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Atlanta CNN —Former White House chief of staff Mark Meadows rolled the dice on Monday with his opening move in the sprawling Fulton County election subversion trial: he took the stand himself. If the judge agrees, the trial could end up moving from state court to federal court, a more advantageous legal spot for Meadows. The former chief of staff also grew somewhat exasperated as the prosecutor questioned why his role would include setting up a call to settle private litigation. “There is a role for the chief of staff to make sure those campaign goals and objectives are implemented at the federal level,” Meadows argued. Meadows quipped, “I can’t imagine I would be chief of staff for President Biden.”

Persons: Mark Meadows, Meadows, Donald Trump, Joe Biden, Fani Willis, Trump, it’s, ” J, Tom Morgan, “ I’m, Jack, Steve Jones, Jones, Barack Obama, Monday’s, ” Jones, CNN Meadows, wasn’t, Willis, Brad Raffensperger, Trump’s, “, ” Meadows, George Terwilliger, ” Terwilliger, John McEntee, William Barr, ”, Barr’s, Biden Organizations: Atlanta CNN — Former White House, White, Meadows, US, CNN, Georgia, Trump, Trump White House Locations: Fulton County, Meadows, Atlanta, DeKalb County , Georgia, Fulton, Cobb County , Georgia, United States, ”, Lafayette Park, Georgia

☆ PrEPVacc: HIV vaccine trial that could be ‘the last roll of the dice’ this decade is underway
▼ + stars: | 2023-08-28 | by ( Tom Page | Thomas Page | ) edition.cnn.com time to read: +24 min

CNN —A novel trial that has been described as “the last roll of the dice” for a generation of HIV vaccines has entered its latter stages. Nearly 40 years since HIV was identified as the cause of AIDS, and 36 years since the first HIV vaccine trial, the medical community still does not have a working vaccine. But that is not necessarily why they were chosen to participate, said Eugene Ruzagira, PrEPVacc trial director. Evaluating the combination of a trial HIV vaccine and PrEP is a first, say organizers. “I did my very first HIV vaccine trial in 1991,” recalled Weber.

Persons: PrEPVacc, ”, Jonathan Weber, Frank, Helena Herholdt, Eugene Ruzagira, Ruzagira, “, Weber, ” Ruzagira, “ We’ve, Mark Runnacles, Edward Jenner, Louis Pasteur, Galileo, Win McNamee, Humphry Davy, JEAN, SEBASTIEN EVRARD, Haydn West, Joe Raedle, ANNE, CHRISTINE POUJOULAT, Alexander Fleming, Fleming, wasn't, Louise Joy Brown, Sandy Huffaker, Daniel Acker, James Watson, Francis Crick, Rosalind Franklin, Watson, Crick, Raphael GAILLARDE, Sean Gallup, Wilhelm Conrad Röntgen, Thomas Edison's, INDRANIL MUKHERJEE, Descovy, Luwano Geofrey, Dr, Luke Dray, Geofrey, Nishanta Singh, Sharon Lewin, Lewin, “ it’s, it’s, ” Lewin, ” Geofrey Organizations: CNN, Imperial College Academic Health Science Centre, PrEPVacc, Medical Research, Uganda Virus Research Institute, European Union, Smithsonian National Museum of, Cleveland Clinic, Volvo, Bayer, U.S . Food, Drug Administration, Getty, Keystone, — Farmers, Food and Drug Administration, FDA, Bloomberg, PANTHAKY, PrEP, US Centers for Disease Control, Independent, The University of Melbourne, International AIDS Society, Muhimbili University of Health, Allied Sciences, Dar Locations: Entebbe, Uganda, Thailand, London, Mbeya, Tanzania, South Africa, Ugandan, Durban, Masaka, Salam, African, Africa, China, FPG, AFP, United States, America, U.S, Peoria , Illinois, Europe, “, Dar es Salaam, Rwanda

☆ Linda Yaccarino, Elon Musk, and the most difficult CEO job on earth
▼ + stars: | 2023-08-28 | by ( Kali Hays | Lara O'Reilly | ) www.businessinsider.com time to read: +12 min

Linda Yaccarino is tasked with fixing a product that Elon Musk seems to have intentionally broken. Linda Yaccarino had been on the job for only about a month when Musk dropped the weekend X bomb. Some X employees said they see Yaccarino as a CEO in name only. "She was clearly on message with talking points that built a case for reappraisal," said a longtime ad industry executive. "Linda says nothing"Yaccarino has also struggled to rally X employees in other ways.

Persons: Linda Yaccarino, Elon Musk, adieu, Musk, Yaccarino, Rebecca Blackwell, She's, Elon, Matt Navarra, Gwynne Shotwell, Dia Dipasupil, hadn't, Navarra, she's, Linda Yaccarino Isaac Brekken, execs, Adolf Hitler, Linda, they've, he's Organizations: Employees, AP, Twitter, SpaceX, X, Penske Media, Getty, General Motors, CNBC, X's New, PGA Tour, San, YouTube, Facebook Locations: San Francisco , New York, LA, Miami Beach, Fla, New York City, X's New York, New York, San Francisco

☆ Klopp praises fired-up Nunez after Liverpool comeback victory
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +2 min

The 24-year-old Uruguayan has been out of favour so far this season, but his late brace against the Magpies showcased the best of his qualities and he will get more chances, Klopp told Sky Sports. "Definitely, a striker scores two goals and you can see he gets a smile on his face, and rightly so. But for the team, it was super-important that they got something like that, you need these kinds of things to grow together," Klopp added. Back-to-back single-goal defeats to Manchester City and Liverpool will leave Newcastle playing catch-up in the league, and manager Eddie Howe said it will be a challenge to pick his players up again. The two we lost were lost by the narrowest of margins, and they were against the best two teams in the Premier League," he added.

Persons: Juergen Klopp, Darwin Nunez, Liverpool, Klopp, Virgil van Dijk, Alexander Isak, Luis Diaz, Joe Gomez, Nunez, Eddie Howe, Howe, we've, Philip O'Connor, Toby Davis Organizations: Newcastle United, Magpies, Sky Sports, Liverpool, Reds, Manchester City, Newcastle, Premier League, Thomson Locations: NEWCASTLE, England, Uruguayan, Liverpool

☆ Quebec, Canada wildfires made twice as likely through climate change
▼ + stars: | 2023-08-22 | by ( Laura Paddison | ) edition.cnn.com time to read: +6 min

The severity of Quebec’s fire season up to the end of July was also made 50% more intense by climate change, according to the report. French firefighters try to extinguish wildfires at Lac Larouche in Quebec, Canada, on June 28, 2023. It is by far the worst wildfire season Canada has ever experienced, and there are still more than two months left to go. They then used climate models to understand the role climate change played. Climate change also made the peak fire weather in Quebec during the same period at least twice as likely and 20% more intense, according to the report.

Persons: Friederike Otto, It’s, ”, Clair Barnes, Emma UIISC7, David Dee Delgado, “, James MacDonald, Kira Hoffman, ” Hoffman, Michael Flannigan, Otto Organizations: CNN, WWA, Grantham Institute, Anadolu Agency, Getty, Canada, Bloomberg, University of British, Research, “, Predictive Services, Emergency Management, Thompson Rivers University Locations: Canada, Quebec, Illinois, Canadian, Western Europe, Bronx, New York City, Northwest Territories, Yellowknife, British Columbia, Cameron, Port Alberni , British Columbia, University of British Columbia

☆ Opinion | Elections Are Bad for Democracy
▼ + stars: | 2023-08-21 | by ( Adam Grant | ) www.nytimes.com time to read: +2 min

In a study of elections worldwide, candidates who were rated by experts as having high psychopathy scores actually did better at the ballot box. In the United States, presidents assessed as having psychopathic and narcissistic tendencies were more persuasive with the public than their peers. A common explanation is that they’re masters of fearless dominance and superficial charm, and we mistake their confidence for competence. Sadly, it starts early: Even kids who display narcissistic personality traits get more leadership nominations and claim to be better leaders. Eliminate voting, and candidates with dark triad traits would be less likely than they are now to rise to the top.

Persons: Putin, there’s, Lincoln, They’re Locations: United States

☆ Here's more evidence that it's really hard to make money picking stocks
▼ + stars: | 2023-08-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +9 min

And only a handful of stocks have accounted for the bulk of wealth creation in the stock market in the last 30 years. The good news: U.S. companies are far and away the biggest drivers of stock wealth creation in the last 30 years. Stock market wealth is highly concentrated How can this be? Just five stocks accounted for 10% of global net stock market wealth creation over 31 years. The reason, as this paper demonstrates, is that stock returns are not normally distributed over time.

Persons: Hendrik Bessembinder, Johnson, Roche, Kwiechow, Tencent, Tesla, Nicholas Colas, Larry Swedroe, Swedroe, Colas Organizations: Global, CFA, Treasury, Microsoft, Apple, Walmart, Facebook, Samsung, Johnson, Taiwan Semiconductor, Nestle, U.S, DataTrek Research, Strategic, New York Stock Exchange Locations: United States, U.S, China

☆ Forget the six-figure UPS gig. You can make $180,000 at In-N-Out, writes burger heiress Lynsi Snyder in her new book.
▼ + stars: | 2023-08-17 | by ( Nancy Luna | ) www.businessinsider.com time to read: +5 min

In-N-Out owner Lynsi Snyder reveals new details about the chain in her book set to be released in October. "He knew that to develop loyal helpers, he needed to provide them with promotions, more responsibility, and more pay," Snyder wrote. In the book, Lynsi Snyder describes how employees are rewarded, from entry-level cashiers to six-figure salary managers. Once employees learn these early tasks, they can be "trusted with our burgers," Lynsi Snyder wrote. Lynsi Snyder, 41, inherited control of the family business in 2017 and became one of the youngest billionaires in the US.

Persons: Lynsi Snyder, Snyder, That's, Harry, Esther Snyder, Harry Snyder, wouldn't Organizations: Service, Bureau of Labor Statistics, Produce, Employees Locations: Wall, Silicon, Chipotle, Southern California, — Texas, Oregon, Colorado

☆ AI Scams, Spam, Hacking, Are Ruining the Internet
▼ + stars: | 2023-08-08 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +14 min

A report from Europol expects a mind-blowing 90% of internet content to be AI-generated in a few years. A report from Europol, the European Union's law-enforcement agency, expects a mind-blowing 90% of internet content to be AI-generated in a few years. And while AI bots have telltale signs now, experts indicate that they will soon get better at mimicking humans and evading the detection systems developed by Menczer and social networks. While misinformation has long been a problem with the internet, AI is going to blow our old problems out of the water. But security researchers have discovered that the AI bots in your apps and devices might steal sensitive information for the hackers.

Persons: HBO Max, haven't, ChatGPT, Christian Selig, Reddit, Martijn Pieters, He'd, NewsGuard, Gordon Crovitz, NewsGuard's, Filippo Menczer, NewsGuard's Crovitz, Christopher Cowell, Cowell, John Licato, Bing, Florian Tramèr, Toby Walsh, Walsh, Shubham Agarwal Organizations: HBO, Europol, Market, Indiana University's Observatory, Social Media, Facebook, Microsoft, Google, University of South, ETH Zürich, University of New, University of Oxford, Wired, Company Locations: Cambridge, Europol, Portland , Oregon, Etsy, University of South Florida, University of New South Wales, Ahmedabad, India

☆ Investing platform eToro is bullish on generative AI. The US CEO breaks down its areas of experimentation, like making disclosures more fun to read and translating marketing material.
▼ + stars: | 2023-08-04 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Since ChatGPT's splashy debut in November 2022, generative AI has captured people's and corporations' imaginations. Generative AI is a subset of AI designed to ingest copious amounts of information and create new content. Finance, an industry that runs on data, has been exploring ways to leverage generative AI. At the retail-investing fintech eToro, work is underway to see how generative AI can be deployed to employees and customers. Using generative AI with guardrailsAs the company thinks about opportunities that come with generative AI, it can't ignore the risks.

Persons: Lule, ChatGPT's, Demmissie, hadn't, eToro, ChatGPT Organizations: Morning, Finance, Financial Industry, guardrails Locations: bitcoin

☆ The 15 Best Board Games for Grownups, According to Experts and Enthusiasts
▼ + stars: | 2023-07-30 | by ( Tim Barribeau | ) www.wsj.com time to read: +14 min

Luckily, board games have come a long, long way from social-deduction games like Werewolf, the Settlers of Catan fad and the cringey-in-retrospect obsession with Cards Against Humanity. With the help of a half-dozen experts in the field of tabletop gaming, we’ve pulled together a list of some of the best board games currently available, many of which you probably haven’t run into. I love the whimsical theme and design.” The experts told us it’s best played with a full suite of four players. Escape room at homePlayers: 1 to 6Time to play: VariableThe Exit games are escape rooms you can play at home. Dwayne Shearill of BlackBoardGaming cites Forbidden Island as one of the first board games he got his wife to play; the pair now host the YouTube channel about board games together.

Persons: Tim Barribeau, —, we’ve, Eric Yerko, Eric, Mandi Hutchinson, Suzanne Sheldon, Sass, Yerko, ” Decolonize, It’s, “, Ada Weyland, Weyland, Richard Garfield, ” Yerko, “ It’s, Dwayne Shearill, ”, Mike Mignola, you’ve, woman’s, you’ll, Steve Gianaca, Haiclue, Beneeta Kaur, hasn’t, Ada, MonsDRAWsity, it’s Organizations: Sass Games, Salt, Catan, Love Games, YouTube, Games, Amazon Players, Monopoly Locations: Northwest, Pacific, It’s, Yerko

☆ I became a superyacht chef without any formal training. Here's how I turned my hobby into cooking for celebrities like Pharrell Williams while traveling the world.
▼ + stars: | 2023-07-28 | by ( Claire Turrell | ) www.businessinsider.com time to read: +7 min

Since then, I've worked on 20 different superyachts in Asia, in the Caribbean, and in the Mediterranean. The yachts I've worked on have personal submarines, helipads, and spas. Dinner reservations can fall through, or once they get to the restaurant, the yacht owners may decide the vibes are off and that they no longer want to eat there. But I don't just cook for the owners, the guests, and the crew — sometimes, I cook for the owner's pets. I get my jobs through word of mouth, but to help people who are starting out to connect with other yacht chefs, I launched thesuperyachtchef.com in 2019.

Persons: Rachel Cunningham, Niki Lauda, Pharrell Williams, she'd, I've, I'd, wouldn't, must've, documentarian, Barts, Jeong Kwan, I'm Organizations: Service, Michelin, Netflix, Rachel Cunningham Chefs Locations: Asia, Caribbean, Wall, Silicon, Europe, Australia, Palma, Mallorca, Spain, France, London, Bluewater, Florida, Monaco, Seychelles, Bali, Malta, LordHenriVoton, Miami, Alaska, St, Devon, South Korea, Japan, Antigua

CNN —Irish singer Sinéad O’Connor, who became as well known for her remarkable music as her personal struggles, has died, according to RTE, Ireland’s public broadcaster. 1 in 1990, buoyed by the music video which featured O’Connor, with close-cropped hair and a dark turtleneck. In recent years, O’Connor was open about her struggle with addiction and mental health, and detailed her experience in her 2021 memoir “Rememberings.”Irish singer Sinéad O'Connor performing in Dublin in 2003. Irish singer Sinéad O'Connor at her home in County Wicklow, Republic Of Ireland in 2012. “Really sorry to hear of the passing of Sinéad O’Connor,” Varadkar wrote on Twitter.

Persons: Sinéad O’Connor, Sinéad, ”, O’Connor, “, Sinéad O'Connor, Shane, ” O’Connor, she’d, “ couldn’t, Nua, Jake, John Reynolds, John Waters, Donal Lunny, Yeshua, Frank Bonadio, Andrew Dice Clay, Frank Sinatra, O’Connor’s, David Corio, Pope John Paul II, I’m, “ I’m, Barry Herridge, “ You’ve, We’re, ” Sinéad O'Connor, Andrew Chin, Magda Davitt, Shuhada ’ Davitt, Leo Varadkar, ” Varadkar Organizations: CNN, RTE, O’Connor, MTV, Boys, Getty, Independent, Republic Of Ireland, Argentina, Billboard, Entertainment, Facebook, “, Twitter Locations: Dublin, London, County Wicklow, Republic Of, Redferns, ”, dublin, wicklow, Irish, Chicago, Vancouver

☆ Not every version of Barbie was a hit. Check out these flops
▼ + stars: | 2023-07-22 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +6 min

Barbie’s pregnant sidekick, MidgePregnant Midge was featured in Mattel's Happy Family Barbie Collection that also included Alan (pictured here behind the stroller). Fast-forward to 2002, Mattel introduced a pregnant Midge doll, featuring a detachable baby bump with a toy baby inside. The Midge doll created ripples. Walmart (WMT) ended up pulling the pregnant Midge doll from its store shelves, citing customer complaints about the appropriateness of a “pregnant” doll. When the FBI came after this BarbieVideo Barbie doll with a built-in LCD screen and download port for videos.

Persons: New York CNN —, Barbie, She’s, who’ve, Barbie Fashionistas, “ Barbie, ”, James Zahn, “ There’s, Midge, Alan, Lawrence Lucier, Zahn, Allan, Ryan, “ Allan ”, “ Allan didn’t, Mattel, “ Alan ”, Tanner, Barbie’s, Mark Ralston, Tanner playset, Tanner playsets, Barbie Mattel, Martin James Brannan, Skipper, Skipper ”, “, Miguel Villagran, Barbie Mark Lennihan, Richard Gottlieb Organizations: New, New York CNN, Bel Air, Mattel, Walmart, “, US Consumer Product Safety Commission, OREO, Nabisco, Fairfax Media, FBI, Global Toy Experts, New York Times Magazine Locations: New York, American, Barbie, AFP

☆ Kai Bird on Christopher Nolan's ‘Oppenheimer’ - The New York Times
▼ + stars: | 2023-07-17 | by ( Kai Bird | ) www.nytimes.com time to read: +2 min

Oppenheimer took the occasion to explain to Einstein that he was going to be absent from the Institute for some weeks. He was being forced to defend himself in Washington, D.C., during a secret hearing against charges that he was a security risk, and perhaps even disloyal. “He loved America,” said Verna Hobson, his secretary who was a witness to the conversation, “and this love was as deep as his love of science.”“Einstein doesn’t understand,” Oppenheimer told Ms. Hobson. But as Einstein walked back into his office he told his assistant, nodding in the direction of Oppenheimer, “There goes a narr [fool].”Einstein was right. Oppenheimer was foolishly subjecting himself to a kangaroo court in which he was soon stripped of his security clearance and publicly humiliated.

Persons: J, Robert Oppenheimer, Albert Einstein, Oppenheimer, Einstein, Oppenheimer “, ” Oppenheimer demurred, “, ”, Verna Hobson, ” Oppenheimer, Hobson, ” Einstein, Oppenheimer’s Organizations: Institute for, Study, Institute, Washington , D.C, Atomic Energy Locations: Princeton, N.J, Germany, Washington ,, America

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Persons: Dow Jones, mccarthy

Persons: Dow Jones, mccarthy

☆ Exclusive: MoonLake Immunotherapeutics explores sale-sources
▼ + stars: | 2023-07-14 | by ( David Carnevali | ) www.reuters.com time to read: +2 min

July 14 (Reuters) - MoonLake Immunotherapeutics (MLTX.O), a developer of an antibody-derived treatment for inflammatory skin conditions, is exploring a sale, according to people familiar with the matter. Immunology-focused companies have been coveted acquisition targets, as highlighted by recent deals such as Merck & Co's (MRK.N) $10.8 billion acquisition of Prometheus BioSciences Inc and Eli Lilly's (LLY.N) $2.4 billion purchase of Dice Therapeutics (DICE.O). MoonLake is testing Sonelokimab for the treatment of other inflammatory conditions, including psoriatic arthritis and psoriasis. If successful, MoonLake would encroach on a market dominated by bigger peers such as Novartis AG (NOVN.S) and AbbVie Inc (ABBV.N). In 2022, MoonLake went public through a merger with a special purpose acquisition company, which helped it raise more than $200 million in cash.

Persons: drugmakers, Eli Lilly's, MoonLake, hidradenitis suppurativa, hidradenitis, Merck KGaA, David Carnevali, Josie Kao Organizations: Nasdaq, Merck, Co's, Prometheus BioSciences, Dice Therapeutics, Novartis AG, AbbVie Inc, Citigroup, Thomson Locations: Zug, Switzerland, New York

☆ Victorious Jabeur delighted that she stuck to Plan A
▼ + stars: | 2023-07-12 | by ( Mitch Phillips | ) www.reuters.com time to read: +3 min

"Sometimes someone like Elena pushes you to play different plans but I'm glad that I did stick to the one we agreed on," Jabeur said. She was putting a lot of pressure on me so I'm very, very glad that I stayed focused. I was thinking 'If you want to hit hard, I'm ready to hit hard, too'". "I also think I'm hitting better. But believing that I can hit as hard as the other players, I think that makes the difference for me.

Persons: Elena Rybakina, Petra Kvitova, Elena, Jabeur, Iga, Mitch Phillips, Toby Davis Organizations: Wimbledon, U.S, Thomson Locations: Tunisian

☆ I got chauffeured in a $500,000 Rolls-Royce and saw firsthand how nice life is for the .1%
▼ + stars: | 2023-07-12 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

I got driven in the Rolls-Royce Cullinan SUV and Ghost sedan. The Rolls-Royce Cullinan starts at around $400,000. Getting whisked to my destination in a $500,000 Rolls-Royce Cullinan SUV provided an even fuller picture of the good life — and disproved once and for all the notion that you can't get any happier after making $75,000 per year. The Rolls-Royce Cullinan's headrest had trim that matched the cabin's blue theme. The Rolls-Royce Ghost is little sibling of the Phantom.

Persons: Royce Cullinan, Royce, I'd, Tim Levin, Royce Cullinan's, Cullinan, Royce Cullinan's headrest Organizations: Royce, SFO, BMW, TSA Locations: New York, San Francisco, Napa, Nobu, Riding, steerage

☆ Wimbledon: Underarm serve backfires as Alejandro Davidovich Fokina loses to Holger Rune
▼ + stars: | 2023-07-09 | by ( Aimee Lewis | ) edition.cnn.com time to read: +2 min

Alejandro Davidovich Fokina opted for an underarm serve at a crucial point in his third-round Wimbledon match against Holger Rune on Saturday. Rune, the 20-year-old sixth seed, comfortably dealt with the ball – hitting a fierce return winner for match point, eventually clinching an entertaining 6-3 4-6 3-6 6-4 7-6 (10-8) win. Davidovich Fokina returns the ball to Rune during their men's singles match. That was very unexpected, for sure,” the Dane, who had saved two match points, told reporters afterwards. I thought that I would trust my serve and go big, also like I did in the match points, the match point I saved.

Persons: Alejandro Davidovich Fokina, Holger Rune, Rune, Davidovich Fokina, Adrian Dennis, Dane, “, Michael Regan, ” Rune, Frances Tiafoe, Grigor Dimitrov Organizations: CNN, Wimbledon, Getty, Reuters Locations: AFP

☆ Fiat's tiny new electric car has the strangest feature ever
▼ + stars: | 2023-07-07 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

The tiny Topolino offers an optional shower for rinsing off after the beach. The Fiat Topolino Dolcevita. Fiat on Tuesday unveiled the Topolino, an adorable electric vehicle with an optional tiny shower head for rinsing off after the beach. The Fiat Topolino Dolcevita. The Fiat Topolino Dolcevita.

Persons: You've, Fiat Organizations: aperitivos, Fiat, Fiat That's, Tuesday Locations: Italy, France

[1/6] Members of a local dance group 'Via Katlehong' perform 'Pantsula', a dance known for its syncopated, quick-stepping, low to the ground format at the Joburg Theatre in Johannesburg, South Africa, July 1, 2023. REUTERS/Siphiwe Sibeko/File PhotoJOHANNESBURG, July 7 (Reuters) - Thato Qofela first performed 'pantsula', a symbol of Black South African culture and resistance to the apartheid regime, in his childhood backyard. Now, he is helping to revive the dance style and take it on to the global stage. It later enjoyed popularity among South Africans of different races, but waned somewhat as modern dance styles gained prominence. Now, Qofela's dance troupe, Via Katlehong, wants to drive a revival of the style, and has taken the dance to the global stage with shows in France, the Netherlands and Portugal.

Persons: Siphiwe, Qofela, pantsula, Lethabo, Sisipho Skweyiya, Tannur Anders, Olivia Kumwenda, Emma Rumney Organizations: Katlehong, Joburg Theatre, REUTERS, Thomson Locations: Johannesburg, South Africa, JOHANNESBURG, France, Netherlands, Portugal, Katlehong

☆ A friend of Titan passenger Hamish Harding says the billionaire 'decided to roll the dice' because he was 'set' on seeing the Titanic
▼ + stars: | 2023-06-25 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

A friend of Titan passenger Hamish Harding warned him not get in "that damn sub." Victor Vescovo told The Sunday Times he raised concerns about OceanGate's operations before the trip. Victor Vescovo told The Sunday Times he cautioned Hamish Harding, who was one of five people on the Titan, against going on the OceanGate sub. "I told him he shouldn't get in that damn sub," he told the newspaper. I will miss my good friends PH Nargeolet, who I worked with closely, and Hamish Harding, my friend in sea and space."

Persons: Hamish Harding, Victor Vescovo, Harding, shouldn't, Hamish, Reeve Jolliffe, Vescovo, Trench Organizations: Sunday Times, Records Locations: Newfoundland

☆ Interest rates have broken the global wealth pump
▼ + stars: | 2023-06-23 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

Rising inflation and higher interest rates would appear to make matters even worse. In the United States, immigration and the offshoring of manufacturing has undercut the power of labour. Ultra-low interest rates proved the greatest wealth pump ever devised, loading the dice in favour of the financial elite. Since the turn of the century, when the Federal Reserve under Alan Greenspan reduced interest rates to a new post-war low, wealth has consistently grown faster than GDP. That’s where higher interest rates come in.

Persons: Leonard Cohen, Peter Turchin, “ cliodynamics ”, Clio, Turchin, Hong Xiuquan, Andrew Carnegie, Henry Clay Frick, ”, Donald Trump, ” Turchin, Alan Greenspan, Peter Thal Larsen, Oliver Taslic Organizations: Reuters, Times, Elites, Steel, Reuters Graphics Reuters, Wall Street, Federal Reserve, McKinsey Global Institute, McKinsey, Thomson Locations: United States, France, China, Taiping, Japan

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