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☆ US Army general retires without 'reprimand or admonishment' after spat over Tucker Carlson segment about women in the military
▼ + stars: | 2023-01-03 | by ( Steve Beynon | ) www.businessinsider.com time to read: +8 min

"I retired honorably and without any reprimand or admonishment," Donahoe told Military.com in an interview. Military.com interviewed multiple women Donahoe frequently engaged with on Twitter, none of whom described his behavior as inappropriate. Multiple senior service officials and rank-and-file troops interviewed by Military.com blasted the Army's slow response, saying it suggested women serving at all is inherently political. "So let me be clear: I expect [Army] leaders to stand up for women — and all Soldiers — who are unduly attacked or disrespected." Related: 'The Army Gave a Hunting Permit to Radical Partisans': What a General's Bout with Fox Could Mean for Women

☆ Arizona Attorney General Recount Shows Narrow Victory for Democrat Kris Mayes
▼ + stars: | 2022-12-30 | by ( Zusha Elinson | ) www.wsj.com time to read: 1 min

Kris Mayes said ‘democracy is truly a team sport’ in a statement thanking voters. Arizona officials released recount results Thursday confirming that Democrat Kris Mayes won the race for state attorney general over Republican Abraham Hamadeh by 280 votes out of some 2.5 million cast. The narrow victory for Ms. Mayes capped a string of victories by Democrats in Arizona over Republican candidates who were backed by former President Donald Trump, including Secretary of State Katie Hobbs’s defeat of former television news anchor Kari Lake in the governor’s race.

☆ CIOs Nominate Their Favorite Reads of 2022
▼ + stars: | 2022-12-28 | by ( Tom Loftus | ) www.wsj.com time to read: +9 min

Chief information officers, ever alert to any development in a field that only hurtles forward, largely reflected that alacrity in their choice of reading during 2022. PREVIEWChris Bedi, chief digital information officer, ServiceNow Inc. Photo: IBM Corp.Ron Guerrier, chief information officer, HP Inc. Photo: Cisco Systems Inc.Fletcher Previn, chief information officer, Cisco Systems Inc. Photo: Home Depot Inc.Fahim Siddiqui, chief information officer, Home Depot Inc.

☆ 3 times the US military brought back 'obsolete' weapons to take on new enemies
▼ + stars: | 2022-12-28 | by ( Miguel Ortiz | We Are The Mighty | ) www.businessinsider.com time to read: +6 min

Most military enthusiasts are familiar with the Reagan administration's 600-ship Navy and the reactivation of the battleships USS Iowa, Missouri, New Jersey and Wisconsin. However, USS New Jersey was brought back into active service once before. US ArmyAn evolution of the famed M1 Garand of WWII and Korea, the M14 battle rifle became the standard-issue rifle for the US military in 1959. It served as the basis of the M21 Sniper Weapon System introduced in 1968 and M25 Sniper Weapon System introduced in 1991. Though both weapon systems have been largely replaced by the M24 Sniper Weapon System, the M14 lives on as the Mk14 Enhanced Battle Rifle.

☆ German finance minister eyes new growth package -FAZ
▼ + stars: | 2022-12-27 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Dec 27 (Reuters) - German Finance Minister Christian Lindner has tasked his officials with preparing a growth package including lowering income and corporation tax, the Frankfurter Allgemeine Zeitung (FAZ) daily reported on Tuesday, citing an internal document. The document sets out what it describes as a "turning point in economic and financial policy" for Europe's biggest economy for the next two years, reported the newspaper. Arguing that Germany had fallen behind and that high energy prices, caused in part by Russia's invasion of Ukraine, had put German companies under pressure, the document said state money was not a solution in the long run. "We cannot counter this challenge in the long run with more state money and industrial policy subsidies," the FAZ quoted the document as saying. In concrete terms, reported the FAZ, the document set out the case for a general reduction in income and corporation tax and also contained proposals for the labour market and social security.

☆ U.N. says Burkina Faso has no grounds to expel senior official
▼ + stars: | 2022-12-24 | by ( ) www.reuters.com time to read: +3 min

OUAGADOUGOU, Dec 24 (Reuters) - The United Nations on Saturday said Burkina Faso had no grounds for ordering senior U.N. official Barbara Manzi to leave the country and that the doctrine of "persona non grata" could not be applied to her. "Only the Secretary-General... has the authority to decide, after careful investigation, with respect to the withdrawal of any United Nations official." Reuters was not immediately able to verify whether Manzi, an Italian national, was still in Burkina Faso in Saturday. The U.N. provides some essential services in Burkina Faso, including supplying food to thousands of malnourished children as insecurity has crippled local economies, caused mass hunger, and restricted access for aid organisations. The Secretary-General reiterated the U.N.'s commitment to continue engaging with Burkina Faso's transitional authorities and support the country.

☆ Trump lawyers argue that calling rape accuser E. Jean Carroll a liar doesn't defame her as a journalist
▼ + stars: | 2022-12-22 | by ( Michelle Mark | Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Former President Donald Trump has filed a motion to dismiss a second lawsuit from E. Jean Carroll. Trump's attorney argued he never defamed Carroll because he didn't disparage her professionally. Carroll previously sued Trump in 2019, alleging that the then-president defamed her by claiming she invented the rape allegations. Trump's court filing on Wednesday argued that Trump's October 12 statement didn't qualify as defamation because it doesn't disparage Carroll's "trade, business or profession." In response to Insider's request for comment, Carroll's attorney, Roberta Kaplan, said Carroll's team looks forward to going to trial in April 2023.

☆ Mar-a-Lago guests were partying and taking dips in the pool only 60 feet away from classified docs, per new New York Times investigation
▼ + stars: | 2022-12-17 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

According to The New York Times, Trump stored many of the documents in half-open storage rooms. Boxes of documents were stored between beach chairs and umbrellas in storage rooms near the resort's central patios and outdoor spaces used to host events. Guests were only sixty feet away from the documents at times, according to a sweeping visual investigation by The New York Times, which shed light on the nature of the storage of government documents that included some marked "classified." According to the Times, Trump hosted at least 50 political events in the first 19 months after leaving office. Less than 60 feet away from the White and Gold Ballroom, where event attendees spilled out onto an awning, multiple storage rooms were used to stash the documents.

☆ Germany ups reliance on Huawei for 5G despite security fears -survey
▼ + stars: | 2022-12-16 | by ( Sarah Marsh | ) www.reuters.com time to read: +4 min

Many European countries have banned Chinese companies from all or part of their 5G networks on security grounds, amid intense diplomatic pressure from the United States. Germany, home to operators like Deutsche Telekom (DTEGn.DE) and O2 (O2Dn.DE), passed an IT security law two years ago setting high hurdles for makers of telecommunications equipment for the "critical components" of 5G networks. The German network agency referred Reuters to regulation that shows differentiated treatment for core and RAN components. The information security office did not reply to a request for comment on whether the high share of Chinese components could pose a security threat. A strategy paper by Germany's Greens-run economy ministry has recommended increased scrutiny of components from authoritarian states in critical infrastructure.

☆ The Education Department 'failed to protect some of the most vulnerable student-loan borrowers' who had their wages stripped from them illegally during the pandemic, Elizabeth Warren says of a new 'al
▼ + stars: | 2022-12-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

A new Student Borrower Protection Center report found illegal wage garnishment for student-loan borrowers during the pandemic. Wage garnishment happens when student-loan borrowers falls behind on payments by more than 27o days, considered to be in default. The Education Department has not commented publicly on this report, but is has announced steps to help borrowers in default. But until that change is fully implemented, advocates argue debt collection practices should not resume. "If ED can't guarantee that its debt collection tool can comply with consumer protections, it should never turn this machinery on again."

London CNN —China has removed its consul-general and five other British-based diplomats wanted by police for questioning in connection to the alleged beating of a Hong Kong protester in the English city of Manchester. The Chinese Embassy said the consul-general returned to China under a “normal rotation of Chinese consular officials” and had completed his term of office. Hong Kong protester Bob Chan shows a photograph of his injuries at a news conference in London on October 19. According to protest organizers, around 60 demonstrators had gathered outside the Manchester consulate to protest Chinese leader Xi Jinping’s consolidation of power. Under the law, protesters and activists have been jailed, newsrooms shut, civic society dismantled and formal political opposition effectively wiped out.

☆ The federal judge who appointed Trump's special master just threw out his lawsuit against the FBI's raid of Mar-a-Lago
▼ + stars: | 2022-12-12 | by ( Jake Epstein | Kimberly Leonard | ) www.businessinsider.com time to read: +2 min

A federal judge officially dismissed the special master reviewing documents seized at Mar-a-Lago. Judge Aileen Cannon wrote in a Monday one-page order that she was dismissing the case because of a "lack of jurisdiction." A three-judge federal appeals court on December 2 wrote a scathing decision overturning Cannon's initial decision to side with Trump and grant him a special master to review documents taken in the FBI's search. During a search of Mar-a-Lago on August 8, the FBI seized boxes of materials, some highly classified, according to court records. Trump has without evidence accused the FBI of planting materials at his home, and the special master, Senior Judge Raymond Dearie, said Trump's team must provide evidence to support their claims.

The sky was darkening above Hazelton federal penitentiary in West Virginia when a prison van rolled up carrying an elderly gangster. ‘I’m deteriorating’His final hours were described in detail for the first time in a Justice Department Inspector General report released Wednesday. The news somehow got out among the Hazelton inmates, the report says, a detail that had been previously disclosed by federal prosecutors. The facility, known as Misery Mountain, was among the most violent in the federal prison system. Two hours passed before a prison staffer went into the cell and found Bulger’s lifeless body.

☆ Factbox: FACTBOX European companies cut jobs as economy sputters
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Evgenia NovozheninaDec 7 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. * FINNAIR (FIA1S.HE): the Finnish airline will cut about 150 jobs, of which 90 are in its home country, as part of a plan to return to profitability. * MICHELIN (MICP.PA): the tyre maker plans to cut up to 1,600 jobs in France, fewer than the 2,300 estimated in its initial voluntary redundancy plan as it seeks to safeguard production. * HUSQVARNA (HUSQb.ST): the garden equipment and tools maker will cut 1,000 jobs, the vast majority of them related to the shift from petrol to battery-powered tools. * H&M (HMb.ST): the Swedish fashion giant, which employs roughly 155,000 people, will cut some 1,500 jobs as part of a 2 billion crown ($189.5 million) savings drive.

☆ Factbox: European companies cuts jobs as economy sputters
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +4 min

☆ Gen Zers don't have to get a new job to find meaning and purpose at work
▼ + stars: | 2022-12-07 | by ( Alexandra York | ) www.businessinsider.com time to read: +5 min

Many Gen Z employees want their jobs to matter and look for meaningful work. Here's how Gen Zers can find meaning at work, from forming connections to shaping values. She, like many Gen Z employees, wanted her work to matter. Connect with those around youDanielle Farage says connecting with coworkers and peers helps inspire and motivate her as a Gen Z worker. courtesy of FarageThe importance of intimate connections can not be ignored in establishing a meaningful work experience.

☆ Nike basketball sales aren't expected to suffer after cutting ties with Kyrie Irving as anticipation builds for a Ja Morant signature shoe
▼ + stars: | 2022-12-06 | by ( Matthew Kish | ) www.businessinsider.com time to read: +4 min

Memphis Grizzlies star Ja Morant is expected to get the next Nike signature shoe. "When his signature shoe starts selling, it has the potential to be what Kyrie's was the first three years." Still, Burns noted Nike basketball is on the upswing, and Morant has a strong reputation. The shoe is nearly sold out on Nike's website, suggesting strong demand for performance basketball shoes and room in the market for a new signature shoe. "Nike basketball has rebounded," Burns said, citing the popularity of the GT Cut.

☆ Fund manager names two global retailers that are about to 'dominate'
▼ + stars: | 2022-12-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

London-listed retailers Frasers Group and Next are two clothing retailers that will "dominate" the sector during a recession, according to a veteran Schroders fund manager. Andrew Brough, who runs the Schroder UK Mid Cap Fund, said the two conservatively run companies are well placed to expand and take market share during a downturn through acquisitions. Shares of Frasers Group have risen by 30.6% over the past year, outperforming the FTSE 350 general retailers index, which has fallen by 29.3% over the same period. Frasers Group is Brough's largest holding, making up 6.7% of his fund. Brough, who's run his fund for 23 years, said he was more optimistic than others about the U.K.'s economy over the near term.

☆ Appeals court stops the special master review of government records found at Trump's estate
▼ + stars: | 2022-12-01 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

An appeals court ruled that a Special Master must stop reviewing Trump's Mar-a-Lago documents. Trump succeeded in having lower courts appoint a Special Master, delaying a federal investigation. The Special Master was set to review thousands of classified documents that the former president kept. In September, Florida Judge Aileen Cannon had appointed a special master in September, which the Justice Department appealed and which drew criticism from the Appeals court judges in their Thursday ruling. The move to appoint a special master opened an unprecedented Pandora's box of concerns for national security experts.

☆ Scientists build 'baby' wormhole as sci-fi moves closer to fact
▼ + stars: | 2022-11-30 | by ( Will Dunham | ) www.reuters.com time to read: +3 min

Scientists have long pursued a deeper understanding of wormholes and now appear to be making progress. It was a "baby wormhole," according to Caltech physicist Maria Spiropulu, a co-author of the research published in the journal Nature. But scientists are a long way from being able to send people or other living beings through such a portal, she said. The researchers observed the wormhole dynamics on a quantum device at Alphabet's Google (GOOGL.O) called the Sycamore quantum processor. A wormhole - a rupture in space and time - is considered a bridge between two remote regions in the universe.

☆ Returns Are the Retail Industry’s Quietly Mounting Logistics Problem
▼ + stars: | 2022-11-28 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Why Everything Is On Sale: The Bullwhip Effect If it seems like there are more sales lately, it’s because there are. General retailers are shedding excess inventory. Just blame the bullwhip effect. WSJ’s Jon Hilsenrath explains what it is, and what it means for the economy.

☆ Another tech bubble bursts: 2022 has been brutal for Silicon Valley workers
▼ + stars: | 2022-11-27 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com time to read: +28 min

Gem: 100A maker of recruiting software, the startup cut a third of its workforce Nov. 1, The Information reported. HealthCare.com: 149The health insurance marketplace announced the job cuts Aug. 3, Miami Inno reported, citing state regulatory filings. Fabric: 120The robotics startup said July 13 that it was layoffing off 40% of them, TechCrunch reported, citing company confirmation. It affected about 300 people, the Silicon Valley Business Journal reported, citing company confirmation. Policygenius: 170The online insurance company cut about 25% of its staff, Axios reported June 6, citing company confirmation.

☆ Michael Maccoby Applied Psychology and Anthropology to Business
▼ + stars: | 2022-11-24 | by ( James R. Hagerty | ) www.wsj.com time to read: 1 min

After completing his doctoral studies in social relations at Harvard in 1960, Michael Maccoby drove a rusty Ford to Cuernavaca, Mexico, to help the psychoanalyst and philosopher Erich Fromm conduct research on the motivations of people in farming villages. They worked together for eight years and produced a book, “Social Character in a Mexican Village.”It could have been the prelude to an academic career. Instead, Dr. Maccoby pursued his field work in factories and corporate suites, applying what he had learned from psychology, sociology and anthropology to management consulting and books for general readers, including “Strategic Intelligence” and “The Productive Narcissist.” He advised companies and government agencies on leadership and motivation of employees.

☆ Insana: The ‘7% solution’ on interest rates could come back to haunt the Federal Reserve
▼ + stars: | 2022-11-18 | by ( Ron Insana | ) www.cnbc.com time to read: +3 min

A trader watches as Federal Reserve Chair Jerome Powell speaks on a screen on the floor of the New York Stock Exchange (NYSE), November 2, 2022. Brendan McDermid | ReutersSt. Louis Federal Reserve President James Bullard suggested on Thursday that the central bank might have to raise short-term interest rates as high as 7% to ensure that inflation goes away. Once again, Bullard and other Fed officials say that the central bank cannot repeat the policy errors of the 1970s. Raising rates by up to three full percentage points from the Fed's current target range of 3.75% to 4% would ensure a very deep recession. That's the case whether its headline or core consumer prices or other measures of inflation more closely watched by the Fed.

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