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☆ Americans say these 3 things define wealth—none of them require making a lot of money
▼ + stars: | 2023-09-04 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

The things Americans say would make them feel wealthy, however, don't necessarily come with a price tag. Wealth means enjoying experiences more than owning nice things according to 70% of Americans, Schwab found. But 70% of Americans say having enough to ease any money stress in their life is more meaningful than having more money than their peers. Once again, earning a higher salary or otherwise having access to more capital may help get rid of your money stress. "Yes, money will give you access to stability, security and resources, but with that money, you need to actually utilize the resources," Evans says.

Persons: Charles Schwab's, Schwab, it's, Aja Evans, Evans Organizations: Wealth Survey, CNBC Locations: Laurel

☆ Elon Musk stayed up playing video games in a Vancouver hotel until 5:30 a.m. after he offered to buy Twitter, because he was in 'stress mode'
▼ + stars: | 2023-09-01 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

It includes an anecdote where Musk played "Elden Ring" until 5:30 a.m. after deciding to buy Twitter. AdvertisementAdvertisementElon Musk stayed up all night playing video games after he committed to buying Twitter last year, per The Wall Street Journal. And after that, Musk started playing "Elden Ring" on a laptop he'd brought to the hotel. "Elden Ring" is a fantasy role-playing game which is known for being particularly difficult, with an extensive combat system. About a month after the Vancouver episode, Musk tweeted a photo of his character's setup in "Elden Ring."

Persons: Walter Isaacson's, Elon, Musk, Grimes, Elon Musk, Walter Isaacson, Isaacson, George R, Martin, — Dolan, Shivon, couldn't Organizations: Twitter, Street Locations: Vancouver

☆ 8 easy — and cheap — ways to cut your carbon emissions
▼ + stars: | 2023-08-30 | by ( Greg Iacurci | ) www.cnbc.com time to read: +7 min

Here are some easy — and inexpensive or no-cost — ways to reduce your carbon footprint today, according to efficiency and environmental experts. As such, the average household saves about $225 in energy costs per year by switching to LED lighting, the Energy Department said. Cut food wasteErlon Silva - Tri Digital | Moment | Getty ImagesThe average American wastes more than 400 pounds of food a year. A washing machine spends 90% of its energy to heat water, for example, the Consumer Federation of America said. Even putting something like a brick in your toilet tank will displace — and therefore save — water.

Persons: Katharine Hayhoe, Keoleian, Jose Luis Pelaez, Hayhoe, Oscar Wong, Tom Werner, Digitalvision Organizations: Nature Conservancy, Texas Tech University, U.S . Department of Energy, Energy Department, Silva, Tri, Environmental, Agency, Consumer Federation of America, Public, Getty Locations: U.S

☆ This 25-year-old in London gets 2 months of vacation days each year: I 'work in PR, not the ER'
▼ + stars: | 2023-08-24 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

But in some countries around the world, workers regularly take more than a month of paid vacation days and even build stronger teams for it. The 25-year-old works in social media in London, where UK workers are entitled to 28 paid vacation days each year. That's roughly two months of business days in vacation time per year. "I like the saying that 'you work in PR, not the ER,'" Naumova adds. She finds it pretty easy to request days off and says her company helps people pace their breaks.

Persons: Jane Naumova, Naumova, it's Locations: America, U.S, London, Italy

☆ Kim Kardashian's Skims may be the hero the IPO market needs
▼ + stars: | 2023-07-20 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

This latest round was led by Wellington Management, a firm known for taking companies public. Jens Grede, Skim’s CEO, recently told Dealbook that stock investors have shown an increased interest in consumer-oriented businesses like Skims and that an IPO is something the company wants. “At some point in the future, Skims deserves to be a public company,” he said. If a Skims IPO were to succeed, “companies, CFOs and investors in general will see this as a very positive sign,” said Sokhi. Netflix posted nearly $8.19 billion in revenue for the quarter, compared to the $8.3 billion Wall Street had projected.

Persons: Kim Kardashian, Goldman Sachs, ”, David Solomon, Ro Sokhi, Cava, “ There’s, Skims, Andy Muir, Jens Grede, Megan Penick, Robinson, Kardashian, we’re, “, ” Adam Hodge, Volodymyr Zelensky, Russia “, Tesla, Chris Isidore, Refinitiv, Clare Duffy, Samantha Delouya Organizations: CNN Business, Bell, New York CNN, Wellington Management, Nike, US National Security Council, Russian Defense Ministry, Wednesday, Netflix Locations: New York, Cava, Skims, Russia, Ukraine, Europe, Odesa’s

☆ I'm a CEO who wakes up at 3:45 a.m. without an alarm clock. These 11 sleep hacks helped me become a better leader.
▼ + stars: | 2023-07-16 | by ( Robin Madell | ) www.businessinsider.com time to read: +8 min

Now he typically wakes up around 3:45 a.m. well rested and without an alarm clock, he said. Ice baths help lower my core body temperature and also urge the release of melatonin, which is a hormone that helps us fall asleep quickly and remain asleep until we've completed all sleeping cycles. If I'm in a hotel, I'll unplug the coffee maker, TV, and the clock to create that dark environment. I solely focus on the optimization of sleep, not the lengthThe perfect night of sleep is two hours of REM and two hours of deep sleep. I can wear it on my finger, and it shows me the exact data I need to know about my REM, my deep sleep, my light sleep, and also my heart rate,.

Persons: Michael Koch, Koch, It's, I've, I'm, we've, trow, It's noninvasive Organizations: Service Locations: Wall, Silicon, New York City, Europe

☆ Companies start to recognize the importance of 'out of office' time to reduce employee burnout
▼ + stars: | 2023-07-05 | by ( Stephanie Dhue | Stephanie-Dhue | ) www.cnbc.com time to read: +2 min

watch nowThe benefits of time away from workMore employers are recognizing the need to reduce employee burnout, as employees report overall better mental health, increased job satisfaction, and being more engaged and productive upon returning from vacation. Yet it's still a challenge for many workers to disengage from the office. "In order to maintain your overall health, you need to take time for yourself time to replenish, time to recharge yourself and time to disconnect," said Michelle Bonam, Ceridian's vice president of organizational effectiveness. Why some professionals don't take time offFear of missing out is one reason why many professionals stay plugged in or don't take vacation time. In order to maintain your overall health, you need to take time for yourself.

Persons: it's, Michelle Bonam Organizations: Istock, Getty Locations: U.S, Ceridian

☆ Companies start to recognize the importance of 'out of office' time to reduce burnout
▼ + stars: | 2023-07-05 | by ( Sharon Epperson | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies start to recognize the importance of 'out of office' time to reduce burnoutAfter the July 4th holiday, many workers still may be facing a vacation dilemma that has some companies rethinking how they handle employees being away from work. CNBC's Sharon Epperson joins 'Squawk Box' to break down recent survey data showing the importance of being able to unplug to reduce burnout.

Persons: CNBC's Sharon Epperson

☆ Janitor heard ‘annoying alarms’ and turned off freezer, ruining 20 years of school research worth $1 million, lawsuit says
▼ + stars: | 2023-06-27 | by ( Jessica Xing | ) edition.cnn.com time to read: +3 min

CNN —A university janitor who turned off a freezer after hearing multiple “annoying alarms,” ruined more than 20 years of research, according to a lawsuit filed against his employer by Rensselaer Polytechnic Institute in upstate New York. The school is seeking more than $1 million in damages and legal fees from Daigle Cleaning Systems as a result of the incident. The college does not believe the janitor is at fault but instead blames Daigle Cleaning Systems for failing to properly train and supervise him, according to the suit. CNN reached out to attorneys for Daigle Cleaning Systems and the Rensselaer Polytechnic Institute for comment. A warning was posted on the freezer, according to the court filing.

Persons: Lakshmi, Baruch ’ Organizations: CNN, Rensselaer Polytechnic Institute, Daigle, Systems Inc, Systems, Supreme, Biochemical Solar Energy Research, AS IT Locations: New York, Troy , New York, Rensselaer, “

☆ A college janitor turned off a freezer in a lab to silence 'annoying alarms,' but destroyed $1 million in scientific research in the process, a lawsuit claims
▼ + stars: | 2023-06-26 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

A janitor destroyed $1 million in scientific research after turning off a super cold freezer in a lab. He had heard "annoying alarms" coming from the freezer where over 20 years of research were stored. Lakshmi conducted high-level research inside the lab that "had the potential to be groundbreaking" and funded by the university, the lawsuit said. It's believed that Harrington destroyed $1 million worth of scientific research and RPI will be seeking as yet unspecified damages. Daigle Cleaning Systems and Lawyers for RPI did not immediately respond to Insider's request for comment about the lawsuit.

Persons: —, Joseph Harrington, K.V, Lakshmi, Harrington, It's Organizations: Service, Rensselaer Polytechnic Institute, Daigle, Rensselaer County Supreme, AS IT, RPI, Systems, Lawyers Locations: New York, Troy , New York, Rensselaer County

☆ Florists, caterers...Tiktokers? Content creators are bringing in up to $150/hour filming weddings for social media
▼ + stars: | 2023-05-28 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +7 min

Wilkins, 29, of Fayetteville, Ark., says social media plays a large role in her life as a small business owner. She thinks hiring wedding content creators makes sense in addition to hiring traditional wedding photographers and videographers. For one, she says, "No matter what media you use to take the pictures, they're going to end up on social media." Lanise Harris was always good at capturing social media content at weddings. Alejandra Hernandez wedding content creator, Always a Bride Events

☆ Almost half of Gen Zs have side jobs as money fears take over, survey finds
▼ + stars: | 2023-05-17 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Gen Zs and millennials are increasingly taking on second jobs as money concerns mount, a Deloitte survey says. Some 46% of Gen Zs currently have either a full- or part-time job in addition to their main one, a new Deloitte survey shows. For their 2023 Gen Z and Millennial Survey, Deloitte gathered responses from 14,483 Gen Zs and 8,373 millennials from 44 countries around the world. Data from Deloitte's survey shows that the cost of living is the biggest concern for millennials and Gen Z right now. "Economic concerns are hampering Gen Zs' and millennials' ability to plan for their future, and causing them to postpone major life decisions," she adds.

☆ Meta must 'unplug the hate machine,' civil society groups say in open letter
▼ + stars: | 2023-05-03 | by ( Tekendra Parmar | ) www.businessinsider.com time to read: +4 min

Meta faces a $1.6 billion lawsuit for allegedly failing to moderate hate speech in Ethiopia. The suit was brought by the family of a professor who was killed after Facebook posts targeted him. Insider's reporting also revealed that one of those trusted partners warned Meta about posts targeting Meareg Amare, a Tigrayan chemistry professor, in the fall of 2021. A spokesperson for Meta did not dispute the trusted partner's account, which was similar to complaints raised by five other trusted partners interviewed by Insider. The Facebook posts targeting Professor Amare falsely accused him of funneling funds and equipment to the Tigray People's Liberation Front, which was fighting a civil war against Ethiopian federal forces and allied groups.

☆ These 11 easy habits helped me break my social media obsession and unplug from technology
▼ + stars: | 2023-04-24 | by ( Betsy Ramser Jaime | ) www.businessinsider.com time to read: +6 min

Adopting the right habits can help you be more present and spend less time looking at screens. Betsy Ramser Jaime outlines the habits that have helped her go hours without reaching for her phone. About seven years ago, I cut my social media use by 99% — and I don't feel like I'm missing anything, I feel like I've gained far more. When you really learn to appreciate the trees and the setting sun, you're reminded that each day is completely unique. Wander around a libraryWhen you need a break from your day, try visiting a library.

☆ Thieves can steal a car in minutes by hacking it through its headlights with devices sold online, experts warn
▼ + stars: | 2023-04-24 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +4 min

Emergency start devices sold online starting at $1,600 can hack into a car through its wire network. The easiest access to car wires is through the headlights, car security experts say. "Normally, the wake-up message happens when you've pressed your car key. The hacking device sends a message to the car's front network — a car has many networks for logistic reasons — pretending to be the key. To study the hacking system, Tindell and Tabor purchased a similar hacking device online and reverse-engineered it.

☆ 31-year-old makes $105,000 a month in passive income from her side hustle: 'I work just 2 hours a day'
▼ + stars: | 2023-04-19 | by ( Jasmine Mccall | ) www.cnbc.com time to read: +3 min

One day, I posted a YouTube video sharing how I went from a credit score of 495 to 820 — simply by disputing inaccurate information on my credit report. By May 2022, I was earning enough to quit my Amazon job to work on my side hustle. From December 2022 to March 2023, we earned an average of $105,000 a month in passive income, mostly from digital product sales and YouTube ad revenue. The best part is that I work just two hours a day. Photo: Jasmine McCallI have a designated task for each day of the weekI usually start working by 11 a.m. Mondays and Tuesdays are my YouTube content days.

☆ A Utah miner blasted his own cave home with dynamite and now rents it out on Airbnb for $1,000 per night: 'Nothing has been in this space since the dinosaurs'
▼ + stars: | 2023-04-10 | by ( Dan Latu | ) www.businessinsider.com time to read: +6 min

In 1995, Grant Johnson purchased 40 acres of land and used dynamite to blast a cave in a boulder. Now he rents out a room in the cave for $350 or the whole space for $1,000 a night on Airbnb. The living room is "E."You can rent the property on Airbnb for $1,000 per nightThe cave now even welcomes visitors on Airbnb. The "west end" room, with its own staircase leading up to a private balcony, rents out for $350 per night. He recommends every guest climbs out to the patio on the west end at night, and watch the still, desert night.

☆ Why lithium-ion batteries found in many products keep exploding
▼ + stars: | 2023-03-09 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

Officials believe the incident stemmed from a lithium-ion battery of a scooter found on the roof of an apartment building. “In all of these fires, these lithium-ion fires, it is not a slow burn; there’s not a small amount of fire, it literally explodes,” FDNY Commissioner Laura Kavanagh told reporters. For starters, lithium-ion batteries are now in numerous consumer tech products, powering laptops, cameras, smartphones and more. Despite the concerns, lithium-ion batteries continue to be prevalent in many of today’s most popular gadgets. For example, LFP (lithium iron phosphate) batteries don’t overheat as much as other types of lithium-ion batteries.

☆ I teach remote workers how to maintain boundaries. This is one thing I get clients to do each day.
▼ + stars: | 2023-03-04 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +5 min

Ali Pruitt suffered burnout working an office job, but found remote work was no instant fix. She now makes her living teaching other remote workers how to build a work-life balance. Now I earn my living teaching remote workers how to unplug at the end of the workday. Commuting used to mark the end of the workday, but remote workers need to set their own lines now. Remote work gave me a chance to healDespite its challenges, I'm still passionate about remote work.

☆ Wizards, horses, flip phones and AI: Elon Musk's 10 most colorful quotes from Tesla's investor day
▼ + stars: | 2023-03-02 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Elon Musk mentioned wizards, flip phones, horses, and rust balls during Tesla's investor day. Riding in a non-autonomous gasoline car is going to be analogous to riding a horse and using a flip phone." There are hundreds of variants of cars on the road, and mostly they're variants for the sake of variants. Look at how things converged with the phone — there used to be hundreds of flip phones, now what do we have? "If you actually look at our neural-net architecture in the car, it's kind of insane, frankly — nets upon nets upon nets upon nets.

☆ Shein's ambitions are a bit of a stretch
▼ + stars: | 2023-02-20 | by ( ) www.reuters.com time to read: +2 min

Shein’s top-line growth slowed from 57% in 2021 to 45% last year; the company expects that to continue, with its 2025 target implying average annual expansion of 37%. Meanwhile, Shein's projected 13% profit margin dwarfs that of web retailers like China's JD.com (9618.HK). The $118 billion PDD (PDD.O) recently rolled out its Temu shopping service; it is now the most downloaded app in the United States. Using the same 2.4 times forecast 2025 sales multiple the Inditex enterprise trades on, Shein's valuation could top $140 billion. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ NatWest calls time on UK banks’ rate-hike party
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +2 min

But NatWest Chief Executive Alison Rose has brought that excitement to an end. It’s surprising that Rose thinks lending margins have maxed out already. Higher rates take a while to feed into revenue because so many borrowers have long-term or fixed-rate debt, which reprices slowly. That would be a cause for celebration among households and firms with spare cash, but it might bring the bank share-price party to an end. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Buffett TSMC's U-turn spotlights chips' siren call
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +2 min

HONG KONG, Feb 16 (Reuters Breakingviews) - A lot can change in three months, especially in the world of semiconductor investing. Warren Buffett's Berkshire Hathaway (BRKa.N) inexplicably sold most of its $4.1 billion holding in Taiwan Semiconductor Manufacturing (2330.TW), a position only disclosed in November. For TSMC, Berkshire probably pocketed a 9% return, Reuters reported citing analyst estimates, having held the stake for roughly three months. He may be right about TSMC, which boasts a monopoly in advanced chipmaking and superior profitability - the "moats" Buffett prizes so highly. Moat or no moat, the outlook for chips is getting dicey.

☆ Schneider CEO’s tenure is refreshingly sustainable
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +2 min

LONDON, Feb 16 (Reuters Breakingviews) - Schneider Electric (SCHN.PA) sells products like circuit breakers that help customers manage their energy consumption in a sustainable way. Jean-Pascal Tricoire’s leadership of the French industrial software group reinforces the image of long-term reliability. Peter Herweck, now the boss of Aveva, the British software group Schneider bought last month, will take over in May. Tricoire’s term is uncommon: only 19% of CEOs stay in the job for more than 10 years while the median tenure is just five years, according to a PwC study. Over the last two decades Schneider’s revenue has quadrupled to 34 billion euros.

☆ Ford deal shows U.S. EVs can’t unplug from China
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +2 min

It’s evident that President Joe Biden’s Inflation Reduction Act “did what it was intended to do”, according to one executive. Ford Motor (F.N) is licensing technology and services from China’s Contemporary Amperex Technology (300750.SZ), rather than buying batteries directly or forming a joint venture. This unusual setup allows the American auto veteran to use CATL’s lithium ferro-phosphate (LFP) chemistry whilst satisfying the IRA’s demands. As automakers start mass-producing electric vehicles, they will depend on Chinese suppliers, wherever they locate their factories. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

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