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☆ Nesta's VC arm just launched a $60 million fund to back social and climate impact startups. We got an exclusive look at the 13-slide pitch deck it used to sway its board.
▼ + stars: | 2022-11-30 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

The VC arm of the UK's social innovation agency Nesta just launched a £50 million ($60 million) fund. We got an exclusive look at the 13-slide pitch deck used to convince Nesta's board to launch the fund. While UK-focused, Nesta Impact Investments can invest in any geography as long as the company could have a positive impact on the UK market. In this portfolio, Nesta Impact Investments is running at 71% from minoritized or disadvantaged groups, according to Barclay. We got an exclusive look at the 13-slide pitch deck Nesta Impact Investments used to sell Nesta's board on the new fund.

☆ Ambulance workers to strike, further disrupting health service in Britain
▼ + stars: | 2022-11-30 | by ( Farouq Suleiman | Ajose Koilparambil | ) www.reuters.com time to read: +2 min

[1/2] An NHS logo is displayed outside a hospital in London, Britain May 14, 2017. Britain's state-run National Health Service (NHS) is braced for a wave of unprecedented industrial action this winter, with up to 100,000 nurses due to take strike action on Dec. 15 and 20 for the first time in their union's 100-year history. "No one in the NHS takes strike action lightly, today shows just how desperate they are," GMB National Secretary Rachel Harrison said. The union said it would meet in the coming days to discuss potential strike dates before Christmas. Thousands of health workers, including call handlers and paramedics, represented by the Unison trade union are also set to take industrial action after voting in favour of strikes.

☆ British nurses to stage first strikes on Dec. 15, 20
▼ + stars: | 2022-11-25 | by ( ) www.reuters.com time to read: +2 min

Jacob King/Pool via REUTERS/File PhotoLONDON, Nov 25 (Reuters) - Thousands of British nurses will go on strike on Dec. 15 and 20 for more pay, their union said on Friday, adding to a winter of industrial action and putting further pressure on the state-run health system. The strikes are the first of possibly several walkouts by National Health Service (NHS) nurses, which come after the government refused to meet demands for pay rises of 5% above inflation. He said the NHS had plans in place to minimise any disruption from the strikes and ensure continuity for emergency services. "Why on Earth is the Health Secretary refusing to negotiate with nurses?" "Patients already can’t get treated on time, strike action is the last thing they need, yet the Government is letting this happen."

☆ UK minister does not recognise report government wants Swiss-style ties with EU
▼ + stars: | 2022-11-20 | by ( ) www.reuters.com time to read: +1 min

LONDON, Nov 20 (Reuters) - British health minister Steve Barclay said on Sunday he does not recognise a report that the government wants to move towards a Swiss-style relationship with the European Union. Switzerland has negotiated access to the European single market, but in return has to accept conditions including allowing freedom movement of workers from EU countries and payments into the bloc's budget. Simon Clarke, a former minister, was among those to criticise any suggestion that Britain could pursue a Swiss-style deal. Britain is currently locked in talks with the EU over the Northern Ireland protocol, the part of the Brexit deal that mandated checks on some goods moving to Northern Ireland from the rest of the United Kingdom due to the province's open land border with EU member Ireland. Reporting by Andrew MacAskill; Editing by Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

☆ 'Start adding zeroes': Big money expected to pour into Georgia midterm runoff
▼ + stars: | 2022-11-11 | by ( Nathan Layne | ) www.reuters.com time to read: +5 min

"Just start adding zeroes and stop when you feel like it," said Chuck Clay, a former state Republican chair and former state senator. If the parties split those seats, the runoff in Georgia will determine control of the upper chamber. For a midterm, that ranks second to the $372 million spent on this year's Senate race in Pennsylvania. The most expensive race ever was the $515 million contest between Georgia Republican Senator David Perdue and Democrat Jon Ossoff, which Ossoff won in a runoff in January 2021. Some Republican voters said they hoped popular Republican Governor Brian Kemp, who had somewhat distanced himself from Walker during the general election, would provide support.

LONDON, Nov 9 (Reuters) - Tens of thousands of British nurses will go on strike for the first time over demands for better pay, their trade union said on Wednesday, adding to pressure on Prime Minister Rishi Sunak during an economic crisis. "Anger has become action – our members are saying enough is enough," RCN General Secretary Pat Cullen said in a statement. "This action will be as much for patients as it is for nurses. NHS nurses have seen their salaries cut by up to 20% in real terms over the last ten years, the RCN has said. Sunak's spokesperson told reporters earlier on Wednesday the government wanted to strike a balance between the "crucial role" played by nurses and its fiscal challenges.

☆ Wimbledon win was huge confidence boost in tough year: Djokovic
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +1 min

Oct 31 (Reuters) - Novak Djokovic said his Wimbledon triumph gave him a much-needed boost of confidence during a tough season and that it laid the platform for a strong finish to the year. Djokovic was deported from Australia in the lead-up to the year's first Grand Slam in January for not being vaccinated against COVID-19. "I was finding my way to that desired level and that happened towards the end of the clay season. When I need that huge confidence boost and big title, Wimbledon is always there." Djokovic has won the Paris title six times, including in his last two appearances in 2019 and 2021, and said coming back always brings him good memories.

☆ Florida medical board votes to ban gender-affirming care for transgender minors
▼ + stars: | 2022-10-29 | by ( Jo Yurcaba | Jo Yurcaba Is A Reporter For Nbc Out. | ) www.nbcnews.com time to read: +8 min

Florida’s medical board is the first in the country to pursue such a rule, but Florida is among a wave of states where officials have attempted to restrict gender-affirming medical care for transgender minors. The effort to restrict such care began in April, when DeSantis and Florida Surgeon General Joseph Ladapo issued nonbinding guidance through the Florida Health Department that sought to bar both “social gender transition” and gender-affirming medical care for minors. Accredited medical groups — including the American Medical Association, the American Academy of Pediatrics and the American Psychological Association — have supported gender-affirming care for transgender youths. The first nine attendees who spoke were in favor of restricting gender-affirming care for minors. Only one of the eight had received gender-affirming medical care as a minor.

☆ Here are Thursday's biggest analyst calls: Apple, Boeing, AMC, Meta, Amazon, Tesla, Ferrari & more
▼ + stars: | 2022-10-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Thursday's biggest calls on Wall Street: Barclays reiterates Apple as equal weight Barclays said it sees "upside to consensus" heading into Apple earnings on Thursday. Morgan Stanley downgrades Meta to equal weight from overweight Morgan Stanley said in its downgrade of Meta after its earnings report on Wednesday that it sees "execution uncertainty and lower free cash flow." Goldman Sachs reiterates Boeing as buy Goldman said it sees "a lot upside" in shares of Boeing. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said in a note to clients on Thursday that it think internal combustible engines will be around longer than investors think. Bank of America reiterates Ford as buy Bank of America said it likes the automaker's execution after its third-quarter earnings report on Wednesday. "

☆ Here's the outlook for corporate financial results as the worsening global economy is poised to lift the US dollar higher
▼ + stars: | 2022-10-12 | by ( Jason Ma | ) www.businessinsider.com time to read: +6 min

Good morning, this is Jason Ma and today's edition highlights the outlook for corporate financial results as the US dollar rises. Here's what a strong dollar means for stocks as earnings season heats up. If the reading tops 8.3%, then expect the stock market to sell off by 5%, the bank's trading desk said. But readings below 8.1% could spark some big gains for the stock market. How has the strong dollar affected your portfolio?

☆ As the 3rd-quarter reporting season begins, markets are bracing for signs of a recession that could send stocks into a deeper bear market
▼ + stars: | 2022-10-11 | by ( Jason Ma | ) www.businessinsider.com time to read: +6 min

The Fed's aggressive tightening is setting off more warnings about a recession and fallout for the stock market. Ahead of JPMorgan's quarterly report, CEO Jamie Dimon said the economy is on the verge of a recession, and the stock market could fall another 20%. But most importantly, it's Russia's war against Ukraine that is most unsettling to markets and poses a great risk. Meanwhile, billionaire hedge fund manager Paul Tudor Jones said a "recession playbook" could see stocks fall 10% further. PayPal stock fell after a botched roll-out of an acceptable use policy update that included big fines for the promotion of misinformation.

☆ The lead portfolio manager of a $36 billion fund shares the investing process that's helped him outperform 94% of competitors in the past 15 years
▼ + stars: | 2022-10-10 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

The Columbia Dividend Income Fund has topped 94% of competing funds in the past 15 years. Focus on dividend stocks with two specific qualities instead of prioritizing high yields, he said. Mike Barclay is a lead portfolio manager of the $36 billion Columbia Dividend Income Fund (GSFTX), a fund that has beaten 94% of peers in the past 15 years, according to Morningstar. How to profit from dividend investingThe philosophy behind Columbia Threadneedle Investments' high-performing dividend fund has been in place since 2004, Barclay said. Columbia Threadneedle InvestmentsBesides free cash flow, Barclay said he prioritizes firms with robust balance sheets as a way to manage risk.

☆ Young Black activists are done waiting their turn for political office. They're taking on the 'John Lewis generation' of elder lawmakers who they say are out of touch.
▼ + stars: | 2022-09-29 | by ( Elvina Nawaguna | ) www.businessinsider.com time to read: +30 min

Most members of the Congressional Black Caucus are twice as old as the median Black person living in the US. The Congressional Black Caucus, a powerful voice for Black Americans, is significantly older than those it speaks for. Clay had replaced his father, William Lacy Clay Sr., a civil-rights icon and founding Congressional Black Caucus member who had represented the area since 1969. Tom Williams/CQ-Roll Call, Inc via Getty ImagesThe Congressional Black Caucus is reckoning with a leftward shift it's struggled to embrace. A spokesperson for the Congressional Black Caucus did not respond to Insider's request for comment.

☆ Science has figured out why Silicon Valley keeps forking over millions to charismatic screw-ups like WeWork founder Adam Neumann
▼ + stars: | 2022-09-07 | by ( Adam Rogers | ) www.businessinsider.com time to read: +14 min

And in and around Silicon Valley, they're the informational coin of the realm. Silicon Valley, after all, prides itself on being an ultrarational place for data-driven decisions, made by people with the brains and intestinal fortitude to identify disruptive winners. But the more solid research puts the lie to the idea of Silicon Valley as a utopia of empiricism. Its unfettered belief in freewheeling, big-ticket plays, in fact, is what sets Silicon Valley apart from other tech ecosystems. To the movers and shakers of Silicon Valley, a startup isn't merely a business.

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