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☆ Foxconn is stuck between rock and hard place
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: +2 min

HONG KONG, Nov 24 (Reuters Breakingviews) - The $45 billion top Apple (AAPL.O) supplier Foxconn (2317.TW) is trying to resolve its problems in China with cash. Financial fixes can only do so much to tackle a problem stemming from Beijing’s zero-Covid policy. Workers have been upset after being forced to live in difficult conditions designed to stamp out Covid-19 infections. In every way, manufacturers in China face a long and bumpy road to recovery if they try to please both their workers and Beijing. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ This Is Your Brain on ‘Deep Reading.’ It’s Pretty Magnificent. - The New York Times
▼ + stars: | 2022-11-22 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +57 min

But if over time, we have begun to elaborate this brain so that it includes deep reading, the unnatural apex of the achievement of reading is what deep reading provides. And every time I get off of a plane, I say to myself, I’m going to do that more. I’m going to sit and I’m going to have quiet time with a book. I’m going to bring this to me in a second, so I’m not just putting this on little kids. maryanne wolfThe first thing I do is understand the purpose of whatever I’m reading.

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Disney, in a shocking late Sunday announcement, said it had re-appointed Iger as chief executive, effective immediately, after Iger’s handpicked successor as CEO, Bob Chapek, came under fire for his management of the entertainment giant. Iger will help the company’s board develop a new successor, Disney said in a release. Chapek was named chief executive in February 2020, succeeding Iger, who had previously said he wouldn’t return to the role. Iger, who held the CEO role for 15 years at Disney, had favored Chapek as his successor. Chapek distanced himself from Iger with a series of decisions, including his new approach to streaming prices for Disney+, Hulu and ESPN+.

Disney , in a shocking late Sunday announcement, said it had re-appointed Iger as chief executive, effective immediately, after Iger's handpicked successor as CEO, Bob Chapek, came under fire for his management of the entertainment giant. Iger will help the company's board develop a new successor, Disney said in a release. Chapek was named chief executive in February 2020, succeeding Iger, who had previously said he wouldn't return to the role. Iger, who held the CEO role for 15 years at Disney, had favored Chapek as his successor. Chapek distanced himself from Iger with a series of decisions, including his new approach to streaming prices for Disney+, Hulu and ESPN+.

☆ Some Disney employees were so shocked by CEO Bob Iger's return they suspected an email announcement was a scam
▼ + stars: | 2022-11-21 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +5 min

Some Disney staffers thought the press release about Bob Iger's return was a scam, Variety reported. Iger, who led Disney from 2005 to 2020, was asked to come back to replace current CEO Bob Chapek. Disney stock is down nearly 40% so far this year, though it got a boost on news of Iger's return. The news of Iger's replacement of current Disney CEO Bob Chapek came around 6:45 p.m. Pacific Time, while some top Disney leaders were at a pre-show reception at Los Angeles's Dodger Stadium for Elton John's farewell show, according to Variety. Arnold added that Iger is "greatly admired by Disney employees worldwide."

☆ Proptech startup Ribbon plans more layoffs as economic uncertainty lingers, according to CEO's email
▼ + stars: | 2022-11-19 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +5 min

The CEO of Ribbon told employees by email that impending layoffs would be "deeper" than expected. The all-cash offers company already laid off 40% of its employees in July. Shah and a spokesperson for Ribbon did not provide a comment to Insider on the email or layoffs by the time of publication. Tech company layoffs have ballooned far beyond the niche covered by Ribbon, Opendoor and Redfin, too. Read the rest of Ribbon's email here:Team,First and foremost, thank you for your patience through this challenging time for Ribbon.

Your credit card could get you access to high-demand events like Taylor Swift's latest concert. Jun Sato/TAS18/Getty ImagesMany credit card issuers offer access to presale, preferred seating, and VIP ticket offers. Read our review Read Our Review A looong arrow, pointing rightIf you have a Citi credit card or debit card, you can access exclusive ticket offers through the Citi Entertainment program. Note that credit card lenders may use many different variations of credit score models when considering your application. Don't wait until a day or two before presale to open a credit card that'll give you this access, as you won't receive it in time.

☆ Republican U.S. House will sharpen China focus, monitor Ukraine aid
▼ + stars: | 2022-11-17 | by ( Patricia Zengerle | ) www.reuters.com time to read: +6 min

Representative Michael McCaul, the Republican in line to head the House Foreign Affairs Committee, said his top priority will be competing with a rising China, including monitoring high-tech exports. To become law, any bills must be passed by the Democratic-controlled Senate and be signed by President Joe Biden. McCaul said he expected the aid to keep flowing, noting bipartisan support for the Kyiv government. The House Foreign Affairs and Oversight committees also plan a joint investigation of business dealings that Hunter Biden had with a Chinese energy firm in 2017. The Democratic-led House impeached Trump in 2019 on charges that he withheld military aid to Ukraine to put pressure on President Volodymyr Zelenskiy to launch an investigation of Hunter Biden.

☆ Brian Eno Reveals the Hidden Purpose of All Art
▼ + stars: | 2022-11-14 | by ( David Marchese | ) www.nytimes.com time to read: +19 min

I think I’m still answering it. I’m absolutely fascinated by this question, because I think I have an answer, and I don’t think it has ever been well answered. Since we’re talking about how things work: How do you want your new album to work for people? You have to take that on board as being one of the things that’s happening in culture and quite different from the story that we’re generally hearing. I don’t think many people take that as seriously as I do.

☆ I drove a $2 million electric car with 1,900 horsepower and saw the unimaginably fast future of supercars
▼ + stars: | 2022-11-12 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

I drove the Pininfarina Battista, a new electric supercar that costs $2.2 million and up. The Pininfarina Battista. Tim Levin/InsiderThe $2.2 million, 1,900-horsepower electric supercar is mind-bendingly, frighteningly quick, promising to hit 62 mph from a standstill in less than two seconds. The Pininfarina Battista. The Pininfarina Battista.

☆ Inside the frightening, thrilling experience of driving the quickest car in the world, the $2 million Pininfarina Battista
▼ + stars: | 2022-11-12 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

I tested the Pininfarina Battista, a dizzyingly quick electric supercar that costs $2.2 million and up. That's kind of what driving the Pininfarina Battista is like. The Pininfarina Battista. Tim Levin/InsiderThe $2.2 million, 1,900-horsepower electric supercar is mind-bendingly, frighteningly quick, recently claiming the world acceleration record for a street-legal car. The Pininfarina Battista.

☆ Analysis: It’s messy history week with ‘Dangerous Liaisons’ and ‘The Crown’
▼ + stars: | 2022-11-12 | by ( Lisa Respers France | ) edition.cnn.com time to read: +6 min

Dusan Martincek/StarzI love, love, love a good origin story – especially one tied to one of my favorite movies. ‘The Crown’ Season 5(From left) Dominic West as Prince Charles and Elizabeth Debicki as Princess Diana in a scene from "The Crown." Something to sip onAngela Bassett as Queen Ramonda in a scene from "Black Panther: Wakanda Forever." Marvel StudiosThe world may not be ready for the emotional journey that is the “Black Panther” sequel. “Black Panther: Wakanda Forever” is steeped in the loss of Chadwick Boseman, who died in 2020 at 43 after a private battle with colon cancer.

☆ Paying workers unfairly will backfire. Pull back the curtain on compensation decisions instead.
▼ + stars: | 2022-11-10 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +10 min

But for many people, salary negotiations are hard to navigate. Brian Armstrong is the CEO of Coinbase, which recently announced that it was banning salary negotiations. If salary negotiations are prohibited, they said, there have to be other measures in place to ensure that every worker is paid fairly. Salary negotiations will always be challenging for some — if not most — of usRestructuring salary negotiations won't necessarily make the act of asking for more money easier right away. Still, she understands that salary negotiations can get contentious, and she emphasized that the positive dynamic between employer and employee is important to preserve.

☆ Michael Oher, athlete who inspired ‘The Blind Side,’ marries longtime love
▼ + stars: | 2022-11-09 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —Former NFL player Michael Oher has married his longtime love, Tiffany Roy. My beautiful wife, I love you so much, thank you for blessing me with our family! Easily the best single weekend I’ve ever been a part of.”Oher continued: “Not being from the area everyone came to was even more special. I won’t be able to tell everyone thank you, if I saw you this weekend, thank you! Lily Collins, Sandra Bullock, Tim McGraw, Jae Head and Quinton Aaron in "The Blind Side."

☆ Newly released Uvalde video shows officers discussing need to confront gunman, concerns about being shot
▼ + stars: | 2022-10-27 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Newly released body camera video shows Texas law enforcement at the scene of the Uvalde school massacre discussing the need to confront the gunman, but expressing concerns about being shot. I wonder if we can get in there ... and maybe open that door," a trooper says in the video. People mourn at a memorial at Robb Elementary School in Uvalde, Texas, on May 28, 2022. During Thursday's public meeting in Austin, Texas Department of Public Safety Director Col. Steven McCraw said that he does not believe the agency failed the community. Someone is heard in the video saying how there have been no attempts to negotiate with the gunman.

☆ Relatives of Uvalde victims call on 'disgraced' Texas public safety director to resign
▼ + stars: | 2022-10-27 | by ( Brendan O'Brien | ) www.reuters.com time to read: +3 min

Oct 27 (Reuters) - Relatives of children killed in the Uvalde school shooting confronted the Texas public safety director on Thursday and demanded he resign over the failure of his agency's troopers to confront the gunman quickly and possibly save lives. "You have disgraced our state," Cross said at a podium as he looked directly at McCraw during a meeting of the Public Safety Commission in Austin. "Steve, the time is now: If you are a man of your word, you will resign." Even so, McCraw said he would only resign if an internal investigation finds that his agency failed the community of Uvalde. In July, the Texas legislature released a report blaming the response on "systemic failures" and poor leadership.

☆ Foxconn says production normal at iPhone plant in China despite COVID curbs
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +1 min

The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone SiuOct 21 (Reuters) - Taiwan electronics manufacturer Foxconn (2317.TW) said on Friday production at its largest iPhone factory remains normal, despite tightening COVID-19 restrictions at the plant in the Chinese city of Zhengzhou this week. "Zhengzhou (plant) still maintains normal production and has little impact (from the situation)," Foxconn told Reuters. The new measures follow Zhengzhou's latest outbreak recording a total of 196 cases since Oct. 8, and come as Foxconn's factory is ramping up production of the latest iPhone 14 models. Register now for FREE unlimited access to Reuters.com RegisterReporting by Beijing newsroom and Juby Babu in Bengaluru; Editing by Jacqueline Wong and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

☆ Gold rush: Lawyers are flocking to Arizona to take advantage of new rules resulting in a flood of outside investments in law firms
▼ + stars: | 2022-10-19 | by ( Jack Newsham | ) www.businessinsider.com time to read: +10 min

In 2021, Arizona changed its rules to let non-lawyers co-own law firms, many of which are highly profitable: They collectively made an estimated $320 billion in the US last year. Today, 47 states — all but Arizona, Utah, and Washington — ban anyone but lawyers from owning law firms. Some of the firms Arizona has approved have said they plan to advertise nationwide, and refer cases to other law firms that will actually do the work. Pre-settlement funding, which is one of the riskier kinds of loan for plaintiffs' law firms, often has interest rates of 12 to 20 percent, Ziser said. The UK has allowed outside investment in law firms since 2007 without major scandal, he said, but it also takes a loser-pays approach to lawsuits that can cut down on frivolous claims.

☆ Student-loan borrowers can now apply for debt cancellation, but the relief is still in limbo with lawsuits in the mix
▼ + stars: | 2022-10-17 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Student-loan borrowers can apply for debt relief now during a beta testing period. Borrowers are awaiting a decision from a federal judge who heard arguments for a lawsuit last week. It's clear Biden's administration is moving forward with the process for relief and doesn't appear to be deterred by the lingering lawsuits attempting to block debt cancellation from coming to fruition. It could also mean borrowers will have to resume payments in January 2023 without any relief applied to their accounts. They should receive a confirmation email once the application is submitted, and their student-loan company will notify them once the relief is processed.

☆ What happened during the Cuban Missile Crisis — the 13-day standoff that almost ended the world
▼ + stars: | 2022-10-16 | by ( Michelle Mark | ) www.businessinsider.com time to read: +1 min

New photographs emerged on Oct. 26 showing further missile site construction, and Castro sent Khrushchev a private letter urging him to annihilate the US with nuclear weapons. "However harsh and terrible the solution, there would be no other," Castro wrote to Khrushchev. However harsh and terrible the solution, there would be no other," Castro wrote. Meanwhile, Khrushchev wrote to Kennedy declaring he was willing to remove the missiles from the island if the United States would pledge never to invade Cuba. "You would declare that the United States will not invade Cuba with its forces and will not support any sort of forces which might intend to carry out an invasion of Cuba.

“This looks and smells like human trafficking,” said Ariadna Phillips, a New York community organizer with South Bronx Mutual Aid. On Tuesday, DeSantis said at a news conference that three of four people arrested last week for "ransacking" communities following Hurricane Ian were illegal immigrants who should be immediately deported. Remembering "horror stories" of immigrants not being paid for work or being deported following previous natural disasters, Phillips rushed to Queens. "Promises are often not kept to these workers," said Saket Soni, executive director of Resilience Workforce, a New Orleans group that advocates for and monitors migrant workers following natural disasters. In the days following Ian, Resilience Workforce deployed staff members to Florida to observe work conditions on the ground.

☆ Mountain Girl’s heartbreaking memoir: An icon of the Sixties opens up about Jerry Garcia, Ken Kesey, and what the age of free love was really like
▼ + stars: | 2022-10-09 | by ( David Kushner | ) www.businessinsider.com time to read: +40 min

Now 76 and living in Oregon, Mountain Girl has gave us an exclusive look at her memoir. Altamont, the free concert that Mountain Girl and Jerry Garcia helped organized, was meant to revive the spirit of the Sixties. Today, 60 years since she took that ride with Neal Cassady, Mountain Girl is still forging her own path. Before I leave Kesey's farm, Mountain Girl and I walk outside to the old brown barn where Furthur now rests. But for Mountain Girl, it lives forever, an emblem of everything her generation believed in, and all that they achieved.

☆ Some virtual workers are moving abroad without telling their boss or coworkers — and are taking elaborate measures to not get caught
▼ + stars: | 2022-09-25 | by ( Hannah Towey | ) www.businessinsider.com time to read: +4 min

Some virtual workers are moving to another country without telling their bosses or coworkers. One virtual worker who's secretly moving to Mexico told Insider it's worth the risk of being fired. He then created an intricate VPN and router system to conceal his computer's location, according to the outlet. During meetings, she uses a fake Zoom background and takes phone calls in a sound-proof booth to conceal any noise that could give away her location, according to the report. Stefanie Keenan/GettyA recent survey of 1,481 workers found that 40% of HR executives discovered employees working from outside their home state or country in the past year.

☆ Florida migrant-moving company gave GOP cash, has ties to DeSantis' immigration 'czar' and Rep. Matt Gaetz
▼ + stars: | 2022-09-22 | by ( Marc Caputo | Marc Caputo Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +8 min

Vertol is based in the Florida Panhandle city of Destin, in Gaetz’s congressional district, and near Keefe’s home city as well. State and federal campaign finance data show Vertol contributed $2,500 to the North Florida Neighbors super PAC backing Gaetz’s first congressional bid in 2016. After DeSantis was elected, Vertol in 2019 contributed another $10,000 to the Republican Party of Florida, which is ultimately controlled by the governor. And Vertol contributed another $1,000 in June to state Rep. Jay Trumbull Jr.’s state Senate campaign. His father, Jay Trumbull Sr. had been appointed by DeSantis to the Florida Transportation Commission, which oversees the Florida Department of Transportation, the agency in charge of the Vertol contract.

☆ Why is Trump calling NY AG Letitia James 'Peekaboo?' Michael Cohen has a theory, and it isn't X-rated or racist
▼ + stars: | 2022-09-22 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Donald Trump coined a nickname for New York's AG after she sued him: Letitia 'Peekaboo' James. Trump had already called Letitia James "racist" for months prior to her suing him, in a not-so-veiled allusion to the AG being African American. "Racist A.G. Letitia "Peekaboo" James, the failed Gubernatorial candidate," Trump called the AG in a new Truth Social post. Trump fixer-turned-critic Michael Cohen doesn't like the odds on either of the leading peekaboo nickname-origin theories, one of which is X-rated and the other of which is deeply racist. Cohen didn't think much of the X-rated theory, floated around AG circles, which references some of the more graphic definitions of "peekaboo" from Urban Dictionary.

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