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☆ Asian Americans favored Democratic candidates in midterms, exit polls say
▼ + stars: | 2022-11-10 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +6 min

She’s among the many Asian Americans and Pacific Islanders who showed up at the ballot box on Tuesday. Surveys show that Asian Americans favored Democrats during the midterm elections, according to election night exit polls. According to that poll, 64% of Asian Americans voted Democrat in House races, while 32% voted Republican. Roughly three-quarters of Asian American voters in Pennsylvania, for example, favored Democratic candidates for governor, Senate and House. Roughly two-thirds of Asian Americans also favored the Democratic candidate in the House and Senate races.

☆ For CIOs, it’s a critical time to deliver value on IT investments
▼ + stars: | 2022-11-10 | by ( Bob Violino | ) www.cnbc.com time to read: +2 min

The pressure on IT leaders to make the right decisions on technology investments is significant and is only going to intensify in the years to come. Chief information officers are expected to deliver digital dividends, and CEOs and boards--anticipating that investments in digital assets, channels, and digital business capabilities will accelerate growth--want to see these digital-driven improvements reflected in company financials. A report released last month by research firm Gartner underscored that CIOs and other IT leaders must figure out how to leverage top- and bottom-line growth from their many digital investments. An analysis of the survey data revealed four ways in which CIOs can deliver digital dividends and demonstrate the financial impact of technology investments. At Principal, she said the company has prioritized digital investments that will deliver the most value to customers and create growth opportunities and efficiencies.

☆ Gen Z's not lazy — they're just refusing to put up with the toxic work culture that Boomers created
▼ + stars: | 2022-11-03 | by ( Kim Kelly | ) www.businessinsider.com time to read: +12 min

"And I personally think that all of us in Gen Z, when we experienced that with our parents, we were like, 'Fuck that. And now, Gen Z is turning to organizing as a way to stand up to corporate bosses. But she and her Gen Z peers are not ready to accept that mode of thinking. Put simply, young workers want something better than their parents had and aren't afraid to seek it out. Because if there is one quality that Gen Z has in spades, it is audacity — and no mass movement has ever succeeded without it.

And the House Democrats’ campaign arm last week deployed hundreds of thousands of dollars to save its chairman in a Biden district north of New York City. “And I think that right there explains why this red wave is going to be so big.”The Democratic Congressional Campaign Committee, the campaign arm for House Democrats, said it isn't throwing in the towel. “Nearly a week from Election Day, House Democrats are well positioned to retain the majority despite a Republican gerrymandered map and MAGA Republicans’ dark money-fueled campaigns. Connecticut’s 5th District: Democrats have already spent $4.5 million to re-elect Hayes in a district that backed Biden 54.6% to Trump's 43.9% in the last election. Between now and Election Day, Democrats said they plan to spend an additional $1.5 million in ads to combat comparable spending by Republicans.

☆ The ridiculous rise of the chief purpose officer — corporate America's half-baked attempt to fix the employee burnout crisis
▼ + stars: | 2022-10-25 | by ( Tracy Moore | ) www.businessinsider.com time to read: +11 min

Every company on Great Place to Work's ranked list of best employers has a chief purpose officer or purpose among the company's missions and goals. Its chief purpose officer, Kwasi Mitchell, who stepped into the role in 2020, told me that establishing purpose was a powerful talent-retention tool. The same is true for chief purpose officers. And a chief purpose officer can be used as a crutch, a way for a business to say, "Of course, we care," when employees raise issues with the culture. Instead of fixing the burnout problem, these executives can allow management to turn a blind eye and assume all is well, letting workplace rot set in even deeper.

☆ Small research firm disagrees with Bank of America call, upgrades Apple and predicts 25% rally
▼ + stars: | 2022-09-29 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Rosenblatt Securities on Thursday upgraded shares of Apple to buy from neutral, directly disagreeing with a rare downgrade from Bank of America. Bank of America, in its downgrade, said it doesn't see Apple's stock continuing to outperform. In addition, Apple shares have jumped in the third quarter, rallying more than 9%. Some 40% of respondents said that the iPhone 14 Pro Max was their top choice to buy, while the less-costly iPhone 14 Pro came in second, with 26% picking the phone as their top choice. Production woes Crockett also noted a recent Bloomberg News report that said Apple was bailing on plans to boost new iPhone production.

☆ Millennials, Gen X, and boomer family members are cohabitating more than ever — and it's helping with their finances
▼ + stars: | 2022-04-07 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

The share of people in the US living in multigenerational households has gone up compared to decades prior. Money is the biggest reason to live in a multigenerational household, a Pew survey found. In the survey, 67% reported "financial issues" as either a major or minor reason they live in a multigenerational household. For many young adults, living with parents or grandparents can be a financial lifesaver. Twenty-nine percent of lower-income US adult respondents living in multigenerational households said this has helped them a lot with their own finances.

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