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☆ Middle Manager Hiring Has Plunged, and Those Jobs May Never Come Back
▼ + stars: | 2024-12-02 | by ( Aki Ito | ) www.businessinsider.com time to read: +9 min

But here's the thing: It's not just that tens of thousands of middle managers have lost their jobs. But hiring had plunged by 43% for middle managers and 57% for senior leaders. But it's unclear whether getting rid of middle managers actually made companies run more efficiently. But study after study found that when middle managers do their jobs right, they bolster performance more than either top executives or ground-level employees. Companies are already discovering that having few middle managers is placing an enormous strain on their operations.

Persons: they've, Mark Zuckerberg, Andy Jassy, Elon Musk, —, we've, I've, What's, they'd, They're, Rick, I'm, Zuckerberg, There's, they're, Zers, Aki Ito Organizations: Citi, Amazon, Revelio Labs, Supervisors, Data Technologies, Business Locations: Domino's

☆ AI and semiconductors: China hits out at latest US effort to block Beijing’s access to chip technology
▼ + stars: | 2024-12-02 | by ( Juliana Liu | Sean Lyngaas | ) edition.cnn.com time to read: +3 min

Chinese leader Xi Jinping has made self-sufficiency a major pillar of his economic strategy to make China a tech superpower. On Monday, the US Commerce Ministry announced curbs on the sale of two dozen types of semiconductor-making equipment and restrictions on numerous Chinese companies from accessing American technology. China’s Commerce Ministry condemned the move, accusing the US of “abuse” of export controls and posing “a significant threat” to the stability of global industrial and supply chains. ‘Strongest ever’ controlsSenior US officials have also accused China of outright stealing American-made AI software, which Beijing denies. Last October, the Commerce Ministry reduced the types of semiconductors that American companies can sell to China, citing the desire to close loopholes in regulations announced in 2022.

Persons: Biden, Donald Trump, Xi Jinping, China’s, “, Gina Raimondo Organizations: Washington CNN, US Commerce Ministry, China’s Commerce Ministry, Communist Party, ‘ Strongest, Commerce Ministry, Trump, China Construction Bank Locations: China, Hong Kong, Washington, Beijing, Taiwan, People’s Republic of China, ICBC

☆ In an all-hands meeting, Intel's new leaders emphasized outgoing CEO Pat Gelsinger's 'personal decision'
▼ + stars: | 2024-12-02 | by ( Helen Li | Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

AdvertisementIntel CEO Pat Gelsinger is out of the top spot after a challenging 4-year tenure. On Monday morning, Intel employees joined an all-hands meeting after receiving an email invite at 5 a.m. PT. Being CEO of Intel was Pat Gelsinger's dream since he joined the company as a teenager in 1979. But no one at the top has the technical expertise of Gelsinger, which Intel employees pointed out in their questions. No one has been a closer witness to this roller coaster than Intel employees, who have seen multiple waves of layoffs and buyouts.

Persons: Pat Gelsinger, David Zinsner, Michelle Johnston Holthaus, unravels ChatGPT, isn't, Pat Gelsinger's, Alvin Nguyen, Forrester, Gelsinger, Zisner, Holthaus, Intel's, Edward Jones, Said, Frank Yeary, Bernstein, Vivek Arya, Daniel Newman, Logan Purk, Pat, Emma, ecosgrove Organizations: Intel, Bloomberg, Department of Commerce, Nvidia, Gaudi, Bank of America

☆ Dollar faces crunch week for U.S. rates, yen holds gains
▼ + stars: | 2024-12-02 | by ( ) www.cnbc.com time to read: +3 min

The risk of an early hike was enough to keep the dollar pinned at 149.60 yen , having shed 3.3% last week in its worst run since July. The euro held at $1.0555, after bouncing 1.5% last week and away from a one-year trough of $1.0425. That left the dollar index flat at 105.790, having closed out November with a gain of 1.8% even after last week's setback. "But the bar for a further shift in expected interest rates in favor of the U.S. in the near term is quite high," he added. Political uncertainty is another drag for the single currency as investors wait to see if France's government can survive the week intact.

Persons: Kazuo Ueda, Christian Keller, Jonas Goltermann, Jerome Powell, Michel Barnier Organizations: Bank of Japan, Barclays, Capital Economics, Federal Reserve, European Central Bank, National Locations: Tokyo, U.S, Greece

☆ Bernstein says this tech stock is its best idea for 2025, could be added to the S&P 500
▼ + stars: | 2024-12-02 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +1 min

Payments processing company Block is one of Bernstein's favorite stocks heading into 2025. Analyst Harshita Rawat, who holds an outperform rating on the stock, raised her price target on shares to $120 from $90. It also owns digital wallet company Cash App and buy-now-pay-later company Afterpay. "Looking into 2025, we see potential for mid-teens gross profit growth driven by incentives around increasing direct deposit penetration (the #1 driver of long-term growth), growth in borrow and commerce initiatives (e.g., Cash App and Afterpay on Cash App Card). The stock also has the potential for inclusion in the broad market S & P 500 index, she added.

Persons: Harshita Rawat, Rawat, Cash, — CNBC's Michael Bloom Locations: Friday's

☆ Meet the Press – December 1, 2024
▼ + stars: | 2024-12-01 | by ( ) www.nbcnews.com time to read: +56 min

ANNOUNCER:From NBC News in Washington, the longest-running show in television history, this is Meet the Press with Kristen Welker. He credited President-elect Trump with this ceasefire, Jake, saying, quote, "Everyone is coming to the table because of President Trump." The second dynamic to watch is, Kash Patel is on the record for the retribution agenda that Donald Trump ran on. I will never forget when you asked former President Trump – President-elect Trump and President Biden during that last presidential debate in 2020 about 545 children who were still separated from their parents. And before we go, the newest member of the Meet the Press family, Frankie Alice Katz was born at 12:23 a.m. on Wednesday.

Persons: KRISTEN WELKER, Donald Trump, Christopher Wray, Kash Patel, KASH PATEL, I’d, FBI Hoover, Trump, PRES, JOE BIDEN, JUSTIN TRUDEAU, He’d, Bill Hagerty, Chris Murphy, Jake Sullivan, JONATHAN WHITE, Oscar, Errol Morris, NBC's Jacob Soboroff, Jonathan Allen, Kimberly Atkins Stohr, Matt Gorman, Sahil Kapur, it’s, Kristen Welker, Patel, “, STEVE BANNON, Bannon, DONALD TRUMP, Justin Trudeau, Trudeau, he'd, Biden, Edan Alexander, YAEL ALEXANDER, Jake, JAKE SULLIVAN, Kristen, we're, that's, Mike Waltz, President Trump, we've, Joe Biden, Bashar al, Assad, it's, I'm, They're, Chris Wray, Joe Biden didn't, Hagerty, SEN, BILL HAGERTY, Let's, I've, Kash, Colin Kahl, Kamala Harris, You've, Rob Malley, He's, Ariane Tabatabai, It's, Hunter, Hunter Biden, Kash Patel's, – SEN, –, Bill Barr, Tony Blinken, Israel, That's, Trump's, Tulsi Gabbard, she's, Tulsi, – KRISTEN WELKER, Murphy, Press . SEN, CHRIS MURPHY, Donald Trump's, Adam Schiff, Marco Rubio, Marcio Rubio, Donald Trump carte, who's, they're, you've, Harris, Nancy Pelosi, Tim Scott, Hope, Jon, John Bolton, JONATHAN ALLEN, John Bolton's, Matt Gaetz, SAHIL KAPUR, he's, doesn't, tweeting, MATT GORMAN, Gaetz, it's Tulsi, Betsy Devos, Matt Gaetz didn't, DOJ – didn’t, Pete Hegseth, Jr, KIMBERLY ATKINS STOHR, Matt, Claudia Sheinbaum, Biden's, Judge Ketanji Brown Jackson, We've, Yitzhak Rabin, YITZHAK RABIN, Jacob Soboroff, JACOB SOBOROFF, ERROL MORRIS, Errol, Jacob, Adam Serwer, haven't, Jacob – ERROL MORRIS, Jonathan White, Pope, hadn't, Frankie Alice Katz, Sally Bronston Katz, Michael, Frankie Alice, Fredalee, Adrien, We'll Organizations: FBI, Senate, Democratic, Connecticut, National Security, Trump, Boston Globe, NBC, Press, Bureau, Canadian, Hezbollah, Hamas, National, Lebanese Army, Rebels, UN, Republican, The Press, DOD, Department of Justice, China, United States, Depot, Walmart, Communist, Press ., of Justice, White, Wall Street, Republicans, of Commerce, Treasury, Education, Biden White House, Communications, AG, RFK, DOJ, Heritage, U.S ., Mar, Democrat, Clean Energy, U.S, Supreme, Palestine Liberation Organization, Israeli, Oscar, NBC News, Human Rights, American Academy of Pediatrics, Department of Homeland Security, Trump –, MSNBC, Refugee, . Locations: Tennessee, Israel, Gaza, Washington, Mexico, Canada, China, Mar, United States, U.S, Lebanon, Iranian, France, Lebanese, Syria, Aleppo, Iran, Russia, American, Japan, Europe, –, Connecticut, America, States, Trump, Oslo Accords, Eastern Europe

☆ TikTok is facing accusations of election interference after a surprise win by a far-right candidate in Romania
▼ + stars: | 2024-12-01 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Romania's defense council says TikTok's algorithm fueled the rise of a far-right candidate. TikTok is facing accustions from regulators in Romania that content on the platform improperly influenced the country's presidential election. AdvertisementIn its statement, the Romanian defense council said there is growing interest inside Russia to "influence the public agenda in Romanian society" and disrupt social cohesion. The defense council said that not labeling the content as campaign-related drastically increased its visibility on TikTok. TikTok has also faced scrutiny in the United States for allowing political ads that included disinformation in the lead-up to the 2024 presidential election.

Persons: TikTok, Călin Georgescu, Vladimir Putin, Marcel Ciolacu, Georgescu, —, Donald Trump, Paolo Ganino Organizations: Romania's, of National Defense, Romanian Constitutional Court, Associated Press, NATO, AP, Supreme, TikTok, Facebook, Business, Politico Locations: Romania, NATO, Ukraine, Russia, Romanian, United States

☆ How dating apps are changing in the wake of swiping fatigue and new startups emerging
▼ + stars: | 2024-12-01 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +2 min

Business Insider has interviewed several founders of the newest dating startups entering the ring. Dating apps are in for a shake-up. Read: Meet the founders behind 11 dating startupsThe new crop of dating apps is tackling various pain points in the online dating experience. AdvertisementThere's also a wave of IRL-focused startups that forgo the experience of a dating app entirely with in-person events bringing singles together. Read more about new dating startups launching to compete with Tinder, Hinge, and Bumble:

Persons: There's Organizations: Match, Tech, Facebook Locations: New York

☆ Cheap and almost hangover-free — why the teeny, tiny martini is trending
▼ + stars: | 2024-12-01 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

AdvertisementAnd once you start noticing them on bar menus, it can quickly start to feel like the tiny martini is everywhere. Related storiesTayēr and Elementary's tiny martini debuted in 2019, but a bar representative told BI: "These days, there is literally no table that wouldn't order them." Teeny, tiny moments of luxuryAnother factor favoring the popularity of the mini martini is a heightened demand for luxury experiences. Tiny martinis might still scratch the itch for a special moment, Flynn added. "What it offers," she said, "is that feeling of a mini luxury moment."

Persons: IWSR, Tao, Missy Flynn, gilda, Gen Zers, Valentina, Valentina Tiny martinis, Gen Zer's, Claudine Ben, Zenou, Flynn, There's, gilda —, Claudia D'Arpizio Organizations: Pew Research Center, Bain, Bain & Company Locations: New York City, London, Side's, Tayēr, Rita's, American, London's Soho

☆ Don’t expect small caps to hold their postelection gain. Look at these other Trump trades instead
▼ + stars: | 2024-12-01 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Small caps have been one of the hottest corners of the markets in the wake of President-elect Donald Trump's election victory four weeks ago. "Small caps right now are a trade, not a fundamental move," Krei added. Krei is also more optimistic on financials, another group that, like small caps, has outperformed following Trump's election. The Financial Select Sector SPDR Fund ETF (XLF) surged 10.5% in November, bringing its 2024 advance to 38% in 2024. The Energy Select Sector ETF (XLE) has risen 16.7% year to date, underperforming the broader market, but jumped 7.8% in November alone.

Persons: Donald Trump's, Andrew Krei, Krei, Russell, Lauren Goodwin, Goodwin, We're, — CNBC's Michael Bloom Organizations: Trump, Crescent Grove Advisors, CNBC, New York Life Investments, SPDR Fund, Sector Locations: New York

☆ Joe Biden’s pardon reversal reflects family loyalty over legacy
▼ + stars: | 2024-12-01 | by ( Jeff Zeleny | ) edition.cnn.com time to read: +4 min

The decision to issue a blanket pardon for his son Hunter will forever be a part of the president’s legacy. For Biden, family has long come above nearly everything. After Beau Biden died of a glioblastoma brain tumor in 2015, the elder Biden’s bond with Hunter strengthened beyond words. It was not one reached, like so many Biden judgments, after long and tedious discussions with his circle of advisers. This was a far more of a family decision, where his role as a father – the only title he will keep for life – came above all else.

Persons: Joe Biden, Hunter, ” Biden, Biden, Donald Trump’s, Hunter Biden, “, Justice Department’s, “ Hunter, –, they’ve, Beau, Beau Biden, They’ll Organizations: CNN, Senate, Office, White, Justice, Amtrak Locations: Nantucket, Washington, Africa, Delaware

☆ Top Wall Street analysts pick 3 stocks for their attractive prospects
▼ + stars: | 2024-12-01 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

Top Wall Street analysts look to pick stocks of companies that are backed by strong financials, reliable business models and that boast attractive product offerings. With that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. ServiceNowThis week's first pick is artificial intelligence-enabled workflow automation software company ServiceNow (NOW). Following a virtual fireside chat with ServiceNow's CFO Gina Mastantuono, Mizuho analyst Gregg Moskowitz reiterated a buy rating on NOW stock. The analyst also raised the price target to $1,070 from $980 to account for the rise in comparative valuation multiples.

Persons: Rafael Enrique, Lightrocket, Donald Trump, Gina Mastantuono, Gregg Moskowitz, Moskowitz, TipRanks, TD Cowen, Derrick Wood, Wood, Twilio Organizations: Wall, Mizuho, ServiceNow's Locations: Snowflake's, Snowflake

☆ 4 predictions for the US housing market in 2025, according to Zillow
▼ + stars: | 2024-12-01 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

AdvertisementThe US housing market will keep shifting in 2025, according to Zillow. Homebuying activity should pick up after a long slump, despite choppiness in mortgage rates, the firm said. Between stubbornly high mortgage rates and elevated prices, home buyers had a tough time navigating the housing market in 2024, but more changes could be coming next year, Zillow says. In a recent outlook, the real estate listings site forecast a handful of developments for next year's housing market, which they noted is still in the process of normalizing since the pandemic. Mortgage rates will be choppyZillow predicted that mortgage rates will bounce up and down throughout next year.

Persons: Zillow, Freddie Mac, Skylar Olsen, Olsen, there's Organizations: National Association of Realtors

☆ A Chinese invasion of Taiwan would depend on seizing its ports. That won't be easy.
▼ + stars: | 2024-12-01 | by ( ) www.businessinsider.com time to read: +7 min

AdvertisementA Chinese invasion of Taiwan must focus on seizing a port to bring in tanks and supplies. Related Video China shows how it would attack Taiwan as tensions riseAs it contemplates an invasion of Taiwan, China is well aware of this problem. And beach assaults like D-Day come with the risk that Taiwanese troops could bottle up the attackers. Once it is captured, Chinese forces will dig in to resist a counterattack, while engineers repair the docks and clear the shipping lanes. In the end, the fate of an invasion of Taiwan turns on which side controls the ports.

Persons: Ian Easton, Easton, Horatio Nelson, Michael Peck Organizations: China Maritime Studies, US Naval War, Army, People's Liberation Army, Getty, PLA, Communist Party, Taiwan, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Taiwan, China, Easton, AFP, Taichung, Kaohsiung, Mailiao, Taipei, Dieppe, France, Normandy, Brest, Cherbourg, Forbes

☆ Romanians vote in parliamentary election amid turmoil over claims of Russian interference in presidential race
▼ + stars: | 2024-12-01 | by ( Associated Press | ) edition.cnn.com time to read: +7 min

BUCHAREST, Romania Associated Press —Romanians cast ballots Sunday in a parliamentary election sandwiched between a two-round presidential race, the first of which has plunged the European Union and NATO member into unprecedented turmoil following allegations of electoral violations and Russian interference. By 5 p.m., about 7.5 million people – about 42% of eligible voters – had cast ballots, according to the Central Election Bureau. Cristian Andrei, a political consultant based in Bucharest, predicted the general election could also be reshaped by Georgescu’s success, with far-right parties possibly obtaining record highs. “The impact of the surprise in last Sunday’s presidential election will be significant, and we are going to wake up in a new political reality,” he told The Associated Press. Some have predicted that the far-right nationalist S.O.S Romania party, and the little-known Party of Young People, which has backed Georgescu, could pass the threshold.

Persons: –, Calin Georgescu, Elena Lasconi, Vladimir Putin, Alexandru Rizescu, ”, “, Georgescu, it’s, Andrei Pungovschi, Cristian Andrei, “ Georgescu, Marcel Ciolacu, ” Georgescu, ” “, Andreea Alexandru, Silviu Organizations: Press, European Union, NATO, Bureau, Save, Save Romania Union, Constitutional, Sunday, Associated Press, Social Democratic Party, PSD, National Liberal Party, PNL, ”, Alliance, Unity, REPER, Force, of Young Locations: BUCHAREST, Romania, Save Romania, Europe, Izvorani, Bucharest, TikTok, Russia, Romanian, EU, Sens

☆ Here’s why Americans traveling to Europe may find bargains in 2025
▼ + stars: | 2024-11-30 | by ( Greg Iacurci | ) www.nbcnews.com time to read: +5 min

Americans traveling to Europe next year may be in store for some bargains. “That’s a good thing for American tourists traveling abroad in Europe,” said Brendan McKenna, an international economist at Wells Fargo Economics. Now, euro parity is “back on the cards,” James Reilly, senior markets economist at Capital Economics, wrote in a research note Nov. 11. For one, the U.S. economy has “held up a lot better than anyone has been expecting” over the past year or two, in stark contrast with Europe, Reilly said. Of course, there’s a risk Europe retaliates with its own tariffs or somehow penalizes Americans by raising certain consumer prices, such as airfares, Reilly said.

Persons: “, ”, Brendan McKenna, Donald, ” James Reilly, Reilly, it’s, Trump, ” Reilly, McKenna, Wells Organizations: U.S ., U.S, Wells, Wells Fargo Economics, European Union, Capital Economics, ICE, CNBC, Travelers, U.S . Federal, European Central Bank, ECB, Treasury Locations: Europe, Wells Fargo, Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain, China, Canada, Mexico, U.S, Trump

☆ Over a year after Lahaina fires, Native Hawaiian homeowners hit another breaking point
▼ + stars: | 2024-11-30 | by ( Jessica Machado | Jessica Machado Is An Editor At | ) www.nbcnews.com time to read: +12 min

She wants to rebuild for her family of six, but the costs are overwhelming, especially since her rental assistance ran out two months ago. For many Lahaina homeowners, rental assistance through their insurance ended in October after they’d spent the first couple of months post-fire filing claims and getting shuffled into hotels. Carolyn Auweloa and Mikey Burke have started Lahaina Community Land Trust so residents have the option to stay in Lahaina or sell within the community. Before they can apply for the Federal Emergency Management Agency’s rental assistance, homeowners must first exhaust all of their LOU and ALE policies, which cover rental costs when a disaster makes your home uninhabitable. The Lahaina Community Land Trust understands that funding is an uphill battle, but it has slowly been making gains.

Persons: Mikey Burke, they’d, Carolyn Auweloa, Jessica Machado, ”, Kukui Keahi, ” Burke, LOU, Burke, Bob Fenton, Tamara Paltin, “, didn’t, ” Fenton, It’s, Ka La'i, Matt Jachowski, ’ ” Bert Noury, Fenton, Noury, he's, “ We’ve, Earle, Kukahiko, Earle Kukahiko, —, ’ ”, I’ve, hale, ” Carpenter Jeremy DelosReyes, ” Jeremy DelosReyes, DelosReyes, Keahi, Trump, don’t Organizations: FEMA, Land, NBC, Council, Federal Emergency Management, University of Hawaii Economic Research Organization, Native Hawaiian Advancement, Environmental Protection Agency, Land Trust Locations: Maui, Lahaina, “, Lahaina , Hawaii, West Maui, Hawaii, Texas, Vegas, Washington, Orlando , Florida, Kukahiko

Economists broadly dislike tariffs, saying they tend to increase prices for consumers — a likelihood that many company executives are already warning of. The new slate of tariffs Trump calls for would be much steeper and more far-reaching if fully implemented. “In his first term, President Trump instituted tariffs against China that created jobs, spurred investment and resulted in no inflation,” Trump transition spokeswoman Karoline Leavitt said in a statement. Angie Chua, founder of Bobo Design Studio, is considering adding a line item to show customers how tariffs affect her prices. How do you even forecast for that?”Hadley Douglas, left, pictured with her husband, TJ Douglas, said steep tariffs could drive small wine distributors out of business.

Persons: they’d, Trump, Karoline Leavitt, “, Chris Smith, Smith, He’s, Angie Chua, Bobo, Kristina Bumphrey, Chua, ”, ” Chua, doesn’t, ” Hadley Douglas, TJ Douglas, John Tlumacki, Hadley Douglas, Douglas, ” Douglas, Joe Hakim, he’s Organizations: NBC, Trump, “, Virginia Beer Company, Bobo Design, Bobo’s, Boston Globe, Getty, Boston, U.S . Chamber, Commerce’s Small Business Council Locations: China, Williamsburg , Virginia, Palm Springs , California, Boston, Redford , Michigan

☆ Remote workers are swapping commute hours for side hustles
▼ + stars: | 2024-11-30 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

The higher rate of side gigs among remote workers, though small, could also stem from some evidence that productivity slows when workers are pushed to return to the office. Stanford economists found 10% lower productivity for fully remote work compared to fully in-person work. Some remote workers told BI they drive for Uber or DoorDash while working as accountants or analysts. AdvertisementBI has also reported on dozens of "overemployed" remote workers who secretly work multiple jobs to earn six-figure incomes. Many said they don't feel guilt for working multiple remote positions, even as remote roles become scarcer and harder to get.

Persons: supercommuting, —, hustlers, Jesse Singh, Natalie Fischer, She's, Patrick, didn't Organizations: Stanford, eBay Locations: California

☆ Disney CEO Bob Iger says working out and eating well make him a better leader — and he couldn't do his job otherwise
▼ + stars: | 2024-11-30 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

AdvertisementDisney CEO Bob Iger says diet and exercise are critical to doing his job well. Iger said he wakes up early and works out because it gets his mind and body ready for the day ahead. Disney may be known for its magic, but there's nothing mystical about one of CEO Bob Iger's tips for excelling as a leader: diet and exercise. Iger first served as CEO between 2005 and 2020, spearheading the acquisitions of Pixar, Marvel, Lucasfilm, and 21st Century Fox's entertainment assets. AdvertisementOn the other hand, Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, famously enjoys Coca-Cola, McDonald's, and other junk food.

Persons: Bob Iger, Iger, Bob Iger's, he's, I'm, you've, Tim Cook, Meta's Mark Zuckerberg, Warren Buffett, Berkshire Hathaway Organizations: Disney, Pixar, Marvel, Lucasfilm, Berkshire

☆ I taste-tested 5 coffee chains' hot chocolate, and the best was rich and creamy without being too sweet
▼ + stars: | 2024-11-30 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +7 min

AdvertisementTo find the best hot chocolate, I tried Starbucks, Peet's, Coffee Bean, Dunkin', and Krispy Kreme. For those of us trying desperately to cut back on caffeine, the humble classic hot chocolate is a top-tier choice. Peet's Coffee Peet's Coffee offered a standard cup of hot cocoa made from chocolate powder and 2% milk. AdvertisementWithout the dairy, Dunkin' hot chocolate was noticeably less creamy, though it had an intense chocolate flavor — a likely benefit of the mocha syrup on top. Though notably missing any unique toppings such as a chocolate syrup swirl or marshmallow, which would undoubtedly heighten the experience, this hot chocolate was rich and creamy without being too sweet.

Persons: Bean, Dunkin, Krispy, Leaf, Katherine Tangalakis, —, Lippert, Kreme, Krispy Kreme Organizations: Starbucks, Peet's Coffee Locations: Italy

☆ The Latino working class voted for Trump. How will his policies affect them?
▼ + stars: | 2024-11-30 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Republicans in this year’s US presidential election gained ground with Latino voters, a fast-growing electorate in which more than a million become old enough to vote each year. Many of those voters, dissatisfied with inflation’s eruption since the pandemic, voted for Trump in a rebuke to Biden. Trump’s policies likely won’t improve Latino livesAll eyes will be on the economy during Trump’s second administration. A majority of Latino voters don’t feel beholden to any party and prioritize issues over candidates, according to a report from the Latino Donor Collaborative. Ana Valdez, president of the Latino Donor Collaborative, said that Republicans made a greater investment in Latino voters this year, which included booking Spanish-language ads as well as pointing to high inflation.

Persons: Eduardo Sanchez, Donald Trump, Joe Biden, Biden, “, ” Sanchez, years, Trump, Kamala Harris, Chandan Khanna, Mike Madrid, Nikki Garcia, ” Garcia, she’s, ”, Monica Garcia, Perez, Stringer, Garcia, There’s, Ana Valdez, Andrew Lichtenstein, ” Valdez, Carlos Odio Organizations: Washington CNN, CNN, Trump, Security, Democratic Party, AP, Getty, Republican, Central Florida, Fayetteville State University, Monday, Shipping, Social Security, Brookings, “ Employers, Republicans, Democratic Locations: San Francisco, Nicaragua, Nevada, Pennsylvania, Trump, Miami , Florida, Cuba, Central, Mexico, Canada, China, “, Nanjing, China's Jiangsu, AFP, Puerto Rican, North Philadelphia

☆ 'Senna' character Laura Harrison isn't a real reporter, but she serves a key purpose in the story
▼ + stars: | 2024-11-30 | by ( Olivia Singh | ) www.businessinsider.com time to read: +4 min

F1 reporter Laura Harrison isn't based on a real person, but she serves a key purpose. Famed Formula 1 driver Ayrton Senna's life and career is the subject of Netflix's latest limited series "Senna." However, the show also introduces a fictional character, a journalist named Laura Harrison (Kaya Scodelario). Laura Harrison is a reporter who meets Ayrton Senna during his days racing in Formula FordKaya Scodelario as Laura in "Senna." Related storiesLaura Harrison isn't based on any real-life people that Senna knewGabriel Leone as Ayrton Senna in "Senna."

Persons: Ayrton Senna's, Laura Harrison isn't, Senna, Gabriel Leone, IBM's Jonathan Adashek, Laura Harrison, Kaya Scodelario, Ayrton Senna, Ford Kaya Scodelario, Laura, Enrique Mansilla, Harrison, Claire, Harrison juggles, Alain Prost, Alan Roskyn, Senna's, Milton da Silva, Neyde Senna Organizations: San Marino, San Marino Grand Prix, Ford, Netflix, Formula Ford, Norfolk Express, Formula, Autosport, McLaren Locations: San Marino Grand, Brazil, England, British, Imola, Italy

☆ Hurricane season is over, but the rise of storm-resistant homes in Florida is just getting started
▼ + stars: | 2024-11-30 | by ( Dan Latu | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +11 min

AdvertisementAbout two hours southeast of Hunters Point is a development called Babcock Ranch, which bills itself as "The Hometown of Tomorrow." A rep said that in the days before Hurricane Milton, Babcock Ranch saw a 390% increase in daily visits to its website. Hunters Point homes are high off the ground and air-tightLiving spaces begin on the second floor of the homes in Hunters Point. AdvertisementThese connections — roof to walls, walls to each other, and walls to foundation — are fundamental to building a house that can withstand hurricane-force winds. AdvertisementIn Hunters Point homes, though, "everything is connected.

Persons: Hurricane Milton, William Fulford's, Fulford, Hurricanes Helene, Milton, Babcock, Leslie Chapman, Henderson, Chapman, Marshall Gobuty, they're, you've, Mike O'Reilly, Gobuty, Syd Kitson, Mother Nature, Kitson, Ian, shouldn't, O'Reilly, Fred Malik, Malik Organizations: Hurricane, Hurricanes, Babcock, Federal Alliance, Safe Homes, beefed, Business, Colorado State University, Insurance Institute for Business & Home Safety Locations: Florida, Tampa , Florida, Gulf of Mexico, Cortez , Florida, Hurricane, Punta Gorda , Florida, Florida's, Tampa, Sarasota Bay, Hurricane Milton, We're, Chapman

☆ Oracle is on pace for the best year since 1999. What led to the meteoric rise
▼ + stars: | 2024-11-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Oracle has soared 75% this year, headed for its second-best year on record and best since 1999, when shares roughly quadrupled in price. "The company is delivering a lot of value to its customers," said Dan Flax, senior research analyst at Neuberger Berman. ORCL ALL mountain Oracle, long term Now, refocusing on its cloud infrastructure business has helped Oracle master the AI ecosystem, fueling interest from investors. Still, investors such as Laffer Tengler Investments CEO Nancy Tengler view Oracle as operating in a sweet spot in the worlds of cloud computing and AI inference. "There's not a lot of companies that are growing" at the rate of Oracle.

Persons: ChatGPT, Jensen, That's, Bill Clinton, Dan Flax, Neuberger Berman, Larry Ellison, Elon Musk, hyperscalers, Angelo Zino, Zino, Robert Pavlik, Ellison, Larry, Kim Forrest, He's, Steve Jobs, What's, Forrest –, Nancy Tengler, Tengler Organizations: Oracle, Nvidia, Devices, Microsoft, Forbes, CFRA, Bokeh Capital Partners, Amazon, Tengler Locations: U.S

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