THIS may be the final year for Tina Fey (left) and Amy Poehler as hosts of the Hollywood Foreign Press Association’s annual party. LOS ANGELES—Will Eddie Redmayne and Michael Keaton win their first Golden Globes? Will Julianne Moore and Emily Blunt snag their second? Will Meryl Streep win her ninth? These are among the exciting questions that will be answered when the 72nd Golden Globe Awards goes underway at the Beverly Hilton Sunday evening (Monday morning, Manila time). In an awards season where there are no clear front-runners, the Golden Globe Awards, regarded as Hollywood’s party of the year, will be anything but predictable. Millions of viewers around the world are expected to watch the televised show hosted again by the winning pair, Tina Fey and Amy Poehler. This may be the final year for Fey and Poehler as hosts of the annual event in which the Hollywood Foreign Press Association honors excellence in film and television. At press time, presenters in the star-studded … [Read more...] about No clear frontrunner for 2015 Golden Globes
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Market Wrap: Powell Sticks to Rate Hike, Ford Announces EV Move, AutoZone Soars
Federal Reserve President Jerome Powell told Congress while the Fed still plans to hike interest rates to combat inflation, the economic impact from the invasion of Ukraine remains “highly uncertain,” and policymakers will need to be “nimble” in responding to new information. Key Takeaways Stocks are moving higher, gaining back ground lost yesterday, despite the Federal Reserve saying interest rates will move higher this month. ADP reported private-sector jobs jumped more than anticipated last month. Ford, Chevron, Hewlett-Packard Enterprises, and AutoZone are among companies gaining today. Solid economic and corporate news is edging stocks higher. All three major indices are up more than 1%, clawing back some of yesterday's losses. Almost all of the stocks in the Dow are rising. Shares of Chevron Corp. ( CVX ) and other energy companies are higher as the fighting in Ukraine increases concerns about disruptions in oil supplies. Oil futures reached the highest … [Read more...] about Market Wrap: Powell Sticks to Rate Hike, Ford Announces EV Move, AutoZone Soars
Can Coca-Cola (KO) Keep Up the Trend?
As one of the larger companies of the consumer discretionary sector, The Coca-Cola Company ( KO ) shares have enjoyed a relative upward trend since the beginning of 2022 as investors appear to be bracing for potential interest rate hikes. Coca-Cola shares currently trade in an above average range based on historical volatility, and option traders appear to be positioned for the stock to rise after the company reports earnings for the fiscal fourth quarter. Analysts expect the company to announce $0.41 in earnings per share (EPS) and $8.93 billion in revenue. Investors will be paying keen attention to how Coca-Cola has managed to navigate ongoing supply chain issues and how rising costs could affect the bottom line. Insiders have recently increased the amount of shares being sold, unloading over 314,000 shares valued at close to $18.6 million over the past 90 days. Investors will be keeping an eye on if the beverage maker can continue to increase sales volume and what, if … [Read more...] about Can Coca-Cola (KO) Keep Up the Trend?
Disney (DIS) Falls on Guggenheim Downgrade
Shares for The Walt Disney Company ( DIS ) fell by almost 3% after analysts at investment firm Guggenheim Partners downgraded the stock over concerns for the company's future profit growth. Disney, which reports earnings on Feb. 9, closed trading at $155.44 on Jan. 13. As of this writing, the stock is changing hands for $151.13. Key Takeaways Disney stock is falling because it was downgraded to Neutral from Buy by investment firm Guggenheim Partners. The firm cited the threat of new COVID variants disrupting operations and the entertainment behemoth's increased content spend as reasons for its downgrade. Out of 17 analysts covering Disney, 14 have still rated it a Buy for 2022. Why Did Guggenheim Downgrade Disney? Analysts at Guggenheim downgraded Disney stock to Neutral from their earlier Buy rating. They also cut the firm's price target on Disney shares to $165 from $205 due to "broader business pressure." Elements of this pressure include higher wages … [Read more...] about Disney (DIS) Falls on Guggenheim Downgrade
Wall Street falls as growth stocks, glum China data weigh
- A + A NEW YORK/BENGALURU (May 16): Wall Street's main indexes fell on Monday, as downbeat data out of China added to worries about a global economic slowdown against the backdrop of aggressive policy tightening by the US Federal Reserve. Chinese and European stock markets fell, while oil slid as data showed China's economic activity cooled sharply in April as Covid-19 lockdowns took a heavy toll on consumption, industrial production and employment. Nine of the 11 major S&P sectors declined in morning trade. Technology and consumer discretionary stocks fell 1.6% and 1.8% respectively. Big growth companies such as Amazon.com, Alphabet Inc, Microsoft Corp, Apple Inc, Tesla Inc and Nvidia Corp slipped between 1.1% and 2.6%. Energy shares outperformed and were up 1.5%. Wall Street closed sharply higher on Friday, but still the S&P 500 and the Nasdaq indexes posted their longest weekly losing streaks in over a decade. "Investors are just a little bit … [Read more...] about Wall Street falls as growth stocks, glum China data weigh
Fast Company surveys nearly 200 companies about abortion access
In March 2022, Fast Company reached out to 191 companies with a survey asking about their stance on abortion access, the policies they have in place around abortion care, and how they planned to respond to the forthcoming SCOTUS ruling. Our list of companies included the top 100 largest businesses by revenue, consumer-facing brands with workforces in states with restrictive abortion laws, and some of the largest companies by market cap in all 13 states with trigger bans. advertisement This is part of a series of articles on the business case for abortion access. See the full package here . The survey was conducted via Google Forms and emailed to people in the PR or communications department at each company. Questions included, Does your employee healthcare policy cover abortion care in states where that is legal?; Have your employees expressed concerns about abortion access and/or the impending Supreme Court decision on abortion?; and, If the Supreme Court … [Read more...] about Fast Company surveys nearly 200 companies about abortion access
In a post-‘Roe’ world, abortion pills won’t be enough
Christie Pitney is a certified nurse midwife who was working at a federally funded health center in California’s Central Valley when the pandemic struck. In those early months, several of her patients struggled to get abortions. Under normal circumstances, the closest abortion clinic is 45 minutes away, but during the pandemic, clinics around the country suffered staff shortages and canceled services. Patients were having trouble getting to clinics even when they were open. advertisement advertisement This is part of a series of articles on the business case for abortion access. See the full package here. “My patients and the population in that area, they don’t have reliable transportation. They are working six to seven days a week,” she says. “They have childcare needs and don’t have reliable income. Most of them are either working in a packing house or in the fields.” And that’s in California, one of the most accessible states to get an … [Read more...] about In a post-‘Roe’ world, abortion pills won’t be enough
Brands, take note: Your customers aren’t afraid to dump you if they lose your trust
Trust has always been an essential part of any business transaction—just ask the Quakers, who built business empires on the basis of fair business practices—but according to a new report from Salesforce, trust is becoming more important than ever before. Salesforce surveyed 13,020 consumers and 3,916 business buyers in 29 different countries to gain an understanding of changing customer expectations and behaviors. advertisement Some key findings include: Trust is becoming a key factor for consumers: 88% of consumers believe trust is more important in times of change, and 74% say communicating transparently is more important now than before the pandemic. Moreover, 68% said they trust companies that act with society’s best interests in mind—a 9% increase from 2020. Consumers crave the personal touch both online and offline: 88% of customers say the experience a company provides is just as important as its products and services, an 18% increase from 2020. … [Read more...] about Brands, take note: Your customers aren’t afraid to dump you if they lose your trust
One key way to prevent employee burnout? Addressing toxic clients
Tired, deflated, hanging by a thread: These are just a few keywords your average American worker might use to describe themself these days. And who can blame them, as we head into year three of the pandemic? Compared with the “before times,” remote employees are working longer hours, attending more meetings, and juggling more communication channels. According to Zendesk, more than a quarter of working American adults say they now suffer from some form of depression, and nearly 60% report negative effects of workplace-related stress. advertisement advertisement So, it shouldn’t have been a surprise when 47.4 million Americans resigned from their jobs last year—with another 52% eyeballing the exit. To be sure, myriad factors have contributed to this mass exodus, but it’s worth noting that toxic culture is the top predictor of voluntary turnover. In fact, when compared with salary, toxic cultures are 10.4 times more likely to push an employee … [Read more...] about One key way to prevent employee burnout? Addressing toxic clients
Rules for DOE’s renewable energy auction set
The Department of Energy (DOE) has released the terms of reference for auctioning off 2,000 megawatts of renewable energy (RE). Under the guidelines, renewable capacities to be offered are broken down as follows: 1,400 MW for Luzon, 400 MW for the Visayas and 200 MW in Mindanao. For Luzon, the agency is seeking suppliers for 900 MW of solar, 360 MW of wind, 80 MW of hydro and 60 MW of biomass. The target capacity for the Visayas is 260 MW of solar, 120 MW of biomass and 20 MW of wind. Meanwhile, in Mindanao, the capacity requirement is 100 MW of solar, and 50 MW each of hydro and biomass. Supply contracts shall not exceed 20 years, with the commencement date targeted between Dec. 26, 2022, and Dec. 25, 2025. The RE plant must be qualified under renewable portfolio standards, a market-based mechanism that mandates industry players to source a portion of electricity from eligible renewable facilities. The DOE will hold a prebid conference virtually, providing an … [Read more...] about Rules for DOE’s renewable energy auction set