Category: weekend BI US

How much will Silicon Valley Bank customers get back from the money they deposited? They may not recover it all,...

The Silicon Valley Bank logo. Getty Images SVB was shut down by the FDIC on Friday. Depositors can’t withdraw their money yet.  That’s creating a cash crunch across startups and other businesses in Silicon Valley and beyond.  If you are a depositor of SVB, how much money will you get back in the end? Silicon Valley Bank was shut down on Friday and customers can’t…

‘Trauma entrepreneurs’ are accused of using tragedy to make a profit – here’s how after a recent college shooting

Students comfort each other on the Michigan State University campus after a gunman killed 3 people on February 13. Scott Olson/Getty Images On Feb. 13, a gunman shot and killed 3 people on MSU’s campus and injured 5. In the aftermath of the shooting, the MSU community joined together to support. “Unscrupulous businesses” are accused of selling unlicensed MSU items possibly under the guise of…

Lawyer spent over $10 million in loans for fake clients to live in a Las Vegas hotel and gamble ’24/7′...

The Wynn Hotel in Las Vegas, the place Sara Jacqueline King allegedly lived for six months in 2022. Ethan Miller/Getty Images A California lawyer allegedly spent $10 million in loans for fake clients to fund a Las Vegas way of life for six months. LDR International, the corporate claiming to have funded the loans, sued Sara Jacqueline King this month. LDR claims King provided falsified…

Two weeks after toxic chemicals burned on a derailed practice, Ohio residents fear for their security. Here’s what we know...

Smoke rises from a derailed cargo practice in East Palestine, Ohio, on February 4, 2023. The practice accident sparked a huge fireplace and evacuation orders. DUSTIN FRANZ/AFP via Getty Images A practice derailed in East Palestine, Ohio this month, resulting in the release of toxic chemicals.  Some of the chemicals have been released on function in a managed burn. Residents of the small city evacuated,…

Oreo is selling $40 limited-edition NBA cookies ahead of the All-Star Game — and fans are not pleased at the...

Oreo is selling limited-edition NBA cookies for $40. Oreo The NBA is collaborating with Oreo to make specialty cookies that includes staff logos. Priced at $40 for a pack of 12, some fans scoffed at the price tag.  The cookies commemorate the NBA All-Star Game subsequent weekend.   You can snag limited-edition Oreos along with your favourite NBA staff brand emblazoned on prime — nevertheless it…

These 6 CEOs are taking pay cuts to prevent more layoffs and fight tough times as industrywide reductions persist

Apple CEO Tim Cook. Axelle/Bauer-Griffin/FilmMagic Chief executives are more and more opting to take pay cuts off their multi-million annual compensation.  The reductions come amid financial hardship throughout industries, main to mass layoffs.  Here are 6 CEOs who’ve decreased their salaries, from Tim Cook to David Solomon.  Apple CEO Tim Cook Cook at Code in 2022. Jerod Harris/Getty Images for Vox Media Apple CEO Tim…

That real estate listing you just saw for your dream house may have been written by ChatGPT

This real estate listing was written with assist from ChatGPT, based on CNN. Zillow Realtors have picked up ChatGPT as a instrument for writing listings, CNN reported. One agent said the tech may very well be used to boost descriptions in a video.  Realty specialists say AI may be right here to remain in the business.  Real estate brokers are sitting back to let AI…

Signed Charles Darwin manuscript on natural selection sells for nearly $900,000 at auction — shattering records for highest price paid...

An picture of the Darwin manuscript. Sotheby’s A signed Charles Darwin manuscript offered for $882,000 at auction, Sotheby’s says. Prior to the sale, the highest-priced Darwin document offered for simply over $400,000, BBC experiences. The manuscript is Darwin’s protection of his natural selection idea. A one-page manuscript from scientist Charles Darwin fetched a whopping $882,000 at a Sotheby’s auction on Friday.  Donned with Darwin’s signature…

Alameda ex-CEO Caroline Ellison taps SEC’s former top crypto regulator as lawyer in FTX investigation

Caroline Ellison, left, and Stephanie Avakian, proper. Twitter/@carolinecapital, WilmerHale Caroline Ellison employed Stephanie Avakian and legislation agency WilmerHale to characterize her in the FTX investigation, per Bloomberg.  Avakian was a top regulator on the SEC, the place she elevated oversight of cryptocurrency.  She additionally led main circumstances in opposition to firms together with Tesla, Theranos, Facebook, and Wells Fargo, amongst others.  Alameda Research ex-CEO Caroline…

Fans express mixed reactions to Deion Sanders’ reported $5 million deal to coach struggling Colorado Buffs after three-year dominating run...

Deion Sanders coaches one his gamers at Jackson State. Nick Tre. Smith/Icon Sportswire by way of Getty Images Deion Sanders is reportedly leaving Jackson State after three years as head coach, ESPN says. Sources say Sanders will be part of the Colorado Buffaloes for a roughly 40% pay enhance, CBS reported. Football followers cannot appear to agree on how they really feel in regards to…

Jack White, Trent Reznor, and David Simon are among the latest celebrities announcing they quit Twitter after Elon Musk takeover

Andrew Caballero-Reynolds/Getty Images Michael Gonzalez/Stringer/Getty Images Multiple celebrities say they have quit Twitter in the wake of Elon Musk’s takeover. Musk’s $44 billion deal to purchase the social-media platform closed at the finish of October. Some public figures have expressed concern over what the billionaire would do with the platform. Celebrities are beginning to quit Twitter in the wake of Elon Musk’s takeover. Screenwriter, producer,…

FTX founder Sam Bankman-Fried donated $40 million to political campaigns leading into the midterms, leaving some concerned about crypto’s place...

Sam Bankman-Fried. FTX Sam Bankman-Fried and FTX execs donated a complete of $70 million to political campaigns in 18 months, in accordance to OpenSecrets.  Bankman-Fried himself donated $40 million to principally liberal efforts, whereas fellow exec Ryan Salame gave $23 million primarily to Republicans.  Critics are actually scrutinizing the function of cryptocurrency in politics after FTX’s dramatic demise.  FTX founder Sam Bankman-Fried and fellow firm…

Late Zappos founder Tony Hsieh said he believed he was ‘crystallizing’ and part of ‘a simulation’ in month before demise,...

Hsieh talking on the Clinton Global Initiative America on the Sheridan Downtown Denver, in 2014 Andy Cross / The Denver Post through Getty Images Court documents filed this week present extra perception into the ultimate weeks of the life of Zappos founder Tony Hsieh.  Hsieh died in a home fireplace in November 2020 following months of erratic habits and a deteriorating psychological state.  The filings…

The unbelievably fast world of Caroline Ellison where ‘somebody suggests one thing’ then ‘an hour later and it’s already occurred’

Caroline Ellison. Screenshot from Caroline Ellison’s Twitter, @carolinecapital In a 2020 FTX podcast, former Alameda Research CEO mentioned she “took a blind leap into the unknown” when she joined Sam Bankman-Fried. WSJ first reported on the remarks, after Ellison has drawn elevated scrutiny for her function within the demise of FTX.  On Friday, bankrupt FTX-linked Alameda fired Ellison and different execs. Caroline Ellison mentioned she…

New York cannabis farms have nowhere to sell a combined 300,000 pounds of weed, valued at $750 million, as delays...

Getty Images; Insider New York cannabis farms are not sure of what to do with a combined 300,000 pounds of weed — valued at $750 million — with out open dispensaries to sell the pot. Applicants for authorized cannabis retail shops are nonetheless ready to hear again from the state’s Cannabis Control Board. The CCB is scheduled to meet on Monday, though it’s unclear if…

‘SNKRS app really pulling a Ticketmaster right now’: Nike and SNKRS app botch the drop of the new Air Jordan...

A pair of Off-White Air Jordan 1s AP Photo/Phelan M. Ebenhack Sneaker collectors are pissed off with Nike after its SNKRS app glitched throughout the Air Jordan 1 “Lost and Found” drop.  Many took to Twitter to complain of error messages and app crashes that prevented them from getting into the drawing.  Nike has confronted mounting criticism for its battle to stop bots and resellers…

Caroline Ellison, one of the central figures behind FTX’s collapse, previously tweeted that regularly using amphetamines made the ‘non-medicated’ life...

Caroline Ellison. Screenshot from Caroline Ellison’s Twitter, @carolinecapital FTX-linked Caroline Ellison’s previous tweets about ‘common amphetamine use’ have resurfaced on-line. Ellison is the CEO of Alameda Research, the hedge fund FTX reportedly used to borrow cash for bets. Amphetamines are sometimes prescribed to deal with ADHD. Old drug-related tweets posted by Caroline Ellison — the 28-year-old CEO of Alameda Research, the hedge fund linked to…

I compared mobile ordering at Starbucks and Dunkin’, and one brand clearly has it mastered

David L. Ryan/The Boston Globe through Getty Images CFOTO/Future Publishing through Getty Images Starbucks and Dunkin’ each have hundreds of US shops with a sturdy digital enterprise. Dunkin’ can do mobile orders proper, however the outcomes are very inconsistent. Starbucks has mastered taking and fulfilling digital orders, and it’s simple to see why they’ve exploded. Starbucks and Dunkin’ are two of essentially the most outstanding…

‘Black Twitter’ is turning to humor to mourn Twitter as they know it as the social platform takes on a...

We Are/Getty Images Jordan Hart/Insider The Twitter community identified as ‘Black Twitter’ is discovering humor in the potential finish of the unofficial neighborhood. Black customers are sharing laughs and significant tributes to their time on Twitter as many mull leaving.  Non-Black customers are additionally chiming in to attribute Twitter’s success to the Black Twitter community. The on-line neighborhood dubbed “Black Twitter” has weathered a pandemic,…

A United flight attendant is taken to the hospital after a ‘disturbance’ involving a passenger with a child seen screaming...

Louis Nastro/Reuters A United flight attendant was taken to a hospital after an altercation with an unruly passenger.  The Chicago Police Department instructed Insider it responded to experiences of “a disturbance that had occurred on a plane.” “We’re grateful to our crew for handling this difficult situation,” United stated in a assertion.  A United flight attendant was taken to the hospital upon arriving in Chicago…

Sign language interpreter says he was ousted from job on Broadway’s Lion King because he is white

CBS Photo Archive/Getty Images Sign language interpreter Keith Wann is suing the Theatre Development Fund for firing him based mostly on race. Wann says he was requested to again out of decoding ‘The Lion King’ Broadway present in April because he is white. ‘To me, simply seeing that discrimination, it does not matter if I’m white or black,’ Wann says. A white signal language interpreter…

FTX founder Sam Bankman-Fried was reportedly interviewed by police in the Bahamas this weekend as investigations into the company’s downfall...

Getty Images FTX founder Sam Bankman-Fried was questioned by Bahamian police on Saturday, per Reuters.  The police say they’re investigating if “criminal misconduct occurred” tied to the downfall of FTX. Bankman-Fried was rumored to have fled to Argentina earlier this weekend.  FTX founder Sam Bankman-Fried was interviewed by police in the Bahamas on Saturday as the investigation into the cryptocurrency company’s downfall escalates. The Royal…

Fallen FTX founder Sam Bankman-Fried says he is in the Bahamas despite buzz that he fled to Argentina after his...

FTX FTX founder Sam Bankman-Fried is denying rumors he fled to Argentina.  He informed Reuters he is nonetheless in the Bahamas, the place FTX is primarily based.  The former CEO is in scorching water for the demise of his cryptocurrency change.  Disgraced FTX founder Sam Bankman-Fried is denying he’s on the lam in Argentina, as rumors circulated on social media this weekend that the former…

Captain Sully and Whoopi Goldberg are among the latest celebrities announcing they quit Twitter after Elon Musk takeover

Andrew Caballero-Reynolds/Getty Images Michael Gonzalez/Stringer/Getty Images Multiple celebrities say they have quit Twitter in the wake of Elon Musk’s takeover. Musk’s $44 billion deal to purchase the social-media platform closed at the finish of October. Some public figures have expressed concern over what the billionaire would do with the platform. Celebrities are beginning to quit Twitter in the wake of Elon Musk’s takeover. Screenwriter, producer,…

PHOTOS: 82-foot Christmas tree arrives at Rockefeller Center in New York City

Anadolu Agency/Getty Images The well-known Rockefeller Center Christmas tree arrived in NYC from an upstate farm 200 miles away. The tree is about 90 years previous, 82 toes tall, and weighs about 14 tons. The Rockefeller Center sees about 500,000 vacationers through the vacation season. The Rockefeller Center Christmas tree arrived in Manhattan from upstate New York Saturday morning.  The 82-foot Norway spruce was trucked…

‘This dude is bullshit’: Elon Musk describes the first time he met now disgraced FTX founder Sam Bankman-Fried

Sam Bankman-Fried and Elon Musk Jabin Botsford/The Washington Post by way of Getty Images, Dimitrios Kambouris/Getty Images Elon Musk mentioned his “bullshit meter was redlining” after assembly with Sam Bankman-Fried earlier than the Twitter takeover to debate an funding.  His remarks got here throughout a Twitter Space dialogue with 60,000 attendees early Saturday morning, per Coinbase.  Musk mentioned he felt there was “something wrong” throughout…

Chaos unchecked: A comprehensive timeline of Elon Musk’s Twitter verification saga – for now

Elon Musk acquired Twitter on October 27. Getty Images Elon Musk’s revamped Twitter Blue launch has hit some main snags prior to now week.  The paid mannequin has paved the best way for impersonators and trolls galore, prompting the corporate to pause its rollout a number of occasions.  Here’s a have a look at every part that is occurred with verification, from grey checks to…

Here are 17 of the most outrageous impersonations to come from Elon Musk’s Twitter Blue rollout blunder

Twitter Losing Its Most Active Users Getty Images Elon Musk’s new Twitter Blue mannequin allowed anybody to pay $8 for a verified blue verify. Trolls took benefit of the subscription virtually instantly and started impersonating distinguished figures. From politicians to companies, it appeared like nobody was protected from the crude jokes. Elon Musk’s new Twitter Blue subscription, which permits anybody to pay to change into…

Mark Zuckerberg, a crypto CEO, Elon Musk, and Jeff Bezos top list of billionaires who have seen their net worths...

Mark Zuckerberg, the CEO of Meta. Alex Wong/Getty Images; Rachel Mendelson/Insider The world’s 10 richest folks collectively misplaced nearly a quarter of a trillion {dollars} year-to-date. Tech CEOs investing in the metaverse and cryptocurrency are ranked as the largest losers.  These billionaires have seen their net price drop the most, per the Bloomberg Billionaires Index.  1. Meta CEO Mark Zuckerberg: -$87.3 billion Mark Zuckerberg, the…

A Florida Chick-fil-A has been following a 3-day work week with so much success it received more than 420 applications...

Chick-fil-A restaurant in Houston, Texas. Brandon Bell/Getty Images A Chick-fil-A in Miami follows a three-day work week of 13- to 14-hour shifts. Store operator Justin Lindsey advised QSR Magazine that since making the change, there’s been 100% administration retention, “elite” efficiency, and more than 420 applications for a job opening. Lindsey stated workers had been working 70-hour weeks and skipping holidays earlier than the shop…