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☆ Mummified baboons found in Egypt have puzzled scientists for 118 years. Now we finally might know how they got there and why.
▼ + stars: | 2023-11-05 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +9 min

Mummified remains of baboons in Egypt found over a century ago have long puzzled researchers. AdvertisementAdvertisementNew research on the mysterious remains of mummified baboons, found far from their natural habitat over a hundred years ago in Egypt, has shed light on the sacred significance of the primates in the ancient Arabian Peninsula. Kopp's discovery is the first time ancient DNA from a mummified non-human primate has successfully been analyzed to this extent. The exact location of Punt, Kopp told Insider, has long puzzled researchers due to references to the town being found in significant texts and artwork but not found on existing maps. And they even mummified baboons, which any primatologist will tell you is puzzling."

Persons: —, Gisela Kopp, Kopp, Gabbanat, Patrick Ageneau Kopp, they're, Pesky, Nathaniel Dominy, Dominy, you'd, Thoth Organizations: Service, University of Konstanz, Musee des Confluences, Dartmouth College Locations: Egypt, Adulis, Eritrea —, Africa, Eritrea, Punt, Lyon, France, Qurud

☆ Cold War US spy satellite images reveal nearly 400 undiscovered Roman forts
▼ + stars: | 2023-10-29 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Satellite images taken during the Cold War have revealed almost 400 previously unknown Roman forts. AdvertisementAdvertisementSatellite images taken during the Cold War have revealed almost 400 previously undiscovered Roman forts across Iraq and Syria, archaeologists said. He mapped 116 Roman forts along a 1,000 km, or roughly 620-mile, border, suggesting that these represented a defensive line against Arab and Persian invaders due to their spacing. Antiquity/US Geological SurveyThe new research found a further 396 previously undiscovered forts, suggesting that the region was more likely a hub of global trade. Cold War imageryThe photographs used in the study came from declassified spy images from the CORONA and HEXAGON satellite programs.

Persons: —, Antoine Poidebard, Jesse Casana, Casana, PAUL J, RICHARDS Organizations: Service, French Jesuit, Survey, Dartmouth College, CIA, National Museum of, United States Air Force, Analysts Locations: Iraq, Syria, French, Soviet

☆ Long-lost Roman forts spotted in declassified spy satellite photos
▼ + stars: | 2023-10-25 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +6 min

That survey was among the first to photograph archaeological sites from the air, and in 1934 Poidebard reported finding 116 Roman forts. But nearly a century later, mapping Poidebard’s forts to satellite photos was challenging. Those forts were aligned north to south along what was once the easternmost boundary of the Roman Empire, according to Poidebard. But Poidebard’s survey provided only a partial view of Rome’s ancient infrastructure, the researchers found. While Poidebard’s row of forts along the Roman Empire’s eastern front looked like a military fortification, this new evidence suggested that the forts collectively served a different purpose.

Persons: Rather, Jesse Casana, ” Casana, Casana, Father Antoine Poidebard, Poidebard, Father Antoine Poidebard's, —, ” Mindy Weisberger Organizations: CNN, United, Corona, Dartmouth College, Tell, Antiquity, Scientific Locations: United States, Iraq, Syria, New Hampshire, “, Iran, French, Qreiye, Roman, Birke, Mosul, Ninawa, ”, Rome

Research shows women in richer economies are more likely to have children if they work. Prime Minister Giorgia Meloni - Italy's first female premier - has said women are "an untapped resource" that lessens the need for immigrant labour. Yet her conservative government's 2024 budget, to be presented on Monday, is not expected to include measures to drive change. According to a government report relating to 2021, nearly one in five Italian women aged under 50 left their job after having their first child. SPANISH SUCCESSMeloni's government could learn from Spain, whose female activity rate lagged Italy's in the early 1990s but is now above the EU average.

Persons: Guzzo, Vittoria, Claudia Greco, Elena, Claudia Goldin, Giorgia Meloni, Claudia Olivetti, Enza Guzzo, Gian Carlo Blangiardo, Blangiardo, Giancarlo Giorgetti, Olivetti, Paola Profeta, Katharine Neiss, Valentina Za, Elisa Anzolin, Giuseppe Fonte, Catherine Evans Organizations: REUTERS, European Union, Reuters, Research, Dartmouth College, ISTAT, Bank of, EU, France's, Milan's Bocconi University, AXA Research, Treasury, Thomson Locations: Arese, Italy, MILAN, Bank of Italy, Rome, Barcelona, Spain, Milan

☆ Opinion | People in Their 20s Aren’t Supposed to Be This Unhappy
▼ + stars: | 2023-09-27 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

“I choked under the pressure of those evaluative eyes on me,” she recounted in a TEDMed talk in 2017. And in a career in academic governance, she prioritized students’ mental health. A few days before that address, Beilock was shown some data that confirmed her resolve to focus on wellness. It came from David Blanchflower, an economics professor at Dartmouth who has developed an academic specialty in happiness and well-being. But the mental health of young people has deteriorated.

Persons: Sian Leah Beilock, ”, Beilock, David Blanchflower, Blanchflower, There’s Organizations: Dartmouth College, Dartmouth, Centers for Disease Control, Prevention Locations: California

☆ What are legacy admissions — and do colleges need them?
▼ + stars: | 2023-09-25 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +8 min

Since the Supreme Court’s decision on race-based admissions, Wesleyan University and the University of Minnesota dropped legacy admissions. A 2022 report from nonprofit think tank Education Reform Now found that colleges were turning away from legacy admissions. Eighty-nine percent of college admissions directors did not support the use of legacy admits, and three-quarters of public colleges and universities didn’t even provide a legacy preference. “In that admission process, that legacy extra boost really can make a difference.”Donations, donations, donationsSome colleges say that legacy admissions play a financial role in keeping donors engaged. Casey added that getting rid of legacy admissions won’t change the compositions of the nation’s most elite colleges overnight.

Persons: Michael Roth, “, —, Brian Snyder, EFN, Joan Casey, we’ve, ” Casey, Gabrielle Starr, ” Starr, ” Chris Peterson, hasn’t, Starr, isn’t, “ Dartmouth, ”, Lee Coffin, Charles Krupa, ” Dartmouth, Casey, ” What’s, they’re Organizations: New, New York CNN, US, Court, American Civil Liberties Union, Wesleyan University, University of Minnesota, Johns Hopkins University, Pomona College, ” Wesleyan, CNN, Pew Research Center, Harvard University, Let’s, Harvard, Educational, Inc, Pomona, ”, Massachusetts Institute of Technology, MIT, Culture Colleges, Baker Library, Dartmouth College, Dartmouth, US Department of Education, Harvard University discriminates Locations: New York, Cambridge , Massachusetts, Massachusetts, Pomona, Claremont , California, California, ” Pomona, Hanover, N.H

☆ Can college sports teams unionize? We're about to find out.
▼ + stars: | 2023-09-23 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +8 min

The case for unionizing college sports teams is a precarious one, as athletes face significant barriers under federal labor law. The NCAA, along with the colleges that house sports teams, consider players amateurs and, therefore, not employees of their college. There is an NLRB case that an administrative law judge will hear this November that could open the floodgates for college teams to unionize. If the judge rules in favor of the National College Players Association, it would give both public and private college athletes the right to unionize under the NLRA, LeRoy said. Have other college sports teams tried to unionize before?

Persons: Cade Haskins, Romeo Myrthil, Michael LeRoy, LeRoy, —, Jennifer Abruzzo, Haskins, Myrthil, shouldn't, Northwestern, Irwin Kishner, Herrick Feinstein, Kishner, we'll Organizations: Dartmouth, Service, NCAA, Ivy League, National Labor Relations Board, NLRB, University of Illinois, National Labor Relations, unionizing, National College Players, University of Southern, USC, National College Players Association, Ivy League Agreement, Northwestern, Sports Law Locations: Wall, Silicon, Urbana, Champaign, University of Southern California, Abruzzo, unionize, New York

☆ The ‘Mandela Effect’: How a psychological phenomenon took over the internet
▼ + stars: | 2023-09-18 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +10 min

But you might also be experiencing the so-called Mandela Effect. Ken Drinkwater, a fellow researcher at Manchester Metropolitan, added that the effect might be connected to a condition called false memory syndrome. Jon Elswick/AP; Scott Olson/Getty ImagesSome common examples of the Mandela Effect have perhaps logical explanations, such as Mr. “Advocates of the Mandela Effect think it’s a genuine effect. These people had this false memory right after learning about the characters!

Persons: Ash, Fiona Broome, Nelson Mandela, Mandela, Broome, “ Luke, ”, Wilma Bainbridge, hadn’t, Deepasri Prasad, Bainbridge, Prasad, Stan, Jan Berenstain, ” Bainbridge, Neil Dagnall, Dagnall, “, ” Dagnall, Roediger, McDermott, Ken Drinkwater, they’ve, Drinkwater, they’d, you’ve, Jon Elswick, Scott Olson, David Adkins, Sinbad, Dennis Van Tine, Shaquille O’Neal, Clara Nellist, Lionel Flusin, hasn’t, ” Drinkwater, University of Chicago’s Bainbridge Organizations: CNN, “, Bears, University of Chicago’s, Science, UChicago, Dartmouth College, Manchester Metropolitan University, Manchester Metropolitan, Monopoly, Fox Television Network, European Organization for Nuclear Research, CERN, Collider Locations: South Africa, “, Hanover , New Hampshire, United Kingdom, New York City, Switzerland —, Geneva

☆ Union Push by Dartmouth Athletes Is Distinct From Previous Failed Efforts
▼ + stars: | 2023-09-15 | by ( Santul Nerkar | ) www.nytimes.com time to read: +1 min

When the Dartmouth College men’s basketball team filed a petition to unionize this week, it was a reminder of how much the movement for player empowerment has grown in college sports. The petition, filed to the National Labor Relations Board by the Service Employees International Union, was unanimously signed by all 15 players on the team, the union said. It was immediately backed by supporters of more rights for college athletes, and Dartmouth itself said it was considering how to respond. In a statement, the Ivy League school said it had “the utmost respect for our students and for unions generally” and that it was “carefully considering this petition with the aim of responding promptly yet thoughtfully in accordance with Dartmouth’s educational mission and priorities.”The petition was filed on Wednesday, according to the N.L.R.B. Players from Dartmouth’s team did not respond to messages seeking comment, and it was unclear in filings obtained through an open records request how the athletes were framing arguments for forming a union.

Organizations: Dartmouth College men’s, National Labor Relations, Service Employees International Union, Ivy League Locations: Dartmouth

☆ Explore How Income Influences Attendance at 139 Top Colleges
▼ + stars: | 2023-09-11 | by ( Aatish Bhatia | Claire Cain Miller | ) www.nytimes.com time to read: +8 min

Explore How Income Influences Attendance at 139 Top CollegesAt many selective private colleges, being very rich is a door to entry — students with parents earning in the top 1 percent attend at much higher rates than other similarly qualified students, new data shows. The data is available for 139 colleges, including the top private colleges according to Barron’s and many of the top public and private colleges in U.S. News & World Report. The researchers also had access to internal admissions data for several of the most elite private colleges. In much of the next tier of elite private colleges, rich students have a similar advantage. Even though college attendance rises with parental income, when it comes to educating the majority of America’s four-year college students, public universities play a vital role — regardless of how much their parents make.

Persons: Raj Chetty, Deming, Friedman, Professor Chetty, John N . Friedman of Brown, David J . Deming, ”, Jesse Rothstein, Chetty, They’re Organizations: U.S . News, Harvard, Dartmouth, Chetty, Ivy League, University of California, Stony Brook University, Carnegie Mellon Locations: U.S, Dartmouth, Georgetown, Berkeley, Los Angeles, California, Swarthmore, Wellesley

☆ Wells Fargo, a juicy target, sparks lead counsel fight among shareholder firms
▼ + stars: | 2023-09-01 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com time to read: +7 min

Meanwhile, yet another plaintiffs' firm, Robbins, is deep into a similar derivative suit against Wells Fargo board members in San Francisco Superior Court. But it’s worth noting that in 2022, Wells Fargo won the dismissal of a previous shareholder derivative suit accusing the board of regulatory compliance failures. Kessler said its complaint, which includes "detailed" and "substantial" references to Wells Fargo internal documents, was more likely to withstand a dismissal motion from the bank. Scott + Scott told Tigar that it had the most up-to-date documents from Wells Fargo because it brought a Section 220 demand after the $3.7 billion CFPB agreement. I would not be surprised to see a rival derivative suit filed in Delaware Chancery Court by one of the shareholder firms spurned by Tigar.

Persons: Cromwell, Wells Fargo, Wells, Robbins Geller Rudman, Dowd, Kessler Topaz Meltzer, Scott, Scott –, They're, Jon Tigar, Robbins, Wells Fargo’s, Kessler Topaz, Kessler, Robbins Geller, Tigar, Robbins Geller didn’t, Randall Baron, board's, Andrew Cheng, Read Organizations: Sullivan, U.S . Consumer Financial Protection Bureau, U.S . Office, Currency, OCC, Wells, U.S, District, San Francisco Superior Court, Tigar, Wells Fargo, San Francisco, Thomson, Reuters Locations: Oakland, Wells Fargo, San Francisco, Wells, San, California, Delaware Chancery

☆ Olive oil is in trouble as extreme heat and drought pushes the industry into crisis
▼ + stars: | 2023-08-19 | by ( Laura Paddison | ) edition.cnn.com time to read: +6 min

CNN —There is a crisis brewing in the olive oil industry. The situation is all the more concerning as it comes on the heels of a bad olive harvest last year, following Europe’s hottest summer on record. In Spain, the world’s biggest olive oil producer, production plunged to roughly 620,000 metric tons, compared to the five-year average of around 1.3 million metric tons, said Holland. This summer, heat gripped swaths of the Mediterranean region, bringing a “heat hell” scientists say would have been virtually impossible without climate change. “It’s getting to the stage where the concerns are significant not just for olive oil but for a lot of crops,” Holland said.

Persons: Kyle Holland, “, ”, Walter Zanre, Filippo Berio, Carlos Gil, Farmer Cristobal Cano, Jorge Guerrero, Holland, Zanre, ” Holland, It’s, Corey Lesk, Lorenzo Bazzana, Bazzana, Claudia Greco, Burger King, Nicholas Paulson, ” Paulson, “ We’re, ” Lesk Organizations: CNN, Getty, International Olive Council, Dartmouth College, “, Reuters, University of Illinois Locations: Europe, Spain, Holland, Jaen, AFP, Italy, Greece, Emilia, Romagna, Forli, India, South, University of Illinois Urbana, Champaign

☆ Opinion: Oppenheimer’s not your daddy
▼ + stars: | 2023-08-11 | by ( Opinion Aanchal Saraf | Rebecca H. Hogue | ) edition.cnn.com time to read: +11 min

Corbis/Getty ImagesScholar Teresia Teaiwa famously critiqued the bikini as instrumental to depoliticizing and concealing the effects of nuclear weapons in the Pacific. Britain and France would later begin their own nuclear weapons programs on Indigenous lands and waters in Australia and French Occupied Polynesia, among others. The US began detonating nuclear bombs at the Nevada Test Site in 1951, garnering nearby Las Vegas the nickname Atomic City. Atomic playboys have aestheticized nuclear weapons as sexy — but still safe — since their very existence. Nolan prolongs the time between the flash and the blast, allowing Oppenheimer’s words to hang in unnerving suspension.

Persons: Rebecca H, Hogue, Barbie ”, “ Oppenheimer, “ Barbie ”, Barbenheimer, Hogue Rebecca H, Baker, ” Rita Hayworth, Gilda, Hayworth, — Jacques Heim’s, Louis Réard, Corbis, Teresia Teaiwa, Lee A, Merlin, SpongeBob, Bert, Turtle, Walt, William Blandy, “, Christopher Nolan’s “ Oppenheimer, Cillian Murphy, Nolan, Oppie, Ernest Lawrence, Josh Hartnett, Jean Tatlock, Florence Pugh, Kitty Oppenheimer, Emily Blunt, Tatlock, Oppenheimer, J, Robert Oppenheimer, Christopher Nolan's, Melinda Sue Gordon, Nolan prolongs, “ Gilda, ”, Nolan bifurcates “ Oppenheimer ”, ” “ Oppenheimer, Barbie, Margot Robbie, ’, Ken, Ryan Gosling, —, Barbie’s, Mike ”, Edward Teller, “ It’s, Teller, “ Oppenheimer ” Organizations: Dartmouth College’s Society of Fellows, Mahindra Humanities Center, Harvard University, CNN, Warner Brothers Discovery, Universal, Trinity, Crossroads, Getty, Atomic Energy Commission, US, Las, Atomic, National Atomic Testing, Los, Communist Party, American, Twitter Locations: Pacific, Oceania, New Mexico, Hiroshima, Nagasaki, Marshall Islands, Kiribati, Northern Paiute, Western, Nevada, Amchitka , Alaska, Bikini Atoll, Britain, France, Australia, French, Las Vegas, Las, Playthings, Los Alamos, Japan, American, iconicity, Alamos

☆ An Ivy League law degree can earn you over $200,000 a year—grads from this school make the most
▼ + stars: | 2023-08-10 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

Ivy League law schools like Harvard and Yale have produced presidents, Supreme Court justices, senators and more. But even if you're not looking to go the political route, earning a graduate-level law degree from an Ivy can pay off big time. Those schools are Columbia University, Cornell University, Harvard University, the University of Pennsylvania and Yale University. Brown University, Dartmouth College and Princeton University do not have law schools. Here's how much graduates from each Ivy League law school earn.

Organizations: Ivy League, Harvard, Yale, Ivy, Higher Education, Columbia University, Cornell University, Harvard University, University of Pennsylvania, Yale University . Brown University, Dartmouth College, Princeton University

☆ Extreme heat has cost the global economy $16 trillion on average, research shows
▼ + stars: | 2023-08-03 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

The extreme heat is harming people's health and labor productivity. Newly available economic data and more advanced climate models now make it possible to measure how extreme heat hurts the global economy. "The economic costs of extreme heat do not encompass the totality of the economic costs of climate change," Mankin said. "Average temperatures are rising, so statistically, we are going to have more extreme heat in more places," he said. "What's unique about the extreme heat right now is the number of people it's impacting.

Persons: Justin Mankin, Mankin, Adrienne Arsht Organizations: Service, Dartmouth College, Rockefeller Foundation Resilience, CNN, European Union Locations: . Texas, Southern Europe, North Africa, Italy, Spain, Greece, Tunisia

☆ $1.2 Million Homes in Vermont, New York and Ohio
▼ + stars: | 2023-08-02 | by ( Angela Serratore | ) www.nytimes.com time to read: +1 min

It is a 10-minute drive from a public library, a farmers’ market and a diner in the center of town. Dartmouth College is less than half an hour away, in Hanover, N.H. Montpelier, the Vermont state capital, is about an hour’s drive. Driving to Boston, Albany, N.Y., or Hartford, Conn., takes about two and a half hours. New York City is about four and a half hours away. Size: 4,680 square feetPrice per square foot: $256Indoors: A long driveway runs from the street to the center of the property and the detached garage.

Organizations: Dartmouth, New Locations: Hartland, Vt, Quechee, Woodstock , Vt, Hanover, N.H, Montpelier, Vermont, Boston, Albany, N.Y, Hartford, Conn, New York City, Montreal, bookshelves

☆ A planet’s atmosphere is blasted away by a star and Hubble captures it
▼ + stars: | 2023-07-31 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —The Hubble Space Telescope captured an unexpected observation of a nearby planet that’s having its atmosphere blasted away by energetic outbursts from its star. As the planet is blasted by radiation, its atmosphere heats to the point that it escapes the planet’s gravity and puffs out into space. The planet gets hit with flares, X-rays and stellar wind, or a charged stream of particles released from the star. “This creates a really unconstrained and frankly, scary, stellar wind environment that’s impacting the planet’s atmosphere,” Rockcliffe said. Astronomers will conduct more follow-up observations of the system with Hubble to track how the planet changes in the future.

Persons: Hubble, NASA’s, “ We’ve, ”, Keighley Rockcliffe, “, ’, ” Rockliffe, ” Rockcliffe, Rockcliffe Organizations: CNN, Hubble, Spitzer, Telescope, Keighley, Dartmouth College Locations: Hanover , New Hampshire

☆ New research on Facebook shows the algorithm isn't entirely to blame for political polarization
▼ + stars: | 2023-07-27 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +6 min

For all the blame Facebook has received for fostering extreme political polarization on its ubiquitous apps, new research suggests that the problem may not strictly be a function of the algorithm. Doing so during the three-month period, "did not significantly alter levels of issue polarization, affective polarization, political knowledge, or other key attitudes," the authors wrote. When altering the kind of content these Facebook users were receiving to presumably make it more diverse, they found that the change didn't alter users' views. "However, the data clearly indicate that Facebook users are much more likely to see content from like-minded sources than they are to see content from cross-cutting sources." The polarization problem exists on Facebook, the researchers all agree, but the question is whether the algorithm is intensifying the matter.

Persons: Meta, Holden Thorp, Science's, Thorp, Nick Clegg, Clegg, Stephan Lewandowsky, Lewandowsky, Susan Li Organizations: Facebook, Nature, Princeton University, Dartmouth College, University of Texas, Meta, University of Bristol Locations: U.S

☆ SEC punts on whether syndicated loans are securities, in closely watched appeal
▼ + stars: | 2023-07-19 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com time to read: +7 min

Law firm alerts have gone so far as to call the appeal an “existential threat” to the entire syndicated loan market. The SEC later added to the suspense by requesting two more extensions from the 2nd Circuit, noting the complexity of the issue. On the other hand, any remaining uncertainty will be resolved as soon as the 2nd Circuit issues a ruling. But it’s a good bet that the trustee's lawyers from McKool will urge the 2nd Circuit to read the SEC’s silence as proof of the complexity of the issue. An earlier version incorrectly reported that Judge Michael Park was part of the 2nd Circuit panel that heard oral argument.)

Persons: Cromwell, JPMorgan Chase, Marc Kirschner, Paul Gardephe, Manhattan, Gardephe, McKool Smith, Jose Cabranes, Joseph Bianco, Myrna Perez, ”, Malcolm Stewart, Christopher Johnson, McKool, SEC wouldn’t, Michael Park, Alison Frankel, Leigh Jones Organizations: Sullivan, U.S . Securities, Exchange Commission, U.S, Circuit, SEC, 2nd, JPMorgan, Millennium, U.S . Justice Department, District, Trading Association, Securities Industry, Financial Markets Association, Justice Department, U.S . Treasury Department, Thomson, Reuters Locations: U.S .

☆ Review: Delayed by the Pandemic, Pilobolus Celebrates Its 50th
▼ + stars: | 2023-07-12 | by ( Gia Kourlas | More About Gia Kourlas | ) www.nytimes.com time to read: +1 min

Pilobolus has been pushing bodies to their limits in unusual shapes and precarious balances since 1971, when its founding members met at Dartmouth College. The company’s leadership has shifted and changed over the years, but what remains is the group’s collaborative approach. The group also possesses commercial appeal despite the origins of its name: Pilobolus is a genus of fungi that grows on herbivore dung. Now under the leadership of Renée Jaworski and Matt Kent — two former company members — Pilobolus, after a pandemic delay, concludes its 50th anniversary tour with a three-week season at the Joyce Theater. Its title, the “Big Five-OH!,” has much in common with aspects of the group’s choreography, which can veer into the painfully cute.

Persons: Pilobolus, Renée Jaworski, Matt Kent —, — Pilobolus, ”, Derion Loman, Madison Olandt, Jaworski, Jad, “ Mary Poppins, Marlon Feliz, Hannah Klinkman Organizations: Dartmouth College, Joyce Theater, Kent Locations: York, “

☆ Opinion | Amazon Prime Day, Walmart Plus Week and the Battle of the Retail Giants
▼ + stars: | 2023-07-12 | by ( Peter Coy | ) www.nytimes.com time to read: +3 min

I started to realize that Walmart and Amazon don’t have identical strategies because they aren’t going after identical customers. Walmart customers, on average, have lower incomes and are more price sensitive. Amazon customers are willing to pay more for the variety — both from Amazon itself and from the vast array of third-party sellers doing business on Amazon Marketplace. They follow everyday low pricing,” Sikdar said. Mostly it is itself the retailer.”Amazon, in contrast, puts fewer limits on its third-party sellers.

Persons: Watson, Eric Youngstrom, Rafi Mohammed, ” Mohammed, Vrinda Kadiyali, Cornell’s, Prasad Vana, Sikdar, Walmart’s, ” Sikdar, Giles Hooker Organizations: Walmart, Amazon, Onramp, Profit, Amazon Marketplace, Dartmouth College’s Tuck School of Business, Cornell’s Johnson Graduate School of Management, Cornell, University of Pennsylvania Locations: Cambridge, Amazon, Tuck

☆ Extreme weather is hitting parts of the US. That’s bad news for the economy
▼ + stars: | 2023-06-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

All told, at least a third of the US population is currently grappling with costly extreme weather events. In 2022, extreme weather events cost the United States about $165 billion, according to the NOAA. Sector by sector: Extreme weather impacts the economy writ large, but certain sectors tend to suffer more than others. Agriculture, construction, tourism and renewable energy sectors also tend to feel the brunt of extreme weather events. “We’re really poorly adapted to the extreme weather and climate that we have right now,” said Mankin.

Persons: New York CNN — We’ve, ”, Justin Mankin, Nam, we’ve, Andrew Watterson, Ian, “ We’re, Mark Thompson, it’s, —, Vladimir Putin, Brent, That’s Organizations: CNN Business, Bell, New York CNN, Dartmouth College, Sunday, National Oceanic, Atmospheric Administration, NOAA, Federal Aviation Administration, FAA, Travelers, Southwest Airlines, O'Hare International, Agriculture, Rystad Energy, Western, Federal Reserve Bank of New, Consumer Locations: New York, Texas, United States, Chicago, Florida, Russia, China, India, Russian, Moscow, Federal Reserve Bank of New York

Not only are his current approval ratings historically low, they are particularly poor given that unemployment is at its lowest in more than half a century. As a result, Biden's approval ratings could reasonably be expected to rise if inflation continues to decline. Reuters analysis suggests presidential approval ratings are rarely below 40% when inflation is 6% or lower. What will have a greater impact on consumers' and voters' well-being - unemployment pain or inflation gain? Some economists say the 'Misery Index', the unemployment rate plus the inflation rate, is a decent proxy for people's happiness and even presidential approval ratings.

Persons: Joe Biden's, Biden, Harry Truman's, Joseph Macri, Bahram Adrangi, 3pp, Andy Schneider, Lina El, Robert MacCulloch, Hamed Shafiee, David Blanchflower, Jamie McGeever Organizations: Federal Reserve, Wall, Bank of America, Atlanta, Reuters, Presidents, BNP, Dartmouth College, Bank of England, Thomson Locations: ORLANDO, Florida, U.S, Iraq

☆ Donald Trump, the Presidential Records Act and ‘Clinton's sock drawer’ defense
▼ + stars: | 2023-06-09 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com time to read: +7 min

“The [Presidential Records Act] does not confer any mandatory or even discretional authority on the archivist,” wrote U.S. District Judge Amy Berman Jackson in that 2012 ruling. “These are not presidential records,” he added. The Presidential Records Act, Trump’s brief said, gave Trump the sole authority to decide how to categorize his records. Fitton told me he explained his Presidential Records Act theory to the Washington, D.C., grand jury in the Trump document case last winter. Fitton, for instance, accused the Justice Department of flipping its position on presidential discretion under the Presidential Record Act to go after Trump.

Persons: Donald Trump, Bill Clinton’s, Clinton, Taylor Branch, Clinton “ squirreled, ”, Amy Berman Jackson, Trump, Jason Baron, Bradley Moss, Mark S, Zaid, Moss, Baron, “, Todd Blanche, Tom Fitton, ” Fitton, Fitton, Jack Smith, Margaret Kwoka of Organizations: Reuters, Watch, GQ, Branch, National Archives, Records Administration, Presidential, Judicial, Archives, “, Justice Department, Mar, University of Maryland, Trump, Trump –, Presidential Records, Circuit, Records, D.C, Margaret Kwoka of Ohio State University, Thomson Locations: Mar, United States, U.S, Washington

☆ Kim Kardashian, Floyd Mayweather can’t evade EMax crypto investors’ claims, judge says
▼ + stars: | 2023-06-07 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com time to read: +7 min

Pierce, who allegedly received nearly $250,000 in EMax tokens as payment for touting the investment, paid $1.4 million in February to settle the SEC’s allegations of deceptive securities promotion. The new ruling, Masson said, should serve as a blueprint for crypto investors who contend they were duped by celebrity promoters. The beefed-up amended complaint convinced the judge that investors had plausibly accused the celebrity influencers of doing just that: exerting influence over their followers by endorsing EMax tokens. Fitzgerald’s previous decision dismissing claims against Kardashian and the other EMax promoters, Masson said, might have created an impression that celebrities can’t be held responsible for allegedly deceptive crypto touting. “You cannot get away with this.”Read more:Kim Kardashian, other celebrities beat EMax crypto investors' lawsuitKim Kardashian pays $1.26 million fine for paid crypto ad, SEC saysOur Standards: The Thomson Reuters Trust Principles.

Persons: Kim Kardashian, Michael Fitzgerald, Kardashian, Floyd Mayweather, famer Paul Pierce, Mayweather, Pierce “, ”, Fitzgerald, Hyping, you’ve, Scott, “, ” Fitzgerald, Michael Rhodes, Cooley, Pierce, Joel Weiner, Katten Muchin Rosenman, James Sanders, Reed Smith, influencer Logan Paul, Paul, King & Spalding, Sean Masson, Scott —, Kardashian —, EMax, Masson, ’, can’t, ” Masson, ” Read Organizations: District, Los, NBA, famer, U.S . Circuit, Securities, Exchange Commission, King &, SEC, Thomson, Reuters Locations: California, “, Florida

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