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Plenty of companies are reining in their rhetoric and in some cases action on issues such as sustainability and diversity. Over the past decade, many corporations have at least professed to take a more active role in social issues, under pressure from their customers and, more importantly, employees. After last year's Bud Light debacle, which was a real blow to its business, executives fear they'll be the next target of some anti-woke outcry. For the fourth quarter of 2020, 131 companies mentioned ESG, and 34 mentioned DEI or diversity and inclusion. This may be a great un-wokening, but maybe corporate America was actually never that committed to the idea in the first place.
Persons: Paul Polman, It's, Naomi Wheeless, Eventbrite, Donald Trump, Larry Fink, George Floyd's, ESG, Andrew Jones, there's, Bud Light, influencer Dylan Mulvaney, haven't, Philip Mirvis, Bud, they'll, they'd, Jones, it's, Fink, FactSet, — we're, wasn't, Alison Taylor, University's, we've, Roe, Wade, Taylor, isn't, Dylan Mulvaney, Bud Light's, Kenneth Pucker, Emily Stewart Organizations: Unilever, Unilever wasn't, Unilever isn't, Companies, Business, Sporting Goods, Conference Board's ESG, Morningstar, Babson, AIG, Amazon, ExxonMobil, University's Stern School of Business, Anheuser, Busch, Fletcher School, Tufts University Locations: Plenty, America, ESG, New, Charlottesville
A hiker discovered the 400-year-old remains of a wealthy man on a glacier in the Swiss Alps. © Valais History Museum, Sion; Michel MartinezAll these items dated to around 1600 AD. Archaeologists uncover mule bones on the Theodul glacier in Switzerland, near Zermatt. © Valais History Museum, Sion; Michel MartinezHe wasn't a soldier-for-hire after all, a 2015 paper concluded. Andenmatten steps out of a freezer where artifacts are stored in the basement of the Valais History Museum archives.
Persons: Michel Martinez, They're, Pierre, Yves Nicod, Nicod, Ambroise Héritier, Morgan McFall, Johnsen, Sophie Providoli, It's, you've, haven't, Philippe Curdy, Romain Andenmatten, Spain's, Emilio Morenatti, Paul HANNY, Ötzi, Andenmatten Organizations: Service, . Business, Business, AP, Johnsen Archaeologists Locations: Swiss, Switzerland, Italy, Valais, Sion, du Valais, Zermatt, Germany, Aosta, Russia, Vilanova, Sau, Catalonia, Spain, Florida, Austria
Read previewLuxury was on full display during the Miami Grand Prix, especially at the Hard Rock Beach Club, where an order of wings cost nearly $200. The racetrack spans 3.7 miles and is set up around Hard Rock Stadium. Hard Rock International announced its Hard Rock Beach Club in March, writing in a press release that the day club experience overlooked the racetrack and included star-studded performances. AdvertisementScreenshot from the Hard Rock Beach Club website. Qian Jun/MB Media/Getty ImagesRepresentatives for Hard Rock did not immediately respond to a request for comment from Business Insider.
Persons: , Elon Musk, Jeff Bezos, Ryan Ellis, Ellis, Armand de Brignac, Qian Jun, Adam Minter Organizations: Service, Miami Grand Prix, Beach Club, Miami International, Hard, Business, Beach, Rock International, Beach Club Nascar, nascar, Heineken, Miami, Prix, Getty, Motorsports, NASCAR, Europe, Blackbook Motorsport, Bloomberg Locations: SoFlo, Maine, United States
The judge overseeing a landmark U.S. antitrust challenge to Google tried to poke holes in both sides’ cases during closing arguments Thursday, as he weighs a ruling that could reshape the technology industry. Judge Amit P. Mehta was presiding over the first day of closing arguments in the most consequential tech antitrust case since the U.S. government sued Microsoft in the late 1990s. The Justice Department has sued Google, accusing it of illegally shoring up a monopoly in online search. On Thursday, Judge Mehta questioned the government’s argument that Google’s dominance had hurt the quality of the experience for searching for information online. “Certainly I don’t think the average person would say, ‘Google and Amazon are the same thing,’” Judge Mehta said.
Persons: Judge Amit P, Mehta, Judge Mehta Organizations: Google, Microsoft, The
With many companies maintaining the "efficiency" mindset, and hiring for tech jobs remaining low, according to the iCIMS Insights April 2024 Workforce Report, innovation is at risk. Madan says companies tend to act based on fear of missing out, but this behavior can stall technological innovation. This process can be messy, which is why experts say any conversation centered around efficiency must also include innovation. Digital transformation is a core pillar of business strategy for 84% of technology and business leaders, according to the TEKsystems report. On the innovation front, he added, "The best organizations are the ones that synthesize human input with AI collaboration."
Persons: It's, Mark Zuckerberg, Ricardo Madan, they've, Zuckerberg, Madan, Chris Duffey, Duffey, Duffy Organizations: Meta, IBM, Tech, Adobe, Google, Bureau of Labor Statistics Locations: Menlo Park, Meta, California, TEKsystems, U.S
Mr. Biden will almost assuredly make jokes at Mr. Trump’s expense and poke fun at the Washington press corps. But Mr. Biden could also take a victory lap for a spate of good news in recent days. On Thursday, Mr. Biden promoted a $6.1 billion grant to a chip manufacturer that he said would bolster the nation’s supply of semiconductors, contributing to what he has labeled “the great American comeback story.”And on Friday, Mr. Biden made a surprise visit to “The Howard Stern Show,” hosted by America’s best-known shock jock. The president spoke at length about deeply personal events, showing an emotionally vulnerable side to Mr. Stern’s large audience of middle-class Americans. And, in a notable shift, he said he would debate Mr. Trump.
Persons: Joseph R, Biden, — cranking, Donald J, Trump, Mr, Howard Stern, , America’s Organizations: Republican, Trump, White, , Mr, Washington Locations: Washington, North America’s, Ukraine, Israel, Taiwan, New York
Former U.S. President Donald Trump sits in the courtroom at Manhattan criminal court in New York on April 26, 2024. Defense attorneys for former President Donald Trump continued the cross-examination Friday of former National Enquirer publisher David Pecker, who has given three days of damning testimony for the prosecution in Trump's New York criminal hush money trial. Pecker's cross-examination began Thursday afternoon, when attorneys for Trump started a line of questions designed to poke holes in Pecker's credibility. The effort drew objections from prosecutors late Thursday afternoon, which New York Judge Juan Merchan said would be dealt with on Friday. Entering the courtroom Friday morning, Trump said he thought things went "very well" in the trial on Thursday.
Persons: Donald Trump, David Pecker, Pecker's, Trump, Juan Merchan Organizations: U.S, National Enquirer, New York Locations: Manhattan, New York, Trump's New York
And that's seen by the dot plot and their own inability to predict when interest rate cuts are going to happen." Related storiesWhen the yield curve is inverted, meaning short-term rates are above longer-term ones, a barbell strategy in bonds means betting on long- and short-duration bonds. And that barbell is kind of what investing in the yield curve looks like today", Huffman said. But if interest rates fall, you will be forced to reinvest in a lower interest rate environment. Avoid the 10-year or 30-year duration bonds because they will face a negative yield curve role, which could reduce their total return potential, she added.
Persons: Taylor Huffman, Huffman, it's Organizations: PT Asset Management, Business, Management's, Bond, Securities
Opinion | Joe Biden and the Israel-Gaza War
  + stars: | 2024-04-24 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “How Joe Biden Lost His Way in Gaza,” by Nicholas Kristof (column, April 21):The masterful, balanced and well-reasoned column by Mr. Kristof, written not in anger but in deep sorrow, should serve as a warning to President Biden. In standing by Israel’s atrocious conduct of the war and letting Prime Minister Benjamin Netanyahu poke a finger in America’s eye, Mr. Biden not only cedes his moral standing but also risks destroying the unity of the Democratic Party; the possibility of a turbulent convention; and the loss of Michigan and the election to Donald Trump. One only hopes that he adopts a course that reduces the chance of any of these outcomes. Masood HaiderPrinceton Junction, N.J.To the Editor:The war started by Hamas is a test of whether a civilized world will accept Hamas’s barbaric tactics — including its atrocities on Oct. 7 and hiding its terrorists, arms and Israeli captives among and beneath a dense civilian population.
Persons: Joe Biden, Nicholas Kristof, Mr, Kristof, Biden, Benjamin Netanyahu, Donald Trump, Masood Haider Organizations: Democratic Party, Hamas Locations: Gaza, , Michigan, N.J
Voyager 1’s flight data system collects information from the spacecraft’s science instruments and bundles it with engineering data that reflects its current health status. But since November, Voyager 1’s flight data system had been stuck in a loop. By investigating the readout, the team determined the cause of the issue: 3% of the flight data system’s memory is corrupted. Members of the Voyager flight team celebrate after receiving the first coherent data from Voyager 1 in five months at NASA's Jet Propulsion Laboratory on April 20. And younger engineers are coming onto the Voyager team and contributing their knowledge to keep the mission going.”
Persons: they’ve, , Linda Spilker, , Suzanne Dodd, “ We’ve, we’ve Organizations: CNN, NASA, Voyager, JPL, Network, Jet Propulsion Laboratory, Caltech
The cost of a proposed NASA mission to gather rocks on Mars and return them to Earth is spiraling upward and slipping further into the future. So on Monday, space agency officials asked for ideas on simplifying the mission and trimming its price tag. “The bottom line is that $11 billion is too expensive,” Bill Nelson, the NASA administrator, said during a news conference on Monday. “And not returning samples until 2040 is unacceptably too long.”The mission, known as Mars Sample Return, is central to the search for signs that life may have existed on the red planet. NASA had hoped that Mars Sample Return would cost $5 billion to $7 billion, and that the rocks would arrive on Earth in 2033.
Persons: Bill Nelson Organizations: NASA
In a 2005 interview, Mark Zuckerberg said he came up with the idea while drunk. But when a young Mark Zuckerberg over-imbibed, he invented the "poke," the Facebook feature that is both the most creative thing Facebook has done — and one of the creepiest. The poke was one of the earliest features of Facebook, which Zuckerberg launched in college in 2004 as The Facebook. Here's how he describes the poke feature:AdvertisementThere's this feature called poking where you just go to someone's profile and you can poke the person. It also made it easier to find the page where all your pokes live (try searching "pokes" on Facebook).
Persons: Mark Zuckerberg, , we've, Zuckerberg, David Pogue, You've, improbably Organizations: Facebook, Service, CBS, Meta
Morgan Stanley raised its price target on Ford after the company reassessed its electric vehicle strategy. That "paints path to ~$230-$290 stock price as we argue AMZN could warrant an even higher multiple in this scenario," he added. — Michelle Fox 7:38 a.m.: Evercore hikes Disney price target, points out near-term catalysts Walt Disney has a bright near-term outlook, according to Evercore ISI. In addition to cutting his price target, Harned also pulled down his outlook for free cash flow and deliveries. — Alex Harring 5:48 a.m.: KeyBanc raises Nvidia price target There's no slowing down Nvidia , according to KeyBanc.
Persons: Morgan Stanley, KeyBanc, Brian Nowak, Jon Tower, — Michelle Fox, Walt Disney, Vijay Jayant's, Jayant, Bob Iger, — Lisa Kailai Han, David Palmer, Palmer, Uber, — Alex Harring, Bernstein, Douglas Harned, Harned, Dave Calhoun, Alex Harring, Anthony Chukumba, Chukumba, selloff, Ross Seymore, Seymore, TD Cowen, Doug Anmuth, Anmuth, there's, John Blackledge, Blackledge, Jason Bazinet, Bazinet, There's, Goldman, Goldman Sachs, Kate McShane, McShane, BJ, Mark Strouse, Strouse, Adam Jonas, Jonas, Ford, John Vinh, Vinh, Fred Imbert Organizations: CNBC, Monday's, Ford, Nvidia, Amazon, Citi Citi, Grill, ISI, Disney, India's Reliance Industries, Reliance Industries, Netflix, Hulu, Boeing, Dow Jones, Capital, Loop Capital, Deutsche Bank, Broadcom, VMWare, JPMorgan, Citi, BJ's Wholesale, GE, GE Vernova Locations: Michigan, Alaska, F1Q, California, The Massachusetts, Friday's, China
The Death MarchThat surrender site in Balanga doesn’t mark the beginning of the Bataan Death March. “It looked like they were really trying to kill us all.”White markers along a highway on the Bataan Peninsula show the route from the 1942 Bataan Death March. A boxcar used during the infamous 1942 Bataan Death March, displayed at the Capas National Shrine in Tarlac Province, north of Manila. All but Meyer also survived the Bataan Death March. A relief depicts the 1942 Bataan Death March on the Death March Memorial in Capas, Philippines.
Persons: Philippines CNN —, Edward P, King, Franklin Roosevelt, Douglas MacArthur, Edward King, , , , Matoo Nakayama, Masaharu Homma, Camp O'Donnell, AP Survivor James Bollich, ” Bollich, Brad Lendon, Tillman R, Rutledge, O’Donnell, defecated …, , Manuel Abrazado, Emilio Aquino, Romeo Gacad, MacArthur’s, Robert Overbeck, Calvin Graef, Avery Wilber, Donald Meyer, Anton Cichy, Meyer, Overbeck, They’d, Charles, ” Overbeck, Arisan Organizations: Philippines CNN, Museum, Balanga Elementary, Bataan, Bettmann, US Army, US Navy, Gen, Army, AP Survivor, Air Force News Service, CNN, US Clark Air Base, Kyodo, Heritage Command, US Defense, Agency, Disabled, Getty, Mount, 14th Air Force, former Flying Tigers Locations: Philippines, Philippine, Bataan, American, Corregidor, Bataan As, Harbor, Hawaii, Luzon, Manila, Gen, Marileves, Mariveles, Capas, San Fernando, Tarlac Province, , O’Donnell, ., Balanga, Tarlac province, AFP, Japan, China, Bashi, Taiwan, South China, Kunming, Asia, Washington, North Africa, Geneva, Arisan Maru
Judith Godrèche did not set out to relaunch the #MeToo movement in France’s movie industry. She came back to Paris from Los Angeles in 2022 to work on “Icon of French Cinema,” a TV series she wrote, directed and starred in — a satirical poke at her acting career that also recounts how, at the age of 14, she entered into an abusive relationship with a film director 25 years older. Then, a week after the show aired, in late December, a viewer’s message alerted her to a 2011 documentary that she says made her throw up and start shaking as if she were “naked in the snow.”There was the same film director, admitting that their relationship had been a “transgression” but arguing that “making films is a kind of cover” for forms of “illicit traffic.”She went to the police unit specialized in crimes against children — its waiting room was filled with toys and a giant teddy bear, she recalls — to file a report for rape of a minor.
Persons: Judith Godrèche, Organizations: French Locations: Paris, Los Angeles
AdvertisementMy baby boomer mom raised me to dread getting on the scale, to fear every pound I gained. "I've gained weight," she'd say. "I can't wear that until I've lost a few pounds," she'd say. Instead, I'll say, "I am not feeling as strong today." We discuss the concepts of power and strength, like when we weighed Sofia for her new car seat.
Persons: , Nicole Chapman, Sofia, I'd, I'm, She'd, I've, she'd, Chapman, Twiggy Organizations: Service, Business Locations: Sofia
“I get a $25 champagne and four plastic flutes,” he recalled, “and I said to the students: ‘All right. You are not going to get out of James Carville’s class unless you know how to properly open a bottle of champagne.’“I said: ‘Here’s what you’re going to do. You don’t pop it like you see in the movies or you’re going to poke somebody’s eye out. Now you’re going to take a dishcloth, and you’re going to execute the classic counterclockwise movement. The bottle is going to go one way; the cork is going to go the other way.
Persons: James Carville, , , James Carville’s, ’ “, Organizations: Louisiana State University
When Gwyneth Paltrow and Chris Martin named their separation a "conscious uncoupling" 10 years ago, I was in Costa Rica on a writing retreat. What the heck is a "conscious uncoupling"? Within one day, conscious uncoupling was listed in an online dictionary as "redefining divorce in the 21st century." Katherine Woodward Thomas, the founder of Conscious Uncoupling Laura ReochYet Mark and I were determined to protect our daughter and resolved to not put her in the middle. Katherine Woodward Thomas, a licensed marriage and family therapist, is the New York Times bestselling author of "Conscious Uncoupling: 5 Steps to Living Happily Even After."
Persons: Gwyneth Paltrow, Chris Martin, she'd, Gwyneth, uncoupling, I'd, Mark, Katherine Woodward Thomas, Laura Reoch, That's Organizations: Hollywood, Disney, New York Times Locations: Costa Rica, goop, Star, Venice, Italy
This story is available exclusively to Business Insider subscribers. But first: Social media is making a comeback. I'm not alone: Sharing on social media has tapered off, Business Insider reported back in 2023, but consuming content hasn't. Now social media platforms — Facebook, Instagram, TikTok, and others — are clamoring to get users to stay just a little while longer. It's clear social media isn't giving up without a fight — and right now, it seems we're OK with that.
Persons: , Instagram, Tyler Le, edu, Mark Zuckerberg, I'm, Gen Z, Kate Middleton, BBC Studios Kate, Princess, Wales, she's, Read, Andrew Caballero, Reynold, Jenny Chang, Rodriguez Sam Altman, OpenAI, Altman, Pete Ballmer, Abanti Chowdhury, Steve Ballmer's, Pete, didn't, Kristen Wiig's, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Dispatch Social, Facebook, BBC Studios, Aurora, Getty, Biosciences, Hulu, Netflix Locations: Finland's, Utsjoki, Lapland, New York
In today's big story, we're looking at why the economy has most consumers feeling like they are stuck in place . A "trapped in place" economy is in full swing. Bad buying conditions coupled with everyday high prices means consumers can't make any major life changes , writes Business Insider's Emily Stewart. But it's not the only area of the economy that's stuck, Emily writes. So, while consumers lament being stuck in place, they should also avoid getting stuck looking to the past.
Persons: , Rebecca Zisser, Emily Stewart, it's, Emily, gunning, It's, Jerome Powell's, Tyler Le, Steve Mnuchin, Brian Moynihan, Instagram, Jensen Huang, Chelsea Jia Feng, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Business, Tech, Federal, Wall Street, Investors, Blackstone, JPMorgan, MLB, Bank of America, mojo, Nvidia, Astera Labs, NASDAQ Locations: It's, Chelsea, New York, London
Meta says Pokes surged after it quietly resurfaced the Poke button. Technically, the Poke never fully left, it was just hidden deep, deep, deep within a bunch of settings that you'd need a pith helmet and satellite phone to reach. (Or you'd need to type "Poke" into the Facebook search bar or somehow know the Poke page's exact URL). Meta said it made a design tweak at the start of 2024 that made the Poke button slightly more visible. The Poke is a perfect low-effort way to connect with a Facebook friend you haven't seen in a while.
Persons: Meta, , Z, Facebook Meta Meta, millennials, Poke, haven't Organizations: Service, Facebook Meta, Facebook
In Search of Spring
  + stars: | 2024-03-16 | by ( Melissa Kirsch | ) www.nytimes.com   time to read: +2 min
When does spring begin? For some, it’s the second Sunday in March, when we turn our clocks forward by an hour in the United States. It’s only a three-hour flight from La Guardia (rainy, cold) to West Palm Beach (sunny, 81 degrees, slight breeze), and from there an hour’s drive to Clover Park in Port St. Lucie, the spring training home of the New York Mets. Here in Port St. Lucie on a Tuesday afternoon, weeks before the season’s official start, cheery fans were decked out in team merch, drinking Modelo Especial tallboys and snacking on peanuts, reeling off stats, heckling the players. Here, spring was already happening.
Persons: they’ve, Lucie Organizations: Hemisphere, La Guardia, Palm, Clover, New York Mets, Yankees, Yorker, Modelo Especial Locations: United States, La, Port St, New York
Instead, the company utilizes flight tests to gather crucial data and make improvements before the next vehicle rolls out for liftoff. Defying gravityThe SpaceX Starship spacecraft lifts off from the Starbase in Boca Chica, Texas, on Thursday. Chandan Khanna/AFP/Getty ImagesStarship’s eventful third test flight achieved multiple milestones before ending prematurely and likely breaking apart. The spacecraft was expected to splash down in the Indian Ocean at the end of its hourlong flight, but SpaceX lost Starship’s signal shortly after the vehicle reentered Earth’s atmosphere. However, the third flight of Starship flew longer and higher than either of the previous tests.
Persons: Chandan Khanna, axolotls, Stephen Dalton, , Randal Voss, Jiji Press, James Webb, , Ashley Strickland, Katie Hunt Organizations: CNN, NASA, SpaceX, Getty, Starship, University of Kentucky College of Medicine, NASA’s, Golden Records, Clipper, Japan Monkey, Jiji, Gorillas, James Webb Space Telescope, CNN Space, Science Locations: South Texas, Texas, Boca Chica , Texas, Turkey, Xochimilco, Inuyama, United States, Columbia , South Carolina, Panama, , Scarborough , England
NASA engineers may have found a clever trick to bring Voyager 1 back from the brink. The probe, showing its age, has been sending back garbled data since November. Engineers sent a "poke" to the ancient probe and received a surprising response. Undeterred, NASA engineers have been working to rescue the data. A "poke" sent to Voyager 1's internal systems on March 3 may have brought it back from the brink, NASA announced on Wednesday.
Persons: Organizations: Engineers, Service, NASA, Business
A new signal recently received from the spacecraft suggests that the NASA mission team may be making progress in its quest to understand what Voyager 1 is experiencing. Voyager 1’s flight data system collects information from the spacecraft’s science instruments and bundles it with engineering data that reflects the current health status of Voyager 1. But since November, Voyager 1’s flight data system has been stuck in a loop. On March 3, the team noticed that activity from one part of the flight data system stood out from the rest of the garbled data. The decoded signal included a readout of the entire flight data system’s memory, according to an update NASA shared.
Persons: , Suzanne Dodd Organizations: CNN — Engineers, NASA, Voyager, Network, CNN
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