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Inside Japan Airlines’ new A350-1000 aircraft
  + stars: | 2023-10-03 | by ( Karla Cripps | ) edition.cnn.com   time to read: +7 min
Japan Airlines (JAL) has done just that, this week unveiling the interiors of its high-tech new Airbus A350-1000 aircraft, “which will become the airline’s new flagship for international service after nearly 20 years,” the carrier says in a statement. Business-class cabinsAn aerial view of the new business-class seats. Japan AirlinesThe JAL 777-300ER jets currently serving JAL’s long-haul flights have 49 business-class seats. Premium and economy cabinsThe new JAL premium economy seats have privacy partitions and electronic leg rests. Japan AirlinesA common question among travelers: is it worth paying the extra for premium economy?
Persons: , here’s, Safran, CNN Travel’s Francesca Street, what’s, There’s, Organizations: CNN, Japan Airlines, JAL, Airbus, , they’ve, Japan, Boeing Locations: Tokyo, Haneda, New York, JFK, Hamburg, Germany, Japan Airlines
The Free Application for Federal Student Aid, better known as FAFSA, typically opens on Oct. 1, but this year families will have to wait until December. The form — which uses parents' income and a litany of other information to determine a student's need for financial aid — is being updated, and hopefully, simplified. However, implementing those changes means students and families will not be able to apply for aid for the 2024-25 school year until December 2023. "[The Department of Education] is concerned that once October comes around, people will start looking for the FAFSA," McCarthy says. But the change in schedule could have some families concerned about what it means for their student's financial aid package.
Persons: , Karen McCarthy, McCarthy Organizations: Federal Student Aid, Department of Education, National Association of Student Financial, CNBC
“Having Target here helped revitalize East Harlem with hundreds of new jobs, customers and more services to our area. Courtesy Lou MartinsThe retail industry said it is grappling with a particular type of store theft that is more dangerous than petty shoplifting, called “organized retail crime” or ORC. The East River Plaza shopping center in New York City's East Harlem neighborhood. “The East Harlem store could have been doing very high volume in sales but still losing money because of theft,” Cohen said. The Target store in NYC's East Harlem is set to close in October.
Persons: Lou Martins, “ I’ve, , Martins, Maria Gonzalez Arrieta, “ We’ve, ” Lou Martins, Alex Abreu, Abreu, , ” Abreu, it’s, We’ve, Tom Wickman, ” Wickman, “ Abuelitas, ” Xavier Santiago, Santiago Xavier, Santiago, I’ve, Mark Cohen, ” Cohen, Venkatesh Shankar, ” Shankar, Fatih Aktas, Ted Wheeler, ” – CNN’s Matt Egan Organizations: New, New York CNN, Costco, 118th, Target, eBay, Facebook, , East Harlem, Blumfeld, The New York Times, New York Police, Walgreens, Business, US Chamber of Commerce, , Commerce, Community Board, East, Community, Columbia, Texas, Mays Business School, Anadolu Agency, Blumenfeld, CNN, Portland Police Bureau Locations: New York, Manhattan —, New York City, San Francisco, Seattle, Target, Plaza, Harlem, Aldi, Burlington, Pleasant Avenue, East Harlem, NYC's East Harlem, River, Portland
Filling the 90-year-old lawmaker's seat on the Senate Judiciary Committee touches one of the most critical levers of partisan power in Washington and will require cooperation from Republicans. "There is simply nobody who possessed the poise, gravitas and fierceness of Dianne Feinstein," Newsom said. JUDICIARY VACANCYFeinstein's death leaves a 10-10 deadlock on the Judiciary Committee, which is in charge of reviewing presidential nominations to federal courts, including the U.S. Supreme Court. With the Republican-controlled House blocking most attempts at bipartisan legislation, the Democratic Senate has focused this year on approving Democratic President Joe Biden's judicial nominees. Senate Republicans said on Friday they do not intend to contest a move to replace Feinstein on the committee after her death.
Persons: Dianne Feinstein, Gavin Newsom, Feinstein, Chuck Schumer, Schumer, NEWSOM Newsom, Newsom, Representative Barbara Lee, Adam Schiff, Katie Porter, Joe Biden's, Biden, That's, Donald Trump's, Republican Mitch McConnell, Barack Obama's, Antonin Scalia, Richard Cowan, Patricia Zengerle, Scott Malone, Cynthia Osterman Organizations: U.S . Senate, Capitol, California Democratic, Republicans, Democrats, Democratic Party, Democrat, Republican, Democratic, Liberal U.S, Representative, U.S, Committee, Supreme, Democratic Senate, Thomson Locations: Washington, WASHINGTON, U.S, California
Passengers push their luggage through the international arrivals hall at Beijing Capital International Airport after China lifted the coronavirus disease (COVID-19) quarantine requirement for inbound travellers in Beijing, China January 8, 2023. REUTERS/Thomas Peter/File Photo Acquire Licensing RightsSINGAPORE, Sept 29 (Reuters) - China will resume visa-free policies and consider adding more countries to its visa-exemption list to help boost the country's post-pandemic tourism business, according to a policy document released on Friday. In a statement posted on the central government's website, it said visa-free policies and visa assurances on arrival would be promoted as well as smoother immigration clearances for cruises and self-driving tourists. The government also called for enhanced tax-rebate services such the creation of more tax-rebate shops. Reporting by Chen Aizhu; editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.
Persons: Thomas Peter, Chen Aizhu, Christina Fincher Organizations: Beijing Capital International, REUTERS, Rights, Thomson Locations: China, Beijing, Rights SINGAPORE, China's
US-made M1A1 Abrams tanks have arrived in Ukraine, but the war may not give it the opportunity to do what it does best. AdvertisementAdvertisementUkrainian President Volodymyr Zelenskyy said Monday that Abrams tanks had arrived and were "preparing to reinforce our brigades." View of American M1A1 Abrams tanks as they cross the desert during the Gulf War, Iraq, 1991. U.S. Army M1A1 Abrams tank fires during NATO enhanced Forward Presence battle group military exercise Crystal Arrow 2021 in Adazi, Latvia March 26, 2021. AdvertisementAdvertisementBeyond enemy threats, Ukraine will still face a major challenge operating the Abrams on the battlefield — and that is keeping it there.
Persons: Abrams, , Volodymyr Zelenskyy, Biden, Allan Tannenbaum, there's, hasn't, Moscow's, INTS KALNINS Organizations: Wall Street, Service, Royal United Services Institute, Army, New York Times, US Army, U.S . Army M1A1, NATO Locations: Ukraine, Soviet, Iraq, Russia, Ukrainian, Adazi, Latvia
Structured certificates are financial instruments issued by a third party, that are based on underlying assets — their returns depend on the performance of the asset, which can be a single stock or an equity index. Singapore began offering listed structured certificates on Aug. 30, with its inaugural issue being one linked to Hong Kong-listed shares of Chinese tech giant Alibaba Group Holding . "So tech names, Hong Kong names, U.S. names, Japanese names. SGX's move to broaden its equity-linked product base "could drive incremental market interest," including offering depository receipts and structured certificates, Wickramasinghe told CNBC. Structured certificates are more more popular in Europe, as investors there are "broadly speaking, very yield focused," Syn told CNBC.
Persons: Roslan RAHMAN, ROSLAN RAHMAN, Roslan Rahman, Thilan Wickramasinghe, Michael Syn, CNBC's, Serene Cai, Tharman, Wickramasinghe, Syn, Adam Reynolds, Reynolds Organizations: Getty, Afp, Singapore Exchange, CNBC, Inside Venture, Saxo Markets Locations: Singapore, AFP, Asia, Hong Kong, SGX, Pacific, Europe
Meta's AI initiatives are likely to be a key aspect of how it monetizes products and services going forward, while bringing more users and customers into the AI fold. Whereas Meta's headset is priced for mass-market adoption, Apple's headset is clearly a premium device targeted to those who demand the most cutting-edge technology — such as micro-OLED lenses with eye-tracking capabilities . Similarly, JMP Securities argued that the event "highlights Meta's AI tailwinds," which could "unlock additional advertising budgets with new chat-based customer service." Meanwhile, we expect adoption of Meta's Quest 3 hardware to grow. But the integration of the Meta AI assistant into that platform should ultimately make the glasses a more valuable product over time.
Persons: Ray Ban, Jim Cramer, Bing, Ray, Meta, Jim Cramer's, Jim, Mark Zuckerberg, Josh Edelson Organizations: Meta's, Meta, EssilorLuxottica, Apple, Microsoft, JMP Securities, CNBC, AFP, Getty Locations: Menlo Park , California
When COVID forced kids into remote school, the city of Las Vegas learned many couldn't get online. A grant helped officials build a private 5G network that connected hundreds of students for free. "So we successfully hooked up several hundred students onto our private 5G network, which gave them connectivity from their homes through the city's network to their schools." This would be supplemented by commercial carriers such as Verizon and AT&T in areas where the private network wouldn't reach. Looking ahead, Ahmed sees many use cases for a private 5G network and expects them to grow in popularity as cities harness the power of artificial intelligence to create safer environments.
Persons: COVID, , Michael Sherwood, Sherwood, Clark, Shahid Ahmed, Ahmed, they've, Bill Baver, Baver Organizations: Service, Clark County School District, Economic Development Administration, Private, Verizon, AT, Las Vegas, Nippon Telegraph, Telephone Corp, Frankfurt Airport, NTT, City Hall, Smart Solutions Locations: Las Vegas, Vegas, Clark County's, Las, Germany
About 8,000 trailers carrying an estimated $1 billion worth of goods have been stranded on the Mexican side over the past week, said Manuel Sotelo, president of the transport association of Ciudad Juarez, a major manufacturing hub across from El Paso, Texas. The delays forced a Canadian snowmobile and off-road vehicle manufacturer to suspend production on Monday and Tuesday at three factories in Ciudad Juarez that employ some 9,000 people. "Due to the waiting times on the international bridges in Ciudad Juarez, we have had a significant reduction in the volume of units that we can export daily," the Quebec-based company, BRP, said in a statement. Jesus Salayandía, a representative of the Mexican industry association Canacintra, said he expected other companies in Ciudad Juarez would announce temporary work stoppages if the long wait times at the border continue. U.S. border authorities suspended cargo processing at one of El Paso's international bridges last week to shift officers to process more migrant arrivals.
Persons: Manuel Sotelo, Sotelo, Jesus Salayandía, Ferromex, Jose Luis Gonzalez, Laura Gottesdiener, Isabel Woodford, Sonali Paul Organizations: . Customs, Border Protection, Patrol, U.S ., Ciudad, Reuters, BRP, El, U.S . Customs, Protection, Union Pacific, Wednesday . Union Pacific, Thomson Locations: Zaragoza, Ysleta, U.S, Cordova, Americas, CIUDAD JUAREZ, Mexico, Ciudad Juarez, El Paso , Texas, New Mexico, Arizona, Texas, Canadian, Quebec, Mexican, United States, Eagle Pass , Texas, Monterrey, Mexico City
High health care costs are hitting women in the U.S. workforce much harder than men. Working women spend $15.4 billion more in out-of-pocket health expenses annually compared to their male counterparts, according to a new analysis of employer-sponsored health plans from Deloitte Consulting. The study found women spend 18% more than men on co-pays and deductibles, on average. The takeaway being that women get paid less, and that they pay more for health care," said Dr. Kulleni Gebreyes, U.S. chief health equity officer at Deloitte Consulting. Women tend to utilize more medical care than men, in part due to annual gynecological exams and the high costs of breast cancer imaging.
Persons: Kulleni Gebreyes Organizations: Deloitte Consulting, Deloitte Locations: U.S
SINGAPORE, Sept 26 (Reuters) - Singapore's central bank said on Tuesday it was looking into whether banks involved in a S$2.4 billion ($1.75 billion) money laundering scandal in the global wealth hub had taken all reasonable steps to mitigate risks. The Monetary Authority of Singapore (MAS) will take action if its findings reveal shortcomings in the banks' controls, a spokesperson said in an emailed statement. Singapore police last month arrested and charged 10 foreigners including from China, in one of the biggest anti-money laundering swoops. The scandal has raised questions on whether the banks are strictly following the city-state's stringent anti-money laundering rules. ($1 = 1.3677 Singapore dollars)Reporting by Yantoultra Ngui; Editing by Sumeet Chatterjee and Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
Persons: Yantoultra Ngui, Sumeet Chatterjee, Anil D'Silva Organizations: Monetary Authority of Singapore, Singapore, MAS, FIs, Thomson Locations: SINGAPORE, China, Singapore, Asia
Defendants and lawyers attend a court hearing in the case of child deaths linked to contaminated cough syrups, in Tashkent, Uzbekistan August 16, 2023. Cough syrups made in India and Indonesia have been linked to deaths of more than 300 children globally. The medicines were found to contain high levels of DEG and EG, leading to acute kidney injury and death. IMPORT ALERTSThe FDA warning letters give manufacturers an opportunity to fix quality control problems or face penalties. In addition, 13 U.S. makers of consumer products like earwax removers, nasal spray, hand soap and shampoo, including Lex, were threatened with possible seizures and injunctions by the FDA.
Persons: Stringer, Paul Hastings, Peter Lindsay, syrups, Lex, Charlene Paz, Greg Landry, Patrick Wingrove, Rishika, Joyce Lee, Michele Gershberg, Bill Berkrot Organizations: REUTERS, U.S, FDA, Drug Administration, EG, Reuters, South, South Korea's LCC, LCC, Daxal Therapeutics, Herbals, South Korea’s KM Pharmaceutical, Sangleaf Pharma, Massachusetts College of Pharmacy & Health Sciences, Thomson Locations: Tashkent, Uzbekistan, U.S, India, South Korea, Switzerland, Canada, Egypt, Washington ,, Indonesia, United States, Florida, South Korea's, South, New York, Rishika Sadam, Hyderabad, Seoul
Details of how the Taliban intend to expand and manage mass surveillance, including obtaining the U.S. plan, have not been previously reported. "At the present we are working on a Kabul security map, which is (being completed) by security experts and (is taking) lots of time," he said. The Taliban strongly denies that an upgraded surveillance system would breach the rights of Afghans. A July U.N. monitoring report said there were up to 6,000 Islamic State fighters and their family members in Afghanistan. The Afghan "home base" locations of Islamic State fighters are in the eastern mountainous areas, said Schroden.
Persons: Ali Khara, Abdul Mateen Qani, Washington, didn't, Qani, Amrullah Saleh, Saleh, Jonathan Schroden, Matt Mahmoudi, ETIM, ETIM couldn't, Afghanistan Thomas West, Mohammad Yunus Yawar, Charlotte, Jonathan Landay, David Kirton, Liz Lee, Katerina Ang Organizations: REUTERS, Rights, Islamic, Huawei, U.S, of Interior, Reuters, U.S.A, U.S State Department, RIC, Bloomberg News, Foreign Ministry, NATO, Center for Naval, Protect Journalists, Taliban, Amnesty International, East Turkestan Islamic, Security, Special, State, Ece Toksabay, Thomson Locations: China, Kabul, Afghanistan, Rights KABUL, Islamic State, , Turkey, Turkish, Pakistan, United States, East Turkestan, Xinjiang, State, Russian, Charlotte Greenfield, Islamabad, Washington, Shenzhen, Beijing, Ankara
Insider has compiled a list of four of the most effective ones Russia has used so far in the war. Insider has taken a look at four key military systems that Russia has used to do this, from Ka-52 attack helicopters to Lancet drones. Ka-52 "Alligator" attack helicoptersA serviceman checks a Russian Ka-52 "Alligator" attack helicopter. It can also be fitted with VIKHR anti-tank missiles, ATAKA missiles, B8V-20 rocket launchers, and IGLA-V anti-aircraft guided missiles, per the site. Danilov said the number of Russian mines was "insane" and stressed the importance Ukraine was placing on saving its front-line soldiers.
Persons: Bradley, Danilov, James Patton Rogers, Forbes, Patton Rogers, Oleksiy Organizations: Service, Kremlin, Airforce Technology, UK Ministry of Defence, US stingers, Forbes, Emergency Services, REUTERS Ukraine's, National Security and Defense, CNN, Presidential, University of Southern, Soviet, State Emergency Service, FAB, REUTERS, Razumkov, New York Times Locations: Russia, Wall, Silicon, Ukraine, Ka, Zaporizhzhia Oblast, Ukrainian, University of Southern Denmark, Kharkiv, REUTERS Russia
Earlier this week, however, the bank lifted its rating to buy from neutral, saying ESAB is too attractive to ignore. "In our view, ESAB is a mispriced asset and the discount to peers is likely to narrow with the upcoming [December] Investor Day as a catalyst," El-Sabbahy wrote. First Solar Analyst Julien Dumoulin-Smith is getting increasingly bullish on shares of the solar company. ESAB "ESAB is executing better than expected (leverage falling, margin expanding, growth outperforming) and we have a renewed appreciation of its portfolio. In our view, ESAB is a mispriced asset and the discount to peers is likely to narrow with the upcoming [December] Investor Day as a catalyst."
Persons: ESAB, Sherif El, Sabbahy, Julien Dumoulin, Smith, BofA, FSLR, Didier Scemama, ASML, Scemama, mgmt, RMD Organizations: of America, CNBC Locations: Swedish, GLP
The California Department of Forestry and Fire Protection says it has a new tool to battle wildfires before they explode – artificial intelligence. “I think it is a game changer … It has enhanced our abilities to validate situational awareness and then respond in a quick fashion,” Phillip SeLegue, Cal Fire’s staff chief for fire intelligence, told CNN. Cal Fire, in partnership with the University of California at San Diego’s Alert California program and its network of more than 1,000 cameras across the state, is using the technology to spot fires early. Stephanie Elam/CNNCal Fire staff chief for fire intelligence Phillip SeLegue stands on a lookout tower in San Diego County. At Boucher Hill lookout tower in San Diego County, volunteer Bill Angel of the Forest Fire Lookout Association is in his second season of keeping an eye out for wildfires.
Persons: ” Phillip SeLegue, Cal Fire’s, , Scott Slumpff, ” Slumpff, , SeLegue, Dean Veik, Cal Fire, Stephanie Elam, Phillip SeLegue, Brian Norton, ” Norton, Bill Angel, Boucher, ” SeLegue Organizations: CNN — Firefighters, California Department of Forestry, Cal, CNN, Cleveland National Forest, intel, Cal Fire, University of California, Alert, UC San Diego Alert, CNN Cal Fire, Lookout Association, Association Locations: California, San Diego County, Alert California, Boucher
All three states lean heavily Republican in federal elections, yet Democrats currently control the governorship in two out of the three. As usual, we are rating these races on the following scale: Safe Republican, Likely Republican, Lean Republican, Toss-Up, Lean Democratic, Likely Democratic and Safe Democratic. The race moving in the Republican direction is Louisiana, which we’re shifting from Likely Republican to Safe Republican. But for now, we’ll keep it at Likely Republican. That may be in tune with Kentucky voters, who, despite the state’s Republican lean, rejected a 2022 ballot measure that would have enhanced the state’s ability to outlaw abortion.
Persons: There’s, Andy Beshear, Democrat John Bel Edwards, Republican Tate Reeves, Edwards, Jeff Landry, Shawn Wilson, Edwards –, Landry, Donald Trump, Stephen Waguespack, John Schroder, Sen, Sharon Hewitt, Hunter Lundy, Lundy, he’s, polluters, Wilson, Mason, Dixon, that’s, Republican Reeves isn’t, Brandon Presley, Phil Bryant, Brett Favre, Favre, Reeves hasn’t, drumbeat, Reeves, Democrat hasn’t, Jim Hood, Presley, Elvis Presley, Beshear, Steve Beshear, Daniel Cameron, Mitch McConnell, Joe Biden, Kentuckians, Cameron, He’s, Trump Organizations: Republicans, Democrat, Republican, Lean Republican, Lean Democratic, Democratic, Safe Democratic, Safe Republican, Louisiana Safe Republican, Republican Party, Republican Governors Association, Mississippi, NFL, University of Southern, Public Service Commission, Kentucky Lean Democratic, Gov, Beshear, Kentucky, Democratic Governors Association Locations: Kentucky, Louisiana, Mississippi, In Mississippi, Landry, Lundy, Brandon, Federal, University of Southern Mississippi, Cincinnati
(Reuters) - Iran on Friday paraded its military hardware on the anniversary of its 1980s war with Iraq, including "the longest-range drone in the world" along with ballistic and hypersonic missiles, Iranian state media said. It has an operational range of 2,000 km (1,240 miles) and can fly for up to 24 hours, state media reported then, adding that its payload could reach 300 kg (661 pounds), double the capacity of the Mohajer-6 drone. U.S. officials have accused Iran of providing Mohajer-6 drones, among other unmanned aerial vehicles, to Russia for its war against Ukraine. The Iran-Iraq war erupted on Sept. 22, 1980 when the forces of then-Iraqi President Saddam Hussein invaded Iran. The conflict, which was economically devastating and left at least half a million dead, ended in stalemate in August 1988.
Persons: Shahed, Arash, Ebrahim Raisi, Saddam Hussein, Mark Heinrich Organizations: Reuters Locations: Iran, Iraq, Republic, Russia, Ukraine, Tehran, Persian, , Israel
People attend a UAW rally to support striking workers outside an assembly plant in Louisville, Kentucky, U.S., September 21, 2023. The UAW, which represents 46,000 GM workers, 57,000 Ford employees and 43,000 Stellantis workers, kicked off negotiations with the companies in July. Contract talks between the UAW and the Detroit automakers in past years had gone on until the strike deadline and beyond. In fiscal 2019, GM's fourth-quarter profit took a $3.6 billion hit from a 40-day UAW strike. The UAW is pushing automakers to eliminate the two-tier wage system under which new hires can earn far less than veterans.
Persons: Michael Swensen, Shawn Fain, they’ve, Fain, Mark Reuss, Ford, GM's, Morgan Stanley, Adam Jonas, Biden, Tesla, Nathan Gomes, Paul Simao, Sriraj Kalluvila, Diane Craft, Anil D'Silva Organizations: UAW, REUTERS, United Auto Workers, General Motors Co, Ford Motor, General Motors, Chrysler, WHO, Ford, Detroit, Reuters, Ford Bronco, Chevrolet, Wall, GM, FROM, Detroit Free Press, EV, Deutsche Bank, Thomson Locations: Louisville , Kentucky, U.S, Michigan , Ohio, Missouri, Chevrolet Colorado, Bengaluru, Washington
SEOUL, South Korea (AP) — Suga, a member of K-pop supergroup BTS, began fulfilling his mandatory military duty Friday as a social service agent, an alternative form of military service in the country. Suga, 30, became the group’s third member to start carrying out their military duties. BTS’s management agency, Big Hit Music, said that Suga later began commuting to a workplace designated under the country’s alternative military service system. Political Cartoons View All 1173 ImagesLocal media reported Suga’s alternative service was likely related to a shoulder surgery that he underwent in 2020. Those performing alternative service are subject to three weeks of basic military training and can choose when to take it, according to the Military Manpower Administration.
Persons: — Suga, Jin, “ I’ll, ” Suga, Suga, , Organizations: Big, Military Manpower Administration Locations: SEOUL, South Korea, North Korea
Sept 22 (Reuters) - Iran on Friday paraded its military hardware on the anniversary of its 1980s war with Iraq, including "the longest-range drone in the world" along with ballistic and hypersonic missiles, Iranian state media said. The United States has accused Iran of providing Mohajer-6 drones, among other unmanned aerial vehicles (UAVs), to Russia for its war against Ukraine. [1/8]Iranian President Ebrahim Raisi delivers a speech during the annual military parade in Tehran, Iran, September 22, 2023. The United States issued fresh Iran-related sanctions on Tuesday, targeting multiple people and entities in Iran, Russia, China and Turkey over Tehran's drone and military aircraft development. The Iran-Iraq war erupted on Sept. 22, 1980 when the forces of then-Iraqi President Saddam Hussein invaded Iran.
Persons: Shahed, Arash, Tehran's, Ebrahim Raisi, Majid Asgaripour, Saddam Hussein, Mark Heinrich Our Organizations: United, Ukraine, West Asia News Agency, REUTERS Acquire, Thomson Locations: Iran, Iraq, Republic, United States, Russia, Washington, Tehran, Ukraine, , Persian, Israel, China, Turkey
UAW President Fain gives details of talks with automakers
  + stars: | 2023-09-22 | by ( ) www.reuters.com   time to read: +2 min
** UAW won reinstatement of the cost of living allowance that was suspended in 2009. UAW "won a serious victory at CCA (Customer Care and Aftersales) and GMCH (GM Components Holdings) and we have killed those wage tiers. ** GM rejected proposals to convert temporary workers to permanent. At Stellantis:** Stellantis is offering a "deficient" cost-of-living allowance that is projected to provide zero increases to employees over the next four years. ** Stellantis rejected proposals to convert temporary workers.
Persons: Shawn Fain, Ford, Fain, Mehr Bedi, Maju Samuel Organizations: United Auto Workers, Detroit, General Motors, Chrysler, Ford Motor, UAW, Ford, GM, Sterling, Holdings, Thomson Locations: Bengaluru
Five9 is well-positioned to grow its market share in the software space as companies prioritize customer satisfaction, according to Deutsche Bank. The firm upgraded Five9, which provides cloud software services to customer contact centers, to buy from hold. Niknam thinks there is a significant runway for incremental growth in the cloud contact center as a service market, which he said has a size of about 16 million total agent seats globally. Only about 20% of these seats have transitioned to the cloud — which suggests additional room for growth. Shares also trade at an attractive valuation — and off peak-levels — despite "enhanced visibility toward re-accelerating growth," the analyst added.
Persons: Five9, Matt Niknam, Niknam, Michael Bloom Organizations: Deutsche Bank
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Persons: Marriott, you'll, you've, Regis, Marriott Bonvoy, you'd, You'll, Read Organizations: Marriott, Marriott Bonvoy, American Express, Ritz, Carlton, TSA, Global, TSA PreCheck, Cell, New Hampshire Insurance Company, AIG Company Locations: Marriott Bonvoy, U.S, Marriott, St
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