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☆ A 30 year old who built up a net worth of more than $1 million and quit his day job says he primarily invests in 2 types of funds — and explains why he diversifies with real estate instead of bonds
▼ + stars: | 2023-09-27 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +9 min

He quit his day job in March 2022 to build his personal finance brand, Defining Wealth, and coaching business full-time. The 30 year old shared his investment strategy, including the types of funds he invests in and why he prefers buy-and-hold real estate. Most of his stock-market money is invested in two types of funds, he told Insider: a broad US fund and a broad international fund. He started investing in real estate in 2018 in Orlando, Florida, where he lived at the time. What Wright likes about investing in real estate is that "you're buying an asset that's producing income," he said.

Persons: Tyler Wright, I'd, Wright, I've, Tyler Wright Wright, I'm, he'd Organizations: University of Central, Vanguard, Fidelity, Index Fund, Facebook, Google, Apple Locations: University of Central Florida, cryptocurrency, Nashville, Orlando , Florida, Orlando, Tennessee

ATLANTA (AP) — Baseball's best team has some major pitching concerns heading into the final week of the regular season. Strider remains confident in his team, no matter who is healthy for the playoffs. Without Fried, the Braves would have to turn to someone they never expected to use for a playoff start. Morton (14-12) definitely is out until at least the best-of-seven NL Championship Series, which begins Oct. 16 and would require four starters. Should the Braves advance past the NLDS, they hope the 39-year-old right-hander will be able to return from a sprained index finger.

Persons: — Baseball's, — Max Fried, Charlie Morton —, Spencer Strider, Bryce Elder, Strider, ”, “ It's, It's, Allan Winans, Winans, Fried, Morton, Brian Snitker, “ There's, Snitker, NL Cy Young, He's, Kyle Wright, Wright, “, Hurston Waldrep, Waldrep, Jaret Shuster, Dylan Dodd, AJ Smith, Darius Vines, “ We've, ” Strider Organizations: ATLANTA, Braves, NL, Washington, ”, Philadelphia, Phillies, NL Cy, Triple, Gwinnett Locations: Atlanta

Importantly, the site is near Wright-Patterson Air Force Base and the headquarters of the U.S. Air Force Research Laboratories. With this announcement, that aspiration has been realized.”Political Cartoons View All 1163 ImagesThe Wright brothers, Orville and Wilbur, lived and worked in Dayton. Joby CEO JoeBen Bevirt told the AP that the company chose Ohio after an extensive and competitive search. 3 in the nation on manufacturing jobs — and that depth of manufacturing prowess, that workforce, is critical to us as we look to build this manufacturing facility. That included the loss of tens of thousands of auto and auto parts manufacturing jobs in the early 2000s and the loss of ATM maker NCR Corp.'s headquarters to an Atlanta suburb in 2009.

Persons: Wright, Mike DeWine, Jon Husted, ” Husted, Orville, Wilbur, Orville Wright's, Hawthorn Hill, Joby, JoeBen Bevirt, Bevirt, J.P, Nauseef, that’s, —, ” Bevirt, DeWine —, John Glenn, Neil Armstrong Organizations: Joby Aviation Inc, ” Republican Gov, Associated Press, Intel, Dayton International, Republican, Gov, Patterson Air Force Base, U.S . Air Force Research Laboratories, “, U.S, Hawthorn, Wright Model B, Toyota, Delta Airlines, Air Force, U.S . Department of Energy, AP, Boeing, Airbus, NCR Corp, U.S . Air Force’s, . Space Command, Space Force Locations: COLUMBUS , Ohio, Ohio, Wright, Dayton, Santa Cruz , California, “ Ohio, Atlanta, Springfield, Marina , California

Three decades ago, as a University of North Carolina student, he covered a deadly shooting for the school newspaper. Last month, as a journalism professor at the same school, Ryan Thornburg kept his students safe during a lockdown — after another shooting. Thornburg, the former student journalist, didn’t even think to call his parents in California about the 1995 shooting until he saw a television news van near the scene. A few days later, it was their turn to experience a campus shooting. Students who grew up in the age of school shootings are arriving on campus extra jumpy, he said.

Persons: Ryan Thornburg, didn’t, Wendell Williamson, Williamson, Thornburg, ”, “, ’, Paul Dean, Dean, Zoe Bright, I’ve, Bright, Mark, Mark Bright, Presley Bright, Dan Flannery, ” Flannery, ’ ”, Holly Ramer Organizations: University of North, UNC, Chapel Hill, International Association of Campus, University of New, Safety, Violence Prevention, Research, Case Western University, Associated Press Locations: University of North Carolina, California, University of New Hampshire, United States, “, New Hampshire

☆ Phillies outslug Braves to gain doubleheader split
▼ + stars: | 2023-09-11 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/71] Sep 11, 2023; Philadelphia, Pennsylvania, USA; Atlanta Braves starting pitcher Charlie Morton (50) pitches in the first inning against the Philadelphia Phillies at Citizens Bank Park. Despite scoring five runs, Atlanta went 1-for-8 with runners in scoring position. Realmuto hit an RBI sacrifice fly to right, Castellanos added an RBI single and Sosa ripped a two-run double to left. Marsh ripped a solo homer to right with two outs in the fifth for a 7-3 advantage. The Braves crept within 7-5 in the seventh when Harris hit a solo homer off Gregory Soto.

Persons: Charlie Morton, John Geliebter, Edmundo Sosa, Brandon Marsh, Trea Turner, Jake Cave, Nick Castellanos, Michael Lorenzen, Craig Kimbrel, Ronald Acuna Jr, Atlanta's Matt Olson, Andruw Jones, Michael Harris, Nicky Lopez, Kyle Wright, Realmuto, Castellanos, Sosa, Olson, Turner, Marsh, Olson lofted, Lorenzen, Harris, Gregory Soto Organizations: Atlanta Braves, Philadelphia Phillies, Citizens Bank, Braves, Atlanta, Phillies, National League, Thomson Locations: Philadelphia , Pennsylvania, USA

LAS VEGAS (AP) — Criminal charges were dropped Thursday against Las Vegas Aces player Riquna Williams after the alleged victim in a July domestic violence incident at their home stopped cooperating with prosecutors ahead of a preliminary hearing to determine if the case should go to trial. Williams’ attorney, Brandon Albright, told reporters that Williams hopes to rejoin the team for WNBA playoffs that begin next week. “It’s our hope that in short order she’ll be able to join her team,” Albright said. Williams played for the University of Miami before she was drafted into the WNBA in 2012 by the Tulsa Shock. ____Associated Press sports writer Mark Anderson in Las Vegas contributed to this report.

Persons: Riquna Williams, Williams, Brandon Albright, “, she’ll, ” Albright, hasn’t, Albright, Taylor Reeves, Amy Wilson, ” Reeves, Wilson, Reeves, Mark Anderson Organizations: LAS VEGAS, Las Vegas Aces, WNBA, Aces, Western Division, Clark, Las Vegas Justice, Police, University of Miami, Tulsa, Los Angeles Sparks, Associated Press Locations: Florida, Las Vegas

☆ An ex-GMU law professor is suing his former students in a $108 million defamation case. His defense is similar to Johnny Depp's.
▼ + stars: | 2023-09-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +10 min

Wright then filed a defamation suit against the former students, seeking $108 million in damages. Reuters/ReutersUltimately, Depp won $10 million in compensatory damages and $5 million in punitive damages in his defamation case against Heard. And juries appear to be more receptive to ruling on behalf of defamation claimants, especially after big wins in cases like Depp's, Lovell told Insider. "By showing he's going through the legal system and going after them for $108 million dollars, it makes a statement," Lovell said about Wright's legal strategy. "These cases are rarely about monetary damages and are more often a vehicle to repair a reputation," Pearson told Insider.

Persons: Joshua Wright, Wright, Depp, Johnny Depp, Amber Heard, Donald Trump, Jean Carroll, Elyse Dorsey, Angela Landry, Law360, —, Dorsey, Landry, Hank Johnson, Tom Wheeler, Ajit Pai, Wheeler, Chip Somodevilla, George Mason, Getty Wright, Sandy Hook, Alex Jones, Tracy A, Pearson, Heard, Tre Lovell, Lovell, they're, Lindsay R, Johnny Depp's Organizations: Service, Federal Trade Commission, George Mason University, Federal Communications, Federal Trade, Capitol, Republicans, Communications, Bloomberg, George, Depp Defense, Voting, Fox News, Reuters, Binnall Locations: Wall, Silicon, WASHINGTON, DC, Rayburn, Washington , DC, Virginia

☆ Earnings Exchange: How to play Dollar Tree, Splunk, and Nvidia
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings Exchange: How to play Dollar Tree, Splunk, and NvidiaDegas Wright, Decatur Capital CEO, joins 'The Exchange' to discuss Wright's thoughts on the week's upcoming earnings results, how Wright would play Dollar Tree, and the story behind Splunk's earnings.

Persons: Nvidia Degas Wright, Wright Organizations: Decatur Capital

An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Only works with human authors can receive copyrights, U.S. District Judge Beryl Howell said on Friday, affirming the U.S. The Copyright Office did not immediately respond to a request for comment on Monday. The Copyright Office has also rejected an artist's bid for copyrights on images generated through the AI system Midjourney, despite the artist's argument that the system was part of their creative process. Howell agreed with the Copyright Office and said human authorship is a "bedrock requirement of copyright" based on "centuries of settled understanding."

Persons: Aly, Beryl Howell, Stephen Thaler, Thaler, DABUS, Ryan Abbott, Howell, Blake Brittain, Alexia Garamfalvi, Conor Humphries Organizations: Artificial Intelligence, REUTERS, United, Washington , D.C, District, Autonomous, Copyright, Thomson Locations: Shanghai, China, United States, U.S, Washington ,, United Kingdom, South Africa, Australia, Saudi Arabia, Washington

☆ Morgan Stanley thinks this stock that traces its roots to the Wright Brothers is a great buy here
▼ + stars: | 2023-08-07 | by ( Scott Schnipper | ) www.cnbc.com time to read: +1 min

Shares in Curtiss-Wright , which makes sensors, controls, subsystems and mission critical components for aircraft, have already climbed about 24% in 2023. CW 1Y mountain Curtiss-Wright shares over the past year. The "risk reward skews positive" on Curtiss-Wright shares, the Morgan Stanley analysts wrote in a Sunday note, upgrading the North Carolina manufacturer to overweight from equal weight. "The Pivot to Growth continues and endmarket demand remains robust, positioning CW for underappreciated topline expansion," Morgan Stanley said, referring to management's strategy. Curtiss-Wright's defense electronics business could grow at a 13% compounded annual rate through 2024 in light of heightened Defense Department outlays and reduced supply chain pressures, Morgan Stanley said.

Persons: Glenn Curtiss, Wilbur, Orville Wright, Kristine Liwag, Morgan Stanley, Wright, Morgan, Curtiss, CNBC's Michael Bloom Organizations: Curtiss, Department Locations: Friday's, North Carolina

LONDON, July 18 (Reuters) - King Charles will mark 400 years since William Shakespeare's plays were published in collective form on Tuesday, bringing actors and directors together to celebrate his love for the bard and a book hailed as one of the most important in English literature. Compiled by Shakespeare's friends seven years after his death, the Folio contained plays which had never before been published. Now he is sovereign, Charles, 74, wants to shape a monarchy fit for the future. He has been president of the Royal Shakespeare Company since 1991. At the Windsor Castle reception on Tuesday, actors will perform including Simon Russell Beale and Harriet Walter, two of Britain's greatest stage actors.

Persons: King Charles, William Shakespeare's, Shakespeare, Charles, Queen Elizabeth, Camilla, Julius Caesar, Macbeth, Ian McKellen, Judi Dench, Benedict Cumberbatch, David Tennant, Shakespeare's, Henry IV, Simon Russell Beale, Harriet Walter, Sarah Young, Alexandra Hudson Organizations: ROYAL, Royal Shakespeare Company, Alexandra Hudson Our, Thomson Locations: Windsor, Britain

☆ This 93-year-old Hilton Head woman is in a legal battle for land her family has owned since the Civil War
▼ + stars: | 2023-07-15 | by ( Nicquel Terry Ellis | ) edition.cnn.com time to read: +4 min

Now, Wright’s beloved land is at the center of a legal battle with a property developer looking to build a residential development next door. According to The Post and Courier, Georgia-based Bailey Point Investment, LLC is planning to construct 147 homes. Graves said Bailey Point had previously showed up at her grandmother’s house and offered $30,000 for Wright’s land, which she declined. “My porch is not on their property,” Wright told CNN. Attorneys for Bailey Point have not returned CNN’s request for comment.

Persons: Josephine Wright, Samuel Wright Sr, Wright, Tracey Love Graves, Graves, Bailey, ” Wright, Wright's, WJCL Wright’s counterclaim, “, ” Bailey, Bakari Sellers, ” Sellers, Irving, Tyler Perry, ” Organizations: CNN, Hilton, The, Investment Locations: New York, Island , South Carolina, Courier , Georgia, Wright’s, Hilton

☆ Brazil’s Jair Bolsonaro is barred from running for office until 2030
▼ + stars: | 2023-07-01 | by ( ) www.cnbc.com time to read: +6 min

Former Brazilian President Jair Bolsonaro leaves his home following a search operation, in Brasilia, Brazil May 3, 2023. Far-right former Brazilian President Jair Bolsonaro was barred Friday from running for office again until 2030 after a panel of judges concluded that he abused his power and cast unfounded doubts on the country's electronic voting system. Five judges on the nation's highest electoral court agreed that Bolsonaro used government communication channels to promote his campaign and sowed distrust about the vote. Speaking to reporters in Minas Gerais, Bolsonaro lamented that the trial was unfair and politically motivated. Brazilian law forbids candidates with criminal sentences from running for office.

Persons: Jair Bolsonaro, Bolsonaro, Carlos Melo, Judge Carmen Lucia —, —, Alexandre de Moraes, Melo, Fernando Collor de Mello, Luiz Inácio Lula da Silva, Sen, Sergio Moro, Maria Maris, Maris, Lula, Swift jailing, Gleisi Hoffmann, mongers, Donald Trump, Marie Santini, Katia Caminha, Caminha, Bolsonaro's, Thomas Traumann, didn't, Traumann Organizations: Insper University, Liberal Party, Federal, Lula's Workers ' Party, Federal University of Rio, Bolsonaro, Associated Press, Sao Paulo Locations: Brasilia, Brazil, Sao Paulo, Minas Gerais, Rio de Janeiro, Federal University of Rio de Janeiro, Rio de, Copacabana, Sao, decamp, Florida

☆ Applying for a job? These are the things an employer might dig into about your background.
▼ + stars: | 2023-06-13 | by ( Josée Rose | ) www.businessinsider.com time to read: +6 min

Drug screening is common in North America; the US has seen many states loosen rules on marijuana. Screening social media is happening more, though only 10% of North American companies do it. More North American companies might consider conducting background checks on candidates given how New York Rep. George Santos lied about his background during his campaign. HireRight found that social media screening was a hot topic, with the survey responses showing that there has been year-over-year growth worldwide in the number of organizations doing social media checks. Around three in 10 respondents globally said they don't know enough about social media screening to use it.

Persons: —, HireRight's, Caroline Smith, HireRight, George Santos, Santos, résumé, Alonzo Martinez, Martinez Organizations: America, Service, Companies, North, New York Rep, New York Times, Long Islanders, Republicans, GOP, Justice Department, North America, Employers Locations: North America, Asia, Pacific, Europe, Africa, America

Venkatakrishnan's intervention underscores the pressure that the British bank is under to protect its U.S. investment banking franchise. Venkatakrishnan promised during the meeting to invest in the investment banking business to boost morale, the sources said. Miller left Barclays to join Jefferies last month, while Barclays only announced a new role for Astier this week, naming him global head of financial sponsors. Still, the exodus that Venkatakrishnan and other Barclays executives have been trying to stem has continued apace. But it was its consumer, cards and payments division, rather than investment banking, that led the charge.

Persons: C.S, Venkatakrishnan, dealmakers, Cathal Deasy, Morgan Stanley, Taylor Wright, Marco Valla, Deasy, John Miller, Jean, Francois Astier, Miller, Jefferies, Jim Rossman, Christopher Ludwig, Pete Contrucci, Evan Rothenberg, Daniel Kerstein, Contrucci, Rothenberg, Kerstein, Milana Vinn, Abigail Summerville, David Carnevali, Svea Herbst, Bayliss, Anirban Sen, Greg Roumeliotis, Christopher Cushing Organizations: YORK, Barclays, Citigroup Inc, UBS Group AG, Jefferies Financial Group Inc, Reuters, Credit Suisse Group AG, UBS, Lazard Ltd, Credit Suisse, Svea, Thomson Locations: Americas, Europe, Middle East, Africa, United States, New York, Rhode Island

☆ Texas is facing a housing crisis, a migrant crisis, a multi-year drought, and an epidemic of mass shootings. Ted Cruz, meanwhile, has opened an investigation into Bud Light.
▼ + stars: | 2023-05-20 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Texas Sen. Ted Cruz opened an investigation into Bud Light's partnership with trans influencer Dylan Mulvaney. Meanwhile, Texas is grappling with a migration crisis and a severe housing crisis. So, naturally, Texas Sen. Ted Cruz is opening an investigation into Bud Light. The company's partnership with Mulvaney led to right-wing calls for a boycott of Bud Light, which has impacted sales at its parent company, Anheuser-Busch. Beer marketing, however — thanks to Cruz — has all the attention of the state's top leaders in Washington.

"This is the right's best chance for people to pick a Pinochet constitution without Pinochet's signature," said Patricio Navia a political scientist at New York University. "The political climate in Chile isn't the same as in 2019 or 2020," said political analyst Cristobal Bellolio. An estimated 3,200 Chileans were murdered and another 28,000 tortured by the state during Pinochet's rule. Many of the victims were affiliated with the socialist government of Salvador Allende, who was deposed in a 1973 coup. "The issue is that if it's more right then Pinochet's constitution, people are going to reject it," Navia added, who added the loss for Boric left the leader who once promised to bury Chile's market-led model sorely wounded.

☆ Quotes: Fed plans broad revamp of bank oversight in wake of SVB collapse
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +11 min

The assertion in the introduction that the Fed should focus on large bank capital requirements is disconnected from the report's conclusions. AMERICAN BANK ASSOCIATION PRESIDENT AND CEO ROB NICOLS"We take any bank failure seriously, and we will review the findings and proposed policy changes in these reports carefully, including where the conclusions may differ. JONATHAN MONDILLO, HEAD OF NORTH AMERICAN FIXED INCOME AT ABRDN"We're likely to see higher capital requirements. What that means for the overall markets is that the devil is in the details: how stringent those capital requirements will be. A potential First Republic Bank failure could similarly present a risk to the long-term investment strategy of high net-worth individuals."

☆ Bright Health set out to disrupt health insurance. Now it's exploring a sale of its remaining insurance business.
▼ + stars: | 2023-04-28 | by ( Lydia Ramsey Pflanzer | ) www.businessinsider.com time to read: +3 min

Health insurance upstart Bright Health is exploring a sale of its remaining insurance business. Bright Health once had big plans to disrupt the way Americans get their health insurance. Now, it's exploring a sale of its California Medicare Advantage business — its only foot left in the health insurance world. It's happening at a time when it's also winding down its business providing health insurance to people on the Affordable Care Act (ACA) exchanges. Other insurers, including Clover Health and Oscar Health, have shifted from growing fast to focusing on turning a profit by any means necessary.

☆ US Fed plans broad revamp of bank oversight in wake of SVB collapse
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +7 min

Many commentators linked the lessons learned from the earlier crisis to the ongoing concerns about First Republic Bank. INSTITUTE OF INTERNATIONAL BANKERS CEO BETH ZORC"The IIB commends the Federal Reserve's timeliness of producing its report on SVB. "There are similarities between SVB's situation and what is happening with First Republic Bank: both are affected by the rapid movement of very large sums of money." A potential First Republic Bank failure could similarly present a risk to the long-term investment strategy of high net-worth individuals." "It feels isolated, than the rest of the regional bank system, feels like it's in a different place than where FRC is."

☆ Clover Health, which bet its technology would disrupt health insurance, will outsource health-plan operations and cut jobs to help it turn a profit
▼ + stars: | 2023-04-17 | by ( ) www.businessinsider.com time to read: +3 min

Clover Health bet its technology would disrupt health insurance, but it's struggled with losses. Now it's cutting jobs and it plans to outsource some health-plan operations to lower its costs. Clover Health, an insurance upstart that bet its technology could transform healthcare for seniors, now plans to outsource basic functions like paying medical claims. The Tennessee-based health insurer said Monday that it will shift the responsibility of its core operations to UST HealthProof, a company that handles administrative operations for health plans. It's not unusual for small health insurers to outsource some health-plan operations.

☆ One of the most important conservative think tanks is changing its tune on the free market and state power to keep up with the 'New Right' ushered in by Trump and DeSantis
▼ + stars: | 2023-04-16 | by ( Ethan Dodd | ) www.businessinsider.com time to read: +7 min

A recent report published by the think tank outlines how government could play a greater role in the economy. The foundation is trying to keep up with American right's turn away from free markets with Trump and DeSantis. On the other side are libertarian conservatives like Sen. Rand Paul who opposes interfering with free markets. The Reaganite fusion of free markets, social traditionalism, and anti-communism "is fundamentally dead," Geoff Kabaservice, vice president of political studies at the market-oriented think tank Niskanen Center, told Insider. Heritage's president, Kevin Roberts, took over in 2021 and has aligned the think tank much more with the New Right, which is home to figures like Florida Gov.

☆ Donald Trump Jr. calls for an end to the conservative-led boycott of Bud Light and 'iconic' Anheuser-Busch over a partnership with trans influencer Dylan Mulvaney
▼ + stars: | 2023-04-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Donald Trump Jr. expressed opposition to a conservative boycott of Bud Light and Anheuser-Busch. Conservatives have blasted Bud Light's partnership with popular trans influencer Dylan Mulvaney. Trump Jr. on his podcast "Triggered" praised Anheuser-Busch as an "iconic" company. The boycott began when many conservatives became incensed that Bud Light partnered with Mulvaney, a transgender TikTok influencer, during this year's NCAA basketball tournament. Mulvaney, who has over 10 million followers on TikTok, also showcased a personalized Bud Light can that was sent to her by the company.

☆ Florida LGBTQ rights group issues travel warning telling the queer community it may no longer be safe to move to or visit the state
▼ + stars: | 2023-04-13 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Florida's largest LGBTQ advocacy group issued a travel advisory on Wednesday. Equality Florida warned LGBTQ individuals against visiting or moving to the state. The advisory is an "unprecedented" response to a slate of "hateful" laws and policies in Florida, it said. Equality Florida said that issuing the travel advisory was an "unprecedented" move and a response to a slate of "hateful" laws and policies signed by Gov. Last month, the NAACP Florida State Conference voted unanimously in favor of asking the NAACP Board of Directors to issue a travel advisory for the state of Florida.

☆ Devoted Health quietly blew past other insurance upstarts in the red-hot market for seniors
▼ + stars: | 2023-04-05 | by ( ) www.businessinsider.com time to read: +5 min

While last year was a bloodbath for some young health insurers, Devoted Health ended 2022 relatively unscathed. Several newly public health insurers have struggled with losses, and some have been forced to retrench to stay afloat. Devoted has won more Medicare Advantage members in 2023 than competitorsExecutives of Devoted Health's rivals. Clover Health; Bright Health; Oscar Health; Olivia Reaney/Business InsiderInsider's analysis of the latest federal enrollment data found that Devoted had 126,287 Medicare Advantage members as of March 1. Bright had 122,371 Medicare Advantage members at the two California health plans it owns, while Alignment Healthcare had about 109,221 Advantage members, according to Insider's analysis.

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