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BOSTON, March 6 (Reuters) - A United Airlines (UAL.O) passenger has been arrested after trying to open an emergency exit door during a flight on Sunday from Los Angeles to Boston and then trying to stab a flight attendant in the neck, U.S. prosecutors said on Monday. Passengers tackled Francisco Severo Torres, 33, after the attempted stabbing and the flight crew helped restrain him prior the plane landing at Boston Logan International Airport, prosecutors said. Prosecutors said that about 45 minutes before the flight landed in Boston, the flight crew received an alarm in the cockpit that a door between the first class and coach sections had been disarmed. Torres soon after tried to stab of the flight attendants with a broken metal spoon, hitting him on the neck area three times before Torres was tackled, prosecutors said. Torres was charged with one count of interference and attempted interference with flight crew members and attendants using a dangerous weapon.

☆ Ukraine appoints new top anti-corruption investigator
▼ + stars: | 2023-03-06 | by ( Dan Peleschuk | ) www.reuters.com time to read: +3 min

"Our team is committed to the principle of zero-tolerance to corruption and supporting anti-corruption institutions," Prime Minister Denys Shmyhal said during an extraordinary cabinet session to confirm Kryvonos. Ukraine became a candidate to join the EU last June, four months after Russia's full-scale invasion. President Volodymyr Zelenskiy has publicly supported the effort, which officials and anti-corruption experts have said will be crucial to securing much-needed foreign aid. Ukraine ranked 116 out of 180 countries on Transparency International's latest Corruption Perceptions Index. NABU launches investigations into suspected corruption and, together with the Specialised Anti-Corruption Prosecutor's Office, sends cases to the High Anti-Corruption Court of Ukraine for prosecution.

"(But) it feels like I should keep some dollars on hand, as the yuan will depreciate further." Others anticipating a bumpy ride ahead for the Chinese currency include China Southern Airlines (600029.SS). Such moves are perhaps not surprising given yuan volatility since Beijing suddenly unwound its zero-COVID strategy. "Overall, yuan exchange rate will remain basically stable at reasonable levels," he added at a March 3. news briefing. ($1 = 6.9009 Chinese yuan)Writing by Tom Westbrook; Editing by Vidya Ranganathan and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

☆ Asia stocks rally, bonds tense for U.S. rate tests
▼ + stars: | 2023-03-06 | by ( Wayne Cole | ) www.reuters.com time to read: +5 min

Japan's Nikkei (.N225) climbed 1.0% to a three-month top, while South Korean stocks (.KS11) added 0.6% helped by a softer reading on inflation. S&P 500 futures dipped 0.1% and Nasdaq futures 0.2%, after rallying on Friday as bond yields eased back a little. Futures imply a 72% chance the Fed will go by 25 basis points at its meeting on March 22. The BOJ jolted markets in December when it unexpectedly widened the allowed trading band for 10-year bond yields to between -50 and +50 basis points. Friday's pullback in bond yields helped gold recover some ground and it was trading at $1,855 an ounce .

☆ 2 Volcom execs attempt to surf, skate, snowboard, and work all in one day. Here's how they pulled it off.
▼ + stars: | 2023-03-06 | by ( Sponsor Post | Created Insider Studios With Dell Technologies | ) www.businessinsider.com time to read: +8 min

The challenge: Attempt a surf, skate, and snowboard "trifecta" in the middle of a busy work dayOver the past few years, remote work has become a routine part of our lives. This is the case for the sales teams at Volcom, a global lifestyle apparel brand based in Costa Mesa, California. Two Volcom sales executives, Brent Lantz and David Jurusik (or BL and Nook, respectively), embrace this — whether it's taking a call on a ski slope or discussing inventory with retailers on the road. Dell Technologies and Intel teamed up with Volcom to see if they could improve and optimize their on-the-go sales efforts and work connectivity. The challenge: Attempt a southern California "trifecta" — surfing, skateboarding, and snowboarding within a 12-hour period — all while completing a full day of work.

WASHINGTON, March 6 (Reuters) - The World Bank is pausing future work with Tunisia after statements by the country's president on migrants from African countries triggered racist harassment and violence, World Bank President David Malpass told staff in a note seen by Reuters. He said the World Bank viewed the situation as deeply concerning, but viewed steps announced by the Tunisian government to protect and support migrants and refugees as a positive step and would be monitoring their impact. He said the bank was working to ensure the safety of all its staff in Tunisia, and especially Africans, including through additional security measures. The safety measures could affect delivery of World Bank programs, but "staff safety will override program-related concerns," Malpass said. The World Bank has been a major donor to Tunisia, helping it finance food imports and business development as the government seeks an International Monetary Fund bailout for it state finances.

☆ Quick, simple things you can do this year to improve your financial future
▼ + stars: | 2023-03-06 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

New York CNN —You know very well you could do a million things to improve your financial situation. The problem, though, is that changing a million things means you’ll basically have to change way too much about how you live. Incremental, implementable and imperfect,” said Brent Weiss, co-founder and head of financial wellness at Facet, a financial planning firm. Break down where your money is going specifically and create a “needs” column and a “wants” column, said Rose Niang, the financial planning director at Edelman Financial Engines. Pay down high-interest debtCredit card interest rates are at record highs this year.

☆ An Amazon seller with over $200 million in sales shares 9 tips for picking a sell-out product
▼ + stars: | 2023-03-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

For some, selling products as a side hustle and making an extra $2,000 a month is perfect. If you're selling as a side hustle, a simple Amazon search is enough to collect data, he noted. It indicates a product's sales velocity or how well its selling: the lower the rank, the better it sells. Most seasoned sellers have a general sense of how a product's sales rank converts to sales over time. As a private label seller, Needham avoids selling products that have been monopolized by big, household brands.

☆ A crew member on a cruise ship was fired after a passenger alleged he'd filmed her in a bathroom, report says
▼ + stars: | 2023-03-04 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

An MSC Cruises crew member was fired for filming a passenger from a toilet stall on a ship. The passenger shared a TikTok video of her confronting the man, who admitted he was in the wrong. The employee was fired after the clip was shared on Monday, an MSC representative told news.com.au. A representative for MSC Cruises told news.com.au that the employee had since been fired. MSC Cruises didn't immediately respond to a request for comment from Insider, made outside normal working hours.

☆ Here's how much Americans have in their retirement accounts — and what it means for you
▼ + stars: | 2023-03-03 | by ( Elizabeth Gravier | Jason Stauffer | ) www.cnbc.com time to read: +8 min

Fidelity Investment's latest analysis of its retirement accounts reveals Americans have, on average, six-figure balances in their IRA and 401(k) retirement accounts. As of the fourth quarter of 2022, the average balances in an IRA, 401(k) and 403(b) were (respectively) $104,000, $103,900 and $92,683. Betterment Learn More Minimum deposit and balance Minimum deposit and balance requirements may vary depending on the investment vehicle selected. For example, Betterment doesn't require clients to maintain a minimum investment account balance, but there is a ACH deposit minimum of $10. Wealthfront Learn More Minimum deposit and balance Minimum deposit and balance requirements may vary depending on the investment vehicle selected.

☆ Explainer: Biotech corn and soy widely used, consumers still wary of GM wheat
▼ + stars: | 2023-03-03 | by ( Julie Ingwersen | ) www.reuters.com time to read: +4 min

But genetically modified wheat has never been grown for commercial purposes due to consumer fears that allergens or toxicities could emerge in a staple used worldwide for bread, pasta and pastries. Australia grows and exports GM cotton and canola, and the country in May approved Bioceres’ biotech wheat for use in foods. Mexico, among the largest buyers of U.S. corn, has said it will halt GM corn imports for human consumption, but walked back a deadline to ban the corn for animal feed. Recent disruptions to global wheat supplies have brought a new degree of urgency to the debate over biotech wheat. Wheat Associates and the National Association of Wheat Growers, support “the eventual commercialization” of biotech wheat, according to their websites, provided that plans are implemented to minimize market disruptions.

☆ China’s Xi Jinping Shrugs Off Criticism in Push for Even More Control
▼ + stars: | 2023-03-03 | by ( Chun Han Wong | Keith Zhai | ) www.wsj.com time to read: 1 min

Late last year, Chinese leader Xi Jinping confronted a wave of protests in cities across the country decrying his zero-tolerance Covid-19 controls—a rare rebuke of his centralization of power that included, in some cases, calls for him to step down. Three months later, he is pressing to further concentrate Communist Party control.

☆ ExxonMobil is accused of failing to protect workers after 5 nooses were found at its Louisiana chemical plant
▼ + stars: | 2023-03-03 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

ExxonMobil didn't protect workers from racial discrimination, a federal agency says in a new suit. Five nooses were found at a Louisiana Exxon plant, the EEOC says in the lawsuit. While the contractors were banned, the suit claims that ExxonMobil did not take other measures like counseling or policy changes. A supervisor removed the noose, but didn't notify human resources, and no investigation took place, the suit claims. McGhee reported the noose to his supervisor, and another investigation was unable to identify who installed the noose, the suit said.

☆ The unraveling of fintech darling Vise
▼ + stars: | 2023-03-03 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +28 min

It was April, and more than two dozen salespeople who worked for the fintech startup Vise had been ordered to a multiday off-site at the W Hoboken hotel in New Jersey to share exhaustive reports on their performance. Even salespeople at bigger, established, top-tier investment-management firms typically wouldn't close $250 million in a year, multiple sales employees said. (K-means clustering is an unsupervised machine-learning algorithm often referred to as a form of AI, Vise's founders said). (Vise's founders disputed this, saying the company received updated financial data only once a day for its portfolio-construction engine.) And to address its "leaky funnel" of overestimating prospective sales, Vise was to stop outreach to new clients while it onboards and upsells to existing clients, the document said.

☆ People are over the 40-hour workweek: 'We don't want to waste our time'
▼ + stars: | 2023-03-03 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

As a result, more people are breaking out of the 40-hour workweek. "People have a much lower tolerance for this, and are less afraid to say, 'We don't want to waste our time.'" "Like, if you're making me come to the office or attend an on-site meeting, it better be good." Time is moneyRising inflation and the overall increased cost of living have made the monetary value of people's time even more salient. In fact, 73% of U.S. workers plan to freelance this year, according to Fiverr, which polled 2,000 workers in December 2022.

☆ ExxonMobil sued after a Black employee allegedly discovered a noose at work. It was the fifth at the same facility
▼ + stars: | 2023-03-02 | by ( David Goldman | ) edition.cnn.com time to read: +2 min

The EEOC alleges that in January 2020, a Black employee at Exxon (XOM)Mobil’s Baton Rouge chemical plant found a noose at his worksite and reported it to the company. The company failed to investigate each event and didn’t do enough to prevent further incidents, the EEOC alleges. Todd Spitler, a spokesperson for ExxonMobil, said in a statement that the company disagrees with the EEOC’s findings. “ExxonMobil promptly performed a thorough investigation of this claim, and there was no evidence to support allegations of discrimination,” he said. “The symbols of hate are unacceptable, offensive, and in violation of our corporate policies.”In 2021, multiple nooses were discovered at the construction site of an Amazon fulfillment center in Windsor, Connecticut.

☆ Goldman says these are the favorite stocks of both mutual funds and hedge funds
▼ + stars: | 2023-03-01 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Mutual funds and hedge funds tend to have different risk tolerance and exposure, but Goldman Sachs found a list of stocks loved by both cohorts. It then compiled the "Hedge Fund VIP basket," consisting of 50 stocks that most frequently appear among the largest 10 holdings of hedge funds, and the "Mutual Fund Overweight basket," consisting of 50 stocks in which mutual funds are the most overweight. Goldman found that there are 10 "shared favorites" among hedge funds and mutual funds last quarter. "We expect 2023 to be a more fertile environment for hedge funds and mutual funds given an increasingly micro-driven market." Meanwhile, a duo of insurers — UnitedHealth, Humana — were also loved by both mutual funds and hedge funds.

☆ Even at its weirdest, most unhinged moments, Bing's chatbot is making Microsoft relevant again
▼ + stars: | 2023-03-01 | by ( Alex Kantrowitz | Big Technology | ) www.businessinsider.com time to read: +6 min

Screenshots of a maniacal, unhinged Bing chatbot have flooded the internet this week, showing the bot condescending, gaslighting, and trying to steal husbands. Even in its weirdest moments, Bing's chatbot has brought new relevance to Microsoft and its search division. "The fact that people are even writing about Microsoft Bing at all is a win," one Microsoft employee told me this week. Now, interest in Bing is soaringThe Bing app set its daily download record over the weekend, according to Apptopia. (Upon joining the waitlist for Bing's chatbot, Microsoft encourages downloading the app to get earlier access.)

☆ Twitter rolls out updated, ‘zero tolerance’ policy on violent speech
▼ + stars: | 2023-03-01 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

“Healthy conversations can’t thrive when violent speech is used to deliver a message,” the new policy reads. As before, Twitter reserves the right to immediately and permanently suspend any account violating the policy, and to impose temporary restrictions for less severe violations. Twitter’s previous policy on violent threats, last issued in March 2019, explicitly described the types of statements that might trigger enforcement. The new policy continues to forbid users from threatening to inflict physical harm on others, including “threatening to kill, torture, sexually assault or otherwise hurt someone,” and names other prohibited activities. But it does not provide specific definitions of what constitutes a threat that may be used to evaluate individual tweets.

Pros Check mark icon A check mark. Pros Check mark icon A check mark. No minimum opening deposit Check mark icon A check mark. Eligible for new accounts after your child turns 13 Check mark icon A check mark. But if you'd like to open a savings account for your child, it only lets you open one of the bank's regular savings accounts as a joint bank account.

☆ Here are 6 tips to navigate this year's stock market, according to the CIO of a wealth management firm for high-net-worth individuals
▼ + stars: | 2023-03-01 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

He also suggests having some exposure to small-cap stocks .. Non-US equities, especially in emerging markets, could outperform in a multi-year cycle. As for the fixed-income market, Bharath says it will continue to yield positive returns, even though they may not be massive. Second, an investor's portfolio should return to an equal balance between value and growth stocks this year. However, the same thesis for growth stocks can be applied to small-cap stocks. This is why investors that dollar cost average every month, such as through a 401(k), are able to get close to market returns, he added.

☆ DeSantis strips Disney World of its self-governing power in Florida: 'There's a new sheriff in town'
▼ + stars: | 2023-02-27 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +7 min

DeSantis has officially stripped Disney World of its self-governing status. DeSantis appointed political allies to the board, which have to be approved by the Florida Senate. Ron DeSantis abolished Walt Disney World's special authority on Monday, nearly 11 months after the company spoke out publicly against his controversial education agenda. Under the new law, board members cannot be employees, owners, or operators at Disney World. DeSantis said several times during the press conference that Disney World now had to follow the same rules as other Florida theme parks.

☆ Biden administration to crack down on child labor
▼ + stars: | 2023-02-27 | by ( Laura Strickler | ) www.cnbc.com time to read: +3 min

More than 3,800 children were found to be working at U.S. companies last year in violation of federal law, the Labor Department said Monday in announcing a crackdown on child labor. Some 835 companies were founded to be illegally employing minors last year, the Labor Department said, and more than 600 child labor investigations remain ongoing. In stepping up its efforts to target companies that use child labor, the Labor Department will use new strategies to launch investigations where child labor violations are most likely to occur. The agency called on Congress to increase the maximum penalty for child labor violations, which is currently $15,000. "That's not high enough to be a deterrent for major profitable companies," the Labor Department said in a press release.

☆ Ecuador Indigenous organization ends talks with gov't, calls for Lasso resignation
▼ + stars: | 2023-02-25 | by ( Alexandra Valencia | ) www.reuters.com time to read: +2 min

[1/3] Leonidas Iza, leader of Ecuador's indigenous organization CONAIE, and leaders of the indigenous nationalities of the Sierra, the coast and the Amazon celebrate, on the day of a meeting held by Ecuador's top indigenous organization CONAIE along with other campaign groups to discuss a date for new protests against the government of President Guillermo Lasso, in Quito, Ecuador February 24, 2023. REUTERS/Karen ToroQUITO, Feb 24 (Reuters) - A major Ecuadorean Indigenous organization said on Friday it will not continue talks with the government of President Guillermo Lasso, saying the government has not complied with accords, and called for Lasso's resignation over alleged corruption. The government has said it reached dozens of accords with the CONAIE indigenous organization, including a temporary moratorium on oil blocks in the Amazon and suspension of new mining concessions in ancestral territory until community consultation laws can be passed. "CONAIE breaks this process of dialogue and retires from monitoring efforts," its president Leonidas Iza told journalists after meeting with other Indigenous groups. "Mr. Guillermo Lasso for the dignity of our country, for your inability to govern and resolve the most important problems of Ecuadoreans, present your resignation," Iza said.

One of the plants where children worked, SMART Alabama LLC in rural Luverne, Alabama, is a direct Hyundai subsidiary. STATE AND FEDERAL INVESTIGATIONSFollowing Reuters' first story on child labor at SMART last July, as many as 10 Hyundai suppliers in Alabama have been under investigation by state or federal authorities for child labor violations, Reuters reported in December. In the shareholder letter, Chang reiterated that Hyundai was "discouraging" suppliers from relying on such staffing agencies in the future. He wrote that staffing firms who hired children to work at Hyundai supplier plants had provided false employee documentation. Earlier this month, thirty-three members of Congress urged DOL to seek strong and swift penalties against those responsible for child labor in the Hyundai supply chain.

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