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This story is available exclusively to Business Insider subscribers. According to Erewhon's website, the store's founders Michio and Aveline Kushi opened the first location in Los Angeles in 1968 after they moved from Boston. They were inspired by the macrobiotic diet, which, as Business Insider has described, "emphasizes whole grains, soy, and vegetables." AdvertisementUntil 2014, there was just one Erewhon location near The Grove, an outdoor mall. That year, a second location opened in Calabasas.
Persons: , you've, Hailey Bieber, Jake Gyllenhaal, Miley Cyrus, Michio, Aveline Kushi, it's Organizations: Service, Business Locations: Angeles, Los Angeles, Boston, The Grove, Calabasas, East Coast, Venice
The people of Suffolk County, Long Island, need to start considering it. Like most of the suburbs surrounding New York City, Suffolk County is suffering from a major shortage of homes. In December, New York Governor Kathy Hochul announced she'll send $59 million to Long Island to deal with water contamination and sewer upgrades. “The governor has said she wants to see more housing on Long Island. Last year, Long Island public officials led the charge against Gov.
Persons: , Hunter Gross, , ” Gross, Long, Suffolk County’s, Ed Romaine, Kathy Hochul, you’ve, , Joe, Edmund Smyth, ” Smyth, ” Long, Kathy Hochul’s, who’ve, boomers, can’t, that's, Ian Wilder, Nathan Cummings, ” Cummings, Cummings Organizations: Service, Hamptons, Business, Newsday, Republican, ” Long Islanders, Gov, New, Housing Services, Yale Law Locations: Suffolk County, Long, New York City, Huntington, Suffolk, New York, Huntington , Suffolk County, Levittown, Black, Old Lyme , Connecticut
Jack Dorsey was at the Super Bowl. He wore a t-shirt that says "Satoshi," emblazoned in the style of a Nirvana t-shirt. And we saw Jack Dorsey in a t-shirt that's making waves on X, formerly known as Twitter. That's because Dorsey can be seen sporting a black t-shirt that says "Satoshi" in yellow lettering. AdvertisementJUST IN: Jack Dorsey spotted wearing a Satoshi #Bitcoin shirt at the #SuperBowl 🏈 pic.twitter.com/oDUySC5p7X — Bitcoin Magazine (@BitcoinMagazine) February 12, 2024Two things to note here:Satoshi Nakamoto is said to be the inventor of bitcoin.
Persons: Jack Dorsey, Satoshi, , It's, Tim Cook, Taylor Swift, Dorsey —, Beyonce, Jay, Dorsey, miley, ike Organizations: Super, Service, Twitter
LOS ANGELES (AP) — Las Vegas will be flooded with so many pre- Super Bowl events that Shaquille O'Neal lowered the prices to his popular carnival-themed “ Shaq's Fun House. “Las Vegas isn't ready for the show we're about to bring,” Big Boi said. The stars of the CBS show “The Neighborhood” will host the Super Bowl Soulful Celebration at the Palms Casino Resort on Wednesday night. MALUMA & SIRIUSXMColombian superstar Maluma will take his vibrant Latin music vibes into Las Vegas with the help of SiriusXM. ___More on the Super Bowl: https://apnews.com/hub/super-bowl
Persons: Shaquille O'Neal, O'Neal, We're, , He'll, Lil Wayne, Diplo, DJ Diesel, Rob Gronkowski, Michael Rubin, Beyoncé, Jay, Leonardo DiCaprio, Jennifer Lopez, Ben Affleck, Kendall Jenner, Rubin, Travis Scott, Meek, Lil Baby, Fabolous, Ludacris, Laroi, Mike, OutKast, Big Boi, Kevin Hart, Deon Cole, D.L, Desi Banks, Aida Rodriguez, Cedric, Tichina Arnold, Mary Mary, Kirk Franklin, Robin Thicke, Tully Banta, Cain, Bryan Scott, Arnold, , Nate Burleson, , DJ Afrojack, Gronkowski, BILLY IDOL, Billy Idol, Idol, he's stoked, Maluma, He's, Don Juan ”, “ COCO LOCO ”, David Guetta, Jack Harlow, Wynn, Zach Bryan, Tiësto, LIV, Savage, Guy Fieri, Leigh Steinberg Organizations: ANGELES, NBA, Fun, Wynn, Sports Illustrated's, Hamptons, Cosmopolitan, MADDEN, EA Sports, Madden, of, Madden NFL, Theatre, CBS, NFL, Super, Sunday, Location's, Touchdown Club, SIRIUSXM, Virgin Hotels, Pandora, Las, GQ, Nomad Library Locations: Las Vegas, Sin City, Encore, Atlanta, Hughley, Palms, British, Allegiant, Vegas, Fontainebleau
Ina Garten doesn't just love Beatty's Chocolate Cake. She said it's "the most fabulous chocolate cake that I've ever made." Garten learned of Beatty's Chocolate Cake from a good friend. "He actually served this cake to me once at dinner and I just begged him for the recipe," Garten said on an episode featuring the cake. Monte Mathews, a friend of Grimm's, shared the story behind the famous cake on his blog Chewing The Fat.
Persons: Ina Garten, Garten, Peter Kramer, Michael Grimm, Beatty, Monte Mathews, Grimm's, Mathews Organizations: NBC, Hamptons Locations: Pennsylvania
Once again, Chipotle is staffing up ahead of " burrito season ." And once again, the people are asking: "What the hell is burrito season?" Burrito season, the company says, represents its busiest time of the year. When I asked a spokesperson for Chipotle to shed some light on the mysteries of burrito season, her answer was both straightforward and perplexing. But after confirming the existence of burrito season, I was still left with two big questions.
Persons: Chipotle, chow, , Kyle Murray, Justin Seitzler, Seitzler, Emily Stewart Organizations: Cinco de Mayo, CFRA Research, Bureau of Labor Statistics, University of Alberta, Hamptons, Business Locations: Cinco, burritos, Chipotle, El, New York
A Hamptons estate that once listed for $150 million before falling into bankruptcy was sold at auction Wednesday for $88.5 million. The four-acre estate in Southampton, New York, known as La Dune, was sold by Concierge Auctions at a starting bid of $66 million. The property was sold in two parts — one house sold for $40.5 million and the other for $38.5 million. The buyer premium brings the total sale to $88.5 million. It was most recently listed in 2022 at $150 million.
Persons: Woody Allen Organizations: Hamptons Locations: Southampton , New York
Hamptons mansion on auction block
  + stars: | 2024-01-24 | by ( Robert Frank | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHamptons mansion on auction blockCNBC's Robert Frank joins 'Squawk Box' with the latest news from the auction market.
Persons: Robert Frank
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementEven students who have gone megaviral for acceptance videos showing they got into multiple Ivy League schools called social media a major stressor. Schools are rethinking their admissions processes amid a glut of applicantsAn exponential increase in applications has benefited schools financially and reputationally. "A lot of these schools are making so much money from these application fees, which are $80, $90," Rim said. AdvertisementAnd as the game gets more and more competitive year after year, students know they must rise to untold challenges.
Persons: , Christopher Rim, Rim, It's, Steve Gardner, Gardner, Grant Tucker, Grant Tucker Gardner, Olivia Zhang, Zhang, Kyungyong Lim, Tucker, Tucker's, Oliva Zhang, they've, Lim, who's, it's, " Tucker Organizations: Service, Command, New York City, Hamptons, Rim, Business, Ivy League, New York University, Northeastern, Babson, NYU, MIT, Yale, Facebook, Harvard, Duke, Cancer, Olympic, . News Locations: Asia, Christopher, New, yesteryear, Georgetown, Harvard merch, Jacksonville , Florida
Wall Street is notorious for its long hours and stressful lifestyle, particularly at the junior level, where grunt work abounds. They'd work hard and play hard, with an enviable social life like in all the Wall Street movies she'd seen. But Wall Street workers say that the nature of finance — the office politics and uniquely competitive cohort — can create a work culture that exacerbates feelings of loneliness. Some of the loneliness comes from this — it's all new, it feels bad, it's scary, and they don't feel like they can talk to anyone. But that doesn't mean people working on Wall Street can't do anything to mitigate their loneliness.
Persons: Madison, They'd, She'd, we'd, Cigna, it's, Wharton, Abbey, Denise Shull, Michael Sloyer, Goldman Sachs, Bumble BFF, Bumble, She's, , Shull, I've, doesn't, They're, Sam Glazer, It's, Glazer, who's, There's, Goldman Organizations: Hamptons, Business, Wall, Ivy League, Madison, Harvard, NYU, Fifth Avenue Psychiatry Locations: New York City, Madison, Wharton, Yale, Upbuild, New York
Goldman Sachs boss David Solomon told the Financial Times that DJing was still his "passion." His gigs at music festivals sparked internal unrest at the Wall Street bank. "But if my doing it publicly in any way is distracting to Goldman Sachs, my number one focus is Goldman Sachs," he added. Solomon's decision to stop came amid increasing discontent at the Wall Street giant over a number of issues, including his high-profile gigs. Goldman Sachs declined to comment when contacted by Insider.
Persons: Goldman Sachs, David Solomon, , Goldman, It's, Solomon, DJ'ing Organizations: Financial Times, Service, Hamptons, New York Times, Wall
In contrast to California, the most expensive ZIP code for North Dakota is found in Fargo, where median-priced homes are relatively affordable, costing $439,900. Upscale vacation destinations and exclusive coastal towns dominate the most expensive ZIP codes for many U.S. states. Median-priced homes in these ZIP codes cost more than $4 million. In more rural states like Alaska, Iowa, Nebraska and West Virginia, homes in the most expensive ZIP codes cost less than $1 million. Below are the most expensive ZIP codes in all 50 states and Washington, D.C., listed in alphabetical order.
Organizations: Bel Air, U.S, Hamptons, D.C Locations: Los Angeles, California, North Dakota, Fargo, Bel, Water, , New York, Telluride , Colorado, Wilson , Wyoming, Jackson, Alaska , Iowa , Nebraska, West Virginia, U.S, Washington
Santos easily survived an expulsion vote earlier this month as lawmakers in both parties stressed the need to allow due process, as Santos is also facing nearly two dozen charges in federal court. The Ethics Committee referred its findings to the Justice Department, serving up new evidence that could potentially play into the federal charges against Santos. Several other members of the Ethics panel have also come out in favor of expulsion now that the investigation is complete. The Ethics panel appointed to investigate Santos met nine times over the course of its investigation, interviewed more than 40 witnesses and authorized 37 subpoenas. The panel also described Santos as uncooperative with their investigation, declining to voluntarily testify or provide a statement under oath.
Persons: George Santos, Santos, Michael Guest, Santos ’ Organizations: WASHINGTON, Justice Department, Santos, Hamptons, Federal, Commission, Republican Party Locations: Atlantic City, Queens, Long
Mr. Zaslav, who took over Warner Bros. But the tumultuous personnel changes at CNN under Mr. Zaslav’s leadership make clear that a Zaslav friendship, no matter how deep or longstanding, has its limits. Jeff Zucker, replaced as CNN’s chief executive by Mr. Licht, frequently described himself as Mr. Zaslav’s best friend. Don Lemon, the longtime host, socialized with Mr. Zaslav in New York and the Hamptons. CNN ousted Mr.
Persons: Chris Licht, David Zaslav, Zaslav, Zaslav’s, Jeff Zucker, . Licht, Don Lemon, Lemon Organizations: CNN, Warner Bros, Discovery, Hamptons Locations: New York
These are the 10 most expensive ZIP codes in the U.S.
  + stars: | 2023-10-31 | by ( Mike Winters | ) www.cnbc.com   time to read: +1 min
The vast majority of the wealthiest Americans live in California and New York, residing in ZIP codes where homes typically cost around $2 million or more, a new study reveals. Of the 100 most expensive ZIP codes to own a home in the U.S., 61 are in California and 18 are in New York, according to an analysis by online realtor RealtyHop. The median listing price for a home in the 10 most expensive ZIP codes is $4 million or more. For the fourth straight year, Atherton, California, is the most expensive ZIP code in the U.S. to own a home, the study says. Below are the 10 most expensive ZIP codes in the U.S., ranked by median home listing prices:
Persons: RealtyHop, That's Organizations: Near Stanford University, Hamptons Locations: California, New York, U.S, Connecticut, Florida , Massachusetts, New Jersey, Atherton , California, Silicon Valley, Beverly Hills, Los Angeles, , New York
Abercrombie and Fitch is in the midst of a major comeback, but the retailer is still being haunted by the alleged sins of former chief executive Mike Jeffries. The company was sued Friday for turning a blind eye to Jeffries' alleged misconduct, court records show. He's accused of running a sprawling sex trafficking ring that exploited young men hoping to become models for the brand. It comes just weeks after the BBC published an investigation into Jeffries and Abercrombie that made similar accusations. Following the event, Bradberry was flown to Nice, France, where he was again forced to perform sex acts on Jeffries, the suit states.
Persons: Abercrombie, Fitch, Mike Jeffries, Jeffries, He's, who's, Brian Bieber, didn't, Mr, Bieber, David Bradberry, Bradberry, Michael Jeffries, lightheaded, Andrews, Leslie Wexner, Fran Horowitz, Wall Organizations: BBC, CNBC, Hamptons, Alcott Locations: Manhattan, Nice, France
She works at Calissa, a Greek restaurant with a no-tip model where she earns a living wage. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Dara Abrams, a server at Calissa in the Hamptons. Now, I work at Calissa, a Greek fine-dining restaurant in Water Mill, Southampton, as a senior server, a captain, and a bartender. Calissa reached out and asked my husband, who's a chef, and me to interview together because we're year-round Hamptons residents, and they wanted to transition Calissa from a seasonal restaurant to a year-round restaurant. Some customers still tipOccasionally, customers still tip even though the restaurant lists the administration fee on the menus, the website, and the checks.
Persons: Dara Abrams, , waitressing, Bobby Van's, Calissa, who's, It's, they're, appetizers, I'd, I've, what's Organizations: Hamptons, Service, Management Locations: Calissa, Italy, Water Mill, Southampton
Morgan Stanley CEO James Gorman plans to retire by May 2024, leaving big shoes to fill. AdvertisementAdvertisementSuccession has traditionally been a bloody sport on Wall Street with the losers leaving and taking their lieutenants with them. Morgan Stanley CEO James Gorman, who plans to retire by May 2024, wants the buck the trend so the bank can hold onto all three candidates. "Wall Street has had a history of that not happening," said Gorman in a July earnings call. With Morgan Stanley at the top of its game, breaking up this well-oiled team could be disastrous.
Persons: Morgan Stanley, James Gorman, Ted Pick, Andy Saperstein, Dan Simkowitz, , Gorman, Morgan, Ted, He's, Tony James, Morgan Stanley's, Pick, Simkowitz, Dodd, Frank, Fannie Mae, Freddie Mac, Dan, Andy Saperstein Saperstein, Merrill Lynch, Bloomberg, Hayley Cuccinello Organizations: Service, Archegos Capital Management, Washington , D.C, Federal Reserve, Treasury, General Motors, AIG, Citigroup, McKinsey, Staten, Disney, Hamptons Locations: Washington ,, hcuccinello@insider.com
The Botched Hunt for the Gilgo Beach Killer
  + stars: | 2023-10-19 | by ( Robert Kolker | ) www.nytimes.com   time to read: +3 min
This summer, after 13 years, the police finally made an arrest in the Gilgo Beach murders. When I was reporting “Lost Girls,” my 2013 book about the case and victims, the police were largely silent. Since July, I’ve conducted interviews with people close to the Gilgo case during every chapter of its bizarre 13-year timeline. (Several sources asked for anonymity, concerned that public statements by insiders might undercut the case against Heuermann before the trial.) From the moment those women were found at Gilgo Beach, the law-enforcement culture of Suffolk County seemed so preternaturally ill suited to handle this case that a killer was allowed to roam free.
Persons: Gilbert, Rex Heuermann, Heuermann, I’ve, , curdled Organizations: Heuermann, Hamptons Locations: Manhattan, Massapequa, Long, Gilgo, Suffolk County, Brentwood, Wyandanch, Central Islip, It’s
Goldman Sachs CEO David Solomon famously had a side hustle as a DJ. Sources told the FT Solomon decided to stop playing at high-profile gigs because of criticism and media attention. AdvertisementAdvertisementUnder the stage name of DJ D-Sol, Solomon has released remixed tracks through his Instagram account and Spotify. AdvertisementAdvertisementAfter becoming CEO, Solomon's DJ side gig drew criticism for blurring the lines between his hobby and his job as Goldman's top executive. Goldman employees were also asked to lend a hand in Solomon's side hustle, with members of the communications department weighing in on press releases announcing Solomon's music and the company's social media team liaising with Solomon's music label, Insider reported in 2022.
Persons: Goldman Sachs, David Solomon, FT Solomon, , David Solomon's, Kate Kelly, Solomon, Insider's Dakin Campbell, DJ, Goldman Organizations: FT, Service, New York Times, Financial Times, Hamptons
Goldman Sachs chief executive (and noted party DJ) David Solomon will no longer perform at high-profile events, picking Wall Street over South Beach, a representative from the second-largest investment bank confirmed to CNN. Solomon, who performed under the alias DJ D-Sol, began spinning tracks at festivals and in night clubs a few years ago. “David [Solomon] doesn’t work to play diplomat,” Jeffrey Sonnenfeld, who runs Yale School of Management’s Chief Executive Leadership Institute, recently told CNN. And while shares of Goldman Sachs (GS) may be down by more than 8.4% this year, they’re still up by about 40% since he took over in 2018. Goldman Sachs announced third-quarter results on Tuesday morning, reporting earnings of $5.47 per share, which beat the $5.31 expected by analysts.
Persons: Goldman Sachs, David Solomon, “ David, , Goldman, Tony Fratto, Solomon, DJ, ” Solomon, Doja, Andrew Cuomo, it’s, Marcus, ” Jeffrey Sonnenfeld, they’re, Organizations: New, New York CNN, CNN, New York State Department of Health, Financial, Yale School of Management’s, Leadership Institute, Revenue Locations: New York, South Beach, Dua Lipa
Mike Jeffries faces allegations that he exploited men at sex events, per a BBC investigation. Abercrombie & Fitch said it was "appalled and disgusted" by these allegations. AdvertisementAdvertisementThe former boss of fashion giant Abercrombie & Fitch has been accused of exploiting men for sex. Abercrombie & Fitch told the BBC that it was "appalled and disgusted" by the alleged behavior of its former CEO. Abercrombie & Fitch did not immediately respond to a request for comment from Insider, made outside normal working hours.
Persons: Mike Jeffries, Fitch, , Matthew Smith, James Jacobson, Jeffries, Abercrombie & Fitch, Jacobson, Smith, David Bradberry, Barrett Pall, Brad Edwards, Abercrombie Organizations: BBC, Abercrombie, Service, Hamptons, Fitch
London CNN —London’s office market has plunged into a “rental recession,” with the share of empty space hitting its highest level in three decades, investment bank Jefferies said in a note Wednesday. Packing upOn Monday, British Land said Meta had agreed to pay £149 million ($181 million) to break its lease on a 310,000-square-foot office near London’s Regent’s Park. More bankers are reportedly leaving the area as UBS (UBS) begins relocating staff working for Credit Suisse to its main London office in the City. Regulators have been watching the commercial real estate market closely for any sign that spiraling vacancy rates and falling rents could become the source of the next financial crisis. The downturn in office rentals stands in stark contrast to London’s residential rental market where demand is high and supply chronically low.
Persons: London CNN —, Jefferies, Michael Prew, Meta, Clifford Chance, Banks Organizations: London CNN, The, City of, Jefferies, CNN, Derwent London, , HSBC, UBS, Credit Suisse, City . Credit Suisse, Regulators, Investment, Hamptons Locations: The New York, City, City of London, London, Canary Wharf, London’s, Canary
London CNN —In May, Viveca Chow hurriedly transferred $3,700 over her phone while standing in the lobby of a building in Queens, New York. Average rents in New York and Sydney grew by an inflation-busting 4.7% and 6.9% respectively in the year to August, according to real estate firm Knight Frank. While growth in rental costs in both cities has slowed compared with its pandemic peaks, average rents are still at all-time highs. The Manhattan skyline reflected on the East River Ferry near the Queens borough of New York CIty in August 2022. Lifestyle influencer Viveca Chow feels lucky to have found a rent-stabilized apartment in New York City.
Persons: Viveca Chow, Chow, Knight Frank, Ismail Ferdous, Realtor.com, SpareRoom, Barnaby Scudds, “ I’m, , Andy Raim, Matt Hutchinson, ” Hutchinson, Liam Bailey, , Sadiq Khan, Nikodem Szumilo, ” Szumilo, Szumilo, Viveca, ” Chow, you’re Organizations: London CNN —, CNN, Bloomberg, Getty, Hamptons, Office, National Statistics, Bartlett Real Estate Institute, University College London Locations: Queens , New York, New York, Sydney, Manhattan, Queens, London, United Kingdom, Bartlett, Tokyo, New York City, That’s
Dave McCormick, Republican U.S. Senate candidate from Pennsylvania , greets supporters during a campaign event with Sen. Ted Cruz, R-Texas, at Lehigh Valley Sporting Clays in Coplay, Pa., on Tuesday, January 25, 2022. The last time McCormick ran for Senate, his chief rival in the Republican primary was TV host Dr. Mehment Oz. Christian Ferry, who previously worked for Republican Sen. Lindsey Graham and late GOP Sen. John McCain, said, "Every cycle these totals continue to go up." McCormick has reportedly been promised the support of the Senate Leadership Fund, a super PAC aligned with Republican Senate Minority Leader Mitch McConnell of Kentucky. Burch paid approximately $16 million for the estate, according to Newsday.
Persons: Dave McCormick, Sen, Ted Cruz, Dave McCormick's, Tory Burch, McCormick, Goldman Sachs, Lloyd Blankfein, Steven Mnuchin, Gary Cohn, David Solomon, Bob Steel, Perella Weinberg, Mnuchin, Donald Trump, Cohn, Bob Casey, Paul Singer, Steve Schwarzman, Burch, Mnuchin Cohn, Singer, Schwarzman, Steel, Dave, agains Casey, Dina Powell McCormick, Dina, Democrat John Fetterman, Mehment Oz, OpenSecrets . Oz, Donald Trump . Oz, Casey, Oz, Alex Conant, Republican Sen, Marco Rubio, It's, Lindsey Graham, GOP Sen, John McCain, Mitch McConnell of Organizations: Republican U.S, Lehigh Valley, U.S, Senate, Bridgewater Associates, Democratic, Elliot Investment Management, Blackstone, CNBC, Steel, NBC News, Associated Press, McCormick, Keystone, Bush, Treasury, Pennsylvania Senate, Democrat, Republican, GOP, PAC, Bridgewater, Pennsylvania Democratic Party, Fund, Prosperity, that's, Koch Industries, Hamptons, Newsday Locations: Republican, Pennsylvania, Texas, Coplay, Pa, Connecticut, Pittsburgh, Trump, OpenSecrets ., Mitch McConnell of Kentucky, Southampton, Long, , New York, Palm Beach
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