DIRS.INFO The most relevant business & tech news

☆ 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

☆ What does Goldman Sachs want in a coder? For them to have studied philosophy
▼ + stars: | 2024-04-18 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Read previewArtificial intelligence is redefining what it takes to be a software engineer on Wall Street. A typical software developer holds a computer science degree. Goldman Sachs' chief information officer, Marco Argenti, recently encouraged his daughter, a college student, to concentrate her education on philosophy if she wants to pursue a career in engineering. AdvertisementZafar said he's paying more attention to people with "a computer science degree and an English minor," or "a psychology major and a computer science minor." Advertisement"That software engineer might get replaced by a sort of prompt engineer," Vyas said.

Persons: —, Goldman Sachs, Marco Argenti, Argenti, he's, it's, Citi's, Shadman Zafar, Zafar, Jensen Huang, Ken Griffin, Deepali Vyas, Korn, Vyas Organizations: Service, Wall, Business, Harvard, Amazon Web Services, Nvidia, World, Citadel Locations: Dubai

☆ Blackstone hires Walmart AI whiz to supercharge its portfolio companies
▼ + stars: | 2024-04-15 | by ( Bianca Chan | ) www.businessinsider.com time to read: +4 min

Private equity is ramping up its AI hiring efforts, with Blackstone snagging a key executive to oversee how AI will be applied at its some 230 portfolio companies. Mehrotra will lead Applied AI within Blackstone's data science team, Matthew Katz, Blackstone's global head of data science, told Business Insider in a written statement. Mehrotra comes to Wall Street from Walmart, where he led applied AI efforts at the retailer and managed a team of more than 400 data scientists. Related storyWhile at Walmart, Mehrotra was the vice president of applied AI, leading a team responsible for how AI was mixed into merchandising, including assortment, pricing, and inventory management. AdvertisementLike its peers, Blackstone is eager to take advantage of AI, which stands to shake up businesses across virtually all industries.

Persons: Blackstone, Prakhar Mehrotra, Mehrotra, Matthew Katz, Blackstone's, Franz Edelman, Katz, Deepali Vyas, Zac Maufe, Manoj Mahenthiran, Thomas H, Lee Organizations: Service, Walmart, Twitter, CalTech, Blackstone, Blackstone . Data Locations: Boston, Blackstone

☆ Private equity firms are 'clamoring' to hire AI executives with some offering pay packages of up to $2 million
▼ + stars: | 2024-04-11 | by ( Bianca Chan | ) www.businessinsider.com time to read: +3 min

PE firms are eager to hire leaders with AI and machine-learning experience. She is now engaged in more than 10 more assignments for similar hires among middle-market and large PE firms. PE firms have more recently started to embrace cloud and AI technology and see it as a business differentiator. Unlike other Wall Street firms that invest billions in their own tech stacks, PE firms are upgrading their portfolio companies' technology. It's not just at the leadership level where PE firms are looking for this kind of talent.

Persons: Deepali Vyas, Vyas, It's, Thomas H Organizations: Service, Business, Blackstone, JPMorgan, Artificial Intelligence Management, Lee Partners Locations: Boston, Swedish

☆ AI fever is triggering a new hunt for tech talent on Wall Street. 5 recruiters outline in-demand tech roles that can pay from $250,000 to $2 million.
▼ + stars: | 2024-04-09 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWall Street firms are switching into hiring gear. Banks, hedge funds, and private equity firms are back on the hunt for tech talent, several recruiters told Business Insider. Across the Street, finance firms are witnessing the AI transformation being led by tech giants like OpenAI and Nvidia. Hodzic added that, on average, the technology business at Selby Jennings is registering 25% more job orders a week compared to this time last year.

Persons: —, Giancarlo Hirsch, Deepali Vyas, she's, Vyas, Ben Hodzic, Selby Jennings, Hodzic, Glocomms, Hirsch, whittle, Banks, Andy Legg, Dennis Baden, Baden, Korn Ferry's Vyas Organizations: Service, Finance, Business, Blackstone, JPMorgan, Vyas, Nvidia, They're, Wall, Riviera Partners, Google, Banks Locations: Selby

☆ Players Championship: Ben Silverman spent all morning practicing one do-or-die shot. Here’s how it went
▼ + stars: | 2024-03-16 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —Needing to make one miracle shot to stay in The Players Championship, it was do-or-die for Ben Silverman. “Let’s go make it happen,” his caddie quipped as he left the range, recorded in a video posted by the PGA Tour on X. pic.twitter.com/sfH6F6iNyl — PGA TOUR (@PGATOUR) March 16, 2024Yet there were no regrets from Silverman, a 14-year professional who has won twice on the Korn Ferry Tour, the PGA Tour’s developmental circuit. “There’s no point in putting so much pressure on it, just do the best I can,” reflected Silverman, who was making his Players Championship debut. The Japanese golfer teed off from the same hole Saturday morning at even-par overall, but saw his make-or-break 34-foot birdie putt come up just short to fall one shot short of the cut line.

Persons: Ben Silverman, Silverman, Ryo Hisatsune, “ Let’s, Silverman –, sfH6F6iNyl, ”, “ Didn’t, ” Silverman, Mike Ehrmann, Hisatsune, teed, Justin Thomas, Jordan Spieth, Thomas, Wyndham Clark, Xander Schauffele, Nick Taylor Organizations: CNN, PGA, TPC Locations: –

☆ Here are Thursday's biggest analyst calls: Tesla, Apple, Microsoft, Delta, Disney, Snowflake, Okta, Salesforce & more
▼ + stars: | 2024-02-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Goldman Sachs reiterates Salesforce as buy Goldman said it's standing by its buy rating following the company's robust earnings report on Wednesday. "Multiple high-profile catalysts should double revs by FY28 & support an Outperform rating with a $54 PT." "We initiate coverage of Gates Industrial (GTES) with a Buy rating and $21 price target. The more aggressive stance follows a near week long sell-off in COLD shares following 4Q results and initial 2024 guidance." Goldman Sachs reiterates Microsoft as buy Goldman said it's standing by its buy rating after a meeting with Microsoft investor relations.

Persons: Jefferies, Roth, Roth MKM, Morgan Stanley downgrades Snowflake, Morgan Stanley, Goldman Sachs, Salesforce, Goldman, it's, TD Cowen downgrades Macy's, Telsey, TD Cowen, Wells, Needham, " Jefferies, Tesla, Coupang, Baird, Cantor Fitzgerald, Cantor, Gates, Piper Sandler, Piper, Raymond James, William Blair, Gordon Haskett downgrades, Haskett, Frank Slootman's Organizations: Jefferies, Barrick Gold, NEM, UBS, Apple, Mar, Bitdeer Technologies, BTC, Citi, United Airlines, Delta, Delta Air Lines Inc, DAL, Deere & Company, American Airlines Citi, Catalyst Watch, Reliance, Star India, JV, UBS downgrades Republic Services, Downside, RBC, Xenia Hotels, Resorts, Deutsche Bank, Deutsche, Products, Gates, NTR, LXU, UW, Bank of America, underperform Bank of America, Realty Trust, Fidelity, Korn, Microsoft, Macquarie Locations: U.S, China, American's, DIS's, Xenia, Federal, Korea

☆ Jake Knapp: Two years ago, he was a nightclub bouncer. Now, he’s a $1.4 million PGA Tour champion
▼ + stars: | 2024-02-26 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

CNN —Just two years ago, a cash-strapped Jake Knapp was steering inebriated revelers towards the nightclub exit. “For the rest of my life, this will be my first win on the PGA Tour. Orlando Ramirez/Getty ImagesKnapp won despite hitting just two fairways during the final round, the fewest ever made by a PGA Tour event winner since tracking began in 1983. “I was thankful I wasn’t living off that job; it helped fund mini-tour stuff and [PGA Tour] Canada that summer. “‘Winner, winner, chicken dinner,’ that’s his go-to,” Knapp said.

Persons: Jake Knapp, Knapp, Sami Valimaki, “ I’ll, ” Knapp, ” Knapp toasts, Orlando Ramirez, ”, “, Hector Vivas, ’ Knapp, Gordon Bowley, Bowley, –, C’mon, ’, ’ that’s, he’d Organizations: CNN, Mexico, PGA, American, University of California –, UCLA, Country, Costa Mesa United Locations: Vidanta Vallarta, Finnish, University of California – Los Angeles, Costa Mesa, Canada

☆ Finding a job is getting harder even in a strong labor market: ‘It’s just a mess,’ says recruiting pro
▼ + stars: | 2024-02-16 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

The job market might look solid on paper — unemployment is low, job openings are high — but the reality for many Americans on the job hunt tells a different story. "I just think the numbers are underselling how hard it is for job seekers right now." Economists and recruiters say lingering expectations from the "great resignation" and businesses' fears about an imminent recession could be to blame for job seekers' malaise. "How people feel about the job market is informed by their recent experiences with the job market," Glassdoor chief economist Daniel Zhao recently told CNBC. So even if 2024 is shaping up to be a relatively healthy labor market by recent comparison, it doesn't feel quite as strong."

Persons: ghosting, Javier Serrano, Serrano, Daniel Zhao, Bert Bean, aren't, Zhao, it's, Dan Kaplan, Kaplan Organizations: LinkedIn, CNBC, Insight Locations: Orlando, boardrooms

☆ Cristóbal Del Sobar: Chilean golfer sets new PGA Tour record round
▼ + stars: | 2024-02-09 | by ( Jack Bantock | ) edition.cnn.com time to read: +2 min

CNN —Cristóbal del Solar wrote his name into the history books on Thursday, as the Chilean golfer shot a 13-under 57 at the Astara Golf Championship to set the new record for the lowest round ever shot at a PGA Tour-sanctioned event. Del Solar’s bogey-free feat bests the previous record set by Germany’s Stephan Jaeger and “Mr. “Incredible, man,” del Solar told reporters. “Hopefully, I’ll celebrate Sunday as well,” del Solar added. Last week, del Solar’s Chilean compatriot Joaquin Niemann shot a 12-under 59 at the LIV Golf season opener in Mayakoba, Mexico, carding an eagle and 10 birdies.

Persons: CNN —, Del Solar’s, Germany’s Stephan Jaeger, “ Mr, Jim Furyk, Ellie Mae Classic, ”, “, You’re, ’ “, Hector Vivas, Brian Campbell, Michael Johnson, Ireland’s David Carey, Joaquin Niemann Organizations: CNN, Florida State, Country Club de Bogotá, PGA, Paco, PGA Tour’s, Solar, LIV Locations: Chilean, Bogota, Colombia, Mayakoba, Mexico

☆ Retail CEO turnover soars, and fewer women hold top jobs in the industry
▼ + stars: | 2024-01-25 | by ( Courtney Reagan | ) www.cnbc.com time to read: +2 min

Last year, U.S. companies announced 55% more CEO changes than in 2022, according to outplacement firm Challenger, Gray & Christmas. Boards didn't want to make changes, CEOs themselves didn't want to leave. The retail industry in 2023 saw 52 CEO departures, its second-highest number since Challenger, Gray & Christmas started tracking them, and more than double the 21 CEO turnovers in 2022, according to the firm's data. It was below 2019's record 63 CEO departures in the industry. In Korn Ferry's separate analysis of retail CEO turnover in 2023, the executive recruitment firm found 57% of new chief executives named in the industry last year were already working for the company they will lead.

Persons: Michelle Gass, Levi Strauss, Macy's, Andy Challenger, Challenger, Korn Organizations: Kohls Corp, National Retail Federation Inc, Challenger Locations: New York, U.S

☆ With a possible cooler labor market this year, here are 4 tips for getting a job in 2024
▼ + stars: | 2024-01-20 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

Zhao, Croucher, and career coach Stacey Perkins outlined four tips for job seekers in today's labor market. Make a job planPerkins, a career coach at organizational consulting firm Korn Ferry, suggested job seekers figure out a robust strategy for job searching, which doesn't mean simply submitting your résumé to many places. Perkins suggested looking at who you have a mutual connection with or identifying who you already know at the places noted on the list. AdvertisementFor people just graduating and looking for work, Croucher suggested looking for an internship first because it could be easier to get. AdvertisementBut job seekers should be picky about what they want to include.

Persons: —, Daniel Zhao, Zhao, Rebecca Croucher, Croucher, Stacey Perkins, Perkins, Korn Ferry, you've, It's, it's Organizations: Service, Business, Labor Statistics hasn't, BLS, North Locations: North America, ManpowerGroup

Johnson’s 29 on the front nine was the lowest nine-hole score in his 493 career PGA Tour starts, and he needed only 10 putts to do it. “La Quinta Country Club is legitimately one of the purest places we play on the PGA Tour year-in, year-out,” Johnson said. The 41-year-old 10-time European Tour winner is still seeking his first PGA Tour title. This course is beautiful.”Hoey — the Philippines-born, Rancho-Cucamonga-raised product of USC — excelled in his fourth PGA Tour start. Hoey is among the 30 American Express participants who earned their PGA Tour cards from last year's Korn Ferry Tour.

Persons: — Zach Johnson, Johnson, Sweden's Alex Noren, “, ” Johnson, I’ve, outdid, Rico Hoey, Christiaan Bezuidenhout, Patrick Cantlay, Xander Schauffele, Justin Thomas, Australia's Min Woo Lee, Si Woo Kim, ” Noren, ” Hoey, USC —, Hoey, Korn, ”, ” Thomas, hasn't, Scottie Scheffler, Rickie Fowler, Wyndham Clark, Bob Hope, ___ Organizations: Ryder, American Express, La Quinta Country, Quinta Country, PGA, USC, Southern California, Nicklaus, Quinta Locations: QUINTA, Calif, U.S, Coachella, Quinta, Philippines, Rancho, Cucamonga, Palm

LA QUINTA, Calif. (AP) — The PGA Tour is back on the mainland in the Palm Springs area, where the mandate is always to go low. “I feel like the easier courses on tour, you can’t really get behind, just because it’s so much harder to catch up,” top-ranked Scottie Scheffler said Wednesday. “You can make two, three, four, five birdies in a row out here, but when you’re making pars, you’re feeling like you’re falling behind. Whitney, who made his first PGA Tour cut at this event in 2018, is starting his first full year on tour. “I know the scores will be low, but you’ve still got to play really well,” Lee said of The American Express.

Persons: mettle, Scottie Scheffler, can’t, You’ve, Bob Hope, Woods, Patrick Cantlay, Si Woo Kim, “, ”, Cantlay, you’ve, Xander Schauffele, Jon Rahm isn't, Justin Thomas, GUY, Tom Whitney, La Quinta High School . Whitney, ” Whitney, I’ve, Min Woo Lee, Aussie, ” Lee, Jon Rahm, it’s Organizations: American Express, PGA West, Quinta, U.S, Bob Hope Desert, Hollywood, UCLA, Southern, LIV, GUY All, Air Force, La Quinta High School ., PGA Tour, Los Angeles Country Club, The American Express Locations: QUINTA, Calif, Palm Springs, Hawaii, Long Beach, Las Vegas

As big as the win was for Murray, it was a tough loss for Byeong Hun An and Keegan Bradley. But after Murray made his 40-footer, and Bradley missed his 18-foot birdie putt, An missed the short putt. Bradley broke out of a five-way tie with a 20-foot birdie putt on 15th hole. Yuan made his mistake on the par-3 17th, missing the green left and missing a 4-foot par putt to fall out of the lead. Murray followed with a wedge to 3 feet for birdie, and Bradley missed his potential winner from just inside 25 feet.

Persons: — Grayson Murray, Murray, —, Byeong Hun, Keegan Bradley, Bradley, Kevin Na, Korn, “, ”, ” Carl Yuan, Russell Henley, Henley, Yuan, Poston Organizations: Sony Locations: HONOLULU, Hawaii, Honolulu, J.T

The final round of the Sony Open might give him a good idea of how far he has come. Murray got up-and-down from a bunker on the par-5 18th on for birdie and a 6-under to share the lead with Keegan Bradley going into the final round at Waialae in a Sony Open that is hardly a two-man race. Bradley, a former major champion who has played in two Ryder Cups, is going for his third PGA Tour title in the last 16 months. Murray's only PGA Tour win was an opposite-field event more than six years ago. Murray dedicated himself to the Korn Ferry Tour last year, won and was among the top 30 who earned PGA Tour cards.

Persons: Grayson Murray, Murray, Keegan Bradley, Bradley, Murray's, Kevin Na, It's, Korn, ” Murray, “, Sam Stevens, Chris Kirk, Justin Thomas, Ernie Els, Kirk, Chris, Tiger Woods, ” Semikawa, Semikawa, ” Bradley, I've, ” Organizations: Sony, Ryder, he's, Sentry, Japan Locations: HONOLULU, Bermuda, Waikiki, Japan

He missed it when it became a World Golf Championship for only Ryder Cup and Presidents Cup players. So what to make of this new PGA Tour model of signature events and $20 million purses with small fields and most of them not having cuts? "If all the players play in those and we get great fields playing for a lot of money, then it's great. And the PGA Tour has been about doing the best for everybody, for all the pros and members. “So I'm a little mixed on that.”That's what the PGA Tour is facing this year.

Persons: — Stewart Cink, Cink, I'm, LIV, ” Cink, It's, Cink —, he's, Brian Harman, Jon Rahm, Max Homa, Patrick Cantlay, Cantlay, Rory McIlroy, Jordan Spieth, Scottie Scheffler, Kurt Kitayama, Arnold Palmer, “, Harman, Tyrrell Hatton, Tommy Fleetwood, McIlroy, Hatton, ” Hatton, ” Organizations: British, Sony, PGA, Firestone, Ryder, Cup, FedEx, LIV Golf, Arnold Palmer Invitational, Dubai, Dubai Invitational, Fleetwood, Alaska Airlines Locations: HONOLULU, Hawaii, Saudi, East Lake, Atlanta, Riviera, Bay Hill, Maui, Kapalua, San Francisco, Portland , Oregon, London, Dubai, Florida, West Coast

☆ Jack Dorsey is getting rid of annual reviews and PIPs at Block. I asked our workplace correspondent if it's a trend.
▼ + stars: | 2023-11-27 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Jack Dorsey says Block will no longer do performance reviews or performance-improvement plans. She told me she thought PIPs — performance improvement plans — were underused because companies don't necessarily want to do the legwork that often goes with them. Jack Dorsey's Block just announced that they're going to stop doing PIPs and just fire people who aren't up to snuff. So, having some ability to correct your things you're doing wrong — that's important. Block is also getting rid of annual performance reviews.

Persons: Jack Dorsey, Block, Tim Paradis, Dorsey, —, BI's, who's, you've, Gen Z, Korn, they're, Jack Dorsey's Block, it's Organizations: Service, Business Locations: Valley

☆ More workers should be on PIPs, but they have to be used right first
▼ + stars: | 2023-11-14 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

AdvertisementYou were just told you're being put on a performance-improvement plan at work. Instead, she said, bosses need to be undertaking the essential and sometimes difficult work of coaching workers who need to beef up their performance. Ask about your chances of surviving a PIPNot all PIPs are necessarily well-intentioned efforts to help workers, of course. In many cases, workers have said they felt unfairly targeted by PIPs . AdvertisementFalcone said a good PIP, used judiciously, can help both sides.

Persons: they're, —, Jeanne MacDonald, MacDonald, Paul Falcone, he's, Falcone, Falcone doesn't, He's, yank —, Danna Greenberg, It's Organizations: Service, Korn, Workers, Babson College

SOUTHAMPTON, Bermuda (AP) — Alex Noren worked hard on his wedge game and it paid off Thursday in the Butterfield Bermuda Championship with 10-under 61, giving him a two-shot lead among early starters on a calm day at Port Royal. He set a tournament record with 11 birdies, and his 61 broke by two shots his lowest score on the PGA Tour. “It was quite easy conditions and there's a lot of wedges out there,” Noren said. Garrigus hasn't made the cut in a PGA Tour or Korn Ferry Tour event since April 2022, a dubious stretch of 20 tournaments. The previous PGA Tour record was 59 straight fairways.

Persons: — Alex Noren, Noren, Vince Whaley, Dylan Wu, Robert Garrigus, ” Noren, ”, Byron Nelson, Woods, Erik van Rooyen, Van Rooyen, Garrigus, Garrigus hasn't, I’ve, ” Garrigus, “ I’ve, Wu, Adam Long, Long, “, ” Long Organizations: Butterfield Bermuda, Port Royal, PGA, PGA Tour, FedEx Locations: SOUTHAMPTON, Bermuda, Japan, Mexico, Minnesota, Port, Garrigus, Las Vegas

Boston University said Tuesday that its initial inquiry into the antiracist research center run by best-selling author and academic Ibram X. Kendi found no issues with how it managed its finances. The university launched the inquiry into the financials of the BU Center for Antiracist Research, or CAR, in September, after acknowledging the organization was laying off about half of its staff and changing its operating model. The center has raised more than $50 million, with $30 million of that put into an endowment, the university said. The university's inquiry will continue, now focusing on the center's management of grants from outside funders, including the extent to which it complied with required reporting. The university's inquiry and finding announced Tuesday aimed to address those questions, though the university declined a request to share the audit.

Persons: Kendi, Gary Nicksa, ”, George Floyd, ” Kendi, Korn, “ I’ve, Earl Lewis, Andrew W, Lewis, “, ’ ” Lewis Organizations: Boston University, BU Center, Antiracist Research, Associated Press, BU, Mellon Foundation, University of Michigan Center for Social Solutions, Associated, Lilly Endowment Inc, AP Locations: Minneapolis, “

Playing alongside Kuchar in the final group, Villegas finished birdie-birdie-bogey-birdie for a 69 to join Kuchar at 19 under. The 45-year-old Kuchar won the tournament in 2018 at Mayakoba. A month after that, he won the Sony Open in Hawaii for the last of his nine PGA Tour titles. Political Cartoons View All 1234 ImagesVillegas, two strokes ahead after opening 64-64, is fighting to gain his full PGA Tour card. The 41-year-old Colombian split time between the Korn Ferry Tour and whatever PGA Tour events he could get in this year, and he stands at No.

Persons: Matt Kuchar, Camilo Villegas, Kuchar, Villegas, Nos, Erik van Rooyen, Mackenzie Hughes, Will Gordon, Justin Suh, ___ Organizations: Diamante, Kuchar, Sony, PGA, FedEx Locations: Mexico, Baja California, Mayakoba, Hawaii

☆ Korn Ferry to Eliminate 8% of Workforce
▼ + stars: | 2023-10-27 | by ( Denny Jacob | ) www.wsj.com time to read: 1 min

Korn Ferry said it expects the workforce reduction to cut its annualized cost base in the range of $110 million and $120 million. Photo: Alex Slitz/Getty ImagesKorn Ferry plans to eliminate about 8% of its workforce, according to a regulatory filing Friday. The organizational consulting firm cited the challenging macroeconomic business environment given ongoing inflation, rising interest rates and global economic and geopolitical uncertainty.

Persons: Korn, Alex Slitz

☆ 'AI exposure' is the new buzz term to soften talk about job losses. Here's what it means
▼ + stars: | 2023-10-27 | by ( Natalie Rose Goldberg | ) www.cnbc.com time to read: +2 min

The rapid advancement of artificial intelligence has raised many concerns, prominent among these AI job displacement and mass layoffs throughout the economy. No round of layoffs of knowledge workers goes by without a mention of the threat of AI. In May of this year alone, the U.S. economy lost 4,000 jobs as a result of AI, according to data from employment outsourcing firm Challenger, Gray & Christmas. According to Factset, mentions of generative AI on corporate earnings calls increased from five in December 2022 to 390 in June 2023. The more recent milestone, according to Rand: by 2020, "nearly all occupations are exposed to AI technology patent."

Persons: Alan Guarino, Korn, CNBC's Andrew Ross Sorkin, Guarino, Factset, Rand Organizations: LinkedIn, CNBC, Korn Ferry, Rand Corporation Locations: India, U.S, United States

☆ Shad Tuten: Penalized for failing to properly replace his ball, golfer agonizingly loses chance of first ever PGA Tour card
▼ + stars: | 2023-10-11 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

The American golfer had finished his closing round at the season-ending Korn Ferry Tour Championship in Newburgh, Indiana looking set to secure his first ever PGA Tour card. Tuten was penalized for failing to properly replace his ball en route to a birdie at the par-five 15th hole. Former PGA Tour player James Nitties described the incident as “heartbreaking.”“It makes me sick as a past player,” Nitties said on the Golf Channel broadcast. The Georgia-born golfer has played 132 tournaments on the Korn Ferry Tour and PGA Tour Latinoamérica since turning professional in 2015, winning once, and ends the season as world No. Eighteen of the graduates are PGA Tour rookies, including brothers Parker and Pierceson Coody, who became only the second twins in history to attain simultaneous PGA Tour membership status after Allan and Curtis Strange in 1981.

Persons: Shad Tuten’s, Tuten, Mike Mulholland, Korn, Jim Duncan, ”, James Nitties, ” Nitties, France’s Paul Barjon, Puerto, Rafael Campos leapfrogging Tuten, Parker, Pierceson Coody, Allan, Curtis Strange Organizations: CNN, PGA Tour, Victoria, Korn Ferry, NBC Sports, ” CNN, PGA, Golf Channel Locations: Newburgh , Indiana, Georgia

Search resuls for: "Korn Ferry"

25 mentions found