DIRS.INFO The most relevant business & tech news

☆ While Boeing's passenger planes glitch, NASA is entrusting the company's spaceship with 2 astronauts' lives
▼ + stars: | 2024-05-04 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +10 min

Boeing is about to fly NASA astronauts to the International Space Station for the first time. Still, the FAA, NASA, and other aerospace experts have questioned Boeing's overall safety culture. NASA astronauts Butch Wilmore and Suni Williams conduct suited operations in the Boeing Starliner simulator at NASA's Johnson Space Center. This Crew Flight Test mission is over a decade in the making. He added that those calculations are for a full 210-day mission, while Whilmore's and Williams's test flight lasts just one week.

Persons: —, NASA's Butch Wilmore, Suni Williams, Butch Wilmore, Robert Markowitz They're, jetliner, AeroSystems, Bill Nelson, Kim Shiflett, George Nield, Bjorn Fehrm, Fehrm, KPIs, Doug Loverro, Baz Ratner, Bill Ingalls, Steve Stich, Nield, We've, Wilmore, Starliner, Whitmore, Williams Organizations: Boeing, NASA, International Space Station, FAA, Service, Defense, Boeing's, International Space, Space Center, ISS, Max, NTSB, AP, Alaska Airlines, United Airlines, Federal Aviation Administration, Department of Justice, Atlas, Cape Canaveral Space Force, Space Transportation, New York Times, Leeham, Business, Ethiopian, Ethiopian Airlines, Aerospace, Committee, White, Bill Ingalls NASA, US, Spaceflight Locations: Portland, Florida, It's, New Mexico

☆ Activist Nihon Global puts forth ideas to build shareholder value at noodle giant Toyo Suisan
▼ + stars: | 2024-05-04 | by ( Kenneth Squire | ) www.cnbc.com time to read: +11 min

Toyo Suisan has consistently outperformed Nissin Foods in North America, one of the most profitable and fastest-growing markets in the world. It generally starts with shareholder proposals that by regulation can only address specific issues, such as capital allocation and dividends. Last year, 3% of corporate governance shareholder proposals were passed and 4% of balance sheet-based shareholder proposals were passed. First, it shows the opportunities available to activists in Japan where reasonable shareholder proposals could lead to significant shareholder value creation. Brian Doyle of Nihon Global and his team are a good example of this.

Persons: Toyo Suisan, Toyo Suisan's, Nissin, Nihon, hasn't, Judge Chamberlain Haller, Vinny, Nihon Global's, Brian Doyle, Hiroyuki Otsuka, Carlyle, Ken Squire Organizations: Toyo, Nihon Global Growth Partners Management, Nihon Global, Nihon, Nissin, Foods, Nissin Foods, Tokyo Stock Exchange, U.S, White, Newton Investment Management, 13D Locations: Japan, Toyo, North America, Mexico, U.S, American, United States, Asia

☆ Who Is Hope Hicks, Once One of Trump’s Most Trusted Advisers?
▼ + stars: | 2024-05-03 | by ( Maggie Haberman | Matthew Haag | ) www.nytimes.com time to read: +1 min

Hope Hicks was 26 years old and had no political experience when Donald J. Trump plucked her from a job at his daughter Ivanka’s clothing business and hired her for his presidential campaign in 2015. In the years that followed, she rose to be one of his most trusted advisers, eventually serving as the White House communications director. But Mr. Trump has been angry with Ms. Hicks since 2022, when text messages emerged during a House investigation into his efforts to stay in power after his election loss. The messages showed that she had been critical of him after the Jan. 6, 2021 attack on the Capitol by his supporters. Now, Ms. Hicks, 35, has taken the stand in Mr. Trump’s hush-money trial in a Lower Manhattan courtroom.

Persons: Hope Hicks, Donald J, Trump, Hicks, Trump’s, Michael D, Cohen Organizations: White House, Capitol, Trump Locations: Lower Manhattan, Manhattan

☆ Hope Hicks Takes the Stand: 5 Takeaways From Trump’s Criminal Trial
▼ + stars: | 2024-05-03 | by ( Jesse Mckinley | Kate Christobek | ) www.nytimes.com time to read: +1 min

Gasps were heard in the overflow courtroom when Hope Hicks was called as a witness on Friday in Donald J. Trump’s criminal trial in Manhattan, an audible sign of the anticipation as Mr. Trump’s former press secretary and White House communications director took the stand. In nearly three hours on the stand, Ms. Hicks described the impact on Mr. Trump’s campaign of the so-called “Access Hollywood” tape, in which Mr. Trump bragged about grabbing women’s genitals. As soon as the tape was disclosed in October 2016, Ms. Hicks said, she knew it would be “a massive story.”Taking the stand under a subpoena, Ms. Hicks said she was nervous, and at one point, early in the cross-examination, she broke down in tears. The Manhattan district attorney has charged Mr. Trump, 77, with falsifying 34 business records to hide a $130,000 payment to Stormy Daniels, a porn star who says she and Mr. Trump had a tryst in 2006 while he was married. Mr. Trump, the first American president to face criminal prosecution, has denied the charges and says he did not have sex with Ms. Daniels.

Persons: Gasps, Hope Hicks, Donald J, Trump’s, Hicks, Trump, Stormy Daniels, Daniels Organizations: White House Locations: Manhattan

☆ Biden presents Medal of Freedom to key political allies, civil rights leaders, celebrities and politicians
▼ + stars: | 2024-05-03 | by ( Michael Williams | Sam Fossum | ) edition.cnn.com time to read: +6 min

Washington CNN —President Joe Biden on Friday honored 19 Americans with the nation’s highest civilian honor, the Presidential Medal of Freedom - a diverse list that includes some high-profile Biden political allies, celebrities, civil rights leaders and even one of his former political rivals-turned-financial backer. The list included two of Biden’s core allies in the House of Representatives: former House Speaker Nancy Pelosi and South Carolina Rep. Jim Clyburn. President Joe Biden awards the Medal of Freedom to Democratic Rep. James Clyburn during a ceremony in the East Room of the White House on May 3, 2024 in Washington, DC. President Joe Biden presents the Presidential Medal of Freedom to Olympic swimmer Katie Ledecky during a ceremony at the White House in Washington, DC, on May 3, 2024. They are the pinnacle of leadership in their fields,” the White House said in the statement.

Persons: Joe Biden, Biden, Nancy Pelosi, Jim Clyburn, Pelosi, Donald Trump, “, ” Biden, “ Nancy, Paul, ” Clyburn, coalescing, Clyburn, James Clyburn, Kevin Dietsch, Jim, ”, Michael Bloomberg, Michelle Yeoh –, Barack Obama, Sen, Elizabeth Dole, Bob Dole, Al Gore –, John Kerry, George W, Bush, Gore “, Donald Trump’s, Kerry, Opal Lee, Medgar Evers, Frank Lautenberg, Jim Thorpe, Clarence B, Jones, Martin Luther King’s, Juneteenth, Judy Shepard, Matthew, Jane Rigby, Ellen Ochoa, Katie Ledecky, Phil Donahue, Greg Boyle, United Farm Workers Teresa Romero, Evelyn Hockstein, Simone Biles, John McCain, Gabby Giffords Organizations: Washington CNN, South Carolina Rep, Democratic, Representatives, Democratic Rep, White, New York, Bloomberg, Republican, Getty, Jesuit Catholic, United Farm Workers, Reuters “ Locations: South Carolina, Washington , DC, Florida, United States, North Carolina, Massachusetts, American, Delaware, Washington ,

☆ Kristi Noem's book has more problems than just her brutal dog-killing admission
▼ + stars: | 2024-05-03 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Kristi Noem is facing concerns about her forthcoming book beyond her bizarre anecdote that she killed the family's 14-month-old dog because it was too aggressive. "We've been made aware that the publisher will be addressing conflated world leaders' names in the book before it is released," Noem spokesperson Ian Fury told the publication. Advertisement"Hi, Governor, this is Ambassador Nikki Haley, and I just wanted to introduce myself and have a conversation," Noem wrote of the talk. After the conversation, Noem claims she called an aide. "Nikki has long called and written notes supporting other women when they go through challenging times," Haley spokesperson Chaney Denton told Politico.

Persons: —, Kristi Noem, Kim Jong Un, We've, Noem, Ian Fury, Donald Trump's, I've, Steve Bannon, Donald Trump Jr, Kim mixup isn't, Nikki Haley, Haley, Haley's, Trump, Nikki, Chaney Denton Organizations: Service, Dakota Gov, Politico, North, Business, South, Republicans, Trump, White, GOP Locations: South Dakota

☆ Hasan Minhaj jokes that losing 'The Daily Show' hosting gig paved the way for bringing back Jon Stewart: 'I saved a dying institution'
▼ + stars: | 2024-05-03 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

Hasan Minhaj was a frontrunner for the "Daily Show" hosting gig after Trevor Noah left. In the wake of a New Yorker story that fact-checked his stand-up, Minhaj didn't get the job. He joked that his not getting the gig paved the way for Jon Stewart to bring back the show's ratings. Minhaj joked that losing the gig paved the way for the late-night show's resurgence, according to Variety. Onstage at the comedy festival Thursday, Minhaj bantered with "The Daily Show" correspondent Ronny Chieng about losing the job.

Persons: Hasan Minhaj, Trevor Noah, Minhaj didn't, Jon Stewart, —, Minhaj, Roy Wood Jr, Mike Birbiglia's, Stewart, Ronny Chieng, Chieng, I'm Organizations: Yorker, Service, Netflix, Variety, Central Locations: Los Angeles, Yorker

☆ She's worked for Nike, the NBA — and Maya Angelou. Meet abstract artist Ya La'ford
▼ + stars: | 2024-05-03 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +5 min

Artist Ya La'ford in front of one of her artworks. Ya La'fordAbstract artist Ya La'ford is in demand. Her commissions — including sculpture, installations and gallery exhibitions — mean she is fully booked for the next four years. "American Roots" (2021), an installation at The John and Mable Ringling Museum of Art in Sarasota, Florida, by Ya La'ford. The work was defaced in 2012 and restored in 2014, and Ya La'ford said it is one of her favorite artworks.

Persons: Ya, Ya La'ford, La'ford, She's, Janet Jackson, John, Maya Angelou, Maya, Melinda Gates, Mark Rothko's, London's, Rob Stothard Organizations: Nike, McLaren Racing, Orlando Magic, CNBC, NFL, Ringling Museum of Art, Fine Arts, Art Institute of Boston, University of Florida's Levin College of Law, Orlando Museum of Art . Orlando Museum of Art, U.S, Tampa Museum of Fine Arts, Asia, London's Tate, Getty Locations: St . Petersburg , Florida, Sarasota , Florida, Houston, China, Palenque , Colombia, St . Petersburg, Ogden , Utah, Jacksonville , Florida, Bronx , New York

Hope Hicks, a former longtime advisor to Donald Trump, took the witness stand in his hush-money trial Friday. Hicks was Trump's 2016 campaign press secretary and later his White House communications director. AdvertisementHope Hicks, an ex-White House aide and longtime advisor to Donald Trump, broke down in tears while on the witness stand on Friday in the former president's hush-money criminal trial. After answering "yes," Hicks grabbed a tissue and turned to her left while sitting on the witness stand. Hicks took the witness stand again after about a five-minute break, looking flushed but calmer.

Persons: Hope Hicks, Donald Trump, Hicks, —, Emil Bove, Ms, Juan Merchan, Trump, Stormy Daniels, Trump's, Michael Cohen, Hicks —, Cohen, Daniels Organizations: White House, Service, White, Trump Organization, Trump, Prosecutors, Attorney's, Daniels, National Enquirer Locations: Trump, Manhattan

☆ Opinion: I’ve seen too many young journalists pay the ultimate price. It’s them I’ll be thinking of today
▼ + stars: | 2024-05-03 | by ( Opinion Jon Williams | ) edition.cnn.com time to read: +10 min

When a journalist is killed, it is not just their voice that is silenced: Press freedom is your freedom. Over 30 years ago, the United Nations recognized May 3 as World Press Freedom Day: a global reminder of the importance of press freedom and an opportunity to assess its health around the world. The Committee to Protect Journalists (CPJ) found that at least 100 journalists and media workers have been killed since we last marked World Press Freedom Day. Tragically, on this World Press Freedom Day, our work is needed more than ever. On this World Press Freedom Day, the fallen who gave their lives for the truth should serve as a reminder as to why press freedom is really your freedom.

Persons: Jon Williams, Rory Peck, Read, Jon Williams Rory Peck, Bayeux, ”, Simon Cumbers, Simon, Al, Louise, Cumbers, Johnny Green, Thomas Jefferson, ” Jefferson, it’s, Dom Phillips, Phillips, Aldeia Maloca, Bruno Pereira, Joao Laet, don’t Organizations: Rory Peck Trust, BBC News, ABC News, CNN, 1st Cavalry, Canadian, BBC, The Washington Post, United Nations, Protect Journalists, Getty, United, Twitter, Facebook Locations: Bayeux, Northern France, France, Omaha Beach, Europe, Nazi Germany, Normandy, Paris, “, Saudi Arabia, Al Qaeda, Saudi, Riyadh, Ireland, London, South, Indonesia, Turkey, India, Madrid, Irish, Kabul, Afghanistan, Gaza, Ukraine, Honduras, Sudan, Philippines, Brazil, Aldeia, Roraima, AFP, Britain, United States, Israel, Egypt

☆ Election Updates: Biden and Trump tussle over the economy with the new jobs report.
▼ + stars: | 2024-05-03 | by ( Shane Goldmacher | ) www.nytimes.com time to read: +2 min

The latest employment report on Friday showing a lower-than-forecast 175,000 new jobs across the country in April became immediate fodder for the 2024 presidential race. The monthly jobs report is likely to be quickly forgotten in the campaign. But the biggest impact could be on the Federal Reserve, which sets interest rates in the country. Mr. Trump himself appears to be closely tracking the rate decisions of the Federal Reserve. At the Manhattan courthouse on Thursday, Mr. Trump said, “Interest rates are obviously not going to be reduced prior to the election because inflation is roaring back.”

Persons: Donald J, Trump, Biden, Biden’s, Jerome H, Powell, ” Organizations: White, Federal Reserve, The New York Times, Siena College, Mr Locations: New York, Manhattan

Major corporations often don't want to seem like they're taking one side politically, so they either sponsor both conventions, or neither. Conventions could see new sponsorsThe Democratic and Republican conventions this summer are the first fully in-person conventions since the 2016 election. Democratic convention organizers in April said if corporations had any reluctance to back the RNC, it hasn't hampered Chicago's efforts to lure donors. Microsoft in 2012 contributed over $1.5 million in a mix of in-kind and cash contributions to the Republican convention. JPMorgan donated $200,000 to the 2012 Republican convention and didn't write a check for the 2016 event.

Persons: Donald Trump, Jon Cherry, Rashad Robinson, Robinson, —, Fiserv, Greg Goldner, Trump, Donald Trump's, aren't, they'll, Joe Biden, Trent Morse, Morse, they've, Alison Prange, Reince Priebus, Priebus, it's, Steve Kornacki's, Biden, Nancy Pelosi, Michelle Yeoh, Natalie Edelstein, Michael Sacks, Sacks, J.B . Pritzker, Barack Obama, Alex Hornbrook, There's, Taylor Swift, she's, Mitt Romney, Obama, didn't, General Motors Organizations: Christian Media, The Gaylord, Center, Getty, Republican National Convention, Republican, NBC News, Trump, Fiserv Inc, Democratic, Fiserv, RNC, Resolute Consulting, GOP, Corporations, Fortune, Milwaukee Journal Sentinel, Democrats, White House, Milwaukee, NBC, Wall, Republican National Committee, Wall Street, Biden, TV, Kentucky Derby, Street Journal, Northwestern Mutual, Wisconsin Fortune, Democratic National Convention, WEC Energy Group, Manpower Group, Conventions, Metropolitan Milwaukee Association of Commerce, DNC, Convention, Chicago, Longtime Democratic, Illinois Gov, White, Correspondents, Commission, Facebook, Google, Microsoft, Bank of America, FEC, Meta, Skype, CNBC, JPMorgan Chase, Walmart, JPMorgan, General Motors, General, Motors, Comcast, Press, Trade Locations: Nashville , Tennessee, Milwaukee, Wisconsin, America, Chicago, NBCUniversal, Philadelphia

☆ White House counts jobs report as a win, though inflation path – and interest rate cuts – far from certain ahead of November
▼ + stars: | 2024-05-03 | by ( Kayla Tausche | ) edition.cnn.com time to read: +4 min

Within the walls of the White House, it was seen the same way, stoking relief among officials, who said the data hewed near the team’s own targets for ideal job creation. In the wake of the latest jobs report, many market participants are now expecting the Federal Reserve to begin cutting interest rates in September, potentially easing a source of consternation for voters. Mark Zandi, an economist at Moody’s cited frequently by the White House, said certain psychological thresholds will remain important as the election approaches. In the meantime, White House officials continue to watch the data carefully and refrain from declaring victory until it bears out the trajectory the Biden administration wants to see. “The best measure of inflation is inflation,” the official told CNN.

Persons: Joe Biden, Ron Klain, “, Mark Zandi, Moody’s, ” Zandi, Biden “, ” Biden, Mandel Ngan, – Biden, Biden Organizations: CNN, Federal Reserve, White, Biden, Democratic, Reserve, Wilmington Convention, Getty Locations: Wilmington, Wilmington , North Carolina, AFP

☆ It's getting really hard to find a job that pays well
▼ + stars: | 2024-05-03 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +5 min

Job growth in April was concentrated in traditionally low-paying sectors like healthcare and retail. Wage growth, though slower, still outpaces inflation, which is still a boon for workers. That's because the industries that led job growth in April are traditionally low-paying. Indeed, job growth is concentrated in industries that are historically low-paying — and continue to pay less than the average across private industries. As Pollak notes, "wage growth has come down sharply, but it's mostly come down in industries where it was very rapid before."

Persons: —, it's, Jobs, that's, Labor Julie Su, Julia Pollak, It's, Kate Bahn, Insider's Aki Ito, Pollak, ALICE, They're, Nick Bunker, Bunker Organizations: Service, Federal Reserve, Labor, Healthcare, Institute for Women's, North, Business Locations: Bahn, North America

☆ Analysis: Why the Israel-Hamas war isn’t Biden’s Vietnam
▼ + stars: | 2024-05-03 | by ( Harry Enten | ) edition.cnn.com time to read: +5 min

CNN —Joe Biden’s Democratic base has been divided over the Israel-Hamas war. To some, including people within Biden’s own party, the public demonstrations against the war in Gaza remind them of the Vietnam War protests. A mere 2% answered with some version of the Israel-Hamas war (e.g., the Middle East conflict). An unpopular warThis is dramatically different from what we saw in 1968, when the Vietnam War forced President Lyndon Johnson to abandon his reelection bid. Only a small fraction of that polling decline can be attributed to Biden’s war response.

Persons: Joe Biden’s, Biden, That’s, Lyndon Johnson, it’s, Donald Trump, Trump, Biden’s Organizations: CNN, Joe Biden’s Democratic, NBC, Gallup, Republican, Trump, Black South, ABC, Quinnipiac Locations: Israel, Gaza, Vietnam, Africa’s, South Africa

☆ Who is Hope Hicks, longtime Trump aide who is testifying in NY hush money case?
▼ + stars: | 2024-05-03 | by ( Michelle Shen | ) edition.cnn.com time to read: +8 min

Washington CNN —Hope Hicks, once a longtime trusted aide in Donald Trump’s inner circle, is testifying Friday in the New York hush money trial after being subpoenaed. As CNN reported previously, Hicks appeared before the grand jury last year before Trump was indicted, as did Trump counselor Kellyanne Conway. According to reporting from “The Divider: Trump in the White House, 2017-2021,” Trump is quoted as saying, “Well, Hope doesn’t believe in me.”“No, I don’t,” Hicks replied, according to the book. “Nobody’s convinced me otherwise.”In October 2022, Hicks testified before the House select committee investigating the January 6, 2021, Capitol riot. In a video clip played by the committee, Hicks testified about a conversation she had with Trump after the election, regarding his baseless claims of election fraud.

Persons: Washington CNN — Hope Hicks, Donald Trump’s, “, ” Hicks, Hicks, Trump, Kellyanne Conway, Cohen, Stormy Daniels, Rob Porter, Trump’s, Porter, ” Trump, Hope doesn’t, ”, “ Nobody’s, Trump “, ’ ” Hicks, Daniels, ” Cohen, Prosecutors, upended, –, David Pecker, Dylan Howard, Stephanie Clifford, I’ve, Sheila Jackson Lee, Jerry Nadler, Nadler, ’ Organizations: Washington CNN, CNN, Trump, Trump Organization, White, House Intelligence, Fox News, Trump White, House, Capitol, Politico, US, of, American Media Inc, AMI, National Enquirer, FBI, ” Prosecutors, Democratic Rep, New York Democrat Locations: New York, Southern, of New York, Trump’s

It is the middle of Sunday afternoon, and he has not yet finished his shift at the barbershop. “I took a break for the love of the game,” Mr. Adeshina said. Mr. Adeshina became an Arsenal fan in the late 1990s, when Nigerian cable channels first began broadcasting the Premier League. If anything, though, Mr. Adeshina says his connection to the team is even deeper now. “He’s Yoruba, I’m Yoruba,” Mr. Adeshina said, in a tone rather softer than that with which he celebrated his idol’s first-half goal against Spurs.

Persons: Mayowa, “, Mr, Adeshina, Germain, Nwankwo Kanu Organizations: Arsenal, Real, Premier League, Tottenham Hotspur, Spurs Locations: Real Madrid, Barcelona, Paris, Nigeria, London

☆ Guo Wengui chief of staff Yvette Wang pleads guilty to $1 billion fraud conspiracy in New York
▼ + stars: | 2024-05-03 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Fugitive Chinese billionaire Guo Wengui hold a news conference on November 20, 2018 in New York, on the death of of tycoon Wang Jian in France on July 3, 2018. The chief of staff to controversial exiled Chinese businessman Guo Wengui pleaded guilty in New York on Friday to a fraud conspiracy that swindled more than $1 billion from hundreds of thousands of victims around the world, prosecutors said. Yvette Wang's plea came weeks before the 53-year-old Guo is set to stand trial in Manhattan federal court for related charges. Wang was scheduled to stand trial with Guo in that case before her plea. She faces a maximum possible sentence of 10 years in prison for the charges of conspiracy to commit wire fraud, and conspiracy to commit money laundering.

Persons: Guo Wengui, Wang Jian, Yvette Wang's, Guo, Wang, Steve Bannon, Damian Williams Organizations: Trump White House, Manhattan U.S Locations: New York, France, Manhattan, United States

☆ I’m a nutritionist from a small California city that's home to America’s longest living people: Here's what I eat every day
▼ + stars: | 2024-05-03 | by ( Eliza Cheng | ) www.cnbc.com time to read: +4 min

I was born and raised, and currently live, in a small city in California called Loma Linda. As a dietitian and nutritionist here, I think a lot about how the foods we eat can help us feel better and thrive into our old age. Here is everything I eat in a day to help promote longevity and overall well-being. Whole grains can help keep your blood sugar levels stable because they are absorbed more slowly into the body. If I opt for soft tofu, I'll cut it into cubes, drizzle it with Vietnamese Hoisin sauce, and sprinkle it with furikake, a seasoning made from nori seaweed, sesame seeds, sugar and salt.

Persons: Stanley, bok choy Organizations: Linda, Studies Locations: California, U.S, America

☆ Buying a first home is 'prohibitively expensive' and 'almost impossible' for many, says Janet Yellen
▼ + stars: | 2024-05-03 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Read previewOwning a home is a key element of the American dream, yet it's become an unattainable fantasy for many people, Janet Yellen said. At the same time, the 30-year fixed mortgage rate has surged from around 3% at the end of 2021 to around 7%. As a result, Yellen said that buying a first home is "almost prohibitively expensive." Prospective sellers are holding off on listing their properties because they're unwilling to give up the dirt-cheap mortgage rate they secured years ago. AdvertisementBiden has also proposed a one-year tax credit of up to $10,000 for middle-class families that sell their starter home to someone who'll live in it.

Persons: —, Janet Yellen, Yellen, Biden Organizations: Service, Treasury, Business, Federal Reserve, White House, Tax, stoke

☆ Jobless rates rise in April for all racial groups except Black Americans
▼ + stars: | 2024-05-03 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: 1 min

The unemployment rate for Black Americans fell in April, bucking the overall trend, according to data released Friday by the Department of Labor. Black Americans remain the racial group with the highest jobless percentage in the U.S., even after the group's unemployment rate dipped to 5.6% last month from 6.4% in March. Still, that's notable compared with the overall unemployment rate — which rose to 3.9% in April from 3.8% — and to the other racial demographics, which all saw their unemployment rates increase last month. White Americans saw their unemployment rate edge fractionally higher to 3.5% from 3.4%. The jobless rate for Asian and Hispanic workers, respectively, rose to 2.8% from 2.5%, and to 4.8% from 4.5%.

Organizations: Black, Department of Labor Locations: U.S

☆ Musician Rosalía brings the straitjacket back into view
▼ + stars: | 2024-05-03 | by ( Leah Dolan | ) edition.cnn.com time to read: +5 min

CNN —On Tuesday, 12-time Latin Grammy winner Rosalía stepped out in New York wearing an outfit that demanded a double-take. (Since the release of her third album, “Motomami,” Rosalía has been spotted in everything from biker-style shield sunglasses to Harley Davidson helmets). In 1994, the New York State’s Office of Mental Health proposed that straitjackets be discontinued after 18 patients died while restrained or in “unsupervised seclusion” between 1988 and 1992. But Rosalía isn’t the first to attempt to recontextualize the garment in the name of fashion. At the Gucci show in 2019, Ayesha Tan-Jones protested the label's straitjacket-inspired clothes by writing "Mental health is not fashion" on their hands.

Persons: Rosalía, Rick Owens, ” Rosalía, Harley Davidson, Gucci, Ayesha Tan, Jones, ”, Alessandro Michele’s, hasn’t, Julia Fox, we’ve, Ye’s, Bianca Censori, John Galliano —, Dior, —, Maison, Dolce, Rosalia Organizations: CNN, York State’s, Mental Health, Fashion, Gucci, Penske Media, Maison Margiela, Dolce, Gabbana Locations: New York, Spanish, York, Gotham, Tan, Florence, Italy, Shanghai, China

☆ Here's where the jobs are for April 2024 — in one chart
▼ + stars: | 2024-05-03 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

The U.S. economy added 175,000 jobs overall , well below Wall Street expectations. Job growth stumbled in April, with a few previous areas of strength showing meager job additions or even losses. The slower job growth could be good news on the inflation front but will raise concerns about a broader economic slowdown. The overall picture is one of a steady labor market with disinflationary growth," Pollak continued. Job growth in transportation and warehousing also accelerated month-over-month with a gain of 21,800.

Persons: Julia Pollak, Pollak Locations: U.S

☆ A New Issue Flares in the 2024 Race: Campus Protests
▼ + stars: | 2024-05-03 | by ( Lisa Lerer | More About Lisa Lerer | ) www.nytimes.com time to read: +1 min

“Dissent is essential to democracy,” Mr. Biden said in brief comments at the White House. The president made clear he had no plans to change his Middle East policy because of the protests. Biden campaign advisers believe the issue is unlikely to significantly harm the president in the election. Students are leaving campus for summer break in the coming weeks, which many believe will help defuse some of the intensity of the protests. None of that stopped Republicans from pouncing on Mr. Biden’s comments.

Persons: Mr, Biden, Biden’s, won’t, Tom Cotton, “, ” Organizations: White, National Guard, “, Republican, U.S Locations: Gaza, Israel, pouncing, Arkansas

☆ Hope Hicks Reluctantly Confronts the Man She ‘Totally Understands’ in Court
▼ + stars: | 2024-05-03 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

On Friday, the audience in the courtroom tensed when prosecutors announced the next person to testify on their behalf: Hope Hicks. She was the meticulously dressed, unfailingly polite aide, a former fashion model who developed a nuanced awareness of, and bottomless patience for, her mercurial charge. “She totally understands him,” Paul Manafort, Mr. Trump’s one-time campaign manager, said in 2016. Unlike other aides, she never had a falling out with Mr. Trump (or wrote a tell-all memoir), serving as the White House communications director and returning for the final year of his administration. But their closeness took a hit when it emerged in 2022 that she had voiced anger in a text message to a colleague over the fallout on Mr. Trump’s staff from the Jan. 6, 2021, attack on the Capitol.

Persons: Donald J, Hope Hicks, Hicks’s, barker, ” Paul Manafort, Trump’s, Trump Organizations: Trump, White House, Capitol

Search resuls for: "White"

25 mentions found