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Paris/London CNN —Just weeks after hugely disruptive protests and strikes over pension reforms in France finally died down, businesses in the country are grappling with the fallout from a week of rioting. The riots, which were sparked by the fatal shooting of a teenager by a police officer last Tuesday, have already caused more than €1 billion ($1.1 billion) worth of damage, according to a French business association, MEDEF. Protesters have looted 200 stores and destroyed 300 bank branches and 250 smaller corner shops, a MEDEF spokesperson told CNN. French President Emmanuel Macron said Tuesday that he believed the “peak” of the violence had passed, according to CNN affiliate BFMTV. Sebastien Salom-Gomis/AFP/Getty ImagesThe French government is also considering ways to help businesses most affected by the riots, BFMTV reported, citing Finance Minister Bruno Le Maire.

Persons: London CNN —, Merzouk, Emmanuel Macron, Macron, Sebastien Salom, BFMTV, Bruno Le Maire, Le Maire, DBRS Morningstar, MEDEF, Geoffroy Roux de Bezieux, — Niamh Kennedy Organizations: London CNN, MEDEF, CNN, ”, Getty, France Inter Locations: Paris, London, France, French, Nantes, AFP, Dublin

☆ How to Wean a Teen Off Social Media
▼ + stars: | 2023-06-29 | by ( Catherine Pearson | ) www.nytimes.com time to read: +1 min

Jason Mahr’s eldest son was 13 years old when Mr. Mahr and his wife gave him access to social media, a decision the 44-year-old father of five regretted immediately. It became “like an addiction,” said Mr. Mahr, a student coach and former youth pastor who lives in Woodstock, Ga. His son was quickly swept up in seeking the approval of others online, Mr. Mahr said. He has since been more deliberate about how and when he lets his younger children start using social media, but backpedaling with his eldest has been difficult. Recently, the warnings around teens’ social media use have grown particularly loud, as both the U.S. surgeon general and the American Psychological Association have issued reports about the risk of harm to adolescents’ mental health. “This is what so many parents are struggling with, and it’s too bad we have to.”

Persons: Jason Mahr’s, Mahr, ”, “, ” Jean Twenge, — Organizations: American Psychological Association, Pew Research, Facebook Locations: Woodstock, Ga, U.S

CNN —Former President Donald Trump’s support appears to have softened following his indictment and arrest on federal charges, according to a new CNN poll conducted by SSRS. Most Americans approve of Trump’s indictment stemming from his alleged mishandling of classified documents after leaving office, even as 71% say politics played a role in that charging decision. Overall, 47% of Republicans and Republican-leaning registered voters say Trump is their first choice for the party’s nomination for president, down from 53% in a May CNN poll. A 54% majority of Republican and Republican-leaning voters say that Trump’s conduct doesn’t matter much to them as they consider his candidacy, because a president’s effectiveness matters more. Most Republican and Republican-leaning voters who support Trump for the nomination say he did nothing wrong in this case (58%) and just 3% that he acted illegally.

Persons: Donald Trump’s, Trump, Ron DeSantis, Mike Pence, Nikki Haley, South Carolina Sen, Tim Scott, Chris Christie, Trump’s, unethically Organizations: CNN, SSRS, GOP, Republican, Florida Gov, United Nations, New, New Jersey Gov, Trump, Republican Party, Trump GOP, Trump Republicans, Democratic, Republicans Locations: South Carolina, New Jersey, Manhattan, York, Florida

☆ Gen Z is upending the purchase funnel, according to a new Edelman Trust Barometer report
▼ + stars: | 2023-06-18 | by ( Julia Hood | ) www.businessinsider.com time to read: +4 min

Gen Z consumers behave differently towards brands than other demographics, according to a new Edelman Trust Barometer study. The purchase is often the starting point for the brand relationship, not the final step, running counter to the traditional "purchase funnel" model. What appeals to Gen Z might alienate more traditional consumers, so it's important for brand and reputation leaders to partner. Gen Z might just be kill the the old-school purchase funnel for good according to a new study from the Edelman Trust Barometer,That's because Gen Z's true relationship with brands often begins at purchase, and is "too dynamic for a linear funnel," the report states. "In fact, 78% [of Gen Z survey respondents] are uncovering and discovering things about a brand after they make a product purchase."

Persons: Gen, Jackie Cooper, Viktor Chebanenko, Cooper, You've, Edelman, Bud, Richard Edelman, — Organizations: Edelman, Morning, Gen, Edelman's Locations: Germany, Brazil, Japan

☆ Gen Zers are the worst tippers
▼ + stars: | 2023-06-10 | by ( Gloria Dawson | ) www.businessinsider.com time to read: +3 min

In a recent survey from Bankrate, Gen Z respondents were identified as the worst tippers. But like so many issues of the moment, Gen Z has a slightly different take and response to the situation. A recent survey from Bankrate found Gen Zers, or people 18-26 years old, are the generation least likely to tip. More than half of Baby Boomers surveyed tip at least 20%, but only a quarter of Gen Zers do. But just 22% of Gen Zers felt that way.

Persons: Tipping, Gen, —, Z, Bankrate, Zers, Gen Z, Gen Zers, Ted Rossman, Gen Xers, Rossman, Boomers, it's Organizations: Service, Baby Boomers, Boomers Locations: Bankrate

☆ Millions of Americans are skipping doses because they can't afford their prescription drugs
▼ + stars: | 2023-06-02 | by ( Zachary Tracer | ) www.businessinsider.com time to read: +2 min

About 8.2% of adults in the US didn't take a prescription drug as prescribed because of the cost. The problem was worse for people who don't have insurance and for those in poor health. It shows how the high cost of US healthcare can make it difficult for people to get needed care. Millions of Americans are skimping on their prescription drugs to cut costs, a government report shows, revealing how the high cost of US healthcare can harm people's health. Similarly, 18% of people in fair or poor health sometimes skipped doses or delayed filling their scripts to cut costs.

Persons: Laryssa Mykyta, Robin A, Cohen Organizations: US Centers for Disease Control, CDC, Medicaid

☆ Disney CEO Bob Iger's book hints at how he'll handle company's feud with Ron DeSantis
▼ + stars: | 2023-06-01 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +13 min

Insider turned to Disney CEO Bob Iger's 2019 book for insight on how he navigates challenges. As Florida's largest attraction with more than 70,000 jobs, Walt Disney World is crucial to both the company and the state. During his first tenure at Disney, Iger orchestrated the $4 billion acquisition of Marvel without a single leak. Under predecessor Disney CEO Michael Eisner, board members said they worried that Marvel was "too edgy" and "would tarnish the Disney brand." File photo of Disney CEO Bob Iger.

Persons: Ron DeSantis, Bob Iger's, Walt, Robert Iger, Iger's, Bob Chapek, DeSantis, Donald Trump, Disney, Iger, Steve Jobs, Jobs, Bob Iger, Chris duMond, Neilson Barnard, Scott Miller, Miller, that'd, Biden, he's, gunning, Charles Sykes, Paul Hennessy, Michael Eisner, Marvel, Harris, There's, Griffin, George Lucas, Roy Disney, Walt Disney's, he'd, they've, Lucas Organizations: Disney, Florida Gov, Morning, Walt Disney, Republican Gov, Walt Disney Co, Walt Disney Company, ABC, Pixar, Marvel Entertainment, LucasFilm, Century Fox, Marvel, Apple, Getty, Democrat, Bloomberg, Walt Disney World, Board, GOP, Reuters, Republicans, Harvard, Independents, Twitter, Bauer, Jobs, iTunes, Lucasfilm Locations: Florida, Orlando, Shanghai, American, China

☆ US consumers' inflation expectations mixed in April, NY Fed report shows
▼ + stars: | 2023-05-08 | by ( Michael S. Derby | ) www.reuters.com time to read: +2 min

FILE PHOTO: People walk outside the Federal Reserve Bank of New York in New York City, U.S., March 18, 2020. The regional Fed bank reported as part of its April Survey of Consumer Expectations that respondents see inflation one year from now at 4.4%, down from 4.7% in the March survey. The Fed has been pressing forward aggressively with interest rate rises to lower some of the highest inflation pressures in decades. The U.S. central bank raised rates last week in an action that may be the last of its current tightening campaign, as inflation pressures have started to ease. Survey respondents also said they expect higher unemployment and a greater probability of losing their jobs, as well as a harder time finding new work.

Just 21% say their views on the royal family have gotten more positive over the past decade, with another 41% saying their overall opinion has stayed the same. A CNN poll suggests attitudes towards the British royal family have worsened over the past decade, ahead of the coronation of King Charles III. Prince Harry (right) and Meghan (left) are among those members of the royal family rated most favorably by young people. Jamie Lorriman/AFP/Getty ImagesBut not all members of the royal family are viewed in the same light. The poll was conducted on March 24 through 26 among a random sample of 2,093 UK adults aged 18 and older.

The survey's flash services sector PMI rose to 53.7, the highest reading in a year, from 52.6 in March. Economists polled by Reuters had forecast the services PMI falling to 51.5. Flash PMIIn the euro zone, the bloc's dominant services industry saw already-buoyant demand rise too, more than offsetting a deepening downturn in manufacturing. However, the manufacturing PMI fell to 45.5 from 47.3, its lowest since the coronavirus pandemic was cementing its grip on the world three years ago. "The PMI sheds a positive light on the economic performance in the euro zone, as a pickup in service sector activity is boosting growth," said Bert Colijn, senior euro zone economist at ING, noting manufacturing weakness remained a concern.

☆ Artificial intelligence will make Big Tech even bigger. Something needs to be done about the power imbalance, researchers warn
▼ + stars: | 2023-04-20 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

She asked if the company was selling unregistered securities (which is typically illegal, by the way — here's what it means). Big Tech + AI = even bigger tech. So Big Tech companies are best-positioned to gain even more power as artificial intelligence technology — like ChatGPT — gets further developed. Something needs to be done about this power imbalance, researchers warn. My teammate Emilia David breaks down the AI power imbalance and highlights some proposed solutions in her latest story.

☆ David’s needs bachelorettes, not just brides
▼ + stars: | 2023-04-18 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, April 18 (Reuters Breakingviews) - With marriage rates on the decline, David’s Bridal has once again tied itself in a knot. Last time this happened in 2018, David’s courted a group of lenders led by Oaktree to save it. loadingFunding for nuptial-related companies has been on the decline since, as has business at David’s. Modern brides are opting for cheaper casual and secondhand dresses over fancy getups, but they appear more reticent to compromise on pre-wedding soirees. It suggests perhaps that David's fresh start should embrace an old saying, with a twist: always the bachelorette, never the bride.

☆ Bosses hate work from home because 'home' is for women
▼ + stars: | 2023-04-17 | by ( Aki Ito | ) www.businessinsider.com time to read: +10 min

And the old way was clear: The office is for work, and the home is for — well, for whatever unpaid stuff it is that women do while their men are at work. Skeptical that work — real work — could be done at home, bosses quietly penalized the women who opted for flexible schedules by sticking them with boring assignments and denying them promotions. Embracing remote work is a good start, but it comes with risks of its own. Since the pandemic hit, I've heard a few CEOs liken remote work to opening Pandora's box. Women working from home are no longer the aberration — tradition-bound executives are.

☆ Apple emailed staff at 7 a.m. surveying them about hybrid work after threatening to discipline employees not going in 3 days a week
▼ + stars: | 2023-04-13 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

Apple emailed corporate employees on Wednesday at 7 a.m. surveying them about hybrid work. The Apple Employee Survey came after staff were told to start coming into the office 3 days a week. "Anecdotally, I think responses are consistently positive toward remote work and negative toward in-office work" because of "reduced efficiency due to long commutes and frequent distractions." While the "Apple Employee Survey" primarily focused on hybrid work, it also asked employees about company culture. In March 2022 CEO Tim Cook sent a memo informing employees that the company would start phasing in its hybrid work plans.

☆ Removing shoes, reclining seats? What's deemed ‘unacceptable’ on flights may depend on where you’re from
▼ + stars: | 2023-04-12 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +3 min

Conversely, only 32% of respondents in the UAE considered seat-reclining unacceptable, lower than the global survey average of 53%. Only 19% deemed crying babies to be "unacceptable" and less than one-third were troubled by noisy kids over the age of four. However, there was one issue that bothered UAE respondents more than European travelers. Only 21% labeled crying babies as unacceptable, less than the 25% of men in the survey. What's 'unacceptable' to American flyersAmericans are more likely than the global average to view acts like personal grooming and shoe removal on flights as unacceptable.

☆ The R.T.O. Whisperers Have a Plan
▼ + stars: | 2023-04-11 | by ( Emma Goldberg | ) www.nytimes.com time to read: +4 min

Resistors are typically senior-level employees and high performers, workers who aren’t worried that defying return-to-office rules will yield professional consequences. Those are the employees who when pushed to return to the office will quit — either on the spot or in the months after R.T.O. It’s not about remote workers detaching from work, but instead about people resisting when pushed toward working conditions they don’t like. Workers of color, who can feel marginalized within corporate work structures, tend to bristle at return-to-office mandates, Tsipursky said. A survey from FlexJobs, a remote-employment search site, found that 80 percent of women ranked remote work as a top job benefit, compared with 69 percent of men.

Persons: aren’t, They’ve, they’re, —, “, ” Tsipursky, It’s, Tsipursky, doesn’t, Knoblock, ” Organizations: Gartner, microaggressions, Workers Locations: Black, FlexJobs

☆ Work-Life Balance Is Harder to Find Thanks to Pandemic and Office Mandates
▼ + stars: | 2023-04-06 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +14 min

The insidious creep of job burnout was inescapable when I spoke with more than a dozen ambitious midcareer women for an article last winter. While work friendships can stifle loneliness, the centrality of a job in American social life does not bode particularly well for Americans' work-life balance. For those who've put all their eggs in the proverbial basket of their job, Koretz said, these times of transition can trigger a kind of identity crisis. The idea is that you just work and work and work and work and work. Workers can also take small steps toward improving their work-life balance by setting aside time each day and each week for nonwork priorities.

☆ U.S. weekly jobless claims fall; layoffs jump in March
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +4 min

The government revised data for some prior years and introduced new seasonal factors for both initial and the so-called continuing claims. Surveys from the Institute for Supply Management this week suggested that the labor market was fraying at the edges. LABOR MARKET LOOSENINGThe Labor Department reported on Tuesday that job openings fell below 10 million at the end of February for first time in nearly two years. The claims data has no bearing on March's employment report, which is scheduled to be released on Friday. Cooling labor market conditions could allow the Fed to halt its fastest interest rate hiking cycle since the 1980s.

☆ Europe Inc earnings offer market optimists more hope
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +5 min

Shares in ASML were lower after the results, having rallied recently to hit their highest since last April. Helped by strong orders in Europe, French train maker Alstom (ALSO.PA) posted an 8% rise in third-quarter sales. While it is still early in the corporate earnings season, the results offer some hope that recent economic data which has buoyed equities this month is grounded in reality. Swiss asset manager GAM (GAMH.S) meanwhile warned on profits after experiencing negative asset flows, knocking its shares 2.5% lower in early morning trading. ($1 = 0.8115 pounds)Reporting by Reuters newsroom; Writing by Josephine Mason; Editing by Catherine EvansOur Standards: The Thomson Reuters Trust Principles.

☆ How Gen Z Is Rewriting the Job Rulebook on 'Résumé Gaps', Career Breaks
▼ + stars: | 2023-01-03 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +11 min

Most people are familiar with the scourge of the résumé gap. Young entrants to the workforce are leading a new conversation about the workplace, and the long-scorned résumé gap is no exception. Instead of viewing it as a negative, many Gen Zers are arguing that career breaks are positive and forcing employers to reconsider their preconceived notions about the résumé gap. The pesky résumé gapWhile job candidates have papered over résumé gaps for years, taking a break during the long march of a career is not uncommon. For those looking at working well into their 70s, a career gap, or two, simply makes sense.

☆ Most supply chain managers expect problems to continue at least through 2024
▼ + stars: | 2022-12-23 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

The dour outlook comes after almost three years of global supply chain problems, which began with the shutdown of Wuhan, China, where the Covid outbreak began. Jon Gold, vice president of supply chain and customs policy of the NRF, said the administration has taken steps to address the supply chain challenges. Earlier this year, for example, the administration rolled out a pilot supply chain data sharing program called Freight Logistics Optimization Works, or FLOW. "The administration needs to remain focused and continue to convene the right supply chain stakeholders to discuss ways to improve supply chain operations and expand data sharing to create a truly 21st century supply chain," Gold said. Nate Herman, AAFA's senior vice president, of policy told CNBC the problems that created the supply chain crisis are far from over.

☆ CNN Poll: Americans have little appetite for Biden-Trump rematch in 2024
▼ + stars: | 2022-12-14 | by ( Jennifer Agiesta | ) edition.cnn.com time to read: +8 min

CNN —There’s little appetite for a 2020 rematch in the coming presidential election, according to a new CNN Poll conducted by SSRS, as majorities of registered voters within each party say they’d rather see someone new nominated in 2024. In January, the poll found a near-even split: 50% said they hoped Trump would be the nominee and 49% wanted someone else. By July, 44% wanted Trump to be the party’s nominee, and now, 38% say the same. Among Democrats who say they’d like someone else as the party’s nominee, nearly three-quarters (72%) say they have no one specific in mind. Nearly two-thirds of Americans say the president does not deserve reelection (62%), while only 37% say he does.

☆ Fed rate hike pushes small business loan interest over 10% for first time in nearly a generation
▼ + stars: | 2022-12-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +8 min

Many business owners have never seen double-digits," said Rohit Arora, co-founder and CEO of small business lending platform Biz2Credit. Almost a quarter of small business owners said they are paying a higher rate on their most recent loan, and the highest since 2008. The latest CNBC Fed Survey shows the market forecasting a peak Fed rate around 5% in March 2023 and the rate being held there for nine months. "Talking to small business owners looking for financing, it's starting to slow things down," Hurn said. Small business loan approval percentages at big banks dropped in November to the second lowest total in 2022 (14.6%), according to the latest Biz2Credit Small Business Lending Index released this week; and also dropped at small banks (21.1%).

☆ Here are Monday's biggest analyst calls: Apple, Amazon, Tesla, Netflix, Coinbase, Costco, Etsy & more
▼ + stars: | 2022-12-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan reiterates Apple as overweight JPMorgan said Apple's iPhone supply chain challenges appear to be moderating. JPMorgan reiterates Netflix as overweight JPMorgan said it sees a "heavily backend-weighted quarter" for Netflix. Morgan Stanley initiates Marriott as overweight Morgan Stanley said it likes how the hotel chain has transformed its business and that it sees a "further re-rating." Jefferies reiterates Amazon and Etsy as buy Jefferies said Amazon and Etsy will be winners this holiday shopping season. Morgan Stanley downgrades Silvergate to underweight from equal weight Morgan Stanley said in its downgrade of the crypto bank that it sees too many headwinds due to the FTX collapse. "

☆ Why labor economists say the remote work 'revolution' is here to stay
▼ + stars: | 2022-12-01 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

ZipRecruiter, another job site, found a fourfold increase in job listings mentioning remote work, to a 12% total share. In all, remote work translates to roughly 4% more hours worked during a 40-hour week. "People really, really want remote work," Pollak said, adding: "It's difficult to put the genie back in the bottle." 'Significant variation' in remote work opportunitiesThat said, most jobs in the U.S. economy can't be done remotely. People really, really want remote work.

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