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☆ Xi says China's women must start 'new trend of family'
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

Doing a good job in women's work is not only related to women's own development, he said but also related to "family harmony, social harmony, national development and national progress". Factors including high childcare costs, career hindrance, gender discrimination and not wanting to get married have deterred many young Chinese women from having children. The number of births is closely tied to marriage rates because official policies make it hard for single women to have children. China's National Bureau of Statistics in January reported the first population drop in six decades and the country's population is rapidly ageing. The state media has often linked population development to the strength and "rejuvenation" of the country.

Persons: Wang Dan, Aly, Xi Jinping, Farah Master, Barbara Lewis Organizations: REUTERS, Xinhua, China Women's Federation, Communist Party, China's National Bureau of Statistics, Thomson Locations: Shanghai, China, HONG KONG, Beijing

Rising interest rates have slammed the breaks on America's housing market, with home sales down 15.4% year-over-year in September, according to the National Association of Realtors. By controlling the financing, they can offer yesterday's mortgage rates, saving customers tens of thousands of dollars and moving inventory in the process. Tawn Kelley, president of financial services at homebuilder Taylor Morrison, told Insider that financing is an essential part of the home-selling puzzle. Then, there are forward commitments, another way to prepay interest rates that allows a homebuilder to pay down more of it. There are also float downs, which allow purchasers who lock in a mortgage price to reduce their interest rates if mortgage rates get smaller over the course of their mortgage lock.

Persons: Tawn Kelley, homebuilder Taylor Morrison, Kelley, Taylor Morrison, Devyn Bachman, John Burns, Taylor Morrison's, it's, they've, homebuyers, Kurt Carlton Organizations: National Association of Realtors, Census, Finance Locations: homebuying, homebuilding

As Google’s chief executive, Sundar Pichai, tells it, his company has always been on the side of consumers. It has paid billions to other industry giants, like Apple and Samsung, he said, to make sure Google’s internet search engine worked as well as it should on those companies’ devices. “Given that Apple designs the experience, it wasn’t clear how they would change the experience if the financial incentive wasn’t there,” Mr. Pichai said while testifying for more than three hours. The Google chief was the highest profile witness to testify so far in the 10-week trial. The monopoly trial — the first involving a tech giant of the modern internet era — reflects increasing efforts in Washington to rein in the power of Big Tech.

Persons: Sundar Pichai, Pichai, Department’s, ” Mr Organizations: Apple, Samsung, Google, Big Tech Locations: Google’s, Washington

☆ Elon Musk’s Twitter takeover, the platform and its cultural impact have fundamentally changed
▼ + stars: | 2023-10-27 | by ( Brian Fung | Clare Duffy | ) edition.cnn.com time to read: +16 min

Here’s a (non-exhaustive) account of how Musk has fundamentally changed Twitter since he made one of the most consequential acquisitions of the social media age. Many of Musk’s content and product decisions have also led to what civil society groups have reported as a troubling spread of hateful speech on the platform. He recommended that X users monitor the Israel-Hamas conflict by following an account known for spreading disinformation, before later deleting his post. And, in an attempt to prove that former Twitter executives deliberately discriminated against conservatives on the platform, Musk provided a handpicked group of journalists with selective access to company records. It is perhaps Musk’s all-consuming presence that has most undermined what users used to love about Twitter.

Persons: New York CNN — It’s, Elon Musk, Linda Yaccarino —, Yaccarino, ” Yaccarino, —, it’s, Here’s, Musk, he’s, Donald Trump, LeBron James, James, ”, X, General Mills, ” Weeks, “ Elon, what’s, “, Paul Pelosi, Dilbert, Scott Adams, George Soros, Joe Biden’s, Ron DeSantis ’, Robert F, Kennedy, Jr, Tucker Carlson, Vivek Ramaswamy, Benjamin Netanyahu, Hunter Biden Organizations: New, New York CNN, Elon, Twitter, US Federal Trade Commission, Securities, Exchange Commission, EU, Premium, Nintendo, NPR, PBS, Volkswagen, —, Center, Defamation League, Wall Street, Florida Republican Gov, Fox, New York, Trump Locations: New York, Israel, United States, breakeven, New

☆ With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
▼ + stars: | 2023-10-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

UK has second-biggest number of top fintech firmsThe U.S. was home to 65 of the top fintech companies, according to CNBC's list of world's top 200 fintech companies. In the U.S., some of the top global fintech companies on Statista's list include names like Stripe, PayPal and Intuit . Stateside, meanwhile, the largest fintech unicorns are Stripe ($95 billion), Chime ($25 billion), Ripple ($15 billion), Plaid ($13.5 billion), Devoted Health ($12.6 billion, and Brex ($12.3 billion). Other leading ecosystems for fintech unicorns include India, on 17 unicorns, and China, on eight. Standing in 8th place is Mexico, with five fintech unicorns, Singapore, also with five, and the Netherlands, which has four in total.

Persons: Ed Jones, Starling, Tencent, Statista, Andreessen Horowitz, Wise, Vlad Tenev, Group's, —, Nick Parmenter Organizations: AFP, Getty, CNBC, Statista, Ant Group, Plaid, Visa, Mastercard, European Union, Apple, Google, Sequoia Capital, PayPal, Intuit, Financial, Authority, Consumers Locations: U.S, Beijing, China, Silicon, Europe, Ukraine, Covid, India, France, Brazil, Germany, Mexico, Singapore, Netherlands, Statista

☆ Opinion: Restaurants should end tipping for good
▼ + stars: | 2023-10-24 | by ( Opinion Corey Mintz | ) edition.cnn.com time to read: +6 min

The Wall Street Journal described this as Chicago eliminating the “tips-as-wage system,” which makes it sound like a ban on tipping. It’s a shame, because tipping has always been a scam that enables restaurants to suppress labor costs, which keeps menu prices down. Tipping emerged as a model for employing formerly enslaved Black workers without having to pay them a real wage, if anything at all. Instead, restaurants should pay a living wage (if the revenue does not cover the actual cost of labor, what kind of business is it? Despite today’s dire labor shortage, precious few restaurants seem willing to re-examine their employment model in order to address it.

Persons: Corey Mintz, CNN — It’s, Jaime Hogge, Steve Hanke, Nick Kokonas, ” Kokonas, “, Tipping, North America wouldn’t, ” Organizations: Public Affairs, CNN, Twitter, Chicago Locations: Chicago, Toronto , Ontario, North America

☆ Time is ripe for another push on carbon pricing
▼ + stars: | 2023-10-24 | by ( Hugo Dixon | ) www.reuters.com time to read: +8 min

Other technologies, such as green hydrogen and carbon capture, are still a long way from maturity. Around 50 countries have some form of carbon price, double the number 10 years ago, and another 23 countries are planning to introduce one. The snag is that China’s carbon price is low and the United States doesn’t have a federal levy. Others argue that governments should combine carbon pricing with financial support for the most vulnerable and targeted subsidies for fledgling technologies. To hit climate targets, the carbon price would need to be $135 a tonne in advanced economies and $45 a tonne in large emerging ones by 2030.

Persons: Jin Mao, Aly, Joe Biden’s, There’s, Rishi Sunak, Michael Jacobs, it’s, Peter Thal Larsen, Oliver Taslic, Thomas Shum Organizations: Financial, REUTERS, Reuters, International Energy Agency, European Union, Global, International Monetary Fund, Reuters Graphics Reuters, British, Pew Research, University of Sheffield, IMF, Africa Climate, United, European, Climate Leadership Council, Thomson Locations: Shanghai, Pudong, China, United States, Paris, Africa, European Union, U.S

☆ Insurance companies have discovered devious new ways to rip you off
▼ + stars: | 2023-10-23 | by ( Jathan Sadowski | ) www.businessinsider.com time to read: +16 min

Unfortunately, as premiums for everything from home insurance to car insurance skyrocket, more of us are being forced to dwell on the opaque and convoluted insurance industry. AdvertisementAdvertisementTo determine that magic price tag, insurance companies drill down into the nitty-gritty details of your life. I'll go even further: To boost their own profits, insurance companies are becoming increasingly antisocial and antagonistic. To boost their own profits, insurance companies are becoming increasingly anti-social and antagonistic. The stuff of insurance is far too important to be left to the insurance industry.

Persons: Søren Holm, Duncan Minty, Kengo Sakurada, you've, Colm Holmes, —, Holmes, Inga Beale, Beale, ProPublica, Cigna Organizations: Consumers, Caliber, Insurance, Sompo Holdings, Aviva, Allianz Holdings —, of Actuaries, State Farm, Farm, New York Times, of Information Technology, Monash University Locations: London, State

☆ Russian casualties soar by 90% as Putin's generals order furious attacks on small city in east, UK intelligence says
▼ + stars: | 2023-10-22 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Russia has been carrying out offensive operations in the area of Avdiivka in eastern Ukraine. The assaults have contributed to a 90% increase in Russian casualties, the UK MoD said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Russia has been carrying out offensive operations in the area of Avdiivka, a small city just to the north of Donetsk. AdvertisementAdvertisementIt added that it was likely Russian forces had taken around 150,000-190,000 "permanent casualties" — those killed and permanently wounded — since Putin's full-scale invasion began in February 2022.

Persons: —, Wagner, Yevgeny Prigozhin Organizations: MoD, Service, UK Ministry of Defence, for, Wagner Group Locations: Russia, Avdiivka, Ukraine, Donetsk, Russian, Bakhmut

Olivier Douliery | Afp | Getty ImagesAmberlee McGaughey, a librarian in Pennsylvania, was not worried about the restart of student loan payments. In August, she applied for the Public Service Loan Forgiveness program with her loan servicer, MOHELA, or the Missouri Higher Education Loan Authority. Around 7% of student loan borrowers are now more than $100,000 in debt. "The government has made all these announcements, and it's really confusing to people," said Scott Buchanan, executive director of the Student Loan Servicing Alliance, a trade group for federal student loan servicers. Her original student loan bill of $483, which was listed as due on Oct. 20, wasn't affordable for her.

Persons: Miguel Cardona, Kamala Harris, Olivier Douliery, she's, MOHELA, couldn't, Ella Azoulay, Carolina Rodriguez, Rodriguez, Scott Buchanan, Joe Biden, he'd, didn't, Biden, servicers, Braxton Brewington, Sarah Cluff, Sarah Cluff Still, servicer, Cluff, Sen, Elizabeth Warren, Nelnet, Joe Popevis, NelNet, Popevis, Servicers, Brewington, Amberlee, Jane Fox, Fox, Buchanan, Rocky, they'll Organizations: Washington , D.C, Afp, Getty, Public, Missouri Higher Education Loan Authority, CNBC, Finance, Biden, Student, Protection, Carolina, Education, Consumer, Student Loan, Alliance, U.S . Department of Education, Valuable Education, Education Department, MOHELA, SAVE, Legal, Association of Legal Locations: Washington ,, Pennsylvania, Missouri, U.S, New York, servicers

☆ Russia has likely suffered up to 480,000 soldiers killed or wounded in the war against Ukraine, says UK Ministry of Defence
▼ + stars: | 2023-10-22 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Russia has suffered up to to 480,000 casualties in the war against Ukraine, per UK intelligence. In a desperate bid to replenish its manpower, Moscow is sending injured soldiers back into battle. AdvertisementAdvertisementRussia has likely suffered up to 480,000 soldiers killed or wounded in the war against Ukraine, the UK Ministry of Defence reported in an intelligence update. Recent fighting in Avdiivka, a city in southeastern Ukraine, has contributed to a 90% increase in Russian soldiers killed or wounded. The move to reinstate injured soldiers amid manpower and equipment shortages had one soldier's mother describe their treatment "like cows at a slaughterhouse."

Persons: —, Wagner, Yevgeny Prigozhin, Putin, Alia Shoaib, Ruslana Danylkina Organizations: Ukraine, Service, UK Ministry of Defence, Ministry of Defence, Wagner Group, New York Times, AP, The New York Times, BBC, Armed Forces Locations: Russia, Moscow, Ukraine, Bakhmut, Avdiivka, Ukrainian, Kherson, Odesa, Donetsk

☆ Beware of these expensive stocks that analysts don't like
▼ + stars: | 2023-10-17 | by ( Brian Evans | ) www.cnbc.com time to read: +8 min

For context, the longer-term P/E ratio for the past 12 months of the S & P 500 is about 21 times trailing earnings. That compares to a five-year average P/E ratio of 19.87. The life insurer's 12-month trailing P/E ratio came in at 31.99, compared to its five-year average P/E ratio of 13.62. For context, the longer-term P/E ratio for the past 12 months of the S&P 500 is about 21 times trailing earnings. The life insurer's 12-month trailing P/E ratio came in at 31.99, compared to its five-year average P/E ratio of 13.62.

Persons: JPMorgan's Marko Kolanovic, David Vogt, Tyson Foods, Jefferies, Henry Schein, Michael Bloom, Darla Mercado, Angela Weiss, HSIC Henry Schein, MOH Organizations: Treasury, Federal Reserve, CNBC Pro, IBM, UBS, Premier U.S, Tyson, Prudential Financial, Jefferies, Prudential, CNBC, Hewlett Packard Enterprise, Molina Healthcare, Pinnacle West, Traders, New York Stock Exchange, AFP, Getty, Business Machines Corp, Healthcare, Progressive Corp, Pinnacle West Capital Corp, TSN Tyson Foods, Business Machines Corp IBM, Target Premier U.S, Tyson Foods Inc TSN, Prudential Financial Inc

☆ We've been posting our way through the Israel-Hamas war. But should we be?
▼ + stars: | 2023-10-13 | by ( Kelsey Vlamis | Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementThe past six days on social media have been a heartbreaking and deeply disturbing experience. "Trying to explain the Israeli-Palestinian conflict in one picture is almost like a Second City sketch. Before social media, conversations like this would typically happen over coffee or at the workplace — likely still with some disagreement. But many social media users fall victim to misinformation, which has spread like wildfire even in the first week of this war. Dagnes said that just by virtue of posting something, anyone can be an expert to social media users — never mind that person's actual qualifications or life experience.

Persons: —, Alison Dagnes, It's, Dagnes, Ken Paulson, they're, Mohammed Abed, Charlie Warzel, Rachel E, Greenspan, Tweeting, Paulson Organizations: Service, Free, Center, Middle Tennessee State University, Getty, MSNBC, Instagram Locations: Israel, Gaza, al, Karama, Gaza City, AFP

LONDON (AP) — Elon Musk's social media platform X has removed hundreds of Hamas-linked accounts and taken down or labeled thousands of pieces of content since the militant group's attack on Israel, according to the CEO of the company formerly known as Twitter. Linda Yaccarino on Thursday outlined efforts by X to get a handle on illegal content flourishing on the platform. Plus, X's workforce — including its content moderation team — has been gutted. Political Cartoons View All 1207 ImagesThose changes are running up against the EU's Digital Services Act, which took effect in August. It forces social media companies to step up policing of their platforms for illegal content, such as terrorist material or illegal hate speech, under threat of hefty fines.

Persons: — Elon, Linda Yaccarino, X, ” Yaccarino, Thierry Breton, —, Yaccarino, Musk Organizations: Twitter, European Union, EU's Digital Services, YouTube, Facebook Locations: Israel, EU

☆ Births in China slide 10% to hit their lowest on record
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Oct 12 (Reuters) - The number of births in China tumbled 10% last year to hit their lowest level on record - a drop that comes despite a slew of government efforts to support parents and amid increasing alarm that the country become demographically imbalanced. China had just 9.56 million births in 2022, according to a report published by the National Health Commission. Last year, the country's population also fell for the first time in six decades, dropping to 1.41 billion people. Nearly 40% of Chinese newborns last year were the second child of a married couple, while 15% were from families with three or more children, health authorities said. Reporting by Ethan Wang, Albee Zhang and Bernard Orr; Editing by Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

Persons: Xi Jinping, Ethan Wang, Albee Zhang, Bernard Orr, Edwina Gibbs Organizations: National Health Commission, Thomson Locations: BEIJING, China, Beijing

That's almost half the nearly 6.7 million Latinas who live in those states, representing the largest group of women of color affected by the court's decision. Financially insecure women are more likely to be affected by state bans and restrictions, the report notes, because they are likely to lack funds to travel to another state for abortion care. Roughly 1.4 million Latinas in these 26 abortion-restricted states work in service occupations, according to the report. Twenty-six states have banned or further restricted abortion services by providers such as Planned Parenthood since the Supreme Court overturned the landmark Roe v. Wade case. Michael B. Thomas | Getty Images News | Getty ImagesAt large, Hispanic women or Latinas are over represented in low-wage occupations, such as servers and cleaners.

Persons: Roe, Wade, Lea, That's, Lupe M, Shaina Goodman, Michael B, Thomas, Dobbs, Candace Gibson, Goodman, Rachel Greszler Organizations: National Partnership for Women, National Latina Institute, Reproductive, Getty, U.S . Department of Labor, Heritage Foundation

☆ Conservative groups are once again trying to strip student-loan forgiveness from 804,000 borrowers on income-driven repayment plans, even though some of them already received the relief
▼ + stars: | 2023-10-11 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Conservative groups filed an appeal to block student-debt relief for borrowers on income-driven repayment. The relief is part of a one-time account adjustment for borrowers with the required years of payments. AdvertisementAdvertisementTwo conservative groups are not easing off their efforts to block student-loan forgiveness for thousands of borrowers. "That reduced supply of workers for public service jobs is a concrete economic injury." The one-time account adjustments are intended to get those borrowers relief, and it's been significant for some of those borrowers.

Persons: —, Joe Biden's, it's, isn't, It's Organizations: Service, New Civil Liberties Alliance, Cato Institute, Mackinac Center for Public, Public, Education Department, Sixth

But the Israel-Hamas war has underscored how the platform now transformed into X has become not only unreliable but is actively promoting falsehoods. “People are desperate for information and social media context may actively interfere with people’s ability to distinguish fact from fiction,” said Gordon Pennycook, an associate professor of psychology at Cornell University who studies misinformation. But unlike X, TikTok has never been known as the No. Meanwhile, in Europe, major social media platforms are facing stricter scrutiny over the war. “Our policy is that everything is open source and transparent, an approach that I know the EU supports,” Musk wrote on X.

Persons: Ian Bremmer, “, algorithmically, ”, Gordon Pennycook, TikTok, Kolina Koltai, Koltai, we’ve, Joe Biden, Vladimir Putin, Pennycook, Michelle Donelan, Thierry Breton, Musk, ” Musk, ” Breton, ___ Kelvin Chan Organizations: Twitter, Elon, YouTube, Facebook, Cornell University, Media, Press, Israel, Reuters, Britain’s, Google, Digital Services, EU Locations: Israel, Europe, London

☆ China to hold nationwide survey on population changes in November
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +2 min

[1/3] A little girl sits with her dad in a park in Shanghai, China, April 2, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsHONG KONG, Oct 10 (Reuters) - China's National Bureau of Statistics will conduct a nationwide sample survey in November to help better plan population policies, in an unexpected poll as authorities struggle to boost the country's flagging birth rate. The survey's scope on population changes will focus on urban and rural areas throughout the country, according to state media reports on Tuesday. The plan will help to "accurately and timely monitor China's population developmental changes and provide a basis for the Communist Party and the government to formulate national economic, social development and population related policies," the bureau said. China last conducted its once-in-a-decade census in November 2020 which showed it grew at the slowest pace since the first modern population survey in the 1950s.

Persons: Aly, Farah Master, Kim Coghill Organizations: REUTERS, National Bureau, Statistics, Communist Party, Authorities, Thomson Locations: Shanghai, China, HONG KONG, Beijing, China's

☆ China to Hold Nationwide Survey on Population Changes in November
▼ + stars: | 2023-10-09 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

HONG KONG (Reuters) - China's National Bureau of Statistics will conduct a nationwide sample survey in November to help better plan population policies, in an unexpected poll as authorities struggle to boost the country's flagging birth rate. Concerned about China's first population drop in six decades and its rapid ageing, Beijing is urgently trying an array of measures to lift the country's birth rate including financial incentives and boosting childcare facilities. The survey's scope on population changes will focus on urban and rural areas throughout the country, according to state media reports on Tuesday. The plan will help to "accurately and timely monitor China's population developmental changes and provide a basis for the Communist Party and the government to formulate national economic, social development and population related policies," the bureau said. China last conducted its once-in-a-decade census in November 2020 which showed it grew at the slowest pace since the first modern population survey in the 1950s.

Persons: Farah Master, Kim Coghill Organizations: Reuters, National Bureau, Statistics, Communist Party Locations: HONG KONG, Beijing, China, China's

☆ Inter Miami suffers bruising defeat with Lionel Messi absent again through injury
▼ + stars: | 2023-10-05 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Inter Miami suffered a chastening Major League Soccer defeat by Chicago Fire on Wednesday – losing 4-1 – with talisman Lionel Messi missing through injury yet again. Messi has now missed the last four matches and his team has struggled to fill the gap left by the 36-year-old forward. Late last month, Miami manager Gerardo Martino said Messi was dealing with an old scar tissue problem. Michael Reaves/Getty ImagesWith doubts around whether Messi would play the match at Chicago’s Soldier Field, the hosts offered fans a financial incentive to attend. “I understand the expectation in Chicago, like there’s been in other places, but when a player isn’t in condition to play, he can’t play.

Persons: Lionel Messi, Messi, Gerardo Martino, Xherdan, Maren Haile, Selassie, Josef Martínez, Martino, ”, Michael Reaves, there’s, “, wasn’t Organizations: CNN — Inter Miami, Major League Soccer, Chicago Fire, –, English Premier League, Chicago, Miami, Eastern Conference, MLS, ” Inter Miami, Chicago’s, Inter, FC Cincinnati Locations: Miami, Chicago, United States

☆ SPAC shell games will keep hiding the ball
▼ + stars: | 2023-10-05 | by ( Jeffrey Goldfarb | ) www.reuters.com time to read: +9 min

It’s more or less how another 216 companies backed into public markets in 2021, according to SPAC Research. They’re on track to miss the mark by more than 40%, delivering only about $55 billion, according to recent forecasts compiled by LSEG. The electric-vehicle industry, for one, was a serial SPAC user whose exuberance sputtered badly. Dressing them up as acquisitions of private firms by listed shell companies enables the participants to play by looser rules. SPAC investors buy shares in the empty vessel before its sponsor and takeover target agree on a valuation.

Persons: Vishal Garg, Better’s, Breakingviews, SPACs, ”, Joel Rubinstein, Donald Trump’s, Spruce, Woodruff Sawyer, Gary Gensler, Ellis, Gensler, Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, & Finance, Research, LSEG, Polestar Automotive, White, The Securities, Exchange Commission, XL Fleet, SEC, Reuters Graphics Reuters, Case, Kirkland, U.S . Securities, Financial Services, Thomson

☆ Chicago Fire offer fans credit amid Messi uncertainty
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

Sep 20, 2023; Fort Lauderdale, Florida, USA; Inter Miami CF forward Lionel Messi (10) runs with the ball against the Toronto FC during the first half at DRV PNK Stadium. Mandatory Credit: Sam Navarro-USA TODAY Sports/File Photo Acquire Licensing RightsOct 3 (Reuters) - Major League Soccer's Chicago Fire have offered a financial incentive to ticket holders who attend their home game against Inter Miami on Wednesday given the uncertainty surrounding Lionel Messi's availability. Mindful that Messi may not play, Chicago said on Tuesday they will offer a $250 credit toward new memberships for next season -- or a $50 credit for anyone unable to use the new member credit -- to all single-game ticket buyers who attend the Miami match regardless of which players make an appearance. "While we don't yet know the official status of Lionel Messi's availability for our match tomorrow ... we understand that many of our fans may be disappointed if they don't get the chance to see him play," Chicago said in a news release. Reporting by Frank Pingue in Toronto; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Lionel Messi, Sam Navarro, Ballon, Messi, Lionel Messi's, Frank Pingue, Peter Rutherford Organizations: Inter Miami CF, Toronto FC, USA, League, Chicago Fire, Inter Miami, Soldier, Chicago, Miami, Thomson Locations: Fort Lauderdale , Florida, USA, Miami, Argentina, Qatar, Toronto

☆ Health care workers strike: Kaiser Permanente unionized employees walk out after failed contract negotiations
▼ + stars: | 2023-10-04 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

Los Angeles CNN —On Wednesday, thousands of unionized health care employees walked off the job after failed contract negotiations with their employer, Kaiser Permanente, a company whose business model is distinctive, compared to most health care providers in the United States. Members are mainly locked in to using Kaiser health workersKaiser’s membership dues set it apart from America’s traditional “fee-for-service” health care model, in which a doctor or health care provider is paid a fee for each service they perform. It’s a nonprofit entityAlthough Kaiser Permanente operates as a nonprofit entity, it generates billions of dollars in profit. “It’s time for Kaiser executives to invest those resources in addressing the desperate needs of Kaiser patients and frontline health care workers. August said in his experience at Kaiser Permanente, employees were “very proud” of their work.

Persons: Kaiser, ”, John August, Kaiser Permanente, ‘ I’m, ’ ”, Gerald Kominski, ” Kominski, It’s, “ Kaiser, Renee Saldana, “, Kominski Organizations: Los Angeles CNN —, Kaiser Permanente, Coalition, Kaiser Permanente Unions, of, UCLA Center for Health, Research, SEIU, UHW, Kaiser Locations: Kaiser, United States, Oakland , California, California , Colorado, of Columbia , Georgia, Hawaii , Maryland , Oregon, Virginia, Washington

☆ United States falls in measure of providing access to financial services
▼ + stars: | 2023-10-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnited States falls in measure of providing access to financial servicesFinancial inclusion means individuals and businesses have access to useful and affordable financial products. A country's employers, financial systems and governments are the pillars for what makes a system inclusive. The Centre for Economics and Business Research and Principal Financial Group researched 42 markets to create an index of financial inclusion that puts Singapore at the top spot for the second year. The U.S. now ranks fourth, falling from second place last year. CNBC's Sharon Epperson spoke exclusively with Principal Financial Group Chairman and CEO Dan Houston about financial inclusion and the U.S. position.

Persons: CNBC's Sharon Epperson, Dan Houston Organizations: Economics, Business Research, Financial Locations: States, Singapore, U.S

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