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☆ The Nike and Tiffany & Co. sneaker release is the perfect example of what's wrong with buying popular shoes right now
▼ + stars: | 2023-03-07 | by ( Danni Santana | ) www.businessinsider.com time to read: +2 min

Many consumers hoping to grab a pair of the Nike Air Force 1 Low Tiffany & Co. "1837" missed out. Customers looking to buy the sneaker will now have to pay three times the $400 retail price. The Nike and Tiffany drop highlighted a few key hurdles for consumers who attempt to purchase limited-edition sneakers. For die-hard Tiffany fans newly introduced to sneaker culture, it was a rude awakening about how modern sneaker releases are very much a lottery. If not, there are plenty of other Air Force 1s to choose from.

☆ Elon Musk accuses laid-off Twitter employee of using their disability as an 'excuse' to do 'no actual work'
▼ + stars: | 2023-03-07 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Elon Musk accused a former employee of using their disability as an "excuse" to do "no actual work." Musk and Thorleifsson engaged in a heated exchange on Twitter on Monday. The accusation was aimed at Haraldur Thorleifsson, a former Twitter director who engaged in a public spat with Musk on Monday. Thorleifsson, who is based in Reykjavik, Iceland, joined Twitter as a full-time employee in 2021 after Twitter acquired Ueno, a creative agency he founded. Amid his spat with Musk on Monday, Thorleifsson posted a picture of himself in a wheelchair.

[1/2] Turkey's main opposition Republican People's Party (CHP) leader Kemal Kilicdaroglu, accompanied by IYI Party leader Meral Aksener and Felicity Party leader Temel Karamollaoglu, talks to media following a meeting of the opposition alliance in Ankara, Turkey March 6, 2023. A cost-of-living crisis amid rampant inflation and years of economic turmoil have eroded Erdogan's support, giving Kilicdaroglu another advantage. Recent polling showed Erdogan's support had edged up since last summer thanks to measures including a raise in the minimum wage. The following year, he was elected unopposed as CHP leader after his predecessor's resignation in the wake of scandal. His election fuelled party hopes of a new start, but support for CHP has since failed to surpass about 25%.

☆ She was weeks away from maternity leave at Twitter. Then Elon Musk took over
▼ + stars: | 2023-03-06 | by ( Clare Duffy | ) edition.cnn.com time to read: +14 min

Twitter now reportedly has fewer than 2,000 employees following more cuts late last month, down from around 7,500 before Musk took over. CNN“We were on the Twitter-coaster, the Elon Musk chapter, for seven months,” Ali said. De Caires is one of the former Twitter employees taking legal action against the company following mass layoffs after Musk took over. Jeff Chiu/APInstead, Twitter employees say they heard very little from their new leader in the days immediately after his takeover. Attorney Shannon Liss-Riordan is representing around 1,500 former Twitter employees taking legal action against the company following Musk's takeover.

☆ What's a mortgage rate buydown? 3 things you need to know to avoid 'lighting money on fire'
▼ + stars: | 2023-03-05 | by ( Jason Stauffer | Elizabeth Gravier | ) www.cnbc.com time to read: +11 min

How does a mortgage rate buydown work? The terms are sometimes used interchangeably, so it's important to understand how your individual mortgage lender is defining the buydown. When you pay for discount or mortgage points, you permanently lower your mortgage's interest rate (as opposed to buydowns which only temporarily lower the rate). So it may make less sense for these types of borrowers to pay for a lower rate. You'll want to pay attention to your mortgage's closing costs because the fees you pay can wipeout the potential savings from securing a lower mortgage rate.

☆ Elon Musk's office sleeping habits have existed since the early 1990s, according to a book about his first startup
▼ + stars: | 2023-03-05 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

Per "The Founders," Musk's company rented a "spartan Palo Alto office space," and he would sleep at the office and shower at the nearby YMCA. Soon after taking over Twitter, Musk similarly said he would be sleeping at the office "until the org is fixed." Back at Zip2, Soni describes a "perpetually sleep-deprived" Musk openly berating other executives and colleagues in 1996. Musk's sleeping habits continued at his second company, too, as the company's cofounder Harris Fricker told Soni. In February, Musk said he has worked an average of more than 120 hours a week after taking over Twitter.

☆ Matthew McConaughey's Salesforce gig
▼ + stars: | 2023-03-04 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

Hallam Bullock here, reporting from London — and yes, Matthew McConaughey is on my mind. Salesforce has reportedly been paying McConaughey $10 million a year to act as a "creative adviser." Robyn Phelps/InsiderProgrammers are thrilled about AI tools like ChatGPT. Read why programmers are pumped about the rise of AI tools. Larry Lundstrom spends about 40 to 60 hours a week as a pastor, but on the side, he uses AI tools like ChatGPT to make pitch decks for businesses.

☆ At China political meeting, internet bosses are out, chip execs are in
▼ + stars: | 2023-03-03 | by ( Laurie Chen | ) www.reuters.com time to read: +4 min

HARDWARE FOCUSNewcomers to the events include representatives from chip firms Semiconductor Manufacturing International Corporation (SMIC), state-backed Hua Hong Semiconductor Ltd, Shandong Youyan Semiconductor Materials Co. in the NPC and Cambricon Techologies Corp in the CPPCC. Other new NPC delegates come from robotics, laser, aerospace and aeronautics firms. Delegates for the NPC and CPPCC are chosen every five years by the Communist Party and have the option to resign. Some celebrity CPPCC delegates did not reappear on this year's list, such as Hong Kong action star Jackie Chan, film director Feng Xiaogang and state television anchor Bai Yansong. Yao Ming, a retired basketball star who heads the Chinese Basketball Association, has moved from the CPPCC to the NPC.

☆ The boss of Elon Musk's Boring Company called Twitter managers to ask about employee performance just days before 200 people were laid off, report says
▼ + stars: | 2023-02-28 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

The Boring Company's boss called Twitter managers last week to ask about staff performance, Platformer reports. Twitter then cut at least 200 employees on Saturday night, including four high-ranking managers. Davis is a longstanding ally of Twitter owner Elon Musk, and has helped cut costs since his takeover. Steve Davis, a long-term associate of Musk, has been working with Twitter for the past few months to help cut costs at Musk's request. These managers later learned on Saturday that at least 200 employees were being laid off, including product managers, data scientists, and engineers.

☆ The Boring Company CEO who slept at Twitter's headquarters with his newborn baby is rumored to be Twitter's next CEO, report says
▼ + stars: | 2023-02-28 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Twitter employees are speculating that The Boring Company CEO Steve Davis could replace Elon Musk as CEO, Platformer reported. The publication said that Davis helped orchestrate a round of layoffs at the social media company that impacted about 200 people this week. The Boring Company CEO spent the first few weeks after his baby was born sleeping in a makeshift bedroom in the office, along with his newborn and partner, according to the report. Before he became CEO of The Boring Company, Davis worked with Musk at SpaceX. Tesla's stock has fallen over 37% since he announced his plans to buy the social media company on April 14.

☆ A laid-off Twitter exec who went viral for sleeping on the office floor says people who are afraid of being 'dunked on' should stay 'small and invisible'
▼ + stars: | 2023-02-28 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

A laid-off Twitter exec said people who are afraid of criticism should stay "small and invisible." Esther Crawford had become known for her commitment to Elon Musk's "Twitter 2.0." During her time at Twitter, Crawford was seen as an embodiment of Musk's "hardcore" work culture. "If you can't take being publicly dunked on then be sure to avoid taking any risks and stay away from all leadership roles," Crawford tweeted. Stay small and invisible and most of all, be silent and afraid of what others think."

☆ A Twitter manager seen as embodying Elon Musk's 'hardcore' work culture was reportedly laid off. She says she has no regrets going 'all-in on Twitter 2.0.'
▼ + stars: | 2023-02-27 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Crawford, a Twitter manager seen as embodying Musk's "hardcore" work culture, has reportedly since been laid off. "The worst take you could have from watching me go all-in on Twitter 2.0 is that my optimism or hard work was a mistake," Crawford tweeted Sunday. Crawford, a director of product management, was seen as embodying Twitter owner Elon Musk's "hardcore" work culture. Crawford reportedly defended Musk's initial mass layoffs that led to thousands of the company's workers losing their jobs. Another said: "All your hard work is reflected in the quality of the current Twitter user experience," apparently referencing recent issues with the site.

☆ One of Elon Musk's most loyal employees was fired at Twitter. Here's how she went from surviving layoffs to the chopping block in the span of a few months.
▼ + stars: | 2023-02-27 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +4 min

Crawford spent over two years at Twitter, according to her LinkedIn, working on projects like Twitter Blue and Spaces. Insider's Kali Hays first reported in January that 50 people on Twitter's product team were set to be let go. Following the first round of layoffs in November, The Verge reported Crawford told employees at Twitter that mass firings were "required" for Twitter to survive, which distanced herself from her colleagues. Unnamed employees at Twitter acknowledged this prominence in the FT report, saying she and Musk began working closely following the takeover. "She has become a bit of an interpreter between Elon and the product team," one senior staffer told FT.

☆ Meet the British composer living with a rare type of epilepsy that is triggered by music
▼ + stars: | 2023-02-20 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

Determined to carry on with their love of music, Bec found a way to overcome their condition. Liza Bec, a professional composer, discovered in 2008 that music — the very thing they had devoted their life to — was causing their epilepsy. "It was complete horror," Bec told Insider: "I just thought: 'I'm going to die. A condition that affects one in 10 million peopleLiza Bec, playing their roborecorder. Doctors told Bec they should go on medication and avoid playing music to avoid damaging their brain further.

☆ Ex-Tesla CEO says the company's culture might be 'nicer' if he had stuck around: 'I'm not into random firings'
▼ + stars: | 2023-02-19 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Tesla cofounder Martin Eberhard said the carmaker's company culture might be "nicer" if he'd stayed. He said he's not into "random firings," a practice Musk has denied engaging in in the past. "I'm a believer of treating employees with respect and I'm not into random firings and things like that," Eberhard told Insider in an interview. Eberhard previously told Insider that Musk and Tesla's board had met behind his back and had voted to replace him as CEO. Musk became Tesla's CEO in 2008 and has become virtually synonymous with the brand's image in recent years.

☆ Driving electric SUVs from Tesla, Kia, and Hyundai showed me why the Korean brands are gaining on Elon Musk
▼ + stars: | 2023-02-18 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

The Kia EV6 and Hyundai Ioniq 5 are some of the trendiest new electric vehicles challenging Tesla. The trendy Korean SUVs are stylish, fun, and technologically advanced — and are making trouble for Tesla's Model Y. The 2022 Hyundai Ioniq 5. The 2022 Kia EV6. The Tesla Model Y. Tim Levin/InsiderPlus, they drive greatThe Model Y accelerates like nobody's business and takes turns like a sports car.

☆ Inside Tracy Anderson's cutthroat fitness empire: Legal threats, paranoia, and trainers who say their bodies were 'breaking apart'
▼ + stars: | 2023-02-16 | by ( Katie Warren | ) www.businessinsider.com time to read: +29 min

One day around 2015, a dozen or so gift boxes showed up at the Brentwood, California, studio of the celebrity fitness trainer Tracy Anderson. "It was an exclusive boutique fitness studio," the former New York trainer said. Darren Gerrish/WireImageThe method demanded that TA trainers, most of whom were also professional dancers, perform the strenuous workouts full out, every time. Let's help you do it correctly so you don't get injured,'" the former New York trainer said. "This is at a time where everyone is already overworked," one of the former New York trainers said.

☆ Elon Musk says the end of 2023 is a 'good timing' to find a new CEO for Twitter because the company will be 'stable' by then
▼ + stars: | 2023-02-15 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +2 min

Elon Musk says he plans to have someone take over his job as Twitter CEO near the end of 2023. He said end-2023 would be "good timing" to hand over the reins because Twitter should be "stable" then. "I don't know, I'm guessing probably towards the end of this year should be a good timing to find someone else to run the company," Musk added. Musk then started a Twitter poll on December 18, asking users whether he should "step down as head of Twitter." The results of the poll didn't swing in his favor — some 57.5% of the poll's more than 17.5 million respondents voted for Musk to step down as Twitter CEO.

☆ Twitter went down because an employee accidentally deleted data, and there was nobody left on the team responsible due to Elon Musk's cuts, report says
▼ + stars: | 2023-02-10 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

On Wednesday, Twitter users were faced with the errant warning: "You are over the daily limit for sending tweets." And the team responsible for the service had all left the company in November, per Platformer. In a private message seen by Insider's Kali Hays, one Twitter employee described it as "a massive outage." Since Musk took over the company, employee numbers have fallen more than two-thirds, from over 7,000 to around 2,300, per the billionaire himself. After Wednesday's outage, Musk emailed Twitter staff telling them to "pause new feature development" in order to ensure "system stability and robustness," Fortune first reported.

☆ Bayonetta Origins: Cereza and the Lost Demon preview
▼ + stars: | 2023-02-07 | by ( Mike Andronico | ) edition.cnn.com time to read: +5 min

Bayonetta Origins: Cereza and the Lost Demon fleshes out the franchise’s backstory in the form of a pastel-colored adventure that challenges you to control two characters at once as you solve puzzles and take down enemies. Bayonetta Origins, which casts you as a young girl named Cereza (who, spoiler alert, would eventually become Bayonetta) is decidedly not that. The takeawayNintendoI came into my Bayonetta Origins: Cereza and the Lost Demon demo with mild expectations, and came out itching to spend more time with Cereza and Cheshire. If you own a Nintendo Switch, it should be on your radar — even if you’ve never played a Bayonetta game before. Bayonetta Origins is up for preorder now and hits stores on March 17, and we’re already looking forward to playing more.

☆ Watch out managers, the job cuts are coming for you next
▼ + stars: | 2023-02-02 | by ( Sarah Jackson | Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Thousands of workers have already gotten pink slips this year, and it looks like managers will be next. Managers may be an easy target as companies correct course after overhiring during the past few years. For his part, Meta CEO Mark Zuckerberg is pushing back against the endless loop of "managers managing managers." But new workers need managers — and those managers then get their own managers, and so on, ad infinitum. One program manager who left Meta in September 2022 after 18 months told Insider he resigned because he was stifled by all the "managers managing managers."

☆ Hoka sneakers: Why these chunky, ugly running shoes are selling like crazy
▼ + stars: | 2023-01-31 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

Hoka, which started in 2009 in France as a running shoe for hardcore marathoners, is growing rapidly with casual runners, hikers and weightlifters. “There wasn’t anyone doing what Hoka was doing.”But Hoka carved out a niche in specialty running shops. By 2019, Hoka sales topped $220 million. “We don’t see this as just a running brand,” Deckers CEO David Powers said in October. “This is a running, trail, hike brand that is more like a North Face” than Brooks running shoes.

☆ There's a middle ground between burning yourself out and quiet quitting: 'enoughness'
▼ + stars: | 2023-01-29 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +6 min

There's a middle ground between quiet quitting and burning yourself out: it's called "enoughness." But not so much that it controls your life and you don't have energy for yourself. According to Robert Kelley, a professor at Carnegie Mellon University's Tepper School of Business, there's a word for what many of us are seeking: "enoughness." We don't want to slack off, or even quiet quit, but we're less willing to make our jobs our top concern. "Very few people get recharged from their work," Kelley said.

SYDNEY/SINGAPORE, Jan 26 (Reuters) - China's reopened borders and renewed focus on boosting the sagging economy have brightened the deals outlook, with bankers starting to field interest for mergers, acquisitions and fundraising involving the world's second-largest economy. Chinese companies' capital markets deals slipped 44% in the same period, according to Refinitiv data. That slump crimped the fees earned by Wall Street banks and forced some of them to cut jobs, mainly those linked to Chinese deals, in the past few months. Chinese private equity activity was worth $24.1 billion in 2022, down from $57.8 billion a year before, Pitchbook data showed. "Because of opening up, we expect an uptick in overseas disposal of private equity to Chinese buyers."

Catalano's brother, Agostino, was a policeman who died in a 1992 bomb that killed anti-mob magistrate Paolo Borsellino - a attack that prosecutors say Messina Denaro helped mastermind. The last confirmed sighting of Messina Denaro was in 1993, making it difficult for police to identify the most wanted man in Italy. Only one of them decided to collaborate with justice," said Roberto Piscitello, a prosecutor who tried to capture Messina Denaro from 1996 to 2008. FALSE IDENTITYPolice say they managed to catch Messina Denaro after learning from wiretaps of his relatives that he had cancer. BUSINESS CONTACTSMagistrates said they found evidence that Messina Denaro had visited Spain, Greece and Austria over the years.

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