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New York CNN —Sam’s Club said Tuesday it will raise pay to incentivize workers to stay with the company — and not jump ship to Costco. Sam’s Club, the membership club arm of Walmart, will increase its minimum wage to $16 starting in November from $15 an hour. To keep and grow its membership, Sam’s Club must meet a higher bar for customer service than retailers open to everyone. “The thing that we’re trying to do here is create good jobs that turn into great careers,” Sam’s Club CEO Chris Nicholas told CNN. Warehouse clubs have also boomed since the pandemic in 2020, and Sam’s Club, Costco and BJ’s Wholesale Club have added millions of new members.
Persons: , Chris Nicholas, , Daniel Schneider, Schneider, Sam’s, Sam’s Club’s, ” Nicholas Organizations: New, New York CNN — Sam’s, Costco, Sam’s, Walmart, Sam’s Club, ” Sam’s, CNN, , Harvard University, BJ’s Wholesale Locations: New York, United States
CNN —A phased reopening of Apalachee High School, the scene of this year’s deadliest school shooting, is scheduled to begin September 24. The area where the Apalachee High shooting unfolded, J Hall, will be closed for the rest of the school year after two students and two teachers were killed in the September 4 attack. “Everyone is processing or will process a tragedy differently,” said Michelle Kefford, principal at Marjory Stoneman Douglas High School in Parkland, Florida. Among its advice: ensure all physical damage is repaired and let staff members “feel comfortable in their building” before students return. “Thank you for your patience, understanding, and trust,” the Apalachee High administrators ended their letter.
Persons: Jessica Rehberg, who’ve, J, Jud Smith, , Michelle Kefford, Marjory Stoneman, , ” CNN’s Nicole Chavez, Michelle Watson Organizations: CNN, Apalachee High School, Barrow County, Dallas, Resources, Marjory Stoneman Douglas High School, Recovery Locations: Barrow, Barrow County, Parkland , Florida
I started my career as a solicitor and worked at PwC as part of their legal team in the UK. From my early days at PwC, I felt Big Four businesses operate super efficiently and do fantastic work. We work with organizations to support their early career talent, providing them with training on navigating uncertainties around personal financial literacy and how businesses work. When you're working at Big Four companies, there are all sorts of rules and regulations about the types of investments you're allowed to make because of audit restrictions. I recommend that early career professionals talk to their peers about what works for them from a personal finance position.
Persons: , Carla Hoppe, I've, who've, overspending, PwC, I'd, isn't, Gen Zers Organizations: Service, Big, Business, EY Locations: PwC
The meeting wraps up Wednesday afternoon, with the release of the Fed's rate decision coming at 2 p.m. "I hope they cut 50 basis points, but I suspect they'll cut 25. Here's a breakdown of what's on tap:The rate waitThe FOMC has been holding its benchmark fed funds rate in a range between 5.25%-5.5% since it last hiked in July 2023. The 'dot plot'Perhaps just as important as the rate cut will be the signals meeting participants send about where they expect rates to go from here. In June, FOMC members penciled in just one rate cut through the end of the year.
Persons: Jerome Powell, William McChesney Martin Jr, Andrew Harnik, they'll, Mark Zandi, that's, Tom Simons, Zandi, Robert Kaplan, There'll, Seema Shah, FOMC, Moody's, Goldman Sachs, Powell presser, Goldman, Simons Organizations: Federal Reserve, Committee, Moody's, Wall, Jefferies, Dallas Fed, CNBC, Asset Management Locations: Washington , DC
New York CNN —So far, the attacks that targeted Iran-backed Lebanese militant group Hezbollah members through their pagers have had devastating consequences. Justin Cappos, a cybersecurity professor at NYU, said that it’s possible to cause damage to a variety of batteries – most commonly lithium batteries, which have caused dangerous fires. If correct, this would suggest a very high penetration of Hezbollah’s supply chain for those devices,” Horowitz said over email. When it comes to battery safety, the National Fire Protection Association has a set of safety guidelines for lithium batteries, such as properly disposing of them. A Lebanese security source told CNN that Hezbollah had recently purchased the devices.
Persons: Israel, they’ve, Justin Cappos, ” Cappos, Baptiste Robert, Michael Horowitz, “ We’ve, ” Horowitz, CNN’s Christian Edwards, Adrienne Vogt, Aditi Sangal Organizations: New, New York CNN, CNN, Israel Defense Forces, NYU, Predicta, Le Beck, Fire Protection, Samsung, Galaxy, US Consumer Product Safety, Hezbollah Locations: New York, Iran, Lebanese, Israel
1 for employee wellbeing, according to the 2024 Work Wellbeing 100 from Indeed and the University of Oxford's Wellbeing Research Centre. Indeed's ranking found that companies with higher work wellbeing scores also have higher valuations, returns on assets and profits. "A lot of these companies tend to prioritize work flexibility," says Kyle M.K., a talent strategy advisor at Indeed. "Companies that provide choice are the ones that tend to have a much better reputation among their employees," M.K. "By prioritizing work wellbeing, companies cultivate a more resilient, effective and happier workforce which ultimately drives business growth."
Persons: Kyle M.K, LaFawn Davis, Indeed's Organizations: University of Oxford's, Research, Nasdaq, Companies, Block, Human, Delta Air Lines, Accenture Nike, International Disney Parks, Flex, Walt Disney Company Wipro, Vans, Technology Solutions, Bros Coffee Microsoft FedEx Freight, CNBC
Read previewVice President Kamala Harris during a Tuesday interview said she has full confidence in the US Secret Service following the apparent assassination attempt against former President Donald Trump this past weekend. "You can go back to Ohio," Harris told the NABJ moderators. "Not everybody has Secret Service. I have Secret Service protection," she continued. Advertisement"I checked on him to see if he was ok," the vice president said.
Persons: , Kamala Harris, Donald Trump, Harris, Vance Organizations: Service, National Association of Black Journalists, Business, GOP, Trump Locations: Philadelphia, Springfield , Ohio, Springfield, Ohio, West Palm Beach , Florida
Gentle parenting — which I define as an approach that centers kids' social-emotional needs — started off with the best of intentions, I believe. I think a lot of them would be better served by another parenting approach, one that educators love: structured parenting. While it's different from so-called gentle parenting, structured parenting is still gentle, kind, and individualized. Structured parenting means moms and dads don't lose themselvesParents are more self-critical these days than they ever have been. Structured parenting lets you deliver love and empathy, not only to your children but to yourself.
Persons: , Pam Allyn, Dewey, I've, what's, shouldn't Organizations: Service, Business
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Snapchat creators can now add user replies as stickers. "Creators go deeper on Snapchat, I think because the money's there," referencing how some influencers have made tens of thousands of dollars directly through the platform . AdvertisementNow, creators in this program can choose what engagement and demographic data they share with companies they want to work with. "I always tell creators that with Snap, you can be a big fish in a small pond."
Persons: , Brooke Berry, Alix Earle, Berry, Brooke Monk, Snap Berry, they're Organizations: Service, Business, YouTube, School
Unassigned desks help companies save on real estate because they typically have fewer desks than employees, rather than assigned workstations. In a Monday memo to employees, Jassy said that the company is going to bring back assigned desks in offices that once had them. Amazon's return to office and return to a fixed-desk mandate is in line with its recent crackdown on pandemic-era benefits. AdvertisementThe end of hot deskingWhile hot desking was first introduced by IBM in the 1990s, it became especially popular after the pandemic. Others hate moving their things around and having to adjust their desks and computers each time they begin to work.
Persons: , Andy Jassy, Jassy, Amazon's, Meta, that's Organizations: Service, Business, CNBC, Puget, ., IBM, Employees, Tech, Google Locations: Arlington , Virginia, Europe, View , California
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewEven when compared to the impressive and lengthy history of the University of Oxford, this week's gathering at Trinity College is noteworthy. Academics, nerds, and rising starsThe speakers over the two-plus days are roughly half Man employees and half external invitees. The firm balances the external speakers — from finance and other disciplines — with a line-up of Man executives and internal rising stars who are working on something that ties into the overall theme. Oxford offers plenty of advantages for the firm's leadership to get to know the decision makers at these firms.
Persons: , Tom Holland, Steven Desmyter, Milken, Desmyter, there's, Holland, Morgan Stanley, Clare Woodman, John Curtice, Jamie Dimon, Goldman Sachs, Lloyd Blankfein, Mike Lynch, Sumant Wahi, Vinayak Kumar, It's Organizations: Service, University of Oxford, Trinity College, Business, Ashmolean Museum, BBC, Morgan Stanley EMEA, Oxford, Oxford Man Institute, Union House Locations: British, Davos, Hawaii, Sydney, Sicilian, it's, Rhodes House, Trinity, New York, London, Dubai
I recently bought a used car, and I ended up getting gap coverage and an extended warranty. Gap insurance is crucialGap insurance is a type of car insurance that covers the difference between what you owe on your car loan or lease and the car's actual cash value in the event that your vehicle is totaled or stolen. So, for me, paying $1,060 extra for gap coverage and also checking to make sure my auto insurance coverage is sufficient is well worth it. If you're looking for the best car insurance, look no further. MaxCare provides coverage for unexpected vehicle repairs after the manufacturer's warranty has expired, protecting you from high out-of-pocket repair costs.
Persons: , MaxCare, I'm Organizations: Service, CarMax Locations: CarMax
Read previewThis as-told-to essay is based on a conversation with James Thompson, a 40-year-old strategic partner development manager at Google from London. In 2023, after over two decades of working in the tech and telecommunications industry, I landed a job at Google as a strategic partner manager. I never thought I'd be even considered for a role there because my tech career didn't begin with a traditional background. I dropped out of high school and polytechnicI dropped out of high school at age 17. AdvertisementI've been at Google for just over a year now and my experience has been amazing so far.
Persons: , James Thompson, It's, I'd, didn't, I've, I'm, it's, Jane Zhang Organizations: Service, Google, Business, Vodafone, Cisco, British Telecom, LinkedIn, Big Tech Locations: London, New Zealand
This as-told-to essay is based on a conversation with Nathan Marx, a deckhand for a superyacht. I knew some friends who had entered the yachting industry since leaving school, and it looked very intriguing and adventurous. AdvertisementMy previous job had long hours and was hard work, which made me comfortable stepping into the yachting industry. We also had the privilege of hiking up into the old city, an amazing experience I don't think I would've had otherwise if I wasn't into the yachting industry. But the yachting industry is a tight-knit community that's made me very happy over the past few months, so I'll stay for as long as possible.
Persons: Nathan Marx, I'm, that's, Will Smith, haven't Organizations: Service, Business Locations: South Africa, Antibes, France, Monaco, I'm, Corsica
Companies can face data-security challenges with cloud storage and access management. Dan Benjamin, the senior director of product management at Prisma Cloud, a cloud-security platform made by Palo Alto Networks, said that incorporating data-security posture management into cybersecurity strategies could help solve many of these problems. This is crucial, as an IBM report published in 2023 estimated that 82% of data breaches involved data stored in the cloud. Organizations also often use several cloud systems and sometimes lack a solid security strategy for maintaining, updating, and securing data. Liat Hayun, the vice president of product management and research of cloud security at the cybersecurity company Tenable, said cloud environments' flexibility makes them attractive to companies.
Persons: , Dan Benjamin, Benjamin said, Liat Hayun, Tenable, they're, Hayun, haven't, Benjamin, DSPM, Julie Madhusoodanan, Madhusoodanan Organizations: Service, Palo Alto Networks, LinkedIn, Companies Locations: DSPM, Normalyze
From property woes to sluggish economic data, China appears to be suffering from long Covid. Wall Street turns bullishBillionaire investors, including Appaloosa Management founder David Tepper and "Big Short" investor Michael Burry, recently revealed they are sticking to their China bets. The famed investor loaded up on Alibaba stock in the second quarter, revealing an $11.2 million position in the company. That makes Alibaba Burry's largest holding, with other Chinese tech stocks including Baidu and JD.com also featuring on Burry's portfolio. Meanwhile, BCA Research recently upgraded Chinese onshore stocks to overweight, with China strategist Jing Sima expecting Chinese onshore stocks to passively outperform global equities.
Persons: Jiang Sheng, It's, Ted Alexander, CNBC's, David Tepper, Michael Burry, Alibaba, Tepper, Burry, JD.com, Jing Sima, George Boubouras, Goldman Sachs, Song Zhiyong, Eric Lin Organizations: Visual China, Getty, Appaloosa Management, KE Holdings, Baidu, BCA Research, K2 Asset Management, CNBC, Bank of America, National Bureau of Statistics, China's Ministry of Transport, Civil Aviation Administration, Asia Pacific Summit for Aviation Safety, Paris Olympic Games, Greater, Greater China Research, UBS Locations: China, Beijing, Wall, Japan, South Korea, Singapore, Europe, Greater China
But at Fox News, they gossip about the Murdochs, the family who controls Fox’s parent company. What will happen after patriarch Rupert Murdoch dies? Could Lachlan’s younger brother James Murdoch force Fox to take a progressive bent? Rupert Murdoch, 93, is seeking to amend the family trust that he established decades ago, giving his four oldest children equal votes over the future of his conservative media empire after he dies. Under the current terms, Lachlan, James, Elisabeth and Prudence Murdoch each have equal voting rights after their father dies.
Persons: Rupert Murdoch, Lachlan, James Murdoch, Fox, Murdoch, James Murdoch’s, , James, Fox’s, Biden, Kamala Harris, James ”, Donald Trump, Rupert, Elisabeth, Prudence Murdoch, Maureen Dowd, Rupert “, ” James, Prudence, Bill Barr Organizations: New, New York CNN, Fox News, Fox, Fox Corp, HBO, CNN, The New York Times, News Corp, Wall Street Journal, New York, Liberal, Trump Locations: New York, Nevada, Reno , Nevada, Reno
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Still, though, I wanted to celebrate with friends and family. My family's trip to Namibia in 2019, booked with Namibia Tours and Safaris, cost $5,000, excluding flights. We found our restaurant tucked down a back street behind the Musée du Louvre, basking in the luminous evening light.
Persons: , waterslides, Emma Morrell, Coeur Organizations: Service, Business, Namibia Tours, Tuileries Locations: Africa, Namibia, Paris, France, Saint, Germain, En, Laye, Lights, Montmartre, Jardin, Europe
It’s Week 3 of the NFL Power Rankings, and Tennessee Titans coach Brian Callahan speaks for all of us. ETGO DEEPER NFL Week 2 takeaways: What Chiefs' latest survival shows, Ravens problems, Saints thrivingLast week: 3Thursday: Beat Miami Dolphins 31-10Week 1 was the Josh Allen Show — four touchdowns and 279 combined passing and rushing yards. Dallas Cowboys (1-1)Last week: 7Sunday: Lost to New Orleans Saints 44-19The roller-coaster ride of being a Cowboys fan never ends, does it? That’s been enough because the defense hasn’t allowed either opponent to top 90 yards rushing. Look for a heavy dose of De’Von Achane, who had 96 rushing yards and 69 receiving yards against the Bills, as long as he’s healthy.
Persons: Brian Callahan, Malik Willis, Wanya Morris, Travis Kelce, Morris, Kelce, Patrick Mahomes, He’s, Tom Brady, Roger Staubach, Josh Allen, Allen, BetMGM, Alvin Kamara, Sam Darnold's, shouldn’t, C.J ., Chris Godwin, Nic Antaya, Quarterback Baker Mayfield, Aidan Hutchinson, Khalil Mack’s, Jared Goff, Randy Moss, Justin Jefferson, Jefferson, Sam Darnold, it’s, Darnold, Brock Purdy, Deebo Samuel, Jordan Mason, Christian McCaffrey, San Francisco, Steve Young quarterbacked, Dobbins, Jim Harbaugh, DK Metcalf, Jaxon Smith, Kenneth Walker III, Walker, Geno Smith, Saquon Barkley hadn’t, Kirk Cousins, Josh Jacobs, Jordan Love, Dak, Dallas, CeeDee Lamb, Dallas pic.twitter.com, 2JC9Sidf35 —, Kyler Murray, Marvin Harrison Jr, Murray’s, enver B, ike T, aron R odgers, odgers, amar, ackson,, asser, orth, hase, rong, alf, eason, ong, olk, J r., roy T aormina, ike, ating, ake, ackers, hird, own., aguars, rian C, ade, ade Y ork, enver B roncos, hinks., iants, enver, ince, rian D Organizations: NFL, Tennessee Titans, National Football League, Vikings, 49ers, Raiders, Ravens, Buccaneers, Lions, Packers, Colts, New, New Orleans Saints, Cowboys, Bengals, Rams, Chargers, Saints, Seahawks, Beat Cincinnati Bengals, Kansas City, Chiefs, Falcons, Beat Miami Dolphins, Bills, Dolphins, Jaguars, Beat Dallas Cowboys, New Orleans ’, Philadelphia Eagles, Sam Darnold's Vikings, Beat Chicago Bears, Texans, Bears, Houston, Four Texans, Minnesota Vikings, Bucs, Tampa Bay Buccaneers, Beat Detroit Lions, Tampa Bay, Detroit, Denver Broncos, Detroit Lions, Arizona Cardinals, San Francisco 49ers, Houston Texans, Niners, Los Angeles Rams, Los Angeles Chargers, Beat Carolina Panthers, Panthers, Steelers, Pittsburgh Steelers, Seattle Seahawks, New England Patriots, Seattle, Miami Dolphins, Atlanta Falcons, Eagles, Green Bay Packers, Beat Indianapolis, Sunday, Green Bay, Dallas Cowboys, Cleveland, Dallas, Baltimore Ravens, T, 2JC9Sidf35 — Dallas Texas TV, MURRAY, FC, ards, ashington, eads, ams, ust, alton Locations: New Orleans, Buffalo, C.J, C.J . Stroud, Detroit, Tampa, San, Minnesota, J.K, Seattle, ards, ife, verall,
CNN —London’s famed Oxford Street could finally be pedestrianized, according to new plans announced by city mayor Sadiq Khan on Tuesday, following years of debate about how to revitalize the area. Tourism numbers have not fully recovered since the pandemic, according to the mayor’s office. “Oxford Street was once the jewel in the crown of Britain’s retail sector, but there’s no doubt that it has suffered hugely over the last decade,” said the mayor in the statement. Mayor of LondonMore than half a million people are believed to visit Oxford Street daily. A spokesperson for the mayor’s office told CNN that they hope to have a transition scheme in place within two years.
Persons: CNN — London’s, Sadiq Khan, John Lewis, , ” Khan, Angela Rayner, Khan’s, , London Khan Organizations: CNN, Labour, London, Westminster City Council, Oxford, Mayor, Westminster City, Government, Oxford Street Locations: Oxford, London, Westminster,
Read previewA Brazilian mayoral candidate smashed a chair into his opponent during a live debate on Sunday. This story is available exclusively to Business Insider subscribers. "Pablo Marçal was cowardly attacked by José Luiz Datena, who hit him in the ribs with an iron chair," a spokesperson for Marçal told the outlet. He could grow in the polls," Andre Cesar, a consultant and political analyst at Hold Assessoria Legislativa consultancy, told NBC. AdvertisementBoth candidates did not immediately respond to a request by Business Insider for comment.
Persons: , José Luiz Datena, Pablo Marçal, São Paulo, Datena, Marçal, Donald Trump, Ricardo Nunes, Guilherme Boulos, Andre Cesar Organizations: Service, TV Cultura, CNN, NBC, Washington Post, Business, Cultura, New York Times, Libanês Hospital, The Washington Post Locations: São
During Sunday’s debate among six hopefuls, candidate José Luiz Datena, a TV presenter, exploded when opponent Pablo Marçal, a far-right influencer, said Datena was not man enough to hit him as he had previously threatened. Datena had threatened to hit Marçal in a prior debate when Marçal raised a 2019 complaint of sexual harassment against Datena by a coworker. Datena throws a chair at Pablo Marçal (not seen) during a debate on Sunday. A half dozen pollsters announced new surveys to gauge the fallout from Sunday’s debate in the city of 11.5 million people. Pablo Marçal left the debate to seek medical attention after the altercation.
Persons: São Paulo, José Luiz Datena, Pablo Marçal, Datena, Marçal, Ricardo Nunes, Guilherme Boulos, Nunes, pollster, Marina Uezima, , Andre Cesar Organizations: Reuters, Reuters “, NBC Locations: São, Brazil’s, Eurasia
American gymnast Jordan Chiles has appealed to the Switzerland supreme court to reclaim her bronze medal from the Paris Olympics, Chiles’s attorneys announced Monday. During the women’s floor exercise final in Paris, Chiles was moved up to third place — and awarded bronze — after challenging the judges’ score over one of the elements in her routine. However, she was moved down to fifth days later after the Court of Arbitration for Sport (based in Switzerland) ruled her challenge was submitted four seconds late. The International Olympic Committee then awarded bronze to Romania’s Ana Bărbosu and asked Chiles to return her medal. Chiles has appealed to the Federal Supreme Court of Switzerland to overturn the decision.
Persons: Jordan Chiles, Chiles’s, Chiles, , Ana Bărbosu, Hamid Gharavi, “ Jordan Chiles ’, , Maurice M, Suh, ” Chiles Organizations: Paris, Sport, Olympic, Federal, Romania Locations: Switzerland, Paris, Tokyo
Dreamers are voicing their disappointment with Nicky Jam after the reggaeton singer endorsed former President Donald Trump last week. "Fast forward to now where it seems Nicky Jam used me to promote his music + sellout our community. At the rally, Trump said: “Latin music superstar Nicky Jam, do you know Nicky? "Nearly half of DACA recipients are now married, and 50% of them have a child," Sollod said. "DACA is not just about the DACA recipients; it's about the ripple effect that would be caused if the program were to end."
Persons: Nicky Jam, Donald Trump, didn’t, Adrian Escárate, Trump, Escárate, Juan Escalante, “ Nicky Jam’s, Jam, Nicky, It's, , Maná, Astrid Silva, Jam's Trump, Silva, DACA, Bruna Sollod, Sollod Organizations: Spotify, DACA, National Immigration Law, Trump, Let's, Republican, United, NBC Locations: Las Vegas, Puerto Rican, Mexican, Spanish, Nevada, Texas, U.S
President Joe Biden’s administration is widely considered to be the most pro-LGBTQ in history, and as he enters his final months in the White House, Biden sat for an historic interview with one of the country’s oldest LGBTQ news outlets. In a wide-ranging interview published Monday in the Washington Blade, a D.C.-based LGBTQ newspaper founded more than half a century ago, Biden reiterated his commitment to the community while also speaking broadly about former President Donald Trump’s policies regarding the LGBTQ community and sharing his views on Project 2025. The interview is the first time a sitting president has spoken exclusively with an LGBTQ newspaper, according to the Blade. They noted that Biden has also appointed more LGBTQ officials to his administration than in any other administration in American history. Despite such advances for the community, Biden also spoke about the challenges all Americans face.
Persons: Joe Biden’s, Biden, Donald Trump’s, ” Biden, don’t, , I’ve, Sarah McBride, “ We’re, ” Trump, “ Trump Organizations: Washington, Stonewall, Republican, NBC Locations: America, Delaware
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