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Here's why Baird upgraded U.S. Bancorp
  + stars: | 2023-03-20 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Baird upgraded U.S. BancorpDavid George, senior bank analyst at Robert W. Baird, joins 'Closing Bell' to discuss why the company upgraded its rating on U.S. Bancorp and more.
The unhappiest jobs are also some of the loneliest, according to an 85-year study from Harvard researchers. While particular roles can't be reliably correlated with dissatisfaction and burnout, certain job characteristics can be, Robert Waldinger, MD, a professor of psychiatry at Harvard Medical School and director of the Harvard Study of Adult Development, one of the longest-running studies on happiness, tells CNBC Make It. Jobs that require little human interaction and don't offer opportunities to build meaningful relationships with co-workers tend to have the most miserable employees, the study found. "It's a critical social need that should be met in all aspects of our lives," Waldinger explains. "Plus, if you are more connected to people, you feel more satisfied with your job, and do better work."
But past attempts to train up more workers have seen the problem get worse by some measures, and any big improvement to the post-16 skills system is likely to take years. TRAINING REVAMPWithout a rapid overhaul of the training system, Britain's pool of highly skilled adults is likely to shrink further relative to other countries, the OECD has warned. Employers groups are calling on Hunt to tackle a key part of how training is funded in his budget speech. Corporate leaders acknowledge employers also need to do more themselves, and prioritize training even in lean times. "You're slowing down really quite a lot to go at the pace of the education system," he said of his company, which began as a print management firm in 1996.
SVB fall casts shadow on early-stage U.S. biotech
  + stars: | 2023-03-13 | by ( Patrick Wingrove | ) www.reuters.com   time to read: +3 min
March 13 (Reuters) - The collapse of Silicon Valley Bank (SIVB.O) will leave early-stage biotechnology companies with a funding void, investors and analysts said on Monday, but larger, publicly-traded drug companies should escape unscathed. About 50% of U.S. biotech companies, developing drugs for everything from cancer to heart disease and rare conditions, banked with Silicon Valley Bank (SVB), including a large number of private firms, according to WBB financial analyst and managing partner Steve Brozak. Analysts said the direct impact to U.S. biotech companies overall was limited, although several drugmakers such as Axsome Therapeutics Inc (AXSM.O) and Rhythm Pharmaceuticals Inc (RYTM.O) disclosed cash deposits with the bank. Startup-focused lender SVB Financial Group last week became the largest bank to fail since the 2008 financial crisis, sending shockwaves through the global financial system and prompting regulators to step in to contain the fallout. SVB’s demise likely leaves smaller biotech clients without an alternative lender, said Brozak, since other banks will now probably raise their funding thresholds to points that make investment difficult for smaller entities.
People who fare the best in retirement find ways to cultivate connections with others, according to Harvard's 85-year happiness study. In 1938, Harvard researchers embarked on a study that continues to this day to find out: What makes us happy in life? As participants entered mid- and late-life, the Harvard Study often asked about retirement. 1 challenge people faced in retirement was not being able to replace the social connections that had sustained them for so long at work. Retirees don't miss working, they miss the peopleWhen it comes to retirement, we often stress about things like financial concerns, health problems and caregiving.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe lower the bank stocks go, the less risky they are, says David George, sr. bank analyst at Robert W. BairdDavid George, senior bank analyst at Robert W. Baird, joins 'Power Lunch' to discuss concerns over Silicon Valley Bank contagion, the market response to SVB's downfall and how to invest in the banking sector.
‘Is This It?’ When Success Isn’t Satisfying
  + stars: | 2023-03-06 | by ( Rachel Feintzeig | ) www.wsj.com   time to read: 1 min
You got the job, won the award, launched the new project to accolades. So why don’t you feel better? “You get the title and it’s, like, ‘Ugh. Is this it?’” says Robert Waldinger , a professor of psychiatry at Harvard Medical School who leads a longitudinal study, started in 1938, on how people thrive.
Here are five ways to invest to take advantage of a long-term rally for foreign stocks. Yahoo FinanceEuropean stocks spark an unexpected rallyThe turnaround for foreign stocks was fueled by a sudden reversal for European equities. "So foreign, value stocks over growth stocks, commodities should do OK — and all else held constant — you should see some downward pressure on the US dollar as well." Those modest expectations are reflected in the cheap valuations of international stocks, especially those in Europe, Hill said. 5 ways to invest while international stocks reboundNelson's strategy in running the EuroPac International Value Fund is very similar to that of the Tweedy, Browne International Value Fund, which Insider profiled in December.
The sale is part of a trend of large companies struggling to integrate direct-to-consumer brands. Dick's Sporting Goods is buying outdoor retailer Moosejaw from Walmart, the company announced Wednesday. Walmart purchased Moosejaw in 2017 for about $51 million to bolster its outdoor and e-commerce offerings. That same year, the retail giant purchased another direct-to-consumer company, the apparel brand Bonobos. Integrating direct-to-consumer brands is often a challenge for big companies.
NBA roundup: Bucks best Clippers for 10th straight win
  + stars: | 2023-02-11 | by ( ) www.reuters.com   time to read: +9 min
Brandon Boston Jr. scored 20 points and Paul George added 19 points and 11 rebounds for the Clippers. Norman Powell had 16 points and Marcus Morris Sr. scored 15 for Los Angeles, which has lost two games in a row. Domantas Sabonis put up 18 points, 11 rebounds and a team-high seven assists for the Kings. Detroit's Jaden Ivey supplied 17 points, eight rebounds and eight assists, while Isaiah Stewart had 15 points and 11 rebounds. Desmond Bane added 20 points, seven rebounds and five assists, while Jaren Jackson Jr. tallied 15 points and six rebounds.
In 1938, Harvard researchers embarked on a decades-long study to find out: What make us happy in life? The most consistent finding we've learned through 85 years of study is: Positive relationships keep us happier, healthier, and help us live longer. 1 key to a happy life: 'Social fitness'Relationships affect us physically. But our social life is a living system, and it needs exercise. Romantic intimacy: Do you feel satisfied with the amount of romantic intimacy in your life?
NBA roundup: Kyrie Irving leads Dallas to win in Mavs' debut
  + stars: | 2023-02-09 | by ( ) www.reuters.com   time to read: +7 min
He added 11 assists and 10 rebounds. LaMelo Ball collected 16 points and six rebounds and Gordon Hayward added 15 points for the Hornets, who have lost five in a row. Fox (31 points, 11 assists) scored the final seven points for the Kings, who trailed 128-123 with 1:17 left. Martin added 15 points -- all in the first half -- and Jae'Sean Tate added 16 for the Rockets, who committed 13 of their 19 turnovers in the second half. Bojan Bogdanovic, Detroit's most prominent trade chip ahead of Thursday's deadline, led the Pistons with 15 points.
NBA roundup: Warriors' Klay Thompson bombs in 12 treys
  + stars: | 2023-02-07 | by ( ) www.reuters.com   time to read: +6 min
Poole finished with 21 points while Andrew Wiggins added 18 for the Warriors, who earned their second consecutive win. The Spurs, who lost for the ninth straight time, got 21 points from Keldon Johnson. Donovan Mitchell had 21 points and Evan Mobley added 16 for Cleveland, which has won three in a row. Will Barton added 15 points for the Wizards, who were without Kyle Kuzma (ankle) and Bradley Beal (foot). Tim Hardaway Jr. added 17 points and Dwight Powell totaled 12 points and 16 rebounds for the Mavericks.
NEW YORK, Feb 6 (Reuters) - For generations, society has grappled with the question of whether money brings happiness. That's according to the findings of the Harvard Study of Adult Development, the world's longest study on happiness. In the Harvard study, the sample of participants with “more prestigious jobs and more money were no happier in their lives,” Schulz says. “Rather than buying a bigger house or a nicer car, if you use your money to share experiences with others, that money will get you a better return on happiness,” Schulz says. DO A MINI-HARVARD STUDY – ON YOURSELFHow the Harvard Study operates is by checking in with respondents – 724 original participants, some of whom are still around, and 1,300 descendants – for occasional reflection and self-evaluation.
Dr. Robert Westreich is a plastic surgeon in New York who specializes in facial surgery. Westreich told Insider it seems like bundling surgeries escalated during the pandemic. In the last few years, I've noticed that patients are more interested in "bundling" plastic surgeries than ever before. For it to get risky, the surgery time would have to last longer than six to seven hours, and 90% of the time with plastic surgery, surgery doesn't last that long. For patients who are considering bundling plastic surgery procedures, I would advise taking the time to choose a doctor (or doctors) who fit your case and making sure you really understand the after-care instructions.
Intel Corp. Chief Executive Pat Gelsinger and other managers are taking pay cuts, days after the company posted quarterly earnings that disappointed Wall Street. Mr. Gelsinger, in the top job for two years, will see his base pay reduced 25%, Intel said. Other cuts will be staggered, the company said, with base-pay hits of 15% for members of the executive team, 10% for senior managers and 5% for midlevel managers.
Judges have repeatedly slammed Trump for using lawsuits "to advance a political narrative." "Keep Trump busy, because this is the way you defeat him, to keep him busy with litigation," Trump testified in the deposition, speaking in the third person. US District Judge Donald M. Middlebrooks said that Trump has a "pattern of misusing the courts to serve political purposes." Trump's lawyers have to deal with his 2024 runIn the Trump lawsuits that haven't been dismissed, those trials may need to be scheduled around his 2024 campaign events. A trial for Carroll's claims is set for April of this year, and James' lawsuit against Trump is on track for October.
NBA roundup: Celtics run win string to nine by edging Raptors
  + stars: | 2023-01-22 | by ( ) www.reuters.com   time to read: +6 min
Reserves Grant Williams and Malcolm Brogdon added 25 and 23 points for the Celtics. Gary Trent Jr. added 22 points, Precious Achiuwa had 17 points and 11 rebounds and Scottie Barnes scored 10 points. Jrue Holiday led Milwaukee with 28 points and 10 assists, while Bobby Portis Jr. had 23 points and 11 rebounds. Franz Wagner added 20 points, Paolo Banchero notched 15, and Wendell Carter Jr. went for 11 points and nine rebounds. Montrezl Harrell had 17 points and seven rebounds and Georges Niang also scored 17 points for the 76ers.
Williams added 11 rebounds. Damion Lee added 16 points and reserve Saben Lee had a season-best 15 as Phoenix won for just the third time in its past 15 games. Nic Claxton had 20 points and 11 rebounds, Joe Harris and Seth Curry scored 16 points apiece and Cam Thomas added 15. Anthony Edwards had 23 points and Kyle Anderson added 20 points, 10 rebounds and six assists for Minnesota. Hamidou Diallo tossed in 17 points, while Saddiq Bey and Jaden Ivey had 16 points apiece.
TOKYO, Jan 17 (Reuters) - Thousands of baseball fans have signed a petition to save an iconic Tokyo stadium nearly a century old where Babe Ruth once played and which inspired best-selling author Haruki Murakami to first pick up a pen. "The citizens of Tokyo are going to regret it," said Robert Whiting, who has written books on Japanese baseball and who over the weekend started an online petition to save the stadium, which "reeks of history." "They're going to lose a really beautiful, quiet, relaxing spot and a great place to watch a baseball game," he told Reuters. Babe Ruth and Lou Gehrig played there in 1934 as part of a Japanese tour, making the stadium only one of a handful remaining where Ruth played. By noon on Tuesday, Whiting's petition, addressed to Tokyo governor Yuriko Koike and several others, had almost 10,000 signatures.
NBA roundup: Jayson Tatum (51) guides Celtics past Hornets
  + stars: | 2023-01-17 | by ( ) www.reuters.com   time to read: +6 min
Randle had 21 points, 15 rebounds and eight assists for the Knicks, who had their three-game winning streak end. Mikal Bridges tallied 21 points and seven assists to lead Phoenix, while Deandre Ayton added 18 points. Jazz 126, Timberwolves 125Jordan Clarkson hit a game-winning free throw with four seconds remaining and scored 21 points to lead Utah to a victory over Minnesota in Minneapolis. Kessler finished with 20 points and a career-high 21 rebounds, while Agbaji added 17 points off the bench, including nine in the fourth quarter. CJ McCollum scored 25 points and Jonas Valanciunas added 22 points and 13 rebounds for the Pelicans.
When it comes to understanding what happens to people as they go through life, pictures of entire lives—of the choices people make and the paths they follow, and how it all works out for them—are almost impossible to get. Most of what we know about human life we know from asking people to remember the past, and memories are full of holes. The more time that passes, the more details we forget, and research shows that the act of recalling an event can actually change our memory of it. But what if we could watch entire lives as they unfold through time? What if we could study people from the time that they were teenagers all the way into old age to see what really matters to a person’s health and happiness, and which investments really paid off?
‘The Good Life’ Review: The Habit of Happiness
  + stars: | 2023-01-12 | by ( Richard J. Mcnally | ) www.wsj.com   time to read: +1 min
What constitutes a life well-lived? In their captivating book “The Good Life: Lessons From the World’s Longest Scientific Study of Happiness,” the psychiatrist Robert Waldinger and the clinical psychologist Marc Schulz convey key lessons that arise from studying the lifetimes of hundreds of individuals across the 20th and 21st centuries. Dr. Waldinger teaches at Harvard Medical School; Mr. Schulz at Bryn Mawr. They are the current directors of the Harvard Study of Adult Development, an investigation now in its 85th year of data collection. The purpose of both studies, long since merged, was to identify predictors of health, happiness and flourishing in young adulthood and beyond.
SummarySummary Companies FTSE 100 down 0.3%, FTSE 250 off 0.4%Robert Walters down on profit warningInvestors await Fed Chair speechJan 10 (Reuters) - Britain's FTSE 100 retreated from a three-and-a-half-year high on Tuesday, led by consumer stocks amid recession worries, after hawkish comments from two U.S. Federal Reserve officials raised worries about future rate hikes. The blue-chip FTSE 100 (.FTSE) declined 0.3%, while the domestically focussed FTSE 250 mid-cap index (.FTMC) fell 0.4%. On Monday, Fed officials said inflation data due later this week would sway the central bank's decision about rate hikes. Among individual stocks, recruiter Robert Walters (RWA.L) slumped 8.1% after the company warned that its full-year profit was expected to be slightly below market expectations. Reporting by Shashwat Chauhan in Bengaluru; Editing by Dhanya Ann Thoppil and Subhranshu SahuOur Standards: The Thomson Reuters Trust Principles.
REUTERS/Mike SegarUNITED NATIONS, Jan 5 (Reuters) - U.N. Security Council members voiced concern on Thursday and stressed the need to maintain a status quo at the Al Aqsa mosque compound in Jerusalem, days after Israel's new far-right security minister Itamar Ben-Gvir briefly visited the site. The decades-old status quo allows only Muslim worship at the compound, a site also revered by Jews, who call it the Temple Mount. "What red line does Israel need to cross for the Security Council to finally say, enough is enough," Mansour told the 15-member council, accusing Israel of showing "absolute contempt." Israel has not harmed the status quo and has no plans to do so." "We note that Prime Minister Netanyahu's governing platform calls for preservation of the status quo with relation to the holy places.
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