DIRS.INFO The most relevant business & tech news

☆ Cuomo expresses sympathy for Covid-19 victims, criticizes Trump’s pandemic response in contentious hearing
▼ + stars: | 2024-09-10 | by ( Clare Foran | Gloria Pazmino | ) edition.cnn.com time to read: +10 min

The hearing focused in on nursing home deaths and a controversial March 2020 directive from the New York State Department of Health on hospital discharges and nursing home admissions. “You own this,” Republican Rep. Brad Wenstrup of Ohio, chairman of the subcommittee, told Cuomo at the outset of the hearing. The former governor has defended his handling of the pandemic, saying that the state followed federal guidelines. New York State Attorney General Letitia James issued a report in 2021 finding that the New York State Department of Health undercounted Covid-19 deaths among nursing home residents by approximately 50%. The New York health department undercounted the number of Covid-19 deaths in nursing homes by thousands during Cuomo’s time in office, an audit conducted by state officials found in 2022.

Persons: Andrew Cuomo, Donald Trump’s, Cuomo, ” Cuomo, Brad Wenstrup of, Raul Ruiz, “, Gov . Cuomo, Nicole Malliotakis, “ you’ve, you’ve, That’s, Wenstrup, Kathy Hochul’s, Hochul, ” Wenstrup, Avi Small, ”, Anthony Fauci, Azzopardi, Letitia James, New York State Department of Health undercounted, Critics, Kathy Hochul, James ’, CNN’s Paul LeBlanc, Annie Grayer, Piper Hudspeth Blackburn Organizations: CNN, Former New York Gov, GOP, Trump, Democrat, New York State Department of Health, Republicans, ” Republican, Gov, New, New York Republican, ”, Centers, Medicare, Services, US Centers for Disease Control, Department of Health, National Institute of Allergy, New York, Department of Justice, New York State Assembly, New York Gov Locations: Brad Wenstrup of Ohio, New York, New York City, York, Manhattan

☆ Top banking analyst Mayo says Citi shares can double over the next 2-and-a-half years
▼ + stars: | 2024-09-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Wells Fargo bank analyst Mike Mayo highlighted Citigroup stock as his favorite bank name on Tuesday while speaking on CNBC's " Squawk on the Street ." Shares of Citigroup could double over the next two-and-a-half years "simply by going back to tangible book value," Mayo said. Citigroup sold for 73% of tangible book at the end of June, up from 60% at the end of last December, according to FactSet data. "Even after running this model, banks still have plenty of excess capital to support the economy," Mayo noted. "Recession or no recession; higher rates or lower rates … whatever hits you, I think banks are able to weather it quite well now."

Persons: Mike Mayo, Mayo, Jane Fraser Organizations: Citigroup, Federal Reserve, UBS, Lehman Brothers, Credit Suisse, Prudential, Deutsche Bank, Federal Locations: Wells Fargo, . U.S

☆ Starting college life? Here are 5 tips to manage mental health
▼ + stars: | 2024-09-10 | by ( Andrea Kane | ) edition.cnn.com time to read: +8 min

(CNN) — College students are carrying a lot of baggage with them as they head off to campus this fall — and not just the usual dorm accoutrements. One of the biggest challenges facing students, Roy said, is the same one confronting society at large. Know that relationships will evolveRelationships with family members and friends will likely change during college, Roy said. “Often, what’s needed is a caring, compassionate support system and time to navigate the ups and downs of college life,” she said. We hope these five tips help set up your family for a successful transition to college life.

Persons: Sanjay Gupta, it’s, Dr, Nance Roy, Roy, ” Roy, “ They’ve, ‘, ’ ”, ”, “ Organizations: CNN, — College, US Centers for Disease Control, JED, Yale School of Medicine’s, “, ” Locations: Gaza

☆ Median income rose to $80,610 in 2023
▼ + stars: | 2024-09-10 | by ( Tami Luhby | ) edition.cnn.com time to read: +4 min

Median household income rose to $80,610 in 2023, essentially the same as it was in 2019, the Census Bureau reported Tuesday. The typical household’s income rose 4% from 2022, driven primarily by an increase in workers’ earnings. There were widespread gains across the income ladder, though income inequality did not change significantly between 2022 and 2023. Changes in the poverty rateThe official poverty measure fell to 11.1% in 2023, down 0.4 percentage points from the year before. The supplemental poverty measure has been closely watched in recent years because it showed the impact of many federal Covid-19 pandemic relief programs.

Persons: ”, Arloc Sherman, Donald Trump, Kamala Harris, Harris, Sen, JD Vance, Biden Organizations: CNN, Census, Budget

GM declined to discuss details of the spending, including how much of that amount is specifically tied to NFL advertising, but reiterated it remains significantly lower than historic levels. “The impact of the NFL on the automotive advertising industry is really very, very substantial,” said Alberto Leyes, head of product strategy at Guideline. Guideline reports viewership of NFL broadcasts grew about 7% over the past season, whereas ad spend in NFL programming doubled that pace at 14%. Automotive ad spend increased 17% over the past two seasons and is expected to increase again this year, according to Leyes. Stellantis is expected to soon launch new ads for the NFL season, including around its Jeep brand, but a spokeswoman declined to provide additional details.

Persons: ”, Ryan Briganti, Alberto Leyes, “ We’ve, we’ve, ” Leyes, Andrew Messina, Messina, Mark Marshall, Jenny Wall, Dedra DeLilli, That’s, ” DeLilli, “, DeLilli, Stellantis, Randy Parker, NBCUniversal Organizations: National Football League, Toyota Motor Corporation, Hyundai Motor Company, Detroit, NFL, Toyota, CBS Sports, CBS, Paramount, General Motors, GM, Nielsen, Disney, ESPN, Disney Advertising, Hyundai, Mercedes, Benz, Nissan Motor, Chrysler, Brands, Sunday, NBC, Automotive, Toyota North, Olympics, Hyundai Motor America, CNBC, Comcast, NBC Sports, NBC Olympics, Games Locations: Messina, U.S, Toyota North America, Paris

☆ Draghi urges radical European Union reform requiring extra 800 billion euros a year
▼ + stars: | 2024-09-09 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

Massimo Di Vita | Mondadori Portfolio | Getty ImagesThe European Union needs up to 800 billion euros ($884 billion) in additional investment per year to meet its key competitiveness and climate targets, according to a report from economist and politician Mario Draghi. The bloc's goals of bolstering its geopolitical relevance, social equality and decarbonization are being threatened by weak economic growth and productivity compared with the U.S. and China, the report states. The EU is meanwhile suffering an "innovation deficit" which must be tackled through reforms to research and development funding and policy, the report states. To fast-track policymaking, the report proposes limiting the voting items that require support from an absolute majority of member states. Funding questionPublic and private investments are being hindered by the size of the EU budget, its lack of focus and its risk aversion, the Draghi report says.

Persons: Mario Draghi, Massimo Di Vita, Draghi —, —, NextGenerationEU Organizations: Italian, European Union, U.S, European Central Bank, European, European Securities and Markets Authority, U.S . Securities, Exchange Commission, SEC Locations: Rome, Italy, China, EU, Europe, Germany

☆ Study shows how the pandemic may have affected teens’ brains
▼ + stars: | 2024-09-09 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

“Teens need our support now more than ever.”Significant socioemotional development occurs during adolescence, along with substantial changes to brain structure and function. The researchers originally intended to track ordinary adolescent brain development over time, starting with MRIs the authors conducted on participants’ brains in 2018. The study revealed accelerated cortical thinning in the post-pandemic brains of teens — occurring in 30 brain regions across both hemispheres and all lobes for girls, and in only two regions for boys. The prevalence of the thinning amounted to 43% and 6% of the studied brain regions for girls and boys, respectively. The regions affected in boys’ brains are involved in processing objects in the visual field as well as faces.

Persons: ”, Patricia K, Kuhl, Max Wiznitzer, Wiznitzer wasn’t, Wiznitzer, It’s, Ian Gotlib, wasn’t, ” Kuhl, Gotlib Organizations: CNN, National Academy of Sciences, Institute for Learning, Sciences, University of Washington, Case Western Reserve University School of Medicine, Stanford, Stanford University Locations: Seattle, Washington

☆ Bill Gates on the No. 1 thing that keeps him up at night: 'If we avoid a big war...there will be another pandemic’
▼ + stars: | 2024-09-09 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

Billionaire philanthropist Bill Gates has spent the past couple decades warning the general public about ominous issues, from upcoming "climate disasters" to devastating cyberattacks. "A lot of unrest" in today's world could spark "a major war," he tells CNBC Make It. And even "if we avoid a big war ... then, yes, there will be another pandemic, most likely in the next 25 years." "The country that the world expected to lead and be the model fell short of those expectations," Gates says, referring to the United States. While some progress has been made, with increased spending on pandemic preparedness in the U.S. and elsewhere, Gates says the global response hasn't yet been enough.

Persons: Bill Gates, Gates, it's, that'll, Anthony Fauci, Fauci Organizations: CNBC, Netflix, National Institute of Allergy Locations: Gates, United States, U.S

☆ Morgan Stanley cuts oil forecast, says traders are pricing in a demand slowdown similar to mild recession
▼ + stars: | 2024-09-09 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

After last week's steep sell-off, oil prices suggest traders are pricing in a demand slowdown that is similar to a mild recession, according to a Morgan Stanley analysis. Crude oil futures have declined precipitously in September, with Brent and U.S. crude oil on Friday posting their worst weeks since October 2023. Morgan Stanley is forecasting a surplus of about 1 million barrels per day in 2025. Demand Morgan Stanley looked for similar patterns in the past 35 years of Brent oil price data. Over the past five U.S. recessions, these stockpiles built by 150 million to 220 million barrels.

Persons: Morgan Stanley, Morgan, Martijn, Brent Organizations: Brent Locations: U.S, Brent, OPEC, Canada, Brazil, Guyana

☆ Calling in sick is now a lot more complicated
▼ + stars: | 2024-09-08 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

But despite their industrious reputation, predominantly white-collar Americans who do receive paid time off are taking more sick leave than ever before. AdvertisementBut HR professionals told Business Insider there's another major shift affecting attitudes toward sick leave: the arrival of Gen Z in the office. He said he believed that Gen Z workers' expectations may seem unorthodox because the differences between Gen Z and millennials are starker than generational differences in the past. Pressure to keep workingIn the UK, where legislation has entitled all workers to sick pay since 1983, the issue of sick leave isn't as pertinent. How to treat a sick employeeThough some data suggests US workers are taking more sick days, they're hardly becoming slackers.

Persons: —, Gen Z, Rue Dooley, Xer, Dooley, Z, Xavier Lorenzo, Getty, Gen, Cary Cooper, Cooper, that's, they're Organizations: Service, US Bureau of Labor Statistics, Business, Society for Human Resource Management, Chartered Institute, Personnel, University of Manchester, Pew Locations: Europe, California

☆ Yellen says U.S. economy remains solid, on path to 'soft landing' with no meaningful layoffs
▼ + stars: | 2024-09-07 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

U.S. Secretary of the Treasury Janet Yellen speaks listens to a presentation during a tour at the IRS Processing Facility on September 06, 2024 in Austin, Texas. Treasury Secretary Janet Yellen sought to reassure the public on Saturday that the U.S. economy remains strong, despite a string of weak job reports that have rattled investors and weighed on the stock market. "We're seeing less frenzy in terms of hiring and job openings, but we're not seeing meaningful layoffs," Yellen said at the Texas Tribune Festival in Austin. Yellen said the U.S. is on that path: "It really has been amazing to be able to get inflation down as meaningfully as we have. This is what most people would call the soft landing," she said.

Persons: Janet Yellen, Yellen, Nonfarm, Dow Jones Organizations: IRS, Texas Tribune, of Labor Statistics, Dow, Federal Reserve Locations: Austin , Texas, U.S, Austin

☆ A Gen Z Stanford graduate who left an engineering job to pursue filmmaking was surprised by the overlap in industries
▼ + stars: | 2024-09-07 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

But soon after graduating, McRuer made an unlikely early-career pivot, ditching his dependable product design job to pursue his passion for film. The 2019 graduate studied product design at Stanford's School of Engineering. The internship quickly evolved into a full-time product design position. He initially thought he could get his filmmaking fix via a hobby that played second fiddle to his engineering work. But McRuer said he was ultimately surprised by the overlaps he's seen working in both engineering and film — particularly when producing.

Persons: —, Jason McRuer, McRuer, I'm Organizations: Service, Business, Stanford's School of Engineering, Sundance Film, Global Health Labs, City of Locations: LA, City, City of Angels, Coast, Brooklyn

GM declined to discuss details of the spending, including how much of that amount is specifically tied to NFL advertising, but reiterated it remains significantly lower than historic levels. Last NFL season, automakers were the most-seen brand industry, with more than 10% of TV ad impressions, according to ad data company iSpot. Guideline reports viewership of NFL broadcasts grew about 7% over the past season, whereas ad spend in NFL programming doubled that pace at 14%. Automotive ad spend increased 17% over the past two seasons and is expected to increase again this year, according to Leyes. New ad campaignsToyota, as the "Official Automotive Partner of the NFL," launched a new ad campaign for the NFL season this week called "Roll Deep."

Persons: Ryan Briganti, Alberto Leyes, we've, Leyes, Andrew Messina, Messina, Mark Marshall, Jenny Wall Organizations: NFL, National Football League, Toyota Motor Corporation, Hyundai Motor Company, Detroit, Toyota, CBS Sports, CBS, Paramount, General Motors, GM, Nielsen, Disney, ESPN, Disney Advertising, Hyundai, Mercedes, Benz, Nissan Motor, Chrysler, Brands, NBC, Automotive, Baltimore Ravens, Kansas City Chiefs Locations: Messina, U.S

☆ I rent out my backyard pickleball court to strangers. I've brought in $1,600 this year and even hosted a proposal.
▼ + stars: | 2024-09-07 | by ( Dan Latu | ) www.businessinsider.com time to read: +6 min

In 2022, we started building a pickleball court due to a combination of factors. But I knew we wanted to rent the court out somehow, so I decided to give the app a shot. I've now started coaching pickleball, tooThompson built his court with a lump sum he received for entering retirement. Since I started renting the court, I thought this could be a little business for me. I got my pickleball teacher certification and started giving lessons on the court.

Persons: —, Michael Thomspon, We've, pickleball, let's, Thompson, Michael Thompson, we've, it's, Michael Thompson I'm, I've Organizations: Service, Business, pickleball Locations: San Diego, Coronado

☆ Hedge fund turned to a wargame to plan for a Chinese invasion of Taiwan
▼ + stars: | 2024-09-07 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Related storiesIn the second phase of the game, soon after the Chinese invasion began, US forces were said to have engaged and stopped the Chinese amphibious assault, though China continued to bombard Taiwan. Daniel Ceng/Anadolu via Getty ImagesThis caught the hedge fund players by surprise: they had assumed EU sanctions were unlikely because of the depth of China-Europe trade, which reached $815 billion annually in 2023. The hedge fund "agreed that any room for avoiding a total divestment from China and the South China Sea was now completely lost, and market re-entry was probably many years away." The hedge fund responded by choosing to invest heavily in semiconductors manufactured in regions not affected by the war. "This would provide potential opportunities for new players to emerge in the Global South, particularly if loans can be collateralized," Knightsbridge noted.

Persons: Finley Grimble, liquidating, KSG, Daniel Ceng, Knightsbridge, Grimble, Michael Peck Organizations: Service, Business, Knightsbridge Strategic, Getty, Treasury, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: British, China, Taiwan, South China, Europe, South America, Japan, South Korea, Australia, Anadolu, South, Ukraine, Africa, East, Southeast Asia, Zimbabwe, Forbes

☆ Europe's economy survived 'terrible prophecies' but must now tackle trade with China: EU's Gentiloni
▼ + stars: | 2024-09-07 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

The European Union has successfully avoided the "terrible prophecies" that threatened its economy in recent years, but must still contend with Russia's war in Ukraine and a tenuous trade relationship with China, outgoing European Commissioner for Economy Paolo Gentiloni said Saturday. A former prime minister of Italy, Gentiloni has served as the European Commissioner for Economy under EC President Ursula von der Leyen since December 2019. Gentiloni will not be returning for a second term as commissioner following Von der Leyen's tumultuous re-election as president — but he has laid out the economic picture that awaits his imminent successor. "The economy is growing, slowly, but growing. And the risks of differences among the European Union, that was very high when the pandemic happened, are very limited," he noted.

Persons: Paolo Gentiloni, Gentiloni, Steve Sedgwick, Ursula von der Leyen, Von der, —, Russia's Organizations: European Union, Economy, European, European Central Bank, Moscow, European Commission Locations: Ukraine, China, Europe, Cernobbio, Italy's, Como, Italy

☆ Florida high school football player Chance Gainer dies after game
▼ + stars: | 2024-09-07 | by ( Amanda Musa | ) edition.cnn.com time to read: +3 min

CNN —A beloved Florida high school football player died after he collapsed during a game Friday night, school officials say, bringing the number of recent known deaths among high school athletes to seven. Alabama teen Semaj Wilkins died August 13 after a medical emergency during football practice at New Brockton High School, according to CNN affiliate WDHN. His smile radiatedGainer scored two touchdowns on the night of his death, Norton said, leading the team to victory. The high school there has about 500 students and is very close knit. Gainer had recently visited Vanderbilt University in Nashville, where he had hoped to play football, according to Norton.

Persons: Chance Gainer, Jim Norton, ” Norton, “, Chance, ”, Gainer, Norton, Semaj Wilkins, Caden Tellier, Cohen Craddock, Joe, ” Chance, Sissy Godwin, CNN’s Madeline Holcombe Organizations: CNN, Port St, Joe High School, Liberty County High School, Gulf District, National Federation of State High School, Associated Press, New Brockton High School, WDHN, US Consumer Product Safety Commission, “ School, Vanderbilt University, Norton, Vanderbilt Locations: Florida, Florida’s, Alabama, Pensacola , Florida, plateauing, Port St, Port, Nashville

☆ She met a man on a rooftop bar on her first night in Paris. Her life changed forever
▼ + stars: | 2024-09-06 | by ( Francesca Street | ) edition.cnn.com time to read: +28 min

A series of fortuitous eventsWhen the train arrived in Paris, Erin and her seat neighbor went their separate ways, and Erin figured she’d never see him again. It’s called the Generator, and it has a great rooftop bar.’ And I love rooftop bars, so I remembered that.”Erin returned to the US, and she quickly lost touch with her train friend. Jordan figured the reviews were decent, the prices OK – and the rooftop bar looked appealing. “Then, that night, there was a party, an organized event on the rooftop,” Erin recalls. By then, fall had arrived, and Jordan’s summer stint at the rooftop bar was ending.

Persons: Erin Tridle, Erin, She’d, “ I’m, ”, she’d, “, we’ve, ‘ I’m, It’s, ” Erin, ’ ” Erin, Jordan, Frenchman who’d, ’ ”, Erin didn’t, ‘, ” Jordan, ‘ Let’s, ’ ” Jordan, he’d, – he’d, you’re, hesitating, we’ll, it’s, Jordan couldn’t, let’s, – Jordan wasn’t, Erin couldn’t, “ He’d, “ Jordan, Milian, hadn’t, Jordan –, ’, Anthony Bourdain’s, Anthony Bourdain, ’ Erin Tridle, She’ll, Jordan’s Covid, Erin’s, I’d, Nika Gunchak Erin, Jordan’s, – she’d, Paris, He’s, he’s, Frenchman, Jordan upended, Erin “, Jordan “, Sebastián, “ There’s, I’m Organizations: CNN, CNN Travel, Jordan, Omicron, Eiffel Locations: Paris, of Versailles, Europe, Los Angeles, Sacre, America, France, Caribbean, Australia, Paris ”, “, ”, Seine, Milan, French, Nice, Sebastián, Spain’s Basque, United States, Erin, LA, ‘, 8th, ’, American, TikTok

☆ PwC tells employees it will use location data to police ‘back-to-office’ rule
▼ + stars: | 2024-09-06 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +4 min

London CNN —PricewaterhouseCoopers (PwC) will start tracking where its employees in the United Kingdom work, in a bid to dial back its current work-from-home culture. Previous guidelines required them to be in for between two and three days each week, but the memo suggests that was not universally adhered to. “With that in mind, we will start sharing your individual working location data with you on a monthly basis from January as we do with other data such as chargeable hours. This will help to ensure that the new policy is being fairly and consistently applied across our business,” it added. Earlier this year, IBM told its US-based managers they had to work in the office at least three days a week or leave their positions.

Persons: PwC, ”, Laura Hinton, PWC, we’d, Claire McCartney Organizations: London CNN — PricewaterhouseCoopers, Staff, CNN, Employees, PwC, IBM, UPS, Meta, “ Employers Locations: United Kingdom

☆ Sub-$3 gas is making a comeback. Dozens of states could be below $3 by Thanksgiving
▼ + stars: | 2024-09-06 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

Andy Lipow, president of consulting firm Lipow Oil Associates, expects that another nine states will join the sub-$3 list in the next two weeks. “Gas prices, after two-plus years of sizzling because of outside factors like Covid and Russia, are finally coming back into balance,” said De Haan. The accelerating drop in gas prices should help ease financial pressure on consumers and contribute to the cooling inflation rate. Some economists say gas prices will likely be a deciding factor, and lower prices will favor the current administration. ‘Panic and fear’ at OPECAnalysts told CNN that this trend of lower gas prices is likely to continue, despite the shift in strategy from OPEC+.

Persons: Andy Lipow, Patrick De Haan, ”, De Haan, Kamala Harris, “, ” Lipow, Bob McNally, McNally, George W, Bush, Trump, We’re, ” Trump, Tom Kloza, Kamala Harris ’, CNN’s Chris Isidore Organizations: New, New York CNN, AAA, Drivers, Lipow Oil Associates, CNN, “, Federal Reserve, OPEC Analysts, Rapidan Energy Group, OPEC, Trump, Oil Price Information Service Locations: New York, Texas , Kentucky, Kansas, OPIS, Russia, Arizona, Nevada, Georgia, OPEC, China, United States, Saudi Arabia, Ukraine, America

☆ ‘The sky is not falling’: US economy added 142,000 jobs in August
▼ + stars: | 2024-09-06 | by ( Alicia Wallace | ) edition.cnn.com time to read: +6 min

Economists were expecting a net gain of 160,000 jobs and for the unemployment rate to fall to 4.2%, according to FactSet consensus estimates. With inflation pretty much tamed and moderating as expected, the Federal Reserve has turned its focus to the labor market (the other part of its dual mandate). Job growth has been slowing, but there were indications that the labor market was weakening under the weight of 23-year-high interest rates. A ‘place of stability’July’s shockingly weak jobs report stoked fears that the jobs market was collapsing, potentially taking the economy into a downturn. And while a rate cut is coming, the jury is still out on the exact size of that move.

Persons: ” Eugenio Alemán, Raymond James, August’s, We’re, Rachel Sederberg, “, Becky Frankiewicz, ’, ”, Kory Kantenga, —, ” Kantenga, Michelle Holder, haven’t Organizations: CNN, Employers, Bureau of Labor Statistics, Federal Reserve, Fed, ManpowerGroup, Retail, Americas, LinkedIn, John Jay College, City University of New Locations: ManpowerGroup North America, Michigan, City University of New York

☆ China halts foreign adoptions of its children
▼ + stars: | 2024-09-05 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

BEIJING — The Chinese government is no longer allowing foreign adoptions of the country’s children, a spokesperson said Thursday. The only exception will be for blood relatives adopting a child or a stepchild, Foreign Ministry Spokesperson Mao Ning said. Many foreigners have adopted children from China over the decades, visiting the country to pick them up and then bringing them to a new home overseas. China suspended international adoptions during the COVID-19 pandemic. The government later resumed adoptions for children who had received travel authorization before the suspension in 2020, the U.S. State Department said in its latest annual report on adoptions.

Persons: Mao Ning, Greg Baker, Denmark’s Organizations: Foreign, U.S . State Department, State Department, NBC Asian Locations: BEIJING, China, U.S, NBC Asian America

☆ A Gen Xer quit a $110,000-a-year job in DC for one in Germany that pays less than half. He says he's more financially stable and happier now.
▼ + stars: | 2024-09-05 | by ( John Towfighi | ) www.businessinsider.com time to read: +6 min

Smith briefly lived in Germany in the early 2000s when he worked as a judge advocate general for the US Army. "That trip that I took to Germany completely changed my world," Smith, 52, told Business Insider. He said life in Germany made him realize how much he enjoyed traveling outside the US. Related storiesIn April 2021, Smith landed a job at the Small Business Administration as an attorney overseeing COVID-19 pandemic-era loans. At that point, Smith visited the Dominican Republic with a friend.

Persons: —, Kobi Smith, Smith, he's Organizations: Service, US Army, Business, Social, Social Security Administration, Social Security, US Army Reserves, Army, Small Business Administration, Washington Locations: Germany, Nuremberg, Europe, Canada, Japan, Mexico, Maryland, Washington, DC, COVID, Dominican Republic, Popeyes, Ansbach, Washington ,, American

☆ A small bakery is out thousands of dollars after a check for a 1,000-cupcake order turned out to be a scam
▼ + stars: | 2024-09-05 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

Read previewA Los Angeles bakery was caught up in a counterfeit-check scam after receiving an order for 1,000 cupcakes. Stern told KABC the "odd" order did raise suspicion, largely because her bakery primarily specializes in occasion cakes and cookies with edible flowers, not cupcakes. Stern told the outlet the bank informed her that if the funds cleared, which they later did, the check was probably legitimate. "They said, 'Oh, it's been cited as a counterfeit check,'" Stern told the outlet. Stern told KABC the experience left her feeling "disheartened about humanity."

Persons: —, Loria Stern, Stern, We've, it's, she'd Organizations: Service, KABC, Business, US Department of, Treasury, US Justice Department, Public Safety Canada Locations: Angeles

☆ Red Lobster cleared to exit Chapter 11 bankruptcy protection
▼ + stars: | 2024-09-05 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

The exterior of a Red Lobster restaurant in Austin, Texas, on May 20, 2024. A bankruptcy court approved Red Lobster's plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. Red Lobster had struggled with increased competition, expensive leases, last year's disastrous shrimp promotion and a broader pullback in consumer spending. Current CEO Jonathan Tibus, who led the company through bankruptcy, will leave Red Lobster. "This is a great day for Red Lobster," Adamolekun said in a statement.

Persons: Damola Adamolekun, Jonathan Tibus, Adamolekun Organizations: Investor Holdings, Holdings, TCW, Fortress Investment Group Locations: Austin , Texas, Canada

Search resuls for: "Covid-19"

25 mentions found