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☆ MDMA therapy could be legalized by summer. Why are so many advocates sounding the alarm?
▼ + stars: | 2024-05-13 | by ( Anna Silman | ) www.businessinsider.com time to read: +52 min

Last summer, thousands of tie-dyed Burners and Patagonia-clad tech founders converged on the MAPS Psychedelic Science conference in Denver. The experience "broke the spell of this trauma, and she was able to rebuild her life," Doblin told The Guardian . The video team's job was to store recordings of every MDMA therapy session performed in the clinical trials. Grof believes in something called an "inner healing intelligence," an innate capacity for self-healing that psychedelic therapy helps unleash. Another time, a patient who had come to an MDMA therapy session later acknowledged they had been under the influence of LSD during treatment.

Persons: Jaden Smith, Aaron Rodgers, bro, Andrew Huberman, Rick Doblin, Doblin, mainstreaming psychedelics, influencers, Johnson, Elizabeth Nielson, Aubrey Marcus, ayahuasca, Matthew Stockman, Helena —, Timothy Leary, —, Hitler, Stanislav Grof, zombified, Brad Burge, Michael Mithoefer, Annie Mithoefer, Oprah, Sen, Joe Biden, MDMA's neurotoxicity, they'd, Albert Hofmann, David Bronner, Dr, Joe's, Bronner, Bronner's, Richard Rockefeller, John D, Rockefeller Jr, Rockefeller, Neşe, Johns Hopkins, who's, Devenot, Rick Friedman, Betty Aldworth, MAPS's multimillionaire, Tim Ferriss, Cody Swift, Zendo, Aldworth, Erica Siegal, Seth Whitelaw, Amy Emerson, JULIE JAMMOT, Ifetayo Harvey, Harvey, Lauren Unger, Unger, Casey Hardison, Harvey didn't, Hardison, Doblin's, Baylee Ybarra Gatlin, Gatlin, negligently, There's, Michael Pollan's, Steve Jurvetson, Elon Musk's who's, Genevieve, Steve Cohen, Alexandra, Mark Zuckerberg's, Dustin Moskovitz, Cari, Gwyneth Paltrow, Paltrow, Sergey Brin, Joe Green, Green, Zuckerberg, Genevieve Jurvetson, Michael Pollan, Jonathan Lubecky, he'd, Rebekah, Robert Mercer, Elizabeth Koch, Charles Koch, Rachel Nuwer, Koch, she'd, MAPS's, Elizabeth Crystal, Joe Rogan, didn't, Jesus Christ, Crystal, Meaghan Buisson, Richard Yensen, Donna, Yensen, Buisson, weren't, Robert, Rebekah Mercer, Sean Zanni, Grof, They've, Kayla Greenstien, it's, George Sarlo who'd, Vicky Dulai, Sarlo's, Dulai, Gul Dolen, Michael Mullette, who'd, Marla Aufmuth, Mullette, Lily Kay Ross, David Nickles, Ross, Greenstien, Rick, Lenny Ignelzi, biostatisticians, Lykos, Peter Thiel, Kara Swisher, Kris Lotlikar, Federico Menapace, Mo Septimus, Handout, Monnica, Williams, Lotlikar, Henry Elkus, Helena ., Elkus, Emerson, ICER Organizations: Science, New York Jets, rockstar, Multidisciplinary Association for Psychedelic Studies, Lykos Therapeutics, and Drug Administration, FDA, Business, Florida's New College, Jewish Telegraphic Agency, Sarasota Herald, Tribune, New College, Guardian, Drug, Harvard's Kennedy School of Government, eBay, Nevada, Doblin, Pentagon, Department of Veterans Affairs, Department of Defense, Staff, Corporation, PBC, pharma, New Yorker, New York Mets, Bloomberg, CBS, Breitbart, CBC News, BI, Porsche, Santa Cruz, New York Times, longtime, Mullette Corporation, New York, Health Canada, Compass, Sciences, Psychedelic Science, Whole Foods, McKinsey, Big Pharma, Vine Ventures, Lucid, Street Journal, Investments, Gawker, Publicly, PBC alums, Numinus, US Army Locations: Patagonia, Denver, Harvard, Colorado, Skokie , Illinois, Ireland, Czech, Sarasota, Arcturus, Florida, Swiss, Vietnam, Washington, Santa Cruz, Chicago, California, Iraq, British Columbia, New York, Hawaii, Santa, Nature, Moderna, Europe, Helena, Yale, Australia, Canada, Israel, Ukraine, ICER, . Upper

NEW YORK (AP) — “I always know, because I've lived life long enough, you can change things," Bethann Hardison said at the start of "Invisible Beauty,” a new documentary focused on her more than five decades in fashion. “She has changed the way beauty is defined.”Hardison co-wrote and co-directed the film with Frédéric Tcheng ("Halston," “Dior and I”). TCHENG: I didn't know who Bethann was when I was asked to do a short film when she received the Council of Fashion Designers of America’s Founder's Award (2014). She’s really changed the way fashion looks. I think the fashion model might be here to stay, but I have my foot on the clutch, just in case.

Persons: — “, I've, Bethann Hardison, Hardison, ” Tracee Ellis Ross, “, ” Hardison, Frédéric, “ Dior, Frédéric Tcheng, hadn’t, America’s Organizations: Garment District, Girls ' Coalition, Diversity Coalition, of Fashion Designers Locations: “, Versailles, ”, New York, London, Paris, Milan, Brooklyn

☆ Opinion | Has the Supreme Court Gone Overboard in How It Favors Religion?
▼ + stars: | 2023-07-08 | by ( Kate Shaw | ) www.nytimes.com time to read: +2 min

The court’s Groff opinion shows a different aspect of the trajectory of religious rights. It involved an evangelical Christian who for religious reasons did not wish to work on Sundays. When his employer, the Postal Service, began Sunday deliveries at his location, he initially sought and received a transfer. He filed a lawsuit arguing that the service was required to do more to accommodate his Sunday Sabbath practice. By elevating one set of needs — religious obligations — above all others, the court has undermined the ability of employers to respond to a diverse work force in ways that fairly account for different needs.

Persons: Groff, Alito, Smith Organizations: Postal Service, Airlines

The Supreme Court ordered the 3rd Circuit to reconsider the matter. The Supreme Court, with its 6-3 conservative majority, has a track record of expanding religious rights, often siding with Christian plaintiffs. Groff's attorneys had asked the Supreme Court to overturn the Hardison precedent and require companies to show a "significant difficulty or expense" before denying an accommodation. The Postal Service in 2013, in a bid to remain profitable, contracted with Amazon.com to deliver packages, including on Sundays. His absences caused tension among other carriers who had to cover his shifts, the Postal Service said.

Persons: Gerald Groff, Hardison, Groff, Andrew Chung, Will Dunham Organizations: U.S, Supreme, Postal Service, Circuit, Appeals, Civil, VII, Airlines, Amazon.com, Thomson Locations: Pennsylvania, Philadelphia, Pennsylvania's Lancaster, United States, Colorado, Washington

Postal Service for alleged religious discrimination is set for U.S. Supreme Court review on April 18, poses in an undated handout image taken at an unknown location. Postal Service over his refusal to work on Sundays gives the Supreme Court another chance to widen religious rights but also has led to a debate over whether religious people are more legally deserving than others to weekend days off from work. The court, with its 6-3 conservative majority, has a track record of expanding religious rights in recent years, often siding with Christian plaintiffs. The Postal Service in 2013, in a bid to remain profitable, contracted with Amazon.com to deliver packages, including on Sundays. His absences caused tension among other carriers who had to cover his shifts, the Postal Service said.

☆ Warner Bros. 4Q Results Weighed Down by Soft Ad Sales, Restructuring Costs
▼ + stars: | 2023-02-24 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Warner Bros. Discovery’s holdings include movie and television studios, among other properties. Warner Bros. Discovery Inc.’s fourth-quarter revenue came in below Wall Street expectations, and it reported a wider-than-expected loss, as lower TV-licensing revenue, advertising challenges and restructuring costs weighed on results. The New York-based media giant, whose holdings include movie and television studios, CNN and HBO, and Discovery channels such as Food Network and HGTV, reported revenue of $11.01 billion for the three months that ended Dec. 31. Analysts polled by FactSet expected $11.20 billion in revenue.

☆ McKinsey Intends to Eliminate as Many as 2,000 Jobs
▼ + stars: | 2023-02-21 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

The cuts would be one of the company’s biggest headcount reductions to date. McKinsey & Co. plans to eliminate thousands of positions, adding the consulting giant to a wave of companies that are cutting corporate jobs. The firm, which is known for helping companies streamline their operations, could shed as many as 2,000 jobs in what would be one of its biggest headcount reductions to date, according to a person familiar with the matter.

☆ Abbott Laboratories to Acquire Cardiovascular Systems At Equity Value of $890M
▼ + stars: | 2023-02-09 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/abbott-laboratories-to-acquire-cardiovascular-systems-at-equity-value-of-890m-11675903811

☆ Lyft Shares Fall After Unexpected Loss, Downbeat Revenue Outlook
▼ + stars: | 2023-02-09 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Lyft expects its revenue in the current quarter to miss the roughly $1 billion forecast by Wall Street. Lyft Inc. shares plunged after the ride-hailing company posted an unexpected loss in the fourth quarter and said first-quarter revenue would come in below Wall Street expectations. The company on Thursday reported an adjusted loss of 74 cents per share, while analysts were looking for a profit, according to FactSet. For the latest quarter, Lyft’s net loss widened to $588.1 million, or $1.61 a share, from $283.2 million, or 83 cents a share, in the year prior.

☆ Mattel Earnings Plunge as Sales Fell 22% in Holiday Period
▼ + stars: | 2023-02-08 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Mattel Inc.’s fourth-quarter earnings plunged as sales fell 22% after cash-strapped consumers pulled back on spending and last-minute holiday purchases weren’t enough to lift results. The maker of Barbie dolls and Hot Wheels cars said Wednesday that overall revenue declined to $1.4 billion in the period that ended Dec. 31 amid a macroeconomic environment that was more challenging than it anticipated. Profit came in at $16.1 million, down 93% from $225.8 million a year earlier. Both measures missed Wall Street expectations.

☆ Mondelez Expects Fewer Price Increases This Year
▼ + stars: | 2023-02-01 | by ( Jaewon Kang | Kathryn Hardison | ) www.wsj.com time to read: 1 min

Mondelez International Inc. said its costs remain high, though the snack and candy producer doesn’t anticipate boosting prices for its products at the same level as in 2022. Chicago-based Mondelez, which makes Oreo cookies and Triscuit crackers, said it has raised its prices because of higher costs of energy, transportation and labor. The company said it increased prices in the U.S. in December and is negotiating in Europe.

☆ AIG Terminates Interim Finance Chief Mark Lyons
▼ + stars: | 2023-01-31 | by ( Kathryn Hardison | ) www.wsj.com time to read: +1 min

American International Group Inc. said it terminated Mark Lyons from his position as the interim chief financial officer and executive vice president, global chief actuary and head of portfolio management after the company became aware that he violated his confidentiality and nondisclosure obligations. AIG said it entered into a settlement agreement with Mr. Lyons. Mr. Lyons joined the company in 2018 and previously served as the CFO. Mr. Lyons couldn’t immediately be reached for comment. AIG said Sabra Purtill has been named interim CFO and Turab Hussain has been named the interim global chief actuary.

☆ DirecTV Adding Conservative Channel The First After Dropping Newsmax
▼ + stars: | 2023-01-27 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Bill O’Reilly’s show ‘No Spin News’ is one of the programs on The First television network. DirecTV will add The First, a conservative opinion and commentary network, to its lineup after recently dropping right-wing channel Newsmax. The satellite service said Thursday that The First will soon be available to its DirecTV, DirecTV Stream and U-Verse customers at no additional cost through a multiyear agreement. The new channel, which features programs such as “No Spin News” with Bill O’Reilly, will also be available on its DirecTV TV Everywhere websites and apps.

☆ Campbell Soup Names New CFO as It Looks to Continue Strong Growth
▼ + stars: | 2023-01-26 | by ( Jennifer Williams-Alvarez | Kathryn Hardison | ) www.wsj.com time to read: +3 min

Campbell Soup Co. appointed its next finance chief as the soup and snack maker looks to build on its recent growth. The Camden, N.J.-based company on Wednesday said Carrie Anderson will become chief financial officer, effective Feb. 6. Carrie Anderson, incoming CFO at Campbell Soup Co. Photo: Campbell Soup Co.Ms. Anderson is set to join Campbell from medical technology company Integra LifeSciences Holdings Corp. , where she has been CFO since June 2019. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. Campbell’s brands include its namesake soup, Prego sauces, Pepperidge Farm snacks and breads, and Cape Cod potato chips.

☆ Nordstrom Holiday Sales Decline as Shoppers Tighten Belts
▼ + stars: | 2023-01-20 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Nordstrom has been working to aggressively lower inventory levels, with more markdowns taken in the final weeks of the year. Nordstrom Inc. became the latest retailer to report declining holiday sales as consumers tightened their spending amid persistent economic challenges. The department-store chain said Thursday that sales during the nine weeks that ended Dec. 31 declined 3.5% from a year earlier, leading the Seattle-based company to adjust its full-year forecast.

WASHINGTON — The Supreme Court on Friday agreed to hear an evangelical Christian mail carrier's employment discrimination claim in a case that could force employers to do more to accommodate the religious practices of their workers. Postal Service could have granted his request that he be spared Sunday shifts based on his religious belief that it is a day of worship and rest. Based on his request for an accommodation, his managers arranged for other postal workers to deliver packages on Sundays until July 2018. Upon resigning, he sued the Postal Service for failing to accommodate his request. In the earlier ruling, the court said that employers are not required to make accommodation if it would impose even a minimal burden.

☆ Hanesbrands CFO Michael Dastugue Resigns; Scott Lewis Named Interim CFO
▼ + stars: | 2023-01-13 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Hanesbrands Inc. said Thursday that Chief Financial Officer Michael Dastugue has resigned, effective Feb. 28, due to family reasons. The apparel company named Scott Lewis, its chief accounting officer and controller, as the interim finance chief until a successor is appointed. The company has initiated a search for a permanent CFO. Mr. Dastugue will continue to serve in a financial consultancy position through the second quarter, the company said. Write to Kathryn Hardison at kathryn.hardison@wsj.comCopyright ©2022 Dow Jones & Company, Inc. All Rights Reserved.

☆ AMD, Marvell Technology Name New CFOs
▼ + stars: | 2023-01-12 | by ( Kathryn Hardison | ) www.wsj.com time to read: +1 min

Marvell Technology Inc. has appointed Willem Meintjes as its chief financial officer, succeeding Jean Hu as she takes on the CFO role for Advanced Micro Devices Inc.Mr. Meintjes will assume the position on Jan. 20, Marvell Technology said Wednesday. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. PREVIEW Ms. Hu will become the CFO and executive vice president at Advanced Micro Devices on Jan. 23, according to a separate announcement. Mr. Meintjes has served as Marvell’s chief accounting officer and treasurer since 2018. He joined the company in 2016 as a senior vice president of finance.

☆ AIG Finance Chief Takes Temporary Medical Leave
▼ + stars: | 2023-01-11 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

American International Group Inc. said Tuesday that Chief Financial Officer Shane Fitzsimons is taking a temporary medical leave of absence. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. PREVIEWMark Lyons, who previously served as the company’s CFO, has been appointed as the interim CFO. Mr. Lyons will continue to serve in his role as the global chief actuary and head of portfolio management, the insurance company said. Write to Kathryn Hardison at kathryn.hardison@wsj.comCopyright ©2022 Dow Jones & Company, Inc. All Rights Reserved.

☆ Business-Software Companies Say Customers Are Pulling Back Amid Economic Concerns
▼ + stars: | 2022-12-04 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Salesforce said its business customers are adopting behaviors typically seen in an economic downturn. Attendees at its 2022 Dreamforce conference in San Francisco. Business-software companies say customers are being more cautious with their spending in response to a challenging economy, adding to the tech industry’s list of concerns. Customers for companies such as Salesforce Inc., Okta Inc. and CrowdStrike Holdings Inc. are taking longer to sign deals, and in some cases slowing their hiring plans as they try to protect their bottom lines, the software providers reported this past week. That trend has created a cloudy outlook for many in the once-booming business-software sector, which benefited from years of demand as customers looked to use the products to trim costs and maintain their businesses during the pandemic.

☆ Salesforce Co-CEO Bret Taylor to Step Down
▼ + stars: | 2022-11-30 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Bret Taylor was elevated to the co-CEO role at Salesforce a year ago. Salesforce Inc. said Bret Taylor will depart as co-CEO of the business-software company with co-founder and co-CEO Marc Benioff becoming the sole chief executive. “After a lot of reflection, I’ve decided to return to my entrepreneurial roots,” Mr. Taylor said, adding that “now is the right time for me to step away.”

The toy industry needs a Christmas miracle. Stores are overflowing with Legos and Barbies. Retailers are slashing prices and in some cases tapering orders from manufacturers to clear their shelves. Shoppers have pulled back on purchases amid high costs of gas and food, many of them waiting until after Black Friday for toy prices to drop further or spread out their spending.

The toy industry needs a Christmas miracle. Stores are overflowing with Lego sets and Barbies. Retailers are slashing prices and in some cases tapering orders from manufacturers to clear their shelves. Shoppers have pulled back on purchases amid high costs of gas and food, many of them waiting until after Black Friday for toy prices to drop further or spread out their spending.

☆ Carvana Plans to Lay Off 1,500 Employees, Cites Economic Concerns
▼ + stars: | 2022-11-18 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Carvana Co. plans to lay off about 1,500 employees, or about 8% of the company’s workforce, executives said in a Friday memo to staff. The planned workforce reductions come as the used car retailer faces economic headwinds and an uncertain future, Chief Executive Ernie Garcia said in the memo.

☆ Carvana Plans to Lay Off 1,500 Employees, Citing Economic Concerns
▼ + stars: | 2022-11-18 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Carvana Co. plans to lay off about 1,500 employees, or about 8% of the company’s workforce, executives said in a Friday memo to staff. The workforce reductions come as the online used-car retailer faces economic headwinds and an uncertain future, Chief Executive Ernie Garcia said in the memo. The move also adds to the 2,500 employees the company, based in Tempe, Ariz., planned to lay off earlier this year after it overshot its growth strategy.

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