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☆ Struggling Everton sack manager Lampard - reports
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +2 min

[1/5] Soccer Football - Carabao Cup Second Round - Fleetwood Town v Everton - Highbury Stadium, Fleetwood, Britain - August 23, 2022 Everton manager Frank Lampard before the match Action Images via Reuters/Ed SykesJan 23 (Reuters) - Everton have sacked manager Frank Lampard, British media reported on Monday, after a poor run of form that has left the Premier League club in a relegation battle. Lampard was appointed by Everton in January 2022 after he managed Chelsea from 2019-2021 and Derby County in the second tier in 2018-19. The 44-year-old was sacked as Chelsea manager in January 2021, having returned to the west London club where he holds the goalscoring record. He took over at Everton after the Merseyside club parted ways with Rafa Benitez, continuing the managerial revolving door at a club struggling to revive former glories. Everton next host leaders Arsenal on Feb. 4 followed by the Merseyside derby at Liverpool on Feb. 13.

☆ Workplaces can do 1 simple thing to help employees grow, says expert: 'If you could do that for $1 per leader, you should'
▼ + stars: | 2023-01-09 | by ( Natasha Piñon | ) www.cnbc.com time to read: +1 min

It's a paltry sum for many companies, but when spent intelligently, it can help promising employees become effective leaders, says Katy Tynan, a principal analyst at Forrester who co-published the report. Without quality leadership, employees become disengaged at work, leading to retention issues. That means if five employees making $100,000 annually quit, your company might need to spend $500,000 replacing them. The problem: Leadership development isn't something you can simply throw money at. Here's her advice for employees who want support, and workplaces struggling to retain them.

☆ Hundreds of Tesla owners in China protested after missing out on big price cuts, report says
▼ + stars: | 2023-01-08 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Tesla owners in China gathered at delivery hubs and outlets to protest price cuts, per Reuters. The EV maker has cut prices in China for the second time in three months, with some missing out. Tesla cut prices in China for the second time in three months on Friday as it struggles to make sales. EV makers have been forced into sudden price changes in recent months as big car makers raise their game and the global economy sours. But Tesla's move to cut prices in China more reflects depressed demand due to years of COVID-19 lockdowns, as well as Tesla's floundering share price and its big bet on a Shanghai factory.

☆ Elon Musk throws out Twitter's political advertising ban in a quest for revenue to save his floundering social media company
▼ + stars: | 2023-01-04 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

Elon Musk is lifting Twitter's ban on political ads. Billions are spent on political ads each year. Twitter will be "expanding" the amount of political advertising allowed on the platform and "relaxing" current rules around all "cause-based" advertising, the site's safety department said on Tuesday. TV advertising falls under the oversight of the Federal Communications Commission, which does not fact check any form of advertising, political or otherwise. Since Elon Musk took over Twitter at the end of October, the company's finances have deteriorated as brands and advertisers fled.

☆ Ron DeSantis Outlines Second Term as Governor, Steers Clear of Donald Trump
▼ + stars: | 2023-01-03 | by ( Cameron Mcwhirter | John Mccormick | ) www.wsj.com time to read: 1 min

Florida Gov. Ron DeSantis with his wife, Casey, and their children during an inauguration ceremony in Tallahassee, Fla.Florida Gov. Ron DeSantis , a potential leading Republican presidential contender in 2024, attacked what he called “faddish ideologies” and Washington’s “floundering federal establishment” in remarks Tuesday at the inauguration of his second term. Mr. DeSantis, 44 years old, said the state’s law-and-order agenda and its rejection of severe restrictions during the height of the Covid-19 pandemic had motivated people from other states to move to Florida in recent years. In December, the U.S. Census Bureau declared Florida—with 22.2 million residents—to be the nation’s fastest-growing state from 2021 to 2022.

☆ Here's what's next for the tech sector in 2023
▼ + stars: | 2023-01-03 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +4 min

I'm your host, Jordan Parker Erb, and I've got some news: Today is my last edition of 10 Things in Tech. Below, we're taking a look ahead at the new year, and discussing what's next for the tech sector. Wall Street analysts explain why they think tech is headed for a huge rebound in 2023. Tech companies saw a challenging 2022, but analysts at Wedbush say the industry will grow in the coming year, with nowhere to go but up. The past 12 months have been volatile for the ad industry — and it foreshadows even more change in 2023.

In 2023 markets may be plagued by ongoing inflation and recessionary fears. Here are the 20 books to read in 2023 to help you make smart investment decisions. But looking ahead, 2023 may be very similar to the current macroeconomic environment characterized by a brewing recession, sticky inflation, and plunging equities. In every economic cycle there's always opportunities to make money — if investors know where to look. Insider asked a number of veteran Wall Street investors which books they're reading or most looking forward to reading in the new year to shed some light on their investing strategies and how they plan to cope with ongoing economic uncertainty.

☆ Where's Ye? The lawyers who dropped Kanye West after his antisemitic tirades can't locate him to say they've quit.
▼ + stars: | 2022-12-29 | by ( ) www.businessinsider.com time to read: +6 min

The lawyers can't find him to tell him they've quit, and West isn't responding to texts. Lawyers for Greenberg Traurig were able to serve West with documents telling him they no longer wanted to represent him. In that case, held in federal court in California, US District Judge George H. Wu allowed Greenberg Traurig to withdraw on December 2. In court documents first reported by The Sun and reviewed by Insider, lawyers for Thomas St. John said on December 19 that they couldn't serve West with the lawsuit. West's previous lawyers — presumably the ones at Greenberg Traurig — told the management firm they no longer represented West, and the firm couldn't locate any replacement firm.

☆ Russia-Ukraine war has shocked Putin — and military vets like me
▼ + stars: | 2022-12-28 | by ( John Nagl | John Nagl Is A Retired Army Officer | Associate Professor Of Warfighting Studies At The Army War College. These Views Are His Own | ) www.nbcnews.com time to read: +4 min

I was mostly convinced that the brave and strong Ukrainians would fall to the inexorable logic of numbers in war. The Russian military did not plan for a prolonged fight. The Russian military also did not train for a prolonged fight. Putin’s efforts to restore the Russian military to its Soviet-era glory have been marred by corruption. The United States is again supplying arms to a brave people resisting a Russian invasion.

[1/2] Boeing Commercial Sales and Marketing Vice President Ihssane Mounir attends a news conference at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 20, 2019. Ihssane Mounir has been named senior vice president of global supply chain, Boeing Commercial Airplanes Chief Executive Stan Deal said in an email to employees. Mounir was previously senior vice president of commercial sales and marketing. Among other moves, Deal said Brad McMullen, vice president of commercial sales North America, would succeed Mounir in his sales position while Kim Smith was named to the new role of vice president of Boeing Global Services (BGS) Total Quality. Deal told reporters last week that Boeing faces a number of supply-chain issues.

☆ 10 ‘recession-proof’ jobs that will be in demand even during a potential economic downturn in 2023
▼ + stars: | 2022-12-21 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

With soaring inflation, a floundering stock market and layoffs hitting several industries, the future of the job market is uncertain at best. "The worst is yet to come," the International Monetary Fund warned in its latest report, adding that for many people, 2023 "will feel like a recession." Still, there are reasons to be cautiously optimistic about the job market heading into 2023. While no job is completely immune to economic headwinds, certain roles are posed to fare better than others during a potential economic downturn in 2023, according to a new report from Payscale. Here are 10 of the most "recession-proof" occupations that offer strong job security during economic downturns, per Payscale's research:

CNN —The special master review of evidence seized from former President Donald Trump’s Mar-a-Lago estate is no more. Judge Aileen Cannon on Monday formally dismissed the case, which Trump brought to challenge the Mar-a-Lago evidence collection and in which she appointed special master Raymond Dearie, another judge, to make recommendations on whether prosecutors could access evidence. The dismissal of the case now gives the Justice Department full access to tens of thousands of records and other items found among documents marked as classified in Trump’s beach club and private office. The court told Cannon the case must be dismissed and there will be no further proceedings before Cannon in the Southern District of Florida. That critique culminated in a scathing opinion from an appellate court panel – stacked with GOP appointees – that tore apart Trump and Cannon’s rationale for why the special master was necessary.

☆ China's stunning reversal on lockdowns showed that mass protests can influence policy change in the country — but experts say it still doesn't threaten Xi's regime
▼ + stars: | 2022-12-11 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

But experts on China say it's unlikely the protests will embolden future political movements. The changes come after protests against COVID measures erupted all across China — rare for a country where dissent is snuffed out quickly. Baogang He, the chair of international relations at Deakin University in Australia, agreed that the protests show how mass anger can influence government policy, but not regime change. "No one is strong enough to exploit or dare to use these protests to mount a challenge to Xi Jinping," Xi, the professor, told Insider. Chong said that although Xi holds extensive power in China, the protests and subsequent rollback both underscore how he can make major mistakes, too.

☆ Larry Page, Sergey Brin Post-Google Lives: Investments, Yachts, Islands
▼ + stars: | 2022-12-11 | by ( Hugh Langley | Rob Price | ) www.businessinsider.com time to read: +33 min

Even before their retirement from Google, Page and Brin relied heavily on their respective family offices to bring order to their worlds. The Bay Area headquarters of Koop, Larry Page's family office, is nondescript and gives little indication of the billionaire's empire. Insider; Marianne Ayala/Insider Show less Bayshore Global Management, Sergey Brin's family office, is based in Palo Alto and has a bit more of a public face. Insider; Marianne Ayala/Insider Show lessThe difference in styles holds true for Brin's family office, Bayshore Global Management. The CEO of Page's family office is Wayne Osborne, a former elder in the Presbyterian Church who attended Princeton Theological Seminary.

☆ Arielle Charnas' company, Something Navy, is floundering amid dwindling sales, an employee exodus, and furious suppliers
▼ + stars: | 2022-12-08 | by ( Katie Warren | ) www.businessinsider.com time to read: +36 min

From the outside, it doesn't look as if Charnas' company is in trouble. Mark Sagliocco/Getty Images for Beach MagazineSeveral former employees told Insider they cut ties with Something Navy because they saw signs the company was struggling. Several current and former Something Navy employees told Insider they'd been inundated with emails since the spring from suppliers, freelancers, and models asking where their money was. In one email viewed by Insider, Scanlan told a supplier that cash was tight but promised payment was on the way. The current Something Navy employee said that based on data she'd seen, the retail locations most likely don't turn a profit.

☆ Video shows the rescue of an overboard cruise-ship passenger who survived 20 hours fighting jellyfish and eating bamboo
▼ + stars: | 2022-12-05 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

James Michael Grimes, age 28, survived nearly 20 hours treading water in the Gulf of Mexico. "My worst fear is drowning," Grimes told ABC. The Coast Guard shared video of the rescue, below, including footage of Grimes floundering in the sea and waving his arms. At 2:30 p.m., the ship reported the missing passenger to the Coast Guard. The Coast Guard said it deployed "several rescue crews," and Carnival said the Valor "retraced its route to support the search and rescue."

☆ Bob Iger’s biggest challenge at Disney: Finding the next Bob Iger
▼ + stars: | 2022-11-30 | by ( Frank Pallotta | ) edition.cnn.com time to read: +5 min

New York CNN Business —Bob Iger has a lot on his to do list in his second round as Disney’s CEO. Finding the next Bob Iger. Josh D’AmaroLet’s start with Josh D’Amaro, chairman of Disney’s Parks, Experiences and Products, who took over that role from Chapek when he became CEO. Jimmy Pitaro & Dana WaldenThere also are two executives from Disney’s TV side: Jimmy Pitaro, chairman of ESPN and Sports Content, and Dana Walden, chairman of Disney General Entertainment Content. The next Bob IgerIs it even possible to replace Bob Iger?

☆ 'Crypto is dead': Wall Street analyst explains why FTX's collapse won't benefit Coinbase
▼ + stars: | 2022-11-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

"I think crypto is dead, and I think that investing in Coinbase is just a waste of time," Mizuho analyst Dan Dolev said on Friday. The Wall Street analyst doesn't expect Coinbase to benefit from the collapse of rival crypto exchange FTX. "I think crypto is dead, and I think that investing in Coinbase is just a waste of time," Dolev said. Instead, the sole driver of prices, and therefore value, in crypto tokens is supply and demand, and demand is floundering. "What we're talking about here is these crypto tokens.

☆ Video shows the moment a helicopter rescued a cruise-ship passenger who fell overboard and survived up to 22 hours floating in the Gulf of Mexico.
▼ + stars: | 2022-11-26 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +3 min

A 28-year-old man fell overboard off a Carnival cruise ship and survived 22 hours of treading water. The US Coast Guard rescued him via helicopter Thursday night, calling it a "Thanksgiving miracle." The 28-year-old survived up to 22 hours treading water in the Gulf of Mexico and was responsive when rescued, according to the Coast Guard. The Coast Guard shared video of the rescue, below, including footage of the man floundering in the sea and waving his arms. At 2:30 p.m., the ship reported the missing passenger to the Coast Guard.

☆ Retail expert Dana Telsey breaks down the holiday season's potential winners and losers
▼ + stars: | 2022-11-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

"I think this holiday season's gonna be about in-person shopping," Telsey said on "Squawk Box" Friday morning. The winners Bath & Body Works is one company that typically does well but surprised during its third quarter while other retailers struggled, she said. For the fourth quarter, Bath & Body Works expects per-share earnings between $1.45 and $1.65 compared with a StreetAccount forecast of $1.54. Bath & Body Works stock has shed 42.1% in 2022, more than the S & P 500's 14.3% drop. "When you walk the shopping center during Black Friday, that's where you're gonna see some of the longest lines," Telsey said, referring to Bath & Body Works.

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☆ As Amazon's Alexa unit faces layoffs, insiders describe a department in crisis
▼ + stars: | 2022-11-21 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Today, we're taking a look inside the rise and fall of Amazon's Alexa unit, and detailing more potential layoffs at Twitter, so we're not off to a great start — but let's keep our fingers crossed. Employees took us inside Amazon's floundering Alexa unit. With Amazon's Alexa — and the devices team at large — the prime target of the biggest layoffs in the company's history, Insider's Eugene Kim spoke with more than a dozen employees to understand the current state of the unit. Employees told Insider a combination of low morale, failed monetization attempts, and lack of engagement across users and developers made them feel as though the team was deadlocked over the last few years. Here's everything employees told us.

☆ A top oil analyst explains why oil is about to surge to $120 - and stay there for 2 years as Europe battles supply shocks
▼ + stars: | 2022-11-15 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Come December, oil prices in particular will come under pressure as the European Union imposes fresh sanctions on Russia. Oil prices are about to hit $120 a barrel, and they're likely going to stay high for two years. The Energy Aspects senior analyst said that Europe is facing troubling supply issues that are unlikely to go away anytime soon. "OPEC's been very protective of making sure there's a floor to prices," Gallarati said. What's something that you think could help ease oil prices heading into 2023?

☆ Binance just bought FTX. Here's how rumors of insolvency and fears of contagion led Sam Bankman-Fried into a deal.
▼ + stars: | 2022-11-09 | by ( Phil Rosen | ) www.businessinsider.com time to read: +8 min

Here's the short of it: The once-top-dog crypto firm, FTX, helmed by 30-year-old billionaire Sam Bankman-Fried, is being bought by Binance amid significant liquidity issues and rumors of insolvency. But Binance CEO Changpeng "CZ" Zhao seemed to think saving a floundering FTX was worth the risk of any future downside. CoinDesk published a revealing report on November 2 about the crypto trading firm Alameda Research, another branch of Sam Bankman-Fried's empire. It turns out that the trading firm held billions of dollars' worth of FTX's native token, FTT. Anthony Georgiades, co-founder of blockchain company Pastel Network told me he doesn't think Binance is too concerned about making those investors whole again at this point.

☆ The key to finding a job after 12 years off isn't throwing around resumes 'like confetti,' says a military mom of 3. She found a different way — and a job she loves
▼ + stars: | 2022-11-06 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Cassie Glubzinski, 36, began her job search in January after nearly 12 years away from the workforce. Despite the Great Resignation, many Americans haven't found the job search as easy as some suggest. "I felt woefully inadequate because when it came to writing work experience, my experience was 10 years old," she said. "So it's cyclical because you're wanting to work, but you need work experience to work, but you need the job to get the work experience." "It was very much right place, right time, right background, and right homework done," she said.

Chinese equities make up 31% of the MSCI Emerging Market index (.MIEF00000PUS), a popular stock index that many funds track and benchmark their performances against. Fund research firm Morningstar tracks nine new emerging market ex-China equity mutual funds and exchange-traded funds (ETFs) that were created this year, matching the number of launches in total over the previous two years. If Aubrey was to remove China from its emerging market strategy, the Indian market would take a significant portion, while the rest will be spread around other countries including Vietnam, Brazil and Mexico, he said. OUTFLOWSAndrew McCaffery, Fidelity International's global chief investment officer, said they have received increased requests from clients for emerging markets excluding China strategies, although the purpose was to “break China out as an allocation separately within global portfolios”. “The challenge is that they (global investors) are not going to be quick to add back in,” he said.

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