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☆ Blackstone is gearing up for a real-estate buying spree. Here are the types of properties it's eyeing.
▼ + stars: | 2024-01-25 | by ( Kaja Whitehouse | Alex Nicoll | ) www.businessinsider.com time to read: +3 min

Blackstone sees a light at the end of the tunnel for the troubled commercial real estate market — and the private equity giant is not waiting for things to settle down before it starts picking winners. "While it will take time, we can see the pillars of a real estate recovery coming into place." Gray noted that the firm made three major real estate transactions in the past two months, including its $3.5 billion deal to take Canadian real estate firm Tricon Residential private. He said the company sees further buying opportunities in residential real estate, including single-family rentals and multi-family rentals. The Tricon transaction, he said, was focused on single-family homes for rent: "That space, because of the shortage of single-family homes, has been much stronger."

Persons: Blackstone, Jonathan Gray, Gray, we've Organizations: Business, Signature Bank, Savings, Loans, Invitation Homes

☆ The world's most accurate economist has already been proven correct about China this year. Here's what he says will happen next as the nation continues 'exporting deflation.'
▼ + stars: | 2024-01-25 | by ( Mark Reeth | ) www.businessinsider.com time to read: +5 min

Considering how well the US market and economy performed in 2023, it's understandable that domestic investors would be optimistic about 2024. But on the other side of the globe, trouble has been brewing in China for some time now. On the surface, the world's second-largest economy seemed reasonably healthy last year, with Chinese GDP rising 5.2% year-over-year. The problems in China continue to growOf the many risks investors face this year, geopolitics consistently ranks as the one they fear the most . "In terms of negative surprises, I'm really keeping an eye on China and the fact that they're clearly experiencing some kind of deflation," he said.

Persons: Christophe Barraud, Barraud, Bloomberg —, I'm, That's, It's Organizations: Bloomberg, Market Securities, Business Locations: China

Drake said the policy could put immigrant students at risk of criminal prosecution and then deportation for working while lacking legal status. That, in turn, would put the university system at risk of fines and criminal penalties for employing them, and pose a potential threat to grants and other funding. He said the university system will continue to explore its options. For years, students without legal immigration status have attended University of California schools while paying in-state tuition. “Our legal theory, which we presented to the regents in October 2022, makes clear: the University of California has the legal right to authorize the hiring of undocumented students today,” Arulanantham said.

Persons: Michael Drake, Drake, ”, UC Regent John A, Barack Obama, “ I’m, Drake shirked, Umaña Muñoz, Ahilan Arulanantham, ” Arulanantham, “, I’ve Organizations: FRANCISCO, University of California’s, Regents, University of California, UC Regent, U.S, Supreme, of Homeland Security, UC Regents, UCLA, Led, Center for Immigration Law, University of California Los Angeles School of Law, UC Locations: California, Texas

☆ At White Columns Annual, Outsiders Mix With Insiders
▼ + stars: | 2024-01-24 | by ( Travis Diehl | ) www.nytimes.com time to read: 1 min

It’s pleasantly disorienting to enter the White Columns Annual in New York in 2024 and see so much work that could have been, and was, made any time in the last half century. There’s not a screen, QR code or 3-D print in sight. The Annual has one constraint. The curator must have seen the included work in New York City in the previous year. In this grass-roots way, the show offers a (very subjective, and therefore narrow) group portrait of an increasingly unwieldy scene.

Persons: It’s Locations: New York, New York City

☆ Watch CNBC's full panel interview on Tesla's Q4 earnings
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full panel interview on Tesla's Q4 earningsTasha Keeny, Ark Invest director of investment analysis & institutional strategies, and Steve Westly, The Westly Group managing partner & former Tesla board member, join 'Closing Bell Overtime' to talk Tesla's quarterly earnings results.

Persons: Tasha Keeny, Steve Westly Organizations: Ark Invest, Westly Group, Tesla

☆ BYD is 'coming on quickly', will likely pass Tesla as dominant global EV seller, says Steve Westly
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBYD is 'coming on quickly', will likely pass Tesla as dominant global EV seller, says Steve WestlyTasha Keeny, Ark Invest director of investment analysis & institutional strategies, and Steve Westly, The Westly Group managing partner & former Tesla board member, join 'Closing Bell Overtime' to talk Tesla's quarterly earnings results.

Persons: Tesla, Steve Westly Tasha Keeny, Steve Westly Organizations: Ark Invest, Westly Group, Tesla

☆ Nikki Haley won the backing of New Hampshire's GOP governor. It's a key advantage she just won't have again for a long time.
▼ + stars: | 2024-01-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Chris Sununu's endorsement of Nikki Haley seemingly boosted her in NH despite her loss to Trump in the state's primary. The S.C. primary will be a key test, but Haley will also need backing from Republicans in Super Tuesday states. AdvertisementWhen New Hampshire Gov. Chris Sununu threw his support behind former UN ambassador Nikki Haley's presidential bid last month, it was a huge coup for her campaign. Phil Scott is the only other GOP governor currently backing Haley's presidential bid.

Persons: Chris Sununu's, Nikki Haley, Haley, —, Chris Sununu, Nikki Haley's, Phil Scott of, Trump Haley, Henry McMaster —, Donald Trump, McMaster, Trump, Phil Scott, Glenn Russell, VTDigger, Joe Lombardo, Scott of Vermont, Sarah Huckabee Sanders, Greg Abbott, Kevin Stitt, Mike Dunleavy, Glenn Youngkin, Kay Ivey, Spencer Cox, Bill Lee, she's, Sununu Organizations: Trump, Republicans, Service, New Hampshire Gov, Republican, Phil Scott of Vermont ., Gov, GOP, Arkansas, Texas Gov, Oklahoma Gov, Alaska Gov, Virginia Gov, Alabama Gov, Utah Gov, Tennessee Gov, Trump ., New Locations: Super, New Hampshire, Phil Scott of Vermont, Phil Scott of Vermont . Vermont, South Carolina, Vermont, Nevada, Texas, Oklahoma, Alabama, Utah

☆ Founders of Wise and Skype raise $436 million to build tech giants in Europe
▼ + stars: | 2024-01-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The founders of Wise, Skype and Songkick have raised 400 million euros ($436.4 million) for a new fund to back technology startups in Europe. Plural Fund II, the firm's second to date, arrives just 18 months after the firm raised its last fund, a 250 million-euro vehicle. Only 8% of VCs in Europe are former founders, he says, much lower than the 60% in the United States. So, if we look at the track record, and our ability to get the deals done, I think that all seems to say that this is really missing in Europe," Hinrikus added. Plural raised the funds from a mix of limited partners, including British and American university endowments, U.S. foundations and insurers, strategic family offices in Europe and the United States.

Persons: Wise, Taavet Hinrikus, fintech, Ian Hogarth, Sten Tamkivi, Khaled Helioui, Hinrikus, they're, we've, Carina Namih Organizations: Skype, Balderton, Bigpoint, CNBC Locations: Europe, VCs, United States, American

☆ Retail investors are worried bitcoin will plunge below $20,000 this year, Deutsche Bank survey says
▼ + stars: | 2024-01-23 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Crypto skeptics aren't changing their tune just because they can now buy bitcoin exposure through an exchange traded fund, according to a Deutsche Bank survey. Since the launch of the ETFs on Jan. 11, bitcoin has fallen about 20% to roughly $39,000, according to FactSet. So far, institutions have been slow to adopt the new funds in portfolios and retail investors aren't entirely convinced they need to, London-based Deutsche Bank analyst Marion Laboure said in a note Tuesday. Looking at bitcoin specifically, Deutsche said 39% of survey participants think it will stick around in the coming years, while 42% anticipate it will disappear. "The crypto world is gradually moving towards greater institutionalization as traditional financial players (tradFi) enter the market," Laboure said.

Persons: bitcoin, Marion Laboure, Deutsche, Laboure, Michael Bloom Organizations: Deutsche Bank, Securities and Exchange Commission, Binance, SEC Locations: London, U.S, Europe, FTX

☆ ‘Griselda’ sees Sofia Vergara transform into female drug kingpin Griselda Blanco
▼ + stars: | 2024-01-23 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —The title might be “Griselda” and the promotion all about Sofia Vergara, but this limited series devoted to a real-life drug kingpin could easily be dubbed “Narcos,” Season 4. After a title card in which Pablo Escobar offers an admiring quote, “Griselda” opens with its frantic title character, Griselda Blanco, fleeing from Medellin to Miami with her three sons. Vergara dons enough makeup to render her considerably less glamorous than her “Modern Family” image, although early accounts calling her “unrecognizable” must be from people who don’t know what Sofia Vergara looks like. Still, as the series spans years and various crises, “Griselda” becomes the least compelling – albeit unintended – addition to the “Narcos” universe, a solid but almost by-the-numbers exercise. Chalk that up in part to the fact that in both TV and the drug trade, the product doesn’t always deliver as much of a kick if you hit the same stuff too often.

Persons: Griselda ”, Sofia Vergara, Pablo Escobar, “ Griselda ”, Griselda Blanco, Griselda, Carmen, Vanessa Ferlito, Vergara, Juliana Aidén Martinez, “ Narcos, Eric Newman, Andrés Baiz Organizations: CNN, Sofia, Netflix Locations: Medellin, Miami

☆ Elon Musk blames 'spam/scam bot' for some pictures on X being labeled 'graphic content'
▼ + stars: | 2024-01-22 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Some images on X were labeled as "graphic content" due to a "scam bot," Elon Musk said. It's the latest technical problem to hit X since Musk took control of the social media site. The social media site said numerous posts were "incorrectly labeled" as "sensitive media" in the latest technical problem, which Elon Musk blamed on a "spam/scam bot." pic.twitter.com/hpvzMBPwxS — Josiah Kennealy (@JosiahKennealy) January 21, 2024Musk acknowledged the issues in an X post , writing that "an X spam/scam bot accidentally flagged many legitimate accounts today. We've fixed the underlying issue and are now working to remove labels from impacted posts," X said.

Persons: Elon Musk, Musk, —, hpvzMBPwxS, Josiah Kennealy Organizations: Service

☆ Bitcoin was up 155% in 2023—but should you invest? Here's what experts say
▼ + stars: | 2024-01-22 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Cryptocurrency investors spent much of 2023 waiting for good news. By the time news broke on Jan. 10 that 11 new bitcoin ETFs would begin trading, crypto investors were taking a victory lap, having bid the coin's price up by 155% in calendar year 2023. "They don't have the ability to put these bitcoin ETFs into client discretionary portfolios, yet," Sigel says. Expect more new crypto ETFs, too — and in different flavors. Experts say these might be as simple as portfolios that combine bitcoin exposure with mainstream investments, such as those in the S&P 500.

Persons: —, Brian Vendig, That's, Matthew Sigel, Sigel, Todd Rosenbluth Organizations: SEC, stoke, MJP Wealth Locations: Westport , Connecticut

☆ How our banks Morgan Stanley and Wells Fargo performed against peers this earnings season
▼ + stars: | 2024-01-22 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Here's how our financial names, Morgan Stanley and Wells Fargo, stacked up against their peers. Morgan Stanley reported a fourth-quarter exceeded estimate on adjusted earnings-per-share (EPS) of $1.13, excluding a few one-time charges. MS YTD mountain Morgan Stanley (MS) performance year-to-date On earnings day last week, Morgan Stanley shares came under pressure on CEO Ted Pick's conservative macro outlook and the firm's Wealth Management number. Money center banks Then, there are money centers and traditional lenders like Wells Fargo and JPMorgan Chase . Overall, the quarter didn't discourage our long-term bull case on Wells Fargo as a multiyear recovery play.

Persons: Morgan Stanley, Wells, Morgan, Goldman Sachs, Ted Pick's, Jim Cramer, Jim, Morgan Stanley's, David Solomon, Jim mulled, we're, Wells Fargo's, We're, Jamie Dimon, Jim Cramer's, Brendan Mcdermid Organizations: Valley Bank, Management, Investment, Federal Deposit Insurance Corporation, Institutional Securities, Wealth Management, Investment Management, firm's Wealth, Investment Banking, Goldman's Investment, JPMorgan Chase, JPMorgan, CNBC, Traders, New York Stock Exchange Locations: Valley, Wells Fargo, Wells, Republic, New York City, U.S

Boilermakers coach Matt Painter said afterward game management personnel need to be better prepared to protect athletes caught up in the commotion. Of the six major basketball conferences, four fine host schools for failure to keep fans off the court. The second offense brings a public acknowledgement of an institutional problem. The Big 12 fined UCF $25,000 for a court-storming following an upset of Kansas in a men’s game Jan. 10. So we’re struggling in our conference with that.”Painter said schools need to take steps to keep order, whether it's roping off the court or creating a greater police presence.

Persons: Caitlin Clark, Matt Painter, “, Don’t, Scott Markley, ” Jan Jensen, Iowa's, Clark, —, ” Jensen, Markley, ” Markley, Matt Rhule, we’ve, ” Painter, we’re, ”, Pat Graham Organizations: Ohio State, Nebraska, Purdue, Boilermakers, ACC, Big, Associated Press, UCF, Southeastern Conference, South, Northwestern, Wildcats, AP, womens Locations: Iowa, Columbus, Lincoln, Kansas, South Carolina, Nebraska, Colorado

☆ Opinion: Our possibly short national nightmare
▼ + stars: | 2024-01-21 | by ( Richard Galant | ) edition.cnn.com time to read: +19 min

“My fellow Americans, our long national nightmare is over,” President Gerald Ford said. “Our campaign is the last best hope of stopping the Trump-Biden nightmare,” the former UN ambassador said. If not, it won’t be as protracted a “national nightmare” as the two-year-long Watergate scandal that put Gerald Ford in the Oval Office. Though, depending on your point of view, the real nightmare could begin after the swearing-in. Yet, John Avlon wrote, Trump and some members of the House GOP, want to tank an emerging compromise in the Senate that would couple border security measures with aid to Ukraine.

Persons: CNN —, Richard Nixon, “, Gerald Ford, Ford, Gerald Ford’s, Nikki Haley, Joe Biden, Donald Trump, Clay Jones, we’ll, Haley, MAGA, ”, Frida Ghitis, Trump, ” Haley, ” Trump, Patrick T, Brown, Daniel McCarthy isn’t, Donald Trump’s, Ron DeSantis, Vivek Ramaswamy, ” Nick Anderson, Biden isn’t, Dean Phillips, Cupp, Biden, ” Dana Summers, Karen Finney, Robert E, Lee, ” Finney, ’, Keith Magee, Julian Zelizer, Trump Samuel L, Adams, King David Border, Adolf Hitler, “ Mein, Paul Moses, Edward Alsworth Ross, Moses, Ross, … ”, — Hitler’s, It’s, who’ve, John Avlon, Scott Stantis, Mike Johnson, Alice Driver, Greg Abbott’s, Jean Carroll, Bill Bramhall, News Trump, Carroll, Danielle Campoamor, “ Carroll, —, she’s, Shawn Crowley, Robert C, Gottlieb, ” “, Jack Ohman, Gerald Auten, David Splinter, Jordan McGillis, Thomas Piketty, Emmanuel Saez, Gabriel Zucman, McGillis, Melissa Kearney, ” Elise Gould, Josh Bivens, ” Elisabeth Kendall, Peter Bergen, ” Kendall, Sheena McKenzie, Izzeldin Abuelaish, Peter Rutland, Israel ’, Nafees Hamid, Walt Handelsman, Sara Stewart, Katherine Heigl, Jill Filipovic, Jeremy Allen White, J, Chen, Suzanne Nossel, Jade McGlynn, Holly Thomas, Estee Lauder, mascara, don’t, ” Thomas Organizations: CNN, Netflix, Trump, Biden, UN, New, Republican, Florida Gov, South Carolina Gov, GOP, Democratic, New Hampshire, Agency, Aggression, CNN Town Hall, American Sociological Association, ”, ified GOP, Texas Gov, News, Brookings, Social, Administration, US, Cambridge University’s Girton College, Wesleyan University, Palestine, Times Locations: Republic, Iowa, New Hampshire, Minnesota, New, Virginia, North Carolina, mealtimes, curriculums, America, Ukraine, New York, Manhattan, Yemeni, Red, Gaza, Israel, Americas

☆ Trump Tries to Turn the G.O.P. Race Into a Vice-Presidential Casting Call
▼ + stars: | 2024-01-21 | by ( Michael C. Bender | Michael Gold | ) www.nytimes.com time to read: 1 min

Donald J. Trump has won just a single nominating contest, but his potential running mates already outnumber his presidential rivals on the campaign trail. As he pursues a victory over Nikki Haley in New Hampshire that would send him on a glide path to the nomination, Mr. Trump seems to be holding casting calls for possible vice-presidential contenders onstage at his rallies and at other events. His goals are clear: Show off the sheer breadth of his institutional support in the Republican Party. On Friday alone, Senator Tim Scott of South Carolina, Senator J.D. Vance of Ohio and Representative Elise Stefanik of New York rallied supporters for him.

Persons: Donald J, Trump, Nikki Haley, Tim Scott of, J.D, Vance of Ohio, Elise Stefanik, Stefanik Organizations: Republican Party, New York Locations: New Hampshire, Tim Scott of South Carolina, New

☆ A short-seller who gained over $66,022 in December with a win ratio of 95% shares the 3 red flags that helped him evade short squeezes and led him to have one of his best months
▼ + stars: | 2024-01-21 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

And these short sellers pile up on top of each other with their biased opinions," Capablanca said. But because of the increased number of short sellers, a stock can blow past that and remain elevated over multiple days. So even if the market seems dead, nothing is there to trade, they will force a trade," Capablanca said. This rule helped him avoid Vivos Therapeutics (VVOS), a stock that many short sellers he knew tried to short. Such an outcome could lead to a continued elevated price, driving short sellers out for weeks, he said.

Persons: David Capablanca, lockdowns, Capablanca, it's, POL Organizations: Capablanca, Guardian, Yahoo, Traders, Therapeutics, Yahoo Finance, shorting C4 Therapeutics

☆ Trump is headlining a South Carolina rally with state GOP leaders to depict Haley's support in her home state as wafer thin, report says
▼ + stars: | 2024-01-20 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Trump's campaign aimed to rally support among GOP officials in S.C. early in the primary season. Early last year, Trump sought to showcase his strength in South Carolina, the home state of Republican presidential candidate and former Gov. Pamela Evette and South Carolina Attorney General Alan Wilson are also planning to attend to event, among other top GOP officials, per The Times. Haley does have some institutional support among South Carolina Republicans, with Rep. Ralph Norman and former South Carolina Republican Party chair Katon Dawson backing her campaign, among others. But the former UN ambassador is banking on a robust showing in New Hampshire on Jan. 23, along with a strong performance in South Carolina, in order to remain viable ahead of Super Tuesday.

Persons: Donald Trump, Nikki Haley, Haley, —, Trump, Tim Scott, Henry McMaster, Sen, Lindsey Graham, Gov, Pamela Evette, Alan Wilson, Ron DeSantis, Joe Biden, Ralph Norman, Katon Dawson Organizations: New York Times, Service, GOP, Republican, White, Columbia, Gov, South, The New York Times, Carolina GOP, McMaster, South Carolina, Times, Florida Gov, South Carolina Republicans, South Carolina Republican Party, UN Locations: S.C, New Hampshire, South Carolina, Carolina, Iowa

☆ Spot bitcoin ETFs are taking Wall Street by storm. Experts say options are next
▼ + stars: | 2024-01-20 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

Exchange-traded fund experts anticipate spot bitcoin ETFs, which debuted this month, to spark a new wave of crypto products. Cboe Global Markets' Catherine Clay believes options are a natural progression for bitcoin ETFs. The Cboe, the largest U.S. options exchange, filed with the SEC on Jan. 5 to offer options linked to bitcoin exchange-traded products. "Folks who might not have been traditionally speculating on crypto directly in the crypto ecosystem are now going to have something to play with." "If what happens in bitcoin is what's happened in single stocks, we're going to see retail in particular and a lot of institutions move towards zero days to expiration options trading on bitcoin itself," he said.

Persons: Catherine Clay, Dave Nadig, Nadig, they're, Cboe's Clay, let's Organizations: Cboe, SEC Locations: U.S, bitcoin

☆ Googlers are realizing layoffs are 'just business' — and they're starting to fight back
▼ + stars: | 2024-01-19 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Pushing back against Google leadersIn response to the most recent wave of cuts this week, Google software engineer Diane Hirsh Theriault took to LinkedIn to vent about Google's leadership. "We're continuing to support any impacted employees as they look for new roles here at Google and beyond," Google said. Though he acknowledged one director followed up with him after the news, he has "harbored a lot of anger and frustration at Google's leadership" over the way layoffs have been handled since January 2023. AdvertisementThat's probably a pretty tough thing to accept for Google workers aggrieved by the layoffs.

Persons: —, Larry Page, Sundar Pichai, Googlers, Diane Hirsh Theriault, RSVP, hiZPDomas5, Stephen McMurtry, Kenneth Smith, Gergely Orosz, Smith, Orosz Organizations: Service, Google, Business, Big Tech, LinkedIn, Alphabet Workers, Alphabet Workers Union Locations: Mountain View, New York

But one topic dominating a lot of discussion among U.S. business leaders and policymakers has been largely missing from the official agenda: rising antisemitism after the Oct. 7 Hamas-led attacks on Israel. Only one panel to discuss the topic is on the agenda out of the forum’s hundreds of presentations. The panelists at the session this afternoon include Doug Emhoff, the husband of Vice President Kamala Harris; Michal Herzog, the wife of Israel’s president; and Jonathan Greenblatt of the Anti-Defamation League. (Isaac Herzog, Israel’s president, spoke this morning.) “I’m disappointed that there isn’t more of a conversation about antisemitism here,” Leon Kalvaria, the chairman of Citigroup’s Institutional Clients Group and a longtime Davos attendee, told DealBook.

Persons: Doug Emhoff, Kamala Harris, Michal Herzog, Jonathan Greenblatt, Isaac Herzog, “ I’m, ” Leon Kalvaria, DealBook, ” Organizations: Economic, Defamation League, Group Locations: Davos, Switzerland, Ukraine, U.S, Israel

☆ John Fetterman Endorses Andy Kim in High-Stakes New Jersey Senate Primary
▼ + stars: | 2024-01-18 | by ( Annie Karni | ) www.nytimes.com time to read: +1 min

Senator John Fetterman of Pennsylvania is endorsing Representative Andy Kim of New Jersey in the primary to unseat Senator Bob Menendez, the embattled veteran Democrat who is under indictment in a federal corruption case, taking the rare step of wading into a high-stakes intraparty fight to oust a colleague. Mr. Fetterman, the harshest Democratic critic of Mr. Menendez in Congress, who has repeatedly called on him to resign, is the first sitting senator to endorse any candidate in the race. Ms. Murphy has locked up much of the institutional support in a state where county leaders hold enormous power in primary campaigns, but has struggled to gain grass-roots traction. Mr. Kim is leading by double digits in some recent polls. In an interview, Mr. Fetterman said that he was “enthusiastic” about Mr. Kim and that Ms. Murphy’s political background — she changed her party affiliation from Republican to Democrat only in 2014 — gave him pause.

Persons: John Fetterman of, Andy Kim of, Bob Menendez, Mr, Fetterman, Menendez, ” Mr, Kim, Donald J, Trump, Tammy Murphy, Murphy, — Organizations: Republican, Democrat Locations: John Fetterman of Pennsylvania, Andy Kim of New Jersey, New Jersey

"When you see the news of a Wall Street employee or any highly paid professional dying this way, it obviously wakes you up." Wall Street is all about relationships, which often means spending big money to show people a good time. "That's been the Wall Street playbook for many, many years, and I don't think it has changed." On the other side of the coin is Wall Street, where a history of drug use can haunt working professionals for years. AdvertisementLaird thinks Wall Street firms could learn a thing or two from other industries when it comes to their response to addiction.

Persons: Rudy Giuliani, It's, Joe, I'm, Anna Lembke, Streeters, biohacking, Wall, couldn't, Rudolph Giuliani, Getty John Battaglia, Spear, Goldman Sachs, " Battaglia, Goldman, Adderall, Jaime Blaustein, Blaustein, Sylvia Brafman, Zyn, who's, JAMES ARTHUR GEKIERE Denise Shull, hasn't, Shull, —, Artur Widak, they've, Ray Donovan, AGNES BUN, Battaglia, Ross Peet, Betty, Lembke, Leonardo DiCaprio, Paramount Pictures Trey Laird, Laird, Trey, That's, Peet Organizations: Business, New York Times, Wall, psychedelics, Stanford, Addiction, Mental Health Services Administration, Bettmann, Leeds, Kellogg, Sylvia Brafman Mental Health, BI, Citadel, Getty, National Institute on Drug Abuse, Credit Suisse, Traders, Bank of America, New, Betty Ford Foundation, Street, Paramount Pictures, Needham & Co, Treatment, Industry Locations: Manhattan, New York, Brussels, Silicon Valley, California, Arlington , Virginia, New York City, Bank, New Canaan , Connecticut

☆ What’s in Our Queue? ‘Armchair Expert’ and More
▼ + stars: | 2024-01-17 | by ( ) www.nytimes.com time to read: 1 min

There’s no bad time to rewatch “The Wire,” something I make a point of doing every few years. I’ve heard all about how some can’t get into the show after consuming the first couple of episodes. Force yourself, if you have to. The reward is a show that unveils institutional failure in a way never done before. (I’m the author of an oral history of the series.)

Persons: rewatch, I’ve Organizations: Force

☆ Don't worry if you didn't get accepted early decision, an admissions expert says — you could still end up at your dream college
▼ + stars: | 2024-01-17 | by ( Steve Gardner | ) www.businessinsider.com time to read: +6 min

I'm a college-admissions expert; students panic when they don't get accepted during early decision. AdvertisementHere's what you need to know if you or your kid didn't get accepted during early decision. For many schools, institutional needs come firstMany colleges admit a higher percentage of applicants during early decision than in the regular decision round. Let's say a favorite college has a 10% acceptance rate during early decision but only a 5% acceptance rate during the regular decision period. You never know what institutional priorities a college has when reviewing your application.

Persons: I'm, —, didn't, they'll, let's Organizations: Service, Harvard, Princeton, Yale

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