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☆ What the pro-Palestinian protesters on college campuses actually want
▼ + stars: | 2024-04-26 | by ( Matt Egan | Ramishah Maruf | ) edition.cnn.com time to read: +8 min

“We are not going anywhere until our demands are met,” Khymani James, a student at Columbia University, said during a news briefing Wednesday. Student demonstrators occupy the pro-Palestinian "Gaza Solidarity Encampment" on the West Lawn of Columbia University on April 24, 2024 in New York City. The Columbia protesters are also calling for the university to “disclose and sever all ties” with the New York Police Department. For example, Columbia protesters want the university to sever ties with the school’s center in Tel Aviv and a dual degree program with Tel Aviv University. New York University protesters use the school’s Tel Aviv center as a rallying cry as well.

Persons: ” Khymani James, Michael M, “, Mike Johnson, Charlie Eaton, ”, It’s, Mark Yudof, it’s, ” Yudof, Yudof, he’s, Jonathan Macey, Macey, ” Lauren Post, don’t, Cary Krosinsky, Lockheed Martin, Basil Rodriguez, Rodriguez, ” Rodriguez, John Towfighi Organizations: New, New York CNN — College, Hamas, Universities, Columbia University, Student, Lawn of Columbia University, Getty, University of Southern, ”, Princeton University, Ivy League, Columbia University Apartheid, Columbia, New York Police Department, Students, Tel Aviv University . New York University, Republican, University of California, “ Bankers, Yale Law School, Defamation League, Post, ADL, Yudof, BDS, Universities don’t, Yale, Lockheed, Raytheon, CNN Locations: New York, America, Israel, Gaza, Palestinian, New York City, University of Southern California, Harlem, Columbia, Tel Aviv, South Africa, Merced, Ivory, Iran, Russia

☆ Photographer Kate T. Parker’s new book lets these cool kids shine
▼ + stars: | 2024-03-16 | by ( Photos | Text Essay Kate T. Parker | ) edition.cnn.com time to read: +8 min

Perhaps the thing I find most inspiring about these kids is their commitment to inclusivity and diversity and simply being nice to each other. And no, the irony of a nonspeaking autistic encouraging you to use your voice is not lost on me. Kate T. Parker“My twin brother wrestled, and I asked my dad if I could do it too,” CG said. Kate T. ParkerSunny wants trans kids in the future not to have to fight like her. Kate T. ParkerJai is part of Brown Girls Do Ballet, which increases representation of underrepresented populations in ballet.

Persons: ”, Zoe, Lindsey, Elizabeth, Kate T, Parker “, “, ” Zoe, ” Sunny, Parker Sunny, I’d, it’s, ” Mistura, ” Elizabeth, Parker Elizabeth, ” Jai, Jai, Parker Jai, ” Regan, Regan, Parker Regan, Emerson, ” Lindsey, Parker, Donald Trump, Biden, Parker Sydney, It’s, There’s Organizations: CNN, “ Force, US Department of, Brown, Ballet Locations: Texas, Nigeria, Sydney

☆ U.S. Makes Initial Offers in Medicare Drug Price Negotiations
▼ + stars: | 2024-02-01 | by ( Noah Weiland | More About Noah Weiland | ) www.nytimes.com time to read: +2 min

Why It Matters: The price offers kick off negotiations. The initial round of price offers is a key step in the negotiation process. The price negotiation program was created by the Inflation Reduction Act, the climate, tax and health care package that President Biden signed into law in 2022. Additional medications will be chosen for price negotiations in the coming years. A federal judge in Delaware heard arguments on Wednesday in a case brought by AstraZeneca, the maker of a diabetes drug that was selected for price negotiations.

Persons: ”, Andrew W, Mulcahy, Biden, Mr, drugmakers Organizations: Biden, RAND Corporation, Medicare, U.S . Chamber, Commerce, AstraZeneca Locations: Delaware

☆ Opinion | I’ve Been Under Bombardment. There Must Be a Cease-Fire in Gaza.
▼ + stars: | 2023-10-30 | by ( Megan K. Stack | ) www.nytimes.com time to read: +8 min

I’ve watched U.S. warplanes attack Afghanistan; barely escaped a direct strike from a Russian MiG in Georgia, and lived for weeks under relentless Israeli bombardment in Lebanon. Israel has so far killed more than 8,000 people, the Gaza Health Ministry said, more than 40 percent of them children. But having spent time under bombardment, and having reported in Gaza, I have no time for these explanations. If we are to believe the Israeli political and military leadership’s own words — and I think we should — the assault on Gaza was driven, first, by straightforward vengeance. We could find out with a cease-fire, but they say we can’t ask for a cease-fire.

Persons: I’ve, keening, Biden, Benjamin Netanyahu, Israel, “, Maj, Ghassan, ”, Ron Derner, Yoav Gallant, You’re Organizations: U.S, Gaza Health Ministry, Hamas, Israeli Defense Forces, ”, Israel Locations: Afghanistan, Russian, Georgia, Lebanon, Gaza, Israel, United States, America, Jerusalem

☆ As more offices go back to normal, companies face a choice: Maintain a compassionate workplace or risk losing employees
▼ + stars: | 2023-10-28 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Organizations that maintain a culture of empathy can see higher engagement and profits. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "The ways that you are supported during hard times makes a big difference in how you feel able to be included and thriving at work," Manning said. To maintain that practice, Manning said, managers need to be trained in having conversations about tough times.

Persons: —, Alayna, Almén, wouldn't, Katharine Manning, who's, Manning, Molly Lipson Organizations: Service, Gallup, Bureau of Labor Statistics, Society, Human Resource Management

By Ian ParmeterIn hindsight, the drivers of Hamas’s startlingly well-planned, land-sea-air attack on Israel on Saturday were in plain sight. The operation reflects a pattern of four wars and regular outbreaks of violence between Israel and Hamas militants in Gaza since 2005, when Israel withdrew its military posts and forcibly removed 9,000 Israeli settlers from the territory. Each time Hamas has launched rockets at Israel or engaged in similar provocations, it has drawn heavy retaliation from Israel in the form of major bombings on the Gaza Strip. Hamas does not recognize Israel, but has said it would observe a truce if Israel withdrew to its 1967 borders. The significance of a Palestinian entity being able to surprise Israel in the same way would not be lost on Hamas.

Persons: Ian Parmeter, Hamas’s, Israel, Benjamin Netanyahu, Den, Mahmoud Abbas, Den ”, Itamar Ben, Ariel Sharon, Jordan, Abraham, Netanyahu, Joe Biden Organizations: Saturday, West Bank, “ Lions, Palestinian Authority, Lions, Hamas, United Arab, Israel, ’, Gaza, Research, Islamic Studies, Australian National University Locations: Israel, Gaza, Al, Aqsa, Islam, United Arab Emirates, Bahrain, Sudan, Morocco, Saudi Arabia, Egypt, Syria, Lebanon, Israel’s, Iran, Tehran

TOKYO (AP) — Asian shares mostly rose in cautious trading Friday after Wall Street drifted to a quiet close on worries about a too-hot U.S. job market. A comprehensive report on the overall U.S. job market is due Friday, and economists expect it to show hiring slowed to a pace of 163,000 jobs added in September from 187,000 in August. Political Cartoons View All 1202 ImagesInvestors worry that too strong a U.S. job market could add to upward pressure on inflation. That’s why the Fed has raised its main interest rate to the highest level since 2001, to intentionally slow the job market. Stocks have struggled since the summer under the weight of soaring Treasury yields in the bond market, which undercut stock prices and crimp corporate profits.

Persons: Australia's, Seng, ”, Anderson Alves, acquiesce, Rubeela Farooqi, Lamb Weston, Brent Organizations: TOKYO, Nikkei, China, Dow Jones, Nasdaq, Stocks, Federal Reserve, Automotive, Treasury, U.S Locations: Hong, China, Hong Kong, U.S, ActivTrades, Clorox

TOKYO (AP) — Global shares mostly rose Friday in cautious trading ahead of an update on the U.S. jobs market. U.S. futures and oil prices were little changed. “The sentiment of unease prevails as the market awaits the release of the U.S. employment report later today,” said Anderson Alves at ActivTrades. Market attention also remains on oil prices, which have fluctuated recently and will have major effects on how central banks act on interest rates. On Thursday, Wall Street drifted to a quiet close on worries over inflation and interest rates.

Persons: Germany's DAX, Australia's, Seng, ”, Anderson Alves, Stocks, acquiesce, Brent Organizations: TOKYO, — Global, CAC, Dow, Nikkei, China, Investors, Federal, Dow Jones, Nasdaq, Federal Reserve, U.S Locations: Tokyo, China, Hong, Hong Kong, U.S, ActivTrades

☆ These are the battle lines for the House GOP's chaotic future
▼ + stars: | 2023-10-05 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

House Republicans are offering competing demands for whoever wants to be the next speaker. AP Photo/Carolyn KasterBefore this week, no House speaker had ever been removed by the so-called "motion to vacate." His successor and House Republicans as a whole must now determine its future. Republicans vote amongst themselves — likely next week — behind closed doors for who should be the next speaker. Traditionally, Republicans would then vote for this candidate in the public vote on the House floor.

Persons: Kevin McCarthy's, Steve Scalise, Jim Jordan, —, Matt Gaetz, it's, Jim Jordan —, Carolyn Kaster, McCarthy, Carlos Giménez, Mitch McConnell, Jordan, Anna Paulina Luna, Florida, Jack Smith's, Donald Trump, Hunter Biden, Joe Biden, Trump, Marjorie Taylor Greene, he'd, Biden Organizations: GOP, Service, —, AP, House Republicans, Main Street Caucus, Republican Main Street Caucus, Ukraine, NBC News, Republicans, Democratic, Justice, Union, Reuters, queasy, Trump Locations: acquiesce, Florida, Ukraine, Marjorie Taylor Greene of Georgia

Finger’s only child was a son, Fred Finger, who was gay and died in 1992 at age 43 of AIDS complications. But Nobleman discovered Fred Finger had a daughter, Athena Finger. But she said it led to questions from students, meaning Nobleman and students might discuss sexuality without parents being warned. The mere mention of the word “gay” didn't merit claims made online by critics that Nobleman was “ grooming or sexualizing children," he said, and it ignored that some Sharon Elementary students have gay parents. “I couldn't imagine coming from a family with gay members and reading that apology just for saying the word ‘gay.’”

Persons: — Marc Tyler, Batman, Rather, “, ”, haven’t, Cathryn Oakley, Oakley, ‘ Romeo, Juliet, ’, “ Bill, Bill Finger, Finger, Bob Kane, Finger’s, Fred Finger, Athena, “ It's, Kane, Sharon, Jennifer Caracciolo, Caracciolo, ” Caracciolo, blindsided, Fred Finger's, Sharon Elementary, Brian Nelson, Nobleman's, Forsyth, Cindy Martin, Martin, Mr, ” Matt Maguire, ” Maguire Organizations: ATLANTA, Movement Advancement, Human Rights, Washington , D.C, DC Comics, DC, Mama Bears, U.S . Department of Education, Sharon Locations: Atlanta's Forsyth, ”, Georgia, New Jersey, Indiana, Forsyth, Washington ,, Forsyth County, ” Forsyth County

☆ Government shutdown would leave the Fed flying blind
▼ + stars: | 2023-09-18 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Washington, DC CNN —In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing data, including key figures on inflation and unemployment. A lack of crucial government data would make it difficult for investors and the Federal Reserve to interpret the US economy. “By the time the Fed discovered its mistake, the effects of excessive monetary tightening could be difficult to reverse,” she said. It’s unclear whether the Fed would hold rates steady in the absence of government data or how it would navigate a government shutdown when deliberating monetary policy. The effects of a government shutdown also depend on how long it lasts, which also isn’t clear at this point.

Persons: Kevin McCarthy, acquiesce, Greg Daco, ”, Agron Nicaj, Price, Julia Pollak Organizations: DC CNN, of Labor Statistics, Federal Reserve, BLS, Republicans, “, MUFG, Labor, Survey, ZipRecruiter, Fed Locations: Washington, EY, United States, —

☆ Vivek Ramaswamy says Mike Pence missed a 'historic opportunity' on January 6, by failing to push through election reforms before certifying the 2020 presidential vote
▼ + stars: | 2023-08-27 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Vivek Ramaswamy argued that Mike Pence missed a "historic opportunity" on January 6, 2021. Ramaswamy said on NBC's "Meet the Press," that Pence should have sought major election reforms. I think that there was a historic opportunity that he missed, to reunite this country in that window," he said. I think that was a missed opportunity." Pence was pressured by Trump to overturn now-President Joe Biden's 2020 victory, but the then-vice president rejected the attempts.

Persons: Vivek Ramaswamy, Mike Pence, Ramaswamy, Pence, —, Trump —, David James, Trump, Joe Biden's, president's, acquiesce Organizations: Press, Service, Senate, Capitol, Trump Locations: Wall, Silicon, America

That estimate from Michigan-based Anderson Economic Group (AEG) includes UPS customer losses of $4 billion and lost direct wages of more than $1 billion. A 15-day UPS strike in 1997 disrupted the supply of goods, cost the world's biggest parcel delivery firm $850 million and sent some customers to rivals like FedEx (FDX.N). Roughly 340,000 union-represented UPS workers handle about a quarter of U.S. parcel deliveries and serve virtually every city and town in the nation. A strike could delay millions of daily deliveries, including Amazon.com (AMZN.O) orders, electronic components and lifesaving prescription drugs, shipping experts warned. In fiscal 2019, GM's fourth-quarter profit took a $3.6 billion hit from a 40-day UAW strike that shut down its profitable U.S. operations.

Persons: Patrick Anderson, Anderson, GM's, Bruce Chan, Chan, Lisa Baertlein, Priyamvada, Pooja Desai, Jonathan Oatis, David Gregorio Our Organizations: United Parcel Service, Anderson Economic Group, AEG, UPS, FedEx, stoke, International Brotherhood of Teamsters, Teamsters, Consumers, UAW, Teamster, Thomson Locations: U.S, Michigan, Los Angeles, Bengaluru

☆ The market isn't buying the Fed's tough talk on interest rates
▼ + stars: | 2023-06-15 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Try as the Federal Reserve did Wednesday to send the message that multiple interest rate hikes are ahead, the market wasn't buying it. Indeed, market pricing reflected a high level of skepticism that the Fed is going to do much more in terms of policy tightening. That came even though 12 of the 18 FOMC members said they envision rate hikes totaling 50 basis points, or 0.5 percentage point, by the end of 2023. "Fed Funds Futures aren't buying to [Wednesday's] FOMC SEP guidance of 2 more rate hikes this year," wrote Nicholas Colas, co-founder of DataTrek Research. Powell's news conference after the decision to skip a rate hike at this week's meeting went in multiple directions.

Persons: Quincy Krosby, Jerome, Powell, Nicholas Colas, Goldman Sachs, David Mericle, that's, Matthew Luzzetti, Christopher Waller, James Bullard Organizations: Federal Reserve, Fed, LPL, Dow Jones Industrial, DataTrek, Empire, Manufacturing Survey, Deutsche Bank, Louis Locations: St

☆ Ukraine's 'Iron General' is facing off against his 4th Russian war commander. Here's why the others lost their jobs.
▼ + stars: | 2023-05-28 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

The Russian general, however, does not appear to be living up to those expectations. Alexander DvornikovWhen Russia first launched its full-scale invasion of Ukraine in late-February 2022, it relied on district commanders rather than overall commander of the war effort. Sergey SurovikinIn early October, Putin appointed Army Gen. Sergey Surovikin, nicknamed "General Armageddon," to be the overall theater commander. "Putin likely viewed Surovikin as the last untarnished high-ranking commander in Ukraine he could appoint to overall theater command," the think tank said. As 2023 rolled around, and Russian forces continued to suffer heavy losses in eastern Ukraine, Putin seemingly gave in to Gerasimov's campaigning.

☆ J&J’s sweetened talc settlement still unsettling
▼ + stars: | 2023-04-04 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

NEW YORK, April 4 (Reuters Breakingviews) - Johnson & Johnson (JNJ.N) is trying a little harder to settle claims that its talc harmed users. The tactic, known as the Texas Two-Step, creates a subsidiary under Texas law which allows what’s called non-divisive mergers. That gets it closer to a threshold that could be enough for a bankruptcy judge to approve the settlement. CONTEXT NEWSJohnson & Johnson said on April 4 that its subsidiary LTL Management had re-filed for bankruptcy in an effort to settle claims that sales of products containing talc harmed users. The new unit then declares bankruptcy, and the legal claims are settled in bankruptcy court.

Organizations: & $

☆ Boies, co-counsel move to grab control of all private FTX cases
▼ + stars: | 2023-02-13 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com time to read: +7 min

Judicial Panel on Multidistrict Litigation, that the judge overseeing their Miami cases, U.S. District Judge Michael Moore, has already proven in their brand ambassador cases that he can steer FTX cases quickly and efficiently. Not everyone pursuing claims on behalf of FTX customers agrees with Boies and Moskowitz. (To be clear, these private cases are different from cases that could be brought by a court-appointed receiver or trustee in FTX’s Chapter 11 bankruptcy.) If the cases go to California, the California slate is a likelier candidate. It will be a few months before any ruling on the Boies and Moskowitz consolidation petition.

☆ We could soon be facing the biggest financial crisis in history as Republicans threaten to stop paying America's bills
▼ + stars: | 2023-01-19 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +11 min

Republicans are using the debt ceiling as leverage to achieve spending cuts on Democratic priorities. But failing to raise the debt ceiling by the summer could cause the US to default on its debt. Consequences of default are dire, and Biden has urged the GOP to not bargain with the debt limit. "Failure to raise the debt limit will not reduce our debt, but it would wreck the economy if it led to a default. "When you talk about the trillion dollar platinum coin, it sounds very silly — and it is really silly!"

☆ Has inflation finally peaked?
▼ + stars: | 2023-01-08 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +6 min

But for investors, consumers and the Federal Reserve, inflation remains a major economic concern, just as it was in 2022. The hope is that inflation pressures will cool even more dramatically as the year progresses. We believe inflation peaked in June,” said Nancy Tengler, CEO and chief investment officer with Laffer Tengler Investments, in a report. Inflation impact on the Fed and housingWhat’s more, lower levels of inflation should allow the Fed to keep slowing its pace of interest rate hikes. But if inflation pressures continue to abate – and the Fed acknowledges that by pulling back on rate hikes – then the housing market may rebound.

☆ Former BlackRock stock chief Bob Doll shares his top 8 predictions for markets and the economy in 2023 — including 4 trades he thinks will outperform
▼ + stars: | 2023-01-04 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

Crossmark's Bob Doll sees another lackluster year ahead for stocks. 2022 was a rough year for the stock market, with the S&P 500 closing out the year down nearly 20%. "2023 is shaping up to be another challenging year for investors," Doll said in his yearly predictions note on Tuesday. The cumulative effect of tight policy will eventually catch up to the economy this year, and send it into a mild recession, Doll believes. Finally, given the muted returns he sees this year for the broader market, Doll expects active fund managers to beat passive index funds this year.

☆ FIFA wants us to think the World Cup is about showing 'humanity can live in peace together.' It's really about money — but I'll still watch.
▼ + stars: | 2022-11-18 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +6 min

The 2022 FIFA Men's World Cup, hosted by Qatar, will begin Sunday. read a recent letter to World Cup teams signed by Gianni Infantino, FIFA's president. Telemundo's 2022 FIFA World Cup ad sales for its Spanish televising of the tournament hit "record revenue," a spokesperson said. Khalid Salman, the Qatar World Cup ambassador and a former footballer, said homosexuality is "damage in the mind" in an interview with the German broadcaster ZDF earlier this month. The 2022 World Cup is a cynical attempt at sportswashing.

☆ FTX's blowup is a turning point for Wall Street's crypto adoption journey
▼ + stars: | 2022-11-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

But first, where does Wall Street go from here? A warning sign for Wall Street to get out now before it's in too deep. Insider's Rebecca Ungarino and Danielle Walker examined what the knock-on effects of FTX's blowup mean for Wall Street's crypto plans. A key part of Wall Street's adoption of crypto was working with intermediaries bridging the gap between the two worlds. Read more on how FTX's blow up might impact Wall Street' long-term crypto plans.

☆ Meta shares pop 7% as Wall Street rallies around layoffs
▼ + stars: | 2022-11-09 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks during the virtual Meta Connect event in New York, US, on Tuesday, Oct. 11, 2022. for a virtual future. Shares of Meta jumped more than 7% Wednesday after the company announced it will lay off more than 11,000 employees. Analysts at UBS were encouraged by Meta's announcement Wednesday and said they believe the layoffs are a clear sign that the company "gets it." The analysts reiterated their buy rating on Meta shares and said they liked Zuckerberg's comment about becoming "more capital efficient" in his employee memo. "We think Meta cost reductions – across opex and capex - signals that the company hears investors, and we think the shares can move higher," they wrote in a Wednesday note.

☆ Cramer: Meta layoffs show Mark Zuckerberg 'got religion' on costs, but he must cut more
▼ + stars: | 2022-11-09 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Jim had been calling on Meta and other tech companies for months to recognize the severity of the global macro headwinds and to reduce their costs. As a knock-on effect, this capex reduction from Meta may be causing some of the pressure we're seeing in semiconductor stocks, an area that caught a bid following Meta's initial expense guide. Reduction of annual capex by at least $5 billion; instead management guided for a $2 billion 2023 capex reduction at the high-end of its previous range, as mentioned this in more detail earlier. Management initially guided for total expenses in 2022 to be in the range of $91 billion to $97 billion. Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks during the virtual Meta Connect event in New York, US, on Tuesday, Oct. 11, 2022.

Organizations: ~$

Republican Brian Kemp won a second term as Georgia's governor. Stacey Abrams sought to oust Kemp from office in a rematch of their 2018 gubernatorial contest. Kemp touted his conservative record as governor, while Abrams wants a new approach in Atlanta. Georgia Republican Gov. Brian Kemp, defeated Democrat Stacey Abrams in Georgia's gubernatorial election.

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