Jim Chanos warns regional banks and commercial real estate may run into trouble. The short seller cautions tighter credit could hit real estate companies, harming their lenders. Chanos views commercial real estate as a “really bad asset” when financing dries…
The US housing market has slowed dramatically over the past year, RH CEO Gary Friedman said. Soaring interest rates have hit housing demand, and the banking fiasco is a fresh blow, he said. Friedman said the outlook is less clear…
An exhibition at Chatsworth House including designers including Michael Anastassiades, Faye Toogood and Formafantasma, features in this video produced by Dezeen for the stately home. Called Mirror Mirror: Reflections on Design at Chatsworth, the exhibition brings together a collection of…
Researchers turned human brain waves into AI-generated pictures of what a person was seeing. Their work is focused on decoding brain activity to understand a person’s thoughts. The experiment, published in November, included dozens of the reference images and the…
Former Starbucks CEO Howard Schultz was offended at being called a billionaire during a Senate hearing. “Yes, I have billions of dollars. I earned it. No one gave it to me,” Schultz said. The Senate on Wednesday probed Starbucks’ treatment…
This week, Donald Trump has repeatedly claimed that he can solve the Ukraine war in 24 hours. Former Secretary of State Mike Pompeo said he has no idea what Trump is talking about. Pompeo may be one of Trump’s challengers…
Elon Musk revealed on Tuesday that he eats a donut every morning for breakfast. “I eat a donut every morning. Still alive,” Musk tweeted. He joins Nancy Pelosi, Donald Trump and other tech moguls known for their curious eating habits.…
Several US troops, including Navy SEALs, have died in parachuting accidents over the past decade. Despite the danger, parachuting is a valuable method to put forces on the ground for important missions. LoadingSomething is loading. Thanks for signing up! Access…
Starbucks is “one of the best, if not the best, first job in America,” former CEO Howard Schultz said. Schultz made the comment in testimony before Congress Wednesday. Senators and employees at the hearing challenged Schultz on Starbucks’ anti-union tactics.…
Lawmakers grilled former Starbucks CEO Howard Schultz on the company’s alleged anti-union practices. Sen. Bernie Sanders persuaded Schultz to testify after threatening to subpoena him. Starbucks workers and former employees also testified before the panel. LoadingSomething is loading. Thanks for…
