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☆ A top mind at UBS Global Wealth Management explains why investors' meltdown over elevated interest rates is misguided — and shares a 5-part investing blueprint as stocks continue to rise
▼ + stars: | 2024-05-03 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Less than a month ago, analysts were calling for subdued earnings growth of just 3%. Although higher rates can be a headache, Lefkowitz said earnings growth matters most. Instead of obsessing over when interest rates will fall, Lefkowitz said investors should consider the reasoning behind the Fed's decisions. "If rates are rising and that's leading to more confidence in the earnings growth outlook, then that shouldn't be a headwind to markets," Lefkowitz said. Follow this 5-part investing game planHealthy earnings growth and a resilient economy have strategists at UBS GWM bullish about US stocks.

Persons: Jonathan Golub, weren't, that's, David Lefkowitz, Lefkowitz, —, shouldn't Organizations: UBS Global Wealth Management, UBS, Business, UBS GWM, Bank of America, Federal, Healthcare

☆ Steven Spielberg: ‘The echoes of history are unmistakable in our current climate’
▼ + stars: | 2024-03-25 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +9 min

CNN —Steven Spielberg had words of caution and hope on Monday while accepting an honor from the University of Southern California. Celina Biniaz, 92, one of the last living Holocaust survivors from Oskar Schindler’s List, was also honored at the event. In my grandparents’ home Cincinnati, Ohio where I lived until I was three, my grandmother, Jenny, taught English to Hungarian Holocaust survivors. In listening to them, the echoes of history are unmistakable in our current climate. These 56,000 testimonies that we have recorded are a foundation upon which bridges can be built, and we here at the USC Shoah Foundation are building those bridges.

Persons: CNN — Steven Spielberg, Spielberg, ” Spielberg, Celina Biniaz, Oskar Schindler’s, Biniaz, Schindler, —, ‘, “, Leah, Carol, Folt, I’ve, ’, Jenny, –, It’s, Hana Rychik, ” Organizations: CNN, University of Southern, USC Shoah Foundation, Los Angeles Times, Shoah Foundation, Shoah, Democratic, USC, Foundation Locations: University of Southern California, German, Auschwitz, Israel, Cincinnati , Ohio, Hungarian, California, Krakow, Europe, Gaza

☆ What to Know About Holi, India’s Most Colorful Tradition
▼ + stars: | 2024-03-22 | by ( John Yoon | Hari Kumar | ) www.nytimes.com time to read: 1 min

A rainbow haze swirls through India, where raucous laughter rings out as friends and strangers douse one another with fists full of pigmented powder. It is time for the ancient Hindu tradition of Holi, an annual celebration of spring. In 2024, crimson, emerald, indigo and saffron clouds will hover over the country on March 25 for one of its most vibrant, joyful and colorful festivals. “Playing Holi,” as Indians say, has spread far beyond India’s borders. People gather around the flames to sing, dance and pray for an evening ritual called Holika Dahan, which re-enacts the demise of a Hindu mythical demoness, Holika.

Persons: ” Locations: India, India’s, Holika

At least 112 people have been killed by wildfires in central Chile, leading its president to declare two days of national mourning. Scientists say climate change makes the heat waves and drought now hitting South America more likely — and both contribute to wildfires by drying out the plants that feed the blazes. “Climate change has made droughts more common,” said Mitchard. Climate change makes stronger El Niños more likely, said Mitchard, and droughts caused by it are likelier to be more intense. And the Intergovernmental Panel on Climate Change has found that globally, extreme heat waves happen five times more often because of human-caused global warming.

Persons: Edward Mitchard, ”, We’ve, Mitchard, — Organizations: South America, University of Edinburgh School of Geosciences, it's, World Resources Institute, Associated Press Locations: Chile, Colombia, CHILE, Santiago, Scotland, South America, Belgium, AP.org

☆ I made a multigenerational group of friends — from Gen Zers to Boomers — doing ski patrol
▼ + stars: | 2023-12-05 | by ( Melissa Hart | ) www.businessinsider.com time to read: +5 min

I ended up joining Backcountry Ski Patrol and making an intergenerational group of friends. Two years ago, when the dank Willamette Valley winters threatened to bury me in seasonal affective disorder, I begged Julie to teach me to cross-country ski. In the mountains near my house, I discovered not only bluebird skies above snowy slopes, but a group of multigenerational friends who inspired me to join Backcountry Ski Patrol. The members of our patrol in the Willamette National Forest span four generations, from Gen Zers to Boomers. Some of us cross-country ski.

Persons: Zers, —, Julie, she's, Gen Zers, who'd, who've, Julie Polhemus, I've Organizations: Ski, Boomers, Service, Volunteers, First Locations: Los Angeles, Oregon, Willamette

Before the fire that destroyed almost everything here, Paradise was one of those blunders of American suburbia, a misplaced place that made little ecological sense. It inhabited a California landscape that wasn’t quite rolling foothill or rugged Sierra but an in-between zone where Ponderosa pines, Douglas firs and incense cedars kept the earth from baking like the great valley below. It wasn’t long before the town was saddled with the sorry title of the largest community west of the Mississippi without a municipal sewer system. Politicians and citizens alike paid little mind to sound planning or zoning laws or to safe spaces between houses and all that was kindling. There were few good roads in or out.

Persons: Douglas Locations: California, Mississippi

☆ Wall St Week Ahead Stock investors see green light in falling Treasury yields
▼ + stars: | 2023-11-03 | by ( David Randall | ) www.reuters.com time to read: +4 min

The relationship between stocks and bonds has been a tight one in recent months, with equities falling as Treasury yields climbed to 16-year highs. Higher yields offer investment competition to stocks while also raising the cost of capital for companies and households. Meanwhile, the S&P 500 has surged nearly 6% from its October lows. Draho expects the S&P 500 to trade between 4,200 and 4,600 until investors determine whether the economy will be able to avoid a recession. The S&P 500 was recently up more than 1% on the day.

Persons: Brendan McDermid, Jason Draho, Draho, Ryan Detrick, Greg Wilensky, Janus Henderson, David Randall, Ira Iosebashvili, Louise Heavens Organizations: New York Stock Exchange, REUTERS, Federal Reserve, Treasury, UBS Global Wealth Management, National Association of Active Investment, CFRA Research, Carson Investment Research, Fed, Apple Inc, Janus, Janus Henderson Investors, Thomson Locations: New York City, U.S, Treasuries

AGUANGA, Calif. (AP) — A wildfire fueled by gusty Santa Ana winds ripped through rural land southeast of Los Angeles on Monday, forcing about 4,000 people from their homes, fire authorities said. The so-called Highland Fire erupted at about 12:45 p.m. in dry, brushy hills near the unincorporated Riverside County hamlet of Aguanga. The winds were expected to ease somewhat overnight and fire crews would attempt to box in the blaze, LaRusso said. Southern California was seeing its first significant Santa Ana wind condition. The National Weather Service said Riverside County could see winds of 15 to 25 mph (24 to 40 kph) through Tuesday with gusts as high as 40 miles per hour (64 kph) .

Persons: Jeff LaRusso, LaRusso Organizations: National Weather Service Locations: Calif, Santa, Los Angeles, brushy, Riverside County, Aguanga, Southern California, Santa Ana, Pacific, California, Riverside

☆ Psychotherapist shares the No. 1 rule highly successful people follow to be happier at work: 'It's non-negotiable'
▼ + stars: | 2023-09-28 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

According to Wharton psychologist Adam Grant, employees who understand their work has a meaningful, positive impact on others are not just happier than those who don't; they're more productive, too. Research shows that raises and promotions are more common among people who find their work meaningful. What's more, the studies found, these workers tend to be more resilient, motivated and harder working than their peers. In other words, your happiness at work is a key factor in your success. According to Leanza, the most successful people follow one rule to stave off burnout and be happier at work: They make every task at work matter, no matter how small or thankless.

Persons: Wharton, Adam Grant, Nicholette Leanza, Leanza Organizations: Research Locations: Beachwood , Ohio

☆ On Maui, a perfect storm of climate, colonialism, and failed emergency systems made the deadliest US wildfire in over a century
▼ + stars: | 2023-08-18 | by ( Maiya Focht | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +8 min

A deadly wildfire raged through the Hawaiian town of Lahaina, killing at least 111 people, last week. Aerial view shows destroyed homes and buildings near Front Street in Lahaina Town on August 10, 2023. Colonialism: Plantations brought the perfect wildfire fuel, an invasive grassLahaina was once the capital of the indigenous Hawaiian kingdom. Smoke and flames rise in Lahaina, Maui County, Hawaii, U.S., August 8, 2023 in this still image from video obtained from social media. A Mercy Worldwide volunteer makes damage assessment of charred apartment complex in the aftermath of a wildfire in Lahaina, western Maui, Hawaii on August 12, 2023.

Persons: Patrick T, Fallon, Jeff Masters, YUKI IWAMURA, Clay Trauernicht, Erin Hawk, We've, Abby Frazier, PATRICK T, FALLON, Dora, Dora didn't, Judson Jones, Jeff Melichar, didn't, Anne Lopez, Herman Andaya Organizations: Service, Getty, Yale, Washington Post, Plantations, Hawaii Public Radio, University of Hawaii, Maui . Flames, Reuters, Clark University, New York Times, REUTERS, ABC7, Mercy Worldwide Locations: Lahaina, Maui, Lahaina Town, Hawaii, U.S, Maui County, AFP

Those winds also battered power lines on the island, and dramatic videos show lines swaying and being toppled in the gusts. Now, some locals are casting blame on Hawaiian Electric, the state’s biggest utility, for not shutting off power to high-risk areas – and claiming that its power lines could have sparked the deadly fire. State officials were well aware of the danger posed by downed power lines during hurricanes. A 2021 state report noted that “downed power lines” and “residential and wildland fires” were hazards related to hurricanes. Maui Mayor Richard Bissen said Thursday that power lines that were “still energized” had fallen on the roads.

Persons: Shane Treu, Treu, ” Treu, kindling, Lisa Treu, –, ”, “, Hurricane Dora, “ inexcusably, Jim Kelly, ” Kelly, Kelly, Richard Bissen, Yuri Iwamura, hydrants –, Cole Millington, Millington, Bradford Ventura, Adam Weintraub, ” Weintraub, Jill Tokuda, Keahi Ho, John Stufflebean, Josh Green, Anne Lopez, ” Green, “ It’s, Dora, Abby Frazier, Dora inched, Josh Stanbro Organizations: CNN, Hawaii Army National Guard, Hawaii National Guard, Reuters, Electric, National Weather Service, Hawaiian Electric Company, Public Utilities Commission, Hawaii Wildfire Management Organization, Maui, Volunteers, Getty, Facebook, Bradford, Hawaii Emergency Management Agency, Democrat, New York Times, Maui County Department of Water Supply, Times, Government, Hawaii Gov, Clark University Locations: Mauna, Lahaina, Maui, Hawaii, County, California, Paradise, West Maui, Maalaea, AFP, “, Maui County, United States, Massachusetts

Hawaii Army National Guard CH47 Chinook helicopters perform aerial water bucket drops on the island of Maui to assist with fight of wildfires in Maui, Hawaii, August 9, 2023. An out-of-control wildfire that began along a major Central Maui highway burns Thursday July 11, 2019, in Maui, Hawaii. “Especially when you have severe drought conditions like we have.”Despite these growing dangers, Hawaii state budgets for fire management have not kept pace with worsening conditions, according to the Hawaii Wildfire Management Organization, a nonprofit. Hawaii is hardly unique: As climate change is exacerbating natural disasters, state officials across the country are also struggling to respond to new threats. And it’s unclear how significantly additional preparedness and mitigation efforts could have reduced the destruction of a blaze with the intensity and speed of the Lahaina wildfire.

Persons: Pamela Brown’s, ”, Hurricane Dora, didn’t, Clay Trauernicht, Matthew Thayer, Abby Frazier, ” Nani Barretto, Gov, Sylvia Luke, “, Josh Stanbro, Josh Green, Frazier, ” “ Organizations: CNN, Hawaii Army National Guard, Hawaii National Guard, University of Hawaii, Hawaii Emergency Management Agency, Maui News, Clark University, Hawaii Wildfire Management Organization, ” Locations: Hawaii, ”, Maui, Lahaina, Maui County, Central Maui, Massachusetts

☆ Even 'Barbie' may not be able to rescue AMC Theaters' problems
▼ + stars: | 2023-08-09 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

That still may not be enough to save AMC Theaters, which has a looming bill it may not be able to pay back. AMC (AMC) also saw its highest quarterly attendance since 2019. The quarter did not include revenue from “Barbie” and “Oppenheimer” July releases, which AMC said lifted the company to its best month in its 103-year history. Still, the financial toll of the pandemic has been immense, and is still weighing down AMC and other movie theater chains. AMC took on a significant amount of debt to stay afloat during the pandemic when theaters closed and customers were at home watching Netflix.

Persons: New York CNN — Barbie, “ Barbie ”, “ Oppenheimer, ”, kindling, Adam Aron, Peacock, Max, Disney’s “ Indiana Jones, There’s, Alicia Reese Organizations: New, New York CNN, AMC, Netflix, Paramount, Comcast, CNN, Warner Bros ., Hollywood, Wedbush Securities Locations: New York, Hollywood, Disney’s

☆ Dark and sinister rhetoric drenches right-wing media amid Trump indictments
▼ + stars: | 2023-08-03 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —Millions of Americans are immersed in a twisted world where language used to describe autocrats is being applied to America’s democratic institutions. The draconian rhetoric, once reserved for the likes of tyrants and dictators, has become commonplace in right-wing media when referring to President Joe Biden and the elected government he leads. It’s all part of a larger trend that has dramatically disfigured the conservative media since Trump ascended to power. Arguably, the rhetoric saturating mainstream right-wing media today is more extreme than the hyperbole used in the weeks leading up to the insurrection at the US Capitol. In those weeks, just like now, right-wing media forces set the stage and gathered the tinder for Trump — who was happy to light a match to the gasoline-soaked kindling gathered before him on January 6.

Persons: Joe Biden, Donald Trump’s, Biden, ”, —, Charlie Kirk, Trump, ” Charlie Sykes, “, aren’t, ” Sykes, leaners, America’s Organizations: CNN, Fox News, Biden, Gestapo, Department of Justice, Department of Injustice, Trump, Democratic, MAGA Media, gestapo, Republican, Trump — Locations: America, American

[1/3] Destroyed truck carriages are seen in a factory yard as a wildfire burns at the city of Volos, in central Greece, July 27, 2023. REUTERS/Alexandros AvramidisVOLOS, Greece, July 27 (Reuters) - Firefighters in Greece battled flames burning for the 10th day on the island of Rhodes, while new blazes erupted on the mainland that destroyed farms and factories overnight and left farmers rushing to evacuate their animals. Officials ordered the evacuation of several communities in the hard-hit area of Magnesia, a coastal area north of Athens. The body of a 45-year old shepherd was found in a rural area on Wednesday evening, the fire brigade said. The fire brigade said more that 500 wildfires have burned in Greece so far this year.

Persons: Alexandros Avramidis, Kostas Koukouvinos, Rhodes, Vassilis Kikilias, Karolina Tagaris, Sharon Singleton Organizations: REUTERS, Firefighters, ERT, Civil, Thomson Locations: Volos, Greece, Alexandros Avramidis VOLOS, Rhodes, Magnesia, Athens, Lamia, Kymi, Evia, Portugal, Sicily, Algeria

☆ 'Barbie' and 'Oppenheimer' box office debut sparks hope that cinema is back
▼ + stars: | 2023-07-24 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

That gave the pink-drenched film the largest opening weekend of 2023 so far and the biggest-ever debut for a female director. Timothy Richards, chief executive of Vue International, Europe’s largest privately owned movie theater operator, said in a statement Sunday that it had seen its biggest weekend in four years for ticket sales. AMC (AMC), the world’s largest movie theater chain, said last week that 60,000 people had bought tickets see both films on the same day. Cineworld, the world’s second-biggest movie theater chain and owner of Regal Cinemas, filed for bankruptcy in September after posting a total $3.3 billion loss over 2020 and 2021. So far, Cineworld has shuttered 51 of its Regal movie theaters in the US.

Persons: “ Barbie ”, “ Oppenheimer, kindling, “ Barbie, Barbie ”, “, Timothy Richards, “ Vue, ’ ” Richards, Greta Gerwig’s, Burger, Crocs, Airbnb, Christopher Nolan, J, Robert Oppenheimer, Gabrielle Roitman, Kayla Seffing, Maddy Hiller, Casey Myer, Oppenheimer, Barbie, Chris Pizzello, “ Barbenheimer, —, ” Daniel Loria, Michael O’Leary, Disney’s “ Indiana Jones, ” Organizations: London CNN, Warner Bros, Universal Studios, Warner Bros ., Vue International, Europe’s, “, United, AMC, CNN, National Associations of Theater Owners, Hollywood, Regal Cinemas Locations: Brazil, California, American, United States, Los Angeles, Disney’s

☆ When El Niño exacerbates global warming: Record heat, record flooding, record wildfires
▼ + stars: | 2023-07-15 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

Brown | Afp | Getty ImagesIf you feel like record-level extreme weather events are happening with alarming frequency, you're not alone. Global warming is making extreme weather events more severe, scientists said. But what is clear is that climate change makes it more likely that an extreme weather event will happen. "Higher temperatures from climate change are indisputable, and with each degree increase we're multiplying our changes of getting an extreme heat wave. Decreasing the greenhouse gas emissions released into the atmosphere by burning fossil fuels will help moderate the extreme weather trends.

Persons: Rai Rogers, Frederic J, Brown, Michael Mann, Brandon Bell, Phil Scott, Paul Ullrich, Mann, Ullrich, Justin Trudeau, El Niño, Timothy Canty, Canty, they're Organizations: Afp, Getty, University of Pennsylvania, CNBC, National Oceanic, Atmospheric Administration, NOAA, National Weather Service, Prediction, EMT, Emergency, Washington Post, The Washington Post, Anadolu Agency, University of California, Global, Wildfire, Bloomberg, University of Maryland, Government, Montreal Locations: Las Vegas , Nevada, California, Texas, Florida, United States, Northern, West Coast, Phoenix , Arizona, Nevada, Arizona, Montpelier , Vermont, Vermont, Canada, New York City, Anadolu, Davis, Lytton , British Columbia, El, Americas, Gulf, Pacific Northwest, Ohio, Northeastern, Ankara, Turkiye, Montreal

☆ Compounding Disasters
▼ + stars: | 2023-07-13 | by ( German Lopez | More About German Lopez | ) www.nytimes.com time to read: +2 min

Wildfire smoke recently blanketed the Midwest and Northeast — at times giving U.S. cities the worst air quality in the world. These events show one danger of global warming: Simultaneous climate disasters can play off one another, further worsening extreme weather and straining limited resources. Consider some examples:For years, the U.S. and Australia shared firefighting resources because their fire seasons do not typically overlap. In both cases, the two conditions, exacerbated by climate change, compounded each other to cause more disasters. States often support each other during natural disasters by sending equipment or opening residents’ homes to people who have been displaced.

Persons: York can’t Locations: Arizona , Texas, Florida, New York, Vermont, Midwest, Northeast, U.S, Australia, California, Western U.S, Pakistan, York, North Carolina , Michigan, Connecticut

☆ Record heat meets record wildfires in Canada, and scientists say this is the new reality
▼ + stars: | 2023-07-13 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +8 min

"This is the new reality, not the new normal, because we're on a downward spiral," Flannigan told CNBC. "The current wildfire season in Canada has been astounding and record breaking," Dahl told CNBC. "I'm not sure where we're going to end up with this because it keeps keeps on burning," Flannigan told CNBC. "The warmer it gets, the atmosphere gets more efficient at sucking the moisture out of the fuels," Flannigan told CNBC. For example, the mountain pine beetle is killing trees and turning them into fuel for wildfires, Burch told CNBC.

Persons: Kristina Dahl, Michael Flannigan, it's, Flannigan, Dahl, We're, I'm, Hope, we've, I've, Sarah Burch, Burch, David Dee Delgado, It's, You've, we're Organizations: BC, Service, Anadolu Agency, Getty, Union of Concerned, CNBC, Thompson Rivers University British Columbia, Natural Resources, Canadian Interagency Forest Fire, Fort, National Oceanic, Atmospheric Administration, Canadian Forest Service, University of Waterloo, Waterloo Climate Institute Locations: Lake, British Columbia, Canada, Natural Resources Canada, South Carolina, Massachusetts, Maine, Northwest Territories, North America, Alberta, Waterloo, New York City, United States

How has the smoke affected air quality in the American Midwest? Image Chicago on Tuesday, where the Air Quality Index reached “very unhealthy” levels. Canada wildfires Burned Hotspots Source: Canadian Wildland Fire Information SystemHow far has Canadian wildfire smoke spread? In Canada, Environment Canada warned Tuesday that air quality would deteriorate overnight in Toronto, Canada’s largest city and financial capital. Poor air quality has also buffeted Montreal, where the sun has appeared in recent days as a lurid red dot.

Persons: Kamil Krzaczynski, Judson Jones Organizations: NASA, Agence France, Canadian Interagency Forest Fire Centre, Environment Locations: Canada, Quebec, American, Europe, Coast, United States, New York City, Washington, Minnesota, Chicago, Detroit, Milwaukee, Swiss, Green Bay, Wis, Grand Rapids, Mich, East, ., Portugal, Spain, France, Toronto, Canada’s, Montreal, Mont Tremblant, Ontario, New York

☆ Investors should ride this market rally to new all-time highs early next year by making these 10 investments now, according to 6 market strategists
▼ + stars: | 2023-06-19 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

If the S&P 500 can avoid a pullback, it could make a push toward its all-time high. Investors who weren't ready for the remarkable stock market rally of the last three months may not have completely missed out yet, according to several strategists Insider recently spoke with. While some top investing minds think this market rally isn't trustworthy, others are confident that the path of least resistance for US stocks is higher. He believes the S&P 500 is more likely to hit new highs in early 2024 than retest its Fall low of about 3,500. The S&P 500 is trading at roughly 19.2x forward earnings, he said, adding that equal-weighted funds have a forward earning ratio of about 15.5x.

Persons: Brad Bernstein, we've, I've, Bernstein, Jason Draho, Bernstein's, Draho, Jack Caffrey, Caffrey, Michael Sheldon, chartmaster David Keller, Keller, who's, David Keller, StockCharts.com, Brian Belski, Sheldon, Belski, that's Organizations: Federal Reserve, UBS Wealth Management, UBS Global Wealth Management, JPMorgan Asset Management, Fed, RDM Financial, BMO Capital Markets, BMO Capital Locations: US

☆ Fed's Bullard: disinflation prospects 'good' but not guaranteed
▼ + stars: | 2023-05-13 | by ( ) www.reuters.com time to read: +1 min

"Monetary policy is now at the low end of what is arguably sufficiently restrictive given current macroeconomic conditions," Bullard said in remarks prepared for delivery to a monetary policy conference at the Hoover Institution. Inflation expectations, which had risen last year, are now back down to levels Bullard said is consistent with the Fed's 2% inflation target. Accordingly, he said, "the prospects for continued disinflation are good but not guaranteed." Bullard said earlier this month he has an open mind about June, though rates may need to rise further. He did not specifically address the June meeting in his prepared remarks on Friday.

☆ Thousands of Albertans evacuated in "unprecedented" wildfire situation
▼ + stars: | 2023-05-06 | by ( Maiya Keidan | ) www.reuters.com time to read: +3 min

ET), 24,511 Albertans were evacuated from homes with 103 active wildfires across the province, burning 121,909 hectares. "I don't know that I ever recall seeing multiple communities evacuated all at once in fire season," said Smith. So far this year, there have been 43,000 hectares burned from wildfires, Smith said. "It is very unusual for us to see this much fire activity this early in the season," said Christie Tucker, an information unit manager for Alberta Wildfire. "This is a much much busier than average wildfire season so far."

☆ Broad Pay Ranges Can Hamper Cybersecurity Hiring
▼ + stars: | 2023-04-04 | by ( Kim S. Nash | Catherine Stupp | ) www.wsj.com time to read: +3 min

Companies that list wide pay ranges in cybersecurity job descriptions risk setting false expectations and kindling unrest among existing staff. Seven other states have required pay transparency for the past few years. In cyber recruiting, in particular, broad scales can hamper hiring, said Joyce von Seldeneck, founder and chair of Philadelphia-based Diversified Search Group. The last thing a company wants is to go bring candidates through an entire process and disappoint them at the end.”Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. While some management consultants say pay transparency can light a fire under employees to work harder for higher compensation, Matthias Muhlert, chief information security officer at gummy-bear maker Haribo GmbH & Co., isn’t so sure.

☆ Israeli turmoil alarms business leaders: There's 'fear over what happens next'
▼ + stars: | 2023-03-29 | by ( Jason Gewirtz | ) www.cnbc.com time to read: +5 min

The uncertainty in Israel's political situation extends deep into the business sector. This month, ratings service Fitch warned that the courts controversy "could weaken Israel's credit profile." Weingarten's big fear is an irreparable divide in Israel, a country where a great degree of unity was once seen as a given. Such a drop would make the prime minister push his right-wing coalition partners into a deal that's more aligned with the country's citizens at large. Women dressed as handmaidens from "The Handmaid's Tale" attend a demonstration after Israeli Prime Minister Benjamin Netanyahu dismissed the defense minister and his nationalist coalition government presses on with its judicial overhaul, in Jerusalem on March 27, 2023.

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