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☆ Stock futures are down slightly on Monday evening after rally takes a breather: Live updates
▼ + stars: | 2023-06-05 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

S&P 500 and Nasdaq-100 futures slipped 0.1% and 0.2%, respectively. The Dow finished Monday down about 0.6%, while the S&P 500 and Nasdaq Composite lost about 0.2% and 0.1%, respectively. Elsewhere, bank stocks slid following news that regulators are contemplating increasing capital requirements for large banks. Goldman Sachs and Bank of America each lost about 0.6% on Monday, while Morgan Stanley slipped around 0.7% and JPMorgan shares slid nearly 1%. The SPDR S&P Bank ETF dropped about 2.2%.

Persons: Apple, —, Keith Buchanan, Goldman Sachs, Morgan Stanley Organizations: New York Stock Exchange, New York Stock, Dow Jones, Nasdaq, Dow, Big Tech, Intel, Apple, Globalt Investments, Bank of America, JPMorgan, P Bank Locations: New

☆ Stock futures are little changed after the S&P 500’s best week since March
▼ + stars: | 2023-06-04 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

U.S. equity futures were little changed Sunday evening after a broad-based rally last week that pushed the S&P 500 to its best week since March, and its highest level since last August. S&P 500 futures were higher by 0.09% and Nasdaq-100 futures hovered below the flat line. On Friday, stocks rallied to end the week following strong jobs data for the month of May. The Dow jumped 701.19 points, or 2.12%, for its best day since January, ending the week at 33,762.76. "Recent banking sector developments are also encouraging, and repeated signs of labor market strength are reducing the risk negative outcomes.

Persons: Dow, Joe Biden, Dow Jones, Mace McCain, Yung, Yu Ma, Smucker, Campbell Soup Organizations: Dow Jones, Nasdaq, U.S ., Labor Department . Public, Frost Investment Advisors, BMO, CNBC, Investors, Natural Foods, Signet Jewelers, PMI, Institute for Supply Management, Global, Mortgage, Association

☆ Nasdaq hits 13-month high as investors look ahead to OPEC+ meeting and Apple headset event
▼ + stars: | 2023-06-03 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

It was a strong week for all three major stock indices, with the market bolstered Friday by strong jobs data and a deal in Washington to raise the U.S. debt ceiling. The S & P 500, the Nasdaq and the Dow Jones Industrial Average all finished the week roughly 2% higher. While Friday's rally broadened out beyond just the usual tech stocks, the Nasdaq ended Friday at its highest level since April 2022. This is the key data to look out for in the week ahead: Monday, June 5 9:15 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: payrolls, Biden, Investors, we've, Joann, JOAN, Ferguson, JM Smucker, Buster's, Campbell Soup, OLLI, Friday's, Jim Cramer's, Jim Cramer, Jim, Anna Moneymaker Organizations: U.S . Labor Department, Nasdaq, Dow Jones Industrial, Organization of Petroleum, Monday Club, Apple, PMI, THOR Industries, ABM Industries, Academy Sports, Ciena Corp, Foods, GameStop, Signet Jewelers, SIG, Company, Brands, Vail Resorts, MTN, Labor, Federal Reserve, U.S, West Texas, Treasury, Jim Cramer's Charitable, CNBC, Capitol, Getty Locations: Washington, OPEC, Vienna, China, U.S, Washington , DC

☆ 'The Little Mermaid's' box office will say a lot about Disney's live-action remake strategy
▼ + stars: | 2023-05-31 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

That opening is on par with the $91 million "Aladdin" secured in 2019 on its way to more than $1 billion at the global box office. Audience buzz has become an increasingly important factor in box office success in the wake of the pandemic. Those that skip out on seeing a film during its opening weekend can be enticed to cinemas by positive chatter, helping to bolster the film's overall box office. The studio, which is known for its animated content, saw two of its recent releases — "Lightyear" and "Strange World" — flounder at the box office. Although there were two live-action films based on "101 Dalmatians" in 1996 and 2000, Disney didn't start producing these remakes in earnest until 2010's "Alice in Wonderland."

Persons: Alice, Maleficent, Lilo, Shawn Robbins, it's Organizations: Disney, Universal Pictures, DreamWorks Animation, BoxOffice.com Locations: Wonderland

☆ Budding fashion designers are learning the benefits of creating digital outfits for Roblox
▼ + stars: | 2023-05-27 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

This year the Parsons School of Design teamed up with Roblox, an online gaming platform, for a design course. The course aims to prepare students for a fashion world that's increasingly merging with the digital world, The Verge reported. Digital designs on platforms like Fortnite have already proved to be profitable on these platforms. The digital fashion sector will be worth $50 billion by 2030, according to Morgan Stanley. And luxury fashion brands, including Gucci and Burberry, are already designing for the metaverse and Roblox, Insider reported.

☆ These 2 millennial brothers quit their jobs to focus on their side hustle so they could 'get out of bed and not dread work'
▼ + stars: | 2023-05-14 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

Josh and Arran Stewart quit their jobs in March to focus full-time on their side hustle. They started clothing brand Illicit Bloc with about $2,500 after being furloughed in the pandemic. After being furloughed, the brothers decided to launch their clothing brand, Illicit Bloc, as a side hustle in April 2020. After the brand started gaining some traction last year, the brothers from Buckinghamshire in England realized it might be time to focus on their side hustle full-time. Arran and Josh Stewart work together on the design and sampling.

☆ The International Space Station is hiding in this mind-blowing photo, as it passes the sun. Can you spot it?
▼ + stars: | 2023-05-04 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

The International Space Station passes the sun in a gorgeous portrait by photographer Andrew McCarthy. Can you spot the space station in this portrait of an increasingly active sun? It erupts high-energy radiation into space, some of which slams into the International Space Station rocketing around Earth. The space station zips across the sun like a fast-moving needle in a haystackMcCarthy's multi-telescope setup to capture his photo of the space station crossing the sun. He used the sunspots as a visual cue, knowing the space station would pass in front of them.

☆ Researchers just created the largest-ever database of how we interact on Zoom. Here are their tips for making everyone like you on video chats.
▼ + stars: | 2023-05-01 | by ( Adam Rogers | ) www.businessinsider.com time to read: +16 min

The result is the largest-ever database of one-on-one Zoom conversations. And while the average loudness of speakers didn't change across bad or good conversations, the "good" talkers varied their decibel levels more than the "bad" talkers did. The machine found that women rated as better Zoom conversationalists tended to be more intense. Good conversationalists are those who appear more engaged in what their partners are saying. Studying Zoom calls may help us have better conversations on Zoom.

☆ Science has finally figured out how fast and loud you should talk on Zoom
▼ + stars: | 2023-05-01 | by ( Adam Rogers | ) www.businessinsider.com time to read: +16 min

The result is the largest-ever database of one-on-one Zoom conversations. It may shed new light on what we talk about when we talk about talking today — the conversation of the future. And while the average loudness of speakers didn't change across bad or good conversations, the "good" talkers varied their decibel levels more than the "bad" talkers did. The machine found that women rated as better Zoom conversationalists tended to be more intense. Good conversationalists are those who appear more engaged in what their partners are saying.

☆ New York’s Transit Agency Quits Sharing Updates on Twitter
▼ + stars: | 2023-04-28 | by ( Derrick Bryson Taylor | ) www.nytimes.com time to read: +1 min

The agency does not pay tech platforms to publish service information, which Ms. Rieara said could also be found through the MYmta and TrainTime apps, the M.T.A.’s website, email alerts and text messages. “Service alerts are also available on thousands of screens in stations, on trains and in buses,” she said. did not immediately respond to a request for comment early Friday. Still, the agency doubled down. In February, there were more than 84 million subway trips and more than 33 million bus trips, which were about two-thirds of the ridership rates in February 2019, according to the city’s comptroller’s office.

☆ Watch an A.I. Learn to Write by Reading Nothing but Jane Austen
▼ + stars: | 2023-04-26 | by ( Aatish Bhatia | Aatish Bhatia Spent Weeks Reading Dozens Of A.I. Research Articles | Training Tiny Language Models On His Computer. Before Coming To The Times | ) www.nytimes.com time to read: +12 min

This is how language models usually start off: They guess randomly and produce gibberish. Over many, many rounds of training, language models can learn to write. As language models grow larger, the patterns that they learn can become increasingly complex. More is differentOther than the additional fine-tuning stages, the primary difference between nanoGPT and the language model underlying chatGPT is size. Large language models can become highly unpredictable, as evidenced by Microsoft Bing A.I.’s early interactions with my colleague Kevin Roose.

☆ 2023 layoff tracker: The latest on which companies have announced job cuts
▼ + stars: | 2023-04-25 | by ( Jennifer Korn | ) edition.cnn.com time to read: +20 min

New York CNN —BuzzFeed, Lyft, Whole Foods and Deloitte all recently announced layoffs affecting thousands of US workers. With 11,000 job cuts announced in November and the 10,000 announced in March, Meta’s headcount will fall to around 66,000 — a total reduction of about 25%. The company announced in January that it was eliminating some 18,000 positions as part of a major cost-cutting bid at the e-commerce giant. IndeedJob listing website Indeed.com announced cuts of approximately 2,200 employees, representing almost 15% of its total workforce, the company said in March. The cuts come after the company announced several rounds of job cuts throughout the pandemic due to falling demand, followed by rapid hiring last year.

☆ 'Lilo & Stitch' live-action remake raises concerns about colorism
▼ + stars: | 2023-04-23 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +6 min

CNN —Disney’s animated hit “Lilo & Stitch” is getting the live-action treatment, but a reported casting decision has set off a new conversation about colorism in Hollywood. Why some feel Nani’s skin color is relevantThe new “Lilo & Stitch” is based on an animated film and Nani is a fictional, animated character. But unlike “The Little Mermaid,” which is rooted in mythology despite receiving racist backlash over Halle Bailey’s casting in the live-action remake, “Lilo & Stitch” draws from a very real culture and people. The live-action “Lilo & Stitch” is only the latest in a long line of projects that have faced accusations of colorism. Though Connor is disappointed, she hopes the “Lilo & Stitch” remake will otherwise stay true to the original, which she loved so much growing up.

[1/5] People look at handbags on display outside shops in a market, ahead of Eid al-Fitr celebrations in Karachi, Pakistan April 19, 2023. REUTERS/Akhtar SoomroKARACHI, Pakistan, April 20 (Reuters) - Retail sales in Pakistan have witnessed a sharp drop compared to previous years in the run up to the Muslim holiday of Eid al-Fitr, retailers say, as shoppers feel the pinch of decades-high inflation. The lead up to Eid al-Fitr, expected to fall on Saturday in Pakistan to mark the end of the holy month of Ramadan, traditionally sees the highest sales of the year. Asfandyar Farrukh, co-founder of CAP and managing director of Hub, a leather goods store, said that Eid shopping appears to have started sooner and peaked earlier, coinciding with salary pay days, and customers anticipating price increases. The sales drop adds to the slowing of Pakistan's $350 billion economy, which has struggled in recent months amidst tough stabilisation polices, including the central bank raising interest rates to a historic high of 21%.

[1/2] Anutin Charnvirakul, Bhumjaithai Party's leader and prime ministerial candidate, speaks during an interview with Reuters in Bangkok, Thailand, April 10, 2023. This time, new election rules favour bigger parties, and Bhumjaithai has strengthened its slate of candidates to compete with larger opponents. "Last time, Bhumjaithai Party won millions of votes from people who believed in the benefits of marijuana," he said. Some small parties have suggested amending it and Pheu Thai has raised the possibility of discussing it in parliament. "Protecting the monarchy is an inspiration for the party," Anutin said.

☆ 19 Best Gift Ideas for the Dad Who Has Everything
▼ + stars: | 2023-04-06 | by ( ) www.wsj.com time to read: +10 min

To help, we tapped a coterie of expert gift-givers to share the best gifts for dads who have everything. For the dad who loves to relaxFor the dad who’s always moaning about his aching feet, gift him this top-rated foot massager, which uses a mix of Shiatsu, compression and vibration to provide an effective and thorough massage. For the dad who loves to napFor fathers who enjoy an afternoon snooze or have trouble sleeping at night, these wireless sleep headphones are a solid bet. New York City-based Greenberg loves the space-saving aspect. If he’s even “slightly handy,” says Greenberg, he’ll appreciate this addition to his gadget arsenal.

Persons: Sarah Grossbart, Rachel Simon, “, ”, Josh McBride, Bad Birdie, Hannah Redmond, that’s, Steve Greenberg, wouldn’t, Greenberg, I’ve, —, Redmond, Elisabeth Jones, Hennessy, Dad, Alison Deyette, Paul Zahn, won’t, Zahn, ” Greenberg, he’ll, Roberts Schey’s, Francisco Corvi’s, Keys, Roberts Schey, Pam Blondin Organizations: Bluetooth, VR, Scout Locations: New York City, York City, Florida, . New York City, Los Angeles, Argentine, Raleigh, North Carolina

☆ Australia risks losing pole position in critical minerals race
▼ + stars: | 2023-03-30 | by ( Melanie Burton | ) www.reuters.com time to read: +5 min

The Grattan Institute, a think tank, estimates the critical minerals industry could add more than $400 billion to the economy by 2050, a bigger contribution than the coal industry, Australia's no.2 export, today. They want rapid action in light of new competition from the U.S., Canada and the European Union, which have laid out critical minerals strategies including billions of dollars in incentives. King said on Wednesday a critical minerals strategy would be released "soon". However the government has not said when it would deliver its national battery strategy. "The elements for an effective critical minerals strategy are in place.

☆ The CTO of a climate-tech company shares a 3-part approach to technology that can improve employee recruitment and performance
▼ + stars: | 2023-03-23 | by ( Meira Gebel | ) www.businessinsider.com time to read: +7 min

Consider using standard technology as a recruiting toolReavill said Commons uses standard technology externally, in its consumer-facing applications, but also internally as a means of attracting top talent. Although some CEOs are skeptical about remote work, Reavill believes more tech leaders should embrace it. The main thing stopping companies in the environmental industry from quickly progressing isn't technology, "because we have a lot of powerful technology," Reavill said. "When things get bigger, and things become much more complex, you have to introduce more powerful and, in some ways, more constraining tools," Reavill said. A common sign of internal strain is when training new employees on standard technology tools becomes a burden.

☆ Nordstrom, Neiman Marcus Supplier Paid California Workers $1.58
▼ + stars: | 2023-03-23 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +5 min

The Department of Labor randomly investigated 50 clothing companies in Southern California. It found that more than 80% were breaking one or more provisions of federal labor law. One garment maker was paying workers just $1.58 an hour. In what the department described as a "particularly egregious case," one garment manufacturer — making clothes for brands including Nordstrom, Neiman Marcus, Stitch Fix, and Von Maur, per investigators — was found to be paying some workers an hourly rate of just $1.58. It shows, she argued, "that strong federal action is needed to change the abusive pay rates in the American garment manufacturing industry."

☆ Here are Tuesday's biggest analyst calls: Apple, Meta, Harley-Davidson, Exxon, Amazon, Roblox & more
▼ + stars: | 2023-03-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Tuesday's biggest calls on Wall Street: Morgan Stanley upgrades Meta to overweight from equal weight Morgan Stanley said it sees a more "structurally" disciplined company. " Morgan Stanley upgrades Emerson Electric to overweight from neutral Morgan Stanley said shares of the multinational tech company are too attractive to ignore. Morgan Stanley reiterates Apple as overweight Morgan Stanley said Microsoft is a long-term threat to Apple that's worth watching. Morgan Stanley upgrades Harley-Davidson to overweight from equal weight Morgan Stanley said the stock is attractive at current levels. Morgan Stanley reiterates Exxon as overweight Morgan Stanley said it likes the oil and gas giant's robust "competitive positioning."

☆ SVB collapse is double-whammy for tech startups already navigating brutal market
▼ + stars: | 2023-03-19 | by ( Ashley Capoot | ) www.cnbc.com time to read: +11 min

He'd started the process six months earlier during a brutal period for tech stocks and a plunge in venture funding. Investors were just pulling in their horns, the SPAC market had fallen apart, valuations for tech companies were collapsing." In the absence of venture funding, money-losing startups have had to cut their burn rates in order to extend their cash runway. Since the beginning of 2022, roughly 1,500 tech companies have laid off a total of close to 300,000 people, according to the website Layoffs.fyi. Kruze Consulting provides accounting and other back-end services to hundreds of tech startups.

☆ Nordstrom will cut about 2,500 jobs as layoffs creep into the retail world. Here's the full list of major retailers that have laid off workers in 2023.
▼ + stars: | 2023-03-13 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +4 min

Layoffs have started trickling into the retail sector, primarily impacting corporate employees. Still, few retailers are laying off store employees as the "labor hoarding" trend continues in 2023. Since the start of 2023, major retailers ranging from department stores to direct-to-consumer brands have cut staff, the latest swing in a sector that's been hit hard by labor challenges and inflation. Brian Ach/Invision for The RealReal/AP ImagesThe RealReal: The luxury consignment company cut 230 employees, about 7% of its workforce. Lidl: Around 200 US-based corporate employees were let go from the German grocery chain.

☆ 15 Best Dress Shirts for Men, According to Style Experts
▼ + stars: | 2023-03-10 | by ( ) www.wsj.com time to read: +10 min

Since dress shirts are a closet staple, there are also hundreds to pick from, making a trusted recommendation invaluable. “Hands down, it’s my top selling button-up dress shirt,” she says. Though it has the appearance of a traditional dress shirt, it’s actually made of a sweat-wicking cotton-polyester blend with four-way stretch. “Without a doubt, this is a favorite of each client that tries it,” Alexander says of the dress shirt he recommends most often. Soft silk pickAs an alternative to cotton or synthetic blends, silk is a luxurious option that’s lightweight and soft on the skin.

☆ How this former Adidas executive is tackling the biggest problem in footwear with biodegradable sneakers
▼ + stars: | 2023-03-10 | by ( Matthew Kish | ) www.businessinsider.com time to read: +5 min

"It's a first of its kind," Liedtke told Insider. The Unless shoe, which retails for $139, was made in partnership with Natural Fiber Welding, which makes various materials from natural products, including plants and minerals. Jonathan Leibson/Getty Images for ADIDAS"This is a game changer," industry analyst and ARCH-USA founder Chris Burns previously told Insider. "What's unique about what Eric has done in the footwear industry is paid attention to every single component of the shoe," Natural Fiber Welding President Steve Zika previously told Insider. Last April, Natural Fiber Welding announced an $85 million Series B investment round.

March 9 (Reuters) - Bytedance's TikTok Inc persuaded a federal jury in Los Angeles on Thursday that its Stitch feature does not violate trademark rights belonging to British video-editing company Stitch Editing Ltd. The jury rejected Stitch Editing's argument that TikTok confuses consumers by using the Stitch name to brand the popular social-media platform's technology for "stitching" videos together. It sued in 2021 over TikTok's Stitch technology, which allows users to splice other videos on the platform into their own. Stitch Editing told the court that TikTok's use of "Stitch" gave users the mistaken impression that the companies are affiliated and threatened to drown out its brand. The case is Stitch Editing Ltd v. TikTok Inc, U.S. District Court for the Central District of California, No.

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