Thursday, February 22, 2024

Feb 23, 2024 - What to see and do during S'pore Airshow public days on Feb 24, 25

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TradeBriefs Editorial

From the Editor's Desk

Why You Should Build a Career Portfolio (Not a Career Path) - Harvard Business Review (No paywall)

Up until this point, we have lacked the language necessary to design our careers in ways that veer from the traditional script. But now there is hope. A new vocabulary is emerging. At the heart of it is a shift from pursuing a “career path” to creating your “career portfolio.” Whereas a career path tends to be a singular pursuit (climb the ladder in one direction and focus on what is straight ahead), a career portfolio is a never-ending source of discovery and fulfillment. It represents your vast and diverse professional journey, including the various twists and turns, whether made by choice or by circumstance. While your portfolio can include traditional paid jobs, don’t limit it to that. Think bigger. Your portfolio is created by you, rather than determined for you by someone else (like a bunch of hiring managers). It reflects your professional identity and potential. It includes your unique combination of skills, experiences, and talents that can be mixed, matched, and blended in different ways. In a world of uncertainty, talent that can expand their thinking beyond boxes, silos, or sectors will be in demand. Those who make an effort to build a career portfolio now will be more prepared to pitch themselves for (and even create) new opportunities, as they will be well-practiced at making creative connections between their various skills and the skills required of the jobs they most wish to pursue.

Continued here


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Singapore
What to see and do during S’pore Airshow public days on Feb 24, 25  
  

What to see and do during S’pore Airshow public days on Feb 24, 25
Visitors can grab quick bites and refreshments at four food stands, including one by craft brewery Brewerkz, by the entrance to the outdoor static displays. There are also three food stalls in the exhibition hall.


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Odysseus spacecraft lands on the moon as Nasa hails 'giant leap forward' - as it happened  
  

Odysseus spacecraft lands on the moon as Nasa hails 'giant leap forward' - as it happened
Today for the first time in more than a half century, the US has returned to the moon. Today for the first time in the history of humanity, a commercial company, an American company launched and led the voyage up there. And today is a day that shows the power and promise of NASA's Commercial partnerships. Congratulations to everyone involved in this great and daring quest at Intuitive Machines, SpaceX and right here at Nasa.


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Accidents, Lax Rules and Abortion Laws Now Imperil Fertility Industry  
  

Accidents, Lax Rules and Abortion Laws Now Imperil Fertility Industry
Denise Burke, senior counsel with the Alliance Defending Freedom, which opposes abortion rights, called the Alabama decision “a tremendous victory for life” that protected “unborn children created through assisted reproductive technology.”


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AT&T outage: Cell service back after widespread interruptions  
  

AT&T outage: Cell service back after widespread interruptions
The US Cybersecurity and Infrastructure Security Agency is \"working closely with AT&T to understand the cause of the outage and its impacts, and stand ready to offer any assistance needed\", said Eric Goldstein, its executive assistant director for cybersecurity, in a statement.


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Eiffel Tower Is Closed for 4th Day as Its Workers Strike  
  

Eiffel Tower Is Closed for 4th Day as Its Workers Strike
“The years 2020 to 2023, from Covid to its lasting consequences, were difficult for the Eiffel Tower and its employees, and have left concerns for the future,” Jean-François Martins, the president of the SETE, acknowledged in a statement.














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Intuitive Machines lands on the moon in historic first for a U.S. company  
  

Intuitive Machines lands on the moon in historic first for a U.S. company
Governments and private companies alike have made more than 50 attempts to land on the moon with mixed success since the first attempts in the early 1960s, and the track record has remained shaky even in this century. But that\'s not deterring the modern moon race that\'s now well underway.


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Israel wants administrators 'without Hamas or PA links' to run Gaza  
  

Israel wants administrators 'without Hamas or PA links' to run Gaza
Tensions are rising in the West Bank ahead of the Muslim holy month of Ramadan, which in the past has seen increased clashes, often in connection to restrictions imposed on Palestinian worshippers going to Al-Aqsa Mosque in Jerusalem's Old City during the holy month.


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Biden fundraising 'dream team' creates $140 million war chest to take on Donald Trump  
  

Biden fundraising 'dream team' creates $140 million war chest to take on Donald Trump
\"We don\'t have a choice,\" said one formerly frustrated Biden fundraiser from Wall Street, who is helping the president again after connecting with Gifford and Katzenberg. \"We can\'t let Trump win.\"


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Suspensions after 'Israel' crossed out on birth certificate  
  

Suspensions after 'Israel' crossed out on birth certificate
The Home Office launched an urgent review of the claims on Tuesday. The CAA said the certificate was sent off two weeks ago and was returned on Monday with the father's place of birth crossed out. The mother's place of birth, which is also Israel, is untouched.


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Navalny's mother shown body and 'blackmailed by authorities' over funeral  
  

Navalny's mother shown body and 'blackmailed by authorities' over funeral
Since the start of the full-scale invasion of Ukraine, tens of thousands of Russians have been detained for opposing the war, according to the human rights group OVD-Info. According to a separate report published by the Russian investigative outlet Proekt, more than 100,000 Russians have been victims of political repression since 2018.


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Kamala Harris Pushes Abortion Rights in Michigan, With Gaza Anger as Backdrop  
  

Kamala Harris Pushes Abortion Rights in Michigan, With Gaza Anger as Backdrop
The state’s large population of Arab Americans, as well as its progressive voters, have expressed deep anger at Mr. Biden over his support for Israel. Its bombardment and invasion of Gaza after the Oct. 7 terrorist attack by Hamas, which killed 1,200 people, have led to a death toll nearing 30,000 Palestinians, according to local authorities.


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Moving Pets Abroad Has Always Been Expensive. It’s About to Get Worse.  
  

Moving Pets Abroad Has Always Been Expensive. It’s About to Get Worse.
Details around the new pricing structures and affected routes were unclear, but some companies that work with IAG Cargo were already seeing the effects. Kimberley Cirone, a director at Pets Abroad UK, a pet relocation company that takes care of all the requirements for customers and works with airlines, said the costs for transferring pets between Britain and the United States were increasing 400 percent “with no warning, no consideration, no explanation.”


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America's wealthiest are dodging $150 billion in taxes each year, according to the IRS Commissioner  
  

America's wealthiest are dodging $150 billion in taxes each year, according to the IRS Commissioner
Notably, one individual last September was ordered to pay $15 million in restitution after they were discovered to have falsified millions of dollars of personal expenses as deductible business expenses. Among their expenses were costs related to the construction of a 51,000 square-foot mansion, an outdoor pool and pool house; and tennis, basketball, and bocce courts.


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Existing home sales rose 3% to start the year, but higher mortgage rates are already hurting  
  

Existing home sales rose 3% to start the year, but higher mortgage rates are already hurting
While lower mortgage rates helped boost January sales, today\'s higher rates are already once again weighing on the market. A separate report from Redfin showed new listings rose 10% year over year during the four weeks ended Feb. 18, the biggest increase in two months. Signed contracts, however, were down 7% from a year ago, according to the report.


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Rivian and Lucid shares plunge after weak EV earnings reports  
  

Rivian and Lucid shares plunge after weak EV earnings reports
Electric truck maker Nikola reported worse-than-expected revenue and a slightly better-than-expected loss per share in its earnings Thursday. The stock traded about flat Thursday, and has lost nearly all of its value since it hit an all-time high of $93.99 in June 2020.


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Most UK firms stick with a four-day working week after taking part in world's biggest trial  
  

Most UK firms stick with a four-day working week after taking part in world's biggest trial
Of the 61 British companies that took part in a six-month pilot in 2022, at least 54 (89%) said the policy was still in place, while 31 firms (51%) said they had permanently switched to a four-day working week.


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Trump clemency recipient Philip Esformes pleads guilty in Medicare fraud case  
  

Trump clemency recipient Philip Esformes pleads guilty in Medicare fraud case
The jury convicted him of 20 criminal counts at trial, but deadlocked on six others. A judge sentenced Esformes to 20 years in prison. Five months after Trump commuted Esformes\' sentence, the DOJ said it would seek to re-try him on those remaining six counts.


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Moderna stock jumps after company posts surprise quarterly profit even as Covid vaccine sales plunge  
  

Moderna stock jumps after company posts surprise quarterly profit even as Covid vaccine sales plunge
The pipeline also includes Moderna\'s personalized cancer vaccine, a highly anticipated shot being developed with Merck to target different tumor types in combination with the blockbuster immunotherapy Keytruda. 


Singapore


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Recession is coming and it could send stocks plummeting 26% as dwindling savings rates spark a 'vicious cycle' in the economy, strategist says  
  

Recession is coming and it could send stocks plummeting 26% as dwindling savings rates spark a 'vicious cycle' in the economy, strategist says
Other market commentators have warned of a coming recession and the risks posed to stocks. According to the \"full model,\" the US has an 85% chance of slipping into a downturn, the highest probability recorded since the 2008 Great Financial Crisis. Meanwhile, New York Fed economists are pricing in a 61% chance the US slips into recession sometime before January 2025.


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Reddit Files to Go Public, in First Social Media I.P.O. in Years  
  

Reddit Files to Go Public, in First Social Media I.P.O. in Years
“We are going public to advance our mission and become a stronger company,” Steve Huffman, Reddit’s chief executive, said in a founder’s letter included in the prospectus. “We hope going public will provide meaningful benefits to our community as well. Our users have a deep sense of ownership over the communities they create on Reddit.”


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Capital One's acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal  
  

Capital One's acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal
Capital One needs to get approvals from the Federal Reserve and the Office of the Comptroller of the Currency for the deal to go through. The Justice Department also has the right to comment on the acquisition, and can litigate to block the transaction.


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Kremlin lashes out after Joe Biden aims sweary barb at Vladimir Putin  
  

Kremlin lashes out after Joe Biden aims sweary barb at Vladimir Putin
In a brief speech in San Francisco, Mr Biden said: "We have a crazy SOB like that guy Putin, and others, and we always have to worry about nuclear conflict, but the existential threat to humanity is climate."


Singapore
Students to enjoy better outdoor experiences with three new campsites to be built by 2032  
  

Students to enjoy better outdoor experiences with three new campsites to be built by 2032
MOE said it is also consulting with the National Parks Board, the National Environment Agency and PUB, and has also engaged nature groups like Nature Society (Singapore) and Singapore Youth Voices for Biodiversity. 


Singapore


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Dune: Part Two 'like no other blockbuster', say impressed critics  
  

Dune: Part Two 'like no other blockbuster', say impressed critics
Critic Clarisse Loughrey added that the film was the "ultimate payoff to 2021's great gamble, when filmmaker Denis Villeneuve chose to adapt half of Frank Herbert's foundational sci-fi novel, with no guarantee a sequel would ever be made".


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Large-scale cellular phone outage hits AT&T customers across the US  
  

Large-scale cellular phone outage hits AT&T customers across the US
The department said via X: “Many 911 centers in the state are getting flooded w/ calls from people trying to see if 911 works from their cell phone. Please do not do this. If you can successfully place a non-emergency call to another number via your cell service then your 911 service will also work.”


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A Century Later, 17 Wrongly Executed Black Soldiers Are Honored at Gravesites  
  

A Century Later, 17 Wrongly Executed Black Soldiers Are Honored at Gravesites
The headstones were unveiled after an honor guard fired a three-volley rifle salute, a bugler played “Taps” and officials presented the descendants with folded American flags and certificates declaring that the executed soldiers had been honorably discharged.


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Supreme Court Allows $2.4 Billion Boy Scouts Sex Abuse Deal to Go Forward  
  

Supreme Court Allows $2.4 Billion Boy Scouts Sex Abuse Deal to Go Forward
After Justice Samuel A. Alito Jr. temporarily paused the settlement earlier this month, the bankruptcy judge overseeing the case suspended work on the deal, which has already paid about $8 million to several thousand victims.


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Niklaus Wirth, Visionary Software Architect, Dies at 89  
  

Niklaus Wirth, Visionary Software Architect, Dies at 89
The agent assigned him the middle seat next to his supposed colleague, who had the window. Sitting down, Mr. Beck confessed to the fraud right away. Dr. Wirth was mildly amused. “Once a geek knows that you’re interested in what they geek about,” Mr. Beck said, “then the conversation is off and running.”


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Fed's Waller wants more evidence inflation is cooling before cutting interest rates  
  

Fed's Waller wants more evidence inflation is cooling before cutting interest rates
Markets just a few weeks ago had been pricing in a high probability of a rate cut when the Fed next meets on March 19-20, according to fed funds futures bets gauged by the CME Group. However, that has been pared back to the June meeting, with the probability rising to about 1-in-3 that the FOMC may even wait until July.


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Here are some strategies to maximize your financial aid for college  
  

Here are some strategies to maximize your financial aid for college
In fact, there are more than 1.7 million private scholarships and fellowships available, often funded by foundations, corporations and other independent organizations, with a total value of more than $7.4 billion, according to higher education expert Mark Kantrowitz.


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Man allegedly tries to sell counterfeit S$10,000 note to S'pore Chinatown store  
  

Man allegedly tries to sell counterfeit S$10,000 note to S'pore Chinatown store
Liao Jiawen (transliteration from Mandarin), who owns Carmen Numismatic, told Shin Min Daily News (Shin Min) that a man in his 30s or 40s came to her shop that afternoon, accompanied by a woman.


Singapore
UOB gives 600 junior staff in S'pore 1-month bonus to cope with rising cost of living  
  

UOB gives 600 junior staff in S'pore 1-month bonus to cope with rising cost of living
In a media statement issued in the same month, Jacquelyn Tan, head of group personal financial services at UOB, said the daily average UOB credit card applications across Singapore, Thailand, Malaysia, Indonesia, and Vietnam in the week of Jun. 21 to 27 had increased by 45 per cent as compared with preceding weeks in June 2023.


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OpenAI CEO Sam Altman stands to net millions as Reddit goes public  
  

OpenAI CEO Sam Altman stands to net millions as Reddit goes public
Now Altman trying to increase adoption of OpenAI\'s services, including the popular ChatGPT chatbot. Reddit said in its filing that it sees competition from large language models that can produce human-like text in response to a few words of written input. Among the LLMs listed are Google\'s Gemini, startup Anthropic and ChatGPT.


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Tax evasion by millionaires and billionaires tops $150 billion a year, says IRS chief   
  

Tax evasion by millionaires and billionaires tops $150 billion a year, says IRS chief
\"Imagine all the audits are laid out before us on a table,\" he said. \"What AI does is it allows us to put on night vision goggles. What those night vision goggles allow us to do is be more precise in figuring out where the high risk [of evasion] is and where the low risk is, and that benefits everyone.\"


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The Debate Over Ethnic Studies in California  
  

The Debate Over Ethnic Studies in California
Some scholars see the Palestinians’ situation as perhaps the most crucial current-day example of the pattern of settler colonialism that brought Europeans to the Americas and led to the displacement and genocide of Native Americans.


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A Quarter of Smokers Quit Under Menthol Bans, Study Finds  
  

A Quarter of Smokers Quit Under Menthol Bans, Study Finds
The study analyzed the effects of bans in other countries, including Canada and some in the European Union, as well as bans in force in states, including Massachusetts. The researchers reviewed studies, smoking rates and cigarette sales as part of their analysis.




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