Author: arthursheikin@gmail.com
[ad_1] Welcome back to our Sunday edition, where we round up some of our top stories and take you inside our newsroom. Good news for New Yorkers looking to get their $20 celebrity smoothie fix: Erewhon is coming to the Big Apple. The high-end grocer is opening a “tonic bar” inside an upcoming members club called “Kith Ivy.”On the agenda today:But first: Is it cold in here, or is it just the job market?If this was forwarded to you, sign up here. Download Business Insider’s app here.This week’s dispatchBad news for job seekers Getty Images; Rebecca Zisser/BI Friday’s jobs report…
[ad_1] When Candice St. Pierre’s college-aged daughter determined that dorm living wasn’t for her, she didn’t object. In fact, she was glad.”Dorms are not cheap,” St. Pierre, 53, told Business Insider. “I knew that once you paid for the housing, you also are required to do the meal plans. So we didn’t even consider the dorms.”For her daughter’s first two years at the Savannah College of Art & Design, St. Pierre paid $1,000 a month for her to live in apartments off-campus. But she got tired of co-signing leases and taking chances on shady college-affiliated apartments where security deposits would…
[ad_1] News that Erewhon is bringing its $15 juices to New York City spread faster than its Hailey Bieber-inspired strawberry smoothie went viral on TikTok.Lost in some of the messaging is exactly where the East Coast branch of the Los Angeles grocery store will be: A brand-new members-only club called Kith Ivy.Launched by the lifestyle brand Kith — known for its streetwear — the club is set to open its doors later this year in Manhattan’s West Village neighborhood. Billing itself as a “wellness and padel club,” it plans to offer a shop with a Kith Ivy product line, as…
[ad_1] This as-told-to essay is based on a conversation with Marty Kausas, the 28-year-old CEO of Pylon, which has raised $51 million from Y Combinator, General Catalyst, and Andreessen Horowitz. It’s been edited for length and clarity.Pylon was started by myself and my two cofounders, Robert Eng and Advith Chelikani. We went through Y Combinator with a very half-baked idea. Three months later, we raised our $3.2 million seed round from General Catalyst. A year later, we raised a $17 million Series A from Andreessen Horowitz. We just announced our Series B last month.The team now is around 55 people.…
[ad_1] Serhan Tekkılıç listened intently on a Zoom call as his friend on the screen recounted the first time she had ever felt sad. A 28-year-old mixed media artist, Tekkılıç had not planned on having a profound conversation that April afternoon while sitting in a coffee shop near his apartment in Istanbul, but that was the nature of freelancing as an AI trainer.Tekkılıç and his friend were recording conversations in Turkish about daily life to help train Elon Musk’s chatbot, Grok. The project, codenamed Xylophone and commissioned by Outlier, an AI training platform owned by Scale AI, came with a…
[ad_1] Among the many places Kathy White, 66, has called home over the last decade are Mount Rushmore, New York’s Hudson Valley, South Texas, and Kentucky. The only constant has been her 30-foot Itasca Sunstar motorhome.After White’s husband died, she didn’t have the money to take vacations, but living in her RV while traveling the country and working seasonal jobs offered a way to pay the bills and live the life of exploration that she craved.”You’re on vacation in a way,” she said, despite working relatively low-paid jobs, mainly managing activities and administrative tasks at campgrounds and parks.White is among…
[ad_1] Michael Moeller is exhausted from searching for a full-time job since being laid off from his director-level role in April.He said that it was “brutal” to keep getting rejection emails from companies. “But also to be quite frank, these are jobs that I don’t even remember applying to at this point either,” he added.But Moeller, who is in his early 30s, said there’s a silver lining to still being stuck on the job hunt. He can build his business, Kentucky Hop Water, more quickly. He also has some time to train for marathons and take on bartending work to…
[ad_1] On Friday, a startup called Fable announced an ambitious, if head-scratching, plan to recreate the lost 43 minutes of Orson Welles’ classic film “The Magnificent Ambersons.” Why is a startup that bills itself as the “Netflix of AI,” and that recently raised money from Amazon’s Alexa Fund, talking about remaking a movie that was first released in 1942? Well, the company has built a platform that allows users to create their own cartoons with AI prompts — Fable is starting out with its own intellectual property, but it has ambitions to offer similar capabilities with Hollywood IP. In fact,…
[ad_1] Some overbought stocks could face pressure in the near term, especially after a record-setting week on Wall Street. The S & P 500 touched a fresh all-time high Friday as traders mounted bets the Federal Reserve will cut rates following a lackluster August jobs report . That enthusiasm turned to worry quickly, however, as the benchmark quickly rolled over to end the day on a down note. Still, the S & P 500 eked out a small gain for the week and sits about 1% from its all-time high. But while the benchmark is near record levels, certain individual…
[ad_1] Goldman Sachs named a slew of stocks that are well positioned for earnings growth, according to the firm’s analysts. The Wall Street investment bank says stocks like Walmart are compelling and have plenty room to grow. Other buy-rated names screened by CNBC Pro include: Ollie’s, Charles Schwab, T-Mobile and Porch Group. Ollie’s Bargain Outlet The discount retailer is firing on all cylinders following its strong earnings report in August, where it beat on the top and bottom line, Goldman said. Analyst Kate McShane said she sees a number of positive catalysts ahead for Ollie’s, and said it has an…