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☆ 10 years ago they were fast food workers making roughly $8 an hour. 'Fight for 15' changed their lives.
▼ + stars: | 2022-12-04 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

Ten years ago, fast food workers took to the streets of New York to strike for a $15 minimum wage. He was making $7.25, the minimum wage at the time. It was just like, oh no, raising the minimum wage, especially for fast workers, are you crazy? Since the launch of Fight for 15 ten years ago, the federal minimum wage hasn't budged. In California, where Perez works, the minimum wage is now $15 an hour for employers with 26 or more employees.

☆ Ukraine has wrecked Russia's invasion plans, and these game-changing weapons have helped them do it
▼ + stars: | 2022-12-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +2 min

Western countries have sent Ukraine a variety of weapons to help it fend off Russia's invasion. At various stages of the war, certain systems have proven to be decisive and critical for Kyiv. These weapons include anti-tank weapons, drones, and rocket artillery systems. "If it were not for Western security assistance to Ukraine, Russia would've already won the war." Here are some of the game-changing weapons that have helped Ukraine spoil Putin's invasion plans and even turn the tides of the war.

☆ Meet 12 Republican officials crusading against BlackRock and ESG investing
▼ + stars: | 2022-12-01 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +14 min

A group of vocal conservative officials are criticizing aspects of ESG investing. Players in the ESG ecosystem, like S&P Global and BlackRock, the world's largest money manager and an influential proponent of ESG investing, are often the subject of their critiques. Instead, officials often paint large financial firms' ESG strategies as functions of left-leaning agendas. Here are key GOP players who are taking aim at ESG investing. Abbott, who is seeking reelection in November, was early to denouncing ESG investing.

☆ This 31-year old investor nearly quadrupled his multifamily housing empire from California to Texas in just 3 years
▼ + stars: | 2022-11-30 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +4 min

Sean Kia is one of Insider's Rising Stars of Real Estate for 2022. He applies the Ford production model to real estate. Just three years ago, Tides owned $2 billion in the apartment properties. He's been checking those boxes since he got a start in Phoenix, which became home to some of the company's bread-and-butter investments. The typical renter had been paying only 20% of their income on rent, which represented "really good affordability," Kia said.

☆ Malaysia's new prime minister Anwar Ibrahim vows to unify the country and fight corruption
▼ + stars: | 2022-11-25 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +4 min

watch nowNew prime minister Anwar Ibrahim has pledged to make "Malaysia for all Malaysians," fight corruption and reiterated that he won't be taking a salary as Malaysians battle rising costs of living. International relationsCongratulations poured in from leaders from all over the world including Indonesian President Joko Widodo and Singapore Prime Minister Lee Hsien Loong. Malaysia's Anwar Ibrahim takes his first press conference after being appointed prime minister. Perikatan Nasional won 73 seats and was runner-up to Anwar's Pakatan Harapan which won 82 seats. Prime Minister Anwar Ibrahim swron in by Malaysia's King Sultan Abdullah Sultan Ahmad Shah on Thursday Mohd Rasfan | Afp | Getty Images

Lee County suffered none of the state’s 123 Irma deaths. That experience influenced many people’s decisions not to flee Hurricane Ian. “Hurricane Ian is going to be the strongest outreach messaging for southwest Florida ever,” said Gleason, the Charlotte County spokesman. “When you live through it, then that message sinks in deep and forever.”A view of the Matanzas Pass side of Estero Island, home to Fort Myers Beach, Fla. Fort Myers Beach is expected to take years to rebuild. Thomas Simonetti for NBC NewsMichael Yost's two closest friends in Fort Myers Beach drowned in Hurricane Ian.

☆ The softening of real estate prices in the hottest pandemic markets only confirms that the surge in remote work created the illusion of a housing shortage
▼ + stars: | 2022-11-22 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

Their presence led to a run-up in housing costs and real estate investor activity. But elevated home prices are "being misinterpreted as a shortage" says Erin Sykes, economist for Nest Seekers. "I'm not convinced there is a housing shortage, more so a mismatch of housing types and locations," she told Insider. According to an October housing report from ATTOM, institutional investors nationwide accounted for only 6.7% of housing inventory in the third-quarter of 2022 — down from the 8.4% seen in Q3 of 2021. As homebuyer and investor activity fades, and more employers call workers back into the office, Sykes says the so-called housing shortage could be on its last leg.

☆ 100-hour workweeks and a bit of luck: How a 25-year-old CEO raised $50 million for his new drug discovery startup
▼ + stars: | 2022-11-22 | by ( Andrew Dunn | Sarah Braner | ) www.businessinsider.com time to read: +10 min

In June, Charm said it raised $50 million, valuing the firm at $100 million to $150 million. Charm has raised $50 million from top investorsDemis Hassabis, the CEO and a cofounder of DeepMind Technologies. In the spring, Aithani raised the $37 million million round that was announced in June, with investors like Khosla Ventures and General Catalyst joining OrbiMed and F-Prime Capital. The raise values Charm at between $100 million and $150 million, Aithani said, and brings the company's total funding to $50 million. This article was corrected on August 19 to show that Charm has raised two rounds of funding totaling $50 million.

☆ Venice kept dry as dam system wards off exceptional high tide
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +2 min

[1/4] A view of St. Mark's Square during exceptional high tide as the flood barriers known as Mose are raised, in Venice, Italy, November 22, 2022. REUTERS/Manuel SilvestriVENICE, Italy, Nov 22 (Reuters) - A dam system built to protect Venice and its famous Piazza San Marco from flooding withstood the challenge of an exceptionally high tide on Tuesday as heavy rains swept across Italy. However, the Mose, a system of 78 flood gates rising from the Venetian lagoon floor, was activated in advance overnight, shielding the city from the high waters seen at sea. "If the Mose barriers had not been there, Venice would have been catastrophically under water," Italy's Transport Minister Matteo Salvini said. High tides are expected to last well into Wednesday and Thursday, with a tide of up to 140 cm forecast for both days.

☆ 3 major predictions for real estate in 2023, according to a 17-year Wall Street veteran who also lists 10 cities that could see the most and least price corrections
▼ + stars: | 2022-11-17 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

T here will be disparity in price corrections for homes listed above and below median home prices. in price corrections for homes listed above and below median home prices. Rising mortgage rates will increase demand for affordable homes and reduce their supply, he said. On Monday, 30-year fixed mortgage rates were at 7.08% in the US, more than double where they were a year ago. Rising mortgage rates will increase demand for more affordable properties and reduce their supply, he said.

☆ Amid mass layoffs, the Big Tech dream job is losing its luster
▼ + stars: | 2022-11-17 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

For decades, Silicon Valley tech darlings like Google, Apple, Facebook and Twitter set the gold standard of making it in the tech space. "Clearly layoffs changed the perception of Snap as a choice employer," Chen says, "and we see that same trend throughout large companies. An employer's brand reputation is a big deal for tech workers who know their skills are in-demand: Nearly 90% say an employer's brand is important when they're considering a new job, and nearly 80% wouldn't apply to a higher-paying job at a company with a bad reputation, according to a July survey of 950 people by Dice, a career site for tech workers. So far, as some companies face turmoil in recent weeks, Google, Atlassian, Salesforce and TikTok remain "employers of choice" among tech workers on Blind. Despite layoffs, tech workers still have a lot of options

☆ Former WH Press Sec. Jen Psaki said Donald Trump is a 'loser' who cost seats for Republicans in the midterms
▼ + stars: | 2022-11-12 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Jen Psaki said former President Donald Trump is a "loser" after Tuesday's disappointing GOP results. Ron DeSantis may be the path forward for the Republican party. He cost seats for the Republicans in the House and Senate," Psaki said, noting that Trump is "still winning among Republican primary voters." Ron DeSantis, who easily won reelection on Tuesday with nearly 60% of the vote. "The magic of Ron DeSantis – who had a very good week, I think we can all agree – it hasn't played out yet.

Florida's east coast was placed under hurricane watch Monday as Subtropical Storm Nicole moved in its direction with maximum sustained winds of 45 mph. The storm, currently 520 miles east of the northwestern Bahamas, is expected to approach Florida's east coast by Wednesday night. A hurricane watch has been issued for Florida's east coast along Volusia and Brevard counties all the way south to Hallandale Beach near Miami, according to the National Hurricane Center. There's a storm surge watch for the east coast of Georgia and Florida from the Altamaha Sound to Hallandale Beach. A tropical storm watch for the northwestern Bahamas was upgraded to a hurricane watch Monday.

☆ I got 3 job offers 3 weeks after I was laid off from my role as head of HR. Here's the exit strategy that helped me rebound fast.
▼ + stars: | 2022-11-05 | by ( Madeline Mann | ) www.businessinsider.com time to read: +8 min

However, she had created an exit strategy a year prior and was able to land 4 interviews a week after being let go. I followed the exit strategy I had crafted a year beforeThat next week, I had four job interviews, all with promising companies. I specifically coach people to focus on career security vs. job security, and it's an important distinction to make. Career security is recession-proofing and layoff-proofing yourself so that when you lose your job you aren't desperately job searching, but confidently job shopping. Very few people plan ahead in the good times, and most people don't know how to plan ahead — most don't know what they want.

☆ Hurricane Lisa edges close to Belize barrier reef, major port
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +2 min

Nov 2 (Reuters) - Hurricane Lisa will strike coastal Belize Wednesday afternoon, the U.S. National Hurricane Center (NHC) predicted, edging very close to the country's barrier reef before it moves across northern Guatemala and southeastern Mexico. Weather models show Lisa's heavy rains and dangerous winds likely targeting some top tourist destinations in Belize, Guatemala and Mexico's Caribbean-facing Yucatan Peninsula, dotted by beach resorts, pristine coral reefs and Mayan ruins. The Category 1 hurricane was about 35 miles (60 km) east-southeast of Belize City, a major port, packing maximum sustained winds of 80 miles per hour (130 km per hour), the Miami-based NHC said in a bulletin. Belize's national emergency organization said borders would close at 2 p.m. (2000 GMT), with ports and airports shuttering. President Alejandro Giammattei of neighboring Guatemala told a news conference food rations were being sent to vulnerable areas.

☆ Hurricane Lisa strikes coast near top Belize port
▼ + stars: | 2022-11-02 | by ( Jose Sanchez | ) www.reuters.com time to read: +3 min

BELIZE CITY, Nov 2 (Reuters) - Hurricane Lisa bore down on Belize on Wednesday, the U.S. National Hurricane Center (NHC) reported in a bulletin, predicting it will later move across the jungles of northern Guatemala and southeastern Mexico. Weather models show Lisa's heavy rainfall and powerful winds will likely target tourist destinations in Belize, Guatemala and Mexico's Caribbean-facing Yucatan Peninsula, dotted by beach resorts, pristine coral reefs and Mayan ruins. The eye of Lisa, now at Category 1 strength, is currently located about 5 miles (8 km) south of Belize City, the tiny Caribbean country's commercial hub, as it churns westward. Palm trees buckled as winds picked up in the Caribbean port city, as residents reported water and power outages plus some flooding. The Belize government's emergency services announced on Wednesday afternoon a state of emergency including a curfew across two districts covering large swathes of its Caribbean coast through Thursday.

☆ 'God Forbid' review: Giancarlo Granda opens up about the Falwells in Hulu documentary
▼ + stars: | 2022-11-01 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +3 min

Granda proceeded to have a long relationship with Becki Falwell, alleging that her husband was fully aware of the arrangement throughout, and endeavored to create real-estate opportunities for Granda in part to keep his wife happy. He admits that he was ambitious but basically over his head dealing with the older Falwells, while being bedazzled by their money and connections. Jerry Falwell resigned from Liberty in 2020, acknowledging Becki Falwell’s affair with Granda, while stating he was “not involved.” He also claimed that Granda had sought to blackmail the couple, a charge Granda has denied. “God Forbid” clearly provides Granda a friendly forum to tell his story, which includes how he came out on the other side of his 15 minutes of notoriety. “God Forbid: The Sex Scandal that Brought Down a Dynasty” premieres November 1 on Hulu.

The Sega Genesis Mini 2 launched on October 27 exclusively at Amazon. The retro gaming console features 60 games from the Sega Genesis and Sega CD. Like the earlier model, the Genesis Mini 2 is designed to let buyers play retro Sega games on their TV. The Genesis Mini 2 has 60 games, while the original Genesis Mini had 42. Are there other ways to play classic Sega Genesis games?

Oct 27 (Reuters) - Amazon.com Inc (AMZN.O) on Thursday forecast a slowdown in sales growth for the holiday season, disappointing Wall Street and warning that inflation-wary consumers and businesses had less money to spend. In a call with reporters, Amazon Chief Financial Officer Brian Olsavsky said the company was bracing for slower economic growth. Amazon forecast net sales of between $140 billion and $148 billion, or growth as little as 2% from a year earlier. The Amazon logo is seen at the company's logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File PhotoPrior holiday quarter sales growth was 9% in 2021 and 38% in 2020. Amazon's cloud sales growth has ticked down consistently in the past year.

☆ More Chipotle customers are ordering in-store, while the chain keeps investing in digital and drive-thru
▼ + stars: | 2022-10-26 | by ( Mary Meisenzahl | ) www.businessinsider.com time to read: +2 min

Chipotle saw a huge bump in in-store sales as digital sales dropped slightly. In-store sales were up 22% in the third quarter of 2022 over the same period in the previous year, while digital sales were down 6% to make up 37% of all sales. Despite tides turning a bit toward more in-store orders, Chipotle is still investing in digital infrastructure. Chipotle has been especially optimistic about digital sales through its so-called Chipotlane drive-thrus, of which there are now more than 300. After two years as a digital promotion, the Halloween Boorito promotion is returning to stores this year.

☆ 'Run, don't walk' from index funds, says a hedge fund manager who ran one of the best-performing mutual funds. He breaks down why most funds aren't ready for a two-stage bear market that could last ov
▼ + stars: | 2022-10-25 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

George Noble says most fund managers and index funds aren't equipped for the changing economy. He admits that equity hedge funds haven't fared well in the last decade when their performance became mediocre. Between 1991 to 2009, he ran two hedge funds that eventually closed. He points to the Goldman Sachs Hedge Fund VIP Index, a collection of the top long-equity holdings within the portfolios of fundamentally driven hedge fund managers, as an example. For this reason, index funds, technology funds, and high-growth funds are a disaster.

☆ This under-the-radar energy storage stock can get a 60% boost from Inflation Reduction Act, UBS says
▼ + stars: | 2022-10-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Expect tax credits from the Inflation Reduction Act to boost this little-known battery storage stock by more than 60% in the months ahead, UBS said. "STEM's high operating leverage business model is positioned to be a key beneficiary of the 30% stand-alone storage tax credit in the Inflation Reduction (IRA), in our view." Across the commercial battery storage sector, UBS anticipates a 34% compounded annual growth rate through 2030 driven by lower storage costs stemming from IRA tax credits and the consumer drive to trim energy expenses. He highlighted in a separate note to clients Altus Power 's strategic partnerships with both CBRE and Blackstone , which should offer low-cost access to both customers and capital. "We view Altus Power as a key long-term beneficiary of the IRA and more normalized solar supply chains in 2023 — CNBC's Michael Bloom contributed reporting

☆ Biden predicts Democrats' odds will improve as the midterm elections approach, citing economic improvements
▼ + stars: | 2022-10-21 | by ( Emma Kinery | ) www.cnbc.com time to read: +3 min

President Joe Biden predicted Friday that voters will swing back to favor Democrats in the remaining weeks before the midterm elections as concerns over the economy ease. Democrats hope to hold their majorities in both chambers of Congress for the final two years of Biden's first term. A New York Times/Siena College poll released Monday found voters favor Republican control of Congress by a margin of 4 percentage points. The survey found respondents favored Republicans over Democrats to control Congress by a 2 percentage point margin. "Republicans can criticize my economic record but look at what I've inherited and what I've done.

☆ Some Big Tech firms were the top landing spot for recent Goldman Sachs tech departures, and it could be an early sign of the changing tides in the war for talent
▼ + stars: | 2022-10-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

But first, the latest installment in Wall Street's war for tech talent. Big Tech wants its engineers back. In the ongoing war for top engineering talent, Big Tech has landed the latest blow against one of Wall Street's most powerful firms. Read more about the top firms scooping up recent Goldman departures, and how it could be representative of the larger issues Wall Street faces when trying to attract tech talent. Robo-advisor Betterment just launched customized crypto portfolios, the Wall Street Journal reports.

☆ 'Barney & Friends' documentary tries to tie bashing the kids' show to larger cultural tides
▼ + stars: | 2022-10-12 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +3 min

“All that success came at a price,” says Andrew Olsen, a devotee of “Barney” history and its memorabilia. It’s a reasonable point at first, but one the documentary overplays, especially when there’s so much odd, specific stuff about the show to mine here. “I Love You, You Hate Me” has already generated media attention for Peacock, so score it as a win by that measure. But while the project captures a very specific moment in time, it runs out of insight before its time is up. “I Love You, You Hate Me” premieres October 12 on Peacock.

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