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☆ I co-founded a multimillion-dollar company with my twin sister. Our brutal honesty is an advantage in business.
▼ + stars: | 2024-08-13 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

This as-told-to essay is based on a conversation with Chanda Bell and her twin sister Christa Pitts, co-CEOs of The Lumistella Company. My identical twin Christa and I named our elf Fisbee. Chanda Bell's mom put an elf named Fisbee around the house, which eventually became the Elf on the Shelf. We tell each other whether we're acting as sisters or business partnersWe're business partners, but we're also sisters and best friends. Christa will say, "I just need to talk to my sister right now," or "I'm calling as a business partner."

Persons: Chanda Bell, Christa Pitts, Christa, Fisbee, Chanda Bell's, Chanda Bell Christa, we're, you've Organizations: Service, Lumistella, QVC, Publishers

☆ Starbucks is betting big that Chipotle's CEO can make it special again. He'll have his work cut out for him.
▼ + stars: | 2024-08-13 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Laxman Narasimhan, Starbucks' current CEO, will step down effective immediately from his roles as CEO and a member of Starbucks' board of directors, the company said. In his tenure at Chipotle, Niccol made several changes. He also oversaw an expansion of Chipotle's online-ordering options just before delivery and pickup became essential to the restaurant business early in the pandemic. The road ahead at StarbucksAt Starbucks, Niccol will face some challenges similar to those he took on at Chipotle. AdvertisementStarbucks sales have also fallen lately in China, which is home to nearly one-fifth of all the chain's stores.

Persons: —, Brian Niccol, Niccol, Laxman Narasimhan, Elliott, Chipotle, Brian, Melody Hobson, Peter Saleh, Saleh Organizations: Service, Starbucks, Business, Street, Elliott Investment Management, Taco Bell's, Wall Street, Analytical Research Locations: Chipotle, Denver, Orange County , California, China

☆ Two lonely 25-year-olds met on Bumble BFF. Seven weeks later they're living together as 'platonic soulmates' who share a bed.
▼ + stars: | 2024-08-12 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +6 min

Read previewImogen Clarke and Estella Kyriacou share a bed, cook together every night, and can't spend five minutes apart, even after an argument. You'd be forgiven for thinking they've been in a relationship for years, but really, they're best friends who met five months ago. The 25-year-olds matched on Bumble BFF, a version of the dating app designed for people who want to find mates instead of dates. Until she met Kyriacou, Clarke said she had accepted that maybe she'd always feel a bit lonely in London. Clarke and Kyriacou met on Bumble BFF.

Persons: —, Imogen Clarke, Estella Kyriacou, You'd, they've, they're, Bumble, Clarke, Kyriacou, Clarke weren't, Vivek Murthy, Bumble BFF, " Clarke, Estella, we'd, it's, we've, Clarke's Organizations: Service, Business Locations: London, Toronto, Estella, Clarke's

☆ A retired boomer who visited all 50 states ranks his top picks and least favorites
▼ + stars: | 2024-08-11 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

AdvertisementHatfield ranked his top five favorite and least favorite states and national parks. They also have a cruise scheduled to American Samoa, home of the National Park of American Samoa, their last national park. Favorite and least favorite statesHatfield acknowledged his favorite states were also the ones with the most diverse national parks. Favorite and least favorite national parksHatfield said he enjoyed every national park, though some have more to offer than others. One of his earliest and most memorable national parks was Yosemite, which he visited 15 years ago.

Persons: —, Tom Hatfield, Hatfield, Lake Charles, — Gates, Louisiana didn't, Bryce, El Capitan Organizations: Service, Business, Hatfield, Louisiana State University, Redwood, of, Salt Lake City . California, Alaska, El, Indiana Dunes Locations: Louisiana, New Orleans, Lake, North Dakota, New Hampshire, Canada, Bavarian, Dubai, Antarctica, Ireland, Basel, Amsterdam, Egypt, Alaska, California, Isle Royale, Michigan, Kobuk, Nevada, American Samoa, of American Samoa, . Utah, Salt, Salt Lake City ., Colorado, Montana, Yellowstone, Mississippi, Las Vegas, Nebraska, Indiana, Hatfield, Zion, Utah, Yosemite, North, Pacific Northwest, South Carolina, Springs, Arkansas, Guadalupe, Texas

☆ I quit Goldman Sachs to be a stay-at-home dad. More men should look after the kids so women can have careers.
▼ + stars: | 2024-08-11 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with Pranshu Dwivedi, 35, from New Delhi, about quitting his job at Goldman Sachs to be a stay-at-home dad. Business Insider verified his employment at Goldman Sachs with documentation. I joined Goldman Sachs as an intern in 2011, and in 2012 I got a full-time job as an analyst working in their Bengaluru office. AdvertisementI loved my experience at Goldman Sachs. I joined Goldman Sachs full-time in 2012, working on the equity research team.

Persons: —, Pranshu Dwivedi, Goldman Sachs, Goldman, I've, Hong Kong Goldman, We'd, wouldn't, She's, I'm, there's Organizations: Service, Goldman, Business Locations: New Delhi, Bengaluru, Hong Kong, Delhi, India

☆ I planned on retiring this year but was then diagnosed with cancer. Retirement may need to be put off, and I'm devastated.
▼ + stars: | 2024-08-10 | by ( Theresa St. John | ) www.businessinsider.com time to read: +4 min

When a yearly mammogram showed something suspicious and turned out to be breast cancer, my world was instantly changed. AdvertisementThe emotional toll of cancer hit me hard; there were so many unknowns now. I had planned for retirement, but that goal no longer felt within my grasp. She explained how regaining control in life — even in small ways — can help alleviate some of the emotions I'm experiencing right now. Even though I'm unsure of the future, I'm working hard to become healthy and strong again.

Persons: —, I'd, we'd, I'm Organizations: Service, Business Locations: Saratoga

☆ We went to the Amalfi Coast during peak summer season. These 4 tips made our trip better — but there's one mistake I won't make again.
▼ + stars: | 2024-08-10 | by ( Alesandra Dubin | ) www.businessinsider.com time to read: +5 min

AdvertisementRegularly taking our food to go saved us moneyWe stopped for photos while walking around the Amalfi Coast. Packing fashionably but practically was keyComfortable shoes are helpful when walking around the Amalfi Coast. Alesandra DubinThe Amalfi Coast is like a fashion show in high season — a feast for the eyes of chic coastal Italian style. Still, I wish we hadn't overbooked and tried to do too muchWe tried to see a lot of the Amalfi Coast in just a few days. Alesandra DubinOur Airbnb in Sorrento was our hub from which we'd visit the Amalfi Coast and surrounding area on day trips.

Persons: —, it's, I'd, Alesandra Dubin, overbooked Organizations: Service, —, Business Locations: Southern Italy, Amalfi, Amalfi Coast, Sorrento, Capri

☆ I lived in 2 big cities before moving back to my hometown. I can finally afford a home — and I got paid $5,000 to do it.
▼ + stars: | 2024-08-09 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

The Move to Columbus program was sent to me by probably three family members and four friends. I was born and raised in Columbus, Georgia. Before I moved back, I lived in Nashville for seven years and spent two years in Tucker, Georgia, just outside of Atlanta. Bishop's home in Columbus, Georgia. AdvertisementA waterfront in Columbus, Georgia.

Persons: —, Will Bishop, it's, we'd, would've, they're, SeanPavonePhoto, we've, we're, Will Bishop We've, grandpa who's, It's Organizations: Service, Business, Will, Navy Locations: Columbus , Georgia, Columbus, Nashville, Tucker , Georgia, Atlanta . Columbus, Atlanta, Atlanta Real

☆ Dolce & Gabbana launches $100 perfume for dogs inspired by owner's poodle
▼ + stars: | 2024-08-08 | by ( April Roach | ) www.cnbc.com time to read: +3 min

(Photo by Alberto PIZZOLI / AFP) (Photo by ALBERTO PIZZOLI/AFP via Getty Images)Dolce and Gabbana's luxury perfume for dogs — costing over $100 — has sparked concerns from some animal welfare organizations. The Italian fashion house's alcohol-free fragrance mist for dogs, which costs £83 ($105) on its U.K. website, is inspired by Fefé, the pet dog of brand-owner Domenico Dolce. However, the fragrance has drawn some concern from animal welfare organizations and experts who warn that perfumes can interfere with a dog's sense of smell. Oils such as ylang ylang which is included in Fefé, can also have a positive effect, he said. RSPCA's Potter also noted that some "lightly-scented products," which do not use aversive scents or interfere with a dog's sense of smell, can have a calming effect.

Persons: Domenico Dolce's, Alberto PIZZOLI, ALBERTO PIZZOLI, —, Fefé, Domenico Dolce, Ylang, Gabbana, Alice Potter, Donald Maurice Broom, Broom, RSPCA's Potter, we'd, Potter, Dolce Organizations: Dolce, Gabbana, Getty, RSPCA, Cambridge Veterinary School Locations: Rome, AFP, Fefé

☆ Business Insider seeks tips regarding potential abuses by corporate landlords across the US
▼ + stars: | 2024-08-08 | by ( Cecilia Reyes | ) www.businessinsider.com time to read: +1 min

Business Insider is investigating the rental practices of corporate landlords. We'd like to hear from current or former tenants or employees of corporate landlords or management companies. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! This story is available exclusively to Business Insider subscribers.

Persons: Cecilia Reyes, — Organizations: Service, Business Locations: confidentially

☆ Disney falls on concerns about its theme park business. Here's why we'd buy the stock
▼ + stars: | 2024-08-07 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

Shares of Disney fell Wednesday as concerns about attendance at its theme parks overshadowed streaming profits and better-than-expected headline results. The combined streaming business — encompassing Disney+, Hulu and ESPN+ — turned in its first-ever quarterly profit slightly ahead of schedule. Then, about two weeks ago, CNBC parent Comcast issued weak April-to-June results for its Universal theme parks business, which weighed on Disney's stock in that session . And, at this point, getting to profitability in the combined streaming business, which adds ESPN+ into the mix, was the biggest focus. "So, I do believe the parks business is in fundamentally good shape.

Persons: LSEG, —, Jim Cramer, Jim, we're, Hugh Johnston, Johnston, Disney, Bob Iger, Jim Cramer's, Walt, Gary Hershorn Organizations: Disney, Revenue, ESPN, Comcast, Netflix, Warner Bros Discovery, Paramount Global, Hulu, CNBC, PepsiCo, Wall Street, ABC Network, Geographic, Management, Magic, Walt Disney World, Corbis, Getty Locations: U.S, India, Orlando , Florida

☆ Eli Lilly reports earnings Thursday. Here's what Wall Street is watching
▼ + stars: | 2024-08-07 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +5 min

Novo Nordisk shocked investors on Wednesday when its latest results fell short of Wall Street's expectations. While Eli Lilly's stock remains up about 32% year to date, concerns about increasing competition in the category have resulted in a nearly 16% decline for Lilly shares over the past month. Eli Lilly is making similar attempts with Zepbound, but its launch is at an earlier stage than Wegovy. Second-quarter sales of Ozempic, Novo's diabetes treatment, rose 4% from the first quarter, while Wegovy revenue grew 24% quarter over quarter. Barclays analyst Emily Field told clients in a research note that she would be a buyer of Novo Nordisk shares on the weakness.

Persons: Eli Lilly, Eli, Lilly, Wells, Mohit Bansal, Ozempic, Bansal, Emily Field, David Song, Song, Chris Schott, Schott Organizations: Novo Nordisk, LSEG, Lilly's, Management, Food and Drug Administration, Barclays, Tema, JPMorgan Locations: Wells Fargo, IQVIA, Amgen, MariTide, Novo, CagriSema

☆ Why investors may want to wait before buying the dip: 'Don't rush to try to catch a falling knife'
▼ + stars: | 2024-08-06 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

The S & P 500 was higher Tuesday, one day after the broad market index posted its worst day in nearly two years amid revived fears of a recession. The current pullback has all the hallmarks of a market correction, the strategist said. So, don't rush to try to catch a falling knife," Malek said. The S & P 500 on Tuesday traded about 7% below a record high reached last month. Besides, he said, it is hard to think of a market correction occurring in August, when a bottom is historically more likely to happen in the month of October.

Persons: Thomas Salopek, Salopek, Mark Malek, Siebert, Malek, CFRA's Sam Stovall, Stovall, Strategas, Chris Verrone, Verrone Organizations: Nasdaq, JPMorgan

☆ Markets rebounding after Monday’s carnage, but will it last?
▼ + stars: | 2024-08-06 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Markets around the world are getting some relief after the steep declines suffered Monday. Japan's Nikkei 225 surged more than 10% overnight — its biggest one-day gain since 2008 — clawing back some of its losses from the previous session. In the U.S., stock futures pointed to slight gains at the open. It might be an easier call if it was October, but we frankly struggle to think of many markets that have put in their corrective lows in early-August," Verrone wrote. The Cboe Volatility Index (VIX) , Wall Street's preferred fear gauge, remained elevated around 32, though it was down 16% in morning trade.

Persons: Morgan Stanley, Trump, Thomas Salopek, Chris Verrone, Verrone, Wall Street's Organizations: Japan's Nikkei, Dow Jones Industrial, Taiwan Semiconductor Locations: U.S, Coinbase

☆ Tech's Divorced Dad Energy: Silicon Valley Is Letting Down Customers
▼ + stars: | 2024-08-06 | by ( Ed Zitron | ) www.businessinsider.com time to read: +15 min

Big Tech companies became less known for one particular product. Instead, Big Tech became obsessed with a series of half-baked boondoggles that seemed revolutionary, yet in practice, were either not reliable enough to be trusted or simply not that useful. Big Tech has become sullen, entitled, and lazy, believing that nobody else could snatch away its precious customers. Related storiesEven when tech companies aren't trying to shove AI down our throats, they fall into a similar trap. AdvertisementWhen the public eventually walks out, I don't believe Big Tech is even capable of making the adjustments necessary to win them back.

Persons: Smart, surly, Apple, Meta, Tesla, Elon Musk, Musk, —, Goldman Sachs, Jim Covello, Sundar Pichai, it's, Tech's, Satya Nadella Organizations: Google, Microsoft, Apple, Big Tech, Siri, Amazon, Meta, Tech, Facebook, cryptocurrency, Porsche, Microsoft Windows Locations: America

☆ A couples therapist says she can predict your relationship problems with a 30-question quiz
▼ + stars: | 2024-08-05 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +5 min

To help her clients, Lev incorporates schema therapy, which involves each partner learning about how their core beliefs. She said she can predict what a couple's arguments are before she even meets them 90% of the time. Advertisement"When we look at what people believe, it tells us about how they behave," Lev told Business Insider. Learning about your schemas can not only solve problems with your partner but also help you become more vulnerable or assertive. It's to help people move closer to emotional maturity — or recognize when a relationship just isn't good for them.

Persons: —, they're, Avigail Lev, Lev, Jeffrey E, Young, she's, didn't, engulfment, we'd Organizations: Service, Business Locations: San Francisco

☆ I spent two months working on a farm in South Korea for free lodging and food. It was hard work, but I saved at least $2,000.
▼ + stars: | 2024-08-05 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

But eight days before I headed to South Korea, a host texted me, asking, "Hey, are you still free?" He needed volunteers for his chestnut farm on the outskirts of Cheongyang, a village two hours from Seoul. AdvertisementI didn't know what to expect on the farmAfter finishing tasks on the farm, volunteers often take quick naps during their lunch breaks. Tim WinklerIt was a nice working atmosphere and there was no pressure to finish tasks by a certain time. AdvertisementThere was no set schedule on the farmWinkler said that no two days on the farm were the same.

Persons: —, Tim Winkler, I'd, I've, Winkler, we'd Organizations: Service, University of Hamburg, Business Locations: Germany, Bangkok, Asia, South Korea, Japan, Seoul, Cheongyang, Spain, Scandinavia

Here's everything you need to know about how to watch a free Alcaraz vs. Djokovic live stream from anywhere. Watch Alcaraz vs. Djokovic live stream for free online. How to watch Alcaraz vs. Djokovic in the USAThe cheapest option to watch Olympic tennis locally in the USA is Peacock. Check price at Peacock TVWhere to watch Alcaraz vs. Djokovic in AustraliaVast amounts of Olympic coverage will be available to live stream on 9Now in Australia, a free option you can access after creating a free account. Where to watch Alcaraz vs. Djokovic in the UKFor the most comprehensive tennis coverage, you'll need to head over to Eurosport, which is only £3.99 a month during the Olympics.

Persons: Roland Garros, Alcaraz, They're, ExpressVPN, Djokovic, Peacock Organizations: Business, Paris Olympics, Serbian, Wimbledon, Olympic, NBC, Eurosport Locations: Paris, Australian, USA, Australia

☆ Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings
▼ + stars: | 2024-08-03 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. Berkshire Hathaway 's cash pile swelled to a record $276.9 billion last quarter as Warren Buffett sold big chunks in stock holdings including Apple . The Omaha-based conglomerate's cash hoard jumped significantly higher from the previous record of $189 billion, set in the first quarter of 2024. For the second quarter, Berkshire's operating earnings, which encompass profits from the conglomerate's fully-owned businesses, enjoyed a jump thanks to the strength in auto insurer Geico. Operating earnings totaled $11.6 billion in the second quarter, up about 15% from $10 billion a year prior.

Persons: Warren Buffett, Berkshire Hathaway, Tim Cook, Buffett, I've Organizations: Berkshire Hathaway, Berkshire, Apple, Oracle, Buffett, Bank of America, Federal Reserve, Dow, Industrial Locations: Omaha , Nebraska, Omaha, Berkshire

We decided on a destination wedding, and my credit card helped make it affordable. We earned lots of points and miles, and it offered useful perks on our flight to Oahu. We decided to get married in OahuWhen our vision for the wedding started to crystallize, we decided on a destination wedding in Oahu. After looking at a few options, we decided to use our Alaska Airlines credit card. We also earned thousands of miles on wedding purchases like the hotel and transportation.

Persons: —, we're, we'd, Read Organizations: Service, Alaska Airlines, Alaska Airlines cardholders Locations: Oahu, Seattle, Hawaii, Kauai, Maui, Austin, Chicago, Manhattan

Here's everything you need to know about how to watch a free Zheng vs. Vekic live stream from anywhere. Watch Zheng vs. Vekic live stream for free online. How to watch Zheng vs. Vekic in the USAThe cheapest option to watch Olympic tennis locally in the USA is Peacock. Where to watch Zheng vs. Vekic in the UKFor the most comprehensive tennis coverage, you'll need to head over to Eurosport, which is only £3.99 a month during the Olympics. If you want free coverage, 9Now in Australia (see above) is your best bet, as we see plenty of events on their schedule.

Persons: You'll, They're, ExpressVPN, Zheng, Peacock Organizations: Business, Paris Olympics, Olympic, NBC, Eurosport Locations: Paris, Australian, USA, Vekic, Australia

☆ My mom had me at 22. Having a young mother has helped us become close friends in adulthood.
▼ + stars: | 2024-08-03 | by ( Jamie Valentino | ) www.businessinsider.com time to read: +5 min

She spent her early 20s raising quadruplet sons. AdvertisementAs a kid, I believed my mom's sole purpose was to raise meThough my mother was young, becoming a parent surely matured her personality. was probably the most common question Mom asked me throughout my early 20s. AdvertisementWorking alongside my mother helped us bond as close friendsDuring the pandemic, I faced the loss of a major consulting gig. Perhaps we could reach our golden years together because — unlike Mom — I have no qualms about retiring early.

Persons: —, I'm, who'd, there's, we'd, Mom, she's Organizations: Service, Business, MCC Locations: New York, Midwest

☆ 6 underappreciated stocks to buy now: Top-3% fund manager in the last decade
▼ + stars: | 2024-08-02 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Read previewLeading fund manager David Vaughn would have every reason to be confident — cocky, even. Playing it safe can pay offSince Vaughn doesn't pretend that he can predict the future, he hedges his bets accordingly. ClariVest's international fund, which Vaughn has run since its inception in early 2013, holds a whopping 120 to 150 stocks at a time — far higher than many of its peers. The top fund manager and his colleagues don't develop an in-depth thesis for each stock or get cozy with sweet-talking management teams. Advertisement6 international stocks to buy nowAlthough Vaughn avoids getting attached to stocks in his heavily diversified fund, that doesn't mean he doesn't have favorite ideas in international markets.

Persons: —, David Vaughn, Vaughn, You've, Vaughn doesn't, We'd, that's, Charlie Brown, Lucy Organizations: Service, Carillon, Stock Fund, Business Locations: ClariVest

Jim Cramer said Friday the Fed should have cut at this week's meeting. Those were in place with AMD because Jim Cramer mentioned the stock on CNBC TV over the past 72 hours. 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, Dow Jones, here's, Eli Lilly, Jim Cramer's, Jim Organizations: CNBC, Dow Jones, Nasdaq, Federal Reserve, Fed, Bond, chipmaker Broadcom, AMD, Palo Alto, Nvidia, Wynn Resorts, Disney, Jim Cramer's Charitable Locations: U.S, DuPont, Dover, Wells

☆ Berkshire's mounting cash pile could top $200 billion as Buffett continues selling stock
▼ + stars: | 2024-08-02 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

David A. GroganBerkshire Hathaway 's highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic product of Hungary — amid CEO Warren Buffett's rare sale of some of his favorite stocks. The Omaha-based conglomerate is likely to say its cash hoard topped the previous record of $189 billion, set in the first quarter, when it reports second-quarter earnings Saturday morning. The selling could have resumed in the second quarter as shares of the iPhone maker jumped 23% in the period. "It's just a question of how long they are going to sit on it," Andrew Kligerman, TD Cowen's Berkshire analyst, said in an interview, referring to Berkshire's enormous cash pile. Stock Chart Icon Stock chart icon Berkshire Hathaway

Persons: Warren Buffett, David A, Grogan Berkshire Hathaway, Warren, Buffett, Bill Stone, Andrew Kligerman, I've, Berkshire Hathaway Organizations: Berkshire Hathaway, Apple, Bank of America, Oracle, Glenview Trust Company, America, Federal, Berkshire Locations: Omaha , Nebraska, Hungary, Omaha, Glenview, Berkshire, Charlotte

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