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☆ This Fall’s Covid Variant Might Really Be Different
▼ + stars: | 2023-08-29 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

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☆ Women’s Problem Drinking Is Catching Up to Men’s
▼ + stars: | 2023-08-08 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

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☆ US Marines gearing up to defend 'key' terrain near China are about to get a first-of-its-kind ship-hunting missile
▼ + stars: | 2023-08-06 | by ( Christopher Woody | ) www.businessinsider.com time to read: +7 min

NMESIS, a ground-based anti-ship missile, is set to be fielded for the first time later this year. "NMESIS is the solution for the ground-based anti-ship missile capability," Staff Sgt. It emerged from the force redesign initiated by Gen. David Berger in 2019, shortly after taking over as Marine Corps commandant. We're shaping Marine Corps missile artillery and everything going forward" with the force-design plan, Reddy said. I think the learning begins this fall when we put it in the hands of a Marine unit."

Persons: NMESIS, Derek Reddy, Reddy, Earik Barton NMESIS, David Berger, Berger, Melanye Martinez, MCS2 Malcolm Kelley, Fielding, Nick Mannweiler, —, Eric Smith, We've, Smith Organizations: Navy - Marine Expeditionary Ship, Service, Corps, US Navy, Western Pacific, Marines, 1st Marine Division, Staff, Naval Air, US Marine Corps, Marine, Naval, Unit, Expeditionary, Tactical, Marine Littoral Regiment, Washington DC, Navy, Center for Strategic, International Studies, Tomahawk Locations: Wall, Silicon, California, Hawaii, Western, Southern California, Mugu, Philippines, Tripoli, San Diego, NMESIS, Taiwan, US, Okinawa —

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/sriracha-shortage-pushes-fans-to-get-creativeand-stingy-65974193

Persons: Dow Jones

☆ 37% of baby boomers have more stock exposure than they should, Fidelity says. These 4 tips can help
▼ + stars: | 2023-07-29 | by ( Lorie Konish | ) www.cnbc.com time to read: +6 min

Simon Potter | Getty ImagesWhen it comes to stocks, investors face a big question: How much exposure is enough? At Fidelity, the allocations to equities in retirement funds are about 10% higher than where they should be, Shamrell said. watch nowSome of those investors with excess stock exposure may simply need to rebalance after recent market highs, Shamrell said. Experts say having the right mix of equities can go a long way toward helping retirees meet their financial goals. Importantly, a client's personal circumstances drive these goals, McClanahan noted.

Persons: Simon Potter, Mike Shamrell, boomers —, Shamrell, Carolyn McClanahan, McClanahan, Carl Smith, Sri Reddy Organizations: Getty, Fidelity Workplace, Security, Fidelity, Planning Partners, CNBC's, Principal Financial, iStock Locations: Jacksonville , Florida

☆ Julian Salisbury was once considered a contender for Goldman Sachs CEO. Now the asset and wealth management CIO is leaving.
▼ + stars: | 2023-07-28 | by ( Emmalyse Brownstein | Kaja Whitehouse | ) www.businessinsider.com time to read: +3 min

Now, Julian Salisbury is leaving Goldman Sachs after 25 years without a replacement. In a memo Friday, CEO David Solomon thanked Salisbury, chief investment officer of the bank's asset and wealth management division, for his "contributions to Goldman Sachs, our clients and our people." Also leaving the bank is Takashi Murata, co-head of Asia Pacific private investing and global co-head of real estate within Goldman Sachs' asset management unit. Nachmann's memo said Richard Spencer will become EMEA head of Real Estate and Nikhil Reddy will become Asia Pacific head of Real Estate. That's part of the virtuous ecosystem of Goldman Sachs," he added.

Persons: Julian Salisbury, Goldman, Goldman Sachs, David Solomon, Salisbury, Marc Nachmann, Takashi Murata, Jim Garman, Nachmann, Richard Spencer, Nikhil Reddy, Richard, Nikhil, Murata, Solomon Organizations: Goldman, Management, GS, Sixth, Wall Street, Asia Pacific, EMEA Locations: Salisbury, Asia Pacific

☆ We expect India to eventually be our biggest source of sales, says pharmaceutical company
▼ + stars: | 2023-07-28 | 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 EmailWe expect India to eventually be our biggest source of sales, says pharmaceutical companyErez Israeli of Dr. Reddy's Laboratories says "many companies are not registering the innovation in India."

Organizations: Erez, Reddy's Laboratories Locations: India

☆ An Unwelcome Visitor Returns This Summer. Hint: It’s Covid.
▼ + stars: | 2023-07-27 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Meet the contrarian VC: Why Mayfield's Navin Chaddha is writing more checks than ever before while other investors pull back
▼ + stars: | 2023-07-26 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +5 min

The longtime VC firm just announced a new $250 million seed fund focused on AI. In tough economic times, the firm's leader, Navin Chaddha, believes it's a prime time to invest. That has essentially been Navin Chaddha's mantra since he took over the reins at venture-capital stalwart Mayfield Fund in 2009. With a dedicated $250 million AI seed war chest, Mayfield is now prepared to lean in even more. "We believe that AI will emerge as our teammate and that the Gen.AI wave will create many iconic companies," Chaddha said in a press release.

Persons: Mayfield, Navin Chaddha, it's, Navin, that's, Chaddha, – who's, Forbes, –, Vijay Reddy, Reddy Organizations: VC, Mayfield Fund, Mayfield, Tiger, Insight Partners, Clear Ventures, Intel Capital, Wing Venture Locations: Bessemer, Sequoia

☆ Domino's is about to go on a driver hiring spree as it gears up for its partnership with Uber Eats
▼ + stars: | 2023-07-24 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com time to read: +4 min

Unlike many restaurants that work with Uber, Domino's will use its own delivery drivers to get orders to customers. But CFO Sandeep Reddy said the Uber Eats deal should reverse sluggish sales by 2024. Under the deal, Domino's will be listed on the Uber Eats platform, but the pizza deliveries will be made by Domino's. Weiner, who replaced Allison in May 2022, said on Monday's conference call that the Uber Eats deal will bring in new customers. Weiner noted that the Uber Eats deal includes securing "control of our customer data."

Persons: Uber, Domino's, Russell Weiner, Weiner, Sandeep Reddy, Richard Allison, Domino's . Weiner, Allison, That's, we've Organizations: Service Locations: Wall, Silicon, aggregators

☆ Domino’s is still struggling with delivery. One solution? More cars
▼ + stars: | 2023-07-24 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

New York CNN —Domino’s is still suffering declines in its delivery business. But Domino’s (DPZ) still doesn’t want to use outside delivery drivers. Nathan Papes/Springfield News-Leader/USA Today Network/ImagnWeiner said that Domino’s is getting more applications for delivery drivers now than it did in 2019, an encouraging sign. In addition to the electric vehicles, Domino’s has more than 1,000 non-EV cars in its fleet, Weiner said on Monday. By using its own drivers, Domino’s has more control over the delivery experience.

Persons: New York CNN — Domino’s, Uber, Russell Weiner, Nathan Papes, Imagn Weiner, Domino’s, ”, Weiner, Sandeep Reddy, ” Reddy, Reddy, Christopher Carril, ” Weiner Organizations: New, New York CNN, Chevy, Springfield News, USA, RBC Capital Markets Locations: New York, “

☆ Lots of Tap Water Contains ‘Forever Chemicals.’ Take These Steps to Reduce Your Risk.
▼ + stars: | 2023-07-18 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ What if We Could Get Rid of Menopause?
▼ + stars: | 2023-07-14 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

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☆ Domino's Pizza inks a deal with Uber Eats
▼ + stars: | 2023-07-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Domino’s Pizza has long been a holdout of using third-party delivery apps in the United States. Customers can soon order Domino’s full menu on Uber Eats and Postmates, with a partnership announced Monday that is scheduled to roll out nationwide by the end of the year. And in 2021 Domino’s even gave away $50 million in free food to counter the “surprise fees” from delivery apps. “Other food delivery apps charge customers with hidden city or service fees,” the company said at the time. However, Domino’s employees will still deliver the pizza rather than Uber Eats drivers, Weiner said.

Persons: It’s, ”, Russell Weiner, Uber, Domino’s, weren’t, Weiner, Sandeep Reddy Organizations: New, New York CNN, Wall Street Locations: New York, United States

☆ You Often Feel Distracted. Do You Actually Have ADHD?
▼ + stars: | 2023-07-06 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

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☆ You May Have Adult ADHD, but Not Because TikTok Says So
▼ + stars: | 2023-07-06 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

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☆ Domino's can find you wherever you are with new Google pin drop tech
▼ + stars: | 2023-06-19 | by ( Nancy Luna | ) www.businessinsider.com time to read: +4 min

Domino's is using Google Maps tech to launch Pinpoint Delivery. Domino's has seen a slowdown in its delivery business due to inflationary pressures on customers. The pizza chain, which bills itself as a tech chain that happens to sell pizza, is leveraging Google Maps technology to deliver pizzas to locations without addresses, such as parks, beaches, and baseball fields. Domino's is leveraging Google Maps tech for Pinpoint Delivery. There's no extra cost for Pinpoint Delivery, which comes as inflationary pressures have hurt Domino's delivery business.

Persons: Domino's, —, Christopher Thomas, Moore, Carl Orsbourn, Sandeep Reddy, Reddy Organizations: Google, Service, Oppenheimer, Commerce, NPD

☆ Here’s why Shake Shack’s recent deal with Engaged Capital may have fallen short for shareholders
▼ + stars: | 2023-05-27 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

Business: Shake Shack owns, operates and licenses Shake Shack restaurants, which offer hamburgers, chicken, hot dogs, crinkle-cut fries, shakes, frozen custard, beer, wine and other products. Shake Shack entered a cooperation agreement with Engaged. Over the past 20 years, he and his team have developed one of the greatest casual hamburger chain restaurants in the country, Shake Shack. They took Shake Shack public in 2015 with 63 restaurants and have expanded to 436 restaurants in eight years. As a public company, Shake Shack has significantly underperformed both the market and its peers.

☆ India's Glenmark Pharma reports lower Q4 profit as domestic sales weaken
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, May 19 (Reuters) - India's Glenmark Pharmaceuticals Ltd (GLEN.NS) reported a 12.3% decline in fourth-quarter profit on Friday, hurt by higher input costs and lower demand in its domestic drugs business. Consolidated profit before exceptional items and tax fell to 3.09 billion rupees ($37.78 million) for the three months ended March 31, from 3.52 billion rupees a year earlier, the cetirizine maker said in a stock exchange filing. Glenmark, which caters to the therapeutic areas such as diabetes, cardiovascular and oral contraceptives, reported a 11.5% rise in quarterly net sales. Input costs for the quarter rose 11% to 8.77 billion rupees from a year earlier. Glenmark Pharma shares had climbed 9.6% in the March quarter, comfortably outperforming the Nifty Pharma index (.NIPHARM) that fell 4.6%.

The RBI's repo rate is at 6.50%. Banks met officials from the Fixed Income Money Market and Derivatives Association of India (FIMMDA) last week to raise the issue of persistently high overnight rates. FIMMDA and RBI officials did not respond to Reuters' emails seeking comment. Even as overnight rates stay elevated, treasury officials are not anticipating any infusion from the RBI as they expect liquidity conditions to improve in due course. That dividend transfer, according to traders, could top 1 trillion rupees ($12.23 billion), sharply above the budgeted 480 billion rupees.

☆ In general, price control isn't affecting us, says pharmaceutical company
▼ + stars: | 2023-05-11 | 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 EmailIn general, price control isn't affecting us, says pharmaceutical companyErez Israeli of Dr. Reddy's Laboratories says "we are a very diverse business and we're trying to grow in China, in Asia, in America, in India, etc."

☆ India builds more hospitals as population surges but doctors in short supply
▼ + stars: | 2023-05-10 | by ( Shivam Patel | ) www.reuters.com time to read: +6 min

The problem is a lack of doctors, a shortage that is reaching crucial levels as India becomes the world's most populous nation. Inaugurating the first specialised medical institute in northeast India last month, Modi said his government had sought to increase the number of doctors by setting up more medical colleges. The number of public hospitals, excluding specialised institutes, has risen some 9% in Modi’s time at the top, government data shows. The government says there was a near 80% shortage of surgeons, physicians, gynaecologists and paediatricians at community health centres in rural India as of March 2022. Specialist doctors tend to go overseas or join the private sector in metropolitan and other large cities, said Dr K. Srinath Reddy, at the Public Health Foundation of India non-profit.

☆ Der Spiegel cartoon of India reopens old wounds in world's new most populous country
▼ + stars: | 2023-05-04 | by ( Rhea Mogul | ) edition.cnn.com time to read: +9 min

The illustration, published last month in German news magazine Der Spiegel, shows a throng of jubilant Indians on an old and overcrowded locomotive – many standing on the roof – as it overtakes a sleek Chinese bullet train. But more than three quarters of a century later, critics of the Der Spiegel cartoon say it is unfair to view India through the lens of poverty. CNN has reached out to Der Spiegel for comment. Sankhadeep Banerjee/NurPhoto/Getty Images‘Suck up to China’The Der Spiegel cartoon “plays with very old fashioned clichés,” Germany’s ambassador to India, Philipp Ackermann, told Indian news agency ANI. “Der Spiegel caricaturing India in this manner has no resemblance to reality,” Gupta, the senior government adviser wrote on Twitter.

☆ Weight Loss Really Is Harder for Women in Midlife
▼ + stars: | 2023-05-02 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

Illustration: Jessie LinWhen women in midlife struggling with their weight come to see Sylvia Gonsahn-Bollie in her Silver Spring, Md., doctor’s office she tells them the truth: “It’s not all in your head.”The good news, which is kind of bad news, for midlife women trying to manage their weight is that the challenges are real.

The hedge funds said they can share ideas, but cannot reveal their trading positions for regulatory reasons. Reddy said he preferred senior unsecured bank debt, that allowed bondholders payment ahead of some other creditors in the event of an insolvency. Taking bearish positions on banks that lend to smaller and medium sized firms could prove opportunistic if the economy weakens, he added. Trend-wise the Japanese yen should continue to weaken," said Chua, noting that central banks in Asia have slowed or paused rate hikes. Insurers, which holds commercial mortgage-backed securities and property, will likely feel pressures on CRE, he said.

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