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US services sector growth slows moderately
  + stars: | 2023-10-04 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +7 min
The survey's measure of new orders received by services businesses dropped to 51.8, the lowest level since December, from 57.5 in August. PRICES REMAIN ELEVATEDDespite the slowdown in new orders, services businesses continued to face higher prices. A gauge of prices paid by services businesses for inputs was unchanged at 58.9. Some economists view the ISM services prices paid measure as a good predictor of personal consumption expenditures (PCE) inflation. The ISM's gauge of services sector employment dipped to 53.4 from 54.7 in August, which mostly reflected supply issues.
Persons: Amira Karaoud, Kurt Rankin, tightens, September's, Goldman Sachs, Lucia Mutikani, Paul Simao, Andrea Ricci, Will Dunham Organizations: REUTERS, PMI, Institute for Supply Management, Federal Reserve, PNC Financial, United Auto Workers, Retailers, Treasury, Fed, ADP, Conference Board, Stanford Digital Economy, Labor Department's Bureau of Labor Statistics, Goldman, BLS, Thomson Locations: Louisville, U.S, WASHINGTON, Pittsburgh
Then, there is the life sciences services segment, which provides comprehensive sample management programs, integrated cold chain solutions, informatics and sample-based laboratory services to advance scientific research and support drug development. Activist Commentary: Politan Capital Management was founded by Quentin Koffey. This is Politan's second 13D filing and third activist campaign, all of which have been in the health-care sector. One-third of the company is cash, and investors want to know how it plans to deploy that capital. Ken Squire is the founder and president of 13D Monitor, an institutional research service on shareholder activism, and the founder and portfolio manager of the 13D Activist Fund, a mutual fund that invests in a portfolio of activist 13D investments.
Persons: Quentin Koffey, Koffey, Shaw, Brooks, Azenta, Thomas H, , Politan, Ken Squire Organizations: Politan Capital Management, Investment Group, Elliott Associates, Lee Partners, B, Companies, 13D Locations: D.E
It's worth being aware of those financial effects, experts say, because caregiving is an important touchstone in Latino culture. Latino caregivers have high financial strainFamily caregivers spend on average 26% of their annual income on caregiving activities, according to a 2021 report by AARP. The organization calls that measure "financial strain," and bases it on the caregiving expenses relative to a caregiver's annual income. Compared to other races and ethnicities, Hispanic and Latino caregivers have the highest financial strain, AARP found, with caregiving expenses that account for 47% of annual income. Explore claiming your family member as a dependentThere can be financial advantages to claiming a family member you are caring for as a dependent on your tax returns.
Persons: Jose Luis Pelaez, , Lea, It's, it's, Marianela, Collado, Roberto, Amanda Corral, Roberto Corral Organizations: Inc, Getty, CFP Louis Barajas, International Private Wealth, AARP, Latina, U.S, CNBC FA, Financial, caregiving, Medicaid Locations: , Florida, Irvine , California, U.S, Mexico, Canada, Barajas, Amanda Corral of California, California
(AP) — A federal appeals court has overturned a lower court ruling that found Mississippi relies too much on institutionalizing people with mental health conditions rather than providing care in their communities. They wrote that the federal government, which sued Mississippi, failed to prove that the state discriminated against people with mental health conditions in violation of the Americans with Disabilities Act. The appeals court judges also wrote that a remedial order by U.S. District Judge Carlton Reeves, which sought to make changes in Mississippi's mental health system, "vastly exceeds the scope of claimed liability.”Mississippi Attorney General Lynn Fitch's office argued that the appeals court should overturn the district judge's ruling. Political Cartoons View All 1171 ImagesThe federal government issued a letter in 2011 saying Mississippi had done too little to provide mental health services outside mental hospitals. Reeves in 2021 approved funding for an independent monitor to collect and analyze data on how Mississippi’s mental health system is working to prevent unnecessary hospitalizations.
Persons: JACKSON, Carlton Reeves, Lynn Fitch's, Fitch, ” Fitch, Reeves Organizations: , U.S, Circuit, Appeals, District, U.S . Justice Department, Mississippi, Justice Locations: Miss, Mississippi, Washington
CNN —Two pilots were killed when their planes collided Sunday during the National Championship Air Races and Air Show in Reno, Nevada, organizers of the event said. “Around 2:15 p.m. this afternoon, at the conclusion of the T-6 Gold race, upon landing, two planes collided and it has been confirmed that both pilots are deceased,” the Reno Air Racing Association said in a statement posted on Facebook. In a later statement, organizers identified the two pilots as Nick Macy and Chris Rushing. “Both expertly skilled pilots and Gold winners in the T-6 Class, Macy piloted Six-Cat and Rushing flew Baron’s Revenge,” the updated statement said. A pilot was killed last year in a plane crash during a race and In 2011, 11 people were killed and more than 60 others injured when a plane veered out of control and slammed into spectators.
Persons: Nick Macy, Chris Rushing, Macy, Rushing, Organizations: CNN, National, Air, , Reno Air Racing Association, Facebook, National Transportation Safety, North, NTSB, Federal Aviation Administration Locations: Reno , Nevada, American, Nevada
British bank HSBC has revealed a list of stocks in the U.K. it says are a "must-see" — regardless of how market conditions pan out over the rest of the year. Value stocks For those seeking "fundamentally cheap [stocks] with limited risk and/or high yield," HSBC listed value stocks. The analysts' price target of £2,130 pounds gives the stock a 44% upside from its close on Sept. 7. Misunderstood stocks HSBC also has a category called "misunderstood" stocks, capturing "companies or business models we think are misunderstood and therefore at the wrong price". Both companies are "buys" for HSBC, with target prices of £6,800 and £2,915 – or 55.1% and 87.7% — upside respectively.
Persons: Hilton, Coats, , — —, Michael Bloom Organizations: HSBC, Hilton Food, IMI, DCC
NSWParliament/YouTubeWhat is birth trauma? Amy Dawes founded the Australasian Birth Trauma Association (ABTA) after sustaining life-altering injuries during the forceps delivery of her first child in 2015. Amy Dawes, founder of the Australasian Birth Trauma Association, with her two children ages 9 and 6. In fact, we are breaking mothers.”Fiona Reid, a clinical midwife with decades of experience, said birth trauma was not only affecting others but also midwives. Reid said birth trauma will never be eliminated – “it’s an impossible request.”But she said attention should focus on eliminating preventable birth trauma and raising standards so the measure of success isn’t merely survival.
Persons: Naomi Bowden, Stella’s stillbirth, , , Bowden, ” Hannah Dahlen, Dahlen, ” Dahlen, Dr Hannan Dahlen, , ” “, Jared Watts, Carly Griffin, New South Wales Carly Griffin, I’m, ’ ”, Jessica Holliday, New South Wales Jessica Holliday, ” Holliday, ” Amanda Macaulay's, Amanda Macaulay, she’d, Emma Hurst, Amy Dawes, there’s, ” Dawes, Fiona Reid, , Reid, ” Reid, ” Fiona Reid, “ I’ve, they’re, I’ve, isn’t Organizations: Australia CNN, , Western Sydney University, Royal Australian, New Zealand College of Obstetricians, OB, BMI, CNN, NSW, Trauma, Organization for Economic Co, Development, World Health Organization, WHO, Australian Locations: Brisbane, Australia, Australian, New South Wales, Americas, Europe, Asia, NSW
Hollywood writers and actors have been on strike for over four months. The impact on California's economy has been enormous – reaching almost $5 billion. Caterers, dry cleaners, drivers, and other small enterprises are among those most affected, says one researcher. Todd Holmes, an entertainment industry professor at Cal State Northridge, had predicted a $3 billion blow to California's economy in the first 100 days of the strike. AdvertisementAdvertisementAs a result, Hollywood studios have begun delaying new releases, as strike rules prohibit actors from promoting their films.
Persons: AFTRA, Kevin Klowden, , Klowden, Todd Holmes Organizations: Service, Writers Guild of America, SAG, Milken Institute, Financial Times, Yahoo Finance, Cal State Northridge, Hollywood Locations: Wall, Silicon, Los Angeles
For one thing, many of SAG-AFTRA’s members work for television news stations and aren’t on strike. Between intermittent gigs, they’re used to taking second jobs, like waiting on tables or designing websites. During the strike, they’re also allowed to work in theater and commercials, as well as on a handful of independent projects that have agreed to abide by the union’s demands. “We’re used to being freelancers, and just being able to go along,” said Jodi Long, president of SAG-AFTRA’s Los Angeles local. Even if the industry becomes very busy when the strike ends as studios restock their pipelines, months of income will be hard to replace.
Persons: they’re, “ We’re, , Jodi Long, what’s, Ms, Long Organizations: SAG Locations: Los Angeles
The nurse practitioner on duty that day was employed by Corizon Health, Inc., one of the nation's largest private prison healthcare providers. Under federal law, a bankruptcy judge may respond to evidence of self-dealing or perjury by appointing a trustee to take control of the bankrupt company, bankruptcy experts told Insider. Just six months before the Garcia family was scheduled to have their day in court, Corizon filed for bankruptcy. "The Corizon bankruptcy is presently in a court ordered mediation, and we are seeking a global resolution for all the parties involved." Goldberger's attorney, Joseph Haspel, responded to queries with a statement saying that "Mr. Goldberger is a passive investor" in Corizon, Tehum, YesCare, Perigrove, and Perigrove 1018.
Persons: Hector Garcia, Garcia, wriggling, Adria Malcom, Corizon, Bryan Baker, , Doña Ana, Corizon ., Garcia's, Daniel Jimenez, Gina Macias, Belen Lowery, Hector Garcia , Jr, it's, Johnson, Tehum, Sen, Elizabeth Warren, I've, Isaac Lefkowitz, James Hyman, YesCare, Lefkowitz, Ian Cross, Lynn LoPucki, Tracey Grissom, William Kelly, Kelly, Hector Garcia Jr, Hector Jr, Ricky, he'd, Hector Garcia's, Ana County , New Mexico Hector Jr, Matt Coyte, Coyte, Hyman, didn't, Sara Tirschwell, Kholood, Tirschwell, Jason S, Ana County, Nick Tomecek, Christopher Atkinson, Wendy McGee, McGee, Stephanie Kiger, Anita Skipper, Atkinson, He's, Simche Steinberger, England, Steinberger's, Steinberger, Michael Flacks, Sylvia Jarrus, Cross, he's, David Gefner, Abraham Goldberger, Gefner, Perigrove, Terrence A, they'd, Oved, Goldberger, CHS Dana Anna, Flacks, Moneyman, Joel Landau, Joseph Haspel, Haspel, Andrew Levander, Landau, James Hyman's, It's, Genesis, David Harrington, Bill de Blasio, there'd, Hindenburg, David Paterson, Mark Roe, availing, Dick Durbin, Gefner . Lefkowitz, Tirschwell —, Davidson Kempner, Tim Hunter, Tirschwell's, catastrophically, Tirschwell's playbook, Jeff Sholey, Sholey, Steven Storch, Daniel's Organizations: Detention, Insider, Corizon Health, Inc, Housing, University of Missouri Health Care, Arizona Department of Corrections, Rehabilitation, Senate Banking Committee, Court, Middle, University of Florida, Alabama, futon, Health Services, New, Arizona, BlueMountain Capital Management, Flacks, Revenue, Corizon, New York Times, Tehum Care Services, CHS, YesCare Holdings, Okaloosa, Wyoming Department of Corrections, University of West, YesCare, Public, Alabama Department of Corrections, . Alabama Department of Corrections, Tehum, US, University of Missouri, LinkedIn, Flacks Group, Consulate Health Care, Justice Department, YesCare Corp, United Staffing Solutions, Charlotte, CHS Okaloosa, United, Solutions, Pharmacorr, Trade Center, Securities and Exchange Commission, Hindenburg Research, Alabama Department, Corrections, Geneva Consulting, Genesis Healthcare, Trade, Geneva, New York Stock Exchange, Pinta Capital Partners, The, Pinta Capital, New York Gov, Staffing Solutions, DG Realty, Harvard Law School, ACLU, Public Justice, Lawyers, Seven Trade, World Trade, Gefner, Southern, Southern District of Texas, The Alabama Department of Corrections, Southern Poverty Law Center, Medicare, Services, Quest Turnaround Advisors, New York City, Republican, city's Campaign Finance, CFB, Campaign Finance, Finance Locations: Ana, Las Cruces , New Mexico, facility's, Doña, Jimenez's, Las Cruces, Houston, New, Rockland County, Texas, Middle District, Tennessee, Michigan, Virginia, New York, Oregon, Idaho, New Mexico, Ana County , New Mexico, Corizon, Florida, New York City, A, York, Nashville, Missouri, Brentwood , Tennessee, Delaware, Okaloosa, Florida's panhandle, Okaloosa County, Okaloosa County , Florida, University of West Florida, YesCare, Wyoming, Shawnee County , Kansas, Bernalillo County , New Mexico, Tehum, Perigrove, Suffern, Brooklyn, America, Manhattan, Suffern , New York, Geneva, nonpayment, United States, Rivington, Alabama, Southern District, Wexford, Maine, Corizon's Texas, Mexico, Tirschwell's, YesCare Corp
Coast Guard Admiral Karl Schultz took over for Admiral Paul Zukunft as Coast Guard commandant at a Change of Command ceremony in June 2018. Jacquelyn Martin/APBy keeping the investigation secret, the Coast Guard avoided further scrutiny of how alleged rapists and other attackers were not held accountable at the academy. Linda Fagan became the first female commandant when she took charge of the Coast Guard in 2022. Fagan is not the only current Coast Guard official who was aware of the secret operation at some level. “There is always a new problem every day.”Do you have information to share about the Coast Guard Academy or Coast Guard?
Persons: Pamela Brown’s, Karl L, Schultz, , Admiral Paul Zukunft, don’t, ” Zukunft, Admiral Charles W, Ray, Democratic Sens, Maria Cantwell, Tammy Baldwin of, Karl Schultz, Jacquelyn Martin, Sen, Richard Blumenthal, , , Chad Wolf, Ken Cuccinelli, Linda Fagan, Evan Vucci, “ Fagan, Fagan, Paul Zukunft, Jessica Hill, Melissa Bert, ” Bert Organizations: CNN, US Coast Guard, Department of Homeland Security, Coast Guard, Academy, DHS, Democratic, Senate, Committee, AP, United States, Loy Institute for Leadership, , Coast Guard Academy Locations: Washington, Tammy Baldwin of Wisconsin, Connecticut
Pacific Premier says vendor hit by MOVEit data breach
  + stars: | 2023-07-25 | by ( ) www.reuters.com   time to read: +1 min
July 25 (Reuters) - Pacific Premier Bancorp (PPBI.O) said on Tuesday that a cybersecurity incident at a third-party vendor has led to data leak of its bank's clients, becoming the latest victim of the MOVEit hack. The vendor confirmed that personal data had been compromised in the incident, which involved popular file transfer tool MOVEit, Pacific Premier said in a regulatory filing. Firms, institutions and government departments using file sharing software MOVEit have recently been hit by data breaches. On Monday, consumer and commercial bank 1st Source Corp (SRCE.O) said a security breach that involved MOVEit has impacted about 450,000 records. MOVEit, made by Massachusetts-based Progress, allows organizations to securely transfer files and data between business partners and customers.
Persons: MOVEit, Jaiveer Singh, Shailesh Organizations: Pacific Premier Bancorp, Pacific Premier, Corp, Thomson Locations: Massachusetts, Bengaluru
“If God created people, it was them,” Alli told Neville of his adopted family. I decided to go to a modern day rehab facility for addiction, mental health and trauma” said Alli. It’s something people don’t want to do, going into rehab, it definitely sounds scary. The former Spurs star added that he had only checked out of rehab three weeks prior to appearing on Neville’s podcast. If you are outside of the US, please check CALM’s list of international services offering mental health support.
Persons: Dele Alli, ” Alli, Gary Neville, , , Alli, we’ve, Neville, they’ve, Dan Istitene, can’t, Everton, ” Everton, “ It’s Organizations: CNN, England, Manchester United, Daily Mail, Turkish Süper Lig, Beşiktaş, Everton, English Premier League, Premier League, Turkish, Seskim, Tottenham Hotspur, Spurs, Tottenham, English Football Association, PFA, ’ Association, Chance, The FA Locations: Africa, Turkey
After her layoff in March, she felt paralyzed, but she started applying for jobs within a few days. I'm a now-former SAP employee, having held a global-HR role at the company for most of my 17 years there. I felt paralyzed when my worst fears were confirmedI had an interim period to find another role in the company or be laid off. I started my own business, Talent Development Innovations, in May to serve my friend's needs for ramping up learning at his company. Finally, if you find yourself in this situation, process your layoff, but don't take too much time.
Persons: Barbara Jamelli, It's, I'd, they'd, Lee Hecht Harrison, I'm, I've, Organizations: Talent, SAP, Service Locations: Wall, Silicon, Pennsylvania
The administration has also implemented two dozen executive actions to try to reduce gun violence. But in the absence of congressional action, the White House has turned its focus to state action to try to reduce gun violence. Ten years later, gun violence remains a challenging issue for the White House. But since the law was signed last year, further action on gun violence has stalled in Congress. But gun violence rates more broadly in our cities are going down this year for the first time in a long time,” Murphy told CNN.
Persons: Joe Biden, ” Biden, Biden, , Barack Obama, “ You’ve, we’ve, he’s, Democratic Sen, Chris Murphy, “ I’m, Sen, Chuck, Schumer, , Murphy, Richard Blumenthal, Mark Barden, Sandy, , Everytown, Giffords, it’s, ” Murphy, Miguel Cardona, Xavier Becerra Organizations: CNN, National Safer Communities, Safer, White, University of Hartford, Sandy Hook Elementary, Capitol, Democratic, Republicans, Democrats, Elementary, Federal Emergency Management, Department of Health, Human Services, Department, Education, of, Mental Health, HHS Locations: Connecticut, United States, Newton , Connecticut, Nashville, Buffalo , New York, Uvalde , Texas, Friday’s
New Zealand slips into recession
  + stars: | 2023-06-15 | by ( Lucy Craymer | ) www.reuters.com   time to read: +2 min
With two quarters of negative growth, the country is now in a technical recession. Annual growth slowed to 2.2%, Statistics New Zealand data showed. The weakness in the economy will not be seen as a negative by the central bank, which has said it needs economic growth to slow to dampen inflation and inflation expectations. The Reserve Bank of New Zealand has undertaken its most aggressive policy tightening since 1999, when the official cash rate was introduced, lifting it by 525 basis points since October 2021 to 5.50%. Before the first-quarter GDP figures were released, the central bank had forecast the country would enter a recession in the second quarter of 2023, while Treasury's updated forecasts in May expected the country to avoid recession.
Persons: Gabrielle, Jason Attewell, Lucy Craymer, Sonali Paul Organizations: Statistics, Cyclones, Statistics New Zealand, Reserve Bank of New, Thomson Locations: Statistics New Zealand, Reserve Bank of New Zealand
The economy shed a net 17,300 jobs in May, entirely in full-time work, while the jobless rate inched up to 5.2%, Statistics Canada said. Analysts surveyed by Reuters had forecast a net gain of 23,200 jobs and for the unemployment rate to edge up to 5.1% in May after staying at 5.0% since December. A series of surprisingly strong economic data and stubbornly high inflation led the Bank of Canada to raise its overnight rate to a 22-year high of 4.75% on Wednesday. "While this is an ugly set of jobs data, the labour force survey is notoriously volatile," said Royce Mendes, head of macro strategy at Desjardins Group. Reports on jobs, inflation and gross domestic product are due out ahead of the next policy announcement on July 12.
Persons: Andrew Grantham, Paul Beaudry, Beaudry, Royce Mendes, Ismail Shakil, Steve Scherer, Fergal Smith, Dale Smith, Susan Fenton, Nick Macfie, Jonathan Oatis Organizations: OTTAWA, Statistics, Reuters, Bank of Canada, Bank of, CIBC Capital Markets, Desjardins Group, Canadian, Thomson Locations: Canada, Statistics Canada, Bank of Canada, Ottawa, Toronto
Community college enrollment rose this spring for the first time in a decade. Another route becoming more prevalent among the cohort is opting for community college instead of four-year undergraduate degrees. But according to a report by the National Student Clearinghouse Research Center, community college enrollment rose 0.5% in spring 2023. The drastic difference in cost is pushing many toward the two-year community college degrees. PMG, a global advertising company, offers a partnership with the local community college, Tarrant County College.
Citi names Meta top pick Citi said Meta is its new top pick pick based on the strength of its ad platforms. Jefferies reiterates Amazon as buy Jefferies said it sees a "strong AI opportunity" for the e-commerce giant. " "We believe upcoming results from FedEx next month can be a meaningful positive catalyst for shares. Citi reiterates Tesla as neutral Citi said its recent survey checks show Tesla has an "impressive loyalty lead." Jefferies reiterates Walmart as buy Jefferies said the big box giant is still a top pick after its robust earnings report on Thursday morning. "
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Some Chinatown residents benefited from the development boom, selling properties to developers or drawing more customers from increased foot traffic. Some residents have shown tentative support for the luxury buildings, saying they might make the neighborhood safer or bring in wealthier Asian residents who could boost Chinatown's economy. Manhattan Chinatown's housing stock is "really aged," which has led to costly fires, according to Thomas Yu, executive director of Asian Americans for Equality. Chinatowns and the pandemicMany debates surrounding luxury development and affordable housing were accelerated by the pandemic, which shuttered hundreds of businesses across Chinatowns. However, business owners who spoke with CNBC said Chinatown's businesses, though still recovering, are keeping the city's culture alive.
In 2017, with Mr. Connors’ help, Mr. Maichle started his own company, Precision Compliance Consulting. ‘Boss Man’Mr. Connors, Mr. Lewis and Mr. Maichle were all active in college conservative politics in Wisconsin about 15 years ago, when Mr. Connors was the leader of campus Republicans at Marquette University. Of that, about $102,000 went to Campaign Now, the firm started by Mr. Connors, and another $112,000 to companies where Mr. Connors, Mr. Maichle or Mr. Lewis was either the owner or a partner, tax records show. Most of the money — more than $4.4 million — went to fund-raising companies via tens of thousands of small payments. Most of the money — more than $4.4 million — went to fund-raising companies via tens of thousands of small payments.
Nina Keneally founded Need a Mom NYC, where she offers the services of a mom for $40 an hour. The work is part time, and I charge $30 an hour for the first two sessions and $40 after that for services a mom may provide. I've helped reformat a résumé, taught a guy how to iron his shirt before a big job interview, and shared recipes for chicken soup. While I'm certainly open to local in-person sessions, I don't do any marketing, so most people aren't aware I'm even here. I do have a Facebook page, and in the beginning, I got some comments like "Why would anyone need another mom?"
Why China Doesn’t Have a Property Tax
  + stars: | 2023-05-10 | by ( Keith Bradsher | ) www.nytimes.com   time to read: +1 min
Across China, many local governments are on the brink of insolvency. Central government bailouts are a possibility to rescue cities from their deep budget problems, but China hasn’t turned to a source of revenue that would be an obvious option in other countries: property taxes. In China, where the government owns the land, localities almost never tax homeowners to support services like schools. Revenue from these land sales has plunged in the past year. That knowledge means officials in Beijing could start a nationwide property tax system.
The Elusive Fix for China’s Budget Crisis
  + stars: | 2023-05-10 | by ( Keith Bradsher | ) www.nytimes.com   time to read: +1 min
Central government bailouts are a possibility to rescue cities from their deep budget problems, but China hasn’t turned to a source of revenue that would be an obvious option in other countries: property taxes. In China, where the government owns the land, localities almost never tax homeowners to support services like schools. Revenue from these land sales has plunged in the past year. Last month, after a decade-long effort that involved 100,000 workers, China’s central government said it had finally figured out who even owns 790 million apartments and other properties. That knowledge means officials in Beijing could start a nationwide property tax system.
Cyber hack to cost UK outsourcer Capita up to $25 mln
  + stars: | 2023-05-10 | by ( ) www.reuters.com   time to read: +1 min
LONDON, May 10 (Reuters) - British outsourcing company Capita (CPI.L) warned it would take a 15 million pound to 20 million pound ($25 million) hit after its systems were hacked in a cyber incident earlier this year. Capita, which provides business support services to government and companies, said in a statement on Wednesday the incident had compromised some data from less than 0.1% of its server estate and it was taking steps to recover and secure its systems. The up to 20 million pound cost of the incident was a result of specialist professional fees plus investment to reinforce its cyber protections. "Capita is working closely with all appropriate regulatory authorities and with customers, suppliers and colleagues to notify those affected and take any remaining necessary steps to address the incident," the company said. ($1 = 0.7923 pounds)Reporting by Sarah Young; Editing by Kate HoltonOur Standards: The Thomson Reuters Trust Principles.
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