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Read previewA friend recently said that living in Southeast Asia was akin to winning one of Willy Wonka's golden tickets. AdvertisementIt's been 14 years since the author arrived in Southeast Asia. Yet Western media obsessions — US presidential elections and divisive identity politics, to name but two — are not given the same relentless prominence here. I've not lived in Scotland since 2007, and the axis of my life — wife and son, friends, work networks, clients — is almost entirely Asia-orientated. We are heading back to Scotland this July, and I can't wait to catch up with friends and family and show my son Alex the Highlands for the first time.
Persons: , Willy Wonka's, batty, Mr Wonka, Thailand's, It's, Duncan Forgan, kao, he's, Chiang Mai, Alexander, I'm, Alex the Organizations: Service, Business, South, Tamil Nadu, Royal, Alex the Highlands Locations: Southeast Asia, Bangkok, Chinatown, Thai, Jok, Ojo, Thailand, Vietnam, Asia, Pacific, soi, South, Western Australia, Scotland, London
The tour began outside the mansion, where our guide spoke about the three families that owned the property: the Pauldings, the Merritts, and the Goulds. The side of Lyndhurst Mansion. Talia Lakritz/Business InsiderIn 1836, former New York City mayor William Paulding and his wife, New York real-estate heiress Maria Rhinelander Paulding, purchased the land overlooking the Hudson River to build a summer home. In 1864, the Pauldings' son sold the mansion to George Merritt, who made his fortune as the patent holder of a rubber spring used in railroad cars, and his wife, Julia. After her death, Anna left the Lyndhurst estate to the National Trust for Historic Preservation, which manages the site today.
Persons: Talia Lakritz, William Paulding, Maria Rhinelander, Alexander Jackson Davis, George Merritt, Julia, Davis, Jay Gould, Helen Day Miller, Helen Gould, Anna Gould, Anna Organizations: National Trust for Historic Preservation Locations: Lyndhurst, New York City, New York, Maria Rhinelander Paulding, French
The Battle for The Streets of New York
  + stars: | 2024-05-13 | by ( Dodai Stewart | ) www.nytimes.com   time to read: +11 min
New York City streets and sidewalks have always been crowded, but it’s never been like this. But lately, New York City streets are teetering between lively and unlivable. Karsten Moran for The New York Times“I think this could be the catalyst for a streets renaissance in New York,” Janette Sadik-Khan, New York City’s former transportation commissioner, said in a recent interview. New York City’s population reached 8.8 million in 2020, and the New York region is now home to nearly 19 million people. Use this form to tell us what you think about the state of New York City’s streets.
Persons: it’s, Karsten Moran, ” Janette Sadik, , , Susan Lee, William Notman, Jon Orcutt, you’re, , Henry Hale Bliss, Bliss, James Nevius, George Rinhart, Damon Winter, Sadik, Yorkers who’ve, Ms, Khan Organizations: New, Lexington, Verizon, FedEx, The New York Times, Broadway, Getty, Yorkers, Brooklyn baseball, Midtown, Bike New, city’s Department of Transportation, Park West, Times, New York Times, Cycling Locations: New York City, New York, Manhattan, , New York, York, York’s, Midtown —, Bike New York, United States, Holland, Jackson, Queens, Bogotá, Stockholm, London, Paris, Europe,
Traders fear that elevated rates will uphold painfully high borrowing costs for consumers, squeeze corporate profit and weigh down the market. The labor market has stayed strong, consumers have continued spending and stocks have notched repeated record highs. The April jobs report was a welcome sign that the labor market is cooling without cratering. The labor market added just 175,000 positions last month, marking its lowest tally since October 2023 and a sharp cooldown from the upwardly revised 315,000 jobs added in March. First-time applications for unemployment benefits climbed last week to 231,000, the highest level since last August, in another sign that the labor market is cooling.
Persons: , , Jeff Buchbinder, Jerome Powell, ” Powell, April’s, David Russell, Matt Egan, Wally Adeyemo, Read, Diksha Madhok, Narendra Modi, Modi, Mukesh Ambani, Gautam Adani, Ambani, Ji, ” Modi, Rahul Gandhi Organizations: CNN Business, Bell, New York CNN, Federal, Traders, CNN, Fed, LPL, ” Treasury, Treasury, Reliance Industries, Adani, Indian National Congress Locations: New York, Thursday’s, , India
New Delhi CNN —Two of the planet’s richest businessmen are becoming embroiled in India’s increasingly divisive election campaign. “Why has Shahzade Ji stopped talking of Ambani and Adani in this election all of sudden? “How much money have you taken from Ambani and Adani?” he said at the rally. Adani took over NDTV, an influential broadcaster, in 2022, while Ambani owns Network 18, which includes the CNN-News18 TV channel, a CNN affiliate. Billionaire RajIn the last decade, both Ambani and Adani have stunned the world with their success and influence.
Persons: Narendra Modi, Modi, Mukesh Ambani, Gautam Adani, Ambani, Ji, ” Modi, Rahul Gandhi, , Gandhi, Modi ” Gandhi, , Abhinandan Sekhri, Adani, Billionaire Raj, Cassanelli, Jeff Bezos, Hindenburg’s, ferociously Organizations: New, New Delhi CNN, Reliance Industries, Adani, Indian National Congress, Reliance, CNN, India’s, Bank of India, NDTV, Billionaire, Bloomberg, Hindenburg Locations: New Delhi, India, Asia, American
Atlantis, The Royal Atlantis, The Royal: The double-height bar is perfect for sunset cocktails — although you won't be making your own drinks, as there's a 24-hour bartender ready to make your favorites. Atlantis, The Royal Atlantis, The Royal: The triple-height library provides a secluded space to work, read or relax. Atlantis, The Royal Atlantis, The Royal: The entertainment room is kitted out with a 98-inch LED screen for a home cinema experience. Atlantis, The Royal Atlantis, The Royal: Every room has stunning views — including the marble-clad bathrooms. Atlantis, The Royal Atlantis, The Royal: Guests can enjoy designer amenities made by French fashion house Hermès, as well as bespoke gold toothbrushes, combs and brushes.
Persons: Swedish House Mafia —, there’s, , Tom Roelens, There’s, Cabana, Rebecca Cairns, Kendall Jenner, “ We’ve, we’ve, Graff, bathrobes, Jay Z, Louis, Valentino —, , it’s, Estiatorio Milos, Costas Spiliadis, Organizations: CNN, Swedish House Mafia, Royal, Atlantis Resorts, Dolce, Gabbana, cabanas, Atlantis, “ Royal, Nobu, , Chefs, Sky Locations: Dubai, Beyoncé, isn’t, Arabian, Atlantis Royal Dubai
Vladimir V. Putin was inaugurated for a fifth term as president on Tuesday in a ceremony filled with pageantry and a televised church service, as the Russian leader tried once more to depict his invasion of Ukraine as a religiously righteous mission that is part of “our 1,000-year history.”Mr. Putin took the presidential oath — he swore to “respect and safeguard the rights and freedoms of man and citizen” — with his hand on a red-bound copy of Russia’s constitution, the 1993 document that guarantees many of the democratic rights that he has spent much of his 25-year rule rolling back. Mr. Putin claimed his fifth term in March in a rubber-stamp election that Western nations dismissed as a sham. If he serves the full six years of his new term, he will become the longest serving Russian leader since Empress Catherine the Great in the 19th century. “Together, we will be victorious!” Mr. Putin said at the end of a speech after he took the oath in the Kremlin’s gilded St. Andrew’s Hall.
Persons: Vladimir V, Putin, Mr, , ” —, Empress Catherine the Great Organizations: Andrew’s Locations: Russian, Ukraine
Fellow billionaire Gautam Adani, founder of the Adani group, was also invited. Reliance Industries and the Adani Group are sprawling conglomerates worth over $200 billion each, with established businesses in sectors ranging from fossil fuels and clean energy to media and technology. As a result, these three men — Modi, Ambani and Adani — are playing a fundamental role in shaping the economic superpower India will become in the coming decades. Both Adani and Ambani have become key allies as the country embarks on this revolution. “India cannot grow rich before it becomes old on the back of a few big firms like Adani or Ambani,” he said.
Persons: Mukesh Ambani, Mark Zuckerberg, Bill Gates, Ivanka Trump, popstar Rihanna, David Blaine, Ambani, Gautam Adani, Jeff Bezos, , Rohit Lamba, Narendra Modi, — Modi, Adani, Noemi Cassanelli, , John D Rockefeller, Vanderbilt, James Crabtree, Modi, Guido Cozzi, Cozzi, Ambani’s, Dhirubhai, helms, Cantor Fitzgerald, Cantor, ’ Ambani, Amit Dave, Hindenburg’s, ferociously, ” Cantor, Modi’s, Prasanna Tantri, Crabtree, Lamba Organizations: New, New Delhi CNN —, Reliance Industries, Pennsylvania State University, Investors, Adani, CNN, Adani Realty, Frick, Astor, Carnegie, Samsung, Hyundai, World Bank . Coal, University of St, Adani Group, Reliance, Reliance Industry, Adani Enterprises, AEL “, Tata Group, Modi, India’s, Hindenburg, GQG Partners, Indian School of Business Locations: New Delhi, Gujarat, Davos, Coachella, Silicon Valley, India, China, Mumbai, Antilia, America, Asia, Britain, South Korea, Worth, United Kingdom, University of St Gallen, Switzerland, American
For the first time in the history of the United States, billionaires had a lower effective tax rate than working-class Americans. Opinion Guest Essay Make Billionaires Pay (Their Taxes)Until recently, it was hard to know just how good the superrich are at avoiding taxes. Let’s agree that billionaires should pay income taxes equivalent to a small portion — say, 2 percent — of their wealth each year. Billionaires who already pay the baseline amount of income tax would have no extra tax to pay. The idea that billionaires should pay a minimum amount of income tax is not a radical idea.
Persons: Emmanuel Saez, Gabriel Zucman, we’ve, Demetrio Guzzardi, Jeff Bezos, Bezos, Berkshire Hathaway, Warren Buffett, Elon Musk, Bernard Arnault, Arnault’s, Arnault, Reagan, Critics, haven’t, Biden Organizations: Government, Social Security, European Economic Association, Institut des Politiques, Economic, Amazon, Elon, Twitter, Shepard, Getty, Trump, Internal, Abaca, New York, Facebook Locations: United States, Netherlands, States Netherlands Italy France, Italy, France, Tesla, LVMH, America, Europe, Sweden, Germany, Switzerland, U.S, Brazil, South Africa, Spain
The Vanderbilt Mansion in Hyde Park, New York, was built by Frederick Vanderbilt in the 1890s. The 45,000-square-foot Gilded Age mansion is located on 153 acres of land in the Hudson Valley. The National Park Service offers tours of the mansion to the public. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers.
Persons: Frederick Vanderbilt, , Cornelius Vanderbilt, Cornelius, William Vanderbilt Organizations: Vanderbilt, National Park Service, Service, US Treasury, Business Locations: Hyde Park , New York, Hudson, America
WHY WE’RE HEREWe’re exploring how America defines itself one place at a time. In Mississippi, a tradition of house tours is about more than architecture. It’s a window into how a city sees its past and its ambitions for the future. It was also a highlight of the longstanding tradition known as Pilgrimage. Every spring, the city’s finest antebellum homes are opened to the public for a few weeks, inviting people in to marvel at the craftsmanship and the opulence.
Organizations: . Homeowners Locations: Mississippi, Riverview, Southern, Columbus, Alabama
Brown sophomore Alex Eisler has a lucrative side hustle selling restaurant reservations. He vends them on nascent platform Appointment Trader. AdvertisementEisler told Business Insider the most expensive reservation he's ever sold was $1,358 at an omakase restaurant in Boston. Appointment Trader is just one platform helping to turn reservation-selling into a cottage industry of sorts. "It's bad for business," Eric Ripert, chef and co-owner of famed French seafood restaurant Le Bernardin, told The New Yorker.
Persons: Brown, Alex Eisler, Eisler, , Eisler —, he's, Prime, Carbone, Insider's Linette Lopez, Tock —, Eric Ripert, Bernardin Organizations: Service, Brown University, American Express, Business, Yorker, Bloomberg, New Locations: Boston, New York City
Olympic luxury packages are already on sale, offering exclusive access to the sporting spectacle, alongside very upscale travel and accommodation experiences. And this year, there’s no bigger sporting event than the Paris 2024 Olympic Games. Tour operator Kensington Tours says it has two clients coming into Paris for the first seven nights of the Games. “Paris presents a wealth of opportunities for luxury travelers to indulge in during the Olympics,” Adto Teppa says. Pierre MonettaTo ensure their clients have access to Paris’ most prestigious hotels, many luxury travel advisers have made blanket bookings at properties across the city.
Persons: cher, Barnabas Carrega, , ” Carrega, ’ Carrega, Ducasse, Alain Ducasse, won’t, They’ll, they’ll, AZA, Angela Adto Teppa, ” Adto Teppa, Palais, Paris, Andrea Galvez, , Galvez, Pierre Monetta, We’ve, Dave Guenter, Crillon, Nicolas De Gols, De Gols, Fraser Yachts, Askari, Patrick Locqueneux, Clément Bru, Charles de Brosses, Cookoon, “ We’ve, ” Bru, Henri Jayer Vosne, Domaine, Conti, de Mars, Simone Biles Organizations: CNN, Paris, CNN Travel, Michelin, Olympic, Kensington, Eiffel, Palais Garnier, Travel, Opera Ballet, Travel Group, Le Bristol Paris, Paris ’, Royal, Raffles, , Royal Monceau’s, Nice, Tahiti, Fraser Locations: Paris, American, Alma, Kensington, Oahu, Hawaii, New York, Rosewood, Le Bristol, Raffles Paris, Marseille, Polynesia, Teahupo’o, Tahiti, Monaco, France, Burgundy
Opinion | 2024, I’d Like You to Meet 1892
  + stars: | 2024-04-11 | by ( Jon Grinspan | ) www.nytimes.com   time to read: +1 min
By 1892, a giddily consumerist, venomously partisan Gilded Age society had gotten good at churning out campaign tchotchkes. The 1892 election marked Cleveland and Harrison’s second contest against each other. The repeated, deadening matchups of Cleveland and Harrison in 1888 and 1892 did just that. There are other rematches in American presidential history, but 1892 was the only time a sitting president lost re-election, ran four years later against his vanquisher, and won. That weird race has a message for all those planning to hit snooze on the coming campaign: Great political change can unfold when the system seems woefully stalled.
Persons: Grover Cleveland, Benjamin Harrison, Cleveland, Harrison, tchotchkes Organizations: Cleveland, Biden, Trump Locations: Cleveland
Follow our live coverage of Trump’s hush money trial. Mr. Blanche recently bought a home in Palm Beach County near Mr. Trump’s Mar-a-Lago estate. He brought his family to Mr. Trump’s campaign celebration there on Super Tuesday. And during Mr. Trump’s first criminal trial, set to begin in Manhattan on April 15, he will use space at 40 Wall Street, the former president’s office tower near the courthouse. After a well-credentialed career as a federal prosecutor and a white-collar defense lawyer, Mr. Blanche, 49, has bet his professional future on representing Mr. Trump, the first former U.S. president to be indicted.
Persons: Todd Blanche, Donald J, Trump, Blanche, Trump’s Organizations: New York Democrat, Florida Republican Locations: Palm Beach, Mr, Lago, Manhattan, U.S
In a country roiled by recession worries, those at the top of New York City — for better or worse — couldn't give a single gilded shit. For New York City, a brush with death called for a time of decadence. "New York City's restaurants and bars are experiencing an uneven pandemic recovery nearly four years after COVID-19 struck our city," Andrew Rigie, the executive director of the New York City Hospitality Alliance, said. AdvertisementIf a pandemic can't defeat New York City, a little inflation certainly isn't going to do it. And what that looks like is the affluent in New York City eating caviar, and poorer Americans eating cereal.
Persons: Steve Jobs, it's, Jennifer Saesue, Saesue, Fish Cheeks, Z, bistros, James Murphy, us Carbone, Casas — Cruz, Cipriani, Jean, Georges Vongerichten, Bongo, Andrew Rigie, Corey Mintz, we're, WK Kellogg, Gary Pilnick, Gary Pilnick's Organizations: Grand Prospect Hall, New, New York City, Apple, Mastercard, Chefs, Casas, Soho House, Bangkok Supper, Village, IBA, Hospitality Alliance, Nationwide, National Restaurant Association, Nasdaq, The University of Michigan Consumer, UBS, New York Locations: New York City, New York, Rome, Xinjiang, New, Manhattan, Coqodaq, Las Vegas, York, Bangkok, Hell, TouchBistro, Brooklyn, The Bronx
CNN —Spanning decades of Russian history from the confines of a luxury hotel, “A Gentleman in Moscow” provides another strong TV showcase for Ewan McGregor, this time playing opposite his wife, Mary Elizabeth Winstead. At the same time, the show manages to be quite funny and even romantic, nicely developing the other lives that Alexander touches. Plus, there’s the added kick of seeing McGregor and Winstead (who met shooting the third season of FX’s “Fargo”) sink their teeth into such juicy, flamboyant roles. And while Alexander might not be able to leave, viewers who voluntarily check into the Hotel Metropol will have plenty of reasons to enjoy their stay. “A Gentleman in Moscow” premieres March 29 on Paramount+ with Showtime and March 31 at 9 p.m.
Persons: Ewan McGregor, Mary Elizabeth Winstead, “ Obi, Wan, , ” McGregor, Count Alexander Rostov, Alexander, Winstead, Johnny Harris, Joseph Stalin, Russia, McGregor Organizations: CNN, Moscow ”, Paramount, Showtime Locations: Moscow, Russian, Fargo
5 New Hotels Where the Past Meets the Present
  + stars: | 2024-03-27 | by ( Stephanie Rosenbloom | ) www.nytimes.com   time to read: 1 min
When is a hotel more than a place to sleep? When it’s in a building with a storied past, allowing guests to go back in time to the Gilded Age or Edwardian era as easily as they go to the gym or spa. Nowadays you can check into a 17th-century former soap factory on the French Riviera, or part of the Old War Office in London, or a Renaissance-palazzo-style building that was once a bank in New York. Here are five new hotels in historic spaces where you can experience the past and present, delighting in the architecture of vanished days even as you indulge in the latest luxuries.
Locations: London, New York
Interest in private members' clubs has soared in the US with the rise of remote working. In New York, the most exclusive and expensive is the Aman Club, which opened in 2022. Look around the ultra-luxury club that members pay a $200K initiation fee and $15K a year to join. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIn an era where working from home is the overwhelming first choice in the US but where people still crave community, it's no wonder many are reporting a rise in interest in private members' clubs.
Persons: Organizations: Aman, Service, Business Locations: New York
About 90%, or $1.1 trillion, of that profit went to shareholders through stock buybacks and dividend payments, according to new research from anti-poverty organization Oxfam International. At the same time, the study found, only 10 of those 200 companies have made public statements in support of paying a living wage. For some of those companies, the average CEO-to-worker pay ratio is now above 1,500 to 1, the nonprofit confederation found. Oxfam’s study found that on average, pharmaceutical companies paid just 11.6% in taxes in 2022 (that’s down from 11.8% in 2021). Trump Media generated just $3.4 million of revenue through the first nine months of last year, according to SEC filings.
Persons: , we’ll, , Irit Tamir, Joe Biden, Donald Trump, Matt Egan, Devin Nunes, Dave Calhoun, Chris Isidore, Calhoun, Max Organizations: CNN Business, Bell, New York CNN, CME, Oxfam International, Oxfam, Corporations, Institute for Policy Studies, Tax, Truth Social, Trump Media, Trump Media & Technology Group, Corp, Digital, Trump, Nasdaq, Big Tech, , overvaluing Trump Media, SEC, Twitter, CNN, Boeing, CNBC, Alaska Airlines, Max Locations: New York, United States
I live in Newport, Rhode Island, a coastal New England city on Aquidneck Island. A typical day in my life includes grabbing coffee downtown and going on a walk after lunch. AdvertisementIf you've ever watched HBO's "The Gilded Age," "Hocus Pocus 2," or "27 Dresses," you're probably familiar with my home, Newport, Rhode Island. But the city, located on Rhode Island's Aquidneck Island, is more than just a postcard-perfect, Instagramable coastal enclave. Here's how I spend a typical day in Newport as a local.
Persons: Organizations: Service Locations: Newport , Rhode Island, New England, Aquidneck, England, Rhode, Newport
AdvertisementThis as-told-to essay is based on a conversation with Jennie Gage, who used to be what social-media users have dubbed a "trad wife" — slang for "traditional wife." Courtesy of Jennie GageI was 17 when I went to a Mormon college. Being a 'trad wife' involved endless houseworkMy first son was born in 1998; I'd just turned 23. For most of my married life, Jake would give me cash envelopes. AdvertisementDo you identify as a trad wife or former trad wife?
Persons: Jennie Gage, She's, Gage, , Hannah Neeleman, Jake, I'd, We'd, who's, Money, I'm, TikTok, Maria Noyen Organizations: Service, BI Locations: Arizona , Oregon, Utah, TikTok
See inside Karl Lagerfeld’s many glamorous homes
  + stars: | 2024-03-06 | by ( Suyin Haynes | ) edition.cnn.com   time to read: +10 min
CNN —Fashion writer Patrick Mauriès first met Karl Lagerfeld in 1981, after he quoted the fashion designer in a short book he had written about contemporary fashion and culture. As Lagerfeld became more of a public figure in the 1990s and 2000s, he increasingly sought homes that could act as retreats, said Mauriès. Fotex/Shutterstock/Courtesy Thames & HudsonIn keeping with Lagerfeld’s constant need for change, there is little left of the homes and interiors featured in the book. Georges Kelaïditès/Roger-Viollet/TopFoto/Courtesy Thames & HudsonAlso in his Rue de l’Université residence, Lagerfeld poses in his sitting room for a photo spread published in a German magazine, circa 1972. Horst P Horst/Condé Nast/Shutterstock/Courtesy Thames & HudsonHere, the designer poses for a photo at the work desk in his office space.
Persons: Patrick Mauriès, Karl Lagerfeld, Lagerfeld, Chanel, Mauriès, , “ Karl Lagerfeld, Marie Kalt, Lagerfeld’s, l’Université, Pozzo, Borgo, Monte, Ettore Sottsass, Vila Jako, Jacques de Bascher, Swedish Grace, Jacques Schumacher “, , ” Lagerfeld, Kalt, Michael Graves, Rue de l’Université, Georges Kelaïditès, Roger, Max Scheler, Germain, Horst P Horst, Condé Nast, Hudson Lagerfeld, Villa La Vigie, Schorr, Jacques Schumacher, Jeff Koons, Joana Vasconcelas, François Coquerel, Jerome Galland, Villa Louveciennes Organizations: CNN, Hudson Each, Deco, Memphis Group, ancien, Hudson, Monaco, Rue de Lille, Rue de, de, & Hudson, Saint, Villa La, Hudson Lagerfeld's, Rue des Saints Pères Locations: Europe, Paris, Monte Carlo, Rome, Hamburg, Italian, Swedish, Monte, Sotheby’s, American, Rue, Roquebrune, France, Voisins
The property on Old Depot Way is a slice of New York history, nestled into the countryside by a creek. Wappinger Creek, a waterway near the converted train station. This train station is positioned right by Wappinger Creek, "one of the top 10 trout streams in New York State," he said. Gilded Age folks arrived at the train station to escape the hustle and bustle of the city. But while Old Depot Way is still surrounded by nature, it isn't far from the outside world, Langa said.
Persons: Houlihan Lawrence, Langa, you've Locations: York, Langa, New York State
The artist Joel Hernandez, 39, first worked with papier-mâché as an 8-year-old, soon after moving from Mexico to rural Indiana. His parents had gone looking for piñatas — a staple of their family celebrations — at local stores but had come up short. Hernandez, now based in San Francisco, is just one of the contemporary craftspeople using papier-mâché in new and provocative ways. And while each has a different approach to the medium, they share an appreciation for its democratic and economic nature. Making papier-mâché, after all, requires nothing more than a few pantry items, some trash and a bit of imagination.
Persons: Joel Hernandez, , Hernandez, La Luz de Jesus, Han, it’s, Bernie Kaminski, Brooks, , ” Kaminski, who’s, he’s Organizations: La Luz, Mardi Gras, New Locations: Mexico, Indiana, , La Luz de, Los Angeles, San Francisco, China, New Orleans, New York City
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