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Only a small share of employees work fully remotely. During the pandemic, many departments allowed more staffers to telecommute — though about half of federal employees continued to work fully in person. Looking at all federal employees, nearly 80% of the hours they work are in person, the OMB report found. “I don’t think you can just eliminate a quarter or half of federal employees on an ad hoc basis without paralyzing the government,” he said. It could also prompt talented federal employees to seek jobs in the private sector.
Persons: CNN — Elon Musk, Vivek Ramaswamy, Ramaswamy, Donald Trump, , telecommute, Fareed Zakaria, Everett Kelley, Brian Riedl, , ” Riedl Organizations: CNN, Management, Department of Government Efficiency, OMB, Federal, Department of Agriculture, Homeland Security, Treasury, General Services Administration, Education, Housing, Urban, Treasury Department, American Federation of Government Employees, District of Columbia, Department of Veterans Affairs, Border Patrol, Transportation Security Administration, Congressional, Manhattan Institute Locations: State, Interior
Isla Puting Bato sits in the district of Tondo, which is Manila’s largest slum area home to roughly 654,220 people. Jam Sta Rosa/AFP/Getty ImagesThere have been no immediate reports of casualties. Manila Mayor Maria Sheilah “Honey” Lacuna-Pangan visited Isla Puting Bato on Monday and spoke with survivors who spent the night in makeshift tents. Jam Sta Rosa/AFP/Getty ImagesA firefighter carries a dog rescued from a fire in a slum area in Manila. Jam Sta Rosa/AFP/Getty Images
Persons: Sta Rosa, Elvira Valdemoro, , Maria Sheilah, Don’t, Lisa Marie David, Aaron Favila, Santo Niño Organizations: CNN, Management Office, Manila Fire, Authorities, Philippine Air Force, Getty, Reuters, Manila, Reuters Residents Locations: Philippine, Manila, Isla Puting Bato, Tondo , Manila, Puting Bato, Tondo, AFP
Adani CFO says U.S. charges linked to only one business contract
  + stars: | 2024-11-24 | by ( ) www.cnbc.com   time to read: +2 min
Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaking at the World Congress of Accountants in Mumbai on November 19, 2022. A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10% of its business, and no other firms in the conglomerate are accused of wrongdoing, the group's CFO said on Saturday. The allegations in the U.S. indictment relates to "one contract of Adani Green, which is roughly 10% of overall business of Adani Green", Singh said on X. Adani, which has several other global projects, is also charged with misleading U.S. investors about Adani Green's compliance with antibribery principles and laws. The charges also put the spotlight on Sagar Adani, a director at Adani Green and millennial scion of the company who kept track of hundreds of millions of dollars of alleged bribes to Indian officials on his mobile phone.
Persons: Gautam Adani, Adani, Jugeshinder Singh, Singh, Hindenburg, Sagar Organizations: Adani, World, Accountants, Energy, U.S, Indian Energy Locations: Mumbai, U.S, Adani, Kenya, United States
AdvertisementWe live in Asheville, and after Hurricane Helene, my kids wanted to donate toys. After watching the episode "Making Room for a Baby," I desperately wanted to "clean up my life," both metaphorically and physically. The labor of tossing out items that no longer "sparked joy" unironically did just that: sparked joy and gave me a renewed sense of hope for the future. To help our daughters better understand the scope of the damage, we drove through the decimated areas of town. AdvertisementI explained the basic idea: We would go through each individual item one by one and ask ourselves if it sparked joy.
Persons: Hurricane Helene, Marie Kondo, cranny, unironically, let's, Let's Organizations: Netflix Locations: Asheville, Sunnyside , Queens, Hurricane, Asheville , North Carolina
5 ways to make Thanksgiving more affordable
  + stars: | 2024-11-24 | by ( John Towfighi | ) edition.cnn.com   time to read: +8 min
CNN —Thanksgiving means football, food and, for some, crazy family reunions. Almost half of people hosting Thanksgiving dinner are concerned about cost, according to a survey by Deloitte published on November 19. Here are five ways to make Thanksgiving dinner more affordable. People shop for frozen turkeys for Thanksgiving dinner in Mount Prospect, Illinois, on November 17, 2021. Consider a bundle dealRetailers across the country are offering deals for Thanksgiving dinner, competing to be a part of your holiday meal.
Persons: CNN Max, Billy Roberts, ” CoBank’s Roberts, Nam, they’ll, Josh Koebert, ” Koebert, Koebert, CoBank’s Roberts, Wells, Robin Wenzel, Wenzel, ” Wenzel, , William Masters, , ” Masters Organizations: CNN, America ’, American Farm Bureau Federation, Deloitte, CoBank, Food Institute, Walmart, Wells Fargo’s, Bureau of Labor Statistics, Friedman, of Nutrition Science, Tufts University, Shoppers Locations: New York, Chicago, Houston, America, Turkey, Mount Prospect , Illinois, Wells, Wells Fargo, Midwest
Nio reported a widening net loss in its latest earnings, as the CEO of Xpeng warns many EV firms face a fight to survive. Xpeng delivered 24,000 vehicles last month, and Xiaomi sold over 100,000 of its SU7 EV this year alone. AdvertisementHowever, the booming sales come as many Chinese EV makers continue to report heavy losses, as they grapple with a brutal price war and intense pressure to quickly launch new affordable models amid a crowded field of battery-electric vehicles. The company reported a net loss of 5.06 billion yuan ($700 million), up 11% from the third quarter of 2023. Both companies narrowed their net losses year-over-year, but they remained sizable at 1.81 billion yuan ($250 million) for Xpeng and 1.14 billion yuan ($157 million) for Zeekr, respectively.
Persons: Nio, Xpeng, Tesla, they're, Xiaomi, William Li, Zeekr, Xpeng's, Jim Farley, Xiaopeng, BYD, outstripping Elon, JADE GAO, David Bailey Organizations: EV, Elon, Publishing, Getty, Zeekr, Ford, Singaporean, The Straits Times, outstripping Elon Musk's, University of Birmingham Locations: China
Most employers say they're willing to negotiate, and 85% of employees who try for a higher salary, better benefits, or other changes get at least some of what they asked for. I'd estimate that about half of the candidates I've extended an offer to didn't negotiate at all. More likely, people are scared because they don't have much negotiating experience and feel unprepared. DON'T MISS: The ultimate guide to negotiating a higher salaryThe truth is it's hard to prepare for salary negotiations. As a former recruiter and the cofounder and CEO of pay transparency platform FairComp, I recommend using AI to stack the deck in your favor.
Persons: I've Organizations: Google, Carta
CNN —Max Verstappen claimed his fourth consecutive Formula One World Drivers’ Championship at a breathless Las Vegas Grand Prix that saw George Russell take victory for Mercedes. Verstappen came into the weekend knowing that all he needed to do to win the title was finish in front of his championship rival Lando Norris. The reigning champion snatched the advantage in qualifying, starting the race in fifth ahead of the McLaren driver in P6. Song Haiyuan/MB Media/Getty Images“Congrats to Max, I’m disappointed I’m out of it, but Max deserved to win it,” said Norris. “He drove a better season than I did, he deserved it more than anyone else, Max just doesn’t have a weakness.
Persons: Max Verstappen, George Russell, Mercedes, Verstappen, Lando Norris, Red, Norris, Michael Schumacher, Lewis Hamilton, Juan Manuel Fangio, Alain Prost, Sebastian Vettel, Mike Blake, Hamilton, “ It’s, , Max, I’m, , he’s, Vegas Russell, Charles Leclerc, Russell, Rick Scuteri, “ I’m, we’ve, Lewis, ” Russell, Ferrari’s Carlos Sainz, Red Bull Organizations: CNN, Las Vegas, McLaren, Red Bull, Reuters, Prix, Brit, Mercedes, Sky Sports, Constructors, Ferrari Locations: Vegas, Austria, Sin City, Qatar, UAE
For two fund managers at Fidelity International, Beijing's latest stimulus announcements were significant enough for them to buy more beaten-down real estate stocks. "We have been moderately increasing our position in China," Zhou said. Zhou and Ben Li are co-managers of Fidelity's Greater China Fund . One of the top 10 holdings of Fidelity's Greater China Fund is Chinese online booking platform Trip.com . Earnings comments in the last two weeks from major Chinese companies have underscored how it will take time to see the impact of stimulus .
Persons: Theresa Zhou, Zhou, Ben Li, Li, Daniel Zipser's, Zipser, Nomura, Donald Trump's Organizations: Fidelity International, CNBC, China Fund, McKinsey, TCL, Fidelity Locations: China, BOE, Shenzhen
New York CNN —Egg prices have risen steadily over the past two years. Egg prices at the grocery store were up 30.4% in October from the year prior, according to the consumer-price index. Increased demand from holiday cooking makes egg prices even more volatile. Avian flu, which is spread through wild birds, has been plaguing farmers and egg supply since January 2022. “Our egg prices really ride the waves associated with high influenza,” said Bernt Nelson, an economist with the American Farm Bureau Federation.
Persons: , Stew Leonard Jr, Steward Leonard’s, Emily Metz, That’s, Bernt Nelson, Leonard Jr, he’s, “ I’ve, ” Morton Williams, “ It’s, they’re, Steve Schwartz, Morton Williams, Schwartz, nothing’s, ” Schwartz Organizations: New, New York CNN, American Egg Board, American Farm Bureau Federation, US Department of Agriculture, Grocers Locations: New York, Oregon , Utah, Washington, York, New York City, mayo
CNN —A major software supply-chain company, which counts US and UK grocery stores and Fortune 500 firms as clients, said it was hit by a ransomware attack this weekend. A Blue Yonder spokesperson did not answer questions about which clients were affected, including those in the United States. “On November 21, 2024, Blue Yonder experienced disruptions to its managed services hosted environment, which was determined to be the result of a ransomware incident,” Blue Yonder said in an initial public statement on Friday. Some of the biggest US grocery chains use Blue Yonder, including Albertsons — the parent company of chains like Safeway and Jewel-Osco — and Kroger, the parent company of chains like Ralphs and Fred Meyer. Albertsons and Kroger did not immediately respond to CNN’s request for commentOther major corporations that have used Blue Yonder products or services include Proctor & Gamble and Anheuser-Busch, according to Blue Yonder press statements.
Persons: , Fred Meyer Organizations: CNN, Panasonic, , Blue, Morrisons, Sainsbury, Albertsons, Safeway, Kroger, Proctor, Gamble, Anheuser, Busch Locations: an Arizona, United States, United Kingdom
So, perhaps it is no surprise that robotics engineers are highly sought-after, with the United States alone expected to add 9,000 robotics engineers by 2032, according to Sokanu's Career Explorer. Another hotspot for robotics engineers is the island-nation of Singapore, the second most automated country after South Korea. Kelvin Ching is a Senior Robotics Engineer for Hyundai Motor Group Innovation Center Singapore (HMGICS), the country's first EV factory. He leads a team of robotics engineers that are overseeing the close to 200 robots assembling Hyundai's Ionic 6 model. Sean Sabastian is Dyson's Robotics Research Manager, managing a team of roboticists who are looking to integrate robots into the home environment.
Persons: CNBC's, Yew Lam, Singapore's Tan, Kelvin Ching, Sean Sabastian, roboticists, Dyson Organizations: International Federation of Robotics, Hyundai Motor Group Innovation Center, EV, Robotics Research Locations: United States, Singapore, South Korea
Hegseth on Thursday huddled with a handful of Republican senators, many of them seen as close allies of Trump, for a series of meetings. But while some members of the party signal support for the nomination, other Republicans on the Hill warn that there are mounting concerns about Hegseth. With a 53-seat majority, Hegseth and other Trump nominees can afford to lose only three Republican votes, leaving little room for error. Trump’s transition team was in the middle of announcing new Cabinet picks when they were informed of the sexual assault allegation against Hegseth, CNN reported, stunning several members of the team. Mullin said that Hegseth voluntarily brought up the sexual assault allegation against him in a meeting on Capitol Hill.
Persons: Matt Gaetz, Pete Hegseth, Tulsi Gabbard, Trump, Hegseth, Marsha Blackburn of, Markwayne Mullin, , , Gaetz, Trump’s, GOP Sen, Kevin Cramer, , Cramer, Hegseth isn’t, she’s, Robert F, Kennedy Jr, I’m, Mullin, ” Mullin, Republican Sen, Bill Hagerty Organizations: CNN, Republicans, Capitol, Trump, Pentagon, of Defense, Lawmakers, Police, Fox News, Republican, GOP, Department of Health, Human Services, White, Hill, Senate, Hegseth Locations: Marsha Blackburn of Tennessee, Oklahoma
Donald Trump's plan for a sweeping immigration crackdown involving mass deportations has been described as potentially inflationary, but economists say it could exacerbate another problem America faces: an aging population. He will deliver," Karoline Leavitt, a spokesperson for Trump's camp, told BI in an email when asked about the potential impacts of Trump's immigration policy. AdvertisementBerube said immigration is thought of as a band-aid to demographic problems since immigrants tend to be younger, which offsets the aging population. AdvertisementSectors with a high proportion of undocumented immigrant workers, like construction and agriculture, could see the number of workers fall. Bush Administration, thinks Trump's immigration policies will have a mild economic impact, partly because he doubts immigration will fall over the long term.
Persons: Donald Trump's, Alan Berube, Trump, Berube, Karoline Leavitt, José Torres, Torres, Todd Buccholz, George H.W, Buccholz Organizations: Brookings Institution, Center for Migration Studies, Brookings Metro Berube, Brookings Metro, Republican, Centers for Disease Control, Immigrants, Pew Research, Interactive, White House, Bush Administration Locations: America, Brookings, Bush
Opinion | Getting the Election Wrong, and Right
  + stars: | 2024-11-24 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “Why We Got It So Wrong,” by David Brooks (column, Nov. 15):Mr. Brooks helps us understand why Kamala Harris lost by showing that voters did not vote their personal identities. So why did so many decent, caring people vote for a man riddled with so many personal flaws? Why were they inspired by his “fight, fight, fight” war cry? Disadvantaged because their material situation has lost ground compared with those they believe claim to be their betters. Nearly all Donald Trump’s cabinet picks come loaded with gasoline and matches, to follow the will of the arsonist in chief.
Persons: David Brooks, Brooks, Kamala Harris, MAGA, , Donald Trump’s Locations: America
I lost my church years ago, defrocked by the desire to teach through "Mad Money" and the Investing Club. The Investing Club owns them all except Tesla. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Mark Haines, Disney, Joe Kernen, David Faber, Andrew Ross Sorkin, Becky Quick, Larry Kudlow, Cramer, Haines, Rowan, Transocean, Jim Bob, Kudlow, Lazarus, Tesla, Russell, Jim Cramer's, Jim Cramer, Jim, Rob Kim Organizations: TikTok, Financial News Network, CNBC, Wall, Journal, GMA, Fox Business, Federal, Investing, Microsoft, Nvidia, Investing Club, Jim Cramer's Charitable Locations: TheStreet.com, gander
If you're looking for a billionaire, you might as well be looking for a man in finance, trust fund, 6'5", blue eyes. AdvertisementMost — 87% — of billionaires are male, and have amassed their fortunes in different ways than the world's 431 female billionaires. While the majority of all billionaires, about 60%, are fully self-made, men are more likely to be than female billionaires. In fact, 76% of the world's female billionaires have inherited at least part of their wealth, compared to 35% of male ones. The interests of male and female billionaires follow suit: 71% of women billionaires count philanthropy as a top interest, while sports was the most popular one for male billionaires.
Persons: isn't, Elon Musk, Jeff Bezos, Altrata, maters Locations: New York City, United States, China, Germany
All across France, there's a glut of châteaus for sale. Plans require approval by the French minister of culture, and work must be done by designated specialists. "I decided not buying a château in France was going to be more detrimental to my health than buying one." For many French sellers, what strikes Americans as romantic has come to feel like a curse. "I live in a château," Engel reminds himself when he's feeling overwhelmed.
Persons: Mark Goff, Phillip Engel, Goff, Château Avensac, Astrid Landon, they've, Engel, Adrian Leeds, who's, Gonzague Le, Le Nail, it's, Michel Tarrible, Engel's, Abigail Carter, Carter, , — Carter, Château de, Williams, d'Aubigny, château, he's, It's, Henrys d'Aubigny, l'Espinay, Borie, They've Organizations: YouTube, World Trade Center Locations: France, California, Gers, France —, Versailles, American, Paris, Avensac, Sonoma County, San Francisco, Canada, London , Massachusetts, New Jersey, Seattle, Agen, Brittany, Ohio, Château
(AP) – Fred Harris, a former US senator from Oklahoma, presidential hopeful and populist who championed Democratic Party reforms in the turbulent 1960s, died Saturday. “I think it’s worked wonderfully,” Harris recalled in 2004, when he was a delegate to the Democratic National Convention in Boston. “It’s made the selection much more legitimate and democratic.”“The Democratic Party was not democratic, and many of the delegations were pretty much boss-controlled or -dominated. Harris ran unsuccessfully for the Democratic presidential nomination in 1976, quitting after poor showings in early contests, including a fourth-place win in New Hampshire. We had my Senate seatmate Robert Kennedy killed and then we had this terrible convention,” Harris said in 1996.
Persons: – Fred Harris, Harris ’, Margaret Elliston, “ Fred Harris, ” Elliston, Harris, it’s, ” Harris, “ It’s, , , Jimmy Carter, Fred, “ I’ve, Michelle Lujan Grisham, “ Sen, Lyndon Johnson, Lynn A, Curtis, Milton S, Norman Ornstein, ” Ornstein, Hubert Humphrey, Humphrey, Johnson, Republican Richard Nixon, Martin Luther King, Robert Kennedy, Oklahoma Sen, Fred R, Bob Daugherty, Sen, Robert S, Kerr, Howard Edmondson, — Charles “ Bud ” Wilkinson, LaDonna Vita Crawford, Byron, Laura Organizations: Democratic Party, Associated Press, Senate, Democratic National Committee, Democratic National Convention, African, Democratic, University of New, Democratic Party of New, Comanche, ” New, ” New Mexico Gov, National Advisory Commission, Civil Disorders, Kerner Commission, Eisenhower Foundation, American Enterprise Institute, Republican, Disorders, University of Oklahoma, J, OU Locations: Oklahoma, New Mexico, Corrales, Chicago, Boston, New Hampshire, University of New Mexico, Democratic Party of New Mexico, , ” New Mexico, Vietnam, Walters, Texas, Lawton
Rising tour costs and social media influence are reshaping concert ticket pricing dynamics. Taylor Swift or bustTaylor Swift's Eras Tour tickets had an average face-value price of $254 in 2023 and a resale market price of $3,801. "It's sort of like the extremes have spread out as well, where we're seeing concert tickets sell for the most we've ever seen them," Leyden said. "But on the flip side, we're certainly seeing plenty of concert tickets that are still selling for a relatively good deal." AdvertisementAfter all, with ticket prices getting driven up, "the experience expectations are being driven up," Finn said.
Persons: Jaylon Jackson, Hozier, Jackson, He's, Sabrina Carpenter, Taylor, Taylor Swift, Kacey, Justin Timberlake, Post Malone, Morgan Wallen, Chris Leyden, there's, Leyden, Jonathan Bricker, Mike Finn, It's, Finn, Sabrina Carpenter's, we've, Joseph Bocanegra, Omar Apollo, he's Organizations: Broadway, Post, BI, Berklee College of Music, Imagine, Berklee, Super, Sports Locations: Texas, Arkansas, U.S, amphitheaters
Six mornings a week, a call for quiet stills a day center for homeless people in Northern Virginia, and those so inclined gather to thank God, read scripture and ponder its message for their tribulations. They come from shelters and tents under bridges. They seek meals, showers, clothes, jobs and connections to health care and housing — all of which the Lamb Center provides with no religious message or test. Some also come to talk about God. The center’s Bible study group recently pondered the kingdom of heaven: why does Jesus compare it to hidden treasure so precious that the man who finds it would sell everything to buy the surrounding field?
Organizations: Lamb Locations: Northern Virginia
Editor’s note: One Small Thing is a new series to help you take a simple step toward a healthy, impactful goal. Holiday enjoyment comes firstGuilt over neglecting an exercise routine or failing to maintain a strict schedule can interfere with your enjoyment of the holiday season. But it’s important to keep some healthy behaviors in place to ensure you feel good, Charlotte, North Carolina, dietitian Natalie Mokari said. The most important thing is to enjoy your holiday with your loved ones. “Take the opportunity to play with your family,” Santas said.
Persons: Dana Santas, , , Santas, dietitian Natalie Mokari, Mokari, ” Mokari, ” Santas, Drazen Zigic, don’t, I’m, ’ ”, “ Don’t Organizations: CNN Locations: Wisconsin, Charlotte, North Carolina,
Who told the Bros to start journaling?
  + stars: | 2024-11-24 | by ( Katie Notopoulos | ) www.businessinsider.com   time to read: +4 min
AdvertisementBut journaling has been going mainstream as part of a daily wellness routine that prioritizes mental health. AdvertisementMost of the hustle bros I've seen talking about journaling don't describe a specific journaling method. Procopovich told me that he's been journaling for two years. AdvertisementVinny Brusco, a life coach and host of "The Council of Dudes Podcast," talks often about mental wellness and masculinity. "I think we are seeing a major shift in what mental health looks like in general, especially for men," he told Business Insider.
Persons: Instagram influencers, Greg Heffley, Apple, Andrew Huberman, Huberman, journaling, Thomas Procopovich, Andy Elliott, Procopovich, he's, He's, Vinny Brusco Organizations: MediaNews, Getty Images, Getty
Misery and gloom are haunting the Giants yet again this football season. It is not even Thanksgiving, and it already feels like football season is over in New York. Jets and Giants fans who had reserved Sunday afternoons for football are now free to head to brunch. But Jets fans had high hopes this year. With a talented roster and a healthy future Hall of Fame quarterback, the team went into the season with the 10th-best odds of winning the Super Bowl.
Organizations: Jets, Giants, of Fame Locations: New York
Bernard Looney, the former chief executive of BP, one of the world’s largest energy companies, said Sunday that he would become chairman of a data center start-up in the United States, a move that comes amid a ravenous appetite for electricity to power the boom in artificial intelligence. The company, called Prometheus Hyperscale, plans to build a $10 billion data center on a 640-acre site in Evanston, Wyo., carved out of the family ranch of the company’s founder and chief executive, Trenton Thornock. The hope is to attract companies like Amazon, Microsoft or Google with mushrooming needs for computer power, Mr. Looney said in an interview. Prometheus plans to expand in the United States and internationally, he added. I’ll be helping them with strategy.”Mr.Looney, 54, left BP last year after acknowledging that he failed to properly disclose personal relationships with colleagues.
Persons: Bernard Looney, Hyperscale, Looney, Prometheus, I’ll, , “ I’ll, ” Mr.Looney Organizations: BP, Trenton, Microsoft Locations: United States, Evanston, Wyo, Trenton Thornock
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