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1 for employee wellbeing, according to the 2024 Work Wellbeing 100 from Indeed and the University of Oxford's Wellbeing Research Centre. Indeed's ranking found that companies with higher work wellbeing scores also have higher valuations, returns on assets and profits. "A lot of these companies tend to prioritize work flexibility," says Kyle M.K., a talent strategy advisor at Indeed. "Companies that provide choice are the ones that tend to have a much better reputation among their employees," M.K. "By prioritizing work wellbeing, companies cultivate a more resilient, effective and happier workforce which ultimately drives business growth."
Persons: Kyle M.K, LaFawn Davis, Indeed's Organizations: University of Oxford's, Research, Nasdaq, Companies, Block, Human, Delta Air Lines, Accenture Nike, International Disney Parks, Flex, Walt Disney Company Wipro, Vans, Technology Solutions, Bros Coffee Microsoft FedEx Freight, CNBC
CNN —Shohei Ohtani continued his pursuit of a historic 50-50 season Sunday, as his 46th home run of the year helped the Los Angeles Dodgers to a 4-0 victory over the Cleveland Guardians. The two-time AL MVP’s fifth-inning solo shot brought him to 46 on the season, matching his career best for the Los Angeles Angels in 2021. Coupled with his 46 steals so far this campaign, the accomplishment means Ohtani is closer than ever to achieving a historic 50-50 season. After the win against Cleveland, Ohtani maintained that he is trying to put the potential 50-50 out of his mind. Ohtani has 19 regular-season games remaining to find the required four home runs and four stolen bases.
Persons: Shohei Ohtani, Ohtani, Alfonso Soriano, Jose Canseco, Ronald Acuña Jr, Barry Bonds, Alex Rodriguez, “ I’m, , Will Ireton, , Dave Roberts, that’s, Tanner Bibee, Kiyoshi Mio Organizations: CNN, Los Angeles Dodgers, Cleveland Guardians, Los Angeles Angels, Seattle Mariners, Cleveland, ” Dodgers, Dodgers, Ohtani, Reuters
They spent six years behind bars until they were freed in 2022 in another prisoner exchange engineered by the Biden administration. And like the newly sprung Americans, Pereira’s first stop back in the U.S. was the Brooke Army Medical Center in San Antonio, Texas. “When you come back from something like this, you are like a bottle of Coca-Cola. And sometimes we were treated better and sometimes it was worse.”“The questions they kept asking us were, ‘How did you do it? “I didn’t realize there were so many people supporting my family and working to free me.
Persons: Evan Gershkovich, José Pereira, , Biden, Pereira’s, Pereira, he’d, readjust, Jorge Arreaza, Jose Angel Pereira, Gustavo Cardenas, Jorge Toledo, Jose Luis Zambrano, Tomeu, Alirio Jose Zambrano, Paul Whelan, Alsu, Vladimir Kara, Murza, “ Everybody, ” Pereira, Jason Rezaian, ” Rezaian, , ’ ” Pereira, you’re, it’s, Gershkovich, Whelan, Kurmasheva, Rezaian, Sam Goodwin, Goodwin, Sam, I’m Organizations: Wall Street, Brooke Army Medical Center, Twitter, Venezuela's, Bolivarian National Intelligence Service, Ministry, NBC News, Washington Post, Brooke Army Medical, military’s, Medical Center Locations: American, Venezuela, U.S, San Antonio , Texas, PISA, Caracas, Germany, Washington, North Carolina, Kara
Cognizant CEO Ravi Kumar on Q2 earnings beat
  + stars: | 2024-08-01 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCognizant CEO Ravi Kumar on Q2 earnings beatCognizant CEO Ravi Kumar joins 'Money Movers' to discuss their latest earning reports, AI projects running in the company, and more.
Persons: Ravi Kumar
Trump's stance could have major implications for Taiwan's dominance in semiconductor chip manufacturing should any potential conflict arise between Taiwan and China. And such a scenario would likely have a cataclysmic effect on the US economy should the global chip supply chain be disrupted. And Taiwan's microchip production is anchored by the Taiwan Semiconductor Manufacturing Company, or TSMC, a global powerhouse. A recent report released by the Semiconductor Industry Association revealed that America's share of global chip manufacturing is set to increase to 14% by 2032. After Trump's latest remarks about Taiwan and the potential for tighter trade curbs on China, global chip stocks fell, with notable declines for Nvidia, TSMC, and Qualcomm, among others.
Persons: , Donald Trump, Trump, Joe Biden, Biden, CJ Muse, Cantor Fitzgerald, Trump's Organizations: Service, Bloomberg Businessweek waded, Business, Taiwan Semiconductor Manufacturing Company, US State Department, Financial Times, Bloomberg Businessweek, Congress, China, Bloomberg, CNBC, of Commerce, BIS, of Industry, Security, Semiconductor Industry Association, Nvidia, TSMC, Qualcomm Locations: Taiwan, China, Beijing, America
Read previewPresident Joe Biden may have lost the support of the man he once served as vice president: Barack Obama. Related storiesObama and Pelosi are even said to have spoken with each other about their worries that Biden's campaign may be a lost cause. AdvertisementWhen reached for comment, a representative for Biden's campaign directed Business Insider toward a statement from his principal deputy campaign manager, Quentin Fulks. "There are no plans being made to replace President Biden on the ballot, and President Biden is cognizant this is a margin-of-error race," Fulks continued. Biden has long been expected to win his party's formal nomination at the Democratic National Convention in August.
Persons: , Joe Biden, Barack Obama, Obama —, Democratic Party —, Donald Trump, Biden, Obama, Nancy Pelosi, Pelosi, Quentin Fulks, Fulks Organizations: Service, Democratic Party, Washington Post, Business, Democratic, Post, White, Democrats, Democratic National Convention, Biden Locations: Milwaukee, United States
Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Rivian as overweight Morgan Stanley raised its price target on Rivian to $17 per share from $13. UBS reiterates Apple as neutral UBS said it sees Apple results as "in-line" when the company reports on Aug. 1. UBS initiates Sweetgreen as buy UBS said the restaurant chain has "margin potential." Guggenheim reiterates Netflix as buy Guggenheim said it's sticking with its buy rating on Netflix heading into earnings Thursday. UBS reiterates Micron as buy UBS said it's sticking with its buy rating on shares of Micron.
Persons: Morgan Stanley, Rivian, Jefferies, Bernstein, TD Cowen downgrades Charles Schwab, Cowen, Schwab, it's, Morgan Stanley downgrades, TD Cowen, 2H24, Tesla, Oppenheimer downgrades Morgan Stanley, Oppenheimer, Guggenheim, Needham Organizations: VW, Susquehanna, Nvidia, AMD, UBS, Apple, Chevron, bbl, Deutsche Bank, Deutsche, Valero, Mizuho, Citi, Hershey Citi, TD Cowen downgrades, Airlines, Barclays, MasterCard Citi, Mastercard, " Bank of America, Bank of America, Enterprise, NASDAQ, HSBC, Qualcomm, Netflix, Micron, Microsoft
Temasek aims to invest up to $10 billion in India as China weighs
  + stars: | 2024-07-16 | by ( ) www.cnbc.com   time to read: +1 min
Beautiful and colorful aerial view of Mumbai skyline during twilight seen from Currey Road, on Feb. 16, 2022 in Mumbai, India. India accounts for 7% of Temasek's global exposure which it wants to increase further, said Mohit Bhandari, the company's managing director for India investments. "We are bullish in India for the long term," Bhandari said in an interview at Temasek's Mumbai office. Temasek last week said that profits from investments in the United States and India were helping it cushion the impact of underperformance in China. Temasek also said that it is taking a cautious approach to China amid trade tensions.
Persons: Mohit Bhandari, Bhandari Organizations: Temasek Locations: Mumbai, India, Singapore, China, United States, Temasek
And Urban Decay was the first brand to have all recycled paper cartons," she told BI. "So it's not like Caliray's wellness and sustainability is a 180 departure from Urban Decay. Wende Zomnir at an Urban Decay party in 2018. Wende Zomnir CalirayStarting fresh with CalirayConceptualizing a new makeup brand with a California aesthetic was a no-brainer for Zomnir. While on the road promoting Urban Decay, she noticed that people asked her the same questions: What's California like?
Persons: I'm, Zomnir, she's, Calvin Klein, Elizabeth Arden skincare, Leo Burnett, Sandy Lerner, Lerner, she'd, Wende, Han Myung, Carol Hamilton, Tara Simon, Caliray's mascara, Caliray, There's, She's Organizations: Business, Leo, Leo Burnett Worldwide, Cisco Systems, Beauty Independent, Urban, Fast Company, BI Locations: New Jersey, she's, Newport Beach , California, It's, Texas, California, Sandy, L'Oréal, Sephora
Since September, when Fraser laid out her vision for a more streamlined Citigroup, the bank’s stock has shot up more than 50%. For the first time in nearly two decades, Wall Street appears to be feeling something almost like optimism about America’s third-largest bank. But speaking of Fraser’s tenure, Mayo sounded unusually sanguine about her progress in simplifying Citi’s notoriously labyrinthine corporate structure. Still, Mayo said the bank offers the “worst-in-class efficiency, returns and stock market valuation.”“I think she will pull it off. Of course, Fraser, who took over in March 2021, is still being haunted by the sins of Citi’s past.
Persons: CNN Business ’, Jane Fraser, , Fraser, Revlon —, Jane Fraser’s, , Mike Mayo, , ” Mayo, Mayo, “ It’s, I’m Organizations: CNN Business, New York CNN, Citigroup, Citi, Revlon, JPMorgan Chase, Bank of America, Wells Locations: New York, Wells Fargo
This person is one of over a dozen Amazon employees, investors, and analysts that BI interviewed to better understand Jassy's first 3 years as CEO. Andy Jassy replaced Jeff Bezos (pictured here) as Amazon's CEO in July 2021. In his first 3 years as CEO, Jassy has lost many senior staff. Amazon's spokesperson said the company has "strong retention and continuity" among senior leaders. Amazon's spokesperson said the company is making "huge investments" in AI across AWS and the retail business.
Persons: , Andy Jassy, Jeff Bezos, Jassy, Bezos, EMMANUEL DUNAND, Mark Shmulik, Bernstein, Bernstein's Shmulik, He's, Shmulik, Amazon's, That's, spokespeople, Jassy doesn't, Doug Herrington, Jay Carney, Dave Limp, Adam Selipsky, Dave Clark, Clark, Ted S, Babak Parviz, Parviz, Mark Mahaney, We're, Jeff Organizations: Service, Business, Amazon, Washington Post, BI, Warren, Echo, Microsoft, AWS Locations: Seattle
"He is running a very bigoted race," Hamadeh told me of Masters, "and MAGA and the America First movement is bigger than that." An anti-Hamadeh yard sign, paid for by the Masters campaign, beside one of Hamadeh's own signs in the 8th district. "This guy, he lost against Mark Kelly because he's a weirdo," Hamadeh told me. "I think that warrants some investigative journalism," Hamadeh told me. "I can't vote for you," one woman, apparently not a prospective constituent, told Hamadeh as she shook hands with him after the event, "but I'll give you a donation."
Persons: Abe Hamadeh, Hamadeh, I've, He's, Donald Trump, Kari Lake, MAGA, Blake Masters, Peter Thiel protégé, who's, It's, Bryan Metzger, Ben Toma, Debbie Lesko, Sen, Anthony Kern, There's, Trent Franks, Israel, there's, Lesko, , Abraham, Abe, Ron Paul, Prophet Muhammad, Jesus, fashioning, he's, Trent, They're, MAGA bromides, JD Vance, Ohio, Masters, Vance, Ted Kacynski, Blake, Mark Kelly, Kari, Brandon Bell, Trump, Clarence Thomas, Thiel, Hamadeh's, Arizona Republic —, Rebecca Noble, Toma Organizations: Service, Republican, GOP, Arizona, Capitol, Trump, Masters, Supreme, Daily, University of, Maricopa County Attorney's, US Army Reserve, Republican Party, Senate, Sun City, Justice, Republicans, Sun City West, Stanford University, FBI, Thiel Capital, Fox News, Arizona Republic, Sun, Arizona House Locations: Phoenix, Arab American, Arizona, America, Tucson, North Phoenix, Washington, There's, Maricopa County, Mecca, Chicago, Skokie, United States, Saudi Arabia, Jerusalem, Istanbul, Vatican, Thailand, Japan, Sun City, crazies, Scottsdale, it's
The bull case for small caps as the second half kicks off
  + stars: | 2024-07-04 | by ( Sarah Min | ) www.cnbc.com   time to read: +6 min
By contrast, the S & P 500 has already reached Jefferies' bull case of 5,400, the strategist noted. The right catalyst For investors, the bull case for small caps that prevailed when the year began, still holds. More immediately, second-quarter earnings may prove a positive catalyst for small caps since expectations are so low, according to Jefferies' DeSanctis. On a trailing 12-month basis, the S & P 500 is trading at a multiple of 25 times earnings. Ultimately, however, many investors say that a rotation into small caps is coming, even if it hasn't happened yet.
Persons: Russell, Richard Nixon, Steven DeSanctis, Jefferies, DeSanctis, Brian Leonard, Ross Mayfield, Baird, Keeley Teton's Leonard, Something's Organizations: Federal Reserve, Jefferies, CNBC Pro, Fed, Advisors Locations: Keeley
AI-generated so-called deepfakes are only exacerbating the problem and making it easier than ever to spread disinformation and misinformation via social media. Social media companies are protected from civil liability under a US lawSocial media has largely gone unregulated since its birth nearly three decades ago. So what's been the struggle for the government to address the issue of disinformation and misinformation on social media head-on? Related storiesMcQuade proposed amending Section 230 in order to hold social media companies accountable under certain circumstances. Major social media companies have their own misinformation policiesMany major social media companies, including Meta, TikTok and X, have their own policies when it comes to tackling misinformation and disinformation.
Persons: , Barbara McQuade, McQuade, we've, what's, Gautaum Hans, Hans, there's, Donald Trump, Joe Biden, Biden, We've, abetted, Meta, Taylor Swift, Elon Musk Organizations: Service, United, Business, University of Michigan, US Department of Homeland Security, ABC News, Social, Communications, Big Tech, Cornell University, Republican, Democratic, US, Twitter, Google, Meta, Elon
In that debate, Trump repeatedly attacked Biden and consistently spoke over him, as well as antagonized the moderators. Leading up to debate week, Trump has downplayed the importance of preparation. “It’s very hard to prepare,” Trump told the Washington Examiner. This room is a sterile, dead room, which is I guess what they want,” Trump told the Examiner. “I assume he’s going to be somebody that will be a worthy debater,” Trump told the “The All-In” podcast.
Persons: CNN —, Donald Trump’s, Trump, ” Trump, Jason Miller, Joe Biden’s, Biden, , Mike Waltz, , I’m, Trump’s, Chris LaCivita, , “ You’ve, , we’d, Ohio Sen, JD Vance, Doug Burgum, ” Burgum, ” Miller, Joe Biden Organizations: CNN, ” Trump, “ CNN News Central, Washington Examiner, Trump, Republican National Convention, Camp, David, Ohio, North Dakota Gov, Union, Biden Locations: Mexico, Ukraine, Israel, Virginia, Philadelphia, Trump, “ State
The plea deal allows Assange to avoid prison in the US and return to his native Australia. “That never came up in our conversations,” said David Stilwell, the State Department assistant secretary for the Pacific region during the Trump administration. Sessions’ focus on national security-related leaks was “probably one of the reasons why the [Assange] case had more traction,” Hickey told CNN. Hickey said he was not involved in the Assange case when he was a senior official at DOJ’s National Security Division from 2016 to 2023. Stilwell, the former State Department official under the Trump administration, pushed back on the Assange plea deal.
Persons: Julian Assange, Assange, Biden, Trump, , David Stilwell, Anthony Albanese, Joe Biden, General Merrick Garland, Chelsea Manning, Manning, Barack Obama, Obama, Trump’s, Jeff Sessions, Adam Hickey, ” Hickey, Hickey, “ Assange, who’s, Mayer Brown, Garland, Andrew McCabe, , it’s, ” McCabe, Stilwell, ” Stilwell, Bradley Moss, would’ve, ” Moss, ” CNN’s Zachary Cohen, Marshall Cohen, Kevin Liptak Organizations: CNN, United, Wikileaks, State Department, Australian, Justice Department, FBI, Northern, London’s, US Justice Department, White, Pentagon, Army, Assange ., Department, Obama, Biden, DOJ’s National Security Division, Protect Journalists, Amnesty International, American Civil Liberties Union, Computer, Ecuadorian Locations: United States, Washington, London, Stockholm, Quito, Ecuador, Australia, Pacific, Virginia, London’s, Northern Mariana Islands, Iraq, Guantanamo, Washington ,
Citi analyst Andrew Kaplowitz upgraded his rating for the heating and ventilation company to buy from neutral. The analyst accompanied the move by upping his price target to $74 from $65, implying that shares of Carrier Global could rally 17% going forward. The financial institution raised its price target for Nvidia to $150 from $135. Analyst Erin Wright stood by her overweight rating on the health insurance stock, reiterating her $595 price target. Wright set a price target of $374, which is 23% higher than the insurance company's Friday closing price of $355.48.
Persons: Goldman Sachs, Andrew Kaplowitz, CARR, Kaplowitz, — Lisa Kailai Han, Jefferies, Blayne Curtis, kingmaker, Curtis, Lisa Kailai Han, Morgan Stanley, UnitedHealth, Morgan Stanley's, Erin Wright, Wright, Bernstein, Stephen Reitman, Ferrari, Reitman, Ferrari's, Sanjeet Aujla, Aujla, BUD, Christopher Danely, Danely, James Schneider, Schneider, Fred Imbert Organizations: CNBC, Monday, Citi, Micron Technology, IBM, Carrier Global, Carrier, Nvidia, Humana, Ferrari, UBS, Anheuser, Busch InBev It's, Busch InBev, Micron, Citi Citi, Dow Jones Industrial, Dow Locations: China, UnitedHealth, U.S, Friday's
I've spent 30 years researching what makes people, and especially leaders, mentally strong. If you say these six phrases to yourself or others on a regular basis, you're mentally stronger than most:It's all too easy to feel the opposite. Mentally strong people remind themselves of this to bolster their confidence muscle. It's a cornerstone of being mentally strong. Mentally strong people focus on what they still have in the face of adversity, and what possibilities now present themselves.
Persons: I've, we've, It's
Cognizant CEO on acquiring Belcan for $1.3 billion
  + stars: | 2024-06-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCognizant CEO on acquiring Belcan for $1.3 billionCognizant CEO Ravi Kumar joins 'Money Movers' to discuss the strategic rationale behind the company's latest acquisition, parts of the old economy yet to be digitized, and more.
Persons: Ravi Kumar
CNN —After months of otherworldly form, Nelly Korda proved she is human after all following a horrific start to the 79th US Women’s Open on Thursday. “I just didn’t really want to shoot 80, and I just kept making bogeys,” Korda told reporters. 30 Saso is chasing her second US Women’s Open title after playoff triumph at The Olympic Club in San Francisco, California, in 2021. There’s so much golf left,” Saso told reporters. Friday’s second round is set to begin at 6:45 a.m.
Persons: Nelly Korda, Yuka Saso, Korda –, , ” Korda, , birdies, Korda, Matt Slocum, Andrea Lee, Thailand’s Wichanee Meechai, Adela Cernousek, ” Saso, I’ve, Saso, Matt Rourke, Rose Zhang, Friday’s Organizations: CNN, Pennsylvania’s Lancaster Country Club, Chevron, AP, Olympic Club Locations: Pennsylvania’s, San Francisco , California
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThings have come full circle for MrBeast, who is on his way to being crowned the owner of the biggest YouTube channel in the world. In 2019, he was buying up billboards in support of his friend and fellow YouTuber Felix Kjellberg, better known as PewDiePie. In a recent interview with journalist and YouTuber Jon Youshaei, MrBeast, whose real name is Jimmy Donaldson, asked if he had a message for T-Series. AdvertisementDonaldson said he wanted to make it "very clear" that his fans shouldn't see this as "this country versus that country."
Persons: , YouTuber Felix Kjellberg, he's, YouTuber Jon Youshaei, Jimmy Donaldson, Donaldson, Felix Kjellberg, Kjellberg, PewDiePie, I've, India, Jimmy Organizations: Service, YouTube, Business Locations: India
Muni bonds are beloved by wealthy investors because they offer income that's free of federal taxes. Muni bond ETFs and mutual funds, meanwhile, don't have a definite maturity date and their price can fluctuate while the investor is holding them. Liquidity needs are also a major factor, with individual bonds potentially being hard to sell if an investor has a cash need. Since these funds offer a fixed number of shares, they trade at a discount or premium to their net asset value. Some of these funds hold municipal bonds and are trading at sharp discounts to their net asset value, potentially making them an attractive purchase.
Persons: Kathleen McNamara, there's, muni, he'll, Beth Foos, James Ritzema, Baird, Jon Browne Organizations: Federal Reserve, UBS, tradeoffs Investors, SEC, Investors, Morningstar, RiverNorth Locations: Americas,
But an Instagram posting streak is different from, say, exercising every week for a year or doing a language lesson daily, both of which have intrinsic value. You feel good about trying to get in shape or practicing Spanish no matter who sees; that's not the case for Instagram posting. "But to post on Instagram, I'm not like, 'Wow, I'm a great poster.'" Ultimately, the Instagram badges aren't the end of the world. AdvertisementThe Instagram badges aren't widely available for all users yet, and a spokesperson for Meta said they had nothing to share on whether they eventually would be.
Persons: I've, Instagram, Wordle, Meta, Instagram's, Scott Kessler, it's, Ali Grant, Grant, that's, Barasch, I'm, they'd, she'd, , Emily Stewart Organizations: YouTube, Third, Meta, Facebook, Digital, University of Colorado Boulder's Leeds School of Business, Business
Simonskafar | E+ | Getty ImagesIncentives are coming back to the auto market, but high interest rates are weakening those deals for car shoppers. In today's market, consumers are more likely to see it as "free money," she said, especially as auto loan rates stay high. watch nowWhen you roll that into your new car loan, it increases your payment. Search for available incentives: Car shoppers will have to a do lot more shopping and research to find available incentives, Caldwell said. Know your credit score: While shoppers might come across 0% financing offers, those deals are often reserved for buyers with excellent credit.
Persons: Jessica Caldwell, Trump, Brian Moody, Kelley, Edmunds, Caldwell, That's, that's, Moody Organizations: Getty, Finance, Biden Locations: Edmunds
Read previewA Navy supply ship was run aground by a junior officer off the coast of Bahrain shortly after the ship's master — or captain — left the bridge to eat dinner, an investigation revealed. The master took the ship there and then went to eat dinner, leaving the ship in the hands of a much more junior third officer. Less than 30 minutes later, the Alan Shepard was grounded on a shoal. An MH-60S Sea Hawk approaches the Lewis and Clark-class dry cargo and ammunition ship USNS Alan Shepard. Sailors aboard guided-missile destroyer USS Spruance hold the phone and distance line during a replenishment-at-sea with dry cargo ship USNS Alan Shepard.
Persons: , Alan Shepard, Lewis, Clark, James Hong, Military.com, Alan Shepard's, Spruance, Taylor Crenshaw, Arleigh Burke, Andrew Langholf, Howard, Cmdr, Kenji Igawa Organizations: Service, Navy, Business, US Navy, US Coast Guard, Halsey Locations: Bahrain, Bali, Indonesia
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