race to the Olympic Games, in my team in Mexico, in the national team.

Persons: Jenni Hermoso, Luis Rubiales, Hermoso, Rubiales, I've, Pearl Josephine Nazare, Peter Rutherford Organizations: Football, Pachuca, Estadio BBVA, Spain's, Spanish Football Federation, FIFA, Italy, Nations League, Olympic Games, Thomson Locations: Monterrey, Mexico, Spanish, Spain, Bengaluru

☆ Exclusive: China's clashing priorities behind rare money market distress
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +7 min

"Banks were grudging in lending, leaving non-banks asking each other for money in afternoon trade," he said. The reasons for the spike in interest rates and the ensuing market chaos are detailed here for the first time. They affect foreign exchange movements since the markets are the major avenue for the supply of money. The money market operator CFETS told traders to keep a 5% ceiling on repo transactions and said anyone involved in high-rate deals closed on Oct. 31 would need to explain themselves to regulators, according to sources who received the notice. "If the pattern of money supply and liquidity provision remains unchanged, the whole system remains fragile.

Persons: Xia Chun, Banks, outflows, CFETS, Tom Westbrook, Vidya Ranganathan, Raju Gopalakrishnan Organizations: People's Bank of China, China Foreign Exchange Trade, Yintech Investment Holdings, Reuters, China Everbright Bank, Co, China Central Depository, Shanghai Clearing House, Shanghai, Thomson Locations: SHANGHAI, SINGAPORE, Beijing, Shanghai, China

☆ Li Keqiang: Death of China’s former premier offers glimpse into discontent with Xi Jinping
▼ + stars: | 2023-11-01 | by ( Cnn Staff | ) edition.cnn.com time to read: +11 min

CNN —The sudden death of China’s former Premier Li Keqiang has spurred an outpouring of grief and mourning across the country. But for many, it also appears to offer a rare opening to air pent-up discontent with top leader Xi Jinping and the direction he has taken the country. His death, just months after his retirement, shocked the Chinese public. German Chancellor Angela Merkel and Chinese Premier Li Keqiang review a guard of honor prior to a meeting at the Chancellery on July 9, 2018 in Berlin, Germany. Chinese Premier Li Keqiang visits a hospital in Wuhan on January 27, 2020, days after the city was placed under a complete lockdown to curb the raging Covid-19 outbreak.

Persons: Li Keqiang, Xi Jinping, Li, Xi –, ”, Alfred Wu, Lee, “, Xi, Angela Merkel, Sean Gallup, Zhang Lun, Mao Zedong, Zhang, “ I’ve, Wu, Li Tao, Zhou Enlai, Mao, Hu Yaobang, Fish Leong, ” Zhang Organizations: CNN, Communist, Lee Kuan Yew, of Public Policy, Getty, Studies, University of Cergy, Peking University, Li, AP Party, Communist Party, Xinhua, CPC, Party Locations: Shanghai, China, Singapore, German, Berlin, Germany, Pontoise, France, Communist China, Wuhan, AFP, Yunnan province, Weibo, Malaysian, Hefei, Anhui, Zhengzhou, Henan, Beijing

☆ Why Sam Bankman-Fried wanted to spend $10 million a year to put FTX name on sports stadium
▼ + stars: | 2023-10-27 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +12 min

Prosecutors entered corroborating materials, including encrypted Signal messages and other internal documents that appear to show Bankman-Fried orchestrating the spending of FTX customer money. Similarly, Bankman-Fried testified that he believed the lavish Bahamas properties were being paid for with FTX operating cash that came from revenue and venture investments. As for the venture investments, Bankman-Fried said he thought that money was coming from Alameda's operating profits and third-party lending desks. Alameda's venture arm was renamed Clifton Bay Investments, which Bankman-Fried said was a first step in building a dedicated venture brand. When asked about loans he took from the business, Bankman-Fried said they were to pay for venture investments and political donations.

Persons: Sam Bankman, Amanda Perobelli, Fried, District Judge Lewis Kaplan, Mark Cohen, Bankman, Cohen, Sam Bankman Fried, Judge Lewis Kaplan, Elizabeth Williams, Caroline Ellison, Judge Kaplan, Jane, Banks, weren't, cryptocurrencies, FTX, Nishad Singh, Gary Wang, Singh, Wang, Prosecutors, Dan Friedberg, Fenwick, Marco Bello, Ryan Salame, Salame, Katy Perry, —, Dawn Giel Organizations: FTX, Reuters FTX, U.S, District, Stanford, Alameda Research, Elizabeth Williams Prosecutors, Massachusetts Institute of Technology, Alameda, Fenwick & West, Reuters, NFL's New, NFL's New Orleans Saints, Kansas City Chiefs, Facebook, Google, Clifton Bay Investments, Republicans Locations: Manhattan, New York City, U.S, Alameda, Bahamas, Berkeley , California, FTX, Friedberg, Miami , Florida, Miami, NFL's New Orleans, Clifton Bay, Los Angeles

☆ I moved to LA at 18 with the dream of being an influencer. I lost myself, and I can't wait to leave.
▼ + stars: | 2023-10-15 | by ( Marta Biino | ) www.businessinsider.com time to read: +6 min

She moved to Los Angeles to pursue a career as an influencer in early 2021. I knew LA was the place where influencers lived, the place to be when you wanted to do social media. AdvertisementAdvertisementOne time in seventh grade, I told my dad, "I'm going to live in LA one day." So when I "blew up" on TikTok and gained an audience, moving to LA was at the top of my mind. LA is great, until it's notOn my very first night in LA, I got blackout drunk.

Persons: Rhegan Coursey, —, influencer, I've, LA, influencers, it's, I'm, I'd, Coursey, It's Organizations: Service, Coachella Locations: Los Angeles, Dallas , Texas, LA, Texas, Dallas

☆ Ozempic isn't the existential threat food companies think it is — yet
▼ + stars: | 2023-10-06 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +6 min

Food companies fear soaring Ozempic sales could hurt their bottom lines. AdvertisementAdvertisementExecutives at America's biggest food companies can't stop talking about Ozempic . And early data suggests that Ozempic sales will have some impact on the food industry. AdvertisementAdvertisementFor example, if consumers begin to prefer smaller portions, food companies have time to adjust their package sizes, and restaurants have time to modify their menus. "This is not an existential threat to the food industry," he said.

Persons: —, Doug McMillon, Arun Sundaram, Morgan Stanley, Walmart's John Furner, Steve Cahillane, Rice Krispies, Jefferies, Sundaram, David M, Gordon, Ozempic Organizations: Service, America's, Nordisk, North, Walmart, Bloomberg, Wall, Cheesecake

An aerial view shows the 39 buildings developed by China Evergrande Group that authorities have issued demolition order, on the man-made Ocean Flower Island in Danzhou, Hainan province, China January 6, 2022. "The (investigation into Hui) clearly shows that Chinese policymakers prioritise political considerations to economic ones in dealing with Evergrande," he said. Evergrande and China's housing authority did not immediately respond to requests for comment during the week long National Day holiday. Gavekal in its report said that at the very least, an orderly restructuring of Evergrande seemed increasingly hard to achieve. A liquidation petition filed against Evergrande is scheduled for hearing in a Hong Kong court on Oct 30.

Persons: Aly, Hui Ka Yan, Hui, Xin Sun, Evergrande, Christopher Beddor, Sandra Chow, bondholder, Antonio Fatas, Xie Yu, Clare Jim, Kane Wu, Sumeet Chatterjee, Lincoln Organizations: China Evergrande Group, REUTERS, China Evergrande, HK, lurched, East Asian, King's College London, SOE, Evergrande, Thomson Locations: Danzhou, Hainan province, China, HONG KONG, Beijing, homebuyers, Asia, Pacific, Gavekal, Hong Kong, Evergrande

☆ My husband and I paid off our mortgage more than 15 years early by following a simple money rule we learned from our parents
▼ + stars: | 2023-10-04 | by ( Marisa Palmieri Shugrue | Stephanie Hallett | Read More | ) www.businessinsider.com time to read: +6 min

This July, my husband and I sent in our final mortgage payment. Why we decided it made sense to pay off our mortgage earlyAn early mortgage payoff had been a major financial goal of ours since 2016. After doing some research and calculations, we realized a combination of investing and paying off our mortgage early would give us the more flexible lifestyle we had in mind. We have not had a car payment in five years. It led us to paying off our mortgage early, which has allowed us both to choose more fulfilling work and spend more time with our daughters.

Persons: it's, We've, didn't Organizations: Ohio National Guard Locations: Cleveland

☆ Explainer: What's in store for China Evergrande with its chairman now under police watch?
▼ + stars: | 2023-09-27 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +5 min

Evergrande has been in the process of seeking its creditors' approval to restructure offshore debt worth $31.7 billion, which includes bonds, collateral, and repurchase obligations, amid weakening cash flows. A major group of Evergrande offshore bondholders plans to join a liquidation petition due to be heard in a Hong Kong on Oct. 30 unless Evergrande can present a new restructuring plan before then. Evergrande's supercharged growth helped it become one of China's biggest and most lucrative property developers with sales worth $110 billion in 2020. The company's entire offshore debt was deemed in default after it missed several bond payments in late 2021, and creditors have been grappling with a solution since then. Soon after that, authorities scrambled to assure markets that risks to the property sector and economy could be controlled.

Persons: Evergrande, HUI, YAN, Hui, Scott Murdoch, Sumeet Chatterjee, Muralikumar Organizations: China Evergrande, HK, Bloomberg, Evergrande, Thomson Locations: China's, Hong Kong, Evergrande, Guangzhou, China, Beijing, Sydney

☆ Spanish court includes former women's soccer coach Vilda in probe over Rubiales kiss
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

MADRID, Sept 27 (Reuters) - The investigating judge at Spain's High Court has expanded the scope of a sexual assault probe over the allegedly non-consensual kiss on women's national team player Jenni Hermoso to include Jorge Vilda, the squad's former coach, the court said on Wednesday. Vilda was sacked by interim RFEF president Pedro Rocha 10 days after FIFA suspended Rubiales from his post. The coach was widely criticised for repeatedly applauding Rubiales during an emergency RFEF assembly in which the latter railed against "false feminism" and vowed not to resign. Spanish media reports have said Vilda allegedly pressured Hermoso to put out a statement exonerating Rubiales. After the controversial kiss, the RFEF issued a statement quoting Hermoso as saying the kiss was a "mutual, totally spontaneous gesture".

Persons: Jenni Hermoso, Jorge Vilda, Judge Francisco de Jorge, Luis Rubiales, Vilda, Pedro Rocha, Rubiales, De Jorge, Hermoso, Albert Luque, Ruben Rivera, Jorge, Inti Landauro, David Latona, William Maclean Organizations: Spain's, RFEF's, FIFA, England, Thomson Locations: MADRID, Australia, New Zealand, Spain, Hermoso

☆ China's 1.4 billion population can't fill the country's millions of empty homes. Here's 3 things that would.
▼ + stars: | 2023-09-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

He said the estimate is extreme, but said even China's 1.4 billion people can't fill all of them. "How many vacant homes are there now?" The most extreme believe the number of vacant homes are now enough for 3 billion people. But China has yet to publish an official estimate on the total floor space of its empty homes. Government statistics from August say the total area of all unsold homes in China is around 7 billion square feet, per Reuters.

Persons: that's, it's Organizations: Service, China, National Bureau of Statistics, Government, Reuters, Strategic Research Institute, Chinese Academy of personnel Management Locations: China, Wall, Silicon, Western Europe, Beijing, Dongguan

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