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☆ Winners and Losers From the Third Republican Debate - The New York Times
▼ + stars: | 2023-11-09 | by ( New York Times Opinion | ) www.nytimes.com time to read: +13 min

Welcome to Opinion’s commentary for the third Republican presidential debate, held in Miami on Wednesday night. The debate didn’t answer the question of whether she can really cut into DeSantis’s more conservative bloc of support. He deserves praise for his substantive, competent answers, but there’s not much of a market for that in the Republican primaries. In a debate dominated by a neoconservative revival, Ramaswamy — in both style and substance — was the only Trumpist on the stage. primary voters relished his attacks on the Republican National Committee and the debate moderators.

Persons: Jamelle, Nikki Haley, Haley, Gail Collins, Michelle Cottle, yapping, Ross Douthat I’m, Ramaswamy, David French Neoconservatism, Sarah Isgur, Sarah Longwell, DeSantis, Daniel McCarthy, Dick Cheney, —, Haley couldn’t, Ron DeSantis, Donald Trump, There’s, Ross Douthat, he’s, David French, He’s, Vivek Ramaswamy, Sarah Isgur DeSantis, Sarah Longwell DeSantis, Kim Reynolds, Jamelle Bouie Chris Christie, It’s, David French Christie, Trump, Christie isn’t, Sarah Isgur It’s, Christie —, Christie, there’s, Bouie, Tim Scott, Scott, I’ve, we’re, David French I’m, Reagan, platitudes, hasn’t, Sarah Longwell Tim Scott, Daniel McCarthy He’s, Ross, David French Ramaswamy, Ramaswamy —, cheekily Organizations: Trump Republican, Trump, Republican, Gov, Federal Reserve, White, Republican Party, MAGA, Republican National Committee, Nazi Locations: Miami, Iowa, New Hampshire, Ukraine, Iran, Israel, China, hawkish, Iraq, Afghanistan, Russia, Haley, Florida

☆ X users slam millionaire venture capitalist who 'has not had a traditional 9-5 job' in decades after he mocks Gen-Zer venting about work-life balance
▼ + stars: | 2023-10-26 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Millionaire VC Jason Calacanis is catching flak for mocking a woman venting about her 9-5 on TikTok. Users on X, formerly Twitter, said he was punching down and noted he hadn't worked a 9-5 in decades. Some commenters said the woman was unprepared to enter the workforce; others agreed 9-5 jobs leave little room for work-life balance. "I want to be able to talk for this next generation and explain that a 40-hour work week plus commute is not necessary for productivity," she said. Period," one person said on X.AdvertisementAdvertisementMany users agreeing with Brielle expressed their support for a 4-day work week.

Persons: Millionaire, Jason Calacanis, hadn't, —, Brielle, didn't, I'm, Calacanis, they've, weren't Organizations: Service Locations: TikTok, New Zealand, Australia

☆ Corporate America to DC: Don’t shut down the government
▼ + stars: | 2023-09-22 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

“Nobody wins in a government shutdown,” said one executive at a business group who requested anonymity to speak candidly. ‘It’s not good for business’A shutdown may not be an especially dramatic event for the stock market or deal a sizable blow to GDP. It’s not good for business – or consumer confidence,” another trade group executive told CNN. It’s unfortunate.”Markets usually don’t careWall Street is not overly worried about the potential damage to the economy at large nor the stock market. During half of those shutdowns, the stock market posted positive returns.

Persons: ” Neil Bradley, “, ”, “ We’ve, ’, Chuck Robbins, Robbins, ‘ It’s, Geoff Freeman, Bradley, it’s, Mitch McConnell, shutdowns, ” Bradley, “ It’s, Keith Lerner, Goldman Sachs, couldn’t Organizations: New York CNN Business, Corporate, US Chamber of Commerce, CNN, Cisco, US Travel Association, US Travel, ”, Federal Reserve, Labor Statistics, Publicly, Democrats, Privately, GOP, House GOP, Republicans, Chamber, Advisory, Commerce Locations: Washington

☆ Wall Street's 'meh' response to tech IPOs shows Silicon Valley's valuation problem
▼ + stars: | 2023-09-21 | by ( Ari Levy | ) www.cnbc.com time to read: +3 min

After a 21-month tech IPO freeze, the market has cracked opened in the past week. Chip designer Arm debuted last Thursday, followed by grocery-delivery company Instacart this Tuesday, and cloud software vendor Klaviyo the following day. They're three very different companies in disparate parts of the tech sector, but Wall Street's reaction has been consistent. Instacart popped 40% immediately after selling shares at $30. But the lack of excitement over the past week — amounting to a collective "meh" across Wall Street — is certainly not the desired outcome either.

Persons: Arm, Eric Juergens, Plimpton, Juergens, Japan's SoftBank, Fidji Simo Organizations: Investors, Debevoise Locations: Klaviyo

☆ Opinion | Artists Have Little to Fear From A.I.
▼ + stars: | 2023-08-25 | by ( Farhad Manjoo | ) www.nytimes.com time to read: +2 min

I’ve got 99 problems with A.I., but intellectual property ain’t one. Media and entertainment industries have lately been consumed with questions about how content generated by artificial intelligence systems should be considered under intellectual property law. And major news companies — including The Times — are weighing steps to guard the intellectual property that flows from their journalism. tools, the more I suspect that many of the intellectual property questions they prompt will ultimately prove less significant than we sometimes assume. Indeed, I’d bet that artists and creative industries will ultimately find A.I.

Persons: I’ve, I’d, Jason Zinoman, ” Organizations: Media, Hollywood, Times, A.I

☆ Opinion | Winners and Losers of the First Republican Debate
▼ + stars: | 2023-08-24 | by ( ) www.nytimes.com time to read: +22 min

Welcome to Opinion’s commentary for the first Republican presidential primary candidate debate, held in Milwaukee on Wednesday night. Gail Collins: She seemed generally reasonable and wow, when the debate turned to education and she actually brought up reading. If there’s any life left in the old G.O.P., Haley gave it hope. Perhaps more important, in taking on the glib and callow Ramaswamy on Ukraine, she showed anger and dominance, essential qualities in a Republican debate. Any debate that doesn’t feature Chris Christie at the front of the highlight reel is a bad night for Christie.

Persons: Jamelle, Nikki Haley, Haley, Gail Collins, Matthew Continetti, G.O.P, Michelle Cottle, —, Trump —, Ramaswamy, suburbanites, Ross Douthat, David French, Reagan, Michelle Goldberg, callow Ramaswamy, Amy Klobuchar, Pete Buttigieg, Katherine Mangu, Christie, “ Trump, “ Donald Trump, Daniel McCarthy, Vivek, Bret Stephens, Mike Pence’s, Mike Pence, Pence, Mike, Vivek ”, Vivek Ramaswamy, Trump, ”, he’ll, Jesus, Ramaswamy —, ChatGPT —, you’ve, Marco Rubio, Chris Christie, He’s, Joe Biden, Martha MacCallum, Ron DeSantis, Hunter Biden, DeSantis, Donald Trump, MAGA, pander, smartly, Sharp, Biden, refighting, Ron, Hutchinson, clearheaded, Still, Scott, Tim Scott, Meh, ” Daniel McCarthy, Pleasant, Donald Trump’s, wasn’t, I’d, Ramaswamy’s, callow, I’m, insufferable, Preening, Doug Burgum, Achilles, Burgum, he’s, Asa Hutchinson, Trump’s, Asa Hutchinson didn’t, didn’t Organizations: Republican, Republican Party, Trump, Ramaswamy, Pence, Pious, Trump Republicans, MSNBC, Fox, Department of Justice, United Nations, Energy, Department of Education, Republicans Locations: Milwaukee, Iowa, New Hampshire, Ukraine, America, Mexico, Florida, Covid, China, MAGA, Arkansas

☆ In Wheelchair Football, Camaraderie Comes With Metal-on-Metal Contact
▼ + stars: | 2023-08-22 | by ( Matt Higgins | Jalen Wright | ) www.nytimes.com time to read: +1 min

Then, last October, one of Broad’s physical therapists urged him to attend a local wheelchair football game. He had spent long months of grueling rehabilitation regaining use of his left arm so that he could push a wheelchair. He wondered, What would touch football on wheels look like anyway? In an arena crowded with rowdy spectators, Broad watched the Buffalo Bills Wheelchair Football Team bombard its way to a 13-6 win over visiting Cleveland. He was especially enthralled by the contact — the clash of metal echoing through the arena as players collided, sending two chairs and the ball airborne from the impact.

Persons: Dawson Broad, hadn’t, Broad, ’ ” Organizations: Buffalo, Buffalo Bills Wheelchair Football Team, Cleveland Locations: Buffalo

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Persons: Dow Jones Locations: scarsdale

Persons: Dow Jones Locations: scarsdale

☆ EQT’s India IVF buyout hits on fertile themes
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +2 min

MUMBAI, Aug 1 (Reuters Breakingviews) - Private equity giant EQT (EQTAB.ST) is buying a majority stake in the country’s largest fertility clinic chain Indira IVF via its Asian unit BPEA EQT, valuing the firm at $1.1 billion. Indira IVF serves some of the 15% of Indian couples experiencing infertility, a problem on the rise in the world’s most populous country as people marry later and air pollution stifles the ability to conceive naturally. EQT’s deal also is another bet on the changing demands of the South Asian nation’s middle class. Thanks to the gradual maturing of the private equity business, both purchases come with the added benefit of the buyer taking control. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Indira, EQT’s, Shritama Bose, Steve Cohen, ’, Una Galani, Aditya Munjuluru Organizations: Reuters, Blackstone, HDFC, Twitter, Sequoia, Walmart, Thomson Locations: MUMBAI, Temasek

☆ BP appeal requires more than short-term sweeteners
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +2 min

LONDON, Aug 1 (Reuters Breakingviews) - Bernard Looney is throwing cash at BP’s (BP.L) shortcomings. In the three months to the end of June the $109 billion European oil major missed expectations by a wide margin, with net income falling 70% to $2.6 billion year-on-year. Wael Sawan, his counterpart at rival Shell (SHEL.L) who only took the helm this year, has refocused his company on “molecules” – from oil and gas to low-carbon hydrogen and biofuels. But Shell has done better, and Bernstein analysts recently estimated BP was trading at a yawning 87% discount to the sum of its parts. The risk for Looney is that if investors want to own one European oil major, it won’t be his.

Persons: Bernard Looney, Looney, Wael Sawan, Shell, Bernstein, won’t, Yawen Chen, Steve Cohen, ’, George Hay, Pranav Kiran Organizations: Reuters, Shell, outperforming, Exxon Mobil, Chevron, BP, Twitter, Sequoia, Thomson Locations: outperforming U.S, India

☆ Sequoia picks the right moment to ditch deadwood
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

The $85 billion venture firm downsized the commitments it expects its investors to make to vehicles targeting cryptocurrency and its own peers, the Wall Street Journal reported. With those investors, known as limited partners, now less pressed to flee private markets, it’s a smart time for Sequoia to help them shift into more promising opportunities. As last year's downturn tanked their public investments, LPs found themselves relatively overinvested in still-highly-valued private markets, forcing them to pull back from the likes of venture funds. As public markets recover – the S&P 500 Index (.SPX) is up almost 20% this year – this “denominator effect” is fading, a Capstone Partners survey suggests. And with LPs once again keen on private markets, they may be more likely to stick around, despite Sequoia’s self-admitted mistakes on investments like now-bankrupt FTX.

Persons: Sequoia’s, Anita Ramaswamy, ’, Jeffrey Goldfarb, Sharon Lam Organizations: YORK, Reuters, Wall Street Journal, Capstone Partners, Twitter, Walmart, BT boss’s, Thomson Locations: Sequoia

☆ Even with alpha strikeout, Steve Cohen scores
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, July 31 (Reuters Breakingviews) - Hedge fund mastermind Steve Cohen is best known for his savvy trades, but it doesn’t take an investing whizz to make money in baseball. His New York Mets are one of the worst teams in the league despite a record-setting $364 million payroll. Cohen bought full ownership of the club in 2020 for $2.4 billion and spent lavishly on the roster. Even so, the Mets are already worth $500 million more than Cohen paid, according to Forbes, a nice uplift for substandard performance. Dan Snyder just sold his woeful Washington Commanders for $6 billion; Snyder paid $800 million for the team and its stadium in 1999.

Persons: Steve Cohen, Cohen, Max Scherzer, Dan Snyder, Snyder, Michael Jordan, Jennifer Saba, ’, Jeffrey Goldfarb, Sharon Lam Organizations: YORK, Reuters, New York Mets, Mets, Forbes, SAC Capital Advisors, Charlotte Hornets, Twitter, Sequoia, Walmart, BT boss’s, Thomson

☆ Heineken’s pricing goof has a strategic spillover
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

LONDON, July 31 (Reuters Breakingviews) - Dolf van den Brink has had a six-month-long happy hour. Heineken’s misstep occurred even though the company increased prices for its beers by an average of 13% from a year earlier. While consumer goods groups like Unilever (ULVR.L) managed to hike without losing much business, Heineken’s 6% hit to beer sales in the first half suggests van den Brink has not. In Vietnam, which analysts at Bernstein estimate accounts for nearly half of that region’s sales, Heineken admitted its pricing was mistimed. Van den Brink seems confident the worst is over for 2023, because all his price hikes have already happened.

Persons: van den Brink, misstep, Bernstein, Van den Brink, Yawen Chen, ’, George Hay, Oliver Taslic Organizations: Reuters, Heineken, Unilever, Walmart, BT boss’s, of Japan, Thomson Locations: Vietnam, United States

☆ Europe’s inflation data “meh” leaves ECB in limbo
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

Monday’s first estimate of consumer price data for July reinforces the case for a pause on rising rates, but for Lagarde the picture is frustratingly unclear. Lagarde’s hardline colleagues will point out that’s too fast to bring inflation back to the ECB’s 2% target. Markets aren’t sure, ascribing a 70% chance to a pause in September, according to derivatives pricing data collected by Refinitiv. Revisions to the July numbers will follow and policymakers will get inflation data for August before they meet on September 14. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Christine Lagarde, “, Monday’s, Francesco Guerrera, George Hay, Pranav Kiran Organizations: Reuters, European Central Bank, ECB, Twitter, Walmart, BT boss’s, of Japan, Thomson Locations: Frankfurt

☆ This is the No. 1 trap long-term relationships fall into, marriage psychologist says: 'I very commonly see people using false logic'
▼ + stars: | 2023-07-13 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

In long-term relationships, it's very common for people to link their unhappiness to their partner's actions. They think, "if my partner texted me every morning I'd feel less anxious," or "if my partner wanted to travel more I'd feel more stimulated." "I very commonly see people using false logic when it comes to their relationships," Bobby says. "That the way they feel is because of some external circumstance." This could lead a person to ask their partner to shift some behaviors in an effort to alleviate their own relational anxiety.

Persons: Lisa Marie Bobby, Bobby Locations: Denver

☆ Food Is Meh, Décor Is Bland, Parking Nonexistent: Must Be D.C.’s Most-Exclusive Restaurant
▼ + stars: | 2023-07-09 | by ( Annie Linskey | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/cafe-milano-washington-restaurant-partisan-politics-15f05b6a

Persons: Dow Jones, 15f05b6a Locations: washington

Crocs sued Joybees in federal court on Thursday, expanding on a separate lawsuit that the Colorado-based company filed in 2021. The new complaint, accusing Joybees and its chief executive of unfair competition, came a day after Joybees filed claims in the same court against Crocs. Joybees also said it was seeking a declaration that its shoes had not violated Crocs' intellectual property protections. Joybees, according to Crocs' lawsuit, hired key operations and manufacturing employees from Crocs. The cases are Crocs Inc v Joybees LLC, U.S. District Court for the District of Colorado, 1:23-cv-01719-NRN and 21-cv-02859-PAB-MEH.

Persons: Crocs, Joybees, Kellen McCarvel, McCarvel, Porter Kaye Scholer, Jonathan Cooperman, Kelley Drye, Chad Nitta, Rock, Saul Rostamian, Sheppard Mullin, Mike Scarcella, Leigh Jones Organizations: Colorado Joybees, Crocs, Joybees, Investment, District of, Arnold, Warren, Thomson Locations: Colorado, Denver, Crocs, District of Colorado

☆ It's a cruel summer for Airbnb and Vrbo hosts, and meh listings are getting squeezed hard
▼ + stars: | 2023-07-02 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

In the age of remote work, employers are quiet quitting on employees. Decision-makers at family offices revealed what it's really like managing billions for the ultra wealthy. But first: It's shaping up to be a cruel summer for Airbnb and Vrbo hosts. The Airbnb hosts getting squeezedReal-estate reshapeBlake Callahan / Getty ImagesThe real-estate industry is facing an existential threat. In the age of remote work, employers are doing it, too.

Persons: Matt Turner, Read, Brian Chesky, Charley Gallay, Vrbo, That's, Blake Callahan, Jonathan Ernst, Consuelo Vanderbilt Costin, Bryan Griffin, Insider's Ben Bergman, Arantza Pena Popo, It's, Satya Nadella, Hallam Bullock, Lisa Ryan Organizations: luxe, Reuters Workers aren't, Stanford University, The Vanderbilt, Waltons, Microsoft Locations: Silicon, Airbnb, New York

☆ A Potato Salad That Packs a Serious Umami Punch
▼ + stars: | 2023-06-28 | by ( Mia Leimkuhler | ) www.nytimes.com time to read: 1 min

Mia here, filling in for Melissa Clark, who’s on vacation. Why smush potatoes into mayo when you could shingle them with cheese or roast them until crispy? What changed my mind was fish, specifically the realization that smoked salmon, tinned mackerel and — favorite of favorites — salmon roe were perfect partners to lush potato salad. So, of course, I immediately saved Kenji López-Alt’s Japanese potato salad with mentaiko (above) to my recipe box. It’s potato salad, but with umami oomph.

Persons: Mia, Melissa Clark, who’s, Kenji López, umami oomph Locations: mayo

☆ My Child’s Friend Asked to Be Called a Name Used by Another Gender. Should I Do It?
▼ + stars: | 2023-06-21 | by ( Philip Galanes | ) www.nytimes.com time to read: +2 min

You are so peripheral to whatever drama is unfolding here that it’s nearly impossible for you to go wrong. And be supportive of the mother as she processes what may be distressing news for her. If she doesn’t, and you feel well placed to intervene, get back in touch. But his remark was about how I look, and he knows I’m well aware of the five to 10 pounds I’ve gained. When parting, we often say, “I love you.” The issue: My daughter-in-law’s mother, who lives nearby, is not the sort of person I like.

Persons: Miguel Porlan, I’ve, —, can’t

☆ The 26 women who have accused Trump of sexual misconduct
▼ + stars: | 2023-05-09 | by ( Eliza Relman | Azmi Haroun | ) www.businessinsider.com time to read: +4 min

At least 26 women have accused President Donald Trump of sexual misconduct since the 1970s. Renewed attention was brought to the allegations amid the #MeToo movement and a national conversation concerning sexual misconduct. On Tuesday, a Manhattan jury found Trump liable for the sexual abuse of columnist E. Jean Carroll. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAt least 26 women accused President Donald Trump of sexual misconduct, including assault, since the 1970s. Here are all of the allegations — in chronological order — made by 26 named women:

☆ The Metaverse Is Quickly Turning Into the Meh-taverse
▼ + stars: | 2023-03-29 | by ( Meghan Bobrowsky | ) www.wsj.com time to read: 1 min

The metaverse that was the hot thing in tech less than two years ago has cooled. Walt Disney Co. has shut down the division that was developing its metaverse strategies, The Wall Street Journal reported this week. Microsoft Corp. recently shut down a social virtual-reality platform it acquired in 2017. And Mark Zuckerberg, who renamed Facebook to Meta Platforms Inc. to signal his seriousness about the metaverse, focused more on artificial intelligence on an earnings call last month.

☆ Corporations are keeping food expensive because they can
▼ + stars: | 2023-03-08 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

To be sure, food manufacturers have to factor in costs of labor and transportation, which remain elevated compared with a few years ago. Anyway, it isn’t just food companies taking advantage of the inflationary moment. Many food companies are forecasting that they might slow down or pause price increases — but not lower them, Danielle explains. But [companies] have, I think, taken price increases that exceed that,” said Mark Lang, an associate professor of marketing at the University of Tampa who specializes in food marketing. Lower prices could, for example, make people think food quality has gone down — or make them think they were paying too much in the first place.

☆ 5 contrarian investments to make now to profit as stocks defy the bears and go on a surprise rebound rally, according to a Fidelity strategy director
▼ + stars: | 2023-02-24 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Stocks have given up much of their year-to-date gains after a furious rebound rally to start 2023. Here are five contrarian investments to make if stocks rally despite a recession. Denise Chisholm, the director of quantitative market strategy at Fidelity Investments, has chosen the latter. If that's the case, Chisholm thinks stocks could enjoy a bear-defying relief rally this year. Investors looking to get exposure to Chisholm's preferred sectors can consider the following exchange-traded funds (ETFs): the Consumer Discretionary Select Sector SPDR Fund (XLY), the Financial Select Sector SPDR Fund (XLF), the Industrial Select Sector SPDR Fund (XLI), the Materials Select Sector SPDR Fund (XLB), and the Health Care Select Sector SPDR Fund (XLV).

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