Author: Press Room
New Bumble CEO Lidiane Jones has hired at least three high-level employees from Slack, where she had been chief executive for about a year until joining the dating app company in January.Three former Slack employees started new roles at Bumble in February, Jones said in a LinkedIn post. chief product officer Ali Rayl, chief people officer David Ard, and vice president of global communications Gabrielle Ferree.Rayl, who until recently served as Slack’s senior vice president of product, had been at the workplace messaging app for over 11 years. Ard and Ferree both joined Slack in 2022. Ard had served as…
Editor’s note: Seeking Alpha is proud to welcome Alan Suchanek as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Introduction Enthusiasts would describe Bitcoin USD (BTC-USD) as a decentralized digital currency and a store of value, outside the control of any one person and offering diversification outside conventional systems. As a software developer working on bank treasury and blockchain applications, I’m a big proponent of blockchain technology’s potential. However, my enthusiasm is not…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Argentine President Javier Milei has fired his labour secretary for overseeing a 48 per cent presidential pay increase last month amid a government austerity drive, in the first scandal to hit the libertarian economist’s administration. Milei’s gross monthly salary rose from just over 4mn pesos, ($4,700 at Argentina’s official exchange rate) in January to just over 6mn pesos in February. At the weekend, members of the left-leaning Peronist opposition shared details of a decree mandating the increase that bears the president’s signature.Milei said…
Attorneys for Donald Trump want to delay the start of his upcoming New York criminal trial until the US Supreme Court weighs in on presidential immunity, according to a new motion – a ruling that may not come until late June. The criminal trial related to hush money payments made during the 2016 presidential campaign to adult film star Stormy Daniels is scheduled to begin with jury selection on March 25. But Trump wants to wait until after the Supreme Court rules on immunity. The justices are not scheduled to hear that case until April 25, and a ruling may…
A look at the day ahead in U.S. and global markets from Mike Dolan This week’s stream of major macro moments around the world has seen signs of a slight softening of U.S. labor markets go under the radar a bit – but it will top the agenda on Friday. To the extent that a cooling jobs market warns the Federal Reserve not to delay too long in cutting interest rates, then rising layoffs, jobless claims and falling job openings may be partly responsible for the fresh effervescence in stocks. February payrolls are expected to have increased by 200,000 jobs…
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese steelmakers’ labour unions are pushing for a base pay increase of 30,000 yen ($201) a month to ensure workers’ wage growth outpaces inflation, unionists said on Friday, as annual talks with management move into full swing. A wage hike of 30,000 yen would amount to about a 10% increase in base salaries, analysts say, which would be the largest demand on record. Blue-chip companies are due to offer unionists pay increases on March 13, followed by small firms that tend to follow their bigger rivals and come up with offers around the middle…
Most people, when asked, say they want to “age in place” at home for as long as possible. When an elder is in failing health, staying at home means getting help. For those with the means to do so, it takes a comprehensive effort to care for an aging loved one with the best quality caregivers and healthcare providers. No one tells us in advance what it is actually going to cost. First Steps In a real-life example, EB, a successful elder businessman was accustomed to the finest of things. He and his wife had an enjoyable time spending his…
Consumers increasingly doubt the Federal Reserve can achieve its inflation goals anytime soon, according to a survey Monday from the New York Federal Reserve.While the outlook over the next year was unchanged at 3%, that wasn’t the case for the longer term. At the three-year range, expectations rose 0.3 percentage point to 2.7%, while the five-year outlook jumped even more, up 0.4 percentage point to 2.9%.All three are well ahead of the Fed’s 2% goal for 12-month inflation, indicating the central bank may need to keep policy tighter for longer. Economists and policymakers consider expectations as a key factor in…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Wall Street started Monday off sluggish after the Dow , the S & P 500 and the Nasdaq fell last week. The continued pressure on the market at the start of the new week followed a sharp intraday reversal Friday when many momentum stocks on parabolic moves broke down. “You know I hate parabolic moves,” Jim Cramer said Monday. The decline is healthy because straight-up rallies are not sustainable, he added. “When we get stairstep…
Airbnb is banning the use of indoor security cameras in listings globally, the short-term rental platform announced Monday. Previously, Airbnb (ABNB) allowed hosts to have indoor security cameras in common areas as long as the devices were clearly disclosed on the listing page and placed in visible spots in the home. Indoor security cameras, however, were never allowed in spaces like sleeping areas and bathrooms. The update announced Monday clarifies that indoor security cameras are now prohibited in any listing, regardless of their location, purpose or prior disclosure. “Our goal was to create new, clear rules that provide our community…
