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☆ Selling your home in 2024? Here's why you should list it in June, according to Zillow
▼ + stars: | 2024-03-11 | by ( Mike Winters | ) www.cnbc.com time to read: +1 min

If you're thinking of selling your home this year, you might want to do it in the first two weeks of June. U.S. sellers who listed their home during that time span in 2023 sold their homes for 2.3% more when compared to other months in the year, according to a new Zillow analysis. Zillow's analysis of its 2023 listings supports this conclusion: Spring and summer months had a 0.5% to 1% increase in sales prices compared to the yearly average. Conversely, sales prices dropped by about 2% during winter months, compared to the yearly average. June should be the standout month of 2024 too, Zillow experts expect.

Persons: Nicole Beauchamp Organizations: Sotheby's

☆ Zillow's chief economist says these 11 'pandemic-darling' cities are full of investor-friendly deals for both price appreciation and surging cash flow in the years ahead
▼ + stars: | 2024-03-08 | by ( William Edwards | ) www.businessinsider.com time to read: 1 min

Home prices in pandemic boomtowns have dropped since mid-2022, creating investment opportunities. Zillow Chief Economist Skylar Olsen says these markets are good for buying rental properties. The growing labor force in these cities should boost appreciation and cash flow for investors. But since mid-2022, prices have returned to earth in many cities. For real-estate investors, this means opportunity, according to Zillow Chief Economist Skylar Olsen.

Persons: Skylar Olsen, — Organizations: Business Locations: — Austin, Phoenix, Nashville

☆ For years, I dreamed of overwater bungalows in destinations like the Maldives and Tahiti. Then, I found one just a 6-hour flight away in Belize.
▼ + stars: | 2024-03-05 | by ( Monica Humphries | ) www.businessinsider.com time to read: +7 min

I dreamed of overwater bungalows in places like the Maldives but dreaded the long flight there. And I believed the best place to create that experience would be in an overwater bungalow — the epitome of a luxury tropical vacation. Levente Bodo/Getty ImagesThere's a reason overwater bungalows aren't as popular in the CaribbeanOverwater bungalow resorts are more than 55 years old. And Ra'iātea's calm waters made it the ideal place for an overwater bungalow, Kelley said. My first overwater bungalow stay reminded me I don't need to hop on an all-day flight to experience the accommodation.

Persons: —, Levente Bodo, — Jay Carlisle, Hugh Kelley, Donald McCallum —, Hugh Kelley's, Vaihiria Kelley, Kelley, Condé, hasn't, Monica Humphries Organizations: Service, Levente, Muy'Ono Locations: Maldives, Central America, Caribbean, Belize, Tahiti, Polynesia, Moorea, Bali, Ra'iātea, South Pacific, Montego Bay, Jamaica, Aruba, Panama, Antigua, Mexico, St, Lucia, Vincent, Turks, Caicos, Denver , Colorado

☆ Inside Smashmallow, Silicon Valley's Failed Marshmallow Startup
▼ + stars: | 2024-03-03 | by ( Adam Rogers | ) www.businessinsider.com time to read: +20 min

"We wanted a marshmallow to have a little bite to it, not just be a foamy air," he says. Jon Sebastiani, Smashmallow founderSmashmallow had a killer brand — but the product was still basically being made one batch at a time, on kitchen counters. If Smashmallow couldn't produce enough marshmallows, Tanis wouldn't get its dough. The thing is, even though Smashmallow failed, Sebastiani didn't. "In that industry, a snackable marshmallow is a Smashmallow, like a copy machine is a Xerox," says Kwasniewski.

Persons: Jon Sebastiani, Sebastiani, Krave, jonesing, marshmallows, Liam Eisenberg, aerated, Cook, Jens Hoj, Hoj, Smashmallow, he'd, It's, Theranos, wasn't, Elizabeth Holmes, Tanis, Wolfgang Confectioners, Smashmallow Smashmallow, Wolfgang, Tanis wouldn't, Smashmallow couldn't, Richard Hartel, Sebastiani didn't, David Kwasniewski, Kwasniewski, Smashmallows, it's, Adam Rogers Organizations: Hershey, Michelin, BI, Kraft, Target, Walmart, Doumak, Workers, University of Wisconsin, Area, Xerox, marshmallows, Business Locations: Paris, California, Sonoma, Hershey, Silicon Valley, Los Angeles, Hobart, Chicago, Las Vegas, Netherlands, Tanis, Pennsylvania, America, Sonoma Capital, Smashmallow, Santa Rosa, San Francisco, Colorado, North America

☆ Top executives say they’re training workers on AI. Managers and employees disagree
▼ + stars: | 2024-03-01 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

There's a disconnect between the level of AI training that leadership teams believe they're giving their employees and the level of training that managers and employees think they're getting, research shows. Nearly three-quarters (73%) of C-suite executives believe their company fully embraces generative AI, including training for the technology, according to a 2023 Upwork survey. "Executives sometimes have a broad-brush approach to AI training," said Apratim Purakayastha, chief technology officer at Skillsoft. Plus, they were 1.9 times more likely to have a formal generative AI skills program in place for their workforce, as well as 3.8 times more likely to have a well-defined generative AI strategy. Generative AI, Monahan notes, can usher in a new era of productivity — if we let it.

Persons: Kelly Monahan, it's, Apratim Purakayastha, Monahan, Purakayastha, Job redesigns, Robert Solow, redesigns, that's, they're, — Organizations: Upwork's Research, IBM, Pew Research Locations: upskilling, American, Davos, Switzerland

☆ Meet the DIPS parents: Double Income, Public School. They've got it better than the POLKs, or Parents of Little Kids.
▼ + stars: | 2024-02-25 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

But the double whammy of housing plus childcare costs doesn't hit all parents — just parents of very young kids. However, after-school programs or an afternoon babysitter are typically a fraction of the cost of full-time day care.) I propose we call them: DIPS, or Double Income, Public School. For example, Massachusetts has the highest average childcare costs, where day care for an infant is $24,472. I'm stuck in between — one kid in public school and a younger one still in day care.

Persons: —, Alcynna Lloyd, Lloyd, Zillow, it's, I'm, Rich, Stanley, you'll, they'll, POLK Organizations: Service, Business, Public School, Kids, Nationwide Locations: Los Angeles, San Diego, California, Massachusetts, Iowa, In Massachusetts

☆ 'If your parents are homeowners, you're more likely to be a homeowner,' housing expert says. Here's why
▼ + stars: | 2024-02-23 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

If a parent is a homeowner, they are more likely to assist with their kid's down payment, she said. But it's harder for those with parents who are not homeowners: "Renter households are often precluded from bringing more people into their home. Having homeowner parents is 'like a 5 percentage point bonus'Young adults with homeowner parents are more likely to become homeowners themselves because they can obtain more information about the mortgage application process directly from their parents, the Urban Institute found. "Because the parents are so knowledgeable about homeownership, they're more likely to encourage their kids to do it and show them how to do it," Myers said. "It's like a 5 percentage point bonus by having parents who are homeowners."

Persons: Skylar Olsen, Myers, that's, Zers, Intuit Credit Karma, Wachter Organizations: Digitalvision, Getty, National Association of Realtors, Urban Institute, Intuit Credit Locations: Washington ,

☆ Sorry, parents: The American dream is only for DINKS
▼ + stars: | 2024-02-21 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Zillow determined that a family earning a median household income of $6,640 per month can expect to allocate $1,984 of that to childcare. It all adds up to a costly reality that's making the American dream of homeownership seem farther out of reach for parents than ever before. Based on the study, a new buyer household in the United States, making the median income, would spend 30% of it on housing. The upshot: Another group, less encumbered financially, appears better poised to realize the dream of homeownership: "DINKS," an acronym that stands for "dual income, no kids." "I paid $1,750 for rent in a crappy little apartment in California," Crossan told BI earlier this year.

Persons: —, Zillow, DINKS, Elizabeth Johnson, Johnson, Bartie Scott, Juliana Kaplan, Janelle Crossan, Crossan, Pengyu Cheng, Cheng Pengyu Cheng, Cheng Organizations: Service, US Department of Labor, Federal, Consumer Locations: Women’s, Los Angeles, San Diego, United States, Swiss, snorkeled, Hawaii, Canada, New Braunfels , Texas, Costa Mesa , California, California, Austin , Texas, Texas, San Francisco

☆ Jack Harlow, Palaye Royale, and other music artists are using blockchain to connect with fans — and build profitable online communities
▼ + stars: | 2024-02-16 | by ( Diana Umana | ) www.businessinsider.com time to read: +11 min

Jack Harlow, Mac Ayres, Palaye Royale, and Disclosure are among the artists leaning into blockchain. To make blockchain more accessible to and approachable for artists and fans, Mith and Medallion have adopted a hybrid model, blending elements of Web2 and Web3 . “So with Medallion, artists have a space for their fans to gather. The choice of blockchain tech, its alignment with specific requirements, and the overall impact on user experience are crucial aspects. Mith's and Medallion's success lies in using blockchain tech that’s seamless and engaging for the end user.

Persons: Jack Harlow, Mac Ayres, Palaye, —, ” Jack Harlow, “, Kamira Roberson, ”, Roberson, Web3, Web2, Taylor Swift’s, Mith, Halle Berry, Emilia Clarke, Harlow, Michelle Sanchez, Sydney Jackson, ” Sanchez, Joe Pitts, ” Pitts, ” Joe Pitts, Jason Cevera, Galantis, Pitts, Emerson Barrett, we’ve, ” Barrett, blockchain, Sanchez Organizations: Service, Twitter, Las Vegas ., Garden, Artists, Jack Harlow Foundation, ”, blockchain, Royal Council, “ Locations: Harlow, Las Vegas, Lexington , Kentucky, Louisville, Kentucky, Palaye Royale, ”

☆ The 10 big US cities with the worst 'singles tax' on renters living alone
▼ + stars: | 2024-02-14 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +5 min

The "singles tax" for solo renters has increased to an annual average of $7,110. New York City has the highest singles tax among major cities analyzed in a recent Zillow analysis. Zillow crunched the numbers on what's called the "singles tax," or how much more singles are paying to live alone without a partner or a roommate. AdvertisementZillow published what the singles tax looks like in several major cities. As seen in the table below, some of the places with high singles tax are also places where it's already costly to live.

Persons: Emily McDonald, —, valentine, Zillow, what's, McDonald, it's, haven't, It's Organizations: New, Service, New York, San Francisco Locations: New York City, York

☆ Spring home buying season is near. Real estate pros say this year's rush could push prices up 5% after a weak 2023.
▼ + stars: | 2024-02-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

The housing market will see a stronger, prolonged spring homebuying rush this year, real estate pros say. Buyers and sellers are slowly wading back into the market as mortgage rates edge lower. That's not what economists had originally expected for the housing market this year. "Until we see mortgage rates really improve, we don't expect owners to come back very, very quickly." Affordability conditions have been steadily improving after a bad year for the housing market.

Persons: —, Redfin, Daryl Fairweather, Fairweather, Skylar Olsen, Olsen, Zillow, " Fairweather, Freddie Mac, That's, –, aren't Organizations: Service, National Association of Realtors Locations: Zillow

☆ Bankrupt trucker Yellow repays $700 million Covid loan, as unsecured creditors press for billions more
▼ + stars: | 2024-02-05 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Trucks and trailers sit in a Yellow Corp. facility lot, closed after the freight trucking company ceased all operations, in Las Vegas, Nevada, on July 31, 2023. The bankrupt trucking company Yellow has fully repaid a controversial $700 million Covid loan to the U.S. Treasury Department, plus more than $151 million in interest, the company said Monday. Meanwhile, unsecured creditors in the bankruptcy case, including employee pension funds, are seeking billions of dollars in payouts from what remains of the company. By mid-2023, as it headed toward bankruptcy, Yellow had made only one payment on the loan: $230, in July 2021. In a statement Monday announcing the loan repayment, Yellow's chief restructuring officer Matthew Doheny said, "repayment demonstrates Yellow's absolute commitment to fulfilling its promise to the American taxpayers that its CARES Act loan would be repaid in full with interest."

Persons: Matthew Doheny, Doheny, Yellow's, Donald, Trump, Steven, Mnuchin Organizations: Corp, U.S . Treasury Department, Treasury Department, Trump, Defense Department, Treasury Locations: Las Vegas , Nevada, Delaware

7:08 a.m.: BTIG upgrades Block to buy, bullish on Cash App and Square growth Analyst Andrew Harte upgraded Block to buy from neutral, saying margins are poised to expand. His $85 price target implies shares could gain more than 23%. Braziler's new price target of $72, higher by $10, suggests about 2.7% potential upside over the next 12 months. That is equivalent to $12B revenue or 800k units," wrote analyst Srini Pajjuri. Morgan Stanley raised its price target on Citigroup to $65 from $46, implying upside of 20.1% over the next 12 months.

Persons: Morgan Stanley, Goldman Sachs, Andrew Harte, Harte, Cash, — Pia Singh, Timur Braziler, …, Braziler, WAL, Oppenheimer, Brian Nagel, Nagel, Raymond James, Adam Tindle, Tindle, CrowdStrike, Batya Levi, Levi, EBITDA, Raymond James downgrades, Srini Pajjuri, Fred Imbert, Goldman Sachs Morgan Stanley, Betsy Graseck, Graseck, Goldman Organizations: CNBC, Bank of America, Citigroup, UBS, Spotify, Western Alliance, Alliance Bancorp, Palo Alto Networks, AMD, BofA, Global Banking, Markets Locations: Wells Fargo Wells, CY23, Basel

☆ Exclusive-Hotelier Robert Bigelow Gives Trump $1 Million for Legal Fees
▼ + stars: | 2024-01-30 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

By Alexandra Ulmer(Reuters) -Hotelier Robert Bigelow told Reuters on Tuesday he gave Republican presidential candidate Donald Trump $1 million for his legal fees and agreed to donate another $20 million to a pro-Trump outside group for campaign purposes. "I gave him $1 million towards his legal fees a few weeks ago. Bigelow's donations also highlight the unusual role some political donors are playing as Trump faces four pending criminal cases this year. BILLS AND FINESFor all of Trump's political success, however, his legal costs are rapidly mounting. When asked whether he was considering donating more to help pay Trump's legal fees, Bigelow declined to comment.

Persons: Alexandra Ulmer, Robert Bigelow, Donald Trump, Democrat Joe Biden, Bigelow, Trump, Nikki Haley, Haley, Ron DeSantis, E, Jean Carroll, Jack Queen, Ross Colvin, Stephen Coates Organizations: Reuters, Republican, Trump, America, Democrat, Bigelow Aerospace, The, Department, Trump's Republican, New York, New York Times, Save America PAC Locations: Nevada, Trump, Florida

Zillow's rent reporting is free for tenants who pay rent through Zillow. Tenants who currently use Zillow to pay rent can opt into rent reporting through their Renter Payments Dashboard. In order to pay rent through Zillow, your landlord must be enrolled and send you an invitation link. Once a tenant has opted in to rent reporting, Zillow will identify on-time rent payments — made within 30 days of the due date — and report them to Experian. Competition among the best rent reporting services is fierce, with many services offering features like utilities reporting, up to 24 months of retroactive rent reporting, and tri-bureau rent reporting.

Persons: —, Finance Insider's, Michael Sherman, Zillow doesn't Organizations: Service, Finance, Zillow Locations: Zillow

☆ Here's an exclusive look at the 16-slide pitch deck that got Bolt cofounder Ryan Breslow to bet on a male birth control startup
▼ + stars: | 2024-01-16 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe market for male birth control is growing. AdvertisementThe reversal of Roe v. Wade in 2022 has prompted many people to reevaluate their birth control choices, NEXT CEO L.R. Fox pointed to the increasing rate of vasectomies among younger men and men without children as more evidence that they want to participate in the decision-making process around birth control. Scientists are also working on a hormonal male birth control pill and a topical hormonal gel.

Persons: —, Ryan Breslow's, Roe, Wade, L.R, Fox, I'm, Contraline, Vasalgel Organizations: Service, Business, Sciences, NEXT, Venture, Particular Ventures, Keno, Ventures, Fund, Fox, Sciences isn't, Parsemus Foundation, Food and Drug Administration Locations: Africa

MINNEAPOLIS (AP) — MyPillow chief executive and prominent election denier Mike Lindell said Friday that Fox News has stopped running his company's commercials, disputing the network's assertion that it is simply because he hasn't paid his bills. Lindell went public by tweeting that Fox, which had been one of MyPillow's biggest advertising outlets, had canceled him. Several big-box retailers, including Walmart, have discontinued his products, and lawyers who were defending him against defamation lawsuits by voting machine companies quit. In an interview with The Associated Press, Lindell acknowledged that MyPillow owes money to Fox. He said MyPillow has long spent an average of $1 million a week to run its ads on Fox.

Persons: —, Mike Lindell, hasn't, Lindell, Fox, Donald Trump’s, ” Fox, Irena Briganti, MyPillow, Lou Dobbs, Trump, Dobbs, ”, it's, ‘, ’ Organizations: Fox News, Fox, Walmart, “, Associated Press, Fox Business, Systems, Dominion Locations: MINNEAPOLIS, Minnesota

☆ Home prices are forecast to fall in these 34 cities
▼ + stars: | 2024-01-08 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +1 min

There are 34 cities nationwide where, Zillow forecasts, home prices will fall in 2024. Prices are expected to fall the most in San Jose, California, followed by New Orleans. Zillow predicts home prices will fall in 34 of the 50 largest US cities from November 2023 to November 2024. The forecast is based on Zillow's Home Value Index, which Zillow says represents the "typical home value for a region." Home prices fall for a variety of reasons.

Persons: —, Zillow Organizations: Service, Business Locations: Texas, Tennessee, San Jose , California, New Orleans

☆ McDonald's is in the midst of some big changes that show the changing tides in the world of fast food
▼ + stars: | 2023-12-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at some of the recent big changes at McDonald's, including the launch of a new restaurant concept. AdvertisementCold foam and oat milk are big business, as drink modifiers add up to roughly $1 billion in revenue for Starbucks. McDonald's app has grown over the years, with over 57 million active members, but it still leaves much to be desired. To be sure, 10 CosMc's is not even a drop in the bucket of McDonald's 40,000-plus restaurant empire.

Persons: —, I'm, Joe Ciolli, Iman Jalali, Nancy Luna, It's, McDonald's, Nancy, CosMc's, Jamie Dimon, Jerome Powell, Jose Luis Magana, Ryan Detrick, Niklas Halle'n, Rebecca Zisser, Jeff Bezos, OpenAI's Ilya Sutskever doesn't, Sam Altman's, hasn't, Elon Musk's, Ben Bergman, Adam Neumann's, Insider's Ben Bergman, Z, Donald Trump, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Starbucks, Nancy, McDonalds, McDonald's, Reserve, Banking, Housing, Urban Affairs, Capitol, Carson Group, Getty Images, San, Sutskever, Visual China, Getty, Fort, Trump Organization, Trump Organization . Golden Globe Locations: Chicago, , Illinois, Texas, Washington, AFP, San Francisco, Fort Lauderdale, New York City, San Diego, London, New York

☆ Trucking firm XPO to buy bankrupt Yellow's service centers for $870 mln
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

Yellow Corp. trailers sit idle at a YRC shipping facility in North Reading, Massachusetts, U.S., August 16, 2023. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsDec 5 (Reuters) - Trucking company XPO Inc (XPO.N) won a bid to buy 28 service centers of bankrupt Yellow Corp for $870 million in a closely watched auction of the nearly 100-year-old firm's assets. Yellow, formerly known as YRC, filed for Chapter 11 bankruptcy protection in August after blaming the International Brotherhood of Teamsters union for its demise. The U.S. Bankruptcy Court in Delaware will hold a hearing on Dec. 12 to approve the bids. Yellow's bankruptcy process was closely watched after its demise potentially saddled U.S. taxpayers with losses stemming from a government rescue.

Persons: Brian Snyder, XPO, Jonathan Chappell, XPO's, Aishwarya Jain, Pooja Desai, Krishna Chandra Organizations: Yellow Corp, REUTERS, Trucking, XPO Inc, International Brotherhood of Teamsters, Walmart, Evercore ISI, Estes Express Lines, Swift Transportation Holdings, U.S, Bankruptcy, Thomson Locations: North Reading , Massachusetts, U.S, North America, Delaware

☆ Gen Z, millennials are ‘house hacking’ to become homeowners in a tough market. How the strategy can help
▼ + stars: | 2023-11-26 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

Gen Z and millennials are "hacking" the housing market as high prices and interest rates make affordability difficult. The term "house hacking" refers to the practice of renting out a portion of your home or an entire property for an additional stream of income. Almost 4 in 10, 39%, of recent homebuyers say the practice represents a "very" or "extremely" important opportunity, according to a new report by housing market site Zillow. In Zillow's survey, more than half of millennial, 55%, and Gen Z home buyers, 51%, expressed positive views on house hacking. The average rate for 30-year mortgages hit 8% in October, the highest level seen in 23 years, according to Bankrate.

Persons: Z, Gen, Zillow, homeownership, Manny Garcia Organizations: Finance, Homebuyers Locations: U.S

☆ These big names in retail could get hit by Temu's surging growth, Bank of America says
▼ + stars: | 2023-11-22 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The explosive growth of Temu, the U.S. arm of Chinese e-commerce giant Pinduoduo , could spell trouble for some major retailers, according to Bank of America. Just six months ago, Temu's sales were only 4% of Target's. The analysts say Temu's growth has been fueled by aggressive advertising using influencers, social media and search, with daily active users reaching 40% of Amazon's level. Retailers at risk The BofA analysts say retailers competing on price alone are particularly exposed to Temu's disruption. Separately, analysts at UBS investment bank also see Temu's growth in a similar vein.

Persons: Thomas Thornton, Kohl, Zara, Inditex, Pinduoduo, Lowe, CNBC's Michael Bloom Organizations: Bank of America, Consumers, of America's, Navy, Urban Outfitters, Walmart, Target, UBS, Costco Locations: Temu, U.S, United States, Swiss

☆ Tullow in $400 million debt deal, Ghana oil marketing pact with Glencore
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsNov 13 (Reuters) - Tullow Oil (TLW.L) said on Monday it signed a $400 million five-year debt deal with Glencore (GLEN.L) to help manage its senior notes maturing through 2026 and will see the trading house take over marketing the crude from its flagship Ghana oilfields. The facility "significantly de-risks" Tullow's ability to refinance its 2026 notes, Peel Hunt analysts wrote in a note. Tullow's shares were up 3.6% at 31.5 pence in early trade. The company also signed an oil marketing and offtake contract with Glencore for Tullow's crude oil entitlements in Ghana and Gabon. Tullow reiterated its free cashflow guidance of $800 million between this year and 2025.

Persons: Arnd, Rahul Dhir, Peel, Tullow, Radhika Anilkumar, Shadia Nasralla, Savio D'Souza, Jason Neely Organizations: REUTERS, Glencore Energy UK Ltd, Peel Hunt, Glencore, Thomson Locations: Baar, Switzerland, Ghana, Gabon, Bengaluru, London

☆ A modern etiquette guide for group chats
▼ + stars: | 2023-11-09 | by ( Michael Venutolo-Mantovani | ) www.businessinsider.com time to read: +14 min

A recent poll of 1,005 US adults found the average American spends 26 minutes a day reading and responding to group chats. For us to survive and thrive as humans, it's time to agree on the Definitive Etiquette of the Group Chat. The ultimate appeal of group chats — their necessity, really — is that they've become the only social media that's actually social. Group chats can become overwhelming, of course, especially as they creep into other apps and especially as they often duplicate participants. Don't talk about the group chat outside the group chat.

Persons: who's, Sam Bankman, Fried, siphoning, Emily Post, they've, Mark Zuckerberg, Twitter, Hua Hsu, e Organizations: Bank, Democratic, Street, Wall, Mets, New York Giants, Facebook, Adidas, Nazi, Yorker Locations: Bankman, Silicon, Indonesia, American, Business, Politics, Netherlands, Rome, Tucson, le

☆ Pressure grows on US Treasury to salvage trucking giant Yellow
▼ + stars: | 2023-11-08 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +3 min

THE TAKERepublicans and Democrats pushing Treasury could benefit Jack Cooper, one the largest U.S. privately owned auto transport companies, making its long-shot bid to rescue Yellow from bankruptcy liquidation more likely. Making Yellow’s "loan repayment terms more flexible, is a commonsense step to keep Yellow’s trucks on the road, and keep its workforce gainfully employed," he wrote. Yellow's assets include 12,000 trucks and 35,000 trailers, along with hundreds of terminals, according to its bankruptcy court filing. Yellow said in its bankruptcy filing it had $2.15 billion in assets and $2.59 billion in debt. WHAT'S NEXTA final decision by Treasury on whether it will extend the loan is expected this month, as the bankruptcy proceeds to a potential sale of assets.

Persons: Mike Blake, Josh Hawley, Trump, Roger Marshall, Sherrod Brown, Bob Casey, Elizabeth Warren, Ed Markey, Jack Cooper, Jack Cooper's, Hawley, gainfully, Biden, Jarrett Renshaw, Heather Timmons, Matthew Lewis Organizations: U.S, U.S . Treasury, Republicans, Democrats, Reuters, Treasury, Republican, Democratic, Walmart, International Brotherhood of Teamsters, Thomson Locations: Mexico, San Diego , California, U.S, Philadelphia

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