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☆ Turkey's pro-Kurdish party calls for opposition unity after split
▼ + stars: | 2023-03-04 | by ( ) www.reuters.com time to read: +2 min

ISTANBUL, March 4 (Reuters) - A leader of Turkey's pro-Kurdish party called on the opposition to unite on Saturday, a day after a separate six-party alliance aiming to defeat President Tayyip Erdogan splintered over who should run for president in May elections. "We call on all social and political opposition to unite around the goals of democracy, justice and freedom in order to raise hope," co-leader Mithat Sancar said after an extraordinary meeting of the Peoples' Democratic Party (HDP) senior ranks. The third-biggest party with 12% support nationally, the HDP is not part of the alliance. But in 2019 its mainly Kurdish supporters helped the alliance win upset mayoral elections in Istanbul, Ankara and other cities. For years, HDP has faced a government crackdown and possible ban over alleged ties to the Kurdistan Workers Party (PKK) militant group, which it denies.

☆ Tesla is not the only company reviewing its Europe investment after Biden's IRA
▼ + stars: | 2023-03-03 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

Tesla recently announced a strategy shift away from Europe as it seeks to benefit from unprecedented subsidies in the United States. But it's not the only company reviewing investment decisions vis-à-vis Europe. The landmark legislation, which features green subsidies for businesses, has raised competition issues for European companies — and upset politicians in the region. Northvolt, a Swedish battery maker; Linde, a chemical giant from Germany; Volkswagen, the carmaker; Enel , the Italian energy giant, have all expressed an interest in profiting from U.S. subsidies. It is still early to assess just how much investment could drift away from Europe as a result of Biden's policy.

☆ CNBC Daily Open: The Fed wants inflation at 2%. But the economy might be fine with higher inflation
▼ + stars: | 2023-02-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

But the economy may be fine with higher inflation. The 2% inflation target has been repeated so often by Fed officials and central bankers worldwide that it seems absolutely crucial to a healthy economy. But "the 2% inflation target, it's relatively arbitrary," said Josh Bivens, director of research at the Economic Policy Institute. In 1991, Canada announced its inflation target; the United Kingdom followed a year later. But if the 2% target is arbitrary, it implies that the economy could function normally at a higher level of inflation.

☆ CNBC Daily Open: The Fed wants inflation at 2%. But the economy may be fine with higher inflation
▼ + stars: | 2023-02-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

☆ PayPal's CEO search amid an uncertain economy will be no easy task
▼ + stars: | 2023-02-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

In case you missed it, PayPal CEO and President Dan Schulman announced his plan to retire at the end of 2023 earlier this month. Coming off an extremely difficult 2022, and with competition seemingly coming at them from every which way, PayPal has to find a new CEO. I hesitate to compare this to the seemingly never-ending CEO search at Carlyle, but it's easy to see how a difficult quarter or two could complicate this entire search. The rich stay rich thanks to another loophole that helps them save on taxes. Elliott Management's Paul Singer and Two Sigma's David Siegel both played second fiddle to Haidar Capital's Said Haidar in 2022 when it came to comp.

☆ Bird flu alarm drives world towards once-shunned vaccines
▼ + stars: | 2023-02-17 | by ( Sybille De La Hamaide | ) www.reuters.com time to read: +8 min

"That's why every country in the world is worried about bird flu," French agriculture minister Marc Fesneau said. But the fear of trade restrictions remains centre stage for countries reluctant to vaccinate poultry against bird flu. Bird flu can also mutate rapidly and reduce the efficacy of vaccines while programmes are costly and time consuming, as shots often need to be administered individually. Ceva said it was using the mRNA technology used in some COVID shots for the first time in poultry vaccines. The global market for bird flu vaccines would be about 800 million to 1 billion doses per year, excluding China, said Sylvain Comte, corporate marketing director for poultry at Ceva.

☆ Tech’s meltdown has also erased the dream job for Gen Z.
▼ + stars: | 2023-02-14 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

While maybe I should dream bigger, keeping expectations low could also be a good thing — people shouldn't dream of labor. And that's a wake up call for many Gen Z workers who once aspired to work in Big Tech. Gen Z says goodbye to dream tech jobs. Several top-ranked engineering schools told my colleague Aki Ito that Big Tech companies have been noticeably absent at career fairs since September. Aki breaks down the crumbling Gen Z dream-job and what that means for the tech industry.

☆ After bloody failures in Ukraine, Russians are reconsidering the role of their military's 'elite' paratroopers
▼ + stars: | 2023-02-07 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

The issues raised about the role and value of paratroopers are not unique to Russia's military. Russian paratroopers in the Kyiv region in March 2022. Russian paratroopers unload a truck from an IL-76 to join the NATO peacekeeping operation in Bosnia in January 1996. That point underlines the debate about the value of airborne forces — a debate that isn't unique to Russia. That battle, an ignominious Allied defeat, has stood as a lesson in the limits of airborne forces.

☆ The rising cost of living isn't the only reason many in Asia are putting off retirement, Randstad says
▼ + stars: | 2023-01-31 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

Workers surveyed in China are the least likely to retire as soon as possible — even "in an ideal world," Randstad said. Edwin Tan | E+ | Getty ImagesThe cost of living crisis is delaying the retirement plans of working professionals worldwide, said recruitment agency Randstad. Its latest Workmonitor report found that only half of surveyed workers believe they can permanently leave the workforce before they turn 65, down from 61% last year. The annual report surveyed 35,000 people across 34 markets for their sentiments on the world of work. Workers feel they "need" work in their lives because having a stable job allows them to "feel valued and respected" by their peers, he added.

☆ How the market is rating the risk of debt ceiling default and a divided, dysfunctional Congress
▼ + stars: | 2023-01-27 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +13 min

That would be the worst-case outcome, of course, but even the best case will probably see the sort of brinksmanship that occurred in the 2011 debt ceiling crisis." From the Senate, Mitch McConnell recently said it's an issue for Biden and the House GOP to work out. Kevin Brady , the former top Republican on the House Ways and Means Committee, dismissed talk of debt default as "fear mongering." Narrowness of GOP House majority does matterJPMorgan also referred to the path for a political agreement as being "narrow." In 2013, the Federal Reserve ran a simulation of a debt default by the U.S. government.

☆ Crypto diehards aren't shaken by the turmoil. These 8 Web3 startup founders see it as an opportunity to modernize payments and games, and give creators more power over how they get paid.
▼ + stars: | 2023-01-27 | by ( April Joyner | ) www.businessinsider.com time to read: +2 min

Despite a string of high-profile collapses in the crypto industry, Web3 founders remain optimistic. They said they believed Web3 can make the global economy more accessible and enhance creativity. Yet little of this seems to faze the people seeking to build crypto and Web3 businesses in this environment, despite some venture capitalists reconsidering their level of investment in crypto and Web3. Countless founders have insisted that crypto has gotten too much attention for its excesses and blowups and not enough for its potential. So we decided to ask a few founders why they're still so bullish on crypto even after the turmoil of the past year.

☆ It's not all gloom and doom on Wall Street. Here's where finance firms are still hiring.
▼ + stars: | 2023-01-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

For many on Wall Street, those questions are top of mind. Insider's finance team canvassed more than a dozen recruiters to get their takes on the job market. From investment banking to hedge funds to fintechs, here's who's hiring and who's at risk of making more cuts. Click here to read more about the hiring landscape across Wall Street, from banks to hedge funds and fintechs. We've got a list of the best and worst US airlines, according to The Wall Street Journal.

☆ Former Wells Fargo VP faces charges of sexual harassment, obscenity, and 'insulting the modesty' of a 72-year-old woman after officials say he drunkenly peed on her during a flight
▼ + stars: | 2023-01-08 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Shankar Mishra, a former Wells Fargo VP, was arrested in India on Saturday, local outlets reported. Officials accused Mishra of drunkenly urinating on a 72-year-old woman on an Air India flight in November. After a search to locate him, Mishra now faces charges including sexual harassment for the incident. In response to the incident, Air India is reconsidering its policy of serving alcoholic beverages, Mirror Now reported. Representatives for Wells Fargo did not immediately respond to Insider's requests for comment.

☆ A stock market crash and a Great-Depression-style economy are among the boldest forecasts for 2023.
▼ + stars: | 2023-01-03 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Now it's full speed ahead into 2023 — and the first Opening Bell newsletter of the year is a doozy. Over the last 12 months, volatility defined global markets. Some of the worst-performing tokens plummeted more than 90%, and one North Korean cyberattack resulted in a $625 million theft. Here is your complete guide to navigating the stock market. Oil (WTI) price on Jan. 3, 2023 Markets Insider10.

☆ Jeff Bezos' leadership style propelled him to become one of the richest men in the world. Here's what you can learn from it.
▼ + stars: | 2022-12-28 | by ( Elle Hardy | ) www.businessinsider.com time to read: +13 min

Former CEO Jeff Bezos, who stepped down in late 2021, led with a slogan of step ferociously. After he predicted that ecommerce was about to take off, Bezos founded Amazon as an online book retailer in 1994. According to the man himself, the value that "surprises people" is Amazon's fourth leadership principle: "are right, a lot." "No PowerPoints are used inside of Amazon," Bezos has said. Bezos ran elements of Amazon like a startup, such as being notoriously frugal when it came to company expenses.

☆ Here's your complete guide to navigating the stock market in 2023 — including over 100 investing ideas from top fund managers and firms
▼ + stars: | 2022-12-28 | by ( Business Insider | ) www.businessinsider.com time to read: +3 min

Energy stocks crushed the market for the second straight year as oil prices surged to 14-year highs after Russia unexpectedly mounted an invasion of Ukraine. With the S&P 500 down 20% year-to-date, many top investment firms believe a recession is inevitable and more market losses are likely next year. However, both bulls and bears see investing opportunities ahead, particularly at the start of the new year. Even if the economy contracts, many investment firms are bullish on stocks in the coming year, though others are far less optimistic. Top fund managers and investment firms see opportunities in several types of stocks next year across a number of sectors.

☆ Turned off Tesla by Elon Musk? Here are 4 great electric alternatives to its sedans and SUVs.
▼ + stars: | 2022-12-21 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

Instead of a Model S, consider:The 2022 Mercedes-Benz EQS 580. Tim Levin/InsiderTesla's Model S sedan has historically been the electric car against which all new EVs are measured. Instead of a Model X, consider:The Rivian R1S. Rivian SUVs are backordered into oblivion as the company ramps up production, but they are available lightly used. Tim Levin/InsiderThere's a swarm of small electric SUVs on offer from Ford, Volkswagen, Audi, Volvo, and more.

☆ It's Not ChatGBT's Time to Shine — yet. Here's Why.
▼ + stars: | 2022-12-21 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Within weeks of taking over, he dramatically transformed Twitter's company culture and started major projects — seemingly with one foot already out the door. Although a successful future for any technology is not guaranteed, ChatGPT feels like a tipping point for generative AI. Roomba, an automatic vacuum cleaner, took multiple sensitive photos that were shared on social media. After short-video apps like TikTok became the dominant platforms for fans to listen to new songs in 2022, music-industry execs are now setting their sights on social media as the next big money-making opportunity. Here are 15 power players using social media to shape the music industry.

☆ Salt Lake City’s efforts to fight pollution face a new challenge: Toxic dust
▼ + stars: | 2022-12-07 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. He Can Be Reached At Evan.Bush Nbcuni.Com. | ) www.nbcnews.com time to read: +5 min

The EPA in 2021 proposed re-listing the Salt Lake City area as in “attainment” for small particle pollution it had been failing to sufficiently control. But wildfires and dust storms off Great Salt Lake are erasing the progress that has been made. “I’ve received a number of emails from concerned citizens reconsidering living in Salt Lake City,” said Janice Brahney, an assistant professor at Utah State University’s watershed sciences department. Meanwhile, researchers found the highest levels of dust — and metals — in suburbs outside urban Salt Lake City. Researchers suspect suburban communities north of Salt Lake City could be receiving the majority of the dust that blows off the lake.

☆ Alphabet's DeepMind has put a hiring freeze on new interns, canceling one applicant's interview with just an hour's notice
▼ + stars: | 2022-11-27 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

DeepMind said it is pausing the hiring of new interns while it reviews its "strategic priorities." Another said she is "gutted" that it froze hiring and said the "tech hiring freeze is hitting hard." The candidate wrote: "Disappointed & shocked to hear that DeepMind 'paused' intern hiring and canceled all scheduled interviews, just one hour before my interview ... Another aspiring DeepMind intern tweeted that she was "gutted" to hear about the freeze as she had made it to the final round of the hiring process. "The tech hiring freeze is hitting hard," she added.

That would surpass the October 2020 peak of 89% in the central bank series dating back to 2006. "It reduces the degree of freedom for the central bank to manage monetary policy," said Ramos. Brazil's central bank has held interest rates at 13.75% since August, after 12 straight hikes that lifted rates from a 2% record low in March 2021. Lula campaigned openly against the constitutional spending cap that limits spending growth to inflation. The proposal also removes some public investments from the cap, opening space for another 23 billion reais in public spending next year.

☆ UVa comes together in grief after campus shooting that killed 3 football players
▼ + stars: | 2022-11-15 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

CHARLOTTESVILLE, Va. — The University of Virginia community came together in grief Monday night as students, staff members, educators and others struggled to understand the shooting that left three football players dead and the campus heartbroken. Matthew Krinn, 19, a sophomore from Chevy Chase, Maryland, said that although he has grown up aware of campus shootings, he never thought he would be directly affected. At Monday night's vigil, students placed bouquets and candles on the steps of Old Cabell Hall, where some football players openly shed tears for their fallen teammates. He said he’s also rethinking the way he talks about school shootings, noting that he used to joke with his Taiwanese friends, saying he may need a bulletproof vest. is a strong community.

☆ Crypto investors are pulling bitcoin from exchanges at a rate of 106,000 per month, a near-record amount as FTX collapse shakes faith in central platforms
▼ + stars: | 2022-11-14 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Bitcoin investors have pulled tokens from centralized exchanges at a record rate since the collapse of FTX, says Glassnode. The blockchain analytics firm said bitcoin outflows to self-custody hit a rate of 106,000 bitcoin per month. The withdrawal of coins to self-custody wallets hit a rate of 106,000 bitcoin per month, Glassnode said in a Twitter post Sunday. The price of TWT, the token for Binance self-custody crypto wallet called Trust Wallet, soared after Zhao's tweet. Trust Wallet Token was up 14% during Monday's trading session and bitcoin was up 0.3% at $16,299.

☆ Grizzlies could roam wildest reaches of Washington state again, but first a mountain of red tape
▼ + stars: | 2022-11-11 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. He Can Be Reached At Evan.Bush Nbcuni.Com. | ) www.nbcnews.com time to read: +5 min

Threatened grizzly bears could roam again in the wildest reaches of Washington state. The National Park Service and the U.S. Forest Service announced Thursday they have restarted the on-again, off-again process to reintroduce grizzlies to North Cascades National Park. Grizzlies haven’t been spotted with certainty in the North Cascades since 1996, the National Park Service said in a news release. People killed them,” said Jason Ransom, who leads the wildlife program at North Cascades National Park. The National Park Service has scheduled several virtual meetings to discuss the proposal.

☆ Remaking the River That Remade L.A.
▼ + stars: | 2022-11-10 | by ( Michael Kimmelman | Photographs Adali Schell | ) www.nytimes.com time to read: +33 min

Remaking the River That Remade L.A.February 1938 was a wet month in Los Angeles. Reservoirs overflowed, dams topped out and floodwaters careered down Pacoima Wash and Tujunga Wash toward the Los Angeles River. The Los Angeles River was never a storybook river of the kind that, like the Hudson or the Seine, we associate with great cities. Among the naysayers is a venerable organization called Friends of the Los Angeles River, founded by the Texas-born poet and performance artist Lewis MacAdams. “With all the problems L.A. is facing,” he said, “even if it costs $50 billion to fix the river, we should just effing do it.”The headwaters of the Los Angeles River aren’t easy to find.

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