New York Times (January 28)
“Stock futures are looking up after Monday’s markets blood bath, as investors take stock of what the Chinese start-up DeepSeek really means for the artificial intelligence business.” Many questions remain, but “the emerging consensus is that DeepSeek… has upended the race for A.I. supremacy. Apple and Meta might end up being better positioned than initially thought, while Nvidia might not be in a disastrous position.”
Tags: AI, Apple, Blood bath, Consensus, DeepSeek, Investors, Markets, Meta, Nvidia, Start-up, Stock futures, Supremacy, Upended
Wall Street Journal (December 28)
“The failure to anticipate how quickly the Fed would raise interest rates has upended banks big and small this year. Three bigger ones collapsed this spring, but it is community banks… that have been in a full-blown crisis. The losses on long-term bonds have unnerved depositors, investors and regulators who have questioned how bankers failed to properly protect themselves from interest-rate risks.”
Tags: Anticipate, Banks, Bonds, Collapsed, Community banks, Crisis, Depositors, Failure, Fed, Interest rates, Investors, Protect, Regulators, Risks, Unnerved, Upended
Forbes (March 24)
In his latest letter to shareholders, BlackRock Chairman Larry Fink noted that “the war between Russia and Ukraine has heralded the end of globalization, as the conflict has upended the current world order that has been in place since the Cold War and will have lasting global economic consequences.”
Tags: BlackRock, Cold war, Conflict, Fink, Globalization, Russia, Shareholders, Ukraine, Upended, War
San Francisco Chronicle (January 25)
“The start of the new year brought a familiar wave of distress for many Bay Area parents: Omicron infections were accelerating; preschools and child care centers were shutting their doors; adults saw their work regimens upended, their children cloistered and irritable.” But there is now a new worry. It’s hitting children harder. “The pervasive threat of omicron to children too young to be vaccinated has added a layer of anguish.”
Tags: Accelerating, Adults, Anguish, Children, Distress, Familiar, Infections, Omicron, Parents, Preschools, Threat, Upended, Vaccinated, Wave, Work
BloombergQuint (October 19)
Hoarding and food shortages are back, even though “there’s plenty of food. There just isn’t always enough processing and transportation capacity to meet rising demand as the economy revs up. More than a year and a half after the coronavirus pandemic upended daily life, the supply of basic goods at U.S. grocery stores and restaurants is once again falling victim to intermittent shortages and delays.”
Tags: Coronavirus, Daily life, Demand, Economy, Food, Hoarding, Pandemic, Processing, Shortages, Stores, Transportation, U.S., Upended
USA Today (August 20)
“From the earliest days of the pandemic, public health officials told Americans that vaccination was the way back to normal life, but the path forward has become less clear. While COVID-19 vaccines were delivered in record time, the promise of vaccine salvation was upended by entrenched hesitancy, waning immunity and a wildly contagious mutation of the enigmatic virus that causes the disease.”
Tags: COVID-19, Hesitancy, Immunity, Normal, Officials, Pandemic, Promise, Public health, U.S., Upended, Vaccination, Vaccine salvation
Washington Post (September 30)
Few nations “have been upended like Japan” by the coronavirus. “Working from home was almost unthinkable before the pandemic but now appears to be gathering some momentum.” Pasona is even moving its headquarters from Tokyo to Awaji Island. “It’s a revolutionary idea in Japan’s rigid corporate culture—and a sign of how the coronavirus pandemic is reimagining where and how people work worldwide.”
Tags: Awaji, Coronavirus, Corporate culture, Headquarters, Home, Japan, Pandemic, Pasona, Revolutionary, Rigid, Tokyo, Upended, Work