• I almost threw my mom’s engagement ring into her grave. I felt it belonged with her, but now I’m glad I didn’t.

    Casket of the dead, with flowers from family and acquittances on the cover, laid to final rest on the ground during burial ceremony
    The author was tempted to throw her mom's engagement ring with her casket at her funeral.

    • My father gave me my mother's engagement ring at her funeral.
    • I wanted to throw it into her grave. My brother stopped me.
    • I still don't like wearing jewelry, but I'm glad I kept this heirloom.

    My mother adored jewelry and never understood why I, her only daughter, refused to wear any. I wouldn't get my ears pierced and preferred my wrists, neck, and fingers bare.

    We did, however, share an interest in fashion. So, I made it a point to find the perfect black dress, hat, and heels to wear to her funeral. Crying in the June heat, my mascara mixing with tears, I watched mourners shoveling dirt into the grave. Suddenly, my father was by my side, taking my hand like when I was little.

    He pressed something into my palm and folded my fingers around it, saying, "You should have this."

    My dad wanted me to have my mother's ring

    When he let go, I glanced down. I immediately recognized my mother's engagement ring. Lying on its side, the platinum band with its pointy diamond seemed lost. Mom was always proud of it and loved getting compliments. Her wedding band had been stolen years prior in a home burglary.

    "Sometimes my fingers swell," she explained. "I'll always regret taking it off."

    I stared into the crystal-clear gemstone as if a flower was blooming inside. I was mesmerized.

    Close up of vintage diamond ring
    The author now wears her mom's engagement ring.

    There was a lull in the shoveling, and it got quiet. I walked to the edge of the open graveside and whispered, "I love you Mom," one last time. As if on cue, I caught the sun's rays dancing off the angular surfaces of the sparkling gem.

    I really wanted to throw it into her grave

    I stood there just long enough to attract my brother's attention. "Are you alright?" he asked. "Do you want to shovel some soil?"

    The urge to throw the ring into my mother's grave grew stronger. It felt like it was burning a hole in my palm — like it wanted to be with her.

    "Look what Dad gave me," I showed him. "But it really belongs with Mom."

    As my arm pulled back, my brother took hold of my elbow. "You don't want to do that."

    "Watch me," I thought as I yanked away. Then I paused and took a deep breath. I didn't want to cause a scene or upset anyone. My arm relaxed as I shook off my childish defiance.

    The ring came home with me.

    I kept it but wasn't sure what to do with it

    Aside from my aversion to wearing jewelry, the ring scared me. The diamond stood out, and it looked valuable, so I put it in a safe deposit box.

    Locking up the ring always felt wrong. But there it sat, alone where no one could see it, for years.

    One day, during a visit with my father, he mentioned their engagement. His memory was slipping, and Dad forgot I had the ring. He thought it had been stolen, too. "All I have left is this," he said, handing me the original receipt from 1953.

    I had never thought about his feelings. He'd picked that ring out, slid it onto my mother's finger, and proposed. Dad was 30. His career in aerospace just starting. Mom was 22. They met in New York and moved to Los Angeles, where she died of ovarian cancer at 64 — far too young.

    Today it sits on my ring finger — sometimes left, sometimes right. I also wear a ruby and diamond gold band. It's another piece of jewelry I never wanted, but my husband gave it to me while we were dating, and it became my wedding ring when we tied the knot.

    While I still don't like how they feel on my skin, I love what these jewels symbolize in my life. And I'm certain my mother would be pleased to see me wearing bling that belonged to her finally.

    Read the original article on Business Insider
  • Elon Musk dropped his Open AI lawsuit, but he isn’t done with Sam Altman and the AI race yet

    Elon Musk (left) and Sam Altman (right).
    Elon Musk (left) and Sam Altman (right).

    • Elon Musk withdrew his lawsuit against OpenAI and its CEO, Sam Altman, on Tuesday. 
    • Musk accused OpenAI of violating its nonprofit mission when he filed the lawsuit in February. 
    • But dropping the case doesn't mean that Musk is burying the hatchet with Altman just yet.

    Elon Musk might have withdrawn his lawsuit against OpenAI and its cofounders on Tuesday, but he certainly isn't giving up on winning the AI race just yet.

    The mercurial billionaire filed a lawsuit against the ChatGPT maker in February, accusing OpenAI of violating its nonprofit mission by partnering with Microsoft. Musk cofounded OpenAI with its current CEO, Sam Altman, but left its board in 2018.

    "More on this later," Musk said of the lawsuit's withdrawal early on Wednesday morning.

    But the decision to withdraw the case, just a day before a judge was set to consider OpenAI's request to dismiss it, probably isn't a sign of Musk burying the hatchet with Altman.

    For one, Musk seemed furious when Apple unveiled its widely anticipated partnership with OpenAI on Monday. Shortly after the announcement, Musk threatened to prohibit Apple devices at his companies.

    "If Apple integrates OpenAI at the OS level, then Apple devices will be banned at my companies," Musk wrote in an X post. "That is an unacceptable security violation."

    https://platform.twitter.com/widgets.js

    This is despite Apple's assurances that "privacy protections are built in for users who access ChatGPT." The iPhone maker said in a press release on Tuesday that OpenAI wouldn't be able to track their users' IP addresses or store their requests.

    Representatives for Musk and OpenAI did not immediately respond to requests for comment from BI sent outside regular business hours.

    Musk doesn't need the lawsuit to tangle with OpenAI

    Stepping back from all the drama, Musk's goal with the OpenAI lawsuit might have had less to do with winning the case and far more to do with publicly dragging Altman and OpenAI.

    "These types of lawsuits can air a lot of dirty laundry, and it can be a major distraction that could impact their day-to-day operations," David Hoffman, a contract law expert from the University of Pennsylvania, told BI's Grace Kay in March.

    And for what it's worth, Musk seems to have spent the interim period repositioning his companies for the AI age.

    Musk has spent the past few months pitching investors on his vision for EV giant Tesla as an "AI or robotics company."

    Besides teasing a new robotaxi concept, Musk has also hyped the company's Optimus robots as being "more valuable than everything else combined."

    "If you value Tesla as just like an auto company, fundamentally, it's just the wrong framework, and if you ask the wrong question, then the right answer is impossible," Musk said in an earnings call in April.

    Then, in late May, Musk revealed that his AI startup xAI raised $6 billion for its Series B funding round, giving it a total valuation of $24 billion. This makes Musk's xAI the second-most valuable AI company behind OpenAI, which is valued at around $80 billion.

    With his chess pieces in place, Musk seems ready to take on OpenAI.

    Now the ball's in Altman's court. Your move, Sam.

    Read the original article on Business Insider
  • 7 ASX All Ords shares rocketing higher while the market sinks

    Cheerful boyfriend showing mobile phone to girlfriend in dining room. They are spending leisure time together at home and planning their financial future.

    The All Ordinaries index (ASX: XAO) may be having another off day, but thankfully it isn’t all doom and gloom on the ASX boards today. In fact, some ASX All Ords shares are even charging higher today.

    Let’s take a look at a few that are rising even as the market tumbles. They are as follows:

    Accent Group Ltd (ASX: AX1)

    The Accent share price is up 2.5% to $2.00. This is despite there being no news out of the footwear retailer. Though, it is worth noting that Bell Potter reiterated its buy rating and $2.50 price target on the company’s shares this week.

    Bapcor Ltd (ASX: BAP)

    The Bapcor share price is up 1.5% to $5.14. This is likely to be due to investors buying the auto parts retailer’s shares in response to the receipt of an unsolicited, indicative, conditional and non-binding takeover proposal from Bain Capital this week. If the deal goes through, Bapcor shareholders would receive $5.40 cash per share from the private equity giant. Though, it is worth noting that the offer price is well short of Bapcor’s 52-week high of $7.09.

    DroneShield Ltd (ASX: DRO)

    The DroneShield share price is up a further 4% to $1.36. This counter drone technology company’s shares have been on fire this year. So much so, this ASX All Ords share is now up approximately 260% since the start of the year. Strong demand for its technology has been getting investors excited.

    Emerald Resources NL (ASX: EMR)

    The Emerald Resources share price is up 6% to $3.65. This is despite there being no news out of the Western Australian gold explorer and developer.

    Judo Capital Holdings Ltd (ASX: JDO)

    The Judo Capital share price is up 4% to $1.36. This has been driven by news that the business lender will be added to the ASX 200 index next week. S&P Dow Jones Indices has announced that ASX All Ords share Judo Capital will replace building materials company CSR Ltd (ASX: CSR) when it is removed from the index week. This remains subject to shareholder and final court approval of the scheme of arrangement which will see CSR acquired by Compagnie de Saint-Gobain.

    Kelly Partners Group Holdings Ltd (ASX: KPG)

    The Kelly Partners share price is up 4.5% to $7.73. Today’s strong gain is a mystery given that there has been no meaningful news out of the accounting company for some time. Though, its shares have been flying recently and now sit just short of a record high.

    Tuas Ltd (ASX: TUA)

    The Tuas share price is up 3% to $4.13. Once again, there has been no news out of this Singapore based telco. However, this ASX All Ords share is just a few cents off a record high. This has been driven by a strong performance in FY 2024.

    The post 7 ASX All Ords shares rocketing higher while the market sinks appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Accent Group Limited right now?

    Before you buy Accent Group Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Accent Group Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See The 5 Stocks
    *Returns as of 5 May 2024

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended DroneShield and Kelly Partners Group. The Motley Fool Australia has recommended Accent Group, Bapcor, and Kelly Partners Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Putin could struggle to end the war in Ukraine because it’s making some poor Russians richer

    Russian President Vladimir Putin.
    Russian President Vladimir Putin.

    • Russia's war against Ukraine has improved conditions for some poor Russians.
    • War-related activities drive economic resilience, with 3.6% GDP growth last year.
    • High interest rates and military focus pose risks to Russia's economic stability.

    Russia's war against Ukraine has made some poor Russians better off, complicating any calculus over how to end it.

    Russia's sanctions-hit economy has appeared resilient even over two years into the war, posting 3.6% GDP growth last year

    Reports from Russia suggest the growth is primarily driven by wartime activities that generate demand for military goods and services, subsidies that steady the economy, and sharp policy-making.

    "Russian economy is progressively becoming militarised," wrote researchers at the London-based Centre for Economic Policy Research think tank in May.

    "Some sectors and some regions have been winners in Russia's new war-oriented economy," they said.

    According to the CEPR researchers, production in war-related industries increased by 60% from the fall of 2022 to the spring of 2024. Manufacturing output from other sectors remained flat over the same period.

    Some of Russia's poorest regions are benefiting from a redistribution of wealth.

    "The war has offered many people upward social mobility that was not available in the preceding decades of Russia's reintegration into the global economy," the CEPR researchers wrote, referencing the fall of the Soviet Union.

    Higher pay than even the oil industry

    Households in regions where military recruitment is up have recorded higher deposits since the war started, according to a separate Bank of Finland report published in January. The research showed bank deposits grew about 30% from August 2022 to August 2023 in poor regions where more men were joining the war — outpacing 20% growth in other regions.

    Increased wealth could make it difficult for the Kremlin to scale back the war in Ukraine, since that would also mean a slowdown in military-related production, an economist told Radio Free Europe on Tuesday.

    Soldiers from poor regions who are now on the frontlines might struggle with a decline in income because there are few opportunities should they return home, economist Andrei Yakovlev at the Davis Center for Russian and Eurasian Studies at Harvard University, told the media outlet.

    Higher pay comes with risks.

    The UK Ministry of Defense estimated in May that half a million Russian soldiers had likely been killed or wounded since Russia's invasion of Ukraine in February 2022.

    This, alongside a brain drain, is contributing to a manpower crunch in Russia — prompting the military to pay more than the lucrative oil and gas industries.

    The Russian army offers contract soldiers a nationwide sign-on bonus of 195,000 rubles, or about $2,200, while salaries start at 210,000 rubles per month. In comparison, workers in Russia's relatively high-paying oil and gas sector took home about 125,200 rubles in monthly nominal salary in the first two months of the year, according to Bloomberg's calculations.

    Russia's economic report shows that the country is increasingly caught in a web of challenges due to the war and its impact on the economy.

    While Russia's top central banker Elvira Nabiullina and her team have managed to steady the economy so far, there are cracks emerging.

    Earlier this month, Herman Gref, the CEO of Sberbank — Russia's largest bank by asset value — said the country's economy is "definitely and strongly overheated." Nabiullina herself warned in December the country's economy was at risk of overheating.

    Last week, Igor Sechin, the CEO of Russian oil giant Rosneft complained that high interest rates — put in place to tamp inflation — are making financing hard for businesses.

    Read the original article on Business Insider
  • Up 29% since February, why is this ASX 200 gold stock tumbling today?

    A woman holds a gold bar in one hand and puts her other hand to her forehead with an apprehensive and concerned expression on her face after watching the Ramelius share price fall today

    Shares in S&P/ASX 200 Index (ASX: XJO) gold stock Evolution Mining Ltd (ASX: EVN) are taking a tumble today.

    Evolution Mining shares closed yesterday at $3.76 apiece. In earlier trade today, shares were swapping hands for $3.64, down 3.2%. After some likely bargain hunting, the Evolution Mining share price has recovered to $3.72 a share, down 1.2%.

    Despite that recovery, the ASX 200 miner is trailing the benchmark, with the ASX 200 down a lesser 0.6% at time of writing. And in a better comparison of apples to apples, the S&P/ASX All Ordinaries Gold Index (ASX: XGD) is down 0.5%.

    Here’s what’s happening.

    What’s pressuring the ASX 200 gold stock

    When analysing share price moves among ASX 200 gold stocks, the first point of call is the gold price.

    The yellow metal slipped 0.1% overnight to trade for US$2,313.96 per ounce, down from highs north of US$2,425 per ounce on 20 May. But the gold price remains up more than 14% in 2024, with most analysts forecasting further gains ahead.

    So, that’s unlikely to be why the ASX 200 gold stock is underperforming today.

    That underperformance is more likely linked to the miner’s market update.

    This morning, Evolution Mining reported that its June quarter gold production had taken a hit from inclement weather and earthquakes.

    According to the release:

    The Cowal and Mt Rawdon operations have been impacted by continued high levels of rainfall. Restrictions to open-pit operations at Cowal and Mt Rawdon have necessitated the processing of lower grade stockpile ore at various stages during the past two months to maintain full processing feed rates.

    Management said the rain had not impacted the underground operations at Cowal. The planned ramp-up would continue at the mine following the successful commencement of commercial production in April.

    As for those earthquakes hampering the ASX 200 gold stock, the company said:

    Material handling systems at Red Lake have been disrupted by localised seismic events at the Balmer and Cochenour areas. Mining rates have improved materially this quarter and there is a high level of mined ore available underground but haulage rates available via alternative systems have lowered near-term capacity

    All told, the net impact of the heavy rains and earthquakes on Evolution’s gold production quarter to the end of May is around 26,000 ounces.

    On the plus side of the ledger, the company reported that “significantly higher cash flow” had delivered a current cash balance of more than $320 million.

    That works out to a quarter-to-date cash flow of some $145 million. And that’s after Evolution Mining paid its FY 2024 interim dividend, which totalled around $40 million.

    Evolution Mining share price snapshot

    Despite today’s dip, the Evolution Mining share price remains up 11% since this time last year.

    The ASX 200 gold stock has gained 29% since the market close on 28 February.

    The post Up 29% since February, why is this ASX 200 gold stock tumbling today? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Evolution Mining Limited right now?

    Before you buy Evolution Mining Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Evolution Mining Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See The 5 Stocks
    *Returns as of 5 May 2024

    More reading

    Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Do you want a guaranteed 60% return?

    Today, I want to offer you a chance to make a guaranteed 60% return.

    At least, apparently that’s what I want to offer you.

    Huh?

    Yeah, it was a surprise to me, too. I’ve never before offered a 60% return, let alone a guaranteed one.

    Why would I start doing it now?

    Spoiler alert: I didn’t, don’t, and won’t.

    And yet, that’s apparently what I’m doing… if you believe the social media scams I’ve seen around the place.

    See, unfortunately, I have the dubious honour of having my face and name (and video) used by scammers to try to trick users into sending them money.

    Which… sucks.

    I’m not alone, by the way. David Koch has long been used in scams like this. So have other well-known celebrities.

    The worst thing? I can’t do a bloody thing about it. Yes, I report the ads when I see them. So does our team. But they’re everywhere. And don’t see all of them (very few, actually).

    So while people are out there, pretending to be me, I can’t stop it happening.

    I can’t stop people being scammed. I can’t stop people losing money.

    And while it’s not my fault, there’s something just awful about knowing it’s my name and face that’s being used to do it.

    If there’s one small ray of light, it’s that the scammers have overdubbed my video with an accent that is… not mine.

    But, given the surge of AI capacity, that small glitch won’t be there for long. At some point in the not-too-distant future, the scam will be so good that even my own mother won’t be able to tell the difference.

    Yes, AI and social media are wonderful in so many ways. But they have serious drawbacks, including this one.

    And while this one is very personal, as I said, I’m not the first, or even the highest profile (by a long way!) person to be used in this way – and I won’t be the last.

    Still, given the money at stake, and the fact that I do work for a financial services company, I wanted to put very clearly on the record that it’s not me… and to beseech you to be extraordinarily careful.

    Perhaps worse, many of the people who might get sucked in by this stuff won’t actually read this piece. And I have no way of helping them.

    Turns out AI can create some wonderful (and awful) things, but the world’s social media giants don’t seem to be able to use the technology to identify potential scams…

    And no, this isn’t my first rodeo – the other, longer-standing scam is where people use my name and copy my social media posts to a fake account, pretending to be me. That one’s still going, too.

    I wish there was more I could do about it. The best I can do is warn you. And ask you to warn others. And I can publish this, so that if anyone searches for more detail, they’ll hopefully find this article.

    Other than that? Well, I feel pretty helpless, knowing these bastards are going to get money from people who see my name and image and figure they can trust the scam.

    So, to be clear:

    I will never offer you a guaranteed return.

    I’ll never offer you anything so outlandish as a 60% return – guaranteed or otherwise.

    I will never invite you to a private WhatsApp group.

    I will never offer you bitcoin.

    I will never DM you with a special offer or investment opportunity.

    And you’ll find me on Twitter and Instagram only at @TMFScottP, and Facebook only at /scottphillipsmoney.

    The Motley Fool’s Australian accounts are @themotleyfoolau and /themotleyfoolaustralia.

    Can I also ask a small favour? If you see them, and you have some time, would you mind hitting the ‘report’ button on the scam posts when they pop up? It’ll help us get them pulled down and minimise the chance that someone else gets scammed!

    Lastly, as my old man used to say, if it seems too good to be true, it probably is. And, as Sergeant Phil Esterhaus used to say in Hill Street Blues… let’s be careful out there.

    (If there’s an investment take-away, it’s probably that anything that looks too good to be true, probably is, too. Don’t be cynical, but do be sceptical. Make sure you’re getting your information from credible sources, and that you don’t swallow everything you’re being told. Trust, but verify. And diversify, just in case.)

    Fool on!

    The post Do you want a guaranteed 60% return? appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now…

    See The 5 Stocks
    *Returns as of 5 May 2024

    More reading

    Motley Fool contributor Scott Phillips has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Bitcoin. The Motley Fool Australia has positions in and has recommended Bitcoin. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Who is investing in the Guzman y Gomez IPO?

    three young women smile as they hold up their loaded orn chips as they sit in front of a large bowl of dip.

    The Mexican food business Guzman y Gomez (GYG) plans to list on the ASX next week with an initial public offering (IPO). Multiple institutions are already planning to buy the company’s shares.

    Burritos, tacos and enchiladas may not seem like the most exciting product category, but Guzman y Gomez has spicy growth plans, and investors are lining up to take part in its growth journey.

    We’ve seen a number of local and global players become much bigger companies after listing, including Yum! Brands, McDonald’s, Chipotle, Domino’s Pizza Enterprises Ltd (ASX: DMP) and Collins Foods Ltd (ASX: CKF). Guzman y Gomez itself has international growth plans, with a small presence in Asia and the United States.

    Of course, the success of those other businesses doesn’t automatically mean Guzman y Gomez is going to do as well. But, food for thought.

    Significant backers

    The main proceeds of the offer will be used to fund GYG’s growth strategy over the coming years, which is primarily focused on the significant expansion of its corporate restaurant network in Australia.

    Guzman y Gomez revealed it has received considerable support and demand from existing shareholders, including Aware Super, Cooper Investors, Hyperion Asset Management, Firetrail Investments and QVG Capital.

    GYG’s other existing large institutional shareholders — TDM Growth Partners and Barrenjoey Private Capital — will retain significant holdings in the company after the IPO.  

    Last week, Guzman y Gomez announced it had received a commitment from funds advised by Capital Research Global investors to subscribe for shares at the offer price. TDM Growth Partners is selling more shares to accommodate the investment relating to Capital Research Global, but TDM will still own 26.2% of GYG.

    Will the leadership still own shares?

    According to Guzman y Gomez, the board, senior management, and existing substantial shareholders (including TDM) will still own approximately 59% of GYG shares after the IPO.

    A number of management and board figures plan to own shares at the GYG IPO’s completion. I will highlight a select few below.

    • Guy Russo, the non-executive chair, who was previously the CEO of McDonald’s Australia and managing director of Kmart Australia and New Zealand, is expected to own 6.08 million GYG shares at IPO completion.
    • Steven Marks, founder, executive director and co-CEO of Guzman y Gomez, will own 8.8 million shares at IPO completion.
    • Hilton Brett, co-CEO and executive director, will own 367,000 shares.
    • Bruce Buchanan, an independent non-executive director since August 2016, will own 418,250 shares.

    Once the business is listed, Guy Russo and Steven Marks will own well over $100 million of GYG shares.

    Foolish takeaway

    Guzman y Gomez expects to open 30 new restaurants in FY25. Management believes the company has substantially built the team, restaurant pipeline and infrastructure to increase this to 40 restaurants per annum within five years, with a focus on drive-through restaurants due to their potential to deliver superior restaurant economics.

    Time will tell whether the business is able to deliver on its ambitious targets.

    The post Who is investing in the Guzman y Gomez IPO? appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now…

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    Motley Fool contributor Tristan Harrison has positions in Collins Foods. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Chipotle Mexican Grill and Domino’s Pizza Enterprises. The Motley Fool Australia has recommended Chipotle Mexican Grill, Collins Foods, and Domino’s Pizza Enterprises. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Céline Dion says that almost anything — even happiness — can trigger the symptoms of her stiff-person syndrome

    Celine Dion is seen outside Alexandre Vauthier during Haute Couture Spring Summer 2019 : Day Two on January 22, 2019 in Paris, France.
    Céline Dion says symptoms of her stiff-person syndrome can be easily triggered.

    • Céline Dion says that the symptoms of her stiff-person syndrome can be easily triggered.
    • The "My Heart Will Go On" singer opened up about her condition during an interview with Today's Hoda Kotb.
    • Dion also shared that she had been experiencing symptoms even as far back as 2008.

    Céline Dion says the symptoms of her stiff-person syndrome can be easily triggered by almost anything, including laughter.

    In an interview with Hoda Kotb, that aired on NBC on Tuesday, Dion opened up about the realities of living with the medical condition.

    "Anything can trigger me to have something. Too much work, not enough work. If I sit all daylong, I'll be wobbly. Walking wobbly," Dion told Kotb. She said that if she asks her therapist to push her too much, it can cause problems. "I can have a condition and go into a crisis," she said.

    The singer elaborated on the other triggers that can cause muscle spasms.

    "Happiness, sound, a touch unexpected. So I don't really want to think so much about this, but I have to be aware of it," Dion said.

    During a segment of the NBC interview, Irene Taylor Brodsky — the director of her upcoming documentary "I Am: Celine Dion" — joined the duo to talk about her experience witnessing one of Dion's medical attacks firsthand.

    "It was very quick. She was giggling, and 5 seconds later, we were in a totally different stratosphere," Taylor said. "She had a cramp in her foot, and I thought, 'That doesn't look right.'"

    Within minutes, Dion could not speak because her body muscles stiffened.

    "It was the most extraordinary and extraordinarily uncomfortable moment in my life. As a filmmaker, but also as a mother, as a fellow human, because I didn't know what was happening," Brodsky said. "We were this close, and her body was enduring something that was unimaginable, and I wasn't sure if she was aware of it, and I wasn't sure if she was going to survive it."

    Dion recovered after her team administered medication, per the interview.

    The "My Heart Will Go On" singer first announced that she had been diagnosed with stiff-person syndrome in December 2022.

    During the NBC interview, she shared that she had been experiencing symptoms of the condition even as far back as 2008, but chose to power through it so she could continue to tour and perform for her fans.

    Stiff-person syndrome is a rare, progressive neurological disorder that can cause symptoms such as muscle stiffness and spasms.

    According to the National Institute of Neurological Disorders and Stroke, those with stiff-person syndrome can also experience a greater sensitivity to noise, touch, and emotional distress — all of which can set off muscle spasms.

    It is a very rare disease that affects one in a million, according to one estimate, per National Organization for Rare Disorders.

    There is no cure for stiff-person syndrome, but there are ways for patients to manage their condition, including through medication and therapy.

    In April, Dion told Vogue France that she goes to therapy five days a week and trains "like an athlete" as part of her treatment plan.

    "The way I see it, I have two choices. Either I train like an athlete and work super hard, or I switch off and it's over, I stay at home, listen to my songs, stand in front of my mirror and sing to myself," Dion said.

    During the NBC interview, the singer also told Kotb that she was determined to return to the stage.

    "I'm going to go back onstage, even if I have to crawl, even if I have to talk with my hands. I will. I will," she tells Hoda. "I am Céline Dion, because today my voice will be heard for the first time, not just because I have to, or because I need to. It's because I want to. And I miss it," Dion said.

    The NBC interview can be streamed on Peacock.

    "I Am: Celine Dion" premieres June 25 on Prime Video.

    Read the original article on Business Insider
  • James Cameron says the OceanGate submersible rescue morphed into a ‘crazy’ operation when ‘we all knew they were dead’

    James Cameron/the Titan submersible
    James Cameron/the Titan submersible

    • James Cameron said the rescue operation for the OceanGate submersible victims morphed into something "crazy."
    • "We all knew they were dead," Cameron told "60 Minutes Australia" in an interview that aired on Sunday.
    • The Titanic expert added that the rescue then turned into a "beautiful media circus." 

    A year on from the OceanGate implosion, filmmaker and Titanic expert James Cameron called the rescue operation "crazy" — because people involved in the rescue likely already knew that the victims were all dead.

    In an interview with "60 Minutes Australia" released on Sunday, Cameron commented on the sprawling four-day rescue operation that followed the submersible's disappearance on June 18.

    "We all knew they were dead. We'd already hoisted a glass, a toast to our fallen comrades, on Monday night," he said in the interview.

    He added that he thought the Coast Guard followed a rescue procedure that was "unnecessarily torturous" for the families — because the authorities had already been informed of an "implosion event" near the Titanic wreck site.

    [youtube https://www.youtube.com/watch?v=Cb9uqlr7b4Q?start=806&feature=oembed&w=560&h=315]

    Cameron said he had received news of the implosion from a naval source on Monday morning and had written it down on a stationary pad in his hotel.

    "I literally wrote that on the pad the moment I heard from my naval source, a very reliable source, that they had heard an event and triangulated it to the site," Cameron said.

    The note he showed to the interviewer read: "9:25 confirmed implosion."

    But Cameron said the catastrophe made for a "beautiful media circus."

    "It just transformed into this crazy thing," he added. "Everybody running around with their hair on fire, when we knew right where the sub was. Nobody could admit that they didn't have the means to go down and look. So they were running all over the surface, and the entire world waiting with bated breath."

    The US Coast Guard and OceanGate announced on June 22 that debris found on the sea bed confirmed that the submersible had imploded and that the five men on board were dead.

    The victims were British billionaire Hamish Harding, British-Pakistani multimillionaire Shahzada Dawood and his 19-year-old son Suleman, former French navy diver Paul-Henri Nargeolet, and OceanGate CEO Stockton Rush.

    The titanium and carbon fiber submersible set off on June 18 to explore the wreckage of the RMS Titanic, nearly 13,000 feet underwater. It went off the radar less than two hours after the dive started.

    Cameron, who has visited the Titanic wreck 33 times, has vocally criticized OceanGate, the company behind the ill-fated submersible.

    He said that he had warned the company officials that the Titan vessel could lead to "catastrophic failure" and that it was "only a matter of time" before something would go wrong.

    He had also said that the company lacked "rigor and discipline" and that new regulation was needed in deep-sea exploration.

    Cameron's representative did not immediately respond to a request for comment from Business Insider sent outside regular working hours.

    Read the original article on Business Insider
  • Spotify is planning a more expensive subscription for music nerds

    Spotify CEO Daniel Ek
    Spotify CEO Daniel Ek

    • Spotify is launching an extra-premium subscription for better audio and playlist tools.
    • The new tier will cost users at least $5 more monthly, with pricing varying by base plan.
    • Spotify faces competition from Amazon Music, Apple Music, and Tidal.

    Spotify is planning to launch a more expensive premium subscription later this year for users who want extra-good sound quality, a person familiar with the plan told Bloomberg.

    Users will be charged at least $5 more every month for a plan that allows better audio and new playlist organization tools.

    The option will be offered as an upgrade and will not affect existing subscription plans. The new tier's pricing will vary depending on each user's base plan but will average out to about 40% more than the current price, according to the person.

    Spotify did not immediately respond to Business Insider's request to confirm the news, sent outside standard working hours.

    Among the new features is access to high-fidelity audio, which Spotify first announced in 2021 but has repeatedly delayed. The streamer is competing with Amazon Music Unlimited, Apple Music, and Block-owned Tidal for the attention of those who prioritize sound quality. All of those platforms are priced similarly to Spotify's current individual plan and offer high-fidelity, or "lossless," audio already.

    Users who pay for the new tier will also be able to instantly generate custom playlists for certain activities and times of the year. Spotify will learn the user's preferences and, eventually, create customized playlists without prompting, Bloomberg reported.

    The company raised its prices for US subscriptions by up to $3 earlier this month.

    It was Spotify's second time adjusting prices in a year as it faces competition from other music streaming platforms. Big Tech is also competing for ears: YouTube is courting podcast listeners, and Amazon's Audible and Spotify are squaring off in audiobooks.

    But Spotify is faring well among these challenges. It reported record profitability last quarter and its stock is up 64% this year.

    Read the original article on Business Insider