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☆ Grenada's passport-selling boom offering rich Russians a Caribbean shortcut to US visas could be over
▼ + stars: | 2023-07-09 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Grenada runs a "Citizenship by Investment" program, offering a "golden passport" from $150,000. Demand for the program surged following Russia's invasion of Ukraine in February 2022. Russians called up as part of the partial mobilization go through military training in Rostov on October 21, 2022. But Grenada has flip-flopped on its decision to allow Russians to take part in the program. The office for the Grenada Citizenship by Investment program did not respond to Insider's request for comment.

Persons: Richard Hallam, —, Arkady Budnitsky, Irina Batrakova Organizations: Investment, Service, Privacy, Transformation Fund, Bloomberg, Grenada's Ministry of Finance, Anadolu Agency, Getty, Batrakova, Grenada Citizenship Locations: Grenada, Ukraine, Wall, Silicon, Russia, Russians, Rostov

☆ Southeast Asia's IPO market is an investor favorite amid global headwinds, Deloitte says
▼ + stars: | 2023-07-07 | by ( Sheila Chiang | ) www.cnbc.com time to read: +3 min

Firdaus Wajidi | Anadolu Agency | Getty ImagesSoutheast Asia's initial public offering market is showing promising signs despite a global IPO slowdown in the first half of 2023, according to a new Deloitte report. In the last six months, Southeast Asia's market saw 85 IPOs raising $3.3 billion in proceeds, versus the 73 IPOs in the same period last year which raised $3.1 billion. That's a 16% increase in the number of IPOs and a 5% increase in proceeds for the first half of 2023. Indonesia's rising starIndonesia raised 70% of the total IPO proceeds in Southeast Asia for the first half of 2023. Indonesia "looks set to have its best year ever in terms of listing proceeds with 44 IPOs in 2023 H1," said Deloitte.

Persons: Firdaus, — GoTo, Joko Widodo, Harita Nickel Organizations: Anadolu Agency, Getty, Deloitte, Nasdaq, EV, PT Merdeka Battery Materials, Pertamina Geothermal, Indonesia, Harita Locations: JAKARTA, INDONESIA, Jakarta, Indonesia, Southeast Asia, Australia, Thailand, Malaysia, China

☆ Samsung's memory chip prices to rebound end-2023 or early 2024, says analyst
▼ + stars: | 2023-07-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSamsung's memory chip prices to rebound end-2023 or early 2024, says analystSK Kim of Daiwa Capital Markets expects Samsung's memory chip production cut to take place in the third quarter, leading to an uplift in prices.

Persons: SK Kim Organizations: SK, Daiwa

☆ Judge temporarily blocks NYC’s food delivery minimum wage law
▼ + stars: | 2023-07-07 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

CNN —A judge has blocked New York City’s minimum wage law for food delivery workers from going into effect on July 12 until there is a hearing for a lawsuit filed by DoorDash and Grubhub against the city. The law, announced last month, would increase pay for app delivery workers to $17.96 per hour before tips on July 12 and bump up the minimum wage to nearly $20 per hour in April 2025. Uber — the parent company of Uber Eats — filed a separate lawsuit against the city challenging the law. New York City’s minimum wage law comes after online meal delivery services surged in popularity during the pandemic, and food delivery volumes still remain higher than pre-Covid levels. We look forward to the court’s decision and to apps beginning to pay these workers a dignified rate.”According to a news release from the city, Manhattan’s 60,000 food delivery workers currently make $7.09 per hour, on average.

Persons: CNN —, DoorDash, Uber, —, Judge Nicholas Moyne, “, ” Grubhub, Vilda Vera Mayuga Organizations: CNN, Uber, DoorDash, New Yorkers, New York’s Department of Consumer and Worker, New York City Department of Consumer Locations: York, New York, New York City, New

☆ Read the pitch decks from sports and video game startups that helped raise millions of dollars
▼ + stars: | 2023-07-06 | by ( Colin Salao | Ashley Rodriguez | ) www.businessinsider.com time to read: +3 min

Here are pitch decks 10 sports startups used to raise millions in Series A and Seed rounds. This has opened the opportunity for startups to build marketplaces or creator tools to help student-athlete creators. Insider talked with a handful of sports startup founders who've pitched their startups to investors about their process. They broke down the pitch decks they used to secure millions of dollars in funding. Read the pitch decks that helped 10 sports-focused startups raise millions of dollars:This post has been updated with new information.

Persons: It's, Kevin Kim, Kim, who've Organizations: Sports, Venture, Technology, Labs, NBA Locations: California

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Advantages of Joint Credit CardsShared Financial ResponsibilityJoint credit cards are a testament to mutual trust, allowing two individuals to manage expenses collectively. Building Credit TogetherFor couples or partners looking to build or repair their credit scores, a joint credit card can be a strategic tool. AdvertisementHow to Apply for a Joint Credit CardEligibility and RequirementsUnderstanding eligibility criteria and the necessary documentation is the first step in your joint credit card journey. Converting a joint credit card into an individual account can be challenging as most credit card companies do not allow this directly.

Persons: —, It's Organizations: Service

☆ How A.I. took center stage in the Hollywood writers' strike
▼ + stars: | 2023-07-05 | by ( Kate Sammer | ) www.cnbc.com time to read: +2 min

The implementation of generative AI could mean sweeping changes for the entertainment industry. Advocates for AI technology see it as a tool that will uplift content creators and break down the barriers to entry. "And you don't have to have any sort of skills as a visual effects artist or as someone in the entertainment industry." Since the last writers' strike in 2007, widespread consumer adoption of video streaming has exemplified how novel technologies can upheave the entertainment industry. Discovery , losing billions and billions and billions of dollars a year."

Persons: Justine Bateman, Caleb Ward, Dan Rayburn, —, Rayburn Organizations: Guild of America, Netflix, — Disney, Warner Bros, Discovery, Writers Guild of America, Hollywood

☆ Tesla's top China rival is exploring a faster method for lithium mining in Latin America — and offering free patents to build the industry
▼ + stars: | 2023-07-04 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Tesla rival BYD is exploring a new method of lithium mining in Chile, Bloomberg reported Tuesday. The Chinese firm aims to use a more direct way to extract lithium from Chilean salt flats. A BYD exec said the company plans to offer local patents and build up the industry in Chile. The goal would be for the company to establish in Chile the same direct lithium extraction, or DLE, method used in China, Li said. "BYD is ready to bring advanced DLE technology to Chile, and also we will develop R&D patents locally and offer free patents to the Chilean government to help Chile build up this industry," Li told Bloomberg.

Persons: —, BYD, Stella Li, Li, Elon Musk's Tesla, Tesla Organizations: Bloomberg, Service, Benchmark Mineral Intelligence, Elon, Wall Locations: Chile, China

☆ Why this in-flight magazine is the fashion industry’s new must-read
▼ + stars: | 2023-06-25 | by ( Nick Remsen | ) edition.cnn.com time to read: +7 min

Model Ismael Savane pictured in an Air Afrique T-shirt during Paris Fashion Week Mens Spring-Summer 2023 on June 23, 2022 in Paris. “We want to revive the African transcendence that Air Afrique represented,” Lamine Diaoune, the founder and creative director of the Air Afrique collective, said in a statement. It really was about more than just flights.”An Air Afrique stewardess, pictured during training in Abidjan, Côte d’Ivoire, in 1971. The cover of Air Afrique magazine's first issue, featuring the French rapper Tiakola (far right). (All members of the Air Afrique collective have backgrounds in creative fields; each also has projects outside of the group, too.)

Persons: Michel Renaudeau, Côte, Senegal —, Ismael Savane, Melodie Jeng, ” Lamine Diaoune, ”, Djibi Kébé, ” Kébé, “, Côte d’Ivoire, they’ve, Bottega, Tiakola, Lamine Diaoune, Djiby Kébé, Jeremy Konko, Amandine Nana, Zhedy Nuentsa, Bamba Thiam, Axel Pelletanche, ” Nana, Paul Kodjo, Marie, Hélène Tusiama, Tusiama, ’ ” Pope Jean, Paul II, Jean, Claude Delafosse, Pope Jean, Abdel El Tayeb, El Tayeb, Matthieu Blazy, El Tayeb’s Organizations: France CNN, Afrique, Air, Central African, Paris, Centre Pompidou, Air Afrique, “, Air Afrique Air Afrique’s, Franco, El Locations: Paris, France, New York City, Mauritania, Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Côte d’Ivoire, Gabon, Niger, Republic of, Congo, Senegal, West Africa, New York, Abu Dhabi, Europe, Abidjan, Côte, Dakar, West, Africa, Ivory Coast, ”, ‘, Sudanese, El

"I think most of the world is watching," Megan Davis, constitutional lawyer and Aboriginal woman who is leading the campaign for the change, told Reuters in an interview. A successful referendum will set a precedent that will be "really useful for other indigenous populations around the world in relation to recognition," Davis said. While a majority of Indigenous Australians back the change, support has been wavering at a national level, according to recent opinion polls. In the past there have been 44 proposals for constitutional change in 19 referendums, and only eight of these have passed. Pat Anderson, another Indigenous woman and campaign leader said this was the best political space Aboriginal Australians have been in since their struggle started over 200 years ago.

Persons: Megan Davis, Davis, Pat Anderson, Anderson, Stephen Coates Organizations: SYDNEY, Reuters, First Nations, Nations, UN, United, Indigenous Peoples, Australia's, Thomson Locations: Australia, Torres, Scandinavia, British, Australia's, Canada, New Zealand, United States

MAS imposed penalties of S$2.6 million ($1.93 million) for DBS, S$600,000 for OCBC, or Oversea-Chinese Banking Corp, S$400,000 for Citibank and S$200,000 for Swiss Life. Asked whether illicit activities had taken place involving the institutions, MAS said its checks focused on compliance with its requirements. DBS failed to adequately inquire into the background and purpose of "unusually large transactions", it said. A Swiss Life spokesperson said it had terminated a client relationship in 2020 after being approached by authorities about a contract. "Since then, and in close cooperation with the authorities, additional measures have been implemented within Swiss Life (Singapore) to detect client misconduct more effectively."

Persons: Wirecard, OCBC, Chen Lin, Yantoultra, Selina Li, Martin Petty, Conor Humphries Organizations: Citibank, DBS, Swiss, Monetary Authority of Singapore, Chinese Banking Corp, MAS, FIs, Singapore police, Thomson Locations: SINGAPORE, Singapore

☆ I built a thriving side business without ever having a viral moment. Here’s how I grew my following and secured partnerships with brands like 1-800-Flowers.
▼ + stars: | 2023-06-21 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

Christopher Griffin is known as Plant Kween to more than 400,000 followers on social media. I'm known as Plant Kween on Instagram, where I have more than 400,000 followers. During my lunch breaks, after-work hours, and weekends I focus on my Plant Kween business and content creation. The Plant Kween for 1-800-Flowers.com collection launched in February 2023. ET so folks can get a little dose of Plant Kween joy before they start their day.

Persons: Christopher Griffin, —, I'm, pothos, I've, Meyers Organizations: Service, New York University, Creative Artists Agency, Kimpton, Saks Locations: Brooklyn , New York, Instagram, Headspace, Brooklyn, East Coast

☆ Chief of staff to new top Democrat on antitrust subcommittee lobbied for Apple, Amazon
▼ + stars: | 2023-06-15 | by ( Lauren Feiner | ) www.cnbc.com time to read: +3 min

UNITED STATES - FEBRUARY 28: Rep. Lou Correa, D-Calif., walks down the House steps after the last votes of the week on Friday, Feb. 28, 2020. The chief of staff to the new top Democrat on the House Judiciary subcommittee on antitrust lobbied on behalf of Amazon and Apple as recently as 2022, including on the very issues the ranking member will oversee in his new role, CNBC found based on public disclosures. René Muñoz has served as chief of staff to Correa since November 2022, according to Congress tracking site LegiStorm. Before that, Muñoz worked at the lobbying firm Federal Street Strategies beginning in May 2020, according to LinkedIn, where his clients included Amazon and Apple, along with other corporations. Rep. Ken Buck, R-Colo., later became the top Republican on the subcommittee and was a significant ally to Cicilline in championing the tech antitrust bills.

Persons: Lou Correa, California Democrat Lou Correa's, René Muñoz, Correa, Muñoz, David Cicilline, Ken Buck, Buck, Thomas Massie, Maria Langholz, Cicilline, He's Organizations: UNITED STATES, Democrat, Amazon, Apple, CNBC, California Democrat, LinkedIn, Rhode, Rhode Island Democratic, Google, Facebook, Republican, Progress, Democrats, Staff Locations: California, Rhode Island, Ky, Orange County

☆ Lionel Messi is already impacting US soccer
▼ + stars: | 2023-06-14 | by ( Matias Grez | ) edition.cnn.com time to read: +7 min

CNN —Lionel Messi’s move to Inter Miami is yet to be finalized, but already his impact on Major League Soccer is being felt. “For those people who want to be able to say: ‘I was there at Lionel Messi’s first MLS game,’ demand will exceed supply. Before Messi, Pelé was arguably the most famous face to play soccer in the US. Inter Miami fans have had very little to cheer this season, sitting bottom of the Eastern Conference. CNN has reached out to Major League Soccer, Inter Miami, Messi’s representative, Apple and David Beckham, who is part of Inter Miami’s ownership team, to confirm the financial details.

Persons: Lionel Messi’s, David Beckham, Zlatan Ibrahimovic, Wayne Rooney, Messi, Jim Curtin, “, Messi’s, Kieran Maguire, The Price, ” Maguire, He’s, Cruz Azul, –, TickPick, StubHub, Pelé, George Tiedemann, Lionel Messi, Beckham, Maguire, ”, we’ve, Michael Reaves, Eddy, “ He’s, it’s Messi Organizations: CNN, Inter Miami, Major League Soccer, Philadelphia Union, ” Inter Miami, Football, University of Liverpool Management School, CNN Sport, Premier League, Arsenal, MLS, Inter Miami’s Leagues, Cruz, New York Red Bulls, Big Apple, Inter, Los Angeles FC, Eastern Conference, NFL, MLB, NHL, New York Cosmos, North American Soccer League, Argentine, Los Angeles Galaxy, NBA, ”, Miami, Apple TV’s, Apple, Leagues Cup Locations: Manchester City, Los, Miami, United States, USA, Canada, Mexico, States, Saudi, Saudi Arabia

☆ Finland is consistently ranked the happiest country on earth. For Finns, it's an eye-roller.
▼ + stars: | 2023-06-10 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +9 min

Finland's high levels of social trust could be one reason the country has been ranked as the world's happiest for six years in a row. Finns don't view themselves as exceptionally happy people. A busy street in Helsinki, Finland. In 2021, the Nordic country spent 24% of its GDP on social protection — the highest of any other OECD country that year. 'We have problems as well'As fun as such ratings can be to share and debate, they of course obscure the challenges experienced in any country, even Finland.

Persons: Frank Martela, they've, Jennifer De Paola, De Paola's, Jimenez, you'll, We're, Meri Larivaara, it's, De Paola, ALESSANDRO RAMPAZZO, Martela, Larivaara, Eric, Susanna Nordvall, who's, De Organizations: Aalto University, De, Heli Jimenez, United Nations Sustainable Development Solutions, Gallup, Getty, Nordic, OECD, Healthcare, Mental Health Locations: Espoo, Finland's, Helsinki, Finland, AFP, Japan, Italy, Finnish

☆ The Truth About Hot Cheetos Is Not in ‘Flamin’ Hot’
▼ + stars: | 2023-06-09 | by ( Tejal Rao | ) www.nytimes.com time to read: +1 min

Like Oscar Isaac, I occasionally use chopsticks to eat hot Cheetos, a technique that keeps their red dust from sticking to my fingers. It’s the neatest way to keep pace with a perfectly engineered snack, designed both to satisfy the desire for its prickly heat and violent crunch, its convincing tang and mellow sweetness, and to fuel an immediate need to revisit it. There are films this year celebrating (and satirizing) the invention of all kinds of consumer products, including the BlackBerry, Air Jordans and Tetris, but I never imagined that this spicy little snack produced by a multinational corporation could be the hero of a late-capitalist uplift saga. “Flamin’ Hot,” directed by Eva Longoria and streaming now on Hulu and Disney Plus, is a frothy, optimistic, very American film about Richard Montañez, a Mexican American kid from San Bernardino County who grows up to work at a Frito-Lay plant and dreams up a billion-dollar idea: Flamin’ Hot Cheetos. Through Montañez, the rise of the fingertip-staining, habit-forming, spicy corn-based snack becomes a story of the American dream — a ’90s-style janitor-to-executive tale fueled by pure grit and guts.

Persons: Oscar Isaac, “, ”, Eva Longoria, Richard Montañez Organizations: Hulu, Disney Locations: Mexican American, San Bernardino County

☆ Opinion | Trump Wants to Party Like It’s 1776
▼ + stars: | 2023-06-05 | by ( Michelle Cottle | ) www.nytimes.com time to read: +2 min

These low-energy losers wouldn’t know how to throw a birthday blowout if their poll numbers depended on it. Even as Mr. Trump hawks the project as an opportunity for national uplift, he has woven in themes and language seemingly designed to provoke discord. It is a sad commentary on our political climate that something as potentially unifying as a national birthday party comes loaded with divisive cultural baggage. But in the Trump era, it also became a culture-war rallying point, a shorthand for one’s commitment to traditional values and hostility to anything conservatives deem woke. Mr. Trump pitched the commission as a way to combat the “twisted web of lies” being taught to schoolchildren by America-hating radicals — a way to help “patriotic moms and dads” fight back against this “child abuse.”

Persons: ”, Ron DeSantis, Nikki Haley, Mike Pence, Trump’s, Trump Organizations: America Locations: Iowa, America

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Broadcom, Bowlero, Microsoft, Rivian & more
▼ + stars: | 2023-06-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Broadcom as buy Bank of America raised its price target on the stock to $950 per share from $800 after Broadcom's earnings report on Thursday. "Our new PO of $950 (from $800) represents 21x CY24E EV/FCF as AI accelerates company growth potential. Bank of America reiterates Five Below as buy Bank of America said the discount retailer has "recession resilience." Bank of America upgrades Surgery Partners to buy from neutral Bank of America said the health care company has " favorable long-term tailwinds." Bank of America reiterates Lululemon as buy Bank of America said Lululemon is a "best-in-class growth story."

Persons: it's, Riley FBR, Riley, Piper Sandler downgrades, Piper, Morgan Stanley, Apple, it's bullish, Wells, Stifel, Goldman Sachs, Goldman, 100bps, Frank Klein, Tim Fallon, Tim Bei, Derek Mulvey, RIVN, Lululemon Organizations: Bank of America, Broadcom, Warner Music, JPMorgan, Energy, Surgery Partners, of America, Partners, Amazon, Microsoft, ISI, Barclays, Strategic Finance, Citi, Frontier Citi, LaGuardia, Spirit Airlines, Watch Locations: Valvoline, Biopharma, Agriculture, Normal , IL

☆ ‘Ted Lasso’ Finale Recap: Family
▼ + stars: | 2023-05-31 | by ( Christopher Orr | ) www.nytimes.com time to read: +1 min

There are TV finales that go out with a shock or on a sad note or with a healthy dose of ambivalence. But that was not how “Ted Lasso” was ever going to end. Were you one of those who fell for the Rebecca–Ted fake out at the breakfast island that opened the episode? By which I mean, one of the (sane) viewers who was horrified at such a terrible idea or one of the (I’m sure very nice, though highly misguided) viewers who felt vindicated? It was a sneaky move, but with time running out I’m not sure how else we were ever going to see Beard in a banana hammock.

Persons: Ted Lasso ”, Rebecca – Ted, I’m, Beard

☆ Casey DeSantis' mission on the 2024 campaign trail is to bring suburban women back to the GOP after Trump lost them
▼ + stars: | 2023-05-30 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +16 min

Ron DeSantis' wife, Casey DeSantis, is a chief confidant key to his political rise. He finished boasting about his "Florida Blueprint," and then his wife, Florida first lady Casey DeSantis, glided onstage. In the geography was Casey DeSantis' autobiography: raised in Troy, Ohio, and college-educated at the University of Charleston. As Florida's first lady, Casey DeSantis' initiatives included childhood emotional resiliency, child welfare, and — as a breast-cancer survivor herself — cancer research. "They did not want woke ideology shoved down the throats of their five years olds while they were in school," Casey DeSantis said.

☆ This LA talent manager started her own business only using handshake deals. Here's how she landed top clients and helped them achieve what they care about most.
▼ + stars: | 2023-05-27 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

But she doesn't sign contracts with her clients, instead focusing on genuine relationships. Talent managers might have a bad rep with overbearing contracts and hefty fees, but for Perice and Made By All, clients are only held to a handshake. "I don't believe in contracts, so everything is a handshake for me, and my word is my contract," she said. Deals between clients and brands are done with signed contracts, but Perice still communicates with the NFL via DMs and texts. "Adam loves giving back, so we're able to really tie in the things that he cares about his brand."

Persons: Leanne Perice, She's, —, I'm, Teyana Taylor, Perice, –, Kanye, Taylor, Ugo Mozie, There's, influencer Helen Owen, Adam Waheed, it's, Waheed, Adam Organizations: Service, Interscope Records, NFL, DMs, CMO, UPS, Spice, Forbes Locations: Bali, West Coast, Los Angeles, Europe, Florence, Italy, Fairfax

☆ The DeSantis campaign will test whether Casey DeSantis can bring suburban women back to the GOP after Trump lost them
▼ + stars: | 2023-05-27 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +16 min

☆ Financial Advisor on women and investing: It's important to feel empowered
▼ + stars: | 2023-05-22 | by ( Sara Lindsay | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinancial Advisor on women and investing: It's important to feel empoweredCNBA FA Council member Kamila Elliott joins CNBC to talk about why it's so important for women to invest and how better representation in her field could help uplift underserved communities.

☆ 6 daily micro habits recommended by Google's executive coach to reduce stress and increase focus
▼ + stars: | 2023-05-22 | by ( Robin Madell | ) www.businessinsider.com time to read: +7 min

AK Ikwuakor is a 38-year-old executive coach lead at Google from Marina del Rey, California. I've served as an executive coach for leaders across the globe. One of my micro habits is walking out the door each morning. Here are six daily micro habits that I recommend to Googlers and others to become less stressed and more focused. People often struggle at first, but as they continue listing things like "I know I'm amazing with people," "I know I'm a strong marketer," "I know I'm a great friend," and so on, it gets easier.

☆ Uber's AI potential is making it stand out among its peers. Here's what that could mean for its stock.
▼ + stars: | 2023-05-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +11 min

All told, there is a nearly $6 trillion in revenue opportunity from AI across the internet industry, a March report from Morgan Stanley found. "UBER/LYFT/DASH already use ML [machine learning] in their matching algorithms (matching rides/eaters with drivers/couriers)," Morgan Stanley wrote in its report. AI tailwind for Uber Uber has both its ride-sharing service and UberEats food delivery business. According to Morgan Stanley, AI and machine learning will be a tailwind to network efficiency. "The extent to which AI drives substantial improvements in top-line growth could lead to teens upside [for the stock]," Morgan Stanley said.

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