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The battery will be for the Cadillac Lyriq electric crossover vehicle that GM will begin building at its nearby Spring Hill assembly plant next year, the sources said. The timing of the Tennessee battery plant’s opening is unclear, but there will be a period when the battery is supplied for the Lyriq by another LG facility until the Tennessee plant opens and it will not come from Lordstown, one of the sources said. 1 U.S. automaker previously said it was exploring the feasibility of another U.S. battery cell plant with LG’s battery unit, LG Energy Solution, via its Ultium Cells LLC joint venture. Sources previously told Reuters that GM and LG Chem were in advanced talks with Tennessee officials, and that the plant there would be similar in scope to the $2.3 billion Lordstown plant. Sources previously said GM would need more battery plants beyond the Tennessee one to meet aggressive EV targets.
Persons: Rebecca Cook Organizations: Reuters, General Motors Co, LG Chem, General Motors, REUTERS, Cadillac, GM, Tennessee, LG, LG Energy, Cells, Detroit automaker, South, SK Innovation, SK Locations: U.S, Spring Hill , Tennessee, Detroit , Michigan, Lordstown , Ohio, Spring, Tennessee, Lordstown, United States
WASHINGTON — The Capitol Police ignored critical intelligence ahead of the Jan. 6th riot, including overlooking a warning that, “Congress itself is the target,” according to an internal watchdog report obtained by NBC News. The report also makes several recommendations about how the Capitol Police can be better prepared in the future. NBC News reviewed the report on Wednesday ahead of a public hearing on Thursday before a House Administration subcommittee to discuss its findings. In addition, the report found that an FBI field office in Norfolk, Va., also warned the Capitol Police. The watchdog report also found that Capitol Police leaders told officers to avoid using the most aggressive possible responses at the time.
Persons: WASHINGTON, Jan, Donald Trump, Joe Biden's, Trump, , , , Michael Bolton, ” Bolton Organizations: The Capitol Police, , NBC News, U.S . Capitol, Capitol, Capitol Police, NBC, The New York Times, Trump, Department of Homeland Security, FBI, Civil, CDU Locations: Norfolk, Va
Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Wells Fargo reported earnings and revenue that beat expectations for its first-quarter on Wednesday. Earnings: $1.05 in earnings per share versus 70 cents a share expected, according to Refinitiv. Revenue: $18.06 billion versus $17.5 billion expected. Wells Fargo results were helped by a net benefit of $1.05 billion from reserve releases.
Persons: Wells, Charles Scharf, Wells Fargo, Charlie Scharf Organizations: Milken Institute Global Conference, Wall, Reserve, KBW Locations: Beverly Hills, Calif, Refinitiv, Wells
Sen. Shelly Moore Capito said a "sweet spot" for a bipartisan infrastructure deal is less than half of what Biden wants. "I would say probably into the $600 or $800 billion, but we haven't put all of that together yet," Capito told CNBC. I would say probably into the $600 or $800 billion, but we haven't put all of that together yet," Capito told CNBC. The Biden infrastructure plan includes major funding to fix roads and bridges and set up clean energy incentives. Capito criticized the Biden proposal's expansive scope, arguing it should be constrained to roads, bridges, airports, broadband, and water infrastructure.
Persons: Sen, Shelly Moore Capito, Biden, Capito, Mitt Romney, Bill Cassidy, Republican Sen, Shelley Moore Capito, Joe Biden, we've Organizations: CNBC, Republican, Republicans, West Virginia Republican, Capitol Hill, Capitol, Biden Locations: West Virginia, Utah, Louisiana
In one of his first interviews as CEO, he discussed how IPG outperformed in a pandemic and plans to grow. But he was ultimately chosen over two more conventional candidates, former McCann CEO Harris Diamond and ex-IPG CFO Frank Mergenthaler. With more marketers looking for specialty agencies, Krakowsky has encouraged his execs to narrow down to three or four services instead of trying to be one-size-fits-all. IPG MediabrandsInsiders said Krakowsky's tech and healthcare plans are encouraging but come with risks. An IPG healthcare network would go up against Omnicom and Publicis, which launched their own such networks years ago.
Persons: Philippe Krakowsky, IPG, IPG's Philippe Krakowsky, Michael Roth, McCann, Harris Diamond, Frank Mergenthaler, Krakowsky, Posey, Calvin Klein, ousters, Bill Kolb, McCann Worldgroup IPG, AdAge's, Weber, MRM McCann, We've, IPG Mediabrands, Mediabrands, Gail Heimann, John Phillips, Diamond, J, Walter Thompson, DraftFCB, Casanova McCann, Fitz, Marlene Pelage, George Floyd Organizations: Harvard, Apple, Initiative, Verizon, Microsoft, Insiders, Facebook, Google, United Nations, Atari, " Missile, eBay, WPP, Omnicom, Big Tech, FCB, Hill Holliday Health, IPG's, Real, Unilever, Disney, Walmart, Publicis, Tech Locations: Mexico, Spanish, Manhattan, IPG, FCB
Here's who just got rich from the Coinbase debut
  + stars: | 2021-04-14 | by ( Ari Levy | ) www.cnbc.com + 0.00   time to read: +7 min
Seven months after Coinbase's Series A, the firm led a $25 million Series B, buying shares at $1 a piece. About a year later, Union Square sold another $30 million in Coinbase stock to Andreessen at $28.83 a share. "It became clear to me that this doesn't go mainstream if this is the way to buy bitcoin," Schuler said. For Union Square, Coinbase was the firm's first crypto investment and there have been many to follow. Union Square and Andreessen Horowitz also backed NBA Top Shot creator Dapper Labs, which is helping pioneer non-fungible tokens, or NFTs.
Persons: Fred Wilson David Orrell, Fred Wilson, Wilson, Coinbase, Andreessen Horowitz, Barry Schuler, Schuler, who's, Coinbase's, Brian Armstrong, Fred Ehrsam, everyone, Marc Andreessen, Dapper Organizations: CNBC, Twitter, Zynga, Union Square Ventures, Nasdaq, Wednesday, Altos Ventures, Sutter Hill Ventures, Union, Union Square, Ribbit, Tiger Global, Institutional Venture Partners, DFJ, AOL, Western Union, Polychain, Dapper Labs Locations: York, Sequoia, Snowflake, Unity, Coinbase, Sand
“The passenger was unresponsive and noncompliant to my commands,” Creighton told the jury on Tuesday, describing Floyd as nervous and anxious. Here are some important moments from the 12th day of witness testimony:SCOTT CREIGHTON, RETIRED MINNEAPOLIS POLICE OFFICERScott Creighton, the retired Minneapolis police officer, was the first witness to take the stand for the defense. “No, he did not,” the retired officer said. “He was upset and confused.”Moseng said that Floyd told her he consumed opioids. Floyd was asleep and startled awake when officers arrived and tapped on the window, Hill testified.
Persons: Derek Chauvin, Floyd, Eric Nelson, George Floyd, REUTERS Chauvin’s, Chauvin, Nelson, Scott Creighton, ” Creighton, , , Creighton, Peter Cahill, SCOTT CREIGHTON, You’re, MICHELLE MOSENG, FLOYD, Michelle Moseng, ” Moseng, Moseng, Percocet, SHAWANDA HILL, Hill, Floyd chatted, PETER CHANG, Peter Chang, Chang, Hall Organizations: MINNEAPOLIS, REUTERS, Minneapolis police, WHO, Hennepin County Medical, Emergency Medical Services, Foods, Mercedes, Benz, MINNEAPOLIS PARK, Minneapolis Park Police, Morries Locations: Minneapolis, Minneapolis , Minnesota, U.S, MINNEAPOLIS
“The passenger was unresponsive and noncompliant to my commands,” Creighton told the jury on Tuesday, describing Floyd as nervous and anxious. “This evidence is not to be used as evidence of the character of George Floyd,” the judge said. In the video, Creighton is heard saying, “Keep your hands where I can see them.”He then repeatedly ordered Floyd to keep his hands on the dashboard. SHAWANDA HILL, WOMAN IN THE BACKSEAT OF FLOYD’S CARShawanda Hill - who was in Floyd’s SUV with him when police arrived on May 25, 2020 - took the stand for the defense. Floyd was asleep and startled awake when officers arrived and tapped on the window, Hill testified.
Persons: Derek Chauvin, Floyd, Chauvin’s, Eric Nelson, Chauvin, Nelson, Scott Creighton, ” Creighton, , , Creighton, Peter Cahill, George Floyd, SCOTT CREIGHTON, REUTERS Creighton, You’re, SHAWANDA HILL, Hill, Floyd chatted, PETER CHANG, Peter Chang, Chang, Hall, NICOLE MACKENZIE, Nicole Mackenzie, Cahill, Mackenzie, Thomas Lane Organizations: MINNEAPOLIS, Minneapolis police, REUTERS, Foods, Mercedes, Benz, MINNEAPOLIS PARK, Minneapolis Park Police, Morries Locations: Minneapolis, MINNEAPOLIS, Minneapolis , Minnesota, U.S
MINNEAPOLIS (Reuters) -Defense attorneys in the murder trial of Derek Chauvin on Tuesday called an expert witness who testified that the former Minneapolis police officer was justified and reasonable in his use of force during his arrest of George Floyd. “Officer Chauvin’s interactions with Mr. Floyd were following his training, following current practices and were objectively reasonable,” Brodd testified. Prosecutor Steve Schleicher, challenging the claim that Chauvin was justified in his use of force, got Brodd to agree that Chauvin continued restraining Floyd even after the man had stopped resisting. “By the time the defendant got off of Mr. Floyd, Mr. Floyd could not support his own head,” Schleicher said. “The passenger was unresponsive and noncompliant to my commands,” Creighton told the jury, describing Floyd as nervous and anxious.
Persons: Derek Chauvin, George Floyd, Eric Nelson, Barry Brodd, Chauvin, Floyd, ” Brodd, Steve Schleicher, Brodd, ” Schleicher, ” Schleicher tersely, Scott Creighton, Nelson, Creighton, ” Creighton, , , Michelle Moseng, ” Moseng, Shawanda Hill, Peter Chang Organizations: MINNEAPOLIS, Defense, Chauvin, Brooklyn Center, Hennepin County Medical, Emergency Medical Services, Minneapolis Park Police Locations: Minneapolis, United States, Brooklyn, Brooklyn Center , Minnesota
WASHINGTON—President Biden and congressional leaders paid tribute Tuesday to the late Capitol Police Officer William “Billy” Evans as his casket lay in honor in the Capitol Rotunda after he was killed in the line of duty earlier this month. Mr. Evans, 41 years old, died April 2 when a man drove a vehicle into a barricade outside the Capitol building, injuring one other officer. “I buried two of my children,” Mr. Biden said. I promise you it’s going to come, it just takes a while. It takes a while.”Mr. Evans was remembered as devoted to his family and two children, playing board games, Legos and recently finishing reading the Harry Potter series with them.
Persons: Biden, William “ Billy ” Evans, Evans, Noah Green, , Mr, Evans’s, Logan, Abigail, ” Mr, Harry Potter Organizations: WASHINGTON, Capitol Police, Capitol, Police
WASHINGTON — U.S. Capitol Police Officer William Evans, who was killed earlier this month when a man rammed his car into him and another officer at the Capitol, will lie in honor in the building’s Rotunda on Tuesday. Evans, an 18-year veteran of the force, will be the fourth Capitol Police officer to ever lie in honor. He was killed on April 2 when a man drove a car into him and another officer before hitting a security barricade outside the Capitol. The memorial for Evans comes three months after the attack on the Capitol by a mob of Trump supporters, which resulted in the death of Capitol Police officer Brian Sicknick. Another Capitol Police officer, Howard Liebengood, died by suicide in the days after the riot.
Persons: William Evans, Evans, Joe Biden, Nancy Pelosi, Chuck Schumer, Kamala Harris, ” Pelosi, Schumer, ” Evans, Billy, Noah Green, Yogananda Pittman, Trump, Brian Sicknick, Howard Liebengood Organizations: WASHINGTON —, WASHINGTON — U.S . Capitol Police, Capitol, Capitol Police, Congress, Senate, U.S . Capitol, . Locations: WASHINGTON, WASHINGTON — U.S, Indiana
Daunte Wright, who was shot and killed by Brooklyn Center police during a traffic stop on April 11, 2021. Tim Waltz, protesters stood face to face with Brooklyn Center officers, saying enough is enough, with large crowds demonstrating long into the night. “We’re here to say we’ve had enough.”Daunte Wright's mother, Katie, eulogizes her son at his vigil, in Brooklyn Center, Minn., on April 12, 2021. Over the weekend, a 26-year veteran of the Brooklyn Center Police Department pulled Wright over. People gather to light candles in honor of Daunte Wright, in Brooklyn Center, Minnesota, on April 12, 2021.
Persons: Daunte Wright, George Floyd, Tim Waltz, , , Hill, it’s, ” Elise Goodwin, she’s, “ Daunte Wright, we’ve, Daunte, Katie, eulogizes, Jeff Wheeler, that’s, Cliff Orange, Wright, Black, “ I’ve, Katie Knoblauch, Tim Gannon, Kim Potter, Gannon, Mr, Deon J, Derek Chauvin, can’t Organizations: BROOKLYN, Minn, Brooklyn Center police, Wright, Brooklyn Center, Minnesota Gov, NAACP, Brooklyn Police Department, Star Tribune, AP, Brooklyn Center Police Department, Police, Brooklyn Center Police, Hampton, NBC Locations: , Brooklyn Center , Minnesota, Hennepin County, Minneapolis, Minnesota, Brooklyn
Opinion | Tressie McMillan Cottom on the Moral Panics of Our Moment
  + stars: | 2021-04-13 | by ( The Ezra Klein Show | ) www.nytimes.com sentiment -0.67   time to read: +1 min
Prepping for a conversation with Tressie McMillan Cottom is intimidating. McMillan Cottom is a sociologist at the University of North Carolina, Chapel Hill, a 2020 MacArthur fellow, co-host of the podcast “Hear to Slay,” and the author of the essay collection “Thick,” which was a National Book Award finalist. I barely made it through a third of my planned questions because so many interesting topics came up in each answer. This is one of those conversations that could’ve gone on for four more hours. (A full transcript of the episode will be available midday Tuesday.)
Persons: Tressie McMillan, McMillan Cottom, Dolly Parton, could’ve Organizations: University of North, MacArthur Locations: University of North Carolina, Hill, America, smartness
GM shortens downtime at Tennessee plant as chip supply improves
  + stars: | 2021-04-13 | by ( Michael Wayland | ) www.cnbc.com sentiment -0.99   time to read: +1 min
Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, August 22, 2019. DETROIT – General Motors is restarting production sooner than expected at a crossover plant in Tennessee after supplies improved of the semiconductor chips needed to produce vehicles at the facility. The automaker's Spring Hill Assembly plant will return to regular production on Monday instead of April 26, a week earlier than initially announced Thursday by the company. A GM spokesman attributed the change in scheduling to near-term improvements in supplies allowing the automaker to avoid the production impact at the plant. The company also will not halt production next week of the Chevrolet Blazer at a plant in Mexico, which was announced last week due to the chip shortage.
Persons: Spring Organizations: General Motors, DETROIT –, Motors, GMC Acadia, Cadillac, United Auto Workers, Chevrolet Locations: Spring Hill , Tennessee, DETROIT, Tennessee, Hill, Mexico, Michigan , Kansas, Canada
UltaRick Kern / Stringer / Getty ImagesThe beauty retailer announced plans to open Ulta stores in hundreds of Target stores in 2021. Kyodo News Stills via Getty ImagesThe Amazon-owned grocery store has more than 500 locations in the US and UK. YouTubeKiyoshi Ota/Bloomberg via Getty Images Kiyoshi Ota/Bloomberg via Getty ImagesGoogle-owned video platform YouTube led to the rise of influencers. PYMCA/Universal Images Group via Getty Images PYMCA/Universal Images Group via Getty ImagesConverse are some of the most iconic sneakers of all time, according to sneaker experts. VCG/VCG via Getty Images VCG/VCG via Getty ImagesNike has been known for its unforgettable ads and unparalleled storytelling abilities.
Persons: Millennials, Moosylvania, We've, Andrew Cohen, Louis Vuitton Louis Vuitton, it's, Kraft Kraft, Kraft Heinz, Maxx, Sean Locke, EyeEm, Nordstrom, Rob Kim, Ralph Lauren, Nestle Nestle, Forester, Bull, Hulu Disney, Calvin Klein Calvin, PVH, Ulta Rick Kern, Stringer, Kris Mirasola Chipotle, Chanel Chanel, Chanel, Kohl's, Michael Kors Michael Kors, Mario Anzuoni, Nicolas Economou, Dodge, Alexi Rosenfeld, Kena, Audi.com, Kiyoshi Ota, Wendy's, Converse Converse, Joe's, Joe Raedle, Mike Blake REUTERS, Mike Blake Costco, Pepper Daniel Boczarski, Pepper Dr, Pepper, Pepper Snapple, Tesla, Steven Lam REUTERS, Steven Lam Tesla, Elon Musk, Ross Jeffrey Greenberg, Jeffrey Greenberg, Ross, Meg Whitman, Mark Zuckerberg, Narendra Modi, spatuletail, Mary Hanbury, Mary Hanbury Pink, Mary Hanbury The, Sonia Syngal, Scott Olson, Shein, Dave Benett, Aldi Joe, Joe, Burger King David Allio, David Allio, Jeep Matthew DeBord, Matthew DeBord, Tristan Fewings, PlayStation Andrew House, KFC Omar Marques, Omar Marques, Dell Jonathan Weiss, Jonathan Weiss, Brendan McDermid, Grigory Dukor REUTERS, Grigory Dukor, Dua, Rolling Stone, Kohl's Justin Sullivan, Justin Sullivan, Kroger Kroger Kroger, Alanis King Alanis King, Taco, Gucci, Insider's, Kylie Jenner, Michael Jordan, Anat Givon, Disney Jeff Gritchen, Jeff Gritchen, LIAM DANIEL, Chevy Bolt, Anderson, Brynn Anderson, McDonald's Ronald McDonald, McDonald's, Noam Galai, Armour Kirk Irwin, Kirk Irwin, Pepsi NurPhoto, Getty NurPhoto, Microsoft Bryan Thomas, Bryan Thomas, Bill Gates, Coke Regis Duvignau, Reuters Regis, Yuriko Nakao, Ng Han Guan, Samsung Kim Hong, Kim Hong, Jeff Bezos, Reuters Thomson Reuters Apple, Max Organizations: Nike, Brands, Apple, Amazon ., United Airlines, Monster Energy Energy, Kraft, TJ Maxx, Getty, Nordstrom, Nintendo, Acura Acura NSX, Acura Acura, Unilever ., Inspire Brands, Sonic, Buffalo Wild Wings, Subaru, Motorola, Hulu, Disney Hulu, Reebok, Adidas, Foods, Kyodo, Stills, Capri Holdings, Versace, Lexus Lexus, Lexus Lexus Lexus, Reuters, PepsiCo, Dodge Dodge, FCA Dodge, YouTube YouTube, Bank of America Bank of America, Getty Images, of America, Audi, Bloomberg, Getty Images Google, YouTube, Getty Images Converse, Facebook, Honda, Reuters Thomson Reuters Honda, Reuters Reuters Lululemon, Yum Brands, KFC, Taco Bell, Costco, Costco Wholesale, REUTERS, Dr, Tesla REUTERS, Reuters Thomson Reuters, Nissan, HP, HP HP, Indian, Reuters Thomson, Pink Business, Mary, Mary Hanbury Business, L Brands, Abercrombie, Fitch, Gap Inc, Aldi, American, AP, Eagle, eBay, Jeep, Cherokee, Jeep Compass, Vans, PlayStation, EO, Sony Computer Entertainment Inc, Sony, Reuters Thomson Reuters PlayStation, Old Navy, Hershey, Dell, Body, Body Works, Puma REUTERS, Rolling, Mercedes, Benz, Benz Mercedes, LG, LG Electronics, Thomson Reuters Thomson Reuters, South, Toyota, Real The Real, Jordan NBA, Air, Disney, MediaNews, Orange, Nintendo Twitter, Nintendo Wii, BMW BMW X7, BMW BMW, BMW, Netflix, NETFLIX, Chevrolet Chevrolet Silverado, Chevrolet Chevrolet General Motors, Chevrolet, Silverado, Chevy, Starbucks, Ford Workers, Associated Press Associated, Pepsi, Microsoft, Reuters Regis Duvignau, Sony Sony, Yuriko Nakao REUTERS, Google, Adidas Adidas Adidas, Target, Samsung, Galaxy, Walmart, Walmart Walmart, TikTok, Twitter, Nike Customers, Brand Finance Global Locations: Southwest, New York City, dropshipping, Patagonia Patagonia, Paris, France, Tokyo, athleisure, Carlsbad , California, Canada, Beverly Hills, Yokohama, Silicon Valley, Houston , Texas, Facebook's, Menlo Park , California, Mary Hanbury The San Francisco, London, England, California, Los Angeles, Cincinnati , Ohio, Seoul, Japanese, Air Jordan, Hong Kong, Seattle, View , California, Chicago , Illinois, Arkansas, Beijing, China, Munich
McConnell refused to respond to attacks from Trump, who called him a "dumb son of a b----." Senate Minority Leader Mitch McConnell declined to respond to attacks from former President Donald Trump, who called him a "dumb son of a b----" over the weekend. Ultimately, however, McConnell voted to acquit Trump in his second impeachment trial in which he was charged with "incitement of insurrection." Since leaving office, Trump has vowed to exact revenge on McConnell and other Republicans he has perceived as wrongfully turning against him. Senate Republicans are concerned about the fractured ties between McConnell and Trump and want to see them mend their relationship, Politico reported on Monday.
Persons: McConnell, Trump, Mitch McConnell, Donald Trump, Joe Biden, Republican Sen, Tim Scott of Florida, Biden's, acquit Trump Organizations: Kentucky Republican, Republican, National Republican Senatorial, Trump, Capitol Hill, Republicans, McConnell, Politico Locations: Lago, Palm Beach , Florida
A Pentagon spokesperson said the Defense Department and VA are "continuing to fund studies to provide more evidence on the potential long-term effects of burn pit exposure." “What the first responders were standing on top of was essentially a burn pit,” he said. Paul Morigi / Getty ImagesStewart got involved in the effort after being approached by Rosie Torres, the founder of the nonprofit Burn Pits 360. Veterans must prove to the VA that they were exposed to a burn pit during their service, and that the exposure caused their condition. Courtesy Gina Cancelino“I said, ‘Hon, burn pits, burn pits in Iraq,” she recalls telling the former Marine Corps gunnery sergeant.
Persons: Scott Evans, Evans, Justin Kase Conder, Evans ’, I'd, , Tom Abrams, Dana, Andrew Burton, Abrams, , wheezing, Sen, Kirsten Gillibrand, Marco Rubio, Jon Stewart, Lester Holt, Stewart, ” Jon Stewart, Capitol . Sen, Paul Morigi, Rosie Torres, Torres, constrictive, ” Stewart, Gina Cancelino, Joseph, Joseph Cancelino, Gina Cancelino “, , ’ ” Joseph Cancelino, ” Gina Cancelino, I'm, Gen, Michael Heston, Heston Heston’s, Heston, Hannah Rappleye, NBC News Abrams, Farber oncologist, ” Abrams, ” Andrew Myatt, he’d, Anita Ritchie, ” Ritchie, Myatt, Andrew Myatt, hasn’t, Joe Biden, Biden, Joker, Scott Evans Evans, it's, ” Scott Evans Organizations: Marine, NBC News, Department of Defense, Department of Veterans Affairs, Farber Cancer Institute, U.S, Army, National Academies of Sciences, Engineering, Medicine, Pentagon, Defense Department, Lawmakers, Capitol Hill, NBC, World Trade, Capitol ., Marine Corps, New York City Police Department, Vermont Army National Guard, Harvard Medical School, Army National Guard, Legislators, Balad Air Base, Service Employees International Union Locations: Afghanistan, North Carolina, Iraq, Kandahar Province, Washington, New, Iraqi, East, Labrador
U.S. senator wants to ban Big Tech from buying anything ever again
  + stars: | 2021-04-12 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +2 min
Senator Josh Hawley, a Republican who has been a staunch critic of Big Tech, said on Monday he has introduced a bill that would ban all mergers and acquisitions by any company with a market value greater $100 billion, a category that includes the five biggest U.S. tech companies. Hawley’s bill tackles some of the same problems as an antitrust bill introduced by Democratic Senator Amy Klobuchar in February, and contains some similar measures. Asked about Klobuchar’s bill, Hawley said, “I’m willing to work with her and anybody of any party and any background. I like a lot of what Senator Klobuchar has proposed.”He described his bill as “significantly tougher.”In the House of Representatives, Representative David Cicilline has said he plans to introduce a series of antitrust bills. Hawley said he was “very impressed” by her but added, “I have not made a final decision.”
Persons: Sen, Josh Hawley, Erin Scott, Hawley, Amy Klobuchar, “ I’m, Klobuchar, David Cicilline, Lina Khan, Organizations: Senate Homeland Security, Governmental Affairs, Capitol, REUTERS WASHINGTON, Republican, Big Tech, U.S, Apple Inc, Microsoft Corp, Amazon.com, Facebook Inc, Democratic, Representatives, Federal Trade Commission, Justice Department Locations: Capitol Hill, Washington , U.S
(Reuters) - The U.S. women’s national team can proceed with their appeal over claims for equal pay after a judge on Monday approved a settlement between the United States Soccer Federation (USSF) and the players over working conditions. FILE PHOTO: USA Women's Soccer team forwards (L-R) Megan Rapinoe, Christen Press, and Alex Morgan pose for a portrait in Beverly Hills, California, U.S., March 26, 2019. REUTERS/Lucy NicholsonThe women’s team sued their governing body in 2019, alleging gender discrimination in compensation and nearly every other aspect of playing conditions and months later picked up their fourth World Cup as fans chanted “equal pay” during the final. Molly Levinson, a spokeswoman for the players, said they plan to appeal Klausner’s ruling on equal pay after the judge granted final approval to the settlement on working conditions, which includes travel and playing conditions. The U.S. women’s team face France in a friendly on Tuesday as they prepare to compete at this year’s Tokyo Olympics.
Persons: Megan Rapinoe, Alex Morgan, Lucy Nicholson, R, Gary Klausner, Molly Levinson, , Levinson, , Organizations: Reuters, women’s, United States Soccer Federation, USSF, Women's Soccer, Christen Press, REUTERS, United States, Court, Central, Central District of, men’s, Soccer, FIFA, U.S, U.S . Soccer, France Locations: Beverly Hills , California, U.S, Central District, Central District of California, Tokyo
Around 20 chief executives and other leaders in the auto, semiconductor and tech industries are meeting with White House officials on Monday in a virtual summit aimed at addressing a growing shortage of critical microchips. Commerce Secretary Gina Raimondo and National Economic Council Director Brian Deese are also expected to join the video call. The auto industry has been particularly hard hit by the crisis, which has compounded vehicle shortages caused by last year’s pandemic factory shutdowns. During the first quarter alone, manufacturers around the world will lose about 1.4 million vehicles in production, the research firm forecast. With the president planning to devote billions from the American Jobs Plan to chip production, industry officials have already made some suggestions as to what they would like.
Persons: Mary Barra, Jim Farley, Carlos Tavares, Sundar Pichai, Pat Gelsinger, Jake Sullivan, Gina Raimondo, Brian Deese, Joe Biden, Biden, Jen Psaki, Psaki, , , John Bozzella, AlixPartners, Ford, AAI’s Bozella Organizations: White, General Motors, Ford, Intel, Taiwan Semiconductor Manufacturing Company, Samsung, HP, National, National Economic, House Press, Alliance for Automotive Innovation, GM, Monday, Kansas City, Global, American Jobs Plan Locations: Japan, South Korea, Taiwan, China, U.S, Hill , Tennessee, Lansing , Michigan, Chicago, Rock , Michigan, Kansas
Ellen DeGeneres Sells Beverly Hills Home for Roughly $47 Million
  + stars: | 2021-04-12 | by ( Katherine Clarke | ) www.wsj.com sentiment -0.95   time to read: +1 min
Talk show host Ellen DeGeneres has sold her Beverly Hills estate for about $47 million, after putting it on the market just over a month ago for $53.5 million, according to a person familiar with the deal. Ms. DeGeneres and her wife, Portia de Rossi, purchased the home in May 2019 for $42.5 million from Maroon 5 frontman Adam Levine, according to public records and people familiar with the situation. A spokeswoman for Ms. DeGeneres did not immediately respond to a request for comment. The traditional ivy-covered estate was recently renovated and spans about 10,000 square feet with five bedrooms, according to the listing from Kurt Rappaport of Westside Estate Agency. The estate was also previously owned by the tennis player Pete Sampras, records show.
Persons: Ellen DeGeneres, DeGeneres, Portia de Rossi, Adam Levine, Kurt Rappaport, Pete Sampras Organizations: Maroon, Westside Estate Agency Locations: Beverly
We spoke with Greenwood cofounder Ryan Glover and Truist Ventures head Vanessa Vreeland, who detailed how the $40 million Series A came together. Chicago-based boutique bank William Blair is the latest firm to extend offers to its junior bankers. In an internal memo, executives told employees they'd receive "a special, one-time spot bonus." (Photo by Scott Olson/Getty Images) Scott Olson/Getty ImagesMaverick Capital is outpacing fellow Tiger Cubs like Lone Pine, Coatue, and Tiger Global this year. Courtesy of Norrsken FoundationNiklas Adalberth, Klarna cofounder and former executive, thinks buy now, pay later isn't "what the world needs."
Persons: Greenwood, Ryan Glover, Vanessa Vreeland, William Blair, they'd, Goldman Sachs, Travis Potter, Stephanie Smith, Jason Hill, We've, Lee S, Ainslie ,, Scott Olson, Read, Niklas Adalberth, James Alexander, Samantha Lee Organizations: Truist Ventures, BlackRock, Credit Suisse, Maverick Capital, Allen & Company Sun Valley Conference, Getty, Maverick, Tiger Cubs, Tiger Global, Norrsken, Sussex Police, Facebook Locations: Chicago, SUN, Sun Valley , Idaho, Lone
"What the Black Wall Street was in Tulsa and the Greenwood district is just very empowering," Harper told CNBC about the once thriving Black business district. The Pew study also showed Black Americans use a smartphone for mobile banking, more than any other group. As part of the launch, The Black Wall Street is planning a 30-city financial literacy tour that begins on April 30 in Los Angeles, with stops in Tulsa on May 31, a century since the original Black Wall Street was destroyed in a riot by white residents. The Black Wall Street offering enters a growing industry of fintech apps that allow peer-to-peer transfers including Square's Cash App from PayPal's Venmo. On The Black Wall Street app, Harper said, "We have to encourage Black ownership and that's what we want to do on the platform.
Persons: Hill Harper, Harper, Marcus Andrews, Sheldon Hawkes, he's, It's, Najah Roberts, Crypto, Roberts, Mike Organizations: CNBC, ABC, CBS, CSI, Harvard Law School, Pew Research Center, White Americans, Pew, Venmo, Visa, Greenwood Locations: Greenwood, Tulsa , Oklahoma, Tulsa, Inglewood , California, Los Angeles, United States
To poach top talent, small business owners are offering remote working perks and wellness incentives. Teddy Fong"You have the Silicon Valley companies who are paying for dry cleaning and massages," said Million Dollar Baby Co. CEO Teddy Fong. Here are seven unique benefit ideas from small business owners who have successfully recruited talent this year. Meanwhile, Scott Kimberly knows that the custom suits he buys for his staff get worn outside of work, too. Bianca NedjarWhether its technology, fitness or something else that's integrated into your company's DNA — make sure your company benefits reflect the job at hand.
Persons: Teddy Fong, Fong, Tracy Fong, Scott Kimberly, It's, Kimberly, aren't, Mike Faith, Faith, Rachel Brenke, Eden Law, , Brenke, It'll, Matthew Payne, Hammerhead, Bianca Nedjar, Parham Zar, Mark Migdal, Hayden, Etan Mark, they're Organizations: Eden, Brenke, Inc, Cycling Locations: COVID, Mo'orea, Murfreesboro , Tennessee, Manhattan, Beverly Hills , California, Miami
Rodriguez will join former Walmart e-commerce CEO Marc Lore to purchase the Minnesota Timberwolves for a reported $1.5 billion. Timberwolves President Gersson Rosas serves as one of two Hispanic executives. Some eyes are on the Golden State Warriors, as team president Rick Welts will be retiring. Though most know mega agent Rich Paul, who has become perhaps the most prominent NBA agent powerbroker behind the scenes, Goodwin was in place before Paul. Should the Timberwolves decide to follow this trend, Goodwin has the resume for an executive position.
Persons: Alex Rodriguez, Zach Pagano, Rodriguez, Marc Lore, Glenn Taylor, They've, Taylor, It's, Kevin Garnett, Lore, they'll, Glen Taylor, Hannah Foslien, Cynthia Marshall, Gersson Rosas, Rick Welts, Chase Arena's, Kim Stone, Aaron Goodwin, Rocky Widner, Kobe Bryant's, Rob Pelinka, Leon Rose, Lon Babby, Larry Riley, Bob Myers, Rich Paul, powerbroker, Goodwin, Paul, LeBron James, Damian Lillard, DeMar DeRozan, James Jones, Sean Marks, Malik Rose, Rose, Byron Spruell, Elton Brand, Daryl Morey, Brand, Morey, Michael Finley, Rosas, Joe Dumars, The Beverly Hilton, Michael Kovac, Donnie Walsh, Masai Ujiri, Dumars, Ed Tapscott, Larry Miller Organizations: NBCUniversal, Major League Baseball, New York Mets, National Basketball Association, Walmart, Minnesota Timberwolves, NBA, Timberwolves, Associated Press, San Antonio Spurs, Target Center, University of Central, Dallas Mavericks, Golden State Warriors, Warriors, CNBC, Sacramento Kings, Oklahoma City Thunder, ARCO Arena, NBAE, Getty, Los Angeles Lakers, New York Knicks, CAA, Knicks, Rose, Phoenix Suns, League Ignite, Portland Trail Blazers, Suns, Brooklyn Nets, G, Atlanta Hawks, Detroit Pistons, 76ers, NBA Eastern Conference, Mavericks, Milken Institute Global, The Beverly, The Beverly Hilton Hotel, Indiana Pacers, Toronto Raptors, Pistons, Hornets, Bobcats, Jordan, Spurs Locations: NBC's, Minnesota, Minneapolis , Minnesota, University of Central Florida, Sacramento, Sacramento , California, Kobe, Philadelphia, Dallas, Beverly Hills , California, Canada, Sacramento Kings, Rosas, Charlotte
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