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☆ Is Trump Leaving an Opening in Iowa?
▼ + stars: | 2023-08-04 | by ( Nate Cohn | More About Nate Cohn | ) www.nytimes.com time to read: +3 min

But unlike the national poll, our Iowa poll has revealed a few cracks in Mr. Trump’s armor. debate on Aug. 23 in our national poll earlier this week. One is that it’s about survey administration: In an online survey, you see a long list of candidates, read them over, and then you choose one. The Democratic primary, however, is a case where more sophisticated modeling of the primary electorate might make a huge difference. My guess: if we had done an elaborate Democratic primary poll — and we did not, in the absence of a competitive race — Mr. Biden’s lead would have grown.

Persons: DeSantis, Trump, Will Hurd, Hurd, Vivek Ramaswamy, Ramaswamy, YouGov, Biden, Robert F, Kennedy Jr, Democratic leaners, Biden’s Organizations: Republican, Republicans, Democratic Locations: Iowa, Texas, Siena

In the past, he would have swiftly chopped 10% of the workers that run his bag-making machines, or about 15 people. Faced with the tightest job market in decades, many have become less trigger-happy with layoffs, even in the face of a cooling economy. But, so far, the economy has continued to grow, albeit more slowly, and the job market has powered onward. Reuters Graphics'HOLD ONTO YOUR LABOR FORCE'At least one major company has adopted a formal strategy of hoarding workers. "I don't think it's the case that many businesses are holding onto workers who are idle," she said.

Persons: Kevin Kelly, Nathan Frandino, Kelly, Alan H, Shaw, they're, Dana Peterson, Peterson, Arnold Kamler, Julia Pollak, Thomas Simons, We're, Timothy Aeppel, Dan Burns, Paul Simao Organizations: Emerald Packaging, REUTERS, Packaging, Employers, Federal Reserve, Labor, Reuters Graphics, Norfolk, Reuters, U.S, Survey, Labor Department, Conference Board, Business Council, Kent International, Jefferies, Thomson Locations: California, Union City , California, U.S, San Francisco, Norfolk Southern, downturns, Atlanta, New York, South Carolina, rehire, Los Angeles

☆ What to expect from the jobs report: Steady, but cooler growth
▼ + stars: | 2023-08-04 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

But markets and economists are expecting another solid jobs report Friday morning. And while economic data isn’t typically the sexiest of topics, the government’s jobs report has in recent months delivered plenty of excitement and its fair share of surprises. Last July, for example, the US economy added 568,000 jobs — more than double the 250,000 that economists had expected. Come Friday, the government’s jobs report for this July might not end up being quite so shocking. In fact, it could be relatively humdrum: A slight cooling in job growth, and unemployment holding steady.

Persons: Minneapolis CNN — Fitch, ”, Daniel Zhao, Refinitiv, Chris Rupkey, That’s, Michael Gapen, Janet Yellen, Glassdoor’s Zhao, ” Zhao, there’s, ” Andy Challenger, Challenger, ” Gus Faucher, they’re, Becky Frankiewicz, “ Organizations: Minneapolis CNN, Glassdoor, Bank of America, ” Bank of America, Business, Conference Board, Fitch, Challenger, “ Companies, Labor Department, “, PNC Financial Services Group, CNN, Labor Statistics, BLS, “ Employers, ManpowerGroup Locations: Minneapolis, United States

☆ US labor market resilient; productivity rebounds in second quarter
▼ + stars: | 2023-08-03 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

Other data from the Labor Department on Thursday showed a marked slowdown in labor costs in the second quarter, thanks to a sharp rebound in worker productivity. That added to reports last month showing a significant moderation in annual inflation in June as well as wage growth in the second quarter. Reuters GraphicsWorkers were more productive in the second quarter, which helped to curb growth in labor costs. Nonfarm productivity, which measures hourly output per worker, increased at a 3.7% annualized rate in the second quarter after declining at a 1.2% pace in the January-March quarter, the Labor Department said in a third report. Unit labor costs - the price of labor per single unit of output - rose at a 1.6% rate in the second quarter.

Persons: Andrew Kelly, Bill Adams, Nonfarm payrolls, Sarah House, Lucia Mutikani, Safiyah Riddle, Paul Simao, Andrea Ricci Organizations: REUTERS, WASHINGTON, Federal Reserve, Labor Department, Comerica Bank, Labor, The Institute for Supply Management, Treasury, Reuters, Reuters Graphics Workers, Thomson Locations: Manhattan , New York City, U.S, Dallas, California, Ohio, Texas, Georgia, Missouri, Wells, Charlotte , North Carolina

☆ What to expect from the July jobs report: Steady, but cooler growth
▼ + stars: | 2023-08-03 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

Minneapolis CNN —Despite Tuesday’s credit rating downgrade amid concerns about the challenges facing the United States, markets and economists are expecting another solid jobs report on Friday. And while economic data isn’t typically the sexiest of topics, the monthly jobs report has in recent months delivered plenty of excitement and its fair share of surprises. Come Friday, the government’s jobs report for this July might not end up being quite so shocking. In fact, it could be relatively humdrum: A slight cooling in job growth, and unemployment holding steady. The broader economic scorecard for the United States makes the downgrade all the more “bizarre” and puzzling, noted top economists, including Treasury Secretary Janet Yellen.

Persons: ”, Daniel Zhao, Refinitiv, Chris Rupkey, That’s, Michael Gapen, Janet Yellen, Glassdoor’s Zhao, ” Zhao, there’s, ” Andy Challenger, Challenger, Gus Faucher, they’re, Becky Frankiewicz, “ Organizations: Minneapolis CNN, Glassdoor, Bank of America, ” Bank of America, Fitch, Challenger, “ Companies, PNC Financial Services Group, CNN, Labor Statistics, BLS, “ Employers, ManpowerGroup Locations: Minneapolis, United States

☆ UK lender Virgin Money sticks to annual outlook despite mortgage pressures
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +1 min

Signage on display outside of a Virgin Money store in central London, Britain, July 27, 2021. REUTERS/Henry Nicholls/File PhotoAug 2 (Reuters) - British challenger bank Virgin Money UK (VMUK.L) on Wednesday maintained its full-year outlook and reported stable net interest margin (NIM) in the third quarter despite pressure from its mortgages business. Virgin Money has been restructuring itself as it grapples with a drop in footfall and transaction volumes. Virgin Money said higher interest rates were offset by spread pressure in mortgages and continued deposit migration. The London-listed lender also announced its plans to buyback shares worth 175 million pounds ($159.58 million) in fiscal year 2023 and more in 2024.

Persons: Henry Nicholls, Yadarisa, Rashmi Organizations: Virgin, REUTERS, British, Virgin Money, Thomson Locations: London, Britain, Bengaluru

☆ AMD shares fall as analysts worry AI chip targets may be ambitious
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +2 min

The logo of semiconductor company Advanced Micro Devices Inc (AMD) is seen on a graphics processing unit (GPU) chip in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/IllustrationAug 2 (Reuters) - Advanced Micro Devices's (AMD.O) shares fell about 6% on Wednesday as analysts raised concerns that the chip designer's targets for an artificial intelligence (AI) ramp-up may be too ambitious. "Unless numbers get really material, soon, we fear estimates remain too high and the stock (AMD) looks a little stretched to us," Bernstein analysts wrote in a note. Summit Insights Group analyst Kinngai Chan said investors were giving AMD a pass hoping for a bigger AI payday. "The Bulls want AMD to be the next concept stock... the Bears say show me the results and make me believe the AI hype."

Persons: Florence Lo, Fitch, Bernstein, Kinngai Chan, Akash Sriram, Chavi Mehta, Devika Organizations: Devices Inc, REUTERS, Philadelphia, Semiconductor, Nvidia, AMD, Refinitiv, Bulls, Bears, Thomson Locations: Philadelphia, Bengaluru

☆ Trump Crushing DeSantis and G.O.P. Rivals, Times/Siena Poll Finds
▼ + stars: | 2023-07-31 | by ( Shane Goldmacher | More About Shane Goldmacher | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump is dominating his rivals for the Republican presidential nomination, leading his nearest challenger, Gov. Ron DeSantis of Florida, by a landslide 37 percentage points nationally among the likely Republican primary electorate, according to the first New York Times/Siena College poll of the 2024 campaign. The poll shows that some of Mr. DeSantis’s central campaign arguments — that he is more electable than Mr. Trump, and that he would govern more effectively — have so far failed to break through. Even Republicans motivated by the type of issues that have fueled Mr. DeSantis’s rise, such as fighting “radical woke ideology,” favored the former president. Overall, Mr. Trump led Mr. DeSantis 54 percent to 17 percent.

Persons: Donald J, Trump, Ron DeSantis, DeSantis’s, ” Organizations: Republican, Gov, New York Times, Siena College Locations: Florida

☆ Donald Trump Is Polling Far Ahead of His G.O.P. Rivals
▼ + stars: | 2023-07-31 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

A dozen Republicans are campaigning to secure their party’s nomination in next year’s presidential election. But the race between them is not remotely close, according to a New York Times/Siena College poll that was released today. Donald Trump leads his next closest challenger, Ron DeSantis, by 37 percentage points. And no leading presidential candidate has ever faced the kind of federal and state charges that Trump currently does. Trump’s lead is thanks in large part to what Nate calls his MAGA base, which represents roughly 37 percent of the Republican electorate and is exceptionally loyal to Trump.

Persons: Donald Trump, Ron DeSantis, —, Trump, Nate Cohn, Nate, MAGA Organizations: New York Times, Siena College, Republican, Trump

☆ Ukrainian troops finish training on 'formidable' AS90 self-propelled artillery that can wipe out Russian targets from 18 miles away, UK says
▼ + stars: | 2023-07-31 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Earlier this year, the British government promised to send Ukraine AS90 self-propelled howitzers. An AS90 self-propelled howitzer has an effective range of around 30 kilometers (18.6 miles). After completing their seven-week training course, Ukrainian artillery recruits will be sent back home, according to the MoD's update and Forces News. "The program is part of the UK's enduring commitment to support Ukraine in its fight against Russia," the MoD added. In May, British Prime Minister Rishi Sunak told Ukrainian President Volodymyr Zelenskyy that Britain's support for his country will "never waver."

Persons: 000 U Organizations: Ukraine, Ministry of Defence, Service, British Ministry of Defence, Forces, Russia, MoD, — Ministry of Defence Locations: Wall, Silicon, Ukraine

☆ A Florida Republican running for Congress says DeSantis may have tanked his own political career in the state by running against Trump
▼ + stars: | 2023-07-30 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Republican Alan Pincus told WaPo that DeSantis may have tanked his political future in Florida over his 2024 bid. DeSantis once led Trump in earlier Florida surveys of the Republican presidential primary. But Trump has continued to dominate the GOP race and DeSantis has had to reboot his campaign. DeSantis once led in early Florida polling among the GOP presidential contenders. But even in the Sunshine State, he's fallen behind Trump — in a head-to-head contest, the latest Florida Atlantic University/Mainstreet Research survey had Trump leading DeSantis 54%-37%.

Persons: Alan Pincus, WaPo, DeSantis, Trump, Ron DeSantis, Donald Trump, Sen, Tim Scott of, Charlie Crist, Republican Alan Pincus —, —, Pincus, he's, Vivek Ramaswamy Organizations: Trump, Republican, GOP, Service, Democratic Rep, Republicans, Washington Post, Sunshine State, Florida Atlantic University, Mainstreet Locations: Florida, Wall, Silicon, Tim Scott of South Carolina

☆ The 5 deadliest Western-provided weapons Ukraine is using to fight Russia
▼ + stars: | 2023-07-29 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +9 min

The West has been sending Ukraine weapons and armed vehicles since the start of the war. Now, as Ukraine is in the midst of its counteroffensive to regain crucial territory from Russia, many of these weapons are proving useful. Insider spoke to three military experts about which of the Western-provided weapons have been the most effective for Ukraine in the war. Only time will tell how useful the weapons really areIt is still unclear how Ukraine's counteroffensive will unfold, and how long the Western weapons will hold until Ukraine will need more. A top Ukrainian general told the BBC on Thursday that because Russia has littered the frontlines in south Ukraine with multi-layered minefields, Western tanks are proving ineffective.

Persons: Serhii, Ben, that's, Zelenskyy, Fabrizio Bensch, Oleksii Reznikov, Huseyn Aliyev, Javelin, of, Cave, Lewis Joly, Marina Miron, Bradley, Hanna Maliar, Aliyev, Alivey, Alivey said.It, Oleksandr Tarnavskyi, Tarnavskyi Organizations: Shadow, Service, Leopard, US, Patriot, Challenger, Ukraine, High, Artillery, Getty, High Mobility Artillery Rocket Systems, RAND Corporation, Patriot Missile Systems, Army MIM, Defense, Research Center, East European Studies, Patriots, Ukrainian Defense Ministry Press Service, Javelin, AP, Military Times, Kyiv, Paris Air, Department of, King's College London, Soviet, Bradley Infantry Fighting, Bradley, BBC Locations: Ukraine, Wall, Silicon, Germany, Russia, Donetsk Oblast, Ben Caves, Russian, Kherson, Rzeszow, Jasionka, Poland, Moscow, of Ukraine, Le Bourget, Paris, France, Ukrainian, Europe

☆ Trump says he'll stay in the presidential race even if he's awaiting prison
▼ + stars: | 2023-07-28 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Trump repeated his vow that even a conviction would not stop his presidential campaign. "Not at all," Trump told conservative radio host John Fredericks when asked if a conviction and sentence would end his campaign. The former president is correct there is nothing that would stop a presidential candidate from campaigning if one were to be convicted. Trump faces a growing array of legal issues, underlining how his presidential campaign has increasingly become a fight for his own survival. "It's always unpleasant when you have to go and tell your wife, tomorrow sometime I'm going to be indicted," Trump said.

Persons: Trump, Donald Trump, John Fredericks, Eugene V . Debs, Lyndon LaRouche, Jack Smith, pardoning, Ron DeSantis, Melania Trump, Barron Organizations: Service, Capitol, Trump, GOP, Florida Gov, Republican, New York Times Locations: Wall, Silicon

☆ Chuck Schumer and Mitch McConnell agree on one thing: GOP Rep. Derrick Van Orden yelling at a group of Senate pages was 'despicable'
▼ + stars: | 2023-07-28 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

GOP Rep. Derrick Van Orden cursed at and berated a group of teenage Senate pages for lying down in the Capitol Rotunda on Wednesday. Both Senate Minority Leader and the Senate Majority Leader admonished Van Orden for his conduct. You are defiling the space you [pieces of shit]," Van Orden reportedly told the pages late Wednesday evening, according to The Hill. It doesn't appear that Van Orden checked with his colleagues before making such a statement. After hearing about Van Orden's actions toward the Senate pages, Schumer tore into the congressman.

Persons: Derrick Van Orden, Van Orden, Chuck Schumer, Mitch McConnell, Van, Schumer, bipartisanship, McConnell, Van Orden's, DVO, MAGA, Rebecca Cooke Organizations: Service, Republican, Punchbowl News, The, Milwaukee Journal Sentinel, Wall Street, Capitol, Democratic Locations: Wall, Silicon

☆ Disney loses bid to dismiss or pause DeSantis board's state case
▼ + stars: | 2023-07-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

A judge on Friday denied Disney 's bid to dismiss or pause a state court lawsuit related to its bitter feud with Florida Gov. Soon after, DeSantis and his allies in the state's GOP-led Legislature moved to dissolve Disney World's special district. The board voted in April to void those deals, and Disney sued in federal court, accusing DeSantis of orchestrating a "relentless campaign to weaponize government power." The CFTOD board countersued days later in state court. In May, Disney asked the court to dismiss that case, arguing in part that it was moot after DeSantis signed additional legislation that voided the company's development contracts.

Persons: Ron DeSantis, DeSantis, Disney's, Disney, Margaret Schreiber, Donald Trump's Organizations: Disney, Florida Gov, GOP, Improvement, Central Locations: Orlando, Disney's Orlando, Florida, Central Florida

☆ Ron DeSantis is trailing Trump in the polls because he hasn’t ‘hit him hard enough’ and isn’t a ‘memorable personality,’ political experts say
▼ + stars: | 2023-07-27 | by ( Lloyd Lee | Hannah Getahun | ) www.businessinsider.com time to read: +6 min

Ron DeSantis hoped that Donald Trump's legal woes would hurt his opponent, per The New York Times. A USC political science professor told Insider that DeSantis hasn't hit Trump "hard enough." With eight months until the primaries, the public's opinion can still change — and so can Trump's legal standing. As for Trump's top challenger for the GOP nomination, Grose said DeSantis hasn't quite "hit him hard enough." Regardless, it appears like the DeSantis campaign is working hard on its reboot.

Persons: Ron DeSantis, Donald Trump's, Trump, Jack Smith, Christian Grose, Grose, DeSantis, Biden, Justice Department's, kowtowing, Anthony Fauci, Cal Jillson, Jillson, —, Ronald Reagan, Bill Clinton, Donald Trump, He's Organizations: New York Times, Trump, USC, Service, GOP, Truth, University of Southern, Republican, Biden Administration, Department of Justice, Justice, CNN, Southern Methodist University, Politico Locations: Florida, Wall, Silicon, Trump, University of Southern California, DeSantis, Iowa, New Hampshire

SYDNEY, July 28 (Reuters) - Foreign bank lending to Australian office real estate hit a record high in the first quarter as overseas lenders continued to stump up cash for a struggling corner of the property market out of favour with local banks. The data does not identify individual banks, however a separate dataset covering overall corporate lending showed European, Japanese, Singaporean and Chinese banks had led the increase in foreign lending since 2019. Loans from Australia's biggest banks fell A$2.3 billion to A$83 billion over the same period, similar to levels in late 2021, the data showed. So, as Australian lenders have retreated to the relative safety of retail mortgages, foreign banks have stepped up. Sydney was the worst-performing major Asian office market in the first quarter, according to research from global property services firm Jones Lang LaSalle.

Persons: Jonathan Kearns, Kearns, Jones Lang LaSalle, Lewis Jackson, Stephen Coates Organizations: SYDNEY, prudential, Australia's, Challenger, Reserve Bank of Australia, Reuters, Sydney, Investment, Thomson Locations: Australia, Asia, Europe

☆ 3 trends that will redefine sports media as the industry reckons with layoffs, AI, and more
▼ + stars: | 2023-07-25 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +8 min

More news jobs have already been cut this year than in all of 2022 and 2021, per a firm that tracks layoffs. Industry experts explain the three media trends that could replace traditional sports journalism. Wiacek said that the 18- to 30-year-old demographic is key for traditional media organizations, yet the hardest to reach. "The more traditional media outlets are trying to find ways of attracting that audience," Wiacek said. Hanlon said team communications are essential for growing leagues like the NWSL that can't wait around for classic media coverage to pour in, especially in local markets.

Persons: Andy Challenger, It's, Challenger's, Challenger, Conrad Wiacek, Wiacek, Pat McAfee, CJ McCollum, McAfee, famer David Ortiz, JJ Redick, isn't, Tim Hanlon, Hanlon, They're Organizations: ESPN, New York Times, Sports Illustrated, Warner Bros, The Athletic, NFL Media, Times, Los Angeles Times, Industry, Sports, YouTube, Indianapolis Colts, NBA, famer, Leagues, MLS, LA Times, Associated Press, Minor League Baseball Locations: FanDuel, pickleball

☆ DeSantis is unhurt in a car accident in Tennessee while traveling to presidential campaign events
▼ + stars: | 2023-07-25 | by ( ) www.cnbc.com time to read: +4 min

The Republican White House hopeful was not hurt, police and DeSantis campaign spokesperson Bryan Griffin said. A female DeSantis staff member suffered a minor injury and was later treated at the campaign event, police said. Representatives for DeSantis' campaign did not answer questions about who was driving the governor or reveal details about the accident. It's clear it needs to," said Republican strategist Terry Sullivan, who managed Marco Rubio's 2016 presidential campaign. DeSantis' team has quietly expressed confidence for months that voters would eventually tire of Trump's escalating legal troubles and personal baggage.

Persons: Ron DeSantis, Bryan Griffin, DeSantis, Andrew Romeo, Donald Trump, Terry Sullivan, Marco Rubio's, they're Organizations: Florida Gov, Republican White House, Florida, Florida Department of Law, GOP, Chattanooga Times Free Press, Republican, Hamptons, Trump Locations: Florida, Rio Grande, Eagle Pass , Texas, Tennessee, Chattanooga, Nashville ., Knoxville, Franklin, Utah, New York, U.S, Nashville

☆ Ron DeSantis involved in car accident but is uninjured, spokesperson says
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: 1 min

July 25 (Reuters) - Florida Governor Ron DeSantis, who is running for the 2024 Republican presidential nomination, was involved in a car accident in Tennessee on Tuesday but is uninjured, his spokesperson said. "This morning, the governor was in a car accident while traveling to an event in Chattanooga, Tennessee," the spokesperson, Bryan Griffin, said in a statement. "He and his team are uninjured." DeSantis, 44, is considered former President Donald Trump's main challenger in the 2024 Republican contest. Reporting by Doina Chiacu and Rami Ayyub; Editing by Doina ChiacuOur Standards: The Thomson Reuters Trust Principles.

Persons: Ron DeSantis, Bryan Griffin, Donald Trump's, Doina Chiacu, Rami Ayyub, Doina Organizations: Republican, Thomson Locations: Florida, Tennessee, Chattanooga , Tennessee

☆ GOP Senate candidate who once said it was 'irresponsible' for Republicans to make stolen election claims just endorsed Trump's 2024 campaign
▼ + stars: | 2023-07-24 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

At the time, he defended the integrity of the vote and called baseless stolen claims "irresponsible." But now he's running for Senate, and in a possible bid for Trump's support, he's endorsing his 2024 bid. But that was when LaRose was tasked with overseeing the state's election. He also said it was "irresponsible" to make baseless claims of a stolen election, even referencing Stacey Abrams' refusal to concede her loss in the 2018 gubernatorial election in Georgia. "I think it was irresponsible when members of the Democratic Party claimed the Georgia election was stolen and didn't have evidence, and I think it's irresponsible when Republicans say an election was stolen and don't have evidence.

Persons: Frank LaRose, Donald Trump's, LaRose, …, Stacey Abrams, We've, Democratic Sen, Sherrod Brown, who's, Bernie Moreno, Sen, JD Vance, Matt Dolan Organizations: Republican, Senate, Service, Trump, Capitol, Democratic Party, Democratic, POLITICO, GOP Locations: Wall, Silicon, Ohio, Georgia

☆ The world's top alien hunters explain why a Harvard physicist's discovery of 'alien' tech is likely a false alarm
▼ + stars: | 2023-07-22 | by ( Adam Barnes | ) www.businessinsider.com time to read: +6 min

Harvard physicist Avi Loeb announced the discovery of tiny "spherules" at the bottom of the Pacific. But three of the world's top experts on the search for aliens are skeptical the tech is from aliens. The fragments "could be a spacecraft from another civilization, or some technological gadget," Loeb told CBS News. This will constitute independent evidence for the interstellar origin of IM1 in addition to its measured speed," Loeb wrote. Loeb told Insider that, when ready, the team will publish their findings in a scientific paper that will be "shared openly and submitted for a peer-reviewed journal."

Persons: Avi Loeb, Loeb, Dan Werthimer, IM1, aren't, Douglas Vakoch, Vakoch, Monica Grady, Werthimier Organizations: Service, CBS, SETI Research, University of California, Messaging Extraterrestrial Intelligence, SETI, Center, Object, Sun, Space Command, NASA, DOD, The Open University, HMS Locations: Wall, Silicon, Berkeley, Papua New Guinea

☆ Why Hollywood actors and writers are on strike and how the WGA and SAG-AFTRA walkouts are changing the entertainment industry
▼ + stars: | 2023-07-21 | by ( Reed Alexander | ) www.businessinsider.com time to read: +11 min

The Hollywood writers' strike got a boost when actors joined the picket lines in July. Together, the SAG-AFTRA and WGA strikes have upended development and promotion of new content. Read more about the issues and demands driving the WGA and SAG-AFTRA strikes:When will the SAG-AFTRA and WGA strikes end? Some are predicting that the writers' strike appears to be on course to outlast the previous the 100-day WGA strike of 2007-8, which cost the California economy roughly $2 billion. Read more about how Hollywood companies prepared for the strikes:Getting a job in Hollywood right now: Is anyone still hiring?

Persons: AFTRA, Oppenheimer, Abbott, Fran Drescher, it's, Read, Adam Conover, Ted Sarandos, David Zaslav, picketers, showdowns, Hollywood's, Reed Alexander, Lucia Moses Organizations: Hollywood, SAG, WGA, Writers Guild of America, Alliance, Television Producers, Netflix, Warner Bros, Discovery, Employees, Wall, Big Tech Locations: Los Angeles and New York City, California, Hollywood

☆ The Grim Reaper is coming for the sports desk. Here's what industry experts say could take its place.
▼ + stars: | 2023-07-20 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +7 min

Industry experts explain the three media trends that could replace traditional sports journalism. But Challenger and other experts say the demand for sports content isn't going anywhere: it's just going to look, and sound, a little different. Wiacek said that the 18- to 30-year-old demographic is key for traditional media organizations, yet the hardest to reach. "The more traditional media outlets are trying to find ways of attracting that audience," Wiacek said. Hanlon said team communications are essential for growing leagues like the NWSL that can't wait around for classic media coverage to pour in, especially in local markets.

☆ I lost my job to ChatGPT and was made obsolete. I was out of work for 3 months before taking a new job passing out samples at grocery stores.
▼ + stars: | 2023-07-19 | by ( Emily Hanley | ) www.businessinsider.com time to read: +6 min

Emily Hanley is a freelance copywriter, writer, and comedian. She started losing work when clients decided to use ChatGPT instead of hiring a copywriter. For the past several years, I worked as a full-time freelance copywriter i.e. Challenger, Gray & Christmas reported data that showed Artificial Intelligence led to nearly 4,000 job losses in May of 2023. Emily Hanley is a freelance copywriter and comedian.

Persons: Emily Hanley, Hanley, I'm, I've, we've, I'd Organizations: Brand, Artificial Intelligence Locations: Capri, Hawaii

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