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☆ Remote work has been a mixed bag for women when it comes to pay. But it's helped some men be 'overemployed' and make six figures.
▼ + stars: | 2024-04-10 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

But a lot of women haven't been able to take advantage of this remote work perk. Remote work has helped women's progress toward equal pay, but it's had a mixed impact on women's career advancement. On the one hand, remote work has allowed more women to stay in the workforce when they otherwise might forced out due to childcare demands. Women's relationship with remote work both helps and hurtsWomen are working at near-record levels, and the growth of remote work in recent years is among the key reasons. AdvertisementMen and women work from home at very similar rates, but there's some evidence that remote work is even more prevalent among women.

Persons: —, haven't, it's, jugging, jugglers, Aaron Terrazas, Nicholas Bloom, Sarah Small, Small, Nicole, Stanford's Bloom, Meredith Whitney, Utah's Organizations: Service, Business, Stanford, University of Utah, of Labor Statistics, WomenTech Network, Labor Department, Bard College Locations: Washington, overemployment

☆ China's plan for reinvigorating its economy has the West worried, but others still see an opportunity
▼ + stars: | 2024-04-08 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how China's plan for reinvigorating its economy has the rest of the world worried . The country is overproducing goods and then flooding global markets with them to save its struggling economy, writes Business Insider's Huileng Tan. Decades ago, as the country opened up its economy, China underwent rapid industrialization, allowing it to produce cheap goods. AdvertisementUS Treasury Secretary Janet Yellen has already warned China shock 2.0 could destabilize the global economy, specifically impacting green-energy exports . He pointed to China's GDP growth outpacing the US when the numbers are adjusted for disinflation and inflation in each country, respectively.

Persons: —, Chelsea Jia Feng, Huileng Tan, Huileng, China's, Janet Yellen, Tyler Le, Ray Dalio, that's, it's, Dalio's, Nicholas R, Lardy, Donald Trump, M, There's, Angus Deaton, Walter Huang, Sevonne Huang, Justin Sullivan, Alyssa Powell, Tesla, Hubspot, Mikel Jaso, Zers, That's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, West, New York Federal Reserve, Bridgewater Associates, Getty, Apple, Reuters, Google, McKinsey Locations: China, Glendale, Ariz, New York, London, Chicago

☆ Don't write off China: Why one economist says the nation is likely to grow at double the rate of the US in coming years
▼ + stars: | 2024-04-03 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

China will grow at double the US rate in coming years, Nicholas R. Lardy wrote for Foreign Affairs. China's nominal GDP will surpass the US's in a decade as the yuan appreciates, Lardy said. In that case, China's GDP outpaced the US, with each country expanding 5.2% and 2.5%, respectively. That depressed China's yuan, eroding the value of its GDP when measured in dollars. "When real estate is excluded, private investment rose by almost ten percent in 2023. "

Persons: Nicholas R, Lardy, —, it's Organizations: Foreign Affairs, Service, Peterson Institute Locations: China, United States, Washington

Post's price target increase is in line with his move on the GAAP price-to-earnings multiple to 22 from 21. — Alex Harring 6:39 a.m.: Melius moves to sidelines on Boeing Boeing has too many areas of concern, Melius Research warned. Analyst Robert Spingarn downgraded the plane maker to hold from buy and slashed his price target by $71 to $209. Analyst Filippo Falorni upgraded the cosmetics stock to buy from neutral and hiked his price target by $15 to $175. Analyst Brennan Hawken downgraded the investment asset manager to neutral from buy and cut his price target by $5 to $135.

Persons: Grinder, Justin Post, Meta, — Alex Harring, Eli Lilly, Andrew Baum, Baum, Novo, Robert Spingarn, Spingarn, LSEG, Alex Harring, Filippo Falorni, Falorni, Estee Lauder, Lauder, Tom Ford, Le, Blackstone, Brennan Hawken, Hawken, JMP, Nicholas Jones, Jones, Grindr, Christopher Dendrinos, Dendrinos, — Fred Imbert Organizations: CNBC, RBC, GE, of America, Citi, Indianapolis, Boeing Boeing, Melius, Boeing, Dow Jones, Coca, Cola, Beverage, Travel, UBS, GE Vernova, New York Stock Exchange Locations: Monday's, Asia Pacific, Asia

MILWAUKEE (AP) — A new estimate shows hearing loss affects approximately 37.9 million Americans and is more common in rural areas than urban ones and in men than women. The estimates are for 2019 and only include people who have hearing loss in both ears. Experts say rural Americans need better access to hearing screenings and specialists. Audiologist Melanie Buhr-Lawler, a clinical professor at the University of Wisconsin-Madison, said she saw the threats to hearing health growing up on a farm in rural Wisconsin and later researching hearing loss in rural residents. “People who live in rural areas have a hearing health double-whammy," said Buhr-Lawler, who was not involved with the study.

Persons: NORC, audiologist Nicholas Reed, ”, David Rein, Audiologist Melanie Buhr, Lawler, Buhr, Robert Wood Johnson Organizations: MILWAUKEE, University of Chicago, Johns Hopkins University, University of Wisconsin, “, U.S . Centers for Disease Control, Associated Press Health, Science Department, Robert Wood Johnson Foundation, AP Locations: Madison, Wisconsin, Tomah , Wisconsin

☆ Stanford economist says workers should go to the office at least 3 days a week if they want to compete for a promotion
▼ + stars: | 2024-01-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Stanford economist Nicholas Bloom found hybrid workers can be more successful than fully remote workers. Heading into the office at least "three days a week" is enough to get noticed, Bloom told WSJ. AdvertisementHeading into the office a few days a week could be a way to stay in the good books of your managers, according to Stanford economist Nicholas Bloom. Only 42% of fully remote workers received a promotion in 2023, compared to 54% of hybrid workers and 55% of full-time office workers in a survey of 1,190 full-time employees from Resume Builder. AdvertisementAnd workers who go into the office are also more likely to receive helpful feedback .

Persons: Nicholas Bloom, Bloom, —, Emma Harrington, they're, Harrington Organizations: Service, Stanford, Wall Street, Workers, Fortune, Hoover Institute

☆ Iran seizes oil tanker in the Gulf of Oman
▼ + stars: | 2024-01-11 | by ( Mostafa Salem | Adam Pourahmadi | ) edition.cnn.com time to read: +3 min

Abu Dhabi CNN —Iran has seized an oil tanker in the Gulf of Oman and is transferring it to an Iranian port in retaliation for the United States confiscating the same vessel and its oil last year, Tasnim News Agency reported Thursday. The Strait of Hormuz at the northern end of the Gulf of Oman is the biggest oil chokepoint in the world. A maritime monitoring website, Tanker Trackers, said the vessel seized Thursday was a Marshall Islands-flagged crude oil tanker named St Nikolas, formerly known as the Suez Rajan. Almost 1 million barrels of Iranian crude oil were seized by the US government at the time, the DOJ said. The Suez Rajan transported the contraband to the United States and “incurred the significant expenses associated with the vessel’s voyage to the United States,” according to the DOJ.

Persons: St Nicholas, ”, UKMTO, Nikolas, Suez Rajan, “ Organizations: Abu Dhabi CNN, Tasnim News Agency, Islamic Revolutionary Guard Corps, Navy, United Nations, CNN, United Kingdom Maritime Trade Operations, ship’s Company, Oil, Tanker, US Department of Justice, DOJ, Emergency Economic, Navigation Locations: Abu Dhabi, Iran, Gulf of Oman, Iranian, United States, Oman, Islamic Republic, Gulf, Yemen, Gaza, Africa, Israel, Hormuz, Marshall, Suez, China

☆ These factors could lift dividend-paying stocks in the first half of 2024, Barclays says
▼ + stars: | 2024-01-04 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

The utilities sector suffered so much in 2023, that it's due for a snapback in the new year, according to Barclays. They also made the stocks' dividend payments less attractive compared to the risk-free yields on Treasurys. But now these stocks are priced to move, according to Barclays analyst Nicholas Campanella. "We still like the stock," Barclays said, pointing to upside to consensus earnings per share as one of the factors behind its call. Duke offers a dividend yield of 4.2%, but 12 out of the 20 analysts following the stock rate it a hold, per LSEG.

Persons: Nicholas Campanella, XLU, Campanella, Evergy, — CNBC's Michael Bloom Organizations: Barclays . Utilities, Barclays, SPDR, Fed, Electric Power, Dominion Energy, E Corporation, Duke Energy, Duke Locations: Kansas, Kansas City

Learn moreBetween root touch-ups and biweekly maintenance appointments, getting your hair professionally colored at the salon can get pricey. New York City-based stylist and salon owner Nunzio Saviano of Nunzio Saviano Salon explains, "Color-treated hair requires special care to keep it vibrant and true in tone." Stretch your dollar even further with the best shampoo for color-treated hair, like our top pick, the Kérastase Chronologiste Shampoo for Dull and Brittle Hair, which leaves hair glossy and vivid after each wash.With all this in mind, New York City-based hairstylist Nicholas Taylor notes that some of the best shampoos for color-treated hair are often sulfate-free since these detergents can end up stripping the hair. He says, "Sulfates are so strong that they will completely fade the color you just paid all that money for at the salon." To help narrow your options, we've rounded up the best shampoos for color-treated hair for different hair types, colors, and price points.

Persons: Nunzio, hairstylist Nicholas Taylor Locations: . New York City, , New York City

☆ A beginner's guide to investing in art — that won't break the bank
▼ + stars: | 2023-11-09 | by ( Lucy Handley | ) www.cnbc.com time to read: +10 min

Will Ramsay, founder and CEO of the Affordable Art Fair, which puts on exhibits worldwide, said collecting art is easier than people might think. However, contemporary art is likely to increase in value over the long term, Diament said. There's also a satisfaction in buying something from a living artist, Diament said. "Some people like color, other people like to focus on drawings without color … you have people who collect just one artist," Taylor said. Provenance — which refers to the history and ownership of a piece — is often an important consideration when buying art.

Persons: Nicholas Bowlby, Puja Bhatia, You've, Karen Taylor, Taylor, Maria Artool, Will Ramsay, Robert Diament, Diament, you'll, Tracey Emin, Carlotta Cardana, There's, Knight Frank, Knight, Ramsay, Eileen Agar, Jeff Spicer, George Romney, Voltaire, Magda Archer, Ella Kruglyanskaya, Carl Freedman, Benjamin Senior, Richard Parkes Bonington, Judith Burrows, he'd, It's, Artool, Isabelle Paagman, Sotheby's, Paagman, Shepard Fairey Organizations: CNBC, Fair, of, Bloomberg, Getty, Knight, Investment, Art Market Research, Whitechapel Gallery, Art, San, Wallace Locations: London, U.K, British, Austin, Berlin, Brisbane, Latvian, Britain, Venice, American, Europe, Italy, Paris, France

UBS lowered its rating on Albemarle to neutral from buy, slashing its price target by more than 40%. Analyst Matthew Hedberg initiated coverage of the data stock at an outperform rating with a $22 target price for shares. Hedberg's price target implies shares could climb 23.9% over the next year from Friday's close. In addition to the downgrade, analyst Jessica Reif Ehrlich slashed her price target on the stock to $9 from $32. Analyst Joshua Spector downgraded the stock to neutral from buy and slashed his price target to $140 from $253.

Persons: Ferrari, Matthew Hedberg, Hedberg, Alex Harring, Jason Bazinet, Bazinet, — Alex Harring, Jefferies, Brent Thill, Thill, Jessica Reif Ehrlich, Reif, Vivek Arya, Arya, Nicholas Campanella, Campanella, " Campanella, Banks, Goldman Sachs, Citi's Paul Lejuez, Baird, Mark Altschwager, Morgan Stanley, Edouard Aubin, Aubin, there's, Henning Cosman, Cosman, Joshua Spector, Spector Organizations: CNBC, UBS, Barclays, Bank of America, Nvidia, RBC, RBC Capital Markets, Citi, Disney, Jefferies, Paramount, Paramount Global, Dominion Energy, Dominion, Wall, JPMorgan, Ferrari, U.S, UBS downgrades Locations: Albemarle, Friday's, China, Birkenstock

☆ The surprising thing that helps you cope with change
▼ + stars: | 2023-11-03 | by ( Opinion Maggie Jackson | ) edition.cnn.com time to read: +9 min

The arousal sparked by uncertainty puts us right where we should be in times of flux, at the raw edge of change. “It means we’re in tune with the environment.”In other words, it pays to lean into uncertainty in times of change. It pays to lean into uncertainty in times of change. Maggie JacksonPeople whose stress levels were most attuned to the game’s fluctuating levels of uncertainty made the most accurate predictions. It may seem surprising that people who can cope with and are even drawn to disquieting not-knowing take such delight in life.

Persons: Maggie Jackson’s, Maggie Jackson Karen Smul, Nicholas Bloom, Maggie Jackson, ”, Joseph Kable, Robb Rutledge, Rutledge, Todd Kashdan, Paul Silvia, Stephanie Gorka of, disquieting, Nicholas Carleton, Stephen Bird, Stephen Organizations: Prometheus Books, CNN, Stanford University, University of Pennsylvania, Yale University, George Mason University, “, University of North, Stephanie Gorka of Ohio State University, University of Regina, Twitter, Facebook Locations: Rhode Island, University of North Carolina, Greensboro, Canada

☆ United States takes gold medal breather at Pan Am Games
▼ + stars: | 2023-10-27 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

Paul, who had Trinidad and Tobago's only gold at the 2019 Pan Am Games in Lima, successfully defended his title beating training partner Jair Tjon En Fa of Suriname in two consecutive races in the best-of-three final. Mexico had a productive day picking up four gold medals to leap frog Canada and move back into second on the table. The Mexicans continued their domination of the modern pentathlon winning the women's relay event to claim their fourth gold medal of the competition. There were also gold medals taken in the racquetball women's team event while Alejandra Zavala topped the podium in the women's 10 metre air pistol and Yareli Acevedo Mendoza won on the cycling track in the women's Omnium. Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

Persons: Penaloen, Tobago's Nicholas Lee Paul, Silver, Suriname's Jair, Colombia's Kevin, Nicholas Paul, James Hall, Alexis Lagan, Rachel Tozier, Paul, Jair, Alejandra Zavala, Yareli Acevedo Mendoza, Steve Keating, Christian Schmollinger Organizations: Trinidad, United, United States Pan American Games, Games, Pan Am, Thomson Locations: Santiago, Chile, SANTIAGO, United States, Trinidad and Tobago, U.S, Mexico, Canada, Trinidad, Lima, Fa, Suriname

☆ The Doyenne of Classical Publicists Takes on a Final Client: Herself
▼ + stars: | 2023-10-23 | by ( Alexis Soloski | More About Alexis Soloski | ) www.nytimes.com time to read: +1 min

Mary Lou Falcone has lived most of her life away from the spotlight. Fifty years ago, after brief careers as a performer and a teacher, Falcone changed course and became a leading publicist in the world of classical music. Now, for the first time since she was 28, Falcone has put herself center stage to promote a new, personal cause. In early 2019, her husband, the artist Nicholas Zann, was diagnosed with Lewy body dementia, a neurodegenerative disease. In many ways, she is doing what she has always done: crafting a narrative, then sharing it.

Persons: Mary Lou Falcone, “, ”, Falcone, Renée Fleming, Van Cliburn, Jean, Pierre Rampal, Gustavo Dudamel, Georg Solti, Jaap van Zweden, Nicholas Zann, Lewy Organizations: Café, Lincoln Center, New York Philharmonic Locations: Café Luxembourg, Manhattan

A double-digit gain in the price of rice drove annual inflation to accelerate by 6.1% last month, its fastest pace in four months, according to data from the Philippine Statistics Authority released on Thursday. The country's economic planning agency on Thursday said it would recommend extending the lowered tariff rates on rice until December 2024, a day after Philippine President Ferdinand Marcos Jr lifted the cap on rice prices. Rice inflation quickened by 17.9% in September, the fastest in over 14 years, the statistics authority said, helping fuel the 10.0% food inflation rate for the month. September's faster-than-expected inflation could convince the Bangko Sentral ng Pilipinas (BSP) to resume hiking rates after it left its benchmark rate (PHCBIR=ECI) steady at its last two meetings. Last month's inflation print brought year-to-date average inflation to 6.6%.

Persons: Lisa Marie David, Ferdinand Marcos Jr, Marcos, September's, Nicholas Mapa, Neil Jerome Morales, Mikhail Flores, Karen Lema, Martin Petty Organizations: REUTERS, Philippine Statistics Authority, Philippine, ng Pilipinas, ING, Christian, Thomson Locations: Manila, Philippines, MANILA

☆ Instacart's biggest IPO twist: Tech trying to go public as a value stock
▼ + stars: | 2023-09-18 | by ( Tim Mullaney | ) www.cnbc.com time to read: +9 min

At the top of the latest IPO price range, the enterprise value would be 16x EBITDA. The right valuation for Instacart depends on where the ultimate rate of sales growth falls, Einhorn said. Including the cash on the company's balance sheet, that values Instacart at about three times EBITDA – way below DoorDash's valuation. Even that would value the company at only seven times 2025 EBITDA, and about 14 times EBITDA from the last four quarters, still a sharp discount to DoorDash. So in a twist few would have predicted in 2020 or 2021, Instacart is trying to go public as a value stock, carefully managed to wring the best results from potentially modest growth.

Persons: Instacart, –, Einhorn, Matt Einhorn, Mark Mahaney, DoorDash, Nicholas Cauley, Cauley, Covid, Nick Giovanni, Giovanni, EBITDA Organizations: Renaissance Capital, San Francisco, ISI, Walmart, Kroger, Aldi, Omicron, Gross Locations: DoorDash, EBITDA, York

☆ Fossil discovery may be one of the oldest, smallest aquatic whales found in Africa, study finds
▼ + stars: | 2023-08-10 | by ( Jenna Schnuer Cnn | Jenna Schnuer | ) edition.cnn.com time to read: +5 min

The find is also the oldest fully aquatic whale found in Africa, according to a new study. Tutcetus rayanensis is a member of the extinct family of early whales known as basilosauridae — the first widespread group to become fully aquatic. The discovery of the whale fossil led to the establishment of a new genus within the basilosauridae family. The area is one of the world’s “most productive fossil whale sites,” according to the study. Tutcetus rayanensis is the second whale species, following Phiomicetus anubis, to be discovered, described, and named by Egyptian paleontologists,” Antar said via email.

Persons: Pharaoh Tutankhamen, rayanensis, ”, Mohammed S, Antar, ” Antar, paleobiologist Nicholas Pyenson, wasn’t, Abdullah Gohar, Mohamed Sameh, Hesham, Whales, Erik R, Seiffert, Carlos Mauricio Peredo, Hesham Sallam Organizations: CNN, Communications, Vertebrate Paleontology, Smithsonian National Museum of, Egypt's, University of Southern California’s Keck School of Medicine, Miami University in, American University Locations: Egypt, Africa, Washington , DC, Mansoura, Wadi, Miami University in Oxford , Ohio, Cairo

☆ Lavreysen reigns supreme in sprints, Britain top medals table
▼ + stars: | 2023-08-07 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

GLASGOW, Aug 7 (Reuters) - Dutchman Harrie Lavreysen maintained his stranglehold on track cycling's sprint discipline as he made it five world titles in succession in the individual event on Monday. Having powered the Dutch to team sprint gold earlier in the meet and, with the keirin to come on Tuesday, he could leave Glasgow having matched the record 14 world titles of French sprint king Arnaud Tournant. Host nation Britain also enjoyed another impressive day at the Chris Hoy Velodrome to top the medals table. He has won five sprint titles in a row, five of the last six in team sprint and three of the last three in keirin. "My legs are still screaming," Barker said after adding the madison to the team pursuit gold she won last week.

Persons: Harrie Lavreysen, Tobago's Paul Nicholas, Arnaud Tournant, Chris Hoy, Elinor Barker, Neah Evans, Ethan Vernon, Tiger Woods, Roger Federer, Lavreysen, Nicholas, Jason Kenny, I'm, Britain's, Barker, Evans, Martyn Herman, Ken Ferris Organizations: GLASGOW, Trinidad, UCI, Glasgow, Chris Hoy Velodrome, France, Paris Games, Reuters, MAN, Tokyo, Thomson Locations: Britain, Australia, keirin, British, France, madison

☆ Japan's central bank has been 'wrong footed' on inflation, analyst says
▼ + stars: | 2023-07-21 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

Bank of Japan Governor Kazuo Ueda arrives to conduct an interview with a small group of journalists in Tokyo on May 25, 2023. Richard A. Brooks | AFP | Getty ImagesAnalysts are split over the Bank of Japan's moves after the country's core inflation came in above the central bank's target of 2% for the 15th straight month. CLSA Japan strategist Nicholas Smith is of the view that the BOJ has been "wrong-footed" on inflation. Under the YCC policy, the central bank targets short-term interest rates at -0.1% and the 10-year government bond yield at 0.5% above or below zero, with the aim of maintaining the inflation target at 2%. To Smith, there is "plenty of probability" for the BOJ to shift its stance on YCC at the next central bank meeting next Friday.

Persons: Kazuo Ueda, Richard A, Brooks, Nicholas Smith, Smith, CNBC's, Tetsufumi Yamakawa, Yamakawa, I've Organizations: Japan, AFP, Getty, Bank of, Reuters, Barclays Locations: Tokyo, Japan

☆ LA officials are investigating NBC Universal for trimming trees that provided shade to striking writers and actors
▼ + stars: | 2023-07-19 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

A row of trimmed trees has become a new flash point in the Hollywood writers' and actors' strike. NBC Universal cut back the trees that had provided shade to picketers outside its Los Angeles site. A Los Angeles official is investigating why NBC Universal trimmed shade-providing trees outside a site being picketed as part of the Hollywood actors' and writers' strike. In an apparent reaction to the furore, LA City Controller Kenneth Mejia, who has strong progressive leanings, tweeted that he would be investigating. "The trimmed trees are LA City managed street trees," he wrote on Tuesday, posting before-and-after images of the trees.

Persons: he's, Chris Stevens, Kenneth Mejia, Nicholas Slayton Organizations: Hollywood, NBC Universal, Los Angeles, NBC, Writers Guild of America, SAG, LA Times, WGA, LA City, — LA City, Department, Public Works, of Street Services, National Labor Relations Board Locations: Los Angeles, LA, —

☆ Stocks making the biggest moves premarket: Netflix, Roku, SunPower, Beyond Meat and more
▼ + stars: | 2023-07-12 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Packages of Beyond Meat Inc.'s plant-based products, Beyond Burger and Beyond Sausage, are displayed at a supermarket in Katwijk, Netherlands, Nov. 19, 2020. Beyond Meat — The plant-based meat alternative added 2% Wednesday morning. Beyond Meat shares popped 4% in the previous session. SunPower — The solar power company soared nearly 6% in premarket trading after an upgrade from Raymond James, which said the stock's recent weakness is "excessive." Netflix — The streaming giant added 0.4% Wednesday morning after UBS increased its price target on Netflix to $525 per share, implying upside of nearly 20%.

Persons: SunPower, Raymond James, Nicholas Jones Organizations: Inc, Shopify, Whole Foods, Netflix, UBS, Holley Inc, Bank of America, JPMorgan Chase Locations: Katwijk, Netherlands, U.S

Summary June annual inflation slowest since AprilRisks to inflation tilted to the upside - central bankSlower June inflation supports rate pause expectationsMANILA, July 5 (Reuters) - Philippine annual inflation eased for a fifth straight month in June, supporting expectations the central bank will keep rates unchanged for longer as food and transport cost pressures ease. The central bank, however, noted inflation risks remained tilted to the upside due to the potential impact of El Nino dry weather conditions and wage increases. Last month's inflation rate, which was below the 5.5% forecast in a Reuters poll, brought the year-to-date average to 7.2%. It next meets on Aug. 17 under newly appointed BSP Governor Eli Remolona, who took the helm of the central bank on July 3. ING Economist Nicholas Mapa said in a tweet that moderating price pressures give the central bank space to extend the pause and keep rates steady for now.

Persons: Eli Remolona, Nicholas Mapa, Karen Lema, Enrico Dela Cruz, Martin Petty, Jacqueline Wong Organizations: El, ng Pilipinas, ING, Thomson Locations: MANILA, El Nino

☆ Working from home: The latest on who is WFH and who isn't
▼ + stars: | 2023-04-09 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

In other words, 72.5% of private-sector organizations — up from 60% in the July-to-September 2021 period — said they did not have employees working remotely. The BLS survey also interpreted respondents’ answers as referring to a company’s formal telework policies, not whether some employees informally work remotely on occasion, such as responding to work emails from home. The same survey respondents said their employers plan to allow employees to work remotely 2.2 days a week, for those who can. “I have talked to hundreds of organizations about WFH [working from home] over the past three weeks, and this is now clearly stabilizing to a post-pandemic norm,” he said in an email. In Pew’s February survey, 35% of people who could work remotely were doing so full time, down from 55% in October 2020, but still well above the 7% of people working remotely full-time before the pandemic.

☆ GE's investors seek solutions to renewable energy, supply chain challenges
▼ + stars: | 2023-03-08 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +3 min

But renewable energy remains a problem. Analysts have raised questions about whether GE may be forced to alter a plan to spin off GE Vernova into a separate company next year, including a possible delay or changing which assets are included. "I want to kind of understand is there any chance at all that Vernova will not include GE wind," William Blair analyst Nicholas Heymann said. But overall, GE is expected to reiterate its 2023 adjusted earnings outlook of $1.60 to $2.00 per share on Thursday. The aerospace business, which supplies engines to Airbus (AIR.PA) and Boeing (BA.N), is grappling with shortages of labor, parts and raw materials.

☆ US digital asset fund, venture capital firm to raise $100 million for two new blockchain funds
▼ + stars: | 2023-03-08 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, March 8 (Reuters) - Alpha Sigma Capital, a U.S.-based digital asset fund, and Transform Ventures, a venture capital firm, will raise $100 million for two new funds focused on the blockchain and so-called decentralized Web 3.0 ventures, Alpha Sigma founder and Chief Executive Officer Enzo Villani said on Wednesday. Transform Ventures, founded by crypto investor Michael Terpin, also merged some of its assets with Alpha Sigma's parent to form a new holding company called Alpha Transform Holdings. Truglia along with other participants stole 3 million tokens from Terpin's cellphone account in early 2018. The second fund, a closed-end venture capital firm called the Aegean Fund, is still in the process of being established, Villani said. "A lot of things that are happening right now (in the crypto and blockchain space) may be challenging.

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