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The faces that hold social currency on social media — with fox-lift brows and buccal fat removed — are increasingly bleeding into real life. AdvertisementEven before the remote-work boom, writers noticed social media was shaping the way people looked. The shift from surgical procedures to minimally invasive injections has also made cosmetic work safer and more available to average people. "The gap between the identity we present on social media and the self we see in the mirror is growing," Widdows told me. As more people get cosmetic work done, the rest of us lose touch with what's normal.
Persons: it's, Z, It's, Heather Widdows, else's, Snapchat, Anne, Mette Hermans, Widdows, Gen Zers, Hermans, you've, we've Organizations: American Academy of, New Yorker, University of Warwick, American Psychological Association, Boston University School of Medicine, City University of London, Tilburg University Locations: Instagram, United States, Netherlands
Large technology stocks have continued to be a key driver of earnings growth. Those calls are based on the firms' expectation that the economy will continue to grow despite uncomfortably high interest rates. Bullish firms concur that elevated interest rates are a serious concern for investors. "Should the outlook for earnings growth deteriorate, the recent stretch of quality outperformance will likely continue and also expand to include stocks with stable growth," Kostin wrote. Along with each is its ticker, market capitalization, sector, 2024 expected earnings growth rate, and 10-year EBITDA growth variability rate, according to Goldman Sachs.
Persons: Morgan Stanley, That's, Jonathan Golub, David Lefkowitz, Stocks, they've, Mike Wilson, Morgan, 19.3x, Goldman Sachs, David Kostin, Wilson, Kostin, Russell Organizations: UBS, Business, UBS Beats, UBS Global Wealth Management, Companies, Federal Reserve
Earnings per share rose 1% to $1.53, a March quarter record, and exceeded the LSEG consensus estimate of $1.50. This resulted in stronger-than-expected free cash flow, which is more important than operating cash flow because it is cash Apple can ultimately return to shareholders via buybacks and dividends. During the reported quarter, Apple paid over $27 billion to shareholders, including $3.7 billion in dividends and equivalents and another $23.5 billion via the repurchase of 130 million shares. Quarterly results Apple's services sales notched another record, which offset a slight miss in product sales and led to beats on gross and operating income. iPad sales are expected to gain double digits year over year, much better than the 5.9% expected on Wall Street.
Persons: Tim Cook, Cook, we're, Apple, Luca Maestri, Maestri, Jim Cramer's, Jim Cramer, Jim Organizations: Apple, Management, MacBook, MacBook Air, Apple Watch, Fortune, Apple Vision, KLM Airlines, CNBC, Apple Inc, Visual China, Getty Locations: China, Greater China, America, East, Canada, India, Spain, Turkey, Indonesia, WWDC, U.S, Australia, France, Germany, Japan, Shanghai
Most people 'genuinely have no idea'The couple's recent major purchases include an awning and rack for their van and a vacation to Barbados. In both instances, they considered whether or not they could afford the purchase on a monthly basis, Sethi said. "This is very common, and most people genuinely have no idea how to decide if they can afford something." Like many people, Callie and Travis think about their budget on a monthly basis, rather than an annual one. "Until now, they would go on trips, charge up a bunch of stuff, and then get surprised at how much it all cost," Sethi said.
Persons: Callie, Travis, Ramit Sethi, Rich, Sethi, Skip Locations: Texas, Barbados, Alaska
What was supposed to be a yearlong $140,000 renovation ballooned into three excruciating years that cost us more than $500,000 — and the work is still not finished. But as my husband and I soon discovered, unless you've made a plan, legal protections for homeowners are close to nonexistent. Every time our contractor turned up the temperature, we grimly adjusted to the reality of our demise. Knowing the cardinal rule of home renovation — never pay in full until the job is over and inspected — we grew suspicious. Despite completing several home-improvement and renovation projects with her husband over the years, she lacked the confidence to DIY the renovation of her newly purchased 6,500-square-foot home.
Persons: Arcadis, you've, Christine Chitnis, wasn't, It's, We've, Amanda Jane Jones, Jones, David Jensen, Greenberg Traurig, He'd, Jensen, Lisa DiAntonio, DiAntonio, hadn't, what's, Condé Organizations: Homeowners, Harvard's, for Housing Studies, Department of Business, American Institute of Architects, Vogue, The New York Times Locations: Rhode Island, North America, Northern Michigan, Michigan, Utah, New Jersey, Andover , Massachusetts
I moved with my family to Spain, where I'm from, after living in the UK for two years. I'm much happier and healthier than I was, and I can see us here for the next 10 years. Some parents can pay as little as 300 euros, which is around $320, a month for one child. Childcare was a big factor, but we also wanted to be near my family and have more of a support network. People are warmer and more caring toward children than they were in the UK, though maybe it's just expressed differently.
Persons: , Sara Bustillo de Castro, I'd, I'm Organizations: Service, Business Locations: Madrid, Spain, Paris, France, Cambridge, London
But largely, TikTok is a place Black creators found where they could thrive and reach new audiences and customers for their growing businesses. It wasn't that the content wasn't good, Ford said, it was that Instagram "just wasn't a place for Black creators, minority creators, to excel." Some Black creators suspected their Black Lives Matter content was suppressed in 2020 after George Floyd's death ignited a wave of protests. AdvertisementBlack TikTokers have also expressed an "undertone of anti-Blackness" in the platform's algorithm, where white creators benefited from the trends started by Black creators. AdvertisementThis is disheartening, Black creators told BI, because so many top trends and ideas come from their community.
Persons: , Joe Biden, TikTok, Tenyse Williams, It's, Funmi Ford, Ford, Nya, I've, Étienne, Keith Lee, entrepreneurialism, Kahlil Dumas, Dumas, George Floyd's, Jalaiah Harmon, Black TikTokers, Williams, Imani Bashir, Bashir, We're, isn't Organizations: Service, Senate, Business, Consulting, University of Central, Columbia University, George Washington University, Pew Research Center, An, Free, Black, New York Times, Forbes, YouTube, BI Locations: University of Central Florida, Instagram, An Oxford, Atlanta
Read previewFisker employees have been taking parts off pre-production vehicles and existing inventory to fix some customers' cars, according to several people familiar with the issue. Business Insider also viewed several photos of Fisker Oceans with missing parts that sources say were used for customer vehicles. A spokesperson for Fisker told Business Insider the information was false. Related stories"Every day was a fire drill of what car has this part that I need," a former employee told BI. Business Insider viewed an email exchange between a Fisker employee and Burrell that showed the employee offered to fix Burrell's car using a part off another Fisker car.
Persons: , Patrick Burrell, Burrell, Michael Crossen, It's, Crossen, Daniel Blinn, Fisker Organizations: Service, Business, Fisker, Technicians, La, Consumer, Consumer Law, BI Locations: La Palma , California, Palma, La Palma, California, Connecticut
The Qantas app suffered a technical glitch, logging users into random accounts. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn Australian airline's frequent flyers were left puzzled after a technical glitch with its app logged users into the wrong accounts. In a statement, the airline said some people were able to see other customers' details on the app. That included their name, upcoming flight details, points balance, and frequent-flyer status.
Persons: couldn't, Organizations: Qantas, Service, Business
Other press couldn't go on campus, so the student radio station was the only source of on-the-ground reporting. WKCR 89.9 FM, Columbia's student radio station, was broadcasting live from inside the campus about what was happening as the NYPD arrived. (I left messages for the radio station but didn't hear back — likely because the students are taking a well-deserved break, which they referenced in an X post . AdvertisementStudents at UChicago encampment gather in silence around a speaker for radio broadcast of WKCR 89.9, Columbia’s student station. The actual events on the Columbia campus on Tuesday night are, of course, more important than the fact that its radio station went viral.
Persons: , z59RvDd0OV, alex, @w_o_t_m_8_, George Floyd, g7MEe2ehVA — Madeleine, @madeleinedupre, Hasan Piker, Elon Organizations: NYPD, Columbia University, Service, Columbia Daily Spectator, Twitter, Tech, Columbia Locations: Ferguson , Missouri, Columbia
Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday. Pizza Hut and KFC also reported shrinking same-store sales. Starbucks said bad weather dragged its same-store sales lower. Wingstop , Wall Street's favorite restaurant chain, reported its U.S. same-store sales soared 21.6% in the first quarter. This marks the second consecutive quarter that Burger King reported stronger U.S. same-store sales growth than McDonald's.
Persons: It's, McDonald's, it's, Taco Bell, January's snowstorms, we've, Ian Borden, Wall, International's Popeyes, Chris Kempczinski, Laxman Narasimhan, Narasimhan, David Gibbs, Taco, Yum, Burger, Organizations: Starbucks Workers, D.C, Starbucks, KFC, Yum Brands, Taco, Bureau of Labor Statistics, Taco Bell, Brands Locations: Dupont Circle, Washington, Pizza, U.S, Australia, Canada, Germany, Japan, Taco
Some white-collar parents are leaving their jobs to take family gap years. It's sticking around as the world somewhat normalizes; Reddit is littered with threads looking for family gap year advice, which posters can easily find in various blogs. She now offers a family gap year and extended travel planning service for $80 to $100 an hour. "It could expand into a big business," she said, adding that her family gap year clients typically have disposable income and kids around 8 to 11 years old. AdvertisementWorld lessons, no classroom requiredNo family gap year is complete without immersive travel.
Persons: , Claire Williams, Matt, they'd, Claire, It's, Jennifer Spatz, itineraries, Amy Chang, Chang, Allen, they've, Spatz, Marisa Vitale, it's, She's, hadn't, what's Organizations: Service, Area, Federal, Global, United Nations Sustainable Locations: Sri Lanka, Sahara, worldschooling, COVID, Massachusetts, Asia, Europe, Venice, Italy, Airbnbs, Greece, Nepal, Sydney, Australia, Santiago, Chile, Spanish, Guatemala, Vietnam, Argentine, Jordan, Patagonia, Los Angeles, California, Salt Lake City, U.S
Kiani has just under 4 million Masimo shares, or around 7.5% of the company, according to FactSet data. Masimo shares are up 15% this year, lifting the company's market cap past $7 billion. Politan controls 8.9% of Masimo shares. Kiani, 59, pledged 2.97 million Masimo shares as of April, valued at $397 million, as collateral against "personal loans." "Rather than sell his pledged shares, Mr. Kiani increased his pledge to maintain his stock ownership."
Persons: Joe Kiani, Joe Biden, Quentin Koffey's, Kiani, Masimo, Politan Organizations: Apple, Capital Management, CNBC
Since Tesla's layoffs announcement in mid-April, six known executives have left the company. Some of the execs have cited plans to spend more time with family, while others have stayed silent. Elon Musk vowed to cut 10% of Tesla's workforce last month and called for "hardcore" cuts Monday. Since Musk announced layoffs of more than 10% of its workforce in April, six executives have departed. BI compiled a list of all the known executives that have left Tesla in the last month, in order from most to least recent.
Persons: Elon Musk, , Elon, Musk, weren't, Tesla Organizations: Service
Usually, at the US TV upfronts — the annual event where the networks showcase their best upcoming programming in the hopes of securing big advertising commitments — the celebrities are the stars of the show. With more money being spent, advertisers are paying closer attention to what data they can use to inform their TV ad buys and prove that TV is powering their sales. It found that taking advantage of a media company's unique upfront data offerings, including retail data, was a top reason for advertisers to buy linear TV or connected TV in the upfronts, cited by 37%. US retail media CTV ad spend will increase by 86.6% this year to reach $4.19 billion, according to Emarketer. And Walmart's recent deal to acquire the TV manufacturer Vizio reflects the growing trend of retail media's convergence with TV advertising.
Persons: Eric Haggstrom, Dave Morgan, Andrea Montano, there's, NBCU, Mark Marshall, Marshall Organizations: Hollywood, Business, Amazon, TV, CTV, Kroger, Walmart, Netflix Locations: New York
Donald Trump's social media stock collapsed a month ago, and people were happy to tell you why. AdvertisementRemember when Trump Media & Technology Group Corp, the company that operates Truth Social, Donald Trump's social network, turned into a publicly traded stock? AdvertisementSo how do we explain that over the course of the past two weeks, Trump Media shares had doubled again? Here is the reason that Trump shares collapse, or rally, or collapse again: There is no underlying reason. So go ahead and bet on, or against Trump Media — on any given day, you could be right?
Persons: Donald Trump's, , Trump, Donald Trump, you'd, Jon Stewart Organizations: Trump Media, Service, Trump Media & Technology Group Corp, Truth, CNBC, Trump, GameStop, AMC, Knicks, Sixers, Trump Media — Locations: Bath
After reading blogs and watching countless YouTube videos, I landed in Japan with some expectations. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . For the past decade, I've watched videos, read blogs, and eagerly listened to friends' stories from Japan. This story is available exclusively to Business Insider subscribers.
Persons: , I've Organizations: Service, Business Locations: Japan, It's
No questions were taken and the call ended with the Mission: Impossible theme being played on loop. The company announced the departure of its president and CEO Bob Bakish before the call. AdvertisementParamount executives didn't take any questions during the company's earnings call on Monday, and ended up blasting the Mission: Impossible theme music on loop to their investors instead. The entertainment studio's first quarterly earnings call of the year took place after Paramount announced the ouster of its president and CEO Bob Bakish. The earnings call ran for only 8 minutes and 50 seconds, and the executives in attendance weren't open to taking questions.
Persons: Bob Bakish, , didn't, Bakish, George Cheeks, Chris McCarthy, Brian Robbins, Jaime Morris, Anna Nicolaou, Matthew Belloni, Alex Stedman, Shari Redstone, David Ellison's Skydance, David Ellison, Larry Ellison, There's, Paramount didn't Organizations: Paramount, Service, — CBS, Showtime, MTV Entertainment, Paramount Pictures, Nickelodeon Nickelodeon, Financial Times, Netflix, David Ellison's Skydance Media, Oracle, BI
Read previewVenture capital firm Ventech has sold its stake in digital music company Believe, saying the company's lack of liquidity has led to it being "chronically undervalued" on the Paris Stock Exchange. "It wasn't really possible to use the Believe stock to accelerate its build-up," he added. Related stories"The management wanted to size the company, but the stock price and liquidity wasn't allowing that," he said. Ventech has raised an initial closing for its sixth fund, targeted at around €225 million ($241 million). Ventech has made initial deals from its sixth fund, backing French startup Firecell and German real-estate management company Einwert.
Persons: , Ventech, Jean Bourcereau, Thomas Bravo, Bourcereau Organizations: Service, Paris Stock Exchange, Business, London Stock Exchange Locations: Ventech, , Europe, Stockholm
Read previewThis as-told-to essay is based on a conversation with Kristi Campbell, a 28-year-old business consultant, who moved into micro-home community South Park Cottages in 2023. In 2022, my boyfriend sent me a link to South Park Cottages' website, a Black-owned tiny home village. South Park Cottages afforded me the opportunity to buy my first home sooner than planned — it was the official stamp for adulthood. AdvertisementBefore I was even considered for a home at South Park Cottages, I had to be pre-approved for the full loan amount of the home. I chose South Park Cottages' preferred lender, along with a preferred closing attorney.
Persons: , Kristi Campbell, It's, Campbell, it's, — we're, There's, you've, I've Organizations: Service, Business, East, Bluetooth Locations: New York, East Atlanta, Atlanta, California, Georgia
Matt and Karen Smith have been to 63 US national parks — some multiple times. Here are the biggest mistakes the Smiths have seen tourists make at national parks over the years. "They would take their family to the national parks. Matt, 63, said they were "fortunate" to have enough savings to spend over a year visiting every major US national park. The Smiths recently spoke with Business Insider to share the biggest mistakes they've made themselves or seen people make when visiting national parks — and how to avoid them.
Persons: Matt, Karen Smith, , Bob, Sue, Karen, they've Organizations: Service, Smiths, Locations: Kansas, Seattle, Instagram
Biotech company Neoplants just released the first houseplant grown to reduce indoor air pollution. Neo P1 can remove 30 times more VOC's, harmful indoor pollutants, than a typical houseplant. This week, the France-based biotech company Neoplants released the first houseplant bioengineered to remove harmful chemicals from indoor air. AdvertisementUnpacking the Neo P1 systemThe Neo P1 system comes with a marble queen pothos potted in a specially designed "shell," and a six-month supply of power drops. AdvertisementStriving for sustainabilityEvery part of the Neo P1 air purifying system is manufactured in the US.
Persons: , you'd, Glenn Morrison, Patrick Torbey, Lionel Mora weren't, Mora, Torbey, Morrison, Neoplants, Jennifer Brophy, " Mora, it's, we'll Organizations: Biotech, Neoplants, Service, American Lung Association, University of North, Business, Stanford University, MIT Tech Locations: France, University of North Carolina, Torbey, VOCs, Neoplants, Paris
Over the past year or so, pretty much everyone who's looked for a job has told me the same thing: The job market is brutal right now. By all the standard measures, the job market is doing just fine. And what the numbers show is a two-tier job market — one divided between a blue-collar boom and a white-collar recession. Now, you could argue that a slowdown in white-collar hiring doesn't really matter in the current economy, even for white-collar workers. And the longer the white-collar hiring lull continues, he warns, the more the resentment will build.
Persons: who's, I've, you'd, it's, Mark Zuckerberg, Fiona Greig, doesn't, Emily Stewart, Guy Berger, Berger, there's, , Aki Ito Organizations: Vanguard, Glass Institute, Business Locations: America
Lifestyle influencer Jacqlyn Burnett was more excited this year to attend the country music festival Stagecoach for the first time than to go to Coachella. Stagecoach, the annual country music festival held this past weekend in Southern California, is rivaling the Coachella Valley Music and Arts Festival as the new favorite among brands and social-media influencers. From the growing interest in country music to fashion, influencers and brands flocked to Stagecoach this year. Some influencers, including Paige Lorenze, Maggie and Emma Macdonald, Estelle Lebourgeois, Chloe Trujillo, and Alyssa Lynch, even skipped Coachella for Stagecoach. Béis, the luggage brand, invited influencers to Stagecoach instead of Coachella, offering themed activities and special access to the festival.
Persons: Jacqlyn Burnett, Beauty, Béis, influencers, Dominick Paielli, he's, Paielli, Paige Lorenze, Maggie, Emma Macdonald, Estelle Lebourgeois, Chloe Trujillo, Alyssa Lynch, Lynch, Liz Flora, Alix Earle, I've, Ali Grant, Stagecoach Mackenzie Gaston, Brynn Wade, Luke Scornavacco, Liz Money Organizations: Stagecoach, Valley Music, Arts Festival, Business, Clementine, Coachella, Tarte, Béis Brands, Stagecoach Mackenzie, 1AM Management Locations: Southern California, Coachella
But there's a not-insignificant chance that not only does Trump lose again, but that Democrats find themselves once again in control of the White House, the Senate, and the House of Representatives at the beginning of 2025. Democrats are broadly seen as favored to retake the House, with nearly 20 House Republican incumbents fighting to hold on in districts won by Biden in 2020. Jon Tester of Montana and Sherrod Brown of Ohio will have to win in order for Democrats to maintain the Senate majority. Biden supports it, and House Democrats have already voted for it twice, once in 2021 and again in 2022. AdvertisementManchin and Sinema, two key obstacles to Biden's party-line agenda, won't be in the Senate next year.
Persons: Biden's, , Donald Trump, It's, Sens, Kyrsten Sinema, Joe Manchin, Joe Biden's, Biden, Trump, Kamala Harris, Jon Tester, Sherrod Brown, Chip Somodevilla, Roe, Wade, Sinema, Manchin, Jabin, Progressive Caucus's, that's Organizations: Service, Trump, White, Senate, Democratic, Biden, Republican, Montana, Getty, House Democrats, Washington, Democrats, Progressive Locations: California, New York, Arizona, Ohio, Montana, Arizona , Pennsylvania, Wisconsin, Michigan, Washington
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