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☆ Threats, Beatings, Extortion: The Violent World of Fire-Truck Chasers
▼ + stars: | 2023-08-03 | by ( Michael Wilson | More About Michael Wilson | ) www.nytimes.com time to read: +1 min

Right behind them are workers in a little-known industry who offer traumatized homeowners what is known as emergency mitigation services. He dove into this hyper-intense new job, he said, chasing fires and the promise of a straight paycheck. His boss had taught him how to immediately find the homeowner in a crowd of people outside a burning home: Look at everyone’s feet. “Everyone got out?” His boss taught him that, too: Act concerned. Never ask how they’re doing.

Persons: Jatiek Smith, ”, They’re Locations: Brooklyn, Queens, Staten Island, Sheepshead

☆ Back From the Edge, U.S. Tries to Focus on What Comes Next
▼ + stars: | 2023-08-01 | by ( Juliet Macur | ) www.nytimes.com time to read: +1 min

It is trying to forget just how close it came to the exit. Forget that the United States has had trouble scoring at this tournament, they said, and that it just cannot figure out how to convert its passes and its possession into goals. O’Hara leaned in and looked around at the faces of her teammates — some sad, some blank, some determined. “I just told them, ‘Listen, guys, we did what we had to do,’” O’Hara said. “It’s not like everyone’s sitting there like, ‘Wow, that was the most amazing performance we put together.’ But that’s where you have to dig deep.

Persons: Rapinoe, Kelley O’Hara, Tuesday’s, O’Hara, —, “, ” O’Hara, ’, Crystal Dunn, ”, “ It’s Organizations: United States, U.S Locations: United, Netherlands, Melbourne, Australia, Sweden, United States

☆ Bollywood film ‘Bawaal’ accused of trivializing Holocaust and demeaning victims
▼ + stars: | 2023-07-28 | by ( Rhea Mogul | ) edition.cnn.com time to read: +4 min

They travel to Europe to prominent World War II sites, where their love for one another deepens. And we want what others have.”In another scene in the film, she says: “Every relationship goes through their Auschwitz”. The dialogue and plot has sparked outrage with the SWC calling on the Amazon Prime to stop monetizing the film. Tiwari, Kapoor and Dhawan have not publicly addressed the SWC statement. Dhawan said he respected everyone’s opinion, adding that critics are harder on Hindi movies and give more leeway to Western films.

Persons: New Delhi CNN —, Simon Wiesenthal, Nitesh Tiwari, Janhvi Kapoor, Varun Dhawan, Kapoor, We’re, Adolf Hilter’s Nazi, Dean, Rabbi Abraham Cooper, “ Nitesh Tiwari, India’s, Shantanu Das, “, Tiwari, Dhawan, ”, ” Kapoor Organizations: New, New Delhi CNN, Simon Wiesenthal Center, Amazon Prime, Nazi, SWC, Prime, Global, CNN, Hindustan Times, ” Locations: New Delhi, Indian, Europe, India

☆ What’s more important as you age — stretching, balance work or strength training?
▼ + stars: | 2023-07-21 | by ( Melanie Radzicki Mcmanus | ) edition.cnn.com time to read: +6 min

In addition, they should perform strength training and balance exercises at least twice weekly. Adults age 65 and older should perform strength training and balance exercises at least twice every week. Couple that with the benefits of strength, balance and flexibility work, and you’ve got a great chance at aging well. Strap on a weighted backpack during your walk, and now you’re “rucking,” an exercise based on military training that combines aerobic exercise with strength training. “If you don’t believe strength training, balance and flexibility work will really help, give it a try for a few months and see what a difference it makes,” he said.

Persons: ”, George Eldayrie, “, John Higgins, Eldayrie, you’ve, ” Higgins, ” Eldayrie, Melanie Radzicki McManus Organizations: CNN, National Institutes of Health, Orlando Health Jewett Orthopedic Institute, US Centers for Disease Control, McGovern Medical, University of Texas Health Science Center, Houston, CNN’s Locations: Winter Garden , Florida, CDC

☆ The Philippines women's soccer team is making history at this year's Women's World Cup.
▼ + stars: | 2023-07-20 | by ( Tara Subramaniam | ) edition.cnn.com time to read: +4 min

Led by coach Alen Stajcic, who formerly coached the Australian Women’s National Team, the squad will make history no matter the result of Friday’s game. ‘The word is spreading’Before joining the national team, California born Sarina Bolden – whose penalty kick clinched the island nation’s spot at the tournament – had never been to the Philippines. The 27-year-old is hopeful her country’s presence in the World Cup will promote soccer both in the Philippines – where other sports such as basketball and boxing remain more popular – and among the Filipino diaspora. In 2022, she was a key part of the Philippine National team that progressed to the knockout stages of the AFC Women’s Asian Cup for the first time. Bolden said she’s already seen awareness and interest grow in the Philippines following the team’s on field successes and historic qualification for the World Cup.

Persons: they’ll, Alen Stajcic, Stajcic, “, ”, ” Stajcic, Sarina Bolden –, –, “ Everyone’s, Bolden, ” Bolden, she’s Organizations: New Zealand CNN, Philippines ’, Women’s National Team, CNN, Filipina, Western Sydney Wanderers, Loyola Marymount University, LMU Lions, Philippines, Philippine National, AFC, women’s Locations: Auckland, New Zealand, Philippines, Switzerland, United States, California, Los Angeles, Europe, US, Asia, Taiwan, Japan

☆ Tom Brady has always been looking for speed; he had to retire from the NFL to find it
▼ + stars: | 2023-07-20 | by ( Don Riddell | ) edition.cnn.com time to read: +8 min

Tom Brady did it all; he’s a paragon of excellence and a poster child for longevity. If there was anything that Tom Brady lacked, it was speed. “If I couldn’t run that fast, I better figure out a vehicle that could move fast!” quipped Brady. And we’re so lucky to have him.”Legendary quarterback Tom Brady announced his retirement after 23 seasons in the NFL earlier this year. “I’ve done my part in professional football,” said Brady.

Persons: Tom Brady, He’s, Brady, I’ve, ”, Alejandro Agag, who’s, Brady can’t, “, ” Brady, ” Tom Brady, Billie Weiss, ’ Brady isn’t, they’ve, there’s, Didier Drogba, Rafael Nadal, Sergio Pérez, Agag, that’s, Didier, he’s, Rafa, it’s, ” Agag, “ Brady, Harry, There’s, I’ll Organizations: CNN, NFL, New England Patriots, Tampa Bay Buccaneers, Miami Dolphins, Patriots, CNN Sport, world's, Formula, Gillette, Chelsea, Champions League, Premier League, ”, North, Tampa Locations: New England, Jeddah, Saudi Arabia, Venice, Monaco, Rotterdam, Europe, North America, Asia, Miami , New York, Chicago, San Francisco , Hong Kong, Macau, Tokyo, Florida, Foxborough , Massachusetts, Ivory Coast, Spain, Mexican, powerboating, Tampa Bay

☆ Powerball is fun, but here are 3 better ways to increase your wealth
▼ + stars: | 2023-07-19 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +3 min

New York CNN —There are zero things wrong with fantasizing about winning tonight’s billion-dollar Powerball jackpot drawing. And dropping $5 to $10 to buy lottery tickets or scratch-offs on occasion can be considered entertainment spending. Yet Americans spent nearly $108 billion on lottery tickets last year, according to the North American Association of State and Provincial Lotteries. If that’s the case for you, why not spend most of your lottery money on experiences you know you like doing now. Think of it this way: Let’s say you spend $35 a week on lottery tickets ($1,820 a year).

Persons: ”, Tiffany Aliche, ” Aliche, — CNN’s Chris Isidore Organizations: New, New York CNN, North American Association of State, Provincial, TheBudgetnista.com, Richer Academy Locations: New York

☆ Hearing aids may reduce your risk of dementia by half, study says
▼ + stars: | 2023-07-18 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +6 min

CNN —For people facing a greater threat of cognitive decline, getting hearing aids could cut your risk in half, according to a new study. Over the past decade, research has established that hearing loss is one of the biggest risk factors for developing dementia, but it wasn’t clear whether intervening with hearing aids would reduce the risk, he added. In the total group, hearing aids did not appear to reduce cognitive decline, the study said. Why hearing loss may increase dementia riskEveryone’s hearing declines with age, Lin said. In those cases, lower cost over-the-counter hearing aids — available without a prescription — may be a good option.

Persons: ”, Frank Lin, Lin, Thomas Holland, Holland, couldn’t, that’s, ” Lin, “, Benjamin Tan, Dean’s, Tan, ” Holland Organizations: CNN, US Centers for Disease Control, Johns Hopkins University School of Medicine, Bloomberg School of Public Health, Rush Institute for Health Aging, Loo Lin, of Medicine, National University of Singapore Locations: United States

☆ Streaming Deals: Best Amazon Prime Video Add Ons 2023
▼ + stars: | 2023-07-12 | by ( Bellamy Richardson | ) www.wsj.com time to read: +4 min

By Bellamy RichardsonAmazon Prime Day isn’t just about home gear and iPads—Prime Video has deals on streaming service add-ons so you can binge all those TV shows everyone’s talking about. Prime members can now score discounts on 18 channels including Max and Paramount+ for two months; regular prices resume after the trial period unless you cancel the subscription. (Set a reminder in your calendar before the two months is up in case you want to go to your Prime Account & Settings and make a change.) Try PBS Kids, now only $1 a month, down from its regular price of $5 a month. Introduce your kids to popular children’s TV series such as “Daniel Tiger’s Neighborhood” and “Wild Kratts.”

Persons: Bellamy Richardson, Max Deal, Don’t, ”, Stallone, Sylvester Stallone, Karen Pirie ”, Karen Pirie, Black, “ Daniel Tiger’s Organizations: Bellamy Richardson Amazon, Max, Paramount, College, College Girls, Tulsa King, Survivor, Starz, AMC, Cinemax, PBS, Deal Locations: San, Chinatown

☆ Jamie Foxx spotted publicly for first time since hospitalization
▼ + stars: | 2023-07-10 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —There finally appears to be proof that Jamie Foxx is on the mend. — Jamie Foxx (@iamjamiefoxx) July 10, 2023CNN has reached out to representatives for Foxx for comment. The actor has been recovering since April, when he experienced an undisclosed medical complication, according to his daughter, Corinne Foxx. Doing really, really good,” Turner said. He’s in really, really good shape and spirits.

Persons: Jamie Foxx, Foxx, tay Organizations: CNN, TMZ Locations: Chicago, ife

☆ McDonald’s bet on viral success with its Grimace shake. TikTok users are pretending it killed them
▼ + stars: | 2023-06-28 | by ( Scottie Andrew | ) edition.cnn.com time to read: +5 min

Since the debut of the Grimace shake earlier this month, TikTok users have been excitedly ordering the shake, released in honor of McDonald’s character Grimace’s “birthday,” and then pretending to die on camera after consuming the purple beverage. They often dump the shake over their convulsing bodies, apparently signaling that Grimace, that bumbling bestie of Ronald McDonald, killed them. The Grimace shake, though, has become more infamous than beloved. In a typical “Grimace Shake” TikTok, an enthusiastic young person, Grimace shake in hand, will wish the big purple mascot a happy birthday before taking their first sip. When reached for comment, McDonald’s referred CNN to a tweet from Grimace: “meee pretending i don’t see the grimace shake trendd,” along with a photo of the purple one himself, eyebrows raised.

Persons: McDonald’s, Grimace’s, ”, Ronald McDonald, Matthew Prince, “ It’s, it’s, Grimace, J Balvin, Travis Scott, they’ve, Grimace wasn’t, execs, Ronald McDonald’s, Hamburglar, Bell’s, grimace, “ Organizations: CNN, Chapman University, buzzy, Wine, Wednesday Locations: California, ”

☆ Brazil fan leaves everything to Neymar in will
▼ + stars: | 2023-06-28 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

Reuters —Leaving everything you own to a multi-millionaire soccer player would not be everyone’s idea of a good cause, but one Brazilian fan could not think of a more deserving recipient of his worldly goods than Neymar Jr. The anonymous fan said that beyond a love for the national team and for Brazil’s football legacy, he identified with Neymar, which led him to officially name the Brazil striker in his will. “I like Neymar, I identify with him a lot. Paris Saint-Germain’s Neymar is one of the world’s best paid sportsmen, with estimated earnings of $85 million for 2023 according to Forbes. “I know that, above all, he is not greedy, something a bit rare these days,” the fan said.

Persons: Neymar Jr, “, ”, I don’t Organizations: Reuters, Brazil, Forbes Locations: Brazil, Porto Alegre, Paris

☆ 28 Things Every Student Needs to Pack for College
▼ + stars: | 2023-06-27 | by ( Lisa Lombardi | ) www.wsj.com time to read: +12 min

One of these plug-in air fresheners will keep a dorm room smelling good, and each scent refill lasts for over a month. Aromatherapy diffuserTakeout meals from the dining hall and dirty laundry sure can stink up a tiny dorm room. But with an aromatherapy diffuser, you can keep a dorm room smelling great and exude calm vibes. Bed risers with USB portsHold N' Storage Bed Risers with Power Outlet and USB Ports $48 at AmazonTo add under bed storage, you can’t beat bed risers, says Saltman. These Hold N’ Storage bed risers elevate a bed by 7.25 inches, providing room for extra bins and luggage.

Persons: Lisa Lombardi, —, ”, Barbara Reich, “, Lauren Saltman, Will, Jamie Vacca, Decker, expanders Max, Covid, Vacca’s, Covid —, they’re, it’s, ” Vacca, Command Hooks, Tuck, Clay White, Bellamy Richardson Organizations: Facebook, YouTube, University of Wisconsin – Madison, Walmart, Apple Cider, Amazon, University of Wisconsin, Emory University, Washington University, “, Command, Target, tote Locations: New York City, Newfields, Florida, Alaska, Ikat

☆ How Liza Colón-Zayas, Everyone’s Favorite Line Cook From ‘The Bear,’ Cooks at Home
▼ + stars: | 2023-06-22 | by ( Kathleen Squires | Photographs Laura Murray For The Wall Street Journal | ) www.wsj.com time to read: 1 min

THIS SUMMER, some well-deserved downtime is on the agenda for Liza Colón-Zayas. Over the past year, the actress made her Broadway debut in the Tony-nominated “Between Riverside and Crazy,” celebrated three decades as a member of the Labyrinth Theater Company and won critical acclaim for her portrayal of the prickly line cook Tina in FX on Hulu’s “The Bear.” In Season 2, which streams June 22, Tina attends culinary school. To prepare, Colón-Zayas worked with chef David Waltuck, whom she calls a “very patient, cool character.”

Persons: Liza Colón, Tony, ”, Tina, Zayas, David Waltuck Organizations: Broadway, Labyrinth Theater, Colón Locations: Zayas, Riverside

☆ Windrush Day: Manchester United great Andy Cole opens up about Jamaican roots and racism
▼ + stars: | 2023-06-22 | by ( Darren Lewis | James Oware | ) edition.cnn.com time to read: +8 min

On one of the first voyages, 492 Caribbean islanders onboard the HMT Empire Windrush arrived in the UK on June 22, 1948. That generation of immigrants became the namesake of that ship, and their arrival date is now celebrated as Windrush Day. However, Cole says racist abuse and a lack of acknowledgement for his achievements meant that in adulthood, he recognized his father was right. Speaking on the inevitability of racist abuse that Black footballers face when missing penalties Andy outlined, “I think we’re just waiting, okay, what’s happening on social media? A clinical striker in his playing career, maybe one day Andy can transfer his wealth of knowledge to the boardroom.

Persons: Andy Cole, “, Darren Lewis, Cole reminisced, ” Andy, Windrush, Cole’s, Cole, Douglas Miller, ” Cole, Norma Gregory, Lincoln, ”, Caribbeans, Mark Leech, Andy, Devante, George Wood, Jadon Sancho, Marcus Rashford, Vinícius, Romelu, Tom Jenkins, Vinicius Organizations: CNN, League, Champions League, CNN’s, Commonwealth, Caribbean, Hulton, Coal Miners, Heritage, English League, Barnsley, English, England, Inter Milan, FIFA, UEFA, Italy, Real Locations: Britain, Nottingham, Jamaica, Commonwealth, Runnymede, British, England, Real Madrid, Italian, Brazil, European

☆ Samantha Irby Says It’s OK to Hate Your Body
▼ + stars: | 2023-06-18 | by ( David Marchese | ) www.nytimes.com time to read: +7 min

Talk Samantha Irby Says It’s OK to Hate Your BodyAs far as descriptions of writers go, “humorist” has an old-fashioned, almost quaint ring to it, the literary equivalent of haberdasher or lamplighter. Maybe I was born too early to get on the “I don’t give a [expletive] if you see my legs” thing. I don’t know if this is controversial, but I don’t miss my parents. But I don’t know. I think I’m off the hook a little because my main target is myself, but the joke sensitivity is wild to me.

Persons: Samantha Irby, ”, “, operatically, vivacity, Irby, ” Irby, I’ve, they’re, she’s, Cynthia Nixon, Kevin Yatarola, don’t, Nicole Ari Parker, Sarah Jessica Parker, Kristin Davis, Karen Pittman, ” Craig Blankenhorn, Max, Brown, Paul Mooney, Richard Pryor, I’m, David, David Marchese, Emma Chamberlain, Walter Mosley Organizations: ”, YouTube, Cal Newport Locations: ”, New York, America

☆ ‘Squid Game’ Season 2: New details revealed
▼ + stars: | 2023-06-18 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —Get ready, because everyone’s favorite lethal game show is preparing for a big return. Netflix shared exclusive new details for the second season of its runaway hit South Korean thriller series “Squid Game” on Saturday, as part of its Tudum Global Fan Event in Brazil. A new teaser for the second season of “Squid Game” announced both returning and new cast members, with series lead Lee Jung-jae, playing cash-strapped everyman Seong Gi-hun, back for a second round. Standout cast member Oh Yeong-su, who played the elderly and unassuming Oh Il-nam in the first season of “Squid Game,” has yet to be confirmed as a returning cast member, even though his involvement in the game was revealed to be a bit more complicated at the end of the show’s first season. A release date for Season 2 of “Squid Game” was not immediately available.

Persons: ”, Lee Jung, jae, Seong, Lee Byung, Yim, Kang Ha, Yang Dong, Oh Organizations: CNN, Netflix Locations: Brazil

☆ Buzz and smiles growing after Mercedes tops Canada practice
▼ + stars: | 2023-06-17 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

"The car didn't feel bad but I think we've definitely got some work to do," said Hamilton. "We've just got to improve our ride control and a bit of the balance through corners and I think we'll be alright. The upgrades in Monaco and Barcelona led to a double podium at the Spanish Grand Prix with Hamilton finishing second and Russell third behind race winner Verstappen. Even Allison could not bring himself to make any predictions beyond things finally are all pointing in the right direction. "Probably a little bit too soon to say that summer has arrived with that one swallow – but hopefully, we’ve turned a bit of a corner.

Persons: Gilles Villeneuve, Mercedes, Lewis Hamilton, Chris Helgren MONTREAL, Circuit Gilles Villeneuve, George Russell, Red, Max Verstappen, Sergio Perez, Hamilton, We've, Russell, James Allison, Allison, Bull, Verstappen, we’ve, Steve Keating, Grant McCool Organizations: Prix, Mercedes, Circuit, Spanish, Hamilton, Thomson Locations: Montreal, Canada, Hamilton, Monaco, Barcelona

Then, a deep dive into MrBeast and what his YouTube empire says about the future of the internet. Reddit came along and said, oh, we need to protect Reddit from the rise of these large language models. So I don’t think they’re totally out of the woods. But I don’t think people would say it was a golden age for how safe the platforms fell to use. But I want to challenge you on this, because I don’t necessarily think that it’s a bad thing if we have past peak trust and safety.

Persons: kevin roose, you’ve, casey newton, casey newton Yes, I’ve, there’s, kevin roose I’m, Kevin Roose, ” casey newton, Casey Newton, Casey, Reddit, casey newton Right, roose, Steve Huffman, you’re, Kevin, It’s, They’re, casey newton Well, they’ve, we’re, Huffman, “, Redditors, We’ve, Everyone’s, we’ve, I’m, let’s, Sam Walton, Max, kevin roose Hey, kevin roose Oh, kevin roose Max Read, MrBeast, it’s, Jimmy Donaldson, He’s, Willy Wonka, he’s, somethings, haven’t, kevin roose We’ll, We’ll, kevin roose She’s, she’s, kevin roose MrBeast, Jeremiah, jeremiah howard, Jeremiah Howard who’s, Jimmy, Burger, You’re, Stefan Molyneux, PewDiePie, Paul, Let’s, Raman, kevin roose It’s, MrBeast financials, doesn’t, Logan Paul, they’re, Vincent Miller, Jon Hamm’s, Matthew Weiner’s, kevin roose Max, Will, Max Read, ” kevin roose, casey newton Max, Robert F Kennedy, COVID, Kennedy, Instagram, Connor Roy, Marjorie Taylor Greene, Robert F Kennedy Jr, Elon, Donald Trump, We’re, Jim Jordan, kevin roose Totally, Alex Jones, casey newton Totally, Kate Kalanick, Trump, Tucker Carlson, aren’t, — casey newton, hasn’t, Rachel Cohn, Jen Poyante, Caitlin Love, Alyssa Moxley, Dan Powell, Elisheba Ittoop, Marion Lozano, Sofia Lanman, Rowan Niemisto, Paula Szuchman, Tam, Nell Gallogly, Kate LoPresi, Jeffrey Miranda Organizations: The New York Times, Twitter, YouTube, Lamborghini, Netflix, Walmart, News, Producers, Meta, Instagram, COVID, Democratic, Washington Post, Apple, Republicans, Facebook, 4chan, Republican Party, Trump, Fox News, Stanford, Davis Locations: Hawaii, Reddit, Greenville , North Carolina, hysterics, New Jersey, New York, Greenville, North Carolina, Central, United States, Bay, San Francisco, Stanford

The recent crypto platform bankruptcies trapped customer assets now worth around $34 billion, according to Xclaim, which allows creditors to trade such claims. To protect themselves, institutional crypto investors are switching to exchanges that offer stronger asset protection, boosting due diligence on trading partners, and executing trades in smaller chunks, among other new risk management measures, according to executives and industry data. European crypto asset manager CoinShares ramped up its counterparty due diligence after losing 26 million pounds ($32.65 million) in the collapse of FTX. Financial regulators like the SEC say many crypto companies flout applicable rules, meaning risk management still lags the traditional financial sector. "This is inevitably risk we're all carrying in crypto - we have uncomfortable concentration risk on one large exchange called Binance," said Nickel's Crachilov.

Persons: Samed Bouaynaya, Coinbase, Altana, Binance, Anatoly Crachilov, Martin Lee, Nansen, Stephen Richardson, CoinShares ramped, cybersecurity, Jean, Marie Mognetti, Changpeng Zhao, Nickel's Crachilov, Wes Hansen, Hansen, Elizabeth Howcroft, Michelle Price, David Gregorio Our Organizations: Voyager, London, Coinbase, U.S . Securities, Exchange Commission, SEC, Asset Management, Arca, Thomson

☆ It’s a ‘Superhero Cape’ for the Wrist
▼ + stars: | 2023-06-15 | by ( Victoria Gomelsky | ) www.nytimes.com time to read: +2 min

WONG I totally hear you about the superhero cape. WONG I don’t know if I’d call myself a collector. I know collectors who have rooms of watches and they don’t know what they have. I’m going to come out and say I am a watch collector because I actually do put some thought into curating what I have. I experienced the best version of a watch meet-up on my very first one because it was a very diverse group.

Persons: WONG, Richard Mille, you’re, Suzanne, “, I’ve, Complecto Locations: New York

☆ After Saudi Arabia, Iran may be patching up with its oldest Arab foe
▼ + stars: | 2023-06-14 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +8 min

The feud became the longest between Iran and an Arab country in modern times. Khamenei’s recent comments come as Saudi Arabia normalizes ties with Iran after nearly eight years of a diplomatic freeze. Apart from Saudi Arabia and Iran, Egypt has reconciled with both Turkey and Qatar, and the Arab League last month welcomed Syria back as a member after more than a decade of isolation. Weight of historical symbolismAs the years passed by, Egypt and Iran only grew apart, with little desire to reconcile from either party. Most Arab states continue to reject recognition of Israel.

Persons: Princess Fawzia, Iran’s Crown Prince Mohammad Reza Pahlavi, Fawzia, King Farouk I –, –, Pahlavi, Ayatollah Ali Khamenei, Iran “, ”, Sultan Haitham Bin Tariq, Trita Parsi, ” Parsi, “, Abdel Fattah al, Oman's Sultan Haitham bin Tariq, Gamal Abdel Nasser, Shah, Anwar Sadat, King Farouk, Sadat, Khaled Islambouli, Hosni Mubarak, chargé d’affaires, Mubarak, Mohamed Mursi, Parsi, “ Israel, Abraham, Israel, won’t Organizations: CNN, Iran’s Crown, Iran’s, Media, Tehran, Carnegie Endowment, International Peace, Arab League, Quincy Institute, Oman News Agency, Reuters Analysts, Cairo Citadel, West, Israel, Abraham Accords Locations: Egypt, Iran, Tehran, Saudi Arabia, United States, ”, London, Cairo, Turkey, Qatar, Syria, West, Washington ,, Al, Rifa’I, Israel, Republic, Ater

☆ Private equity risks gorging on its secret sauce
▼ + stars: | 2023-06-14 | by ( Liam Proud | ) www.reuters.com time to read: +7 min

Investors prefer pedestrian but steady management fees over the lumpy share of fund profit that is the industry’s special sauce. Private equity firms with a public listing funnel some of the carry to employees and some to shareholders. TPG (TPG.O) last year went public with a similar strategy of paying around two-thirds of performance-related revenue to employees. Assuming the general idea is to keep overall earnings steady, then higher fee-based income for shareholders must be matched by lower cash compensation for employees. It suggests that for KKR, TPG and the rest, there is a limit to just how much of their own secret sauce employees can eat.

Persons: Steve Schwarzman, Carlyle, Blackstone’s, Schwarzman, Henry Kravis, George Roberts, EQT, Blackstone, Harvey Schwartz, Rowe Price, Thoma Bravo, Jeffrey Goldfarb, Sharon Lam, Oliver Taslic Organizations: Reuters, Blackstone, KKR, Apollo Global Management, JPMorgan, Reuters Graphics, TPG, Apollo, Reuters Graphics Reuters, Alpha, Bain Capital, Thoma, Ares Management, Thomson Locations: BlackRock

☆ Met Museum Trains ‘Monuments Men’ to Save Ukrainian Cultural Heritage
▼ + stars: | 2023-06-13 | by ( Zachary Small | ) www.nytimes.com time to read: +1 min

Twenty men and women in military fatigues huddled around a 19th-century painting of a fiery sunset at the Metropolitan Museum of Art on a recent Saturday afternoon. They leaned toward the vivid picture of the Ukrainian wilderness as their tour guide spoke. The program was announced three years ago but interrupted by Covid and bureaucratic hurdles. Blake Ruehrwein, an Air Force veteran who also runs education and outreach at the Naval War College Museum in Newport, R.I., was instructing a new unit learning the ropes from some of the world’s top art experts. “Take what you learn from here and apply it,” he told the officers attending the museum workshop in early June.

Persons: ” Alison Hokanson, “, Blake Ruehrwein, ” Organizations: Metropolitan Museum of Art, 353rd Civil Affairs Command, Men, Air Force, Naval War College Museum Locations: Staten, Newport, R.I

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 9, 2023. Wall Street futures were up, pointing to another session of gains after the S&P 500 rose for the fourth week in a row last week. "Obviously if we have a big negative surprise on inflation and inflation comes in much hotter than expected, that is going to challenge central banks and the Fed in its 'pause' strategy," he said. Money markets are pricing in around a 75% chance of the Fed keeping rates steady, and a 25% chance of a 25 basis points rate hike, according to the CME FedWatch tool. The European Central Bank is expected to raise rates by 25 basis points on Thursday.

Persons: Europe's, Samy Chaar, Lombard, Elizabeth Howcroft, Sharon Singleton, Chizu Organizations: REUTERS, U.S, CPI, Fed, U.S . Federal Reserve, European Central Bank, Wall, Nasdaq, Investors, Reserve Bank of Australia, Bank of Canada, Bank of Japan, People's Bank of China, Brent, . West Texas, Thomson Locations: Frankfurt, Germany, China, U.S, Europe, Hong Kong

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