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The last thing she heard her son scream was, “Jesus, please save me!”Days later, the heartbroken mom was mourning her 7-year-old son Micah, her 73-year-old parents, Nora and Michael, and she was thanking God for saving her. “I see my mom floating by and she’s screaming: ‘Micah! Micah!’” Drye said. As she struggled to stay above the water, Drye said, she was smacked by debris coming from every direction. There were no more landings.”But Drye let go.
Persons: Megan Drye, Hurricane Helene, Drye, “ Jesus, Micah, Nora, Michael, , ” Drye, Helene, Jessica Turner, ” Michael, Megan Drye Drye, ‘ Micah, , weren’t, Heather Kephart, Turner, ‘ Jesus, ’ ” Organizations: Facebook, Mission Locations: Asheville, North Carolina, Florida, Buncombe County, Texas, N.C, Minnesota
Angie Chen left investment banking to become a campaign marketer after feeling burned out. AdvertisementOne year after starting her investment banking job, Angie Chen received her bonus. "I used to feel so cool saying I worked in finance, in investment banking, I'm not going to lie," she told Business Insider. Chen, who made content about her investment banking career on TikTok, said that her social media inspired her to consider entering the marketing industry. Network with 'warmer contacts'While cold messaging on LinkedIn is a common strategy, Chen suggested trying to obtain "warmer contacts," or contacts suggested by mutual connections.
Persons: Angie Chen, Chen, , I'm Organizations: Service, US Bureau of Labor Statistics
Why so many entry-level jobs aren't entry-level
  + stars: | 2024-10-06 | by ( Tim Paradis | ) www.businessinsider.com   time to read: +10 min
"That's really frustrating for entry-level job seekers like me," Goyenka told Business Insider. AdvertisementShe told BI that the volume of vacancies for entry-level tech roles has been declining for about three years in several countries where Generation operates. Generation found in a survey that 94% of employers required that applicants for entry-level tech jobs have experience working in a related field. Beyond raising their standards for entry-level positions, some employers in various industries simply aren't posting as many of these jobs. In a prior role, he spent more than 15 years filling staff-level tech jobs.
Persons: , Goyenka, He's, Daniel Zhao, Mona Mourshed, they've, Mourshed, Jason Henninger, Heller, Henninger, Corey Moss, Pech, Moss, It's, Jennifer Neef, Neef, Rod Danan Organizations: Service, Business, Glassdoor, LinkedIn, Arizona State University, BI, Employers, Florida State University, University of Illinois, Illini, Tech, Arizona State grad Locations: Bellevue , Washington, Urbana, Champaign
Goldman Sachs says a period of underperformance for LivaNova stock could be ending and see shares gain more than 20%. Roman initiated coverage of the medical device stock with a buy rating and a $65 per share price target. Shares have advanced roughly 3% in 2024, significantly underperforming the S & P 500's nearly 20% gain. Roman ties the underperformance to "strategic shifts in the business and pipeline setbacks" for much of the year which also pressured LivaNova's earnings. LIVN YTD mountain LivaNova stock.
Persons: Goldman Sachs, David Roman, LivaNova
He says that quiet vacationing made him more productive at work because he was so happy. Over the course of 15 months, I spent a total of 10 weeks quiet vacationing from my fully remote job. I think quiet vacationing may be good for productivity; I was genuinely so happy while traveling the world, and it translated into my productivity at work. On some quiet vacationing days, I had to work a little later to get things across the line, but I became very efficient. A quiet vacation day in Europe might look something like this: Wake up around 8 or 9 a.m. and eat breakfast at the hotel.
Persons: Oluwole, , Tobi Oluwole, Lyon —, didn't, would've, I'd, Slack, We've, Tobi, Jane Zhang Organizations: Service, Big Tech, Camp, Oluwole, Barcelona football, Houston, Toronto, Montreal, London, Toronto Raptors, LinkedIn Locations: France, , Lagos, Nigeria, Brussels, Atlanta , Georgia, Tennessee, Toronto, Ottawa, Lisbon, Barcelona, Cancun, Atlanta, Francisco, Rome, Amalfi, Paris, Los Angeles, Vancouver, London, Punta Cana, Dominican Republic, Mexico, Canada, Europe, Portugal
Global stocks dipped again on Thursday, while oil prices rose further as markets braced for a wider regional war in the Middle East. "He has been advocating for hitting Iran and for the United States to target Iran. There are several potential targets Netanyahu may be considering:Iran's oil facilitiesOne target could be Iran's oil production facilities. Oil prices spiked for a third day on Thursday, fueled by speculation that the growing conflict could limit production. With oil prices rising, there are fears that the industrial recession the US economy is experiencing could snowball into a full-fledged downturn.
Persons: , Benjamin Netanyahu, Netanyahu's, Netanyahu, Sen, Lindsey Graham of, Biden, Piper Sandler, Jake Oubina, Axios, Beni Sabti, Ayatollah Ali Khamenei, Chris Doyle, Naftali Bennett, Bennett, Gen Herzi Halevi, Farzan, Sabet, Israel's Organizations: Service, Experts, Central, Politics, Deakin University, Iran, Financial Times, Reuters, Brent, West Texas, Fox Business, Institute of National Security, Iran's Revolutionary Guard, Council, Guardian, US, Military, Global Governance Centre, Geneva Graduate Institute Locations: Israel, Iran, Middle East, Australia, United States, Lindsey Graham of South Carolina, Tel Aviv, British
Here’s a look at Iran’s ballistic missile capabilities and the defensive systems employed by Israeli and other forces in the region. The Shahab-3 is the foundation for all Iran’s medium-range ballistic missiles using a liquid propellant, according to Patrick Senft, a research coordinator at Armament Research Services (ARES). But analysts point out that almost all ballistic missiles reach hypersonic speed during their flights, especially as they dive towards their targets. Some 180 ballistic missiles had been launched from Iran against Israel and intercepted in the sky across Israel on October 1, 2024. Meanwhile, the Arrow 3 uses hit-to-kill technology to intercept incoming ballistic missiles in space, before they reenter the atmosphere on their way to targets.
Persons: Kenneth McKenzie, Patrick Senft, Fabian Hinz, Hinz, , , Trevor Ball, “ Israel, There’s, Israel, Israel’s RAFAEL, Matan Golan, Cole, Bulkeley, Pat Ryder, CNN’s Gianluca Mezzofiore, Haley Britzky Organizations: CNN, Missile, Center for Strategic, International Studies, US Air Force, Iran Watch, Wisconsin, Control, Armament Research Services, International Institute for Strategic Studies, US Army, country’s Missile Defense Organization, Defense System, Raytheon, CSIS, Missile Defense Advocacy Alliance, US, Navy, Pentagon, Aegis, Iranian Locations: Iran, Israel, United States, Jordan, Tehran, Jordanian
The strategy is meant to minimize interest rate risks, explained Saraja Samant, a manager research analyst at Morningstar. Wisdom Tree has two Treasury ladder ETFs: a one- to three-year fund and a seven- to 10-year fund. Schwab has Treasury bond ladder strategies in separately managed accounts operated by its Wasmer Schroeder Strategies' team. "They can add to or take from the entire bond ladder all at once, which is challenging to do with an individual bond ladder." The 'comfort' of a ladder To build a Treasury ladder, investors can go to Treasury Direct or use a broker dealer and tailor it to their needs, Samant said.
Persons: you'll, Saraja Samant, Robert Scrudato, Schwab, Schroeder, Barry Glassman, Morningstar's Samant, Samant, Michael Kessler, Glassman, Kessler, he's Organizations: Federal, Morningstar, Treasury, BlackRock, Securities and Exchange Commission, Wealth, Albion Financial, AAA Locations: Vienna , Virginia, Salt Lake City
It's only been two weeks since the Federal Reserve cut interest rates for the first time in more than four years, but investors are already getting paid less to park their extra cash. Central bank policymakers trimmed a half point from the fed funds rate in September, bringing it down to a range of 4.75% to 5%. That means that the days of 5% yields on idle cash are largely in the past, at least for the current cycle. Lock in with ladders Three key considerations for investors holding cash would be liquidity, yield and risk. For clients who want ready access to their cash, a high-yield savings account could be a solid bet, Sergunina said.
Persons: Jerome Powell, Arvind Narayanan, Anna Sergunina, Sergunina, Narayanan, Amy Arnott, isn't Organizations: Federal Reserve, Vanguard, Main, Financial, ., Federal Deposit Insurance, Morningstar, Bond, SEC Locations: Central, Los Gatos, Calif
Hong Kong CNN —China has taken a step forward in its ambitious plan to land astronauts on the moon by 2030 – unveiling the specially designed spacesuit its crew will don for what’s expected to be a landmark mission in the country’s space program. An image of China's new lunar spacesuit as it appeared in a video shared by state media. The agency revealed a protoype of its Artemis III spacesuit prototype, the AxEMU, in 2023. Thanks to its thin exosphere, the moon is an unforgiving place, exposed to both the sun’s rays and the cold of space. “Unlike low-Earth orbit missions, astronauts will be in a harsh natural lunar environment during lunar extravehicular activities.
Persons: Zhai Zhigang, Wang Yaping, Elon Musk, , China’s, Artemis, Wu Zhiqiang, Wang Chunhui Organizations: Hong Kong CNN, China Manned Space Agency, SpaceX, Federal Aviation Administration, CNN, FAA, NASA, Xinhua, China National Space Administration, China Astronaut Research, Training Center Locations: Hong Kong, China, America, United States, China’s Dunhuang
Nike's new CEO, Elliott Hill, started as an intern and climbed the corporate ladder over 30 years. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNike's incoming CEO is no stranger to the sports apparel company, beginning as an intern and working his way all the way up to the top spot.
Persons: Elliott Hill, , John Donohoe Organizations: Service, Nike, Business
PeopleImagesProgress toward narrowing the gender pay gap has mostly stalled, in part due to something researchers call the "gender promotion gap." Women are about 13% less likely to be promoted than men, according to Shue's research. That imbalance is a major driver in the persistent income inequality between men and women, she said. About 70% of the gender wage gap is due to women occupying different positions compared to men, according to Shue. But even when men and women occupy the same position, women are paid less, she added.
Persons: Kelly Shue, Shue, Lean Organizations: Yale School of Management, CNBC's, Census, National Women's Law, Lean, McKinsey Locations: America
Fixing Broken Rungs: Mending the Corporate Ladder
  + stars: | 2024-09-25 | by ( Deirdre Bosa | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFixing Broken Rungs: Mending the Corporate LadderAlthough female workers typically outperform their male counterparts, men are more likely to get promoted. This issue is a major factor in the gender wage gap, which has barely budged in the past 20 years. Professor Kelly Shue shares her research on the gender promotion gap, the biases that contribute to it and how we can address this problem.
Persons: Kelly Shue
The singer, whose legal name is Casandra Ventura, settled the suit with Combs in a day without disclosing the terms. In addition to Combs, Graves’ suit names Joseph Sherman, who, according to the suit, was known as “Big Joe,” and was for a time, Combs’ bodyguard and head of security. The suit alleges Combs led her to a couch in a private room in the studio, where she lost consciousness. Combs applied lubricant to himself and then raped her as she screamed out in pain, the suit alleges. When she regained consciousness, the suit alleges Sherman slapped her in the face and sexually assaulted her.
Persons: Sean “ Diddy ” Combs, , , Combs, Thalia Graves, Cassie, Casandra Ventura, Graves, Joseph Sherman, Big Joe, Sherman, Plaintiff, hysterically, ” Sherman, Carl Thomas, hasn’t, Gloria Allred, R, ” Graves, Allred, Ventura Organizations: New York City, Bad, Combs Locations: New York, New York City, Queens, Manhattan
It’s only Week 4 in the NFL, and already the league has given us plenty of surprises. AdvertisementLast week: 2Monday: Beat Jacksonville Jaguars 47-10Surprise: That all of their offseason losses haven’t hurtIn fact, some of them might have helped. Seattle Seahawks (3-0)Last week: 10Sunday: Beat Miami Dolphins 24-3Surprise: This team leads the NFC West by two gamesIt’s not the 49ers. pic.twitter.com/5ZUE81lJQm — NFL (@NFL) September 20, 202416. For the season, NFL kickers have hit 76.5 percent of their field goals from beyond 50 yards.
Persons: Trevor Lawrence, we’ve, Josh Allen, Allen, Damar Hamlin, Travis, isn’t, Kelce, Patrick Mahomes, Amon, Ra St, Brown, Jahmyr Gibbs, Gibbs, J., m., abel, m. E Organizations: NFL, Seattle Seahawks, Beat Jacksonville Jaguars, Bills, Baltimore Ravens, Beat Atlanta Falcons, Chiefs, , Los Angeles Chargers, Beat Arizona Cardinals Locations: 7 y, 9 y, 1 y, 4 y, 2 y, 5 y
In another twist of his extreme rhetoric, Trump also seems to be seeking scapegoats should he lose the election in just over 40 days. Last week, at an event on antisemitism, the former president warned that “the Jewish people” would be partly to blame if he loses in November. As president, I have to be your protector.”Former President Donald Trump holds a fighting antisemitism event at Trump National Golf Club Bedminster on August 15, 2024, in Bedminster, New Jersey. On Monday, the former president warned that if Congress tried to block him from imposing new tariffs on China, he’d just ignore lawmakers. Like Trump, Harris argues that US Steel should remain American owned in opposing a sale to Nippon Steel — Japan’s biggest steelmaker.
Persons: Donald Trump, , ” Trump, Kamala Harris, Harris, , Trump, Benjamin Netanyahu, he’s, Biden, Netanyahu, , Adam Gray, We’re, Viktor Orbán, ” mused Trump, Republican Party —, Xi Jinping, Xi, he’d, John Deere, “ I’m, haven’t, Joe Biden, Win McNamee Organizations: CNN, Democratic, Fox News Town, America, Trump National Golf Club Bedminster, Getty, Farmers, Capitol, Republican, Republican National Convention, Republican Party, Monday, Investments, Trump, The New York Times, Siena College, Steel, Nippon Steel Locations: Pennsylvania, China, Israel, Bedminster , New Jersey, Harris, America, Hungarian, Beijing, Mexico, United States, Illinois, Ramos, Sprankle's, Kittanning , Pennsylvania, Arizona , North Carolina, Georgia
The truth about promotions
  + stars: | 2024-09-24 | by ( Aki Ito | ) www.businessinsider.com   time to read: +9 min
That was obviously a bad idea, and since then, we've spent a century and a half honing the art and science of promotions. To study promotions, the researchers conducted a series of clever experiments. But in other groups, managers were selected based on their own preferences. What did much better at predicting good managers was intelligence, as measured by a common IQ test. "Don't think, well, they like to talk, and therefore they're going to be a good manager."
Persons: we've, we're, David Deming, It's, Dunning, Kruger, Mark Zuckerberg, Elon Musk, Deming, they'll, Aki Ito Organizations: National Bureau of Economic Research, Employees, Harvard Kennedy School, Harvard, Tech, Business Locations: America
In many ways, F1 Academy is a spiritual successor to W Series, an all-female racing series that shuttered in 2022 because of financial problems. Where F1 Academy differs is that it has the financial backing of Formula 1 and buy-in from the sport's constructors, with each team sponsoring F1 Academy drivers. "F1 Academy is a really friendly environment and a bit different to when I've been in male paddocks with mixed competition. She previously competed in W Series and has enjoyed her time so far with F1 Academy, which she describes as a "streamlined" series. Most importantly, though, she's grateful for the amount of testing and practice time that F1 Academy provides.
Persons: , It's, Susie Wolff, Wolff, Marta García, Williams, Venturi, Toto Wolff, James Sutton, I've, Doriane, Racing, Pin, Chloe Chambers, Chris Graythen, Chambers, Haas, she's Organizations: Formula, Service, Academy, Motorsports, F1, Formula Regional, Williams Racing, Formula E, Mercedes F1, F1 Academy, Racing Locations: Spain, Singapore, British, Jeddah, Saudi Arabia
CNN is reporting only a small portion of Robinson’s comments on the website given their graphic nature. Many of Robinson’s comments on Nude Africa stand in contrast to his public stances on issues such as abortion and transgender rights. I sat there for about an hour and watched as several girls came in and showered,” Robinson wrote on Nude Africa. Writing in a forum discussing Black Republicans in October 2010, Robinson stated unprovoked: “I’m a black NAZI!”That same month, Robinson wrote in another post that he supported the return of slavery. Robinson’s comments on Nude Africa often frequently contained derogatory and racial slurs directed at Black, Jewish and Muslim people.
Persons: — Mark Robinson, , Robinson, He’s, ” Robinson, “ We’re, “ peeping, , peeping, “ I’m, Josh Stein, Martin Luther King Jr, King, Barack Obama, Martin Lucifer Koon, Donald Trump, Stein, minisoldr, robinson ”, minisoldr “ Mark, ” Minisoldr, Yolanda Hill, Minisoldr, Mark Robinson’s, Disqus, Robinson’s, Greensboro , North Carolina – Robinson’s, Robinson Robinson, Mark Robinson, dunder, Nazi Germany Adolf Hitler, “ I’d, Martin Luther King, hebe ”, Norman Lear Organizations: CNN, Republican, Publicly, Africa, NC, Assembly, North Carolina Republican Party, Stein, Army, Black College and University, North Carolina, T State University, Disqus, Greensboro , North Carolina –, Twitter, Facebook, Black Republicans Locations: North Carolina, Parkland, North, Washington ,, Greensboro , North Carolina, Greensboro, NAZI, Nazi Germany, Washington
How to make the Fed rate cut work for you
  + stars: | 2024-09-18 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +11 min
In its August survey of car shoppers, a majority (64%) said a Fed rate cut likely would affect the timing of their purchase. But here’s the thing: Car loan rates are pretty high — the average is 7.1% for new cars and 11.3% for used cars, according to Edmunds. If you do buy a home this year and are considering buying down points to reduce your mortgage rate, crunch some numbers first, Diodato advised. That’s because you will pay thousands of dollars to buy down your mortgage rate now, and then thousands more in fees to refinance. What to do if you’re not near retirement: Reconsider how much money you’re keeping in cash or cash-equivalent investments.
Persons: Jerome Powell, Powell, , , Greg McBride, McBride, Chris Diodato, Jessica Caldwell, ” McBride, Caldwell, We’re, Diodato, you’ll, won’t, Kathy Jones, Jones Organizations: CNN, Federal Reserve, Bankrate.com, Fed, Treasury, FDIC, Schwab Center, Financial Research, AAA, Bond Locations: Edmunds, Schwab.com
The Federal Reserve is widely expected to start cutting interest rates Wednesday afternoon. Those yields are expected to start coming down sharply as the Fed begins to ease back on generationally high rates. Adding some duration Duration refers to a bond's price sensitivity to changes in interest rates. A bond yield moves inversely to its price, so that when bond prices rise, yields decline. Though investors in the space may be concerned about prepayment risk, especially as interest rates come down and homeowners look to refinance, Cetera says that worry may already be priced in.
Persons: Kathy Jones, Tony Miano, Jones, Schwab's Jones, Gene Goldman, Goldman, James Shagawat, Shagawat Organizations: Federal Reserve, Treasury, Schwab Center, Financial Research, Wells, Wells Fargo Investment Institute, York Life Investments, Investment Management, Investors Locations: Wells Fargo, AdvicePeriod, Paramus , New Jersey
His success has also helped fuel a boom in family offices, a financial structure pioneered by J.P. Morgan and popularized by the Rockefellers. Today there are thousands of family offices globally, with the total number tripling between 2019 and 2023, according to the data provider Preqin. To protect Page, Osborne has long remained hidden, the man behind the megabillionaire's curtain. AdvertisementThe small staff at Koop, Page's family office in Palo Alto, are fiercely committed to Page's privacy. Through his investment in Way2B1, Page is seeking to make money by monetizing the techniques he uses to make money.
Persons: Thomas, Larry Page, Wayne Osborne, Osborne, Koop, , Wayne, Jeffrey Epstein, Gmail, Page, he's, Larry, Morgan, Morgan Stanley, hasn't, Justin Sullivan, hawking, Sergey Brin, George Pavlov, Mark Zuckerberg, Jeff Bezos, Melinda Lewison, Natasha Pearl, Aston Pearl, James Estrin, Helen Frankenthaler, Minerva, Joseph E, Brooks, Taylor, Mortimer Zuckerman, Zuckerman, he'd, who'd, Koop's, Ken Goldman, Eric Schmidt, Hugh Langley, Michael Floyd, Floyd, Page's, Lucy Southworth, Southworth, It's, Way2B1, it's, Gilles Martin, Hal Bailey Organizations: QS, Osborne, J.P, Google, Harvard Business School, Princeton Theological Seminary, Presbyterian Church, New York Times, Minerva, U.S . News, Boston Properties, Shell, CIA, Energy Technologies, Oceankind, Forbes, Business, Fiji Locations: New York, Caribbean, St, Palo Alto , California, Wayne, Mississippi, Connecticut, Silicon Valley, U.S, Silicon, Palo Alto, Koop, Nola, margarita, Way2B1, Fijian, superyachts, New Zealand, Fiji
In July, regulators fined the bank $136 million for failing to fix its data quality issues quickly enough. "Data and technology are intrinsically linked and the maturity and sustainability of our Data Transformation plan require that we leverage technology more," the memo reads. AdvertisementCiti is also appointing a new leader to run its Chief Data Office: Ashutosh Nawani, who previously led enterprise risk management. Nawani will report to Ryan and serve as head of enterprise data office and data transformation. Mehta became chief data officer the following month.
Persons: , Tim Ryan, Anand Selva, Ryan, we've, Selva, We've, Ashutosh Nawani, Nawani, Japan Mehta, Jane Fraser, Kathleen Martin, Martin, Mehta Organizations: Service, Citigroup, Citi, Business, PricewaterhouseCoopers, Revlon, Data, PwC, OCC Locations: London, Japan, India, Asia, Singapore, New York, Selva
Read previewOn August 13, 2023, my husband and I dropped off our only child, Hailey, at the University of Nebraska. Hailey's college biology courses were much more grueling than in high school, and she struggled to sit through the lectures. She courageously then dropped out of collegeNear the end of her first semester of college, Hailey courageously withdrew, told her friends, and notified her sorority. Her short time in college wasn't wastedWhen Hailey was making her decision, she was nervous that her one semester in college would be a waste. She has a full semester of college credits under her belt that will inform her worldview and future business choices.
Persons: , Hailey, she'd, wasn't Organizations: Service, University of Nebraska, Tri Delta sorority, Business, University
Related storiesThe boom of strength training in 2020Australian personal trainer Kayla Itsines developed the uber popular "Sweat with Kayla" app. "The 20-somethings, the 40-somethings, the 60-somethings will all be gravitating towards strength training, just because of the benefits it provides." They're branding themselves as more of a high-intensity training equipment provider than just a stair-climbing apparatus provider these days. Strength training is ideal for extending your "play span," your ability to keep doing what you love as you age. "What strength training really affords people is to make age just feel like a number," he said.
Persons: you'll, Mauro Maietta, that's, Kenneth Cooper, Arnold Schwarzeneggers, it's, Richard Simmons, Evan Hurd, Pete McCall, Kayla Itsines, Kayla, Kira Stokes, Kaisa Keranen, they'd, Pamela Kufahl, Kufahl, Gen Z, there's, , they're, you've, Antonio Villalba, McCall, Clive Brunskill, Chris Travis, Jim Rowley, MoMo, JDI, Priscilla Del Moral, JDI's, Miriam Fried, MF, she's, Del, Natalia Mehlman Petrzela Organizations: Venture, Business, Sports, Fitness Industry Association, Crunch Fitness, Kids, Health & Fitness Association, Amazon, Health, Fitness, Getty, Seattle, New, Crunch, Athletech News, New School, Brands, Core Health Locations: Manhattan, L.A, Barre, Orange, New York City, New York
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