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☆ HSBC 2023 results: $3 billion China writedown hits annual profit
▼ + stars: | 2024-02-21 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Of the total, $3 billion was related to BoCom, one of China’s biggest banks, while $2 billion was from selling its retail banking business in France. Separately, HSBC made $3.4 billion in provisions to cover expected credit losses and other charges related to its exposure to the commercial real estate sector in mainland China. The property market has since entered a prolonged slump, marked by an ongoing decline in real estate investment and sales of property. The charges reported by HSBC cast a shadow over its record annual profit, which came in at $30.3 billion, up 78% from 2022. In October, rival Standard Chartered reported a $186 million credit impairment charge related to commercial real estate in the country.

Persons: “, Matt Britzman, Hargreaves Lansdown, Mark Tucker, — Hanna Ziady Organizations: Hong Kong CNN — HSBC, China’s Bank of Communications, HSBC, HSBC isn’t, Chartered Locations: China, Hong Kong, Asia, France, BoCom, Mainland China

In November, a year after ChatGPT’s release, a relatively unknown Chinese start-up leaped to the top of a leaderboard that judged the abilities of open-source artificial intelligence systems. system as an alternative to options like Meta’s generative A.I. Mr. Lee’s start-up then built on Meta’s technology, training its system with new data to make it more powerful. Even as the country races to build generative A.I., Chinese companies are relying almost entirely on underlying systems from the United States. China now lags the United States in generative A.I.

Persons: Kai, Fu Lee, Lee, Lee’s Locations: China, United States

☆ Major companies in China are setting up their own volunteer armies
▼ + stars: | 2024-02-21 | by ( Laura He | ) edition.cnn.com time to read: +12 min

Hong Kong CNN —Chinese companies are doing something rarely seen since the 1970s: setting up their own volunteer armies. According to China’s Military Service Law, male militia members should be 18 to 35 years old. It was latest in a slew of militias established by major Chinese companies in the past year. After 1949, when the party took control of mainland China, the units were eventually embedded into governments, schools and companies. This can, in the long run, save the PLA resources by delegating some duties to militia forces to care for,” Heath said.

Persons: Xi, ”, Neil Thomas, Nuo Nuo, Huang Zhiqiang, Qilai Shen, Liu Jie, Mao Zedong, Mao, Timothy Heath, homebuyers, Heath, ” Heath, Willy Lam, Sam Yeh, ” Lam, China’s Organizations: Hong Kong CNN, CNN, People’s Armed Forces Departments, America’s National Guard, Communist, Asia Society, Center for, Communist Party, China Labour Bulletin, Foxconn, Yili, Armed Forces Department, China’s Military Service Law, People’s Liberation Army, PLA, government’s Communist Party, Inner Mongolia Autonomous, Bloomberg, Getty, Shanghai Municipal Investment Group, Construction Investment, Development, Defense Ministry, People’s Armed Police, Armed, Rand Corporation, Jamestown Foundation, Party, Taiwan Locations: China, Hong Kong, Center for China, Beijing, Zhengzhou, Henan, Hohhot, Inner Mongolia, Yili, Shanghai, Mengniu, Nantong city, Jiangsu, Huizhou city, Guangdong, Wuhan, Hubei province, People’s Republic, United States, Taiwan, Fangchenggang City, Guangxi, ”, PLA, Taiwan's, AFP

☆ The most daring looks celebrities wore at the 2024 People's Choice Awards
▼ + stars: | 2024-02-19 | by ( Amanda Goh | ) www.businessinsider.com time to read: +1 min

The 2024 People's Choice Awards took place in California on Sunday. While some celebrities wore neon colors, others opted for bold cut-outs and feather detailing. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe 2024 People's Choice Awards, hosted by Simu Liu, took place in Santa Monica, California, on Sunday. Several celebrities rocked up to the red carpet in bold, colorful outfits that featured cut-outs, ruffles, and feathers.

Persons: Heidi Klum, Lainey Wilson, Natasha Bedingfield, —, Simu Liu Organizations: Service Locations: California, Santa Monica , California

BEIJING (AP) — The former chairman of the Bank of China has been indicted on bribery charges, prosecutors said Monday, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping's yearslong anticorruption drive. Liu Liange is accused of taking advantage of his positions at the Bank of China and previously as president of the Export-Import Bank of China, the Supreme People’s Procuratorate said in a statement posted on social media. The state-owned Bank of China, one of the country's “Big Four” banks, has a major overseas presence. The Supreme People’s Procuratorate announced last month that Tang Shuangning, the former chairman of China Everbright Group, another state-owned bank, had been arrested on suspicion of embezzlement and bribery. Beyond finance, the former chairman of the Chinese Football Association was tried last month on charges of taking 81 million yuan ($11.2 million) in bribes.

Persons: Xi Jinping's, Liu Liange, People’s Procuratorate, Liu, Xi, Tang Shuangning Organizations: BEIJING, Bank of, Bank of China, Export, Import Bank of China, Xinhua News Agency, of, China Everbright Group, Xinhua, Chinese Football Association Locations: Bank of China, Jinan, China’s Shandong province, of China

☆ Plans to Expand U.S. Chip Manufacturing Are Running Into Obstacles
▼ + stars: | 2024-02-19 | by ( Don Clark | Ana Swanson | ) www.nytimes.com time to read: +1 min

In December 2022, Taiwan Semiconductor Manufacturing Company, the key maker of the world’s most cutting-edge chips, said it planned to spend $40 billion in Arizona on its first major U.S. hub for semiconductor production. The much ballyhooed project outside Phoenix — with two new factories, including one with more advanced technology — became a symbol of President Biden’s quest to spur more domestic production of chips, the slices of silicon that help all manner of devices make calculations and store data. Then last summer, TSMC pushed back initial manufacturing at its first Arizona factory to 2025 from this year, saying local workers lacked expertise in installing some sophisticated equipment. Last month, the company said the second plant wouldn’t produce chips until 2027 or 2028, rather than 2026, citing uncertainty about tech choices and federal funding. Progress at the Arizona site partly depends on “how much incentives that the U.S. government can provide,” Mark Liu, TSMC’s chairman, said in an investor call.

Persons: —, Biden’s, TSMC, ” Mark Liu Organizations: Taiwan Semiconductor Manufacturing Company, Phoenix Locations: Arizona, U.S, Phoenix —

☆ Europe is nervous about a potential Trump win. China sees an opportunity
▼ + stars: | 2024-02-19 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

China – which has not condemned Russia’s invasion and claims impartiality in the conflict – has also emerged as a key lifeline for the sanctions-hit Russian economy. In Europe, this has galvanized concerns about China’s own global ambitions and played a role in the European Union’s ongoing push to recalibrate its policy toward China. EU foreign policy chief Josep Borrell reiterated the EU’s “expectation that China refrains from supporting Russia,” in a meeting with Wang Friday. “As long as war in Ukraine continues, EU policies toward China will move into closer alignment with the US. As president, Trump not only voiced skepticism of the system of US alliances in Europe, but leveraged tariffs on European steel and aluminum, sparking retaliatory measures on US goods from Europe.

Persons: Hong Kong CNN —, Wang Yi, Wang, Donald Trump, Trump, ” Wang, Alexey Navalny, Vladimir Putin’s, “, ”, Noah Barkin, Maxym Marusenko, Putin, Xi Jinping, –, Jens Stoltenberg, Josep Borrell, Christoph Heusgen, Dmytro Kuleba, Xi, hasn’t, It’s, Kuleba, Vladimir Putin, Xie Huanchi, Yu Jie, ‘, Liu Dongshu, “ Wang Yi, China …, ” Liu, Emmanuel Macron, GMF Organizations: Hong Kong CNN, Munich, Washington, NATO, German Marshall Fund of, Communist Party, Wang Friday, Bloomberg, CNN, China’s, Ministry, ”, Ukrainian, Security, Beijing, Peace, Getty, ’ Observers, US, Chatham House, City University of Hong, “, White Locations: China, Hong Kong, States, Europe, Ukraine, Beijing, Munich, Moscow, Russia, United States, Russian, Ukraine's Kharkiv, West . China, Taiwan, EU, ”, China’s, Asia, Pacific, ” Beijing, Switzerland, Xinhua, London, Spain, France, City University of Hong Kong’s, Washington, York

☆ It seems some tech leaders are coming back to San Francisco
▼ + stars: | 2024-02-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Some tech leaders are returning to San Francisco, The Wall Street Journal reported. San Francisco's commercial real estate market is also getting a boost from the AI boom. AdvertisementIt seems like San Francisco is luring some tech bosses back after a pandemic-induced exodus. Now, he plans to spend one week a month in San Francisco and is renovating a house in the city, The Journal reported. Meanwhile, San Francisco has grappled with a homelessness problem and shifts in crime patterns.

Persons: —, San, Keith Rabois, cofounders Henrique Dubugras, Pedro Franceschi, Howie Liu, Rabois, Elon Musk, Sam Altman Organizations: Street Journal, Service, The, Meta, PayPal, California Globe Locations: San Francisco, Miami

☆ Fairleigh Dickinson: College basketball game delayed after team gets stuck in elevator
▼ + stars: | 2024-02-16 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —College basketball players from Farleigh Dickinson University found themselves in a tight spot ahead of Thursday’s away game against Long Island University – quite literally. The start of the Division I Northeast Conference game was delayed after several FDU players became stuck in a cramped elevator at the Steinberg Wellness Center in Brooklyn and had to be extricated with help from the New York City Fire Department. “The lights went off and we were just like, ‘Oh, no,’” FDU player Ansley Almonor told ESPN. We were sweating in there.”Footage on social media showed the players eventually climbing out of the elevator one at a time before the game got underway 17 minutes after the scheduled start time. “Going UP!” the team posted on X after the win.

Persons: ”, Ansley Almonor, “ We’re, pip, LIU, Heru Bligen, Terrence Brown, Almonor –, “ Organizations: CNN — College, Farleigh Dickinson University, Long Island University, Conference, Steinberg Wellness, New, New York City Fire Department, ESPN, Knights, LIU Sharks, FDU Locations: Thursday’s, Brooklyn, New York City

☆ Despite Japan’s economic recession, Asian stocks rise
▼ + stars: | 2024-02-16 | by ( Diksha Madhok | Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong/New Delhi CNN —Japan’s stock market defied gloomy economic data to rally Friday, lifting broader Asian shares and ending the week on a buoyant note. Japan’s benchmark Nikkei 225 index closed above 38,000 points for the second day in a row, just a whisker off its historic peak reached in December 1989. “If anything, the window of opportunity created by the weak yen is encouraging international investors, as they suspect it will close soon,” he added. The MSCI’s broadest index of Asian shares excluding Japan closed more than 1% higher. On Wall Street, the S&P 500 closed at a record high of 5,029.73 Thursday as US stocks bounced back from steep losses earlier this week.

Persons: ”, Neil Newman, Stephen Innes, Austan Goolsbee, Innes, Korea’s Organizations: Hong Kong / New Delhi CNN, Analysts, Japan, Dow, Nasdaq, Federal Reserve, Fed, Chicago Fed Locations: Hong Kong / New Delhi, Tokyo, United Kingdom, Asia, Pacific, New York, China

Fairleigh Dickinson Players Get Stuck in Elevator Before the Game and Later Beat LIU 84-82 in OTAnsley Almonor had 19 points and nine rebounds, Terrence Brown added 17 points and Fairleigh Dickinson beat Long Island University 84-82 in overtime after the Knights were stuck in an elevator before the game

Persons: Fairleigh Dickinson, LIU, Almonor, Terrence Brown Organizations: Fairleigh, Fairleigh Dickinson, Long Island, Knights

☆ The Evergrande collapse is not China's 'Lehman moment,' but it does complicate an economic recovery, think tank says
▼ + stars: | 2024-02-14 | by ( Aruni Soni | ) www.businessinsider.com time to read: +3 min

The Evergrande collapse is not China's 'Lehman moment,' but it does complicate an economic recovery, CFR expert said. "Unlike Lehman, Evergrande's insolvency is due to its excessive borrowing and aggressive use of leverage, not over-securitization." This has spurred on the question: is the Evergrande collapse China's "Lehman moment?" One famed hedge-fund boss said China's property crash was like the Great Financial Crisis from 2008 "on steroids." "Unlike Lehman, Evergrande's insolvency is due to its excessive borrowing and aggressive use of leverage, not over-securitization."

Persons: Lehman, —, Evergrande, Zoe Liu, Liu Organizations: Service, of Foreign Relations, Lehman Brothers Locations: Hong Kong

☆ As China Tries to Present a Friendlier Image, a New Face Emerges
▼ + stars: | 2024-02-14 | by ( David Pierson | ) www.nytimes.com time to read: +1 min

Faced with declining foreign investment at home, China has sought to soften its image in the United States and Europe and make nice with some of its neighbors. One Communist Party official has played an unusually prominent role in the shift in tone. In New York, he told an audience of scholars and businesspeople that China did not seek to rewrite the United States-led global order. In Beijing, he told the ambassador of India, a regional rival, that China hoped relations would “return to a healthy and stable” track. The official, Liu Jianchao, heads the Communist Party’s diplomatic arm, a body that promotes the party’s ideology and influence abroad.

Persons: Liu Jianchao, China’s Organizations: Communist Party, Communist Locations: China, United States, Europe, New York, States, Paris, Beijing, India

Drew Barrymore and Cameron Diaz's sisterhood started when they were teenagers. Cameron Diaz and Drew Barrymore in 2003. Back in the '80s, Diaz, 16 at the time, grabbed a cup of joe from the coffee shop Barrymore worked at. Online, the two maintained a low-key friendship until, in 2002, Barrymore offered Diaz a role on the "Charlie's Angels" reboot she was producing. "We have much more of that kind of relationship, we're very honest with each other," Barrymore told ET.

Persons: Drew Barrymore, Cameron Diaz's, Cameron Diaz, Jim Spellman, WireImage, Diaz, Barrymore, Tonight's Lauren Zima, we've, Lucy Liu Organizations: E

☆ Super Bowl 2024: Online superstore Temu doubles down with TV ad and $15 million in giveaways
▼ + stars: | 2024-02-12 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —A year after making its advertising debut at the Super Bowl, Chinese-backed online shopping platform Temu is redoubling efforts in its most important market with a second ad on America’s biggest stage and $15 million in coupons and other giveaways. The Boston-based firm — owned by PDD (PDD), the group behind Chinese online shopping giant Pinduoduo — paid for three ads during the game and two after the game. Commercials for the 2024 Super Bowl sold for higher rates than for last year’s game, with a range of $6.5 million to $7 million per 30-second spot broadcast on TV channel CBS, two individuals familiar with this year’s advertising sales told CNN. “The commercial marks the highlight of a Super Bowl campaign that featured more than $15 million in coupons and giveaways,” Temu said in a statement. As a result, PDD’s market capitalization soared that month, eclipsing that of older e-commerce rival Alibaba (BABA) for the first time.

Persons: Hong Kong CNN —, ”, ” Temu, Seema Shah, ” Shah, “, Temu, spender, Earnest Analytics, PDD, Alibaba, Alibaba’s, Jack Ma Organizations: Hong Kong CNN, Super Bowl, PDD, CBS, CNN, Bowl, Amazon, Super, Facebook, Dollar Locations: China, Hong Kong, Boston, United States, United Kingdom, Mexico, Germany, Australia

☆ The salary negotiation trick that works 'time and time again,' according to an ex-Goldman Sachs recruiter
▼ + stars: | 2024-02-12 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

It's never been easier to see how much a job will pay before you go into an interview. But once you have that information, how can you actually leverage pay ranges to negotiate a job offer? It's as simple as asking one straightforward question in a job interview, says Chanelle Howell, 31, a New York City-based recruiter who's interviewed hundreds while working for Goldman Sachs, Bridgewater Associates and through her own consulting company. She recently gave this example: Say you're interviewing for a position that states the salary range is $100,000 to $150,000. The key is to repeat these qualities throughout your interview, Howell says, to help build your case for why you're a star candidate.

Persons: It's, Chanelle Howell, who's, Goldman Sachs, Howell Organizations: D.C, Bridgewater Associates Locations: Washington, U.S, New York City

☆ This millennial directed his 94- and 83-year-old grandmothers for a movie—it's now nominated for an Oscar
▼ + stars: | 2024-02-09 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

Chang Li Hua and Yi Yan Fuei are the stars of "Nai Nai and Wai Po," the Oscar-nominated documentary short now streaming on Disney+ and Hulu. Sean Wang has always believed his grandmothers were movie stars — and now they have an Oscar nomination to prove it. Wang, 29, is a Los Angeles-based filmmaker whose film "Nai Nai and Wai Po" (which translates to "grandma and grandma" in Mandarin Chinese) is up for Best Documentary Short Film for the 96th Academy Awards. The days we spend feeling joy and the days we spend feeling pain are the same days spent. One line from his Nai Nai was particularly resonant: "The days we spend feeling joy and the days we spend feeling pain are the same days spent.

Persons: Chang Li Hua, Yi Yan Fuei, Oscar, Sean Wang, —, Wang, Yan Fuei, Wai Po, he'd, Yi, Chang, Yi Yan, There's Organizations: Disney, SXSW Locations: Wai, Los Angeles, Fremont , Calif, New York City, U.S

☆ China’s spectacular dragon dance is hundreds of years old. Here’s why it continues to dazzle
▼ + stars: | 2024-02-08 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +6 min

CNN —Grab your camera and slap on something flame resistant, it’s time to witness one of China’s most incredible displays – the fire dragon dance. Dragon dances have been documented at ceremonial events since the Han Dynasty (202 BCE to 220 CE), while fire dragon dances began appearing in records during the Qing Dynasty (1644-1911) and in the Republican era (1912-1949). Some historians say fire dragon dances date back even further, to the Ming Dynasty (1368-1644). Puzhai Fire Dragon, Fengshun County, GuangdongEntertainers perform a fire dragon dance to celebrate the Lantern Festival in Puzhai town, in China's Guangdong province. Tongliang Fire Dragon, ChongqingVideo Ad Feedback See a dragon dance with molten iron fireworks 00:56 - Source: CNNThe Tongliang Fire Dragon in Chongqing province is undoubtedly one of the grandest fire dragon dance performances of them all.

Persons: ”, Kwok Kam Chau, Kwok, We’ve, Liu Long Organizations: CNN, Republican, Hong Kong Baptist University, China’s, Steel Locations: Fengshun County, Guangdong, Puzhai, China's Guangdong province, Imaginechina, China, Hunan, China’s, Miao Autonomous Prefecture, Hunan province, Huanglongxi, Sichuan, Chengdu, China's Sichuan province, Chongqing, Chongqing province, majestically, Qicaimeng, Guizhou, Dafang County, Guizhou province

☆ Alibaba shares sink after it shelves IPO plans for two units
▼ + stars: | 2024-02-08 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Shares in Alibaba sank as much as 7% in Hong Kong on Thursday, after the Chinese tech giant reported disappointing sales figures and announced it would suspend listings plans for two of its units. The news comes at a tough time for the tech giant. In December, the company reshuffled its top ranks after the stellar performance of a competitor caused a stir at Alibaba. The company’s announcement of a $25 billion share repurchase program, which it said demonstrated its confidence in its business and cash flow outlook, also failed to ignite interest among investors. Alibaba shares in New York closed 5.9% lower on Wednesday.

Persons: Joseph Tsai, ”, Alibaba, Jack Ma, PDD, Alicia Yap, Ma, —, Laura Organizations: Hong Kong CNN —, Cainiao, Reuters, Refinitiv, ” Citi Locations: China, Hong Kong, Alibaba, New York

☆ Forgetting this job interview step is an 'easy strike' against you, says hiring expert of 14-plus years
▼ + stars: | 2024-02-07 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

It's important to be prepared for a job interview, but there's such a thing as being over-prepared, too. Then, check sites like Glassdoor to hear from previous candidates what questions were asked during the hiring process. "That way when you're in an interview, you're focused on answering the question instead of going off of some pre-rehearsed script." Costa says candidates should also avoid one major mistake that can be "an easy strike" against you as a candidate, especially for a competitive job. Take CNBC's new online course How to Ace Your Job Interview to learn what hiring managers are really looking for, body language techniques, what to say and not to say, and the best way to talk about pay.

Persons: Neil Costa, he's, Costa, that's

☆ China gives suspended death sentence to Tian Huiyu, former China Merchants Bank president
▼ + stars: | 2024-02-06 | by ( Laura He | ) edition.cnn.com time to read: +3 min

The court said he had used his privileged access to information to make more than 290 million yuan ($41 million) in illegal gains from the stock market. He also leaked inside information about stocks to other people, which yielded more than 8 million yuan ($1.1 million) in illicit profits, it said. In return, he accepted bribes worth more than 210 million yuan ($30 million), it said. In 2013, Tian was promoted to head China Merchants Bank, serving as its president and its Communist Party boss. The Communist Party has stepped up its crackdown on the country’s state-owned financial system since last year.

Persons: Tian Huiyu, Xi Jinping, Tian, Wang Qishan, ”, Li Xiaopeng, Liu Liange, Bao Fan, Bao Organizations: Hong Kong CNN, China Merchants Bank, China Construction Bank, China Cinda Asset Management, Beijing, Communist Party, Central Commission, Communist, Adobe, China Everbright Group, Bank of China, China Renaissance Locations: China, Hong Kong, Changde city, Hunan, China’s, Shanghai, Changde

☆ Japanese trading giant Itochu to cut ties with Israeli defense firm over Gaza war
▼ + stars: | 2024-02-06 | by ( Juliana Liu | ) edition.cnn.com time to read: +2 min

Hong Kong/Tokyo CNN —One of Japan’s biggest trading firms, Itochu, has decided to end its partnership with a major Israeli defense company due to the war in Gaza. The sprawling conglomerate, best known outside Japan for its Family Mart chain of convenience stores, said its aviation unit will cut ties with Elbit Systems, which bills itself as Israel’s largest defense contractor, by the end of February. Itochu Aviation, Elbit Systems and Nippon Aircraft Supply signed a cooperation agreement in March 2023, months before war broke out between Israel and Gaza. Itochu, which reported revenues of $104 billion in 2023, has faced small-scale, student-led protests in Tokyo against its partnership with Elbit since January. Its Family Mart chain has also been the target of calls for boycotts in Muslim-majority Malaysia over the agreement.

Persons: ”, Itochu, Israel, Tsuyoshi Hachimura, Hachimura, Bezhalel Machlis, Hanako Montgomery, Heather Chen Organizations: Tokyo CNN, Elbit Systems, International Court of Justice, United Nations, Japan’s Foreign Ministry, CNN, ICJ, Israel, Itochu Aviation, Nippon Aircraft Supply, Elbit, Japan’s Defense Ministry, Self - Defense Force, Israel Defense Forces Locations: Hong Kong, Tokyo, Gaza, Japan, Israel, South Africa, Itochu, Malaysia

☆ A Goldilocks economy could be coming, but a key piece of the puzzle remains elusive
▼ + stars: | 2024-02-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at why investors are eyeing an even better outcome for the market than a soft landing . The big storyMarket's sweet spotPiotr PowietrzynskiForget about a soft landing, some market watchers want something just right. For months, investors hoped the Fed's tightening policy would culminate in a soft landing: lowering inflation while avoiding a full-blown recession. But why settle for a soft landing when you can get it all? Liu Jie/Xinhua via Getty ImagesA Goldilocks economy still hinges on the Fed cutting rates, which has proved fleeting for investors.

Persons: —, hasn't, Piotr Powietrzynski Forget, Matthew Fox, Solita, Marcelli, Jerome Powell, Liu Jie, we'll, Powell, Banks, Kenneth Rogoff, Jensen Huang, Rick Wilking, Goldman, Goldman Sachs, Savita Subramanian, Gen, Jenny Chang, Rodriguez, Fintechs, VCs, Sam Altman, Altman, didn't, Scott Winters, Alyssa Powell, Travis Kelce, Experian, It's, EVs, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Apple, Business, Getty, Bank of America, Harvard, Nvidia, CES, Kansas City Chiefs, US Treasury, New York Times, UBS, FAA, Boeing, Max Locations: Americas, Washington ,, Xinhua, Jensen, Las Vegas , Nevada, U.S, China, New York, London

☆ The Five Brooklyn Roommates Who Merged Two Households Into One
▼ + stars: | 2024-02-05 | by ( Samantha Maldonado | ) www.nytimes.com time to read: 1 min

You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load. rentersThe Five Brooklyn Roommates Who Merged Two Households Into OneIn Bushwick, the neighborly ‘hello’ in the hallway led to hanging out in each other’s apartments, and spirited theater-karaoke nights singing show tunes. The five roommates first bonded over their creative pursuits and became close during the pandemic. Credit... Katherine Marks for The New York Times

Persons: Liu, Emily Zaboski, Sam Jaffe, Matt Scaptura, Katherine Marks Organizations: Brooklyn, Bushwick, The New York Locations: Bushwick

☆ More Americans are working remotely for international companies—here's where they live
▼ + stars: | 2024-02-04 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

The hiring game is getting globally competitive: The number of American workers hired by international companies grew 62% last year, according to the State of Global Hiring Report from Deel, an HR platform that specializes in global hiring. Most of those roles allow Americans to work remotely, and workers in some U.S. cities are more likely to take on the arrangement. Americans who work remotely for international employers tend to live in San Francisco, according to the report. As far as roles go, international companies are eager to hire Americans to fill jobs in research, sales, software engineering, content and product. Check out: U.S. workers are getting scooped up by international companies hiring remote roles

Persons: Alex Bouaziz, Bouaziz Organizations: State, Global, Workers, San, San Francisco New York Chicago Austin Miami Portland Boston Atlanta Seattle Dallas Locations: Deel, San Francisco, Bay, U.S, San Francisco New York Chicago Austin Miami Portland Boston Atlanta Seattle Dallas These U.S, Canada, France, Singapore, Australia

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