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Speakers from Walmart (WMT.N), Colgate-Palmolive (CL.N), Toyota (7203.T) and other companies will discuss their supply-chain strategies at the Reuters Events supply chain conference in Chicago on Wednesday and Thursday, as inflation and interest rate hikes threaten to tip the economy into recession. "We've still got certain sectors that are up and some that are down, which was a feature of the pandemic," Croke said. That's even true within sectors, Croke added, pointing to recent manufacturing data, which remained depressed even as segments like motor vehicles reported gains. After spending whatever it took to keep store shelves stocked during the early days of the pandemic, supply chain executives now are wringing out costs to shelter profits from eroding demand, said Alan Amling, distinguished fellow at the University of Tennessee's Global Supply Chain Institute. "That's a really good thing for the supply chain."

☆ Joe Biden’s dreadful poll
▼ + stars: | 2023-05-10 | by ( Opinion Geoff Duncan | ) edition.cnn.com time to read: +7 min

CNN —There’s no other way to slice it: Donald Trump is the clear GOP White House frontrunner for 2024. His reelection is not out of the question, given President Joe Biden’s dreadful showing in recent opinion polls. Geoff Duncan — APThe political world was rocked by the recent Washington Post/ABC News poll pegging Biden’s approval rating at a jaw-dropping 36%, a new low point for his presidency. Even polls that haven’t been quite as dire for Biden, like CNN’s Poll of Polls, showed his average approval at 40%, with 55% disapproving. The 2022 election results proved that the GOP cannot simply rely on Biden’s vulnerabilities while ignoring Trump’s.

☆ I want to know if I should quit my new job or wait until it gets better
▼ + stars: | 2023-05-08 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +6 min

Even in your misery, experts say it's important to look for signals that the job might get better. I'm not sure if it's the job, or if it's me, or what, but I need some advice. Late last year, I got laid off late from a job I really liked and was good at. I'm glad my job is remote because I've cried so many times since I started. Years ago, when I was a few months into a new job, a friend asked me how I liked it.

☆ Opinion: Banning TikTok isn’t just a bad idea. It’s a dangerous one
▼ + stars: | 2023-04-16 | by ( Evan Greer | ) edition.cnn.com time to read: +8 min

CNN —The US government is racing ahead with proposals aimed at banning TikTok, the viral video platform used by more than 150 million Americans. Banning TikTok won’t make us safer from China’s surveillance operations. But banning TikTok isn’t just foolish and dangerous, it’s also unconstitutional. You do that by passing a strong national data privacy law that bans companies from collecting more data about us than they need to provide us with the service we’ve requested. Join us on Twitter and FacebookIt’s a national embarrassment that we have no basic data privacy law in the United States.

☆ As summer heat looms, Japan urged to curb impact, emissions
▼ + stars: | 2023-04-12 | by ( ) www.cnbc.com time to read: +5 min

Stanislav Kogiku | SOPA Images | Lightrocket | Getty ImagesTemperatures are rising in Japan and summer is coming fast. "The risks from climate change are right before us," said Yasuaki Hijioka, deputy director of the Center for Climate Change Adaptation at the National Institute for Environmental Studies in Tsukuba, northeast of Tokyo. But climate change means communities are often caught off guard because the systems were engineered for the weather conditions of the past. The warming weather can also hold more moisture, adding flooding and landslides to the summer forecast, something that Japan has also seen with growing frequency. "We need to view climate change as a natural disaster."

☆ The Move That Lets College Stars From Abroad Cash In Like Their Teammates
▼ + stars: | 2023-03-28 | by ( Louise Radnofsky | Alicia A. Caldwell | ) www.wsj.com time to read: 1 min

March Madness has made instant stars of college players from Great Britain, Mali and Russia. And after months of hand wringing, immigration lawyers, agents and foreign student advisors have figured out how to help them cash in on this one shining moment. The most popular way: making sure those athletes literally don’t have to lift a finger as part of their endorsement deals.

☆ Three children, 3 adults shot dead by ex-student at Tennessee Christian school
▼ + stars: | 2023-03-27 | by ( Kevin Wurm | ) www.reuters.com time to read: +6 min

NASHVILLE, Tennessee, March 27 (Reuters) - A heavily armed 28-year-old fatally shot three children and three adult staffers on Monday at a private Christian school the suspect once attended in Tennessee's capital city before police killed the assailant, authorities said. Drake said the school was singled out for attack but the individual victims were targeted at random. [1/6] Students from The Covenant School hold hands after getting off a bus to meet their parents at the reunification site following a mass shooting at the school in Nashville, Tennessee, U.S., March 27, 2023. Reacting in Washington to the latest school shooting, U.S. President Joe Biden urged the U.S. Congress again to pass tougher gun reform legislation. Nashville Mayor John Cooper expressed sympathy for the victims and wrote on social media that his city "joined the dreaded, long list of communities to experience a school shooting."

☆ How to spot a liar in seconds using nonverbal cues
▼ + stars: | 2023-03-24 | by ( Don Weber | ) www.businessinsider.com time to read: +6 min

Learning to read nonverbal communication can help you catch a liar and give you an edge in business. What is nonverbal communication? Most likely, you're subconsciously aware of changes in the person's nonverbal communication. Conversely, when your nonverbal communication isn't congruent with your words, people tend to disregard spoken words and focus on body language. There are a few nonverbal signs that when in a cluster, could mean that the truth is not being upheld.

☆ The battle over Airbnb has hit a breaking point
▼ + stars: | 2023-03-22 | by ( James Rodriguez | Dan Latu | ) www.businessinsider.com time to read: +16 min

"We started panicking and started connecting with other folks who we know have short-term rentals," Sullivan told Insider. Rather than a collapse of the industry, the increasingly bifurcated state of the market — a bust for some, a boom for others — is a clear sign that we have hit a turning point in the long-running battle over short-term rentals. Given the sharp rise of short-term rentals there, some local lawmakers have recently called for amending the law. Investors jumped in to capitalize on the boom, and the market soon became saturated with short-term rentals. There's one thing pretty much everyone can agree on: Short-term rentals are here to stay.

☆ The 'Airbnbust' proves the Wild West days of online vacation rentals are over
▼ + stars: | 2023-03-22 | by ( James Rodriguez | Dan Latu | ) www.businessinsider.com time to read: +16 min

"We started panicking and started connecting with other folks who we know have short-term rentals," Sullivan told Insider. Given the sharp rise of short-term rentals there, some local lawmakers have recently called for amending the law. But short-term rentals are often essential to a healthy tourism economy, particularly in vacation destinations. Investors jumped in to capitalize on the boom, and the market soon became saturated with short-term rentals. There's one thing pretty much everyone can agree on: Short-term rentals are here to stay.

Fedex has been wringing costs from its bloated operations by shuttering offices, cutting jobs, reducing flights, grounding airplanes and canceling profit-sapping Sunday deliveries in far-flung areas. "Our cost actions are taking hold, driving an improved outlook for the current fiscal year," Chief Executive Raj Subramaniam said in a statement. Adjusted income for the fiscal third quarter ended Feb. 28 came in at $865 million, or $3.41 per share. Earnings per share were down $1.18 from the year earlier, but 68 cents higher than analysts' average estimate. FedEx shares jumped 11.3% to $227.12 in after hours trade.

March 16 (Reuters) - FedEx Corp (FDX.N) on Thursday raised its fiscal 2023 profit forecast and reported progress on its plan to shave $3.7 billion in costs from its global delivery business, and its shares jumped 12%. Fedex has been wringing costs from its bloated operations by shuttering offices, cutting jobs, grounding airplanes and canceling profit-sapping Sunday deliveries in far-flung areas. On Thursday, FedEx forecast fiscal 2023 adjusted profit of $13.80 to $14.40 per share, up from its previous projection of $12.50 to $13.50. Adjusted income for the fiscal third quarter ended Feb. 28 came in at $865 million, or $3.41 per share. At the close of the regular trading session on Thursday, FedEx shares were up about 18% year-to-date, versus the 8% gain in shares of more profitable rival United Parcel Service (UPS.N).

☆ A TikTok ban or forced sale could lead to major collateral damage for US tech companies like Apple and Chinese apps like Shein
▼ + stars: | 2023-03-15 | by ( Dan Whateley | ) www.businessinsider.com time to read: +9 min

"A big Chinese balloon in the sky and millions of Chinese TikTok balloons on our phones. But US tech companies that rely on data collection for advertising sales or other business practices have fought to curb such regulations. Still, efforts by members of Congress to pass federal legislation around data privacy, such as the American Data Privacy and Protection Act, have faced an uphill battle. Apple's 2021 user privacy changes stunted ad revenue at Facebook and Snapchat-maker Snap, for example. But blocking companies from gathering private information from users could also be a more effective path to protecting Americans while maintaining an avenue for Chinese companies to participate in the global economy.

☆ Mark Zuckerberg takes on Elon Musk
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, March 13 (Reuters Breakingviews) - Mark Zuckerberg is eyeing Elon Musk’s turf. Meta Platforms (META.O) is exploring a stand-alone social network for sharing text updates, according to a statement from the social media network to Breakingviews on Monday. The move makes sense since Facebook and Instagram have done a better job wringing money from their users than Twitter has. Since Musk bought Twitter in October 2022, the network has been plagued by technical difficulties and fleeing advertisers. Zuckerberg has a business model that knows how to monetize users, whereas Twitter is still figuring that out.

☆ The war against TikTok won't solve the 'national embarrassment' of how poorly the US protects your data
▼ + stars: | 2023-03-08 | by ( Dan Whateley | ) www.businessinsider.com time to read: +8 min

"A big Chinese balloon in the sky and millions of Chinese TikTok balloons on our phones. TikTok has hurt its own cause when it comes to its reputation around data privacy. For example, the company misrepresented how US user data was managed and then its parent company monitored the locations of reporters who exposed its practices. Still, efforts by members of Congress to pass federal legislation around data privacy, such as the American Data Privacy and Protection Act, have faced an uphill battle. Apple's 2021 user privacy changes stunted ad revenue at Facebook and Snapchat-maker Snap, for example.

☆ Why Stock-Market Tourists Flock to New York
▼ + stars: | 2023-03-03 | by ( Stephen Wilmot | ) www.wsj.com time to read: 1 min

Competition between European financial hubs may just hand more power to the U.S.SoftBank’s choice of New York for a listing of British microchip designer Arm has led to predictable hand-wringing about national decline in the U.K. capital. But this isn’t just about London. On Wednesday, when Bloomberg reported SoftBank’s latest plan, industrial-gas giant Linde also delisted its shares from the Frankfurt stock exchange. With a market value of $175 billion, the company was the most valuable company in Germany’s Dax index.

☆ A Wharton business school professor said Bing will get 'much higher grades' than ChatGPT
▼ + stars: | 2023-02-15 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

UPenn professor Ethan Mollick expects Bing's AI chatbot to "receive much higher grades" than ChatGPT. Mollick compared the chatbots' essays and found that Bing generates "much higher quality" responses. More testing confirmed to Mollick that Bing may be more powerful than ChatGPT, claim that Microsoft has made in the past. When he pushed Bing to include his readings throughout the syllabus, it fabricated books that he didn't write. Despite a widespread school ban of ChatGPT, Mollick isn't the only educator who sees AI chatbots as a learning opportunity.

☆ Can China Reverse Its Population Decline? Just Ask Sweden.
▼ + stars: | 2023-02-09 | by ( Andrew Jacobs | Francesca Paris | ) www.nytimes.com time to read: 1 min

China’s population has begun to decline, a demographic turning point for the country that has global implications. Experts had long anticipated this moment, but it arrived in 2022 several years earlier than expected, prompting hand-wringing among economists over the long-term impacts given the country’s immense economic heft and its role as the world’s manufacturer. With 850,000 fewer births than deaths last year, at least according to the country’s official report, China joined an expanding set of nations with shrinking populations caused by years of falling fertility and often little or even negative net migration, a group that includes Italy, Greece and Russia, along with swaths of Eastern and Southern Europe and several Asian nations like South Korea and Japan.

Locations: China, Italy, Greece, Russia, Southern Europe, South Korea, Japan

☆ Sundance Movies: Brett Kavanaugh and Steph Curry Docs, "Cat Person"
▼ + stars: | 2023-02-06 | by ( Alison Brower | ) www.businessinsider.com time to read: +7 min

The Sundance Film Festival was back in person for the first time since 2020. In five days I saw eight films, and while I'm not a critic, I can affirm that not one of them was a clunker. Asked about the film's aspect ratio in an audience Q&A, Jalali said, "It was prettier that way." The bulk of the films I saw were more commercial, and four of them centered on relationships. And then there was "Cat Person," based on a 2017 New Yorker story about dating by Kristen Roupenian.

☆ The Sundance Film Festival stirs buzz, draws A-list stars, and screens movies that get you talking, but it can't hide the crisis facing independent filmmakers.
▼ + stars: | 2023-01-29 | by ( Alison Brower | ) www.businessinsider.com time to read: +6 min

The Sundance Film Festival was back in person for the first time since 2020. A-list stars like Anne Hathaway and Jason Momoa were present to promote their buzzy films. It was impossible not to feel optimistic about the state of independent film at the opening weekend of the Sundance Film Festival. In five days I saw eight films, and while I'm not a critic, I can affirm that not one of them was a clunker. At an event like Sundance, even amid some hand-wringing over the future, the excitement is contagious.

☆ We asked ChatGPT to write a layoff memo and it turns out this is 'a difficult time'
▼ + stars: | 2023-01-29 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +7 min

Insider asked ChatGPT, the AI chatbot, to draft a layoff memo for a pretend tech company, Gomezon. After a little prodding, the chatbot wrote a layoff memo just as formulaic as the others. Surely it could compose a layoff memo of reasonable quality, right? ChatGPT can write a layoff memo InsiderThat wasn't the answer I'd expected, but in some ways it made me feel somewhat better about the technology. Maybe I should have accepted the technology's initial reluctance to write the layoff memo.

☆ Social media created a generation of 'weakened kids' threatening American culture and capitalism, NYU business school professor says in WSJ op-ed
▼ + stars: | 2023-01-02 | by ( Madeline Stone | Gloria Dawson | ) www.businessinsider.com time to read: +3 min

A recent WSJ op-ed argued that Gen Z is a generation of "weakened kids." Haidt said that social media and a culture of victimhood are to blame for Gen Z's state. Haidt pointed to high rates of anxiety and depression among young people and said that a "performative" social media culture was to blame. Gen Z, typically defined as those born between 1997 and 2012, live in "defend mode," Haidt said. The concern about giving feedback to Gen Z workers is occurring just as social media promotes an organizational culture of fear and could have larger knock-on effects, Haidt said.

☆ I'm shrugging off a lot of data investors are wringing their hands with today, says Cresset Capital's Ablin
▼ + stars: | 2022-12-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'm shrugging off a lot of data investors are wringing their hands with today, says Cresset Capital's AblinJack Ablin, Cresset Capital founding partner and CIO, joins 'Power Lunch' to discuss his current view on equities, hi outlook for corporate earnings in 2023 and more.

Vindman first joined Twitter while working in the Trump administration because it was often the way his then-boss, the president, made policy. His wife, liberal activist and podcaster Rachel Vindman, has almost 400,000 followers, making them a progressive Twitter power couple. In a clubby city obsessed with status and information, Twitter delivers both, all from the comfort of one’s mobile phone. No one wants to leave Twitter until everyone else does, but there’s no obvious place to go next. Some think Musk will kill Twitter regardless of whether there’s a mass exodus of its users.

☆ Newt Gingrich urged the GOP to embrace mail-in voting in the wake of Georgia Senate runoff loss
▼ + stars: | 2022-12-07 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Newt Gingrich called for a rethink of election strategy by the GOP after the Georgia runoff defeat. He called for the party to rethink its hostility to mail-in ballots. The results have prompted hand-wringing in the Republican Party, as they fell well short of the sweeping gains some had been expecting before the election. In an appearance on Fox News host Sean Hannity's show Tuesday, Newt Gingrich, who served as House Speaker between 1995 and 1999, and was a longtime US Representative for Georgia, addressed the reasons for the defeats. During Gingrich's stint as House speaker he introduced hyper-partisan, aggressive tactics that have shaped the Republican Party ever since.

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