DIRS.INFO The most relevant business & tech news

☆ Ray Dalio once interrogated his pregnant protégé in front of his top execs until she cried
▼ + stars: | 2023-11-06 | by ( Rob Copeland | ) www.businessinsider.com time to read: +11 min

She was one of Ray Dalio's favorites. Dalio announced to the room that he would first "probe" and then deliver what he called a "diagnosis." The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend by Rob Copeland. Excerpted from THE FUND: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend by Rob Copeland. He then became an investigative reporter at a prominent newspaper and made a career of writing distorted stories about Bridgewater and Ray Dalio, at first in articles and now in this book.

Persons: Ray Dalio's, Katina Stefanova, mentee, Dalio, Stefanova, wasn't, lackeys, Bridgewater, hadn't, Who, Dalio's leveragers, Ray Dalio, Rob Copeland, Ray, Dustin Hoffman's Oscar Organizations: Bridgewater Associates, Bridgewater, Transparency, Martin's, Martin's Publishing, New York Times, Wall Street Journal Locations: Bridgewater, Bridgewater's Westport, Conn, St

☆ Gen Z is forcing a workplace reckoning that should have happened years ago
▼ + stars: | 2023-11-05 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

Gen Z, on the heels of the pandemic, is pushing for changes to how we work. Workers across generations are benefitting from some of the questions Gen Z has been asking. AdvertisementAdvertisementThanks, Gen Z. Gen Zers aren't likely to get everything they're asking for — at least not right away. And even workplace jargon — that code for showing you belong because you know how to toss it around — is getting a Gen Z rewrite .

Persons: Gen Z, —, Zers aren't, Pradeep Philip, Philip, That's, Nicole Kyle, Zers, Brynn Anderson, who've, Alex Soojung, Kim Pang, Pang, we've, Read, Zer, Gen Organizations: Workers, Service, Deloitte, Economics, CMP Research, United Auto Workers, Detroit, UPS, Associated Press, UAW, didn't Locations: America

☆ Three hours to guilty: How the government nailed Sam Bankman-Fried
▼ + stars: | 2023-11-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +9 min

David Dee Delgado | ReutersIn Sam Bankman-Fried's fraud trial, prosecutors won quickly by keeping it simple. "While the cryptocurrency industry might be new and the players like Sam Bankman-Fried might be new, this kind of corruption is as old as time," Williams said. Sam Bankman-Fried's parents, seated to the left, react to the verdict. "Sam Bankman-Fried will be remembered as one of the biggest fraudsters of our lifetimes," Mariotti said. WATCH: Sam Bankman-Fried found guilty on all seven counts

Persons: Sam Bankman, David Dee Delgado, CNBC they'd, Yesha Yadav, Fried, Nicolas Roos, Danielle Sassoon, Crypto, Roos, Sassoon, Marc, Antoine Julliard, Renato Mariotti, who's, Bryan Cave Leighton Paisner, Damian Williams, Williams, Andrew Ross Sorkin, Sorkin, that's, It's, SBF, Mariotti, Paul Tuchmann, Wiggin, Dana, Tuchmann, Elizabeth Williams, Caroline Ellison, Bankman, Ellison, James Koutoulas, Koutoulas, Gary Wang, Nishad Singh, FTX coder Adam Yedidia, FTX's, Sun, Kevin J, O'Brien, Mark Cohen Organizations: FTX, Manhattan, Reuters, CNBC, Vanderbilt University ., U.S . Justice Department's Securities, Commodities, Southern, of, Prosecutors, Stanford, Alameda Research, New York Times DealBook, Washington , D.C, U.S, Justice Department, Trading Commission, Securities and Exchange Commission Locations: New York City, London, Chicago, U.S, of New York, Alameda, Washington ,, Bankman, New York

Here are the meanings of the 10 hardest words that have also been used in New York Times articles. Working with future Confederate Gen. Edward Porter Alexander, Myer developed the Army’s “wigwag” flag system. (June 24, 2019)10. atilt — askew:Think compression tops patterned à la one-shouldered tanks and sweatpants chopped up and wrapped into lappa-like long shorts. And the star of the Liberian flag strategically placed throughout, though slightly atilt, as though being blown sideways in a sprinter’s wake. — Clean Energy, Cherished Waters and a Sacred California Rock Caught in the Middle (Oct. 24, 2023)The list of the week’s easiest words:

Persons: callaloo, bok choy, Rose Nzada, Ned Rorem, wigwag —, Edward Porter Alexander, Myer, libidinal, efflorescence, John Turturro, venule, —, tailcoat, They’re, cloaca, atilt — askew, — Telfar Clemens, Waters Organizations: New York Times, Community, Confederate, Liberian, Clean Energy Locations: New, West, Cameroon, Bronx, Central, Northern, Southern California, Gaviota, California

☆ Starbursts, smuggled coffee and Martin Shkreli: How CNBC reported the Sam Bankman-Fried trial
▼ + stars: | 2023-11-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +13 min

Artist: Elizabeth WilliamsJust before 8 p.m. on Thursday, 12 jurors found Sam Bankman-Fried guilty of all seven counts against him. (CNBC put out a note requesting access ahead of the trial — an email which was ultimately ignored.) Every exit to file a report included another breakneck trip through security, in a sort of run, rinse, repeat cycle — security, courtroom, exit, photographer's car to file, back up through security, over and over again. CNBC correspondent MacKenzie Sigalos reporting on the Sam Bankman-Fried trial from outside the SDNY courthouse at 500 Pearl Street in downtown Manhattan. Around 8:02 p.m., Bankman-Fried, speechless, began to walk to a room just adjacent to the main court.

Persons: Sam Bankman, Elizabeth Williams, Fried, MacKenzie Sigalos, Dan Mangan, Martin Shkreli, Andrew Ross Sorkin, Michael Lewis, Lewis, Indiana Jones, Ben McKenzie, McKenzie, Damian Williams, They'd, Danielle Sassoon, Jane Rosenberg, Joe Bankman, Barbara Fried, Joseph Bankman, Brendan Mcdermid, gaunt, Kaplan, Bankman, Mark Cohen, Judge Kaplan, blankly, Christian Everdell, Cohen Organizations: Alameda Research, Southern, of, CNBC, Auburn University totebag, Capitalism, U.S, Federal Court Locations: of New York, San Francisco, Vegas, Georgia, Manhattan, Indiana, New York City, U.S

Gene Sperling, the White House liaison for the strike talks, was in daily contact with executives at the UAW and the three automakers. By that point, there was enough trust that the misunderstanding did little from the White House perspective to hurt the relationship. The UAW president declined to endorse the president who had engaged in the historic outreach. So as I said we’ll do that when it’s time.”Still, the White House saw itself as building trust with the UAW as the talks progressed. As soon as a tentative agreement was in place, Barra told the gathered negotiators that she needed to text the White House.

Persons: Joe Biden, Shawn Fain, Biden, Fain, Gene Sperling, Sperling, We’re, Donald Trump, “ I’m, ” Biden, ”, Julie Su, Su, umbrage, “, ” Fain, “ We’ll, Ford, Stellantis, Mary Barra, Barra, Tom Krisher Organizations: WASHINGTON, United Auto Workers, General Motors, UAW, GM, Ford, Chrysler, Democratic, White, Democratic White Houses, Associated Press, Democrats, AP VoteCast, Republican, Labor, Biden, AP Locations: Delaware, Michigan, Pennsylvania, Wisconsin, Detroit

☆ Why fashion is so important in Sofia Coppola’s ‘Priscilla’
▼ + stars: | 2023-11-03 | by ( Manav Tanneeru | Leah Dolan | ) edition.cnn.com time to read: +8 min

Another historical anchor for Battat was the hot pink collared dress worn by Priscilla after giving birth to Lisa Marie. Sabrina Lantos/Courtesy A24Dress is one of the first ways we see the cracks in Priscilla and Elvis’ relationship, too. Sabrina Lantos/Courtesy A24Battat then found a pink dress similar to one worn in an archival photo taken of the actor. Priscilla, in a pink dress and sitting cross-legged on the sofa, pores over the magazine, dressed as an imitation of the other woman. “No one will know that’s Ann-Margret’s pink dress,” said Battat.

Persons: Kim, Kanye, Priscilla, Elvis Presley, Priscilla ’, Elvis, Lisa Marie, Sabrina Lantos, Stacey Battat, Sofia Coppola’s, Priscilla ”, Jacob Elordi, Cailee Spaeny, “, ”, Priscilla herself, Battat, Coppola, Chanel, Philippe Le Sourd, Elvis ’, Valentino —, Valentino, “ He’s, —, “ Elvis, ” Coppola, she’s, Coppola —, Lux Lisbon, sexless nightgown, Marie Antoinette ”, Spaeny, “ Cailee, ‘, Ann, Margret, ’, dalliances, that’s Ann Organizations: CNN, Vegas, Battat, Lux Locations: Bad Nauheim, Germany, Los Angeles, Priscilla, Graceland, Austrian, France, Versailles, Las Vegas

☆ The 5 most memorable moments from the Sam Bankman-Fried trial
▼ + stars: | 2023-11-03 | by ( Jordan Valinsky | Allison Morrow | ) edition.cnn.com time to read: +5 min

New York CNN —Sam Bankman-Fried was found guilty Thursday following a monthlong trial that was almost as wild as the rapid rise and fall of cryptocurrency exchange FTX itself. He was found guilty of stealing billions of dollars from accounts belonging to customers of FTX. During the trial, Bankman-Fried took the unusual – and risky – decision to testify in his own defense. “I was kind of busy and lazy and didn’t bother getting a haircut for long periods of time,” Bankman-Fried said. “No offense to the Kansas City Royals, but we didn’t want to be known as the Kansas City Royals of crypto exchanges,” SBF testified.

Persons: Sam Bankman, Fried, Bernie Madoff’s, Caroline Ellison, SBF’s, Mark Cohen, ” Cohen, “, ”, Cohen, SBF, Ellison, ” SBF, Lewis Kaplan, Kaplan interjected, Bankman, Danielle Sassoon, …, Sassoon, ’ Organizations: New, New York CNN, Alameda Research, Miami Heat, American Airlines, FTX, New Orleans Saints, Kansas City Chiefs, Kansas City Royals, Kaseya, PR, Alameda Locations: New York, FTX, Bahamas, United States, Kansas City, Bankman, China, Alameda

Nov 3 (Reuters) - FTX founder Sam Bankman-Fried was convicted on Thursday of orchestrating a multibillion dollar fraud on the cryptocurrency exchange's customers. U.S. District Judge Lewis Kaplan set Bankman-Fried's sentencing for March 28, 2024. In denying Bankman-Fried's release from jail to prepare for trial, Kaplan said he could potentially face a "very long sentence." Circuit Court of Appeals to review his conviction, as well as rulings against him before and during the trial. His lawyer Mark Cohen said following Bankman-Fried's conviction that his client would continue to "vigorously fight the charges."

Persons: Sam Bankman, Fried, District Judge Lewis Kaplan, Kaplan, Amanda Perobelli, Will, Mark Cohen, Will Bankman, FTX, Jody Godoy, Luc Cohen, Noeleen Walder, Daniel Wallis Organizations: U.S, District, U.S . Former FTX, REUTERS, Circuit, Detention, Thomson Locations: Manhattan, New York City, U.S, Brooklyn's, FTX, New York

Garrett kept a low profile for the next four years until he announced last November that he would run for the Virginia House of Delegates. Garrett, who denies the accusations, is among four candidates for state legislative seats in Virginia this year who have been accused of physical violence against women — two during divorce proceedings, one in a pending criminal case and one in criminal cases decades ago that ended with charges being dismissed. Political Cartoons View All 1233 Images“Domestic and sexual violence is not blue, and it's not red," she said. Chuck Felmlee, Fariss' attorney, said that Fariss did not intend to hit the woman but that she bumped into the SUV and fell down. The House Republican caucus is supporting GOP nominee Eric Zehr in the deep red district.

Persons: Tom Garrett, Garrett, Flanna Sheridan Garrett, —, Lisa Sales, “, Stephen Farnsworth, University of Mary Washington, Trump, Farnsworth, Clinton Jenkins, Emily Brewer, Jenkins, Brewer, “ Emily Brewer's, ”, Republican Del, Matt Fariss, Fariss, Chuck Felmlee, Felmlee, he’s, Eric Zehr, Sen, Joe Morrissey, Morrissey, Challenger Lashrecse Aird, ” Jason Seiden, Flanna, Tom Garrett’s, ” Garrett, Christopher Smith Organizations: — Republican U.S . Rep, Virginia, Senate, National Organization for Women, Democrats, Republicans, University of Mary, GOP, Republican, Democratic, News, Politico Locations: RICHMOND, Va, Virginia, Tuesday's, Hampton Roads, Southside Virginia, ”, Lynchburg

☆ Sam Bankman-Fried tried to pin his fraud scheme on his closest friends. Then they turned on him for it.
▼ + stars: | 2023-11-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +12 min

A jury found Sam Bankman-Fried guilty in his fraud trial over the collapse of FTX. One by one, his friends flipped to work with the prosecution and threw Bankman-Fried under a much bigger bus. That's how a jury found him guilty of seven counts in his federal fraud trial in downtown Manhattan on Thursday evening. AdvertisementAdvertisementSingh, for example, testified he was "blindsided and horrified" when he found out in November that Alameda had used FTX customer money. The sentencing schedule may depend on a second criminal trial Bankman-Fried faces for alleged illegal campaign contributions.

Persons: Sam Bankman, Fried, SBF, —, FTX, –, Nicolas Roos, Jim Angel, Angel, Caroline Ellison, Gary Wang, Nishad Singh, Bankman, Singh, blindsided, Ellison, Sam, Eduardo Munoz Alvarez, Wang, Singh —, Mark Cohen, Cohen, who'd, Adam Yedidia, Sun, deflating, they're, Chelsea Jia Feng, Danielle Sassoon, Roos Organizations: Service, Prosecutors, MIT, Georgetown, Financial Markets, Alameda, Bankman Locations: FTX, Alameda, Manhattan, Bankman

☆ Stellantis to give big raises, invest billions in UAW deal
▼ + stars: | 2023-11-02 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

Stellantis declined to comment, saying it would wait for workers to vote first before discussing the deal. Stellantis will also offer $50,000 buyouts in 2024 and 2026 to UAW production workers, allowing it to cut costs by hiring fresh workers who start at lower wages. The UAW said the Stellantis investment commitments total about $19 billion, but that includes some previously announced plans. Stellantis has slightly longer than rival Ford to convert current temporary workers to permanent employees. That is on top of the $5,000 bonus hourly workers will get on ratification along with an 11% immediate pay hike.

Persons: Shawn Fain, Joe Biden, Stellantis, Ford, David Shepardson, Paul Lienert, Chris Reese, Diane Craft, Jamie Freed Organizations: United Auto Workers, UAW, Chrysler, U.S, Ford, Toledo Jeep, EV, Dodge, Jeep, General Motors, Thomson Locations: Belleville, Wayne County , Michigan, U.S, Illinois, Belvidere , Illinois, Belvidere, Toledo, Michigan, Detroit, Dodge Durango, North America, Washington

☆ Verdict reached in Sam Bankman-Fried fraud trial
▼ + stars: | 2023-11-02 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —Sam Bankman-Fried was found guilty on Thursday for his role in the collapse of crypto exchange FTX. Bankman-Fried looked sunken as the verdict was read out. Bankman-Fried was found guilty of stealing billions of dollars from accounts belonging to customers of his once-high-flying crypto exchange FTX. During his trial, Bankman-Fried said he learned in 2020 that FTX customer funds were held by Alameda but he did not take action to safeguard them. But, unlike bank customers, FTX depositors had no federal insurance fund to compensate them when the cash dried up.

Persons: Sam Bankman, Fried, Joe Bankman, Barbara Fried, Bernie Madoff’s, FTX, Tom Brady, Gisele Bundchen, Gary Wang, Nishad Singh, Wang, Singh Organizations: New, New York CNN, Alameda Research, Bankman, Miami, Chief Locations: New York, Alameda, FTX, Bahamas

☆ The biggest winners — and losers — in the coming AI job apocalypse
▼ + stars: | 2023-11-01 | by ( Emil Skandul | ) www.businessinsider.com time to read: +10 min

In fact, as other long-term trends take hold, many of these working-class roles are poised for a job explosion. While manufacturing jobs as a whole are expected to stay flat, spending in this industry has boomed to $200 billion each year, tripling in the past five years. "What characterizes the physical labor jobs that are safe for the next five or 10 years are things that are in an unpredictable physical environment," Kweilin Ellingrud, a McKinsey Global Institute director, told me. Instead of replacing these jobs, AI will likely benefit specific roles by making it easier to do the most routine parts of the job. He added: "There are these jobs that are in a middle ground where the physical work may remain but the supervision might be more exposed."

Persons: plumbers, Philip Levine, there's, Mark Muro, barometers, OpenAI, Ellingrud, Muro, Emil Skandul, Tony Blair Organizations: Ford, US Bureau of Labor Statistics, Brookings Institution, Accenture, Bureau of Labor Statistics, McKinsey, McKinsey Global Institute, Research, Tony Blair Institute Locations: American, America

Lewis and executive producer Hunter Arnold tell The Associated Press that the jukebox musical “The Heart of Rock & Roll” — constructed from Lewis' songs — will play the James Earl Jones Theatre starting March 2024, capping more than 10 years of gestation. And it has a lot of heart and it’s about love, basically,” Lewis said. “People ask me, ’What’s it about, ”The Heart of Rock & Roll”? They won a Grammy Award, for best music video for “The Heart if Rock ‘n’ Roll,” and “The Power of Love” was nominated for an Academy Award. “It’s wonderfully demanding and wonderfully rewarding, and we’re just happy to have a shot at it.”___Mark Kennedy is at http://twitter.com/KennedyTwits

Persons: — Huey Lewis, Lewis, Hunter Arnold, James Earl Jones, It’s, ” Lewis, “, it’s, ”, Brian Usifer, Jonathan A, Abrams, Hunter, Tyler Mitchell, Kayla Greenspan, There's, Arnold, ” Huey Lewis, —, “ Chicago ”, Billy Flynn, we’re, ” ___ Mark Kennedy Organizations: The News, Associated Press, James Earl Jones Theatre, Globe, “ Sports, Broadway Locations: “ Chicago

☆ Elon Musk is coming to the UK's big AI safety party. Some people actually building AI say they got frozen out.
▼ + stars: | 2023-11-01 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

The UK's AI summit is underway. Some AI experts and startups say they've been frozen out in favor of bigger tech companies. They warn that the "closed door" event risks ensuring that AI is dominated by select companies. The UK's AI summit aims to bring together AI experts, tech bosses, and world leaders to discuss the risks of AI and find ways to regulate the new technology. "It is far from certain whether the AI summit will have any lasting impact," Ekaterina Almasque, a general partner at European venture capital firm OpenOcean, which invests in AI, told Insider.

Persons: Elon Musk, Sam Altman, —, OpenAI's Sam Altman, Brad Smith, Kamala Harris, Iris Ai, Victor Botev, Yann LeCun, Rishi Sunak, Ekaterina Almasque, Almasque, Goldman Sachs Organizations: Service, OpenAI's, Microsoft, Twitter, UK, Big Tech, UK government's Department for Science, Innovation, Technology, UK's Trades Union Congress, American Federation of Labor, Industrial Organizations, Summit Locations: OpenOcean

☆ House Speaker Mike Johnson Is Not a Serious Person - The New York Times
▼ + stars: | 2023-11-01 | by ( David Firestone | ) www.nytimes.com time to read: +5 min

But then he imposed a condition on the Israel money: Mr. Biden must agree to cut the same amount out of the money the Internal Revenue Service uses to chase down high-income tax cheats. Earlier this year, Republicans forced Mr. Biden to cut $20 billion from the I.R.S. cut isn’t really going to happen, as House Republicans know, because Mr. Johnson’s bill will die in the Senate, where many leading Republicans already oppose it. cut, he gets to show the same extremists who deposed his predecessor that he can play rough with the White House. If Mr. Johnson has substantive objections to helping Ukraine and Israel that justify the legislative impediments he is constructing, he should state what they are.

Persons: Mike Johnson, Johnson’s, he’s, Biden, Mr, Mitch McConnell, Lindsey Graham of, ” Mr, Graham, “, Mitt Romney, Joe Wilson of, He’s, Ritchie Torres, Axios, Johnson, Thomas Friedman Organizations: Republican House, Internal Revenue Service, Israel, Republican, Republicans, Treasury, Congressional Budget, National Bureau of Economic Research, Senate, Ukraine, Hamas, White, Democrats, Democrat, West Bank, Palestinian Authority Locations: Ukraine, Israel, Taiwan, U.S, Nottingham, Lindsey Graham of South Carolina, Moscow, Utah, Joe Wilson of South Carolina, New York, Gaza, West

☆ Walmart is at work on a new degree-free message about getting hired at its corporate headquarters
▼ + stars: | 2023-11-01 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

"In prior years, people would pursue a cybersecurity college degree," Stomski said. At the same time, Wildavsky stressed that being dismissive about the value of a college degree is a mistake. "This is not about getting rid of college degrees," Stomski said, and she added that many of Walmart's corporate jobs will still require them. Examples of Walmart corporate roles that will not require college degrees including positions in operations and merchandising, but Stomski declined to be more specific. In August 2022, Walmart began eliminating around 200 corporate jobs as part of a restructuring effort amid a more challenging economic environment.

Persons: Terra, Stomski, We're, Lorraine Stomski, Julie Gehrki, Ben Wildavsky, Wildavsky, it's, —, OpenAI, We've, Colleen Ammerman, Walmart's Organizations: Walmart, Walmart Inc, Terra Fondriest, Bloomberg, Getty, Target, Southern New Hampshire University, University of Arizona, University of Denver, Google, IBM, Tesla, GM, Accenture, University of Virginia, College, Marines, LinkedIn, Harvard Business School Locations: Bentonville , Arkansas, workforces, U.S, Minnesota

☆ BlackRock is jumping into one of the hottest sectors on Wall Street
▼ + stars: | 2023-11-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

This post originally appeared in the Insider Today newsletter. In today's big story, we're looking at a Wall Street giant jumping into one of the hottest sectors in finance. Similarly, a Google Brain cofounder said Big Tech companies are lying about AI risks to shut down competition. It's the latest example of how Big Tech can wreak havoc on smaller players overnight. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.

Persons: —, Julia Nikhinson, Arantza Pena Popo, BlackRock, Larry Fink, Insider's Rebecca Ungarino, Rebecca, It's, Blackstone, BlackRock's Larry Fink, Spencer Platt, Aaron Schwartz, that's, Charlie Munger isn't, Warren Buffett's, it's, Tyler Le, Ksenia Yudina, Gen Z's, Gen, Vegas Wendy Lee, Wendy Lee, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Street, KKR, Getty, Greenwich Economic, Xinhua, Federal Reserve, Big Tech, Market, Sin City Locations: Greenwich, Vegas, Las Vegas, Sin, New York City, San Diego, London, New York

☆ Gen Z is lonely. Going back to the office may be the cure for some.
▼ + stars: | 2023-10-31 | by ( Aaron Mok | Lakshmi Varanasi | ) www.businessinsider.com time to read: +12 min

The solitude of remote work seemed to particularly hit Gen Z workers — who began their careers as workplaces went from in-person to virtual — hard. With companies asking — and in some cases mandating — their employees return to the office, Gen Z workers who are going in regularly have said they have a renewed sense of confidence in their jobs. Since Fitchett's employer started mandating employees go to the office, Fitchett said he finally feels a sense of ease at his job. Don't expect a full-scale return to the office quite yetThere's more that goes into a worker's preferences than loneliness, and Gen Z workers are mixed about returning to the office full time. For her — and many other Gen Z workers — the solution may come in some form of flexibility.

Persons: Ben Fitchett didn't, Fitchett, Ben Fitchett, Ben Fitchett Young, Aaron Terrazas, —, Cigna, Hubert Palan, Z, Covid —, Palan, Vivek Murthy, it's, Mansoor Soomro, Soomro, Gen, Juanita Garcia, Garcia, who've, Zers, Anita Pan —, Anita Pan, Pan, Ricky Yean, Zers —, Yean, Bianca Wu, Bianca Wu Bianca Wu, Wu, wouldn't Organizations: Company, Teesside University, Starbucks, Flow, Dell Locations: New Zealand, Los Angeles, New York, Washington , DC, Bay

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. The GM workers will return to work after an official announcement of the deal, two sources said. Ford shares fell 2% while Stellantis shares were down 1.5% in Milan. Excluding Monday's share moves, GM and Ford shares have lost roughly a fifth of their value since the strike began while Stellantis shares have fallen 1%. "The Street is glad to have this UAW nightmare in the rear view mirror with a less onerous deal than originally feared for the Detroit Big 3," Wedbush analyst Daniel Ives said.

Persons: Rebecca Cook, Stellantis, Patrick Anderson, Shawn Fain, Fain, Joe Biden, Biden, Tesla, Ford, Erik Gordon, Daniel Ives, David Shepardson, Joseph White, Shivansh Tiwary, Deepa Babington, David Gaffen, Peter Henderson, Alistair Bell Organizations: General Motors, REUTERS, Detroit, United Auto Workers, UAW, Reuters, Detroit Three automakers, Ford Motor, Chrysler, Anderson Economic Group, GM, Ford, Democratic, Detroit Three, Detroit automakers, EV, Toyota, University of Michigan, Kentucky, Detroit Big, Thomson Locations: Detroit , Michigan, U.S, Detroit, Milan, Arlington , Texas, Tahoe, Sterling Heights , Michigan, Hill, Tenn, Washington

[1/2] U.S. Attorney General Merrick Garland gives a brief statement at the Justice Department in Washington, U.S., August 11, 2023. That puts the Biden administration's second year of corporate enforcement on par with the second year of the Trump administration's - the fifth-lowest corporate prosecutions on record. The new safe harbor program also "directly undermines" the Biden Administration's anti-monopoly efforts, they said. The Justice Department and Federal Trade Commission have mounted an unprecedented number of legal challenges to mergers since Biden took office. A recently-departed DOJ official told Reuters in August that more big corporate settlements were coming.

Persons: General Merrick Garland, Bonnie Cash, Joe Biden, Merrick Garland, Lisa Monaco, Monaco, Elizabeth Warren, Biden, Chris Prentice, Rod Nickel Organizations: U.S, Justice Department, REUTERS, U.S . Justice Department, Public Citizen, Democratic, Department of Justice, Public, Biden, Trump, The Justice Department, Federal Trade Commission, DOJ, Reuters, Thomson Locations: Washington , U.S, Monaco

☆ United Auto Workers Strike a Blow for Equality - The New York Times
▼ + stars: | 2023-10-30 | by ( Paul Krugman | ) www.nytimes.com time to read: +2 min

Some history you should know: Baby boomers like me grew up in a nation that was far less polarized economically than the one we live in today. For example, chief executives of major corporations were paid “only” 15 times as much as their average workers, compared with more than 200 times as much as their average workers now. But income gaps remained narrow for decades after these controls were lifted; overall income inequality didn’t really take off again until around 1980. Unions are a force for greater wage equality; they also help enforce the “outrage constraint” that used to limit executive compensation. Conversely, the decline of unions, which now represent less than 7 percent of private-sector workers, must have played a role in the coming of the Second Gilded Age we live in now.

Persons: Claudia Goldin, Robert Margo Organizations: Unions Locations: America

That’s very different than how Google defines Flatbush:Prospect Park Holy Cross Cemetery Flatbush by google maps Flatbush by readers Prospect Park Holy Cross Cemetery Flatbush by google maps Flatbush by readersLet’s look closely at Brooklyn’s Prospect Heights, which has mostly sharp edges and one very blurry one:Sharp prospect heights Sharp blurry Sharp Prospect Park Sharp prospect heights Sharp blurry Sharp Prospect Park Crown heights Prospect Park Crown heights Prospect Park prospect heights ? Crown heights Prospect Park prospect heights ? Racial composition of Prospect Heights and Crown Heights residents, 2000-2022 80% 60 Black 40 White 20 2000 2022 80% Racial composition of Prospect Heights and Crown Heights residents, 2000-2022 60 Black 40 White 20 2000 2022 Source: Furman Center, N.Y.U. prospect heights Condo for sale crown heights Prospect Park prospect heights Condo for sale crown heights Prospect ParkStreetEasy lists the unit as being in Crown Heights. A local grocery store on Classon Avenue — two blocks east of Washington,prospect heights Key Food Prospect Heights crown heights Prospect Park prospect heights crown heights Key Food Prospect Heights Prospect Parkused to be called Gala Fresh Farms.

Persons: Van, Obeid, ”, It’s, who’s, New, Casey Berkovitz, Mr, ’ you’re, ‘, Yemen ’, ” Mr, ” Long, Robert Moses ’ Brooklyn, Red, “, ” Colson Whitehead, Readers, Fort Greene, Tubby, ., Red Hook, Hook, Whitehead, we’ll, Douglas Elliman, ” “, streeteasy, Xavier Santiago, it’s, Suleiman Osman, Rambo, Ross Perlin, Perlin, Sures, Yemen hasn’t Organizations: Kennedy, Google, Bronx Zoo, East Harlem —, Carnegie, Brooklyn, New York Times, Times, Richmond Hill, city’s, Department, Bronx . The Bronx Muslim, Bushwick :, Stuyvesant Bushwick, Powell, soho tribeca, New York Public, Queens Expressway, Yorkers, steinway, Queens, Navy, Waterfront District, Fort, Brooklyn - Queens, Yorker, Bushwick, Jersey Silver, Park New Jersey Silver, Prospect, White, Furman Center, Sterling, East, Manhattan’s, brooklyn South brooklyn South brooklyn South brooklyn, Liberty Loan, Carroll Gardens, “, brooklyn ”, Language Alliance, East Harlem, Washington Locations: New York City, Bronx, Morris, New York, Little Yemen, Manhattan, East, Sugar, Clinton, Rose, Richmond, Todt, Lenox, Forest, Cypress Hills, Murray, Yemen, “, Brooklyn, Bushwick, Bushwick : Bushwick Bedford, Stuyvesant Bushwick Bedford, Stuyvesant, Windsor Terrace, windsor, Green, kensington, Queens, Point, Flushing, Powell, Lower Manhattan, TriBeCa, SoHo, Houston, soho, Hudson, Lispenard, Queens Expressway Brooklyn, Astoria, Woodside, Jackson Heights, astoria, sunnyside Brooklyn, Dumbo, Columbia, Red Hook, williamsburg, columbia, carroll, Red, Fort Greene Park Brooklyn, Queens Expressway columbia, Williamsburg, greenpoint East, Queens Expressway williamsburg, greenpoint East River williamsburg Brooklyn, East Williamsburg, ”, BoCoCa, Hamilton Heights, Greenwood Heights, Hudson Heights, Lincoln, Bridges, Carnegie Hill, Manhattan Valley, SpaHa, Village, Bedford, Kingsbridge, Riverdale, Fort, Inwood, Inwood washington, chelsea, greenpoint tribeca williamsburg ridgewood kew, brooklyn, bushwick, Soho ridgewood kew, Sheepshead, Shore, Staten Island, Jersey, Park New Jersey, Flatbush, Prospect, Prospect Heights , Brooklyn, Heights , Brooklyn, Prospect Heights, Crown, Washington, Classon, Crown Heights, Side, East Harlem, harlem, Harlem, Central, streeteasy, carnegie, South Brooklyn, Carroll, Revolutionary, Boerum, Cobble, South Bronx, Spanish Harlem, South Harlem, Lower, Loíza, Puerto Rico, Language, Barrio, Puerto Rican, Hispaniola, Dominican, Washington Heights

A public deal announcement with Stellantis is expected later Saturday afternoon or early evening, the sources said. Stellantis shuttered its assembly plant in Belvidere, Illinois, early this year, leaving 1,300 workers without jobs. The tentative contract deal will have provisions on the use of temporary workers, the sources said, adding Stellantis has agreed to significant investment. Fain and other senior union leaders are briefing local UAW chiefs by video conference, the sources said. The deal is also expected to include investments in other U.S. plants, including the Trenton engine plant, the sources said.

Persons: Stellantis, Shawn Fain, Biden, Fain, Tesla, Ford, Joe Biden, David Shepardson, Joseph White, Sayantani Ghosh, David Gregorio, Peter Henderson Organizations: United Auto Workers, Chrysler, Detroit Three, UAW, Ford, GM, Detroit, Detroit automakers, EV, Toyota, Kentucky, Korean, buildouts, U.S, Republican, Thomson Locations: Belvidere , Illinois, Illinois, U.S, Trenton, Detroit, Arlington , Texas, Tahoe, Sterling Heights , Michigan, Hollywood, Michigan

Search resuls for: "Collar"

25 mentions found