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☆ I've been a recruiter for the corporate elite for 25 years. These 10 mistakes can cost even the most brilliant candidate their dream job.
▼ + stars: | 2024-07-12 | by ( Deepali Vyas | ) www.businessinsider.com time to read: +8 min

Read previewAfter nearly 25 years of headhunting for the corporate elite, I've seen it all. But I've seen too many candidates rest on their laurels, assuming their existing Rolodex (yes, some still have those) is enough. I've seen it happen, and it's not pretty. I've seen candidates lowball themselves out of insecurity, and others demand outrageous packages out of hubris. I've seen candidates ghost companies after multiple rounds of interviews or respond poorly to rejection.

Persons: —, I've, they're, it's, I'm, Skip, you'll, It's, today's, Deepali Vyas, Tess Martinelli, tmartinelli@businessinsider.com Organizations: Service, Business, Google

☆ Mali junta lifts suspension on political party activities
▼ + stars: | 2024-07-11 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

Reuters —Mali’s military junta has lifted a suspension on political party activities meant to safeguard public order, the council of ministers said late on Wednesday. “By taking this deterrent measure, the government was able to contain all the threats of public disorder that hung over this major event,” the council said in a statement. Given the focus was now on implementing the recommendations of the April 13-May 10 peace dialogue, the government will allow political parties to resume their activities, it said. Mali’s junta, which seized power in a second coup in 2021, reneged on a promise to hold elections in February, postponing the vote indefinitely for technical reasons. Political parties and civil society groups at the time reacted with anger to the junta’s decision not to hold the vote and called for a return to constitutional order.

Persons: Reuters — Organizations: Reuters, “, Islamic Locations: West, Central Africa, Mali, Burkina Faso, Niger, al Qaeda, Islamic State

☆ Takeaways from Biden’s critical NATO news conference as he tries to save his campaign
▼ + stars: | 2024-07-11 | by ( Michael Williams | ) edition.cnn.com time to read: +2 min

Toward the beginning of the question-and-answer, Biden mistakenly referred to Vice President Kamala Harris as former President Donald Trump. It was exactly the type of slip-up the White House and Biden’s campaign presumably would have feared amid mounting questions surrounding his mental acuity. “I wouldn’t have picked Vice President Trump to be vice president did I think she was not qualified to be president,” he said. He made a similar mistake earlier in the day, accidentally calling Ukraine President Volodymyr Zelensky “President Putin” while introducing him during a NATO event. He continued, “There’s a long way to go this campaign and so I – I’m just gonna keep moving.”The length of Biden’s resume has never been in doubt.

Persons: Joe Biden, Biden, Biden’s, Kamala Harris, Donald Trump, Trump, ”, Volodymyr Zelensky “, Putin ”, ‘, ’, “, ” Biden Organizations: Washington CNN, NATO, White, ’ Biden, Democrats, House Democratic Locations: Russia, Israel, China

☆ States and Creditors for Purdue Pharma Threaten Sacklers With Gush of Lawsuits
▼ + stars: | 2024-07-09 | by ( Jan Hoffman | ) www.nytimes.com time to read: +1 min

Purdue itself is supporting a proposal by a group of its creditors to sue individual Sacklers for transferring billions of dollars out of the company and into family trusts and overseas holding companies. The motions, some filed and others in the planning stage, are part of intense maneuvering to pressure the Sacklers to settle thousands of opioid lawsuits brought years ago against them and their company. If one isn’t struck by Sept. 9, thousands of lawsuits against the company and family members, which have been on hold for nearly five years, are likely to proceed. The Supreme Court’s ruling, on June 27, effectively dissolved an agreement negotiated between the Sacklers and Purdue, the manufacturer of the prescription opioid OxyContin, and states, local and tribal governments as well as individuals and other groups. Under that plan, the Sackers had agreed to contribute $6 billion — but only on the condition that they be granted protection from all civil lawsuits involving opioid claims.

Persons: Sackler Organizations: Purdue

☆ A Texas Gen Xer explains why he regrets going to college in his 40s
▼ + stars: | 2024-07-09 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Read previewIn 2018, at age 40, Kenneth Ferraro decided to pursue a college degree for the first time. Ferraro, who's based in Texas, had worked as a truck driver for decades, he told Business Insider via email. The perceived benefits of a college degree have led more Americans to go back to school later in life. Related storiesFerraro shared the biggest challenges he's faced in his job search, including why he thinks having a college degree has sometimes worked against him. While having a college degree improved his credentials, he thinks his age has held him back in the job market.

Persons: —, Kenneth Ferraro, Ferraro, who's, Ferraro's, he's, it's, " Ferraro, wasn't Organizations: Service, Business, New York University, Bureau of Labor Statistics, National Center for Education Statistics, New York Fed Locations: Texas

☆ ‘Gladiator II’: Paul Mescal battles Pedro Pascal and a rhino in first trailer
▼ + stars: | 2024-07-09 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

The first trailer for “Gladiator II” has arrived. The sequel to Ridley Scott’s 2000 blockbuster stars Paul Mescal, who takes over for Russell Crowe. Mescal plays Lucius, son of Lucilla, played by Connie Nielsen and the late Lucius Verus. The movie is also headlined by Pedro Pascal as Marcus Acacius, a Roman general and Denzel Washington as Macrinus, a cruel, wealthy man who keeps gladiators for sport. Gladiator II | Official Trailer (2024 Movie) - Paul Mescal, Pedro Pascal, Denzel WashingtonHans Zimmer composed the soundtrack heard in the trailer and movie.

Persons: ”, Ridley Scott’s, Paul Mescal, Russell Crowe, Mescal, Lucius, Lucilla, Connie Nielsen, Lucius Verus, Commodus, Joaquin Phoenix, Pedro Pascal, Marcus Acacius, Denzel Washington, Gladiator, Denzel Washington Hans Zimmer Organizations: CNN Locations: Numidia, Rome

☆ New AI tools are helping workers bluff their way through interviews
▼ + stars: | 2024-07-09 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +9 min

In today's big story, we're looking at how new AI tools are helping workers bluff their way through interviews . Some people have built homemade AI tools to help interviewees, releasing them online for free. A startup developing AI-powered tools for job seekers, Final Round AI offers an AI résumé builder, a cover letter writing service, and a mock interview tool. He's not the only one looking to AI to change the interview process. Others say banning AI chatbots in interviews is like prohibiting calculators during math tests — if workers can use the tech in their jobs, why not in the interview process, too?

Persons: —, I'm Jordan Parker Erb, Dan DeFrancesco, Alo, They're, Jenny Chang, Rodriguez, Rob Price, Michael Guan, He's, Rebecca Zisser, Rob, BI's Melia Russell, Melia, Guan, Jerome Powell, William McChesney Martin, Powell, Chip Somodevilla, Joe Biden's, Howard, Alan Howard's, Brevan Howard, Tyler Le, Francisco's, Leonid Shteyn, execs, Joe Arden, Joe Biden, Harvey Weinstein, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen, Lisa Ryan Organizations: Service, Business, Reserve Bank, Markets, Getty, Taiwan Semiconductor Manufacturing Company, Apple, of America, Paramount, NATO, Prosecutors Locations: Silicon Valley, Washington , DC, U.S, New York, London

☆ I chose a smaller city over London when I moved to the UK. Here's why it was the right decision.
▼ + stars: | 2024-07-09 | by ( Tanushree Srivastava | ) www.businessinsider.com time to read: +7 min

Read previewI moved to Nottingham in 2021 from India to pursue my master's degree at Nottingham Trent University. Tanushree Srivastava/BIBeginning life in the UKI arrived in the UK for the first time in 2021 as an international student. I had pre-booked a studio apartment in Nottingham city center with my friend, another international student at Nottingham Trent University. Even universities like Nottingham Trent and the University of Nottingham have huge gardens and greenery for students. One of the best parts of living in Nottingham was the commitment to its status as a "student city."

Persons: —, I'd, Tanushree Srivastava, Srivastava, White Rose, Nero, Nottingham Organizations: Service, Nottingham Trent University, Business, Nottingham Trent, University of Nottingham, Nottingham canalside, Nottingham, Nottingham Bowl, BI Nottingham Locations: Nottingham, India, London, City, England, Trent, British, Rock City

☆ AI tools and startups are helping workers bluff their way through job interviews. Just don't call it cheating.
▼ + stars: | 2024-07-09 | by ( Rob Price | ) www.businessinsider.com time to read: +12 min

Read previewMichael Guan wants you to use AI to bluff your way through that job interview. He's the cofounder and CEO of Final Round AI, a startup building artificial intelligence-powered tools for job seekers. There's a debate in Silicon Valley about the appropriateness of candidates using AI in job interviews. An AI-powered proxy interview demoArjun, a professional interview proxy, hopped on a call to explain how it worked and then gave a demo. Guan argued that using AI during a job interview isn't underhanded; it shows the worker's ingenuity.

Persons: —, Michael Guan, Otter.ai, There's, Guan shrugged, Otter, it's, Arjun, AiApply, Aidan Cramer, Cramer, Buddy, that's, résumé, Guan, Jay Ma, Copilot, Ma Organizations: Service, Business, AWS, Google, Microsoft, Hub, Intel, Nvidia, Wayback, Bureau of Labor Statistics, YouTube Locations: Silicon Valley, Facebook, WhatsApp, London, San Francisco, Francisco, China, Seattle, TikTok

☆ A career coach reviewed the 10-year-old résumé that got him into Google. He would make 3 changes today.
▼ + stars: | 2024-07-08 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Anthony Mays landed a job at Google in 2013 after a previous failed interview attempt. Mays started coding at seven and had a bank programming job in high school and college. He now runs a tech career consultancy and advises on impactful résumé writing strategies. "I was very attracted to the idea that I could make things and that I could own the things that I make," Mays told Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: Anthony Mays, Mays, — Organizations: Google, Service, University of California, Business Locations: Irvine

☆ A career coach reviewed the 10-year-old résumé that got him into Google. He would make three changes today.
▼ + stars: | 2024-07-08 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Persons: Anthony Mays, Mays, — Organizations: Google, Service, University of California, Business Locations: Irvine

☆ French stocks ETF looks poised to resume uptrend following election, according to the charts
▼ + stars: | 2024-07-08 | by ( Katie Stockton | ) www.cnbc.com time to read: +3 min

Despite the pullback, a primary uptrend remains in place for the CAC 40, in addition to the related iShares MSCI France ETF (EWQ) . Both proxies for French stocks appear to be finding their footing, which suggests that the market is welcoming the latest news regarding the election. Once the final outcome is determined, it would be natural for investors to respond favorably to the removal of uncertainty, particularly given the oversold status of French stocks. This suggests a counter-trend phase of outperformance is possible for French stocks versus U.S. stocks. Recent stabilization in many French stocks shows a positive reaction to widespread intermediate-term oversold conditions, which we gauge using the weekly stochastic oscillator.

Persons: LVMH Moet Hennessy Louis Vuitton, Katie Stockton Organizations: CAC, CNBC, NBC UNIVERSAL Locations: France, EWQ

☆ Netanyahu’s Resistance to a Deal Narrows Hopes for Gaza Cease-Fire: Live Updates
▼ + stars: | 2024-07-08 | by ( Patrick Kingsley | ) www.nytimes.com time to read: +3 min

But Mr. Netanyahu’s statement on Sunday night dampened those expectations, since it appeared to lessen the chances of a compromise with Hamas over the length and permanence of the cease-fire. Mr. Netanyahu’s grip on power relies on the support of two far-right parties opposed to any agreement that would leave Hamas in power in Gaza. “The efforts of the military in Gaza may help him get more from Hamas,” Mr. Shtrauchler said. Additionally, Mr. Netanyahu may be trying to stave off the collapse of his coalition until the end of July, when Parliament goes on recess. “He’s trying to create room for maneuver — and for that, he needs time,” Mr. Shtrauchler said.

Persons: Benjamin Netanyahu, Critics, —, “, ” Yair Lapid, Benjamin Netanyahu doesn’t, ” Ben Caspit, Mr, Netanyahu, Nadav Shtrauchler, ” Mr, Shtrauchler, “ He’s, Gabby Sobelman Organizations: News, Hamas, Analysts, Mr Locations: Israel, Gaza, Cairo, Qatar, Rafah, Rehovot

☆ I was scammed out of nearly $300,000 and was forced to abandon my retirement dreams
▼ + stars: | 2024-07-08 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

Last year, I started looking for ways to make more money from my retirement savings. The so-called investment company asked me to take out a line of credit. AdvertisementI trusted the big bank that the scammers usedStill, the so-called investment company called me, asking for more money. I never would have transferred money to a small bank or international establishment, but if you can't trust them, who can you trust? We need to be able to trust the government and major institutions like Bank of America to stop this fraud.

Persons: Leonid Shteyn, I'd, Scammers, I've, I'm Organizations: Business, Bank of America Locations: bitcoin, Bulgaria, Czech Republic, New York, Texas

☆ Private equity is booming. How to get a job in the finance industry's newest 'it' sector.
▼ + stars: | 2024-07-05 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +10 min

Getty Images; Shutterstock; BIThe traditional path to private equity starts with an investment banking job out of college. In 2023, private equity firms started reaching out in July before junior investment bankers finished their summer training. But at its core, private equity is in the business of making money by buying and running companies. Samantha Lee/InsiderA small group of headhunters and other advisors hold power over the private equity recruitment process. More on private equity pay and hiring:Have private equity's 'Hunger Games' recruiting tactics gone too far?

Persons: —, Blackstone, Apollo isn't, Goldman Sachs, it's, David Wurtzbacher, Wurtzbacher, Wharton, Graham Weaver, you've, Samantha Lee, We've, Jon Gray, Drew Angerer, Skye Gould, Steve Schwarzman, Jonathan Gray, Gray, Thoma Bravo, Atlantic's, Carlyle, Warburg Pincus, Wharton's, Axel Springer Organizations: Service, Apollo, KKR, Business, Getty, CPA, BI, Alpine Partners, Alpine's, Harvard Business School, Stanford's Graduate School of Business, Alpine, of Foreign Labor, Bain Capital, Blackstone, Harvard, Games, Wall, Citadel, headhunters, dealmakers, Private, PJT Partners, Centerbridge, of Michigan Locations: San Francisco, UPenn, Carlyle, Blackstone, Axel

☆ I tried a job simulation tool to learn about working as a consultant at BCG
▼ + stars: | 2024-07-04 | by ( Tim Paradis | ) www.businessinsider.com time to read: +2 min

That's because after using a job simulation tool for a short time, I have a better sense of what working at the prestigious consulting firm might be like. This story is available exclusively to Business Insider subscribers. He told Business Insider that, growing up in a small town in Australia, he didn't come from a line of bankers, lawyers, or accountants. In the roughly 90 minutes I spent using Forage, the tool made me do some work. The tool also made me think like a consultant — or at least try to.

Persons: —, they'd, Goldman Sachs, Tom Brunskill, Brunskill Organizations: Service, Boston Consulting, KPMG, JPMorgan, Business, EAB Locations: San Francisco, Australia

☆ Israel sends delegation to negotiate hostage release deal with Hamas
▼ + stars: | 2024-07-04 | by ( ) www.cnbc.com time to read: +2 min

Israeli Prime Minister Benjamin Netanyahu told U.S. President Joe Biden on Thursday he has decided to send a delegation to resume stalled negotiations on a hostage release deal with Hamas, Netanyahu's office said in a statement. Netanyahu is scheduled later on Thursday to have consultations with his negotiating team, and then discuss the hostage release talks with his security cabinet. Prior efforts to end the Gaza conflict were mediated by Egypt and Qatar, with talks held in both locations. Hamas has said any deal must end the war and bring a full Israeli withdrawal from Gaza. The plan entails the gradual release of Israeli hostages still being held in Gaza and the pullback of Israeli forces over the first two phases, and the freeing of Palestinian prisoners.

Persons: Benjamin Netanyahu, Joe Biden, Netanyahu, Israel, Biden Organizations: Hamas, U.S Locations: Bureij, Gaza, Israel, Israeli, Egypt, Qatar

☆ How Reliant Is the U.S. on Avocados From Mexico?
▼ + stars: | 2024-07-03 | by ( Danielle Kaye | ) www.nytimes.com time to read: +1 min

Americans have a growing appetite for avocados, and a single state in Mexico supplies nearly all of the fruit eaten in the United States. The U.S. Department of Agriculture recently suspended inspections of avocados and mangoes set to be shipped from Mexico, citing security issues for agency workers stationed in Michoacán, a state in western Mexico where criminal groups have sought to infiltrate the thriving avocado industry. The U.S. ambassador to Mexico said in late June that inspections would “gradually” resume, and visited Michoacán last week to meet with state and federal authorities. Here’s what to know about the avocado trade between the United States and Mexico. The average American consumes more than eight pounds of avocados per year, roughly triple the amount in the early 2000s, according to the U.S.D.A.

Organizations: U.S . Department of Agriculture Locations: Mexico, United States, Michoacán, U.S

☆ You'll get a rejection email with feedback if you don't get hired at this company
▼ + stars: | 2024-07-03 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Peter Berg, founder of Forward, a consulting firm that hires globally remote engineers for startups, wants to change that. About a month ago, Berg announced that Forward would provide data and context to every applicant once a role is closed. Berg told Business Insider that Forward does its best not to waste people's time during the application or interview process through lengthy exams or assignments. Melissa Bashur told BI that the insight she received allowed her to better understand the current job market. He also said individual contributors who don't have experience with hiring tend to be more in the dark about the process.

Persons: —, Peter Berg, Berg, it's, Melissa Bashur, Bashur, they're Organizations: Service, Business, LinkedIn

CNN —India’s T20 World Cup-winning cricket team will finally be able to fly home Tuesday after being stuck in Barbados due to Hurricane Beryl, a powerful storm churning through the Caribbean. CNN has reached out to India’s Board of Control for Cricket for comment. The hurricane made landfall on Grenada’s Carriacou Island in the Caribbean Sea on Monday morning, causing extreme damage and one confirmed death. As of early Tuesday, Hurricane Beryl had winds of 165 miles (265 kilometers) per hour, according to the National Hurricane Center (NHC). India’s T20 World Cup victory – its first since winning the inaugural 2007 edition – sparked emotional celebrations after a year of heartbreak for many of its players, who lost to Australia in the finals of both the ODI Cricket World Cup and World Test Championship.

Persons: CNN —, Mia Mottley, Vincent, Hurricane Beryl, It’s Organizations: CNN, Caribbean, South, Board of Control, Cricket, National Hurricane Center Locations: Barbados, South Africa, Grenadines, Jamaica, Australia

☆ This company sends rejection feedback emails to every job applicant. It's made a big difference.
▼ + stars: | 2024-07-02 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Peter Berg, founder of Forward, a consulting firm that hires globally remote engineers for startups, wants to change that. About a month ago, Berg announced that Forward would provide data and context to every applicant once a role is closed. Berg told Business Insider that Forward does its best not to waste people's time during the application or interview process through lengthy exams or assignments. One woman posted on LinkedIn about the experience and said Forward offered her the "BEST" rejection letter. Melissa Bashur told BI that the insight she received allowed her to better understand the current job market.

Persons: —, Peter Berg, Berg, it's, Melissa Bashur, Bashur, they're Organizations: Service, Business, LinkedIn

☆ 28-year-old mom's teacher salary largely goes toward child care—the real costs of quitting to stay home with your kids
▼ + stars: | 2024-07-01 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +5 min

Like many families throughout the U.S., Amanda, 28, and Carlos, 36, are wrestling with the cost of child care. The couple keeps their finances separate, with Amanda covering child care while Carlos pays for other costs, like rent. The burden often falls on womenThe cost of external child care has risen by roughly 263% from 1990 to 2024, according to a KPMG analysis. But even when a family has the option to decide between paying for child care or having one parent stay home, there are more costs to consider. You might be sacrificing career growth by staying home, or you may be sacrificing some of your ability to build wealth by paying for child care.

Persons: Amanda, Carlos, Ramit Sethi, Rich, Sethi, Emily Green, Green, they've Organizations: KPMG, Pew Research, CNBC Locations: U.S, New York

☆ The resume mistake that will land it in the 'no pile,' according to a hiring expert of 30-plus years
▼ + stars: | 2024-07-01 | by ( Jennifer Liu | ) www.cnbc.com time to read: 1 min

It's easy to mass apply to job openings online, but if you don't have a solid resume, you're not making the most of your efforts. One specific detail is cause for immediate rejection, says Stacie Haller, chief career advisor at Resume Builder. "If I see a picture, that's going in the no pile," says Haller, who has over 30 years of staffing and recruiting experience. Recruiters are critical of anything that feels out of date, Haller says, and some details could add bias to the hiring process. Here are other details that should be scrubbed from your resume, according to Haller:

Persons: Stacie Haller, Haller, ageism Locations: Haller

☆ Biden student loan repayment plan to resume amid legal challenges, federal appeals court rules
▼ + stars: | 2024-07-01 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. A federal appeals court will allow a key part of President Joe Biden's student loan relief plan to resume as the legal challenges against it unfold. The SAVE plan was his biggest accomplishment to date in delivering relief to student loan borrowers. Last week, just as the Biden administration prepared to lower borrowers' monthly payments under the SAVE plan, a federal judge in Kansas issued an injunction blocking it from doing so. The appeals court ruling will allow the Biden administration to go ahead with lowering borrowers' monthly payments.

Persons: Joe Biden, Joe Biden's, Biden Organizations: Madison Area Technical College, 10th Circuit U.S, Valuable Education, Biden, SAVE, of Justice Locations: Madison , Wisconsin, Kansas

☆ What the new IRS guidance on crypto tax reporting means for investors
▼ + stars: | 2024-07-01 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

The U.S. Department of the Treasury and IRS on Friday released final tax reporting rules for digital asset brokers — and crypto investors have limited time to prepare, experts say. Mandatory yearly reporting will phase in starting in 2026, with digital currency brokers required to cover gross proceeds from sales in 2025 via Form 1099-DA. In 2027, brokers must include cost basis, or purchase price, for certain digital asset sales for 2026. "These regulations are an important part of the larger effort on high-income individual tax compliance," IRS Commissioner Danny Werfel said in a statement. The new IRS regulations come roughly four months after the agency hired two former crypto executives to improve digital currency service, reporting, compliance and enforcement programs.

Persons: Danny Werfel, Everybody's, James Creech, Baker Tilly Organizations: U.S . Department of, Treasury, IRS, Finance, Taxation, CNBC Locations: U.S

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