Matt Maley of Miller Tabak and Gina Sanchez of Chantico Global discuss housing stocks with Seema Mody.
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Travis Kalanick's $37 million NYC penthouse was reportedly the site of a large party...
Former Uber CEO Travis Kalanick. Justin Sullivan/Getty ImagesA large indoor party where guests weren't wearing masks was reportedly held at ex-Uber CEO Travis Kalanick's New York City penthouse in September. In a story featured in New York Magazine's The Cut, writer Cat Marnell describes attending the party, saying there were "tons of people there, and of course no one was wearing a mask." Kalanick did not immediately respond to Business Insider's request for comment on the event, but a representative told The Cut that "he had lent his apartment to a friend and was unaware of the party." Vanity Fair reported earlier this year that Kalanick hosted an outdoor party at his Los Angeles home when such gatherings were restricted due to a surge in coronavirus cases in Southern California. Visit Business Insider's homepage for more stories. A large indoor party full of maskless guests was reportedly thrown at Travis Kalanick's New York City penthouse in September. In a new story from New York Magazine's The Cut, writer Cat Marnell describes being invited to a party at Kalanick's apartment by a friend. When she arrived, she said, "There were tons of people there, and of course no one was
John Cleese, under fire from woke mob, hopes they all 'fry in their own...
British comic legend and Monty Python star John Cleese over the weekend refused to submit to a woke social media mob accusing him of "transphobia" for an old tweet supporting author J.K. Rowling. Cleese, 81, relentlessly and hilariously mocked his accusers, at one point jokingly asking if he was "allowed" to identify as "a Cambodian police woman" if he so desired. The comedian, who has come under fire from woke Twitter before and has vigorously defended free speech each time, was accused of standing in solidarity with "transphobia" after a Twitter user reposted one of Cleese's tweets from September in which he told his followers he signed a letter of solidarity with Rowling. Transgender activists on the left have frequently directed their outrage at Rowling because of her criticism of transgender political demands for any man who identifies as a woman to be allowed in bathrooms or changing rooms reserved for natal women and girls. Cleese, by supporting Rowling, was by extension accused of "standing in solidarity with transphobia and discrimination." What would you like me to tell, Mr Joughin ?
GM recalls 5.9 million vehicles to replace Takata air bags
General Motors will recall 5.9 million vehicles with potentially dangerous Takata air bag inflators after a US safety agency said Monday it had rejected the Detroit automaker’s petition to avoid the callback. The National Highway Traffic Safety Administration said GM must recall the 2007-2014 model year trucks and SUVs because the inflators “are at risk of the same type of explosion after long-term exposure to high heat and humidity as other recalled Takata inflators.” GM has estimated in securities filings it would cost $1.2 billion if it were required to replace air bag inflators it had sought to avoid fixing. The company had argued the recalls were unnecessary because they did not pose a safety risk. GM said Monday it still believed “a recall of these vehicles is not warranted based on the factual and scientific record.” The company said it “will abide by NHTSA’s decision and begin taking the necessary steps.” The defect, which leads in rare instances to air bag inflators rupturing and sending potentially deadly metal fragments flying, prompted the largest automotive recall in US history of about 63 million inflators. Worldwide, about 100 million inflators by 19 major automakers were recalled. The recall includes some Cadillac
The Big Cheese Launches With New E-Commerce Website To Sell Its Premium 12- To...
PLYMOUTH, Wis., Nov. 23, 2020 /PRNewswire/ -- Cross that hard-to-shop-for person off your holiday gift list, because who doesn't love cheese? Today, The Big Cheese has made its debut and launched its e-commerce website, offering a premium 12- to...
Saudi Arabia’s STC Pay eyes rapid Gulf expansion after billion-dollar valuation
Saudi arabian flag in Asir province, Abha, Saudi Arabia. Eric Lafforgue/Art in All of Us | Corbis News | Getty Images Saudi Arabia's STC Pay plans to expand its financial services offering across the Gulf region, after achieving a billion-dollar "unicorn" valuation on the back of a deal with Western Union. "We are very proud of becoming the first unicorn in the Kingdom and the first fintech unicorn in the Middle East," STC Pay CEO Ahmed Alenazi told CNBC in an exclusive interview on Monday. STC Pay reached the valuation last week after Western Union, the world's largest money transfer firm, acquired a 15 percent stake for $200 million - giving the burgeoning payments business a value of around $1.3 billion. STC Pay is the digital payment arm of Saudi Arabia's STC Group, the largest telco operator in the Kingdom. "The business opportunity is bigger than money transfers," Alenazi said. STC Pay says it has more than 4 million active users after successfully tapping into rising smartphone and internet penetration across Saudi Arabia, where 70 percent of the population is under the age of 30 and the
