On PR Newswire: Nobel Prize in Chemistry Awarded, Consumer Confidence Unchanged, MGM Resorts Reaches Settlement
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. Here are some of this week’s most newsworthy:
The Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Chemistry 2019 to John B. Goodenough, M. Stanley Whittingham, and Akira Yoshino for the development of lithium-ion batteries. This lightweight, rechargeable and powerful battery is now used in everything from mobile phones to laptops and electric vehicles. It can also store significant amounts of energy from solar and wind power, making possible a fossil fuel-free society.
Global Consumer Confidence Unchanged in Q3; Index Remains at Historic High Despite Rising Anxieties, Global Consumers Remain Steadfast
The Conference Board Global Consumer Confidence Index, conducted in collaboration with Nielsen, was unchanged in the third quarter of 2019 and remains at a high of 107 (a reading of 100 or above is considered positive). The index has been relatively flat in recent quarters, but hovering at historically high levels for about a year. While consumers are likely to sustain spending, going forward, rising concerns related to trade disputes and geopolitical uncertainties may create a more volatile scenario in which consumers will grow increasingly cautious regarding their spending.
New research from global staffing firm Robert Half suggests there’s truth to the saying, “People leave managers, not companies.” About half of professionals surveyed (49%) have quit a job due to a bad boss. Among the 28 U.S. cities in the study, Sacramento (66%), Miami and Tampa (58% each) had the most workers who departed because they didn’t like their supervisor.
MGM Resorts International and counsel representing substantially all plaintiffs in litigation involving the Oct. 1, 2017, shooting announced on Oct. 3 that they have reached a settlement agreement to resolve pending lawsuits involving MGM Resorts regarding these matters. The settlement agreement represents the resolution of the company’s and the plaintiffs’ counsel’s previously disclosed mediation efforts. The total settlement amount is expected to be between $735 million and $800 million, subject to and depending on the number of claimants who choose to participate in the settlement.
U.S. News & World Report, the global authority in rankings and consumer advice, on Oct. 8 unveiled the 2020 Best Places to Retire in the United States. The rankings offer a comprehensive evaluation of the country’s 125 largest metropolitan areas – up from 100 last year – based on how well they meet Americans’ expectations for retirement, with measures including housing affordability, desirability, health care and overall happiness.
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Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for nearly 30 years and enjoys reality TV and daydreaming about travel and wine.