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CNN —Legendary singer Tony Bennett, best known for singing “I Left My Heart in San Francisco,” has died, according to his longtime publicist, Sylvia Weiner. From Tony Bennett Bennett was discovered by Bob Hope while performing at a New York City club in 1949. In 1963, his recording of "I Left My Heart in San Francisco" won Grammy Awards for record of the year and best solo vocal performance. ABC Photo Archives/Walt Disney Television/Getty Images Bennett and San Francisco Mayor Dianne Feinstein hang onto the outside of a San Francisco cable car before taking a test ride in 1984. His performance of “I Left My Heart in San Francisco” won Grammys for best record and best male vocal performance.
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Morning Bid: Tech politics, debt cap brinkmanship
  + stars: | 2023-05-22 | by ( ) www.reuters.com   time to read: +5 min
Well-choreographed brinkmanship over the debt ceiling standoff looks set to go down to the wire, while technology firms have once again become a battleground in tense geopolitics. As AI-fueled U.S. technology stocks have led the way this year, the S&P (.SPX) has gained almost 10% this year and hit its highest level in nine months on Friday. Minneapolis Fed chief Neel Kashkari said on Sunday he could support holding rates steady at the next meeting. Futures markets see more than an 80% chance of a June pause and still price almost 50bp of cuts by yearend. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Law firms Allen & Overy and Shearman & Sterling plan merger
  + stars: | 2023-05-21 | by ( ) www.reuters.com   time to read: +2 min
Allen Overy Shearman Sterling, which will be called A&O Shearman for short, "will be the only global firm with U.S. law, English law and local law capabilities in equal measure," the two firms said in a joint statement. They said the deal will give Allen & Overy greater access to the U.S. corporate client base of Shearman & Sterling, which in turn would benefit from A&O's global reach. The planned merger comes just months after Shearman & Sterling abandoned talks over a tie-up with transatlantic firm Hogan Lovells. Shearman & Sterling announced in February it was laying off attorneys and business professionals in the United States. Adam Hakki, senior partner at Shearman & Sterling, said "merging with Allen & Overy will dramatically accelerate our ability to meet (clients') needs in an increasingly complex environment."
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