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☆ Fund manager names two global retailers that are about to 'dominate'
▼ + stars: | 2022-12-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

London-listed retailers Frasers Group and Next are two clothing retailers that will "dominate" the sector during a recession, according to a veteran Schroders fund manager. Andrew Brough, who runs the Schroder UK Mid Cap Fund, said the two conservatively run companies are well placed to expand and take market share during a downturn through acquisitions. Shares of Frasers Group have risen by 30.6% over the past year, outperforming the FTSE 350 general retailers index, which has fallen by 29.3% over the same period. Frasers Group is Brough's largest holding, making up 6.7% of his fund. Brough, who's run his fund for 23 years, said he was more optimistic than others about the U.K.'s economy over the near term.

☆ ‘Slow Horses’ Season 2 Review: Spies and Sleeper Agents
▼ + stars: | 2022-12-02 | by ( John Anderson | ) www.wsj.com time to read: +1 min

Cracking ice-cold cases, digging up former associates and unearthing decades-old mistakes by his not-so-beloved MI5 is what really gets the veteran British agent’s blood up. The slow horses of “Slow Horses.”Any season 2 is approached with apprehension, especially when a show has been as successful as this series was in season 1. But it may be even better now, with its likable misfits’ various back stories revealed and the characters established—especially Jackson, played with a malignant flourish by Gary Oldman . His character may not be quite as flatulent as he was last time around, but is just as untidy and unhygienic. (Jackson does suggest an excessively dissipated version of Le Carré’s George Smiley , whom Mr. Oldman played in “Tinker Tailor Soldier Spy.”)

☆ DIY retailer Kingfisher partners with Google Cloud to boost e-commerce
▼ + stars: | 2022-11-30 | by ( Paul Sandle | ) www.reuters.com time to read: +2 min

LONDON, Nov 29 (Reuters) - European home improvement retailer Kingfisher (KGF.L) has agreed a five-year partnership with Google Cloud , a move it said should provide customers with faster and more intuitive searches, and better tailor product ranges. The company, which owns DIY brands B&Q and Castorama, and trade-focused Screwfix and TradePoint, increased online sales during the pandemic when stores were closed and customers spent more on home improvements. E-commerce sales were up 138% over three years in its third quarter, it said this month. Kingfisher, a long-time user of SAP software, had started moving its legacy data to Google Cloud, where it could be used to test new online concepts and improve the efficiency of deliveries such as its less-than-one-hour Screwfix 'Sprint' service. Google Cloud Chief Executive Thomas Kurian said its technology was helping customers identify product using image search, or by answering questions posed in imprecise terms.

☆ Amazon unveils supply-chain, cloud services drawing on its retail arm
▼ + stars: | 2022-11-29 | by ( Jeffrey Dastin | ) www.reuters.com time to read: +1 min

At its annual Las Vegas conference, the cloud unit also showed off AWS Clean Rooms, which allows businesses to tailor ads to customers while maintaining their privacy, among other applications. The services are part of Amazon's long-time strategy to develop functions for its e-commerce arm and then offer them to other companies. At the same time, Amazon's cloud has lost out on sales to brick-and-mortar retailers which are reluctant to hire a company that is also their e-commerce competitor. Other new services it announced include Amazon Omics for genomic analysis and Amazon Security Lake, which helps businesses assemble data from cybersecurity vendors and other sources. Reporting by Jeffrey Dastin in Las Vegas; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

☆ Gieves & Hawkes, Tailor Favored by British Royalty, Secures Rescue
▼ + stars: | 2022-11-25 | by ( Trefor Moss | ) www.wsj.com time to read: 1 min

The Savile Row suit maker has been acquired by Frasers Group, whose brands include a department chain and sportswear retailer. LONDON—Gieves & Hawkes, tailor to royalty and world leaders for centuries, is back in British hands after five ill-fated years of Chinese ownership that threatened its survival. Frasers Group PLC, whose stable of brands include a department store chain and discount sportswear retailer, said Friday it had acquired the Savile Row suit maker in a deal overseen by administrators appointed to sell the assets of its failed former owner.

☆ Academy Award winner Gary Oldman teases the end of his movie career: 'I don't want to be active when I'm 80'
▼ + stars: | 2022-11-22 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Gary Oldman has been starring in films for the past 40 years, but he doesn't anticipate working for too much longer. In a recent interview with the Sunday Times, the 64-year-old actor said that he is looking forward to pursuing other interests beyond performing. "I've had an enviable career, but careers wane," Oldman said. "When you're young, you think you're going to get 'round to doing all of them—read that book—then the years go by," he said. Sign up now: Get smarter about your money and career with our weekly newsletter

☆ Levi's got its start making clothes for cowboys — now it's a Gen Z status symbol. Here's how the 169-year-old retailer became the world's most iconic denim company.
▼ + stars: | 2022-11-22 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +1 min

Jeans as we know them today were born decades later when Strauss teamed up with a tailor to create riveted pants. The Levi Strauss factory in San Francisco in 1882. He purchased fabric from Strauss and made button-fly pants, which were such a hit among customers, he decided to patent them. Modern-day jeans were born, though at the time, they were called "waist overalls" or simply "overalls." The name comes from the French word "Gênes," meaning Genoa, an Italian port city where sailors often dressed in denim, Vice reports.

☆ Robert Clary, ‘Hogan’s Heroes’ star who survived the Holocaust, dead at 96
▼ + stars: | 2022-11-18 | by ( Story Reuters | ) edition.cnn.com time to read: +4 min

Reuters —Paris-born actor and singer Robert Clary, who survived 31 months in Nazi concentration camps but later co-starred in “Hogan’s Heroes,” the US sitcom set in a German World War II prisoner of war (POW) camp, has died at the age of 96. “Hogan’s Heroes” starred Bob Crane as American Colonel Robert Hogan, with Richard Dawson, Larry Hovis and Ivan Dixon playing other POWs. “Hogan’s Heroes” was popular with TV viewers during its run on the CBS network and for decades afterward in syndication even though some critics considered it in bad taste. In 1980, alarm over people trying to deny the Holocaust prompted Clary to end his self-imposed silence about his experiences. He also wrote an autobiography, “From the Holocaust to Hogan’s Heroes.”“We must learn from history,” Clary told the Reno Gazette-Journal in 2002, “which we don’t.”

LONDON, Nov 17 (Reuters) - London Metal Exchange (LME) nickel trading has turned wild again this week. LME and ShFE nickel contracts price and volumeVOLATILITY TRAPThe fund exodus after March has left a liquidity vacuum and a self-reinforcing volatility trap in the nickel market. ("A financially constrained physical market", April 3, 2022)LME nickel trading volumes have fallen steeply since March. Year-to-date nickel volumes are 24% below last year's equivalent period, the scale of decline flattered by strong trading activity in January and February. But until inventory and volumes rebuild, time-spread turbulence and perma-backwardation are becoming the new normal in the Shanghai market.

☆ A Google recruiter reveals the 4 criteria the tech giant uses to select candidates and what a successful résumé should look like
▼ + stars: | 2022-11-17 | by ( Hendrikje Rudnick | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com time to read: +4 min

She told Insider the four key criteria the company uses to select candidates. Despite mass layoffs in the tech industry, Google is currently hiring for 2,334 jobs worldwide, according to its website. She told Insider the four key criteria the company uses to select candidates and what it looks for in a résumé. Candidates should use the X-Y-Z formula for a successful résumé, Emily Salkey, a program manager at Google, previously told Insider. The 4 criteria Google uses to select candidates"We don't do an assessment center," Penkhues said, adding that candidates usually face three to five interviews.

☆ Fed's Brainard: Crypto finance needs strong regulation
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

Nov 14 (Reuters) - Recent turmoil in the cryptocurrency market shows the need for it to be firmly regulated the same way traditional finance is, Federal Reserve Vice Chair Lael Brainard said on Monday. "It's really concerning to see that retail investors are really getting hurt by these losses," Brainard said in an interview with Bloomberg in Washington, repeating her long-held view that crypto finance needs strong regulation. While the crypto industry has touted digital assets as fundamentally different from traditional finance, Brainard has argued the sector has proven to be susceptible to the same risks and should be subject to the same rules. "It reinforces I think this need to make sure that crypto finance, because it is no different than traditional finance in the risks that it exposes, needs to be under the regulatory perimeter." {nL4N32A0P7}"There need to be strong regulatory guardrails," Brainard said, noting that could include bringing some crypto finance into compliance with existing rules and in some cases expanding regulation.

After learning about its Russian roots from Reuters, it removed Pushwoosh software from seven public-facing apps, citing security concerns. The U.S. Army said it had removed an app containing Pushwoosh code in March because of the same concerns. Pushwoosh code has been embedded into almost 8,000 apps in the Google and Apple app stores, according to Appfigures, an app intelligence website. "We haven't found any clear sign of deceptive or malicious intent in Pushwoosh's activity, which certainly doesn't diminish the risk of having app data leaking to Russia," he added. The CDC apps that contained Pushwoosh code included the agency's main app and others set up to share information on a wide range of health concerns.

☆ I'm a cart girl on a Las Vegas golf course. I've made $1,000 in tips in a day, but customers can be weird.
▼ + stars: | 2022-11-12 | by ( Elle Hardy | ) www.businessinsider.com time to read: +9 min

Cassie Holland lost her job during the pandemic and became a cart girl at a Las Vegas golf course. I got to the golf course and it had palm trees and little animals running around. About a year into working as a cart girl, I started putting videos on TikTokHolland with a golfer. I still hear from people from across the country asking if I can come to their golf course to work there. Working as a golf cart girl has totally changed my life.

National Democrats were fairly happy on Election Day as they dodged a predicted trouncing at the polls, but state Democrats might have even more to celebrate. And Democrats appear on track to flip the state House in Michigan, as well as in Pennsylvania and Minnesota, according to the National Conference of State Legislatures (NCSL), the nonpartisan organization that represents legislative chambers. Democratic wins this cycle signals a shift in state legislative priorities that could have major ramifications on contentious issues. The Republican-controlled state legislatures in Pennsylvania and Michigan had entertained election denial conspiracies after the 2020 election, for example. "Success does beget success," she said, noting that many state legislative candidates outperformed those competing at the federal level.

Finding questions to ask your interviewer is a crucial part of preparing for any job interview. But sometimes it's tricky to think up questions to ask on the spot. In addition, she said you may get " answers to questions you didn't even know to ask but are important." 'Beyond the hard skills required to successfully perform this job, what soft skills would serve the company and position best?' Find out more about the position you're applying for'Who would I be reporting to?'

☆ EU backs watering down of final Basel bank capital rules
▼ + stars: | 2022-11-08 | by ( Huw Jones | ) www.reuters.com time to read: +4 min

LONDON, Nov 8 (Reuters) - European Union member states have backed a temporary watering down and two-year delay to 2025 for the final leg of the globally agreed Basel III bank capital rules, the Czech EU presidency said on Tuesday. EU states will now negotiate a final deal with the European Parliament in early 2023. Most of the Basel III rules, a set of tougher capital rules for banks after the global financial crisis more than a decade ago, have already been implemented. EU ministers backed a two-year delay to the start date for rolling out the final rules, pushing it back to January, 2025. Smaller banks would benefit from simpler disclosure, and EU states pushed back against attempts at stricter EU harmonisation in checking whether top bank staff are 'fit and proper'.

☆ Trump suggests he'll launch his 2024 presidential campaign on Nov. 15 in Florida
▼ + stars: | 2022-11-08 | by ( Christina Wilkie | ) www.cnbc.com time to read: +2 min

Former U.S. President Donald Trump speaks during a pre-election rally to support Republican candidates in Latrobe, Pennsylvania, U.S., November 5, 2022. WASHINGTON — After weeks of intensifying speculation, former President Donald Trump said Monday that he will make a "big announcement" on Tuesday, Nov. 15 from his Mar-a-Lago resort, where he is expected to launch his 2024 presidential campaign. "I'm going to be making a very big announcement on Tuesday, Nov. 15 at Mar-a-Lago in Palm Beach, Florida," Trump said at a Save America rally in Vandalia, Ohio on the eve of the midterm elections. A Trump spokesman did not respond to a request from CNBC to confirm that his Nov. 15 event will be a campaign launch. Instead, his remarks sounded far more like a tailor-made rally speech for his own upcoming presidential campaign, with strong echoes of his 2016 campaign speeches.

☆ UK bond turmoil leaves smaller pension schemes with longer-term costs
▼ + stars: | 2022-11-07 | by ( Carolyn Cohn | ) www.reuters.com time to read: +6 min

As pension funds scrambled for cash to meet margin calls, the Bank of England intervened to stabilise the market and avoid the collapse of some LDI-exposed funds. But pension schemes that could not meet margin calls in time - many of them smaller schemes - had their positions liquidated by LDI fund managers. Larger schemes in segregated funds were more likely to have retained their hedges, industry sources said. Large schemes in segregated funds pay lower fees for more volume - a benefit small schemes cannot enjoy. LDI fund managers BlackRock (BLK.N) and Insight Investment did not respond to requests for comment.

☆ The key to finding a job after 12 years off isn't throwing around resumes 'like confetti,' says a military mom of 3. She found a different way — and a job she loves
▼ + stars: | 2022-11-06 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Cassie Glubzinski, 36, began her job search in January after nearly 12 years away from the workforce. Despite the Great Resignation, many Americans haven't found the job search as easy as some suggest. "I felt woefully inadequate because when it came to writing work experience, my experience was 10 years old," she said. "So it's cyclical because you're wanting to work, but you need work experience to work, but you need the job to get the work experience." "It was very much right place, right time, right background, and right homework done," she said.

☆ Democrats aim to hold the line against heavy U.S. midterm election losses
▼ + stars: | 2022-11-04 | by ( James Oliphant | ) www.reuters.com time to read: +6 min

REUTERS/Kevin LamarqueThat was why Spanberger was at a winery this week imploring volunteers to hit the phones. Polls continue to show voters frustrated over high consumer prices and blaming the party in power from President Joe Biden on down. A former CIA officer, Spanberger has criticized her party’s progressive wing and has attempted to appeal to independent voters. To Republican Heye, the reason Spanberger and other once-safe Democrats are struggling in the final days of the campaign is simple. “The American people are really pissed off in general,” he said, “and are looking to punish those in charge.”

☆ OnlyFans model accused of killing boyfriend called him a racial slur in cellphone recordings
▼ + stars: | 2022-11-03 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

An OnlyFans model accused of fatally stabbing her boyfriend in their Miami apartment called him a racial slur during an intense argument before his death, cellphone recordings reveal. His girlfriend, Courtney Clenney, was arrested in Hawaii in August while she was in rehabilitation for substance abuse and post-traumatic stress disorder. Christian Toby Obumseli and Courtney Clenney. christianvstoby via instagramThe recordings, which show very little video, were obtained by NBC News through a records request with the Miami-Dade State Attorney’s Office. Miami-Dade State Attorney Katherine Fernandez Rundle has said that it was an “extremely tempestuous and combative” relationship and labeled Clenney as the aggressor.

☆ India's first fully solar village lights up the lives of poor residents
▼ + stars: | 2022-11-01 | by ( Sunil Kataria | ) www.reuters.com time to read: +3 min

[1/3] Solar panels are installed on the rooftops of residential houses in Modhera, India's first round-the-clock solar-powered village, in the western state of Gujarat, India, October 19, 2022. Now, however, his machine moves on solar power as earlier this month Prajapati's village of around 6,500 residents, consisting mainly of potters, tailors, farmers and shoemakers, was declared India's first village to run entirely on solar energy all the time. The government buys excess energy produced here from residents if they do not use all of the capacity allotted to the households. For Reena Ben, 36, a housewife, who also works as a tailor part time, the solar power has hugely aided her work. "When we got access to solar power, I bought an electric motor worth 2,000 rupees ($24) to attach to the sewing machine.

☆ A housing crisis is upon us — but a church group in Virginia is taking a big swing at homelessness by pairing up roommates, subsidizing their rent, and offering counseling
▼ + stars: | 2022-10-30 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +6 min

A small church organization in Virginia is helping unhoused people get back into permanent homes. In addition to losing access to stable housing, Walker says, people lose access to their communities. "Homelessness can be life changing, it can be a matter of life and death," Walker told Insider. His monthly disability payment — under $800 — is less than the median Virginia Beach rent of more than $1,000 for a one-bedroom apartment. Research shows that providing housing subsidies, alongside case management and supportive services, can help people experiencing chronic homelessness achieve long-term housing stability.

☆ Twitter staff enjoy a flexible work culture. Self-described nano-manager Elon Musk will change that.
▼ + stars: | 2022-10-27 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +6 min

Elon Musk is close his $44 billion deal to buy Twitter by Friday and staff are worried. Musk's 'autocratic' leadership style is likely to clash with a flexible work culture, one workplace expert says. Elon Musk is set to buy Twitter for $44 billion by Friday and, as the deadline looms, staff are anticipating a big vibe shift in its work culture. Here are some of the perks Twitter staff enjoy now that may change under Musk. Flexible working policiesTwitter is famed for generous, flexible working policies.

☆ The NFL’s Go-To Tailor? A Former Accountant From New Jersey
▼ + stars: | 2022-10-25 | by ( Jacob Gallagher | ) www.wsj.com time to read: 1 min

On game days, Jimmy Garoppolo, the San Francisco 49ers starting quarterback, usually bounds off the team bus in a svelte suit, looking more like a media mogul than a Super Bowl winner. His pinched jacket and tapered trousers could well be from some Italian tailoring institution like Zegna. But their actual origin is often Gentleman’s Playbook, a custom-suit brand run out of a Hoboken, N.J., apartment by Tom Marchitelli, 41, a former hedge-fund accountant. The brand is barely known to the broader fashion world. But through locker-room word-of-mouth and furious social-media outreach, Mr. Marchitelli has become a go-to for professional athletes.

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