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☆ Boosting worker well-being doesn't have to be pricey
▼ + stars: | 2024-08-07 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Courtesy Peter MontgomeryThat ability to make a career conform, where possible, to an employee's life is one of the simple and often inexpensive ways employers can boost their employees' well-being. AdvertisementA recent Gallup survey found worker well-being slipped globally to 34% in 2023 from 35% the year before. Boosting worker well-being is good for employees, of course, but it's also good for the bottom line. And it's critical for boosting other measures of corporate and worker health — things like engagement on the job. A small number of business leaders review requests to keep the process simple and to respect worker privacy, she said.

Persons: Peter Montgomery, Montgomery, he's, it's, Erica Golden, Golden, Bradd Chignoli, Chignoli Organizations: Gallup, Banyan Software, Workers, MetLife Locations: Wellington , New Zealand, Montgomery

☆ AI is not a net threat to our business: Xero CEO
▼ + stars: | 2024-05-23 | 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 EmailAI is not a net threat to our business: Xero CEOSukhinder Singh Cassidy, CEO of Xero, says the business is "macro resilient," adding that the U.S. remains one of the company's "long-term, strategic markets."

Persons: Sukhinder Singh Cassidy Locations: U.S

☆ 4 realistic steps to starting a passive income side hustle: What social media may not tell you
▼ + stars: | 2024-05-08 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

Starting a passive income side hustle may look quick and easy on TikTok. Make It spoke with a group of experts who've built passive income businesses and scaled them into six-figure successes. JP Mancini II turned his boat chartering side hustle into mostly passive six-figure income. Ryan Hogue, 35, left his web development career in 2020 to focus on building passive income streams. DON'T MISS: The ultimate guide to earning passive income online After roughly a year, Torres left her engineering role.

Persons: Jannese Torres, D'Lites, Dinero, podcaster, JP Mancini, Florida —, JP Mancini II, Mancini, Ryan Hogue, Ryan Hogue Gamifying, Hogue, Rather, Torres, Jasmine McCall, McCall Organizations: CNBC, SXSW Locations: Hampton , Virginia, Key West, Florida, Puerto Rican

The information for the following product(s) has been collected independently by Business Insider: Capital One Spark 1% Classic†, Bank of America Business Advantage Unlimited Cash Rewards Secured Business Credit Card, FNBO Business Edition® Secured Mastercard® Credit Card, Capital One Spark Cash Select for Excellent Credit†. Introduction to the Capital One Spark 1% ClassicThe Capital One Spark 1% Classic† credit card is designed for small business owners with fair credit who need a business credit card for company purchases, bookkeeping and tax preparation management. Capital One Spark 1% Classic OverviewThe Capital One Spark 1% Classic† could be considered the entry level card in Capital One's line of small business cards, which are all branded with Spark name. Spark vs. QuicksilverMany people online compared the Capital One Spark business cards to the consumer-targeted Capital One Quicksilver cards. Capital One Spark 1% Classic Frequently Asked QuestionsWhat are the main features of the Capital One Spark Classic card?

Persons: Cardholders, it's, cardholders, Redditors, Jason Steele Jason Steele, Jason, Miles, Guy, Read, Angela Fung Organizations: Business, Bank of America Business, Credit, Mastercard, Capital, Accounting, Business Management, Abacus, Travel Insurance, Quicksilver, Chevron, Conference, Credit Card Media, Finance Locations: One's, Xero, Chevron, Denver , Colorado

☆ 39-year-old who makes $9,300/mo in passive income: My No. 1 piece of side hustle money advice
▼ + stars: | 2024-05-01 | by ( Jannese Torres | ) www.cnbc.com time to read: +6 min

Today, at 39, I have seven income streams, including affiliate marketing, blog and podcast ads, speaking engagements, digital courses, AirBnB rental income and brand partnerships. I used to use basic spreadsheets to reconcile my side hustle income and expenses, and I usually only did this at year's end, so I had little idea what was happening throughout the year. Setting up your business finances involves several important steps to ensure that you can effectively manage your income, expenses and overall financial health. Cash accounting records transactions when money actually changes hands, while accrual accounting records them when they occur, regardless of when payment is received. Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories.

Persons: Dinero, Jannese Torres Organizations: CNBC Locations: Puerto Rican

☆ Goldman Sachs just added — and removed — stocks on its 'conviction list' of top Asian picks
▼ + stars: | 2024-03-13 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Goldman Sachs has refreshed its "conviction list" of top picks in Asia Pacific for March, adding some key stocks and removing others. Here are two of the latest additions to Goldman Sachs' conviction list: Xero Goldman analyst Kane Hannan said he was positive on the outlook for New Zealand-headquartered accounting software company Xero . Goldman Sachs has a price target of $152 on the stock, giving it potential upside of around 12%. Hyundai Motor Another addition to Goldman's conviction list is South Korean automobile manufacturer Hyundai Motor . Meanwhile, the Wall Street bank removed Singapore-headquartered bank OCBC and Japanese conglomerate Sony from its conviction list as it no longer deems them "a top investment idea."

Persons: Goldman Sachs, Xero Goldman, Kane Hannan, Hannan, Intuit's Quickbooks, Sage, Kota Yuzawa, Yuzawa, Goldman, Michael Bloom Organizations: Asia, Hyundai, South, Hyundai Motor, Won, Sony Locations: Asia Pacific, U.S, Mar, New Zealand, Australia, South Korean, Singapore

☆ Xero CEO explains three ways the company differentiates itself
▼ + stars: | 2024-03-12 | 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 EmailXero CEO explains three ways the company differentiates itselfSukhinder Singh Cassidy, CEO of Xero, discusses the New Zealand-based technology company's business outlook.

Persons: Sukhinder Singh Cassidy Organizations: New Locations: New Zealand

☆ Mom and pop shops are cutting software spending, creating jitters on Wall Street
▼ + stars: | 2023-11-16 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +9 min

Joe Coffee founders Nick and Brenden Martin Joe CoffeeWall Street is on edge. Over the past two decades, small businesses have accounted for 40% of U.S. gross domestic product, according to the Chamber of Commerce. "If America is really built on the backbone of small business owners, why are they the ones that never catch the break?" In 2021, Joe Coffee, which now has 17 employees, created a full software and payments suite for coffee shops. WATCH: Xero will remain focused on core segments such as small businesses

Persons: PAYC ZI, Nick Martin, Joe Coffee, Martin, Joe Coffee's, aren't, Bill, Nick, Brenden Martin Joe Coffee, John Rettig, Cameron Hyzer, Yamini Rangan, Rangan, Bill didn't, Jake Dollarhide, Martins, Brenden Martin, Nick's, Brenden, Zhang Peng, they'd, Taylor McGinnis, ZoomInfo, we've, Bryan Keane Organizations: Starbucks, CNBC, Bill Holdings, Bureau of Labor Statistics, Joe, Nasdaq, Chamber of Commerce, Longbow Asset Management, Microsoft, Coffee Fest, UBS, Deutsche Bank Locations: Seattle, Paycom, West Richland , Washington, Coffee, Los Angeles

☆ Xero Swings to 1H Profit, Maintains FY Costs Forecast
▼ + stars: | 2023-11-09 | by ( Stuart Condie | ) www.wsj.com time to read: 1 min

Chief Executive Sukhinder Singh Cassidy said the New Zealand company will “focus on Xero’s key levers of growth.” Photo: s. cassidy/anastasiia sapon/ReutersSYDNEY— Xero swung to a first-half profit and maintained its full-year expense target after the cloud-accounting software provider lifted revenue by 21%. The New Zealand-based company on Thursday reported a net profit of 54.1 million New Zealand dollars (US$32.1 million) for the six months through September, compared with a NZ$16.1 million loss a year earlier.

Persons: Sukhinder Singh Cassidy, cassidy, anastasiia sapon, Reuters SYDNEY — Xero Organizations: New, Reuters SYDNEY, Zealand, NZ Locations: New Zealand, Zealand

☆ Xero will remain focused on core segments such as small businesses: CEO
▼ + stars: | 2023-11-09 | 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 EmailXero will remain focused on core segments such as small businesses: CEOSukhinder Singh Cassidy, CEO of Xero says the company is "macro resilient" in the face of macroeconomic headwinds, and explains how the company will incorporate generative AI in its services.

Persons: Sukhinder Singh Cassidy, Xero

☆ Morgan Stanley names the global stocks set to be 'disadvantaged' from rising yields
▼ + stars: | 2023-09-28 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +2 min

The U.S. Federal Reserve struck a hawkish tone at its latest meeting and Treasurys have risen to multi-year highs . According to Morgan Stanley, those conditions could put certain stocks in Asian and emerging markets at a disadvantage. "We believe large cap growth stocks, particularly the low quality and unprofitable ones, could come under pressure," they said. More specifically, those set to be "disadvantaged" are high-growth names "with low balance sheet quality" and low free cash flow yield. Morgan Stanley had an underweight rating for Alibaba Health Information Technology , a Chinese integrated pharmaceutical services provider.

Persons: Morgan Stanley, Meituan, Xero, CNBC's Michael Bloom Organizations: U.S . Federal Reserve, Sony, Hong, New, Nio, HK, Alibaba Health, Technology Locations: U.S, Hong Kong, New Zealand

☆ A boss who uses a 'coffee cup test' to filter candidates in job interviews is being accused by some social media users of playing 'mind games'
▼ + stars: | 2023-09-11 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

One executive uses a hiring strategy called the "coffee cup test" on candidates in job interviews. He said in a resurfaced 2019 clip that he doesn't hire people who don't offer to wash their cup after the interview. Social media users are calling him out for playing a "deeply disturbing psycho-social game." Most candidates did offer to take back their cup with only a few that didn't, Innes noted at the time. The podcast episode has now resurfaced on social media, being shared on both TikTok and Reddit, with some users saying that Innes' strategy is manipulative.

Persons: Trent Innes, Photios, Innes, I'd prob Organizations: Social, Service, jobseekers Locations: Wall, Silicon, Australia

☆ FIFA president Gianni Infantino pleads with New Zealand fans 'to do the right thing' amidst slow Women's World Cup ticket sales
▼ + stars: | 2023-07-19 | by ( Sammy Mncwabe | ) edition.cnn.com time to read: +3 min

CNN —FIFA president Gianni Infantino pleaded with New Zealand fans on Wednesday “to do the right thing” amid slowing Women’s World Cup ticket sales in the country. Xero, the official partner of the Women’s World Cup, confirmed to CNN Sport on Wednesday that it had offered 20,000 complimentary tickets to games in New Zealand’s four host cities. Infantino during the official opening press conference ahead of the 2023 Women's World Cup. Harold Cunningham/FIFA/Getty ImagesInfantino also praised the growth of the women’s game in last 10 years and believes the tournament will win over skeptics. Tournament co-host New Zealand faces Norway at Eden Park on Thursday in the opening match of the Women’s World Cup.

Persons: Gianni Infantino, ” Infantino, “ It’s, Infantino, Fatma Samoura, “, Harold Cunningham, ” Organizations: CNN, FIFA, New Zealand, New, “, Kiwis, CNN Sport Locations: New Zealand, Australia, Zealand, Auckland , New Zealand, New, Norway, Eden

☆ We will continue to focus on cloud adoption this year, Xero CEO says
▼ + stars: | 2023-05-18 | 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 EmailWe will continue to focus on cloud adoption this year, Xero CEO saysSukhinder Singh Cassidy, CEO of Xero, says it also wants to deepen customer engagement.

☆ Factbox: Global firms with exposure to collapsed SVB
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +7 min

March 13 (Reuters) - Startup-focused lender SVB Financial Group (SIVB.O) became the largest bank to fail since the 2008 financial crisis last week, sending shockwaves across global markets as billions of dollars belonging to companies and investors were left stranded. The collapse raised concerns that the end of decades-long era of cheap money would reveal cracks in the global financial system as climbing interest rates expose vulnerabilities in the economy. HSBC (HSBA.L) said on Monday it is acquiring the UK subsidiary of SVB for 1 pound, rescuing a key lender for technology start-ups in Britain. Below is a list of companies across the globe that have revealed their exposure to SVB:EUROPEAround 16 tech and life sciences companies in Europe have disclosed about $190 million in exposure to SVB in the UK and the United States. Moonpig adds that SVB UK is one of ten lenders that provide senior debt facilities to the group as part of a strong banking syndicateASIA-PACIFICNITRO SOFTWARE (NTO.AX)Australia's productivity software maker Nitro Software Ltd (NTO.AX) said it had about $12.18 million of its global cash reserves held on deposit at SVB.

☆ Factbox: Which companies are affected by SVB collapse?
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +6 min

ROKU (ROKU.O)Streaming devices maker says it has about $487 million, or 26% of its cash and cash equivalents, held in deposits with SVB. CIRCLEUS cryptocurrency firm Circle says $3.3 billion of its $40 billion of USD Coin reserves are at SVB. BLOCKFIBankrupt crypto lender BlockFi Inc has roughly $227 million in unprotected funds at SVB, the Wall Street Journal reported on Friday. VIR BIOTECHNOLOGY (VIR.O)Biotech firm says it maintains operating accounts at SVB with about $220 million as of Friday. EUROPEAround 16 tech and life sciences companies in Europe have disclosed about $190 million in exposure to SVB in the UK and the United States.

☆ Australian tech firms say they don't have material exposure to SVB
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, March 13 (Reuters) - Several Australian and New Zealand tech firms said on Monday they did not have material exposure to Silicon Valley Bank following the failure of the U.S. startup-focused lender SVB Financial Group (SIVB.O) last week. Australian Treasurer Jim Chalmers said the government was aware some Australian firms have been impacted but added the country's "institutions are solid (and) our banking sector is well-capitalised." Australian design technology firm Canva said the majority of its cash was outside SVB and that it had "safety nets in place" to ensure its operations were not compromised. Friday's failure of SVB Financial Group, which focuses on technology startups, was the biggest bank collapse in the United States since the 2008 financial crisis. On Sunday, state regulators closed New York-based Signature Bank (SBNY.O), the second bank failure in two days, as the U.S. Treasury and Federal Reserve unveiled a range of measures to stabilise the banking system.

☆ Australian shares hit near 9-month high as energy, tech stocks boost
▼ + stars: | 2023-01-23 | by ( ) www.cnbc.com time to read: +1 min

Members of the Chinese Youth League perform a lion dance for onlookers at Haymarket on Jan. 21, 2023 in Sydney, Australia. Australian shares inched higher on Monday to their highest in nearly nine months, as technology stocks tracked Wall Street's strong finish last week and firm crude oil prices lifted energy stocks. In Australia, energy stocks climbed 0.5% after oil prices settled higher on Friday as economic prospects brightened in China, the world's second-biggest economy. The sub-index hit its highest since Nov. 24 last year, with major oil and gas producers Woodside Energy and Santos gaining 1.2% and 1.5%, respectively. Technology stocks advanced 1.1% to hit a more than one-month high.

Getty Images AsiaPacFor business owners curious about crypto, the Brex cards are a low-risk introduction to the space. You can only earn bonus rewards if Brex is your only corporate card, so it doesn't pair well with other business rewards credit cards Dash icon A dash. Using Brex points for crypto rewards"We think that your rewards points are an easy and interesting way to participate in crypto," Henrique Dubugras, founder and CEO of Brex, told Insider. The Brex card offers the flexibility to simply put that exposure in rewards points, and cardholders can continue to designate their rewards in other more stable categories, too. Read Insider's points and miles valuations to find out what your credit card rewards are worth.

Business expenses should always be on a separate, business-only credit card for a variety of reasons, and personal expenses should never be on that card. Those cards include the Ink Business Cash® Credit Card, the Ink Business Preferred® Credit Card, and the The Business Platinum Card® from American Express . When it comes to buying items for yourself, putting the purchase on a business credit card is a big no. Putting business purchases on a business credit card makes tracking these expenses much easier. If you keep your personal finances out of your business, you can link your business bank and credit card accounts to automatically import transactions.

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