Once a seafood powerhouse in America, Red Lobster is bankrupt and shutting down dozens of restaurants. Is Wall Street to blame?
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Red Lobster’s fall is a case study on how to kill a business
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Gen Z data scientist says many majors in the field are interchangeable — so this is what to do if you want an AI job
Allison Krinsky is a data scientist at JPMorgan and graduated with a degree in informatics from the University of Washington in 2022. Allison Krinsky
- While AI jobs are booming, many colleges don't have specific degrees in AI yet.
- Allison Krinsky, a data scientist at JPMorgan, emphasizes hands-on experience over formal education.
- Krinsky advises building your own AI projects, like a travel system or sentiment analysis model.
Careers in AI are hot right now. And while many schools are adapting their curriculum to incorporate classes on the topic, there's still a short list of schools that offer an AI major.
Allison Krinsky graduated from the University of Washington with a degree in informatics in 2022. She now works as a data scientist at JPMorgan and makes videos about tech careers in her free time. She told Business Insider that many majors are interchangeable and that several degrees, such as computer science, math, information sciences, and data science, can lead to jobs in the field.
But even though Krinsky studied a traditional curriculum to get a tech job, she said her work at a research lab advanced her career more than anything else. She said during her year at the lab, she did a "heap" of things including building models and managing databases.
Most AI-related jobs require a technical portion in the interview process and Krinsky said candidates need to be able to talk about the projects they've done.
"A lot of times my interviews would just be people asking me about what I had built and what I did and the problems that I faced," Krinsky said.
Krinsky said while Big Tech names may look flashy on your résumé, hands-on experience is crucial to actually landing the job. In the internships she had before the research lab, she said she was given small projects that didn't involve too many skills.
"The internship is great to say somebody hired me, and that's a little bit of credibility," Krinsky said. "But you're not out of the game if you haven't had a traditional internship."
As AI jobs grow more in demand, some companies are growing increasingly picky about what they're looking for. So if you have limited experience or if you want to enhance your résumé, it's not a bad idea to build your own project and skill up. Krinsky said there are a number of avenues you could go down depending on the kind of roles you're interested in.
One option Krinsky recommends is a travel recommendation system built with large language models. She said you could do this project with limited experience and in different ways, like by using prompt engineering, retrieval augmented generation, or fine-tuning.
Krinsky also suggested creating a sentiment classification system for reviews, using natural language processing. She said this involves extracting information from text data and sorting it into entities like positive or negative sentiments. Krinsky said this can be used for financial analysis or identifying investment opportunities or risks.
Krinsky said you can also try an image recognition or computer vision project. This involves finding a set of pictures with labels and teaching a computer to identify what's in the images. She said it's a good way to learn about neural networks.
Krinsky said these projects can take between one and three months, depending on how much free time you have. Most projects start with scraping the web for data and then require building, training, and fine-tuning the model. Krinsky also recommended creating a report detailing the project process and results so that you have something to show for your work.
The projects don't have to be revolutionary, she said, but you should experiment with multiple data sets and be able to explain what's happening. She said anyone can recreate code from a tutorial so it's important to add a unique aspect.
"You have to get past 'I just wrote code and it didn't break,'" Krinsky said.
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Democrats say Nancy Pelosi is playing ‘3-D chess’ from inside the Biden campaign crisis
Pelosi has been meeting with top Democrats to discuss their doubts about Biden's chances, Politico reported. Win McNamee/Getty Images
- Democrats told Politico they believe Nancy Pelosi is playing "3-D chess" behind the scenes.
- Pelosi has been meeting with top Democrats to discuss their doubts about Biden's chances.
- But as time runs out to either nominate or replace Biden, the stakes of the game are only growing.
Nancy Pelosi may not be openly calling for President Joe Biden to step out of the 2024 race, but she's not exactly giving him her unconditional support either.
Behind the scenes, the former speaker of the House has been meeting with top Democrats to discuss their doubts about Biden's reelection chances, Politico first reported. In front of the camera, she's told the hosts of MSNBC's "Morning Joe" that Biden still needs to decide whether to continue running despite the president's repeated assertions that he will not step down.
What Pelosi has said — and strategically not said — about Biden's campaign crisis in both public and private conversations has led some Democratic insiders to believe she is playing a game of "3-D chess," five Democratic lawmakers and senior aides told Politico.
One lawmaker told the outlet that in a private phone call, Pelosi was "very receptive" to that lawmaker's concerns about Biden's ability to defeat Donald Trump. The member also told Politico that, based on their conversation with Pelosi, they believed she is in favor of Biden leaving the race.
Much like Vice President Kamala Harris, Pelosi has been in a tough spot politically ever since Biden's flubbed debate performance led some Democrats to question his viability as a candidate. If Pelosi openly calls for Biden to drop out, she looks disloyal and could further hurt Biden's campaign if he is not replaced on the ticket. But, if she truly believes Biden cannot win and still chooses to stay silent, then she not only looks complicit but also puts her entire party at risk of major losses in the White House and Congress this November.
That tension may be exactly what's fueling her complex game of chess. But as time is running out for Democrats to either replace or formally nominate Biden, the stakes of the game are only weighing heavier on the future of the Democratic party and the country.
A representative for Pelosi did not immediately respond to a request for comment from Business Insider.
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Trump’s new running mate, JD Vance, is stirring new fears the US could abandon Ukraine if they win the election
Sen. JD Vance, an Ohio Republican, blamed the housing affordability crisis largely on high interest rates in an interview with Business Insider last year. Kent Nishimura/Getty Images
- JD Vance has criticized US support for Ukraine amid his VP nomination on GOP ticket.
- Vance argues US aid to Ukraine diverts resources from Taiwan and urges more European support.
- Despite the Trump-Vance stance, Zelenskyy said he will work with a potential Trump administration.
Former president Donald Trump's rhetoric on Ukraine has triggered concerns in Kyiv and among US allies and partners. Ohio Sen. JD Vance's nomination for vice president on the Republican Party ticket is unlikely to alleviate those fears.
Vance has been critical of US support for Ukraine, and at the Munich Security Forum earlier this year, Vance said the US should "pivot" from Ukraine and Russia's war.
"I certainly admire the Ukrainians who are fighting against Russia," he said during a speech in May, "but I do not think that it is in America's interest to continue to fund an effectively never-ending war in Ukraine."
One European official told The Wall Street Journal that with the news of Trump's new running mate, "Ukraine is in trouble," while another official told the Guardian that "it's bad for us, but it's terrible news for [Ukraine]."
Worries have also been voiced domestically. Following Vance's nomination, former Rep. Liz Cheney raised several concerns about Vance and criticized his stance on Ukraine and wrote on X that if he were elected, he would "capitulate to Russia and sacrifice the freedom of our allies in Ukraine."
Vance has indicated his sights are set on East Asia.
He called China the "biggest threat to our country" in an interview with Fox News on Monday. And back in April, he wrote in a New York Times op-ed that the US sending weapons and aid to Ukraine is delaying shipments of weapons to Taiwan.
Trump's perspective appears a little different, as he notably said in a new interview with Bloomberg that Taiwan should pay the US for defense. Comparing the US to an "insurance company," he said that the island democracy "doesn't give us anything."
Trump has also been an outspoken critic of European defense spending, even going so far as to say he would permit Russia to harm allied nations that don't pay their fair share. Vance has written that America's European allies should contribute more to support Ukraine.
"While some European countries have provided considerable resources, the burden of military support has thus far fallen heaviest on the United States," he said.
Vance voted against the $61 billion package to Ukraine that was eventually approved by US Congress earlier this year.
Trump has also expressed his desire to move on from Ukraine and Russia, having previously said that if he were president again, he could end the conflict within a day. Though he hasn't said how, the expectation is that Ukraine would have to make unfavorable concessions.
"It ends the way nearly every single war has ever ended: when people negotiate and each side gives up something that it doesn't want to give up," Vance said of the Ukraine war back in December, per NBC's reporting.
Ukrainian President Volodymyr Zelenskyy has said that he believes that the majority of members in the Republican Party support Ukraine and that he is ready to work with the Trump administration.
"If Mr. Donald Trump becomes president, then we will work with him," Zelenskyy said at a recent press conference. "I am not afraid of it." It's less clear, though, what considerations may be playing out privately.
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I’d buy Woodside shares today to generate $1,000 of monthly passive income

Looking for a $1,000 monthly passive income to boost your retirement prospects?
Or maybe to spend on a few luxury extras well before you enter those retirement years, like a fancy vacation, that new living room ensemble, or perhaps even an upgraded car?
While there are a number of quality S&P/ASX 200 Index (ASX: XJO) dividend stocks that can help build that passive income stream, the one I’d buy today is oil and gas company Woodside Energy Group Ltd (ASX: WDS).
Woodside shares have been in an uptrend since 24 June, with the stock up 9% in that time. Still, at yesterday’s closing price of $29.40 a share, the ASX 200 dividend stock is down 18% over 12 months. Which, I believe, represents a potentially opportune long-term entry point.
Now the future, by definition, is uncertain.
But I believe that amid strong global energy demand, both oil and gas prices are more likely to rise over the next 12 months than they are to fall. And even at current Brent crude prices of close to US$86 per barrel, Woodside is well in profit range and likely to continue rewarding shareholders with outsized passive income.
We’ll get to that below.
But first, an important reminder.
Spread your risks
In this article, we look at only one ASX 200 dividend stock to garner our $1,000 in monthly passive income, or $12,000 a year.
Of course, if I only buy Woodside shares, then my entire income stream is reliant on this one company’s performance. That might work out swimmingly. But if the company runs into unexpected headwinds it could also see my income take a big, unexpected hit.
With that in mind, I’d eventually expand my passive income portfolio to a larger number of ASX dividend shares. There’s no magic number. But 10 is a decent target. Ideally, these will operate across a range of different sectors and locations, helping to lower my overall risks.
Also, bear in mind that the yields you generally see quoted are trailing yields. Future yields may be higher or lower depending on a range of company-specific and macroeconomic factors.
Drilling into Woodside shares for $1,000 a month in passive income
Now, let’s return to the one ASX dividend stock I’d buy today.
Over the past 12 months, Woodside paid a fully franked interim dividend of $1.244 a share on 28 September and a fully franked final dividend of 91.7 cents a share on 4 April.
That equates to a full-year passive income payout of $2.161 a share, with potential tax benefits from those franking credits.
At yesterday’s closing price of $29.40, this ASX 200 dividend stock has a market-beating trailing yield of 7.4%.
Now, to secure my $1,000 in monthly passive income, or $12,000 a year, I’d need to buy 5,553 shares today.
Granted, that’s a large quantity of stock to buy all in one go.
But as I’ve said before, investing is a long game.
If I can’t buy all those Woodside shares today, I can buy them in smaller allotments over time.
Eventually, I’ll achieve my passive income goal.
The post I’d buy Woodside shares today to generate $1,000 of monthly passive income appeared first on The Motley Fool Australia.
Should you invest $1,000 in Woodside Petroleum Ltd right now?
Before you buy Woodside Petroleum Ltd 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 Woodside Petroleum Ltd wasn’t one of them.
The online investing service heâs 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 10 July 2024More reading
- 5 things to watch on the ASX 200 on Wednesday
- Would Warren Buffett buy Woodside shares?
- Top 10 most traded ASX shares and US stocks in June
- 5 things to watch on the ASX 200 on Monday
- Top 4 reasons why more Aussies are managing their own superannuation
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.
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How risky is buying ASX lithium shares right now?

Investing in ASX lithium shares certainly has not come without its fair share of risks.
Most lithium producers and explorers rocketed higher in 2022 and into 2023 as the price of the battery critical metal they dig from the ground hit all-time highs.
But with demand growth slowing and supply growth ramping up, that trend reversed resulting in an 85% collapse in global lithium prices from those record prices.
While prices have somewhat stabilised in 2023, many of the ASX lithium shares with higher costs have found themselves operating at a loss. Some have gone so far as to suspend production, awaiting the return of better market prices.
As for the risk of investing in the lithium miners in the past year, here’s how these top-name stocks have performed over 12 months:
- Pilbara Minerals Ltd (ASX: PLS) shares are down 40%
- Core Lithium Ltd (ASX: CXO) shares are down 87%
- IGO Ltd (ASX: IGO) shares are down 61%
- Liontown Resources Ltd (ASX: LTR) shares are down 66%
- Sayona Mining Ltd (ASX: SYA) shares are down 82%
- Lake Resources (ASX: LKE) shares are down 87%
- Latin Resources Ltd (ASX: LRS) are down 51%
- Patriot Battery Metals Inc (ASX: PMT) are down 67%
- Mineral Resources Ltd (ASX: MIN) are down 20%
I think those figures speak to the formidable risks on investing in ASX lithium shares.
At least for the year just past.
But what about the year ahead?
Are ASX lithium shares still very risky?
To be clear, every investment comes with its own unique risks.
As for the particular risk of investing in ASX lithium shares, we’ll defer to Blackwattle Investment Partners.
Here’s what the fund managers reported on Blackwattle’s own investments and outlook for the Aussie lithium miners.
In June, the Blackwattle Small Cap Quality Fund lost ground on its Latin Resources and Patriot Battery Metals holdings. Blackwattle noted that the lithium commodity price continued to follow a volatile trading pattern over the month.
As for those risks, the fund manager added:
Perversely, when considering investments in the resources sector, the risk is the lowest when commodity prices are falling toward the lower end of the cost curve for mining companies with tier-one assets.
At current spodumene lithium prices, few hard rock miners are generating much free cash flow today. As such, we continue to maintain modestly sized holdings in the lithium sector. In our view projects with superior economics like Latin Resources and Patriot Metals are well placed to ride out near-term volatility in the lithium price.
Noting that it will take some time for the supply and demand dynamics in lithium markets to balance, Blackwattle said, “At current prices, new projects, such as Pilbara Minerals’ P2000, don’t stack up.”
However, the fund managers are more optimistic about the outlook of Arcadium Lithium (ASX: LTM) after the ASX lithium share plunged 26% in June.
Arcadium, as you may know, started trading on the ASX in December, formed from the merger of the previously ASX-listed Allkem and US-listed Livent.
According to Blackwattle:
The merger has created a quality, vertically integrated global lithium chemicals producer with a significant synergy opportunity & production growth upside.
We see significant upside for LTM outside any moves from the lithium price, as the new business looks to maximise the merger potential through synergies, driving cost & capex reductions as well as improved pricing.
We view a potential rebound in lithium prices at some point as option value.
Foolish takeaway
So, is investing in ASX lithium shares right now risky?
You bet.
But could buying some of the beaten-down, low-cost producers also pay off handsomely over the longer run?
I certainly think it could.
Just don’t invest more than you’re prepared to lose.
The post How risky is buying ASX lithium shares right now? appeared first on The Motley Fool Australia.
Should you invest $1,000 in Core Lithium Ltd right now?
Before you buy Core Lithium Ltd 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 Core Lithium Ltd wasn’t one of them.
The online investing service heâs 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 10 July 2024More reading
- Here are the top 10 ASX 200 shares today
- Who is buying 55,000 Liontown shares this week?
- Why Cettire, Core Lithium, Northern Star, and Step One shares are charging higher
- Core Lithium share price rockets 14% amid ‘positive achievements’
- Own Pilbara Minerals shares? Here’s what to expect from next week’s Q4 update
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.
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I’ve taken over 30 cruises by myself. I was lonely for a few until I realized I’d cracked the code for the perfect getaway.
Many people go on solo cruises around the globe. Алексей Облов/Getty Images
- I love cruises, but I was hesitant to go on them alone because I thought I'd be lonely.
- I was lonely at first but less so once I did what I wanted and stopped worrying about socializing.
- I love that cruising solo allows me to relax and see the world on my terms.
I'm in my 60s, and I've been fortunate to take over 30 solo cruises over the last 15 years.
I started doing so after I discovered that I love going on cruises, but my wife did not. Fortunately, she's fine with me taking off by myself — I'm not sure if it's because she wants to make me happy or just likes to periodically get rid of me for a while.
Either way, my choice was to cruise solo or not at all. I opted for the former.
My first few cruises were lonely until I freed myself of solo-travel expectations
Author Bradley Carroll goes on many solo cruises. Bradley Carroll
The first few times I cruised solo, I took three- and four-night cruises to see if I could handle being alone on a ship.
I was a little lonely on those first few cruises, primarily because I didn't know what to do with myself or what was expected of me as a solo traveler.
I felt like I had to attend tons of ship events and have my meals at shared tables with other people, but it didn't actually make me feel less lonely. I didn't enjoy doing things just for the sake of being around other people, either.
Finally, I asked myself an important question: What was I actually looking to get out of the cruise experience?
I wanted to relax and do what I wanted, not what others expected me to do on a cruise.
So, I stopped prioritizing socializing and started only doing things that furthered my own enjoyment. I found these things weren't dependent on being with others, and I became more at peace with being alone.
Eventually, I increased the length of my cruises to seven, 10, and even 16 nights. I'm still amazed at how fast time seems to pass on a ship.
I love getting to do what makes me happy without worrying about others
Author Bradley Carroll has been on solo cruises throughout North America, including to Alaska. Bradley Carroll
Turns out, it's OK to do absolutely nothing on vacation. And I don't need company to enjoy the benefits of being on a cruise.
I found that I like spending meals alone with a book, free from feeling obligated to converse or wait for others to finish eating before enjoying my next course.
Going to the nightly onboard shows is still fun for me, but I stopped doing on-shore excursions that don't further my relaxation. Sometimes, I just watch movies on the television in my cabin.
Although I no longer prioritize socializing, I still strike up conversations with people often, and I welcome those who ask to join me when they see me sitting alone.
But above all, cruising solo has taught me to be more comfortable in my own skin and more confident in myself. It's also allowed me to see the world without waiting for others.
I've now traveled throughout North America and made bucket-list trips to Antarctica and Iceland.
These days, the one downside of being alone is having to pay the dreaded single supplement, which usually doubles a cruise's base fare. But by booking an inside cabin, I can somewhat mitigate this cost of traveling solo.
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5 iced drinks everyone should order at Starbucks, according to a former barista
I worked at Starbucks for almost a year. Inga Parkel
- I was a Starbucks barista for nearly a year, so I've tasted a lot of the iced drinks on the menu.
- I love ordering refreshing coffee drinks like the salted cold-foam cold brew.
- Some customers don't know that you can now order frozen refreshers that are kind of like slushies.
Read the original article on Business Insider -
I took a $10 ferry to a scenic island just a few miles from Seattle. Its cute shops and restaurants make it a must-visit for tourists.
I took two ferries to get to Bainbridge Island. Emma Kershaw
- I took two ferries to get from Bremerton to Bainbridge Island in Washington.
- Both ferries were clean, spacious, and comfortable, so I enjoyed the journey.
- I loved downtown Bainbridge Island's independent stores and restaurants.
Since I moved to Washington, I've been trying to explore my area more. Recently, I took two ferries to Bainbridge Island, a popular spot for daytrippers.
Bainbridge Island is home to about 25,000 people, and the downtown area is full of independent stores, museums, restaurants, and bars. The island, located only a few miles from Seattle, is also known for its natural beauty and scenic nature trails.
Like many excited visitors, I looked forward to seeing the beautiful waterways and shops on the island, which USA Today readers named one of the best small towns in the West.
I took a day trip to the island from my home in Bremerton, which is about 16 miles from Seattle. For this trip, I took two vessels through the Washington State Department of Transportation, which operates the largest ferry system in the US.
Here's what the journey was like.
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I tried 8 cans of whipped cream from the store and ranked them from worst to best
I found eight different dairy and nondairy whipped creams at the store. Lucien Formichella
- I tried eight brands of whipped cream from the grocery store to see which one is best.
- The lone nondairy option held it's own, but it didn't make it to the top of my list.
- My favorite brand, Cabot, was a classic, and it had the coolest-looking can.
I've never once thought about if I wanted whipped cream on ice cream, hot cocoa, or pancakes. But I don't think I've ever said no, either.
It's like an extra in a movie — you barely notice it, but things don't feel right when it's missing.
I decided to try eight store-bought brands of dairy and nondairy whipped cream and rank them from worst to best. I tasted each product on its own and with strawberries for a fair comparison.
Read the original article on Business Insider