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☆ Over 50 years after its creation, Diane von Furstenberg says the wrap dress is her greatest professional accomplishment
▼ + stars: | 2024-06-06 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +4 min

Read previewDiane von Furstenberg is reflecting on the legacy of the wrap dress. The wrap dress changed von Furstenberg's lifeVon Furstenberg created the wrap dress in 1973, taking inspiration from ballerina's tops and bright fabrics she first saw in Italy, as she shared in the documentary. AdvertisementA model walks in a Diane von Furstenberg wrap dress in 1973. AdvertisementTalita von Furstenberg and Diane von Furstenberg in March 2024. Gotham/GC Images/Getty ImagesAnd though the wrap dress has defined her professional life, von Furstenberg said her family is her greatest source of pride.

Persons: —, Diane von Furstenberg, Oscar, Sharmeen Obaid, Trish Dalton, von, von Furstenberg, Fabiola Beracasa Beckman, Tracy Aftergood, Von Furstenberg, Julie Nixon Eisenhower, Oprah Winfrey, Karlie Kloss, it's, DVF, Barry Diller, Talita von Furstenberg, Furstenberg Organizations: Service, Hulu, Tribeca, Business, CNN, Fairchild, QVC, Target, Gotham Locations: Europe, New York, Dalton, Italy

☆ A growing California wildfire spanning 14,000 acres is forcing residents to evacuate
▼ + stars: | 2024-06-02 | by ( Jillian Sykes | Dalia Faheid | ) edition.cnn.com time to read: +3 min

CNN —A growing grass fire that began Saturday afternoon in San Joaquin County, California, has consumed 14,000 acres, forcing residents in its path to evacuate the area, officials say. The Corral Fire began in the City of Tracy around 2:30 p.m., according to the California Department of Forestry and Fire Protection. “Areas west of the California Aqueduct, South of Corral Hollow Creek, West to Alameda County and South to Stanislaus County should leave now,” the county said Saturday. A resident evacuates his horse as the Corral Fire bears down on ranches west of Tracy, California, on June 1, 2024. A section of I-580 is closed in both directions due to the “major grass fire, smoke, and zero visibility,” according to the California Department of Transportation.

Persons: Tracy, Kent Porter, Josh Silveira, Silveira, Kevin J Lincoln, CAL FIRE Santa Clara Unit’s, Baraka Carter Organizations: CNN, California Department of Forestry, Clover Community Center, The Press Democrat, AP, Alameda, Cal Fire Battalion, California Department of Transportation, National Weather Service, The California Department of Forestry, Fire Protection, Firefighters, CAL FIRE Santa Clara, Santa Clara Unit Locations: San Joaquin County , California, City, Tracy, California, South, West, Alameda County, Stanislaus County, San Joaquin, Tracy , California, Stockton, Sacramento, Alameda, Contra Costa, Santa Clara, Stanislaus

☆ Take a look inside a $12,500-a-year underground wellness club featuring only the 2nd Tracy Anderson studio in Europe
▼ + stars: | 2024-05-05 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Surrenne, a luxury wellness and longevity club, has just opened in London's Knightsbridge. The four-floor subterranean space features a gold-leaf ceiling, a snow shower, and the UK's only Tracy Anderson studio. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIn April a new luxury wellness and longevity club sprung up in London's affluent neighbourhood of Knightsbridge. Besides the beautiful decor, Surrenne has gathered together an all-star line-up of the best health, fitness, and beauty gurus.

Persons: Tracy Anderson, that's, —, Inge Theron, she's, Surrenne, Theron, David Cummings, Lara Devgan, Stella McCartney, Rose Ferguson, Mark Mikhail, there's Tracy Anderson, She's Organizations: Service, Maybourne, David Cummings Products, Emory Locations: London's Knightsbridge, Knightsbridge, Emory, Berkeley, Hyde, London, Surrenne, Europe, Madrid

The Massachusetts Institute of Technology, New York University and Brown University have recently taken swift and decisive action against student protesters, including making arrests. And on Thursday, Columbia University hit its limit with student protesters who had set up dozens of tents on campus, sending in the New York Police Department to make arrests. Image At Columbia, officials cracked down on students who had erected tents on campus. Muncy for The New York TimesImage The New York Police Department arrested protesters at Columbia University. “But now we’re seeing that as an immediate response.”In her congressional testimony, Dr. Shafik revealed that 15 Columbia students have been suspended in recent weeks.

Persons: “, Santa J, Ono, ”, Nemat Shafik, Recalibrating, Rosy Fitzgerald, didn’t, Shafik, Nicole Hester, Donald J, Daniel Diermeier, Vanderbilt, “ They’re, Diermeier, —, Tracy Arwari, Ms, Arwari, Suzanne Nossel, Nossel, Amanda Andrade, Rhoades, Ezri Tyler, Tyler, Dan Korobkin, Colleen Mastony, Jacob Mchangama, Mr, Mchangama Organizations: University of, University of Michigan, Massachusetts Institute of Technology, Massachusetts Institute of Technology , New York University, Brown University, Columbia University, New York Police Department, Columbia, Credit, The New York Times, Columbia University . Credit, The New York Times College, Republican, Institute for Middle, Vanderbilt, USA, Network Vanderbilt University, Pomona College, School, Pomona, PEN America, The New York Times Students, “, American Civil Liberties Union, ” Locations: Santa, Massachusetts Institute of Technology ,, Columbia, C.S, Muncy, Israel, Vietnam, Southern California, Pomona, “, Michigan, . Michigan

☆ Who is Juan Merchan? What to know about the judge in Trump’s hush money case
▼ + stars: | 2024-04-15 | by ( Devan Cole | ) edition.cnn.com time to read: +10 min

New York Supreme Court Judge Juan Merchan is a seasoned jurist who is no stranger to Trump’s orbit. In the lead-up to the start of the trial, Trump fanned the flames on social media with his views on the judge. “Judge Merchan was always well-prepared, accessible, and – most importantly in the Weisselberg matter – a man of his word. Trump also claimed Judge Merchan has ruled against him in pretrial motions “because his daughter makes money by working to ‘Get Trump.’”Loren Merchan has not commented publicly on the case. David Paterson appointed him to the New York State Court of Claims in 2009, the same year he began serving as an acting New York Supreme Court judge.

Persons: Donald, Juan Merchan, Allen Weisselberg, Steve, Trump, Merchan, “ Judge Merchan, ” Nicholas Gravante, Weisselberg, ” Gravante, Judge Merchan, Karen Friedman Agnifilo, Donald Trump, bode, ” Agnifilo, ” Merchan, ’ Trump, Loren Merchan, Joe Biden, didn’t, ‘ Get, ’ ” Loren Merchan, “, ” Trump, ”, Anna Gristina, Timothy Parlatore, “ I’ve, ” Parlatore, Brendan Tracy, ” Tracy, Earl Ward, it’s, ” Ward, Michael Bloomberg, David Paterson Organizations: CNN, The, New, Trump Organization, Trump, Republican, Attorney’s Office, Democratic, Super Liberal Democrat, ‘, ‘ Get Trump, Authentic, Bloomberg News, Manhattan Mental Health, Attorney’s, Bronx Defenders, Mental Health, New York, Court, Democratic Gov, New York Times, Baruch College, Times, Hofstra University Locations: York, Manhattan, “, Senegalese, Long Island, New, Bronx, Bogotá, Colombia, United States, New York City, Jackson Heights , Queens, New York

☆ What's more important? AI or the election.
▼ + stars: | 2024-04-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're announcing the finalists for our business, tech, and innovation bracket. What's on deck:This story is available exclusively to Business Insider subscribers. If you're just catching up, a few weeks ago we identified eight of the biggest trends in business, tech, and innovation. And then there were two: the AI race vs the US presidential election. Dan Rosen, founder and partner, Commerce Ventures:Advertisement"As a fintech investor, AI strikes me as more important.

Persons: —, we're, Chelsea Jia Feng, Readers, Bruce K, Lee, Dan Rosen, Ira Allen, Tracy Albert, Wendy Craft, Elle, Dodd, Frank, Zach Blank, Nick DiGiovanni, Adam Jeffery, Ian MacNicol, David Einhorn, Jesse Cohn, Greg Coffey, Goldman Sachs, Brian Robinson, Nelson Peltz's, James Park, would've, Justin Sullivan, Marissa Mayer's, Enrique Munoz Torres, Elon Musk, Musk, Lukas Schulze, it's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Keebeck Wealth, Commerce Ventures, CNBC, NBCU, Getty, Elliott Management, Sohn, Street Journal, Disney, UCLA, Yahoo, LinkedIn, Elon, Apple, Ford, Workers, Advertising Research, NCAA Locations: Europe, California, New York, London

☆ We asked Gwyneth Paltrow about her longevity routine and were shocked by what she said
▼ + stars: | 2024-03-13 | by ( Rachel Hosie | Kashmira Gander | ) www.businessinsider.com time to read: +7 min

But Paltrow doesn't share the same desire as longevity bros to halt or even reverse aging. And Paltrow also says she walks, which plenty of evidence has linked to a long, healthy life. "I want a nice, long, healthy life, but I'm not looking to live to 165 or anything like that." Paltrow's morning routine has evolved as she's agedAs longevity experts will tell you, living a long life mostly involves doing boring stuff, like eating vegetables and sleeping well, consistently. Gwyneth Paltrow pictured with her mother and father at the 1999 Ocars, where she won the Academy Award for best actress.

Persons: Gwyneth Paltrow, She's, Paltrow, Bruce Paltrow, Blythe Danner, Oscar, hasn't, Rachel Murray, she'll, Bryan Johnson, Everybody's, Gwyneth Paltrow Paltrow's, I'm, Brad Pitt, Lucy Nicholson, it's, I've, Tracy Anderson's, Gwyneth Organizations: Business, Netflix, Getty Locations: Rome

REUTERS/Lori Shepler/File Photo Acquire Licensing RightsNov 27 (Reuters) - U.S. bond giant Pacific Investment Management Company (PIMCO) said on Monday it expects the next few years to provide the best opportunities for private credit investors since the global financial crisis. "As private credit investors, this is the environment we’ve been waiting for," portfolio managers at PIMCO said in a note. In particular, PIMCO expects the lower liquidity environment to create opportunities for private credit investors in specialty finance - collateral-based loans to consumers and small businesses - as well as in senior corporate loans and commercial real estate. Within specialty finance, the asset manager singled out residential mortgage credit, solar and home improvement lending, equipment finance and aircraft leasing. PIMCO said it expects opportunities for private credit to provide such financing not just directly to borrowers, but also to banks and non-bank lenders.

Persons: Lori Shepler, PIMCO, Matt Tracy, Davide Barbuscia, Nick Zieminski Organizations: REUTERS, Pacific Investment Management Company, Thomson Locations: Newport Beach , California

☆ America’s Top Diplomat in Russia Has One of the World’s Toughest Jobs
▼ + stars: | 2023-10-27 | by ( Ann M. Simmons | ) www.wsj.com time to read: 1 min

The tenure of Lynne Tracy, U.S. ambassador to Russia, comes at a time when relations between the U.S. and Moscow have rarely been as fraught as they are now. WSJ’s Russia Bureau Chief Ann Simmons talks with Tracy about the challenges. Photo: Valery Sharifulin/TASS via Zuma PressThe moment when ambassadors present their credentials to their hosts is usually a staid affair. When the U.S. ambassador presented herself at the Kremlin in April, Russian President Vladimir Putin railed at Washington during the televised ceremony, accusing it of sparking the war in Ukraine. With Putin set off behind a podium at the other end of the Alexander Hall, there was no way for Lynne Tracy or the other new ambassadors to respond.

Persons: Lynne Tracy, Ann Simmons, Tracy, Valery Sharifulin, Vladimir Putin, Putin, Alexander Hall Organizations: U.S, Kremlin Locations: U.S, Russia, Moscow, WSJ’s Russia, Washington, Ukraine

☆ They fell in love and lost each other in South America. Then a note stuck on a door brought them back together
▼ + stars: | 2023-09-30 | by ( Francesca Street | ) edition.cnn.com time to read: +19 min

When he met Tracy, Tim was enjoying a six month traveling stint, unsure what came next. If you see this, let me know where you are staying!”As she and Monique closed, then locked, the hotel door, Tracy jammed the piece of paper into the door frame. A note on a hotel doorTracy had the idea to write a note and attach it to the hotel door. Tracy FerrellUnbeknown to Tracy, Tim had arrived in Cuenca a few days before her. Leaning against the hotel door, he wrote a reply underneath Tracy’s message, detailing where he was staying.

Persons: CNN — Tracy Ferrell, ”, Tracy, “, we’ve, Monique, let’s, ” Tracy, Tim, “ I’m, Tracy Ferrell, She’d, Cuenca –, German Shepherd, Tim Zych, Zealander who’d, Tim chatted, Tracy’s, Salar de, Tim didn’t, ’, Tracy Ferrell Unbeknown, he’d, Tim couldn’t, he’s, they’d, Keen, ” Tim, They’re, she’d, Tracy wasn’t, Tim Boulder, “ We’ll, ” Here's Tracy, –, ’ ”, they’re, Tracy Ferrell Tracy, Tracy “ Organizations: CNN, America, University of Colorado, South American Explorers ’, –, CNN Travel, Zealander, they’d, Communication, American Express, Denver International Airport, Boulder Locations: Cuenca, Ecuador, Quito, Peruvian, Ollantaytambo, South America, Ecuador –, German, London, New Zealand, Zealand, Salar, Salar de Uyuni, Bolivia, Peru, Chile, Tim’s, Blanca, Tracy, Costa Rica, San Jose, Boulder , Colorado, Colorado, She’d, Boulder, Boston, Isla Mujeres, Mexico, Boulder county, Quinto

IndyCar will return to the Milwaukee Mile next season and Texas Motor Speedway is off the calendar for the first time since 1997 in the 2024 schedule released Monday. NASCAR is expected to return to the oval, and IndyCar will race the Indianapolis road course only once — in May ahead of the Indianapolis 500. IndyCar is still finalizing an exhibition race to be held in Argentina next season that was not part of Monday's schedule announcement. Political Cartoons View All 1176 ImagesSebastien Bourdais won the final IndyCar race at the track in West Allis, Wisconsin. IndyCar is coming off its most-watched season on record with an average Total Audience Delivery of 1.32 million viewers.

Persons: Rodger Ward, Michael Andretti, Bobby Unser, Mario Andretti, A.J, Foyt, Gordon Johncock, Johnny Rutherford, Tom Sneva, Paul Tracy, Al Unser, Sebastien Bourdais, Roger Penske, Peacock, ”, Mark Miles Organizations: IndyCar, Milwaukee Mile, Texas Motor, NBC, Texas, NASCAR, Indianapolis Motor Speedway, Indianapolis, Milwaukee, Labor, Indianapolis Motor, Wisconsin, Fair, NBC Sports, Penske Entertainment Corp, USA, Motorsports Park, America, Speedway, International Raceway Locations: Southern California, Nashville, —, Argentina, West Allis , Wisconsin, Milwaukee, Wisconsin, St . Petersburg , Florida, Toronto, St . Petersburg, Long Beach, Detroit, Laguna Seca

The university informed Tucker on Monday that he will be fired without compensation for misconduct involving Tracy, who said Tucker sexually harassed her during a phone call in April 2022. Michigan State paid her $10,000 to share her story with the football team. In part, Tucker said MSU “knew about the information on which it supposedly relies to end my contract since at least March 2023." Michigan State, however, said the actions Tucker acknowledged were unprofessional and unethical. A hearing is scheduled for the week of Oct. 5 to determine if Tucker violated the school’s sexual harassment and exploitation policy.

Persons: Mel Tucker, —, ”, Brenda Tracy, Tucker, Tracy, ” Tracy, Tucker masturbated, “, Ms, ” Tucker, Karen Truszkowski, Truszkowski didn't Organizations: Michigan State, MSU, USA, ” “ MSU, “ Locations: LANSING, Mich

LONDON, Sept 14 (Reuters) - Russia said on Thursday it was expelling two U.S. diplomats whom it accused of working with a Russian national charged with collaborating with a foreign state. "The named people conducted illegal activity, maintaining contact with Russian citizen R. Shonov, accused of 'confidential cooperation' with a foreign state," the Russian statement said. In its statement, the Russian Foreign Ministry said Shonov had been paid to complete tasks aimed at damaging Russia's national security. Relations between Russia and the United States have plunged to their worst point for more than 60 years because of the war in Ukraine. The United States is providing advanced weaponry to Ukraine and has hit Russia with sanctions in response to its invasion in February 2022.

Persons: Lynne Tracy, Jeffrey Sillin, David Bernstein, Shonov, Robert Shonov, Sillin, Bernstein, Tracy, Andrew Heavens Organizations: Foreign Ministry, State Department, U.S . Consulate, United, Russian Foreign Ministry, Thomson Locations: Russia, Russian, U.S, Washington, Vladivostok, Ukraine, United States, Moscow

☆ Mel Tucker denies sexual harassment allegations in detailed statement
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +4 min

Nov 27, 2021; East Lansing, Michigan, USA; Michigan State Spartans head coach Mel Tucker looks down during the second quarter against the Penn State Nittany Lions at Spartan Stadium. Mandatory Credit: Raj Mehta-USA TODAY Sports/File Photo Acquire Licensing RightsSeptember 12 - Suspended Michigan State head coach Mel Tucker released a lengthy statement through his lawyer Monday afternoon defending himself against allegations that he sexually harassed a rape survivor. Tucker, 51, is in his fourth season as head coach of the Spartans. His overall record at Michigan State is 20-14 after a 5-7 season in 2022. Defensive backs coach Harlon Barnett will serve as Michigan State's interim head coach in Tucker's absence, with former coach Mark Dantonio assisting as an associate head coach.

Persons: Mel Tucker, Raj Mehta, Tucker, Brenda Tracy, Tracy, Ms, Gretchen Whitmer, Whitmer, Harlon Barnett, Mark Dantonio Organizations: Michigan State Spartans, Penn State Nittany Lions, Spartan, USA, Michigan State, USA Today, University, Michigan, MSU, Spartans, Thomson Locations: East Lansing , Michigan, USA, Michigan

Suspended Michigan State football coach Mel Tucker said Monday that allegations of sexual harassment against him are “completely false” and the intimate phone call he had with activist and rape survivor Brenda Tracy is outside the scope of both Title IX and school policy. Michigan State athletic director Alan Haller suspended Tucker without pay Sunday, less than 24 hours after Tracy's allegations became public in a USA Today report. Political Cartoons View All 1152 ImagesThe university hired a Title IX attorney to investigate Tracy’s complaint and the investigation concluded July 25. A hearing is scheduled for the week of Oct. 5 to determine if Tucker violated the school’s sexual harassment and exploitation policy. The school also was able to suspend Tucker, without pay, if he “materially breaches” his contract.

Persons: Mel Tucker, Brenda Tracy, Tucker, Tracy, ”, Larry Nassar, Nassar, Alan Haller, ” Tucker, “ Ms, ” Tracy, Tucker masturbated, “ Organizations: Michigan State, Education Department, USA, Michigan State’s, AP Locations: Detroit, Michigan

Mel Tucker, the head football coach at Michigan State University, was suspended without pay on Sunday amid an investigation into allegations of sexual misconduct, university officials said. A report in USA Today, published early Sunday morning, detailed allegations that Mr. Tucker harassed Brenda Tracy, a prominent advocate who speaks out against sexual abuse, after they teamed up to fight the culture of sexual violence in college sports. Ms. Tracy travels the country counseling college and professional athletes to stand against harassment and abuse, and made several visits to Michigan State in the past two years. Ms. Tracy accused Mr. Tucker of making sexual comments and masturbating during a phone call with her on April 28, 2022, according to USA Today, and she filed a formal Title IX complaint with the university in December. Alan Haller, a university vice president and director of intercollegiate athletics, said during a news conference on Sunday that the decision to abruptly suspend Mr. Tucker as head coach was “based on developments that may have a potential impact on the ongoing investigation.”

Persons: Mel Tucker, Tucker, Brenda Tracy, Tracy, Alan Haller, ” Organizations: Michigan State University, Michigan State, USA Locations: USA

REUTERS/Florence Lo/Illustration Acquire Licensing RightsSept 5 (Reuters) - A post Labor-day rush of bond issuance by U.S. investment-grade-rated companies added renewed pressure on long-end U.S. Treasuries, as some investors switch to buying top-rated corporate debt offering higher yields than those on government bonds. Investors told Reuters they expect anywhere between $100 billion and $150 billion in new bond issuance this month. Ten-year Treasury bond yields were last about nine basis points above Friday's market closing, at 4.27% from 4.180%, and 30-year yields similarly climbed about 9 bps to 4.38% from 4.285% on Friday. Other factors have also contributed to the selloff, from higher government bond supply to rising concerns around U.S. debt sustainability, as highlighted by Fitch’s downgrade of U.S. debt last month. "For right now, it’s just all about supply, and I think that’s what’s pushing yields higher," he said.

Persons: Florence Lo, Gennadiy Goldberg, Tom di Galoma, it’s, Philip Morris, Matt Tracy, Davide Barbuscia Organizations: REUTERS, Labor, Financing, Investors, Reuters, Fed, ICE, TD Securities USA, Federal Reserve, JPMorgan Chase, Tuesday's, Unilever Capital Corp, Philip Morris International, Volkswagen, Thomson Locations: U.S

☆ An ex-GMU law professor is suing his former students in a $108 million defamation case. His defense is similar to Johnny Depp's.
▼ + stars: | 2023-09-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +10 min

Wright then filed a defamation suit against the former students, seeking $108 million in damages. Reuters/ReutersUltimately, Depp won $10 million in compensatory damages and $5 million in punitive damages in his defamation case against Heard. And juries appear to be more receptive to ruling on behalf of defamation claimants, especially after big wins in cases like Depp's, Lovell told Insider. "By showing he's going through the legal system and going after them for $108 million dollars, it makes a statement," Lovell said about Wright's legal strategy. "These cases are rarely about monetary damages and are more often a vehicle to repair a reputation," Pearson told Insider.

Persons: Joshua Wright, Wright, Depp, Johnny Depp, Amber Heard, Donald Trump, Jean Carroll, Elyse Dorsey, Angela Landry, Law360, —, Dorsey, Landry, Hank Johnson, Tom Wheeler, Ajit Pai, Wheeler, Chip Somodevilla, George Mason, Getty Wright, Sandy Hook, Alex Jones, Tracy A, Pearson, Heard, Tre Lovell, Lovell, they're, Lindsay R, Johnny Depp's Organizations: Service, Federal Trade Commission, George Mason University, Federal Communications, Federal Trade, Capitol, Republicans, Communications, Bloomberg, George, Depp Defense, Voting, Fox News, Reuters, Binnall Locations: Wall, Silicon, WASHINGTON, DC, Rayburn, Washington , DC, Virginia

☆ Chaos in the Hamptons: Tracy Anderson devotees gripe about $5,500 mats, $90 classes, and power struggles among 'queen bees'
▼ + stars: | 2023-08-09 | by ( Katie Warren | ) www.businessinsider.com time to read: +8 min

"You can't just work out; you can't just enjoy it," another former Hamptons trainer added. Several pointed out that TA's longtime Hamptons studio manager left just before the summer season, and a current Hamptons trainer said the manager hadn't been replaced. One person who attends drop-in Hamptons classes said she tried to get into classes for weeks but couldn't get off the waiting list. Katia Pryce, the founder of DanceBody in NYC, worked as a TA trainer more than 10 years ago. A-listers such as Paltrow and Robert Downey Jr. have had TA trainers come to their Hamptons homes for private sessions.

Persons: Tracy Anderson, Michael Rubin's, —, Anderson, Anna Kaiser, Dani Levi, they're, Anderson didn't, Neil Rasmus, BFA.com, nonmembers, nonmember, hadn't, Nonmembers, couldn't, Katia Pryce, Pryce, Gwyneth Paltrow, Madonna, She's, Megan Roup, Roup, Tracy Anderson's, Rachel Murray, Paltrow, Robert Downey Jr, Elisa Arcaya, they'd, Arianna Siegel, Levi, Irene Nederlof, Claudia Saez, Fromm, she'd Organizations: White Party, Hamptons, TA, Hampton, Getty Locations: Southampton, Sag, Tribeca, Water, California, Madrid, NYC, New York, Manhattan, Los Angeles, Amsterdam, New York City, London, Miami

☆ A New Interest in Unions
▼ + stars: | 2023-07-18 | by ( David Leonhardt | More About David Leonhardt | ) www.nytimes.com time to read: +1 min

Cantor was one of the founders of a new Hollywood labor union, the Screen Actors Guild, along with James Cagney, Miriam Hopkins, Groucho Marx, Spencer Tracy and others. The previous month, the union’s members had elected Cantor as their president. During Roosevelt’s early flurry of legislation, he signed an economic recovery bill that included a provision giving workers a clearer right to join labor unions than they had previously had. Americans responded by signing up for unions by the thousands. By inviting Cantor to join him for Thanksgiving, Roosevelt reminded Americans of the central role that labor unions played in a healthy capitalist economy.

Persons: Franklin Roosevelt, Eddie Cantor, Cantor, James Cagney, Miriam Hopkins, Groucho Marx, Spencer Tracy, Roosevelt Organizations: Hollywood’s, Screen Actors, Hollywood Locations: Warm Springs, Ga

☆ Opinion: The election that couldn’t happen in high school
▼ + stars: | 2023-07-09 | by ( Richard Galant | ) edition.cnn.com time to read: +15 min

CNN —In the classic 1999 film, “Election,” the high school student government vote has everything: naked ambition, campaign poster shredding, ballot manipulation, infidelity and more. But what the gifted writer Tom Perotta likely couldn’t imagine was an election in which two unpopular candidates square off for president. That doesn’t happen in high school, even in a satirical movie. The president supports stripping that state of its first-in-the-nation primary status in favor of South Carolina, the state that energized Biden’s 2020 campaign. “In the runup to the 2024 elections, Democrats plan to put the Supreme Court on trial,” wrote David Mark.

Persons: Reese Witherspoon, Tracy Flick, ” Matthew Broderick, Jim McAllister, Tracy, Tom Perotta, Joe Biden, Donald Trump, Trump, Harry Enten, “, Julian Zelizer, ” Biden, Biden, specter, … ” Dana Summers, Robert F, Kennedy Jr, — Lyndon Johnson, Jimmy Carter, George H.W, Bush —, Kennedy, ”, MAGA, Sen, Lindsey Graham’s, Trump’s, Dean Obeidallah, Graham, Michael Flynn, Flynn, Peter Bergen, Erik German, Bill Bramhall, ” “ Flynn, ‘, America’s, …, Geoff Duncan, Drew Sheneman, Roe, Wade, David Mark, … ” Lisa Benson, GoComics.com, Biden romped, Jack Ohman, Kara Alaimo, Coles Whalen, ’, Alice Driver, Clay Jones, Mark Zuckerberg, Elon Musk, Meta, David Zurawik, Victoria, Olesya Khromeychuk, Victoria Amelina, Andrei Kartapolov, Sharp, ” Khromeychuk, ” Don’t, Sheikh Mohammed Al, Issa, David A, Nicole Hemmer, Jill Filipovic, Sonia Pruitt, Lynda Lin Grigsby, Sara Stewart, Jharrel Jerome, Boots Riley, Holly Thomas, Phoebe Waller, Indiana Jones, Harrison Ford, He’s, goddaughter Helena, Archimedes, Jones, Waller Organizations: CNN, Capitol, Trump, Biden, Agency, Republicans, RFK Jr, New, ”, FBI, Economic, Republican National, Republican Party, GOP, Democratic, McKinsey & Company, Twitter, Facebook, Russian Duma Defense, Hollywood, “, Indy Locations: New Hampshire, South Carolina, ” Bergen, German, Davos, Georgia, California, “, Russian, Ukrainian, Kramatorsk, Ukraine, New York, Donetsk, Auschwitz, Here’s, Oakland , California

☆ Russia's Lavrov says Moscow is in contact with U.S. about embassies
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +2 min

June 28 (Reuters) - White House national security adviser Jake Sullivan has been in touch with Moscow to discuss the respective Russian and U.S. embassies, and the two sides are in talks on the subject, Foreign Minister Sergei Lavrov said on Wednesday. On Wednesday, in the text of an interview with Russian television published by Russia's foreign ministry, Lavrov hinted at some of these. Despite the deep freeze in relations, there have been some signs that contact is being maintained. Ambassador Lynne Tracy had spoken to Russian representatives and given "signals" that the United States was not involved in the weekend mutiny by Wagner mercenaries, and hoped that Russia's nuclear arsenal would be kept safe. Lavrov also quoted Tracy as saying the mutiny was Russia's internal affair.

Persons: Jake Sullivan, Sergei Lavrov, Moscow's, Evan Gershkovich, Vladimir Putin, Lavrov, counterbalances, Brittney Griner, Viktor Bout, Lynne Tracy, Wagner, Tracy, Kevin Liffey, Alison Williams, Gareth Jones Organizations: White House, Wall Street, Thomson Locations: Moscow, U.S, Russia, Crimea, Ukraine, American, United States

☆ US says it is a new thing to see Putin's leadership directly challenged
▼ + stars: | 2023-06-26 | by ( Simon Lewis | ) www.reuters.com time to read: +2 min

"It is a certainly a new thing to see President Putin's leadership directly challenged. Prigozhin's Wagner has fought the bloodiest battles of the 16-month war in Ukraine. REUTERS/Maxim Shemetov/File PhotoThe United States had communications with the Russian government on Saturday, both through U.S. Tracy told Russian officials that the United States expects Russia to uphold its obligations to protect embassy and diplomatic personnel. It was founded in 2014 after Russia annexed Ukraine's Crimea peninsula and started supporting pro-Russia separatists in Ukraine's eastern Donbas region.

Persons: Russia's Wagner, Yevgeny Prigozhin, Putin's, Matthew Miller, Prigozhin, Prigozhin's Wagner, Vladimir Putin, Maxim, Lynne Tracy, Tracy, Miller, Wagner, Simon Lewis, Humeyra Pamuk, Daphne Psaledakis, Jasper Ward, Chris Reese, Leslie Adler Organizations: U.S . State Department, Department, REUTERS, U.S, Central African, Russia, Thomson Locations: Russia, Moscow, Russian, Ukraine, States, United States, Libya, Syria, Central African Republic, Mali, Ukraine's Crimea, Donbas, Washington, Africa, Jasper

Investment-grade rated companies issued $152 billion in May, making it the busiest May since 2020 when the pandemic crisis prompted record debt issuance volumes, according to data from Informa Global Markets. "I believe we have seen an acceleration of issuance into May," said Richard Wolff, head of US bond syndicate at SG CIB, saying this was a result of debt issuance being pulled forward. This debt issuance spree is on the back of strong demand for what were relatively higher yielding corporate bonds after Treasury yields rose in May from levels touched in late April. New investment-grade bonds in May received orders that were three to four times the offering size on average, according to IGM data. CHANGING TIDEThe debt binge, however, gave a broad hint that the largest companies in the world are not optimistic on borrowing conditions later in the year.

Persons: Richard Wolff, Wolff, Manuel Hayes, Jessica Lehmann, Blair Shwedo, Jiyann Daemi, Shankar Ramakrishnan, Matt Tracy, Laura Matthews, Megan Davies, Matthew Lewis Organizations: YORK, U.S, Investment, Informa Global, Junk, SG CIB, London, Insight Investment, Treasury, HSBC, U.S . Bank, IG, TD Securities, Thomson Locations: New York

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