DIRS.INFO The most relevant business & tech news

☆ Private equity will be able to invest in the NFL but won't have much say in team decisions
▼ + stars: | 2024-09-05 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

Last week, NFL team owners voted to allow an initial group of private equity firms to acquire up to a 10% stake of a franchise. "This isn't a case where private equity is going to come in and have influence on the franchise." Private equity has been eager to take stakes in sports as team valuations rise, mainly due to ballooning media rights deals. As investors, private equity firms often take management and board roles. Private equity investments typically have a set duration — it can range from three to seven years in many cases — and an expected return.

Persons: Ric Tapia, Steve Pagliuca, Shirin Malkani, Perkins, Anthony Mulrain, Toney, Angela Weiss, Michael Considine, Ellis, Jimmy Haslam, Mulrain, Eric Washington, Robin Alam Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, National Football League, Bain Capital, CNBC, Washington, Denver Broncos, Carolina Panthers, Holland, Kansas City Chiefs, Philadelphia Eagles, Farm, Afp, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, Kirkland, Cleveland Browns, Knight's, Buffalo Bills, Microsoft Locations: Houston, U.S, Glendale , Arizona, Holland

When the White House chief of staff, Jeffrey Zients, met with dozens of top executives in Washington this month, he encountered a familiar list of corporate complaints about President Biden. The executives at the Business Roundtable, a group representing some of the country’s biggest corporations, objected to Mr. Biden’s proposals to raise taxes. While the meeting was not antagonistic, it was indicative of three and a half years of executive grousing about Mr. Biden. Business leaders have criticized his remarks on “corporate greed” and his appearance on a union picket line. A number of prominent figures in Silicon Valley and on Wall Street — including the venture capitalists David Sacks and Marc Andreessen, and the hedge fund magnate Kenneth Griffin — have grown increasingly vocal in their criticism of Mr. Biden, their praise of former President Donald J. Trump, or both.

Persons: Jeffrey Zients, Biden, ”, —, Lina Khan, David Sacks, Marc Andreessen, Kenneth Griffin —, Mr, Donald J, Trump Organizations: White House, Business, Biden, Federal Trade Commission Locations: Washington, Silicon Valley

☆ Abortion: Trump walks fine line but allies and activists have big plans for a second term
▼ + stars: | 2024-06-14 | by ( Phil Mattingly | Andrew Seger | ) edition.cnn.com time to read: +16 min

“I believe he’ll be a pro-life president in the future also.”Many senior Trump administration alumni and allies are now mapping out and drafting policy options for a second Trump term. A second Trump term would also put back in place and expand restrictions on Title X grants – federal funds for public and nonprofit groups that provide family planning. Resurrecting these actions in a second Trump would almost entirely be up to the discretion of whomever he appoints to lead the relevant federal agencies. With Roe v. Wade’s protections erased, anti-abortion activists would like a second Trump administration to push harder than it did before – especially in restricting access to mifepristone. Abortion rights advocates worry he could play an outsize role shaping abortion restrictions in a potential second Trump administration.

Persons: Donald Trump’s, Ronald Reagan, ”, Roe, Wade, Dobbs, Trump, ” Trump, “, Trump –, Joe Biden’s, Kellyanne Conway, ’ ”, Mary Ziegler, Davis, Roger Severino, Trump’s, Reagan, Biden, ” Julie Lewis, Ziegler, David S, Cohen, Comstock, Skye Perryman, ” Mark Lee Dickson, Donald J, ” Dickson, “ He’s, Jonathan Mitchell, Mitchell Organizations: CNN, Trump, New, Capitol, “ Republicans, Democratic, Republican, Fox, Heritage Foundation, Biden’s, Department, University of California, Trump Health, Human Services, HHS, Food and Drug Administration, DOJ, UC Davis, Food, FDA, ” Drexel University, White, Justice Department, Democracy, Department of Justice, Cities, mifepristone, Time Locations: New York, Florida, Arizona, Mexico, Texas, America, United States, Colorado

☆ Importers Face Surging Shipping Costs, Delays as Red Sea Diversions Pile Up
▼ + stars: | 2024-01-13 | by ( Paul Berger | Costas Paris | ) www.wsj.com time to read: 1 min

The Red Sea is one of the most important shipping waterways in the world, but it’s also one of the most dangerous. Here’s how the cargo industry is responding to try and guard against attacks from the Houthis in Yemen. Illustration: Annie ZhaoWestern importers are reporting a steep rise in ocean-shipping rates and weekslong delays as carriers divert ships from the Red Sea to avoid Houthi rebel attacks. Some companies shipping goods on the crucial trade lane are starting to chafe at the rising prices and extra fees that ocean carriers are imposing for the higher cost of routing containerships on longer voyages around the Horn of Africa following drone and missile attacks by Houthi rebels in Yemen.

Persons: it’s, Annie Zhao, Houthi Locations: Yemen, of Africa

The political branch of the powerful Koch network is facing scrutiny as operatives chafe against a decision to endorse Nikki Haley for president that many see as out of step with their values. A day later, Maidment was "terminated" from the organization, he said, and he told NBC News that he is not the only one within the Koch-backed group who is disappointed in the Haley endorsement. As the group started to see public criticism from those with ties to AFP, Seidel sent some AFP leaders an email about the overall response. "Some of you may have seen some recent public posts from some colleagues who disagree with AFP Action's endorsement," Seidel wrote in the email. If Trump feels Koch moved the needle for Haley, he'll have more interest in working with them.

Persons: Nikki Haley, Koch, —, Chris Maidment, Haley, Maidment, Mark Lucas, Donald Trump, Trump, Lucas, Ron DeSantis, Emily Seidel, Seidel, Mark Holden, Marc Short, Mike Pence, he'll, I'm, Jamie Dimon Organizations: U.S, United, Prosperity's, PAC, GOP, Prosperity, NBC News, Koch, AFP, Trump, White, NBC Locations: Hooksett , New Hampshire, U.S, New Hampshire, Iowa, Cedar Rapids, Florida, AFP

HOMESTEAD, Fla. (AP) — In New York, migrants at a city-run shelter grumble that relatives who settled before them refuse to offer a bed. In South Florida, some immigrants complain that people who came later get work permits that are out of reach for them. Across the country, mayors, governors and others have been forceful advocates for newly arrived migrants seeking shelter and work permits. The administration said in September that it would work to reduce wait times for work permits to 30 days for those using the new pathways. The Washington rally reflected an effort by advocates to push for work permits for all, regardless of when they came.

Persons: Joe Biden, ”, “ Chuy ” Garcia, José Guerrero, ” Guerrero, “, Angel Hernandez, Hernandez, Adriana Trino, “ We're, Diego Torres, Santiago Marquez, hasn't, –, They’ve, ” Lawrence Benito, ___ Tareen, J, Elliot Spagat, Erik Verduzco Organizations: U.S, Rep, Chicago Democrat, . Citizenship, Immigration Services, Biden, Latin American Coalition, American Association, Washington, Illinois Coalition, Immigrant, Refugee Rights, Chicago, Associated Press, Rico Locations: Fla, New York, Chicago, South Florida, Washington, Mexico, Cuba, Haiti, Nicaragua, Venezuela, Homestead , Florida, Miami, Denver, Los Angeles, Houston, U.S, Venezuelan, Panama’s, Darien, Colombia, United States, Midtown Manhattan, Charlotte , North Carolina, In Atlanta, Homestead, Atlanta

☆ U.S. and China Are Smoothing Ties—but Military Frictions Still Chafe
▼ + stars: | 2023-10-31 | by ( Chun Han Wong | ) www.wsj.com time to read: 1 min

Li Shangfu hasn’t made a public appearance since late August and U.S. officials say the Chinese Defense Minister is being ousted from his post. Li is the latest of several senior Chinese officials to disappear without explanation. Photo: How Hwee Young/ShutterstockSINGAPORE—Tensions between the U.S. and Chinese militaries continue to simmer even as their leaders prepare for a likely summit in the coming weeks, a sign of the difficulties the two global powers face in managing one of the most sensitive aspects of their relationship. The discord occupied center stage this week at a security conference in Beijing, where a top Chinese general took veiled swipes at Washington’s foreign policy and military posture, characterizing them as grave threats to peace and stability around the world as wars rage in Ukraine and Gaza.

Persons: Li Shangfu hasn’t, Li, Hwee Organizations: Chinese Defense, U.S Locations: SINGAPORE, Beijing, Ukraine, Gaza

LONDON (AP) — Prime Minister Rishi Sunak announced Wednesday that he’s delaying by five years a ban on new gas and diesel cars that had been due to take effect in 2030, watering down climate goals that he said imposed “unacceptable costs” on ordinary people. U.K. greenhouse gas emissions have fallen by 46% from 1990 levels, mainly because of the almost complete removal of coal from electricity generation. The government had pledged to reduce emissions by 68% of 1990 levels by 2030 and to reach net zero by 2050. Automakers, who have invested heavily in the switch to electric vehicles, expressed frustration at the government’s change of plan. Ford U.K. head Lisa Brankin said the company had invested 430 million pounds ($530 million) to build electric cars in Britain.

Persons: Rishi Sunak, Sunak, ”, Boris Johnson, backtrack, Prince William —, Will McCallum, Lisa Brankin, Richard Burge, Tara, Hargreaves Lansdown, Clee, Sadiq Khan, Alok Sharma, Peter Cox Organizations: —, Conservative Party, Former, United Nations General Assembly, Greenpeace, Ford, London Chamber of Commerce and Industry, Britain’s Conservatives, Labour, London’s Labour, BBC, Global Systems Institute, University of Exeter Locations: New York, Britain, London Uxbridge, Glasgow

☆ 4 things to consider before scaling your small business if you want to avoid crashing and burning, according to founders
▼ + stars: | 2023-09-14 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +6 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Consider your tolerance for riskAs a fairly risk-averse founder, Rabinovitch Consky always knew she wanted to find a gradual way to grow rather than raise money to scale as fast as possible. Marnie Rabinovitch Consky, the founder of Thigh Society. "It was always very clear what I was leaving on the table by not taking investment," Rabinovitch Consky said. "We don't even realize how much we've internalized this single narrative — it can weigh on our brains and make us feel less adequate as founders," Rabinovitch Consky said.

Persons: —, Marnie Rabinovitch Consky, that's, Rabinovitch Consky, Sarah Adler, Adler, Monisha Bajaj, I've, Bajaj Organizations: Service, M, Times

☆ Review: ‘Next to Normal’ Is Back, With Extra Pathos
▼ + stars: | 2023-08-31 | by ( Matt Wolf | ) www.nytimes.com time to read: +1 min

A Broadway alumna of “Hair” and “Frozen,” Levy from the start pulls you into her character’s increasing confusion. We see at the outset the difficulty Diana faces in simply making sandwiches, the bread laid out before her as if as if this routine domestic task were an unusual challenge. From there, the musical darkens to embrace shock therapy, attempted suicide and multiple hallucinations, the specifics of which are best left unrevealed. Several references move the world of the show on from a decade ago. (The London-based American performer Trevor Dion Nicholas ably doubles as the two doctors struggling to diagnose Diana’s condition.)

Persons: ” Levy, Diana, Chloe Lamford’s, Trevor Dion Nicholas Organizations: Twitter Locations: London

Just as important will be persuading people like Mr. Marohn that electric cars, renewable energy and electric heaters and stoves are practical, economical and exciting. Many, conservatives in particular, chafe at the prospect of the government forcing them to buy electric cars or ditch their natural gas appliances, polls show. By The New York TimesA clean energy future will require painstaking and individually tailored persuasion campaigns. “Even if some of them deny the science of climate change, they can’t deny good-paying jobs,” he said. “I just want to change the perception that electric cars are not as good as big, noisy muscle cars,” Mr. Lawson said.

Persons: Mikey Marohn, “, ”, Marohn, Alicia Cox, Cox, , chafe, Jesus, Ms, ” “, Jae Landreth, “ That’s, “ Nobody’s, Mr, Landreth, Phil Collins, Rob Leach, Leach, ‘, “ I’ve, Jack Conness, Biden, Jennifer Granholm, Granholm, Vladimir V, Putin, Sue Burns, Burns, Marjorie Taylor Greene, William Turner, didn’t “, Jason Walsh, Walsh, Tia Williams, Ms . Granholm, ” Ms, Williams, Joe Wilson, ” “ Didn’t, Roy Cooper of, Cooper, Patrick Lawson, Ford, Lawson, Lawson’s, Susan Lawson, Cheryl, Tesla, They’re, Kent Wheeler, “ It’s, ’, Josh Hermes, Paul Rosenzweig, Rosenzweig, Mary T, Barra, ” Kenneth Boswell, Quinton Lucas, Lucas, ” Mr Organizations: Clean, Biden, General Motors, nonbelievers, Republican, Pew, The New York Times, Pew Research Center, Toyota, Clean Energy Manufacturing, Energy Innovation, Trump, Trump Biden, Savings, Yale, Pontiac, BlueGreen Alliance, Democratic, Georgia Institute of Technology, Mr, Republicans, Flex, Gov, Northern Arapaho Tribe, Tesla, Rocky Mountain Rebels, Elks, Wild West EV, Polaris, Northern Arapaho, Chevy Silverado, Mercedes, Benz, Alabama Department of Economic and Community Affairs, Kansas City, Fire Department Locations: Teton, Wyoming, Yellowstone, Baldwin City, Kan, Kansas City, G.O.P, Counties, Russia, Memphis, South Carolina, Georgia, Tennessee, Murfreesboro, Tenn, Dalton, Ga, Roy Cooper of North Carolina, Riverton, Jackson, Minnesota, Louisiana, Alabama, Missouri, Quinton Lucas , Kansas, Kansas

☆ Israel files terrorism charges against two settlers in West Bank rampages
▼ + stars: | 2023-07-12 | by ( Dan Williams | ) www.reuters.com time to read: +2 min

The spree of vandalism and arson by hundreds of settlers in several villages and towns in the occupied West Bank last month followed the June 20 killing of four Israelis by Hamas gunmen. Their goal was "to arouse fear or shock in the community through a grave blow to the sacrosanct," it said. The charges - including disorderly conduct, insulting religion, aggravated arson and aggravated assault - normally carry maximum prison terms ranging between three and 20 years. The Palestinian Foreign Ministry described the settler rampages as "state-sponsored terrorism". Israel's hard-right government includes ministers who chafe at attributing the term terrorism to settlers.

Persons: Dan Williams, Nick Macfie, Conor Humphries Organizations: West Bank, Palestinian Foreign Ministry, Thomson Locations: Orif, Umm Safa

☆ Putin’s Options for Dealing With the Wagner Group Aren’t Great - The New York Times
▼ + stars: | 2023-07-04 | by ( Colin P. Clarke | ) www.nytimes.com time to read: +3 min

(Those who did participate could join Mr. Prigozhin in Belarusian exile.) Even if Wagner fighters do decide to join Russian military units en masse, it won’t be easy for Moscow to integrate them. Another option would be for Mr. Putin to leave Wagner’s overseas operations as is, and install a new leader to replace Mr. Prigozhin. Mr. Prigozhin was revered by Wagner fighters, many of whom may chafe at the prospect of new leadership or a drastic change in organizational culture. Corporation is another Russian private military company, founded by Russian nationalist Igor Mangushev, with some experience abroad, but is much less influential and experienced than Wagner.

Persons: Putin, Wagner, Prigozhin, Sergei Shoigu, —, Prigozhin’s, Sergei Lavrov, ”, Wagner’s, Igor Mangushev Organizations: Russian, Ministry of Defense, Russian Ministry of Defense, Central African, Corporation, Gazprom Locations: Russia, Russian, Moscow, Cameroon, Burkina Faso, Equatorial Guinea, South Africa, Zimbabwe, Kenya, Africa, Mali, Central African Republic . Russia, Syria, Burundi, Central African Republic, Gabon, Yemen

☆ ‘Urban Explorers’ and Accused Spies Chafe in Legal Limbo in Albania
▼ + stars: | 2023-07-02 | by ( Isabella Kwai | ) www.nytimes.com time to read: +1 min

“It’s quite similar to becoming a cat,” he said of his existence, wearing a cat T-shirt on a reporter’s recent visit to the apartment. “You depend on people bringing you food.”Mr. Zorin’s dismantled bicycle is stowed away in the apartment, and Ms. Timofeyeva pointed to it wryly as evidence of his innocence. According to Mr. Zorin, the group had chosen the abandoned arms factory because it looked run down, unaware that it was a military facility. Separated from the others after they entered the plant, Mr. Zorin said he was approached by two men and did not realize they were guards. During a police interrogation, which Mr. Zorin said lasted until the early hours of the following day, officers accused him of being a Russian spy and did not believe he was just an urban explorer.

Persons: “, ”, Mr, Timofeyeva, Zorin Locations: Russian

☆ Tesla May Have Already Won the Charging Wars
▼ + stars: | 2023-06-27 | by ( Jack Ewing | ) www.nytimes.com time to read: +1 min

Tesla’s proprietary charging system, which it recently began calling the North American Charging Standard, is not overseen by an independent organization as other technical standards are. The company has said it intends to hand off control to such a body, though some competitors are skeptical of how much control Tesla will surrender. The deal also comes with risks for Tesla. Battles over technical standards are common with any new technology. Some industry officials fear that the messy corporate jockeying over charging technology could discourage people from buying electric cars.

Persons: Tesla Organizations: American, Tesla, Chevrolets

☆ The cult of Emily Oster
▼ + stars: | 2023-06-22 | by ( Sarah Todd | ) www.businessinsider.com time to read: +30 min

Emily Oster is sitting in the back of a car, checking her Garmin watch as we lurch through rush-hour traffic toward the Holland Tunnel. A self-described expert in data, Oster uses her economics training to dig into studies on things like circumcision and screen time and translate them for popular consumption. There doesn't seem to be much of a gap between the way Oster presents herself in her books and newsletters and the way she conducts her life. Unsurprisingly, economics informs every aspect of the way Oster sees the world. When Oster was a toddler, her mother told a Yale colleague that Oster often talked to herself before falling asleep.

Persons: Emily Oster, doesn't, Oster, Taylor Swift, Spock, —, Mandy Moore, Emily DiDonato, Amy Schumer, " Oster, Emily, Aisha McAdams, Claudia Goldin, who's, Lori Feldman, " Feldman, Winter, It's, reopenings, Timothy Caulfield, Oster's Brown, OSTER, She's, Sheryl Sandberg's, Brown, Denis Tangney Jr, graham, Eminem, Sharon Oster, Ray Fair, Jesse Shapiro, Katherine Nelson, Carl, Choate Rosemary Hall, John F, Kennedy, Glenn Close, Ivanka Trump, Goldin, Steven Levitt —, Oster —, Paul Farmer, Steven Levitt, Oster's, Levitt, Robert Barro, demographer Monica Das Gupta, Joseph Delaney, she'd, I've, Matt Notowidigdo, Chicago Booth, hadn't, Udo Salters, Patrick McMullan, Shapiro, Jessica Calarco, Dr, Anthony Fauci, Donald Trump, Calarco, Rochelle Walensky, Delaney, University of Manitoba epidemiologist, Abigail Cartus, Justin Feldman, Delivette Castor, they're, COVID, Castor, Notowidigdo, Carter, you'd, she's, there's Organizations: Garmin, Brown University, New York Times, American Academy of Pediatrics, Yorker, Yale School of Management, Yale, Harvard, Connecticut, Choate, University of Chicago, Forbes, Wall, Publicly, University of Manitoba, Getty, Oster, Centers for Disease Control, Columbia University, Harvard Business School Locations: Holland, Montclair , New Jersey, Montclair, Harvard, Providence , Rhode Island, New Haven , Connecticut, China, Canada, Chicago, Ohio, New Jersey

☆ Venture Capital Giant Sequoia Spins Off China and India Units
▼ + stars: | 2023-06-06 | by ( Lauren Hirsch | ) www.nytimes.com time to read: +1 min

Sequoia Capital, one of Silicon Valley’s most prominent venture capital firms, is breaking itself up, spinning out its Chinese unit into an independent company at a time of rising tensions between China and the United States over investment and access to advanced technologies. The firm announced on Tuesday that it planned to split into three independent partnerships, with its businesses in China and India adopting new brands and the firm in the United States and Europe retaining the Sequoia name. The firm’s global footprint had become “increasingly complex” to manage, said a statement from Sequoia’s managing partner Roelof Botha; the firm’s China head, Neil Shen; and its India head, Shailendra Singh. “Increasingly, we deal with portfolio conflicts across entities because founders really now have global ambitions,” Mr. Botha said. “And the brand confusion was just starting to chafe at everybody.”

Persons: Roelof Botha, Neil Shen, Shailendra Singh, Botha, ”, “, ” Mr Organizations: Sequoia Locations: China, United States, India, Europe

☆ How Ford, GM auto dealers are thinking about Detroit's EV transition and their future
▼ + stars: | 2023-06-03 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +12 min

If consumers are to be sold on the mass adoption of battery-powered electric vehicles, car dealers are going to be essential to the pitch. But she expects more Ford dealers will opt in at a future date, once they observe a meaningful consumer shift to EVs. "Despite significant increases in EV sales in 2023, dealers are largely skeptical about the OEM's timeframes on the EV rollout," Kerrigan said. A dealer in Santa Monica may decide more quickly, "I need to be all-in on EVs," Maas said. It also caps their total EV sales at 25% of inventory.

Persons: Robb Hernandez, Hernandez, Brian Maas, Maas, EVs, Kerrigan, Ford, Erin Kerrigan, Kelley, BEV, Dealers, Jim Farley, Farley, Tesla, Tesla's, Ford's Organizations: Ford, Bloomberg, Getty, EV, GM, Camino Real Chevrolet, Car Dealers, California Air Resources Board, Kerrigan Advisors, Toyota, ICE, CNBC, Auto Locations: Colma , California, Monterey Park, Calif, California, U.S, Santa Monica, EVs, Eureka

But in the last few years, increasing pay transparency has become a common cause for young workers, anti-discrimination advocates, and, increasingly, state legislators. But employers in states with transparency laws make up for it by imposing informal rules that prevent employees from talking about pay. If the "new norm" of salary transparency had supplanted the old taboo, then we'd expect a large majority to chafe under outdated restrictions against discussing pay. Strong support for managers in general appears to translate into strong support for managerial approaches to pay secrecy or transparency. If salary transparency is actually going to become the "new norm," it will clearly require more than our existing set of state laws.

☆ 'He'll do anything to come for you': Bang Bang, the tattoo artist to stars like Rihanna and Justin Bieber, is a controlling, vindictive boss, ex-employees say
▼ + stars: | 2023-05-18 | by ( Melkorka Licea | ) www.businessinsider.com time to read: +31 min

Yet some former Bang Bang employees said that McCurdy's meticulously curated image as a thoughtful progressive in a rough-and-tumble industry wasn't much more than good PR. At Bang Bang, "they just woke-wash everything," one former employee said. This kind of behavior extended to other Bang Bang employees. Ganser, the Bang Bang manager, also sent Wang a text comparing her behavior to her father's, who was in prison. Photo by Gotham/GC ImagesNearly a decade after opening the first Bang Bang shop, McCurdy still sees himself as a trailblazer.

☆ She Wrote a Blistering Satire About Publishing. The Publishing Industry Loves It.
▼ + stars: | 2023-05-12 | by ( Alexandra Alter | ) www.nytimes.com time to read: +2 min

When Kuang sent the first 100 pages to Hannah Bowman, her literary agent, Bowman at first tried to dissuade her from pursuing the project, warning that nobody would want to publish it. “We did have a conversation where I said, ‘There are things in here that I am afraid could offend people you work with,’” Bowman recalled. After Kuang insisted, Bowman sent it out, and was pleasantly surprised by the enthusiastic responses. “For publishing insiders, it’s just catnip, it’s so dishy about the industry,” Bowman said. “We’re like ‘Wow, does she like us?’”For Kuang — who at 26 has built a devoted following for her deeply researched and thought provoking fantasy novels — publishing a scorched-earth satirical takedown of the publishing industry was creatively and professionally risky.

☆ A ‘Greenwich Village’ on the Prairie
▼ + stars: | 2023-05-02 | by ( Carson Vaughan | ) www.nytimes.com time to read: +2 min

Were I to write a Mari Sandoz biopic, I’d start with a shadow racing across her desk. I’d start at 3:30 p.m. on Wednesday, Jan. 16, 1935. I’d start with a 39-year-old hayseed — thin as a fence post and prickly as barbed wire — assaulting her typewriter on the ninth floor of the Nebraska State Capitol as a local bank teller plunges 135 feet to his death on the stone transept below. Perhaps I’d cut to the fingernail marks he left on the observation deck five floors above, or the note he left behind. “Why, I’d rather write my own way and dig ditches for my soup and hard tack than write lies for a yacht and sables.

But too often, this behavior is an excuse for avoiding the mucky work of maintaining relationships, both personal and professional. Many managers and employees want to escape the unchecked animus they experience online, preferring the workplace feel like a safe cocoon. This year we should all work to reverse the trend and lean in to conflict — and conflict resolution — instead. Perfectionism affects and, in turn, limits the ways we feel safe communicating, which makes perfect sense. The pandemic, not surprisingly, is another culprit, exacerbating students’ experience of relational tension.

☆ FedEx cost cuts stanch losses, analysts see need for more
▼ + stars: | 2022-12-21 | by ( ) www.reuters.com time to read: +2 min

Shares in FedEx rose 4.7% to $172 at midday Wednesday, a level far below their 52-week high of $266.79. FedEx has been underperforming its unionized rival United Parcel Service (UPS.N), which is squeezing greater profit from its leaner, more streamlined operating structure. FedEx has outlined plans to integrate its disparate businesses, revive its long-troubled Europe operations and appease activist investor D.E. On Tuesday, FedEx issued a new 2023 profit forecast, signaling that it may be "finding the floor," Susquehanna analyst Bascome Majors said. Reporting by Lisa Baertlein in Los Angeles; Editing by Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine War’s Economic Ripples Sow Discord Between Washington, Allies
▼ + stars: | 2022-11-29 | by ( Noemie Bisserbe | Andrew Restuccia | ) www.wsj.com time to read: +1 min

President Biden is shown speaking to French President Emmanuel Macron and German Chancellor Olaf Scholz earlier this month. European officials are starting to express frustration at their increasing reliance on Washington for security and economic stability. WASHINGTON—Trans-Atlantic ties are starting to fray as French President Emmanuel Macron and other European leaders chafe at new U.S. policies they say compound economic woes fueled by the war in Ukraine and the resulting energy crisis. Russia’s war in Ukraine has reinvigorated the North Atlantic Treaty Organization and ignited a boom in trade and investment between the U.S. and Europe. But after nearly a year of unity as the U.S. and its allies confronted the fallout from Russian President Vladimir Putin‘s invasion of Ukraine, European officials are starting to express frustration at their increasing reliance on Washington for security and economic stability.

Search resuls for: "chafe"

25 mentions found