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By now, everyone has weighed in on the Goldman Sachs crisis. Pundits have pilloried the firm for enabling a toxic and destructive culture. Supporters such as New York Mayor Michael Bloomberg have defended the darling of Wall Street, saying it remains a great institution. And the Goldman Sachs PR machine has simultaneously done everything possible to undermine whistle-blower Greg Smith's credibility while insisting his remarks don't reflect the values of the firm's 30,000 employees. Regardless of where the truth lies, companies must learn from the image and reputation damage that's been wreaked on Goldman. I've worked for countless organizations in, well, every conceivable industry and can assure you of two things: There are many Goldman-like cultures in fields that have nothing whatsoever to do with the world of high-powered finance. There are just as many cultures that espouse the best-in-breed ethos of such rock-star companies as Southwest Airlines, Starbucks, and … [Read more...] about Don’t Be Like Goldman Sachs: 5 Ways

President Donald Trump spoke strongly against gun free zones in schools Thursday and continued to advocate for arming teachers in classrooms in the wake of the recent school shooting in Parkland, Florida. “We have to harden our schools, not soften them up,” Trump declared, adding that gun free zones are like “going in for the ice cream” for potential school shooters. The President continued “I want my schools protected just like I want my banks protected,” explaining “If you harden the sites you’re not going to have this problem… When you say this school is gun free… That’s what they want to hear.” WATCH: He added “You come into our schools. You’re going to be dead. It’s going to be fast.” Trump has appeared to endorse arming teachers in the wake of the Parkland massacre repeatedly in person and on twitter. On Wednesday, he told a listening session of families affected by school shootings that “if the coach had a firearm in his locker when he ran at this guy. That coach … [Read more...] about Trump: Gun Free Zones Are Like ‘Going In For Ice Cream’ For Mass Murderers

The Indian Premier League trophy (Image courtesy: Twitter/@IPL, BCCI) Anxiety pierced through the Indian Premier League (IPL)'s bio-secure bubble on April 26 with leading Indian off-spinner Ravichandran Ashwin and some Australian players withdrawing from the league amid the escalating COVID-19 crisis in India even as the Board of Control for Cricket in India (BCCI) insisted that the glitzy league will go on. The 34-year-old Ashwin, competing for Delhi Capitals, decided to take a break saying that his family is currently "putting up a fight against COVID-19" and he wants to support them. He hopes to return to the side "if things go in the right direction". However, Andrew Tye (Rajastan Royals) and the duo of Kane Richardson and Adam Zampa (both Royal Challengers Bangalore) withdrew as apprehension set in after a couple of weeks went by smoothly for the league being held in front of empty stands across nine venues. While Zampa and Richardson have not yet spoken about … [Read more...] about IPL 2021 | Early exits as COVID-19 cases surge in India, BCCI says league will go on

Sixty percent of Americans are worried that automation is putting jobs at risk, and 39% think their own job will be obsolete within five years, according to PwC’s Hopes and Fears survey . New positions that may not exist today, however, will replace some of the jobs that will be lost to AI. But, if your job is at risk, it’s a good idea to have plan B in place now so you can seamlessly transition and stay relevant. advertisement advertisement “The only thing we can predict is the unpredictable,” says Scott Steinberg, author of Think Like a Futurist 2022: The Next Normal . “Things tend to move fast and change from week to week at this point, and there will be many next ‘normals.’ Even when many events are outside your ability to control, you can always steer things toward a more positive outcome.” The first thing is to gain situational awareness. It should raise major red flags if your job is easily reduced to a description on paper that anyone … [Read more...] about How to future-proof your job by thinking like a futurist

While we have talked about the general froth in the initial public offering (IPO) market, it is time to focus on one of the major drivers – special-purpose acquisition companies (SPACs). SPAC IPOs accounted for over half of all IPOs in 2020   and are already set to make up a majority in quarter one of 2021. This is a cause for worry in the market and, more importantly, for investors who may get caught bearing the real costs of a SPAC. We'll look at the why and how of SPACs, as well as why the odds seem tilted against individual investors realizing a good return. Key Takeaways The IPO market has been frothy of late, with tech offerings seeing huge jumps in first-day trading. Within this IPO market, SPACs are making up a larger share of new offerings. This means that more and more money is hitting the market with a plan to find something to buy. SPACs give creators and sponsors structural advantages that later investors don't have, making the decision for retail … [Read more...] about SPACs Look Like a Bubble Within a Bubble

- A + A WASHINGTON (May 26): The United States does not seek to sever China from the global economy, but wants Beijing to adhere to international rules, US Secretary of State Antony Blinken said in a long-awaited speech on Thursday on US strategy to address China's rise as a great power. Washington will not block China from growing its economy or try to change Beijing's political system, Blinken said, but it will defend international law and institutions that maintain peace and security and make it possible for countries, including the United States and China, to coexist, he said. "We are not looking for conflict or a new Cold War. To the contrary, we're determined to avoid both," Blinken said in the 45-minute speech at George Washington University, which covered the gamut of the most contentious issues in bilateral ties. US-China relations sank to their lowest level in decades under the Trump administration and have soured further under President Joe Biden, who … [Read more...] about Blinken says China strategy is about rules-based order, not ‘new Cold War’

(Reuters) - Real Madrid are confident going into the Champions League final against Liverpool and will count on their big-game experience but there is no firm favourite in Paris, according to midfielder Luka Modric. Real are playing in their fifth Champions League final since 2014. Having won their last seven since 1998, the Spanish side are chasing a record-extending 14th crown in a rematch of the 2018 final in which they defeated Liverpool 3-1 in Kyiv. "We have certain experience in this competition. Some of the players have played four times in the final of the Champions League. Now we are lucky to be in the fifth one. We need to try to be normal like all season," Modric told BT Sport. "There is no favourite in the final. Liverpool is a great team, they are having a great season, they won two cups, they fought for the league until the end... There is no favourite but we have a lot of confidence." Real won three consecutive finals between 2016-2018 under Zinedine Zidane. … [Read more...] about Soccer-Real have more experience but no favourite in final, says Modric

Share to Twitter Share to Linkedin If intelligent extra-terrestrial civilizations evolve in a way similar to ours, then we should have little fear one might respond to receiving a signal from humans by invading Earth. That’s the argument put forth in a new paper from YouTuber Alberto Caballero . The paper is not peer reviewed, nor is it particularly rigorous, but it does put forth an interesting thought experiment: Can we presume to know anything about civilizations on other worlds based on what we know about ourselves? “These findings could serve as a starting point for an international debate about sending the first serious interstellar radio messages to nearby potentially habitable planets,” writes Caballero. Caballero works with a whole lot of assumptions, including the famous Drake Equation that attempts to estimate the likely number of technologically advanced civilizations in the galaxy, to calculate that the odds of any of those … [Read more...] about Aliens Are Far Less Likely To Destroy Us Than An Asteroid, New Paper Says

Share to Twitter Share to Linkedin No fewer than nine robotic missions have visited the Jovian system—home to the solar system’s largest planet, Jupiter—and in less than 80 years humans could make the 499 million miles/803 million kilometers journey. It could be preceded by crewed missions to the Asteroid Belt, which is between the orbits of Mars and Jupiter as early as 50 years from now. However, trips to Saturn’s moons may have to wait a little longer. That’s according to a new paper published on the pre-print service arXiv, which projects the earliest possible launch dates for human-crewed missions to selected destinations in the Solar System and beyond. “Although the Solar System is dauntingly large, human intelligence brought us from the first crude heavier-than-air flight in 1903 to the surface of the Moon only 66 years later,” reads the paper. That’s less than a current average human lifespan in developed nations. “Our model ... suggests … [Read more...] about Babies Born This Decade Could See Humans Visit Jupiter’s Moons And The Asteroid Belt Say Scientists

Putin - A + A (May 26): President Vladimir Putin acknowledged on Thursday that Western sanctions against Russia were disrupting its supply chains, but said they would not succeed in cutting it off from technology. Speaking by video link to leaders of ex-Soviet states, Putin said Russia would keep working to find substitutes for foreign imports no longer available to it, even though this was not a "panacea for all ills". Russia has become increasingly isolated from the West since invading Ukraine three months ago in what it calls a "special military operation". Scores of companies have left the country for good and unprecedented Western sanctions have targeted its economy and businesses. "Representatives of our businesses face problems, of course, especially in the field of supply chains and transport. But nevertheless, everything can be adjusted, everything can be built in a new way," Putin said in televised comments. "Not without losses at a certain stage, … [Read more...] about Putin says West won’t succeed in cutting Russia off