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☆ Southwest Airlines’ CEO got 75% pay hike ahead of service meltdown
▼ + stars: | 2023-04-06 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Bob Jordan, who took over as CEO of Southwest Airlines in February 2022, just 10 months before the airline’s epic holiday travel service meltdown, got a 75% pay hike last year. When he took over as CEO, Jordan was moving up from an executive vice president position, and the pay hike was part of his promotion. His predecessor as CEO, Gary Kelly, received $5.1 million in 2022, serving as CEO in January and executive chairman the rest of the year. That’s down from the $5.8 million Kelly received in 2021 and $9.8 million he received in 2020. Jordan is not the only new CEO getting a big raise with his promotion ahead of a costly problem for their company.

☆ Read the full memo: McDonald's outlines plans for layoffs and shift in strategy
▼ + stars: | 2023-04-03 | by ( Gloria Dawson | Nancy Luna | ) www.businessinsider.com time to read: +5 min

McDonald's offices will be temporarily closed as the company prepares for layoffs, according to an internal memo. This week, employees will learn more about the fate of their employment. Read the full memo:Headlines for the Week of April 3AlI U.S.-based McDonald's offices, including MHO, will be closed April 3-5 and employees should work remotely. AlI U.S.-based employees who work from an office location may work remotely for the duration of the week of April 3. AlI U.S.-based McDonald's offices, including MHQ, are closed April 3-5 and employees should work remotely.

☆ White House to China: Don't use Taiwan visit as 'pretext'
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, March 29 (Reuters) - The White House urged China on Wednesday not to use a "normal" stopover in the United States by Taiwan's president as a pretext to increase aggressive activity against Taiwan. John Kirby, the White House national security spokesperson, told reporters that Taiwan President Tsai Ing-wen's arrival soon in the United States is the latest in a series of routine transits. "The Peoples Republic of China should not use this transit as a pretext to step up any activity around the Taiwan strait," he said. It would be the first meeting on U.S. soil between a House speaker and a Taiwanese leader, and the prospect has angered Beijing. China responded to a visit last August to Taiwan by former House Speaker Nancy Pelosi with large-scale war games around the democratically ruled island.

☆ King Charles III’s Trip to France Postponed Amid Unrest
▼ + stars: | 2023-03-24 | by ( Noemie Bisserbe | Max Colchester | ) www.wsj.com time to read: 1 min

King Charles III is still set to visit Germany as planned. PARIS—The French government postponed a visit by Britain’s King Charles III amid widespread strikes that threatened to disrupt a protocol-heavy event aimed at solidifying Anglo-French ties that had been strained by Brexit. President Emmanuel Macron ’s office said the government decided to reschedule the king’s first overseas official visit after unions called for a day of new nationwide protests on Tuesday against the government’s pension overhaul.

"This is not a good moment for American diplomacy," said William Kirby, a professor of Chinese studies at Harvard University. A source familiar with that conversation called it the most antagonistic U.S.-China engagement since contentious talks in Alaska early in the Biden administration. Name me one," Biden said in his speech, evidently referring to a host of domestic and foreign policy challenges facing China. However, Biden is likely to find Xi emboldened in any call after a Chinese-brokered rapprochement between Saudi Arabia and Iran and his meetings with Putin. Reporting by David Brunnstrom and Michael Martina Editing by Don Durfee and Alistair BellOur Standards: The Thomson Reuters Trust Principles.

☆ Emerging venture fund managers had few banking options to begin with. After Silicon Valley Bank's collapse, where do they turn now?
▼ + stars: | 2023-03-22 | by ( Melia Russell | Vishal Persaud | ) www.businessinsider.com time to read: +10 min

Silicon Valley Bank had long banked a class of startup investors known as emerging managers. He was able to quickly switch from Silicon Valley Bank with an email to his contact at AngelList. Novak is part of a contingent of investors who are shifting their banking strategy in the fallout of Silicon Valley Bank's failure. After Silicon Valley Bank's demise, the big banks have gotten more selective, the three investors said. The big banks like JPMorgan set account minimums for its private banking group, locking out emerging fund managers.

☆ A millennial whose employer gives paid period leave said it's improved her work life knowing she could take time off when the pain becomes unbearable
▼ + stars: | 2023-03-15 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +6 min

Paid menstrual leave is much more common in Asia than the US or Europe. One worker told Insider menstrual leave at her Polish company made life easier in the last year. "By giving additional days off for those experiencing menstrual period pain, we acknowledge these symptoms are real." Rutkowska also praised the relative ease and discretion of requesting menstrual leave, especially in comparison to other forms of leave. She said she simply logs onto her online time sheet, fills out "menstrual leave" as the reason, and gets approved quickly.

☆ Cheddar News has seen so many exits that managers have asked staffers to delay scheduled vacations, while promising that reinforcements are on the way
▼ + stars: | 2023-03-08 | by ( Reed Alexander | ) www.businessinsider.com time to read: +7 min

Cheddar News has lost more than 10 newsroom staffers since the start of 2023, sources told Insider. As of March, Cheddar appears to have plans to hire at least five news-related roles, according to Altice's jobs portal. a former Cheddar producer said. The two executives are said to have denied speculation that Altice has any plans to combine Cheddar and News 12. Sources previously told Insider that, throughout 2022, the Cheddar newsroom had contracted by roughly a third.

☆ See the 10-slide presentation a hot mental-health startup used to win over Cigna Ventures and raise $34 million
▼ + stars: | 2023-02-07 | by ( Blake Dodge | Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

NOCD in January raised $34 million as digital-health funding tumbles. In a brutal time to raise money from investors, the mental-health startup NOCD, which provides care for people with obsessive-compulsive disorder, just raised $34 million. Cigna Ventures, the health-insurance giant's venture-capital arm, and 7wireVentures, a prominent healthtech venture-capital firm, co-led the round, bringing NOCD's total funding to $84 million. NOCD shared with Insider the presentation that helped it land $34 million from Cigna Ventures and 7wireVentures. Here's the deck NOCD used to raise $34 million from top investors.

Beijing condemned the shooting down of the balloon as an "obvious overreaction" and urged Washington to show restraint. Some U.S. Republicans have questioned why the balloon was not shot down before it was allowed to travel across the United States. Senior U.S. officials have offered to brief former Trump administration officials on the details of what the White House said were three China balloon overflights when Donald Trump was president. Chinese foreign ministry spokesperson Mao Ning said China learned its balloon had drifted over the United States after being notified by Washington. On Sunday, Colombia's military said it sighted an airborne object similar to a balloon after the Pentagon said on Friday another Chinese balloon was flying over Latin America.

The reaction in the United States to what appears to be an ill-timed spying mission will have lingering consequences for efforts to stabilize ties – already near historic lows. Since then, the Biden administration has said it hopes to build a "floor" for the relationship and ensure that rivalry does not spiral into conflict. The mood in China over the balloon was also glum. "Overall, I do think the Biden administration would like to reschedule, as there are many issues on the table and a real chance for a thaw. But the balloon incident probably means the thaw is postponed indefinitely," said RAND Corporation Indo-Pacific analyst Derek Grossman.

☆ China's suspected spy balloon prompts Blinken to postpone Beijing trip as Congress seeks answers
▼ + stars: | 2023-02-03 | by ( Amanda Macias | ) www.cnbc.com time to read: +4 min

U.S. Secretary of State Blinken attends the Freedom of Expression Roundtable, in New York, U.S., September 19, 2022. Secretary of State Antony Blinken will postpone his trip to China next week following a suspected Beijing-operated spy balloon looming over parts of Montana. Chinese authorities said Friday that the balloon operating over U.S. airspace was a civilian weather balloon intended for scientific research. But the State Department said that was immaterial. "It was a mistake to not shoot down that Chinese spy balloon when it was over a sparsely populated area," Rubio tweeted on Friday.

☆ A high school basketball coach is still out $10,000 after Southwest canceled a flight and left his whole team stranded in Las Vegas for 5 days over Christmas. They ended up chartering a bus to drive 1
▼ + stars: | 2023-01-29 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +8 min

A Seattle high school basketball team spent Christmas in Vegas after a canceled Southwest flight. "He was like, 'I just want to get those kids home safely,'" Virginia Bethea said. Michael and Virginia Bethea even went out and bought each of the kids a Christmas gift. "This is probably the best Christmas, in all honesty," Virginia Bethea said, adding "just to be able to serve people through this time. "They put more Black boys in college than all high school basketball programs combined in the state of Washington," Virginia Bethea said.

☆ The daily routine a lawyer uses to balance her TikTok side hustle with her full-time career
▼ + stars: | 2023-01-26 | by ( Nhari Djan | ) www.businessinsider.com time to read: +5 min

Paige Sparks is a full-time labor and employment lawyer who runs a law firm with her sister-in-law. Here is how she manages legal work while posting to TikTok, Instagram Reels, Facebook, and YouTube. So, she started sharing her legal knowledge on TikTok to see if she could generate buzz where she lives in Missouri. "I have ADHD and I cannot complete any task without my list," Sparks said. And if someone calls about an item that she's already crossed off her list, she'll reschedule the call for the following day.

☆ The schedule an employment lawyer uses to balance making TikToks with running her own law firm
▼ + stars: | 2023-01-23 | by ( Nhari Djan | ) www.businessinsider.com time to read: +5 min

☆ New York nurses end strike after reaching deals with hospitals on staffing
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +1 min

[1/3] A hospital worker raises a fist as NYSNA nurses walk off the job, to go on strike at Mount Sinai Hospital in New York City, U.S. January 9, 2023. REUTERS/Andrew KellyJan 12 (Reuters) - A strike involving over 7,000 nurses at two New York City hospitals has ended after three days, as they reached tentative deals with hospitals over staffing levels, the New York State Nurses Association (NYSNA) said on Thursday. Nurses at Montefiore Medical Center in the Bronx and Mount Sinai Hospital in Manhattan will go back to work Thursday morning after reaching an agreement for "enforceable safe staffing ratios", the NYSNA said in a statement. "Through our unity and by putting it all on the line, we won enforceable safe staffing ratios at both Montefiore and Mount Sinai where nurses went on strike for patient care," said NYSNA President Nancy Hagans. The nurses went on strike on Monday after contract negotiations stalled over pay and staffing levels, a move that caused Montefiore to reschedule all elective surgeries and procedures and postpone appointments at ambulatory locations.

How to earn Chase Ultimate Rewards pointsThe only way to earn rewards in the Chase Ultimate Rewards ecosystem is by opening and using a Chase credit card that operates within this program. Pay Yourself Back with Chase points (up to 1.5 cents per point)During the pandemic, Chase introduced a compelling new way to redeem points for everyday, non-travel expenses. Redeem points for experiences (point values vary)You can also use Chase Ultimate Rewards points to book special experiences, including one-of-a-kind events hosted by Chase. Book hotels through the Chase Ultimate Rewards portalWhile the Chase Ultimate Rewards program partners with IHG Rewards, Marriott Bonvoy, and World of Hyatt, it's important to price shop awards before you transfer Chase points to these programs. For example, you may find that a Marriott stay that costs 50,000 points will only set you back 12,000 Chase points through the portal.

☆ More than 7,000 nurses go on strike in New York City
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +2 min

Jan 9 (Reuters) - Thousands of nurses at two New York City hospitals went on strike on Monday after contract negotiations stalled over pay and staffing levels, a move that caused one of the facilities to postpone procedures and appointments. The walkout involves more than 7,000 nurses at Montefiore Medical Center in the Bronx and Mount Sinai Hospital in Manhattan, the New York State Nurses Association said in a statement. "These nurses are dedicated professionals who provide quality patient care under unimaginable conditions," New York State AFL-CIO president Mario Cilento said. Montefiore Medical Center also said it was committed to create over 170 new nursing positions. Since beginning contract negotiations four months ago, the union had been able to reach agreements or new contracts for nurses at seven other New York City hospitals.

Buffalo Bills safety Damar Hamlin is showing “signs of improvement" and loved ones are "elated" about the player's progress, even while he's still hospitalized in critical condition, his team and family said Wednesday. “Damar remains in the ICU in critical condition with signs of improvement noted yesterday and overnight,” the Bills said in a statement Wednesday afternoon. Hamlin went into cardiac arrest, and his “heartbeat was restored on the field,” the Bills have said. More coverage on Damar Hamlin NFL says no decision made yet on resumption of Bills-Bengals game after Damar Hamlin collapseBuffalo Bills' Damar Hamlin's heart was most likely healthy before collapse, doctors sayDamar Hamlin's familysay they are 'moved by the prayers, kind words'One NFL player has died on the field. His widowwatched Damar Hamlin’s collapse in horror.

☆ A senior executive assistant at Uber and self-described introvert shares the LinkedIn strategy that launched her career in Big Tech
▼ + stars: | 2023-01-02 | by ( Elle Hardy | ) www.businessinsider.com time to read: +6 min

Katie Thomas is a senior executive assistant at Uber and a former assistant to Postmates' CFO. Before that, she was the executive assistant to Postmates' chief financial officer. Thomas Googled the executive assistant at Salesforce and saw that she had an impressive background. Getting a "good vibe" from email exchanges, Thomas said, she asked if the other executive assistant wanted to get a coffee or a drink. Thomas said that they went for a drink a few weeks later and that the executive assistant "really helped me think through what my next steps would be."

☆ A family who was headed to Tokyo to visit Disney and celebrate their son's 21st birthday is 'devastated' and out $7,000 after Southwest cancelled their flight
▼ + stars: | 2022-12-31 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

But after Southwest cancelled their flight from Tuscon to LAX, they missed their flight to Tokyo. They were going to visit Tokyo Disney and the Pokemon Cafe in Tokyo, take a train to Kyoto and go sightseeing at historic temples. But Tokyo Disney, which is not owned by The Walt Disney Company, generally does not issue refunds. Tokyo Disney, which is owned by The Oriental Land Company, could not immediately be reached for comment. The Walt Disney Company, which licenses intellectual property to Tokyo Disney, did not immediately respond to Insider's request for comment.

☆ Celine Dion Reveals Stiff-Person Syndrome Diagnosis, Cancels and Reschedules 2023 Tour Dates
▼ + stars: | 2022-12-08 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

Celine Dion said Thursday she was diagnosed with a rare neurological disorder called Stiff-Person Syndrome that makes it hard to sing the way she wants to, prompting her to reschedule and cancel dozens of shows. The Canadian singer, 54 years old, said in a video on Instagram that she was recently diagnosed with the disorder. It affects her vocal cords, among other things, leaving an uncertain future for one of the bestselling artists of all time. Over her decadeslong career she has produced hits like “My Heart Will Go On” and “It’s All Coming Back to Me Now.”

☆ Fact Check-Red Krampus-design coffee cup created by tattoo artist, not Starbucks, in 2015
▼ + stars: | 2022-12-07 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

One Facebook user said: “I don’t participate in Starbucks coffee. Starbucks coffee cups just in time for christmas... A spokesperson for Starbucks told Reuters via email that “this is not a Starbucks cup, nor a cup that we’ve had”. I’m a professional tattoo artist and one day I had a customer reschedule their appointment with me. It was created by an American tattoo artist in 2015.

☆ TAP cabin staff to strike on Dec. 8-9, plan more walkouts until end-Jan
▼ + stars: | 2022-12-06 | by ( ) www.reuters.com time to read: +2 min

LISBON, Dec 6 (Reuters) - Cabin staff at Portugal's flag carrier TAP will go on strike on Thursday and Friday to demand higher wages after pay cuts under the airline's recovery plan, the SNPVAC union said, adding it would schedule more walkouts later. The 25% salary cut we suffered due to the company's restructuring plan is unacceptable, especially given current inflation levels," SNPVAC head Ricardo Penarroias told Reuters on Tuesday. The union is also demanding the company unfreeze pay progression, and respect maternity leave and rest periods. TAP, which is under an EU-approved 3.2-billion euro bailout plan, has also advised passengers to reschedule their bookings. The plan involves downsizing its fleet, cutting more than 2,900 jobs and reducing wages of most workers by up to 25%.

Russia has "unilaterally postponed" nuclear arms control negotiations with the U.S. that were to be held in Cairo this week, a State Department spokesperson said Monday. In response to Washington's support of Ukraine after Russia invaded in February, Moscow suspended the inspections in August. A State Department spokesperson said that Russia had postponed the latest series of meetings and "stated that it would propose new dates." Presidents Barack Obama of the U.S. and Dmitry Medvedev of Russia sign the New START treaty in Prague on April 8, 2010. The New START Treaty "has to do with the disposition of our respective nuclear assets," Price said at a news briefing on Nov. 8, Election Day.

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