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☆ How investing $100 in Berkshire Hathaway when Charlie Munger joined would now be worth nearly $400,000
▼ + stars: | 2023-11-30 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

Munger, a billionaire investor and vice chairman of Buffett’s investment firm Berkshire Hathaway, died Tuesday morning at 99 years old. (Berkshire Hathaway shares, which didn’t have different classes then, ended 1977 at $138 a share.) Projections of Warren Buffett, Berkshire Hathaway Inc. chairman and chief executive officer, and Charles Munger, vice chairman of Berkshire Hathaway. Berkshire outperformed the S&P 500 during 31 of the 46 years Munger was at the company, according to Bespoke. The Christmas Price Index, now in its 40th year, is a tongue-in-cheek take on the Bureau of Labor Statistics’ Consumer Price Index and is meant to highlight market changes over time while educating consumers about the economy.

Persons: Charlie Munger, Warren Buffett, Berkshire Hathaway, Buffett, Munger, ” Munger, Charlie, Michael Broggie, –, “, Charles Munger, Daniel Acker, Buffett’s, – Munger, inflation’s, Alicia Wallace, Read, Jordan Valinsky, didn’t Organizations: CNN Business, Bell, New York CNN, Berkshire, Berkshire Hathaway, Investment, Harvard Law School, Berkshire Hathaway Inc, Bloomberg, Getty, Daily, PNC Financial Services, Bureau of Labor Statistics ’, Nevada . Rite, Rite Aid, Amazon, Walmart, Target, Costco Locations: New York, Munger, Omaha, Berkshire, California, Pennsylvania, Ohio , Virginia, Washington, Michigan , New Jersey , Oregon, Connecticut , Maryland, Nevada

☆ Charlie Munger: Following these 3 'basic rules' made me successful in life—it's 'nearly impossible, but you should try anyway'
▼ + stars: | 2023-11-29 | by ( Charlie Munger | ) www.cnbc.com time to read: +1 min

These reflections on his life and career, which he wrote for CNBC Make It, are among his final writings. One's journey to career satisfaction is not always linear. I started investing in stocks, businesses and property development before starting a law firm with some of my colleagues. I have three basic rules for career satisfaction that have always helped me. While meeting all three is nearly impossible, you should try anyway.

Persons: Charlie Munger, I, Warren Buffett, Warren Organizations: CNBC, Harvard Law School Locations: California, Omaha

☆ Charlie Munger, investing genius and Warren Buffett's right-hand man, dies at age 99
▼ + stars: | 2023-11-28 | by ( Marty Steinberg | ) www.cnbc.com time to read: +8 min

In this article BRK.A Follow your favorite stocks CREATE FREE ACCOUNTwatch nowBillionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett's right-hand man at Berkshire Hathaway, has died at age 99. In addition to being Berkshire vice chairman, Munger was a real estate attorney, chairman and publisher of the Daily Journal Corp., a member of the Costco board, a philanthropist and an architect. We've gotten good at fishing where the fish are," the then-93-year-old Munger told the thousands of people at Berkshire's 2017 meeting. Warren Buffett (L), CEO of Berkshire Hathaway, and vice chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. "Well, I would say basically we're like the captain of a ship when the worst typhoon that's ever happened comes," Munger told The Wall Street Journal in April 2020.

Persons: Charlie Munger, Warren Buffett's, Munger, Berkshire Hathaway, Buffett, Greg Abel, Benjamin Franklin, We've, Charles Thomas Munger, Alfred, Florence, Toody, didn't, Janet Lowe's, Nancy Huggins, Olson, Wheeler, Dean Scott Derue, Franklin Otis Booth, Booth, Derue, CNBC's Becky Quick, Charlie, He's, I've, Warren Buffett, Johannes Eisele, Goldman Sachs, We're, Oh goody, goody, everything's Organizations: Berkshire Hathaway, Berkshire, New, Daily Journal Corp, Costco, Buffett's Berkshire, CNBC, University of Michigan, Army Air Corps, California Institute of Technology, Scripps College, Harvard Law School, Tolles, Munger & Co, Michigan Ross Business School, Los Angeles Times, Buffett, Omaha, AFP, Getty, Bank of America, Wall Street Journal Locations: California, Munger, Pasadena , California, Berkshire, Omaha , Nebraska, Omaha, Warren, Pasadena

☆ Charlie Munger, the 'Oracle of Pasadena' who was Buffett's second-in-command
▼ + stars: | 2023-11-28 | by ( Jonathan Stempel | ) www.reuters.com time to read: +8 min

Berkshire Hathaway Vice Chair Charlie Munger arrives to begin the company's annual meeting in Omaha May 4, 2013. EXPANDING BUFFETT'S HORIZONSMunger and Buffett did differ politically, with Munger being a Republican and Buffett a Democrat. Like Buffett, Munger was a fan of the famed economist Benjamin Graham. ORACLE OF PASADENAFans dubbed Buffett the "Oracle of Omaha," but Munger was held in equal esteem by his own followers, who branded him the "Oracle of Pasadena" after his adopted hometown in California. "I was raised by people who thought it was a moral duty to be as rational as you could possibly make yourself," Munger told Daily Journal shareholders in 2020.

Persons: Charlie Munger, Rick Wilking, Charles Munger, Warren Buffett's, Munger's, Buffett, Munger, Berkshire Hathaway, HORIZONS Munger, Santa Barbara, Warren, Benjamin Graham, Charlie, Ben Graham, Charles T, Kathy Kristof, Buffett's, Ernest . Buffett, Olson, Wheeler, Alice Schroeder, Nancy, Graham, Heinz, Todd Combs, Ted Weschler, Nancy Munger, Jonathan Stempel, Diane Craft, Rosalba O'Brien Organizations: Berkshire Hathaway, REUTERS, Berkshire Hathaway Inc, Munger, CNBC, Buffett, HORIZONS, Republican, University of California, Berkshire, ORACLE, PASADENA, Oracle, Wesco Financial Corp, Daily Journal Corp, Daily, Los Angeles Times, University of Michigan, U.S . Army Air Corps, Harvard Law School, Tolles, Munger &, Omaha Club, BNSF, 3G Capital, Kraft Foods, Reuters, Thomson Locations: Omaha, California, Berkshire, Omaha , Nebraska, Vienna, Santa, Pasadena, Munger, TETE, Los Angeles, New York

☆ Charlie Munger death: Warren Buffett’s business partner in Berkshire Hathaway passes away, aged 99
▼ + stars: | 2023-11-28 | by ( Paul R. La Monica | Krystal Hur | ) edition.cnn.com time to read: +3 min

New York CNN —Billionaire investor Charlie Munger, the long-time friend and business partner of Warren Buffett, has died. Berkshire Hathaway, the investment firm where Munger served as vice chairman, said in a press release that Munger passed “peacefully” on Tuesday morning in a California hospital. Charles Thomas Munger, known by his nickname, “Charlie,” was born on January 1, 1924, in Omaha, Nebraska. Buffett told CNBC in 2021 that after their first meeting, he knew “I’m not going to find another guy like this …. “If people weren’t so often wrong, we wouldn’t be so rich,” Munger said during a 2015 Berkshire Hathaway annual shareholders meeting.

Persons: Charlie Munger, Warren Buffett, Berkshire Hathaway, Munger, Charles Thomas Munger, “ Charlie, ”, Wall, Munger’s, “ Berkshire Hathaway, Charlie, Mohamed El, ” Whitney Tilson, Buffett, “, ” Munger, “ I’m, CNN Munger, — CNN’s Nicole Goodkind Organizations: New, New York CNN, Berkshire, US Army, University of Michigan, Harvard Law School, Berkshire Hathaway, Erian, Allianz, CNN, Forbes, CNBC, Xerox, Daily Journal Locations: New York, “, ”, California, Omaha , Nebraska, Southern California, Japan, Omaha, Berkshire, Munger, Los Angeles

☆ Where are they now: The many fascinating Bridgewater employees from the book on Ray Dalio 'The Fund'
▼ + stars: | 2023-11-16 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +17 min

The new book, "The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend" — which Dalio and his lawyers have pushed back against — describes everything from Bridgewater's investment process to internal grudges and backstabbing to allegations of sexual harassment. Here are the places where the dozens of Bridgewater employees and consultants named in the book ended up. Dalio, the book said, wrote into the firm's bylaws that he could never hold that title again. Before that, she was the head of investment research and a co-chief investment officer for sustainability. He's worked at different funds since leaving in 2006, including Larch Lane Advisors and Bonaccord Capital as an investor and business-development professional.

Persons: Rob Copeland's, Ray Dalio, Dalio, —, Bridgewater, Greg Jensen, YouTube Dalio, nixed, Copeland, He's, Jensen, Eileen Murray, Morgan Stanley, David McCormick, Dina Powell, McCormick, Dave McCormick, Michael M, Nir Bar Dea, Stefanova, Dalio's, Paul McDowell, Bob Eichinger, McDowell, Eichinger, Jen Healy, Osman Nalbantoglu, Matthew Granade, Steve Cohen, Steve Cohen's Point72, Bob Prince, politicking, Karen Karniol, Bridgewater Associates Karen Karniol, Vladimir Putin, Bob Elliott, Elliott, James Comey, Winn McNamee, Barack Obama, Donald Trump, Hillary, Britt Harris, Bridgewater's, Julian Mack, L, Michael Partington, Spencer Stuart, Niko Canner, Jon Rubinstein, Beck Diefenbach Jon Rubinstein, Steve Jobs, Tom Adams, Rosetta Stone, J, Michael Cline, Cline, Kevin Campbell, Campbell, Craig Mundie, Bill Gates, Gates, Mundie, Bill Clinton, George W, Bush, David Ferrucci, IBM's Watson, Ferrucci, Keith Alexander, Alexander, Larry Culp, Culp, Jamie Gorelick, conscientiously, Clinton, Jared Kushner, Jesse Horwitz, Comey, Horwitz, Samantha Holland, Perry Poulos, Murray, Joe Sweet, Tara Arnold, Arnold —, Leah Guggenheimer, She's, Charles Korchinski, Harris, Kent Kuran Organizations: New York Times, Bridgewater Associates, Business, Bridgewater, YouTube, HSBC, Broadridge, Life Insurance, Wells, Treasury Department, Republican, Getty, GOP, Israel Defense Forces, Marto, Princeton University, McKinsey, Point72, Bridgewater didn't, Domino Data, CircleUp, FBI, Trump, of, University of Texas Investment Management Co, Apple, Dalio, Health, Cognition, Mundie, National Security Agency, Amazon, General Electric, Boston Globe, Electric, Trump White House, Harvard Law School, —, Hubble, Stefanova's Marto, HBR Consulting, MIO Partners, Burford, Larch Lane Advisors, Bonaccord, Eaton Partners, Stanford, NextEra Energy Resources Locations: Bridgewater, Connecticut, Pennsylvania, China, San Francisco, of Texas, Atlanta, WilmerHale, Asia, India, Shanghai, Singapore, Israel, Africa

☆ The nonstop sparring match between Justice Samuel Alito and Solicitor General Elizabeth Prelogar
▼ + stars: | 2023-11-06 | by ( Joan Biskupic | ) edition.cnn.com time to read: +16 min

CNN —Justice Samuel Alito is the tip of the spear for conservatives challenging the Biden administration during oral arguments at the Supreme Court. Solicitor General Elizabeth Prelogar is the Biden administration’s top lawyer at the court, defending the policies that are the source of much of Alito’s consternation. “I think our best example historically is the Customs Service,” Prelogar responded. The Biden administration was backing admissions practices that considered students’ race as a factor in admissions to achieve campus diversity. “No, Justice Alito,” Prelogar said.

Persons: Samuel Alito, Biden, He’s, Elizabeth Prelogar, Alito, Prelogar, Ronald Reagan, George H.W, Bush, George W, Sandra Day O’Connor, ” Prelogar, Ruth Bader Ginsburg, Elena Kagan, Robert Mueller, Joe Biden, –, ” Alito, “, ”, John Roberts, Roberts, I’m, It’s, ” Alito interjected, ’ Jeffrey Wall, Trump, …, Wall, We’re, Justice Alito, Juliet, Friar Laurence, Brett Kavanaugh, Ketanji Brown Jackson, Friar, Taylor Swift, Friar Lawrence, “ I’m Organizations: CNN, Supreme, Princeton, Yale Law School, Department of Justice, Emory University, Harvard Law School, Miss, ahs, Senate, Republicans, Democrats, Consumer Financial, Federal Reserve System, Customs Service, Biden, FDA, OSHA, Occupational Safety, Health Administration, Harvard, University of North, America, United States, Fair, Shakespeare Theatre Company, Verona Locations: Trenton , New Jersey, New Jersey, Boise , Idaho, Miss Idaho, University of North Carolina, America, ”, Verona, Washington

We are actually going to be looking at this in the very early days of generative AI. casey newtonYeah, this feels like one of the big questions in AI right now. rebecca tushnetSo I see why you say that’s strange, but in fact, it’s exactly how you would make a general-purpose tool. But now, finally, along come these new technologies to take them down a peg, and they’re actually going to have to work for a living. So maybe they’re slapping, like, AI sort of things around the stories that they’re aggregating.

Persons: kevin roose Casey, casey newton What’s, kevin roose, casey newton Dots, casey newton, they’re, kevin roose —, casey newton Dot, CASEY, Biden, Mr, kevin roose I’m Kevin Russo, ” casey newton, Casey Newton, Rebecca Tushnet, casey newton Kevin, I’d, Rachel, kevin roose Aw, Harry Potter, kevin roose Wow, SpongeBob, Chuck Schumer, let’s, it’s, Claude, kevin roose Totally, casey newton Yes, Yann LeCun, It’s, you’re, you’ve, Sam Altman, Dario Amodei, kevin roose I’ve, Arati Prabhakar, arati prabhakar, Ben Buchanan, ben buchanan, casey newton Well, Dodd, Frank, I’m, kevin roose Will, You’ve, kevin roose God, kevin roose Hey, Casey, we’ve, Sarah Anderson, who’s, Emad Mostaque, Anderson, weren’t, Kevin, — casey newton, ” rebecca tushnet, rebecca tushnet, that’s, there’s, casey newton Right, I’ve, “ Barbie, “ Barbie ”, Sarah Anderson’s, rebecca tushnet It’s, Barbie, casey newton I’m, Rebecca, Westlaw, we’re, Cory Doctorow, what’s, casey newton Um, Pattie, it’s minty, Patties, Let’s, casey newton No, it’ll, casey newton That’s, KEVIN, “ Joe Biden, ’, Bruce Reed, Joe Biden, ” ‘, Reed, Camp David, Biden’s, —, kevin roose Jack, Jack, ”, Lily James, kevin roose Oh, kevin roose Ugh, kevin roose Horrible, kevin roose “ Cruise, ” “ Cruise, They’re, haven’t, casey newton Close, kevin roose It’s, Guy, casey newton I’ve, Newton Organizations: Target, Opera, The New York Times, White, White House, casey newton People, Google, casey, Science, Technology, Defense Department, Biden White House, Communications, Department of Commerce, European Union, Harvard Law, Midjourney, Copyright, Stability, Harvard Law School, Associated Press, Adobe, Starbucks, Disney, YouTube, Stetson, Media, Biden, NVIDIA, Variety, Staff, Associated, Microsoft, Guardian, General Motors, Cruise, House Locations: Washington, Bikini, Valley, OpenAI, Anthropic, Silicon Valley, Europe, America, York, They’re, Camp, Sydney, United States, California, Austin , Texas, Phoenix, Dallas , Houston, Miami, San Francisco, Franciscans

☆ Fox’s top lawyer blasts judge in Dominion case, says trial would’ve been ‘months of utter pain’
▼ + stars: | 2023-10-16 | by ( Marshall Cohen | ) edition.cnn.com time to read: +4 min

Viet Dinh, former Chief Legal and Policy Officer for Fox Corporation. Dinh said Davis issued “really illogical” rulings in the pretrial phase, which “hamstrung” Fox’s defense strategy. This artist sketch depicts Judge Eric Davis of Delaware Superior Court on the bench Monday, April 17, 2023, in Wilmington, Delaware. Elizabeth Williams/APThe judge ruled that none of Fox’s on-air statements about Dominion were true and rejected Fox’s attempts to throw the case out. Dominion made many of these messages public through court filings, and they painted an incredibly damning picture of Fox News.

Persons: CNN —, Viet Dinh, Eric Davis, ” Dinh, –, Donald Trump, Joe Biden, Fox, Dinh, Davis, ”, Eric Davis of, Elizabeth Williams, Fox’s, Tucker Carlson, “ Organizations: CNN, Fox, Dominion Voting Systems, Fox Corporation, Delaware, Harvard Law, ” Dominion, Fox News, Eric Davis of Delaware Superior Court, Dominion, Harvard Locations: Viet, Delaware, Wilmington , Delaware, Smartmatic

☆ 'It rocks my spirit.' Harvard students share their takes on the difficult week on campus.
▼ + stars: | 2023-10-13 | by ( Tim Paradis | ) www.businessinsider.com time to read: +8 min

Harvard students spoke to Insider about the controversies roiling campus. The disputes followed the terroist attack by Hamas on Israel and a letter signed by student groups. One woman told Insider people falsely accused her and her fellow Jewish students at Harvard Law School of sponsoring the truck. AdvertisementAdvertisementThe Harvard campus on October 12. First-year law studentOne first-year law student said he wished both the student groups and the Harvard administration would take a more nuanced approach.

Persons: —, Israel —, Bill Ackman, they're, who'd, it's, Tim Paradis, Eden Mendelsohn Mendelsohn, that's, Harvard, aren't Organizations: Harvard, Service, Harvard Law School Locations: Israel, Harvard

The United States Supreme Court building is seen as in Washington, U.S., October 4, 2023. The Supreme Court in 2019 forbade federal courts from intervening in cases involving gerrymandering done for partisan advantage. A group of Black voters sued to block the use of the reconfigured district. "What these plaintiffs in these cases are doing is basically bringing partisan gerrymandering claims and trying to dress them up as if they're racial gerrymandering claims," Torchinsky said. A HEAVY BURDENPlaintiffs in racial gerrymandering cases long have borne a heavy burden.

Persons: Evelyn Hockstein, Leah Aden, Jason Torchinsky, Holtzman Vogel, Nacy Mace, Torchinsky, David Gans, that's, Gans, Nicholas Stephanopoulos, John Gore, Elena Kagan, Kagan, John Kruzel, Will Dunham Organizations: United States Supreme, REUTERS, Rights, U.S, Supreme, Republican, U.S . House, Republicans, Democratic, NAACP Legal Defense Fund, Black, Constitutional, Center, South, Harvard Law, Thomson Locations: Washington , U.S, South Carolina's, Legislative, United States, Carolina's, South Carolina, Stephanopoulos, Gore

☆ CEOs call on Harvard to name students linked to statement blaming Israel for Hamas attack
▼ + stars: | 2023-10-11 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

The CEO of Pershing Square Capital Management said he wanted to ensure his company and others don’t “inadvertently hire” any students belonging to Harvard groups that signed the letter. Following a backlash to the statement, some of the student groups have since withdrawn their endorsements. Others warn that naming the students whose groups backed the statement could put the students in harms way and did not account for differences of opinion within the student groups. But Harvard President Claudine Gay issued a statement Tuesday saying “no student group – not even 30 student groups – speaks for Harvard University or its leadership.”Harvard student groups’ statementThe controversy comes in response to a joint statement released by a coalition of Harvard student groups following the attacks by Hamas that have killed more than 1,000 Israelis and at least 14 American citizens. Another Harvard student, Danielle Mikaelian, said she resigned from the board of a group that signed the statement on Israel and didn’t have a chance to read it until it was too late.

Persons: Bill Ackman, ” Ackman, don’t “, “, Jonathan Neman, Ackman, Stephen Sullivan, Claudine Gay, –, ”, ” Jake Wurzak, shouldn’t, ” Wurzak, Mohini Tangri, Tangri, Danielle Mikaelian, didn’t, ” Mikaelian, Israel “, Winston, Strawn, “ Winston, Larry Summers, Summers, Bill Clinton, ” Gay, Jonathan Greenblatt, CNN’s Kristina Sgueglia, Sabrina Shulman Organizations: New, New York CNN, Billionaire, Harvard University, Pershing, Capital Management, Harvard, Dovehill Capital Management, Forbes . Harvard University, ” Harvard, Harvard Palestine Solidarity Groups, Harvard Crimson, Harvard Undergraduate Nepali Student Association, Crimson, Harvard Law School, NYU Student Bar Association, NYU, Winston, Defamation League, ADL, Accenture, Adidas, NBA, CNBC Locations: New York, Israel, Gaza

A sign hangs on a gate of a building at Harvard University in Cambridge, Massachusetts, U.S., July 6, 2023. REUTERS/Brian Snyder Acquire Licensing RightsOct 9 (Reuters) - Prominent Harvard University alumni on Monday denounced a pro-Palestinian statement from students that blamed Israel for violence engulfing the region and urged the university to take action against the signatories. A coalition of 34 Harvard students organizations said they "hold the Israeli regime entirely responsible for all unfolding violence" following decades of occupation, adding that "the apartheid regime is the only one to blame." Harvard President Lawrence Summers, the former U.S. Treasury Secretary under Democratic President Bill Clinton and former university president, was one of several Harvard graduates to criticize the current Harvard leadership for failing to respond. Senator Ted Cruz, a Harvard Law School graduate, wrote on X: "What the hell is wrong with Harvard?"

Persons: Brian Snyder, Israel, Claudine Gay, Lawrence Summers, Bill Clinton, Summers, Elise Stefanik, Ted Cruz, Daniel Trotta, Jamie Freed 私 Organizations: Harvard University in, REUTERS, Harvard University, Monday, Harvard, Liberation, American Resistance Organization, Reuters, U.S . Treasury, Democratic, Republican U.S, Representative, Harvard Law School Locations: Harvard University in Cambridge , Massachusetts, U.S, Gaza, Israel, New York

☆ Sam Bankman-Fried's fraud trial: How Judge Lewis Kaplan has presided in FTX case
▼ + stars: | 2023-10-09 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +4 min

[1/2] U.S. District Judge Lewis Kaplan presides over the fraud trial of Sam Bankman-Fried over the collapse of FTX, the bankrupt cryptocurrency exchange, at Federal Court in New York City, U.S., October 3, 2023 in this courtroom sketch. Last year, he presided over a civil trial in which the actor Kevin Spacey defeated a sexual abuse claim. When one prospective juror said they did not understand how cryptocurrency works, Kaplan said, "You probably have a lot of company in this courtroom." Several times during the first three days of testimony, Kaplan urged defense lawyers to move more quickly as they asked prosecution witnesses questions he deemed repetitive. Before the trial began, Kaplan issued several key rulings against the defense, including excluding some of their proposed expert witnesses and barring them from making certain arguments at trial.

Persons: District Judge Lewis Kaplan, Sam Bankman, Jane Rosenberg, District Judge Lewis, levity, Kaplan, Fried, Bill Clinton, Donald Trump, Jean Carroll, Kevin Spacey, Tom Brady, David Lisner, Matt Huang, You've, Caroline Ellison's, Luc Cohen, Amy Stevens, Lisa Shumaker Organizations: U.S, District, Federal Court, REUTERS, Harvard Law School, New, Thomson Locations: FTX, New York City, U.S, Manhattan, Staten, New York

☆ Elizabeth Warren says she's worried Biden's second attempt at broad student-loan forgiveness won't hold up in the Supreme Court
▼ + stars: | 2023-10-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Insider spoke with Sen. Elizabeth Warren about the student-loan industry and return to repayment. She said she's worried about how the Supreme Court would handle Biden's new plan for broad relief. AdvertisementAdvertisementSen. Elizabeth Warren of Massachusetts was keeping an eye on the student-loan industry even before she became a lawmaker. "The Supreme Court failed to follow the explicit language of the law and turned his efforts upside down," Warren said. "I've talked to many people who were in tears over the frustrations they felt with their student-loan servicers."

Persons: Sen, Elizabeth Warren, she's, Warren, servicers, —, Elizabeth Warren of, Joe Biden's, Biden, Biden's, I've, isn't Organizations: Service, Harvard Law School, Consumer Financial, Senate, Education Department, Higher, Federal Student Aid, House Republicans Locations: Elizabeth Warren of Massachusetts, hourslong

MADISON, Wis. (AP) — A Democratic legislator from central Wisconsin announced Tuesday that she is running for U.S. Rep. Derrick Van Orden's seat next year. State Rep. Katrina Shankland, of Sevens Point, joined a crowded field of Democratic challengers in western Wisconsin's 3rd Congressional District. Van Orden, a former Navy SEAL, narrowly defeated Democratic state Sen. Brad Pfaff to flip the seat for the GOP last year after longtime Democratic incumbent Ron Kind chose not to seek reelection. Pfaff has decided not to challenge Van Orden in 2024. Van Orden was outside of the Capitol during the Jan. 6, 2021 insurrection, before he was elected to Congress.

Persons: Derrick Van Orden's, Katrina Shankland, Tara Johnson, Rebecca Cooke, Aaron Nytes, Van Orden, Sen, Brad Pfaff, Ron Kind, Pfaff, vulgarities, didn't Organizations: —, Democratic, Wisconsin, U.S . Rep, State, Congressional District, Former La, Harvard Law, Navy SEAL, GOP, Democrats, Senate, Capitol Locations: MADISON, Wis, Wisconsin's, Former La Crosse County

☆ The fate of this consumer watchdog is in the hands of the Supreme Court
▼ + stars: | 2023-10-03 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

New York CNN —On Tuesday, the Supreme Court began hearing oral arguments in a case that will determine the fate of the Consumer Financial Protection Bureau. The Supreme Court will have the final say on that, however. The consumer watchdog agency was created after the 2008 financial crisis by way of the Dodd-Frank Wall Street Reform and Consumer Protection Act. If the Supreme Court finds the CFPB’s funding structure unconstitutional, it could shutter the agency and invalidate all of its prior rulings. From listening to the case on Tuesday, though, Lynyak believes the Supreme Court will rule that the CFPB’s funding structure is constitutional.

Persons: Dodd, Frank Wall, Democratic Sen, Elizabeth Warren, Ting Shen, Wells, Sam Gilford, ” There’s, Joseph Lynyak III, Lynyak, ”, Noel Francisco, Francisco, “, Sonia Sotomayor, Amy Coney Barrett Organizations: New, New York CNN, Supreme, Consumer Financial, Bureau, Community Financial Services Association of America, Appeals, Fifth Circuit, Frank Wall Street Reform, Consumer, Democratic, Harvard Law School, Federal Reserve, Bloomberg, Getty, “, Mortgage Bankers Association, National Association of Homebuilders, National Association of Realtors, Bank of America, Court, Federal Deposit Insurance Corporation, Congressional, CNN, Dorsey & Whitney, Republican Locations: New York, New Orleans, United States

☆ Fmr. Fed Governor Daniel Tarullo: It's hard to see how mid-size banks survive in present form
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. Fed Governor Daniel Tarullo: It's hard to see how mid-size banks survive in present formDaniel Tarullo, Harvard Law School professor and former Federal Reserve Governor, joins 'Squawk Box' to discuss the Fed's inflation fight, the impact of high rates on regional banks, and more.

Persons: Daniel Tarullo Organizations: Fed, Harvard Law School, Federal Reserve

☆ I worked in the White House as an unpaid intern. The job was intense and fascinating — here's what my day looked like.
▼ + stars: | 2023-09-26 | by ( Aria Yang | ) www.businessinsider.com time to read: +10 min

Julian Sarafian is a 29-year-old former White House intern from Sacramento, California. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Julian Sarafian, a 29-year-old former White House intern from Sacramento, California. It's a 10 to 15 minute walk to the White House grounds, and I even walked there on cold and snowy days. It's the side where visitors often gather to take photos of the White House, so it was neat walking in like a VIP. They were accompanied by the White House groundskeeper and were often spotted around the grounds.

Persons: Julian Sarafian, Barack Obama, Joe Biden, —, Barack Obama's, Obama, Jason Furman, I'd, It's, wasn't, Sarafian, interning, Sunny, Yang Organizations: White, Service, UC Berkeley, UC Washington Program, of Economic Advisors, FBI, of Economic, of Economic Advisers, DC, UC Washington, Secret, Harvard Law School Locations: Sacramento , California, Washington ,, Dupont, Washington

☆ UAW strikes could make 2023 the biggest year for labor activity in nearly four decades
▼ + stars: | 2023-09-22 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

Employees who withhold their labor can face a number of consequences, including losing their job and health insurance, experts said. And employees "can never be sure their strike will be found to be an unfair labor practice strike," he cautioned. Pay and health insurance is 'a real problem'Workers who go on strike generally lose their wages, Dau-Schmidt said. Kenneth Dau-Schmidt law professor at Indiana University BloomingtonEconomic strikers typically also get their other workplace benefits, including health insurance, nixed. But, he said, "sometimes employers won't kick employees off of the health insurance right away because it escalates the conflict and almost ensures an unhappy ending."

Persons: Johnnie Kallas, Kallas, Sharon, Block, Kenneth Dau, Schmidt, Dau Organizations: Bloomberg, Getty, Cornell University's School of Industrial and Labor Relations, Labor, United Auto Workers, Employees, Harvard Law School, Center for Labor, CNBC, National Labor Relations, Indiana University Bloomington, Railway Labor Act, Workers, Railway Labor, U.S, UPS, Strikers, Indiana University Bloomington Economic

☆ Former Fed Governor Daniel Tarullo: I'm a little concerned the Fed has been 'too backward-looking'
▼ + stars: | 2023-09-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Fed Governor Daniel Tarullo: I'm a little concerned the Fed has been 'too backward-looking'Daniel Tarullo, Harvard Law School professor and former Federal Reserve Governor, joins 'Squawk Box' to discuss the Fed's latest decision to pause interest rate hikes, why he thinks the central bank is too backward-looking, the impact on the economy, and more.

Persons: Daniel Tarullo Organizations: Former, Harvard Law School, Federal Reserve

☆ Harvard Law's Sharon Block: Getting a fair contract is best both for the economy & Biden's politics
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarvard Law's Sharon Block: Getting a fair contract is best both for the economy & Biden's politicsSharon Block, Harvard Law School professor and former National Labor Relations Board member member, and Neil Bradley, U.S. Chamber of Commerce EVP and chief policy officer, join 'Squawk Box' to discuss the latest in UAW strike, what the key sticking points are for both sides, and more.

Persons: Sharon, Sharon Block, Neil Bradley Organizations: Harvard, Harvard Law School, National Labor Relations, Chamber, Commerce, UAW Locations: U.S

☆ Former NLRB member on the economic impact of the UAW strikes
▼ + stars: | 2023-09-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer NLRB member on the economic impact of the UAW strikesSharon Block, Executive Director at Harvard Law School and Former Member of the National Labor Relations Board, discusses the economic implications of the United Auto Workers strike.

Persons: Sharon Block Organizations: UAW, Harvard Law School, National Labor Relations Board, United Auto Workers

Dajabón, Dominican Republic, and Les Cayes, Haiti (CNN) When Pauline Philippe found out she was pregnant with twins, she felt a flash of happiness. "I thought about everything that could happen," Phillippe told CNN. In 2017, he unveiled a four-pronged strategy focused not only on ending impunity, but also on prioritizing victims' rights and dignity. He appointed the UN's first Victims' Rights Advocate and created a "trust fund" to support victims. Hers is the "smallest, newest and poorest" department in the UN, Connors told CNN.

Persons: Dajabón, Les, Pauline Philippe, Preval, Aristide !, Prince, Philippe's, Phillippe, Philippe, General Kofi Annan, Antonio Guterres, Jane Connors, Jokencie Jean Baptiste, Les Cayes, we're, Rosemina Joseph, Yasna Uberoi, Paula Donovan, Beatrice Lindstrom, it's, Lindstrom, Connors, decamp, Antonio Guterres hasn't, Sienna Merope, Synge, gesturing, she's, I've, Caitlin Hu, Etant Dupain, Paula Newton, CNN's Eliza Anyangwe, Eliza Mackintosh Organizations: CNN, United Nations, UN, General, Central African, moto, UN's Office, UN's, Development, Trust Fund, Democratic, Harvard Law School, Institute for Justice, Democracy, Trust, New Locations: Dominican Republic, Les Cayes, Haiti, Port, Niger, Central African Republic, Dajabón, Cap, Haiti's, Haitian, Les, Senegalese, Port Salut, Uruguayan, Democratic Republic of Congo, Liberia, New York City, Prince, South Sudan, New York, UN, Africa

☆ If a single farm produced all the food wasted in the US, it would be the size of California and New York combined. We're the culprits.
▼ + stars: | 2023-09-10 | by ( Tim Paradis | ) www.businessinsider.com time to read: +10 min

The land used to produce food that's wasted in the US totals the size of California and New York. If all that food came from a single farm, it would be about the size of California and New York combined. Some states don't allow food to be donated after the quality date has passed — another source of unnecessary food waste, advocates say. Thinking about food waste at every mealMelgar is focused on policy goals like setting standards around food-date labels because changing consumer habits can be tough. "I'm thinking about food waste every time I have a meal, every time I go grocery shopping," Melgar said.

Persons: Danielle Melgar, aren't, Melgar, Danielle, It's, Dana Gunders, Emily Broad Leib, Broad Leib, there's, Gunders, —, it's, she'd, who's Organizations: Service, Environmental Protection Agency, Food Law, Clinic, Harvard Law School, US Department of Agriculture Locations: California, New York, Wall, Silicon, Michigan, San Francisco

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