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CNN —Abdulrahman Adesola Yusuf, the artist also known as Arclight, recalls growing up in a Lagos characterized largely by systemic issues and economic inequality. Artist Abdulrahman Adesola Yusuf uses vibrant colors and patterns in his artworks to depict what he sees as the contradictions of life in Lagos. Abdulrahman Adesola YusufFinding inspirationYusuf, 26, was destined to become an artist. "ORDER & LAGOS: (come on fly with a broken wing)" by artist Abdulrahman Adesola Yusuf, also known as Arclight. Abdulrahman Adesola YusufIn “ORDER & LAGOS: (come on fly with a broken wing),” Yusuf contrasts a bright blue sky as a backdrop with a Black man sitting with arrows piercing his wings.
Persons: Abdulrahman Adesola Yusuf, Lagos, Yusuf, , Magdiel Lopez, ” Yusuf Organizations: CNN, ART X Lagos, LAGOS, ORDER Locations: Lagos, Cuban, Nigeria
“It’s not right for the rest of us to tell our basket weavers how to weave their baskets,” he said. For Horton, the professor, Keyser’s story is important to understanding her baskets, if not in the way the Cohns intended. Image Abe Cohn outside of his Emporium in Carson City, Nev., in 1923, holding two of Louisa Keyser’s baskets. Another, titled “Brotherhood of Men,” was the one the Ellis Gallery sold in 2007 for $1.2 million. Then as now, the degikup evident in four of the show’s baskets is a source of much of the enthusiasm around them.
Persons: Herman Fillmore, “ It’s, , Horton, Abe Cohn, Louisa Keyser’s, Donald Ellis, Ellis, Keyser, Organizations: of, Ellis Locations: Washoe Tribe, Nevada, California, Washoe, Carson City, Nev,
Here are the meanings of the least-found words that were used in (mostly) recent Times articles. — Ireland’s Medieval Beacon (April 16, 1995)2. natant — swimming or floating (and a frequent guest on this list):I love the word natant. — Mexico’s Last Countercultural Coast (Feb. 3, 2020)6. tali — plural of talus, an ankle bone:T.I.L. (Today I Learned) that tali is another word for “anklebones.” — Long Story Short (Jan. 3, 2022)7. atilt — askew:The facade is atilt, the S.U.V. Wrestler Taps In Against Concussion Deniers (Oct. 26, 2022)The list of the week’s easiest words:
Persons: abbacy, Norman Leinster, , peplum, hegemon, tali —, tali, ” —, atilt — askew, Stacey Abrams, , , Alessio Mortelliti, tallit — Organizations: Sun, , University of Maine, National Science Foundation, Dolphins Locations: Glendalough, abbacy, China, Beijing, lantana, California, tatters, Ukraine
Chanel’s Unexpected CEO Is Reinventing the Company When it came time to hire a new CEO, the luxury fashion house made a surprisingly bold choice in Leena Nair“If somebody told me I would have the chance to do what I’m doing today, I would not have believed them,” Nair says of taking the CEO role at Chanel. Andy Warhol, ‘Chanel,’ 1985, from the Ads series, acrylic and silkscreen ink on canvas, 22 x 22 inches, © The Andy Warhol Foundation for the Visual Arts / Artists Rights Society (ARS), New York / Ronald Feldman Gallery, New York (6)
Persons: Leena Nair, ” Nair, Chanel, Andy Warhol, ‘ Chanel, Ronald Feldman Organizations: Andy Warhol Foundation, Visual Arts, Artists Rights Society Locations: New York
Usyk knocks out Dubois in nine after low blow controversy
  + stars: | 2023-08-26 | by ( ) www.reuters.com   time to read: +3 min
[1/4] Boxing - WBA, IBF & WBO Heavyweight Titles - Oleksandr Usyk v Daniel Dubois - Tarczynski Arena, Wroclaw, Poland - August 26, 2023 Oleksandr Usyk celebrates with the belts after winning his fight against Daniel Dubois REUTERS/Kacper Pempel Acquire Licensing RightsSummary Usyk retains heavyweight titles and remains unbeatenDubois counted out after second knockdown'Low blow' controversy erupted in round fiveBriton says he was 'cheated' of victoryWROCLAW, Poland, Aug 26 (Reuters) - Ukraine's Oleksandr Usyk knocked out British challenger Daniel Dubois in nine rounds on Saturday to retain his WBA, IBF and WBO heavyweight boxing world titles in a fight overshadowed by a low blow controversy. The referee ruled it a low blow and told Usyk to take his time as he remained on the canvas grimacing and shaking his head, with the round eventually continuing. Dubois, who lasted longer than expected but took some big blows with blood oozing from his nose early in round nine, said the blow was legal. The Ukrainian said he was now ready to fight WBA heavyweight champion Tyson Fury if the Briton was willing. "The strength of our people as mighty as Oleksandr Usyk, the strength of our friends as solid as Daniel Dubois."
Persons: Oleksandr Usyk, Daniel Dubois, Kacper, Dubois, Luis Pabon, Usyk, I've, Frank Warren, Tyson Fury, Will Tyson Fury, Dubois's, Volodymyr Zelenskiy, Zelenskiy, Alan Baldwin, Ken Ferris, Pritha Organizations: WBA, IBF, WBO, Tarczynski, Daniel Dubois REUTERS, Puerto, TNT Sports, Briton, Thomson Locations: Wroclaw, Poland, WROCLAW, Puerto Rican, Russia's, Ukraine, London
In this article GPS Follow your favorite stocks CREATE FREE ACCOUNTPedestrians walk past Old Navy and GAP stores in Times Square, New York City. The company is projecting net sales to decrease in the low double-digit range for the fiscal third quarter compared to last year's net sales of $4.04 billion. Sales declined 6% at Old Navy, on top of a sharp 13.6% decline in the prior-year period. Gap is betting Dickson can breathe new life into Gap's brands: its namesake banner, Old Navy, Banana Republic and Athleta. "We know that regardless of market conditions, strong brands, brands that matter, win," said O'Connell.
Persons: Drew Angerer, Katrina O'Connell, Neil Saunders, StreetAccount, Richard Dickson's, Mattel's Barbie, Dickson, Here's, Chris Blakeslee, Alo Yoga, O'Connell Organizations: Navy, GAP, Refinitiv, Old Navy, Mattel, Banana, Republic Locations: Times Square , New York City, Banana Republic, women's, men's, Gap China, North America
One Black, one white. In 1995, Ruth J. Simmons, the elder of the two, became the first Black president of Smith, one of the largest of the Seven Sisters colleges. But that wasn’t her last first; in 2001, she left Smith to take the helm at Brown University, making history again by virtue of both her race and her gender — the first Black woman to lead an Ivy League institution, which she did until 2012. In 2007, Drew Gilpin Faust was named the first woman president of Harvard University, a post she held until 2018. As the youngest of 12 children, she had a comparatively easier time because she was the baby of the family.
Persons: Drew Gilpin, Ruth J, Simmons, , Smith, Drew Gilpin Faust, She’s, , Read, , ” Simmons Organizations: Seven, Brown University, Ivy League, M University, Harvard University, American Locations: Texas, East Texas
Even though fair condition bags, shoes, and accessories show signs of heavier wear, The RealReal’s report said demand for fair condition bags is up 130% this year. For example, a Chanel flap bag in “fair condition” is $4,900, but in “excellent” could cost 65% more, or about $8,000. But, with the recent rise in fair condition, shoppers have embraced imperfection. They’re willing to buy older, worn items that are made well and still remain beautiful, and they wear them with pride,” said McCandless. Within certain fashion circles, the worn look has become a badge of honor,” she said.
Persons: Alexander McQueen, aren’t, Rati Sahi Levesque, Samantha McCandless, , McCandless, , Millennials, Z, “ We’re Organizations: New, New York CNN, CNN Locations: New York
Chewy's portraits are popular on social media . We also spoke with four Chewy artists who talked on the condition of anonymity, citing fears of retaliation from Chewy and fellow portrait artists. The mysterious Chewy portrait artistFinding a Chewy artist is a lengthy quest for the most enduring online sleuths. Artists told Insider Chewy had withheld artists' information even when both the customer and the artist mutually requested the company share it. AnonymousThe Chewy artists Insider spoke with estimated that their 6-by-6-inch acrylic paintings would be worth between $50 and $70 each if they sold them independently.
Persons: Chewy, they're, Allison Gray, Gray, , I've, I'm Organizations: Service, Artists Locations: Wall, Silicon, Chewy
By Erika VeurinkA wedding registry is a couple’s chance to creatively express the kind of life you hope to create together. If you’re a bride or groom to be, you can easily add a link to these eye-catching utensils to your Zola registry. Add the link to the multipurpose pressure cookware to your registry on Zola, or shop it at Amazon or Walmart. Add this link to your Zola registry (and browse other local gift options) and your guests can send a wedding-week-pick-me-up or gift an ongoing subscription. And if you don’t know where to start, Bloomingdale’s wedding registry checklist will help you narrow down what you need.
Persons: Erika Veurink, Zola, , Maria Del Russo, servingware, Simone Silverman, Silverman, Del Russo, , Margaux, Alexandra Daniel, Daniel, Dyson, Holly Liss Jammet, Jammet, Jones, Great Jones, Tricia Lowenfield, Sarah Swann, napkins Swann, Gregory Blake Sams, You’ll, you’d, Sams, Christolfe, Coffee, Anbouba, Neiman Marcus, Delaney Lundquist, she’s, Lundquist, Lily Sullivan, ” Sullivan, Hawkins, Food52, Sullivan Organizations: New, Margot Magazine, Designs, Zola, Elle, Walmart, ” Investment, , Farmers, tote, Courtland, Co, Target Locations: Zola, New York City, Florida, Italy, Flamingo, Los Angeles, Great, York, City, Charleston, S.C, Sur, Charlotte, N.C, Brooklyn, N.Y
But where others see trash, 37-year-old Nigerian artist Chibuike Ifedilichukwu sees opportunity. He creates portraits of celebrities from discarded aluminum cans, making a bold statement about waste management in the country. One day in 2021, while accompanying his wife to an antenatal clinic, Ifedilichukwu says he stumbled upon a pile of dumped plastic strips. I found that nobody does this pattern of art,” Ifedilichukwu told CNN. Although he wears gloves when he works, he says he’s been cut many times by sharp-edged cans, craft knives, scissors, needles and steel wire.
Persons: Chibuike Ifedilichukwu, Ifedilichukwu, , ” Ifedilichukwu, Chibuike, , Cardi, Chimamanda Ngozi Adichie, Don Jazzy, Greta Thunberg, Leonardo di Caprio, Davido, Ifedilichukwu Ifedilichukwu, he’s, “ It’s Organizations: CNN —, CNN, Ifedilichukwu Locations: Nigeria, Anambra, Awka
Lucía Vidales didn’t intend to be a painter, at least not a traditional one. When she enrolled as an undergraduate at the National Institute of Fine Arts in her native Mexico City, she thought of painting as “conservative,” she says. At the time, the artist, now 37, was working mostly with garbage and other found objects, continuing a practice she had begun as a teenager living in Hong Kong, where she attended an international high school on a scholarship: “I didn’t want to relate my work to canvas or frames.”That changed as she learned more about art history, especially the era of pintura virreinal (“viceregal painting”) that spanned Spanish colonization to Mexican independence. Vidales — who now resides in Monterrey, where she is an instructor at the University of Monterrey — says she became intrigued by the “tensions between Hispanic traditions in terms of technique, iconography and how they understood the world.” She began to wonder how her own work could relate to a cultural canon that, however fascinating, she says, “is so problematic and kind of foreign and violent.”
Persons: Lucía, , , Vidales —, University of Monterrey — Organizations: National Institute of Fine Arts, University of Monterrey Locations: Mexico City, Hong Kong, Monterrey
Paintings by Chuck Close once sold for as much as $4.8 million. He offered the painting to Sotheby’s, which scheduled it for auction last December but then withdrew it because Mr. Close’s studio and longtime gallery had no record of the painting. Instead of a jackpot, Mr. Herman had a bill for $1,742, for stretching the canvas onto a frame. “One reader commented that I was the Dude redux,” Mr. Herman said, referring to the lovable stoner in the Coens’ “The Big Lebowski.”He so is. Mr. Herman passed.
Persons: Herman, Chuck Close, Caroline White, White’s, Mr, Herman said, Alfred Fuente —, , , Close’s, Taylor Curry Organizations: University of Massachusetts, New York Times, Heritage Locations: Chelsea, New York
This luxury tent camp has celestial credentials
  + stars: | 2023-08-09 | by ( Marnie Hunter | ) edition.cnn.com   time to read: +2 min
Now, for the first time, there’s lodging with official “dark sky” credentials. The two-person Stargazer tent features a window over the head of its king-size bed for optimal night-sky viewing. The glamping resort is located on a canyon rim plateau in southern Utah with sweeping views of the landscape. Travis BurkeSafari-inspired luxury canvas tents are available in a variety of configurations, including the two-person stargazer tent that has a viewing window positioned over the head of its king-size bed. Under Canvas Lake Powell – Grand Staircase rates this year range from $329 to $449 per night through the season’s end on October 30.
Persons: DarkSky, ” Ruskin Hartley, ” Ruskin, Travis Burke Organizations: CNN, DarkSky International, Sky, CNN Travel Locations: Utah, Arizona, Lake Powell
London CNN —A graffiti wall in London’s bustling street art hub of Brick Lane has become an unlikely canvas for protest messages against China’s authoritarian rule, after it was whitewashed and painted over with propaganda slogans promoting Chinese Communist Party ideology. On Chinese social media, some supporters argued the young Chinese artists were exercising freedom of expression and applauded them for “exporting” Chinese culture and values. By Sunday, the slogans had been overlaid with a flurry of new graffiti that was deeply critical of both Xi and the Chinese Communist Party. A grafitti wall in Brick Lane was whitewashed and painted over with red slogans promoting China's "core socialist values." There’s no one leader or anything, but everybody’s expressing their dissenting views against the Chinese Communist Party,” he said.
Persons: , Xi Jinping, , Critics, Xi, George Orwell’s, , Milan, Lyndon Li Shixiang, Ivana Kottasova, Yi Que Organizations: London CNN, Chinese Communist Party, Communist Party, CNN, Milan Kundera, Hong Locations: Brick, China, London –, Britain, Lane, London’s, Hong Kong, Xinjiang, Tibet, Tiananmen, Hamlets, London, Australian
Edtech venture capital funding in 2023 may be on pace for its lowest annual total since 2016. The one exception to this edtech funding dropoff is in AI tools for education and upskilling. This puts the estimated total funding for 2023 at only $3.5 billion, the lowest annual total since 2016, according to HolonIQ. Additionally, there has not been a single edtech "mega round," or a startup funding round valued at over $100 million since 2022, with the exception of the Indian edtech unicorn Byju's $250 million fundraise this spring. Pujji and Mushin also indicated that AI edtech deals were the exception in this slowdown period.
Persons: VCs, It's, Vinny Pujji, Iynna Halilou, Leeor Mushin, Avalanche's Katelyn Donnelly, Mushin, they've, Chegg's, Cheggmate, Khan, Pujji Organizations: Left Lane Capital, Global, Bloomberg, Investors
Make it a cool pickle summer with this easy method
  + stars: | 2023-08-05 | by ( Casey Barber | ) edition.cnn.com   time to read: +8 min
Sure, you can preserve food with a more advanced water-bath canning method, especially if you’re planning to save your summer pickles for up to a year. Or add pickled vegetables such as green beans or cauliflower to a grain salad or grain bowl as a topping. While pickled vegetables are always welcome in pasta salad (and potato salad, for that matter), they also bring an unexpected zing to hot pasta recipes. Or add pickled shallots, broccoli or peppers to pesto-sauced noodles. And when it’s too hot to think of anything else to do, there’s always “snack dinner” with a variety of pickled vegetables to save the day.
Persons: CNN —, chow, Pickles aren’t, Kadir Kemal Behar, don’t, Dill, tarragon, Deb Lindsey, I’ve, Gregory Rec, there’s, Casey Barber Organizations: CNN, Anadolu Agency, Washington Post, Portland Press Herald
CNN —This week, by far the most feverishly discussed outfit didn’t come from a member of the Kardashian clan or an off-duty model. Instead, it was Kristina Avakyan (known on TikTok as @subwaysessions), a New York resident who pushed the boundaries of style with a look that was anything but average. In a TikTok that’s now been watched over 1.9 million times, Avakyan paces across her runway (the 6 train subway platform) in what has become a deeply polarizing outfit. The outfit has been seen over 1.9 million times on TikTok and 62 million times on Twitter this week. The phrase “#personalstyle” has more than 858 million views on TikTok, and in 2022 the New York Times fashion critic Vanessa Friedman wrote about how to capture it.
Persons: didn’t, Kardashian, Kristina Avakyan, , , Adam Sandler collab, Carrie Bradshaw, Avakyan, Vanessa Friedman, Tan, Doja Cat, Heliot Emil Organizations: CNN, Twitter, City, HBO, Everett, New York Times, Paris Couture Locations: New York, TikTok, Tan France, Danish
The flavors and textures meld. No one component stands out. If you’re not using “a whole bottle of olive oil” when making eggplant Parm, he said, then what are you even doing? Like Elton John and Kiki Dee, Ms. Rito and Mr. Tacinelli finish each other’s sentences, often talking simultaneously — not over each other, but through. When asked, for instance, about the difference between Italian and Italian American food, the couple, who co-wrote the 2021 cookbook “Italian American,” baton-passed the answer.
Persons: Scott Tacinelli, Don Angie, Rito, , Elton John, Kiki Dee, Tacinelli Locations: Italian American
But in Round 2, a quick exchange of punches ended with a short right jab from Crawford that put an off-balance Spence to the canvas. Spence opened the next round on offense, as if to prove the punch had not damaged him. As the punch traveled toward Crawford’s head, Crawford fired a short, sharp right hook that dropped Spence a second time. For Crawford, the result was a lesson on the value of turning defense into offense. Spence had hinted that the Crawford bout would be his last in the 147-pound welterweight division.
Persons: Crawford, Spence, Harvey Dock, , , ” Spence, Cody Crowley, Jaron Ennis Locations: Crawford’s, Philadelphia
According to Drew, industry practice now involves detailed notes of the materials and techniques used to restore a piece. The hope is that these notes will stay with the painting into its new life for years to come. Sometimes it is a faulty repair, like in the painting Drew is working on, or sometimes the material simply ages poorly. "[People] would use materials that would change differently from the original materials because they weren't thinking about reversibility, they could be quite difficult to remove," Khandekar said. "Now, we want to use things that stay soluble that can be easily taken off without damaging or changing the original material."
Persons: Drew, conservators, Khandekar
The downside of car camping is the fact that these campgrounds are often packed to the rafters with other campers. While RV camping may seem like a recent phenomenon, it’s actually been around for more than 100 years. Among the websites that list RV campgrounds and post very useful user ratings are RVshare/Hipcamp, RV Life and Good Sam. Other than maybe car camping, it requires the least expense and equipment. The U.S. Forest Service and Bureau of Land Management has set aside areas for free camping in national forests, national grasslands and BLM-managed lands.
Persons: Millennials, It’s, Pierce, Arrow, Marchi, that’s, Sam, Hemingway, glamping, Joe Yogerst, Organizations: CNN, Kampgrounds, Financial, Great Britain Tourism Survey, Goods, Marchi Mobile, Trail, Hollywood, Autocamp, California redwoods, Getty, U.S . Forest Service, Land Management Locations: U.S, Canada, American, Great Britain, Cavan, Germany, Patagonia, Himalayas, South Africa, New Zealand, Europe, Cape Cod, Desert, Glamping, Northumberland, England, Elena, Rio, Big Bend, McCarty, Kenai, Parks
[1/2] U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. July's reading showed the sixth straight month of growth but was restrained by softening conditions in the service sector. The euro slid after PMI data showed euro zone business activity shrank much more than expected in July. The pound also dropped after British business activity data, but its move was less dramatic. There is plenty more for investors to watch this week - the Federal Reserve concludes a meeting on Wednesday, followed by the European Central Bank (ECB) a day later and the Bank of Japan on Friday, as well as earnings from many heavyweight companies.
Persons: Dado Ruvic, Joe Manimbo, bitcoin, Laura Matthews, Tom Westbrook, David Holmes, Jacqueline Wong, Susan Fenton Organizations: REUTERS, P Global, Washington D.C, ECB, PMI, Reserve, European Central Bank, Bank of Japan, Investors, Fed, Reuters, Thomson Locations: York, LONDON, U.S, Europe, Washington, United States, New York
But prison patrol dogs aren't deployed for chases; they are used inside the prison walls. Tri-State Canines training facility, Warren, OhioVirginia Department of Corrections patrol dogs are typically Belgian Malinois, Czech shepherds, or German shepherds. Department patrol dogs are trained to bite once and hold to minimize flesh tears and lacerations. Patrol dog kennels, Virginia Department of CorrectionsThe patrol dog kennels are even smaller, at 6 feet by 10. A veterinary technician who treated patrol dogs at a clinic in Lebanon, Virginia, said she was told not to touch the patrol dogs in her care without their handler present.
Persons: Santos Cardona, Michael Smith, Smith, Marco, crouch, Mohammed Bollendia, protectively, Ashraf Abdullah Ahsy, Ivan L, Frederick II, Cardona, Abu, John Ketzer, Ketzer, Michael J, Donald Rumsfeld, Rumsfeld, Abu Ghraib, Lane McCotter, Gary DeLand, Terry Bartlett, Richard Billings, Larry DuBois, John Armstrong, Terry Stewart, Charles Ryan, Ryan, Stewart, Adrian Duran, cradled, Duran he'd, Duran, Blackie, growled, he'd, It's, extractions, they're, Jerko, Jeremy Defour, Bert, Antwon Whitten, Virginia, Peter C, Meade, , Oikeutta eläimille, Dave Blosser, Blosser, Eli Hiller, he's, Matthew Johnson, Oscar, Johnson, Oscar growled, Boris, Cajos, Linwood Mathias, Lucas Pruitt, Mathias, Xavia Goodwyn, sicced Lojzo, Edris, Michael Watson, Watson, Thomas Rose, Rose, Goodwyn, Red, Rick White, Ron Angelone, Wallens, Tyler Parry, Charlton Yingling, Parry, Eugene, Bull, Connor, Bill Hudson, Yingling, Solomon Northup, Solomon, Walter Gadsden, Malcolm X, Michael Brown, Ferguson, They're, Jeffery, White, Curtis Garrett, Garrett, Kathleen Dennehy, Dennehy, Aaron Fedor, Jimmy Stanley, Dora Schriro, Schriro, Omar, Dionisio Paulino, Paulino, Robert Silva, Adrian Duran's, Adrian Duran Duran, Adrian, unwound, Sussex II, Whitten, Western District of Virginia Jeremy Defour, Defour, Kenneth Licklider, Chris Robbins, Rivan, she'd, They've, Stephen McReynolds, McReynolds, Daniel Clinton, Tom, Clinton, basketballs, Clinton's, Fuga, Jamie Elliott, Elliott, Duran couldn't, Bodhi, Jamie, Jawan Lee, Lee, Lee's Organizations: US, Business, Associated Press, Department of, Rights, Department, Justice, Department of Justice, Virginia Department of Corrections Police, Human Rights Watch, Virginia Department of Corrections, University of Virginia School of Law, Sussex II, Police, Kern Medical, Arizona Department of Corrections, Rehabilitation, The Indiana Department of Correction, Delaware Department of Correction, South, New Jersey Department of Corrections, Tri, Warren , Ohio Virginia Department of Corrections, State Canine Services, Court, Western District of, Red, View Regional, Onion, North Correctional Center, Corrections, Goodwyn, FBI, Ku Klux Klan, Human Rights, University of Nevada, University of Louisville, AP, Breeders, Ferguson Police Department, Souza, Baranowski, Commonwealth, Baranowski Correctional, Prentice, Black, United States, District, Massachusetts, Housing, Virginia Commonwealth University Health, Virginia, Housing Unit, Patrol, Southwest, Southwest Virginia Veterinary Services Locations: Abu Ghraib, Iraq, Belgian, Baghdad, Abu, United States, New Mexico, Utah, DeLand, Billings, Bartlett, Arizona, DuBois, Massachusetts, Armstrong, Connecticut, Arizona , Connecticut, Delaware , Indiana , Iowa , Massachusetts , New Jersey, Virginia, Alexandria , Virginia, Los Angeles, backyards, Sussex, lunging, Indiana, Richmond , Virginia, Iowa, Augusta, Ridge, New Jersey, South Woods, Warren ,, Czech, Europe, , Virginia, Western District, Western District of Virginia, Warren , Ohio, Holland, Tri, Canton , Ohio, Wallens, Onion, Red Onion, View, Norton , Virginia, Portsmouth , Virginia, Kentucky, Birmingham , Alabama, Las Vegas, Americas, Caribbean, American, Ferguson , Missouri, Lancaster , Massachusetts, Richmond, Lebanon , Virginia, Southwest Virginia, Lebanon, Waverly , Virginia, chihuahua
CNBC's Jim Cramer said he thinks tech giants Netflix and Tesla will be only temporarily dinged by their stocks' drops on Thursday and will rebound. He said Netflix is transforming its business model into a streaming service with a cheaper subscription plan that includes advertisements. According to Cramer, Netflix has shown that it can make more money with consumers using its ad-tier plan than its pricier traditional subscription. He said he thinks this plan will enable Netflix to raise its subscription prices while also making money on ads. Although the project is still in its infancy, Cramer thinks it will be a game-changer for Netflix's profitability.
Persons: CNBC's Jim Cramer, Tesla, Elon Musk, Cramer, you've, shouldn't, we've Organizations: Netflix, Tesla, Nasdaq
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