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☆ China Coast Guard Says It Took Measures Against Philippine Vessels in South China Sea
▼ + stars: | 2024-03-22 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

MANILA/SHANGHAI (Reuters) -China's coast guard said it had taken control measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippine coast guard decried the moves as "irresponsible and provocative". The incident occurred in the Second Thomas Shoal and Spratly Islands waters, according to the Chinese Coast Guard. A Philippine coast guard vessel was "impeded" and "encircled" by one Chinese coast guard vessel and two Chinese maritime militia vessels, the Philippine Coast Guard said in a separate statement. As a result, the Philippine coast guard vessel was "isolated" from the resupply boat by the "irresponsible and provocative behaviour" of the Chinese maritime forces, the Philippine coast guard said. The China coast guard implements regulations in accordance with laws, and handles matters in a reasonable, legal, and professional manner, Gan said.

Persons: Thomas, Gan Yu, Gan, Neil Jerome Morales, Gerry Doyle Organizations: Chinese Coast Guard, Philippine Coast Guard, Convention Locations: MANILA, SHANGHAI, South, Philippine, Spratly, Manila, China, Philippines, South China, Beijing, Shanghai

☆ Employee Productivity Is Booming As Workers Get Better at Their Jobs
▼ + stars: | 2024-03-21 | by ( Neil Dutta | ) www.businessinsider.com time to read: +11 min

At the simplest level, labor productivity is how much output (widgets, meals, spreadsheet computation) one person can complete in an hour. Employers were running around with fishnets trying to find people, and workers used their leverage. By contrast, the late 1990s were a period of higher productivity growth and underestimated growth, starting the year at 2% but ending closer to 4%. But it's probably too soon to be thinking about these factors as the main driver of recent productivity growth. The investment implications of this are clear: Stronger productivity growth implies a higher speed limit for the economy.

Persons: —, it's, we'll Organizations: Federal Reserve Bank of San, Labor, P Global, Manufacturing, Capital, Employers, downturns, Professional Locations: Silicon Valley, Federal Reserve Bank of San Francisco

☆ Dollar General is taking a key strategy from Costco as it aims to lower costs
▼ + stars: | 2024-03-21 | by ( Dominick Reuter | Alex Bitter | ) www.businessinsider.com time to read: +5 min

Dollar General is sharply reducing the selection of products it sells in order to cut costs. The discounter previously stocked about 12,000 unique items, referenced by SKUs. AdvertisementSome Dollar General shoppers may see their favorite items disappearing from shelves as the discount retailer looks to control inventory costs. The move inches Dollar General closer to Costco's time-tested strategy for finding savings through simplicity — the wholesale club famously keeps its SKU count to around 4,000 in its warehouses. Last summer, Dollar General took a $95 million inventory write-down as it cleaned those stores up.

Persons: SKUs, —, Todd Vasos, there's, Neil Saunders, Vasos, didn't, Gina Goetter Organizations: Costco, Service, Walmart, Aldi, Hasbro

☆ Ex-Trump aide Peter Navarro heads to prison after historic contempt prosecution
▼ + stars: | 2024-03-19 | by ( Tierney Sneed | Katelyn | ) edition.cnn.com time to read: +6 min

Navarro’s stint in prison comes as Trump himself has yet to face criminal consequences for the various crimes he’s been accused of committing. Navarro made a last-ditch bid for a Supreme Court intervention that would put off his self-surrender to prison. Yet the number of times the DOJ agreed to prosecute a witness for contempt of Congress are extremely low. He was charged in June 2022 with two counts of contempt of Congress and was found guilty on both counts last September. He was no longer in the White House during the period the House committee was probing.

Persons: Peter Navarro, Donald Trump, Navarro, Trump, he’s, “, ” Stanley Brand, –, White, Prosecutors, Navarro’s, ”, Neil Gorsuch, Anne Gorsuch, John Roberts, Elizabeth Prelogar, George W, Steve Bannon, Carl Nichols, Bannon, Sam Mangel, Mangel, ” Mangel Organizations: CNN, White, White House, Congress, Justice Department, Department of Justice, Supreme, Environmental, Agency, Trump, –, Justice, Capitol Locations: Miami

☆ HongShan split from Sequoia last year as US-China relations worsened. Now, it's eyeing up Europe.
▼ + stars: | 2024-03-19 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +4 min

Last June, storied investor Sequoia Capital announced it was to split itself into three separate entities. Sequoia Capital would look after the US and Europe; Peak XV Partners would manage its investments in India; and HongShan Capital would be based in China. The emergence of HongShan as an active investor in Europe would result in the firm "competing with former family," one source said. The expansion could be aimed at attracting businesses that target the Chinese market or companies set up by Chinese entrepreneurs away from home, the FT said, citing sources who had spoken with Shen. HongShan Capital's most recent fund includes LPs such as CalPERS, the University of Texas Investment Management Company, and the University of Washington endowment.

Persons: HongShan, Neil Shen, Shen Organizations: Sequoia Capital, YouTube, Sequoia, Partners, HongShan, Business, United, Strategic, University of Texas Investment Management Company, University of Washington Locations: China, Europe, India, London, Singapore, Asia

☆ What's up with Trump and Chubb? Insurance giant balks at underwriting fraud-case bond days after blowback from E. Jean Carroll bond
▼ + stars: | 2024-03-18 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Ten days ago, Chubb underwrote Trump's $92 million bond for his E. Jean Carroll defamation appeal. But Chubb declined to handle the far higher appeal bond Trump now needs in his NY civil fraud case. The insurance giant had faced blowback after agreeing to the Carroll bond. Chubb's "no, thanks" comes just five days after the company's CEO, Evan Greenberg, sent a letter to brokers, clients, and investors addressing widespread criticism over the Carroll bond. The Carroll bond was underwritten by Chubb subsidiary Federal Insurance Company.

Persons: Chubb, Trump's, Jean Carroll, Trump, Carroll, —, Donald Trump's E, Evan Greenberg, Greenberg, Nick Newton, Newton, Neil Pederson, Pedersen, it's, Letitia James, James, Alan Garten Organizations: Service, GOP, Trump, Insurance, Business, Chubb, Insurance Company, National Association, Bond, Sons, New York, Trump Organization Locations: New York, York, AssuredPartners, Manhattan

☆ Fabrics retailer Joann files for bankruptcy
▼ + stars: | 2024-03-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Joann, the 81-year-old fabric and craft retailer, has filed for bankruptcy as it struggles with customers cutting back on discretionary spending. In a statement Monday, the Ohio-based company said it filed for Chapter 11 bankruptcy protection and has secured $132 million in fresh funding that helps reduce its debt in half, which had ballooned to $1 billion. However, that has since faded, and inflation has soared, prompting customers to spend less on non-essential items. Joann’s stock was delisted from the Nasdaq and will become privately owned following the bankruptcy process, which it expects to happen as fast as next month. “The bankruptcy of Joann has been looming for a long time and was always a matter of when, rather than if,” said Neil Saunders, managing director and retail analyst for GlobalData, in a note Monday.

Persons: New York CNN — Joann, ”, Scott Sekella, Joann, Neil Saunders, “, ” Saunders Organizations: New, New York CNN, Nasdaq, GlobalData Locations: New York, Ohio

WASHINGTON (AP) — Astronaut Thomas P. Stafford, who commanded a dress rehearsal flight for the 1969 moon landing and the first U.S.-Soviet space linkup, died Monday. He died in a hospital near his Space Coast Florida home, said Max Ary, director of the Stafford Air & Space Museum in Weatherford, Oklahoma. Photos You Should See View All 60 ImagesThe Apollo 10 mission in May 1969 set the stage for Apollo 11’s historic mission two months later. He volunteered for the Air Force and had hoped to fly combat in the Korean War. After the Apollo-Soyuz mission, Stafford returned to the Air Force and worked in research and commanded the Air Force Flight Test Center before retiring in 1979 as a three-star general.

Persons: Thomas P, Stafford, Max, Tom Stafford, Bill Nelson, “ Tom, Gene Cernan, John Young, Charlie Brown, ” Stafford, Alexei Leonov, Tom, Gerald Ford, Leonid Brezhnev, “, you’re, Neil Armstrong, Frank Borman, Pete Conrad, Wally Schirra, Stafford’s, Cernan, didn’t, Get, Linda Organizations: WASHINGTON, Air Force, Coast, Stafford Air & Space Museum, NASA, Apollo, Soviet Union, Disney World, Soyuz, Russian, Space, U.S . Naval Academy, Air, Gemini, Gene, Stafford's Air Force, Pentagon Locations: U.S, Stafford, Coast Florida, Weatherford , Oklahoma, Soviet, Soviet Union, Russia, Oklahoma, Florida, Cape Canaveral

☆ Trump is considering a 16-week ban on abortion. Guess why he landed on that number.
▼ + stars: | 2024-03-18 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Donald Trump said in a Fox News interview that he's considering a national ban on abortion. Related storiesBut one question Trump hasn't openly addressed is how he landed on the timeline for a national abortion ban. South Carolina Sen. Lindsey Graham introduced a piece of legislation in 2022 that would institute a federal abortion ban. Those respondents consisted of 52% of men saying they strongly or somewhat support the 16-week national ban, and 54% of women saying they strongly support or somewhat support the same ban. "As President Trump has stated, he would sit down with both sides and negotiate a deal that everyone will be happy with.

Persons: Donald Trump, —, Fox News's Howard Kurtz, Trump, Roe, Wade, Trump's, — Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett —, Trump hasn't, South Carolina Sen, Lindsey Graham, Evan Siegfried, He's, Siegfried, they're, President Trump, Karoline Leavitt, Biden Organizations: Fox News, New York Times, Service, The New York Times, Fox, NBC News, Pew Research Center, South, The Times, Business, Trump Locations: South Carolina

☆ Five Takeaways From Putin’s Orchestrated Win in Russia
▼ + stars: | 2024-03-17 | by ( Neil Macfarquhar | ) www.nytimes.com time to read: +1 min

Mr. Putin said the vote represented a desire for “internal consolidation” that would allow Russia to “act effectively at the front line” as well as in other spheres, such as the economy. The government was dismissive of a protest organized by Russia’s beleaguered opposition, in which people expressed dissent by flooding polling places at noon. Mr. Putin, 71, will now be president until at least 2030, entering a fifth term in a country whose Constitution ostensibly limits presidents to two. The vote, the first since the full-scale invasion of Ukraine in February 2022, was designed to both create a public mandate for the war and restore Mr. Putin’s image as the embodiment of stability. Still, Russians are somewhat edgy over what changes the vote might bring.

Persons: Vladimir V, Putin, Russia’s, ” Locations: Russia, Ukraine

That same day, Mr. Trump’s campaign announced that the former president would appear alongside Mr. Moreno on Saturday in Dayton, widely interpreted as a sign that Mr. Moreno could benefit from an 11th-hour boost. Simultaneously, Mr. Moreno and his backers have portrayed Mr. Dolan as not sufficiently supportive of Mr. Trump. After Mr. Trump overwhelmingly won the former battleground state in 2016 and 2020, Ohioans sent J.D. Image Mr. Moreno has been endorsed by, and campaigned with, several Republicans with ties to Mr. Trump, including Gov. Mr. LaRose and Mr. Moreno have banded together to attack Mr. Dolan as disloyal to Mr. Trump, while both Mr. Dolan and Mr. LaRose have accused Mr. Moreno of shifting his views on everything from gun control to Mr. Trump himself.

Persons: Donald J, Trump’s, Bernie Moreno, Sherrod Brown, Moreno, Matt Dolan, Frank LaRose, Dolan, Mike DeWine, Rob Portman, LaRose, Mr, Trump, Donald Trump, ”, Ryan Stubenrauch, DeWine, Portman, Brown, Ohioans, J.D, Vance, Biden, Moreno’s, “, Mitch McConnell, McConnell, Donald Trump Jr, ” Mr, ” Reagan McCarthy, won’t, Jim Renacci, “ Trump, Katie Smith, they’ll, Kristi Noem, Vivek Ramaswamy, Vance of Ohio, —, Noem, Donald Trump isn’t, Mitzi Baird, ” Ms, Baird, Michael C, Bender Organizations: Republican, Republicans, Democrat, Senate, Mr, Democratic, Cleveland Guardians, Trump, Republican Party —, National Republican Senatorial Committee, Ohio Democratic Party, U.S . Army, Washington , D.C, ”, Lincoln Locations: Ohio, Dayton, Arizona, Cleveland, Washington, G.O.P, battlegrounds, Pennsylvania, Georgia, South Dakota, Cincinnati, Washington ,, Columbus, Elyria, Vermilion

☆ China's economic plans make a trade war likely whether Biden or Trump wins the presidency
▼ + stars: | 2024-03-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

China's surge in exports means a trade conflict is likely under either presidential candidate, Capital Economics said. The nation now makes up 15% of global manufacturing exports, which it will have to unload onto US consumers. He sees it as a consequence of the pandemic, when outsized lockdown demand ignited China's manufacturing sector, and output has jumped over 25% since 2019. Miller estimated that a trade war could start as soon as next year. During his tenure in the White House, he led a tit-for-tat trade war with Beijing, with many of its policies still in place under President Joe Biden.

Persons: —, Mr Trump, Neil Shearing, Shearing, Leland Miller, it's, They're, they're, Miller, Donald Trump's, Trump, Joe Biden Organizations: Capital Economics, Service, White, Washington, Capital, Democrat, CNBC Locations: China, Beijing, Europe

☆ Pence Says He Won’t Endorse Trump, but Won’t Vote for Biden Either
▼ + stars: | 2024-03-15 | by ( Neil Vigdor | More About Neil Vigdor | ) www.nytimes.com time to read: 1 min

Mike Pence, Donald J. Trump’s former vice president, indicated on Friday that he would not be falling into line behind the presumptive Republican presidential nominee, as some of Mr. Trump’s other previous rivals including Ron DeSantis, Vivek Ramaswamy and Tim Scott did. When asked whether he would endorse Mr. Trump now that the former president had clinched the party’s nomination, Mr. Pence said on Fox News that he “could not in good conscience” support him. “It should come as no surprise that I will not be endorsing Donald Trump this year,” he told Martha MacCallum on her talk show “The Story.”The former vice president declined to say whether he would vote for Mr. Trump in the November election, but answered, “I would never vote for Joe Biden.” He also ruled out running as a third-party or independent candidate for president, saying he remained a Republican.

Persons: Mike Pence, Donald J, Trump’s, Ron DeSantis, Vivek Ramaswamy, Tim Scott, Trump, Pence, Donald Trump, ”, Martha MacCallum, “, Joe Biden Organizations: Fox News, Mr, Republican

☆ House GOP Biden inquiry stalls as impeachment becomes less likely
▼ + stars: | 2024-03-15 | by ( Annie Grayer | ) edition.cnn.com time to read: +14 min

Hunter Biden arrives at the Thomas P. O'Neil Jr. House Office Building for a closed door deposition on February 28, in Washington, DC. Abbe Lowell makes a statement to the press following a closed-door deposition before the House Committee on Oversight and Accountability, and House Judiciary Committee in the O'Neill House Office Building on February 28, in Washington, DC. “He was well-prepared for the kind of questions,” Issa recounted of Hunter Biden. GOP focus shifts away from impeachment probeInvestigating the Biden family and going after President Biden was a top priority for House Republicans when they reclaimed the majority and got control of committees. GOP Rep. Ryan Zinke of Montana said the three Republican chairmen leading the impeachment inquiry have the same message: “They say we’re not in a position to go forward on impeachment.”

Persons: Joe Biden, Biden, Hunter Biden, James Comer, Jim Jordan, Comer, Donald Trump, Thomas P, O'Neil Jr, Countess, Merrick, Justice won’t, ” Comer, Mike Johnson, “, Jordan, Johnson, “ I’m, ” Johnson, Ralph Norman of, Troy Nehls, impeaching Biden, We’ve, Let’s, ”, ” Nehls, Alejandro Mayorkas, I’m, Trump, weaponized, ” Jordan, Vernon, Ed Siskel, ” Siskel, Hunter, Mary, ” Hunter, Abbe Lowell, Samuel Corum, Hunter Biden’s, Darrell Issa, ” Issa, Robert Hur, Garret Graves, Chip Roy, Texas, Lisa McClain, Richard Hudson of, it’s, Nick LaLota, ” Norman, Ryan Zinke Organizations: House Republicans, Department of Justice, CNN, Fox News, Merrick Garland’s Department, Justice, Louisiana Republican, ” Staff, GOP, Caucus, Democratic, Homeland, Senate, Trump, White, Getty, Committee, Republican, of, Hunter Biden, Republicans, Internal Revenue Service, Judiciary, House, House Republican, “ Locations: Washington ,, Merrick Garland’s, Louisiana, House, Ralph Norman of South Carolina, Texas, Georgia, Miami, Vernon Hill, Florida, O'Neill, Washington , DC, California, Lisa McClain of Michigan, Richard Hudson of North Carolina, New York, Montana

☆ Wall Street isn't pleased that Kevin Plank is returning as Under Armour's CEO, shares plunge 12%
▼ + stars: | 2024-03-14 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

Wall Street is not pleased that Under Armour founder Kevin Plank is returning as its CEO. Following the announcement, both Williams Trading and Evercore ISI downgraded Under Armour and lowered their price targets. Linnartz, a former Marriott International executive who took the helm last February, is the second CEO the company has cycled through in less than two years. Since she started at Under Armour, Linnartz had been focused on rehauling the company's C-suite, building out its loyalty program, UA Rewards, and pivoting the brand's assortment to a more athleisure-focused offering that had more stylish options for women. "All of the twists and turns have created a brand that has become increasingly confusing to consumers and to wholesale partners," Saunders continued.

Persons: Kevin Plank, Stephanie Linnartz, Plank, Evercore, Patrik Frisk, Armour, Linnartz, Plank's, Michael Binetti, William Blair, Neil Saunders, Saunders Organizations: Wall, Williams, Armour, Marriott International, Aldo, UA Locations: Houston , Texas, Plank, America, North America

☆ Russia’s 2024 Presidential Vote: What to Know
▼ + stars: | 2024-03-14 | by ( Neil Macfarquhar | ) www.nytimes.com time to read: +1 min

Why does this vote matter? The presidential vote in Russia, which began Friday and lasts through Sunday, features the trappings of a horse race but is more of a predetermined, Soviet-style referendum. President Vladimir V. Putin, 71, will undoubtedly win a fifth term, with none of the three other candidates who are permitted on the ballot presenting a real challenge. The main opposition figure who worked to spoil the vote, Aleksei A. Navalny, a harsh critic of Mr. Putin and the Ukraine war, died in an Arctic prison last month. Still, the vote is significant for Mr. Putin as a way to cement his legitimacy and refurbish his preferred image as the embodiment of security and stability.

Persons: Vladimir V, Putin, Aleksei A, Mr, ”, Nikolay Petrov Organizations: Kremlin, German Institute for International and Security Affairs Locations: Russia, Ukraine, Kyiv, Russian, Berlin

The stop by Ms. Harris at the Planned Parenthood clinic was believed to be the first official visit by a vice president to an abortion clinic. We have to be a nation that trusts women.”Image Ms. Harris visited a Planned Parenthood clinic in St. Paul, Minn., on Thursday. Nebraska, North Dakota and South Dakota were almost bare — all have restricted abortion access since the overturning of Roe. But the fall of Roe upended those politics, energizing a new generation of voters energized by their support for abortion rights. “Please do understand that when we talk about a clinic such as this, it is absolutely about health care and reproductive health care.

Persons: Kamala Harris, Minn, Harris, ”, “, Jenn Ackerman, Roe, Wade, energizing, Biden, Lake, Biden’s, Donald J, Trump, Ms, Undem, Mr, Paul, Sarah Traxler, Tim Walz Organizations: Minn, ., The New York Times, Democrats, Democratic, Paul Health Center, Administration, Gov, The, of Family, State Legislature, Biden Locations: St, Paul, Minnesota, . Minnesota, Iowa . Nebraska , North Dakota, South Dakota, Gaza, KFF, Democratic, Vandalia, “ Minnesota, States

☆ Russia’s 2024 Presidential Election: What to Know
▼ + stars: | 2024-03-14 | by ( Neil Macfarquhar | ) www.nytimes.com time to read: +1 min

Why does this election matter? The presidential vote in Russia, which begins Friday and lasts through Sunday, features the trappings of a horse race but is more of a predetermined, Soviet-style referendum. President Vladimir V. Putin, 71, will undoubtedly win a fifth term, with none of the three other candidates who are permitted on the ballot presenting a real challenge. The main opposition figure who worked to spoil the vote, Aleksei A. Navalny, a harsh critic of Mr. Putin and the Ukraine war, died in an Arctic prison last month. Still, the vote is significant for Mr. Putin as a way to cement his legitimacy and refurbish his preferred image as the embodiment of security and stability.

☆ Europe is trying to regulate AI. That could backfire.
▼ + stars: | 2024-03-14 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

One AI expert said it risks creating "AI policy tax havens" as countries try to attract investment. "Europe is NOW a global standard-setter in AI," Thierry Breton, the European internal market commissioner, said on X. Other countries, including China, have already brought in rules around specific uses of AI. AdvertisementThe legislation has been questioned by some commentators, such as AI and deepfakes expert Henry Ajder, who called it "very ambitious." The EU legislation plans to assign the risks of AI applications into three categories, with applications that cause unacceptable risk set to be banned.

Persons: —, Thierry Breton, Henry Ajder, Neil Serebryany, Avani Desai, Schellman, Marcus Evans, Norton Rose Fulbright Organizations: EU, Intelligence, Service Locations: Europe, China, EU, California

☆ Neil Young announces return to Spotify after Joe Rogan boycott
▼ + stars: | 2024-03-13 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Neil Young attends a press conference for Farm Aid 34 at Alpine Valley Music Theatre on September 21, 2019 in East Troy, Wisconsin. Neil Young on Wednesday said his music will return to Spotify , just over two years after he and other artists removed their catalogues from the music streaming platform amid a vaccine disinformation dispute. Spotify announced a multi-year deal with Rogan last month that removed its exclusivity, meaning "The Joe Rogan Experience" will return to platforms, including Apple Podcasts, YouTube and Amazon Music. Young previously said Spotify accounted for 60% of his global streaming revenue, prior to his departure. The move placed Spotify in a position to choose between numerous legendary musical figures and the controversial but hugely popular Joe Rogan podcast, which was its most streamed show in 2023.

Persons: Neil Young, Joe Rogan, Young, Rogan, Joni Mitchell, India Arie, Crosby, Stills, Nash, Daniel Ek Organizations: Farm, Valley Music Theatre, Spotify, CNBC, Apple, Amazon, Horse Locations: East Troy , Wisconsin, American

☆ Neil Young is coming back to Spotify — but he's not happy about it
▼ + stars: | 2024-03-13 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

Neil Young says his music will return to Spotify. Young took his music off Spotify in 2022 over COVID-19 misinformation on Joe Rogan's podcast. Young took a dig at Spotify's sound quality as he came back to the platform. AdvertisementWhile Neil Young lovers may be rejoicing that the iconic artist is returning to Spotify, Young himself is not. This story is available exclusively to Business Insider subscribers.

Persons: Neil Young, Young, Joe Rogan's, — Organizations: Spotify, Service, Business Locations: COVID

☆ Neil Young Will Return to Spotify After Joe Rogan Protest
▼ + stars: | 2024-03-13 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +2 min

Following Young’s protest, the singer-songwriter Joni Mitchell also removed her music from Spotify, and the R&B singer India.Arie circulated clips showing Rogan using a racial slur repeatedly on the show. Rogan apologized for his use of the word, and Spotify quietly removed dozens of episodes of his show. Spotify signed Rogan to a deal in 2020, worth at least $200 million, that made his show exclusive to that platform. Last month, the company announced a new, multiyear arrangement with Rogan in which Spotify would also distribute “The Joe Rogan Experience” to other podcast platforms, as well as YouTube. In his statement on Tuesday, Young didn’t give a timeline for when his music would return to Spotify, and a representative of Spotify did not immediately respond to a request for comment.

Persons: Robert Malone, ”, Joni Mitchell, India.Arie, Rogan, Daniel Ek, Joe Rogan, Young didn’t, Mitchell Organizations: Spotify, Street Journal Locations: Covid

Their November collision began to look even more likely after Mr. Trump scored a decisive win in Iowa in January. Already, Mr. Trump and Mr. Biden had shifted their focus away from the primaries. But Mr. Biden has already been using the political and financial apparatus of the Democratic National Committee. Mr. Biden is viewed unfavorably by a majority of Americans — a precarious position for a president seeking re-election — although so is Mr. Trump. Mr. Biden and his allied groups also have a significant financial advantage over Mr. Trump, whose legal bills are taking a toll.

Persons: Biden, Donald J, Trump, Mr, Nikki Haley, Biden’s, “, Joe Biden, ”, Haley, Trump’s, California’s, Robert F, Kennedy Jr, Dean Phillips, Marianne Williamson, Juan M Organizations: Tuesday, Associated Press, Democratic, Republican, Mr, Washington State, Democratic National Committee, Republican National Committee, D.C, Dean Phillips of Minnesota, Manhattan Locations: Iowa, Georgia, Georgia , Mississippi, Hawaii, Vermont, Washington, Gaza, New York

☆ Why are prices still so high? Corporate greed, some say.
▼ + stars: | 2024-03-11 | by ( Tami Luhby | ) edition.cnn.com time to read: +7 min

While supply chain problems and high demand may have helped spur inflation early in the pandemic, Rosolino believes there’s another key reason why prices have soared and remained high: Corporate greed. It’s corporate greed.”Nick Rosolino feels businesses won't lower their prices as long as consumers keep spending. “Too many corporations raise prices to pad their profits, charging more and more for less and less,” Biden said. Companies are typically slower to reduce their prices when costs decline than they are to raise prices when their expenses jump. Corporate profits have contributed to inflation, though experts differ on the extent.

Persons: Nick Rosolino, Rosolino, there’s, ”, “ It’s, Nick Rosolino Reluctantly, Joe Biden, “, ” Biden, Cookie Monster, Lael Brainard, Goldman Sachs, Neil Bradley, Heather Vargas, ” Vargas, ” Heather Vargas, Heather Vargas Vargas, –, Kellogg, Gary Pilnick’s, Companies haven’t, Aaron Hackman, McKinley Conner, Aaron Hackman “, Hackman Organizations: CNN, America, White, Economic Council, Federal Reserve, Companies, Federal Reserve Bank of Kansas City, US Chamber of Commerce, of Labor Statistics, “ Locations: Maine, New Gloucester , Maine, Portland, Heights , California, Fort Lauderdale , Florida

BEIJING (AP) — China’s national congress is wrapping up its annual session Monday with the usual show of near-unanimous support for plans designed to carry out ruling Communist Party leader Xi Jinping's vision for the nation. This year's weeklong event, replete with meetings carefully scripted to allow no surprises, has highlighted how China’s politics have become ever more calibrated to elevate Xi. A key item due to be put for a ritual vote on Monday are revisions of the “Organic Law of the State Council,” China's version of a cabinet, that direct it to follow Xi's vision. The Organic Law of the State Council is being revised for the first time since it was adopted in 1982. The revision calls for the State Council, above all, to “uphold the leadership of the Communist Party of China."

Persons: Xi, —, Li Qiang, ” Neil Thomas, ” Thomas, Wang Yi, Qin Gang, Mao Zedong, ” Organizations: BEIJING, —, Communist Party, State Council, Asia Society Policy Institute, Communist Party of China Locations: China, China's, U.S

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