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☆ 48-year-old CEO of a $1 billion startup: My secret to success is, 'I hire the best and I get out of their way'
▼ + stars: | 2024-11-27 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

That growth didn't come from micromanaging, Weaver told LinkedIn's "This Is Working" video series last week. So if it is not my highest and best use of time, it usually will not bubble up to me. "Micromanaging does not work," Weaver said. If you're micromanaging, something's wrong, he added. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Fawn Weaver isn't, Weaver, LinkedIn's, Mark Cuban, Cuban, they'd, Suzy Welch Organizations: Forbes, Trust, New York University, CNBC Locations: Her Shelbyville , Tennessee, micromanaging

☆ 10 things the Club is watching in the market Wednesday, including CrowdStrike, HP, Dell
▼ + stars: | 2024-11-27 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

CrowdStrike delivered a very good quarter after Tuesday's closing bell, with management raising its full-year outlook on sales, operating income, and earnings. Mortgage rates dropped last week, pushing home loans for purchases up 12% week over week and 52% year over year. Best Buy shares were steady Wednesday morning after their nearly 5% post-earnings drop in the previous session. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: CrowdStrike, Wells, Donald Trump, Kevin Hassett, Hassett, Stanley Black, Decker, Jim Cramer, We're, — CNBC's Zev Fima, Jim Cramer's, Jim Organizations: Dow, Nasdaq, Street, RBC, Dell, HP, Wall Street, National Economic Council, of Economic Advisers, Apple, Financial Times, Citi, holding's, Disney, Comcast's Universal, Paramount, Comcast, NBC Universal, CNBC, Jim Cramer's Charitable Locations: Wells Fargo, China

☆ Say hello to your new coworker: Autonomous AI agents are coming to banks
▼ + stars: | 2024-11-27 | by ( Bianca Chan | ) www.businessinsider.com time to read: +4 min

Demand for AI agents is giving birth to a new class of startups and VCs hungry to invest in them. It was a topic of conversation at the Evident AI Symposium in New York on Thursday. To take AI agents a step further, technologists and startup investors are fueling a shift to so-called multi-agent systems that coordinate several AI agents to complete more complex tasks more autonomously. Well, that's still being worked out, according to a number of tech executives at the Evident AI Symposium Thursday. Heitsenrether, speaking at the Evident AI conference, told the audience that, over time, she expects AI to be seamlessly embedded in an employee's workflow.

Persons: Danny Goldman's, Michael Lacorazza, Mako, It's, Jamie Dimon, Teresa Heitsenrether, Wall, they're, Gabriel Stengel, Kristin Milchanowski, Ganesh Organizations: Finance, Mako, Khosla Ventures, Bank, Goldman, JPMorgan, BMO Financial Group, of Cambridge Locations: New York, OpenAI

☆ Patagonia's Restructuring Has Led to Employee Fallout
▼ + stars: | 2024-11-27 | by ( Polly Thompson | ) www.businessinsider.com time to read: +11 min

Patagonia's sales soared during the pandemic. A Patagonia spokesperson told BI that it uses less air freight now than it did before the pandemic. Related storiesThe Patagonia spokesperson said it had been tricky to navigate the demand for instant gratification. Adams recalled that at an event in about 2013 in Idaho, Chouinard seemed shocked at how large Patagonia's sales representatives' trucks were. Several people said the 72-hour deadline for CX employees was insufficient to make such a major life decision.

Persons: Yvon Chouinard, Chouinard, It's, Vincent Stanley, Alan Adams, Adams, Robert F, Campbell Brewer, —, Stanley, Nick Helmreich, Helmreich, who's Organizations: Patagonia, AP, Workers, Patagonia's, BI, Washington Post Locations: Patagonia, Montana , Wyoming, Alaska, California, Freeport , Maine, AP Patagonia, Idaho, Ventura , California, Reno , Nevada, Patagonia's Reno

☆ In an F-35 funding fight, Musk will need to win over a skeptical Congress and Trump
▼ + stars: | 2024-11-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

AdvertisementElon Musk sharply criticized the F-35 stealth jet and its builder, Lockheed Martin. Musk could target the expensive program as part of his efforts to cut federal spending under Trump. Congress has historically valued the stealth fighter flown by three military branches despite its problems. His comments suggest he could be eyeing the $2 trillion F-35 program, and possibly other fighter jets, for potential spending cuts. In fact, the House's defense spending bill for the 2025 fiscal year called for more F-35s than what the Pentagon initially requested.

Persons: Lockheed Martin, Donald Trump, Elon, Musk, Trump, Elon Musk, ANGELA WEISS, Samuel King Jr, President Trump, Clawson, Michael Bohnert, Bohnert, Cmdr, Darin Russell, Stacy Pettyjohn Organizations: Elon, Trump . Congress, Pentagon, Congress, Getty, Trump, Department of Government, Department of Defense, Lockheed, US Air Force, Navy, Air Force, Marine Corps, RAND Corporation, US Navy, Defense, Center, New, New American Security Locations: New American

☆ 2 things we always learn about a company before we decide whether to buy its stock
▼ + stars: | 2024-11-27 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

— Thanks, Marek We do two things right off the bat after identifying a stock that we might want to buy. Remember, as an investor, you want to know every little aspect of every company whose stock you buy or think about buying. Financial statements In addition to understanding a company from a high level, we can't take a position before analyzing the financial statements and getting a sense of the health of the company in question. All three are incredibly important, however, of the three, the balance sheet is going to be the one to look at first. Knowing what shape the balance sheet is in gives you a better sense of the company's outlook.

Persons: Jim Cramer, Marek, that's, it's, Linde, Myers Squibb, Myers, Karuna, Jim Cramer's, Jim Organizations: Amazon, Linde, Myers, Karuna Therapeutics, Bristol, LIN, CNBC Locations: Bristol

☆ Trump sprints through transition as he faces narrow window to act in office
▼ + stars: | 2024-11-27 | by ( Steve Contorno | Aaron Pellish | ) edition.cnn.com time to read: +10 min

On Tuesday, Trump’s transition team signed an agreement with the White House after months of postponing the traditional transition process – a delay that Biden officials warned could undermine an orderly transfer of power and pose national security risks. In a statement announcing the agreement, the Trump transition said it will use its own security and information systems, its own office spaces and maintain its own ethics plan. The transition team said its ethics plan will be posted online in compliance with federal law. Several of Trump’s picks have vast personal fortunes and deep ties to the private sector. Trump’s transition team has so far relied instead on internal vetting.

Persons: Donald Trump’s, Trump, –, Matt Gaetz, Department of Justice – Trump, Pam Bondi, Joe Biden, ”, Brian Ballard, “, ” Ballard, Gaetz, Pete Hegseth, Linda McMahon, Hegseth, McMahon, Howard Lutnick, Scott Bessent, – Lutnick, Florida Sen, Marco Rubio, Tulsi Gabbard, Robert F, Kennedy Jr, Kennedy, – Mehmet Oz, Janette Nesheiwat, Marty Makary, Sen, Markwayne Mullin, he’s, ” Sen, Peter Welch, Karoline Leavitt, Trump’s, untangle, Donald Trump Jr, Eric Trump, Bill Hagerty, Nick Iarossi —, —, ” Iarossi, CNN’s Betsy Klein, Lauren Fox Organizations: CNN, Trump, Republican, Washington, Florida Rep, Department of Justice, Sunshine, Republicans, Mar, GOP, Senate, Senate Republicans, Fox News, Department of Education, Department of Commerce, Bessent, Hawaii Rep, Medicare, Drug Administration, Oklahoma Republican, Vermont Democrat, America, White, Biden, General Services Administration, FBI, Gabbard, – Locations: Manhattan, Palm Beach, New York, Washington ,, Washington, Trump, Ukraine, Oklahoma, Vermont, Mexico, Canada, China, Florida

☆ A woman's quirky out-of-office emails have ignited a debate about how much personality to bring to work
▼ + stars: | 2024-11-27 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

AdvertisementA woman's creative out-of-office emails sparked debate on professionalism and workplace norms. Experts say OOO emails should reflect a company's culture. The backlash to a woman's creative out-of-office emails has caught the attention of TikTok and ignited a debate over how much personality to bring to work. Being creative can workSome saw her creative automated emails as unprofessional, while others thought it was a sign that her workplace was stifling and restrictive. Moise told BI that she had found the response to her video funny for the most part, though some had veered into bullying or calling for her to be fired, which was "unnecessary," she said.

Persons: Thara Moise, Chef Moise, Julia White, she'd, " Moise, Carla Bevins, Rich Mehta, Jo Mackie, Burlingtons, Moise, Mackie, Moray Organizations: America, Carnegie Mellon University's Tepper School of Business Locations: Pittsburgh, Moray

☆ Ceasefire brings ‘unusual’ calm for northern Israelis, but fears of Hezbollah threats persist
▼ + stars: | 2024-11-27 | by ( Jeremy Diamond | Mike Schwartz | ) edition.cnn.com time to read: +8 min

CNN visited the border town of Shtula on Wednesday just hours after the ceasefire took effect. The town is one of the most dangerous places in northern Israel, having faced the threat of Hezbollah’s anti-tank missiles for months. Jalaa Marey/AFP/Getty ImagesOra Hatan, who remained in her home in Shtula, said the morning of the ceasefire deal was “unusual” after months of relentless artillery fire. Hatan’s fears have not, however, subsided with the ceasefire deal. Israeli President Isaac Herzog said the Lebanon ceasefire deal needs to ensure the safety of residents in northern Israel.

Persons: Israel CNN —, Shtula, Jalaa Marey, Ora Hatan, ” Hatan, “, we’re, ”, Hatan, Joe Biden, Israel “, Isaac Herzog, Guy Amilani, Eilon, Amir Levy, ‘, Benjamin Netanyahu, Kiryat, Avihay Shtern, there’s, Netanyahu, Shtern –, ” “, ” Shtern, Shtern, Ronen Zvulun, ” Ori Eliyahu, ” Eliyahu Organizations: Israel CNN, CNN, Getty, United Nations Security, Lebanese, UN, Lebanese Ministry of Public Health, Hezbollah, Reuters Locations: Israel, Lebanon, United States, Shtula, Lebanese, Galilee, AFP, Beirut, Nahariya, Kiryat Shmona, Israel’s, Gaza, Israeli, Iran

— As President-elect Donald Trump’s incoming administration solidifies its plan for mass deportations, local law enforcement agencies are preparing to ramp up a controversial program that allows them to partner with Immigration and Customs Enforcement. It authorizes ICE to delegate to state and local law enforcement officers the ability to perform certain functions of an immigration officer. According to ICE, as of May 2024, law enforcement agencies in 21 states participated in the program. Other critics have also said the 287(g) program merely serves as a political messaging tool for conservative sheriffs. Earlier this month, the Los Angeles City Council passed an ordinance that prohibits the use of city resources in immigration enforcement.

Persons: BEL, Donald, Tom Homan, ”, “ We’re, ” Homan, Trump’s, “, Bill Clinton, Jeffrey Gahler, ’ ” Gahler, they’re, — they’re, they’ve, Rachel Morin, Victor Martinez Hernandez, he’s, Patty Morin, Samuel Page, Page, Joe Biden’s, Biden, ” Page, Todd Shulte, Jason Houser, Mike Johnston, he’d, Harris, Trump, Karoline Leavitt, Christopher Crespo Organizations: BEL AIR, Immigration, Customs Enforcement, ICE, NBC News, ICE detainers, Democrats, American Civil Liberties Union, ACLU, Los Angeles City Council, Trump, Denver, “ Locations: Md, —, Texas, Harford County , Maryland, El Salvador, Maryland, Rockingham County , North Carolina, It’s, Mecklenburg County, America, Trump’s, Massachusetts

TEL AVIV — The Israeli government failed in its “primary duty to protect its citizens” in the lead-up to and during the Oct. 7, terrorist attacks, according to an Israeli civilian report released Tuesday. Some 1,200 people were killed and 250 taken hostage during the attacks as Hamas fighters infiltrated Israel from southern Gaza and launched thousands of rockets. The Israeli report also identified a "major cause" of the Oct. 7 tragedy as a "glaring failure" by Israeli intelligence branches. It specifically pointed to Shin Bet, Israel’s domestic security agency, and military intelligence for their inability to provide timely warnings or act on those that were issued. Israeli soldiers near houses that were destroyed during a Hamas attack on the kibbutz in Be'eri, Israel.

Persons: Benjamin Netanyahu, Netanyahu, Netanyahu “, Shin Bet, Tsafrir, Benny Gantz, Netanyahu's, Shin Bet’s, Yoav Gallant, Gallant, Amir Levy, “, ” Roni Lifshitz, ” Omer Bekin, Freddie Clayton Organizations: Civilian, of, Hamas, NBC, AFP, Getty, NBC News, West Bank Locations: TEL AVIV, Palestinian, Israel, Qatari, Gaza, Israeli, Sderot, Be'eri, Be’eri, Tel Aviv, London

I combed through discounts to find the best early Walmart Black Friday deals actually worth shopping. SKIP AHEAD Best Walmart early Black Friday deals | More Walmart early Black Friday sales | Why trust NBC Select? Best Walmart Early Black Friday dealsI found, vetted and wrote about every deal I recommend below. Best Walmart early Black Friday salesHere are the best Walmart early Black Friday sales to know about. To find the best early Walmart Black Friday deals, I searched through discounts to roundup products from previous coverage, NBC Select staff favorites, and highly-rated products from brands that we know and trust.

Persons: I’ve, Harry Rabinowitz —, Lindsay Schneider, Apple Airtag, Harry Rabinowitz, Carote, TikTok Organizations: Walmart, Black, 6AM, Walmart Plus, NBC, Walmart Apple, Fujifilm, Samsung, Amazon Alexa, Root, Apple ., Apple, Microsoft, Google, Walmart NBC, Facebook, Twitter

☆ Family of woman fatally shot by police officer given $20M settlement by New Mexico city
▼ + stars: | 2024-11-26 | by ( Madison Lambert | Madison Lambert Is An Assignment Editor At Nbc News. | ) www.nbcnews.com time to read: +2 min

The family of a woman shot dead by a former New Mexico police officer has reached a $20 million settlement with the city that employed him, ahead of his murder trial next year. A minutes-long interaction takes place between the three and Gomez eventually leaves the vehicle to speak with the officer. After returning to the vehicle, Gomez then attempts to flee the scene and Hernandez fires at least three shots into the vehicle. Shannon Kennedy, attorney for Gomez’ family, said in a statement to the Las Cruces Sun-News that Gomez’s parents, children and siblings are still mourning her loss. "They are grateful to the City of Las Cruces for recognizing the injustice of Teresa’s death," Kennedy said.

Persons: Felipe Hernandez, Teresa Gomez, Hernandez, Gomez, ”, Shannon Kennedy, Gomez ’, Kennedy Organizations: Las, Las Cruces Sun, NBC Locations: New Mexico, Cruces, Las Cruces

☆ ‘Ernest Cole: Lost and Found’: The anti-apartheid photographer who turned his lens on Black America
▼ + stars: | 2024-11-26 | by ( Thomas Page | ) edition.cnn.com time to read: +10 min

“He left South Africa and resettled in the United States in 1966,” it ends, before listing his survivors. The image, taken by South African photographer Ernest Cole, is one of thousands taken during his time in exile in the United States. Not looking for an impression but authenticity, he cast the American actor over a South African. Courtesy Magnolia PicturesIn the film, Cole despairs, “exile is destroying us one by one.”“You leave your country heartbroken,” the director said. Inside were around 60,000 Cole negatives, spanning South Africa and the US, plus his notes and contact sheets.

Persons: Ernest Cole, Cole, Nelson Mandela, Cole’s, “, ”, Muhammad, Raoul Peck, LaKeith Stanfield, “ Ernest Cole, Peck, James Baldwin, Patrice Lumumba, ‘, Stanfield, it’s, Magnolia Pictures Cole, Jim Crow, ” Peck bristled, It’s, ” –, Hébert B, Peck – “, Cole despairs, I’ve, Leslie Matlaisane, Ernest Cole Family, SEB, — Organizations: CNN, New York Times, “, Islam, Cannes Film, Aperture, Democratic, Magnolia, Magnolia Pictures, Ford Foundation, Liberal, ANC, African National Congress, SWAPO, Ernest Cole Family Trust Locations: Manhattan , New York, South Africa, South, United States, New York City, African, Haitian, American, Democratic Republic of Congo, DRC, Pretoria, New York, Harlem, Black America, Haiti, France, Berlin, Brazil, Nicaragua, —, York City, “, Africa, Sweden, America, Swedish, ”

☆ How Trump's new tariff threats knocked one of our stocks but not the market
▼ + stars: | 2024-11-26 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Investors didn't seem too bothered by President-elect Donald Trump 's new tariff threats Monday evening. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Donald Trump, Amgen, Eli Lilly, Lilly, Jim Cramer's, Trump, Jim, Bill Newlands, Roth MKM, Roth, Amit Mehta, Mehta, Trump's, Morgan Stanley, CNBC's Matthew J, Belvedere Organizations: CNBC, ., Nasdaq, Dow Jones, Dow, Novo Nordisk, Constellation Brands, Modelo, Corona, Justice Department, Anheuser, Busch InBev, Grupo, Google, Reuters, DOJ, Chrome, Economic, of Chicago, Labor Department, Jim Cramer's Charitable Locations: Mexico, China, United States, U.S

☆ Here’s how investors should play the rest of this holiday-shortened trading week
▼ + stars: | 2024-11-26 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Meanwhile, HSBC downgraded Morgan Stanley stock to a hold from buy Monday evening. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Donald Trump's, Jim, Stanley Black, Decker, Wells, Charlie Scharf's, Wells Fargo, Morgan Stanley, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Trump, Wells, Reuters, Federal Reserve, HSBC, Morgan Locations: Canada, Mexico, China, U.S, Wells Fargo

☆ Eli Lilly shares jump on two big updates and Jim Cramer is so here for it
▼ + stars: | 2024-11-26 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Eli Lilly shares soared Tuesday on a one-two punch of good news. The second positive development for Eli Lilly comes from Amgen , which reported mid-stage trial results for its experimental obesity treatment known as MariTide. Big picture The prospect of across-the-board coverage of obesity drugs for Medicare and Medicaid enrollees would be a financial win for Eli Lilly, particularly on the Medicare front. For its part, Eli Lilly has said regulators could expand Zepbound's label to cover obstructive sleep apnea by year-end. An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024.

Persons: Eli Lilly, Jim Cramer, Biden, Lilly, didn't, Wegovy, Zepbound, Biden administration's, Donald Trump, Wells, Robert F, Kennedy Jr, Trump, Kennedy —, Kennedy, Novo, Leerink, Eli Lilly's tirzepatide, Piper Sandler, tirzepatide, Piper, Jim, Amgen's, retatrutide, Jim Cramer's, Shelby Knowles Organizations: Novo Nordisk, Medicaid, NBC News, White, Medicare, Centers, Services, STOP, Alliance, Wells Fargo, of Health, Human Services, Food and Drug Administration, Senate, Biden, Club, CNBC, Bloomberg, Getty Locations: New York, Texas, Amgen, Lilly, Brooklyn

☆ Billionaire Jersey Mike's CEO still gets behind the counter to slice deli meat like he did at age 14: I do it 'every time I’m in a store'
▼ + stars: | 2024-11-26 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Five decades ago, Peter Cancro was your average 14-year-old wrapping sandwiches after school at his local eatery, Mike's Subs. Today, he's the billionaire CEO of Jersey Mike's Subs — but he still gets his hands dirty every now and then. At age 17, the New Jersey native had worked at Mike's Subs for a few years when he discovered the owner was looking to sell. He still slices deli meats and gets face-time with employees "every time I'm in a store," he said at the conference. The ability to be personable is a green-flag trait that good bosses tend to share, workplace culture expert Bonnie Low-Kramen told CNBC Make It last year.

Persons: Peter Cancro, Cancro, Peter, Rod Smith, Bonnie Low, Kramen, It's Organizations: Subs, Blackstone, Jersey, Conference, Bloomberg, CNBC, Workers, Gallup Locations: Jersey, U.S, New York, Jersey Shore, New Jersey

☆ Majority of social media influencers don’t verify information before sharing it, study finds
▼ + stars: | 2024-11-26 | by ( Liam Reilly | ) edition.cnn.com time to read: +6 min

According to the UNESCO study, 62% of surveyed creators said they don’t vet the accuracy of content before sharing it with their followers. The study comes in the wake of the 2024 US presidential election, in which social media influencers played a key role as an information source for voters. During the campaign, President-elect Donald Trump and Vice President Kamala Harris harnessed social media influencers and podcasters with millions of followers, including Joe Rogan and Alex Cooper, to appeal directly to voters. And a separate survey from Pew found that more than half of American adults “at least sometimes” get their news from social media. Online influencers generally do not rely on official sources of information, such as government-issued reports and documents, the UNESCO study found.

Persons: influencers, Donald Trump, Kamala Harris, Joe Rogan, Alex Cooper, ”, Pew, ” Zhang Zhaoyuan, Kassy Cho, Instagram, Influencer, Trump, Tim Pool, Benny Johnson, Dave Rubin —, Elon Musk’s, Musk Organizations: New, New York CNN, UNESCO, ” UNESCO, Pew Research Center, Tenet Media, Justice Department, YouTube, Google, Facebook Locations: New York, China, Springfield , Ohio, Russia, Social

☆ 6 ways DEI programs are evolving as companies reorganize, home in on employee skills, and leverage the power of AI
▼ + stars: | 2024-11-26 | by ( Julia Hood | Rebecca Knight | ) www.businessinsider.com time to read: +14 min

Business Insider asked its Workforce Innovation board to participate in a roundtable to discuss how DEI programs are evolving. AdvertisementSkills-based hiring is one way companies are working to identify diverse candidates organically. The critical piece for companies is to figure out the best way to capture an accurate and comprehensive view of employees' skills. The global company has a centralized corporate DEI team, with DEI councils at the individual industry units. Using AI to scrutinize hiring, while retaining the human touchAdya said Infosys is using AI to analyze patterns in its hiring data.

Persons: John Deere, Maggie Hulce, Spring Lacy, We've, Anant Adya, Infosys Lucrecia Borgonovo, Chris Deri, Weber, Lacy, Lucrecia Borgonova, Mastercard's, Borgonovo, Lucrecia Borgonovo, Hulce, It's, realigning, Adya, Deri Organizations: Microsoft, Molson Coors, Walmart, for Racial Equity, Business, Ferring Pharmaceuticals, Verizon, Infosys, Prudential, Mastercard, DEI

☆ A millennial used a little-known tax strategy to 'exchange' his rental property and sidestep capital gains taxes indefinitely. He explains the challenges and why it was worth the hassle.
▼ + stars: | 2024-11-26 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

AdvertisementJose Palafox used a DST 1031 exchange to defer taxes on his Portland rental sale. In the summer of 2024, Jose Palafox took advantage of a little-known tax strategy called a DST 1031 exchange, which allows investors to avoid capital gains tax on the sale of a rental property. Palafox was ready to sell his Portland rental, which had become more of a headache than a cash cow. Executing a DST 1031 exchange, in which you sell a property and reinvest the proceeds into a Delaware Statutory Trust (DST), not only allowed him to defer capital gains tax — it also released him from landlord responsibilities. To do a DST 1031 exchange, you have to be what's called an accredited investor.

Persons: Jose Palafox, Palafox, Palfox, I'd, you've Organizations: Delaware Statutory Trust, BI, DST Locations: Portland, San Francisco, Bay, Delaware

☆ Mark Zuckerberg teases default Threads feeds as X users flock to rival Bluesky
▼ + stars: | 2024-11-26 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

AdvertisementThreads is letting users choose a default feed, Mark Zuckerberg has said. Meta's move to compete with Bluesky's growth follows a wave of users leaving Elon Musk's X. With its recent rapid growth, Bluesky faces fresh challenges, including content moderation. Threads is stepping up its game by giving users the power to pick their default feed as it battles to keep pace with Bluesky's explosive growth. Droves of X users recently left the platform because of concerns over hate speech and misinformation.

Persons: Mark Zuckerberg, Meta's, Elon Musk's, Rose Wang, Platformer's Casey Newton, Bluesky, Aaron Rodericks, Adam Mosseri, Mosseri, Instagram, It's, Meta didn't Organizations: Elon Musk's, Elon, Bluesky, Meta, Business

☆ New dating apps are betting on matchmaking in the era of swipe fatigue
▼ + stars: | 2024-11-26 | by ( Sydney Bradley | Dan Latu | ) www.businessinsider.com time to read: +7 min

Several new "matchmaking" dating apps have launched in the past year, addressing dating-app fatigue. Matching and matches are everyday phrases in the online dating app lexicon. Sitch, an AI-powered matchmaking app launched in New York in November. Big dating apps have previously dabbled in matchmaking. Sitch"We've tried to replicate the exact human flow of matchmaking," Sitch cofounder Nandini Mullaji — who has experience in matchmaking friends of friends IRL — told BI.

Persons: Sean Rad, Harry Stebbings, Lian, Adam Zucker, Ram Chirimunj, Zoe Mazakas, Chirimunj, Sahil, Ahuja, We've, Nandini Mullaji —, Sitch, Alex Weitzman, Nick Rosen, Rosen Organizations: Facebook, Match Group, IRL, New, New York City Locations: New York, swiping, New York City

☆ Tuesday, November 26, 2024: Cramer outlines how investors should navigate the next few days
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: 1 min

Tuesday, November 26, 2024: Cramer outlines how investors should navigate the next few daysGo behind the scenes with Jim Cramer of the CNBC Investing Club as he talks candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust—and see up close how his team decides when, and if, to take action on stocks.

Persons: Cramer, Jim Cramer Organizations: CNBC, Club, Trust

This spiraled into a diss-track war in April and May, with Cole, Drake, Rick Ross, and Lamar all releasing new songs. Later in the track, Drake references Cole's diss track and apology. Evan Agostini/Invision/APLater in the track, Drake raps that he gave Future his first No. At the end of the track, Lamar samples a 1994 Tupac interview to simulate a conversation between the two rappers. Instead of insulting Drake, Lamar claims that the "Push Ups" rapper's circle has been feeding him lies, leaking information about him, and hoping for his downfall.

Persons: Drake, Kendrick Lamar, Lamar, Lamar dissed Drake, J, Cole, Rick Ross, Hannah Getahun, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, “, rics,, m., ake Organizations: UMG, Spotify, Future, Metro, Universal Music Group, Wireless, Lamar, Big, Rocky, Rap Locations: Drake's, Lamar, Drake, Diss, Lamar's, Florida

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