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Northern Trust cutting 500 from global staff


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Chicago-based Northern Trust, its earnings pressured by record low interest rates, said Friday it is laying off 500 people from its worldwide staff.
The reductions represent about 2.5% of the bank’s global headcount of 20,700 employees. Spokesman Doug Holt did not say how many of the cuts will be in Chicago, where he said Northern Trust had 6,500 people working at the end of 2020.
“Given current market conditions, we are compelled to make a number of difficult staffing decisions,” Holt said. “These decisions are designed to ensure our resources are being used in the most prudent manner to meet our clients’ needs and execute on our long-term strategic priorities. The reductions are global.” ....

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Trump Loving Pro Pedophilia White Supremacist Forced 12-Year-Old Girl to Wear a Disguise as He Kidnapped Her – Veterans Today | Military Foreign Affairs Policy Journal for Clandestine Services


In 2008, Larson sent a letter to the Secret Service in which he threatened to kill either George W. Bush or Barack Obama, according to The Washington Post. The following year, he pleaded guilty to threatening to kill a president and served 16 months in federal prison. (USA Today)
Daily Beast: A 40-year-old white supremacist has been arrested after abducting a 12-year-old girl and trying to fly her across the country in disguise, authorities say. Nathan Larson, the alleged kidnapper, is a convicted felon with a track record of openly promoting pedophilia on his website, according to the Fresno County Sheriff’s Office. He has also run unsuccessfully for public office in Virginia. ....

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A tech reboot of retail


A tech reboot of retail
With 2020 having been the toughest year on record for bricks and mortar retailers, we look at some tech innovations that may be heading for the high street
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Published: 14 Dec 2020
There are reports of doom and gloom in the retail sector almost weekly. Earlier this year, analyst Forrester predicted that in 2020, there would be a significant decline in global retail sales, particularly with non-essential items sold offline, which will be a big challenge for bricks-and-mortar retailers. 
The forecast, published in April 2020, suggests that, due to the coronavirus, global retail sales in 2020 will decline by an average of 9.6% globally – a loss of $2.1tn. Forrester also predicts that it will take four years for retailers to overtake pre-pandemic levels. ....

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