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FedEx cuts 2019 view on European softness, global trade concerns
U.S. package delivery company FedEx Corp on Tuesday lowered its 2019 forecast, citing weakness in Europe and signs that global trade is faltering, sending its shares down 4.4 percent in after-hours trade.
REUTERS
S&P flat as government shutdown threat, Fed decision loom
The benchmark S&P 500 stock index ended little changed in a choppy trading session on Tuesday as the possibility of a partial U.S. government shutdown raised investor jitters ahead of a highly anticipated meeting of the Federal Reserve.
REUTERS
Free Webinar: Strategies for Building a High-Performing Team
From hiring to motivating to compensating, here's what you need to know to help drive your team to achieve more.
Entrepreneur - Start, run and grow your business.
Path of Exile: Betrayal sets new expansion record for concurrent players
Path of Exile: Betrayal's launch saw about 189,000 players, a 28 percent increase over the previous expansion high for Fall of Oriath.
VentureBeat | Tech News That Matters
Stocks dip ahead of Fed news; oil prices drop
Global equity markets dipped on Tuesday as nervous investors awaited indications whether the Federal Reserve will be able to raise interest rates much further amid turbulent markets and a weakening outlook for the global economy.
REUTERS
Micron quarterly revenue misses estimates on falling chip prices
Chipmaker Micron Technology Inc on Tuesday missed Wall Street estimates for quarterly revenue, hurt by falling prices for its memory chips due to a supply glut.
REUTERS
Micron quarterly revenue rises 16 percent
Chipmaker Micron Technology Inc reported a 16 percent rise in first-quarter revenue on Tuesday, helped by higher demand for its memory chips from data centers.
REUTERS
China embarks on second round of soy buying post Trump-Xi truce
Chinese importers returned to the U.S. soy market on Tuesday for their second round of purchases since the two countries agreed to a truce in their trade war, four traders with knowledge of the deals and the U.S. Soybean Export Council said.
REUTERS
FedEx quarterly revenue rises 9.2 percent
U.S. package delivery company FedEx Corp reported a 9.2 percent rise in quarterly revenue on Tuesday, driven by higher shipment volumes.
REUTERS
Citi reorganizes prime brokerage unit
Citigroup Inc is shuffling its prime brokerage business, according to an internal memo seen by Reuters, amid reports that the unit could lose millions on a bad loan to an Asian hedge fund.
REUTERS
Wall St. falls on government shutdown fears, oil swoon
U.S. stocks gave up their gains on Tuesday as energy stocks were weighed by a steep drop in oil prices and as the possibility of a partial government shutdown loomed.
1 h
REUTERS
Treasury's Mnuchin says expects January trade talks with China: Bloomberg
The United States and China are planning to hold meetings in January to "document an agreement" on trade, U.S. Treasury Secretary Steven Mnuchin told Bloomberg in an interview on Tuesday.
2 h
REUTERS
Start nibbling on oil ETFs, Russell 2000, says Jeff Tomasulo
Vespula Capital's CEO tells Reuters' Fred Katayama investors should dollar-cost average instead of making big bets in this volatile market.
2 h
REUTERS
France, Not Waiting for European Union, to Tax U.S. Tech Firms as ’19 Starts
With the ‘Yellow Vest‘ movement widening the country’s budget shortfall, the French government is accelerating a plan to hit companies like Apple, Facebook and Google with a big bill.
2 h
The New York Times
What Are the Secrets to Creating Social Media-Friendly Videos That Sell? Here Are 5 Answers.
It's not enough to just create a pretty video with 4k cameras. In modern marketing, you need video that sells.
2 h
Entrepreneur - Start, run and grow your business.
Joe Kennedy Calls Current U.S. Marijuana Policy Dysfuntional
His voice adds to a growing number of high-profile politicians who support federal legalization.
2 h
Entrepreneur - Start, run and grow your business.
Driverless vehicle startup Nuro begins delivering groceries to Kroger customers in Arizona
Autonomous delivery startup Nuro has begun ferrying groceries from Kroger stores in Scottsdale, Arizona to customers, the companies announced.
2 h
VentureBeat | Tech News That Matters
How to Make 7 Awesome Holiday Cocktails (Video)
Watch master mixologist Pam Wiznitzer sling drinks at the 'Entrepreneur' office party.
2 h
Entrepreneur - Start, run and grow your business.
U.S. agency to speed reviews of automaker self-driving petitions
The U.S. auto safety regulator said on Tuesday it is speeding up the process for reviewing whether automakers can deploy self-driving vehicles without devices such as brakes and steering wheels.
2 h
REUTERS
Real Estate's Best-Kept Secret: This Little-Known Loophole Is Going to Change How You Invest
This game-changing loophole gives the average investor access to mega deals.
3 h
Entrepreneur - Start, run and grow your business.
The rise and fall of augmented reality ‘unicorn’ Blippar
Blippar has come a long way since its inception, but it was perhaps a little too ahead of its time. AR is still maturing, and Blippar peaked too early.
3 h
VentureBeat | Tech News That Matters
Look for investment grade bonds to shine in '19, says Ajay Rajadhyaksha
Barclays' head of macro research tells Reuters' Fred Katayama a global economic slowdown will benefit high quality fixed income assets. He explains why he sees single digit percentage gains for the S&P 500.
3 h
REUTERS
Google has completed over 100 ethical reviews of AI ‘projects, products, and deals’
In a six-month update on AI policies implementation, Google revealed that it has completed more than 100 ethical reviews of AI projects and deals.
3 h
VentureBeat | Tech News That Matters
Fund managers raise cash as small caps sink
The shares of small companies in the U.S. fell into a bear market Monday, but several top-performing fund managers had already been acting as if it was inevitable.
3 h
REUTERS
Glencore's Katanga pays $22 million to settle Canada regulator probe
Glencore-controlled Katanga Mining said on Tuesday it had agreed to pay more than $22 million to settle Canadian allegations of inadequate historical disclosures of its finances and activities in the Democratic Republic of Congo.
3 h
REUTERS
Have a Plan, Not a Dream -- How to Set Realistic Goals for Your New Business
It's an exciting time to start a new business, but many people have unrealistic ideas on what it takes.
3 h
Entrepreneur - Start, run and grow your business.
Launching MTV's Biggest Series and Giving a Voice to the Voiceless
Filmmaker Andrew Jenks discusses seeking the truth through storytelling.
4 h
Entrepreneur - Start, run and grow your business.
5 Ways Artificial Intelligence May Affect Health Care in the Near Future and What That Means for You
If you're an entrepreneur in the healthcare field, you need to prepare: AI is coming to your segment soon.
4 h
Entrepreneur - Start, run and grow your business.
Ring of Elysium: How Tencent built a different kind of battle royale
Ring of Elysium -- from Tencent Games’s Aurora Studio -- proves that the crowded battle royale genre still has room for new challengers.
4 h
VentureBeat | Tech News That Matters
Breakingviews TV: New Goldman
David Solomon starts his first year as Goldman Sachs CEO with a mandate to grow the Wall Street firm, and something to prove. John Foley looks at how he could close the gap with crosstown rival Morgan Stanley, provided the bubbling 1MDB scandal doesn’t dominate his to-do list.
4 h
REUTERS
Unbuttoned: The Biggest Fake News in Fashion
Untangling the origins of a myth repeated so often that no one thought to question it.
4 h
The New York Times
Telltale lead writer slings to Spider-Man studio Insomniac Games
The Walking Dead: The Final Season lead writer is moving on to one of the hottest studios in the world right now. She begins in the new year.
4 h
VentureBeat | Tech News That Matters
Master Chief’s guardian, Bonnie Ross, talks about Halo and diversity
Bonnie Ross is the recipient of the Hall of Fame Award from the Academy of Interactive Arts and Sciences. GamesBeat interviewed her about the honor.
4 h
VentureBeat | Tech News That Matters
Wall St. propped up by tech stocks, financials rise ahead of Fed
U.S. stocks rebounded on Tuesday after losing about 2 percent in each of the past two days, helped by gains in the technology sector, and a rebound in some bellwether stocks such as Boeing and J&J.
4 h
REUTERS
Bonnie Ross, the ‘Halo boss,’ to be inducted into game industry Hall of Fame
Bonnie Ross, the Halo boss, is being inducted into the Academy of Interactive Arts & Sciences Hall of Fame, for her work on Halo and diversity.
4 h
VentureBeat | Tech News That Matters
4 Reasons Emotional Intelligence Gives Women an Upper Hand as Negotiators
Women are uniquely equipped with the soft skills required to succeed in negotiation.
4 h
Entrepreneur - Start, run and grow your business.
Google’s Gboard now supports over 500 languages
Google announced today that Gboard, its AI-driven software keyboard for mobile devices, now supports more than 500 language varieties.
4 h
VentureBeat | Tech News That Matters
New York Fines Barclays $15 Million Over C.E.O.’s Whistle-Blower Hunt
James E. Staley broke the law when he tried to unmask an anonymous whistle-blower who raised concerns about a senior executive Mr. Staley hired, state regulators said.
5 h
The New York Times
Use These 5 Facebook Ad Hacks to Send Your Ecommerce Sales Soaring
Looking for strong e-commerce growth in 2019? Think about white space on photos, a call to action button and just what your headlines say.
5 h
Entrepreneur - Start, run and grow your business.
Square Feet: Plans to Redevelop R.F.K. Stadium Face Headwinds
District leaders have ambitious plans for the site — including luring back the Washington Redskins — but they are hampered by lease restrictions.
5 h
The New York Times
Lovot - the robot that encourages you to love
Japanese startup Groove X, founded by an alumni of SoftBank Group Corp's robotics unit, has unveiled its first creation, a companion robot designed to make users happy. As Ivor Bennett reports the Lovot, a mash-up of "love" and "robot", cannot help with the housework but it will apparently "draw out your ability to love."
5 h
REUTERS
Sensor Tower: November was PUBG Mobile’s best revenue month yet
PUBG Mobile made about $32.5 million in revenue in November, according to market analyst Sensor Tower.
5 h
VentureBeat | Tech News That Matters
German auto supplier to plead guilty, pay $35 million fine in VW emissions case
German auto supplier IAV Gmbh agreed to plead guilty and pay a $35 million fine for conspiring to assist Volkswagen AG in its effort to evade U.S. diesel emissions standards, the U.S. Justice Department said on Tuesday.
5 h
REUTERS
Your Money: Why safety matters for your cash
Would you sacrifice the safety of your savings for $60?
5 h
REUTERS
Dirac Bass promises to boost low tones in smartphones and portable speakers
Dirac Bass, the latest audio processing solution from Swedish research firm Dirac, can significantly boost bass in small speakers.
5 h
VentureBeat | Tech News That Matters
GM cutting 50 jobs at U.S. battery plant tied to Chevy Volt
General Motors Co said on Tuesday it plans to cut 50 jobs at a suburban Detroit lithium-ion battery assembly plant after the largest U.S. automaker announced last month it will end production of its plug-in hybrid Chevrolet Volt in 2019.
5 h
REUTERS
Rocket Launches Stalled, Carlton Sues 'Fortnite', and Prosecco Tops Champagne (60-Second Video)
Here are three things entrepreneurs should know today.
5 h
Entrepreneur - Start, run and grow your business.
Holidays Can Be Stressful. They Don’t Have to Stress Out Your Team.
Epoxydude/Getty Images The festive spirit is everywhere during the holiday season. For some, each day feels like waking up to a holiday song — “children laughing, people passing, meeting smile after smile.” But, for others, it can be the loneliest and most stressful time of the year. According to a 2015 Healthline survey, 44% of people say that they are stressed during the holidays, with more than 18% reporting that they’re “very stressed.” Almost half the respondents cited finances as the main culprit for their tension, while being over-scheduled, choosing the right gifts, and remaining healthy also contributed to people’s holiday woes. “The holidays are filled with both joy and stress,” shares Ellen Braaten, PhD, in Harvard Medical School’s blog, On the Brain. Dr. Braaten blames our increased multi-tasking during the holidays as the reason the brain’s prefrontal cortex goes into overdrive. Long-term, this high-level demand on the brain can decrease memory, halt production of new brain cells, and cause existing brain cells to die. On the bright side, seasonal stress is acute, so it can be remedied. But preventing it all together should be the real goal. Coping with personal stress is already challenging, but when combined with workplace stress, it’s no wonder holiday cheers soon devolve into holiday sneers. The American Psychological Association found that 38% of people say their stress increases during the holidays — only 8% of people say they feel happier. Employees are often contending with shortened deadlines, meeting expectations for the end of the fiscal year, and coping with stressed-out customers, which are just a few of the reasons for their increased anxiety. The resulting costs for employers can be quite significant. Based on an analysis by Peakon of more than 15,000 employees across the U.S., the UK, the Nordic countries (Sweden, Norway, Finland, Denmark, Iceland) and Germany, 7-10% of people reported reduced productivity for the entire month of December, with 30-40% reporting a fall in productivity by mid-December. Dr. Chris Rowley, Professor Emeritus at the University of London Cass Business School, writes in his article, “Festive Celebrations: Human Resource Impacts and Costs of Christmas,” that nearly one-half of the workforce hits “festive fizzleout” by December 18th, where they spend more time worried about the holidays than about work. Rowley claims that more than two-thirds of workers were less productive throughout December, with nearly one-half admitting that they did 10-20% less work. Reasons for reductions in output included a combination of exhaustion, lack of motivation, and even hangovers. Women tend to be hit the hardest, with nearly twice as many women reporting that they are more stressed about Christmas than men. Unfortunately, the tools most employers use to improve company culture are backfiring. The annual holiday party is a great example. According to a 2017 survey by global outplacement consultancy Challenger, Gray & Christmas, Inc., 80% of companies plan to host a holiday party. However, according to new research from MetLife Employee Benefits, 37% of employees decline to attend the company Christmas party. The most cited reason for not attending was that the holiday parties, which are typically held in the evenings, clash with family duties at home. And, for those who do attend the holiday party, there is a 77% drop in productivity the next day, with more than half of the staff wasting the first four hours of the following day because they’re recovering from the night before — which is slightly better than the 20% who call in sick. And the U.S. isn’t the only country that struggles with this dynamic. For example, the festive fallout from employee stress and lost productivity cost U.K. companies roughly £11 billion in 2016. So how can managers help combat stress and keep both productivity and spirits up during the holiday season? Here are a just a few ways: Reach out. Ask your staff how they want to celebrate the holidays at work this year. Poll your team — there are plenty of online tools that make it easy to do a simple survey, such as Survey Monkey or Typeform. Be inclusive. In an interview I conducted with Ben-Saba Hasan, SVP and Chief Culture Diversity & Inclusion Officer at Walmart Inc., he shared that leaders must recognize the different ways people celebrate the holidays. “As leaders, we need to create an environment where our team members feel comfortable and safe, so that we foster greater awareness among those in the dominant culture for those whose holiday observances look different from their own.” Mini Khroad, Chief People Officer at Khan Academy, told me in a recent interview: “The holidays should always be an important time at companies. Ensuring that employees have the ability to recognize national or other holidays, at work and in their personal lives, helps to make the workplace enjoyable for everyone.” Protect personal time. Why not offer one extra day off leading up to the holidays for employees to attend to personal needs like gift shopping, family demands, or down-time to regroup — whatever they need. One mandatory day off can make all the difference in employee stress levels. These small but much-appreciated gestures increase loyalty and gratitude on your staff and offer long-term payoffs. Why does this matter? Research has proven that grateful staff are more engaged, community-minded, and happier at work. Rebalance workloads. Competing demands sit at the top of employees’ stress lists. Work and home pressures converge at this time of year, and time seems highly compressed. Plan a review of the workload and see if some project deadlines can be extended into next year. “Periods of high stress such as the holiday season represent an opportunity for managers to treat employees as individuals by understanding and appropriately responding to their specific needs,” says David Almeda, Chief People Officer at Kronos. In a recent interview I had with him, he suggested that “tactics such as rebalancing workload among team members, or allowing atypical works hours for a set period of time, will deliver results, increase employee commitment, and materially decrease employee stress.” Give time instead of gifts. Research by neuroscientists Dr. Jordan Grafman and Dr. Jorge Moll demonstrates that we are instinctually made to give. When the subjects donated to what they considered worthy organizations, brain scans revealed that parts of the midbrain lit up — the same region that controls cravings for food, and the same region that becomes active when money is added to people’s personal reward accounts. Ben-Saba Hasan connected this thinking back to his team as they bonded over volunteering in their community this season. “I believe one of the best ways to manage stress and care for yourself is when you turn your focus toward caring for others first.” What is important for employees themselves to remember is this: most holiday-related stressors are self-imposed and preventable. Financial stress can be avoided by purchasing less, overcommitting can be averted by saying no, multitasking brains can be managed with reprioritization, and exclusion can be prevented by reaching out. Start today. Ask someone how they’re doing. Listen with compassion, empathy, and kindness. If needed, offer help. As we head into the busiest part of the holiday season and stress levels increase, remember: many of us are feeling this anxiety, and much of it can be made more manageable with the tactics above. Bringing more awareness to the increased pressure your employees are feeling at home and at work during the holiday season can go a long way toward helping to keep both productivity and employees’ spirits up.
5 h
Harvard Business Review - Ideas and Advice for Leaders