American Chamber of Commerce in Turkey

Nearly Half of Americans Have Turned to Side Hustles and Other Forms of Supplemental Income in Today's Challenging Economy, New Survey Finds

Retrieved on: 
Wednesday, April 12, 2023

LOS ANGELES, April 12, 2023 /PRNewswire/ -- Do you struggle to make ends meet? You're not alone. According to a new study commissioned by Herbalife, almost half (40%) of Americans are turning to side hustles or other forms of supplemental income in today's challenging economy. And of those with side hustles, 48% started it solely to make ends meet. In addition, side hustles offer a feasible alternative to asking loved ones for money – something four in 10 Americans have found the need to do within the past year.

Key Points: 
  • According to a new study commissioned by Herbalife , almost half (40%) of Americans are turning to side hustles or other forms of supplemental income in today's challenging economy.
  • And of those with side hustles, 48% started it solely to make ends meet.
  • "The rising cost of living is causing Americans to fall behind on their monthly bills," said Humbi Calleja, Herbalife vice president and general manager for North America.
  • The study, conducted by One Poll on behalf of Herbalife, surveyed 2,000 Americans and 6,500 international respondents from 9 different countries.

Transeo Names EdTech Industry Leader Cecilia Retelle Zywicki as CEO

Retrieved on: 
Monday, February 6, 2023

DENVER, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Transeo , the leading platform for connecting work-based learning opportunities to K-12 schools, named Cecilia Retelle Zywicki as CEO.

Key Points: 
  • DENVER, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Transeo , the leading platform for connecting work-based learning opportunities to K-12 schools, named Cecilia Retelle Zywicki as CEO.
  • Zywicki has more than a decade of experience leading, scaling, and building education companies.
  • Before that, Zywicki co-founded the software company Ranku in 2013, which built two-sided marketplaces for state systems to increase student enrollment.
  • "On behalf of the Transeo team, I want to thank Don Fraynd and David Schuler for their many years of leadership.

Rajesh Subramaniam, President and CEO of FedEx, to Receive 2023 Horatio Alger Award

Retrieved on: 
Wednesday, January 18, 2023

WASHINGTON, Jan. 18, 2023 /PRNewswire/ -- Horatio Alger Association of Distinguished Americans, Inc., a nonprofit educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue their dreams through higher education, today announced that Rajesh Subramaniam, president and CEO of FedEx, has been selected for membership in this prestigious organization. Mr. Subramaniam joins 12 other exceptional business, civic and cultural leaders from across North America in receiving 2023 honors. For 76 years, the Horatio Alger Award has been annually bestowed upon esteemed individuals who have succeeded despite facing adversities, and who have remained committed to education and charitable efforts in their communities. 

Key Points: 
  • In 2022, Mr. Subramaniam was selected to serve as president and CEO of the $94 billion transportation company.
  • "Mr. Subramaniam embodies the power of the American Dream," said Terrence J. Giroux, executive director, Horatio Alger Association.
  • "Each year, it is our utmost honor to present outstanding leaders who have displayed extraordinary perseverance in overcoming challenges with the Horatio Alger Award," said James F. Dicke II, chairman, Horatio Alger Association and 2015 Horatio Alger Award recipient.
  • For more information about Horatio Alger Association and its Member Class of 2023, please visit www.horatioalger.org and follow the organization on Facebook , Twitter and Instagram .

U.S. Business Executives Sentiment on the Strength of the Canadian Economy Weakens


The semi-annual study suggests that U.S. business executives' sentiment on the Canadian economy is at an all-time low.

Key Points: 
  • The semi-annual study suggests that U.S. business executives' sentiment on the Canadian economy is at an all-time low.
  • However, sentiment regarding Canada's business investment environment continues to track upwards in fact, it's up 11 points since April 2021.
  • The research also shows a decline in sentiment on the outlook of the Canadian economy with participating U.S. business executives eight times more likely to say that the Canadian economy will become weaker (66%) rather than stronger (8%) in in the next six months.
  • Despite that decrease and the declining sentiment on the outlook of the Canadian economy, about one in two participating U.S. business executives (53%) still expect an increase in their sales in Canada over the next six months.

Privacy Commissioner Delivered the Keynote Speech at a Roundtable on “Artificial Intelligence in Finance: Data Ethics and Beyond”

Retrieved on: 
Friday, November 11, 2022

The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, gave a keynote speech on 2 November 2021 at a roundtable on the topic of Artificial Intelligence in Finance: Data Ethics and Beyond.

Key Points: 
  • The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, gave a keynote speech on 2 November 2021 at a roundtable on the topic of Artificial Intelligence in Finance: Data Ethics and Beyond.
  • In her speech, the Privacy Commissioner discussed the privacy risks and the regulatory environment of artificial intelligence and appealed for the collaboration of all stakeholders to mitigate the privacy and ethical risks arising from the use of artificial intelligence.
  • The Privacy Commissioner also introduced the Guidance on the Ethical Development and Use of Artificial Intelligence published by her office in August this year.
  • Privacy Commissioner, Ms Ada CHUNG (top left), gave the keynote speech at the roundtable on Artificial Intelligence in Finance: Data Ethics and Beyond.

Study Shows US-German Business Fully Recovered from Corona

Retrieved on: 
Thursday, November 3, 2022

BERLIN, Nov. 3, 2022 /PRNewswire/ -- (GTAI) – "A strong recovery after the difficult Corona year 2020" – that's the central conclusion of the AmCham Germany's look at US companies in Germany in 2021.

Key Points: 
  • By comparison, German companies in the US did 14.9 percent more business after a 1.4 percent drop in 2020.
  • "The 2021 AmCham figures underscore the fundamental solidity of US-German business," says Robert Hermann, CEO of Germany Trade & Invest, the German agency for international business promotion.
  • Read the full AmCham study here: https://www.amcham.de/news-details/ranking-top-50-us-companies-with-the-...
    Germany Trade & Invest (GTAI) is the economic promotion agency of the Federal Republic of Germany.
  • GTAI supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up shop in Germany.

AmCham Italy and Genenta Science Announce the Bowling Green Bull Initiative

Retrieved on: 
Monday, July 25, 2022

MILAN, Italy, July 25, 2022 (GLOBE NEWSWIRE) -- Bowling Green Bull (BGB) is an initiative to connect Italian companies, entrepreneurs and top managers aiming for international growth and expansion in their interactions with U.S. financial markets and investors.

Key Points: 
  • MILAN, Italy, July 25, 2022 (GLOBE NEWSWIRE) -- Bowling Green Bull (BGB) is an initiative to connect Italian companies, entrepreneurs and top managers aiming for international growth and expansion in their interactions with U.S. financial markets and investors.
  • This initiative is part of Italian companies growing internationalization, particularly in the U.S. AmCham Italy has made this a strategic point in its efforts to strengthen transatlantic relations.
  • The Stock Exchange executives, unhappy about the bull that they had not commissioned, immediately relocated the sculpture to a corner of the green triangle in Bowling Green Park, at the beginning of Broadway.
  • Since then, one of the names given to Charging Bull has been Bowling Green Bull.

NuVasive Opens Singapore Experience Center for Asia-Pacific region

Retrieved on: 
Wednesday, June 29, 2022

SAN DIEGO, June 29, 2022 /PRNewswire/ -- NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, announced the grand opening of its Singapore Experience Center for the Asia-Pacific region, supporting the Company's growth strategy to globalize its business.

Key Points: 
  • "The NuVasive Singapore Experience Center demonstrates our continued global commitment to scale our world-class business in markets like the Asia-Pacific region and support premier surgeon education," said Chris Barry, chief executive officer ofNuVasive.
  • Senior representatives of the American Chamber of Commerce in Singapore will attend the ribbon cutting event to celebrate the grand opening.
  • The center will provide surgeons across the region the opportunity to train and learn from faculty surgeons in Singapore and provide office space for cross-functional support staff to drive business growth.
  • Features of the Singapore Experience Center include:
    Educational training rooms with advanced cameras and streaming capabilities for effective virtual learning.

Despite COVID-19 and Financial Hits, Survey of US Companies Finds China Remains a Key Priority

Retrieved on: 
Wednesday, March 11, 2020

But despite financial setbacks and growing caution when it comes to investment, China remains a top priority for most member companies.

Key Points: 
  • But despite financial setbacks and growing caution when it comes to investment, China remains a top priority for most member companies.
  • The Chamber's nationwide mission is to help American companies succeed in China through advocacy, information, networking, and business support services.
  • In addition to our headquarters in Beijing, AmCham China serves Tianjin, Central China, and Northeast China through our Chapters in Tianjin, Dalian, Shenyang, and Wuhan.
  • Across the five offices, AmCham China has more than 30 working groups, and holds more than 150 events each year.

American Business Discusses the Future of China's Workforce -- AmCham China Holds its 20th Annual Human Resources Conference

Retrieved on: 
Monday, July 1, 2019

Most importantly, they can build bridges that enable China and the rest of the world to share concrete achievements with one another.

Key Points: 
  • Most importantly, they can build bridges that enable China and the rest of the world to share concrete achievements with one another.
  • The chamber's nationwide mission is to help American companies succeed in China through advocacy, information, networking and business support services.
  • AmCham China is the only officially recognized chamber of commerce representing American business in mainland China.
  • With offices in Beijing, Tianjin, Dalian, Shenyang and Wuhan, AmCham China has more than 40 working groups, and holds more than 250 events each year.