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Yet crypto's Fairshake PAC also got into the race and spent $2 million to air an ad critical of Bowman. But it's not just money that the crypto industry plans to deploy this fall. Jordan Vonderhaar | Bloomberg | Getty ImagesThe effort is also meant to showcase a matured crypto industry. Meanwhile, Democratic incumbent Sen. Jon Tester told "Meet the Press" in 2022 that crypto did not "pass the smell test." Tester told reporters that he is keeping an open mind about several crypto bills before the Senate.
Persons: Jakub Porzycki, Jamaal Bowman, George Latimer, Israel, crypto's, Bowman, Fairshake, glided, John Curtis, Jamal Bowman, Evelyn Hockstein, Andreesen Horowitz, Coinbase, it's, Crypto, Brad Garlinghouse, Garlinghouse, Jordan Vonderhaar, Sam Bankman, Faryar Shirzad, Goldman Sachs, Sherrod Brown, Republican Bernie Moreno, Tim Sheehy, Sen, Jon Tester, Tester, Brett Kavanaugh, Kavanaugh, Mike Segar Organizations: Nurphoto, Getty Images WASHINGTON, Fairshake PAC, Westchester, Republicans, Democrats, Republican, United States Capitol, Reuters, CNBC, Bloomberg, Getty, White, Senate, Democratic, SEC, U.S Locations: Westchester County, Bowman's, Washington, Fairshake, Austin , Texas, Ohio, Montana
Waymo opens robotaxi service to all San Francisco users
  + stars: | 2024-06-25 | by ( Jennifer Elias | ) www.cnbc.com   time to read: +2 min
A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Waymo robotaxis are now open to all users in San Francisco, expanding the self-driving ride-hailing service, which has been available in the city to a limited number of riders. In a blog post on Tuesday, Waymo said nearly 300,000 people have signed up for the service, called Waymo One, since the Alphabet-owned company opened its waitlist. As of February, the company had approximately 700 vehicles in the Waymo One fleet, including about 300 cars as part of its San Francisco service. The company said it has logged 3.8 million rider-only miles in San Francisco as of the end of March.
Persons: Waymo, We're Organizations: Waymo, General Motors, National, Traffic Safety Administration Locations: San Francisco, Phoenix, Los Angeles, Austin , Texas, California
AdvertisementAn F/A-18E Super Hornet launches from the flight deck of the USS Dwight D. Eisenhower in the Red Sea on April 12. AdvertisementThe USS Dwight D. Eisenhower conducts flight operations in the Red Sea on Feb. 23. The aircraft carrier USS Dwight D. Eisenhower sails in the Mediterranean Sea on Nov. 3, 2023. AdvertisementThe Ike and its escort warships will soon be replaced by the USS Theodore Roosevelt Carrier Strike Group, which has been operating in the Indo-Pacific region. The changing of America's Middle East naval presence comes amid a particularly active stretch for the Houthis.
Persons: , Dwight D, Eisenhower, Ike, Lloyd Austin, Arleigh Burke, IKE, Kavon Hakimzadeh, Navy Petty, Theodore Roosevelt Carrier Organizations: Service, Business, Aircraft, Hornet, US Navy, US, Eisenhower, Defense, Pentagon, Ticonderoga, Fleet, Carrier Strike, Navy, Theodore Roosevelt Carrier Strike Locations: Iran, Gulf, Aden, Yemen, Britain, France, East
The U.S. and Israeli defense chiefs, Lloyd J. Austin III and Yoav Gallant, at a December news conference in Tel Aviv. Mr. Gallant is meeting with Mr. Austin on his third day of talks with senior Biden administration officials. Mr. Gallant and Secretary of State Antony J. Blinken met in Washington on Monday. That was a recurring theme in American officials’ talks with Mr. Gallant this week. On Monday, Mr. Gallant met with William J. Burns, the C.I.A.
Persons: Lloyd J, Austin III, Yoav Gallant, Gallant’s, Patrick S, Ryder, Mr, Gallant, Austin, Benjamin Netanyahu, Israel, Matthew Miller, , Khan Younis, , Antony J, Blinken, Miller, , “ We’ve, General Ryder, Amos Hochstein, Hochstein, Netanyahu, William J, Burns, Jake Sullivan Organizations: U.S, Pentagon . Defense, Pentagon, Defense Department, Biden, American, State Department, Hamas, Mr, Lebanese, Israel Locations: Tel Aviv, Washington, Gaza, Lebanon, , Israel, Gen, United States, Rafah, Gaza City, Jerusalem, Beirut
CNN —President Joe Biden is expected to pardon US veterans who were convicted by the military over a 60-year period under a military law that banned gay sex, three US officials told CNN. The granting of pardons won’t automatically change convicted veterans’ records but allows those impacted to apply for a certificate of pardon that will help them receive withheld benefits. A service member’s discharge status can determine what kind of Veterans Affairs benefits they are eligible for. “For decades, our LGBTQ+ service members were forced to hide or were prevented from serving altogether,” Defense Secretary Lloyd Austin said at the time. If a certificate of pardon is issued, the service member will then have to apply to their respective military department’s board of corrections to have their military records corrected.
Persons: Joe Biden, won’t, Don’t, , Lloyd Austin Organizations: CNN, Military, Veterans Affairs, Pentagon, , Department
One is to fix problems with trim pieces, which can loosen and fall off the trunk, and the other is to address faulty motor controllers in the front windshield wipers. The report said a "non-functioning windshield wiper may reduce visibility in certain operating conditions, which may increase the risk of a collision." Tesla plans to replace the motor controller in the Cybertruck windshield wipers for customers. An earlier Cybertruck recall was issued to repair an accelerator pedal issue. The recall disclosures for the windshield wiper issue said that from Nov. 13, 2023, to Jun.
Persons: Tesla, , didn't, Elon Musk, Musk, Tesla's, It's Organizations: National, Traffic Safety Administration, Ford, Tesla Locations: U.S, Austin , Texas, China
Leon Neal/AFP/Getty Images Assange addresses the Oxford Union Society from the Ecuadorian Embassy in January 2013. David Paul Morris/Bloomberg/Getty Images Assange attends a news conference inside the Ecuadorian Embassy in London in August 2014. FABRICE COFFRINI/AFP/Getty Images Assange, on the balcony of the Ecuadorian Embassy, holds up a United Nations report in February 2016. Carl Court/Getty Images Assange speaks to the media in May 2017, after Swedish prosecutors had dropped their investigation of rape allegations against Assange. Jack Taylor/Getty Images Assange was seen for the first time in months during a hearing via teleconference in Quito, Ecuador, in October 2018.
Persons: Julian Assange, , ” Assange, Assange, Kim Hong, Ramona Manglona, Chelsea Manning, Jack Taylor, LEON NEAL, BERTIL ERICSON, FABRICE COFFRINI, Carl Court, Geoff Caddick, Oli Scarff, CARL COURT, Leon Neal, Philip Toscano, Ricardo Patino, Frank Augstein, David Paul Morris, John Stillwell, Mike, Pompeo, Maria Sol Borja, Alastair Grant, Daniel Leal, Elizabeth Cook, Anthony Albanese, Joe Biden, ASSANGE, Adrienne Watson, Stella, , Gabriel Shipton, he’s, hasn’t, Julian, , ” Shipton Organizations: Northern Mariana Islands CNN, Northern, Northern Mariana Islands . Justice Department, WikiLeaks, United States, Reuters, Army, Metropolitan Police, US Justice Department, British, Justice Department, Guardian, Getty, Swedish Trade Union Confederation, St, Paul's, Court, Ecuadorian Embassy, Oxford Union Society, Ecuadorian Foreign, Southwest Festival, Bloomberg, United Nations Human Rights, United, United Nations, CIA, CNN, Ecuadorian, Ecuador, Southwark Crown, White, Sweden, National Security, Department of Justice, BBC Radio Locations: Saipan, Northern Mariana, London, United Kingdom, Hawaii, Northern Mariana Islands, Australia, United States, Iraq, Afghanistan, Sweden, Ecuadorian, Ecuador, Westminster, AFP, Stockholm, Geneva, Switzerland, Austin , Texas, United Nations, Quito, Southwark, Baghdad, Guantanamo Bay
Read previewThe US Army tested its new strike missile against a moving sea target in the Pacific earlier this month. The recent strike marked a "significant milestone" in the development of the new Precision Strike Missile, the Army said. The PrSM, a next-generation long-range precision strike weapon, will eventually replace the older MGM-140 Army Tactical Missile Systems, or ATACMS. The exercise involved the US Army's prototype Autonomous Multi-Domain Launcher and two Precision Strike Missiles, which were "able to engage a moving maritime target in conjunction with other Joint assets." An Army Tactical Missile System during live-fire testing at White Sands Missile Range in New Mexico on December 14, 2021.
Persons: , Lockheed Martin, White, John Hamilton, Technology Doug Bush Organizations: Service, US Army, Army, MGM, Tactical Missile Systems, Business, Valiant, High, Artillery Rocket Systems, Systems, Lockheed, Pentagon, Army Tactical Missile System, White, Artillery, Acquisition, Logistics, Technology, Ship Locations: Palau, Cleveland, Austin, New Mexico, China
TubeMogul was competing for an ad tech partnership with Netflix, so Lee learned about the company's own technology and culture. Lee started working at Netflix on its digital marketing programmatic buying team in 2014, earning a salary of $110,000. "It was actually perfect timing that I got laid off," Lee says of being part of Meta's November 2022 job cuts. While she wants to continue increasing her salary, money alone isn't enough. On her TikTok, YouTube and Instagram accounts, Lee shares career and lifestyle advice based on her experiences.
Persons: Sora Lee, Lee, Mickey Todiwala, she'll, hustles, Lee didn't, she's, you've, TubeMogul, Andrew Evers, Lisa Setyon, haven't, Jackson, Tesla, doesn't, I'm, Lee isn't Organizations: CNBC, University of California, TikTok, ByteDance, Netflix, Meta, Facebook, Child, Savings, Porsche, YouTube Locations: Berkeley, South Korea, San Mateo , California, TikTok, RSUs, TubeMogul, New York, Austin , Texas, Los Angeles, Meta's, Lake Tahoe, U.S
Washington CNN —American officials are hoping to gain a better understanding of Israel’s war plans in meetings this week with the country’s defense minister, who arrived in Washington as the rift widened between the Biden administration and Prime Minister Benjamin Netanyahu. “We will not end the war until we return all of our hostages – 120 hostages, the living and the deceased. Netanyahu said that once the “intense phase” of the Gaza conflict is over Israel will continue “mowing the grass” in Gaza, which US officials oppose. But Netanyahu ignored the demand from his defense minister, refusing to make such a public statement. And former Defense Minister Benny Gantz, who resigned from a unity government with Netanyahu two weeks ago, accused Israel’s longest-serving leader of putting political considerations ahead of a post-war strategy.
Persons: Biden, Benjamin Netanyahu, Yoav Gallant, Netanyahu, , , that’s, Matt Miller, Gallant, Bill Burns, Amos Hochstein, ” Gallant, Benny Gantz, Israel’s, Israel, Lloyd Austin, Antony Blinken, Jake Sullivan, Miller, “ vexing, Organizations: Washington CNN —, Biden, CIA, Defense, National, State Department, White, Washington Locations: Washington, Gaza, Israel, United States, , Lebanon
We did that time after time,” Mr. Netanyahu said, adding that he had also tried working behind closed doors. U.S. officials said at the time that they found the video “perplexing” and did not know what Mr. Netanyahu was talking about. Mr. Gallant was invited to Washington by his counterpart, Defense Secretary Lloyd J. Austin III, according to Mr. Gallant’s office. “The United States is our most important and central ally,” Mr. Gallant said shortly before his departure. Mr. Gallant and Mr. Netanyahu are themselves rivals who have openly clashed in recent months, even as they jointly oversee Israel’s military operations.
Persons: Benjamin Netanyahu, Yoav Gallant, Mr, Biden, Netanyahu, ” Mr, , excoriating, Gallant, Lloyd J, Austin III, Antony J, Gabby Sobelman Organizations: Israel, Biden, U.S, United, Hezbollah, Lebanese, Defense, White Locations: Gaza, Washington, United States, Jerusalem, Israel, Iran, Lebanon
CNN —Israeli Prime Minister Benjamin Netanyahu has defended his decision to go public about delays in the supply of weapons from the United States, saying months of private discussions did not yield any results. At the beginning of a cabinet meeting Sunday, Netanyahu said that “after months of no change in this situation, I decided to give it a public expression. The US remains Israel’s most important ally and biggest supplier of arms but has voiced increasing concern over the mounting civilian casualties in Gaza. Our ties are crucial and perhaps more important than ever, at this time,” Gallant told reporters, according to a statement from the Israeli defense ministry. The Israeli defense minister has clashed with Netanyahu, who is facing an ongoing battle to keep his government together.
Persons: Benjamin Netanyahu, Netanyahu, ” Netanyahu, Biden, Antony Blinken “, Amos Hochstein, ” “, Yoav Gallant, Lloyd Austin, ” Gallant, Gallant, , Organizations: CNN, Israeli, US, U.S Locations: United States, Israel, Gaza, Washington
On May 19, Euless Police Department officers responded to a call at an apartment complex pool regarding a disturbance between two women. Witnesses told officers “a woman who was very intoxicated had tried to drown a child and argued with the child’s mother,” police said in a news release. The woman, identified as Elizabeth Wolf, 42, was approached by officers as she tried to leave and placed under arrest for public intoxication. The victim’s mother told police Wolf was questioning where she was from and if the two children playing at the pool were hers, the release said. The mother began helping her son when Wolf grabbed her 3-year-old daughter and forced her underwater,” the news release said.
Persons: Witnesses, , , Elizabeth Wolf, Wolf, CNN Wolf, ” Captain Brenda Alvarado, Shaimaa Zayan, Salman Bhojani Organizations: CNN, Islamic Relations, Euless Police, Euless Police Department, Texas Locations: Texas, American, Palestine, Tarrant County, , Euless
And yet, the brain does incredible things," said Matt Angle, CEO and founder of Paradromics, in an interview with CNBC Tech: The Edge. The trial would follow competitor Neuralink, which implanted a chip into a patient's brain in March this year. "Paradromics' mission is to transform otherwise untreatable health conditions in brain health into solvable technology problems. "Paradromics can take the science and apply the right engineering to get us from research to medical device," he added. "We see that the first million people to get brain computer interfaces are going to be getting them to treat severe medical conditions," Angle said.
Persons: Matt Angle, Elon Musk, Angle, Vikash Gilja, Gilja, we're Organizations: CNBC Tech, CNBC Locations: Austin , Texas
Tracking a Single Day at the National Domestic Violence Hotline
  + stars: | 2024-06-21 | by ( ) www.nytimes.com   time to read: +15 min
Tracking a Single Day at the National Domestic Violence Hotline They call from work, to avoid being overheard, or from home before someone returns. The legal battles have underscored the pervasiveness of domestic violence and the strains on existing support for survivors. To capture a snapshot of the experiences of domestic violence survivors, The New York Times observed some of the calls and messages the hotline received in one day. Congress approved creation of a national hotline dedicated to domestic violence in 1994, including it in the landmark Violence Against Women Act. Josie Slawik, who began working to support domestic violence survivors after she arrived at an El Paso shelter, was there when the hotline took its first call in 1996.
Persons: I’m, Spikes, , Isadora Kosofsky, , Katie Ray, Jones, , it’s, Jose Tobias, “ It’s, Mr, Tobias, Hannah Tucker, Josie Slawik, Slawik, ” Ms Organizations: National, Staff, The New York Times, New York Times, The Times, Young, Seattle, The New York, Research, Fifth Circuit, Appeals Locations: New Orleans, California, New York, New England, Texas, Latina, Austin , Texas, Michigan, Alabama, Mississippi, Louisiana, North Carolina, You’re, El Paso
Extreme heat takes toll on outdoor workers
  + stars: | 2024-06-21 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +11 min
There’s little to no escape from sweltering temperatures for construction workers like Eva Marroquin, who cleans work sites in Austin, Texas, and has worked in the industry for 17 years. Since 2010, she’s worked closely with the Workers Defense Project, an organization that advocates for protections for low-wage, immigrant workers in the Texas construction industry. Slowing down small businessesIt’s barely just now summer, and heatwaves are already slowing down small businesses, according to Homebase, which provides payroll software to more than 100,000 small businesses, covering 2 million hourly workers. “I think anything that impacts small businesses is affecting the economy as a whole,” he said, noting how small businesses account for half the jobs in the country. For herself, the high heat is more of an inconvenience; the car’s hotter and she just needs to pack some extra water.
Persons: Eva Marroquin, ” Marroquin, Christine Bolaños, she’s, Chris Lafakis, , Joshua, Gina Ferazzi, Gregory P, Casey, Jenny Schuetz, Brian Snyder, aren’t, , John Waldmann, They’re, Katie Parent, Joseph Prezioso, Greer, Denise Greer Jamerson, Norman, Greer Jamerson, you’ve, , “ It’s, it’s, Tamara Lovewell, café, panini, Tamara Lovewell “, Lovewell Organizations: CNN, Capitol, Workers Defense Project, Moody’s, Federal Reserve Bank of San, Williams College, Triple, Los Angeles Times, Environmental Protection Agency, Brookings Metro, Reuters, University of California, Stanford University, Getty, National Weather Service, Ruska Coffee Company Locations: Austin , Texas, Washington ,, Texas, Federal Reserve Bank of San Francisco, Massachusetts, Joshua Tree , California, Boston, Greater Boston, AFP, Princeton , Indiana, , Maine, United States, Caribou .
Although original tickets have sold out, there are still a few options to explore when it comes to how to get Gracie Abrams tickets. If you're hoping to find Gracie Abrams tickets, you've come to the right place. Gracie Abrams 2024 tour scheduleGracie Abrams' "The Secret of Us" tour spans from Portland to Portland. How to get Gracie Abrams ticketsOriginal standard Gracie Abrams tickets were available through Ticketmaster in early June but quickly sold out. Original tickets for Gracie Abrams' concert tour have sold out, but the cheapest tickets for several dates began at around $39.50.
Persons: Gracie Abrams, Abrams, Olivia Rodrigo's, Swift, Irving, Taylor Swift Organizations: Business, Spotify, Swift, Ticketmaster, Irving, Interscope Records Locations: Portland, Oregon, Maine, Seattle, WA, Berkeley, Los Angeles, CA, Denver, Houston, Austin, Kansas City, Minneapolis, Chicago, Nashville, TN, Atlanta, Washington, New York, NY, Philadelphia, Boston, Irving , TX, North America, Canada
Read previewArmed with exploding naval drones and long-range missiles, Ukraine has managed to push Russia's Black Sea Fleet away from its long-held headquarters in the occupied Crimean peninsula to other bases far away. AdvertisementThese attacks span the entirety of the war, but the exodus of the Black Sea Fleet didn't really kick into gear until September 2023. The aftermath of two Ukrainian missile strikes on Black Sea Fleet facilities and vessels in Sevastopol in September 2023. The dispersal of the Black Sea Fleet from Sevastopol to Feodosia and Novorossiysk. "Forcing the enemy to flee from the Black Sea was the goal we sought," he added, "and it was achieved."
Persons: , BlackSky, Lloyd Austin, BlackSky BlackSky, Ivan Lukashevych Organizations: Service, Business, Black, US, Fleet, Ukrainian, BlackSky, Security Service, Kyiv, Russian Locations: Ukraine, Crimean, Sevastopol, Russian, Feodosia, Crimea, Novorossiysk, Russia, Moscow, Kyiv, Western, Crimea's, detections, Novorossiysk —, BlackSky, BlackSky Sevastopol
US housing construction is the strongest it's been since 2007, with 1.45 million homes added in 2023. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS housing construction just notched its best year since the great financial crisis, but it hasn't been enough to ease America's home shortage, Zillow reported on Tuesday. According to the real estate firm, 1.4 million homes were added two years ago, reaching a high not seen since 2007. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Austin, Service, Business Locations: California, Seattle
Shares of Dell Technologies and Super Micro Computer jumped Thursday after Elon Musk revealed that the two hardware makers will provide servers to help his artificial intelligence startup xAI develop a supercomputer. "Dell is assembling half of the racks that are going into the supercomputer that xAI is building," Musk said in an X post, adding that Super Micro will also be involved. Dell shares climbed more than 3% in premarket trading, while Super Micro popped roughly 5%. The technology would potentially help Tesla develop the computer vision and large language models needed for robots and autonomous vehicles. Michael Dell, CEO of Dell, said Wednesday in an X post that his firm is building a "Dell AI factory" with Nvidia to power Musk's AI bot Grok.
Persons: Elon Musk, Tesla, Musk, Michael Dell Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, Dell Technologies, Micro Computer, Dell, Microsoft, Google, Nvidia Locations: Beverly Hills , California, Buffalo , New York, Austin , Texas
Elon Musk moved The Boring Company to Texas in 2021, per the Times of London. A resident told the outlet it has turned Texas' "incredible vistas" into "gravel mines." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk's construction company, The Boring Company, has turned Texas' "incredible vistas" into "gravel mines," a longtime resident told The Times of London. According to The Times, Musk moved his tunnel-building venture to Bastrop, a rural town of about 12,000 people located 30 miles east of Austin, in 2021.
Persons: Elon Musk, , Erin Flynn, Musk Organizations: Boring Company, Service, Elon, The Boring Company, Times, The Times, Business Locations: Texas, London, Bastrop, Austin
What to Know About Suicides in the U.S. Army
  + stars: | 2024-06-19 | by ( Janet Reitman | ) www.nytimes.com   time to read: +2 min
The Army’s suicide rate has risen steadily even in peacetime, and the numbers now exceed total combat deaths in the Iraq and Afghanistan wars. Here’s what you need to know about the Army’s suicide crisis:The size and psychological strength of the Army has declined. After the Vietnam War, the Army went through a period of recalibration, a slowing-down that allowed leaders to take stock of their troops and assess their strategies. This requires that the Army be able to deploy anywhere, at any time, for any reason. The Army’s mental-health care system is broken.
Persons: Organizations: Times, Army, Behavioral Health, Fort Riley Locations: Iraq, Afghanistan, Austin, Fort Riley, Kansas, Vietnam, China, Russia, Fort
Meet the hobbyists who collect barf bags
  + stars: | 2024-06-19 | by ( Aj Willingham | ) edition.cnn.com   time to read: +12 min
CNN —“I collect barf bags” is not a complete sentence. “I collect barf bags because they’re pretty neat.”“I collect barf bags, and I’m not the only one.”Of the eight billion people on the planet, the number of serious barf bag collectors is just north of 100, according to notable members of their ranks. The ineffable whyWhen Steve Silberburg started collecting barf bags around 1981, he thought he would be the only one. People were indeed amused, but it had an unintended side effect: Classmates started bringing Silberburg other barf bags to add to his collection. “We don’t want anybody to get ahead of us, you know.”“It makes a good litmus test, telling people you collect barf bags,” Silberburg says.
Persons: CNN —, I’m, Dramamine —, Steve Silberburg, , ” Silberburg, Silberburg, Eli Cox, “ It’s, that’s, Cox, , Bob Grove, Bruce Kelly, Grove, Bob Grove's tastefully, Dramamine Bruce Kelly, Grove’s, “ I’ve, ” Kelly, Kelly, somebody’s, it’s, Bruce Kelly's, Gilmore Schjeldahl, Louis, ” Bruce Kelly, Organizations: CNN, Maine, Finn Aviation, TWA Locations: , New York City, Boston, San Francisco, Austin , Texas, San Diego, Tijuana, Burma, Myanmar, American, North Dakotan, Finnish, Omaha, St, England, Japan, Europe
In order to avoid economic catastrophe, he argued, people should save more money and work longer. The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. For one, many older people cannot work because of a disability or because they need to care for someone else with a disability. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult." He's asking people who have not yet retired to work longer than their elders did and to save even more money, without changing the systematic barriers to either.
Persons: Larry Fink, behemoth BlackRock, Fink, Daniel Ross, Ross, he's, Emily Dickens, SHRM's, We've, Stacie Haller, Patrick Button, Button, ResumeBuilder.com, Gen, we've, Mother Jones, Lilly Organizations: Social Security, Lawyers, Society, Human Resources Management, US Chamber of Commerce, Tulane University, IBM, Employment, Commission, Scripps Medical Clinic, Employers Locations: Down, Texas, Austin, San Diego
The retirement Catch-22
  + stars: | 2024-06-18 | by ( Ann C. Logue | ) www.businessinsider.com   time to read: +10 min
The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. Instead of making it easier for Americans to save for retirement and work as long (or as short) as they want, Fink is setting up a catch-22: The economy needs aging Americans to work longer, but many companies simply don't want them. One of Button's studies looked at "bridge jobs , " part-time jobs in administration or retail that many people use to ease into retirement and cushion their finances. The same year, Scripps Medical Clinic in San Diego was ordered to pay $6.9 million for setting a mandatory retirement age for physicians of 70, regardless of the doctors' interest or abilities. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult."
Persons: Larry Fink, behemoth BlackRock, Fink, Daniel Ross, Ross, he's, Emily Dickens, SHRM's, We've, Stacie Haller, Patrick Button, Button, ResumeBuilder.com, Gen, we've, Mother Jones, Lilly Organizations: Social Security, Lawyers, Society, Human Resources Management, US Chamber of Commerce, Tulane University, IBM, Employment, Commission, Scripps Medical Clinic, Employers Locations: Down, Texas, Austin, San Diego
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