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☆ Douglas Stuart Doesn’t Need 3 People at His Dream Dinner Party
▼ + stars: | 2023-07-06 | by ( ) www.nytimes.com time to read: +1 min

I’ve been itinerant lately, so I tend to carry my reading everywhere I go. Right now, I’m trying to make sense of the forces that misshaped me, so I’m reading “The Reformation: A History,” by Diarmaid MacCulloch, and “The Scottish Enlightenment,” by Arthur Herman. What’s the last great book you read? Describe your ideal reading experience (when, where, what, how). A great book can make any reading experience ideal.

Persons: I’ve, Diarmaid MacCulloch, ”, Arthur Herman, I’m, Pam Zhang, Catherine Lacey, David Hare, Michael Cunningham’s, Alan Bennett, John Lahr’s, Joe Orton, Sebastian Barry, Tomasi di Lampedusa, Maria McCann’s Organizations: Scottish Locations: Edinburgh, “

☆ Lazard, facing a dealmaking drought, is on a mission to boost its money management business. It won't be easy.
▼ + stars: | 2023-07-06 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +11 min

The group extends guidance on geopolitical matters to clients as well as colleagues, like the asset management arm's sprawling salesforce. The firm is making a series of changes to ramp up its asset management business. Lazard has had an asset management business for decades, but it's a business that's finding new relevance on Wall Street. Incoming Lazard CEO Peter Orszag, pictured here in May, has made improving the asset management business a priority. "When it comes to the asset management business, the picture is probably more blurry," said Richard Bruyère, managing partner of the Paris-based asset management advisory firm Indefi.

Persons: Lazard, Evan Russo, Yevgeny Prigozhin, Peter Orszag, Barack Obama, Bill Clinton, it's, Russo, Orszag, Ray McGuire, Jennifer Ryan, Goldman Sachs, Brennan Hawken, Richard Bruyère, Bruyère, Ryan, Hartley, Morgan Stanley, Janus Henderson, Ashmore, Devin Ryan, AllianceBernstein, Larry Cohen, " Russo, Peter Organizations: Lazard, BlackRock, Citi, New York, North, Incoming Lazard, REUTERS, UBS, Investors, Firms, Virtus, Liontrust, Bank's JMP Securities Locations: Russia, New York, Washington, North America, Paris, Taft, Asia

☆ Yen weak, dollar drifts as traders weigh Fed rate hike path
▼ + stars: | 2023-07-03 | by ( Ankur Banerjee | ) www.reuters.com time to read: +4 min

The yen weakened 0.09% to 144.45 to start the second half of the year, having lost 9% against the dollar in the first six months of the year. Against the euro, the yen was hovering at 157.66, just under the 15-year low of 158 it touched last week. It intervened again in October after the yen plunged to a 32-year low of 151.94. Markets are pricing in a 84% chance of the Fed hiking rates by 25 basis points in its July meeting, CME FedWatch tool showed. The Australian dollar rose 0.02% to $0.667, while the New Zealand dollar rose 0.42% at $0.615.

Persons: Shunichi Suzuki, Suzuki, Marc Chandler, Sterling, Ankur Banerjee, Christopher Cushing, Kim Coghill Organizations: Finance, Japan, Bannockburn Forex, Bank of Japan, U.S, U.S . Federal, Citi, Labor, Survey, NatWest, New Zealand, Thomson Locations: SINGAPORE, Bannockburn, Japan, U.S ., U.S, United States, Singapore

☆ Yen tentative, dollar soft as traders weigh Fed rate hike path
▼ + stars: | 2023-07-03 | by ( ) www.cnbc.com time to read: +4 min

A Chinese 100 yuan banknote, a 1 U.S. dollar bill and a 50 euro banknote are lying on a table. The yen remained hunkered just below the psychologically important barrier of 145 per U.S. dollar on Monday, while the dollar was on the back foot after U.S. economic data last week showed slightly easing inflation and consumer spending. Against the euro, the yen was hovering at 157.495, below the 15-year low of 158 it touched last week. It was at 183.47 per sterling , just below the seven-and-a-half-year low of 183.86 it hit on Friday. The Australian dollar fell 0.14% to $0.666, while the New Zealand dollar rose 0.16% to $0.613

Persons: Shunichi Suzuki, Marc Chandler, bitcoin Organizations: Finance, Bannockburn Forex, Bank of Japan, U.S, U.S . Federal, PCE, Citi, Labor, Survey, Sterling, New Zealand Locations: U.S, Japan, Bannockburn, U.S ., United States

☆ Walmart is winning back online shoppers with 3 key strategies
▼ + stars: | 2023-05-18 | by ( Ben Tobin | ) www.businessinsider.com time to read: +2 min

Walmart's US e-commerce sales grew 27% year-over-year in the first quarter of 2023. Throughout 2020, Walmart US e-commerce sales soared, as customers hunkered down at home and bought more groceries and general merchandise on walmart.com and through the Walmart app. For the second quarter of 2020, Walmart reported 97% year-over-year e-commerce growth. The following years, Walmart e-commerce growth naturally dropped as more shoppers returned to stores. What do you think of Walmart's e-commerce operations?

ET]Police are searching for a second gunman in the shooting at an outlet mall in Allen, Texas, a suburb of Dallas, a law enforcement source tells CNN. There is a search for a “second gunman,” according to the law enforcement source, based on descriptions from witnesses, although the involvement of a second shooter is not confirmed. [Previous reporting]Authorities in a suburb of Dallas are responding to a reported shooting at an outlet mall, with ATF personnel on the scene at Allen Premium Outlets. Tony Wright, an Allen resident whose home backs up to the Allen Premium Outlets, said his family thought they heard construction before they realized it was gunshots. But he said once they saw people fleeing the outlet mall, the family locked the doors and hunkered down.

☆ Nightmare in Sudan: African expats struggle to find way out
▼ + stars: | 2023-05-04 | by ( Macdonald Dzirutwe | ) www.reuters.com time to read: +6 min

Thousands piled into buses and trucks for the 800 km (500 miles) journey by road from Khartoum to Port Sudan on the Red Sea to board ships. He had to wait four more days for transport to Port Sudan, an overnight trip. After a week, word reached them that there would be transport leaving from their embassy for Port Sudan. RSF fighters stopped the family along the way but let them pass when he said he was looking for food for his son. From Port Sudan, they travelled via cargo ship to Saudi Arabia.

☆ Forget an MBA. This accountant has spent $250 to teach himself how to be a data analyst so he can get a $30,000 raise and buy a house.
▼ + stars: | 2023-04-25 | by ( Ethan Dodd | ) www.businessinsider.com time to read: +7 min

Jeremy Peer felt stuck at his $60,000 accounting salary but can't afford to go to business school. His SQL data analytics training was only $250, and he's working towards a free Microsoft certification. Now, he's taking online courses to land a higher-paying job in business analytics instead of shelling out tens of thousands of dollars on business school. He started listening to the Degree Free podcast and reading their newsletter and learned that Maruyama got hired after completing a Salesforce certification in just over a month. As an accountant for a Detroit-based distribution firm back in 2019, he saw firsthand the business need for analyzing large data sets.

☆ Your work-from-home carbon footprint is bigger than you think—3 ways to shrink it
▼ + stars: | 2023-04-22 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

The waters of Venetian canals cleared up; animals around the world roamed freer without the threat of human presences. Daily global carbon emissions were down 17% by April 2020 as compared to the same period a year earlier, according to a study in the journal Nature Climate Change. Carbon emissions have climbed back to their pre-pandemic levels. Now, more workers are powering more workspaces — at the office, at home and anywhere else you can open a laptop. Harrison says there are a few steps workers can take to make their hybrid work life more sustainable:

☆ Morning Bid: Cautious markets focus on central banks' diverging paths
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +2 min

The prevailing anxious mood is likely to continue as we head into the crucial next few weeks of central bank meetings. The Bank of England on the other hand will likely need to stay on its hawkish path as data through the week showed that British inflation remained hot. Investors are now fully pricing in a quarter-point interest rate rise to 4.25% on May 11 at the BoE's next meeting and expect rates to peak at 5% by September, according to futures markets. Meanwhile, New Zealand's consumer inflation came in below expectations in the first quarter but remained near historic highs, reinforcing bets of another interest rate hike in May. Elsewhere, shares of Tesla slid after the EV maker posted its lowest quarterly gross margin in two years, missing estimates.

☆ Rival factions defy ceasefire to bombard Sudan's capital, Japan plans evacuation
▼ + stars: | 2023-04-19 | by ( ) www.cnbc.com time to read: +5 min

Smoke rises from the tarmac of Khartoum International Airport as a fire burns, in Khartoum, Sudan April 17, 2023 in this screen grab obtained from a social media video. Air strikes and explosions hammered Sudan's capital on Wednesday after the failure of a U.S.-brokered ceasefire between the army and paramilitary forces, forcing residents to stay hunkered down and prompting Japan to prepare to evacuate its citizens. At least 270 people have been killed and 2,600 injured in the fighting, the World Health Organization said, citing Sudan's health ministry. Khartoum residents were asked to limit their electricity usage, as the state's distribution authority said the servers that manage online purchases of power were out of service. The fighting, which pits Sudan's military leader General Abdel Fattah al-Burhan against RSF chief General Mohamed Hamdan Dagalo, followed rising tensions over a plan for the RSF's integration into the regular military.

The army's high command said it would continue operations to secure the capital and other regions. Khartoum residents were asked to limit their electricity usage, as the state's distribution authority said the servers that manage online purchases of power had gone out of service. Many residents planned to travel south to rural areas of Khartoum state or Gezira state if the ceasefire had held. The outbreak of fighting pitting Sudan's military leader General Abdel Fattah al-Burhan against RSF chief General Mohamed Hamdan Dagalo, followed rising tensions over a plan for the RSF's integration into the regular military. Reporting by Khalid Abdelaziz in Khartoum, Nafisa Eltahir; Writing by Aidan Lewis; Editing by Frank Jack DanielOur Standards: The Thomson Reuters Trust Principles.

A patchy cease-fire between Sudan’s two rival generals held in parts of the capital on Wednesday night, as desperate residents looked for ways to escape the city after five days trapped by the chaotic fighting with dwindling stocks of water and food. Evacuation from the capital, Khartoum, has proved intensely dangerous since conflict erupted over the weekend between Sudan’s military and a powerful paramilitary group, the Rapid Support Forces. Nearly 300 people have been killed and over 3,000 wounded since fighting erupted on Saturday, the World Health Organization said. Conditions have deteriorated with dizzying speed in Sudan, even by the standards of modern warfare. Khartoum was already a fragile city before fighting erupted on Saturday, with frequent power outages and soaring food prices.

☆ Facebook depends on local partners to flag hateful content. In Ethiopia, those partners say they were ignored.
▼ + stars: | 2023-04-15 | by ( Tekendra Parmar | ) www.businessinsider.com time to read: +31 min

Trusted partners say warnings were ignoredInsider spoke with six current and former trusted partners from Ethiopia who said that Facebook routinely ignored their pleas to take down content that they deemed hateful or likely to incite violence. Some of the trusted partners declined to be named because they've faced death threats and fear for their own safety. Multiple trusted partners in Ethiopia said hate speech is still proliferating on the platform. Rafiq Copeland, a senior adviser at InterNews, one of Meta's longest-standing trusted partners globally, told Insider that the core complaints of trusted partners in Ethiopia have come up in other Rest of World countries. Even in Addis Ababa, it seemed that everyone knew about the Facebook posts, and many people now saw him as a traitor.

☆ Cyclone Ilsa rapidly intensifies as it approaches landfall in Western Australia
▼ + stars: | 2023-04-13 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +3 min

Brisbane, Australia CNN —A massive cyclone swirling off Australia’s western coast will likely make landfall as a category 5 storm – the strongest on the national scale – according to the country’s official forecaster. “Communities in those coastal areas hopefully are already hunkered down, ready to ride this one out. The last major cyclone of this strength to hit the Western Australian coast was Cyclone George in 2007 with winds that reached 275 kph (170 mph). The strongest storm ever to hit any part of Australia was Cyclone Monica, which arrived in 2006 with sustained winds around 290 kph (180 mph), as it swept across the eastern and northern parts of Australia. That cyclone missed highly populated areas but brought down trees and caused severe damage to vegetation along with a storm surge up to six meters high.

☆ This Y Combinator-backed startup helps reduce climate-warming methane in cow burps. Check out the pitch deck Alga Biosciences used to secure $4 million.
▼ + stars: | 2023-04-06 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

Y Combinator startup Algo Biosciences has developed a way to reduce methane in cow burps. Check out the 11-slide pitch deck the company used to secure $4 million from Collaborative Fund. A Y Combinator-backed startup trying to curb methane spewing cow burps has just landed $4 million in its first institutional funding round. Berkeley-based Alga Biosciences, founded in 2021, has developed a feed additive to reduce methane from cow burps using biochemically modified kelp. Check out the 11 slide pitch deck the company used to raise the funds.

☆ Former Brazilian President Jair Bolsonaro Returns From Florida Exile
▼ + stars: | 2023-03-30 | by ( Luciana Magalhaes | Samantha Pearson | ) www.wsj.com time to read: 1 min

BRASÍLIA—Brazil’s conservative former President Jair Bolsonaro returned to the country Thursday for the first time since his leftist rival President Luiz Inácio Lula da Silva took office in January, coming home to crowds of supporters and scores of criminal investigations. The 68-year-old army captain-turned-politician, who had been hunkered down in Florida since late December, is being investigated by the Supreme Court over prosecutors’ accusations that he incited attacks on government buildings earlier this year. Mr. Bolsonaro has denied any wrongdoing, saying he welcomes probes into what Mr. da Silva has branded a coup attempt on his government.

☆ Genetics study lays bare Ice Age drama for humans in Europe
▼ + stars: | 2023-03-01 | by ( Will Dunham | ) www.reuters.com time to read: +5 min

Tom Bjoerklund/Handout via REUTERSMarch 1 (Reuters) - Europe was no balmy paradise during the Ice Age, with the vast glaciers that blanketed large parts of the continent rendering wide swathes inhospitable for humans. While some populations hunkered down and survived in relatively warmer parts of Europe, including France, Spain and Portugal, others died out on the Italian peninsula, the study showed. "It refreshes our knowledge of how human beings survived the Ice Age," added paleogeneticist and study co-author He Yu of Peking University in China. Homo sapiens arose roughly 300,000 years ago in Africa, then spread worldwide, reaching Europe at least 45,000 years ago. The only people who survived this harshest period in Europe were hunter-gatherers who had found refuge in portions of France and the Iberian peninsula, the study found.

It’s a sunny day in early January, and Steven Yeun is happy to be out of the house. He’s wearing trail sneakers, brown pants, a shaggy mohair cardigan and sunglasses. With some actors, sunglasses serve as armor when they’re out in public, but Yeun, 39, shows no such guardedness. It’s a sunny day in early January, and Steven Yeun is happy to be out of the house. He’s wearing trail sneakers, brown pants, a shaggy mohair cardigan and sunglasses.

☆ Russian offensive in eastern Ukraine focused on Bakhmut
▼ + stars: | 2023-02-28 | by ( Leonardo Benassatto | ) www.reuters.com time to read: +6 min

[1/5] Ukrainian service members are seen next an infantry fighting vehicle near the frontline town of Bakhmut, amid Russia's attack on Ukraine, in Donetsk region, Ukraine February 25, 2023. Apart from Bakhmut itself, six nearby Donetsk settlements came under Russian shelling, it said. Russia is trying to encircle Bakhmut, forcing Ukraine to pull out its garrison. Her boss, President Joe Biden, went there a week ago to mark the first anniversary of Russia's invasion of Ukraine. Ukraine's military forces have mostly focused on holding defensive positions in recent weeks, but are expected to attempt a counter-offensive later this year using new weapons pledged by the West.

☆ A real estate investor who owns over 1,000 units explains how he was able to officially retire at age 36 by 'reverse engineering' his financial freedom
▼ + stars: | 2023-02-19 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +12 min

He was able to achieve this feat by "reverse engineering" his financial freedom. In fact, he attributes much of his success today as a real estate investor to setting "audacious" goals for himself — and achieving them by whatever means necessary. To Allred, achieving true financial freedom meant having enough recurring passive income to entirely cover his family's cost of living. At that time, he decided to officially retire from door-to-door sales and go into real estate full-time. Continuing to grow his real estate fundAround 2015, Allred also began getting involved in real estate syndications.

☆ Asia stocks ease, bonds brace for U.S. data test
▼ + stars: | 2023-02-13 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

read moreOfficials declined to say whether it resembled the large white Chinese balloon that was shot down earlier this month. The near-term direction for assets could well be determined by U.S. data on consumer prices and retail sales this week, with much resting on whether inflation continued to slow in January. Median forecasts are for headline and core consumer prices to rise 0.4% for the month, with sales rebounding by 1.6%. There is also a full slate of Fed officials speaking this week to provide a timely reaction to the data. read moreThe dollar was last holding at 131.50 yen , after bouncing from a low of 129.80 on Friday.

President Biden will meet with Brazilian President Luiz Inácio Lula da Silva at the White House Friday, a month after supporters of Mr. da Silva’s predecessor ransacked government buildings and demanded the results of the election be overturned. Mr. da Silva, a leftist former president, narrowly won against Jair Bolsonaro , a right-wing populist and ally of former President Donald Trump who has been hunkered down in Florida since late December and has applied for a six-month tourist visa to prolong his stay in the U.S.

☆ Walmart's experiment with pickup-and-delivery stores appears to be over as the last two prepare to close
▼ + stars: | 2023-02-10 | by ( Ben Tobin | ) www.businessinsider.com time to read: +3 min

Walmart opened up its first pickup-and-delivery-only store in its headquarters city of Bentonville, Arkansas, in 2014. The retailer appears to be abandoning the model by closing the concept's last 2 remaining stores. But less than nine years after this launch, Walmart appears to be abandoning the concept as it closes the only two remaining standalone Walmart pickup and delivery stores in the country. In addition to the locations in Lincolnwood and Bentonville, a Walmart pickup and delivery only store opened in Metairie, Louisiana, in 2017 and closed last year. Walmart's decision to close these stores, where customers placed orders on walmart.com or the Walmart app, comes as the company has seen ecommerce growth slow greatly.

☆ Tyre Nichols: After his fatal beating ignited rage, Memphis streets remained calm despite warnings
▼ + stars: | 2023-01-29 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +12 min

Some residents told Insider they hunkered down all of Saturday expecting the worst. "It could have been me," he told Insider, asking only to be identified by his first name in fear of his job. Demonstrators protest in Memphis on Jan. 28, 2023 following the release of video showing the deadly encounter between Tyre Nichols and police. Demonstrators protest in Memphis on Jan. 28, 2023 following the release of video showing the deadly encounter between Tyre Nichols and police. Demonstrators protest in Memphis on Jan. 28, 2023 following the release of video showing the deadly encounter between Tyre Nichols and police.

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