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Increase in chronic absenteeism, 2019–23 By local child poverty rates By length of school closures By school district size By district racial makeup Source: Upshot analysis of data from Nat Malkus, American Enterprise Institute. Sara Miller, a counselor at South Anchorage High School for 20 years, now sees more absences from students across the socioeconomic spectrum. But after a visit from her school district, and starting therapy herself, she has settled into a new routine. Nationally, about 26 percent of students were considered chronically absent last school year, up from 15 percent before the pandemic. Kaylee Greenlee for The New York TimesThe Ypsilanti school district has tried a bit of everything, said the superintendent, Alena Zachery-Ross.
Persons: Nat Malkus, , Kaylee Greenlee, Katie Rosanbalm, , can’t, Adam Clark, Sara Miller, Miller, Ash Adams, Tracey Carson, Ashley Cooper, she’s, ’ ”, Cooper, Rosanbalm, Duke, Quintin Shepherd, The New York Times Quintin Shepherd, Shepherd, Michael A, Gottfried, , Nicholas Bloom, Lakisha Young, Charlene M, Russell, Tucker, Regina Murff, Sylvia Jarrus, Ann Arbor, Murff, Alena Zachery, Zachery Organizations: D.C, American Enterprise Institute, New York Times, The New York, Center of Child, Duke University, The New York Times, Missing, South Anchorage High School, University of Pennsylvania Graduate School of Education, Companies, Stanford University, Oakland Locations: Anchorage, Michigan, Washington, Victoria , Texas, Mt, Northern California, Hawaii, Mason , Ohio, Cincinnati, San Marcos , Texas, California, Connecticut, Ypsilanti, Mich, Ann, Ross
The Enlightenment philosopher Baruch Spinoza almost died for his ideals one day in 1672. Spinoza, a Sephardic Jew born in Amsterdam in 1632, was a passionate and outspoken defender of freedom, tolerance and moderation. Only one of his books, about the French philosopher Descartes, could be published under his own name during his lifetime. This is perhaps why new books about him are coming out all the time, including Jonathan Israel’s 2023 magnum opus “Spinoza, Life and Legacy” and even a best-selling French novel, “Le Problème Spinoza,” by Irvin Yalom. And all that for a philosopher who was denounced by Christians and Jews as the devil’s disciple long after his own time.
Persons: Baruch Spinoza, Spinoza, Johan de Witt, , rousers, hadn’t, Descartes, Thomas Hobbes, Gottfried Wilhelm Leibniz, demagoguery, Jonathan Israel’s, “ Le Problème Spinoza, Irvin Yalom, George Eliot, unreservedly Locations: Amsterdam, Dutch Republic, British
It was the first commemoration since the killer was convicted and sentenced to death after a long-stalled legal process. While the commemoration focused on the Pittsburgh attack, there were reminders of the ongoing war in the Middle East. But Israeli victims of the Hamas attacks were also on his mind. Will anything be done for them?”The commemoration comes as plans advance for the reconstruction of the Tree of Life synagogue complex, which has been dormant since the shootings. ___Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.
Persons: , Maggie Feinstein, Robert Bowers, Bowers, Eric Olshan, , Rabbi Jeffrey Myers, Myers, it’s, — Dor Hadash, Joyce Fienberg, Richard Gottfried, Rose Mallinger, Jerry Rabinowitz, David Rosenthal, Cecil Rosenthal, Bernice Simon, Sylvan Simon, Dan Stein, Melvin Wax, Irving Younger, Joyce Fienberg's, Howard Fienberg, I’ve, Daniel Libeskind Organizations: PITTSBURGH, Western, Western Pennsylvania U.S, Holocaust Center of Pittsburgh, Lilly Endowment Inc, AP Locations: Pittsburgh, Israel, United States, Maine, Schenley, Western Pennsylvania, Gaza, America
Jean EagleshamJean Eaglesham is a reporter covering insurance for The Wall Street Journal. She's based in London but covers the industry worldwide. Her articles cover all types of insurance: car, home, life, commercial and catastrophe coverage. Jean has previously reported for the Journal on accounting and on the Securities and Exchange Commission. Before joining the Journal, she worked for the Financial Times, including as chief political correspondent.
Persons: Jean Eaglesham Jean Eaglesham, Jean Organizations: Wall Street, Securities and Exchange Commission, Financial Locations: London
At the 92nd Street Y, New York, last month, a diverse bunch of dance teachers from around the country played a game called Slow Land/Fast Land. These teachers were all students of the Dance Education Laboratory, and the instructor leading the exercise was Jody Gottfried Arnhold. In dance education circles, her first name is enough. Arnhold’s class was in the newly renovated Buttenweiser Hall, now part of the 92nd Street Y’s Arnhold Center, a dance and performance complex to which she and her husband, John, donated $30 million. The woman who led Slow Land/Fast Land with the firm, kind manner of an exemplary children’s teacher is also chairman of the board of 92NY, as the organization is now also known.
Persons: Jody Gottfried Arnhold, Jody, John Organizations: Dance Education Laboratory, Buttenweiser Hall Locations: New York
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Persons: Dow Jones Organizations: nba
PinnedThe massacre of 11 worshipers at a Pittsburgh synagogue in 2018 is considered the deadliest antisemitic attack in U.S. history. “Finally, justice has been served,” said Leigh Stein, whose father, Dan Stein, was killed in the attack. Image Relatives of the victims of the Pittsburgh synagogue mass shooting spoke on Wednesday after jurors recommended that the gunman be sentenced to death. The defense called no witnesses in that part of the trial, as there was never any dispute that Mr. Bowers had carried out the attack. The police rushed to the synagogue and, after exchanging gunfire with Mr. Bowers, eventually cornered him in a classroom.
Persons: Robert Bowers, , , Leigh Stein, Dan Stein, Biden, ” Merrick, Garland, Robert Colville, Justin Merriman, Howard Fienberg, Joyce Fienberg, we’ve, ” Weeks, Bowers, Dor Hadash —, Cecil, David Rosenthal, Fienberg, Irving Younger, Sylvan Simon, Simon’s, Bernice, Rose Mallinger, Jerry Rabinowitz, Dor Hadash, Richard Gottfried, Stein, Melvin Wax, Judy Clarke, Satan, Ms, Clarke, ” Eric Olshan, “ It’s, that’s, Doris Dyen, Jon Moss Organizations: , Justice Department, The New York Times, Jewish Community Center of Greater, ., New, Prosecutors, Western, Western District of Locations: Pittsburgh, U.S, Jewish Community Center of Greater Pittsburgh, Western District, Western District of Pennsylvania
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/goldman-sachs-veteran-julian-salisbury-to-join-sixth-street-13656246
Persons: Dow Jones, sachs, julian Organizations: goldman Locations: salisbury
Blackstone Wins Private Equity’s Race to $1 Trillion
  + stars: | 2023-07-21 | by ( Miriam Gottfried | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/blackstone-bx-q2-earnings-report-2023-c3737cb5
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/blackstone-bx-q2-earnings-report-2023-c3737cb5
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/michael-milken-bond-king-felon-billionaire-philanthropist-3aa50cbc
Persons: Dow Jones, michael, milken, 3aa50cbc
Mr. Bowers was found guilty on 63 counts, including hate crimes that carry a maximum sentence of death. The central question facing jurors over the last two and a half weeks was whether Mr. Bowers intended to kill his victims — one of the factors necessary for a death sentence. “The issue in this case is, what happens when your brain is broken?” said Michael Burt, a defense attorney, in his closing argument. “What happens when you don’t have the ability to know what is truth and what is not truth?”thanks. Defense witnesses who had examined Mr. Bowers said he had schizophrenia and other serious mental disorders.
Persons: Dor Hadash —, Joyce Fienberg, Richard Gottfried, Rose Mallinger, Daniel Stein, Melvin Wax, Irving Younger, Jerry Rabinowitz, Bernice, Sylvan Simon, Cecil, David Rosenthal, Bowers, , Michael Burt
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/oaktree-capital-to-appoint-new-leadership-at-firm-d81cfbe7
Persons: Dow Jones
After all, what does it mean to obstruct religious practice? In David Bezmozgis’s 2004 short story “Minyan,” Itzik, an elderly immigrant in a building of elderly immigrants, dies. Itzik was a regular at the building’s in-house synagogue; he consistently helped make the minyan. “You want to know what will happen to Herschel?” Zalman replies. He deprived them of the opportunity to practice their religion — what’s more, he obstructed the religious practice of those who depended on the victims’ presence.
Persons: Bowers, , David Bezmozgis’s, , Itzik, Zalman, Herschel, , ” Zalman, Robert Bowers, Richard Gottfried, Daniel Stein — Organizations: Reconstructionist, Conservative, New
Carlyle Names John Redett as Chief Financial Officer
  + stars: | 2023-06-20 | by ( Miriam Gottfried | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/carlyle-names-john-redett-as-chief-financial-officer-f284dd02
Persons: Dow Jones, carlyle
KKR to Buy Circor International in $1.6 Billion Deal
  + stars: | 2023-06-05 | by ( Miriam Gottfried | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones Organizations: kkr, 39f1d4ec
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The bankruptcy filing, which could be made as soon as this weekend, will wipe out KKR’s investment. Photo: Alex FLynn/Bloomberg NewsEnvision Healthcare is planning to file for chapter 11 bankruptcy protection, according to people familiar with the matter, capping one of the biggest losses ever for the physician-staffing company’s backers at private-equity firm KKR . The bankruptcy filing, which could be made as soon as this weekend, will wipe out the investment of KKR, which took Envision private in a $5.5 billion buyout in 2018. Including debt, the deal was worth about $10 billion, making it one of KKR’s largest investments in the healthcare industry.
The billionaire founders of the legendary investment giant KKR & Co. are poised to pull off a rare feat: a drama-free handoff of the firm’s leadership to two younger partners. Now, the new leaders are trying to pull off a daunting feat of their own: complete the transformation of KKR from a buyout firm still sometimes known as the pirate protagonists of the 1989 book “Barbarians at the Gate” into a financial empire with big businesses in areas like credit and real estate. The co-CEOs have a plan to double earnings over the next five years.
Silicon Valley Bank executives went to Goldman Sachs Group Inc. in late February looking for advice: They needed to raise money but weren’t exactly sure how to do it. Soaring interest rates had taken a heavy toll on the bank. Deposits and the value of the bank’s bond portfolio had fallen sharply. Moody’s Investors Service was preparing for a downgrade. The bank had to reset its finances to avoid a funding squeeze that would badly dent profits.
Investors have purchased the debt of Silicon Valley Bank’s parent at distressed levels in hopes of profiting in a possible sale of assets. Creditors of Silicon Valley Bank’s parent company have formed a group in anticipation of a potential bankruptcy filing, through which they hope to profit from a sale of the collapsed firm’s private-wealth and other units, according to people familiar with the matter. The investor group, which is being advised by PJT Partners Inc., includes Centerbridge Partners LP, Davidson Kempner Capital Management LP and Pacific Investment Management Co., or Pimco, the people said. Most members bought parent SVB Financial Group ’s bonds coming into the weekend as they traded down to around 30 cents on the dollar, the people said. The group now holds a sizable chunk of SVB Financial’s $3.4 billion face value of bonds.
Thomas Lee at his New York office in 2019. Thomas H. Lee, who helped create the private-equity industry in the 1970s, struggled to capitalize on its explosive growth over the past two decades. The investor, who last month was found dead in his office from a self-inflicted gunshot wound to the head, came of age in the era of such buyout legends as KKR & Co.’s Henry Kravis and George Roberts , Blackstone Inc.’s Stephen Schwarzman and Apollo Global Management Inc.’s Leon Black .
Thomas Lee started doing leveraged buyouts in the 1970s, before the term had even been coined to describe such deals. The death of Thomas H. Lee sent shock waves Friday through Wall Street, where decades ago he helped create one of its biggest businesses. Mr. Lee, who started doing leveraged buyouts in the 1970s, before the term was coined and the tools to finance the deals had been invented, died Thursday, his colleagues and family said.
Pete Stavros and Nate Taylor have been serving as co-heads of KKR’s private-equity business in the Americas. KKR & Co. is promoting a pair of executives to a new role overseeing the firm’s $165 billion private-equity business in a push to improve coordination and communication across regions. Pete Stavros and Nate Taylor , who have been serving as co-heads of the firm’s private-equity business in the Americas, will become global co-heads, KKR executives said. In their new roles, they will add responsibility for the firm’s private-equity businesses in Europe and Asia.
Blackstone Inc. became one of the world’s most powerful financial firms by investing on behalf of large institutional investors. To boost growth, it decided to offer its products to individuals. Its new fund was a huge success, becoming the biggest Blackstone had ever raised. Then it became a crisis.
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