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☆ Dollar a spectator to China news, yen ponders rate risks
▼ + stars: | 2024-03-05 | by ( ) www.cnbc.com time to read: +3 min

There was more action in bitcoin , which gained 1.2% to $68,341 after surging more than 7% on Monday. The Japanese yen held steady after data showed Tokyo core inflation sped up to 2.5% in February, from 1.8% the previous month. "Accordingly, we're sticking to our forecast that the Bank of Japan will hike interest rates into positive territory next month." The dollar was a fraction lower at 150.44 yen , having again shied away from resistance around 150.85, which has capped the currency for more than three months now. The European Central Bank, or ECB, holds a meeting on Thursday and markets are convinced it will keep rates at 4.0%.

Persons: Marcel Thieliant, Jerome Powell, Sterling, Jeremy Hunt Organizations: People's Congress, Bank of Japan's, Capital Economics, Bank of, Federal Reserve, European Central Bank, ECB, Westpac, . Finance Locations: China, Tokyo, Japan, bitcoin, United States, Beijing, Asia, Bank of Japan

☆ Opinion | The New Rape Denialism
▼ + stars: | 2024-03-05 | by ( Bret Stephens | ) www.nytimes.com time to read: +1 min

On Oct. 7, Hamas invaded Israel and filmed itself committing scores of human-rights atrocities. Some of the footage was later captured by the Israeli military and screened to hundreds of journalists, including me. The “pure, predatory sadism,” as Atlantic writer Graeme Wood described it, is bottomless. I’ll get to that in a moment, but first it’s worth looking at the forms this denialism takes. A third is to treat anything an Israeli says as inherently suspect.

Persons: Graeme Wood Organizations: United Locations: Israel, Atlantic, West, United Nations

☆ This one-time cybersecurity darling is hitting a rough patch. How to profit from its slide
▼ + stars: | 2024-03-05 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

The Trade Setup: PANW 305-300 Bear Put Spread The trade structure I am using here is called a "bear put spread" also known as a "put debit spread". To construct my bear put spread, I need to buy a $305 put and sell a $300 put as a single unit. Most trading platforms will offer a bear put spread (or long put spread) as a trade type and automatically construct the trade for you. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: I've, PANW, Nishant Pant Organizations: Nasdaq, Palo Alto Networks, Elliott, Mar Locations: Palo

Microsoft is accusing The New York Times of "unsubstantiated" claims in the publisher's lawsuit filed in December against OpenAI, a case that could have major implications for the future of generative artificial intelligence. In a motion to dismiss part of the suit on Monday, Microsoft said the Times presented a false narrative of "doomsday futurology" in which OpenAI's ChatGPT chatbot will decimate the news business. "In this case, The New York Times uses its might and its megaphone to challenge the latest profound technological advance: the Large Language Model," attorneys for Microsoft wrote. In its lawsuit, the Times accused OpenAI and Microsoft of copyright infringement and abusing the newspaper's intellectual property in training LLMs. A New York Times spokesperson didn't immediately respond to a request for comment.

Persons: Microsoft Corporation Satya Nadella, OpenAI, didn't Organizations: Microsoft Corporation, Economic, Microsoft, New York Times, OpenAI, Times, The New York Times Locations: Davos, Switzerland, OpenAI

☆ UN team finds ‘convincing’ information that hostages in Gaza were raped
▼ + stars: | 2024-03-04 | by ( Richard Roth | ) edition.cnn.com time to read: +2 min

United Nations CNN —A United Nations team has found “clear and convincing” information that hostages in Gaza were sexually abused, Pramila Patten, the UN special envoy on sexual violence in conflict told reporters on Monday. There are “reasonable grounds” to believe the sexual violence is ongoing, she added. The UN team, which was led by Patten, visited Israel between January 29 to February 14 for a mission “aimed at gathering, analyzing, and verifying information on conflict-related sexual violence” during October 7 and its aftermath, according to a 24-page report. The mission was not able to meet with any victims of sexual violence on October 7 “despite our efforts,” Patten said. But we received information that a handful of them were receiving very specialized trauma treatment and were not prepared to come forward,” she said.

Persons: Pramila Patten, Patten, “, ” Patten, ” Organizations: United Nations CNN, United Nations, UN, Hamas Locations: Gaza, Israel, Al, Aqsa

☆ A bullish long-term turnaround is developing in this country ETF, according to the charts
▼ + stars: | 2024-03-04 | by ( Katie Stockton | ) www.cnbc.com time to read: +6 min

A bullish long-term turnaround has developed in the iShares MSCI Australia ETF (EWA) , which broke out from a long-term triangle pattern late last year in a positive technical catalyst. —Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein.

Persons: EWA, Katie Stockton Organizations: BHP Group Ltd, BHP, Fairlead, CNBC Pro, Securities Locations: Australia, EWA

☆ Investors should tread carefully in March after bitcoin's explosive rally to $60,000
▼ + stars: | 2024-03-03 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

With bitcoin on a hot streak this past week, investors should brace themselves for a cooling in March. "But cash inflows into spot bitcoin ETFs are accelerating, and that seems to have been overpowering those technical signals." Although Bitcoin traded above $62,000 to end the week, it's realized price was down at the $42,000 level, according to CryptoQuant. CryptoQuant also showed the cost of opening new long positions in the futures market spiked in the recent rally, which historically signals a coming correction in the bitcoin price. Ether, however, has ended the month higher in six of the last eight March's since its inception, with an average gain on the month of 25%.

Persons: Yuya Hasegawa, Hasegawa, Julio Moreno, Bitcoin, it's, bitcoin, CryptoQuant, David Duong, Duong, Michael Bloom Organizations: JPMorgan, CNBC, Federal, New York Community Bancorp Locations: New York

☆ The deep Biblical spirituality of Bob Marley’s music is being overlooked
▼ + stars: | 2024-03-03 | by ( John Blake | ) edition.cnn.com time to read: +15 min

They hiked, jet-skied and spent much of the time listening to Scott’s favorite musician, reggae superstar Bob Marley. He found refuge, though, in Marley’s music. “But Bob Marley’s music is what got us through. These Marley fans and scholars say it’s time to stop glossing over or editing out Marley’s “subversive spirituality.”“The Bible was as important to Marley’s music as his guitar,” MacNeil says. Actor Kingsley Ben-Adir, who plays Marley in "Bob Marley: One Love," attends the movie's premiere on January 23, 2024, in Kingston, Jamaica.

Persons: CNN — Dean MacNeil couldn’t, “, MacNeil, Scott, Bob Marley, ”, Marley, ” MacNeil, Bob Marley’s, Rita Marley, Kingsley Ben, Adir, Marcus Ingram, Matthew, Jesus, Luke, Vivien Goldman, Bob Dylan, Johnny Cash, Jimi Hendrix, Goldman, King James Bible, Judah, Haile Selassie I, Selassie, “ Jah, it’s, “ He’s, ” Rastafarians, Collin Reid, Adam Hochschild, ” Hochschild, Deepak Sarma, ” Marley, Marcus Garvey, Marley’s, didn’t, White, ” Marley didn’t, Jamaicia, Angela Weiss, Gibson Les Paul, John Lennon, John Blake Organizations: CNN, Time, BBC, Getty, Case Western Reserve University, National, Forbes Locations: Connecticut, Vermont, Jamaica, Kingston , Jamaica, America, Jerusalem, British, Ethiopia, “ Bury, United Kingdom, Jamacia, Ohio, ganja, Jamaican, Africa, Miami, Trench, Hollywood, Kingston

Lives Ended in Gaza Since the war started, more than 30,000 people have been killed during Israel’s bombardment and invasion. Hamas ruled Gaza and ran a covert military organization, the identity of its fighters unclear, even to other Gazans. She worked with people who had been wounded and displaced by Israeli attacks on Gaza as well as with first responders. She moved to Egypt after the 2014 Gaza war but returned a few months before the current war. He performed complicated operations on Gaza’s war wounded while running Abu Yousef Al-Najjar Hospital in Rafah until his retirement.

Persons: Israel, Marah, Farah, Farah Alkhatib, Kinder, Selena al, Lubna Elian, Yousef Abu Moussa, Abdulhadi, Maram, Youmna Shaqalih, Abdulrahman Abuamara, Ghadeer Mohammed Mansour, Salah, Khaled Jadallah, Doaa Jadallah, Mahmoud Alnaouq, Jannat Iyad Abu Zbeada, Rami Abu Reyaleh, Alhelou, “, ”, —, Faida AlKrunz, Saud AlKrunz, tinker, Ahmed Abu Shaeera, Al Aqsa, Youssef Salama, Hedaya Hamad, Salah Abo Harbed, Jeries Sayegh, Inas, “ Sara ”, ” Sayel, Ai Wei Wei’s, Heba Zagout, Ali, Amneh, Belal Abu Samaan, Israel ”, Abu Yousef Al, Abdallah Shehada, Tarazi, Heba Jourany, Osama Al, Haddad, Riyad Alkhatib, ” Mahmoud Elian Organizations: UNICEF, Oxygen, Al, Awda, F.C, Barcelona, Facebook, Islamic, Palestinian Authority, Palestine Red Crescent Society, Free Gaza Circus, Christian, Officially, American International School, Palestine Athletics Federation, Najjar, United Nations, West Bank Locations: Gaza, Israel, Spain, Norway, Italian, Australia, Egypt, Turkey, Bolivia, Argentina, Panama, Mexico, Qatar, Al Aqsa, Jerusalem, “ Palestine, Palestine, Saudi Arabia, Palestinian, Old City, Mazaj, Gaza City, Manhattan, Chicago, Mecca, Rafah, Libya, Uganda, Ireland

☆ I'm a precision medicine doctor who helps patients boost their longevity. These are the 6 supplements I take every day.
▼ + stars: | 2024-03-02 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Read previewA precision medicine doctor shared the six supplements she takes daily in the hope they will help her live longer. Tech exec and biohacker Bryan Johnson , for instance, takes over 100 pills a day to supplement his diet, including spermidine and lithium, while longevity doctor Peter Attia takes vitamin D and magnesium. AdvertisementHere’s what you need to know about six of the supplements she takes each day. So, some researchers think that maintaining DHEA levels could have an antiaging effect. However, evidence links low DHEA levels with these issues but doesn’t prove that it causes them.

Persons: —, biohacker Bryan Johnson, Peter Attia, Florence Comite, American Heart Association doesn’t, they’ve, DHEA Organizations: Service, Business, Tech, Comite Center, Precision Medicine & Health, Cleveland Clinic, American Heart Association Locations: Florence, York, Mount Sinai, Comite

☆ I'm a mom of 3 kids and I don't allow screens at home. I might be making my children weird, but I have no regrets.
▼ + stars: | 2024-03-02 | by ( Emma Armstrong | ) www.businessinsider.com time to read: +4 min

I'm a tech-literate digital immigrant, but I don't let my three children have screens. It is possible to raise kids screen-free and still operate happily in our world. Despite these obstacles, I chose to keep my kids screen-free: they don't have iPads, smartphones, or computers and don't watch TV. Raising your kids screen-free is not as radical as you would think. I can't even remember why I started doing itPeople in our lives have been surprised about keeping our kids screen-free — possibly because they have to confront their own kids' use of screens.

Persons: —, I'm Organizations: Service, CDC

☆ A new book unearths a buried history of photography in West Africa
▼ + stars: | 2024-03-01 | by ( Thomas Page | ) edition.cnn.com time to read: +9 min

CNN —The dominant perception of early photography from West Africa is that it was taken through a colonizing lens. These are questions asked by a new book that seeks to re-examine the history of photography in the region. Her book demonstrates that gap was short, and history has been obscured in a way that has disenfranchised many Africans. Unlike some other West African nations, Senegal has no recorded history of portraiture before photography, Paoletti said. HUM Images/Universal Images Group Editorial/Getty ImagesTo Paoletti, it’s evidence photography in West Africa didn’t evolve in isolation.

Persons: Giulia Paoletti, ”, Mama Casset, “, ’, Frenchman Jules Itier, Louis, Paoletti, –, “ It’s, Adolphe Burdo, Burdo, visite, Burdo’s, Augustus Washington, Macky Kane, – Paula, ’ ”, Alfred Stieglitz, Fatou Thioune, Paula, ” Paoletti, Oumar Ka, Ka, I’d, Oumar Organizations: CNN, Department of Art, University of Virginia, CRDS, Dakar ”, Sun, The, Institut, du Sénégal, University of Dakar, Princeton University Press Locations: West Africa, Senegal, ‘, St, French West Africa, Belgian, Dakar, “, Africa, Berlin, Louis, Touba, Senegalese

☆ Analysis: Navalny will be back, but only after Putin’s rule is over
▼ + stars: | 2024-03-01 | by ( Nathan Hodge | ) edition.cnn.com time to read: +3 min

But the fact that Navalny’s funeral went ahead, after two cruel weeks of bureaucratic delay and official obfuscation, is perhaps a sign of the Kremlin’s confidence. The funeral of Navalny was the funeral of the Russian opposition movement – for now. Navalny returned to Russia following his recovery from nerve-agent poisoning in 2021 precisely because he wanted to remain an active player in politics. Behind bars, Navalny had remained a potent symbol of resistance, sending messages that poked fun at the prison administration. “Music from the final scene was played at his funeral.”To quote the Terminator, Navalny will be back.

Persons: Alexey, –, Vladimir Putin, Navalny, Yulia Navalnaya –, Putin, Kira Yarmysh, Arnold Schwarzenegger, “ Alexey, ”, “, Maria Pevchikh Organizations: London CNN, of, Russian, Independent Locations: Moscow’s Maryino, Russian, Russia, Ukraine, Navalny’s

☆ Opinion: Why it was time for Oprah to move on from Weight Watchers
▼ + stars: | 2024-03-01 | by ( Opinion Kellie Carter Jackson | ) edition.cnn.com time to read: +6 min

For decades, America has followed Oprah through every major weight loss trend, and this was no exception. She later deeply regretted such a stunt, calling it a “Big, big, big, big, big, big, big mistake!”In 1994, Oprah ran her first marathon to celebrate her 40th birthday. It raised questions about Oprah taking medical weight loss drugs such as Ozempic or Wegovy. She later deeply regretted such a stunt, calling it a “Big, big, big, big, big, big, big mistake!” Charles Bennet/APWith Oprah stepping down, many people will lose their measure or point of reference for what is ahead or behind the curve as it relates to their weight and health. One might also ask what it means for the nation’s preeminent Black history museum to be economically tethered to a weight loss company.

Persons: Kellie Carter Jackson, Michael, Denise Kellen ’, “, Read, Oprah Winfrey, Oprah, ”, Stedman Graham, Mark Wilson, Oprah’s, Winfrey, Charles Bennet, it’s Organizations: of Africana Studies, Wellesley College, CNN, WW, Marine Corp, Harpo Studios, US Marine Corps, 19th Marine Corps, AP, Hollywood, canaries, National Museum of Locations: America

☆ The eyes have it: The intriguing history of kohl
▼ + stars: | 2024-02-29 | by ( Zahra Hankir | ) edition.cnn.com time to read: +10 min

A Palestinian woman Hadeya Qudaih applying traditional kohl eyeliner to her granddaughter in Khan Younis in the southern Gaza Strip in March 2020. Hadeya Qudaih makes and sells traditional kohl eyeliner for medical and cosmetic purposes (photograph taken in February 2020). A Bedouin man wearing traditional kohl, photographed in the ancient Jordanian city of Petra. Kohl is so commonly worn in the area that girls are sometimes named or nicknamed Kahla by their parents or friends, roughly meaning “the girl who appears to have kohl around her eyes.” Kohl is also a feature of many millennia-old myths, rituals, and legends. “Even if she doesn’t (make kohl) anymore, I will for sure continue to do this myself,” Abu Issa said.

Persons: CNN — Kohl, kohl, Hadeya, kohl eyeliner, Khan Younis, Majdi, Tamam Farhan Abu Issa, Deir al Balah, “, Abu Issa, ”, ” Abu Issa, Issa, Qudaih, Hassan Jedi, Prophet Muhammad —, Alessandro Bigazzi, Jack Sparrow, eyeliner, Kohl, ” Kohl, Zarqa, TikTok, “ Blinkaria Kohl, tightlining, Eyeliner, Fatima Shbair, “ Kohl, I’ve Organizations: CNN, Crusaders, UNESCO, United, kohl, Quds Net News, ZUMA Press, UAE General Authority of Islamic Affairs, Endowments Locations: East, North Africa, Egypt, Europe, Lebanon, Gaza, Gaza’s, Deir, United Nations, Israel, Saudi Arabia, Jordan, Palestinian, Petra, Raed, Kohl, Eastern, “

☆ Move over Big Tech, a new market leader could be emerging, according to the charts
▼ + stars: | 2024-02-29 | by ( David Keller | ) www.cnbc.com time to read: +3 min

Biotechnology stocks have recently shown renewed strength, and improving momentum may just push these names toward the top of the leaderboard. Second, this level also represented a 38.2% retracement level based on the 2021 high and 2022 low, which is a widely followed support level based on the Fibonacci methodology. This week, IBB has bounced off that support level, making a new 52-week high as it briefly pushed above the 50% retracement level around $140. The weekly chart reinforces that biotechnology stocks may still be in the early stages of this advance, with lots of daylight between current levels and the 2021 highs. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: IBB, David Keller Organizations: Biotechnology, Nasdaq Biotechnology, CMT

☆ Inside The New York Times' big plans for its Cooking app
▼ + stars: | 2024-02-29 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

She joined the Times in 2007 as a web producer and later helped launch the Cooking app in 2014. Rachel Vanni via The New York TimesWhile many media companies have struggled recently, The New York Times has been a big digital success story. The Cooking app, along with Games, The Athletic, and Wirecutter, have bolstered the company's subscription business by providing different entry points. The "All Access" bundle strategy also lets the Times leverage upticks in demand for different types of content depending on the time of year (such as the winter holidays, which are peak cooking times) or news cycles. Cooking has learned that newer users perceive Times recipes as taking longer than they say.

Persons: foodies, Emily Weinstein, weren't, Rachel Vanni, Camilla Velasquez, Cooking's, Weinstein, Eric Kim, Melissa Clark, Clark, Matthew Tom, Wolverton, Adam Nagourney, Meredith Levien, Los Angeles Times haven't, they're, It's, Wirecutter, Condé, Bon Appétit, Carla Lalli, Molly Baz, Alison Roman, David Lebovitz's Organizations: The New York Times, Times, Business, New York Times, Games, The Athletic, Food, NYT, YouTube, longtime, Journalism, Athletic, Washington Post, Los Angeles Times Locations: America, TikTok

☆ ‘A show and propaganda:’ Iran braces for low-turnout election amid silenced dissent, tumbling economy
▼ + stars: | 2024-02-28 | by ( Rosa Rahimi | Nadeen Ebrahim | ) edition.cnn.com time to read: +10 min

“No, I will not vote,” a 23-year-old Iranian woman told CNN from Tehran. Authorities are nonetheless eager to bring people to the polls, trying to inspire a sense of duty and resistance among Iranians amid Israel’s war in Gaza. Pedestrians pass by a poster featuring Ayatollah Khomeini, the first Supreme Leader of the Islamic Republic (right) and Ayatollah Khamenei, the current Supreme Leader (left) on February 24 in Tehran, Iran. Hossein Beris/Middle East Images/AFP/Getty ImagesOther officials have directly cited the Gaza war to rally voters ahead of the polling day. An election poster for a female parliamentary candidate apparently plays on the 'Woman-Life-Freedom' protest slogan, replacing it with 'Woman-Wisdom-Greatness' in Isfahan, Iran on February 24.

Persons: Ayatollah Ali Khamenei, Mahsa, “, ”, Khamenei, ” Khamenei, Khomeini, Ayatollah Khamenei, Hossein Beris, Hamidreza, Alex Vatanka, Foad, ” Izadi, ISNA, Hassan Moslemi Naeini, Morteza, ” Iran’s, hardliner Ebrahim Raisi, Holly Dagres, Jamshid Jamshidi, –, Hassan Rouhani, ” Hengaw, Pedram Soltani Organizations: CNN, Experts, Authorities, Islamic, Getty, Middle East Institute, University of Tehran’s, World Studies, Center for Education, Culture, Research, Atlantic Council, University of Oxford, UN, CNN International, Iran’s Guardian, Hengaw Organization for Human Rights, Army Locations: Iran, Tehran, “, Gaza, Islamic Republic, Tehran Times, Washington , DC, Israel, Isfahan, Norway, Sanandaj, Jordan

☆ This ETF has 30% upside as the IPO market heats up, according to the charts
▼ + stars: | 2024-02-28 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +3 min

There are various ETFs that hold recent IPOs, including the Renaissance Capital Greenwich Funds' Renaissance IPO ETF (IPO) . The 200-day moving average is the most popular long-term moving average and one of the best long-term trend indicators. The IPO ETF bounced from the line last fall and has been trading above it through the first two months of 2024. Seeing IPO stay above the upward sloping 200-day moving average is the best-case scenario. Two IPO Holdings Investors should be aware the IPO ETF isn't very liquid, meaning that its average daily volume isn't robust.

Persons: RYAN, Frank Cappelleri Organizations: Renaissance Capital Greenwich Funds, RSI, Ryan Specialty Holdings

☆ McConnell to Step Down as Leader at the End of the Year
▼ + stars: | 2024-02-28 | by ( Carl Hulse | More About Carl Hulse | ) www.nytimes.com time to read: +1 min

Senator Mitch McConnell, the longtime top Senate Republican, said on Wednesday that he would give up his spot as the party’s leader at the end of this year, acknowledging that his Reaganite national security views had put him out of step with a party now headed by former President Donald J. Trump. “Believe me, I know the politics within my party at this particular time,” Mr. McConnell, who turned 82 last week, said in a speech on the Senate floor announcing his intentions. Misunderstanding politics is not one of them.”His decision, reported earlier by The Associated Press, was not a surprise. Mr. McConnell suffered a serious fall last year and experienced some episodes where he momentarily froze in front of the media. Mr. McConnell had said that he would serve out his full Senate term ending in 2027, but had been more opaque about whether he would try to remain leader after the November elections.

Persons: Mitch McConnell, Donald J, ” Mr, McConnell, “ Organizations: Republican, Trump, Associated Press Locations: Ukraine

President Biden and his allies had reasons for both hope and concern after a Michigan primary election that revealed the party’s painful divisions over the Israeli-Palestinian conflict and confronted him with his largest measure of Democratic opposition to date. He avoided his anxious supporters’ darkest predictions by winning the Tuesday primary, 81 percent to 13 percent, over an “uncommitted” movement that sprang up to protest his backing of Israel. Yet more than 100,000 voters registered their disapproval of him, signaling serious discontent among Arab Americans, young voters and progressives as he tries to stitch back together his winning 2020 coalition. Democratic unease with Mr. Biden’s handling of the Mideast war will not go away as the presidential primary calendar moves on to more than a dozen Super Tuesday states next week, but his allies are optimistic that Michigan will serve as the high-water mark for resistance to the president within his party. Though many states have the option for Democrats to cast protest votes against Mr. Biden, they are not nearly as likely as Michigan was to become a national litmus test for his popularity or his handling of the war in Gaza.

Persons: Biden Organizations: Democratic, Mr Locations: Michigan, Israel, Gaza

☆ Deutsche Bank's 3-day-a-week return-to-office policy has been met with fierce criticism by staff who say there isn't enough space for everyone
▼ + stars: | 2024-02-28 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Deutsche Bank staff have criticized the company's new return-to-office policies. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "There's enormous resistance among staff," Stephan Szukalski, the head of the labor union DBV, which represents Deutsche Bank staff, told Bloomberg via email. Szukalski, who is also part of the bank's supervisory board, said there isn't enough office space and that staff are already complaining about bottlenecks. The spokesperson told BI: "The bank remains committed to our hybrid working model, which has been received extremely positively by staff.

Persons: —, Christian, Rebecca Short, Stephan Szukalski, Szukalski, EY, Dan Schawbel, Nicholas Bloom Organizations: Deutsche Bank, Staff, Service, Bloomberg, Business, DBV, Google, General Motors, SAP, Stanford Locations: Germany

☆ Why South Korea's Japan-style measures to boost its stock market may not work
▼ + stars: | 2024-02-28 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +3 min

An inflatable bull during a ceremony marking the first day of trading of the year at the Korea Exchange (KRX) headquarters in Seoul, South Korea, Tuesday, Jan. 2, 2024. SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesSouth Korea's Japan-style measures for improving corporate governance may not be enough to boost its undervalued stock markets and tackle the so-called "Korea discount." Asia's fourth-largest economy is striving to boost stock market valuations that are considered much lower compared to peers, with analysts referring to the phenomenon as the "Korea discount." The 'chaebol' problemSouth Korean markets are made up of corporations called "chaebols," which are large family-owned global conglomerates, typically controlled by the founder's family. "The behavior that leads to South Korea's low stock prices is motivated, and therefore seeking to coax South Korean controlling families into 'being nice' to minority stockholders is unlikely to be successful," Pines said.

Persons: SeongJoon Cho, James Lim, Jonathan Pines, Federated Hermes, Daniel Tan Organizations: Korea Exchange, Bloomberg, Getty Images Bloomberg, Getty, Financial, FSC, Samsung Electronics, LG, SK, Hyundai, Dalton Investments, Japan, Korean Stock Exchange, Federated, Grasshopper Asset Management, CNBC Locations: Seoul, South Korea, Japan, Korea, Tokyo, Asia, Singapore

☆ Gen Z is getting married. Together with Millennials, they’re putting their own spin on weddings
▼ + stars: | 2024-02-27 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +8 min

As the oldest GenZers reach marrying age in their mid-20s, they’re increasingly putting their own spin on nuptials, which includes letting go of some antiquated traditions. The Knot, a top wedding planning and wedding vendor marketplace, surveyed more than 9,000 couples in the US who either took the plunge last year, or are planning to in 2024, to understand evolving approaches that couples are taking to wedding planning. In terms of the total cost of the wedding, couples said they spent an average of $35,000 on their ceremony and reception in 2023, up from an average of $30,000 the prior year, according to The Knot. “Millennials and Gen Z are getting very creative in making these celebrations their own in new and interesting ways,” Chi said. Candles instead of flowers on the tables added elegance and also helped control costs, Dylan said.

Persons: New York CNN —, they’re, Gen, ”, Tim Chi, Ed Sheeran’s, Elvis Presley’s, “, ” Osama Zayed, Ingrid, Helen H, Richardson, Elvis ’, ” Chi, RSVPs, “ Millennials, Caitlin, Dylan Spain, ” Caitlin, “ Dylan, ” Dylan, Dylan, Haley Richter, Caitlin didn’t, Edwin Torres, DeSantiago, Ricardo DeSantiago, Torres, Edwin, ” Edwin Torres, Maria Argueta, ” Edward, Edward, Harry Potter, ” chimed Ricardo Organizations: New, New York CNN, CNN, City, MediaNews, Denver Post, Central America, Mill City Museum, Historic Locations: New York, Denver , Colorado, Sea Isle City , New Jersey, Sea Isle City, Cape, Central, Minnesota, Mill, Minneapolis

☆ FTC Chair Lina Khan takes victory lap on blocking Nvidia-Arm merger
▼ + stars: | 2024-02-27 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Federal Trade Commission Chair Lina Khan speaks during the New York Times annual DealBook Summit in New York City on Nov. 29, 2023. Federal Trade Commission Chair Lina Khan cited the surging stock prices of Nvidia and Arm as an example of how blocking mergers can lead to increased innovation. The evidence, Khan said, is in the company stock prices. Nvidia's value has nearly tripled mostly on the strength of sales of its AI chips for servers such as the A100 and H100. Arm stock has more than doubled since the company went public in August 2023, although SoftBank still owns 90% of the company's shares.

Persons: Lina Khan, Khan, SoftBank Organizations: Federal Trade, New York Times, Nvidia, Bloomberg, FTC, Apple, Google, Qualcomm, Investors, CNBC PRO Locations: New York City, U.S, Europe, Asia

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