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☆ An Austin Powers movie helped inspire the US strategy of exposing Russia's tactics in Ukraine, a national security advisor says
▼ + stars: | 2023-02-24 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

advisor took inspiration from Austin Powers as Russia prepared its invasion, Politico said. The situation reminded him of a scene in the cult comedy movie where a steamroller moves forward. He said in November 2021, he had been discussing a scene in the 1997 spy comedy "Austin Powers: International Man of Mystery," with Deputy National Security Advisor Jonathan Finer. Sullivan said that he and other top national security officials settled on the unprecedented strategy of declassifying US intelligence about Russia's plans. It was a gamble that this would work," Emily Horne, a former National Security Council spokeswoman told the publication.

☆ Airbus deliveries fell to 20 jets in January
▼ + stars: | 2023-02-07 | by ( Tim Hepher | ) www.reuters.com time to read: +2 min

PARIS, Feb 7 (Reuters) - Airbus (AIR.PA) deliveries fell to 20 airplanes in January compared to 30 in the same month last year, the company said on Tuesday, confirming an earlier Reuters report. Detailed Airbus data showed that the cancellation came from Viva Air Colombia, a subsidiary of Irelandia Aviation. Airbus eventually lowered then abandoned that goal in 2022 as supply chain and industrial pressures began to bite harder than expected. It made 663 industrial deliveries for the year or 661 after a Russia sanctions-related adjustment. Industry sources have said the shallower "hockey stick" recovery would allow Airbus' COVID-hobbled supply chain to reset and prepare a more reliable catch-up from mid-decade.

PARIS, Feb 7 (Reuters) - Airbus (AIR.PA) deliveries fell by a third to 20 airplanes in January compared to 30 in the same month last year, the company said on Tuesday, confirming an earlier Reuters report. Detailed Airbus data showed that the cancellation came from Viva Air Colombia, a subsidiary of Irelandia Aviation. Airbus eventually lowered then abandoned that goal in 2022 as supply chain and industrial pressures began to bite harder than expected. It made 663 industrial deliveries for the year or 661 after a Russia sanctions-related adjustment. Industry sources have said the shallower "hockey stick" recovery would allow Airbus' COVID-hobbled supply chain to reset and prepare a more reliable catch-up from mid-decade.

☆ David Solomon admits Goldman took on too much, too quickly in consumer business
▼ + stars: | 2023-01-18 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Goldman Sachs CEO David Solomon told CNBC Wednesday that his firm suffered an upsetting quarter partly due to its overly ambitious consumer efforts. "I think we now have a very good deposits business," Solomon said. Apart from its consumer platforms, Solomon said Goldman's performance in asset management and lending was solid relative to its peers. "Our relative asset growth and the performance of core business is actually quite good when you stand it up against peers," Solomon said. The bank posted an 11% return on average tangible common shareholders' equity for 2022.

☆ Tesla just started an electric car price war, and it's bad news for Ford and GM
▼ + stars: | 2023-01-13 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Tesla has discounted its Model 3 and Model Y cars by up to 20% in a bid to goose sales. The starting price of a Model S also dropped nearly 10%, while the Model X is down 9%. Once a luxury item, Tesla's vehicles will now compete with EVs marketed to more average car buyers. Ford recently hiked the starting price on its F-150 Lightning electric truck to $56,000, up from the original starting price of $40,000. The electric car company has long resisted traditional auto industry discounts, and Musk has even criticized the practice in the past.

☆ Intel’s New Compliance Chief Navigates Geopolitics, Supply-Chain Shift
▼ + stars: | 2022-12-23 | by ( Dylan Tokar | ) www.wsj.com time to read: +6 min

Carol Tate is the chief compliance officer at Intel. “It’s an exciting time to lead a global team with a company that’s at the center of those things.”Ms. Tate spoke with Risk & Compliance Journal about the supply-chain shift, layoffs and other topics. WSJ: What role does compliance play when it comes to these massive geopolitical pressures around the chip industry? Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. We refer to it as CRIS [compliance risk intelligence system].

☆ Macau to allow home isolation for COVID infections
▼ + stars: | 2022-12-12 | by ( ) www.reuters.com time to read: +2 min

Health officials said that infected patients would be able to stay at home and self-monitor for five days. Macau, a Chinese special administrative region, has directly followed the mainland's coronavirus strategy since 2020, given its huge reliance on Chinese visitors to fuel its gambling-dependent economy. The former Portuguese colony, home to more than 600,000 people, has recorded just over 900 COVID cases since 2020 and six deaths. Macau Secretary for Social Affairs and Culture Elsie Ao said last week that up to 80% of the city's population would likely get COVID following a significant easing of pandemic isolation and testing rules. Officials have urged residents not to worry about contracting the virus since most cases involve mild or no symptoms.

☆ China's cities are running out of money to pay huge COVID lockdown bills, report says
▼ + stars: | 2022-12-02 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

China's zero-COVID strategy is having a big financial impact on local governments, CNN reported. China's strict strategy involves mass testing and locking down major cities. And local governments have had to pay for much of this, CNN reported. As a result, some local governments have delayed or suspended payments to coronavirus test providers and some are now asking residents to pay for their own coronavirus tests, CNN reported. The zero-COVID strategy has harmed China's economy more widely, by restricting movement and tourism and locking down cities of millions of people, which has also at times meant shutting down factories and manufacturing sites.

☆ On World AIDS Day, Biden administration releases new global strategy to end HIV/AIDS by 2030
▼ + stars: | 2022-12-01 | by ( Jamie Gumbrecht | ) edition.cnn.com time to read: +3 min

CNN —On World AIDS Day, the Biden administration renewed its focus on ending the HIV/AIDS epidemic by 2030, releasing a new five-year strategy for the United States’ global response. HIV remains a serious threat to global health security and economic development,” US Secretary of State Antony Blinken wrote in the new strategy. Globally, progress toward ending HIV and AIDS has been uneven. In the United States, there are wide disparities in access to treatment, and Black and Hispanic Americans are disproportionately affected by HIV. More than 1.1 million people in the United States had HIV at the end of 2019, according to the US Centers for Disease Control and Prevention.

☆ A 24-year-old stock trader who gained $280,000 in August and over $8 million in 2 years shares 6 key adjustments he made to continue being profitable in 2022's bear-market rallies
▼ + stars: | 2022-11-27 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

He had heard about trading stocks from a friend and began to take up an interest in it. Kellogg began to notice the stock market trending negatively in November and December. On September 7, Kellogg attempted to buy the dip on Globalstar, Inc. (GSAT) after the stock's price spiked to $3 intraday. Eventually, it was followed by a four-day bounce back before the stock market continued trending lower. He normally reviews headlines to see why a stock's price may be moving upwards.

But you have to go back centuries in some cases to get anything nearly as bad as 2022 for 'safer' sovereign bonds. "2023 will be the year of the bond," claimed Chris Iggo, chair of the AXA IM Investment Institute. "Road to recession - bullish bonds and quality credit," was how SocGen entitled their view. And while stock volatility makes forecasters nervy, there's a clear attraction for long-term funds in seeking both the fixed income as well as the lift to bond funds when sub-par price discounts disappear into maturity for most high-quality names. "Long high quality bonds in the U.S. and Europe seems like an obvious strategy for 2023," said hedge fund manager Stephen Jen at Eurizon SLJ Capital.

☆ How FTX's implosion put crypto news sites like CoinDesk, The Block, and Decrypt in the spotlight as they work to fend off an ad slump and conspiracy theories about their coverage
▼ + stars: | 2022-11-24 | by ( Reed Alexander | Steven Perlberg | ) www.businessinsider.com time to read: +15 min

Crypto news sites like CoinDesk, The Block, and Decrypt have dominated coverage of the FTX implosion. Now, crypto media staffers are wondering whether more dominoes falling from FTX could further hurt the industry or cripple their ad revenues. "We cover the good, the bad and the ugly," Dan Roberts, the editor-in-chief of Decrypt, told Insider. "In general, I think these things are good for crypto media," he said. Stacy-Marie Ishmael, the managing editor for Bloomberg's crypto team, likened burgeoning crypto coverage to 1990s coverage of the Internet.

☆ Surprise: Dollar Tree’s $1.25 price strategy is actually working
▼ + stars: | 2022-11-23 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

Other companies have also raised prices, so Dollar Tree has been shielded from major customer blowback. Sales at Dollar Tree stores increased 8.6% last quarter compared to a year ago, the company, which also owns Family Dollar, said Tuesday. “Our transition to the $1.25 price point has enabled our merchants to greatly enhance value,” Dollar Tree CEO Michael Witynski said on a call with analysts Tuesday. Dollar Tree has since brought back some of these items at $1.25 and expanded its offerings of meat, pizza, breakfasts and other consumable items. Dollar Tree is also adding more $3 and $5 items to stores, building on a previous strategy.

☆ The story of Sam Bankman-Fried's FTX implosion put crypto news sites like CoinDesk and The Block on the map. Inside their plan to fend off an ad slump and conspiracy theories — and keep winning.
▼ + stars: | 2022-11-21 | by ( Reed Alexander | Steven Perlberg | ) www.businessinsider.com time to read: +14 min

Now, crypto media staffers are wondering whether more dominoes falling from FTX could further hurt the industry or cripple their ad revenues. Crypto media kicks into overdriveRoberts said Decrypt's traffic doubled during the first week of the FTX saga. "In general, I think these things are good for crypto media," he said. Stacy-Marie Ishmael, the managing editor for Bloomberg's crypto team, likened burgeoning crypto coverage to 1990s coverage of the Internet. "It's now a situation where the crypto media has egg on their face.

☆ 30 House Democrats urged Biden to negotiate with Russia, a crack in support for the White House's Ukraine strategy
▼ + stars: | 2022-10-25 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

A group of liberal Democratic representatives wants Joe Biden to negotiate with Russia. They say they want to avoid a prolonged conflict between Ukraine and Russia. The US has provided Ukraine with $60 billion in aid, and says it's up to Kyiv when to negotiate. House Minority Leader Kevin McCarthy has said that GOP backing for Ukraine aid is not assured, remarking recently that there would be no "blank check" for Kyiv. The US has provided Ukraine with more than $60 billion in humanitarian and military aid since Russia launched its unprovoked invasion in February.

KYIV, Ukraine — Ukraine faced widespread power outages Thursday as the country’s energy system struggled to cope with the damage from a wave of Russian attacks. Ukraine’s energy minister, Herman Halushchenko, said Thursday the government was seeking a 20% reduction in energy use and that Ukrainians had responded to the appeal to ease pressure on the country’s grid. She also has a sleeping bag designed for below freezing temperatures, a thermal blanket and even skiing clothes in case temperatures continue dropping and the strikes on energy targets continue. Current restrictions are worth it.”For months, the Kremlin said it was only after military targets — not civilian or critical infrastructure in Ukraine. The British Defense Ministry also said in an assessment this week that causing widespread damage to Ukraine’s energy network is likely the “key objective” of the Kremlin’s strike campaign.

☆ Goldman's pivot away from money-losing Marcus shows that disrupting retail banking is hard
▼ + stars: | 2022-10-18 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

In this article AAPLWFCBACJPMGS Follow your favorite stocks CREATE FREE ACCOUNTDavid Solomon, Goldman Sachs, at Marcus eventGoldman Sachs CEO David Solomon is reining in his ambition to make the 153-year-old investment bank a major player in U.S. consumer banking. The moment is a humbling one for Solomon, who seized on the possibilities within the nascent consumer business after becoming CEO four years ago. Goldman started Marcus in 2016, named after one of the bank's cofounders, to help it diversify revenue away from the bank's core trading and advisory operations. "One could argue that there's been some execution challenges for Goldman in consumer; you've had multiple leadership changes," Bolu stated. "To be honest, when I speak with a lot of investors on Goldman Sachs, very few are excited about the consumer business," Hawken said.

☆ Saudi wealth fund's Savvy Games Group to invest $37.8 billion
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +2 min

Sept 29 (Reuters) - Saudi Arabia's Savvy Games Group, owned by sovereign wealth fund PIF, will invest 142 billion riyals ($37.8 billion) in initiatives aimed at making the kingdom a global hub for gaming, state news agency SPA said on Thursday. The investments will include 70 billion riyals to take several minority stakes in companies that support Savvy's game development agenda and 50 billion riyals to acquire "a leading game publisher to become a strategic development partner". Another 20 billion riyals will be invested in mature industry partners who bring expertise to Savvy's portfolio and 2 billion riyals will target industry disruptors "to grow early-stage games and esports companies." The company's strategy is to invest in the electronic games industry and esports over a long timeline, including local and international programmes and infrastructure. It aims to set up 250 games companies in Saudi Arabia, which will create 39,000 jobs, and raise the sector's contribution to Saudi GDP to 50 billion riyals by 2030, SPA added.

☆ A Yale professor's new book sheds light on a seemingly obvious way to negotiate
▼ + stars: | 2022-03-13 | by ( Jonathan A. Knee | ) www.businessinsider.com time to read: +6 min

Barry Nalebuff's lively and elegant new book, "Split the Pie: A Radical New Way to Negotiate," feels particularly timely. This makes the publication of Barry Nalebuff's lively and elegant new book, "Split the Pie: A Radical New Way to Negotiate," particularly timely. Despite the provocative subtitle, Nalebuff's approach is neither radical nor new. This is the real value of Nalebuff's approach. "Split the Pie" makes a similar point when it highlights that "reputational concerns reinforce the incentive to split the pie."

Dar acolo unde procrastinarea este văzută ca un lucru rău, se pare că nu există spațiu de idei inovatoare. Gândirea liberăExistă multe motive pentru care o perioadă de incubație ar putea duce la perspective noi și ingenioase. O perioadă de incubație ne permite să câștigăm o oarecare distanță psihologică față de sarcina noastră, iar acest lucru ne poate ajuta să revenim la problemă cu o nouă perspectivă. După câteva minute de brainstorming, a venit timpul pentru o perioadă de incubație. Li s-a cerut să memoreze pe o perioadă scurtă de timp niște cifre.

Persons: Wolfgang Amadeus Mozart, Cert, Mozart, francez Poincaré, Agatha Christie, Agatha, Benjamin Baird, Li, Adam Grant, Daniel Schwartz, David Robson, Georgeta Organizations: BBC, Stanford, Apple, Google, Warwick Business School, Universitatea din Locations: Republica Moldova, Marily, SUA, Universitatea din Oxford

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