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☆ William Friedkin, acclaimed 'Exorcist' director, dead at 87
▼ + stars: | 2023-08-07 | by ( Will Dunham | ) www.reuters.com time to read: +5 min

[1/3] Director William Friedkin attends a walking tour around Georgetown that focused on some of the film locations from the original Exorcist in Washington D.C., U.S. April 17, 2018. "The French Connection" won five Academy Awards, including best picture, best director for Friedkin and best actor for Gene Hackman, who Friedkin initially did not want in the memorable role of New York narcotics detective Popeye Doyle. "The Exorcist" was nominated for 10 Academy Awards, including best picture and best director for Friedkin. In "The French Connection," cops played by Hackman and Roy Scheider in the decaying New York City of the early 1970s track a French heroin smuggler. William David Friedkin was born on Aug. 29, 1935, and grew up in Chicago, the son of poor Ukrainian immigrants.

Persons: William Friedkin, Carlos Barria, ", Friedkin, Sonny, Cher, Gene Hackman, Popeye Doyle, Linda Blair, Tom Huddleston, they're, William Petersen, Willem Dafoe, Ashley Judd, Joe, Matthew McConaughey, Billy, Hackman, Roy Scheider, William Peter Blatty's, Blair, Oscar, levitates, Mercedes McCambridge, Al Pacino, Gay, William David Friedkin, Sherry Lansing, Jeanne Moreau, Lesley, Anne Down, Kelly Lange, Will Dunham, Danielle Broadway, Bill Trott, Rosalba O'Brien Organizations: Washington D.C, REUTERS, Creative Artists Agency, Chicago TV, Thomson Locations: Georgetown, Washington, York, L.A, New York City, Chicago, Hollywood, Los Angeles

☆ William Friedkin, director of 'The Exorcist' and 'The French Connection,' dies at 87
▼ + stars: | 2023-08-07 | by ( Daniel Arkin | ) www.cnbc.com time to read: +4 min

William Friedkin, the maverick film director who helped revolutionize 1970s Hollywood with the electrifying, era-defining classics "The French Connection" and "The Exorcist," died Monday, a representative from his office told the Associated Press. Friedkin won an Academy Award for directing "The French Connection," a white-knuckle 1971 crime thriller about a brash New York City narcotics detective played by Gene Hackman. Friedkin got his big break in 1971 with "The French Connection," a smash with audiences and critics alike. "The French Connection" catapulted Friedkin to the top ranks of American filmmakers, putting him in league with other New Hollywood rising stars like Martin Scorsese, Peter Bogdanovich and Francis Ford Coppola. Friedkin leaped from "The French Connection" to "The Exorcist," adapted from William Peter Blatty's novel of the same name.

Persons: William Friedkin, Sherry Lansing, Friedkin's, Friedkin, Gene Hackman, didn't, That's, Satan, Al Pacino, Sonny, Pauline Kael, Martin Scorsese, Peter Bogdanovich, Francis Ford Coppola, William Peter Blatty's, Linda Blair, Ellen Burstyn, Roger Ebert, Joe, —, Kiefer Sutherland Organizations: Associated Press, Paramount Pictures, New, New York, NBC News, Venice Locations: Venice, Italy, New, New York City, L.A, Chicago, Manhattan, Hollywood, New York

☆ William Friedkin, ‘Exorcist’ director, dead at 87
▼ + stars: | 2023-08-07 | by ( Dan Heching | ) edition.cnn.com time to read: +3 min

CNN —William Friedkin, director of iconic 1970s films including “The French Connection” and “The Exorcist,” has died, his wife Sherry Lansing, the former CEO of Paramount Pictures, told The Hollywood Reporter on Monday. Friedkin won the Oscar for best director for “French Connection” in 1972, going on to be nominated for the same trophy again two years later for occult horror “Exorcist,” the genre-defying hit that racked up ten nominations and two statuettes. Curiously, Friedkin once told Cinephilia Beyond that his original intention wasn’t even to make a horror film with “The Exorcist.”“I recognize that audiences for generations have considered it a horror film,” he observed. “I won’t deny that, but when I set out to make it, the writer and I never had any concept of it as a horror film. He is survived by his wife, along with two sons, Jackson and Cedric Friedkin.

Persons: William Friedkin, ”, Sherry Lansing, Friedkin, Oscar, Friedkin’s, —, Al Pacino, Willem Dafoe, Ashley Judd, Michael Shannon, Harry Connick Jr, Tommy Lee Jones, Samuel L, Jackson, Jade, David Caruso, Linda Fiorentino, Amort, Kiefer Sutherland, Jason Clarke, Jake Lacy, William Peter Blatty –, Ellen Burstyn, Cinephilia, Exorcist’s, Stanley Kubrick, Arthur Penn, Mike Nichols, ’ ” Friedkin, Jeanne Moreau, Lesley, Anne Down, Kelly Lange, Lansing, Cedric Friedkin Organizations: CNN, Paramount Pictures, Hollywood, NPR Locations: L.A, ”, French, British

☆ William Friedkin’s Final Film to Premiere at the Venice Film Festival
▼ + stars: | 2023-08-07 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +1 min

Adapted from the Pulitzer Prize-winning novel by Herman Wouk, “The Caine Mutiny Court-Martial” follows the trial of a naval officer (played by Jake Lacy) who is accused of leading a mutiny against his unstable commander (Kiefer Sutherland). The story was first adapted for the 1954 film “The Caine Mutiny,” which was nominated for seven Oscars including best picture. Though that film and Wouk’s novel take place during World War II, Friedkin contemporized the story and relocated the action to the Persian Gulf. “The Caine Mutiny Court-Martial” is Friedkin’s 20th narrative film and his first since 2011’s “Killer Joe,” which starred Matthew McConaughey. In the interim, Friedkin directed a documentary, “The Devil and Father Amorth,” about a purported real-life exorcism.

Persons: William Friedkin, Friedkin, “, ”, Herman Wouk, Jake Lacy, Kiefer Sutherland, Joe, Matthew McConaughey, Amorth Organizations: Paramount, Showtime, Venice Film Locations: Venice, Persian

☆ Why it's so hard to build homes in your neighborhood
▼ + stars: | 2023-08-05 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +12 min

Single-family homes in Arlington, Massachusetts. Around 75% of residential land in the United States is zoned for single-family homes only. This has had the effect of encouraging ever-larger single-family homes and limiting housing options, like smaller houses. “You can’t just do it all with zoning reform,” Walla Walla City Manager Elizabeth Chamberlain told CNN. The second wave of single-family zoning laws spread during the 1970s, historians say, and the policies became more restrictive.

Persons: Suzanne Kreiter, ”, Jenny Schuetz, “, —, Ben McCanna, Joe Biden’s, Richard Kahlenberg, Kathy Hochul’s, Elizabeth Chamberlain, “ It’s, Nancy Kaye, William Fischel, Fischel, Carlos Avila Gonzalez, Yonah Freemark, we’re, ” Freemark Organizations: New, New York CNN, Boston Globe, Brookings Metro, Republicans, Portland Press Herald, Getty Images, ”, CNN, Homes, “, Dartmouth University, Homeowners, San Francisco Chronicle, AP, Pew Charitable Locations: New York, Arlington , Massachusetts, United States, “, Maine, Getty Images Minneapolis, Arlington , Gainesville, Charlotte, Walla Walla , Washington, Oregon , California, Washington , Montana, Connecticut , Arizona, ” Walla Walla City, Cities, Louisville , Kentucky, Flushing , Queens, America, San Francisco, Los Angeles , New York City, Seattle, Chicago , Philadelphia, Portland, Washington, Walnut Creek , California, Minneapolis, Portland , New Rochelle , New York, , Virginia, Towns, Walla, Walla Walla

☆ Appeals court allows Biden asylum restrictions to temporarily stay in place as case plays out
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: +5 min

Patrick T. Fallon | AFP | Getty ImagesAn appeals court Thursday allowed a rule restricting asylum at the southern border to temporarily stay in place. The government had gone quickly to the appeals court asking for the rule to be allowed to remain in use while the larger court battles surrounding its legality play out. The new asylum rule was put in place back in May. The government said the new asylum rule was an important tool to control migration. One of the groups, the American Civil Liberties Union, noted in a news release Thursday that the ruling didn't weigh the legality of the asylum rule and that they were confident they'd ultimately prevail.

Persons: Patrick T, Fallon, Biden, William Fletcher, Richard Paez, Bill Clinton, Judge Lawrence VanDyke, Donald Trump, VanDyke, Trump, David Peinado, they'd, Eiland, John Moore Organizations: Customs, Border Protection, Border Patrol, AFP, Getty, U.S, Appeals, US Border Patrol, Bloomberg, Texas Governor, Texas National Guard, Ciudad Juarez, Anadolu Agency, CBP, American Civil Liberties Union Locations: Rio Grande, Mexico, El Paso , Texas, U.S, Yuma , Arizona, United States, Rio, El Paso Texas, Matamoros , Mexico

☆ Americans' wages are finally outpacing inflation. But could it last?
▼ + stars: | 2023-07-16 | by ( Alicia Wallace | ) edition.cnn.com time to read: +5 min

For more than two years, persistent and pervasive inflation has taken big bites out of Americans’ paychecks. Annual real weekly wages were up 0.6% last month, a rate that’s a tick below the 0.7% gain seen in February 2020. June also marked the second consecutive month of year-over-year real hourly wage growth — the first back-to-back months of gains since early 2021. Fears of a dreaded “wage-price spiral” — when rising wages and prices feed into each other — have made a bogeyman out of wage growth. And finally, supply-side inflation has drastically cooled to the point where annual inflation is practically flat — which, ideally, gives firms more wiggle room to pay workers, she said.

Persons: hasn’t, ’, That’s, ”, William Ferguson, Gertrude B, Austin, it’s, Alex Pelle, “, Sung Won Sohn, Ben Bernanke, ” Pelle, Julia Pollak, they’ve Organizations: Minneapolis CNN, Bureau of Labor Statistics, Grinnell College, stoke, Mizuho Securities, Loyola Marymount University, SS, San Francisco Fed, BLS Locations: Minneapolis, Iowa

☆ A French Festival Focuses (Timidly) on English
▼ + stars: | 2023-07-13 | by ( Laura Cappelle | ) www.nytimes.com time to read: +1 min

As soon as the Portuguese director Tiago Rodrigues took over at the Avignon Festival, France’s biggest theater event, he announced a symbolic move: Under his direction, there would be a special focus on a different language every year, starting, this summer, with English. There was wincing from some quarters: To many in France, English is already far too culturally dominant. Of several dozen productions in the official lineup of this year’s festival, which runs through July 25, only six plays are predominantly in English. So far, however, the most intriguing discovery has been the sole American entry, “Baldwin and Buckley at Cambridge,” from Elevator Repair Service. From tables on opposite sides of the stage, Greig Sargeant (Baldwin) and Ben Williams (Buckley) spar with effective solemnity.

Persons: Tiago Rodrigues, hasn’t, Tim Etchells, Alexander Zeldin, “ Baldwin, Buckley, James Baldwin, William F, Buckley Jr, Greig Sargeant, Baldwin, Ben Williams Organizations: Avignon, France’s, Royal Court, Cambridge, Repair Service Locations: Portuguese, France, Avignon, British, ”, United States

MOSCOW, July 12 (Reuters) - Russia is decaying in a potent brew of absurdity and repression that is comparable to the Leonid Brezhnev-era of the Soviet Union, Oleg Orlov, one of the Russia's most respected human rights campaigners, told Reuters. One of the leaders of the Memorial rights group, which won a share of the Nobel Peace Prize in 2022 a year after being banned and dissolved in Russia, Orlov stood by his articles and cast Russia as a country gripped by the demons of history. "Russia is going backwards," Orlov told Reuters in his Moscow flat over a glass of the traditional fermented kvas. "For Putin, war is his political technology," Orlov said. Current Russian levels of repression, he said, could be compared to the Brezhnev era of the Soviet Union after the arrest of writers Andrei Sinyavsky and Yuli Daniel in 1965.

Persons: Leonid Brezhnev, Oleg Orlov, Orlov, Wagner, Russia, Vladimir Putin's, Putin, Brezhnev, Andrei Sinyavsky, Yuli Daniel, unpatriotic, Aleksandr Solzhenitsyn's, William Faulkner, Fyodor Dostoevsky's, Tatiana, Guy Faulconbridge, Filipp Lebedev, Nick Macfie Organizations: Reuters, Memorial, Solidarity, West, Thomson Locations: MOSCOW, Russia, Soviet Union, Moscow, Ukraine, Soviet, Afghanistan, Chechen, Russian, Tbilisi

☆ US inflation cooled in June for the 12th straight month
▼ + stars: | 2023-07-12 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

US annual inflation slowed to 3% last month, according to the latest Consumer Price Index released Wednesday by the Bureau of Labor Statistics. The June annual rate is down from 4% in May and landed slightly below economists’ expectations for a 3.1% increase, according to Refinitiv. Starting in March 2022, the central bank rolled out 10 consecutive interest rate hikes to tame inflation, finally hitting pause last month. And June of last year was monumental: Annual inflation soared to 9.1%, the highest in more than 40 years largely because of record-high energy costs. So the Fed and economists have been keyed in on what’s happening with core inflation, particularly core services.

Persons: Olivia Newton, ” William Ferguson, “, Joe Biden, ” Sung Won Sohn, Lael Brainard, ” Brainard, Brainard, ” Julia Pollak, ZipRecruiter, Sohn, ”, —, Nicole Goodkind Organizations: Minneapolis CNN, Bureau of Labor Statistics, CPI, Grinnell College, CNN, Federal Reserve, Loyola Marymount University, SS Economics, Core PCE, National Economic Council, Economic, of New, BLS, Kansas City Fed Locations: Minneapolis, Iowa, of New York

MONTPELIER, Vermont, July 11 (Reuters) - A Vermont reservoir threatened to overwhelm a dam protecting the state's capital on Tuesday and exacerbate "catastrophic" flooding that has already shut roadways leading out of town and trapped people in their homes. The North Branch converges with a second, larger branch of the Winooski near the Vermont statehouse. "Make no mistake, the devastation and flooding we're experiencing across Vermont is historic and catastrophic," Vermont Governor Phil Scott said at a briefing Tuesday. [1/8]People paddle a kayak down a street flooded by recent rain storms in Montpelier, Vermont, U.S., July 11, 2023. The city's topography - bordered by hills with the downtown in a valley - increases the potential for flooding, Montpelier City Council member Conor Casey said.

Persons: Phil Scott, William Fraser, Brian Snyder, Jack McCullough, McCullough, Mike Cannon, Irene, Conor Casey, Casey, Janet Boyd, Boyd, Brendan O'Brien, Rich McKay, Rachel Nostrant, Daniel Trotta, Devika Syamnath, Bill Berkrot, Sandra Maler Organizations: Branch, National Weather Service, Vermont statehouse, REUTERS, CNN, Thomson Locations: MONTPELIER , Vermont, Vermont, Montpelier, United States, Florida , Texas, California, U.S, New York , Massachusetts, Connecticut, Montpelier City, Montpelier , Vermont, New England, Wilmington , Vermont, Chicago, Atlanta

☆ Prigozhin might want to 'steer clear of any upper floor windows' for now, says military expert: 'When you strike at a king, you must kill him'
▼ + stars: | 2023-06-26 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

A military expert says Wagner boss Yevgeny Prigozhin "may want to steer clear" of windows. Wechsler added that Prigozhin should remember: "When you strike at a king, you must kill him." Two critics of Putin's war in Ukraine have died in the last year after falling from building windows. He came to an agreement because Putin has long been his patron, not his adversary — the Russian military elite is his adversary," Wechsler told Insider. "In the end, Putin and Prigozhin avoided the kind of conflict that would have risked each or both of them losing everything, but the resulting agreement has diminished them both.

Persons: Wagner, Yevgeny Prigozhin, Wechsler, —, Yevgeny Prigozhin's, Ralph Waldo Emerson's, William F, Prigozhin, Obama, Vladimir Putin, Pavel Antov, Antov, Ravil Maganov, Maganov's, Putin, " Wechsler Organizations: Service, Wagner Group, Rafik Hariri Center and Middle, Atlantic Council, Associated Press, Russian Defense Ministry, BBC, Russian Locations: Rafik, Moscow, Belarus, Ukraine, India, Russia

☆ A brand new dinosaur species with spiky armor was recently discovered to have roamed England during the Cretaceous period
▼ + stars: | 2023-06-20 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +3 min

A new species of dinosaur, Vectipelta barretti, was discovered on England's Isle of Wight. The new species is an ankylosaur, with dorsal armor made up of plates, spikes, and curved spines. Researchers will have to examine other ankylosaur fossils to see if they belong to the new species. But the newly-discovered species, Vectipelta, is thought to have been between 6 and 8 million years older than Polacanthus and has a few anatomical differences. Since 2019, at least four other new dinosaur species have been discovered there and scientists aren't holding back with some of the names.

Persons: barretti, —, Vectipelta, Polacanthus, we've, Stuart Pond, Ankylosaurs, William Fox, ankylosaurs, Ceratosuchops inferodios Organizations: Service, Privacy, Scientists, CNN Locations: Isle of Wight, England's Isle of Wight, China, Asia, Europe

☆ A Guide to Cormac McCarthy’s Books
▼ + stars: | 2023-06-13 | by ( The New York Times Books Staff | ) www.nytimes.com time to read: +1 min

Cormac McCarthy, who died on Tuesday at the age of 89, was renowned for stark and violent novels of the American South and West that were distinguished by a merciless vision and nearly biblical prose. Jerome Charyn’s description of “Suttree,” in The Times’s 1979 review, could well be about any of McCarthy’s novels. “It is personal and tough, without that boring neatness and desire for resolution that you can get in any well-made novel. Cormac McCarthy has little mercy to spare, for his characters or himself. … ‘Suttree’ is like a good, long scream in the ear.”These seven novels comprise the best of McCarthy’s work.

Persons: Cormac McCarthy, William Faulkner, Mark Twain, Jerome Charyn’s, “, Charyn, … Locations: American, West

☆ Cormac McCarthy, Pulitzer-winning novelist known for apocalyptic Westerns, dies at 89
▼ + stars: | 2023-06-13 | by ( Daniel Arkin | ) www.cnbc.com time to read: +4 min

NEW YORK - NOVEMBER 16: Writer Cormac McCarthy attends the premiere of "The Road" at Clearview Chelsea Cinemas on November 16, 2009 in New York City. McCarthy's death was announced in a statement by his publisher, Penguin Random House. "Cormac McCarthy changed the course of literature," Nihar Malaviya, the CEO of Penguin Random House, said in a statement. Two novels published in the 2000s — "No Country for Old Men" and "The Road" — drew wide acclaim and found favor in Hollywood. McCarthy published his final two novels in 2022: "The Passenger" and "Stella Maris," interconnected narratives that grappled with morality, science and faith.

Persons: Cormac McCarthy, Jim Spellman, WireImage, Pulitzer, John McCarthy —, McCarthy, Olivetti Underwood, Malaviya, James Wood, King James Bible, Melville, Conrad, Faulkner, Charles Joseph McCarthy Jr, Albert Erskine, William Faulkner, James Joyce, —, Joel, Ethan Coen, Viggo Mortensen, Stella Maris Organizations: Chelsea Cinemas, Penguin Random, Yorker, The New York Times, University of Tennessee, Random, Penguin Locations: New York City, Santa Fe , New Mexico, American, Providence , Rhode Island, Knoxville , Tennessee, Hollywood

☆ Cormac McCarthy, dark genius of American literature, dead at 89
▼ + stars: | 2023-06-13 | by ( Rosalba O'Brien | ) www.reuters.com time to read: +5 min

The book was made into a movie - as were 2005's "No Country for Old Men" and 2006's Pulitzer Prize-winning "The Road." He granted a rare exception for Oprah Winfrey in 2007, telling her: "I don't think (interviews) are good for your head. In a statement, Nihar Malaviya, CEO of Penguin Random House, said, "Cormac McCarthy changed the course of literature. McCarthy was married three times, divorcing his third wife Jennifer Winkley in 2006. Writing by Rosalba O'Brien; additional reporting by Joseph Ax; editing by Diane Craft and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Cormac McCarthy, McCarthy, Ernest Hemingway, William Faulkner, John McCarthy, Little, Oprah Winfrey, God, Charles Joseph McCarthy Jr, Cormac, Lee Holleman, Anne DeLisle, Faulkner's, Joel, Ethan Coen, Stella Maris, Nihar Malaviya, Jennifer Winkley, Cullen, John, Rosalba O'Brien, Joseph Ax, Diane Craft, Jonathan Oatis Organizations: YORK, Penguin Random, New York Times, Air Force, Thomson Locations: American, Santa Fe , New Mexico, Providence , Rhode Island, Tennessee, America, Europe, Knoxville , Tennessee, El Paso , Texas, Santa Fe, Texas

CNN —It’s all systems go for Prince William’s Earthshot Prize lately. Now we’re hearing about a new partnership between the Prince of Wales’ initiative and online video platform YouTube. But away from the glitzy awards ceremony, some have wondered about the real-world impact of innovation prizes like Prince William’s. “Not only because of Prince William but the full Earthshot team that is there in order to support all the finalists. And I think it’s incredibly helpful to share some of the challenges that we have found along the way.”In recent weeks, Prince William even dropped by Notpla’s headquarters in northeast London.

Persons: CNN —, Prince William’s Earthshot, Prince, Prince William’s, William, Prince Philip, King Charles III ., Wales, Alex Bramall, Charles, Prince of Wales, King, Rodrigo Garcia Gonzalez, Gonzalez, Pierre Paslier, ” Gonzalez, “, Notpla’s, ” William, Jonathan Brady, Prince William, “ It’s, Kin Cheung, William “, David Attenborough, Annie Randall, King Charles, ”, couldn’t, Buckingham, Duke, “ He’s Organizations: CNN’s Royal, CNN, London, Imperial College London, Windsor, Getty Locations: Singapore, Wales, Kensington, Boston, United Kingdom, London, Cornwall, It’s

"The risk of a downgrade is exacerbated every time Congress flirts with the debt ceiling," said Calvin Norris, Portfolio Manager & US Rates Strategist at Aegon Asset Management, who sees another downgrade as still a risk. Economic damage from the 2011 and 2013 debt ceiling battles had a chilling impact. Rating agency Fitch and other smaller agencies recently placed the U.S. credit rating under review. Reuters GraphicsCASCADE EFFECTInvestors use credit ratings as one of the metrics to assess the risk profiles of governments and companies. In the 2013 debt ceiling crisis the legislative standoff did not cause a rating downgrade, although Fitch placed its rating under review.

Persons: Kevin McCarthy, Joe Biden, Leah Millis, Calvin Norris, Wendy Edelberg, Edelberg, Fitch, William Foster, ”, Andy Sparks, Olivier d'Assier, Peter Crane, MSCI's Sparks, Davide Barbuscia, Megan Davies, Nick Zieminski Organizations: U.S, White, REUTERS, Senate, Republicans, Aegon Asset Management, AAA, Government, Office, The, Brookings Institution, Moody's, Moody’s Investors Service, Applied Research, Crane, Treasury, Thomson Locations: Washington , U.S, U.S, United States, Washington, APAC, Qontigo

☆ How Elizabeth Holmes convinced powerful men like Henry Kissinger, James Mattis, and George Shultz to sit on the board of Theranos
▼ + stars: | 2023-06-02 | by ( Lydia Ramsey Pflanzer | ) www.businessinsider.com time to read: +6 min

The reporters spoke with board members, who explained why they backed founder Elizabeth Holmes. Holmes' board going into the scandal included an unusual roster of names for a healthcare startup, with leaders who had more experience in politics and government than healthcare. For the most part, the board members seemed to be taken by Holmes and her vision. "Secretary Mattis was struck by the promise of technology and was looking for any technology solution to save lives on the battlefield," White said. Auletta in the documentary said the board members spoke about Holmes as if she were a visionary.

Persons: Theranos, Alex Gibney, Elizabeth Holmes, Holmes, John Carreyrou, Sunny Balwani, Balwani, George Shultz, Shultz, Gary Roughead, William Perry, Sam Nunn, James Mattis, Donald Trump's, Richard Kovacevich, Wells Fargo Henry Kissinger, William Frist, William H, Foege, Riley, Bechtel, Kissinger, Mattis, Ken Auletta, David Boies, Auletta, Axios, Dana White, White, Beethoven, Roger Parloff, he's, Parloff Organizations: Morning, Food and Drug Administration, Wall Street, US, US Marine Corps, Centers for Disease Control, Bechtel Group Inc, New, Mattis, Theranos, Securities and Exchange Commission, Fortune Locations: Texas, California, Silicon Valley

☆ William E. Flaherty, Builder of Zinc Empire, Dies at Age 90
▼ + stars: | 2023-05-28 | by ( James R. Hagerty | ) www.wsj.com time to read: 1 min

William Flaherty was the youngest of five children of immigrants from Ireland. Photo: Flaherty FamilyWhen Gulf & Western Industries, the owner of Paramount Pictures, wanted to put more of its focus on Hollywood in the early 1980s, William E. Flaherty was eager to buy one of the less-glamorous parts of Charles Bluhdorn’s conglomerate: a processor of zinc. The deal was an early example of the 1980s wave of leveraged buyouts.

☆ My Apartment Is Infested With Bugs. How Do I Make My Landlord Fix It?
▼ + stars: | 2023-05-27 | by ( Ronda Kaysen | ) www.nytimes.com time to read: 1 min

It’s possible your latest request was routed to the wrong city agency (this should be handled by the Department of Housing Preservation and Development), or you missed a call from an inspector. “There is no harm in filing multiple complaints,” said William Fowler, an HPD spokesman. While your 311 calls work their way through the system, you can file what is known as an HP proceeding in housing court. This will bring your complaint before a judge, who can order the landlord to correct the problem. You don’t need a lawyer to file a housing court case.

Wells Fargo has operated since 2018 under consent orders from the Federal Reserve and two other financial regulators requiring that it improve governance and oversight. The San Francisco-based bank denied wrongdoing, and settled to eliminate the burden and cost of litigation, court papers show. "While we disagree with the allegations in this case, we are pleased to have resolved this matter," Wells Fargo said in a statement on Tuesday. Wells Fargo has since 2016 paid or set aside several billion dollars to resolve regulatory probes and litigation over its business practices. The case is In re Wells Fargo & Co Securities Litigation, U.S. District Court, Southern District of New York, No.

☆ Wells Fargo reaches $1 bln settlement with shareholders over recovery from scandals
▼ + stars: | 2023-05-16 | by ( ) edition.cnn.com time to read: +2 min

Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers. Wells Fargo (WFC) has operated since 2018 under consent orders from the Federal Reserve and two other financial regulators requiring that it improve governance and oversight. Wells Fargo did not immediately respond to requests for comment outside business hours. The San Francisco-based bank denied wrongdoing, and settled to eliminate the burden and expense of litigation, court papers show. Wells Fargo has since 2016 paid or set aside several billion dollars to resolve regulatory probes and litigation concerning its business practices.

☆ We expect the U.S. government to pay its debt, says Moody's William Foster
▼ + stars: | 2023-05-10 | 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 EmailWe expect the U.S. government to pay its debt, says Moody's William FosterWilliam Foster, Moody's Investors Service senior vice president, joins 'Fast Money' to discuss the looming debt ceiling deadline and what a downgrade on the U.S. economy could look like.

☆ How Strong Is the Economy?
▼ + stars: | 2023-04-24 | by ( David Leonhardt | ) www.nytimes.com time to read: +4 min

Conservatives sometimes respond to this data by trying to separate the economy from the rest of society. But I think it’s a mistake to imagine that the economy is somehow distinct from living standards. To over-generalize only somewhat, blue America believes in NIMBYism (“not in my backyard”), while red America is more comfortable with YIMBYism. That combination helps explain why our economy looks so good by some measures and so bad by others. Liberals have been hobbling government and the economy, Nicholas Bagley of the University of Michigan explained on Ezra Klein’s podcast.

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