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Today:
Where Billionaires Are Moving in Miami: Indian Creek, Coconut Grove
NEWS | 02 March 2026
Real estate on Indian Creek and Allison Island — both in the Biscayne Bay — has reached new highs as California billionaires flock to Miami. Real estate on Indian Creek and Allison Island — both in the Biscayne Bay — has reached new highs as California billionaires flock to Miami. Jeffrey Greenberg/Universal Images Group via Getty ImagesReal estate on Indian Creek and Allison Island — both in the Biscayne Bay — has reached new highs as California billionaires flock to Miami. Jeffrey Greenberg/Universal Images Group via Getty Imageslighning bolt icon An icon in the shape of a lightning bolt. Impact LinkWith a proposed billionaire tax spooking California billionaires, some of the world's richest people are turning to Miami.

Top Stories:
Netflix CEO Sarandos Says He Bailed on WBD Because of Price, Not Trump
NEWS | 02 March 2026
Sarandos, the streamer's co-CEO, says Netflix pulled out of the WBD bidding war — ultimately won by Larry and David Ellison's Paramount — because Netflix didn't want to raise the price it would pay for WBD's studio and HBO business. Adding fuel to those theories: Netflix announced that it was withdrawing from the WBD auction shortly after Sarandos visited the White House on Thursday. He didn't care that much more about our deal," Sarandos said. I wanted to make sure I understood what Sarandos was saying: Was it that once Trump realized Netflix didn't want to buy CNN, he didn't support Netflix buying any part of WBD? Or was it that once Trump realized Netflix didn't want to buy CNN, he became less interested in its outcome, period?

World:
These eye-popping charts put OpenAI's record funding round in perspective
NEWS | 02 March 2026
It brings Amazon and Nvidia on as major backers and puts questions about OpenAI's financial stability to bed. But OpenAI's latest private round blows all this history out the water. But that market debut raised $16 billion, about 15% of what OpenAI just took in from the private market. This jumbo private round has just raised the bar on that public market debut. With such a massive valuation already, IPO investors "will want to see improving margins, stable usage trends and evidence that OpenAI can defend its position," Zabelin said.

Current Events:
Oil spikes and stocks slump: Here's how markets are reacting to the Iran attacks
NEWS | 02 March 2026
European stocks slumped as investors cut their exposure to travel-related and consumer stocks while wagering that defense and energy companies would benefit from military escalation. What's behind the market movesEnergy traders are preparing for the possibility that the Strait of Hormuz, a critical shipping route for global energy commodities, is closed for an extended period. Hetts added that in a prolonged period of uncertainty, higher oil prices could spark a global inflation scare, which might slash the likelihood of rate cuts by the Federal Reserve this year. Within energy markets, Brent crude's inability to sustain a move above $80 a barrel indicates that traders may have already priced in a meaningful supply disruption, he added. "Oil shocks are less important to global markets than they were decades ago.

News Flash:
I'm stuck in Dubai after our flight was canceled. I'm paying more than $650 a night for a hotel.
NEWS | 02 March 2026
This as-told-to essay is based on a conversation with Kunal Trehan, a luxury interior designer. Kunal Trehan and his partner are stuck in Dubai after the airport closed. Hotel staff told guests to come inside from their balconies and close their room curtains. Kunal Trehan had to take shelter in the hotel's basement. We are paying $670 a night at the hotelFortunately, we have the funds to continue paying for our hotel room, which is about $670 a night, and to eat and buy necessities.

Sponsored:
Remote Monitoring App
SPONSORED | 02 March 2026
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Latest:
Iran Conflict Triggers 2 of Longest-Ever Flights to Nowhere
NEWS | 02 March 2026
An Emirates Airbus A380, like the one that returned to Auckland. Mike Campbell/NurPhoto via Getty ImagesAn Emirates Airbus A380, like the one that returned to Auckland. On the other side of the world, an Emirates Airbus A380 took off from Auckland, New Zealand, expecting a 16-hour trip to Dubai. Meanwhile, the Emirates A380 returned to Auckland after 15 hours and 37 minutes in the air. The Persian Gulf is also a major flight corridor for aircraft that don't land there, such as flights from India or Australia to Europe.

Breaking:
McKinsey's newest partners share their best advice for climbing the ranks at the consulting firm
NEWS | 02 March 2026
The newest class of partners comes from more than 65 cities across 45 countries, stretching from Chile to Japan. As a leader of QuantumBlack, the firm's AI arm, he helps lead the firm's data science and technical teams across Southeast Asia. What changed in your behavior or performance as you climbed the ranks to make partner? As I progressed, I became more intentional about building teams and creating impact for clients beyond any single project. During moments like the COVID-19 pandemic or supply chain disruptions, I saw opportunities to shape responses that would meaningfully impact the firm's performance in the moment and for years to come.

Trending:
I spent the day at an iconic Wall Street steakhouse in search of the power lunch — but I was looking in the wrong place
NEWS | 02 March 2026
I arrived at Delmonico's, a storied Wall Street steakhouse, at 7:10 am on a recent Wednesday, late by the restaurant's standards. Alice TecotzkyOn a typical day, Delmonico's will serve about 150 for lunch and 300 for dinner, Dennis Turcinovic, the owner, told me. Free, fancy food is one of the few perks employers are still investing in, as Wall Street in particular demands workers spend more time in the office. That's not to say no one on Wall Street goes out to lunch anymore. Yet last year, employees told me, Ash Wednesday was super busy.

This Just In:
The best-dressed celebrities at the 2026 Actor Awards
NEWS | 02 March 2026
Jenna Ortega, Chase Infiniti, and Kate Hudson, and Chase Infiniti attended the 32nd Actor Awards. Jenna Ortega, Chase Infiniti, and Kate Hudson, and Chase Infiniti attended the 32nd Actor Awards. Jeff Kravitz/FilmMagic, Kevin Winter/Getty Images, Patrick T. Fallon / AFP via Getty ImagesJenna Ortega, Chase Infiniti, and Kate Hudson, and Chase Infiniti attended the 32nd Actor Awards. Jeff Kravitz/FilmMagic, Kevin Winter/Getty Images, Patrick T. Fallon / AFP via Getty Imageslighning bolt icon An icon in the shape of a lightning bolt. Impact LinkThe 32nd Screen Actors Guild Awards — rebranded as the Actors Awards — took place in Los Angeles on Sunday.

Today:
Millennials and Gen Z Parents Are Bringing Back Analog Childhood
NEWS | 02 March 2026
Her family can instead peruse the shelves in their playroom filled with more than 200 VHS tapes to play on their kitchen TV. VHS tapes fill several shelves in Gooden-Jackson's home. Millennials and Gen Z parents are bringing parts of their childhood and retro-style items to their Gen Alpha kids for reasons beyond nostalgia. Balazy said her family does have streaming services, but feels like they've been using them less now that they have the VHS tapes. For Janie George, a 31-year-old mom of three in Utah, incorporating analog items into her home, such as VHS tapes, trading cards, and photos taken on film, has helped her family slow down and connect.

Top Stories:
Celebrity-chef restaurants and Applebee's are using the same playbook
NEWS | 02 March 2026
Like casual-dining chains, celebrity-chef restaurants lean into comfort foodAt Gordon Ramsay Pub & Grill, the most casual of the three restaurants I visited in July 2025, the menu served fancier versions of classic pub grub. I found that reservations at all three of Ramsay's restaurants were relatively easy to get, even during the height of summer. Celebrity-chef restaurants aren't scams, but they're not so different from other chain restaurants, eitherKen Todd, Gordon Ramsay, and Lisa Vanderpump celebrate the grand opening of Gordon Ramsay Burger at Flamingo Las Vegas on January 16, 2025. Denise Truscello/Getty Images for Caesars EntertainmentGordon Ramsay Restaurants operates 94 restaurants worldwide, Forbes reported, and generated revenues of $500.8 million in 2024. At Gordon Ramsay Pub & Grill, dinner for two — entrées, appetizers, cocktails, and a side — totaled $181.42 after tax and tip.

World:
I go clubbing with my 4 daughters in matching outfits. It's got us through hard times.
NEWS | 02 March 2026
The nightclub event we attend together most often has a unique twist: it only plays songs from musical theatre productions. Musical theatre holds a special place in our family. We'd belt songs from it around the house, and the girls started learning to play different musical instruments: piano, trumpet, and flute. The musical theatre community here in Australia has given me a whole new friendship group, too, in case my daughters one day decide they don't want to go clubbing with their mom. As a singing family that supports each other through hard times, it feels like the most fitting one yet.

Current Events:
A new report reveals that a third of colon cancer cases now occur in the rectum. Take these steps to protect yourself at any age.
NEWS | 02 March 2026
More colon cancer cases are being diagnosed in the rectums of people in their 40s, 50s, and 60s, a clear sign that something in our modern environment is perturbing colon health, and making colon cancer more common in younger generations. In particular, rectal cancers, the kind of colon cancer located at the very tail end of the intestinal tract, are skyrocketing, now accounting for one-third of all colon cancers diagnosed. The news that rectal cancer is driving the trend is useful for researchers because different triggers impact different areas of the gut. Starting with the Baby Boomers, every successive generation now has an increased risk of developing colon cancer. According to the new report, almost half (45%) of colon cancer diagnoses today are in people under 65.

News Flash:
Someone asked to switch our business seats on a plane. I said yes, and got to take photos with one of my favorite celebrities.
NEWS | 02 March 2026
Denny Balmaceda was asked to switch seats by a woman on a flight, only to realize it was Keegan-Michael Key's wife. Denny Balmaceda was asked to switch seats by a woman on a flight, only to realize it was Keegan-Michael Key's wife. Courtesy of Denny BalmacedaDenny Balmaceda was asked to switch seats by a woman on a flight, only to realize it was Keegan-Michael Key's wife. Courtesy of Denny BalmacedaThis as-told-to essay is based on a conversation with Denny Balmaceda. It was a one-in-a-million chance that I'd switch seats with someone famous, and I was very happy and surprised to get to experience it.