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Prices of cocoa have more than tripled over the last year, creating a big headache for candy makers and other food companies that use the ingredient to make chocolate. The price surge has since eased off slightly, but the crop is still commanding well above what food companies are used to paying. This season's cocoa crop is expected to experience the largest deficit in at least six decades, according to a Rabobank report from May. A YouGov survey conducted in October found that 72% of U.S. respondents had noticed shrinkflation in food products. J&J Snack Foods CEO Daniel Fachner has been keeping an eye on cocoa and chocolate prices.
Persons: Ferley Ospina, Hershey, Kinder, Ferrero, they'll, Steve Rosenstock, Mondelez, shrinkflation, Daniel Fachner, Fachner, Justin Sullivan, Nik Modi, Modi, shea, Rosenstock Organizations: Bloomberg, Getty, Cadbury, Clarkston Consulting, Rabobank, Reuters, Mondelez, Consumers, Snack, CNBC, RBC Capital, Jumbo Locations: Ragonvalia, Norte de Santader, Colombia, . West Africa, Ghana, U.S, Novato , California, West
The publisher and incoming editor of The Washington Post used fraudulently obtained phone and company records in newspaper articles as journalists in London, according to a former colleague, the published account of a private investigator and an analysis of newspaper archives. Will Lewis, The Post’s publisher, assigned one of the articles in 2004 as business editor of The Sunday Times. Another was written by Robert Winnett, whom Mr. Lewis recently announced as The Post’s next executive editor. The use of deception, hacking and fraud is at the heart of a long-running British newspaper scandal, one that toppled a major tabloid in 2010 and led to years of lawsuits by celebrities who said that reporters improperly obtained their personal documents and voice mail messages. Mr. Lewis has maintained that his only involvement in the controversy was helping to root out problematic behavior after the fact, while working for Rupert Murdoch’s News Corporation.
Persons: Will Lewis, Robert Winnett, Lewis, Rupert Organizations: The Washington Post, Sunday Times, Rupert Murdoch’s News Corporation Locations: London
Read previewWarning: Spoilers ahead for the first six episodes of "Perfect Match" season two. Harry Jowsey and Jessica Vestal were matched together for a date by Kaz Bishop and Micah Lussier in "Perfect Match" season 2. However, these photographs may have been taken while the cast was filming "Perfect Match" season two since the series was filmed in Tulum. Vestal calls Jowsey a red flag in TikTok videosDom Gabriel, Stevan Ditter, Jessica Vestal, Harry Jowsey in "Perfect Match" season two. Fans will find out the truth when the "Perfect Match" season finale premieres on Netflix on June 21.
Persons: , Harry Jowsey, Jessica Vestal, Kaz Bishop, Micah Lussier, Vestal, Jowsey, Melinda Berry, Holly Scarfone, Berry, PageSix, y'all, I'm, Rylee Arnold, Christopher Willard, Arnold, Dom Gabriel, Stevan Ditter, costars, Jess Organizations: Service, Netflix, Business, TMZ, ABC Locations: Mexico, Tulum, Vestal
When The Washington Post staff gathered in the newsroom in early May to celebrate winning three Pulitzer Prizes, one person was conspicuously absent: Will Lewis, the company’s publisher and chief executive. That’s because Mr. Lewis was in New York meeting with Jeff Bezos, the billionaire founder of Amazon and owner of The Post, who was in the city to attend the Met Gala, according to two people with knowledge of the meeting. The pair had been discussing a reorganization aimed at helping The Post turn around its business. That included creating a “third newsroom” inside The Post to focus on new editorial products, an idea blessed by Mr. Bezos, according to one of those people and another familiar with the talks. Mr. Lewis’s decision this month to go ahead with that plan has shaken The Post.
Persons: Will Lewis, Lewis, Jeff Bezos, Bezos, Sally Buzbee Organizations: Washington Post, Amazon, Post Locations: New York
Read previewThe strongest couple in "Perfect Match" season two is under threat in the latest episodes after Harry Jowsey was accused of kissing another contestant. The next day, Melinda tells Jessica that she and Harry kissed, causing a big fight between the three contestants. 'Perfect Match' season two, episode eight: Melinda and Holly say the kiss happened off-screenIn "Perfect Match" season two, episode eight, Stevan Ditter, Harry Jowsey, Chris Hahn, Kaz Bishop, Justin Assada are separated from their female partners. Advertisement'Perfect Match' season two, episode nine: Melinda says Harry also said he wanted to have sex with herMelinda Berry in "The Perfect Match" season two. 'Perfect Match' season two, episode nine: Jessica confronts HarryJessica Vestal and Harry Jowsey competing in a "Perfect Match" couples challenge.
Persons: , Harry Jowsey, Harry, Jessica Vestal, Jessica, Melinda Berry, Melinda, Holly, Stevan Ditter, Chris Hahn, Kaz Bishop, Justin Assada, Holly Scarfone, Justin, what's, Stevan, Harry doesn't, hasn't, doesn't, Dom Gabriel, Brittan Byrd, Brittan, Dom, Ana Blumenkron, Netflix Jessica, Alara Taneri, Bryton Constantin, Harry Jessica Vestal, Netflix Harry Organizations: Service, Business, Netflix
A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. Toyota took the crown with 10.7% market share, while Germany's Volkswagen came in second with a 6% market share. But for Toyota, the top automaker by market share in the world, the latest safety scandal is not the first time it's being investigated for false test data. In April last year, Daihatsu said it had rigged side-collision safety tests carried out for 88,000 small cars, most of those sold as Toyotas.
Persons: Akio Toyoda, Tomohiro Ohsumi, Germany's Volkswagen, that's, Toyota —, Suzuki, Toyoda, Hino Organizations: Toyota Motor Corp, Toyota, Getty, Germany's, Honda, country's Ministry of Land, Transport, Mazda, Suzuki Motor, Yamaha Motor, Corolla Fielder, Corolla, Daihatsu, Citi Locations: Tokyo, Japan, Infrastructure, Tourism
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk seems to be taking a page out of Donald Trump's playbook. This story is available exclusively to Business Insider subscribers. Musk admitted in his March interview with Don Lemon that he takes a "small amount" of ketamine every other week. Representatives for Musk didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: , Elon, Donald Trump's playbook, Trump, Musk, David Sacks, Chamath Palihapitiya, they've, Zuck, Mark Zuckerberg, Sam Altman, There's, Don Lemon, Lemon, Musk didn't Organizations: Service, White, Business, Tesla, SpaceX, Wall Street, Trump, Reuters, Republican, OpenAI, Microsoft, Representatives Locations: San Francisco
“The American principle that no one is above the law was reaffirmed,” President Biden said after former President Donald J. Trump was convicted last month of falsifying records to cover up a sex scandal. “No one in this country is above the law,” David Weiss, the special counsel who prosecuted Hunter Biden on gun charges, said after Mr. Biden was convicted this week. The expression has been used by plenty of political figures in recent weeks, including Vice President Kamala Harris (“Donald Trump thinks he is above the law,” she said at a recent campaign event). The phrase “above the law” has appeared in The New York Times 100 times this year alone. The specific origin of the phrase is not clear, with several people getting credit for pushing it forward.
Persons: Biden, Donald J, Trump, ” David Weiss, Hunter Biden, Mr, , Kamala Harris, “ Donald Trump, Organizations: , New York Times
Rarely has the yearly gathering of the world’s leading economies been so overshadowed by the political vulnerabilities of nearly all its members. She emerged as the only European G7 leader bolstered by last week’s European Parliament elections. “I am proud that Italy will present itself to the G7, to Europe with the strongest government of all. The leaders of France and Germany are contending with very different sets of political circumstances. Whether it is Trump at the G7 table next year or Biden is among the great unknowable questions hanging over the gathering.
Persons: Joe Biden’s, Donald Trump, Emmanuel Macron, don’t, Jake Sullivan, Sullivan, Biden, , , Volodymyr Zelensky, Zelensky, , Josh Lipsky, Giorgia Meloni, Meloni, Trump, Brothers, ” Meloni, Rishi Sunak, Canada’s Justin Trudeau —, Japan’s Fumio Kishida, who’s Organizations: CNN, Parliamentary, National Assembly, , Ukraine, GeoEconomics, Atlantic Council, Italian, United, Conservative Political, Conference, Reuters, Trump Locations: Italy, Puglia, France, United Kingdom, United States, Paris, Ukraine, Russia, Kyiv, it’s, China, India, Brazil, Turkey, United Arab Emirates, Europe, Germany, Britain, Sicily, haggling, Quebec, Biarritz
New York CNN —SpaceX and CEO Elon Musk were sued on Wednesday by former employees who claim they were illegally fired for raising concerns about gender discrimination and sexual harassment at the rocket company. The eight former employees were involved in writing a 2022 open letter criticizing Musk and urging SpaceX executives to make the firm’s culture more inclusive. Following the letter’s release, the eight employees were fired. Wednesday’s complaint alleges that “Musk personally ordered the Plaintiff’s terminations.”SpaceX did not immediately respond to a request for comment on the lawsuit. (Musk has denied the harassment claims.)
Persons: Elon Musk, Musk, Twitter —, “ Musk, Gwynne Shotwell, Tom Moline, , , , “ I’ve Organizations: New, New York CNN, SpaceX, Twitter, New York Times, National Labor Relations Board, CNN, MIT, Business Locations: New York, California, Texas
AdvertisementIt's not 'artificial intelligence,' it's 'Apple Intelligence'And in Apple's new AI world, we start with one rule: Don't call it "artificial intelligence." It's "Apple Intelligence." Apple Intelligence can perform simple and useful functions. Apple Intelligence wasn't mindblowingStill, some of the other generative things were purely goofy/cutesy, like the AI version of Memoji. AdvertisementNothing was mindblowing or a totally radical new way of using artificial Apple Intelligence.
Persons: , Scarlett Johansson's, Scarlett Johansson, Siri, It's, Apple Organizations: Service, Business, Apple, Apple Intelligence, Gmail Locations:
Biden Nears Pick for Next F.D.I.C. Chair
  + stars: | 2024-06-11 | by ( Emily Flitter | ) www.nytimes.com   time to read: +1 min
Three weeks after President Biden vowed to pick a new leader for the Federal Deposit Insurance Corporation, the bank regulator shaken by a vast workplace abuse scandal, a front-runner has emerged: Christy Goldsmith Romero, who sits on the five-member Commodity Futures Trading Commission, according to two people with knowledge of the administration’s thinking. Ms. Goldsmith Romero is a lawyer who, after the financial crisis, spent more than 12 years in an office created by Congress to investigate fraud and other misconduct by banks that received money from the government’s roughly $450 billion crisis rescue package, the Troubled Asset Relief Program. From 2011 to 2022, Ms. Goldsmith Romero led the office as the special inspector-general for the program. Mr. Biden has not made a final decision. Ms. Goldsmith Romero’s position as the front-runner for the job was first reported by The Wall Street Journal.
Persons: Biden, Christy Goldsmith Romero, Goldsmith Romero, Goldsmith Organizations: Federal Deposit Insurance Corporation, Futures Trading Commission, Troubled Asset, Wall Street
When the news broke last month that Mr. Spurlock had died from complications of cancer, the arc of his life seemed permanently settled: a one-hit wonder who’d squandered his success by trying to get out ahead of a potential P.R. After that initial coffee, I’d stayed in touch with Mr. Spurlock and eventually we formed a friendship, one full of conversations about what it might mean to be a better person. Despite that relationship, I don’t consider him worthy of blanket forgiveness; I don’t even believe that he deserved a second chance at the spotlight. But I can’t shake the feeling that, nearly seven years after #MeToo, we still haven’t found a way for men who want to make amends to do so meaningfully. There were prominent figures brought down by #MeToo who’ve never asked for, nor deserved, our sympathy.
Persons: Morgan Spurlock, I’d, , , who’d, Spurlock, he’d, , MeToo who’ve Locations: Downtown Manhattan
One of Latin America’s most celebrated journalists, whose work has toppled presidents and set off criminal investigations into government wrongdoing, was recovering from an aggressive bout of chemotherapy when he got more bad news: A Peruvian prosecutor was investigating him for bribery. The journalist, Gustavo Gorriti, 76, the top editor at an investigative news media organization in Peru, is no stranger to trouble. In the 1990s, he was kidnapped by members of a secret death squad that Peruvian investigators later determined was headed by former President Alberto Fujimori. Mr. Gorriti had spent years reporting on corruption and human rights violations by the Fujimori’s government. More recently, he helped expose an enormous bribery scandal known as Operation Carwash that has led to the arrest and resignation of government officials across Latin America.
Persons: Gustavo Gorriti, Alberto Fujimori, Gorriti Locations: Peru, Latin America
Toyota Motor Corporation Board Chairman Akio Toyoda bows during a press conference in Tokyo on June 3, 2024. Toyota said on June 3 it had suspended domestic shipments of three car models after falling foul of government certification rules along with its Japanese rivals Honda, Mazda, Suzuki and Yamaha. Shares of Japan's largest carmaker Toyota fell more than 5.4% last week, after the scandal broke on June 3, but is recovering on Monday. The automaker lost 2.45 trillion Japanese yen ($15.62 billion) in market value last week alone. Last week, Honda' s stock fell 5.75%, Yamaha Motor lost 2.2%, while Suzuki Motor inched down 0.3%.
Persons: Akio Toyoda, Suzuki, Honda Organizations: Toyota Motor Corporation, Toyota, Honda, Mazda, Yamaha, Ministry of Land, Transport, Tourism, Yamaha Motor, Suzuki Locations: Tokyo, Infrastructure
Jackson valued the four tickets at $3,711.84, according to her annual disclosure form, which covered all of 2023. Supreme Court Justice Ketanji Brown Jackson disclosed receiving concert tickets from pop superstar Beyoncé, one of several notable items revealed Friday in the high court's latest financial disclosure reports. The Beyoncé tickets may have been the flashiest gifts given last year to a member of the nation's most powerful court, but they were not the only ones. The most recent justice to join the high court also disclosed more income from a book than any of her colleagues last year, the filings showed. Jackson is the only justice on the court who was nominated by President Joe Biden.
Persons: Jackson, Ketanji Brown Jackson, Beyoncé, Kamala Harris, Joe Biden, Clarence Thomas, Terrence Giroux, Alger, Barbara, Thomas, Harlan Crow, Crow Organizations: Supreme, D.C, Penguin Random, Alger Association, Republican Locations: Washington, Bali , Indonesia, Monte Rio , California
New York CNN —Will Lewis is quickly losing the confidence of his newsroom. At The Post, according to more than a half-dozen staffers who spoke with CNN Thursday, morale has fallen off a cliff since Lewis abruptly ousted Executive Editor Sally Buzbee on Sunday. Lewis’ uncouth dispatching of Buzbee poisoned much of the goodwill he had earned with his employees over the preceding six months. Indeed, the day after he announced Buzbee’s exit, staffers pressed him in a town hall about the circumstances that led to her departure. Will Lewis, the publisher of The Washington Post, finds himself embroiled in a scandal affecting the newsroom itself.
Persons: Will Lewis, , Lewis, Sally Buzbee, “ It’s, Lewis ’, Buzbee, Matt Murray, Robert Winnett, Rupert Murdoch’s, Prince Harry, Carlotta Cardana, David Folkenlik, Lewis “, heatedly —, Folkenflik, ” Folkenflik, Puck’s Dylan Byers, Byers, Sarah Ellison, Elahe Izadi, ” Lewis, , Ellison, Izadi, Jeff Bezos, “ He’s, , don’t Organizations: New York CNN, The Washington Post, CNN, Wall Street, Fleet Street, News Corporation, The New York Times, Bloomberg, Getty, NPR, , Columbia Journalism School Locations: New York, , Washington
CNN —William Lewis, the new publisher and chief executive of The Washington Post, reportedly tried to kill a story about his alleged involvement in a UK phone hacking scandal coverup, offering an NPR reporter an interview in exchange for squashing the forthcoming article. The decade-old UK scandal that engulfed right-wing media mogul Rupert Murdoch’s “News of the World” tabloid, was revived in recent years in a new lawsuit filed by Prince Harry and other notable figures including Guy Ritchie and Hugh Grant. Despite Lewis’ attempt to squash the story, NPR published the article in late December under the headline “New ‘Washington Post’ CEO accused of Murdoch tabloid hacking cover-up,” featuring a 2011 photo of Lewis with Murdoch. According to the Times, Lewis told Buzbee the story didn’t warrant coverage in the newspaper. Days later, when the judge in the UK case allowed allegations about Lewis to be included in the lawsuit, the Post published another story naming him.
Persons: William Lewis, Rupert Murdoch’s, Prince Harry, Guy Ritchie, Hugh Grant, Lewis, David Folkenflik, , heatedly —, ” Folkenflik, , Lewis ’, Murdoch, Sally Buzbee, Buzbee, Matt Murray, Sally, ” Lewis, Organizations: CNN, The Washington Post, Murdoch’s News Corporation, NPR, , Wall, Washington Post, ‘ Washington Post, New York Times, Times, Post, Wall Street Locations: Rupert Murdoch’s “, ‘ Washington
Will Lewis, the chief executive of The Washington Post, repeatedly offered an exclusive interview to an NPR reporter if the reporter agreed not to write about allegations against Mr. Lewis in a phone-hacking scandal in Britain, according to an account by that reporter published on Thursday. David Folkenflik, a veteran media reporter for NPR, wrote that a spokesperson for Mr. Lewis confirmed the offer in December. That spokesperson declined to comment when approached again Thursday, according to NPR. “In several conversations, Lewis repeatedly — and heatedly — offered to give me an exclusive interview about the Post’s future, as long as I dropped the story about the allegations,” Mr. Folkenflik wrote. A spokeswoman for Mr. Lewis said that “when he was a private citizen ahead of joining The Washington Post, he had off the record conversations with an employee of NPR about a story the employee then published.” The spokeswoman said any interview requests with Mr. Lewis after he joined The Post were “processed through the normal corporate communication channels.”
Persons: Will Lewis, Lewis, David Folkenflik, , heatedly —, ” Mr, Folkenflik, Organizations: The Washington Post, NPR, , Post Locations: Britain
Read previewAmy Robach says she rediscovered her "feminine energy" after she started dating her former colleague T.J. Holmes. During the conversation, Ouimet said women should be tapping into their feminine energy to attract a male partner. "All the power is in the feminine energy," Ouimet told the couple. "When a woman is truly in your feminine energy, it is magnetic, and so many things will happen for you because you're in that abundance receiving mode." Not paying for datesIn a May 20 episode of their podcast, Robach said Holmes doesn't let her pay on any of their dates.
Persons: , Amy Robach, T.J, Holmes, Amy, Thalia Ouimet, Ouimet, Robach, she's, I've, Holmes doesn't, There's, Ouibet, It's, Nelly Sudri, Nadeen Hui Organizations: Service, Business, doer, ABC, ABC News, BI
Weeks before the embattled executive editor of The Washington Post abruptly resigned on Sunday, her relationship with the company’s chief executive became increasingly tense. In mid-May, the two clashed over whether to publish an article about a British hacking scandal with some ties to The Post’s chief executive, Will Lewis, according to two people with knowledge of their interactions. Sally Buzbee, the editor, informed Mr. Lewis that the newsroom planned to cover a judge’s scheduled ruling in a long-running British legal case brought by Prince Harry and others against some of Rupert Murdoch’s tabloids, the people said. As part of the ruling, the judge was expected to say whether the plaintiffs could add Mr. Lewis’s name to a list of executives who they argued were involved in a plan to conceal evidence of hacking at the newspapers. Mr. Lewis told Ms. Buzbee the case involving him did not merit coverage, the people said.
Persons: Weeks, Will Lewis, Sally Buzbee, Lewis, Prince Harry, Rupert Murdoch’s Organizations: The Washington Post
The myth of Donald Trump is that he is immune to scandal — that there’s nothing he could say or do that would undermine his political prospects. In this rendering of the Trump dynamic, his shamelessness helps him glide past controversy, and the unshakable devotion of his base keeps him afloat through the worst of storms. The truth of Donald Trump is very far from the myth. Trump did not shrug off the debacle of the “Access Hollywood” tape; his campaign came as close as it ever would to total collapse. Even minor scandals, like his derisive reference to “shithole countries,” forced both Trump and his White House into a defensive crouch.
Persons: Donald Trump, Trump, , crouch Organizations: Trump, Republican, White Locations: Charlottesville, Va
Just ask Black rugby player and England international Sadia Kabeya, who says a lack of cultural and ethnic diversity in her sport took a toll on her identity. Representation mattersA 2020 report by Sport England showed that the participation share of White British adults in rugby union was more than 90%, 8.2% higher than the national population share. A lack of diversity in the sport in England is also reflected in the demographics of rugby audiences. Kabeya is particularly passionate about the topic of Black rugby players’ hair. Its significance runs deep, given the historical links between Black hair and identity and also resistance.
Persons: Kabeya, , , ” Kabeya, Maud Muir, Lucy Packer, David Rogers, you’re, White, ” “, ” Jatin Patel, weren’t, Luther Burrell, Burrell, ” Patel, Ashton Hewitt –, , ” Hewitt, Hewitt, Tyler Miller, Liam Scott, Scott, Mike Hewitt, Patel, George Floyd Organizations: CNN — Elite, England, CNN Sport, Rugby Football Union, RFU, Rugby, Rugby Players Association, Nations, Richmond Women, CNN, Six Nations, Getty, Loughborough Lightning, Sport England, Diversity, Daily Mail, Newcastle Falcons, Dragons, United Rugby, Leinster, rugby, Ireland, Twickenham, Pictures Locations: , England, London, Richmond, Wales, Dublin, Black
But this staple of preppy American fashion has humble origins, far from Martha’s Vineyard or the hallways of Yale or Harvard, in Chennai, India, the coastal city from which it takes its name. Krishnan Nair,” a biography of the Indian textile magnate and hotelier who first sold Jacobson the madras, in a video interview with CNN. From Chennai to shores of the CaribbeanFort St. George was established in the 1630s, helping the British cement a monopoly on the highly lucrative Indian textile industry. Research by the London School of Economics estimates that Indian cotton textiles, which were often exchanged for slaves, accounted for 30% of the total export value of 18th century Anglo-African trade. A madras fabric weaving workshop in Chennai, the Indian city once known as Madras, circa 1990.
Persons: Lisa Birnbach’s “, Ralph Lauren, Brooks, William Jacobson, , Bachi Karkaria, Captain C.P, Krishnan Nair, Jacobson, Tony Cenicola, Karkaria, — Nair, , , David Ogilvy, Leonard McCombe, Nair, Ogilvy, Elihu Yale, George, Hathaway, India Madras ”, Eli Yale, King George I, Hathaway Yale, Yale, Kai Toussaint Marcel, Marcel, Tommy Hillfiger, Kimberly M, Jenkins, Patrick Horvais, madras “ Organizations: CNN, Brooks Brothers, Yale, Harvard, New York Times, Milton Academy, madras, Ivy League, East, Yale College, Yale University, Yale . Yale, East India Company, Metropolitan Museum of Art, Parsons School of, London School of, Princeton, Miss College, Sports Locations: madras, Bahamas, Chennai, India, Madras, West Africa, Milton , Massachusetts, superstardom, East India, Fort St, India Madras, Scottish, North Africa, Nigeria, America, Caribbean, St, West Indies, England, France, New Orleans, East Coast, Bermuda, madras Bermuda, Rhode Island, Newport, South Florida, Palm, Fisher
Rob Menendez — the son of Sen. Bob Menendez — just survived a tough primary challenge. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It's a significant victory for the younger Menendez, who had found himself in the fight of his life amid his father's lurid corruption scandal. Sen. Menendez has been accused of accepting bribes in the form of wads of cash and gold bars in exchange for, among other things, acting as a foreign agent. This story is available exclusively to Business Insider subscribers.
Persons: Rob Menendez —, Sen, Bob Menendez —, Ravi Bhalla, , Rob Menendez, Menendez Organizations: Hoboken, Service, Rob Menendez of New, Democratic, Associated Press, Business Locations: New Jersey, Rob Menendez of, Rob Menendez of New Jersey
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