Business


 

Japanese bank Nomura says it's facing a loss of $2 billion as a hedge fund blow up roils markets

Getty Images Japanese investment bank Nomura announced on Monday it's facing a $2 billion loss on a US client. Nomura said in a press release it didn't believe the loss would impact the company's solvency. The announcement follows a wild week for markets dominated by a reported liquidation of positions held by Archegos Capital Management. See more stories on Insider's business page. Japanese bank Nomura announced on Monday that it is facing a $2 billion loss.The financia...
Tags: Finance, US, Trends, Markets, Goldman Sachs, Morgan Stanley, Dow, Reuters, Nomura, Nomura Holdings, Tencent Baidu, Vipshop, Julie Gerstein, NOMURA HLDGS-USA/ (PIX, Archegos Capital Management, Tiger Asia


Robot specialist Boston Dynamics offers rare look inside its workshop

In a rare move, robot specialist Boston Dynamics recently allowed a film crew inside its Massachusetts workshop and even showed off a new robot.
Tags: News, Massachusetts, Trends, Robots, Robotics, Boston Dynamics


Nestle plans to make 45 staff redundant, move Allen's confectionery manufacturing to Australia

Confectionery manufacturer Nestlé is proposing to make 45 staff at its Wiri factory redundant as it seeks to move production to its Allen's factory in Australia.The company is currently consulting with its staff over its proposal... [Author: [email protected]]
Tags: Business, Australia, Nestle, Allen, Wiri


Australian, Middle Eastern owners sell Precinct Properties' management for $215m

Australian and Middle Eastern interests have agreed to sell the management contracts of one of New Zealand's biggest listed real estate vehicles for $215 million.Sydney-headquartered AMP Capital Investors and a subsidiary of the... [Author: [email protected]]
Tags: Business, Sydney, New Zealand, AMP Capital Investors


Hawai'i looks to be lone holdout in making May 17 Tax Day

Just days after the Internal Revenue Service's March 17 announcement that it was moving the 2021 tax filing deadline from April 15 to May 17, most states that collect some type of personal income tax followed the federal tax agency's lead. The IRS decided that filers could use more time to file and pay their 2020 taxes since we're all still dealing to some degree with the lingering effects of the COVID-19 pandemic. That "we" includes the IRS, which faces a backlog of 2019 returns (and 2020 fili...
Tags: Texas, Taxes, Mississippi, Maryland, Congress, Virginia, Indiana, Idaho, Arkansas, Tennessee, Iowa, Arizona, Ohio, Louisiana, Oklahoma, District Of Columbia


YouTube bans staged animal rescue videos

Hi and welcome to Insider Advertising for March 29. I'm senior advertising reporter Lauren Johnson, and here's what's going on: Vice Media layoffs.NBCU mulls a subscription-based video service.If this email was forwarded to you, sign up here for your daily insider's guide to advertising and media.Tips, comments, suggestions? Drop me a line at [email protected] or on Twitter at @LaurenJohnson. YouTube says it removed videos or stopped running ads on some of these vide...
Tags: Google, Media, Youtube, Advertising, Newsletter, Trends, Digital Media, Nbcuniversal, Vice Media, Sundar Pichai, Nbcu, John Cena, Vin Diesel, Athletic, Newsletters, New York Times ABC


Ever Given, the giant ship blocking the Suez Canal, had another accident in 2019 when it crashed into a small ferry in Germany

The Ever Given, trapped in the Suez Canal, Egypt, as of Thursday March 25 2021. Suez Canal Authority This is not the first accident for the massive cargo ship blocking the Suez Canal. Ever Given collided with a ferry in 2019, damaging the smaller boat and injuring the skipper. An investigation at the time blamed winds, a factor that has also been named in the recent blockage. See more stories on Insider's business page. The Ever Given made waves last week when it became wedged in Egypt...
Tags: Transportation, Germany, Trends, Taiwan, Egypt, Transport, Evergreen, Ship, Wall Street Journal, Journal, Hamburg, Elbe River, Suez Canal, Suez Canal Authority, Suez Canal Egypt, Kelsey Vlamis


Rep-elect Julia Letlow, whose husband died from COVID-19, is urging Republicans to get vaccinated

In this Jan. 21, 2021 file photo, Julia Letlow, widow of Republican U.S. Rep.-elect Luke Letlow, speaks to members of the press at the Louisiana State Archives after signing up to run for the 5th District seat in Baton Rouge, La. AP Photo/Brett Druke, file GOP Rep-elect Julia Letlow is urging Republicans to get vaccinated against the coronavirus. Letlow's husband, Rep-elect Luke Letlow, 41, died from COVID-19 complications in December. "Look at my family, use my story," Letlow told C...
Tags: Politics, Science, Congress, US, Trends, Joe Biden, Gop, Cbs, Louisiana, Biden, Donald Trump, Trump, CBS s Face the Nation, 5th District, Luke Letlow, BATON ROUGE La AP


Mindful Social – Authenticity Reawakened with Vicki Znavor

Authenticity, it’s one of those words bandied about a lot, isn’t it? Often, in marketing and politics especially, “authenticity” just doesn’t ring true. It’s added like frosting or showers of glitter to create a feeling of trust and familiarity. As professor Herminia Ibarra tells us, a simplistic understanding of what authenticity means can hinder our growth and leave us feeling fake. But as we develop a clear sense of our true self we can move more quickly toward our goals and ideals. When I re...
Tags: Leadership, Book Review, Seo, Authenticity, Crain, Vicki, DePaul University, Chicago Business, Conscious Business, Mindful Social, Herminia Ibarra, ALPFA, Calumet College of St Joseph, Vicki Znavor, Vicki Vicki, Kellstadt Graduate School of Business She


Role Clarity and Role Confusion

A theme in my practice is the vital importance of a sufficient degree of role clarity--a shared understanding among colleagues that allows them to answer a set of questions that are rarely made explicit and yet are ever-present in organizational life: Who are we to each other? What are our relative positions in this environment? In what ways are our roles similar? In what ways do they differ? And how might any of this change over time, or in certain settings? Sufficient role clarity i...
Tags: Leadership, Management, Change, Robin Dunbar, Matthew Lieberman, David Rock, Edbatista, Sonja Lyubomirsky, Jurgen Appelo


Boomers Got the Vax

low key this a legit slap. Lmao ...The post Boomers Got the Vax appeared first on The Reformed Broker.
Tags: Finance, Uncategorized


'Corporate grandstanding': Rocket Lab apologises over lockdown donation claim

Rocket Lab has been called out for "corporate grandstanding" after releasing a statement claiming it gave an iwi trust "funds for food" during the Covid-19 lockdown.Former chief executive of Rongomaiwahine Iwi Trust, Mo Rongo, said... [Author: [email protected]]
Tags: Business, Rongomaiwahine Iwi Trust, Mo Rongo


Drone pilot melts his machine for stunning volcano video

Keen to get some amazing shots, this pilot flew his DJI drone so close to a lava-spewing volcano that part of the machine melted.
Tags: News, Trends, Drone, Drones, Iceland, Drone Video, Drone Pilot


Schitt's Creek motel for sale – minus the 'Rosebud' sign

First the Rose family’s former mansion hit the real estate lists – now it’s the 10-room motel they called homeThe motel home of the Rose family in the Emmy-sweeping Canadian TV series Schitt’s Creek is up for sale for C$2m.The Hockley Motel in the Canadian town of Mono, Ontario, was a key filming location throughout the six seasons of the hit CBC sitcom. Continue reading...
Tags: Real Estate, Television, Americas, World news, Australia news, Netflix, Culture, Canada, Television & radio, TV streaming, Cbc, Rose, Creek, Schitt's Creek, Hockley Motel, Mono Ontario


Ajaib raises $65M Series A extension led by Ribbit Capital, increasing the round’s total to $90M

Ajaib, the Indonesian investment app, has added $65 million to its Series A, bringing the round’s new total to $90 million. The extension was led by Ribbit Capital, the fintech investor that also led Robinhood’s $3.4 billion funding last month. Ajaib is Ribbit Capital’s first investment in Southeast Asia. The extension will be used to expand Ajaib’s product development and engineering capabilities. The startup, which claims to run the fourth largest stock brokerage in Indonesia based on number o...
Tags: Fundings & Exits, Startups, TC, Asia, Indonesia, Southeast Asia, Tech, Stocks, Robinhood, Fintech, Nubank, David Velez, Ribbit Capital, Horizons Venture, SG Lee, Ajaib


Amazon workers seek union amid tough working conditions

Linda Burns was excited at first to land a job at the Amazon warehouse outside Birmingham, Alabama. The former nursing assistant had always enjoyed ordering from the company. Now, she would be working for them.A cog in a fast-moving... [Author: [email protected]]
Tags: Amazon, Business, Birmingham Alabama, Linda Burns


Sanwa Seiki truck brakes banned years after safety warning, involved in at least two deaths

By Phil Pennington of RNZ A dodgy truck handbrake involved in at least two deaths and multiple serious crashes has only just been banned, though authorities have known for years it was dangerous.The ban comes two years after... [Author: [email protected]]
Tags: Business, Phil Pennington, Sanwa Seiki


SkyCity Entertainment names three new directors

SkyCity Entertainment said it will appoint three new independent directors, including corporate lawyer Silvana Schenone, outgoing Summerset chief executive Julian Cook and former Star Entertainment CFO Chad Barton.The appointments... [Author: [email protected]]
Tags: Business, SkyCity Entertainment, Summerset, Julian Cook, Chad Barton, Silvana Schenone


Sen. Raphael Warnock says that voting rights must pass 'no matter what'

Sen. Reverend Raphael Warnock. Jessica McGowan/Pool via REUTERS Sen. Raphael Warnock said that voting rights has to be a priority in the Senate. Warnock said that Senate Democrats must engage with the GOP on the issue. "I think that we have to pass voting rights no matter what," he said. See more stories on Insider's business page. Democratic Sen. Raphael Warnock of Georgia on Sunday said that the passage of voting rights has to be prioritized, especially as Republicans seek to impleme...
Tags: Politics, Congress, Kentucky, Senate, Trends, Georgia, Joe Biden, Cnn, Democrats, Gop, House, Mitch McConnell, Delaware, Kamala Harris, Voting Rights, Raphael Warnock


Cannibalistic pantry moths prove a key principle of evolution

Researchers studied cannibalism among commonly-found moths to test an evolutionary principle.The scientists concluded that moths with more sibling interaction were less selfish.The principle applies to humans and other animals. A common moth, found in pantries, could explain a crucial link between society and selfishness, according to a new study. Researchers showed that an increase in sibling interaction resulted in less selfish behavior in Indian meal moth caterpillars. In particular, the sci...
Tags: Psychology, Biology, Government, Society, Innovation, Evolution, University Of California, Rudolf, Volker Rudolf Mike Boots, Dylan Childs Hannah Tidbury, Jessica Crossmore, U K s University of Sheffield Volker, Rudolf Cannibalism, Rudolf Families


Pantry moths who eat each other prove a key principle of evolution

Researchers studied cannibalism among commonly-found moths to test an evolutionary principle.The scientists concluded that moths with more sibling interaction were less selfish.The principle applies to humans and other animals. A common moth, found in pantries, could explain a crucial link between society and selfishness, according to a new study. Researchers showed that an increase in sibling interaction resulted in less selfish behavior in Indian meal moth caterpillars. In particular, the sci...
Tags: Psychology, Biology, Government, Society, Innovation, Evolution, University Of California, Rice University, Rudolf, Volker Rudolf Mike Boots, Dylan Childs Hannah Tidbury, Jessica Crossmore, U K s University of Sheffield Volker, Rudolf Cannibalism, Rudolf Families


In-N-Out heiress Lynsi Snyder re-lists her Bradbury mansion for $16.8 million

The foyer. (Photo by David Guettler Photography) The living room. (Photo by David Guettler Photography) Sound The gallery will resume in seconds The dining room. (Photo by David Guettler Photography) The game room. (Photo by IM Real Estate Photography) The movie theater. (Photo by IM Real Estate Photography) The tasting room. (Photo by David Guettler Photography) The master suite’s sitting room and bedroom. (Photo by David Guettler Photography) The master bathroom...
Tags: Business, Real Estate, News, Housing, Sport, Soccer, Harry, Los Angeles Dodgers, Rich, Southern California, Santa Ana, Esther, Newport Beach, Bradbury, Adrian Beltre, Westlake Village


Small Local Businesses Face Mask Dilemma as Mandates Are Eased

When your state lifts the masking mandate, how should you conduct business? According to a survey by Near Media, the majority of consumers support masking. The consumers also prefer businesses which strictly enforce it. Consumers could respond using one of four choices: More likely to do business with them; Neutral, will not affect my spending; Less likely to do business with them; or I will never shop there again. “Women and older consumers are most supportive,” said Mike Blumenthal, co-founde...
Tags: Google, US, Sales, Midwest, Blumenthal, Small Business News, Mike Blumenthal, Small Local Businesses Face Mask Dilemma


To improve accountability, Norrsken VC ties partner compensation to its portfolio’s sustainable successes

With the close of its latest investment fund, Norrsken VC is is taking an unprecedented step in tying the compensation of its partners to the positive changes the firm’s portfolio companies have on the world — and not just their financial returns. The firm, which released its impact assessment for 2020 last week, has invested in companies that address seven of the United Nations’ seventeen sustainable development goals, and is benchmarking its performance on goals that range from the tightly mon...
Tags: Food, TC, Finance, Tech, Healthcare, United Nations, Energy Efficiency, Un, General Partner, Larsson, European Investment Fund, Norrsken Foundation, Norrsken VC, Norrsken, Tove Larsson, Agate Freimane


A2 Milk's supplier Synlait half year net profit drops 76%

A2 Milk's sole infant formula supplier, Synlait Milk, said its half-year profit slumped by 76 per cent to $6.4m, driven by Covid-19 disruption, and said it expected to be "broadly breakeven" in the full year.The full-year outlook... [Author: [email protected]]
Tags: Business, Synlait Milk, Synlait, COVID


Revised Reverse Mortgage Condo Forms Encouraging for Loan Officers

The Federal Housing Administration (FHA) earlier this month announced that it has revised two of its forms relevant to condominium owners seeking FHA relief in the form of loan programs or certification: its condominium loan-level/single-unit approval questionnaire and FHA condominium project approval questionnaire. This is according to the publication of Mortgagee Letter (ML) 2021-09, released on March 15. Both forms have relevance for the Home Equity Conversion Mortgage (HECM) industry, as ...
Tags: Finance, Hawaii, Hud, Southern California, Wendy, Cohen, FHA, Paige, HONOLULU Hawaii, Federal Housing Administration FHA, Open Mortgage, O'Donoghue, Northridge Calif, FHA Pros LLC, Tom O'Donoghue, Paige Oshiro


Remaining Bonus Bond holders to get little bit extra

Investors in ANZ's Bonus Bonds will be rewarded for hanging on to their bonds until the wind up of the scheme.ANZ Investment Services which manage the scheme today said investors would receive at least $1.10 for each Bonus Bond... [Author: [email protected]]
Tags: Business, ANZ, ANZ Investment Services


Kiplinger: Importance of Tapping Home Equity in Retirement Increasing

For seniors who are increasingly concerned about adequately funding their retirement, the increasing prevalence of options that can provide cash flow through the use of home equity should prove to be an encouraging development for many Americans at or near retirement. This is according to a new column published at Kiplinger Personal Finance. “There are more ways than ever to turn your equity into a source of retirement income,” the column reads. “Outside of a plain-vanilla refinance, retirees...
Tags: Featured, News, Retirement, Finance, Kiplinger, HSH, Keith Gumbinger, HELOC, Kiplinger Personal Finance, Gumbinger


How to scan a QR code on Android and iOS

Here's how to scan a QR code on your iPhone or Android phone. Many phones have built-in QR code scanners, but if yours doesn't, we recommend some apps to help.
Tags: Apple, Android, Mobile, Trends, How-to, Qr Codes, Qr Code, QR, Tier 4


How to add a contact in WhatsApp Messenger on Android and iOS

WhatsApp is one of the most popular messaging apps on the planet. Here's how to add your iOS and Android contacts to your WhatsApp list to easily stay in touch.
Tags: Apple, Android, Mobile, Trends, Whatsapp, How-to, Chat App, Tier 4, Best Messaging Apps



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