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☆ I moved from Florida to Seattle. I sold my car and now run everywhere as my commute.
▼ + stars: | 2024-09-16 | by ( Amy Rigby | ) www.businessinsider.com time to read: +5 min

Sure, I could walk, catch a bus, or summon a rideshare (and I often do) — but I prefer to run. When I moved to Seattle in January 2022, I intended to ship my car from Florida once I got settled in. I've run multiple sub-6 miles and a sub-20 5k — and I'm only getting started. Run-commuting brought me connection and communityMore than miles, run-commuting has gifted me with connections I never would've made, conversations I never would've had. I sold my car and kept my run-commuteMy Prius never made it to Seattle.

Persons: —, I've Organizations: Service, Business, Seattle Locations: Seattle , Washington, Seattle, Florida, American

☆ Reskilling and investing in communities are crucial during the AI revolution, IBM's chief impact officer says
▼ + stars: | 2024-09-16 | by ( Julia Hood | ) www.businessinsider.com time to read: +5 min

Justina Nixon-Saintil is IBM's chief impact officer and a member of BI's Workforce Innovation board. This article is part of "Workforce Innovation," a series exploring the forces shaping enterprise transformation. What is the connection to workforce innovation? We also make sure that we're investing in communities that are most vulnerable due to climate change and environmental threats. They're all thinking the same thing: How can we use new technologies to understand all communities better and have a greater impact?

Persons: Justina Nixon, —, Nixon, Saintil, I've, we've Organizations: Service, IBM, CSR Locations: Singapore

☆ Morgan Stanley lays out the stock market's best-case scenario for this week's Fed decision — and 2 areas to buy after the cut
▼ + stars: | 2024-09-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Ideally the Fed will cut rates by a half-point without triggering growth worries, Morgan Stanley says. According to new research from Morgan Stanley, that would be the best possible outcome for stocks. Ahead of the rate cut, Morgan Stanley suggested that investors increase exposure to two stock cohorts that have historically outperformed in similar environments: defensive and high-quality. Defensive stocks include sectors such as utilities and consumer staples — groups that are less reliant on macroeconomic conditions to perform well. Large caps also tend to outperform small caps both before and after the Fed's first rate cut.

Persons: Morgan Stanley, Mike Wilson, —, Morgan, cyclicals, Wilson Organizations: Service, Federal Reserve

☆ The Pre-Market Rundown 2: September 16, 2024
▼ + stars: | 2024-09-16 | 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 EmailThe Pre-Market Rundown 2CNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ Market Open: September 16, 2024
▼ + stars: | 2024-09-16 | 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 EmailNews Update – Market OpenCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ 'Living death' was my dad's nickname for office work. Now I'm in my 40s — and I can see why.
▼ + stars: | 2024-09-16 | by ( Ariel Sophia Bardi | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I'd spent carefree years bouncing around Kyrgyzstan and Lebanon, Sri Lanka and Mexico, India and Armenia. Advertisement"Living death," that's how my philosopher-slash-guitarist father had nicknamed office work. Author's view from hotel overlooking the Bay of Algiers Ariel Sophia BardiA freelance job helped me feel free againI needed to start living again. I make no comparison between their incredible courage and my own infinitely milder risks, which soon included drifting back to freelance work.

Persons: —, I'd, Trump, wasn't, Algiers Ariel Sophia Bardi, warbled, Rai, one's Organizations: Service, Business, Microsoft Locations: Algeria, Palms, Algiers, California, Kyrgyzstan, Lebanon, Sri Lanka, Mexico, India, Armenia, Oran

☆ Mark Cuban says he doesn't plan to run for office when he can make game-changing moves without being president
▼ + stars: | 2024-09-16 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Mark Cuban says he doesn't plan to enter politics. "I can do more from the private sector," Cuban told Goode. AdvertisementBillionaire investor Mark Cuban says he isn't interested in running for office. "No, hell no," Cuban told Wired's Lauren Goode in an interview published Thursday. I can do more from the private sector," Cuban told Goode.

Persons: Mark Cuban, Wired's Lauren Goode, Cuban, Goode, — Organizations: Service, Business

☆ The Pre-Market Rundown: September 16, 2024
▼ + stars: | 2024-09-16 | 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 EmailNews Update – Pre-MarketsCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ The 5 worst states for gender equality — and the 5 best
▼ + stars: | 2024-09-16 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

WalletHub released its ranking of the best and worst states for gender equality in 2024. Utah is the worst state for gender equality. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn June 2024, the World Economic Forum released its "Global Gender Gap Report 2024," which documented the state of gender equality using economic participation and opportunity, educational attainment, health and survival, and political empowerment as its dimensions.

Persons: WalletHub, — Organizations: Utah, Service, Economic, US, Business

☆ What 7 iconic 'Emily in Paris' locations look like in real life, from Emily's apartment to Gabriel's restaurant
▼ + stars: | 2024-09-16 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

Netflix renewed "Emily in Paris" for a fifth season just days after fully releasing season four. As a fan of the show, I've visited seven of its iconic locations while in Paris. From Emily's apartment to Gabriel's restaurant, here's how reality stacked up with the show. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: Emily, I've, —, Emily Cooper's Organizations: Netflix, Service, Business Locations: Paris, Gabriel's

☆ Charter rolls out new Spectrum pricing and internet speeds, aims to 'be a better service operator'
▼ + stars: | 2024-09-16 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +7 min

In addition, Spectrum pledged to give customers automatic credits for internet outages that are out of their control or when the company's customer service doesn't live up to its promises. That's in part because broadband customer growth at providers including Charter and Comcast has struggled, according to the companies' earnings reports. Spectrum Mobile has 8.8 million total lines and has grown rapidly due to enticing promotional deals and increased mobile usage on reliable Wi-Fi networks, the company said. "When I think about Wall Street, I think about the customer," Winfrey said. "If you focus on the customer, provide great customer service, save them money, provide value, then your capital market strategy, your regulatory strategy, all of that just falls into place."

Persons: Christopher L, Winfrey, Chris Winfrey, —, Spectrum, Tom Rutledge, we've, there's, Craig Moffett, Moffett, Robin Alam Organizations: Charter Communications, Communications Charter Communications, CNBC, Spectrum, Time Warner Cable, Bright House Networks, Charter, Comcast, Verizon, Spectrum Mobile, ESPN, Night, San Francisco 49ers, Baltimore Ravens, Getty Locations: U.S, MoffettNathanson, Santa Clara , California

Local governments in China are still building highways, bridges and railways, as pictured here in Jiangxi province on Sept. 6, 2024. That's cutting significantly into local government revenue, especially at the district and county level, according to S&P Global Ratings analysts. watch now"Macroeconomic headwinds continue to hinder the revenue-generating power of China's local governments, particularly as related to taxes and land sales," she said. Jiangsu, Shandong, Shanghai, and Zhejiang — some of China's top provinces in tax and non-tax revenue generation — see non-tax revenue growth exceeding 15% year-on-year growth in the first half of 2024, S&P's Huang said. China's national taxation administration in June acknowledged some local governments had issued such notices but said they were routine measures "in line with law and regulations."

Persons: Huang, P's Huang, Camille Boullenois, Laura Li, Morgan Stanley, Chetan Ahya, Robin Xing Organizations: Getty, BEIJING, Global, CNBC, NingBo BoHui Chemical Technology Locations: China, Jiangxi, Beijing, Zhejiang, NingBo, Jiangsu, Shandong, Shanghai, Asia

☆ Rumors of an Apple 'super cycle' appear to have been greatly exaggerated
▼ + stars: | 2024-09-16 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Apple fans bought an estimated 37 million new iPhone 16s during the first weekend of pre-orders. That's about 12.7% lower than last year's iPhone 15 series first-weekend sales, one analyst said. Investors had speculated the 16, featuring Apple Intelligence, would drive a major upgrade cycle. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . IPhone sales have slipped in recent months, and some analysts have predicted that the iPhone 16 — outfitted with the bells and whistles of Apple Intelligence — would be the smartphone that would drive a massive upgrade cycle.

Persons: —, It's Organizations: Apple, Investors, Apple Intelligence, Service, Business

☆ Bill Gates says this is how he’d start Microsoft again from scratch today: It's a 'fantastic opportunity'
▼ + stars: | 2024-09-16 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

If Bill Gates had to start all over again, he'd join the artificial intelligence arms race with an "AI-centric" startup, he says. "Today, somebody could raise billions of dollars for a new AI company [that's just] a few sketch ideas," the billionaire Microsoft co-founder tells CNBC Make It. Gates researched the AI industry for his upcoming Netflix docuseries "What's Next? But AI will be transformative enough as it grows for any new tech startup to consider how it can fit into that industry, Gates says. "I was lucky that my belief in software made me unique," says Gates, adding: "Just believing in AI, that's not very unique.

Persons: Bill Gates, he'd, Gates, Allen, that's Organizations: Microsoft, CNBC, Google, Nvidia, Netflix, CNN

☆ The Late Morning Rundown: September 16, 2024
▼ + stars: | 2024-09-16 | 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 EmailNews Update – Late MorningCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ FX took a risky bet on 'Shōgun,' a limited prestige series in Japanese. It just won a record-breaking 18 Emmys.
▼ + stars: | 2024-09-16 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

"Shōgun" won 18 Emmys, breaking the record for most wins in one season. The series initially seemed like a risky bet because it was a historical show with a non-English script. Go to newsletter preferences Thanks for signing up! Advertisement"Shōgun" smashed the record for the most Emmy Awards won by a show in one season, once again proving non-English shows are worth investing in. During this year's Emmy Awards ceremonies, "Shōgun" took home 18 awards, beating the previous record of 13 held by the 2008 HBO miniseries "John Adams."

Persons: —, John Adams, Shōgun Organizations: Service, HBO, Disney, Business

☆ I ordered the same meal at STK and Capital Grille. One steak was the best I've ever had, but the other was the opposite.
▼ + stars: | 2024-09-16 | by ( Steven John | ) www.businessinsider.com time to read: +1 min

I ordered a strip steak and a Caesar salad at STK and Capital Grille to compare the chains. STK served one of the best steaks I've ever had, but the meal there was twice as expensive. The Caesar salad at Capital Grille was excellent, but I really wasn't impressed by its steak. Go to newsletter preferences Thanks for signing up! AdvertisementBoth STK Steakhouse, which has 20 locations in the US and a few more overseas, and Capital Grille, which has over 70 locations across the States, Mexico, and Costa Rica, have much to offer their diners.

Persons: Caesar, STK, — Organizations: Service, Business Locations: States, Mexico, Costa Rica, Midtown Manhattan

☆ Inside Amazon's new AI sales machine: More pressure, more pay, more speed
▼ + stars: | 2024-09-16 | by ( Eugene Kim | ) www.businessinsider.com time to read: +11 min

AdvertisementThese AWS staffers were asked to find at least one sales opportunity each month for Q, Amazon's AI assistant, and Bedrock, the company's AI platform. AdvertisementMany AWS sales teams have new performance targets tied to AI products. AdvertisementHitting these goals is important for Amazon employees because that can result in higher performance ratings, a key factor in getting a raise or promotion. The "Find One, Launch One, Ramp One" initiative includes AWS sales architects. More pressure but also more rewardsAmazon is also doling out bonuses and other forms of potentially higher pay for AI sales success.

Persons: —, Matt Garman, salespeople, AWS's, Garman, Microsoft Satya Nadella, Justin Sullivan, Q, hasn't Organizations: Service, North, Business, AWS, Messaging, Amazon, Microsoft, Google, BI, there's, Amazon Connect Locations: North America

☆ Stocks making the biggest moves before the bell: Apple, Intel, Alcoa, Micron Technology and more
▼ + stars: | 2024-09-16 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Apple — The technology stock fell more than 2% following analyst reports that early shipping data may signal softer demand for iPhone 16 Pro models. Intel — The semiconductor stock rose 1.3% before on the bell. Micron Technology — The semiconductor stock slid 2.8% after Morgan Stanley cut its price target by a whopping $40 to $100. ASE Technology — The semiconductor packager added 1.7% on the heels of a Morgan Stanley upgrade to overweight from equal weight. Zillow — The real estate stock rose more than 2% after an upgrade to outperform from neutral from Wedbush.

Persons: Donald Trump, Bausch, Morgan Stanley, Morgan Stanley's, Wells, Ally, downgrades, Zillow, —, Jesse Pound, Sarah Min, Sean Conlon, Samantha Subin Organizations: Trump Media & Technology, Republican, Holdings, Apple, Financial Times, Alcoa, Intel, Bloomberg, Micron Technology, Technology, Colgate, Palmolive, Bank of America, Zillow Locations: California, Wells Fargo

☆ Biden administration awards Intel up to $3 billion under the Chips Act
▼ + stars: | 2024-09-16 | by ( Kristian Burt | In | ) www.cnbc.com time to read: +2 min

The Biden Administration on Monday awarded Intel up to an additional $3 billion under the CHIPS and Science Act for the "Secure Enclave" program which is designed to expand the supply of microelectronics for the U.S. Department of Defense. Intel is building foundry plants in four states as part of its project to increase domestic semiconductor manufacturing for other suppliers. In March, the Biden administration awarded Intel with up to $8.5 billion under the CHIPS and Science Act. Intel CEO Pat Gelsinger, in a recent meeting with Commerce Secretary Gina Raimondo, voiced frustration over the heavy reliance that U.S. companies have on Taiwan Semiconductor Manufacturing, the world's largest contract chipmaker. The company announced in August it would cut 15% of its workforce as part of a $10 billion cost-reduction plan.

Persons: Biden, Pat Gelsinger, Gina Raimondo, Intel's, Chris George, —, Seema Mody, Rohan Goswami Organizations: Biden, U.S . Department of Defense, Intel, CNBC, Taiwan Semiconductor Manufacturing, Department of Defense, Rapid, Microelectronics, United States Locations: United

☆ Mark Cuban says he would buy both Fox News and X if he had an in
▼ + stars: | 2024-09-16 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Mark Cuban says he would take over Fox News and X, formerly Twitter, if he could. Fox News is too expensive and Elon Musk is unlikely to sell X, Cuban told Wired's Lauren Goode. Advertisement"Shark Tank" star Mark Cuban says he would buy Fox News and X if he could. "If I had enough money to do it, which I don't, I'd buy it in a heartbeat," Cuban said of purchasing Fox News. Buying Fox News, Cuban said earlier in his interview, would serve as an antidote to a demographic he calls the "Fox News generation."

Persons: Mark Cuban, Elon Musk, Cuban, Wired's Lauren Goode, — Organizations: Fox News, Elon, Service, Wired, Buying Fox News, Business

☆ Amazon tells employees to return to office five days a week
▼ + stars: | 2024-09-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +12 min

Amazon is instructing corporate staffers to spend five days a week in the office, CEO Andy Jassy wrote in a memo on Monday. The decision marks a significant shift from Amazon's earlier return-to-work stance, which required corporate workers to be in the office at least three days a week. Amazon's headcount totaled 1.53 million employees in the second quarter, representing growth of just 5% from a year earlier. If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits. Before the pandemic, not everybody was in the office five days a week, every week.

Persons: Andy Jassy, they've, Jassy, didn't, Amazon's headcount, it's, we're, I've, we've, It's, Andy Organizations: Amazon, Healthcare, U.S, Puget Sound Locations: NYC, Arlington, Europe

☆ I'm teaching my kids financial literacy and self-compassion. My immigrant parents didn't have the tools to do the same for me.
▼ + stars: | 2024-09-16 | by ( Susanna Semerdzhyan | ) www.businessinsider.com time to read: +5 min

Growing up, I remember my parents using coupons and rain checks, and comparing supermarket ads to find the cheapest options. This is in stark contrast to the way I parent, where my son is an active learner. Related storiesI'm teaching my kids financial literacyI learned minimally about financial literacy but was determined to teach my kids more; I purchased a worksheet by "Teach Kids Money" to teach my son about delayed gratification. Teaching my kids all of these techniques makes me feel guilty, as if the way I parent is a criticism of how my parents raised me. AdvertisementI'm letting the guilt go by embracing the way my parents raised me and enhancing it by providing my children with what I didn't have.

Persons: —, I'm Organizations: Service, Business, Target

☆ Boeing freezes hiring and executives’ first-class travel as massive strike continues
▼ + stars: | 2024-09-16 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +2 min

CNN —With a massive ongoing strike, Boeing is making some temporary cutbacks that could hit non-union staff hard. Boeing Chief Financial Officer Brian West on Monday announced the company is instituting a freeze on hiring and non-essential travel, and it will consider furloughs for employees, managers, and executives. The company is temporarily restricting first-class and business travel, including for Boeing executives – although the company didn’t comment on whether top brass will still be able to use private corporate jets. West’s memo was a direct response to the ongoing strike with the International Association of Machinists and Aerospace Workers union. The company will also reduce charitable contributions, stop catering at Boeing facilities, and pause participation in trade shows and events.

Persons: Brian West, ” West, West, ”, Fitch, Moody’s Organizations: CNN, Boeing, Monday, International Association of Machinists, Aerospace Workers

Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4, 2024. Intel shares jumped 8% in extended trading Monday after the company said it plans to turn its foundry business into an independent unit with its own board and the potential to raise outside capital. Gelsinger said the restructuring would allow the foundry business to "evaluate independent sources of funding," and comes days after Intel's board met to assess the direction and future of the company. The foundry business, which Intel plans to use to manufacture chips for other customers, has been a big drag on its bottom line, with the company spending roughly $25 billion on it in each of the last two years. With a standalone "operating board" and a cleaner corporate structure, the mechanics of a separation become far easier than trying to turn a fully integrated unit into a separate company.

Persons: Pat Gelsinger, Pat Gelsinger's, Gelsinger Organizations: Intel, Nvidia Locations: Taipei, Altera

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