Latest news with #Fortune
Daily Record
2 hours ago
- Daily Record
Man appears in court charged with murder after scientist dies in 'Dundee street attack'
Dr Fortune Gomo, 39, was found seriously injured on South Road in Dundee on Saturday. A man has appeared in court charged with murder after a woman died in an incident on a street in Dundee at the weekend. Dr Fortune Gomo, 39, was found seriously injured on South Road in the city at 4.25pm on Saturday. Paramedics attended the scene but she sadly passed away. Kyler Rattray, 20 , from Dundee, was later charged and arrested in connection with her death. He appeared at Dundee Sheriff Court on Monday charged with murder He made no plea and was remanded in custody to appear again at court within the next eight days . Heartfelt tributes have been paid to Fortune who lived locally and worked for Scottish Water. The scientist, who was originally from Zimbabwe, is understood to have obtained a PhD at University of Dundee in recent years. Scottish Water has said Fortune was an "exceptional" scientist and they are supporting her colleagues at this difficult time. Professor Simon Parsons, Director of Environment Planning and Assurance at Scottish Water, said: 'Everyone at Scottish Water, where Dr Fortune Gomo worked, is shocked and saddened by her death and we send our deepest sympathies to her family and friends. 'Fortune was an exceptional scientist and a senior service planner in our Water Resources Planning section based in Dundee where, having joined us in February, she had already become a highly valued and respected member of our team. 'We are supporting her colleagues at Scottish Water following this incident." Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. The University of Dundee said: 'This has been a truly shocking event in our city and for our University community. "It will be particularly distressing for those who knew and worked with Fortune throughout her time as a PhD student and postdoctoral research assistant in Geography, and for all of those in our close-knit community of African colleagues and students. 'Our thoughts are with her family and friends at this tragic time.' A former classmate described her as a "brilliant" peer who "listened and cared". Angela Machonesa said: "A brilliant light from Zimbabwe, one of our own. Dr. Fortune Gomo was taken from us in the most horrific way imaginable. " Fortune glowed differently. She had this calm, poised maturity that set her apart. While others chased noise and trends, Fortune was building. Her life was a carefully painted canvas, every stroke purposeful. She knew who she was becoming even then. A doctor. A scholar. A woman of substance. "Her brilliance in the classroom was only matched by her emotional intelligence. She was the kind of person you'd go to when you needed clarity, not just of mind, but of heart. She listened. She cared. She uplifted. Fortune had a rare, quiet strength that didn't shout for attention—but earned your respect and admiration instantly." Floral tributes have been laid for Fortune on South road by a community that is said to be in "shock". Dundee has rallied together though and a fundraising night at Sandy's Bar on Sunday, July 13, will take place to raise money for the young mum's family. Police said on Sunday they were treating Fortune's death as murder following results of a post mortem. They added they followed a number of lines of inquiry into her death. Detective Superintendent Peter Sharp, the officer in charge of the inquiry, said: 'Firstly, my thoughts remain with Fortune's family at this incredibly sad time. They are being supported by specialist officers and I would ask that their privacy is respected. 'Our enquiries are continuing and I remain satisfied that the incident poses no wider risk to the public. "At this early stage of the investigation we are following a number of lines of inquiry. I am also acutely aware of content circulating on social media and would urge the public not to speculate about the circumstances of the incident. 'The public will notice a visibly increased police presence in the area and I would encourage anyone who has any concerns to speak with our officers. 'I continue to appeal for anyone who was in the area at the time and witnessed the incident or has information that may assist us to contact Police Scotland on 101 quoting incident number 2283 of 5 July 2025. Information can also be given to the independent charity Crimestoppers on 0800 555 111.'
Yahoo
2 hours ago
- Business
- Yahoo
Uncertainty is the new certainty: That's why investors are unbothered by Trump's ongoing tariff chaos
President Trump's latest tariff salvo—threatening 10%-70% levies on non-deal countries and an extra 10% for BRICs—would once have rattled markets. Instead, the S&P 500 now sits at a record high (6,279.35), with volatility muted and the VIX 'fear' index dormant. Analysts say investors now treat policy chaos as background noise; uncertainty is simply the new certainty. President Trump said last night he will begin sending letters to the various countries that did not sign trade deals with the U.S. since April, imposing tariffs upon them of 10%-70%. He also said he would punish any country aligned with the BRICs group (that's Brazil, Russia, India, and China) with an extra 10% tariff. The new deadline for these tariffs to take effect will be August 1. All of this would normally create a great deal of uncertainty in the markets, leading to dramatic selloffs and high volatility. Indeed, we saw that happen in April when Trump first proposed his new tariff levels. Markets plunged. Yet today, the markets will open in New York with the S&P sitting at a new record high. The VIX 'fear' index is asleep. Why are investors so unbothered by Trump's tariff chaos? As Fortune noted recently, everyone expected Trump's policies to damage the U.S. and global economies, but that damage has yet to appear. Some analysts are starting to conclude that investors have become inured to them, and regard all this uncertainty as the new normal. Uncertainty is the new certainty, in other words. An example of that? The Bloomberg Trade Policy Uncertainty Index has declined in recent days despite Trump's theatrics. Goldman Sachs published an interesting note recently titled, 'A Surprisingly Small Uncertainty Drag,' by Joseph Briggs and Sarah Dong. They argue that while the tariffs are a big deal in the U.S., whose consumers will be paying them, the exposure of the economies of the countries that trade with the U.S. is relatively small. Too small to derail global growth, they say. 'Trade policy uncertainty rose after President Trump's election but has recently pulled back according to standard indices. Our own and the Fed's statistical estimates (as well as economic theory) imply that the drag on growth from uncertainty peaks shortly after it first increases, implying that uncertainty should have already slowed global growth. There are very few signs that uncertainty is taking a toll on activity, however, as investment, manufacturing employment, spending, and overall activity have all held up globally in 2025H1,' the note said. At UBS, Paul Donovan noted that today's trade letters will actually push back further any negative impact they create: 'Allowing for some stockpiling ahead of Christmas, consumers may not experience the inflation spike from these taxes until January next year—assuming that Trump does not retreat again,' he told clients this morning. Here's a snapshot of the action before the opening bell in New York: S&P 500 futures were off 0.43% this morning, before the open. The S&P 500 index closed up 0.83% on Friday, hitting a new all-time high at 6,279.35. Bitcoin was above $109K. Japan's Nikkei 225 fell 0.56% this morning. China's CSI 300 fell 0.43%. Stoxx Europe 600 was flat in early trading. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Business
- Yahoo
Goldman Sachs bets on generative AI and empowers ‘AI natives'
Good morning. Goldman Sachs, one of the world's leading investment banks, is paving the way for the next generation of finance leaders to shape the future of AI in the workplace. The bank hires about 2,500 to 3,000 interns each summer. For the 2025 internship class, Goldman received more than 360,000 applications—a 15% increase from last year, Fortune reported. With an acceptance rate of just 0.7% this year, the program is highly competitive and serves as a pipeline for permanent positions. Goldman has a strong sense of what young finance professionals want in an employer, including a focus on technology. In a new Fortune opinion piece, Marco Argenti, Goldman's chief information officer, argues that companies should empower young professionals with AI skills to help shape strategy. While some predict agentic AI—autonomous systems that can perform tasks and make independent decisions—will displace junior roles, Argenti says the reality is more nuanced. Early-career workers are more essential than ever because they are 'AI natives,' having grown up with generative AI and being uniquely equipped to adapt to and shape its future. 'Understanding how we nurture a generation of AI natives—and equip them with the right skills and tools to be leaders and not passive observers of this transformation—will be critical to defining the future of work, and society at large,' Argenti writes. He continues: 'Their instincts, creativity, and adaptability will determine how successfully we integrate AI into our organizations, not just as a tool but as a partner. The challenge ahead is beyond technological; it is cultural, educational, and distinctively human.' With every major technological shift, a new generation of leaders emerges, especially entrepreneurs whose fluency with AI is reshaping the business landscape. Argenti notes: 'Consider the CEOs of companies like Devin [AI], Windsurf, and Scale AI—all AI natives. Could one of them be the next Bill Gates or Michael Dell?' Goldman recently launched its GS AI Assistant, an internal AI program that enables employees to interact with large language models securely firewalled within the company, reducing the risk of sensitive data leaks. The AI will be used for efficiency gains, the company said in an internal memo, Fortune reported. Research shows that AI adoption among desk workers is accelerating. According to Salesforce's latest Slack Workforce Index, a survey of 5,000 global desk workers found that daily AI users are 64% more productive and 81% more satisfied with their jobs than non-users. More than 95% of workers have used AI to perform tasks they previously lacked the skills to do themselves, and workers are now 154% more likely to use AI agents to enhance their performance and creativity rather than simply automate tasks, according to the findings. Notably, millennials are emerging as the leading AI power users at work: 30% say they thoroughly understand AI agents, surpassing even Gen Z (22%). As AI continues to redefine the workplace, companies like Goldman Sachs highlight the potential benefits of empowering AI natives. Sheryl This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Record
3 hours ago
- Daily Record
Brother of scientist who died in Dundee 'street attack' left devastated
Dr Fortune Gomo, 39, was found seriously injured on South Road in the city at 4.25pm on Saturday. The grieving brother of a scientist who died following an incident in Dundee has been left in shock after learning of her death. Dr Fortune Gomo, 39, originally from Mutare in eastern Zimbabwe, was found seriously injured on South Road in the city at around 4.25pm on Saturday. Ambulance crews rushed to the scene but she sadly passed away. The mum, who lived locally and worked for Scottish Water, is understood to have obtained a PhD at University of Dundee in recent years. Her brother Regis Nyatsanza said she would have turned 40 in a few weeks' time and they had recently been discussing how she might celebrate. Speaking from Zimbabwe, he told BBC News his sister was the eldest of four siblings, describing her as the "deputy parent" of the family. Regis said: "Two weeks ago we were laughing about throwing her a big 40th birthday bash but she said she had achieved most of what she wanted. After all the struggle she had everything she wanted and so she was going to have a quiet celebration." A 20-year-old man has been arrested in connection with the death and he is due to appear at Dundee Sheriff Court on Monday. Meanwhile, heartfelt tributes have been paid to Fortune, with Scottish Water saying she was an "exceptional" scientist. Professor Simon Parsons, Director of Environment Planning and Assurance at Scottish Water, said: 'Everyone at Scottish Water, where Dr Fortune Gomo worked, is shocked and saddened by her death and we send our deepest sympathies to her family and friends. ' Fortune was an exceptional scientist and a senior service planner in our Water Resources Planning section based in Dundee where, having joined us in February, she had already become a highly valued and respected member of our team. We are supporting her colleagues at Scottish Water following this incident." The University of Dundee said: 'This has been a truly shocking event in our city and for our University community. It will be particularly distressing for those who knew and worked with Fortune throughout her time as a PhD student and postdoctoral research assistant in Geography, and for all of those in our close-knit community of African colleagues and students. Our thoughts are with her family and friends at this tragic time.' A former classmate described her as a "brilliant" peer who "listened and cared". Angela Machonesa said: "A brilliant light from Zimbabwe, one of our own. Dr. Fortune Gomo was taken from us in the most horrific way imaginable. " Fortune glowed differently. She had this calm, poised maturity that set her apart. While others chased noise and trends, Fortune was building. Her life was a carefully painted canvas, every stroke purposeful. She knew who she was becoming even then. A doctor. A scholar. A woman of substance. "Her brilliance in the classroom was only matched by her emotional intelligence. She was the kind of person you'd go to when you needed clarity, not just of mind, but of heart. She listened. She cared. She uplifted. Fortune had a rare, quiet strength that didn't shout for attention—but earned your respect and admiration instantly." Floral tributes have been laid for Fortune on South road by a community that is said to be in "shock". Dundee has rallied together though and a fundraising night at Sandy's Bar on Sunday, July 13, will take place to raise money for the young mum's family. Police said on Sunday that they were following a number of lines of inquiry following the death. Detective Superintendent Peter Sharp, the officer in charge of the inquiry, said: 'Firstly, my thoughts remain with Fortune's family at this incredibly sad time. They are being supported by specialist officers and I would ask that their privacy is respected. Our enquiries are continuing and I remain satisfied that the incident poses no wider risk to the public. "At this early stage of the investigation we are following a number of lines of inquiry. I am also acutely aware of content circulating on social media and would urge the public not to speculate about the circumstances of the incident. The public will notice a visibly increased police presence in the area and I would encourage anyone who has any concerns to speak with our officers. 'I continue to appeal for anyone who was in the area at the time and witnessed the incident or has information that may assist us to contact Police Scotland on 101 quoting incident number 2283 of 5 July 2025. Information can also be given to the independent charity Crimestoppers on 0800 555 111.'
Miami Herald
3 hours ago
- Business
- Miami Herald
Starbucks Making Major Changes to Stores in New York, California
Starbucks has begun rolling out an extensive redesign of its stores in New York and Southern California under the leadership of CEO Brian Niccol, as part of the company's "Back to Starbucks" plan. The chain is introducing premium features across these locations, including lounge-style seating, warmer lighting, and locally inspired wall art, in an effort to cultivate a traditional coffeehouse feel and encourage customers to spend more time in stores. Newsweek has contacted Starbucks outside of regular working hours via email for comment. The major changes come after Starbucks took a hit when its baristas went on strike before Christmas, waiting times for orders grew longer, and its Q4 earnings report for the last fiscal year showed a 7 percent decline in global sales. Since stepping in as CEO in September 2024, Niccol launched the "Back to Starbucks" initiative to try to encourage customers to come back to the stores. When he was appointed as the new leader of the major chain, Starbucks' shares leapt up 18 percent after two consecutive quarters of sale slumps, Fortune reported, suggesting there are lot of expectations weighing on Niccol's shoulders to bring the company's sales back up to speed. The first remodeled locations, including stores in Bridgehampton and East Hampton, New York, now showcase cozy chairs, hardwood floors, and artwork on the walls that capture the spirit of the areas' local communities. Starbucks has also brought back ceramic mugs for some in-store orders and reintroduced the self-service condiment bar. Baristas were also instructed to be welcoming to customers and leave hand-written notes on cups. The redesigns are part of a comprehensive strategy to reverse the downward slope in sales by enhancing the customer experience and reestablishing Starbucks as a welcoming "third place," a space of respite over coffee away from home and work—a vision first championed by former CEO Howard Schultz. Alongside the aesthetic updates, Starbucks has focused on operational changes such as streamlining its food and beverage menu, by reducing some options for customizations, and introducing a new order sequencing algorithm to reduce wait times. The company said that the measures enabled three-quarters of orders at test locations to arrive in under 4 minutes during peak hours, Fortune reported. In June, Starbucks also hosted over 14,000 coffeehouse leaders from across North America at its Leadership Experience 2025 in Las Vegas in June, as part of the initiative. At the event, leaders had the chance to engage in workshops, connect and network, and hear directly from company leaders. Starbucks' CEO Brian Niccol said in June: "'Getting 'Back to Starbucks' means refocusing on what has always set us apart — a welcoming coffeehouse where people gather, and where we serve the finest coffee, handcrafted by our skilled baristas. We are bringing together our coffeehouse leaders from across North America to celebrate, empower and equip them to accelerate our transformation. "The coffeehouse experience defines the Starbucks brand, and these leaders and their teams bring that experience to life for millions of customers every day." Starbucks' Chief Operating Officer (COO) Mike Grams said in June: "This isn't just a reset—it's a recommitment to who we are when we are at our best. We're making progress, have real momentum with our 'Back to Starbucks' plan and are on the right track to turn the business around. "Our turnaround is rooted in listening—to partners and customers—and taking action on what we hear. We're listening and testing in the coffeehouse, and then applying our learnings to scale quickly and enhance the customer and partner experience." Continued changes and refurbishments are expected in stores as part of the "Back to Starbucks" initiative. Related Articles Woman Takes Dog To Drive Thru for Pup Cup, No One Prepared for His ReactionIs the Stock Market Open on Fourth of July? What to KnowGen Z Is Leading America's Boycott ChargeChina's Answer to Starbucks Launches First Stores in US 2025 NEWSWEEK DIGITAL LLC.
