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☆ Wall Street style guide: Bankers break down what interns should — and should not — wear this summer, from Lululemon trousers to Allbird sneakers
▼ + stars: | 2023-05-10 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +10 min

From Allbirds sneakers to Lululemon pants, Wall Street work attire has gotten more casual. It's an awkward time for the Wall Street wardrobe. Trying to nail the modern Wall Street look can be intimidating. But blazers still have a place on Wall Street, even if they're not as omnipresent as they once were. "If you're going to do a sneaker, it's got to be what I call a 'fashion sneaker.'

☆ Texas gunman had 'neo-Nazi ideation,' officials say
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: 1 min

May 9 (Reuters) - Texas law enforcement officials said on Tuesday the gunman who killed eight people over the weekend at an outlet mall in suburban Dallas had "neo-Nazi ideation" but that his victims appeared to be chosen randomly without regard for age, sex or race. The gunman, identified as Mauricio Garcia, opened fire with an AR-15-style rifle at the crowded Allen Premium Outlets mall in Allen on Saturday. The eight people who died in the mass shooting included three children. In addition 10 people, ranging in age from 5 to 61, were wounded. The shooter had eight legally purchased weapons, three on him and five in his vehicle, said Hank Sibley, a regional director of the Texas Department of Public Safety.

Her comments were echoed by others who feel the narrative shared by three top central banks of relatively cost-free disinflation rests on shaky ground. Among the Fed, ECB and BoE, only the British central bank projects a recession will be needed to slow inflation - only a mild one at that. U.S. central bank officials have split the difference, projecting a modest one-percentage-point rise in the unemployment rate this year from its near-historic low of 3.5%, and slow, but continued, economic growth. Martins Kazaks, Latvia's central bank chief, said the risk of a recession was still "non-trivial," with a host of factors still putting pressure on prices. For the Fed, different policymakers offer different ideas about the forces that will lower inflation as high interest rates slowly cool demand.

☆ UK lenders see weak mortgage lending, but no wider credit crunch: BoE
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +2 min

Lenders signalled that loan spreads - the additional interest that banks charge to borrowers over and above the market rate - were likely to narrow in the second quarter. The BoE said lenders plan to restrict the supply of secured lending to households in the second quarter, with mortgage approvals data already showing signs of a sharp slowdown. While that may weaken housing market activity in the months ahead, the survey showed lenders expect to increase the supply of consumer credit and maintain existing levels of corporate lending in the coming months. The quarterly Credit Conditions Survey also showed rising default rates across mortgages, consumer credit and corporate loans during the first quarter. Lenders expected them to rise further in the second quarter.

☆ Mountain Valley Pipeline's West Virginia water permit tossed by court
▼ + stars: | 2023-04-03 | by ( Clark Mindock | ) www.reuters.com time to read: +3 min

Circuit Court of Appeals found several defects in the review the West Virginia Department of Environmental Protection conducted before issuing the permit. They told the court the agency ignored Equitrans' history of violating state water regulations when it issued the permit under the Clean Water Act. A spokesperson for the West Virginia Department of Environmental Protection said they're reviewing the decision. The permit is one of the last remaining hurdles for the multi-billion dollar project, which would carry natural gas between West Virginia and Virginia. For West Virginia: Attorney General Patrick Morrisey, Michael Williams and Lindsay See of the state attorney general’s office and Jason Wandling of the West Virginia Department of Environmental Protection.

☆ Gen Z job seekers are rattling older managers by asking about work-life balance in the first interview
▼ + stars: | 2023-03-29 | by ( Alexandra York | Josée Rose | ) www.businessinsider.com time to read: +8 min

Many Gen Z job seekers are asking about work-life balance during interviews. There wasn't a big focus on work-life balance when many of today's managers started working more than a decade ago. Gen Zers need to know the industry before asking about work-life balanceSome industries invite questions of work-life balance, according to Gen Zers and hiring managers who spoke with Insider. "If you were to directly ask, 'Can you describe the work-life balance for analysts at your firm?' Mary Cooney, the founder of the professional-development platform Generation IQ, said it's time to move on from this stigma of work-life balance.

☆ CNN anchor Kasie Hunt gives birth in surprise 13-minute labor
▼ + stars: | 2023-03-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +1 min

New York CNN —CNN anchor and chief national affairs analyst Kasie Hunt and husband Matthew Mario Rivera welcomed their second child to the world last week in an unforgettable way. Their daughter, Grey Hunt Rivera, was born at home on Wednesday morning after just 13 minutes of sudden labor — before there was time to call the paramedics. CNN anchor and chief national affairs analyst Kasie Hunt and newborn Grey. We were expecting her to arrive via a scheduled C section on Thursday morning,” said Hunt and Rivera of the early arrival. “It’s a day we’ll never forget!”Grey Hunt Rivera was born on Wednesday, March 1 at a healthy 8 pounds and 4 ounces.

☆ NatWest lifts staff pay after cost of living backlash
▼ + stars: | 2022-12-01 | by ( Iain Withers | ) www.reuters.com time to read: +3 min

[1/3] The logo of NatWest Bank, part of the Royal Bank of Scotland group is seen outside a branch in Enfield, London Britain November 15, 2017. Britain's biggest domestic bank Lloyds offered a similar deal of a minimum 2,000 pound pay rise earlier this month. NatWest's shares plunged as much as 10% when it warned of rising costs next year in its third-quarter results on Oct 28, which Rose put down to the need to pay staff more. Pay offers for staff on higher pay bands in Britain were not included in the negotiations with unions. NatWest staff based overseas will be offered the local cash equivalent of the 1,000 pounds lump sum planned in Britain, the memo added.

☆ Belgium knocked out of World Cup after goalless draw with Croatia
▼ + stars: | 2022-12-01 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —Belgium was knocked out of the 2022 World Cup on Thursday after a goalless draw with Croatia left it third in Group F.In what was a frustrating evening for the Red Devils, both Romelu Lukaku and Yannick Carrasco spurned good opportunities to score the goal which would have sent Belgium through. For Belgium, it is another disappointing end to an international tournament, but manager Roberto Martínez said afterward that Belgium can go home with its “heads held high.”“It’s not easy to win games in the World Cup. We’re out, but we can leave with our heads held high.”Belgium's Timothy Castagne looks dejected after being eliminated from the World Cup. After the break and following the introduction of Inter Milan striker Lukaku, Belgium increased the tempo as it pressed for a vital goal – Lukaku heading straight into the arms of Croatia goalkeeper Dominik Livaković. In the previous World Cup, we won three games in the group stage, we wanted to go all the way.”

☆ Crypto startup MoonPay hires Time president to lead its enterprise business
▼ + stars: | 2022-11-28 | by ( Riley De León | ) www.cnbc.com time to read: +7 min

In this article LTH Follow your favorite stocks CREATE FREE ACCOUNTKeith Grossman, Time president TIMEPieces Artist Jeremy CowartTime president Keith Grossman is leaving the legacy publisher to take on a new role as the president of enterprise at crypto startup MoonPay, effective December 31. Before his three-plus years at Time, Grossman had held leadership posts at major publishers including Bloomberg and Condé Nast-owned Wired. "I think it's important to separate a bad actor from an industry," Grossman said of the FTX fallout. Crypto's confidence crisisIn the 12 months since bitcoin topped out at over $68,000, the crypto industry, once valued at roughly $3 trillion, has fallen to around $900 billion. Enterprise adoption has been fueling this belief, with companies including Nike , McDonald's , Adidas and Starbucks launching their own NFT collections.

Throughout the town’s setbacks, generations of locals have taken their first and last breaths at Greenwood Leflore Hospital. On Nov. 4, talks with a larger hospital in Jackson that local officials had hoped would take over Greenwood Leflore fell through. Leflore County Supervisor Board President Robert Collins said finances are already strained, but the county can most likely put up about $3.5 million for Greenwood Leflore. Dr. Roderick Givens, who treats cancer patients at the Greenwood Leflore Hospital, is working with other local leaders to keep the facility open. When Greenwood Leflore opened in 1906, it initially operated out of a mansion repurposed as a medical facility.

☆ Time Names Jessica Sibley as CEO
▼ + stars: | 2022-11-08 | by ( Joseph De Avila | Alexandra Bruell | ) www.wsj.com time to read: 1 min

Time, the publisher of Time magazine, has named Jessica Sibley as chief executive of the media company. Ms. Sibley is taking over Time’s business operations from current chief executive Edward Felsenthal , who will retain his role as editor in chief of the publication, the company said Monday. Mr. Felsenthal will also become executive chairman of the company, Time said.

☆ How Time magazine made more than $100 million with docuseries for Netflix, Amazon, and more by mining its 100-year-old archive
▼ + stars: | 2022-11-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Time Studios has become Time's biggest driver, generating more than $100 million, or 25% of its revenue. It's sold dozens of projects to the likes of Netflix, Amazon, and HBO, including "jeen-yuhs: A Kanye Trilogy." Time Studios has been developing some projects you might not expect from a 100-year-old legendary magazine brand. And of course there's "jeen-yuhs: A Kanye Trilogy," the doc series about now-disgraced Ye that sold to Netflix for a reported $30 million in 2021 after a robust bidding war. The Benioffs' support has allowed Time Studios to deficit-finance, or self-fund, about half its doc projects, enabling it to move at startup speed.

☆ Arsenal return to top, Salah earns Liverpool win at Spurs
▼ + stars: | 2022-11-06 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

A second-half goal by Brazilian defender Gabriel earned Mikel Arteta's side their 11th win in 13 league games and they have now beaten Tottenham Hotspur, Liverpool and Chelsea. Gabriel's 63rd minute toe-poke by Gabriel was enough to lift Arsenal to 34 points from 13 games. "We're not in a fantastic moment as we speak and in the end Arsenal deserved to win because they were the better team overall," Potter said. But despite constant pressure they could not equalise as Liverpool held on for their first away league win of the season. Tottenham are in fourth place with 26 points from 14 games while Liverpool rose to eighth with 19 points.

☆ De Bruyne puts Manchester City top, Liverpool suffer shock defeat
▼ + stars: | 2022-10-29 | by ( Martyn Herman | ) www.reuters.com time to read: +5 min

Liverpool's second successive defeat against a team in the bottom three, following last week's reverse at Nottingham Forest, left them in ninth place, eight points off the top four. Chelsea also lost ground as Graham Potter's return to Brighton & Hove Albion ended in a 4-1 hammering. Manchester City have 29 points from 12 games, one point more than Arsenal who host bottom club Nottingham Forest on Sunday. Spurs moved to 26 points from 13 games with Newcastle, who have lost only once all season, on 24. Fulham could have moved level on points with Chelsea but were held to a 0-0 draw at home to Everton.

☆ Queen Margrethe of Denmark diagnosed with COVID after attending funeral
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterDenmark's Queen Margrethe pays her respects to Britain's Queen Elizabeth, following her death, during her lying-in-state at Westminster Hall, in London, Britain, September 18, 2022. REUTERS/John Sibley/PoolCOPENHAGEN, Sept 21 (Reuters) - Queen Margrethe of Denmark has tested positive for COVID-19 for the second time this year, the royal court said on Wednesday. She attended the Queen Elizabeth's funeral in London on Monday. Queen Margrethe, who has been vaccinated against the coronavirus, was also diagnosed with COVID-19 in February this year, showing mild symptoms at the time. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nikolaj Skydsgaard in Copenhagen, editing by Anna Ringstrom; Terje Solsvik and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

☆ Gap eliminates 500 corporate jobs amid shrinking margins
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterThe Gap logo is seen on the front of the company's store on Oxford Street in London, Britain, July 1, 2021. REUTERS/John SibleySept 20 (Reuters) - Gap Inc (GPS.N) is eliminating about 500 corporate jobs, the apparel chain said on Tuesday, as it struggles to protect margins and battles weak sales of outdated clothes at brands including Old Navy. Register now for FREE unlimited access to Reuters.com RegisterShares of the Banana Republic parent declined about 3% in afternoon trade, taking the year-to-date decline to 48%. Late last month, the company withdrew its annual forecasts due to an inventory glut and weak sales. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ Britain's Kingfisher first-half profit falls 30%, big-ticket sales 'resilient'
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +1 min

REUTERS/John Sibley/File PhotoLONDON, Sept 20 (Reuters) - British home improvement retailer Kingfisher (KGF.L) reported a 29.5% fall in first-half underlying profit but said it was seeing resilience in outdoor and 'big-ticket' category sales trends despite the cost of living crisis. Total sales fell 2.8% on a constant currency basis to 6.81 billion pounds, while like-for-like sales fell 4.1%. It said third-quarter trading was consistent with the full year 2022-23 adjusted pretax profit guidance of about 770 million pounds set out at the start of the year. It said these point towards profit outcomes of 730 million pounds to 770 million pounds. ($1 = 0.8757 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by James Davey, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ Britain's Truss faces whirlwind week as politics resumes after queen funeral
▼ + stars: | 2022-09-19 | by ( Elizabeth Piper | ) www.reuters.com time to read: +6 min

Since the queen's death on Sept. 8, politics - or at least the discussion of its ins and outs - has been on pause for a period of national mourning, out of respect for a monarch who reigned for 70 years. read moreAnd while her spokespeople were diligent in declining to make announcements during the national mourning period, her government pressed on with its work, with one source saying her ministers were in the finance ministry even on Sunday. He may also announce the end to caps on bankers' bonuses, but last week no decisions had been taken. While foreign minister, Truss described the relationship as "special, but not exclusive". For a woman who said she would be ready to govern from day one, she has set herself a tough agenda.

☆ Horses and the 'Sport of Kings' were Queen Elizabeth's passion
▼ + stars: | 2022-09-16 | by ( Alan Baldwin | ) www.reuters.com time to read: +5 min

The late monarch's horses won more than 1,800 races and her annual presence at Royal Ascot and the Epsom Derby reflected a deep personal interest as much as carrying out royal duty. "I'm sure if the queen had not been bred into being a monarch she would have found a vocation with horses. Nicky Henderson, another royal trainer, also told the Racing Post how the queen had watched one of her horses win a race on television. The queen's horses won all the British classics with the exception of the Derby, the most prestigious of all. Queen Elizabeth attended every edition of the Royal Windsor Horse Show since its inception 79 years ago, including in May.

☆ The UK has a new prime minister — meet Liz Truss, the tax-cutting Brexit convert taking over from Boris Johnson
▼ + stars: | 2022-09-05 | by ( Bethany Dawson | Catherine Neilan | ) www.businessinsider.com time to read: +9 min

Liz Truss has been named the new prime minister of the UK in the wake of Boris Johnson quitting. The victory also makes her the new prime minister, due to take over Tuesday. An ally of Johnson, Truss has often been described as the continuity candidate — but who is she, and what can we expect from her premiership? While Truss has been named as the Conservative Party leader, she must wait another day before officially becoming prime minister. Truss is set to become prime minister Tuesday after traveling to meet the Queen at Balmoral in Scotland.

☆ London Tube staff plan strike next month, says union
▼ + stars: | 2022-07-26 | by ( ) www.reuters.com time to read: +1 min

[1/2] Union Jack flags and signs are seen outside Oxford Circus underground station on the first day of national rail strike, in London, Britain June 21, 2022. REUTERS/John SibleyLONDON, July 26 (Reuters) - London underground rail staff plan to strike on Aug. 19 over jobs and pensions, the RMT union said on Tuesday, in the latest industrial dispute that could disruptBritain's transport services. "Unless there can be assurances made about jobs, pensions and detrimental changes to working conditions, then our strike on August 19 will go ahead," RMT general secretary Mick Lynch said. The union said Transport for London (TfL) had failed to engage in talks about safeguarding jobs and pensions. Reporting by Sachin Ravikumar; editing by Michael HoldenOur Standards: The Thomson Reuters Trust Principles.

☆ A sentence that never ends: How probation kept a Pennsylvania man locked up through the pandemic — even after his release date
▼ + stars: | 2022-02-04 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +39 min

He was still a teenager when, a year after his school went under, he graduated to a new form of state supervision. Inmates walk the hallways during a media tour of the Curran-Fromhold Correctional Facility in Philadelphia, Pennsylvania, August 7, 2015. And such violations have bloated the probation system, with roughly 250,000 people now subject to restrictions on their freedom. Philadelphia District Attorney Larry Krasner listens during a press conference announcing Danielle Outlaw as the new Police Commissioner on December 30, 2019 in Philadelphia, Pennsylvania. Pennsylvania State Senator Katie Muth was elected in the 2018 "blue wave," defeating the incumbent Republican.

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