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☆ Founders Fund partner Sam Blond has left the firm
▼ + stars: | 2024-03-04 | by ( Melia Russell | ) www.businessinsider.com time to read: +3 min

Sam Blond has left Founders Fund after 17 months with the firm. Blond's departure from Founders Fund is the second in as many months after Keith Rabois left. AdvertisementSam Blond, the Founders Fund partner who brought sales expertise from his years at Brex and Zenefits, has left the firm, he announced on X. He's the second partner to depart Founders Fund this year after Keith Rabois made a return to Khosla Ventures in January. In 2022, Founders Fund took part in 84 rounds that totaled about $6.6 billion.

Persons: Sam Blond, he's, Keith Rabois, —, I've, Blond, Forbes, Rabois, Axios Organizations: Fund, Service, Founders Fund, Khosla Ventures, Brex, Institutional Locations: Brex

☆ Venture capital firm's plan to buy nonprofit hospital system has Ohio community on edge
▼ + stars: | 2024-03-02 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +17 min

In late 2022, Harrison joined venture firm General Catalyst, which has backed tech highfliers like Stripe, Snap and Airbnb . This is the first holistic transformation of a health system to a thoughtful combination of digital and in-person care." "It just makes people a little nervous, and it doesn't feel quite aligned with this concept of health care being a human right." To revolutionize how we care for patients, we in health care are doing the same." "This is not like a turnaround, this is not a distressed system," Harrison said.

Persons: Marc Harrison, who's, Astrid Stawiarz, Mark Zuckerberg, Elon Musk, He's, screeds, Harrison, Catalyst, HATCo, Fitch, Ceci Connolly, Connolly, She's, Freddy Krueger, John Bass, Bass, he's, Chris Bischoff, Bischoff, it's, Harrison isn't, Michael Greeley, Greeley, Beaumont, Cliff Deveny, hadn't, Deveny, Ben Sutton, Sutton, Shammas Malik, James Hardy, Hardy, Mayor Malik, Malik, we've, Capital's Greeley, Catalyst's Organizations: Healthy, CNBC, Intermountain Healthcare, Catalyst, Summa Health, Health Assurance Transformation Corporation, Summa Health Medina, Urban Institute, Fitch Ratings, Alliance of Community Health, General Catalyst, HCA Healthcare, University of California Davis Health, Intermountain, Flare Capital Partners, Beaumont Health, Health, Akron, Ideastream Public Media, HATCo Locations: New York City, Silicon Valley, Utah, Ohio, Harrison, PitchBook, U.S, Canada, Israel, Michigan, Beaumont, Akron, Summit County, Akron's

☆ Give us your nominations: CNBC is listing the world’s top fintech companies
▼ + stars: | 2024-02-28 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

For a second year, CNBC and independent research firm Statista are working together to identify the world's top fintech companies, to be named in a published CNBC report this July. Nominations are now open for the top global fintech companies list. You can check out last year's list of the top 200 fintech companies, which includes the likes of Chinese tech giants Ant Group and Tencent, U.S. fintech firms PayPal and Stripe, and European companies like Klarna and Revolut. In addition to the fintech list, CNBC is also launching a separate list showing the top insurance technology (insurtech) companies globally, planned to be published in August. Insurance has proven a market ripe for digital disruption, as a wave of new digital-native companies have done away with the paper-based processes that previously dominated the industry.

Organizations: CNBC, Ant Group, PayPal, Insurance

☆ A better way to handle layoffs
▼ + stars: | 2024-02-20 | by ( Aki Ito | ) www.businessinsider.com time to read: +11 min

Out of everything that happens in the workplace, nothing underscores the harshly transactional nature of employment more than the way companies terminate their employees. To be sure, there are times when layoffs are necessary for the health — and even survival — of a company. In other words, the pitiless and coldhearted way businesses handle dismissals isn't just destructive to those who get dismissed. Is there a better way to handle layoffs? For starters, Herd says, managers should look the employees they're dismissing in the eye, rather than reading from a script.

Persons: TikTok, Brittany Pietsch, she'd, isn't, Pietsch, they're, you've, — they're, Slack, it's, Sandra Sucher, Sucher, pare, Ashley Herd, Herd, —, Reagan, Aki Ito Organizations: Mafia, Harvard Business School, Nokia, Business

☆ A top investor in global brands from Airbnb to Snap says we need swift 'guardrails' to get countries on the same page about AI
▼ + stars: | 2024-02-20 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

The CEO of the VC firm General Catalyst told WSJ that international collaboration will be crucial. World leaders should "align on some core protocols" for AI development, he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Now there's this tension where no country wants to be left behind. So far, Russia has lagged behind China and the US in AI development.

Persons: Catalyst, —, Hemant Taneja, Taneja —, Taneja, Joe Biden, it's, Vladimir Putin Organizations: Service, Wall, publication's, US Commerce Department, European Locations: France, India, China, Russia

A fast-moving storm system brought several inches of snow to parts of the Northeast and Mid-Atlantic regions for the second time this week, leaving two inches of snow in Central Park but double-digit accumulations in other areas, such as parts of Long Island. Zack Taylor, a meteorologist with the National Weather Service in College Park, Md., described the overnight system, which over-performed in some places, as having a “narrow stripe” that brought eight to 12 inches of snow across portions of central Ohio through central Pennsylvania, north-central New Jersey and clipped the very extreme southern portions of New York. Nearly 10 inches of snow accumulated in Coney Island, while parts of Queens recorded up to six inches, according to the National Weather Service. Two inches of snow fell in Central Park. Snow totals so far have ranged from six to 10 inches across southwestern Long Island, southern portions of northeastern New Jersey and parts of Staten Island, forecasters said.

Persons: Zack Taylor Organizations: National Weather Service Locations: Central, Long, College Park, Md, Ohio, Pennsylvania, New Jersey, New York, Coney Island, Queens, Central Park, Staten Island

☆ 580 courses in 365 days: How crushing a world record changed one golfer’s perspective on life and America
▼ + stars: | 2024-02-16 | by ( Don Riddell | ) edition.cnn.com time to read: +9 min

Patrick Koenig played golf – a lot of golf. By the time he finished his golfing trek, Koenig had played in the USA, Finland, and Sweden, completing 580 different courses in 365 days. Assuming his record application – which typically take up to 12 weeks to review, according to the Guinness World Record website – is accepted, he will have smashed the previous best total by 131 courses. As well as playing an awful lot of golf, the experience has changed Koenig’s perspective on the world. Some days I wanted to sleep because I was tired, but I was like, ‘Oh, I can get up and play golf.

Persons: Patrick Koenig, Koenig, –, ”, “, Jonathan, Cathie Weaver, I’m, spatters Koenig, I’d, Royal New Kent –, ” Koenig, I’ve, ’, Rachel Alcone, he’d, Patrick Koenig ‘, “ It’s Organizations: CNN, Guinness, North, Monarch Beach, “, Royal New Locations: USA, Finland, Sweden, Canadian, California, Colorado, South Carolina, Pebble, Royal New Kent, Virginia, Royal, Sand Hills, Nebraska, Washington, Florida, Vermont, Texas, America

☆ Elad Gil, tech's biggest solo capitalist, sees an AI app wave coming
▼ + stars: | 2024-02-14 | by ( Darius Rafieyan | Samantha Stokes | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe year of the "AI app layer"Gil sees 2024 as the year that the “AI app layer” will start to crystalize, bringing the power of rapidly advancing foundation models to the masses. For someone with so much skin in the AI game, it’s notable that Gil’s portfolio does not include the big foundation models companies like OpenAI, Anthropic, and Cohere. Gil says he has been impressed with how quickly the legacy tech companies have moved to corner the market on cutting-edge AI research. But with the Biden administration’s more robust antitrust posture, Gil says there’s a lot of much-needed consolidation that’s not happening.

Persons: —, OpenAI, Elad Gil, Harvey, Character.ai, “ We're, ” Gil, ChatGPT, Gil, Gil's, ”, “ they’ve, Biden, there’s Organizations: Service, Business, Twitter, Mixer Labs, Google, Apple, Fortune, “ Enterprises Locations: Airbnb, MistralAI, Silicon Valley

☆ Tommy Hilfiger’s homecoming show sets stage for all-American new chapter
▼ + stars: | 2024-02-13 | by ( Nick Remsen | ) edition.cnn.com time to read: +8 min

CNN —Tommy Hilfiger has set the stage for a new chapter at his eponymous megabrand — and he did so by coming home. Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger Filippo Fior/Tommy Hilfiger In photos: Looks from Tommy Hilfiger's "elevated" Fall-Winter 2024 fashion show Prev NextFrom streetwear to sailing gear to sporty and preppy, often with a frisson of celebrity, it’s this lifestyle-driven approach, which is perhaps less about the fashion than it is the feeling, that is the key to Hilfiger’s modern — and continued — success. Elliot Grainge and Sofia Richie Grainge attend Hilfiger's show. Richie Grainge herself has evolved her stylistic approach from an ostentatious Los Angeleno verve into a look that’s more low-key highbrow. “Sofia is a style icon, and she’s also just an incredible person.”Gigi Hadid and Tommy Hilfiger walk the runway at the Tommy Hilfiger's Fall-Winter 2018 show during Milan Fashion Week on February 25, 2018.

Persons: Tommy Hilfiger, —, Hilfiger, ”, ” Tommy Hilfiger, Robert R, McElroy, à, Filippo Fior, Tommy Hilfiger Filippo Fior, Tommy Hilfiger's, Sofia Richie Grainge, Tommy, Damson Idris, Sonam Kampoor, Noah Beck, Jacob Rott, Chris Appleton, Halima Aden, Jasmine Tookes, Elsa Hosk, Elliot Grainge, Rob Berry, Kelly Rutherford, Lily van der, Blake Lively, Serena, Richie Grainge, ” Hilfiger, “, she’ll, Gigi Hadid, she’s, ” Gigi Hadid, Daniele Venturelli, Richie, we’ve, We’ve, Thomas Iannaccone, Corey Tenold, Hilfiger’s, NYFW, ebullience Organizations: CNN, Oyster, Grand Central, New, Hilfiger, HBO, Warner Bros ., verve, Milan, Penske Media, New York Locations: New York, Madison, New York City, —, Sofia, “ Sofia, American

☆ Wall Street sees a better backdrop for IPOs. Great news for these 2 portfolio stocks
▼ + stars: | 2024-02-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Wall Street is forecasting a better backdrop for companies that want to go public. While lower rates can stoke the IPO market, fewer rate cuts because the economy remains strong with cooling inflation should still be viewed as favorable. The IPO market and mergers and acquisitions (M & A) activity started to sour when the Fed began hiking interest rates back in March 2022. A strong IPO market overall is expected to also benefit burgeoning biotechnology firms, which would mean more business for Danaher. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: That's, Goldman Sachs, Goldman, Morgan Stanley, Danaher, Morgan, Morgan Stanley didn't, Ted Pick's, Jim Cramer, Morgan Stanley's, Raymond James, —, Jim Cramer's, Jim, Brendan Mcdermid Organizations: Federal, stoke, UST, Goldman, Fed, Companies, IB, Danaher, Biotech, Silicon Valley Bank, CNBC, Traders, New York Stock Exchange Locations: U.S, Silicon

(AP) — Jaz Shelley's 3-pointer with 30 seconds left gave Nebraska its first lead as the Cornhuskers rallied from a 14-point fourth-quarter deficit to beat No. Clark scored 31 points but missed her final six shots, including one just before the buzzer. Photos You Should See View All 21 ImagesHannah Steulke's layup with 9:22 left gave Iowa (22-3, 11-2) its biggest lead, at 71-57. Clark's 3-point try nicked off the front of the rim before Shelley made two free throws with 18.1 seconds left. Shelley made three 3-pointers, including two straight late in the second quarter to keep Iowa from pulling away.

Persons: LINCOLN, — Jaz Shelley's, Caitlin Clark, Clark, Kelsey Plum's, Hannah, Shelley, Steulke, Kate Martin, ___ Organizations: Nebraska, Cornhuskers, Pinnacle Bank, NCAA, Iowa, Huskers, Hawkeyes, Big, Ohio State, NEXT Nebraska, Michigan, AP, womens Locations: Neb, Iowa, . Nebraska, Washington, Nebraska, tipoff . Nebraska, . Iowa

☆ ‘One Day, I Stepped Out of My Building as She Was Walking Past’
▼ + stars: | 2024-02-11 | by ( ) www.nytimes.com time to read: 1 min

I have a neighbor who I would guess is about twice my age. For the past few months, whenever I have seen her on the sidewalk I have complimented her on what she was wearing, and she has done the same for me. One day, I stepped out of my building as she was walking past. We were wearing the same jeans, same Breton stripe T-shirts, same dark sunglasses, even the same gold necklace. I took a picture of the two of us, and we parted ways.

Persons: ”, “ Locations: Brooklyn

Conservatives have looked to country music over the decades to voice political beliefs and react to social change. Maines called Keith’s song “ignorant,” while Keith began performing in front of a doctored photo of Maines with Saddam Hussein. KEITH WAS A FAN OF THE MILITARY, AND VICE VERSAIn the years following “Courtesy,” Keith participated in 18 USO tours, performing for more than 250,000 service members in his lifetime. Lucas says he and others sent CDs with Keith’s song, “American Soldier,” to the wives of the men serving with his son. Keith “emboldened others in country music to think viewpoints that might be perceived as angry and conservative were okay to express,” Willman says.

Persons: — Toby Keith’s, Keith, We’ll, Jason Aldean, Jason Isbell, ”, Chris Willman, “, Willman, Willie Nelson, Amanda Marie Martinez, Jim Crow America, ” Martinez, Merle Haggard, “ Okie, Haggard, Ronald Reagan, Richard Nixon, Hillary Clinton, Barack Obama’s, “ Let's, George W, Bush, Obama, Donald Trump, it’s, Joseph M, Thompson, Alan Jackson, Jackson, Darryl Worley’s “, Clint Black’s “, Natalie Maines, Maines, Saddam Hussein, KEITH, ” Keith, John A, Lucas, ” Lucas, ’ ” Lucas, Aldean, Oliver Anthony’s “ Rich, Keith “, ” Willman, Pat Finnerty, Toby Keith, Hogan, ” Finnerty, ‘, Finnerty, Jude ’, it’d, Maria Sherman Organizations: Country Music, Variety, Pentagon, Dixie Chicks, U.S . Army, Army, North Locations: NORFOLK, Va, U.S, Afghanistan, Iraq, America, Vietnam, Muskogee, Iran, Clint Black’s “ Iraq, Richmond , Virginia, Tennessee, Richmond, ”, Philadelphia, Los Angeles

☆ Sequoia-backed fintech Pennylane just became a unicorn. Check out the 15-slide pitch deck it used to raise $43 million.
▼ + stars: | 2024-02-08 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

French accounting tech startup Pennylane has raised $43 million in a deal that valued the business at over $1 billion. Founded in 2020, Pennylane works with SMEs and accounting firms to simplify and digitize their accounting processes. The company's SaaS model pulls third-party data from platforms like Stripe and Qonto, to help SMEs with their accounting needs. This story is available exclusively to Business Insider subscribers. "We've seen very strong growth in users and revenues, without having to grow our sales and marketing spend," Waller told Business Insider.

Persons: Pennylane, Arthur Waller, Waller, it's, Visma Organizations: Business, Sequoia Locations: Paris, Pennylane

☆ Shopify Fulfillment Network is back — sort of. Here's why it's different this time around.
▼ + stars: | 2024-02-08 | by ( Madeline Stone | ) www.businessinsider.com time to read: +3 min

The new app has a familiar name: Shopify Fulfillment Network. With the new Shopify Fulfillment Network , merchants can sign up to use Flexport's services through Shopify's app. The newly named Shopify Fulfillment Network is not merchants' only option for fulfillment. Wong said the company had also indicated Flexport would not be the exclusive provider for Shopify Fulfillment Network. "They've definitely given themselves more choices than there were before when it was just Shopify Fulfillment Network or bust," he said.

Persons: Shopify, Tobi Lütke, Oppenheimer, Ken Wong, Wong, It's, Flexport, They've Organizations: Shopify Logistics, Business, Shopify, Flexport, Amazon Locations: Flexport, mlstone@protonmail.com

☆ Stripe rival Adyen's shares soar 22% as European payments giant posts profit beat, slows hiring
▼ + stars: | 2024-02-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Shares of European online payments giant Adyen jumped on Thursday, after the company reported strong sales growth and better-than-expected profit for 2023. Here's how the company did in its full-year results:Net revenue: 1.626 billion euros ($1.75 billion), up 22% year-on-year. That's broadly in line with expectations of 1.636 billion euros, according to LSEG, formerly RefinitivEBITDA (earnings before interest, tax, depreciation, and amortization): 743.0 million euros, up 2% year-on-year. The company also said it "significantly expanded" its partnership with a single, unnamed existing digital customer, which contributed to better sales growth overall. The move intended to address investor concerns that the company was spending too aggressively on hiring while peers were cutting back on their capital expenditure.

Persons: Adyen, Jefferies Organizations: PayPal, Analysts, Spotify Locations: Amsterdam, Klarna

☆ Uncle Sam just overhauled the H-1B visa lottery, and that's good news for startups
▼ + stars: | 2024-02-05 | by ( Melia Russell | ) www.businessinsider.com time to read: +4 min

Read previewA new reform to the US H-1B visa program aims to ring out some of the uncertainty for migrant workers and employers. Each year, tens of thousands of foreign nationals wind up at venture-backed companies through the employment-based visa program. However, obtaining an H-1B visa remains challenging due to high demand. Data shows much of the increase was due to a record-breaking number of employers submitting multiple H-1B registrations for the same person. "This led to many individuals being entered into the lottery multiple times, through different companies, and ultimately decreasing the odds of being selected in the lottery," Finkelman said.

Persons: —, Jason Finkelman, Finkelman, USCIS, Sophie Alcorn, Alcorn Organizations: Service, Immigration Services, Business, Tech Locations: Austin, Hyderabad, Beijing, Silicon Valley

☆ VCs need to return cash to their investors. The secondary market is coming alive as a result.
▼ + stars: | 2024-02-02 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +5 min

Venture capitalists need to free up cash and return money to their own investors, known as limited partners (LPs). The secondary share sales market in the US is well established. Bad timingMost VC funds agree to return their profits to their LPs within 10 years. A record 31 secondary funds headquartered in Europe were established in 2021, amid the hype period, with $29 billion in assets under management per PitchBook. It all comes down to how buoyant the VC market is: "If the market is good again, then who's going to sell secondary?

Persons: There's, Michael Smith, Regeneration's Smith, Kelly Rodriques, Hussein Kanji, Kanji, Hussein, Tom Henrikkson, OpeanOcean, it's, Henrikkson Organizations: Venture, Business, Industry Ventures, Cherry Ventures, Ventures, Albion, Forge, Financial Times, VC, Hoxton Ventures, Sequoia Locations: Silicon Valley, Europe, San Francisco, Amsterdam, London

☆ Salary data revealed: Here's how much 16 top US and European AI startups like OpenAI, Anthropic, and Hugging Face are paying staffers
▼ + stars: | 2024-02-01 | by ( Riddhi Kanetkar | Tasmin Lockwood | Callum Burroughs | ) www.businessinsider.com time to read: +2 min

AI talent is very much in demand, with some staffers from the likes of Stripe, Amazon, and Google making the switch to smaller upstarts. AI companies are using some of those funds to shell out on sizable salary packages to attract talent, according to data obtained by Business Insider. While salary transparency remains a problem in both Europe and the US, the latter has taken more steps to make salary data visible to employees and candidates. With considerable research prowess, Europe has become a hotbed for producing AI talent. Business Insider has pulled together salary data from some of the most in-demand AI companies that have published H1B salary data, including OpenAI, Anthropic, and Midjourney.

Persons: Sam Altman, queued, chunky, DeepMind's, Mustafa Suleyman Organizations: Google, Business, Mistral, Companies Locations: Europe, Atomico

☆ IPO watchers are pinning hopes for recovery on a strong stock market and the AI boom
▼ + stars: | 2024-01-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +8 min

Yet the main IPO ETF, the Renaissance Capital IPO ETF ( IPO ), has been for sale most of the month. "For the IPO market to open up, it would help not to have our IPO ETF down 9%," he said. Forge Global maintains a Private Market Index , a measure of 75 late-stage pre-IPO companies. "This tells you valuations are getting reset in the private market," Ng told me. Can AI save the IPO market?

Persons: Matt Kennedy, Homebuilder Smith Douglas, Don Short, Salomon, Wilson, Howe Ng, Ng, Del, Waystar, Kim Kardashian's, Short, Vincent Harrison Organizations: Renaissance Capital, Nasdaq, Amer Sports, Arc'teryx, Forge, SEC, Companies, Reuters, Auto, Turo, CNBC, Microsoft, Gaming, SpaceX, Forge Global Locations: Kazakhstan, IPOs, Pitchbook

☆ CNN Poll: Trump’s lead over Haley widens to double digits in New Hampshire
▼ + stars: | 2024-01-21 | by ( Jennifer Agiesta | ) edition.cnn.com time to read: +10 min

CNN —The race for the New Hampshire Republican presidential primary appears to be former President Donald Trump’s to lose, according to a new CNN poll conducted by the University of New Hampshire following Trump’s 30-point win in Iowa’s caucuses last week. Trump holds 50% support among likely Republican primary voters in the Granite State, while his closest competitor, former South Carolina Gov. Likely Republican and Democratic primary voters were identified through survey questions about their intention to vote. Results among 1,210 likely Republican primary voters have an error margin of plus or minus 2.8 percentage points. Results among 838 likely Democratic primary voters have an error margin of plus or minus 3.5 percentage points.

Persons: Donald Trump’s, Trump, Nikki Haley, Haley, Ron DeSantis, DeSantis, “, Joe Biden, Biden, ” Biden, Dean Phillips, Marianne Williamson, Phillips, Biden hasn’t Organizations: CNN, New Hampshire Republican, University of New, Republican, South Carolina Gov, Trump, Florida Gov, GOP, Democratic, Biden, Democratic National, Minnesota, CNN New, University of New Hampshire Survey Locations: University of New Hampshire, Granite State, New Hampshire, Trump, Mexico, Russia, Ukraine, CNN New Hampshire, Hampshire

☆ The state of Wall Street's drug culture
▼ + stars: | 2024-01-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at the state of Wall Street's drug culture. What's on deck:AdvertisementBut first, does Wall Street have a drug problem? The big storyHigh on Wall StreetVartika Sharma for BIOf the many stereotypes about Wall Street, one of the most prevalent is the industry's rampant drug use. From Martin Scorsese's "The Wolf of Wall Street" to HBO's "Industry," extreme drug use and working in finance are often portrayed as being hand-in-hand. Business Insider's finance team spoke to more than a dozen current and former finance professionals, along with several health professionals, to get a sense of Wall Street's drug culture these days.

Persons: —, Jennifer Lopez's, Vartika Sharma, Martin Scorsese's, JAMES ARTHUR GEKIERE, Marty Chavez, Goldman Sachs, Chavez, that's, It's, Ted Shaffrey, Justin Sullivan, MGM Studios Jen Salke, Rachel Weisz, Alice Birch, MGM Studios Sue Kroll, Kevin Mazur, they'll, Josephine Maida, I've Organizations: Service, Business, BI, Sixth, Apple, Netflix, Big Tech, Tech, Amazon, MGM Studios, Apple Vision, Schlumberger Locations: Wall

☆ Here are the 25 startups that sponsor the most H-1B visas for immigrants looking for work
▼ + stars: | 2024-01-18 | by ( Melia Russell | Alex Nicoll | ) www.businessinsider.com time to read: +2 min

The H-1B visa has served as a prominent pathway for skilled foreign labor into the American job market. The H-1B visa program is the nation's largest temporary work visa program, with over 600,000 workers across 50,000 employers. However, obtaining an H-1B visa remains challenging due to high demand. According to data from US Citizenship and Immigration Services, the 2024 H-1B visa lottery saw applications rise to a record-breaking 780,000. Using recent data from the US Office of Foreign Labor Certification, Business Insider put together this ranking of the top H-1B startup employers between October 1, 2022, and September 30, 2023.

Persons: USCIS, Jason Finkelman, Finkelman Organizations: Business, Citizenship, Immigration Services, White, Information, Regulatory Affairs, of Foreign Labor Locations: Hyderabad, Beijing

☆ Israel’s far-right wants to move Palestinians out of Gaza. Its ideas are gaining attention
▼ + stars: | 2024-01-17 | by ( Mick Krever | Jomana Karadsheh | ) edition.cnn.com time to read: +13 min

CNN —The Israeli soldiers stand rifles in hand, arm over shoulder, speaking to the camera. “We must promote a solution to encourage the emigration of the residents of Gaza,” far-right National Security Minister Itamar Ben-Gvir said on January 1. Far-right Finance Minister Bezalel Smotrich, who also holds a position in the Defense Ministry, says that Israel “will rule there. If Palestinians in Gaza are “post-Jihad, pro-Israel, and want to live that good life in that beautiful soil, there should be an opportunity for that,” he said. That color was adopted in 2004 and 2005 by the movement protesting Israel’s disengagement from Gaza.

Persons: Benjamin Netanyahu, Yoav Gallant, “, Itamar Ben, Gvir, Bezalel Smotrich, Israel “, Antony Blinken, Dahlia Scheindlin, Itamar Ben Gvir, restoking, Netanyahu, ” Scheindlin, Diana Buttu, Netanyahu’s, ”, Ariel Sharon’s, Katif, Yishai Fleisher, ” Fleisher, we’ve, Fleisher, –, Jordan, ” Israel, Gush Katif, Hanan Ben Ari serenaded, Ben Gvir, Gila, Mahmoud Abbas, ” Omer Bartov, Buttu, ” Netanyahu, ” Tzvi, Melech, Ben Gvir’s Organizations: CNN, Hamas, Palestinian Authority, Gaza . Social Media, ”, Likud, National, Defense Ministry, United, Haaretz, Israeli, National Security, Settler, West Bank, “, Israel, Norwegian Refugee Council, United Nations, International Court of Justice, Israel Defense Forces, Gush, Social Media, Oregon State University, City University of New, Brown University, Smotrich’s, Ben Gvir’s Jewish Power Party Locations: Israel, Gaza, Hamas, Ramallah, Authority, ”, United States, Palestinian, Qatar, “, Hebron, Turkey, South America, South Africa, The Hague, Jerusalem, Gush, Israeli, Nova Beach, City University of New York, Israel’s

PHILADELPHIA (AP) — Police have opened a vandalism investigation into the spray-painting of a swastika on a wall adjacent to a Holocaust memorial in Philadelphia over the weekend. Authorities say the symbol, measuring about two feet by two feet and scrawled with green spray-paint, was reported Sunday on the wall adjacent to the Horowitz-Wasserman Holocaust Memorial Plaza next to the Ben Franklin Parkway a few blocks away from City Hall. Eszter Kutas, executive director of the Philadelphia Holocaust Remembrance Foundation which manages the memorial, said news of the vandalism was “very, very upsetting, but not shocking for our community.”Seeing rising antisemitism anywhere was very concerning, “but to have a hate symbol at a Holocaust memorial plaza is especially upsetting,” she told WCAU-TV. Political Cartoons View All 253 ImagesThe memorial, perhaps the oldest public Holocaust monument in the United States, was commissioned in the 1950s by Holocaust survivors and other Jewish community members. The monument was erected in 1964 and the site was redesigned in 2018 with new educational installations and artifacts added.

Persons: Horowitz, Ben Franklin, Eszter Kutas, ” Organizations: PHILADELPHIA, — Police, Authorities, Wasserman, City Hall, Philadelphia Holocaust, WCAU Locations: Philadelphia, United States

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