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☆ Nairy Baghramian: Rubble Rouser Outside the Met
▼ + stars: | 2023-09-14 | by ( Roberta Smith | More About Roberta Smith | ) www.nytimes.com time to read: +2 min

That is, the four domed niches embedded in the neo-Classical facade of the Met’s main entrance on Fifth Avenue. Each niche frames a plinth and is in turn framed by a pair of robust columns two stories high. The three artists chosen thus far — Wangechi Mutu, Carol Bove and Hew Locke — have done well enough, but it may be best to lower expectations. The Met’s facade is an oppressive windmill to tilt at. All use the past to enliven the sculptural present, erase boundaries between styles and cultures and employ new materials and techniques.

Persons: Mutu, Carol Bove, Hew Locke —, Huma Bhabha, Leilah Organizations: Metropolitan Museum of Art, Center Locations: New York, Iranian, Berlin, Europe, Dallas

☆ More unmarried couples are buying houses together. A lawyer explains how to protect yourself in the event of a split.
▼ + stars: | 2023-09-12 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

Today, 18% of first-time buyers are unmarried couples, the National Association of Realtors found. Because of that, unmarried buyers need to take extra care to protect themselves and their finances before jumping into joint home ownership, Fiffik said. "For unmarried people buying a property, there are no laws or rules that govern what happens when that relationship breaks up," he said. Get honest about your financesBefore you even consider buying a home together, Fiffik suggested getting very honest about your finances. But unmarried couples have a few options when it comes to official ownership of the home, Fiffik said:Only one partner is on the deed and mortgage .

Persons: homebuyers, Mike Fiffik, Fiffik, homeownership, —, they're, you've Organizations: NAR, Service, National Association of Realtors, Fiffik Law Locations: Wall, Silicon

☆ CEO spent his savings, 401(k) and paychecks to keep his cookware brand afloat—now it brings in over $170 million a year
▼ + stars: | 2023-09-06 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

The timing was poor for bootstrapping: Winer and Mecray had just shuttered their first startup attempt, a juice presser company called Juicepresso. They maxed out credit cards, took out a small-business loan from American Express and packaged cookware sets in their backyards. It's grown steadily since, bringing in $170.7 million in revenue last year, according to documents reviewed by CNBC Make It. At its height in 2015, we brought in somewhere between $5 million and $6 million in revenue. To be honest, though, as soon as I started working on the pan, I knew it wasn't going to fail.

Persons: Gordon Ramsay's, HexClad, Danny Winer, Cole Mecray, Winer, Mecray, we'd, Jason Panzer, Ramsay, Cole, you'd, I'd, Warren Buffett Organizations: CNBC, bootstrapping, presser, American Express, Costco, Foods, New Locations: New York City

☆ Return-to-office orders look like a way for elite, work-obsessed CEOs to grab power back from employees
▼ + stars: | 2023-08-24 | by ( Hasan Chowdhury | Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Bosses who allowed fully remote work during the pandemic want workers back in the office, pronto. Experts say RTO orders come from elite, often male CEOs who prioritize work over work-life balance. AdvertisementAdvertisement"For most employees, life is partly work, but partly things outside work," Stanford economist Nick Bloom said. "These elite CEOs probably work 100-plus hours a week and they're much more work-focused." The mandates symbolize the sharp disconnect right now between the way CEOs and employees think about work.

Persons: Bosses, Goldman Sachs, Goldman, Mark Zuckerberg's, they'll, Grace Lordan, —, Lordan, Elon Musk, Tesla, Stanford, Nick Bloom, Bloom, Hasan Chowdhury, Sarah Jackson Organizations: Service, Meta, London School of Economics Locations: Wall, Silicon, hchowdhury, sjackson

☆ Gulf Coast officials are scrambling to prepare for a hurricane and extreme heat
▼ + stars: | 2023-08-19 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +8 min

And along the Gulf Coast, officials are now grappling with how to handle two potentially deadly disasters set to compound: a hurricane and extreme heat. Last week, the city issued an emergency declaration for extreme heat, underscoring rising concerns about widespread power outages ahead of peak hurricane season. Experts have also said that extreme heat is a silent killer and can be a major contributing factor in the overall hurricane death toll. “If Miami experienced extreme heat at the same time, portions of our community would have no relief for what could be days or weeks,” Williams told CNN. Officials there are still navigating how to properly prepare for the rapidly changing extreme weather to avoid mass casualties.

Persons: CNN — It’s, ” Anna Nguyen, —, they’ve, ” Christopher Dalbom, who’s, Christiana Botic, Nikisha Williams, ” Williams, Irma pummeled, ” Thomas Muñoz, “, We’ve, Pete Gomez, Hurricane Ida, Eva Marie Uzcategui, Daniella Levine Cava, Gomez, ” Gomez, Williams, ”, Muñoz, I’ve, ” Muñoz, Nguyen, they’re, Katrina, ” Nguyen, “ There’s Organizations: CNN, New Orleans Homeland Security, Preparedness, Tulane Center, Environmental Law, New York Times, The Miami Foundation, Miami, Houston’s Office, Emergency Management, Dade, Bloomberg, Getty, Homeless Locations: Gulf Coast, New Orleans, Miami, Dade County , New Orleans, Houston, Coast, Irma pummeled Florida, Texas, Florida, Dade County, Miami , Florida, “, Orleans

☆ Intel adds Synopsys IP to advanced contract manufacturing
▼ + stars: | 2023-08-14 | by ( Max A. Cherney | ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File PhotoAug 14 (Reuters) - Chip design tools maker Synopsys (SNPS.O) has signed a deal to bring its technical building blocks to the advanced contract manufacturing Intel (INTC.O) offers, the companies said on Monday. The two companies said Synopsys would offer a portfolio of designs that will work with Intel's advanced manufacturing capabilities Intel 3, and Intel 18A. Intel and Synopsys said that there was a framework in place for making the intellectual property available on future manufacturing processes. The partnership between Intel and Synopsys important step for Intel Foundry Services (IFS), its contract manufacturing business, to become a viable alternative to Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) or Samsung Electronics Co Ltd (005930.KS). Intel launched IFS in 2021, and it reported revenue of $232 million in the second quarter of this year.

Persons: Dado Ruvic, Synopsys, Steve Leibson, Max A, Marguerita Choy Organizations: REUTERS, Intel, Intel Foundry Services, Taiwan Semiconductor Manufacturing Co, Samsung Electronics Co, Tirias Research, Thomson Locations: San Francisco

☆ Judge blasts 'QAnon Shaman' for recanting his apology and refuses to toss out his plea agreement
▼ + stars: | 2023-07-20 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

A federal judge refused to toss "QAnon Shaman" Jacob Chansley's guilty plea. The judge pointed to "miles of footage" showing Chansley rioting at the Capitol. "Such an about-face casts serious doubt on the veracity of any of Mr. Chansley's claims, here or elsewhere." In media interviews after his release, he expressed regret for his guilty plea and tried to get it reversed. Carlson, the judge wrote, included "inflammatory characterizations of cherry-picked videos stripped of their proper context" that undermined faith in the criminal justice system.

Persons: Jacob Chansley's, Chansley, Tucker Carlson, Jacob Chansley, Royce C, Lamberth, Chansley's, Joe Biden's, Donald Trump, Gandhi, Kevin McCarthy, Carlson, William Shipley Organizations: Capitol, Service, Fox News, Republican, Senate, Former Fox News, Fox, Twitter Locations: Wall, Silicon, Chansley's

Say you have a succession plan in place, and have identified an owner, price, and date of transition. That one scenario points to the importance of "what ifs" to consider in any succession plan. That's why a well-rounded succession plan also addresses business continuity. Those contingencies include: Income: What accommodations will provide income if you need to take a leave before a succession transition is complete? What accommodations will provide income if you need to take a leave before a succession transition is complete?

Persons: Patti Bell, Price, Bell, You'll, SIPC Organizations: Partners, Insider Studios, Kiplinger, National Life Insurance, Life Insurance, Inc, Principal Funds, Securities, Principal Securities, Financial Services Locations: NY, Des Moines

☆ Intel stock drops 6% as company updates chip manufacturing plans
▼ + stars: | 2023-06-21 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. IPO at the Nasdaq MarketSite in New York on Oct. 26, 2022. Intel stock dropped 6% on Wednesday after the company gave investors an update on the company's turnaround plan to become a chip manufacturing company competing with Taiwan Semiconductor Manufacturing Company. Intel plans to use its own chips to work out problems in its manufacturing before opening up the factories to third-party companies. "The manufacturing group will now face the same market dynamics as their foundry counterparts," Zinsner told analysts. Wednesday's update was focused on how Intel would use its manufacturing capabilities for its own chips.

Persons: Pat Gelsinger, David Zinsner, Zinsner Organizations: Inc, Nasdaq, Mobileye, Intel Corp, Intel, Taiwan Semiconductor Manufacturing Company, Apple, Nvidia, Qualcomm, Samsung, IMS, Bain Capital, AMD Locations: New York, Austrian

☆ Teachers in England to strike for two more days in July
▼ + stars: | 2023-06-17 | by ( ) www.reuters.com time to read: +1 min

LONDON, June 17 (Reuters) - Teachers in England will strike on July 5 and July 7, the National Education Union (NEU) said on Saturday, staging further industrial action over a pay and funding dispute with the government. The new dates announced by Britain's largest education union come on top of at least six days of walk-outs by teachers in England from February to May. Teachers rejected a government pay offer for an average rise of 4.5% plus a 1,000 pound one-off payment in April. While teachers in Wales and Scotland have settled their dispute, the NEU said Britain's Education Minister Gillian Keegan was not doing enough to stop further industrial action in England. Workers in healthcare, transport, the civil service and other sectors have gone on strike over the past year across Britain in pay disputes as inflation reached 40-year-highs.

Persons: Gillian Keegan, Sarah Young, Andrew Heavens Organizations: National Education Union, Britain's, Teachers, Education, Workers, Thomson Locations: England, Wales, Scotland, Britain

☆ Cramer lists reasons to book some profits in this lofty market. 'You only need to get rich once'
▼ + stars: | 2023-06-11 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

Unlike the ridiculous short squeezes that brought about GameStop 's (GME) meme-stock maina 2½ years ago, the current market is making some sense. That means by Wednesday's Club meeting, right ahead of the Fed rate announcement, we could have a backdrop suggesting that we deserve to broaden. Bottom line Until Wednesday's Club meeting you know my mindset. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Lisa, Guy, It's, mutt Nvidia, Jerome Powell's, there's, Banks, Nvidia's, Fosforo, Jim Cramer's, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: CNBC, Club, Nvidia, GameStop, Apple, Microsoft, Federal, Fed, Web Services, Palo Alto Networks, Broadcom, Marvell, Baltic, Wednesday's Club, Wine, Jim Cramer's Charitable Locations: Long, China

☆ A history of stocks with astronomical price-to-sales ratios doesn’t bode well for Nvidia
▼ + stars: | 2023-06-05 | by ( John Melloy | ) www.cnbc.com time to read: +2 min

At above 36 times sales, Nvidia's shares are trading at their highest valuation ever, according to Trivariate Research. Adam Parker's research firm looked at all the other times in market history when stocks traded above a 36 price-to-sales ratio and what happened next. When Nvidia joined the trillion-dollar market cap club briefly last week, it was clearly based on anticipation of a future AI revenue windfall. To be clear, Parker and his firm are not advocating shorting Nvidia's stock anytime soon. Still, the eye-popping valuation should give investors looking to buy Nvidia at these levels some pause.

Persons: Adam Parker's, Trivariate, Parker, Michael Bloom Organizations: Research, Nvidia

☆ Opinion | Fareed Zakaria on Where Russia’s War in Ukraine Stands — and Much More
▼ + stars: | 2023-06-02 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +96 min

Obviously, the line is not perfect, but I think that’s a very sensible line. And I don’t think that’s all about absorption capability. But I don’t think it’s fair to say that the Russians have done everything they can. fareed zakaria[LAUGHS] And by the way, I think that’s some key to understanding the alliance is a personal one. I think India, Israel, and Poland — usually, in the 70 percent-plus say they like — have a favorable view of America.

Persons: ezra klein, it’s, Fareed Zakaria, Zakaria, “ Fareed Zakaria, fareed zakaria, Ezra, Putin, They’ve, there’s, fareed zakaria It’s, they’re, It’s, Fidel Castro, Sean Penn, haven’t, you’re, won’t, Biden, They’re, Washington, Winston Churchill, Merkel, wouldn’t, —, Nancy Gibbs, Khomeini, Macron, Ron DeSantis, YouGov, fareed zakaria I’m, that’s, DeSantis, Lindsey Grahams, Mitch McConnell, Xi Jinping, ezra klein Yes, Xi, Gorbachev, Zelensky, Trump, Obama, Bush, United States —, McCarthy’s, I’ve, they’d, doesn’t, didn’t, ezra klein They’re, fareed zakaria They’re, we’ve, Simpson, I’m, Janet Yellen, Colin Powell, unquote, That’s, Jonathan Haidt, We’ve, he’s, fareed zakaria That’s, they’ve, fareed zakaria Well, gee, TikTok, we’re, George Kennan, Mike Gallagher, klein, Nirupama Rao, Bob Kagan, can’t, — fareed zakaria, Lord Mountbatten, Gandhi, Franklin Roosevelt, Ho Chi Minh, fareed zakaria Right, narratively —, Modi, you’ve, China’s —, fareed zakaria Modi, India’s, Advani, Vajpayee, you’d, There’s, India, Joe Biden, fareed zakaria I’ve, Benedict Anderson’s “, Orville Schell, John Delury, Sunil Khilnani, ezra klein Fareed Zakaria Organizations: CNN, The Washington Post, Putin, Starbucks, Russia, Revolutionary Guard, NATO, Ukrainian, Communist, European Union, U.S, Republican Party’s, Republican Party, Republicans, ASEAN, Trump, Defense, United, U.S ., Democrats, Chinese Communist Party, State, Facebook, Google, Soviet Union, Huawei, Twitter, South China Seas, Foreign Affairs, Yale Law, International Criminal, South China, . Security, Trade Organization, Pax Americana, Americana, New York Fed, America, Republican, Fox, Beijing Locations: ezra klein Russia, Ukraine, Russia, America, Europe, China, India, Russian, United States, Relatedly, Japan, Turkey, Holland, South Korea, Singapore, Iran, Venezuela, Central America, Southeast Asia, Washington, Britain, ‘, U.S, United Europe, Germany, Soviet Union, Vietnam, Beijing, Trump, Asia, Iraq, Hainan, Montana, Republic, Soviet, weirdly, South, Taiwan, Pakistan, New Delhi, South Africa, Kuwait, Russia’s, Eden, Saudi Arabia, Indonesia, Kashmir, it’s, Cuba, Pax, American, Mumbai, Shanghai, Israel, Poland, Indian, Nigeria

☆ Britons face biggest tax rise since 1979, think tank says
▼ + stars: | 2023-05-15 | by ( Suban Abdulla | ) www.reuters.com time to read: +2 min

LONDON, May 16 (Reuters) - Britons face the biggest tax-raising drive since the start of former prime minister Margaret Thatcher's term of office in the coming years as more people are pushed into paying the top rate of income tax, a leading think tank said on Tuesday. Britons pay income tax at a rate of 20% on income over 12,570 pounds ($15,865) a year and 40% on income over 50,270 pounds with a higher rate beyond that. Isaac Delestre, an IFS research economist, said inflation's recent surge was pushing up nominal earnings of many workers and dragging them into the higher tax rate bracket. The Conservative Party pledged not to increase income tax rates in its 2019 election manifesto. "A third of the expected record fall in household incomes this year is likely to be a result of this tax rise," the IFS said.

"The numbers we have experienced in the past two days are markedly down over what they were prior to the end of Title 42," Mayorkas said on CNN's "State of the Union" program. He said there were 6,300 border encounters on Friday and 4,200 on Saturday, but cautioned it was still early in the new regime. Mayorkas credited the criminal penalties for migrants who illegally enter the country, which resumed under existing law after Title 42's expiration, for the decrease in crossings. Officials from communities along the border agreed they had not seen the large numbers of migrants that many had feared would further strain U.S. border facilities and towns. Just before Title 42 expired on Thursday, House Republicans approved legislation that would require asylum seekers to apply for U.S. protection outside the country, resume construction of a border wall and expand federal law enforcement efforts.

☆ End of Title 42 immigration policy has brought fewer migrants than expected, but overcrowding concerns remain
▼ + stars: | 2023-05-14 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +14 min

David Peinado Romero/Anadolu Agency/Getty Images Migrants carry a baby in a suitcase across the Rio Grande on May 10. Gary Coronado/Los Angeles Times/Getty Images Migrants wait to get paid after washing cars at a gas station in Brownsville on May 10. Andrew Caballero-Reynolds/AFP/Getty Images Migrants surrender to US Border Patrol agents after crossing the border in Yuma on May 10. Paul Ratje/Reuters Migrants wait to be processed by US Border Patrol agents in Santa Teresa, New Mexico, on April 26. Hudak warned in the filing that without measures to conditionally release some migrants, Border Patrol could have over 45,000 migrants in custody by the end of the month.

☆ EddIe Howe: Man charged with assault after appearing to shove shoving Premier League manager during match
▼ + stars: | 2023-05-14 | by ( Aimee Lewis | ) edition.cnn.com time to read: +3 min

A spectator walked towards the Newcastle technical area late in the match before confronting and then appearing to shove Newcastle manager Eddie Howe. Leeds United said it had issued a lifetime ban on the spectator. “Leeds United can confirm that following an incident at our Premier League match against Newcastle United today, an arrest has been made and a lifetime ban has also been issued,” the club said in a statement. In a press conference after the match, Howe called for the security of players and team staff at Premier League matches to be improved. The safety of staff, players, is paramount for me at the Premier League, any matches in the football league, and we need to be mindful.

☆ TikTok advertisers stick by the app amid threat of U.S. ban
▼ + stars: | 2023-05-04 | by ( Sheila Dang | ) www.reuters.com time to read: +3 min

May 4 (Reuters) - Advertisers are committed to continue spending on TikTok due to its immense popularity with users despite threats of a potential ban in the U.S. over national security concerns, ad experts said. The short-form video app has already been banned from government-issued phones in multiple countries. Two media buyers at two different major ad agencies told Reuters that Washington's scrutiny over the app had yet to impact their clients' plans on TikTok. Still, several media buyers acknowledged the threat of a U.S. ban would be the "elephant in the room" during the advertiser presentation. TikTok said it is addressing advertiser concerns "head on in an open, fact-based and ongoing dialogue."

☆ Intel climbs as Wall St cheers early signs of recovery
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +2 min

TD Cowen analysts said the company "was not out of the woods yet but this was a starting point." Intel's market capitalization is set to rise by nearly $8 billion to more than $130 billion, if premarket gains hold. "We see gross margin pressured for the foreseeable future reflecting aggressive process and new product spend as well as IFS (Intel Foundry Services) investment," Oppenheimer said. Intel posted its biggest quarterly loss in the first quarter as it ramped up production and investments in manufacturing plants. Reporting by Eva Mathews and Aditya Soni in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

☆ Brits warned they are not saving enough for retirement and face a 'risky' future
▼ + stars: | 2023-04-24 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +4 min

Richard Baker / Contributor / Getty ImagesLONDON — Workers in the U.K face a "risky" future when it comes to their pensions, according to a report released by think tank the Institute for Fiscal Studies. Almost 90% of Brits aren't putting an appropriate amount of money into their pension pots — generally considered to be around 15% of earnings, according to the IFS report. Including self-employed savers within that framework would also boost their pension pots and reduce their dependence on the state pension later in life, Savova added. Most people in the U.K. are automatically entitled to a state pension, which is currently £203.85 ($253) per week. "Increasing the State Pension Age will only escalate pensioner poverty which falls disproportionately on those who have lower incomes and retire early due to ill-health," Peaple told CNBC via email.

☆ If you hate tipping delivery people, drivers for Uber, Lyft, and DoorDash want you to consider these 4 main arguments why you should anyway
▼ + stars: | 2023-04-24 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +3 min

They responded to common reasons people don't want to tip their delivery drivers. Eight years later, Avedian said he's completed over 5,000 Uber and Lyft rides and a couple thousand food deliveries. Alix Anfang, an Uber spokesperson, told Insider that tipping has increased since 2020. "Food delivery has always had a high tipping rate, but the average tip on a delivery increased even further by about 20%." "If it wasn't for tips, delivery drivers wouldn't be making any money, period," Avedian said.

☆ Morning Bid: Stocks defy negativity in CPI vigil
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +5 min

The Federal Reserve's interest rate stance hinges on incoming data such as Wednesday's consumer price report, but fears of recession remain just that. And so investors return to scrutinising the Fed to see if the central bank forces the recession by tightening ever further. With Fed policy meeting minutes due later in the day, the runes of what must have been a tense gathering of officials in the middle of the regional banking shock will be eyed closely. Minneapolis Fed President Neel Kashkari reckoned recession was still a risk but inflation wouldn't get back close to the 2% target until next year. Hong Kong stocks (.HSI) underperformed overnight - with geopolitical tensions high surrounding Taiwan and Chinese military operations around the island.

☆ Opinion | We Talked to 10 Graduates About Their College Regrets
▼ + stars: | 2023-03-27 | by ( Gus Wezerek | ) www.nytimes.com time to read: +3 min

By Gus Wezerek Mr. Wezerek is a graphics editor for Opinion. He had promised me that if I studied Spanish during high school, I could join him on a business trip abroad. More than a thousand people wrote in after Times Opinion asked readers to share their college regrets. As part of Times Opinion’s close look at the college selection process, we’re also inaugurating a tool that we hope will help students avoid college regret. Most of all, I hope that today’s high school seniors don’t brood over dream schools that they didn’t get into.

Dinnall, 51, is a train conductor for the New York City subway system — the heartbeat that keeps the city running. Natasha Dinnall, 51, is a NYC subway conductor and earns $86,000 per year. Here's how Dinnall earns $86,000 a year as a subway conductor in NYC. She took her first job with the agency as a property protection agent and later became a station agent, conductor, train operator, and finally a conductor again. Mickey Todiwala | CNBC Make ItEmployees must go through "extensive training" to become a conductor, Dinnall says.

☆ Under threat, Weight Watchers enters obesity drug space. Here's what it means for the stock
▼ + stars: | 2023-03-07 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +7 min

The company's sales have been in a steady multiyear decline after an attempt to de-emphasize weight loss and focus on wellness failed miserably. WW 1Y mountain The parent of Weight Watchers has seen its market value shrink as sales have dropped for several years. Another drug, Eli Lilly's Mounjaro, adds a second incretin hormone to the mix and has been shown to be even more successful with weight loss. This trend could provide an opportunity for the core Weight Watchers brand and its focus on behavior modification. That scenario assumes Weight Watchers continues to see membership erosion, while cost controls help minimize margin compression.

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