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Teachers play a important role in shaping young minds. Educators who are dedicated and kind are remembered by their students long after they have left school. Some teachers inspire their pupils to do their best, and not just in their studies. Teachers Day was celebrated on Monday May 16. Here are the letters from Starchild readers about their favourite teachers. Lakshmita Vigneswaran , 12, thinks highly of her favourite teacher, Rima Rohani Mohamad. “She has been teaching me Bahasa Melayu for two years. Pn Rima is understanding and motherly. I am proud to have her as my class teacher. Happy Teachers’ Day, and may God bless her always.” Lakshmita Vigneswaran, 12 Bethany Wang Qi Syuen, 7 “I have three teachers teaching me in Year One. Two of them wear a microphone so that everyone in class can hear what they are teaching. I enjoy my various lessons, especially English. I look forward to celebrating my first Teachers Day in school,” says Bethany Wang Qi Syuen , … [Read more...] about Starchild: Malaysian children pay tribute to their favourite teachers

Share to Twitter Share to Linkedin Pilots at Spirit Airlines SAVE haven’t taken a position on the carrier’s merger future, but they don’t like what they have seen about the carrier’s plan for their futures. In a letter sent to members on Wednesday, Ryan Muller, chairman of the Spirit chapter of the Air Line Pilots Association, said he is concerned that Spirit has no intent to raise pilot wages over the next five years. Spirit has about 3,000 pilots. Muller said he read a JetBlue Securities & Exchange Commission filing, which described an April 19th conference call in which Spirit management described a five-year plan that “did not contemplate any wage increase for team members, including pilots, at a time of high attrition and an anticipated shortage of pilots.” The call included “members of JetBlue leadership and Spirit’s senior management team, along with representatives from Goldman Sachs, Morgan Stanley MS and Barclays,” Muller said. … [Read more...] about Spirit Airlines Pilots Want To Know: Is The Airline Eyeing Flat Pay For Five Years?

(CNN) When it comes to salary negotiations , job candidates have a lot of leverage these days. "There are a number of economic factors that are relevant for thinking about salary negotiations right now," said Linda Babcock, an economics professor at Carnegie Mellon University. Along with rising inflation, the nationwide labor shortage -- there are now almost two jobs available for every job seeker -- has given workers "a lot more bargaining power than they have traditionally had in softer labor markets," she said. With that in mind, here's how experts suggest you handle salary negotiations in today's market: Nice to meet you, how much do you want to make? Recruiters are getting to the salary question much earlier these days. Read More The job hunt can be exhausting. Here's how to cope "What has really accelerated in the past few months is companies asking candidates very early in the process what their salary … [Read more...] about Employees have the upper hand in today’s job market. Here’s how to negotiate your salary

RBI Governor Shaktikanta Das. The Reserve Bank of India (RBI) Governor Shaktikanta Das on May 17 and May 18 met heads of state-run and private banks to take a stock of credit growth and asset quality in the banking system in the wake of recent geopolitical developments, the central bank said. “In his introductory remarks, the Governor noted the key role played by the banks in supporting the economy throughout the pandemic,” the central bank said in a release on Wednesday. Das further stated that the banking sector has remained resilient and has continued to improve despite facing various headwinds. He also advised banks to remain watchful of the recent geopolitical developments and take mitigating measures proactively including raising capital for ensuring that the potential impact on their balance sheets is minimised. Governor Das also urged banks to pay specific attention to further improving their grievance redress systems and continue to provide the necessary support … [Read more...] about RBI Governor meets bank chiefs to discuss credit growth, asset quality

Attempts to unionize Amazon.com, Inc. ( AMZN ) workers at two large facilities in the Staten Island borough of New York City have produced mixed results, with workers at one voting for unionization and those at the other voting against. The latter results were announced on May 2, 2022. Meanwhile, Amazon is asking the National Labor Relations Board (NLRB) to invalidate the vote in favor of the union, alleging various electoral irregularities. The Amazon Labor Union (ALU) won by a vote of 2,654 (55%) in favor out of 4,785 ballots counted at the JFK8 warehouse. However, the union lost by a margin of 618 (62%) against out of 998 votes counted at the adjacent LDJ5 sorting facility. The former site employs more than 8,000 people, while the latter has approximately 1,633 eligible voters. Key Takeaways After winning a vote to organize workers at an Amazon.com facility in Staten Island, New York, the same union lost a vote at an adjacent facility. Amazon had worked … [Read more...] about Amazon (AMZN) Union Gets Split Decision in NYC

Facebook, Inc. ( FB ) stock rallied to a three-month high on Thursday after the company beat third quarter profit and revenue estimates. However, it was a mixed session because the social media giant gapped up and posted the day's high a few minutes after the opening bell before pulling back throughout the day and closing near the intraday low. The reversal highlighted hidden selling pressure while warning new investors that gains may be limited in coming weeks. Technical and political headwinds are likely to drive price action well into 2020, with massive overhead supply around $200 still in place after July 2018's 41-point sell gap and down day. The stock posted the highest selling volume in the past six years in that session, with shareholders hitting the sidelines after the company warned that privacy issues following the Cambridge Analytica scandal were taking a toll on user interaction. That loss of trust has spiraled into a series of international accusations and … [Read more...] about Facebook Upside Appears Limited Despite Strong Quarter

Stock investors who expect to rake in big profits on the soaring shares of Uber Technologies and Lyft when they go public should think again, according to a detailed analysis by industry expert Joseph Vitale. Deloitte’s global automotive practice leader, whose group delivers consulting, risk management, and other services to auto makers, suppliers, dealers, and car rental companies, and also advises governments, is not one of the wave of sell-side analysts waiting to market the two ride-hailing stocks. 4 Reasons to Be Cautious About Uber and Lyft Uber and Lyft are actually worsening the urban congestion problem. Ride hailing will become less convenient for consumers as congestion increases. Ride hailing isn’t as economically traffic-efficient as taxis. Ride sharing has declined among the heaviest users. Unicorns Valued at $120B and $19B The public debuts of America’s two leading ride-hailing rivals are among the most anticipated in 2019, as the volume of IPOs … [Read more...] about Read This Before Investing in Uber and Lyft IPOs

- A + A BENGALURU (May 20): Bank Indonesia will wait a few more months to raise rates from a record low despite rising inflation and aggressive moves by the US Federal Reserve, according to a Reuters poll of economists that showed a growing minority expect a hike next month. Although inflation surged to 3.47% in April, the highest in more than four years, it is still within Bank Indonesia's 2%-4% target range, suggesting the central bank is not under immediate pressure to raise interest rates. All but two of 27 economists in the May 12-19 poll expected Bank Indonesia (BI) to hold its benchmark seven-day reverse repurchase rate at a record low 3.50% at its May 24 meeting. Two expected a 25 basis point hike. Nearly one-third of respondents, 8 of 27, said the first rate rise would be in June, and the remaining 17 said it would come at one of the monthly meetings in July-September. "Next month, we expect policymakers to lay the ground for a hawkish pivot, factoring … [Read more...] about Bank Indonesia to pull rates lever in Q3, June move possible

Bloomberg filepix for illustration purpose only - A + A (May 20): China's crude oil imports from top supplier Saudi Arabia soared 38% in April from a year earlier, hitting the highest monthly volume since May 2020, according to Reuters ' calculations based on official Chinese customs data. Saudi shipments amounted to 8.93 million tonnes last month, equivalent to 2.17 million barrels per day (bpd), according to data from the Chinese General Administration of Customs. The hefty purchases, with trades completed mostly in February, compare with 1.61 million bpd in March and 1.57 million bpd a year earlier. Imports from second-largest supplier Russia rose a more modest 4% last month from a year earlier, with cargoes booked before western governments toughened sanctions over Russia's invasion of Ukraine in late February. Russian oil arrivals in April totalled 6.55 million tonnes, or 1.59 million bpd, data showed, up slightly from 1.5 million bpd in March and … [Read more...] about China’s April Saudi oil imports soar 38% on yr, Russian oil up 4%

- A + A (May 20): President Vladimir Putin said on Friday that the number of cyber attacks on Russia by foreign "state structures" had increased several times over and that Russia must bolster its cyber defences by reducing the use of foreign software and hardware. The websites of many state-owned companies and news websites have suffered sporadic hacking attempts since Russia sent its armed forces into Ukraine on Feb 24, often to show information that is at odds with Moscow's official line on the conflict. "Targeted attempts are being made to disable the internet resources of Russia's critical information infrastructure," Putin said, adding that media and financial institutions had been targeted. "Serious attacks have been launched against the official sites of government agencies. Attempts to illegally penetrate the corporate networks of leading Russian companies are much more frequent as well," he said. In a meeting with the Security Council, Putin said that … [Read more...] about Putin promises to bolster Russia’s IT security in face of cyber attacks