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Read previewI made it to vice president at Amazon after eight years at the company despite doing a poor job managing my career. My advancement came from hard work and luck, but I had no real plan. Here are seven career-advancing strategies I now know and wish I had used sooner to actively manage my career. To rise in your career, you'll need to be good at navigating intricate schedules, cross-team dependencies, and other challenges of scale. When I speak to my clients, they often work hard and hope for a promotion, but hope is not a strategy.
Persons: , aren't, they'll, you'll, Ethan Evans Organizations: Service, Amazon, Business
Read previewThe infighting at mental health startup Cerebral is in full swing after an investor filed a lawsuit alleging another of the company's backers cost Cerebral hundreds of millions of dollars in value. This story is available exclusively to Business Insider subscribers. Access Industries' representative on Cerebral's board, Nami Park, is also an individual defendant in the lawsuit. But after Access filed its lawsuit against WestCap and Cerebral in April, that self-tender never happened, the June suit claims. With that offer buried, SoftBank still occupies one of six seats on Cerebral's board of directors.
Persons: , WestCap, Len Blavatnik, Nami, WestCap's countersuit, would've, could've, WestCap's, SoftBank Organizations: Service, Access Industries, Business, Industries, WestCap, US Department of Justice, hasn't, Rock Health, Federal Trade Commission, FTC Locations: Delaware
NIL has created career paths for college athletes and brand-deal managers. NIL has also created career paths for college athletes, some of whom are building businesses as influencers and content creators or getting jobs in social media and marketing rather than going pro. It's important for schools that want to be involved in NIL deals to engage in sports marketing and sourcing deals for athletes, he added. Connor Printz, a former Division III basketball player at Claremont McKenna College, has landed over 100 NIL deals. It's not just student-athletes who are benefitingNIL isn't creating more career opportunities only for college athletes.
Persons: , Caitlin Clark, Clark, Bronny James, Olivia Dunne —, Garrett Yaralian, influencers Dunne, she's, Dunne, Yaralian, TikTok, Sam Hurley, Hurley, Connor Printz, Chase Griffin, Griffin, It's, Drew Glover Organizations: Service, WNBA, Nike, Wall Street, NCAA Division, State, NCAA, , University of Southern California, Louisiana State University, WME Sports, Brands, University of Texas, Fund, Division III, Claremont McKenna College, University of California, Sports, Texas, OneTeam Partners, University of Georgia Athletic Association, . Venture, Fiat Ventures Locations: Instagram, Austin, Los Angeles
I started making money in the first two years of my business, but I didn't make as much money as I thought I would. As my business grew, I started to make more money than my husbandI realized I was making more money than my husband in a tax meeting. AdvertisementOnce he became a firefighter, my husband made about $100,000 a year. I can move anywhere with my job, but it wasn't easy for my husband to move to another state. My husband told me he wishes he could reverse roles and succeed at my level, but that's not our reality.
Persons: Amy Porterfield, It's, Tony Robbins, Tony, would've, He's, wasn't, it's, I'd, that's, I'm Organizations: Service, Business Locations: Nashville, California, Tennessee
Read previewAn early passenger on OceanGate's Titan submersible didn't realize how close he was to experiencing the "catastrophic" failure that sealed the vessel's fate in 2023 until a year after the incident. In April 2019, Karl Stanley, a fellow submersible expert, joined his peer, OceanGate CEO Stockton Rush, near the Bahamas to take a dive in an early iteration of the Titan vessel. Stanley, Rush, and two other passengers successfully plunged more than 12,000 feet — a depth that closes in on the Titanic's wreckage, which sits at the bottom of the Atlantic at about 12,500 feet. According to Wired, this defect forced Rush to delay the trip to the Titanic and build another Titan submersible. "I just surfaced from a 4-hour dive," Stanley wrote to BI on Thursday.
Persons: , Karl Stanley, Stanley, Rush, Rush —, he's, Stockton, Guillermo Söhnlein, would've, wasn't, Söhnlein, Karl Organizations: Service, Stockton Rush, Business, Wired, Expeditions, OceanGate Expeditions, AP, BI, Rush, Titan, US Coast Guard, OceanGate Locations: Bahamas, Honduras
Insider Today: Travel agents are back
  + stars: | 2024-06-16 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +5 min
This week's dispatchRob McElhenney is Business Insider's June 2024 digital cover star. Edmon de Haro for BITravel agents are backFollowing the pandemic-era lockdowns, people are hungry for travel. The interest in having someone else plan a vacation is returning travel agents to their '90s glory. How travel agents came roaring back. Art Wager/Getty ImagesEveryone's moving to TexasMovers from all corners of the US are flocking to Celina, Texas, a small town about 41 miles north of Dallas.
Persons: , Rob McElhenney, Sheryl Nields, Rob McElhenney's, Rob McElhenney breezed, would've, McElhenny, Samantha Rollins, Lucia Moses, Ryan Reynolds, McElhenney, Rob it's, de Haro, Zers, Z, Wager, Chelsea Jia Feng, Uma Naidoo, Naidoo, Liam Daniel, we're, Dev Patel's Organizations: Service, Business, Wrexham AFC, Wrexham, BI, Texas Movers, Getty, Cunard, Food, Harvard, Vivid Locations: Bali, Philadelphia, Culver City, Los Angeles, English, Wales, Wrexham, Houston , Texas, Texas, Celina , Texas, Dallas, Celina
The S & P 500 has made an all-time high on nearly thirty days this year, four of them this past week. The main S & P is up more than 3% in the second quarter while its median stock is off 5% quarter to date. .SPX mountain 2024-03-29 S & P 500 quarter to date The S & P 500 has added $5.5 trillion in market capitalization in 2024, with roughly half kicked in by the Big Three. Wall Street strategists as a group project no upside for the S & P 500 in the second half , their average and median targets both below Friday's closing level. The weekly American Association of Individual Investors survey shows the spread between bulls and bears narrowing lately even with the S & P grinding higher.
Persons: we've, FANG, That's, It's, Jerome Powell's, Chris Verrone, I've Organizations: Microsoft, Apple, Nvidia, Investment, Treasury, Federal Reserve, Citi U.S, CPI, Fed, American Association of
On a episode of "Abbott Elementary," outspoken teacher Melissa Schemmenti's doting boyfriend Gary heavily hints at planning a wedding proposal, which she insists she doesn't want. Thinking he's found such a miracle, Gary gets Philadelphia Eagles player Jalen Hurts to help him make the proposal. My boyfriend and I jointly own a home, are listed in each other's wills, take vacations together, and are waiting to adopt a child. Marrige is seen as the goalEven in 2024, marriage is still seen as the ultimate achievement in the game of love. What if we saw marriage as one of many ways of honoring love rather than the only socially sanctioned one?
Persons: Melissa Schemmenti's, Gary, he's, Jalen, Taylor Swift, Travis Kelce, Drew, we'd, Melissa, Doug, fixating, we're, we'll, we've, Rachel Kramer Bussel Organizations: Service, Philadelphia Eagles, Twitter
AdvertisementFlood of supportIt was obviously disappointing and really shocking — I'd been excited about the Coinbase job. AdvertisementAlthough I had another offer on the table, I accepted the Amazon job. It felt like a safer choice because it was a Big Tech company — and I already knew the team. I was interested in entrepreneurship after having experienced big tech and trying out these jobs inspired me to start building my own venture. My immediate reaction for several months was disillusion with the with Big Tech, but now I feel positive about my experiences.
Persons: , Matan Gans, cryptocurrency, they'd, Slack, I'd, I've Organizations: Service, Brown University, Google, Business, Amazon Web Services, Big Tech, LinkedIn, Amazon Locations: Coinbase, Boston, California, Seattle, East, West Coast, Providence , Rhode Island, East Coast ., Amazon
Read previewChina is building a fleet of aircraft carriers, making technological and capability jumps at a breakneck pace. An aerial drone photo taken on May 1, 2024 shows China's third aircraft carrier, the Fujian, during its maiden sea trials. The aircraft carrier USS Gerald R. Ford transits the Strait of Gibraltar, Jan. 5, 2024. For China, having aircraft carriers allows it to enjoy many of those perks. A composite image shows the American flag flying near the bridge of the US Navy's first-in-class aircraft carrier USS Gerald R. Ford and the Chinese flag flying near China's aircraft carrier Shandong.
Persons: , Pu, would've, Matthew Funaiole, Xi Jinping, Kyle Amonson, Dane Egli, Xi, Funaiole, Gerald R, Navy Petty, Jacob Mattingly, Trenton, Li Gang, Cmdr, Michael Dahm, Peter W, Singer, Guy Snodgrass Organizations: Service, Business, Ford, Getty, China Power, Center for Strategic, International Studies, Jiangnan Shipyard, Getty Images, People's Liberation Army, Communist Party, US Coast Guard, Pacific Affairs, Chinese Communist Party, US Navy, Navy, DoD Aircraft, South China Seas, Pacific, Communication, Trenton Edly, US, New America, Defense, PLA Navy's Locations: China, Fujian, Shandong, Liaoning, Xinhua, Getty Images China, Taiwan, People's Republic of China, Gibraltar, Jan, South, Beijing
After the multi-Grammy-winning superstar announced the European leg of The Eras Tour in mid-2023, they started saving, knowing that they had to "travel for Taylor." Corrie (left), KJ (center), and Callie (right) traveled from Gibraltar to Edinburgh to see The Eras Tour. AdvertisementThey estimated that the total cost for their weeklong trip, accommodation, and Eras Tour tickets was just over $2,500 each. Taylor Swift kicked off her 15-stop UK tour at Murrayfield Stadium in Edinburgh, Scotland on June 7, 2024. AdvertisementAs KJ had said at the start of the day, seeing The Eras Tour isn't "just about the show and the music.
Persons: , Callie, Corrie, Taylor Swift, Swift, Taylor, Eve Crosbie, I'm, marveling, concertgoer, Amira, she's, Leah, Simone, Gareth Cattermole, Expedia, Daniel Finch, haven't, It's, Wilde Aparthotel, Ava, Wilde, Marc Crothall, Mimi's, Mariola, We've, Pie, Erin, KJ Organizations: Service, Business, Murrayfield, Edinburgh, Barclays, QuestionPro, Edinburgh's, Management, Associated Press, Blockbuster, Expedia Brands, Scottish Tourism Alliance, NFL, Swift's Murrayfield, Sky Locations: Edinburgh, Gibraltar, Europe, Liverpool, Cardiff, London, Italy, Minneapolis, Scotland, Paris, England, North America, South America, Australia, Southeast Asia, Leith
Read previewFrom versatile crispy jalapeño pieces to luscious Southern-style peach ice cream, Trader Joe's has plenty of seasonal items for the summer. As part of an ongoing series in which I review Trader Joe's seasonal products, I gave the chain's summer offerings a try. These crispy jalapeño pieces would elevate just about any summer mealI had heard great things about Trader Joe's crispy jalapeño pieces. No frozen treat is complete without one of Trader Joe's organic sugar conesThis sugar cone paired well with Trader Joe's peach-crisp ice cream. As my experience is with most Trader Joe's salad kits, I think it also could've used a lot more dressing.
Persons: , Joe's, Wilson, arugula, I've, graham, shortbread, dill, Wilson I'm, doesn't, garlicky, you'd, hummus, Savanna, I'm salivating, I'm, crisps, they're, ravioli, I'd, morsel, didn't, soggy, It's, jalapeño, jalapeño crisps Organizations: Service, Business, Wilson, nacho, snacking Locations: Savanna, dill, Jolly, radicchio
The groups projected that the average cost across the country could be $719, a nearly 8% increase from the same period last year. In some regions that figure is higher; in Southern states like Texas, the average cost could hit $858. The forecast for summer cooling costs is based on federal data on regional electric prices, summer temperatures, and residential air conditioning, Wolfe said. Related stories"We are assuming a higher rate of temperature change, and recent heat waves are bearing this out," Wolfe said. Those who do may not turn it on in an effort to avoid higher bills, Wolfe said.
Persons: , Mark Wolfe, May, Wolfe, Louis — Organizations: Service, Business, National Energy Assistance, Association, Center for Energy, Southwest, US Energy Information Administration, Low Income, Energy Assistance Locations: Southern, Texas, Phoenix, El Paso , Texas, York
Constantly searching for new coffee shops has taught me how to better trust my instincts. AdvertisementMany independent coffee shops closed during or shortly after the height of the pandemic. Plus, at local coffee shops, I'm one of few customers instead of one of many in a long line. Sometimes, I still end up at coffee chains — but my self-imposed ban means I'll opt for smaller ones like Blank Street or Gregory's Coffee instead of mega-global franchises. It's just that by quitting, my coffee world has opened up beyond the limitations of one company — and forever hunting for a new coffee shop has become my ultimate pick-me-up.
Persons: , Rachel Chang, I'd Organizations: Service, Starbucks Locations: Bali, Morocco, Barcelona, Buenos Aires, San Francisco
Related VideoIn his opening statement at the trial, Biden's lawyer Abbe Lowell urged jurors in the Wilmington, Delaware, federal court to acquit his client. "They know how to put on a tight gun case." Biden's trial was not necessarily a lost cause. Hunter Biden's lawyers have argued this arrangement has perversely allowed Weiss to politicize the proceedings unchecked. This story was updated following the jury verdict in Hunter Biden's gun trial.
Persons: , Hunter Biden, Biden, Abbe Lowell, Prosecutors, Sarah Krissoff, didn't, Maryellen Noreika, Donald Trump, Lowell, Jared Kushner, Sen, Robert Menendez, John Edwards —, Joe Biden, ROBERTO SCHMIDT, David Weiss, General Merrick Garland, Weiss, Hunter Biden's, Noreika, Trump, Republicans gloated, Hallie Biden, Cozen O'Connor, Duncan Levin, Levin, He's, Krissoff, Evelyn Hockstein, Neama Rahmani, Rahmani Organizations: Service, Business, Alcohol, Tobacco, Firearms, Explosives, AFP, Getty, Trump, Justice, Republicans, Biden's, US, BI, Republican, U.S, U.S . Department of Justice, Hill, REUTERS, Justice Department, West, Creative Locations: Wilmington , Delaware, Manhattan, Delaware, California, New York, Texas
I started working two jobs while I was finishing my sociology and business major in college in 2021. My marketing job was flexible, so I could do my college work during my lunch breaks or quiet periods. I kept up my 2 jobs after collegeIt felt natural to continue working two jobs after graduating from college in 2022. I kept up my customer service job, working 65 hours over two weeks. If you work two full-time jobs and would like to share your story, email Ella Hopkins at ehopkins@businessinsider.com.
Persons: , Jane, I'd, I'm, I've, Ella Hopkins Organizations: Service, Business, FIRE Locations: Canada, ehopkins@businessinsider.com
The worker worked for Circle K and Parker's Kitchen, a South Carolina-based chain of convenience stores and gas stations, by claiming shifts through Shiftsmart. I am homeless, and gig work is pretty much the only thing that kept me above water. I would go to Circle K and work as a cleaner and merchandiser. I realized that, at the pay rate Shiftsmart and Circle K were offering, it was putting me further into a hole financially. I don't know the exact numbers, but Shiftsmart has to be getting paid by Circle K whenever someone takes a shift.
Persons: , I'm, Shiftsmart, they're Organizations: Service, Shiftsmart, Google, USPS, Business, Circle Locations: South Carolina
President Joe Biden's administration on Friday finalized tighter fuel economy rules for trucks and sport utility vehicles through 2031 that are not as stringent as it first proposed, a federal agency said. Last year, NHTSA said its proposal to hike fuel economy standards through 2032 would cost the industry $14 billion in projected fines. In June 2023, Reuters first reported Stellantis and GM paid a total of $363 million in CAFE fines for failing to meet U.S. fuel economy requirements for prior model years. NHTSA said the rule will hike fuel economy to about 50.4 miles per gallon by 2031 from 29.1 mpg currently. "Those fines wouldn't have produced any environmental benefits or additional fuel economy and would've foolishly diverted automaker capital away from the massive investments required by the electric vehicle transition," Bozzella said.
Persons: Joe Biden's, Biden, John Bozzella, Bozzella, Dan Becker Organizations: Traffic Safety Administration, Detroit, NHTSA, General Motors, Chrysler, Ford Motor, Reuters, Alliance for Automotive Innovation, Center, Transport
My landlord lives in a house right up the hill from me, so when I need him, I can call him, and he's right there. I'm glad I'm not doing that anymore, but I'm really glad I had that opportunity. AdvertisementRenting is also a smarter financial decision right now, with how high interest rates are. I don't think I'll rent foreverMy finances now are different than they were when I was 22. Renting really fits the current season of my life, but I don't think this is the choice I'll make forever.
Persons: , Tori Dunlap, I've, I'm, Homeownership, That's, it's, Jane Zhang Organizations: Service, Business, PMI Locations: Seattle, North Seattle, janezhang@businessinsider.com
"They know how to put on a tight gun case." Biden's trial is not necessarily a lost cause. This arrangement has perversely allowed Weiss to politicize the proceedings unchecked, Hunter Biden's lawyers argued. There's no evidence that Biden even loaded or used the gun before his brother's widow, Hallie Biden, threw it out. "Obviously, the conduct that the government ought to be addressing is whether somebody is on drugs and high while they're shooting a gun," Levin said.
Persons: , Hunter Biden, Abbe Lowell, Prosecutors, Biden, Sarah Krissoff, didn't, Maryellen Noreika, Donald Trump, Lowell, Jared Kushner, Sens, Robert Menendez, John Edwards —, Joe Biden, ROBERTO SCHMIDT, David Weiss, General Merrick Garland, Weiss, Hunter, Noreika, Trump, Republicans gloated, Hallie Biden, Cozen O'Connor, Hunter Biden's, Duncan Levin, Levin, He's, Krissoff, Evelyn Hockstein, Neama Rahmani, Rahmani, there's Organizations: Service, Business, Alcohol, Tobacco, Firearms, Explosives, AFP, Getty, Republicans, US Justice Department, Republican, U.S, U.S . Department of Justice, Hill, REUTERS, Justice Department, West, Creative Locations: Wilmington , Delaware, Manhattan, Delaware, California, New York, Texas
AdvertisementI didn't work in tech when I lived in the Bay Area, but I do nowIn the Bay Area, I worked in marketing and graphic design and did off-and-on work in café management and the brewing industry. The Bay Area didn't fit into his free-spirit mentality, and he also needed a change. In the Bay Area, there was no getting into a job like this "by accident" for me. Moving out of the Bay Area felt like someone turned all the heat off before I boiled to deathWhen I left the Bay Area, I received the type of inner peace I never thought possible. Even people who stayed there feel the same way, they no longer live in that Bay Area, either.
Persons: , Agata Pona, It's, we'd, would've, didn't, couldn't, joggers, Manseen Logan Organizations: Service, SUSO Digital, San Francisco Bay Area, Business, Whole Foods, Poland —, Stanford, Big Tech, Salvadoran Locations: Area, Poland, San Francisco Bay, Poznań, Silicon Valley, California, Portland , Arizona, Texas, Bay, mlogan@businessinsider.com
Jordison, who worked as a school librarian and preschool teacher before retiring, said that when her daughters got married in the aughts, they opted to pay for all the bridesmaids' expenses. Related storiesFor her first daughter's wedding, Jordison said she knew they wanted to cover the bridesmaid expenses. She said for her first daughter's wedding they were able to have 400 guests, but opted not to do a sit-down dinner and didn't have any wedding favors. AdvertisementJordison said covering the bridesmaids' expenses was well worth it. They also say there are some costs bridesmaids expect to pay, like for their dress, while others should be optional or covered by the bride, like hair and makeup.
Persons: , Jean Jordison's, Jordison, we're Organizations: Service, Business Locations: Iowa City , Iowa, bridesmaids
The Irish culture and people are unmatchedThe drinking culture in Ireland can be enjoyable. But, part of what makes the drinking and eating culture so vibrant in Ireland is the quality of the food and drink here. Plus, it's cheaper for me to shop for fresh produce in Ireland than it ever was in the US. At University College Dublin (UCD), I paid about €72,000, or about $78,000, for all four years of school and received a bachelor's degree in English. AdvertisementI wouldn't trade my decision to study at UCD for anything in the world regardless of how expensive living in Ireland is.
Persons: , I'd, Life's, Isabella Ambrosio The, I've, Isabella Ambrosio Ireland, There's, James Joyce, Roddy Doyle, Mary Lavin Organizations: Service, Business, Dublin, New York University, At University College Dublin, UCD, The United Locations: Chicago, Dublin, Ireland, The United States
Read previewA study found that OpenAI's GPT-4 could perform financial statement analysis and, in some cases, predict a company's future performance better than a human analyst. The analysis didn't include text typically accompanied in quarterly earnings reports, such as the Management Discussion and Analysis (MD&A) section, the study said. AdvertisementWith the data, Muhn told Business Insider that he and his colleagues could grade how financial analysts performed in their forecasts. For example, the study found that analysts achieved a 53% accuracy in one-month forecasts of the direction of future earnings. So, the multibillion-dollar question: Can LLMs replace human financial analysts?
Persons: , Alex Kim, Maximilian Muhn, Valeri Nikolaev —, Muhn, GPT, Kim Organizations: Service, University of Chicago Booth School, Business, Apple, BI
Read previewFormer President Donald Trump's historic conviction on Thursday may have been in part due to mistakes made by his defense team, including not having him take the stand, legal experts told Business Insider. Though the conclusion of the case was significant, three legal experts told BI the verdict wasn't a major shock. AdvertisementHe pointed to opening statements made by Trump's lawyer, Todd Blanche, that Rahmani thought suggested an accountant would testify and serve as a fall guy. AdvertisementNot long before resting their case, the defense told the judge they were still weighing having Trump testify. Some legal experts previous said testifying would not be a good idea for Trump, with concerns that he could end up committing perjury.
Persons: , Donald Trump's, Trump, Stormy Daniels, Alex Reinert, Eric Anderson, Sullivan Wright Gizer, McRae, Donald Trump, Daniels, Neama, Todd Blanche, Michael Cohen, Trump's, Rahmani, David Pecker, Anderson, Cohen, hadn't, It's, Merchan, Biden Organizations: Service, New, Business, Cardozo School of Law, McRae LLP, West, Trial, National Enquirer, Trump Locations: New York
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