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☆ Rent the Runway is now selling secondhand luxury clothes on Amazon from 35 designers including Tory Burch and Kate Spade.
▼ + stars: | 2023-01-12 | by ( Bethany Biron | ) www.businessinsider.com time to read: +3 min

Rent the Runway is now selling secondhand luxury goods on Amazon. Rent the Runway CEO Jenn Hyman said the collaboration will foster "incredible brand awareness." As part of a collaboration with Amazon Fashion, the rental company is offering lightly worn styles from more than 35 brands, including Diane Von Furstenberg, Tory Burch, and Kate Spade. The partnership also will feature items from the RTR Design Collective, clothes from emerging designers sold exclusively for Rent the Runway, the company announced on Thursday. The Amazon collaboration will join existing resale retail partnerships Rent the Runway currently has with Saks Off Fifth and ThredUp.

☆ Factbox: Global banks cut jobs as cost pressures mount
▼ + stars: | 2023-01-11 | by ( ) www.reuters.com time to read: +5 min

The British investment bank has performed well in recent quarters, especially in fixed income trading, but a blunder in the United States that saw it sell more securities than permitted has cost it hundreds of millions of dollars in penalties. CITIGROUPCiti (C.N) eliminated dozens of jobs across its investment banking division, as a dealmaking slump continues to weigh on Wall Street's biggest banks, Bloomberg News reported on Nov. 8. The cost savings reported are likely to involve more job cuts than previously announced for the first wave of reductions, including in its wealth business, Reuters reported. DEUTSCHE BANKDeutsche Bank (DBKGn.DE), Germany's largest bank, cut staff in its investment bank's origination and advisory teams in October, in a move than affected mostly junior bankers. MORGAN STANLEY (MS.N)In December, the investment bank slashed about 2% of its workforce, a source familiar with the company's plans told Reuters.

☆ Six N.F.L. Players Show Football’s Grind on Their Feet and Hands
▼ + stars: | 2023-01-11 | by ( Ken Belson | Joe Drape | ) www.nytimes.com time to read: +19 min

Players Show Football’s Grind on Their Feet and HandsOver the course of the long and brutal N.F.L. season, players’ feet and hands take a beating on nearly every snap. But in practice a few days later, he was running drills and landed awkwardly, spraining an ankle and stretching the tendons in his right foot. The next week Jones caught six passes for 109 yards and three touchdowns as the Jaguars shocked the Dallas Cowboys, 40-34. “The therapist spends a lot of time on my hands and feet,” he said.

☆ Taiwan calls on Germany to help maintain 'regional order'
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, Jan 10 (Reuters) - Taiwan President Tsai Ing-wen called on Germany on Tuesday to help maintain "regional order" during a meeting with senior German lawmakers who are visiting the island on a trip that Beijing has condemned. "We look forward to Taiwan, Germany and other democratic partners jointly maintaining the regional order and prosperity." Marie-Agnes Strack-Zimmermann, the head of Germany's parliamentary defence committee and a member of Chancellor Olaf Scholz's junior coalition partner Free Democrats (FDP), told Tsai that Germany and Taiwan are friends. Russia's invasion of Ukraine was a wake up call for the whole world, Strack-Zimmermann said. China has expressed anger at the trip, with its foreign ministry on Monday alluding to Germany's World War Two past.

Once considered taboo in film and television, gay entertainers and characters will be hard to miss at the 80th Golden Globe Awards. Some of the evenings most nominated films — including sci-fi dramedy “Everything Everywhere All at Once” and psychological thriller “Tár,” — and TV series that include “The White Lotus” and “Monster: The Jeffrey Dahmer Story” — star LGBTQ actors or feature fictional queer characters. And to top off the evening, the Golden Globes will honor gay television writer and producer Ryan Murphy, perhaps best known for co-creating “Glee,” “Pose” and the “American Horror Story” franchise, with a lifetime achievement award. While this year’s pool of Golden Globe nominees ups the awards ceremony’s queer factor, many of the most anticipated wins involve seemingly straight actors playing queer characters. The Golden Globes airs on Jan. 10 at 8 p.m. ET/5 p.m. PT on NBC and Peacock.

☆ Massive waves, power outages plague California coastal community amid storms
▼ + stars: | 2023-01-06 | by ( Kate Fishman | ) www.reuters.com time to read: +3 min

[1/6] A member of a Pacific Gas & Electric crew works to repair a power line, following storms in Mendocino, California, U.S. January 5, 2023. At the southern end of Mendocino county, the small towns of Point Arena and Gualala have been largely without power for around 24 hours. About 2,500 households and businesses were without power in the county, which is home to about 91,000 people. California's storied coast road, Highway 1, is closed in four places in Mendocino County because of fallen trees, the California Department of Transportation said. The high tide brought swells that washed debris across the beach and its parking lot, the high waves crashing into the mouth of the Noyo River.

☆ Attention laid-off tech workers: Non-tech companies are hiring. Here's how recruiters and career coaches recommend pitching yourself.
▼ + stars: | 2023-01-05 | by ( Rebecca Knight | Diamond Naga Siu | ) www.businessinsider.com time to read: +6 min

Research shows most of the well-paying tech jobs on offer today are in non-tech industries. And yet research suggests that well-paying tech jobs are abundant — they're just not in the tech industry. Around 60% of the top 100 employers of tech talent were from sectors like healthcare, consulting, defense, and banking. Another pro-tip: Using the language of the industry you're targeting. "Exceeding in the softer skills is something that will set aside most of the tech talent from each other honestly."

☆ HBO's 'The Last of Us' creators promise it won't have the same issue as 'Game of Thrones': 'We have no plans to tell any stories beyond adapting the games'
▼ + stars: | 2023-01-04 | by ( Travis Clark | ) www.businessinsider.com time to read: +2 min

"We won't run into the same issue as 'Game of Thrones,'" co-creator Neil Druckmann told The Hollywood Reporter. "Game of Thrones" ran out of source material after catching up with the unfinished book series. Neil Druckmann, the show's co-creator who also developed the game, told The Hollywood Reporter that the series won't stray from the source material. "We have no plans to tell any stories beyond adapting the games," Druckmann said in the interview. "We won't run into the same issue as 'Game of Thrones' since 'Part II' doesn't end on a cliffhanger," he added, referring to the game's sequel, "The Last of Us Part II."

☆ The Mega Millions jackpot is $785 million. Taking the lump sum is 'typically a big mistake,' lottery lawyer says
▼ + stars: | 2023-01-03 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

This could be a very good year for one lucky winner of the fourth-largest jackpot in Mega Millions history. "The curse of the lottery losers is very real," said Andrew Stoltmann, a Chicago-based lawyer who has represented several recent lottery winners. One of the very first decisions a winner must make — whether to accept the jackpot as a lump sum or as an annuity — often ends up being their downfall, Stoltmann said. The upfront cash option — which most jackpot winners choose — for this drawing is $403.8 million, as of midday Tuesday. Still, "over 90% of winners take the immediate lump sum," Stoltmann said.

The incident reflects what the U.S. calls a concerning trend of unsafe intercept practices by the Chinese military. The U.S. Air Force RC-135 aircraft was in international airspace on Dec. 21 when it was intercepted by a J-11 fighter jet from the Chinese navy, the U.S. Indo-Pacific Command said in a statement. The Chinese jet positioned itself about 10 feet from the RC-135’s wing and then drifted within 20 feet of its nose as the American plane maintained its course and speed, leading it to take evasive maneuvers. China claims sovereignty over most of the South China Sea, where it has territorial disputes with Vietnam, Malaysia, the Philippines and others. Austin also raised the issue at a meeting in November with Chinese Defense Minister Wei Fenghe.

☆ Prevent burnout by spotting these red and green flags before taking the job
▼ + stars: | 2022-12-28 | by ( Natalie Tham | ) www.cnbc.com time to read: +7 min

Burnout is a "very common" workplace mental health issue caused by chronic and unmanaged stress, said Dr. Oliver Suendermann, clinical director of Intellect, a Singapore-based mental health support startup. With a slew of trickle-down effects that could harm your mental and physical health, burnout is a slippery slope that should be avoided. CNBC Make It spoke with experts and coaches who shared some red flags that should ring alarm bells, and green flags that can indicate a lower burnout risk. This can include providing managers with training on mental health, he added. Suendermann, who works for Intellect which offers a mental health support app, said some companies also help connect employees with professional coaches.

☆ Analysis: Southwest got billions of dollars in taxpayer aid. Why is its service still a mess?
▼ + stars: | 2022-12-28 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

Southwest Airlines received more than $7 billion from that program. However, analysts say, Southwest’s service meltdown is unrelated to the taxpayer assistance the airline received in 2020. Cancelled Southwest Airlines flights are seen on the flight schedules at LaGuardia Airport, Tuesday, Dec. 27, 2022, in New York. In April 2020, airline passenger traffic plummeted 96% and stayed 60% below 2019 levels in 2020, according to the US Government Accountability Office. “The problems at Southwest Airlines over the last several days go beyond weather,” she said in a statement.

☆ 'Incendiary devices' found after apparent murder-suicide at Colorado Jehovah's Witness hall
▼ + stars: | 2022-12-26 | by ( Mithil Aggarwal | ) www.nbcnews.com time to read: +1 min

"Incendiary devices" were found at a Jehovah’s Witness hall following the apparent murder-suicide of a married couple there on Christmas Day, according to Colorado police. "An adult female was shot and killed by an adult male, who then shot and killed himself," the police said in a statement Sunday. The devices at the scene were rendered safe, police said, adding there were no additional suspects. "This kind of violence is always shocking but particularly on Christmas Day," Thornton Mayor Jan Kulmann said in a statement on Twitter. If you or someone you know is in crisis, call 988 to reach the Suicide and Crisis Lifeline.

☆ Air travellers warned of delays as UK passport control staff strike
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +2 min

[1/5] Members of the Public and Commercial Services (PCS) Union take part in a border force workers strike action near Heathrow Airport, in London, Britain December 23, 2022. The Public and Commercial Services Union said more than 1,000 Border Force staff, who are employed by the government, were expecting to strike. The union said its Border Force members had been offered a 2% pay rise, far below inflation that stood at 10.7% in November. "Immigration halls are free flowing ...with Border Force and the military contingency providing a good service," a spokesperson said. Gatwick, Britain's second busiest, said passengers should expect longer wait times at passport control between Friday and the end of the year.

☆ These photos show the many ways Christmas is celebrated around the world
▼ + stars: | 2022-12-23 | by ( Natalie Tham | ) www.cnbc.com time to read: +8 min

In a yearly series, CNBC Travel highlights diverse Christmas celebrations around the world. The Gavle goat is moving to a new location this year for the first time in 56 years, according to Visit Gavle, the city's visitor's guide. "He means a lot for us in Gavle, and he's a big part of the Christmas spirit," she said. Teachers, students and parents hold Christmas lanterns made from recycled materials during a campaign for sustainable Christmas celebrations at an elementary school in Quezon City, Philippines. "If I'm in Brazil during Christmas, I take my nephew and niece to a Christmas parade, and we have a blast!

☆ Ex-academic forges a new career denying Trump's 2020 election loss
▼ + stars: | 2022-12-21 | by ( ) www.reuters.com time to read: +27 min

“The war is just getting started,” Clements told his 100,000 Telegram followers on Nov. 16. His rise in the movement began in January 2021, when a dispute with his employer, New Mexico State University, over the U.S. Capitol riot went public. ‘I will not take the jab’Clements’ swift rise in election-denier circles caused a stir at New Mexico State, where he continued to teach. Flynn co-founded the America Project, a well-capitalized right-wing group that has financed lawsuits and campaigns challenging the 2020 election results and the integrity of U.S. voting systems. One of their roles is to certify election results, which until the Trump era was typically a rubber-stamp formality.

☆ The man behind Trump World’s myth of rigged voting machines
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +32 min

He publicly announced his purchase of Montgomery’s data in August at a gathering in Missouri of hundreds of his followers. “I own it,” Lindell said of Montgomery’s data, touting it as irrefutable proof Trump was cheated. On Nov. 9, far-right podcaster Joe Oltmann linked Montgomery’s Hammer and Scorecard claims to a parallel conspiracy theory: that widely used voting machines manufactured by Dominion Voting Systems were rigged to flip votes from Trump to Biden. Powell amended her complaint a few days later and dropped the expert’s declaration and the references to Montgomery’s claims. But the government said in a recent court filing that the order has nothing to do with election data.

☆ Orange finance head Fernandez to join transport group CMA CGM
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +1 min

PARIS, Dec 20 (Reuters) - French telecoms group Orange's (ORAN.PA) deputy chief executive and head of finance, Ramon Fernandez, is leaving the company to join shipping and transport company CMA CGM as finance director. Fernandez will Orange at the end of the first quarter of 2023, the company said on Tuesday, adding that a successor will be named soon. French transport group CMA CGM said in a separate statement that Fernandez would start his new role at the start of the second quarter next year. "I would like to thank Ramon for his unfailing commitment to the group," Orange CEO Christel Heydemann said in statement. "We will continue to work together and in confidence over the coming weeks to finalise our next strategic plan."

The article was one of a series of reports this year by the news agency on Binance's financial compliance and relationship with regulators across the world. Reuters also asked representatives of the local Binance units and affiliates about their relationship with the main Binance exchange. In Italy, Binance's public corporate filings detail just the unit's capital base and its ownership by a separate Binance company in Ireland. The Italian company, Binance Italy S.R.L., has its listed address in a block of shops and apartments in the southern city of Lecce. Just two of the Binance units analysed by Reuters offer more substantial details in their filings.

☆ Hope Hicks testifies Trump refused to tell supporters to be non-violent on January 6, instructing them instead to 'fight like hell'
▼ + stars: | 2022-12-19 | by ( Warren Rojas | ) www.businessinsider.com time to read: +2 min

Former Trump aide Hope Hicks said she and others urged Trump to decry any violence on January 6. Hicks told House select committee investigators that Donald Trump refused to listen. Trump commanded the MAGA mob that amassed in Washington that day to "fight like hell." Hicks met with House select committee members in October to share her insights into everything that happened that day. She told Trump that he'd lost and "nobody's convinced me otherwise," according to internal deliberations highlighted in the Trump-centric tome "The Divider: Trump in the White House, 2017-2021."

☆ First openly transgender woman set to be executed in the U.S. asks for mercy
▼ + stars: | 2022-12-15 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

— The first openly transgender woman set to be executed in the U.S. is asking Missouri’s governor for mercy, citing mental health issues. There is no known case of an openly transgender inmate being executed in the U.S. before, according to the anti-execution Death Penalty Information Center. McLaughlin’s lawyers also listed the jury’s indecision and McLaughlin’s remorse as reasons Parson should spare her life. Missouri has only executed one woman before, state Corrections Department spokeswoman Karen Pojmann said in an email. McLaughlin’s lawyers said she previously was rooming with another transgender woman but now is living in isolation leading up to her scheduled execution date.

☆ Bank of England readies another rate hike even as recession hits
▼ + stars: | 2022-12-15 | by ( Andy Bruce | ) www.reuters.com time to read: +4 min

The Monetary Policy Committee (MPC) has faced both encouraging and worrying news on the economy since a majority voted in early November to raise rates by 0.75 percentage point, the biggest hike since 1989. A big majority of the 54 economists polled by Reuters last week predicted a 0.5 percentage point increase in Bank Rate, which would take it to a 14-year high of 3.5%. Investors mostly agree although financial markets put a roughly 25% chance of another 0.75 percentage point hike. The annual rate of consumer price inflation dropped to 10.7% in November from 11.1% in October, a lower rate than the BoE had pencilled in last month. "We think the Bank will opt for further hikes in the first half of 2023, until inflation shows less momentum."

☆ A Mother-Daughter Team Went to the Bronx With $350,000 for a New Place. Which Option Did They Choose?
▼ + stars: | 2022-12-15 | by ( Debra Kamin | ) www.nytimes.com time to read: +2 min

Jeanine Edwards always wanted to buy her own place, but as a lifelong New Yorker, she wasn’t sure it was possible. She turned her sights to Riverdale, the leafy Bronx enclave where home prices are less than half of those in Harlem. After years of living in Manhattan, Riverdale seemed a little “too far from the mix,” she said. But Sadie’s school was there, and it suddenly seemed like the best option. Among the homes she considered, all within a five-minute drive of Sadie’s school:

☆ Fusion power is still decades and billions of dollars away, even after this week's major scientific breakthrough
▼ + stars: | 2022-12-14 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +2 min

The nuclear fusion breakthrough heralded on Tuesday was a historic event, culminating decades of research. At the same time, fusion power will not be contributing electricity to any power grid for at least a decade, according to most industry watchers. "We got out 3.15 megajoules, we put in 2.05 megajoules in the laser," said Mark Herrmann, a program director at Lawrence Livermore, on Tuesday. All of that energy went into the laser fusion reaction that showed net gain of about 1.1 megajoules — enough energy to boil a teakettle maybe two or three times. "This is a science achievement, not a practical one," Omar A. Hurricane, a chief scientist at Lawrence Livermore, told CNBC.

☆ Why tech insiders are so excited about ChatGPT, a chatbot that answers questions and writes essays
▼ + stars: | 2022-12-13 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +6 min

Lately, Zwingmann has been generating lecture notes using ChatGPT, a new chatbot that's quickly become the latest fad in tech. ChatGPT automatically generates text based on written prompts in a fashion that's much more advanced and creative than the chatbots of Silicon Valley's past. Five days after OpenAI released ChatGPT, Altman said that the chat research tool "crossed 1 million users!" ChatGPT is essentially a variant of OpenAI's popular GPT-3.5 language-generation software that's been designed to carry conversations with people. While ChatGPT is free, OpenAI sells access to its underlying language and related AI models for businesses to use.

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