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Looney's surprise resignation came after allegations of personal relationships with company colleagues surfaced recently, prompting the company to launch an investigation. That followed allegations the board investigated in May 2022 relating to personal relationships with company employees. During that review, Looney disclosed "a small number of historical relationships with colleagues prior to becoming CEO." Looney informed BP's board on Tuesday that he did not fully disclose details of all relationships, prompting his resignation. BP shares ended up 1% before the FT earlier reported his resignation after trading closed in London.

Persons: Bernard Looney, Amr Abdallah Dalsh, Murray Auchincloss, Looney, Looney's, BP's, Bob Dudley, Anirudh, Krishna Chandra Eluri, Marguerita Choy Organizations: BP, Egypt's, Petroleum, REUTERS, BP Auchincloss, Shell, Chevron, Exxon Mobil, Morningstar, Reuters, Thomson Locations: Cairo, Egypt, London, New York, COVID, Russia, Ukraine, Bengaluru, Shadia

Michelle Lujan Grisham's emergency order suspending the right to carry firearms in public in and around Albuquerque drew an immediate court challenge from a gun-rights group Saturday, as legal scholars and advocates said they expected. The governor, a Democrat, said the 30-day suspension, enacted as an emergency public health measure, would apply in most public places, from city sidewalks to parks. The top Republican in the New Mexico Senate, Greg Baca of Belen, also denounced Lujan Grisham’s order as an infringement on the gun rights of law-abiding citizens. Levinson said she was not aware of any other governor taking a step as restrictive as Lujan Grisham. “I don’t think it will be a political loss for (Lujan Grisham) to be overturned,” Levinson said.

Persons: Michelle Lujan, Foster Haines, Lujan Grisham, ”, Jessica Levinson, Sam Bregman, Albuquerque Mayor Tim Keller, Harold Medina, Bregman, Bernalillo County Sheriff John Allen, “, ” Allen, ” Medina, Gilbert Gallegos, Levinson, ” Levinson, Dudley Brown, Greg Baca, Lujan Grisham’s, Dan Lewis, Gavin Newsom, Jacob Charles, ” Charles, ” ___ Ritter, Stern, Sonner, Rio, Morgan Lee, Terry Tang, Felicia Fonseca Organizations: New, New Mexico Gov, National Association for Gun Rights, Loyola Marymount’s Loyola Law School, Democratic, Saturday, Albuquerque Mayor, Police, Bernalillo County Sheriff, U.S . Department of Justice, Press, Republican, New Mexico Senate, Council, of Health, California Gov, Democrat, Pepperdine Caruso School of Law, Las Vegas, Associated Press, America Statehouse News Initiative, America Locations: New Mexico, Albuquerque, U.S, Los Angeles, Bernalillo County, Bernalillo, Taos County, “, Colorado, Belen, Las, Reno , Nevada, Las Vegas, Santa Fe, , New Mexico, Phoenix, Flagstaff , Arizona

Donald Trump keeps the country in suspended animation from time to time — trying to get through the current situation, waiting for the next one, without an ending, indefinitely. People are waiting to see how the Republican primaries turn out. People are waiting for another election. And four times this spring and summer, people have waited for indictments, bookings, the reactions to the indictments and bookings and, surreally, the mug shot of Mr. Trump, framed in the same box as his fellow defendants’, framed in a phone screen on iMessage or Instagram. In Fulton County, Ga., District Attorney Fani T. Willis’s indictment is the biggest yet, charging 19 people in a document aiming for the historical record and bringing them to Atlanta — the conclusion to months of indictments.

Persons: Donald Trump, Trump, ’, Fani Organizations: Republican Locations: Fulton County ,, Atlanta

☆ Opinion | I Can’t Believe I’m Saying This, but I Have Hope for Gun Reform in My State
▼ + stars: | 2023-08-21 | by ( Margaret Renkl | ) www.nytimes.com time to read: +2 min

In the context of a Republican supermajority state, these efforts reflect genuine political courage. Tennessee legislators aren’t obliged to do their governor’s bidding, or even work with him to reach a compromise, because they have the numbers to override his veto. They are not accustomed to being called on their pious declamations of thoughts and prayers, and the unusual way the aftermath of this particular mass shooting unfolded — with great swaths of Tennesseans ceaselessly demanding gun reform, week after week after week — apparently caught them off guard. Republican legislators seemed genuinely shocked at finding themselves the targets of overwhelming national opprobrium after they ejected Justin Jones and Justin Pearson, two Black members of the Tennessee House, for joining protesters in demanding gun reform. State Republican leaders called for the governor to drop his plans for a special legislative session.

Persons: aren’t, Justin Jones, Justin Pearson, Dudley Brown, Bill Lee, Governor Lee, He’s Organizations: Tennessee, Republican, Tennessee Firearms Association, National Association for Gun Rights Locations: Nashville

☆ TikTokers are scoring huge paydays from its new 'creativity program' that rewards longer videos. 7 creators reveal what they're making per month.
▼ + stars: | 2023-08-14 | by ( Shriya Bhattacharya | Dan Whateley | Jordan Hart | ) www.businessinsider.com time to read: +6 min

TikTok's new Creativity Program Beta is helping some creators earn tens of thousands of dollars. However, she earned just over $5,000 in June from the creativity program. But the creativity program is taking her earnings to a new level. Today, at nearly 2 million followers, Paris' monthly earnings from the creativity program ranged from $9,000 to $13,000. The Cordles were planning on doing the same before they saw how much they could earn through TikTok's creativity program.

Persons: Kay, Tay Dudley, Fortune, Arlene Resendiz, Resendiz, I'm, it's, It's, Zachary Newman, Devin, Hunter Cordle, she's, they'd, we've Organizations: Beta, Victoria Paris, YouTube Locations: New York, Paris

☆ The Crooked House was Britain’s wonkiest pub. Then it burned down
▼ + stars: | 2023-08-13 | by ( Caolán Magee | ) edition.cnn.com time to read: +4 min

London CNN —As the name suggests, The Crooked House, a historic pub in England’s West Midlands, had a distinctive feature. People inspect the rubble as they gather at The ruins of The Crooked House pub. Wright co-founded the “Save The Crooked House” campaign group. Instead, they found themselves in a state of near mourning, after the fire and demolition apparently dashed hopes of the pub surviving. “It’s like a death in the family,” Wright told CNN by phone.

Persons: Matthew Cooper, Dudley ’, Matt Wright, ”, they’ll, it’s, Wright, King Charles, ” Wright, Andy Street, ” Sacha Lord Organizations: London CNN —, ”, Police, Dudley, CNN, Facebook, West, Twitter, Topical Press Agency, Hulton, BBC, Altus Group, Time Industries Association Locations: England’s West Midlands, Dudley, Himley, West Midlands, England, London

☆ 7 TikTokers share how much they're earning from the app's new creativity program for longer videos, including a couple that earned $87,000 in a month
▼ + stars: | 2023-08-11 | by ( Shriya Bhattacharya | Dan Whateley | Jordan Hart | ) www.businessinsider.com time to read: +6 min

☆ Sun bear: World's smallest bear finally has its time in the sun. But is that a good thing?
▼ + stars: | 2023-08-05 | by ( Heather Chen | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —The world’s smallest bear is finally having its moment in the sun – thanks to a viral video that sparked a conspiracy theory on Chinese social media. “With all the media attention surrounding the (sun bear videos) we have a good opportunity to further educate ourselves to save this species.”Taronga Zoo is not alone. A sun bear inside at the Vietnam bear rescue centre, in Tam Dao national park, Vinh Phuc, Vietnam, 09 July 2019. Cubs are especially cute and docile and can be easily tamed compared to bigger and more aggressive bears, said bear expert Dave Garshelis, chair of the IUCN SSC Bear Specialist Group. Will the viral videos actually help save these amazing bears?

Persons: Angela, ”, Wong Siew Te, Wong, Taronga zookeeper Logan Dudley, “, ” Afiqah Nasir, Bosco Chan, ” Chan, Minh Hoang, Dave Garshelis, Thomas Stamford, Garshelis, Shao Zhenzhen Organizations: Hong Kong CNN, CNN, Sun Bear Conservation Center, Taronga Zoo, Singapore Zoo, World Wildlife Fund, Cubs, IUCN SSC Bear Specialist Group, Thomas Stamford Raffles, Singapore Locations: Hong Kong, Hangzhou, China, Sabah, Malaysia, Southeast Asia, Sydney, Australia, Vietnam, Tam Dao, Vinh Phuc, British, Indonesia, Kuala Lumpur, Singapore

Samantha Joseph’s childhood was scattered with golden trips to California to visit her Aunt Gail. Aunt Gail was the cool aunt. One day, those trips to California stopped: Aunt Gail no longer wanted to see Samantha’s family. Samantha was devastated, and several years later, she was devastated again by the news that Aunt Gail had died by suicide. Today, Samantha shares her search for answers following her aunt’s death and how a conversation with David Schwimmer helped her to heal.

Persons: Samantha Joseph’s, Gail, Aunt Gail, Robin Williams, Mayim Bialik, Samantha, David Schwimmer Organizations: “ Locations: California, Hollywood

☆ Why Cities Across the US Look the Same: Remote Work, High Home Prices
▼ + stars: | 2023-07-25 | by ( David A. Banks | ) www.businessinsider.com time to read: +15 min

The shift to remote work early in the pandemic allowed wealthy residents to ditch big cities in droves and set up shop in smaller cities and towns nearby. While the surging costs of housing and the new freedom of remote work helped trigger this mass migration, small cities have been laying the groundwork over the last decade to entice these big-city refugees. Then came the pandemic, and remote work suddenly made small cities a viable home for wealthy professionals. For the past two decades, cities have turned to an economic development strategy I've deemed "the city authentic." It spiked even more during the pandemic when change of addresses from New York City jumped a whopping 787%.

Persons: Tim Burton, —, Richard Florida, millennials, DAVID BREWSTER, downtowns, weathers, It's, Alison Roman, Chrissy Teigen, it's, restaurateurs, John Greim, Instagramable cafés, David A, Banks Organizations: Urban, New York Times, Creative, The New York Times, Industrial Development Agency, IDA, Arts, Craft, Fulton, Star Tribune, Getty, Social, Business, New York City, Neighborhood Initiative, Globalization Studies, University, Albany SUNY, UUP Locations: America, Hudson, New York City, Austin , Texas, Charlotte, North Carolina, Denver , Minneapolis, Salt Lake City, Dallas, Louisville, Connecticut, Florida, Washington, Fulton, New York, Athens, Georgia, Tulsa , Oklahoma, Arts District, Saint Paul , Minnesota, , New York, Rensselaer, Troy, Rensselaer County, Newark , New Jersey, Dudley, Boston

☆ Dudley: The economy and markets are playing a balancing act that we haven't been in for so long
▼ + stars: | 2023-07-07 | 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 EmailDudley: The economy and markets are playing a balancing act that we haven't been in for so longKatrina Dudley of Franklin Mutual Advisors discusses whether a blowout jobs report will seal the deal for another Fed rate hike this month, and highlights names in automation.

Persons: Dudley Organizations: Franklin Mutual Advisors

Having sex in a car is usually a last resort, born from the trappings of youth. But, without a private place to go to, they found themselves having sex in the back seat of the teamster’s car. Today, Susan shares how car sex turned into something deeper. Want more from Modern Love? We also have swag at the NYT Store and two books, “Modern Love: True Stories of Love, Loss, and Redemption” and “Tiny Love Stories: True Tales of Love in 100 Words or Less.”

Persons: Susan Silas, Susan, —, Anna Martin, Julia Botero, Christina Djossa, Elyssa Dudley, Hans Buetow, Sara Sarasohn, Jen Poyant, Sophia Lanman, Maddy Masiello, Rowan Niemisto, Pat McCusker, Dan Powell, Daniel Jones, Miya Lee, Mahima Chablani, Jeffrey Miranda, Renan Borelli, Nina Lassam, Julia Simon, Anna Diamond, ”

☆ Lessons from the original Industrial Revolution
▼ + stars: | 2023-06-09 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

These are brilliantly described by Martin Hutchinson, a former Breakingviews columnist, in his new book “Forging Modernity: Why and How Britain Developed the Industrial Revolution”. In fact, several pioneers of the Industrial Revolution were self-taught. The Industrial Revolution can be viewed as the world’s first successful energy transition. The task of financing the Industrial Revolution fell to banks that were scattered across the country, some 800 in all. We are so accustomed to the economic growth sparked by the Industrial Revolution that we tend to view economic expansion as pretty much inevitable.

Persons: Martin Hutchinson, King Charles I, Charles, Duke, Bridgewater, Hutchinson, Josiah Wedgwood, Trent, Samuel, Richard, Adam Smith, William Pitt the Younger, Lord Liverpool, Smith, ”, “, Adam Smith’s, Peter Thal Larsen, Oliver Taslic Organizations: Reuters, Royal Society, Industrial, Nations, Reuters Graphics Reuters, Government, Dudley, Thomson Locations: Britain, England, British, Manchester, Birmingham, Bridgewater, Mersey, Samuel Whitbread’s, West Indies, Netherlands, United Kingdom

☆ Who is Hafize Gaye Erkan, Turkey's first female central bank chief?
▼ + stars: | 2023-06-09 | by ( Karin Strohecker | ) www.reuters.com time to read: +2 min

LONDON, June 9 (Reuters) - Turkey's new central bank governor Hafize Gaye Erkan faces the tough task of alleviating a bruising cost-of-living crisis while hoping to restore investor confidence at home and abroad after years of unorthodox policymaking. Appointed on Friday, the 43-year old is the first woman at the helm of the country's central bank, taking over from Sahap Kavcioglu, who spearheaded President Tayyip Erdogan's rate-cutting drive against a backdrop of soaring inflation. Her new role makes her one of only around a dozen women currently serving as central bank governors around the world, including the likes of ECB President Christine Lagarde, Russian Central Bank Governor Elvira Nabiullina and Serbia's Jorgovanka Tabakovic. Having spent all of her professional life outside Turkey, Erkan has no formal central banking experience, making her leanings for monetary policy unclear. Kathryn Wylde, president and CEO of Partnership for New York City, a nonprofit organization where Erkan once served as a board director, says Erkan was seen as "tough, smart, and effective."

Persons: Hafize Gaye Erkan, Sahap Kavcioglu, Tayyip Erdogan's, Christine Lagarde, Russian Central Bank Governor Elvira Nabiullina, Erkan, Goldman Sachs, Mark Carney, Mario Draghi, William Dudley, Goldman, Marsh McLennan, Kathryn Wylde, Wylde, Karin Strohecker, Jonathan Spicer, Hugh Lawson Organizations: Russian Central Bank Governor, Bogazici University, Harvard Business School's, Management, Research, Financial Engineering, Princeton University, Bank of Canada, Bank of England, New York Fed, First Republic Bank, Banking, Finance, New, Thomson Locations: Sahap, Istanbul, Turkey, New York City

But in the process of jogging his memory, things got complicated, and confusing, and messy because her ex didn’t remember anything, including their breakup. He amplified or even brought out for the first time these qualities that you didn’t know you had. He didn’t know he was about to start a graduate program at Central Saint Martins or that he lived in a dilapidated warehouse in Whitechapel with a pet rabbit. tyler wetherallAnd I used the excuse that, often, he didn’t remember our conversations. tyler wetherallHe had asked — Sam had asked a friend of his why I didn’t visit more often.

Persons: anna martin Hey, it’s Anna, I’ve, Kim Cattrall, I’ll, Daniel Jones, Miya Lee, ” It’s, That’s, anna martin, ” I’m Anna Martin, we’ve, tyler wetherall, — “, anna martin Tyler Wetherall, Tyler Wetherall, ” tyler wetherall, Sam, ” anna martin, You’d, anna martin Wait, — anna martin You, anna martin You, tyler, anna martin Oh, — tyler, anna martin —, he’s, tyler wetherall Oh, anna martin Well, Tyler, ’, ‘, ‘ that’s, ’ ” anna martin, anna martin Ooh, anna martin That’s, anna martin Ugh, anna martin He’d, “, —, ” anna martin Sam, He’d, you’ll, anna martin Wow, anna martin I, tyler wetherall I’ll, we’re, Pete, Lawrence, tyler wetherall Totally, tyler wetherall It’s, anna martin Right, she’d, — Sam, she’s, he’d, anna martin It’s, tyler wetherall There’s, anna martin Sure, We’d, ” We’d, you’d, anna martin Absolutely, hadn’t Organizations: Tribeca Festival, The New York Times, Chelsea, Central Saint Martins Locations: New York, Sam, Whitechapel

☆ Backup Power: A Growing Need, if You Can Afford It
▼ + stars: | 2023-05-06 | by ( Ivan Penn | Peter Eavis | ) www.nytimes.com time to read: +1 min

“The neighborhood has lost power a whole lot, but I have not,” Ms. Dudley said. Ms. Dudley estimates that her utility bills are about $2,300 a year lower because of that investment and her geothermal system. Generator companies believe that growing electricity usage and the threat of outages will keep demand high for their products. Many people also bought generators because of severe weather, including an extreme heat wave in 2021 in the Pacific Northwest, and winter storm Uri, which caused days of blackouts in Texas and killed an estimated 246 people. “People are thinking about this,” Mr. Jagdfeld said, “in the context of the broader changes in climate and how that may be impacting not only the reliability of power but the things that they need that power provides.”

☆ Wanted: new owner to run The Crooked House, Britain's 'wonkiest pub' that's been serving pints for almost 200 years
▼ + stars: | 2023-03-18 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Ambitious buyers have the chance to own what's been dubbed the "wonkiest pub" in Britain. The Crooked House near Dudley has gone on the market at a guide price of just over $800,000. If you don't mind tilting your head a bit, The Crooked House could be the one for you. "This is a chance to own what has been called Britain's wonkiest pub and Britain's drunkest pub. A Marston's representative told The Times that The Crooked House was expected to remain as a pub under a new owner.

☆ A Senate hearing on drug trafficking shows how meaningless the world 'cartel' has become
▼ + stars: | 2023-02-26 | by ( Steven Dudley | Insight Crime | ) www.businessinsider.com time to read: +12 min

During a recent Senate hearing on fentanyl trafficking, lawmakers and officials used the word "cartel" 90 times. InSight Crime analysisA Sinaloa Cartel leadership chart from November 2015 with "El Chapo" Guzmán and two of his sons, Ivan Archivaldo and Jesus Alfredo. The Sinaloa Cartel, for instance, has at least three major poles of power, each of which is controlled by different leaders. Sinaloa cartel chief Joaquin "El Chapo" Guzman arrives in New York after his extradition in January 2017. Milgram, for instance, pointed to the DEA's laser focus on the Sinaloa Cartel and the CJNG as the path to success.

☆ U.S. composer Burt Bacharach dies at age 94
▼ + stars: | 2023-02-09 | by ( Bill Trott | ) www.reuters.com time to read: +6 min

Bacharach and David had 30 Top-40 hits in the '60s alone. I'd hear his melodies and I'd hear lyrics. I'd hear rhymes, I'd hear thoughts and I'd hear it almost immediately." Bacharach and David scored the Neil Simon Broadway musical "Promises, Promises," which won them two Tonys and a Grammy. While star performers made his songs hits, Bacharach said he also enjoyed performing himself and making a personal connection with smaller audiences.

☆ The Fed has caused a recession every time it's tried to weaken the labor market, and a 'soft-landing' of the economy is unlikely, former New York Fed chief Bill Dudley says
▼ + stars: | 2023-02-08 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The Fed has sparked a recession every time it's tries to tackle a hot labor market, former Fed official Bill Dudley said. Powell has repeatedly cited a tight labor market as to why interest rates need to remain restrictive. Dudley believes a soft-landing is unlikely, and a recession is looming in the medium-term. Prices are still well-above the Fed's 2% target, and the labor market is still hot, with the US adding a stunning 517,000 new jobs in January. That suggests the Fed needs to continue its efforts, despite having already hiked interest rates 450-basis-points to lower inflation.

Russia has opened a criminal case against a United States citizen on suspicion of espionage, the country's Federal Security Service announced Thursday. The security service did not name the individual or say whether they had been taken into custody. "The American is suspected of collecting intelligence information on biological topics directed against the security of the Russian Federation," the security service said. Russia has so far refused to release Whelan, with the seriousness of espionage charges seen as a reason why. Last week, Russia released a U.S. citizen who had crossed into its Kaliningrad exclave weeks after Moscow launched its invasion of Ukraine.

☆ Premarket stocks: Why Goldman Sachs isn't too worried about a recession
▼ + stars: | 2023-01-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

In their 2023 outlook, Goldman analysts noted that disagreement about the economic forecast abounds within their own circles. Bill Dudley, a former Goldman Sachs partner and president of the New York Fed, puts the chance of recession this year at about 70%. Goldman analysts say that even with a sour economy, they predict the 2023 investment return on the S&P 500 will most likely be between 9-12%. The Fed’s days of three-quarter-point rate hikes are behind us, said Philadelphia Federal Reserve President Patrick Harker in a blog post Friday. Better-than-expected price data shows that the Fed’s aggressive and economically painful rate hikes are successfully slowing the economy and fighting inflation, he said.

☆ Russia releases U.S. Navy veteran into Poland
▼ + stars: | 2023-01-12 | by ( ) www.nbcnews.com time to read: +2 min

Russia on Thursday released a U.S. citizen who had crossed into its Kaliningrad exclave in the first weeks of Moscow’s invasion of Ukraine last February, former U.S. Ambassador to the United Nations Bill Richardson, who met the man at the border in Poland, said in a statement. U.S. Navy veteran Taylor Dudley, 35, was backpacking in Europe when he crossed the Polish-Russian border in April, Jonathan Franks, a lawyer who represents families of Americans detained overseas, said in an email to reporters. Dudley’s circumstances while in Russia were unclear and his case had not been previously publicized. Kaliningrad is a Russian province sandwiched between Poland and Lithuania and is the headquarters of the Russian navy’s Baltic Fleet.

U.S. Navy veteran Taylor Dudley, 35, was backpacking in Europe when he crossed the Polish-Russian border in April, Jonathan Franks, a lawyer who represents families of Americans detained overseas, said in an email to reporters. Dudley's circumstances while in Russia were unclear and his case had not been previously publicized. "The negotiations and work to secure Taylor’s safe return were done discreetly and with engagement on the ground in both Moscow and Kaliningrad and with full support from Taylor’s family back in the United States," the Richardson Center said. A U.S. embassy representative in Warsaw was also present at Dudley's release, according to Franks, and the Richardson Center thanked U.S. officials, as well as businessman Steve Menzies, for helping secure Dudley's return. Kaliningrad is a Russian province sandwiched between Poland and Lithuania and is the headquarters of the Russian navy's Baltic Fleet.

☆ Here's why investors can expect returns in the S&P 500 this year after 2022's stock market bloodbath.
▼ + stars: | 2023-01-04 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

This time last year, the S&P 500 was coming off its all-time closing high, which had arrived on 2022's first day of trading. It's only happened four times, but when the S&P 500 sees back-to-back losing years, the second is always worse. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 2, 2020. And if you look at Bank of America's Sell Side Indicator, a year in the green for the S&P 500 seems to be in the cards. Morgan Stanley just revamped a nine-stock list that's beaten the S&P 500 by 18% over time.

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