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The dynamic is particularly unpleasant for House Republicans, many of whom would much prefer the hard-line border security bill they passed last year on a party-line vote, known as H.R. Donald Trump, Donald Trump, Donald Trump," she said while campaigning in New Hampshire last week. Even GOP Sen. Lindsey Graham of South Carolina, who has taken pains to support Trump, has called for House Republicans to back the border deal. “To those who think that if President Trump wins, which I hope he does, that we can get a better deal – you won’t,” Graham recently told reporters. So if you think you’re going to get a better deal next time, in ’25, if President Trump’s president, Democrats will be expecting a pathway to citizenship for that,” he said.

Persons: Donald Trump, Ron DeSantis, he’d, ”, It’s, Chip Roy, “, Roy, ’, Andy Biggs, Trump, Joe Biden, that’s, Christopher Devine, Devine, Senate – Arizona's Kari Lake, Pennsylvania's Mehmet Oz, Georgia's Herschel Walker –, parroted, Nikki Haley, Who, Sen, Lankford, Mitch McConnell, James Lankford, ” McConnell, GOP Sen, Lindsey Graham of, ” Graham, Trump’s, Mike Johnson, – Organizations: Republicans ’, Senate, GOP, Republican, Florida Gov, House Republicans, Texas Republican, Arizona Republican, White, Republican Party, Democrat, House, Republicans, University of Dayton, Trump, Virginia, South Carolina Gov, United States Senate Locations: Ukraine, Israel, There’s, Texas, New Jersey, Washington, Virginia, Kentucky, Louisiana, state's, Down, Wisconsin, Trump's, Florida, New Hampshire, James Lankford of Oklahoma, Lindsey Graham of South Carolina, ’

The first-in-the-nation primary could be the last stand for the anti-Trump Republican. Since 2016, a shrinking band of Republican strategists, retired lawmakers and donors has tried to oust Donald J. Trump from his commanding position in the party. Ahead of New Hampshire’s primary on Tuesday, the old guard of the G.O.P. Anything but a very close finish for her in the state, where moderate, independent voters make up 40 percent of the electorate, would send Mr. Trump on an all-but-unstoppable march to the nomination. Yet, their long-running war against him has helped to frame the nominating contest around a central, and deeply tribal, litmus test: loyalty to Mr. Trump.

Persons: Donald J, Trump, Trump Republicans won’t, Nikki Haley Organizations: Trump Republican, Trump Republicans

☆ ‘America Is Under Attack’: Inside the Anti-D.E.I. Crusade
▼ + stars: | 2024-01-20 | by ( Nicholas Confessore | ) www.nytimes.com time to read: +44 min

‘America Is Under Attack’: Inside the Anti-D.E.I. “In support of ridding schools of C.R.T., the Right argues that we want nonpolitical education,” Mr. Klingenstein wrote in August 2021. In a 2023 exchange, Dr. Yenor and two associates discussed how to defend Amy Wax, a conservative law professor at the University of Pennsylvania. Dr. Yenor and his allies bristled at the conventions of academic life as overly solicitous toward female and nonwhite students. Samuel Ginn, Claremont donor“The president then told him, ‘Things will change,’” a Claremont fund-raiser wrote to Dr. Yenor and other officials there.

Persons: “ wokeism ”, Chancellor Sharp, Sam Ginn, DeSantis, !, Searle, Scott Yenor's, Alabama Jeff Sessions, peter thiel, thiel, Dan Patrick, Patrick, Texas Long, Claudine Gay, Harvard’s, Trump, Ron DeSantis, Peter Thiel, Heather Mac Donald, ”, Scott Yenor, “, ” Scott Yenor, Claremont, Critics, George Floyd, Donald J, Trump’s, Thomas D, Thomas Klingentstein, ” Mr, Klingenstein, Yenor, Christopher Rufo, fromScott Yenor, Floyd, Mao Zedong’s, Ryan P, Williams, Jack Miller, Ryan Williams, Miller, zealots, Mao Zedong's, ” Claremont, Taube, tothe, Arthur N, Chris Ross, Dockweiler, Elizabeth Ailes, Roger Ailes, Daniel C, Searles, fromChris Ross Ryan, I'd, Dorian Abbot, Mr, Ross, Dr, Amy Wax, Wax, Wax’s, David Azerrad, . Azerrad, fromScott, Azerrad, —, ’, Mac Donald, Mac Donald1 —, fromDavid Azerrad Heather, that's, Thiel —, Thiel’s, bristled, Riffing, Bill Burr, hadn’t, Burr, George W, Bush, ” Tennessee’s, Susan Kaestner, Jeff Sessions, Samuel Ginn, Christopher B, Roberts, Roberts “, Ginn, ” Bowdoin, Thomas Klingenstein, Janet Mills, Mills, ‘, Sarah Huckabee Sanders, Kevin Stitt, he’d, fromThomas, Glenn, sputtered, retool, didn’t, Jim Banks, Banks’s, Banks, Gay, Elise Stefanik Organizations: MIT, Trust, Texas, Claremont, Republicans, Senate, The New York Times, Republican, Claremont Institute, Gov, D.E.I, New, Manhattan Institute, Maine Policy Institute, ”, Texas Public Policy Foundation, Equity, Jack Miller Family, Jack Miller Family Foundation America, Capitol, Freedom Trust, Rupe Foundation, Scaife, Fox News, Massachusetts Institute of Technology, University of Pennsylvania, Hillsdale College, Boise State University, Boise, University of Wisconsin, Eau Claire, Trump, Boise State, University of Tennessee, Arkansas, Alabama, Auburn University, University of Alabama, Auburn, Bowdoin College in, NAS, Bowdoin, Democratic, Mr, Maine Public Radio, American, Association, Maine Department of Education, Indiana Republican, Education, Harvard, New York Republican Locations: Texas, Tennessee, North Carolina, Maine, Montana , Utah , Oklahoma , Texas, South Carolina , Florida, Louisiana, America, defund, Alabama, Tallahassee, Union, California, Florida, Maine , Tennessee, Idaho, New York, Florida , Louisiana, North Carolina , Oklahoma , Tennessee, Wisconsin, Darling, Dallas, Utah, C.R.T, United States, Hillsdale, Eau, India, Boise State, Boise, Manhattan, Canadian, Dixie, Maine —, Bowdoin College in Maine, Colonial America, ”, Maine’s, la, Portland, Northern Maine, Arkansas, Yenor, Indiana, Israel

☆ The Iowa caucuses are on Monday — here's what you need to know
▼ + stars: | 2024-01-13 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +7 min

Iowa voters will bear subzero wind chills on Jan. 15 to sit in school gyms, churches and community centers and discuss who they want to be the next U.S. president. The Iowa caucuses are the first voting events in the Republican presidential primary. Why do Iowa caucuses matter? Democrats have intentionally lessened their emphasis on the Iowa caucuses due to a vote-counting blunder in 2020. How can you follow the Iowa caucuses?

Persons: Joe Biden, Donald Trump, Surrogates, caucusgoers, Trump, Pete Buttigieg, Biden, Ted Cruz, outdoing Trump, Vivek Ramaswamy, Grassley, Ron DeSantis, Eric Trump, Nikki Haley, Ramaswamy, Bob Vander Plaats, Asa Hutchinson, caucusing Organizations: Republican, North Dakota ., Virgin, Democratic, Republican National Convention, Democrats, GOP, Florida Gov, U.N, Former Arkansas Gov, CT, Voters, CNBC Locations: Des Moines , Iowa, Iowa, U.S, Nevada , Wyoming, North Dakota, North Dakota . U.S, American Samoa, Guam, , Iowa, New Hampshire

☆ Lawsuit Challenging University of California’s D.E.I. Statements Is Tossed
▼ + stars: | 2024-01-13 | by ( Vimal Patel | More About Vimal Patel | ) www.nytimes.com time to read: +3 min

Behind the LawsuitDiversity statements — also known as diversity, equity and inclusion, or D.E.I., statements — ask candidates seeking a faculty job or promotion to describe how they would contribute to campus diversity. In his lawsuit, John Haltigan, who has a Ph.D. in developmental psychology, said he would have applied to a position at U.C. The Pacific Legal Foundation, a libertarian group that filed the lawsuit for Dr. Haltigan, did not make him available for an interview. They also say the statements are another tool that the savvy can use to hit the right buzzwords, rewarding performative dishonesty. requirements for faculty hiring — or the system’s diversity and inclusion efforts more broadly — but it defangs for now what experts say was among the first legal challenges to these university statements.

Persons: —, John Haltigan, “, ”, Haltigan, ‘, ” Erwin Chemerinsky, Wilson Freeman Organizations: Pacific Legal Foundation, University of California, Berkeley, Chronicle, Higher Education, Universities Locations: U.C, Santa Cruz, North Dakota, Florida, Texas, Arizona

☆ Williams Syndrome: the Joy and Sadness of Loving Strangers
▼ + stars: | 2023-12-20 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +23 min

She's been greeted with hugs from strangers at the biannual convention for people with Williams syndrome, which make her "feel like a rockstar." That's common for those with Williams syndrome, said Mary Van Haneghan, the executive director of the WSA. Online environments can be difficult for people with Williams syndrome to navigate, says Joel Liestman, the director of family support at the WSA. She sees Williams syndrome as a gift and believes everyone could learn more empathy from those with the condition. He has had two relationships with women with Williams syndrome, but in both cases they didn't work out.

Persons: Tobi Akbas, he'd, Tobi, Williams, I've, Jackie Molloy, Terri, he's, Robert Boddie Jr, Boddie, Karen Levine, She's, There's, Haley Gallinger, Daren Bjerke, who's, Devin, John Martinez, Mary Van Haneghan, it's, doesn't, You've, neurotypical, Allie, Joel Liestman, That's, Callie Truelove, I'm, Jocelyn Krebs, Truelove, we're, he'll, we've, Levine, Josh Duffy, He's, Duffy, vlogs, We're, Hayley Cuccinello, Louise Ridley, Kevin Kaplan Organizations: Williams Syndrome Association, Business, Continental Village Fire Department, Tobi, Go, WSA, New York, Louise Ridley Design, Trenton Almgren Locations: Garrison , New York, Santa, Garrison, Peekskill , NY, recliners, Maine, Brunswick , Maine, labrador, New, New York City, Trenton

☆ 5 wedding planning red flags that could mean you're headed for divorce, according to therapists
▼ + stars: | 2023-12-04 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

And cracks can appear as early as the wedding planning stage, therapists told Business Insider. Bejar and Toxavidi shared the red flags they see during wedding planning that suggest that a couple's marriage might end in divorce. AdvertisementOnly one person is invested in the weddingHaving one partner take the reins in wedding planning can work if both parties are genuinely happy with that set-up. But if one partner feels alone in wedding planning, that can be a red flag, Toxavidi said. Prioritizing family over the partner"Only ever prioritizing your family of origin rather than the partner that you're about to marry is not a good sign," Bejar said.

Persons: Landis Bejar, —, Vasia, Bejar, Toxavidi, they're, shouldn't, there's Organizations: Business, Service Locations: New York, London

☆ Two Young Democratic Stars Collide Over Israel and Their Party’s Future
▼ + stars: | 2023-11-11 | by ( Nicholas Fandos | More About Nicholas Fandos | ) www.nytimes.com time to read: +5 min

“This is pursuing a proven and failed strategy,” Ms. Ocasio-Cortez said in a recent radio interview. Calls for a cease-fire by Ms. Ocasio-Cortez and others drew a stern rebuke from the White House, and she faced backlash for voting against a bipartisan resolution that expressed strong support for Israel. Ms. Ocasio-Cortez, who did not agree to an interview, met in Washington last month with the families of Jewish hostages kidnapped by Hamas. was trying to infiltrate the Democratic Party “to impose the ideological litmus tests on Israel” and “cleanse” those who disagree with them. It remains far from clear how many left-leaning Democrats Mr. Torres is moving.

Persons: Ms, Ocasio, Cortez, it’s, Rashida Tlaib, Cori Bush of, Israel, ”, Brad Lander, “ I’m, Dan Goldman, Torres, “, lurch, Torres’s, Mr, Democratic Party “, Israel ”, combativeness, Waleed Shahid, Torres “, ” Jeremy Cohan Organizations: Democratic, White, Israel, Democrats, Democratic Socialists of America, Democratic Party, City Council, New York Locations: Queens, Bronx, Michigan, Cori Bush of Missouri, Gaza, Washington, Alexandria, New York City, New York, Israel, Tel, New

Republican presidential candidate Vivek Ramaswamy speaks during the party's Florida Freedom Summit held at the Gaylord Palms Resort & Convention Center in Kissimmee, Florida, U.S., November 4, 2023. In an interview, Ramaswamy said he would formally introduce a pledge on Tuesday in Miami, on the eve of the third Republican primary date, laying out non-interventionist foreign policy principles. Ramaswamy's introduction of the pledge comes after weeks of sparring with fellow Republican presidential contender Nikki Haley, a former U.S. ambassador to the UN, over foreign policy. Ramaswamy has said Haley, who ranks third in most Republican primary polls, risks dragging America into a bloody conflict thanks to her aggressive foreign policy stances. According to polling and analysis website FiveThirtyEight, Ramaswamy has the support of 5% of Republican primary voters, while Trump is the lead with roughly 58% support.

Persons: Vivek Ramaswamy, Octavio Jones, Ramaswamy, Joe Biden, Nikki Haley, Haley, Donald Trump, Ron DeSantis, Chris Christie, Trump, Gram Slattery, Leslie Adler Organizations: Summit, Gaylord, Convention, REUTERS, Rights, Republican, Reuters, Democratic, UN, Republican Party, New, Thomson Locations: Florida, Kissimmee , Florida, U.S, Miami, Ukraine, Israel, New Jersey

☆ New US House Republican speaker faces early test on government funding
▼ + stars: | 2023-11-01 | by ( David Morgan | ) www.reuters.com time to read: +5 min

Newly elected Speaker of the House Mike Johnson (R-LA) takes his oath of office after he was elected to be the new Speaker at the U.S. Capitol in Washington, U.S., October 25, 2023. "This will be a litmus test," said Representative Ryan Zinke, a Republican who sits on the House committee that sets spending priorities. With a similar use of previously allocated money, House Republicans would spend a net $65.2 billion on transportation, housing and urban development, 25% below current levels. Even if passed, the House Republican bills have no chance of succeeding in the Democratic-led Senate or being signed into law by Democratic President Joe Biden. While the House has focused on passing spending bills with only Republican votes, the Senate has worked on measures that have bipartisan support.

Persons: Mike Johnson, Elizabth Frantz, Republican Mike Johnson, Johnson's, Don Bacon, Johnson, Israel, Chuck Schumer, Schumer, Ryan Zinke, Kevin McCarthy, Kelly Armstrong of, Joe Biden, Bob Good, Bacon, David Morgan, Scott Malone, Alistair Bell Organizations: U.S, Capitol, REUTERS, Rights, Republican, U.S . House, Department of, Hamas, Ukraine, Internal Revenue Service, Social Security, Democratic, Republicans, Environmental Protection Agency, Senate, Thomson Locations: Washington , U.S, Louisiana, Nebraska, Israel, Kelly Armstrong of South Dakota, Virginia

☆ Trump’s Extremists Are Now In Charge of the House - The New York Times
▼ + stars: | 2023-10-26 | by ( The Editorial Board | ) www.nytimes.com time to read: +3 min

Mr. Johnson was “the most important architect of the Electoral College objections” to Mr. Trump’s loss in 2020, as a New York Times investigation found last year. Mr. Johnson now refuses to talk about his leading role in that shameful drama. At the end of September, he voted against the stopgap spending measure negotiated by Mr. McCarthy that prevented a government shutdown. Two other Republican speaker candidates, Tom Emmer and Steve Scalise, also voted for it — and were also vetoed by the extreme right. Mr. Johnson now says he would support another temporary stopgap to give the House time to pass drastic spending cuts.

Persons: Johnson, Mr, McCarthy, Trump, torpedoing, ”, “, Tom Emmer, Steve Scalise, Jim Jordan Organizations: Mr, Electoral, New York Times, Capitol, ABC News, Republican, Democratic, Republicans

☆ Even Before the Israel-Hamas War, Being Palestinian Was Controversial - The New York Times
▼ + stars: | 2023-10-25 | by ( Hala Alyan | ) www.nytimes.com time to read: +9 min

I’d had the privilege of a youth — adolescence and young adulthood — in countries where being Palestinian was fairly common. The task of the Palestinian, we’ve seen in the past two weeks, is to audition for empathy and compassion. In the past couple of weeks, I’ve watched Palestinian activists, lawyers, professors get baited and interrupted on air, if not silenced altogether. What is the word of a Palestinian against a machinery that investigates itself, that absolves itself of accused crimes? Diasporically or not, being Palestinian is the quintessential disrupter: It messes with a curated, modified tape.

Persons: I’ve, I’d, hadn’t, we’ve, they’ve, dehumanized, You’ve, I’d humanized, Al Jazeera, “ It’s, it’s, infographics, I’m Organizations: NBC Locations: United States, Kuwait, Palestine, Manhattan, Gaza, Philadelphia, Las Vegas, I’m, Palestinian

TOKYO (AP) — Japan's Prime Minister Fumio Kishida said Monday he is preparing to take bold economic measures, including an income tax cut for households hit by inflation and tax breaks for companies to promote investment, in what's seen as a move to lift his dwindling public support. “I'm determined to take unprecedentedly bold measures,” Kishida said, pledging an intensive effort to achieve stronger supply capability in about three years. “The results clearly show that many voters are dissatisfied by the government's delayed economic measures to tackle rising prices," said Jun Azumi, a senior CDPJ lawmaker. “Now is the time for me to focus on that, and I'm not thinking about anything else,” Kishida said, denying that his tax cut proposal was related to elections. The tax cuts would be part of a new economic stimulus package he plans to announce by the end of the month.

Persons: —, Fumio Kishida, Kishida, “ I'm, ” Kishida, “, ”, Azumi Organizations: TOKYO, Liberal Democratic Party, Constitutional Democratic Party of Japan Locations: what's, Nagasaki, Sunday's, Kochi, Tokushima, Ukraine, Israel, China

☆ Germany's political landscape is shifting, with the far-right AfD party ahead in the polls
▼ + stars: | 2023-10-03 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +3 min

The AFD party leadership (front row) holds a banner reading OUR LAND FIRST! during a protest against the rising cost of living in a demonstration organized by the right-wing Alternative for Germany (AfD) political party on October 8, 2022 in Berlin, Germany. The Christian Democratic Union party (CDU), formerly led by chancellor of 16 years, Angela Merkel, currently polls the highest. "First of all you need a political will to stop it and we don't see this will among the other parties. "There is a backlash clearly … The population is now moving to the right," Sinn said, referring to the popularity of the AfD.

Persons: Omer Messinger, Angela Merkel, Robert Lambrou, Lambrou, CNBC's Annette Weisbach, Chancellor Olaf Scholz, Manfred Knof, Hans, Werner Sinn, Sinn Organizations: Getty, Social Democrats, Greens, Free Democrats, Christian Democratic Union, CDU, CNBC, Federal Ministry for Economic Affairs, Handelsblatt Locations: Germany, Berlin, Hesse, Frankfurt, Bavaria, Munich, Sonneberg, Thuringia, Europe

☆ Parents of Michigan teen school shooter to face trial
▼ + stars: | 2023-10-03 | by ( Rich Mckay | ) www.reuters.com time to read: +3 min

David Guralnick/Pool via... Acquire Licensing Rights Read moreOct 3 (Reuters) - The parents of a teenage school shooter who killed four students and wounded six other people in 2021 at his Detroit-area high school will stand trial for involuntary manslaughter, the Michigan Supreme Court ruled on Tuesday. The court, in Lansing, Michigan, ruled that it would not hear the appeal of the parents of Ethan Crumbley, who was 15 at the time of the Oxford High School shooting. His parents, Jennifer and James Crumbley, are seeking to avoid trial on four counts of involuntary manslaughter each. An Oakland County Circuit Court and a panel of three Michigan Court of Appeals judges have already ruled against the Crumbleys. The Crumbleys each face charges connected to the deaths of Oxford High students Madisyn Baldwin, 17; Tate Myre, 16; Hana St. Juliana, 14; and Justin Shilling, 17.

Persons: Ethan Crumbley, David Guralnick, James Crumbley, Shannon Smith, Mariell Lehman, Madisyn Baldwin, Tate Myre, Hana St, Juliana, Justin Shilling, Rich McKay, Bernadette Baum Organizations: Oxford, Oakland, Michigan Supreme, Oxford High School, Prosecutors, Circuit Court, Detroit News, Oxford High, Thomson Locations: Oakland County, Pontiac , U.S, Detroit, Michigan, Lansing , Michigan, Atlanta

☆ Sharing at work can be good. Oversharing is not.
▼ + stars: | 2023-10-01 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Yasmin Sampson-Da Rocha pulled the woman into yet another meeting to try to figure out what was going on. Sampson-Da Rocha left the meeting thinking it was time to do a better job of sharing more details about her own life so that those reporting to her could do the same. "It's still such a taboo to say you're struggling in some way," Sampson-Da Rocha told Insider. At work, it let many of us literally see into our colleagues' lives — the good, the bad, and the naked . AdvertisementAdvertisement"I would still take the slightly oversharing versus the someone's struggling at work because they haven't communicated what's going on," she said.

Persons: —, Yasmin Sampson, Da Rocha, she'd, Sampson, COVID, it's, isn't, what's, Shannon Duvall, she's, Duvall, couldn't, It's, I've, kinky Organizations: Service, Facebook Locations: Sampson, London

☆ A 'litmus test' for a looming recession could come next quarter, says an economist who's been predicting a downturn for 18 months
▼ + stars: | 2023-09-28 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

He told CNBC in an interview the fourth quarter of this year would be the "litmus test" for his call. He added a recession typically starts two years after a rate hike cycle begins. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementVeteran economist David Rosenberg has been calling a recession for the last 18 months, and he isn't letting the current resilience in the US economy change his mind. "It hasn't materialized, dot dot dot, yet," Rosenberg told CNBC on Wednesday, in response to his bearish call.

Persons: David Rosenberg, —, Rosenberg, — Squawk Organizations: CNBC, Service, Rosenberg Research, US Federal Reserve, Energy, West Texas, Brent Locations: Toronto, Saudi Arabia, Russia

Dombrovskis, who is also the bloc's trade commissioner, is on a four-day visit to China seeking more balanced economic ties with the EU. Citing the bloc's trade deficit as an example, he added "the EU also needs to protect itself in situations when its openness is abused." LITMUS TESTThe EU blames its 400 billion euro trade deficit partly on Chinese restrictions on European companies. A "thousand" barriers to market access have propelled the trade deficit to its "highest in the history of mankind", EU Ambassador to China Jorge Toledo lamented at a forum in Beijing on Thursday. One with whom the EU wishes to work towards a more balanced trade and investment relationship."

Persons: Valdis Dombrovskis, Jason Xue, Dombrovskis, China Jorge Toledo, Lifeng, Moscow, Brenda Goh, Albee Zhang, Shri Navaratnam, William Mallard Organizations: European Commission, Reuters, REUTERS, Rights, European Union, Bund Summit, EU, Global Times, Thomson Locations: Shanghai, China, Moscow, Russian, Ukraine, Beijing, Dombrovskis

☆ Why the 'coffee-cup test' taps into our fears about the rise of AI in hiring
▼ + stars: | 2023-09-21 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

The "coffee-cup test" has resurfaced online as a symbol, for some, of opaqueness in hiring. The secret nature of the test can raise similar concerns to the use of AI in hiring. AI can seem just as arbitrary in its decision making as the coffee-cup test. AI, of course, could make a hiring process that's still way too subjective that much less so. The online poll, conducted in June by Resume Builder, involved about 1,000 people who are part of the hiring process at their employers.

Persons: today's, —, Josh Millet, Millet, who's, there's, There's, Harris, Sandra Sucher, Sucher, it's Organizations: Service, Amazon, American Staffing Association, Pew Research Center, Harvard Business School Locations: Wall, Silicon, Los Angeles

☆ The IPO market has been frozen for 2 years. Arm and Instacart point to a thaw coming in 2024.
▼ + stars: | 2023-09-20 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Before Tuesday, the grocery brand secured a $10.2 billion valuation fully diluted, far below the $39 billion valuation it earned during the pandemic. Experts explained what Instacart and Softbank-backed Arm's debuts means for the broader IPO market, which has been ice-cold for 2 years. AdvertisementAdvertisementExperts say venture capital firms, stock market investors, and any private company mulling an IPO will be closely monitoring the how newly-public names trade over the coming months. "But I do think the public market getting behind companies [like Arm and Instacart] is a signal the market is opening up." "The IPO market is open but it's not indiscriminate," Coben told Insider on Tuesday.

Persons: Munafo, Craig Coben, Coben, Rachel Gerring, Gerring, Instacart, it's, Jerome Powell's Organizations: Service, Arm, Federal Reserve, Fund, London Stock Exchange, Bank of America Locations: Wall, Silicon, Americas

☆ Klaviyo stock surges 23% as investors cheer the 3rd IPO in a week
▼ + stars: | 2023-09-20 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Klaviyo stock soared on its debut Wednesday, within days of Instacart and Arm's initial public offerings. The software company, founded in 2012, priced 19.2 million shares on Tuesday at $30 each, giving Klaviyo about a $9 billion valuation, fully diluted. Klaviyo helps companies build user profiles for targeted marketing. In 2020 and 2021, scores of companies initiated IPOs, but many now trade below their IPO price. Still, she said the likes of Arm, Instacart, and Klaviyo offer a "good litmus test" for what's to come in 2024.

Persons: Klaviyo, Wharton, David Erickson, Erickson, IPOs, Rachel Gerring, Gerring Organizations: Service, New York Stock Exchange, Venture, Wall Locations: Instacart, Wall, Silicon, Americas

☆ Katy Perry Sells Catalog to Litmus Music
▼ + stars: | 2023-09-18 | by ( Joseph Pisani | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/media/katy-perry-sells-catalog-to-litmus-music-c3be635f

Persons: Dow Jones, perry

☆ Katy Perry sells rights to five albums including 'Teenage Dream' to Litmus Music
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +1 min

Katy Perry performs on stage during the Coronation Concert on May 07, 2023 in Windsor, Britain. Chris Jackson/Pool via REUTERS/File photo Acquire Licensing RightsSept 18 (Reuters) - Singer Katy Perry has signed a deal to sell rights to five of her studio albums released between 2008 and 2020 including "Teenage Dream" to Carlyle-backed Litmus Music, the music rights company said on Monday. "One of the Boys," "PRISM," "Witness" and "Smile" are the other four studio albums that are part of the deal. The five studio albums were released under Perry's contract with Capitol Records, whose former president Dan McCarroll is the co-founder of Litmus Music. With Perry, Litmus Music gets access to an artist who shot to fame in July 2008 with the track "I Kissed A Girl" and has earned 13 Grammy nominations and five MTV Video Music Awards.

Persons: Katy Perry, Chris Jackson, Carlyle, Dan McCarroll, Blackstone, Justin Bieber, Bob Dylan, Perry, Jaspreet Singh Organizations: Billboard, Capitol Records, Litmus, Litmus Music, MTV, Thomson Locations: Windsor, Britain, Bengaluru

Sept 11 (Reuters) - Klaviyo is seeking a fully-diluted valuation of up to $8.4 billion in its initial public offering (IPO) in the United States, the marketing firm said on Monday, as it becomes the latest company to tap a growing wave of stock market listings. However, the company's proposed valuation is a climb-down from the $9.15 billion pre-money valuation at which Klaviyo last raised capital in 2021, reflecting a broader gloom in the technology startup ecosystem. Founded in 2012, Klaviyo helps store and analyze data for e-commerce brands that enables them to send out personalized marketing emails and messages to potential customers. Klaviyo posted 51% growth in revenue to $164.6 million for the three months ended June 30. The company is expected to debut in September, a busy month for stock market listings that could serve as a litmus test for other companies looking to go public.

Persons: Andrew Bialecki, Klaviyo, AllianceBernstein, Goldman Sachs, Morgan Stanley, Sri Hari, Manya, Niket Nishant, Shweta Agarwal, Maju Samuel Organizations: Arm Holdings, Neumora Therapeutics, Summit Partners, BlackRock, New York Stock Exchange, Citigroup, underwriters, Sri, Manya Saini, Thomson Locations: United States, Boston, United Kingdom, Australia, Bengaluru

☆ ASEAN's diversity on Myanmar shouldn't divide the bloc, says ex-Indonesian minister
▼ + stars: | 2023-09-05 | 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 EmailASEAN's diversity on Myanmar shouldn't divide the bloc, says ex-Indonesian ministerIndonesia’s former foreign minister says the situation with Myanmar's civil strife is not only a "litmus test" but also an "existential threat" to ASEAN's unity. Marty Natalegawa speaks to CNBC's JP Ong on the sidelines of the Association of Southeast Asian Nations summit in Jakarta.

Persons: Marty Natalegawa, CNBC's JP Ong Organizations: Association of Southeast, Nations Locations: Myanmar, Jakarta

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