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  • Business Insider поделился ссылкой
    2025-06-16 07:55:31 -
    Burnout, $1M income, retiring early: Lessons from 29 people secretly working multiple remote jobs

    Secretly working multiple full-time remote jobs may sound like a nightmare — but Americans looking to make their financial dreams come true willingly hustle for it.Over the past two years, Business Insider has interviewed more than two dozen "overemployed" workers, many of whom work in tech roles. They tend to work long hours but say the extra earnings are worth it to pay off student debt, save for an early retirement, and afford expensive vacations and weight-loss drugs. Many started working multiple jobs during the pandemic, when remote job openings soared.One example is Sarah, who's on track to earn about this year by secretly working two remote IT jobs. Over the last few years, Sarah said the extra income from job juggling has helped her save more than in her 401s, pay off in credit card debt, and furnish her home.Sarah, who's in her 50s and lives in the Southeast, said working 12-hour days is worth it for the job security. This security came in handy when she was laid off from one of her jobs last year. She's since found a new second gig."I want to ride this out until I retire," Sarah previously told BI. Business Insider verified her identity, but she asked to use a pseudonym, citing fears of professional repercussions. BI spoke to one boss who caught an employee secretly working another job and fired him. Job juggling could breach some employment contracts and be a fireable offense.Overemployed workers like Sarah told BI how they've landed extra roles, juggled the workload, and stayed under the radar. Some said they rely on tactics like blocking off calendars, using separate devices, minimizing meetings, and sticking to flexible roles with low oversight.
    While job juggling could have professional repercussions or lead to burnout, and some readers have questioned the ethics of this working arrangement, many workers have told BI they don't feel guilty about their job juggling — and that the financial benefits generally outweigh the downsides and risks.

    In recent years, some have struggled to land new remote gigs, due in part to hiring slowdowns and return-to-office mandates. Most said they plan to continue pursuing overemployment as long as they can.Read the stories ahead to learn how some Americans have managed the workload, risks, and stress of working multiple jobs — and transformed their finances.
    #burnout #income #retiring #early #lessons
    Burnout, $1M income, retiring early: Lessons from 29 people secretly working multiple remote jobs
    Secretly working multiple full-time remote jobs may sound like a nightmare — but Americans looking to make their financial dreams come true willingly hustle for it.Over the past two years, Business Insider has interviewed more than two dozen "overemployed" workers, many of whom work in tech roles. They tend to work long hours but say the extra earnings are worth it to pay off student debt, save for an early retirement, and afford expensive vacations and weight-loss drugs. Many started working multiple jobs during the pandemic, when remote job openings soared.One example is Sarah, who's on track to earn about this year by secretly working two remote IT jobs. Over the last few years, Sarah said the extra income from job juggling has helped her save more than in her 401s, pay off in credit card debt, and furnish her home.Sarah, who's in her 50s and lives in the Southeast, said working 12-hour days is worth it for the job security. This security came in handy when she was laid off from one of her jobs last year. She's since found a new second gig."I want to ride this out until I retire," Sarah previously told BI. Business Insider verified her identity, but she asked to use a pseudonym, citing fears of professional repercussions. BI spoke to one boss who caught an employee secretly working another job and fired him. Job juggling could breach some employment contracts and be a fireable offense.Overemployed workers like Sarah told BI how they've landed extra roles, juggled the workload, and stayed under the radar. Some said they rely on tactics like blocking off calendars, using separate devices, minimizing meetings, and sticking to flexible roles with low oversight. While job juggling could have professional repercussions or lead to burnout, and some readers have questioned the ethics of this working arrangement, many workers have told BI they don't feel guilty about their job juggling — and that the financial benefits generally outweigh the downsides and risks. In recent years, some have struggled to land new remote gigs, due in part to hiring slowdowns and return-to-office mandates. Most said they plan to continue pursuing overemployment as long as they can.Read the stories ahead to learn how some Americans have managed the workload, risks, and stress of working multiple jobs — and transformed their finances. #burnout #income #retiring #early #lessons
    WWW.BUSINESSINSIDER.COM
    Burnout, $1M income, retiring early: Lessons from 29 people secretly working multiple remote jobs
    Secretly working multiple full-time remote jobs may sound like a nightmare — but Americans looking to make their financial dreams come true willingly hustle for it.Over the past two years, Business Insider has interviewed more than two dozen "overemployed" workers, many of whom work in tech roles. They tend to work long hours but say the extra earnings are worth it to pay off student debt, save for an early retirement, and afford expensive vacations and weight-loss drugs. Many started working multiple jobs during the pandemic, when remote job openings soared.One example is Sarah, who's on track to earn about $300,000 this year by secretly working two remote IT jobs. Over the last few years, Sarah said the extra income from job juggling has helped her save more than $100,000 in her 401(k)s, pay off $17,000 in credit card debt, and furnish her home.Sarah, who's in her 50s and lives in the Southeast, said working 12-hour days is worth it for the job security. This security came in handy when she was laid off from one of her jobs last year. She's since found a new second gig."I want to ride this out until I retire," Sarah previously told BI. Business Insider verified her identity, but she asked to use a pseudonym, citing fears of professional repercussions. BI spoke to one boss who caught an employee secretly working another job and fired him. Job juggling could breach some employment contracts and be a fireable offense.Overemployed workers like Sarah told BI how they've landed extra roles, juggled the workload, and stayed under the radar. Some said they rely on tactics like blocking off calendars, using separate devices, minimizing meetings, and sticking to flexible roles with low oversight. While job juggling could have professional repercussions or lead to burnout, and some readers have questioned the ethics of this working arrangement, many workers have told BI they don't feel guilty about their job juggling — and that the financial benefits generally outweigh the downsides and risks. In recent years, some have struggled to land new remote gigs, due in part to hiring slowdowns and return-to-office mandates. Most said they plan to continue pursuing overemployment as long as they can.Read the stories ahead to learn how some Americans have managed the workload, risks, and stress of working multiple jobs — and transformed their finances.
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  • Business Insider поделился ссылкой
    2025-06-15 06:53:51 -
    I had my baby at 48 through IVF. Being an older mom has so many benefits.

    Rene Byrd did IVF to have her baby.

    Courtesy of Rene Byrd

    2025-06-14T21:23:01Z

    d

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    Rene Byrd is a 49-year-old singer-songwriter in London who had her first baby at 48.
    She had held on to hope for a baby throughout her 40s, undergoing IVF for over two years.
    Being an older mom has had several benefits, like financial security and contentment.

    This as-told-to essay is based on a conversation with Rene Byrd. It has been edited for length and clarity.When I turned 40, I went on a seven-day retreat full of meditation and massage to fall in love with myself. I'm a strong believer that to find love, you first have to love yourself.I had wanted to settle down with someone and build a family, but it just hadn't happened. Three years prior, I had frozen my eggs because I knew that I wanted a family someday.On the retreat, I felt deep in my spirit that I would one day find my person and hold my child in my hands. I wouldn't give up hope.I met someone at a barReturning home, I continued dating, but it wasn't until a chance meeting at a bar that I finally found the man who would become my husband. I hadn't quite turned 41, and he was 34.I remember not wanting to scare him off by talking too much about my desire for kids, but we did have discussions about the future. When love started to bloom between the two of us, we started looking at what our options were for having a child together.After trying holistic methods to no avail, we decided to go down the IVF route. I'd heard horror stories about IVF — that it was never straightforward — but as I already had my eggs frozen, it was the best option for us at the time.I felt guilty for waiting so longTwo-and-a-half long years later, I was given the news from the IVF clinic — I was pregnant. I fell apart, phoning my husband to tell him we would be having a baby.

    Rene Byrd got pregnant at age 48 thanks to IVF.

    Courtesy of Rene Byrd

    Throughout my pregnancy, I remember being scared of what this new life as a mother would look like. I had little panic attacks considering how different life would be, as compared to the decades of life without a child. And then I felt guilty, telling myself I had waited so long for this. There was a lot of grappling with these thoughts until I realized my child would just be an extension of me.Once our little boy, Crue, was born in November 2024, I felt ready for his arrival in theory. Having spent years hearing from friends with children, I had an idea of what to expect. Even still, those early days were a lot to deal with. All these things were being thrown at me about what I should and shouldn't do with a baby.Being a mom in my late 40s has so many beautiful benefitsI joined online mother and baby communities and in-person baby groups, finding my tribe of mothers like me, ones that were "older."There is a stillness within me that grounds me as I take care of Crue. I have this playbook of mothering, developed from years of research and observation, that has given me assurance that even when things don't seem to be going to plan — like breastfeeding or sleeping — I was OK, and so was he.Having built up financial security, I didn't worry about how I was going to provide for a baby. Established in a career, I could plan for all baby-related expenses, including IVF.And since I had gotten so much out of my system in my younger years — corporate working, parties, nice restaurants — I felt content to settle in at home with my baby and husband. I never feel like I'm missing out.The only concern I've heard quietly whispered in different circles is that of my health. I know that as I get older, little issues with my body could pop up — issues that I might not have had as a younger mother. This has forced me to look after my body more than I ever have so that I can fully enjoy time with Crue as he gets older.Becoming a mother had always been a dream of mine. I trusted the process, holding on to hope, and although delayed, my dream finally came true.
    #had #baby #through #ivf #being
    I had my baby at 48 through IVF. Being an older mom has so many benefits.
    Rene Byrd did IVF to have her baby. Courtesy of Rene Byrd 2025-06-14T21:23:01Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Rene Byrd is a 49-year-old singer-songwriter in London who had her first baby at 48. She had held on to hope for a baby throughout her 40s, undergoing IVF for over two years. Being an older mom has had several benefits, like financial security and contentment. This as-told-to essay is based on a conversation with Rene Byrd. It has been edited for length and clarity.When I turned 40, I went on a seven-day retreat full of meditation and massage to fall in love with myself. I'm a strong believer that to find love, you first have to love yourself.I had wanted to settle down with someone and build a family, but it just hadn't happened. Three years prior, I had frozen my eggs because I knew that I wanted a family someday.On the retreat, I felt deep in my spirit that I would one day find my person and hold my child in my hands. I wouldn't give up hope.I met someone at a barReturning home, I continued dating, but it wasn't until a chance meeting at a bar that I finally found the man who would become my husband. I hadn't quite turned 41, and he was 34.I remember not wanting to scare him off by talking too much about my desire for kids, but we did have discussions about the future. When love started to bloom between the two of us, we started looking at what our options were for having a child together.After trying holistic methods to no avail, we decided to go down the IVF route. I'd heard horror stories about IVF — that it was never straightforward — but as I already had my eggs frozen, it was the best option for us at the time.I felt guilty for waiting so longTwo-and-a-half long years later, I was given the news from the IVF clinic — I was pregnant. I fell apart, phoning my husband to tell him we would be having a baby. Rene Byrd got pregnant at age 48 thanks to IVF. Courtesy of Rene Byrd Throughout my pregnancy, I remember being scared of what this new life as a mother would look like. I had little panic attacks considering how different life would be, as compared to the decades of life without a child. And then I felt guilty, telling myself I had waited so long for this. There was a lot of grappling with these thoughts until I realized my child would just be an extension of me.Once our little boy, Crue, was born in November 2024, I felt ready for his arrival in theory. Having spent years hearing from friends with children, I had an idea of what to expect. Even still, those early days were a lot to deal with. All these things were being thrown at me about what I should and shouldn't do with a baby.Being a mom in my late 40s has so many beautiful benefitsI joined online mother and baby communities and in-person baby groups, finding my tribe of mothers like me, ones that were "older."There is a stillness within me that grounds me as I take care of Crue. I have this playbook of mothering, developed from years of research and observation, that has given me assurance that even when things don't seem to be going to plan — like breastfeeding or sleeping — I was OK, and so was he.Having built up financial security, I didn't worry about how I was going to provide for a baby. Established in a career, I could plan for all baby-related expenses, including IVF.And since I had gotten so much out of my system in my younger years — corporate working, parties, nice restaurants — I felt content to settle in at home with my baby and husband. I never feel like I'm missing out.The only concern I've heard quietly whispered in different circles is that of my health. I know that as I get older, little issues with my body could pop up — issues that I might not have had as a younger mother. This has forced me to look after my body more than I ever have so that I can fully enjoy time with Crue as he gets older.Becoming a mother had always been a dream of mine. I trusted the process, holding on to hope, and although delayed, my dream finally came true. #had #baby #through #ivf #being
    WWW.BUSINESSINSIDER.COM
    I had my baby at 48 through IVF. Being an older mom has so many benefits.
    Rene Byrd did IVF to have her baby. Courtesy of Rene Byrd 2025-06-14T21:23:01Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Rene Byrd is a 49-year-old singer-songwriter in London who had her first baby at 48. She had held on to hope for a baby throughout her 40s, undergoing IVF for over two years. Being an older mom has had several benefits, like financial security and contentment. This as-told-to essay is based on a conversation with Rene Byrd. It has been edited for length and clarity.When I turned 40, I went on a seven-day retreat full of meditation and massage to fall in love with myself. I'm a strong believer that to find love, you first have to love yourself.I had wanted to settle down with someone and build a family, but it just hadn't happened. Three years prior, I had frozen my eggs because I knew that I wanted a family someday.On the retreat, I felt deep in my spirit that I would one day find my person and hold my child in my hands. I wouldn't give up hope.I met someone at a barReturning home, I continued dating, but it wasn't until a chance meeting at a bar that I finally found the man who would become my husband. I hadn't quite turned 41, and he was 34.I remember not wanting to scare him off by talking too much about my desire for kids, but we did have discussions about the future. When love started to bloom between the two of us, we started looking at what our options were for having a child together.After trying holistic methods to no avail, we decided to go down the IVF route. I'd heard horror stories about IVF — that it was never straightforward — but as I already had my eggs frozen, it was the best option for us at the time.I felt guilty for waiting so longTwo-and-a-half long years later, I was given the news from the IVF clinic — I was pregnant. I fell apart, phoning my husband to tell him we would be having a baby. Rene Byrd got pregnant at age 48 thanks to IVF. Courtesy of Rene Byrd Throughout my pregnancy, I remember being scared of what this new life as a mother would look like. I had little panic attacks considering how different life would be, as compared to the decades of life without a child. And then I felt guilty, telling myself I had waited so long for this. There was a lot of grappling with these thoughts until I realized my child would just be an extension of me.Once our little boy, Crue, was born in November 2024, I felt ready for his arrival in theory. Having spent years hearing from friends with children, I had an idea of what to expect. Even still, those early days were a lot to deal with. All these things were being thrown at me about what I should and shouldn't do with a baby.Being a mom in my late 40s has so many beautiful benefitsI joined online mother and baby communities and in-person baby groups, finding my tribe of mothers like me, ones that were "older."There is a stillness within me that grounds me as I take care of Crue. I have this playbook of mothering, developed from years of research and observation, that has given me assurance that even when things don't seem to be going to plan — like breastfeeding or sleeping — I was OK, and so was he.Having built up financial security, I didn't worry about how I was going to provide for a baby. Established in a career, I could plan for all baby-related expenses, including IVF.And since I had gotten so much out of my system in my younger years — corporate working, parties, nice restaurants — I felt content to settle in at home with my baby and husband. I never feel like I'm missing out.The only concern I've heard quietly whispered in different circles is that of my health. I know that as I get older, little issues with my body could pop up — issues that I might not have had as a younger mother. This has forced me to look after my body more than I ever have so that I can fully enjoy time with Crue as he gets older.Becoming a mother had always been a dream of mine. I trusted the process, holding on to hope, and although delayed, my dream finally came true.
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    Войдите, чтобы отмечать, делиться и комментировать!
  • Business Insider поделился ссылкой
    2025-06-15 06:47:16 -
    Photos show the tanks, planes, and soldiers featured in the US Army's 250th anniversary parade held on Trump's birthday

    President Donald Trump has long expressed interest in holding a military parade. He finally got one for his birthday.The US Army celebrated its 250th anniversary on Saturday in Washington, DC, with a parade featuring 6,600 troops, 150 vehicles, and over 50 aircraft.June 14 also marked Trump's 79th birthday.Trump attended the event accompanied by first lady Melania Trump and other family members. The president stood to salute troops as they passed his viewing box.In May, a US Army spokesperson told CNBC that the event could cost between million and million in total.

    Prior to the parade, the National Mall was lined with displays of tanks, planes, cannons, and other weaponry to educate onlookers about the US Army's history and modern capabilities.

    A tank is on display on the National Mall ahead of the Army's 250th anniversary parade.

    Amid Farahi/AFP via Getty Images

    The US Army also held a fitness competition where service members competed against one another in various drills.

    A member of the military climbed a rope during a fitness competition at the US Army's 250th Anniversary festival in Washington, DC.

    Anna Moneymaker/Getty Images

    Anti-Trump "No Kings" counterprotests, organized by the grassroots group 50501, were held nationwide ahead of the parade.

    A "No Kings" protest in Los Angeles.

    Aude Guerrucci/REUTERS

    Protest signs across the country condemned Trump's policies and expressed support for progressive causes.

    A "No Kings" protest in New York City.

    Eduardo Munoz/REUTERS

    President Donald Trump attended the parade with first lady Melania Trump. Vice President JD Vance and second lady Usha Vance were also present.

    Donald Trump and Melania Trump at the Army 250th Anniversary Parade.

    DOUG MILLS/POOL/AFP via Getty Images

    The Trump family members in attendance included Donald Trump Jr. and girlfriend Bettina Anderson, Eric and Lara Trump, and Tiffany Trump's husband, Michael Boulos.

    President Donald Trump, first lady Melania Trump, and other Trump family members and White House officials at the US Army's 250th anniversary parade.

    Mandel NGAN/AFP via Getty Images

    The parade featured service members dressed in historic uniforms dating back to the Revolutionary War, honoring the origins of the US Army.

    US military service members in Revolutionary War uniforms marched along Constitution Avenue during the Army's 250th anniversary parade in Washington, DC.

    Amid FARAHI/AFP via Getty Images

    Historic tanks such as the Sherman tank used in World War II rolled through the streets.

    Members of the U.S Army drive in a Sherman tank in the US Army's 250th anniversary parade in Washington, DC.

    Samuel Corum/Getty Images

    The parade also featured more modern tanks such as M2 Bradley Fighting Vehicles, which the US used in the Iraq War and provided to Ukraine amid the ongoing war with Russia.

    An M2 Bradley Fighting Vehicle rolls down Constitution Avenue during the Army's 250th Anniversary Parade in Washington, DC.

    AMID FARAHI/AFP via Getty Images

    Service members driving the vehicles waved and gestured at the crowds, who braved rainy weather to watch the festivities.

    Members of the US Army drive a Bradley Fighting Vehicle in the 250th anniversary parade.

    Andrew Harnik/Getty Images

    The Golden Knights, the US Army's parachute demonstration and competition team, leapt from planes and landed in front of the White House during the parade.

    A member of the Golden Knights during the US Army's 250th anniversary parade.

    Mandel NGAN / AFP

    Lines of uniformed service members stretched all the way down Constitution Avenue.

    Members of the US Army march in the 250th anniversary parade in Washington, DC.

    Kevin Dietsch/Getty Images

    B-25 and P-51 planes performed flyovers despite foggy skies.

    A US Army B-25 and two P-51s performed a flyover during the Army's 250th Anniversary Parade in Washington, DC.

    OLIVER CONTRERAS/AFP via Getty Images

    Army helicopters flew in formation over the National Mall.

    A girl waved at a squad of helicopters during the Army's 250th Anniversary Parade.

    MATTHEW HATCHER/AFP via Getty Images

    After the parade, the night ended with fireworks to celebrate the US Army's 250th birthday and Trump's 79th.

    Donald Trump and Melania Trump watch fireworks in Washington, DC, after the US Army's 250th anniversary parade.

    Doug Mills/Pool/Getty Images
    #photos #show #tanks #planes #soldiers
    Photos show the tanks, planes, and soldiers featured in the US Army's 250th anniversary parade held on Trump's birthday
    President Donald Trump has long expressed interest in holding a military parade. He finally got one for his birthday.The US Army celebrated its 250th anniversary on Saturday in Washington, DC, with a parade featuring 6,600 troops, 150 vehicles, and over 50 aircraft.June 14 also marked Trump's 79th birthday.Trump attended the event accompanied by first lady Melania Trump and other family members. The president stood to salute troops as they passed his viewing box.In May, a US Army spokesperson told CNBC that the event could cost between million and million in total. Prior to the parade, the National Mall was lined with displays of tanks, planes, cannons, and other weaponry to educate onlookers about the US Army's history and modern capabilities. A tank is on display on the National Mall ahead of the Army's 250th anniversary parade. Amid Farahi/AFP via Getty Images The US Army also held a fitness competition where service members competed against one another in various drills. A member of the military climbed a rope during a fitness competition at the US Army's 250th Anniversary festival in Washington, DC. Anna Moneymaker/Getty Images Anti-Trump "No Kings" counterprotests, organized by the grassroots group 50501, were held nationwide ahead of the parade. A "No Kings" protest in Los Angeles. Aude Guerrucci/REUTERS Protest signs across the country condemned Trump's policies and expressed support for progressive causes. A "No Kings" protest in New York City. Eduardo Munoz/REUTERS President Donald Trump attended the parade with first lady Melania Trump. Vice President JD Vance and second lady Usha Vance were also present. Donald Trump and Melania Trump at the Army 250th Anniversary Parade. DOUG MILLS/POOL/AFP via Getty Images The Trump family members in attendance included Donald Trump Jr. and girlfriend Bettina Anderson, Eric and Lara Trump, and Tiffany Trump's husband, Michael Boulos. President Donald Trump, first lady Melania Trump, and other Trump family members and White House officials at the US Army's 250th anniversary parade. Mandel NGAN/AFP via Getty Images The parade featured service members dressed in historic uniforms dating back to the Revolutionary War, honoring the origins of the US Army. US military service members in Revolutionary War uniforms marched along Constitution Avenue during the Army's 250th anniversary parade in Washington, DC. Amid FARAHI/AFP via Getty Images Historic tanks such as the Sherman tank used in World War II rolled through the streets. Members of the U.S Army drive in a Sherman tank in the US Army's 250th anniversary parade in Washington, DC. Samuel Corum/Getty Images The parade also featured more modern tanks such as M2 Bradley Fighting Vehicles, which the US used in the Iraq War and provided to Ukraine amid the ongoing war with Russia. An M2 Bradley Fighting Vehicle rolls down Constitution Avenue during the Army's 250th Anniversary Parade in Washington, DC. AMID FARAHI/AFP via Getty Images Service members driving the vehicles waved and gestured at the crowds, who braved rainy weather to watch the festivities. Members of the US Army drive a Bradley Fighting Vehicle in the 250th anniversary parade. Andrew Harnik/Getty Images The Golden Knights, the US Army's parachute demonstration and competition team, leapt from planes and landed in front of the White House during the parade. A member of the Golden Knights during the US Army's 250th anniversary parade. Mandel NGAN / AFP Lines of uniformed service members stretched all the way down Constitution Avenue. Members of the US Army march in the 250th anniversary parade in Washington, DC. Kevin Dietsch/Getty Images B-25 and P-51 planes performed flyovers despite foggy skies. A US Army B-25 and two P-51s performed a flyover during the Army's 250th Anniversary Parade in Washington, DC. OLIVER CONTRERAS/AFP via Getty Images Army helicopters flew in formation over the National Mall. A girl waved at a squad of helicopters during the Army's 250th Anniversary Parade. MATTHEW HATCHER/AFP via Getty Images After the parade, the night ended with fireworks to celebrate the US Army's 250th birthday and Trump's 79th. Donald Trump and Melania Trump watch fireworks in Washington, DC, after the US Army's 250th anniversary parade. Doug Mills/Pool/Getty Images #photos #show #tanks #planes #soldiers
    WWW.BUSINESSINSIDER.COM
    Photos show the tanks, planes, and soldiers featured in the US Army's 250th anniversary parade held on Trump's birthday
    President Donald Trump has long expressed interest in holding a military parade. He finally got one for his birthday.The US Army celebrated its 250th anniversary on Saturday in Washington, DC, with a parade featuring 6,600 troops, 150 vehicles, and over 50 aircraft.June 14 also marked Trump's 79th birthday.Trump attended the event accompanied by first lady Melania Trump and other family members. The president stood to salute troops as they passed his viewing box.In May, a US Army spokesperson told CNBC that the event could cost between $25 million and $45 million in total. Prior to the parade, the National Mall was lined with displays of tanks, planes, cannons, and other weaponry to educate onlookers about the US Army's history and modern capabilities. A tank is on display on the National Mall ahead of the Army's 250th anniversary parade. Amid Farahi/AFP via Getty Images The US Army also held a fitness competition where service members competed against one another in various drills. A member of the military climbed a rope during a fitness competition at the US Army's 250th Anniversary festival in Washington, DC. Anna Moneymaker/Getty Images Anti-Trump "No Kings" counterprotests, organized by the grassroots group 50501, were held nationwide ahead of the parade. A "No Kings" protest in Los Angeles. Aude Guerrucci/REUTERS Protest signs across the country condemned Trump's policies and expressed support for progressive causes. A "No Kings" protest in New York City. Eduardo Munoz/REUTERS President Donald Trump attended the parade with first lady Melania Trump. Vice President JD Vance and second lady Usha Vance were also present. Donald Trump and Melania Trump at the Army 250th Anniversary Parade. DOUG MILLS/POOL/AFP via Getty Images The Trump family members in attendance included Donald Trump Jr. and girlfriend Bettina Anderson, Eric and Lara Trump, and Tiffany Trump's husband, Michael Boulos. President Donald Trump, first lady Melania Trump, and other Trump family members and White House officials at the US Army's 250th anniversary parade. Mandel NGAN/AFP via Getty Images The parade featured service members dressed in historic uniforms dating back to the Revolutionary War, honoring the origins of the US Army. US military service members in Revolutionary War uniforms marched along Constitution Avenue during the Army's 250th anniversary parade in Washington, DC. Amid FARAHI/AFP via Getty Images Historic tanks such as the Sherman tank used in World War II rolled through the streets. Members of the U.S Army drive in a Sherman tank in the US Army's 250th anniversary parade in Washington, DC. Samuel Corum/Getty Images The parade also featured more modern tanks such as M2 Bradley Fighting Vehicles, which the US used in the Iraq War and provided to Ukraine amid the ongoing war with Russia. An M2 Bradley Fighting Vehicle rolls down Constitution Avenue during the Army's 250th Anniversary Parade in Washington, DC. AMID FARAHI/AFP via Getty Images Service members driving the vehicles waved and gestured at the crowds, who braved rainy weather to watch the festivities. Members of the US Army drive a Bradley Fighting Vehicle in the 250th anniversary parade. Andrew Harnik/Getty Images The Golden Knights, the US Army's parachute demonstration and competition team, leapt from planes and landed in front of the White House during the parade. A member of the Golden Knights during the US Army's 250th anniversary parade. Mandel NGAN / AFP Lines of uniformed service members stretched all the way down Constitution Avenue. Members of the US Army march in the 250th anniversary parade in Washington, DC. Kevin Dietsch/Getty Images B-25 and P-51 planes performed flyovers despite foggy skies. A US Army B-25 and two P-51s performed a flyover during the Army's 250th Anniversary Parade in Washington, DC. OLIVER CONTRERAS/AFP via Getty Images Army helicopters flew in formation over the National Mall. A girl waved at a squad of helicopters during the Army's 250th Anniversary Parade. MATTHEW HATCHER/AFP via Getty Images After the parade, the night ended with fireworks to celebrate the US Army's 250th birthday and Trump's 79th. Donald Trump and Melania Trump watch fireworks in Washington, DC, after the US Army's 250th anniversary parade. Doug Mills/Pool/Getty Images
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  • Business Insider поделился ссылкой
    2025-06-07 20:31:19 -
    Trump says he has no desire to fix his relationship with Musk, even after the former 'first buddy' deletes his X posts

    President Donald Trump and Elon Musk had a very public spat this week.

    Jeff Bottari/Zuffa LLC via Getty Images

    2025-06-07T19:13:48Z

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    President Donald Trump says he has no desire to repair his relationship with Elon Musk.
    He also said Musk would face "serious consequences" if he funds Democrats.
    Meanwhile, Musk deleted some of his most incendiary X posts on Saturday.

    It seems Elon Musk won't be President Donald Trump's "first buddy" again anytime soon.Trump told NBC News on Saturday that he has no plans to repair his relationship with Musk after it imploded this week. When asked if their relationship is done, Trump said, simply, "I would assume so, yeah."Trump said he doesn't intend to speak with Musk and said the tech billionaire was "disrespectful to the office of the President.""I think it's a very bad thing, because he's very disrespectful. You could not disrespect the office of the President," Trump said.The epic and very public fallout began after Musk criticized Trump's tax bill, which the president calls his "One Big Beautiful Bill."During Thursday's dramatic exchange, which took place mostly on the social media networks each billionaire owns, Trump threatened to terminate Musk's government contracts and subsidies. Musk shot back that Trump was in the so-called "Epstein files" in a now-deleted post.In the NBC interview on Saturday, Trump warned Musk against funding Democratic candidates running against GOP members voting in favor of the bill, saying there will be "serious consequences.""If he does, he'll have to pay the consequences for that," Trump said. "He'll have to pay very serious consequences if he does that."Last month, Musk said he would spend "a lot less" on political campaigns in the future. He spent hundreds of millions in support of Trump in 2024."If I see a reason to do political spending in the future, I will do it," Musk said at the Qatar Economic Forum last month. "I do not currently see a reason."Trump's remarks on Saturday came after Musk deleted some X posts from his account. He deleted the post referencing the Epstein files and a video he re-posted that appeared to show Trump partying with Epstein in the 1990s. Musk also deleted an X post in which he called a Trump comment an "obvious lie" and another post saying SpaceX would decommission its Dragon spacecraft "immediately."White House press secretary Karoline Leavitt told Business Insider that passing the tax bill is the president's priority."President Trump and the entire Administration will continue the important mission of cutting waste, fraud, and abuse from our federal government on behalf of taxpayers, and the passage of the One Big Beautiful Bill is critical to helping accomplish that mission," Leavitt said in a statement.Representatives for Musk did not respond to a request for comment from BI.The repercussions from Musk and Trump's dispute were swift, affecting the price of Tesla stock and Dogecoin. A senior White House official told BI that Trump is now considering selling his Tesla.On Saturday, Vice President JD Vance said it was a "huge mistake" for Musk to "go after the president" during the newest episode of "This Past Weekend w/ Theo Von.""I'm not saying he has to agree with the bill or agree with everything that I'm saying," Vance said. "I just think it's a huge mistake for the world's wealthiest man, I think one of the most transformational entrepreneurs ever — that's Elon — to be at this war with the world's most powerful man."During the interview, Vance said he thinks everything will be fine between the pair if Musk "chills out a little bit.""Hopefully Elon figures it out and comes back into the fold," Vance said, adding that Trump had been a "little frustrated" with Musk's recent criticisms."But I think he's been very restrained because the president doesn't think that he needs to be in a blood feud with Elon Musk, and I actually think if Elon chilled out a little bit, everything would be fine," Vance said.Musk responded to Vance's comment on X on Saturday, writing, simply, "Cool."

    Recommended video
    #trump #says #has #desire #fix
    Trump says he has no desire to fix his relationship with Musk, even after the former 'first buddy' deletes his X posts
    President Donald Trump and Elon Musk had a very public spat this week. Jeff Bottari/Zuffa LLC via Getty Images 2025-06-07T19:13:48Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? President Donald Trump says he has no desire to repair his relationship with Elon Musk. He also said Musk would face "serious consequences" if he funds Democrats. Meanwhile, Musk deleted some of his most incendiary X posts on Saturday. It seems Elon Musk won't be President Donald Trump's "first buddy" again anytime soon.Trump told NBC News on Saturday that he has no plans to repair his relationship with Musk after it imploded this week. When asked if their relationship is done, Trump said, simply, "I would assume so, yeah."Trump said he doesn't intend to speak with Musk and said the tech billionaire was "disrespectful to the office of the President.""I think it's a very bad thing, because he's very disrespectful. You could not disrespect the office of the President," Trump said.The epic and very public fallout began after Musk criticized Trump's tax bill, which the president calls his "One Big Beautiful Bill."During Thursday's dramatic exchange, which took place mostly on the social media networks each billionaire owns, Trump threatened to terminate Musk's government contracts and subsidies. Musk shot back that Trump was in the so-called "Epstein files" in a now-deleted post.In the NBC interview on Saturday, Trump warned Musk against funding Democratic candidates running against GOP members voting in favor of the bill, saying there will be "serious consequences.""If he does, he'll have to pay the consequences for that," Trump said. "He'll have to pay very serious consequences if he does that."Last month, Musk said he would spend "a lot less" on political campaigns in the future. He spent hundreds of millions in support of Trump in 2024."If I see a reason to do political spending in the future, I will do it," Musk said at the Qatar Economic Forum last month. "I do not currently see a reason."Trump's remarks on Saturday came after Musk deleted some X posts from his account. He deleted the post referencing the Epstein files and a video he re-posted that appeared to show Trump partying with Epstein in the 1990s. Musk also deleted an X post in which he called a Trump comment an "obvious lie" and another post saying SpaceX would decommission its Dragon spacecraft "immediately."White House press secretary Karoline Leavitt told Business Insider that passing the tax bill is the president's priority."President Trump and the entire Administration will continue the important mission of cutting waste, fraud, and abuse from our federal government on behalf of taxpayers, and the passage of the One Big Beautiful Bill is critical to helping accomplish that mission," Leavitt said in a statement.Representatives for Musk did not respond to a request for comment from BI.The repercussions from Musk and Trump's dispute were swift, affecting the price of Tesla stock and Dogecoin. A senior White House official told BI that Trump is now considering selling his Tesla.On Saturday, Vice President JD Vance said it was a "huge mistake" for Musk to "go after the president" during the newest episode of "This Past Weekend w/ Theo Von.""I'm not saying he has to agree with the bill or agree with everything that I'm saying," Vance said. "I just think it's a huge mistake for the world's wealthiest man, I think one of the most transformational entrepreneurs ever — that's Elon — to be at this war with the world's most powerful man."During the interview, Vance said he thinks everything will be fine between the pair if Musk "chills out a little bit.""Hopefully Elon figures it out and comes back into the fold," Vance said, adding that Trump had been a "little frustrated" with Musk's recent criticisms."But I think he's been very restrained because the president doesn't think that he needs to be in a blood feud with Elon Musk, and I actually think if Elon chilled out a little bit, everything would be fine," Vance said.Musk responded to Vance's comment on X on Saturday, writing, simply, "Cool." Recommended video #trump #says #has #desire #fix
    WWW.BUSINESSINSIDER.COM
    Trump says he has no desire to fix his relationship with Musk, even after the former 'first buddy' deletes his X posts
    President Donald Trump and Elon Musk had a very public spat this week. Jeff Bottari/Zuffa LLC via Getty Images 2025-06-07T19:13:48Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? President Donald Trump says he has no desire to repair his relationship with Elon Musk. He also said Musk would face "serious consequences" if he funds Democrats. Meanwhile, Musk deleted some of his most incendiary X posts on Saturday. It seems Elon Musk won't be President Donald Trump's "first buddy" again anytime soon.Trump told NBC News on Saturday that he has no plans to repair his relationship with Musk after it imploded this week. When asked if their relationship is done, Trump said, simply, "I would assume so, yeah."Trump said he doesn't intend to speak with Musk and said the tech billionaire was "disrespectful to the office of the President.""I think it's a very bad thing, because he's very disrespectful. You could not disrespect the office of the President," Trump said.The epic and very public fallout began after Musk criticized Trump's tax bill, which the president calls his "One Big Beautiful Bill."During Thursday's dramatic exchange, which took place mostly on the social media networks each billionaire owns, Trump threatened to terminate Musk's government contracts and subsidies. Musk shot back that Trump was in the so-called "Epstein files" in a now-deleted post.In the NBC interview on Saturday, Trump warned Musk against funding Democratic candidates running against GOP members voting in favor of the bill, saying there will be "serious consequences.""If he does, he'll have to pay the consequences for that," Trump said. "He'll have to pay very serious consequences if he does that."Last month, Musk said he would spend "a lot less" on political campaigns in the future. He spent hundreds of millions in support of Trump in 2024."If I see a reason to do political spending in the future, I will do it," Musk said at the Qatar Economic Forum last month. "I do not currently see a reason."Trump's remarks on Saturday came after Musk deleted some X posts from his account. He deleted the post referencing the Epstein files and a video he re-posted that appeared to show Trump partying with Epstein in the 1990s. Musk also deleted an X post in which he called a Trump comment an "obvious lie" and another post saying SpaceX would decommission its Dragon spacecraft "immediately."White House press secretary Karoline Leavitt told Business Insider that passing the tax bill is the president's priority."President Trump and the entire Administration will continue the important mission of cutting waste, fraud, and abuse from our federal government on behalf of taxpayers, and the passage of the One Big Beautiful Bill is critical to helping accomplish that mission," Leavitt said in a statement.Representatives for Musk did not respond to a request for comment from BI.The repercussions from Musk and Trump's dispute were swift, affecting the price of Tesla stock and Dogecoin. A senior White House official told BI that Trump is now considering selling his Tesla.On Saturday, Vice President JD Vance said it was a "huge mistake" for Musk to "go after the president" during the newest episode of "This Past Weekend w/ Theo Von.""I'm not saying he has to agree with the bill or agree with everything that I'm saying," Vance said. "I just think it's a huge mistake for the world's wealthiest man, I think one of the most transformational entrepreneurs ever — that's Elon — to be at this war with the world's most powerful man."During the interview, Vance said he thinks everything will be fine between the pair if Musk "chills out a little bit.""Hopefully Elon figures it out and comes back into the fold," Vance said, adding that Trump had been a "little frustrated" with Musk's recent criticisms."But I think he's been very restrained because the president doesn't think that he needs to be in a blood feud with Elon Musk, and I actually think if Elon chilled out a little bit, everything would be fine," Vance said.Musk responded to Vance's comment on X on Saturday, writing, simply, "Cool." Recommended video
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  • Business Insider поделился ссылкой
    2025-06-06 07:36:40 -
    Here's how big business leaders are reacting to the Trump-Musk breakup

    Business leaders are weighing in on the Elon Musk and Donald Trump breakup.

    Kevin Dietsch/Getty Images

    2025-06-06T05:49:58Z

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    The friendship between Elon Musk and Donald Trump publicly unravelled on Thursday.
    It all started when Musk criticized Trump's "Big Beautiful Bill."
    Here's what business leaders like Mark Cuban and Bill Ackman have to say about the breakup.

    Amid a dramatic falling out between Donald Trump and his "first buddy," Elon Musk, some of the business world's most influential voices are weighing in.The relationship between the president and his once-close ally imploded on Thursday as they clashed publicly over Trump's "Big Beautiful Bill."Musk, who stepped down from his role at DOGE in May, took to X to criticize the bill, calling it the "Debt Slavery Bill" and the "Big Ugly Spending Bill."In response, Trump fired back at Musk during a White House event. He also defended the bill on Truth Social, while threatening to cancel Musk's government contracts.Musk saw his net worth fall by billion on Thursday, per the Bloomberg Billionaires Index. Tesla shares were also down by more than 14%.Here's what several business leaders have to say about the row.Mark Cuban

    Mark Cuban appeared to support Elon Musk's suggestion to start a new political party.

    Richard Rodriguez/Getty Images

    Amid his feud with Trump, Musk proposed creating a new political party for "the middle" in a poll on X.Mark Cuban appeared to endorse the idea, quoting Musk's post and replying with three check marks.
    The former "Shark Tank" star previously said he's "not a fan of either party," but would run as a Republican if he wanted to join politics.Bill Ackman

    Bill Ackman called on Musk and Trump to reconcile.

    Brian Snyder/Reuters

    Hedge fund billionaire Bill Ackman voiced his support for both Trump and Musk on X, calling on the two to put aside their differences and "make peace for the benefit of our country."Ackman, who had endorsed Trump for his 2024 presidential bid, wrote: "We are much stronger together than apart." "You're not wrong," Musk responded.Paul Graham

    Paul Graham also took to X to share his thoughts on the feud.

    Joe Corrigan/Getty Images for AOL

    Paul Graham, cofounder of the startup accelerator Y Combinator, also weighed in on the public feud between the president and the Tesla CEO.
    "A lot of people seem to be treating this as if it were just a beef. But the underlying allegation is a very serious one. If it's true, Trump is surely going to have to resign," he wrote in a post on X.Graham did not specify what allegation he was referring to.Hours before Graham made his post, Musk went on X and accused Trump of withholding information about Jeffrey Epstein."Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!" Musk wrote on X.Graham told Musk in February that he should work with the government "carefully" because it's not "just a company."A representative for Graham did not immediately respond to a request for comment from Business Insider.
    #here039s #how #big #business #leaders
    Here's how big business leaders are reacting to the Trump-Musk breakup
    Business leaders are weighing in on the Elon Musk and Donald Trump breakup. Kevin Dietsch/Getty Images 2025-06-06T05:49:58Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? The friendship between Elon Musk and Donald Trump publicly unravelled on Thursday. It all started when Musk criticized Trump's "Big Beautiful Bill." Here's what business leaders like Mark Cuban and Bill Ackman have to say about the breakup. Amid a dramatic falling out between Donald Trump and his "first buddy," Elon Musk, some of the business world's most influential voices are weighing in.The relationship between the president and his once-close ally imploded on Thursday as they clashed publicly over Trump's "Big Beautiful Bill."Musk, who stepped down from his role at DOGE in May, took to X to criticize the bill, calling it the "Debt Slavery Bill" and the "Big Ugly Spending Bill."In response, Trump fired back at Musk during a White House event. He also defended the bill on Truth Social, while threatening to cancel Musk's government contracts.Musk saw his net worth fall by billion on Thursday, per the Bloomberg Billionaires Index. Tesla shares were also down by more than 14%.Here's what several business leaders have to say about the row.Mark Cuban Mark Cuban appeared to support Elon Musk's suggestion to start a new political party. Richard Rodriguez/Getty Images Amid his feud with Trump, Musk proposed creating a new political party for "the middle" in a poll on X.Mark Cuban appeared to endorse the idea, quoting Musk's post and replying with three check marks. The former "Shark Tank" star previously said he's "not a fan of either party," but would run as a Republican if he wanted to join politics.Bill Ackman Bill Ackman called on Musk and Trump to reconcile. Brian Snyder/Reuters Hedge fund billionaire Bill Ackman voiced his support for both Trump and Musk on X, calling on the two to put aside their differences and "make peace for the benefit of our country."Ackman, who had endorsed Trump for his 2024 presidential bid, wrote: "We are much stronger together than apart." "You're not wrong," Musk responded.Paul Graham Paul Graham also took to X to share his thoughts on the feud. Joe Corrigan/Getty Images for AOL Paul Graham, cofounder of the startup accelerator Y Combinator, also weighed in on the public feud between the president and the Tesla CEO. "A lot of people seem to be treating this as if it were just a beef. But the underlying allegation is a very serious one. If it's true, Trump is surely going to have to resign," he wrote in a post on X.Graham did not specify what allegation he was referring to.Hours before Graham made his post, Musk went on X and accused Trump of withholding information about Jeffrey Epstein."Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!" Musk wrote on X.Graham told Musk in February that he should work with the government "carefully" because it's not "just a company."A representative for Graham did not immediately respond to a request for comment from Business Insider. #here039s #how #big #business #leaders
    WWW.BUSINESSINSIDER.COM
    Here's how big business leaders are reacting to the Trump-Musk breakup
    Business leaders are weighing in on the Elon Musk and Donald Trump breakup. Kevin Dietsch/Getty Images 2025-06-06T05:49:58Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? The friendship between Elon Musk and Donald Trump publicly unravelled on Thursday. It all started when Musk criticized Trump's "Big Beautiful Bill." Here's what business leaders like Mark Cuban and Bill Ackman have to say about the breakup. Amid a dramatic falling out between Donald Trump and his "first buddy," Elon Musk, some of the business world's most influential voices are weighing in.The relationship between the president and his once-close ally imploded on Thursday as they clashed publicly over Trump's "Big Beautiful Bill."Musk, who stepped down from his role at DOGE in May, took to X to criticize the bill, calling it the "Debt Slavery Bill" and the "Big Ugly Spending Bill."In response, Trump fired back at Musk during a White House event. He also defended the bill on Truth Social, while threatening to cancel Musk's government contracts.Musk saw his net worth fall by $34 billion on Thursday, per the Bloomberg Billionaires Index. Tesla shares were also down by more than 14%.Here's what several business leaders have to say about the row.Mark Cuban Mark Cuban appeared to support Elon Musk's suggestion to start a new political party. Richard Rodriguez/Getty Images Amid his feud with Trump, Musk proposed creating a new political party for "the middle" in a poll on X.Mark Cuban appeared to endorse the idea, quoting Musk's post and replying with three check marks. The former "Shark Tank" star previously said he's "not a fan of either party," but would run as a Republican if he wanted to join politics.Bill Ackman Bill Ackman called on Musk and Trump to reconcile. Brian Snyder/Reuters Hedge fund billionaire Bill Ackman voiced his support for both Trump and Musk on X, calling on the two to put aside their differences and "make peace for the benefit of our country."Ackman, who had endorsed Trump for his 2024 presidential bid, wrote: "We are much stronger together than apart." "You're not wrong," Musk responded.Paul Graham Paul Graham also took to X to share his thoughts on the feud. Joe Corrigan/Getty Images for AOL Paul Graham, cofounder of the startup accelerator Y Combinator, also weighed in on the public feud between the president and the Tesla CEO. "A lot of people seem to be treating this as if it were just a beef. But the underlying allegation is a very serious one. If it's true, Trump is surely going to have to resign," he wrote in a post on X.Graham did not specify what allegation he was referring to.Hours before Graham made his post, Musk went on X and accused Trump of withholding information about Jeffrey Epstein."Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!" Musk wrote on X.Graham told Musk in February that he should work with the government "carefully" because it's not "just a company."A representative for Graham did not immediately respond to a request for comment from Business Insider.
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  • Business Insider поделился ссылкой
    2025-06-05 08:42:52 -
    There's doom and gloom about the economy, but million-dollar Hamptons home sales are booming

    A Bridgehampton home that Susan Breitenbach, a Hamptons real estate agent, sold for more than million in May 2025.

    Courtesy of Susan Breitenbach

    2025-06-05T08:07:01Z

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    Hamptons home sales are booming despite stock market volatility and recession fears.
    Home sales were up about 86% in the first quarter over the same time period in 2024.
    Prices and sales are soaring in the beach destination despite Wall Street volatility.

    As Wall Street reels with every twist and turn in President Donald Trump's trade war, there's little sign of economic uncertainty in Manhattan's favorite beach destination just 100 miles east.Demand for luxury real estate in the Hamptons is only growing. Sales and home prices have surged over the last year.Rising prices in the tony enclave are nothing new. The pandemic ushered in a surge of buyers looking to escape the city. The median sales price of homes in the Hamptons in the first quarter of 2025 was more than million, a 13% increase over the previous year and nearly double what it was five years ago, according to a recent Douglas Elliman report.Perhaps more notably, the pace of sales is also soaring this year. Sales were up about 86% in the first quarter over the same time period last year, according to the Douglas Elliman report. That's after home sales fell in the wake of the pandemic buying frenzy, and haven't returned to the highs of 2020."The tired story of the housing recovery coming out of the pandemic is high prices, low sales," Jonathan Miller, who leads the real estate appraisal and consulting firm Miller Samuel and authored the Douglas Elliman report, told Business Insider. "The Hamptons doesn't fit that pattern. It's high prices and high sales."Miller added that the sharp rise in sales is "unusual and counter to the prevailing trends."Susan Breitenbach, a top Hamptons real estate agent with the Corcoran Group, said she's closed more deals so far this year than in all of 2024. She's sold a slew of luxury homes, including a million oceanfront property in Bridgehampton, an Amagansett home for million, a Sag Harbor home on less than an acre for million, and a Southampton house for million.
    "It was really very surprising," Breitenbach, who's been selling property in the Hamptons for more than 30 years, told BI.

    A Southampton home Breitenbach sold for million in May 2025.

    Courtesy of Susan Breitenbach

    While some agents like Breitenbach are closing deals at the highest end of the market, the middle of the Hamptons market — homes between million and million — has driven the uptick in sales. These "meat and potatoes" sales, Miller said, are way up.So-called "tangible assets," like luxury real estate in very in-demand markets, can be particularly attractive to certain investors when markets are wobbly.Global stocks plummeted following Trump's "Liberation Day" tariffs announcement, and while they've mostly rebounded since the administration walked back some of their tariffs, markets are on edge. In early June, the Organization for Economic Co-operation and Development cut its forecast for the US economic growth rate in 2025 from 2.8% to 1.6%, citing Trump's trade policies."Hamptons real estate has a long history of appreciating over time," Andrew Saunders, president of the Hamptons real estate brokerage Saunders & Associates, told BI. Some more cautious buyers "might look at what's happening in the world at large and say, 'You know what, I'm going to wait a month or two and let the world take a few spins and see what happens.' But we're not seeing that occur en masse."Miller credited big Wall Street bonuses in 2024 for some of the spike in sales and agreed that market volatility could be pushing some to diversify their investments.The Hamptons rental market might be more sensitive to economic uncertainty. Breitenbach said rental interest was much higher than usual in January but has since fallen off. Miller, who doesn't track rentals in the Hamptons, added that an increase in sales would naturally lead to a drop in rental demand.Breitenbach recently listed a home on 2.5 acres of oceanfront property in Water Mill, which sits between Southampton and Bridgehampton, for million. "It's not about the house, it's about the land," she added. "And that's a deal."

    A Southampton home Breitenbach sold for nearly million in January.

    Courtesy of Susan Breitenbach

    Hamptons buyers are from all over. Breitenbach said she's seen an uptick in California buyers this year, and she still has foreign buyers. But a large share of her clients are still Manhattanites."A lot of it is the high-end New York — Manhattan — buyers, because there aren't many places they can go on the weekends," she said.Breitenbach said Memorial Day weekend this year felt more packed than ever out east, even with cooler-than-normal weather. "It looked like Fourth of July," she said.She doesn't expect market volatility and even threats of a recession to change that."It's going to be a busy summer in the Hamptons regardless," Breitenbach said. "People keep coming out here no matter what's going on."
    #there039s #doom #gloom #about #economy
    There's doom and gloom about the economy, but million-dollar Hamptons home sales are booming
    A Bridgehampton home that Susan Breitenbach, a Hamptons real estate agent, sold for more than million in May 2025. Courtesy of Susan Breitenbach 2025-06-05T08:07:01Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Hamptons home sales are booming despite stock market volatility and recession fears. Home sales were up about 86% in the first quarter over the same time period in 2024. Prices and sales are soaring in the beach destination despite Wall Street volatility. As Wall Street reels with every twist and turn in President Donald Trump's trade war, there's little sign of economic uncertainty in Manhattan's favorite beach destination just 100 miles east.Demand for luxury real estate in the Hamptons is only growing. Sales and home prices have surged over the last year.Rising prices in the tony enclave are nothing new. The pandemic ushered in a surge of buyers looking to escape the city. The median sales price of homes in the Hamptons in the first quarter of 2025 was more than million, a 13% increase over the previous year and nearly double what it was five years ago, according to a recent Douglas Elliman report.Perhaps more notably, the pace of sales is also soaring this year. Sales were up about 86% in the first quarter over the same time period last year, according to the Douglas Elliman report. That's after home sales fell in the wake of the pandemic buying frenzy, and haven't returned to the highs of 2020."The tired story of the housing recovery coming out of the pandemic is high prices, low sales," Jonathan Miller, who leads the real estate appraisal and consulting firm Miller Samuel and authored the Douglas Elliman report, told Business Insider. "The Hamptons doesn't fit that pattern. It's high prices and high sales."Miller added that the sharp rise in sales is "unusual and counter to the prevailing trends."Susan Breitenbach, a top Hamptons real estate agent with the Corcoran Group, said she's closed more deals so far this year than in all of 2024. She's sold a slew of luxury homes, including a million oceanfront property in Bridgehampton, an Amagansett home for million, a Sag Harbor home on less than an acre for million, and a Southampton house for million. "It was really very surprising," Breitenbach, who's been selling property in the Hamptons for more than 30 years, told BI. A Southampton home Breitenbach sold for million in May 2025. Courtesy of Susan Breitenbach While some agents like Breitenbach are closing deals at the highest end of the market, the middle of the Hamptons market — homes between million and million — has driven the uptick in sales. These "meat and potatoes" sales, Miller said, are way up.So-called "tangible assets," like luxury real estate in very in-demand markets, can be particularly attractive to certain investors when markets are wobbly.Global stocks plummeted following Trump's "Liberation Day" tariffs announcement, and while they've mostly rebounded since the administration walked back some of their tariffs, markets are on edge. In early June, the Organization for Economic Co-operation and Development cut its forecast for the US economic growth rate in 2025 from 2.8% to 1.6%, citing Trump's trade policies."Hamptons real estate has a long history of appreciating over time," Andrew Saunders, president of the Hamptons real estate brokerage Saunders & Associates, told BI. Some more cautious buyers "might look at what's happening in the world at large and say, 'You know what, I'm going to wait a month or two and let the world take a few spins and see what happens.' But we're not seeing that occur en masse."Miller credited big Wall Street bonuses in 2024 for some of the spike in sales and agreed that market volatility could be pushing some to diversify their investments.The Hamptons rental market might be more sensitive to economic uncertainty. Breitenbach said rental interest was much higher than usual in January but has since fallen off. Miller, who doesn't track rentals in the Hamptons, added that an increase in sales would naturally lead to a drop in rental demand.Breitenbach recently listed a home on 2.5 acres of oceanfront property in Water Mill, which sits between Southampton and Bridgehampton, for million. "It's not about the house, it's about the land," she added. "And that's a deal." A Southampton home Breitenbach sold for nearly million in January. Courtesy of Susan Breitenbach Hamptons buyers are from all over. Breitenbach said she's seen an uptick in California buyers this year, and she still has foreign buyers. But a large share of her clients are still Manhattanites."A lot of it is the high-end New York — Manhattan — buyers, because there aren't many places they can go on the weekends," she said.Breitenbach said Memorial Day weekend this year felt more packed than ever out east, even with cooler-than-normal weather. "It looked like Fourth of July," she said.She doesn't expect market volatility and even threats of a recession to change that."It's going to be a busy summer in the Hamptons regardless," Breitenbach said. "People keep coming out here no matter what's going on." #there039s #doom #gloom #about #economy
    WWW.BUSINESSINSIDER.COM
    There's doom and gloom about the economy, but million-dollar Hamptons home sales are booming
    A Bridgehampton home that Susan Breitenbach, a Hamptons real estate agent, sold for more than $14 million in May 2025. Courtesy of Susan Breitenbach 2025-06-05T08:07:01Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Hamptons home sales are booming despite stock market volatility and recession fears. Home sales were up about 86% in the first quarter over the same time period in 2024. Prices and sales are soaring in the beach destination despite Wall Street volatility. As Wall Street reels with every twist and turn in President Donald Trump's trade war, there's little sign of economic uncertainty in Manhattan's favorite beach destination just 100 miles east.Demand for luxury real estate in the Hamptons is only growing. Sales and home prices have surged over the last year.Rising prices in the tony enclave are nothing new. The pandemic ushered in a surge of buyers looking to escape the city. The median sales price of homes in the Hamptons in the first quarter of 2025 was more than $2 million, a 13% increase over the previous year and nearly double what it was five years ago, according to a recent Douglas Elliman report.Perhaps more notably, the pace of sales is also soaring this year. Sales were up about 86% in the first quarter over the same time period last year, according to the Douglas Elliman report. That's after home sales fell in the wake of the pandemic buying frenzy, and haven't returned to the highs of 2020."The tired story of the housing recovery coming out of the pandemic is high prices, low sales," Jonathan Miller, who leads the real estate appraisal and consulting firm Miller Samuel and authored the Douglas Elliman report, told Business Insider. "The Hamptons doesn't fit that pattern. It's high prices and high sales."Miller added that the sharp rise in sales is "unusual and counter to the prevailing trends."Susan Breitenbach, a top Hamptons real estate agent with the Corcoran Group, said she's closed more deals so far this year than in all of 2024. She's sold a slew of luxury homes, including a $17.5 million oceanfront property in Bridgehampton, an Amagansett home for $13 million, a Sag Harbor home on less than an acre for $21 million, and a Southampton house for $5.6 million. "It was really very surprising," Breitenbach, who's been selling property in the Hamptons for more than 30 years, told BI. A Southampton home Breitenbach sold for $5.6 million in May 2025. Courtesy of Susan Breitenbach While some agents like Breitenbach are closing deals at the highest end of the market, the middle of the Hamptons market — homes between $1 million and $5 million — has driven the uptick in sales. These "meat and potatoes" sales, Miller said, are way up.So-called "tangible assets," like luxury real estate in very in-demand markets, can be particularly attractive to certain investors when markets are wobbly.Global stocks plummeted following Trump's "Liberation Day" tariffs announcement, and while they've mostly rebounded since the administration walked back some of their tariffs, markets are on edge. In early June, the Organization for Economic Co-operation and Development cut its forecast for the US economic growth rate in 2025 from 2.8% to 1.6%, citing Trump's trade policies."Hamptons real estate has a long history of appreciating over time," Andrew Saunders, president of the Hamptons real estate brokerage Saunders & Associates, told BI. Some more cautious buyers "might look at what's happening in the world at large and say, 'You know what, I'm going to wait a month or two and let the world take a few spins and see what happens.' But we're not seeing that occur en masse."Miller credited big Wall Street bonuses in 2024 for some of the spike in sales and agreed that market volatility could be pushing some to diversify their investments.The Hamptons rental market might be more sensitive to economic uncertainty. Breitenbach said rental interest was much higher than usual in January but has since fallen off. Miller, who doesn't track rentals in the Hamptons, added that an increase in sales would naturally lead to a drop in rental demand.Breitenbach recently listed a home on 2.5 acres of oceanfront property in Water Mill, which sits between Southampton and Bridgehampton, for $44.5 million. "It's not about the house, it's about the land," she added. "And that's a deal." A Southampton home Breitenbach sold for nearly $12.7 million in January. Courtesy of Susan Breitenbach Hamptons buyers are from all over. Breitenbach said she's seen an uptick in California buyers this year, and she still has foreign buyers. But a large share of her clients are still Manhattanites."A lot of it is the high-end New York — Manhattan — buyers, because there aren't many places they can go on the weekends," she said.Breitenbach said Memorial Day weekend this year felt more packed than ever out east, even with cooler-than-normal weather. "It looked like Fourth of July," she said.She doesn't expect market volatility and even threats of a recession to change that."It's going to be a busy summer in the Hamptons regardless," Breitenbach said. "People keep coming out here no matter what's going on."
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  • Business Insider поделился ссылкой
    2025-06-05 08:33:57 -
    I'm an MBA admissions consultant. My international clients are still applying in droves to US schools.

    designer491/Getty Images

    2025-06-05T08:27:25Z

    d

    Read in app

    This story is available exclusively to Business Insider
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    Scott Edinburgh is still advising international students to apply for MBAs this year.
    US MBA programs can offer more networking and job opportunities than their European counterparts, he said.
    Sitting on the decision to apply for too long may hurt a candidate's acceptance chances.

    This as-told-to essay is based on a conversation with Scott Edinburgh, a Boston-based MBA admissions consultant. It has been edited for length and clarity.I launched an admissions consulting business in 2008 — it's a family business that I run with my sister.We get a lot of international students, and they sometimes make up half our clients for the year. Our reach matches what many schools are seeing. There is a lot of interest from India and China, as well as growing numbers in Europe, the Middle East, and some countries in Africa. For MBA programs, most students are in their mid- to late 20s and have some years of work experience.We offer guidance for universities in Europe and some other places, but there are still some unique features about pursuing an MBA in the US. An MBA as a course is more popular in the US than Europe and it opens up more networking opportunities, and the degree holds a bit more value. US programs are also stronger from a recruiting and job standpoint. It also comes down to where you want to establish yourself. If you want to live in the US, there's no better way to do it than to study here.Given the uncertainty surrounding US immigration policies, we've been getting questions about studying and working in the US and seeing some students apply to European schools instead. Still, there are a couple of reasons tons of students are still keen on pursuing an MBA in the US and why I recommend they apply now.Schools are working hard to keep international studentsI'm getting questions about the US being open to accepting international students and the risks of studying here.There are over 1.1 million international students in the US right now, and they're not all being kicked out and told to leave. There's a lot of hesitation among some international students about their ability to show up on campus.But what we're seeing from talking with deans and councils is that schools are doing a lot so that they can have their international students. These students make up a large percentage of the class at top business schools. Their legal teams are quite strong, and we've seen a lot of court interventions to uphold the rights and opportunities for international students.While it seems like there's an issue now, it's probably going to work itself out. People hesitating means there are fewer applicants, which means you're more likely to get in.You're not entering the job market nowPeople are worried about the job market not being great, and they're reading jobs reports that are coming out from these schools. We tell them you're not applying to apply for a job now.
    Things are cyclical. If you're applying to business school in 2025 and graduating in 2028, that's three years from now. The chances are that the job market will not be in the same place three years from now.Right now is the absolute best time to apply. This will be the best round in the span of many rounds that I've seen as far as acceptance rates go. The market is not great job-wise wise and you can spend that time educating yourself. You won't be missing out on huge promotions, huge raises, and new jobs. By the time you graduate, things may start to improve.MBAs are time-boundThe job market and political situation add an element of risk, but those who are looking to get ahead will find a way to succeed.Students often forget that the MBA is a time-bound program, and waiting too long to apply while the situation clears up might make it too difficult to get in.Universities prefer those in their mid- to late 20s because they are easier to place into jobs and because they want cohorts to mesh well. The median number of years of experience is five, and as you go further down the bell curve, there are just fewer and fewer spots that are available.Unless you are in your early 20s, you could be shooting yourself in the foot by delaying by one or two years. The fear of what might happen from a policy standpoint becomes irrelevant if you don't get into a program in a future year.Do you have a story to share about international graduate students in the US? Contact this reporter at sgoel@businessinsider.com.
    #i039m #mba #admissions #consultant #international
    I'm an MBA admissions consultant. My international clients are still applying in droves to US schools.
    designer491/Getty Images 2025-06-05T08:27:25Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Scott Edinburgh is still advising international students to apply for MBAs this year. US MBA programs can offer more networking and job opportunities than their European counterparts, he said. Sitting on the decision to apply for too long may hurt a candidate's acceptance chances. This as-told-to essay is based on a conversation with Scott Edinburgh, a Boston-based MBA admissions consultant. It has been edited for length and clarity.I launched an admissions consulting business in 2008 — it's a family business that I run with my sister.We get a lot of international students, and they sometimes make up half our clients for the year. Our reach matches what many schools are seeing. There is a lot of interest from India and China, as well as growing numbers in Europe, the Middle East, and some countries in Africa. For MBA programs, most students are in their mid- to late 20s and have some years of work experience.We offer guidance for universities in Europe and some other places, but there are still some unique features about pursuing an MBA in the US. An MBA as a course is more popular in the US than Europe and it opens up more networking opportunities, and the degree holds a bit more value. US programs are also stronger from a recruiting and job standpoint. It also comes down to where you want to establish yourself. If you want to live in the US, there's no better way to do it than to study here.Given the uncertainty surrounding US immigration policies, we've been getting questions about studying and working in the US and seeing some students apply to European schools instead. Still, there are a couple of reasons tons of students are still keen on pursuing an MBA in the US and why I recommend they apply now.Schools are working hard to keep international studentsI'm getting questions about the US being open to accepting international students and the risks of studying here.There are over 1.1 million international students in the US right now, and they're not all being kicked out and told to leave. There's a lot of hesitation among some international students about their ability to show up on campus.But what we're seeing from talking with deans and councils is that schools are doing a lot so that they can have their international students. These students make up a large percentage of the class at top business schools. Their legal teams are quite strong, and we've seen a lot of court interventions to uphold the rights and opportunities for international students.While it seems like there's an issue now, it's probably going to work itself out. People hesitating means there are fewer applicants, which means you're more likely to get in.You're not entering the job market nowPeople are worried about the job market not being great, and they're reading jobs reports that are coming out from these schools. We tell them you're not applying to apply for a job now. Things are cyclical. If you're applying to business school in 2025 and graduating in 2028, that's three years from now. The chances are that the job market will not be in the same place three years from now.Right now is the absolute best time to apply. This will be the best round in the span of many rounds that I've seen as far as acceptance rates go. The market is not great job-wise wise and you can spend that time educating yourself. You won't be missing out on huge promotions, huge raises, and new jobs. By the time you graduate, things may start to improve.MBAs are time-boundThe job market and political situation add an element of risk, but those who are looking to get ahead will find a way to succeed.Students often forget that the MBA is a time-bound program, and waiting too long to apply while the situation clears up might make it too difficult to get in.Universities prefer those in their mid- to late 20s because they are easier to place into jobs and because they want cohorts to mesh well. The median number of years of experience is five, and as you go further down the bell curve, there are just fewer and fewer spots that are available.Unless you are in your early 20s, you could be shooting yourself in the foot by delaying by one or two years. The fear of what might happen from a policy standpoint becomes irrelevant if you don't get into a program in a future year.Do you have a story to share about international graduate students in the US? Contact this reporter at sgoel@businessinsider.com. #i039m #mba #admissions #consultant #international
    WWW.BUSINESSINSIDER.COM
    I'm an MBA admissions consultant. My international clients are still applying in droves to US schools.
    designer491/Getty Images 2025-06-05T08:27:25Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Scott Edinburgh is still advising international students to apply for MBAs this year. US MBA programs can offer more networking and job opportunities than their European counterparts, he said. Sitting on the decision to apply for too long may hurt a candidate's acceptance chances. This as-told-to essay is based on a conversation with Scott Edinburgh, a Boston-based MBA admissions consultant. It has been edited for length and clarity.I launched an admissions consulting business in 2008 — it's a family business that I run with my sister.We get a lot of international students, and they sometimes make up half our clients for the year. Our reach matches what many schools are seeing. There is a lot of interest from India and China, as well as growing numbers in Europe, the Middle East, and some countries in Africa. For MBA programs, most students are in their mid- to late 20s and have some years of work experience.We offer guidance for universities in Europe and some other places, but there are still some unique features about pursuing an MBA in the US. An MBA as a course is more popular in the US than Europe and it opens up more networking opportunities, and the degree holds a bit more value. US programs are also stronger from a recruiting and job standpoint. It also comes down to where you want to establish yourself. If you want to live in the US, there's no better way to do it than to study here.Given the uncertainty surrounding US immigration policies, we've been getting questions about studying and working in the US and seeing some students apply to European schools instead. Still, there are a couple of reasons tons of students are still keen on pursuing an MBA in the US and why I recommend they apply now.Schools are working hard to keep international studentsI'm getting questions about the US being open to accepting international students and the risks of studying here.There are over 1.1 million international students in the US right now, and they're not all being kicked out and told to leave. There's a lot of hesitation among some international students about their ability to show up on campus.But what we're seeing from talking with deans and councils is that schools are doing a lot so that they can have their international students. These students make up a large percentage of the class at top business schools. Their legal teams are quite strong, and we've seen a lot of court interventions to uphold the rights and opportunities for international students.While it seems like there's an issue now, it's probably going to work itself out. People hesitating means there are fewer applicants, which means you're more likely to get in.You're not entering the job market nowPeople are worried about the job market not being great, and they're reading jobs reports that are coming out from these schools. We tell them you're not applying to apply for a job now. Things are cyclical. If you're applying to business school in 2025 and graduating in 2028, that's three years from now. The chances are that the job market will not be in the same place three years from now.Right now is the absolute best time to apply. This will be the best round in the span of many rounds that I've seen as far as acceptance rates go. The market is not great job-wise wise and you can spend that time educating yourself. You won't be missing out on huge promotions, huge raises, and new jobs. By the time you graduate, things may start to improve.MBAs are time-boundThe job market and political situation add an element of risk, but those who are looking to get ahead will find a way to succeed.Students often forget that the MBA is a time-bound program, and waiting too long to apply while the situation clears up might make it too difficult to get in.Universities prefer those in their mid- to late 20s because they are easier to place into jobs and because they want cohorts to mesh well. The median number of years of experience is five, and as you go further down the bell curve, there are just fewer and fewer spots that are available.Unless you are in your early 20s, you could be shooting yourself in the foot by delaying by one or two years. The fear of what might happen from a policy standpoint becomes irrelevant if you don't get into a program in a future year.Do you have a story to share about international graduate students in the US? Contact this reporter at sgoel@businessinsider.com.
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  • Business Insider поделился ссылкой
    2025-06-03 08:46:41 -
    Hollywood's new obsession is a twist on the classic soap opera

    Attendees at a screening for ReelShort's "Wings Of Fire."

    Tiffany Rose/Getty Images for ReelShort

    2025-06-03T08:42:01Z

    d

    Read in app

    This story is available exclusively to Business Insider
    subscribers. Become an Insider
    and start reading now.
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    Mini-drama apps have grabbed Hollywood's attention as they've gained popularity in the US.
    The apps offer bite-sized, mobile-friendly episodes that people are paying to watch.
    They could be a low-cost alternative to traditional shows for Hollywood giants.

    Mini-drama apps made popular in Asia are surging in the US — and Hollywood is taking notice.These apps are best known for their soapy melodramas featuring princes, werewolves, and more, which are presented in bite-sized vertical episodes and meant for mobile phones. China-backed ReelShort is the most prominent purveyor of these, with typical titles like "The Double Life of My Billionaire Husband." Another top player is DramaBox.Hollywood has been trying to figure out how it can capitalize on the mini-drama craze, and studios like Lionsgate have been evaluating opportunities in the space."I get an overwhelming number of questions about this topic every week," said David Freeman, head of digital media at CAA. "Talent is actively exploring the space, creators are drawn to it due to the low cost of content production, and major companies are evaluating their strategic approach."Freeman said some key questions were which categories work well and whether the format could be expanded to the unscripted realm."In time, I anticipate that Netflix will find a way to successfully integrate vertical video and potentially make it part of their strategy to engage Gen Z audiences," he continued.As TV and streaming giants spend more money on sports at the expense of traditional TV and film, producers, studios, and other players are casting around for other entertainment markets and ways to serve audiences on the cheap.Social-media stars have already been getting a second look from Hollywood. And now, so are mini-dramas. Industry players said they'd taken note of the marketing on TikTok that the mini-drama apps are throwing behind their stars.App tracker Appfigures counts 215 short drama apps in the US and estimated US spending on them more than doubled in the past 12 months, to more than million a month in gross revenue.

    Still from "Breaking the Ice" on ReelShort.

    ReelShort

    Hollywood is curious about mini-dramasAgents and others told Business Insider that while Hollywood is buzzing about mini-dramas, companies are generally still in the initial stages of exploring the format.
    One traditional player that's making concrete moves in the space is TelevisaUnivision. It's planning to debut 40 telenovela-style minidramas on ViX, its streaming platform, and intends to expand to other genres like docs and comedy.Others are at least mini-drama curious. Lionsgate, for one, has been in the early stages of exploring the format, a person familiar with the studio's plans said. Hallmark is another studio that's discussed the format internally, a person familiar with the company's thinking said.Select Management Group, an influencer talent management firm, is looking for mini-drama actors to sign, primarily those prominent on ReelShort.Select's Scott Fisher said verticals have "become another place you find talent," much like YouTube birthed digital stars like MrBeast and Emma Chamberlain.People have questionsDespite Hollywood's interest, it's unclear how these vertical dramas could fit into the traditional film and TV system, which emphasizes high production values and guild-protected talent.And people in Hollywood told BI they had plenty of questions.Here are a few:These mini-dramas often fall below the budget threshold that would trigger certain rules from the Hollywood guilds. But how can legacy companies take advantage of these productions' low costs without alienating the guilds and their members?Soapy melodramas are the most popular form of vertical series, but are they extendable to other genres such as reality TV, docs, and true crime? A+E Global Networks is taking the unscripted route, launching a slate of original series for mobile around its History brand in an effort to reach young viewers.Can they make real money? The appeal is that they're cheap to make, but how big of a business can they be? And what's the right mix of revenue between ads and viewer payments? ReelShort parent Crazy Maple Studio's founder Joey Jia said last year that viewers typically paid to a week.How should they distribute them? TelevisaUnivision has its own platforms to post such shows. But production companies that don't have their own distribution arms could use the likes of TikTok or YouTube and share the revenue with the platform.Are these dramas too far out of Hollywood's comfort zone for it to get right? Hollywood insiders remember how Quibi, Jeffrey Katzenberg's idea to make quick-bite shows, went down in ignominy. The big difference is that Quibi's episodes were more highly produced than today's vertical dramas and didn't employ a "freemium," pay-as-you-go model.'It's just a matter of time'

    Paramount's "Mean Girls" experiment on TikTok bore some resemblance to mini-dramas.

    Paramount Pictures

    Some media insiders think it's inevitable that big streamers and studios will at least test the format's potential.They've already shown some willingness to play with different formats and distribution platforms. For example, Paramount put "Mean Girls" on TikTok in 23 segments lasting one to 10 minutes. And YouTube and Amazon's Prime Video could make sense as distributors because they're already set up as platforms that allow people to rent or buy individual movies or shows."There's just a question of how far are they going to stray from doing what they normally do," Fisher said of the Hollywood players.Industry analyst Evan Shapiro sees mini, vertical-shot dramas as "toilet television," something made for watching on mobile phones and fitting the scrolling mentality. He added that he believes the format is a natural way for companies to incubate shows for TV."It's just a matter of time before you see a drama from one of these players and a fast follow into other formats," Shapiro said. "The big question is, how do we monetize that. But if it takes off, it converts to a premium, wide-screen format for TV."Geoff Weiss contributed reporting.
    #hollywood039s #new #obsession #twist #classic
    Hollywood's new obsession is a twist on the classic soap opera
    Attendees at a screening for ReelShort's "Wings Of Fire." Tiffany Rose/Getty Images for ReelShort 2025-06-03T08:42:01Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Mini-drama apps have grabbed Hollywood's attention as they've gained popularity in the US. The apps offer bite-sized, mobile-friendly episodes that people are paying to watch. They could be a low-cost alternative to traditional shows for Hollywood giants. Mini-drama apps made popular in Asia are surging in the US — and Hollywood is taking notice.These apps are best known for their soapy melodramas featuring princes, werewolves, and more, which are presented in bite-sized vertical episodes and meant for mobile phones. China-backed ReelShort is the most prominent purveyor of these, with typical titles like "The Double Life of My Billionaire Husband." Another top player is DramaBox.Hollywood has been trying to figure out how it can capitalize on the mini-drama craze, and studios like Lionsgate have been evaluating opportunities in the space."I get an overwhelming number of questions about this topic every week," said David Freeman, head of digital media at CAA. "Talent is actively exploring the space, creators are drawn to it due to the low cost of content production, and major companies are evaluating their strategic approach."Freeman said some key questions were which categories work well and whether the format could be expanded to the unscripted realm."In time, I anticipate that Netflix will find a way to successfully integrate vertical video and potentially make it part of their strategy to engage Gen Z audiences," he continued.As TV and streaming giants spend more money on sports at the expense of traditional TV and film, producers, studios, and other players are casting around for other entertainment markets and ways to serve audiences on the cheap.Social-media stars have already been getting a second look from Hollywood. And now, so are mini-dramas. Industry players said they'd taken note of the marketing on TikTok that the mini-drama apps are throwing behind their stars.App tracker Appfigures counts 215 short drama apps in the US and estimated US spending on them more than doubled in the past 12 months, to more than million a month in gross revenue. Still from "Breaking the Ice" on ReelShort. ReelShort Hollywood is curious about mini-dramasAgents and others told Business Insider that while Hollywood is buzzing about mini-dramas, companies are generally still in the initial stages of exploring the format. One traditional player that's making concrete moves in the space is TelevisaUnivision. It's planning to debut 40 telenovela-style minidramas on ViX, its streaming platform, and intends to expand to other genres like docs and comedy.Others are at least mini-drama curious. Lionsgate, for one, has been in the early stages of exploring the format, a person familiar with the studio's plans said. Hallmark is another studio that's discussed the format internally, a person familiar with the company's thinking said.Select Management Group, an influencer talent management firm, is looking for mini-drama actors to sign, primarily those prominent on ReelShort.Select's Scott Fisher said verticals have "become another place you find talent," much like YouTube birthed digital stars like MrBeast and Emma Chamberlain.People have questionsDespite Hollywood's interest, it's unclear how these vertical dramas could fit into the traditional film and TV system, which emphasizes high production values and guild-protected talent.And people in Hollywood told BI they had plenty of questions.Here are a few:These mini-dramas often fall below the budget threshold that would trigger certain rules from the Hollywood guilds. But how can legacy companies take advantage of these productions' low costs without alienating the guilds and their members?Soapy melodramas are the most popular form of vertical series, but are they extendable to other genres such as reality TV, docs, and true crime? A+E Global Networks is taking the unscripted route, launching a slate of original series for mobile around its History brand in an effort to reach young viewers.Can they make real money? The appeal is that they're cheap to make, but how big of a business can they be? And what's the right mix of revenue between ads and viewer payments? ReelShort parent Crazy Maple Studio's founder Joey Jia said last year that viewers typically paid to a week.How should they distribute them? TelevisaUnivision has its own platforms to post such shows. But production companies that don't have their own distribution arms could use the likes of TikTok or YouTube and share the revenue with the platform.Are these dramas too far out of Hollywood's comfort zone for it to get right? Hollywood insiders remember how Quibi, Jeffrey Katzenberg's idea to make quick-bite shows, went down in ignominy. The big difference is that Quibi's episodes were more highly produced than today's vertical dramas and didn't employ a "freemium," pay-as-you-go model.'It's just a matter of time' Paramount's "Mean Girls" experiment on TikTok bore some resemblance to mini-dramas. Paramount Pictures Some media insiders think it's inevitable that big streamers and studios will at least test the format's potential.They've already shown some willingness to play with different formats and distribution platforms. For example, Paramount put "Mean Girls" on TikTok in 23 segments lasting one to 10 minutes. And YouTube and Amazon's Prime Video could make sense as distributors because they're already set up as platforms that allow people to rent or buy individual movies or shows."There's just a question of how far are they going to stray from doing what they normally do," Fisher said of the Hollywood players.Industry analyst Evan Shapiro sees mini, vertical-shot dramas as "toilet television," something made for watching on mobile phones and fitting the scrolling mentality. He added that he believes the format is a natural way for companies to incubate shows for TV."It's just a matter of time before you see a drama from one of these players and a fast follow into other formats," Shapiro said. "The big question is, how do we monetize that. But if it takes off, it converts to a premium, wide-screen format for TV."Geoff Weiss contributed reporting. #hollywood039s #new #obsession #twist #classic
    WWW.BUSINESSINSIDER.COM
    Hollywood's new obsession is a twist on the classic soap opera
    Attendees at a screening for ReelShort's "Wings Of Fire." Tiffany Rose/Getty Images for ReelShort 2025-06-03T08:42:01Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Mini-drama apps have grabbed Hollywood's attention as they've gained popularity in the US. The apps offer bite-sized, mobile-friendly episodes that people are paying to watch. They could be a low-cost alternative to traditional shows for Hollywood giants. Mini-drama apps made popular in Asia are surging in the US — and Hollywood is taking notice.These apps are best known for their soapy melodramas featuring princes, werewolves, and more, which are presented in bite-sized vertical episodes and meant for mobile phones. China-backed ReelShort is the most prominent purveyor of these, with typical titles like "The Double Life of My Billionaire Husband." Another top player is DramaBox.Hollywood has been trying to figure out how it can capitalize on the mini-drama craze, and studios like Lionsgate have been evaluating opportunities in the space."I get an overwhelming number of questions about this topic every week," said David Freeman, head of digital media at CAA. "Talent is actively exploring the space, creators are drawn to it due to the low cost of content production, and major companies are evaluating their strategic approach."Freeman said some key questions were which categories work well and whether the format could be expanded to the unscripted realm."In time, I anticipate that Netflix will find a way to successfully integrate vertical video and potentially make it part of their strategy to engage Gen Z audiences," he continued.As TV and streaming giants spend more money on sports at the expense of traditional TV and film, producers, studios, and other players are casting around for other entertainment markets and ways to serve audiences on the cheap.Social-media stars have already been getting a second look from Hollywood. And now, so are mini-dramas. Industry players said they'd taken note of the marketing on TikTok that the mini-drama apps are throwing behind their stars.App tracker Appfigures counts 215 short drama apps in the US and estimated US spending on them more than doubled in the past 12 months, to more than $100 million a month in gross revenue. Still from "Breaking the Ice" on ReelShort. ReelShort Hollywood is curious about mini-dramasAgents and others told Business Insider that while Hollywood is buzzing about mini-dramas, companies are generally still in the initial stages of exploring the format. One traditional player that's making concrete moves in the space is TelevisaUnivision. It's planning to debut 40 telenovela-style minidramas on ViX, its streaming platform, and intends to expand to other genres like docs and comedy.Others are at least mini-drama curious. Lionsgate, for one, has been in the early stages of exploring the format, a person familiar with the studio's plans said. Hallmark is another studio that's discussed the format internally, a person familiar with the company's thinking said.Select Management Group, an influencer talent management firm, is looking for mini-drama actors to sign, primarily those prominent on ReelShort.Select's Scott Fisher said verticals have "become another place you find talent," much like YouTube birthed digital stars like MrBeast and Emma Chamberlain.People have questionsDespite Hollywood's interest, it's unclear how these vertical dramas could fit into the traditional film and TV system, which emphasizes high production values and guild-protected talent.And people in Hollywood told BI they had plenty of questions.Here are a few:These mini-dramas often fall below the budget threshold that would trigger certain rules from the Hollywood guilds. But how can legacy companies take advantage of these productions' low costs without alienating the guilds and their members?Soapy melodramas are the most popular form of vertical series, but are they extendable to other genres such as reality TV, docs, and true crime? A+E Global Networks is taking the unscripted route, launching a slate of original series for mobile around its History brand in an effort to reach young viewers.Can they make real money? The appeal is that they're cheap to make, but how big of a business can they be? And what's the right mix of revenue between ads and viewer payments? ReelShort parent Crazy Maple Studio's founder Joey Jia said last year that viewers typically paid $5 to $10 a week.How should they distribute them? TelevisaUnivision has its own platforms to post such shows. But production companies that don't have their own distribution arms could use the likes of TikTok or YouTube and share the revenue with the platform.Are these dramas too far out of Hollywood's comfort zone for it to get right? Hollywood insiders remember how Quibi, Jeffrey Katzenberg's idea to make quick-bite shows, went down in ignominy. The big difference is that Quibi's episodes were more highly produced than today's vertical dramas and didn't employ a "freemium," pay-as-you-go model.'It's just a matter of time' Paramount's "Mean Girls" experiment on TikTok bore some resemblance to mini-dramas. Paramount Pictures Some media insiders think it's inevitable that big streamers and studios will at least test the format's potential.They've already shown some willingness to play with different formats and distribution platforms. For example, Paramount put "Mean Girls" on TikTok in 23 segments lasting one to 10 minutes. And YouTube and Amazon's Prime Video could make sense as distributors because they're already set up as platforms that allow people to rent or buy individual movies or shows."There's just a question of how far are they going to stray from doing what they normally do," Fisher said of the Hollywood players.Industry analyst Evan Shapiro sees mini, vertical-shot dramas as "toilet television," something made for watching on mobile phones and fitting the scrolling mentality. He added that he believes the format is a natural way for companies to incubate shows for TV."It's just a matter of time before you see a drama from one of these players and a fast follow into other formats," Shapiro said. "The big question is, how do we monetize that. But if it takes off, it converts to a premium, wide-screen format for TV."Geoff Weiss contributed reporting.
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    2025-06-01 16:23:09 -
    JPMorgan Chase CEO Jamie Dimon says he wouldn't count on China folding under Trump's tariffs: 'They're not scared, folks.'

    JPMorgan Chase CEO Jamie Dimon spoke at the 2025 Reagan National Economic Forum on Friday.

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    2025-06-01T15:39:12Z

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    Jamie Dimon spoke at the 2025 Reagan National Economic Forum on Friday.
    Dimon said he hoped the US could "get our own act together" amid the US-China trade war.
    Trump said China "violated" its trade agreement with the US this week.

    JPMorgan Chase CEO Jamie Dimon said the United States needs to get its act together on trade — quickly.Dimon discussed the ongoing tension between the United States and China on Friday at the 2025 Reagan National Economic Forum, where he led a fireside chat. When asked what his biggest worry was right now, Dimon pointed to the shifting global geopolitical and economic landscape, including trade."We have problems and we've got to deal with them," Dimon said before referring to "the enemy within."Addressing the "enemy within," he said, includes fixing how the United States approaches permitting, regulation, taxation, immigration, education, and the healthcare system.It also means maintaining important military alliances, he said."China is a potential adversary. They're doing a lot of things well. They have a lot of problems," Dimon said. "What I'm really worried about is us. Can we get our own act together? Our own values, our own capabilities, our own management."Dimon said that if the United States is not the "preeminent military and preeminent economy in 40 years, we will not be the reserve currency. That's a fact."Although Dimon believes the United States is usually resilient, he said things are different this time around."We have to get our act together, and we have to do it very quickly," he said.During the conversation, Dimon spoke about trade deals and encouraged US leaders to engage with China."I just got back from China last week," Dimon said. "They're not scared, folks. This notion that they're going to come bow to America, I wouldn't count on that."Treasury Secretary Scott Bessent disagreed with Dimon during a Sunday appearance on CBS's "Face the Nation.""Jamie is a great banker. I know him well, but I would vociferously disagree with that assessment," Bessent said. "That the laws of economics and gravity apply to the Chinese economy and the Chinese system, just like everyone else."Trump's decision to impose tariffs on numerous countries, including steep tariffs on China, rattled global markets earlier this year. Markets recovered after many countries, including China, began negotiating. But the possibility that tariffs could increase again at any time has investors and economists on edge.On Friday, for instance, in a Truth Social post, Trump accused China of violating the two countries' trade agreement. That same day, Trump said he planned to increase tariffs on steel imports from 25% to 50%."We're going to bring it from 25% to 50%, the tariffs on steel into the United States of America, which will even further secure the steel industry in the United States. Nobody's going to get around that," Trump said during a rally near Pittsburgh.Representatives for JPMorgan Chase declined to comment.
    #jpmorgan #chase #ceo #jamie #dimon
    JPMorgan Chase CEO Jamie Dimon says he wouldn't count on China folding under Trump's tariffs: 'They're not scared, folks.'
    JPMorgan Chase CEO Jamie Dimon spoke at the 2025 Reagan National Economic Forum on Friday. Noam Galai/Getty Images 2025-06-01T15:39:12Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Jamie Dimon spoke at the 2025 Reagan National Economic Forum on Friday. Dimon said he hoped the US could "get our own act together" amid the US-China trade war. Trump said China "violated" its trade agreement with the US this week. JPMorgan Chase CEO Jamie Dimon said the United States needs to get its act together on trade — quickly.Dimon discussed the ongoing tension between the United States and China on Friday at the 2025 Reagan National Economic Forum, where he led a fireside chat. When asked what his biggest worry was right now, Dimon pointed to the shifting global geopolitical and economic landscape, including trade."We have problems and we've got to deal with them," Dimon said before referring to "the enemy within."Addressing the "enemy within," he said, includes fixing how the United States approaches permitting, regulation, taxation, immigration, education, and the healthcare system.It also means maintaining important military alliances, he said."China is a potential adversary. They're doing a lot of things well. They have a lot of problems," Dimon said. "What I'm really worried about is us. Can we get our own act together? Our own values, our own capabilities, our own management."Dimon said that if the United States is not the "preeminent military and preeminent economy in 40 years, we will not be the reserve currency. That's a fact."Although Dimon believes the United States is usually resilient, he said things are different this time around."We have to get our act together, and we have to do it very quickly," he said.During the conversation, Dimon spoke about trade deals and encouraged US leaders to engage with China."I just got back from China last week," Dimon said. "They're not scared, folks. This notion that they're going to come bow to America, I wouldn't count on that."Treasury Secretary Scott Bessent disagreed with Dimon during a Sunday appearance on CBS's "Face the Nation.""Jamie is a great banker. I know him well, but I would vociferously disagree with that assessment," Bessent said. "That the laws of economics and gravity apply to the Chinese economy and the Chinese system, just like everyone else."Trump's decision to impose tariffs on numerous countries, including steep tariffs on China, rattled global markets earlier this year. Markets recovered after many countries, including China, began negotiating. But the possibility that tariffs could increase again at any time has investors and economists on edge.On Friday, for instance, in a Truth Social post, Trump accused China of violating the two countries' trade agreement. That same day, Trump said he planned to increase tariffs on steel imports from 25% to 50%."We're going to bring it from 25% to 50%, the tariffs on steel into the United States of America, which will even further secure the steel industry in the United States. Nobody's going to get around that," Trump said during a rally near Pittsburgh.Representatives for JPMorgan Chase declined to comment. #jpmorgan #chase #ceo #jamie #dimon
    WWW.BUSINESSINSIDER.COM
    JPMorgan Chase CEO Jamie Dimon says he wouldn't count on China folding under Trump's tariffs: 'They're not scared, folks.'
    JPMorgan Chase CEO Jamie Dimon spoke at the 2025 Reagan National Economic Forum on Friday. Noam Galai/Getty Images 2025-06-01T15:39:12Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Jamie Dimon spoke at the 2025 Reagan National Economic Forum on Friday. Dimon said he hoped the US could "get our own act together" amid the US-China trade war. Trump said China "violated" its trade agreement with the US this week. JPMorgan Chase CEO Jamie Dimon said the United States needs to get its act together on trade — quickly.Dimon discussed the ongoing tension between the United States and China on Friday at the 2025 Reagan National Economic Forum, where he led a fireside chat. When asked what his biggest worry was right now, Dimon pointed to the shifting global geopolitical and economic landscape, including trade."We have problems and we've got to deal with them," Dimon said before referring to "the enemy within."Addressing the "enemy within," he said, includes fixing how the United States approaches permitting, regulation, taxation, immigration, education, and the healthcare system.It also means maintaining important military alliances, he said."China is a potential adversary. They're doing a lot of things well. They have a lot of problems," Dimon said. "What I'm really worried about is us. Can we get our own act together? Our own values, our own capabilities, our own management."Dimon said that if the United States is not the "preeminent military and preeminent economy in 40 years, we will not be the reserve currency. That's a fact."Although Dimon believes the United States is usually resilient, he said things are different this time around."We have to get our act together, and we have to do it very quickly," he said.During the conversation, Dimon spoke about trade deals and encouraged US leaders to engage with China."I just got back from China last week," Dimon said. "They're not scared, folks. This notion that they're going to come bow to America, I wouldn't count on that."Treasury Secretary Scott Bessent disagreed with Dimon during a Sunday appearance on CBS's "Face the Nation.""Jamie is a great banker. I know him well, but I would vociferously disagree with that assessment," Bessent said. "That the laws of economics and gravity apply to the Chinese economy and the Chinese system, just like everyone else."Trump's decision to impose tariffs on numerous countries, including steep tariffs on China, rattled global markets earlier this year. Markets recovered after many countries, including China, began negotiating. But the possibility that tariffs could increase again at any time has investors and economists on edge.On Friday, for instance, in a Truth Social post, Trump accused China of violating the two countries' trade agreement. That same day, Trump said he planned to increase tariffs on steel imports from 25% to 50%."We're going to bring it from 25% to 50%, the tariffs on steel into the United States of America, which will even further secure the steel industry in the United States. Nobody's going to get around that," Trump said during a rally near Pittsburgh.Representatives for JPMorgan Chase declined to comment.
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  • Business Insider поделился ссылкой
    2025-06-01 15:24:09 -
    A timeline of Ivanka Trump and Jared Kushner's relationship

    Ivanka Trump has made it clear that she's done with politics. That hasn't stopped her and husband Jared Kushner from remaining an influential political couple.They have not formally reprised their roles as White House advisors in President Donald Trump's second administration, but they've remained present in Donald Trump's political orbit.While Ivanka Trump opted out of the 2024 campaign trail, she and Kushner still appeared at the Republican National Convention, Donald Trump's victory party on election night, and the inauguration. Kushner also reportedly served as an informal advisor ahead of Donald Trump's trip to the Middle East in May, CNN reported.Ivanka Trump, who is Donald Trump's eldest daughter, converted to Judaism before marrying Kushner in 2009. They have three children: Arabella, Joseph, and Theodore.Here's a timeline of Ivanka Trump and Kushner's relationship.

    2007: Ivanka Trump and Jared Kushner met at a networking lunch arranged by one of her longtime business partners.

    Ivanka Trump and Jared Kushner in 2007.

    PAUL LAURIE/Patrick McMullan via Getty Images

    Ivanka Trump and Kushner were both 25 at the time."They very innocently set us up thinking that our only interest in one another would be transactional," Ivanka Trump told Vogue in 2015. "Whenever we see them we're like, 'The best deal we ever made!'"

    2008: Ivanka Trump and Kushner broke up because of religious differences.

    Jared Kushner and Ivanka Trump in 2008.

    Patrick McMullan/Patrick McMullan via Getty Images

    Kushner was raised in the modern Orthodox Jewish tradition, and it was important to his family for him to marry someone Jewish. Ivanka Trump's family is Presbyterian.

    2008: Three months later, the couple rekindled their romance on Rupert Murdoch's yacht.

    Ivanka Trump and Jared Kushner in 2008.

    David X Prutting/Patrick McMullan/Patrick McMullan via Getty Images

    In his memoir, "Breaking History," Kushner wrote that Murdoch's then-wife, Wendi Murdoch, was a mutual friend who invited them both on the yacht.

    May 2009: They attended the Met Gala together for the first time.

    Jared Kushner and Ivanka Trump at the Met Gala.

    BILLY FARRELL/Patrick McMullan via Getty Images

    The theme of the Met Gala that year was "The Model As Muse." Ivanka Trump wore a gown by designer Brian Reyes.

    July 2009: Ivanka Trump completed her conversion to Judaism, and she and Kushner got engaged.

    Jared Kushner and Ivanka Trump in 2009.

    Billy Farrell/Patrick McMullan/Patrick McMullan via Getty Images

    Kushner proposed with a 5.22-carat cushion-cut diamond engagement ring.Ivanka Trump told New York Magazine that she and her fiancé were "very mellow.""We go to the park. We go biking together. We go to the 2nd Avenue Deli," she said. "We both live in this fancy world. But on a personal level, I don't think I could be with somebody — I know he couldn't be with somebody — who needed to be 'on' all the time."

    October 2009: Ivanka Trump and Kushner married at the Trump National Golf Club in New Jersey.

    Jared Kushner and Ivanka Trump on their wedding day.

    Brian Marcus/Fred Marcus Photography via Getty Images

    The couple invited 500 guests, including celebrities like Barbara Walters, Regis Philbin, and Anna Wintour, as well as politicians such as Rudy Giuliani and Andrew Cuomo.

    July 2011: The couple welcomed their first child, Arabella.

    Ivanka Trump and Jared Kushner with Arabella Kushner.

    Robin Marchant/Getty Images

    "This morning @jaredkushner and I welcomed a beautiful and healthy little baby girl into the world," Ivanka announced on X, then Twitter. "We feel incredibly grateful and blessed. Thank you all for your support and well wishes!"

    October 2013: Ivanka Trump gave birth to their second child, Joseph.

    Ivanka Trump with Arabella Rose Kushner and Joseph Frederick Kushner in 2017.

    Alo Ceballos/GC Images

    He was named for Kushner's paternal grandfather Joseph and given the middle name Frederick after Donald Trump's father.

    March 2016: Kushner and Ivanka Trump welcomed their third child, Theodore, in the midst of Donald Trump's presidential campaign.

    Ivanka Trump carried her son Theodore as she held hands with Joseph alongside Jared Kushner and daughter Arabella on the White House lawn.

    SAUL LOEB/AFP via Getty Images

    "I said, 'Ivanka, it would be great if you had your baby in Iowa.' I really want that to happen. I really want that to happen," Donald Trump told supporters in Iowa in January 2016.All three of the couple's children were born in New York City.

    May 2016: They attended the Met Gala two months after Ivanka Trump gave birth.

    Jared Kushner and Ivanka Trump attend the Met Gala.

    Kevin Mazur/WireImage

    Ivanka Trump wore a red Ralph Lauren Collection halter jumpsuit.On a 2017 episode of "The Late Late Show with James Corden," Anna Wintour said that she would never invite Donald Trump to another Met Gala.

    January 2017: Ivanka Trump and Kushner attended Donald Trump's inauguration and danced together at the Liberty Ball.

    Ivanka Trump and Jared Kushner on Inauguration Day.

    Photo by Rob Carr/Getty Images

    The Liberty Ball was the first of three inaugural balls that Donald Trump attended.

    January 2017: After the inauguration, Ivanka and Kushner relocated to a million home in the Kalorama section of Washington, DC.

    Jared Kushner and Ivanka Trump's house in Washington, DC.

    PAUL J. RICHARDS/AFP via Getty Images

    Ivanka Trump and Kushner rented the 7,000-square-foot home from billionaire Andrónico Luksic for a month, The Wall Street Journal reported.

    May 2017: They accompanied Donald Trump on his first overseas trip in office.

    Jared Kushner and Ivanka Trump with Pope Francis.

    Vatican Pool - Corbis/Corbis via Getty Images

    Kushner and Ivanka Trump both served as advisors to the president. For the first overseas trip of Donald Trump's presidency, they accompanied him to Saudi Arabia, Israel, the Vatican, and summits in Brussels and Sicily.

    October 2019: The couple celebrated their 10th wedding anniversary with a lavish party at Camp David.

    Ivanka Trump and Jared Kushner at a state dinner.

    MANDEL NGAN/AFP via Getty Images

    All of the Trump and Kushner siblings were in attendance. A White House official told CNN that the couple was covering the cost of the party, but Donald Trump tweeted that the cost would be "totally paid for by me!"

    August 2020: Ivanka Trump spoke about moving their family to Washington, DC, at the Republican National Convention.

    Jared Kushner and Ivanka Trump at the Republican National Convention.

    SAUL LOEB/AFP via Getty Images

    "When Jared and I moved with our three children to Washington, we didn't exactly know what we were in for," she said in her speech. "But our kids loved it from the start."

    December 2020: Ivanka Trump and Kushner reportedly bought a million empty lot in Miami's "Billionaire Bunker."

    Jared Kushner and Ivanka Trump's plot of land in Indian Creek Village.

    The Jills Zeder Group; Samir Hussein/WireImage/Getty Images

    After Donald Trump lost the 2020 election, Page Six reported that the couple purchased a 1.8-acre waterfront lot owned by singer Julio Iglesias, Enrique Iglesias' father, in Indian Creek Village, Florida.The island where it sits has the nickname "Billionaire Bunker" thanks to its multitude of ultra-wealthy residents over the years, including billionaire investor Carl Icahn, supermodel Adriana Lima, and former Miami Dolphins coach Don Shula.

    January 2021: They skipped Joe Biden's inauguration, flying with Donald Trump to his Mar-a-Lago residence in Palm Beach, Florida, instead.

    Ivanka Trump, Jared Kushner, and their children prepared for Donald Trump's departure on Inauguration Day.

    ALEX EDELMAN/AFP via Getty Images

    Donald Trump did not attend Biden's inauguration, breaking a long-standing norm in US democracy. While initial reports said that Ivanka Trump was planning to attend the inauguration, a White House official told People magazine that "Ivanka is not expected to attend the inauguration nor was she ever expected to."

    January 2021: The couple signed a lease for a luxury Miami Beach condo near their Indian Creek Village property.

    Arte Surfside.

    Antonio Citterio Patricia Viel

    Ivanka Trump and Kushner signed a lease for a "large, unfurnished unit" in the amenities-packed Arte Surfside condominium building in Surfside, Florida.Surfside, a beachside town just north of Miami Beach that's home to fewer than 6,000 people, is only a five-minute drive from Indian Creek Island, where they bought their million empty lot.

    April 2021: Ivanka Trump and Kushner reportedly added a million mansion in Indian Creek Village to their Florida real-estate profile.

    Ivanka Trump and Jared Kushner on a walk in Florida.

    MEGA/GC Images

    The Real Deal reported that Ivanka and Kushner purchased another Indian Creek property — this time, a 8,510-square-foot mansion situated on a 1.3-acre estate.

    June 2021: Several outlets reported that the couple began to distance themselves from Donald Trump due to his fixation on conspiracy theories about the 2020 election.

    Ivanka Trump and Jared Kushner behind Donald Trump.

    Kevin Lamarque/Reuters

    CNN reported that Trump was prone to complain about the 2020 election and falsely claim it was "stolen" from him to anyone listening and that his "frustrations emerge in fits and starts — more likely when he is discussing his hopeful return to national politics."While Ivanka and Kushner had been living in their Miami Beach condo, not far from Trump's Mar-a-Lago club in Palm Beach, Florida, they'd visited Trump less and less frequently and were absent from big events at Mar-a-Lago, CNN said.The New York Times also reported that Kushner wanted "to focus on writing his book and establishing a simpler relationship" with the former president.

    October 2021: Ivanka Trump and Kushner visited Israel's parliament for the inaugural event of the Abraham Accords Caucus.

    Jared Kushner and Ivanka Trump in Israel.

    AHMAD GHARABLI/AFP via Getty Images

    The Abraham Accords, which Kushner helped broker in August 2020, normalized relations between Israel and the United Arab Emirates, Bahrain, Sudan, and Morocco.During their visit, Ivanka Trump and Kushner met with then-former Prime Minister Benjamin Netanyahu and attended an event at the Museum of Tolerance Jerusalem with former US Secretary of State Mike Pompeo.

    August 2022: Kushner released his memoir, "Breaking History," in which he wrote about their courtship.

    Jared Kushner.

    John Lamparski/Getty Images for Concordia Summit

    "In addition to being arrestingly beautiful, which I knew before we met, she was warm, funny, and brilliant," he wrote of getting to know Ivanka Trump. "She has a big heart and a tremendous zest for exploring new things."He also wrote that when he told Donald Trump that he was planning a surprise engagement, Trump "picked up the intercom and alerted Ivanka that she should expect an imminent proposal."

    November 2022: Kushner attended Donald Trump's 2024 campaign announcement without Ivanka Trump.

    Kimberly Guilfoyle, Jared Kushner, Eric Trump, and Lara Trump at Donald Trump's presidential campaign announcement.

    Jonathan Ernst/Reuters

    Ivanka Trump released a statement explaining her absence from the event."I love my father very much," her statement read. "This time around, I am choosing to prioritize my children and the private life we are creating as a family. I do not plan to be involved in politics. While I will always love and support my father, going forward I will do so outside the political arena."

    July 2024: Ivanka Trump and Kushner made a rare political appearance at the Republican National Convention.

    Donald Trump and Melania Trump onstage with Ivanka Trump and Jared Kushner.

    Jason Armond/Los Angeles Times via Getty Images

    Ivanka Trump did not campaign for her father or give a speech as she had at past Republican National Conventions, but she and Jared Kushner joined Trump family members onstage after Donald Trump's remarks.

    November 2024: They joined members of the Trump family in Palm Beach, Florida, to celebrate Donald Trump's election victory.
    #timeline #ivanka #trump #jared #kushner039s
    A timeline of Ivanka Trump and Jared Kushner's relationship
    Ivanka Trump has made it clear that she's done with politics. That hasn't stopped her and husband Jared Kushner from remaining an influential political couple.They have not formally reprised their roles as White House advisors in President Donald Trump's second administration, but they've remained present in Donald Trump's political orbit.While Ivanka Trump opted out of the 2024 campaign trail, she and Kushner still appeared at the Republican National Convention, Donald Trump's victory party on election night, and the inauguration. Kushner also reportedly served as an informal advisor ahead of Donald Trump's trip to the Middle East in May, CNN reported.Ivanka Trump, who is Donald Trump's eldest daughter, converted to Judaism before marrying Kushner in 2009. They have three children: Arabella, Joseph, and Theodore.Here's a timeline of Ivanka Trump and Kushner's relationship. 2007: Ivanka Trump and Jared Kushner met at a networking lunch arranged by one of her longtime business partners. Ivanka Trump and Jared Kushner in 2007. PAUL LAURIE/Patrick McMullan via Getty Images Ivanka Trump and Kushner were both 25 at the time."They very innocently set us up thinking that our only interest in one another would be transactional," Ivanka Trump told Vogue in 2015. "Whenever we see them we're like, 'The best deal we ever made!'" 2008: Ivanka Trump and Kushner broke up because of religious differences. Jared Kushner and Ivanka Trump in 2008. Patrick McMullan/Patrick McMullan via Getty Images Kushner was raised in the modern Orthodox Jewish tradition, and it was important to his family for him to marry someone Jewish. Ivanka Trump's family is Presbyterian. 2008: Three months later, the couple rekindled their romance on Rupert Murdoch's yacht. Ivanka Trump and Jared Kushner in 2008. David X Prutting/Patrick McMullan/Patrick McMullan via Getty Images In his memoir, "Breaking History," Kushner wrote that Murdoch's then-wife, Wendi Murdoch, was a mutual friend who invited them both on the yacht. May 2009: They attended the Met Gala together for the first time. Jared Kushner and Ivanka Trump at the Met Gala. BILLY FARRELL/Patrick McMullan via Getty Images The theme of the Met Gala that year was "The Model As Muse." Ivanka Trump wore a gown by designer Brian Reyes. July 2009: Ivanka Trump completed her conversion to Judaism, and she and Kushner got engaged. Jared Kushner and Ivanka Trump in 2009. Billy Farrell/Patrick McMullan/Patrick McMullan via Getty Images Kushner proposed with a 5.22-carat cushion-cut diamond engagement ring.Ivanka Trump told New York Magazine that she and her fiancé were "very mellow.""We go to the park. We go biking together. We go to the 2nd Avenue Deli," she said. "We both live in this fancy world. But on a personal level, I don't think I could be with somebody — I know he couldn't be with somebody — who needed to be 'on' all the time." October 2009: Ivanka Trump and Kushner married at the Trump National Golf Club in New Jersey. Jared Kushner and Ivanka Trump on their wedding day. Brian Marcus/Fred Marcus Photography via Getty Images The couple invited 500 guests, including celebrities like Barbara Walters, Regis Philbin, and Anna Wintour, as well as politicians such as Rudy Giuliani and Andrew Cuomo. July 2011: The couple welcomed their first child, Arabella. Ivanka Trump and Jared Kushner with Arabella Kushner. Robin Marchant/Getty Images "This morning @jaredkushner and I welcomed a beautiful and healthy little baby girl into the world," Ivanka announced on X, then Twitter. "We feel incredibly grateful and blessed. Thank you all for your support and well wishes!" October 2013: Ivanka Trump gave birth to their second child, Joseph. Ivanka Trump with Arabella Rose Kushner and Joseph Frederick Kushner in 2017. Alo Ceballos/GC Images He was named for Kushner's paternal grandfather Joseph and given the middle name Frederick after Donald Trump's father. March 2016: Kushner and Ivanka Trump welcomed their third child, Theodore, in the midst of Donald Trump's presidential campaign. Ivanka Trump carried her son Theodore as she held hands with Joseph alongside Jared Kushner and daughter Arabella on the White House lawn. SAUL LOEB/AFP via Getty Images "I said, 'Ivanka, it would be great if you had your baby in Iowa.' I really want that to happen. I really want that to happen," Donald Trump told supporters in Iowa in January 2016.All three of the couple's children were born in New York City. May 2016: They attended the Met Gala two months after Ivanka Trump gave birth. Jared Kushner and Ivanka Trump attend the Met Gala. Kevin Mazur/WireImage Ivanka Trump wore a red Ralph Lauren Collection halter jumpsuit.On a 2017 episode of "The Late Late Show with James Corden," Anna Wintour said that she would never invite Donald Trump to another Met Gala. January 2017: Ivanka Trump and Kushner attended Donald Trump's inauguration and danced together at the Liberty Ball. Ivanka Trump and Jared Kushner on Inauguration Day. Photo by Rob Carr/Getty Images The Liberty Ball was the first of three inaugural balls that Donald Trump attended. January 2017: After the inauguration, Ivanka and Kushner relocated to a million home in the Kalorama section of Washington, DC. Jared Kushner and Ivanka Trump's house in Washington, DC. PAUL J. RICHARDS/AFP via Getty Images Ivanka Trump and Kushner rented the 7,000-square-foot home from billionaire Andrónico Luksic for a month, The Wall Street Journal reported. May 2017: They accompanied Donald Trump on his first overseas trip in office. Jared Kushner and Ivanka Trump with Pope Francis. Vatican Pool - Corbis/Corbis via Getty Images Kushner and Ivanka Trump both served as advisors to the president. For the first overseas trip of Donald Trump's presidency, they accompanied him to Saudi Arabia, Israel, the Vatican, and summits in Brussels and Sicily. October 2019: The couple celebrated their 10th wedding anniversary with a lavish party at Camp David. Ivanka Trump and Jared Kushner at a state dinner. MANDEL NGAN/AFP via Getty Images All of the Trump and Kushner siblings were in attendance. A White House official told CNN that the couple was covering the cost of the party, but Donald Trump tweeted that the cost would be "totally paid for by me!" August 2020: Ivanka Trump spoke about moving their family to Washington, DC, at the Republican National Convention. Jared Kushner and Ivanka Trump at the Republican National Convention. SAUL LOEB/AFP via Getty Images "When Jared and I moved with our three children to Washington, we didn't exactly know what we were in for," she said in her speech. "But our kids loved it from the start." December 2020: Ivanka Trump and Kushner reportedly bought a million empty lot in Miami's "Billionaire Bunker." Jared Kushner and Ivanka Trump's plot of land in Indian Creek Village. The Jills Zeder Group; Samir Hussein/WireImage/Getty Images After Donald Trump lost the 2020 election, Page Six reported that the couple purchased a 1.8-acre waterfront lot owned by singer Julio Iglesias, Enrique Iglesias' father, in Indian Creek Village, Florida.The island where it sits has the nickname "Billionaire Bunker" thanks to its multitude of ultra-wealthy residents over the years, including billionaire investor Carl Icahn, supermodel Adriana Lima, and former Miami Dolphins coach Don Shula. January 2021: They skipped Joe Biden's inauguration, flying with Donald Trump to his Mar-a-Lago residence in Palm Beach, Florida, instead. Ivanka Trump, Jared Kushner, and their children prepared for Donald Trump's departure on Inauguration Day. ALEX EDELMAN/AFP via Getty Images Donald Trump did not attend Biden's inauguration, breaking a long-standing norm in US democracy. While initial reports said that Ivanka Trump was planning to attend the inauguration, a White House official told People magazine that "Ivanka is not expected to attend the inauguration nor was she ever expected to." January 2021: The couple signed a lease for a luxury Miami Beach condo near their Indian Creek Village property. Arte Surfside. Antonio Citterio Patricia Viel Ivanka Trump and Kushner signed a lease for a "large, unfurnished unit" in the amenities-packed Arte Surfside condominium building in Surfside, Florida.Surfside, a beachside town just north of Miami Beach that's home to fewer than 6,000 people, is only a five-minute drive from Indian Creek Island, where they bought their million empty lot. April 2021: Ivanka Trump and Kushner reportedly added a million mansion in Indian Creek Village to their Florida real-estate profile. Ivanka Trump and Jared Kushner on a walk in Florida. MEGA/GC Images The Real Deal reported that Ivanka and Kushner purchased another Indian Creek property — this time, a 8,510-square-foot mansion situated on a 1.3-acre estate. June 2021: Several outlets reported that the couple began to distance themselves from Donald Trump due to his fixation on conspiracy theories about the 2020 election. Ivanka Trump and Jared Kushner behind Donald Trump. Kevin Lamarque/Reuters CNN reported that Trump was prone to complain about the 2020 election and falsely claim it was "stolen" from him to anyone listening and that his "frustrations emerge in fits and starts — more likely when he is discussing his hopeful return to national politics."While Ivanka and Kushner had been living in their Miami Beach condo, not far from Trump's Mar-a-Lago club in Palm Beach, Florida, they'd visited Trump less and less frequently and were absent from big events at Mar-a-Lago, CNN said.The New York Times also reported that Kushner wanted "to focus on writing his book and establishing a simpler relationship" with the former president. October 2021: Ivanka Trump and Kushner visited Israel's parliament for the inaugural event of the Abraham Accords Caucus. Jared Kushner and Ivanka Trump in Israel. AHMAD GHARABLI/AFP via Getty Images The Abraham Accords, which Kushner helped broker in August 2020, normalized relations between Israel and the United Arab Emirates, Bahrain, Sudan, and Morocco.During their visit, Ivanka Trump and Kushner met with then-former Prime Minister Benjamin Netanyahu and attended an event at the Museum of Tolerance Jerusalem with former US Secretary of State Mike Pompeo. August 2022: Kushner released his memoir, "Breaking History," in which he wrote about their courtship. Jared Kushner. John Lamparski/Getty Images for Concordia Summit "In addition to being arrestingly beautiful, which I knew before we met, she was warm, funny, and brilliant," he wrote of getting to know Ivanka Trump. "She has a big heart and a tremendous zest for exploring new things."He also wrote that when he told Donald Trump that he was planning a surprise engagement, Trump "picked up the intercom and alerted Ivanka that she should expect an imminent proposal." November 2022: Kushner attended Donald Trump's 2024 campaign announcement without Ivanka Trump. Kimberly Guilfoyle, Jared Kushner, Eric Trump, and Lara Trump at Donald Trump's presidential campaign announcement. Jonathan Ernst/Reuters Ivanka Trump released a statement explaining her absence from the event."I love my father very much," her statement read. "This time around, I am choosing to prioritize my children and the private life we are creating as a family. I do not plan to be involved in politics. While I will always love and support my father, going forward I will do so outside the political arena." July 2024: Ivanka Trump and Kushner made a rare political appearance at the Republican National Convention. Donald Trump and Melania Trump onstage with Ivanka Trump and Jared Kushner. Jason Armond/Los Angeles Times via Getty Images Ivanka Trump did not campaign for her father or give a speech as she had at past Republican National Conventions, but she and Jared Kushner joined Trump family members onstage after Donald Trump's remarks. November 2024: They joined members of the Trump family in Palm Beach, Florida, to celebrate Donald Trump's election victory. #timeline #ivanka #trump #jared #kushner039s
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    A timeline of Ivanka Trump and Jared Kushner's relationship
    Ivanka Trump has made it clear that she's done with politics. That hasn't stopped her and husband Jared Kushner from remaining an influential political couple.They have not formally reprised their roles as White House advisors in President Donald Trump's second administration, but they've remained present in Donald Trump's political orbit.While Ivanka Trump opted out of the 2024 campaign trail, she and Kushner still appeared at the Republican National Convention, Donald Trump's victory party on election night, and the inauguration. Kushner also reportedly served as an informal advisor ahead of Donald Trump's trip to the Middle East in May, CNN reported.Ivanka Trump, who is Donald Trump's eldest daughter, converted to Judaism before marrying Kushner in 2009. They have three children: Arabella, Joseph, and Theodore.Here's a timeline of Ivanka Trump and Kushner's relationship. 2007: Ivanka Trump and Jared Kushner met at a networking lunch arranged by one of her longtime business partners. Ivanka Trump and Jared Kushner in 2007. PAUL LAURIE/Patrick McMullan via Getty Images Ivanka Trump and Kushner were both 25 at the time."They very innocently set us up thinking that our only interest in one another would be transactional," Ivanka Trump told Vogue in 2015. "Whenever we see them we're like, 'The best deal we ever made!'" 2008: Ivanka Trump and Kushner broke up because of religious differences. Jared Kushner and Ivanka Trump in 2008. Patrick McMullan/Patrick McMullan via Getty Images Kushner was raised in the modern Orthodox Jewish tradition, and it was important to his family for him to marry someone Jewish. Ivanka Trump's family is Presbyterian. 2008: Three months later, the couple rekindled their romance on Rupert Murdoch's yacht. Ivanka Trump and Jared Kushner in 2008. David X Prutting/Patrick McMullan/Patrick McMullan via Getty Images In his memoir, "Breaking History," Kushner wrote that Murdoch's then-wife, Wendi Murdoch, was a mutual friend who invited them both on the yacht. May 2009: They attended the Met Gala together for the first time. Jared Kushner and Ivanka Trump at the Met Gala. BILLY FARRELL/Patrick McMullan via Getty Images The theme of the Met Gala that year was "The Model As Muse." Ivanka Trump wore a gown by designer Brian Reyes. July 2009: Ivanka Trump completed her conversion to Judaism, and she and Kushner got engaged. Jared Kushner and Ivanka Trump in 2009. Billy Farrell/Patrick McMullan/Patrick McMullan via Getty Images Kushner proposed with a 5.22-carat cushion-cut diamond engagement ring.Ivanka Trump told New York Magazine that she and her fiancé were "very mellow.""We go to the park. We go biking together. We go to the 2nd Avenue Deli," she said. "We both live in this fancy world. But on a personal level, I don't think I could be with somebody — I know he couldn't be with somebody — who needed to be 'on' all the time." October 2009: Ivanka Trump and Kushner married at the Trump National Golf Club in New Jersey. Jared Kushner and Ivanka Trump on their wedding day. Brian Marcus/Fred Marcus Photography via Getty Images The couple invited 500 guests, including celebrities like Barbara Walters, Regis Philbin, and Anna Wintour, as well as politicians such as Rudy Giuliani and Andrew Cuomo. July 2011: The couple welcomed their first child, Arabella. Ivanka Trump and Jared Kushner with Arabella Kushner. Robin Marchant/Getty Images "This morning @jaredkushner and I welcomed a beautiful and healthy little baby girl into the world," Ivanka announced on X, then Twitter. "We feel incredibly grateful and blessed. Thank you all for your support and well wishes!" October 2013: Ivanka Trump gave birth to their second child, Joseph. Ivanka Trump with Arabella Rose Kushner and Joseph Frederick Kushner in 2017. Alo Ceballos/GC Images He was named for Kushner's paternal grandfather Joseph and given the middle name Frederick after Donald Trump's father. March 2016: Kushner and Ivanka Trump welcomed their third child, Theodore, in the midst of Donald Trump's presidential campaign. Ivanka Trump carried her son Theodore as she held hands with Joseph alongside Jared Kushner and daughter Arabella on the White House lawn. SAUL LOEB/AFP via Getty Images "I said, 'Ivanka, it would be great if you had your baby in Iowa.' I really want that to happen. I really want that to happen," Donald Trump told supporters in Iowa in January 2016.All three of the couple's children were born in New York City. May 2016: They attended the Met Gala two months after Ivanka Trump gave birth. Jared Kushner and Ivanka Trump attend the Met Gala. Kevin Mazur/WireImage Ivanka Trump wore a red Ralph Lauren Collection halter jumpsuit.On a 2017 episode of "The Late Late Show with James Corden," Anna Wintour said that she would never invite Donald Trump to another Met Gala. January 2017: Ivanka Trump and Kushner attended Donald Trump's inauguration and danced together at the Liberty Ball. Ivanka Trump and Jared Kushner on Inauguration Day. Photo by Rob Carr/Getty Images The Liberty Ball was the first of three inaugural balls that Donald Trump attended. January 2017: After the inauguration, Ivanka and Kushner relocated to a $5.5 million home in the Kalorama section of Washington, DC. Jared Kushner and Ivanka Trump's house in Washington, DC. PAUL J. RICHARDS/AFP via Getty Images Ivanka Trump and Kushner rented the 7,000-square-foot home from billionaire Andrónico Luksic for $15,000 a month, The Wall Street Journal reported. May 2017: They accompanied Donald Trump on his first overseas trip in office. Jared Kushner and Ivanka Trump with Pope Francis. Vatican Pool - Corbis/Corbis via Getty Images Kushner and Ivanka Trump both served as advisors to the president. For the first overseas trip of Donald Trump's presidency, they accompanied him to Saudi Arabia, Israel, the Vatican, and summits in Brussels and Sicily. October 2019: The couple celebrated their 10th wedding anniversary with a lavish party at Camp David. Ivanka Trump and Jared Kushner at a state dinner. MANDEL NGAN/AFP via Getty Images All of the Trump and Kushner siblings were in attendance. A White House official told CNN that the couple was covering the cost of the party, but Donald Trump tweeted that the cost would be "totally paid for by me!" August 2020: Ivanka Trump spoke about moving their family to Washington, DC, at the Republican National Convention. Jared Kushner and Ivanka Trump at the Republican National Convention. SAUL LOEB/AFP via Getty Images "When Jared and I moved with our three children to Washington, we didn't exactly know what we were in for," she said in her speech. "But our kids loved it from the start." December 2020: Ivanka Trump and Kushner reportedly bought a $32 million empty lot in Miami's "Billionaire Bunker." Jared Kushner and Ivanka Trump's plot of land in Indian Creek Village. The Jills Zeder Group; Samir Hussein/WireImage/Getty Images After Donald Trump lost the 2020 election, Page Six reported that the couple purchased a 1.8-acre waterfront lot owned by singer Julio Iglesias, Enrique Iglesias' father, in Indian Creek Village, Florida.The island where it sits has the nickname "Billionaire Bunker" thanks to its multitude of ultra-wealthy residents over the years, including billionaire investor Carl Icahn, supermodel Adriana Lima, and former Miami Dolphins coach Don Shula. January 2021: They skipped Joe Biden's inauguration, flying with Donald Trump to his Mar-a-Lago residence in Palm Beach, Florida, instead. Ivanka Trump, Jared Kushner, and their children prepared for Donald Trump's departure on Inauguration Day. ALEX EDELMAN/AFP via Getty Images Donald Trump did not attend Biden's inauguration, breaking a long-standing norm in US democracy. While initial reports said that Ivanka Trump was planning to attend the inauguration, a White House official told People magazine that "Ivanka is not expected to attend the inauguration nor was she ever expected to." January 2021: The couple signed a lease for a luxury Miami Beach condo near their Indian Creek Village property. Arte Surfside. Antonio Citterio Patricia Viel Ivanka Trump and Kushner signed a lease for a "large, unfurnished unit" in the amenities-packed Arte Surfside condominium building in Surfside, Florida.Surfside, a beachside town just north of Miami Beach that's home to fewer than 6,000 people, is only a five-minute drive from Indian Creek Island, where they bought their $32 million empty lot. April 2021: Ivanka Trump and Kushner reportedly added a $24 million mansion in Indian Creek Village to their Florida real-estate profile. Ivanka Trump and Jared Kushner on a walk in Florida. MEGA/GC Images The Real Deal reported that Ivanka and Kushner purchased another Indian Creek property — this time, a 8,510-square-foot mansion situated on a 1.3-acre estate. June 2021: Several outlets reported that the couple began to distance themselves from Donald Trump due to his fixation on conspiracy theories about the 2020 election. Ivanka Trump and Jared Kushner behind Donald Trump. Kevin Lamarque/Reuters CNN reported that Trump was prone to complain about the 2020 election and falsely claim it was "stolen" from him to anyone listening and that his "frustrations emerge in fits and starts — more likely when he is discussing his hopeful return to national politics."While Ivanka and Kushner had been living in their Miami Beach condo, not far from Trump's Mar-a-Lago club in Palm Beach, Florida, they'd visited Trump less and less frequently and were absent from big events at Mar-a-Lago, CNN said.The New York Times also reported that Kushner wanted "to focus on writing his book and establishing a simpler relationship" with the former president. October 2021: Ivanka Trump and Kushner visited Israel's parliament for the inaugural event of the Abraham Accords Caucus. Jared Kushner and Ivanka Trump in Israel. AHMAD GHARABLI/AFP via Getty Images The Abraham Accords, which Kushner helped broker in August 2020, normalized relations between Israel and the United Arab Emirates, Bahrain, Sudan, and Morocco.During their visit, Ivanka Trump and Kushner met with then-former Prime Minister Benjamin Netanyahu and attended an event at the Museum of Tolerance Jerusalem with former US Secretary of State Mike Pompeo. August 2022: Kushner released his memoir, "Breaking History," in which he wrote about their courtship. Jared Kushner. John Lamparski/Getty Images for Concordia Summit "In addition to being arrestingly beautiful, which I knew before we met, she was warm, funny, and brilliant," he wrote of getting to know Ivanka Trump. "She has a big heart and a tremendous zest for exploring new things."He also wrote that when he told Donald Trump that he was planning a surprise engagement, Trump "picked up the intercom and alerted Ivanka that she should expect an imminent proposal." November 2022: Kushner attended Donald Trump's 2024 campaign announcement without Ivanka Trump. Kimberly Guilfoyle, Jared Kushner, Eric Trump, and Lara Trump at Donald Trump's presidential campaign announcement. Jonathan Ernst/Reuters Ivanka Trump released a statement explaining her absence from the event."I love my father very much," her statement read. "This time around, I am choosing to prioritize my children and the private life we are creating as a family. I do not plan to be involved in politics. While I will always love and support my father, going forward I will do so outside the political arena." July 2024: Ivanka Trump and Kushner made a rare political appearance at the Republican National Convention. Donald Trump and Melania Trump onstage with Ivanka Trump and Jared Kushner. Jason Armond/Los Angeles Times via Getty Images Ivanka Trump did not campaign for her father or give a speech as she had at past Republican National Conventions, but she and Jared Kushner joined Trump family members onstage after Donald Trump's remarks. November 2024: They joined members of the Trump family in Palm Beach, Florida, to celebrate Donald Trump's election victory.
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  • Business Insider поделился ссылкой
    2025-05-31 23:07:17 -
    Meta's chief AI scientist says all countries should contribute data to a shared open-source AI model

    Yann LeCun, Meta's chief AI scientist, talks about AI regulation.

    FABRICE COFFRINI / AFP via Getty Images

    2025-05-31T21:40:40Z

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    Yann LeCun, Meta's chief AI scientist, has some ideas on open-source regulation.
    LeCun thinks open-source AI should be an international resource.
    Countries must ensure they are not "impeding open source platforms," he said.

    AI has surged to the top of the diplomatic agenda in the past couple of years.And one of the leading topics of discussion among researchers, tech executives, and policymakers is how open-source models — which are free for anyone to use and modify — should be governed.At the AI Action Summit in Paris earlier this year, Meta's chief AI scientist, Yann LeCun, said he'd like to see a world in which "we'll train our open-source platforms in a distributed fashion with data centers spread across the world." Each will have access to its own data sources, which they may keep confidential, but "they will contribute to a common model that will essentially constitute a repository of all human knowledge," he said.This repository will be larger than what any one entity, whether a country or company, can handle. India, for example, may not give away a body of knowledge comprising all the languages and dialects spoken there to a tech company. However, "they would be happy to contribute to training a big model, if they can, that is open source," he said.To achieve that vision, though, "countries have to be really careful with regulations and legislation." He said countries shouldn't impede open-source, but favor it.Even for closed-loop systems, OpenAI CEO Sam Altman has said international regulation is critical."I think there will come a time in the not-so-distant future, like we're not talking decades and decades from now, where frontier AI systems are capable of causing significant global harm," Altman said on the All-In podcast last year.Altman believes those systems will have a "negative impact way beyond the realm of one country" and said he wanted to see them regulated by "an international agency looking at the most powerful systems and ensuring reasonable safety testing."

    Recommended video
    #meta039s #chief #scientist #says #all
    Meta's chief AI scientist says all countries should contribute data to a shared open-source AI model
    Yann LeCun, Meta's chief AI scientist, talks about AI regulation. FABRICE COFFRINI / AFP via Getty Images 2025-05-31T21:40:40Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Yann LeCun, Meta's chief AI scientist, has some ideas on open-source regulation. LeCun thinks open-source AI should be an international resource. Countries must ensure they are not "impeding open source platforms," he said. AI has surged to the top of the diplomatic agenda in the past couple of years.And one of the leading topics of discussion among researchers, tech executives, and policymakers is how open-source models — which are free for anyone to use and modify — should be governed.At the AI Action Summit in Paris earlier this year, Meta's chief AI scientist, Yann LeCun, said he'd like to see a world in which "we'll train our open-source platforms in a distributed fashion with data centers spread across the world." Each will have access to its own data sources, which they may keep confidential, but "they will contribute to a common model that will essentially constitute a repository of all human knowledge," he said.This repository will be larger than what any one entity, whether a country or company, can handle. India, for example, may not give away a body of knowledge comprising all the languages and dialects spoken there to a tech company. However, "they would be happy to contribute to training a big model, if they can, that is open source," he said.To achieve that vision, though, "countries have to be really careful with regulations and legislation." He said countries shouldn't impede open-source, but favor it.Even for closed-loop systems, OpenAI CEO Sam Altman has said international regulation is critical."I think there will come a time in the not-so-distant future, like we're not talking decades and decades from now, where frontier AI systems are capable of causing significant global harm," Altman said on the All-In podcast last year.Altman believes those systems will have a "negative impact way beyond the realm of one country" and said he wanted to see them regulated by "an international agency looking at the most powerful systems and ensuring reasonable safety testing." Recommended video #meta039s #chief #scientist #says #all
    WWW.BUSINESSINSIDER.COM
    Meta's chief AI scientist says all countries should contribute data to a shared open-source AI model
    Yann LeCun, Meta's chief AI scientist, talks about AI regulation. FABRICE COFFRINI / AFP via Getty Images 2025-05-31T21:40:40Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Yann LeCun, Meta's chief AI scientist, has some ideas on open-source regulation. LeCun thinks open-source AI should be an international resource. Countries must ensure they are not "impeding open source platforms," he said. AI has surged to the top of the diplomatic agenda in the past couple of years.And one of the leading topics of discussion among researchers, tech executives, and policymakers is how open-source models — which are free for anyone to use and modify — should be governed.At the AI Action Summit in Paris earlier this year, Meta's chief AI scientist, Yann LeCun, said he'd like to see a world in which "we'll train our open-source platforms in a distributed fashion with data centers spread across the world." Each will have access to its own data sources, which they may keep confidential, but "they will contribute to a common model that will essentially constitute a repository of all human knowledge," he said.This repository will be larger than what any one entity, whether a country or company, can handle. India, for example, may not give away a body of knowledge comprising all the languages and dialects spoken there to a tech company. However, "they would be happy to contribute to training a big model, if they can, that is open source," he said.To achieve that vision, though, "countries have to be really careful with regulations and legislation." He said countries shouldn't impede open-source, but favor it.Even for closed-loop systems, OpenAI CEO Sam Altman has said international regulation is critical."I think there will come a time in the not-so-distant future, like we're not talking decades and decades from now, where frontier AI systems are capable of causing significant global harm," Altman said on the All-In podcast last year.Altman believes those systems will have a "negative impact way beyond the realm of one country" and said he wanted to see them regulated by "an international agency looking at the most powerful systems and ensuring reasonable safety testing." Recommended video
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  • Business Insider поделился ссылкой
    2025-05-31 12:44:18 -
    A Russian oil company says it paid out a $195,000 bounty to soldiers it credited with downing an F-16 fighter jet in Ukraine

    A US Air Force F-16 fighter jet takes off from an airbase in Germany.

    Photo by Boris Roessler/picture alliance via Getty Images

    2025-05-31T12:20:02Z

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    A Russian company said it paid 12 soldiers a combined for shooting down an F-16 jet.
    Fores said it presented the soldiers the cash at a ceremony near the Russia-Ukraine border on Thursday.
    Kyiv had long coveted the US-made F-16. It received its first of the jets in 2024.

    A Russian oil company said it had awarded a total of 15 million rublesto Russian soldiers who it credited with downing the first US-made F-16 fighter jet in Ukraine.In a press release, Fores, a fracking parts manufacturer, said it had presented 12 servicemen with the cash at a ceremony near the Russia-Ukraine border on Thursday."Fores fulfilled its earlier promise and paid 15 million rubles to Russian servicemen for destroying the first F-16 fighter jet in the special operation zone," the company said.The firm announced the bounty system in 2023, promising cash rewards for soldiers who destroyed certain Western-supplied military equipment.The company said it had so far paid out just over 52 million rublesfor the destruction of the F-16 and an unspecified number of Leopard 2 and Abrams tanks.Ukrainian President Volodymyr Zelenskyy had long coveted the F-16 as he sought to bolster Ukraine's air defenses, and Kyiv received its first delivery of the jet in the summer of 2024. Ukraine's forces have so far lost at least three F-16s in combat, with the General Staff confirming the first loss in August last year.The F-16 has nevertheless seemingly proved a hit over the battlefield.Gen. Christopher G. Cavoli, the US's top general in Europe, told a Senate Armed Services Committee in April that F-16s were flying "every day" in Ukraine and that they had been successful in both air defense and offensive operations."They've defeated a large number of cruise missile threats, and they've delivered an awful lot of offensive attacks as well," he said, adding: "Specifically, bombing attacks in the east."
    #russian #oil #company #says #paid
    A Russian oil company says it paid out a $195,000 bounty to soldiers it credited with downing an F-16 fighter jet in Ukraine
    A US Air Force F-16 fighter jet takes off from an airbase in Germany. Photo by Boris Roessler/picture alliance via Getty Images 2025-05-31T12:20:02Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? A Russian company said it paid 12 soldiers a combined for shooting down an F-16 jet. Fores said it presented the soldiers the cash at a ceremony near the Russia-Ukraine border on Thursday. Kyiv had long coveted the US-made F-16. It received its first of the jets in 2024. A Russian oil company said it had awarded a total of 15 million rublesto Russian soldiers who it credited with downing the first US-made F-16 fighter jet in Ukraine.In a press release, Fores, a fracking parts manufacturer, said it had presented 12 servicemen with the cash at a ceremony near the Russia-Ukraine border on Thursday."Fores fulfilled its earlier promise and paid 15 million rubles to Russian servicemen for destroying the first F-16 fighter jet in the special operation zone," the company said.The firm announced the bounty system in 2023, promising cash rewards for soldiers who destroyed certain Western-supplied military equipment.The company said it had so far paid out just over 52 million rublesfor the destruction of the F-16 and an unspecified number of Leopard 2 and Abrams tanks.Ukrainian President Volodymyr Zelenskyy had long coveted the F-16 as he sought to bolster Ukraine's air defenses, and Kyiv received its first delivery of the jet in the summer of 2024. Ukraine's forces have so far lost at least three F-16s in combat, with the General Staff confirming the first loss in August last year.The F-16 has nevertheless seemingly proved a hit over the battlefield.Gen. Christopher G. Cavoli, the US's top general in Europe, told a Senate Armed Services Committee in April that F-16s were flying "every day" in Ukraine and that they had been successful in both air defense and offensive operations."They've defeated a large number of cruise missile threats, and they've delivered an awful lot of offensive attacks as well," he said, adding: "Specifically, bombing attacks in the east." #russian #oil #company #says #paid
    WWW.BUSINESSINSIDER.COM
    A Russian oil company says it paid out a $195,000 bounty to soldiers it credited with downing an F-16 fighter jet in Ukraine
    A US Air Force F-16 fighter jet takes off from an airbase in Germany. Photo by Boris Roessler/picture alliance via Getty Images 2025-05-31T12:20:02Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? A Russian company said it paid 12 soldiers a combined $195,000 for shooting down an F-16 jet. Fores said it presented the soldiers the cash at a ceremony near the Russia-Ukraine border on Thursday. Kyiv had long coveted the US-made F-16. It received its first of the jets in 2024. A Russian oil company said it had awarded a total of 15 million rubles (around $195,000) to Russian soldiers who it credited with downing the first US-made F-16 fighter jet in Ukraine.In a press release, Fores, a fracking parts manufacturer, said it had presented 12 servicemen with the cash at a ceremony near the Russia-Ukraine border on Thursday."Fores fulfilled its earlier promise and paid 15 million rubles to Russian servicemen for destroying the first F-16 fighter jet in the special operation zone," the company said.The firm announced the bounty system in 2023, promising cash rewards for soldiers who destroyed certain Western-supplied military equipment.The company said it had so far paid out just over 52 million rubles (around $670,000) for the destruction of the F-16 and an unspecified number of Leopard 2 and Abrams tanks.Ukrainian President Volodymyr Zelenskyy had long coveted the F-16 as he sought to bolster Ukraine's air defenses, and Kyiv received its first delivery of the jet in the summer of 2024. Ukraine's forces have so far lost at least three F-16s in combat, with the General Staff confirming the first loss in August last year.The F-16 has nevertheless seemingly proved a hit over the battlefield.Gen. Christopher G. Cavoli, the US's top general in Europe, told a Senate Armed Services Committee in April that F-16s were flying "every day" in Ukraine and that they had been successful in both air defense and offensive operations."They've defeated a large number of cruise missile threats, and they've delivered an awful lot of offensive attacks as well," he said, adding: "Specifically, bombing attacks in the east."
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  • Business Insider поделился ссылкой
    2025-05-31 10:28:00 -
    Hyundai just built a $7.6 billion EV factory in Georgia to compete with Tesla and GM — see inside

    The billion Hyundai Motor Group Metaplant America, or HMGMA, is one of the newest and most technologically advanced car factories in the world.The plant, located near Savannah, Georgia, opened its doors in March and will be a key production facility for Hyundai's EVs and PHEVs, as well as those belonging to its Genesis luxury brand and sister company Kia.In a recent interview with Business Insider, Genesis North America COO Tedros Mengiste cited the investment as an example of Hyundai's track record for "visionary and strategic, and long-term thinking."I recently took a behind-the-scenes tour of Hyundai's new megafactory packed with autonomous robots and state-of-the-art tech.

    The Hyundai Metaplant is situated on a 3,000-acre campus in the south Georgia town of Ellabell.

    Hyundai's Metaplant America.

    Hyundai

    Located just 20 miles from the Port of Savannah, one of the busiest in the US, the plant not only gives Hyundai much-needed manufacturing capacity in the US to avoid import tariffs, but it also affords the company the flexibility to export vehicles abroad.It also gives Hyundai the production footprint to compete against rivals like Tesla, GM, and Rivian, which is also building a new factory in Georgia.

    Driving up to the factory, it's easy to be wowed by the sheer scale of the sprawling complex.

    The entryway to the Hyundai Motor Group Metaplant America campus in Ellabell, Georgia.

    Benjamin Zhang/Business Insider

    It's Hyundai Group's second car factory in the state. The company also operates a billion, 2,200-acre facility in West Point, Georgia, that builds Kia EV and ICE SUVs.

    I drove to the factory in a new 2026 Hyundai Ioniq 9 EV SUV, which is one of the vehicles assembled at the Metaplant.

    Hyundai Ioniq 9 EVs are parked in front of the lobby at the Hyundai Motor Group Metaplant America in Georgia.

    Hyundai

    The only other model assembled at the plant is the Hyundai Ioniq 5 EV.

    My tour began in the plant's modern main lobby.

    The Metaplant lobby is modern and pleasant.

    Benjamin Zhang/Business Insider

    Hyundai broke ground on the facility in the fall of 2022 and took just two years to complete construction on the main production buildings.

    The Metaplant site consists of 11 buildings totalling 7.5 million square feet of space.

    A map of the Hyundai Motor Group Metaplant America in Georgia.

    Benjamin Zhang/Business Insider

    The Metaplant is a marvel of vertical integration, with the goal of having as many key components, ranging from battery packs to seats, made on-site.

    Here's a Hyundai XCIENT hydrogen fuel cell semi truck used to transport parts and supplies to the factory.

    A Hyundai XCIENT hydrogen fuel cell truck.

    Benjamin Zhang/Business Insider

    It's one of 21 emission-free XCIENT trucks deployed around the Metaplant site.

    The production process starts in the stamping shop, where sheet metal is cut and stamped into parts that will make up the frame of the car.

    The stamping facility.

    Benjamin Zhang/Business Insider

    The sheet metal is supplied by the on-site Hyundai Steel facility.

    Stamped parts are transported by automated guided vehicles, or AGVs.

    Autonomous robots are transporting stamped metal parts.

    Benjamin Zhang/Business Insider

    The plant employs almost 300 AGVs to shuttle everything from spare parts to partially assembled cars.

    The stamped metal panels are then stored in these massive racks.

    Racks full of stamped metal sections of Ioniq 5 and Ioniq 9 EVs.

    Benjamin Zhang/Business Insider

    The Metaplant was originally expected to produce up to 300,000 electrified vehicles annually. However, Hyundai announced at the plant's grand opening in March that its capacity will be expanded to 500,000 units in the coming years as part of a new billion investment in US manufacturing.

    Here are parts of the Ioniq 9, Hyundai's new flagship three-row EV SUV.

    Parts of the Hyundai Ioniq 9 EV at the Hyundai Motor Group Metaplant America in Georgia.

    Benjamin Zhang/Business Insider

    The plant is expected to start production of its first Kia model next year.

    The next part of the tour is the welding shop.

    Ioniq 5 EVs at the welding facility at the Hyundai Motor Group Metaplant America in Georgia.

    Benjamin Zhang/Business Insider

    Here, the stamped metal pieces are welded together by robot to form the body of the vehicle.

    The work done by the welding robots is then inspected by the plant's human employees known as Meta Pros.

    The Hyundai Ioniq 5 and Ioniq 9 EVs are going through quality inspections in the welding shop.

    Benjamin Zhang/Business Insider

    The Metplant employees more than 1,300 Meta Pros, nearly 90% of whom were hired locally.

    There are employee meeting and break areas located along the inspection and assembly areas.

    Employee break and meeting area at the welding shop.

    Benjamin Zhang/Business Insider

    An employee cafeteria with remote ordering capability is located in the main assembly building.

    In addition to human eyes, the vehicles are also inspected by a pair of Boston Dynamics robot dogs called Spot.

    Boston Dynamics robot dogs inspecting Hyundai Ioniq 5 EVs.

    Benjamin Zhang/Business Insider

    In 2021, Hyundai acquired an 80% stake in Boston Dynamics in a deal that valued the company at billion.

    After the inspections are complete, a robot loads the partially assembled vehicles onto a conveyor system.

    Ioniq 5 EVs are about to be lifted onto the conveyor belt to the paint shop.

    Benjamin Zhang/Business Insider

    Next stop, the paint shop.

    Unfortunately, my tour did not get access to the paint shop due to concerns that outside visitors may compromise the quality of the paint application.

    Hyundai EV bodies are moving from the paint shop to the assembly facility at the Hyundai Motor Group Metaplant America in Georgia.

    Benjamin Zhang/Business Insider

    After receiving a fresh coat of paint, the vehicles travel through a bridge to the assembly building.

    Here, the painted bodies are married with their battery packs and skateboard chassis.

    An Ioniq 5 on the assembly line.

    Benjamin Zhang/Business Insider

    Hyundai Mobis produces the skateboard chassis in a building next door to the general assembly facility. The Metaplant's on-site battery factory, operated in a joint venture with LG, is expected to come online next year. The plant currently sources its batteries from Hyundai's other facilities, including one in North Georgia that's a joint venture with SK.

    The vehicles' interiors are then assembled by hand.

    The Metaplant assembly line, where human workers are joining in.

    Benjamin Zhang/Business Insider

    The further along the production process, the more you see human workers on the assembly line.

    Partially assembled EVs are shuttled through from area to area by the automated robots.

    Ioniq 5 EVs at the Hyundai Motor Group Metaplant America in Georgia.

    Benjamin Zhang/Business Insider

    The entire facility was immaculately clean, quiet, and felt beautifully choreographed.

    Assembled vehicles are loaded onto different AGVs that navigate the facility by reading the QR codes embedded into the floor.

    Hyundai Ioniq 5 EVs after soak testing at the Hyundai Motor Group Metaplant America in Georgia.

    Benjamin Zhang/Business Insider

    These AGVs shuttle the vehicles through the plant's various quality control tests.

    At the end of the assembly line, completed EVs are put through their paces at the on-site test track before being sent to the vehicle preparation center, or VPC, to get them ready for shipping.

    Completed Hyundai EVs are ready for a dealer's lot.

    Benjamin Zhang/Business Insider

    Vehicles destined for dealerships in the region are put on trucks, while those traveling more than 500 miles are shipped by rail at the Metplant's on-site train terminal.
    #hyundai #just #built #billion #factory
    Hyundai just built a $7.6 billion EV factory in Georgia to compete with Tesla and GM — see inside
    The billion Hyundai Motor Group Metaplant America, or HMGMA, is one of the newest and most technologically advanced car factories in the world.The plant, located near Savannah, Georgia, opened its doors in March and will be a key production facility for Hyundai's EVs and PHEVs, as well as those belonging to its Genesis luxury brand and sister company Kia.In a recent interview with Business Insider, Genesis North America COO Tedros Mengiste cited the investment as an example of Hyundai's track record for "visionary and strategic, and long-term thinking."I recently took a behind-the-scenes tour of Hyundai's new megafactory packed with autonomous robots and state-of-the-art tech. The Hyundai Metaplant is situated on a 3,000-acre campus in the south Georgia town of Ellabell. Hyundai's Metaplant America. Hyundai Located just 20 miles from the Port of Savannah, one of the busiest in the US, the plant not only gives Hyundai much-needed manufacturing capacity in the US to avoid import tariffs, but it also affords the company the flexibility to export vehicles abroad.It also gives Hyundai the production footprint to compete against rivals like Tesla, GM, and Rivian, which is also building a new factory in Georgia. Driving up to the factory, it's easy to be wowed by the sheer scale of the sprawling complex. The entryway to the Hyundai Motor Group Metaplant America campus in Ellabell, Georgia. Benjamin Zhang/Business Insider It's Hyundai Group's second car factory in the state. The company also operates a billion, 2,200-acre facility in West Point, Georgia, that builds Kia EV and ICE SUVs. I drove to the factory in a new 2026 Hyundai Ioniq 9 EV SUV, which is one of the vehicles assembled at the Metaplant. Hyundai Ioniq 9 EVs are parked in front of the lobby at the Hyundai Motor Group Metaplant America in Georgia. Hyundai The only other model assembled at the plant is the Hyundai Ioniq 5 EV. My tour began in the plant's modern main lobby. The Metaplant lobby is modern and pleasant. Benjamin Zhang/Business Insider Hyundai broke ground on the facility in the fall of 2022 and took just two years to complete construction on the main production buildings. The Metaplant site consists of 11 buildings totalling 7.5 million square feet of space. A map of the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider The Metaplant is a marvel of vertical integration, with the goal of having as many key components, ranging from battery packs to seats, made on-site. Here's a Hyundai XCIENT hydrogen fuel cell semi truck used to transport parts and supplies to the factory. A Hyundai XCIENT hydrogen fuel cell truck. Benjamin Zhang/Business Insider It's one of 21 emission-free XCIENT trucks deployed around the Metaplant site. The production process starts in the stamping shop, where sheet metal is cut and stamped into parts that will make up the frame of the car. The stamping facility. Benjamin Zhang/Business Insider The sheet metal is supplied by the on-site Hyundai Steel facility. Stamped parts are transported by automated guided vehicles, or AGVs. Autonomous robots are transporting stamped metal parts. Benjamin Zhang/Business Insider The plant employs almost 300 AGVs to shuttle everything from spare parts to partially assembled cars. The stamped metal panels are then stored in these massive racks. Racks full of stamped metal sections of Ioniq 5 and Ioniq 9 EVs. Benjamin Zhang/Business Insider The Metaplant was originally expected to produce up to 300,000 electrified vehicles annually. However, Hyundai announced at the plant's grand opening in March that its capacity will be expanded to 500,000 units in the coming years as part of a new billion investment in US manufacturing. Here are parts of the Ioniq 9, Hyundai's new flagship three-row EV SUV. Parts of the Hyundai Ioniq 9 EV at the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider The plant is expected to start production of its first Kia model next year. The next part of the tour is the welding shop. Ioniq 5 EVs at the welding facility at the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider Here, the stamped metal pieces are welded together by robot to form the body of the vehicle. The work done by the welding robots is then inspected by the plant's human employees known as Meta Pros. The Hyundai Ioniq 5 and Ioniq 9 EVs are going through quality inspections in the welding shop. Benjamin Zhang/Business Insider The Metplant employees more than 1,300 Meta Pros, nearly 90% of whom were hired locally. There are employee meeting and break areas located along the inspection and assembly areas. Employee break and meeting area at the welding shop. Benjamin Zhang/Business Insider An employee cafeteria with remote ordering capability is located in the main assembly building. In addition to human eyes, the vehicles are also inspected by a pair of Boston Dynamics robot dogs called Spot. Boston Dynamics robot dogs inspecting Hyundai Ioniq 5 EVs. Benjamin Zhang/Business Insider In 2021, Hyundai acquired an 80% stake in Boston Dynamics in a deal that valued the company at billion. After the inspections are complete, a robot loads the partially assembled vehicles onto a conveyor system. Ioniq 5 EVs are about to be lifted onto the conveyor belt to the paint shop. Benjamin Zhang/Business Insider Next stop, the paint shop. Unfortunately, my tour did not get access to the paint shop due to concerns that outside visitors may compromise the quality of the paint application. Hyundai EV bodies are moving from the paint shop to the assembly facility at the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider After receiving a fresh coat of paint, the vehicles travel through a bridge to the assembly building. Here, the painted bodies are married with their battery packs and skateboard chassis. An Ioniq 5 on the assembly line. Benjamin Zhang/Business Insider Hyundai Mobis produces the skateboard chassis in a building next door to the general assembly facility. The Metaplant's on-site battery factory, operated in a joint venture with LG, is expected to come online next year. The plant currently sources its batteries from Hyundai's other facilities, including one in North Georgia that's a joint venture with SK. The vehicles' interiors are then assembled by hand. The Metaplant assembly line, where human workers are joining in. Benjamin Zhang/Business Insider The further along the production process, the more you see human workers on the assembly line. Partially assembled EVs are shuttled through from area to area by the automated robots. Ioniq 5 EVs at the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider The entire facility was immaculately clean, quiet, and felt beautifully choreographed. Assembled vehicles are loaded onto different AGVs that navigate the facility by reading the QR codes embedded into the floor. Hyundai Ioniq 5 EVs after soak testing at the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider These AGVs shuttle the vehicles through the plant's various quality control tests. At the end of the assembly line, completed EVs are put through their paces at the on-site test track before being sent to the vehicle preparation center, or VPC, to get them ready for shipping. Completed Hyundai EVs are ready for a dealer's lot. Benjamin Zhang/Business Insider Vehicles destined for dealerships in the region are put on trucks, while those traveling more than 500 miles are shipped by rail at the Metplant's on-site train terminal. #hyundai #just #built #billion #factory
    WWW.BUSINESSINSIDER.COM
    Hyundai just built a $7.6 billion EV factory in Georgia to compete with Tesla and GM — see inside
    The $7.6 billion Hyundai Motor Group Metaplant America, or HMGMA, is one of the newest and most technologically advanced car factories in the world.The plant, located near Savannah, Georgia, opened its doors in March and will be a key production facility for Hyundai's EVs and PHEVs, as well as those belonging to its Genesis luxury brand and sister company Kia.In a recent interview with Business Insider, Genesis North America COO Tedros Mengiste cited the investment as an example of Hyundai's track record for "visionary and strategic, and long-term thinking."I recently took a behind-the-scenes tour of Hyundai's new megafactory packed with autonomous robots and state-of-the-art tech. The Hyundai Metaplant is situated on a 3,000-acre campus in the south Georgia town of Ellabell. Hyundai's Metaplant America. Hyundai Located just 20 miles from the Port of Savannah, one of the busiest in the US, the plant not only gives Hyundai much-needed manufacturing capacity in the US to avoid import tariffs, but it also affords the company the flexibility to export vehicles abroad.It also gives Hyundai the production footprint to compete against rivals like Tesla, GM, and Rivian, which is also building a new factory in Georgia. Driving up to the factory, it's easy to be wowed by the sheer scale of the sprawling complex. The entryway to the Hyundai Motor Group Metaplant America campus in Ellabell, Georgia. Benjamin Zhang/Business Insider It's Hyundai Group's second car factory in the state. The company also operates a $3.2 billion, 2,200-acre facility in West Point, Georgia, that builds Kia EV and ICE SUVs. I drove to the factory in a new 2026 Hyundai Ioniq 9 EV SUV, which is one of the vehicles assembled at the Metaplant. Hyundai Ioniq 9 EVs are parked in front of the lobby at the Hyundai Motor Group Metaplant America in Georgia. Hyundai The only other model assembled at the plant is the Hyundai Ioniq 5 EV. My tour began in the plant's modern main lobby. The Metaplant lobby is modern and pleasant. Benjamin Zhang/Business Insider Hyundai broke ground on the facility in the fall of 2022 and took just two years to complete construction on the main production buildings. The Metaplant site consists of 11 buildings totalling 7.5 million square feet of space. A map of the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider The Metaplant is a marvel of vertical integration, with the goal of having as many key components, ranging from battery packs to seats, made on-site. Here's a Hyundai XCIENT hydrogen fuel cell semi truck used to transport parts and supplies to the factory. A Hyundai XCIENT hydrogen fuel cell truck. Benjamin Zhang/Business Insider It's one of 21 emission-free XCIENT trucks deployed around the Metaplant site. The production process starts in the stamping shop, where sheet metal is cut and stamped into parts that will make up the frame of the car. The stamping facility. Benjamin Zhang/Business Insider The sheet metal is supplied by the on-site Hyundai Steel facility. Stamped parts are transported by automated guided vehicles, or AGVs. Autonomous robots are transporting stamped metal parts. Benjamin Zhang/Business Insider The plant employs almost 300 AGVs to shuttle everything from spare parts to partially assembled cars. The stamped metal panels are then stored in these massive racks. Racks full of stamped metal sections of Ioniq 5 and Ioniq 9 EVs. Benjamin Zhang/Business Insider The Metaplant was originally expected to produce up to 300,000 electrified vehicles annually. However, Hyundai announced at the plant's grand opening in March that its capacity will be expanded to 500,000 units in the coming years as part of a new $21 billion investment in US manufacturing. Here are parts of the Ioniq 9, Hyundai's new flagship three-row EV SUV. Parts of the Hyundai Ioniq 9 EV at the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider The plant is expected to start production of its first Kia model next year. The next part of the tour is the welding shop. Ioniq 5 EVs at the welding facility at the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider Here, the stamped metal pieces are welded together by robot to form the body of the vehicle. The work done by the welding robots is then inspected by the plant's human employees known as Meta Pros. The Hyundai Ioniq 5 and Ioniq 9 EVs are going through quality inspections in the welding shop. Benjamin Zhang/Business Insider The Metplant employees more than 1,300 Meta Pros, nearly 90% of whom were hired locally. There are employee meeting and break areas located along the inspection and assembly areas. Employee break and meeting area at the welding shop. Benjamin Zhang/Business Insider An employee cafeteria with remote ordering capability is located in the main assembly building. In addition to human eyes, the vehicles are also inspected by a pair of Boston Dynamics robot dogs called Spot. Boston Dynamics robot dogs inspecting Hyundai Ioniq 5 EVs. Benjamin Zhang/Business Insider In 2021, Hyundai acquired an 80% stake in Boston Dynamics in a deal that valued the company at $1.1 billion. After the inspections are complete, a robot loads the partially assembled vehicles onto a conveyor system. Ioniq 5 EVs are about to be lifted onto the conveyor belt to the paint shop. Benjamin Zhang/Business Insider Next stop, the paint shop. Unfortunately, my tour did not get access to the paint shop due to concerns that outside visitors may compromise the quality of the paint application. Hyundai EV bodies are moving from the paint shop to the assembly facility at the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider After receiving a fresh coat of paint, the vehicles travel through a bridge to the assembly building. Here, the painted bodies are married with their battery packs and skateboard chassis. An Ioniq 5 on the assembly line. Benjamin Zhang/Business Insider Hyundai Mobis produces the skateboard chassis in a building next door to the general assembly facility. The Metaplant's on-site battery factory, operated in a joint venture with LG, is expected to come online next year. The plant currently sources its batteries from Hyundai's other facilities, including one in North Georgia that's a joint venture with SK. The vehicles' interiors are then assembled by hand. The Metaplant assembly line, where human workers are joining in. Benjamin Zhang/Business Insider The further along the production process, the more you see human workers on the assembly line. Partially assembled EVs are shuttled through from area to area by the automated robots. Ioniq 5 EVs at the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider The entire facility was immaculately clean, quiet, and felt beautifully choreographed. Assembled vehicles are loaded onto different AGVs that navigate the facility by reading the QR codes embedded into the floor. Hyundai Ioniq 5 EVs after soak testing at the Hyundai Motor Group Metaplant America in Georgia. Benjamin Zhang/Business Insider These AGVs shuttle the vehicles through the plant's various quality control tests. At the end of the assembly line, completed EVs are put through their paces at the on-site test track before being sent to the vehicle preparation center, or VPC, to get them ready for shipping. Completed Hyundai EVs are ready for a dealer's lot. Benjamin Zhang/Business Insider Vehicles destined for dealerships in the region are put on trucks, while those traveling more than 500 miles are shipped by rail at the Metplant's on-site train terminal.
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  • Business Insider поделился ссылкой
    2025-05-31 09:57:47 -
    I'm a psychologist who started repairing vintage Rolex watches as a side hustle. Now watchmaking is my main gig.

    Greg Petronzi is a psychologist and a watchmaker.

    True Patina

    2025-05-31T09:50:02Z

    d

    Read in app

    This story is available exclusively to Business Insider
    subscribers. Become an Insider
    and start reading now.
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    Greg Petronzi was a psychologist and professor when he got into watchmaking on the side.
    Now he repairs vintage Rolex watches and works on pieces worth six figures.
    Petronzi said his watchmaking out-earns his work in psychology.

    This as-told-to essay is based on a conversation with Greg Petronzi of True Patina, a watchmaker specializing in vintage Rolex repairs. He is also a licensed psychologist and professor at New York University. This interview has been edited for length and clarity.I've always had a fascination with watches, starting at a young age. Around middle school, I had a Swatch with a see-through plastic case and an automatic movement. You could see all of the parts of the watch as it was working, and I always found that so interesting.In college, I pursued psychology. That was my practical career path. I got a master's and a Ph.D. Overall, it was a 12-year path to becoming a licensed psychologist. But I never lost my interest in watches.After I finished school, I got into watchmaking, which ended up becoming my main gig. Psychology became my part-time gig, which I never anticipated happening, but it's super exciting. I love both disciplines.I got into watchmaking with an informal apprenticeshipWatchmaking was never really on my radar. As a grad student, I started getting involved in the world of watches and meeting other watch enthusiasts through forums and meetups.I made friends with a watchmaker out of Florida named Rik Dietel, who has 35-plus years of experience in watchmaking and specifically with vintage Rolex, which is the niche that I was very passionate about. I started asking him how to fix this or change that on my own watches. Little by little, Rik started teaching me, and it turned into an informal, remote apprenticeship.Over the next several years, while I was working as a psychologist and professor, my skillset started to really develop, and it started to become apparent to me that this might be more than just a hobby. I was working on my own stuff, then friends' watches, then friends of friends' watches. Then I started getting requests from people I didn't know. That's when I said, "I'd better take this a bit more seriously."

    Greg Petronzi in his workshop.

    True Patina

    During the pandemic, my psychology work went remote, and I was able to put more time and energy into watchmaking. I also had an income, which helped me afford the tools. I just recently spent about on one tool to do a very nuanced repair.I built up my watchmaking workshop and started to develop a niche in cosmetic repair — dials and hands. Because I started as a watch collector, I understand the importance of preserving the originality of a watch. While a lot of more modern watchmakers have the disposition of "repair and replace," I have the disposition of "restore and retain."I started to showcase my work on Instagram and build trust in the community. I ended up working with some really important watch collectors and dealers, like Eric Wind of Wind Vintage, and auction houses like Phillips.There was a moment when I realized I'd made a name for myself in the watch world: Someone sent me an eBay listing that said, "Watch just serviced by True Patina." I had no idea who the seller was, but I thought, "Wow, my company name is actually carrying so much weight that people are using this as a flex toward selling their watch." That felt really good.
    Watchmaking can be challenging to get into, but it's really rewardingWatchmaking has more often than not outperformed what the Ph.D and psychology have allowed me to earn, which I'm astounded by and grateful for.If someone's interested in learning watchmaking, I'd say it's possible, but there are some challenges. The tools are expensive, and the formal education options are limited. Most people either find an apprenticeship or start by working for an established brand while slowly building up their own workshop.My pricing varies a lot based on how much restoration is needed. Repairs typically range between and but some go up to or more, especially if a rare part needs to be sourced.I service watches that range in price from a few thousand dollars upward to six-figure watches. It's not uncommon for me to work on a watch that costs and occasionally even up to Most commonly, they are a few thousand up to But what's most meaningful to me is working on sentimental pieces — watches that have been in families for generations.Becoming a watchmaker never crossed my mind as a kid or even as a college student. But all of a sudden, it organically became reality for me, and it's a very, very meaningful and enjoyable existence.Watchmaking is a very rewarding field. It can be very stressful, especially when the repair might not be cooperating the way you want it to, but when things do fall in line, it can be a very mindful activity. You get into this flow where time just sort of ceases. It's kind of ironic.Do you have a story to share about watches or watchmaking? Contact this reporter at kvlamis@businessinsider.com.
    #i039m #psychologist #who #started #repairing
    I'm a psychologist who started repairing vintage Rolex watches as a side hustle. Now watchmaking is my main gig.
    Greg Petronzi is a psychologist and a watchmaker. True Patina 2025-05-31T09:50:02Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Greg Petronzi was a psychologist and professor when he got into watchmaking on the side. Now he repairs vintage Rolex watches and works on pieces worth six figures. Petronzi said his watchmaking out-earns his work in psychology. This as-told-to essay is based on a conversation with Greg Petronzi of True Patina, a watchmaker specializing in vintage Rolex repairs. He is also a licensed psychologist and professor at New York University. This interview has been edited for length and clarity.I've always had a fascination with watches, starting at a young age. Around middle school, I had a Swatch with a see-through plastic case and an automatic movement. You could see all of the parts of the watch as it was working, and I always found that so interesting.In college, I pursued psychology. That was my practical career path. I got a master's and a Ph.D. Overall, it was a 12-year path to becoming a licensed psychologist. But I never lost my interest in watches.After I finished school, I got into watchmaking, which ended up becoming my main gig. Psychology became my part-time gig, which I never anticipated happening, but it's super exciting. I love both disciplines.I got into watchmaking with an informal apprenticeshipWatchmaking was never really on my radar. As a grad student, I started getting involved in the world of watches and meeting other watch enthusiasts through forums and meetups.I made friends with a watchmaker out of Florida named Rik Dietel, who has 35-plus years of experience in watchmaking and specifically with vintage Rolex, which is the niche that I was very passionate about. I started asking him how to fix this or change that on my own watches. Little by little, Rik started teaching me, and it turned into an informal, remote apprenticeship.Over the next several years, while I was working as a psychologist and professor, my skillset started to really develop, and it started to become apparent to me that this might be more than just a hobby. I was working on my own stuff, then friends' watches, then friends of friends' watches. Then I started getting requests from people I didn't know. That's when I said, "I'd better take this a bit more seriously." Greg Petronzi in his workshop. True Patina During the pandemic, my psychology work went remote, and I was able to put more time and energy into watchmaking. I also had an income, which helped me afford the tools. I just recently spent about on one tool to do a very nuanced repair.I built up my watchmaking workshop and started to develop a niche in cosmetic repair — dials and hands. Because I started as a watch collector, I understand the importance of preserving the originality of a watch. While a lot of more modern watchmakers have the disposition of "repair and replace," I have the disposition of "restore and retain."I started to showcase my work on Instagram and build trust in the community. I ended up working with some really important watch collectors and dealers, like Eric Wind of Wind Vintage, and auction houses like Phillips.There was a moment when I realized I'd made a name for myself in the watch world: Someone sent me an eBay listing that said, "Watch just serviced by True Patina." I had no idea who the seller was, but I thought, "Wow, my company name is actually carrying so much weight that people are using this as a flex toward selling their watch." That felt really good. Watchmaking can be challenging to get into, but it's really rewardingWatchmaking has more often than not outperformed what the Ph.D and psychology have allowed me to earn, which I'm astounded by and grateful for.If someone's interested in learning watchmaking, I'd say it's possible, but there are some challenges. The tools are expensive, and the formal education options are limited. Most people either find an apprenticeship or start by working for an established brand while slowly building up their own workshop.My pricing varies a lot based on how much restoration is needed. Repairs typically range between and but some go up to or more, especially if a rare part needs to be sourced.I service watches that range in price from a few thousand dollars upward to six-figure watches. It's not uncommon for me to work on a watch that costs and occasionally even up to Most commonly, they are a few thousand up to But what's most meaningful to me is working on sentimental pieces — watches that have been in families for generations.Becoming a watchmaker never crossed my mind as a kid or even as a college student. But all of a sudden, it organically became reality for me, and it's a very, very meaningful and enjoyable existence.Watchmaking is a very rewarding field. It can be very stressful, especially when the repair might not be cooperating the way you want it to, but when things do fall in line, it can be a very mindful activity. You get into this flow where time just sort of ceases. It's kind of ironic.Do you have a story to share about watches or watchmaking? Contact this reporter at kvlamis@businessinsider.com. #i039m #psychologist #who #started #repairing
    WWW.BUSINESSINSIDER.COM
    I'm a psychologist who started repairing vintage Rolex watches as a side hustle. Now watchmaking is my main gig.
    Greg Petronzi is a psychologist and a watchmaker. True Patina 2025-05-31T09:50:02Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Greg Petronzi was a psychologist and professor when he got into watchmaking on the side. Now he repairs vintage Rolex watches and works on pieces worth six figures. Petronzi said his watchmaking out-earns his work in psychology. This as-told-to essay is based on a conversation with Greg Petronzi of True Patina, a watchmaker specializing in vintage Rolex repairs. He is also a licensed psychologist and professor at New York University. This interview has been edited for length and clarity.I've always had a fascination with watches, starting at a young age. Around middle school, I had a Swatch with a see-through plastic case and an automatic movement. You could see all of the parts of the watch as it was working, and I always found that so interesting.In college, I pursued psychology. That was my practical career path. I got a master's and a Ph.D. Overall, it was a 12-year path to becoming a licensed psychologist. But I never lost my interest in watches.After I finished school, I got into watchmaking, which ended up becoming my main gig. Psychology became my part-time gig, which I never anticipated happening, but it's super exciting. I love both disciplines.I got into watchmaking with an informal apprenticeshipWatchmaking was never really on my radar. As a grad student, I started getting involved in the world of watches and meeting other watch enthusiasts through forums and meetups.I made friends with a watchmaker out of Florida named Rik Dietel, who has 35-plus years of experience in watchmaking and specifically with vintage Rolex, which is the niche that I was very passionate about. I started asking him how to fix this or change that on my own watches. Little by little, Rik started teaching me, and it turned into an informal, remote apprenticeship.Over the next several years, while I was working as a psychologist and professor, my skillset started to really develop, and it started to become apparent to me that this might be more than just a hobby. I was working on my own stuff, then friends' watches, then friends of friends' watches. Then I started getting requests from people I didn't know. That's when I said, "I'd better take this a bit more seriously." Greg Petronzi in his workshop. True Patina During the pandemic, my psychology work went remote, and I was able to put more time and energy into watchmaking. I also had an income, which helped me afford the tools. I just recently spent about $15,000 on one tool to do a very nuanced repair.I built up my watchmaking workshop and started to develop a niche in cosmetic repair — dials and hands. Because I started as a watch collector, I understand the importance of preserving the originality of a watch. While a lot of more modern watchmakers have the disposition of "repair and replace," I have the disposition of "restore and retain."I started to showcase my work on Instagram and build trust in the community. I ended up working with some really important watch collectors and dealers, like Eric Wind of Wind Vintage, and auction houses like Phillips.There was a moment when I realized I'd made a name for myself in the watch world: Someone sent me an eBay listing that said, "Watch just serviced by True Patina." I had no idea who the seller was, but I thought, "Wow, my company name is actually carrying so much weight that people are using this as a flex toward selling their watch." That felt really good. Watchmaking can be challenging to get into, but it's really rewardingWatchmaking has more often than not outperformed what the Ph.D and psychology have allowed me to earn, which I'm astounded by and grateful for.If someone's interested in learning watchmaking, I'd say it's possible, but there are some challenges. The tools are expensive, and the formal education options are limited. Most people either find an apprenticeship or start by working for an established brand while slowly building up their own workshop.My pricing varies a lot based on how much restoration is needed. Repairs typically range between $1,000 and $2,000, but some go up to $6,000 or more, especially if a rare part needs to be sourced.I service watches that range in price from a few thousand dollars upward to six-figure watches. It's not uncommon for me to work on a watch that costs $200,000 and occasionally even up to $500,000. Most commonly, they are a few thousand up to $20,000. But what's most meaningful to me is working on sentimental pieces — watches that have been in families for generations.Becoming a watchmaker never crossed my mind as a kid or even as a college student. But all of a sudden, it organically became reality for me, and it's a very, very meaningful and enjoyable existence.Watchmaking is a very rewarding field. It can be very stressful, especially when the repair might not be cooperating the way you want it to, but when things do fall in line, it can be a very mindful activity. You get into this flow where time just sort of ceases. It's kind of ironic.Do you have a story to share about watches or watchmaking? Contact this reporter at kvlamis@businessinsider.com.
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  • Business Insider поделился ссылкой
    2025-05-31 09:38:55 -
    I bought my 'forever home' with 3 other people. Here's how we manage our finances.

    Oscar Wong/Getty Images

    2025-05-31T09:30:02Z

    d

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    Austin Mark and his husband decided to buy a house with another couple in 2024.
    Buying a house together allowed all four people to get more bang for their bucks.
    Here's how they split their mortgage payment and manage their finances.

    This as-told-to essay is based on a conversation with Austin Mark, 39, who bought a house in July 2024 with three other people — his husband and another couple, Nate and Stephanie. Business Insider has verified Mark's home ownership. His words have been edited for length and clarity.My husband Bryan and I moved from Chicago to the West Coast 14 years ago. We decided to move back to Chicago last year, and our friends Nate Hanak and Stephanie Strother asked if we wanted to purchase property together.They're the only people on the planet who we could imagine doing it with. We have a very balanced relationship with them.We hear a lot of people tell us they've always wanted to buy a big house with their friends, and we've also heard a lot of people say we're absolutely crazy.

    Mark, to the left, and his husband.

    Austin Mark

    When we decided to proceed, we started having Zoom calls frequently to ensure everybody was on the same page.Conversation one was, "Let's talk about finances." We wanted to have all of our personal finances on the table so that we knew what everyone was comfortable with. It was helpful to have a really open and honest conversation about where everybody was at.

    Mark and his husband purchased the home with their friends Nate and Stephanie.

    Austin Mark

    We put 40% downIn July 2024 we found a multi-unit building that we all liked.
    The house was around Each couple split the down payment 50/50, and we decided to put down 40% of the total home value.We wanted to put down more to lower our monthly payments since mortgage rates were so high. The 40% down brought us to a place where neither couple would see a significant increase in their monthly housing costs before and after buying the house.

    Mark and his co-owners settled on this multi-unit house and put down 40% for a down payment.

    Austin Mark

    For our monthly payments now, instead of each couple paying half of the mortgage every month, we actually switch off. One couple pays the whole mortgage for the whole building every other month. It all breaks down to being the same, but it definitely simplifies things.Not everything is bundled together, though. We decided to separate our taxes and insurance.With what we are each paying, we never could have found something similar separately, even if each couple had something half the size of this house.We have an operating agreementIf you buy a house with other people, it's important to treat it as a business as much as it is a living situation. We had gone through the process with a lawyer of talking about creating an LLC and then ultimately decided that it wasn't necessary because we don't intend to rent any parts of our house. Our operating agreement lays out the terms of how finances are split.The wording of our operating agreement includes all of the legal stuff that you would find in any agreement among business partners purchasing property. We have HOA meetings just like we would if we didn't know each other before doing this. We take care of things by voting.Anything to do with our individual units, like a personal aesthetic choice, is with each couple's own money. We split anything that has to do with common areas or the yard.It's a very old building, so we did run into a plumbing emergency not long after purchasing the building. We split the cost of the sewer line clean out. The property has very large trees on it, so we also paid an arborist to come and clear up the trees and split that evenly.Each couple has two floorsThe building at present has four kitchens, four full baths, two half baths, and six bedrooms.Each couple has a primary unit with an identical footprint, and then we have a secondary unit that's pretty different. Stephanie and Nate have an attic unit, and my husband and I have the basement unit.

    Mark and his husband's unit has a dark wood trim.

    Austin Mark

    The two primary units have the same footprint, but they look completely different. Mine has all dark wood trim and a very old Chicago prairie style, while theirs is much lighter and a bit more modern. Their attic unit has a really cool skylight, and they like how bright and open it is, while I like playing video games in the basement.

    Nate and Stephanie opted for a brighter aesthetic in their unit.

    Austin Mark

    The fact that we're not sharing kitchens and bathrooms makes it really easy to feel like we're living our own lives and not in each other's space.We refer to it as the "forever home," which might have been a joke at first, but since we've gotten in here, it does feel like it's a very long-term living solution. We have a ton of space.If anybody ends up having kids, there's room to grow within the building already. Because the apartments are separate, it doesn't feel at all like we're roommates.
    #bought #039forever #home039 #with #other
    I bought my 'forever home' with 3 other people. Here's how we manage our finances.
    Oscar Wong/Getty Images 2025-05-31T09:30:02Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Austin Mark and his husband decided to buy a house with another couple in 2024. Buying a house together allowed all four people to get more bang for their bucks. Here's how they split their mortgage payment and manage their finances. This as-told-to essay is based on a conversation with Austin Mark, 39, who bought a house in July 2024 with three other people — his husband and another couple, Nate and Stephanie. Business Insider has verified Mark's home ownership. His words have been edited for length and clarity.My husband Bryan and I moved from Chicago to the West Coast 14 years ago. We decided to move back to Chicago last year, and our friends Nate Hanak and Stephanie Strother asked if we wanted to purchase property together.They're the only people on the planet who we could imagine doing it with. We have a very balanced relationship with them.We hear a lot of people tell us they've always wanted to buy a big house with their friends, and we've also heard a lot of people say we're absolutely crazy. Mark, to the left, and his husband. Austin Mark When we decided to proceed, we started having Zoom calls frequently to ensure everybody was on the same page.Conversation one was, "Let's talk about finances." We wanted to have all of our personal finances on the table so that we knew what everyone was comfortable with. It was helpful to have a really open and honest conversation about where everybody was at. Mark and his husband purchased the home with their friends Nate and Stephanie. Austin Mark We put 40% downIn July 2024 we found a multi-unit building that we all liked. The house was around Each couple split the down payment 50/50, and we decided to put down 40% of the total home value.We wanted to put down more to lower our monthly payments since mortgage rates were so high. The 40% down brought us to a place where neither couple would see a significant increase in their monthly housing costs before and after buying the house. Mark and his co-owners settled on this multi-unit house and put down 40% for a down payment. Austin Mark For our monthly payments now, instead of each couple paying half of the mortgage every month, we actually switch off. One couple pays the whole mortgage for the whole building every other month. It all breaks down to being the same, but it definitely simplifies things.Not everything is bundled together, though. We decided to separate our taxes and insurance.With what we are each paying, we never could have found something similar separately, even if each couple had something half the size of this house.We have an operating agreementIf you buy a house with other people, it's important to treat it as a business as much as it is a living situation. We had gone through the process with a lawyer of talking about creating an LLC and then ultimately decided that it wasn't necessary because we don't intend to rent any parts of our house. Our operating agreement lays out the terms of how finances are split.The wording of our operating agreement includes all of the legal stuff that you would find in any agreement among business partners purchasing property. We have HOA meetings just like we would if we didn't know each other before doing this. We take care of things by voting.Anything to do with our individual units, like a personal aesthetic choice, is with each couple's own money. We split anything that has to do with common areas or the yard.It's a very old building, so we did run into a plumbing emergency not long after purchasing the building. We split the cost of the sewer line clean out. The property has very large trees on it, so we also paid an arborist to come and clear up the trees and split that evenly.Each couple has two floorsThe building at present has four kitchens, four full baths, two half baths, and six bedrooms.Each couple has a primary unit with an identical footprint, and then we have a secondary unit that's pretty different. Stephanie and Nate have an attic unit, and my husband and I have the basement unit. Mark and his husband's unit has a dark wood trim. Austin Mark The two primary units have the same footprint, but they look completely different. Mine has all dark wood trim and a very old Chicago prairie style, while theirs is much lighter and a bit more modern. Their attic unit has a really cool skylight, and they like how bright and open it is, while I like playing video games in the basement. Nate and Stephanie opted for a brighter aesthetic in their unit. Austin Mark The fact that we're not sharing kitchens and bathrooms makes it really easy to feel like we're living our own lives and not in each other's space.We refer to it as the "forever home," which might have been a joke at first, but since we've gotten in here, it does feel like it's a very long-term living solution. We have a ton of space.If anybody ends up having kids, there's room to grow within the building already. Because the apartments are separate, it doesn't feel at all like we're roommates. #bought #039forever #home039 #with #other
    WWW.BUSINESSINSIDER.COM
    I bought my 'forever home' with 3 other people. Here's how we manage our finances.
    Oscar Wong/Getty Images 2025-05-31T09:30:02Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Austin Mark and his husband decided to buy a house with another couple in 2024. Buying a house together allowed all four people to get more bang for their bucks. Here's how they split their mortgage payment and manage their finances. This as-told-to essay is based on a conversation with Austin Mark, 39, who bought a house in July 2024 with three other people — his husband and another couple, Nate and Stephanie. Business Insider has verified Mark's home ownership. His words have been edited for length and clarity.My husband Bryan and I moved from Chicago to the West Coast 14 years ago. We decided to move back to Chicago last year, and our friends Nate Hanak and Stephanie Strother asked if we wanted to purchase property together.They're the only people on the planet who we could imagine doing it with. We have a very balanced relationship with them.We hear a lot of people tell us they've always wanted to buy a big house with their friends, and we've also heard a lot of people say we're absolutely crazy. Mark, to the left, and his husband. Austin Mark When we decided to proceed, we started having Zoom calls frequently to ensure everybody was on the same page.Conversation one was, "Let's talk about finances." We wanted to have all of our personal finances on the table so that we knew what everyone was comfortable with. It was helpful to have a really open and honest conversation about where everybody was at. Mark and his husband purchased the home with their friends Nate and Stephanie. Austin Mark We put 40% downIn July 2024 we found a multi-unit building that we all liked. The house was around $800,000. Each couple split the down payment 50/50, and we decided to put down 40% of the total home value.We wanted to put down more to lower our monthly payments since mortgage rates were so high. The 40% down brought us to a place where neither couple would see a significant increase in their monthly housing costs before and after buying the house. Mark and his co-owners settled on this multi-unit house and put down 40% for a down payment. Austin Mark For our monthly payments now, instead of each couple paying half of the mortgage every month, we actually switch off. One couple pays the whole mortgage for the whole building every other month. It all breaks down to being the same, but it definitely simplifies things.Not everything is bundled together, though. We decided to separate our taxes and insurance.With what we are each paying, we never could have found something similar separately, even if each couple had something half the size of this house.We have an operating agreementIf you buy a house with other people, it's important to treat it as a business as much as it is a living situation. We had gone through the process with a lawyer of talking about creating an LLC and then ultimately decided that it wasn't necessary because we don't intend to rent any parts of our house. Our operating agreement lays out the terms of how finances are split.The wording of our operating agreement includes all of the legal stuff that you would find in any agreement among business partners purchasing property. We have HOA meetings just like we would if we didn't know each other before doing this. We take care of things by voting.Anything to do with our individual units, like a personal aesthetic choice, is with each couple's own money. We split anything that has to do with common areas or the yard.It's a very old building, so we did run into a plumbing emergency not long after purchasing the building. We split the cost of the sewer line clean out. The property has very large trees on it, so we also paid an arborist to come and clear up the trees and split that evenly.Each couple has two floorsThe building at present has four kitchens, four full baths, two half baths, and six bedrooms.Each couple has a primary unit with an identical footprint, and then we have a secondary unit that's pretty different. Stephanie and Nate have an attic unit, and my husband and I have the basement unit. Mark and his husband's unit has a dark wood trim. Austin Mark The two primary units have the same footprint, but they look completely different. Mine has all dark wood trim and a very old Chicago prairie style, while theirs is much lighter and a bit more modern. Their attic unit has a really cool skylight, and they like how bright and open it is, while I like playing video games in the basement. Nate and Stephanie opted for a brighter aesthetic in their unit. Austin Mark The fact that we're not sharing kitchens and bathrooms makes it really easy to feel like we're living our own lives and not in each other's space.We refer to it as the "forever home," which might have been a joke at first, but since we've gotten in here, it does feel like it's a very long-term living solution. We have a ton of space.If anybody ends up having kids, there's room to grow within the building already. Because the apartments are separate, it doesn't feel at all like we're roommates.
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  • Business Insider поделился ссылкой
    2025-05-30 14:25:28 -
    I spent 8 years living in big cities on the East Coast before realizing my ideal home was the smaller one where I grew up

    I spent years living in major East Coast cities, and now I'm back in my hometown of Rochester, New York.

    Emma Guillen

    2025-05-30T13:49:39Z

    d

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    and start reading now.
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    After living in Miami, Boston, and NYC, my husband and I chose to buy a home in Rochester, New York.
    For a midsize city, we think the access to nature and fabulous food is unparalleled.
    We also love the variety of art and culture available through museums and festivals.

    Within 24 hours of graduating from college, I hit the road and drove 1,500 miles away from my hometown to begin my first full-time job. I was officially in the "real world."For the next eight years, I moved from apartment to apartment and city to city, spending my 20s exploring Miami's vibrant art scene, Boston's rich history, and New York City's — well, everything.Still, when it came time to sign another yearlong lease on the Upper East Side of Manhattan, my husband and I reconsidered.With dreams to start a family and possibly a business someday, we decided to move back to my hometown of Rochester, New York, in June 2024.Upstate New York has so much to offer

    I love the festivals, restaurants, museums, and nature in Rochester.

    Emma Guillen

    For a midsize city, I think Rochester has earned some major bragging rights. It's the birthplace of Wegmans, has more than 140 annual festivals, and is home to the largest variety of lilacs on earth.The area's greatness is catching on, too. This year, Redfin named Fairport, a suburb of Rochester, one of the hottest neighborhoods in the country.The food and beverage scene is incredible

    We enjoy the burgers, fries, and drinks at Good Luck.

    Emma Guillen

    I may have been spoiled by New York City's global cuisine, but it's safe to say that Rochester has impressed me, too.If I'm in the mood to go out, I like to make reservations at the upscale steakhouse Patron Saint, the buzzy farm-to-table space Good Luck, or the seven-time Michelin-starred restaurant Redd.Or if the day calls for casual eats, you'll find my husband and me at the beloved hot dog joint Dogtown, the family-owned Mexican eatery Peach Blossom, or a local favorite, Pizza Wizard, for a Detroit-style slice.Award-winning wineries, breweries, and distilleries are also rising in popularity everywhere from Rochester's downtown to suburbs such as Fairport.The beautiful nature is next-level

    My husband and I visited Seneca Lake, one of the 11 Finger Lakes.

    Emma Guillen

    We traded taxis and turnstiles for scenic trails, and we couldn't be happier. With more than 12,000 acres of parkland, this part of New York has plenty of wide open spaces to explore, all a relatively short drive from Rochester's city limits.Our favorite place to hike is Highland Park, which was designed by the same landscape architect who created Central Park.Though we enjoyed our days biking alongside the Hudson River and relaxing on the esplanade in Boston's Back Bay, our proximity to the Finger Lakes is yet another reason we chose to grow roots in Rochester. We love spending weekends in the summer visiting the numerous vineyards in New York's wine country.Living in Rochester also means we can plan a mountain escape to the Adirondacks, a day trip to Niagara Falls, or a last-minute attempt to see the northern lights over Lake Ontario.
    There's always a museum to visit or an event to attend

    I loved visiting George Eastman House.

    Emma Guillen

    We may not be catching Broadway shows on Tuesday nights anymore, but the variety of art and culture here in Rochester is off the charts.I recommend visiting the Strong National Museum of Play, George Eastman House, and the world-class performances at the Rochester International Jazz Festival.My favorite event of the year is Fairport Canal Days, a weekend-long celebration featuring local artisans, trendy food trucks, and a whimsical rubber duck charity race held on the Erie Canal.I'm so glad I found my way back to my hometownIt's officially been a year since I reclaimed my 585 area code, and I haven't regretted it for a second. Although I gave up the hustle and bustle of New York City, the access to nature and family friendly activities have made this move more than worthwhile. Rochester is no longer just my hometown — it's now my forever home.
    #spent #years #living #big #cities
    I spent 8 years living in big cities on the East Coast before realizing my ideal home was the smaller one where I grew up
    I spent years living in major East Coast cities, and now I'm back in my hometown of Rochester, New York. Emma Guillen 2025-05-30T13:49:39Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? After living in Miami, Boston, and NYC, my husband and I chose to buy a home in Rochester, New York. For a midsize city, we think the access to nature and fabulous food is unparalleled. We also love the variety of art and culture available through museums and festivals. Within 24 hours of graduating from college, I hit the road and drove 1,500 miles away from my hometown to begin my first full-time job. I was officially in the "real world."For the next eight years, I moved from apartment to apartment and city to city, spending my 20s exploring Miami's vibrant art scene, Boston's rich history, and New York City's — well, everything.Still, when it came time to sign another yearlong lease on the Upper East Side of Manhattan, my husband and I reconsidered.With dreams to start a family and possibly a business someday, we decided to move back to my hometown of Rochester, New York, in June 2024.Upstate New York has so much to offer I love the festivals, restaurants, museums, and nature in Rochester. Emma Guillen For a midsize city, I think Rochester has earned some major bragging rights. It's the birthplace of Wegmans, has more than 140 annual festivals, and is home to the largest variety of lilacs on earth.The area's greatness is catching on, too. This year, Redfin named Fairport, a suburb of Rochester, one of the hottest neighborhoods in the country.The food and beverage scene is incredible We enjoy the burgers, fries, and drinks at Good Luck. Emma Guillen I may have been spoiled by New York City's global cuisine, but it's safe to say that Rochester has impressed me, too.If I'm in the mood to go out, I like to make reservations at the upscale steakhouse Patron Saint, the buzzy farm-to-table space Good Luck, or the seven-time Michelin-starred restaurant Redd.Or if the day calls for casual eats, you'll find my husband and me at the beloved hot dog joint Dogtown, the family-owned Mexican eatery Peach Blossom, or a local favorite, Pizza Wizard, for a Detroit-style slice.Award-winning wineries, breweries, and distilleries are also rising in popularity everywhere from Rochester's downtown to suburbs such as Fairport.The beautiful nature is next-level My husband and I visited Seneca Lake, one of the 11 Finger Lakes. Emma Guillen We traded taxis and turnstiles for scenic trails, and we couldn't be happier. With more than 12,000 acres of parkland, this part of New York has plenty of wide open spaces to explore, all a relatively short drive from Rochester's city limits.Our favorite place to hike is Highland Park, which was designed by the same landscape architect who created Central Park.Though we enjoyed our days biking alongside the Hudson River and relaxing on the esplanade in Boston's Back Bay, our proximity to the Finger Lakes is yet another reason we chose to grow roots in Rochester. We love spending weekends in the summer visiting the numerous vineyards in New York's wine country.Living in Rochester also means we can plan a mountain escape to the Adirondacks, a day trip to Niagara Falls, or a last-minute attempt to see the northern lights over Lake Ontario. There's always a museum to visit or an event to attend I loved visiting George Eastman House. Emma Guillen We may not be catching Broadway shows on Tuesday nights anymore, but the variety of art and culture here in Rochester is off the charts.I recommend visiting the Strong National Museum of Play, George Eastman House, and the world-class performances at the Rochester International Jazz Festival.My favorite event of the year is Fairport Canal Days, a weekend-long celebration featuring local artisans, trendy food trucks, and a whimsical rubber duck charity race held on the Erie Canal.I'm so glad I found my way back to my hometownIt's officially been a year since I reclaimed my 585 area code, and I haven't regretted it for a second. Although I gave up the hustle and bustle of New York City, the access to nature and family friendly activities have made this move more than worthwhile. Rochester is no longer just my hometown — it's now my forever home. #spent #years #living #big #cities
    WWW.BUSINESSINSIDER.COM
    I spent 8 years living in big cities on the East Coast before realizing my ideal home was the smaller one where I grew up
    I spent years living in major East Coast cities, and now I'm back in my hometown of Rochester, New York. Emma Guillen 2025-05-30T13:49:39Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? After living in Miami, Boston, and NYC, my husband and I chose to buy a home in Rochester, New York. For a midsize city, we think the access to nature and fabulous food is unparalleled. We also love the variety of art and culture available through museums and festivals. Within 24 hours of graduating from college, I hit the road and drove 1,500 miles away from my hometown to begin my first full-time job. I was officially in the "real world."For the next eight years, I moved from apartment to apartment and city to city, spending my 20s exploring Miami's vibrant art scene, Boston's rich history, and New York City's — well, everything.Still, when it came time to sign another yearlong lease on the Upper East Side of Manhattan, my husband and I reconsidered.With dreams to start a family and possibly a business someday, we decided to move back to my hometown of Rochester, New York, in June 2024.Upstate New York has so much to offer I love the festivals, restaurants, museums, and nature in Rochester. Emma Guillen For a midsize city, I think Rochester has earned some major bragging rights. It's the birthplace of Wegmans, has more than 140 annual festivals, and is home to the largest variety of lilacs on earth (a fun fact that requires its own festival, of course).The area's greatness is catching on, too. This year, Redfin named Fairport, a suburb of Rochester, one of the hottest neighborhoods in the country.The food and beverage scene is incredible We enjoy the burgers, fries, and drinks at Good Luck. Emma Guillen I may have been spoiled by New York City's global cuisine, but it's safe to say that Rochester has impressed me, too.If I'm in the mood to go out, I like to make reservations at the upscale steakhouse Patron Saint, the buzzy farm-to-table space Good Luck, or the seven-time Michelin-starred restaurant Redd.Or if the day calls for casual eats, you'll find my husband and me at the beloved hot dog joint Dogtown, the family-owned Mexican eatery Peach Blossom, or a local favorite, Pizza Wizard, for a Detroit-style slice.Award-winning wineries, breweries, and distilleries are also rising in popularity everywhere from Rochester's downtown to suburbs such as Fairport.The beautiful nature is next-level My husband and I visited Seneca Lake, one of the 11 Finger Lakes. Emma Guillen We traded taxis and turnstiles for scenic trails, and we couldn't be happier. With more than 12,000 acres of parkland, this part of New York has plenty of wide open spaces to explore, all a relatively short drive from Rochester's city limits.Our favorite place to hike is Highland Park, which was designed by the same landscape architect who created Central Park.Though we enjoyed our days biking alongside the Hudson River and relaxing on the esplanade in Boston's Back Bay, our proximity to the Finger Lakes is yet another reason we chose to grow roots in Rochester. We love spending weekends in the summer visiting the numerous vineyards in New York's wine country.Living in Rochester also means we can plan a mountain escape to the Adirondacks, a day trip to Niagara Falls, or a last-minute attempt to see the northern lights over Lake Ontario. There's always a museum to visit or an event to attend I loved visiting George Eastman House. Emma Guillen We may not be catching Broadway shows on Tuesday nights anymore, but the variety of art and culture here in Rochester is off the charts.I recommend visiting the Strong National Museum of Play, George Eastman House, and the world-class performances at the Rochester International Jazz Festival.My favorite event of the year is Fairport Canal Days, a weekend-long celebration featuring local artisans, trendy food trucks, and a whimsical rubber duck charity race held on the Erie Canal.I'm so glad I found my way back to my hometownIt's officially been a year since I reclaimed my 585 area code, and I haven't regretted it for a second. Although I gave up the hustle and bustle of New York City, the access to nature and family friendly activities have made this move more than worthwhile. Rochester is no longer just my hometown — it's now my forever home.
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  • Business Insider поделился ссылкой
    2025-05-30 14:09:24 -
    4 mistakes to stop making on a plane, according to an etiquette coach

    From holding up the bathroom line with your skincare routine to playing music without headphones, there are numerous etiquette mistakes people make when flying on airplanes.That's why Business Insider asked etiquette coach Mariah Grumet about the things passengers should avoid doing while on a flight.Here's what she had to say.

    Reclining your seat without regard for others

    Reclining your seat is OK, but be courteous to the person sitting behind you.

    Cherdchanok Treevanchai/Getty Images

    When — or whether — to recline your seat on a flight is a hot topic when it comes to plane etiquette.Grumet told BI that even though some may find it rude, she thinks passengers should be able to recline since they paid for their seats.However, she said passengers should still be mindful of the person sitting behind them when deciding when to recline.For example, Grumet advises against reclining if the person behind you has things on their tray.

    Stinking up the plane with food or grooming products

    Avoid bringing smelly food and toiletries on the plane.

    Stephen Schauer/Getty Images

    Grumet said it's really important to be mindful of anything with a strong scent.For example, if a passenger brings a tuna sandwich onto the plane, the smell can be disturbing to those around them.Grooming can come with extra smells, too. Items like nail polish or perfume could be distracting or irritating to fellow passengers, so Grumet advised leaving those at home.

    Being rude to parents

    Giving parents dirty looks can just add fuel to the fire.

    d3sign/Getty Images

    Young children may act out if they're hungry or exhausted from a long day. Even if the crying is annoying and disruptive, Grumet said it's important to be respectful to the parent."It's likely that the parent is already super embarrassed as is, and you don't want to add fuel to the fire by whispering or giving dirty looks," she said.This also applies to children who are a bit older. Grumet added that even if they're running down the aisle or doing something you think can be controlled, it's still important to be kind.

    Rushing to the front at the end of the flight

    Unless you have a connecting flight, always let those in front of you exit first.

    AlxeyPnferov/Getty Images

    "The most polite way to deboard a plane is to let the people in the front go first," Grumet told BI.However, she pointed out that many passengers try to rush to the front as quickly as possible.Even if you had a difficult flight, Grumet said you should allow those ahead of you to go first. The exception to this is if you're running to make a connecting flight.In that case, she advised notifying an airline staff member to help you get off the plane as quickly as possible.This story was originally published on August 22, 2024 and most recently updated on May 30, 2025.
    #mistakes #stop #making #plane #according
    4 mistakes to stop making on a plane, according to an etiquette coach
    From holding up the bathroom line with your skincare routine to playing music without headphones, there are numerous etiquette mistakes people make when flying on airplanes.That's why Business Insider asked etiquette coach Mariah Grumet about the things passengers should avoid doing while on a flight.Here's what she had to say. Reclining your seat without regard for others Reclining your seat is OK, but be courteous to the person sitting behind you. Cherdchanok Treevanchai/Getty Images When — or whether — to recline your seat on a flight is a hot topic when it comes to plane etiquette.Grumet told BI that even though some may find it rude, she thinks passengers should be able to recline since they paid for their seats.However, she said passengers should still be mindful of the person sitting behind them when deciding when to recline.For example, Grumet advises against reclining if the person behind you has things on their tray. Stinking up the plane with food or grooming products Avoid bringing smelly food and toiletries on the plane. Stephen Schauer/Getty Images Grumet said it's really important to be mindful of anything with a strong scent.For example, if a passenger brings a tuna sandwich onto the plane, the smell can be disturbing to those around them.Grooming can come with extra smells, too. Items like nail polish or perfume could be distracting or irritating to fellow passengers, so Grumet advised leaving those at home. Being rude to parents Giving parents dirty looks can just add fuel to the fire. d3sign/Getty Images Young children may act out if they're hungry or exhausted from a long day. Even if the crying is annoying and disruptive, Grumet said it's important to be respectful to the parent."It's likely that the parent is already super embarrassed as is, and you don't want to add fuel to the fire by whispering or giving dirty looks," she said.This also applies to children who are a bit older. Grumet added that even if they're running down the aisle or doing something you think can be controlled, it's still important to be kind. Rushing to the front at the end of the flight Unless you have a connecting flight, always let those in front of you exit first. AlxeyPnferov/Getty Images "The most polite way to deboard a plane is to let the people in the front go first," Grumet told BI.However, she pointed out that many passengers try to rush to the front as quickly as possible.Even if you had a difficult flight, Grumet said you should allow those ahead of you to go first. The exception to this is if you're running to make a connecting flight.In that case, she advised notifying an airline staff member to help you get off the plane as quickly as possible.This story was originally published on August 22, 2024 and most recently updated on May 30, 2025. #mistakes #stop #making #plane #according
    WWW.BUSINESSINSIDER.COM
    4 mistakes to stop making on a plane, according to an etiquette coach
    From holding up the bathroom line with your skincare routine to playing music without headphones, there are numerous etiquette mistakes people make when flying on airplanes.That's why Business Insider asked etiquette coach Mariah Grumet about the things passengers should avoid doing while on a flight.Here's what she had to say. Reclining your seat without regard for others Reclining your seat is OK, but be courteous to the person sitting behind you. Cherdchanok Treevanchai/Getty Images When — or whether — to recline your seat on a flight is a hot topic when it comes to plane etiquette.Grumet told BI that even though some may find it rude, she thinks passengers should be able to recline since they paid for their seats.However, she said passengers should still be mindful of the person sitting behind them when deciding when to recline.For example, Grumet advises against reclining if the person behind you has things on their tray. Stinking up the plane with food or grooming products Avoid bringing smelly food and toiletries on the plane. Stephen Schauer/Getty Images Grumet said it's really important to be mindful of anything with a strong scent.For example, if a passenger brings a tuna sandwich onto the plane, the smell can be disturbing to those around them.Grooming can come with extra smells, too. Items like nail polish or perfume could be distracting or irritating to fellow passengers, so Grumet advised leaving those at home. Being rude to parents Giving parents dirty looks can just add fuel to the fire. d3sign/Getty Images Young children may act out if they're hungry or exhausted from a long day. Even if the crying is annoying and disruptive, Grumet said it's important to be respectful to the parent."It's likely that the parent is already super embarrassed as is, and you don't want to add fuel to the fire by whispering or giving dirty looks," she said.This also applies to children who are a bit older. Grumet added that even if they're running down the aisle or doing something you think can be controlled, it's still important to be kind. Rushing to the front at the end of the flight Unless you have a connecting flight, always let those in front of you exit first. AlxeyPnferov/Getty Images "The most polite way to deboard a plane is to let the people in the front go first," Grumet told BI.However, she pointed out that many passengers try to rush to the front as quickly as possible.Even if you had a difficult flight, Grumet said you should allow those ahead of you to go first. The exception to this is if you're running to make a connecting flight.In that case, she advised notifying an airline staff member to help you get off the plane as quickly as possible.This story was originally published on August 22, 2024 and most recently updated on May 30, 2025.
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  • Business Insider поделился ссылкой
    2025-05-29 15:48:33 -
    I've been a bartender for over 10 years. Here are 11 things I wish customers would stop doing.

    I've worked as a bartender for over a decade.

    David Fuentes Prieto/Getty Images

    Updated

    2025-05-29T15:32:17Z

    d

    Read in app

    This story is available exclusively to Business Insider
    subscribers. Become an Insider
    and start reading now.
    Have an account?

    I've been a bartender for over a decade, but I still get frustrated by certain customer behaviors. 
    Yelling my name and waving money in my face when I'm clearly busy won't get my attention.
    It's usually best not to alter specialty drinks.

    I've been bartending for over a decade, and I can tell you it isn't easy. The job can be physically and mentally demanding while requiring long, late hours — plus, we have to be pretty charming while doing it. Sometimes customers can make our job better, but at the very least, we'd prefer if they don't make it worse. Next time you're out having a pint or a margarita with your pals, don't make these mistakes. Being obnoxious while trying to get a bartender's attentionThe most common customer offense, by far, is waving cash at the bartender, yelling their name, or otherwise trying to get their attention while they're doing something else.Most of the time, simply being at the bar without a fresh drink is enough to let the bartender know you want one.If you really think the bartender doesn't know you're waiting to order, some eye contact and a nod will suffice.Stepping up to a busy counter when you don't know what you want 

    Know your order before you steup up to the counter.

    Business Insider/Will Martin

    If the bar is busy and you have to wait to order a drink, take that time to figure out what you're going to get.Don't lose your spot in line with the bartender by saying "I don't know" or turning around to ask your friends what they want. They don't have time for that.Assuming a bartender's gender or sexualityAssuming the bartender's gender or sexuality is a great way to get ignored for the rest of the night.Also, if they want to flirt with you, you'll know. Otherwise, let's keep it professional. Trying to order a drink without an IDNobody cares about the story behind why you don't have your ID.A bartender usually isn't willing to risk their job or get into legal trouble just to help you out.Altering special cocktails on the menu

    The bartender usually knows best when it comes to mixed drinks.

    Maksym Fesenko/Shutterstock

    If you want to make your own cocktail recipes, do it at home.Nine times out of 10, the altered cocktail tastes like garbage and gets sent back. Just order a drink that sounds good to you as listed. Asking the bartender to play your musicIf there isn't a jukebox, the bar is not interested in hearing your playlists.
    Don't ask the bartender to change the music, play a song, or adjust the volume. They're not a DJ.Telling the bartender your first name for your tabWhen asked what the name on your tab is, give the bartender your last name.We know you think you're the only Brandon in here, but you're probably not. Relying on the bartender to remember your drink orderThey might remember it, or you might be getting them confused with the other bartender.Either way, it's better if you know your own order. Taking up more space than you need

    Being rowdy and taking up a lot of space in a bar can be rude.

    Nomad_Soul/Shutterstock

    Be mindful of other people's space at the bar.Don't lean over and take up multiple seats or leave your trash on the patio. And for heaven's sake, don't leave a trail of dirty glasses behind you while you're mingling — just bring your empty cup with you when you come up for your next drink.The less time the bartender has to spend cleaning up after you, the more time they can spend making everyone's drinks. Wasting time by asking what we haveDo you really want me to start listing everything we have? It's a bar. Read a menu or be more specific. Asking "What pilsners do you have?" or "What gins do you have?" is perfectly fine. That helps us to narrow it down a bit if we're going to have to help you figure out what you feel like drinking.Leaving only a verbal tipBartenders love compliments, but those don't pay the bills.Remember, we're working for money. If you really think they make the best margarita in town, show them with a big tip.This story was originally published on January 7, 2023, and most recently updated on May 29, 2025.
    #i039ve #been #bartender #over #years
    I've been a bartender for over 10 years. Here are 11 things I wish customers would stop doing.
    I've worked as a bartender for over a decade. David Fuentes Prieto/Getty Images Updated 2025-05-29T15:32:17Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? I've been a bartender for over a decade, but I still get frustrated by certain customer behaviors.  Yelling my name and waving money in my face when I'm clearly busy won't get my attention. It's usually best not to alter specialty drinks. I've been bartending for over a decade, and I can tell you it isn't easy. The job can be physically and mentally demanding while requiring long, late hours — plus, we have to be pretty charming while doing it. Sometimes customers can make our job better, but at the very least, we'd prefer if they don't make it worse. Next time you're out having a pint or a margarita with your pals, don't make these mistakes. Being obnoxious while trying to get a bartender's attentionThe most common customer offense, by far, is waving cash at the bartender, yelling their name, or otherwise trying to get their attention while they're doing something else.Most of the time, simply being at the bar without a fresh drink is enough to let the bartender know you want one.If you really think the bartender doesn't know you're waiting to order, some eye contact and a nod will suffice.Stepping up to a busy counter when you don't know what you want  Know your order before you steup up to the counter. Business Insider/Will Martin If the bar is busy and you have to wait to order a drink, take that time to figure out what you're going to get.Don't lose your spot in line with the bartender by saying "I don't know" or turning around to ask your friends what they want. They don't have time for that.Assuming a bartender's gender or sexualityAssuming the bartender's gender or sexuality is a great way to get ignored for the rest of the night.Also, if they want to flirt with you, you'll know. Otherwise, let's keep it professional. Trying to order a drink without an IDNobody cares about the story behind why you don't have your ID.A bartender usually isn't willing to risk their job or get into legal trouble just to help you out.Altering special cocktails on the menu The bartender usually knows best when it comes to mixed drinks. Maksym Fesenko/Shutterstock If you want to make your own cocktail recipes, do it at home.Nine times out of 10, the altered cocktail tastes like garbage and gets sent back. Just order a drink that sounds good to you as listed. Asking the bartender to play your musicIf there isn't a jukebox, the bar is not interested in hearing your playlists. Don't ask the bartender to change the music, play a song, or adjust the volume. They're not a DJ.Telling the bartender your first name for your tabWhen asked what the name on your tab is, give the bartender your last name.We know you think you're the only Brandon in here, but you're probably not. Relying on the bartender to remember your drink orderThey might remember it, or you might be getting them confused with the other bartender.Either way, it's better if you know your own order. Taking up more space than you need Being rowdy and taking up a lot of space in a bar can be rude. Nomad_Soul/Shutterstock Be mindful of other people's space at the bar.Don't lean over and take up multiple seats or leave your trash on the patio. And for heaven's sake, don't leave a trail of dirty glasses behind you while you're mingling — just bring your empty cup with you when you come up for your next drink.The less time the bartender has to spend cleaning up after you, the more time they can spend making everyone's drinks. Wasting time by asking what we haveDo you really want me to start listing everything we have? It's a bar. Read a menu or be more specific. Asking "What pilsners do you have?" or "What gins do you have?" is perfectly fine. That helps us to narrow it down a bit if we're going to have to help you figure out what you feel like drinking.Leaving only a verbal tipBartenders love compliments, but those don't pay the bills.Remember, we're working for money. If you really think they make the best margarita in town, show them with a big tip.This story was originally published on January 7, 2023, and most recently updated on May 29, 2025. #i039ve #been #bartender #over #years
    WWW.BUSINESSINSIDER.COM
    I've been a bartender for over 10 years. Here are 11 things I wish customers would stop doing.
    I've worked as a bartender for over a decade. David Fuentes Prieto/Getty Images Updated 2025-05-29T15:32:17Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? I've been a bartender for over a decade, but I still get frustrated by certain customer behaviors.  Yelling my name and waving money in my face when I'm clearly busy won't get my attention. It's usually best not to alter specialty drinks. I've been bartending for over a decade, and I can tell you it isn't easy. The job can be physically and mentally demanding while requiring long, late hours — plus, we have to be pretty charming while doing it. Sometimes customers can make our job better, but at the very least, we'd prefer if they don't make it worse. Next time you're out having a pint or a margarita with your pals, don't make these mistakes. Being obnoxious while trying to get a bartender's attentionThe most common customer offense, by far, is waving cash at the bartender, yelling their name, or otherwise trying to get their attention while they're doing something else.Most of the time, simply being at the bar without a fresh drink is enough to let the bartender know you want one.If you really think the bartender doesn't know you're waiting to order, some eye contact and a nod will suffice.Stepping up to a busy counter when you don't know what you want  Know your order before you steup up to the counter. Business Insider/Will Martin If the bar is busy and you have to wait to order a drink, take that time to figure out what you're going to get.Don't lose your spot in line with the bartender by saying "I don't know" or turning around to ask your friends what they want. They don't have time for that.Assuming a bartender's gender or sexualityAssuming the bartender's gender or sexuality is a great way to get ignored for the rest of the night.Also, if they want to flirt with you, you'll know. Otherwise, let's keep it professional. Trying to order a drink without an IDNobody cares about the story behind why you don't have your ID.A bartender usually isn't willing to risk their job or get into legal trouble just to help you out.Altering special cocktails on the menu The bartender usually knows best when it comes to mixed drinks. Maksym Fesenko/Shutterstock If you want to make your own cocktail recipes, do it at home.Nine times out of 10, the altered cocktail tastes like garbage and gets sent back. Just order a drink that sounds good to you as listed. Asking the bartender to play your musicIf there isn't a jukebox, the bar is not interested in hearing your playlists. Don't ask the bartender to change the music, play a song, or adjust the volume. They're not a DJ.Telling the bartender your first name for your tabWhen asked what the name on your tab is, give the bartender your last name.We know you think you're the only Brandon in here, but you're probably not. Relying on the bartender to remember your drink orderThey might remember it, or you might be getting them confused with the other bartender.Either way, it's better if you know your own order. Taking up more space than you need Being rowdy and taking up a lot of space in a bar can be rude. Nomad_Soul/Shutterstock Be mindful of other people's space at the bar.Don't lean over and take up multiple seats or leave your trash on the patio. And for heaven's sake, don't leave a trail of dirty glasses behind you while you're mingling — just bring your empty cup with you when you come up for your next drink.The less time the bartender has to spend cleaning up after you, the more time they can spend making everyone's drinks. Wasting time by asking what we haveDo you really want me to start listing everything we have? It's a bar. Read a menu or be more specific. Asking "What pilsners do you have?" or "What gins do you have?" is perfectly fine. That helps us to narrow it down a bit if we're going to have to help you figure out what you feel like drinking.Leaving only a verbal tipBartenders love compliments, but those don't pay the bills.Remember, we're working for money. If you really think they make the best margarita in town, show them with a big tip.This story was originally published on January 7, 2023, and most recently updated on May 29, 2025.
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  • Business Insider поделился ссылкой
    2025-05-27 17:07:58 -
    5 pieces of popular career advice that you should ignore

    Climbing the corporate ladder isn't the only way to succeed in your career.

    Alex Slitz/AP

    2025-05-27T16:56:49Z

    d

    Read in app

    This story is available exclusively to Business Insider
    subscribers. Become an Insider
    and start reading now.
    Have an account?

    Some career advice we've heard over the years doesn't hold up.
    You don't always need to find your passion or ascend the corporate ladder to enjoy your work.
    As some employers are reluctant to hire, it's important to know what advice to follow.

    Your boss might not want to know the real you after all.One of the many bits of career advice that emerged years ago and has somehow stuck around is the idea that we should bring our whole selves to work.That doesn't always work, and it's looking a bit threadbare with age. Now that temperatures are rising, consider office attire:"If you love wearing tight little leather outfits that are strapped on, I don't want to see that," said Margie Warrell, a leadership consultant and author of the book "The Courage Gap.""That's not appropriate," she said.The whole-self idea is just one example of bumper-sticker wisdom that was meant to guide us through our careers but often doesn't hold up.It's especially important now that caution about the prospects for the economy is causing some employers to slow or pause hiring. That hesitation is also making it harder for people who want to change jobs. So, not screwing up at work is all the more important.Here are five bits of trite work advice — and what to consider instead.Follow your passionThe impulse to align your work with what you love makes sense. Yet, feeling like you have to "find your passion" can also set you up to fail."That's probably as vague as it gets," said Jochen Menges, a professor of human resource management and leadership at the University of Zurich. "It's not an actionable goal."He told Business Insider that a better approach would be to set goals around the emotion you want to feel in your work, like pride, even though you won't necessarily experience that every day."If I align my emotional needs more with what I do — with my career prospects — then I'm a lot better off," he said. That, in turn, will accelerate your career, Menges said.Climb the corporate ladderOn a ladder, you can only go up or down.
    The idea of scaling a corporate hierarchy has become outdated for many workers, Christian Tröster, an Academy of Management scholar and a professor of leadership and organizational behavior at Germany's Kühne Logistics University, told BI.Instead, he said, people might want to think of what he called a "protean" career — one that changes shape over time.Tröster said that rather than ascending a ladder, a better aim for many workers would be to become "psychologically successful.""The ultimate goal of your career is feeling proud and accomplished," he said.One practical reason you might not want to climb the ladder is that a push among some corporate leaders for "flatter" organizational structures — and an elimination of middle management — can mean there aren't as many rungs for ambitious workers to grab onto."Careers today are no longer linear," Warrell said. Instead, workers might opt for a lateral move, a side gig, or a so-called portfolio career — where you take on multiple jobs to earn a living while maintaining flexibility.Warrell said workers who chart their own paths are often more fulfilled and successful than those who try to grind their way up an org chart.Don't job-hopCareer advice once often included the suggestion that workers avoid changing jobs for at least a year to avoid looking like they weren't committed to an organization.While a string of frequent job changes can raise concerns among prospective employers, Warrell said prohibitions on moving around often have softened.She said "smart" job changes — even in quick succession — that indicate you're taking on extra responsibility and developing new skills can add polish, not tarnish, to a résumé."It can be seen as a sign of ambition, adaptability — not instability," Warrell said.Focus on tech skillsTechnical mastery — especially in hot areas like artificial intelligence — can take you far and often leave you with your pick of jobs, yet it's not the only route to career success.AI is already taking on some coders' work, for example. Salesforce CEO Marc Benioff has said the company might not hire software engineers in 2025 because of its success in using AI agents to boost productivity.In surveys, employers often say they're after so-called soft skills — abilities like communication and teamwork.Menges said one reason soft skills are important is that humans will often be needed to evaluate what AI produces.To help do that, he said, workers will need to rely in part on emotion for guidance. Menges said that in the 20th century, workers were often told to sequester their feelings in the workplace."Now, you've got to bring those emotions back because whatever AI does needs evaluation, and that evaluation comes down to how we feel about what appears on our screens," he said.Bring your whole self to workWhile it might have been well-intentioned, critics of the idea of showing up at work as the unvarnished version of yourself have long found it problematic.Business leaders from Google's Sundar Pichai to venture capitalist Marc Andreessen have pushed back on the concept.Ella F. Washington, a professor of practice at Georgetown University, previously told BI a better way to think about the idea is to bring your whole professional self to work.That might mean putting aside your politics or working with people you might not like. Or, Warrell said, it could mean pushing through a bad mood."If one part of your whole self is that you're short-tempered and grumpy in the morning, don't bring that self to work," she said.Do you have a story to share about your job hunt or career? Contact this reporter at tparadis@businessinsider.com.An earlier version of this story appeared on March 3, 2025.
    #pieces #popular #career #advice #that
    5 pieces of popular career advice that you should ignore
    Climbing the corporate ladder isn't the only way to succeed in your career. Alex Slitz/AP 2025-05-27T16:56:49Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Some career advice we've heard over the years doesn't hold up. You don't always need to find your passion or ascend the corporate ladder to enjoy your work. As some employers are reluctant to hire, it's important to know what advice to follow. Your boss might not want to know the real you after all.One of the many bits of career advice that emerged years ago and has somehow stuck around is the idea that we should bring our whole selves to work.That doesn't always work, and it's looking a bit threadbare with age. Now that temperatures are rising, consider office attire:"If you love wearing tight little leather outfits that are strapped on, I don't want to see that," said Margie Warrell, a leadership consultant and author of the book "The Courage Gap.""That's not appropriate," she said.The whole-self idea is just one example of bumper-sticker wisdom that was meant to guide us through our careers but often doesn't hold up.It's especially important now that caution about the prospects for the economy is causing some employers to slow or pause hiring. That hesitation is also making it harder for people who want to change jobs. So, not screwing up at work is all the more important.Here are five bits of trite work advice — and what to consider instead.Follow your passionThe impulse to align your work with what you love makes sense. Yet, feeling like you have to "find your passion" can also set you up to fail."That's probably as vague as it gets," said Jochen Menges, a professor of human resource management and leadership at the University of Zurich. "It's not an actionable goal."He told Business Insider that a better approach would be to set goals around the emotion you want to feel in your work, like pride, even though you won't necessarily experience that every day."If I align my emotional needs more with what I do — with my career prospects — then I'm a lot better off," he said. That, in turn, will accelerate your career, Menges said.Climb the corporate ladderOn a ladder, you can only go up or down. The idea of scaling a corporate hierarchy has become outdated for many workers, Christian Tröster, an Academy of Management scholar and a professor of leadership and organizational behavior at Germany's Kühne Logistics University, told BI.Instead, he said, people might want to think of what he called a "protean" career — one that changes shape over time.Tröster said that rather than ascending a ladder, a better aim for many workers would be to become "psychologically successful.""The ultimate goal of your career is feeling proud and accomplished," he said.One practical reason you might not want to climb the ladder is that a push among some corporate leaders for "flatter" organizational structures — and an elimination of middle management — can mean there aren't as many rungs for ambitious workers to grab onto."Careers today are no longer linear," Warrell said. Instead, workers might opt for a lateral move, a side gig, or a so-called portfolio career — where you take on multiple jobs to earn a living while maintaining flexibility.Warrell said workers who chart their own paths are often more fulfilled and successful than those who try to grind their way up an org chart.Don't job-hopCareer advice once often included the suggestion that workers avoid changing jobs for at least a year to avoid looking like they weren't committed to an organization.While a string of frequent job changes can raise concerns among prospective employers, Warrell said prohibitions on moving around often have softened.She said "smart" job changes — even in quick succession — that indicate you're taking on extra responsibility and developing new skills can add polish, not tarnish, to a résumé."It can be seen as a sign of ambition, adaptability — not instability," Warrell said.Focus on tech skillsTechnical mastery — especially in hot areas like artificial intelligence — can take you far and often leave you with your pick of jobs, yet it's not the only route to career success.AI is already taking on some coders' work, for example. Salesforce CEO Marc Benioff has said the company might not hire software engineers in 2025 because of its success in using AI agents to boost productivity.In surveys, employers often say they're after so-called soft skills — abilities like communication and teamwork.Menges said one reason soft skills are important is that humans will often be needed to evaluate what AI produces.To help do that, he said, workers will need to rely in part on emotion for guidance. Menges said that in the 20th century, workers were often told to sequester their feelings in the workplace."Now, you've got to bring those emotions back because whatever AI does needs evaluation, and that evaluation comes down to how we feel about what appears on our screens," he said.Bring your whole self to workWhile it might have been well-intentioned, critics of the idea of showing up at work as the unvarnished version of yourself have long found it problematic.Business leaders from Google's Sundar Pichai to venture capitalist Marc Andreessen have pushed back on the concept.Ella F. Washington, a professor of practice at Georgetown University, previously told BI a better way to think about the idea is to bring your whole professional self to work.That might mean putting aside your politics or working with people you might not like. Or, Warrell said, it could mean pushing through a bad mood."If one part of your whole self is that you're short-tempered and grumpy in the morning, don't bring that self to work," she said.Do you have a story to share about your job hunt or career? Contact this reporter at tparadis@businessinsider.com.An earlier version of this story appeared on March 3, 2025. #pieces #popular #career #advice #that
    WWW.BUSINESSINSIDER.COM
    5 pieces of popular career advice that you should ignore
    Climbing the corporate ladder isn't the only way to succeed in your career. Alex Slitz/AP 2025-05-27T16:56:49Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Some career advice we've heard over the years doesn't hold up. You don't always need to find your passion or ascend the corporate ladder to enjoy your work. As some employers are reluctant to hire, it's important to know what advice to follow. Your boss might not want to know the real you after all.One of the many bits of career advice that emerged years ago and has somehow stuck around is the idea that we should bring our whole selves to work.That doesn't always work, and it's looking a bit threadbare with age. Now that temperatures are rising, consider office attire:"If you love wearing tight little leather outfits that are strapped on, I don't want to see that," said Margie Warrell, a leadership consultant and author of the book "The Courage Gap.""That's not appropriate," she said.The whole-self idea is just one example of bumper-sticker wisdom that was meant to guide us through our careers but often doesn't hold up.It's especially important now that caution about the prospects for the economy is causing some employers to slow or pause hiring. That hesitation is also making it harder for people who want to change jobs. So, not screwing up at work is all the more important.Here are five bits of trite work advice — and what to consider instead.Follow your passionThe impulse to align your work with what you love makes sense. Yet, feeling like you have to "find your passion" can also set you up to fail."That's probably as vague as it gets," said Jochen Menges, a professor of human resource management and leadership at the University of Zurich. "It's not an actionable goal."He told Business Insider that a better approach would be to set goals around the emotion you want to feel in your work, like pride, even though you won't necessarily experience that every day."If I align my emotional needs more with what I do — with my career prospects — then I'm a lot better off," he said. That, in turn, will accelerate your career, Menges said.Climb the corporate ladderOn a ladder, you can only go up or down. The idea of scaling a corporate hierarchy has become outdated for many workers, Christian Tröster, an Academy of Management scholar and a professor of leadership and organizational behavior at Germany's Kühne Logistics University, told BI.Instead, he said, people might want to think of what he called a "protean" career — one that changes shape over time.Tröster said that rather than ascending a ladder, a better aim for many workers would be to become "psychologically successful.""The ultimate goal of your career is feeling proud and accomplished," he said.One practical reason you might not want to climb the ladder is that a push among some corporate leaders for "flatter" organizational structures — and an elimination of middle management — can mean there aren't as many rungs for ambitious workers to grab onto."Careers today are no longer linear," Warrell said. Instead, workers might opt for a lateral move, a side gig, or a so-called portfolio career — where you take on multiple jobs to earn a living while maintaining flexibility.Warrell said workers who chart their own paths are often more fulfilled and successful than those who try to grind their way up an org chart.Don't job-hopCareer advice once often included the suggestion that workers avoid changing jobs for at least a year to avoid looking like they weren't committed to an organization.While a string of frequent job changes can raise concerns among prospective employers, Warrell said prohibitions on moving around often have softened.She said "smart" job changes — even in quick succession — that indicate you're taking on extra responsibility and developing new skills can add polish, not tarnish, to a résumé."It can be seen as a sign of ambition, adaptability — not instability," Warrell said.Focus on tech skillsTechnical mastery — especially in hot areas like artificial intelligence — can take you far and often leave you with your pick of jobs, yet it's not the only route to career success.AI is already taking on some coders' work, for example. Salesforce CEO Marc Benioff has said the company might not hire software engineers in 2025 because of its success in using AI agents to boost productivity.In surveys, employers often say they're after so-called soft skills — abilities like communication and teamwork.Menges said one reason soft skills are important is that humans will often be needed to evaluate what AI produces.To help do that, he said, workers will need to rely in part on emotion for guidance. Menges said that in the 20th century, workers were often told to sequester their feelings in the workplace."Now, you've got to bring those emotions back because whatever AI does needs evaluation, and that evaluation comes down to how we feel about what appears on our screens," he said.Bring your whole self to workWhile it might have been well-intentioned, critics of the idea of showing up at work as the unvarnished version of yourself have long found it problematic.Business leaders from Google's Sundar Pichai to venture capitalist Marc Andreessen have pushed back on the concept.Ella F. Washington, a professor of practice at Georgetown University, previously told BI a better way to think about the idea is to bring your whole professional self to work.That might mean putting aside your politics or working with people you might not like. Or, Warrell said, it could mean pushing through a bad mood."If one part of your whole self is that you're short-tempered and grumpy in the morning, don't bring that self to work," she said.Do you have a story to share about your job hunt or career? Contact this reporter at tparadis@businessinsider.com.An earlier version of this story appeared on March 3, 2025.
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    2025-05-26 16:06:42 -
    I spoke with the CFOs of Vercel, Mercury, and Cribl about doing business in uncertain times

    From left to right: BI's Ben Bergman, Mercury's Dan Kang, Cribl's Zach Johnson and Vercel's Marten Abrahamsen.

    Photo Courtesy of CRV, Tyler Mussetter

    2025-05-26T16:00:01Z

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    CFOs of late-stage tech startups face challenges amid market uncertainty and IPO jitters.
    Mercury, Vercel, and Cribl's CFOs spoke on a panel this week at VC firm CRV.
    Executives are hopeful that advances in AI can yield returns later this year.

    With a shaky IPO market, tariff uncertainty, and stock market jitters, these are not easy times to be the chief financial officer of a late-stage tech company.Against that precarious backdrop, I sat down last week with the CFOs of Mercury, Vercel, and Cribl at the San Francisco office of CRV, one of Silicon Valley's oldest venture firms and an early investor in all three startups."I'm expecting a lot more uncertainty," said Daniel Kang, CFO of Mercury, a fintech banking startup that recently doubled its valuation to billion after raising million in its latest funding round. "There's a lot of impact from what's happening in DC."All the turmoil means CFOs have to be more nimble, said Kang.Marten Abrahamsen, Vercel's CFO, was more upbeat. He does not expect a recession this year and predicts a stock market rally in the fall."I think a lot of this is going to be fueled by some of the investments we see in AI, and we're already seeing it for some of our products that weren't even here a year ago," said Abrahamsen. "I'm very, very bullish on the remainder of this year and beyond."After President Donald Trump announced sweeping tariffs on imports from other countries on April 2, investors panicked and companies from the payments lender Klarna to the physical therapy startup Hinge Health halted their IPO plans.The pause turned out to be short-lived.Markets have rebounded after Trump rolled back the most severe tariffs and he said he would not fire Federal Reserve Chair Jerome Powell. Bankers are telling companies to go public while the window is open.This week, Hinge Health shares jumped 17% in its market debut after eToro, an Israeli trading platform, made a successful public debut on the Nasdaq, opening 34% above its IPO price.Abrahamsen does not think companies should wait until a better market comes along to IPO; instead, they should focus on what they can control."There has been a fear of going public in Silicon Valley," he said. "Great companies can go public even if there's not a hot market out there. If you're an outstanding business, there's always going to be an opportunity."Asked why so few companies are going public, the panelists said companies do not want to deal with the headaches of being a public company when there is so much private financing available. There is also little pressure to IPO from investors and employees, according to Zachary Johnson, CFO of Cribl, a data management solutions startup that raised million last year at a billion valuation."They understand that we're trying to build something that's going to be generational," said Johnson. "When we think about how we want to build this company, it's really about focusing on that durability and sustainability of growth."Johnson is hopeful that advances in AI can make Cribl even more attractive to investors when it goes public. He recently tasked everyone on his executive team to come up with an AI initiative."There's some work to be done, but I'm optimistic that we can actually get some real returns on that by the end of this year," he said. "We're still in the early innings of AI."
    #spoke #with #cfos #vercel #mercury
    I spoke with the CFOs of Vercel, Mercury, and Cribl about doing business in uncertain times
    From left to right: BI's Ben Bergman, Mercury's Dan Kang, Cribl's Zach Johnson and Vercel's Marten Abrahamsen. Photo Courtesy of CRV, Tyler Mussetter 2025-05-26T16:00:01Z d Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? CFOs of late-stage tech startups face challenges amid market uncertainty and IPO jitters. Mercury, Vercel, and Cribl's CFOs spoke on a panel this week at VC firm CRV. Executives are hopeful that advances in AI can yield returns later this year. With a shaky IPO market, tariff uncertainty, and stock market jitters, these are not easy times to be the chief financial officer of a late-stage tech company.Against that precarious backdrop, I sat down last week with the CFOs of Mercury, Vercel, and Cribl at the San Francisco office of CRV, one of Silicon Valley's oldest venture firms and an early investor in all three startups."I'm expecting a lot more uncertainty," said Daniel Kang, CFO of Mercury, a fintech banking startup that recently doubled its valuation to billion after raising million in its latest funding round. "There's a lot of impact from what's happening in DC."All the turmoil means CFOs have to be more nimble, said Kang.Marten Abrahamsen, Vercel's CFO, was more upbeat. He does not expect a recession this year and predicts a stock market rally in the fall."I think a lot of this is going to be fueled by some of the investments we see in AI, and we're already seeing it for some of our products that weren't even here a year ago," said Abrahamsen. "I'm very, very bullish on the remainder of this year and beyond."After President Donald Trump announced sweeping tariffs on imports from other countries on April 2, investors panicked and companies from the payments lender Klarna to the physical therapy startup Hinge Health halted their IPO plans.The pause turned out to be short-lived.Markets have rebounded after Trump rolled back the most severe tariffs and he said he would not fire Federal Reserve Chair Jerome Powell. Bankers are telling companies to go public while the window is open.This week, Hinge Health shares jumped 17% in its market debut after eToro, an Israeli trading platform, made a successful public debut on the Nasdaq, opening 34% above its IPO price.Abrahamsen does not think companies should wait until a better market comes along to IPO; instead, they should focus on what they can control."There has been a fear of going public in Silicon Valley," he said. "Great companies can go public even if there's not a hot market out there. If you're an outstanding business, there's always going to be an opportunity."Asked why so few companies are going public, the panelists said companies do not want to deal with the headaches of being a public company when there is so much private financing available. There is also little pressure to IPO from investors and employees, according to Zachary Johnson, CFO of Cribl, a data management solutions startup that raised million last year at a billion valuation."They understand that we're trying to build something that's going to be generational," said Johnson. "When we think about how we want to build this company, it's really about focusing on that durability and sustainability of growth."Johnson is hopeful that advances in AI can make Cribl even more attractive to investors when it goes public. He recently tasked everyone on his executive team to come up with an AI initiative."There's some work to be done, but I'm optimistic that we can actually get some real returns on that by the end of this year," he said. "We're still in the early innings of AI." #spoke #with #cfos #vercel #mercury
    WWW.BUSINESSINSIDER.COM
    I spoke with the CFOs of Vercel, Mercury, and Cribl about doing business in uncertain times
    From left to right: BI's Ben Bergman, Mercury's Dan Kang, Cribl's Zach Johnson and Vercel's Marten Abrahamsen. Photo Courtesy of CRV, Tyler Mussetter 2025-05-26T16:00:01Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? CFOs of late-stage tech startups face challenges amid market uncertainty and IPO jitters. Mercury, Vercel, and Cribl's CFOs spoke on a panel this week at VC firm CRV. Executives are hopeful that advances in AI can yield returns later this year. With a shaky IPO market, tariff uncertainty, and stock market jitters, these are not easy times to be the chief financial officer of a late-stage tech company.Against that precarious backdrop, I sat down last week with the CFOs of Mercury, Vercel, and Cribl at the San Francisco office of CRV, one of Silicon Valley's oldest venture firms and an early investor in all three startups."I'm expecting a lot more uncertainty," said Daniel Kang, CFO of Mercury, a fintech banking startup that recently doubled its valuation to $3.5 billion after raising $300 million in its latest funding round. "There's a lot of impact from what's happening in DC."All the turmoil means CFOs have to be more nimble, said Kang.Marten Abrahamsen, Vercel's CFO, was more upbeat. He does not expect a recession this year and predicts a stock market rally in the fall."I think a lot of this is going to be fueled by some of the investments we see in AI, and we're already seeing it for some of our products that weren't even here a year ago," said Abrahamsen. "I'm very, very bullish on the remainder of this year and beyond."After President Donald Trump announced sweeping tariffs on imports from other countries on April 2, investors panicked and companies from the payments lender Klarna to the physical therapy startup Hinge Health halted their IPO plans.The pause turned out to be short-lived.Markets have rebounded after Trump rolled back the most severe tariffs and he said he would not fire Federal Reserve Chair Jerome Powell. Bankers are telling companies to go public while the window is open.This week, Hinge Health shares jumped 17% in its market debut after eToro, an Israeli trading platform, made a successful public debut on the Nasdaq, opening 34% above its IPO price. (Klarna's IPO is still on hold after the company reported mounting losses.)Abrahamsen does not think companies should wait until a better market comes along to IPO; instead, they should focus on what they can control."There has been a fear of going public in Silicon Valley," he said. "Great companies can go public even if there's not a hot market out there. If you're an outstanding business, there's always going to be an opportunity."Asked why so few companies are going public, the panelists said companies do not want to deal with the headaches of being a public company when there is so much private financing available. There is also little pressure to IPO from investors and employees, according to Zachary Johnson, CFO of Cribl, a data management solutions startup that raised $319 million last year at a $3.5 billion valuation."They understand that we're trying to build something that's going to be generational," said Johnson. "When we think about how we want to build this company, it's really about focusing on that durability and sustainability of growth."Johnson is hopeful that advances in AI can make Cribl even more attractive to investors when it goes public. He recently tasked everyone on his executive team to come up with an AI initiative."There's some work to be done, but I'm optimistic that we can actually get some real returns on that by the end of this year," he said. "We're still in the early innings of AI."
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