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Warren Buffett expects Berkshire Hathaway's cash pile to hit more than $200 billion this quarter. The investor can't find assets worth buying and seems to see "storm clouds" ahead, Steve Hanke said. "Cash is king, and given what Buffett is being paid to hold it, the king is not going hungry," he said. AdvertisementWarren Buffett is building a cash pile as he probably can't find anything worth buying, and may be bracing for a tempest to hit, says Steve Hanke. This story is available exclusively to Business Insider subscribers.
Persons: Warren Buffett, Steve Hanke, Cash, Buffett, Organizations: Berkshire, Service, Johns Hopkins University, Business, Buffett, Apple Locations: Berkshire
In 2009, long before Jeff Yass became a Republican megadonor, his firm, Susquehanna International Group, invested in a Chinese real estate start-up that boasted a sophisticated search algorithm. Behind the scenes, employees of a Chinese subsidiary of Mr. Yass’s firm were so deeply involved, records show, that they conceived the idea for the company and handpicked its chief executive. They said in one email that he was not the company’s “real founder.”As a real estate venture, 99Fang ultimately fizzled. They say that 99Fang’s chief executive — and the search technology — resurfaced at another Susquehanna venture: ByteDance. ByteDance, the owner of TikTok, is now one of the world’s most highly valued start-ups, worth $225 billion, according to CB Insights, a firm that tracks venture capital.
Persons: Jeff Yass, Republican megadonor, 99Fang, Yass’s, , Zhang Yiming Organizations: Republican, Susquehanna International Group, Mr, Susquehanna Locations: ByteDance
IN WATCHING MIXED-BREED dogs play, I’ve often thought that mutts are more dog than the purest purebred. This brings me to Anton Chekhov’s “Uncle Vanya” (1897), a singularly psychologically destabilizing piece of theater that’s now being seen anew as a study of post-Covid paralysis, not to mention the existential dread of watching your life slip away by the spoonful. The pandemic and the boorish political and public discourse that followed drove us inward, unable to fight back, going nuts like poor Vanya. For Uncle Vanya, this situation becomes intolerable, especially after Serebryakov insists that the property be sold and the profits set aside for his comfort. Equally unbearable: the professor’s new wife, Yelena, a detached beauty years his junior who’s driving Vanya and the alcoholic Dr. Astrov, another visitor, batty with lust.
Persons: I’ve, William Shakespeare’s “, Edward Albee’s “, Virginia Woolf ”, , Anton Chekhov’s “, Vanya ”, that’s, you’re, Vanya, Plotwise, Serebryakov, , , he’s, he’s sponged, Uncle Vanya, Yelena, Astrov, batty, you’d Locations: Moscow
Family drama in the Garden State
  + stars: | 2024-03-13 | by ( Tracey Tully | ) www.nytimes.com   time to read: +1 min
These sordid details form the backbone of the bribery charges against New Jersey’s senior senator, Robert Menendez, a Democrat. In any other state, that would be enough drama. But in the Garden State, the scandal has uncorked an even more powerful political tempest. The audacious play for a highly coveted seat has prompted critics to pan her candidacy as rank nepotism. She is up against Andy Kim, a popular three-term Democratic congressman from South Jersey, who is perhaps best known nationally for a viral photograph of him cleaning up the Capitol after the Jan. 6 riot.
Persons: Robert Menendez, Tammy Murphy, New, Phil Murphy, Andy Kim Organizations: New, Garden State Locations: Garden, South Jersey
A powerful storm known as an atmospheric river swept over California on Thursday, soaking the state with rain and leaving a trail of damage that has become familiar to residents in recent years: fallen trees, flooded roads and snarled travel. Though the storm was not expected to cause the kind of chaos that was sown by a succession of atmospheric rivers last winter, forecasters and officials urged Californians to stay alert and be ready for an even larger tempest arriving over the weekend. “We are in full preparation mode,” said Jackie Ruiz, a spokeswoman for the Santa Barbara County Office of Emergency Management. “We’re definitely encouraging people to stay local, hunker down and if there’s no urgent need to be on the road, stay off the road.”Communities in Santa Barbara County, tucked between the mountains and the sea, are especially vulnerable to flooding and mudslides. But meteorologists said that significant rainfall from the back-to-back storms was likely to affect almost the whole state.
Persons: , Jackie Ruiz, “ We’re Organizations: Santa, Santa Barbara County, Emergency Management Locations: California, Santa Barbara,
LONDON (AP) — An American scientist has sparked a trans-Atlantic tempest in a teapot by offering Britain advice on its favorite hot beverage. Bryn Mawr College chemistry professor Michelle Francl says one of the keys to a perfect cup of tea is a pinch of salt. The tip is included in Francl’s book “Steeped: The Chemistry of Tea,” published Wednesday by the Royal Society of Chemistry. Not since the Boston Tea Party has mixing tea with salt water roiled the Anglo-American relationship so much. On the Chemistry World site, Francl said writing the book had “enhanced my enjoyment of a cup of tea” but noted “there were several disquieting discoveries along the way."
Persons: Michelle Francl, , boors, Debrett’s, , Francl, Organizations: Bryn Mawr College, Royal Society of Chemistry, Boston Tea Party, Twitter, Embassy Locations: An American, Britain, London, States, U.S
CNN —William Shakespeare’s influence over the world remains unwavering more than four centuries after the renowned dramatist began his career. To mark the continued resonance of the famed playwright’s words 400 years after the publication of his “First Folio” on November 8, 1623, British filmmaker Jack Jewers has sent a portrait of Shakespeare along with a speech from one of his best-known works to the edge of space. A team from aerospace company Sent Into Space helped with the space flight. “I had this image in my head: a portrait of Shakespeare – the universal playwright, whose work I truly believe speaks to everyone – backgrounded by space, with earth’s curvature in the background. “The parallels are uncanny and Shakespeare’s words are fresher now than ever before in their ability to speak powerfully to our own contemporary lives,” he added.
Persons: William Shakespeare’s, Jack Jewers, Shakespeare, Mr, William Shakespeares, , , Tom Baker, Who, , lockdowns Organizations: CNN, Reuters Locations: British, Ukraine, Europe, London
Shakespeare’s First Folio Turns 400
  + stars: | 2023-11-03 | by ( ) www.nytimes.com   time to read: +1 min
Now known as the First Folio, that volume has become a lodestone of Shakespeare scholarship over the centuries, offering the most definitive versions of his work along with clues to his process and plenty of disputes about authorship and intention. In honor of its 400th anniversary, the British Library and Rizzoli recently released a facsimile version of the First Folio. On this week’s episode, The Times’s critic at large Sarah Lyall talks with Adrian Edwards, head of the library’s Printed Heritage Collections, about Shakespeare’s work, the library’s holdings and the cultural significance of that original volume. “If we didn’t have the First Folio, given that all the manuscript versions of the plays are lost, we wouldn’t have plays such as ‘The Tempest’ or ‘Twelfth Night’ or ‘A Winter’s Tale’ or ‘Julius Caesar’ or ‘Antony Cleopatra’ or ‘Macbeth,’” Edwards says. You can send them to books@nytimes.com.
Persons: William Shakespeare, Sarah Lyall, Adrian Edwards, Julius Caesar ’, ‘ Antony Cleopatra ’, ’ ” Edwards, , Organizations: British Library, Rizzoli
Casey Bloys, the chairman of HBO, enjoys a reputation in the entertainment industry as an effective programmer and an easygoing executive who stays above the fray. All of which made his appearance at a news conference on Thursday, addressing his role at the center of a media tempest, quite striking. Mr. Bloys acknowledged his involvement in an effort to create fake Twitter accounts to respond to television critics who had unfavorable views of HBO’s programs. The article caught the attention of much of the entertainment industry, with several rival executives privately musing how the HBO executive could be so thin-skinned. New York Magazine described it as a “mini-scandal” that “is perhaps the funniest thing to happen in media in years.”
Persons: Casey Bloys, Bloys, Rolling Stone, Organizations: HBO, Twitter, New York Magazine
How can you not keep the federal funds rate higher for longer when you get a U.S. GDP number that surpasses the real GDP of China. He sees the three Oreos taken out of the bag and the higher price nonetheless. The average person hurt by higher rates is collateral damage to the greater anti-inflation mission. All the market has to do is reach a price level that is too darned compelling. And who says we won't see higher rates until the horizon is at last upon us?
Persons: aren't, Estee Lauder, Jerome Powell, Powell, it's, He's, calvary, Jim Cramer's, Jim Cramer, Jim, Squawk, Virginia Sherwood Organizations: Treasury, Signature Bank, Silicon Valley Bank, First, Bank, Federal Reserve, Disney, Fed, Costco, Homes, Jim Cramer's Charitable, CNBC Locations: U.S, China, Russia, Saudi Arabia
A civil fraud trial, at which Trump risks being banned from doing business in NY, is in week three. Evidence 'omissions' include emails to Forbes concerning the worth of Trump's NY penthouse. AdvertisementAdvertisementThe Trump Organization may have failed to turn over fraud-trial evidence relating to the size of Donald Trump's triplex penthouse, New York officials alleged on Thursday, in demanding a new "forensic" search of the company's business records. "In some instances, it's been pulling teeth to get documents," Wallace complained during a hearing in April of last year. But these had not been turned over by the Trump Organization, the letter said.
Persons: , Donald Trump's, , Forbes, Letitia James, James, Barbara Jones, Kevin C, Wallace, Arthur Engoron, Trump, week's Forbes, Allen Weisselberg, Weisselberg Organizations: Trump, Forbes, Service, Trump Organization, Trump Org, New York, The Trump Organization Locations: NY, New York, Trump, Manhattan
LONDON (Reuters) - Britain's BAE Systems, Japan's Mitsubishi Heavy Industries, and Italy's Leonardo have agreed the next steps to deliver the concept phase of a next-generation combat aircraft, BAE Systems said on Tuesday. The three nations agreed in December 2022 to collaborate to build an advanced front-line fighter to enter service around the middle of the next decade. The new Global Combat Air Programme (GCAP) agreement will support discussions to set out working arrangements and capability requirements for the aircraft, BAE said. The three nations will update on the project's progress at London's DSEI international arms fair this week, BAE said. Britain's defence ministry had committed 2 billion pounds to the project, formerly known as Tempest, before Japan and Italy joined.
Persons: Italy's Leonardo, Herman Claesen, BAE's, GCAP, Sachin Ravikumar, Paul Sandle, Sarah Young Organizations: BAE Systems, Mitsubishi Heavy Industries, Global Combat Air, BAE, London's Locations: Italy, Japan
Will the Real Shakespeare Please Stand Up?
  + stars: | 2023-09-08 | by ( Willard Spiegelman | ) www.wsj.com   time to read: 1 min
Shakespeare’s funerary monument in Stratford-upon-Avon, England. Photo: Brian Seed/Bridgeman ImagesIn the final act of “The Tempest,” the wizardly Prospero may have drowned his book of spells. But of making books about Shakespeare there is no end. In particular, a set of questions about the writer—concerning identity, authorship, legitimacy—has vexed readers for centuries. Of Shakespeare, we know a few things, but lack of knowledge has never prevented people from speculating, sometimes wildly.
Persons: Brian Seed, Prospero, Shakespeare, , William Shakespeare’s, George Bernard Shaw Organizations: Avon Locations: Stratford, Avon, England
Saudi Arabia reportedly wants to join the effort, but Japan is said to be wary of letting Riyadh in. A senior British defense told The Financial Times that the UK views "Saudi Arabia as a key partner in the fighter program and we are working to ensure strong progress as soon as possible." AdvertisementAdvertisementJapan also fears Saudi Arabia might want to export the cutting-edge jet to adversaries, such as China and Russia, or use its veto power to prevent Tokyo from exporting it to one of its allies. Indonesia, for example, has joined South Korea's KF-21 Boramae project, which aims to produce a quasi-stealth fighter jet by the late 2020s. AdvertisementAdvertisementOn the other side of Asia, Azerbaijan recently joined Turkey's TF Kaan stealth fighter project.
Persons: Bill Bostock, milch, Shigeto Kondo, Pascal Rossignol, GCAP, Tempest, China's, Paul Iddon Organizations: Service, Global Combat Air Program, The Financial Times, Financial Times, Britain's Telegraph, Japanese Institute of, Eastern, Al, KF, Indo, Getty, South Korea's KF, Turkey's TF, JF, 51st Paris Air Show, REUTERS, Rafale Locations: Italy, Japan, Saudi Arabia, Riyadh, Wall, Silicon, Tokyo, British, London, Saudi, China, Russia, Jakarta, AFP, Indonesia, Asia, Azerbaijan, Ankara, Pakistan, Baku
“The isle is full of noises,” sings Caliban, and on Tuesday night it certainly was. Yet all of them melted away, as they usually do, at the Delacorte Theater in Central Park, where the Public Theater’s new musical version of “The Tempest” was giving its opening-night performance. “The Tempest” makes for a fitting farewell, having opened the series, in a different adaptation, in 2013. That “Tempest” introduced the innovative Public Works idea: civic theater made for everyone, with members of local community organizations performing alongside professional actors. He must also release from servitude his chief sprite, Ariel, and his monstrous slave, Caliban.
Persons: , birdsong, Benjamin Velez, Laurie Woolery, pang, Shakespeare, Prospero, Miranda Organizations: Helicopters, Public Locations: Manhattan, Central Park
PERRY, Florida, Aug 31 (Reuters) - Cleanup and recovery from Hurricane Idalia began on Thursday along Florida's Gulf Coast, where property damage, loss of life and power disruptions paled in comparison to the last major hurricane that struck the state nearly a year ago. "The bad news type calls we were accustomed to during Ian, those were not happening during this storm," DeSantis said at a late-afternoon news conference on Wednesday. Florida Highway Patrol reported that two motorists had died in separate rain-related crashes early Wednesday before Idalia made landfall. Reuters Graphics[1/3]A vehicle is seen in a canal after the arrival of Hurricane Idalia in Horseshoe Beach, Florida, U.S., August 30, 2023. The same region, featuring a marshy coast and threaded with freshwater springs and rivers, was devastated by a major hurricane in 1896.
Persons: Hurricane Idalia, Idalia, Ron DeSantis, Perry, Ian, DeSantis, Cheney Orr, Jared Perdue, Casey DeSantis, Maria Alejandra Cardona, Marco Bello, Joey Roulette, Rich McKay, Brendan O'Brien, Brad Brooks, Kanishka Singh, Jeff Mason, Nandita Bose, Steve Gorman, Michael Perry Organizations: Hurricane, National Guard, UBS, Florida Highway Patrol, Reuters, REUTERS, HIT, state's Transportation Department, Reuters Graphics Reuters, National Hurricane Center, NHC, Thomson Locations: PERRY, Florida, Gulf Coast, Keaton, Florida's Big Bend, Taylor, Hernando counties, St . Petersburg, Georgia, Horseshoe Beach , Florida, U.S, Florida's, Big Bend, Gulf, Gainesville, Tallahassee, Bend, Hillsborough County, Tampa, Gulf of Mexico, Cuba, South Carolina, North Carolina, Steinhatchee , Florida, Cedar Key , Florida, Tampa , Florida, Atlanta, Chicago, Longmont , Colorado, Washington
Opinion | Favorite Songs and Prose, Reimagined
  + stars: | 2023-08-27 | by ( ) www.nytimes.com   time to read: +1 min
The internet is the great battlefield of that war, with some very fine people on both sides. We have come to dedicate a large portion of our field of attention to websites and apps as the final resting place for our opinions that they may live forever. It is not altogether fitting or proper that we should do this. And, among the nonsense, we can no longer enjoy the love we make — in case we accidentally procreate — with abortion newly struck down. The brave women, living in dread, who struggle in fear, have old men to blame for it, and deserve nothing less than to have us now act.
Persons: William Shakespeare, Joel Watson Organizations: Joel Watson San, Gettysburg Locations: Joel Watson San Diego, Queens
We can hide from the heat in the desert in our air-conditioned homes, ours cooled by a heat pump powered by solar panels. With climate change heightening extreme temperatures, drought, fires and floods, we find ourselves entangled in a cascade of consequences. Further south, out Diné (Navajo) neighbors who have lived with desert heat through the generations are installing solar panels on their homes for greater efficiency, though some have no electricity and running water at all. Many throughout our desert communities are confronting the possibility that this untenable sustained heat and drought will force us to leave. Here in the Castle Valley blast furnace, we are sandwiched between red cliffs and mesas that absorb the heat and radiate it back to us.
Persons: Say’s Organizations: U.S . Department, Reclamation, roosters Locations: Interior’s, Colorado
CNN —Poetry, prose and now songwriting: Ghent University in Belgium is launching a new literature course dedicated to the literary merit of Taylor Swift’s discography. “Highly prolific and autobiographical in her songwriting, Swift makes frequent allusions to canonical literary texts in her music,” the class syllabus explains. “Using Swift’s work as a springboard, we will explore, among other topics, literary feminism, ecocriticism, fan studies, and tropes such as the anti-hero. In 2016, the University of Texas launched an English Literature course unpacking Beyoncé’s visual album “Lemonade” and its relationship to Black feminism. “But if anyone can teach you a lesson in how to respond to trolls, it’s Taylor Swift,” she concluded.
Persons: Taylor, Elly McCausland, McCausland, Sylvia Plath, Charles Dickens, William Shakespeare —, Geoffrey Chaucer’s “, Criseyde, Charlotte Brontë’s “, Margaret Atwood, Simon Armitage, , Swift, Taylor Swift, ” McCausland, , Sylvia Plath’s, , I’ll, “ I’m, There’s, it’s Taylor Swift Organizations: CNN, Ghent University, Oxford University, University of York, University of Oslo, New York University, Arizona State University, Berklee College of Music, Rice University, University of Texas, University of Copenhagen Locations: Belgium, Charlotte Brontë’s “ Villette, , , United Kingdom, Norway, Europe, United States, Houston
The Nova Pro Wireless improves on many of the best features found on SteelSeries' cheaper Arctis Nova 7, which is another one of our favorite wireless headsets. While cheaper options like the Nova 7 will satisfy most gamers, the Arctis Nova Pro Wireless offers high-end features for those willing to pay top dollar. SteelSeries Arctis Nova Pro Wireless The Arctis Nova Pro Wireless is an excellent headset for anyone who wants high-end performance. SteelSeries Arctis Nova Pro Wireless Headset: SpecsSpecifications Arctis Nova Pro Wireless Headset Connectivity 2.4GHz wireless, Bluetooth 5.0, 3.5mm wired Drivers 40 mm neodymium drivers Battery About 20 hours per battery, two rechargeable batteries included Microphone Embedded dual noise-canceling mics 2.4 GHz Wireless range 30 to 40 feet Charging port Charges battery via wireless transmitter or USB-C Colors Black Weight 0.74lb/336g Platforms PS5, PS4, PC, Nintendo Switch, Xbox Series X/S, Xbox One, MacOSShould you buy the Arctis Nova Pro Wireless Headset? SteelSeries' Arctis Nova Pro is the high-end wireless gaming headset to beat.
Persons: you'll, comfy, it's, Kevin Webb, 2.4GHz, SteelSeries, Dolby, MacOS Organizations: Nova Pro, Nintendo, Nova Pro Wireless, PlayStation, Base, Nova, Wireless, ANC, Nova Pro Wireless's ANC, Bluetooth, Xbox, Pro, Buyers
The FBI and ‘Radical’ Catholics
  + stars: | 2023-08-10 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Wonder Land: With conservatives no longer trusting the FBI, and progressive liberals no longer trusting local police forces, those we rely on to protect us are leaving law enforcement in their droves, and crime is rising. Images: Bloomberg News/Zuma Press Composite: Mark KellyRemember the tempest this year when the Federal Bureau of Investigation was found to be targeting some Catholics as “extremists?” The bureau cast it as the work of a single rogue field office. Well, it looks like the effort was more widespread than our G-men admitted to the public.
Persons: Mark Kelly Organizations: Bloomberg, Federal Bureau of
[1/8] Pope Francis speaks as he meets with authorities, civil society and the diplomatic corps in the Cultural Centre of Belem during his apostolic journey to Portugal on the occasion of the XXXVII World Youth Day, in Lisbon, Portugal, August 2, 2023. REUTERS/Guglielmo MangiapaneLISBON, Aug 2 (Reuters) - Pope Francis promised on Wednesday to continue to "stir things up" in the Catholic Church as he moves on with reforms and changes that could leave a lasting legacy. The 86-year-old pope is making his first trip since intestinal surgery in June and uses a wheelchair and cane. A huge billboard raising awareness of clerical sexual abuse was put up overnight in Lisbon hours before Francis' arrival. Francis will also visit Fatima, the town north of Lisbon where the Church believes that the Virgin Mary appeared to three poor shepherd children in 1917.
Persons: Pope Francis, Guglielmo Mangiapane LISBON, Francis, Marcelo Rebelo de Sousa, Filipa Almeida, Almeida, Coracao Silenciado, Fatima, Virgin Mary, Philip Pullella, Catarina Demony, Patricia Rua, Alexandra Hudson, Alison Williams Organizations: Cultural, Belem, REUTERS, Catholic Church, Sunday, Thomson Locations: Portugal, Lisbon, Rome, Brazil, Ukraine, Europe, Western
The Royal Shakespeare Company has been using tech to transform The Bard's work for years. The Royal Shakespeare Company is a theater group based in Stratford-upon-Avon, England — Shakespeare's birthplace. The Royal Shakespeare Company hasn't used 5G in production yet, but the deployment is on "a very close horizon," Ellis said. In 2016, the Royal Shakespeare Company incorporated a digital avatar into a real-time performance of "The Tempest," Shakespeare's last play. A Royal Shakespeare Company actor performs in "Dream."
Persons: William Shakespeare, Sarah Ellis, Ellis, that's, Ellis —, it's, Ariel, Stuart Martin Organizations: Royal Shakespeare Company, Ericsson Locations: Stratford, Avon, England, Swedish
LONDON, July 18 (Reuters) - King Charles will mark 400 years since William Shakespeare's plays were published in collective form on Tuesday, bringing actors and directors together to celebrate his love for the bard and a book hailed as one of the most important in English literature. Compiled by Shakespeare's friends seven years after his death, the Folio contained plays which had never before been published. Now he is sovereign, Charles, 74, wants to shape a monarchy fit for the future. He has been president of the Royal Shakespeare Company since 1991. At the Windsor Castle reception on Tuesday, actors will perform including Simon Russell Beale and Harriet Walter, two of Britain's greatest stage actors.
Persons: King Charles, William Shakespeare's, Shakespeare, Charles, Queen Elizabeth, Camilla, Julius Caesar, Macbeth, Ian McKellen, Judi Dench, Benedict Cumberbatch, David Tennant, Shakespeare's, Henry IV, Simon Russell Beale, Harriet Walter, Sarah Young, Alexandra Hudson Organizations: ROYAL, Royal Shakespeare Company, Alexandra Hudson Our, Thomson Locations: Windsor, Britain
You don't get the best first-half Nasdaq rally in 40 years simply because the Federal Reserve did this, or the yield curve in the bond market did that. It was almost as if it was prosaic to seek profits, like, "How dare you defy the teachings of the yield curve, you foolish soon-to-be- broke apostate." It was the second move, the second week of March, that told the second tale of the first half: the fall of Silicon Valley Bank. Here we had an out-of-nowhere collapse of a well-known seemingly well-run bank that ran afoul, again, of the yield curve. No company could rival Club stocks Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Microsoft and Meta Platforms (META) — nice metamorphous there and Tesla , not a Club name.
Persons: William Jennings Bryan, Gandhi, Bud, Altman, Sam Altman, Jensen Huang, Jensen, mutt, Cezanne, Monet, Shakespeare's Henry IV, Carl Quintanilla, David Faber, da, Lisa's, Wendy's, Scylla, Charybdis, ChatGPT, haut, Morgan Stanley's Mike Wilson, aren't, They've, isn't, Goldman Sachs, Tesla, Didn't, Freddie, Lehman, Jerome Powell, We've, it's, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Mad Organizations: Nasdaq, Federal Reserve, Intel, The New York Times, Veterans, Club, Microsoft, Nvidia, Globe Theatre, Silicon Valley Bank, Fed, Apple, Meta, RCA, US Steel, Washington Mutual, AIG, IBM, Jim Cramer's Charitable, CNBC, NYSE Locations: America, Philadelphia, OpenAI, Oz, Queens, mull, Ithaca, Weimar, Silicon, Republic, Valley, Delray , Florida, Alleghany, China
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