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☆ A real-estate investor who started with 2 single-family houses and leveraged their debt to scale to over 2,400 rental units shares 4 tips he and his partner used to maximize cash-out refinances to pur
▼ + stars: | 2023-05-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

The cash was then used to purchase then next set of investment properties. Whitmore and his now business partner, Joel Thompson, saw a newspaper ad for two run-down single-family houses in Tulsa, Oklahoma. Whitmore scraped the cash from two tax refunds, buying and selling used watches, and an $8,000 loan from his parents. The rental income is used to pay back the loan or mortgage, while the cash is put towards purchasing the next property. But for a $50,000 house, Whitmore says you can spot structural issues just by looking for cracks in the interior walls or in the exterior brick.

☆ Taking on the F.B.I., Trump Allies Single Out a Former Agent
▼ + stars: | 2023-05-18 | by ( Adam Goldman | ) www.nytimes.com time to read: +1 min

agent, Timothy R. Thibault reeled in big names while investigating public corruption, sending two Democratic congressmen to prison and overseeing sensitive inquiries into the Clinton Foundation and the former governor of Virginia, Terry McAuliffe, another Democrat. In their casting, Mr. Thibault, who retired last year, is the face of bias and misconduct at the bureau. Powerful Republican lawmakers, including Representative Jim Jordan and Senator Charles R. Grassley, demanded that Mr. Thibault testify before their committees. official, Mr. Jordan’s panel in a news release last year denounced Mr. Thibault as “public enemy No. 1.”But his story is more complicated than Republicans have made it out to be.

☆ Opinion | How to Use the Debt Ceiling to Inflict Cruelty on the Poor
▼ + stars: | 2023-05-17 | by ( David Firestone | ) www.nytimes.com time to read: +3 min

In 2021, 61 percent of the 25 million people on Medicaid were working in full- or part-time jobs. The bill would also require many adults 19 to 55 to work 80 hours a month to receive federally subsidized health coverage from Medicaid. Republicans couldn’t repeal the act through the front door, so they are using the leverage provided by the debt ceiling to try to achieve their ideological aim. It’s been clear for years that these kinds of work requirements don’t actually put people back to work; they just pry people away from the benefits they need. In 2018, Arkansas became the first state to impose very similar work requirements on Medicaid, before a federal judge ended the experiment the next year.

☆ JPMorgan is watching: How the nation's largest bank keeps tabs on its workforce — from their office attendance to emails and Zoom calls
▼ + stars: | 2023-05-17 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +5 min

JPMorgan is calling employees back to the office — and keeping tabs on attendance. This has reignited a conversation about the bank's surveillance of its employees. They explained how the bank tracks everything from office attendance to time spent on Zoom calls and composing emails. Many of the JPMorgan employees Reed spoke to said their surveillance made them feel untrusted by their bosses. Inside the little-known tool that gives JPMorgan Chase the power to collect data about everything its employees do at work

☆ At Cannes, independent film firms optimistic as streamers stumble
▼ + stars: | 2023-05-17 | by ( Miranda Murray | Thomson Reuters | Speed Editor On The Berlin Hub Who Provides General Coverage On Everything Politics To Energy In Germany | ) www.reuters.com time to read: +4 min

CANNES, May 17 (Reuters) - Independent film companies facing a market upended by the entry of streaming services are showing some optimism heading into this year's Cannes Film Festival as the Netflix era has begun flattening out and audiences start trickling back into cinemas post-pandemic. Cannes may make headlines for its glitz and glamour, but as the world's largest event for buying and selling movie rights, its importance to the industry is unparalleled. "It's a transitional time on the business side as the traditional business model that independent buyers use sees lessened value," said O'Shea. The similarity among much of the content offered on streaming platforms leaves theatre audiences wanting something different, an unmet appetite that independent companies could fulfil, he said. "Something good is happening, and I'm sure other streaming services will follow suit," Cannes Film Festival director Thierry Fremaux said in an interview with Le Film francais magazine in April.

Trademark Office to cancel two smaller rivals' "Taco Tuesday" trademarks in what the largest Mexican fast-food chain in the U.S. called a bid to "liberate the phrase for restaurants nationwide." Taco Bell's petitions said the trademarks, owned by Gregory's Restaurant & Bar in New Jersey and Wyoming-based Taco John's in the rest of the country, wrongly monopolize the use of the phrase in the restaurant industry. "Nobody should have exclusive rights in a common phrase," the petitions said. Representatives for Taco John's, whose "Taco Tuesday" trademark registration dates to 1989, did not immediately respond to a request for comment on the petitions. The office last year cited similar reasons for rejecting a brewery's bid for a federal "Taco Tuesday" mark covering beer.

Kevin Lambert grew up in North Carolina in the 1980s, and first visited his mother's native South Korea in 2000. Courtesy Kevin LambertIt might seem an odd desire given many have never set foot in South Korea. But life in South Korea brings its own challenges – and many eventually return to the US. For Kim, it’s a relief to be back in South Korea, where the safety is “100% better.”“I plan to live (in South Korea) until I die,” he said. “If South Korea today was as impoverished as it was when I left, why would I return?” he said.

Our experts choose the best products and services to help make smart decisions with your money (here's how). As a child, my grandmother used to give my sister and me a quarter when she came to visit. That rebuke unconsciously taught me I shouldn't ask for money, and it held me back for years. My mother, utterly mortified, sent me to my room with the stern admonishment that asking for money was not polite. I found it was as difficult to accept money as it was to ask for it, especially if it happened to be a gift.

☆ Wellness travel is rising among a particularly weary group of travelers — parents
▼ + stars: | 2023-05-10 | by ( Monica Pitrelli | Morgan Awyong | ) www.cnbc.com time to read: +6 min

But a new survey shows parents increasingly want in on a trend that isn't often aimed at families: wellness travel. The data showed an emerging picture of family travel — one in which parents may be starting to prioritize their own needs alongside those of their children. Traveling for physical health is up eight points among parents since last year, said Lindsey Roeschke, travel and hospitality analyst at Morning Consult. Planning a wellness family vacationThough some wellness resorts only allow adults, places like The Farm at San Benito welcome guests of all ages. Planning your own wellness tripRather than a resort stay, parents can plan their own wellness trips based on their interests.

☆ Premarket stocks: Wall Street is strangely calm about the debt ceiling. That could change this month
▼ + stars: | 2023-05-10 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn’t lifted soon abound. The debt ceiling crisis of 2011 caused Standard and Poor’s to downgrade US debt for the first time in history. Schwenkler says to expect “a lot more volatility” if debt ceiling issues don’t appear resolved by the last week of the month. By contrast, recovery from a debt-default crisis would likely start the day Congress, belatedly, suspended the debt ceiling,” he added. “A misstep over the debt ceiling would subject businesses and consumers to an economic shockwave,” he added.

☆ Inflation headwinds still present in labor and specialized material, says Edgewell Personal Care CEO
▼ + stars: | 2023-05-10 | 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 EmailInflation headwinds still present in labor and specialized material, says Edgewell Personal Care CEORod Little, Edgewell Personal Care CEO, joins 'Squawk on the Street' to discuss the Little's vantage point on the consumer, where prices go from here on consumer staple products and the Edgewell's acquisition of Billie, Inc.

☆ How El Chapo’s sons built a fentanyl empire poisoning America
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +23 min

Headed by Iván, El Chapo’s oldest son, the siblings have emerged as key figures in the Sinaloa Cartel, U.S. and Mexican anti-narcotics officials said. But he was killed in 2008 in Culiacán in a hail of bullets amid infighting between warring factions of the Sinaloa Cartel. The agency in April placed Iván on the list of its 10 Most Wanted Fugitives, joining Jesús Alfredo and Ismael “El Mayo” Zambada, a Sinaloa Cartel legend and El Chapo’s alleged former business partner. They also kidnapped eight soldiers and surrounded military housing where wives and children of Mexican soldiers lived, Mexican officials said. Despite that blow to the Sinaloa Cartel, fentanyl keeps flowing north.

☆ Halle Bailey 'honored' to play Ariel in 'Little Mermaid' remake
▼ + stars: | 2023-05-09 | by ( Rollo Ross | ) www.reuters.com time to read: +2 min

[1/3] Cast member Halle Bailey attends the premiere of the film "The Little Mermaid" in Los Angeles, California, U.S., May 8, 2023. REUTERS/Mario AnzuoniLOS ANGELES, May 9 (Reuters) - Black American singer Halle Bailey has said she was "honored" to play Ariel in the live action remake of "The Little Mermaid", adding she hoped to inspire children of colour with the new iteration of the beloved Disney animation. "It's so important for little girls to see themselves in things, in movies, in representation," said Awkwafina (Nora Lum), who voices the seagull Scuttle. The film's premiere took place amid a nearly week-long strike by thousands of film and television writers in Hollywood. Reporting by Rollo Ross; Writing by Rollo Ross and Marie-Louise Gumuchian; Editing by Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

☆ Joel Embiid's 'improbable' journey from newcomer to NBA MVP
▼ + stars: | 2023-05-09 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +11 min

“He’s the biggest film nerd there is in the NBA,” Hanlen laughs. The ultimate scorerDespite his ‘Joel Troel’ alter-ego, Embiid’s approach to the game shows he is everything but a joker who fools around. Speaking after being named MVP, Embiid said: “I’d say the biggest key of it is, obviously, I’m all about family. Arthur is named after Embiid’s late brother who passed away shortly after the 2014 NBA Draft. But improbable doesn’t mean impossible.”Hanlen then summed up Embiid’s overall approach by saying: “I would just say he’s obsessed with greatness.

☆ Scarlett Johansson is a full-fledged Disney adult despite that lawsuit
▼ + stars: | 2023-05-09 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Scarlett Johansson may have sued Disney in 2021 for breach of contract, but the “Black Widow” star still is – and always has been – a full-fledged Disney adult. (A Disney adult can be defined in many ways depending on one’s level of fandom, but the term tends to refer to a grown person that is a dedicated Disney fan.) “We had annual passes to Disney World, and I have a real passion for the Disney parks,” Johansson said, adding that the obsession with Disney began when her family lived in Florida for two years when she was younger. The star even said her dream job is to have a “corner office” on the Disney studio lot when she appeared on Bruce Bozzi’s “Table for Two” podcast in 2022. Johansson sued the studio in 2021, alleging Disney breached her contract by releasing “Black Widow,” a 2021 Marvel film she starred in, on home streaming platform Disney+ the same day it was released in theaters.

☆ Weird and wonderful trains that break the rules
▼ + stars: | 2023-05-08 | by ( Ben Jones | ) edition.cnn.com time to read: +14 min

Here’s a selection of unusual railways that break the rules in order to reach the places other trains can’t roll. The single rails carrying the trains are supported by a series of 486 steel portals weighing almost 20,000 tonnes in total. It is the oldest continuously operating pier railway in the world. Six miles of the route are along a rural railway line, with the rest in bus mode. Katoomba Scenic Railway, AustraliaNot far from the wonderful city of Sydney is a railway experience unlike anything else in the world.

☆ More than 24,000 people evacuated in Western Canada as 103 wildfires burn
▼ + stars: | 2023-05-06 | by ( Mirna Alsharif | ) www.cnbc.com time to read: +4 min

Over 24,000 residents throughout Western Canada have been ordered to evacuate their homes to escape active wildfires in the province of Alberta. Smith activated the Emergency Management Cabinet Committee in response to the wildfires, which has been meeting daily since Friday. All options are on the table, including declaring a provincial state of emergency, Smith added. Fourteen counties and communities have declared states of local emergency, including Brazeau, Grande Prairie, Parkland and Lac Ste. Anne counties, as well as the Beaver Lake Cree Nation.

☆ Summer movie preview 2023
▼ + stars: | 2023-05-05 | by ( Dan Heching | ) edition.cnn.com time to read: +12 min

CNN —Most moviegoers can pinpoint one summer movie – or perhaps, a summer of movies – in their formative years that really and truly cemented their love for going to the cinema, whether it be 1975’s “Jaws,” “E.T. And while streaming has clearly siphoned off part of the audience, particularly for more serious films, what we think of as “summer movies” still have the potential to rake in cash just like the old days. (CNN and DC are both part of the same parent company, Warner Bros. Courtesy Warner Bros. PicturesInitially meant for streaming platforms, this vehicle will herald the cinematic arrival of DC Studios’ first Latino superhero, played by Xolo Maridueña of “Cobra Kai” and “Parenthood” fame. If the fast-paced trailer is any indication, the movie looks sure to whisk those dog days of summer doldrums away quite nicely.

WASHINGTON, May 4 (Reuters) - Philippines President Ferdinand Marcos Jr said on Thursday that granting U.S. access to Philippine military bases was a defensive step that would be "useful" if China attacked Taiwan. Marcos told Reuters the Enhanced Defense Cooperation Agreement (EDCA) reached with the United States in 2014 was originally conceived to improve disaster responses. Marcos said Washington "has not proposed any kind of action for the Philippines in terms of taking part in the defense of Taiwan." Biden said on Monday that the U.S. commitment to the defense of its ally was "ironclad," including in the South China Sea, and that the guidelines issued on Wednesday laid out treaty commitments if either side were attacked in the South China Sea. He said the patrols would help preserve freedom of navigation in the South China Sea, where China has a growing military presence.

☆ Fire and flood: Record spring heat forces evacuations across western Canada
▼ + stars: | 2023-05-05 | by ( Nia Williams | ) www.reuters.com time to read: +1 min

May 5 (Reuters) - A week of record hot weather in western Canada has forced thousands of people to evacuate their homes, as wildfires rage in parts of Alberta and rapid snow melt triggers flooding across interior British Columbia. Until last week western Canada had been enduring a cold spring but the rapid onset of unseasonably high temperatures, in places 10C above the average for early May, is triggering both fires and flooding. In British Columbia, the flooding is expected to worsen over the weekend with heavy rain forecast across the south of the province. "Peak river levels are expected on Saturday through Monday," British Columbia's River Forecast Centre said in a flood warning issued late Thursday. Reporting by Nia Williams in British Columbia; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

☆ 3 Quick Breakfast Waffles That Meet You Where You Are
▼ + stars: | 2023-05-05 | by ( Yewande Komolafe | ) www.nytimes.com time to read: +1 min

The savory waffle is a delightful blend of strong flavors: sesame, scallion, sharp cheese toasted until golden brown. The chocolate waffle — for true chocolate lovers — is intensified by unsweetened cocoa powder. It’s for your breakfast or brunch plate, but can double as a sweet snack with coffee or a dessert topped with whipped cream and berries. Aṣa loves making waffles but won’t eat them unless chocolate is the central ingredient. My 1-year-old, Midé, will eat anything, but what she loves most is making epic messes.

☆ AMC earnings a hit on Wall Street as 'Ant-Man' attracts more moviegoers
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +2 min

May 5 (Reuters) - AMC Entertainment Holdings Inc (AMC.N) beat Wall Street estimates for first-quarter revenue on Friday, as a string of hit films including the latest installment of Marvel's "Ant-Man" drove more moviegoers to theaters. Shares of the Leawood, Kansas-based company, which operates over 900 theaters globally, rose nearly 4% in trading before the bell. AMC has been trying different combinations to attract audiences to its theaters, including options where moviegoers can choose different seating options to meet their viewing preferences. Revenue for the quarter was $954.4 million, compared with analysts' expectation of $948.5 million, according to Refinitiv IBES data. Reporting by Tiyashi Datta and Yamini Kalia in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ Nightmare in Sudan: African expats struggle to find way out
▼ + stars: | 2023-05-04 | by ( Macdonald Dzirutwe | ) www.reuters.com time to read: +6 min

Thousands piled into buses and trucks for the 800 km (500 miles) journey by road from Khartoum to Port Sudan on the Red Sea to board ships. He had to wait four more days for transport to Port Sudan, an overnight trip. After a week, word reached them that there would be transport leaving from their embassy for Port Sudan. RSF fighters stopped the family along the way but let them pass when he said he was looking for food for his son. From Port Sudan, they travelled via cargo ship to Saudi Arabia.

☆ Wells Fargo is pushing for quantity over quality in its private bank
▼ + stars: | 2023-05-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Which brings us to a fantastic story about Wells Fargo's decision to reorganize how it serves its ultra-rich clients. And while many understood some changes were necessary, nearly everyone agreed the bank didn't go about it the right way. Read more about Wells Fargo's chaotic reorganization of its private bank. It's the latest move in what has been an active 12 months for the bank's tech division. The accounting firm had signed off on financial statements from Silicon Valley Bank, Signature Bank, and First Republic, the Financial Times reports.

☆ A 30-year-old part-time real estate investor brings in up to $20,000 a month from Airbnb. She shares 3 strategies she used to start making money on the platform in less than a year.
▼ + stars: | 2023-05-04 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Real estate investor Julia Lemberskiy brings in up to $20,000 a month in Airbnb revenue. The first property that Julia Lemberskiy bought was meant to be a weekend getaway home. "But it got really, really good reviews." The first property Lemberskiy bought was meant to be a weekend getaway. Here are three strategies that Lemberskiy used to hit $20,000 in monthly revenue on Airbnb in less than a year.

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