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☆ Goldman Sachs just promoted 608 employees to the coveted role of managing directors. See the full list here.
▼ + stars: | 2023-11-02 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.

Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun Khalid Sunil Khandelwal Scott Kilpatrick Jenny Kim Ashley King Joel Klaus Rene Klos Rossitsa, Michael Kondoleon Gregory Kontopoulos Larry Kornreich Shrivathsa Kota Konrad Krallmann Ken Kraska Alexander Kretzberg Bryant Krongard Simon Kubbies Adam Kulik Peter Kulka Ajeya Kumar Aditya Kurella Sara Lachapelle Raagini, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary LeDonne, Allison Lee Michael Lee Soohyun Lee Victoria Lewis Alice Li Qing Li George Lin Ali Lippert David Lipworth Bozhena Lisko, Murphy Mark Littlewood Zhenyi Liu Yelli Lobel Avinash Lobo Burke Loeffler Gabriela Lopez Cristian Lopez, Balboa Carlos Lopez Torrero Stephanie Louie Edward Lowe Reynolds Lowry Fei Luo Ranjan Luthra Sangeetha M Martin Ma Matthew Maciaszek Michael Magee Steffen Mahringer Poonam Majithia Terres Maloney Gopal Manchikanti Jade Mandel, Manfay Varun, Pierre Marboeuf Matt Margolin Thiago Marinheiro Kevin Martens Masato Maruyama Lucinda Mataka Rishi Mathur Pierre Maugest Scott Maxfield Andrei Maxim Michael McClurg Selina McCole Jeff McCown Andrea McGee Sinead McGuigan John McGuinness Benjamin McRoberts Amit Mehrotra Gaurav Mehta Kelly Mellecker Josef Menasche Raf Mercado Alexander Mielke Rachel Miles Christopher Miller Megan Miller Robert Miller Max Minton Edward Mitchell Oliver Money Tyler Moni Anna Montvai Taylor Moore Anthony Moschella Brandon Moy Faraz Munaim Sasha Munn Ashok Musuvathy Negar, Julian Naden Robinson Hiroki Nagamine Srijith Nair Cornelius Namiluko Sanjiv Nanwani Jay Narain Robert Andranik Nazarian Jovan Negovan Ryan Newman Michael Ng, Tasuku Nishihara John Nixon Kristy Nomi Alexandre Nunes Patrick O'Callaghan Yusuke Ochi KC O'Connor David Olivares Erica Olsen Victoria Ortengren Anas, Peter Pace Robert Packwood Nitin, Ellen Pak Ruth Pan Pedro Panizo Jayshri, Rahul Parikh Dan Parisi Freddie Parker Phil Parsons Peter Paruch Paul Pate Bella Patel Preya Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India

☆ The allure of Tennessee: Why Floridians are trading their sandy beaches for a quieter life
▼ + stars: | 2023-10-31 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

Floridians, Texans, and Californians in particular are relocating there for a slower pace of life. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementLindsey Moore, a mom of three and a dental technician who posts about her life on TikTok @lindseyswagmom , recently extolled the virtues of her new home state: Tennessee. She said many Floridians are packing up for places like Knoxville, Tennessee; Greenville, South Carolina; and Huntsville, Alabama, which she collectively calls "the Villes." "People are moving to simpler places because the places that they're leaving are becoming very, very complicated."

Persons: —, Lindsey Moore, TikTok @lindseyswagmom, Moore, didn't, Texas —, Rachael Wedekind, Jamie Foreman, Holly Meyer Lucas, Meyer Lucas, they're, Michael Tyler Organizations: Texans, Service, Volunteer, Memphis, . Software, Oracle, Facebook, Sunshine, Golden State, Knoxville Locations: Tennessee, Floridians, Knoxville, Nashville, Memphis, Florida, California, Texas, New York, Pennsylvania, Smoky, Relocators, Miami, Orlando, Tampa, Knoxville , Tennessee, Greenville , South Carolina, Huntsville , Alabama, Sacramento, Jonesborough

☆ A top Cisco executive says he was successful despite skipping college, but still pushed his kids to go because he may just be a one-off
▼ + stars: | 2023-10-31 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Meads still encouraged his kids to go to college because he was worried his success was a one-off. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementCisco's top executive in the UK has something in common with Bill Gates: he doesn't have a college degree and doesn't think you need one either. "I never did anything academically beyond my GCSEs [exams taken at 16 in the UK] and never went to university," Meads told Fortune. But Meads still pushed his children to go to university because he was worried that his success might be a one-off.

Persons: David Meads, Meads, —, Bill Gates, Fortune, you've, didn't, Paul Allen, it's Organizations: Cisco's, Service, Ireland, Siemens, Meads, Harvard University, Microsoft

☆ Lobster dinners, luxury goods, and go karting: everyday travelers are splashing out on their cruises
▼ + stars: | 2023-10-28 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

Onboard spending jumped from an average of $66 a day to $81 a day from the second quarter of 2019 to the same time in 2023. AdvertisementAdvertisementFrom WiFi to fancy dinners to go-karting at sea , cruise travelers have been spending big at sea. In the third quarter of 2021, Arnold Donald, the former president and CEO of Carnival Corp, was already noting "off the charts" onboard spend . Amid the influx of ultra-cheap cruises , onboard spend caught up to and surpassed 2019 levels before fares did. "It's a longer sales cycle that helps build that overall onboard revenue product," Mark Kempa, Norwegian's executive vice president and CFO, said during the call.

Persons: —, Arnold Donald, it's, Holland America —, Robin Farley, Patrick Scholes, Brittany Chang, Harry Sommer, Sommer, Mark Kempa, Jason Liberty, Liberty, Scholes, We're, couldn't Organizations: Service, Carnival Corp, Holland America, UBS, Truist Securities, Farley Travelers, Royal, Norwegian Cruise Line Holdings, Royal Caribbean Group, MSC, Cartier, Rolex Locations: Royal Caribbean, CocoCay, Norwegian

“The biggest thing there is Reggae music and classic country music,” Brooks said. “I never would have thought that I would be performing at a country festival as an artist in Miami, being from Miami. “We believe that this could become a destination festival, where people come for Miami and country music,” Albareda said. "We have a long-term commitment to Country Bay as a festival, and we have a long-term commitment to Miami," Albareda said. Besides hosting one of the largest country events in Miami's music history, the Country Bay Music Festival will include a country-themed bar, games, food, line dancing, a mechanical bull and a giant Ferris wheel.

Persons: Leo Brooks, Brooks, ” Brooks, George Jones, Hank Williams, Willie Nelson, ”, Thomas Rhett, Sam Hunt, Chris Young, Lee Brice, Lainey Wilson, Randy Houser, Chris Lane, Elle King, Blanco Brown, Josh Ross, Hailey Whitters, David J, Kat, Alex, “, Lauryn Hill's, Pitbull, Tim McGraw, Andrew Millsaps, Nelson Albareda, Albareda, ” Albareda Organizations: MIAMI, —, Union, Bay Music, Miami Marine, Neon Union, ”, Bay, Ultra, Miami Marine Stadium Locations: Miami, Nashville, Roatán, Honduras, downtown, Virginia, Biscayne Bay, LOCASH, North Carolina, South Florida, U.S, Biscayne, Miami's, Bayfront

☆ Model Sues Abercrombie & Fitch Saying Former CEO Ran Sex Trafficking Ring
▼ + stars: | 2023-10-28 | by ( Hannah Getahun | Associated Press | ) www.businessinsider.com time to read: +5 min

A male model sued Abercrombie & Fitch, saying the company allowed its former CEO to exploit models. The lawsuit comes after the BBC published a report with claims the CEO ran a sex trafficking ring. CEO Mike Jefferies 'sexually abused his many victims' the lawsuit said. AdvertisementAdvertisementA former model for Abercrombie & Fitch on Friday sued the fashion retailer, alleging it allowed its former CEO Mike Jeffries to run a sex-trafficking organization during his 22-year tenure. Men said they were exploited or abused, and others noted that modeling opportunities were tied to participation in sex acts.

Persons: Mike Jefferies, —, Fitch, Mike Jeffries, Jeffries, Abercrombie, Matthew Smith, David Bradberry, Smith, Brian Bieber, Bieber Organizations: Abercrombie, Fitch, BBC, Service, Court, Southern, of Locations: of New York, New York, New Albany , Ohio

NEW YORK (AP) — A former model for Abercrombie & Fitch on Friday sued the fashion retailer, alleging it allowed its former CEO Mike Jeffries to run a sex-trafficking organization during his 22-year tenure. Jeffries, who left Abercrombie in 2014, converted the chain from an struggling retailer of hunting apparel to a seller of must-have teen clothing. The lawsuit comes after a BBC report earlier this month raised similar allegations against Jeffries and his partner Matthew Smith. Political Cartoons View All 1223 ImagesThe lawsuit names Jeffries, Smith, and the Jeffries Family Office LLC. It seeks class-action status and estimates that over a hundred young models, in addition to Bradberry, were victims.

Persons: —, Fitch, Mike Jeffries, Jeffries, Abercrombie, Matthew Smith, David Bradberry, “ Jeffries, Smith, “, ” Jeffries, Brian Bieber, ”, Bieber, Anne Organizations: Abercrombie, BBC, Southern, of Locations: U.S, of New York, New York, New Albany , Ohio

☆ Growing up in Uruguay, I thought college was a pipe dream. But I was accepted into Harvard with no help from consultants or private tutors.
▼ + stars: | 2023-10-27 | by ( Milagros Costabel | ) www.businessinsider.com time to read: +4 min

I grew up in Uruguay; my family couldn't afford tutors or consultants to help get me into Harvard. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementI asked the forum whether there was any possibility that a kid from Uruguay with no access to private tutors or consulting services would be able to get into Harvard. I learned and became empowered by the power of my story, which is something that no consulting service could ever replicate.

Persons: —, didn't Organizations: Harvard, Service, Ivy League, College Confidential Locations: Uruguay, Harvard

☆ Mitt Romney told Biden 'you look old when you shuffle' and needed to take longer strides when he walks: book
▼ + stars: | 2023-10-24 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

According to a new book, Romney encouraged the president to change how he walks. Romney later said that he thought both Biden and Trump needed to step aside. AdvertisementAdvertisementRepublican Sen. Mitt Romney of Utah has bonded with President Joe Biden over getting old. "Romney gave some advice for appearing more vigorous in public," journalist McKay Coppins wrote in his biography of Romney, "Romney: A Reckoning." According to a Boston.com report, Biden later said his comments were a reference to Ryan saying he wanted to "unshackle" the economy.

Persons: Mitt Romney, Biden, Romney, Trump, —, Republican Sen, Joe Biden, McKay Coppins, You've, Coppins, What's, Judge Ketanji Brown Jackson, Jackson, Joe, Joe Manchin, Paul Ryan, Ryan, Donald Trump Organizations: Biden, Service, Republican, Supreme, West Virginia Democrat Locations: Utah, West Virginia, Romney, Virginia

☆ GoStudent, the $3 billion edtech darling, scaled fast and partied hard. The result was a mess.
▼ + stars: | 2023-10-24 | by ( Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com time to read: +23 min

These people were employees of GoStudent, an Austria-based online-tutoring startup that had quickly become the darling of the European tech scene. But 28 current and former GoStudent employees and tutors said they experienced a poorly run organization with clumsy management. Edtech companies "rarely have any major competitive advantage other than scale," a European venture capitalist who's not affiliated with GoStudent said. A GoStudent employee threatened to track down the petition's author using tutors' IP addresses, according to the German publication Handelsblatt. According to public documents updated in December 2022, GoStudent had shrunk to 15 markets and 1,500 employees, including its acquisitions.

Persons: Felix Ohswald, Gregor Müller, GoStudent, who'd, I'm, Heinz, Peter Meidinger, cofounders, Ferdinand von Hagen, Prada, GoStudent's, Dave Benett, Müller, —, Ohswald, Anthony Canavan, Canavan, Brutkasten, Norbert Wess, Harry Murphy, Duncan McIntyre, McIntyre, Neel Gupta, Anna Tuchy, Patrick Nadler, Nadler, Sarah Heuberger, Ross Slater Organizations: German Teachers ' Association, Employees, GoStudent, Conseil, prud'hommes, DBS, Safety Officers, Web, Getty, JP Morgan, Barclays, Deutsche Bank, TechCrunch, Organisation for Economic Cooperation Locations: Vienna, Austria, Silicon Valley, North America, South America, Europe, London, France, Soho , London, Dock, DACH, Germany, Switzerland, Spanish, Sweden, Swedish, GoStudent, Ukraine, Ibiza, GoStudent's, Deliveroo

☆ Dollar General took back job offers from applicants with high blood pressure and poor eyesight, a federal agency lawsuit claimed
▼ + stars: | 2023-10-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Dollar General rescinded job offers to applicants with high blood pressure or poor eyesight, an EEOC lawsuit claims. AdvertisementAdvertisementDollar General violated disability-discrimination laws by rescinding job offers to some applicants with high blood pressure or poor eyesight, a federal agency said in a lawsuit. AdvertisementAdvertisementThe retailer rescinded job offers for some qualified individuals with disabilities, even when these wouldn't affect their ability to safely carry out the job, the EEOC's suit claimed. "Any alleged discriminatory or otherwise unlawful behavior imputed to Dollar General was neither intentional, knowing, reckless, nor malicious," the retailer said. Insider contacted Dollar General for comment, but did not immediately receive a response, outside regular US business hours.

Persons: —, EEOC, GINA, Madeline Hughes Haikala, Bradley Anderson Organizations: Service, Commission, Dollar, Court, Northern, Northern District of, Disabilities Locations: Bessemer , Alabama, Bessemer, Alabama, Northern District, Northern District of Alabama, Birmingham , Alabama

☆ Don't expect ChatGPT to help you land your next job
▼ + stars: | 2023-10-22 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

Recruiters told Insider they caught candidates using the AI chatbot to write cover letters and answer questions. AdvertisementAdvertisementKnowing how to use OpenAI's ChatGPT could potentially help you land your next job — unless you trust the AI chatbot to apply for roles for you, recruiters told Insider. Shapiro admits that using ChatGPT can be "great' in helping applicants "brainstorm verbs" and reframe language that can "bring a level of polish to their applications." AdvertisementAdvertisementA "really bad practice"If used improperly, ChatGPT can actually stop a job applicant from moving forward in the hiring process. AdvertisementAdvertisementThe human touch may be what stops job candidates from getting replaced by AI.

Persons: —, ChatGPT, they've, Alex Shapiro, she's, Shapiro, Jasper, shouldn't, Coronini, he's, Lindsey Duran, Chris Foltz, Duran, Nvidia's Duran, Ashley Couto Organizations: Service, Nvidia, National Bureau of Economic Research, IBM Locations: Jasper

☆ 'Sticky' inflation is still high but that is a good sign for the health of the economy
▼ + stars: | 2023-10-19 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As interest rates skyrocketed over the last 18 months, inflation fell from a 40-year high during the summer of 2022. Laoshi/Getty ImagesMcCulley echoed this when asked if strong retail sales are sign that the economy is not coming in for a soft landing. In the short term, further declines in inflation could be difficult if people are spending money they saved during the pandemic. Strong consumer spending is a good sign, but the economy is not out of the woods yet.

Persons: it's, —, Daniel Greenhaus, Greenhaus, Paul McCulley, McCulley, Tim Quinlan, Quinlan, Laoshi, didn't, Tom Barkin, ZIlloq, Paul Bradbury, Patrick Harker, Harker Organizations: Service, payrolls, Georgetown's School of Business, Wells, Richmond, Getty Images, Fed Locations: Wells Fargo

☆ Citadel Securities is looking for business-savvy coders. Here's what you need to know to land a technologist job that can pay as much as $350,000.
▼ + stars: | 2023-10-19 | by ( Bianca Chan | ) www.businessinsider.com time to read: +7 min

Being a solid coder isn't going to cut it at Citadel Securities anymore. Citadel Securities, which generated about $7.5 billion in revenue last year, is now focused on hiring thoughtful technologists who drive commercial outcomes for the firm. We're looking for people who can drive a big commercial impact for the firm," Aaron Moss, head of technology recruiting for Citadel Securities, told Insider. In one recent case, Citadel Securities extended an offer to a promising young intern, even though the hiring manager had been looking for a more experienced hire. "The industry is getting very high level with things like AI, which push people even further away from that understanding," Neff told Insider.

Persons: Ken Griffin, Aaron Moss, Josh Woods, It's, Olga Naumovich, Jayson Bevacqua, opportunistically, Damien Neff, it's, Neff, Costas Bekas, extroverts, Bekas, didn't, Moss Organizations: Citadel Securities, Citadel, Solaris Search, LinkedIn Locations: Miami

☆ Google cuts dozens of jobs in news division
▼ + stars: | 2023-10-18 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

Google cut dozens of jobs in its news division this week, CNBC has learned, downsizing at a particularly sensitive time for online platforms and publishers. An estimated 40 to 45 workers in Google News have lost their jobs, according to an Alphabet Workers Union spokesperson, who didn't know the exact number. A Google spokesperson confirmed the cuts but didn't provide a number, and said there are still hundreds of people working on the news product. The cuts in Google News follow widespread layoffs across many parts of the company this year. In January, Google announced it was cutting 12,000 jobs, affecting roughly 6% of the full-time workforce.

Persons: We're, We've, Sen, Michael Bennet, TikTok, Thierry Breton, Breton, Sundar Pichai, Neal Mohan, Google's, they've Organizations: Google, CNBC, Google News, Alphabet Workers Union, Union, YouTube, EU's Digital Services, LinkedIn Locations: Israel, Gaza, Russia, Ukraine, Canada

☆ Golf simulators, doggy daycare, flexible leases, and free rent: Why now may be the best time to shop for a new office
▼ + stars: | 2023-10-17 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +14 min

Now may be the time to shop for an office lease. As office vacancies soar to record highs in some markets, office landlords often have no choice but to find new and creative ways to attract new clients. "When you have 55-year-old managing partners of a law firm looking for office space, and they see the golf simulator, they get pretty excited," he said. Long-term leases, which usually feature landlord-financed renovations to the office space, are now being offered with lease-termination options. Office landlords without access to this capital level are often left with only one lever: renting below market price.

Persons: Michael Cohen, Michael Lirtzman, Anthony Tahlier, Andrew Lustgarten, Lirtzman, Sterling, Lustgarten, it's, Matt Petit, Goldman Sachs, Risa Letowsky, Letowsky, Watts, Tishman Speyer, aren't, That's, Cohen, they've, he's, hasn't Organizations: Colliers, Kastle Systems, West Chicago, Sterling Bay's, Century, El, New, Palm, Chase, Wall, JPMorgan, Deutsche Bank, Adler, Stachenfeld, Silverstein, Lawyer Locations: Chicago, Bian, Sterling, Los Angeles, New York, Miami, Liberty, Chase Manhattan, Alamo, CBRE, Los Angeles and New York, LA, United States

LONDON (AP) — A financial analyst who was fired by Citibank after claiming a two-sandwich lunch on expenses has lost a legal battle for wrongful dismissal. A British judge has ruled that the bank was entitled to sack Szabolcs Fekete for gross misconduct because he lied when he claimed to have consumed two sandwiches, two coffees and two pasta dishes during a work trip, when he had really shared them with his partner. Fekete, a financial crime expert working for the bank in London, sued for wrongful and unfair dismissal. But he continued to claim he ate all the food himself. Fekete later claimed he had been undergoing personal problems after the death of his grandmother, was on medical leave from work and was on medication while he was answering emailed questions about his expenses claim.

Persons: Szabolcs Fekete, Fekete, ” Fekete, Caroline Illing, Citibank “, ” Organizations: Citibank, British, Financial Locations: London, Amsterdam

☆ A biographer spent years following Elon Musk and Steve Jobs. Here's how he says they're alike — and how they're different
▼ + stars: | 2023-10-15 | by ( Sarah Jackson | Grace Kay | ) www.businessinsider.com time to read: +8 min

Walter Isaacson trailed Elon Musk for years and interviewed Steve Jobs over 40 times to write their biographies. Elon Musk's biographer, Walter Isaacson, once said that the Tesla CEO was "in some ways the Steve Jobs of our time." AdvertisementAdvertisementBoth Musk and Jobs had a "dark streak""When I was reporting on Steve Jobs, his partner Steve Wozniak said that the big question to ask was 'Did he have to be so mean? AdvertisementAdvertisementIsaacson said Steve Jobs (left) took on the role of "alpha male" at Apple and "marginalized" his cofounder Steve Wozniak (right). "As much as I think Steve Jobs is a total genius, Steve Jobs would design a product, be it the Mac or the iPhone, and then it would be thrown over the wall to some manufacturing facility in China or something.

Persons: Walter Isaacson, Elon Musk, Steve Jobs, —, Elon Musk's, Tesla, Jobs, Isaacson, Musk, Steve Wozniak, Grimes, " Isaacson, didn't, Kimberly White, Wozniak, Martin Eberhard, Tom Mueller, It's, Frederic J . BROWN, Musk's, Franz von Holzhausen Organizations: Service, Apple, Jobs, Twitter, SpaceX, Getty, Wall Street, Tesla, Economic, of New Locations: AFP, China, of New York

☆ Ed Dwight was NASA's first Black astronaut candidate in the 1960s. A new documentary tells his forgotten story.
▼ + stars: | 2023-10-14 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +10 min

Two decades before Bluford's flight, Ed Dwight was an Air Force pilot who trained to be the first Black astronaut. Whitney Young of the National Urban League urged Kennedy to push the Air Force to find and train the first Black astronaut. Dwight said the famed pilot felt slighted and not being included in the decision to train a Black astronaut. "All of a sudden we were able to hire astronauts who didn't look like the classic NASA astronaut," Bolden said. During his flight, Glover had a group call with Dwight, Bluford, Bolden, and other Black astronauts.

Persons: Ed Dwight, Robert Lawrence, NASA didn't, —, Guion Bluford, Bluford, Dwight, Lisa Cortés, hadn't, John F, Kennedy, Whitney Young, Cortés, Dwight wasn't, Chuck Yeager, Yeager, Frederick Gregory, Frederick Douglass, Rosa Park, Ella Fitzgerald, Martin Luther King, Craig F, Walker, Ed, Leland Melvin, Buzz Aldrin, Michael Collins, Bernard Harris , Jr, Arnaldo Tamayo Méndez, Ron McNair, Diego Hurtado de Mendoza, Charles Bolden , Jr, Tamayo Méndez, Gregory, Bolden, McNair, they'll, Charles Bolden, Melvin, de Mendoza, Katherine Johnson, Ed's, kickstart, Victor Glover, George Floyd, who's, Leland D, Victor, Glover Organizations: NASA, Service, Air Force, Black, Atlanta Constitution, National Urban League, Bettmann, Denver's, Denver, Getty, Soviet Union, Space Shuttle Challenger, Space Shuttle Columbia, Space Station, NASA’s Office, Education, Geographic, Disney Locations: Atlanta, Rosa, Cuban, Cuba, United States, Soviet Union

☆ Twitter illegally fired a worker who pushed back at Elon Musk's RTO demands, says NLRB
▼ + stars: | 2023-10-14 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Elon Musk's X has been accused of breaking federal law for firing an employee who complained about return-to-office mandates. Five days later she was fired for breaking an unspecified company policy. AdvertisementAdvertisementTwitter illegally fired an employee who complained about Elon Musk's return-to-office mandates, the National Labor Relations Board said. AdvertisementAdvertisementThe complaint says that Yao Yue, a principal software engineer, criticized Musk's policy, tweeting "don't resign, let him fire you," and posting "don't be fired. Yue was then fired five days later in November, with the only explanation given was that she'd violated an unspecified company policy.

Persons: Elon Musk's, Yao Yue, —, didn't, Musk, Slack, Yue, I’m, witter Organizations: Service, Twitter, National Labor Relations Board, NLRB, X, CNBC, ue 岳峣, EO Locations: usk

☆ Jamie Foxx plays attorney Willie Gary in new movie "The Burial." Ex-clients say the real lawyer is a creep who screwed them out of millions.
▼ + stars: | 2023-10-14 | by ( Jack Newsham | ) www.businessinsider.com time to read: +16 min

"The Burial" stars Jamie Foxx as real-life lawyer Willie Gary, who won a $500 million case in 1995. Elliott isn't the only ex-client of Willie Gary and his firm, Gary Williams Parenti Watson & Gary, to be angry about how she was treated. Lawyer Willie Gary poses for a selfie with a guest at a screening of "The Burial." Attorney Willie Gary and his client Don King speaking to the press in 2005. She has so far managed to seize $102,000 from an account the Gary firm had with Truist.

Persons: Jamie Foxx, Willie Gary, Gary —, —, Gary, Ernestine Elliott, Ford —, Elliott, Elliott isn't, Gary Williams Parenti Watson, Tommy Lee Jones, Luisa Esposito, Grant Halverson, Willie Gary's, Willie, couldn't, Jeremiah O'Keefe, O'Keefe, Loewen couldn't, Loewen, Gary Parenti, Don King, Jim McIsaac, Ford, schemed, he'd, Gary's cocounsels, Lawrence Fox, Fox, Bruce Green, Green, Gary didn't, Sharron Mangum, Mr, Mangum, Marietta Goodman, Coke, Jillian Nedd, Nedd, Ardria Clark, Tamesha Marshall, Pharr, Clark, Marshall, Ray Rogers, He's, leafleted, Rogers, Willie Lewis, Troy Fulks Jr, Fulks, Lewis, Esposito, she'd, didn't, Justice II, hasn't, Gary's, Debra Sweeting, it's, Sweeting, we're, Variety Organizations: Service, Disney, Nissan, Hollywood, reneging, Gary Parenti Facebook, Anheuser, Busch, Yorker, Group, New Yorker, Fordham, Cola, Coke, FBI, Gary, Florida Bar Association, Palm Beach Post, Florida Power, dimes, Finance Group, Wings, Justice, Boeing, Gary Foundation Locations: Georgia, Florida, Mississippi, New York City, New York, Palm Beach, Flint , Michigan, disbursements

☆ ‘A scary situation’: As Wall Street assails Harvard, students worry about their futures
▼ + stars: | 2023-10-14 | by ( Melia Russell | Tim Paradis | ) www.businessinsider.com time to read: +8 min

Ackman, in his initial tweet about Harvard, said that "a number of CEOs" shared his desire to publicly out the Harvard students who condemned Israel. Other business leaders were quick to echo his calls, winning plaudits on social media. In a visit to Harvard, Insider spoke with a range of students about the backlash to the statement on Israel. It's ironic, of course, to accuse students of silencing dissent when Ackman and other business leaders are seeking to do exactly that. But now, some Harvard students fear that the backlash from the business community will have a chilling effect on student speech.

Persons: Bill Ackman, they've, Israel, Marc Rowan, Meyer Davidoff, Kalita, Eden Mendelsohn, what's, " Melia Russell, Tim Paradis Organizations: Harvard, Wall, Big Law, University of Pennsylvania, Invictus Pharmacy, LinkedIn, Birkoa Capital Management, Penn, Twitter Locations: Gaza, Silicon, Israel, Silicon Valley

☆ I'm a financial dominatrix. People send me $1,500 a month to be humiliated and 'owned' – here's how it works.
▼ + stars: | 2023-10-11 | by ( Ryan S. Gladwin | ) www.businessinsider.com time to read: +6 min

Hope Vicious is a financial dominatrix whose "owned subs" send her money. Many were time wasters who didn't end up sending money, but within my first month, I was making money. But then they get all this free attention with no real intention of sending money. AdvertisementAdvertisementHow my findomme business worksSome people send money because they want to be humiliated or ignored, or I'll do a session with them. I have up to seven owned subs at a time.

Persons: Hope Vicious, —, It's, wasters, doesn't, There's, I've, I'm Organizations: Service, Twitter, Rolex, BMW Locations: Maryland

[1/33] A dove flies over the debris of houses destroyed in Israeli strikes, in Khan Younis in the southern Gaza Strip, October 11. And, with hundreds of Israeli strikes raining down on their tiny enclave, they have nowhere to run. The blitz is retaliation for a devastating attack on Israel by Gaza's ruling group Hamas which the Israeli military says killed more than 1,200 people. Men and boys stood near one of the few supplies in Khan Younis loading huge tanks onto three-wheeled rickshaws, carts they dragged by hand and a small wagon pulled by a horse. In Khan Younis, an ambulance stood at the end of an alleyway with its siren blaring, a man sat inside cradling his young daughter, their eyes staring wide from faces covered in dust.

Persons: Khan Younis, Abu Mustafa, Gaza's, Yamen Hamad, they'd, Yoav Gallant, Beit, Ala, Sheikh Radwan, Kafarneh, Youssef Dayer, Mahmoud Abbas, Fatah, Hisham Muhanna, Mohammad Abu Mughaseeb, Younis, didn't, they'll, Nidal al, Abir Al, Angus McDowall, Pravin Organizations: REUTERS, Hamas, Reuters, European Union, Israeli, Beach Refugee, United Nations, International Committee, Medecins Sans, Pravin Char, Thomson Locations: Gaza, Israel, Beit Hanoun, Khan, Egypt, United States, Canada, Japan, Gaza City, Zeitoun, U.N, Abir Al Ahmar, Dubai

☆ I quit my sales job to live in my Toyota Camry. The simpler life has helped me find happiness.
▼ + stars: | 2023-10-10 | by ( Alyshia Hull | ) www.businessinsider.com time to read: +7 min

Monica Maragos had a good paying job and was making good money when she quit her job to travel. AdvertisementAdvertisementShe downsized her clothes, her shoes and she began to live out of her Toyota Camry. When I was 18 and living in Florida, I got a good job and started making really good money in sales. I also wondered what would happen if I didn't like van life. If you quit your corporate job, significantly downsized your life, or relocated somewhere and would like to share your story, email Alyshia Hull at ahull@insider.com.

Persons: Monica Maragos, —, backpacked, I'm, I've, Maragos, it's, Alyshia Organizations: Service, Toyota Camry, Craigslist, Alyshia Hull Locations: Florida, North Carolina, ahull@insider.com

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