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FILE PHOTO: Bottles of Australian wine are seen at a store selling imported wine in Beijing, China November 27, 2020. Australian Grape & Wine CEO Lee McLean said the barley decision was a very positive step for the country’s relationship with China. “We hope this may provide a template for removing the duties on Australian wine,” he said. Those trade flows are likely to shift again after China drops the tariffs, with its barley buyers expected to begin purchases of the new Australian crop harvested in October for arrival by year-end. ($1 = 1.5223 Australian dollars)($1 = 1.5232 Australian dollars)((This story has been corrected to change the value of Australian barley exports to A$1.5 billion, not A$2 billion, in paragraph 11)
Persons: Florence, Dennis Voznesenski, , Colin Bettles, Lee McLean Organizations: China’s Ministry of Commerce, REUTERS, World Trade Organization, Rabobank, , Grain Producers Australia, WTO, Labor, & Wine Locations: BEIJING, SYDNEY, Beijing, China, Australia, Canberra, WTO, Canada, France, Argentina
Australian Trade Minister Don Farrell said on Friday that Chinese restrictions affecting roughly A$20 billion of annual trade as of last May had shrunk to hit about A$2 billion of exports. The U.S. Trade Representative’s office, which has sided with Australia in the trade dispute, declined to comment on China’s move to reduce barley tariffs. FILE PHOTO: Bottles of Australian wine are seen at a store selling imported wine in Beijing, China November 27, 2020. Wine producer Treasury Wine Estate’s shares reversed earlier declines to close 2.7% following the barley decision against an otherwise flat market. Chinese buyers had turned to Canada, France and Argentina to replace Australian barley supplies over the last three years, while Australian sellers shifted exports to feed barley markets in the Middle East.
Persons: Don Farrell, ” Farrell, Anthony Albanese, Florence, Lee McLean, Dennis Voznesenski, , Colin Bettles Organizations: SYDNEY, China’s Ministry of Commerce, World Trade Organization, Australian Trade, Labor, U.S . Trade, REUTERS, Wine, WTO, Rabobank, , Grain Producers Australia Locations: BEIJING, Australia, normalisation, China’s, Canberra, China, Beijing, Canada, France, Argentina
The corporate flags for the Gannett Co and its flagship newspaper, USA Today, fly outside their corporate headquarters in McLean, Virginia, July 23, 2013. REUTERS/Larry Downing/File photo(Reuters) - USA Today-publisher Gannett Co boosted its annual earnings expectations on Thursday, as advertising demand recovers from post-pandemic lows. Gannett’s revenue from advertising and marketing services fell 8% to $353.3 million in the second quarter ended June 30 from a year earlier. Analysts on average expect 2023 profit of $8.2 million, according to Refinitiv data. The company reiterated annual revenue between $2.75 billion and $2.80 billion, above estimates of $2.74 billion.
Persons: Larry Downing Organizations: Gannett Co, USA, REUTERS, U.S . Federal Reserve, U.S ., Google, Gannett Locations: McLean , Virginia, U.S
[1/2] A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. The global market for weight-loss drugs is forecast to reach as much as $100 billion within the decade. Beyond severe mental health disorders, other patients struggling with obesity tend to suffer from mental health issues like depression and anxiety at higher levels than the general population, studies show. However, psychiatrists specializing in eating disorders are wary that drugs like Wegovy could exacerbate their patients’ focus on weight loss because they are so effective. Dr. Michael Weintraub, an endocrinologist at NYU Langone Health, said ideally psychiatrists will work with endocrinologists because weight-loss drugs require careful monitoring not related to mental health issues.
Persons: Jim Vondruska, Wegovy, Novo, It's, doggedly, Joseph Goldberg, Eli Lilly, Natalia Salomao, Dost Ongur, Brigham, Roy Chengappa, New Yorker Alexander Roger, Roger, Michael Weintraub, McLean's Ongur, Elissa Welle, Michele Gershberg, Bill Berkrot Organizations: REUTERS, Icahn School of Medicine, U.S . Food, Drug Administration, Reuters, Mass, Brigham McLean Hospital, University of Pittsburgh Medical Center, New Yorker, Fordham University, Nordisk, NYU Langone Health, Thomson Locations: Chicago , Illinois, U.S, Mount Sinai, New York, Europe, Danish, Boston
Grégoire Trudeau reconnected with Trudeau when they were co-hosts of a charity event in 2003, but the pair only started dating a few months later. Sophie Grégoire Trudeau and Prime Minister of Canada Justin Trudeau speak at the 2017 Juno Awards at Canadian Tire Centre. But I sent him an email the next day, and he never replied," Grégoire Trudeau recalled in her October 2011 interview with Diamond. I didn't delete it, I just decided, 'No, I'm better off not starting anything that I'm not willing to go through with,'" Trudeau told the Canadian magazine Maclean's in June 2005. The couple ended up getting engaged in October 2004, on what would have been Trudeau's late father's 85th birthday, per Maclean's.
Persons: Grégoire Trudeau, Trudeau, Sophie Grégoire Trudeau, Canada Justin Trudeau, George Pimentel, Michel, Diamond, Trudeau wasn't, I'm, Mclean's Organizations: Canadian Tire Centre, Canadian Locations: Canada
WASHINGTON, Aug 2 (Reuters) - The U.S. Internal Revenue Service plans to allow taxpayers to submit all documents and correspondence to the agency digitally for the 2024 tax filing season and will convert all paper tax returns to digital documents by the 2025 season, the Treasury Department said on Wednesday. The initiative, part of a decade-long, $60 billion program to modernize systems and improve tax enforcement, will allow taxpayers to digitally submit all correspondence, non-tax forms and responses to IRS notices, the Treasury said. Most U.S. tax returns are already filed digitally, which results in faster refunds. But the COVID-19 pandemic and associated filing delays and staffing shortages saddled the IRS with a massive backlog of 22.5 million unprocessed paper tax returns by February 2022 that needed some form of manual processing. U.S. Treasury Secretary Janet Yellen said in excerpts of remarks at an IRS facility in McLean, Virginia, that taxpayers will always have the choice to submit documents by paper.
Persons: Janet Yellen, Yellen, David Lawder, Christian Schmollinger Organizations: Internal Revenue Service, Treasury, U.S, IRS, Congress, Thomson Locations: McLean , Virginia
U.S. Treasury Secretary Janet Yellen speaks during a climate finance roundtable discussion at the U.S. Embassy in Beijing, Saturday, July 8, 2023. "Fitch's decision is puzzling in light of the economic strength we see in the United States," Yellen said. "I strongly disagree with Fitch's decision, and I believe it is entirely unwarranted." Fitch had cited a deterioration in U.S. governance that started during the prior Trump administration in making its decision, according to U.S. Treasury officials. The company has a contract to develop scanning technology to convert paper documents so that they can be digitally processed.
Persons: Janet Yellen, Mark Schiefelbein, MCLEAN, Biden, Yellen, Joe Biden's, Fitch, Trump, Richard Francis, Donald Trump, Francis, Biden's, David Lawder, Paul Simao Organizations: Treasury, U.S, Embassy, . Treasury, Fitch, Internal Revenue Service, Reuters, U.S . Capitol, AAA, Republicans, Century Technologies, Thomson Locations: Beijing, Virginia, Washington, United States, U.S, McLean , Virginia
This company has a knack for magnificent vistas. Its new home is high above the Hudson River in Garrison, N.Y., with breathtaking views. Picnicking, should you care to, is very much part of the preshow experience, and performances are alfresco, under a sturdy, festive, big white tent. But productions here often use the landscape just outside for striking tableaus, with the tent’s wide, arced entrance framing bits of action on the sloping lawn. (hvshakespeare.org)
Persons: Henry V ”, Davis McCallum, Amanda Dehnert, André, Penelope ”, , Eva Steinmetz, Alex Bechtel, Grace McLean, Steinmetz Locations: Garrison, N.Y
They said 54% of Aritzia employees and 60% of retail employees identified as BIPOC but declined to provide a breakdown of those statistics. Insider spoke with 53 current and former Aritzia employees, several of whom said that while the world of fashion is notoriously cutthroat, working at Aritzia was particularly grueling. Aritzia's spokesperson said the company's success was a "direct result of its high-performance culture." (In a statement of defense filed with the court on July 5, the store manager and Aritzia denied all allegations. A former Ontario store manager said that shortly after she was hired, the manager of store operations asked if she had a boyfriend.
Persons: Brian Hill, Hill, Kendall Jenner, Meghan Markle, Jennifer Lopez, Aritzia, Lindsey Adelman, Melina, Isabel Slone, Max Mumby, Aritzia's, Carly Bishop, Brian, Jennifer Wong, who's, Wong, Robson, We're, George Pimentel, Heather McLean, Hill's, Tim Hortons, Kendalls, , Todd Korol, Jessica Porter, weren't, Candace Jerry, Anyango Juma Miguna, Miguna, Hannah, Kaycelyn Pascual, Pascual, couldn't, Nadia Mahammed, Mahammed, she'd, George Floyd, they'd, Todd Ingledew Organizations: Aritzia, Euromonitor International, Aritzia's, Queen's University, Fashion, Globe, Toronto Star, Getty, SPH, Employees, British Columbia Human, Product, Estate Development, Business Locations: Toronto, Vancouver, Ontario, Aritzia, ascot, Canada, Aritzia's Vancouver, Canadian, New York City, Aritzia's Paramus , New Jersey, Newmarket , Ontario, British, New York
The consulting firm Booz Allen Hamilton has agreed to pay $377.5 million to settle a federal lawsuit that accused it of falsely billing the U.S. government, the Justice Department said on Friday. The settlement resolves allegations that between 2011 and 2021, Booz Allen improperly charged the government for indirect costs that it should have billed under its commercial and international contracts, the Justice Department said in a news release. The government had alleged that the firm “obtained reimbursement from the government for the costs of commercial activities that provided no benefit to the United States.”A consulting firm’s indirect costs can include expenses like equipment, marketing and office space. Booz Allen, which is based in McLean, Va., has lucrative defense and intelligence contracts with the federal government. Investigators began reviewing the firm’s billing practices in 2016.
Persons: Booz Allen Hamilton, Booz Allen, , Brian M, Boynton Organizations: Booz, ., Justice, Justice Department, Locations: United States, McLean , Va
The UK water sector is “clearly in a state of multiple crises,” said Dieter Helm, a professor of economic policy at the University of Oxford. Thames Water in troubleThe industry’s long-running problems have been thrust into the spotlight by a looming cash crunch at Thames Water, which serves 15 million people in London and the southeast of England. An aerial view of a Thames Water sewage treatment works in west London. A screen displays real-time notifications of sewage leaks into waterways in the region controlled by Thames Water in January 2023. Will Thames Water be nationalized?
Persons: , Dieter Helm, , ” Helm, Ofwat, Abu Dhabi, David Black, Ben Stansall, Iain Coucher, they’ve, ” Black, Margaret Thatcher’s, David Hall, Leon Neal, ” Hall, Sarah Bentley “, Maureen McLean, Helm Organizations: London CNN —, University of Oxford, CNN, Thames, Getty, Yorkshire Water, Margaret Thatcher’s Conservative, Public Services International Research Unit, University of Greenwich, Thames Water, Ontario, BBC Locations: England, Wales, London, China, Abu, AFP, Yorkshire, Windsor, UK
NEW YORK, July 5 (Reuters) - Family-owned food giant Mars Inc on Wednesday agreed to buy Kevin's Natural Foods, which is known for its sous-vide meals, sauces, and side dishes, the companies said. McLean, Virginia-based Mars, which generates about $48 billion in annual sales, has three major businesses - Mars Petcare, Mars Snacking, and Mars Food & Nutrition. After the deal is completed, Kevin's will operate as a standalone brand under the food and nutrition unit. Mars plans to grow its food business through more potential acquisitions in the near term, said Shaid Shah, global president at Mars Food & Nutrition. McCray launched Kevin's after he was diagnosed with an autoimmune disorder, as he wanted to build a food brand that focused on healthy diets.
Persons: Kevin's, Mars, Canin, Shaid Shah, Shah, Dan Costa, Kelsie Costa, Olson, Kevin McCray, McCray, Simpson Thacher, ArentFox Schiff, Sheppard Mullin, Anirban Sen, Abigail Summerville, Jamie Freed Organizations: YORK, Mars Inc, Mars Food, Nutrition, Mars, Heska Corp, Towerbrook Capital Partners, NewRoad Capital Partners, Unilever, Flagstone Foods, Campbell Soup, Citi, Burling, Wells, Wells Fargo Securities, Thomson Locations: McLean , Virginia, Modesto , California, North America, Bartlett, Covington, Wells Fargo, New York
Gannett said this leaves Google with "exorbitant monopoly profits," and "dramatically less revenue" for publishers and its ad technology rivals. "Digital advertising is the lifeblood of the online economy," Gannett Chief Executive Mike Reed said in an opinion published in USA Today. Like many newspaper publishers, McLean, Virginia-based Gannett has struggled with falling ad revenue as more Americans, estimated at 86%, get news online. Gannett said digital advertising is a $200 billion business, up nearly eightfold since 2009, but newspaper ad revenue fell nearly 70% over that time. The case is Gannett Co v Google LLC et al, U.S. District Court, Southern District of New York, No.
Persons: Gannett, Mike Reed, Jonathan Stempel, Louise Heavens, Jonathan Oatis, Richard Chang Organizations: YORK, Gannett, U.S ., USA, Google, Alphabet Inc, European Union, U.S . Department of Justice, Gannett Co, Court, Southern District of, Thomson Locations: Manhattan, USA, View , California, U.S, Texas, McLean , Virginia, Southern District, Southern District of New York, New York
Their caution follows well-publicized generative AI gaffes at media outlets including CNET and Men’s Journal. Generative AI is a sticking point in some negotiations with the company, the union said. Other news outlets are approaching generative AI with varying levels of commitment and caution. Bloomberg, which competes with Reuters, is developing its own generative AI model, BloombergGPT, which it trained on financial data. The New York Times, Washington Post and Bloomberg declined to provide additional comment on their plans.
Persons: Larry Downing, Renn Turiano, Turiano, , We’re, Paul Bascobert, Nicholas Diakopoulos, Ilana Keller, Gannett, Alessandra Galloni, Miranda Marcus, Marcus, , we’re Organizations: YORK, Gannett, Gannett Co, USA, Gannett Co's, U.S, Reuters, ” Gannett, Northwestern University, CNET, Men’s, USA Today, Journalists, Asbury Park Press, Microsoft, USA Today’s, New York Times, Washington Post, Bloomberg, BBC News Labs Locations: McLean , Virginia, New Jersey, USA, Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's competitors realized it built a better product, says Ark's Brett WintonBrett Winton, Ark Invest's chief futurist, Tim Higgins of WSJ and Bethany McLean of Vanity Fair discuss Ford and GM's decision to adopt Tesla's charging tech. Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Ark's Brett Winton Brett Winton, Ark, Tim Higgins, Bethany McLean, Brian Sullivan, Organizations: Ford, CNBC
Binge eating disorder is the most common eating disorder in the United States. What is binge eating disorder? Binge eating disorder is a relative newcomer in the world of diagnosable mental health conditions; it entered the Diagnostic and Statistical Manual of Mental Disorders, which clinicians and researchers use to classify mental health conditions, 10 years ago this month. But the behaviors of binge eating disorder are distinct, he said. People with binge eating disorder also tend to eat more quickly than usual during an episode; many also eat in secret and grapple with guilt, said Kelly Allison, the director of the Center for Weight and Eating Disorders at the University of Pennsylvania.
Persons: Cynthia Bulik, they’ve, , Timothy Walsh, , ’ ”, Holly Peek, Kelly Allison Organizations: National Institute of Mental Health, University of North Carolina’s Center, Excellence, Disorders, McLean Hospital, Center, University of Pennsylvania Locations: United States, Massachusetts
RuPaul and his husband Georges LeBar wanted to give their 1980s Beverly Hills home a makeover. The "Drag Race" star opened the doors of the "whimsical and fun" home to Architectural Digest. RuPaul told design magazine Architectural Digest that they'd "always loved Martyn's aesthetic, so we trusted him. The performer told Architectural Digest that the home is "meant to be whimsical and fun. See more images in the June issue of Architectural Digest, or click here.
Black Men Don’t Do Therapy. Or So I Thought.
  + stars: | 2023-05-18 | by ( Ismail Muhammad | ) www.nytimes.com   time to read: +4 min
Sitting in a chair next to the record player, I’d play the song over and over and over, listening tearfully. When my favorite TV characters died, I’d mourn them, staying in my feelings for days at a time. Eventually I met a therapist who practiced cognitive behavioral therapy, an approach whose orientation toward problem-solving suited me. I’d learned to register, name and acknowledge my feelings as a way of managing them rather than being overwhelmed. Sadness sneaked up on me as I tried to describe my emotional life to people who I knew loved me but with whom I communicated through a haze of mutual discomfort.
Berkshire acquired 9.92 million shares in Capital One, a stake worth $954 million based on the closing price on March 31, regulatory filings showed on Monday. The bank's shares have shed around 15% since early March as the banking crisis has clobbered shares of U.S. regional lenders. Silicon Valley Bank, Signature Bank, and First Republic Bank are the three banks that have so far collapsed during the current crisis. The KBW Regional Banking Index (.KRX) fell 0.38%. Fed Vice Chair for Supervision Michael Barr said the central bank was "carefully considering" rule changes for larger regional banks, including requiring them to account for unrealized losses on their banks when considering capital levels.
In a four-poster canopy bed — or velvet claw-foot daybed — in the Beverly Hills mansion he shares with husband Georges LeBar. The property is more than worthy of royalty, with grand airy rooms and neoclassical details dressed up in bold colors and maximalist glamour. RuPaul and LeBar bought the European-style estate in 2019, and enlisted interior designer Martyn Lawrence Bullard — a longtime friend — and architect Christopher Hatch McLean to work their magic. RuPaul and Georges LeBar transformed their Beverly Hills estate with the help of interior designer Martyn Lawrence Bullard. Orange is the drag icon's favorite color and appears in velvet, lacquer or painted accents through the home.
May 16 (Reuters) - Shares of Capital One Financial Corp (COF.N) rose in premarket trading on Tuesday after billionaire investor Warren Buffett's holding company disclosed it had taken a stake in the credit cards-focused bank. The bank's stock, which was trading up 7% at $95.37, would open at its highest in more than two weeks, if gains hold. In its quarterly disclosure after the bell on Monday, Berkshire Hathaway (BRKa.N) said it had a 9.92 million share stake in the company. As of Monday, Capital One shares had lost around 8% so far this month, as financial stocks felt the effects of First Republic Bank's collapse. Besides credit cards, the McLean, Virginia-based Capital One also has a huge auto lending and commercial banking business.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwitter benefits people 'but doesn't have a great business behind it', says Deepwater's Gene MunsterBethany McLean, Vanity Fair contributing editor, and Gene Munster, Deepwater Management managing partner, joins CNBC's Julia Boorstin and Last Call to discuss Elon Musk's comments on Twitter, community moderation, and more.
Warren Buffett's Berkshire Hathaway made a slew of changes to its massive equity portfolio last quarter, including adding a financial stock during the latest banking crisis, according to a new regulatory filing. The Omaha-based conglomerate built a new stake in Capital One Financial in the first quarter, worth more than $950 million, the filing showed. Apple, Activision and more Berkshire hiked its two biggest holdings - Apple and Bank of America - slightly in the first quarter. Buffett said at Berkshire annual meeting that "it's not good news when any company passes its dividend, or cuts its dividend dramatically." Outside of top holdings, Berkshire added a small stake - worth about $40 million - in Diageo , a British alcoholic beverage company.
Berkshire invests in Capital One, sheds four stocks
  + stars: | 2023-05-15 | by ( Jonathan Stempel | ) www.reuters.com   time to read: +3 min
Buffett's company made its disclosures in a regulatory filing listing its U.S.-traded stocks as of March 31. Capital One shares rose 5.7% in after-hours trading following Berkshire's disclosure of a 9.92 million share stake worth about $954 million. In Monday's filing, Berkshire also revealed a new $41.3 million stake in Diageo Plc (DGE.L), the maker of alcoholic beverages including Johnnie Walker and Guinness. BERKSHIRE BUYS MORE APPLE, BANK OF AMERICADespite the selling, Berkshire still invests in several financial services companies. Berkshire also has dozens of operating businesses including the BNSF railroad, Geico car insurance, and many energy, manufacturing and consumer units.
Belgrade, Serbia CNN —Serbians are reeling and demanding answers after two mass shootings in less than 48 hours left multiple people dead, with widespread calls for tough action to prevent any further repeat of such tragedies. You could never dream that this would happen here,” Belgrade resident Marko Kovacevic told CNN. “This is the worst thing that happened in Serbia since the bombing in 1999,” another resident, David Stevens, told CNN at a vigil in Belgrade. The murderer had no empathy or remorse,” he told CNN in an interview on Thursday. His deputy, Milan Pašić, told CNN his boss had offered his resignation, but it was not clear if it would be accepted.
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