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☆ Disney CEO Bob Iger tells employees he wants to start building again during town hall
▼ + stars: | 2023-11-28 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Disney Chief Executive Officer Bob Iger told employees Tuesday during an internal town hall that he is looking forward to "building again" after spending 2023 mending parts of the business that "needed attention." After speaking alone for about 15 minutes, Iger was joined by Disney head of parks and resorts Josh D'Amaro, ESPN chief Jimmy Pitaro, and Disney Entertainment co-chairs Dana Walden and Alan Bergman. Disney said this month it projects to save $7.5 billion this year, largely through job elimination and content spending rollbacks. "What Bob and I have talked about is we don't just want to flip the switch," Pitaro said. "We don't want to just move our networks over and make them available over the top without significant product enhancements."

Persons: Bob Iger, Iger, David Muir, Josh D'Amaro, Jimmy Pitaro, Dana Walden, Alan Bergman, Disney's, Disney, Pitaro, Bob Organizations: Disney, ABC News, New York's, ESPN, Disney Entertainment, Pixar, Marvel Locations: New, New York's Amsterdam

☆ 5 tips to keep your 5G network secure
▼ + stars: | 2023-11-28 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +6 min

To keep your enterprise 5G network secure, start by choosing a reputable provider. Whether you use those providers for your enterprise 5G network or build your own private 5G network, it's important to keep things secure. Update regularly, and use multifactor authenticationIt's one thing to build your 5G network securely — it's another challenge to keep it safe. "Ensure all devices connected to the 5G network are regularly updated to patch known vulnerabilities," he said. For that reason, education should be a huge part of keeping your 5G network secure.

Persons: —, Sandeep Raithatha, Alan Woodward, Woodward, eSIMs, Parm Sandhu, Sandhu, Alan Jones, Keith Brownsword Organizations: Service, Ericsson, 5G, Virgin Media O2, University of Surrey, NTT Ltd, 5G's Locations: Ireland

[1/7] Hota's CEO Holly Sheng poses for a photo in their factory in Taichung, Taiwan November 13, 2023. The crates of shafts and gears at the factory contain some of the more than 20 million parts Hota produces each year. Hota's factory will be near Texas, home to Tesla's headquarters, and Mexico, where Tesla plans to build a gigafactory. Most Taiwanese manufacturers seeking a North American foothold choose Mexico over the United States due to costs, Sheng said. Similarly, Hota would never be able to completely replace its established Taiwan production base.

Persons: Holly Sheng, Ann Wang, Sheng, Hota, Tesla, Sarah Wu, Anne Marie Roantree, Sam Holmes Organizations: REUTERS, Rights, Mfg, Ford Motor, General Motors, Hota, Reuters, DETROIT, Hota's, Washington incentivises, Thomson Locations: Taichung, Taiwan, Rights TAICHUNG, Hota's, China, North America, New Mexico, Asia, United States, Santa Teresa , New Mexico, Mexico, Detroit, U.S, Texas, American, Washington, Arizona

The full benefit for these Indian manufacturers will not be immediate, said Peter DeYoung, CEO of Piramal Pharma Solutions. Nimgaonkar said Indian CDMOs need to do more to ensure their reputation on quality standards matches Western and Chinese ones. The Indian CDMOs told Reuters that their facilities are routinely inspected by the FDA. Aragen counts seven of the 10 biggest pharma companies as clients, he said, declining to name them. "New biotechs are deciding to put eggs in both the Indian and China baskets from the start," Subramanian said.

Persons: Trump, Tommy Erdei, Ashish Nimgaonkar, Nimgaonkar, Sai, Peter DeYoung, Helen Chen, CDMOs, Piramal, DeYoung, Ramesh Subramanian, Subramanian, Maggie Fick, Andrew Silver, Michele Gershberg, Catherine Evans Organizations: Jefferies, Glyscend Therapeutics, Reuters, Sciences, Piramal Pharma, Sai Life Sciences, Western pharma, Piramal Pharma Solutions, L.E.K, Consulting, pharma, U.S . Food, Drug Administration, FDA, Thomson Locations: China, India, SHANGHAI, HYDERABAD, U.S, Shanghai, United States, London, Hyderabad

☆ EU is ill-equipped to meet growing global threats
▼ + stars: | 2023-11-27 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

The snag is that EU countries are ever more reluctant to give up their right to block collective actions. Meanwhile, rivalry between the United States and China – and a green subsidy race between the world's two largest economies – is undermining the world trading system. The response of EU countries to the Gaza conflict has also been shambolic, both individually and collectively. Yet EU countries are also grappling with nationalistic currents, the latest demonstration of which is last week’s election victory by Geert Wilders, the Dutch politician who has long campaigned on an anti-immigrant and anti-EU ticket. But it is not clear that EU countries want to find a way to speed up collective decision-making.

Persons: Donald Trump, Vladimir Putin, Geert Wilders, Olivier Costa, Jan Zielonka, Erik Jones, keener, Annalena, Shahin Vallée, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Reuters, European, NATO, EU, United Nations General Assembly, Franco, Britain, IF, College of Europe, Oxford University, European University Institute, Thomson Locations: Ukraine, United States, China, EU, People's Republic, Gaza, Dutch, Washington, Beijing, Germany, France, Denmark, United Kingdom, Berlin, Franco, Russia

☆ I Spent Years Working for My Dream Job at JPMorgan, Only to Quit 2 Years Later
▼ + stars: | 2023-11-27 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +5 min

Xaviera Ho, 29, spent years working towards her dream job at JPMorgan. But two years after landing her dream job as an investment analyst, she quit. That was when I realized that I wanted to go to business school and pursue a career in finance. During my four years in business school, I did several finance-related internships, including stints with an investment bank and a hedge fund. The branding, exposure, and networking opportunities that you get from working at a top bank like JPMorgan can be a great booster to your career.

Persons: Xaviera Ho, —, Robert Kiyosaki's, Rich Dad Poor, JP Morgan Organizations: JPMorgan, Service, National University of Singapore Business School, JP, JPMorgan Tech Exchange, National University of Singapore Locations: Ho's, Shenzhen, China, Kuala Lumpur, secondments, Vietnam, Seattle

☆ Broadcom lays off many VMware employees after closing its $69 billion acquisition of the company
▼ + stars: | 2023-11-27 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +2 min

Broadcom announced it closed its $69 billion acquisition of VMware on November 22. AdvertisementMany VMware employees learned Monday that their positions will be eliminated following Broadcom closing its acquisition of the company. Employees whose positions were eliminated received an email on Monday viewed by Business Insider that said, "Broadcom recently completed its acquisition of VMware. Some VMware employees speculated that Broadcom could spin out units like the security unit. Some VMware employees said they worried about a culture clash with Broadcom, especially as Broadcom requires returning to the office.

Persons: — Organizations: VMware, Broadcom, Service, UK . Employees, Business, BI Locations: China

☆ Top Wall Street analysts recommend these stocks for a long-term horizon
▼ + stars: | 2023-11-26 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Wall Street experts are able to delve into the details and determine which stocks might have the best prospects for the long term. Here are five stocks favored by the top pros on the Street, according to TipRanks, a platform that ranks analysts based on their past performance. Saleh holds the 504th position among more than 8,600 analysts on TipRanks. (See Domino's Options Activity on TipRanks)Palo Alto NetworksAnother BTIG analyst, Gray Powell, is bullish on cybersecurity company Palo Alto Networks (PANW). Feinseth ranks No.337 among more than 8,600 analysts on TipRanks.

Persons: Peter Saleh, Saleh, Uber, Gray Powell, Powell, billings, Goldman Sachs, Kash Rangan, Rangan, TipRanks, Ivan Feinseth, Feinseth Organizations: Domino's, TipRanks, Palo Alto Networks, Google Cloud, Tigress, Intel Locations: Palo, billings, TipRanks

☆ Some business leaders like Jeff Bezos hate the phrase 'work-life balance.' Here's what they prefer instead.
▼ + stars: | 2023-11-26 | by ( Haley Tenore | ) www.businessinsider.com time to read: +5 min

Over the years, CEOs and business leaders have shared their thoughts on the phrase "work-life balance." AdvertisementYou wouldn't think that the phrase "work-life balance" would be a controversial one. Here are some of the hottest takes on work-life balance, given by some of the top business executives in the US. Jeff Bezos says work and life should make a circle, not a "balance"Jeff Bezos has called the phrase "work-life balance" debilitating. TIAA CEO thinks the entire concept is a "lie"TIAA's CEO says work-life balance is a "lie."

Persons: Jeff Bezos, —, Clive Mason, Axel Springer, Bezos, it's, Elon Musk, Satya Nadella, Nadella, he's, Paras Griffin, Thasunda Brown Duckett, Alan Murray, Brown Duckett, Arianna Huffington, Andrew H, Walker, Huffington, Elon Musk Elon, STEFANI REYNOLDS, Musk, Walter Isaacson's Organizations: Service, Amazon, Business, Bloomberg, Press, Australian Financial, Getty, Oxford University, Elon, Getty Images, CNBC, YMCA, Tesla

☆ Moving to Tulsa: 4 transplants share how the small city has changed their cost of living
▼ + stars: | 2023-11-25 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +11 min

Through programs including Tulsa Remote, former Californians and New Yorkers are moving to Oklahoma. Some moved through Tulsa Remote, while others discovered the city on their own. For those moving through Tulsa Remote, the retention rate is around 76%. She moved to Tulsa in February 2020 independent of the Tulsa Remote program. He noticed some friends who also lived in an RV full-time eventually settled in Tulsa, and he decided to apply to Tulsa Remote.

Persons: —, Laura Landers, it's, Landers, She's, they've, " Landers, Corinne Gaston, Philadelphia Corinne Gaston, Gaston, she's, Faith MacNeil, Lansing , Michigan Faith MacNeil, MacNeil, didn't, Lansing —, Michael Boyink, Missouri Michael Boyink, Bob Dylan, he's, He's, Boyink Organizations: Tulsa, Oklahoma . Business, Service, Dallas, Housing Solutions, Rocket Homes, Business, Lansing, Michigan, Bob Dylan Center, Woody Guthrie Center Locations: Oklahoma, Los Angeles, California, Dallas, Tulsa, LA, Housing Solutions Tulsa, Tulsa County, California , Michigan , Missouri, Pennsylvania, Philadelphia, Lansing , Michigan, Michigan, Scotland, Glenpool, Lansing, Missouri, Boyink

☆ China hopes Russia will provide policy support to Chinese auto firms - Chinese state media
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: 1 min

Workers walk past new Chinese cars unloaded from a ship at a commercial port in Vladivostok, Russia August 25, 2023. REUTERS/Tatiana Meel/File Photo Acquire Licensing RightsBEIJING, Nov 24 (Reuters) - China hopes Russia will give policy support for Chinese automobile enterprises to produce, sell and operate in Russia, Chinese state media cited China's ambassador to Russia as saying on Friday. China will promote Chinese and Russian integration in the automotive industry supply chain, Ambassador Zhang Hanhui was cited as saying. China is also willing to continue to give full play to the supply advantages of China's automobile industry and continue to develop models adapted to the needs of the Russian market, he said. Reporting by Liz Lee and Beijing newsroom; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Tatiana Meel, Zhang Hanhui, Liz Lee, Christopher Cushing Organizations: REUTERS, Rights, Thomson Locations: Vladivostok, Russia, Rights BEIJING, China, Beijing

☆ Somalia joins east Africa trade bloc as it eyes new opportunities
▼ + stars: | 2023-11-24 | by ( Abdi Sheikh | ) www.reuters.com time to read: +2 min

MOGADISHU, Nov 24 (Reuters) - The East African Community trade bloc admitted Somalia as its eighth member on Friday, a move Somali authorities and businesses hope will boost the country's war-ravaged economy. "Somalia officially joins the East African Community, reinforcing ties and opening new doors for progress and partnership," Daud Aweis, Somalia's minister for information, culture and tourism said in a post on X, formerly Twitter. In turn the bloc's large population and existing customs union and common market are a draw for investors that Somalia can now tap into. Somali businesses said the country's vibrant private sector, which has overcome long odds to stay afloat, would bring a fresh injection of risk-tolerant entrepreneurs into the trade bloc and boost exchanges across the large Somali Diaspora. "It will be simpler for the large Somali Diaspora living across East Africa to access financial services and products," said Shuayb Haji Nur Mohamed, managing director of Salaam Somali Bank, one of Somalia's major banks.

Persons: Daud Aweis, al, Shuayb Haji Nur Mohamed, Hereward Holland, Elias Biryabarema, William Maclean Organizations: East African Community, EAC, Democratic, East African, Salaam Somali Bank, Thomson Locations: MOGADISHU, Somalia, Burundi, Democratic Republic of Congo, Kenya, Rwanda, South Sudan, Tanzania, Uganda, Al Qaeda, Shabaab, Mogadishu, al Shabaab, Somali, East Africa

BUDAPEST, Hungary (AP) — A countrywide billboard campaign that flooded the streets of Hungary this week takes aim at European Commission President Ursula von der Leyen, the start of an election campaign that marks an escalation of tensions between the country's nationalist conservative government and the European Union. Hungarian Prime Minister Viktor Orbán has long taken an adversarial approach to the 27-nation bloc. He has accused Brussels of seeking to impose unwanted policies on Hungary, and compared membership in the EU to the 40 years of Soviet domination Hungary experienced in the 20th century. “This national consultation is by far the most anti-EU document that the government has released so far," Kreko said. But after more than two years and little apparent progress, the anti-EU campaign may show that Orbán has given up on unblocking them, said Dorka Takacsy, a research fellow at the Centre for Euro-Atlantic Integration and Democracy.

Persons: Ursula von der Leyen, von der Leyen, Alex Soros, George Soros, “, Viktor Orbán, von, Leyen, Peter Kreko, Kreko, Dorka Takacsy, ” Takacsy, ” It’s, Soros, Jean, Claude Juncker, ”, Orbán, Eric Mamer, ” Mamer Organizations: European Union, Ukraine, EU, Centre, Integration, Democracy, European, Kreko, Huxit, Fidesz, Orbán Locations: BUDAPEST, Hungary, American, Hungarian, Brussels, EU, Budapest, ”, European, Europe

☆ What to know about North Korea's spy satellite launch
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +6 min

WHAT ARE THE CAPABILITIES OF NORTH KOREA'S ON-ORBIT SPY SATELLITE? To launch a more-capable satellite, North Korea will most likely need to develop a larger rocket, which it appears to be doing, he said. South Korea's spy agency has said North Korea may have overcome technical hurdles with the help of Russia, which in September publicly pledged to help Pyongyang build satellites. The United States and its allies called North Korea's latest satellite tests clear violations of United Nations Security Council resolutions, which prohibit development of technology applicable to North Korea's ballistic missile programs. "North Korea is no longer shy about testing ICBMs, so no - this really is an SLV," he said.

Persons: Jonathan McDowell, Hong Min, Kim Jong Un, Vann Van Diepen, Van Diepen, Jeffrey Lewis, Chang Young, Lee Choon, Pyongyang’s, Lewis, Hyun Young Yi, Hyonhee Shin, Josh Smith, Angus MacSwan Organizations: Reuters, KCNA, REUTERS Acquire, Rights, Harvard – Smithsonian Center for Astrophysics, U.S . Space Force, Korea Institute for National Unification, Stimson, North, Middlebury Institute of International Studies, Korea Aerospace University, South Korea's Science, Technology Policy, United Nations, Thomson Locations: North Gyeongsang Province, North Korea, Rights SEOUL, North, Korea, Pyongyang, U.S, Washington, South Korea, RUSSIA, Russia, Moscow, United States

☆ German defence contractor Hensoldt sees investment opportunities in AI
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

A logo of defense supplier Hensoldt AG is pictured during Hensoldt's initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt, Germany, September 25, 2020. REUTERS/Ralph Orlowski/File Photo Acquire Licensing RightsNov 22 (Reuters) - Hensoldt (HAGG.DE) sees artificial intelligence (AI) and analytics as an area with investment opportunity, the German defence electronics maker said at its Capital Markets Day. "Investment opportunities arise, for example, in the areas of artificial intelligence and analytics as well as in the services and integration business," it said in a statement. According to slides from Hensoldt's Capital Markets Day presentation, the company plans to invest in AI development "across all business for all relevant products and solutions". Last week, Hensoldt announced plans for a capital increase to finance the acquisition of German military service firm ESG.

Persons: Ralph Orlowski, Thomas Mueller, Hensoldt, Andrey Sychev, Alexander Huebner, Miranda Murray Organizations: Hensoldt, Frankfurt Stock Exchange, REUTERS, IRIS, Hensoldt's, Markets, Thomson Locations: Frankfurt, Germany, Ukraine

☆ Taliban Defends Record on Women as UN Looks at Path Forward
▼ + stars: | 2023-11-21 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

It proposes a path for political engagement aimed at reintegrating Afghanistan after the Taliban seized power in August 2021 as U.S.-led forces withdrew after 20 years of war. "Any formal re-integration of Afghanistan into global institutions and systems will require the participation and leadership of Afghan women," it read. Since the Taliban returned to power, most girls have been barred from high school and women from universities. The United Nations says two-thirds of Afghanistan's 43 million people need humanitarian aid. The independent assessment given to the Security Council recommended the appointment of a U.N. special envoy on Afghanistan, which the Taliban rejected as "unacceptable."

Persons: Michelle Nichols UNITED, Antonio Guterres, Feridun Sinirlioglu, Michelle Nichols, Jonathan Oatis Organizations: Michelle Nichols UNITED NATIONS, Reuters, United Nations, Islamists, . Security, Security Locations: Afghanistan, Turkish, Emirate

They said some battery operators are already supplying back-up power to grids at a price competitive with gas power plants, meaning gas will be used less. British independent Carlton Power dropped plans for an 800 million pound ($997 million) gas power plant in Manchester, northern England, in 2016. MODELS UNDER SCRUTINYDevelopers can no longer use financial modelling that assumes gas power plants are used constantly throughout their 20-year-plus lifetime, analysts said. Many countries world-wide, but especially in Europe, provide payments for standby power plants through capacity markets. In Europe, 40 million electric vehicles are expected by 2030, capable of displacing around one third of the region's gas power capacity, according to Kaluza.

Persons: Andrew Boyers, Carlton Power, Keith Clarke, Clarke, Carlton, Nigel Scott, Banks, Simon Virley, Helen Sanders, Sanders, Carlton's Clarke, Sarah McFarlane, Susanna Twidale, Simon Webb, Barbara Lewis Organizations: REUTERS, U.S, Global Energy Monitor, Power Ventures, Carlton, Carlton Power, Reuters, Sumitomo Mitsui Banking Corporation, Investors, Electricity, KPMG, Union, Octopus Energy, Thomson Locations: Finedon, Britain, Europe, United States, New Jersey, Manchester, England, London

☆ SpaceX Starship: What’s next for the most powerful rocket ever built
▼ + stars: | 2023-11-21 | by ( Jackie Wattles | ) edition.cnn.com time to read: +14 min

CNN —Mere moments after SpaceX’s Starship system — the most powerful rocket ever built — was lost in a test flight Saturday, a somewhat complicated narrative around the vehicle began to emerge. “What we did today will provide invaluable data to continue rapidly developing Starship,” SpaceX said Saturday in a statement. SpaceX's mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, on Saturday, November 18, 2023. The Starship spacecraft was then able to ignite its own engines and break away from the Super Heavy rocket booster to continue the mission. SpaceX's Starship rocket prototypes are seen at the SpaceX Starbase in Brownsville, Texas, on August 19, 2023.

Persons: CNN —, Artemis III —, Bill Nelson, SpaceX, —, Eric Gay, John Insprucker, Elon Musk, Jim Watson, Wayne Hale, they’ve, ” Hale, “, They’ve, ”, SpaceX’s, Christina Hammock Koch, Victor Glover, Reid Wiseman, Jeremy Hansen, Wiseman, Glover, Hammock Koch, Hansen, Artemis, Bill Ingalls, Hale, Jeff Bezos, Lakiesha Hawkins, ” Hawkins, NASA isn’t, Apollo Hale, Neil A, Armstrong, Michael Collins, Edwin E, Aldrin Jr, ” What’s, Veronica Cardenas, Reuters It’s Organizations: CNN, SpaceX, NASA, China, Super, International Astronautical, Getty, FAA, CSA, Canadian Space Agency, Orion, Planetary Society, SLS, Origin, Blue, Kennedy Space Center, Saturn, Earth, ” CNN, Reuters, Federal Aviation Administration Locations: Starbase, Boca Chica , Texas, Baku, Azerbaijian, Boca Chica, South Texas, AFP, Texas, Washington, Florida, “, SpaceX’s, Brownsville , Texas

☆ 'The gorilla is gone for the moment': OpenAI's rivals see ways to profit from a Silicon Valley drama
▼ + stars: | 2023-11-21 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +5 min

An in-demand talent pool"Many previously poorly understood secrets will be more widely disseminated across the ecosystem," one European AI founder who spoke on the condition of anonymity said. But European competitors can still benefit from OpenAI's implosion. The startup had been on an uninterrupted run for the past year, said EarlyBird VC partner and Aleph Alpha investor Andre Retterath. The turmoil at OpenAI has also galvanized both AI founders and investors in Europe. The company's top expenditure, besides employee salaries, is manually cleaning and sourcing the data they use to train their models, a European VC said.

Persons: Sam Altman, unseats, Nathan Benaich, Altman, Marc Benioff, Salesforce, Silvio Savarese, Einstein, 1RXoc9ekeo, Benaich, Alpha, EarlyBird, Andre Retterath, Retterath, Mariam Pettit, they've, OpenAI, Andrew Scott, 7percent, David Grimm, Grimm, Rebecca Gorman Organizations: Air Street Capital, Business, Aleph Alpha, Microsoft, Google, Alpha, Global Founders Capital, Albion Locations: Europe, OpenAI

☆ Zoom lifts annual results forecast as AI features boost demand
▼ + stars: | 2023-11-20 | by ( Samrhitha A | ) www.reuters.com time to read: +2 min

Zoom now expects annual adjusted profit per share between $4.93 and $4.95, higher than its prior forecast of $4.63 and $4.67. The company lifted its full-year revenue forecast to between $4.506 billion and $4.511 billion, from $4.485 billion to $4.495 billion earlier. The company's quarterly free cash flow grew 66.2% to $453.2 million, and Zoom expects $1.34 billion to $1.35 billion for the full year. The Phone segment grew to roughly 7 million paid seats while Contact Center reached about 700 customers as of quarter-end. For the third quarter, revenue grew 3.2% to $1.14 billion, slightly above estimates.

Persons: Dado Ruvic, Webex, Eric Yuan, Rishi Jaluria, Samrhitha, Devika Organizations: REUTERS, Communications, RBC, Contact, Thomson Locations: Bengaluru

☆ US Army tests new missile set to replace ATACMS, weapons Ukraine has used to punish Russia's helicopter fleet
▼ + stars: | 2023-11-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The Precision Strike Missile (PrSM) program is expected to give a boost to field artillery units. The Army says PrSM will extend the range of ATACMS, which Ukraine has used with great success. During a demonstration last week at White Sands Missile Range in New Mexico, the missile cleared a production qualification test flight. US Army Tactical Missile System (ATACMS) firing a missile into the East Sea during a South Korea-U.S. joint missile drill. "The excuse often cited to not sending" the 186-mile range ATACMS "is that there are not many to spare in the US inventory," Rice told Business Insider.

Persons: —, Lockheed Martin, it's, Dan Rice, Rice Organizations: US Army, Army, Service, MGM, Tactical Missile Systems, Russia's, White, Artillery, Lockheed, Pentagon, US Army Tactical Missile, Korean Defense Ministry, Getty, Kyiv, American University Kyiv, Business Locations: Ukraine, New Mexico, South Korea, U.S, Russia, Moscow

☆ LSEG names Publicis finance chief Michel-Alain Proch as CFO
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: 1 min

Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsNov 20 (Reuters) - The London Stock Exchange Group (LSEG.L) on Monday named Michel-Alain Proch as its new finance chief, starting March 1, 2024. Proch, who currently serves as group CFO of advertising group Publicis <PUBP.PA>, takes on the role from Anna Manz, who stepped down in May. Last week, LSEG, which owns London's 300-year old stock exchange, raised its mid-term growth guidance to "mid-to-high single" digits and said it would return a billion pounds to shareholders in 2024 as it looks beyond the integration of data and analytics company Refinitiv. Reporting by Eva Mathews in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, Michel, Alain Proch, Proch, Anna Manz, Eva Mathews, Sonia Cheema Organizations: London Stock Exchange, REUTERS, Thomson Locations: Canary Wharf, London, Britain, Bengaluru

☆ Bridgewater is launching a machine learning-powered macro fund this summer. Here's how it works.
▼ + stars: | 2023-11-20 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

But the rest, from idea generation to testing and the models used to make trades, will all be developed through AI and machine learning. Sekhon came to Bridgewater in 2018 after a life in academia, where he taught machine learning at Harvard, UC Berkeley, Yale. Sekhon applies machine learning to analyze Bridgewater's reams of data from the past to predict what will happen in the future. At AIA Labs, much of the work is focused on combining statistical models with language models. And now, AI language models have progressed to the point where humans can interrogate and probe them, much in the same way people talk to each other through language, Sekhon said.

Persons: Bridgewater's, Greg Jensen, It's, Jensen, we've, " Jensen, Bridgewater, Jasjeet Sekhon, Sekhon, Jas Organizations: Artificial Investment, AIA, Bridgewater, AIA Labs, Harvard, UC Berkeley, Yale Locations: Bridgewater, Westport , Connecticut

☆ Millennials and Gen Z are driving demand for experiences. It could be a great industry to stake your career on.
▼ + stars: | 2023-11-20 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

Cooks at restaurants are expected to increase 20% between 2022 and 2032. Employment is expected to grow from 1.36 million in 2022 to 1.64 million in 2032, which represents an over 20% increase. As of May 2022, restaurant cooks make about $34,000 a year, or $16.40 an hour. Hawaii, Rhode Island, and Nevada have the largest concentration of restaurant cooks, while the Northeast and West Coast have the highest average salaries. However, the number of fast food cooks is projected to fall by over 101,000 by 2032 as fast food establishments continue to reduce staff or close locations.

Persons: —, Disney, Bruce Grindy, Grindy, It's, there's Organizations: Service, Employment, Restaurant Industry, National Restaurant Association, Student, Entertainment, BLS Locations: Hawaii , Rhode Island, Nevada, Northeast, West Coast, United States

☆ NATO's Stoltenberg concerned by secessionist rhetoric in Bosnia
▼ + stars: | 2023-11-20 | by ( Daria Sito-Sucic | ) www.reuters.com time to read: +3 min

[1/3] NATO Secretary General Jens Stoltenberg shakes hands with Bosnian Prime Minister Borjana Kristo during his visit to Sarajevo, Bosnia and Herzegovina, November 20, 2023. Bosnia emerged from a 1992-1995 war with a federal structure uniting a Serb-dominated republic with a federation of Croats and Bosniak Muslims. "We are concerned by secessionist and divisive rhetoric as well as .. foreign interference including Russia," Stoltenberg told reporters in Sarajevo, his first stop during a tour of the Western Balkans region. NATO has warned about risks for Bosnia from foreign interference, particularly from Russia, and agreed to help to shore up its ability to defend itself. Every country has the right to choose its security arrangements without foreign interference," Stoltenberg said after meeting the chairwoman of Bosnia's Council of Ministers, Borjana Kristo.

Persons: Jens Stoltenberg, Borjana Kristo, Amel, Milorad Dodik, Stoltenberg, Christian Schmidt, " Stoltenberg, Borjana, Daria Sito, Toby Chopra, Peter Graff Organizations: NATO, Bosnian, REUTERS, Rights, Representative, UN Security Council, Bosnia's, Ministers, Thomson Locations: Sarajevo, Bosnia, Herzegovina, Rights SARAJEVO, Serbia, Russia, Western Balkans, Yugoslavia, masse, EU, Ukraine, Balkans, Bosnian, Russian Bosnian Serbs

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