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☆ Inflation is scrambling Americans' perceptions of middle class life
▼ + stars: | 2024-05-05 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +8 min

For many in the middle class, inflation is at the heart of this feeling. That's making people feel locked out of many of the milestones long associated with middle-class life. 74% of middle class Americans have cut back on non-essential spending, according to Primerica's survey. 46% of middle-class Americans said they've dialed back or completely paused saving for the future and 38% said they didn't think they could afford an unexpected expense over $1000. Buying a home may be the greatest example of a tenet of middle-class life feeling out of reach for many, and that struggle is very real rather than merely negatively perceived.

Persons: —, Vincent, he'd, he's, Eoin Sheehan, Chris Collins, Collins, Jessica, they're, Kayla, Primerica, they've, Sheehan Organizations: Service, Business, Pew Research Center, Redfield & Wilton, Federal, Northwestern Mutual's Collins, Northwestern Mutual, Newsweek, National Association of Realtors Locations: Santa Barbara, California, Alabama, Primerica

☆ Texas secessionists are becoming more fervent than ever. But experts say it would mess up its thriving economy.
▼ + stars: | 2024-02-25 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +9 min

Daniel Miller, a sixth-generation Texan, is the de facto face of the modern Texas Nationalist Movement, nicknamed "Texit." But they get a lot of it back: federal dollars account for one-third of the Texas state budget, according to the budget and policy nonprofit Every Texan. "And I think the romance of some general notion of Texas independence wears off pretty fast if people were to start considering it seriously." A Just Russia Party Supports Independent Texas Republic"If necessary, we are ready to help with the independence referendum. The first step for Texas to become independent, the secessionists say, would be a statewide referendum.

Persons: —, Daniel Miller, Miller, Walter Buenger, Eva DeLuna, Noah Sheidlower, Buenger, SCOTUS, James Henson, Dmitry Medvedev, Sergei Mironov, XNlDlW2RmI, James Porrazzo, Henson, there's, Andres Leighton, Greg Abbott's Organizations: Service, Texas Nationalist, Texans, Business, University of Texas, Democrat, Texas, Texas GOP, Critics, White, Union, Texas Politics, Wired, Russia Party Supports Independent, Texas People's, Lone, Texas National Guard, Texas Gov, Texas Legislature, Redfield, Wilton Locations: Texas, Austin, California, La Marque , Texas, , Texas, Russian, Republic, Texas People's Republic, Russia, Mexico, Civil, El Paso , Texas, United States

☆ The iconic flying boat that helped hunt down Axis warships during World War II is getting a new lease on life
▼ + stars: | 2023-08-16 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

The PBY Catalina flying boat was one of the most iconic Allied aircraft of World War II. The PBY Catalina flying boat was one of the most iconic Allied aircraft of World War II. The Next Generation Amphibious Aircraft Catalina II "is a modern amphibian with advanced engines and avionics and will offer capabilities no other amphibian can provide today." Catalina Aircraft announcement listed almost 60 civilian and government missions the Catalina II will be able to perform. After serving in several Allied militaries during World War II, many Catalinas remained in operation with militaries and civilian users around the world.

Persons: Lawrence Reece, John Redfield Catalina, Martin P5M, Marlin, Catalinas, Li Ziheng, Michael Peck Organizations: PBY Catalina, Allied, PBY Catalinas, Service, Aircraft, Catalina Aircraft, PBY, Getty, Catalina, US Navy PBY, Naval, Christi, of, Civilian, Missions, US Coast Guard, French, US Coast Guard Reserve, Consolidated Aircraft PBY Catalina, US Navy, Royal Navy, US Air Force Special, Command, DARPA, Liberty, Defense Force, Defense, Foreign Policy, Twitter, LinkedIn Locations: Wall, Silicon, Florida, Catalina, Alaska, Bettmann, Canada, Soviet Union, San Diego Bay, Midway, Qingdao, China, Xinhua, Guam, Forbes

☆ The US Marine Corps' deadliest sniper might never have become one if it weren't for a wild night of drinking and a fake toothache, new book reveals
▼ + stars: | 2023-06-24 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +7 min

The deadliest sniper in Marine Corps history is Charles "Chuck" Mawhinney. But even as a Marine, Mawhinney couldn't completely shake his reckless behavior, and a night of drinking cost him his chance to be an aviator. Charles Mawhinney Marine CorpsThe night before an 8 a.m. exam to qualify for aviation training, Mawhinney's friends invited him to get tattoos. Mawhinney qualified for entry into the Marine scout sniper course because he'd already earned distinction as an expert marksman. Mawhinney Courtesy photoIn the middle of this particular dilemma, Mawhinney learned that a Marine sniper with Lima 3/5 needed a spotter.

Persons: Charles, Chuck, Mawhinney, —, Chuck Mawhinney, Jim Lindsay's, he'd, Charles Mawhinney, Mawhinney's, Lindsay, It's Organizations: Marine Corps, Service, Marines, Charles Mawhinney Marine Corps, Marine, Remington, Combat Valor Locations: Vietnam, Lima

☆ Walmart names insider Latriece Watkins as US merchandising chief
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +1 min

May 5 (Reuters) - Walmart Inc (WMT.N) appointed Latriece Watkins as its U.S. chief merchandising officer, according to a memo seen by Reuters on Friday, days after Charles Redfield stepped down from the role. Watkins, who joined the company 24 years ago, has served in several roles across Walmart U.S. and Sam's Club. Last month, Walmart U.S. CEO John Furner wrote to associates that Redfield would step down and assume an advisory role supporting the U.S. business effective May 1. Watkins' appointment takes place at a time when consumer spending power has been reduced by high inflation, hurting Walmart's business and leading the company to adopt a cautious stance on 2023. "We have a rich history of strong leaders who embrace this constant change, set bold visions for our teams and best represent the humanity that is Walmart," Furner wrote in the memo.

☆ Is it time to scrap our work marriages? Experts say the relationships risk excluding some workers
▼ + stars: | 2023-05-05 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Work spouses are close colleagues who rely on each other for support in the workplace. But is it appropriate to have a non-romantic work wife or husband? A poll that Redfield & Wilton Strategies conducted in March for Newsweek found a generational divide in opinions on work spouses. She told Insider that she's largely in favor of work marriages, but also skeptical of using marital terms. She said that while it's fine to have close relationships at work, the heteronormative terms can be restrictive.

☆ It might be time to break up with your work wife or husband — the concept is 'outdated' and exclusionary, experts say
▼ + stars: | 2023-04-23 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Work spouses are close colleagues who rely on each other for support in the workplace. But is it appropriate to have a non-romantic work wife or husband? A poll conducted in March for Newsweek by Redfield & Wilton Strategies found a generational divide in opinions on work spouses. "I have never seen, for instance, a male-female pair of close friends at work called 'work spouses' if one or both of them are gay," they told Insider. She said that while it's fine to have close relationships at work, the heteronormative terms can be restrictive.

☆ Goldman has an options strategy that pays off if these three giants move big in either direction on earnings
▼ + stars: | 2023-04-19 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Goldman thinks all three companies could face strong volatility on earnings day, especially since mutual funds are underweight on the stocks. Goldman also charted each company's implied earnings day move against its eight-quarter average. META YTD mountain META is among the slate of tech stocks that made the Goldman list, and the company has an implied earnings day move of 9.8%. The firm said the implied earnings day move for Meta shares is 9.8%, and the stock has an eight-quarter average move of 14%. Walmart shares have an implied move of 1.4% on earnings day, compared to the eight-quarter average swing of 4%.

☆ Walmart’s US chief marketing officer stepping down as retailer warns of tough year
▼ + stars: | 2023-04-15 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Walmart’s chief merchandising officer for its US operations is stepping down from the job as the retailer faces a tougher year ahead, an internal memo shared to US associates Friday said. In a memo viewed by CNN Business, Walmart U.S. CEO John Furner said Redfield wants to spend more time with his family. Redfield held his position at the retailer for a little more than a year, beginning in January 2022. Its strong holiday sales were fueled by groceries. “There are merchants, and then there’s our Chief Merchandising Officer Charles Redfield,” CEO John Furner said in a memo viewed by CNN Business.

☆ Walmart US merchandising chief Redfield to step down
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +1 min

April 14 (Reuters) - Walmart Inc (WMT.N) U.S. chief merchandising officer Charles Redfield is stepping down after just over a year in the role, according to an internal memo seen by Reuters on Friday, at a time the retailer is navigating a tightening spending environment. Redfield will assume an advisory role supporting the U.S. business effective May 1, Walmart U.S. CEO John Furner wrote in a memo to US-based associates on Friday, without naming a successor. Data from the Commerce Department on Friday also showed U.S. retail sales fell more than expected in March. Redfield started his Walmart career as a cashier at Sam's Club and has been with the company for 32 years. He had led the U.S. food and grocery business since 2015 prior to taking up his role as chief merchandising officer.

☆ Walmart Shakes Up U.S. Leadership Ranks
▼ + stars: | 2023-04-14 | by ( Sarah Nassauer | ) www.wsj.com time to read: 1 min

Walmart is the country’s largest retailer by revenue. Walmart Inc. is shuffling the leadership of its merchandising ranks, according to a document viewed by The Wall Street Journal, a shift at the country’s largest retailer as it works to navigate an unpredictable consumer landscape. Charles Redfield , who became chief merchandising officer last year, will leave the role May 1 and stay on as an adviser, said John Furner , who leads Walmart ’s U.S. operations, in a memo to staff Friday.

☆ Walmart's chief merchandising officer to depart as retailer navigates tough sales environment
▼ + stars: | 2023-04-14 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: 1 min

Walmart Chief Merchandising Officer Charles Redfield is stepping down next month. Walmart U.S. CEO John Furner said in an employee memo on Friday that Redfield will leave the role on May 1. He will stay on as an advisor for the business. The Wall Street Journal first reported Redfield's departure. Redfield's replacement has not yet been announced, a company spokesman said.

☆ Millennials say it's inappropriate to have a work wife but most Gen Zers and boomers are cool with it, poll finds
▼ + stars: | 2023-04-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Gen Zers and millennials disagree on whether it's appropriate to have a work spouse, a poll found. However, fewer than half of Gen Zers and boomers think having a work spouse is inappropriate. The study found that most Gen Zers and boomers were fine with the relationships. However, the work relationships could also serve to fill "a void that exists in someone's romantic relationship," she said. Rhodes added: "There is a tendency for people to have an emotional affair with their work wife or work husband when things are not really going well at home."

☆ Democrats detail effects of early pandemic failures in new Senate report
▼ + stars: | 2022-12-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Shannon-Pettypiece-Circle-Byline-Template.Jpg | Shannon Pettypiece | ) www.nbcnews.com time to read: +6 min

The 242-page report, written by Democrats on the panel, cited long-term weaknesses in the country’s public health infrastructure, from staffing shortages and inadequate disease surveillance to poor testing systems. But the report indicated that the pandemic shortcomings extended beyond the Trump administration. Similarly, a DHS report said 96% of pharmacy owners and managers were already reporting a shortage of surgical masks, according to the report. It issued a variety of recommendations, including increasing funding to improve public health surveillance, data systems, health care surge capacity, domestic manufacturing capabilities and stockpiles of critical supplies. "This is not the first public health crisis that our nation has faced, and sadly, it won't be the last," Peters said.

☆ Trump administration blocked CDC transit mask mandate, report shows
▼ + stars: | 2022-10-17 | by ( David Shepardson | ) www.reuters.com time to read: +4 min

But the report stated that CDC had heard from the transit industry that it wanted the federal government to issue a mandate. Cetron, who heads the CDC's division of global migration and quarantine, said the agency was told by Trump administration officials that a mask requirement on mass transportation "would not happen," according to the report. Days after President Joe Biden took office in January 2021, the CDC issued a sweeping order requiring face masks on nearly all forms of public transportation. Reuters reported in July 2020 that the Trump administration had held extensive talks about whether the CDC should issue an order requiring transportation masking. Many U.S. conservatives opposed government mandates requiring masks during the pandemic.

☆ Brexit: La cinci ani după referendum, 50 la sută dintre britanici ar vota acum pentru a rămânere în UE
▼ + stars: | 2021-06-23 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

La cinci ani după ce Marea Britanie a votat pentru a părăsi Uniunea Europeană, majoritatea europenilor spun că își doresc ca regatul să revină asupra deciziei. Miercuri se împlinesc cinci ani de când Marea Britanie a organizat un referendum privind aderarea la UE, în care 51,9% dintre cetățeni au votat pentru Brexit. Votul a zguduit politica britanică și europeană și a fost urmat de ani de negocieri istovitoare între Bruxelles și Londra. Șase luni mai târziu, Bruxelles-ul și Londra s-au întors la tranzacționarea drepturilor de pescuit și a Protocolului privind granița cu Irlanda de Nord. Un alt sondaj publicat cu o lună mai devreme a constatat că, deși în retrospectivă, 50% dintre britanici ar vota acum să rămână în bloc.

Persons: Euronews, ro . Miercuri, Spaniolii Organizations: Uniunea Europeană, UE Locations: Britanii, Regatul Unit, Bruxelles, Londra, Irlanda de Nord, Regatului Unit, UE, Franța, Germania, Italia, Spania

☆ Un milion de americani au fost vaccinați deja. Câte persoane vor primi prima doză până la finalul anului
▼ + stars: | 2020-12-24 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Un milion de americani au primit deja prima doză de vaccin anti-COVID, a anunţat miercuri directorul principalei agenţii federale de sănătate publică din SUA. Dr. Moncef Slaoui, consilier principal în cadrul programului guvernamental de imunizare, a declarat însă reporterilor că obiectivul imunizării a 20 de milioane de persoane până la sfârşitul anului „probabil nu va fi atins”. Statele Unite îşi propun să imunizeze 100 de milioane de persoane până la sfârşitul primului trimestru al anului 2021 şi alte 100 de milioane înainte de sfârşitul celui de-al doilea trimestru. Imunologul Anthony Fauci a estimat că dacă operaţiunea de vaccinare a populaţiei americane va decurge fără probleme, SUA ar putea ajunge la un nivel de imunizare de 70-85% până în vara anului 2021. Totodată, căsătoriile ar putea fi reluate în mod normal până în iunie sau iulie 2021, a mai lăsat să se înţeleagă doctorul Fauci, scrie digi24.

Persons: Robert Redfield, Dr . Moncef, Statele Unite îşi, Imunologul Anthony Fauci Locations: SUA, Statele Unite

,,Statele Unite au încheiat astăzi o etapă preliminară, dar crucială. Autorităţile locale au raportat acum că peste un milion de persoane au primit prima lor doză de vaccin anti-Covid-19”, a comunicat Robert Redfield, în contextul în care săptămâna trecută au fost distribuite trei milioane de doze. Statele Unite îşi propun să imunizeze 100 de milioane de persoane până la sfârşitul primului trimestru al anului 2021 şi alte 100 de milioane înainte de sfârşitul celui de-al doilea trimestru. Două vaccinuri, produse de Pfizer / BioNTech şi Moderna, au fost aprobate până acum pentru distribuire de către autorităţile sanitare din Statele Unite, care au început campania de vaccinare pe 14 decembrie. Totodată, căsătoriile ar putea fi reluate în mod normal până în iunie sau iulie 2021, a mai lăsat să se înţeleagă dr. Fauci.

Persons: Robert Redfield, Dr . Moncef, Statele Unite îşi, Imunologul Anthony Fauci, . Locations: Statele Unite, SUA

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