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CNN —After his team’s first victory earlier this month, University of Colorado football coach Deion Sanders said something remarkable. He has entered one of the Whitest and most conservative institutions in America — college football — and excelled. It’s no secret the league has had a poor record of hiring Black coaches. Ron Jenkins/Getty ImagesHe’s brought an “audacious Blackness” to college football that’s revolutionary, one commentator says. In many ways, the profession at this level has become welfare for white coaches.
Persons: CNN —, Deion Sanders, , ” Sanders, Sanders, He’s, Muhammad Ali, Lil Wayne, Kawhi Leonard, Dwayne “, ” Johnson, ” Deion Sanders, Dwayne, Johnson, Andrew Wevers, , ” Clinton Yates, Obama, George Floyd, White, , It’s, Colin Kaepernick, Carmen Mandato, He’ll, , ” Greg Moore, Al Campanis, weren’t, Doug Williams, Rick Stewart, “ I’m, That’s, he’s, Shedeur Sanders, Ron Jenkins, , ” Vaughn Wilson, Ted Johnson, Deion, “ Sanders, Bakari K, Lumumba, cornerbacks, John Blake Organizations: CNN, University of Colorado, LA Clippers, Colorado, USC, BET, Colorado Buffaloes, Colorado State Rams, USA, Sports, Reuters, Buffaloes, Georgetown Hoyas men’s, University of Miami football, UNLV, Michigan, US Supreme Court, America —, NFL, White, Los Angeles Dodgers, Washington Redskins, Super, Blacks, of Famer, Jackson State University, TCU, Fort Worth , Texas . Colorado, Jackson State, Washington Post, that’s, Pan, Oregon Ducks, Black Locations: Boulder, Boulder , Colorado, Black America, America, Alabama, Georgia, Louisiana, Arizona, White America, Colorado, Mississippi, Fort Worth , Texas, White
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
Greta Gerwig’s ‘Barbie’ Dream Job
  + stars: | 2023-07-11 | by ( Willa Paskin | ) www.nytimes.com   time to read: +3 min
Someone more cynical than Gerwig might have been less moved by Mattel’s corporate epiphany, 60 years into existence, that Barbie could sustain being a size 6, but cynicism is clearly not Gerwig’s way. The movie sidesteps whatever role Barbie might play in perpetuating a narrow, idealized femininity; instead it gives this particular Barbie a crash course in modern misogyny. After decades of fretting about girls’ wanting to be as perfect as Barbie, Gerwig serves up a Barbie struggling to be as resilient as us. This woman is played by the 91-year-old, Oscar-winning costume designer Ann Roth, a friend of Gerwig’s. If I don’t have that scene, I don’t know what it is or what I’ve done.”
Persons: Barbie, , , Gerwig, Ruth Handler, Rhea Perlman, Ariana Greenblatt, Ann Roth, Gerwig’s, , , ” Gerwig Organizations: Mattel Locations: Barbieland, Los Angeles
Two years into their marriage, Talia and Malissa Williams were working diligently to lay the groundwork for the rest of their lives together. The couple had talked about settling permanently in Rolling Fork, the tiny Mississippi Delta hometown that Malissa had followed Talia back to a few years earlier. But the medical billing and coding jobs they’d been studying for weren’t likely to be found within an hour’s drive. Their older wooden house — essentially their least worst option in a town with a limited supply of rental housing — gave them nothing but problems. “My heart is in Rolling Fork, it will always be there,” Talia, 42, said as she stood outside the motel room, 45 minutes’ drive away, that is serving as the couple’s temporary home.
Persons: Talia, Malissa Williams, Malissa, , ” Talia, Organizations: Mississippi Delta Locations: Rolling Fork, Mississippi, Rolling
The Kenyan writer Binyavanga Wainaina was many things in his short, frenetic life: memoirist and roving essayist, trailblazing editor and publisher, agitator and activist. After winning the Caine Prize for African Writing in 2002, he used his prize money to finance a new literary journal, Kwani? (“So what?” in Nairobi slang), helping to promote a generation of Kenyan and African writers. His 2005 essay in the British literary journal Granta, “How to Write About Africa,” eviscerated timeworn Western tropes about Africa and African writing. Wainaina, who died in 2019 at age 48, became an outsize figure on the literary landscape, his omnivorous brilliance matched by ambition and vision on a continental scale.
Persons: Binyavanga Wainaina, Organizations: Granta Locations: Nairobi, Africa
TechCheck Weekly #7: The stocks AI could replace
  + stars: | 2023-05-05 | 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 EmailTechCheck Weekly #7: The stocks AI could replaceYou've heard about the AI winners – Microsoft, Google, Nvidia and others leading the shift. But what about AI roadkill? The companies who could see their entire business models eviscerated by the coming wave of generative AI? Edtech company Chegg was the first public company to blame AI and ChatGPT for a weak outlook, and lost 50% of its value in one day. This week on TechCheck weekly, the companies most at risk from the AI revolution.
Disney's Florida surprise: an end run around DeSantis
  + stars: | 2023-03-30 | by ( ) www.reuters.com   time to read: +2 min
[1/2] People gather at the Magic Kingdom theme park before the "Festival of Fantasy" parade at Walt Disney World in Orlando, Florida, U.S. July 30, 2022. Florida lawmakers passed a bill in February giving Governor Ron DeSantis effective control over a board that oversees municipal services and development in a special district that encompasses Walt Disney World resort. "It completely circumvents the authority of this board to govern," board member Brian Aungst Jr. was quoted as saying. Disney's then-chief executive officer, Bob Chapek, publicly voiced disappointment with the measure, saying he called DeSantis to express concern about it becoming law. In a move political observers viewed as retaliation for Disney's criticism of the Parental Rights in Education Act, Florida lawmakers passed legislation that ended Disney's virtual autonomy in developing 25,000 acres in central Florida where its theme parks are located.
LONDON/NEW YORK (Reuters) -UBS sealed a deal to buy rival Swiss bank Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss authorities said on Sunday. FILE PHOTO: The logo of Credit Suisse is pictured in front of the Swiss Parliament Building, in Bern, Switzerland, March 19, 2023. The reports that UBS is acquiring Credit Suisse will likely magnify Credit Suisse’s problems by moving them to UBS... The Credit Suisse issues are not new and needed to be resolved years ago. A legal challenge by Credit Suisse shareholders, who will claim that their property has been illegally confiscated, is guaranteed.
The investment portfolios where the regional banks have parked the deposits of their clients comprise mainly Treasuries and other securities, such as mortgage bonds. Some of the loan books of these banks are also underwater, due to high rates and concerns about an economic slowdown. Another complication in cutting a deal with regional banks is the uncertainty over the interest rate outlook, said a lawyer who works on transactions involving banks. Those studying deals and trying to assess the future value of regional banks are hoping for clarity on how aggressively the central bank will move to raise rates further, the lawyer said. MUDDLING THROUGHIt is unclear how long some regional banks can muddle through without a deal.
In a text message with his producer, Alex Pfeiffer, Mr. Carlson appeared livid that viewers were turning against the network. On Nov. 7, 2020, Mr. Carlson told Mr. Pfeiffer that claims about manipulated software were “absurd.” Mr. Pfeiffer replied later that there was not enough evidence of fraud to swing the election. A video of Carlson from “Tucker Carlson Tonight.” Said publicly on Nov. 19, 2020 Carlson: “We did not dismiss any of it. It aired on the programs hosted by Mr. Dobbs, Ms. Bartiromo and Jeanine Pirro. On Feb. 5, 2021, one day after Smartmatic filed a defamation lawsuit against Fox, Fox Business canceled “Lou Dobbs Tonight.” At the time, Fox said it regularly reviewed its lineup.
Tucker Carlson and Sean Hannity discussed trying to have a Fox reporter fired for a fact-checking tweet. The Fox News commentators took issue with the reporter's rejection of Trump's 2020 election lies. A new court filing in Dominion Voting Systems' lawsuit again Fox includes troves of text messages. Carlson and Hannity apparently did not take kindly to her public rejection of Trump's messaging. Hannity responded saying he had already sent Heinrich's tweet to Fox News CEO Suzanne Scott with a "really?"
There's a bullish case on stocks that's not gained much traction yet. With another 4%-5% upside in the S & P 500 , the thesis would demand serious attention. A Fed pause? But this time, the S & P 500 had fallen 20% by the time the 10-to-2-year Treasury curve inverted, whereas in past cycles stocks were near a high. The S & P 500 probably needs to reach 4300 — up another 7.5% — to make a solid case for the bear market being over, says John Kolovos of Macro Risk Advisors.
They were victorious in all six states that featured ballot initiatives around abortion access this year. If approved, it would require a 60% threshold of support for future ballot measures to pass, as opposed to the current majority. Ballot initiative groups say that’s the point. Critics have alleged the measure amounts to a test run for a more comprehensive measure that would raise the threshold for all such constitutional ballot initiatives. “They’re trying to use ballot measures — to change ballot measures,” said Fields Figueredo of the Ballot Initiative Strategy Center.
A Culture in the Cross Hairs
  + stars: | 2022-12-19 | by ( Jason Farago | Haley Willis | Sarah Kerr | ) www.nytimes.com   time to read: +30 min
A Culture in theCross Hairs Russia’s invasion has systematically destroyed Ukrainian cultural sites. It has also dealt a grievous blow to Ukrainian culture: to its museums and monuments, its grand universities and rural libraries, its historic churches and contemporary mosaics. This is how empires always work.” The war in Ukraine is a culture war, and the extent of the destruction is becoming clearer. Kyiv Sviatohirsk UKRAINE Damaged or destroyed religious sites Areas controlled by Russia at any time since invasion. Kyiv Sviatohirsk UKRAINE Damaged or destroyed religious sites Areas controlled by Russia at any time since invasion.
Since the early days of the invasion, Mr. Putin has conceded, privately, that the war has not gone as planned. “I think he is sincerely willing” to compromise with Russia, Mr. Putin said of Mr. Zelensky in 2019. To join in Mr. Putin’s war, he has recruited prisoners, trashed the Russian military and competed with it for weapons. To join in Mr. Putin’s war, he has recruited prisoners, trashed the Russian military and competed with it for weapons. “I think this war is Putin’s grave.” Yevgeny Nuzhin, 55, a Russian prisoner of war held by Ukraine, in October.
Emily Brill might be the most hated woman in the pet industry. Now, Brill — the preppy blond daughter of the media magnate Steven Brill — is reinventing herself as the founder of the dog-centric publication The Canine Review. Courtesy of Emily Brill Show less One reader even threatened to cancel their subscription because of the so-called bird-massacre photo shoot. Courtesy of Emily Brill Show less Brill says the photos reassure readers that "I'm not a stereotypical sort of Manhattan, head-up-my-ass, agenda, PETA person." It isn't a bad start, but "she's got a long way to go to make it really thrive," Steven Brill told Insider.
He told Insider he wasn't surprised to see court challenges and worried for people who got refunds. Since Biden announced his plan at the end of August to forgive up to $20,000 in student debt for federal borrowers, the plan has been fraught with legal challenges. I think many of the court challenges have tried to shine light on that," Matthew said. "My generation, the millennial, Gen Z generation, are facing a significant problem with student-loan debt," he said. "This radical scheme must be eviscerated entirely, and Republicans will continue to support legal challenges to achieve that end."
"I just don't know how to tell this news to my kids," one employee wrote. "At some point we have to stop calling them leadership," another employee wrote. In a memo to employees, Amazon's devices chief, Dave Limp, pinned the layoffs on an adverse economic climate. A new breaking point for corporate employeesIndeed, some Amazon employees had already reached a breaking point. On Discord, a small group of Amazon employees began broaching a taboo topic: Unionizing.
Michael Burry suggested the FTX fiasco and other crypto scandals could be good news for gold. The "Big Short" investor teased a bet against the market, despite his recent stock purchases. The investor of "The Big Short" fame was almost certainly referring to the financial pressures spreading across the crypto industry that have hit Sam Bankman-Fried's collapsed crypto exchange FTX. He shot to fame for his monster bet against the mid-2000s housing bubble, which was immortalized in the book and the movie "The Big Short." Read more: A Michael Burry expert breaks down what makes the 'Big Short' investor special.
Renaissance Technologies eviscerated its Tesla and Twitter stakes last quarter. Jim Simons' quant fund also slashed the value of its Twitter bet from around $94 million to below $11 million. The quantitative fund pared its Tesla position from a split-adjusted 2.2 million shares valued at $504 million at the end of June, to only 1,400 shares worth less than $400,000 at the end of September. Moreover, it cut its Twitter stake from 2.5 million shares worth $94 million at the midpoint of this year, to 248,000 shares valued around $11 million on September 30. On the other hand, it boosted its Airbnb bet by 30% to 7.3 million shares, meaning the home-rental platform jumped from its 17th-largest holding to number four on the list.
Donald Trump is going to "come out swinging" next week with his "big announcement," an adviser said. Trump's early announcement may be an attempt to deter other viable GOP candidates, The Daily Beast reported. "I would expect Trump to come out swinging Tuesday," an unnamed adviser familiar with the matter told the Daily Beast. The potential for strong GOP challengers may be drawing Trump to make a relatively early announcement as he tries to deter viable candidates from running, according to the Daily Beast. "I'm sure there will be challengers," the anonymous adviser told the Daily Beast.
Syed was convicted of killing 18-year-old ex-girlfriend Hae Min Lee, whose body was found buried in Baltimore’s Leakin Park in 1999. Family attorney Steve Kelly said Lee's survivors do not believe Baltimore prosecutors will opt for another trial. “The family has very little hope at this point, they are not hopeful that anybody will ever face justice for Hae’s murder,” Kelly said Tuesday. Mosby's hedged comments belie court action moments earlier when her own prosecutor eviscerated the state's successful murder case against Syed. In her arguments in court Monday, prosecutor Becky Feldman attacked virtually every crucial point of the state's case against Syed.
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