Business

07 Sep

‘Off a cliff-edge’: Why analysts say the job market has weakened — and what to do about it

MediaCatalystBusiness
'Off a cliff-edge': Why analysts say the job market has weakened — and what to do about it The U.S. economy added just 22,000 jobs in August, below expectations . The unemployment rate rose to 4.3%, the Bureau of Labor Statistics reported Friday . A data revision showed the economy lost 13,000 job losses in June, the first month of job losses since December 2020 . Read full story: Source
Read More
07 Sep

AppLovin and Robinhood added to S&P 500

MediaCatalystBusiness
AppLovin and Robinhood added to S&P 500 Shares of AppLovin and Robinhood Markets each jumped about 7% in extended trading on Friday . The two will join the S&P 500 index . The changes will go into effect before the beginning of trading on Sept. 22 . Short-seller Fuzzy Panda Research advised the committee for the large-cap U.S. Read full story: Source
Read More
07 Sep

Elliott’s plan for PepsiCo includes investing in some of its iconic brands, shedding others

MediaCatalystBusiness
Elliott's plan for PepsiCo includes investing in some of its iconic brands, shedding others Business: PepsiCo is one of the world's largest consumer packaged goods companies, with a portfolio of some of the most iconic brands in food and beverage. Its brands include: Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. Its segments include Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); PepsiCo Beverages North America (PBNA); Latin America (LatAm); Europe; Africa, Middle East and South Asia (AMESA), and Asia Pacific, Australia and New Zealand and China Region (APAC). FLNA makes, markets, distributes and sells branded convenient…
Read More
07 Sep

5 facts a dermatologist wants you to know about sunscreen: Using it is just as important as brushing your teeth, he says

MediaCatalystBusiness, ,
5 facts a dermatologist wants you to know about sunscreen: Using it is just as important as brushing your teeth, he says CNBC Make It spoke to Dr. Adam Friedman , professor and chair of dermatology at GW School of Medicine and Health Sciences, and he shared some facts about sunscreen that may surprise you. There are many misconceptions, and just as many questions like "who needs sunscreen?", "do I really need to reapply sunscreen throughout the day? When? How often?" and "do I have to use sunscreen even in winter?" But there are thousands of products on the market,…
Read More
07 Sep

Warren Buffett’s public Kraft Heinz criticism is extremely unusual for the typically passive owner

MediaCatalystBusiness,
Warren Buffett's public Kraft Heinz criticism is extremely unusual for the typically passive owner Kraft Heinz shares fell as much as 7.6% on Tuesday after the announcement early that morning . Buffett doesn't like the $300 million in additional overhead costs that will be spent to implement the split over the next year . Berkshire Hathaway will need to report any open market sales within two business days, which could prompt other investors to also sell . Read full story: Source
Read More
07 Sep

Yemen health crisis spikes after aid cuts and U.S., Israeli airstrikes

MediaCatalystBusiness, ,
Yemen health crisis spikes after aid cuts and U.S., Israeli airstrikes Yemen faces a worsening humanitarian crisis — and in particular, a raging cholera outbreak — in the aftermath of U.S. and Israeli airstrikes in the spring as well as Trump administration aid cuts and punishing U.S. economic sanctions, according to doctors and humanitarian workers who have worked in the country. Attacks on ports and civilian infrastructure such as health clinics have severed lifelines to foreign supplies, said doctors and other health experts, while aid cuts and sanctions have further battered the economy of Yemen, already one of the most…
Read More
07 Sep

Listen to the vanishing sounds of Mali’s legendary music scene

MediaCatalystBusiness,
Listen to the vanishing sounds of Mali’s legendary music scene BAMAKO, Mali — The band had just taken the stage on a recent Saturday night when the power cut out. The club was plunged into darkness. The lead guitarist was one of the most famous in Mali, and the venue was among the premier spots for live music in Bamako, the capital. But when the generator kicked in and lights came on, they illuminated mostly empty tables. Songhoy in Bamako, Mali, was once a vibrant hub for world-renowned music, but the rise of Islamist militants and a strained economy have…
Read More
06 Sep

Thai Parliament Picks New Prime Minister but National Election Looms

MediaCatalystTech, ,
Thai Parliament Picks New Prime Minister but National Election Looms Anutin Charnvirakul is best known for championing the decriminalization of cannabis in Thailand . He will take charge of a minority government at a time when the country is grappling with a fragile cease-fire with Cambodia and a weak economy . His appointment foreshadows a national election by January . Read full story: Source
Read More