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Katie FeeneySnapchat released a TikTok copy-cat feature in November, pledging to pay more than $1 million a day to creators. But the gravy train could slow if more creators join Spotlight, Snap decides to ratchet down its daily payments, or it closes the program. In the first six weeks after Spotlight's release, however, Snap said it had dished out $42 million to over 2,000 users (Snap has 249 million daily active users). Snap's payment algorithm ranks a creator's video based on various engagement metrics, which include:The total number of unique video views and "favorites." We'd love to see it turn into more of a long term thing like TikTok Creator Fund."
Persons: Katie Feeney, Katie Feeney Snapchat, Kevin Parry, Parry, Cam Casey, Taylor Lorenz, Snapchat, Casey, Joey Rogoff, Rogoff, TikTok, Instagram, , Feeney, hasn't, Jess Hunichen, Shine, Max Levine, Brent Rivera, Ben Azelart, Stokes, Levine, Jon Carney, Fastly TikTok, , they've Organizations: The New York Times, Amp Studios, Spotify, Business Locations: Instagram
The legal industry is slowly becoming more diverse, but at the partner and management levels, law firms are still overwhelmingly white and male. Mostly lawyers themselves, these executives are working to make the $795 billion global legal industry a more equitable place. To recognize the increased importance of these executives, Insider has selected seven of the most influential diversity and inclusion leaders at the country's top law firms. Each was chosen based on initiatives they've spearheaded, conversations with legal-industry experts, and how their current and former firms stack up on industry surveys such as Vault's Best Law Firms for Diversity. Six of the diversity professionals shared with Insider their unique strategies to diversity and inclusion at a Big Law firm and what they were focusing on in 2021.
Persons: George Floyd, Breonna Taylor, Read, they've Organizations: Big Law, National Association for Law, Microsoft, Diversity
But that doesn't mean the U.S. central bank won't face pressure as it looks to navigate its way through a new administration. For his part, Biden won't be nearly as vocal as Donald Trump was when the ex-president hectored the Fed for even lower rates. But all presidents watch the Fed closely, and Biden won't be an exception as he looks to get through the current crisis. Most everyone in public office likes low rates, and Biden won't be an exception. So while the Fed during the Biden administration can expect to face less overt attacks, it still will be under various levels of pressure.
Persons: Jerome Powell, Drew Angerer, Joe Biden's, Janet Yellen, Biden, Donald Trump, hectored, Trump, Christopher Whalen, Whalen, He'll, George Selgin, Selgin, There's Organizations: Banking, Housing, Urban Affairs, Reuters, Federal Reserve, Whalen Global Advisors, Center for Monetary, Cato Institute, Fed, Network, Greening Locations: Washington , DC, U.S, Japan, stoke
Outgoing Secretary of State Mike Pompeo on Tuesday decried "multiculturalism" as un-American. On his last full day as the top US diplomat and just one day after Martin Luther King Jr. Day, Mike Pompeo deemed multiculturalism as un-American. Our enemies stoke these divisions because they know they make us weaker," the secretary of state said in a tweet. In 2015, he cited a sermon before the Kansas state legislature that said: "'America had worshipped other Gods and called it multiculturalism. Pompeo, who is thought to have ambitions of running for president in 2024, has been a controversial secretary of state throughout his tenure.
Persons: Mike Pompeo, Pompeo, excoriated, Martin Luther King Jr, they're, Lord Travis McElroy, We'd, Trump, Donald Trump Organizations: Twitter Locations: stoke, America, Kansas, Iran, Ukraine, Europe
SEE NEW POSTSPompeo denounces multiculturalism on last full day as secretary of state Secretary of State Mike Pompeo criticized “multiculturalism” on Tuesday, his last full day as America’s top diplomat, saying in a tweet that it was “not who America is." “Woke-ism, multiculturalism, all the -isms — they're not who America is,” Pompeo wrote. Sen. Martin Heinrich, D-N.M., asked Haines if Haines would provide a "public written assessment of the threat QAnon poses to our country." Share this -Two National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. Share this -What Trump's doing on his final full day in office After four turbulent years, Tuesday is President Trump's final full day in office.
Persons: Pompeo, Mike Pompeo, , , they're, ” Pompeo, Martin Luther King Jr, Trump, Haines, Avril Haines, Sen, Martin Heinrich, Heinrich, Christopher Wray, Joe Biden’s, Biden, Blunt, Roy Blunt, , Eleanor Holmes Norton, Trump's, Pat Cipollone, Jared Kushner, Ivanka Trump, He’s, Nancy Pelosi, Mitch McConnell, Chuck Schumer, Kevin McCarthy, Joe Biden, Joe Biden isn’t, he’ll Organizations: Trump, U.S . Capitol, America, Department of Homeland Security, FBI, National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service, Capitol, MSNBC, District of Columbia, NBC News, White, NBC, Congressional, Punchbowl News Locations: America, stoke, United States, U.S, Del, Washington, Ky
DNI nominee Avril Haines: Intelligence is 'no place for politics ever'
  + stars: | 2021-01-19 | by ( Nbc News | ) www.nbcnews.com + 0.00   time to read: +8 min
Sen. Martin Heinrich, D-N.M., asked Haines if Haines would provide a "public written assessment of the threat QAnon poses to our country." Share this -Two National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. A U.S. Army official and a senior U.S. intelligence official say the two National Guard members have been found to have ties to fringe right group militias. The Army official and the intelligence official spoke to The Associated Press on the condition of anonymity due to Defense Department media regulations. They did not say what fringe group the guard members belonged to or what unit they served in.
Persons: Biden, Covid, Joe Biden, Diane Yentl, Mitch McConnell, Trump, McConnell, Donald Trump’s, Pelosi, Nancy Pelosi, Hillary Clinton, Clinton, Chuck Schumer, Steny Hoyer, James Clyburn, Mike Pence, Pompeo, Mike Pompeo, , , they're, ” Pompeo, Martin Luther King Jr, Haines, Avril Haines, Sen, Martin Heinrich, Heinrich, Christopher Wray, Joe Biden’s Organizations: Centers for Disease Control, Income Housing Coalition, McConnell, Capitol, Trump, Electoral College, U.S . Capitol, America, Department of Homeland Security, FBI, National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service Locations: Ky, America, stoke, United States, U.S
SEE NEW POSTSMcConnell: Capitol rioters were 'fed lies' and 'provoked by the president' Senate Majority Leader Mitch McConnell, R-Ky., said Tuesday on the Senate floor that the rioters who stormed the Capitol on Jan. 6 were "fed lies" and were "provoked" by Trump and others. And they said at that point that they were storming the Capitol and the security just whisked [me] away. Share this -Two National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. A U.S. Army official and a senior U.S. intelligence official say the two National Guard members have been found to have ties to fringe right group militias. They did not say what fringe group the guard members belonged to or what unit they served in.
Persons: McConnell, Mitch McConnell, Trump, Donald Trump’s, Pelosi, Nancy Pelosi, Hillary Clinton, Clinton, Chuck Schumer, Steny Hoyer, James Clyburn, Mike Pence, Pompeo, Mike Pompeo, , , they're, ” Pompeo, Martin Luther King Jr, Haines, Avril Haines, Sen, Martin Heinrich, Heinrich, Christopher Wray, Joe Biden’s, Biden, Blunt, Roy Blunt, , Eleanor Holmes Norton Organizations: Capitol, Trump, Electoral College, U.S . Capitol, America, Department of Homeland Security, FBI, National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service, MSNBC, District of Columbia Locations: Ky, America, stoke, United States, U.S, Del
SEE NEW POSTSPelosi recounts the moment she was whisked away from House floor during riot House Speaker Nancy Pelosi, D-Calif., recounted in an interview with Hillary Clinton the moment she was whisked away from the House floor on Jan. 6, when the Capitol was breached by a pro-Trump mob. "We were having the debate when the security just pulled me off the podium," Pelosi told Clinton on her "You and Me Both" podcast. And they said at that point that they were storming the Capitol and the security just whisked [me] away. Share this -Two National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. On Monday afternoon, Trump met in the Oval Office with advisers, including White House counsel Pat Cipollone, Jared Kushner and Ivanka Trump, to discuss the final list of pardons and commutations, a White House official tells NBC News.
Persons: Pelosi, Nancy Pelosi, Hillary Clinton, Clinton, Mitch McConnell, Chuck Schumer, Steny Hoyer, James Clyburn, McConnell, Mike Pence, Pompeo, Mike Pompeo, , , they're, ” Pompeo, Martin Luther King Jr, Trump, Haines, Avril Haines, Sen, Martin Heinrich, Heinrich, Christopher Wray, Joe Biden’s, Biden, Blunt, Roy Blunt, , Eleanor Holmes Norton, Trump's, Pat Cipollone, Jared Kushner, Ivanka Trump, He’s, Kevin McCarthy, Joe Biden Organizations: Capitol, Trump, Electoral College, U.S . Capitol, America, Department of Homeland Security, FBI, National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service, MSNBC, District of Columbia, NBC News, White, NBC, Congressional, Punchbowl News Locations: Ky, America, stoke, United States, U.S, Del, Washington
Watch: Presidential transition meetings through the years
  + stars: | 2021-01-19 | by ( Nbc News | ) www.nbcnews.com + 0.00   time to read: +10 min
Share this -Will the Biden administration be able to stop evictions of tenants hurt by Covid? Eviction costs can also be added to rent bills, increasing the amounts ultimately owed by renters to their landlords. And they said at that point that they were storming the Capitol and the security just whisked [me] away. Share this -Two National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. They did not say what fringe group the guard members belonged to or what unit they served in.
Persons: Joe Biden's, Donald Trump, Biden, Jon Ossoff, Raphael Warnock, California's Alex Padilla, Kamala Harris, Sen, Mitch McConnell, Chuck Schumer, Covid, Joe Biden, Diane Yentl, Trump, McConnell, Jan, Donald Trump’s, Pelosi, Nancy Pelosi, Hillary Clinton, Clinton, Steny Hoyer, James Clyburn, Mike Pence, Pompeo, Mike Pompeo, , , they're, ” Pompeo, Martin Luther King Jr, Haines, Avril Haines, Joe Raedle, Martin Heinrich, Heinrich, Christopher Wray, Joe Biden’s Organizations: Capitol, Centers for Disease Control, Income Housing Coalition, McConnell, Trump, Electoral College, U.S . Capitol, America, Reuters, Department of Homeland Security, FBI, National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service Locations: Georgia, Ky, America, stoke, United States, Washington, U.S
Pelosi tells MSNBC's Joy Reid: 'Trump was a stain on our country'
  + stars: | 2021-01-19 | by ( Nbc News | ) www.nbcnews.com + 0.00   time to read: +10 min
SEE NEW POSTSPelosi tells MSNBC's Joy Reid: 'Trump was a stain on our country' Pelosi spoke Tuesday about the end of Trump's presidency and the transfer of power Wednesday to Joe Biden. Speaking about Trump's decision not to greet Biden at the White House, Pelosi said in an interview on MSNBC, "I do think that we're bigger than all of this. Donald Trump was a stain on our country. The full interview with Joy Reid is set to air at 10 p.m. I respect the office of presidency, of the president, more than he did for how he mistreated it.
Persons: Pelosi, MSNBC's Joy Reid, Trump, Joe Biden, Biden, Donald Trump, Joy Reid, he's, Kamala Harris, Jan, Beau, You've, Delaware, Beau Biden, He's, Joe Biden's, Jon Ossoff, Raphael Warnock, California's Alex Padilla, Sen, Mitch McConnell, Chuck Schumer, Covid, Diane Yentl, McConnell, Donald Trump’s, Nancy Pelosi, Hillary Clinton, Clinton, Steny Hoyer, James Clyburn, Mike Pence, Pompeo, Mike Pompeo, , , they're, ” Pompeo, Martin Luther King Jr Organizations: White, MSNBC, Capitol, Centers for Disease Control, Income Housing Coalition, McConnell, Trump, Electoral College, U.S . Capitol, America Locations: Delaware, Washington, Wilmington, Georgia, Ky, America, stoke, United States
The legal industry is slowly becoming more diverse, but at the partner and management levels, law firms are still overwhelmingly white and male. Mostly lawyers themselves, these executives are working to make the $795 billion global legal industry a more equitable place. To recognize the increased importance of these executives, Insider has selected seven of the most influential diversity and inclusion leaders at the country's top law firms. Each was chosen based on initiatives they've spearheaded, conversations with legal-industry experts, and how their current and former firms stack up on industry surveys such as Vault's Best Law Firms for Diversity. Six of the diversity professionals shared with Insider their unique strategies to diversity and inclusion at a Big Law firm and what they were focusing on in 2021.
Persons: George Floyd, Breonna Taylor, Read, they've Organizations: Big Law, National Association for Law, Microsoft, Diversity
“They’re using something they call history to stoke culture wars,” he said. The commission’s report depicts a nation where liberals are seething with hatred for their own country, and whose divisions over its history and meaning recall those leading to the American Revolution and the Civil War. It portrays an America whose institutions have been infiltrated by leftist radicals whose views echo those of recent totalitarian movements and argues that progressives have created, in the so-called administrative state, an unchecked “fourth branch” or “shadow government.”And American universities, the report contends, “are often today hotbeds of anti-Americanism, libel, and censorship that combine to generate in students and in the broader culture at the very least disdain and at worst outright hatred for this country.”The report likens the American progressive movement of the early 20th century to the fascism of leaders like Benito Mussolini, who it said “sought to centralize power under the management of so-called experts.”“The biggest tell in the 1776 report is that it lists ‘Progressivism’ along with ‘Slavery’ and ‘Fascism’ in its list of ‘challenges to America’s principles,’” Thomas Sugrue, a historian at New York University, wrote on Twitter. “Time to rewrite my lectures to say that ending child labor and regulating meatpacking = Hitlerism.”Released on Martin Luther King’s Birthday, the report even takes aim at the legacy of the Civil Rights movement, saying that it “was almost immediately turned to programs that ran counter to the lofty ideals of the founders.”Some of the strongest criticism was for the report’s treatment of slavery, which the report suggests was an unfortunate reality throughout the world that was swept away in America by the forces unleashed by the American Revolution, which is described as marking “a dramatic sea change in moral sensibilities.”
Persons: , , Benito Mussolini, ’ ” Thomas Sugrue, Martin Luther King’s Organizations: American, Fascism, New York University, Twitter, Civil Rights Locations: stoke, America
It’s white supremacy. “I don’t want to sound like Ms. Cleo or anything,” said Rashad Robinson, president of Color of Change, referring to the once ubiquitous television psychic. By choosing Trump and his birtherism, Republican voters chose a nominee who, to many, symbolized “a kilo of pure, uncut white supremacy,” Anderson said. White supremacy. White supremacy makes people feel entitled to it all.”
Persons: Donald Trump, Cassandra, , Carol Anderson, ” Anderson, , hollering Trump, “ Trump, stokes, Anderson, Trump, Barack Obama’s, Barack Obama, J, Scott Applewhite, Whoopi Goldberg, Obama, birtherism, ” Ufot, Rashad Robinson, ’ ” Robinson, Donald Trump's, Bebeto Matthews, Robinson, ” Robinson, résumé, , ’ ” Anderson, Organizations: Capitol, New, , , Trump, Republican Locations: United States, Hawaii, American, New Georgia, New York
Transportation of some steelmaking ingredients, mostly coal and coke that are sent via trucks, has been affected by the curbs. Capacity utilisation rates at 126 blast furnaces in Tangshan fell to 78.84% this week, down 1.72% from a week earlier, according to Mysteel. Coke futures closed 1.5% higher at 2,775 yuan. * Steel inventories at mills and with traders stood at 15.2 million tonnes, as of Jan. 14, up 5.5% from the week earlier. * Shanghai stainless steel futures, for March delivery, closed 0.7% higher to 13,970 yuan a tonne.
Persons: Jan Organizations: Dalian Commodity Exchange, Shanghai Futures Exchange Locations: BEIJING, COVID, steelmaking, Hebei, Tangshan, Shanghai
FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma, September 15, 2015. REUTERS/Nick OxfordBrent was down $1.33, or 2.3%, at $55.17 by 11:59 a.m. EST (1559 GMT), after gaining 0.6% on Thursday. U.S. West Texas Intermediate crude was down $1.17, or 2.1% at $52.44 a barrel, having risen more than 1% the previous session. These positives were called into question on Friday as the dollar rose and China ramped up lockdown measures. A nearly $2 trillion COVID-19 relief package in the United States unveiled by President-elect Joe Biden may increase oil demand from the world’s biggest crude consumer.
Persons: Nick Oxford Brent, Joe Biden, , John Kilduff, Organizations: YORK, Devon Energy Production Company, REUTERS, . West Texas, President, stoke, Capital Management, , Rystad Energy Locations: Guthrie , Oklahoma, China, United States, Asia, New York
Hospitals in England Struggle in the Grip of the Virus
  + stars: | 2021-01-15 | by ( Josh Holder | Marc Santora | ) www.nytimes.com + 0.00   time to read: +13 min
Note: This data includes only general and acute beds, which make up the bulk of most hospitals’ beds, but excludes those in intensive care. Hospitals across the country are stretched to the brink with Covid-19 patients, medical staff are at their breaking point, and the death toll is soaring. Eleven National Health Service trusts in England now have more than half of their beds occupied by Covid-19 patients. The data includes most hospitals’ beds excluding those in intensive care. Cases have started to decline in all regions of England Cases per 100,000 people, by region 0 50 100 Nov. 17 Jan. 13 7-day average London 0 50 100 Nov. 17 Jan. 13 East of England 0 50 100 Nov. 17 Jan. 13 North West 0 50 100 Nov. 17 Jan. 13 South East 0 50 100 Nov. 17 Jan. 13 West Midlands 0 50 100 Nov. 17 Jan. 13 East Midlands 0 50 100 Nov. 17 Jan. 13 South West 0 50 100 Nov. 17 Jan. 13 North East 0 50 100 Nov. 17 Jan. 13 Yorkshire and The Humber Note: Regions sorted by highest number of confirmed cases per 100,000 people reported on Jan. 13.
Persons: Covid, Jan, Boris Johnson, , Christina Pagel, Whittington, Neil Ferguson, Johnson’s, Andrew Testa, Neil Greenberg, Victoria Jones, Greenberg, “ ‘, , “ I.C.U, Pagel, Ms Organizations: Middlesbrough Newcastle Blackpool Stoke Manchester Sheffield Kingston, Hull York Leeds Leicester Peterborough Nottingham Birmingham Norwich Luton London Southampton Bournemouth Reading Brighton Oxford Portsmouth Bristol, Whittington Health, Ambulance, Public Health England, Unit, University College London, Health Service, North Middlesex, Medway, West Hertfordshire, Croydon Health, Royal Berkshire, East Sussex Healthcare, Dartford, King's, London, England, West, East, Midlands, Imperial College London, BBC Radio, The New York Times, King’s College London, St George’s Hospital, Associated, “ Staff Locations: Covid, London, England, Whittington, Croydon, Gravesham, Lewisham, Greenwich, North Cumbria, Yorkshire, South Africa, Brazil, Britain, St, Iraq, Afghanistan, United States, I.C.U
Oil drops more than 2% as demand fears hit sentiment
  + stars: | 2021-01-15 | by ( ) www.cnbc.com + 0.00   time to read: +2 min
Oil pumping jacks, also known as "nodding donkeys," in a Rosneft Oil Co. oilfield near Sokolovka village, in the Udmurt Republic, Russia, on Friday, Nov. 20, 2020. While producers are facing unparalleled challenges balancing supply and demand equations with calculus involving vaccine rollouts versus lockdowns, financial contracts have been boosted by strong equities and a weaker dollar, which makes oil cheaper, along with strong Chinese demand. These positives were called into question on Friday as the dollar rose and China ramped up lockdown measures. A nearly $2 trillion COVID-19 relief package in the United States unveiled by President-elect Joe Biden may increase oil demand from the world's biggest crude consumer. "This renewed lockdown is striking at the heart of the demand picture in Asia.
Persons: Brent, Joe Biden, John Kilduff Organizations: . West Texas, President, stoke, Capital Management, Rystad Energy Locations: Sokolovka, Udmurt Republic, Russia, China, United States, Asia, New York
MSCI’s broadest index of Asia-Pacific shares outside Japan was steady and just a whisker short of Monday’s all-time high. S&P 500 futures rose 0.2% and EuroSTOXX 50 futures rose 0.3%. [FRX/]The dollar rose 0.2% to 104.12 yen with U.S. yields after the CNN report, which cited one lawmaker in contact with Biden’s advisers as its source. In commodity markets oil futures nursed modest losses as fresh surges in coronavirus cases stoke worries about more lockdowns and lower energy demand. Brent crude futures slipped 0.1% to $55.91 a barrel and U.S. crude futures fell by the same margin to $52.81 a barrel.
Persons: Bonds, Issei Kato, Joe Biden, , Frank Benzimra, Biden, Jerome Powell, Donald Trump Organizations: REUTERS, Nikkei, U.S . Federal Reserve, CNN, Democrat, Societe Generale, Traders, New Zealand, Hong, Reuters, Wall Street, Trump, Brent Locations: SINGAPORE, Tokyo, Japan, Asia, Pacific, Hong Kong, U.S, North Asia, Washington
Calm stock market may be anticipating Biden's more normal White House
  + stars: | 2021-01-14 | by ( Patti Domm | In | ) www.cnbc.com + 0.00   time to read: +6 min
Kevin Lemarque | ReutersJoe Biden's inauguration next week is expected to usher in a more traditional and normal presidency, and the stock market could continue to climb, but perhaps at a slower pace. "I think we've gotten the Biden stimulus and more priced in," said David Bianco, chief investment officer Americas at DWS. For the stock market, Trump's pro business policies seem to have outweighed some of the actions he took that were negatives for businesses, like tariffs and the trade war with China. Tax cuts and reductions in all sorts of regulations helped stoke stock market gains. Trump's behavior has been largely ignored by the stock market.
Persons: Joe Biden, Kevin Lemarque, Reuters Joe Biden's, Biden, we've, David Bianco, Bidenomics, Donald Trump, Trump, Bill Clinton, Barack Obama, Jerome Powell, Mike Pence, Barry Knapp, Ironsides, Knapp, we're, It's Organizations: Reuters, Biden, stoke, Twitter, Capitol, Democrats, Trump, Republicans Locations: Wilmington , Delaware, U.S, DWS, China, Georgia
"This isn't the final chapter of a movement that's dying out." When you say it's not the final chapter, what should we expect in the coming weeks, months and maybe years? NBC NEWS: You alluded earlier to a final chapter that this is not. What would that final chapter look like if these people have their way? So that would be a final chapter.
Persons: WASHINGTON —, Daryl Johnson, Janet Napolitano, Donald Trump, Johnson, JOHNSON, Barack Obama, Elizabeth Neumann, It's, I'm, Trump's, He's, we've, that's, you've, haven't, , QAnon Organizations: Homeland Security, Republican, U.S, Capitol, NBC News, NBC, Capitol Police, Democratic, FBI, Trump, DHS, U.S . Capitol Locations: WASHINGTON, United States, Illinois, America, Michigan, Idaho, U.S, stoke
Pinduoduo under fire as China turns on its tech titans
  + stars: | 2021-01-13 | by ( Laura He | Nectar Gan | Cnn Business | ) edition.cnn.com + 0.00   time to read: +6 min
Pinduoduo said the man had earlier asked for time off, without giving a reason, according to a company statement. Tech work culture under fireThe firestorm surrounding Pinduoduo has reignited a long-running debate in China about the tech industry's controversial "996" work culture — a term referring to the practice of working from 9 a.m. to 9 p.m. six days a week that is said to be common among the country's big technology companies and startups. Xinhua interviewed Wang, the former Pinduoduo worker, on Tuesday. Recent worker tragedies at Pinduoduo have provided those authorities with another potential arrow in their quiver," Silvers said. He added, though, that the environment for workers might not change much, even after the tech sector "regains a regulator equilibrium."
Persons: afterand —, Pinduoduo, Wang Taixu, Wang, Jack Ma, Ma, hasn't, Alex Capri, Hinrich, Jack Qiu Linchuan, Brock Silvers, Silvers Organizations: CNN, Weibo, CNN Business, China's, Ant, Hinrich Foundation, National University of Singapore, Communist Party, Xinhua News Agency, Xinhua, Kaiyuan Locations: Hong Kong, Urumqi, Xinjiang, Changsha, Hunan province, Weibo, Pinduoduo, Shanghai, China, Beijing, stoke
“He should have immediately denounced the mob when he saw what was unfolding.” “These facts require immediate actions by President Trump,” he continued. A few Republicans defended him, but most others simply argued that a rush to impeach Mr. Trump without a hearing or an investigation raised constitutional questions. With Democrats controlling the House, Mr. Trump is expected to become the first American president to be impeached twice. Mayor Muriel Bowser of Washington sent a letter to Mr. Trump on Sunday asking for an emergency declaration to obtain additional funding for inauguration security. On Tuesday, a federal inspector general questioned an order to deliver the estimates before Mr. Trump leaves office, after whistle-blowers warned that the rush would imperil their accuracy.
Persons: Trump, Mitch McConnell, Jan, President Trump, , Anna Moneymaker, McConnell, Erin Schaff, Joseph R, Biden, Nancy Pelosi, Cedric L, Mr, Mitch McConnell of, Kevin McCarthy of, treaded, antifa, ” Mr, McCarthy, , Trump’s, Dan Newhouse, Mike Pence, Liz Cheney, Biden’s, Steny Hoyer, Jaime Raskin of, Adam B, Schiff, Hakeem Jeffires, “ Donald Trump, Steny H, Hoyer, “ I’ve, Ronald Reagan, George H.W, Bush, George Bush, Ilhan Omar, Cedric Richmond of, Joaquin Castro of, Jim Jordan of, “ It’s, It’s, I’ve, Tom McClintock of, Matt Gaetz, Guy Reschenthaler of, Reschenthaler, , Nancy Mace, Jaime Herrera Beutler, “ I’m, ” Nicholas Fandos, , T.J . Kirkpatrick, Hakeem Jeffries, grumbled, Jerrold Nadler, prevaricating, Pelosi, Zach Montague, Nicholas Fandos, Oliver Contreras, Pence, ” “, Jamie Raskin, Adam Kinzinger of, Dan Bishop, impeaching, Chip Somodevilla, John Katko, Trump “, Fred Upton of, Herrera Beutler, Newhouse, chiding, Glenn Thrush, Adam Schiff, Ms, Raskin, Diana DeGette of, David Cicilline, Joaquin Castro, Eric Swalwell of, Ted Lieu, Stacey Plaskett, Joe Neguse, Madeleine Dean of, Luke Broadwater, Ryan McCarthy, McCarthy’s, Muriel Bowser, Washington, ” Ms, Bowser, National Guard —, Helene Cooper, Samantha Power, Seth Wenig, Obama, Power, Barack, Trump doesn’t, Elizabeth Sherwood, Randall, Anne Neuberger, Neuberger, Jeffrey Wexler, John McCarthy, Steve Ricchetti, Zayn Siddique, Thomas Winslow, Lisa Kohnke, Sarah Feldmann, Christian Peele, Michael Leach, Leach, Eileen Sullivan, Donald J, Damon Winter, Tom Hanks, Kamala Harris, Ant Clemons, Jon Bon Jovi, Demi Lovato, Justin Timberlake, Presidential, Tom Daschle, Kenneth Lambert, Daschle, Susan Collins, New York —, Pennsylvania —, George W, Richard Gephardt of, Justin Sullivan, Peggy E, Gustafson, Steven Dillingham, Dillingham, you’ve Organizations: Trump, Capitol . Credit, The New York Times, National Guard, Capitol, impeaching, Democrats, Republicans, Republican, Mr, Washington State, IF ARTICLE, Democratic, Senate, Trump mob, Jaime Raskin of Maryland, , Maryland, Democrat, Biden White, U.S . House, ., magnetometers, Capitol Visitors Center, ” Lawmakers, Armed National Guard, The, White, Fox News, Lawmakers, impeaching Trump, Trump . Credit, Trump loyalists, United States Capitol, Washington, The New York, Capitol Police, Intelligence Committee, Committee, University’s Washington College of Law, Air Force, Pentagon, The New York Times National Guard, Defense, Defense Department, . Defense, United Nations, United States Agency for International Development ., Associated, United States Agency for International Development, National Security Council, Security Council, Times, Biden, National Security Agency, Russia Small, Management, Administration, . Management, Chicago Bears, Texas Tech football, New York Times, ABC, CBS, CNN, NBC, MSNBC, Facebook, YouTube, Twitter, Presidential, Convention, Flags, stoke, Maine Republican, America, Bureau, Commerce, Census, American Locations: California, Richmond of Louisiana, Mitch McConnell of Kentucky, Kevin McCarthy of California, Wyoming, United States, America, New York, Minnesota, Cedric Richmond of Louisiana, Joaquin Castro of Texas, Jim Jordan of Ohio, Tom McClintock of California, Florida, Guy Reschenthaler of Pennsylvania, South Carolina, Rosa Parks, York, Washington, Maryland, Adam Kinzinger of Illinois, North Carolina, Republic, Fred Upton of Michigan, Diana DeGette of Colorado, Rhode Island, Eric Swalwell of California, Ted Lieu of California, Virgin, Colorado, U.S, Europe, Moscow, South Dakota, , Pennsylvania, Richard Gephardt of Missouri, Texas, Missouri
LONDON (Reuters Breakingviews) - Three years ago, this column suggested that bitcoin, whose price soared 15-fold during 2017, faced a total wipeout. Bitcoin is particularly susceptible to speculative fervour because its supply is pretty much fixed in the short run while demand is volatile. But a digital age demands digital gold, and bitcoin is in a prime position to fulfil that role. Bitcoin ownership is also coming under the regulatory umbrella, as digital exchanges jockey to meet the “know your customer” requirements. In recent years, bitcoin has proved its value in countries like Argentina, where currency regulations have been tightened and inflation remains endemic.
Persons: bitcoin, Bitcoin, Dylan Grice, Lehman, Claudio Borio, Borio, Grice, haven’t Organizations: Reuters, Federal Reserve, Fidelity Investments, Lehman, Calderwood Capital Research, bitcoin, Bank for International Locations: bitcoin, stoke, cryptocurrencies, Central, Mt, Gox, cryptos, Argentina
Japan's price expectations weaken as pandemic stokes deflation fears
  + stars: | 2021-01-12 | by ( Leika Kihara | ) www.reuters.com sentiment -0.87   time to read: +2 min
FILE PHOTO: Shoppers wearing protective face masks walk on the street at Tsukiji outer market, amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan December 24, 2020. REUTERS/Issei KatoTOKYO (Reuters) - Japanese household inflation expectations hit an eight-year low in the three months to December, a central bank survey showed on Tuesday, suggesting the coronavirus pandemic has heightened deflationary risks in the world’s third-largest economy. Nearly 90% of households said they reduced the number of outings for leisure and entertainment compared with March last year, when the coronavirus began to spread. About 67% said they plan to further curb leisure and entertainment-related outings, while 71% said they don’t plan to change the amount they spend to enjoy time they spend at home. Core consumer prices fell 0.9% in November from a year earlier, the fastest pace of decline in a decade.
Persons: Issei Kato TOKYO, Lehman Organizations: REUTERS, Bank of Japan, Lehman Brothers Locations: Tokyo, Japan
Cecillia Xie, a privacy and data security associate at the law firm Morrison & Foerster, posted her first TikTok in April about working from home as a lawyer during the pandemic. Xie says that creating legal industry content is her way of paying it forward and inspiring the next generation of lawyers. Xie regularly posts videos explaining aspects of law school and the legal industry. A graduate of Harvard Law School, Xie interned in the Department of Justice's Criminal Division in the Computer Crime and Intellectual Property Section. She was also a summer associate at the law firm Simpson, Thatcher & Bartlett, where she worked as an associate for two years.
Persons: Cecillia Xie, Morrison, Foerster, she's, Xie, Lana Del Ray, who's, Morrison & Foerster, Simpson, Thatcher, Bartlett, Foley, Lardner, Averie, Callie Wilson, She's, they're, Read, I've, I'm, Organizations: Morrison &, Harvard Law School, Department of Justice's, Big Locations: New York, Chinatown
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