Trump renews call for Russia to join G-7 group

WASHINGTON — President Donald Trump renewed calls Tuesday to readmit Russia to the G-7 ahead of the global group of industrialized nations’ summit in Biarritz, France, this weekend. I think it’s much more appropriate to have Russia in and it should be the G-8,” Trump said, referencing the U.S.-led role in suspending Russia’s involvement with the group. “So I could certainly see it being the G-8 again,” Trump added, noting that the group frequently discusses issues concerning Russia. Trump previo


WASHINGTON — President Donald Trump renewed calls Tuesday to readmit Russia to the G-7 ahead of the global group of industrialized nations’ summit in Biarritz, France, this weekend. I think it’s much more appropriate to have Russia in and it should be the G-8,” Trump said, referencing the U.S.-led role in suspending Russia’s involvement with the group. “So I could certainly see it being the G-8 again,” Trump added, noting that the group frequently discusses issues concerning Russia. Trump previo
Trump renews call for Russia to join G-7 group Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-20  Authors: amanda macias
Keywords: news, cnbc, companies, russia, ukraine, join, president, group, annexation, g7, g8, summit, renews, trump, france


Trump renews call for Russia to join G-7 group

US President Donald Trump meets Russian President Vladimir Putin on the first day of the G20 summit in Osaka, Japan on June 28, 2019.

WASHINGTON — President Donald Trump renewed calls Tuesday to readmit Russia to the G-7 ahead of the global group of industrialized nations’ summit in Biarritz, France, this weekend.

The group once known as the G-8 included the U.S., Canada, the U.K., France, Italy, Germany, Japan and Russia — but was cut down to the G-7 in 2014 following Russia’s illegal annexation of Crimea.

“I’ve gone to numerous G-7 meetings, and I guess President Obama, because Putin outsmarted him, President Obama thought it wasn’t a good thing to have Russia in so he wanted Russia out. I think it’s much more appropriate to have Russia in and it should be the G-8,” Trump said, referencing the U.S.-led role in suspending Russia’s involvement with the group.

“So I could certainly see it being the G-8 again,” Trump added, noting that the group frequently discusses issues concerning Russia.

Russia’s annexation of Crimea from Ukraine sparked international uproar and triggered a series of sanctions to be placed on Moscow. Shortly after the annexation, a war broke out in eastern Ukraine between government forces and Russian-backed separatists.

The G-8 will be hosted by French President Emmanuel Macron in Biarritz, France, Aug. 24-26. The group meets annually to discuss issues from world energy policy to international security.

Trump previously said Russia should be reinstated to the group as he departed for last year’s summit, held in Canada.

“Russia should be in this meeting,” Trump told reporters before boarding Marine One for the summit. “They should let Russia come back in, because we should have Russia at the negotiating table.”


Company: cnbc, Activity: cnbc, Date: 2019-08-20  Authors: amanda macias
Keywords: news, cnbc, companies, russia, ukraine, join, president, group, annexation, g7, g8, summit, renews, trump, france


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Gates Foundation snaps up top Apple Health researcher to run a new digital health group

Apple’s Dr. Andrew Trister is headed to the Bill & Melinda Gates Foundation for a first-of-its-kind role to invest in digital health ventures that aim to have a global impact. Trister, who joins the foundation this week, was among the first employees to get recruited to Apple’s health team, alongside the renowned medical researcher Stephen Friend. Trister joined Apple in a special projects role in 2016, according to LinkedIn, shortly after Apple launched its smartwatch and before it announced pl


Apple’s Dr. Andrew Trister is headed to the Bill & Melinda Gates Foundation for a first-of-its-kind role to invest in digital health ventures that aim to have a global impact. Trister, who joins the foundation this week, was among the first employees to get recruited to Apple’s health team, alongside the renowned medical researcher Stephen Friend. Trister joined Apple in a special projects role in 2016, according to LinkedIn, shortly after Apple launched its smartwatch and before it announced pl
Gates Foundation snaps up top Apple Health researcher to run a new digital health group Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-09  Authors: christina farr
Keywords: news, cnbc, companies, researcher, gates, foundation, digital, projects, snaps, research, technologies, apple, trister, apples, health, role, medical, run, group


Gates Foundation snaps up top Apple Health researcher to run a new digital health group

Apple’s Dr. Andrew Trister is headed to the Bill & Melinda Gates Foundation for a first-of-its-kind role to invest in digital health ventures that aim to have a global impact.

Trister, who joins the foundation this week, was among the first employees to get recruited to Apple’s health team, alongside the renowned medical researcher Stephen Friend. Trister joined Apple in a special projects role in 2016, according to LinkedIn, shortly after Apple launched its smartwatch and before it announced plans to move into the medical space in a big way.

Trister has not yet announced his new role publicly, but confirmed the new gig in an interview with CNBC.

Health tech has been a major focus for Apple, with CEO Tim Cook predicting that health would become Apple’s “greatest contribution to mankind”. But the health group has lost some significant talent in recent years: Anthem hired Apple’s Warris Bokhari as a vice president of digital care delivery last month; Robin Goldstein, who worked in health special projects, left for self-driving start-up Zoox last fall; Anil Sethi left Apple to start his next health-tech company in 2018; and Stephen Friend left Apple late in 2017 to become an independent entrepreneur.

One of Trister’s projects while at Apple came to light this week, when the research was published and presented at an industry conference. It involved researching whether consumer gadgets like smartwatches and sleep trackers could be used to spot early signs of dementia. Eli Lilly and a start-up called Evidation Health partnered with Apple on the research, which was co-authored by Trister.

In his new role as a deputy director of digital health innovation at the Gates Foundation, Trister said he’s looking to work with entrepreneurs in the digital health world that are thinking of taking their technologies from the U.S. to the developing world, where studies are increasingly finding that people have access to smartphones. Or alternatively, to invest in companies or projects working in under-resourced regions, including in the most rural parts of Africa and India.

Broadly speaking, areas of interest for Trister include smartphone technologies for virtual consultations, maternal health, new portable and low-cost diagnostic tools, artificial intelligence, and technologies for health workers. Both for-profit and nonprofit ventures would potentially fit the bill, he said.

“We’re looking to help both consumers and community health workers globally, as we see smartphones playing an increasingly important role,” he said.

Trister didn’t confirm whether he’ll continue the research into smartphone monitoring and dementia in his new role, but he said he remains interested in furthering the research.

Bill Gates has expressed an interest in funding research into Alzheimer’s cures, and joined a coalition of other technology billionaires to fund an affordable test.

Prior to joining Apple, Trister worked as a clinical researcher at Seattle-based Fred Hutchinson Cancer Research Center; as a senior physician at Sage Bionetworks, a nonprofit that specializes in engaging patients in medical research; and as a radiation oncologist at the University of Washington.


Company: cnbc, Activity: cnbc, Date: 2019-08-09  Authors: christina farr
Keywords: news, cnbc, companies, researcher, gates, foundation, digital, projects, snaps, research, technologies, apple, trister, apples, health, role, medical, run, group


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IAC exploring spin-off of Match Group and ANGI Homeservices

IAC said Wednesday it’s exploring a possible distribution of its interests in Match Group and ANGI Homeservices to its shareholders. IAC owns 80% of Match Group, which includes online dating services providers like Tinder, Match, Hinge and OKCupid. IAC also owns 83% of ANGI Homeservices, which holds digital marketplace companies like Angie’s List and Handy. “This isn’t just legalese to preserve IAC’s options with an expected outcome in mind – we sincerely haven’t yet decided what’s best,” Levin


IAC said Wednesday it’s exploring a possible distribution of its interests in Match Group and ANGI Homeservices to its shareholders. IAC owns 80% of Match Group, which includes online dating services providers like Tinder, Match, Hinge and OKCupid. IAC also owns 83% of ANGI Homeservices, which holds digital marketplace companies like Angie’s List and Handy. “This isn’t just legalese to preserve IAC’s options with an expected outcome in mind – we sincerely haven’t yet decided what’s best,” Levin
IAC exploring spin-off of Match Group and ANGI Homeservices Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-07  Authors: megan graham
Keywords: news, cnbc, companies, company, iac, levin, wrote, marketing, exploring, google, search, group, homeservices, shareholders, match, angi, spinoff


IAC exploring spin-off of Match Group and ANGI Homeservices

IAC said Wednesday it’s exploring a possible distribution of its interests in Match Group and ANGI Homeservices to its shareholders. IAC shares rose as much as 6% in after-hours trading before settling on a slight gain.

In a letter to shareholders that coincided with the company’s June quarter earnings release, IAC CEO Joey Levin said the company was considering spinning out the two publicly traded subsidiaries, but that “we don’t yet know where that process will lead” and said it may ultimately choose to spin off both, one or neither company.

IAC owns 80% of Match Group, which includes online dating services providers like Tinder, Match, Hinge and OKCupid. IAC also owns 83% of ANGI Homeservices, which holds digital marketplace companies like Angie’s List and Handy.

“This isn’t just legalese to preserve IAC’s options with an expected outcome in mind – we sincerely haven’t yet decided what’s best,” Levin wrote. “But given the heightened interest in the topic among shareholders, we thought it appropriate to keep you apprised of our thinking before any more formal evaluation process is underway, and since that will commence shortly we decided to include that information in this update.”

This isn’t the first time IAC has made a move like this: More than a decade ago, IAC said it was spinning off HSN, Ticketmaster, Interval and LendingTree as separate publicly traded companies.

Levin said in the note that since the company is always evaluating the configuration of its portfolio, the exploration of the separation of Match and ANGI isn’t “really ‘news'”

“But given the healthy prospects for those businesses, we’re taking a fresh look at whether each business is prepared for separation from the IAC mothership, and expect to reach a conclusion in the coming months,” Levin wrote.

In a section about ANGI Homeservices, Levin wrote that the business is “big, healthy, growing business that’s a clear leader in an enormous category and gaining market share.” But the segment is behind where IAC wants it to be because of a “combination of issues around marketing and an increasingly tight supply of service professionals in certain categories.”

Those marketing issues included what Levin said was an unanticipated increase in the cost of customers from Google, its largest source of traffic. He wrote that free and paid customers from Google account for just under 40% of service requests, but along with Google devoting more page real estate to Google products. He said another recent issue was ANGI “tripping over [its] own feet” in terms of Google’s ecosystem.

“When we cut spend in 2018 due to the tidal wave of consumer demand from the integration with Angie’s List, we lost the rhythm on our search engine marketing spend and turned our attention to other areas,” Levin wrote. “This became all too apparent midway through the quarter when Google released a change that resulted in a pronounced shift of clicks from free to paid, and we weren’t prepared to absorb it. As a result, users arriving to our properties through Google’s unpaid search results were down from the prior year, while users arriving through paid search results were up substantially, but considerably more expensive.”

Levin wrote that the decreased marketing efficiency will be a drag on this year’s figures, but said the company is adjusting and replacing its search engine marketing systems with “strong early results.” The company is also focusing on pre-priced services, since it has seen that its service professionals using on-demand products like “instant book” see higher win rates and retention.


Company: cnbc, Activity: cnbc, Date: 2019-08-07  Authors: megan graham
Keywords: news, cnbc, companies, company, iac, levin, wrote, marketing, exploring, google, search, group, homeservices, shareholders, match, angi, spinoff


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Vivendi in talks to sell 10% of Universal Music Group to Tencent

Vivendi is in talks to sell a 10% stake in its prized and lucrative Universal Music Group (UMG) to Chinese tech group Tencent, the French media conglomerate said on Tuesday. Vivendi said the deal would give UMG a preliminary equity valuation of 30 billion euros ($33.6 billion) and that Tencent would have an option to buy a further 10% of UMG. UMG is the world’s biggest music label ahead of Sony Music Entertainment and Warner Music, and is home to artists such as Lady Gaga, Taylor Swift, Drake an


Vivendi is in talks to sell a 10% stake in its prized and lucrative Universal Music Group (UMG) to Chinese tech group Tencent, the French media conglomerate said on Tuesday. Vivendi said the deal would give UMG a preliminary equity valuation of 30 billion euros ($33.6 billion) and that Tencent would have an option to buy a further 10% of UMG. UMG is the world’s biggest music label ahead of Sony Music Entertainment and Warner Music, and is home to artists such as Lady Gaga, Taylor Swift, Drake an
Vivendi in talks to sell 10% of Universal Music Group to Tencent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-06
Keywords: news, cnbc, companies, umg, umgs, universal, process, group, music, vivendi, tencent, billion, start, stake, sell, talks


Vivendi in talks to sell 10% of Universal Music Group to Tencent

Vivendi is in talks to sell a 10% stake in its prized and lucrative Universal Music Group (UMG) to Chinese tech group Tencent, the French media conglomerate said on Tuesday.

Vivendi said the deal would give UMG a preliminary equity valuation of 30 billion euros ($33.6 billion) and that Tencent would have an option to buy a further 10% of UMG.

UMG is the world’s biggest music label ahead of Sony Music Entertainment and Warner Music, and is home to artists such as Lady Gaga, Taylor Swift, Drake and Kendrick Lamar.

Vivendi, controlled by billionaire Vincent Bollore, is seeking to cash in on the growing public thirst for subscription and ad-based music streaming services, which have propelled UMG’s profits over the last four years.

“Together with Tencent, Vivendi hopes to improve the promotion of UMG’s artists, with whom UMG has created the greatest catalogue of recordings and songs ever, as well as identify and promote new talents in new markets,” Vivendi said in a statement.

Vivendi first told markets it would sell part of UMG a year ago but had made little progress until announcing last month that it had selected investment banks to start a formal sale process of a minority stake, which should be finalised by the start of next year.

Investment banks have estimated the business to be worth anything between 17 billion to 44 billion euros.

Vivendi also said on Tuesday that it was continuing the process to sell further minority stakes in UMG to other partners.


Company: cnbc, Activity: cnbc, Date: 2019-08-06
Keywords: news, cnbc, companies, umg, umgs, universal, process, group, music, vivendi, tencent, billion, start, stake, sell, talks


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These wealthy investors are trimming their stock holdings

Wealthy investors are trimming their stock positions, amid anxiety around a trade war and instability in Washington. Members of TIGER 21, an investment club for high-net-worth individuals, reduced their stock allocation to 21% from 22% during the second quarter, according to the group’s quarterly report. TIGER 21, a group of about 700 people with at least $10 million to invest, stands for The Investment Group for Enhanced Results in the 21st Century. “They are concerned about the fact that the m


Wealthy investors are trimming their stock positions, amid anxiety around a trade war and instability in Washington. Members of TIGER 21, an investment club for high-net-worth individuals, reduced their stock allocation to 21% from 22% during the second quarter, according to the group’s quarterly report. TIGER 21, a group of about 700 people with at least $10 million to invest, stands for The Investment Group for Enhanced Results in the 21st Century. “They are concerned about the fact that the m
These wealthy investors are trimming their stock holdings Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-06  Authors: darla mercado
Keywords: news, cnbc, companies, tiger, instability, holdings, 21, washingtonmembers, washington, stock, wealthy, trimming, investment, war, investors, group


These wealthy investors are trimming their stock holdings

Wealthy investors are trimming their stock positions, amid anxiety around a trade war and instability in Washington.

Members of TIGER 21, an investment club for high-net-worth individuals, reduced their stock allocation to 21% from 22% during the second quarter, according to the group’s quarterly report.

TIGER 21, a group of about 700 people with at least $10 million to invest, stands for The Investment Group for Enhanced Results in the 21st Century.

“They are concerned about the fact that the markets were priced to perfection; they thought they reached real highs,” said Michael Sonnenfeldt, founder of TIGER 21.

“At the same time there are these looming black swans, this China situation, Russia and North Korea, the political instability in Washington,” he said. “When you add them up, they’ve been feeling increasingly nervous.”


Company: cnbc, Activity: cnbc, Date: 2019-08-06  Authors: darla mercado
Keywords: news, cnbc, companies, tiger, instability, holdings, 21, washingtonmembers, washington, stock, wealthy, trimming, investment, war, investors, group


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Match Group earnings Q2 2019: Tinder adds 1.5 million subscribers

Online dating services provider Match Group forecast third-quarter sales above estimates and reported better-than-expected second-quarter revenue on Tuesday, as its popular app Tinder attracted more users. The app reported 5.2 million average subscribers in the quarter, 1.5 million more than last year. Match now expects to add over 1.6 million average subscribers in 2019, above the 1 million the company had forecast earlier. The company forecast third-quarter revenue between $535 million and $54


Online dating services provider Match Group forecast third-quarter sales above estimates and reported better-than-expected second-quarter revenue on Tuesday, as its popular app Tinder attracted more users. The app reported 5.2 million average subscribers in the quarter, 1.5 million more than last year. Match now expects to add over 1.6 million average subscribers in 2019, above the 1 million the company had forecast earlier. The company forecast third-quarter revenue between $535 million and $54
Match Group earnings Q2 2019: Tinder adds 1.5 million subscribers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-06  Authors: matthew j belvedere
Keywords: news, cnbc, companies, tinder, adds, 15, group, app, forecast, thirdquarter, revenue, subscribers, q2, earnings, 2019, match, company, million, average


Match Group earnings Q2 2019: Tinder adds 1.5 million subscribers

Match Group’s Tinder dating application is on an Apple iPhone.

Online dating services provider Match Group forecast third-quarter sales above estimates and reported better-than-expected second-quarter revenue on Tuesday, as its popular app Tinder attracted more users.

The app reported 5.2 million average subscribers in the quarter, 1.5 million more than last year.

Tinder, which has made “swipe left” and “swipe right” a point of pop culture conversations, grew its subscriber base manifold with new launches.

Tinder’s lighter app version, Tinder Lite, was launched in the quarter on Android platforms in a few South-east Asian and South American countries.

The company also launched two new features Read Receipts and Super Boost for its premium Tinder Gold and Plus subscribers on iOS platform. Read Receipts allows a person to see if their match on the app has seen their messages, while Super Boost gives a person more visibility.

Average subscribers at June-end rose 18% to 9.1 million.

Match now expects to add over 1.6 million average subscribers in 2019, above the 1 million the company had forecast earlier.

The company forecast third-quarter revenue between $535 million and $545 million, significantly above expectations of $521 million, according to IBES data from Refinitiv.

Match said it sees adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of $200 million to $205 million, above estimates of $202.1 million.

Revenue for the three months ended June 30 rose about 18% to $498 million, above expectations of $489 million.

Net earnings attributable to shareholders fell to $128 million, or 43 cents per share, from $132.5 million, or 45 cents a year ago.

Excluding effects of foreign exchange, Match’s average revenue per user was up 5% at $0.60.


Company: cnbc, Activity: cnbc, Date: 2019-08-06  Authors: matthew j belvedere
Keywords: news, cnbc, companies, tinder, adds, 15, group, app, forecast, thirdquarter, revenue, subscribers, q2, earnings, 2019, match, company, million, average


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Bed Bath and Beyond is trying to save itself from extinction

The list is long, but suggested fixes include reducing the clutter in Bed Bath and Beyond stores, which customers currently find confusing, messy and tough to shop. It also involves buying products directly from overseas manufacturers rather than the U.S.-based middlemen Bed Bath and Beyond sources most of its products from. Bed Bath and Beyond still has a reason to exist, say many analysts who follow the company. Shares fell from a closing price of $16.92 on March 26, when the group announced i


The list is long, but suggested fixes include reducing the clutter in Bed Bath and Beyond stores, which customers currently find confusing, messy and tough to shop. It also involves buying products directly from overseas manufacturers rather than the U.S.-based middlemen Bed Bath and Beyond sources most of its products from. Bed Bath and Beyond still has a reason to exist, say many analysts who follow the company. Shares fell from a closing price of $16.92 on March 26, when the group announced i
Bed Bath and Beyond is trying to save itself from extinction Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-02  Authors: robert ferris
Keywords: news, cnbc, companies, save, bath, price, long, company, group, extinction, cut, products, shares, bed, closing, trying


Bed Bath and Beyond is trying to save itself from extinction

Not long ago, Bed Bath and Beyond was a go-to spot for home goods, but its troubles over the last few years have left investors wondering whether the retailer still has a future and what that will look like.

Recently shaken up by three activist investment groups, the company has revamped its board and is searching for a new CEO. It is also taking steps to stabilize sales, cut costs, review its portfolio and cut its workforce.

The investor group, made up of Legion Partners, Macellum Capital Management and Ancora Advisors, has said the company can right itself and restore value to shareholders with new leadership and by bringing the company in line with the best practices already seen in more successful retailers.

The list is long, but suggested fixes include reducing the clutter in Bed Bath and Beyond stores, which customers currently find confusing, messy and tough to shop. It also involves buying products directly from overseas manufacturers rather than the U.S.-based middlemen Bed Bath and Beyond sources most of its products from.

Bed Bath and Beyond still has a reason to exist, say many analysts who follow the company. But it still has a long road ahead of it.

Over the last 12 months, shares of the company have fallen more than 50%. Things have not improved since the activists got involved. Shares fell from a closing price of $16.92 on March 26, when the group announced its stake, to a closing price of $9 on Aug. 1. Bed Bath and Beyond has a market cap of $1.1 billion.


Company: cnbc, Activity: cnbc, Date: 2019-08-02  Authors: robert ferris
Keywords: news, cnbc, companies, save, bath, price, long, company, group, extinction, cut, products, shares, bed, closing, trying


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Talk money with your friends — it might just improve your finances

“The goal is to get more women to use their financial power,” McElhaney said, “and we do have financial power.” Interest in personal finance has been on the rise, with an accompanying spike in websites and experts on the subject. Many personal finance or investing groups and websites are male-centric. “In some online circles, there isn’t a lot of conversation about the wage gap or why women might not be investing,” McElhaney said. “Talking about personal finance and education is a big gap that I


“The goal is to get more women to use their financial power,” McElhaney said, “and we do have financial power.” Interest in personal finance has been on the rise, with an accompanying spike in websites and experts on the subject. Many personal finance or investing groups and websites are male-centric. “In some online circles, there isn’t a lot of conversation about the wage gap or why women might not be investing,” McElhaney said. “Talking about personal finance and education is a big gap that I
Talk money with your friends — it might just improve your finances Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-02  Authors: jill cornfield
Keywords: news, cnbc, companies, friends, money, financial, improve, mcelhaney, finance, arreola, talk, women, personal, group, online, investing, talking, finances


Talk money with your friends — it might just improve your finances

LaraBelova | E+ | Getty Images

For a taboo subject, a lot of people like talking about money. Like-minded friends are an obvious choice, but you can also find your community online. People join weight loss and exercise groups because they know it’s easier to stick to those goals when you have company. It also makes you accountable. If it’s just you, you can backslide pretty easily, because who’s going to know? Whether it’s in person or online, a community of peers can be a great way to sharpen your financial skills. Talking about money with people you know has pros and cons, says Nicholas Arreola, chief behavioral scientist and analytics officer at CLS Investments in Omaha, Nebraska. More from Invest in You:

Rent or buy refurbished so you can truly invest

Make 5 tweaks to summer spending to be richer this fall

You’ll probably regret that timeshare and car payments Venting to a friend can release bottled-up financial anxiety, says Arreola. It can also help you gain clarity and perspective. Arreola’s own generation — “dare I say the ‘M word’?” he said — is well known for its high levels of student loan debt. He took comfort in commiserating with close friends from college about the challenge. “I [can] end up walking away with tips and tricks for paying down this debt and feeling in control of it,” Arreola said. Just keep an eye out for sketchy information or people who filter their comments in order to preserve the relationship. “Put simply, your friends or family may hold back good advice that you need to hear — the cold hard truth — in order to avoid confrontation or conflict,” Arreola said.

Women and money

It’s not always as easy for women to find their community, though, says Alicia McElhaney, 25, a business reporter who lives in Brooklyn, New York. McElhaney started She Spends — a website and newsletter — to help women grow more comfortable with finance. “The goal is to get more women to use their financial power,” McElhaney said, “and we do have financial power.” As noted on the She Spends site, women make up nearly half the labor force and hold more advanced degrees than men. The site gives women and nonbinary people the tools to close the gaps in wages, investing and board seats. Interest in personal finance has been on the rise, with an accompanying spike in websites and experts on the subject. But McElhaney says it still takes more time to find information directed at women. Many personal finance or investing groups and websites are male-centric. “In some online circles, there isn’t a lot of conversation about the wage gap or why women might not be investing,” McElhaney said. And in some online forums, such as several financial independence, retire early (FIRE) communities, discussion of gender issues and the wage gap is banned, according to McElhaney.

P2P learning

If you’re a little afraid of the top experts, take heart. “When you hear, ‘I’m doing X-Y-Z with my finances and now I’m a millionaire!’ that really is intimidating,” said McElhaney. Learning from your peers or from people who look and talk like you — instead of lofty financial experts — has a lot to offer. The heart of McElhaney’s mission is in the She Spends Facebook group. “Talking to people who are one or two steps ahead of you, that can really help,” McElhaney said. Members tend to look after each other, McElhaney says, especially when they have similar goals. “Having someone check in is hugely helpful,” she said.

Group members exchange information and advice on budgeting software, investing in retirement accounts, index funds and exchange-traded funds and personal finance tracking apps. Jordan Kifer, 28, is delighted to be more of a financial resource to other women. “Talking about personal finance and education is a big gap that I think is in the process of being filled,” she said. “It’s nice to see women self-educating and passing [that knowledge] on.” A woman asked the group for advice on whether she should apply for a promising job. “I don’t have every single box checked,” she said. The group pressed her to apply, and she did. She got the job, a 10% higher salary than originally offered, as well as a better title than offered because the group encouraged her to negotiate.

‘The questions started pouring out’


Company: cnbc, Activity: cnbc, Date: 2019-08-02  Authors: jill cornfield
Keywords: news, cnbc, companies, friends, money, financial, improve, mcelhaney, finance, arreola, talk, women, personal, group, online, investing, talking, finances


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For $26,000, you can buy a home on Amazon complete with a kitchen and bath

For just shy of $26,000, you can buy a tiny home with a bathroom and kitchen delivered to you by — who else — Amazon. The Amazon listing suggests a range of ways owners can use the tiny house, from home office to retail space. In the U.S., these tiny homes are more frequently lived in by families, whereas they’re popular as dormitories in Germany, Yin says. Interest in downsizing your home has been growing in recent years thanks in part to a number of television shows documenting the trend: HGTV


For just shy of $26,000, you can buy a tiny home with a bathroom and kitchen delivered to you by — who else — Amazon. The Amazon listing suggests a range of ways owners can use the tiny house, from home office to retail space. In the U.S., these tiny homes are more frequently lived in by families, whereas they’re popular as dormitories in Germany, Yin says. Interest in downsizing your home has been growing in recent years thanks in part to a number of television shows documenting the trend: HGTV
For $26,000, you can buy a home on Amazon complete with a kitchen and bath Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-01  Authors: catherine clifford
Keywords: news, cnbc, companies, 26000, space, tiny, pekkala, buy, homes, house, kitchen, bath, group, wzh, amazon, complete, sells, small


For $26,000, you can buy a home on Amazon complete with a kitchen and bath

If the time and money that go into buying and maintaining a house feel draining, you could always downsize.

For just shy of $26,000, you can buy a tiny home with a bathroom and kitchen delivered to you by — who else — Amazon.

Chinese company Hebei Weizhengheng Modular House Tech Co. (WZH Group), which is headquartered near Beijing, sells the 20-by-40-foot insulated, expandable container home on Amazon, which comes with solar energy panels, for $24,800, plus $1,000 in shipping.

All homes made by WZH Group are built so owners can wire them for electricity, but some also offer solar panels as an option, Ada Yin, who sells modular homes with WZH Group, tells CNBC Make It.

The kitchen and bathroom are simple, but functional. Photo courtesy WZH Group.

Yin says WZH Group has “sold many homes” in the U.S., Australia, Canada and Germany. The Amazon listing suggests a range of ways owners can use the tiny house, from home office to retail space. In the U.S., these tiny homes are more frequently lived in by families, whereas they’re popular as dormitories in Germany, Yin says.

A rendering of the layout of the container home, which can expand to make more space.The key to tiny home living is not collecting extra “stuff” and keeping the space clean and tidy at all times. Layout rendering courtesy WZH Group.

Interest in downsizing your home has been growing in recent years thanks in part to a number of television shows documenting the trend: HGTV has two series, “Tiny House Hunters ” and “Tiny House, Big Living, ” and A&E”s “Tiny House Nation ” is in its fifth season. A February 2018 poll from the National Association of Home Builders found 63% of millennials would consider buying a tiny home, which is defined as less than 600 square feet. Only 45% of baby boomers and 29% of seniors felt the same, the survey finds.

One reason people turn to the tiny home life is to be more environmentally responsible, says Ryan Mitchell, the managing editor and owner of The Tiny Life, an informational website about living in small homes. Mitchell, himself, lives in 150-square-foot house that he built by himself in 2012. Small homes are more “green” than their larger neighbors because they use less material to build and require fewer resources to power and maintain.

Mitchell says he’s saved $100,000 in rent since moving into his tiny home, and he enjoys a simpler, more eco-friendly lifestyle.

Another reason tiny homes have been capturing headlines recently is they are relatively inexpensive and available on Amazon. The “media blitz” has been nice, says Robin Pekkala, a spokesperson for Allwood, an eco-friendly online retailer that sells a number of tiny, small and mid-sized cabin kits. But the homes themselves are not new: Allwood has been selling the wooden cabin kits since 2012, Pekkala tells CNBC Make It.

The Allwood cabin kit arrives in parts — wood, windows, doors and hardware — and needs to be assembled. If a customer wants to add electricity or plumbing that has to be done separately, Pekkala says.

Some of Allwood’s structures are not made to be homes. The Solvalla model, which sells for $7,350 (with free shipping) on Amazon is more of an enclosed outdoor space. “[It’s] way too small to add anything and we don’t recommend doing so,” Pekkala says of the structure that includes just 86-square-feet of interior space.


Company: cnbc, Activity: cnbc, Date: 2019-08-01  Authors: catherine clifford
Keywords: news, cnbc, companies, 26000, space, tiny, pekkala, buy, homes, house, kitchen, bath, group, wzh, amazon, complete, sells, small


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‘Facebook is at the point of no return’: These 17-year-olds are very clear about what they love and hate about social media

So, I’m quite conscious of people watching what I post,” she told CNBC. “When I first got social media, my parents made sure I did that and now, it’s just grown on me,” he told CNBC. Two teams were tasked with creating an ad campaign to warn younger teens of the dangers of social media, before presenting them to a judging panel. But at the moment he’s unlikely to use social media to promote his acting, he said. Advertising is an accepted part of social media, but it wasn’t always obvious to the


So, I’m quite conscious of people watching what I post,” she told CNBC. “When I first got social media, my parents made sure I did that and now, it’s just grown on me,” he told CNBC. Two teams were tasked with creating an ad campaign to warn younger teens of the dangers of social media, before presenting them to a judging panel. But at the moment he’s unlikely to use social media to promote his acting, he said. Advertising is an accepted part of social media, but it wasn’t always obvious to the
‘Facebook is at the point of no return’: These 17-year-olds are very clear about what they love and hate about social media Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-31  Authors: lucy handley
Keywords: news, cnbc, companies, facebook, dont, instagram, media, point, social, love, hate, told, clear, snapchat, group, tanjia, 17yearolds, return


'Facebook is at the point of no return': These 17-year-olds are very clear about what they love and hate about social media

Generation Z has never known a world without the internet, smartphones and social media and their behavior is a constant source of fascination for companies who want to understand how to reach them with the next big thing. The group — often described as being aged between around 8 and 22 years-old — rarely watch TV, use WhatsApp for communicating with their parents, sometimes “ghost” job offers, and are courted by the likes of Snapchat, Instagram and YouTube for their attention. Some are really not fans of Facebook despite the firm’s attempts to win teens back to the platform. According to a group of 17-year-olds CNBC spoke to, Gen Z can be pretty private on social media but aren’t always sure when they’re shown ads on apps. Tanjia is studying math, economics and history at high school and mainly uses Snapchat, Instagram and Twitter, keeps her location private and only accepts people she knows as friends or followers. “If I take a photo near home, I don’t tag it (in) those areas and stuff like that. So, I’m quite conscious of people watching what I post,” she told CNBC. Emil, studying math, French and politics, also keeps his Instagram private, although he rarely posts. “When I first got social media, my parents made sure I did that and now, it’s just grown on me,” he told CNBC. “I don’t want to say I grew out of it but that’s sort of what it felt like happened. I stopped caring, basically, about likes,” he added.

Students took part in a week’s work experience at London advertising agency Isobel, in July 2019

The teenagers spoke to CNBC after a week at London ad agency Isobel, which runs a summer school program for students. Two teams were tasked with creating an ad campaign to warn younger teens of the dangers of social media, before presenting them to a judging panel. Tanjia’s team cautioned children not to share their location on social media with the tagline “Your World is Theirs,” while the second group encouraged youngsters to “Pull the Plug on Online Hate.” While none of the students wanted to speak publicly about cyber-bulling, they were very aware of it, according to Isobel Managing Partner Jamie Williams. “They knew all about it, whether that’s happened to them or their friends … there were themes that were very relevant,” he told CNBC by phone. As 17-year-olds, the risks appear to be more about blowing a job prospect than staying safe. “What you post can affect how you work when you’re older … But when you’re younger, it’s more about being careful for yourself,” Tanjia said.

Likes concern

There was a concern about validation too. “I wouldn’t want to want to post a picture and people’s reactions to be (negative), even if they’re not responding or anything, I don’t want the idea that these people were thinking ‘Oh, God, what did he just post?’ or anything like that,” Emil said. This is a key topic for Instagram, which announced this month that it is expanding its trial to hide like counts and video views in Australia, Brazil, Canada, Ireland, Italy, Japan and New Zealand. Head of Instagram Adam Mosseri said hiding like counts is one way to make the social network “a less pressurized environment.” Deniss, who wants to be an actor, told CNBC he “doesn’t care” who follows him on Instagram, and mainly uses Snapchat to communicate, although won’t accept contact requests from people he doesn’t know. But at the moment he’s unlikely to use social media to promote his acting, he said. “I don’t want to use social media to provoke popularity. So if I become popular, people may choose to follow me,” he added.

Deniss prefers to use Russian social network VKontakte (or VK, similar to Facebook) to chat with friends in Latvia and Russia as well as to listen to music. Advertising is an accepted part of social media, but it wasn’t always obvious to the group when they were seeing ads. Instagram Stories for example, features “native” ads that look like posts from accounts people follow, which can be confusing, Tanjia said. “Sometimes they show ads in between. The same one as how you’d watch a normal story. Sometimes I don’t realize that’s not a person’s account … it’s like subconsciously (an ad).” All three use Snapchat to chat with friends regularly, while WhatsApp is for group conversations or messages from parents, “as they don’t have anything else.” As for Facebook? “Most of us have it, we just never use it,” Tanjia said. “It’s not our thing.” They are aware that Facebook owns Instagram and WhatsApp. “I think it’s kind of sad when they do more things like … Facebook Stories is the same as Instagram Stories and Snapchat Stories … (Facebook is) just trying to copy everything that they already own,” Tanjia added. Facebook is just not cool, Emil stated. “Our generation is quite ‘brand-y.’ We are obsessed (with brands) and we’re like sheep, we just flock to whatever seems the coolest. And Facebook is at the point of no return.” Williams agreed. “When I ask if they’re on Facebook, they would look at me as if they had barely ever heard of it,” he said. As well as gaining insights into how Generation Z uses social media, the program at Isobel is an opportunity for the ad industry to reach a more diverse group of people as the students were from a variety of backgrounds, Williams added. “Ultimately, we’re trying to engage consumers right across the U.K. with the brands that we work with, and representing society within our agency, within our industry, is important.”


Company: cnbc, Activity: cnbc, Date: 2019-07-31  Authors: lucy handley
Keywords: news, cnbc, companies, facebook, dont, instagram, media, point, social, love, hate, told, clear, snapchat, group, tanjia, 17yearolds, return


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