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☆ Can the Arts Be a Way Out? Or In?
▼ + stars: | 2023-05-02 | by ( ) www.nytimes.com time to read: +2 min

Hans Ulrich Obrist, artistic director, Serpentine Gallery; Ernesto Neto, artist; Giorgia Abeltino, senior director, Public Policy, Google Arts & Culture. Matthew Anderson: Hans Ulrich, we’ve been talking a lot about how the climate affects the content of the art. But as someone who leads an institution, I think there’s a growing awareness that the way that art museums, institutions, run is also itself kind of quite polluting, carbon-intensive. So at the moment, we’re working with Tomás Saraceno on a project where Tomás will switch off the air-conditioning for the summer. He’s also positioning a series of solar panels on the roof, and the videos will only work through that.

☆ 73% of millennials are living paycheck to paycheck, new report finds
▼ + stars: | 2023-04-28 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

In this article LC Follow your favorite stocks CREATE FREE ACCOUNTwatch nowSome good news: Overall, fewer Americans are living paycheck to paycheck. Nearly three-quarters, or 73%, of adults ages 27 to 42 are living paycheck to paycheck, LendingClub found. "It's no wonder that almost three quarters of them are living paycheck to paycheck." As of March, 66% of Gen Zers were living paycheck to paycheck — up from 58% a year ago, according to LendingClub. "Generation Z are more apt to face financially life-altering events such as job loss, making them more financially vulnerable than any other generation," Nayar said.

☆ Negative real wage growth likely to continue: University of Chicago's Tomas Philipson
▼ + stars: | 2023-04-21 | 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 EmailNegative real wage growth likely to continue: University of Chicago's Tomas PhilipsonTomas Philipson, professor at the University of Chicago, joins 'Closing Bell: Overtime' to discuss the debt ceiling, the Fed and inflation.

☆ Farallon steps up activism at biotech company Exelixis. Here’s what could happen next
▼ + stars: | 2023-04-15 | by ( Kenneth Squire | ) www.cnbc.com time to read: +9 min

Farallon is not an activist investor but will pursue an activist agenda when it feels forced to do so. As the strategy of shareholder activism has become more mainstream, it has been utilized by a larger breadth of investors. The firm has been a shareholder of Exelixis since 2018 and is just now going public with their concerns. Farallon would also like to see Exelixis commit to a much larger share repurchase program than the $550 million it has announced. Farallon is nominating only three directors to this board, and it befuddles us as to how Exelixis does not see this as a gift.

☆ MLB roundup: Ryan Mountcastle's 9 RBIs propel Orioles to win
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +11 min

Austin Hays also homered and went 4-for-5 as the Orioles won for the second night in a row. Kyle Schwarber hit a solo home run and Bryson Stott added two hits and two RBIs for Philadelphia. Guardians starter Hunter Gaddis (0-1) allowed eight runs on eight hits with three strikeouts and two walks in three-plus innings. Blue Jays 9, Tigers 3Alejandro Kirk hit a three-run home run and had four RBIs as Toronto won its home opener, beating Detroit. Detroit right-hander Matt Manning (1-1) allowed four runs on six hits with one walk and three strikeouts in six innings.

☆ Inside the 5-hour psychological interview that can make or break your career at Citadel, Blackstone, and other finance titans
▼ + stars: | 2023-04-10 | by ( Emmalyse Brownstein | Alex Morrell | ) www.businessinsider.com time to read: +16 min

ghSmartThe company's unusual but rigorous approach to screening job candidates has won it the trust of some of the finance industry's most competitive and coveted workplaces, as well as other blue-chip corporations. "That became the kernel for ghSmart," Smart recounted in a podcast interview. That means the ghSmart interview isn't something you can necessarily prepare for in the same way you might, for example, read up on certain stocks or industry trends. The company's team of psychologists spends hours drilling into each candidate's job and life experiences. Unlike some executive-search firms, ghSmart disconnects its fee from whether it fills the role.

☆ NHL roundup: Connor McDavid hits 150 points in Oilers' win
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +12 min

Tomas Hertl scored, and James Reimer made 29 saves for the Sharks, who have lost seven straight against the Oilers. McDavid notched his 150th point when he scored with 1:44 left in the opening period for a 2-1 lead. Jesper Bratt scored the lone goal and MacKenzie Blackwood made 38 stops for the Devils, who had won back-to-back games. Avalanche 4, Kings 3Denis Malgin scored two goals for visiting Colorado in a win against Los Angeles. Alex Nylander, Danton Heinen and Evgeni Malkin each scored a goal and Tristan Jarry made 19 saves for the Penguins.

☆ ‘The Last Quiet Place’ by Ingrid Laubrock Review: A Jazz Sextet’s Outsize Sound
▼ + stars: | 2023-04-06 | by ( Martin Johnson | ) www.wsj.com time to read: +1 min

Perhaps emblematic of complicated economic times, jazz musicians are doing more with less these days, especially when it comes to midsize ensembles. Drummer Tomas Fujiwara , guitarist Mary Halvorson , trumpeter Adam O’Farrill and saxophonist Anna Webber all lead midsize bands that are unusually expansive in their sound. Saxophonist and composer Ingrid Laubrock , a sometime collaborator of Ms. Halvorson’s, follows in this lineage with her new recording, “The Last Quiet Place” (Pyroclastic). Ms. Laubrock, who is 52 years old, chose her title after reading Elizabeth Kolbert ’s books “The Sixth Extinction” and “Under a White Sky.” The themes of global extinction and humanity’s impact on nature led Ms. Laubrock to consider ports of serenity, though they may be more internal than external. Although the saxophonist has participated in numerous sessions with performers who lean toward the softer side, the music here is lithe, sprawling and at times intensely spiky.

☆ Here's where to expect job growth in coming months: Univ. of Michigan professor
▼ + stars: | 2023-04-04 | 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 EmailHere's where to expect job growth in coming months: Univ. of Michigan professorBetsey Stevenson, former chief economist at the Labor Department, and Tomas Philipson, former CEA acting chair and Univ. of Chicago professor, joins 'Squawk Box' to discuss the interplay between sectors that overhired and those with labor shortages, why the labor market data is skewed and more.

☆ NHL roundup: Bruins clinch league's best record
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +7 min

Pastrnak took Hampus Lindholm's feed into the offensive zone and finished with the backhand for his 53rd goal of the season. Tyler Bertuzzi scored the lone Bruins goal of regulation, tying the game in the second period. Mario Ferraro had a goal and an assist and Oskar Lindblom and Tomas Hertl also scored for San Jose. Defenseman Henry Thrun, making his NHL debut after starring at Harvard, added two assists, and James Reimer finished with 23 saves. Blues 5, Blackhawks 3Brandon Saad scored one goal and set up another as St. Louis handed host Chicago its seventh straight loss.

[1/6] Jorge Pedro Armoa, 67, works with metal in one of his three jobs to beat Argentina's over 100% inflation rate, in 9 de Abril, in the outskirts of Buenos Aires, Argentina March 21, 2023. REUTERS/Tomas CuestaBUENOS AIRES, March 30 (Reuters) - As Argentina's over 100% inflation rate saps earning power and outstrips wages, Jorge Pedro Armoa, 67, has found a painful solution: juggling three jobs as a metal worker, soccer coach and part-time salesman of medical creams, flip flops and honey. So sometimes it's not enough," said Armoa, a metal mold factory worker who is the technical director of a local soccer team and funds his own small business. Armoa, even with his three salaries and income from his wife, a teaching assistant, often struggles to get by. "You have to put a positive face on things, good energy and think that tomorrow things will be better."

☆ Will the banking crisis cause a recession? It may depend on the 'wealth effect,' economist says
▼ + stars: | 2023-03-23 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

watch nowwatch nowThat leaves consumers with less access to cash to cover the rising cost of food, housing and other expenses. As households feel increasingly squeezed, that weighs on their confidence in the overall economic picture. What it takes to feel financially secureAmericans now say they would need an average net worth of $774,000 to feel "financially comfortable," but more than $2 million to feel "wealthy," according to Charles Schwab's annual Modern Wealth Survey. The University of Michigan's closely watched index of consumer sentiment recently fell for the first time in months. The Conference Board's consumer confidence index is also down, according to the latest data.

☆ Here's an exclusive look at the 12-slide pitch deck generative AI startup Sutro used to score $2.2 million in funding
▼ + stars: | 2023-03-23 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +3 min

Sutro helps non-technical users build apps, including their websites, mobile versions, and backends. Here's an exclusive look at the pitch deck it used to raise $2.2 million in seed funding from Eniac. Sutro also offers low-code tools that help its non-technical users inspect code for issues. Sutro is currently in beta and is accessible through a waitlist, mainly serving non-technical startup founders and small businesses so far. Here's an exclusive look at the 12-slide pitch deck Sutro used to raise $2.2 million in seed funding from Eniac Ventures and angel investors:

[1/7] A drone image of Mtauchira village shows the destruction caused by a mudslide where many people lost their lives, in the aftermath of Cyclone Freddy in Blantyre, Malawi, March 16, 2023. Tropical Cyclone Freddy has killed more than 400 people in Malawi, Mozambique and Madagascar since it first made landfall in Africa in late February and circled back to hit the region for a second time over the weekend. In Mozambique, some villages have been completely cut off since the cyclone made its second landfall on Saturday. At least 53 people have died in Mozambique and 326 in Malawi since the weekend, according to government figures. The storm had already killed about 27 people in Madagascar and Mozambique before it lashed Mozambique a second time.

[1/3] Young boys carry plastic as they look for items to salvage from the Nasolo river in Ndirande township in Blantyre, Malawi March 15, 2023. REUTERS/Eldson ChagaraBLANTYRE/MAPUTO, March 15 (Reuters) - Malawi and Mozambique were racing to rescue survivors from Tropical Cyclone Freddy on Wednesday as the death toll rose above 270 from one of the most powerful storms recorded in the southern hemisphere. In neighbouring Mozambique at least 21 people had died as of Tuesday, according to the disaster agency. The overall death toll since Freddy first made landfall in February is now estimated at more than 270 in Malawi, Mozambique and Madagascar. We've rescued thousands but thousands more are still unreachable," said disaster agency spokesperson Paulo Tomas by telephone from Quelimane.

TEGUCIGALPA, March 15 (Reuters) - Honduras' decision to seek official relations with China and cut them with Taiwan on Tuesday was about "pragmatism, not ideology," driven by rising debt and investment needs, Honduran Foreign Minister Eduardo Enrique Reina said on Wednesday. China does not allow countries to hold diplomatic ties with both itself and Taiwan as it claims Taiwan as its own territory with no right to state-to-state ties, which Taiwan disputes. Speaking on local television, Reina said Honduras was "up to its neck" in financial issues and debt - including the $600 million it owes Taiwan - and this had partly motivated Honduras' decision to open relations with China. Honduras' decision puts pressure on Taiwan ahead of a visit by Taiwan President Tsai Ing-wen to the U.S. and Central America. Honduras intends to keep trade ties with Taiwan, however, Reina added during his television appearance.

☆ Should you be worried about your money, your bank or the U.S. banking system? Experts weigh in
▼ + stars: | 2023-03-14 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

However, the unexpected shutdowns of Silicon Valley Bank and Signature Bank have many consumers concerned about their deposits, their bank and the U.S. banking system. Here, experts answer what a bank run is, how FDIC insurance works and whether your deposits are still secure. andresr | E+ | Getty ImagesThe short answer is "possibly," according to Stacy Francis, a certified financial planner and president and CEO of Francis Financial in New York. "This is happening, in part, because of the Federal Reserve's sharp rise in interest rates," Francis said. Further, "many banks are seeing large withdrawals from cash depositors who are looking [for higher rates] to make more money," Francis added.

☆ Swedbank books $3.7 mln provision over US investigation
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +1 min

OSLO, March 10 (Reuters) - Swedbank (SWEDa.ST) will book a provision of 40 million Swedish crowns ($3.72 million) related to an investigation by the U.S. Office for Foreign Assets Control (OFAC) over the bank's "historical shortcomings", the bank said on Friday. The U.S. Treasury's OFAC is investigating "transactions that the bank has notified the authority about", Swedbank said in a statement. "Swedbank is holding separate discussions with them through our U.S. legal advisors," it added. The investigations are at different stages and the bank cannot at this time determine any financial consequences, nor when the investigations will be completed. ($1 = 10.7476 Swedish crowns)Reporting by Terje Solsvik, editing by Essi LehtoOur Standards: The Thomson Reuters Trust Principles.

☆ NHL roundup: Stars rally, but Flames pull out late win
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +5 min

Nazem Kadri, Jonathan Huberdeau and MacKenzie Weegar each collected two assists, and goalie Jacob Markstrom made 29 saves. Sharks 3, Jets 2 (OT)Logan Couture scored in overtime after assisting on Tomas Hertl's late game-tying goal as San Jose outlasted host Winnipeg. Senators goalie Mads Sogaard made 16 saves on 21 shots after being pressed into action when Cam Talbot was scratched due to a lower-body injury. Kings 4, Capitals 2Adrian Kempe had a goal and an assist for Los Angeles in a win against visiting Washington. Luke Evangelista scored two goals and Colton Sissons also scored for the Predators, whose two-game win streak ended.

☆ NHL roundup: Bruins bounce Rangers for 10th straight win
▼ + stars: | 2023-03-05 | by ( ) www.reuters.com time to read: +9 min

At the end of a board battle behind Elliott in the second period, Hinostroza one-timed his second goal off a pass from Casey Mittelstadt at 5:35 for Buffalo's first lead. Captain Dylan Larkin scored in the second period and Magnus Hellberg made 32 saves for the Red Wings, who have lost five straight games (0-4-1). Bennett, who had missed six straight games, scored one goal. Capitals 8, Sharks 3Craig Smith scored twice in Washington's four-goal second period and the visitors rallied for a win against San Jose. Predators 3, Blackhawks 1Philip Tomasino, Tyson Barrie and Colton Sissons scored for visiting Nashville in a win against Chicago.

☆ Medvedev ends Djokovic run to book Dubai final with Rublev
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: +3 min

March 3 (Reuters) - Daniil Medvedev handed Novak Djokovic his first defeat of the year, beating the world number one 6-4 6-4 on Friday to reach the Dubai Tennis Championships final where he plays holder Andrey Rublev for a third title in as many weeks. Every time you play Novak, it's physically tough. Earlier, Russian Rublev reached the final with a first career victory against Alexander Zverev, closing out a 6-3 7-6(9) win on his sixth matchpoint. "I was thinking it was going to be a third set," Rublev, who will be gunning for his 13th ATP title on Saturday, said. But a determined Rublev recovered from a dip in his level to ensure there was no late drama.

☆ NHL roundup: Connor McDavid's historic multi-goal streak hits 5
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +4 min

McDavid has scored two goals in each of the past five games and has an NHL-leading 52 for the season. Klim Kostin and former Maple Leaf Zach Hyman added a goal and an assist for the Oilers, who had lost their previous two games. Mitchell Marner logged a goal and an assist for the Maple Leafs, who had a three-game winning streak end. Owen Tippett and Scott Laughton scored one goal apiece for the slumping Flyers, who have dropped four in a row. Jordan Staal and Martin Necas scored goals for Carolina, which took its second straight loss.

☆ Scientists studied flamingo personalities and discovered the pink birds form cliques like high schoolers
▼ + stars: | 2023-03-02 | by ( Adam Barnes | ) www.businessinsider.com time to read: +6 min

More submissive birds hung out with each other whereas louder, outgoing birds had their own groups. Understanding flamingo social structure could help zoo keepers when moving birds between zoos. Why flamingos form cliquesFlamingos form long-lasting friendships that can last for years. How understanding Flamingos' social behavior could help zoosThe new research could help inform zoo keepers and keep flamingos happier. Zookeepers could help flamingos' social lives by keeping friends together.

[1/5] An employee prepares online grocery orders in the storage area of Czech online grocer Rohlik Group in Prague, Czech Republic February 1, 2023. HUGE GROWTH POTENTIAL Rohlik, founded in 2014, leads the Czech market by mainly targeting customers in big cities through its string of distribution warehouses. "Competition is still mainly driven by stationary retail but a small number of online grocery players are gearing up in each market to become leading e-grocery platforms." KOSIK TURNS EASTAs Rohlik bets on Germany, Kosik is looking eastward, entering the Slovak market and expanding in Bulgaria. CEO Ivan Utesil said the company would also seek to cut into Czech market share by capitalising on its tie-in with German wholesaler Metro (B4B.DE) in some regional areas.

☆ Djokovic powers past Griekspoor into Dubai quarter-finals
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +3 min

[1/3] ATP 500 - Dubai Tennis Championships - The Dubai Duty Free Tennis Centre, Dubai, United Arab Emirates - March 1, 2023 Serbia's Novak Djokovic in action during his round of 16 match against Netherlands' Tallon Griekspoor REUTERS/Amr AlfikyMarch 1 (Reuters) - Novak Djokovic stormed into the quarter-finals of the Dubai Tennis Championships on Wednesday with a 6-2 6-3 thrashing of Tallon Griekspoor, swiftly returning to his best form at a tournament he has won five times. A day after being taken to three sets by Czech qualifier Tomas Machac, Djokovic was back to his ruthless best and blasted past a shell-shocked Griekspoor to take the first set with two breaks of serve. Griekspoor managed to win a game and world number one Djokovic dropped serve with a double fault before sealing victory in style. Yesterday, I really had to work hard to get a win," Djokovic said. I have no words to describe it," Rublev, who has saved match points en route to victory three times this season, said.

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