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☆ I'm an only child and moved far away from my parents. I feel guiltier as they get older.
▼ + stars: | 2024-12-26 | by ( Colleen De Bellefonds | ) www.businessinsider.com time to read: +5 min

I have two kids and my parents are older, and I realize how hard it is to be away from them. AdvertisementI didn't comprehend what it meant to be an only child living so far away from my parents. New York is already a seven-hour flight from Tucson, where my parents live, I rationalized. Our first child, Eloise, was at a "golden age" for travel. My parents chose to have one child because I was "all they wanted" (I'm still not convinced that's a compliment).

Persons: I'm, peed, she'd, Eloise, blissfully, Eloise's, We'd, Mochi peed, Skype mercifully, Thibault, haven't, Uber, that's, Frenchman Organizations: Paris -, Skype, Transatlantic Locations: New York, Paris, Tucson, France, Paris - Atlanta, Atlanta, bleary

☆ Parents, I know Elf on the Shelf is a hassle, but I promise you one day you'll miss it
▼ + stars: | 2024-12-21 | by ( Terri Peters | ) www.businessinsider.com time to read: +5 min

My kids are teenagers now, but they believed in Elf on the Shelf for more than a decade. When they were preschoolers, I'd set up elaborate displays showing Jingle and Garland (each kid had their own elf, naturally) pulling all sorts of pranks. Now that my kids have outgrown Elf on the Shelf, I miss itThe author would set up the Elf on the Shelf while her kids were sleeping. "I forgot to move the elves," I'd sometimes groan, warm under the covers and ready for bed. Memorize the faces and the giggles and the joy that Elf on the Shelf brings because, believe it or not, you will miss it one day.

Persons: I'd, Jesus, Terri Peters, Bernard —, we'd, it's, they'd, Garland, I'm, Barbie Locations: Santa Claus

☆ Inside the ‘brutal’ logistical challenge of staging a Formula One Grand Prix
▼ + stars: | 2024-12-06 | by ( Jack Bantock | Bijan | ) edition.cnn.com time to read: +7 min

“We’re talking about as many as 4,000 people (team staff) traveling to all the different races,” Duncan told CNN. Andrej Isakovic/AFP via Getty ImagesPressureSo, to take the Qatar Grand Prix as a case study, just how do they do it? That all adds up to approximately 50 tons of freight transported to every Grand Prix by each team. Mechanics work on Alonso's car ahead of the Qatar Grand Prix. Haas' Nico Hulkenberg on track during practice ahead of the Qatar Grand Prix at Lusail International Circuit on November 29.

Persons: Liam Parker, “, ”, Phil Duncan, ” Duncan, Andrej Isakovic, It’s, Aston Martin, Joe Micklewright, –, snagging, Micklewright, Mahmud Hams, “ We’ve, – Micklewright, Fernando Alonso’s, ” Micklewright, you’ve, You’ve, ’, Haas, Neil Hanley, Hanley, Haas –, we’ve, Nico Hulkenberg, Clive Mason, ” Hanley, haven’t Organizations: Qatar CNN —, Lusail, Prix, CNN, Getty, Qatar, Aston, Doha, US, Constructors, Circuit Locations: Doha, Qatar, Abu Dhabi, AFP, Las Vegas, Australia, ”, Silverstone, England, Italy

☆ Ms. Rachel, YouTube Star, Is Creating a Holiday Toy Frenzy
▼ + stars: | 2024-11-29 | by ( Sapna Maheshwari | ) www.nytimes.com time to read: +1 min

She was bleary-eyed and overwhelmed, as mothers juggling an infant and toddler tend to be, when she started scrolling TikTok and stumbled upon the children’s personality known as Ms. Rachel. Ms. Rachel is the star of a mega-viral YouTube channel created with her husband (known to viewers as “Mr. Aron”) who makes educational musical videos for the baby and toddler set, complete with bursts of animation and Broadway-worthy show tunes. She does a lot of peekaboo and dramatic wondering of “what’s in” boxes: “What’s in the box? Her goal: to work with her and her husband on a toy line for her company, Spin Master.

Persons: Laura Henderson, Rachel, Taylor Swift, Mr, Aron ”, Rachel Accurso, Herbie, Aron Accurso, Ms, Henderson Organizations: Spin Locations: Toronto

Transactional, personality-based and erratic, the Trump doctrine made for a chaotic four years that left both foreign leaders and seasoned American national security aides exhausted and jittery. World leaders are open to all options, including making trips to New York or Trump’s Mar-a-Lago estate in Florida, sources said. Foreign leaders are relying on their experience with Trump during his first presidency, when flattery and personal attention paid dividends, as they approach him following his win. And that, in the end, could sum up Trump’s foreign policy doctrine in a sentence. The first clues about Trump’s policy will be the appointments he makes to senior national security positions.”CNN’s Alayna Treene contributed reporting.

Persons: Donald Trump, Trump, Trump’s, he’s, Joe Biden, ”, Benjamin Netanyahu, Emmanuel Macron, Macron, “, Prince Mohammed bin Salman, Jamal Khashoggi, Mark Rutte, he’d, Shinzo Abe, Angela Merkel, Vladimir Putin —, —, Dmitry Peskov, “ Let’s, Kim Jong Un, Xi Jinping, Xi, Putin, It’s, Mike Pompeo, Keith Kellogg, Mike Pence, Richard Grenell, Brian Hook, John Herbst, United States — Putin, ” Herbst, Alayna Treene Organizations: CNN, Trump, American, NATO, Israeli, Saudi, CIA, Biden, State Department, Republican Party, Council’s Eurasia Center Locations: Paris, Jerusalem, Riyadh, Washington, Florida, —, Ukraine, North Korea, Iran, China, masse, Russia, New York, Lago, Trump, Taiwan, Beijing, Trump’s, Germany, “, United States, Europe

He received the news of Sinwar’s death with “deep sadness and pain because (Sinwar) is a noble resister” – and predicted he would soon be replaced. For Abu Fares, one of hundreds of thousands prevented from returning to their homes, Sinwar’s death is just a continuation of a brutal war. Palestinians say they remain skeptical over whether Sinwar's death will shift Israel's war, which has laid waste to swathes of Gaza. Omar Al-Qatta/AFP/Getty ImagesAround 70% of Palestinians killed by Israel’s strikes are women and children, according to the Hamas-run Government Media Office (GMO). Mahmoud Jneid, also displaced in Deir al-Balah, said the world’s focus should rest on civilian suffering – not Sinwar’s death.

Persons: Deir, Gaza CNN — Abu Mohammed, Mohammed, Yahya Sinwar, Sinwar’s, Gaza – Mohammed, ” Mohammed, ”, Israel’s, Sinwar, Omar Al, Majdal, “ Sinwar, Israel, “, Benjamin ) Netanyahu, Netanyahu, Akram Dabbour, –, ” Dabbour, that’s, Mustafa Barghouti, ” Barghouti, CNN’s Christiane Amanpour, Abu Fares, Suha Al Turk, Balah, Mahmoud Jneid, ” Jneid Organizations: Gaza CNN, Israel, CNN, Getty, Israel Defense Forces, Amnesty International, CUNY Institute, Ministry of Health, UN, Shifa, Media Office, Hamas, Amnesty Locations: Gaza, Deir al, Rafah, Jabalia, AFP, Al, Ashkelon – Sinwar, Israel, Gaza's Al, Nazla, Jabalya, Gaza City

☆ He told his mother there was ‘no way’ he’d meet someone in Australia. Then he fell in love at first sight
▼ + stars: | 2024-10-11 | by ( Francesca Street | ) edition.cnn.com time to read: +27 min

“Then, later on, when we left, she was like, ‘Oh, so you like him,’” recalls Wati. “But a week later, we decided to get together on a Saturday, and we spent most of the day together,” recalls Mike. “He’d mail them to me in these little padded envelopes,” recalls Wati. “Eventually, I was able to figure out how to get some credit for doing a paper at Melbourne University in January 1989,” recalls Mike. “She would stay for about a month or a little bit more,” recalls Wati.

Persons: Mike Grossman, Mike “, Mike, ”, There’s, “, —, he’d, I’d, ” Mike, bode, Melbourne’s Monash, Wati, Yanti, Michael, nudging, ’ ”, Wati Grossman, ” Wati, Paul, Gauguin, Andrew Lloyd Webber, I’m, They’d, “ Wati, Khan ’ —, we’re, He’d, who’d, Wati’s, Boston, they’d, Wati —, Kevin Costner’s, we’d, it’s, Wati Grossman —, Levis Strauss, Alex, Talia, Mike’s, Grossman, We’ve, he’s, they’re, we’ve Organizations: CNN, CNN Travel, Harvard Law School, Melbourne’s, National Gallery of Victoria, Star Trek, “, Australian Broadcasting Commission, Facebook, “ Technology, Sony, Radio, Melbourne University, Wati, Washington DC, New, Melbourne Botanic Gardens, Harvard Memorial Church, Harvard Memorial, Fashion Institute of Technology, Levis Strauss and Company Locations: Australia, Melbourne, Boston, California, San Francisco, American, Indonesian Australian, Indonesia, “, Wati, Radio Australia, Christmastime, New York City, Washington, New York, Botanic, United States, Hotel, Sydney, Sydney “, Silicon Valley, In California

☆ Confessions from 5 women who've dated men in finance
▼ + stars: | 2024-07-04 | by ( Maria Noyen | ) www.businessinsider.com time to read: +14 min

Read previewLast week, I went looking for women dating men in finance. Here, five women with firsthand experience dating a man in finance share their experiences. Some women dating men with demanding jobs discussed the challenges, from getting stood up due to work running late and endless conversations about golf and money. AdvertisementShe said she understands why people trying to pursue relationships with men in finance might wonder: "Does this guy even like me? He's been 'saving' his entire life for meAniesia Williams — a 43-year-old entrepreneur and chief client officer for a tech firm Epigen — had little experience dating men in finance.

Persons: —, Megan Boni, Boni, David Guetta, Finance Bro, Boni's TikTok, They're, Cristina Vanko gravitates, Vanko, Goldman Sachs, Spencer Platt, bro, Weren't, they've, Bro, Bob Thomas, Getty, Summer, she's, hasn't, it's, TikTok, He's, Aniesia Williams, Epigen —, Williams, Dennis Morrow, Morrow, Aniesia Williams Williams Organizations: Service, Trust, Business, Finance, League, Labor Statistics, JPMorgan, Getty, Rolex, Washington DC, Hamptons, BI, Bank of America Locations: Patagonia, United States, NYC, Berlin, Los Angeles, Chicago, Boston, Washington, Bumble, Raleigh , North Carolina, Charlotte, Raleigh

☆ She got on a flight to visit her boyfriend. Then she kissed a stranger she met on the plane
▼ + stars: | 2024-06-21 | by ( Francesca Street | ) edition.cnn.com time to read: +15 min

An airplane encounterAmy and Mike met on March 23, 2006, on an airplane about to depart Los Angeles International Airport. But then Mike apologized – half jokingly, half sincere – for ruining Amy’s flight. First in the coffee line, and later as they walked through the airport, Amy and Mike continued chatting. Mike didn’t want Amy to leave, but Amy wasn’t going to abandon a great career opportunity. Later this year, Amy and Mike hope to take their kids to Japan – an 11 hour plus flight from LAX.

Persons: Amy Osmun, she’d, Mike Gilberstadt, They’d, Amy, Mike, “, ”, wasn’t, Mike couldn’t, dietician, She’d, sauntering, Mike —, –, Mike –, Mike’s, I’d, he’d, Amy marveled, Mike didn’t, Amy wasn’t, ” He’s, Amy Gilberstadt “, Valentine, Amy Gilberstadt, ” Amy, “ I’d, I’ve, I’m, “ You’re, Barbies, ‘ I’ve, ” “, Amy’s, “ We’re, they're, Kelli Gase, they’ve Organizations: CNN, CNN Travel, Los Angeles International Airport, California State University, Amsterdam Schipol Airport, LAX, Scotland, TiVo, . Locations: Amsterdam’s, Scotland, Greece, Southern California, Amsterdam, California, Mike’s, Orange County, San Diego, Venice, Italy, Ireland, Hong Kong, India, Japan, China, Australia, New Zealand, Tahiti, United Kingdom, Alaska, Vermont

☆ PGA Championship: When Y.E. Yang became ‘The Tiger Killer’ to clinch Asia’s first men’s major trophy
▼ + stars: | 2024-05-15 | by ( Jack Bantock | ) edition.cnn.com time to read: +13 min

Tiger Woods, world No. Yang?’Despite his giant-slaying efforts, Yang was still relatively unknown when he pitched up to PGA Tour qualifying school the following season. Yang clinched his first PGA Tour title on his fourth start of the season at the Honda Classic to join K.J. Streeter Lecka/Getty Images“I wasn’t that nervous because it’s a game of golf,” Yang told reporters. The 24-year-old American stamped a last-minute ticket to Valhalla with his first PGA Tour victory at the inaugural Myrtle Beach Classic on Sunday.

Persons: Yang, –, Woods, ”, Joe, Mike Douglas, Yang –, Joe ”, fatefully, Yang toasts, ’, “, ” AJ Montecinos, texted, “ I’d, ” Montecinos, Montecinos, Jamie Squire, Choi, Montecinos –, Charles Baus, It’s, you’re, – it’s, Streeter Lecka, ” Yang, “ It’s, ” Woods, I’m, Hideki Matsuyama’s, Yang …, Christian Petersen, Montecinos ’, Chris Gotterup, Wanamaker, Tiger Organizations: CNN, Korean –, Hazeltine, Augusta National, –, CBS, European, HSBC, PGA Tour, PGA, Honda, K.J, Koreans, South Korean, Woods, Tiger, Hong, Korean, Southern Hills, Myrtle Beach Locations: Chaska , Minnesota, Jeju, Korea, Asia, Shanghai, China, Korean, Texas, San Antonio, Hazeltine, Woods, Hong Kong, Tulsa , Oklahoma, Valhalla, Kentucky

☆ A tax compliance startup raised millions. Then it abruptly shut down, and the founder cut off contact.
▼ + stars: | 2024-04-29 | by ( Ben Bergman | ) www.businessinsider.com time to read: +13 min

Even the human-resources firm retained to help employees with offboarding, Tandem, quit soon after the layoffs because it never got paid. Shannon Flynn Bevers, Tandem's president and founder, said that she tried to help employees but that Johnson stopped responding. "When startups go out of business, they will pay employees their final paycheck. Johnson told employees to take a weeklong furlough and blamed the issue on a technical snafu. She also told employees they could file a claim with their state labor department or hire an employment lawyer.

Persons: Slack, Shiloh Johnson, Johnson, they'd, Benjamin Matthews, Shannon Flynn Bevers, I've, Flynn Bevers, VCs, Josh Felser, Aerin Paulo, ComplYant's, I'd, ComplYant, podcaster David Sacks, Michael Tam, Tam, Matthews, Ryan Cady, Lusely Martinez, Martinez, Cady, paychecks, wasn't, Taliah McGuire, McGuire, what's, Shiloh Luckey, Penelope, We've Organizations: Business, offboarding, . Venture, BI, Craft Ventures, ComplYant, Mucker, Slauson, — Mucker, Fika Ventures, Employees Locations: Los Angeles, Shiloh, San Francisco, Colorado, New York, TikTok

☆ Hungry at 3 am? You’re out of luck now
▼ + stars: | 2024-04-06 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

Not even all of 24 Hour Fitness’ gyms — the promise is right in its name — are 24 hours. The city that never sleeps, New York, has lost 13% of its 24-hour restaurants. Around half of IHOP’s 1,800 locations are back to being open 24 hours on Friday and Saturday, at the very least. Ed Endicott/Alamy Stock Photo/FilePete’s was open 24 hours, seven days a week from the 1990s until the pandemic hit in 2020. Despite the signage, Mi Tierra is no longer open 24 hours in San Antonio, Texas.

Persons: hasn’t, Waffle, ”, Alex Barakos, Ed Endicott, Pete’s, Barakos, “, Hudson Riehle, Edward Hopper’s, Harold, Kumar Go, Stephen Zagor, Pete Cortez, Michael Silver Geo, “ There’s, ” Cortez, ’ ” Cortez Organizations: New, New York CNN, Walmart, Hollywood, Alamy, Bureau of Labor Statistics, “, National Restaurant Association, Edward Hopper’s Nighthawks, Columbia Business School, of Locations: New York, Covid, Los Angeles, Chicago, Denver, Philadelphia, White, ”, New York City, San Antonio, Mi, San Antonio , Texas, Tierra, tuxedos

☆ India’s Silicon Valley Faces a Water Crisis That Software Cannot Solve
▼ + stars: | 2024-03-31 | by ( Damien Cave | Atul Loke | ) www.nytimes.com time to read: 1 min

The water tankers seeking to fill their bellies bounced past the dry lakes of India’s booming technology capital. Their bleary-eyed drivers waited in line to suck what they could from wells dug a mile deep into dusty lots between app offices and apartment towers named for bougainvillea — all built before sewage and water lines could reach them. At one well, where neighbors lamented the loss of a mango grove, a handwritten logbook listed the water runs of a crisis: 3:15 and 4:10 one morning; 12:58, 2:27 and 3:29 the next. “I get 50 calls a day,” said Prakash Chudegowda, a tanker driver in south Bengaluru, also known as Bangalore, as he connected a hose to the well. “I can only get to 15.”

Persons: bougainvillea, “, ”, Prakash Chudegowda Locations: Bengaluru, Bangalore

☆ Facial Recognition: Coming Soon to an Airport Near You
▼ + stars: | 2024-02-18 | by ( Christine Chung | ) www.nytimes.com time to read: +1 min

On a recent Thursday morning in Queens, travelers streamed through the exterior doors of La Guardia Airport’s Terminal C. Some were bleary-eyed — most hefted briefcases — as they checked bags and made their way to the security screening lines. It was business as usual, until some approached a line that was almost empty. One by one, they walked to a kiosk with an iPad affixed to it and had their photos taken, as a security officer stood by. Within seconds, each passenger’s image was matched to a photo from a government database, and the traveler was ushered past security into the deeper maze of the airport. Some travelers, despite previously opting into the program, still proffered identification, only for the officer to wave it away.

Organizations: La Guardia, Delta Air Lines, Transportation Security Administration Locations: Queens, Guardia, La

☆ How one man’s walk across America became a journey of advocacy
▼ + stars: | 2024-01-20 | by ( Brammhi Balarajan | ) edition.cnn.com time to read: +7 min

That day, “tiny seeds were planted,” and Ringer got a sense that he could do this one day – he could walk across America. Courtesy Holden Minor RingerCreating walkable communitiesTo prepare for his journey – which started in March 2023 – Ringer started going on longer walks, eventually doing a nine-day walk from Vancouver to Seattle. He started off the journey with a backpack full of gear, but a lot has changed over the months. The journey also opened his eyes to the intense safety risks of walking through a country that centers around vehicle use. “At the start of the walk, I was thinking – maybe I want to walk across the world next.

Persons: CNN — Holden Ringer, he’s, Ringer, “, ” Ringer, didn’t, Forrest Gump, ’ ”, ” He’s, Holden Ringer, Holden, He’s, Smiley, it’s, ”, who’ve, –, he’d, hadn’t Organizations: CNN, KFC, Emory University, America Locations: America, Seattle, Georgia, Kansas, Atlanta, Nashville , Tennessee, Vancouver, Washington ,, New York, Connecticut, Oregon, Dia de, Boise , Idaho, Missouri, Colorado

First of all, there's no such thing as a “game clock” in tennis, in general, and no such thing as “too late” at the Australian Open and U.S. Open, in particular. … I haven’t been able to sit through one,” two-time Australian Open champion Victoria Azarenka said. The women's and men's professional tours announced just before the start of the Australian Open that they're instituting new rules this month to try to cut back on play after midnight. One problem: Those rules apply only to events run by the WTA and ATP — not Grand Slam tournaments. WHEN DOES MEDVEDEV PLAY NEXT?

Persons: Daniil Medvedev's, Rod Laver, Zero, Medvedev, “, let’s, Emil Ruusuvuori, That's, ”, John Isner, Isner, — Medvedev, Ruusuvuori, Anna Blinkova's, Elena Rybakina —, Rafael Nadal, Novak Djokovic, ” Djokovic, Lleyton Hewitt, Marcos Baghdatis —, Carlos Alcaraz, haven’t, Victoria Azarenka, “ It’s, Andy Murray, ” Murray, you’re, Coco Gauff, Felix Auger, ” Medvedev, John Pye, ___ Howard Fendrich, howard, fendrich Organizations: Rod Laver Arena, Melbourne Park, Wimbledon, Australian, England, U.S ., U.S, WTA, ATP, Tennis Australia, NEXT Locations: Melbourne, New York, Australia

It didn’t really matter what the oil painting and antiques vendors hawked. “He had this project to build the largest collection in Italy,” said Giuseppe De Gregorio, a televendor near Naples who sold thousands of paintings to Mr. Berlusconi. “He didn’t want important paintings. He wanted paintings. It was enough if they were painted with oil on a canvas.”

Persons: Silvio Berlusconi, ”, Giuseppe De Gregorio, Berlusconi, “ Locations: Milan, Italy, Naples

☆ This Durable Watch Is Perfect for Your Summer Travels—And It’s $60
▼ + stars: | 2023-07-25 | by ( Jeremy Freed | ) www.wsj.com time to read: +3 min

My immersion in all things Swatch yielded two important outcomes: a new appreciation for the brand’s archive of delightful designs, and a Once Again on my wrist. It’s a great style for everyday wear, but it’s also exactly what I want in a travel watch. The things that make the Once Again special are the same things that make any watch desirable, namely an appealing aesthetic, a unique design and a great story. It’s also lightweight, comfortable and at 34 mm, the perfect size for my wrist. I also know enough about expensive watches to understand that whether it costs $60 or $60,000, the most important thing about a timepiece is how it makes you feel.

Persons: Jeremy Freed, it’s, It’s Organizations: Swatch Locations: Swiss, Tokyo

☆ I got chauffeured in a $500,000 Rolls-Royce and saw firsthand how nice life is for the .1%
▼ + stars: | 2023-07-12 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

I got driven in the Rolls-Royce Cullinan SUV and Ghost sedan. The Rolls-Royce Cullinan starts at around $400,000. Getting whisked to my destination in a $500,000 Rolls-Royce Cullinan SUV provided an even fuller picture of the good life — and disproved once and for all the notion that you can't get any happier after making $75,000 per year. The Rolls-Royce Cullinan's headrest had trim that matched the cabin's blue theme. The Rolls-Royce Ghost is little sibling of the Phantom.

Persons: Royce Cullinan, Royce, I'd, Tim Levin, Royce Cullinan's, Cullinan, Royce Cullinan's headrest Organizations: Royce, SFO, BMW, TSA Locations: New York, San Francisco, Napa, Nobu, Riding, steerage

☆ Meet the 31-year old VC and self-made millionaire who faced Hong Kong loan sharks and his own fear of death
▼ + stars: | 2023-04-14 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +9 min

31-year old Maurice Ng came to the US with nothing after his family fled loan sharks in Hong Kong. It was a simple spreadsheet that inspired Maurice Ng at 29 to quit his job to become a venture capitalist. He deducted a little over 2,000 days for commuting time, and allowed himself 255 "regular sick days" and 10 "serious sick days." Assuming 3 meals a day, 365 days a year, 1 hour per meal, he deducted 5,817 days for eating. Despite the current turmoil in the tech industry and venture capital, Maurice seems to be inoculated against self doubt.

☆ Sergio Ermotti returns as UBS CEO to steer Credit Suisse takeover
▼ + stars: | 2023-03-29 | by ( John Revill | ) www.reuters.com time to read: +5 min

[1/5] Sergio Ermotti, newly rehired CEO of UBS Group AG attends a news conference in Zurich, Switzerland March 29, 2023. "Sergio has already reduced risk and made the investment bank serve its clients and not its investment bankers as Credit Suisse did. Reuters GraphicsErmotti had earlier described the task of integrating UBS and Credit Suisse as "urgent and challenging". The Dutch executive was a notable absentee from the announcement of UBS's takeover of Credit Suisse on March 19. The next day, Hamers looked bleary eyed as he described the end of Credit Suisse as a "sad day" that nobody wanted.

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☆ Ermotti returns to UBS to steer Credit Suisse takeover
▼ + stars: | 2023-03-29 | by ( John Revill | ) www.reuters.com time to read: +3 min

He takes charge weeks after UBS bought rival Swiss bank Credit Suisse in a shotgun merger engineered by Swiss authorities to stem turmoil after Credit Suisse ran aground. "Sergio has already reduced risk and made the investment bank serve its clients and not its investment bankers as Credit Suisse did. HAMERS HANDS OVER REINSErmotti said he was looking forward to integrating UBS and Credit Suisse. He was a notable absentee from the announcement of UBS's takeover of Credit Suisse on March 19. The next day, Hamers looked bleary eyed as he described the end of Credit Suisse as a "sad day" that nobody wanted.

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☆ UBS rehires Ermotti as CEO to steer Credit Suisse takeover
▼ + stars: | 2023-03-29 | by ( John Revill | ) www.reuters.com time to read: +3 min

ZURICH, March 29 (Reuters) - UBS Group AG (UBSG.S) has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse (CSGN.S) - a surprise move that seeks to take advantage of his experience in rebuilding the bank after the global financial crisis. He takes charge weeks after UBS bought rival Swiss bank Credit Suisse in a shotgun merger engineered by Swiss authorities to stem turmoil after Credit Suisse ran aground. The next day, Hamers looked bleary eyed as he described the end of Credit Suisse as a "sad day" that nobody wanted. "The board took the decision in light of the new challenges and priorities facing UBS after the announcement of the acquisition," UBS added. Ermotti said he was looking forward to integrating UBS and Credit Suisse.

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[1/2] CEO Ralph Hamers of Swiss bank UBS addresses the Annual Meeting of Swiss Financial Institute (SFI) in Zurich, Switzerland November 10, 2022. Hamers, with no big-ticket M&A experience under his belt, has cut his teeth reshaping a major Dutch lender mostly by selling businesses. Reuters Graphics Reuters GraphicsA nearly 30-year veteran of Dutch lender ING - he married a former colleague from the bank - Hamers was a surprise choice when he was appointed in early 2020 to lead UBS. UBS declined to comment on the matter on Monday but the bank said at the time that it had "full confidence" in Hamers. Former Unilever CEO and fellow Dutchman Paul Polman gave a Hamers a vote of confidence on Monday, telling Reuters that "Hamers is a purposeful leader certainly well prepared to lead Swiss banking through these challenging times."

☆ A Google software engineer says it was a 'slap in the face' to find out he was laid off via email after 20 years at the company
▼ + stars: | 2023-01-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Jeremy Joslin, a 20-year Google engineer, says being laid off via email was a "slap in the face." Jeremy Joslin, who according to his LinkedIn profile had worked at the tech giant since 2003, said on Friday that the company told him over email. "It's hard for me to believe that after 20 years at Google I unexpectedly find out about my last day via an email," he tweeted. After 17.5 years at Google, it was kind of a tough way to discover that I'd become a Xoogler." "Not the same company I started at 20 years ago," he said on LinkedIn.

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