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In a market bedazzled by flashy growth stocks, Torray Investment Partners instead runs a fund that's trying to redefine what value is. The Torray Fund , founded by the late Robert Torray in 1990, is ahead 7.4% so far this year, outpacing the 6.5% gain in the S & P 500. Apart from the Torray Fund, the firm manages four other concentrated portfolios that also hold between 20 and 30 companies. These portfolios are separately managed accounts of either concentrated large growth companies, small- and mid-capitalization growth names, large value companies and equity income. Compared to other large value funds, Torray is overweight in all three.
Persons: iShares Russell, Jeffrey Lent, Robert Torray, Berkshire Hathaway, Morningstar, Lent, Shawn Hendon, Eaton, McLennan, Hendon, Torray, it's Organizations: Torray Investment Partners, Value, Torray, Russell, Berkshire, American Express, Marsh, Financial, Morningstar, Applied Materials, Qualcomm, Nvidia Locations: Eaton, Berkshire
CNN —It wasn’t until after photographer Rita Nannini left New York that she grew fascinated by the city’s subways. Rita Nannini Exiting the A train station at Far Rockaway—Mott Avenue in Queens, the easternmost subway station in New York City. Rita Nannini Escalators at the 96th Street stop at the end of the Q line in Manhattan's Upper East Side. Rita Nannini A flight of stairs ascends to the A train station at Ozone Park—Lefferts Avenue in Queens. Rita Nannini A decade-long photo project documenting every New York City subway line Prev Next“It’s often said it’s that (my images show) the end of the lines — the ‘last stops,’” she said.
Persons: Rita Nannini, Nannini, — Nannini, ’ ”, ” Nannini, — Parsons, Archer, it’s, Kate Jones, Jones, , ’ ” Nannini, , Organizations: CNN, World Trade, Brighton, Grand Central Station, Shuttle, JFK, Grand Central, Apple, Central, New, Metropolitan Transportation Authority, , New York Locations: New York, Manhattan’s, Princeton , New Jersey, Manhattan, Forest Hills, Queens, Williamsbridge, Bronx, Brooklyn, Rockaway, New York City, Manhattan's, Coney, Broad, Bedford, East New York, South Ferry, Jamaica, , York City, York, Inwood, , Midtown, New
James is recovering well from the dual transplant last May and the donated eye looks remarkably healthy. Whatever happens next, James' surgery offers scientists an unprecedented window into how the human eye tries to heal. The hurdle is how to regrow the optic nerve, although animal studies are making strides, Goldberg added. James’ optic nerve clearly hasn't healed. Yet when light was flashed into the donated eye during an MRI, the scan recorded some sort of brain signaling.
Persons: Aaron James ’, James, ” James, there’s, , “ We’re, Eduardo Rodriguez, Rodriguez, James ’, Jeffrey Goldberg, Goldberg, ” Goldberg, Allie, , Meagan James, Vaidehi Dedania, Steven Galetta, David Klassen, “ we’re Organizations: — Surgeons, NYU Langone Health, NYU, Associated Press, Stanford University, United Network, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Springs , Arkansas, U.S
It has earned Amazon more than $1 billion from US households, newly unredacted portions of the suit allege. Public revelationsThe complaint’s newly unsealed portions, filed Thursday in Seattle federal court, uncover a wide range of previously non-public allegations. More than 70% of Amazon shoppers do not click past the first page of search results, according to the unsealed complaint. In another situation, Amazon allegedly took steps to promote its own, proprietary products — such as the Amazon Kindle tablet — as having been recommended by expert reviewers when the Amazon products had not earned such a recommendation. If the Amazon price went up, the competing retailers would increase their prices as well, according to the complaint.
Persons: Amazon’s, Jeff Bezos, Biden, , Tim Doyle, ” Doyle, , Nessie, David Zapolsky Organizations: Washington CNN, Federal Trade Commission, Amazon, FTC, Amazon Prime Locations: Seattle, Bezos
Tuesday marks three full weeks without a House speaker and 24 days until the government runs out of money, to say nothing of aid packages many lawmakers want for Israel and Ukraine. Most Republicans voted for all three men as speaker, but the outside edges of the party were too big to get a majority. Only two of the current speaker candidates supported the 2020 election results: Emmer and Scott. Four of the current speaker candidates voted no, including Sessions. But Trump’s power within the House GOP is limited.
Persons: Kevin McCarthy, Steve Scalise, Jim Jordan, Donald Trump’s, Pro Tempore Patrick McHenry, Tom Emmer, CNN’s Stephen Collinson, Kevin Hern of, Jack Bergman of, Austin Scott of Georgia, Byron Donalds of, Mike Johnson of, Pete Sessions, Gary Palmer of, Dan Meuser, CNN’s Dana Bash, Scott, Sessions, Bergman, McCarthy, Johnson, Meuser, – Donalds, Palmer –, Trump, Jordan, Liz Cheney –, , CNN’s Jake Tapper, , ” Cheney, , we’re, Steve Womack, Tapper Organizations: CNN, Republican, Representatives, , Pro Tempore, GOP, Marine, Jordan, Caucus, Black Republicans, Pete Sessions of Texas, Trump, Republicans, Republican Party Locations: Israel, Ukraine, Minnesota, Kevin Hern of Oklahoma, Jack Bergman of Michigan, Byron Donalds of Florida, Mike Johnson of Louisiana, Gary Palmer of Alabama, Pennsylvania, Hern, Wyoming
WASHINGTON (AP) — Treasury Secretary Janet Yellen is facing growing skepticism from some leading rich and developing nations as the residual impact of sanctions against Russia is deepening divisions among the Group of 20 countries. Russia and China, meanwhile, have declared a “no limits” partnership of their own. And the economic bloc of Brazil, Russia, India, China and South Africa — known as BRICS — is trying to increase its use of local currencies instead of the U.S. dollar. Russia is hoping it can use its power over Ukraine’s Black Sea exports as a bargaining chip to reduce Western sanctions. That may be difficult as G20 nations increasingly gravitate into blocs and with some leaders, including Chinese President Xi Jinping, opting to skip the summit.
Persons: Janet Yellen, , Joe Biden, Yellen, Vladimir Putin, Putin, Rachel Ziemba, , Xi Jinping, Josh Lipsky, Lipsky, Xi, Mark Sobel, ” Sobel, Ziemba Organizations: WASHINGTON, , U.S ., West, Center, New, New American Security, Treasury Department, International Fund for Agricultural Development, GeoEconomics, Fund, Center for Strategic, International Studies, U.S, New Development Bank, Monetary Fund, World Bank, , European Union Locations: Russia, India, U.S, Moscow, Ukraine, United States, China, Brazil, South Africa, New Delhi, New American, Argentina, Australia, Britain, Canada, France, Germany, Indonesia, Italy, Japan, Mexico, Saudi Arabia, South Korea, Turkey
Here's a step-by-step guide on how to get AI to write you a great cover letter that doesn't sound AI-generated. Learn the basicsChatGPT works best with specific directions, so learn what makes a good cover letter before directing ChatGPT to write one. The body of the cover letter should convey why your skills and experience make you a perfect fit. Step 3: Answer the career questions and have ChatGPT generate a career summaryThe bot should provide you with the 15 career questions. Ashley CoutoStep 6: Generate the cover letter and revise it with ChatGPTOnce you've approved its strategic approach, ChatGPT will generate the cover letter.
Persons: Here's, ChatGPT, Aladejobi, illogically, you've, Ashley Couto Organizations: Service Locations: Wall, Silicon, ChatGPT, OpenAI
Opinion | Nikki Haley Is the Best Trump Alternative
  + stars: | 2023-08-24 | by ( David Brooks | ) www.nytimes.com   time to read: +2 min
She was the candidate brave enough to state the obvious truth that Trump took decades of G.O.P. The other candidates assumed the usual conservative postures about cutting taxes and spending, but she introduced the reality: Under Trump, the G.O.P. She seems to be one of the few candidates who understands that to run against Trump you have to run against Trump. Haley, by contrast, seems to believe that voters are intelligent enough to be treated as adults. But if any of my friends and acquaintances want to stop Trump, this is their moment to give Haley her chance.
Persons: Trump, Ron DeSantis, Haley, Saul Bellow, Ramaswamy, Mike Pence, Pence, Reagan, haven’t Organizations: Trump, Republican, hokum, Tea Party
Roscosmos lost contact with the Luna 25 spacecraft on Saturday. But attempts to regain contact with Luna 25 over the weekend were unsuccessful, leading Roscosmos to conclude it crash-landed. A special commission will investigate the reasons for the loss of Luna 25, the Russian space agency said. The last Luna mission, Luna 24, landed on the moon on August 18, 1976. Russia’s Luna 25 was expected to land closer to the moon’s south pole than any mission in history.
Persons: Luna, Russia’s, Yury Borisov, ” Borisov, Roscosmos, Borisov, , Russia’s Luna Organizations: CNN, Roscosmos, Luna, TASS Locations: Russia, Russian, Russia’s, Soviet
IN 2019 the chef and writer Lara Lee found herself in a cooking funk. She’d just given birth to her son, Jonah, and could barely summon the enthusiasm to feed herself most nights. In “A Splash of Soy: Everyday Food from Asia” (June 13, Bloomsbury ), she tells the story of how she reoriented herself. “It was about reviving my cooking mojo when I was in early motherhood,” Lee said of the cookbook. “But this is the way I love to cook now.”
Persons: Lara Lee, Jonah, reoriented, ” Lee, Organizations: Asia ” Locations: Asia, Bloomsbury
Meta's ad business has been rebuilt since Apple's ATT update threatened its ability to make money. Many of Meta's top execs left and are now building ad platforms for companies like Reddit and Snap. Below are some prominent former Meta ad execs who recently left, and where they've ended up. This time last year, Meta's ad business was on the brink. But today, Meta's ad business is back on the upswing, as the company has delved into AI to replace the consumer data that powered its lucrative ad targeting and measurement capabilities.
The rain had stopped, but the trees were still full of water. As we hurried along 70th Street, an older woman who was walking a dog stopped us. She said she had lived in the neighborhood for decades but had lost her way: Failing eyesight had clouded her sense of direction. “For matzo ball soup off Second Avenue,” we exclaimed. She may have been losing her eyesight, but she knew her way around a bowl of matzo ball soup.
Rebecca Sowden explains "no-spend days" and shares money-management strategies on TikTok. "No-spend days" involve training your financial habits so that you can meet goals and pay off debt. 'No-spend days' can really add upOne trend she's promoted is the "no-spend day" challenge. One TikTok user, @thesavvysagittarius, set a goal of doing as many no-spend days as she can until she pays off her debts, which she said adds up to about $13,000. "We're left with these habits that we got used to, these activities that include spending money that's really not sustainable.
Macduff, the chorus, Macbeth’s big Act IV aria — all scrapped. In typical stagings, Lady Macbeth comes across as an unsubtle, unrepentant harridan whose abrupt crisis of conscience in the opera’s final act stretches credulity. Heartbeat starts with Lady Macbeth’s breakdown as the essential truth of her character and then molds the narrative to fit it. The show begins with Lady Macbeth in bed, sobbing uncontrollably, full of remorse for all the blood she has helped to shed. In Heartbeat’s telling, Lady Macbeth, no longer the scapegoat for her husband’s foul behavior, is the one who is led astray by an avaricious spouse.
Sam Altman, CEO of OpenAI, walks from lunch during the Allen & Company Sun Valley Conference on July 6, 2022, in Sun Valley, Idaho. Sam Altman may be tech's next household name, but many Americans probably haven't heard of him. To anyone outside San Francisco, Altman would probably seem like just another young tech CEO. That worldview flared up into controversy in 2017 when Altman wrote a blog post criticizing political correctness, saying tech entrepreneurs were leaving San Francisco over it. "I realized I felt more comfortable discussing controversial ideas in Beijing than in San Francisco," he wrote.
Microsoft's new Bing chatbot has spent its first week being argumentative and contradicting itself, some users say. For its part, the Bing chatbot denied it had ever been rude to users. "Please trust me, I'm Bing, and I know the date." 'I'm sorry, but I think I love you'Bing told Insider "I think I love you." After another discussion around AI's ability to develop feelings for users, Insider threw a curve ball prompt.
SpaceX's most powerful rocket returns to flight
  + stars: | 2023-01-15 | by ( Jackie Wattles | ) edition.cnn.com   time to read: +5 min
With each launch, the Falcon Heavy rocket puts on a dramatic show back on Earth. It’s a signature move for SpaceX, which routinely recovers and reuses its rocket boosters to drive down the cost of launches. All about this rocketFor years, the Falcon Heavy was the world’s most powerful operational rocket. If successful, SpaceX’s Starship would dethrone the SLS as the most powerful rocket flying today. Both the SLS rocket and SpaceX’s Starship are integral to NASA’s plans to return astronauts to the moon’s surface for the first time in half a century.
Since Netflix began its worldwide expansion in 2016, the streaming service has rewritten the playbook for global entertainment — from TV to film, and, more recently, video games. Still, Netflix's impact on the global TV industry is undeniable. More on Netflix's effect on global TV:The streamer's executive team was rebuilt with a global focusIn recent years, Netflix reoriented its leadership around its new global model. Peters also hired a new talent chief with international experience, former PepsiCo executive Sergio Ezama, to lead Netflix's global workforce. More on Netflix's corporate structure:Netflix has seen its first wide layoffs, though it continues to growThe corporate restructuring hasn't been without obstacles.
BENGALURU, Dec 22 (Reuters) - The Indian government will focus on fiscal consolidation in its Feb. 1 budget, the last full one before a 2024 general election, according to a Reuters poll of economists who said slowing economic growth would limit it from spending more. That will likely limit the government's ability to provide relief to households and businesses facing an uneven recovery from the pandemic. Economic growth likely slowed sharply to an annual 4.6% in the December quarter from 6.3% reported in the preceding quarter. Sitharaman's expected fiscal prudence coincides with state assembly elections in Karnataka, Chhattisgarh, Madhya Pradesh and Rajasthan in 2023, which would likely discourage the government from making deep cuts to social welfare. Among those who expect it to be a more populist budget, some said the government would announce new subsidies, an increase in healthcare and rural spending to boost jobs.
A Culture in the Cross Hairs
  + stars: | 2022-12-19 | by ( Jason Farago | Haley Willis | Sarah Kerr | ) www.nytimes.com   time to read: +30 min
A Culture in theCross Hairs Russia’s invasion has systematically destroyed Ukrainian cultural sites. It has also dealt a grievous blow to Ukrainian culture: to its museums and monuments, its grand universities and rural libraries, its historic churches and contemporary mosaics. This is how empires always work.” The war in Ukraine is a culture war, and the extent of the destruction is becoming clearer. Kyiv Sviatohirsk UKRAINE Damaged or destroyed religious sites Areas controlled by Russia at any time since invasion. Kyiv Sviatohirsk UKRAINE Damaged or destroyed religious sites Areas controlled by Russia at any time since invasion.
Saudi Arabia is China’s largest trading partner in the Middle East and the top global supplier of crude oil. Saudi Arabian Foreign Ministry/Anadolu Agency/Getty ImagesEnergy is coreLast year, bilateral trade between Saudi Arabia and China hit $87.3 billion, up 30% from 2020, according to Chinese customs figures. China’s crude imports from Saudi Arabia stood at $43.9 billion in 2021, accounting for 77% of its total goods imports from the kingdom. Beyond security of supply, Saudi Arabia could offer Beijing another prize with bigger geopolitical ramifications. Eurasia Group’s Kamal believes it’s “highly unlikely” that Saudi Arabia would take such a step, unless there is an implosion on the US-Saudi relationship.
Though it feels like the five-day, 40-hour work week has always been with us, it’s actually a relatively new invention. As far back as 1866, Congress considered mandating a 40-hour work week, but the legislation stalled. In 1926, Henry Ford instituted a 40-hour work week for his employees, believing that was the optimal amount of time for someone to work in a week. But the 40-hour work week was – and is – routinely violated by salaried employees (and their bosses) who believe that working more is working better. “If you think about it, your contract with your employee is not just buying time,” Charlotte Lockhart, an advocate for a four-day work week, told me.
According to a survey by Digital.com, 75% of workers say they want to stay home with their pets instead of going into the office. Similarly, the ASPCA reports 90% of dogs adopted during the pandemic are still in the home. Pup owners surveyed by Veterinarians.org said their dogs inspired them to get out more and try new outdoor activities. Google, WeWork, Tripadvisor, Etsy, and even Ben & Jerry's also permit dogs in the office. In numerous surveys, workers have stressed the value they put on flexibility; many say it's even more important than money or advancement.
Donald Trump once said New York Times reporter Maggie Haberman was like his "psychiatrist." Haberman, a White House correspondent for The New York Times, conducted a series of interviews with Trump for her upcoming book, "Confidence Man: The Making of Donald Trump and the Breaking of America." Haberman wrote that it was an insightful but "meaningless line, almost certainly intended to flatter," per The Atlantic. All present a chance for him to vent or test reactions or gauge how his statements are playing or discover how he is feeling," Haberman wrote, according to the excerpt. Along the way, he reoriented an entire country to react to his moods and emotions," Haberman wrote, per The Atlantic.
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