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☆ U.S. Plans to Sue Ticketmaster Owner, Accusing It of Defending a Monopoly
▼ + stars: | 2024-05-22 | by ( David Mccabe | Ben Sisario | ) www.nytimes.com time to read: +1 min

The Justice Department and a group of states plan to sue Live Nation Entertainment, the concert giant that owns Ticketmaster, as soon as Thursday, accusing it of illegally maintaining a monopoly in the live entertainment industry, said three people familiar with the matter. That helped the company maintain a monopoly, raising prices and fees for consumers and limiting innovation in the ticket industry, the people said. The government will argue that tours promoted by the company were more likely to play venues where Ticketmaster was the exclusive ticket service, one of the people said, and that Live Nation’s artists played venues that it owns. Live Nation is a colossus of the concert world and a force in the lives of musicians and fans alike. Its scale and reach far exceed those of any competitor, encompassing concert promotion, ticketing, artist management and the operation of hundreds of venues and festivals around the world.

Organizations: Justice Department, Live Nation Entertainment, Ticketmaster

☆ Homeowners Who Planned to Demolish Marilyn Monroe House Sue Los Angeles
▼ + stars: | 2024-05-08 | by ( Remy Tumin | ) www.nytimes.com time to read: +1 min

The owners of the house where Marilyn Monroe last lived and died are suing the city of Los Angeles over what they call “backroom machinations” as part of efforts to landmark the house and save it from a planned demolition. In a lawsuit filed in Superior Court in Los Angeles County on Monday, lawyers for Brinah Milstein and Roy Bank accused the city of violating its own codes and conspiring with third parties to secure its desired outcome during a hurried process to designate the house at 12305 Fifth Helena Drive a historical landmark last fall. This lawsuit highlights how the city engaged in a “corrupt process to guarantee their preferred outcome rather than engaging in a neutral and fair process,” Peter C. Sheridan, a lawyer for the couple, said in a statement. The city did not respond to a request for comment. Ms. Monroe was the world’s most famous woman when she moved in March 1962 to Fifth Helena Drive, a secluded residential street in the Brentwood neighborhood that is part of a set of 25 cul-de-sacs off Carmelina Avenue.

Persons: Marilyn Monroe, ”, Brinah Milstein, Peter C, Sheridan, Monroe Organizations: Roy Bank, Fifth Helena, Fifth Locations: Los Angeles, Superior Court, Los Angeles County, Brentwood

☆ Dozens of former employees plan to sue Bowlero alleging discrimination after EEOC closes case, lawyer says
▼ + stars: | 2024-05-06 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +8 min

During the company's earnings call with Wall Street analysts later Monday, executives said that the EEOC investigation was now behind them and would no longer be a distraction. "Because of limited resources, we cannot file a lawsuit in every case where we find discrimination," the EEOC explains on its website. It's unclear if the question of whether to sue Bowlero made it to a vote with the EEOC's commissioners. He told CNBC he plans to sue Bowlero for $80 million, plus legal fees. In response, Bowlero's attorneys Alex Spiro and Hope Skibitsky at law firm Quinn Emanuel said they "are pleased with the outcome of the EEOC investigation."

Persons: Bowlero, Thomas Shannon, Robert Lavan, there's, it's, Daniel Dowe, EEOC, Dowe, Alex Spiro, Hope Skibitsky, Quinn Emanuel, Thomas Tanase, Tanase's, didn't Organizations: U.S, Commission, CNBC, AMF, Lucky, Wall Street, Bowlero Locations: North America, Virginia

☆ 12 portfolio companies report earnings in the week ahead. What we want to hear from each
▼ + stars: | 2024-04-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . In the week ahead, earnings are likely to drive the action again, though we'll get a few important macroeconomic reports. Earnings: We've got the biggest week of the earnings season ahead of us, with 12 Club holdings set to report. Eli Lilly 's report Tuesday morning continues to be all about sales of type-2 diabetes treatment Mounjaro and weight-loss drug Zepbound. In DuPont 's report Wednesday morning, we're looking for a continued rebound in its semiconductor business following a sequential increase last quarter.

Persons: Ford, we'll, Dow Jones, We've, Buckle, Eaton, Eli Lilly, Lilly, We're, Estee Lauder, Fabrizio Freda, we've, Linde, Bausch, Royal Philips, Woodward, SIRI, Archer, Johnson, Stanley Black, Decker, BAX, Cardinal Health, Parker, Belden, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Microsoft, Meta, Google Search, Big Tech, Nvidia, Broadcom, Ford Motor, Honeywell, Danaher, Labor Department, Labor, PMI, Services PMI, GE Healthcare, Amazon Web Services, Starbucks, Deutsche Bank, DuPont, Bausch Health, U.S ., Appeals, Apple, iPhones, Vision, ON Semiconductor, Resource Partners, Franklin Resources, Paramount, Transocean Ltd, Semiconductors, Arch Capital, Logitech International, Lattice Semiconductor, F5 Networks, Sanmina Corporation, GE HealthCare, PayPal, 3M Company, McDonalds, Enterprise Products Partners, Cola Company, Melco Resorts, Entertainment, SiriusXM Holdings, Oatly, American Electric Power Company, Leidos Holdings, Marathon Petroleum, Daniels, Midland Co, Equitrans Midstream Corporation, HSBC Holdings, HSBC, Devices, Caesars Entertainment, Lumen Technologies, Mondelez, Pfizer, CVS Health, Barrick, Mastercard Inc, Cruise Line Holdings Ltd, Kraft Heinz Company, Marriott International, Ares, Generac Holdings, Johnson Controls, Cenovus Energy Inc, Qualcomm, Devon Energy, Paycom, Axcelis Technologies, Coeur D'Alene Mines, Sunnova Energy International, MGM Resorts International, MGM, Solar Inc, Oil, Allstate, Co, Tenable Holdings, Enovix Corporation, Gladstone Capital, Avis Budget Group, eBay, EBAY, LIN, Novo Nordisk, Natural Resources, PENN Entertainment, Apache, ConocoPhillips, InMode Ltd, Baxter International, Cardinal, Regeneron Pharmaceuticals, Apollo Global Management, LLC, Cinemark Inc, Dominion Energy, Coterra Energy, Coinbase, Bill.com Holdings, Booking Holdings, United States Steel, AXT Inc, Materials, Energy, Hershey Company, XPO Logistics, Cboe, American Pipeline, Amneal Pharmaceuticals, Brookfield Business Partners, Brookfield Renewable Corporation, Magna International, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Bloomberg, Getty Locations: U.S, megaprojects, China, Eaton, Corning, Coeur D'Alene, Albemarle, ALB, Novo, New York

☆ WSJ: Justice Department will sue Live Nation for antitrust violations
▼ + stars: | 2024-04-16 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The US Department of Justice is preparing to sue the country’s largest concert promoter and ticketing website Live Nation in the coming weeks for breaking America’s antitrust laws, the Wall Street Journal reported, citing anonymous sources familiar with the Justice Department’s plans. The lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, will allege the ticketing company used its market-leading position to harm competition for live events, the Journal reported. Shares of Live Nation (LYV) dropped nearly 7% in premarket trading Tuesday. Live Nation and the Justice Department didn’t respond to CNN’s request for comment about the Journal’s report. Live Nation and Ticketmaster merged in 2010, now billing itself as the “largest live entertainment company in the world.”

Persons: Department’s, Justice Department didn’t, Taylor Swift’s, Swift, Joe Berchtold, ”, Jack Groetzinger, SeatGeek Organizations: New, New York CNN, US Department of Justice, Wall Street Journal, Live Nation Entertainment, Ticketmaster, Justice Department, Live, Republicans, Rivals Locations: New York, United States

☆ Live Nation could be hit with antitrust suit as soon as next month: report
▼ + stars: | 2024-04-15 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Live Nation is expected to be hit with an antitrust lawsuit as soon as next month, The WSJ reported. Live Nation, which owns Ticketmaster, has long faced criticism over its ticket fees. The Justice Department could sue Live Nation, the concert giant that owns Ticketmaster, as soon as next month following a probe into its handling of venue and ticket negotiations, The Wall Street Journal reported Monday. Related storiesThe department is prepared to file the antitrust suit alleging Live Nation leveraged is dominance in the market to suppress competition, The Journal reported, citing people familiar with the matter. Swift released a statement shortly after the incident saying she was "pissed off" and described the outage as "excruciating," The New York Times reported at the time.

Persons: —, Taylor, Swift, I'm, Swifties Organizations: WSJ, Ticketmaster, Service, The, Street, Legal, Institute of Cornell Law School, LiveNation, Justice Department, Business, New York Times, Times, Billboard

☆ Former Bowlero exec says company threatened to report him to FBI in proposed extortion, retaliation suit
▼ + stars: | 2024-04-09 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +11 min

Equal Employment Opportunity Commission alleging they were fired based on their age or out of retaliation, according to company securities filings and the proposed countersuit. Bowlero says that Tanase resigned and then had a change of heart when he realized he wouldn't get severance pay. Now, Tanase is seeking the court's permission to countersue Bowlero and the company's executive vice chairman, Brett Parker. I've told you this before," said Tanase, according to the transcript. He also claims Bowlero sued him to deter him from filing a complaint with the EEOC or serving as a witness in its investigation into Bowlero.

Persons: Bowlero's, Thomas Tanase, Bowlero, Tanase, Thomas Shannon, countersue Bowlero, Brett Parker, Parker, Daniel Dowe, he'd, haven't, I've, Alex Spiro, Quinn Emanuel, Elon Musk, Alec Baldwin, Spiro, Scott Pickus, Pickus, Shannon Organizations: Bowlero, U.S, AMF, Lucky, Federal, CNBC, FBI, Elon Locations: Virginia, North America, Bowlero

☆ She Spent Her Birthday at an Airbnb, and Never Left
▼ + stars: | 2024-03-01 | by ( Rosalie R. Radomsky | ) www.nytimes.com time to read: +1 min

Angela Sue Lucas booked a two-day getaway for her 40th birthday in July 2020 at Club DLuxx, an Airbnb run by Dennis Peter Weisse in North Fort Myers, Fla. Or, so she thought. “I refused her reservation,” said Mr. Weisse, 70, who was nicknamed DLuxx by a high school buddy. “I have other guests staying at Club DLuxx and it wouldn’t be fair.” The house is Mr. Weisse’s home, out of which he rents two rooms. The next day, Ms. Lucas, 43, who goes by Angie, set him straight. “I was excited about my birthday staycation,” replied Ms. Lucas, who was looking for a quiet solo escape in early pandemic times.

Persons: Angela Sue Lucas, Dennis Peter Weisse, “, ”, Weisse, DLuxx, Weisse’s, Lucas, Angie Organizations: DLuxx, Lehigh Locations: North Fort Myers, Fla, Lehigh Acres, “

☆ Florida Republican Byron Donalds said IVF helps people 'breed great families' which the 'country desperately needs'
▼ + stars: | 2024-02-25 | by ( Katie Balevic | John L. Dorman | ) www.businessinsider.com time to read: +3 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Sunday, Rep. Byron Donalds of Florida took to NBC's "Meet the Press," where he stated that he fully supports IVF, which helps people "create great families, which is what our country desperately needs." "The IVF procedure is very important to a lot of couples in our country," Donalds said. AdvertisementLast week, former President Donald Trump spoke of the need for IVF availability on his Truth Social platform. Beshear was reelected to a second term by 5 points in a state that Trump had won by 26 points in 2020.

Persons: —, Byron Donalds, Donalds, Trump, Donald Trump, Roe, Wade, Andy Beshear, needling, Beshear Organizations: Service, Alabama's, Republicans, Sunday, Press, MSNBC, GOP, Democratic Locations: Florida, Alabama, America, Kentucky

☆ Coca-Cola is adding its first permanent flavor in three years
▼ + stars: | 2024-02-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —For the past few years, Coca-Cola has experimented with wacky limited-time offerings, but its latest flavor is its first permanent addition in a while. Coca-Cola Spiced is a new soda that blends the “iconic taste” of Coke with a “burst of refreshing notes from raspberry and spiced flavors,” the company announced Wednesday. Coke doesn’t often add new permanent flavors to its lineup: Spiced joins just a few other flavors it always sells, including its flagship flavor, cherry and vanilla. “It appears Coca-Cola is looking to splice that trend onto its flagship with hopes of getting young consumers to consider the entire franchise,” he told CNN. Coca-Cola Spiced goes on sale February 19 in both cans and bottles in various sizes at most national retailers.

Persons: Coke, it’s, Sue Lynne Cha, ”, there’s, Duane Stanford Organizations: New, New York CNN, North, CNN, “, Beverage Digest Locations: New York, Coke, Canada, North America

☆ Wellness influencers fueled pandemic misinformation. Now they have another big conspiracy in their sights
▼ + stars: | 2024-02-04 | by ( Laura Paddison | ) edition.cnn.com time to read: +12 min

As interest in the pandemic waned, experts say some wellness influencers have latched on to climate change to galvanize followers. Patrick T. Fallon/AFP/Getty ImagesCécile Simmons, a trained yoga teacher, was surprised when many of the wellness accounts she followed started posting about climate change. Some wellness influencers are exposing young audiences to a slew of climate misinformation. Climate misinformation is having “a profound impact” both on people’s beliefs and on the normalization of fringe perspectives, Caulfield said. It’s particularly worrying as it allows climate misinformation to reach new audiences, experts say, including young people that might otherwise be supportive of climate change action.

Persons: Instagram, influencer @truth_crunchy_mama, “, ” They’re, influencer @drmercola, Patrick T, Fallon, Cécile Simmons, ”, Simmons, Joseph Mercola, it’s, Stephanie Alice Baker, Halbert L, Dunn, Baker, Derek Beres, Marc, André Argentino, ” Beres, Callum Hood, Hood, they’re, Tim Caulfield, Spencer Platt, ” CCDH’s Hood, Caulfield, Mariah Wellman, ” Wellman, ” Caulfield, —, It’s, ” Simmons Organizations: CNN, Getty, Institute for Strategic, Global Wellness Institute, City University, Wellness, Center, University of Alberta, University of Illinois, Meta Locations: Hawaii, Lahaina , Hawaii, AFP, globalists, Chicago

☆ Millennials, Gen Z Mistakenly Bet on Inheritance From Boomer Parents
▼ + stars: | 2023-10-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +14 min

When she died, Grandma Sue left the most common form of inheritance, called an accidental bequest, which is simply the money left over when someone dies. The New York Times reported on a coming inheritance wealth boom in 2023, 2019, 2014, 2008, and 1999. Even for families with incomes in the 51% to 90% range of earners, the average inheritance was $46,000 — hardly life-changing money. Researchers have been talking about the coming Great Wealth Transfer for at least a quarter of a century. But the reality is that all the wealth boomers are sitting on probably won't end up fixing our collective financial problems.

Persons: Grandma Sue, Grandma Sue's, —, Xers, Gen Zers, Xer, shouldn't, Edward Wolff of, Maury Gittleman, Wolff, Gittleman, Michael Bloomberg, Warren Buffett, Larry Ellison, Bill Gates, Isabel Sawhill, It's, Penn, there's, they're, Bank of America cardholders, Joseph Smith, haven't, boomer, Ann Logue Organizations: Social Security, Medicaid, Boomers, Federal Reserve, New York Times, Edward Wolff of New York University, US Bureau of Labor Statistics, Federal, Brookings Institution, University of Pennsylvania, Penn, Medicare, Family Foundation, Bank of America, Consumer, Department of, Northwestern Mutual, IRS Locations: Northwestern, Chicago

☆ Transition Plans Are The Latest Climate Action Trend
▼ + stars: | 2023-10-10 | by ( Rochelle Toplensky | ) www.wsj.com time to read: +3 min

The Transition Plan Taskforce published a framework for companies looking to create transition plans. Photo: London Stock Exchange GroupCompanies have a new climate-action tool: transition plans. Some companies, such as Mars and Allianz , have recently published transition plans. The U.K.’s Transition Plan Task Force published its framework Monday, offering a template for companies looking to create transition plans. Even though disclosure requirements are currently voluntary, transition plans are a live issue for many businesses that can help them shift the conversation to how they can achieve their net-zero goals.

Persons: ”, Mary Schapiro, Amanda Blanc, David Schwimmer, ’ ”, Sue Lloyd, Rochelle Toplensky Organizations: London Stock Exchange Group, Mars, Allianz, London Stock Exchange, Glasgow Financial Alliance, U.S . Securities, Exchange Commission, Force, Business, Aviva Group, ’, Rochelle, rochelle.toplensky@wsj.com Locations: United Nations, Dubai

Gavin Newsom signed a law Saturday to bolster eviction protections for renters and close a loophole in an existing law that has allowed landlords to circumvent the state’s rent cap. The move updates a 2019 landmark law that created rules around evictions and establishing a rent cap at 5% plus the inflation rate, with a 10% maximum. Under the 2019 law, landlords can evict tenants for “at fault” or “no fault” reasons. Renters’ advocates said some landlords have exploited the “no fault” evictions to get around the state’s rent cap. Under the new law, landlords moving into their units or renting to family also must identify the people moving in.

Persons: —, Gavin Newsom, ’, ”, Michelle Pariset, Sen, María Elena Durazo Organizations: Democratic, Public Locations: SACRAMENTO, Calif, Santa Clara

☆ CEO shares a ‘secret trick’ for deciding to quit your toxic job: 'It can make it much, much clearer'
▼ + stars: | 2023-09-29 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Toxic bosses are far too common: They're the reason 57% of employees have quit a job, according to one report. Robyn L. Garrett, an author and CEO of leadership coaching firm Beamably, has a "secret trick" for figuring out whether it's time to abandon ship. "We don't always know why we have negative feelings about the workplace, but if you've taken the time to define your values, it can make it much, much clearer." You should probably consider leaving your job if you are completely opposed to your boss's approach on a moral level. If they're stuck in their ways, you'll have to resort to changing your communication style to match theirs.

Persons: Robyn L, Garrett, Beamably, you've, they'll, they're Organizations: Harvard, Harris Poll, Interact, CNBC

☆ Craft beer, marriages and air travel: The collateral damage of a government shutdown
▼ + stars: | 2023-09-29 | by ( Alex Seitz-Wald | ) www.cnbc.com time to read: +14 min

Staff, meanwhile, have been forced to put their real jobs on hold to prepare for the looming shutdown. National parksThe National Park Service plans to close its parks and furlough park rangers if the government shuts down on Sunday. During the 2018-2019 shutdown, the parks themselves remained accessible, but without most services. Some presidential libraries would remain open as long as they have sufficient funds, but others would close and research services would be reduced. A shutdown would result in a "data blackout" of critical economic statistics that influence markets and businesses around the globe.

Persons: Donald Trump, that's, Biden, Joshua, Armando L, Sanchez, Pete Buttigieg, they're, White, Treasury Department furloughed, shutdowns Organizations: Yosemite, Fresno Bee, Tribune, Service, Getty, White House Council, Economic Advisers, Management, Staff, National Park Service, Park Service, Department of Interior, NBC, Congressional Research Service, National Zoo, U.S . Holocaust, Museum, National, Science, National Science Foundation, National Institutes of Health, Centers for Disease Control, Prevention, FBI Agents Association, FBI, Air, Transportation Security, LaGuardia, TSA, O'Hare International, State Department, Consular, Education Department, AmeriCorps, Agriculture Department, Assistance, Women, Small Business Administration, Federal Housing Administration, Social, Consumer, Food and Drug Administration, Consumer Product Safety, Environmental Protection Agency, Occupational Safety, Health Administration, Labor, —, Social Security, Medicare, Treasury Department, Foreign Assets Control, Russia Locations: El Capitan, Yosemite Valley, Washington, Civil, U.S, Europe, Southeast Asia, New Mexico, shutdowns, New York, Chicago, Russia, Iran, Ukraine

The plan could transform the global diamond supply chain, but implementation will depend heavily on India, whose diamond industry employs millions of people who cut and polish 90% of the world's diamonds. If it goes ahead as anticipated, it would split the global consumer diamond market. The EU bought 1.4 billion euros ($1.5 billion) worth of Russian diamonds last year, based on data from Eurostat, as the EU has not banned Russian gem imports nor blacklisted Alrosa. As of 2021, global rough diamond sales totalled $16.4 billion, while demand for polished diamonds was $28 billion, the De Beers report showed. "I think the G7 officials involved with this are taking it quite seriously and I believe they will strictly enforce it.

Persons: Belgium's, Alrosa, De Beers, Paul Zimnisky, Zimnisky, Julia Payne, Polina Devitt, Clara Denina, Shivangi Acharya, Rajendra Jadhav, Toby Chopra, David Holmes, Veronica Brown, Jane Merriman Organizations: EU, Eurostat, De Beers, De, Industry, Belgian, Jewellery Export, Thomson Locations: India, Antwerp, BRUSSELS, LONDON, Ukraine, Belgium, Brussels, Russia, United States, INDIA, AFRICA, Africa

☆ U.S. food companies go deal hunting as pandemic growth fades
▼ + stars: | 2023-09-08 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +3 min

Last month, Campbell Soup (CPB.N) struck a $2.7 billion deal for Rao's sauce maker Sovos Brands (SOVO.O). Reuters GraphicsReuters Graphics Reuters Graphics"Large food companies need to add more new concepts, new flavor profiles and new food items because their old brands - though still growing - are not growing at a meaningful rate," Milani said. Packaged food companies "are now faced with some difficult comparisons on organic (sales) and are seeking some strategic, category-specific M&A targets that will propel them through the next few years," Henry said. "Most of the large cap packaged food companies have ... diligently reduced their debt and improved their balance sheet (through the pandemic)...so they have the risk capacity and risk appetite to pursue large-scale acquisitions," CFRA Research analyst Arun Sundaram said. "These packaged food companies need to continue finding ways to stay relevant ... And so one of the easiest ways to do that is through M&A."

Persons: Brendan McDermid, Campbell, There's, Michael Milani, Baker Tilly, Milani, Kraft Heinz, Sarah Henry, Henry, Mills, Luca Zaramella, Hershey, J.P, Morgan, Arun Sundaram, Deborah Sophia, Arun Koyyur Organizations: Campbell Soup, New York Stock Exchange, REUTERS, Sovos, Unilever, Mars, Reuters Graphics Reuters, Reuters, Logan Capital Management, PepsiCo, Mondelez, Barclays, Hostess Brands, Thomson Locations: New York, U.S, North America, dealmaking, Bengaluru

☆ At Taser maker Axon, ex-staff say loyalty meant being tased, tattooed
▼ + stars: | 2023-08-30 | by ( Scottsdale | ) www.reuters.com time to read: +34 min

Reuters also interviewed 63 current and former Axon employees, including nine former executives. No one with whom Reuters spoke was aware of deaths or lawsuits stemming from tasings of Axon staff. Axon has faced fewer lawsuits since 2009, the year it introduced a new Taser model with a lower charge. Screenshots from an Axon promotional video show CEO Rick Smith taking a Taser hit in 1993, the year he co-founded the business. And that’s off-putting.”Gorman, the former Axon lawyer, said he “vividly” remembers an executive asking him if he was going to be tased.

Persons: Ross Blank, Blank, Steve Tuttle, Shawn Gorman, ”, Jennifer Chatman, Rick Smith, Andrea James, ” James, Axon’s, tasings, ” Blank, Tuttle, Staff tasings, “, Valencia Gibson, Gibson, Reuters –, Axon’s “, Bro, Josh Isner, Isner, James, –, Ann Rosenthal, Rosenthal, ” Rosenthal, Sigma Chi, Smith, ” Smith, ” Michael Church, Hans Marrero, Marrero, ” Marrero, “ I’m, ’ ” Smith, “ It’s, ” Gibson, ” ‘, impressionable, squinting, Keara, Rylan, Mihir Shah, ” Shah, Mario Barth, “ Willing, It’s, Isaiah Fields, Wayne Guay, Lamar Cousins, Cousins, Kevin De Rosa Jr, De Rosa, ” Isner, Smith’s, De Rosa bellowed, They’re, ” Gorman, You’re, Jeffrey Dastin, Paresh Dave Art, John Emerson, Julie Marquis Organizations: Enterprise Inc, Reuters, Haas School of Business, University of California, Staff, Scottsdale, Yorker, U.S . Securities, Exchange Commission, . Occupational Safety, Health Administration, federal, Safety, Health, Labor, Sigma, Harvard, Sigma Chi, Boston Magazine, Harvard’s Sigma Chi, U.S . Marine Corps, YouTube, Employment, Los, Keara Berlin, ” Employees, Los Angeles Police Department, Wharton School, University of Pennsylvania, strapping, Culture Locations: Berkeley, Rome, United States, Arizona, U.S, Las Vegas, Los Angeles, “, Berlin, Sacramento, San Jose , California, tasings, Mandalay, Scottsdale, wasn’t

☆ N.F.L. Increases Penalties for Sexual Misconduct in Light of Deshaun Watson Case
▼ + stars: | 2023-07-31 | by ( Jenny Vrentas | More About Jenny Vrentas | ) www.nytimes.com time to read: +1 min

has changed its personal conduct policy, expanding the offenses that warrant more serious penalties to include sexual assault “involving threats or coercion” and including “a pattern of conduct” and “offenses that involve planning” as factors that could increase punishment. These changes come one year after a disciplinary officer cited limitations of the league’s policy in issuing initial discipline to Cleveland Browns quarterback Deshaun Watson, who was accused of sexual misconduct and harassment by more than two dozen women. Watson, 27, denied the accusations. He was not charged criminally and has settled 23 of the 26 lawsuits filed against him; one was withdrawn (“in light of privacy and security concerns,” according to a court filing) and two others are still active. They spoke under condition of anonymity because they were not authorized to comment publicly.

Persons: Deshaun Watson, Watson, Sue L, Robinson Organizations: Cleveland Browns, The New York Times

[1/2] A Lordstown Motors sign is seen outside the Lordstown Assembly Plant in Lordstown, Ohio, U.S., June 21, 2021. REUTERS/Rebecca Cook/File PhotoNEW YORK, June 27 (Reuters) - U.S. electric truck manufacturer Lordstown Motors (RIDE.O) filed for bankruptcy protection on Tuesday and put itself up for sale after failing to resolve a dispute over a promised investment from Taiwan's Foxconn (2354.TW). Lordstown contends Foxconn is balking at purchasing additional shares of its stock as promised and misled the EV maker about collaborating on vehicle development plans. Lordstown accused Foxconn in that regulatory filing of engaging in a "pattern of bad faith" that caused "material and irreparable harm" to the company. GM agreed to sell the plant to a newly-formed entity called Lordstown Motors founded by the former top executive at an electric truck maker called Workhorse Group.

Persons: Rebecca Cook, Taiwan's Foxconn, Thomas Hayes, Tesla, Lordstown, Foxconn, Edward Hightower, Donald Trump, Mary Barra, Nikola, Stephen Burns, Burns, Elon Musk's Tesla, Mike Spector, Joseph White, Dietrich Knauth, Ben Blanchard, Sarah Wu, Chavi Mehta, Nick Zieminski, Dhanya Ann Thoppil, David Evans Organizations: REUTERS, Lordstown Motors, Foxconn, Hai Precision Industry, General, Reuters, Endurance, EV, Biden, Detroit, GM, Lordstown, U.S . Justice Department, Ford Motor, Stellantis, Thomson Locations: Lordstown, Lordstown , Ohio, U.S, Ohio, Delaware, Foxconn, United States, Northeast Ohio, New York, Detroit, Taipei, Bengaluru

☆ Pro Take: Forget the SEC, International Climate Reporting Standards Could Become the Global Baseline
▼ + stars: | 2023-06-26 | by ( Rochelle Toplensky | ) www.wsj.com time to read: +8 min

New international sustainability reporting standards could fulfill their ambition in becoming the global baseline as the advantages of using a single standard worldwide may, for many companies, outweigh the disadvantages of being more demanding than the SEC’s coming climate reporting rules. On Monday, the International Sustainability Standards Board released its initial two reporting standards. PREVIEWDespite the strong demand for one standard, U.S. and European Union officials are each developing their own climate reporting regimes. It is now up to individual countries and jurisdictions to decide if and when they will adopt the ISSB standards. Sue Lloyd, vice chair of the International Sustainability Standards Board, at the launch of the inaugural sustainability standards.

Persons: Sue Lloyd, ”, Brian Moynihan, Lloyd, Um, Lysanne Gray, Eelco van der Enden, Jean, Paul Servais, Benoit Doppagne, Iosco, Unilever’s Gray, Rochelle Toplensky, Amplifications Iosco Organizations: Sustainability, Task Force, Sustainable Business, European Union, International Organization of Securities Commissions, Securities, Exchange Commission, U.S, Wall Street, Bank of America, London Stock Exchange, Asian Development Bank, Unilever, Alignment, Global, Initiative, Belgian Financial Services, Markets, FSMA, Zuma Press, Accounting, Rochelle, wsj.com Corrections, Amplifications Locations: EU, Australia, Canada, Japan, Hong Kong, Malaysia, New Zealand, Nigeria, Singapore, Glasgow, Monday’s, Egypt, Africa, Asia, U.S

☆ A Genius Tomato Salad Primed for Picnics
▼ + stars: | 2023-06-14 | by ( Melissa Clark | ) www.nytimes.com time to read: +1 min

Closer to home, an easier alfresco option might be your very own backyard (or stoop, sidewalk, courtyard or fire escape). Yotam Ottolenghi has a new recipe this week that’s slightly more involved, but just as colorful and fresh. Zaalouk with tahini is a Moroccan salad with spiced tomatoes, peppers and eggplant, all coated in a plush tahini-lemon dressing. Scoop it up with bread as a light meal, or serve it alongside roasted meats or fish for something more substantial. I ate it with flaky sea salt sprinkled on top and some vanilla ice cream on the side.

Persons: maven Nikita Richardson, We’ve, Sue Li’s, Ottolenghi Organizations: Food, Hamptons Locations: New York City, New York, Williamsburg, Moroccan

☆ Shares fall as US debt deal goes to a vote; China data rattles nerves
▼ + stars: | 2023-05-31 | by ( Amanda Cooper | ) www.reuters.com time to read: +4 min

Data showed China's manufacturing activity fell more than expected in May, while services growth -- which has been one of the few bright spots in its patchy recovery -- slackened to its slowest pace in four months. For any investors hoping for a sustained bounce in Chinese growth after the elimination of stringent COVID restrictions late last year, the figures offered more evidence that the economy is losing steam, further dimming the global outlook. The euro tumbled by as much as 0.7% on the day after data showed a rapid cooling in consumer price pressures in both France and Germany - the region's two largest economies. Meanwhile, Treasury yields fell after a deal to suspend the U.S. debt limit and avoid a default cleared a House of Representatives committee overnight. Two-year yields fell 5 bps to 4.428%.

Persons: they're, Michael Hewson, COVID, Matt Simpson, Treasuries, Brent, Tom Westbrook, Sam Holmes, Kim Coghill, Kirsten Donovan Organizations: Global, CMC, Burberry, Swatch Group, European Central Bank, Thomson Locations: China, Washington, Europe, France, Germany, Singapore

☆ Inside the Online Market for Overseas Abortion Pills
▼ + stars: | 2023-04-13 | by ( Allison Mccann | ) www.nytimes.com time to read: +17 min

A selection of abortion pill kits available online from overseas sellers. A chart of the estimated number of abortion pills provided outside the U.S. health care system from July through December 2022. For most patients, the cost of the service remains the most important factor in deciding where to get pills online. A chart showing the minimum, average and maximum cost of abortion pills from overseas providers: Aid Access, Las Libres and for-profit online sellers. A chart showing the minimum, average and maximum delivery speeds of abortion pills from overseas providers: Aid Access, Las Libres and for-profit online sellers.

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