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Share to Twitter Share to Linkedin Succession is off to an awesome start on HBO, breaking viewership records for the show with its Season 1 premiere. Things may be grim for the Roy family, but they’re looking brighter than ever for the show itself. The Season 4 premiere brought in 2.3 million viewers Sunday, up 33% from the Season 3 finale, which drew 1.7 million viewers and held the previous record. The Season 4 premiere was up 62% compared to the Season 3 premiere. The numbers are still well below HBO’s other big 2023 hit, The Last Of Us, which topped out at 8.2 million viewers for the Season 1 finale. Season 4 picks up right after the dramatic conclusion to Season 3 when Logan Roy (Brian Cox) decided to sell Waystar RoyCo without consulting his children, all of whom were desperate to succeed him as boss. Now, Kendall (Jeremy Strong), Roman (Kieran Culkin) and Shiv Roy (Sarah Snook) are doing whatever it takes to get back at their father. After … [Read more...] about ‘Succession’ Season 4 Premiere Breaks Ratings Record On HBO

Share to Twitter Share to Linkedin C how Shing Yuk, a former professional poker player who studied economics at Stanford University, has joined the billionaire ranks, but not because he drew a lucky hand. Over the past decade, Chow, 44, has steadily built Lalamove into a logistics and delivery giant from a base in Hong Kong, backed by the likes of Neil Shen’s Sequoia China and Lei Zhang’s Hillhouse Capital. On Tuesday, Chow’s company, whose formal name is Lalatech Holdings, filed for an initial public offering in Hong Kong that revealed he owns a 25% stake through a family trust. Based on Chow’s stake and proceeds of earlier share sales, Forbes estimates, his net worth to be $2.2 billion, making him a rare startup billionaire in Hong Kong. Lalatech’s last private fundraising was a $230 million Series G round in November 2021, during the startup bubble. According to a report by technology website the Information, that round valued Lalatech at a … [Read more...] about Former Pro Poker Player, Who Founded Asian Delivery Giant Lalamove With His Winnings, Becomes A Billionaire

Inflation concerns among small business owners remained at record highs this quarter, according to a quarterly poll conducted by the U.S. Chamber of Commerce and MetLife released on Wednesday. The first quarter of 2023 was the fifth in a row where inflation was considered the biggest challenge for small business owners, according to the Small Business Index. A record high of 54% reported that, which is a 31-point increase from Q4 2021. “This quarter, small businesses’ concerns over inflation are soaring and their view of the broader economy is darkening, though they still report that their own businesses are in good health,” said Tom Sullivan, Vice President of Small Business Policy at the U.S. Chamber of Commerce. In San Francisco, minimum wage increases are based on the yearly rise in the Consumer Price Index every July 1. “That means my rate jumps from $16.99 to $18.07 or 6.36%,” said Hrag Kalebijan, owner of Henry’s House of Coffee, according to the Index. “The … [Read more...] about Inflation Continues To Plague Small Businesses For Fifth Consecutive Quarter: REPORT

Share to Twitter Share to Linkedin Key takeaways As recession fears mount and interest rates rise, investors are increasingly worried about how a downturn could hit their portfolios One of the worst moves investors can make during a recession is to bail on your portfolio Instead, consider recession-proof products to buoy your portfolio – and even catch the upside as the economy recovers By now, you’re probably tired of hearing about the impending future recession . (And you certainly wouldn’t be alone.) Still, it’s important to prepare yourself emotionally and financially for the possibility. After all, one of the worst moves investors can make is letting a recession catch them unawares and bailing on their portfolios in response. Fortunately, you can circumvent that risk by reviewing your portfolio early and understanding what you risk in a recession. Then, consider whether these recession-proof investments could help stave off the … [Read more...] about Recession-Proof Investments To Buff Your Portfolio

The U.S. President Joe Biden signs the CHIPS and Science Act of 2022, on the South Lawn of the White House in Washington, DC on August 9, 2022. [AFP/YONHAP] The United States is pushing foreign chip makers to disclose sensitive business data, including yield rates, to receive subsidies under the CHIPS and Science Act. Onerous is the requirement that some companies might decide not to apply for funding. The yield rate, the amount of a silicon wafer that is successfully made into dies, is considered a key indicator to determine a chip producer's manufacturing capabilities. It is often confidential. Other required information includes production capacity for each wafer, operation rates, estimated production yields, semiconductor prices on first-year production, annual production figures and the increase or decrease rate of the cost. All of the information need to be submitted as Excel files. It can be used to verify the final numbers and the calculation process, the U.S. … [Read more...] about Korean companies may walk away from CHIPS Act money

What Is Form W-2G: Certain Gambling Winnings? Form W-2G is an Internal Revenue Service document that a casino or other gambling establishment sends to customers who had winnings during the prior year that must be reported as income to the Internal Revenue Service (IRS). Its full title is Form W-2G, Certain Gambling Winnings. The form contains information that the taxpayer needs to file taxes for the year. It includes the total amount of winnings, the date or dates they were won, the type of wager, and how much federal and state income tax has already been withheld. All gambling winnings are taxable but only some gambling winnings are recorded with a Form W-2G. Key Takeaways The IRS requires U.S. citizens to report all gambling winnings as income, whether or not they receive a W2-G. Winnings from gambling, lotteries, and contests all must be reported as "Other Income" on Form 1040. Cash and the cash value of prizes are taxable. State and local taxes may be due on … [Read more...] about Form W-2G: Certain Gambling Winnings, Guide, and Filing How-to’s

Share to Twitter Share to Linkedin Topline HBO dark comedy Barry is ending after Season 4, co-creator Bill Hader told Variety in an interview published Tuesday, on the heels the announcements of what will be the final seasons of two other popular and critically-lauded series, Succession and likely Ted Lasso . Key Facts The final season of Barry will air on April 16, Hader told Variety . Hader said when he and co-creator Alec Berg were writing the season, “a very clear ending presented itself,” and “it really does feel like it’s the right time to finish the show.” Ted Lasso , a beloved AppleTV+ comedy, will most-likely end after Season 3 airs starting in March, creator Jason Sudeikis said on Wednesday. Sudeikis told Deadline that Season 3 “is the end of this story that we wanted to tell, that we were hoping to tell,” and later clarified to Entertainment Weekly that though a series finale has been written, he doesn’t … [Read more...] about ‘Barry’ Ending After Season 4, Amid Strew Of ‘Peak TV’ Finales Including ‘Succession’ And Likely ‘Ted Lasso’

Daqo New Energy Corp., a maker of silicon and polysilicon products used primarily in solar energy applications, tops the list of stocks offering the best value in the tech sector heading into April. In the growth category, 3D printing firm Nano Dimension Ltd. leads the way, while chip testing provider Aehr Test Systems is the tech stock with the most momentum. In March, the U.S. Federal Reserve raised interest rates for the ninth time in a year. The latest increase comes in the midst of a banking crisis triggered by the collapse of tech-friendly Silicon Valley Bank and Signature Bank. Since tech companies are sensitive to higher interest rates, stocks in the sector have struggled throughout the Fed's anti-inflation campaign. Tech stocks, represented by the Technology Select Sector SPDR Fund ( XLK ), lost a tenth of their value in the past year, compared with a 14% drop in the Russell 1000 Index. Despite the challenging environment, the companies listed here are leading the … [Read more...] about Top Tech Stocks for April 2023

Ajay Banga, the former CEO of Mastercard that President Joe Biden has nominated to head the World Bank, told Axios Wednesday that both the bank and the private sector needed to spend “trillions” to combat both climate change and poverty. Banga has been aggressively campaigning for the job, meeting with officials from 37 different governments in the past three weeks, Axios reported . The World Bank faces competing pressure from wealthy and developing countries over whether to focus on combating climate change or poverty mitigation, but Banga said he does not view the two goals as inherently opposed to one another. (RELATED: Major Banks Bend The Knee To Climate Activists, Accelerate Plans To Cut Coal Investments) “I think it’s a fallacious argument that says, either-or,” Banga said to Axios. “I have every intention of focusing the bank and its people on the idea that this is an intertwined challenge.” The efforts to combat both climate change and poverty would cost … [Read more...] about Biden’s World Bank Pick Calls For ‘Trillions’ In Climate Spending

Share to Twitter Share to Linkedin There's a famous Mark Twain quote that often captures how I feel when I'm talking with sales colleagues. "What gets us into trouble is not what we don't know," Twain once observed. "It's what we know for sure that just ain't so." Social scientists have given this quote a more formal definition: the Dunning-Kruger effect. It's the phenomenon where those with the least expertise assume they'll excel at something, while those with the most make the opposite assumption. This phenomenon came to mind most recently when talking to a potential client. The client's company is growing rapidly. When I asked about the sales force, he said, "We have two ends and no middle." By that he meant that the team was composed only of older salespeople at the peak of their careers and much younger employees just getting started in the business. This seemed like a potential recipe for success – experienced veterans mentoring a new … [Read more...] about Hey, Salespeople: You’re Probably Wrong A Lot