Jan 31, 2023 - The Jack Ma test for China"s promised shift

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From the Editor's Desk Gen Z and millennials are leading 'the big quit' in 2023why nearly 70% plan to leave their jobs Almost 4.2 million people voluntarily left their jobs in November, marking the 18th straight month of record-breaking quits in the U.S. — and according to new research, even more Americans are planning to switch jobs soon, with younger employees leading the wave.  More than half of U.S. workers — 61% — are considering leaving their jobs in 2023, a new report from LinkedIn has found, noting that a higher percentage of Gen Z (defined by LinkedIn as ages 18-25) and millennial (ages 26-41) workers are planning to call it quits than any other generation. Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. Access to premium content | No advertisement mailers Work The Jack Ma test for Chinas promised shift Beijings treatment of fallen entrepreneurs will provide evidence of how far it has shifted on the private sector Work JPMorgan reviews oversight of traders amid boom in financial markets JPMorgan Chase & Co. is working with KPMG to improve how the U.S. bank supervises its traders, sources with knowledge of the review told Reuters, as Wall Street wrestles with how to spot potential wrongdoing during a securities trading boom. � � � Work Three Memphis fire department employees fired in Tyre Nichols case The Memphis Fire Department said on Monday it had dismissed two emergency medical technicians and a lieutenant who responded to the fatal police beating of Tyre Nichols, after investigators found that a patient assessment was not conducted in a timely manner at the scene. Work Doctors in England and Wales urged to monitor peoples drinking habits More than 10m people consume alcohol at levels that pose a risk to their health, experts say You Might Like � � � Work Egypt soaring prices drive home economic pain In better times, Om Mohamed's family used to take holidays at resorts on Egypt's Red Sea coast. Now there is no money for vacations. Om Mohamed, 61, and her husband, who live with two grown-up sons... Work COVID-19 becomes leading respiratory cause of death among children, teenagers COVID-19 has surpassed pneumonia and the flu to become the leading respiratory cause of death among children and teenagers, a new study found. Work U.S. to end COVID-19 emergency declarations on May 11 President Biden's administration said it will end COVID emergency declarations on May 11, nearly three years after the U.S. imposed sweeping pandemic measures. Work Samsung's fourth quarter profit dips from poor chip and smartphone sales Samsung warmed that macroeconomic uncertainties are expected to continue up to the first half of 2023. You Might Like � � � Work Apple execs violated labor law after remarks that interfered with organizing: report U.S. labor lawyers reportedly found that Apple Inc. executives ran afoul of labor law, after they made remarks and set rules that chilled efforts to organize. Work Australia's Warner fears for future of test cricket MELBOURNE : Australia opener David Warner has expressed concern for the future of test cricket, with emerging players focusing on "short term" interests as lucrative T20 leagues proliferate globally.Warner, who has played 101 tests and more than 200 limited overs internationals, said he had tried to impre � Work Samsung Q4 profits plunge 69% to 8-year low on demand slump SEOUL: Samsung Electronics Co Ltd on Tuesday (Jan 31) reported its lowest quarterly profit in eight years and said persistent macroeconomic uncertainty will make for a tough first half year, though demand is likely to start recovering in the second half. Sluggish demand and inventory adjustment will contin Work From lessons of 3/11, Japan scientists share knowledge of disaster resilience across Pacific As Japans top researchers continue to glean new information from 3/11, some scientists are aiming to pass on that knowledge to the rest of the disaster-prone Pacific Rim. � Work How the death of alchemy gave birth to modern science Far from practicing witchcraft, the experimentation of medieval alchemy helped bring about the Scientific Revolution. Work Michaela Coel says film industry misses out on marginalised communities I May Destroy You writer and actor is set to take on new mentoring role for upcoming film-makers � Work AIG fires interim chief financial officer Insurer says Mark Lyons violated confidentiality rules Work Why Does It Feel Like Amazon Is Making Itself Worse? The everything store has gotten junkier and more chaotic. But, for the company, its only good business. � Work How to protect your pets during flu season Outbreak This winter's outbreak of upper respiratory illnesses has overwhelmed local animal shelters, vet clinics and boarding facilities. Work Is there life on Mars? Maybe, and it could have dropped its teddy The beaming face of a bear appears to have been carved into the planet's surface. Read more at straitstimes.com. Work Three years after leaving EU, British PM Sunak hails Brexit as 'huge opportunity' A YouGov poll last week found 63 per cent think the government is handling Brexit badly. Read more at straitstimes.com. Work IOC rejects 'defamatory' criticism from Ukraine Ukraine said Russian presence at the Games gives them 'a platform to promote genocide'. Read more at straitstimes.com. Work Twitter makes first interest payment on Musk buyout debt Twitter Inc has made its first interest payment under Elon Musk after the billionaire took the social media company private last year using about $12.5 billion of debt, Bloomberg News reported on Monday, citing people with knowledge of the matter. Work Whats Next For Markets As The U.S. Reaches It Debt Limit? The clock is ticking on the U.S. debt limit. There are clear risks to the U.S. economy if any agreement is delayed and financial markets are starting to take note. Work First on CNN: 2 people who searched Trump properties for classified documents testified before federal grand jury in Mar-a-Lago probe | CNN Politics Two people who found two classified documents in a Florida storage facility for Donald Trump have testified before a federal grand jury in Washington that's looking at the former president's handling of national security records at his Mar-a-Lago residence, according to sources familiar with the investigation. Work Not Everyone Is a Fan of MrBeast's New Video In a video uploaded on Jan. 29, the creator paid for 1,000 blind people to have surgery to restore their vision Work Samsung Electronics Q4 profit plummets amid global chip downturn South Korean tech giant's slump expected to continue in first half of this year Work The Push to Scale Plant-Based Plastics FabricNano says it has found an affordable way to swap petrochemicals for plants and proteins. Work The End of Noncompete Agreements May Be Near Earlier this month, the Federal Trade Commission unveiled a proposal that would block companies from limiting their employees ability to work for a rival through noncompete agreements. We asked Yale SOMs Fiona Scott Morton about the bans potential impact on wages, innovation, and the economy as a whole. Work Brazils Bolsonaro applies for 6-month U.S. visitor visa Former Brazilian President Jair Bolsonaro has filed a request for a six-month visitor visa to stay in the U.S., indicating he may have no immediate intention of returning home, where legal issues await. Work Ford to cut prices of Mustang Mach-E, following Tesla's lead Ford Motor Co on Monday cut prices of its electric crossover SUV Mustang Mach-E by as much as $5,900 per vehicle, weeks after rival Tesla Inc slashed prices globally on its electric vehicles by as much as 20%. Work Gucci names De Sarno as creative director with task of reviving brand A red carpet favorite, Piccioli is known for adding a contemporary flair to the label's extravagant breed of glamour, generating buzz with head-to-toe bright pink looks for Zendaya. Work WATCH: Biden hails plans for big East Coast railroad tunnel fix Greeted by the cheerful blare of a train horn, President Joe Biden stood Monday before a decrepit rail tunnel that he estimated he's been through 1,000 times fearing for decades it might collapse. Work Where have all Americas workers gone? The supply of workers is at pre-pandemic levels, but demand is far greater Work Over 50,000 pounds of charcuterie-style sausage recalled over listeria contamination The USDA Food Safety and Inspection Service announced a recall from Daniele International LLC of 52,914 pounds of products due to Listeria contamination concerns. Work US, South Korea To Hold 'Tabletop' Exercises On Nuclear Threats The United States and South Korea will hold discussion-based exercises on addressing nuclear threats, US Defence Secretary Lloyd Austin said Tuesday. Work Biden administration plans to end Covid public health emergency on May 11 Covid has killed more than 1 million people in the U.S. since 2020. Deaths have dropped dramatically since the pandemic peak during winter 2021, but nearly 4,000 people are still succumbing to the virus every week. Work U.S. court rejects J&J bankruptcy strategy for tens of thousands of talc lawsuits Plaintiffs and other legal experts urged U.S. Bankruptcy Judge Michael Kaplan last year to dismiss the J&J subsidiary\'s bankruptcy, arguing it was filed in bad faith and risked becoming a blueprint for large corporations seeking to avoid undesirable litigation. Work Australia and France agree arms deal for Ukraine as talks seek to bury Aukus debacle “We are obviously working closely with the US and the UK to develop a nulcear power submarine capability. We will be in a position to make our annoucement about that soon…there are no plans for any conventional powered interim submarine capability as we work towards gaining nuclear power capability.” Work Poland could supply Ukraine with F-16 fighters, Kyiv suggests France and Australia also announced they would supply Ukraine with several thousand 155mm shells needed for artillery provided by the west since Russia’s invasion, at a summit between defence ministers Sébastien Lecornu and Richard Marles. Work Polish health minister appalled girl, 14, struggled to get abortion after rape In the UK, Rape Crisis offers support for rape and sexual abuse on 0808 802 9999 in England and Wales, 0808 801 0302 in Scotland, or 0800 0246 991 in Northern Ireland. In the US, Rainn offers support on 800-656-4673. In Australia, support is available at 1800Respect (1800 737 732). Other international helplines can be found at ibiblio.org/rcip/internl.html Work Biden will announce end of national and public health Covid emergencies in May “The country has largely returned to normal,” Cole said Monday, introducing a Republican-backed bill calling for an end to the health emergency. “Everyday Americans have returned to work and to school with no restrictions on their activities. It is time that the government acknowledges this reality: the pandemic is over.” Work Daily Crunch: Marqeta acquires fintech infrastructure startup Power Finance for $275M All right, now here you are, checking all the security boxes, getting your two-factor authentication set up, and along comes a hacker — albeit paid by Meta — that finds a bug, which allows someone to bypass that two-factor authentication on Facebook and Instagram. I guess it’s good they caught it, but ugh! Lorenzo has more. Work If, and only if, McDonald's had an appetite for acquisitions Equity drops at 10:00 a.m. PT every Monday and at 7:00 a.m. PT on Wednesdays and Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together and more! Work Is venture funding already back? “It was an interesting time in the Nasdaq and [regarding] world geopolitical issues,” he said, referring to the confluence of events that made 2022 a year that many would sooner forget, from Russia’s invasion of Ukraine and disrupted supply chains to surging inflation around the world. Work Three months ago, he was laid off from Twitter. Now, his competing app Spill is funded. “We are excited that Spill aims to address major challenges created by existing social media platforms and utilize technology to build more diverse, equitable, and inclusive online communities,” said Allison Scott, CEO of the Kapor Center, in an emailed statement. Work Its time to cast your votes for TC Early Stage Audience Choice ( function() {var func = function() {var iframe = document.getElementById(\'wpcom-iframe-993d01d25859c24ae22ff27863e93e71\')if ( iframe ) {iframe.onload = function() {iframe.contentWindow.postMessage( {\'msg_type\': \'poll_size\',\'frame_id\': \'wpcom-iframe-993d01d25859c24ae22ff27863e93e71\'}, \"https:\\/\\/tcprotectedembed.com\" );}}// Autosize iframevar funcSizeResponse = function( e ) {var origin = document.createElement( \'a\' );origin.href = e.origin;// Verify message originif ( \'tcprotectedembed.com\' !== origin.host )return;// Verify message is in a format we expectif ( \'object\' !== typeof e.data || undefined === e.data.msg_type )return;switch ( e.data.msg_type ) {case \'poll_size:response\':var iframe = document.getElementById( e.data._request.frame_id );if ( iframe && \'\' === iframe.width )iframe.width = \'100%\';if ( iframe && \'\' === iframe.height )iframe.height = parseInt( e.data.height );return;default:return;}}if ( \'function\' === typeof window.addEventListener ) {window.addEventListener( \'message\', funcSizeResponse, false );} else if ( \'function\' === typeof window.attachEvent ) {window.attachEvent( \'onmessage\', funcSizeResponse );}}if (document.readyState === \'complete\') { func.apply(); /* compat for infinite scroll */ }else if ( document.addEventListener ) { document.addEventListener( \'DOMContentLoaded\', func, false ); }else if ( document.attachEvent ) { document.attachEvent( \'onreadystatechange\', func ); }} )(); Work Jump on our limited two-for-one Disrupt 2023 presale offer Plan-ahead reward: unlocked. Now, with one less task to think about, you’re ready to unlock even more rewards and opportunities at TechCrunch Disrupt on September 19–21. We can’t wait to see you there! Work Married father of 7 claims he was fired from Google after rejecting advances of high-ranking female colleague More from Fortune: Olympic legend Usain Bolt lost $12 million in savings to a scam. Only $12,000 remains in his accountMeghan Markle’s real sin that the British public can’t forgive–and Americans can’t understand‘It just doesn’t work.’ The world’s best restaurant is shutting down as its owner calls the modern fine dining model ‘unsustainable’Bob Iger just put his foot down and told Disney employees to come back into the office Work I'm 49 years old and have nothing saved for retirement what should I do? Don't panic. Here are 3 of the easiest ways you can catch up (and fast) Americans aged 45 to 54 made $892 a month from their side hustles, while those aged 55 to 65 earn around $1,061 a month on average. Popular options can include renting out a property you own or reselling items on eBay or Amazon. Work Scholz bid to rally Ukraine support in South America falls flat By Reuters Work Amid chaos and uncertainty, U.S. takes the long view But there is value in taking the long view, like Hudson did to a large extent this window. Some players like Aaronson and Cowell could find themselves at the FIFA U20 World Cup later this year. And given the close proximity between the Nations League final and the Gold Cup in June, it remains to be seen if the U.S. will field a B-team roster in the latter competition, like Berhalter did in 2021. That tournament saw the likes of Miles Robinson and Matt Turner stake their claim to spots with the full team, and following that approach this time could yield similar results. Work A tiny Spanish port has become a new hub for Russian oil On Friday (Jan. 27), the EU began talks to discuss whether to lower the price cap on Russian oil and strengthen sanctions. The US is pushing to keep the price cap at $60 per barrel, while a coalition of countries led by Estonia, Lithuania and Poland are arguing for a price cap of $40 to $50, below the Russian crude’s average market price of $54 in December, and $52 in January. Work Wall St. Is Counting on a Debt Limit Trick That Could Entail Trouble “We are sticking our necks out,” said Joydeep Mukherji, the primary credit rating analyst for the United States at S&P. “If we are wrong, it will be the biggest mistake we have ever made.” Work ABC Co-Anchors to Leave Network After Tabloid Scandal “GMA3,” an offshoot of “Good Morning America,” premiered in 2018. Ms. Robach, who had been with ABC News since 2012, and Mr. Holmes, there since 2014, teamed up as the show’s co-hosts in 2020. Work Ford and General Motors enter a new phase of uncertainty on prices and demand Ford reportedly plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany\'s IG Metall union said last week. GM, which sold its European business in 2017, has not announced such actions. Work US court rejects J&J bankruptcy strategy for tens of thousands of talc lawsuits | CNN Business Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited. Work Being Edward Hopper A few blocks south of the Guggenheim, another museum shop has jumped on the persona bandwagon. The Neue Galerie, dedicated to the first modern artists from Central Europe, is offering “an exact replica of Gustav Klimt’s painting smock, circa 1903.” For $395, you can look just like a painter that almost no one would ever recognize. But I guess if the Neue gets enough people parading through town in those smocks, Klimt will join Kahlo as yet another artist whose look has as much appeal as the work. Work Opinion | Will Americans Even Notice an Improving Economy? The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com. Work Suicide Bombing Tears Through Pakistan Mosque, Killing Dozens “This is especially challenging for the country, as the surge in terrorist violence has come at a time when the economy is on the brink and politics is deeply polarized,” said Maleeha Lodhi, a former Pakistani ambassador to the United States. “Pakistan’s law enforcement agencies need to step up efforts to contain the surge in terrorist activity since the Taliban’s return to power in neighboring Afghanistan.” Work BBC Arabic Radio Airs Final Broadcast After 85 Years “I am concerned that the absence of BBC radio in a dictatorship country could lead to massive negative consequences,” she wrote, pointing to the service’s stories about political prisoners in Egypt. She saw BBC Arabic as one of a few outlets that covered such issues in depth. Work A Murder Mystery With Clothes to Die For “The gloves are just hilarious,” Mr. Cumming said. He wears them with what he called “a little policeman’s cape” and a porkpie hat — an eccentric get-up that even he said pushed the limits of an already theatrical wardrobe. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy  |  Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India Subscribe to: Post Comments (Atom) Followers Blog Archive ►  2024 (50) ►  October (2) ►  August (2) ►  July (4) ►  June (3) ►  May (5) ►  April (4) ►  March (2) ►  February (10) ►  January (18) ▼  2023 (834) ►  December (20) ►  November (54) ►  October (44) ►  September (108) ►  August (91) ►  July (29) ►  June (68) ►  May (104) ►  April (33) ►  March (30) ►  February (99) ▼  January (154) A Physical Theory For When the Brain Performs Best... Feb 1, 2023 - 4 Startup Terms Explained With Analo... 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