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Jamie Dimon addresses a fresh round of CEO succession questions in an earnings call

JPMorgan Chase CEO Jamie Dimon speaking on stage
JPMorgan Chase CEO Jamie Dimon was asked who might replace him when he eventually steps down, and why he won't simply stay on longer as chief executive.

Kevin Dietsch/Getty Images

  • JPMorgan Chase CEO Jamie Dimon was asked on an earnings call who would be likely to replace him.
  • Dimon suggested there is a running list but that no final decision has been made.
  • The comments follow the latest leadership reshuffle due to a top exec's retirement plans.

One of the biggest Wall Street storylines over the years has been around who will eventually take over as CEO of JPMorgan Chase β€” a role long held by Jamie Dimon.

Questions resurfaced this week when America's biggest bank by assets announced a series of management changes triggered by the pending retirement of Daniel Pinto, the firm's president and COO and longtime stand-in for Dimon in the case of an emergency.

The leadership reshuffle sparked fresh speculation about who might succeed Dimon, a topic that played out on the company's fourth-quarter earnings call on Wednesday.

"Jamie, who's your successor?," Wells Fargo's bank research analyst Mike Mayo asked on the call.

Dimon suggested there is a running list (including some people analysts like Mayo may not suspect) but that no final decision has been made. He declined to name names, however, except for Jenn Piepszak, co-CEO of JPMorgan's commercial and investment bank, who was tapped to replace Pinto as COOΒ and who has said she doesn't want the CEO job.

"We have several exceptional people. You guys know most of them. Maybe one or two you don't know," Dimon told Mayo. "The board reviews and meets with them all the time. I think it's wonderful that Jenn Piepszak, who does not want to be the CEO, will be here as
chief operating officer and stay after that."

As Business Insider reported this week, Pinto is set to step down in June from his day-to-day role and fully retire at the end of 2026. Piepszak agreed to take on the role of COO vacated by Pinto but took her name out of the ring for CEO consideration.

"And obviously, we're not going to tell the press, but it's not determined yet," Dimon said. Even if there was a top pick, he said, things could change by the time he steps down as CEO.

"People get sick, they change their mind or family circumstances. So even if you thought you knew today, you couldn't be completely sure," he said.

Dimon made headlines last year when he said his time as JPMorgan's CEO was coming to a close. "The timetable is not five years anymore," he told investors, a reference to a running joke about how, when asked how long he might remain at the helm, he's often said five years.

On Wednesday, Dimon suggested that he still plans to retire as CEO, although not necessarily chairman, in four to five years.

"Now you're talking potentially four, five years or more," he said. "I'll be 69 in March. I think it's the rational thing to do."

"I've had a couple of health problems, you know," he added, referring to cardiac issues he'd undergone in recent years. In 2020, he underwent emergency heart surgery.

"If I'm here for several more years, I may or may not be chairman," he said, adding, "It's going to be up to the board."

Read the original article on Business Insider

The 15 fastest-growing jobs in the US, according to LinkedIn

Samsung Vision AI
Artificial intelligence engineers are among the top 15 job roles on LinkedIn's latest US ranking focused on the fastest-growing jobs.

Samsung

  • LinkedIn released its annual jobs on the rise report.
  • The list ranked roles based on job growth rates using member data.
  • Among the top 10 jobs were AI engineer and consultant, physical therapist, and travel advisor.

The US labor market ended 2024 on a high by adding 256,000 new jobs in December, as opposed to the 164,000 predicted.

The unemployment rate also fell to 4.1% in December from 4.2% in November.

While this hints at positive growth, economists have predicted that job seekers navigating the 2025 job market will still face challenges.

One way to keep up with an ever-changing job market is consistently upskilling, and LinkedIn's annual jobs on the rise report provides insights into the top 25 growing professions and the skills needed to take on these roles.

The roles were ranked based on job growth rates, which were determined by compiling job titles that saw the most growth on its website between January 1, 2022, and July 31, 2024.

The report also detailed the most common skills for those jobs, which were identified using top skills listed on LinkedIn profiles of people who'd held those job titles; the median years of prior work experience for the roles; and the top locations hiring, based on "the regions that employed the largest percentage of each job title from January 1, 2024 to October 31, 2024," according to the report.

Here are the 15 fastest-growing jobs in the US. The full list is available on LinkedIn.

15. Grants consultant
A man writing and researching with a computer in front.
Grant consultants typically find opportunities in industries such as nonprofit organizations, business consulting and services, and fundraising.

PeopleImages.com/Yuri A/Shutterstock

Many nonprofits and businesses require external assistance β€”Β  usually financial β€” to support their mission and work. Grant consultants identify the organization's needs, research different grant programs, and help secure funding by applying for the right opportunities.

According to the LinkedIn report, grant consultants must be skilled at grant writing, grant administration, and federal grants management.

Where the most jobs are: New York City, Washington, DC, Cleveland

Median years of prior experience: 4.4

14. Land agent
Two people working on a property design, with a laptop, scale, and calculator in front.
Land agents typically find employment opportunities in real estate, oil and gas, and electric power generation.

Kartinkin77/Shutterstock

Imagine a developer who wants to build a wind farm but needs to lease land from several property owners in the area. A land agent steps in to make it happen.

They research who owns the land, negotiate fair lease agreements with the owners, and ensure all legal and regulatory requirements are met.

Those who have deep knowledge of land acquisition rules, can search titles, and negotiate contracts can excel in this role.

Where the most jobs are: Salt Lake City, Phoenix, Macon in Georgia

Median years of prior experience: 4.4

13. Treasury manager
A woman analyzing data on a computer.
Treasury managers typically find employment opportunities in credit intermediation, technology and internet, and real estate.

Andrey_Popov/Shutterstock

Treasury managers are like an organization's air traffic controllers. They ensure a company's finances are secure by keeping tabs on all expenses, monitoring bank accounts, and predicting cash needs.

According to the report, job seekers must be skilled at cash management, cash flow forecasting, and financial analysis to excel at this role.

Where the most jobs are: New York City, Chicago, Dallas

Median years of prior experience: 6.4

12. Artificial intelligence researcher
A woman doing research with a laptop in front of her. She's writing in a notebook with a pencil.
Artificial intelligence researchers typically find employment opportunities in technology, the internet, higher education, and research services.

Gorodenkoff/Shutterstock

In a fast-growing industry like AI, researchers are often the brains behind new developments and advancements in this technology β€” think quicker outputs, improved solutions, and the ability to differentiate between large data sets quickly.

Similar to AI engineers and consultants, those seeking a job as an AI researcher must be skilled at deep learning, large language models (LLM), and PyTorch.

Where the most jobs are: San Francisco, Boston, Seattle

Median years of prior experience: 3.2

11. Community planner
Two people at a construction site.
Artificial intelligence researchers typically find employment opportunities in civil engineering, architecture and planning, and transportation equipment manufacturing.

Gorodenkoff/Shutterstock

If a town wants to add a new park for its residents, a community planner would help navigate the process. They gather input from the community, study the area to find the perfect spot, and make sure the project aligns with zoning rules and budgets. Then, they team up with architects, engineers, and local officials to bring the vision to life.

Per the report, the skills needed for this role include urban planning, zoning, and community outreach.

Where the most jobs are: Washington, DC, Boston, Chicago

Median years of prior experience: 3.3

10. Security guard
Two security guards.
Security guards typically find employment opportunities in security and investigations, hospitality, and food and beverage services.

Pressmaster/Shutterstock

Security guards protect property, assets, and people by maintaining a safe and secure environment. Their duties typically include monitoring premises, patrolling areas, overseeing access points, and responding to security breaches or emergencies.

Per the report, the skills most commonly needed for this role include security operations, surveillance, and customer service.

Where the most jobs are: New York City, Los Angeles, San Francisco

Median years of prior experience: 2.2

9. Sustainability specialist
A woman giving a presentation on sustainability.
Sustainability specialists typically find employment opportunities in business consulting and services, technology and internet, and architecture and planning.

Chay_Tee/Shutterstock

A sustainability specialist helps organizations become more responsible about their overall environmental footprint. They dig into operations, find ways to cut waste, save resources, and shrink carbon footprints. From crafting eco-friendly strategies to tracking progress, they're the go-to for making businesses cleaner, greener, and future-ready.

According to the report, those hoping to take on this role must be adept at sustainability reporting and understand corporate social responsibility and environmental policies.

Where the most jobs are: New York City, Los Angeles, San Francisco

Median years of prior experience: 3

8. Outside sales representative
A woman with headphones.
Outside sales representatives typically find work opportunities in wholesale building materials, machinery manufacturing, and textile manufacturing.

fizkes/Shutterstock

Outside sales representatives help companies sell their products or services by building a roster of clients, forging connections, and helping to achieve sales targets.

Those hoping to take on this role must be skilled at cold calling, account management, and sales operations.

Where the most jobs are: Houston, Dallas, Atlanta

Median years of prior experience: 4.3

7. Director of development
A woman leading a meeting.
Development directors typically find work opportunities in nonprofit organizations, higher education, and civic and social organizations.

Gorodenkoff/Shutterstock

This senior leadership role, typically in nonprofit organizations, requires the individual to devise fundraising strategies and suggest proposals for donor engagement. They are crucial in ensuring the organization secures the resources it needs for maximum impact.

Those hoping to take on this role must be skilled at fundraising, grant writing, and community outreach.

Where the most jobs are: New York City, Los Angeles, Washington, DC

Median years of prior experience: 5.4

6. Event Coordinator
A woman arranging a flower pot.
Event coordinators typically find opportunities in higher education, hospitality, and nonprofit organizations.

Nina Buday/Shutterstock

Event coordinators work behind the scenes in planning and executing various events, including corporate, PR, brand, or collection launches, weddings, and birthday parties. They also handle their clients' logistics, decor, vendor management, and budget allocation.

Those seeking a job in this industry must be skilled at event planning, social media marketing, and customer service.

Where the most jobs are: New York City, Los Angeles, Boston

Median years of prior experience: 2.8

5. Travel advisor
A person using an iPad is planning a trip.
Travel advisors typically find employment opportunities at travel agencies, hospitality, and insurance.

Rawpixel.com/Shutterstock

With the travel industry making a comeback post-COVID-19, there's also been a revival in travel advisor roles. As travelers seek curated and hassle-free journeys, travel advisors are important in ensuring stress-free and memorable trips.

They help vacationers plan every aspect of their trip, from accommodations and dining to must-see attractions. For clients unsure about where to go, travel advisors recommend destinations tailored to their interests, preferences, and budget. To succeed in this role, individuals must be skilled in travel planning, writing, and social media marketing, per the report.

Where the most jobs are: New York City, Los Angeles, Miami

Median years of prior experience: 4.7

4. Workforce development manager
A person mentoring a group of employees.
Workforce development managers typically find opportunities in nonprofit organizations, staffing and recruiting, and business consulting and services.

skipper_sr/Shutterstock

In every industry, as innovations come along, employees have to upskill to stay on top of industry trends and meet organizational needs β€” this is where workforce development managers play a crucial role. They identify the company's needs and areas where employees require additional support, then devise training programs to address those gaps. Training programs usually include leadership workshops or skill-based courses.

The LinkedIn report says individuals must be skilled in program management and development, and community outreach to take on this role.

Where the most jobs are: Los Angeles, Columbus in Ohio, Seattle

Median years of prior experience: 5.1

3. Physical therapists
A physical therapist helping another man with hand mobility.
Physical therapists typically find opportunities in medical practices, recreational facilities, and staffing and recruiting.

PeopleImages.com - Yuri A/Shutterstock

The role of a physical therapist has made leaps in the past year, moving from No. 13 to the third spot this year.

Typically, physical therapists assess, devise plans, and help patients suffering from mobility issues or those recovering from injuries. According to the report, those seeking a career in this domain must have the following skills and qualifications: orthopedic rehabilitation, patient care management, and occupational therapy.

Where the most jobs are: New York City, Boston, Chicago

Median years of prior experience: 3.6

2. Artificial intelligence consultant
Two people talking to each other over laptops.
AI consultants typically find opportunities in technology and the internet, IT services and consulting, and business consulting and services.

DC Studio/Shutterstock

AI consultants, which ranked eighth last year, took the second spot this year.

AI consultants advise organizations on how to best implement AI tools and technology within their existing workflow. The report recommends that those seeking to work in this role be skilled in LLM, prompt engineering, and Python.

Where the most jobs are: San Francisco, New York City, Washington, DC

Median years of prior experience: 4.5

1. Artificial intelligence engineer
Two people are working on their computers.
AI engineers typically find opportunities in technology and the internet, IT services and consulting, and computers and electronics manufacturing.

Gorodenkoff/Shutterstock

Given the rapid rise of AI in workplaces and our daily lives, it's no surprise that artificial intelligence engineers, who were No. 10 on last year's report, have taken the top spot this year.

AI engineers "design, develop, implement," and train AI models to perform complex tasks, recognize patterns, and analyze large amounts of data. Per the report, the skills most commonly needed are large language processing, PyTorch, and natural language processing.

Where the most jobs are: San Francisco, New York City, Boston

Median years of prior experience: 3.6

Read the original article on Business Insider

Meet Donald Trump's 10 grandchildren

Republican presidential candidate, former U.S. President Donald Trump stands with his grandchildren on the third day of the Republican National Convention at the Fiserv Forum on July 17, 2024 in Milwaukee, Wisconsin
Donald Trump stood with some of his grandchildren on the third day of the Republican National Convention in 2024.

Leon Neal/Getty Images

  • President-elect Donald Trump has 10 β€” soon to be 11 β€”grandchildren.
  • They range in age from 5 to 17.
  • His second-youngest child, Tiffany, announced her pregnancy in late 2024.

The Trump family is gearing up for the inauguration on Monday, eight years after Donald Trump took office for the first time in January 2017.

A lot has changed for the Trump family in the past eight years: Back then, Donald Trump's oldest son, Donald Jr., was still married to his now ex-wife, Vanessa, and the president had two fewer grandchildren.

Donald Trump has five children β€” Donald Jr., Ivanka, Eric, Tiffany, and Barron β€”Β and the three eldest each have multiple children of their own, while Tiffany Trump is set to give birth to her first child this year. Barron, who is just 18, started his freshman year of college in 2024.

Trump's eldest grandchild, Kai, is already stepping into the spotlight. She spoke at the 2024 Republican National Convention and frequently posts photos on Instagram with her grandfather β€” she even posted that Elon Musk had "uncle status" on X. It stands to reason that as the rest of his grandchildren grow up, they might become more publicly outspoken, as well.

Here's a guide to all 10 of Trump's grandchildren.

Kai Madison Trump
Daughter of Donald Trump Jr., Kai Trump speaks on stage on the third day of the Republican National Convention at the Fiserv Forum on July 17, 2024 in Milwaukee, Wisconsin.
Kai Trump spoke onstage on the third day of the Republican National Convention in 2024.

Chip Somodevilla/Getty Images

Kai is the oldest of President Trump's grandchildren at 17 years old. She's also the oldest child of Donald Trump Jr. and his ex-wife, Vanessa Trump. She was born in May 2007.

Donald Jr. and Vanessa, who were married from 2005 to 2018, have five children together.

Kai spoke onstage at the Republican National Convention last year, making her first foray onto the political stage.

She's also set to play college golf and verbally committed to playing at the University of Miami beginning in 2026, she shared on Instagram in August.

She thanked Donald Trump, who owns more than a dozen golf courses, in the post, writing, "I would like to thank my Grandpa for giving me access to great courses and tremendous support."

Donald John Trump III
US former President and 2024 Republican presidential candidate Donald Trump (R) stands with grandchildren onstage during the last day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, on July 18, 2024.
From left: Donald J. Trump III, Kai Trump, and President Trump at the 2024 RNC.

IM WATSON/AFP/Getty Images

After Kai came Donald J. Trump III, who was born in February 2009, making him 15. Donald Jr. posted a photo with all of his kids, including his 15-year-old son, on Thanksgiving.

He was also onstage at the RNC in 2024.

Tristan Milos Trump
Vanessa Trump, wife of Donald Trump, Jr, holds her son Tristan as they walk off Air Force One at Andrews Air Force Base, MD, April 16, 2017
Vanessa Trump held her son Tristan in April 2017.

JIM WATSON/AFP/Getty Images

Donald Jr. and Vanessa's third child, Tristan, was born in October 2011 and is now 13 years old.

Spencer Frederick Trump
Donald Trump Jr. and children Chloe Trump, Spencer Trump, Tristan Trump and Donald Trump III attend the 2018 Professional Bull Riders Monster Energy Buck Off at the Garden at Madison Square Garden on January 7, 2018 in New York City.
Spencer Trump in 2018.

Cindy Ord/Getty Images

Spencer is the fourth of Donald Jr.'s five children; he was born in October 2012 and is 12 years old.

His middle name comes from his great-great-grandfather and his great-grandfather, Frederick Trump and Frederick Trump Sr., respectively.

President Trump also had an older brother, Frederick Trump Jr., who died in 1981.

Chloe Sophia Trump
Donald Trump Jr. (C) and children Chloe Trump, Spencer Trump, Tristan Trump and Donald Trump III attend the 2018 Professional Bull Riders Monster Energy Buck Off at the Garden at Madison Square Garden on January 7, 2018 in New York City
Donald Trump Jr. and Chloe in 2018.

Cindy Ord/Getty Images

Chloe is the youngest child of President Trump's eldest child. She was born in June 2014, making her 10 years old.

Her dad posted a photo of her and her older brother Spencer fishing in December 2024 on Instagram.

Arabella Rose Kushner
U.S. President Donald Trump and his granddaughter Arabella Rose Kushner walk across the South Lawn as they return from a weekend stay in Bedminster, New Jersey at the White House on July 29, 2018 in Washington, DC.
President Donald Trump and his granddaughter, Arabella Rose Kushner, walked across the South Lawn in 2018.

Jim Lo Scalzo-Pool/Getty Images

President Trump's second child is Ivanka Trump, who married Jared Kushner in 2009. She gave birth to their first child, Arabella, in July 2011. She is now 13 years old.

Ivanka regularly shares photos of her kids on social media. In a July 2024Β InstagramΒ post about Arabella's birthday, Ivanka wrote that her daughter loves singing, playing the piano, riding horses, and Brazilian jiu-jitsu.

Joseph Frederick Kushner
Jared Kushner, senior advisor and son-in-law to U.S. President Donald Trump, kisses his son Joseph Kushner before the pardoning ceremony for the National Thanksgiving Turkey in the Rose Garden at the White House November 21, 2017 in Washington, DC.
Jared Kushner sat with his son Joseph in November 2017.

Chip Somodevilla/Getty Images

Ivanka's second child, Joseph, was born in October 2013, making him 11 years old now.

According to Ivanka's Instagram, Joseph likes computers, dirt biking, and skateboarding.

Joseph and his cousin Spencer, who are 11 months apart, share the same middle name.

Theodore James Kushner
Senior White House adviser Jared Kushner departs with his son Theodore Kushner during the 95th annual national Christmas tree lighting ceremony held by the National Park Service on the Ellipse near the White House on November 30, 2017 in Washington, D.C
Jared Kushner with his son Theodore Kushner in November 2017.

Al Drago-Pool/Getty Images

Ivanka's youngest child, Theodore, was born in March 2016. He is 8 years old, and loves football, parkour, poker, Rubik's cubes, and more, per his mom's Instagram.

Eric Luke Trump
Republican presidential candidate former U.S. President Donald Trump holds his grandson Luke onstage at a campaign rally at the Aero Center Wilmington on September 21, 2024 in Wilmington, North Carolina.
Luke came onstage to support his grandfather at a rally in September 2024.

Anna Moneymaker/Getty Images

Trump's third child, Eric, has been married to Lara Trump since 2014.

Their first child, Eric Luke (who goes by his middle name), was born in September 2017, making him 7 years old.

Luke has appeared at Trump rallies, like the September 2024 North Carolina rally pictured above, and appeared at the 2024 RNC with his sister.

Carolina Dorothy Trump
Republican presidential candidate former U.S. President Donald Trump holds his granddaughter Carolina on stage at a campaign rally at the Aero Center Wilmington on September 21, 2024 in Wilmington, North Carolina.
President Donald Trump held his granddaughter Carolina onstage at a campaign rally in September 2024.

Anna Moneymaker/Getty Images

For now, 5-year-old Carolina is Trump's youngest grandchild. She was born to Eric and Lara in August 2019.

Read the original article on Business Insider

261,000 more student-loan borrowers get $4.5 billion in debt cancellation in Biden's final days in office

President Joe Biden
President Joe Biden announced more student-debt relief for borrowers in his final days in office.

Anna Moneymaker/Getty Images

  • Biden announced an additional $4.5 billion in student-debt cancellation for 261,000 borrowers.
  • The relief impacts borrowers who attended Ashford University, which a court found engaged in fraudulent behavior.
  • This is among Biden's last debt relief efforts before he leaves the White House.

More student-loan borrowers are getting debt relief during President Joe Biden's last week in the White House.

On Wednesday, Biden's Education Department announced that it approved an additional $4.5 billion in debt cancellation for 261,000 borrowers who attended the for-profit school Ashford University from March 1, 2009, to April 30, 2020.

This announcement is a result of a request for relief from the California Department of Justice, which investigated Ashford and found, along with evidence from the Education Department, that the school misled students about the costs of attending and the credentials they needed to pursue their desired careers.

The California Department of Justice hit Ashford with a $20 million penalty in 2022,Β and a federal court found the school guilty of fraudulent behavior that same year. Ashford appealed the ruling, and in 2024,Β an appeals court upheld the department's findings of wrongdoing.

"Numerous federal and state investigations have documented the deceptive recruiting tactics frequently used by Ashford University," Under Secretary of Education James Kvaal said in a statement. He added that "today's announcement will finally provide relief to many students who were harmed by Ashford's illegal actions."

The Education Department said it will email impacted borrowers notifying them of their relief in the coming days, and borrowers do not need to take any further action. Since this relief is a group discharge, it also includes borrowers who did not individually submit borrower defense to repayment applications, which are forms borrowers can submit for relief if they believe they were defrauded by the school they attended.

This relief expands on the Education Department's 2023 approval of a $72 million group discharge for 2,300 borrowers who attended Ashford, following the court decision from 2022. Ashford was acquired by the University of Arizona Global Campus in 2020.

This could likely mark Biden's last batch of student-loan forgiveness before he leaves office. On January 13, the Education Department announced $4.2 billion in debt cancellation for 152,000 borrowers, bringing the total student-debt relief under Biden to over $180 billion for 5.3 million borrowers.

The landscape for student-loan forgiveness is uncertain under President-elect Donald Trump, who has previously criticized broad debt relief and is unlikely to continue Biden's debt relief efforts.

Read the original article on Business Insider

I spent 48 hours in the 'top city to visit' in 2025. It was nice, but it definitely didn't live up to that title.

Author Mar Yvette and her husband smiling in a selfie taken in Toulouse
I spent two days in Toulouse, which Lonely Planet named the top city to visit in 2025.

Mar Yvette

  • I spent two days in Toulouse, which Lonely Planet dubbed the top city to visit in 2025.
  • Nicknamed the "Pink City," Toulouse is home to several universities and iconic sites.
  • Despite its youthful vibrancy and affordable eats, it didn't have the sophisticated vibe I wanted.

My husband and I love exploring new cities, so when we were planning our recent trip across France and Spain, we knew Toulouse would be one of our stops.

Located in southern France near the Spanish border, it has long attracted tourists β€” and travel site Lonely Planet named it the top city to visit in 2025.

Toulouse is home to several universities and iconic sites, including the historic Dome de La Grave along the Garonne River. It's also been nicknamed the "Pink City" for its stunning rosy-colored terra-cotta architecture.

Although my husband loved our two days in Toulouse, something about it didn't fully click for me.

A lot of the city seemed to be oriented toward college students

View of stone streets, outdoor dining and trees in Toulouse
I felt a lot of Toulouse felt ideal for university students.

Mar Yvette

I'm not a fancy-pants traveler, but I still like to incorporate some swankiness into my trips. Unfortunately, we didn't find many opportunities to sprinkle sophistication into our days in Toulouse.

As we were in a large French city, I expected to see a few more upmarket shops (other than Galeries Lafayette) and high-end restaurants mixed in with all the secondhand shops, bookstores, and casual eateries.

Instead, we found more businesses and affordable eateries that seemed geared toward local students. On the plus side, though, we saved money eating at the plentiful quick and tasty cafΓ©s, like El Amacen empanada bar.

A street in Toulouse at night with a few people walking in it, lit-up bar sign
Toulouse seemed quite lively at night.

Mar Yvette

In addition, Toulouse seemed to have a lively nightlife, which makes sense considering the many nearby universities.

It was a bit too much for me, especially since this meant we heard many loud people heading out of the bars late at night near our hotel.

We stayed in the middle of the city, so I wasn't expecting silence. In fact, I enjoy hearing the sounds of a city in the evening. However, at a certain point β€” say, after 11 p.m. β€” I appreciate some quiet.

My husband and I wanted to keep our hotel window open to get some fresh air as we slept, but the late-night revelers made that a less-appealing option.

The traffic and roads were difficult for us to navigate

I'm happy we had the experience of driving across France, but doing so was particularly stressful in Toulouse.

As with most major cities, traffic here felt intimidating β€” especially since Toulouse has numerous narrow one-way streets.

Upon arrival at our hotel, we had to circle the roads several times before we could eventually pull over to the valet, as numerous vehicles were double-parked, and we didn't want to block traffic.

Thankfully, Toulouse is a very walkable city, and we mostly managed to get around on foot to take in the sights and visit friends. Next time we're in France with a car, though, we'll head elsewhere.

Overall, I wasn't blown away by Toulouse β€” but maybe younger travelers would be

Crowds of people picnicking and sitting along the grass and stone path next to water in Toulouse at sunset
Toulouse was beautiful, but I wasn't super impressed by it.

Mar Yvette

We enjoyed Toulouse's rosy architecture, museums, and charming views from the banks of the Garonne River, but it just didn't have that certain je ne sais quoi I've felt in other large French cities like Paris or Bordeaux.

In many ways, Toulouse felt like a college town, probably because it kind of is one, with its multiple universities and sizable student population (tens of thousands!).

I wished it had felt more expansive, sophisticated, and buzzing with excitement β€” though preferably not loudly and late into the night.

Although I understand why many love the city, I feel like I would've liked it more when I was in my early 20s. I'm in my 40s now.

To be fair, we were in Toulouse for less than 48 hours and stayed within the city center, so I realize that doesn't give me the most comprehensive perspective.

Still, first impressions are important. I'm glad we went, but I left feeling like one visit was enough.

Read the original article on Business Insider

Billionaires and CEOs have a choice to make: Attend Trump's inauguration or the first day of Davos

Donald Trump Jr., Donald Trump, and Eric Trump
Some billionaires and CEOs will have to choose between Trump's inauguration and Day 1 of Davos.

AP Photo/Evan Vucci

  • Decisions, decisions.
  • Some billionaires and CEOs are deciding whether to attend Donald Trump's inauguration or catch the first day of Davos.
  • Attending Trump's inauguration could mean scoring face time with the new President and his administration.

It's a scheduling conflict most of us will never know.

Some of the world's wealthiest and most powerful people are staring down a decision as the first major events of the billionaire social calendar this year overlap.

President-elect Donald Trump's inauguration on January 20 coincides with the first day of Davos, an annual gathering of the world's business and politics elite in Davos, Switzerland, held by the World Economic Forum.

Those invited to both must now decide: Do they miss potential face time with the incoming president and members of his inner circle, or skip a day of networking with political leaders and business titans from around the globe?

Trump's swearing-in begins at noon ET on Monday.

The first item on the agenda at Davos, titled "First Impressions: Inauguration Day," starts at 3 p.m. local time Monday. (Davos is six hours ahead of Washington, DC.) Later on Monday, an awards ceremony begins at 6 p.m. Davos time, followed by an open forum and an opening concert, both at 6:30 p.m. Given the time difference, you couldn't possibly attend both Trump's inauguration and Davos Day 1 in person β€” even with a private jet.

A slew of major US companies or their execs made $1 million donations to Trump's inauguration fund, including Meta, Amazon, Google, OpenAI, and Uber.

Attending the inauguration in addition to making a donation could be a savvy business move. Trump was a vocal critic of Big Tech in his first term, so those firms and their execs could benefit from maneuvering to be in his good graces when he retakes the Oval Office.

Big donations to presidential inauguration funds typically come with exclusive perks, like seats for the inaugural address or entry to black-tie balls or other events.

Donors who gave $1 million towards the fund were supposed to receive six tickets apiece to six different events, including Trump's swearing-in and a January 19 "candlelight dinner" with Trump and his wife, Melania, The New York Times reported, citing documents on the matter. Some big donors, however, may no longer receive VIP tickets as some events have already reached capacity, according to the report.

While it will be come more clear who opted for a trip to D.C. on Monday, there are some CEOs that seem likely to attend Trump's inauguration.

Tesla CEO Elon Musk has been frequently spotted by Trump's side since the election and has lambasted Davos in the past.

Screenshots of invitations for a black-tie reception Monday night co-hosted by Mark Zuckerberg also circulated on social media this week. According to the circulating invite, Zuck will be co-hosting the event alongside Miriam Adelson, the billionaire widow of casino magnate Sheldon Adelson; Tilman Fertitta, Trump's pick for US ambassador to Italy; and Chicago Cubs owner Todd Ricketts and his wife, Sylvie Légère.

For those who choose to attend the inauguration, they'll still be able to catch much of Davos. The annual event concludes on January 24.

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I tested 5 ways to add protein to my coffee. The best ingredient was completely undetectable.

protein powders and other convenient sources and a glass of coffee with collagen
I like finding new ways to add protein to my diet.

Meredith Schneider

My morning brew is sacred. However, I know drinking it first thing on an empty stomach isn't great.

Luckily, my social-media feeds have been full of "proffee" (protein coffee) recipes lately, and it turns out the internet trend actually has some merit.

"Consuming protein along with coffee can help to stabilize blood-sugar levels," registered dietitian Bianca Coats told Business Insider. "Protein will help to slow down the absorption of simple carbohydrates and caffeine into the bloodstream and reduce the likelihood of a crash."

According to nutrition coach Adrianne M. Ortiz, we should be getting about 20 to 30 grams of protein within the first half an hour of waking up.

I knew I wanted to find a go-to way to add protein to my morning cup of Joe, so I tested five different ingredients to see which one was best.

Here's how they stacked up.

Flavored protein powder was an easy place to start.
cup of coffee next to a container of protein powder
I regularly use vanilla protein powder, so this wasn't new for me.

Meredith Schneider

I've used vanilla protein powder to sweeten and add protein to my coffee before, so I knew what to expect with this one. Although I've tried plant-based options, I usually go for whey because I think it blends more easily into liquids.

For this recipe, I used 8 ounces of freshly brewed espresso, a serving of Nutrisystem's Prosync sweet vanilla shake mix (15 grams of protein), ice, and a splash of maple syrup.

I really enjoyed how it tasted, and using a simple flavor like vanilla or chocolate will allow me to change up the recipe when I want to. Unfortunately, the powder did become a little gritty after a couple of minutes.

PB2 is a nice option for a low-sugar protein boost.
a cup of coffee behind a small container of PB2
PB2 is a form of powdered peanut butter.

Meredith Schneider

I've had some incredible Reese's-inspired lattes and love adding peanut butter to coffee-flavored protein shakes, so I was excited to try adding PB2 (a powdered peanut-butter alternative) to my coffee.

It notably has less fat and fewer calories than the spread. A 2-tablespoon serving of peanut butter has 190 calories, but the same serving of PB2 only has 45.

I brewed two espresso shots and added a serving of PB2, some 2% milk, and honey to taste.

If I were to recreate it, I'd use chocolate milk or add chocolate syrup β€” this recipe definitely needed more sweetener for my tastes.

Egg whites make for a fluffier protein option.
cup of coffee next to an egg
I need to get better at whipping egg whites before I add them to my coffee again.

Meredith Schneider

Egg whites were probably the most intimidating protein-boost option.

I whipped ΒΌ cup of egg whites (3.6 grams of protein) and used them as a base for ΒΌ cup of espresso and a splash of maple-flavored oat-milk creamer.

I don't think I whipped my egg whites correctly β€” they weren't quite as fluffy as they should've been β€” which made the whole experience a little less pleasant.

But I loved the flavor of this drink, so I'd definitely try it again using a stand mixer or high-speed blender to get really fluffy whites.

Cottage cheese didn't work out so well for me.
tub of cottage cheese and a cup of coffee
The cottage cheese separated a little in my coffee.

Meredith Schneider

I probably wouldn't have thought of it myself, but cottage cheese can be a great protein addition to coffee. I blended a ΒΌ-cup serving of low-fat cottage cheese with a cup of caramel-flavored coffee and a dash of oat milk.

The drink tasted good, but the cottage cheese separated pretty quickly, which was a little unpleasant.

I probably won't use it in regular coffee again, but I'm open to adding a serving of cottage cheese to protein shakes or frozen, blended coffee beverages.

Collagen has the benefit of being unflavored.
tub of collage next to a cup of coffee
The Vital Proteins collagen powder I used was unflavored.

Meredith Schneider

Collagen is naturally found in animals, including humans. But according to Ortiz, our collagen levels tend to diminish after 30.

Powdered collagen peptides typically have about 18 grams of protein per serving and are often flavorless. However, it's important to note that collagen isn't a complete protein source because it doesn't contain all the essential amino acids our body needs. It's best to pair it with other foods and complete protein sources throughout the day.

I added two scoops of Vital Proteins unflavored collagen peptides to 6 ounces of caramel-flavored coffee and topped it off with some maple-flavored oat-milk creamer.

I used a frother to whip everything together, which gave the drink a beautiful ombrΓ© effect. Plus, I didn't notice the collagen at all as I enjoyed the cup.

Everyone will have their preferences, but I loved the collagen coffee.
cottage cheese, protein powder, PB2, collagen powder, and eggs
I'm willing to try a number of these protein-packed coffee add-ins again.

Meredith Schneider

I don't think it's essential to add protein to your coffee β€” although it's smart to pair your regular cup with a balanced snack or meal to avoid a crash. But I had fun trying the different add-ins.

Collagen powder is my new favorite way to add protein to my morning coffee because it doesn't impact the flavor or drinking experience at all.

I'll keep using scoops of chocolate or vanilla whey protein powder when I want a sweeter cup of Joe, and I'm excited to try most of these recipes again with a few tweaks.

This story was originally published on July 23, 2024, and most recently updated on January 15, 2025.

Read the original article on Business Insider

Wall Street is booming. Here's where the hot jobs are now.

Wall Street sign on the subway
The Wall Street subway stop

Getty images

  • JPMorgan Chase and Goldman Sachs had blockbuster performance numbers for the end of 2024.
  • JPMorgan's profit rose 50%; Goldman's profit jumped 105%, led by higher investment-banking fees.
  • Here's what it could mean for hiring across Wall Street in 2025.

Big banks posted blowout fourth-quarter earnings on Wednesday, led by a growing appetite for corporate financing, institutional trading, and dealmaking β€”Β  trends that could boost hiring in 2025.

JPMorgan Chase kicked off Wall Street's earnings season by reporting a 50% increase in profits, led by a 49% increase in investment-banking revenue over last year's fourth quarter, and double-digit growth in trading revenue. Goldman Sachs, meanwhile, said profit for the three months that ended on December 31 rose 105%, driven by demand for corporate dealmaking and capital raising. And Citigroup showed a 35% increase in investment-banking revenue for the fourth quarter from a year ago.

The robust results follow several years of sagging demand for Wall Street's bread-and-butter businesses, layoffs, lower bonuses, and an overall muted environment for job hopping.

Now, the strong 2024 performances, particularly in trading, mean that annual bonuses could be as much as 35% higher from a year ago. Banks have started to share the bonus numbers with employees, as Business Insider reported last week.

More broadly, Wall Street headhunters say that hiring has been picking up in select areas in recent months, including junior-banking roles and back-office tech jobs. They expect the shift to continue in 2025.

"The 45% surge in Goldman's profits and CEO David Solomon's bullish outlook on M&A signals a notable shift in the hiring market," said Meridith Dennes, managing partner at Prospect Rock Partners recruiting firm. "Banks that aggressively downsized during the 2022 to 2023 slowdown are now selectively rebuilding their deal teams."

Of course, working on Wall Street could also get harder in 2025. The industry's notoriously long hours could intensify as demand for dealmaking and capital raising continues. At the same time, work-from-home options are shrinking, with JPMorgan last week telling employees on a hybrid schedule to return to the office five days a week starting in March.

Here are 4 trends in financial-industry hiring that could spur Wall Street job growth in 2025:

Dealmakers

Following several years of muted dealmaking, demand for mergers and acquisitions has been picking up in recent months, driven by lower borrowing costs as interest rates decline. The M&A streak is expected to continue in 2025, aided by a more business-friendly regulatory regime under President-elect Donald Trump.

The uptick is already having an effect on hiring. As BI recently reported, John Weinberg, the chairman and CEO of the elite boutique investment bank Evercore, said in December that he's been spending an unusual amount of time on year-end hiring.

"Most of the time, you don't really do much recruiting in November or December," he said at a Goldman Sachs conference in New York. "If you could see my schedule, you'd see that virtually every day I am speaking with and recruiting" new talent, he said.

As for the jobs outlook, he said: "You could probably anticipate that our recruiting efforts will increase, not decrease."

Recruiters in December told BI that they have seen surging demand for M&A bankers in industries viewed as hot for deals, including tech, healthcare, restructuring, industrials, consumer retail, and financial institutions β€”Β a trend they expect to continue this year.

Junior bankers

Demand for junior investment-banking talent has also been picking up. Dennes, the headhunter, said that she is seeing especially strong demand for what she referred to as "the seasoned associate," but also at the vice-president level, who tend to sit in the middle of the investment-banking pecking order.

As BI reported in October, JPMorgan Chase ramped up off-cycle hiring for junior investment bankers late last year, according to people familiar with the bank's recruitment efforts and to its online jobs board. At the time of the report, a JPMorgan executive told BI that the bank was hiring across all levels of investment banking amid a bump in deal flow.

Whether the JPMorgan hiring boost will continue in 2025, however, remains to be seen. On Wednesday, the bank's chief financial officer, Jeremy Barnum, told investors that JPMorgan intends to keep headcount flat this year, following a 2% rise in staffing in 2024. That included a 3% rise in its asset- and wealth-management unit, according to company filings.

Goldman Sachs' careers portal, meanwhile, displays 15 open job listings for junior bankers in New York, London, and San Francisco, namely at the analyst and associate levels. In January, one open role called for an associate to cover deals for financial institutions and asset-management clients, while another sought an IB associate to focus on the entertainment sector. A third associate position was focused on executing general mergers and acquisitions.

IT jobs

Headhunters have said that an array of financial-services firms, from banks to hedge funds, are expected to boost tech hiring as they explore and build new artificial intelligence capabilities.

In July, JPMorgan's CEO, Jamie Dimon, said he expects to add thousands of AI-related jobs in the next few years. Hedge funds and proprietary-trading firms have also been getting into the act, shelling out big bucks, as much as $350,000 in annual salaries, to snag coveted AI researchers and engineers.

Some private-equity firms, meanwhile, have been paying up to $2 million, including base salary and bonus, for so-called AI operating executives, recruiters told BI last year.

See BI's top tips for landing a Wall Street tech job in 2025.

Private credit and financing

So-called private credit has been on a roll in recent years as more asset managers, like Apollo and Blackstone, pick up lending that banks increasingly deem too risky for their balance sheets.

Plus, there are signs that demand for nonbank loans will only intensify in 2025, as demand for corporate capital raising increases, including for M&A.

On Monday, Goldman Sachs announced a new structure to capitalize on growing demand for financing. Its new Capital Solutions Group is geared to provide alternative sources of lending to corporate clients as well as financial sponsors.

Earlier this month, Bloomberg reported that hedge fund Point72 hired Todd Hirsch, a former Blackstone senior managing director, to build out its new private-credit business.

Goldman on Wednesday reported record results in fixed-income and equities financing, which includes capital raising on behalf of clients. Goldman's CEO referred to financing a "large strategic opportunity" for the bank, thanks to what he described as "important structural trends currently taking place in finance" including the emergence of private credit.

See BI's top do's and don'ts for landing a job in the burgeoning private-credit industry.

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Israel and Hamas have reached a cease-fire agreement to free hostages, White House says

This picture taken from the Israeli side of the border with the Gaza Strip shows a smoke plume rising from explosions above destroyed buildings in the northern Gaza Strip on January 13, 2025.
Israel and Hamas have agreed to a ceasefire-hostage deal.

MENAHEM KAHANA/AFP via Getty Images

  • Israel and Hamas have reached an agreement on a cease-fire deal meant to halt 15 months of fighting.
  • The White House confirmed on Wednesday that there is an agreement in place.
  • Hamas and other militant groups kidnapped over 250 people in Israel on October 7, 2023.

After more than 15 months of catastrophic fighting and tens of thousands dead, Israel and Hamas have reached an agreement on a cease-fire, the White House announced on Wednesday.

The agreement, a major breakthrough in the Middle East, is meant to halt the bloodshed and facilitate the release of some of the remaining hostages.

"At long last, I can announce a cease-fire and a hostage deal has been reached between Israel and Hamas," President Joe Biden said Wednesday afternoon.

In a written statement, he said the deal would stop the fighting in Gaza, surge much-needed humanitarian assistance to Palestinian civilians, and reunite hostages with their families.

On October 7, 2023, as part of a Hamas-led terror attack against Israel, Hamas and other militants kidnapped 251 people from Israel. Around 1,200 were killed across the country.

Hamas and its allies still hold 98 hostages, an Israeli government spokesperson said on Tuesday, though at least 34 of them are thought to have died in captivity.

The deal, which Israel has yet to formally approve, is set to include multiple phases. Israeli Prime Minister Benjamin Netanyahu's office said, "Several items in the framework have yet to be finalized; we hope that the details will be finalized tonight."

The first stage of the agreement is expected to include 33 hostages β€” most of whom are alive β€” released on "humanitarian" grounds, the Israeli spokesperson told reporters at a briefing. This will consist of women, children, the elderly, and hostages who are sick.

When asked how many jailed Palestinians Israel is willing to release in exchange, the spokesperson said that the country "is prepared to pay a heavy price, in the hundreds."

The Israeli military confirmed that it is preparing for the return of the hostages. Qatar's prime minister said the deal with go into effect on January 19.

Biden, flanked by Vice President Kamala Harris and Secretary of State Antony Blinken, told reporters that the first phase of the deal includes a full cease-fire. It is expected to last six weeks and will include the withdrawal of Israeli forces from all the populated areas of Gaza.

A second phase, which is still being worked out, would see a "permanent end" to the war. Biden said this phase would include the release of the remainder of the living hostages as the rest of the Israeli forces withdraw from Gaza.

In the third phase, any remains of hostages who have been killed would be returned to their families, setting in motion a major reconstruction plan for Gaza.

To date, 117 hostages have been returned alive to Israel, including 105 freed as part of a prisoner exchange in November 2023.

The cease-fire deal intends to put a halt to the ongoing conflict, which has seen large areas of Gaza destroyed and has left the militant group battered. The Hamas-run health ministry says Israel's military offensive in Gaza has killed more than 46,000 people.

Negotiations for a cease-fire deal have been ongoing for many months, but news that Israel and Hamas were close to reaching an agreement emerged earlier this week, hinting that, at last, there could be movement.

The deal comes in the final days of the Biden administration, which had been closely involved in negotiations to get a framework approved.

President-elect Donald Trump said his victory in November directly contributed to the deal coming to fruition. "We have achieved so much without even being in the White House," he wrote in a post on his Truth Social platform.

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BrewDog founder James Watt calls UK 'one of world's least work-oriented countries' as he criticizes the idea of 'work-life balance'

brewdog beer

Rey Lopez for The Washington Post via Getty Images; food styling by Lisa Cherkasky for The Washington Post via Getty Images

  • James Watt, the cofounder of the beer company BrewDog, has criticized the UK's work culture.
  • Watt said the UK was "one of world's least work-oriented countries."
  • Watt stepped down as BrewDog CEO in 2024.

James Watt, the cofounder of the beer company BrewDog, said the UK was "one of the world's least work-oriented countries" as he criticized the idea of "work-life balance."

Appearing in an Instagram video alongside his fiancΓ©e, Georgia Toffolo, Watt initially said he believed "the whole concept of work-life balance was invented by people who hate the work that they do."

Watt said he and Toffolo instead believed in "work-life integration."

Watt received pushback over the post and later deleted it from Instagram, saying "the comments crossed the line from debate to personal abuse." However, he later reposted it with additional context.

In the new post, Watt made it clear that his content was "aimed at founders, entrepreneurs, and people who want to push their careers forward," adding that "most successful leaders I know don't separate work from life."

In a LinkedIn post, Watt then suggested the pushback may be linked to what he described as the UK's comparatively low work ethic.

"As a nation, we love to joke about the French being lazy, but the reality is that our output per hour is 13% lower than theirs," he wrote. "I've heard countless international leaders say that the UK's work ethic just doesn't stack up against other nations, especially the US."

He then went on to cite a 2023 study by the Policy Institute at King's College London that found the UK public ranked among the lowest internationally for the importance placed on work.

The study, which looked at 24 nations, including Italy, France, and Russia, found that British people were the least likely to say work was important in their lives and among the least likely to say that work should always come first.

"This isn't to say nobody in the UK works hardβ€”I know that millions of you do and are relentlessly grafting every day," Watt added.

BrewDog was founded in 2007 in Scotland and soon found success as it shook up the craft beer scene with its bold, controversial marketing and its signature Punk IPA.

The company has since built a network of bars and breweries around the world. Its Columbus, Ohio site features a taproom, hotel, and brewery.

Watt stepped down as CEO of the company in 2024, after 17 years at the helm. His departure followed a number of controversies over the company's alleged treatment of staff.

In 2021, dozens of former employees wrote an open letter accusing the company and Watt of creating a "culture of fear" in which staff were treated "like objects."

Watt later apologized to the former employees, saying the company had "always tried to do the best by our team."

"But the tweet we saw last night proves that on many occasions we haven't got it right. We are committed to doing better, not just as a reaction to this, but always; and we are going to reach out to our entire team past and present to learn more. But most of all, right now, we are sorry," he added.

In January 2024, BrewDog also faced fallout after it emerged it would no longer hire new staff on the real living wage, instead paying the lower legal minimum wage.

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The viral 'Wirkin' bags are disappearing from Walmart's online store. Here's why.

Walmart 'Birkin' Bag fading away.
The Walmart-sold bag resembling a Birkin has gone viral on social media for making the iconic Hermès style accessible.

Walmart; Alyssa Powell/BI

  • Viral imitations of HermΓ¨s' Birkin bag have boosted awareness of Walmart's e-commerce marketplace.
  • The positive attention is a tailwind as Walmart aims to take on Amazon's online dominance.
  • Dupes like the so-called "Wirkin" can also pose a challenge for the retailer's brand relationships.

For all of the fanfare they received last month, the internet-famous dupes of the ultra-luxe Birkin handbags have been disappearing from Walmart's e-commerce marketplace.

Walmart itself has been fairly quiet about the trend.

"In some instances, products may no longer be available," a Walmart spokesperson told Business Insider, declining to comment on the items specifically. The spokesperson added that the company encourages shoppers to explore its website for "exciting alternatives."

The frenzy around these imitation luxury accessories, available for a fraction of the price of the designer versions, highlights how such an increase in attention can be a somewhat mixed bag for online platforms like Walmart. An imitation bag going viral on TikTok can bring publicity to an online marketplace while also posing legal and reputational risks for brand owners.

"The Birkin dupes on Walmart's site have attracted such attention because of the juxtaposition of a very price-focused brand and a very aspirational product," GlobalData retail analyst Neil Saunders told BI. "It underlines how much its marketplace has evolved over recent years. Walmart has been actively expanding the offer to attract more consumers, especially younger and more affluent ones."

Walmart executives have touted the massive assortment of products available via third-party sellers in its online marketplace, which launched in 2009. Last quarter, CEO Doug McMillon said the SKU count is approaching 700 million items β€” a figure that dwarfs the 120,000 SKUs typically carried in a Walmart Supercenter.

McMillon has spoken at length about how important a huge selection of products is for Walmart to become the first place shoppers think of when they need anything from a dozen eggs sold by Walmart to a pair of sneakers from a third-party seller.

"When somebody thinks about buying anything and they want to go search or they want to go find a specific item, we want to be in that consideration set and that requires 1P and 3P," he said in a September 2023 earnings call, referring to first-party and third-party goods.

Amazon largely achieved this place in American consumers' minds by offering more than 600 millionΒ products on its site, of which 588 million are sold by third-party vendors, according to Capital One.

But what happens when sellers offer β€” and shoppers want β€” products that might infringe on another company's intellectual property rights?

Neither Walmart nor Hermès have said publicly whether an official complaint was filed, but McMillon has often said the company prizes its brand partnerships and wants to keep suppliers happy.

A Walmart employee who works in the Marketplace division told BI the company takes a cautious approach with potentially risky listings.

"We sure block a lot of stuff I could just get on Amazon," he said.

While many of the listings for the imitation Birkin bags are no longer available on Walmart's website, similar bags were available on Amazon as of Wednesday morning.

One third-party seller on Amazon was offering a $100 "Wirkin welmes" leather handbag, using keywords that were popularized in reference to the delisted dupes on Walmart.com. The listing was taken down after BI contacted Amazon for comment.

A screenshot of a Wirkin dupe bag listing on Amazon.
A screenshot of a Wirkin dupe bag listing on Amazon, which was removed after BI reached out to the company for comment.

Amazon

Amazon told BI it automatically scans every product listing for potential IP infringement, and said there is a difference between IP-infringing products and products that otherwise resemble brand-name products. The company also said several bags have been removed for violating marketplace policies, including the listing mentioned above.

Balancing new customer awareness with protecting brands could help explain Walmart's relatively low-key handling of the Wirkin trend publicly. However, this likely won't be the last time the company will have to thread this needle.

The Walmart employee said the Marketplace team regularly writes new rules to address new situations, and that AI image recognition is increasingly being trained to flag listings for review by human staffers.

Opening the marketplace to an ever-larger number of sellers means there will be no shortage of listings that will go on to be deleted. Those future listings will likely come and go with less attention as more people realize Walmart's offering goes well beyond its physical stores.

If anything, the kerfuffle over the Wirkin shows that Walmart's marketplace ambitions have reached a key milestone, attracting a level of viral attention in league with existing titans like Amazon and eBay.

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Myka Stauffer, the YouTuber who placed her adopted son with a new family, is the subject of a docuseries. Here's where she is now.

key art for an update on our family, a max documentary series. it shows a woman with blonde hair and the side of a man, depicted in a grainy youtube play window
"An Update On Our Family."

HBO

  • Myka Stauffer was a family YouTuber who chronicled her adoption of a child with medical needs from China.
  • She and her husband faced backlash in 2020 when they said they were placing their son with a new family.
  • Now, Myka is the subject of a new docuseries. Here's where she is today.

In May 2020, parenting YouTubers Myka and James Stauffer posted a video that would change their life.

In the since-deleted video titled "an update on our family," the Stauffers said that their son Huxley, whom they had adopted from China in 2017, had "a lot more special needs" than they had initially been aware of. After pursuing treatment and consulting medical professionals, the Stauffers said that they had made the decision to place Huxley with a "new forever family" who would be better able to care for him. Before deleting their channel, it had over 700,000 subscribers.

The Stauffers faced backlash online for their decision, as well as criticism that they had profited from content about Huxley's adoption before placing him with a new family. Fabletics, Kate Hudson's athletic wear brand, as well as other brands including Chili's and Big Lots cut ties with Myka.

Now, the Stauffers β€” and the family vlogging ecosystem at large β€”Β are the subject of the documentary series "An Update on Our Family." The series, which premiered at the Tribeca Film Festival in 2024, will air on HBO and Max starting January 15. It examines Huxley and the Stauffer family's story and the family vlogging ecosystem in which they existed.

Here's what we know about where Myka Stauffer is today.

Myka Stauffer left social media and hasn't posted since 2020

On June 24, 2020, Myka posted a statement to her Instagram account addressing the controversy around Huxley. In it, she said that she was "naive, foolish, and arrogant," and wished that she had been more prepared when she and her husband adopted him.

"I wanted to help so bad I was willing to bring home any child that needed me," she wrote.

Myka also said in the statement that she and James did not "adopt a child to gain wealth," writing that revenue from their videos featuring Huxley was put back into his care.

"We love Huxley and know that this was the right decision for him and his future," she said. "Praying that Huxley only has the best future in the entire world."

Since then, Myka has not publicly posted on her main Instagram account. Her personal YouTube channel and the family's channel, The Stauffer Life, have been deleted.

While Myka no longer posts online, James maintains his car detailing channel Stauffer Garage.

Myka and James' lawyers, Thomas Taneff and Taylor Sayers, told People in 2020 that the Stauffers had consulted medical and education professionals while caring for Huxley.

"Over time, the team of medical professionals advised our clients it might be best for Huxley to be placed with another family," they said.

The Stauffer family did not participate in 'An Update on Our Family'

The Stauffer family, who The Columbus Dispatch reported lives in Columbus, Ohio, did not participate in "An Update on Our Family."

Executive producers Rachel Mason and Rachel Knudsen told Business Insider that they attempted to reach the Stauffers multiple times while making the docuseries.

"We wanted them to participate, and also understand them not reaching back out to us," Knudsen told BI.

"We trust that their decision is their decision, and what's best for their family," she continued.

Email addresses that appeared to be associated with Myka Stauffer and the email address associated with James Stauffer's YouTube channel did not immediately respond to BI's request for comment.

"An Update On Our Family" premieres on HBO and Max on January 15 at 9 p.m. ET/PT and will air for three weeks.

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I'm a lifelong skier. There are 6 mistakes I always see beginners make on the slopes.

The author and family in a blizzard
I've been skiing for years, and there are a few common mistakes I suggest beginners avoid at ski resorts.

Amanda Yen

  • I'm an experienced skier who has been to more than a dozen ski resorts around the world.
  • I often see beginners make mistakes like holding up lines, tailgating, and zooming down slopes.
  • Wearing proper gear and being aware of your surroundings can enhance your skiing experience.

As an unathletic kid, I dreaded "going skiing" because it really meant slogging through ski school while my parents hit the slopes.

I started ski school before I started actual school, and for years, I was much better in the classroom than on the slopes.

Now, as a (much more athletic) adult skier with years of experience, I've been lucky enough to travel beyond my home base in Lake Tahoe to ski resorts in Utah, Colorado, the Canadian Rockies, and the French Alps.

Ski resorts have an etiquette system that can be difficult to grasp, and I've seen beginners make the same mistakes over and over, no matter where I am.

If you're a newcomer at a ski resort but you don't want to seem like one, here are some mistakes to avoid:

Holding up the line

If you're traveling in a group, wait until everyone is present before you all enter the chairlift line together. Don't try to save a spot for your friend β€” it's rude to other parties who are ready to get on the lift.

If you need to make boot or gear adjustments, do these before you get in line. Don't block the line's entrance.

At most resorts, lift lines funnel from many lanes into one main artery that feeds the chairlift. If there's no lift operator queueing groups, you have to merge lanes by alternating groups. Be mindful of when it's your turn and when you should let someone else go ahead.

Tailgating

It's annoying when someone steps on the back of your shoe while you're walking. However, it's even worse when someone does that to you while you have big metal slats hooked to your 8-pound boots.

When you're queueing up for the lift, leave just enough space between the tips of your skis and the next person's.

You wouldn't drive bumper-to-bumper, and you don't need to ski like that either.

Hands holding ski poles and view of someone ahead of him skiing
Don't ski too close to the person ahead of you.

Andrew Bret Wallis/Getty Images

Poorly planning your dismount from the lift

Good lift etiquette continues at the top of the hill on the dismount.

Coordinate with others on your chair to figure out which direction you're going when you get off. This can help you avoid a collision if you need to cross paths with another person on your chair.

Once you get off the chair, keep moving so the people behind you have a clear runway to exit.

Not staying in your lane

Once you advance past beginner techniques like "pizza" and "french fry," you need to make more parallel turns to ski down a hill safely.

Avoid zooming straight down the trail, which is how you can lose control.

On busier trails, it's safest to make your turns in a chosen section of the slope. Stick to one side of the trail rather than using its entire width to leave enough room for other skiers.

Picking a bad mid-mountain rest stop

Whatever you do, don't stop in the middle of the trail β€” that's like parking in the center lane of a highway.

Just like you would on a freeway, pull onto the shoulder instead. When you know you need to hit a stop, get to the side of the trail so the other skiers won't have to swerve around you.

Then, when you're ready to get back on the slopes, look uphill for anyone making their way down toward you. I usually wait for a break in the traffic β€” when there are very few skiers uphill of me β€” before I hop back on the trail.

In general, downhill skiers have the right of way because they can't see you coming behind them. It's your responsibility as the uphill skier to ensure you won't crash into them.

Not wearing the right outfit and gear

There are no fashion faux pas in skiing, but I would caution against those tight designer ski suits some people like to wear. They feel impractical for a sport that involves a fair amount of falling and bending over.

On the slopes, you should also wear bright colors and avoid wearing white. This can help other skiers see you coming, thus avoiding unnecessary collisions.

I also swear by wearing helmets. Most of the times I've taken bad falls have been on flat ground β€” it's easy for even the most experienced skier to catch an edge and lose their balance.

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The 'Daredevil: Born Again' trailer proves it will be the most violent MCU offering yet. Here's what we know about the series.

A man wearing a red mask with horns, in a red and black costume.
Charlie Cox in "Daredevil" season three.

Netflix/Marvel Entertainment

  • Charlie Cox returns to play Matt Murdock in "Daredevil: Born Again."
  • The new series sees him face off with a creepy serial killer called Muse from the comics.
  • He also has to contend with Kingpin.

Charlie Cox is returning to "Daredevil: Born Again" as the blind lawyer-turned-vigilante Matt Murdock, several years after the Netflix "Daredevil" series was axed.

"Born Again" continues Murdock's story as an attorney trying to help the poorer citizens of New York by day, and fighting crime as a vigilante with enhanced senses by night.

It's an exciting project for fans, who mounted a #SaveDaredevil campaign when Netflix canceled the show after its third season in 2018.

But in 2022, Marvel got the rights back to Daredevil and the other "The Defenders" characters β€” including Jessica Jones, Luke Cage, Iron Fist, and The Punisher.

Cox even made a crowdpleasing cameo as Murdock in "Spider-Man: No Way Home," offering legal guidance to Peter Parker (Tom Holland) when his secret identity is revealed to the world.

He also had a memorable appearance in "She-Hulk" episode eight as Jennifer Walters' love interest.

Now, Cox and some of the cast from the Netflix era are returning in "Daredevil: Born Again." Here's everything we know about the series.

The first trailer for "Daredevil: Born Again" introduces the serial killer, Muse.

The "Daredevil: Born Again" trailer sees Murdock reuniting with his archenemy, Kingpin (Vincent D'Onofrio). It appears that they've found a frosty stalemate following their bloody feud in the Netflix series.

Alongside brutal action scenes, the trailer introduces Muse, a serial killer who paints murals using the blood of his victims.

Muse debuted in the 2016 comics by Charles Soule and Ron Garney. The killer made an impression on fans because he used blood from 100 missing people to create horrific art murals in New York.

An illustration of a topless pale man wearing a black hat with blood dripping from his eyes down to his chest, standing on a rooftop with a neon sign that says "Hotel" behind him.
Muse in the "Daredevil" comics.

Marvel Entertainment/Ron Garney

His brutal methods make him a real threat to Daredevil. He also has the ability to draw in any sensory information about himself, which makes it difficult for Daredevil to rely on his heightened hearing during combat.

Marvel fans previously got a look at "Daredevil: Born Again" when it shot on location in New York.

A man in a red suit with black detailing, black boots, and a red mask with horns on it attached to two wires. He's standing next to another man holding a pistol in a dark blue balaclava and a black outfit with a leather harness.
Charlie Cox on set dressed as Daredevil next to Wilson Bethel dressed as Bullseye.

METROPOLIS/Bauer-Griffin/Getty Images

Photos showing Cox in his new Daredevil costume surfaced online in February 2024 alongside Wilson Bethel as Benjamin Poindexter, also known as the villain, Bullseye.

This confirms that Daredevil will face off with Bullseye again after their brutal conflict in "Daredevil" season three.

The trailer also included a brief appearance from Jon Bernthal as Frank Castle, also known as The Punisher. He starred in Daredevil season two before getting his own Netflix solo series which ran for two seasons until 2019.

"Daredevil: Born Again" will be released on Disney+ in March 2025.

A man in a gray suit and a white shirt wearing red glasses.
Charlie Cox as Matthew Murdock in "Spider-Man: No Way Home."

Marvel Studios/Disney

The "Daredevil: Born Again" trailer confirmed that the series starts streaming on Disney+ on March 4, 2025.

The show was originally due to have 18 episodes, but Marvel overhauled the project in October 2023 and condensed the season to nine, according to TV Line.

Cox leads the "Daredevil: Born Again" cast, which includes Jon Bernthal, Deborah Ann Woll, and Elden Henson.

Five people standing on stage holding microphones.
Charlie Cox, Jon Bernthal, Deborah Ann Woll, Elden Henson, and Vincent D'Onofrio onstage at D23.

Jesse Grant/Getty Images for Disney

Some of the returning cast appeared onstage at D23 2024, where it was confirmed that Deborah Ann Woll and Elden Henson are returning to play the lawyers Karen Page and Foggy Nelson, respectively. And Bernthal and D'Onofrio will reprise their roles as Frank Castle and the Kingpin.

It's reassuring for fans that the core cast of the Netflix "Daredevil" series is returning. This ensures that the series is part of the Marvel Cinematic Universe and that this isn't just a reboot.

When speaking to Entertainment Weekly, D'Onofrio confirmed that "Born Again" directly references previous storylines.

"There are storylines that reach back to the original series. Where our characters are coming from, where we are, and where we're going, some of those threads lead back," he said.

Woll echoed his sentiment and added: "What the characters went through still exists, that's still part of who they are, it's just that now we're catching up with them at a different point in their lives."

In a separate interview with Rotten Tomatoes, D'Onofrio also suggested that "Daredevil: Born Again" will be just as violent as the Netflix series.

He said: "There are some things on this show that we go much further with than we did the original show. There's one thing in particular that my character does that I can't believe made it into the cut."

Also in the cast are Ayelet Zurer as Kingpin's wife, Vanessa Fisk, Margarita Levieva as Murdock's love interest, Heather Glenn, and Kamar de los Reyes as another vigilante called White Tiger.

Read the original article on Business Insider

I tried Trader Joe's $7 dupe for Summer Fridays' $24 lip butter balm. The cheaper product really surprised me.

tubes of lip butter balms from trader joe's and summer fridays
Trader Joe's sells a two-flavor pack of lip butter balms that some say are a dupe for Summer Fridays'.

Meredith Schneider

  • I compared Summer Fridays' lip butter balm to its supposed dupe from Trader Joe's.
  • Trader Joe's package came with almost twice the product for less than half the price.
  • They were so similar that I'd rather save money by getting the Trader Joe's balm.

Summer Fridays is perhaps best known for its viral lip butter balm. The non-sticky formula has been praised in beauty publications and on TikTok since 2020, and it's supposed to leave a glassy, glossy look.

Unfortunately, it costs $24 a tube, which is a little too much for me to regularly spend on lip balm.

Luckily, as a professional makeup artist, I have found plenty of so-called dupes on the market that use similar ingredients and formulas but cost less. One that recently caught my eye is Trader Joe's two-flavor pack of lip butter balm for $7.

To see how similar the products really are, I bought both and put them to the test.

Owning a balm from Summer Fridays made me feel fancy.
summer fridays' sweet mint lip butter balm
Summer Fridays lip butter balm has become a bit of a status symbol in the beauty world.

Meredith Schneider

To pick up my Summer Fridays balm, I headed to Sephora.

There's something luxurious about purchasing skincare and makeup products at high-end retailers, and I enjoyed perusing the varieties of balms on the shelf.

The brand's lip butter balm comes in eight shades/scents: vanilla, sweet mint, pink sugar, iced coffee, vanilla beige, brown sugar, cherry, and poppy.

I went with sweet mint, mostly because it sounded similar to a variety Trader Joe's offers. It also seemed to be the most neutral shade of the bunch, so I thought it would make for a good, fair comparison.

I paid $24 for a 0.5-ounce tube.

Trader Joe's, however, gave me a better deal right off the bat.
trader joe's lip butter balm duo pack
Trader Joe's lip set comes with two smaller tubes.

Meredith Schneider

As a grocery store, Trader Joe's was a less luxurious, more hectic environment.

However, these lip balms were super convenient to buy since I was already there buying groceries.

I paid $7 for 1.04 ounces of product in two varieties (each 0.5 ounces): vanilla mint and brown sugar.

Far and away, Trader Joe's has the better deal on balm. When broken down, Summer Friday's balm costs $48 an ounce, and Trader Joe's is about $6.73 an ounce.

The packaging looked similar.
summer fridays and trader joe's lip butter balms next to each other
I focused on comparing the sweet-mint and vanilla-mint tubes.

Meredith Schneider

Both balms came in matte, mint-green squeeze tubes, which I found aesthetically pleasing.

However, Summer Fridays' packaging is slightly thinner, creating a longer tube, and has a contrasting white cap.

Despite the subtle size difference, they both fit easily into small pockets, which is a high priority for me when it comes to lip balms.

They both smelled the same to me.
trader joe's vanilla mint lip butter balm
Although the scent names were different, they smelled the same.

Meredith Schneider

The minty balms from Trader Joe's and Summer Fridays smelled very similar to me. In fact, I couldn't tell them apart in a blind smell test.

For both products, I liked the added kick of sweetness to mellow out the tingly mint sensation.

Even the core ingredients are the same.
composite image of the ingredient lists on the boxes of summer fridays and trader joe's lip butter balms
It was really hard to find major differences between the balms.

Meredith Schneider

When I glanced at the back of each box, I didn't notice much variance in the balms' formulas. This is especially true for the first-listed ingredients, which typically make up the largest part of a product's makeup.

When I asked dermatologist Toral Vaidya about the formulas, she said that some of the shared ingredients β€” shea butter, tocopherol (vitamin E), and sodium hyaluronate β€” make both products similarly effective for hydration.

"Shea butter is a moisturizing agent rich in fatty acids that helps nourish the lips, and vitamin E is an antioxidant that has skin-protecting qualities and also helps the skin retain moisture," she told BI. "Sodium hyaluronate is a humectant and skin-conditioning agent that helps hydrate the lips."

Both tubes had a smooth application.
meredith applying summer fridays' lip butter balm
I liked the slanted angle of the applicator.

Meredith Schneider

I was able to smoothly apply Summer Fridays and Trader Joe's balms on my bare lips and on top of other products for a glossy finish.

The applicators on both tubes had similar divots that seemed to form the shape of my lips as I used them, which I loved.

The only difference I noticed was that Summer Fridays' formula felt slightly thicker.

The products are both great, but I'd rather save my money and get the dupe.
hand holding trader joe's and summer fridays' lip butter balm
Since the products are so similar, I'll likely only repurchase the cheaper Trader Joe's lip balm.

Meredith Schneider

I used each balm for a total of three days, leaving some time between for the fairest comparison.

My lips felt similarly hydrated the entire time, and both products showed noticeable improvement in healing my chapped lips.

I found myself applying the Summer Fridays formula less frequently than Trader Joe's balm, but that could've been due to the difference in my schedule those weeks. I was out and about in the cold more while testing the latter.

I completely understand why people rave about Summer Fridays' balm, especially if they've found a signature shade or scent they can't part with. However, when it comes to the basic clear formula, I really couldn't tell the difference between the products.

I'd rather save some money and repurchase the two-pack dupe from Trader Joe's.

Read the original article on Business Insider

Democrats urge Trump nominees to keep the IRS's free direct-tax-filing tool, touting it as a DOGE-friendly program

Sen. Elizabeth Warren, Treasury Secretary nominee Scott Bessent, and Sen. Chris Coons
Sens. Elizabeth Warren and Chris Coons (right) sent the letter to two Trump nominees, including Scott Bessent (center).

Tom Williams/CQ-Roll Call via Getty Images; Nathan Posner/Anadolu via Getty Images; Bill Clark/CQ-Roll Call via Getty Images

  • Some Republicans have urged Trump and his nominees to kill the IRS's free direct-tax-filing tool.
  • Sens. Elizabeth Warren and Chris Coons are urging them to keep it.
  • They said the program fits the bill of one of DOGE's reported goals.

As some Republicans urge President-elect Donald Trump to kill the IRS's free direct-tax-filing tool, Democrats are attempting to preserve it.

In a letter to the Treasury secretary nominee, Scott Bessent, and the IRS commissioner nominee, Billy Long, Democratic Sens. Elizabeth Warren of Massachusetts and Chris Coons of Delaware touted what they see as the benefits of the program.

"Direct File is making the process of interacting with the government more efficient, a goal we all can agree on," Warren and Coons wrote in a letter exclusively provided to Business Insider. Twenty-two other senators and 113 House members, all Democrats, also signed on.

The duo also said the program "fits the bill" of a program that's reportedly being explored by Elon Musk and Vivek Ramaswamy's "Department of Government Efficiency": a mobile app to allow Americans to file their taxes directly to the IRS for free.

"The Direct File pilot program has proved that it is efficient, cost effective, user friendly, and secure β€” a pilot program that already meets the DOGE leaders' goals," the senators wrote, adding that, as Musk and Ramaswamy have said, "Americans deserve a simple and free way to meet their tax obligations online."

The program, enabled by the 2022 passage of the Inflation Reduction Act, launched in 12 states last year and is set to expand to 13 more states this year. More than 140,000 have filed their federal tax returns via the program, according to the IRS.

The direct-file tool is designed to make filing taxes easier and simpler. Historically, many Americans have had to spend significant amounts of time on tax preparation or pay money to private services like TurboTax.

"Most Americans have simple tax returns, yet filing is still arduous and frustrating," the senators wrote. "The complexity of the tax code makes it difficult for average Americans to ensure they get it right, while also protecting their sensitive financial and personal data."

Last month, 29 House Republicans sent a letter to Trump urging him to kill the program via executive order as soon as day one of his presidency. They cast the tool as an example of the "weaponization of government," saying it gave too much power to the IRS.

It's not clear how the incoming Trump administration will approach the program, and the Trump-Vance transition did not immediately respond to a request for comment for this story.

Read the original article on Business Insider

People thought the CEO of RedNote was welcoming them to the app. Turns out he's just a guy from Vancouver.

Dani and Jerry, who accidentally went viral with their welcome message on Rednote
Jerry was surprised at his unexpected viral fame when people thought he was RedNote's CEO.

fakeceorealgf/TikTok

  • A man from Vancouver caught people's attention because they thought he was RedNote's CEO.
  • Jerry welcomed new users who had been flocking to the app ahead of a potential TikTok ban.
  • People got a bit carried away, and it became a viral case of mistaken identity.

Americans flocking to the Chinese app RedNote thought the platform's CEO had left them an encouraging message.

Turns out, he wasn't the CEO. He's just a guy from Vancouver.

Jerry, who shares a RedNote account with his girlfriend Dani that has about 31,000 followers, posted a video on January 13.

In the video he welcomed US users who had been signing up ahead of a possible ban on TikTok. He said the app, also known as Xiaohongshum, was mainly Chinese-speaking, and it was a place people mainly used for finding restaurants and sharing lifestyle content such as makeup videos.

"But do feel free to speak English and post English content because I believe there are a lot more English-speaking people on this platform nowadays," Jerry said. "We need to build this community."

Mistaken identity

For reasons that aren't entirely clear, some users assumed Jerry was RedNote's CEO.

His video got reposted on TikTok, and the rumor quickly spread around the platform. People thanked him for welcoming them with open arms while the potential TikTok ban loomed.

Jerry's video was also mentioned at the end of a Fox 5 New York news segment about the ban threat.

"The CEO of RedNote even made a video welcoming new users who speak English to the app, and he also encouraged them to never stop sharing their voice," said Jennifer Williams, a sports reporter for FOX 5 News.

On Tuesday, Jerry and Dani, on their TikTok account FakeCEORealGF, tried to clear up the confusion. In the video, Dani showed Jerry what had happened, and he responded with disbelief.

"Guys, I'm not the RedNote CEO, just to be clear," Jerry said.

"I'm just another normal guy in Vancouver," he added. "I didn't expect this post to go viral like this, and thank you for all the comments, but I want to clarify that I'm not the CEO of RedNote."

Jerry said all the points he made were still true, and he hoped new users enjoyed the platform.

Dani, who is Chinese and grew up in North America, and Jerry, who was born in Shanghai and moved to Canada a decade ago, said they had enjoyed watching Chinese and American cultures merge on RedNote.

"Guys, I hope you guys aren't mad at us," Dani said. "We're really sorry for any misunderstandings this caused."

TikTokers who made the error joked in the comments that Jerry had been promoted.

"We married the first guy to be nice to us," one viewer wrote. Another said: "He said 'welcome' and we said 'THE CEO?!?!'"

Others remarked on Jerry's American accent, remarking, "We have to start using critical thinking skills."

Jerry and Dani and Fox 5 New York did not immediately respond to requests for comment from Business Insider.

@fakeceorealgf

Hey guys! It’s really us - we woke up to find that apparently Jerry went viral as the accidental CEO of red note so we recorded this reaction/clarification video to diffuse the confusion πŸ˜‚ He is flattered but also very embarrassed by how this misunderstanding came about. We decided to reupload this video natively on TikTok (this is our only account) to spread the word - if you see this video, please help us share it for the people πŸ˜‚ From Jerry: I stand by what I saw in my original welcome video. For all the TikTok refugees coming over to Red Note, we stand with you all to make your voice heard! I am flattered by all the kind and polite comments and hope the TikTok refugees find a new home and friends to discover a new side of Chinese culture and community β€οΈβ€οΈπŸ‡¨πŸ‡³ #rednote #rednoteceo #tiktokrefugee #xiaohongshu #xhs #littleredbook #redbook #rednotemigration #rednotewelcome #accidentalceo #tiktok #china

♬ original sound - FakeCEORealGF

TikTok faces a January 19 deadline to comply with a divest-or-ban law requiring its US operations to be sold. It remains unclear what the ramifications of the bill could be.

Creators have been highly critical of the ban, saying their small businesses and livelihoods will be destroyed. Black creators, who were instrumental in the platform's growth, could be significantly affected.

Element of trolling

In response, TikTok users have been considering their options and downloading alternative apps,Β including Lemon8Β and RedNote. Both haveΒ rapidly climbed theΒ app download charts in recent days.

The influx to RedNote has beenΒ helping some of its users learn English, BI reported this week.

There's also an element of trolling going on. Frustrated about losing a valuable resource for their income and ability to mobilize, TikTokers are leaning into downloading other Chinese apps to send a message.

A major criticism of the potential TikTok ban is that it is hypocritical. Many claim it focuses heavily on one app while leaving alone other tech companies such as Meta, which owns Instagram.

Read the original article on Business Insider

I spent 2 nights in a 2 story, 100-square-foot tiny home in Germany that was smaller than any I've seen in the US

Cylindrical homes on a flat property with buildings in the background
Business Insider's reporter stayed at a cylindrical tiny home hotel in Germany and was impressed by its smart use of the 100-square-foot space.

Joey Hadden/Business Insider

  • I stayed in a cylindrical tiny home hotel in Germany during a European train trip in 2022.
  • The 106-square-foot home made smarter use of space than any tiny home I've seen in the US.
  • The European tiny home was two stories and less than half the size of the US tiny homes I've booked.

I love how tiny homes creatively use small spaces. Living in NYC for the last six years, I've rented some cramped apartments.

So, I often book tiny home accommodations when I travel to get some ideas for space-saving hacks I could implement in my own dwelling.

From Florida and Maryland to Canada and Switzerland, I've stayed in several tiny Airbnbs around the world.

ButΒ none of those homes used indoor space as smartly as thisΒ tiny home hotel in Germany, whichΒ I found on Airbnb back in 2022.

I was looking for tiny stays in Germany when I found one with a unique, cylindrical shape that packed a lot inside, so I booked it for two nights for $140.
Several cylindrical homes on a flat property with grass on the left and gravel on the right
The tiny home hotel in Germany.

Joey Hadden/Business Insider

The Airbnb was part of a tiny home hotel in Neustrelitz, Germany, called Slube. The company designs minimal concrete "Slubes" for up to two people.

There are three types of Slubes: Basic, which is one story; Home, which is two stories; and Tower, which adds a rooftop terrace. I booked a Home Slube.

It was less than half the size of any tiny home I'd stayed in before.
The author's accommodation at the hotel.
The reporter's accommodation at the hotel.

Joey Hadden/Business Insider

At 16 feet tall, the tiny home with two floors was 106 square feet.

I checked in with a code sent to my phone rather than a physical key.
The author in front of her slube with a seemless check-in process.
The reporter in front of her Slube with a seamless check-in process.

Joey Hadden/Business Insider

When I arrived by train from the airport in Berlin, I didn't see any employees on the property.

I was confused at first, but then I checked my email. I had a message from Slube informing me I'd be staying in room five and could check in by myself.

Inside, the 53-square-foot bottom level had a bathroom on the right, a sitting area on the left, and a ladder to the second floor.
The first floor of the tiny home.
The first floor of the tiny home.

Joey Hadden/Business Insider

The sitting area had a foldout table. When I wasn't using it, I could push it into the wall to save space.

Across from a foldout table was a bench with two seat cushions instead of a couch.

Beneath the benches, there was enough space for me to store luggage.

This tiny home utilized more vertical space than those I've seen in the US.
The author's coats hang in the Airbnb.
The reporter's coats hanging in the Airbnb.

Joey Hadden/Business Insider

There were hooks and storage cubbies above the bench, so I stored all of my clothing and toiletries on the first floor.

I was impressed by the amenities packed into such a small room.
A composite image of the author sitting at a table and The coffee corner on the first floor.
The coffee corner on the first floor.

Joey Hadden/Business Insider

In the back right corner of the sitting area, there was a nook of built-in shelves storing a small coffee machine, a hair dryer, and a few dishes.

The bathroom felt efficiently designed.
The bathroom inside the tiny home.
The bathroom inside the tiny home.

Joey Hadden/Business Insider

There was a curtain separating the shower head and sink from the toilet and storage space.

Even with two windows, I felt I had enough privacy.
Windows in the tiny home.
Windows in the tiny home.

Joey Hadden/Business Insider

The first-floor windows had a film over most of the glass, which allowed me to let natural light in without sacrificing my privacy.

After checking out the first level, I headed up the ladder to the bedroom.
A view from the top of the ladder.
A view from the top of the ladder.

Joey Hadden/Business Insider

I thought it was easy to climb but could be challenging for some.

There was a latched gate at the top of the ladder, which I imagine was built to keep people safe from falling.

Knowing I was securely fastened into the bed area made falling sleeping easier.

The bedroom was the same size as the living space and bathroom combined β€” 53 square feet.
A white fenced-in bed with a window on the right
A peek inside the bedroom.

Joey Hadden/Business Insider

A comfy, full-size bed covered the floor space. The pillows had the ideal ratio of fluff to firmness for my neck and head.

Above the bed, a TV equipped with Netflix and other streaming services was mounted on the wall.
The tv in the tiny home's bedroom.
The TV in the tiny home's bedroom.

Joey Hadden/Business Insider

Before bed, I watched some of my favorite shows.

On the far side of the bed, I used the lower platform as a nightstand.
A composite image of outlets by the bed in the tiny home.
Outlets by the bed in the tiny home.

Joey Hadden/Business Insider

It had easily accessible outlets, a pocket for the TV remote, and more space for my electronics and water bottle.

Above the bed, a large window opened so I could let the breeze into my room.
A view out the bedroom window.
A view out the bedroom window.

Joey Hadden/Business Insider

It had a black-out curtain for privacy and early morning light.

The Slube also had smart electricity that made my stay feel a little luxurious.
Smart controls on the author's phone.
Smart controls on the reporter's phone.

Joey Hadden/Business Insider

I controlled the lights and temperature of each story from my phone.

I found it fascinating that this tiny home truly left no space unused, from the loft bed to the wall cubbies.
A composite image of the author standing in front of a cylindrical home and sitting inside the home looking up a ladder
The reporter enjoys her stay in the European tiny home.

Joey Hadden/Business Insider

While I can't stick a second story into my own rental, the European tiny home still gave me inspiration for how I could make better use of my space, starting with vertical storage hacks.

Read the original article on Business Insider

In Larry Fink's 100th earnings call, the BlackRock CEO spoke about private markets and retirement — but not his own

BlackRock CEO Larry Fink on TV
BlackRock CEO Larry Fink.

John Lamparski/Getty Images

  • Wednesday's BlackRock earnings call was CEO Larry Fink's 100th.
  • The firm went public in 1999 when it was still known primarily as a fixed-income manager.
  • Despite being the world's largest asset manager, the $11.6 trillion firm is looking to grow through its private market strategies.

At least one thing remains the same from when BlackRock went public a quarter of a century ago: Larry Fink's pre-earnings call dinner.

Fink, speaking on his 100th earnings call Wednesday, said β€” despite the many changes to the firm and the world over the past 25 years β€” he has had a bowl of cereal with blueberries the night before each call.

Now, with $11.6 trillion in assets and a record $641 billion in net inflows in 2024, BlackRock is looking toward private markets for its next evolution.

"This just the beginning," Fink said.

The firm hopes to close its acquisition of private credit giant HPS in the second quarter, he said and has already integrated infrastructure investor GIP. Data platform Preqin β€” which BlackRock is set to buy for $3.2 billion β€” will make the private markets more accessible, Fink said, because of its data and analytics capabilities.

Altogether, the biggest opportunity for the firm is taking these strategies downmarket to individual retirement plans and managed account models. Private market players are anticipating that the incoming Trump administration, which has promised a deregulatory push, to allow private equity and credit assets into pension plans such as 401ks.

The ideal portfolio blend, Fink said, is no longer the 60-40 portfolio of stocks and bonds that was the standard for so long. Alternatives are needed to diversify properly, and BlackRock plans to offer them.

There's close to $10 trillion in money-market funds Fink expects will "be put to work" soon, and "income-oriented products" like private credit and infrastructure investments should be at the top of the list.

While he's hoping to get private markets strategies into 401ks, Fink did not address his own potential retirement. Mark Wiedman, a potential successor to Fink, is leaving the asset manager. Fink said on the call that Wiedman's departure was discussed for months and he will stay on through the spring to help with the transition.

"Rob and I are proud of the deep leadership team at BlackRock," he said, referring to firm president Rob Kapito.

He said talent is "the most important thing we invest in each and every year," stating that a new generation of leaders is being developed.

Those new leaders will be the ones who will determine what BlackRock's next 25 years look like and where it will grow next. They just need to be careful not to blink.

"It goes by quick," said Bill Katz, TD Cowen's analyst, on the call, reminiscing about covering BlackRock's IPO.

Read the original article on Business Insider

If you want to land a job this year, get good with AI

A student shakes hands at a job fair
Becoming skilled with AI could help you land a job in 2025.

Alex Slitz/Associated Press

  • AI hiring is rising 30% faster than overall hiring, LinkedIn reports.
  • By 2030, 70% of the skills needed for most jobs will change due to AI, the platform predicts.
  • LinkedIn's COO told BI that fluency with AI will be something that comes up in many job interviews.

If you want to get a new job this year, it might pay to lean into artificial intelligence.

Since last fall, AI hiring has risen 30% faster than overall hiring, new figures from LinkedIn show.

This doesn't just mean being one of the technologists who build AI, though many employers are desperate to find workers with these skills. It can also mean workers comfortable using AI to do their jobs, Daniel Shapero, COO at LinkedIn, told Business Insider.

He said that, in part, that desire reflects a need to have people best positioned to withstand an enormous shift in the workplace.

"There's a feeling from employers that they need to make sure that the workers that they're hiring are up for the changes that are about to occur in the labor market," Shapero said.

Part of the coming shift is underscored elsewhere in the LinkedIn report: By 2030 β€”Β in only five years β€”Β 70% of the skills required for most jobs will change, the company said. That's largely because of AI.

"That's just an indication of how prevalent AI is likely to be across different kinds of jobs," Shapero said.

AI has also only recently become mainstream. ChatGPT was the first major chatbot to burst onto the market, and that was in late 2022. Yet workers who embrace the technology will be most likely to succeed, LinkedIn says.

Employers are expecting AI fluency

The forecast about how much many jobs will change comes years into what's sometimes called the Big Stay, the buttoned-down sequel to the job-hopping that unfolded during the pandemic era. Before the pandemic, LinkedIn said, some workers were adding to their AI skills. Then, during the so-called Great Resignation, many workers didn't feel pressure to tack on abilities because they could often readily change jobs.

Now, years later β€” and with many workers reporting that they feel stuck in their roles β€” adding to their bona fides can seem prudent, Shapero said.

LinkedIn found that the share of jobs listed on the platform that included AI literacy skills jumped more than sixfold in the past year.

Yet, even with that increase, employers are only spelling out their desire for AI literacy in one of every 500 job listings on the platform, LinkedIn found. That's perhaps in part because fluency with AI is becoming an expectation for employers, Shapero said.

"It may not be on the job description, but it's going to be something that shows up somehow in the interview," he commented.

Shapero said one head of recruiting for an employer told him that the No. 1 question they're asking candidates is how they've used AI for work or at home within the past year.

"What they're trying to get at is comfort and fluency and the ability to learn new things and new technologies," he said.

AI will affect "almost every job," Shapero said.

Kelly Mendez-Scheib, chief people officer at Crunchbase, which collects data on companies, told BI that the company is hiring for roles including machine learning engineers and data scientists.

"I'm pretty bullish on AI," she said.

Adding more skills to our profiles

Job seekers appear to feel the need to beef up β€” or at least enumerate β€” their skills.

"People are trying to make sure that they are showcasing what's most attractive about them as a candidate," Shapero said. "And it comes down in many ways to AI skills."

Since 2022, LinkedIn users have increased the rate at which they add skills to their profiles by 140%. This includes so-called soft skills like communication and leadership.

A lot of what employers are after is workers who can marry tech with old-school basics. Communication, for example, was the most in-demand skill in 2024, LinkedIn figures show.

Parminder Jassal, CEO of Unmudl, which focuses on developing workers' abilities through hands-on training, told BI that, in many ways, the ideal is a matchup is AI's power with people's skills and emotional know-how.

"You put that together with AI intelligence, and now you get this super intelligence skillset," she said.

LinkedIn's report found that "leaders and companies understand that AI is the most powerful when collaborative humans surround and lead it."

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