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☆ Andreessen Horowitz investor says half of Google's white-collar staff probably do 'no real work'
▼ + stars: | 2024-05-06 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

A general partner at Andreessen Horowitz is the latest to join the debate around "fake work" in Big Tech. David Ulevitch said "half the white-collar staff at Google probably does no real work." AdvertisementAn investor at famed Silicon Valley firm Andreessen Horowitz is the latest VC to get involved in the debate around "fake work" in the tech industry. Advertisement"I don't think it's crazy to believe that half the white-collar staff at Google probably does no real work," he said. Other VCs have also entered the debate around "fake work" and overstaffing within Big Tech in recent years.

Persons: Andreessen Horowitz, David Ulevitch, —, Emily Sundberg, Ulevitch, Marc Andreessen, Keith Rabois, Thomas Siebel, they've, overhiring Organizations: Google, Meta, Service, Cisco, Big Tech, Tech, PayPal Mafia, Facebook Locations: Big Tech, Silicon, America

☆ Gen Zers and millennials love Cartier watches, with a few differences
▼ + stars: | 2024-04-04 | by ( Amanda Krause | ) www.businessinsider.com time to read: +4 min

Millennials and members of Gen Z both love Cartier watches, but they prefer different styles. But online, fashion preferences have become more like a battle between millennials and members of Gen Z. Advertisement"There's a joke that millennials love the Cartier Panthère, and Gen Z loves Cartier Baignoires right now," Trang Trinh, a watch aficionado who runs the TikTok account Girls O'Clock, told Business Insider. Millennials vs. Gen Z: Cartier editionSo, why do millennials love the Panthère style? Panthère watches retail for prices between $3,300 and $134,000, and Baignoires cost between $6,900 and $102,000.

Persons: Millennials, Gen, Cartier, —, Gen Z, Sotheby's, Charlie Chaplin, Keith Richards, Pierce Brosnan, Trinh, It's Organizations: Service Locations: millennials

☆ Meet the Delta captain who spent a year's salary chartering an Airbus to take 112 friends on a retirement flight to Hawaii
▼ + stars: | 2024-03-17 | by ( Pete Syme | ) www.businessinsider.com time to read: +6 min

After 16 months of planning, Rosenkranz chartered the widebody jet from Delta to transport 112 friends and family. Rosenkranz told BI he got the idea in October 2022 because many of his coworkers' retirements were disrupted by the pandemic. Related storiesHe told BI it cost him "a good year's salary," but added: "You can't put a price on something that was that big. Rosenkranz told BI he was only the second pilot in nine years to receive the honor. Courtesy of Keith RosenkranzRosenkranz told BI how he writes back to readers who become inspired to join the military.

Persons: —, Keith Rosenkranz, that's, Rosenkranz, harter, ike, ake, orth, lew, ulf W, ade, ince Organizations: Service, Los Angeles International Airport, Delta Air Lines, LAX, Business, Airbus, Aviation, ust, ince Locations: Delta, ife

☆ Watch CNBC's full interview with Khosla Ventures' Keith Rabois
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Khosla Ventures' Keith RaboisKeith Rabois, Khosla Ventures Managing Director, joins 'Closing Bell Overtime' to talk the proposed TikTok ban, possible buyers for the app, AI and more.

Persons: Keith Rabois Keith Rabois Organizations: Khosla Ventures

☆ I have no interest in buying TikTok, says Khosla Ventures' Keith Rabois
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI have no interest in buying TikTok, says Khosla Ventures' Keith RaboisKeith Rabois, Khosla Ventures Managing Director, joins 'Closing Bell Overtime' to talk the proposed TikTok ban, possible buyers for the app and more.

Persons: Keith Rabois Keith Rabois Organizations: Khosla Ventures

Former Treasury Secretary Steven Mnuchin is building an investor group to acquire ByteDance's TikTok, as a bipartisan piece of legislation winding its way through Congress threatens its continued existence in the U.S. "It's a great business and I'm going to put together a group to buy TikTok." There's no way that the Chinese would ever let a U.S. company own something like this in China," Mnuchin said. Last week, Mnuchin's Liberty Strategic Capital was a lead investor in a $1 billion capital raise to stabilize New York Community Bancorp. That administration also took an antagonistic stance toward TikTok, which ultimately resulted in ByteDance striking a data partnership with Oracle .

Persons: Steven Mnuchin, ByteDance's, ByteDance, Mnuchin, CNBC's, Masa, Joe Biden, Peter Thiel, Vinod Khosla, Keith Rabois, TikTok, Shou Zi Chew, Wang Wenbin, Bobby Kotick, Donald Trump, Trump Organizations: U.S, Liberty Strategic Capital, Vision Fund, Senate, Lawmakers, China Foreign Ministry, Financial Times, Street, Activision, Community Bancorp, Oracle Locations: Liberty, ByteDance, U.S, China, TikTok, New

☆ TikTok ban: Tech VC Keith Rabois threatens Republicans with funding halt ahead of House vote
▼ + stars: | 2024-03-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

"Will never fund any Republican candidates or leadership PACs (or the NRSC) run by Republicans who vote against the TikTok legislation," venture capitalist Keith Rabois wrote on X. "Support for the TikTok bill is an IQ test" for members of Congress, Rabois wrote in an email to CNBC. In February, Rabois gave $500,000 to the Congressional Leadership Fund, a political action committee that backs House Republican candidates, according to a Federal Election Commission filing. A managing director at Khosla Ventures, Rabois gave just over $41,000 combined last year to the National Republican Senatorial Committee. Rabois said that whether or not he continues to support the NRCC will be partly tied to how Republican leadership handles the upcoming vote.

Persons: Keith Rabois, Will, ByteDance's, Rabois, Donald Trump, Elon Musk, Chuck Schumer, ByteDance, Mike Johnson, Steve Scalise, Tom Emmer, TikTok Organizations: Khosla Ventures, TechCrunch, San Francisco Design Center, Republicans, CNBC, Congressional, Fund, Republican, Tesla, Senate, Democrat, National Republican, Committee, National Republican Congressional Committee, CCP Locations: San Francisco , California, United States, China, American, La

☆ Founders Fund partner Sam Blond has left the firm
▼ + stars: | 2024-03-04 | by ( Melia Russell | ) www.businessinsider.com time to read: +3 min

Sam Blond has left Founders Fund after 17 months with the firm. Blond's departure from Founders Fund is the second in as many months after Keith Rabois left. AdvertisementSam Blond, the Founders Fund partner who brought sales expertise from his years at Brex and Zenefits, has left the firm, he announced on X. He's the second partner to depart Founders Fund this year after Keith Rabois made a return to Khosla Ventures in January. In 2022, Founders Fund took part in 84 rounds that totaled about $6.6 billion.

Persons: Sam Blond, he's, Keith Rabois, —, I've, Blond, Forbes, Rabois, Axios Organizations: Fund, Service, Founders Fund, Khosla Ventures, Brex, Institutional Locations: Brex

☆ Rolling Stones: Previously unseen photos to go on display in London
▼ + stars: | 2024-02-21 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

London CNN —Previously unseen photographs showing the Rolling Stones “at their decadent peak” are going on display at a London art gallery. Spanish Tony Media/Bayliss Rare Books“These recently rediscovered prints stand as one of the most important photographic records of The Rolling Stones to come to the market in years,” the statement reads. The show, titled “Elegantly Wasted,” will feature photos of the Stones “taken at their decadent peak,” according to the statement from Bayliss Rare Books and Spanish Tony Media. A contact sheet shows photographs taken at the Stones' legendary free concert in Hyde Park, London, in the summer of 1969. Spanish Tony Media/Bayliss Rare Books“Spanish Tony was a hard man.

Persons: “, Tony ” Sanchez, Mick Jagger, Brian Jones, Tony, Bayliss, “ Tony, ” Sanchez, ”, Oliver Bayliss, Keith Richards, Biff, ” Richards, Charlie Watts, Sydney Sweeney Organizations: London CNN, Tony Media, Swarkestone, Bayliss Locations: London, Derbyshire, England, British, Hyde Park , London, Canada, Houston, Santa Clara , California

☆ It seems some tech leaders are coming back to San Francisco
▼ + stars: | 2024-02-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Some tech leaders are returning to San Francisco, The Wall Street Journal reported. San Francisco's commercial real estate market is also getting a boost from the AI boom. AdvertisementIt seems like San Francisco is luring some tech bosses back after a pandemic-induced exodus. Now, he plans to spend one week a month in San Francisco and is renovating a house in the city, The Journal reported. Meanwhile, San Francisco has grappled with a homelessness problem and shifts in crime patterns.

Persons: —, San, Keith Rabois, cofounders Henrique Dubugras, Pedro Franceschi, Howie Liu, Rabois, Elon Musk, Sam Altman Organizations: Street Journal, Service, The, Meta, PayPal, California Globe Locations: San Francisco, Miami

☆ Trinidad and Tobago Cleans up Beaches Following 12-Kilometer Oil Spill
▼ + stars: | 2024-02-13 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

(Reuters) - First responders and volunteers from Trinidad and Tobago on Tuesday sought to contain an oil spill detected last week in the Caribbean country's waters and clean areas of Tobago island's coast already affected by the incident. Trinidad and Tobago's coast guard first spotted the spill on Feb. 7, about 6 kilometers off the coast of Studley Park, the chief secretary of Tobago's national assembly, Farley Augustine, said in a press conference on Sunday. "This is a national emergency here in Trinidad and Tobago," Prime Minister Keith Rowley said on Sunday, after saying that a vessel had capsized and made contact with a reef on the coastline, causing the spill. Reuters found at least three ships with similar names, and all their transponders were offline, LSEG vessel monitoring data showed. If the spill had happened further west, much of the oil could easily have gone to a key marine park.

Persons: Farley Augustine, Keith Rowley, Rowley, Augustine, Stuart Young, Marianna Parraga, Aurora Ellis Organizations: Reuters, Energy, BP Locations: Trinidad and Tobago, Caribbean, Tobago island's, Trinidad, Tobago's, Studley Park, Scarborough, Tobago

☆ Trinidad and Tobago declares ‘national emergency’ as oil spill from mystery vessel pollutes beaches
▼ + stars: | 2024-02-12 | by ( Abel Alvarado | Michael Rios | ) edition.cnn.com time to read: +3 min

CNN —An overturned vessel has caused a huge oil spill along Trinidad and Tobago’s coastline, in what the Caribbean country’s prime minister described as a “national emergency” on Sunday. The spill occurred on February 7 off the southern shores of the Tobago Island, according to the country’s Office of Disaster Preparedness and Management (ODPM). Prime Minister Keith Rowley said in a news conference Sunday that “the situation is not under control.” The origins of the vessel have not yet been identified, he added. An oil spill in Tobago Island, Trinidad and Tobago, is seen in this handout photo released February 10, 2024 Office of the Chief Secretary/ReutersWorkers clean up an oil spill on Rockly Bay beach in Scarborough, Trinidad and Tobago, on February 10, 2024. Akash Boodan/APThe oil spill, pictured on February 10, covered about 15 kilometers (about 9 miles) of the coastline in black residue.

Persons: Keith Rowley, ” Rowley, Farley Augustine, –, ” Augustine, Akash Boodan, Clement Williams, Lambeau, Augustine Organizations: CNN, Caribbean country’s, country’s, Disaster Preparedness, Management, ” Authorities, Assembly, Officials, Reuters Workers, Getty, Residents Locations: Trinidad, Tobago’s, Tobago, Tobago Island, Trinidad and Tobago, Scarborough, AFP

We can show you how to get Rolling Stones concert tickets for all the upcoming dates on the 2024 tour. Here's our breakdown of The Rolling Stones' Hackney Diamonds Tour schedule, purchasing details, and original and resale ticket prices. The Rolling Stones 2024 tour scheduleThe first concert date of the Hackney Diamonds Tour is April 28, 2024, with the final date scheduled for July 17, 2024. Ticket prices for The Rolling Stones' Hackney Diamonds tour vary depending on date and location. On StubHub, the cheapest concert ticket prices for the Stones' 2024 tour dates range from $69 in Los Angeles to $338 in New Orleans.

Persons: Mick Jagger, Keith Richards, Ronnie Wood, Jack Flash, We've, Santa Clara, Flash, Zac Brown, Ed Sheeran Organizations: Hackney Diamonds, Hackney, Ticketmaster, city's, Santa, Seattle Locations: North America, Houston , Texas, Santa Clara , California, United States, Canada, Houston, Orleans, LA, Glendale, AZ, Vegas, Seattle, WA, Rutherford, NJ, Orlando, Atlanta, Philadelphia, Cleveland, Denver, Chicago, Vancouver, BC, Angeles, CA, Santa Clara, Los Angeles, New Orleans, Germany

☆ Dolly Parton and Cher remind us it’s greater, later
▼ + stars: | 2023-12-02 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

Something to sip on…Dolly Parton In the film "Rhinestone" in 1984 and Cher in 1979 in Los Angeles, California. Getty ImagesDolly Parton and Cher are both making 77 years old look lovely. The same day Parton was on the football field, Cher performed her new Christmas single “DJ Play a Christmas Song” at the Macy’s Thanksgiving Day Parade. You should listen to…Sir Paul McCartney performing in 2017. Poet Paul Muldoon collaborated with Sir Paul McCartney on the bestselling book, “The Lyrics: 1965 to Present,” and their relationship is clear in the ease of their conversations on this podcast.

Persons: Lisa Respers, Dolly Parton, Cher, Parton, Diana Ross, Meryl Streep, Sigourney Weaver, Steve Martin, Samuel L, Jackson, Keith Richards, Ronnie Wood, Kevin Mazur, Giselle Knowles Carter, Beyoncé ”, – she’s, Bey, EGOT, Oscar, Tony, Sir Paul McCartney, “ McCartney, Paul Muldoon, McCartney, ”, … Catherine Tate, David Tennant, Who, ” Peope, Russell T Davies, it’s “ Organizations: CNN, Getty, Dallas Cowboys, ”, Disney Locations: Lisa Respers France, Los Angeles , California, London, England, Atlanta, AFP

During Art Basel Miami next month, St. Fleur said that he intended to visit the art fairs with former N.B.A. players like Deron Williams, Courtney Lee and Amar’e Stoudemire, and that he was arranging a private dinner for some of his athlete clients at a collector’s home on Star Island. There are other signs that the influence of athletes who collect art has been growing in recent years. He served on the board of advisers of the Hammer Museum in Los Angeles and now serves on the board of the Hirshhorn in Washington. “I wanted to think outside the box and give our players #athletes an opportunity to engage with ART done by African American Artists and respond to the cultural richness of these artists, as well as draw their own interpretation of the works.”

Persons: Kevin Love, Cindy Sherman, Cy Twombly, Ernie Barnes, Fleur, Deron Williams, Courtney Lee, Amar’e Stoudemire, Keith Rivers, Kerry James Marshall, Sonia Gomes, Thaddeus Mosley, Elliot Perry, “, ” Organizations: Miami Heat, Art Basel Miami, Star, Art Foundation, Hammer Museum, Hirshhorn, Memphis Grizzlies, American Artists Locations: New York, Manhattan, Los Angeles, Washington

NEW YORK (AP) — The head of Hachette Book Group, Michael Pietsch, is retiring as CEO and will be succeeded by Hachette UK CEO David Shelley. Pietsch, who has worked with authors ranging from Keith Richards to Donna Tartt, will serve as chairman of the U.S. publisher starting Jan. 1 of next year. “I’m proud of everything that all of us at Hachette Book Group have accomplished in the past decade, in close partnership with our authors — thriving, growing, and reinventing ourselves through complex and challenging times," Pietsch, 67, said in a statement Tuesday. Shelley, who will also remain as UK CEO, said in a statement that “Hachette Book Group publishes some of my favorite authors of all time and it’s hugely exciting to be able to get to know them and work on their books with the talented team in the U.S. I’d like to pay special tribute to Michael as he has been a key figure for me over the years.”Richard Kitson, deputy CEO of Hachette UK, will also take on the same role for Hachette Book Group. Along with publishing Richards' “Life,” Tartt's “The Goldfinch” and James Patterson's many blockbusters, Pietsch also was involved with a book Hachette didn't release.

Persons: Michael Pietsch, David Shelley, Pietsch, Keith Richards, Donna Tartt, “ I’m, Shelley, Michael, ” Richard Kitson, Brown, Richards, ”, James Patterson's, Woody Allen's, Ronan Farrow, Allen's, Allen, Dylan Farrow Organizations: Hachette Book, Hachette UK, Hachette, Hachette Livre, Little, Company, Workman Publishing, Hyperion Books, Skyhorse Publishing Locations: U.S

☆ Rolling Stones top UK charts with new album 'Hackney Diamonds'
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

[1/2] Member of the Rolling Stones Mick Jagger performs during a private record release party of their new album "Hackney Diamonds" in New York City, U.S., October 19, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsLONDON, Oct 27 (Reuters) - The Rolling Stones topped the British music charts on Friday, securing their 14th UK No. 1 album with new record “Hackney Diamonds”. 1 on the UK’s Official Albums Chart, it added. "Hackney Diamonds", the Stones' first album of original material since 2005 and the first recording since drummer Charlie Watts died in 2021, also topped the Official Vinyl Albums Chart.

Persons: Mick Jagger, Shannon Stapleton, Keith Richards, Ronnie Wood, Robbie Williams, Bruce Springsteen, Charlie Watts, Paul McCartney, Elton John, Stevie Wonder, Lady Gaga, Bill Wyman, Steve Jordan, Jagger, Richards, Wood, guirtarist, Tom DeLonge, Kenya Grace, Marie, Louise Gumuchian, David Gregorio Our Organizations: REUTERS, Hackney, Company, Kenya, Thomson Locations: New York City, U.S, Australia, Germany, London , New York, Los Angeles, Nassau

☆ Mick Jagger makes surprise slapstick cameo on ‘SNL’ alongside host Bad Bunny
▼ + stars: | 2023-10-22 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

Rolling Stones frontman Mick Jagger made two surprise cameos on the new episode of “Saturday Night Live,” hosted by musician Bad Bunny. In the first sketch, Jagger crashed the set of a Spanish-language soap opera, playing the father of a character who was involved in a bitter on-screen fight. Bad Bunny starred in the sketch alongside and “SNL” cast member Marcello Hernández. Jagger’s appearance on Saturday comes after the Rolling Stones released “Hackney Diamonds” on Friday, their first new album since 2005. The Rolling Stones, including members Jagger, Keith Richards and Ronnie Wood, also performed a surprise album release party Friday night in New York City.

Persons: Mick Jagger, ”, Bad Bunny, Jagger, Marcello Hernández, Hernández, didn’t, Punkie Johnson, they’ll, Keith Richards, Ronnie Wood, Lady Gaga, Gaga Organizations: CNN, SNL Locations: New York, Spanish, New York City

NEW YORK (AP) — Those miracles of modern science, the Rolling Stones, celebrated the release of their first album of original music in 18 years with a Manhattan club gig on Thursday. Mick Jagger alluded to past stunts the Stones had done in New York to tout new music over the years, including performing on a flatbed truck on Fifth Avenue. “Hackney Diamonds,” coming at a time many fans wondered if the Rolling Stones would ever bother again with new music, has been well received by critics, with many noting the crisp energy the band displayed. This time, the bar band was the Rolling Stones. Lady Gaga, dressed in a maroon sequined pantsuit, appeared to recreate her duet — duel, really — with Jagger on the new “Sweet Sounds of Heaven.”“New York, the Rolling Stones!” she said before leaving, after exchanging kisses with Jagger and Richards.

Persons: Christie Brinkley, Elvis Costello, Trevor Noah, Mick Jagger, ” Jagger, “ There's, Charlie Watts, Jagger, Keith Richards, Ron Wood, They're, “, Questlove, Jagger pranced, Richards, Jumpin, Jack Flash, ”, Lady Gaga Organizations: Racket Locations: Manhattan, New York, Manhattan's Meatpacking, ” “ New York

☆ Rolling Stones Kick off Album Launch in New York With Guest Lady Gaga
▼ + stars: | 2023-10-20 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

By David GaffenNEW YORK (Reuters) - It was a gas, gas, gas in a club on Manhattan's West Side late on Thursday, where the Rolling Stones held a private launch party for their first new album in 18 years. The Stones closed with an appearance by Lady Gaga for "Sweet Sounds of Heaven," a slow, blues-infused number off the new album that recalls the band's 70s classic "Moonlight Mile." Gaga and Jagger mimicked each other's dance movies as they alternated vocals, Gaga in a shimmering red-and-black one-sleeved jumpsuit, Jagger wearing a customarily tight black shirt. The latter has been a member of the band for nearly 50 years despite joining in 1975, 13 years after the Stones were formed. The album closes with the song "Rolling Stone Blues," a Muddy Waters song that was the origin of the band's name.

Persons: David Gaffen, Mick Jagger, Jumpin, Jack Flash, Lady Gaga, Gaga, Jagger, Charlie Watts, Keith Richards, Ron Wood, Stevie Wonder, Paul McCartney, Elton John, Bill Wyman, Watts, Lincoln Organizations: Racket, Stone Locations: York, New York

☆ Rolling Stones kick off album launch in New York with guest Lady Gaga
▼ + stars: | 2023-10-20 | by ( David Gaffen | Thomson Reuters | David Gaffen Has Been With Reuters Since As Of He Serves As The Breaking News Editor For Companies News | ) www.reuters.com time to read: +2 min

[1/4] The members of the Rolling Stones Mick Jagger, Keith Richards and Ronnie Wood perform during a private record release party of their new album "Hackney Diamonds" in New York City, U.S., October 19, 2023. REUTERS/Shannon Stapleton Acquire Licensing RightsNEW YORK, Oct 20 (Reuters) - It was a gas, gas, gas in a club on Manhattan's West Side late on Thursday, where the Rolling Stones held a private launch party for their first new album in 18 years. The Stones closed with an appearance by Lady Gaga for "Sweet Sounds of Heaven," a slow, blues-infused number off the new album that recalls the band's 70s classic "Moonlight Mile." Gaga and Jagger mimicked each other's dance movies as they alternated vocals, Gaga in a shimmering red-and-black one-sleeved jumpsuit, Jagger wearing a customarily tight black shirt. The album closes with the song "Rolling Stone Blues," a Muddy Waters song that was the origin of the band's name.

Persons: Mick Jagger, Keith Richards, Ronnie Wood, Shannon Stapleton, Jumpin, Jack Flash, Lady Gaga, Gaga, Jagger, Charlie Watts, Ron Wood, Stevie Wonder, Paul McCartney, Elton John, Bill Wyman, Watts, David Gaffen, Lincoln Organizations: REUTERS, Racket, Stone, Thomson Locations: New York City, U.S, York, New York

☆ Barcelona get ready to rock with Rolling Stones logo on shirt for Clasico
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +2 min

Music streaming service Spotify have sponsored Barcelona since the 2021/22 season, and the club have previously had campaigns featuring Drake and Spanish singer Rosalia, but now rock fans can finally get some satisfaction. "FC Barcelona and Spotify have done it again. "The Tongue and Lips logo of The Rolling Stones (Mick Jagger, Keith Richards and Ronnie Wood) will replace the Spotify logo on the legendary FC Barcelona kit." The Rolling Stones' latest album, Hackney Diamonds, is released on Friday, and the jersey will be available to buy from Oct. 23. "We're big football fans and we're honoured that Spotify has put our Tongue & Lips logo on the FC Barcelona jersey to celebrate the release of the Stones' new album 'Hackney Diamonds'," the Rolling Stones said.

Persons: Ronnie Wood, Mick Jagger, Keith Richards, Drake, Rosalia, Barca's, we're, Trevor Stynes, Toby Davis Organizations: FC Barcelona, Clasico, Real Madrid, Spotify, Barca, El Clasico, Hackney Diamonds, Sevilla, Thomson Locations: Catalan, Barcelona, Spanish

☆ At WTO, growing disregard for trade rules shows world is fragmenting
▼ + stars: | 2023-10-02 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +5 min

A logo is seen at the World Trade Organization (WTO) headquarters before a news conference in Geneva, Switzerland, October 5, 2022. Those depositing cases include China, Dominican Republic, India, Indonesia, Morocco, Pakistan, South Korea and the United States. The result is a growing disregard for global trading rules among WTO members. Countries have taken advantage of exceptions to WTO rules, such as for national security used by the United States to limit metal imports and some Gulf states to restrict trade with Qatar. Beijing has restricted exports of critical minerals, while Washington has sought to prevent Chinese access to U.S. technology, with national security trumping global trading rules.

Persons: Denis Balibouse, ”, Alan Wolff, Donald Trump, Keith Rockwell, Biden, Ngozi Okonjo, Philip Blenkinsop, Emma Farge, Christina Fincher Organizations: World Trade Organization, REUTERS, WTO, Reuters, Reuters Graphics, European Union, Foundation, Washington, Thomson Locations: Geneva, Switzerland, China, Dominican Republic, India, Indonesia, Morocco, Pakistan, South Korea, United States, Ukraine, North America, Washington, Qatar, Beijing, U.S, Lake Geneva, Indian

Mick Jagger was supposed to be singing “Start Me Up” in stadiums across the U.S. this year. The buzz in the music business was that a tour was booked. Instead, the Rolling Stones in April made an inside joke via social media: a 1972 photograph of a debauched Keith Richards next to a sign that reads: “Patience Please… A Drug Free America Comes First!”

Persons: Mick Jagger, Keith Richards Organizations: America Locations: U.S

☆ NextEra workers roll the dice with big bet on company stock
▼ + stars: | 2023-09-21 | by ( Tim Mclaughlin | ) www.reuters.com time to read: +8 min

America’s largest renewable power company is among several U.S. energy and utility companies, including Exxon and Southern Company, that continue to promote big, concentrated bets on company stock in worker retirement plans. Nearly 50% of the investments in NextEra’s employee-funded 401(k) retirement plan are in company stock, the highest among all 30 companies in the S&P 500 Utilities Sector (.SPLRCU). NextEra declined to comment on its use of company stock in employee 401(k) plans. "If we saw a concentration of more than 20% in a single company stock, we would definitely tell them it's a big risk." `Keith Rasmussen, a retired geologist, said he still feels the financial repercussions of holding big bets on company stock in his retirement plans.

Persons: Robert Knoche, Yoon, NextEra, ”, Alicia Munnell, Kristin McKenna, McKenna, Ryan Frazier, Keith Rasmussen, jolt, Rasmussen, “, ” Rasmussen, Richard Valdmanis, Anna Driver Organizations: REUTERS, Exxon, Southern Company, Corporate America, Enron, Utilities, Vanguard Group, Center for Retirement Research, Boston College, Employees, Silicon Valley Bank, Darrow Wealth Management, SEC, Corporations, U.S . Securities, Exchange Commission, Southern Co, Dominion Energy Inc, Dominion, Chesapeake Energy Corp, Thomson Locations: Douglas County , Kansas, U.S, Silicon, Boston, Atlanta , Georgia

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