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☆ Miles Russell: The US 15-year-old golfer who’s making history – and then some
▼ + stars: | 2024-04-22 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

But Miles Russell is no ordinary 15-year-old. In doing so, high school freshman Russell became the youngest player on record (since 1983) to notch a top-25 finish on the PGA Tour or the Korn Ferry Tour. Before turning 18, players are not eligible for non-member Korn Ferry Tour Points toward Special Temporary Membership. As the youngest player at the tournament by far, there was plenty of pressure on Russell throughout. “But good play is always good, and [it’s] definitely confidence-boosting to finish where we’re going to finish today.”

Persons: Miles Russell, Gipper Finau, Russell wasn’t, Russell, Korn, ” Russell, “, Douglas P, ”, ” Russell –, – Organizations: CNN, Lakewood, Jacksonville Beach, PGA Tour, Veritex Bank, Texas Rangers Golf Club, American Junior Locations: Utah, Saturday’s, Arlington

Corporate executives at major companies have sold stock in their own companies in March as the stock market hits new record highs. Zuckerberg's moves appear to be part of a 10b5-1 stock sale plan adopted last summer. An even larger stock sale came from Michael Dell, the CEO and namesake of Dell Technologies . The tech founder has filed a Form 144 to sell 7 million shares, so more transactions could be coming, according to VerityData. Dell shares have soared more than 50% this year on optimism the AI boom will lead to a replenishment of servers and PCs.

Persons: Mark Zuckerberg, Michael Dell, Alesia Haas, Zuckerberg, Haas, Troendle, William Hickey III, James Walter, TechnipFMC, Douglas Pferdehirt, William Meaney Organizations: Facebook, Dell Technologies, Dell, Medpace Holdings Locations: —, 10b5

☆ Oscars predictions: ‘Oppenheimer’ seems to be the movie awards voters have been waiting for
▼ + stars: | 2024-02-26 | by ( Brian Lowry | ) edition.cnn.com time to read: +6 min

A woman poses for a selfie in New York to celebrate the "Barbie" movie on Friday, July 21. Hannah Beier/The Washington Post/Getty Images Cierra Fraser and Joslin Farley pose outside of a theater in Los Angeles on Saturday. Stephanie Keith/Getty Images North America/Getty Images Barbie fan Shannon Douglas poses for a photo Saturday in Somerdale, New Jersey. Hannah Beier/The Washington Post/Getty Images A group of friends gather outside a movie theater in Los Angeles on Friday. Jenna Schoenefeld/The Washington Post/Getty Images A Barbie fan attends a movie showing in New York on Friday.

Persons: CNN — “ Barbie ”, “ Oppenheimer ”, Christopher Nolan’s, “ Oppenheimer, “ Barbie ”, Oppenheimer, Christopher Nolan, Cillian Murphy, ”, “, Stephanie Keith, Britney Stewart, Hannah Beier, Cierra Fraser, Joslin Farley, Jenna Schoenefeld, Maria Plascencea, Daniella Galvan, Plascencea, Daniella, Dania Maxwell, Shannon Douglas, Jasmine Vaughn Perrett, Barbie, Perrett, Sophie Davidoff, Ayan Babayeva, Mia Ilyaich, Ayan, Reece Adineh, James Cameron Organizations: CNN, Screen Actors Guild, Producers Guild of America, Academy, Golden Globes, of America, Academy and Universal Pictures, Academy of Motion Picture Arts, Sciences, CNN The Academy, ABC, Washington Post, Los Angeles Times, Getty, North Locations: New York, Somerdale , New Jersey, Los Angeles, North America, Iran

☆ ‘Fourteen Days’ is a ‘collaborative novel’ from 36 literary giants. But who wrote what?
▼ + stars: | 2024-02-26 | by ( Zara Khan | ) edition.cnn.com time to read: +8 min

From left: the authors Diana Gabaldon, R. L. Stine, Celeste Ng, John Grisham and Margaret Atwood, all of whom contributed to "Fourteen Days." Though some readers will draw connections between the latter work and “Fourteen Days,” Preston notes there are many differences. Perhaps most notably, “Fourteen Days” follows those left behind amid a pandemic — people without “the financial wherewithal to escape,” he told CNN. In "Fourteen Days," residents of New York apartment building begin gathering on the rooftop during Covid-19 lockdowns. Read: “The Interestings” (2014)The tenth novel from author Meg Wolitzer — who also contributed to “Fourteen Days” — follows a group of close-knit friends that meet at an arts summer camp in the 1970s from adolescence through to middle age.

Persons: —, Margaret Atwood, ’, John Grisham, Celeste Ng, Diana Gabaldon, Stine, Atwood, Douglas Preston, Yessie, Preston, Emma Donoghue, “, ”, ” Giovanni Boccaccio’s, ” Preston, Donoghue, Tess Gerritsen, Gerritsen, Harper Collins, Ah Poh, ” Donoghue, Pier Pasolini, Steven Soderbergh’s, Gwyneth Paltrow, Matt Damon, Jude Law, Marion Cotillard, Kate Winslet, Martin Short, Steve Martin, Selena Gomez, Craig Blankenhorn, Meg Wolitzer — Organizations: CNN, British, Guardian, Agence France, Presse, Hulu Watch Locations: New York, —, Chaucer’s “, Covid, York City

☆ 36 Authors Times ‘Fourteen Days’ Adds Up to a Mixed Literary Experiment
▼ + stars: | 2024-02-18 | by ( Alexandra Jacobs | ) www.nytimes.com time to read: +1 min

FOURTEEN DAYS, edited by Margaret Atwood and Douglas PrestonNew Yorkers generally don’t talk to their neighbors. This is to preserve psychological boundaries while living stacked on top of one another like ice cubes in trays. A new novellus about Lower East Side neighbors called “Fourteen Days” seeps creepy, in this fine tradition, through most of its 350-plus pages. “Novellus” is Latin for new, but the “us” sounds extra-right here because this is collaborative fiction, by 36 authors of various ages, ethnicities, genres and degrees of fame (John Grisham and Scott Turow are among the higher-flying contributors). Why would anyone organize such an experiment, with its air of an overbooked open-mic night with a few surprise guest stars and peanuts scattered on the sticky floors?

Persons: Margaret Atwood, Douglas Preston, —, Seinfeld, Ira Levin, “, John Grisham, Scott Turow Locations: Lower East

☆ Kansas City Chiefs: Are they the newest NFL dynasty?
▼ + stars: | 2024-02-08 | by ( Ben Morse | ) edition.cnn.com time to read: +12 min

The Kansas City Chiefs will appear in their fourth Super Bowl in five seasons when they take to the field in Las Vegas on February 11 against the San Francisco 49ers. And, like the early era of the Patriots, the Chiefs don’t look like they’re stopping any time soon. To the surprise of many, given Smith’s improvement under Reid, Kansas City selected Patrick Mahomes out of Texas Tech. Mahomes has two MVP awards, two Super Bowl wins and two Super Bowl MVPS, while Brady had three Super Bowl titles, two Super Bowl MVPs and no NFL MVP awards. You don’t have to know a screen pass from a field goal to know something about the Kansas City Chiefs.”What do the Chiefs themselves think?

Persons: Bill Belichick, Tom Brady, Douglas, Andy Reid, Belichick, Brady, Reid, Alex Smith, Travis Kelce, – Reid, Belichick’s, ”, Gregg Rosenthal, ” Rosenthal, Colin E, It’s, Mitchell Trubisky, Patrick Mahomes, Mahomes, Zierlein, Jay Cutler, ” Mahomes, Chelsea Purgahn, Rosenthal, he’d, “, Smith, –, Ed Zurga, he’s, “ I’ve, Tom, They’re, Jamie Squire, Brett Veach, that's, Rich Eisen, ” Eisen, Bob Costas, CNN’s Gayle King, Charles Barkley, ” Costas, “ They’ve, Andy Reid’s, Chiefs – they’ve, Taylor Swift, it’s, I’ll Organizations: CNN, New England Patriots, Patriots, NFL, Kansas City Chiefs, San Francisco 49ers, Kansas, Chiefs, AFC West, CNN Sport, AFC, Tennessee Titans, San, Philadelphia Eagles, Chicago Bears, Bears, North Carolina, Reid , Kansas City, Texas Tech, Chelsea, Tyler Morning Telegraph, Kansas City, Miami Dolphins, Mahomes, NFL Hall of Famer, Super Bowl, Belichick, Brady Patriots, February’s, The Patriots, Games, year’s Chiefs, Ravens, Twitter, Veteran, Dallas Cowboys, Philadelphia Locations: New England, Foxborough , Massachusetts, Las Vegas, Kansas City, Missouri, San Francisco, Philadelphia, Reid ,, Kansas, Washington, Brady

☆ Formerly Philip Morris-backed foundation severs ties with nicotine industry
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 27 (Reuters) - A research foundation originally set up by Philip Morris International (PMI) (PM.N) will no longer accept any funding from the nicotine industry as it seeks to win credibility with tobacco control advocates, its CEO said. The foundation will now rebrand and find new funders from outside of the industry, Cliff Douglas said in an interview. Douglas, a long-time tobacco control advocate who joined the foundation in October, said he wants to see it re-established as a credible actor in ending smoking. Douglas pointed to a number of tobacco control advocates who have sounded positive about the foundation's new direction. The World Health Organisation says vapes, for example, are harmful to health.

Persons: Philip Morris, Cliff Douglas, Douglas, Deborah Arnott, Yolonda Richardson, Emma Rumney, Kirsten Donovan Organizations: Philip Morris International, PMI, Campaign, Tobacco, World Health, Thomson

☆ Inflation to dog world economy next year, postponing rate cuts: Reuters poll
▼ + stars: | 2023-10-27 | by ( Hari Kishan | ) www.reuters.com time to read: +4 min

Despite broad success in bringing inflation down from its highs - the easier bit - prices are still rising faster than most central banks would prefer and hitting their inflation targets is likely to be tough. The Reserve Bank of New Zealand, which often leads the interest rate cycle, was also forecast to wait until July-September 2024 before cutting. The majority backing no cuts until the second half of 2024 has also grown stronger for the Reserve Bank of Australia, Bank Indonesia and the Reserve Bank of India. Even the Bank of Japan, the outlier sticking to ultra-loose policy through this entire round of inflation, is now expected to abandon negative interest rates next year. Crucially, most economists agree the first easing steps will not be the beginning of a rapid series of cuts.

Persons: Sarah Silbiger, Christine Lagarde, Douglas Porter, it's, Nathan Sheets, Hari Kishan, Ross Finley, Tomasz Janowski Organizations: El Progreso Market, Washington , D.C, REUTERS, Reuters, U.S . Federal Reserve, European Central Bank, ECB, Fed, BMO, Reserve Bank of New, Reserve Bank of Australia, Bank, Reserve Bank of India, Bank of Japan, Citi, Thomson Locations: Mount Pleasant, Washington ,, BENGALURU, Reserve Bank of New Zealand, Bank Indonesia, Bengaluru, Buenos Aires, Cairo, Istanbul, Johannesburg, London, Shanghai, Tokyo

☆ Dollar gains after US consumer prices rise more than expected
▼ + stars: | 2023-10-12 | by ( Herbert Lash | ) www.reuters.com time to read: +4 min

NEW YORK, Oct 12 (Reuters) - The dollar rose sharply on Thursday after U.S. consumer prices rose more than expected in September, lifted by an elevated cost of rent that raised the prospect of the Federal Reserve keeping interest rates high for some time. The consumer price index increased 0.4% last month, with a 0.6% jump in the cost of shelter accounting for more than half of the rise. The dollar rose more than 1% against sterling, and the Australian and New Zealand dollars. Owners' equivalent rent, a measure of the amount homeowners would pay to rent or would earn from renting their property, rose even though non-official sources show a decline in rental prices. Thursday's CPI release came after Wednesday's mixed report on U.S. producer prices, and minutes from the Fed's September meeting.

Persons: Douglas Porter, Bipan Rai, Thierry Wizman, Wizman, BoE, Wednesday's, Herbert Lash, Alun John, Ankur Banerjee, Emelia Sithole, Mark Potter, Jonathan Oatis Organizations: Federal Reserve, Labor, BMO Capital Markets, Reuters, New, CIBC Capital Markets, Fed, Bank of England, CPI, Swiss, Thomson Locations: Oakville, Canada, New Zealand, North America, Toronto, New York, London, Bengaluru, Singapore

☆ TSX tumbles to near seven-month low as commodity-linked stocks fall
▼ + stars: | 2023-10-02 | by ( Siddarth S | ) www.reuters.com time to read: +2 min

The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. Rate-sensitive utilities (.GSPTTUT) fell nearly 3%, leading declines amid a dramatic run-up in 10-year U.S. Treasury yields that hit 16-year highs. "U.S. Treasury yields continue to march higher and that's just crushing the dividend-paying stocks like utilities in Canada," said Douglas Porter, chief economist of BMO Capital Markets. The S&P Global Canada Manufacturing Purchasing Managers' Index (PMI) fell to a seasonally adjusted 47.5 last month, from 48.0 in August. Reporting by Siddarth S in Bengaluru; Editing by Shailesh Kuber and Shweta AgarwalOur Standards: The Thomson Reuters Trust Principles.

Persons: Chris Helgren, Douglas Porter, Eric Provost, Siddarth, Shailesh Kuber, Shweta Agarwal Organizations: Toronto Stock Exchange, REUTERS, TSX, Treasury, Toronto Stock, Materials, Brent, U.S . West Texas, BMO Capital Markets, Data, P Global Canada Manufacturing, Laurentian Bank, Thomson Locations: Toronto , Ontario, Canada, U.S, Bengaluru

The Authors Guild lawsuit is the latest in a series brought by writers against OpenAI. “It knew everything, and that’s when I got a bad feeling.”A representative for OpenAI did not immediately respond to a request for comment. Since OpenAI introduced ChatGPT in November, authors, publishers and retailers have been trying to rein in the rampant and increasingly disruptive incursion of A.I. Amazon has taken steps to monitor and curb the influx of A.I.-generated books. to its customers, but it may do so in the future, according to an Amazon representative.

Persons: David Baldacci, Jodi Picoult, George R.R, Martin, George Saunders, Michael Connelly, Douglas Preston, ChatGPT, “, ‘, ”, OpenAI Organizations: OpenAI, York Mycological Society Locations: A.I

☆ Democrats want to make the minimum wage $17 an hour and give nearly 28 million workers a raise
▼ + stars: | 2023-07-26 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com time to read: +5 min

Sen. Bernie Sanders, alongside other progressives, is again trying to raise the federal minimum wage. He's introducing legislation to bring the federal minimum to $17 by 2028; currently, it's $7.25. However, past attempts to raise the minimum wage have been stymied by Republicans and moderate Democrats. Under the latest version of the Raise the Wage Act, the federal minimum would climb to $17 by 2028. "The President shares Congressional Democrats' commitment to put workers first and supports increasing the minimum wage.

Persons: Sen, Bernie Sanders, Sanders, Michael Douglas, Gordon Gekko, Hakeem Jeffries, It's, Democrats —, Biden, Michael Kikukawa, Pramila Jayapal, Jayapal, Frances Holmes, Holmes Organizations: Republicans, Service, Democratic, Senate, Democrats, Institute, Workers, National Employment Law, Congress, White, Congressional Progressive Caucus, Oxfam America, Busch Locations: Wall, Silicon, St Louis , Missouri

☆ Chasing a World Record, They Endured Storms, Sharks and Freak Waves
▼ + stars: | 2023-07-02 | by ( Douglas Preston | ) www.nytimes.com time to read: +1 min

Eight days later, another Briton, Tom McClean, pulled his dory up a deserted beach in Blacksod Bay, Ireland, having rowed solo across the Atlantic in the opposite direction. While Fairfax was acclaimed and feted, McClean walked to the closest pub, alone. During his ordeal, Fairfax had no idea someone else was rowing across the Atlantic in the opposite direction, thousands of miles to the north. McClean, on the other hand, was acutely aware of his rival and brooded about him the whole way. While celebrated in nautical circles, neither man became well known, nor have their stories been told together in a single book, until now.

Persons: Tom McClean, John Fairfax, James R, Hansen, John Fairfax waded, dory, Fairfax, McClean, “, —, ” Locations: British, Hollywood Beach, Fla, Blacksod Bay, Ireland, McClean, Caribbean, Central, South America

☆ Analysis: Boeing, Northrop face obstacles in commercializing flagship US rocket
▼ + stars: | 2023-06-07 | by ( Joey Roulette | ) www.reuters.com time to read: +6 min

[1/3] NASA's next-generation moon rocket, the Space Launch System (SLS) rocket with its Orion crew capsule perched on top, is shown on its launch pad as it is prepared for launch in Cape Canaveral, Florida, U.S. November 12, 2022. NASA's SLS vision has its skeptics. NASA currently manages SLS production, with Boeing and Northrop its top contractors, each having contracts under which the space agency bears any delay costs. Boeing and Northrop executives have declined to discuss plans for cutting SLS costs under the proposed commercial contract. Boeing has said the SLS program has created 28,000 jobs.

Persons: Joe Skipper, Colonel Douglas Pentecost, Glenn, Jeff Bezos's, Cristina, Jim Free, Artemis, Amit Kshatriya, Kshatriya, Joey Roulette, Will Dunham, Ben Klayman Organizations: Orion, REUTERS, WASHINGTON, Boeing, Northrop Grumman, Pentagon, Northrup, U.S . Department of Defense, DoD, U.S, military's Space Force, NASA, SLS, Elon Musk's SpaceX, Office, U.S . Congress, Northrop, Artemis, Space, Reuters, Thomson Locations: Cape Canaveral , Florida, U.S, Florida

☆ Forty Cannes film festivals viewed through one photographer's lens
▼ + stars: | 2023-05-25 | by ( Eric Gaillard | ) www.reuters.com time to read: 1 min

The 76th edition of the festival, taking place from May 16 to May 27, has seen Cannes' usual population triple to 230,000 people to watch films, rub shoulders with celebrities, and - in some cases - compete for the coveted Palme D'Or. Gaillard, who is retiring after this festival, was there for Reuters, snapping Michael Douglas pointing at the camera with a cheeky grin and a besuited Harrison Ford receiving an Honorary Palme D'Or. He was there in 1997 when Michael Jackson was in attendance, in 2008 when Diego Maradona showed off soccer tricks, and in 2018 when Kristen Stewart kicked off her heels on the red carpet. A shot from the 48th edition of the festival in 1995 shows a disarmingly young Johnny Depp, while a black-and-white photo from 1987 depicts a tanned, bejeweled Liz Taylor with one-time flame George Hamilton.

☆ Tim Scott's biggest financial backer is Larry Ellison, a tech billionaire who owns the sixth-largest island in Hawaii and has poured $35 million into the senator's super PAC
▼ + stars: | 2023-05-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Ellison has pumped $35 million into Scott's super PAC, and could legally give him millions more. On Monday, Ellison attended Scott's campaign launch in North Charleston, where Scott described him as one of his mentors. Trump's political operation includes the "MAGA, Inc" super PAC, while Florida Gov. Ron DeSantis has enjoyed the support of the "Never Back Down" super PAC. Scott's campaign isn't the first time a Republican presidential candidate has heavily relied on a single megadonor.

☆ UFC maintains links with Russian fighters and fighters connected to sanctioned Chechen warlord despite Ukraine invasion
▼ + stars: | 2023-05-17 | by ( Ben Morse | ) edition.cnn.com time to read: +17 min

We have been saying for some time that these sports organizations need to prohibit Kadyrov’s fighters to perform,” he said. There’s also its decision to allow Russian fighters in general to compete in the world’s premium mixed martial arts organization. Some critics have suggested Russian fighters in general should be suspended, like has happened in some other sports, for the country’s involvement in the invasion of Ukraine. Chris Unger/Zuffa LLC/Getty ImagesUFC’s primary focusThere are 20 active Russian fighters currently competing in their organized events, according to the UFC website. CNN approached all 20 of those Russian fighters, only two responded initially and ultimately none of them agreed to an interview.

☆ Oral sex is the leading 'risk factor' for a throat cancer, expert says
▼ + stars: | 2023-04-29 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +4 min

Oral sex is now the leading "risk factor" for a throat cancer, an expert said. He said there has been a rapid increase in throat cancer cases in the West in recent decades. In both the US and the UK, oropharyngeal cancer is now more common than cancer of the cervix, he wrote. Because HPV is sexually transmitted, "for oropharyngeal cancer, the main risk factor is the number of lifetime sexual partners, especially oral sex," Mehanna said. Michael Douglas partly atributed his throat cancer diagnosis on oral sex.

☆ ‘Fatal Attraction’ Review: Here’s Why She Did It
▼ + stars: | 2023-04-26 | by ( Mike Hale | ) www.nytimes.com time to read: +3 min

So Alexandra Cunningham (“Dirty John,” “Desperate Housewives”) and Kevin J. Hynes (“Perry Mason”), working with the film’s writer, James Dearden, have reimagined “Fatal Attraction” in myriad ways, none of which are erotic and few of which are thrilling. Dan is up for parole because in this new universe, he has served 15 years for the murder of his stalker, Alex Forrest (Lizzy Caplan). The temporal shifts also serve to educate both Dan and the audience about the noxious privilege and entitlement that precipitated his downfall. But apparently converting “Fatal Attraction” into a reasonably diverting crime drama wasn’t enough to remove the stain of the original. Ellen’s research leads her to reassess the behavior of her father’s murdered nemesis, and the greatest labor this “Fatal Attraction” takes on is its effort to turn Alex into an understandable, even sympathetic, character.

LOS ANGELES, April 4 (Reuters) - China, Taiwan, and the United States all share a common interest in ensuring this week's California stopover by Taiwan's president gets the focus each thinks it deserves, but without setting off a new crisis. It is sure to elicit a forceful reaction from Beijing, which considers Taiwan part of its territory. McCarthy, as House speaker, is third in line to the U.S. leadership and he has said publicly that he does not rule out a future visit to Taiwan. Xu Xueyuan, charge d'affaires at China's Washington embassy, said last week that McCarthy meeting Tsai "could lead to another serious confrontation in the China-U.S. With an eye the Taiwan election, China invited former Taiwanese President Ma Ying-jeou of the KMT party for a visit coinciding with Tsai's U.S. stopovers.

☆ Even as Bank of Canada moves to sidelines, consumers not ready to splurge
▼ + stars: | 2023-03-22 | by ( Molly Cone | ) www.reuters.com time to read: +3 min

TORONTO, March 22 (Reuters) - When the Bank of Canada became the first major global central bank this month to pause raising interest rates after its most aggressive tightening campaign in history, indebted consumers heaved a sigh of relief. Consumers' reluctance to spend could challenge an economy facing headwinds from a record pace of interest rate hikes as retail spending accounts for about 5% of Canada's Gross Domestic Product. The Royal Bank of Canada's consumer spending tracker released on March 9 showed discretionary spending "held up" in February, driven by air travel demand. While it is unclear what part of that has been deployed, that kitty will help Canada to avoid a deep recession, she noted. "They're trying to lock in these interest rates," Porter said.

☆ Buy these 24 quality stocks to safeguard your portfolio from higher interest rates, according to BMO Capital Markets
▼ + stars: | 2023-03-11 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Here are 24 high-quality stocks to buy now to protect your portfolio from higher rates. But when the Fed's rate hikes fully go into effect, excess savings will dry up, and pent-up demand will fade. Labor market resilience and the Fed's latest messaging about the possibility of more rate hikes makes that dovish outcome "highly unlikely," Porter wrote. The Fed's interest rate decision — and potentially the economy's near-term future — hinges on how hot or cool inflation is in next Tuesday's report. BMO Capital MarketsBelow are 24 US stocks that currently have the best prospects for strong risk-adjusted returns, according to BMO.

☆ Amazon cited by Labor Department for exposing warehouse workers to safety hazards
▼ + stars: | 2023-01-18 | by ( Annie Palmer | ) www.cnbc.com time to read: +5 min

The Labor Department's Occupational Safety and Health Administration has issued citations against Amazon at three of its warehouses for exposing workers to safety hazards, the department announced Wednesday. Amazon also faces a separate investigation by the U.S. Attorney's Office's civil division that centers around worker safety hazards at the e-retailer's facilities nationwide. Amazon warehouse workers have previously complained that the company's pace of work prevents them from taking adequate bathroom and rest breaks, and leads to unfair disciplinary actions. In April, workers at an Amazon warehouse on New York's Staten Island voted to form the company's first U.S. union. Workers at another Staten Island facility rejected a union, while a second election at an Amazon warehouse in Alabama is being contested.

☆ KKR to buy S&P Global's engineering solutions unit for $975 mln
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +1 min

Jan 17 (Reuters) - Private equity giant KKR & Co (KKR.N) will buy S&P Global's (SPGI.N) engineering solutions business for $975 million, the financial services provider said on Tuesday. The move comes months after S&P Global said it would sell the unit, which serves more than 6,000 customers in the aerospace, defense, energy and architecture industries, among others. "The divestiture of Engineering Solutions to KKR allows us to further focus on driving growth in our core businesses," S&P Global Chief Executive Officer Douglas Peterson said. Shares of S&P Global were up marginally in afternoon trade. KKR's financing would come from its North America Fund XIII, which raised $19 billion last year.

☆ Davos: No recession after all? Business leaders more hopeful as China reopens
▼ + stars: | 2023-01-17 | by ( Julia Horowitz | ) edition.cnn.com time to read: +4 min

Davos, Switzerland CNN —Bullishness about the global economy has been in short supply among business leaders in recent months, with fears of recession clouding the outlook and restraining investment. That’s thanks in large part to China, whose sudden removal of strict coronavirus restrictions late last year is expected to unleash a wave of spending that may offset economic weakness in the United States and Europe. Near term, China is in the grip of its worst coronavirus outbreak, keeping many people indoors and emptying shops and restaurants in recent weeks. “I’m expecting a solid growth number for China in 2023,” said Kevin Rudd, president of the Asia Society and a former prime minister of Australia. “Maybe we will be surprised also in the first half of the year.”Averting a global recession is not a done deal, however.

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