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Persons: Dow Jones
New iPhone innovations ahead? The outlook for Apple's big event
  + stars: | 2023-09-12 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew iPhone innovations ahead? The outlook for Apple's big eventJoanna Stern, Wall Street Journal senior personal tech columnist, joins 'Squawk on the Street' to discuss Apple's big iPhone 15 event.
Persons: Joanna Stern Organizations: Wall Street
CNN —Long before he became a Supreme Court justice, Clarence Thomas told a story at a public gathering that still sounds shocking years later. Justice Clarence Thomas jokes with his clerks in his chambers at the Supreme Court building in Washington in 2016. AP“His entire judicial philosophy is at war with his own biography,” Michael Fletcher, co-author of “Supreme Discomfort: The Divided Soul of Clarence Thomas,”. “He’s arguably benefited from affirmative action every step of the way.”Thomas has admitted that he was accepted at Yale Law School under an affirmative action policy. Supreme Court Justice Clarence Thomas looks at the displays inside the Pin Point Heritage Museum.
Persons: CNN — Long, Clarence Thomas, Thomas, Ronald Reagan, ” Thomas, Diana Walker, Thomas ’, Emma Mae Martin, he’s, Harlan Crow, Crow, , Sen, Sheldon Whitehouse, Chip Somodevilla, “­ fawning, Reagan, John L, Nikki Merritt, Merritt, Colin Powell, Condoleezza Rice, Roe, Wade, ” Sen, Alyssa Pointer, Anita Hill’s, Uncle Tom, Thomas “, Juan Williams, , Armstrong Williams, ” Williams, Amul Thapar, Jonathan Ernst, ” Thomas ’, Thomas doesn’t, they’ve, Thurgood Marshall, ” Michael Fletcher, “ He’s, I’d, Critics, White, Malcolm X, Richard Burkhard, you’ve, pounced, “ Clarence Thomas, Black, ” Tori Otten, ” Otten, ” Juan Williams, Virginia “ Ginni ” Thomas, Trump’s, John Duricka, Williams, — Trump, Booker T, Washington, Marcus Garvey, Obama, ” “ We’ve, , “ It’s, “ Thomas, Steven Ferdman, Jim Crow, Frederick Douglass, ” Clarence Thomas, nodded, ” Merritt Organizations: CNN, White House, Commission, Texas Republican, Republican, National Bar Association, Democrat, Georgia Senate, Georgia State Capitol, NAACP, Supreme, National Museum of, Thomas Others, Reuters, Yale Law School, Catholic, College of, Cross, AP, Yale, Heritage Museum, Savannah Morning, USA, The, New, Morehouse College, Fox News Channel Studios, Reagan Administration, Bettmann Locations: Storm, Texas, New York, Washington, Memphis, Georgia, handouts, Atlanta, American, America, Cincinnati, Pin, Savannah , Georgia, New Republic, Wisconsin, Arizona, Virginia, Black, China, India, Brazil, New York City
Michelle Lujan Grisham's emergency order suspending the right to carry firearms in public in and around Albuquerque drew an immediate court challenge from a gun-rights group Saturday, as legal scholars and advocates said they expected. The governor, a Democrat, said the 30-day suspension, enacted as an emergency public health measure, would apply in most public places, from city sidewalks to parks. The top Republican in the New Mexico Senate, Greg Baca of Belen, also denounced Lujan Grisham’s order as an infringement on the gun rights of law-abiding citizens. Levinson said she was not aware of any other governor taking a step as restrictive as Lujan Grisham. “I don’t think it will be a political loss for (Lujan Grisham) to be overturned,” Levinson said.
Persons: Michelle Lujan, Foster Haines, Lujan Grisham, , Jessica Levinson, Sam Bregman, Albuquerque Mayor Tim Keller, Harold Medina, Bregman, Bernalillo County Sheriff John Allen, , ” Allen, ” Medina, Gilbert Gallegos, Levinson, ” Levinson, Dudley Brown, Greg Baca, Lujan Grisham’s, Dan Lewis, Gavin Newsom, Jacob Charles, ” Charles, ” ___ Ritter, Stern, Sonner, Rio, Morgan Lee, Terry Tang, Felicia Fonseca Organizations: New, New Mexico Gov, National Association for Gun Rights, Loyola Marymount’s Loyola Law School, Democratic, Saturday, Albuquerque Mayor, Police, Bernalillo County Sheriff, U.S . Department of Justice, Press, Republican, New Mexico Senate, Council, of Health, California Gov, Democrat, Pepperdine Caruso School of Law, Las Vegas, Associated Press, America Statehouse News Initiative, America Locations: New Mexico, Albuquerque, U.S, Los Angeles, Bernalillo County, Bernalillo, Taos County, , Colorado, Belen, Las, Reno , Nevada, Las Vegas, Santa Fe, , New Mexico, Phoenix, Flagstaff , Arizona
By Nick GuyEven if you don’t know it by name, you’re likely well acquainted with the Lightning charging cable if you’re an iPhone user. Chances are you’re used to it being frayed, stained and just overall falling apart, as Lightning cables have been around for 11 years. But you’re probably going to need more than just the one cable Apple will likely include in the box. Pick up a handful of Anker 643 USB-C to USB-C Cables now and be prepared to charge wherever, whenever. What to do with your old cablesIf you’ve ended up with a sizable collection of Lightning cables over the years, don’t just throw them in the trash.
Persons: Nick Guy, you’re, Joanna Stern, you’ll, Anker, I’ve, Lavender Grey, headturners, don’t Organizations: Lightning, Apple, Cables, Staples
This episode contains descriptions of severe injuries. Last week, a devastating fire swept through a derelict building in Johannesburg that housed desperate families with no place else to go. The authorities had been repeatedly warned that it was a potential firetrap. Nothing was done, and at least 76 people died. Lynsey Chutel, who covers southern Africa for The Times, explains how Johannesburg, once a symbol of the hope of post-apartheid South Africa, became an emblem of just how bad the country’s breakdown has become.
Persons: Lynsey Chutel Organizations: The Times Locations: Johannesburg, Africa
Technology stocks are likely overvalued after massive runups, according to Aswath Damodaran. "On a pricing basis, when you've [seen] as much of a run-up as you've had, you are more likely to be overvalued than undervalued," Damodaran told CNBC's "Closing Bell" on Thursday. "You don't get a 40% run-up on companies of this size without expecting some degree of overvaluation." As recently as January, some of the bigger players in the tech sector were skewed to an undervaluation, he said. As the end of the year approaches, the trend could shift, he said, even if investor sentiment remains strong more broadly.
Persons: Aswath, you've, Damodaran, CNBC's, wasn't Organizations: New York University Stern School of Business, Apple, Microsoft, Nvidia
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI's impact on revenues is based on theory at this point, says NYU's Aswath DamodaranAswath Damodaran, NYU Stern School of Business professor, joins 'Closing Bell' to discuss finding overvalued equities in mega caps, quantifying the impact of AI, and the market impact of interest rates.
Persons: NYU's, Damodaran Organizations: NYU Stern School of Business
Burning Man attendees are returning home and local businesses are having to manage leftover mess. Burning Man organizers did not immediately respond to questions from The Associated Press about how the rain will impact the cleanup timeline. Next month, teams made up of federal employees and Burning Man organizers will again conduct a site inspection. Nevada U.S. Rep. Mark Amodei, whose district includes the Black Rock Desert, said Burning Man is a positive event for the area. AdvertisementAdvertisementStill, Amodei said, Burning Man organizers have been good partners and have cleaned up after themselves in past years, as their event permit requires.
Persons: Eleonora Segreti, Jeffrey Longoria, San Francisco, Longoria, Scott Sonner, John Asselin, Asselin, Mark Amodei, Amodei, Cliff Osborne, Andy Barron, Osborne, Alexander Elmendorf, Sonner, Stern, Rio Yamat, Ken Ritter Organizations: Service, Rock City, Tahoe, Walmart, U.S . Bureau of Land Management, Burning, Associated Press, AP, BLM, Man, Sierra, Nevada U.S . Rep, America Statehouse News Initiative, America Locations: Wall, Silicon, Nev, Nevada, San Francisco, Reno , Nevada, Reno, Italy, Tacoma , Washington, Las Vegas
[1/5] Vincent Thomas Etienne, Evgeny Kovalevsky and Stanislav Berezkin, the three people rescued after sharks attacked a yacht off the Australian coast, pose for a photo in Vanua Levu Island, Fiji July 31, 2023. Satellite photos and a video on the AMSA website showed a large part of the stern of the yacht torn away. Rescue crews responded to an emergency positioning beacon registered to the Tion, a nine-metre inflatable catamaran on a round-the-world expedition, early on Wednesday morning. "The only thing is that the balloons of the inflatable catamaran were blown away." The crew continued the expedition on an inflatable catamaran by the same manufacturer that had been stored on the island for several years.
Persons: Vincent Thomas Etienne, Evgeny Kovalevsky, Stanislav Berezkin, AMSA, Anna Kosikhina, Kosikhina, Renju Jose, Wang Jiawei, Mahezabin Sayed, Alasdair Pal, Michael Perry Organizations: REUTERS, Rights, Australian Maritime Safety Authority, Thomson Locations: Vanua Levu, Fiji, Australia, Vanuatu, Cairns, Panama, Brisbane, Russia, Siberia, Chile, Easter, Sydney
Political Cartoons View All 1146 ImagesEleonora Segreti, who lives in central Italy and made her second visit this year to Burning Man, left the site early Tuesday. Burning Man organizers did not immediately respond to questions from The Associated Press about how the rain will impact the cleanup timeline. Last year, after the festival’s return following a two-year hiatus due to the pandemic, the Burning Man team narrowly passed its Oct. 7 inspection. Next month, teams made up of federal employees and Burning Man organizers will again conduct a site inspection. Nevada U.S. Rep. Mark Amodei, whose district includes Black Rock Desert, said Burning Man is a positive event for the area.
Persons: Eleonora Segreti, , Jeffrey Longoria, San Francisco, Longoria, , John Asselin, Asselin, Mark Amodei, Amodei, That’s, ” Amodei, Alexander Elmendorf, ___ Sonner, Stern, Rio Organizations: Rock City, Tahoe, Walmart, U.S . Bureau of Land Management, Burning, Associated Press, BLM, Man, Nevada U.S . Rep, America Statehouse News Initiative, America Locations: RENO, Nev, Nevada, San Francisco, Reno , Nevada, Reno, Italy, Black, Tacoma, Las Vegas
WeWork's lease liabilities accounted for more than two-thirds of its operating expenses for the second quarter of this year, Tolley said. As of June 30, WeWork had 777 locations in 39 countries. The shuttering of select WeWork locations isn’t new. The process to renegotiate so many leases could take months, if not longer, he said. WeWork’s plans to renegotiate most of its leases also arrive at a time when demand for office space is weak overall.
Persons: — WeWork, , WeWork, David Tolley, Tolley, ” Tolley, , Jonathan Adelsberg, Herrick, Feinstein, Sam Chandan, Chao, Chen, University’s, ” Chandan, David Putro, “ It's, ” Putro, WeWork’s, Chandan, Adam Neumann, It's Organizations: New, Real Estate Department, Chen Institute, Global Real Estate Finance, University’s Stern School of Business, Morningstar Credit, Major, D.C, Putro Locations: New York, Major U.S, San Francisco , New York, Chicago, Washington, San Francisco,
ATHENS (Reuters) - A 36-year-old man who tried to board a passenger ship as it sailed from Greece's Piraeus port on Tuesday drowned after being pushed back by crew members off the vessel's stern ramp, the country's shipping minister said on Wednesday. The incident has shocked the country. Video footage released on social media showed crew members arguing with the man on the stern ramp just as the ferry was leaving Piraeus for the island of Crete. Varvitsiotis said on social media platform X, formerly known as Twitter, that "there is no doubt that the crime was homicide". He added that four people have been detained over the incident, which is being investigated by a prosecutor.
Persons: Miltiadis Varvitsiotis, Varvitsiotis, Renee Maltezou, Alexandra Hudson Organizations: Crete . Shipping, Attica Group Locations: ATHENS, Greece's Piraeus, Piraeus, Crete
Coach of Spain’s Women’s Soccer Team Is Fired
  + stars: | 2023-09-05 | by ( Rachel Chaundler | ) www.nytimes.com   time to read: +1 min
Players have said they would not take the field for the national team unless changes were made on a managerial level. Last year, 15 star Spanish players staged a protest, refusing to play on the national team unless Mr. Vilda was fired. That rebellion drew a stern rebuke from the Spanish soccer federation, which backed Mr. Vilda. Mr. Rubiales backed Mr. Vilda at the time. In an interview with the Spanish newspaper El País in October 2022, Mr. Rubiales connected the success of the women’s team to Mr. Vilda’s coaching skills and dismissed the accusations of ill treatment.
Persons: Rubiales, Vilda, Spain’s, Jennifer Hermoso Organizations: FIFA, El País, Spain, England Locations: Spanish, Sydney, Australia
CNN —Novak Djokovic booked his spot in the US Open semifinals with an emphatic victory over American Taylor Fritz on Tuesday. Victory ensured that Djokovic’s hopes of winning a 24th grand slam title remain alive, as he seeks to equal Margaret Court’s outright record and extend his own men’s record. I thrive on that energy, whatever the energy is, use it as a fuel to try and play my best tennis,” Djokovic added. Fritz, who is enjoying his best run at his home grand slam, continued to grow into the game and gave Djokovic a stern test in the third set. The American earned multiple break points against the 36-year-old, but Djokovic continued to produce in the most important moments to stay ahead.
Persons: CNN — Novak Djokovic, Taylor Fritz, Fritz, Djokovic’s, Margaret Court’s, Frances Tiafoe, Ben Shelton, Djokovic, , Taylor, ” Djokovic, Arthur Ashe, Robert Deutsch, Carlos Alcaraz, ” Fritz Organizations: CNN, Boys, Cincinnati, partizan Locations: USA, United States, New York
A Times investigation found that U.S. passenger planes come dangerously close to crashing into each other far more frequently than the public knows. Sydney Ember, an economics reporter for The Times, explains why an aviation system known for its safety is producing such a steady stream of close calls.
Persons: Sydney Ember Organizations: The Times
But I’m one of the lucky ones, because I’m still here. The dark descent into the nefarious underworld of heroin addiction is well documented, but the challenging and deeply personal world of recovery and hope is rarely seen. Part of the motivation for making this film came from a need to understand what dictates one’s chances of sobriety. Authentic and meaningful connection — with oneself, with others and with something outside of oneself. I’m still working on that last one, but I think I got somewhere close to it while making this film.
Persons: I’ve, I’m
Arizona’s Pipe Dream
  + stars: | 2023-09-01 | by ( Sabrina Tavernise | Michael Simon Johnson | Will Reid | ) www.nytimes.com   time to read: 1 min
A Times investigation revealed that in much of the United States, communities and farms are pumping out groundwater at alarming rates. Aquifers are shrinking nationwide, threatening supplies of drinking water and the country’s status as a food superpower. Christopher Flavelle, who covers climate adaptation for The Times, went to Arizona, the state at the forefront of the crisis, and looked at one especially controversial idea to address it: desalination.
Persons: Christopher Flavelle Organizations: Times, The Times Locations: United States, Arizona
With an EV, I Had to Learn to Drive All Over Again
  + stars: | 2023-08-31 | by ( Joanna Stern | ) www.wsj.com   time to read: 1 min
Look, when you drive an electric car, you have to toss out what you know about gas guzzlers. Beyond the bonkers acceleration and quiet-as-a-librarian ride, you have to tackle new complexities like how to tell if the car is…on. Get good and you might even master the art of driving one-pedal without puking.
If completed, they would be the first arsenal ships ever built and would mark another accomplishment for South Korea's burgeoning defense industry. AdvertisementAdvertisementThe arsenal shipAn illustration of a possible arsenal ship published in the US Navy's All Hands magazine in May 1995. South Korean interestA North Korean Hwasong ICBM in March 2022. Given the number and types of missiles South Korea's arsenal ships would carry, they could be involved in all three axes — all while staying mobile. AdvertisementAdvertisementHanwha Ocean's arsenal shipFew details about South Korea's arsenal ship program have been released.
Persons: Shoup, Neil Mabini, Haeseong Organizations: South, North, Service, International Maritime Defense Industry, South Korean, South Korea's Ministry of National Defense, US Navy, US, Russian Navy, Navy, RIM, MGM, Tactical Missile System, Air Force, Getty, Korea Air and Missile Defense, Korean, Daewoo Shipbuilding, Marine Engineering, Naval News, South Korea Defense Ministry, NUR Locations: North Korean, Wall, Silicon, South Korean, Busan, Soviet Union, Korean, Korea, Seoul, South Korea
Ron DeSantis’s Illiberal Education
  + stars: | 2023-08-30 | by ( William A. Galston | ) www.wsj.com   time to read: +1 min
William A. Galston writes the weekly Politics & Ideas column in the Wall Street Journal. He holds the Ezra K. Zilkha Chair in the Brookings Institution’s Governance Studies Program, where he serves as a senior fellow. A participant in six presidential campaigns, he served from 1993 to 1995 as Deputy Assistant to President Clinton for Domestic Policy. Mr. Galston is the author of 10 books and more than 100 articles in the fields of political theory, public policy, and American politics. A winner of the American Political Science Association’s Hubert H. Humphrey Award, he was elected a Fellow of the American Academy of Arts and Sciences in 2004.
Persons: William A, Galston, Ezra K, Saul Stern, Dean, Clinton, Association’s Hubert H, Humphrey Organizations: Street, Zilkha, Brookings Institution’s, Brookings, School of Public Policy, University of Maryland, Institute for Philosophy, Center for Information, Research, Civic, National Commission, Domestic, Liberal Pluralism, Public, Rowman & Littlefield, Liberal Democracy, Yale, American, American Academy of Arts and Sciences Locations: Brookings
Across the country AI chatbots are now taking fast-food drive-thru orders. WSJ’s Joanna Stern put the tech through a series of tests at a Hardee’s—including blasting dog barking sounds and asking some crazy questions. Generative artificial intelligence has captivated marketers’ attention by promising to help them conduct research and produce campaigns more efficiently. But it is also poised to further complicate some of their most thankless tasks, such as ensuring that their ads run only near content they want and that their digital marketing materials stay on-brand.
Persons: WSJ’s Joanna Stern
The mayor of New York City aims to turn old office buildings into 20,000 new apartments. The Manhattan-based architect John Cetra, who has worked on office conversions since the 1980s, calls it "the amenity war." His firm, CetraRuddy, recently announced it's leading the conversion of a 30-story office building, formerly home to Goldman Sachs, in Manhattan's financial district. Adams' goal is to create up to 20,000 new homes for 40,000 New Yorkers in converted office buildings over the next decade. AdvertisementAdvertisementNew York City has already had some success in converting office buildings to homes.
Persons: you'll, they've, everyone's, Steven Paynter, we've, John Cetra, it's, Goldman Sachs, Cetra, Eric Adams, Paynter, He's, who's, Adams, We've, Dan Garodnick, Mark Hogan, Hogan, Charles Bloszies, I've, that's, Bloszies, Garodnick, Arpit Gupta Organizations: Service, CetraRuddy, York, US Department of Housing, Urban Development, Yorkers, New York City's Department of City Planning, San Francisco, Supervisors, New York Stock Exchange, NYU Stern School of Business, Research Locations: New York City, Wall, Silicon, York, San Francisco, Manhattan, Toronto, Calgary , Alberta, York City, Francisco, New York
And rich Chinese people are leaning in, ditching "logo hunting" in favor of elegance, experts say. In a similar vein to the US and Europe – the "quiet luxury" aesthetic has emerged as a reaction to the economic climate. Chinese social media's got quiet luxury down to a sciencePeople have posted tutorials and photos on the “laoqian” style on China’s Pinterest-like site, Xiaohongshu. XiaohongshuTo be sure, there's being rich and looking rich, and the latter is where it's at on Chinese social media. WeiboSome influencers have also uploaded video tutorials on the "laoqian" style, to guide people on how best to dress for success.
Persons: that's, Dior, Gucci, Louis, Rich, Tom Wambsgan, Chukrut, you've, Javier Gonzalez Lastra, it's, Xi Jinping's, Milton Pedraza, Pedraza, media's, you'll, Richemont, Louis Vuittons, Thomaï Serdari, Joe, they're Organizations: Service, Bain, Co's, Burberry, Louis Vuitton, Getty, West, Ivy League, China Morning Post, Crazy, Luxury Institute, Twitter, NYU's Stern School of Business Locations: China, Wall, Silicon, America, bucketloads, Shanghai, Europe, Tema, Nanjing, Nikada, Beijing, Weibo
"We will proceed carefully as we decide whether to tighten further or, instead, to hold the policy rate constant and await further data," Powell said in a keynote address to the Jackson Hole Economic Policy Symposium. "It is the Fed’s job to bring inflation down to our 2% goal, and we will do so. The Fed has raised rates by 5.25 percentage points since March 2022, and inflation by the Fed's preferred gauge has moved down to 3.3% from its peak of 7% last summer. Although the decline was a "welcome development," Powell said, inflation "remains too high." Fed policymakers will also meet in November and December.
Persons: JACKSON, Jerome Powell, Powell, Jackson, Elizabeth Frantz, “ Powell, Michael Arone, Loretta Mester, Austan Goolsbee, Howard Schneider, Ann Saphir, Michael S, Lewis Krauskopf, Andrea Ricci Organizations: Federal, Federal Reserve Bank of Kansas City, Federal Reserve, Committee, REUTERS, Fed, State Street Global Advisors, Cleveland Fed, Chicago Fed, Derby, Thomson Locations: , Wyoming, U.S, Washington , U.S
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