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☆ Travel news: Amsterdam will increase its tourist tax in 2024
▼ + stars: | 2023-10-14 | by ( Lilit Marcus | ) edition.cnn.com time to read: +6 min

CNN —This week in travel news: An ancient Italian site, a hefty European tourist tax and a bunch of bears in Alaska all got bigger. Norbert Eisele-Hein/imageBROKER/Shutterstock An Indian icon: The Hawa Mahal is part of the larger City Palace complex in the middle of Jaipur. According to Indian authorities in charge of the monument, roughly 1 million people visit Hawa Mahal each year. To experience its cooling effects firsthand, head inside Jaipur's City Palace -- it's located on the edge of the palace grounds. Vishal Bhatnagar/NurPhoto/Getty Images India's stunning Hawa Mahal Prev NextThe Hawa Mahal isn’t just one of India’s most beautiful buildings – it was also way ahead of its time in terms of sustainability.

Persons: It’s, Grazer, F, Jimenez, Alaska’s, Grazer “, She’ll, Jeffrey Pfefferle, Leon McNaught, Pfefferle, they’ve, “, ”, Norbert Eisele, Hein, imageBROKER, Hawa, Vishal Bhatnagar, Elena Odareeva, what's, Sanjay Sharma, Kavita Jain, Lola Fdez, Jain, Mickey Mousing, – Organizations: CNN, Amsterdam, Bear, &, Grazer, CNN Travel, UNESCO, Heritage, Adobe, KS, IKEA Locations: Alaska, overtourism Amsterdam, Europe, ”, Amsterdam, Italy, American, Sicilian, Mussomeli, Zhangzhou, Xiamen, Fuzhou, Fujian province, Indian, Jaipur, Jaipur's, Nogales, Kenya, Swedish

☆ They bought a one euro home in Italy. Then they bought another
▼ + stars: | 2023-09-21 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +7 min

Sign up to CNN Travel’s Unlocking Italy newsletter for insider intel on Italy’s best loved destinations and lesser-known regions to plan your ultimate trip. In 2021, Jeffrey Pfefferle bought two abandoned houses in the Sicilian town of Mussomeli. Jeffrey PfefferleThe couple bought it fully furnished: antique furniture, glass chandeliers, plates and blankets were left behind by the former owners. Once it’s fully renovated, it will be liveable.”The couple was last in Mussomeli in February to check on the works. ‘I can’t believe there’s community’The pair bought a turnkey property, and then a one-euro home.

Persons: we’ll, Stanley Tucci, Jeffrey Pfefferle, Leon McNaught, ”, “, Sicily Mussomeli, expats, –, Pfefferle, it’s, “ We’ve, ‘, Sicily’s, Sicily, Stephan Knodler, Agenzia Immobiliare Organizations: CNN, intel, ”, Mussomeli, Palermo, “ Locations: Sicilian, Mussomeli, South California, Sicily, Campania, Zungoli, Rome, Southern California

☆ 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

Copycat layoffsAndreyPopov/Getty Images"Copycat layoffs" is the idea that companies are being influenced by one another as they cut jobs. Jeffrey Pfeffer, a professor at Stanford's Graduate School of Business, attributed the layoffs to "copycat behavior" in an interview with Stanford News in December. They followed on the way up; companies were hiring, so everybody decided to hire. Now, companies are laying off, and everybody decided to follow each other and lay people off." "It's difficult without being inside those companies to really point a finger at why these tech companies are shutting people," Minshew said.

Persons: Jeffrey Pfeffer, " Pfeffer, Kathryn Minshew, Minshew Organizations: Google, Microsoft, Stanford's Graduate School of Business, Stanford News

☆ Warburg Pincus names Asia real estate chief Perlman as president
▼ + stars: | 2023-07-19 | by ( Kane Wu | ) www.reuters.com time to read: +2 min

July 20 (Reuters) - Private equity firm Warburg Pincus on Wednesday named its Asia head of real estate Jeffrey Perlman as successor to Timothy Geithner as president. Geithner, who was U.S. Treasury Secretary in the Obama administration and had headed the Federal Reserve Bank of New York, will become the chair of the New York-based investment firm. "Now is the ideal time to put in place a plan for the next generation of leadership at the firm," Warburg CEO Chip Kaye said. Warburg Pincus has already raised more than the targeted $16 billion in its global flagship private equity fund, said a person with knowledge of the matter. Founded in 1996, Warburg has more than $83 billion in assets under management and its portfolio spans more than 250 companies.

Persons: Warburg Pincus, Jeffrey Perlman, Timothy Geithner, Geithner, Obama, Warburg, Chip Kaye, Kaye, Perlman, Pritam Biswas, Niket, Kane Wu, Arun Koyyur Organizations: Wednesday, Treasury, Federal Reserve Bank of New, Reuters, Ou Asset Management Co, HK, Industrial Development JSC, Thomson Locations: Asia, Federal Reserve Bank of New York, York, China, Ou, Southeast Asia, Pacific, Bengaluru, Hong Kong, Lincoln

☆ A British explorer and businessman is among those on the missing submersible.
▼ + stars: | 2023-06-19 | by ( Emma Bubola | ) www.nytimes.com time to read: +1 min

Hamish Harding, a British businessman and explorer, was among those aboard the submersible that went missing in the North Atlantic on Sunday, according to Mark Butler, the managing director of Mr. Harding’s company, Action Aviation. Mr. Harding, 58, who holds several Guinness World Records, including one for the longest time spent traversing the deepest part of the ocean on a single dive, wrote on his Facebook page on Saturday that he was proud to finally announce that he had joined OceanGate’s mission “on the sub going down to the Titanic.”Mr. Harding is the chairman of Action Aviation, a sales and air operations company based in Dubai. He had previously flown to space on a mission by Jeffrey P. Bezos’s Blue Origin rocket company. He also took part in a mission for reintroduction of cheetahs to India, and holds a world record for the fastest circumnavigation of Earth via both the geographic poles by plane.

Persons: Hamish Harding, Mark Butler, Harding, Mr, Jeffrey P Organizations: Atlantic, Action Aviation, World Records, Origin Locations: British, Dubai, India

☆ Opinion | Living With the Loss of a Child: ‘I Feel Your Pain, Sarah Wildman’
▼ + stars: | 2023-05-28 | by ( ) www.nytimes.com time to read: +1 min

My daughter, Luna, was 1 month old when she died last year as a result of injuries sustained in a car accident. It doesn’t matter if your child is 35 years old or 1 month old: Losing them shreds the entire fabric of your reality. The devastating loss and emptiness you are left holding becomes the new foundation that you unwillingly and without choice must rebuild your life upon. Jeffrey PassowIndianapolisTo the Editor:Sarah Wildman’s wrenching essay about life after the death of her adolescent daughter Orli gives language to the raw agony of one’s child dying. I, too, found that I needed to direct my pain to bring some good to this world, to help our daughter Liza’s death have meaning.

☆ Amazon and Meta's 48,000 job cuts usher in Big Tech's new mantra: Revenue per employee
▼ + stars: | 2023-03-21 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Amazon and Meta say their combined 48,000 job losses are about getting leaner. All told, the two firms have cut 48,000 jobs across two waves of layoffs in less than six months. Discussing Twitter's remaking under new owner Elon Musk, Rabois noted that Musk is "steering hard" in terms of revenue per employee. A 2009 analysis of Big Tech's performance found Google's revenue per employee was over $1 million, the highest of all tech firms. Management experts say that cuts make workers jittery, weakening their productivity and firms' ability to bring in new talent.

☆ Layoffs are still historically low, so why does it feel like everyone's losing their job?
▼ + stars: | 2023-03-09 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +9 min

The layoffs and discharges rate in January was 1.1%, which remains historically low. While BLS data may show a low US layoff rate overall, tech layoff announcements are important, given Pollak said that tech and finance are "synonymous with Americans' aspirations generally." "Those markets are very exposed to tech layoffs, and tech plays a disproportionate role in the economy," Terrazas added. Pollak told Insider that the layoffs at tech companies are "relatively small" and that "many companies also are not pursuing layoffs across the board." Despite the layoff rate being very low, job seekers may still be concerned about these headlines.

☆ 5 non-fiction books everyone should be reading about work in 2023
▼ + stars: | 2023-03-04 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

If you're looking for inspiration or feel stuck in your job, these 5 career books, recommended by Goodreads, can help put you in the right mindset. These books, all published in 2022, have at least a 4-star rating on Goodreads and at least 1,000 members added the book to their "want-to-read" shelf on the site. Chance walks readers through how to cultivate charisma, become a stronger negotiator and deal with manipulative people. Pfeffer introduces seven rules for building a fulfilling, successful career, including "break the rules" and "network relentlessly," as well as how to follow them in your own life. As one review noted: "This book felt like the wakeup call I had been seeking for years now."

☆ Matthew McConaughey's Salesforce gig
▼ + stars: | 2023-03-04 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

Hallam Bullock here, reporting from London — and yes, Matthew McConaughey is on my mind. Salesforce has reportedly been paying McConaughey $10 million a year to act as a "creative adviser." Robyn Phelps/InsiderProgrammers are thrilled about AI tools like ChatGPT. Read why programmers are pumped about the rise of AI tools. Larry Lundstrom spends about 40 to 60 hours a week as a pastor, but on the side, he uses AI tools like ChatGPT to make pitch decks for businesses.

☆ I'm a Stanford professor who's studied organizational behavior for decades. The widespread layoffs in tech are more because of copycat behavior than necessary cost-cutting.
▼ + stars: | 2023-02-25 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Stanford professor Jeffrey Pfeffer says there's another simpler reason: Companies are blindly copying each other. A lot of companies were hiring during the pandemic, so everybody decided to hire. A lot of companies doing layoffs cite the economic downturn, but many of them aren't going to run out of money if they avoid layoffs. In many instances, layoffs don't increase stock prices or cut costs. These layoffs are a decision that reflects the company's values, and these companies have basically given their employees the middle finger.

☆ Reasons Plane Travel, Airline Customer Service, Airports Are so Terrible
▼ + stars: | 2023-02-20 | by ( Bartie Scott | Juliana Kaplan | ) www.businessinsider.com time to read: +15 min

It's almost impossible to imagine a time when air travel was pleasant, much less enjoyable. Lost baggage, overbooked flights, outdated equipment, hidden fees, and disorganized staffing have fliers at their wits' end; consumer complaints about airline service have risen by 300% from pre-pandemic levels. Many of these measures had been put in place to improve safety following some rattling accidents in the early days of commercial air travel. So in 1978, at the urging of the economist and "inflation czar" Alfred Kahn, President Jimmy Carter enacted the Airline Deregulation Act. He added that "airline service, by any standard, has become unacceptable."

Copycat layoffsAndreyPopov/Getty Images"Copycat layoffs" is the idea that companies are being influenced by one another as they cut jobs. Since the start of 2023, numerous tech companies have laid off workers, including Google, Microsoft, and Zoom, picking up on job cuts that started in the second half of 2022. They followed on the way up; companies were hiring, so everybody decided to hire. Now, companies are laying off, and everybody decided to follow each other and lay people off." "It's difficult without being inside those companies to really point a finger at why these tech companies are shutting people," Minshew said.

☆ Highly successful people use this 1 skill to get more from reading, says Northwestern expert
▼ + stars: | 2023-01-12 | by ( Natasha Piñon | ) www.cnbc.com time to read: +3 min

Anyone who's ever curled up with a good book knows the health benefits of regular recreational reading. There's a single tweak you can make to your reading habits to become even more successful, says Northwestern management professor Brooke Vuckovic, who teaches a MBA class on extracting leadership lessons from literature. Her tip: After you've finished reading a new book, try describing it in one sentence. There's another benefit, too: When students in Vuckovic's MBA class write one-line book descriptions, they're often struck by how differently other people see the world, she says. One person might write a summary about Jane Austen's "Pride and Prejudice" that focuses on the central love story.

☆ How Amazon's cloud unit is helping researchers analyze genetics
▼ + stars: | 2022-12-28 | by ( Ashley Capoot | ) www.cnbc.com time to read: +6 min

Amazon Web Services recently launched general availability for Amazon Omics, which helps researchers store and analyze omic data like sequences of DNA, RNA and proteins. Amazon Omics helps researchers sort through their data by providing them with three components that they can leverage individually or as a collective. More than a dozen customers and partners tested a beta version of the service and are already using Amazon Omics. He said the department spent five years expanding the infrastructure to analyze omics data, and now it's no longer something they need to build or maintain themselves. C2i is a biotechnology company that's working to use genomic data to develop personalized treatments for cancer.

☆ Mother nature is screaming for us to adopt a new diet. An agreement by nearly 200 countries could help identify flaws in how we produce food.
▼ + stars: | 2022-12-22 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Food production drives deforestation and biodiversity loss. Mother nature is screaming for us to adopt a new diet, too. It's a primary driver of deforestation and biodiversity loss that, in turn, releases greenhouse-gas emissions causing the climate crisis. As the global population grows and people in developing countries earn more money, the demand for food — especially meat — will further stress nature. The US State Department in October also requested advice on potential legislation to combat deforestation in food supply chains and voluntary actions the private sector could take.

☆ World leaders want to protect a third of the Earth's land and water to save wildlife from extinction. There's a climate connection, too.
▼ + stars: | 2022-12-19 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Nearly 200 countries agreed to protect 30% of Earth's land and water at a UN biodiversity meeting. The meeting, known as COP15, also underscored the link between nature and the climate crisis. Indigenous peoplesFor the first time, the biodiversity framework acknowledged the role of Indigenous people in protecting and restoring land and water. But world leaders didn't designate their land and territory as a separate category of conservation, which groups including Amnesty International and Greenpeace called for. Countries didn't achieve any of the targets to slow biodiversity loss by 2020 included in a previous framework, known as the Aichi targets.

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