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☆ Goldman Sachs is having an identity crisis
▼ + stars: | 2023-08-09 | by ( Linette Lopez | ) www.businessinsider.com time to read: +11 min

I never thought I'd write this but … I miss the old Goldman Sachs. That was the voice of Goldman Sachs 2009 — the adamantine firm that managed to make its way through the crisis relatively unscathed. This sort of dry humor worked back then, but for today's Goldman Sachs, the joke just doesn't hit the same way. Van Praag — who was once dubbed "Goldman Sachs' Rococo PR prince" by The Observer — left the firm in 2012. It would be nice to see the old Goldman Sachs ferocity is still out there somewhere, even if it's not on Wall Street.

Persons: I'd, …, Goldman Sachs, Lucas van Praag, Goldman, van Praag, John F, David Solomon —, Solomon, boardrooms, today's Goldman Sachs, Lucas van Praag's Goldman, —, FactSet, JP Morgan, chuffs, DJ Sol, Van Praag —, Observer —, Jake Siewert, Lloyd Blankfein —, David Solomon's, Michael Kovac, Marcus —, DJ'ing, Goldman's, Lloyd Blankfein, Insider's Dakin Campbell, Kim Kardashian, Morgan Stanley, It's, Trump, Gary Cohn, mathlete who's, it's, Linette Lopez Organizations: Sunday Times of, Bloomberg, Refinitiv, Wealth Management, Observer, Treasury, Blankfein, Bank of America, Ivy League Locations: Wall, Sunday Times of London, New York City, Bahamas, Silicon

☆ Harvard-trained financial expert: How to let go of 'self-sabotaging beliefs and habits around money'
▼ + stars: | 2023-08-09 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +5 min

Thakor, a certified financial planner and a chartered financial analyst who has an MBA from Harvard, wants to help people shed work addiction and "self-sabotaging beliefs and habits around money, careers [and] accomplishments." And you feel almost compelled in a subliminal, toxic way to keep chasing after these things. ATS: Can you explain the Buddhist concept of the hungry ghosts and how it's connected to the feeling of "never enough?" My argument is that it's because people are experiencing the symptoms of a society that's been built on this false belief that the answer to our collective angst is pursuing more money, work and more prestige. Those things turn us into hungry ghosts because they have no finish line — you can never get enough of them.

Persons: Manisha Thakor, Ana Teresa Solá, it's, they're, — Organizations: Getty, World Health Organization, International Labour Organization, Harvard, Finance, Workers, Bank of America, ATS Locations: overworking, U.S

In order to face either one head on, you must stand on a small, uneven platform of homemade adobe bricks. This is a message from the artist: He’s not interested in a seamless viewing experience. It recalls his contribution to the 2017 Whitney Biennial, where he created a room of adobe bricks. Here, a winding path of bricks connects life-size portraits of members of esparza’s largely queer community. The paintings are also on adobe, referencing his Mexican heritage and accentuating his subjects’ brown skin.

Persons: rafa esparza’s, He’s, JILLIAN STEINHAUER Organizations: Art Basel Miami Beach, Biennial Locations: Los Angeles, New York

☆ Weight loss drug Wegovy is from Europe — but users in the region face a long and costly wait
▼ + stars: | 2023-07-26 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Packages of the weight-loss drug Wegovy from the pharmaceutical company Novo Nordisk lie on the sales counter in a Danish pharmacy. Still, it's seen as too expensive for many public health systems in Europe. They're obviously in a capacity constrained environment and we don't know how much they're willing to allocate to Europe. Eli Lily , whose diabetes drug Mounjaro can also be used for weight loss, has also faced supply gluts. They're obviously in a capacity constrained environment and we don't know how much they're willing to allocate to Europe," Field said.

Persons: Stefan Trumpf, it's, Emily Field, Wegovy's, Eli Lily Organizations: Novo Nordisk, Getty, CNBC, Denmark — Novo, Barclays, BMI, German Obesity Society, Novo Nordisk — Locations: Danish, Germany, Europe, Denmark, Norway, Novo, U.S

☆ BlackRock made a climate pledge. Then it appointed a Saudi oil executive to its board
▼ + stars: | 2023-07-18 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —BlackRock, the world’s biggest asset manager, said Monday it has appointed Amin Nasser, chief executive of oil giant Saudi Aramco, to its board of directors — despite the New York-based firm’s pledge to accelerate investment in climate-friendly companies. Nasser joined the state-run oil giant Saudi Aramco in 1982 as a petroleum engineer, rising up the ranks to become CEO in 2015. Saudi Aramco is the world’s largest oil producer, with a market capitalization of 7.8 trillion Saudi riyal ($2.1 trillion). But, like other fossil fuel companies, pressure has built on Saudi Aramco to take more drastic action to curb its greenhouse gas emissions. President and CEO of Aramco Amin Nasser attends the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023.

Persons: Amin Nasser, —, Bader Alsaad, Larry Fink, Nasser, Hasnoor Hussain, ” Nasser, BlackRock’s, Jeff Sonnenfeld, Nasser “ Organizations: London CNN — BlackRock, Saudi Aramco, New, BlackRock, Arab Fund for Economic, Social, Saudi, —, Energy Asia, World Petroleum Congress, Yale School of Management, CNBC, Aramco, CNN Locations: Saudi, New York, ”, Ukraine, Kuala Lumpur, Malaysia, decarbonize, United States, BlackRock

All eyes are onJudge Aileen Cannon, who is presiding over the first pretrial hearing Tuesday in the DOJ's prosecution of Donald Trump. Since the confirmation, a least one other Cannon case made national headlines. Judge Aileen Cannon gave her confirmation testimony to the Senate Judiciary Committee over Zoom on July 29, 2020. There, she prosecuted cases involving narcotics, fraud, firearms, and immigration cases, according to her Senate confirmation document. Cannon during her confirmation hearing thanked Rubio as well as fellow Republican Sen. Rick Scott of Florida for their "continued support."

Persons: Aileen Cannon, Donald Trump, Cannon, Nancy Pelosi, Alexandria Ocasio, Cortez, Department's, Trump, Jack Smith's, Bill Barr, behead, Mercedes Cubas, Federalist Society —, Steven Colloton, Gibson, Dunn, Crutcher, Josh Lorence, Ron DeSantis, Lynne Sladky, Lorence, Bobby Flay, DeSantis, Republican Sen, Marco Rubio, Rubio, Rick Scott of, " Rubio, Democratic Sen, Dianne Feinstein, they'd, Pelosi, Paul Hoeffer, Hoeffer, Cannon's, Fort, Paul G Organizations: Trump, Lago, Service, US, Justice Department, Department, FBI, Fox News, Senate, Democratic Rep, Zoom, Committee, Duke University, El, El Nuevo Herald, Miami Herald, University of Michigan Law School, Federalist Society, Crutcher LLP, Southern, Southern District of, GOP, White, Republican, Democratic, Rogers, CNN Locations: Mar, Wall, Silicon, Trump's, Lago, Florida, Alexandria, Cortez of New York, Cali , Colombia, Miami , Florida, Cuba, Spain, El Nuevo, Iowa, Washington ,, Southern District, Southern District of Florida, Athens, Greece, Vero Beach , Florida, Marco Rubio of Florida, Rick Scott of Florida, Cortez, Fort Pierce , Florida, West Palm Beach, Palm Beach

☆ Why Americans are obsessed with peanut butter
▼ + stars: | 2023-07-14 | by ( Natalie Rice | ) www.cnbc.com time to read: +9 min

Skippy was the leading peanut butter brand in the U.S. until 1980, a title that now belongs to Jif. Pond, that became the first brand to commercially develop peanut butter in 1920, sparking the way we eat peanut butter today. "We've launched certain innovations specifically in Asian markets to help enable that type of cooking use for peanut butter. Domestically, Americans eat an average of 4.25 pounds of peanut butter per capita, a figure that increased temporarily during the Covid-19 pandemic, according to the National Peanut Board. As the family came together in the middle of the day, we saw that it introduced this love and affection for peanut butter to children who will hopefully carry that love and affection for peanut butter into [their] lifetime," he added.

Persons: Skippy, Joseph Rosefield, Peter Pan, Matt Smith, Circana, Costco's Kirkland, Smucker's, Jif, Smith, Rebecca Scheidler, they've, Ryan Christofferson, Christofferson, aren't, they're, Bob Parker, It's, it's, We've, Parker, Domestically, —, Scheidler Organizations: Equity Research, Stifel Financial Corp, Hormel Foods Corp, Post, Holdings, Foods, Hormel Foods, Spam, Unilever, Peanut Board, FDA, Hormel, National Peanut Board Locations: Jif, U.S, Chicago, Smucker, Uncrustables, Longmont , Colorado, McCalla , Alabama, Mexico, Canada, China

☆ How to Make a Staycation Feel Like an Actual Break
▼ + stars: | 2023-07-08 | by ( Catherine Pearson | More About Catherine Pearson | ) www.nytimes.com time to read: +2 min

It’s just a “little mental flip,” Dr. Kurtz said, but one that “can make the time feel precious.”Figure out what you crave from travel and try to recreate it. She recommends asking a similar question before a staycation: What can I bring into my home that can help give me those feelings? If you are spending your break with kids in tow, perhaps alternate who chooses activities so everyone has something to enjoy. So do what you can to heighten your sense of anticipation, Dr. Lyubomirsky said. “You don’t want to have an experience and immediately forget about it,” Dr. Lyubomirsky said.

Persons: It’s, Dr, Kurtz, Rose De Vore, De Vore, Sonja Lyubomirsky, ”, “, Lyubomirsky Organizations: Travel, Network, University of California Locations: Riverside

☆ From George Washington to Donald Trump, America’s obsession with secret societies is a mainstay of our democracy — and it resurfaces whenever there’s a renewed push for civil rights, author of new boo
▼ + stars: | 2023-07-01 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +11 min

Multiple presidents, from George Washington to Donald Trump, have endorsed conspiracy theories. George Washington and Abraham Lincoln both openly espoused conspiracy theories of various kinds. It was important for me early on to make a distinction between actual conspiracies and conspiracy theories. And those tend to be a specific cover-up around specific things, there's an identifiable group of actors and once you start doing basic journalism, these things tend to unravel pretty quickly. So I think that's, unfortunately, where we're heading.

Persons: Colin Dickey's, George Washington, Donald Trump, —, Colin Dickey, Dickey, Trump, Abraham Lincoln, Hillary Clinton, Jeffrey Epstein Organizations: Freemasons, Service, American, United, Civil Rights Movement, People Locations: United States, —, America, Iran, Salem

☆ HRT use by younger women linked to dementia, study says. Experts disagree
▼ + stars: | 2023-06-28 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

However, experts who treat and study menopause say the study is unable to draw a direct connection to later-life dementia and that the overall benefits of hormone replacement therapy, or HRT, far outweigh the risks for many patients. “One finding in the study was a link between dementia and the use of HRT for a very short time span, under a year. Researchers compared people with dementia who had used hormone therapy, even briefly, with those from the larger group who had not. The chance of being diagnosed with dementia went up with years spent on HRT, the study found. When women used 12 or more years of hormone therapy, the association with a diagnosis of dementia rose to 74%, Pourhadi said.

Persons: ”, Nelsan, Pauline Maki, David Curtis, Kejal, Kantarci, Andrea Lenzi, University of Rome La Sapienza, ” Pourhadi, Pourhadi, Maki, ” Maki, Susan Davis, Amanda Heslegrave, ” Heslegrave Organizations: CNN, Danish Dementia Research, Copenhagen University Hospital Rigshospitalet, University of Illinois, UCL Genetics Institute, University College London, Mayo Clinic, University of Rome La, University of Illinois’s Center for Research, Women’s, Monash University, Dementia Research Locations: Danish, Denmark, Chicago, neuroradiology, Rochester , Minnesota, Taiwan, Melbourne, Australia, London

☆ Luck of the draw: Trump's judge will likely be his appointee Aileen Cannon, who has already handed him victories that had legal experts scratching their heads
▼ + stars: | 2023-06-09 | by ( Kimberly Leonard | Insider Staff | ) www.businessinsider.com time to read: +9 min

Judge Aileen Cannon is likely to preside over the first-ever federal trial of a former president. Cannon, 42, has been assigned to oversee Trump's trial, according to a summons cited by numerous news outlets. At that time, a magistrate judge on duty — and not Cannon — is expected to oversee the proceedings. The judge will likely decide whether to set bail, and read the charges against Trump before he enters a plea. "Judge Cannon is a great judge who I am very proud to have enthusiastically supported," Rubio told Insider through his office when asked about the connection.

Persons: Aileen Cannon, Trump, —, Aileen Cannon —, Donald Trump —, Cannon, Jon Sale, Sale, Cannon recuses, It's, Cannon's, Nelson Mullins Riley, Fort, Paul G, Donald Trump, ANDY BUCHANAN, Mercedes Cubas, Federalist Society —, Steven Colloton, Gibson, Dunn, Crutcher, Josh Lorence, Lorence, Bobby Flay, Ron DeSantis, Republican Sen, Marco Rubio, Rubio, Rick Scott of, " Rubio, Democratic Sen, Dianne Feinstein, they'd, Nancy Pelosi, Cortez, Paul Hoeffer, Hoeffer Organizations: Service, Department of, Trump, Southern District of, Appeals, Scarborough LLP, Miami Herald, Rogers, Getty, Committee, Duke University, El, El Nuevo Herald, University of Michigan Law School, Federalist Society, Crutcher LLP, Southern, Republican, Senate, Democratic Locations: Department of Justice's, Miami, Mar, Palm Beach , Florida, Southern District, Southern District of Florida, West Palm Beach County, Fort Pierce , Florida, West Palm Beach, AFP, Cali , Colombia, Miami , Florida, Cuba, Spain, El Nuevo, Iowa, Washington ,, Florida, Athens, Greece, Vero Beach , Florida, DeSantis, Marco Rubio of Florida, Rick Scott of Florida, Cortez of New York

☆ I'm EY's global chairman and CEO. Here are the 3 most important lessons I've learned through my career.
▼ + stars: | 2023-06-03 | by ( Carmine Di Sibio | ) www.businessinsider.com time to read: +8 min

It's also when business graduates think about the positive impact they would like to make on the working world. Here are three lessons that are never too late for anyone to put into practice no matter where you are in your career. By day, I worked at Arthur Young — one of predecessor member firms of the EY organization. Recently the EY organization decided not to move forward with Project Everest. The views reflected in this article are the views of the author and do not necessarily reflect the views of the global EY organization or its member firms.

Persons: Carmine Di Sibio, Di Sibio, —, It's, EY, I've, Arthur Young —, we've, you'll Organizations: Service, NYU Stern, Technology, NYU, Microsoft, World

☆ I moved from the US to Sweden after struggling with burnout. Now I have 6 weeks of paid vacation per year and rarely work overtime.
▼ + stars: | 2023-05-30 | by ( Hannah Towey | ) www.businessinsider.com time to read: +11 min

Now she rarely works overtime, gets six weeks of paid vacation a year, and got a free master's. In Sweden, if you work late, your boss might flag that your workload is too high, or that you're not capable enough to do your work within work hours. His company sponsored both of our residencies and work visas, so we had the ability to live and work in Sweden full time. I get six weeks of paid vacation every year and I use it allSweden's Annual Leave Act gives workers the legal right to take at least four weeks of consecutive paid vacation between the months of June and August. My company gives us six weeks of paid vacation per year, and I take all of it.

☆ By recreating old photos, these children of immigrants step into their parents’ shoes
▼ + stars: | 2023-05-19 | by ( Jessie Yeung | ) edition.cnn.com time to read: +9 min

Visually recreating the archival photos allowed the subjects to step into their parents’ shoes — sometimes helping to mend fractures in those relationships, Lui said. Kyle Lui The series includes written reflections by participants that explore themes such as family, identity, race and nationality. Kyle Lui Some photos are taken in exactly the same place as the old ones, while others require a bit more creativity. Kyle Lui Alan's late father, pictured in front of an apartment building in New York's Chinatown. Kyle Lui Akil's father, pictured in a similar stance and setting — but with posters of reggae legend Bob Marley.

☆ Trump supporters and Christians are the most worried that AI is an existential threat to humanity, poll says
▼ + stars: | 2023-05-18 | by ( Aaron Mok | ) www.businessinsider.com time to read: +2 min

61% of American adults say AI poses an existential threat to humanity, per a Reuters and Ipsos poll. The poll's findings come as tech leaders sound the alarm over the potential risks of AI. Americans are worried about the risks artificial intelligence could pose on society — and Trump supporters and Christians are the most concerned. 70% respondents who voted for Donald Trump in the 2020 presidential election believe AI poses risks to civilization. Geoffrey Hinton, the "Godfather of AI" who recently quit Google to raise awareness around AI's risks, believes AI poses a "more urgent" threat to humanity than climate change.

☆ It’s Coronation Day
▼ + stars: | 2023-05-06 | by ( Melissa Kirsch | ) www.nytimes.com time to read: +1 min

But as with a sports playoff game or Hollywood awards ceremony, the coronation of Charles III has made me into an instant, if temporary, royals superfan. In a recent poll of 3,070 adults in Britain, 64 percent of respondents said they had little to no interest in today’s coronation. The ceremony has been modified to be more inclusive, but still “the hoary rituals of the coronation are a reminder of how — in a secular, multiethnic, digital-age society — the crown is fundamentally an anachronism,” wrote The Times’s London bureau chief, Mark Landler. An over-the-top coronation for a new king does make for an incongruous viewing experience while Commonwealth nations call for Britain to redress its colonialist legacy and the country reckons with a cost-of-living crisis. It’s possible to be fascinated by the pageantry while remaining skeptical of it, to gawk at the fairy-tale elements of the coronation while still questioning the system that supports them.

☆ Opinion | Political Stagnation Is Not Our Only Option
▼ + stars: | 2023-05-05 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +2 min

It’s been 64 years since Congress added new states to the union — Alaska and Hawaii, in 1959. And it’s been 94 years since Congress capped the size of the House of Representatives at 435 members. For more than 50 years, the United States has been frozen in a kind of structural and constitutional stasis. Our stagnant political system has produced a stagnant political landscape. President Barack Obama won his second term by around 4 percentage points, and President Biden won by a similar margin in 2020.

☆ Kellyanne Conway is now caught up in Clarence Thomas' latest ethics scandal
▼ + stars: | 2023-05-05 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Kellyanne Conway helped route a payment to Clarence Thomas' wife, Ginni Thomas, according to the Washington Post. It's the latest ethics scandal to hit Supreme Court Justice Clarence Thomas. According to a report from the Washington Post, conservative judicial activist Leonard Leo wanted to send thousands of dollars to Virginia "Ginni" Thomas, the wife of Clarence Thomas, in 2012. Though Justice Thomas didn't cite the nonprofit's brief, he did vote in favor of the side they supported. The silent payment to Ginni Thomas is the latest in a series of ethical concerns to surface surrounding Justice Thomas' financial affairs, including his cozy relationship with billionaire Harlan Crow, who paid for lavish vacations, bought Thomas' mother's house, and paid for his child's education.

☆ For King Charles, Coronation Day Is a Step on a Tightrope Walk
▼ + stars: | 2023-05-03 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

But it’s not without its traps, as King Charles III learned last weekend when the organizers of his coronation invited millions of Britons to pledge an oath of homage to the monarch during the ceremony on Saturday. “More like the stuff of a Stalinist people’s republic,” wrote the columnist Mick Hume. Such are the problems vexing Charles as he prepares for his coronation, Britain’s first in 70 years. In the seven months since he ascended the throne, royal watchers say, the new king has worked to make the monarchy more accessible, forward looking and inclusive. Yet the hoary rituals of the coronation are a reminder of how — in a secular, multiethnic, digital-age society — the crown is fundamentally an anachronism.

☆ Humans have to get in the way of AI to make it more responsible
▼ + stars: | 2023-04-17 | by ( Emilia David | ) www.businessinsider.com time to read: +4 min

Humans are key to responsible AI. Calls to pause AI development centered around the need to make sure we were building responsible AI. But some Big Tech companies laid off responsible AI employees as part of the great cost-cutting sweeping the industry, possibly undermining the greatest tool against unfettered, unchecked AI. Those moves come right as society has come to understand what can happen if AI escapes its guardrails, making AI ethics more important than ever. Here's why humans will help bring responsible AI to fruition.

☆ Israel isn't 'out of the woods' even though Netanyahu paused the plan that pushed his country into chaos
▼ + stars: | 2023-03-28 | by ( John Haltiwanger | Jake Epstein | ) www.businessinsider.com time to read: +9 min

A judicial overhaul plan pushed by Netanyahu's government sparked a major crisis in Israel. "The crisis was deferred, but definitely not resolved," a former US ambassador to Israel told Insider. Prime Minister Benjamin Netanyahu was forced to hit pause on a deeply controversial plan to overhaul the country's judiciary, but Israel's problems are far from over. One piece of the plan has already been passed into law, narrowing the circumstances under which a prime minister can be deemed unfit for office. Israeli Prime Minister Benjamin Netanyahu attends a voting session in the Knesset, the Israeli parliament, in Jerusalem, Israel on March 27, 2023.

☆ Failure of Silicon Valley Bank Mirrors the Myth of the Wild West
▼ + stars: | 2023-03-19 | by ( Adam Rogers | ) www.businessinsider.com time to read: +10 min

As Silicon Valley Bank went down the tubes, it wasn't surprising that the loudest mouths in Techworld started demanding that the federal government cover everyone's losses. They were pioneers on the frontier of tech and finance, and as such they acted the way pioneers always do. Myths of the frontiersIt's unfashionable for people in the tech industry to dispute the central role that government-funded infrastructure and academic projects have played in the development of Silicon Valley and the digital age. Shout down into Silicon Valley and you'll hear echoes of this same pioneer myth. They see themselves as heroes not of a Western frontier but of space — the Final one — as refracted by the legendary writers of the Golden Age of Science Fiction.

☆ An elite Bronze Age man who underwent brain surgery 3,500 years ago may have suffered from leprosy, archaeologists believe
▼ + stars: | 2023-02-26 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

Archaeologists discovered the remains of a man from the Bronze Age who had a rare brain surgery. The two brothers discovered were likely elite or even royal members of their society. "It's hard to overstate Megiddo's cultural and economic importance in the late Bronze Age," he said in a statement. Rachel Kalisher, a Ph.D. student, analyzed the bones of two upper-class brothers who were buried beneath the ancient city of Megiddo. Evidence of brain surgery — angular notched trephination — was discovered in the older brother.

☆ Disney CEO Bob Iger has 'very little room for maneuver' as he tackles layoffs, budget cuts, a company reorg, and questions over the future of Hulu and ESPN
▼ + stars: | 2023-02-07 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +11 min

Disney chief Bob Iger will speak Wednesday on his first quarterly earnings call since returning as CEO. Wall Street wants to see how Disney plans to boost profitability this year and whether it will trade ESPN or Hulu. Aside from a quick visit to Disney World in January, Bob Iger has been lying very low. Media investor Ross Gerber told Insider that Iger would get back to focusing on content rather than on the distribution mechanism. Iger tweeted a photo of himself at Disney World, dressed in a relaxed green cardigan and gray slacks as he posed with cast members on January 19.

☆ Pervez Musharraf, Pakistan martial ruler in 9/11 wars, dies
▼ + stars: | 2023-02-05 | by ( ) www.cnbc.com time to read: +12 min

Pakistan's former military ruler Pervez Musharraf has died in Dubai aged 79 after a long illness, the army said on February 5, 2023. By Sept. 12, then-U.S. Secretary of State Colin Powell told Musharraf that Pakistan would either be "with us or against us." They regrouped and the offshoot Pakistani Taliban emerged, beginning a yearslong insurgency in the mountainous border region between Afghanistan and Pakistan. Though Pakistan under Musharraf launched these operations, the militants still thrived as billions of American dollars flowed into the nation. Born Aug. 11, 1943, in New Delhi, India, Musharraf was the middle son of a diplomat.

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