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Research prepared for a Boston Federal Reserve labor market conference found that whether driving for Uber to make ends meet or taking piecework jobs in retirement, casual contract workers sometimes don't consider themselves "employed" or even a part of the labor force. The research involved reexamining the detailed responses to a New York Fed survey of "informal work" from 2015 through 2022. Other research looked at how job training and policies towards employing those with a criminal record might help. Their research found many gig workers want additional hours of formal employment, suggesting more untapped labor supply. "And the higher levels of activity and participation can benefit those brought into the labor market, contributing to a vibrant economy that works for all."
Persons: Mike Segar, Uber, Anat Bracha, Mary A, Burke, Bracha, rehashed, Jerome Powell, Susan Collins, Collins, Howard Schneider, Dan Burns, Paul Simao Organizations: REUTERS, Rights BOSTON, Federal, Boston Federal Reserve, Hebrew University Business School, Boston Fed, Fed, New, Labor, Boston, Thomson Locations: New York City , New York, U.S, Jerusalem
U.S. two-year Treasury yields skidded below 4.80% on Friday for the first time since September 1, with 10-year yields dropping under 4.40% to September lows too. Crude has now lost almost 25% in just six weeks - aided by the U.S. gradually lifting oil sanctions on Venezuela. The Labor Department said import prices fell a whopping 0.8% in October, the most in seven months amid a broad decline in the costs of goods - deepening the annual deflation of import prices to as much as 2.0%. Even though the dollar (.DXY), , is taking a hit from the plunge in U.S. Treasury yields, the drop in sovereign borrowing rates was mirrored across the world in Europe , even Japan . Mirroring the softening demand picture elsewhere, British retail sales volumes fell unexpectedly in October as stretched consumers stayed at home.
Persons: Lucas Jackson, Mike Dolan, plumb, Morgan, Susan Collins, Mary Daly, Austan Goolsbee, Michael Barr, Dave Ramsden, Nick Macfie Organizations: New York Stock Exchange, REUTERS, Walmart, Cisco, Alibaba, Philadelphia Federal Reserve, Labor Department, Treasury, Hong, Housing, Atlanta, Boston Federal, San Francisco Fed, Chicago Fed, Bank of England, United States, APEC, Graphics, Thomson, Reuters Locations: New York, U.S, Wall, Alibaba ., Venezuela, Europe, Japan, HK, Hong Kong, China, San Francisco
Congress now appears likely to avoid a government shutdown this week. The White House even weighed in over the weekend before House Democrats started to warm up to Johnson's plan. Republican Sen. Ted Cruz of Texas didn't stop Obamacare. And Republican Sen. Rand Paul's colleagues tore into him after he forced a brief shutdown in 2018. As I was writing this story about how Johnson's plan is the dumbest thing Congress has done, Sen. Bernie Sanders had to stop one of his colleagues from throwing down with a union boss.
Persons: , America's, Mike Johnson, Democratic Sen, Patty Murray, Sen, Susan Collins of, Collins, Chris Murphy, It's, Joe Biden, Kevin McCarthy's, Mick Mulvaney, Obama, Republican Sen, Ted Cruz, Obamacare, Donald Trump didn't, Rand Paul's, Bernie Sanders, Kevin McCarthy Organizations: Service, Government, Pentagon, State, Justice, Human Services, House Democrats, Democratic, Senate, Republican, Connecticut Democrat, White House, GOP, Politico, Trump Locations: Washington, Susan Collins of Maine, Punchbowl, Connecticut, Ted Cruz of Texas
Barbara Corcoran, a real estate mogul and Shark Tank investor, almost didn't hire her business partner. Corcoran said Esther Kaplan was too introverted in an interview and she had "no intention of calling her." It was only when Corcoran took a peek inside Kaplan's purse that she decided to hire her on the spot. AdvertisementAdvertisementShark Tank investor Barbara Corcoran opened up about how she almost passed over her best employee and future business partner because she felt they were too quiet for a sales position at her company. Corcoran went on to explain that it was when Kaplan opened a small purse to put away the business card that she decided to hire her.
Persons: Barbara Corcoran, Corcoran, Esther Kaplan, , Esther my, Kaplan, Introverts, Susan Cain, Cain Organizations: Shark, Service, Corcoran, The Corcoran Group
CNN —A British couple died from carbon monoxide poisoning while on holiday at a luxury resort in Egypt after the room next door was sprayed with pesticide to kill bed bugs, a coroner has found. In some countries, Lambda is diluted with the substance dichloromethane, which causes the body to metabolize or ingest carbon monoxide. The fumigated room, which was sealed with masking tape around the door, was connected to theirs with an adjoining door, according to PA. The married couple returned to their room for the night but were found seriously ill the next day by their daughter. John Cooper, 69, was declared dead in the room, while his wife Susan, 63, died hours later in hospital.
Persons: CNN —, John, Susan Cooper, Lambda, John Cooper, Susan, Kelly Ormerod, Pat Hurst, James Adelely, Organizations: CNN, UK’s PA Media, Lambda Locations: Egypt, Red, Hurghada, Lancashire
And for that, Suzette Baker was fired as a library director in a rural county in central Texas. She and two other librarians who were similarly fired have filed workplace discrimination claims with the U.S. Reached through the Colorado Civil Rights Division, the settlement requires her former employer to give librarians more say in decisions involving library programs. After her firing in 2022, Baker filed an EEOC claim against her employer, the Llano County Library System in Kingsland, Texas. Like Baker, Lesley had trouble finding work after being fired from the library system she directed in Gillette, Wyoming.
Persons: , Suzette Baker, , Baker, Brooky Parks, Iris Halper, , Terri Lesley, Halpern, Rathod Mohamedbhai, David Lopez, ” Baker, ” EEOC, Victor Chen, Lesley, Susan Campbell Bartoletti, Robie Harris, Robert Pitman, Lesley's, ” Lesley Organizations: U.S, Commission, American Library Association, Erie Community Library, Colorado Civil Rights Division, High Plains Library District, University of Denver, Public, System, Rutgers University, , American Terrorist, Sexual, , ” Texas U.S, District, Supreme Locations: Texas, Kingsland , Texas, Erie, Denver, Llano County, Campbell, Gillette , Wyoming, Tennessee, Kingsland, ” Texas, U.S, Llano
LEWISTON, Maine (AP) — Two senators from Maine asked the U.S. Army inspector general on Monday to provide a full accounting of interactions with a reservist before he killed 18 people and injured 13 others in the deadliest shooting in the state's history. One of them sent a text message in September saying, “I believe he’s going to snap and do a mass shooting," according to law enforcement. The senators view their federal request as working in tandem with an independent commission that Democratic Gov. Janet Mills is convening to explore the facts related to the shooting, including the police response. The sheriff’s office canceled its statewide alert seeking help locating Card a week before the killings.
Persons: Susan Collins, Angus King, Donna W, Martin, Robert Card, , Janet Mills, Card's Organizations: U.S . Army, Republican, Army, Democratic Gov, Psychiatric, Card, Card's Bowdoin Locations: LEWISTON , Maine, Maine, Sens, Lewiston, Katonah , New York
President Joe Biden’s Cabinet secretaries will be advocating for the foreign aid to a mostly friendly audience in the Senate, where majority Democrats and many Republicans support tying aid for the two countries together. Despite growing questions about the Ukraine aid within the Republican conference, Senate GOP Leader Mitch McConnell has forcefully advocated tying the aid for Ukraine and Israel together. As they returned to Washington on Monday night, Senate Republicans who support the Ukraine aid were uncertain of the path forward. 2 Senate Republican, said it could complicate Democrats’ efforts to pass the two together if there were a bipartisan vote for the Israel aid alone in the House. In recent weeks, though, a growing group of Senate Republicans have joined the majority of House Republicans who are advocating to slow down or stop U.S. aid to Ukraine.
Persons: Lloyd Austin, Antony Blinken, Joe Biden’s, Mike Johnson, Biden, , Chuck Schumer, Vladimir Putin, Patty Murray, Maine Sen, Susan Collins, ” Murray, Mitch McConnell, Oksana Markarova, ” Markarova, embolden Putin, Sen, John Thune of, Thune, Republican Sen, Joni Ernst, Iowa, Ohio Sen, J.D, Vance, Putin, Johnson, Schumer, “ we're, Richard Neal, Ron Wyden, ” Wyden, Karine Jean, Pierre, ” “, , Seung Min Kim, Fatima Hussein, Tara Copp Organizations: WASHINGTON, , Senate, Republican, Internal Revenue Service, Republicans, Hamas, Senate Republicans, House Republicans, Fox News, Democrat, New York Rep, White, Associated Press Locations: United States, Israel, Ukraine, America, Russia, Taiwan, China, U.S, Mexico, Ukrainian, Kentucky, Washington, John Thune of South Dakota, Ohio
According to multiple sources familiar with the Tuesday lunch meeting, McConnell warned GOP senators that they could face “incoming” from the “center-right” if they signed onto Hawley’s bill. On that list of senators: Hawley himself, according to sources familiar with the matter. But there’s also no love lost between McConnell and Hawley, who has long criticized the GOP leader and has repeatedly called for new leadership atop their conference. In an interview, Hawley defended his bill and said that corporate influence should be limited in elections. “I think that’s wrong,” Hawley told CNN.
Persons: Mitch McConnell, Sen, Josh Hawley, McConnell, Hawley, there’s, , Chuck Schumer, ” Hawley, , Chris Christie, Donald Trump, Mike Braun, Kevin Cramer of North, Marsha Blackburn of, Dan Sullivan, Joni Ernst of Iowa, Roger Marshall of Kansas, Susan Collins of, Steve Daines, Thom Tillis, Lindsey Graham of, Katie Britt, Alabama, Lisa Murkowski, Eric Schmitt of Missouri, Ted Budd of, JD Vance, Ohio, Ron Johnson Organizations: CNN, GOP, Kentucky Republican, Fund, McConnell, New, New York Democrat, Missouri Republican, Indiana Locations: New York, Ukraine, Israel, Colorado, Kevin Cramer of North Dakota, Marsha Blackburn of Tennessee, Alaska, Susan Collins of Maine, Montana, North Carolina, Lindsey Graham of South Carolina, Ted Budd of North Carolina, Ron Johnson of Wisconsin
Mr. Johnson, the Louisiana Republican who has personally voted against sending military aid to Kyiv, released a $14 billion aid bill for Israel on Monday. But Mr. Johnson spurned that request, in an acknowledgment of how toxic funding for Ukraine has become among Republicans. agents,” Mr. Johnson said. “Instead of advancing a serious proposal to defend Israel, defend Ukraine and provide humanitarian aid, this House G.O.P. My guess is you can get Ukraine aid passed, probably as a stand-alone bill here.
Persons: Mike Johnson’s, Biden, Johnson, Biden’s, Fox News’s, ” Mr, Chuck Schumer, Mr, Kevin McCarthy, Thomas Massie of, Marjorie Taylor Greene, , , Ms, Greene, , Steven Ellis, MacGuineas, Mitch McConnell of, , Schumer, McConnell, Oksana Markarova, I’ve, Johnson’s, Susan Collins of, “ I’m, Josh Hawley, Let’s, Hawley, McConnell “, let’s, Patty Murray, Antony J, Blinken, ” Zach Montague Organizations: Senate, Louisiana Republican, Internal Revenue Service, Israel, Fox, Democratic, Republicans, United, Taxpayers, Federal Budget, Biden, Republican, University of Louisville, Ukraine, Mr Locations: Israel, Ukraine, Louisiana, Kyiv, Taiwan, United States, New York, Marjorie Taylor Greene of Georgia, Mitch McConnell of Kentucky, America, Kentucky, Ukrainian, Susan Collins of Maine, Gaza, Josh Hawley of Missouri, Washington, Russia, Iran
I have opposed efforts to ban deadly weapons of war, like the assault rifle used to carry out this crime. For the good of my community, I will work with any colleague to get this done in the time that I have left in Congress. Representative Jared Golden of Maine, a centrist Democrat, called for a ban on assault weapons Thursday afternoon, reversing a long-held stance after 18 people were killed in a mass shooting in Lewiston. That position, Mr. Golden said on Thursday, reflected in part “a false confidence that our community was above this, and that we could be in full control, among many other misjudgments.”“The time has now come for me to take responsibility for this failure,” Mr. Golden said. Standing by him at a news conference, Senator Susan Collins, a centrist Republican, declined to back a ban on assault weapons.
Persons: Jared Golden of, Golden, , Mr, , Susan Collins, “ There’s, Alexandria Ocasio, Golden’s, Organizations: United States Congress, Democrat, Marine Corps, Republican, Republicans — Locations: Lewiston , Maine, Lewiston, Jared Golden of Maine, Cortez, New York
The mass shooting in Lewiston, Maine, coupled with a conservative Democratic congressman’s reversal on an assault weapons ban, has turned the spotlight on the state’s two senators, Susan Collins, a moderate Republican, and Angus King, a Democrat-leaning independent, both of whom are skeptical about banning military-style rifles. Representative Jared Golden, among the most conservative Democrats in the House, rushed back to his Lewiston district on Thursday, as a gunman who killed 18 people in his hometown remained at large. He then stunned constituents in his traditionally pro-gun district by declaring that it was time for him “to take responsibility” for his “failure” to back a ban on assault weapons, “like the one used by the sick perpetrator of this mass killing.”Mr. Golden’s reversal is likely to put pressure on Maine’s senators, both of whom boast of occupying the political center and have used that position to forge significant bipartisan compromises in the past, including gun safety legislation passed last year after the murder of children in Uvalde, Texas. Ms. Collins, in particular, has taken heat from Democrats who say her professions of moderation have faltered at crucial times. Mr. King, who is standing for re-election in 2024, joined Republicans — including Ms. Collins — on Wednesday to back an amendment to a spending bill that would prohibit the Department of Veterans Affairs from automatically sending veterans’ personal information to the federal firearms background check system if they are deemed mentally unfit to manage their benefits.
Persons: Susan Collins, Angus King, Jared Golden, , , ” Mr, Collins, . King, Collins — Organizations: Democratic, Republican, Democrat, Republicans —, Department of Veterans Affairs Locations: Lewiston , Maine, Lewiston, Uvalde , Texas
Reuters GraphicsThe bloodshed rocked the largely rural state of Maine in the northeastern corner of the U.S. bordering Canada. [1/6]Police close Lincoln Street leading to Schemengees Bar & Grille Restaurant after deadly mass shootings in Lewiston, Maine, U.S. October 26, 2023. The bar and the bowling alley are about four miles (6.5 km) apart. A bowling alley. The number of annual homicides in the state has fluctuated between 16 and 29 since 2012, according to Maine State Police.
Persons: Robert R, Mike Sauschuck, Sauschuck, Nicholas Pfosi, Kris Brown, Brady, Jason Levesque, Levesque, Joe Biden, Janet Mills, Senators Angus King, Susan Collins, Jared Golden, Daniel Trotta, Julia Harte, Steve Gorman, Trevor Hunnicutt, Phil Stewart, Raju Gopalakrishnan Organizations: Maine Public, Police, U.S . Army, National Guard, Maine, Analysis Center, Reuters, Associated Press, Lincoln Street, Schemengees, REUTERS, Rights Police, Auburn, U.S, Senators, Maine State Police, Thomson Locations: Maine, Lewiston, Lisbon, U.S, Canada, Lincoln, Lewiston , Maine, Androscoggin County, Maine's, Portland, Brady, Lewiston's, Androscoggin, Washington, Las Vegas, Carlsbad , California, New York, Los Angeles
(CNN) - Mike Johnson swiftly ascended to the speakership with unanimous support from his party. It shouldn’t be this way.”“This has not been a good moment,” said Republican Rep. Mario Diaz-Balart of Florida, reflecting on the last three weeks. “I trust Mike Johnson. New York House Republicans say they plan to introduce a resolution to expel Santos as soon as Thursday. So far, though, Speaker Johnson is treading carefully.
Persons: Mike Johnson, Johnson, Joe Biden, Mike Kelly, , Mario Diaz, that’s, It’s, Johnson’s, George Santos, , , We’ll, Mitch McConnell –, Sen, Susan Collins of, Collins, doesn’t, Kevin McCarthy, McCarthy, Matt Gaetz, Dan Crenshaw, John Duarte of, they’ve, Dusty Johnson of, Kelly Armstrong of, Mike, Santos, ” CNN’s Lauren Fox, Haley Talbot Organizations: CNN, Republican, GOP, Hamas, Rep, George Santos of New, Israel, White, Senate, Republicans, Texas GOP, Dusty Johnson of South Dakota, New York House Republicans Locations: Florida, Israel, George Santos of, George Santos of New York, Ukraine, Taiwan, Susan Collins of Maine, Texas, John Duarte of California, Dusty Johnson of South, Kelly Armstrong of North Dakota
Representative Jared Golden of Maine, a centrist Democrat, called for a ban on assault weapons Thursday afternoon, reversing a long-held stance after 18 people were killed in a mass shooting in Lewiston. Mr. Golden, a Marine Corps veteran, has repeatedly broken with his party to oppose legislation that would ban assault weapons, a policy that Democrats have repeatedly tried and failed to revive in the nearly two decades since it lapsed. That position, Mr. Golden said on Thursday, reflected in part “a false confidence that our community was above this, and that we could be in full control, among many other misjudgments.”“The time has now come for me to take responsibility for this failure,” Mr. Golden said. Standing by him at a news conference, Senator Susan Collins, a centrist Republican, declined to back a ban on assault weapons. Representative Alexandria Ocasio-Cortez, Democrat of New York, one of the most liberal lawmakers in the House, called Mr. Golden’s comments “powerful, brave and moving” on social media.
Persons: Jared Golden of, Golden, , Mr, , Susan Collins, “ There’s, Alexandria Ocasio, Golden’s, Organizations: Democrat, Marine Corps, Republican, Republicans — Locations: Jared Golden of Maine, Lewiston, Cortez, New York
Gaetz, a far-right House Republican who viewed Speaker Kevin McCarthy as too willing to compromise with Democrats, started a process three weeks ago to unseat him. Not only did that effort work, but House Republicans emerged from their recent chaos yesterday to elect Mike Johnson as the new speaker. “Because now we have both a man and a plan.”Johnson had little national profile until he emerged as the leading candidate for speaker on Tuesday night. Unlike the three failed speaker candidates who came before him, Johnson has few enemies among House Republicans. His hallmark in Congress, our colleague Annie Karni wrote in a profile of Johnson, “has been combining his hard-line views with a gentle personal style.”
Persons: Matt Gaetz’s, Kevin McCarthy, Mike Johnson, Johnson, McCarthy, , ” Gaetz, ” Johnson, Susan Collins, Annie Karni Organizations: Republican, Democrats, Republicans, 118th, Wall Street, Maine Republican, House Republicans Locations: Maine
[1/4] A man identified as a suspect by police points what appears to be a semiautomatic rifle, in Lewiston, Maine, U.S., October 25, 2023. Androscoggin County Sheriff’s Office via Facebook/Handout via REUTERS Acquire Licensing RightsOct 25 (Reuters) - At least 22 people were killed and 50 to 60 wounded on Wednesday in mass shootings at multiple locations including a bowling alley and a bar in Lewiston, Maine, NBC News reported, citing a Lewiston police source. "There is an active shooter in Lewiston," Maine state police said previously on the social media platform X. The Sun Journal, citing a Lewiston police spokesperson, reported shootings at three separate businesses: the Sparetime Recreation bowling alley, Schemengees Bar & Grille Restaurant, and a Walmart distribution center. The number of annual homicides in the state has fluctuated between 16 and 29 since 2012, according to Maine State Police.
Persons: Robert Card, Joe Biden, Janet Mills, Senators Angus King, Susan Collins, Jared Golden, Daniel Trotta, Julia Harte, Steve Gorman, Trevor Hunnicutt, Sandra Maler, Ross Colvin, Lincoln, Raju Gopalakrishnan Organizations: Facebook, REUTERS Acquire, NBC News, Lewiston Police Department, Police, Sun, Central Maine Medical Center, U.S, Senators, El Paso Walmart, AK, Maine State Police, Thomson Locations: Lewiston , Maine, U.S, Androscoggin County, Lewiston, Maine, Maine's, Portland . Lewiston, Augusta, Portland, Washington, United States, El Paso, Las Vegas
At least 22 people are dead and 50-60 more were injured in a mass shooting at two businesses in Lewiston, Maine, according to NBC News. Mayor Jason Levesque, the mayor of nearby Auburn, urged people in his city, Lewiston and the surrounding region to shelter in place. "I am aware of and have been briefed on the active shooter situation in Lewiston," Gov. Federal law enforcement agencies are assisting our state and local law enforcement partners in Lewiston, Maine," spokesperson Xochitl Hinojosa told NBC News. The ATF's Boston office said it is also responding to the active shooter event in Maine.
Persons: Scott Sweetow, NBC10, Sweetow, He's, Robert Card, Jim Cavanaugh, Mike Sauschuck, Sauschuck, Jonathan Dienst, Melinda Small, Small, Ange Amores, Amores, Jason Levesque, Shannon Moss, Janet Mills, Sen, Angus King, Maura Healey, Joe Biden, Anthony Albanese, Biden, King, Susan Collins, Jared Golden, Merrick Garland, Xochitl Hinojosa, Jake Langlais Organizations: NBC News, of Alcohol, Tobacco, Firearms & Explosives, Lewiston, Bowdoin, NBC, Department of Public, Auburn Middle School, Lewiston police, Central Maine Medical, Maine Medical, Legends Sports, Associated Press, Maine State Police, Maine Department of Public Safety, Police, Lewiston . Massachusetts Gov, Australian, White House, Gov, Bates College, Public Locations: Lewiston , Maine, Androscoggin County, Lewiston, Auburn, NBC10 Boston, Lisbon, Maine, Portland, State, Lewiston . Massachusetts, Mills, Sens, Boston
After 11 interest rate hikes, Federal Reserve officials appear divided on next steps. Jerome Powell and other central bankers have signaled another rate hike could be on the table. Since the Federal Open Market Committee's September meeting, several central bankers have signaled that interest rates could still go higher. Atlanta Fed President, Raphael Bostic, October 20: "I really do try to keep people focused on what inflation is, still at 3.7%. Federal Reserve chairman, Jerome Powell, October 19: "Financial conditions have tightened significantly in recent months, and longer-term bond yields have been an important driving factor in this tightening.
Persons: Jerome Powell, , CME's, Patrick Harker, Raphael Bostic, Neel Kashkari, Lorie Logan, Christopher Waller, Susan Collins Organizations: Federal Reserve, Service, Federal, Market, Philadelphia Fed, Atlanta Fed, Minneapolis Fed, Dallas Fed, Governors, Boston Fed
Elected officials in Maine reacting to initial reports of the shooting in Lewiston expressed concern about the violence that had visited their community and shared words of sympathy with the friends and relatives of those caught in the shooting. A spokesman for Senator Angus King said that President Biden had reached out to the senator and pledged any federal assistance needed for the state. Janet Mills of Maine said on X that she had been “briefed on the active shooter situation” and urged residents to follow the directions of law enforcement. President Biden was briefed “on what’s known so far about the mass shooting in Lewiston, Maine, and will continue to receive updates,” the White House said in a statement. Our leaders must act.”Reid J. Epstein , Víctor Manuel Ramos and Ben Shpigel contributed reporting.
Persons: Chellie Pingree, Maine, Angus King, Mr, King, Biden, Susan Collins, , we’ve, Collins, Janet Mills, , Jared Golden, Gabrielle Giffords, ” Reid J, Epstein, Víctor Manuel Ramos, Ben Shpigel Organizations: Gov, Democrat Locations: Maine, Lewiston, Lewiston , Maine, Arizona
Climate Change Is Keeping Therapists Up at Night
  + stars: | 2023-10-21 | by ( Brooke Jarvis | ) www.nytimes.com   time to read: +4 min
His clients didn’t just bring up the changing climate incidentally, or during disconcerting local reminders; rather, many were activists or scientists or people who specifically sought out Bryant because of their concerns about the climate crisis. According to a 2022 survey by Yale and George Mason University, a majority of Americans report that they spend time worrying about climate change. A poll by the American Psychiatric Association in the same year found that nearly half of Americans think climate change is already harming the nation’s mental health. Climate change, in other words, surrounds us with constant reminders of “ethical dilemmas and deep social criticism of modern society. In its essence, climate crisis questions the relationship of humans with nature and the meaning of being human in the Anthropocene.”
Persons: Bryant, Susan Clayton, Thomas J, Doherty, George Mason, Organizations: Climate Psychology Alliance North America, American Psychological Association, Yale, George, George Mason University, American Psychiatric Association, of Biology
Tupperware picks Spanx veteran as new CEO
  + stars: | 2023-10-17 | by ( Parija Kavilanz | ) edition.cnn.com   time to read: +2 min
New York CNN —Tupperware Brands named consumer products veteran and former long-time CEO of Spanx Laurie Ann Goldman as its new CEO on Wednesday amid ongoing attempts to continue to survive as a business. In addition to her experience heading up Spanx for 12 years, Goldman also previously was CEO of Avon North America from August 2018 to August 2019. She was most recently CEO of OVME Aesthetics, a provider of medical aesthetics products and services prior to coming on board at Tupperware. Tupperware named Laurie Ann Goldman at its new CEO on Wednesday. Last October, in a massive shift in its business model, Tupperware rolled out its containers onto Target shelves nationwide.
Persons: Laurie Ann Goldman, Goldman, Miguel Fernandez, Tupperware, Sean Zanni, Patrick McMullan, Laurie Ann, ” Susan Cameron, “ Laurie Ann, It’s, , – CNN’s David Goldman Organizations: New, New York CNN, Brands, Avon Locations: New York, Spanx, Avon North America, Tupperware, The Florida, Bath
Tupperware products are offered for sale at a retail store in Chicago on April 10, 2023. Tupperware on Tuesday appointed Laurie Ann Goldman as its new CEO and shook up its board as the iconic brand tries to overcome its recent struggles. Goldman's predecessor, Miguel Fernandez, worked just three years as the company's CEO. The container maker also appointed three new members to its board, with Fernandez departing the board, the company said in a statement. "Now is the right time to bring in new leadership, and Laurie Ann is exceptionally well-suited to advance our long-term strategy and accelerate growth," said Susan Cameron, Tupperware's chair.
Persons: Tupperware, Laurie Ann Goldman, Miguel Fernandez, Fernandez, Goldman, Laurie Ann, Susan Cameron, Tupperware's Organizations: Avon North, CNBC Locations: Chicago, Avon North America
Emma Jones, a spokesperson for the Fed, declined to comment on why many Fed officials, who in the past moved swiftly to acknowledge the war in Ukraine, weren’t addressing the war in Israel. There are some Fed officials who are starting to talk about it, though — albeit only when asked questions. Fed officials see little immediate threat to the US economyAtlanta Fed President Raphael Bostic was the first to speak about the war, at the American Bankers Association’s annual conference last Tuesday. That’s probably why more Fed officials were quicker to acknowledge the war in Ukraine, Dorn said. “I don’t think the Fed wants to look like they’re taking sides,” Dorn added — but said Fed officials could easily talk about it without looking partial.
Persons: Chris Waller, ” Waller, Michael Barr, Philip Jefferson, Michelle Bowman, Lorie Logan, Emma Jones, James Dorn, , , Raphael Bostic, Bostic, Neel Kashkari didn’t, aren't, they're, Al Drago, Susan Collins, ” Collins, Patrick Harker, we’ve, Harker, JPMorgan Chase, Jamie Dimon, ” Dorn, Dorn, There’s, Gregory Daco, Daco Organizations: New, New York CNN, Federal Reserve, , Dallas Fed, Fed, Cato Institute, CNN, Atlanta Fed, American Bankers, Minot State University, Minneapolis, Federal, Bloomberg, Getty, ” Boston, Wellesley College, Philadelphia Fed, Delaware State Chamber of Commerce, JPMorgan, Rystad Energy Locations: New York, Ukraine, Russia, Israel, Waller’s, North Dakota, Delaware, Iran, Lebanon, Syria, United States, That’s, Gaza, Hormuz, EY
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSummaryCompanies Wells Fargo gains as Q3 profit risesJPMorgan Q3 profit rises on interest income boostBlackRock reports Q3 profit growthUnitedHealth gains on Q3 profit beatFutures: Dow flat, S&P down 0.18%, Nasdaq down 0.43%Oct 13 (Reuters) - Futures tracking Wall Street's main indexes fell on Friday as investors assessed earnings from big U.S. banks, while Treasury yields eased following a spike in the previous session. JPMorgan Chase(JPM.N), the biggest U.S. bank, posted a jump in third-quarter profit as higher interest rates boosted its income from loans. BlackRock (BLK.N) reported a 13% rise in third-quarter profit on a rebound in markets. UnitedHealth (UNH.N) advanced 2.5% after beating third-quarter profit estimates, helped by lower-than-expected medical costs for the healthcare conglomerate. Traders put the chance of interest rates remaining unchanged in November and December at around 92% and around 69%, respectively, according to CME's FedWatch tool.
Persons: Brendan McDermid, JPMorgan Chase, Wells Fargo, Rob Swanke, Patrick Harker, Susan Collins, Todd Vasos, Jeffery Owen, Shashwat Chauhan, Ankika Biswas, Saumyadeb Organizations: New York Stock Exchange, REUTERS, Companies Wells, JPMorgan, BlackRock, Dow, Nasdaq, U.S, Citigroup, Commonwealth Financial Network, Fed Bank of Philadelphia, Federal Reserve Bank of Boston, Traders, University of Michigan's, Dow e, Investors, Hamas, Exxon Mobil, Chevron, Callon Petroleum, Occidental Petroleum, Dollar, Boeing, Thomson Locations: New York City, U.S, BLK.N, Israel, Gaza City, Bengaluru
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