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Martin Gruenberg is still the leader of the Federal Deposit Insurance Corporation, an agency that supervises U.S. banks, but after a bipartisan grilling on Wednesday by members of a House committee overseeing bank regulators, he appeared to be hanging on by a thread. Democrats expressed dismay over his responses to the crisis at his agency, after a scathing report of a culture of widespread sexual harassment and discrimination. One congresswoman appeared to call for him to resign, as Republicans have been doing for months. “Personally, I do not have confidence that you can continue to lead in this role,” Representative Ayanna S. Pressley, Democrat of Massachusetts, told Mr. Gruenberg during an exchange. (Two other federal bank regulators, the acting comptroller of the currency, Michael Hsu, and the Federal Reserve vice chair, Michael Barr, also offered testimony on bank regulatory matters, but much of the committee’s focus was on the F.D.I.C.)
Persons: Martin Gruenberg, Ayanna S, Pressley, Gruenberg, , Michael Hsu, Michael Barr Organizations: Federal Deposit Insurance Corporation, Federal Reserve Locations: Massachusetts
Just days after the release of a scathing report detailing a culture of widespread sexual harassment and discrimination at the Federal Deposit Insurance Corporation, its chair, Martin Gruenberg submitted congressional testimony on Tuesday that indicated he had no plans to step down. “I accept the findings of the report and, as chairman, I take full responsibility,” he said. The hearings come as Mr. Gruenberg, a Democrat, faces calls from Republican lawmakers to resign. He has so far survived those demands with the backing of the White House and key Democratic lawmakers like Senator Sherrod Brown of Ohio, Senator Elizabeth Warren of Massachusetts and Representative Maxine Waters of California. Should Mr. Gruenberg be pressured to depart the agency after the hearings, that could also put into jeopardy a rule that the agency is proposing along with other federal bank regulators, to tighten and expand oversight of the nation’s largest lenders, but which has been fiercely opposed by big banks.
Persons: Martin Gruenberg, Gruenberg, , Sherrod Brown of, Elizabeth Warren of, Maxine Waters Organizations: Federal Deposit Insurance Corporation, Financial, Democrat, White, Elizabeth Warren of Massachusetts Locations: Sherrod Brown of Ohio, California
New York CNN —Martin Gruenberg, the chair of the Federal Deposit Insurance Corporation, is facing a barrage of calls from lawmakers to resign after a scathing 234-page report released Tuesday detailed pervasive sexual harassment, discrimination and bullying at the agency. If he heeds the calls, there could be significant ramifications for banks across the country. “We do recognize that, as a number of FDIC employees put it in talking about Chairman Gruenberg, culture ‘starts at the top,’” the report said. Gruenberg’s temperament “may hinder his ability to establish trust and confidence in leading meaningful culture change,” the report added. Aside from Democratic Rep. Bill Foster, Democrats have stopped short of calling on Gruenberg to resign.
Persons: New York CNN — Martin Gruenberg, Cleary Gottlieb Steen, Gruenberg, , , , ” That’s, CNN Gruenberg “, Joe Biden, Bill Foster, That’s, Travis Hill, Rulemaking, ” Dennis Kelleher, Hill, Cowen, Sen, Elizabeth Warren aren’t, Karine Jean, Pierre didn’t, Biden, Kelleher Organizations: New, New York CNN, Federal Deposit Insurance Corporation, Hamilton, FDIC, CNN, Democrat, Democratic Rep, Republican, Senate, Democratic, Better, Federal Reserve, White Locations: New York, Basel
The Federal Deposit Insurance Corporation, or FDIC, has a "patriarchal" culture, according to an independent report. The bank regulator took no action on dozens of harassment complaints and moved wrongdoers around. The report said the FDIC has dismissed myriad harassment complaints and that wrongdoers are moved around internally or promoted. AdvertisementThe independent investigators spent nine pages discussing FDIC chairman Martin Gruenberg's conduct. The FDIC did not immediately respond to a request for comment from Business Insider sent outside standard hours.
Persons: , Cleary Gottlieb Steen, Hamilton, Martin Gruenberg's, Gruenberg, Travis Hill, Karine Jean, Pierre didn't Organizations: Federal Deposit Insurance Corporation, Service, Wall Street Journal, FDIC, Democrat, Republican, White, Business Insider Locations: wrongdoers, Gruenberg
CNN —Russia carried out a “massive” missile attack on Ukrainian energy infrastructure overnight into Wednesday, according to local authorities, in the biggest aerial onslaught by Russian forces for weeks. Russia used 76 air attack weapons in the assault, including 55 missiles and 21 drones launched from Russia and Russian controlled areas, according to Ukrainian Air Force Commander Mykola Oleshchuk. Rescuers assess the ruins of a building, damaged by a Russian missile attack in Kyiv region, Ukraine on May 8, 2024. Handout/Ukrainian Emergency Service/APMoscow has stepped up efforts to paralyze Ukraine’s energy system in the past month, as Kyiv’s troops struggle to hold positions on key frontlines particularly in the east. The latest Russian attack hit three thermal power plants run by Ukraine’s biggest power company, DTEK.
Persons: Mykola Oleshchuk, Herman Halushchenko, ” Halushchenko, Maksym Kozytskyi, Volodymyr Zelensky, Organizations: CNN, Ukrainian Air Force, country’s Energy, Emergency, AP, Ukraine’s, Nazism Locations: Russia, Russian, Ukraine’s Poltava, Kirovohrad, Zaporizhzhia, Lviv, Ivano, Frankivsk, Vinnytsia, Kyiv, Kyiv region, Ukraine, Handout, AP Moscow, Avdiivka, Ukraine’s, Chervonohrad, Stryi
U.S. probe finds widespread sexual misconduct at FDIC
  + stars: | 2024-05-07 | by ( ) www.cnbc.com   time to read: +2 min
The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an independent report released on Tuesday that raises questions about the future of the banking regulator's leadership. The report, prompted by a Wall Street Journal investigation, cited accounts from more than 500 people, including some who alleged FDIC Chair Martin Gruenberg had engaged in bullying and verbal abuse. "For far too many employees and for far too long, the FDIC has failed to provide a workplace safe from sexual harassment, discrimination, and other interpersonal misconduct," said the report, adding that those accused of misconduct were frequently reassigned new roles. "Chair Gruenberg must accept responsibility and must immediately work to make fundamental changes to the agency and its culture." Some employees described Gruenberg as "harsh" and "aggressive", as well as prone to losing his temper, the report said.
Persons: Martin Gruenberg, Cleary Gottlieb, Gruenberg, Patrick McHenry, Sherrod Brown Organizations: Federal Deposit Insurance Corporation, Wall Street Journal, FDIC, WSJ, Democrat, Republican, Financial Services, Banking, Housing, Urban Affairs Committee
A report on workplace culture at the Federal Deposit Insurance Corporation released on Tuesday revealed a broad, yearslong pattern of sexual harassment, discrimination and abuse of mostly women and members of minority groups by senior officials. The findings are likely to lead to another potentially bruising round of questions for the agency’s chair, Martin Gruenberg, who is scheduled to testify in Congress later this month. It described “fiefdoms” in regional offices, where senior managers protected other longtime employees from potential consequences stemming from more junior employees’ claims of mistreatment. Examples of the behavior, including senior examiners texting junior women pictures of their genitalia or taking them to brothels, were first reported by The Wall Street Journal in November. Tuesday’s report was the result of an independent investigation by Cleary Gottlieb, which was hired by a special committee created by the agency’s board after The Journal’s report.
Persons: Martin Gruenberg, , , Cleary Gottlieb, , Tuesday’s Organizations: Federal Deposit Insurance Corporation, Wall Street
How the Senate Voted on Foreign Aid to Ukraine, Israel and TaiwanThe Senate on Tuesday passed the long-stalled $95.3 billion package of aid to Ukraine, Israel and Taiwan, along with legislation that could lead to a ban on TikTok, clearing the measure and sending it to President Biden for his signature. Total Bar chart of total votes Yes 0 0 0 0 Votes needed No 0 0 0 0 Note: Three senators did not vote. The measure includes $60.8 billion for Ukraine; $26.4 billion for Israel and humanitarian aid for civilians in conflict zones, including Gaza; and $8.1 billion for the Indo-Pacific region. It took Mr. Johnson two additional months to figure out a way to steer around his right flank and do so. The TikTok provision was included as part of an effort to sweeten the deal for conservatives.
Persons: Biden, Mike Johnson, Donald J, Trump, Johnson Organizations: Foreign Aid, Senate, Dem, Capitol, Republicans, Lawmakers Locations: Ukraine, Israel, Taiwan, Gaza, Iran, United States, Beijing
How the House Voted on Foreign Aid to Ukraine, Israel and TaiwanVotes on the Foreign Aid Bills Source: Office of the Clerk, U.S. House of RepresentativesThe House passed a long-stalled foreign aid package on Saturday that gives funding to Ukraine, Israel and Taiwan, with a majority of lawmakers backing money for American allies across the globe. A majority of Republicans voted against Ukraine aid on Saturday, in a reflection of the stiff resistance within the G.O.P. to continuing to aid Ukraine against President Vladimir V. Putin of Russia’s invasion. While all Democrats voted in favor of aid to Ukraine and all but Ms. Tlaib supported funding to Taiwan, 37 left-leaning Democrats defected to vote against the Israel aid bill. The opposition to the Israel aid represented a minority of Democrats, but reflected the deep resistance to unconditional aid and the divisions in the party on Gaza.
Persons: Mike Johnson, Kevin McCarthy’s, Mr, McCarthy, Vladimir V, Putin, Elise Stefanik, Rashida Tlaib, Bob Good, Good, , Tlaib, Jamie Raskin, Donald S, Beyer Jr, Earl Blumenauer of, John Garamendi of Organizations: Foreign Aid, Foreign, House, Senate, House Progressive Caucus, Fund, Caucus, Republican, Republicans, , Maryland, Democrats Locations: Ukraine, Israel, Taiwan, New York, Michigan, Virginia, Gaza, Earl Blumenauer of Oregon, John Garamendi of California, United States
"Mr Bates vs the Post Office" had a remarkable impact after airing in Britain and now comes to PBS. Jo Hamilton, who ran the Village Shop and Post Office in South Warnborough, Hampshire, was wrongly convicted of theft in the Post Office Horizon scandal. ITVThe program focused on Alan Bates, who along with his partner invested in a post office store in Wales in 1998. Why did the Post Office — which has been owned by the government since 2012 – continue to prosecute people when there were doubts about the software? Advertisement"Mr Bates vs the Post Office" is being broadcast on PBS weekly from Sunday April 7.
Persons: Mr Bates, , Rishi Sunak, Seema Misra, Peter Huxham, Martin Griffiths, Julian Wilson, Jo Hamilton, Adrian Dennis, Toby Jones, who's, Harry Potter, Alan Bates, Bates, wasn't, John Beer of, , Kevin Hollinrake, Gwyneth Hughes, Innocent, Paula Vennells, Vennells, it's, James Strong, we'd, Polly Hill Organizations: PBS, Service, ITV, of, Post, Japan's Fujitsu, Office, Getty, Journalists, Computer, BBC, Post Office, Guardian, Fujitsu, Financial Times, subpostmasters, Channel Locations: Britain, Ellesmere Port, Liverpool, South Warnborough, Hampshire, AFP, Wales, John Beer of Farnham, Surrey
“Kamilla Cardoso was not going to let us lose a game in the NCAA tournament,” South Carolina head coach Dawn Staley said. While the spotlight was on Clark, South Carolina just kept winning. Ben Solomon/NCAA Photos/Getty Images Clark, right, and Kate Martin walk off the court after losing to South Carolina. Kirby Lee/USA Today Sports/Reuters Kamilla Cardoso of the South Carolina Gamecocks and Saniya Rivers jump for the opening tipoff. Ben Solomon/NCAA Photos/Getty Images South Carolina's Te-Hina Paopao walks onto the court during player introductions ahead of the game.
Persons: Iowa’s Caitlin Clark, Clark, Tessa Johnson, Kamilla Cardoso, Cardoso, “ Kamilla Cardoso, Dawn Staley, Paopao, Chloe Kitts, Staley, she’s, ” Clark, , I’m, Lisa, Bluder, ” Staley, Caitlin Clark, Morry Gash, “ Awesome, it’s, , Raven Johnson, ” Raven Johnson, They’d, ” Tessa Johnson, Aaron Doster, Steph Chambers, Ben Solomon, Kate Martin, Gregory Shamus, Morgan Engel, Bree, Carolyn Kaster, Fulwiley, Iowa's Hannah Stuelke, Gabbie Marshall, Lisa Bluder, Marshall, Justin Tafoya, Carolina's Chloe Kitts, Reuters Staley, Jason Sudeikis, Ken Blaze, Reuters Clark, Kirby Lee, Ashlyn Watkins, Martin, Kylie Feuerbach, Watkins, Sydney Affolter, Carolina's Cardoso, Stuelke, Jason Miller, Al Bello, Paige Bueckers, Brady, Aaliyah Edwards, Edwards, Nika, KK Arnold, Arnold, Zoe Brooks, MiLaysia, Baldwin, Chloe Kitts of, Sania Feagin, C, Wes Moore, Katie Peneueta, Brooks, Rivers, Reuters Kamilla Cardoso, Saniya, UConn’s Paige Bueckers, LSU’s Angel Reese, JuJu Watkins, rebounder, Naismith, Entering’s Organizations: CNN, NCAA, Gamecocks, Iowa, LSU, WNBA, South, Mortgage, ESPN, Hawkeyes, South Carolina Gamecocks, Iowa Hawkeyes, Sunday, USA, Sports, Reuters, Getty, AP, Carolina, Sydney, The Iowa Hawkeyes, UConn Huskies, Huskies, UConn, Images Iowa, Images, Getty Images Iowa, NC State Wolfpack, North Carolina State, NC State, tipoff, South Carolina, Associated Press, Wade, Eight Locations: Iowa, South Carolina, Cleveland , Ohio, Clark , South Carolina, Reuters Iowa, Carolina, Cardoso of South Carolina, Stuelke, Martin, Cleveland, Chloe Kitts of South Carolina
Central Florida Tourism Oversight District board chairman Martin Garcia, right, delivers remarks as Florida Gov. Ron DeSantis listens during a news conference at CFTOD headquarters at Walt Disney World on Thursday, Feb. 22, 2024, in Lake Buena Vista, Florida. Disney agreed Wednesday to end litigation in state court involving a Florida special tourism district that the entertainment giant effectively controlled for more than five decades until last year after Gov. The lawsuit was originally filed in state court by the Central Florida Tourism Oversight District to void agreements the old district board had signed with Disney right before it was dissolved at DeSantis' behest after Disney opposed Florida's "Don't Say Gay" bill backed by the governor. Walt Disney World President Jeff Vahle, in a statement, said "We are pleased to put an end to all litigation pending in state court in Florida between Disney and the Central Florida Tourism Oversight District.
Persons: Martin Garcia, Ron DeSantis, Disney, Jeff Vahle, Vahle, DeSantis Organizations: Florida Gov, Walt Disney, Disney, Gov, Central, DeSantis, Republican Locations: Florida, Lake Buena Vista , Florida, Orlando, Central Florida
CNN —Martin Greenfield, a tailor who dressed six US presidents, countless A-list actors and professional athletes, died on March 20 at the age of 95, according to his sons Jay, Tod and David Greenfield. Dubbed by GQ and other media outlets as “America’s greatest living tailor,” Greenfield founded the longstanding menswear shop Martin Greenfield Clothiers in Brooklyn in 1977 after 30 years of working in a clothing factory. “God has a wonderful sense of humor.”In 1947, he immigrated to the US and changed his name to Martin Greenfield to sound more American. “In fact, virtually every suit he’s worn since February 2011 has been one of ours,” Greenfield wrote. Niko Tavernise/Warner Bros. EntertainmentAfter Greenfield retired, his sons Jay and Tod took over the family business, according to the Martin Greenfield Clothiers’ website.
Persons: CNN — Martin Greenfield, Jay, Tod, David Greenfield, ” Greenfield, Martin Greenfield Clothiers, Frank Sinatra, Martin Scorsese, Leonardo DiCaprio, LeBron James, Greenfield, , , Bazmark, Shutterstock Greenfield, Maximilian Grünfeld, — Greenfield, , Martin Greenfield, Eisenhower, Gerald Ford, Bill Clinton, Donald Trump, Joe Biden, Obama, Barack Obama, Evan Vucci, didn’t, “ Martin Greenfield, Martin, Sinatra, Denzel Washington, Joaquin Phoenix, Niko Tavernise Organizations: CNN, GQ, Warner Bros, Auschwitz Survivor, Big, White, Denzel, HBO, Entertainment Locations: Brooklyn, Pavlovo, Czechoslovakia, Ukraine, Auschwitz, Greenfield, Hollywood
Maps and Diagrams of the Moscow Concert Hall AttackThe shooting and arson attack that killed at least 133 people and wounded more than 140 in suburban Moscow on Friday night took place at Crocus City Hall, a popular concert venue with a capacity of more than 6,000. North Myakinino Metro Station Crocus City Hall concert venue PAvilion 1 PAvilion 2 PAvilion 3 Moscow Ring Road 500 feet North Myakinino Metro Station Crocus City Hall concert venue PAvilion 1 PAvilion 2 PAvilion 3 Moscow Ring Road 500 feet Satellite imagery from Google The New York TimesThe Islamic State claimed responsibility for the terrorist attack on Friday. Video footage from the scene shows assailants shooting outside the entrance to the concert hall, which is located in the building known as Pavilion 3. Several other videos show them shooting inside the concert amphitheater as well. Sotavision and Ostorozhno Novosti, via ReutersCrocus City Hall is located in Krasnogorsk, about 15 miles from central Moscow.
Organizations: Moscow, Crocus City, Crocus City Hall, The New York Times, Islamic State, New York Times, Ostorozhno Novosti, Reuters Crocus City Locations: Moscow, North Myakinino, Myakinino, Ostorozhno, Krasnogorsk
In his interview with CNN, Netanyahu made several claims about his country’s aid policy in Gaza. The Israeli leader’s claim contradicts statements he made previously, in which he boasted about permitting “minimal humanitarian aid” to enter Gaza. “We provide minimal humanitarian aid,” Netanyahu said at a press conference in January. The first 15 days of March saw an average of 165 aid trucks per day cross into Gaza, UNRWA reported Sunday. The UN and other aid groups have reported some of their aid trucks had been looted, but haven’t ascribed any blame for it.
Persons: Benjamin Netanyahu, CNN’s Dana Bash, Netanyahu, Israel, ” Netanyahu, , Yoav Gallant, , “ I’ve, Janti Soeripto, – we’ve, Martin Griffiths, Long, haven’t, Sameh Shoukry, Netanyahu lauds, Philippe Lazzarini, Israel hasn’t Organizations: CNN, Israeli, United Nations, European Union, Children, ” Trucks, UN, Food Programme, Palestine, UNRWA, Amnesty International, Aid, Palestinian, CNN Sunday, Israeli Defense Force Locations: Gaza, United States, Territories, Rafah, Israel, Egypt, Arish, airdrops
CNN —The Israeli military launched an operation on Monday against Gaza’s largest hospital facility, Al-Shifa, where thousands of people are sheltering. “Military vehicles are firing at the hospital buildings’ windows, and at anyone who is caught moving between the hallways,” Hamada Abdelhadi, a displaced Palestinian man seeking shelter at Al-Shifa, told CNN. One witness who lives in nearby Gaza City told CNN he had seen “a big invasion of tanks” headed toward Al-Shifa. And dead bodies and those injured were pulled away by Israeli forces,” he told CNN by phone. During the first round of fighting at Al-Shifa in November, Israel urged Gaza’s northern residents to head south to seek refuge.
Persons: , , Israel, ” Hamada Abdelhadi, Al Jazeera, Ismail Al, Abdelhadi, Abdullah Mohammed, ” Mohammed, Tedros Adhanom Ghebreyesus, Shifa, , Cindy McCain, Antonio Guterres, ” Guterres, Gazans, Benjamin Netanyahu’s, Martin Griffiths, Daniel Hagari, CNN’s Amir Tal, Mostafa Salem, Joshua Berlinger Organizations: CNN, Gaza’s, Israel Defense Forces, IDF, Health, Al, , World Health Organization, WHO, United, Food, UN, Israeli Locations: Al, Gaza, , Gaza City, Israel, United States, Rafah, United Nations
AFP/Getty ImagesMeanwhile, skirmishes continued in villages in Belgorod and Kursk regions after pro-Ukrainian groups of Russian fighters on Tuesday mounted a cross-border attack. Russia’s Defense Ministry said the “terrorist formations” had targeted the Belgorod villages of Nekhoteevka and Spodariushino. “The liberation of the Russian regions from the Kremlin terrorist regime continues in these minutes. Massive strikes are now being launched against Putin’s forces in the Belgorod and Kursk regions,” the statement said. While the extent of the skirmishes in border villages is not clear, drone strikes and shelling on Belgorod have increased markedly in the past week.
Persons: Vladimir Putin’s, , Russia Legion –, Russia –, , , Ukraine’s, Valerii Zaluzhnyi Organizations: CNN, Russia’s Defense Ministry, Wednesday, Getty, Russia Legion, Siberian Battalion, Russian Volunteer Corps, Kremlin, Putin’s, Russian Locations: Russia’s Belgorod, Ukrainian Russian, Belgorod, Kursk, Ukraine, Russia, Ryazan, Kstovo, Ukraine’s, AFP, Nekhoteevka, Tyotkino, ” Russia
ORLANDO, Fla. (AP) — The shakeup of Walt Disney World's governing district more than a year after it was taken over by Gov. Ron DeSantis' appointees continued Wednesday with the departure of its board chairman who had been highly critical of Disney. In an email, DeSantis' communications director, Bryan Griffin, thanked Garcia for “successfully navigating” the transition of the district from a governing body controlled by Disney supporters to the current iteration controlled by DeSantis appointees. As punishment for opposition to the law, DeSantis took over the district through legislation passed by the Republican-controlled Florida Legislature and appointed a new board of supervisors. Disney sued DeSantis and his appointees, claiming the company’s free speech rights were violated for speaking out against the legislation.
Persons: Walt Disney, Ron DeSantis, Martin Garcia's, Glen Gilzean, DeSantis, Martin didn't, Bryan Griffin, Garcia, , Garcia “, ” Griffin, Stephanie Kopelousos, Kopelousos, , Disney, Mike Schneider Organizations: Gov, Disney, Central, Republican, DeSantis, Florida Legislature, Straight Alliance Locations: ORLANDO, Fla, Central Florida, Orange County, Orlando, Florida
CNN —Controversial internet influencer Andrew Tate and his brother Tristan have been detained in Romania on Monday over UK sex offense charges, Romanian police said on Tuesday. Tate’s spokesperson Mateea Petrescu said in a statement Tuesday: “This bewildering revival of decade-old accusations has left the Tate brothers dismayed and deeply troubled. “They categorically reject all charges and express profound disappointment that such serious allegations are being resurrected without substantial new evidence,” Petrescu said. Tate and his brother spent three months in police custody in Bucharest last year and were then placed under house arrest pending a criminal investigation for alleged abuses committed against seven women, accusations they have denied. The two are awaiting trial in the country on separate charges of human trafficking, rape and forming a criminal group to sexually exploit women.
Persons: Andrew Tate, Tristan, Voluntari “, Mateea Petrescu, Tate, , ” Petrescu Organizations: CNN, Criminal Investigation Service, Bucharest Police Headquarters Locations: Romania, Great Britain, Bucharest, Ilfov
CNN —The bodies of five missing skiers were found in the Swiss Alps on Sunday evening, while rescuers are still searching for a sixth person, local police said on Monday. The family members were from the Valais canton, while the sixth person is from the canton of Fribourg. Police did not reveal the identities of the dead skiers, whose bodies were found in Tête Blanche on Sunday, Reuters reported. Search-and-rescue operations were launched on Saturday after the skiers went missing near the 3,706-meter-high (12,159 feet) Tête Blanche pass, en route to the village of Arolla. This call enabled him to be located in the Tête Blanche pass area, at an altitude of around 3,500 meters” (around 11,480 feet), police said.
Persons: Tête Blanche, Valais Cantonal Police Christian Varone, Valentin Flauraud, Blanche, Mont Organizations: CNN, Reuters, Police, Sunday, Valais Cantonal Police Christian, AP Police, , Cantonal Police, Rescue Organization, Swiss Air Force Locations: Swiss, Zermatt, Blanche, Valais, Fribourg, Tête, Sion , Switzerland, Arolla, Canton, OCVS, Chamonix, France, Mont Blanc, Switzerland
In 2020, Virginia Martin lived two and a half miles from her office. Ms. Martin, 37, used to live in Durham, N.C., and drove about 10 minutes to her job as a librarian at Duke. After the onset of remote work, Ms. Martin got her boss’s blessing to return to her hometown, Richmond, Va., in March 2022, so she could raise her two young children with help from family. As an ’80s-born “child of AIM,” Ms. Martin said of AOL instant messaging, it hadn’t been hard for her to maintain co-worker friendships online. Ms. Martin is part of today’s growing ZIP code shift: She is one of the millions of Americans who, thanks to remote and hybrid work, no longer lives close to where she works.
Persons: Virginia Martin, Martin, Ms, hadn’t Organizations: Duke, AIM, AOL Locations: Durham, N.C, Richmond, Va
AdvertisementUnlike other businesses, venture firms do not suddenly go out of business. Why it is so difficult to spot a dying fundOpenView Venture Partners announced in December it was suspending new investments and laying off staff. With the help of Pitchbook, BI looked through data for hundreds of venture firms. Hinge last raised a $19 million fund in 2021 but has not made an investment since November 2022, according to Pitchbook. Do you know of a venture firm no longer actively investing?
Persons: , VCs, Anna Barber, they'll, they're, Roy Bahat, Brian Brackeen, they're reallocating, Beezer Clarkson, Clarkson, Jake Saper, Bahat, Jordan Fudge, Zachary White, Carlos Adame, Fudge, We're, Paul Weinstein, Weinstein, Cofounders Ryan Swager, Brandon Zeuner, Louie, Alsop Louie Partners, Partners Gilman Louie, Stewart Alsop, Jason Preston, Partners Tyler Peterson, Mike Morgan, Robert Patterson, DEFTA, George Hara, Martin Gedalin, Kevin Ober, Hone, Ben Bergman Organizations: Service, Business, Bloomberg Beta, Lightship, Sapphire Partners, BI, Sapphire Ventures, Venture Partners, Foundry Group, Sinai Ventures, Sinai Capital Partners, Capital, San, Louie Partners, Partners, Ventures Peninsula Ventures, LinkedIn Locations: Los Angeles, San Francisco, San Mateo , California, Seattle, Alto, bbergman@insider.com
Unlike other businesses, venture firms do not suddenly go out of business. Limited partners such as pensions and endowments that fund venture firms have been choosier, cutting off capital to firms that have not generated acceptable returns. Why it is so difficult to spot a dying fundOpenView Venture Partners announced in December that it was suspending new investments and laying off staff. In a written statement, he later explained that Sinai Ventures has been rebranded to Sinai Capital Partners. Do you know of a venture firm no longer actively investing?
Persons: VCs, Anna Barber, they'll, they're, Roy Bahat, Brian Brackeen, Brackeen, they're reallocating, Beezer Clarkson, Clarkson, Jake Saper, Bahat, Jordan Fudge, Zachary White, Carlos Adame —, Fudge, We're, Paul Weinstein, Weinstein, Ryan Swager, Brandon Zeuner, Alsop Louie, Alsop Louie Partners, Gilman Louie, Stewart Alsop, Jason Preston, Tyler Peterson, Mike Morgan, Robert Patterson, DEFTA, George Hara, Martin Gedalin, Kevin Ober, Divergent's, Hone, Ben Bergman Organizations: Business, Bloomberg Beta, Lightship Capital, Sapphire Partners, BI, Venture Partners, Foundry Group, Sinai Ventures, Sinai Capital Partners, Capital, San, Alsop Louie Partners, Partners, Ventures Peninsula Ventures, LinkedIn Locations: Los Angeles, San Francisco, Alto , California, San Mateo , California, Lumia, Seattle, bbergman@insider.com
Results: The Most Detailed Maps of the South Carolina Republican PrimaryMap is colored by the candidate who leads in each precinct. No resultsPolls close in the South Carolina Republican primary at 7 p.m. Eastern time with first vote reports expected shortly after. This page will feature the most detailed results available from the primary, precinct-level votes. In the maps below, precincts are shaded according to each candidate’s vote share for former President Donald J. Trump and Nikki Haley, the former South Carolina governor. Income One precinct Precincts in … Lower income areas Empty chart, waiting for data Empty chart, waiting for dataHigher income areas Empty chart, waiting for data Empty chart, waiting for dataEducation Precincts in … Areas with fewer college graduates Empty chart, waiting for data Empty chart, waiting for dataAreas with more college graduates Empty chart, waiting for data Empty chart, waiting for dataPopulation density Precincts in … Rural areas Empty chart, waiting for data Empty chart, waiting for dataSuburban areas Empty chart, waiting for data Empty chart, waiting for dataUrban areas Empty chart, waiting for data Empty chart, waiting for dataStrong Biden areas in 2020 Empty chart, waiting for data Empty chart, waiting for data
Persons: Trump, Haley, Donald J, Nikki Haley, Haley Haley, , — Trump, Strong Organizations: South Carolina Republican, South, Trump, Trump Trump, — — Locations: South Carolina,
CNN —Israel will expand military operations in the southernmost Gazan city of Rafah if hostages held by Hamas are not returned by the start of Ramadan, war cabinet minister Benny Gantz has warned. Israel believes that 130 hostages remain in Gaza – 101 alive and 29 dead – following Hamas’ October 7 attacks, which killed around 1,200 people in Israel. The comments come amid stuttering talks aimed at securing the release of hostages and a longer-term ceasefire in Gaza. Egypt’s security buildup comes amid fears of the war spilling over into its territory should Israel begin its operation in Rafah. The Israeli military said it had credible evidence that Hamas had previously held hostages at the hospital, and that the bodies of deceased hostages may be at the medical complex.
Persons: CNN —, Benny Gantz, Ramadan, ” Gantz, , Israel, , Israel’s, Israel –, Benjamin Netanyahu, Khan Younis, Mohammed Salem, Martin Griffiths, Sameh Shoukry, ” Shoukry, Abed Rahim Khatib Organizations: CNN, Hamas, United Nations, Sunday, Sky News, Anadolu, Getty, Hospital Locations: CNN — Israel, Gazan, Rafah, Jerusalem, Gaza, Israel, , Nasser, Khan, United States, , Egypt
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