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PETERBOROUGH, N.H. (AP) — Trying to upset President Joe Biden in New Hampshire's primary, Democratic challenger Dean Phillips is running a TV ad across the state comparing him to Bigfoot — the argument being both are hard to find. "So I challenged myself to find President Biden in New Hampshire during this primary season. He pushed through Democratic rule changes that prioritized voters of color, deemphasizing New Hampshire's primary. But New Hampshire Democratic Party Chair Ray Buckley, who once warned that the new calendar meant a major Democratic challenger could embarrass Biden, now says his write-in campaign should easily prevail. That means Biden supporters could vote in the Republican primary, where Trump and former U.N.

Persons: Joe Biden, Dean Phillips, Biden, ” Biden, —, Phillips, Marianne Williamson, Donald Trump, Trump, There’s, ”, Angela Brennan, ” Phillips, Andrew Yang, Yang, cued, Yang wasn’t, “, it’s, ’, Biden “, Peter Leishman, ” Leishman, Ray Buckley, ” Buckley, Williamson, trumpeting Biden, Kathy Sullivan, “ I’ve, ” Sullivan, ” Ellen Lavoie Cooke, “ I’m, Desmond Kager, I’ll, Nikki Haley, Tracy Moloney, she'd, he's, Moloney, Rodrigue Ngowi Organizations: Democratic, Dartmouth, Trump, White, New Hampshire Democratic, New Hampshire, Democratic Party, New, AFL, Granite, New Hampshire Democrats, Social, Biden, Republicans, Republican, GOP, Dartmouth College Locations: PETERBOROUGH, N.H, New, New Hampshire, Minnesota, Hampshire, Peterborough, Portsmouth, America, Dover, American, Plymouth, ”, Portsmouth , New Hampshire

(AP) — An attorney for the billionaire Haslam family called bribery allegations leveled by Warren Buffett's company a “wild invention” Thursday. The Haslam family — which includes Cleveland Browns owner Jimmy Haslam and former Tennessee governor Bill Haslam — accused Berkshire last month of trying to understate Pilot’s earnings this year by changing its accounting practices. A senior executive who had been promised a bonus revealed that to the current Pilot CEO, according to Berkshire. Haslam’s side promises have forced the company to investigate and interrogate many of the key employees it relies on today to operate the company,” Lavoie said. In addition to Pilot, Berkshire owns an eclectic assortment of other businesses including Geico insurance, BNSF railroad and several major utilities along with a number of smaller manufacturing and retail businesses.

Persons: Haslam, Warren Buffett's, Berkshire Hathaway, Jimmy Haslam, Bill Haslam —, ”, Anitha Reddy, Craig Lavoie, Berkshire, Jim Haslam — Jimmy, Bill Haslam’s, —, Lavoie, it's, Mr, Haslam’s, ” Lavoie, Buffett Organizations: Berkshire, Cleveland Browns, BNSF, Apple, American Express, Bank of America Locations: OMAHA, Neb, Berkshire, Tennessee, United States, Canada

RICHMOND, Va. (AP) — More Virginia Democrats on Tuesday cast the controversy surrounding a legislative candidate who livestreamed herself performing sex acts as a distraction from the stakes in this fall's elections, while stopping short of fully championing her continued campaign. Virginia Democrats, Gibson among them, have made protecting abortion access a top campaign priority. Gibson's campaign did not respond to an interview request or a detailed list of questions from the AP on Tuesday. The state party also maintained its silence on Tuesday, with spokesperson Liam Watson declining to comment. Among elected officials, Democratic state Sen. Louise Lucas has stood out for her early, clear and vocal support of Gibson.

Persons: livestreamed, Susanna Gibson, Gibson, MAGA, Amy Friedman, Don Scott, Del, Dan Helmer, David Owen, Owen, Glenn Youngkin's, Gibson's, Liam Watson, Sen, Louise Lucas, Abigail Spanberger, Spanberger, ”, Cassady Craighill, Bob Holsworth, “, Holsworth, ” Aaron Evans, David, Evans, Denise Lavoie Organizations: —, Virginia Democrats, House Democratic, MAGA Republicans, Virginians, ”, Democratic, Associated Press ., House Democrats, General Assembly, Republicans, Senate, Democrats, Republican, GOP Gov, Richmond Times, Dispatch, U.S . Rep, Clean Virginia, Republican Party of Virginia, “, Associated Press Locations: RICHMOND, Va, Richmond, Virginia, Glen Allen , Virginia

☆ McLaren Applied's Lavoie buys bankrupt Dutch e-bike maker VanMoof
▼ + stars: | 2023-08-31 | by ( Nick Carey Tosterling | Nick Carey | ) www.reuters.com time to read: +3 min

The logo of e-bike maker VanMoof is seen on a bicycle in Amsterdam, Netherlands August 17, 2023. REUTERS/Piroschka van de Wouw Acquire Licensing RightsLONDON/AMSTERDAM, Aug 31 (Reuters) - Lavoie, the electric scooter unit of Formula One engineering and technology firm McLaren Applied, said on Thursday it has agreed to buy bankrupt premium Dutch e-bike maker VanMoof and will invest to stabilize and expand its business. Fry said McLaren Applied - bought from McLaren Group by private equity firm Greybull Capital in 2021 - would retain VanMoof's departmental managers and would "engage and retain or rehire some of the great people" the Dutch e-bike maker employed. VanMoof had also struggled with quality problems, which McLaren Applied's Fry said had hurt sales. McLaren Applied recently launched the premium Lavoie e-scooter brand.

Persons: de Wouw, Lavoie, Nick Fry, Fry, Jan Padberg, Robin de Wit, McLaren, VanMoof, McLaren Applied's Fry, Nick Carey, David Holmes Organizations: REUTERS, Formula, McLaren, Reuters, VanMoof, McLaren Group, Capital, Norwest Venture Partners, Nasdaq, Thomson Locations: Amsterdam, Netherlands, AMSTERDAM, Silicon

☆ Dutch E-Bike Brand VanMoof Bought Out of Bankruptcy by Scooter Maker
▼ + stars: | 2023-08-31 | by ( Claire Moses | More About Claire Moses | ) www.nytimes.com time to read: +1 min

VanMoof, the Dutch e-bike maker that gained a zealous following but declared bankruptcy last month, has been acquired by Lavoie, an upscale electric scooter company, the firms announced on Thursday. Riders of the expensive and technologically advanced VanMoof bikes were left in limbo by the company’s bankruptcy, because the machines are built from proprietary parts that only the company made and many of the bikes’ functions are linked to a smartphone app that runs on the company’s servers. Despite the buzz around the brand, VanMoof had run into financial problems that led to a production backlog and monthslong waits for sales and repairs. But riders will not be completely out of limbo under the new ownership. “What they can’t expect in the first couple of weeks is definitive answers to the problems,” said Nick Fry, the chairman of McLaren Applied, the British motorsports technology company that owns Lavoie.

Persons: Lavoie, VanMoof, ”, Nick Fry, Fry Organizations: Riders, McLaren

☆ McLaren Applied's Lavoie in talks to buy Dutch e-bike maker VanMoof - source
▼ + stars: | 2023-08-17 | by ( Nick Carey Tosterling | Nick Carey | ) www.reuters.com time to read: +2 min

REUTERS/Piroschka van de Wouw Acquire Licensing RightsLONDON, Aug 18 (Reuters) - Lavoie, the electric scooter unit of Formula One engineering and technology firm McLaren Applied, is in advanced talks to buy bankrupt Dutch e-bike maker VanMoof, according to a source familiar with the negotiations. The source said talks are at "quite an advanced stage" and would involve Lavoie taking over "as much as possible" of VanMoof's operations. The company had raised more than $180 million from investors including private equity firm Hillhouse, Silicon Valley venture capital fund Norwest Venture Partners and venture firm Felix Capital. According to another source familiar with the matter, McLaren Applied is one of two suitors remaining for VanMoof. Bought from McLaren by private equity firm Greybull Capital in 2021, McLaren Applied recently launched the premium Lavoie e-scooter brand.

Persons: de Wouw, Lavoie, VanMoof, Felix Capital, Jan Padberg, Nick Carey, Frances Kerry Organizations: REUTERS, Formula, McLaren, Reuters, Norwest Venture Partners, Nasdaq, Capital, Thomson Locations: Amsterdam, Netherlands, Silicon Valley

☆ BoC to raise rates once more by 25 bps in July to 5.00% - Reuters poll
▼ + stars: | 2023-06-13 | by ( Milounee Purohit | ) www.reuters.com time to read: +3 min

BENGALURU, June 13 (Reuters) - The Bank of Canada will raise interest rates again in July to 5.00% after a surprise 25 basis point increase last week, according to economists polled by Reuters, who unanimously said the main risk was the central bank might have to do more. The BoC will hike its overnight rate by 25 basis points to 5.00% at next month's meeting, according to 20 of 25 economists in a snap June 8-13 Reuters poll. "When you resume hiking, you don't resume for one 25 basis point hike. All but three of 25 economists forecast the overnight rate to peak at 5.00% or higher, 50 basis points more than was predicted in the last survey published on June 2. Only one of 25 economists expected a rate cut this year, compared with five in the last poll.

Persons: underscoring, Sebastien Lavoie, Lavoie, Doug Porter, Milounee Purohit, Sarupya Ganguly, Ross Finley, Sharon Singleton Organizations: Bank of Canada, Reuters, BoC, Laurentian Bank, BMO Capital Markets, Thomson Locations: BENGALURU

☆ This Isn't What Millennial Middle Age Was Supposed to Look Like - The New York Times
▼ + stars: | 2023-03-14 | by ( Jessica Grose | ) www.nytimes.com time to read: +25 min

Things have been difficult for her family, she says, but one thing she isn’t worried about: a midlife crisis, looming just over the horizon. One of our questions was about whether they had experienced a midlife crisis and how they would define the term. Many people said they felt they couldn’t be having a midlife crisis, because there was no bourgeois numbness to rebel against. “Who has midlife crisis money?”The traditional midlife crisis, as presented in popular culture, at least, unfolds amid suburban ennui. We just increase our Lexapro.”Was the midlife crisis ever even real?

☆ When a weather balloon went rogue almost 25 years ago, fighter jets fired 1,000 rounds at it and couldn't bring it down
▼ + stars: | 2023-02-03 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

About 25 years ago, a rogue weather balloon wouldn't come down after over 1,000 rounds were fired at it. Balloons, like the suspected Chinese "spy balloon" over the US, don't always pop or explode when shot. Two Royal Canadian Air Force CF-18 fighter aircraft spotted the balloon over Newfoundland and fired more than 1,000 rounds at it. The balloon, BBC reported, also survived encounters with British and American aircraft. According to BBC reports from the time of the incident, the 300-ft helium balloon prompted air traffic controllers to divert and delay transatlantic flights.

☆ BoC to keep up pace with 50 basis point December rate hike -economists
▼ + stars: | 2022-12-01 | by ( Indradip Ghosh | ) www.reuters.com time to read: +4 min

Fourteen said the BoC would dial down its pace to 25 basis points. Of the large Canadian banks, Scotiabank, CIBC and National Bank expected a 50 basis point move with no further hikes afterward. RBC forecasts a 25 basis point hike and then a pause, while BMO expects 50 and then another 25 in early 2023. The Fed, by contrast, is expected to raise its federal funds rate to a minimum of 4.75%-5.00% early next year, with the risks around forecasts skewed toward a higher rate. "The latest BoC research on household vulnerability and flexible mortgage rates support the idea that the BoC terminal rate will end at least 50 basis points below the U.S. Federal Reserve," said Sebastien Lavoie, economist at Laurentian Bank.

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