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☆ How anyone can get a cut of the $1.2T vacation rental market with reAlpha
▼ + stars: | 2022-11-10 | by ( Sponsor Post | Created Realpha With Insider Studios | ) www.businessinsider.com time to read: +9 min

And anyone can invest as they disrupt the $1.2 trillion short-term rental market. Now reAlpha is doing it for the $1.2 trillion short-term rental industry — and the timing couldn't be better. Why reAlpha targets the vacation rental marketreAlpha is targeting the vacation rental market because it's outperforming the rest of the real estate sector, and isn't slowing down. reAlpha makes short-term rental investing easyWhile many aspiring property investors are looking to get in on the $1.2 trillion short-term rental market, they're faced with roadblock after roadblock. Not only is reAlpha targeting the fast-growing vacation rental market, but they're using AI to take the opportunity to the next level.

☆ Phillips 66 is cutting 1,100 jobs — and returning billions of dollars to shareholders
▼ + stars: | 2022-11-09 | by ( Matt Egan | ) edition.cnn.com time to read: +1 min

Phillips 66 spokesperson Bernardo Fallas said the smaller workforce was driven by a combination of attrition and eliminated positions. “Phillips 66 is undergoing a company-wide effort to optimize its cost structure and reimagine its operating model to enable sustainable savings,” the spokesperson said. Houston-based Phillips 66 said the cost-cutting moves, along with other steps, will give the company more financial firepower to boost stock buybacks and dividends. Phillips 66 said it plans to return an additional $10 billion to $12 billion to shareholders between mid-2022 and the end of 2024. “We are announcing a number of priorities designed to reward shareholders,” Phillips 66 CEO Mark Lashier said in a statement.

☆ High rates and inflation are here to stay, says PwC's real estate practice leader. Here's what it means for major metro areas, and why cities will need to be completely reimagined in the next great ho
▼ + stars: | 2022-11-07 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +4 min

High inflation and interest rates are here to stay in 2023, said PwC's Byron Carlock. To the dismay of real estate investors everywhere, Byron Carlock says that higher interest rates are here to stay for 2023. And while housing input prices and the costs of raw materials have begun to moderate, he doesn't believe that these can completely offset the ongoing increase in interest rates. But there's also a few obstacles in the way of reimagining entire cities, Carlock. "Cities are going to have to step up their game with respect to zoning and entitlement processes," he added.

☆ Elon Musk Is Forming Circle of Advisers as He Reimagines Twitter
▼ + stars: | 2022-10-31 | by ( Alexa Corse | Sarah E. Needleman | ) www.wsj.com time to read: 1 min

At least dozens of people were added to an internal Twitter directory after Mr. Musk officially took ownership of the social media company. Elon Musk is quickly setting to work a group of advisers, investors and employees from elsewhere in his business empire to help him reimagine Twitter Inc. in his first days as its new owner. The group is working on a range of initiatives to try to bolster the platform’s user experience and revenue, according to people involved in the effort, while Mr. Musk continued to publicly float potential changes in a series of tweets.

☆ After leading $20 billion Figma deal, Adobe's David Wadhwani is in prime spot to be next CEO
▼ + stars: | 2022-10-31 | by ( Jordan Novet | ) www.cnbc.com time to read: +15 min

The business Wadhwani oversees is roughly three times the size as Chakravarthy's in terms of revenue. For Wadhwani, Figma represents a risky bet on growth at a time when Wall Street is telling tech companies to tighten their belts and preserve cash. The make-or-break betIn his 15-year tenure as CEO, Narayen hasn't been shy about dealmaking, just at a smaller size. And it might be Wadhwani's make-or-break opportunity to prove he should be CEO of the fourth-biggest U.S. business software company by market cap. Shantanu Narayen, CEO, Adobe Mark Neuling | CNBCThe revenue became more predictable and less closely associated with product releases.

☆ The 4 'essential' relationships that helped this 32-year-old grow her business to bring in 7 figures
▼ + stars: | 2022-10-26 | by ( Ashton Jackson | ) www.cnbc.com time to read: +5 min

Running a successful business is hard – and building a successful business as a Black woman is even harder. Black women are the fastest growing group of entrepreneurs in the U.S., according to JP Morgan, yet they face disproportionate financial barriers. However, Black women founders only average $24,000 in profits. According to Williams, these are the four essential relationships every business owner should have to "scale their impact." I have a trifecta of successful [women] business owners and we meet weekly sharing resources with each other," Williams shares.

☆ Digital-health veteran Halle Tecco said she'd never start another healthcare company. Then she launched a startup to reimagine how egg donors get paid.
▼ + stars: | 2022-10-24 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Halle Tecco is a "one-woman venture studio" as a cofounder of the fertility startup Cofertility. Halle Tecco got the idea for Cofertility after she left Rock Health, the digital-health venture-capital firm she cofounded in 2016. But egg freezing wasn't nearly as popular then, she said, so she instead founded the fertility startup Natalist in 2018. How Cofertility worksAt launch, Tecco said Cofertility had completed screening for more than 50 donors and that nearly 1,000 donors had started the application process. 'One-woman venture studio'From the beginning of Cofertility, Tecco said she was intentional about wanting to lead the business' ideation and development, not its day-to-day operations.

☆ Walmart overhauls its intimates and sleepwear line to keep pace in a competitive market
▼ + stars: | 2022-10-24 | by ( Melissa Repko | ) www.cnbc.com time to read: +3 min

Walmart has rolled out Joyspun, a new intimates and sleepwear line. Walmart is overhauling one of its most popular apparel lines — its top intimates and sleepwear brand. Secret Treasures, Walmart's largest intimates and sleepwear line, drove $1 billion in sales last fiscal year — one of the retailer's 13 private brands of general merchandise to do so. Yet the intimates and sleepwear space has gotten more competitive, especially during the pandemic as people worked remotely and spent more time at home. Joyspun is also hitting Walmart's stores and websites ahead of the holiday season.

☆ Apple is even more of a bank now — if you have an Apple Card
▼ + stars: | 2022-10-13 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +2 min

The company announced Apple Card users could automatically deposit cash-back rewards into a high-yield savings account. On Thursday, Apple announced it would start allowing Apple Card users to automatically deposit Daily Cash, which is what Apple calls its cash-back rewards program, into a high-yield savings account from Goldman Sachs. "Savings enables Apple Card users to grow their Daily Cash rewards over time, while also saving for the future," said Apple executive Jennifer Bailey in a statement announcing the savings product. The big tech company first announced its credit card with Goldman Sachs in March 2019, advertising it as "created by Apple, not a bank," despite Goldman Sachs, a bank, reportedly spending about $300 million on the card's development. As of the latest estimates from 2021, 6.4 million people use Apple's card, a significantly smaller number than credit card giants Mastercard and Visa.

☆ Hilton to design astronaut suites, facilities for Voyager's private space station Starlab
▼ + stars: | 2022-09-19 | by ( Michael Sheetz | ) www.cnbc.com time to read: +3 min

PARIS — Hotel giant Hilton has signed on to design astronaut facilities for the private space station Starlab, currently under development by Voyager Space Holdings and Lockheed Martin, the companies told CNBC on Monday. In addition to designing hospitality suites and sleeping arrangements, Hilton will also work with Voyager to examine opportunities for marketing of the space station and astronaut experiences onboard. Voyager and its operating company Nanoracks are developing the free-flying Starlab space station in partnership with Lockheed Martin. The space station is one of four being built by U.S. companies with help from NASA contracts as the agency prepares to retire the International Space Station (ISS) in 2030. The first Starlab is built to be as flexible as possible — with the design capable of having three modules attached together.

☆ 'Atlanta,' 'P-Valley' and other shows giving Black South its due
▼ + stars: | 2022-09-18 | by ( Leah Asmelash | ) edition.cnn.com time to read: +9 min

And artists like Beyoncé and Megan Thee Stallion have incorporated Southern Black aesthetics into their fashion and music videos. “We’re now seeing some of the vividness and vibrancy that has always been a part of the South,” Durham said. But in these shows, the South and its characters refuse the bumpkin stereotypes and embrace all the aspects of the South. “There are whole ways in which we are having to reimagine Blackness in the South,” Durham said. “We’re actually invited to see what the experiences are of the people who produce the culture,” Durham said.

☆ New Orleans battled mass incarceration. Then came the backlash over violent crime.
▼ + stars: | 2022-07-06 | by ( Jamiles Lartey | The Marshall Project | Jamiles Lartey Is A New Orleans-Based Staff Writer For The Marshall Project. | ) www.nbcnews.com time to read: +9 min

candidates before him, he appealed to a kind of economy of justice: that spending less time on minor crimes, and on things that shouldn’t be crimes, would give prosecutors more time and resources to tackle violent crime. Reflecting on his first 17 months in office, Williams made sure to mention a slew of recent convictions in nearly the same breath as his efforts toward reform. He recognizes that violent crime is up, and that his office is responsible for addressing it. Williams’ office argued Mitchell had been unfairly denied a chance at parole. The Metropolitan Crime Commission, a nonprofit that publishes weekly city crime data and has been critical of Williams, found that in 2021, 74% of violent felony cases were resolved this way.

☆ How the leader of a 20-person change management firm gave all their employees a 30-day paid sabbatical
▼ + stars: | 2022-03-22 | by ( Catherine Henderson | ) www.businessinsider.com time to read: +4 min

This year, they introduced a month-long sabbatical for all employees to rest and reflect. Mack is a Black, nonbinary, queer, trilingual organizer based in Chicago, and they founded MMG, a research and change management firm that currently has 20 employees, most of whom are Black. This year, they launched a 30-day paid sabbatical for all 20 employees at MMG and permanently made the company's full-time workweek 30 hours. After the success of the sabbatical, MMG has committed to continuing the program again in 2022. In previous interviews with Insider, Mack spoke to their cutting-edge work during the pandemic.

☆ Q4 is the most profitable time of year for many business owners. Here are 4 ways to reinvest cash into your company to prepare for 2023.
▼ + stars: | 2021-12-22 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

"The growth stage of the business plays a significant role in how business owners reinvest their money," Jenny Shum, General Manager of Chase Ink, told Insider via email. "Small business owners have had to reimagine the way they do business over the last three years," she said. "This year, business owners are investing heavily in technology to sustain their business, cut costs, and increase efficiencies in order to mitigate ongoing economic pressures." It can also reflect what's going to be purchased and how it's going to be sent to customers, Manshoory said. MarketingMarketing is important all year, so business owners should reinvest in attracting customers, Franklin said.

And, if you're like me in another way, you're also a regular person with student loans, a little too much credit card debt, and a longing for something better. But I kept feeling like I didn't want to live to work; I wanted to work to live. By starting the Slow FIRE journey, I started living the "retirement" life I'd been dreaming about years before I hit my retirement number. Basically, I created a Slow FIRE blueprint and began making changes in order to live the life I imagined. AdvertisementThen, I took practical steps to get thereNext, I made concrete changes to live the French-style life of my dreams.

Persons: I've, —, You've, I'd, It's Organizations: Service, FIRE Locations: France, COVID

☆ Emerging markets, M&A, and new services: here are the key trends to watch in the fast-changing payments space
▼ + stars: | 2019-09-23 | by ( Shannen Balogh | ) www.businessinsider.com time to read: +11 min

Emerging markets, led by Latin America, powered 6% growth in global payments revenue last year, according to a brand new report from McKinsey. Consulting firm McKinsey & Company published its 2019 Global Payments Map report on Monday at the Sibos conference in London. It flagged strong growth in areas of global payments revenue, and drilled down into changes that legacy financial institutions may need to make to capture some of the broader space. Emerging markets driving revenue growthMcKinsey expects payments revenues to top $2.7 trillion by 2023. One key factor of growth here is the increase in electronic payments, especially in emerging markets, the report said.

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