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Jennifer Weisselberg is the former daughter-in-law of Allen Weisselberg, who served as the chief financial officer for the Trump Organization and was convicted of tax fraud earlier this year. Eviction proceedings against Jennifer Weisselberg began in October 2020 with Allen Weisselberg listed as her guarantor. But over the next few months — as Jennifer Weisselberg began speaking publicly with the media about the Trump Organization — the lawsuit against Jennifer and Allen Weisselberg shifted, according to The Nation. In March 2023, Jennifer Weisselberg signed a settlement agreement to pay back half the rent she owed and move out. AdvertisementAdvertisementJennifer Weisselberg told The Nation she believed speaking out against the Trump Organization would help her get her kids back.
Persons: Jennifer Weisselberg, Allen Weisselberg, , it's, Jennifer, Barry Weisselberg, Donald Trump, Allen Weisselberg's, Barry Weisselberg didn't, Jennifer Weisselberg's, Allen, Barry Organizations: Trump Org, Service, Trump Organization, The, Trump Organization —, York County Civil, Court, Bellevue Hospital Locations: York County, Florida, Manhattan
Homebuyers put down an average of 13.8% of the home price in 2023, according to a Realtor.com analysis of the 150 largest real estate markets for the quarter ending in September. Here's a look at the 15 most expensive real estate markets, based on the median cost for a typical down payment on a home. In Killeen, Texas, median down payment is only $2,182. This includes Fayetteville, North Carolina; Shreveport, Louisiana; and El Paso, Texas, where median down payments are $5,000 or less. U.S. Department of Agriculture loans also require no down payment, which might lead to low down payments in relatively rural areas.
Persons: Homebuyers, That's, Freddie Mac, Warren Buffett Organizations: PMI, Santa, Thousand Oaks, Seattle, Boston, Cambridge, Fort, Stamford -, U.S . Department of Veterans Affairs, U.S . Department Locations: California, U.S, San Jose, Sunnyvale, Santa Clara , California, Francisco, Oakland, Berkeley , California, Santa Maria, Santa Barbara , California, Angeles, Long, Anaheim , California, Santa Rosa, Petaluma , California, Oxnard, Ventura , California, Tacoma, Bellevue , Washington, Diego, Chula Vista, Carlsbad , California, Newton , Massachusetts, New Hampshire, Fort Collins , Colorado, Sacramento, Roseville, Folsom , California, Naples, Marco Island, Florida, York, Newark, Jersey City , New York, New Jersey, Pennsylvania, Portland, Vancouver, Hillsboro , Oregon, Washington, Bridgeport, Stamford, Stamford - Norwalk , Connecticut, U.S . California, Killeen , Texas, Killeen, Fayetteville, North Carolina, Shreveport , Louisiana, El Paso , Texas
Richemont brands 'satisfied' with Farfetch technology
  + stars: | 2023-11-10 | by ( ) www.reuters.com   time to read: +2 min
The logo of the luxury goods company Richemont is pictured at its headquarters in Bellevue near Geneva, Switzerland, June 2, 2022. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsPARIS, Nov 10 (Reuters) - Richemont (CFR.S) labels are moving ahead with the transfer of their online businesses to Farfetch (FTCH.N) technology, which they are satisfied with, executives at the Swiss-based group said Friday. The adoption of Farfetch technology to run the online business of Richemont labels is part of a wider agreement for Richemont to sell a 47.5% stake in YNAP in exchange for more than 50 million Farfetch shares, announced in August 2022. "Everything we expected in terms of technology from our Farfetch friends, they've delivered," Richemont chairman Johann Rupert told analysts on an earnings call. Farfetch shares have fallen by more than 60% in the past six months.
Persons: Denis Balibouse, Richemont, they've, Johann Rupert, Bernstein, Mimosa Spencer, Kirsten Donovan Organizations: REUTERS, Rights, Thomson Locations: Bellevue, Geneva, Switzerland, Swiss, Richemont's, U.S, YNAP, Farfetch
T-Mobile's nationwide standalone 5G network helps power these efforts. The common thread of these varied scenarios might surprise you: 5G, the "fifth generation" of wireless network technology. T-Mobile is the only provider of a standalone nationwide 5G network, putting it in a prime position to shake up that paradigm in the US. Uses for all industriesT-Mobile's 5G technology can be applied across all industries, for an ever-expanding number of use cases. Find out more about how T-Mobile's 5G technology is powering change across industries.
Persons: , Parvin Mahajan, Mahajan, Heather Nelson, Rod Laver, Will Townsend, Organizations: Mobile, Children, Boston Children's Hospital, Drivers, Infosys, Rod Laver Arena, Insider Studios Locations: Bellevue , Washington
Jeff Bezos is leaving Seattle for Miami
  + stars: | 2023-11-03 | by ( Michael Nam | Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —Jeff Bezos is leaving the city where it all began for him. The Amazon founder announced on Instagram that he’s relocating from Seattle, where he has lived since 1994, to Miami. He explained that his parents recently moved back to Florida, where he and his family lived when he was younger, and that he wants to be closer to them. “I’ve lived in Seattle longer than I’ve lived anywhere else and have so many amazing memories here,” Bezos wrote. “I want to be close to my parents, and Lauren and I love Miami,” Bezos added, noting his fiancée Lauren Sánchez, who works closely with him on philanthropic projects.
Persons: Jeff Bezos, “ I’ve, I’ve, ” Bezos, Bezos, , Lauren, Miami, Lauren Sánchez, “ We’re, ” Sánchez, Carl Icahn, Tom Brady Organizations: New, New York CNN, Amazon, Origin, CNN, Bloomberg, , NFL, Washington’s Locations: New York, Seattle, Miami, Florida, Bellevue , Washington, Cape Canaveral, , Biscayne Bay
Amazon founder Jeff Bezos announced on Thursday he is moving to Miami from Seattle. Bezos said he's moving to be closer to his parents and Blue Origins' operations in Cape Canaveral, Florida. Last month, Bezos snapped up a seven-bedroom mansion in Indian Creek, Florida, for $79 million. AdvertisementAdvertisementAmazon founder Jeff Bezos is moving to Miami, Florida, just three weeks after snapping up a seven-bedroom mansion on a small private island in Biscayne Bay. Bezos' move from Seattle is significant because Amazon transformed the city into a tech hub, since opening its Seattle headquarters.
Persons: Jeff Bezos, Bezos, , I've, Insider's Hannah Towey, Carl Icahn, Jared Kushner, Ivanka Trump Organizations: Service, Bloomberg, Zillow Locations: Miami, Seattle, Cape Canaveral , Florida, Indian Creek , Florida, Miami , Florida, Biscayne Bay, Bellevue , Washington, New York
Jeff Bezos, who founded Amazon out of his Seattle garage in 1994, is leaving the city and moving to Miami to be near his parents and his space company Blue Origin. It was there that Bezos in 1995 launched Amazon as an online bookseller, before transforming the company into a retail and cloud computing giant. "I've lived in Seattle longer than I've lived anywhere else and have so many amazing memories here," Bezos wrote. Amazon's rapid growth reshaped Seattle, particularly its South Lake Union area, where the company's headquarters sits. Bezos recently spent $150 million for two adjoining properties in Miami's Indian Creek Village, often referred to as the "billionaire bunker."
Persons: Jeff Bezos, Bezos, I've, Andy Jassy, Temu Organizations: Seattle, Origin, Amazon, Earth Fund, Washington Post Locations: Miami, Seattle, Bellevue , Washington, South Lake Union
Under a push to spend more on immunology and inflammation drug development, the company abandoned a target for a 32% operating profit margin for 2025 to focus on "long-term profitability". EPS would see a strong rebound in 2025 but not enough to sustain the previous margin target. CONSUMER STAND-ALONECEO Hudson said the core innovative drugs business had improved enough to soon do without the more predictable cash flows from consumer products. The logo of French drugmaker Sanofi is seen a the Sanofi Genzyme Polyclonals in Lyon, France, September 30, 2023. The timing of the potential consumer listing, which Sanofi said would be in the fourth quarter of 2024 or later, would be set to maximize shareholder value.
Persons: Hudson, Sanofi, drugmaker, Paul Hudson, Terence McManus, Johnson, we've, Gonzalo Fuentes, Roche, Dupixent, Ludwig Burger, Sherry Jacob, Phillips, Mark Potter, Sharon Singleton Organizations: Sanofi, Bellevue Asset Management, Reuters, Barclays, Johnson, GSK, Pfizer, Bayer, Polyclonals, REUTERS, Provention, Merck & Co, Thomson Locations: France, Bellevue, Lyon, Paris
Chesnot | Getty ImagesSanofi stock plunged on Friday, wiping 20 billion euros ($21 billion) off its market value, after it abandoned its 2025 profit target under a plan to list its consumer healthcare business to focus on its core innovative drugs business. Under a push to spend more on immunology and inflammation drug development, the company abandoned a target for a 32% operating profit margin for 2025 to focus on "long-term profitability." Sanofi shares trade at a 12 month forward price-to-earnings ratio of 11, a discount to AstraZeneca's 16 and global pharma index of 17, according to LSEG data. Bayer, led by a new CEO since June, has faced calls by several investors to split off its consumer business. EPS would see a strong rebound in 2025 but not enough to sustain the previous margin target.
Persons: Sanofi, drugmaker, Paul Hudson, Terence McManus, Kenvue, Johnson, Bayer Organizations: Chesnot, Getty, Sanofi, Bellevue Asset Management, Reuters, Barclays, Johnson, GSK, Pfizer Locations: Gentilly, Paris, France, Bellevue
SEATTLE (AP) — Washington Attorney General Bob Ferguson's long-running legal case against the thrift store chain Savers Value Village turned out to be no bargain, as the state has been ordered to pay the company nearly $4.3 million in legal fees. King County Superior Court Judge David Whedbee issued the award on Tuesday, eight months after the state Supreme Court unanimously rejected the attorney general's claims that marketing practices by the thrift store chain were deceptive. “Defending and fully prevailing in this lawsuit was burdensome and costly,” Richard Medway, Savers Value Village general counsel, said in an emailed statement. Savers Value Village paid $580 million to charitable partners globally in the five years ending in 2022 and kept 3.2 billion pounds of goods out of landfills, the company said. Two of the major charities it works with in Washington — Northwest Center, which supports people with disabilities, and Big Brothers Big Sisters of Puget Sound — had urged the attorney general’s office to drop the case.
Persons: Bob Ferguson's, David Whedbee, general's, Richard Medway, Ferguson —, , Puget Sound —, Ferguson's, Whedbee, Brionna, Aho Organizations: SEATTLE, Democrat, Value, Center, Big Brothers, Puget Sound Locations: King, Bellevue , Washington, U.S, Canada, Australia, Washington —
New York CNN —Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring efforts. Over the past six years, Rite Aid has tallied nearly $3 billion in losses. in Costa Mesa, California139 North Grand Ave. in Covina, California20572 Homestead Road in Cupertino, California24829 Del Pradoin Dana Point, California7859 Firestone Blvd. in Yorba Linda, California25906 Newport Road in Menifee, California1600 North Main St. in Meridian, Idaho5808 Ritchie Hwy. in Mill Creek, Washington601 South Grady Way in Renton, Washington2707 Rainier Ave. in South Seattle, Washington– CNN’s David Goldman contributed to this story
Persons: Del, Dana, Glen, Ephraim Ave, Arnold St, Nicholas Ave, Reed, Washington – CNN’s David Goldman Organizations: New, New York CNN — Rite, Real Estate Partners, Rite Aid, Amazon, Walmart, Target, Costco, Aid, Solutions, SEC Alabama, Valley, Firestone, Alvarado St, Fulton, Yorba, Bel Air, Pulaski, Garfield, Main St, Clinton St, Michigan, Whittemore St, Hamilton St, Sunrise, Elmwood, New Carlisle , Ohio Euclid, Gettysburg, Medford, 9th St, Liberty, Eisenhower, Stevenson, 5th St, Reed St, Oxford, 63rd, Brighton, East Central, St, Evergreen, Grady Locations: New York, California, Maryland, Michigan, New Jersey, Ohio, Oregon, Pennsylvania, Washington, Alabama, Idaho, Pike, Monroeville , Alabama, Alhambra , California, Bellevue, Atwater , California, Costa Mesa , California, Covina , California, Cupertino , California, Dana Point , California, Downey , California, Irvine , California, La Mirada , California, Laguna Niguel , California, South Centinela, Los Angeles , California, Alvarado, Monterey , California, St, Ramona , California, Fulton Ave, Sacramento , California, Santa Cruz , California, Yorba Linda , California, Menifee , California, Main St, Meridian , Idaho, Baltimore , Maryland, Bel Air , Maryland, Elkton , Maryland, Glen Burnie , Maryland, Gratiot, Clinton Township , Michigan, Detroit , Michigan, Farmington Hills , Michigan, Fremont , Michigan, Clinton, Grand Ledge , Michigan, Jackson , Michigan, Macomb , Michigan, U.S, Manistee , Michigan, Redford , Michigan, Shelby Township , Michigan, St . Johns , Michigan, Centerville, Sturgis , Michigan, Taylor , Michigan, Wixom , Michigan, Berlin , New Hampshire Grove St, Peterborough , New Hampshire, Browns Mills , New Jersey, Camden , New Jersey, Lumberton , New Jersey, Bridgeton Pike, Mantua , New Jersey, Mullica Hill , New Jersey, Edinburg, Robbinsville , New Jersey, Hamilton, Somerset , New Jersey, Williamstown , New Jersey, Bay Shore , New York, Buffalo , New York, Copiague , New York, East Northport , New York, Floral, , New York, Jamaica , New York, Elmwood Ave, Kenmore , New York, Hempstead, Levittown , New York, Patchogue, Yaphank, Medford , New York, New York , New York, Port Jefferson , New York, Sayville , New York, Smithtown , New York, West Patchogue , New York, New Carlisle , Ohio, Strathmore, East Cleveland , Ohio, Dayton , Ohio, Cleveland , Ohio, Medford , Oregon, Cully, Portland , Oregon, 9th, Chester , Pennsylvania, Coraopolis , Pennsylvania, Erie , Pennsylvania, Greensburg , Pennsylvania, Hanover , Pennsylvania, New Castle , Pennsylvania, New Kensington , Pennsylvania, Pennsburg , Pennsylvania, 5th, Philadelphia , Pennsylvania, Venango St, 63rd St, Pottsville , Pennsylvania, Rochester , Pennsylvania, East Central Ave, Titusville , Pennsylvania, White Haven , Pennsylvania, Bellevue , Washington, Bellingham , Washington, Blaine , Washington, Covington , Washington, Everett , Washington, Lynnwood , Washington, Mill Creek, Renton , Washington, Rainier, South Seattle
Rite Aid filed plans to close 154 stores on Monday as part of its Chapter 11 bankruptcy. Rite Aid is the smallest of the three major drugstore chains, well behind CVS and Walgreens. Rite Aid was expected to close stores as part of its bankruptcy. Rite Aid told Insider that it considers a variety of factors when deciding to close a store, "including business strategy, lease and rent considerations, local business conditions and viability, and store performance." "We will also strive to transfer associates to other Rite Aid locations where possible," the company said.
Persons: , Glen, Taylor, Daniel Webster, Merrick, William Penn, Redmond, Lacey Organizations: CVS, Walgreens, Service, Pennsylvania . Rite Aid, Wall Street Journal, Rite Aid, Rite, Crenshaw, Hollywood Way, San, Niguel, Yorba, Santa, Thompson Boulevard, Ventura, Atwater, Overland, Meridian, Main, Bel, Bel Air South, Park, Main Street, Lafayette, Garfield, Garden, Ford, Flint, Farmington, Whittemore Street, New Jersey :, Marshall, Bridgeton Pike, Whiting, Pike, Huntington, Jericho Turnpike, Jeff, North Street, Cesar, Chavez, Pennsylvania, Stevenson, Bethel, Union, Allentown, Fourth Street, Fifth, Washington Lane, Street, Central Avenue, Grady, Everett Locations: California, New York, Pennsylvania, Los Angeles, Rock, Centinela, Downey, Beach, Burbank, Hollywood Way Covina, Puente, Alhambra, Oceanside, San Diego, Yorba Linda, Santa Ana, Thompson, Thompson Boulevard Oxnard, Cupertino, Santa Clara, Cruz, Bellevue, Sacramento, Boulevard Ontario, Irvine, Monterey, Alvarado Street Connecticut, Bethel, Greenwood, Delaware, Newark, Hill, Wilmington, Idaho, Boise, Maryland, Elkton, Pulaski, Baltimore, Glen Burnie, Baltimore Annapolis Boulevard Massachusetts, Webster, Main Street Michigan, Fremont, Greenville, Clinton, Macomb, Sturgis, Centerville, Clinton Township, Gratiot, Shelby Township, Dyke, Jackson, Michigan, Manistee, Garden City, North, Detroit, Farmington Hills, St, Johns, Whittemore Street Lansing, Hampshire, Merrimack, New Jersey, New Jersey : West Milford, Mantua, Bridgeton, Irvington, Somerset, Williamstown, Pike New York, Brooklyn, Shore, Merrick, East Northport, Jericho, Jericho Turnpike Medford, Patchogue, West Patchogue, Kenmore, Rochester, Flushing, Levittown, Ohio, Massillon, East New Carlisle, Dayton, Youngstown, Springfield, North Street Bellefontaine, Oregon, Portland, Kensington, Brighton, Bethel Park, Pittsburgh, Greensburg, Bethlehem, Fourth Street Philadelphia, Venango, Washington, Conshohocken, Hanover, Mechanicsburg, Erie, Abington, York, Johnstown, Ardmore, Lancaster, Pittston, Wyoming, Yardley, Chester, Street Titusville, Central Avenue Virginia, Chesapeake, Pleasant, Seattle, Graham, Renton
Microsoft said the new tools will help eliminate the "time-consuming" process of searching through these sources one by one. He said consolidating disparate data will ultimately help health systems improve care and see more patients. "The current state of technology and Microsoft Fabric and Azure and generative AI, all of that, it's going to change the way we live. And it's probably one of the best shots that we have to solve some of the biggest problems we have within health care," he said. Zoom In Icon Arrows pointing outwards Microsoft's new patient timeline modelNew Azure AI health tools
Persons: Satya Nadella, Stephen Brashear, Arthur Health, Doug King, King Organizations: Getty, Microsoft, Deloitte, Northwestern Medicine, Arthur, CNBC Locations: Bellevue , Washington, Las Vegas, Northwestern
"I'm very, very lucky because I wouldn't have had the courage to go and do that acquisition, but I give all the credit in the world to Dave Clark," Petersen said. "There's a perfect complement of skill sets," Petersen told Forbes in June 2022. Petersen told Clark he should engage with Shopify's team, according to a person with direct knowledge of the negotiations. Clark, Petersen and Wagers met in Texas in mid-August to fine-tune the forecasts. Flexport told CNBC that an employee's politics are not relevant in personnel decisions.
Persons: Dave Clark, Ryan Petersen, he'd, Petersen, Clark, excoriated Clark, we've, Clark wasn't, Jeff Bezos, It's, Flexport, Clark overspent, Flexport's, He'd, Sanne Manders, Dave, Shopify, Tobias Lutke, Lutke, Shopify's, glanced, didn't, Fund's Trae Stephens, Michael Ronen, SoftBank, Andreessen Horowitz, Bob Swan, Samyukta Lakshmi, Kenny, Stuart Leung, pare, Leung, , Lindsey Wasson, Clark's, Stephens, Peter Thiel, Trump's, Petersen's, Sen, Joe Manchin, Chris Ferro, Ferro, Parisa Sadrzadeh, couldn't, Amazon, Sadrzadeh, Burak Yolga, Yolga, Nelly Organizations: North, Amazon, Twitter, CNBC, UPS, FedEx, Milken Institute Global Conference, Bloomberg, Getty, Forbes, Deliverr, Shopify's, Anduril Industries, Intel, Intel Corp, U.S ., Clark, Republican, Founders Fund, Democratic, Street Journal, Flexport Locations: Phoenix, Silicon, Clark, Beverly Hills , California, U.S, Flexport, Deliverr, Miami, Flexport's Bellevue , Washington, Bengaluru, India, Flexport's, Asia, U.S . West Coast, Texas, Ohio, Arizona, Thiel's, West Virginia, Seattle, integrations
Ms. Tremain tends to hear from people after they’ve quit their jobs and received a letter from their former employer stating that they owe money for training. Employers see T.R.A.s as a way to improve retention and prevent paying for training employees who then leave soon after. Dan Pyne, a lawyer with Hopkins & Carley, a law firm in Silicon Valley, who has written T.R.A.s and represented employers enforcing T.R.A. The other group is employers looking to help employees gain new skills that will serve them later on in their careers. “When the training is required by the employer, that is the employer’s cost of doing business, and they can’t force the employee to bear that cost or to reimburse that cost,” Mr. Pyne said.
Persons: Tremain, they’ve, “ It’s, , Dan Pyne, Carley, Mr, Pyne, Oh Organizations: Employers, Hopkins Locations: Silicon Valley, California, Bellevue, Wash
Jhumpa Lahiri and Me
  + stars: | 2023-09-18 | by ( Vauhini Vara | More About Vauhini Vara | ) www.nytimes.com   time to read: +3 min
Yet lately it has occurred to me that Lahiri came of age in circumstances very different from mine or Sathian’s. In an essay Lahiri later wrote about the state, she said that her family “didn’t fundamentally belong” there, recounting that her mother once received nine pieces of racist hate mail while working at the elementary school Lahiri had attended. By the 2000 census — the year Lahiri won her Pulitzer — the number of Indian immigrants in the United States had increased 20-fold since 1970. In my mid-20s, after that conversation with Jenny, I decided to write about Indian Americans again. I also started writing the stories that appear in my new collection, “This Is Salvaged,” featuring Indian Americans in multicultural communities.
Persons: Lahiri, forbearance, Jeff Bezos, Satya Nadella, Jenny, King Rao, Organizations: Indian, Microsoft Locations: Rhode, United States, Rhode Island, Saskatchewan, Canada, Seattle, Bellevue, Mall, American, Panamanian, India,
When Greg Whiteley was 19 he ventured from his hometown, Bellevue, Wash., to spread the word of the Mormon Church on Navajo reservations in the Southwest. At first he would come in hot, as the kids say, eager to knock on doors and proselytize. “Frequently the thing I’d ask was, ‘Do you have time to hear a message about Jesus Christ today?’” he recalled during a video interview earlier this month from his Southern California home. “I was amazed at how quickly people would disclose the most vulnerable things at a doorstep within 90 seconds of meeting them,” Whiteley said. He didn’t realize it at the time, but he was preparing himself for a successful career as a documentary filmmaker.
Persons: Greg Whiteley, Jesus Christ, , , ” Whiteley Organizations: Mormon Locations: Bellevue, Wash, Southern California
REUTERS/Lucas Jackson/File Photo Acquire Licensing RightsSept 7 (Reuters) - The private equity owners of EagleView Technologies are exploring a sale of the provider of aerial imagery and data analytics services that could value it at about $2 billion, including debt, according to people familiar with the matter. EagleView generates about $300 million in revenue and 12-month earnings before interest, taxes, depreciation, and amortization (EBITDA) of $165 million, the sources said. In 2018, Clearlake bought a significant stake from Vista, becoming an equal owner in EagleView. Bellevue, Washington-based EagleView Technologies is a provider of software that can be used to measure rooftops with satellite images from the sky, mainly used by insurance companies to make more accurate decisions. The company is utilizing a vast library of images and its patented 3-D measurement software to provide software tools to customers in industries such as insurance, construction, government and public utilities.
Persons: Lucas Jackson, William Blair, Rothschild, EagleView, Vista, Clearlake, Milana Vinn, Marguerita Choy Organizations: New York Fire Department, FDNY, FDNY's, Center, REUTERS, EagleView Technologies, Vista Equity Partners, Clearlake, Co, Vista, Technologies, Thomson Locations: New York, EagleView, Vista, EagleView . Bellevue , Washington
The rivalry game between Iowa and Iowa State always ratchets up the intensity of both fan bases every year, even if the two programs are unranked as they are this season. Five Iowa State players who were projected to be starters before the season are suspended. Other football players are suspended as the two schools head into their 70th overall meeting in a series that began in 1894. Iowa State quarterback Hunter Dekkers, running back Jirehl Brock, offensive lineman Jacob Remsburg, tight end DeShawn Hanika and defensive lineman Isaiah Lee were charged. Both teams won their openers last week, and the absences of the suspended players did not appear to make an impact.
Persons: Ames, Donald Trump, , Kirk Ferentz, , Tom Stawniak, Stawniak, Max Urick, ” Stawniak, Garrett Yager, You’ve, Hunter Dekkers, Jirehl Brock, Jacob Remsburg, Isaiah Lee, Noah Shannon, Michele Wiggins, ” Wiggins, there’s, Schultz, John Albeck, Nick Allman, they're, John Bohnenkamp Organizations: Iowa State, Five Iowa State, NCAA, Hawkeyes, ” Iowa’s, Criminal Investigations, Iowa, Cyclones, Associated Press, AP Locations: Iowa, ” Iowa, Urbandale , Iowa, Bellevue , Nebraska, Omaha , Nebraska, Omaha, Iowa City
[1/3] A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. It highlights the challenge Novo and rivals face in convincing European governments to pay for obesity drugs, which analysts say is likely to slow their take-up there. Germany's health ministry told Reuters there were no plans to change the law to cover weight loss drugs. DIFFERENT PICTUREIn the United States, the federal Medicare health plan for older Americans is prohibited from covering weight-loss drugs. Many health plans paid for by large employers will cover Wegovy, although they may require that patients try a rigorous diet programme or cheaper drugs first.
Persons: Jim Vondruska, Wegovy, Martin Merkel, Merkel, Duane Mellor, Novo, Lars Fruergaard Jorgensen, Michael Wirtz, Terence McManus, Phil McEwan, they've, McEwan, Patricia Weiss, Josephine Mason, Catherine Evans Organizations: REUTERS, Novo Nordisk, Wegovy, Europe's, pharma, European Union, Endocrinology Society, Aston University in, Reuters, Bellevue Asset Management, Barclays, Thomson Locations: Chicago , Illinois, U.S, Germany, FRANKFURT, Aston University in Birmingham, England, Wegovy, Europe, Danish, Berlin, Norway, Denmark, Britain, United States, Switzerland, Bellevue, EU, Cardiff , Wales, Frankfurt
Financial services company Bankrate ranked the best and worst cities for young professionals. Austin, Texas, took the top spot and ranked highly for year-on-year job growth. Bankrate, a financial services company, put together a list of the best and worst cities for professionals who are just starting out. The city is known as "Silicon Hills" and serves as a base for major companies such as Elon Musk's Tesla. Some of the worst cities to launch a career were Birmingham, Memphis, and New Orleans, the study found.
Persons: , Alex Gailey, Austin, Elon Musk's Tesla, Musk, Franklin Nashville , Tennessee Michael Warren, Cary, DANIEL SLIM, Bellevue Seattle , Washington spotmatik Organizations: Financial, Bankrate, Service, Elon, Birmingham, Nashville, Davidson, Franklin, Getty, Raleigh, Austin, Georgetown Locations: Austin , Texas, Texas, California, Memphis, New Orleans, Murfreesboro, Franklin Nashville , Tennessee, Cary Raleigh , North Carolina, Salt Lake City Salt Lake City , Utah, AFP, Seattle, Tacoma, Bellevue Seattle , Washington
NEW YORK, June 20 (Reuters) - Savers Value Village (SVV.N) said on Tuesday it aims to raise up to nearly $320 million for an initial public offering that would value the U.S. thrift store operator at about $2.7 billion. Savers Value Village, owned by private equity firm Ares Management Corp (ARES.N), plans to sell up to 18.8 million shares at $15 to $17 apiece, regulatory filings showed. Based in Bellevue, Washington, Savers Value Village is one of the largest retailers of secondhand clothing, books, toys, shoes and household goods, with 317 stores in the United States and Canada. Revenue totaled $1.44 billion in 2022, up 19% from the prior year, while net income was flat at $84.7 million. Ares Management will retain an 88% stake in Savers Value Village after the IPO.
Persons: Morgan, Jefferies, Goldman Sachs, Chibuike Oguh, Lance Tupper, Richard Chang Organizations: YORK, Energy, Kodiak Gas Services, reinsurer Fidelis Insurance Holdings, Ares Management Corp, Revenue, Management, Canada's, Norges, Investment Management, J.P, UBS, underwriters, New York Stock Exchange, Thomson Locations: Cava, Bellevue , Washington, United States, Canada, Canada's Ontario, New York
But one of its most distinct offerings is much simpler: A stand for distributing free bananas. On Thursday, during the ribbon-cutting for Metropolitan Park, the first phase of the new Virginia headquarters, the bananas were free to Amazon employees and visitors, including Virginia Gov. The idea came from Amazon founder and former CEO Jeff Bezos, who wanted to offer a free snack that was healthy and didn't come heavily packaged, Amazon told Insider. Bananas have another advantage, Amazon told Insider: You don't need to wash them before taking a bite. A banana stand also popped up temporarily at Washington DC's Union Station in 2017 as the company was facing increasing criticism from Congress, according to the New York Times.
Persons: Amazon's, Jeff Bezos, , Glenn Youngkin Organizations: Service, Metropolitan Park, Virginia Gov, Amazon, Amazon's HQ2, Metropolitan, Washington City Business, ., Washington DC's, New York Times, Business Locations: Arlington , Virginia, Virginia, Arlington, New York City, Seattle, Bellevue, Nashville, Tokyo, Washington, DC's NoMa
Alexander Sway once made a pine cone for fun. The Bellevue, Wash., real-estate agent stumbled upon a particularly beautiful specimen one day while on a walk, and was inspired to make a cardboard replica of it. He taught himself three-dimensional design and learned to use a 3-D printer and laser cutter at his local library. He turned the finished pine cone into a lampshade.
Persons: Alexander Sway Locations: Bellevue, Wash
This week, Amazon formally opened the doors of the first part of its new East Coast headquarters, dubbed HQ2, in northern Virginia. It raises the question why Amazon, with its sprawling campus in Seattle and a growing real estate footprint globally, needed to build a second headquarters. HQ2 has some of the same quirks as Amazon's Seattle campus. The towers feature plant-filled terraces and a rooftop urban farm that echoes the feel of the "Spheres," botanical gardenlike workspaces that anchor Amazon's Seattle office. Amazon's HQ2 features some of the same quirks as its Seattle headquarters, like a community banana stand.
Persons: Jeff Bezos, John Schoettler, Schoettler, John, Glenn Youngkin, Tasha Dooley, Bezos, Holly Sullivan, Sullivan, HQ2, wouldn't Organizations: Amazon, Microsoft, Puget, Seattle, Metropolitan Park, Companies, Employees Locations: Coast, Virginia, Arlington, Seattle, Redmond , Washington, HQ2, North America, New York's Long Island City, Crystal City, Arlington , Virginia, Long Island City, Nashville , Tennessee, Bellevue, There's
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