City Boston Financial News
10.09 / 16:11
markets
UPS
Career
Schools
rights
Colleges
'You won’t have one job for life': IIMA, IITD alumnus on why enthusiasm is essential for career success in a changing job market
skills important, or is enthusiasm alone enough in today's world? A debate over this is raging on LinkedIn after an IIM, IIT alumnus in a post said that enthusiasm, or «enthu,» plays a crucial role in staying relevant in today's rapidly changing professional landscape. Ankur Garg, a Principal at Boston Consulting Group and an alumnus of IIM Ahmedabad, questioned whether enthusiasm alone could be a decisive factor for career success, given the importance typically placed on skills.
10.09 / 10:38
markets
Strategy
Apple
Healthcare
Cigna
Diversity
Updates
ManipalCigna Health Insurance appoints Richa Chatterjee chief human resources officer
ManipalCigna Health Insurance, a joint venture between Manipal Group and Cigna Healthcare, has appointed Richa Chatterjee its new chief human resources officer, effective September 2, 2024.
10.09 / 06:41
Manufacturing
Mobile
community
track
Olympics
travelers
International
New York site chosen for factory to build high-speed trains for Las Vegas-California line
A site in New York state has been chosen to build trains for a new high-speed rail line being constructed between Las Vegas and the Los Angeles area
07.09 / 15:26
Mega Millions jackpot soars to an estimated $800 million
The Mega Millions jackpot has risen to an estimated $800 million with a cash option of $401.8 million
07.09 / 00:44
UPS
film
students
Celebrity
Warner Bros
exclusive
Colleges
Sex Lives of College Girls season 3 release date: When and where to watch?
Sex Lives of College Girls" season 3 is all set to be released on Max in November but one can catch it in September only. Warner Bros. Television has teamed up with the Boston Film Festival to introduce «WBTV College Day» as part of the festival's 40th annual celebration. This initiative offers local college students an exclusive opportunity to attend screenings of both new and returning television series, as per a Variety report. The event, which will be held on September 19, will feature «The Sex Lives of College Girls», NBC's «Brilliant Minds», Fox's «Rescue: HI-Surf».
06.09 / 09:19
Citi
Discover
Research
community
love
track
blues
Montreal melon, once thought to be all but gone, makes long-awaited comeback
Montreal melon used to be the talk of the town over a century ago, with a high price tag for those lucky enough to afford one — or even a slice. Now, a local community group is hoping to bring back a little sliver of history and tastiness to the city.“It was sold for one or two dollars a slice,” Justine Senechal, the project lead at the Blue Bonnets Gardens, said in a recent interview.“Which to today’s equivalent is something like 35 bucks a slice, which is insane when we think about it, so it was very much a luxury food.”The Montreal melon was grown along the St.
06.09 / 06:30
UPS
Continental
Research
DISH
President
Universities
country
China pushes smaller, smarter loans to Africa to shield from risks
infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield itself from risky, indebted partners on the continent as it grapples with a slowing economy at home. Beijing for years dished out billions in loans for trains, roads and bridges in Africa that saddled participating governments with debts they often struggled to pay back. But experts say it is now opting for smaller loans to fund more modest development projects.
06.09 / 06:19
Digital
Strategy
economy
Align
inclusion
innovations
reports
Financial services sector must grow 20x for India to reach $30 trillion GDP, says report
financial services sector, with banks playing a pivotal role, a report released by Boston Consulting Group (BCG) in association with FICCI and Indian Banks’ Association has said. The report titled “Banking for a Viksit Bharat” says that since India, is a predominantly bank-led economy, it will require the banking sector to play an anchor role while the other financial asset classes continue to grow much faster. This will require $4 trillion of capital base in banks, one-third of which will have to be fresh capital deployment, the report said. India's banking system is in a strong position today – characterized by high profitability, robust capital adequacy, and low levels of non-performing assets (NPAs).
05.09 / 23:01
FIVE
CEO
hospital
patient
Courts
rights
Investigations
Markey and Warren condemn Steward's CEO for refusing to comply with a Senate subpoena
Massachusetts U.S. Sens. Edward Markey and Elizabeth Warren are among several political leaders who are attacking the leader of a troubled health care system for refusing to comply with a subpoena to appear before a Senate committee
05.09 / 06:59
CEO
community
hospital
gatherings
patient
Courts
Investigations
Steward CEO says he won't comply with Senate subpoena on hospital closings
Lawyers for Steward Health Care CEO Ralph de la Torre say he won't comply with a subpoena to appear before a U.S. Senate committee investigating the hospital company's bankruptcy
02.09 / 21:40
Provident
Progressive
security
Election
President
social
consequences
Are you wealthy? Do you have money? Tim Walz could take away your money if he is elected VP; here's how
Tim Walz made Minnesota one of the most progressive states in the union by enacting a plethora of tax cuts, credits, and rebates for low- and middle-class families and moderate tax hikes on the wealthy. But if the Harris-Walz Administration ticket wins the election, what consequences would his progressive policies have for the wealthy across the country? For insight on how Walz's five policies could affect the wealthy if he becomes the Vice President, the economists Stan V. Smith, Ph.D., President of Smith Economics Group, LTD. in Chicago, and Michael Collins, CFA, Founder & CEO of WinCap Financial in Boston, have provided comprehensive analysis.
02.09 / 19:43
UPS
Citi
Provident
Target
President
hospital
Labor Day hotel strikes reflect the frustrations of a workforce largely made up of women of color
More than 10,000 workers at 25 U.S. hotels are on strike after choosing Labor Day weekend to amplify their demands for higher pay, fairer workloads and the reversal of COVID-era cuts
01.09 / 14:59
01.09 / 06:29
markets
COST
UPS
economy
Sustainability
pandemic
reports
Charting the global economy: Inflation eases in US and Europe
Europe, setting the stage for policymakers in both regions to lower interest rates in September. On a three-month annualized basis, the Federal Reserve’s preferred measure of underlying US inflation advanced 1.7% in July, the slowest this year. In Europe, consumer prices rose 2.2% in August from a year ago — the tamest since mid-2021 and significantly lower than the 2.6% pace a month earlier. Meantime, inflation in Tokyo — a leading indicator of the national data due in September — picked up speed in August, supporting the case for the Bank of Japan to continue raising rates at a gradual pace as the bank balances the need to support the economy.
30.08 / 12:00
Action
Death
hospital
Department
patient
infection
yachting
Patients will suffer with bankrupt health care firm's closure of Massachusetts hospitals, staff say
Christina Hernon was saved by a doctor at a local hospital when she was 5
27.08 / 16:40
community
Virus
outbreak
2020
reports
infection
Vaccines
park
Dangerous mosquito virus spurs dusk-to-dawn park closures in U.S. town
Due to an increasing threat from a potentially deadly mosquito-borne disease, a coastal town in Massachusetts has closed its parks, playgrounds and sports fields from dusk to dawn, according to town officials.
23.08 / 02:52
Death
Bill
country
outbreak
Courts
Investigations
Scandals
Pharmacist pleads no contest to involuntary manslaughter in Michigan deaths from meningitis outbreak
A pharmacist who worked at a Massachusetts lab has pleaded no contest to involuntary manslaughter in the deaths of 11 Michigan residents
23.08 / 01:46
markets
Citi
FIVE
economy
Remark
Trade
President
Stocks, bonds face pressure ahead of Powell speech: Markets wrap
Asian markets opened lower, as investors prepare for comments from Jerome Powell later Friday. Equities in Australia and South Korea fell alongside Hong Kong share futures, echoing Thursday’s selloff in US stocks where both the S&P 500 and tech-heavy Nasdaq 100 indexes retreated.
22.08 / 16:52
markets
UPS
wellness
President
Interviews
Fed policymakers flag rate cuts as job market cools
Federal Reserve policymakers on Thursday lined up in support of U.S. interest-rate cuts starting next month now that inflation is well down from its highs and the U.S. labor market is cooling, though one signaled he is in no rush to ease policy. «For me, barring any surprise in the data we'll get between now and then, I think we need to start this process» of lowering rates, Philadephia Fed Bank President Patrick Harker said in an interview with Reuters. «I think a slow, methodical approach down is the right way to go.» Boston Fed President Susan Collins struck a similar tone, signaling her likely support for a rate cut at the U.S. central bank's policy meeting next month.
22.08 / 16:17
markets
FIVE
Manufacturing
Remark
Cycling
show
reports
jobless claims
Stocks stall as traders parse jobless claims, Fed policymakers’ comments
Stocks wavered as traders weighed the latest economic reports for clues on the outlook for Federal Reserve rates in the run-up to Jerome Powell’s speech Friday.
20.08 / 21:10
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