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☆ Harvard has become the poster child for American culture wars in the 11 days since Hamas' terrorist attack on Israel. Here's what's happened.
▼ + stars: | 2023-10-18 | by ( Grace Dean | ) www.businessinsider.com time to read: +15 min

Harvard University has become a flashpoint in the intergenerational divide on the Israel-Hamas war. AdvertisementAdvertisementIn the 11 days since Palestinian militant group Hamas launched its terrorist attack on Israel, Harvard University has become a flashpoint for intergenerational tensions about the war — and the broader culture war around campus free speech. Hamas launches terrorist attacks on IsraelPalestinian militant group Hamas launched a series of terrorist attacks on Israel on October 7, with Israel retaliating. AdvertisementAdvertisement"These hateful Harvard students are the future leaders of our society," Rep. Ritchie Torres of New York wrote on X. Some student groups backtrackSome student groups that co-signed the original statement have since withdrawn their signatures.

Persons: Israel, —, Israel retaliating, Bill Ross, Ian Bremmer, Bremmer, Larry Summers, Tom Williams, Summers, Seth Moulton of, Moulton, Republican Sen, Ted Cruz, Rep, Ritchie Torres, Harvard Hillel, Bill Ackman, @harvard, Meredith Weenick, Weenick, Idan Ofer, Batia, Les Wexner, Ackman, Joe McCarthy, Claudine Gay, Craig F, Walker, Gay, Harvard Crimson, Israel's, Joseph Prezioso, Elise Stefanik, Win McNamee, Marc Rowan, Jon Huntsman Jr, Elizabeth Magill, Davis Polk, Wardwell, Winston, Strawn Organizations: Harvard University, Service, Hamas, Harvard, Republicans, Israel Palestinian, UN, Gaza's Hamas, Harvard Palestine Solidarity Groups, Harvard Undergraduate Palestine Solidarity Committee, Inc, Getty, Republican, New York, Palestine, Alpha, CNBC, Harvard Crimson, Conservative, Media, Harvard University Police Department, Quantum, Group, Harvard's Kennedy School of Government, CNN, Wexner Foundation, Bloomberg, Boston Globe, Nepali Student Association, Harvard Undergraduate Palestine Solidarity, Harvard Yard, New York Republican, New, Apollo Global Management, University of Pennsylvania, Huntsman, University, Columbia University, New York University, NYU Student Bar Association Locations: Israel, Gaza, Seth Moulton of Massachusetts, Ted Cruz of Texas, Harvard's, Harvard, Cambridge , Massachusetts, AFP, New York, Utah, Columbia

The UAW said that 8,700 union members at Ford's Kentucky truck plant went on strike after the union said the No. [1/4]United Auto Workers (UAW) members strike outside of Ford's Kentucky Truck Plant in Louisville, Kentucky, U.S. October 11, 2023. Even with Wednesday's walkout, only about 22% of the 150,000 UAW workers at the Detroit Three automakers are on strike. The walkout in Kentucky will put stress on Ford UAW members beyond the sprawling factory near Louisville. Workers at a dozen other Ford plants that supply engines, transmissions and other components to the plant could be furloughed.

Persons: Shawn Fain's, Fain, Ford, leadership's, UAW bargainers, Harley Shaiken, Shaiken, Wednesday's Ford, walkouts, David Shepardson, Joe White, Abhirup Roy, Heekyong Yang, Peter Henderson, Sayantani Ghosh, Jamie Freed Organizations: DETROIT, United Auto Workers, Detroit Three automakers, UAW, Ford, Duty, Lincoln Navigator, Ford Expedition, Kentucky, Detroit, Motors, Chrysler, Plant, Handout, Detroit Three, Ford UAW, Workers, University of California, GM, Stellantis, BlueOval SK, South Korea's SK, Thomson Locations: Ford's Kentucky, U.S, Kentucky, Arlington , Texas, Stellantis, Sterling Heights, Warren , Michigan, Detroit, Ford's, Louisville , Kentucky, Louisville, Berkeley, South, Tennessee, Washington, San Francisco, Bengaluru, Seoul

A newly remodeled Ford F250 Super Duty truck is displayed at the new Louisville Ford truck plant in Louisville, Kentucky, U.S. September 30, 2016. Analysts at Wells Fargo estimated that Ford will lose about $150 million per week in core profit from the Kentucky plant strike. Even with 8,700 workers at Ford's Kentucky Truck plant now on strike, less than a quarter of the 150,000 UAW workers at the Detroit Three automakers are now on strike. Ford warned on Wednesday that workers at a dozen other factories could be sent home because of the truck plant walkout. Its Kentucky truck plant, the company's most profitable operation, generates $25 billion in annual sales, about a sixth of Ford's global automotive revenue.

Persons: Bryan Woolston, Shawn Fain, Here’s, Fain, Stellantis, Chris McNally, Ford's, Flint, Sam Fiorani, Wells, Colin Langan, Ford, Fiorani, leadership's, Wednesday's Ford, walkouts, Joe White, Abhirup Roy, David Shepardson, Priyamvada, Peter Henderson, Jamie Freed Organizations: Ford, Super, Louisville Ford, REUTERS, Rights, United Auto Workers, UAW, Ford's, Stellantis NV, General Motors, Chrysler, Lincoln, Detroit, AutoForecast Solutions, Detroit Three, Kentucky, GM, Reuters Graphics Reuters, Thomson Locations: Louisville , Kentucky, U.S, Stellantis, Kentucky, Arlington , Texas, Sterling Heights, Warren , Michigan, Detroit, Wells, Its Kentucky, San Francisco, Washington, Bengaluru

☆ Apollo CEO is calling for University of Pennsylvania leaders to resign after he says they refused to strongly condemn antisemitism
▼ + stars: | 2023-10-11 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

Apollo Global Management CEO Marc Rowan is calling for University of Pennsylvania leaders to resign. AdvertisementAdvertisementApollo Global Management CEO Marc Rowan is the latest business leader to slam an Ivy League institution for not taking a stronger stance against what he called antisemitism. AdvertisementAdvertisementAt the time, the university responded, saying in a statement that "we unequivocally — and emphatically — condemn antisemitism as antithetical to our institutional values." But, in light of the attack by Hamas on Israel, Rowan has said the response was not enough. "We see sickening parallels between Harvard leadership's inaction against Harvard's antisemitism and the failure by UPenn's leadership to take a stand against hate," Rowan wrote in his letter.

Persons: Marc Rowan, Hedge, Bill Ackman, Israel, —, Elizabeth Magill, Scott Bok, Rowan, Magill, Magill's, didn't, Pink Floyd, Roger Waters, Carolyn, Ackman, Jonathan Newman, Jake Wurzak, Penn Organizations: Apollo Global Management, University of Pennsylvania, Hamas, Harvard, Service, Global Management, Ivy League, Daily, Defamation League, Jewish, Wharton School's, Advisors, Pershing, Capital Management, Dovehill Capital Management Locations: Israel, UPenn, mater

The UAW said that 8,700 union members at Ford's Kentucky Truck Plant went on strike after the union said the No. For the past four weeks, UAW President Shawn Fain ordered new walkouts on Fridays in video addresses. Wednesday's move came as Ford and UAW bargainers were working to resolve differences on retirement security and union representation of Ford's future battery plants, a Ford official said. The Ford official said Shawn Fain and other UAW officials called a meeting with Ford at 5:30 pm ET on Wednesday and demanded a new offer. Before Wednesday's Ford announcement the union had ordered walkouts at five assembly plants, including two Ford plants, at the three companies and 38 parts depots operated by GM and Stellantis.

Persons: Stellantis, Shawn Fain, Wednesday's, Fain, Ford, leadership's, Harley Shaiken, Shaiken, Wednesday's Ford, walkouts, David Shepardson, Chris Reese Organizations: United Auto Workers, Detroit Three automakers, UAW, Ford, General Motors, Chrysler, UAW bargainers, Kentucky, Detroit, University of California, GM, Stellantis, Thomson Locations: U.S, Berkeley, Washington, Bengaluru

☆ UAW launches strike against Ford's Kentucky truck plant, signaling major escalation in labor fight
▼ + stars: | 2023-10-11 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

DETROIT – United Auto Workers has unexpectedly expanded its U.S. strikes at Ford Motor to a highly profitable SUV and truck plant for the automaker in Kentucky. ET at Ford's Kentucky Truck Plant, where the automaker produces Ford Super Duty pickups as well as the Ford Expedition and the Lincoln Navigator. The union's decision to strike the plant, which is Ford's largest in terms of employment and revenue, is a major escalation in its targeted, or "stand up," strikes. Fain said the union expects Stellantis and Ford Motor to follow suit, including battery plant workers in eventual contract agreements. Only 25,200 workers, or roughly 17% of UAW members covered by the expired contracts with the Detroit automakers, are currently on strike.

Persons: Shawn Fain, Ford, leadership's, Jonah Furman, Shawn Fain's, Fain Organizations: DETROIT, United Auto Workers, Ford Motor, Ford, Ford Expedition, Lincoln Navigator, UAW, Ford's, Detroit, Detroit automakers, General Motors, EV Locations: Kentucky

☆ Rep. Matt Gaetz triggers vote to oust Kevin McCarthy from speaker's office
▼ + stars: | 2023-10-02 | by ( Scott Wong | ) www.cnbc.com time to read: +3 min

Defiant, McCarthy and his allies have lashed out at Gaetz, accusing the Florida Republican of seeking the limelight and holding a personal vendetta against the speaker. By filing a so-called "motion to vacate," Gaetz has now triggered a future floor vote on removing McCarthy as speaker, though it's unclear exactly when that vote might happen. The Gaetz resolution "declaring the Office of Speaker vacant" is privileged, meaning it takes precedence over other House business. Gaetz's motion now puts House Democrats in a political pickle given the GOP's razor-thin, 221-212 majority. Democrats will have to decide whether to vote with McCarthy foes to topple him as speaker, or side with McCarthy allies to bail him out.

Persons: Matt Gaetz, Donald Trump, Kevin McCarthy, Gaetz, McCarthy, True, there's, Joe Biden Organizations: U.S, Capitol, Democratic, Florida Republican, CBS, House Democrats, California Republican, Trump Locations: Washington ,, Gaetz, Florida

☆ What people are saying about the US auto worker strike
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +3 min

Sept 15 (Reuters) - The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors (GM.N), Ford (F.N) and Chrysler parent Stellantis (STLAM.MI) on Friday, kicking off the most ambitious U.S. industrial labor action in decades. "I’m looking forward to joining our auto workers on the picket line this weekend. For the sake of Michigan’s economy and our working families, I hope this strike is short-lived. "American families are already feeling economic pressures from near-record-high inflation, and this will only inflict more pain. We urge a swift resolution to end this strike and avoid further undermining the strength of our industry and harming our broader economy."

Persons: ELISSA SLOTKIN, we’ve, ” JAY TIMMONS, DEBBIE STABENOW OF, Joseph White, David Shepardson, Trevor Hunnicutt, Peter Henderson, Anne Marie Roantree, Jamie Freed Organizations: United Auto Workers, General Motors, Ford, Chrysler, Ford Bronco, Chevrolet, UAW, Company, DEMOCRATIC U.S, ELISSA SLOTKIN OF, NATIONAL ASSOCIATION, ”, Thomson Locations: Chevrolet Colorado, ELISSA SLOTKIN OF MICHIGAN, China, Detroit, DEBBIE STABENOW OF MICHIGAN, Washington, San Francisco

After weeks of negotiations with Ford, GM, and Stellantis, United Auto Workers are on strike. The labor union did not reach an agreement with the Detroit 3 before its deadline. Looming impactThe strike is sure to impact more than just the union workers and the Detroit 3 . Experts also suggest the additional costs Ford, GM, and Stellantis could incur as a result of the negotiations could trickle down to consumers, particularly through EV pricing. Historic momentThe last time the UAW and Detroit 3 companies negotiated a contract in 2019, union workers went on strike against GM for 40 days.

Persons: WsUdPt0or5, Shawn Fain, Fain, Shawn Fain Livestream, woPPh2bVSQ, Stellantis, Tesla, Dan Ives Organizations: Ford, GM, United Auto Workers, Detroit, Service, UAW, WsUdPt0or5 — UAW, General Motors, Chrysler, woPPh2bVSQ — UAW, Associated Press, Company, EV, Wedbush, Car Locations: Wall, Silicon, Wentzville , Missouri, Toledo , Ohio, Ford, Wayne , Michigan

☆ What industry experts, leaders say about the autoworkers' strike
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +7 min

SAM FIORANI, PRODUCTION FORECASTER AT AUTO FORECAST SOLUTIONS:"This is more of a symbolic strike than an actual damaging one ... DEMOCRATIC U.S. REPRESENTATIVE ELISSA SLOTKIN OF MICHIGAN:"I'm looking forward to joining our auto workers on the picket line this weekend. DONALD TRUMP, FORMER U.S. PRESIDENT:"The all Electric (car) is a disaster for both the United Auto Workers and the American Consumer. The targeted strike is intended to give UAW flexibility strike fund duration." SUZANNE CLARK, CEO OF US CHAMBER OF COMMERCE"The UAW strike and indeed the 'summer of strikes' is the natural result of the Biden administration's 'whole of government' approach to promoting unionization at all costs."

Persons: MARY BARRA, who's, we've, Shawn, Fain, DAN IVES, KOJI ENDO, LEE JAE, ARTHUR WHEATON, It's, ELISSA SLOTKIN, JAY TIMMONS, MONICA BOSIO, Stellantis, MARTINO, AMBROGGI, DONALD TRUMP, CHRIS MCNALLY, COLIN LANGAN, AT WELLS, PATRICK ANDERSON, JOHN MURPHY, Ford, ROBERT STREDA, DBRS, SUZANNE CLARK, Biden, Joseph White, David Shepardson, Trevor Hunnicutt, Peter Henderson, Heekyong Yang, Daniel Leussink, Giulio Piovaccari, Mehr Bedi, Medha Singh, Anne Marie Roantree, Jamie Freed, Savio D'Souza, Arun Koyyur Organizations: United Auto Workers, UAW, General Motors, Ford, Chrysler, Ford Bronco, Chevrolet, CNBC, GM, SBI, EUGENE, South, CORNELL SCHOOL, Company, DEMOCRATIC U.S, ELISSA SLOTKIN OF, NATIONAL ASSOCIATION, American Consumer, ISI, AT, Detroit, Thomson Locations: Chevrolet Colorado, Detroit, United States, ELISSA SLOTKIN OF MICHIGAN, China, Washington, San Francisco, Seoul, Tokyo, Milan, Bengaluru

☆ China's defence minister, not seen in weeks, skipped Vietnam meet
▼ + stars: | 2023-09-14 | by ( Yew Lun Tian | ) www.reuters.com time to read: +4 min

China's State Council Information Office, as well as its defence and foreign ministries did not immediately respond to a request for comment about the Vietnam event. Asked about Emanuel's post this week, a Chinese Foreign Ministry spokeswoman told reporters she was "not aware of the situation." China's defence minister is mainly responsible for defence diplomacy and does not command combat forces. Chinese officials have repeatedly said they want those sanctions dropped to facilitate better discussions between the two sides' militaries. He then headed the military's procurement unit from 2017 until he became defence minister.

Persons: Li Shangfu, Li, Beijing couldn't, Qin Gang, Xi Jinping, Qin, Washington, Li's, Joe Biden, Japan Rahm Emanuel, Li Shangfu hasn't, Alfred Wu, Lee, Xi, Lloyd Austin, Yew Lun Tian, Antoni Slodkowski, John Geddie, Katerina Ang Organizations: Reuters, China's, Information, Qin, Liberation, Rocket Force, Communist Party, U.S, . U.S, Foreign, Defense, Foreign Ministry, Lee Kuan Yew, of Public Policy, U.S . Defence, Support Force, Thomson Locations: BEIJING, HANOI, Vietnam, China, Beijing, Hanoi, Japan, Russia, Belarus, Singapore, U.S

☆ China may 'miss the 5%' growth target this year as downside risks spread
▼ + stars: | 2023-08-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Greg Baker | Afp | Getty ImagesBEIJING — Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economists said. "In such a case, economic momentum may stay subdued in the rest of the year and China may miss this year's growth target of around 5%," she said. China is the world's second-largest economy, and accounted for nearly 18% of global GDP in 2022, according to World Bank data. "We also see bigger downside risk to our 4.9% y-o-y growth forecast for both Q3 and Q4, and it is increasingly possible that annual GDP growth this year will miss the 5.0% mark," the report said. Growth vs. national securityChinese authorities' initial crackdown on real estate developers in 2020 was an attempt to curb their high reliance on growth.

Persons: Greg Baker, Tao Wang, spender, Nomura Ting Lu, Ting Lu, haven't, Louise Loo, Loo, that's, Xiangrong Yu, Gabriel Wildau, Teneo, Wildau Organizations: Afp, Getty, UBS Investment Bank, Bank, China, People's Bank of, Oxford Economics, Zhongrong International Trust, Information, Beijing, CNBC, Baoshang Bank, Anbang Locations: Beijing, BEIJING, China, Asia, People's Bank of China

☆ Sen. Rand Paul says GOP's top recruit against Manchin has 'a lot of health issues,' questions his ability to serve
▼ + stars: | 2023-08-04 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Sen. Rand Paul is raising concerns over the health of his party's top Senate recruit in West Virginia. Jim Justice has "a lot of health issues" and questioned "how he'll be able to serve." Democratic Sen. Joe Manchin, who currently holds the seat, has not yet announced whether he will seek re-election. "The governor has got a lot of health issues and is not very mobile," Paul, who's backing Mooney in the primary, told POLITICO. The concern raised by Paul about Justice's health comes as the Senate is grappling with a series of health-related issues among senators.

Persons: Sen, Rand Paul, Jim Justice, Republican Sen, Rand Paul of, leadership's, Democratic Sen, Joe Manchin, Alex Mooney, Paul, Mooney, POLITICO, he'll, Mitch McConnell, McConnell, Dianne Feinstein, John Fetterman of Organizations: Service, Republican, Democratic, GOP, Senate, Kentucky Republican, California, Capitol Locations: West Virginia, Wall, Silicon, Rand Paul of Kentucky, Maryland, John Fetterman of Pennsylvania

☆ Mitch McConnell freezes at Senate press conference, is briefly unable to speak
▼ + stars: | 2023-07-26 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +3 min

Sen. John Barrasso (R-WY) reaches out to help Senate Minority Leader Mitch McConnell (R-KY) after McConnell froze and stopped talking at the microphones during a news conference after a lunch meeting with Senate Republicans U.S. Capitol 26, 2023 in Washington, DC. WASHINGTON — Senate Minority Leader Mitch McConnell abruptly froze and was briefly unable to speak at a Senate press conference Wednesday, prompting his colleagues to rush in and help him walk a few feet away from the cameras. The chilling moments came during the Senate GOP leadership's weekly press conference in the Capitol, where McConnell, 81, was standing at a lectern when he fell silent all of a sudden. After a few minutes, McConnell returned to the lectern and finished the press conference. This potential leadership vacuum was on stark display Wednesday when a reporter asked McConnell whether he had "anybody in mind to replace you when you're no longer conference leader?"

Persons: Sen, John Barrasso, Mitch McConnell, McConnell, John Thune, Barrasso, Iowa Republican Joni Ernst, Frank Thorp Organizations: Republicans U.S, Capitol, WASHINGTON, GOP, Kentucky Republican, Iowa Republican, NBC, Republican, Senate, White Locations: Washington , DC, WASHINGTON —, Washington

☆ What new norm of slower Chinese growth could mean for the global economy
▼ + stars: | 2023-07-25 | by ( Elliot Smith | ) www.cnbc.com time to read: +7 min

Ying Tang | NurPhoto | Getty ImagesThe Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after 45 years of rapid expansion and globalization. The ruling Chinese Communist Party has set a growth target of 5% for 2023, lower than usual and notably modest for a country that has averaged 9% annual GDP growth since opening up its economy in 1978. For the global economy, however, the most immediate spillover of a Chinese slowdown will likely come in commodities and the industrial cycle, as China reconfigures its economy to reduce its reliance on a property sector that has been "absorbing and driving commodity prices." "This shift from a complementary economy, where Beijing and Berlin kind of benefit from each other, to now being competitors is another big consequence of the structural slowdown," Green said. He noted that beyond the immediate loss of demand for commodities, China's reaction to its shifting economic sands will also have "second order impacts" for the global economy.

Persons: Ying Tang, Julian Evans, Pritchard, Evans, it's, Xi Jinping's, Rory Green, Green Organizations: Beijing, Communist Party, Capital Economics, Triple, TS Lombard, CNBC Locations: Suzhou, Shanghai, China, Asia, Beijing, Japan, Brazil, Australia, Germany, Berlin

While recent inflation data was encouraging, he said, "one data point does not make a trend." Reuters Graphics Reuters Graphics'STRANGE BUSINESS CYCLE'Until the Fed declares its inflation war at an end, however, economists and market analysts say risks to a benign outcome will remain. "At 3.5%, July won't be the last time the Fed hikes," Furman said in an interview. Ed Al-Hussainy, senior rates analyst at Columbia Threadneedle, meanwhile, is skeptical that the impact of rapid rate hikes has already been absorbed. "To say we have the same economy with real rates at negative 2% as we do at positive 2%, I don't buy it."

Persons: Jerome Powell, Christopher Waller, Waller, Thomas Barkin, Nick Bunker, Jason Furman, Obama, Furman, Ed Al, Columbia Threadneedle, Raphael Bostic, Austan Goolsbee, shouldn't, Goolsbee, Howard Schneider, Dan Burns, Paul Simao Organizations: Federal Reserve, Reuters Graphics, Richmond Fed, Reuters Graphics Reuters, Fed, Harvard University, White, Columbia, Atlanta Fed, Chicago Fed, CNBC, Thomson Locations: U.S

☆ Former Essence Magazine employees say they witnessed a 'hellish' and 'dehumanizing' culture at the leading publication for Black women in America
▼ + stars: | 2023-07-13 | by ( Yoonji Han | ) www.businessinsider.com time to read: +34 min

On June 28, 2020, a group of women using the name Black Females Anonymous published a damning public letter that shook Essence magazine, the leading publication for Black women in America, to the core. Essence magazine was launched in 1970 at a time when Black business and civil-rights leaders called for greater self-determination and empowerment. The magazine was the brainchild of a group of four Black businessmen who identified a lack of publications for Black women in America. "And that is to serve Black women deeply, to serve women of color in a way that no one else has thought about." Essence CEO Michelle Ebanks, Dennis, and Essence chief content and creative officer, Moana Luu, at the 2020 13th Annual Essence Black Women in Hollywood luncheon.

Persons: Richelieu Dennis, Dennis, haven't, Susan Taylor, Taylor, —, Jason Kempin, wasn't, Michelle Ebanks, Rich Dennis, Arturo Holmes, Margarita Corporan, Forbes, let's, didn't, Sandra Okerulu, Ebanks, Luu, Moana, Rich Polk, Wears, Danielle Young, Julee Wilson, Candace Montgomery, Wilson, Montgomery, Martha, Martha Dennis, Rechelle, Sophia, Richelyna, Alan Lescht, bristled, Joy Collins Profet, Readers, Essence's, Collins Profet, Caroline Wanga, — it's, Wanga, unappreciated, Travis Montaque, cofounders, Lionel Hahn, Yesha Callahan, Rich, That's what's, Yoonji Han Organizations: Black, Time Inc, Vogue, Sports, Essence Communications, Entertainment, New York Times, Meredith Corporation, Essence, Inc, Brands, Ventures, Upfronts, Babson College, The, Depot, PepsiCo, Accenture, Unilever, Magazine, Magazine's, Penske Media, Getty, Essence Ventures, Afropunk, Vice Media, Black Entertainment Television, Digital, Sports Illustrated, Media, Fortress Investment, NASDAQ, Trace Media, texturism, Readers, Employees, Staff, BET, Culture, Democracy, Inkwell Locations: America, Black, Liberia, Queens, shea, Moana Luu, Martinique, France, Paris, Philippines, Hollywood, Industry City, Brooklyn, Cannes

☆ Essence Magazine was meant to be a place for 'Black girl magic.' Internally, some employees say it was more like 'Black girl tragic.'
▼ + stars: | 2023-07-13 | by ( Yoonji Han | ) www.businessinsider.com time to read: +34 min

"Essence is the most deceptive Black media company in America. Essence Magazine was first published in 1970 at a time when Black business and civil rights leaders called for greater self-determination and empowerment. The magazine was the brainchild of a group of four Black businessmen who identified a lack of publications for Black women in America. "And that is to serve Black women deeply, to serve women of color in a way that no one else has thought about." Essence CEO Michelle Ebanks, Richelieu Dennis, and Essence chief content & creative officer Moana Luu at the 2020 13th Annual ESSENCE Black Women in Hollywood luncheon.

Persons: Richelieu Dennis, Dennis, Susan Taylor, Taylor, —, Jason Kempin, wasn't, Essence Communications Michelle Ebanks, Rich Dennis, Arturo Holmes, Margarita Corporan, Forbes, let's, Black, didn't, Sandra Okerulu, Michelle Ebanks, Luu, Moana, Rich Polk, Wears, Danielle Young, Julee Wilson, Candace Montgomery, Wilson, Montgomery, Martha, Martha Dennis, Rechelle, Sophia, Richelyna, Alan Lescht, bristled, Ebanks, Joy Collins Profet, Readers, Essence's, Collins Profet, Caroline Wanga, — it's, Wanga, unappreciated, Travis Montaque, cofounders, Lionel Hahn, Yesha Callahan, Rich, That's what's, Yoonji Han Organizations: Black, Essence Magazine, Time Inc, Vogue, Sports, Essence Communications, Entertainment, New York Times, Meredith Corporation, Brands, Ventures, Upfronts, Babson College, The, Depot, PepsiCo, Accenture, Unilever, Inc, Magazine, Magazine's, Penske Media, Getty, Essence Ventures, Afropunk, Vice Media, Black Entertainment Television, Digital, Sports Illustrated, Media, Fortress Investment, NASDAQ, Trace Media, texturism, Hamptons, Readers, Employees, Staff, BET, Culture, Democracy, Inkwell, Essence Locations: America, Black, Liberia, Queens, shea, Moana Luu, Martinique, France, Paris, Philippines, Hollywood, Industry City, Brooklyn, Cannes

☆ CIA's Burns: armed mutiny shows damage Putin has done to Russia
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +1 min

July 1 (Reuters) - U.S. Central Intelligence Agency Director William Burns said on Saturday that the armed mutiny by mercenary leader Yevgeny Prigozhin had shown the corrosive effect on Russia of President Vladimir Putin's war in Ukraine. "It is striking that Prigozhin preceded his actions with a scathing indictment of the Kremlin's mendacious rationale for the invasion of Ukraine and of the Russian military leadership's conduct of the war," Burns, a former U.S. ambassador to Moscow, said in a lecture to Britain's Ditchley Foundation in Oxfordshire, England. "The impact of those words and those actions will play out for some time - a vivid reminder of the corrosive effect of Putin's war on his own society and his own regime." Burns cast the mutiny as an "armed challenge to the Russian state" but said it was an "internal Russian affair in which the United States has had and will have no part." Reporting by Guy Faulconbridge in Moscow; Editing by Andrew CawthorneOur Standards: The Thomson Reuters Trust Principles.

Persons: William Burns, Yevgeny Prigozhin, Vladimir Putin's, Prigozhin, Burns, Guy Faulconbridge, Andrew Cawthorne Organizations: . Central Intelligence Agency, Ditchley, Thomson Locations: Russia, Ukraine, U.S, Moscow, Oxfordshire, England, United States

☆ Putin didn't kill Prigozhin after his revolt, but that doesn't mean he isn't trying to destroy the Wagner boss
▼ + stars: | 2023-06-28 | by ( Ryan Pickrell | Kelsey Vlamis | ) www.businessinsider.com time to read: +7 min

Wagner boss Yevgeny Prigozhin launched an armed revolt against Russian military leadership and survived. Members of Wagner group looks from a military vehicle in Rostov-on-Don late on June 24, 2023. Head of the Wagner Group Yevgeny Prigozhin left the Southern Military District headquarters on June 24, 2023 in Rostov-on-Don, Russia. And it could make Prigozhin into a martyr," English said, arguing that Putin is likely to seek out other ways to destroy Prigozhin. For individuals higher up in the mercenary organization considered responsible for the rebellion, people like Prigozhin, Russian leadership has hinted at unspecified consequences.

Persons: Wagner, Yevgeny Prigozhin, Putin, —, Vladimir Putin's, Alexander Lukashenko, Prigozhin, It's, ROMAN ROMOKHOV, ISW, Wagner Group Yevgeny Prigozhin, Stringer, Robert English, burnish, Prigozhin's Organizations: Russian, Service, Wagner Group, Getty, Institute for, Southern Military, Anadolu Agency, University of Southern, Wagner, Kremlin Locations: Russian, Belarus, Bakhmut, Rostov, AFP, Ukraine, Moscow, Russia, Don, University of Southern California, Soviet Union, Eastern Europe, Prigozhin

☆ Leaked Salesforce survey shows how 57,000 employees really feel about the company
▼ + stars: | 2023-06-23 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +5 min

Salesforce just shared results of its annual employee survey internally. The survey received responses from 57,000 employees and gauges general sentiment. Salesforce just shared the results of an employee survey in which 57,000 employees participated, the first such survey released after the company started mass layoffs earlier this year. The results show employees feel generally good about Salesforce when it comes to to the company's ethics, and generally concerned about retaining talented employees, their future at Salesforce, and how leadership decisions adhere to the company's core values. A Salesforce spokesperson confirmed the data to Insider and said, "Thanks to our employees, we've made tremendous progress on our company transformation.

Persons: Salesforce, we've, Bret Taylor, Marc Benioff, Salesforce's, Brent Hyder, Slack, Ashley Stewart Organizations: Team Locations: Salesforce

☆ Amazon workers plan to walk out over 'lack of trust' in leadership
▼ + stars: | 2023-05-31 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +5 min

Amazon employees plan to walk off the job Wednesday in protest of the company's recent return-to-office mandate, layoffs and its environmental record. ET, with about 900 of those workers gathering outside the Spheres, the massive glass domes that anchor Amazon's Seattle headquarters, according to employee groups behind the effort. The walkout is being organized in part by Amazon Employees for Climate Justice, an influential worker organization that has repeatedly pressed the e-retailer on its climate stance. The group said employees are walking out to highlight a "lack of trust in company leadership's decision making." Amazon employees are walking off the job at a precarious time inside the company.

Persons: Andy Jassy, Brad Glasser, we've, Glasser, Amazon Organizations: Seattle, Amazon Employees, Climate Justice, Employees, Amazon, CNBC, Puget, The Center, Investigative, Greenhouse, Accounting Locations: Seattle , Washington, Seattle, Seattle , New York, Northern California

☆ Amazon employees plan to walk out and accused the company of 'actively accelerating' the climate crisis, leaked email shows
▼ + stars: | 2023-05-26 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

In the email, the organizing group encourages employee participation in the walkout by pointing out five areas of concern over Amazon's climate initiatives. Here's what the email says:Emissions that are rising: Amazon's emissions have increased 40%(!!) Partnering with Big Oil: AWS Al and machine learning are being used by Big Oil to greatly accelerate oil and gas discovery and extraction. Amazon launched the Climate Pledge in 2019, committing to reach net-zero carbon emissions by 2040. Partnering with Big Oil: AWS Al and machine learning are being used by Big Oil to greatly accelerate oil and gas discovery and extraction.

[1/2] People gather ahead of the "Festival of Fantasy" parade at the Walt Disney World Magic Kingdom theme park in Orlando, Florida, U.S. July 30, 2022. Lawyers for DeSantis, who is being sued for allegedly targeting Disney for company leadership's political views, filed a motion on Friday in Tallahassee, Florida, asking U.S. District Judge Mark Walker be recused in the case. Disney sued DeSantis in April for allegedly "weaponizing" state government in retaliation for the company's criticism of a law that banned classroom discussion of sexuality and gender identity with younger children. DeSantis' lawyers argued on Friday that the judge overseeing that case demonstrated potential partiality while handling separate cases in which the judge mentioned Disney as an example of state retaliation. Considering Walker's statements, "the court's impartiality in this matter might reasonably be questioned," DeSantis' lawyers said in the their motion.

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