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☆ This LA mansion is staring down an April 1 deadline before the seller loses millions
▼ + stars: | 2023-03-24 | by ( Ray Parisi | ) www.cnbc.com time to read: +8 min

EstateLuxShootTrying to unload an expensive mansion in the midst of a banking crisis with the LA real estate market softening and uncertainty looming large isn't exactly great timing. Feinberg, like all luxury mansion sellers in LA, is also contending with the new mansion tax approved by voters in November. Yann IppolitoFor homes priced between $5 million and $10 million, sellers will have to pay the city 4% of the total sale price. According to his calculations, all of those sellers combined would have racked up a mansion tax bill of almost $131 million. "When New York implemented the mansion tax in 2019, there was a surge in closings just short of the July 1 start date and a void of sales in the following months," he said.

Most carmakers said their battery packs are repairable, though few seem willing to share access to battery data. Lauterwasser said access to EV battery data is part of that fight. EV battery problems also expose a hole in the green "circular economy" touted by carmakers. Hill estimated at least 95% of the cells in the hundreds of EV battery packs - and thousands of hybrid battery packs - Synetiq has stored at Doncaster are undamaged and should be reused. 'PAIN POINTS'The British government is funding research into EV insurance "pain points" led by Thatcham, Synetiq and insurer LV=.

☆ Ritz-Carlton's new luxury cruise ship will sail in 2024 starting at $6,800 per person — see inside the 456-guest 'yacht'
▼ + stars: | 2023-03-19 | by ( Brittany Chang | ) www.businessinsider.com time to read: 1 min

The luxury cruise market has been "off the charts," UBS analysts said in a note in October 2022. As for the Ritz cruise line itself, it's operated by the same Ritz-Carlton that operates the hotel chain, which is owned by Marriott. The outdoor infinity pool deck will have two two hot tubs. The Ritz-Carlton Yacht CollectionSource: Insider

[1/2] A backyard pool is left hanging on a cliffside after torrential rain brought havoc on the beachfront town of San Clemente, California, U.S. March 16, 2023. REUTERS/Mike BlakeSAN CLEMENTE, California, March 16 (Reuters) - As heavy rains soaked into already sodden ground in California, mudslides in the beachfront community of San Clemente forced evacuations of blufftop homes this week and in one case left a swimming pool dangling partway off the cliff edge. This week, the 11th atmospheric river of the season dumped more torrential rain, causing power outages and risking flooding from the already saturated soils and swollen streams. Although the rain had finally tapered off in the area by Thursday, forecasters have warned that another storm could be incoming next week. Reporting by Mike Blake, Writing by Rosalba O'Brien Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.

☆ Themed cruises are more popular than ever and it's leading to ships selling out in record time
▼ + stars: | 2023-03-16 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

Norwegian Cruise Line's themed cruises have been selling out in record time and Holland America plans to grow its partnership with charter companies. The passionate fans help cruise lines fill up ships and are some of the most loyal in the industry. Will ByingtonThese repeat bookings are music to the cruise lines' ears — it's a mutually beneficial operation for both the themed cruise production companies and the cruise lines themselves. To pull off these festivals at sea, themed cruise providers charter full ships from various cruise lines. "I think the themed cruise industry is going to grow even faster [than the general cruise industry]," Hearing said.

☆ Fact Check-Screenshot of Tim Pool talking about ‘woke’ agenda on Fox News is digitally altered
▼ + stars: | 2023-03-03 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Tim Pool, host of the “Timcast IRL” podcast, appeared on a Fox News broadcast in 2021 to speak about events and narratives surrounding the COVID pandemic. Users on social media have been sharing a digitally altered screenshot from the broadcast with a digitally added news ticker. A Fox News spokesperson told Reuters via email that “this never aired.”Pool’s face also appears enlarged in the screenshot shared online. Tim Pool did not immediately respond to a Reuters request for comment. A Fox News spokesperson said it never aired a segment on Tim Pool saying that the ‘woke’ agenda ended his sex life.

☆ The most expensive home in the Caribbean just listed for $200 million – take a look inside
▼ + stars: | 2023-02-19 | by ( Ray Parisi | ) www.cnbc.com time to read: +6 min

It's located on the small private island of Mustique, which lies in the southern Caribbean nation of St. Vincent and the Grenadines. Last year, Mustique's largest transaction was recorded at about $35 million, according to de Mallet Morgan. Here's a closer look at the most expensive home to ever hit the market in the Caribbean. The Bali Cottages house four more guest bedrooms and surround the estate's third swimming pool. De Mallet Morgan said the estate is currently operated by 18 staff.

☆ I'm a general manager on a $450 million cruise ship. I'm on duty 24 hours a day, but it's worth it to travel the world in a floating 5-star hotel.
▼ + stars: | 2023-01-26 | by ( Claire Turrell | ) www.businessinsider.com time to read: +6 min

He is now the general manager for the $450 million Regent Seven Seas Explorer. Now I'm the general manager on the $450 million Regent Seven Seas Explorer. The Regent Seven Seas Explorer is called "the world's most luxurious" by the cruise line. I worked on MSC Cruises for four years until I became the food-and-beverage director for Regent Seven Seas in 2014. In December 2021, I was promoted to general manager for Regent Seven Seas Explorer.

☆ I'm a general manager on a $450-million cruise ship. I'm on duty 24 hours but it's worth it to travel the world in a floating 5-star hotel.
▼ + stars: | 2023-01-26 | by ( Claire Turrell | ) www.businessinsider.com time to read: +6 min

He is now the general manager for the $450-million Regent Seven Seas Explorer. Now I'm the general manager on the $450-million Regent Seven Seas Explorer. Courtesy of Six Star CruisesThe first time I joined a cruise ship crew was in Los Angeles in May 1997. I worked on MSC Cruises for four years until I became food and beverage director for Regent Seven Seas in 2014. In December 2021, I was promoted to general manager for Regent Seven Seas Explorer.

☆ Arsenal have history on side in title race with City
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +3 min

The victory, clinched by Eddie Nketiah's stoppage-time strike, saw Arsenal become only the fifth team in Premier League history to hit 50 points from their first 19 games. Only Liverpool in 2018-19 failed to take the title after hitting 51 points from 19 matches, being edged by Manchester City after squandering a seven-point lead. Arsenal have a smaller advantage over City than Liverpool did, leading Pep Guardiola's side by five points, and they have played one game fewer. They've still got to play Manchester City twice and they've got them on their shoulders," he said. "They're a massive powerhouse, Manchester City and Pep Guardiola.

Deutsche Bank declined to comment. The person did not give details of the size of the overall bonus pool for the whole of Deutsche Bank, which also includes retail, corporate and asset management divisions. Deutche's investment bank is expected to report 3.7 billion euros in pretax profit for 2022, roughly flat versus 2021, based on a consensus forecast of analysts. Reuters GraphicsDeutsche has been heavily reliant on its volatile investment bank for its return to profitability, but is hoping to depend instead on more stable businesses that serve companies and retail customers. The Financial Times first reported the Deutsche investment bank bonus decline.

☆ Swim teacher in Georgia charged after 4-year-old drowns in deep end of pool during swim lesson
▼ + stars: | 2023-01-08 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Officials charged a swim teacher with misdemeanor involuntary manslaughter after a student drowned. Israel "Izzy" Scott, 4, was found in the deep end of a backyard pool, according to reports. Tenhuisen was giving swimming lessons to 10 children in a backyard pool in Hephzibah, Georgia, when the incident occurred, according to a police report People obtained. At some point near the end of the lesson, Scott made his way to the deep end of the pool without Tenhuisen's knowledge, a July release from the Burke County Sheriff's Office reads. According to Dori Scott, parents weren't allowed at Tenhuisen's swim lessons, local news reported in July.

☆ Inside the largest mansion for sale in Malibu, going for $58.8 million
▼ + stars: | 2022-12-19 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

watch nowThis $58,808,000 mansion overlooking the Pacific Ocean is one of the largest homes for sale in Malibu. The hot neighborhood's top sale closed in October commanding just over $2,500 per square foot, according to public records, way above average for Malibu. After completing the Kaizen House, he listed it in March for $74.8 million — or more than $4,500 a square foot. Here's a look around the $58.8 million Kaizen House:The home's dramatic entrance delivers fire, water, and intricately carved Belgian bluestone walls Simon BerlynHalliday infused the mansion with Indonesian influences that are evident even before stepping inside. Simon BerlynPrimary suite Simon BerlynThe home's upper level includes six ensuite bedrooms, each with its own terrace.

☆ Banks’ buyout-debt machine defies quick jumpstart
▼ + stars: | 2022-12-08 | by ( Neil Unmack | ) www.reuters.com time to read: +4 min

Asset managers like Blackstone (BX.N) or Axa (AXAF.PA) pick the underlying loans, while investment banks underwrite the CLO securities and place them with credit investors. Many of the bonds that come out the other side get an ultra-safe AAA credit rating. The combination of higher funding costs and slower private-equity dealmaking has pushed sales of European CLO securities down 67% year-on-year, according to JPMorgan analysts. So, for example, 70% of the whole portfolio would have to default, with the creditors recovering just half of their money, before AAA tranches see a loss. That means banks’ biggest CLO risk is an even sharper slowdown, not a blowup.

Through trial and error, I learned to keep track of my spending and gained valuable experience with money. I still use these lessons today to monitor my spending, keep a budget, and compare prices for the best deals. A $5 bill gave me practical experience with money every dayI used problem-solving skills to make sure my sister and I had enough money for food and beverages without going over our budget. When we asked our mom for more money, she reminded us to use our money more thoughtfully next time. My mother's lessons continue to help me be an informed consumerMy mother's lessons with the $5 bill remain with me today.

Some right-wing media figures and influencers have doubled down on the use of inflammatory rhetoric against the LGBTQ community in the wake of Saturday night’s shooting at a Colorado gay club that killed five. “We shouldn’t tolerate pedophiles grooming kids,” Pool tweeted. At least one Republican politician also targeted LGBTQ people on social media in the wake of the shooting. Ellis said leaders in the LGBTQ community have “seen a dramatic uptick” in anti-LGBTQ rhetoric. “This is priming some very violent people to do shocking acts of violence, and this is all being pushed on social media and on Fox News, on Tucker Carlson.”

☆ MacKenzie Scott says she has given $2 billion to 343 organizations supporting underserved communities in the last 7 months, raising her total to at least $14.5 billion since she pledged to give away m
▼ + stars: | 2022-11-15 | by ( Isabella Zavarise | ) www.businessinsider.com time to read: +2 min

Billionaire philanthropist MacKenzie Scott gave nearly $2 billion to 343 organizations since 2019. In the last 7 months, Scott gave money to organizations supporting people from underserved communities. With this addition, she has now given away $14.5 billion of her fortune since signing the Giving Pledge. In a blog post on Monday, Scott said in the last seven months, she gave nearly $2 billion to 343 organizations supporting people from underserved communities. Since signing the pledge, Scott has become one of the leading philanthropists in the US.

☆ Mackenzie Scott announces another $2 billion in donations
▼ + stars: | 2022-11-14 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN Business —Billionaire philanthropist Mackenzie Scott has donated almost $2 billion to more than 300 organizations in the last 7 months, she said in a Medium post Monday. Since her divorce from Bezos, Forbes estimates Scott has now given away $14.4 billion to more than 1,500 organizations. And though Bezos did not specify his donations, he said would devote most of his wealth toward combating climate change and unifying humanity. Last month, Girl Scouts of the USA said it received its largest ever single individual donation from Scott, totaling $84.5 million. Scott noted many of the 343 organizations she donated to are funds, meaning they “pool donations and spread them across a diverse group of smaller organizations working toward a common cause.”

Reese Brown on a travel nurse assignment in New Jersey in May 2020. The short-lived travel nurse boom was a temporary fix for a long-term decline in the profession that predates the pandemic. In the 1980s and the 1990s, travel nurses were often covering for staff nurses who were on maternity leave, meaning that 13-week contracts become common. By 2021, travel nurses were earning an average of $124.96 an hour, according to the research firm — three times the hourly rate of staff nurses, according to federal statistics. Courtesy Pamela Esmond“The reality is they don’t pay staff nurses enough, and if they would pay staff nurses enough, we wouldn’t have this problem,” she said.

☆ Zhou Jihong: She apologized for verbally abusing an Olympic judge, but questions over the conduct of China's 'Iron Lady' of diving remain
▼ + stars: | 2022-05-11 | by ( George Ramsay | ) edition.cnn.com time to read: +13 min

That was after Zhou, who has been dubbed the “Iron Lady” of Chinese diving, allegedly launched a verbal tirade at Wright at the 10m platform event’s conclusion for underscoring Chinese divers. In a diving event, judges on the panel award each dive a score ranging from zero to 10. Lintao Zhang/Getty ImagesAccording to Latimer, Zhou has “substantial input” when it comes to deciding which judges are chosen to officiate at competitions. From FINAAllegations against Zhou, Latimer says, have been slow to emerge due to her influential status within the sport. The “Iron Lady” of Chinese diving, Zhou became the country’s first ever Olympic gold medalist in the sport in 1984.

☆ Luxury resort quarantines — Gen Z's 'old money' aesthetic — Infinity-pool shortage
▼ + stars: | 2021-10-08 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +3 min

The wealthy have figured out a way to bypass the United States' travel ban: by quarantining at luxury resorts in the Caribbean and Mexico. The CWGen Z and millennials are bringing back an "old money" aesthetic — think country clubs, dinner parties, polo, and yachts. On Wednesdays she has "CEO days," where she focuses on the big picture — business planning and creating ideas. Courtesy of Neave GroupThere's a luxury pool shortage. We spoke to seven luxury pool designers, who described the unprecedented demand.

☆ I stayed at luxury treehouse resorts in 4 different states. My favorite perk was the outdoor hot tubs — here's what they were like
▼ + stars: | 2021-08-22 | by ( Jessica Kelly | ) www.businessinsider.com time to read: +5 min

She says amenities like steam showers and outdoor hot tubs made each treehouse modern and cozy. Recently, I've stayed at four treehouse resorts in four different states. The Mohicans Treehouse Resort in Glenmont, OhioEl Castillo at The Mohicans Treehouse Resort in Glenmont, Ohio. After an evening of wine and movies, a hot steamy outdoor shower while hearing the crickets chirping felt fantastic. Hidden Pond Resort & Tree Spa in Kennebunkport, MaineHidden Pond Resort & Tree Spa in Kennebunkport, Maine.

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