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☆ Column: Electric grids need major upgrades to aid global energy transition: Maguire
  + stars: | 2023-03-31 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com   time to read: +7 min
LITTLETON, Colorado, March 30 (Reuters) - Modern electricity grids that can optimize clean power production from a constantly changing flux of renewable and fossil energy sources will play a vital role in enabling global energy transition efforts. With renewable energy supplies climbing at a record pace just as global car fleets, households and businesses supercharge electricity demand, robust grids that can bridge both sides of the energy equation will be critical. The global power sector is also a major source of carbon dioxide (CO2) emissions, and so is incompatible with international efforts to drive pollution steadily lower from all sectors over the coming decades. Many ambitious grid alteration plans are also running in to stiff opposition from powerful organisations that object to the laying of miles of new transmission lines across open areas. But if renewable energy supplies surge as expected, and if those supplies are to be made available to power-hungry customers, global grids must grow in both scale and density in every major economy - and in record time.
☆ Ex-Instagram Employee on Why Creator Views Might Be Down Recently
  + stars: | 2023-01-23 | by ( Sydney Bradley | ) www.businessinsider.com   time to read: +4 min
A new podcast hosted by a former Instagram employee answers creators' burning questions. One former Instagram employee recently tried to spell out why some creators may have experienced slumps in views. In a new podcast, former Instagram staffer Jon Youshaei fields questions from creators in a segment called "Creator Office Hours." That means more competition for creators' content being seen, Youshaei said. That means more competition for creators' content being seen, Youshaei said.
☆ Here's how Macy's is doing business differently, according to the brand's Chairman and CEO
  + stars: | 2023-01-16 | by ( Alexandra York | ) www.businessinsider.com   time to read: +4 min
Macy's CEO Jeff Gennette joined the National Retail Federation's "Retail's Big Show" event this month. Retail leaders can predict consumer trends with pricing science and credit card data. One way the store is predicting consumer trends is with digital strategy, allocation science, and pricing science. A shift in supply chain proceduresThe supply chain has been a pain point for many businesses over the last three years. In recent years, Macy's has "totally redone" its supply chain, said Gennette, adding that it's reducing its dependence on China and shifting to more duty-free countries.
☆ Premarket stocks: Bonds are back, but for how long?
  + stars: | 2023-01-09 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +6 min
New York CNN —Stocks soared on Friday to their best day in more than a month. But the big turnaround story during the short first week of the year isn’t just about equities, it’s also about bonds. Bonds are particularly sensitive to those increases — as rates are hiked, the price of existing bonds falls as investors prefer the new debt that will soon be issued with those higher interest payouts. This time around, investors are scooping up bonds as they anticipate the pace of Fed interest rate hikes will soon ease. Core bonds, or US investment grade debt, tend to perform well during Fed rate hike pauses.
☆ Macy's says its holday sales will be on lower end
  + stars: | 2023-01-07 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +2 min
Macy’s said Friday its net sales from the holiday quarter will likely be at the low-end to mid-point of its previously issued range of $8.16 billion to $8.4 billion. In last year’s fourth quarter results, Macy’s earned $8.67 billion, above analysts’ forecasts, and had an adjusted earnings per share of $2.45. Macy’s warning may provide an early clue to investors wondering if high inflation has hampered shopping demand during the holidays. US retail sales increased 7.6% during the period between November 1 to December 24 compared to the same time last year, according to the Mastercard Spending Pulse. US retail sales were lower than expected in November, falling 0.6% during the month, which was the weakest performance in nearly a year.
☆ Putin's Orthodox Christmas cease-fire begins; Ukraine rejects truce
  + stars: | 2023-01-06 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com   time to read: +3 min
About an hour after the Russian cease-fire began, air raid sirens sounded in the capital, Kyiv. Ukrainian officials accused Putin of using Christmas as cover to buy time for his military to regroup. Putin's surprise order instructed his defense minister to institute the cease-fire “along the entire line of contact between the parties in Ukraine” from Friday, which is Christmas Eve for the Orthodox church. The Russian Orthodox Church, which uses the ancient Julian calendar, celebrates Christmas on Jan. 7 — later than the Gregorian calendar. Some Orthodox Christians in Ukraine recently started celebrating Christmas on Dec. 25 to show their anger at and defiance of Moscow.
☆ Macy's warns holiday-quarter will come in light, citing squeeze on shoppers' wallets
  + stars: | 2023-01-06 | by ( Melissa Repko | ) www.cnbc.com   time to read: +2 min
Macy's on Friday warned its holiday-quarter sales will come in on the lighter side, saying consumers' budgets are under pressure and that it anticipates that squeeze to continue into this year. It expects adjusted diluted earnings per share to be in the previously issued range of $1.47 to $1.67. For the year-ago period, Macy's reported revenue of $8.67 billion and adjusted earnings per share of $2.45. As it orders inventory, Gennette said it is using customer data to pick the merchandise that will sell and caters to customers who are looking for fashionable items and also seeking value. Gennette, Macy's Chief Financial Officer Adrian Mitchell and Chief Merchandising Officer Nata Dvir, will participate in the investor conference next week.
☆ LionTree Makes Bet on Streaming Ads in Live Sports
  + stars: | 2023-01-05 | by ( Jessica Toonkel | ) www.wsj.com   time to read: 1 min
LionTree LLC is betting that live sports is going to continue to migrate to streaming services and that advertising will follow. The boutique bank has led an investment group to take a majority stake in Transmit.Live , a five-year-old company whose technology helps insert ads into sports programming. An example is the addition of commercials on the bottom of the screen during lulls in the action.
☆ During the holidays, I remind my kids that I grew up poor — and happy
  + stars: | 2022-12-24 | by ( Lynda Lin Grigsby | Lynda Lin Grigsis A Freelance Journalist | Editor Who Writes About The Intersections Of Race | ) www.nbcnews.com   time to read: +6 min
Family members amble through the front door with more gifts, so the kids form a gift-opening assembly line that starts from youngest to oldest. Oh, the gifts, gifts, gifts, gifts! I can’t control what others give my kids, but I can control our understanding of material objects and values. Often, on these boisterous multigenerational family holiday celebrations, the conversation inevitably turns toward nostalgia. “Remember when even buying bones was a special treat for our family?” my mom says with eyes twinkling.
☆ The supply chain crisis is coming to an end — but 2 looming threats could reignite the chaos
  + stars: | 2022-12-20 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +6 min
Holiday shopping went well, so you might assume supply chains are fixed. At a quick glance, supply chains have healed and shopping seems back to normal. Supply chains are running much more smoothly than they have in more than two years right now. A major indicator that supply chains have been off balance is the inventory-to-sales ratio, which is tracked by the US Census Bureau. A return to seasonal rushes and lulls, without massive, global disruptions, will be the sign that supply chains are "back to normal."
☆ Bills Clinch Playoff Berth in Snowy Thriller Against Dolphins
  + stars: | 2022-12-18 | by ( Emmanuel Morgan | ) www.nytimes.com   time to read: +2 min
All week, the Dolphins tried to downplay the potential impact of the frigid conditions. McDaniel told reporters he did not believe the elements affected the Dolphins’ performance in the loss, their third straight. “I know a lot of people would like to make it about the weather, but our team never did,” McDaniel said. The Bills allowed only one touchdown to the Dolphins in the first half — an 11-yard run by Salvon Ahmed — despite Miami entering the red zone three times. Allen threw three touchdowns before halftime as the Dolphins defense struggled to contain him and his receivers while he scrambled.
☆ BLACKROCK: Here's how to survive a market that's underestimating the damage from a recession, and profit on the other side
  + stars: | 2022-12-02 | by ( Marley Jay | ) www.businessinsider.com   time to read: +4 min
Stock market investors haven't priced in a recession yet, according to BlackRock. The firm says investors are too hopeful about future rate cuts and aren't ready for falling profits. The firm's playbook lays out a multi-asset strategy for before and after an expected recession. The other — based on BlackRock's view that a recession is coming — is how much "economic damage" is reflected in asset prices. "We find that earnings expectations don't yet price in even a mild recession," according to a recent report from the BlackRock Investment Institute.
☆ If TikTok wants to compete with Amazon, building US fulfillment centers is a great way to fail, according to e-commerce logistics experts. Here's what to do instead.
  + stars: | 2022-10-25 | by ( Emma Cosgrove | Dan Whateley | ) www.businessinsider.com   time to read: +7 min
TikTok is diving into e-commerce as it builds out a US fulfillment and shipping logistics team. As TikTok takes its initial steps into the physical side of e-commerce, several logistics experts told Insider not to expect the company to follow Amazon's playbook. "If you want to be anything like what Amazon has built you are $100 billion behind," Matthew Hertz, cofounder of e-commerce logistics consultancy Second Marathon, said. Shein is one Chinese company that has managed this transition successfully, by focusing on the niche but fast-growing field of cross-border e-commerce logistics. Japanese e-commerce company Rakuten acquired two US fulfillment companies in 2019 only to combine them and sell them back to the founder of one this year.
☆ Amazon workers say minor aches suddenly became debilitating as they raced to meet speed targets
  + stars: | 2022-10-19 | by ( Katherine Long | ) www.businessinsider.com   time to read: +21 min
At the DuPont warehouse, Amazon workers with such injuries took an average of 103 days to heal, Washington state found. Workers' compensation payouts to Amazon workers with musculoskeletal disorders are often in the tens of thousands of dollars — some exceed $100,000, data from Washington state shows. But because musculoskeletal disorders take months to develop and aren't as visible as other, more catastrophic injuries, even some Amazon workers write them off. Williams was out of work for more than 150 days because of her shoulder injury, internal Amazon injury logs show. The company needs to become "Earth's Safest Place to Work," Amazon's founder, Jeff Bezos, said in his final letter to shareholders last year.
☆ Tesla Autopilot’s safety questioned after latest fatal motorcycle crash
  + stars: | 2022-10-17 | by ( Matt Mcfarland | ) edition.cnn.com   time to read: +6 min
Driver-assist crash data that automakers like Tesla must report to NHTSA was published Monday and revealed that Autopilot was engaged. A Utah motorcycle rider was killed in July after being struck by a Tesla driver using Autopilot. Utah Department of SafetyA Tesla driver using Autopilot struck a motorcycle lying on a road on July 7 at 4:47 a.m in Riverside, California. Motorcycle safety advocates say they’re concerned that the software fails to see motorcycles and lulls Tesla drivers into a sense of complacency and inattentiveness. Europe’s vehicle safety programs test if driver-assist systems identify motorcycles.
☆ A 'lost generation' of Hollywood workers has been frozen in place by the pandemic, leaving the next wave of creatives and execs in limbo
  + stars: | 2021-08-26 | by ( Elaine Low | ) www.businessinsider.com   time to read: +11 min
The couple enlisted family to help with childcare, and he took the script coordinator gig for the possibility of being upped to staff writer. "I'm not going to script coordinate, I'm not going to be a writers' assistant — at least not for an unlivable wage." Silver linings for some support staffersIn an industry in which abrasive execs are known for hurling invective — and sometimes staplers — at assistants, pandemic separation likely came as a relief for some. "So they bumped me and made me script coordinator, which gave me a lot more job security." 'A lost generation of assistants and entry-level employees'Studios, agencies, and media conglomerates across Hollywood have been hit with pandemic-related layoffs and furloughs.
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