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☆ Labour Party Conference: Meet Keir Starmer, Britain's likely next Prime Minister
▼ + stars: | 2023-10-10 | by ( Luke Mcgee | ) edition.cnn.com time to read: +10 min

At least that’s how it felt in Liverpool, where the opposition Labour Party held its annual conference this week. In front of a packed hall, Labour leader Keir Starmer gave an upbeat speech painting the ruling Conservatives as the party of national decline and Labour as the party of stability. A protestor throws glitter over Labour party leader, Keir Starmer during the leader's speech at the Labour Party conference on October 10, 2023 in Liverpool, England. Shadow chancellor Rachel Reeves makes her keynote speech during the Labour Party Conference in Liverpool on October 9, 2023. The story Labour is telling right now isn’t just the story of Keir Starmer, leader in waiting, but Keir Starmer and his political allies, who are the government in waiting.

Persons: Keir Starmer, “, Ian Forsyth, wilder, Jeremy Corbyn, –, Corbyn’s, Starmer, Corbyn, Boris Johnson’s “, Liz, ”, Queen Elizabeth II, David Lammy, Lammy, he’d, Johnson, Rachel Reeves, Peter Byrne, Jeremy Hunt’s, won’t, Trump, Labour – Organizations: Liverpool CNN, Labour Party, Labour, Conservative, Conservative Party’s, CNN, Conservative Party, Northern, Conservatives ’, Government, University of Leeds, Oxford, Cambridge, Public Prosecutions, Labour Party Conference, Corbyn, Biden, Conservatives Locations: Liverpool, Manchester, England, Corbyn, Israel, Britain, America, Germany, Labour’s

Schultz had met with a group of employees from Starbucks locations in Long Beach, California, to discuss concerns about working conditions. Lawyers for Starbucks Workers United, which is organizing the company's workers and filed a complaint on behalf of Hall, did not immediately respond to a request for comment. Starbucks and Schultz have faced allegations of widespread illegal union-busting from workers, labor groups and Democratic lawmakers. Hall then asked Schultz about allegations of illegal labor practices in complaints pending at the NLRB, according to the filings. SenatorsStarbucks must disclose spending on response to union campaign, judge rulesReporting by Daniel WiessnerOur Standards: The Thomson Reuters Trust Principles.

Persons: Howard Schultz, Julia Nikhinson, barista, Brian Gee, Schultz, Hall, ” Gee, Gee, Jonathan Levine, Littler Mendelson, Gabe Frumkin, Barnard Iglitzin, Lindsay Parker Read, rehire, Daniel Wiessner Organizations: Starbucks, Health, Education, Labor, Capitol, REUTERS, Former Starbucks Corp, National Labor Relations, Madison Hall, Starbucks Workers, Workers, Democratic, NLRB, U.S . Department of Labor, Starbucks Corp, National Labor Relations Board, U.S, Senators Starbucks, Thomson Locations: Washington ., California, Los Angeles, Long Beach , California, U.S, Long Beach

☆ Britain’s Sunak issues rallying cry for a party that is already planning life without him
▼ + stars: | 2023-10-04 | by ( Luke Mcgee | ) edition.cnn.com time to read: +11 min

While the party establishment loathes Farage, Conservative members greeted him with open arms and requests for selfies after he arrived on Monday afternoon. The Conservative Party has always been a broad church, with competing factions jostling for supremacy. But Conservative Party members are rather different to the general public. Supporters applaud as Britain's Prime Minister Rishi Sunak speaks during the Conservative Party annual conference on Wednesday. Bookmakers' odds on the next UK general election are displayed outside the Manchester venue for the Conservative Party Conference on October 4, 2023.

Persons: Rishi Sunak, Boris Johnson, Liz Truss, –, steadying, ” Sunak, Sunak, Nigel Farage, loathes Farage, Hannah McKay, Kemi Badenoch, don’t “, Justin Tallis, Jeremy Hunt, Jon Super, Brexit, Johnson, didn’t, “ He’s, ”, Braverman, Grant Shapps, Suella Braverman, James, Stefan Rousseau, Christopher Furlong, Rishi Organizations: England CNN — British, Conservative Party, Conservative, CNN, Conservatives, Euroskeptic, Independence Party, European Union, selfies, Britain's UK Independence Party, PM, Labour Party, European, Human, Labour, British, Getty, Conservative Party Conference Locations: Manchester, England, “, North, Midlands, London, Sunak

☆ Hip-hop stars and financial luminaries: Ritholtz Wealth Management redesigns the investment conference
▼ + stars: | 2023-09-11 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Surf City USA —for a financial conference. A financial conference on a beach? Reinventing the financial conferenceWelcome to FutureProof, billed as "the largest gathering of top-tier wealth management professionals, CEOs, CTOs, COOs, and fast-growing financial advisors." It's the brainchild of Barry Ritholtz, co-founder, chairman, and chief investment officer of Ritholtz Wealth Management, and CEO Josh Brown. "Coming out of the pandemic, it was obvious to us that the traditional financial conference was past its sell-by date," Ritholtz told me.

Persons: Tang, Redman, They're, Jeremy Siegel, Jeff Kleintop, Charles Schwab, Emily Roland, John Hancock, Cliff Asness, Jeff Gundlach, maven Jan van Eck, Barry Ritholtz, Josh Brown, Ritholtz, FutureProof, You'll, Goldman, Goldman Sachs, Morgan Stanley, JP Morgan, RIAs, Dan Ives, Scott Wapner, Siegel, Morningstar, Christine Benz, Jeffrey Ptak, Ben Johnson, podcasters Michael Batnick, Ben Carlson, Wu, Tang Clan Organizations: Wharton, Ritholtz Wealth Management, Chiropractic, Health, Investment Advisors, CNBC, Financial Locations: Huntington Beach , CA, Huntington Beach , California, Surf, Huntington Beach, AQR, DoubleLine, FutureProof, COOs, Wells, Wedbush, Young

☆ At Taser maker Axon, ex-staff say loyalty meant being tased, tattooed
▼ + stars: | 2023-08-30 | by ( Scottsdale | ) www.reuters.com time to read: +34 min

Reuters also interviewed 63 current and former Axon employees, including nine former executives. No one with whom Reuters spoke was aware of deaths or lawsuits stemming from tasings of Axon staff. Axon has faced fewer lawsuits since 2009, the year it introduced a new Taser model with a lower charge. Screenshots from an Axon promotional video show CEO Rick Smith taking a Taser hit in 1993, the year he co-founded the business. And that’s off-putting.”Gorman, the former Axon lawyer, said he “vividly” remembers an executive asking him if he was going to be tased.

Persons: Ross Blank, Blank, Steve Tuttle, Shawn Gorman, ”, Jennifer Chatman, Rick Smith, Andrea James, ” James, Axon’s, tasings, ” Blank, Tuttle, Staff tasings, “, Valencia Gibson, Gibson, Reuters –, Axon’s “, Bro, Josh Isner, Isner, James, –, Ann Rosenthal, Rosenthal, ” Rosenthal, Sigma Chi, Smith, ” Smith, ” Michael Church, Hans Marrero, Marrero, ” Marrero, “ I’m, ’ ” Smith, “ It’s, ” Gibson, ” ‘, impressionable, squinting, Keara, Rylan, Mihir Shah, ” Shah, Mario Barth, “ Willing, It’s, Isaiah Fields, Wayne Guay, Lamar Cousins, Cousins, Kevin De Rosa Jr, De Rosa, ” Isner, Smith’s, De Rosa bellowed, They’re, ” Gorman, You’re, Jeffrey Dastin, Paresh Dave Art, John Emerson, Julie Marquis Organizations: Enterprise Inc, Reuters, Haas School of Business, University of California, Staff, Scottsdale, Yorker, U.S . Securities, Exchange Commission, . Occupational Safety, Health Administration, federal, Safety, Health, Labor, Sigma, Harvard, Sigma Chi, Boston Magazine, Harvard’s Sigma Chi, U.S . Marine Corps, YouTube, Employment, Los, Keara Berlin, ” Employees, Los Angeles Police Department, Wharton School, University of Pennsylvania, strapping, Culture Locations: Berkeley, Rome, United States, Arizona, U.S, Las Vegas, Los Angeles, “, Berlin, Sacramento, San Jose , California, tasings, Mandalay, Scottsdale, wasn’t

Even as inflation has slowed from last summer's 40-year highs, Fed officials have been reluctant to declare their job finished until there are clearer signs the economy is slowing. If, as some argue, the interest rate that neither stimulates nor restrains the economy has shifted higher, it means Fed policy is putting less pressure on the economy than expected. Partly to let its policies play out, the Fed is widely expected to leave interest rates on hold at its Sept. 19-20 meeting. Will the bulk of policymakers feel higher rates will be needed to finish the job? "I do expect some rise in unemployment will be required to get underlying inflation into a zone where the Fed is comfortable."

Persons: Chris Albrecht, what's, Thomas Barkin, Barkin, Charles Evans, Richard Clarida, Howard Schneider, Dan Burns, Paul Simao Organizations: Caesars, Richmond Fed, Reuters, Fed, Chicago Fed, Workers, U.S, Thomson Locations: DANVILLE, Virginia, Danville , Virginia, Caesars Virginia, Danville, U.S, Jackson Hole , Wyoming

ATHENS, July 23 (Reuters) - A wildfire raging on the Greek island of Rhodes forced thousands of tourists and island residents to shelter in schools and indoor stadiums on Sunday after they were evacuated from coastal villages and resorts. One government official told Reuters 19,000 people had been moved away from their homes and hotels, 3,000 of them by boat. Large groups gathered in the streets under a red sky waiting to be taken to safety. "We have between 4,000 and 5,000 people now accommodated at different structures," Thanasis Virinis, a vice mayor of Rhodes told Mega television on Sunday, calling for donations of essentials such as mattresses and bedclothes. "Customers currently in Rhodes will return on their intended flight home", it sad in a statement.

Persons: Amy Leyden, Leyden, Rhodes, Ioannis Artopoios, Jet2, TUI, Renee Maltezou, Elizabeth Piper, Frank Jack Daniel, Frances Kerry Organizations: Correndon, Reuters, Sky News, Volunteers, Mega, Firefighters, World Meteorological Organization, Thomson Locations: ATHENS, Rhodes, TUI, Greece, Kiotari, Lindos, Southern Europe

☆ Tourists flee Greek island Rhodes wildfire, thousands evacuated
▼ + stars: | 2023-07-23 | by ( ) www.cnbc.com time to read: +2 min

A wildfire which has raged on the Greek island of Rhodes for six days forced thousands of tourists and island residents to shelter in schools and indoor stadiums on Sunday after they were evacuated from coastal villages and resorts. Many fled their hotels when huge flames reached the seaside villages of Kiotari, Gennadi, Pefki, Lindos, Lardos and Kalathos. "We have between 4,000 and 5,000 people now accommodated at different structures," Thanasis Virinis, a vice mayor of Rhodes told Mega television on Sunday, calling for donations of essentials such as mattresses and bedclothes. Climate change means heatwaves will become more frequent, an advisor to the World Meteorological Organization (WMO) said on Saturday. The fire has scorched swathes of forest and several buildings since breaking out in a mountainous area on Tuesday.

Persons: Rhodes, Ioannis Artopoios Organizations: Coastguard, Mega, Reuters, World Meteorological Organization, Firefighters Locations: Rhodes, Kiotari, Lindos, Greece, Southern Europe

☆ A Yiddish Haven Thrives in Australia
▼ + stars: | 2023-07-18 | by ( Natasha Frost | More About Natasha Frost | ) www.nytimes.com time to read: 1 min

“Mir kumen on, mir kumen on! Un fest un zikher undzer trot!”Late on a recent Friday night, dozens of voices joined in this Yiddish anthem — “We are coming, we are coming! And our step is firm and true!” — and soared from a conference center among gum trees and kookaburras outside Melbourne, Australia. Today, Yiddish is most commonly used in ultra-Orthodox communities in places like Brooklyn or Jerusalem. But in Melbourne, snatches of it can be heard on certain streets, around multigenerational dinner tables, on stages and in classrooms.

Persons: “ Mir kumen, — Organizations: Australia Locations: Melbourne, Australia, Brooklyn, Jerusalem, Sof, Eastern Europe

☆ Inside YouTube's social-shopping efforts, which are focused on affiliate links and shoppable short video
▼ + stars: | 2023-07-18 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +6 min

At VidCon, the annual conference for creators, industry professionals, and fans, YouTube Shopping made a splash. Michael Martin, YouTube Shopping general manager, and Bridget Dolan, managing director of YouTube Shopping partnerships, each spoke about the platform's new affiliate program. In 2021, YouTube began quietly testing shopping tools like product pins with a small group of creators. The feature looks similar to the in-app shopping tools on TikTok, with a "view products" button on the lower half of the video. Instagram, on the other hand, ended its native affiliate program in July 2022, and cut back on some features, like live shopping.

Persons: Michael Martin, Bridget Dolan, David Katz, who've, TikTok, Amanda Perelli YouTube's, Martin, it's, Jay Kent, Hume, Kent Organizations: YouTube, YouTube's, Coachella, Amazon Associates Locations: VidCon

☆ BlackRock names Saudi Aramco CEO Amin Nasser to board
▼ + stars: | 2023-07-17 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Amin H. Nasser, president and CEO of Saudi Aramco, speaks during a news conference at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. BlackRock said Monday that Amin Nasser, the CEO of Saudi Aramco, the world's largest oil company, is joining the asset manager's board of directors. The world's largest asset manager said the move reflects the firm's emphasis on the Middle East as part of its long-term strategy. In August 2022, Texas Comptroller Glenn Hegar targeted BlackRock, putting the asset manager on a list of financial companies that "boycott energy companies." "It's got nothing to do with maximizing returns and is the opposite of what an asset manager is paid to do."

Persons: Amin H, Nasser, Amin Nasser, Amin's, Larry Fink, Fink, Glenn Hegar, Jimmy Patronis, It's Organizations: Plaza Conference, BlackRock, Saudi Aramco, Aramco, BlackRock Board, Republicans Locations: Saudi Aramco, Dhahran, Saudi Arabia, Saudi, East, BlackRock, Texas, Florida

☆ China opens its doors to the world by kicking off its first in-person 'Summer Davos' since the pandemic
▼ + stars: | 2023-06-27 | by ( Spriha Srivastava | ) www.businessinsider.com time to read: +3 min

The Chinese city of Tianjin is hosting the World Economic Forum's "Summer Davos." Chinese Premier Li Qiang opened the conference, acknowledging global challenges and warning about future public health crises. Saudi Arabia has sent a top delegation to the event, reflecting the importance of its oil trade relationship with China. C-suite executives, government officials, and media members from all over the world have made their way to attend the first in-person World Economic Forum, or WEF, event in China since the pandemic began. The WEF's three-day "Summer Davos" will see over 1,500 participants discuss topics centered around "Entrepreneurship: The driving force of the global economy."

Persons: Li Qiang, —, Li, PASCAL BITZ, Xi Jinping Organizations: Service, Entrepreneurship, New, People's, Economic, China's, Financial Times Locations: Tianjin, Davos, Saudi Arabia, China, Local, People's Republic of China, Kingdom

☆ Inside the Big World of Small Objects
▼ + stars: | 2023-05-13 | by ( Emma Orlow | Evan Jenkins | ) www.nytimes.com time to read: +1 min

CHICAGO — Moments before 10 a.m., a security guard thanked the crowd for being cooperative. Instead, it was the Chicago International Miniatures Show. Despite the gathering touting itself as “the World’s No. 1 Dollhouse Miniatures Show,” there aren’t many actual dollhouses. Attendees instead sift through thousands of tiny objects that fill these tiny homes: miniature sponges, chocolate fondue fountains, rocking chairs, barbecue sets, Tupperware containers or fly swatters.

☆ MGM Group Gets OK to Build Japan’s First Casino in $8 Billion Project
▼ + stars: | 2023-04-14 | by ( Megumi Fujikawa | ) www.wsj.com time to read: 1 min

Osaka’s plans call for a 5.3 million-square-foot complex with a gambling area, conference center and theaters on Yumeshima, or Dream Island. TOKYO—A group that includes MGM Resorts International won government approval Friday to build Japan’s first casino, which they hope to complete by 2029 on an artificial island in Osaka. The decision finally creates a clear path forward for a long-delayed plan to make casino resorts part of Japan’s tourism mix. Osaka, a popular tourist destination that has a large international airport and is close to the ancient capital of Kyoto, was among the first to raise its hand for a gambling license after legislation in 2016 made that possible.

☆ China's 'Belt and Road' grew out of a lending spree. Now those loans may be its problem
▼ + stars: | 2023-04-14 | by ( Sumathi Bala | ) www.cnbc.com time to read: +8 min

Bloomberg | Getty ImagesAt its peak, China's Belt and Road Initiative was seen as the centerpiece of Beijing's engagement with the world. According to the report, China issued 128 emergency rescue loans worth $240 billion to 22 countries — including Pakistan, Sri Lanka and Turkey, among others. 'Trying to salvage Belt and Road'Chinese efforts to revamp Belt and Road have been underway since 2020, according to one observer. "A nod to the concern that many Belt and Road projects were not economically viable to begin with. "The increased indebtedness in many Belt and Road countries is a direct consequence of Beijing's overshooting in the pre-2020 phase," said Zhong.

☆ There's confusion and skepticism in the venture debt community as the industry struggles to figure out the future of SVB's loan business
▼ + stars: | 2023-04-05 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +5 min

The first annual Venture Debt Conference was held in New York last week. The event was marked by confusion and skepticism over the future of SVB's debt business. Last week, as many of the biggest names in venture debt gathered in a conference center in New York City's Midtown neighborhood for the first annual Venture Debt Conference, there was one firm conspicuously absent. They didn't even know what warrants were," they said, referring to stock warrants, a common feature of many venture debt deals. One venture debt executive predicted they'd be out of the game in 5 years.

☆ Saudi National Bank chair resigns just days after Credit Suisse comments sparked sell-off
▼ + stars: | 2023-03-27 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

The Saudi National Bank (SNB) headquarters beyond the King Abdullah Financial District Conference Center in the King Abdullah Financial District (KAFD) in Riyadh, Saudi Arabia, on Tuesday, Dec. 6, 2022. Saudi National Bank Chairman Ammar al-Khudairy resigned his post on Monday, days after his comments exacerbated the share collapse of troubled bank Credit Suisse . Al-Khudairy is stepping down "due to personal reasons," the bank said. The then-SNB chairman said the Saudi bank would not intercede "for many reasons outside the simplest reason, which is regulatory and statutory." The comments fueled investor panic, sinking Credit Suisse shares 24% during that session, despite effectively reiterating SNB's previous position that it did not intend to expand its holdings beyond its then 9.9% interest as Credit Suisse's largest shareholder.

"This is not a good moment for American diplomacy," said William Kirby, a professor of Chinese studies at Harvard University. A source familiar with that conversation called it the most antagonistic U.S.-China engagement since contentious talks in Alaska early in the Biden administration. Name me one," Biden said in his speech, evidently referring to a host of domestic and foreign policy challenges facing China. However, Biden is likely to find Xi emboldened in any call after a Chinese-brokered rapprochement between Saudi Arabia and Iran and his meetings with Putin. Reporting by David Brunnstrom and Michael Martina Editing by Don Durfee and Alistair BellOur Standards: The Thomson Reuters Trust Principles.

☆ How an often overlooked World War II-era shipbuilder designed the boat that Eisenhower said 'won the war for us'
▼ + stars: | 2023-03-19 | by ( Katie Sanders | Mara Storey | ) www.businessinsider.com time to read: +8 min

The Higgins boat is one of the iconic vessels of World War II. Andrew Higgins, center, developed several kinds of landing craft that were invaluable during World War II. His landing craft were used in every major amphibious assault of World War II, from the shores of Europe to the Pacific islands. National World War II MuseumBorn in Nebraska in 1886, Higgins ran newspaper routes and started a lawn-mowing company as a child. In one instance, Navy officials expressed interest in seeing a design for a new 56-foot tank landing craft three days before a scheduled visit to see another type of landing craft.

☆ Your Face Is Your Ticket: A Creepy Convenience
▼ + stars: | 2023-03-05 | by ( Nicole Nguyen | ) www.wsj.com time to read: 1 min

BARCELONA—I’ve been using my face to open doors for me. On Monday, I walked into a conference center and, instead of flashing a badge with my name and photo, I positioned myself in front of a head-height camera the size of my fist. Seconds later, the screen read: “PLEASE ENTER.”

☆ Amazon will halt construction of its planned $2.5 billion Virginia headquarters, as layoffs at the company continue
▼ + stars: | 2023-03-03 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +2 min

Amazon will halt construction at its planned Virginia headquarters, but workers will still move into nearly completed areas of the project, Bloomberg reported. According to Bloomberg, a nearly completed first phase of the headquarters called Metropolitan Park will continue as planned, and will house employees starting in June. "We're always evaluating space plans to make sure they fit our business needs and to create a great experience for employees," Schoettler told Bloomberg in a statement. Schoettler did not confirm a new start date for PenPlace construction, but told Bloomberg the second headquarters would always be a long-term undertaking. "Our second headquarters has always been a multiyear project, and we remain committed to Arlington, Virginia, and the greater Capital Region," Schoettler told Bloomberg.

☆ The New Tech That Will Take Us Beyond the Smartphone. Maybe.
▼ + stars: | 2023-03-02 | by ( Joanna Stern | ) www.wsj.com time to read: 1 min

BARCELONA—It’s a tough time for the smartphone market. Not that you’d know from the 2,000-plus exhibitors and 80,000-ish attendees jammed into a conference center for MWC, the mobile-tech show formerly known as Mobile World Congress. Everyone seems to have optimism about the future, abuzz with buzzwords to sell it. The rules of Buzzword Bingo are simple. As fast as you can, scan the trade-show floor and spot all the acronyms: 5G!

☆ I manage a Davos hotel where Bill Gates and other leaders stay for the World Economic Forum. We barely sleep and live off Red Bull, but we love it.
▼ + stars: | 2023-01-16 | by ( Natalie Rahhal | ) www.businessinsider.com time to read: +9 min

Hans-Rudolf Ruetti manages the Grandhotel Belvédère, where the most important WEF participants stay. For more than 50 years, what's now known as the World Economic Forum (WEF) has taken place in Davos, and every year, the Grandhotel Belvédère has hosted WEF guests. There are several events being put on by important guests, and this is always a challenging task when it comes to safety and security. We also built an additional three kitchens from where we can deliver food exclusively for hotel guests and events hosted here by the forum participants. There really isn't anything we at the hotel don't like about the WEF.

☆ Logistics Companies Are Diversifying Hiring, but Challenges Persist
▼ + stars: | 2022-11-28 | by ( Liz Young | ) www.wsj.com time to read: +8 min

Photo: Sarah Oden/Associated PressWomen and people of color are being hired into top roles in the logistics industry. United Parcel Service Inc. turned to Carol Tomé, a former finance chief at Home Depot Inc., in 2020 to become chief executive officer. Raj Subramaniam, who is from India, was chosen to succeed FedEx Corp. founder Fred Smith as chief executive earlier this year. Judy McReynolds has been chief executive of ArcBest Corp. , one of the largest trucking companies in the U.S., since 2010. Studies also show there is a big gap in pay across the logistics industry.

Multiple people are dead in a shooting Tuesday night at a Walmart in Chesapeake, Virginia, a police official said. The number of people deceased or injured was not clear, but police believe the shooter is dead. Police believe the shooting happened inside the Walmart, Kosinski said. Law enforcement investigate a shooting at a Walmart in Chesapeake, Va., on Tuesday. Kosinski told reporters he did not know how the shooter died.

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