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May 4 (Reuters) - Shopify Inc (SHOP.TO), posted a surprise first-quarter profit on Thursday and said it would lay off 20% of its workforce in a second round of mass job cuts, sending its U.S.-listed shares more than 18.7% higher in early trade. The layoffs announced on Thursday are expected to result in a severance charge of between $140 million and $150 million in the second quarter. "Combined with the reduction in force, management is showing its commitment to profitability which investors had been concerned about," Luria added. Adjusted profit was 1 cent per share, compared with expectations for a 4 cent loss. Reporting by Chavi Mehta and Akshita Toshniwal in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
If new rules can improve game speed, surely bosses can make meetings run more efficiently. If Major League Baseball can speed up games, surely bosses can make meetings more efficient, right? Try, for instance, forcing yourself to cut meetings by half: Your weekly meeting becomes an every-other-week meeting; your hourlong meetings become 30-minutes ones. Ask for adviceJust as MLB needs to consider the fan experience of being at the ballpark or watching a game on TV, bosses need to think about their workers' experiences in meetings, Rogelberg said. "Instead of putting people in hours of meetings without ever asking them about what they're accomplishing, you need to engage," he said.
[1/4] A child weeps while on the bus leaving The Covenant School, following a mass shooting at the school in Nashville, Tennessee, U.S. March 27, 2023. Nicole Hester/USA Today Network via REUTERSMarch 27 (Reuters) - The 200 young children enrolled at The Covenant School, a private Christian elementary school in Nashville, start each day with chapel, and study the Bible twice a week. "The beauty of a PreSchool-6th school is in its simplicity and innocence," the introductory paragraph of the school's website reads. The carnage made a stark and horrible contrast to the images of everyday life on the school's website and Facebook page. The private elementary school is affiliated with Covenant Presbyterian Church, part of an evangelical movement that branched off from the more liberal Presbyterian Church in 1981.
Today, real estate investor Dave Allred has ownership in over 1,250 units across the country. He shared the 21 books that helped him achieve financial freedom at age 36. These books cover real estate and investing, personal development, business, and leadership. In a recent interview, Allred shared with Insider the 21 books — spanning areas such as real estate, investing, personal development, business, and leadership — that helped him find success. This principle is especially close to Allred's heart, since reverse engineering his financial freedom took a meticulous goal-setting process.
He was able to achieve this feat by "reverse engineering" his financial freedom. In fact, he attributes much of his success today as a real estate investor to setting "audacious" goals for himself — and achieving them by whatever means necessary. To Allred, achieving true financial freedom meant having enough recurring passive income to entirely cover his family's cost of living. At that time, he decided to officially retire from door-to-door sales and go into real estate full-time. Continuing to grow his real estate fundAround 2015, Allred also began getting involved in real estate syndications.
Applications for Lazard's summer analyst program are about to open, along with the rest of Wall St.Danielle Dodgen, head of US campus recruiting at Lazard, shares her pro tips for candidates. Danielle Dodgen, head of US campus recruiting at the bank, sat down with Insider to give her top tips for a successful interview. Not understanding what makes Lazard different from its competitors, or different from bulge brackets, are also common hurdles for candidates, Dodgen said. "It's important to us to get to know candidates in person and have those in-person touchpoints," she said. "We don't expect candidates to get 100% of the questions right in an interview," Dodgen said.
Dell TechnologiesJen Felch, Chief Digital Officer and CIO"Going into 2023, I'm focused on cultivating a habit of asking better questions. In 2023, I'm resolving to tackle my own executive burnout, and to be more authentic about it. In 2023, I'm committing to meditating 10 minutes per day, five days a week. Ultimately, entrepreneurial employees have the passion to make the 'new' happen, powering through hurdles, and inspiring real innovation around them." NextdoorSarah Friar, CEO"In 2023 there are several important habits that I will cultivate to help me and the Nextdoor team succeed.
Another popular choice among real estate investors specifically is "Rich Dad Poor Dad." It was Ramit Sethi's popular money book that taught them how to be more intentional when it came to spending. Real estate"Retire on Real Estate" by Kai AndersonAvery Heilbron, who achieved financial freedom before 30 partly thanks to his investment properties, says that "Retire on Real Estate" is what nudged him in the direction of buying property to build wealth. Courtesy of Avery HeilbronIf you want to build long-term wealth, "I think real estate is 100% the best thing," Heilbron said. "Rich Dad Poor Dad" by Robert KiyosakiThis classic by Robert Kiyosaki is a favorite among real estate investors and early retirees, including Mike Zuber, who was able to quit his day job in his 40s thanks to his lucrative real estate portfolio.
They started reading money books, including "Set for Life" and "The Simple Path to Wealth." That's when he started diving into personal-finance books, which ultimately would be the impetus for their debt repayment and financial freedom journey. Here are three money books that helped them get to where they are today. "Set for Life" by Scott Trench"Set for Life" was one of the first money books the Lupos read. "This book does a great job of identifying the importance of spending money on your values," said Josh.
YouTube announced in September it would start sharing ad revenue with creators on Shorts in 2023. Then, a week later, YouTube announced that in 2023 it would begin sharing ad revenue from Shorts with creators. For short-form content, YouTube will allocate an undisclosed amount of ad revenue to record labels to secure music licensing. Industry insiders warn that creators should temper expectationsWhile creators are hopeful about the payouts to come from YouTube Shorts, some industry insiders say they should quell their excitement and worry that expectations might not be met. There is an intentionality that comes with selecting and watching a long-form video that the endless scroll of a vertical feed doesn't allow for.
YouTube announced in September it would start sharing ad revenue with creators on Shorts in 2023. Then, a week later, YouTube announced that in 2023 it would begin sharing ad revenue from Shorts with creators. For short-form content, YouTube will allocate an undisclosed amount of ad revenue to record labels to secure music licensing. Industry insiders warn that creators should temper expectationsWhile creators are hopeful about the payouts to come from YouTube Shorts, some industry insiders say they should quell their excitement and worry that expectations might not be met. There is an intentionality that comes with selecting and watching a long-form video that the endless scroll of a vertical feed doesn't allow for.
And artists like Beyoncé and Megan Thee Stallion have incorporated Southern Black aesthetics into their fashion and music videos. “We’re now seeing some of the vividness and vibrancy that has always been a part of the South,” Durham said. But in these shows, the South and its characters refuse the bumpkin stereotypes and embrace all the aspects of the South. “There are whole ways in which we are having to reimagine Blackness in the South,” Durham said. “We’re actually invited to see what the experiences are of the people who produce the culture,” Durham said.
When Paul Sullivan was hired to write his "Wealth Matters" column in The New York Times 13 years ago, Americans' relationships with wealth and wealthy people were undergoing a rapid shift. I was told I could create the 'Wealth Matters' column when Lehman Brothers collapsed," he says. Among his biggest takeaways: "I always drew the line between people who are wealthy and people who are rich," he says. 1 money habit of wealthy peopleOver the course of his tenure writing the column, Sullivan talked to nearly 5,000 sources about wealth in America. The article "The Difference Between ‘Rich’ and ‘Wealthy,’ According to New York Times ‘Wealth Matters’ Columnist″ was originally published on Grow (CNBC + Acorns).
During that time, they also paid off Brennan's $38,500 in student loans, two cars, an engagement ring, and a bed. Brennan graduated from college in 2014 with a finance degree, a couple of major expenses, and no immediate income. Here's how the couple paid off their six-figure debt and plan to hit a net worth of $1 million in 2022. In June 2021, one of their highest-earning months with Budgetdog, they threw an extra $30,000 at the mortgage, Brennan said. "September was the first month that we didn't have a mortgage and we saved 75% of our income," said Brennan.
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