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☆ Be more energetic at work! Why it seems like your boss is suddenly prioritizing soft skills.
▼ + stars: | 2023-10-29 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

AdvertisementAdvertisementJames Neave, head of data science at Adzuna, compares soft skills to people skills. Selker said that because soft skills can be observed, they can be measured, even if somewhat subjectively. Measuring soft skills can then become more like evaluating hard skills. AdvertisementAdvertisement"It really is a shift in thinking then to say, 'Can we observe these soft skills?" The pandemic meant that many Gen Zers, as they started their careers, didn't get the face-to-face interactions at work that might have allowed them to further develop their soft skills.

Persons: —, we've, Carrie Fisher, Harry Met Sally, Norman Bacal, Bacal, James Neave, Neave, Greg Selker, Stanton Chase, Selker, Zers, didn't Organizations: Service, Management, LinkedIn, KPMG Locations: American, Adzuna

☆ Ari Emanuel’s Endeavor is considering the sale of some of its assets
▼ + stars: | 2023-10-25 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

New York CNN —Endeavor Group Holdings, led by the high-power agent to the stars, Ari Emanuel, said that it is considering a sale of some of its assets. Earlier this year, Endeavor, which owns mixed martial arts company UFC, merged with World Wrestling Entertainment to create TKO Holdings. Shares of TKO Holdings, which is a separate publicly traded company apart from Endeavor, climbed nearly 2% in after-hours trading Wednesday. Correction: A previous version of this story incorrectly identified the assets Endeavor is considering selling as well as IMG's function. Endeavor is considering strategic options for its companies but did not identify any particular asset for sale.

Persons: Ari Emanuel, ” “, ”, Ariel Emanuel, Endeavor’s, Dwayne “, ” Johnson, Matt Damon, Emanuel, Francois, Henri Pinault Organizations: New, New York CNN — Endeavor Group Holdings, Wednesday, Endeavor, Company, IMG, Holdings, UFC, World Wrestling Entertainment, CAA Locations: New York

☆ Gen Z doesn't know how to write emails. AI is coming to Outlook, so it might help.
▼ + stars: | 2023-10-13 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

A new Microsoft AI tool could make up for the soft skills that some managers say Gen Z lacks . Microsoft 365 Copilot will us AI to help users write better emails, the company says. AdvertisementAdvertisementCompanies that use Microsoft Outlook for correspondence are getting an AI-powered tool that will help draft emails beginning next month. Some managers have complained about their supposedly lazy Gen Z workers, who they need to be supervised all day to ensure they're keeping up with their tasks. ResumeBuilder.com surveyed more than 1,300 US managers in April, and most of them said that Gen Z is the "most challenging generation" to work with.

Persons: —, Copilot, ResumeBuilder.com, Cherie Gartner, there's, It's Organizations: Microsoft, Service, KPMG, Visa, General Motors, Lumen Technologies, CNN

☆ Today's jobs report reveals a strong economy despite cooling inflation, says KPMG's Diane Swonk
▼ + stars: | 2023-10-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailToday's jobs report reveals a strong economy despite cooling inflation, says KPMG's Diane SwonkDiane Swonk, chief economist at KPMG, joins 'The Exchange' to discuss what today's jobs number says about the economy's strength, bond yields doing the work for the Fed, and ongoing union contract disputes impacting the jobs market.

Persons: Diane Swonk Diane Swonk Organizations: KPMG, Fed

☆ Your boss might give you a raise just for showing up to the office
▼ + stars: | 2023-10-05 | by ( Tim Paradis | ) www.businessinsider.com time to read: +3 min

US CEOs say they'd give raises, promotions, or better assignments to those who work at the office. The findings came in a survey from KPMG that showed how frustrated bosses are with remote work. AdvertisementAdvertisementCEOs are really starting to hate remote work — and are willing to go beyond free pizza to get you to come in. Outside of some of the big banks and high-wattage tech firms , many companies have settled into a mix of in-office and remote work. The survey found only one-third of CEOs envision traditional office jobs as remaining hybrid, down from 45% in 2022.

Persons: —, Meta's, Paul Knopp, it's, It's, Knopp, that's, We're Organizations: KPMG, Service, Big Tech, Amazon, KPMG US

☆ The wonky world of regulation is actually a hot spot for fintech investing. Here are 12 compliance startups set to take off.
▼ + stars: | 2023-10-04 | by ( Bianca Chan | ) www.businessinsider.com time to read: +1 min

Insider asked more than 30 top fintech investors to nominate the most promising startups. Here are 12 up-and-coming fintechs looking to offer solutions to wonky regulations and tax rules. Startup investors are zeroing in on fintechs that make it easier for businesses to comply with regulations and tax policies. Funding for fintechs has slid since 2021, but one bright spot has been startups that sell regulatory tech to financial services players. Such "regtech" players had a record 2022, according to KPMG, as the value of deals in this space hit $20.9 billion.

Persons: KPMG's Organizations: fintechs, KPMG

☆ Why KPMG's head of AI strategy isn't worried consultants will become obsolete
▼ + stars: | 2023-09-27 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

KPMG's head of an AI and digital innovation group expects the tech will require more workers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Chase, who will run a new AI and digital innovation group at KPMG US, expects AI will be like other tech waves — just bigger. That need for humans to interact with AI is notable because, in the past, automation has made some jobs obsolete . Companies will need to be able to articulate an AI strategy, Chase said, yet also think in more sweeping terms.

Persons: Steve Chase, —, Chase, we're, They'll, he's Organizations: KPMG, Service, KPMG US, Microsoft, Companies

☆ Three-quarters of firms globally are not ready for new ESG rules, KPMG finds
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Stephanie Lecocq/File Photo Acquire Licensing RightsLONDON, Sept 26 (Reuters) - Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before new regulations kick in, according to a new report from KPMG published on Tuesday. Regulators say external auditing of sustainability-related data - while not as extensive as financial auditing - is crucial for giving investors information free of misleading environmental claims, known as greenwashing. The EU rules will require disclosures be audited while countries adopting the International Sustainability Standards Board's reporting requirements can also demand external checking. Yet of 750 companies surveyed by KPMG, only 25% feel they are sufficiently prepared. KPMG's ESG Assurance Maturity Index assessed the views of executives and board members across industries, regions and different firm sizes to measure companies preparedness.

Persons: Stephanie Lecocq, Larry Bradley, Mike Shannon, Tommy Reggiori Wilkes Organizations: La Defense, REUTERS, KPMG, Union, KPMG's, Audit, Global, ESG Assurance, Standards, Thomson Locations: Paris, France, EU, Japan, United States, Brazil, China

☆ Explainer: How France aims to discourage buying of Chinese EVs
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +4 min

WHY IS FRANCE REVISING ITS EV BONUS ELIGIBILITY RULES? However, in the absence of cheap European-made EVs, a third of all incentives are going to consumers buying EVs made in China, a French finance ministry source said. Because Chinese industry generally relies heavily on coal-generated electricity, the criteria are likely to put the bonus out of Chinese carmakers' reach. But French car buyers will have to wait because Stellantis' (STLAM.MI) Slovakia-made e-C3 city car and Renault's (RENA.PA) France-made R5 are not due to hit the market until 2024. The model is currently one of the best-selling electric car's in France with the Tesla Y, Peugeot's e-208, Fiat's 500e, the Megane eTech and MG4.

Persons: Angelika Warmuth, EVs, Emmanuel Macron, Stellantis, MG4, Lorraine Morard, Luca De Meo, Tesla, BYD, Gilles Guillaume, Leigh Thomas, Sharon Singleton Organizations: Company, REUTERS, Rights, Reuters, SAIC, P Global, Renault, Thomson Locations: Munich, Germany, France, China, Europe, FRANCE, French, Slovakia, Dacia Spring

☆ The UAW strike fallout may quickly begin to snowball, says KPMG's Diane Swonk
▼ + stars: | 2023-09-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe UAW strike fallout may quickly begin to snowball, says KPMG's Diane SwonkDiane Swonk, chief economist at KPMG, joins 'The Exchange' to discuss the fallout a UAW strike could have on employment data, China's growth as a global exporter of electric vehicles, and shifting production worldwide due to ongoing trade tariffs.

Persons: Diane Swonk Diane Swonk Organizations: UAW, KPMG

☆ Standard Chartered-owned crypto firm Zodia launches in Singapore
▼ + stars: | 2023-09-11 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Zodia Custody, a company that helps large institutions store their crypto, launched in Singapore on Tuesday in a bid to tap into the country's rapidly growing digital asset market. The development makes Zodia the first entity that is owned by and partnered with banks to provide digital asset custody services for financial institutions in Singapore, Zodia said in a news release. Zodia is also part-owned by SBI Digital Asset Holdings, the crypto division of Japanese bank SBI. "Singapore is a market that has been no stranger to the crypto world for a long time," Sawyer said. Standard Chartered has a "fantastic brand" in Singapore, Sawyer said, adding that the backing of such a large institution has helped boost its conversations with major financial firms.

Persons: Zodia, StanChart, Julian Sawyer, Sawyer, blockchain, Crypto, Zodia's, Coinbase Organizations: Standard Chartered, Northern Trust, SBI Digital Asset Holdings, SBI, CNBC, Starling, Chartered, Arrows, United, United Arab Emirates Locations: Singapore, British, Asia, Africa, Japan, Pacific, Abu Dhabi, United Arab, India

☆ The Fed doesn't expect to cut rates as rapidly as it hiked them, says KPMG's Diane Swonk
▼ + stars: | 2023-09-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed doesn't expect to cut rates as rapidly as it hiked them, says KPMG's Diane SwonkDarrell Cronk, Wells Fargo CIO for wealth & investment management, and Diane Swonk, KPMG chief economist, join 'Squawk on the Street' to discuss central bank policy around the globe, a rotation in consumer spending, and student loan repayments slowing growth.

Persons: Diane Swonk Darrell Cronk, Diane Swonk Organizations: KPMG Locations: Wells

☆ The Fed is not about to change its inflation target anytime soon, says KPMG's Diane Swonk
▼ + stars: | 2023-08-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed is not about to change its inflation target anytime soon, says KPMG's Diane SwonkDiane Swonk, KPMG chief economist, joins 'Squawk on the Street' to discuss Swonk's thoughts on the state of the consumer, the appetite for the Federal Reserve to adjust their inflation target, and more.

Persons: Diane Swonk Diane Swonk Organizations: KPMG, Federal Reserve

☆ Fintech VCs are readying their checkbooks as cash-strapped startup founders run out of options
▼ + stars: | 2023-08-08 | by ( Bianca Chan | ) www.businessinsider.com time to read: +6 min

Fintech funding has been on a decline from 2021's peak levels, but VCs see signs of a rebound. VCs are itching to get back to dealmaking as they see early signs of a rebound in the fintech industry. Cash-strapped founders who didn't want to fundraise in a down market and get valuations slashed are running out of options and time. They dominated the fintech market in the past several years, but the shine is wearing off, Shriner said. Fintech VCs will get to spend more time on due diligence, looking beyond so-called "vanity metrics," Fernandez said.

Persons: Cash, didn't, Mark Peter Davis, Davis, We're, Tripp Shriner, Robert Ruark, Ruark, B2C, VCs, Shriner, — crowdedness, Stephanie Choo, Marcos Fernandez, KPMG's Ruark, Fintech, Fernandez Organizations: Interplay, Investors, Point72 Ventures, KPMG, Tiger, Portage Ventures, Fiat Ventures Locations: dealmaking, VCs, overvaluations

☆ Labor market has held up, as weaker sectors hand the baton to stronger ones, says KPMG's Diane Swonk
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLabor market has held up, as weaker sectors hand the baton to stronger ones, says KPMG's Diane SwonkDiane Swonk, KPMG chief economist, and CNBC's Steve Liesman join 'The Exchange' to discuss the jobs report falling short of estimates, an increase in the over sixty-five labor participation rate and the path to a soft landing.

Persons: Diane Swonk Diane Swonk, Steve Liesman Organizations: Labor, KPMG

☆ LinkedIn seems to be planning an AI 'coach' to assist you with job searching, applications, and researching a company's culture
▼ + stars: | 2023-08-01 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +2 min

LinkedIn may be developing an AI-powered job coach, according to web developer Nima Owji. Microsoft, which owns LinkedIn, has been focusing on the development of AI tools. LinkedIn seems to be planning the release of an AI "coach" to assist users with job searching, applications, and researching things like a company's culture. "Introducing LinkedIn Coach," the page reads. LinkedIn did not comment specifically on the development of the Coach tool.

Persons: Nima Owji, Owji, Grace Dean, Bing, Amanda Purvis Organizations: Microsoft, Twitter, LinkedIn, KPMG Locations: OpenAI

☆ UK markets watchdog ready to pounce as new consumer power comes into force
▼ + stars: | 2023-07-31 | by ( Huw Jones | ) www.reuters.com time to read: +3 min

The new duty is particularly significant for being more granular, requiring "good outcomes" and no "forseeable harm" for customers across products and services, price and value. The duty will help the FCA tackle harms pre-emptively to stop a mis-selling scandal in the first place, she added. Firms will have to demonstrate to the FCA how they are providing good outcomes, a step the watchdog hopes will improve on the low trust in financial services. It says it will help ensure that banks pass on higher interest rates to savers, and provide help to those struggling to pay a mortgage. ($1 = 0.7770 pounds)Reporting by Huw Jones; Editing by Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.

Persons: Nisha Arora, Arora, Philip Deeks, James's, Jonathan Herbst, Herbst, KPMG's Deeks, Deeks, Huw Jones, Conor Humphries Organizations: Financial, Authority, FCA, Reuters, Norton Rose, Thomson

☆ $20 an hour, clothing stipend, meals: How a Big Four firm is trying to get teens interested in accounting
▼ + stars: | 2023-07-28 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

By her own admission, Autumn Kimborough, 17, didn't have a passion for accounting. But the rising high school senior from Flossmoor, Illinois, heard about a well-paid summer internship at KPMG, which included a $250 clothing stipend, and got excited. Nearly 200 teenagers are participating in the summer internship program, which pays $20 or $22 an hour plus clothing and transportation stipends and meals, and includes a business etiquette class, among other skill-building tools. "I had some preconceived notions that it's sitting at a desk," Kimborough said, about being a CPA. "Now I've learned that with accounting you can travel and meet people and that drew me in."

Persons: Jennifer Flynn, Flynn, Kimborough Organizations: KPMG, Big, Finance, CPA Locations: Flossmoor , Illinois

☆ Here are Tuesday's biggest analyst calls: Apple, Disney, Costco, Nike, Imax, Walmart, Meta & more
▼ + stars: | 2023-07-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: UBS reiterates Nike as buy UBS said it's getting incrementally bullish on the stock and that it could double. " BTIG upgrades Zscaler to buy from neutral BTIG said its checks on the IT stock have been "consistently positive." Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by its overweight rating heading into Apple earnings next week. Goldman Sachs reiterates Apple as buy Goldman said it's standing by its buy rating heading into earnings next week. Morgan Stanley names Elevance a top pick Morgan Stanley named the health insurance provider as a top pick and said it sees further earnings per share growth.

Persons: it's, Morgan Stanley, Apple, Piper Sandler, Wells, Goldman Sachs, Goldman, Mizuho, Oppenheimer, TSCO, Citi downgrades Goldman Sachs, TD Cowen, Wolfe, Baird, HWM, Elevance, Comm, Flywire Organizations: UBS, Nike, Apple, Walmart, Piper, Signet, Superior Unit, Costco, Citi, adv, 2Q, Meta, Digital Ad, Bank of America downgrades, Supply, Bank of America, HSBC, Zynga, Disney, Mizuho, Howmet Aerospace, Airbus Locations: Wells Fargo, 2Q23

☆ Rejection rates on new loan applications have hit the highest since 2013, says KPMG's Diane Swonk
▼ + stars: | 2023-07-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRejection rates on new loan applications have hit the highest since 2013, says KPMG's Diane SwonkDiane Swonk, chief economist at KPMG, and CNBC's Steve Liesman join 'The Exchange' to discuss increased rejection rates on new loans, the Fed's policy plan through November, and the spillover effects of ongoing labor strikes in America.

Persons: Diane Swonk Diane Swonk, Steve Liesman Organizations: KPMG Locations: America

☆ Peru's Boluarte calls protests 'threat to democracy,' key mining zones to back them
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

[1/2] Demonstrators participate in a march called by Peru's General Workers Union against President Dina Boluarte's administration, in Lima, Peru, March 9, 2023. REUTERS/Alessandro Cinque/File PhotoLIMA, July 18 (Reuters) - Peru's President Dina Boluarte said on Tuesday that anti-government protests expected to begin this week are "a threat to democracy and the rule of law," seven months after the ousting of her predecessor launched months of deadly protests. Key mining areas in Peru are planning to support a new round of anti-government protests, said Jose de Echave, the head of environmental NGO CooperAccion, who added that groups of miners from the Andean country's key copper mining corridor are set to arrive in Lima. Peru's is the world's second-largest copper producer and its mining corridor in Condoroma, Cusco, is used by MMG's . Reporting by Marco Aquino; Writing by Sarah Morland; Editing by Alexander Villegas, William MacleanOur Standards: The Thomson Reuters Trust Principles.

Persons: Dina Boluarte's, Alessandro Cinque, LIMA, Dina Boluarte, Boluarte, Pedro Castillo, Jose de Echave, Peru's, Marco Aquino, Sarah Morland, Alexander Villegas, William Maclean Organizations: Peru's General Workers Union, REUTERS, HK, Thomson Locations: Lima , Peru, Peru, Lima, Condoroma, Cusco

☆ KPMG is making a $2 billion bet on AI. It's another example of big changes that are coming to the workplace.
▼ + stars: | 2023-07-14 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

KPMG is betting big on AI — another sign the technology's use is spreading fast. They plan to jointly develop generative AI tools for areas like the supply chain and cybersecurity. Through their tie-up, the companies plan to jointly develop generative AI tools for KPMG's employees and clients, he said. On the cybersecurity defense front, generative AI can help interpret a range of data to provide quicker information about potential threats and how to respond to them. "But generative AI provides a huge head start."

Persons: Carl Carande, Microsoft didn't, Carande, We're Organizations: KPMG, Microsoft, Morning, Reuters

☆ KPMG to invest $2 billion in AI, cloud services
▼ + stars: | 2023-07-11 | by ( ) www.reuters.com time to read: +1 min

July 11 (Reuters) - KPMG said on Tuesday it will spend $2 billion on artificial intelligence and cloud services through an expanded partnership with Microsoft (MSFT.O), closely following Accenture (ACN.F) in betting on the latest technologies to weather a slowdown in advisory deals. The accounting firm said it will incorporate AI into its core audit, tax and advisory services for clients as part of the five-year partnership. Professional services firms face a slowdown in business as their customers downsize or hold off on consulting and transformation projects to save costs in a challenging macro economic environment. The expanded partnership will help support KPMG's clients and 2,500 customers serviced jointly by KPMG and Microsoft. Reporting by Lavanya Ahire, Chandni Shah and Yuvraj Malik in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Persons: Lavanya Ahire, Chandni Shah, Yuvraj Malik, Shounak Dasgupta Organizations: KPMG, Microsoft, Accenture, Professional, Thomson Locations: Bengaluru

☆ Smaller firms picking up hiring slack as large companies issue layoffs, says KPMG's Diane Swonk
▼ + stars: | 2023-07-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSmaller firms picking up hiring slack as large companies issue layoffs, says KPMG's Diane SwonkDiane Swonk, chief economist at KPMG, and CNBC's Steve Liesman join 'The Exchange' to discuss the jobs report falling short of estimates, a slow down in employment among professional services, and that state of seasonal employment in leisure and hospitality.

Persons: Diane Swonk Diane Swonk, Steve Liesman Organizations: KPMG

☆ Shoppers get set for Amazon Prime Day and competitor sales events as ‘little treat’ lifestyle takes hold
▼ + stars: | 2023-07-07 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNTwatch nowPrime Day, competitor sales start soonAmazon's highly anticipated Prime Day starts at 3 a.m. Still, nearly 80% of adults said they intend to shop on Amazon Prime Day, a survey by The Vacationer found. What to buy on Prime DayThe best deals will be on Amazon's own devices, such as 75% off the Amazon Fire TV 43-inch Omni Series. How to take advantage of Prime Day dealsTo take advantage of Prime Day deals, you must be an Amazon Prime member. (CNBC's Select has more on how to avoid the membership fee in time to score Prime Day deals.)

Persons: Amazon's, Matt Kramer, Lauder, Leonard Lauder, Vipin Porwal, it's, Julie Ramhold, Michael M, Ramhold Organizations: Walmart, Target, CNBC, Amazon, Apple, Samsung, Google, Sony, DealNews.com, Santiago, Getty Locations: Nordstrom, Sur, New York

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