Business News & Finance
22.3K views | +1 today
Follow
 
Scooped by Tonya Scholz
onto Business News & Finance
Scoop.it!

About 60 layoffs at Conde Nast this week | Poynter.

Some Conde Nast magazines shed staffers this week. Self and Brides were among the hardest-hit titles. Erik Maza reports cuts at Brides went down in rather grisly manner:
Brides let go about five staffers on the editorial side, though some have been asked to work part time. Some have not been informed because they were attending bridal shows taking place this week.
Brides recently named Keija Minor its editor-in-chief. Self magazine lost eight editorial staffers Tuesday, Keith Kelly reports.
Three other magazines lost a staffer apiece, and VP for Media Relations Susan Portnoy lost her job as well. All Conde titles have been ordered to cut costs, Kelly reported Oct. 4. There were also cuts at Fairchild Fashion Media, the company’s trade business, Joe Pompeo reports.
more...
No comment yet.
Business News & Finance
Latest Business News & Finance
Curated by Tonya Scholz
Your new post is loading...
Your new post is loading...
Scooped by Tonya Scholz
Scoop.it!

Escape from Vietnam

Escape from Vietnam | Business News & Finance | Scoop.it

IT WAS DEFINITELY NOT love at first sight. “I mostly ignored her,” Dick, now 81, says, recalling the hot, muggy morning when he first saw his future wife. Watching her in the Time Life bureau, he thought she seemed aloof and too busy for a relationship.

“I thought he looked like a hippie,” Germaine says in the unmistakable musical cadence of a Vietnamese accent. “Long hair, marijuana joints rolled up in his shirt sleeves. I was not interested. I was a straight girl.”

Dick was an imposing figure with a mop of shaggy blond hair and cameras swinging around his neck. His work had already been published in The New York Times, Life, Time and Newsweek.

Germaine, a beautiful, black-haired woman, worked to support her entire family and volunteered for the South Vietnamese army. Fluent in French and Vietnamese, with a working knowledge of English, Germaine was a translator and liaison for reporters and photographers.

Back in the fall of 1963, she received a midnight call from a high-level source in the South Vietnamese army. He told her to come over right away. Dubious of his motives, she suggested that they meet the next morning. He warned that it would be too late by then. Reluctantly, she went to see him.

“Tomorrow we will have a coup d’etat,” he said. Germaine rushed from his apartment and found a Reuters reporter with whom she frequently worked. “I told him the story and he wrote it in good English,” she says. 

The next morning, Nov. 1, 1963, a cabal in the South Vietnamese military captured and later executed President Ngo Dinh Diem and his brother. It was one of the biggest stories of the year, overshadowed only by the assassination of President John F. Kennedy a few weeks later. Germaine shared a byline with the Reuters reporter and became a local celebrity.

For three years after Dick and Germaine first met in 1966, each went about their business in the Saigon bureau. “I was about the only one not trying to seduce her,” Dick says. 

more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

The Frightened Vietnamese Kid Who Became A U.S. Army General

The Frightened Vietnamese Kid Who Became A U.S. Army General | Business News & Finance | Scoop.it
Forty years ago, Viet Luong was a 9-year-old Vietnamese boy fleeing Saigon with his family. Today he's the first Vietnamese-American general in the U.S. Army and is helping train the Afghan military.
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

The Last Day of the Vietnam War -- April 30th 1975

The Last Day of the Vietnam War -- April 30th 1975 | Business News & Finance | Scoop.it
April 30th, 1975, was the last day of Vietnam War. And yes, Operation Frequent Wind would go down as history's largest helicopter evacuation ever to take place.
 
It would become a time and date which witnessed over 7,000 South Vietnamese flee Saigon for their very lives.

Before the Operation, we were told that 150,000 North Vietnamese Communists troops were just outside Saigon South Vietnam ready to pounce. 
 

Just a few weeks earlier, we were conducting Operation Eagle Pull which was the evacuation by air of Phnom Penh, Cambodia.

 
At the beginning of April 1975, Phnom Penh, one of the last remaining strongholds of the Khmer Republic, was surrounded by the Khmer Rouge and totally dependent on aerial resupply through Pochentong Airport. 
 
With a Khmer Rouge victory imminent, the US government made contingency plans for the evacuation of American nationals and allies to get them out by helicopter to ships in the Gulf of Thailand. 
 
Operation Eagle Pull started on April 12th 1975, and is said to have been a tactical success carried out without any loss of life. It was just 5 days later that the Khmer Republic collapsed and the Khmer Rouge occupied Phnom Penh.
 
By the end of the month, we were preparing for another evacuation, but this time it would be Saigon South Vietnam.
 
On April 12th,1975, the 2nd Battalion, 4th Marines (2/4) which was aboard USS Hancock took part in Operation Eagle Pull, the evacuation of Americans from Phnom Penh, Cambodia. By the end of April, Marine Battalion Landing Team (BLT) 2/4 would take part in Operation Frequent Wind and the evacuations of Saigon.
 
As strange as it sounds today, back then we all knew when the Operation was to start. The signal was when American Forces Radio broadcast Bing Crosby's "White Christmas" on the morning of April 29 and announced "the temperature is 105 degrees and rising."
 
That was the signal. Americans and hand-picked Vietnamese began heading toward predetermined assembly spots. With that Operation Frequent Wind was on, and soon it seemed that choppers were everywhere. 
 
Again and again, and again, and again. All day and all night long, choppers came and went to grab up as many as can be had. Yes, I remember the choppers and the scores of South Vietnamese who were fleeing a land about 30 minutes away. 
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Just feet from U.S. border, Cubans ponder the end of their dream

Just feet from U.S. border, Cubans ponder the end of their dream | Business News & Finance | Scoop.it
Dennis Pupo Cruz was one of the 15 Cubans who got stopped just inches from the United States by President Obama’s decision to abruptly cancel the so-called wet foot, dry foot immigration policy that for more than 20 years had allowed any Cuban who made it to U.S. territory to remain.
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

All the cool new gadgets at CES 2017 - Page 15

All the cool new gadgets at CES 2017 - Page 15 | Business News & Finance | Scoop.it
Meet Olly, a fusion between smart home hubs, such as the , and smart home robots. It can respond to your questions by looking up information for you, and can co... - Page 15
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

What Is Bitcoin? Welcome To Digital Currency

What Is Bitcoin? Welcome To Digital Currency | Business News & Finance | Scoop.it

When most people hear about Bitcoin, whether for the first or the tenth time, they ask one simple question: “What is it?”

Like an automobile, Bitcoin is technically advanced, and it can appear complicated, depending on how much you want to know about it. But also like an automobile, it doesn’t require you to be a technical expert  in order to use it—and for it to change the way you interact with the world. 

 

Here’s what you need to know. Generally speaking, Bitcoin is two things:

1) A payment network (“Bitcoin”);

2) The currency unit used on that network (“bitcoins”).

Thus, as both a payment network and the specific currency used on that network, you use “Bitcoin” to receive and send “bitcoins” from and to other people.

To clarify, take a look at the relationship between PayPal and U.S. dollars. PayPal is a payment network, but not a currency.  In contrast, the U.S. dollar is a currency, but not a payment network. You use the PayPal payment network to make transactions in U.S. dollar currency.

The PayPal payment network is operated and centrally controlled by one company (PayPal Inc.), and the U.S. dollar is created and centrally controlled by one organization (the U.S. federal government).

Here’s where things get important, revolutionary—and a little weird.

The Bitcoin payment network, unlike anything else before it, is decentralized. It is not controlled by any company or organization. That fact alone is its core “value-add.” Bitcoin's decentralization is why it's unique and revolutionary.

The Bitcoin network is like file-sharing: it’s a network of computers that talk to each other, but nobody controls the network itself (there is no central server).

The bitcoin currency unit itself is similarly not created or controlled by any central party. Bitcoins are created by the network itself over time, in a process that distributes the new coins to those computers that are supporting and operating the network. The number of coins created in this way is limited according to a clear mathematical schedule. As of this writing, there are 15.8 million bitcoins in existence, and this will continually increase over time to a maximum of 21 million bitcoins many years in the future.

Unless you care about how Bitcoin accomplishes this, the above is really all you need to answer the question, “What is Bitcoin?” It’s a payment network, and a currency used on that network, which are controlled by no central party. People control their own bitcoins. The number of bitcoins in existence is limited by the rules of the protocol.

Perhaps the more important question is, “Why should I c­are?”

While computer engineers and mathematicians might find Bitcoin’s technical details fascinating, most people don’t really have the time for those complexities—just as most people don’t spend time worrying about exactly how the internet works. We trust that it does, we enjoy its benefits, and we know enough about it to use it.

And while it’s true that Bitcoin permits financial transactions that have essentially zero cost, that can occur instantly anywhere in the world, these consumer benefits are not really what’s important, either.

The real magic of Bitcoin, the reason it’s so newsworthy, comes from the consequences of its existence. 

The fact that Bitcoin is decentralized, with no controlling entity, has fundamental implications. Because there is no central control, the power of the currency and its payment network belong entirely to the people who use it. And this power is tremendous indeed.



Read more: http://www.nasdaq.com/article/what-is-bitcoin-welcome-to-digital-currency-cm732195#ixzz4VZhAGC7M

more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

US jobless claims rise slightly in first week of 2017

US jobless claims rise slightly in first week of 2017 | Business News & Finance | Scoop.it
First-time claims for US unemployment insurance benefits rose slightly in the first week of the year, but still came in lower than expected, the Labor Department said Thursday. Initial claims rose by 10,000 in the week-ended January 7 compared to the prior week, to 247,000, adjusted for seasonal factors
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Amazon to add 100,000 full-time U.S. jobs, many in fulfillment centers

Amazon to add 100,000 full-time U.S. jobs, many in fulfillment centers | Business News & Finance | Scoop.it
Amazon will add 100,000 U.S. full-time, full-benefit jobs by 2018, bringing the total full-time employees to 280,000.
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Michigan Latest US State to Pass Anti-BDS Legislation

Michigan Latest US State to Pass Anti-BDS Legislation | Business News & Finance | Scoop.it

Michigan has become the latest state to pass legislation aimed at combatting the anti-Israel Boycott, Divestment and Sanctions (BDS) movement.

The bipartisan legislation prohibiting Michigan from contracting with businesses that boycott a “strategic partner” was passed last month by both the state house and senate, and signed Tuesday by Governor Rick Synder. The bill intends to protect the state’s economy from efforts to restrict trade with Israel, a central goal of the BDS movement.

According to the bill, state agencies “may not enter into a contract with a person to acquire or dispose of supplies, services, or information technology unless the contract includes a representation that the person is not currently engaged in, and an agreement that the person will not engage in” boycotts of allies.

more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Meryl Streep Attacked on Social Media for Failing to Name Israel at Golden Globes When Pointing Out Natalie Portman’s Birthplace

Meryl Streep Attacked on Social Media for Failing to Name Israel at Golden Globes When Pointing Out Natalie Portman’s Birthplace | Business News & Finance | Scoop.it

Mega movie star Meryl Streep was attacked as an “anti-Zionist” on social media this week for referring to fellow actress Natalie Portman’s birthplace as “Jerusalem,” without mentioning Israel.

At the 2017 Golden Globes on Sunday evening, Streep — who was honored with the Cecil B. DeMille lifetime achievement award — made this distinction while delivering her acceptance speech, a major portion of which was aimed at criticizing President-elect Donald Trump. One way she did this was to say, “Hollywood is crawling with outsiders and foreigners,” referring to the view of key players in the industry that the soon-to-be US leader is anti-immigration.

To illustrate her claim, Streep named a number of her peers present, who hailed from other countries. She pointed to Amy Adams, who was born in Venice, Italy; she mentioned Ruth Negga, from Addis Ababa, Ethiopia; she noted Dev Patel, from Kenya; and Ryan Gosling who, “like all the nicest people,” was born in Canada. When she brought up Portman, however, she only stated that the “Jackie” star was born in Jerusalem.

more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Israeli Leaders, US Jewish Groups Praise House of Representatives’ Condemnation of Anti-Settlement UN Security Council Resolution

Israeli Leaders, US Jewish Groups Praise House of Representatives’ Condemnation of Anti-Settlement UN Security Council Resolution | Business News & Finance | Scoop.it
Israeli leaders and US Jewish groups warmly welcomed the passage of a motion by the House of Representatives o
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Ami Horowitz traveled to Swedish no-go zones and discovered something horrifying

Ami Horowitz traveled to Swedish no-go zones and discovered something horrifying | Business News & Finance | Scoop.it

Sweden has become the rape capital of the world despite the reputation of it being a harmonious place to live.

More Islamic immigration has spread across Sweden than any other country.

Swedish culture and Islamic culture just simply do not go hand in hand.

Sexual attacks at rock concerts have happened multiple times to multiple victims.

The world is changing and especially in Sweden.

The European Union has made a horrible mistake and especially Sweden has made a horrible mistake in working to help the immigrants.

more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

NANCY DERSHAW GRANT
FOR HOLOCAUST SURVIVORS IN NEED

NANCY DERSHAW GRANT<br/>FOR HOLOCAUST SURVIVORS IN NEED | Business News & Finance | Scoop.it

NEXT GENERATIONS established the Nancy Dershaw Grant to raise funds to assist Holocaust Survivors in need. The Grant is named in honor of NEXT GENERATIONS’ Founder and President Nancy Dershaw.

Over the past several years we have seen an explosion in the needs of Holocaust survivors in Palm Beach County, Florida as well as around the world. Our communities are home to a growing number of very elderly survivors who are becoming frailer as they outlive their resources. They are having difficulty paying for food, medicine, doctor bills and other basic needs. The need is greater now than ever before because many are all alone, left without spouses or family.

The Nancy Dershaw Grant distributes 100% of funds collected to Holocaust Survivors in need.  Since its inception in April 2011, Judi Hannes, Co-Chair-Grant Founder, Riva Ginsburg Co-Chair and the Board of NEXT GENERATONS have awarded over $150,000 to The Alpert Jewish Family and Children’s Services in West Palm Beach, Florida, The Ruth and Norman Rales Jewish Family Services in Boca Raton, Florida, Jewish Community Services of South Florida and Jewish Family Services of Broward County. These agencies provide direct care to elderly survivors that are in need of help. 

Jenni Frumer, Associate Executive Director of The Alpert Jewish Family and Children’s Services has stated that the Nancy Dershaw Grant dollars “saved the day” by providing direct services to Holocaust survivors living below the poverty level. AJFCS is forever grateful for these specific funds so they have the opportunity to provide critical “stop gap” services, food and medication that would have been otherwise unavailable.

On behalf of Ruth and Norman Rales Jewish Family Services, Victoria Anne Petruzzo, Director of Grants Management wrote, “I would like to extend our sincere appreciation to NEXT GENERATIONS for enabling us to provide for the special needs of the Holocaust survivors we serve. The grant funds were expended and many survivors’ lives were changed through the generous support of NEXT GENERATIONS. Your partnership in our efforts to reach out, serve and improve the lives of Holocaust survivors in our community is important to us. You share in our undaunted dedication to ensure that no survivor need ever go without help, hope and humanity; the cornerstone of our mission. Thank you for your time, consideration and generosity”.

NEXT GENERATIONS realizes that there is only a small window of opportunity to help these survivors. Unfortunately time is not on our side. We cannot let these survivors endure any more pain and suffering; they deserve to live the rest of their lives with comfort and dignity.

Through your continued generous support of the Nancy Dershaw Grant for Holocaust Survivors In Need, we will have the resources to fulfill one of our major goals by helping the frail, ill and needy survivors in our communities. Please consider making a contribution or an annual donation to the Nancy Dershaw Grant for Holocaust Survivors In Need. What better time to give a gift of hope then right now.

Donations may be sent to NEXT GENERATIONS, ND Grant

c/o Riva Ginsburg
7866 La Mirada Drive
Boca Raton, Florida 33433

Riva Ginsburg, Co-Chair, rivaginsburg@gmail.com, 561-395-7119

Judi Hannes, Co-Chair-Grant Founder, ngjudi@gmail.com, 561-702-3390

more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

On anniversary, Vietnamese Americans reflect on their journeys

On anniversary, Vietnamese Americans reflect on their journeys | Business News & Finance | Scoop.it
Forty years after the end of the Vietnam War, Vietnamese Americans reflect on their journeys, thank their parents.
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Vietnamese refugees began new lives in Camp Pendleton's 1975 'tent city'

Vietnamese refugees began new lives in Camp Pendleton's 1975 'tent city' | Business News & Finance | Scoop.it
Inside the tent city, the lost and the bewildered roamed, one of them describing their arrival 'like coming to the promised land - just that we didn't know what was promised or where we would land.'
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Vietnam Refugees Finally Find Home

Vietnam Refugees Finally Find Home | Business News & Finance | Scoop.it
On a ragged dock in the Mississippi Delta, 50-year-old Rick Cao darns the nets of the Miss My Phuong, using both hands and a big toe to sort through a bird's nest of nylon. Soon, he'll shove off
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

January Meetup to Honor Mary Wong, President of Office Depot Foundation - Association for Women in Communications South Florida

January Meetup to Honor Mary Wong, President of Office Depot Foundation - Association for Women in Communications South Florida | Business News & Finance | Scoop.it

Join Association for Women in Communications South Florida Chapter on January 24th for our monthly Meetup at the blue, Boca Raton Resort.
Our guest of honor is Mary Wong, President of the Office Depot Foundation. Mary Wong is recognized as one of America’s Top 20 Women in Philanthropy, Social Innovation & Civic Engagement!

more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Bitcoin is Becoming the Next Big Thing in Online Casinos - Bitcoin Network, News, Charts, Guides & Analysis

Bitcoin is Becoming the Next Big Thing in Online Casinos - Bitcoin Network, News, Charts, Guides & Analysis | Business News & Finance | Scoop.it

Over the past few years, we’ve been hearing more and more about Bitcoin and its uses. It’s went from a niche way to pay for goods anonymously to a popular cryptocurrency. Now, the booming casino industry is finally getting to grips with this new way to pay and figuring out why they should be using it.

Firstly, the anonymity of the currency lends itself well to what people wish to do with it. Online casinos are still seen by some as a vice, so not everyone wants to have them appearing on their card details. Some even still mistakenly believe that playing with casino sites will affect their credit score, which is not the case. Never the less, this pervasive belief means that some people just won’t use casino sites.

more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Bitcoin, PayPal Used to Finance Terrorism, Indonesian Agency Says

Bitcoin, PayPal Used to Finance Terrorism, Indonesian Agency Says | Business News & Finance | Scoop.it
Islamic militants based in the Middle East used bitcoin and online-payment services such as PayPal to fund terrorist activities in Indonesia, the world’s largest Muslim-majority nation, an official with the country’s financial-transactions agency said Monday.
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Kasisto raises $9.2 million to go beyond personal finance bots

Kasisto raises $9.2 million to go beyond personal finance bots | Business News & Finance | Scoop.it
Bots and artificial intelligence company Kasisto today announced that it has raised $9.2 million. The money will be used to bolster the company’s personal finance bot KAI and expand its AI virtual assistant offerings to markets beyond finance.
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Will stocks sell off after Trump takes the oath? Here’s what history shows

Will stocks sell off after Trump takes the oath? Here’s what history shows | Business News & Finance | Scoop.it
Investors are looking to “sell the news” after Donald Trump’s presidential inauguration. Here’s a look at how stocks have performed after each swearing-in since Dwight Eisenhower took the oath of office in 1953.
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

White House Refuses Lighting On National Law Enforcement Appreciation Day

White House Refuses Lighting On National Law Enforcement Appreciation Day | Business News & Finance | Scoop.it
Washington Congressman Dave Reichert, a 33 year law enforcement veteran and twice elected Sheriff of King County, WA, announced the refusal by the White House.
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Netanyahu to Visiting American-Jewish Lobbyists: Israel has ‘Unequivocal’ Evidence Obama Administration Was Behind Anti-Settlement UN Resolution

Netanyahu to Visiting American-Jewish Lobbyists: Israel has ‘Unequivocal’ Evidence Obama Administration Was Behind Anti-Settlement UN Resolution | Business News & Finance | Scoop.it

The Jewish state has “unequivocal” evidence that the outgoing Obama administration was behind the anti-settlement resolution approved by the UN Security Council last month, Israeli Prime Minister Benjamin Netanyahu said on Tuesday.

“There is no question whatsoever about that,” he told a group of visiting American Israel Public Affairs Committee (AIPAC) officials in Jerusalem.

Furthermore, Netanyahu rejected the claim that the resolution broke no new ground, saying that it in fact represented a “major break” with past US policy

more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Horowitz: Liberal Sweden clashing with religious refugees

Ami Horowitz travels to Stockholm, Sweden to explore the cultural and religious clashes between liberal Swedes and the recent influx of refugee immigrants
more...
No comment yet.
Scooped by Tonya Scholz
Scoop.it!

Jewish community centers targeted with bomb threats across the East Coast

Jewish community centers targeted with bomb threats across the East Coast | Business News & Finance | Scoop.it
US Jewish Community on high alert.
more...
No comment yet.