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☆ Luxury developer Michael Shvo has big plans. Bitter disputes and a soft real estate market threatens to thwart them.
▼ + stars: | 2024-06-13 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +15 min

Amid the whirlwind of activity, the 51-year old, Israel-born executive has presented himself as a real estate visionary with a personal preference for all-black attire and a taste for luxury brands. BVK recently hired the residential brokerage firm Corcoran Group to complete a market study of the Fifth Avenue project, a person who viewed the report said. Miller noted he did not have direct knowledge of the situation at 685 Fifth Avenue. At 685 Fifth Avenue, he recently marked down prices for some of the units. In contrast, the Shore Club, which is being built by the New York real estate developer Steve Witkoff just a few hundred yards away from the Raleigh has pre-sold briskly.

Persons: —, Michael Shvo, Shvo, Peter Marino, Norman Foster, Renzo Piano, BVK, Corcoran, Jonathan Miller, Miller Samuel, Miller, Pam Liebman, Corcoran's, Truist, Michael Lirtzman, Akuna, Lirtzman, I've, Scott Wadler, Wadler, Jed Jacobsohn, John Goodman, Diane, –, Goodman, profanely, Serdar, Shvo's, Bilgili, Deutsche Finance didn't, Alex Miranda, I'm, Steve Witkoff, Morgan Chase Organizations: Service, Bayerische, Deutsche Finance, Business, GFI, Group, Shvo, Wabash, Akuna, Colliers, Wabash –, Raleigh, Core, New York State, Noë, Associates, West, Bilgili, BVK, Shore Club, New Locations: New York, Manhattan's Plaza, Los Angeles, Miami Beach, Raleigh, Israel, Wilshire, LA, Manhattan, Chicago, Miami, Paris, South Florida, San Francisco, Manhattan's, Turkish, BVK, Wabash, Shvo, Munich

☆ Luxury developer Michael Shvo has big plans. Bitter disputes and a soft real estate market threaten to thwart them.
▼ + stars: | 2024-06-13 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +15 min

☆ The Floating Traffic Jam That Freaked Us All Out
▼ + stars: | 2024-06-02 | by ( Peter S. Goodman | ) www.nytimes.com time to read: 1 min

Southern California appeared to be under siege from a blockade. Rubberneckers flocked to the water’s edge with binoculars, trying to count the ships that stretched to the inky horizon. This was what it looked like when the global economy came shuddering to a halt. It was October 2021, and the planet had been seized by the worst pandemic in a century. Basic geography itself seemed reconfigured, as if the oceans had stretched wider, adding to the distance separating the factories of China from the superstores of the United States.

Locations: Southern California, Los Angeles, Long Beach, Calif, China, United States

☆ Hartford Total Return Bond ETF yields nearly 5% and prides itself on finding value across the market
▼ + stars: | 2024-05-06 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

HTRB saw a total return last year of 7.15%, and ranked in the 23rd percentile among its peers, according to Morningstar. The portfolio has 51% of its assets in mortgage-backed securities and 25% in investment-grade credit, according to the fund's website. Compared to many of its peers in the intermediate core plus bond Morningstar category, Hartford Total Return Bond ETF leans a bit more on securitized markets instead of investment-grade corporate debt, according to Morningstar. Finding opportunities Right now, one of the areas Goodman sees value in is agency mortgage-backed securities. Goodman also likes structured finance right now, like collateralized loan obligations, commercial mortgage-backed securities and nonagency residential mortgage-backed securities.

Persons: Campe Goodman, Morningstar, Goodman, HTRB, Morningstar . Goodman, Mike Mulach, Bonds, Fitch Organizations: Hartford, SEC, Wellington, Bloomberg U.S, Morningstar, BB, Poor's, Federal Reserve Locations: Wellington, Eastern Europe

☆ How the High Cost of Borrowing May Skew the Presidential Race
▼ + stars: | 2024-04-30 | by ( Peter S. Goodman | ) www.nytimes.com time to read: +1 min

Kimberly Jolasun, a 32-year-old entrepreneur in Atlanta, has never voted for the Republican candidate for the presidency. Not yet profitable, her company needs financing to grow. Banks want to charge her interest as high as 14 percent for business loans. The interest rate on the credit card debt she used to start the company has spiked to 25 percent, tripling her monthly payments. But she assumes that his Republican opponent, former President Donald J. Trump, is more in tune with the needs of business owners.

Persons: Kimberly Jolasun, Banks, Jolasun, Biden, Donald J, Trump Organizations: Republican, Technology, Federal Reserve Locations: Atlanta, Silicon Valley, Austin , Texas, Georgia

☆ Even With Gaza Under Siege, Some Are Imagining Its Reconstruction
▼ + stars: | 2024-04-28 | by ( Peter S. Goodman | ) www.nytimes.com time to read: +1 min

They were there to plan for the reconstruction and long-term economic development of Gaza. Gaza was under relentless bombardment by Israeli military forces in response to terrorist attacks launched by Hamas in October. Communities throughout the territory were being reduced to rubble, and tens of thousands of people had been killed. The group included senior officials from American and European economic development agencies, executives from Middle Eastern finance and construction companies, two partners from the international consulting firm McKinsey & Company, and a managing director of the World Economic Forum. Officially, they were attending only as individuals, not as representatives of their institutions.

Organizations: Middle, McKinsey & Company, Economic Locations: London, East, Europe, United States, Gaza

☆ Why It’s So Expensive to Live in Phoenix
▼ + stars: | 2024-03-29 | by ( Peter S. Goodman | ) www.nytimes.com time to read: +1 min

In the five years since they began their life together in the desert sprawl of greater Phoenix, Devon Lawrence and Eren Mendoza have bounced from one itinerant home to another. They have camped alongside a freeway off-ramp, using a gas station sink as their bath and a plastic tarp as their refuge from the relentless sun. For the last two years, they have crammed into rooms at motels, paying as much as $650 a week. Ms. Mendoza and Mr. Lawrence are both 32, and both have jobs. Yet they have been stymied in their reach for a modest dream: They cannot find an affordable home in a safe neighborhood in Phoenix, where rents have roughly doubled over the last decade.

Persons: Devon Lawrence, Eren Mendoza, Mendoza, Lawrence, Ms, “, ” Organizations: Mr Locations: Phoenix

☆ Another Wayward Container Ship Shows World Trade’s Fragility
▼ + stars: | 2024-03-27 | by ( Peter S. Goodman | ) www.nytimes.com time to read: +1 min

Between swirling geopolitical winds, the variables of climate change and continued disruptions resulting from the pandemic, the risks of depending on ships to carry goods around the planet were already conspicuous. The pitfalls of relying on factories across oceans to supply everyday items like clothing and critical wares like medical devices were at once vivid and unrelenting. Off Yemen, Houthi rebels have been firing missiles at container ships in what they say is a show of solidarity with Palestinians in the Gaza Strip. In Central America, a dearth of rainfall, linked to climate change, has limited passage through the Panama Canal. That has impeded a crucial link between the Atlantic and the Pacific, delaying shipments to the East Coast of the United States from Asia.

Organizations: Atlantic, Pacific Locations: Baltimore, Patapsco, American, Yemen, Gaza, Suez, Asia, Europe, Africa, Central America, Panama, East Coast, United States

☆ For Michigan’s Economy, Electric Vehicles Are Promising and Scary
▼ + stars: | 2024-02-19 | by ( Peter S. Goodman | ) www.nytimes.com time to read: +1 min

That yielded a pay raise of 25 percent over the next four years, easing the pain of reductions that she and other union workers swallowed more than a decade ago. But as Ms. Simmons, 38, contemplates prospects for the American auto industry in the state that invented it, she worries about a new force: the shift toward electric vehicles. The Biden administration has embraced electric vehicles as a means of generating high-paying jobs while cutting emissions. It has dispensed tax credits to encourage consumers to buy electric cars, while limiting the benefits to models that use American-made parts. But autoworkers fixate on the assumption that electric cars — simpler machines than their gas-powered forebears — will require fewer hands to build.

Persons: Tiffanie Simmons, S.U.V.s, Simmons, President Biden, Biden, Mr Organizations: Ford Motor, United Automobile Workers Locations: Detroit

☆ 'This is the mental health moment': Innovation and M&A are helping to boost these stocks to new heights
▼ + stars: | 2024-02-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +14 min

There's been a lot of chatter about the mental health crisis since the Covid-19 pandemic. Attention to a long-time crisis The mental health crisis is nothing new. However, there has also been a growing awareness and acceptance of mental health illnesses over the past decade, said Canaccord Genuity analyst Richard Close. "There's been recognition that mental health has a significant impact on a person's overall health," he said. "This is the mental health moment," said Dr. Ken Duckworth, NAMI's chief medical officer and author of "You Are Not Alone: The NAMI Guide to Mental Health."

Persons: There's, Covid, Peter Micca, AbbVie, Emraclidine, Myers Squibb, Karuna, Marc Goodman, Canaccord, Richard Close, MacKenzie Scott, Ken Duckworth, NAMI, Deloitte's Micca, William Blair, Myles Minter, Minter, Auvelity, Leerink's Goodman, Ashwani Verma, Verma, Goodman, BioHaven, Cerevel, Neumora, tardive, David Song, BetterHelp, psychedelics Johnson, Johnson, Spravato, Blair's Minter, Axsome, Micca, Michael Bloom Organizations: Institute for Health Metrics, Deloitte, Cerevel Therapeutics, Karuna Therapeutics, Bristol Myers, Leerink Partners, Centers for Disease Control, National Alliance, Mental, Mental Health, Wall Street, Therapeutics, Neumora Therapeutics, UBS, Karuna, Cellular Therapies, Xenon Pharmaceuticals, Neurocrine Biosciences, Acadia Pharmaceuticals, Tema Neuroscience, Axsome Therapeutics, Acadia Healthcare, BetterHelp, CNBC, pharma, Cellular Locations: Covid, Bristol, XEN1101, Acadia, Tema

☆ John Goodman says he cringes looking back at his acting in 'Barton Fink'
▼ + stars: | 2024-02-11 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

John Goodman's favorite Coen brothers movie is "Barton Fink" but he feels he could have done better in certain scenes. "A couple of things make me cringe," he told Business Insider. AdvertisementOf all the Coen brothers movies John Goodman has starred in, he says his favorite is 1991's "Barton Fink." In a recent chat for Business Insider's "Role Play" series, Goodman, 71, said he'd "love another shot" at "Barton Fink." This story is available exclusively to Business Insider subscribers.

Persons: John Goodman's, Coen, Barton Fink, he'd, Babe Ruth, —, John Goodman, Goodman, John Turturro Organizations: Service, Business Locations: New York, Los Angeles

☆ Oakland A’s: Las Vegas mayor rebuffs MLB team’s move to town – but then backtracks
▼ + stars: | 2024-02-07 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +3 min

Major League Baseball owners unanimously voted in November to approve the relocation of the A’s out of the Bay Area, where they have played since 1968, to Las Vegas. The team’s lease at Oakland-Alameda County Coliseum ends following the 2024 season, and the franchise is set to start playing baseball in Nevada in 2028 in a new stadium on the Las Vegas Strip at Las Vegas Boulevard and Tropicana Avenue, on the site of the Tropicana hotel. Fans sit behind signs referencing plans for the Oakland Athletics to move to Las Vegas during a game against the Atlanta Braves at RingCentral Coliseum on May 29, 2023. Loren Elliott/Getty ImagesBut when the owners chose the nine-acre Tropicana site, Goodman said: “I thought, ‘This doesn’t make sense. She added: “And then I thought because they really want to stay in Oakland.

Persons: Carolyn Goodman isn’t, “, they’ve, ” Goodman, Goodman, FOS, Loren Elliott, ”, Rob Manfred, John Fisher, 3dOXfFuq3d, Carolyn G Organizations: CNN, Las Vegas, Oakland Athletics, Front Office, Tropicana, Major League Baseball, Oakland, Alameda County, Las, Atlanta Braves, RingCentral Coliseum, MLB, Raiders, Golden Knights, Aces, NFL’s Raiders, Athletics Locations: Sin City, Oakland, Bay, Las Vegas, Nevada, Las, …, “, Vegas

Toni Irizarry recognizes that the economy has improved. Compared with the first wave of the pandemic, when Las Vegas went dark, and joblessness soared to levels not seen since the Great Depression, these are days of relative normalcy. Ms. Irizarry, 64, oversees a cafe at the Orleans Hotel and Casino, a property just off the Las Vegas Strip that caters mostly to locals. Guests have returned, filling the blackjack and roulette tables amid the cacophony of jingling slot machines — the sound of money. Her paychecks have allowed her to purchase a home, raise three children and buy each of them their first car.

Persons: Toni Irizarry, Irizarry Organizations: Las Vegas, Orleans, Vegas Locations: Casino

☆ How Nevada Is Pushing to Generate Jobs Beyond the Casinos
▼ + stars: | 2024-02-05 | by ( Peter S. Goodman | ) www.nytimes.com time to read: +1 min

Before the pandemic brought everyday life to a halt, Joe Kiele supported himself through the industry that dominates Nevada’s economy. Four years later, Mr. Kiele, 49, remains in Reno, yet he now spends his workday inside a factory. In place of worrying about the doneness of a customer’s rib-eye, he trains people on the proper handling of industrial chemicals. It extracts critical minerals like nickel, lithium, copper and cobalt, and uses them to manufacture components for electric vehicle batteries. In recent years, they have tried to secure investment from companies engaged in the transition toward green energy.

Persons: Joe Kiele, Kiele, Nevada’s Organizations: Reno ., Redwood Locations: Reno

☆ Don’t Bet on This Former Vegas Mayor Being at the Super Bowl
▼ + stars: | 2024-02-04 | by ( Ken Belson | ) www.nytimes.com time to read: +1 min

It was just after 4 p.m. on a recent weekday, and Oscar Goodman, the mob lawyer turned Las Vegas mayor turned civic cheerleader, was sipping perhaps his first Hizzoner of the day. The drink — made with Bombay Sapphire gin, more Bombay Sapphire gin and a slice of jalapeño pepper, served in a large martini glass — is not just Mr. Goodman’s favorite social lubricant. It’s a homage to a faded version of Las Vegas that he has spent decades celebrating and trying to keep alive. Mr. Goodman, 84, has no trouble dishing out bare-knuckle opinions about everything from graffiti and gambling to prostitution and the homeless situation. Mr. Goodman is more than merely an “only in Vegas” relic, however.

Persons: Oscar Goodman, —, Goodman, Meyer Lansky, Tony Spilotro, . Goodman Organizations: Las Vegas Locations: Las, Bombay, Vegas, Las Vegas, Sin City

☆ Iowans weigh Trump’s legal woes as they decide who to back in caucuses
▼ + stars: | 2024-01-13 | by ( Arit John | ) edition.cnn.com time to read: +7 min

Ames, Iowa CNN —Teresa Garman has attended decades worth of Iowa caucuses, but views Monday’s meeting as the most consequential. In interviews, Iowans expressed an array of opinions on Trump’s legal problems, from anger over what they say they believe is a “witch hunt,” echoing the former president’s criticism, to a desire to move on and focus on issues plaguing the country. Among those who were not considering the former president, 57% said Trump was controversial and 48% said they were concerned about his legal issues. “If Trump is the nominee, it’s going to be about January 6, legal issues, criminal trials,” DeSantis said during a CNN debate Wednesday. “I think that Vivek is, in a roundabout way, even better for Trump than Trump being in there,” Sherman said.

Persons: Iowa CNN — Teresa Garman, Ron DeSantis –, he’ll, Donald Trump, “, Trump, ”, ” Trump, –, Iowans, Nikki Haley, DeSantis, Vivek Ramaswamy, Haley, Ramaswamy, Donald Trump Jr, Joe Biden, ” Marian Webster, she’s, Biden, – Webster, it’s, ” DeSantis, Sandy Wigdahl, It’s, ” Dan Boyle, caucusing, Boyle, “ He’s, He’s, ” Boyle, I’ll, Trump’s, Pat Goodman, Goodman, ” Goodman, ” Ramaswamy, Loren Sherman, Vivek ”, Sherman, Vivek, ” Sherman, “ Vivek, Ebony Davis, Kit Maher, Veronica Stracqualursi Organizations: Iowa CNN, Ames, Florida Gov, Iowa, Trump, ” Trump –, GOP, Hawkeye State, Former South Carolina Gov, CBS, Tower, CNN, UN, West Des Moines, Ramaswamy Locations: Ames, Iowa, Florida, Colorado, New York, Urbandale, Ankeny, Des Moines, Clive, West Des, Waukee

☆ House Speaker Mike Johnson campaigned with disgraced reality TV Star Josh Duggar, one of several accused sex offenders connected to his 'mentor' Tony Perkins
▼ + stars: | 2023-11-18 | by ( Jacqueline Sweet | ) www.businessinsider.com time to read: +8 min

Speaker Mike Johnson campaigned with now-disgraced reality TV star Josh Duggar years ago in Louisiana. Johnson called Duggar, now in prison for child pornography, a "friend" when the two campaigned for now-U.S. According to the Washington Post, "Perkins goes way back with the Duggar family." According to the Washington Post, Perkins was close to Duggar's father Jim Bob Duggar , who served in the Arkansas House of Representatives from 1999 to 2003. Calls and emails to Perkins and Duggar family lawyers were not immediately returned.

Persons: Mike Johnson, Josh Duggar, Johnson, Tony Perkins, Bill Cassidy, —, Duggar, Perkins, Mike Huckabee, Rick Santorum, Ted Cruz, Bobby Jindal, Sen, Santorum, Raj Shah, Shah, Josh, Duggar's, Jim Bob Duggar, InTouch, Jim Bob, Paul, Pressler's, Pressler, Wesley Goodman, Perkins acolyte, Goodman, Donald Trump, Paul Pressler Organizations: Family Research, Service, Louisiana Republican, Business, Washington Post, GOP, Pennsylvania Republican, Washington , D.C, FRC, InTouch, Paul Pressler School of Law, Louisiana College, Pressler, Southern Baptist Convention, Council for National Policy, The Washington Spectator Locations: Louisiana, U.S, Washington ,, Shreveport, Arkansas, Ohio

☆ The Rise and Fall of the World’s Most Successful Joint Venture
▼ + stars: | 2023-11-14 | by ( Peter S. Goodman | More About Peter S. Goodman | ) www.nytimes.com time to read: +1 min

For more than a quarter century, the fortunes of the United States and China were fused in a uniquely monumental joint venture. Americans treated China like the mother of all outlet stores, purchasing staggering quantities of low-priced factory goods. Major brands exploited China as the ultimate means of cutting costs, manufacturing their products in a land where wages are low and unions are banned. As Chinese industry filled American homes with electronics and furniture, factory jobs lifted hundreds of millions of Chinese from poverty. China’s leaders used the proceeds of the export juggernaut to buy trillions of dollars of U.S. government bonds, keeping America’s borrowing costs low and allowing its spending bonanza to continue.

Persons: Niall Ferguson, ” Organizations: Communist Party Locations: United States, China

Students from India now outnumber those from China in 24 U.S. states, including Illinois, Texas and Michigan, which rank among the top destinations for international students. For the second consecutive year, America's graduate programs were the main attraction for international students, the study finds. Taken together, those three fields account for more than half of all international students in the United States. The surge nearly brings international numbers back to their pre-pandemic highs, with a peak of almost 1.1 million students in 2018. University leaders say they're important for global exchange, and they're also important for revenue — international students are usually charged higher tuition rates, effectively subsidizing college for U.S. students.

Persons: ”, Allan E, Goodman, Marianne Craven, they're Organizations: WASHINGTON, —, U.S, State Department, Institute of International Education, State, United Nations, Engineering, University, ., National, Associated Press, Carnegie Corporation of New, AP Locations: India, U.S, China, United Kingdom, Canada, Asia, United, Illinois , Texas, Michigan, United States, South Korea, Vietnam, Taiwan, Nigeria, Bangladesh, Colombia, Ghana, Italy, Nepal, Pakistan, Spain, Carnegie Corporation of New York

LAS VEGAS (AP) — The former Southern California street gang leader charged with killing Tupac Shakur in 1996 in Las Vegas has lost his bid to be represented at his arraignment by the lawyer who spoke publicly about his defense two weeks ago. The judge also could name a defense attorney in private practice to represent Davis at taxpayer expense, or assign a special public defender from the county, an alternate roster of possible court-appointed attorneys. Political Cartoons View All 1230 Images“We're just not sure at this point how this will play out and who will end up representing him,” said Jordan Savage, assistant special public defender. Edi Faal, Davis’ longtime personal lawyer in Los Angeles, said Wednesday he expected that a special public defender would be named to represent Davis. Davis is expected to plead not guilty to a murder charge that could put him in prison for the rest of his life.

Persons: Tupac Shakur, Ross Goodman, Duane Keith “ Keffe, ” Davis, Goodman, Davis, Tierra Jones, Scott Coffee, ”, Jordan Savage, Davis ’, Faal, Shakur, Marion “ Suge, Knight, he’s, Shakur’s, Orlando, Lane ” Anderson, Anderson, Marc DiGiacomo, Suge Knight Organizations: LAS VEGAS, Associated Press, Edi, AP, ” Prosecutors, West Coast, Davis Locations: Southern California, Las Vegas, Clark County, Clark, Los Angeles, Nevada, Compton , California, Compton, East Coast, Las

☆ At unicorn startup Carta, a culture of absolute fealty to an erratic and vindictive CEO, employees say
▼ + stars: | 2023-10-24 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +17 min

Both men remained valued employees at Carta, with the sales representative even getting promoted just weeks after the alleged "helicopter penis" incident, according to former employees. CEO Henry Ward cofounded Carta, originally called eShares, in 2012 as a service for startups to digitize their paper stock certificates. Today Carta helps startups track their investors, employees manage their equity awards, and venture capitalists administer their funds. The lawsuit says that 10 days after Rogers filed her complaint, Ward "began treating Ms. Rogers in an aggressive and demeaning manner during several meetings." Many of the employees who have spoken out publicly about Carta and Ward have found themselves embroiled in expensive legal battles.

Persons: Lisa Whittaker, Whittaker, Jerry Talton, David Kim, Andrea Lamari, Kim, Henry Ward, Andreessen Horowitz, Ward, Henry, Alex Kurland, Carta, Peter Thiel, Simon Cowell, Talton's, Suzanne Elovic, Elovic, Lamari, Jeff Perry, Perry, salespeople, JT Goodman, Goodman, Goodman didn't, Jeff Perrry, Allie Rogers, Rogers, Rodgers, Rachel Mayes, Ward doesn't, Mayes, Jeff, Jeff Perry countersued, Orrick Herrington, Sutcliffe, Kleiner Perkins, Ellen Pao, Amanda Sheets, Sheets, Pushback, Lindauer, Whitaker, Whittaker wasn't, Barbara Byrne, Byrne, Talton, Joe Osnoss, Osnoss, Heidi Johnson, Johnson Organizations: Carta, UBS, Gold Club, Lightspeed, California Civil Rights Department, Meritech, YouTube, Win, York Stock Exchange, San, San Francisco Superior, San Francisco Superior Court, Barclays, Lehman Brothers, Montana Human Rights Bureau Locations: San Francisco, Brazil, Silicon Valley, California, Palo, Iranian, Lindauer, Silver, Montana

☆ How Columbia Sportswear Is Loosening Its Ties to Asia
▼ + stars: | 2023-10-24 | by ( Peter S. Goodman | More About Peter S. Goodman | ) www.nytimes.com time to read: +1 min

His company, Columbia Sportswear, had long relied on plants in Asia to make its clothing, but that appeared increasingly precarious. A trade war undermined the benefits of using Chinese factories to keep Americans stocked with windbreakers and fleece pullovers. As Columbia’s head of apparel manufacturing, Mr. Burton, 52, was responsible for diminishing the risks. He visited Zuntex Apparel, a factory in Guatemala City that was already making modest quantities of Columbia’s hooded sweatshirts and button-down fishing shirts. When Mr. Burton reached the back of the cavernous plant, he gawked at an array of Italian-made machines capable of printing elaborate designs that could be pressed onto clothing.

Persons: Stan Burton, Burton Organizations: Apparel Locations: Guatemalan, Columbia, Asia, Central America, United States, Guatemala City

☆ Suleika Jaouad and Jon Batiste open the doors to their Brooklyn townhouse
▼ + stars: | 2023-10-04 | by ( Christy Choi | ) edition.cnn.com time to read: +5 min

Newly home to best-selling author, activist and motivational speaker Suleika Jaouad and Grammy-winning musician, singer-songwriter and TV personality Jon Batiste, the 1890s Italianate townhouse in Brooklyn, New York is a potent space for them to live and create. Jon Batiste pictured in the studio lounge of the Brooklyn home he shares with author Suleika Jaouad. “The vision for the house was deeply tied to who Jon and I are as humans — to our creativity and our lineage,” Jaouad wrote. Jaouad recalled Batiste exaggeratedly exclaiming, in reference to a lamp: “Now this light is healing!”“It cracked us up, and we put it on repeat,” she wrote. Fried chicken sandwiches and champagne were served to the small group of guests, while Batiste serenaded Jaouad on a grand piano he rented for the night.

Persons: CNN —, Suleika Jaouad, Jon Batiste, Jaouad, “, ”, Frank Frances, Hallie Goodman, Jon, ” Jaouad, Jaouad’s, Mokhtar Lahmar, Designway, Batiste exaggeratedly, Batiste, Goodman, — Organizations: CNN, Architectural, Brooklyn, New, Facebook Locations: Brooklyn , New York, —, “, Tunisia, New Orleans, Nabeul, French, Quittner

☆ ObamaCare Turns Out to Be Affordable Only for the Healthy
▼ + stars: | 2023-09-14 | by ( John C. Goodman | Beverly Gossage | ) www.wsj.com time to read: 1 min

Journal Editorial Report: Medicare's "negotiation" with pharmaceutical companies will slow the development of new cures. Images: AP/Reuters Composite: Mark KellyWhen Democrats passed the Affordable Care Act of 2010, President Obama and lawmakers made the same claim over and over: The act would make good, affordable health insurance available to people with pre-existing conditions. The actual result has been the opposite. ObamaCare makes health insurance as good as possible for the healthy and as bad as possible for the sick.

Persons: Mark Kelly, Obama, ObamaCare Organizations: Reuters

For most of his 57 years on the island of Sulawesi, Jamal was accustomed to scarcity, modest expectations and a grim shortage of jobs. The factory was built by a company called PT Dragon Virtue Nickel Industry, a subsidiary of a Chinese mining giant, Jiangsu Delong Nickel. Indonesia had recently banned exports of raw nickel to attract investment into processing plants. They were eager to secure nickel for factories at home that needed the mineral to make batteries for electric vehicles. They were intent on moving the pollution involved in the nickel industry away from Chinese cities.

Persons: Jamal, Jiangsu Delong Organizations: Industry Locations: Sulawesi, Kendari, Jiangsu, Indonesia

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