MANAGEMENT

Advertisement
Oct 16 2024FINANCE

Why Keeping Cash in Payment Apps Might Not Be Smart

Connor Tomasko from Chicago is a money management enthusiast who's urging people to be cautious about keeping money in payment apps. While these apps, like Venmo and Cash App, are easy to use, they don't offer the same protections as banks. For instance, funds in these apps aren't usually insured by

reading time less than a minute
Oct 11 2024FINANCE

Big Money Manager BlackRock Hits New Heights

BlackRock Inc., the world's biggest money manager, just hit an incredible milestone: they now handle $11.5 trillion in assets. How did they get there? Well, in the past quarter alone, they attracted a whopping $221 billion from investors. This includes $97 billion pumped into exchange-traded funds a

reading time less than a minute
Oct 11 2024BUSINESS

CEO Tavares Steps Down in 2026; Stellantis Faces Industry Challenges

Stellantis, the multinational automaker, announced on Friday that its CEO, Carlos Tavares, will retire in early 2026. This decision comes amid what Tavares described as a "Darwinian period" in the global auto industry. The company has also been struggling with falling sales; in the third quarter of

reading time less than a minute
Oct 10 2024SPORTS

Portland Thorns FC GM Shifts to New Role in 2025

Portland Thorns FC's general manager, Karina LeBlanc, will step down from her role next year but will continue working with the club in a different capacity. The announcement comes after a tough season with a seven-game losing streak. LeBlanc, who is a former Canada and Thorns goalkeeper, will move

reading time less than a minute
Oct 09 2024FINANCE

'AI in Finance: Hype vs. Reality'

Lots of financial firms are talking about how great AI is, but many aren't seeing real results yet. Edward J Achtner, the head of generative AI at HSBC, thinks a lot of what's happening is just "success theater." He said at the CogX summit in London that companies need to be smart about where they u

reading time less than a minute
Oct 08 2024SCIENCE

Learning from Small Satellites to Improve Big Science Missions

NASA's small satellite missions have come a long way. They've learned from past failures and now do amazing science at a low cost. Take TEMPEST-D and RAINCube, for instance. Launched just minutes apart in 2018, they helped create the first near-real-time 3D model of storm evolution. Impressed by the

reading time less than a minute
Oct 07 2024SPORTS

The Celtics' Preseason Trip: Battling Jet Lag with Science

Imagine flying halfway around the world for just a couple of games. That's what the Boston Celtics are doing, and it's not just about playing basketball. They're also dealing with a big challenge: jet lag. To help, the team has a secret weapon: science. The players are being told how much to sleep,

reading time less than a minute
Oct 07 2024ENVIRONMENT

Virginia Floods: Schools Close, Communities Fed

The rain in Virginia was intense, and schools didn't waste time shutting down. Governor Glenn Youngkin knew that immediate help was crucial for those hit by the floods. He stressed that long-term recovery should be the focus, not getting sidetracked by other debates. While some folks pointed to clim

reading time less than a minute
Oct 07 2024FINANCE

Big Budget Problem for Cook County in 2025

Cook County has a big problem on its hands. The county is looking at a $218 million budget gap next year. Why such a huge gap? Well, it's mainly because of the raises given to county employees and the increasing pension payments that come with those raises. But here's an interesting twist – this yea

reading time less than a minute
Oct 07 2024HEALTH

Chronic Pain in Kids: A Hidden Crisis

Imagine having a constant, nagging pain that never goes away. This is the reality for one in five kids and teens. We often think of chronic pain as an adult problem, but youngsters suffer just as much. The trouble is, doctors don't always know how to help them. There's a big disconnect between what

reading time less than a minute