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Share to Twitter Share to Linkedin Key Takeaways Base Case Unchanged For Fed Chipotle Earnings Disappoint Disney Earnings Tonight Jerome Powell spoke Tuesday for the first time since last Friday’s much stronger than expected jobs report. Speaking before the Economic Club of Washington, D.C., the Chairman of the Federal Reserve said the process to lowering inflation will take time and bring challenges. He reiterated his base case that more interest rate hikes are necessary; however, the expectations by markets remained unchanged, seeming to reflect the notion that what has been done has been effective. Prior to Powell’s appearance Tuesday, markets were relatively quiet. But that didn’t last. In the immediate aftermath of his talk, markets rallied only to then sell off before finally staging a strong rally to close the day. The S&P 500 gained over 1% while the Nasdaq Composite was up nearly 2%. The volatile swings may be indicative of a … [Read more...] about Chipotle Misses On Earnings; Disney Reports Tonight

In 2022 alone, professionals in India spend a total of 4.6 million hours learning on the platform. This is twice the number of learning hours spent by LinkedIn users in the United States (Representative Image) Business, marketing, technology, and people skills were the most in-demand skills for companies and professionals in 2023, as per LinkedIn’s newly launched ‘Workplace Learning Report’. “Despite tough macroeconomic conditions, learning in-demand skills will be critical for professionals to become more employable in any job market and reach their career goals in 2023,” the report noted. Follow our LIVE News blog here Top 10 Skills As per the research, the Top 10 most in-demand skills for the year in India featured a blend of business and marketing skills. This includes management, communications, and sales. Further tech skills such as software development, SQL, and Java. Read More Further, leadership and analytical skills are also featured on the … [Read more...] about Management, communication & tech top list of most in-demand skills for employees: LinkedIn report

Share to Twitter Share to Linkedin The state of Montana has a wealth of riches to draw in newcomers, including four full seasons offering a wide range of outdoors activities, no traffic, a low cost of living, and friendly people, to name just a few. Now a consortium of government, academic and business leaders in the state, including the Montana Manufacturing Association under the Montana Chamber of Commerce, has been working for the past few years on a collection of other attractions to draw one specific kind of newcomer to Big Sky Country: manufacturers. While Montana already has over 4,100 manufacturing companies with over 21,400 employees generating $3.8 billion in economic output, state leaders see a lot more opportunity in that sector. “We’re leaning into our state’s strengths with our western lifestyle, entrepreneurial spirit and high-quality education system that is nimble and responsive to evolving workforce needs,” explained Todd O’Hair, … [Read more...] about Bozeman Landed Hyundai’s New Horizons Studio R&D Center. Now Montana Is On The Hunt For More Manufacturing

Index provider MSCI has said it will review the free-float status of Adani Group-linked stocks and their eligibility in its indexes. “MSCI has received feedback from a range of market participants concerning the eligibility and free-float determination of specific securities associated with the Adani Group for the MSCI Global Investable Market Indexes (GIMI),” it said on February 8. “Any changes in the review affecting the calculations of the Indian conglomerate’s free float will be announced and implemented along with the index’s February review, due on February 9.” A decision by MSCI to reduce the number of free-floating shares of Adani companies is likely to negatively impact the stocks. Adani Group stocks fell on February 9, triggered by news of MSCI’s review. The freefall of the conglomerate’s stocks had subsided in the past couple of days following the recent rout after the Hindenburg report. Also Read: Adani Group shares fall following MSCI's review of its free … [Read more...] about MC Explains | The case of MSCI’s review of Adani Group stocks

Representative image In a relief for Flipkart, the company received an interim stay from the Karnataka High Court in a demand exceeding Rs 1,100 crore from the Commissioner of Income Tax - Appeals (CIT(A)) on January 31. The demand pertains to the assessment years 2016-17 and 2018-19, and Flipkart had been directed to deposit the same within four days. The company had filed writ petitions against the demand notices issued by the CIT(A), after upholding addition on account of capitalising discount as marketing intangibles and disallowing ESOP cross charges amounting to about Rs 4,500 crore and Rs 180 crore respectively for the two assessment years. Flipkart contended that the issue of capitalisation of marketing intangibles was decided in its favour by Income Tax Appellate Tribunal (ITAT) for 2015-16, and the allowability of ESOP cross charges is covered by rulings in the Madras and Delhi High Courts. The e-commerce major’s primary grievance was that reasonable time was … [Read more...] about Flipkart gets interim stay from Karnataka HC in Rs 1,100 crore tax demand case

Share to Twitter Share to Linkedin By Chris Christoff, co-founder of MonsterInsights , a leading plug-in for Google Analytics. Business leaders and marketers around the world are in a never-ending struggle to retain their customers. It’s no longer enough to convince someone that a product or service is worth an initial purchase. Instead, you must give users reasons to stick with your brand after their order. Returning customers spend more, view brands as more trustworthy and are more likely to tell friends and family about their experiences. In other words, retention is about more than keeping one customer; it’s about cultivating a community of people who trust and respect your business. There are quite a few ways you can create a top-notch customer experience and win over people from the moment they place an order on your website. Today, we will explore four strategies that can help you boost your retention rate and sales. Let’s dive in! … [Read more...] about How To Win Over Your New Customers

Share to Twitter Share to Linkedin F resh off a blockbuster earnings report that shattered Wall Street expectations, shares of AI-enabled fintech lender Upstart Holdings skyrocketed Thursday, minting a new billionaire out of Dave Girouard, the firm's cofounder and CEO. While the broader stock market plunged over concerns about sky-high valuations, Upstart's stock ended the day up a staggering 89%, lifting the fortune of 54-year-old Girouard, who cofounded Upstart in 2012 and owns about 14% of shares, to an estimated $1.3 billion, according to Forbes. After the market closed on Wednesday, the San Mateo, Calif.-based firm reported fourth-quarter earnings that nearly tripled average analyst expectations and posted full-year 2020 revenue of $233 million, 42% higher than in 2019. The company now sports an eye-popping market capitalization of $8.3 billion, or 20 times trailing revenues. "Last quarter was monumental for us as we took the company public in … [Read more...] about CEO Of Fintech Lender Upstart Now A Billionaire After Shares Soar 89% In One Day

Share to Twitter Share to Linkedin InnovationRx is your weekly digest of healthcare news. To get it in your inbox, subscribe here . C VS Health announced its plans to acquire Oak Street Health in a $10.6 billion deal on Wednesday, as the pharmacy retailer and parent company of health insurer Aetna looks to expand its reach into primary care. As Forbes senior contributor Bruce Japsen writes , the move comes amid a broader primary care clinic buyout wave by other retailers. This includes Amazon’s $3.9 billion bid for One Medical in July and investments by Walgreens Boots Alliance and health insurer Cigna in VillageMD. The deal values Oak Street at $39 per share, which is 16% above the $33.68 share price at Tuesday’s market close. The Chicago-based company, which employs 600 primary care providers across 169 medical centers, enters into value-based contracts with insurers to manage the care of seniors in the Medicare program. The company … [Read more...] about InnovationRx: CVS Bid For Oak Street; Plus, Covid Strains In Beijing

Share to Twitter Share to Linkedin (Updated: April 15, 2020. And if you’re looking for specifics about high school and college students, check out this piece .) As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most recently, the Senate passed a massive stimulus package (the House voted yes, too) and the CARES Act was signed into law. A key feature of the stimulus is individual checks. As with anything tax-related, there’s a little bit of confusion. To help you sort it out, here are a few questions and answers: When will I get my check? Checks are supposed to be produced “ as rapidly as possible. ” They began being distributed in mid-April. One thing that is true: if you use direct deposit, you’ll get your money faster. You can find out more here . How big will my check be? Checks will be $1,200 per adult - or $2,400 for married couples filing … [Read more...] about All You Wanted To Know About Those Tax Stimulus Checks But Were Afraid To Ask

Choi Ji-Man talks to reporters at Incheon International Airport in Incheon on Jan. 8. [NEWS1] Choi Ji-man has been dropped from the Korean team for World Baseball Classic 2023 after his MLB team, the Pittsburg Pirates, objected to his participation on medical grounds. Choi, the most seasoned Korean batter playing in the big leagues, was named to the Korean squad for the tournament last month. With previous Korean rosters often overlooking players without any KBO experience, Choi had never been called up to represent Korea before. “I feel hungry because I have never put on a Taeguk mark before,” Choi Ji-man told reporters at Incheon International Airport on Jan. 8 before he departed to the United States for the MLB preseason. The Pirates opted to block Choi Ji-man's participating on medical grounds as he is still undergoing rehabilitation following elbow surgery last year. Korean national baseball team manager Lee Kang-chul replaced Choi Ji-man, a first baseman, with SSG … [Read more...] about Choi Ji-man dropped from Korean roster for World Baseball Classic