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John Fetterman and Bob Casey yanked their support for $1 million in funding for an LGBTQ+ center. But Fetterman says he wasn't part of that decision and was "horrified" when he found it. 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 . AdvertisementSen. John Fetterman's office issued a letter on Tuesday rescinding a request for $1 million in federal funding for an LGBTQ+ community center.
Persons: John Fetterman, Bob Casey yanked, Fetterman, , Sen, John Fetterman's Organizations: Service, Pennsylvania Democrat, Business Locations: Sens, Pennsylvania
Rescinding a job offer is extremely rare, but it happens. After we extended a job offer, we invited them back to answer some additional questions. Job interview tip: Remember that you are always being evaluated, even after you accept an offer. Job interview tip: Once the ball is in your court, respond within 24 hours. I call this a "no update, update" email, and it's critical if you expect the conversation to be difficult.
Persons: they're Organizations: Continuum
In addition to the $355 million penalty — payback of what the judge deemed “ill-gotten gains” from his spurious financial statements — Trump is required to pay interest on that amount. James’ office calculates that, to date, Trump owes an additional $98.6 million in interest, bringing his total penalty to $453.5 million. Trump used $170 million of the $375 million to pay off a loan on the property. — $60 million, plus interest, from selling the rights to manage a New York City golf course in June 2023. Trump testified that regardless of what his financial statements said, banks did their own due diligence and would’ve qualified him for the loans anyway.
Persons: Donald Trump, , , Arthur Engoron, Letitia James, who’s, Trump, who's, Friday's, what's, Engoron, James ’, Allen Weisselberg, Jeffrey McConney, — Trump, Eric, Donald Trump Jr, Donald Jr, untethered, ” Trump, Christopher Kise, would’ve, James, Engoron’s, Barbara Jones, Michael Cohen, Cohen, , Forbes, Trump “, ” Engoron, Michael Cohen's Organizations: Republican, Trump, Trump Organization, longtime Trump Organization, TRUMP, New, Deutsche, Trump International Hotel, Waldorf, Bally's Corporation, Trump Organization finance, Division, Democrat Locations: New York, New, Manhattan, Lago, Florida, Miami, Chicago, Washington, New York City, Engoron’s, York, Trump
A former employee is suing Fox News and a former superior over an alleged 2008 sexual assault. Andrew Delancey accused Justin Wells, Tucker Carlson's former executive producer, of sexual abuse. The lawsuit details how a "culture of sexual harassment" at Fox enabled Delancey's assault. AdvertisementA former Fox News employee alleged in a new lawsuit that Justin Wells — Tucker Carlson's former producer and "right-hand man" —sexually assaulted him and retaliated against him after he declined his advances. AdvertisementBill O'Reilly settled a sexual harassment case for $32 million in 2017.
Persons: Andrew Delancey, Justin Wells, Tucker Carlson's, , Justin Wells — Tucker Carlson's, Wells, Delancey, Greta Van Susteren, rescinding, Harmeet Dhillon, Roger Ailes, you've, Tucker Carlson, Bill O'Reilly, producer's, Ed Henry, Alfredo J, Pelicci Organizations: Fox News, Fox, Service, Fox News Edge, Business Locations: New York
Ernst & Young has delayed the start date of some its new graduate hires for the second time. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementErnst & Young has delayed start dates for new hires to its strategy consulting arm, making them wait almost a year in total, the Financial Times reported Wednesday. Some recent graduates who were initially expecting to join Ey-Parthenon in Autumn have had their start dates delayed twice, and won't be working with the firm until July 2024. Delaying the start dates of grads is not only a cost-saving measure but also to ensure that new hires have work to do when they join.
Persons: Ernst, Young, Organizations: Service, Financial Times, FT, Business Locations: Reddit, EY
Accounts on Threads were also established for the first lady and second gentleman as well as for the White House itself. White House officials repeatedly rebuked Musk for what they called "anti-semitic rhetoric" on X over the last week. Several major advertisers including Apple and Disney subsequently paused their spending on X. Musk defended himself on Sunday, without apologizing or rescinding his statements. The White House said in a statement to CNBC that the launch of the new Threads accounts "has been in process for several weeks." Here's what Biden said in his first post on Threads:"Folks, it's President Biden.
Persons: Joe Biden, Andres Manuel Lopez Obrador, Kamala Harris, Elon Musk's, Musk, Adam Mosseri, Biden, it's, hasn't Organizations: Economic Cooperation, Elon, Defamation League, White House, Apple, Disney, Twitter, CNBC, America Locations: Asia, San Francisco , California, U.S, White, America, China
"It typically doesn't make financial sense, and there's a few reasons why," said Italy-based Alex Ingrim, a financial advisor at Chase Buchanan Wealth Management. While there may be some instances where "the pain of being American" arises in the tax liability, "you're very rarely double-taxed" as an American, Ingrim said. Similarly, if you earn Portuguese income and pay Portuguese income taxes, you will get some credits on your U.S. filing for taxes paid overseas, according to Boudreaux. However, they still have the U.S. tax liability. "For those people, it's a pain, and [they] opt for giving up their citizenship to avoid paying taxes," Ingrim said.
Persons: Alexander Spatari, Alex Ingrim, Ingrim, Jude Boudreaux, expats, Boudreaux, Jordi Mora Igual Organizations: Chase Buchanan Wealth Management, Planning, Social, CNBC FA Locations: Italy, New Orleans, U.S, Portugal, Monaco, Dubai
The War on College Campuses
  + stars: | 2023-11-02 | by ( Lauren Camera | ) www.usnews.com   time to read: +16 min
College campuses have always been bastions of protest, where young, energetic students push older generations in the direction of the next social or political reform. Notably, the prevailing notions of the liberal bent of college campuses are not incorrect. According to a 2023 survey by FIRE of roughly 1,500 four-year college professors, 50% identify as liberal, 17% as moderate, and 26% as conservative. Analysts say the recent inflammatory examples that have not only riven college campuses but altered the way many Americans view them also underscore the increasing difficulty observers in the U.S. have of sitting with complex developments. Many of the country’s most elite schools actually perform the worst, according to the 2024 College Free Speech Ranking by FIRE.
Persons: Ron DeSantis –, , , , Zach Greenberg, Nikki Haley, Carolina Sen, Tim Scott, Pell Grant, Donald Trump, Strawn, Davis Polk, Sarah Lawrence, Samuel Abrams, ” Greenberg, Joe Biden, Peter Coleman, Morton, Coleman, “ We’re, Tony Banout, ” Banout, ” Coleman Organizations: Hamas, National Students for Justice, Florida Gov, College, Foundation, Rights, , U.S ., Harvard’s, for Palestine, Palestine Solidarity Committee, George Washington University, GOP, Former South Carolina Gov, Customs, Winston, Wardwell, Harvard University, Columbia University, Harvard, University of Pennsylvania, FIRE, Sarah Lawrence College, New York Times, Columbia, America – Democrats, Republicans, Jewish, Tulane University, Cornell University, FBI, White, Department of Homeland Security, Department of Justice, Morton Deutsch International, for Cooperation, Israel, University of Chicago, University of Chicago Forum, Free Locations: Israel, Palestine, America, Florida, Gaza, U.S, Former, ., Carolina, Columbia, Costa Rica
The House has released text of its planned Israel funding bill, appropriating $14.3 billion dollars to aid the country, setting up one of the first leadership tests for newly elected House Speaker Mike Johnson. In the Senate, both leaders have pressed to have any funding for Israel combined with Ukraine and border security funding. Johnson has pushed to detach the aid to Israel from the Ukraine aid. And right now, the Senate has a chance to produce supplemental assistance that will help us do exactly that,” McConnell said. Not some of them, but all of them … you can send Israel over by itself, that’d be fine,” he said.
Persons: Mike Johnson, Republicans – Thomas Massie of, Marjorie Taylor Greene, Georgia –, Johnson, Chuck Schumer, Schumer, , ” Schumer, Mitch McConnell, Oksana Markarova, ” McConnell, “ Israel, , Sen, Rick Scott, Missouri Sen, Josh Hawley, Republican Sen, Lindsey Graham of, CNN’s Manu Raju, Sam Fossum, Morgan Rimmer Organizations: Louisiana Republican, GOP, Republicans, Senate, Israel, Fox News, Democrats, House Democratic, Ukraine, , Florida Republican, Republican, Locations: Israel, Louisiana, Georgia, Ukraine, Gaza, America, Ukrainian, Louisville , Kentucky, Florida, Missouri, Lindsey Graham of South Carolina
Last year's U.S. Supreme Court decision rescinding a five-decade-old right to abortion has reshaped American abortion policy, shifting power to states. Sales of abortion pills in 2022 were up 60%, according to Nikolay Bespalov, development director of the RNC Pharma analytical company. A recent Health Ministry decree restricted circulation of abortion pills, used to terminate pregnancies in the first trimester. Regional authorities have tried to get private clinics to stop offering abortions, with varying success. In Tatarstan, about a third of all private clinics no longer provide them, officials said.
Persons: heartened Dasha, Vladimir Putin, Yakovleva, , Michele Rivkin, rescinding, Putin, Mikhail Murashko, Nikolay Bespalov, Yekaterina Hivrich, Irina Fainman, Fainman, Pyotr Tolstoy, Irina Volynets, Lina Zharin, ” Natalya Moskvitina, Moskvitina, Olga Mindolina, Mindolina, Anastasia, , Lyubov Organizations: Associated Press, Nationwide, Health Ministry, University of North, Supreme, Russian Orthodox Church, Health, AP, Authorities, Lahta Clinic, Conservative, Women Locations: TALLINN, Estonia, Kaliningrad, Russia, U.S, University of North Carolina, Last, Soviet Union, ” State, Ukraine, St . Petersburg, Karelia, Tatarstan, mulling, Chelyabinsk, Mordovia, Voronezh
Web Summit's CEO quit after appearing to accuse Israel of "war crimes," triggering backlash online. In his first post on the subject, Cosgrave seemed to accuse Israel of war crimes. "War crimes are war crimes even when committed by allies, and should be called out for what they are." Proceed with cautionMany of the high-profile CEOs who have commented on the conflict so far have explicitly condemned Hamas and supported Israel. "If you have no connection to Israel, what is the point in mouthing off about political issues now?"
Persons: Execs, Israel, , Paddy Cosgrave, Cosgrave, I'm, Ireland's, Bill Kissane, Google's, Paul Argenti, Argenti Organizations: Service, Intel, Web, The London School of Economics, Political, Britain, Palestinian Liberation Organization, Web Summit, Google, Microsoft, Siemens, Israel, Tuck School of Business Locations: Israel, Lisbon, Ireland, Northern Ireland, mouthing
MOSCOW (AP) — The upper house of the Russian parliament on Wednesday revoked the ratification of a global nuclear test ban in what Moscow has describes as a move to establish parity with the United States. The Federation Council voted to endorse a bill rescinding the ratification of the Comprehensive Nuclear Test Ban Treaty, also known as the CTBT. There are widespread concerns that Russia could move to resume nuclear tests to try to discourage the West from continuing to offer military support to Ukraine. Political Cartoons View All 1218 ImagesPutin has noted that while some experts have argued that it's necessary to conduct nuclear tests, he hasn’t yet formed an opinion on the issue. Russia’s Deputy Foreign Minister Sergei Ryabkov said earlier this month that Moscow will continue to respect the ban and will only resume nuclear tests if Washington does it first.
Persons: Vladimir Putin, Putin, Sergei Ryabkov, Ryabkov, ” Ryabkov Organizations: MOSCOW, The Federation Council, Comprehensive, Russian Foreign Ministry Locations: Moscow, United States, U.S, China, India, Pakistan, North Korea, Israel, Iran, Egypt, Russia, Ukraine, Washington
Machado, 56, had led her rivals by some 40 points in polls. Though five people were released, the Maduro government said last week that those with disqualifications cannot run in the 2024 contest. The opposition, which says the disqualifications are unlawful, has been reticent about what it would do if Machado wins the primary but is unable to compete in 2024. Machado has said she could pressure the electoral authorities to let her register, while others have argued a substitute will be necessary. Reporting by Vivian Sequera and Mayela Armas; Writing by Julia Symmes Cobb; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.
Persons: Maria Corina Machado, Nicolas Maduro, Machado, Carlos Prosperi, Maduro, Vivian Sequera, Mayela Armas, Julia Symmes Cobb, Tom Hogue Organizations: Venezuelan, Thomson Locations: Caracas, CARACAS, United States, Machado's
Dollar General rescinded job offers to applicants with high blood pressure or poor eyesight, an EEOC lawsuit claims. AdvertisementAdvertisementDollar General violated disability-discrimination laws by rescinding job offers to some applicants with high blood pressure or poor eyesight, a federal agency said in a lawsuit. AdvertisementAdvertisementThe retailer rescinded job offers for some qualified individuals with disabilities, even when these wouldn't affect their ability to safely carry out the job, the EEOC's suit claimed. "Any alleged discriminatory or otherwise unlawful behavior imputed to Dollar General was neither intentional, knowing, reckless, nor malicious," the retailer said. Insider contacted Dollar General for comment, but did not immediately receive a response, outside regular US business hours.
Persons: , EEOC, GINA, Madeline Hughes Haikala, Bradley Anderson Organizations: Service, Commission, Dollar, Court, Northern, Northern District of, Disabilities Locations: Bessemer , Alabama, Bessemer, Alabama, Northern District, Northern District of Alabama, Birmingham , Alabama
Maria Corina Machado, 56, an industrial engineer and former lawmaker, has led her rivals by some 40 points in polls. The opposition and government this week signed a deal on some election guarantees, including the presence of international observers. Some in the opposition have said they are skeptical Maduro will follow through on the deal. The opposition, which says the disqualifications are unlawful, has been reticent to confirm what it would do if Machado wins the primary but is unable to compete in 2024. Others have argued selecting a substitute candidate would be necessary, though whether the often-fractious opposition would accept Machado choosing a replacement remains to be seen.
Persons: Leonardo Fernandez Viloria, Nicolas Maduro, Maria Corina Machado, Machado, Maduro, Jorge Rodriguez, Carlos Prosperi, Delsa, Mayela Armas, Vivian Sequera, Julia Symmes Cobb, Rod Nickel Organizations: El, REUTERS, Rights, Trump, Thomson Locations: El Valle, Venezuela, Caracas, Rights CARACAS, United States
UN to vote on rival resolutions on Israel and Gaza
  + stars: | 2023-10-16 | by ( Michelle Nichols | ) www.reuters.com   time to read: +2 min
[1/2] A view shows the remains of a Palestinian house destroyed in Israeli strikes in the central Gaza Strip. REUTERS/Mohammed Fayq Abu Mostafa Acquire Licensing RightsUNITED NATIONS, Oct 16 (Reuters) - The United Nations Security Council was due to vote on Monday on rival draft resolutions on Israel and Gaza that focus largely on the humanitarian situation, but it was unclear whether either stood a chance of being adopted. A spokesperson for the U.S. mission to the United Nations declined to comment when asked about the impending votes. The Brazilian draft condemns the Palestinian militant Hamas for its attacks on Israel, while the Russian draft does not name Hamas, which attacked Israel on Oct. 7. Without naming Israel, the Brazilian text also calls for the rescinding of the Israeli order for civilians and U.N. staff in northern Gaza Strip to relocate to southern Gaza.
Persons: Mohammed Fayq Abu Mostafa, Israel, Dmitry Polyanskiy, Michelle Nichols, Susan Heavey, Howard Goller Organizations: UNITED NATIONS, United Nations Security, United, Security, U.S, United Nations, Twitter, Thomson Locations: Gaza, Israel, Russia, Brazil, Britain, China, France, United States, Hamas, Russian, Israel's
"I'm very, very lucky because I wouldn't have had the courage to go and do that acquisition, but I give all the credit in the world to Dave Clark," Petersen said. "There's a perfect complement of skill sets," Petersen told Forbes in June 2022. Petersen told Clark he should engage with Shopify's team, according to a person with direct knowledge of the negotiations. Clark, Petersen and Wagers met in Texas in mid-August to fine-tune the forecasts. Flexport told CNBC that an employee's politics are not relevant in personnel decisions.
Persons: Dave Clark, Ryan Petersen, he'd, Petersen, Clark, excoriated Clark, we've, Clark wasn't, Jeff Bezos, It's, Flexport, Clark overspent, Flexport's, He'd, Sanne Manders, Dave, Shopify, Tobias Lutke, Lutke, Shopify's, glanced, didn't, Fund's Trae Stephens, Michael Ronen, SoftBank, Andreessen Horowitz, Bob Swan, Samyukta Lakshmi, Kenny, Stuart Leung, pare, Leung, , Lindsey Wasson, Clark's, Stephens, Peter Thiel, Trump's, Petersen's, Sen, Joe Manchin, Chris Ferro, Ferro, Parisa Sadrzadeh, couldn't, Amazon, Sadrzadeh, Burak Yolga, Yolga, Nelly Organizations: North, Amazon, Twitter, CNBC, UPS, FedEx, Milken Institute Global Conference, Bloomberg, Getty, Forbes, Deliverr, Shopify's, Anduril Industries, Intel, Intel Corp, U.S ., Clark, Republican, Founders Fund, Democratic, Street Journal, Flexport Locations: Phoenix, Silicon, Clark, Beverly Hills , California, U.S, Flexport, Deliverr, Miami, Flexport's Bellevue , Washington, Bengaluru, India, Flexport's, Asia, U.S . West Coast, Texas, Ohio, Arizona, Thiel's, West Virginia, Seattle, integrations
Flexport's ex-boss Dave Clark moved his time at the company from "experience" to "education" on LinkedIn. Clark joined the company from Amazon in 2022, but last only a year before founder Ryan Petersen returned as boss. The former Amazon executive moved his year of working at Flexport from "experience" to "education" on his LinkedIn profile. AdvertisementAdvertisementAt the beginning of September, Clark left Flexport in a shock departure, with reports suggesting he was told to resign or be fired by founder Ryan Petersen. Founder and CEO Ryan Petersen hired Clark , the then-worldwide consumer CEO at Amazon, in June 2022 with the aim of expanding the company.
Persons: Dave Clark, Clark, Ryan Petersen, Petersen, Ryan, — Dave Clark, It's, … — Ryan Petersen, Flexport Organizations: Amazon, Service, Logistics, LinkedIn, Auburn University, University of Tennessee, Shipping Locations: Wall, Silicon, Flexport
Insider Today: Automating away CEOs
  + stars: | 2023-09-11 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +9 min
Today is always a difficult day, particularly here in New York, as we remember the innocent lives lost 22 years ago. But the group that seems immune to those concerns — CEOs — is primed for being usurped by robots, writes Ed Zitron. Ed's argument is straightforward: CEOs get paid a lot despite not providing much value for their companies. For all the talk of CEOs being transformational leaders full of business ingenuity, many are nothing more than figureheads. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.
Persons: Rick Rescorla, Morgan Stanley, Rescorla, — Dan DeFrancesco, Arantza Pena Popo, , Ed Zitron, Ed, they're, STAN HONDA, Bill Ackman, foresees, Elon Musk's, Sam Altman, Kevin Dietsch, Ryan Petersen, Flexport's, Apple's, Microsoft's, Chris Williams, he's, Joe Biden, Damar Hamlin, Joe's, Wilson, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Tech, TED, LinkedIn, nab, Bank, America, Wynn Resorts, Broadcom, Sun, Pentagon, & Museum, The New York Jets, Buffalo Bills, Bills, Oracle, Bovis Homes Locations: Wall, Silicon, New York, China, Alaska, Savanna, New York City, San Diego, London
Flexport's CEO Ryan Petersen said on X that it's rescinding dozens of job offers. Recruiters point out that rescinding job offers is not uncommon – and not illegal. Roman later told Insider that Flexport's decision might also set a new precedent for how people think about job offers. He also noted that rescinded offers have been among the "most challenging" situations he's had to deal with in his professional life. In June 2022, cryptocurrency platform Coinbase rescinded job offers via mass emails — a decision that at least one recipient denounced as "unprofessional."
Persons: Ryan Petersen, Nick Roman, Roman, I'm, Olivier, Schreiber, Philipp Slappnig, he's, Petersen, Flexport, we've, shakeup, Dave Clark, Clark, Flexport's Organizations: Service, LinkedIn, Amazon Locations: Wall, Silicon
The exodus came before former CEO Dave Clark announced his departure on Wednesday. Flexport was experiencing an exodus of executives before former CEO Dave Clark announced his sudden resignation on Wednesday. Clark, who was Amazon's worldwide consumer CEO before joining Flexport last September, announced his departure on X, formerly known as Twitter, on Wednesday. In his post, Clark cited the desire of Flexport founder and former CEO Ryan Petersen to return to his role leading the company. During a company town hall on Thursday, Flexport executives told employees that cost-cutting measures were on the way , possibly including job cuts, multiple sources said.
Persons: Flexport, Dave Clark, — Artur Rivilis, Flynn Fishman, Stephanie New —, Rivilis, Fishman, Slack, Shopify, Clark, Ryan Petersen, Freightwaves, Petersen, Tobi Lütke Organizations: Flexport, Shopify Logistics Locations: Deliverr, ,, Flexport, San Francisco , Los Angeles, Dallas, New York, Amazon, mstone@insider.com
Flexport CEO Ryan Petersen announced on X that the company was rescinding dozens of job offers. The rescinded job offers come after Petersen reclaimed his role as CEO on Wednesday. On Wednesday, former Flexport CEO Dave Clark announced he was leaving the company less than a year after departing from his role as CEO of Amazon's consumer business to join Flexport. AdvertisementAdvertisement"It's clear that important changes are needed to sustain our growth and return to profitability," Petersen wrote. Petersen, Clark, and a spokesperson for Flexport did not immediately respond to a request for comment.
Persons: Ryan Petersen, Petersen, Steve Jobs, Dave Clark, Clark, FreightWaves, Insider's Eugene Kim, Madeline Stone, he'd, Flexport Organizations: Service, Flexport, Flexport's, Wall Street Locations: Wall, Silicon
When the last American soldier flew out of Afghanistan on Aug. 30, 2021, leaving the country to Taliban rule, the world braced for a human rights nightmare. In that sense, the Taliban have met expectations. The country’s extremist rulers, who seized power from an American-backed government of 20 years, have carried out revenge killings, torture and abductions, according to international observers. They have also imposed the world’s most radical gender policies, denying education and employment to millions of Afghan women and girls — even shutting down beauty parlors. On Aug. 14, a group of United Nations officials issued a report saying the Taliban had engaged in “a continuous, systematic and shocking rescinding of a multitude of human rights, including the rights to education, work, and freedoms of expression, assembly and association.”Some analysts and U.S. officials had clung to the hope that the Taliban had moderated since they last controlled the country in the 1990s, or that they would at least make concessions to Western demands on human rights to win diplomatic recognition or economic aid as the country suffers a deepening humanitarian crisis.
Organizations: American, United Nations, Locations: Afghanistan, American
In a new court filing, Disney asks for damages and alleges Florida violated its contracts. It's the latest in a lawsuit in which the Florida board says Disney shouldn't have total power over its district. Disney said in the document that it "has fully complied with any and all of its obligations under the Contracts." The company alleged that the Florida board "repudiated its duty" to adhere to the contract. As the lawsuit between Disney and the Central Florida Tourism Oversight District continues to proceed, DeSantis has been on the presidential campaign trail.
Persons: Ron DeSantis, Disney, Bob Iger, DeSantis, Trump, who's Organizations: Disney, Gov, Service, Florida, CNN, DeSantis, District, Central, FiveThirtyEight Locations: Florida, Wall, Silicon, Reedy, Central Florida
A sales assistant was left unemployed when a company rescinded her job offer after she'd given two weeks' notice. She says she left the review to "save even one person from potentially losing their job." Insider has verified their employment, as well as the job offer, but isn't naming them in order to protect their career prospects. Soon after the second interview, I received a job offer via email. I was just so flabbergasted that they would tell me to take down a negative review when it wasn't even my fault that they rescinded my job offer.
Persons: I'd Organizations: Service, New Locations: Wall, Silicon, New York City, Glassdoor
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