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The tech journalist Taylor Lorenz is going solo and launching her own Substack publication. AdvertisementThe tech journalist Taylor Lorenz is going full creator mode, launching her own Substack publication called User Mag. "We are grateful for the work Taylor has produced at The Washington Post," a Post spokesperson said in a statement. I think Substack is doing a lot more in terms of multimedia. So there's people like that, that I'm really going to miss having access to their minds on a daily basis.
Persons: Taylor Lorenz, Lorenz, , Vox, Joe Biden, Taylor, Eric Newcomer, Simon Owens, Matthew Yglesias, Yglesias, Peter Kafka, Seibel, He's, Mark, that's, Johnny Harris, Cleo Abram, Ryan Broderick, There's, J Aubrey, Mina Le, Hasan Piker, Kate Lindsay, I'm, Substack, haven't, Zoe Jensen, Drew Harwell, Drew, You've, Tucker Carlson, I'd, I've Organizations: Washington, BI, Service, The New York Times, Washington Post, YouTube, Fox News, The Washington, Post, Garbage, Vox, Business Locations: Substack livestreaming
Despite return-to-office mandates at Amazon and Dell, the tech world still appears to favor hybrid work. Experts say hybrid work boosts recruitment and retention and could be crucial amid tech talent wars. But while it may seem like workers are losing the battle for remote work, research suggests that hybrid work is still the norm in the tech industry. While some large companies, such as Nvidia, have remained holdouts, most Big Tech companies have had hybrid policies of various degrees. So as long as productivity stays up, I think hybrid work is here to stay in the tech world."
Persons: , Peter Cappelli, Nicholas Bloom, Bloom, Noam Shazeer, Cevat Aksoy, Aksoy, John Rossman, — it's Organizations: Amazon, Dell, Flex, Service, Wharton Business School, Big Tech, Stanford, Google, King's College London, Nvidia, Microsoft Locations: mull
It was unclear what percentage of the 250,000 seasonal workers, which include staff in sort centers, fulfillment centers and delivery stations, would be in fulfillment centers or transport employees. The transport employees will not include delivery service partners or their teams, according to a company spokesperson. Online holiday shoppers are expected to spend a record $240.8 billion, up 4.9% from last year. While Amazon's hiring plans remain flat compared to last year, the company is still outpacing big box competitor Target, which will tack on 100,000 workers for the season. An Amazon spokesperson said the Teamsters have "misrepresented the facts" as the union accuses Amazon of retaliating against BTS for drivers unionizing.
Persons: Sandy Gordon Organizations: Global Operations, Mastercard, National Labor Relations Board, International Brotherhood of Teamsters, Amazon, Teamsters, BTS, unionizing Locations: Tracy , Calif
Presidential hopeful Donald Trump has proposed getting rid of taxes on tips and overtime. AdvertisementIf former President Donald Trump gets his way, workers who collect overtime pay or tips could stop paying taxes on them. "Their employer can pay less to keep them but the worker is not worse off because now they don't have to pay taxes on that," Shierholz said. Or it could mean some salaried workers switch to hourly wages in order to qualify for a higher rate of untaxed overtime pay. Do you collect tips or overtime pay?
Persons: Donald Trump, Trump, , It's, Kamala Harris, that's, Harris, it's, Heidi Shierholz, Shierholz, Joe Hughes, Alex Muresianu, Muresianu, Hughes, Rube Goldberg, Karoline Leavitt Organizations: Service, Yale, Trump, Social Security, Taxation, Economic, Tax Foundation Locations: Arizona, America
Business Insider's personal finance team compared Municipal Credit Union personal loans to the best personal loans and found it to be a standard offering. Municipal Credit Union Personal Loan OverviewMunicipal Credit Union Personal Loan Check rates Compare loan options and get your rates today. MCU Personal Loan AlternativesMCU Personal Loans vs. First Tech Personal LoansWhile Municipal Credit Union limits membership to those in the New York area, First Tech Personal Loan Federal Credit Union doesn't have such geographical restrictions. First Tech Credit Union Personal Loan ReviewNavy Federal Personal LoansYou can get the smallest loan amount with Navy Federal Credit Union Personal Loan, as the credit union offers loans as small as $250, whereas MCU only permits loans as low as $1,000. See our ratings methodology for personal loans »Ryan Wangman, CEPF Loans Reporter Ryan Wangman was a reporter at Personal Finance Insider reporting on personal loans, student loans, student loan refinancing, debt consolidation, auto loans, RV loans, and boat loans.
Persons: that's, MCU, Ryan Wangman, Read, Elias Shaya, Elias, Kerri Anne Renzulli Organizations: Municipal Credit Union, Municipal Credit, Municipal, New, Big Apple, Social Security, Loan Federal Credit Union, Financial, Amazon, Intel, Microsoft, First Tech, Tech, Loan, Navy Federal Credit, Navy Federal, Department of Defense, Better Business Bureau, BBB, Apple, Google, Chevron, Credit Union, Finance, Northwestern University, Boston Globe Locations: New York City, New York, MCU, Oregon
The Gap comeback that might actually be working
  + stars: | 2024-10-02 | by ( Cathleen Chen | ) edition.cnn.com   time to read: +21 min
Designer Zac Posen — now creative director at Gap Inc., at the Vanity Fair Oscar party in March 2024. Danny Moloshok/ReutersSince 2014, the Gap brand has nearly halved its presence in North America, going from 968 stores in the market to 472 as of February. It makes up about 20% of overall Gap Inc. revenue, while Old Navy accounts for more than half. Before Gap, Posen was on track for a similar trajectory to Mizrahi’s. They started by redefining the positioning of each brand: Gap as a pop culture brand.
Persons: CNN — Zac Posen, Richard Dickson, Posen, Donald, Doris Fisher, Mickey Drexler, Drexler, Uniqlo, Zac Posen —, Danny Moloshok, Sonia Syngal, Dickson, Barbie, Troye Sivan, Da’vine Joy, Anne Hathaway, ” Posen, won’t, Zac, Isaac Mizrahi, , Gabriella Santaniello, Mizrahi, Zac Born, Saint Ann’s, Lola Schnabel, Julian Schnabel, Lena Dunham, Nicole Miller, Naomi Campbell, Grimm, , Da'Vine Joy Randolph —, Jamie McCarthy, Yucaipa, Ron Burkle, Sean Combs, Zac Posen, Neiman Marcus —, Zac Posen — that’s, Zac Posen’s, it’s, Paco Rabanne, Patrick Robinson, Ye, Julie Gilhart, Gilhart, ” Dickson, Bernadette Peters, , Harrison Ball, Ryan Murphy, ’ ”, TJ Maxx, Kennedy, Anne Hathway, Pietro S, Robert, William Fisher, didn’t, Mark Breitbard, Horacio Barbeito, Chris Blakeslee, Goodman, Stephanie Keith, Da’Vine Joy Randolph’s, Sivan, Hathaway, Julia Fox, influencer, Lee Peterson, hasn’t Organizations: The, Fashion, CNN, Old Navy, Inc, New Yorker, Gap Inc, Navy, Banana, Reuters, Mattel, Hollywood, Xcel Brands, QVC, Saint, Metropolitan Museum of Art, Central Saint Martins, New York Times, Centric Brands, Barneys, New York City Ballet, Swans, Disney, rockstar, Old, America ., Collins Group, Vogue, Bloomberg, Council of Fashion Designers of America, New York, Dôen Locations: Posen, San Francisco Bay, New, Banana Republic, Athleta, San Francisco, Oxford, Zara, North America, Asia, China, Republic, New York City, American, London, Bloomsbury, Balthazar, SoHo, Rome, Italy, New York, America, America . Banana
ExodusPoint led multimanager hedge funds with a 1.5% gain last month and is up 6.5% in 2024. Millennium and Schonfeld had strong returns; Citadel, Balyasny, and Walleye lagged behind. AdvertisementIn the last month before a new cash hurdle forces the firm to outperform for performance fees, ExodusPoint led the way among multistrategy hedge funds. The $11 billion manager was up 1.5% last month, bringing its 2024 numbers to 6.5%, a person close to Michael Gelband's fund said. The firm was down 0.2% last month, though it is still up 11.1% on the year, a person close to the firm said.
Persons: ExodusPoint, Schonfeld, , Michael Gelband's, Ken Griffin's Organizations: Citadel, Walleye, Service, Business Locations: Balyasny, York, Wellington, Miami
In addition to this, our teams are joining the local taskforces to try to restore the most basic services and bring further supplies to Spruce Pine,” The Quartz Corp said in a statement. The Quartz Corp facility near Spruce Pine, North Carolina, is seen during a CNN flyover of the area on Monday, September 30. And while quartz is abundant around the world, the kind of ultra-high-purity quartz mined in Spruce Pine is not. The Spruce Pine mines provide an estimated 80% to 90% of the world’s high-purity quartz — experts say the exact amount is proprietary and unknown — supplying semiconductor manufacturers like chipmaking giant Taiwan Semiconductor Manufacturing Company. However, Wang said that despite the scale of the devastation in Spruce Pine, there is still reason for optimism.
Persons: Hurricane Helene, Helene, , , Seaver Wang, Spencer Bost, ” Bost, ’ ” Sibelco, , Sibelco, that’s, Gregory Allen, David Bader, CSIS’s Allen, Wang, ” Wang Organizations: New, New York CNN, Quartz Corp, Breakthrough Institute, Downtown, CNN, Belgian, Wadhwani Center, AI, Technologies, Center for Strategic, International, Taiwan Semiconductor Manufacturing Company, Institute for Data Science, New Jersey Institute of Technology Locations: New York, North Carolina, Hurricane, Spruce Pine, United States, Sibelco, Silicon, Downtown Spruce, Norwegian, Spruce, Spruce Pine , North Carolina,
watch nowThe one-year grace period for student loan borrowers who miss a payment expired this week. The goal of the 12-month "on ramp" to repayment was to give borrowers some breathing room as they worked student loan payments back into their budgets. Some borrowers haven't made payments in yearsCongress initially passed legislation to allow federal student loan borrowers to pause their loan payments in March 2020 as part of the Covid economic response. It's now been roughly a year since student loan payments resumed. TransUnion data shows that just over half of student loan borrowers made payments over the past several months.
Persons: servicers, haven't, they've, Billy Hensley, Intuit Credit Karma, Karma, Brandon Bell, Ted Jenkin, Jenkin, Sallie Mae's, delinquencies, Liz Pagel, hasn't, Pagel, Andrew Housser, Housser Organizations: National Endowment, Financial Education, CNBC, Financial Wellness, Board, Intuit Credit, Rice University Library, Getty, CNBC's, College, Finance Locations: HOUSTON , TEXAS, Houston , Texas, Atlanta
Andy Jassy is thinking long-termThe recent return-to-office mandate requiring employees to work from the office five days a week is tricky. I think Jassy is thinking long-term, which is one of the core features of Amazon's leadership principles: long-term thinking. The third leadership principle I think Jassy is enforcing is frugality. The principle says that leaders work daily to create a safer, more productive, higher-performing, and diverse work environment. I think Jassy looks at this and says, "That is what I am doing."
Persons: John Rossman, Rossman, , it's, Andy Jassy, they'd, Andy Jassy's, Jeff Bezos, Jassy Organizations: Amazon, Service Locations: America
Workers at ports stretching from Maine to Texas went on strike early Tuesday in a dispute over wages and automation. So, the unpredictability of this issue here is really in play and it has the magnitude to really throw a giant wrench in global supply chains,” she added. Ocean supply chains have already been hit hard this year by conflict in the Red Sea, a lengthy drought affecting the Panama Canal and the Baltimore bridge collapse. You might say it is a perfect storm, but it is also a really good negotiating position for those people wanting a strike,” Sand said. “Frequent shocks to supply chains in recent years have left producers more attuned to the risks of running low inventories,” Saunders said on Sept. 25.
Persons: ” Lisa DeNight, Newmark, CNBC’s, DeNight, Peter Sand, Sand, ” Sand, — “, , Maersk, Bradley Saunders, Joe Biden, Biden, Taft, Hartley, ” Saunders Organizations: U.S, Workers, International Longshoremen’s Association, ILA, United States Maritime Alliance, Maersk, North America Economist, Capital Economics Locations: East, Gulf, Maine, Texas, U.S, Red, Panama, Baltimore, Gulf Coast, Europe, Asia, Danish, East Coast
Trucking and other logistics companies are racing to get as many goods as possible out of ports before a potential strike. The vast port operations of New York and New Jersey stand to be most affected, with about 4,500 workers in the region. Kathy Hochul said that her state and the Port Authority of New York and New Jersey have been anticipating the strike but warned of potential impacts. Under that authority, Biden could seek a so-called 80-day "cooling-off period" that would force dockworkers to stay on the job. But while the White House has been in touch with the ILA and USMX in recent days, the president is not looking to invoke the law.
Persons: USMX, Kathy Hochul, We’re, Joe Biden, Taft, Hartley, Biden, dockworkers, Kamala Harris, Donald Trump, ” Biden Organizations: ILA, CNBC, Ocean Carriers, ILA Longshore, New York Gov, Port Authority of New, White, USMX, Democratic, Republican Locations: New York, New Jersey, Port Authority of New York, Taft
Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will fabricate its first chip in two years, Commerce Minister Piyush Goyal told CNBC during a one-on-one interview in New York. Nvidia , AMD , Micron are among the U.S. companies that have pledged to expand in the country. Goyal added that Indian behemoth Tata and other domestic companies are working to make India's semiconductor dream a reality. And according to Goyal, Indian customers are increasingly opting for the more expensive iPhones.
Persons: Piyush Goyal, chipmakers, Goyal, behemoth Tata, Narendra Modi, Apple, Warburg Pincus Organizations: of Commerce and Industry, Consumer Affairs, Food, Commerce, CNBC, Nvidia, AMD, Micron, behemoth, Taiwan Semiconductor Manufacturing Company, Samsung, U.S, Apple, BlackRock, KKR, Google, Microsoft Locations: India, New York, Silicon Valley, China, Goyal
AdvertisementCareer consultants are pushing a bold new strategy for tech candidates: skip the recruiter DMs and go straight to the CEO. In today's highly competitive tech job market, candidates are looking for ways to stand out and differentiate themselves in the application process. AdvertisementBusiness Insider spoke to career coaches in the tech space to hear about why candidates may want to try this new tactic. It's not recommended for all jobsSome career coaches expressed mixed feelings on this new tactic, despite being approached about it by clients. AdvertisementBut while there's no magic formula to landing a tech job in this market, it's not a bad idea to think outside the box and get creative with your approach.
Persons: , DMing, Katie McIntyre, McIntyre, That's, Raj Subrameyer, Subrameyer, hasn't, It's, Albano Gega, Gega Organizations: Service, DMs, Microsoft, Google, LinkedIn Locations: CareerSprout
And bitcoin IRAs overall may not be the best way to get exposure to digital assets into your retirement portfolio, he adds. Read on for more on the pros and cons of bitcoin IRAs, and which investors they may make sense for. Self-directed bitcoin IRAs offer many of the same tax benefits as regular IRAs, like tax-deferred growth in traditional IRAs and tax-free withdrawals from Roth IRAs. Supports IRA rollovers, traditional IRAs, Roth IRAs, SEP IRAs, and 401(k)sCheck mark icon A check mark. Supports IRA rollovers, traditional IRAs, Roth IRAs, SEP IRAs, and 401(k)sCheck mark icon A check mark.
Persons: Bitcoin, Rollovers, Roth, bitcoin IRAs, Chris Chen, Read, Chen, Roth IRAs, they've, bitcoin, it's, Bitcoin IRAs Organizations: BitcoinIRA, Insight Financial, IRA, Better, Pew Research, SEC, CFTC Locations: cryptocurrency, U.S, bitcoin
Washington CNN —New York magazine writer Olivia Nuzzi is publicly accusing her ex-fiancé Ryan Lizza, a prominent political journalist with Politico, of orchestrating a harassment and blackmail campaign against her after their split and while Nuzzi had a personal relationship with Robert F. Kennedy, Jr. Lizza, Politico’s chief Washington correspondent and Playbook co-author, wasn’t in attendance at a court hearing Tuesday where Nuzzi was granted a temporary no-contact order against him. Lizza hasn’t responded to the allegations in court, but he did provide a statement to CNN after being informed about the court action. Kennedy only met Olivia Nuzzi once in his life for an interview she requested, which yielded a hit piece.”A spokesperson for Nuzzi declined to comment further. New York magazine declined to comment.
Persons: Olivia Nuzzi, fiancé Ryan Lizza, Nuzzi, Robert F, Kennedy, Jr, , Lizza “, ” Nuzzi, , , Lizza, Playbook, Lizza hasn’t, ” Lizza, wouldn’t, “ Mr, CNN’s Hadas Gold Organizations: Washington CNN — New York, Politico, DC’s, New, CNN, RFK Jr, ” RFK, New York Locations: Washington, New York, Lizza
In this article META Follow your favorite stocks CREATE FREE ACCOUNTA logo of US company's Meta is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center in Paris, on May 22, 2024. It also accuses the company of retaliation after it allegedly sidelined Napoli and took him off big projects when he raised concerns that the person had been rehired. Before the layoffs, G.F. and Napoli occasionally saw each other in meetings but were no more than "work acquaintances," Napoli said. But just four months later, the company hired G.F. back to a contractor position after he apparently slipped through the cracks in the hiring process, the lawsuit says. Napoli learned his accused stalker was back at Meta when G.F.'s name popped up on Workplace, the company's internal messaging system.
Persons: Porte, Julien De Rosa, James Napoli, Napoli, Mark Zuckerberg, Carrie Goldberg, Peter Romer, Friedman, Meta, it's, Meta didn't, G.F, Luigi, he'd Organizations: Porte de, Afp, Getty, Meta, New York Supreme, Meta's New, CNBC, Facebook, Napoli Locations: Paris, New York, New, Napoli, Meta's, Meta's New York City
A container ship departs the Port of Newark for the Atlantic Ocean on September 30, 2024 seen from New York City. Workers at ports stretching from Maine to Texas went on strike early Tuesday in a dispute over wages and automation. Workers picket outside of the APM container terminal at the Port of Newark in Newark, New Jersey, US, on Tuesday, Oct. 1, 2024. You might say it is a perfect storm, but it is also a really good negotiating position for those people wanting a strike," Sand said. Cranes used for shipping containers rise from the Port of Newark on September 30, 2024 in New York City.
Persons: Spencer Platt, Lisa DeNight, Newmark, CNBC's, DeNight, Peter Sand, Sand, Maersk, Bradley Saunders, Joe Biden, Biden, Taft, Hartley Organizations: Getty, U.S, Workers, International Longshoremen's Association, ILA, United States Maritime Alliance, " Workers, APM, Port, Bloomberg, Maersk, North America Economist, Capital Economics Locations: Port, Newark, New York City, East, Gulf, Maine, Texas, U.S, Red, Panama, Baltimore, Gulf Coast, Europe, Asia, Newark , New Jersey, US, Danish, East Coast
Bellucci's career spans roles at Lycos, Sony, and Fujitsu, focusing on tech innovation. AdvertisementThis as-told-to essay is based on a conversation with Cristiano Bellucci, a 48-year-old technology vision lead in Munich. I'm the technology vision lead at Fujitsu and the owner of DigitIdeas, a business coaching company. I balance my career at Fujitsu with running a coaching businessI start my day working at Fujitsu on our technology vision. My advice to others to avoid career regrets is to be lighter, take the risk, and try it with a smile.
Persons: Cristiano Bellucci, , I've, DigitIdeas, could've, you'll, Lauryn Haas Organizations: Fujitsu, Sony, Service, Lycos, Smart, Innovation Circuit, lhaas Locations: Munich, Rome, Italy, Germany, intraprenuers, Brazil, America, San Francisco, Europe
Yi Ke Cao did her first internship at a hedge fund when she was 16. Joining a hedge fund as their youngest internUnexpectedly, an opportunity to intern at a hedge fund came to me when I was 16. That was when I chanced upon a two-week stint with a Singapore-based hedge fund, Modular Asset Management. Getting over my imposter syndromeCao spent two weeks interning at Modular Asset Management, a hedge fund based in Singapore. Interning at the fund as a 16-year-old was a pivotal moment in my career developmentLooking back, interning at the hedge fund was a pivotal moment in my life.
Persons: Yi Ke Cao, Cao, , Interning, interning Organizations: Service, Singapore's Nanyang Technological University, Asset Management, Modular Asset Management Locations: Singapore
Despite having a bachelor's and master's degree in chemistry — and sending out countless applications — Putro said he's had little luck in the job market. Putro shared his job search strategies — and why he's unsure whether his age is helping or hurting him on his job hunt. AdvertisementAfter losing his job, Putro didn't immediately start applying for jobs. Over the past decade, Putro said he's applied "irregularly" for jobs — anywhere between zero and 40 applications in a given month. He said he's not sure whether being 55 years old is helping or hurting him in the job market.
Persons: Chris Putro, hasn't, , he's, Putro, I've, it's, Putro didn't, Putro hasn't Organizations: Service, La Salle University, UCLA, LinkedIn, CBS, NBCUniversal Locations: Los Angeles
After being fired from her last job, she started her own business and is set to earn more than ever. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . When I switched to my second job out of college, I received a salary increase of about 20% and I felt like the possibilities were endless. I would say job pivoting has not only paid off in terms of my earnings increasing, but also my mental wellbeing. I now report to no one but myself, and I finally get to make a living on my own terms.
Persons: Megan Lieu, Lieu, , I've, who's Organizations: Service
Federal agency finds Globe Life tolerated nonconsensual touch, unwelcome genital exposure, sexual quid-pro-quos at top agency. EEOC says agents at the Globe Life agency were employees, not contractors. Equal Employment Opportunity Commission has found that Globe Life tolerated a "pervasive pattern of harassing conduct" against women at one of its top-producing sales agencies. American Income Life is one of five wholly owned subsidiaries of Globe Life that sell life, accident, and supplemental health insurance. Globe Life disclosed that risk in its filing this morning with the SEC and said it would fight any such lawsuit vigorously.
Persons: EEOC, , Arias, Mark P, Carey, Renee Zinsky, Michael Russin, she'd, Zinsky, AIL, Sarah Reay, Matthew D, Trina Orlando, Anne Rose Dana, King, Jennifer Haworth, Simon Arias, partied, marshaling, Globe, Panda, Wilmer Hale, Matt Darden, Abeni Mayfield, Department of Justice —, Deborah A, Kane, Amy Williamson Organizations: Globe Life, Service, Commission, Business, BI, Globe, Arias Organization, Securities and Exchange Commission, Wexford, King & Spalding, Las, Department of Justice, Research, SEC Locations: Southport , Connecticut, Wexford, Pennsylvania, Morgantown , West Virginia, Las Vegas, Columbia , Maryland, Pittsburgh
Companies requiring 5-day RTO will lose valuable employees, says Craig Levey, an employment lawyer. Levey lays out four steps employees can take if their company announces an RTO policy. Here are the steps I'd take if a client came to me about their company switching to a five-day RTO policy:1. Related storiesWell-written employment agreements will include a clause providing the employer with the flexibility the amend any and all terms. But if you have some leverage, you can negotiate into your employment agreement that you're going to be working remote or hybrid.
Persons: Craig Levey, Levey, , doesn't, you've, they'll, haven't, Jane Zhang Organizations: Service, Bennett, Belfort, Starbucks, Disabilities, Opportunity Commission Locations: P.C, Cambridge , Massachusetts, Newport, Seattle
Donald Trump narrowly captured each on his way to collapsing the Democrats’ vaunted “blue wall” in 2016. Wages going up. Wages going up. I talk to my friends, ‘Your wages going up?’ No. The pandemic-era stimulus checks, which Trump made a point of putting his name on, also come up regularly.
Persons: Hurley Coleman III, ’ ”, Phil Kerner’s, us, ” Kerner, , Barack Obama, Donald Trump, Joe Biden, ” Coleman, Kamala Harris, Hurley Coleman, Coleman, , ” Hurley Coleman Jr, , Phil Kerner, hasn’t, Edward, he’s, Kerner, George W, Bush, Guy, “ I’m, CNN –, CNN ‘, Trump ’ Kerner, I’m, “ It’s, Hurley Coleman Jr, Harris, HJ, He’s, Trump, Biden, that’s Organizations: CNN, Trump, General Motors, GM, of God, atrophied, Phil Kerner CNN, Republican, Democratic National Convention Locations: Saginaw , Michigan, Pennsylvania, Erie, Central Michigan, Erie , Pennsylvania, Saginaw
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