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☆ How Larry Page's flying-car company of the future turned into a stunning failure
▼ + stars: | 2023-04-18 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Although I'm currently pretty homesick and jet lagged, I'm blessed with "the life-changing magic of working from home." One worker told my colleague Rebecca Knight how remote work transformed her life and how returning to the office has killed company morale. The stunning failure of Google founder Larry Page's flying-car company. In April 2022, company morale plummeted when it axed one of its most promising projects, those former insiders say. The company put together a thorough document to help managers navigate pay-related conversations with employees, and Insider got a look.

☆ Many people need their laptops for working from home, play, and everything in between. Here's how to find the right deal for you.
▼ + stars: | 2023-04-18 | by ( Sponsor Post | Created Insider Studios With Dell Technologies | ) www.businessinsider.com time to read: +5 min

Many consumers and business owners need laptops that can serve their home and work needs. Instead, we need to find the right balance, as we often need our devices to pull double or even triple duty: carrying out work, home use, and gaming. The Alienware m15 R7 Gaming Laptop boasts extra thin dual fans that ensure the laptop won't overheat, smooth and vivid graphics, and immersive sound. For gamers who want less of the frills, but the same thrills that Alienware promises, look to Dell's G Series gaming laptops. The G15 Gaming Laptop offers smooth graphics, speedy loading times, and a Game Shift mode that boosts its fan speed with the push of a few buttons.

☆ China’s GDP beat looks a tad too reassuring
▼ + stars: | 2023-04-18 | by ( Pete Sweeney | Thomson Reuters | Asia Economics Editor Pete Sweeney Joined Reuters Breakingviews In Hong Kong In September Previously He Served As Reuters' Chief Correspondent For China Economy | ) www.reuters.com time to read: +3 min

The risk is the shopping recovery gets bifurcated between luxury purchases and basic needs, leaving out big-ticket middle-class items. Meanwhile, Chinese savers added another 10 trillion yuan ($1.4 trillion) to their household deposits in the first quarter, reinforcing concerns that they will keep hoarding instead of splurging. Bank loans hit an all-time high of 10.6 trillion yuan in the first quarter, yet that did not appear to translate into private investment in fixed assets, which is barely growing. In a speech in March, Cai Fang, a member of the central bank’s monetary policy committee, suggested transferring 4 trillion yuan directly to households to compensate for weak income growth. If the first quarter’s print turns out to be misleadingly rosy, China’s reopening boom could quiet down quickly.

☆ J&J's 2025 drug sales forecast should not be tripping up investors. There's so much else like
▼ + stars: | 2023-04-18 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Johnson & Johnson (JNJ) before-the-bell Tuesday reported a strong first quarter, with sales up more than 5.5% and earnings eking out an annual increase. We're leaning toward the second reason: Management's 2025 Pharmaceutical sales target because J & J's results would have exceeded estimates even without strong vaccine sales. On the post-earning call, management said they see Pharmaceutical sales in 2025 closer to $57 billion than the $60 billion forecast two years ago. While we understand the Street's desire to dig into the 2025 Pharmaceutical sales dynamic, we believe weakness in the stock represents a buying opportunity. That's thanks to increased prices and strong consumer demand, the combination of which speaks to the pricing power of the Johnson & Johnson, soon-to-be Kenvue, brand.

☆ Print-on-demand sellers who make 6 figures a year share 7 strategies for standing out on Etsy — and getting a store started with low up-front costs
▼ + stars: | 2023-04-18 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +9 min

Insider spoke with three Etsy sellers who've made six figures on the platform in a year with print-on-demand products. Take inspiration from other sellers' designs — but don't copy themChristina Umerez, 27, made 324,839 Canadian dollars, or about $241,015, from her Etsy store last year. Umerez said she used eRank, a platform that helps Etsy sellers find "low-competition, high-search" keywords related to topics. Dobosenski found mock-up images of models that matched the style she wanted from other Etsy sellers. Umerez used EverBee, a market-research browser extension that showed her all the tags other sellers used and how many searches each tag got.

☆ If you need more time for your tax return, do this today or 'miss the opportunity,' pro warns
▼ + stars: | 2023-04-18 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Getty ImagesThe federal tax deadline for most Americans is April 18, and there's still time to file for an extension. How to file a federal tax extensionThere are several ways to file a federal tax extension if you can't make the April 18 deadline. You can file Form 4868 electronically via IRS Free File, which provides free guided tax prep software. If you file Form 4868, it's very clear that you know exactly what you're doing. "If you file Form 4868, it's very clear that you know exactly what you're doing," said John Loyd, a CFP and owner at The Wealth Planner in Fort Worth, Texas.

☆ Do I Need Rental Car Insurance?
▼ + stars: | 2023-04-17 | by ( ) www.wsj.com time to read: +10 min

By Ben LuthiWhen you rent a car, the most stressful decision just might be whether to accept the rental car insurance. Rental car insurance can provide short-term coverage if you need to rent a vehicle on vacation or while your car is in the shop. Types of rental car insuranceCar rental companies offer four different types of car rental insurance coverage, most of which may already be covered by your personal auto policy. However, note that liability protection and insurance for personal injuries or belongings are not included in credit card rental car insurance. When do you need rental car insurance?

☆ Pelosi campaign pays Illinois man $7,500 after he sued over 'invasive and harassing' fundraising texts
▼ + stars: | 2023-04-17 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

An Illinois man sued Nancy Pelosi's campaign for more than $31,500 over unwanted fundraising texts. And according to federal campaign finance disclosures made public on Friday, the dismissal came after Rojas received a $7,500 payment marked "Settlement" from Pelosi's congressional campaign. Rojas and Pelosi's campaign did not immediately respond to Insider's request for comment. A fundraising text that Rojas received from Pelosi, according to the lawsuit. Screenshot/Rojas v. Nancy Pelosi for Congress et alA full copy of the lawsuit can be found below:

☆ Here are Monday's biggest analyst calls: Tesla, Netflix, Zoom, Biogen, Okta, Amazon, HP Inc. & more
▼ + stars: | 2023-04-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

JPMorgan upgrades HP Inc. to overweight from neutral JPMorgan said in its upgrade of HP Inc . that it sees "resilient revenue and margins." JPMorgan upgrades Ollie's to neutral from underweight JPMorgan said it has more confidence in management's same-store sales guide. JPMorgan downgrades Dell to neutral from overweight JPMorgan said in its downgrade of Dell that HP Inc. is better positioned right now. JPMorgan reiterates Amazon as overweight JPMorgan said it came away "incrementally positive" from Amazon's investor letter last week. JMP downgrades Penn to market perform from market outperform JMP downgraded the stock mainly on valuation.

☆ Pressing 'Print Screen' on your keyboard may do something different if you have Windows 11
▼ + stars: | 2023-04-17 | by ( Will Gendron | ) www.businessinsider.com time to read: +2 min

The Print Screen button on Windows computers has been associated with screen capture for decades. A new beta version of Windows 11 now opens the Snipping Tool when the Print Screen button is used. A new Microsoft Windows 11 update marks the end of an era: Using the Print Screen (PrtScn) button will no longer capture one's entire screen. Screenshots taken using the Snipping Tool will be saved to the Screenshot folder and copied to the clipboard. Accordingly, other methods of screen capture, such as the Snipping Tool, that allowed users to capture only portions of their screens.

Analyst Samik Chatterjee upgraded HP shares to overweight from neutral. "We are looking to turn a corner in relation to the headwinds that have plagued the PC end-market," Chatterjee wrote in a note Monday. He added that structural margin improvement in the printer segment should help HPQ offset some of the downward pressures from easing supply. The analyst admitted that HP still faces long-term challenges in its printer segment. Shares have jumped almost 11% in 2023 amid a rally in tech shares, after slumping almost 29% in 2022.

☆ Inside the Rise and Fall of Kittyhawk, Larry Page's Failed Flying Car Company
▼ + stars: | 2023-04-16 | by ( Hugh Langley | Rob Price | ) www.businessinsider.com time to read: +22 min

Killing off projects had become something of a tradition at Kittyhawk, the secretive flying-car startup launched by the Google cofounder Larry Page. Larry Page has used his Google money to found a series of flying car companies with one common goal: "to free the world of traffic." "When Bloomberg did their original exposé, that's when urban air mobility became a thing," a former Kittyhawk employee recalled. Everyone thought: If Larry Page is in this space, there must be something here." Interpreting "Larry-isms" or "learning to speak Larry" were essential skills for any Kittyhawk employee who wanted to retain their sanity.

☆ Maye Musk said being awarded an honorary doctorate is the 'best thing that's ever happened to me'
▼ + stars: | 2023-04-16 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Elon Musk congratulated his mother after she was awarded an honorary doctorate. Maye Musk received the honor in dietetics from the University of the Free State in South Africa. Elon Musk congratulated his mother after she was honored by the University of the Free State in South Africa for her contribution to nutrition research. "This was so unexpected," Maye Musk said after receiving an honorary doctorate in dietetics. Maye Musk didn't immediately respond to a request for comment from Insider.

There are too many things that matter to me that travel insurance surprisingly doesn't cover. Cancellation coverage is limitedThe first few times I purchased travel insurance, I didn't read the fine print. I travel so much that it gets expensiveAs someone who takes up to a dozen trips every year, getting travel insurance per trip adds up. The average cost of travel insurance is anywhere between 4% to 8% of the cost of your trip. Most travel insurance policies won't let you make those changes unless there's an emergency.

Bill Clark | CQ-Roll Call Group | Getty ImagesAn embarrassing leak of highly classified Pentagon documents has endangered intelligence methods, exposed American strategy and undermined trust among U.S. allies, former defense department officials and intelligence experts tell CNBC. America's control over its most valuable secrets has been thrust into question amid the fallout from the most damaging intelligence leak since Edward Snowden's breach more than a decade ago. 'Devastating' for American alliesThe major security breach also contained intelligence gathering on American allies, including South Korea and Israel. "Our allies can't trust us … That's why the Middle East, they're talking to the Chinese. one American defense industry executive told CNBC, speaking anonymously due to professional restrictions.

☆ Treasury yields hold steady as investors digest inflation data, await bank earnings
▼ + stars: | 2023-04-14 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Yields and prices have an inverted relationship and one basis point equals 0.01%. ET, the 10-year Treasury was trading at 3.443% after falling by less than one basis point. The 2-year Treasury yield was last down by less than one basis point to 3.9707%. U.S. Treasury yields were little changed on Friday as investors assessed the latest economic data, which indicated that inflationary pressures could be easing, and braced themselves for earnings season. As the data suggested that inflation is easing, many investors now believe the Fed could pause interest rate hikes sooner.

☆ 19 Unique Gifts for Women Who Have Everything
▼ + stars: | 2023-04-14 | by ( ) www.wsj.com time to read: +10 min

“There’s something a little decadent about wearing a matching cashmere set when you’re traveling by plane, for example,” Deyette notes. Note: The earrings can also be purchased as singles if you or your recipient like to mix and match. Constructed of 100% Australian sheepskin upper and footbed, they feel incredibly luxe and confer the benefit of breathable, moisture-wicking materials. “I love lighting this candle when I take a bath or just want to relax with a good book,” she says. It comes with a 72-ounce pitcher and an ice-crushing blade, as well as two single-serve blender cups for beverages on the go.

☆ PNC seems 'expensive' heading into the print, says KBW's David Konrad
▼ + stars: | 2023-04-14 | by ( Hugh Son | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPNC seems 'expensive' heading into the print, says KBW's David KonradCNBC's Hugh Son and Dom Chu with David Konrad, KBW large cap bank analyst, joins 'The Exchange' to discuss banks.

☆ Australia's robust March employment suggests RBA may hike again
▼ + stars: | 2023-04-13 | by ( Stella Qiu | ) www.reuters.com time to read: +3 min

REUTERS/Steven Saphore/File PhotoSummary Strong employment, jobless near 50-year lows keep RBA on alertFull-time employment surges, positive for household incomeData suggests strong Q1 inflation, see RBA hike again -analystSYDNEY, April 13 (Reuters) - Australia employment blew past expectations for a second month in March while the jobless rate held near 50-year lows, an unambiguously strong report that suggests the central bank's tightening campaign may not be over yet. Figures from the Australian Bureau of Statistics showed on Thursday net employment rose 53,000 in March from February, when they rebounded by a steep but slightly downwardly revised 63,600. The jobless rate stayed at 3.5%, when analysts had looked for a nudge up to 3.6%. Full-time employment surged by 72,200, after a hefty increase of 74,900 the previous month, an encouraging sign for household income. Reporting by Stella Qiu and Wayne Cole; Editing by Muralikumar Anantharaman and Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

☆ I make $7,000 a month writing children’s books and teaching others how to self-publish. Here’s how I got started.
▼ + stars: | 2023-04-13 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +8 min

Ren Lowe is an author, the CEO of Brown Unicorn Publishing, and a self-publishing coach. While on maternity leave in 2021, I wrote seven children's books with my daughter, Kameryn, which was the start of my self-publishing business. I started my sister company, Brown Unicorn Publishing, in October 2021, which offers "done for you" publishing services that range in price from $3,000 to $4,500, and my monthly income increased. From November 2021 through August, I earned a little more than $30,000 from the publishing services alone. In my first children's book, the illustrator created the images in the wrong sizing dimensions, and I panicked.

LLANO, Texas, April 13 (Reuters) - A rural Texas county's public libraries will remain open while a court battle continues over whether local officials can remove books deemed inappropriate, commissioners decided on Thursday. "Does Llano, Texas, want to be known as the town that closed the public library?" No state bans more books than Texas, according to PEN America. "Public libraries are not meant to serve particular ideological factions," said Kasey Meehan, who directs the "Freedom to Read" project of PEN America. Reporting by Evan Garcia in Llano, Texas, and Brad Brooks in Lubbock, Texas; editing by Donna Bryson and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

☆ 'Costco will give you exactly what you know you didn't need': a customer says the retailer's bakery botched his cake decoration
▼ + stars: | 2023-04-13 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Stephen Walker says he was getting the cake for his daughter's 3rd birthday, but it didn't go as planned. "Costco will give you exactly what you know you didn't need," Walker captioned the post, which has gained nearly 2,000 comments. According to Today.com, Walker ended up keeping the cake since he was "in a time crunch" and planned to add a cake topper to the dessert anyway. "That'll just be the cake topper, and I'll just take a picture every year. So it's like, a picture of a picture of a picture, like 'Inception.'"

Washington CNN —The Pentagon has begun to limit who across the government receives its highly classified daily intelligence briefs following a major leak of classified information discovered last week. All the email lists have been reviewed, a senior defense official said, and some restrictions may only be temporary. Everyone on the lists had proper clearance, but not everyone needs to receive that information daily, the official added. Previously, slides from the Joint Staff briefing deck could be accessed by hundreds, if not thousands, of people across the government, officials said. “Having to scale that distribution back, even temporarily, is a bitter pill,” said the source familiar with internal joint staff deliberations.

☆ Oil rises 2% on lower-than-expected US inflation data
▼ + stars: | 2023-04-12 | by ( Arathy Somasekhar | ) www.reuters.com time to read: +4 min

Prices rose about 2% on Tuesday. The CPI rose 6% year-on-year in February. Markets shrugged off a small build in U.S. crude oil stocks, attributing it in part to a congressionally mandated release of oil from the U.S. emergency reserve and lower exports at the start of the month. Meanwhile, the global oil market could see tightness in the second half of 2023, which would push oil prices higher, said Fatih Birol, executive director of the International Energy Agency. In a negative for oil demand, the International Monetary Fund on Tuesday trimmed its 2023 global growth outlook, citing the impact of higher interest rates.

☆ Oil edges up as market awaits key US inflation data
▼ + stars: | 2023-04-12 | by ( Muyu Xu | ) www.reuters.com time to read: +2 min

April 12 (Reuters) - Oil prices edged up on Wednesday as the market waited for U.S. inflation data later in the day that will likely influence the Federal Reserve's policy on future interest rate hikes. The U.S. consumer price index is expected to show March core inflation rose 0.4% on a monthly basis (USCPF=ECI) and 5.6% year-on-year (USCPFY=ECI), according to a Reuters poll of economists. In another negative for oil demand, the International Monetary Fund on Tuesday trimmed its 2023 global growth outlook, citing the impact of higher interest rates. In addition to the inflation data, the market is waiting for more clarity on oil demand and supply with monthly reports from the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency due on Thursday and Friday respectively. The U.S. Energy Information Administration on Tuesday cut its forecast for oil production by OPEC countries by 0.5 million barrels-per-day for the rest of 2023 and cut its 2023 world oil demand growth forecast by 40,000 bpd.

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