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Three new "war rooms" have sprung up in the past two weeks to combat the House Republican investigations, each backed by multimillion-dollar dark money budgets and some of the best-known operatives in the Democratic Party. Every White House has faced congressional investigations. The White House itself has been preparing for months for the barrage of inquiries, adding both legal and public relations firepower to the White House Counsel’s Office, which is quarterbacking its effort, and encouraging federal agencies to take similar moves. And the White House prefers to stay above the political fray, anyway. I also think it’s the story of Joe Biden as an empathetic father.”
Cameron Crowe Had a Front-Row Seat for 1970s Rock
  + stars: | 2022-11-11 | by ( Alan Paul | ) www.wsj.com   time to read: 1 min
Cameron Crowe was one of rock’s top journalists before he had a driver’s license, a 16-year-old traveling the country with groups like the Allman Brothers Band and writing cover stories for Rolling Stone magazine. Yet the prodigy grew up in a San Diego house where listening to rock and roll was forbidden. Mr. Crowe’s mother Alice felt so strongly about the music’s lack of redeeming value that she wrote a letter to NBC complaining about Simon and Garfunkel performing “The 59th Street Bridge Song (Feelin’ Groovy)” on “The Smothers Brothers Comedy Hour.”How did she handle her son’s immersion in a world she had tried so hard to keep him away from? “I think she got a big kick out of it,” Mr. Crowe says. “She was a teacher, and she felt that she taught me well enough to write from my heart.
New York CNN Business —Stocks surged on Thursday in their best day since 2020 after a key inflation indicator came in softer than expected. Investors broke out their party hats as they interpreted the report to mean that peak inflation may finally be behind us. Crypto-advocates were hoping that rising interest and inflation rates would drive investors away from the dollar and into alternative assets like gold and Bitcoin. Then, central banks started raising rates to fight inflation, and the dollar strengthened significantly, seducing investors as the ultimate safe haven. Mortgage rates have risen throughout most of 2022, spurred by the Federal Reserve’s regime of interest rate hikes.
Chris Rock will be the first comedian to air a live streaming special on Netflix, the company has announced. Rock previously collaborated with Netflix on the comedy special “Tamborine” in 2018. “Chris Rock is one of the most iconic and important comedic voices of our generation,” said Robbie Praw, Netflix’s vice president of stand-up and comedy formats. “We’re thrilled the entire world will be able to experience a live Chris Rock comedy event and be a part of Netflix history. This will be the first significant test of live streaming on Netflix, potentially opening the door for a number of its other programs to get the live treatment.
Nov 10 (Reuters) - Netflix Inc (NFLX.O) said on Thursday that comedian Chris Rock will be the first artist to perform live on the streaming platform. This will be Rock's second Netflix stand-up special following “Chris Rock: Tamborine” in 2018. "I’ll get to it eventually, on Netflix.”The streaming platform said it will give more details about the live Rock event later. “Chris Rock is one of the most iconic and important comedic voices of our generation,” said Robbie Praw, Netflix vice president of stand-up and comedy formats. “We're thrilled the entire world will be able to experience a live Chris Rock comedy event and be a part of Netflix history.
CNN —Chris Rock is coming live to a screen near you. Netflix announced Thursday that the legendary comedian will make history as the headliner of the streaming giant’s first-ever live, global streaming event. “We’re thrilled the entire world will be able to experience a live Chris Rock comedy event and be a part of Netflix history. Though this will be Netflix’s first time streaming one, it is no stranger to live comedy events. Rock’s live Netflix comedy special is set to stream in early 2023.
Conscious capitalism falls behind in the polls
  + stars: | 2022-11-04 | by ( John Foley | ) www.reuters.com   time to read: +5 min
NEW YORK, Nov 4 (Reuters Breakingviews) - As America heads to the polls on Tuesday, and the political climate gets more acrimonious, powerful companies have two choices. Their bid to avoid unwanted attention comes with a cost, because the alternative to conscious capitalism isn’t democracy but apathy. BlackRock affirmed its commitment on Thursday to letting individual customers vote shares in companies at annual meetings, rather than BlackRock voting on their behalf. Ron DeSantis, the governor of Florida, has taken aim at “woke” capitalism by barring state pension funds from investing based on non-pecuniary goals. From the other side, New York’s City comptroller is “reassessing” its relationship with Fink’s firm because BlackRock isn’t being progressive enough.
Carlyle's David Rubenstein on how to invest now
  + stars: | 2022-10-31 | by ( Chris Taylor | ) www.reuters.com   time to read: +5 min
It may have been drawn up under England's King John, but these days it belongs to David M. Rubenstein. To learn how Rubenstein amassed those kind of resources, look no further than his new book, “How To Invest: Masters on the Craft." At that time, there was not a whole lot of investing going on, with his father working a blue-collar existence for the Post Office, living paycheck-to-paycheck. Nevertheless, Rubenstein seems to have done alright, with a net worth currently estimated by Forbes at $3.2 billion. RUBENSTEIN'S ADVICE TO INVESTORS BIG AND SMALLWhen it comes to philanthropy, Rubenstein takes a surprisingly hands-on approach – no foundation, no staff, just him.
CNN —The girlfriend of slain rapper PnB Rock says she’s “100% not ok.”In an Instagram post Thursday, Stephanie Sibounheuang talked about the shooting attack last month that claimed the life of the 30-year-old rapper. “My man saved my life, Throwing me under that table. I am,” she wrote in the caption of a video showing special moments between the couple. The rapper was gunned down during an attempted robbery while the pair were dining together. No matter how rich u are, how famous u are, how spiritual u are.
Overall net inflows were positive in the quarter, with long-term net inflows of $65 billion, as momentum from ETFs offset the hit from retail clients withdrawing about $5 billion. Net inflows into ETFs were about $22 billion in the quarter, boosted by $37 billion of flows in bond ETFs. "We saw $37 billion of net inflows into bond ETFs, which is the second best quarter we've had in history ... Net income fell to $1.4 billion, or $9.25 per share, for the three months ended Sept. 30, from $1.68 billion, or $10.89 per share, a year earlier. Fink said BlackRock has about 20% of the LDI market in the U.K., or about $250 billion.
NEW YORK, Oct 11 (Reuters) - Some U.S. corporate bond indicators have hit or are approaching new lows this week as a rout in the UK bond market and U.S. inflation worries slammed global debt valuations. BlackRock’s iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD.P) - a major exchange-traded fund tracking the U.S. investment-grade corporate bond market - fell to a low of $101.05 on Tuesday, its lowest since 2009. Its high-yield counterpart, BlackRock’s iShares iBoxx $ High Yield Corporate Bond ETF (HYG.P) fell to $70.92 on Monday, just a few cents away from hitting a new low since March 2020. Register now for FREE unlimited access to Reuters.com RegisterLong-dated U.S. treasury yields, which move inversely to prices and tend to sway other debt markets, on Tuesday shot to multi-year highs, with a sharp sell-off in the UK bond market contributing to widespread market volatility. The Bank of England said it would buy up to 5 billion pounds of inflation-linked debt per day, starting on Tuesday, until the end of this week in an effort to stem the bond market collapse.
An arrest was made Tuesday in this month’s fatal shooting of rapper PnB Rock during a robbery at a restaurant in South Los Angeles. The shooter robbed PnB Rock, making off with multiple items, the officials said. Detectives made an arrest Tuesday as they pursued at least two people in the slaying, multiple law enforcement sources told NBC Los Angeles. Representatives of the Los Angeles County district attorney’s office also did not immediately respond. “PnB Rock was more than an artist.
A DART view of the Dimorphos asteroid right before impact. NASA via YouTubeThe DART spacecraft, which is about the size of a vending machine, crashed into Dimorphos at 7:14 p.m. "Oh my goodness," said Elena Adams, a DART mission systems engineer at the Johns Hopkins University Applied Physics Laboratory. The DART mission is functioning as a proof of concept of asteroid deflection as a planetary defense strategy. Betts said he hopes the DART mission will continue to raise awareness about the importance of planetary defense.
But despite covering more than 70% of the Earth’s surface, the ocean is still a relative mystery. While working at NASA, he developed technology to power ocean robots by harnessing “the naturally occurring temperature difference” of the sea, Chao told CNN Business. This dives a kilometer down to examine the chemistry and shape of the seabed, using sonar to create a map of the surrounding area. Attaching Seatrec’s energy system adds another $25,000, Chao said. “Unlike mapping the Earth’s surface where we can use a camera [or] satellites, at sea, light does not penetrate through the water column.
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