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☆ Video: How HairToStay subsidizes ‘cold capping’ for low-income chemotherapy patients
▼ + stars: | 2024-05-13 | by ( Mackenzie Happe | ) edition.cnn.com time to read: 1 min

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☆ Video: Drone footage reveals ‘catastrophic’ flooding in Brazil
▼ + stars: | 2024-05-04 | by ( Mackenzie Happe | ) edition.cnn.com time to read: 1 min

A February study from WalletHub examined the 100 largest US cities' levels of "financial distress." A February study from WalletHub, a personal finance company, examined the 100 largest US cities and calculated the level of "financial distress" for each. Interestingly, in an earlier WalletHub study that looked at financial distress at the state level, Arizona ranked just 16th least burdened. These cities' financial woes underscore the broader economic challenges, from unemployment to high living costs, that add stress to the residents' financial difficulties. How some cities are alleviating financial distressArizona's largest cities have become a model for financial stability in a post-pandemic economy, instituting policies designed to address recent financial hardships.

Persons: WalletHub, Gilbert, Chandler, Cassandra Happe, Christian Petersen, Happe Organizations: Arizona, Four Arizona, U.S . Census, Administrative, U.S ., Google, Scottsdale, Glendale, Business, Getty Locations: Chicago, Houston, New York, Arizona's, Four, U.S, Boise , Idaho, Arizona, Glendale, Scottsdale, Glendale , Arizona, Angeles, Dallas

☆ The 10 best U.S. cities for finding a job—New York and L.A. are not on the list
▼ + stars: | 2024-01-26 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

For those seeking new job opportunities, geography could be one way to narrow the search. Personal finance company WalletHub recently looked at more than 180 cities across the country and ranked its best cities for jobs based on metrics such as job openings per job seeker and median annual incomes. Here are the top 10 cities for job search according to WalletHub. "This ensures there will be plenty of hiring opportunities for people entering the workforce," says Cassandra Happe, WalletHub analyst. 1 best U.S. city to live in is Cambridge, Massachusetts—see which other cities made the listMoving to a new city?

Persons: Cassandra Happe, Daniel Zhao Organizations: jobseekers, U.S Locations: WalletHub, Scottsdale , Arizona Tampa , Florida Salt Lake City , Utah Columbia , Maryland Austin , Texas Atlanta , Georgia Seattle, Washington Pittsburgh , Pennsylvania Plano , Texas Boston , Massachusetts Scottsdale, Tampa, Salt Lake City, Cambridge , Massachusetts, U.S

☆ The 4 best industries to work in, according to Glassdoor—some jobs can pay more than $200,000
▼ + stars: | 2024-01-24 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

About a third, 29% want more flexible work hours, according to Monster's 2024 Work Watch Report. Job search site Glassdoor recently released its Best Places to Work report, including a list of the 100 best large companies to work for based on current and previous employee reviews. Glassdoor looked at which came up the most to decipher the best industries to work for as well. Here are their top four industries, including examples of jobs and how much they pay. TechThere were 31 tech companies on the list, crowning the industry as the best one to work for overall.

Persons: Glassdoor, Daniel Zhao, Zhao, Cassandra Happe, Booz Allen Hamilton, Fannie Mae Organizations: Workers, Tech, WalletHub, Companies, NVIDIA, Procore Technologies, VMWare, Bain & Company . Companies, McKinsey & Company, Booz, Huron Consulting Group, Bain & Company, Finance, Fidelity Investments, Mastercard, & $ Locations: Glassdoor

☆ The best states to find a job, ranked
▼ + stars: | 2023-12-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Washington is the best state for jobs, a new study has found. WalletHub analyzed the best and worst states on factors including work-related stress and salaries. That's according to a new study from personal finance website, WalletHub, which recently analyzed the best and worst states for jobs across the US. West Virginia was ranked the lowest for jobs, suffering from low salaries and high work-related stress. Here are the best and worst states for jobs:AdvertisementBest States for JobsWashington Virginia Utah Vermont Florida Maryland South Dakota Colorado Massachusetts Rhode IslandWorst States for Jobs

Persons: WalletHub, —, Cassandra Happe Organizations: West, Service, Washington, Workers, West Virginia, Jobs Washington, Jobs Washington Virginia Utah Vermont Florida Maryland South, Jobs Washington Virginia Utah Vermont Florida Maryland South Dakota Colorado Massachusetts Rhode Locations: West Virginia, Kentucky, Alaska, Washington, Seattle, Maryland, South Dakota, West, Jobs Washington Virginia Utah Vermont Florida, Jobs Washington Virginia Utah Vermont Florida Maryland South Dakota Colorado Massachusetts

☆ Want to see what weak discretionary spending looks like? See Winnebago's results
▼ + stars: | 2023-10-18 | by ( Robert Hum | ) www.cnbc.com time to read: +2 min

But that masked a big problem for the company – weaker discretionary spending. Winnebago blamed "lower unit sales related to current market conditions and dealer efforts to reduce inventories, and higher discounts and allowances." CEO Michael Happe said "the consumer market continues to be challenged, and our fourth quarter results reflect a stubborn retail environment." By the second half of the fiscal year, though, Happe is optimistic that inventories will normalize and consumer demand will stabilize. Winnebago's stock, which was down 3% Wednesday, had fallen about 13% over the last three months, far underperforming the broader market.

Persons: Winnebago, RVs, Price, Michael Happe, Happe Organizations: Winnebago Industries Inc, Industries Locations: Salt Lake City , Utah, U.S, Winnebago

☆ Stocks making the biggest moves midday: United Airlines, Nvidia, Morgan Stanley and more
▼ + stars: | 2023-10-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Late Tuesday, the company posted third-quarter results that fell short of Wall Street's expectations on the top and bottom lines. The company posted third-quarter adjusted earnings of $1.55 per share on adjusted revenue of $1.14 billion. Abbott posted earnings of $1.14 per share, excluding items, beating analysts' estimates by 4 cents a share, according to FactSet. It posted revenue of $2.69 billion, which was not immediately comparable to consensus estimates. It posted revenue of $771.0 million, lower than the consensus estimate of $784.3 million, according to FactSet.

Persons: Morgan Stanley, . Hunt, Gamble — Procter, LSEG, Abbott, Michael Happe, —, Yun Li, Sarah Min, Tanaya, Hakyung Kim, Pia Singh Organizations: United Airlines —, United Airlines, Nvidia, U.S, Citi, Devices, Marvell Technology, Hunt Transport Services, LSEG, Interactive, Procter, Gamble, Abbott, Financial, Citizens Financial, State, FactSet, Winnebago Industries, Winnebago, Bancorp, U.S . Bancorp, Bank of America Locations: Tel Aviv, Israel, China, LSEG, Albemarle —

July 25 (Reuters) - The U.S. economy may ultimately skirt a recession, but it's felt like one for months at Jon Ferrando's 103 RV dealerships. "Our industry has always been a little challenged on forecasting around demand," said Jason Lippert, CEO of LCI Industries, a large supplier of parts to the RV industry that is also based in Elkhart. "If I was just looking at RV data, I would be screaming recession," said Michael Hicks, an economics professor at Ball State University in Indiana who tracks the industry, adding that pullbacks in RV shipments have signaled every U.S. recession since 1981. "We expect in the second half of this year shipments (of RVs) will start to increase again," Geraci said. Gregg Fore, an RV industry consultant who previously ran an RV parts supplier, said half the new inventory at some dealers he works with are 2022 models.

Persons: it's, Jon Ferrando's, Ferrando, Michael Happe, Eden, Jason Lippert, Michael Hicks, RVIA, Monika Geraci, Geraci, Gregg Fore, Tyler Hermon, Timothy Aeppel, Dan Burns, Paul Simao Organizations: Winnebago Industries, Federal Reserve, RV Industry Association, Thor Industries, LCI Industries, Ball State University, Dealers, Thomson Locations: U.S, Fort Lauderdale , Florida, RVs, United States, Elkhart , Indiana, Eden Prairie , Minnesota, Elkhart, Indiana, North America, RVing

☆ GE finance chief Dybeck Happe to step down
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

May 18 (Reuters) - General Electric Co (GE.N) said on Thursday Carolina Dybeck Happe would step down as finance chief of the industrial giant, as it prepares to complete the spin-offs of its businesses next year. Rahul Ghai will become the CFO of GE, effective Sept. 1, while retaining his role as the finance chief of GE Aerospace, which he has held since August 2022, the company said in a statement. "Since Rahul joined GE Aerospace, we have benefited greatly from his leadership, including his wealth of experience as a public company CFO and with the spin-off process," GE CEO Larry Culp said. Moller-Maersk executive, Dybeck Happe took over as GE's CFO in early 2020. In late 2021, GE announced it would split into three public companies that would focus on energy, healthcare and aviation.

☆ Did My 1967 Experiment Inspire China’s Spy Balloon?
▼ + stars: | 2023-02-18 | by ( Richard A. Muller | ) www.wsj.com time to read: 1 min

China accused the U.S. on Monday of having sent more than 10 large balloons into its airspace over the past few years. I might have been the first to do so—but it was long ago, and if I’m guilty, it was inadvertent. Like China’s balloon that sailed over the U.S. this year, mine was about 200 feet tall and flew at 65,000 feet. Mine was launched in 1967 and bore the name “HAPPE” on the container holding the craft’s data-collection instruments, known as its science package. Is it a coincidence that, according to the Journal, China named its balloon program, begun in the late 1960s or ’70s, the HAPI project?

☆ GE’s Finance Chief Sees Future for AI Across Company’s Business
▼ + stars: | 2023-02-08 | by ( Thomas Gryta | ) www.wsj.com time to read: +3 min

General Electric Co. sees a future for using generative artificial intelligence like ChatGPT across its business, from the shop floor to the front office, according to Carolina Dybeck Happe, the company’s chief financial officer. Ms. Dybeck Happe said the use of AI in manufacturing begins with gathering a huge amount of data from different complex systems. A native of Sweden, she joined GE after spending about a year as finance chief of Denmark-based shipping giant A.P. She became GE’s finance chief in early 2020, taking on a role traditionally held by long-term employees of the company, which has long prided itself on its management training. Using artificial intelligence and automation is part of increasing efficiency and quality, Ms. Dybeck Happe said.

☆ GE Healthcare Plans to Reduce Debt and Costs, Pursue Tuck-In Acquisitions
▼ + stars: | 2022-12-08 | by ( Nina Trentmann | ) www.wsj.com time to read: +5 min

As a stand-alone company, GE Healthcare will also look to improve its working capital and lower logistics costs, Mr. Zodl said. GE Healthcare will also take a look at its real estate holdings and target over 100 sites, executives said. Ratings firms S&P Global Ratings, Fitch Ratings and Moody’s Investors Service have all given GE Healthcare an investment-grade rating. PREVIEWApart from reducing debt and costs, GE Healthcare will scout for potential tuck-in acquisition targets, Chief Executive Peter Arduini said. GE retains a 19.9% stake in GE Healthcare.

☆ We're seeing the normalization of demand after two record years, says Winnebago CEO
▼ + stars: | 2022-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're seeing the normalization of demand after two record years, says Winnebago CEOMichael Happe, the CEO of Winnebago, joins 'Power Lunch' to discuss consumer discretionary spending on RVs and motorhomes, the ability for product diversity to strengthen the stability of consumer demand and the company's new electric RV offering.

Oct 25 (Reuters) - General Electric Co (GE.N) on Tuesday trimmed its full-year profit forecast after reporting a decline in third-quarter earnings, primarily due to higher warranty and related reserves at its renewable energy business. The company, which is in the process of breaking up into three companies, is facing challenges at its onshore wind business. The restructuring will also affect jobs at its renewable energy unit's headquarters, he said. The company said corporate restructuring along with cuts at renewable energy business will cost $1.3 billion and generate $950 million in annualized savings. Excluding a $500 million warranty and related reserves at its renewable energy business, quarterly profit would have been 75 cents a share.

☆ GE cuts annual forecast, posts 19% drop in adjusted profit
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +2 min

Oct 25 (Reuters) - General Electric Co (GE.N) reported a 19% drop in adjusted quarterly profit and cut its annual earnings forecast on Tuesday, as it struggles with supply snarls, inflationary pressures and weakness in its renewable energy business. The U.S. industrial conglomerate cut its full-year adjusted profit forecast to $2.40 to $2.80 per share, compared with an earlier expectation of $2.80 to $3.50, primarily driven by warranty costs and reserves at its renewable unit. Register now for FREE unlimited access to Reuters.com RegisterThe company, which is in the process of breaking up into three companies, said adjusted profit fell to $1.06 billion for the quarter through September from $1.32 billion, a year earlier. Reuters reported earlier this month that GE is laying off workers at its renewable business' onshore wind unit. Free cash flow, a closely watched metric, fell about 11% to $1.19 billion in the third quarter.

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