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☆ Vice’s New Owners Prepare to Slash What’s Left of Its Work Force
▼ + stars: | 2024-02-22 | by ( Benjamin Mullin | More About Benjamin Mullin | ) www.nytimes.com time to read: +1 min

Executives at Vice Media are planning to lay off hundreds of more than 900 employees over the next week, eliminating staff from its digital publishing division, according to three people familiar with the matter. Over the past half-decade, Vice has had near annual layoffs and mounting losses, and has filed for bankruptcy, making it the poster child for the battered digital-media industry. When Vice emerged from bankruptcy last year, some observers hoped its new owners — a consortium led by the private-equity firm Fortress Investment Group — would reinvest to return the company to growth. Instead, Fortress has decided to make sweeping cuts, as part of an attempt to stem the endless tide of red ink. The company is planning to inform employees of its new business strategy in the next week.

Organizations: Vice Media, Fortress Investment, Fortress

☆ Analysis: Why DeSantis’ departure isn’t likely to change the dynamic between Trump and Haley
▼ + stars: | 2024-01-21 | by ( Ron Brownstein | Analysis Ronald Brownstein | ) edition.cnn.com time to read: +17 min

The DeSantis and Haley camps each believed they would benefit if the other left the field and created an unambiguous one-on-one race with Trump. In fact, both the Trump and DeSantis campaigns believe that more of the Florida governor’s supporters will likely pick Trump. Any gain or loss for Haley among voters from DeSantis’ decision seems likely to affect the race only marginally, many GOP observers believe. Even at that point in the 2016 race, Trump had won only a cumulative 40% of the votes cast in the GOP primaries. His theory that he could peel away a meaningful number of previous Trump voters simply proved wrong.

Persons: New Hampshire CNN —, Ron DeSantis, Nikki Haley, Donald Trump, DeSantis, Haley, Trump, Joe Biden, Haley doesn’t, Biden, winnowing, Whit Ayres, ” Ayres, Texas Sen, Ted Cruz, George Conway, “ Trump, David Kochel, “, he’s, –, Trump’s, ”, Alex Stroman, Trump’s MAGA, MAGA, CNN DeSantis, “ DeSantis, Scott Reed, Bob Dole’s, John Connally, suburbanites, Vivek Ramaswamy, Donald Trump’s, ” Stroman, Jean Carroll, Mike Murphy, – Haley, Sen, Marco Rubio, she’s, Mike Dennehy, John McCain’s, Bill Kristol, Kristol, ” Kristol, Matt Gaetz, Ginger Heald, Ayres, Grover Cleveland, Republican Benjamin Harrison, Reed, Dole, Mike Pence, Pence, ” Reed, “ He’s Organizations: New Hampshire CNN, Florida Gov, GOP, South Carolina Gov, Republican, Trump, CNN, New Hampshire, Democratic, South, University of New Hampshire, Republicans, Texas, nonurban Whites, The, South Carolina Republican Party, Edison Research, Trump Trump, Biden, New Hampshire GOP, Florida Republican, Merrimack Republican, Committee, DeSantis Locations: Manchester, New Hampshire, Florida, South Carolina, New, Iowa, DeSantis, As, Hampshire, New York, Trump, The Florida, Trump’s, Texas, Charleston, Polk County, Trump’s Manchester , New Hampshire, Ukraine, Israel, ”

Mr. Trump is the first former president in the modern era who has sought to return to the White House. Regardless of what comes next, Mr. Trump’s Iowa victory amounts to a remarkable resurrection of a political career that had once appeared in tatters. Image Mr. Trump greeted supporters after a Fox News town hall in Des Moines. If Mr. Trump does become the nominee, the 2024 campaign will have few modern parallels. A different case making its way through the federal courts will test Mr. Trump’s claim that he should be immune from prosecution.

Persons: Donald J, Trump, Trump’s, Ron DeSantis, Nikki Haley, DeSantis, Haley, Biden, “, ” Mr, Vivek Ramaswamy, Maansi Srivastava, Mr, “ We’ve, Haley’s, —, Hilary Swift, ”, Mike Pence, Tim Scott, Chris Christie, Doug Burgum, Ramaswamy, Long, Haiyun Jiang, Jack Smith Organizations: The Associated Press, Republican, United Nations, Capitol, Senate, clapped, Horizon, New York Times, American, Republicans, PAC, National Weather Service, Mr, Trump, The New York Times, Service, Gov, Fox News, Des Moines . Credit, Justice Department, Biden, “ Locations: Clive , Iowa, Iowa, Florida, New Hampshire, South Carolina, Trump’s Iowa, tatters, “ Iowa, New Hampshire , Nevada, state’s, New York, North Dakota, Des Moines, Georgia, “ America

☆ Andrew Cuomo lawsuit: Accuser who previously claimed former New York governor groped her filing suit
▼ + stars: | 2023-11-24 | by ( Kristina Sgueglia | ) edition.cnn.com time to read: +5 min

CNN —A former aide to ex-New York Governor Andrew Cuomo, who previously claimed Cuomo groped her breast, is filing a lawsuit against him alleging sexual harassment and abuse, according to a summons filed this week. Commisso’s claims are provably false, which is why the Albany District Attorney dismissed the case two years ago after a thorough investigation,” Cuomo attorney Rita Glavin told CNN in a statement. The report triggered the eventual resignation of Cuomo, which he announced on August 10, 2021, a week after it was released. According to the state’s report, Commisso told investigators Cuomo grabbed her buttocks during hugs and a photo. Commisso claims she was demoted by the then lieutenant governor, now governor, Kathy Hochul, removed from the front office, and moved to the “demeaning task of answering telephones” for Hochul’s office, according to the document.

Persons: CNN —, Andrew Cuomo, Cuomo, Brittany Commisso, Commisso’s, “, ” Cuomo, Rita Glavin, “ Ms, ”, Commisso, Letitia James ’, David Soares, Kathy Hochul, Avi Small, Governor Hochul, Politico –, Eric Adams, Adams, Eric, Adams ’, ” CNN’s Michelle Watson Organizations: CNN, New, Court, New York, Albany Times Union, Albany City Court, Commisso, Hochul, Politico, New York City Locations: New York, Albany County, Albany, State, ”, ” The

☆ Opinion | Can Nikki Haley Beat Trump?
▼ + stars: | 2023-11-18 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

It’s time to admit that I underestimated Nikki Haley. If you wanted someone to attack Trump head-on with relish, Chris Christie was probably your guy. If you wanted someone with pre-Trump Republican politics but without much Trump-era baggage, Tim Scott seemed like the fresher face. But now Scott is gone, Christie has a modest New Hampshire constituency and not much else, and Haley is having her moment. To be clear, I do not think Haley has proved the DeSantis theory wrong.

Persons: Nikki Haley, Ron DeSantis, Trump, Chris Christie, Tim Scott, Scott, Christie, Haley, Joe Biden Organizations: Trump, Trump Republicans, Trump Republican, DeSantis, Des Moines Register, Republican Locations: New Hampshire, Des, Iowa

COLUMBIA, S.C. (AP) — The Republican Party’s once-crowded 2024 presidential primary field has suddenly shrunk to just a handful of viable candidates. Instead, the fight between Nikki Haley and Ron DeSantis for a distant second place appears to be intensifying. Political Cartoons View All 1244 Images“Now I’m hoping the field clears and it’s Nikki Haley one-on-one with the former president,” Druckenmillier told The Associated Press. Scott entered the 2024 campaign to much anticipation — especially in Iowa — as a close friend to Iowa Sen. Joni Ernst and a devoted evangelical Christian. And his modest share of support in late-summer Iowa polls shrunk by late fall as DeSantis and Haley appeared more viable.

Persons: Republican Party’s, Sen, Tim Scott of, Donald Trump, Nikki Haley, Ron DeSantis, Iowa's Jan, Haley, Scott's, Stanley Druckenmillier, Scott, ” Druckenmillier, Andrew Romeo, Mike Pence, ”, DeSantis, Kim Reynolds, Tim Scott, ” Romeo, “, Nikki Haley’s, Trump, Vivek Ramaswamy, Christie, Doug Burgum, Asa Hutchinson, they're, Pence, Privately, Ron DeSanctimonious, Nikki ‘ Birdbrain ’ Haley, ‘, Tim, ’, ’ ”, Iowa Sen, Joni Ernst, Republican bundler Eric Levine, ” Levine, “ It’s Nikki, Devin O’Malley, Pence’s, He’s, ” O’Malley, ___, Beaumont Organizations: COLUMBIA, Republican, GOP, United Nations, Associated Press, Iowa Gov, New, New Jersey Gov, Christie . North Dakota Gov, Arkansas Gov, Trump, South, Fox News, AP, Iowa GOP, ___ Peoples Locations: Tim Scott of South Carolina, Scott's South Carolina, Florida, Iowa, Alabama, New Jersey, Christie ., New Hampshire, South Carolina, New York, Des Moines , Iowa

Nov 3 (Reuters) - Republican presidential primary candidates will need to meet relatively stringent polling requirements to participate in the fourth debate in December, the Republican National Committee said on Friday, which could result in a winnowing of the field. The debate is set to take place in Tuscaloosa, Alabama, on Dec. 6, according to a person with direct knowledge of the matter. Those are crucial states in the nominating process, as they are the first four to select their preferred nominee. Traditionally, candidates that fail to make a debate stage lose the attention of the media, voters and donors. The third Republican debate, which has a similarly structured polling threshold of 4%, will take place on Wednesday in Miami.

Persons: Ron DeSantis, Nikki Haley, Vivek Ramaswamy, Tim Scott of, Chris Christie, Doug Burgum, Donald Trump, Haley, DeSantis, Christie, Ramaswamy, Scott, Burgum, Gram Slattery, Jonathan Oatis Organizations: Republican, Republican National, RNC, New, North Dakota, Thomson Locations: Tuscaloosa , Alabama, Iowa , New Hampshire, South Carolina, Nevada, Iowa, Florida, U.S, Tim Scott of South Carolina, New Jersey, North, Alabama, Miami

But in many ways, Pence's campaign ended years before it officially began, in the days leading up to Jan. 6, 2021. While the issue became less salient as the campaign went on, Pence was heckled and booed at times. During his campaign launch event, Pence addressed Jan. 6 head-on, defending his actions and saying Trump disqualified himself during that period. Even at Pence's opening campaign event, many in attendance said they liked and respected him, but had yet to make a decision. This past week, Pence began dialing top supporters to let them know that he decided to end the campaign.

Persons: Mike Pence, Donald Trump, Democrat Joe Biden, Pence, Trump, “, Angry Trump, Pope, Jan, ” Pence, —, ” Marc Short, Biden, Devin O'Malley, Pence's, Vivek Ramaswamy, ”, Larry Post, ” Lawrence Platt, Chris Christie, Christie, CNN's, ___ Colvin Organizations: LAS VEGAS, Democrat, Republican Jewish Coalition, Capitol, Trump, Pence, Associated Press, NORC, for Public Affairs Research, Ukraine, Republican Party, Iowa —, PAC, Israel —, Israel, Post, OB, New, New Jersey Gov, Trump Republicans Locations: Las Vegas, North Carolina, United States, Pence, Iowa, Beverly Hills , California, U.S, Los Angeles, New Jersey, CNN's “ State, New York

☆ Elon Musk is considering taking Twitter out of Europe amid EU compliance investigation
▼ + stars: | 2023-10-18 | by ( Kali Hays | ) www.businessinsider.com time to read: +4 min

In recent weeks Elon Musk has suggested Twitter could stop being accessible in Europe in order to avoid new regulation enacted by the European Commission. Musk is increasingly frustrated with having to comply with the Digital Services Act, according to a person familiar with the company. This would be similar to the way Meta is currently blocking people in Europe from using its new app Threads. At the time, Musk suggested the platform, still known as Twitter, should shift to operating only in the countries where it was most popular, so the US, the UK, and Japan. On X, Musk seemed to reply sarcastically to a post from Commissioner Breton on X's DSA compliance and insisted he did not understand what was being asked of him.

Persons: Elon Musk, Musk, Thierry Breton, it's, Breton, he's Organizations: European Commission, Digital Services, Twitter, European Union, DSA Locations: Europe, Israel, India, Australia, Africa, South Korea, Japan, Paris, Madrid, Berlin, Dublin, London

☆ Trump is in a league of his own as GOP primary hits fall sprint
▼ + stars: | 2023-09-05 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —There are two Republican primaries as an election season that defies conventional metrics and campaign trail traditions crashes into its fall stretch. Trump has already convinced millions of his supporters that he is the current legitimate president after his false claims of fraud in the 2020 election. Many of the candidates in the second tier appear to be running for the nomination of a Republican Party that may not even exist anymore. Given these numbers, why would Trump drop his boycott and attend the second GOP presidential debate at the Ronald Reagan library in California later this month? “We need to narrow it down to find a leader who can get the Republican Party back on the right track and that could get us back to winning elections again,” Hogan said.

Persons: Donald Trump, Ron DeSantis –, Vivek Ramaswamy, Trump, Joe Biden, lionizes autocrats, ”, Peter Navarro, he’s, Michael Cohen, Biden, Hunter, Nikki Haley, Trump’s, Mike Pence, DeSantis, “, . South Carolina Sen, Tim Scott, Chris Christie, Asa Hutchinson, Ramaswamy, Pence, Haley, Christie, Scott, Ronald Reagan, Chris Sununu, ” Sununu, Larry Hogan, ” Hogan Organizations: CNN, Republican, GOP, Florida Gov, Trump, Labor, Republicans, White, Former South Carolina Gov, Former New Jersey Gov, Arkansas Gov, Republican Party, Trump Republican Party, New, New Hampshire Gov, NBC, ” Former Maryland Gov, CBS Locations: Florida, Washington ,, Georgia, Washington, Fulton County , Georgia, Fulton County, Iowa, New Hampshire, Ukraine, China, . South Carolina, DeSantis, California, Wisconsin, Russia, ”

☆ Gov. Chris Sununu: This Is How to Beat Trump - The New York Times
▼ + stars: | 2023-08-21 | by ( Christopher T. Sununu | ) www.nytimes.com time to read: +2 min

To win, they must break free of Mr. Trump’s drama, step out of his shadow, go on offense, attack, and present their case. While the other Republican candidates are running to save America, Mr. Trump is running to save himself. Chris Christie, who has done great work exposing Mr. Trump’s weaknesses, must broaden his message and show voters that he is more than the anti-Trump candidate. If Mr. Trump is the Republican nominee for president in 2024, Republicans will lose up and down the ballot. And Mr. Trump, ever the narcissist, will spend the entire campaign whining about his legal troubles and bilking his supporters of their retirement savings to pay for his lawyers.

Persons: Donald Trump, Trump, Tim Scott, Ron DeSantis, Vivek Ramaswamy, Chris Christie, —, Jimmy Carter, Joe Biden’s, Trump’s, bilking Organizations: Republican, Trump, Associated Press, NORC, for Public Affairs Research, statehouse, Republicans Locations: America, Iowa, New Hampshire

☆ Would a conviction sink Trump? These Republicans are convinced
▼ + stars: | 2023-08-21 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

The question alarming many Trump-skeptical Republicans this week is whether Americans would ever send a convict to the White House. Sununu dismissed national polls that show Trump’s support among Republicans well over 50% and said to look at polling in early contest states. A new poll in Iowa by the Des Moines Register/NBC News/Mediacom suggests Trump has the support of 42% of likely Republican caucusgoers. Opposing views of Trump’s supportCNN’s Harry Enten looked at that Iowa poll and argues that much of Trump’s support is committed. Two-thirds of the likely caucusgoers who say they will support Trump also say their mind is made up.

Persons: Trump, J, Michael Luttig, Joe Biden, ”, Sen, Bill Cassidy, Cassidy, couldn’t, Scott Jennings, Jennings, Luttig, Tucker Carlson, It’s, Chris Sununu, …, ” Sununu, Joe Biden’s, Trump’s, bilking, Franklin Delano Roosevelt, Sununu, That’s, caucusgoers, Ron DeSantis, South Carolina Sen, Tim Scott, Harry Enten, What’s, Donald Trump can’t, –, ” Enten, Biden, “ Donald Trump Organizations: CNN, Trump, New, Louisiana Republican, Republicans, Republican, White, Quinnipiac University, GOP, –, Fox News, New Hampshire Gov, The New York Times, statehouse, Sunday, Democratic Party, Des Moines Register, NBC, caucusgoers ., caucusgoers . Florida Gov, South Locations: Atlanta, Milwaukee, New York, Florida, Iowa, New Hampshire, Washington ,, Georgia, Louisiana, “ State, America, “ Both Iowa, caucusgoers . Florida, South Carolina, caucusgoers

Other executives who will remain on Mr. Cavanagh’s leadership team include Cesar Conde, chairman of NBCUniversal News Group, who will gain oversight of Telemundo and NBC’s local stations, and Mark Woodbury, the company’s parks chief. Mr. Cavanagh is essentially winnowing the number of executives who report directly to him, streamlining the company’s leadership ranks. He will also continue to work directly with Adam Miller, an executive vice president overseeing operations and technology as well as communications, human resources and corporate social responsibility; Kim Harris, the company’s general counsel; Anand Kini, NBCUniversal’s chief financial officer; and Craig Robinson, executive vice president and chief diversity officer. The promotions were the first major step taken by Mr. Cavanagh since he took over leadership of the company. Its previous chief executive, Jeff Shell, stepped down after an investigation into sexual harassment.

Persons: Mike Cavanagh, Cavanagh, Donna Langley, Mark Lazarus, Cavanagh’s, Cesar Conde, Mark Woodbury, Adam Miller, Kim Harris, Anand Kini, Craig Robinson, Jeff Shell Organizations: NBCUniversal News, Telemundo

☆ Mike Pence is set to launch his presidential campaign next week
▼ + stars: | 2023-05-31 | by ( Jonathan Allen | ) www.cnbc.com time to read: +4 min

Former US Vice President Mike Pence speaks during the Nixon National Energy Conference at the Richard Nixon Presidential Library & Museum in Yorba Linda, California, on Wednesday, April 19, 2023. Mike Pence plans to enter the GOP presidential nomination fray June 7 with a campaign video and a kickoff speech in Des Moines, Iowa, according to a person familiar with his launch schedule. Redefining himself to Republican voters, most of whom know him primarily as Trump's vice president, will be a challenge. The former vice president will campaign in all 99 Iowa counties before the caucuses, the person said, adding that the campaign "will do the things that put Mike Pence in an advantageous position." A pro-Trump mob sacked the U.S. Capitol that day in an effort to stop the certification, and some of the rioters chanted "hang Mike Pence."

Persons: Mike Pence, Richard Nixon, Donald Trump, Ron DeSantis, Pence, Pence's, Mike Pence's, Jan, Trump, Reagan, —, Chris Christie, Doug Burgum, That's, He'll Organizations: US, Nixon National Energy Conference, Richard Nixon Presidential Library & Museum, Florida Gov, Republican, Iowa GOP, Trump, Trump mob, U.S . Capitol, Social Security, New, New Jersey Gov, North Dakota Gov Locations: Yorba Linda , California, Des Moines , Iowa, Indiana, Iowa, Ukraine, New Jersey, Des Moines

☆ Her son said his stepdad was sexually abusive. A judge gave the stepdad custody anyway. Then she found the photographs.
▼ + stars: | 2023-05-18 | by ( Olivia Gentile | ) www.businessinsider.com time to read: +58 min

Robert confronted Winenger with the allegations that November, and within weeks Winenger denied the claims in family court. In a family court hearing in Vista, California, on October 28, 2021, Commissioner Patti Ratekin chastised Jill Montes for allegedly alienating her kids from her ex-husband. From a list provided by the Delaware Family Court, Kelly chose a psychologist, William Northey. Their father cited the report in asking a Delaware family court judge to order the boys to change schools. Family Court of the State of Delaware, New Castle CountyCiting the email and a subsequent report, Michael pressed Ostroski to order the transfer.

Persons: he'd, Robert, stepdad, Thomas Winenger, Winenger, Robert's, Jill Montes, Montes, Patti Ratekin, she'd, Ratekin, Richard Gardner, Gardner, Lynn Steinberg, she's, Maya, shrieks, Joan Meier, They'd, —, Meier, Tom Brenner, Paige, Maggie Shannon, Claire, Eden, Weeks, Hester Prynne, Mitra Sarkhosh, Sarkhosh, San Diego Robert, Tom Winenger, Tamatha Clemens, Miguel Alvarez, Alvarez, overreact, Alvarez didn't, Bridges, Janell Ostroski, Linda Gottlieb, Ostroski, Michael D, Ashton, Alfield Reeves, Michael, Kelly D, Kelly, who've, Randy Rand, Chris, Rand, he's, Rand isn't, Jane Shatz of, Joann Murphey, Murphey, Steinberg, Ally Toyos, Kit R, Toyos, Emily, Richard Warshak, Elizabeth Loftus, Harvey Weinstein's, Loftus, Hannah Rodriguez, Linda Gottlieb's, Gottlieb, Rodriguez, Yvonne Parnell, Brian Ludmer, Ludmer, Parnell, aren't, Daniel Barrozo, Mom, Jean Mercer, Mercer, who'd, Michael Saini, Saini, Hannah Yoon, — Ashton, Judge Ostroski, William Northey, Northey, O, Addie Asay, mistreating Ashton, Rachel Brandenburg, Brandenburg, I've, Michael's, Gardner's, Gardner dosed, Dr, Paul Fink, Fink, Warshak, William Bernet, Patrick Clancy, doesn't, She'd, Brian Fitzpatrick, Sen, Susan Rubio, Meier's, Rebecca Connolly, didn't, Connolly, Heidi Simonson, Rubio, Theresa Manzella Organizations: Investigations, San, Business, Child Welfare, of, American Psychiatric Association, World Health Organization, American Professional Society, George Washington University, Violence Law, George Washington University Law School, Columbia University, PAS, Sarkhosh, San Diego County Sheriff's Department, California Health, Welfare Agency, Psychology, Bridges, Texas, Roane, Stockton University, University of Toronto, Families, Delaware Family Court, Family, Delaware Family, Association of Family, Conciliation, Newsday, University of Texas Southwestern Medical Center, HarperCollins, Family Bridges, Vanderbilt University, Disorders, The Justice Department, WHO, of Social Welfare, Family Law, Winenger, Montes, Superior Locations: San Diego County, Vista , California, of California, Family Bridges, United States, Santa Cruz , California, Sacramento, Los Angeles, San Diego, toddlerhood, Ratekin, San, California, Eden, New Castle County , Delaware, New York, Ashton, Delaware, Jane Shatz of California, Seattle, Southern California, Texas, Kansas, Toyos, Bozeman , Montana, Family, Tampa , Florida, New, Hudson Valley, Chino , California, Wilmington , Delaware, of Delaware, New Castle County, Denver, Washington, Pennsylvania, Susan Rubio of Los Angeles County, statehouses, Watsonville , California, Santa Cruz, Michigan , Kansas, Utah, Colorado, Montana

☆ Premarket stocks: ESG investing is dead. That's not a bad thing.
▼ + stars: | 2023-04-28 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

A new, more efficient system is taking shape that incorporates ESG standards into the bedrock of stock valuations, he said. ESG investing as a separate entity could be on its way out, but the approach was wrong to begin with, said Jenkins. Instead, a confluence of political, geopolitical and market events has severely damaged interest in ESG investing. Increased scrutiny also played into political differences around ESG investing and opened the door to vocal critics. Responsible investing funds also came up against mighty economic headwinds last year.

☆ Baby Rose Writes Music With Intention, ‘Not to Fit Into a Box’
▼ + stars: | 2023-04-24 | by ( Jon Pareles | ) www.nytimes.com time to read: +1 min

A bitter breakup with a longtime boyfriend was the genesis of “To Myself,” Baby Rose’s 2019 debut album, which was released through Island Records. Its title track, “All to Myself,” was a wrenching, gospel-rooted ballad she recorded on its first take. She followed it up with an EP, “Golden Hour,” in 2020, and a song on the soundtrack of the HBO series “Insecure.” But amid the isolation and upheavals of the pandemic, Island dropped her. “It’s imperative to grow.”While her debut album was a confessional outpouring, “Through and Through” is more deliberate. It’s me realizing how much we are more alike than we think we are.”During the pandemic, Baby Rose took an online songwriting course from Berklee College of Music, learning about structures and rhyme schemes and thinking about classic pop.

WASHINGTON, March 29 (Reuters) - Almost all of the remaining shortfall in U.S. labor force participation is the result of demographic and other trends that predate the COVID-19 pandemic, according to new research that suggests little chance that growth in the number of workers will help ease a tight American job market. After accounting for factors such as population aging and changes in education that influence people's willingness to work, the study showed that U.S. labor force participation was only about 0.3 percentage points short of where it would have been without the pandemic - equivalent to around 700,000 "missing" workers. Still, the figures suggest a winnowing down of COVID-related impacts on the labor force, a significant conclusion for U.S. policymakers hoping labor force participation rates could rebound to pre-pandemic levels. As of February, about 62.5% of U.S. adults were either working or looking for work, 0.8 percentage points below where it was in February of 2020, according to government figures. It has been in a steady decline for nearly a quarter century after peaking at 67.3% in April 2000.

☆ SVB fall casts shadow on early-stage U.S. biotech
▼ + stars: | 2023-03-13 | by ( Patrick Wingrove | ) www.reuters.com time to read: +3 min

March 13 (Reuters) - The collapse of Silicon Valley Bank (SIVB.O) will leave early-stage biotechnology companies with a funding void, investors and analysts said on Monday, but larger, publicly-traded drug companies should escape unscathed. About 50% of U.S. biotech companies, developing drugs for everything from cancer to heart disease and rare conditions, banked with Silicon Valley Bank (SVB), including a large number of private firms, according to WBB financial analyst and managing partner Steve Brozak. Analysts said the direct impact to U.S. biotech companies overall was limited, although several drugmakers such as Axsome Therapeutics Inc (AXSM.O) and Rhythm Pharmaceuticals Inc (RYTM.O) disclosed cash deposits with the bank. Startup-focused lender SVB Financial Group last week became the largest bank to fail since the 2008 financial crisis, sending shockwaves through the global financial system and prompting regulators to step in to contain the fallout. SVB’s demise likely leaves smaller biotech clients without an alternative lender, said Brozak, since other banks will now probably raise their funding thresholds to points that make investment difficult for smaller entities.

☆ The job you want has 1,200 applicants — but your odds are better than you think
▼ + stars: | 2023-02-12 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +4 min

But Claudia Garcia, a recruiter, said that the ease of online applications inflates the numbers. So while getting the job might look like a long shot, your odds are better than you think. That's according to Claudia Garcia, a senior specialty recruiter for Pontoon Solutions, which is part of the staffing company The Adecco Group. "Don't be intimidated," Claudia Garcia, a senior specialty recruiter for Pontoon Solutions, said. The lesson for job seekers is clear: While getting the job might look like a long shot based on the sheer number of applicants, your odds are better than you think.

☆ Google will soon kill the cookie, and 2023 will be the year to show whether the technology invented to replace it can save the ad industry's revenue
▼ + stars: | 2022-12-22 | by ( Ryan Joe | ) www.businessinsider.com time to read: +7 min

The loss of the cookie and other ways to identify people online has caused ad revenue to crater. "Too soon to say, but the platforms don't like it," said David Temkin, a Google executive who focuses on ads privacy. "Clean rooms we think are promising because they can respect user privacy," Temkin said. He notes that clean rooms can be slow and expensive. The prevalence of retail media already jumpstarted the need for clean rooms in 2022, said Scott Howe, CEO of LiveRamp, which provides clean rooms and identifiers.

☆ Retail advertising surged in 2022 — but in 2023, these new ad businesses will need to steal TV ad budget to survive
▼ + stars: | 2022-12-16 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +5 min

Retailers will face more competition for ad dollars with smaller ad budgets from marketers in 2023. WPP's media buying unit GroupM said that retail media brought in $110 billion this year and is on track to generate $160 billion by 2027. But 2023 will be the year that determines which retail ad businesses will win and which will lose. But some retailers are trying to grow their retail media businesses by separating those two, so retail ads are no longer part of the distribution deal. Retailers are coming for TV budgetsIf retail media budgets increase, other types of ad budgets must get cut.

☆ George Conway predicts Trump will run for president in 2024 for 'protection' against his many legal troubles
▼ + stars: | 2022-10-21 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

George Conway thinks Trump will run in 2024 as protection against his legal cases. "He will run for president, in effect, for protection against these legal proceedings, but there's just gonna be too many of them," Conway said. The lawsuit alleges that Trump, his company, and his three oldest children — Donald Trump Jr., Eric Trump, and Ivanka Trump — misled people into investing in a multi-level marketing scheme. After the FBI raid of Mar-a-Lago, he said that he thought Trump was "in very substantial legal jeopardy." Conway is married to Kellyanne Conway , Trump's former senior counselor.

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