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☆ Target workers reveal the best perks and biggest frustrations of the job
▼ + stars: | 2023-04-17 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +9 min

But as attractive as the incentives may be for new applicants, some Target workers say the daily realities of working for the company can make those perks lose their luster. Most workers who spoke to Insider said that managers often pull them from one task to another to support a lean-staffing model. Joe Raedle / Getty ImagesAdditionally, all the workers Insider spoke with agreed that the company's interest in tracking metrics on activities from restocking and repricing to drive-up-order fulfillment can increase the pressure on workers. The company's benefits website says hourly workers' benefit eligibility is reviewed annually and averaged over the prior twelve months. A majority of the sources Insider spoke with said a big reason they sought a job at Target was that they love shopping there — and they still do.

☆ This is the No. 1 state for working from home, according to new research
▼ + stars: | 2023-04-16 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

The share of people working remotely tripled during the Covid-19 pandemic: In 2021, 17.9% of U.S. employees primarily worked remotely, up from 5.7% in 2019, the U.S. Census Bureau reports. But that number has dwindled in recent months as more companies including Disney, Amazon and JPMorgan Chase & Co. require employees to return to the office. As of February, 12.1% of U.S. workers reported that they are fully remote, compared to 60% of people who are on-site and 27.8% who have a hybrid arrangement, according to recent data from WFH Research. Some places, however, are more conducive to remote, flexible work than others — that's at least according to a new report from WalletHub, which identifies the best and worst states for working from home. WalletHub also considered how large and crowded homes are in each state, as well as the share of people working remotely on a full or part-time basis.

☆ Ugandan LGBTQ activist readies for the fight of his life
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +4 min

Since then, as Mugisha has emerged as the country's most prominent LGBTQ rights activist, the perils have multiplied. "The Ugandan population has been radicalised to fear and hate homosexuals," Mugisha, 38, told Reuters during an interview outside the capital, Kampala. "I guess I am going to be in trouble a lot because I am not going to stop," Mugisha said. [1/5] Ugandan LGBTQ activist Frank Mugisha poses for a photograph after a Reuters interview in Makindye, suburb, of Kampala, Uganda March 30, 2023. In 2007, Mugisha took over leadership of Sexual Minorities Uganda (SMUG), an advocacy group he had earlier joined as an activist.

April 12 (Reuters) - Abortion opponents on Tuesday urged a U.S. appeals court to allow the suspension of Food and Drug Administration's approval of the abortion pill mifepristone, in a case with potentially far-reaching impact on how the government regulates medicine. The abortion opponents' requests came one day after the U.S. Department of Justice urged the appeals court to put U.S. District Judge Matthew Kacsmaryk's April 7 order voiding the FDA's approval on hold through the appeals process. It is not clear when the 5th Circuit will rule on extending the stay. Twelve of the 16 5th Circuit judges who hear cases are Republican appointees. Circuit Court of Appeals, No.

☆ High stock valuations suggest investors think the US economy will avoid recession, but expecting more equity gains is a stretch, Barclays says
▼ + stars: | 2023-04-11 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

The S&P 500 is up about 18% from its October lows, getting close to reach bull-market status. But Barclays says "the bull case for equities, like valuations, is still a stretch." Earnings estimates are still high for an economy that's unlikely to skirt a recession, the bank says. But Barclays sees valuations as "too optimistic" relative to its base case for a shallow recession and $200 in per-share earnings collectively for S&P 500 companies in 2023. "Ultimately, we think the bull case for equities, like valuations, is still a stretch," he said.

☆ Morning Bid: And it was all going so well
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +3 min

LONDON, April 6 (Reuters) - A look at the day ahead in U.S. and global markets from Amanda Cooper. The prospect of a sustained string of interest rate rises last year led to an epic sell-off in bonds and battered sectors of the stock market, such as tech. As 2023 dawned, data showed the economy was holding up, the consumer was resilient, and, just as importantly, so were corporate profits. But this week's data releases have served as a reminder that policy transmission - the effect of changes in interest rates on the real world - is alive and well. Twelve months and nearly 500 basis points of rate rises will eventually take their toll.

☆ Here are Thursday's biggest analyst calls: Netflix, Apple, Amazon, Microsoft, FedEx, Pinterest & more
▼ + stars: | 2023-04-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Raymond James upgrades FedEx to outperform from market perform Raymond James said and "undeniable" positive change is underway at the shipping giant. "We are initiating coverage of XPO, one of the largest less-than-truckload (LTL) carriers, in North America, with an Outperform rating and a $44 target price." "We are initiating coverage of Skyworks Solutions, with a Buy rating and $150 target price. Raymond James upgrades Wells Fargo to strong buy from outperform Raymond James said the banking giant is well positioned in the current environment. Raymond James initiates Pinterest as outperform Raymond James said it sees "steady user growth" for Pinterest.

☆ US services sector growth slows; price pressures abating
▼ + stars: | 2023-04-05 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

Despite the pullback in growth in the services sector, Anthony Nieves, chair of the ISM Services Business Survey Committee noted that "the majority of respondents report a positive outlook on business conditions." The services sector is being supported by consumers switching spending from goods, which are typically bought on credit. ISM services PMITRADE DEFICIT WIDENSWhile accommodation and food services businesses reported that "traffic is recovering and nearly flat," they added "we are optimistic about the coming months." With demand cooling, services sector inflation continued to subside, though it remains elevated. Services sector employment growth also moderated.

Summary Fossil fuel-fired power output rises fastest in nearly 3 decadesEmissions from power gen rose nearly a sixth to 1.15 bln tonnesCoal-fired power output up 12.4%, gas-fired output down 29%Share of coal in overall power output rose to 73.1%Renewables output rose 21.7%, share up to 11.8%SINGAPORE, April 5 (Reuters) - India's power generation grew at the fastest pace in over three decades in the just-ended fiscal year, a Reuters analysis of government data showed, fuelling a sharp surge in emissions as output from both coal-fired and renewable plants hit records. In the new fiscal year that began April 1, Indian power plants are expected to burn about 8% more coal. That is 3.4% of the International Energy Agency's estimate of annual global emissions of 33.8 billion tonnes in 2022. The government has defended India's high coal use citing lower per capita emissions compared with richer nations and rising renewable energy output. The green energy output helped prevent as much as 32.5 million tonnes of CO2 emissions from power that would otherwise likely have been produced with coal, calculations show.

☆ New silicon anodes could help EV batteries go farther, charge faster
▼ + stars: | 2023-04-04 | by ( Paul Lienert | ) www.reuters.com time to read: +2 min

Two startup companies, Group14 Technologies and Sila Nanotechnologies, are focused on new applications for silicon, an abundant element that is being developed as a supplement or replacement for graphite in battery anodes. Seven-year-old Group14 said on Tuesday that it has begun constructing a commercial-grade facility in Moses Lake for its SCC55 silicon-carbon powder. Group14’s joint-venture plant in Korea with battery maker SK is scheduled to open this year, according to Rick Luebbe, CEO and co-founder. Sila has raised more than $900 million, with Mercedes, ATL and Siemens (SIEGn.DE) among its corporate investors. Strong demand for silicon-rich anodes means “we’re under pressure to go faster and bigger,” Luebbe said.

☆ Former Greylock VC Sarah Guo is betting her career on the AI boom with new fund Conviction. Here's why.
▼ + stars: | 2023-04-03 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +8 min

Ex-Greylock GP Sarah Guo surprised the tech world when she launched her AI fund Conviction last year. In addition to her fund, Guo has gained prominence in SF's AI scene through her podcast and events. Kovalsky knew of only one person who could be behind this — Sarah Guo, then a general partner at VC firm Greylock. Within the tech community, Guo has differentiated herself from other VCs through her honesty, business savvy, and grit, they added. Although Guo launched Conviction, a $100 million fund investing up to Series A, in late 2022, her interest in artificial intelligence has been long in the making.

REUTERS/Lawrence Bryant/File PhotoApril 3 (Reuters) - Planned Parenthood on Monday asked a state court judge in Utah to block a law set to take effect next month that would effectively ban abortion clinics from operating in the state. The case is before Judge Andrew Stone, who last year issued a preliminary order preventing the state from enforcing an earlier abortion ban while he hears a legal challenge by Planned Parenthood. Planned Parenthood argued that Stone should block the newer law for the same reason, saying it would ban 95% of abortions in the state if allowed to take effect on May 3. "As promised, Planned Parenthood Association of Utah is fighting back and doing everything in our power to make sure that Utahns can get the care they need to stay healthy," Sarah Stoez, interim president and CEO of Planned Parenthood Association of Utah, said in a statement. Twelve of the 50 U.S. states now ban abortion outright while many others prohibit it after a certain length of pregnancy, according to the Guttmacher Institute, a research organization that supports abortion rights.

☆ There's a simple reason why it's very likely that the stock market bottomed in October
▼ + stars: | 2023-03-31 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The stock market's October low likely represented the bottom of the bear market, according to Fundstrat. @mattcerminaroThe second most popular month for the stock market to bottom during a bear market is March, which happened twice since 1950. March includes perhaps the most famous bear market bottom of March 9, 2009, in the throes of the Great Financial Crisis. "Over past 50 years, two consecutive quarters never seen in a 'bear market," Fundstrat's Tom Lee said in a Friday note. But just because the stock market may have hit its cycle low, that doesn't mean new highs are right around the corner.

☆ Explainer: Why is Britain joining a trans-Pacific trade pact?
▼ + stars: | 2023-03-31 | by ( Alistair Smout | ) www.reuters.com time to read: +4 min

Here are some details of the agreement as Britain seeks post-Brexit trade wins in geographically distant but faster growing economies. HOW MUCH DOES BRITAIN TRADE WITH CPTPP? Britain says that exports to CPTPP countries were worth 60.5 billion pounds in the twelve months to end-Sept. 2022. David Henig, Director, the UK Trade Policy Project, said that only Malaysia and Brunei weren't covered by existing FTAs, and they only account for 0.33% of UK trade. GEOPOLITICAL FACTORSWhile the long-term benefit for Britain's economy is set to be modest, Britain has other reasons for joining the bloc.

☆ Ancient Egyptian zodiac symbols were found in a temple after archaeologists cleared away 2,000 years' worth of grime
▼ + stars: | 2023-03-31 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

Ancient Egyptian star signs were found under a thick layer of soot and dust in the Temple of Esna. The colors in the full set of Egyptian zodiac symbols are vivid after being protected by the grime. The set is just one of three full sets of ancient Egyptian zodiac signs uncovered in Egyptian temples, said Dr. Daniel von Recklinghausen, a Tübingen Egyptologist who worked on the project. These zodiac symbols were uncovered in the latest series of renovations, which revealed the designs in brilliant colors. Ancient Egyptians adopted astrology late in their reignThese symbols show the decans, which are zodiac symbols representing the 12 hours of the night.

☆ Medvedev survives Khachanov test to reach Miami final
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +2 min

[1/3] Mar 31, 2023; Miami, Florida, US; Daniil Medvedev reacts after winning a point against Karen Khachanov (not pictured) in a men's singles semifinal on day twelve on the Miami Open at Hard Rock Stadium. Mandatory Credit: Geoff Burke-USA TODAY SportsMarch 31 (Reuters) - Daniil Medvedev survived a stern test from his friend and fellow Russian Karen Khachanov to win 7-6(5) 3-6 6-3 for a tour-leading 28th victory this season and a spot in the Miami Open final. Red-hot fourth seed Medvedev has now reached the final in five consecutive events after triumphs in Doha, Rotterdam and Dubai before finishing runner-up at Indian Wells. "Really happy to be through a very tough match," Medvedev said in his on-court interview. Medvedev, who entered the match having not dropped a set in Miami, showed his resolve and patience to consolidate an early break and race out to a 4-1 lead.

[1/3] U.S. President Joe Biden arrives to deliver remarks during a virtual Summit for Democracy, which he is hosting from an auditorium on the White House campus in Washington, U.S., March 29, 2023. REUTERS/Jonathan ErnstWASHINGTON, March 29 (Reuters) - U.S. President Joe Biden announced new funding to bolster democracies around the world at a meeting on Wednesday, although dozens of countries were holding back on a summit declaration laying out commitments to democratic principles. "To meet the rising challenges to democracy worldwide, we commit to strengthen democratic institutions and processes and build resilience," the declaration said. A senior administration official said the declaration remained open and additional countries could still endorse it. Biden announced over $400 million for similar programs in 2021 when he last held such an event.

Reuters could not determine Coley's status in the government investigations or whether she had cooperated. While he was its director of enforcement, the CFTC increasingly worked on investigations in parallel with federal prosecutors. McDonald's representation of Coley comes as the U.S. investigations pile pressure on Binance, which dominates the crypto sector as the world's largest digital currency exchange. The CFTC's complaint said that Binance personnel, including Zhao, have "dictated Binance.US's corporate strategy, launch, and early operations." In a subpoena addressed to Coley that same month, the SEC also requested all records of her activities and meetings.

☆ With ChatGPT hype swirling, UK government urges regulators to come up with rules for A.I.
▼ + stars: | 2023-03-29 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

In the white paper, the Department for Science, Innovation and Technology (DSIT) outlined five principles it wanted companies to follow. Rather than establishing new regulations, the government is calling on regulators to apply existing regulations and inform companies about their obligations under the white paper. "When parliamentary time allows, legislation could be introduced to ensure regulators consider the principles consistently." On Monday, Secretary of State Michelle Donelan visited the offices of AI startup DeepMind in London, a government spokesperson said. Not everyone is convinced by the U.K. government's approach to regulating AI.

☆ Credit Suisse whistleblowers say Swiss bank has been helping wealthy Americans dodge U.S. taxes for years
▼ + stars: | 2023-03-29 | by ( Eamon Javers | ) www.cnbc.com time to read: +14 min

In this article CSCSG.N-CH Follow your favorite stocks CREATE FREE ACCOUNTA sign of Credit Suisse bank is seen at their headquarters in Zurich on March 20, 2023. "To date, no Credit Suisse employees involved in the scheme have faced any consequences from the United States government for their participation." "It's not a question of whether Swiss banks continue to do this, it's a question of which Swiss banks still do this." In a statement to CNBC, a Credit Suisse spokeswoman said it does not tolerate tax evasion. "DOJ must correct its lax oversight of Credit Suisse and hold Credit Suisse accountable for any violations of its plea agreement," he said.

☆ Elon Musk says he's working on Twitter's customer service — but some Tesla and Starlink customers haven't been impressed when trying to receive support
▼ + stars: | 2023-03-28 | by ( Kate Duffy | ) www.businessinsider.com time to read: +3 min

Elon Musk said Twitter users must have good customer service, and that he was working on it. Customers of his other companies have said they're disappointed at the lack of customer service. "Of course, you need to have good customer service for money," Musk tweeted, adding he was "working on it." Some commented on how slow and unresponsive Tesla's customer service was, while others said it was quick and easy. Are you a Starlink user or Tesla owner who is disappointed with the company's customer service?

☆ 6 books that taught me how to be a freelancer and land clients quickly
▼ + stars: | 2023-03-26 | by ( Chris Weller | ) www.businessinsider.com time to read: +1 min

Chris Weller recently launched a new business to help thought leaders tell their stories. He read many books before starting his business and shared his six favorites. My business is to help thought leaders in business and academia write more effectively and gain recognition for their ideas — storytelling. Before I started the actual business, I knew I needed to learn more about what I was getting myself into. Three weeks into starting my business, I was already under contract for my first projects and now have a handful more lined up.

March 23 (Reuters) - The U.S. Consumer Financial Protection Bureau's funding structure is constitutional, a Manhattan appeals court ruled on Thursday, as the U.S. Supreme Court prepares to consider the issue next term. Circuit Court of Appeals finding the CFPB's funding unconstitutional. Circuit Court Judge Richard Sullivan said the constitution only requires that expenditures be authorized by an act of Congress. U.S. Supreme Court decisions and historical principles of congressional spending support that conclusion, he wrote. Circuit Court of Appeals, No.

☆ Indian market watchdog speeds up action against social media stock tips - sources
▼ + stars: | 2023-03-23 | by ( Jayshree P Upadhyay | ) www.reuters.com time to read: +3 min

The Securities and Exchange Board of India's rules say that only advisers registered with it can offer investment advice. Companies potentially facing enforcement action are digital investment platforms which offer financial products and investment advice without appropriate regulatory licences, the sources said. "This is a part of series of enforcement actions that the regulator is taking to tackle unsolicited investment advice being peddled on social media," said the second source cited above. The regulator will consult the market participants on ways to regulate social media financial influencers more broadly. These influencers could be required to make disclosures and disclaimers on their social media platforms before they offer any public advice.

☆ Mistakes by the US's top spies allowed China to turn a deadly mid-air collision into an intelligence coup
▼ + stars: | 2023-03-22 | by ( James Bamford | ) www.businessinsider.com time to read: +36 min

On April 1, 2001, a US EP-3 spy plane collided with a Chinese fighter jet over the South China Sea. One of eleven left in the fleet, the tired 1960s-era spy plane bristled with porcupine-like antennas. Within minutes, however, the fighters had reached the lumbering spy plane, and while Zhao Yu hung back about a half-mile, Wang Wei rapidly closed in. In severe trouble, he immediately radioed the base, telling them he was unable to maneuver and being sucked in by the spy plane. "You are not allowed aboard the aircraft," Osborn said.

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