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Colombian-born Kugler, whose research has focused on labor markets, is the first Latina to join the Fed Board in its 109-year history. The vote was 53-45, with a few Republicans supporting a nomination that was championed by Democratic Senator Bob Menendez. The Senate on Wednesday also confirmed Fed Governor Philip Jefferson as Fed vice chair and Fed Governor Lisa Cook to a second term. Jefferson's success as vice chair will hinge on his ability to help Powell manage that process. Reporting by Ann Saphir; Editing by Paul Simao and Timothy GardnerOur Standards: The Thomson Reuters Trust Principles.
Persons: Adriana Kugler, Jonathan Ernst, Kugler, Bob Menendez, Menendez, Philip Jefferson, Lisa Cook, Cook, Jerome Powell, Powell, Michael Feroli, Jefferson, she'll, Derek Tang, Tang, Ann Saphir, Paul Simao, Timothy Gardner Organizations: Federal Reserve, of Governors, Capitol, REUTERS, U.S, Senate, Bank, Fed Board, Democratic, Wednesday, Jefferson, JPMorgan, Fed, Thomson Locations: Washington , U.S, Cuban, United States, U.S
Fundraising and deal-making have dropped sharply at European private debt funds, new data shows. Faisal Ramzan, a partner at law firm Proskauer Rose who advises private credit funds, said he was not seeing default. "There's plenty of dry powder," said Fidelity International's head of private credit strategies Michael Curtis, referring to capital raised already. Joanna Layton, managing director of European private credit at Alcentra, one of Europe's largest private debt managers, added there was "no rush" to deploy capital. High rates have also made private credit less appealing to institutional investors, analysts said.
Persons: Henry Nicholls, Francesco Sandrini, BoE, Andrew Cruickshank, Cruickshank, Pictet, Patrick Marshall, Faisal Ramzan, Proskauer Rose, Michael Curtis, Joanna Layton, Mark Brenke, Ardian, Chris Sier, Sier, Dhara Ranasinghe, Catherine Evans Organizations: City, REUTERS, Reuters Graphics Reuters, The Bank of, European Central Bank, Graphics, Deloitte, Fitch, Federated Hermes, Fidelity International, ClearGlass, Thomson Locations: London's, London, Britain, The Bank of England
CNN —Mexico seems set to elect its first female president in next year’s election after the country’s leading parties both unveiled women candidates. Sheinbaum is a former mayor of Mexico City who has long been considered a favorite to get the nomination. Born in Mexico City in 1962, Sheinbaum has a degree in physics and a PhD in energy engineering. Senator Xóchitl Gálvez, opposition candidate for Mexico's 2024 presidential election, speaks at the Angel of Independence monument, in Mexico City, on Sunday. From 2015 to 2018, she served as the mayor of the Miguel Hidalgo borough in Mexico City.
Persons: Morena, Claudia Sheinbaum, Xóchitl Gálvez, Andrés Manuel López Obrador, Sheinbaum, Obrador, Gálvez, Marco Ugarte, López Obrador, , ” Gálvez, Miguel Organizations: CNN, Sunday, Mexico City, Frente Amplio, Institutional Revolutionary Party, Twitter, PRI, National Action Party, PAN, Democratic Revolution Party, Español, Senate, Federal Locations: Mexico, Mexico City, Frente Amplio Por Mexico, Morena, Miguel Hidalgo
The Israeli team emphasised that they were a long way from being able to create an embryo from scratch. "The question is, when does an embryo model become considered an embryo? At the moment we are really, really far off from that point," said team leader Jacob Hanna. "None of these models fully recapitulate natural human development but each adds to ways in which many aspects of human development can now be studied experimentally," she said. The study raises some ethical questions over the possibility of potential future manipulation in human embryo development, Hanna and others noted.
Persons: Mehmet Yunus Comar, Jacob Hanna, Hanna, Magdalena Żernicka, Goetz, Rami Amichay, Ari Rabinovitch, Mark Heinrich Our Organizations: Weizmann Institute of Science, Israel's Weizmann Institute of Science, International Society for Stem Cell Research, University of Cambridge, Thomson Locations: Rehovot, Israel, Boston
[1/3] Fed Governor Philip Jefferson testifies before a Senate Banking Committee hearing on his nomination to be the Federal Reserve's next vice chair, on Capitol Hill in Washington, U.S., June 21, 2023. Senators also confirmed Fed Governor Lisa Cook to a fresh 14-year term at the central bank, though they did so in a 51-47 vote that broke along partisan lines. Both Jefferson and Cook have a PhD in economics and became Fed governors in May of 2022 after long careers in academia. The U.S. central bank's vice chair, whose term is four years, also traditionally serves as the Fed chief's go-to official on policy communications, underscoring key messages and clarifying potential misinterpretations. The confirmations of Jefferson, Cook and Kugler would make the board the most diverse in the central bank's more-than-100-year history.
Persons: Philip Jefferson, Jonathan Ernst, Lisa Cook, Cook, Jerome Powell, Powell, John Williams, Adriana Kugler, Jefferson, Kugler, Ann Saphir, Chizu Nomiyama, Andrea Ricci, Paul Simao Organizations: Federal, Capitol, REUTERS, U.S, Senate, Federal Reserve, Senators, Jefferson, New York Fed, World Bank, Fed, Latina, Thomson Locations: Washington , U.S, U.S
I'm living proof you don't need a certain college major to do alright in life. The question of whether your college major matters (if you even have one) is similar to the question of whether having a degree at all matters in that the answer is yes and no. When your major really mattersThere are certainly jobs that require specific degrees. But there are also plenty of jobs that don't require specific degrees. If you're like I was and wondering if your major is going to pay off in the long run, fear not.
Persons: — I've, gainfully, I've, didn't, Mark Zuckerberg, Oprah Winfrey, John Legend, Mayim Bialik, she'd, Kouakou, Christine Cruzvergara, Gen, they're, Cruzvergara Organizations: Sarah Lawrence College, University of Pennsylvania, University of California, Quinnipiac University, CNBC Locations: Los Angeles
CNN —A Chinese-Australian writer who has been detained in China for more than four years said he fears he could die in jail, after a large cyst was found on his kidney. Yang Hengjun, an Australian citizen and democracy activist, was detained in 2019 during a visit to see family in China and charged with espionage – accusations Yang has denied. “Yang Hengjun has been subjected to arbitrary detention in China by Chinese secret police for more than four years and his life is in danger,” he said. Yang is one of two Australians currently detained in China. Cheng Lei, an Australian TV anchor who worked for China’s state broadcaster CGTN, is accused of illegally supplying state secret overseas and has been detained for three years.
Persons: Yang Hengjun, Yang, ” Yang, Feng Chongyi, “ Yang Hengjun, , , , Anthony Albanese, Xi Jinping, ” Albanese, Cheng Lei Organizations: CNN, University of Technology, Australian, Group, Chinese Foreign Ministry, CGTN Locations: Australian, China, Beijing, won’t, Sydney, New Delhi, United States
Stringer/AFP/Getty Images“Invisible age discrimination for 35-year-olds has always existed in the workplace,” lawmaker Jiang Shengnan told the gathering, reported state-run China Youth Daily. “Although I had really good work experience and a master’s degree, I’m really uncompetitive after 35 years old,” Tao Chen said in his Douyin video. New twist on an old storyFor many Chinese women, the “curse” builds upon and further compounds the entrenched gender discrimination that has long plagued the workplace. And even in areas where some protection was offered – such as for mothers taking maternity leave – enforcement of the law is weak, and gender discrimination remains common, she said. Costfoto/NurPhoto/Getty Images“A large amount of age discrimination is intersectionality – discrimination of age, gender, pregnancy, and caregiving duties,” said the assistant professor.
Persons: Han, She’s, , , don’t, , Stringer, Jiang Shengnan, hadn’t, Tao Chen, ” Tao Chen, Liu, ” Liu, Yiran Zhang, Zhang, Liu – Organizations: Hong Kong CNN, CNN, Communist Party, Getty, Central Party School, Chinese Communist Party, Xinhua, ageism, Sichuan University, Cornell Law School, Employees Locations: Hong Kong, Beijing, China, Congjiang, AFP, Xinhua, , Shenzhen, Suqian, Shenzhen –
The milestone marks a huge accomplishment for its nascent space program, which has made steady progress over the years. China also boasts a human spaceflight program with an operational space station, including crew and cargo transport spacecraft. Indranil Mukherjee/AFP/Getty ImagesIn the International Space Station (ISS) partnership, the US, Europe, Japan and Canada also continue to move forward with space exploration. Instead of expanding, its space program has been in decline for several years. The lamentable state of Moscow’s space program is just the latest confirmation of that.
Persons: Leroy Chiao, Yuri Gagarin, John F, Vladimir Putin, Putin, , Luna, Indranil Mukherjee, Artemis, Jeff Bezos, Sergei Krikalev, Dmitry Rogozin, Nick Hague, Organizations: NASA, Russian Soyuz, International, CNN, Leroy Chiao CNN, Sputnik, Republicans, Russian Luna, Getty, Space, SpaceX, Soviet Union, ISS, Expedition, Space Shuttle, Twitter, Facebook, Progress, Soyuz, Luna Locations: Russian, what’s, India, Delhi, Soviet Union, United States, Moscow, Russia, America, Ukraine, Asia, China, Mumbai, US, Europe, Japan, Canada, West, Soviet, Columbia
Hinge is hiring a VP of artificial intelligence to oversee the app's AI strategy. The job listing comes as dating apps integrate AI into their platforms to help users find matches. Dating app Hinge is on a quest to become an "AI-First company" — and leading the charge will be an AI executive who could earn up to $398,000 a year. In addition to hiring a VP, Hinge is looking for a senior engineering manager for its AI platform, who could earn up to $263,000 a year. Some dating app users are taking matters into their own hands and using AI tools like ChatGPT to generate their profile bios and conversation starters — though the results haven't always been happily ever after.
Persons: Ben Celebicic Organizations: Morning, Match Group Locations: New York
She's long grappled with her two loves, acting and astronomy, spending 11 years acting before getting her Ph. Shields said her acting experience helped her break free of the stereotypes she faced as a woman of color in science. D. program in astrophysics. D. program. D. program.
Persons: Aomawa Shields, Shields, astrobiologist, Kelly McGillis, Charlotte Blackwood, I'd, didn't, I've, Spitzer, Organizations: Service, UC Irvine, Blue Angels, Miramar Air Force Base, Diego's La Jolla Playhouse, MIT, Lowell Observatory, Madison, PBS, University of Washington Locations: America, Wall, Silicon, San Diego, Shields, Miramar, Diego's, . Wisconsin, Los Angeles, grad
He is looking for research engineers, scientists, and managers. Working closely with research engineers, research scientists are responsible for advancing OpenAI's alignment research agenda. The research manager position oversees the research engineers and research scientists. An ideal candidate for the leadership role, Leike said, would have a combination of management experience and machine learning skills. OpenAI isn't just hiring for its superalignment team.
Persons: Jan Leike, , we'll, Leike, OpenAI's, OpenAI Organizations: OpenAI, Research Locations: OpenAI
After nearly ten years of travel, Pedersen successfully visited his 203rd and final country, the Maldives, and began his long-awaited voyage back to Denmark. In early 2020, the intrepid traveler suddenly found himself stuck in Hong Kong for two years with just nine countries left. “I look back at Hong Kong, and it’s a bit of a paradox. Next came a 16-day journey back to Hong Kong, where he returned to hotel quarantine for another two weeks. Pedersen in Hong Kong, where he spent an unexpected two years during the pandemic.
Persons: Torbjørn, Thor ” Pedersen, Pedersen, He’d, ” Pedersen, , , Le, I’ve, He’s, , ’ ”, Maxime Champigneulle, Gunnar Garfors, it’s, It’s, you’ve, he’s, “ There’s, Mike Douglas Organizations: CNN, CNN Travel, Maersk, , Port, Le, UN, Danish, Hong, Denmark, Pacific, Tonga, National Museum, Ross Energy, Aarhus . Port Locations: Denmark, Maldives, Danish, Malaysia, Sri Lanka, Aarhus, Kenya, Colombia, Australia, Norway, Guinea, Equatorial Guinea, Mongolia, Pakistan, Syria, Iran, Nauru, Angola, Ghana, Iceland, Canada, Hong Kong, Everest, Palau, New Zealand, Samoa, Tonga, Vanuatu, Pacific, Tuvalu, Fiji, Singapore, Malé, Norwegian, Aarhus ., Aarhus What’s, Suez, Germany
The data comes from long-lost ice cores obtained during a secret army mission during the Cold War. Grabbing ice cores for scientists to study served as a perfect cover for their real intention, burying nuclear missiles within Greenland's ice sheet, in a scheme known as Project Iceworm. Along with the ice, scientists grabbed 12 feet of sediment that sat beneath the ice sheet. "The ancient frozen soil from beneath Greenland's ice sheet warns of trouble ahead," Bierman and co-author Tammy Rittenour wrote in The Conversation. Essentially, in the coming centuries, climate change will cause the Greenland ice sheet to melt completely, the researchers said.
Persons: Paul Bierman, Bierman's, Andrew Christ, Josh Brown, Bierman, Tammy Rittenour, Kasl, David Atwood, Emilio, It's Organizations: Service, University of Vermont, U.S . Army, Oceanic Locations: Greenland, Danish, U.S, Miami, Manhattan
Over the course of the holiday break last year, Tian built what would become the main tool for his startup, GPTZero. They became some of the earliest adopters of GPTZero, Tian explained. "You have to imagine, this is before TurnItIn even knew what AI detection was, and OpenAI wasn't considering this at all either," Tian said. As customer and media interest grew in GPTZero, Tian realized he had built something that could be a full-fledged startup. Tian and the GPTZero team acknowledge that errors can happen with GPTZero as well, but that focusing on "human" detection can be one way around it.
Persons: Edward Tian, he's, He's, Tian, Bard, TurnItIn, OpenAI, Alex Cui, Cui, Jack Altman's, Emad Mostaque, Tom Glozer, Mark Thompson, GPTZero, Greylock's Asheem, graf, It's, they've, we've Organizations: Princeton, Princeton University, NPR, Educators, BBC, University of Toronto, Uncork Capital, Altman, New York Times, Microsoft Locations: British, GPTZero, Uganda, Kenya
REUTERS/Dado Ruvic/IllustrationLONDON, July 28 (Reuters) - Corporate credit quality is weaker than financial markets currently price in, while defaults are likely to pick up in the second half of the year, a report by Janus Henderson Investors said on Friday. Tighter lending standards, higher refinancing costs and a slowing economy would take their toll on the credit quality of corporates, the report said. This suggests that defaults could pick up in the second half, even if the pace of defaults is slower than in previous cycles, it added. Additionally, a recent trend of small businesses being forced to file for bankruptcy is likely to spread more broadly into capital markets, Janus Henderson noted. "As recession fears scaled back, markets have been pricing in a more muted credit default cycle.
Persons: Dado Ruvic, Janus Henderson, Jim Cielinski, Chiara Elisei, Dhara Ranasinghe, Conor Humphries Organizations: REUTERS, Janus Henderson Investors, P Global, U.S, Casino, Thomson Locations: industrials
[1/2] El Salvador's President Nayib Bukele speaks during a ceremony to lay the first stone of a new public hospital, in San Salvador, El Salvador June 15, 2023. El Salvador has been under a state of emergency for 16 months, sparking the arrest of over 71,900 alleged gang members. Opposition politicians and rights groups say group trials risk depriving detainees of their right to due process and their individual presumption of innocence. On July 14 at the Inter-American Commission on Human Rights, rights organizations denounced the deaths of 174 people in state custody and over 6,400 documented human rights abuses during the state of emergency. Reporting by Nelson Renteria in San Salvador; writing by Sarah Kinosian; Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Nayib Bukele, Jose Cabezas, Nayib Bukele's, Gustavo Villatoro, Manuel Melendez, Ingrid Escobar, general's, Nelson Renteria, Sarah Kinosian, Matthew Lewis Organizations: El, San Salvador , El, REUTERS, SALVADOR, Central American, Justice, Salvadoran, Harvard University, Legal, Inter, American, Human Rights, Lawmakers, Thomson Locations: San Salvador ,, San Salvador , El Salvador, El Salvador, San Salvador
Hong Kong CNN —China has a new central bank governor. He replaced Yi Gang, who took office in March 2018, when China’s longest-serving central banker Zhou Xiaochuan stepped down after a 15-year tenure. He was previously a deputy governor of the PBOC and has served as head of China’s foreign exchange regulator since 2016, managing currency reserves worth $3.18 trillion. In China’s political system, the Communist Party boss is usually the top official in the relevant organization, be it a level of government or a public institution. In March, Beijing created a powerful financial watchdog run by the Communist Party, named the Central Financial Commission, as part of a broad reform of governing bodies to strengthen the party’s oversight of economic affairs.
Persons: Pan Gongsheng, Yi Gang, Zhou Xiaochuan, Xi Jinping, Xi, , Ken Cheung, Zhou Organizations: Hong Kong CNN, People’s Bank of China, Communist Party, Renmin University of China, Cambridge University, Harvard University, Xinhua, Mizuho Bank, Central Financial Commission, Financial Regulatory Locations: Hong Kong, China, Beijing
Manhattan Project: After a harrowing escape from Nazi-occupied Denmark in 1943, Bohr began consulting on the Manhattan Project. Manhattan Project: Between 1943 and 1944, Muller was a civilian advisor for the Manhattan Project, consulting on experiments studying the effects of radiation. Maria Goeppert Mayer, Nobel Prize in Physics, 1963Maria Goeppert Mayer worked on the Manhattan Project and later won the Nobel Prize in physics. Manhattan Project: Working as an assistant to his father, Niels Bohr, Aage Bohr proved instrumental in interpreting for some members of the Manhattan Project. Manhattan Project: At 18, Glauber was still a student at Harvard when he became one of the youngest scientists to join the Manhattan Project.
Persons: Robert Oppenheimer, Alfred Nobel, Joseph Rotblat, Albert Einstein, Christopher Nolan's, Oppenheimer, Niels Bohr, Bohr, Nicholas Baker, Nick, James Franck, Boyer, Roger Viollet, Gustav Ludwig Hertz, Niels Bohr's, Franck, Arthur Compton, Imagno, Compton, Harold Urey, Harold, Urey, James Chadwick, Chadwick, Enrico Fermi, Fermi, Ernest Lawrence, Lawrence, Isidor Isaac Rabi, Nancy R, Schiff, Rabi, Hermann Muller, Muller, Edwin McMillan, Bettmann, Glenn Seaborg, McMillan, Elsie McMillan, Seaborg, Felix Bloch, Edward Purcell, Nobel, Hans Bethe, Bloch, Purcell, Emilio Segrè, Owen Chamberlain, Chamberlain, Segrè, Willard Libby, Leona Libby, Lowell, Libby, Linus Pauling, Leona Woods Marshall Libby, Eugene Wigner, Wigner, Leo Szilard's, Einstein, Franklin D, Roosevelt, Maria Goeppert Mayer, J, Hans Jensen, Goeppert Mayer, Teller, Richard Feynman, Tomonaga, Julian Schwinger, Fenynman, Hans Bethe's, Feynmwan, Feynman, Schwinger, Robert Mulliken, Mulliken, Szilard, Hans A, Bethe, Luis Alvarez, Alvarez, Enola Gay, Walter Alvarez, James Rainwater, Aage Bohr, Ben Mottelson, Rainwater, Wu, Aage Niels Bohr, Mottelson, mumbled, Val Fitch, James Cronin, Fitch, Jerome Karle, Isabelle, Larry Morris, Herbert Hauptman, Karle, Isabella Karle, Norman Ramsey, Ellie Welch, Ramsey, Norman Ramsey's Nobel, David Cheskin, Rotblat, Russell, Bertrand Russell, Enstinen, Frederick Reines, Philippe Caron, Sygma, Reines, Roy Glauber, Gail Oskin, Glauber Organizations: Manhattan Project, Service, Manhattan, US Army, AP, Getty, University of Chicago's Metallurgical Laboratory, Chicago Met, Los Angeles Examiner, USC, Columbia, Keystone, Gamma, Columbia University, University of Chicago, Trinity Test, University of California, Lawrence Berkeley National Laboratory, Lawrence Livermore National Laboratory, Hulton, Trinity, Deutsch, Los Alamos, University of Chicago's Metallurgical, Atomic Energy Commission, Harvard University, MIT Rad Lab, Denver, Chicago Met Lab, Materials Laboratory, Los, Radiation Laboratory, MIT, University of Chicago's, Princeton University, Naval Research Lab, Washington, US Naval Research Laboratory, Science, World Affairs, Einstein, Los Alamos National Laboratory, Harvard, Institute for Locations: Wall, Silicon, Polish, Denmark, Copenhagen, Nazi, London , Washington, Los Alamos, German, Germany, Japan, Manhattan, British, France, Washington, DC, Berkeley, Ridge , Tennessee, Los, New Mexico, Hanford, antiprotons, Hiroshima, Lowell Georgia, San Diego, Chicago, Washington ,
“In the next few years, the main impact of AI on work will be to help people do their jobs more efficiently,” Microsoft co-founder Bill Gates said in a blog post recently. Big Tech companies are now rushing to jump on the AI bandwagon, pledging significant investments into new AI-powered tools that promise to streamline work. News outlet CNET had to issue “substantial” corrections earlier this year after experimenting with using an AI tool to write stories. Others like Clarke, the publisher, have tried to combat the fallout from the rise of AI by relying on more AI. “You listen to these AI experts, they go on about how these things are going to do amazing breakthroughs in different fields,” Clarke said.
Persons: hasn’t, Neil Clarke’s, Clarke, , ” Clarke, “ It’s, ChatGPT, Bill Gates, it’s, Shakked, Neil Clarke, Lisa R, Clarke Mathias Cormann, ” Cormann, ’ Ivana Saula, Saula, ” Saula, , Gizmodo Organizations: CNN, Microsoft, Big Tech, Massachusetts Institute of Technology, MIT’s Department of Economics, Clarkesworld Magazine, Organization for Economic Co, Development, “ Workers, International Association of Machinists, Aerospace Workers, ” Workers, CNET, Star Locations: Shakked Noy, MIT’s, newsrooms
[1/2] General Hun Manet, son of Cambodia's Prime Minister Hun Sen holds a party flag as he attends a kickoff of an election campaign rally for the upcoming national election in Phnom Penh, Cambodia, July 1, 2023. The political debut of Hun Manet, 45, marks one of the final steps in a decades-long grooming process that is expected to end with him succeeding his father as prime minister. For some, Hun Manet represents a young, fresh face who will further develop Cambodia. He recently hosted Hun Manet as an AmCham guest of honour. In 2019 and 2020, Hun Manet met three foreign leaders, the Lowy Institute think tank said.
Persons: Hun Manet, Cambodia's, Hun Sen, Cindy Liu, Hun, Anthony Galliano, Hun Manet's, liberalize, spokespeople, Hun Sen's, Sam Rainsy, feudalistic, Manet, Lee Morgenbesser, he's, Morgenbesser, I've, , Clare Baldwin, Kay Johnson, Robert Birsel Organizations: REUTERS, Cambodian, Cambodia People's Party, National Assembly, Cambodia, ASEAN Parliamentarians, Human Rights, Reuters, U.S, New York University, University of Bristol, ABC, Griffith University, Royal Cambodian Armed Forces, Lowy Institute, Thomson Locations: Phnom Penh, Cambodia, Thai, West, Southeast Asia, Western
It echoes 1,000 years of antisemitic conspiracy theories that Jews are responsible for, yet somehow immune to, plagues and disease – beliefs that led to actual Jews being murdered by angry mobs. No, of course, we’re in Washington, DC, where politics dictates how antisemitism is, or isn’t, tolerated by those with something to gain from it. Really, it was only a matter of time before RFK Jr. stumbled into overt antisemitism. Without exaggeration, many of my Jewish friends have remarked that this mainstreaming of antisemitism reminds them of 1930s Germany. There is no equivalence between a strident anti-Israel remark and the resurrection of age-old antisemitic conspiracy theories.
Persons: Rabbi Jay Michaelson, Jay Michaelson Beowulf Sheehan, weren’t, Pramila Jayapal, Robert F, Kennedy, Jr, Jayapal, Kennedy Jr, John Lamparski, Joe Biden, Jay Michaelson, Kennedy’s, George Soros, MAGA, Nick Fuentes, Marjorie Taylor Greene’s, , Adolf Hitler Organizations: CNN, Rolling Stone, US Rep, Republicans, RFK, Democratic, Democrats, RFK Jr, Synagogue, for Disease Control, National Institute of Health, Homeland Security, FBI, CIA, Twitter, Facebook, MAGA Republicans, Georgia GOP, Washington DC Locations: Israel, we’re, Washington , DC, Pittsburgh, America, Georgia, California, Rothschild, Hollywood , New York, Germany
LONDON, July 18 (Reuters) - The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resilient credit markets. Now, long-feared corporate debt woes are starting to hit home, while more companies are being downgraded to a junk credit rating - facing higher borrowing costs as a result. Retailer Casino, with 6.4 billion euros ($7.19 billion) of net debt, is in court-backed talks with creditors; Britain's Thames Water is in the headlines with its 14 billion pound ($18.32 billion) debt pile. For FACTBOX: Corporate debt woes are on the rise, click here. Nonetheless, not all firms may be able to survive the challenges of vast debt, higher interest and business costs and declining profits.
Persons: Julius Baer's, Markus Allenspach, Guy Miller, Miller, it's, Aymen Mahmoud, McDermott Will, Emery, Elena Lieskovska, Chiara Elisei, Dhara, Christina Fincher Organizations: SBB, P Global, U.S, Reuters, ICE, Zurich Insurance, ABN AMRO, European Central Bank, London Finance, Bain Capital, Thomson Locations: Swedish, Spain, Europe
Neuroscientists explain how they keep healthy brains with regular exercise, enough sleep, and more. Keeping your brain healthy is important for delaying neurodegenerative conditions like Alzheimer's. But there's a lot more to keeping the brain healthy and the science behind it. Try new thingsExposing yourself to new people, places, and challenges can keep your mind sharp, improve brain plasticity and strengthen your brain, Shepherd said. "Your brain is not somehow totally separate from your body, so things that are helpful for your body are also good for your brain," Lerner said.
Persons: Neuroscientists, Emily McDonald, McDonald, Jason Shepherd, Talia Lerner, Shepherd, Sleep, Lerner Organizations: Service, University of Utah, Northwestern University, Research Locations: Wall, Silicon
It also happens to be the most important skill every therapist needs to be good at their job: reflective listening. But there's one powerful tool we teach that can be used not just in your intimate relationships, but with friends, family and even coworkers. The goal of reflective listening isn't to solve the problem for the other person, but rather for them to feel validated and heard. Begin the conversation with the person who has the object; the other person doesn't get to talk until they're handed it. Pepper Schwartz, PhD, is a sexuality expert and co-author of "Relationship Rx: Prescriptions for Lasting Love and Deeper Connection."
Persons: we've, they've, Jessica Griffin, Jessica, Pepper Schwartz, Pepper Organizations: University of Massachusetts Chan Medical, Twitter, University of Washington Locations: PsyD, Seattle
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