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☆ Elon Musk could be what makes diehard Twitter users finally rethink their habit
▼ + stars: | 2022-11-06 | by ( Travis Clark | ) www.businessinsider.com time to read: +6 min

It also still remains to be seen whether Musk will lead to a meaningful surge in Twitter exits, or if his changes could attract more users. Even before Musk announced planned changes to the platform, some people threatened to quit Twitter over his ownership. "After some introspection, I've made the decision to focus my time and energy elsewhere and move on from Twitter," Nibel tweeted. Producer Shonda Rhimes, who joined Twitter in 2008, tweeted on Saturday, two days after Musk's acquisition was final, "Not hanging around for whatever Elon has planned. Critics have said they're worried, however, about a potential rise in misinformation on Twitter under Musk.

☆ Northerners flocked to the South for cheap homes and abundant jobs. Now some are ready to pack up and leave.
▼ + stars: | 2022-11-01 | by ( Emily Cataneo | ) www.businessinsider.com time to read: +14 min

Hauser is originally from Wisconsin and moved to North Carolina seven years ago for work. And questions over abortion rights are fueling concerns about the future of access to birth control and gender-affirming care. The North Carolina Business Council, for one, declined to comment because this is "not an area of focus" for the group. Chuck Bryan is an IT professional who moved to North Carolina from Florida five years ago. He cited Kansas' referendum to preserve abortion rights as an example of what can happen when people use their voice in politics.

☆ Wells Fargo downgrades Paramount to underweight, sees shares declining more than 30% from here
▼ + stars: | 2022-10-31 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

It's time to sell Paramount as it struggles with both its cable and streaming businesses, according to Wells Fargo. Analyst Steven Cahall downgraded shares of Paramount to underweight from equal weight, saying that his view on cable and streaming TV has worsened in the past few weeks. Shares of Paramount are down nearly 37% this year as the media company contends with cord cutting amid a broader transition to streaming. The analyst said he expects that Paramount is being traded at a premium compared to media peers such as Warner Bros. Cahall cut his price target on Paramount to $13 from $19, implying roughly more than 30% downside from Friday's closing price of $19.02.

☆ Mortgage demand from homebuyers is now nearly half what it was a year ago
▼ + stars: | 2022-10-26 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Mortgage demand fell last week to nearly half what it was a year ago, according to the Mortgage Bankers Association, as rates hit their highest level in 21 years. Mortgage applications to purchase a home dropped 2% from the prior week and were 42% lower than the same week in 2021. Mortgage rates declined slightly to start this week, but are still well over 7% after beginning the year at around 3%. ARMs offer lower rates but are considered a riskier product. Pulte Group reported a 24% cancellation rate in its latest quarterly earnings report Tuesday and said it expected an even higher rate for the next quarter.

☆ Premarket stocks: Why investors aren't going green
▼ + stars: | 2022-10-24 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

ESG funds in September saw their largest outflow of investor cash since the March 2020 recession. These ESG and responsible investing funds saw assets under management peak above $8.5 trillion in late 2021. That’s because ESG ratings agencies tend to rate companies against others within their industry, so oil and gas companies are rated separately from automotive companies. A debate over how to regulate ESG funds is also adding to the noisy picture. But the hurdles facing ESG investing show that doing so is easier said than done.

☆ Vale CEO says iron ore miner will spin-off copper, nickel unit
▼ + stars: | 2022-10-21 | by ( Macdonald Dzirutwe | ) www.reuters.com time to read: +1 min

LONDON, Oct 21 (Reuters) - The chief executive of Vale SA (VALE3.SA) said on Friday the Brazilian iron ore miner is reconsidering a near-term spin-off of its base metals business and an eventual public listing. The Brazilian miner had a longstanding plan to sell the unit that was still being considered as recently as 2021. But rather than selling all or part of it, the company is now looking to separate and ring-fence the copper and nickel unit from the iron ore business as the two have different growth prospects, Eduardo Bartolomeo said at the FT Mining Summit. There is "huge growth" in base metals, whereas iron ore is a mature business, he added. Vale, once the world's top producer of the steel ingredient, said in September that global demand for nickel should increase 44% by 2030 to 6.2 million tonnes.

☆ The top 3 workplace practices that give Gen Z employees 'the ick' — and how to avoid them
▼ + stars: | 2022-10-19 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Gen Z will account for 27% of the workforce by 2027, according to reports. By 2025, Gen Z will make up 27% of the global workforce, according to a Forbes report. Workplace expert Jenn Lim weighed in on the perceived workplace faux pas that have led Gen Z to sound off on TikTok. Lim said Gen Z workers are leading the charge to fix broken aspects of the workplace. "I think it's really of tied to how (Gen Z) values their time more in some ways.

☆ How Gen Z is rewriting dating, marriage and family plans for their 20s: 'I have so much stuff I have to worry about'
▼ + stars: | 2022-10-18 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

It's an interesting trend for today's Gen Z students who are short-term anxious but long-term confident about their work and lives, says Christine Cruzvergara, chief education strategy officer at Handshake, the job-search platform for college students. Pragmatic goals around career, self-discovery and funSome Gen Zers are trading traditional life milestone goals for ones they have more control over. Speaking as a recent grad, Jade Walters agrees that taking control of her career means de-prioritizing other life goals. The 23-year-old is a Howard University grad who in her final months of school launched the Ninth Semester, an early-career resource for Gen Z professionals. Jade Walters, 23, works a corporate job in Chicago and runs the Ninth Semester, an early-career resource for Gen Z professionals.

☆ Private jet makers tout emission-fighting efforts, backlogs at air show
▼ + stars: | 2022-10-17 | by ( Allison Lampert | ) www.reuters.com time to read: +5 min

It will also test the strength of business jet demand, which surged during COVID-19 and swelled order backlogs, but could now face a softer economy. Honeywell International Inc (HON.O) has forecast up to 8,500 new business jet deliveries worth $274 billion from 2023 to 2032, up 15% from last year's outlook. BUSY QUARTERU.S. business jet traffic recovered faster in 2021 than commercial flight traffic, soaring above 2019 levels. Independent aviation analyst Brian Foley expects private jet usage in the United States to go down to more traditional levels this fall. Despite being a sellers' market, aviation attorney Stewart Lapayowker sees some early signs of softness.

☆ Private jet makers tout emissions-fighting efforts, backlogs at air show
▼ + stars: | 2022-10-17 | by ( Allison Lampert | ) www.reuters.com time to read: +4 min

It will also test the strength of business jet demand, which surged during COVID-19 and swelled order backlogs, but could now face a softer economy. BUSY QUARTERU.S. business jet traffic recovered faster in 2021 than commercial flight traffic, soaring above 2019 levels. Independent aviation analyst Brian Foley expects private jet usage in the United States to go down to more traditional levels this fall. Despite being a sellers' market, aviation attorney Stewart Lapayowker sees some early signs of softness. Some buyers in real estate and construction, sectors hit by rising rates, are reconsidering their orders, said Lapayowker, who leads Lapayowker Jet Counsel in Florida.

☆ TikTokers are smashing the stigma of getting laid off as a recession looms and more people fear for their jobs: 'Posting it on TikTok was the best thing I could have done'
▼ + stars: | 2022-10-16 | by ( Jason Lalljee | Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

"I had suspicions a layoff would happen, but the CMO seemed very positive about building a marketing team at the company, so I didn't let my thoughts wander for long," Baird told Insider. "Getting laid off so many times has made me hesitant about taking another full-time job in the near future," she told Insider. "Posting it on TikTok was the best thing I could have done, it got me real support emotionally," she told Insider. And as businesses reiterated just how much they need workers, those workers expectations' changed, too. Nhon N., a 24-year-old recruiter who documented life after her layoff, told Insider that she's still a "struggling workaholic" who puts "too much heart" into her work.

☆ Fact Check-Reuters did not report that Nancy Pelosi bought 10 million shares in a cannabis company days before Biden’s overhaul on marijuana policy
▼ + stars: | 2022-10-13 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

The tweet cites Reuters, although no such report was published, and a spokesperson for Pelosi said that no such transaction was made. Reuters has not published an article on Nancy Pelosi and cannabis investments (here). Pelosi's latest publicly available financial disclosure report was filed on Sept. 9, nearly a month before Biden’s announcement (here). Business Insider published an article on Sept. 29, detailing all of Pelosi’s husband's stock trades since 2021 based on financial disclosure documents. Reuters was not able to independently verify any new stock purchases by Pelosi since the Sept. 9 disclosure.

☆ 'Maximize that free money first.' The best time to apply for financial aid for college is coming up
▼ + stars: | 2022-09-22 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Whether it's due to belt-tightening or the promise of federal student loan forgiveness, suddenly families are paying closer attention to financial aid for college. Of those parents with college-bound students who didn't plan on applying for federal aid, 58% have now changed their minds, according to a new report by Discover Student Loans. That's where the Free Application for Federal Student Aid comes in. "You want to maximize that free money first," such as scholarships and grants, said Sallie Mae spokesman Rick Castellano, "before you borrow." For the 2023-2024 school year, the FAFSA filing season opens on Oct. 1 — and the sooner students file, the better.

☆ Read the exclusive pitch deck that recruiting startup Joonko used to raise $25 million from top VCs including Insight Partners
▼ + stars: | 2022-09-13 | by ( Jessica Xing | ) www.businessinsider.com time to read: +3 min

Read the pitch deck Joonko used to raise a $25 million Series B led by Insight Partners. Joonko, a human-resources tech startup in Israel, just raised a $25 million Series B funding round led by the venture-capital heavyweight Insight Partners. Backing its mission with business metrics like annual recurring revenue and a growing client base won over those investors, CEO Ilit Raz told Insider. It raised a $10 million Series A round last year at a $89 million valuation, according to PitchBook. Read the pitch deck that Joonko used to raise its $25 million Series B:

☆ What it's like working for lawmakers whose golden years are clouded by power struggles, rumors of senility, and constant second-guessing
▼ + stars: | 2022-09-13 | by ( Warren Rojas | ) www.businessinsider.com time to read: +25 min

Doug Heye, a Republican strategist, told Insider that some political maneuvering is more tactical. Emanuel, now the US's ambassador to Japan, didn't refute that the exchange took place but told Insider he didn't remember it. It serves the institution," the former GOP aide told Insider, adding that seasoned dealmakers are preferable to partisan bomb-throwers "with some agenda that they're driving." Paul Morigi/Getty ImagesWhite, now the executive director of the Mississippi Department of Transportation, told Insider his boss always had the final word. 'Preserving their dignity'Convincing career lawmakers to hang it up before they tarnish their respective legacies is tricky business, a veteran GOP leadership aide told Insider.

☆ Why companies like Amazon, Walmart, and Target are letting customers keep some returns, even after issuing refunds
▼ + stars: | 2021-11-30 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +4 min

Major retailers are offering a surprising new option to customers for some returns: just keep it. Walmart, Target, and Amazon are some of the major retailers offering so-called returnless refunds. Amazon is one of several major retailers issuing refunds for products customers don't want without requiring they send the items back. "There's a customer service angle and there's an economics angle," Smith told Insider. So it's not much of a surprise that major retailers are reconsidering that expense.

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Although Cheryl Lock had a cash-back credit card, she wanted a card that earns travel rewards. After trying and considering other cards, she made her choice: the Chase Sapphire Preferred® Card. Read Insider's guide to the best travel rewards credit cards. So I did a little research and settled on the Chase Sapphire Preferred® Card.

It's a signal of a shift in credit cards with fintech companies disrupting traditional rewards. Read Insider's guide to the best rewards credit cards. Beginning in the third quarter of this year, Unifimoney will offer the Unifi Premier, a credit card that allows the company's customers to invest their rewards in bitcoin, stocks, and gold. Throughout his career, he believes that most credit cards have too much if-this, then-that language that our minds don't bother to process. Credit card issuers have the resources and experiences to beat anyone at a portfolio level."

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