Author: arthursheikin@gmail.com
[ad_1] CNN — Network late-night shows have been losing viewers for years, but “The Late Show with Stephen Colbert” is primed for a ratings bump right now. That’s because Monday night will be Colbert’s first new episode since CBS shocked the media sector by announcing “The Late Show” will end next May. Colbert is slated to have two Hollywood stars, Sandra Oh and Dave Franco, as his guests. Later in the week, he will interview Pennsylvania Gov. Josh Shapiro. Last week’s cancellation announcement sparked speculation among fans that CBS might have pulled the plug for political reasons, given Colbert’s status…
[ad_1] London CNN — Extreme weather caused by climate change is driving up the prices of basic food products worldwide and posing wider risks to society, a new study has found. The cost of a wide range of goods – from potatoes in Britain to coffee in Brazil – saw dramatic spikes in recent years due to weather conditions that were “so extreme they exceeded all historical precedent prior to 2020,” according to the study led by Maximillian Kotz of the Barcelona Supercomputer Center. Previous studies have examined how high temperatures have affected the cost of food produce in the…
[ad_1] This as-told-to essay is based on a conversation with Melissa Shaw, a 46-year-old financial advisor in Palo Alto, California. It has been edited for length and clarity.I’ve been a financial advisor since 2011 and have worked at Teachers Insurance and Annuity Association of America, or TIAA, as a wealth management advisor for over seven years.I help clients with estate and incapacity planning, but I encountered completely different issues when my own mother became terminally ill and I became her primary caregiver in October 2024.Her diagnosis was sudden. Doctors found stage four cancer that had metastasized to her back, causing…
[ad_1] This as-told-to essay is based on a conversation with Vivienne Errington-Barnes, the 38-year-old CEO of an event planning agency in the UK. The following has been edited for length and clarity.Before becoming the CEO and founder of a global luxury event planning agency, I worked in program management in the investment banking industry for six years.The pay was great, but the day-to-day work wasn’t fun — it was a bit boring.One day, I thought, You know what? I’m going to pivot to a completely new life. I quit my job and started my first event company.I started running events…
[ad_1] Windsurf’s path to a $3 billion acquisition by OpenAI looked like a startup fairytale — until the deal fell through, setting off a whirlwind of last-minute negotiations that left employees grappling with uncertainty, and a company split in two.The unusual dismantling of the company into separate parts of haves and have-nots has left a bitter taste for some in Silicon Valley.”This breaks the Silicon Valley social contract,” said Amjad Masad, CEO of Replit, a competitor to Windsurf. “This is bad for startup employees. They’re going to be less likely to join startups. What’s the point of joining a startup…
[ad_1] OpenAI could test investors’ patience over what JPMorgan analysts called “vibe spending” on talent wars and research.OpenAI could dominate a market worth over $700 billion by 2030, the analysts wrote in a note published Friday. The bank was cautiously optimistic on OpenAI’s efforts to make money from its vast user base by selling everything from AI agents to an eventual hardware device.The note, written by analysts Brenda Duverce and Lula Sheena, provides interesting insights into JPMorgan’s assessment of OpenAI’s biggest advantages and weaknesses.The mere existence of JPMorgan’s note on OpenAI is news by itself. JPMorgan has one of the…
[ad_1] When you think about Wall Street, you usually think about M&A — but with dealmaking in the slumps, big banks’ sales and trading desks have become the stars of the show.In the first half of the year, several major banks reported record-breaking revenues from helping institutional clients, such as hedge funds and pension funds, trade stocks, bonds, and derivatives. A volatile 2025 market has brought more price swings, more trading opportunities, and more client activity than ever before.With all eyes on this booming business, Business Insider set out to shine a spotlight on Wall Street’s sales and trading business.…
[ad_1] CNN — The Windy City is getting a boost from “the pope economy.” Since Pope Leo XIV’s election in May, creative entrepreneurs across the globe have worked overtime to stamp his likeness on everything from baby onesies to a cold pint of beer. But the frenzy to own the pope’s likeness might be greatest in the Chicagoland area, where Leo grew up in the south suburbs. New events can create a “boom for certain businesses,” said Elliot Richardson, co-founder and president of the Small Business Advocacy Council in Chicago. “It creates a need for certain types of merchandise. I…
[ad_1] Mary Monohan, 37, saw the signs when the powers that be started reorganizing teams and switching up her assignments: layoffs were coming.By the time she learned her manager role was being eliminated, she’d already been searching for new opportunities. Less than a month later, she’s starting to realize that she may have to be willing to make a lateral professional move or even “a few thousand dollars less than I was making before,” she told Business Insider.Millennials in management are in a tough spot. Caught somewhere between entry-level roles and the C-Suite, they’re especially vulnerable to the Great Flattening,…
[ad_1] New York CNN — Millions of people might be coping with extreme heat, but Starbucks is already getting ready for chilly fall temperatures with its most anticipated annual menu announcement. It could use the boost. The coffee chain revealed that its wildly popular Pumpkin Spice Latte beverage will return to menus on August 26 — four days later than last year’s release date and the drink’s latest arrival since 2022. However, this year’s announcement marks the earliest date that Starbucks has provided a date for the Pumpkin Spice Latte’s arrival. The PSL, as fans call it, is a best…