Pandemic Financial News
14.01 / 13:41
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Renting Clothes Was Supposed to Be the Future of Fashion. Then Shoppers Got Bored.
Rent the Runway is betting that clothing from designers Diane von Furstenberg and Jason Wu can get customers to keep their subscriptions. Rival clothing subscription service Stitch Fix is staking its future on private brands. The different directions are part of companies’ bids to stem steep subscriber losses in recent months and declines in their stock-market valuations.
14.01 / 05:03
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Citi
Apple
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country
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Schools
Apple to shutter 121-person San Diego AI team in reorganisation
Apple Inc. is shutting a 121-person team related to artificial intelligence operations in San Diego, leaving many employees at risk of termination, according to people familiar with the matter. The group, known as Data Operations Annotations, was told Wednesday that they would be relocating to Austin to merge with the Texas portion of the same team, said the people, who asked not to be identified because the plans haven’t been announced.
14.01 / 04:41
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Target
FIVE
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Universities
Ex-New Zealand PM Jacinda Ardern marries long-time partner Clarke Gayford. Pics here
Ardern steered New Zealand through natural disasters, the Covid-19 pandemic and the 2019 Christchurch mosque massacre. Ardern for the past six month has been undertaking three fellowships at Harvard University.
13.01 / 18:41
FIVE
Coronavirus
pandemic
stage
reports
Former New Zealand PM Jacinda Ardern gets married
WELLINGTON: After almost five years of engagement and a postponement due to the coronavirus pandemic, former New Zealand Prime Minister Jacinda Ardern married longtime partner Clarke Gayford in a private ceremony Saturday. Details of the event were closely held by the pair, but the ceremony is reported to have been staged at a luxury vineyard in the scenic Hawke's Bay region, 325 kilometers (200 miles) from New Zealand's capital, Wellington.
13.01 / 13:05
UPS
pandemic
show
2020
Department
Daily shows in cinemas rose to 623 in 2022 but number of theatres goers declined: Delhi handbook
cinema goers per day declined in the last 13 years, according to the Delhi Statistical Handbook-2023. The number of theatres in Delhi rose from 129 in 2008 to 137 in 2022, with the peak point being in 2017, when the number was 142, it said. The handbook containing data on socio-economic parameters of the national capital was released by the Delhi government's Economic and Statistics department.
13.01 / 10:25
13.01 / 10:25
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country
2020
reports
travelers
International
North Korea to welcome Russian tourists, the country's first since the pandemic
Russian tourists going on a ski trip will be the first international travelers to visit North Korea since the country’s borders closed in 2020 amid the global pandemic lockdown
13.01 / 10:25
13.01 / 02:17
13.01 / 02:07
markets
CEO
wellness
pandemic
Experts
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Pharmaceuticals
At India Inc, bosses are the new CEO of fitness
Zerodha CEO Nithin Kamath sets himself a new fitness goal every quarter — it could be something to do with long-distance running or swimming, the idea is to keep things interesting. “Productivity at work is directly proportional to your quality of health,” he said. “If your body is healthy, your outcome at work will be better.” Emcure Pharmaceuticals executive director Namita Thapar agreed. “I strongly believe in the link between health and work productivity,” she said. “Yoga has been a gamechanger for me. The asanas and breathing have made me a kinder and more focused leader.”
12.01 / 17:24
UPS
Manufacturing
economy
wellness
pandemic
Trade
Deflation: Here’s where prices fell in December 2023, in one chart
As inflation continues to throttle back across the broad U.S. economy, some consumer categories have sunk into outright deflation.
12.01 / 14:59
UPS
Compilation
Research
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students
testing
Schools
When Covid Hit, They Were in Diapers. So Why Are Kindergarteners Struggling?
America’s youngest students entered school this year with weaker math and reading skills, compared with before the pandemic, according to new data that is surprising some educators. In kindergarten, students tested in 2023 were about 2 percentage points less likely to begin school at grade level in both math and reading, compared with 2019, data compiled by the testing company Curriculum Associates show. Scores also remained below prepandemic levels in the first and second grades.
12.01 / 14:15
UPS
Dreams
Coronavirus
pandemic
2024
MoUs for investment worth Rs 26.33 lakh crore signed at Vibrant Gujarat Summit 2024: CM Bhupendra Patel
Vibrant Gujarat Global Summit 2024, Chief Minister Bhupendra Patel said on Friday. Patel made the announcement in a post on X as the three-day summit ended in Gandhinagar.
12.01 / 12:31
12.01 / 11:55
security
pandemic
reports
Updates
Bank of America earnings are out – Here are the numbers
Bank of America reported fourth-quarter earnings before the opening bell Friday.
12.01 / 02:01
11.01 / 20:51
UPS
pandemic
Universities
Department
Schools
NOT
Financial
Arizona will not cut sports under plan to shore up financial difficulties
The University of Arizona will not cut any sports as it tries to shore up financial difficulties prior to the school’s move from the Pac-12 to the Big 12
11.01 / 20:51
UPS
Manufacturing
economy
Election
pandemic
Trade
NOT
Taiwan's election is shaped by economic realities, not just Beijing's threats to use force
Beijing's threat to use force to claim the self-governed island of Taiwan isn't just about missiles and warships
11.01 / 18:37
markets
Digital
wellness
pandemic
trends
reports
Colleges
Attrition falls in IT Inc.
NEW DELHI, MUMBAI : Tata Consultancy Services (TCS) Ltd and Infosys Ltd on Thursday reported their lowest attrition in more than two and three years, respectively, indicating a muted job market in the growing shadow of artificial intelligence (AI). In the December quarter, Infosys’s attrition rate at 12.9% was the lowest in 12 quarters, while TCS’s at 13.3% was the lowest in nine quarters. Their highest rates were 28.4% (Q1FY23) and 21.5% (Q2FY23) respectively.
11.01 / 14:27
markets
UPS
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trends
reports
Department
fall
Weekly
jobless claims
US consumer prices rise more than expected in December; weekly jobless claims fall
U.S. consumer prices increased more than expected in December as rents maintained their upward trend, which could delay a much anticipated interest rate cut in March from the Federal Reserve. The consumer price index (CPI) rose 0.3% last month after nudging up 0.1% in November, the Labor Department's Bureau of Labor Statistics said on Thursday. The cost of shelter accounted for the more than half of the increase in the CPI.
11.01 / 14:05
UPS
Forbes
pandemic
War
reports
‘No-strings giving’ is transforming how the rich give
The Economist called it “philanthrocapitalism". Two decades on, however, it has become clear that all this paperwork puts the brakes on giving. The 400 richest Americans have given away just 6% of their combined fortunes, according to Forbes.
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