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☆ TikTok videos show exasperated Target shoppers battling carts that lock in place — and it shows how anti-theft measures make the shopping experience worse
▼ + stars: | 2023-01-06 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Nearly 2 million shopping carts are stolen each year, costing retailers an estimated $800 million. Videos of shoppers battling anti-theft devices on carts in a Target parking lot have gone viral on TikTok. A TikToker going by the name Taylor Ann cheerfully narrates in a video of the moment, which has amassed over 4.4 million views on TikTok. Taylor Ann acknowledges the technology has been around for years, but it can still come as a surprise when it arrives at your store. The Food Marketing Institute meanwhile estimates that 2 million shopping carts are stolen each year, costing retailers an upwards of $800 million globally.

☆ Execs from top firms like Morgan Stanley and Vanguard share tips for how to cut costs when moving to the public cloud
▼ + stars: | 2023-01-05 | by ( Carter Johnson | Bianca Chan | ) www.businessinsider.com time to read: +8 min

When Vanguard first made a push into the public cloud, Michael Carr, the firm's chief technology officer, knew realizing savings was a key part of the move. Collaboration is keyAs with most technology applications, there's a human behavior element to cloud cost savings. At Capital One, it took years to build a culture of collaboration between technology and finance teams within the bank's centralized cloud expense management division, Johnston said. Before, the finance team would send the tech team an aggregate bill at the end of each month and "that was kind of the end of the story," Johnston said. Speaking the same language has instilled a greater sense of empathy across different teams, like finance, technology, business, and others.

☆ Being short in equities makes the risk reward look good, says Cantor's Eric Johnston
▼ + stars: | 2023-01-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBeing short in equities makes the risk reward look good, says Cantor's Eric JohnstonEric Johnston, Cantor Fitzgerald head of equity derivatives and cross asset, joins 'Closing Bell: Overtime' to offer his playbook for equities in 2023.

Several Latinos whose lives and work left a profound imprint on American institutions — from arts and entertainment to legal and civil rights — passed away in 2022. Cavazos began his education in a two-room schoolhouse on the King Ranch in Texas, where his father was a foreman. President Reagan named Cavazos Secretary of Education in 1988, making him the first Hispanic ever to serve in the U.S. Together, “Luis” and Maria” showed young audiences that Latinos were people who worked, fell in love and were part of their community. Her goals were to give Latinos a presence in the dance world, and to instill pride in Hispanic culture.

☆ Walmart, Walgreens, CVS, and more are locking away more products to deter theft — and it's driving some customers away
▼ + stars: | 2022-12-29 | by ( Ben Tobin | ) www.businessinsider.com time to read: +3 min

Retail theft led to roughly $94.5 billion in losses for retailers in 2021, per a recent NRF survey. Retailers have been locking away more items to protect them from potential theft. But that has led to customers abandoning certain stores, shoppers nationwide told Insider. Walmart, CVS, Walgreens, and Rite Aid are among the retailers that lock up products as a security measure. And earlier this month, Walmart CEO Doug McMillon sounded the alarm on theft, saying "stores will close" unless it is abated.

☆ Monarch butterflies made a historic rebound this year, but my photos from 'Butterfly Town, USA' are disappointing and sad
▼ + stars: | 2022-12-24 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +11 min

California's monarch butterflies made a miraculous rebound from nearly disappearing in 2020. I visited Pacific Grove, AKA "Butterfly Town, USA," to see the monarch migration for the first time. Monarch butterflies fly at the Sierra Chincua butterfly sanctuary in Angangeo, Michoacan state, Mexico. Monarch butterflies fly at the Sierra Chincua butterfly sanctuary in Angangeo, Michoacan state, Mexico. When I was a child, I didn't see monarch butterflies, but they were already in decline.

☆ NHL roundup: Blues' Jordan Kyrou nets first hat trick
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +6 min

Jordan Binnington made 33 saves for the Blues, who have won the first three outings of a five-game road trip. It was the second consecutive game, and fifth on home ice this season, that the Canucks lost 5-1. Nic Dowd scored goals 11 seconds apart in the second period and had an assist on Orlov's game-winner. He remains at 800 career goals, one behind Red Wings legend Gordie Howe for second place on the all-time list. Jeff Skinner and Lawrence Pilut also scored goals for the Sabres, who won their fourth straight game and completed a sweep of a three-game Western road trip.

☆ Struggling to Find Accountants, Businesses Boost Salary Offers, Hire Temporary Workers
▼ + stars: | 2022-12-19 | by ( Mark Maurer | ) www.wsj.com time to read: +7 min

Companies’ accounting and finance departments in particular, which are crucial for managing financial operations, internal controls and financial reporting, are suffering from the lack of personnel. It has 20 to 30 open finance and accounting positions globally, Mr. Juillard said. Companies also try to retain the finance and accounting workers they have. “Securing that talent has been the biggest problem,” Mr. Thorpe said. GEE used to elevate staff accountants to senior accountants in one to three years and to managers in three to six years, Mr. Thorpe said.

☆ Organized retail crime has ballooned into a $100 billion problem — and store employees are dying over it
▼ + stars: | 2022-12-18 | by ( Avery Hartmans | Ben Tobin | ) www.businessinsider.com time to read: +9 min

Organized retail crime increased by 26.5% in 2021, according to the National Retail Federation. It's organized retail crime, and it's a nearly $100 billion problem for the industry. A 2022 study the National Retail Federation conducted found that organized retail crime at retailers surged by 26.5% in 2021 compared to the year prior. Organized retail crime is not the $10,000 jewelry heist you see in the movies, Jake Stauch, the director of product for the security company Verkada, said. The rise of e-commerce has, in large part, fueled organized retail crime.

☆ The soft-landing narrative is in trouble, and that's making stocks look expensive
▼ + stars: | 2022-12-16 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

There's also a rebalancing of the S & P 500 at the close. This doesn't usually cause a lot of mayhem, but there have been an unusually large number of options contracts that were still open Thursday. S & P 500 option open interest (puts+calls) (contracts, target price, followed by contracts) 4,000: 300,000 3,950: 150,000 3,900: 125,000 3,850: 80,000 Source: Interactive Brokers This is a lot of open interest. "Once it was clear 4,000 [on the S & P 500] was not holding, we sold off quickly and abruptly," he said. The index options prices are set by the opening prices on the S & P 500 on Friday, so expect a huge rush of volume at 9:30 a.m.

☆ Wall Street's shift to the public cloud hasn't come cheap. From dashboards to automation, here's how firms like Morgan Stanley and Vanguard are keeping costs down while using the tech.
▼ + stars: | 2022-12-16 | by ( Carter Johnson | Bianca Chan | ) www.businessinsider.com time to read: +8 min

But the pay-as-you-go subscription model associated with the cloud can also lead to higher expenses when usage goes unchecked. Collaboration is keyAs with most technology applications, there's a human behavior element to cloud cost savings. At Capital One, it took years to build a culture of collaboration between technology and finance teams within the bank's centralized cloud expense management division, Johnston said. Before, the finance team would send the tech team an aggregate bill at the end of each month and "that was kind of the end of the story," Johnston said. Speaking the same language has instilled a greater sense of empathy across different teams, like finance, technology, business, and others.

☆ Equities are in a lose-lose scenario no matter where the economy goes, says Cantor's Eric Johnston
▼ + stars: | 2022-12-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEquities are in a lose-lose scenario no matter where the economy goes, says Cantor's Eric JohnstonEric Johnston, Cantor Fitzgerald, joins 'Closing Bell: Overtime' to discuss the markets after a busy week that included a new CPI report and the Fed raising interest rates 50bps.

☆ Watch CNBC’s full post-market discussion with Cantor's Eric Johnston, Hightower’s Stephanie Link and Jennison Associates’ Erika Klauer
▼ + stars: | 2022-12-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full post-market discussion with Cantor's Eric Johnston, Hightower’s Stephanie Link and Jennison Associates’ Erika KlauerCantor's Eric Johnston, Hightower’s Stephanie Link and Jennison Associates’ Erika Klauer join 'Closing Bell: Overtime' to discuss the markets after a busy week that featured a new CPI report and the Fed raising interest rates by 50bps.

☆ The US may have lost in the World Cup, but soccer is more popular than ever in America
▼ + stars: | 2022-12-12 | by ( Harry Enten | ) edition.cnn.com time to read: +36 min

The Atlas Lions made history as the first African team to reach a World Cup semifinal. They made history as the first all-female refereeing crew for a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament. Less spoken about is that they also rate better on television than the men do in the World Cup. We’ll just have to wait and see, though with the US, Canada and Mexico hosting the 2026 World Cup, soccer isn’t going away anytime soon.

☆ Dozens of Washington Commanders employees hurt by ‘toxic work culture’ over 2 decades, House Oversight Committee finds
▼ + stars: | 2022-12-08 | by ( Antonio Planas | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +7 min

Dozens of employees of the Washington Commanders were harmed for more than two decades because of a “toxic work culture” in which sexual harassment and bullying were pervasive, according to a scathing report released Thursday by the House Oversight Committee. The NFL and Washington Commanders were not immediately reached for comment Thursday afternoon. "Rather than address issues of workplace misconduct head on, the NFL has deferred responsibility to its clubs. The allegations were made by six former employees of the Washington, D.C., NFL franchise during a House Oversight Committee roundtable on toxic workplace culture. Representatives for the team, renamed the Commanders released a statement from Snyder on Thursday denying the allegations from the hearing.

Companies TC Energy Corp FollowBENGALURU/WINNIPEG, Dec 8 (Reuters) - Canada's TC Energy on Thursday said it shut its giant Keystone pipeline due to an oil spill into a Kansas creek, and it is unclear how long the line will be closed. The 622,000 barrel-per-day Keystone line is the primary artery shipping heavy Canadian crude from Alberta to refiners in the U.S. Midwest and the Gulf Coast. Keystone shut the line at about 8 p.m. CT on Wednesday (2 a.m. Thursday GMT) after alarms went off and system pressure dropped, the company said in a release. "The system remains shut down as our crews actively respond and work to contain and recover the oil," the release said. Two Keystone shippers said TC had not yet notified them how long the pipeline may be shut down.

☆ Croatia beats Japan on penalties to reach World Cup quarterfinals
▼ + stars: | 2022-12-05 | by ( Ben Church | ) edition.cnn.com time to read: +28 min

CNN —Goalkeeper Dominik Livaković made himself a national hero as Croatia beat Japan on penalties 1-1 (3-1) to reach the World Cup quarterfinals. Marko Djurica/ReutersJapan’s heartbreakDespite its defeat, Japan can look back at an impressive World Cup campaign. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Mbappé was one of the leading stars of the team's World Cup triumph four years ago. He also became just the third goalkeeper to save three penalties in a single World Cup shootout.

☆ Japan vs. Croatia: Samurai Blue aiming to reach World Cup quarterfinals for first time
▼ + stars: | 2022-12-04 | by ( Aimee Lewis | ) edition.cnn.com time to read: +31 min

CNN —In a World Cup of surprises, Japan has played a leading role in headline-making shock results. Croatia is a team undefeated in nine of its last 10 World Cup matches. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Frappert became the first woman to referee a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament.

☆ USMNT’s youth and talent at Qatar 2022 bodes well for 2026 World Cup
▼ + stars: | 2022-12-04 | by ( Issy Ronald | ) edition.cnn.com time to read: +31 min

The Netherlands knocked the USMNT out of the Qatar World Cup on Saturday. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Frappert became the first woman to referee a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament. Qatar is the first Islamic country to host a World Cup.

☆ France reaches World Cup quarterfinals with 3-1 victory over Poland as Kylian Mbappé breaks Pelé’s record
▼ + stars: | 2022-12-04 | by ( Matias Grez | ) edition.cnn.com time to read: +30 min

CNN —France was made to work hard for its place in the World Cup quarterfinals, overcoming an improved Poland side 3-1 thanks to goals from Olivier Giroud and Kylian Mbappé. That is Mbappé’s fifth goal of Qatar 2022 and already his ninth World Cup goal overall, breaking Pelé’s record of seven World Cup goals scored before the age of 24. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Issei Kato/Reuters Kylian Mbappé scores his second goal on November 26, leading France to a 2-1 victory over Denmark. Mbappé was one of the leading stars of the team's World Cup triumph four years ago.

☆ We're now turning quite bearish, says Cantor Fitzgerald's Eric Johnston
▼ + stars: | 2022-12-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're now turning quite bearish, says Cantor Fitzgerald's Eric JohnstonEric Johnston, head of equity derivatives and cross asset at Cantor Fitzgerald, joins 'Closing Bell: Overtime' to discuss today's jobs report and whether the stronger-than-expected number has dashed any hopes for a year-end rally.

☆ Is this the last Christmas for Sears?
▼ + stars: | 2022-11-29 | by ( Chris Isidore | ) edition.cnn.com time to read: +13 min

Easterling was at the Sears in her hometown of Jersey City, New Jersey, one of only 15 full-line Sears stores still open. The two started a catalog business selling watches and jewelry in 1888, incorporating under the Sears Roebuck name in 1893. The Sears catalog was the way many Americans first started to buy mass-produced goods. File photo/AP People shop inside a Sears store in Morton Grove, Illinois, in 1961. AP Soldiers guard a Sears store in Baltimore after riots broke out following the assassination of Martin Luther King Jr. in 1968.

☆ Croatia's Vlasic replaced by Livaja against Canada
▼ + stars: | 2022-11-27 | by ( ) www.reuters.com time to read: +1 min

DOHA, Nov 27 (Reuters) - Croatia's Nikola Vlasic was left out of their starting side to face Canada in their second World Cup Group F game at Khalifa International Stadium on Sunday. Vlasic, who was substituted at halftime in their opening 0-0 draw with Morocco after suffering a calf injury, was replaced in the starting line-up by Marko Livaja in the only change to the side. Canada's Atiba Hutchinson will become the first man to win 100 caps for the country after he was named in their staring line-up. Cyle Larin came in for Junior Hoilett in the only change to the Canada side that were beaten 1-0 by Belgium in their opener. Teams:Croatia: Dominik Livakovic, Ivan Perisic, Dejan Lovren, Mateo Kovacic, Andrej Kramaric, Luka Modric, Marcelo Brozovic, Marko Livaja, Borna Sosa, Josko Gvardiol, Josip Juranovic.

☆ Judge to decide on Florida face-biter insanity plea
▼ + stars: | 2022-11-26 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

Lea Johnston, a University of Florida law professor, said that only about 1% of felony defendants try an insanity defense because the bar to succeed is so high. About a quarter of those succeed, usually in a pretrial deal where prosecutors agree that the defendant’s mental illness meets the standard. She said for insanity defenses that reach trial, defendants who waive a jury have the most success. Judges understand the system, she said, while jurors often worry that defendants acquitted by reason of insanity will be released sooner. Austin Harrouff told McGraw he was escaping a demon he called Daniel and only has vague recollections of the slayings.

☆ 6 red flags a company isn't what it seems — and you probably shouldn't take the job
▼ + stars: | 2022-11-26 | by ( Susan Johnston Taylor | ) www.businessinsider.com time to read: +6 min

Several experts told Insider what red flags indicate a company may not be great to work for. No matter how appealing a job sounds on paper, if you come across these six red flags when interviewing at a company, it might be best to pass it over for a better opportunity. The job description is vagueEven for a brand-new role, the hiring manager should have a clear picture of what it entails. They're being cagey or defensive around compensationThe last thing any job seeker wants is to interview multiple times for a job without knowing if the pay meets their expectations. "If a company won't accommodate, that's also a red flag," Monaghan said.

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