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☆ Malaysia won't use interest rates to prop up the ringgit, says central bank deputy chief
▼ + stars: | 2024-05-14 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

Malaysia will not use monetary policy as a tool to shore up its currency, according to the central bank's deputy governor. Bank Negara's Adnan Zaylani Mohamad Zahid said the country's monetary policy decisions will be determined by economic growth and the inflation outlook. The ringgit currently does not reflect Malaysia's economic fundamentals and growth prospects, Bank Negara said in a statement last week. This has been fueled by expectations that the U.S. Federal Reserve could hold interest rates higher-for-longer as inflation remains sticky. Adnan Zaylani said the central bank expects the U.S. interest rate cycle to turn at "some point in time," which will then reflect on the "ringgit performance."

Persons: Bank Negara's Adnan Zaylani Mohamad Zahid, CNBC's, Adnan Zaylani Organizations: Bank, Bank Negara, Korean, U.S ., U.S . Federal Locations: Malaysia

☆ ‘We give birth only to lose them’: Injured Palestinian mothers grieve for babies killed in Gaza
▼ + stars: | 2024-05-14 | by ( Sarah Sirgany | Jomana Karadsheh | ) edition.cnn.com time to read: +11 min

Hijazi tells her story in a faint voice lying in a hospital bed in Doha, Qatar’s capital. Hijazi was evacuated from Gaza for medical treatment a month after her injury. Doctors Hasan Abuhejleh and Ahmed AlSaadi inspect Gaza patients at the Hamad hospital in Doha, Qatar. Like many patients coming out of Gaza, she has a drug-resistant infection picked up in the territory’s struggling hospitals. Despite the different outcome of their pregnancies, Alqutati and Hijazi describe a similar despair that shackles them to the horrors of the war in Gaza.

Persons: Raneem Hijazi, Azzouz, ”, Khan Younis, “, Mariam, cesarian, Hijazi, ‘, ’ ” Hijazi, hasn’t, I’ve, Hasan Abuhejleh, Ahmed AlSaadi, Hamad, Sanjiv Talreja, Ola, Darren Bull, Shaimaa Al, Ghoul, Hothaifa, Mohamed, Abdullah, Shahed Alqutati, Ali, ‘ Ali, ’, ‘ Shahed, Sham, Alqutati, I’ll, ” Hijazi Organizations: Doha CNN, CNN, Hamad Hospital, United Nations, Shifa Locations: Qatar, Doha, Gaza, Qatar’s, Egypt, orthopedics, Israel, Rafah, Territories, Sabha, Al, Gaza City

Smarter grids, like Chattanooga's, are just part of what it will take to modernize the American grid in the coming decades. A troubled transition to renewable energyOffshore wind farms are one of the growing areas of renewable energy. And the Edwards & Sanborn project, the US's largest solar energy and energy storage project in California, came online in January. Renewable energy is not only cleaner than fossil fuels but also often less expensive. Breaking down barriersThe US grid isn't designed for fluctuating renewable energy, so much of it goes to waste because clean-energy projects can't connect to the grid.

Persons: Kevin Schneider, Harris, Joe Rand, Joshua Rhodes, barleyman, Edwards, Rand, Philip Odonkor, Seib, headwinds, Julia Bovey, Ørsted, Bovey, Paul Denholm, We'll, Denholm, There's, PATRICK T, FALLON, we're, Schneider, We've, EPB, MISO, it's Organizations: Infrastructure, Service, Pacific Northwest National Laboratory, Nationwide, Biden, Lawrence Berkeley National Laboratory, University of Texas, Renewables, Sanborn, of Systems, Enterprises, Stevens Institute of Technology, Trump, Fork, Eversource Energy, National Renewable Energy Laboratory, Getty, Infrastructure Law Locations: Chattanooga , Tennessee, Chattanooga, EPB, Austin, Maine, North Carolina, California, United States

☆ There’s no way to be a perfect parent
▼ + stars: | 2024-05-13 | by ( Dr. Katie Hurley | ) edition.cnn.com time to read: +7 min

I was stuck in the revolving door of work and parenting, and nothing about my personal life was Instagram-worthy. Somewhere between 2006 and now, parenting became a crash course in achievement, with social media grading us at every turn. Children and parents alike have unknowingly entered a relentless pressure cooker under the constant spotlight of social media. These can result in a cycle of increased mental health issues for both the parent and the child. There are two social media tricks that can be life-changing for adults: Mute accounts (you’re the only one who will know!)

Persons: TikTok, ”, Jessica Lahey, Donald Winnicott, Winnicott, “, —, ” Lahey, Katie Hurley, Strong, Fiona McPhee Organizations: CNN, Facebook, Foods, Ohio State University College of Nursing, Netflix

☆ How to integrate OT and IT for maximum business value
▼ + stars: | 2024-05-13 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

By Ganesh Bukka, Vice President & Global Head, Industry 4.0, Hitachi Digital ServicesData is supposed to unlock operational efficiency and productivity. OT and IT integration can enable business agility, optimize operations, help businesses hone their competitive edge, and inform decision-making so they can quickly seize emerging business opportunities. Data integration supports intelligent decision-making, which in turn supports business continuityThe real-world perspective is essential because this is not a theoretical discussion. Realize OT and IT integration with an industry-experienced partnerAchieving that level of performance requires the intelligent integration of OT and IT. Learn more about how Hitachi Digital Services partners with companies to integrate OT and IT and empower informed decision-making.

Persons: Ganesh Bukka Organizations: Global, Industry, Hitachi Digital Services, Hitachi, Insider Studios

☆ This Old, Old House: Would You Buy a 1702 Fixer-Upper?
▼ + stars: | 2024-05-12 | by ( Steven Kurutz | ) www.nytimes.com time to read: 1 min

Lee McColgan’s career in finance was probably doomed as soon as he started visiting historic house museums. The first one he toured was the Fairbanks House, in Dedham, Mass., the oldest surviving timber-frame home in America, built in 1637. It was 2014, and Mr. McColgan was living in Omaha, where he worked as a sales representative for a large investment company. Despite a rural childhood in Vermont and an interest in visual arts and building, he had spent much of his adulthood working in a cubicle: five years of “jacking in” at a call center outside Boston, followed by several more as a Midwestern “external wholesaler” pitching mutual funds to financial advisers.

Persons: Lee McColgan’s, McColgan, “ Organizations: Fairbanks Locations: Dedham, Mass, America, Omaha, Vermont, ”, Boston

☆ What moms really need this Mother’s Day: Less body-shaming, more support
▼ + stars: | 2024-05-12 | by ( Analysis Oona Hanson | ) edition.cnn.com time to read: +8 min

CNN —Flowers and brunch are lovely for Mother’s Day, but there’s an invaluable gift almost every mom would enjoy: a healthier body image. But almost all postpartum moms, celebrity or not, face an unspoken mandate to “bounce back” to their pre-baby body. If moms feel preoccupied with their appearance, exercise or what they eat (even “healthy eating”), it could be a sign of significant maternal mental health problems. “The body isn’t what it was before. Awareness of these external diet culture directives can help moms start to push back against unrealistic and harmful ideals.

Persons: Oona Hanson, CNN —, I’ll, Gisele Bündchen, shouldn’t, you’ve, ”, Jen McLellan, Jill Schwartz, ” Schwartz, Debra Benfield, perimenopause, ” Benfield, It’s, Benfield, ” McLellan, “, Agne Jurkenaite, McLellan Organizations: CNN, Vogue, National Alliance for Locations: Albuquerque , New Mexico, Los Angeles, Winston, Salem , North Carolina, midlife

Orleck and Tamari are among at least 50 professors arrested at campus protests across the country, according to a CNN review of police records, court filings, and news reports. (Since April 18, more than 2,400 students have been arrested amid protests on more than 50 campuses.) Officials from several universities where professors were arrested in connection with recent protests declined to comment on individual cases. All the professors, Blair said, were “expecting to get arrested.” Though Blair himself was not arrested, at least four other UCLA professors were that day. “I want to say some of my colleagues, particularly at Emory and Washington University, were treated much more brutally.

Persons: Orleck, whiplash, Steve Tamari, Louis, Tamari, “, Caroline Fohlin’s, Fohlin, Gregory Pflugfelder, Isaac Kamola, Alex Kent, ”, Kamola, “ There’s, Gregory Fenves, Fenves, Emory, Carol Folt, Andrew Guzman, Minouche Shafik, Joseph Howley, Graeme Blair, Blair, ‘, ” Orleck, she’d “, they’re, Sian Leah Beilock, WMUR, ” Tamari, Mo, Christine Tannous, Andrew Martin, hasn’t, ‘ Don’t, “ Don’t, ” Michael Allen, ” Allen, Allen, I’m, St . Louis, Michael Allen “, Chancellor Martin, Bikrum Gill, Gill, ” Gill, it’s Organizations: CNN, Dartmouth College, Washington University, Palestinian, Emory University, Columbia University, New York Times, American Association of University, ’ Center, Defense, Faculty of Columbia University, Getty, Emory, University of Southern, USC, Columbia, UCLA, Justice, Green, Hanover Police Department, Police, Louis Post, AP Protesters, Boeing Company, Israel Defense Forces, University, Desirée, Virginia Tech Locations: New Hampshire, St, Palestinian American, Atlanta, New York, Columbia’s, Palestine, Gaza, Los, Los Angeles, Dartmouth, Emory, Palestinian, American, Louis , Missouri, Missouri, Illinois, Louis, Washington, Israel, St .

☆ Don’t ignore what your feet are trying to tell you about your health
▼ + stars: | 2024-05-10 | by ( Dan Baumgardt | University Of Bristol | ) edition.cnn.com time to read: +7 min

They’re also plumbed by blood vessels, which lead all the way from the heart. By the time blood vessels reach these extremities, like twigs from a tree, they have branched and got much smaller in size. This rare condition is sometimes called “trash foot,” because of the way in which the feet become so discolored. In adults, however, finding the Babinski sign is an altogether different story. In some otherwise healthy people though, the Babinski sign can be observed during deep sleep.

Persons: They’re, it’s, you’ve, “, —, Joseph Babinski, Dan Baumgardt Organizations: CNN, of Physiology, University of Bristol Locations: United Kingdom

☆ Read the email Target sent employees about changes to its Pride collection after 'challenging' last year
▼ + stars: | 2024-05-10 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

"As we all know, last year was challenging, and we've made some changes this year," the note said. On Friday, Target confirmed it will reduce the number of stores that carry its assortment of LGBTQ+ merchandise for Pride month in June. The company said it will offer a collection online and certain stores "based on historical sales performance." AdvertisementRead the email from Target to the LGBTQ+ employee group:Pride+ community,As you know, team members across Target have been working on our Pride 2024 plans for months. As we all know, last year was challenging, and we've made some changes this year based on guest insights and sales trends.

Persons: we've, —, Brand Marketing Carlos Saavedra, Saavedra, you'd, Ann, Jeff, Carlos Organizations: Service, Business, Bloomberg, Target, Brand Marketing, Pride Locations: Minneapolis , New York City

CNN —Russia’s President Vladimir Putin said his forces were “always ready” to combat external threats, as he addressed crowds gathered at Moscow’s Red Square on Thursday to celebrate the Soviet Union’s victory over Nazi Germany in World War II. Around 27 million people in the Soviet Union died in World War II, more than in any other country. Russian Defence Minister Sergei Shoigu salutes soldiers as he is driven along Red Square. Russian Foreign Ministry spokeswoman Maria Zakharova told TASS in an interview that “unfriendly countries” were not invited for a third Victory Day since the war in Ukraine began. His Victory Day address comes just days after the Russian leader was inaugurated for a fifth term in office, in a carefully choreographed ceremony.

Persons: CNN —, Vladimir Putin, “, Putin, ” Putin, ”, Sergei Shoigu, Alexander Nemenov, Sefa, Shoigu, Alexander Lukashenko of, Emomali, Serdar, Miguel Diaz, Thongloun, Maria Zakharova, ” Zakharova, Mikhail Klimentyev, Reuters Putin Organizations: CNN, Nazi, Russian, Getty, Canel, Russian Foreign Ministry, TASS, Sputnik, Reuters, Kyiv, Kremlin Locations: Soviet, Nazi Germany, Russia, Ukraine, “ Russia, AFP, Red Square, Anadolu, Alexander Lukashenko of Belarus, Kazakhstan, Tajikistan, Turkmenistan, Cuba, Laos, Guinea, Bissau, Russian, United States

☆ A '9-to-5 millionaire' shares 2 ways to increase your day job income — and the 'offense-defense' strategy that propelled him to financial independence
▼ + stars: | 2024-05-09 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Shao Chun Chen built wealth by sticking to simple principles: live below your means and invest early and regularly. Shao shared the strategies he used to increase his income while working his day job, plus the formula he used to achieve financial independence. Shao Chun Chen worked at Google Singapore for eight years. Shao Chun Chen"I forced myself. To play good offense, start by evaluating your day job.

Persons: Shao Chun Chen, He's, Merrill Lynch, Shao, you've, You've Organizations: Business, NTU Singapore, Google, BI, Google Singapore, National University of Singapore Locations: Singapore

☆ The FDIC is a 'boys club' where some senior execs pursued romantic relationships with their staff, says new report
▼ + stars: | 2024-05-08 | by ( Meghan Morris | ) www.businessinsider.com time to read: +4 min

The Federal Deposit Insurance Corporation, or FDIC, has a "patriarchal" culture, according to an independent report. The bank regulator took no action on dozens of harassment complaints and moved wrongdoers around. The report said the FDIC has dismissed myriad harassment complaints and that wrongdoers are moved around internally or promoted. AdvertisementThe independent investigators spent nine pages discussing FDIC chairman Martin Gruenberg's conduct. The FDIC did not immediately respond to a request for comment from Business Insider sent outside standard hours.

Persons: —, Cleary Gottlieb Steen, Hamilton, Martin Gruenberg's, Gruenberg, Travis Hill, Karine Jean, Pierre didn't Organizations: Federal Deposit Insurance Corporation, Service, Wall Street Journal, FDIC, Democrat, Republican, White, Business Insider Locations: wrongdoers, Gruenberg

☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ Neuralink's first in-human brain implant has experienced a problem, company says
▼ + stars: | 2024-05-08 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Neuralink has built a brain-computer interface, or a BCI, that could eventually help patients with paralysis control external technology using only their minds. But in the weeks following the procedure, a number of threads retracted from Arbaugh's brain, Neuralink said in a blog post Wednesday. Neuralink shared its blog post after the Journal asked the company about the issue, according to the report. Arbaugh said the Link is like a "luxury overload," and it has helped him to "reconnect with the world," according to the blog post. Neuralink is not the only company that is building a BCI system, and the technology has been explored in academic settings for decades.

Persons: Neuralink, Noland Arbaugh, Arbaugh Organizations: Elon, BCI, Wall Street Journal, U.S . Food, Drug Administration Locations: U.S

☆ How AI is changing OnlyFans and adult content creation, from chatting to 'AI twins,' and where the future is headed
▼ + stars: | 2024-05-07 | by ( Marta Biino | ) www.businessinsider.com time to read: +12 min

Many AI adult influencers have turned to OnlyFans competitor Fanvue to monetize their content. MySentient has been investing in creating "sentient" AI chatbots based on people that range from adult creators like Amouranth to Jesus. Elaina St James has used different AI tools to generate images of herself in different contexts and outfits. To create these characters, they use a variety of AI tools, including Unstable Diffusion, an AI image generator that focuses on NSFW content. Others see the power of AI but also the issues it could create for the adult industry as a whole.

Persons: Riley Reid, Ana Levy, Isla Moon, Jada Sparks, Fanvue, it's, OnlyFans, Fortune, Riley Reid's Clona, immortalize, Riley, MySentient, Amouranth, Jesus, Reese Leysen, Leysen, We've, Robert Weiss, that's, she'd, James, Elaina, James Level, —, Eva AI, MyClub.ai, Eva, MyClub, Jessica Moore, Elaina St James, St James, Zoe Fox, Aika Kittie, Margot Robbie, Influencer Sophie Annaston, she's, Sophie Annaston, who's, It's, Charles Lyle Organizations: Business, MyClub, AVN, Media Locations: Philippines, India, Pakistan, Canada, Spanish, Fanvue, Lipa

☆ Are iPhone sales growing or shrinking in China? That depends on which data points you look at, says an analyst.
▼ + stars: | 2024-05-06 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Tim Cook said iPhone sales grew in China, despite external research showing a decline. China accounted for 18% of Apple's sales, making it a critical market for the tech giant. However, over the last quarter, independent analysts have reported a slump in overall iPhone sales in China. iPhone sales in China are a closely watched metric because greater China accounted for 18% of Apple's sales across products in the first quarter, according to the earnings results. Related storiesCook's limited remarks on China's iPhone sales raised questions on Friday's call from analysts who compared Apple's data with independent reports.

Persons: Tim Cook, —, Cook, Max, Wells, Aaron Rakers, Will Wong, Wong Organizations: Apple, Service, Counterpoint Research, International Data Corporation, IDC, Bloomberg Locations: China, Hong Kong, Taiwan

☆ 2 bankers leave firm after investigation into their conduct with a cleaning contractor
▼ + stars: | 2024-05-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Two Stifel employees have left following an investigation into their conduct. Stifel told The Times of London it had "investigated and have taken appropriate action." AdvertisementTwo employees of Stifel have left the investment bank following an investigation into their conduct with a cleaning contractor. The Times of London first reported the story involving workers at the US bank's offices in the City of London, near St Paul's Cathedral. Stifel opened an investigation following allegations about improper relationships between employees and a "member of the external cleaning contractor," a Stifel representative told Bloomberg.

Persons: Stifel, — Organizations: St, Times, Service, Stifel, City of, Bloomberg, Business Locations: London, Louis, City, City of London, St Paul's Cathedral, Stifel

☆ Nobel Prize-winning economist Joseph Stiglitz says the US economy is on solid footing — but warns any one of these 4 major risks could spoil the expansion
▼ + stars: | 2024-05-04 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

The US economic expansion should continue in the months ahead, assuming there are no major external shocks, according to Nobel Prize-winning economist Joseph Stiglitz. Consumer spending, which makes up about two-thirds of the US economy, is still positive, and job gains have been robust. AdvertisementDespite his generally upbeat outlook, however, Stiglitz is concerned about a number of risks. 4 economic risks to watchThe first is that economic slowdowns happening elsewhere could seep into the US. Congress could shut down again, we might not get some of the necessary bills that we need to continue government," Stiglitz said.

Persons: Joseph Stiglitz, we've, Stiglitz, Brent, Mike Johnson, Trump, Putin Organizations: Service, Columbia University, Conference, Business, Republican Locations: Europe, China, Israel, Palestine, Lebanon, Iran, Ukraine, Russia, Taiwan, Eastern Europe

☆ Meta employees say internal posts on Palestine have been 'censored,' according to open letter to CEO Mark Zuckerberg
▼ + stars: | 2024-05-03 | by ( Kali Hays | ) www.businessinsider.com time to read: +5 min

A group of Meta employees is calling out what they claim is internal and external censorship by the company of any show of support for Palestine amid Israel's ongoing war with Hamas. The letter demanded a general improvement in corporate inclusion efforts at Meta and asked the company to stop deleting internal posts from employees regarding Palestine. Business Insider confirmed that the letter was authored by a group of current Meta employees, some of whom have linked to the letter in personal online profiles. While some improvements were made to the products, they "were achieved only by appealing to isolated product teams, with minimal senior leadership support or resources." Are you a Meta employee or someone with a tip or insight to share?

Persons: Mark Zuckerberg, Zuckerberg, Feedback, dismissiveness, Kali Hays Organizations: Palestine, Business, UN, Meta, BI, Hamas, Google Locations: Palestine, Gaza, Meta, Israel, Russia, Ukraine, Meta's Dublin, Ukrainian, khays@businessinsider.com

☆ Meta employees say internal posts on support for Palestinians have been 'censored,' in an open letter to CEO Mark Zuckerberg
▼ + stars: | 2024-05-03 | by ( Kali Hays | ) www.businessinsider.com time to read: +5 min

A group of Meta employees is calling out what they claim is internal and external censorship by the company of any show of support for Palestinians amid Israel's war with Hamas. Business Insider confirmed that the letter was authored by a group of current Meta employees, some of whom have linked to the letter on their personal online profiles. While some improvements were made to the products, they "were achieved only by appealing to isolated product teams, with minimal senior leadership support or resources," it added. Microsoft's internal communication app also saw debates among employees about the war and even inflammatory language, BI previously reported. Are you a Meta employee or someone with a tip or insight to share?

Persons: Mark Zuckerberg, Zuckerberg, Feedback, dismissiveness, Kali Hays Organizations: Business, UN, Meta, BI, Hamas, Google Locations: Palestine, Gaza, Israel, Russia, Ukraine, Meta's Dublin, Ukrainian, khays@businessinsider.com

☆ The portfolio manager whisperers
▼ + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +24 min

AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.

Persons: Taylor Swift, Travis Kelce, Goldman Sachs, —, That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, —, Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny

Major corporations often don't want to seem like they're taking one side politically, so they either sponsor both conventions, or neither. Conventions could see new sponsorsThe Democratic and Republican conventions this summer are the first fully in-person conventions since the 2016 election. Democratic convention organizers in April said if corporations had any reluctance to back the RNC, it hasn't hampered Chicago's efforts to lure donors. Microsoft in 2012 contributed over $1.5 million in a mix of in-kind and cash contributions to the Republican convention. JPMorgan donated $200,000 to the 2012 Republican convention and didn't write a check for the 2016 event.

Persons: Donald Trump, Jon Cherry, Rashad Robinson, Robinson, —, Fiserv, Greg Goldner, Trump, Donald Trump's, aren't, they'll, Joe Biden, Trent Morse, Morse, they've, Alison Prange, Reince Priebus, Priebus, it's, Steve Kornacki's, Biden, Nancy Pelosi, Michelle Yeoh, Natalie Edelstein, Michael Sacks, Sacks, J.B . Pritzker, Barack Obama, Alex Hornbrook, There's, Taylor Swift, she's, Mitt Romney, Obama, didn't, General Motors Organizations: Christian Media, The Gaylord, Center, Getty, Republican National Convention, Republican, NBC News, Trump, Fiserv Inc, Democratic, Fiserv, RNC, Resolute Consulting, GOP, Corporations, Fortune, Milwaukee Journal Sentinel, Democrats, White House, Milwaukee, NBC, Wall, Republican National Committee, Wall Street, Biden, TV, Kentucky Derby, Street Journal, Northwestern Mutual, Wisconsin Fortune, Democratic National Convention, WEC Energy Group, Manpower Group, Conventions, Metropolitan Milwaukee Association of Commerce, DNC, Convention, Chicago, Longtime Democratic, Illinois Gov, White, Correspondents, Commission, Facebook, Google, Microsoft, Bank of America, FEC, Meta, Skype, CNBC, JPMorgan Chase, Walmart, JPMorgan, General Motors, General, Motors, Comcast, Press, Trade Locations: Nashville , Tennessee, Milwaukee, Wisconsin, America, Chicago, NBCUniversal, Philadelphia

☆ Friday's analyst calls: Street reacts to Apple buybacks and Coinbase earnings
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +12 min

Analyst Scot Ciccarelli upgraded the retailer to buy from hold and raised his price target by $6 to $86. — Alex Harring 6: 22 a.m.: Here's what Wall Street thinks of Coinbase's earnings Coinbase's stronger-than-expected earnings have prompted analyst reactions. Barclays' Benjamin Budish (underweight, $179 price target unchanged, 21.8% downside): "The biggest question going forward is, how sustainable are these trends? — Alex Harring 6:12 a.m.: Wall Street reacts to Apple earnings Apple's buyback announcement has caught the eye of Wall Street analysts. Analyst Benjamin Nolan upgraded the railroad stock to buy from hold and increased his price target by $19 to $267.

Persons: Morgan Stanley, Jefferies, Bernstein, Aneesha Sherman, Sherman, — Alex Harring, Truist, Scot Ciccarelli, Ciccarelli, Ollie's, Estee Lauder, Dara Mohsenian, Mohsenian, Alex Harring, FactSet, Coinbase, what's, —, Goldman Sachs, Will Nance, Benjamin Budish, Oppenheimer's Owen Lau, JPMorgan's Samik Chatterjee, Morgan Stanley's Erik Woodring, Michael Ng, bullish, George Notter, Notter, We've, it's, Stifel, Benjamin Nolan, Nolan, — Alex Harring —, Michael Bloom Organizations: CNBC, Arista and Union Pacific, Apple, Arista, FactSet, Barclays, Bloomberg, ASU, Street, Services, Jefferies, Arista Networks, Nvidia, Microsoft, Meta, Pacific, Union Pacific Locations: F3Q, China, Thursday's

☆ Georgia rocked by protests as government pushes Putin-style ‘foreign agent’ bill
▼ + stars: | 2024-05-03 | by ( Christian Edwards | ) edition.cnn.com time to read: +9 min

CNN —After spending his days making wine in the foothills of the Caucasus Mountains, Tsotne Jafaridze returns home to Tbilisi, Georgia’s capital, and begins his new routine. Jafaridze, who also owns a travel business and says he receives 95% of his income from foreign sources, says he would “immediately” be listed as a foreign agent under the broadly-written law. But the government reintroduced the same bill in March and appears determined to force it through, despite protests that grow fiercer every week. Despite recent Russian aggression against Georgia, Georgian Dream has long been accused of harboring pro-Russian sympathies and its billionaire founder, Bidzina Ivanishvili, made his fortune in the Soviet Union. Bidzina Ivanishvili addresses a rally in support of the "foreign agent" law in Tbilisi, April 29, 2024.

Persons: Jafaridze, ”, Vladimir Putin, “, Giorgi Arjevanidze, isn’t, ” Natalie Sabanadze, –, Levan Khabeishvili, Khabeishvili, Bidzina Ivanishvili, ” Buziashvili, Ivanishvili, Bidzina, Shakh, Sabanandze, Irakli Kobakhidze, Kobakhidze, ” Sabanadze, Viktor Orban, Europe’s, Matthew Miller, Washington, Georgia “, Irakli Gedenidze, Viktor Yanukovych, doesn’t Organizations: CNN, European Union, Getty, EU, United National Movement, National Security Council, Soviet Army, Soviet Union, Belarus ’, Party, Georgian, Conservative Political, United, State Department, Protesters, Reuters Locations: Caucasus, Tbilisi, Georgia’s, Russia, Georgian, Russian, Soviet, AFP, Brussels, Georgia, Belarus, Ukraine, Soviet Union, Hungary, Hungarian, United States, stoke, ”

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