Share to Twitter Share to Linkedin Topline The death toll from Russia’s missile strike on a shopping mall in central Ukraine on Monday rose to 18 as rescuers continued to search for dozens of missing individuals on Tuesday after the deadly attack on a civilian site drew a wave of condemnation from both Ukrainian and Western officials. Key Facts Dmytro Lunin, the governor of the Poltava region where the attack took place, confirmed the death toll on Telegram and added that 36 people were missing. In a Facebook post , Ukraine’s State Emergency Service reported that 59 people were injured in the attack, 25 of whom remain in critical condition. In his daily address on Monday night, Ukrainian President Volodymyr Zelensky labeled the Russian strike “one of the most defiant terrorist attacks in European history.” Zelensky said he has appealed to the United States to label Russia a state sponsor of terrorism following this incident and … [Read more...] about At Least 18 Dead After Russian Strike On Ukrainian Mall Decried By Zelensky As ‘Terrorist Attack’
Which response was used most often by business leaders to stop strikes
Russia Strikes Central Ukraine Mall With More Than 1,000 People Inside, Zelensky Says
Share to Twitter Share to Linkedin Topline Russia on Monday struck a mall in central Ukraine that had more than 1,000 people inside, Ukrainian President Volodymr Zelensky said , sharing a video that appeared to show massive fires at the shopping center, as G-7 leaders are gathered to discuss future plans to punish Russia for its invasion of Ukraine. Key Facts At least 10 people died, while more than 40 were injured in the rocket strike in Kremenchuk, a city of roughly 215,000, Dmytro Lunin, the regional governor, wrote on Facebook . In a post on Telegram, Zelensky said the number of victims is “impossible to imagine,” adding rescuers were attempting to put out the fires. The mall was of “no strategic value” to the Russian army and only concerned people trying to “live a normal life,” Zelensky said. Key Background The rocket strike comes after Russia carried out a host of attacks across Ukraine, including in the capital of … [Read more...] about Russia Strikes Central Ukraine Mall With More Than 1,000 People Inside, Zelensky Says
Biden Administration Will Use Medication Abortion, Civil Rights Office To Help Protect Abortion Rights, Health Secretary Says
Share to Twitter Share to Linkedin Topline The Biden administration will take steps to help shore up access to medication abortion and protect patients and providers in response to the Supreme Court overturning Roe v. Wade on Friday, Health Secretary Xavier Becerra said Tuesday, as Democrats and abortion rights advocates have demanded action from the White House after the court’s monumental ruling. Key Facts Calling the court’s decision “despicable” but not “unpredictable,” Becerra said the Department of Health and Human Services will take steps to increase access to medication abortion, including making sure states cannot ban abortion pills because they’re protected under federal law for federal programs to provide them in cases of rape, incest and when the mother’s life is at risk. The agency will also provide increased guidance on medication abortion to providers. Becerra didn’t rule out that the White House could sue states that try to … [Read more...] about Biden Administration Will Use Medication Abortion, Civil Rights Office To Help Protect Abortion Rights, Health Secretary Says
What the Business Cycle is Telling us About a Recession
If you're looking for capitulation in 2022, it's in the bond market. And that tells you that investors' confidence in the global economy is very low. Inside the stock market, it's all about defense. Defensive stocks, which include big healthcare companies and dividend-paying value stocks, have been driving the gains. An index of global defensive stocks put together by Goldman Sachs, which is heavy in healthcare giants, has climbed to more than an 18-month high relative to the MSCI AC World Index. Inside the U.S., the defensive ETF ticker DEF has been outperforming the Spider ETF SPY all last week and all year. For market watchers, this feels a whole lot like a recession trade. While investors in the capital markets are battening the hatches for a recession, money in the private markets is also drying up. The value of venture capital deals in the U.S. dropped more than 25% in the second quarter to just $1 trillion, according to Dealogic . M&A activity in the United States … [Read more...] about What the Business Cycle is Telling us About a Recession
3 Predictions for How A.I. Will Change Business Practices in the Near Future
The machine learning boom is here, and it's only going to get bigger. When the pandemic decimated workforces and limited in-person interaction, artificial intelligence tools helped companies increase productivity. Industries such as hospitality , healthcare , and energy have all benefited from recent A.I. innovations, but there's more disruption on the horizon. I nstances of businesses using automated experiences are increasing, and automation is expected to grow in both the metaverse and in how companies pursue environmental, social, & governance (ESG) initiatives, according to Pranay Agrawal, co-founder and CEO of A.I. services and analytics provider Fractal. Here are three predictions from Agrawal on some of the next big steps for A.I. Customers will expect more from automation services. When the pandemic hit and businesses scrambled to adapt to a digital world, automation became much more commonplace in everyday life. People became used to seamlessly … [Read more...] about 3 Predictions for How A.I. Will Change Business Practices in the Near Future
Russia Denies Attacking Ukrainian Shopping Center As It Claims Airstrike Hit Weapons Depot Containing U.S. Arms
Share to Twitter Share to Linkedin Topline Russia’s Defense Ministry on Tuesday, denied an airstrike Monday that hit a Ukrainian shopping center – and killed at least 18 people – claiming the attack instead struck a weapons depot filled with U.S. and European arms that triggered an explosion and ignited a fire in the shopping center. Key Facts In a statement , Russia’s Defense Ministry claimed the “detonation of munitions” caused a fire, and that the shopping mall was “nonfunctioning,” contrary to Ukrainian reports of more than 1,000 shoppers inside the building at the time it was struck. The statement comes one day after Ukrainian President Volodymyr Zelensky condemned the air strike as “one of the most defiant terrorist attacks in European history,” and urged the United States to consider Russia a “state sponsor of terrorism.” As of Tuesday morning, Ukraine’s Crisis Media Center reported 18 people had died in Monday’s missile … [Read more...] about Russia Denies Attacking Ukrainian Shopping Center As It Claims Airstrike Hit Weapons Depot Containing U.S. Arms
G-7 Pledges Billions To Help Ukraine Rebuild And Reveals Plan To Tackle Food Security As Summit Ends
Share to Twitter Share to Linkedin Topline The Group of Seven nations (G-7) outlined plans for the reconstruction of Ukraine, resolving the global food security crisis, securing energy supply and tackling climate change as a two-day summit of the countries’ leaders in Germany concluded on Tuesday. Key Facts In a summary of its official communiqué issued after the summit, the G-7 reaffirmed its support for Ukraine’s “courageous” defense of its “sovereignty and territorial integrity” and vowed to punish Russia further by coordinating more sanctions and reducing its revenue from energy exports. The G-7 nations pledged a total of $29.5 billion in financial aid for Ukraine’s reconstruction in 2022, plans for which will be made in partnership with Kyiv through an international reconstruction conference. Blaming Russia’s invasion for steep energy prices around the globe, the leaders said they will take immediate steps to secure energy supply … [Read more...] about G-7 Pledges Billions To Help Ukraine Rebuild And Reveals Plan To Tackle Food Security As Summit Ends
Top accounting firm fined $100 million after employees cheated on CPA exams
New York (CNN Business) Ernst & Young has been slapped with a record $100 million fine from the US government after regulators discovered that the company knew some of its auditors were cheating on exams for several years and did nothing to stop it. The Securities and Exchange Commission said Tuesday that a "significant number" of the accounting firm's auditors cheated on the ethics portion of the Certified Public Accountant test and other courses needed to maintain the licenses. Perhaps more stunningly, the SEC said that Ernst & Young "made a submission" that it didn't have "current issues with cheating when, in fact, the firm had been informed of potential cheating on a CPA ethics exam." The $100 million fine is its largest ever against an auditing firm. "This action involves breaches of trust by gatekeepers within the gatekeeper entrusted to audit many of our nation's public companies," said Gurbir Grewal, director of the SEC's Enforcement … [Read more...] about Top accounting firm fined $100 million after employees cheated on CPA exams
Future of America’s most popular emergency contraception is complicated by misinformation
(KHN) A brand of specialty mozzarella cheeses. A collection of natural-gas storage terminals. And America's top-selling emergency contraception. At a moment when half of US states stand poised to outlaw or sharply curtail abortion services, the last-ditch pill for women aiming to stave off an unwanted pregnancy rests in the unlikely stewardship of two private equity firms whose varied investment portfolios include Italian foods, vineyard management and children's cough medicine. Got long Covid? Seniors should prepare to go slow Kelso & Co. and Juggernaut Capital Partners bought Plan B One-Step from Teva Pharmaceutical Industries Ltd. for $675 million in 2017 as the Israeli-based pharmaceutical giant was selling off its global women's health business. In the years since, the drug has become America's most widely used over-the-counter emergency contraception and — at an average cost of $45 per dose — one of the highest-priced over-the-counter … [Read more...] about Future of America’s most popular emergency contraception is complicated by misinformation
When the push for ‘cultural fit’ creates a DEI blindspot
When you’re hiring new candidates, how much do you prioritize cultural fit? Your answer to this question may depend on whether you’d consider your company’s culture a broth or a gumbo. advertisement advertisement A broth has exactly one consistency and flavor, while a gumbo features distinct ingredients, each one retaining its unique flavor while contributing perfectly to the overall taste. In my years within the DEI space, I’ve observed quite a few companies adopt a “broth” recruiting approach, vetting candidates based on how seamlessly they believe they’ll fit into their existing corporate culture. Ideally, this practice should revolve around assessing how well candidates align with a company’s values and vision. In reality, it may mean something more arbitrary—using the same jargon and lingo, laughing at the same jokes, adopting the “right” business casual look, etc. Some diverse candidates do check these boxes but many others do not—and their … [Read more...] about When the push for ‘cultural fit’ creates a DEI blindspot