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A new logo (and merchandising) for the resort brand Lilly Pulitzer aims to be both timely, and timeless. Pictured above, a Lilly Pulitzer store in Sarasota, Florida. But it maintains firm roots in Palm Beach. “Nothing is more rooted in a resort Americana aesthetic than Lilly Pulitzer,” said Robert Burke, chief executive of retail consultancy Robert Burke Associates. This year, in addition to the Badgley Mischka collaboration, it rolled out a team-up with Natalie’s Juice, selling bottles of orange juice featuring a custom Lilly Pulitzer sticker.
Persons: Lilly Pulitzer, , Lilly, Lilly Pulitzer hasn’t, Donald Trump, John Greim, , Michelle Kelly, Badgley Mischka, ” Kelly, Lilly Pulitzer’s, Nili, Pulitzer, “ Lilly, Kelly, “ It’s, Jacqueline Kennedy Onassis, Wendy Vanderbilt, Tommy Bahama, Johnny Was, Robert Burke, , Robin Kramer, Burke Organizations: The, Fashion, CNN, Target, Hill, Apple, Palm Beach, Pulitzer, Oxford Industries, Robert, Robert Burke Associates, Natalie’s Locations: New York’s, Palm Beach , Florida, Sarasota , Florida, Philadelphia, Palm Beach, Cranston , Rhode Island
Read previewHey, America, we totally understand if you're not feeling so great about the economy. This story is available exclusively to Business Insider subscribers. If you're interested in learning more about what's going on with the economy take a look at the charts below. Unemployment rates in the US have been lowThe unemployment rate did climb from 3.8% in March to 3.9% in April, but that's still low. However, just because we aren't in a recession doesn't mean the economy is perfect.
Persons: , We're, Harris, David Kelly, Eugenio Alemán, Raymond James, Gregory Daco, Kelly, Daco, Alemán, Raymond James doesn't Organizations: Service, Guardian, Business, Morgan Asset Management, Real Locations: America
JPMorgan is testing a generative AI "copilot" within its private bank, a move that is already saving advisors a couple of hours a day. AdvertisementHow Donnelly's team drives innovation in the private bankJPMorgan's private bank caters to clients with at least $10 million in assets. The unit's $974 billion in assets are managed by just over 3,500 client advisors. When the CEO of JPM's private bank tapped an advisor with little to no technical experience to lead digital product for his division, it was intentional. He didn't "want the individuals that are deciding the advisor experience and client experience not to sit amongst the front-office users," she said.
Persons: Karen Donnelly, Donnelly, Morgan Stanley, Mary Erdoes, Dan Pinto's, JPMorgan's, She's, aren't, David Frame, , Donnelly doesn't, gunning Organizations: Service, JPMorgan, Business, Advisors, ChatGPT
JPMorgan is testing a generative AI "copilot" within its private bank, a move that is already saving advisors a couple of hours a day. AdvertisementHow Donnelly's team drives innovation in the private bankJPMorgan's private bank caters to clients with at least $10 million in assets. The unit's $974 billion in assets are managed by just over 3,500 client advisors. When the CEO of JPM's private bank tapped an advisor with little to no technical experience to lead digital product for his division, it was intentional. He didn't "want the individuals that are deciding the advisor experience and client experience not to sit amongst the front-office users," she said.
Persons: Karen Donnelly, Donnelly, Morgan Stanley, Mary Erdoes, Dan Pinto's, JPMorgan's, She's, aren't, David Frame, , Donnelly doesn't, gunning Organizations: Service, JPMorgan, Business, Advisors, ChatGPT
Their firm, Stelle Lomont Rouhani Architects, quietly became known for a brand of beach modernism that sits lightly in nature, with million-dollar water views of sea grass and open skies. This East Hampton home overlooking the Three Mile Harbor is one of the creations by Stelle Lomont Rouhani Architects. This place to relax in solitude sits near one of the houses designed by Stelle Lomont Rouhani Architects. “Sometimes they got big,” said Mr. Stelle, 77, recalling one with 30,000 square feet. Ms. Rouhani, 54, said she developed the plan “to incorporate this idea of drama” casual enough for family life.
Persons: Fred Stelle, , Calvin Klein, Aerin Lauder, Michael Kors, Stelle, Viola Rouhani, Michael Lomont, Eleanor Donnelly, Stelle Lomont Rouhani, Shawn Henderson, Julie Hillman billow, Mr, Lomont, Lee Furness Jackman, , Hugh Jackman, Furness Jackman, Stelle lopped, Rouhani, Donnelly, Ms, Christie Brinkley Organizations: Hamptons, Mr, Stelle Lomont Rouhani Architects, Eastern Seaboard, Federal Emergency Management Agency, Fleetwood, LaGuardia Design Group Locations: Manhattan, Bridgehampton, Hampton, Australian, East Hampton, Plasticine
NOVA separates foods into four groups, starting with natural and minimally processed foods in the first category to ultraprocessed foods, which use industrial formulations and manufacturing techniques, in the fourth. Here are five things to know about ultraprocessed foods:Ultraprocessed foods are linked to bad health outcomesEating a lot of ultraprocessed foods isn’t healthy. We have one.”Ultraprocessed foods cause weight gainThat one randomized, controlled clinical trial showed that ultraprocessed foods actually caused people to gain weight. So, all those factors probably play a huge role in … the foods that we choose to eat in the real world.”Not all ultraprocessed foods are badSome ultraprocessed foods can provide important nutrients, such as whole wheat bread and yogurt. “Which goes to show that not all ultraprocessed foods necessarily drive this effect.”Hall’s team is conducting a new study to tease out which ultraprocessed foods are harmful and which are neutral, or even healthy.
Persons: Marion Nestle, Meg Tirrell, Paulette Goddard, Nestle, , ” Nestle, Kevin Hall, ” Hall, Tirrell, shouldn’t, you’re, we’re Organizations: CNN, University of São Paulo, NOVA, Nestle, New York University, National Institute of Diabetes, National Institutes of Health Clinical, , National Health, US Department of Agriculture, US Food and Drug Administration Locations: Brazil, Bethesda , Maryland
Read previewWalmart CEO Doug McMillon returned this weekend to his alma mater, the University of Arkansas, where he delivered the commencement address to the class of 2024. McMillon also revealed how some plans didn't work out — like being rejected from the top MBA programs — and how a mistake could have ended his career before it began. I'm wired to think more about what's coming next than the moment right in front of me. AdvertisementMy second piece of advice is to pursue a career that does not feel like work. If you're in the right place, most days, work won't even feel like work.
Persons: , Doug McMillon, McMillon, Doug McMillon's, I've, Jim Webster, Jim, Wharton, Shelly, they're, Sam Walton's, Helen, it's, you've, Benny Bridwell, Benny, Bryan Adams Organizations: Service, University of Arkansas, Business, Harvard, Stanford, Walmart Locations: Arkansas, USA, South Africa, Rogers
How Mother Figures Impact Our Lives
  + stars: | 2024-05-09 | by ( Catherine Pearson | ) www.nytimes.com   time to read: +13 min
For Mother’s Day, The Times asked readers to tell us about the mother figures in their lives. KELLY SANDOVAL, 48, SQUAMISH, B.C., CANADAI come from a multicultural background, but the Puerto Rican side of the family lived far away. When I showed up, Linda, my host mother, picked me up from the bus stop and made me tea and crumpets. If I had a nightmare and woke my mother up, she would tell me to climb into bed with Rita. During that year I also moved into my first apartment, away from the guidance of my mother.
Persons: Sara Walcott, , , Walcott, Ruth, she’d, JUDITH SHAPIRO, Halbeck, ZEVA OELBAUM, Jacqueline, ” Jacqueline, It’s, JESSICA CHAHINE, Patty, darlin, KELLY SANDOVAL, Alina, “ Fallon, FALLON ALVAREZ, Linda, We’re, BELLA MUNTZ KIRCHNER, AUSTIN , TEXAS Tenzin, CHANTAL TORTOROLI ROBERTS, Mom, idealists, ANNETTE EUFEMIO, Miss Jordan, MARJORIE GEORGE, Yoshibe, I’m, MARY HAYES, Viola, Lois, Aunt Flossy, Frankye, DOUG MOURER, MANSON, Colleen, WENDY, Greenberg, Bach, MANUEL FIGALLO, Rita, HARRIET LISS, MARY EILEEN CONNERY McDONNELL, Wilma, Ella Fitzgerald, Judy Garland, MADLYN DICKENS, Dunn, , Parkinson’s, I’ve, ” GENEVIEVE GEER, ANYA SANCHEZ, mami ”, Kitty ” —, KITTY CHACHRA Organizations: The Times, SOUTH, CANADA, Radio City Music Hall, Miss, Gloucester Cathedral, THE, The Locations: Macon , Ga, McLEAN , VA, Kansas City, Mo, New York, MONTCLAIR, N.J, France, Paris, SQUAMISH, Puerto Rican, PORTLAND, Cambridge, England, AUSTIN , TEXAS, LARCHMONT, MANILA, PHILIPPINES, BROOKLYN, N.Y, Japan, INDIANAPOLIS, Walla Walla, Wash, Northern Idaho, Swedish, Seattle, I’m, BELLINGHAM, ARLINGTON , VA, STAMFORD, CONN, GEORGETOWN, THE BRONX, MARATHON, Cava, Spain, BOULDER, COLO, India, Toronto, longhand, Delhi, WATERLOO , ONTARIO
House lawmakers criticized the National Guard over enlistment bonuses owed to more than 13,000 soldiers. AdvertisementA bipartisan group of House lawmakers is demanding answers from the Army National Guard on its plans to pay delinquent enlistment bonuses to the thousands of soldiers who are owed. A US soldier with the Oklahoma National Guard stands watch along a perimeter fence near the US Capitol in Washington, DC. US Army National Guard photo by Sgt. AdvertisementThe backlog was particularly inflamed by two 10-month outages of the Army National Guard Incentive Management System, or GIMS, which manages bonuses.
Persons: , Daniel Hokanson, Ruben Gallego, Mike Waltz, Trent Kelly, they're, Thomas Alvarez, It's, isn't, Anthony Jones, Kelly, Hanna Smith Organizations: National Guard, Service, Army National Guard, Guard's, Democrat, Florida Republican, Republican, Guard, Idaho National Guard, Operation Spartan, US, Oklahoma National Guard, US Army National Guard, National Guard Bureau, US Army, Air National Guardsmen, Civil Disturbance Unit, Capitol Police, US Air National Guard, Staff, Army National Guard Incentive Management Locations: Arizona, Florida, Mississippi, Asia, Washington , DC
The past few years have been tough for edtech companies. In recent months, multiple edtech startups have raised fresh funding rounds while specifically touting AI as a core part of their business model. These deals could signal that AI is ushering in a new era for edtech companies, and VCs who invest in the space are excited about the renaissance. And Ednition, also one of Donnelly's portfolio companies, provides an infrastructure-as-a-service platform for other edtech companies to improve the data that goes into their AI models. That's why it's so important to invest in ed-tech AI startups that help people rethink how they interact with technology and learn new skills necessary to successfully enter the workforce, he said.
Persons: PitchBook, VCs, Brian Dixon, Dixon, we've, Numerade, Kapoor, Katelyn Donnelly, she's, I've, you'll, Donnelly, Avalance, OpenAI, we're, ChatGPT, Ryan Craig, Craig, edtech Organizations: Business, Labs, Kapor, Partners, Chingona Ventures, TechCrunch, Kapoor Capital, Lirvana Labs, Odyssey Education, University Ventures, ACT Locations: VCs, edtech
A real-estate brokerage owned by Warren Buffett's Berkshire Hathaway has agreed to pay $250 million to settle a lawsuit over its commission fees, according to plaintiffs in the case. AdvertisementHome sellers had sued HomeServices of America, alleging it conspired to force sellers to pay inflated agent commissions. Related stories"As we move beyond this settlement, our focus remains steadfast on ethical operations, industry integrity, and delivering value," Kelly said. AdvertisementThe group of home sellers, in this case, had also sued other brokerages and have scored millions in settlements already. Among the payouts is a whopping $418 million from the National Association of Realtors that has shaken up the real-estate industry.
Persons: Warren Buffett's Berkshire Hathaway, HomeServices, Benjamin D, Brown, Cohen Milstein Sellers, Chris Kelly, Kelly Organizations: Warren, Business, National Association of Realtors Locations: America
Analyst Edward Kelly upgraded the discount retailer to overweight from equal weight and opened a $180 price target. Yefremov's $400 price target indicates shares can jump 31.7% from Wednesday's closing price. Analyst Andrea Teixeira downgraded the energy drink maker to neutral from overweight and cut her price target by $7 to $59. — Alex Harring 5:38 a.m.: Wall Street reacts to Meta earnings Meta Platforms disappointed investors with its weak revenue guidance , sending shares down about 13% in premarket trading. His price target of $55 implies upside of 22% over the next 12 months.
Persons: Bernstein, Wells, Edward Kelly, shrinkflation, Kelly, — Alex Harring, Sherwin, Williams, Aleksey Yefremov, Yefremov, Doug Creutz, Creutz, Judas, Goldman, bullish, Goldman Sachs, Brooke Roach, Roach, Andrea Teixeira, Alex Harring, Ford, Wells Fargo, Colin Langan, Langan, LSEG, Eric Sheridan, Brian Nowak, Morgan Stanley, Doug Anmuth, Ronald Josey, Daniel Roeska, Roeska, General Motors, Fred Imbert Organizations: CNBC, General Motors, Traders, Grand Theft, Sony, Electronic Arts, TJX, TJX Companies, JPMorgan, Monster Beverage, Ford, Ford Pro, Facebook, Meta, Citi, mojo, General, GM Locations: Wells Fargo, Thursday's, Wednesday's, Michigan
According to a trial transcript, two friends of Durrett also testified they’d heard Ezra make similar statements. Durrett didn’t implicate Ezra until months after the crime — and after he, Durrett, had been charged with the murder. And although she has been “madly in love” before, Christine said she’d never felt such pure love as she does with Ezra. But the older man said the younger man couldn’t love her because he didn’t even love himself. A few days later he told Christine about another man who needed her help.
Persons: Alexa, , , Christine, Christine Roess, Smokey Robinson, Van Morrison, he’d, Ezra, Morris Weitz, Thomas Durrett, Durrett, they’d, didn’t, ” Durrett, Ezra Bozeman’s, ” Christine Roess, she’d, ” Christine, Ezra Bozeman, Christine Roess Ezra, Dana Kelly, Kelly, Teddy Pendergrass, Edwin Hawkins, Christine Roess “ Alexa, I’ve, Team Free Ezra —, , Josh Shapiro, I’ll, Yusef Organizations: CNN, Fortune, Laurel Highlands, Team Free, Department of Corrections, Savage Locations: Philadelphia, Bozeman, Pittsburgh, Laurel Highlands, Laurel, couldn’t
So the question is, are we going to have issues if rates remain higher for longer?" But financial markets, despite a recent 5.5% selloff for the S&P 500, have largely held up amid the higher-rate landscape. Higher rates can be a good signHistory tells differing stories about the consequences of a hawkish Fed, both for markets and the economy. Higher rates are generally a good thing so long as they're associated with growth. Futures market pricing implies a fed funds rate of 4.32% by December 2025, indicating a higher rate trajectory.
Persons: Jerome Powell, Mandel Ngan, Quincy Krosby, Krosby, Paul Volcker, David Kelly, Kelly, , Goldman Sachs, Loretta Mester Organizations: Federal Reserve, Financial, Afp, Getty, LPL, Fed, Asset Management, Market, Cleveland Fed, European Union Locations: Washington , DC
CNN —Congratulations are in order for singer Ashanti and rapper Nelly. “This new year of my life is such a blessing full of love, hope, and anticipation,” Ashanti, 43, said in a statement to the publication. Ashanti attended the MTV VMA Awards around that time, where Nelly was a scheduled performer. She carried a clutch with a photo of her and Nelly from when they attended the awards ceremony together back in 2003. It wasn’t anything that was planned.”CNN has reached out to representatives for Nelly for additional comment.
Persons: Ashanti, Nelly, ” Ashanti, she’s, Tina Y, Douglas, gasps, Baby Haynes, , Cornell Iral Haynes Jr, , Rasheeda, Kirk Frost, Rasheeda ”, ” Nelly Organizations: CNN, , Cornell, MTV, Hop Atlanta
The 52-year-old American, an 11-time world champion, missed the World Surf League’s mid-season cut after losing to compatriot Griffin Colapinto – a man 27 years his junior – in the round of 32 at the Margaret River Pro. This time “feels like the end,” Slater told World Surf League Monday. Slater’s era of dominance began in 1992, when, at age 20, he became the youngest ever men’s world champion, a record he still holds. “It’s been an incredible lifetime of memories,” Slater said at Margaret River on Monday. But it’s been the best times of my life.”And though his storied surf career is coming to an end, Slater added it feels like “the start of something else, the start of the rest of life.”
Persons: CNN — Kelly Slater, compatriot Griffin Colapinto –, Margaret River, ” Slater, , Pamela Anderson, “ Kelly Slater’s, Kelly Slater, Australia Margaret, Australia Margaret River Pro, Beatriz Ryder, Slater, “ It’s, , it’s Organizations: CNN, Margaret, Surf, Australia Margaret River, Fiji Locations: Western Australia, Florida, United States, Australia
Costco's monthly sales of its gold bars and silver coins could total $200 million, Wells Fargo estimated. The gold bars — which sell out very quickly — go for about 2% over the spot price. AdvertisementCostco could be selling up to $200 million worth of its one-ounce gold bars and 25-pack silver coins every month, according to estimates from Wells Fargo. The gold bars are limited to five per Costco membership, while the coins are limited to five cases. Kelly, however, noted that the sales of gold bars and silver coins would likely be bringing "minimal profit" for Costco.
Persons: Edward Kelly, , Costco's, Richard Galanti, Kelly, Costco doesn't Organizations: Costco, Service, UPS, CNBC, Costco Citi Locations: Wells, Wells Fargo
But J&J's drug is walking away with a notable edge over its rival. They add more options to a growing arsenal of treatments that have helped improve outcomes for people with multiple myeloma. But the new approvals also give J&J's therapy, which was developed with Legend Biotech, a clear advantage over Bristol Myers's drug. J&J's drug has gradually gained ground over Abecma in the CAR-T market for multiple myeloma, even though it first entered the market a year later. With the new approval on Friday, Jefferies' Shi expects J&J's drug to win the majority of that market share.
Persons: Jonathan Raa, Johnson, Myers's, Bristol Myers, Jefferies, Kelly Shi, Shi, Carvykti, Cantor Fitzgerald, Rick Bienkowski, Kelsey Goodwin, Annika, annikakim.constantino@nbcuni.com Organizations: Nurphoto, Bristol Myers Squibb, Johnson, Food and Drug Administration, FDA, Legend Biotech, Bristol, New York Stock Exchange, NYSE, Reuters, Mount Sinai Hospital, Getty Locations: Bristol, U.S, EU, Japan, Mount Sinai, New York City
"While investors seem to be anxiously awaiting easing monetary policy, the current environment does not quite scream 'rate cuts!'" That sentiment has manifested itself lately in market pricing. That same day, the Labor Department will release the CPI report, which is expected to show the headline inflation rate rising 3.4% in March on a year-over-year basis, per Dow Jones. This is nonetheless "the right time to cut rates," wrote David Kelly, chief global strategist at JPMorgan Asset Management. "What has underpinned this market is the promise of a series of rate cuts including March, and now it has dwindled to just a few rate cuts.
Persons: Glenmede, Dow Jones, David Kelly, Kelly, Nicholas Colas, Colas, Ed Yardeni, nonfarm, Quincy Krosby, Krosby Organizations: Federal Reserve, Investors, Labor Department, Asset Management, Fed, DataTrek, Yardeni, LPL
Read previewHistory says US stocks' idyllic start to the year is sustainable, as does the chief global strategist at $2.9 trillion JPMorgan Asset Management. Advertisement"The market has momentum, and so good times beget good times," Kelly told Business Insider in a recent interview. JPMorgan Asset Management"There is a certain amount of fluff in those valuations, and I think that is somewhat dangerous," Kelly said. JPMorgan Asset ManagementOutside equities, Kelly said investors should consider adding exposure to alternative assets like real estate and transportation. "The overall buffet table of investment opportunities is being expanded, even for individual investors," Kelly said.
Persons: , David Kelly, Kelly, David Rosenberg, Jon Wolfenbarger, Rosenberg, Kelly doesn't, it's, Kelly didn't Organizations: Service, Asset Management, Business, JPMorgan Asset Management, Bulls, Apple, JPMorgan, Management, Companies, Nikkei, P Transportation, Trust Nasdaq Transportation Locations: Truist, Europe, United Kingdom, Japan
For a while, Kelly couldn't figure out whether there would be a recession, given how mixed signals were muddying the waters. Most economists now agree that there won't be a downturn, but one of the main explanations Kelly gave as to why may be shocking. Besides adding jobs, which tends to boost economic growth, Kelly noted that the presence of cheap workers has kept a lid on wage growth and, by extension, inflation. "But you could say that it has widened the runway for the soft landing. It's made it easier for us to achieve a soft landing."
Persons: Kelly couldn't, Kelly, , he's Organizations: Management, US Department of Homeland Security, Pew Research Center
It's true that Americans are overworked, overstressed, and generally awful at unplugging from work, two time-use researchers told Business Insider. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.
Persons: , It's, I'm, Brigid Schulte, Liana Sayer, Sayer, Sayers, Schulte, Ciara Kelly, Kelly, We're Organizations: Service, Netflix, Business, Bravo, University of Maryland's, Organization for Economic Co, Development, World Economic, US, The University of Sheffield Locations: America, France, Finland, Belgium, Italy, Germany, Spain, Japan, UK
AdvertisementDespite class differences, 95% of Americans over the age of 15 engaged in some kind of leisure activity on a typical day, according to the 2022 time-use survey. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.
Persons: , It's, I'm, Brigid Schulte, Liana Sayer, Sayer, Sayers, Schulte, Ciara Kelly, Kelly, We're Organizations: Service, Netflix, Business, Bravo, University of Maryland's, Organization for Economic Co, Development, World Economic, US, The University of Sheffield Locations: America, France, Finland, Belgium, Italy, Germany, Spain, Japan, UK
Multiple doctors told her it was internal hemorrhoids. When her son was 8 months old, she was diagnosed with stage 3 colorectal cancer. I was diagnosed with stage 3 cancer, and needed fertility treatmentsFinally, I found a doctor who took me seriously and ordered a colonoscopy. Shortly after I saw a specialist at Memorial Sloan Kettering Cancer Center who diagnosed me with stage 3 colorectal cancer. I knew I wanted more kids, but talking about fertility right after being diagnosed with cancer was overwhelming.
Persons: Kelly Spill, , Kelly, Jayce, GYN, we'd, Maya Organizations: Service, Memorial Sloan Kettering Cancer Center, Cancer Locations: California, New Jersey, East Coast
Read previewSydney Sweeney wanted to get bloody and crazy in her first scary movie, but she also made time for snacking. In a Q&A after the premiere of "Immaculate" at SXSW Film & TV Festival in Austin, Sweeney spoke about making the gory horror movie. When asked about the process of designing the habit-heavy wardrobe for the film, Sweeney revealed a behind-the-scenes detail about her costume. This story is available exclusively to Business Insider subscribers. Eventually, when Sweeney decided to make a horror movie, she knew just the one she wanted to do.
Persons: , Sydney Sweeney, Sweeney, Michael Mohan, Mohan, Andrew Lobel's, Lobel, he'd, you've Organizations: Service, snacking, SXSW, TV, Business Locations: Austin
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