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☆ FTX cofounder Gary Wang is set to testify against his childhood friend Sam Bankman-Fried. Here's what we know.
▼ + stars: | 2023-10-03 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

FTX cofounder Gary Wang was a critical player during the rise and fall of SBF's crypto empire . AdvertisementAdvertisementWhen Bankman-Fried cofounded Alameda Research in 2017, Wang reportedly left his role at Google. The tight group of executives reportedly included Wang, Bankman-Fried, Caroline Ellison, who was formerly Alameda's CEO, and Nishad Singh, FTX's former director of engineering. But at FTX, Wang was a somewhat reclusive figure, per reports. "All of the sudden that snapped into he was leaving that day, back to the US and implicitly mostly stopped working," Bankman-Fried told the news outlet.

Persons: Gary Wang, Wang, Sam Bankman, —, Bankman, MIT Wang, Wang's, Cherry Hill, Hector, Fried, Caroline Ellison, Nishad Singh, FTX's, Nishad, Gary, Singh, FTX, Ellison, Damian Williams, Ilan Graff, Sundar Organizations: Service, MIT, Bloomberg, Eastside, Epsilon Theta, Google, Forbes, Alameda Research, Court, District of, Sydney Morning Herald, Street Journal, Southern, of New York, Securities and Exchange Commission Locations: Oregon, Cherry Hill, New Jersey, China, Bahamas, Alameda, District of Delaware, FTX

☆ How a California hedge fund bulldozed the state's labor laws to impose some of the harshest noncompetes on Wall Street
▼ + stars: | 2023-10-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +23 min

That's partly why so few quantitative trading firms reside in California, whose labor-friendly laws have long favored employee mobility and competition. Exhibit A: The Voleon Group, a prominent quantitative-trading firm based in Berkeley, California, that manages about $5 billion in assets. The hedge fund has bulldozed past state prohibitions to not just impose noncompetes, but impose some of the harshest noncompetes in the entire industry, according to seven former employees, industry experts, and documents detailing the firm's restrictive covenants. Like so many other quant-trading firms, Voleon took care to protect its edge. Other employees Insider spoke with have a less generous view, with several describing the company as stingy — a third ex-employee bemoaned the company as "notoriously cheap" on compensation.

Persons: Kathy Hochul's, haven't, Michael Kharitonov, Jon McAuliffe, Shaw, — Kharitonov, McAuliffe, Voleon, —, Harry Lipman, Rottenberg Lipman Rich, Lipman, bemoaned, noncompetes, Martin Wainwright, Howard Aiken, Wainwright, hasn't, It's, Jessica Riggin, Rukin Hyland, Riggin, specter, James Hannaway, Sanford Heisler Sharp, Hochul, Rob Bonta, Sen, Anna Caballero, foisting, Caballero, Voleon's Organizations: New, Gov, University of California, Stanford, UC Berkeley, Wall Street, Google, Citadel, Sigma, That's, Big Tech, Darwin, MIT, Berkeley, California, Labor Locations: New York, California, Berkeley , California, University of California Berkeley, Berkeley, Voleon, Delaware, Washington ,

☆ ‘We are not in the business of ice cream’: Big Oil CEOs defend themselves against climate criticism
▼ + stars: | 2023-10-02 | by ( Sam Meredith | ) www.cnbc.com time to read: +4 min

Executives representing energy majors in the U.S., Europe and Asia speak during a CNBC-moderated panel session at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates. "So, the debate has always been posed here, I'm reminded of an old saying: 'If you want to keep everyone happy, sell ice cream.' We are not in the business of ice cream — and I'm reminded, there are people who are lactose intolerant," Taufik said. "In mitigating climate change, there is also the opportunity to continue to produce oil for our energy security. Wael Sawan, chief executive officer of Shell Plc, speaks during a panel session at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates.

Persons: We've, Tengku Muhammad Taufik, I'm, Taufik, Vicki Hollub, Oxy, Hollub, Patrick Pouyanne, Pouyanne, Wael Sawan Organizations: CNBC, Abu, Abu Dhabi International Petroleum Exhibition, United, United Arab Emirates, Bloomberg, Getty Images, Monday, Big Oil, Amnesty, Petronas, Shell Plc, Getty Locations: U.S, Europe, Asia, Abu Dhabi, United Arab, Paris

☆ I swapped the big city for a tiny community in the middle of nowhere. Rent is $60 a month – but the supermarket is a 5-hour round trip.
▼ + stars: | 2023-10-01 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

Sally Millar swapped the big city grind in Sydney, Australia for life in a tiny remote community. She now pays about $60 a month in rent and makes more money than she did in the city. But living a five-hour round trip from the nearest supermarket has its drawbacks. When Covid hit my partner and I had been about to go on a big road trip across the Americas. AdvertisementAdvertisementThe housing is also provided by my school, so my rent and bills are now just 100 Australian dollars a month.

Persons: Sally Millar, —, I'd, Covid, We'd, everyone's, It's, Sally Millar's, we've, Sally, they're Organizations: Service, Google Locations: Sydney, Australia, Americas, East Kimberley, Western Australia, Kununurra, Perth

“We will not take a break and we cannot stop now, and we will continue to pass life-saving laws until we end gun violence in Connecticut. Our lives depend on it,” said Jeremy Stein, executive director of Connecticut Against Gun Violence. Immediately after it was passed, the law was challenged in court by gun rights supporters. Connecticut’s landmark 2013 gun law, passed in response to the 2012 elementary school shooting in Newtown that claimed 26 lives, is also being contested in court. Besides Connecticut, which has some of the strictest gun laws in the country, other politically liberal-leaning states including California, Washington, Colorado and Maryland also have passed gun laws this year that face legal challenges.

Persons: Ned Lamont, “, ”, Jeremy Stein, Gavin Newsom, Newsom, Vincent Candelora, Pro Tempore Martin Looney, Looney, Lamont Organizations: —, Sandy, Elementary, Democratic Gov, Besides Connecticut, U.S, Supreme, California, Republican, Assembly, Pro Tempore Locations: HARTFORD, Conn, Connecticut, Newtown, Besides, California, Washington , Colorado, Maryland, North Branford, ”, New Haven, ” Connecticut

☆ The Great Zelle Pool Scam
▼ + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com time to read: +38 min

When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. Out of all the kinds of money, money to build a pool is probably the very best kind of money for the world to suffer the loss of. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.

Persons: Madison Ketcham, Gary Kruglitz, Gary, couldn't, he'll, Gary —, —, Cheryl, Sheryl, Sheryl —, we'd, Jeff Allen's, didn't, Jeff, Krystal, we'll, He'd, you've, Karen, I'm, she'd, Yellllow, Zelle, Chase, Sen, Elizabeth Warren, there's, That's, It's, Jesus, who'd, Donald Trump, Gary Kruglitzes, Cheryls —, Yasmine48, Nixon, Evan Kohlmann, cybercrime, we've, I've, Kohlmann, Guess, Let's, that's, Elizabeth Warren's, it's, they're, Warren's, Warren, I'd, they'd, blinked Organizations: Boston Pops, The New York Times, New York Times, Chase, Bank of America, PNC, US Bank, PayPal, Disney, NBC, Warner Bros, Netflix, JPMorgan Chase, Bank —, of, Professionals, Justice Department, Northeast . Contractors, Cloudburst Technologies, Facebook, FBI, Mafia, Massachusetts State Police, Monterey Police Department, Police Locations: Massachusetts, Lyme, Tennessee, Wells Fargo, Truist, Silicon Valley, Amsterdam, Northeast, what's, Paxful, Estonia, Korea, Monterey , Massachusetts, Monterey

☆ Zelle Fraud: I Got Scammed Out of $31,000 and My Bank Didn't Care
▼ + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com time to read: +38 min

Because a lot of bank branches were still closed, and the crew wanted their money, he requested that we transfer the money via Zelle. When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.

That's even as he's accused Beijing of pushing TikTok as “digital fentanyl” to Americans and wants the app banned entirely. A spokeswoman for Ramaswamy's campaign defended both the decision to join TikTok and Ramaswamy's criticisms that the app is dangerous. While he is trying to make himself attractive to younger voters, Ramaswamy has promoted policy ideas that would directly target them. It creates short clips criticizing and mocking Republicans and recycles Biden clips originally posted on other social media networks such as Instagram. “I’m hopeful that as more younger conservative candidates run for office, they’ll embrace social media more and be more comfortable with it," she said.

Persons: TikTok, Vivek Ramaswamy, he's, ” Ramaswamy, ”, Tricia McLaughlin, “, Ramaswamy, —, ByteDance, Donald Trump, Joe Biden, Biden’s, recycles Biden, Ryan Calo, Calo, ” Calo, Trump, John Brabender, ” Brabender, Brabender, Clarkson Lawson, Lawson, ” Erica Choinka, Choinka, we’ve, we’re, ” ___ Kinnard, Gomez Licon, Michelle L, Price, Linley Sanders Organizations: U.S, Washington, ByteDance Ltd, Authorities, Democratic National Committee, University of Washington, GOP, Trump, Las, Associated Press Locations: China, Beijing, U.S, France, Iraq, Las Vegas, Florida, Columbia , South Carolina, Miami, New York, Washington

☆ How AI will change the job of the junior banker and raise the bar to entry
▼ + stars: | 2023-09-22 | by ( Bianca Chan | Emmalyse Brownstein | ) www.businessinsider.com time to read: +12 min

But let's face it, many of the tasks junior bankers spend their time on could very well be done by a robot. "As a junior banker you don't critically think. With artificial intelligence progressing by leaps and bounds, how will it impact the job of the junior banker? She said it's already helping junior bankers get their jobs done faster. "It will allow junior bankers to operate at a higher level with that first pass of analysis being prepared by the technology," said Torrente.

Persons: Wall, Tamara Bitticks, it's, Carlo Allegri, Bitticks, Crystal Cox, Peter Torrente, Bogdan Tudose, Morgan Stanley, Tudose, Goldman Sachs, Banks Organizations: Deutsche Bank, Reuters, Deloitte, Industry, Wall, Google, KPMG, Blackstone, JPMorgan, Excel, Getty, Deutsche Locations: Manhattan, San Francisco

☆ Why More Countries Are Adopting Feminist Foreign Policies - The New York Times
▼ + stars: | 2023-09-21 | by ( Lyric Thompson | ) www.nytimes.com time to read: +2 min

When Margot Wallstrom, then Sweden’s foreign minister, announced back in 2014 that her country would pursue a feminist foreign policy, the idea was greeted with skepticism. Ms. Wallstrom was criticized by the foreign policy establishment globally for both her openly activist approach and the perception that she was naïve to the realities of realpolitik. Less than a decade later, 16 governments have formally adopted feminist foreign policies. It took five years for the first four governments — Sweden, Luxembourg, France and Canada — to adopt feminist foreign policies. What feminist foreign policy looks like in practice varies from country to country.

Persons: Margot Wallstrom, Wallstrom, ’, Ms, Canada — Organizations: — Locations: Sweden, — Sweden, Luxembourg, France, Canada, Latin America, Africa, Asia, Germany, Slovenia, Spain, Colombia, Argentina, Netherlands

☆ Britain is tossing aside its last green trump card
▼ + stars: | 2023-09-20 | by ( Neil Unmack | ) www.reuters.com time to read: +4 min

Ahead of a likely national poll next year, the British prime minister is considering watering down the country’s targets for electric vehicles and energy efficiency. Yet the weaker targets would come at a time when the Conservative government’s lackadaisical environmental approach means that green transition momentum is stalling. Faced with these obvious policy gaps, the government’s bold targets at least gave industry and consumers a clear signal that the green transition was inevitable. Weakening them will probably lead manufacturers to delay investment in new car or battery plants, and consumers to put off buying green vehicles. I am proud that Britain is leading the world on climate change.”Editing by George Hay and Oliver TaslicOur Standards: The Thomson Reuters Trust Principles.

Persons: Sunak, Sunak’s, Goldman Sachs, –, Rishi Sunak, ” Sunak, George Hay, Oliver Taslic Organizations: Reuters, BBC News, Conservative, BBC, Thomson Locations: Germany, France, Britain

☆ Best Budgeting Tips for a Big Family With Lots of Kids
▼ + stars: | 2023-09-19 | by ( Jamie Killin | ) www.businessinsider.com time to read: +7 min

She says having a big family is like a birthday party where the guests never leave. People always compare large families to reality-TV stereotypesWhen people hear we're a large family, they immediately compare us to the Duggars, but that's a negative stereotype of big families. Moms of large families are often seen as supermoms, but we have hard days just like everybody else and need help sometimes. Having a big family is like hosting a birthday party every dayHaving a large family is like hosting a birthday party every day. We'd owned our home in Virginia for 16 years, so we hadn't thought about the bias we would face as a large family trying to rent.

Persons: Jane Brosseau, Brosseau, I'm, It's, I've, it's, We're, Fred Meyer, We've, we've Organizations: Service, Walmart, Costco, Facebook Locations: Wall, Silicon, Washington, Northern Virginia, Virginia, East

☆ An artist who turned in two blank canvases titled 'Take the Money and Run' has now been told to repay $75,000
▼ + stars: | 2023-09-19 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

Back in 2021, a Danish artist turned in empty frames after being paid 532,000 kroner by a museum for his art. "I am shocked, but at the same time, it is exactly what I have imagined," Haaning told Danish broadcaster DR on Monday, per NPR's translation. However, Haaning refused, and consequently, the Kunsten Museum took him to court, the Guardian reported. And Italian artist Maurizio Cattelan once sold an artwork featuring fresh bananas he taped onto a wall for $120,000. Haaning and the Kunsten Museum did not immediately respond to requests for comment from Insider, sent outside regular business hours.

Persons: Haaning, Jens Haaning, Lasse Andersson, Insider's Mia Jankowicz, Andersson, they're, Banksy, Maurizio Cattelan Organizations: DR, Service, Guardian, Kunsten Museum of Modern Art, Kunsten Locations: Danish, Copenhagen, Wall, Silicon, Aalborg, Denmark, Italian, Seoul

☆ Why Does the Republican Field All Sound the Same? - The New York Times
▼ + stars: | 2023-09-17 | by ( Katherine Miller | ) www.nytimes.com time to read: +3 min

If we don’t control the border, it might not be our country, Mr. Scott said. We will repel the intrusion with force, Mr. DeSantis said. “I’m sick and tired of being sick and tired watching the weaponization of the D.O.J. “You’re going to have housecleaning at the Department of Justice,” Mr. DeSantis said. It can be hard to remember what made Mr. Trump distinct eight years ago, because it has become the texture of our lives.

Persons: Wallace, Wells, Ramaswamy, DeSantis, Tim Scott, Scott, “, nobody’s, Mr, ” Mr, Joe Biden, Merrick Garland, Christopher Wray, “ You’re, ”, Darius Rucker’s, Trump, naïve, it’s, Iowa’s Organizations: Department of Justice, Bush Republican Party, Disney, Republican, Justice Department Locations: Iowa, New Hampshire

☆ Should I Worry About My Co-Workers Smoking Weed on Break?
▼ + stars: | 2023-09-16 | by ( Roxane Gay | More About Roxane Gay | ) www.nytimes.com time to read: +5 min

The point of work leave is to leave. A Distinct AromaI recently smelled pot smoke on an associate coming back after a break. I do not smoke weed and never have, so I am not very familiar with the new techniques and forms for smoking it and what it may or may not smell like. I foolishly asked a fellow employee (we have fewer than 10) if he thought the guy smelled like pot smoke. Am I naïve, and uncool in thinking it’s unacceptable to smoke weed during coffee breaks at work?

Persons: don’t, — Locations: imploding, Florida

☆ German carmaker stocks dip amid China-EV probe dispute
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

Alternatively, punitive tariffs on imports from China could accelerate Chinese EV makers' plans to build in Europe, analysts said, raising competition for domestic carmakers. "Volkswagen could gain from lower mass-market competition, but is the most exposed ... premium OEMs ...face the risk of retaliation and might see their China-export plans sent awry," he added. By 1210 GMT, the STOXX Europe 600 Auto (.SXAP) index was down 1.46%, while the broader market was steady. BMW, which exports the iX3 from China and plans to export the Mini from 2024, fell 2.08%, with Mercedes-Benz down 1.56% and Volkswagen down 1.83%. Stocks of carmakers Renault and Stellantis, which are less exposed to the Chinese market than their German counterparts, saw smaller dips of 1.33% and 0.81% respectively.

Persons: Annegret, Emmanuel Macron, Daniel Roeska, Bernstein, Danilo Masoni, Victoria Waldersee, Josephine Mason, Thomas Leigh, Michel Rose, Sharon Singleton, David Holmes Organizations: REUTERS, EV, HK, European Commission, Renault, Volkswagen, BMW, Mercedes, Benz, Porsche, carmakers Renault, Thomson Locations: Berlin, Germany, Beijing, China, Europe, France

TORONTO (AP) — Three generations of a Ukrainian family sit in a van in the documentary “In the Rearview.” They stare straightforward, staggered by all they’ve left behind. “I come from an aristocratic family,” one woman says in the film. The biggest battleground isn’t just a war zone but the home. In recent years, Canada has reckoned with its past treatment of Indigenous people, including heinous sterilization programs and forced-schooling systems. “Coming to New Zealand, being Māori, we don’t see enough of ourselves on screen,” Waititi said.

Persons: ”, “, Maciek Hamela’s van, Um Tae, Lee Byung, Ly’s, ” Ly, Oscar, Les, Alexis Manenti, Cameron Bailey, Waititi, ” Waititi, ” Hollywood’s, ” Andrew Haigh’s “, —, Cord, Jeffrey Wright, Hayao, Miyazaki, Alexander Payne’s “, Paul Giamatti, Da’Vine Joy Randolph, Dominic Sessa —, Agnieszka Holland’s “, Raoul Peck’s “, James Baldwin, –, Melvin, Peck, William Tecumseh Sherman, Garrison Frazier, Jonathan Glazer, Rudolf Höss, Christian Friedel, Hedwig, Sandra Hüller, Glazer, Nikolaj Arcel’s “, Mads Mikkelsen, Jonathan Demme’s, David Byrne, Jake Coyle Organizations: TORONTO, Toronto, America Samoa soccer team, “, Twitter Locations: Ukraine, Seoul, South Korea, Paris, Batiment, France, Canada, America, New Zealand, ” Toronto, Venice, New England, Belarus, Poland, Haitian, North Carolina, Georgia, Auschwitz, Denmark, Jutland Heath

☆ UK government under pressure to take tougher line on China amid spying allegations
▼ + stars: | 2023-09-13 | by ( Luke Mcgee | ) edition.cnn.com time to read: +9 min

Sunak’s predecessor Liz Truss called for the government to formally designate China as a threat to the UK. Florence Lo/APUnder the radarBut back to the question at hand: should the events of the past few days affect the UK’s official policy? Despite the arrests, observers believe it is unlikely there will be a sea-change in the UK government’s policy on China. The allegations that China is spying on the UK, in the very heart of Britain’s democracy, is of course a very real concern. But it will not be a surprise to the government, which has baked it into British foreign policy.

Persons: Tom Tugendhat, Tugendhat, Rishi Sunak, Premier Li Qiang, ”, Sunak’s, Liz Truss, Iain Duncan Smith, UK’s, Oliver Dowden, James, Han Zheng, Florence Lo, —, Peter Ricketts, “, doesn’t, ” Ricketts, Christopher Furlong Organizations: London CNN, Sunday Times, Conservative, CNN, Premier, Embassy, Metropolitan Police, Conservative Party, of, People, parliament’s Intelligence, Security, British National Security, Getty, Russia, Diplomats Locations: China, Beijing, New Delhi, London, gossiping, Europe, Hong Kong, South China, Taiwan, Westminster

☆ How Justin Roiland used his ‘Rick and Morty’ fame to pursue young fans, text messages show
▼ + stars: | 2023-09-13 | by ( Kat Tenbarge | ) www.cnbc.com time to read: +22 min

Roiland frequently followed and interacted with the starstruck "Rick and Morty" fans on social media and dating apps. "However, now that the legal case has ended, I'm determined to move forward and focus both on my creative projects and restoring my good name," Roiland wrote. Haha," Roiland wrote. Veronika Sweeney tweeted screenshots of direct messages Roiland sent her in 2014 when she was 22. "But I felt like you weren't okay," Roiland wrote in another text message.

Persons: Justin Roiland, Michael Kovac, Rick, Morty, McDonald's, Roiland, he'd, Andrew Brettler, I'm, Elon Musk —, Ruby, influencers, Janna Waters, Waters, it's, Roiland messaged, Rick Sanchez, …, Jesus Christ, Hailey Long, Long, Veronika Sweeney, Sweeney, wasn't, Uber, RICK, MORTY, Justin, Roiland texted, texted, dicks Organizations: San Diego Comic, NBC News, Squanch Games, NBC, Illinois, biiiiitch, Con, Facebook, Twitter, YouTube Locations: Los Angeles, Roiland, Orange County , California, Boston, Tinder, Roiland's, Massachusetts, San Diego, Raleigh , North Carolina, Pennsylvania

MADISON, Wis. (AP) — A second Republican with little name recognition is entering the U.S. Senate race to take on Democratic U.S. Sen. Tammy Baldwin, whose 2024 push for reelection is expected to be one of the most closely watched Senate contests in the nation. Trempealeau County Board Supervisor Stacey Klein filed to run on Tuesday and said she would make a formal announcement on Saturday. "Definitely not being naive about that.”Klein, 41, grew up on a dairy farm in western Wisconsin and works as a financial adviser. Klein joins Rejani Raveendran, a 40-year-old college student and chair of the University of Wisconsin-Stevens Point College Republicans, as the only announced Republican candidates. Political Cartoons View All 1154 ImagesSeveral other higher-profile Republicans have decided against taking on Baldwin next year.

Persons: —, Democratic U.S . Sen, Tammy Baldwin, Stacey Klein, Klein, “, ”, ” Klein, Rejani, Baldwin, Mike Gallagher, Tom Tiffany, Eric Hovde, Franklin, Scott Mayer, Milwaukee County Sheriff David Clarke Organizations: U.S . Senate, Democratic U.S ., University of Wisconsin, Stevens Point College Republicans, Republican, U.S, Reps, Madison, Milwaukee County Sheriff, Associated Press Locations: MADISON, Wis, Trempealeau, Wisconsin, Milwaukee County

☆ The S&P 500 looks risky and expensive - and could plunge 25% if something shocks the system, Morgan Stanley's stock chief warns
▼ + stars: | 2023-09-12 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

The S&P 500 is priced for perfection and could plunge 25% if problems crop up, Mike Wilson says. Morgan Stanley's stock chief says the outlook for company earnings and the economy is pretty grim. The benchmark S&P 500 and tech-heavy Nasdaq Composite have rallied 17% and 33% respectively this year. He suggested a shock to the system of that kind could send the S&P 500 plummeting from nearly 4,500 points today to the low 3,000s — a drop of more than 25%. AdvertisementAdvertisementIn short, Wilson sees very limited upside and material downside to investing in the S&P 500 today.

Persons: Mike Wilson, Morgan Stanley's, Wilson, Rosenberg, Morgan, China's, Sharp, aren't Organizations: Big Tech, Service, Nasdaq, Federal Reserve, Wall, Bank of, Nvidia, Microsoft Locations: Wall, Silicon, Bank of Japan

☆ Ex-CEO worked 3 jobs to buy a small fixer-upper house—flipping it launched a $265.2 million real estate empire
▼ + stars: | 2023-09-09 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

One of the world's largest real estate companies started out as a side hustle. Then, he acquired a real estate license to save money on commissions, and discovered he had some talent as a broker. Liniger left the military in 1971, moved to Denver and worked for other real estate brokerages before co-founding Re/Max with his soon-to-be wife, Gail. When Liniger launched Re/Max, he was "terribly naive," he says — telling his first employee he "was going to build the largest real estate company in the world." Surround yourself with positive influencesAssociate yourself with people who share your goals, including the desire to succeed, Liniger advises.

Persons: Max, Dave Liniger, Liniger, frugally, Gail, Jim Rohn, Berkshire Hathaway, Warren Buffett, Bill Gates, Gates, Buffett, you've Organizations: CNBC, U.S . Air Force, Indiana University, Re, Berkshire, Microsoft, Columbia University, NASCAR, NASA Johnson Space Center, . Space Command Locations: Denver, U.S, Tucson , Arizona, Colorado

☆ Olivia Rodrigo Has Seen the World Now, and She’s Livid
▼ + stars: | 2023-09-08 | by ( Jon Caramanica | More About Jon Caramanica | ) www.nytimes.com time to read: +1 min

That’s the novel approach of Olivia Rodrigo, a modern and somewhat signature pop star. Her jolting debut album, “Sour,” released a few months later, showed her to be a spiky, vivid writer and singer, but one who hadn’t quite seen the world. Two years later, on her poignantly fraught, spiritually and sonically agitated follow-up album “Guts,” Rodrigo has seen too much. As on “Sour,” Rodrigo, who is 20 now, toggles between bratty rock gestures and piano-driven melancholy. Or as she puts it on “Making the Bed,” “I got the things I wanted/It’s just not what I imagined.”

Persons: Taylor, Olivia Rodrigo, ”, ” Rodrigo, “

☆ Nigeria foreign minister says Africa won't be 'naïve' in trade negotiations with the West
▼ + stars: | 2023-09-08 | 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 EmailNigeria foreign minister says Africa won't be 'naïve' in trade negotiations with the WestYusuf Maitama Tuggar, Nigeria's foreign minister, speaks to CNBC's Tanvir Gill at the G20 summit about how his country can negotiate firmly with the West in trade and other economic issues.

Persons: West Yusuf Maitama Tuggar, CNBC's Tanvir Gill Organizations: Nigeria, West Locations: Africa

☆ Opinion | The Subtlety of J.R.R. Tolkien
▼ + stars: | 2023-09-08 | by ( Ross Douthat | ) www.nytimes.com time to read: +7 min

The devil appears to some people as Lucifer the light-bringer, yes — but his darker visage finds worshipers as well. Ours is no longer the world in which Tolkien grew up, nor even the one in which he spent his last years. Tolkien himself was very careful to note that the Shire is not self-sustaining, dependent as it is on outsiders for security. I obviously endorse this point, but I think the last line undersells how much Tolkien subjected his own pastoral nostalgia to critique. Because Tolkien is a reactionary, the solution to that sickness is the return of a king of ancient lineage.

Persons: Tolkien, Soviet Union didn’t, Adolf Hitler’s, Joseph Stalin, Hitler, Lucifer, unrealism —, Tolkien’s, Philip Larkin, “, King Charles III’s, Niall Gooch, Hobbitism, Bilbo, It’s, Gondor, Anárion, that’s Organizations: Gorgoroth, Jackson Locations: Nazi Germany, Soviet Union, England, Tolkien’s, Isengard, Shire, Britain

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