Market Watch

JPMorgan CEO Jamie Dimon and some other corporate leaders are in favor of workers returning to the office. But remote work can benefit people from underrepresented backgrounds. JPMorgan CEO Jamie Dimon recently said remote work isn’t ideal for many employees. He’s one of several high-profile CEOs who are pushing for a large-scale return to the office. But remote work has benefited many people with disabilities , many Black workers , and others. Top editors give you the stories you want — delivered right to your inbox each weekday. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Jamie Dimon seems invested in supporting people from underrepresented backgrounds. The JPMorgan CEO drove a $30 billion plan to advance racial equity in the US. He’s spoken about the importance of reducing inequality , advancing people from underrepresented backgrounds in leadership , and other social-justice issues . But Dimon appears more bearish when it comes to another measure that’s been shown […]

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This is a carousel. Use Next and Previous buttons to navigate Cherry Punch cannabis plants grow in a room with yellow light at the CTPharma cultivation facility in Rocky Hill, Connecticut, on December 13, 2022. There’s Uber Eats, Instacart and Amazon among many other services that bring food or goods to your home. Soon, the home delivery business in Connecticut will be expanded to cannabis. The state, which just recently allowed a handful of retail cannabis stores to open, has so far issued eight provisional licenses for cannabis delivery services . Amanda Ostrowitz, who runs a company called Slap Ash, has been granted one of those licenses, as well as two retail cannabis licenses. How her business will work is between an “Uber Eats model” and a “Domino’s model.” Uber Eats, and similar delivery services, don’t actually prepare any food. They pick up the food where it’s prepared and bring it to your door and, on the surface, it would seem like a similar delivery model for cannabis products would make sense. But there are legal restrictions in Connecticut which make it more complicated than that. “Connecticut does not allow the delivery companies to hold their own inventory. What […]

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ChatGPT is making progress towards a host of professional degrees. ChatGPT is a chatbot launched by OpenAI that uses generative artificial intelligence to create its own content. The bot has been used to generate essays and write exams, often passing, but making mistakes, too. Insider rounded up a list of the assignments, quizzes, and tests ChatGPT has passed. Wharton MBA Exam ChatGPT would have received a B or B- on a Wharton exam, according to a professor at the business school. Wharton professor Christian Terwiesch recently tested the technology with questions from his final exam in operations management— which was once a required class for all MBA students — and published his findings . Terwiesch concluded that the bot did an "amazing job" answering basic operations questions based on case studies, which are focused examinations of a person, group, or company, and a common way business schools teach students. In other instances though, ChatGPT made simple mistakes in calculations that Terwiesch thought only required 6th-grade-level math. Terwiesch also noted that the bot had issues with more complex questions that required an understanding of how multiple inputs and outputs worked together. Ultimately, Terwiesch said the bot would receive an B […]

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Aaron Gordon PITTSFIELD — Aaron Gordon, of Lenox, has been named director of finance and operations at Miss Hall’s School. He will work with senior administrators and the school’s board of trustees to ensure fiscally responsible and mission-aligned decision-making. His role will include overseeing all financial and operating functions, including budgeting, financial reporting, monitoring investment accounts, and campus services. Gordon has extensive experience in nonprofit finance, higher education administration, strategic planning, student and residential life, and operations, having most recently served as director of student administrative affairs, strategy and planning at Williams College. He joined Williams in 2005 as assistant director of campus life-residential programs. In 2011, he was named director of divisional business affairs. Gordon served in that role until June 2020, when the division merged with the division of the dean of the college. A graduate of Franklin and Marshall College with a bachelor’s degree in classical archaeology and ancient history, Gordon also holds an MBA from Clarkson University Graduate School. If you receive either a phone call, text message or email congratulating you on your good luck in winning the lottery, it’s a scam. Is it a scam? It’s the most frequently asked question we address […]

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This community hospital was a ‘lifeline’ to many New York CNN — If you drive down a busy suburban strip mall or walk down a street in a major city, chances are you won’t go long without spotting a Concentra, MedExpress, CityMD or another urgent care center. Demand at urgent care sites surged during the Covid-19 pandemic as people searched for tests and treatments. Patient volume has jumped 60% since 2019, according to the Urgent Care Association, an industry trade group. That has fueled growth for new urgent care centers. A record 11,150 urgent care centers have popped up around the United States and they are growing at 7% a year, the trade group says. (This does not include clinics inside retail stores like CVS’ MinuteClinic or freestanding emergency departments.) Patient volume at urgent care centers has grown 60% since 2019. Urgent care centers are designed to treat non-emergency conditions like a common cold, a sprained ankle, an ear infection, or a rash. They are recommended if patients can’t get an immediate appointment with their primary care doctor or if patients don’t have one. Primary care practices should always be the first call in these situations because they have […]

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The stock market rally continues to show broad-based strength. Investors should be looking across sectors for buying opportunities. Wingstop ( WING ), Lam Research ( LRCX ), Halliburton ( HAL ), Boeing ( BA ) and JD.com ( JD ) are all near buy points. WING stock and JD.com are flashing early entries, while oilfield services giant Halliburton is in a buy range. Lam Research is just below a buy point. Boeing, after a big run, has formed a handle on a big, long consolidation. Halliburton, Boeing and Lam Research have earnings out of the way. WING Stock Wingstop was Thursday’s IBD Stock Of The Day . The wings takeout and delivery chain was added to the IBD 50 list of top-performing stocks this week. WING stock surged 11.4% last week to 157.88. The Dallas-based aviation-themed chain’s earnings and sales growth has accelerated in the past two quarters, to 55% in Q2 and 41% in Q3. For its fourth-quarter earnings on Feb. 22, analysts expect Wingstop earnings to skyrocket nearly 71% to 41 cents per share, among the company’s implied guidance of 37-39 cents. Sales are seen rising 41% to $100.8 million. WING stock is in " consolidation ," […]

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Three projects on one property were added to this month’s update of Project Watch from Louisville Business First. Project Watch is an online mapping tool LBF launched several years ago. The map tracks commercial real estate projects in the Louisville area of $3 million or more that have been proposed or are under construction. The latest update takes the number of projects on the map to over 200 active or proposed developments. Some projects that have been completed were removed during this update. Explore the interactive map below. The Merchant’s Ice Tower property is being redeveloped into a couple different new businesses for the Smoketown neighborhood, a project that’s anticipated to be around $70 million once completed. Local firm Beargrass Development is planning to convert the 13-story Merchant’s Ice Tower structure, located at 801 Logan St., into an office building with a retail component. James Duffy, co-owner for Beargrass Development, said the building could feature ground-level retail, along with a rooftop space for a bar or restaurant. Plans for the tower are still in the preliminary stages, so nothing is finalized. Along with the tower, Ferncliff Distillery is proposed for 930 Lampton St. in the cold storage facility on […]

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Copy This Embed Code: Ad OMAHA, Neb. (KMTV) — The sound of traffic flying by on 30th street is disturbing businesses and residents in the north Omaha community. "Semi-trucks are doing just as fast most of the time as the cars," said Roger Bennett, owner of Rogers Hair Design. For Bennett, speed is a big concern. "I am just worried mostly about my older customers that have a really slow reflex time because it just happens so fast," Bennett said. Bennett also lives there, experiencing the noise and speed, constantly. "Yeah, the big trucks, especially the cattle trucks, and things that come by, shake the house, quite a bit," Bennett said. In a final report Friday, the Omaha-Council Bluffs Metropolitan Area Planning Agency (MAPA) released feasible options to help traffic, but it’s important to note, nothing will immediately come from these options. "Nothing has been designed, this is all just sort of a feasibility level study and the next steps would be dependent on elected officials," said Court Barber, transportation planner for MAPA. It puts an emphasis on safety. "A lot of it comes down to safety, but it is also about making sure that we are moving goods […]

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While economic downturns are a time of hardship, they could also be a time of opportunity. Here are … [+] getty With tech layoffs making the news, it’s fairly likely that 2023 wouldn’t be a year in which it is easy to find a comfy tech job. While this would undoubtedly be a time of hardship, it would also be a time of opportunity. Here are the major threats and opportunities for new startups during a market downturn: 1. Capital: Availability of capital is usually a problem during market downturns. Most startup funds become more conservative and generally speaking invest less in new projects. Even worse for early-stage startups – the risk tolerance of investors might also fall, which means that the available capital for new projects will naturally concentrate on a few “safe” bets. That said, during economic downturns the usual government policy is to increase spending in order to battle the recession. This means that business loans along with other forms of fiscal stimulus (subsidies, etc.) could become more easily accessible. 2. Costs: While capital might be a bit more difficult to find, you might need less of it in order to survive. During a recession, the […]

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WASHINGTON (AFNS) — The Department of Defense released its Small Business Strategy Jan. 26. The strategy promotes a strong, dynamic, and robust small business industrial base by focusing on reducing barriers to entry, increasing set-aside competitions, and leveraging programs to grow the industrial base. “From manufacturers providing the critical parts that we need for our arsenal – to technology companies developing innovative systems and capabilities – small businesses are vital along the entire spectrum of the Department’s needs,” Deputy Secretary of Defense Dr. Kathleen Hicks said. “Reducing barriers and creating more opportunities for small businesses will allow us to expand, innovate, and diversify, increasing our warfighter advantage, strengthening our supply chains, increasing competition in our marketplace, and growing our economy here at home.” Small businesses make up 99.9% of all U.S. businesses as well as 73% of companies in the defense industrial base, and last year small businesses were awarded over 25% of all DoD prime contracts. As the economic engine of our nation, small businesses create jobs, generate innovation, and are essential, daily contributors to national security and the defense mission. This strategy will help DoD harness the full potential of small businesses through three objectives: implement a […]

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