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☆ How stocks can roar by 10% into year-end, Citi US equity-trading head says
▼ + stars: | 2024-09-24 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The stock market could jump as much as 10% by the year-end, Citi's stock-trading strategy head said. He said the economy only needs to avoid a recession, which will ultimately depend on the labor market. And that is now a plausible scenario," the firm's head of US equity-trading strategy told Bloomberg TV on Tuesday. If this is achieved, stocks can surge another 5% to 10% by the end of this year, Kaiser said. But though the Fed emphasized that it was not forecasting a looming downturn during its latest policy meeting, it all hinges on incoming labor market data, he noted.

Persons: Stuart Kaiser, —, Citi's Stuart Kaiser, Kaiser, Morgan Stanley Organizations: Bloomberg, Service, Federal Reserve

☆ A Gen Z college student who drives for Uber Eats and DoorDash shares how he uses 'multi-apping' to make money
▼ + stars: | 2024-01-11 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

Between his commute to school and gig work, Kaiser said the Nissan Sentra he bought in mid-2021 already has over 85,000 miles on it. Balancing work with school takes practiceKaiser said his food delivery and Kohl's gigs have sometimes left insufficient time for his academics. If he has too much on his plate, he'll sometimes take a whole week off from food delivery. After graduation, Kaiser hopes to land an entry-level IT job and scale back his Uber Eats and DoorDash hours. But for now, he said he values his food delivery gigs, which have provided him not only a flexible income stream but some positive social interactions.

Persons: —, Joseph Kaiser doesn't, Kaiser, Uber, Zers, Gen, who's, Kaiser's, I've Organizations: Service, University of Central, Business, Kohl's, Microsoft, Nissan Locations: University of Central Florida, Kohl's, Kaiser

☆ Kaiser healthcare unions say weeklong strike possible early next month
▼ + stars: | 2023-10-09 | by ( Steve Gorman | ) www.reuters.com time to read: +3 min

[1/2] Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, U.S. October 4, 2023. The Coalition of Kaiser Permanente Unions said on Monday it has served the company notice that a weeklong "follow-up strike is possible" starting Nov. 1 unless the two sides come to a settlement beforehand. The company did not have an immediate response to the unions' latest strike deadline. The strike, which ran for three days, marked the largest work stoppage to date in the healthcare sector. Kaiser said it kept its hospitals and emergency departments open during the walkout, staffed by doctors, managers and "contingency workers."

Persons: Julie Su, Su, Kaiser, Steve Gorman, Sriparna Roy, Caroline Humer, Shinjini Ganguli, Matthew Lewis Organizations: Healthcare, Kaiser Permanente Los Angeles Medical Center, Permanente, REUTERS, Kaiser Permanente, Coalition, Kaiser Permanente Unions, Union, Kaiser, District of Columbia, Thomson Locations: United States, Los Angeles , California, U.S, Kaiser, California, California , Oregon, Washington, , Colorado, Virginia, Seattle, Los Angeles, Bengaluru

☆ Strike by 75,000 Kaiser Permanente healthcare workers enters third day
▼ + stars: | 2023-10-06 | by ( Steve Gorman | ) www.reuters.com time to read: +6 min

Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, U.S. October 4, 2023. Kaiser has said its hospitals and emergency departments have remained open despite the walkout, staffed by doctors, managers and "contingency workers." In any case, Lucas said the striking workers will all return to their jobs by 6 a.m. on Saturday, 72 hours after the strike began, because healthcare workers by law must give advance notice of 10 days of any intent to go on strike. However, the union on Friday warned of another strike if "Kaiser executives continue to commit unfair labor practices and bargain in bad faith." The Kaiser strike has idled more than 75,000 employees, union officials said.

Persons: Kaiser, Julie Su, Caroline Lucas, Lucas, Steve Gorman, Ahmed Aboulenein, Bhanvi, Bill Berkrot, Robert Birsel, Anil D'Silva Organizations: Kaiser Permanente Los Angeles Medical Center, Permanente, REUTERS, Kaiser Permanente, District of Columbia, Labor, Coalition, Kaiser Permanente Unions, Kaiser, Union, Unions, U.S . Bureau of Labor Statistics, Washington D.C, Thomson Locations: United States, Los Angeles , California, U.S, Kaiser, California , Oregon, Washington, , Colorado, Virginia, California, Las Vegas, California , Colorado , Oregon, Hawaii , Georgia, Los Angeles, Bengaluru

[1/7] Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, U.S. October 4, 2023. "After six months of bargaining with the Coalition of Kaiser Permanente Unions, including a marathon effort that went through last night and into today, our bargaining sessions unfortunately ended without a settlement," Kaiser said. They are represented by the SEIU United Healthcare Workers West. The Kaiser labor coalition, made up of eight unions representing medical professionals and support staff, insists the company needs to hire 10,000 new healthcare workers to fill current vacancies. Kaiser nationwide employs 68,000 nurses and 213,000 technicians, clerical workers, and administrative staff, alongside its 24,000 doctors.

Persons: Kaiser, Christina Andersen, Michael LeRoy, Ahmed Aboulenein, Bhanvi Satija, Bill Berkrot, Navaratnam 私 Organizations: Healthcare, Kaiser Permanente Los Angeles Medical Center, Permanente, REUTERS, Rights, Kaiser Permanente, Reuters, Coalition, Kaiser Permanente Unions, U.S . Bureau of Labor Statistics, District Columbia, Kaiser, Labor, Tenet Healthcare, SEIU United Healthcare Workers, SEIU, University of Illinois, D.C Locations: United States, Los Angeles , California, U.S, California , Oregon, Washington , Colorado, Virginia, Claremont , California, California, Los Angeles, Las Vegas, University of Illinois Urbana, Champaign, Washington, California , Colorado , Oregon

[1/2] A Kaiser Permanente health care center is pictured in Anaheim, California, U.S., October 3, 2023 as more than 75,000 Kaiser Permanente healthcare workers could go on strike from Oct. 4 to Oct. 7 across the United States. REUTERS/Mike Blake Acquire Licensing RightsCompanies Kaiser Permanente FollowWASHINGTON, Oct 3 (Reuters) - Kaiser Permanente appeared headed for a labor clash with 75,000 of its healthcare workers as union leaders said contract talks had stalled on Tuesday, leaving the two sides hours away from a threatened three-day strike in several states. Kaiser said its hospitals and emergency departments would remain open in the event of a strike, staffed by doctors, managers and other non-union "contingency workers." As of Tuesday, the Coalition of Kaiser Permanente Unions said the healthcare giant had yet to offer acceptable terms to address severe staffing shortages, or to embrace adequate improvements in pay and benefits sought by the workers. Staffing levels have been a major sticking point, with the union insisting Kaiser needs to hire 10,000 new healthcare workers to fill current vacancies.

Persons: Mike Blake, Kaiser Permanente, Kaiser, Caroline Lucas, Hilary Costa, Ahmed Aboulenein, Steve Gorman, Bill Berkrot, Gerry Doyle Organizations: Kaiser Permanente, Permanente, REUTERS, D.C, Union, Coalition, Kaiser Permanente Unions, Kaiser, U.S . Bureau of Labor Statistics, Thomson Locations: Anaheim , California, U.S, United States, California , Oregon, Washington, , Colorado, Virginia, Georgia, Hawaii, California , Colorado , Oregon, Los Angeles

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