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☆ Renowned American artist Frank Stella dies aged 87
▼ + stars: | 2024-05-04 | by ( Kathleen Magramo | Sara Smart | ) edition.cnn.com time to read: +2 min

CNN —Frank Stella, the American artist renowned for his abstract works, died on Saturday at the age of 87, his longtime representative said in a statement. “It has been a great honor to work with Frank for this past decade,” said Marianne Boesky, who has represented Stella since 2014, in a statement. “His is a remarkable legacy, and he will be missed.”Born in 1936, Massachusetts native Stella attended Phillips Academy Andover, where he studied painting under Patrick Morgan. Stella continued to create art well into his ninth decade, with his some of his recent sculptures being displayed at the Jeffrey Deitch Gallery in New York City. One of his final pieces is still on display in Florida at the Museum of Contemporary Art Jacksonville.

Persons: Frank Stella, Stella, Harriet E, McGurk, Frank, ”, Marianne Boesky, Patrick Morgan, Stephen Greene, Willliam Seitz, Frank Stella's, Gabriel Bouys, Moby Dick ”, Jeffrey Deitch Organizations: CNN, The New York Times, Stella, Phillips Academy Andover, Princeton, Guggenheim, Getty, Museum of Modern Art, Jeffrey, Museum of Contemporary Art Locations: American, Manhattan, Massachusetts, New York City, Rome, Italy, AFP, Florida, Museum of Contemporary Art Jacksonville

☆ My $500,000 Home Renovation Turned Into a Real-Estate Nightmare
▼ + stars: | 2024-05-01 | by ( Christine Chitnis | ) www.businessinsider.com time to read: +13 min

What was supposed to be a yearlong $140,000 renovation ballooned into three excruciating years that cost us more than $500,000 — and the work is still not finished. But as my husband and I soon discovered, unless you've made a plan, legal protections for homeowners are close to nonexistent. Every time our contractor turned up the temperature, we grimly adjusted to the reality of our demise. Knowing the cardinal rule of home renovation — never pay in full until the job is over and inspected — we grew suspicious. Despite completing several home-improvement and renovation projects with her husband over the years, she lacked the confidence to DIY the renovation of her newly purchased 6,500-square-foot home.

Persons: Arcadis, you've, Christine Chitnis, wasn't, It's, We've, Amanda Jane Jones, Jones, David Jensen, Greenberg Traurig, He'd, Jensen, Lisa DiAntonio, DiAntonio, hadn't, what's, Condé Organizations: Homeowners, Harvard's, for Housing Studies, Department of Business, American Institute of Architects, Vogue, The New York Times Locations: Rhode Island, North America, Northern Michigan, Michigan, Utah, New Jersey, Andover , Massachusetts

☆ Moschino: Adrian Appiolaza makes his Milan debut
▼ + stars: | 2024-02-23 | by ( Scarlett Conlon | ) edition.cnn.com time to read: +5 min

Milan CNN —Trompe ‘l’oeil suspenders, resplendent ruffles, and polka dots aplenty: the 1980s Moschino archive was out in force to mark Adrian Appiolaza’s debut as creative director at the house on Thursday evening in Milan, albeit filtered through a fresh perspective. “It was about taking Franco Moschino’s masterpieces and bringing them back to life while balancing the theatricality that he was known for,” said Appiolaza at a preview of the pieces before the show. “Today, it’s important for people to feel related to the collection.”Appiolaza said his aim with this collection was to bring Franco Moschino's masterpieces "back to life." As an avid collector and self-proclaimed archivist, Appiolaza’s instinct took him straight to the founder Franco Moschino’s back catalogue. Jacopo Raule/Getty ImagesSpliced Stetsons and double denim also continued the cowboy-core theme we've seen a lot for fall.

Persons: Milan, resplendent ruffles, Adrian Appiolaza’s, Franco, ”, Appiolaza, ” Appiolaza, Jacopo Raule, Loewe, Alexander McQueen, Miguel Andover, Phoebe Philo, Davide Renne, Jeremy Scott, Franco Moschino’s, “, Pietro D'Aprano, Smiley, –, Katy Perry, SpongeBob, Tweety Bird, Adrian Appiolaza Organizations: Milan CNN, ”, CNN, McDonalds Locations: Milan, Chloé

☆ Artist Carl Andre, known for minimalist sculptures and a murder trial, dies at 88
▼ + stars: | 2024-01-25 | by ( Wallace Ludel | ) edition.cnn.com time to read: +8 min

American artist and sculptor Carl Andre pictured at London's Whitechapel Gallery in London on March 15, 1978. Andre’s work often consisted of industrially fabricated forms made from simple, raw material — such as metal, granite, wood, and brick — arranged in free-standing patterns. His death passing was confirmed on Wednesday by the Paula Cooper Gallery, with which the artist had worked since 1964. “My father always said, ‘I am old school and European, and my wife does not work,’” Andre told the magazine. Ken Hively/Los Angeles Times/Getty ImagesIn 1970, after just over a decade in New York, Andre received his first major museum survey, at the Guggenheim Museum.

Persons: Carl Andre, — Carl Andre, Paula Cooper, Ana Mendieta, Andre, ” Andre, George Andre —, “, Margaret Johnson, ‘, ’ ” Andre, ”, Frank Stella, Stella —, “ They’re, They’re, Ken Hively, Peter Schjeldahl, “ Andre, Mendieta, Helen Molesworth, Angeles’s Museum of Contemporary Art —, “ Carl Andre, Melissa Kretschmer Organizations: The Art, CNN, Phillips Academy, Kenyon College, Army, Northeastern University —, Tate, Los Angeles Times, Guggenheim Museum, The New York Times, Dia Beacon, Angeles’s Museum of Contemporary Art, Artforum Locations: London, American, New York City, Quincy , Massachusetts, United States, Sweden, “ The, Andover , Massachusetts, Beverly Hills, New York, Greenwich Village

☆ How to Invest in Mutual Funds
▼ + stars: | 2023-10-11 | by ( Mallika Mitra | ) www.wsj.com time to read: +20 min

Mutual funds are relatively cheap and simple to invest in, thanks to the many trading apps and online brokerages available nowadays. To get started, read on for our 10-step guide on how to invest in mutual funds. Once you open an account, you can invest in a wide range of securities, like stocks, bonds and mutual funds. Buy mutual fund sharesNow that you’ve solidified your strategy and done your research, you are almost ready to buy mutual funds. How to buy mutual fund sharesSome mutual funds require an investment minimum, often between $500 and $3,000, but not all do.

Persons: Mallika Mitra, Tricia Rosen, ”, Rosen, “, Ameritrade, Roth, Roth IRAs, Uncle Sam, you’ve, Randy Bruns, it’s, Morningstar, Russell, hasn’t, Amy Arnott, John Bogle, Morningstar’s Arnott, pitfall Arnott, You’ll, you’ll, Don’t, Sam, haven’t Organizations: Mutual, Fidelity, Vanguard, Morningstar, SEC, Apple, Fidelity Investments Fidelity, Target, Walmart, Funds, Capital Group, Capital Group’s, The Securities, Exchange Commission, Social, Consumer, Morgan, Capital Locations: Andover, Mass, Naperville , Illinois, U.S

☆ Fact Check-Video of tornado and car hit by winds predates Hurricane Idalia
▼ + stars: | 2023-09-01 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A video that includes two old clips of devastation caused by violent winds predates Hurricane Idalia that made landfall on Florida’s coast on Aug. 30, 2023. “Category 4 Hurricane Idalia makes landfall in Florida bringing waves 12ft, tornado #CAT 4 hope it passes quickly” read a post sharing the compilation on messaging platform X, formerly known as Twitter (here). A screenshot from the video of a tornado was also shared on Facebook with the same caption (here). “Idalia, though being termed as a Category 4 hurricane, is actually no less than a Category 5 hurricane” read another post sharing the videos on Facebook (here). Videos of a tornado levelling houses and a car being blown away predate Hurricane Idalia.

Persons: ”, “, Taylor Trian, Idalia, Read Organizations: Facebook, Mississippi, Reuters, Hurricane Locations: Florida, Kansas, Andover , Kansas, Taiwan, Texas, Georgia

☆ The 15 most in-demand ZIP codes for U.S. homebuyers—No. 1 is in Ohio
▼ + stars: | 2023-08-27 | by ( Mike Winters | ) www.cnbc.com time to read: +1 min

Gahanna, Ohio, is the most in-demand area in the country, according to an analysis of over 29,000 ZIP codes by Realtor.com . The most desirable ZIP code for U.S. homebuyers isn't in a big city on the coast — it's a cozy suburb in Ohio. The median price of a home is $389,000, less than the U.S. median of $445,000, per Realtor.com data. As for the other top ZIP codes, buyer demand is concentrated in the affordable Midwest or Northeast neighborhoods near large cities. Many potential buyers for the top 15 ZIP codes are from large cities nearby, which suggests they're looking for cheaper homes locally, the study says.

Persons: homebuyers Locations: Gahanna , Ohio, Ohio, Columbus , Ohio, Gahanna, U.S, Midwest, Ridgewood , New Jersey, Andover , Massachusetts

☆ Analysis-Lithium buyers eye cheaper early-stage deals in Australia
▼ + stars: | 2023-08-22 | by ( Melanie Burton | Scott Murdoch | ) www.reuters.com time to read: +6 min

So I think there’s going to be some opportunistic acquisitions.”There is already evidence of frenzied deal activity involving pre-producing companies. Develop Global, a base metals explorer backed by diversified miner Mineral Resources, last month proposed to acquire lithium developer Essential Metals for A$152.6 million ($97.98 million). “Even though battery chemistry is evolving and impacting certain metals, lithium is a mainstay and the demand story remains robust. The battery metals landscape, and lithium in particular, looks poised for further M&A activity,” said Gavi Friedland, head of metals and mining at Goldman Sachs in Australia & New Zealand. Mineral Resources is deciding whether to build an Australian lithium battery chemical plant, while Albemarle is expanding production at its Kemerton hydroxide plant and SQM is also building a lithium hydroxide plant.

Persons: Ivan Alvarado, acquirers, ”, Kaan, “, Gavi Friedland, Goldman Sachs, Guy Alexander, Buyers, Japan’s Idemitsu, Delta, Tony Chong, Squire Patton Boggs, Jakob Stausholm, Stausholm, ” Dale Henderson Organizations: MELBOURNE, REUTERS, Chile, Albemarle Corp, RBC, Develop, Mineral Resources, Metals, Minerals, Liontown Resources, Climate Capital, Consultancy, EV, Goldman, New Zealand, Resources, ”, Rio Tinto, Patriot Metals, Canada, Reuters Locations: Albemarle Chile, Chile, Australia, Sydney, Andover, Albemarle, Perth, China, U.S, Rio, Canada, Quebec

[1/2] A general view shows the brine pools of Albemarle Chile lithium plant placed on the Atacama salt flat, Chile, May 4, 2023. "It seems like the cheapest way to get lithium units is via the drill bit," said analyst Kaan Peker of RBC in Sydney. "Even though battery chemistry is evolving and impacting certain metals, lithium is a mainstay and the demand story remains robust. The battery metals landscape, and lithium in particular, looks poised for further M&A activity,” said Gavi Friedland, head of metals and mining at Goldman Sachs in Australia & New Zealand. Mineral Resources is deciding whether to build an Australian lithium battery chemical plant, while Albemarle is expanding production at its Kemerton hydroxide plant and SQM is also building a lithium hydroxide plant.

Persons: Ivan Alvarado, acquirers, Kaan, ”, Gavi Friedland, Goldman Sachs, Guy Alexander, Buyers, Japan's Idemitsu, Delta, Tony Chong, Squire Patton Boggs, Jakob Stausholm, Stausholm, Dale Henderson, Melanie Burton, Veronica Brown Organizations: REUTERS, Chile, Albemarle Corp, RBC, Develop, Mineral Resources, Metals, Minerals, Liontown Resources, Climate Capital, Consultancy, EV, Goldman, New Zealand, Resources, Tinto, Patriot Metals, Canada, Reuters, Thomson Locations: Albemarle Chile, Chile, MELBOURNE, Australia, Sydney, Andover, Albemarle, Perth, China, U.S, Canada, Quebec

☆ I was a scholarship kid at an elite boarding school. It changed my life, but I'd never send my own kids away.
▼ + stars: | 2023-07-14 | by ( Elle Hardy | ) www.businessinsider.com time to read: +7 min

Kelly Johnson-Arbor said boarding school stabilized her life and helped her overcome shyness. While she had a positive experience, she decided not to send her own children to boarding school. The school gave me extra confidence and a great education, but I don't think boarding school is the right fit for everyone. She had friends who sent their kids to boarding schools, and she wanted me to have that experience. My children are 10 and 12, and given their more comfortable upbringing, I couldn't picture sending them away to boarding school.

Persons: Kelly Johnson, Arbor, Phillips, didn't, Phillips Exeter, I'd, I'm, weren't, Exeter, I've Organizations: Phillips Exeter, Service, Capital Poison Center, MedStar Georgetown University Hospital, Phillips Exeter Academy, Niche, East Coast, Andover, Harvard Locations: Wall, Silicon, Washington , DC, America, Anchorage , Alaska, Exeter , New Hampshire, Alaska, Exeter

☆ I went to Phillips Exeter, one of the most elite boarding schools in America. It changed my life, but I wouldn't send my kids there.
▼ + stars: | 2023-07-14 | by ( Elle Hardy | ) www.businessinsider.com time to read: +7 min

While she had a positive experience, she decided not to send her own children to boarding school. I went to Phillips Exeter Academy , which is ranked by Niche as the third-best boarding high school in America . The school gave me extra confidence and a great education, but I don't think boarding school is the right fit for everyone. She had friends who sent their kids to boarding schools, and she wanted me to have that experience. My children are 10 and 12, and given their more comfortable upbringing, I couldn't picture sending them away to boarding school.

Persons: Kelly Johnson, Arbor, Phillips, didn't, Phillips Exeter, I'd, I'm, weren't, Exeter, I've Organizations: Service, Capital Poison Center, MedStar Georgetown University Hospital, Phillips Exeter Academy, Niche, East Coast, Andover, Harvard Locations: Wall, Silicon, Washington , DC, America, Anchorage , Alaska, Exeter , New Hampshire, Alaska, Exeter

☆ Photos this week: July 6-13, 2023
▼ + stars: | 2023-07-13 | by ( ) edition.cnn.com time to read: 1 min

Catastrophic flooding, spawned by epic rainfall, damaged or destroyed countless homes in Vermont this past week. The worst-hit areas include Barre, Ludlow, Londonderry, Andover and the state capital, Montpelier. The state's governor estimated Wednesday that thousands of lives have been upended. "I know thousands of Vermonters have lost homes, businesses and more," Gov. Here are some of the stories that made headlines over the past week, as well as some photos that caught our eye.

Persons: Phil Scott, Joe Biden, Jennifer Morrison Locations: Vermont, Barre, Ludlow, Londonderry, Andover, Montpelier, The

[1/3] Debris from overnight flooding along Cedar Pond Brook is pictured in Stony Point, New York, U.S., July 10, 2023. "Widespread, heavy rainfall capable of producing considerable to catastrophic flooding is beginning to unfold, road washouts are ongoing, and are expected to increase in extent and severity over the course of the day," the weather service said on Monday. On Monday morning, Amtrak suspended passenger train service between Albany and New York after flooding damaged tracks. "So that's basically what our priority is today, to try to get to them and open up these major arteries." About two dozen state roads were closed as life-threatening flooding spread across much of the state from the Massachusetts state line north to the Canadian border, Vermont State Police said.

Persons: Mike Segar, Boston's Logan, Steven Neuhaus, ABC's, Neuhaus, Melissa Roberts, Kathy Hochul, Irene, Phil Scott, Jeannette Haight, Brendan O'Brien, Rich McKay, Ed Osmond, Jonathan Oatis Organizations: REUTERS, National Weather Service, New York's LaGuardia, Amtrak, U.S . Military Academy, Orange County . New, Vermont State Police, Burlington, Media, Thomson Locations: Stony Point , New York, U.S, Eastern New York, Boston, Western Maine, Albany, New York, Orange County , New York, Highland Falls, Fort Montgomery, New York City, Orange County ., Ontario County, Vermont, New England, Massachusetts, Andover, North Carolina, Chicago, Atlanta

☆ See images of the floods plaguing New York and New England
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: +5 min

Parts of the Burlington, Vermont, area have seen 6 inches (15 cm) of rain, with 2 inches (5 cm)of downpours expected Monday afternoon. Amtrak suspended passenger train service between the state capital Albany and New York City after flooding damaged tracks. Amtrak shares some of that route's track with the Metro-North commuter railroad into New York, which suspended some service on that line and another. "This is an all-hands-on-deck" event, Vermont Governor Phil Scott said at a news conference, a day after declaring a state of emergency for Vermont. About two dozen state roads were closed as potentially deadly flooding spread across much of the state from the Massachusetts state line north to the Canadian border, Vermont State Police said.

Persons: Kathy Hochul, Fatih Aktas, downpours, Boston's Logan, Steven Neuhaus, ABC's, Neuhaus, Melissa Roberts, Phil Scott, Irene, Jeannette Haight Organizations: Anadolu Agency, Getty, National Weather Service, New York's LaGuardia, Amtrak, Metro, U.S . Military Academy, New, Vermont State Police, Burlington Locations: Highland Falls, Fatih, U.S, Eastern New York, Boston, Western Maine, Stormville, New York City, Burlington , Vermont, Albany, New York, Orange County , New York, Fort Montgomery, Orange County, Ontario County, Vermont, New England, Massachusetts, Andover, North Carolina

☆ Mercury Systems rebuffs former CEO's unusual pay demand
▼ + stars: | 2023-06-28 | by ( David Carnevali | ) www.reuters.com time to read: +5 min

The value of the change-in-control payout hinges on Aslett's unvested shares and Mercury's stock price. In his resignation letter, Aslett said he was entitled to the change-in-control payout even though that change did not occur. Mercury said its board of directors disputed Aslett's claim to the change-in-control payout. Without it, Aslett would be entitled only to a $2.4 million severance package, a Mercury regulatory filing shows. But the contract stipulates that to be eligible for the change-in-control payout, Aslett also needed to resign for "good reason."

Persons: Mark Aslett, Marc Hodak, Aslett, Mercury, Charles Elson, William Ballhaus, Elliott, I've, Francis Byrd, David Carnevali, Svea Herbst, Bayliss, Greg Roumeliotis, Matthew Lewis Organizations: YORK, Mercury Systems Inc, Mercury, Reuters, University of Delaware, Elliott Investment Management, Alchemy, Partners, Svea, Thomson Locations: Andover , Massachusetts, New York

☆ Constitution Capital Banks $1.1 Billion to Back Midmarket Funds, Co-Investments
▼ + stars: | 2023-06-09 | by ( Laura Kreutzer | ) www.wsj.com time to read: 1 min

Constitution Capital Partners has raised around $1.1 billion across two midmarket investment strategies, one that backs private-equity funds and the other that invests in companies alongside other fund managers, people familiar with the matter said. The Andover, Mass., firm continues to seek some $300 million for a third vehicle, Ironsides Opportunities Fund II, which is focused on opportunistic credit deals, the people said. The strategy targets corporate debt as well as equity instruments, including senior and other loans,...

Organizations: Capital Partners Locations: Andover, Mass

☆ Massachusetts US attorney to resign amid Justice Dept ethics probe
▼ + stars: | 2023-05-16 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +4 min

WASHINGTON, May 16 (Reuters) - Massachusetts U.S. Attorney Rachael Rollins will resign her post by Friday, her lawyer said on Tuesday, after the prosecutor became the subject of a wide-ranging ethics investigation by the Justice Department inspector general's office. Bromwich announced her decision to resign her post not long after Rollins met with officials in Washington at the Justice Department on Tuesday. Rollins was narrowly confirmed by the Senate in December 2021 after Vice President Kamala Harris cast the tie-breaking vote. "I warned Democratic senators that Rachael Rollins wasn't only a pro-criminal ideologue, but also had a history of poor judgment and ethical lapses," Cotton said in a statement on Tuesday. U.S. Attorney General Merrick Garland had vowed when he assumed his post as the nation's top law enforcement official to protect the Justice Department from partisan influence.

☆ Fact Check-Clip of levelled houses was not filmed during Mississippi tornado in March 2023
▼ + stars: | 2023-03-27 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A clip of a tornado destroying power lines and houses was not filmed in Mississippi on March 24. A reverse image search reveals that the clip was uploaded by Kansas-based media outlet KAKE News on May 5, 2022 (here). Per the report, the clip was filmed in Andover, Kansas after a tornado tore through the city on April 29, 2022. Other examples of the clip uploaded online in May 2022 can be found (bit.ly/40jWe7I) and (here). The clip was filmed in Andover, Kansas in April 2022 per a local media outlet who interviewed the person who filmed the footage.

BOSTON, March 1 (Reuters) - Massachusetts U.S. Attorney Rachael Rollins has hired a former Justice Department inspector general to defend her in a widening ethics investigation into her appearance at a political fundraiser and her travel. The controversy has threatened to undermine Attorney General Merrick Garland’s vow to protect the Justice Department from partisan influence and efforts to extend progressive criminal justice policies championed by Rollins to the federal level. It is unclear what the inspector general's probe will find or when it will be completed. James Borghesani, a spokesman for Hayden, said they have received no inquiries from the inspector general's office. Investigators are also looking at Rollins' use of a personal cellphone, rather than her government-issued one, for Justice Department business, said two other people familiar with the matter.

☆ Military Chip Maker Mercury Systems Up For Sale
▼ + stars: | 2023-02-01 | by ( Doug Cameron | ) www.wsj.com time to read: 1 min

One of the Pentagon’s top manufacturers of microchips is up for sale, just as the defense industry faces a shortage of crucial semiconductors that executives said could stretch for another two years. Mercury Systems Inc. said its board has launched a strategic review, a move widely viewed by analysts as a precursor to a possible sale after activist investors pushed for change at the Andover, Mass.,-based company.

☆ Addiction drug shows promise lifting long COVID brain fog, fatigue
▼ + stars: | 2022-10-18 | by ( Julie Steenhuysen | Nancy Lapid | ) www.reuters.com time to read: +6 min

Lauren Nichols, who has long COVID, takes a break and rests in a lounge bed in the office in her home in Andover, Massachusetts, U.S., August 3, 2022. Register now for FREE unlimited access to Reuters.com RegisterResearchers chasing long COVID cures are eager to learn whether the drug can offer similar benefits to millions suffering from pain, fatigue and brain fog months after a coronavirus infection. Younger, author of a scientific review of the drug as a novel anti-inflammatory, in September submitted a grant application to study LDN for long COVID. It worked so well that he ran a pilot study among 38 long COVID patients. He studied LDN in 18 long COVID patients, with 11 showing improvements, and said he believes larger, formal trials could determine whether LDN offers a true benefit.

☆ The Tucker Carlson origin story
▼ + stars: | 1998-01-28 | by ( Aaron Short | ) www.businessinsider.com time to read: +57 min

Tucker Carlson is remembered as a provocateur and gleeful contrarian by those who knew him in his early days. It was Tucker Carlson. (Note on style: Tucker Carlson and the members of his family are referred to here by their first names to avoid confusion.) In 1979, Richard Carlson married Patricia Swanson, heiress to the Swanson frozen foods empire that perfected the frozen Salisbury steak for hassle-free dinners. Tucker Carlson attended St. George’s School, a boarding school starting at age 14.

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