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And now, as Trump continues to fill out the upper echelons of his transition and administration, some key donors appear to be in the fray. Chris Wright, the Liberty Energy CEO tapped to be Trump’s energy secretary, gave the campaign and affiliated committees more than $235,000. Marc Rowan, the billionaire CEO of Apollo Global Management, gave $1 million to Right for America, a pro-Trump super PAC. The super PAC also ran a controversial program that gave away $1 million checks to swing-state voters who signed Musk's petition. (His father, Charles Kushner, who was pardoned by Trump, gave that same amount, plus another $1.2 million to a pro-Trump super PAC).

Persons: megadonors, Donald Trump's, Trump, Linda McMahon, McMahon's, Howard Lutnick, Lutnick, Chris Wright, Scott Bessent, Marc Rowan, Elon Musk, Musk, Ike Perlmutter, Jared Kushner, Trump's, Charles Kushner, Tim Mellon, Miriam Adelson, megadonor Sheldon Adelson Organizations: Trump's Small Business Administration, Trump, Inc, MAGA Inc, Commerce Department, Liberty Energy, NBC, Treasury Department, Apollo Global Management, Street, Treasury, America PAC, PAC, Marvel Entertainment, America, Dallas Mavericks Locations: America

☆ What we learned spending the final weeks on the ground in Pennsylvania: From the Politics Desk
▼ + stars: | 2024-11-04 | by ( The Politics Desk | ) www.nbcnews.com time to read: +8 min

In today’s edition, political reporter Allan Smith and senior White House reporter Peter Nicholas empty their notebooks after spending the last two weeks on the ground in battleground Pennsylvania. And over the final two weeks of the race, both candidates and their running mates held 16 events in Pennsylvania — including Monday, marking some of Harris and Trump’s final rallies of the campaign. And 5% of Republican voters hold a positive view of Harris, while 92% hold a negative view (-87 net rating.) : Regardless of who wins the election, a key fixture of America’s political landscape for nearly a decade is set to disappear: the Trump campaign rally. Read more → Follow live updates from the campaign trail →That’s all from the Politics Desk for now.

Persons: Allan Smith, Peter Nicholas, Mark Murray, Peter Nicholas PITTSBURGH, It’s, Donald Trump, Kamala Harris, Trump, Harris, Jennifer Mann, Philipsburg, ”, ” Read, Allan, Peter → 🗺️, orth, arolina,, ake, ender, ault, ines, hite, lear, alf, Tod, Reg, Rob, Bowman Organizations: NBC, White House, Capitol, It’s, NBC News, Trump, State College, ust, ics Locations: Pennsylvania, oters, Poli

As the battle for Congress comes to a close, here are five things to watch:1. Republicans have long been concerned about Democrats’ massive fundraising advantage in House and Senate races. Nearly $1.6 billion has been spent on ads in Senate races since Labor Day, with Democrats spending $803 million and Republicans spending $758 million, according to AdImpact. More than $1 billion has also been spent on ads in House races since Labor Day, with Democrats spending $615 million to Republicans’ $448 million, according to AdImpact. In the Maryland Senate race, Republicans have tried to pull off an upset by recruiting former GOP Gov.

Persons: Donald Trump, Kamala Harris, Trump, Jon Tester, Ohio’s Sherrod Brown, Brown, Tim Sheehy, Bernie Moreno, Jim Justice, Sen, Joe Manchin, Joe Biden, Harris, Pennsylvania’s Bob Casey, Wisconsin’s Tammy Baldwin, Nevada’s Jacky Rosen, Maine Republican Susan Collins, Biden, Casey, Dave McCormick, Rosen, Roe, Wade, ’, That’s, Dan Osborn, GOP Sen, Deb Fischer, Fischer, Osborn, Colin Allred, Ted Cruz, they’re, Debbie Mucarsel, Powell, Rick Scott, Allred, Larry Hogan, Hogan, Angela Alsobrooks Organizations: White, Republicans, House, Republican, Navy, West Virginia Gov, Democratic, Trump, GOP, Maine Republican, Senate, Freedom Caucus, Democrats, Labor, ’, Republicans ’, PAC, Maryland Senate, GOP Gov, Hogan Locations: California, New York, Arizona, Michigan, Maine, Pennsylvania, Nevada, Allentown, Harrisburg, Nebraska, Cornhusker, Texas, Florida, Maryland

☆ These late-deciding voters could swing the election: From the Politics Desk
▼ + stars: | 2024-11-01 | by ( The Politics Desk | ) www.nbcnews.com time to read: +5 min

Welcome to the online version of From the Politics Desk, an evening newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the campaign trail, the White House and Capitol Hill. The final undecided voters could sway the election. But in a narrowly divided presidential election, voters who have put off making a decision until the last minute could find themselves with the power to decide the future of the country. Late-deciding voters broke for Trump in 2020 and 2016, with some analysts and strategists in both campaigns crediting them for electing Trump eight years ago. And it was true in 2020, when the pandemic and debates played an oversize role in the election featuring Trump and Joe Biden.

Persons: Kristen Welker, They’re, Alex Seitz, Wald, Annemarie Bonner, Bridget Bowman, Wardwell Procrastination, Donald Trump, Kamala Harris, Harris, Trump, John Kelly, Adolf Hitler, Joe Biden, Liz Cheney, Superstorm Sandy, Barack Obama, Mitt Romney, James Comey’s, Hillary Clinton Organizations: NBC, White House, Capitol, ’, NBC News, Trump, Madison, Garden, Republican, “ Locations: Coast

☆ The final undecided voters could sway the election. They’re not wild about the choice.
▼ + stars: | 2024-11-01 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +9 min

In NBC News’ early October national survey, just 4% of registered voters said they didn’t want to make a choice between former President Donald Trump and Vice President Kamala Harris. One said they plan to vote for Trump, another that they are likely to vote for Harris, and another plans to not vote at all. How anyone could still be undecided a week out from a critical election can be difficult to fathom for supporters of either Trump or Harris. Eric Bush, a systems administrator from Florida, said he’s waiting until he is in the voting booth to make his final choice. But he is still weighing backing Harris, acknowledging a vote for Harris could lead to bigger-government policies that could help others.

Persons: Donald Trump, Kamala Harris, Harris, Trump, Eric Bush, he’s, “, ” Bush, ”, Deshaun, ” Hall, Helen Peppas, Biden, ” “ Trump, I’m, ’, Rachel Naiziurski, Jill Stein, Naiziurski, Chase Oliver, Mike Pence, Oliver, Rob Czaplewski, Nikki Haley, Marco Rubio, ” Czaplewski Organizations: NBC, ’, NBC News, Trump, Green Party, Biden, Israel, Capitol, Nebraska Republican, United Nations, GOP Locations: Florida, Connecticut, Pennsylvania, Ohio, Idaho, New York, Gaza, Amarillo , Texas

☆ The voters Harris wants to reach with her media blitz: From the Politics Desk
▼ + stars: | 2024-10-10 | by ( The Politics Desk | ) www.nbcnews.com time to read: +8 min

In today’s edition, senior White House reporter Peter Nicholas looks at where Kamala Harris' campaign thinks it can pick up support with the vice president's media blitz this week. Plus, senior political editor Mark Murray breaks down how Harris and Trump voters think "change" means very different things this election. They want to see her more, and we’re engaging with that and want to continue to do that,” a Harris campaign aide said. One of the sources described the Keystone State as a “problem spot” for the Harris campaign. Read more → Follow live updates from the campaign trail →That’s all from the Politics Desk for now.

Persons: Peter Nicholas, Kamala Harris, Mark Murray, Harris, Peter Nicholas Vice, Howard, Stephen Colbert’s “, “ We’ve, ”, Donald Trump’s, Miller, Colbert, she’s, ” Harris, Floridians, CBS’s, Trump, Read, Peter → 📈, hite, tate, ord, ake, rump., ike “, Rea, usk., shaw Organizations: NBC, White House, Capitol, Trump voters, CBS, Democratic, Weather Channel, CNN, Univision, USA, Suffolk University, aig Locations: Hurricane Milton, Las Vegas, Nevada, Arizona, ord, osh

☆ Poll: Harris and Trump voters see their candidate representing 'change' — but in very different ways
▼ + stars: | 2024-10-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mark-Murray-Circle-Byline-Template.Jpg | Mark Murray | ) www.nbcnews.com time to read: +4 min

The September NBC News poll found Harris with a 9-point advantage over Trump when registered voters were asked which candidate better represents change, with 47% picking Harris and 38% selecting Trump. Word cloud of responses to the open-ended poll question about how Kamala Harris voters see her as representing change. It’s just that Kamala Harris represents positive change, and Donald Trump represents like, existential, terrible change,” said poll respondent Daniel D’Agustino, 33, of New York City. “[Harris] represents somewhat of a return to normalcy, in the same way that Joe Biden did in 2020. Word cloud of responses to the open-ended poll question about how Donald Trump voters see him as representing change.

Persons: ”, ” “, Kamala Harris, Donald Trump, Harris, Joe Biden, Trump, Daniel D’Agustino, ” D’Agustino, Vicki Good, De, Walz, Nicole, “, ” Nicole, it’s, Melvin Mitchell Organizations: NBC, Trump Locations: New York City, De Pere, Wis, Texas, Indiana, Baltimore, Md, “

☆ Bad blood with Republicans drives a decline in Taylor Swift's poll numbers
▼ + stars: | 2024-09-27 | by ( Faith Wardwell | Faith Wardwell Is An Intern At Nbc News. | ) www.nbcnews.com time to read: +2 min

Republican views of Taylor Swift have taken a nosedive in comparison to last year, a new NBC News poll shows, weeks after the pop singer announced her endorsement of Vice President Kamala Harris. Just 12% of Republicans report positive attitudes toward the singer, down from 28% last year. Among Democrats, 58% view Swift in a positive light, a slight increase from 53% in 2023. About 26% of independents have a positive attitude toward Swift, a drop from 34% in 2023. The significant shift from Republican voters has pushed Swift’s overall favorability rating among registered voters lower than last year, decreasing from 40% in 2023 to 33% this year.

Persons: Taylor Swift, Kamala Harris, Swift, Jeff Horwitt, Democratic pollster, Bill McInturff, Horwitt, Harris, Donald Trump, ” Swift, Lady, ”, Sen, JD Vance, Trump’s, “, Trump, TAYLOR SWIFT, ” Harris Organizations: NBC, Republican, Hart Research Associates, Democratic, NBC News Locations: R, Ohio

☆ Poll: Project 2025 is broadly known and severely unpopular with voters
▼ + stars: | 2024-09-25 | by ( Faith Wardwell | Faith Wardwell Is An Intern At Nbc News. | ) www.nbcnews.com time to read: +3 min

About 57% of registered voters report feeling negatively about Project 2025, with 51% saying they see the proposal “very” negatively and another 7% saying they view it “somewhat” negatively. Just 4% of voters reported viewing the conservative policy plan positively. Voters who identify as "MAGA Republicans" reported viewing Project 2025 in a slightly more positive light, with 28% saying they held a negative view of the proposal and another 9% saying they view the plan positively. Democrats have made efforts to tie Trump to Project 2025, a conservative policy roadmap from the Heritage Foundation aimed at laying the groundwork for a future Republican administration. “I know nothing about Project 2025,” Trump said in a Truth Social post in July.

Persons: Kamala Harris, Donald Trump, Trump, ramped, MAGA, Taylor Swift, Elon Musk, Harris, —, Russ Vought, Ben Carson —, “, ”, ” Trump Organizations: Democratic Party, NBC, Voters, MAGA Republicans, Republican, Democratic, Democrats, Trump, Heritage Foundation, of Management, Urban, America, Force, Convention, NBC News

☆ Big Lots files for bankruptcy protection, sells to private equity firm as it promises to keep offering 'extreme bargains'
▼ + stars: | 2024-09-09 | by ( Gabrielle Fonrouge | ) www.nbcnews.com time to read: +4 min

Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor. As part of its Chapter 11 filing, Big Lots agreed to sell its business to private equity firm Nexus Capital Management for about $760 million, consisting of $2.5 million in cash plus its remaining debt and liabilities, court records show. While discount retailers tend to do well in rough economic cycles, Big Lots primarily caters to lower- and middle-income consumers, who have curbed discretionary spending at a higher rate than their more affluent counterparts. “Big Lots is not always good value for money. A&G Real Estate Partners has been tapped as Big Lots’ real estate advisor, while Nexus will be represented by law firm Kirkland & Ellis.

Persons: Lots, Bruce Thorn, ” Evan Glucoft, ”, Big, Glucoft, Cos, ” Neil Saunders, GlobalData, ” Saunders, Davis Polk, Kirkland, Ellis Organizations: Big, Nexus Capital Management, Walmart, Goods, Guggenheim Securities, Real, Partners

☆ Dollar Tree is exploring a sale of its Family Dollar brand
▼ + stars: | 2024-06-05 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

Dollar Tree announced Wednesday it is considering a sale of its more grocery-focused Family Dollar brand. "The unique needs of each banner at this time – transformation at Family Dollar and growth acceleration at Dollar Tree – lead us to the decision to conduct a thorough review of strategic alternatives for the Family Dollar business." Dollar Tree bought Family Dollar in 2015 for almost $9 billion. The update came alongside Dollar Tree's fiscal first-quarter earnings report, in which Family Dollar lagged. Same-store sales for the company's Dollar Tree brand rose 1.7% while Family Dollar sales climbed only 0.1%.

Persons: Davis Polk, Richard Dreiling Organizations: Dollar, JPMorgan, Davis, Enterprise, LSEG, Walmart Locations: Marietta , Oklahoma

☆ The CEO 'return to office or else' is having limited success in 2024
▼ + stars: | 2024-02-04 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +5 min

This past week alone, Boeing and UPS called workers back to the office five days a week. A survey by the Conference Board found few U.S. CEOs saying they will prioritize bringing workers back to the office full time in the year ahead. Jotform, an online form-building platform with about 660 team members, recently made the decision to require employees to be in the office five days a week. A December Resume Builder poll of 800 business leaders found that 8 in 10 companies will track employee office attendance in 2024. In some cases, companies are also finding it difficult to crack down on lower-level employees because higher-ups also aren't complying.

Persons: it's, Elliott Sprecher, Morgan Chase, Davis Polk, What's, Laura Putnam, Henry Nothhaft, Betsy Henning, Finn, Putnam Organizations: Boeing, UPS, Conference Board, IBM, Google, Skadden, Finn Partners Locations: Slate, RTO

☆ 'The most taboo topic I've ever seen': Inside Microsoft's war over the war in Gaza
▼ + stars: | 2023-11-28 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +16 min

Viva Engage, Microsoft's slick message board designed to compete with Slack, is often touted as "Facebook for work." In October, according to internal messages viewed by BI, a Microsoft employee shared a post praising child tax credits as a way to reduce poverty. Employees with pro-Palestinian views have also used inflammatory language in their posts on Viva Engage. It has cut off the comments to Viva Engage posts it considered too incendiary. "It's important to recognize the pain and suffering of so many people, including our colleagues, as the events in Israel, Gaza, and the surrounding region continue to unfold," Nadella wrote.

Persons: Slack, —, Sandy Hook, chimed, George Floyd, Satya Nadella, Roe, Wade, Kathleen Hogan, Israel, Nadella, Benjamin Netanyahu, Charlie Bell, Scott Guthrie, Rajesh Jha, Microsoft's, Cherry, Davis Polk, Israel's, Ashley Stewart Organizations: Viva Engage, Facebook, Microsoft, Business, Engage, BI, Employees, Israel, Israel Defense Forces, Harvard, Hamas, Wardwell, Ivy League, New York Times, Apple, Amazon Web Services Locations: Israel, Gaza, Uvalde, Columbia, Silicon Valley, America, Haifa, Herzliya , Tel Aviv, Nazareth, Palestine, Gaza . Harvard, Tel Aviv, Seattle

☆ The War on College Campuses
▼ + stars: | 2023-11-02 | by ( Lauren Camera | ) www.usnews.com time to read: +16 min

College campuses have always been bastions of protest, where young, energetic students push older generations in the direction of the next social or political reform. Notably, the prevailing notions of the liberal bent of college campuses are not incorrect. According to a 2023 survey by FIRE of roughly 1,500 four-year college professors, 50% identify as liberal, 17% as moderate, and 26% as conservative. Analysts say the recent inflammatory examples that have not only riven college campuses but altered the way many Americans view them also underscore the increasing difficulty observers in the U.S. have of sitting with complex developments. Many of the country’s most elite schools actually perform the worst, according to the 2024 College Free Speech Ranking by FIRE.

Persons: Ron DeSantis –, “, ”, –, Zach Greenberg, Nikki Haley, Carolina Sen, Tim Scott, Pell Grant, Donald Trump, Strawn, Davis Polk, Sarah Lawrence, Samuel Abrams, ” Greenberg, Joe Biden, Peter Coleman, Morton, Coleman, “ We’re, Tony Banout, ” Banout, ” Coleman Organizations: Hamas, National Students for Justice, Florida Gov, College, Foundation, Rights, ”, U.S ., Harvard’s, for Palestine, Palestine Solidarity Committee, George Washington University, GOP, Former South Carolina Gov, Customs, Winston, Wardwell, Harvard University, Columbia University, Harvard, University of Pennsylvania, FIRE, Sarah Lawrence College, New York Times, Columbia, America – Democrats, Republicans, Jewish, Tulane University, Cornell University, FBI, White, Department of Homeland Security, Department of Justice, Morton Deutsch International, for Cooperation, Israel, University of Chicago, University of Chicago Forum, Free Locations: Israel, Palestine, America, Florida, Gaza, U.S, Former, ., Carolina, Columbia, Costa Rica

Elite law firms send a messageWith universities across the United States grappling with a rise in antisemitism since the start of the Israel-Hamas war, elite law firms are putting schools on notice. In a letter to some of the nation’s top law schools obtained by DealBook, about two dozen major Wall Street firms warned that what happens on campus could have corporate consequences. The letter follows a series of recent antisemitic episodes at universities. Kathy Hochul of New York sought this week to reassure Jewish students at Cornell after online posts threatening violence against them. Students at other schools have said they feel increasingly unsafe amid rallies and other acts that, in some instances, have become violent.

Persons: Moore Debevoise, Plimpton Kirkland, Ellis Paul, Weiss, Garrison Simpson Thacher, Bartlett Skadden Wachtell, Lipton, Davis Polk, Israel, Kathy Hochul Organizations: DealBook, Rosen, Katz, Wardwell, Gov, New York, Cornell Locations: United States, Israel, Rifkind, Wharton, New

☆ Harvard has become the poster child for American culture wars in the 11 days since Hamas' terrorist attack on Israel. Here's what's happened.
▼ + stars: | 2023-10-18 | by ( Grace Dean | ) www.businessinsider.com time to read: +15 min

Harvard University has become a flashpoint in the intergenerational divide on the Israel-Hamas war. AdvertisementAdvertisementIn the 11 days since Palestinian militant group Hamas launched its terrorist attack on Israel, Harvard University has become a flashpoint for intergenerational tensions about the war — and the broader culture war around campus free speech. Hamas launches terrorist attacks on IsraelPalestinian militant group Hamas launched a series of terrorist attacks on Israel on October 7, with Israel retaliating. AdvertisementAdvertisement"These hateful Harvard students are the future leaders of our society," Rep. Ritchie Torres of New York wrote on X. Some student groups backtrackSome student groups that co-signed the original statement have since withdrawn their signatures.

Persons: Israel, —, Israel retaliating, Bill Ross, Ian Bremmer, Bremmer, Larry Summers, Tom Williams, Summers, Seth Moulton of, Moulton, Republican Sen, Ted Cruz, Rep, Ritchie Torres, Harvard Hillel, Bill Ackman, @harvard, Meredith Weenick, Weenick, Idan Ofer, Batia, Les Wexner, Ackman, Joe McCarthy, Claudine Gay, Craig F, Walker, Gay, Harvard Crimson, Israel's, Joseph Prezioso, Elise Stefanik, Win McNamee, Marc Rowan, Jon Huntsman Jr, Elizabeth Magill, Davis Polk, Wardwell, Winston, Strawn Organizations: Harvard University, Service, Hamas, Harvard, Republicans, Israel Palestinian, UN, Gaza's Hamas, Harvard Palestine Solidarity Groups, Harvard Undergraduate Palestine Solidarity Committee, Inc, Getty, Republican, New York, Palestine, Alpha, CNBC, Harvard Crimson, Conservative, Media, Harvard University Police Department, Quantum, Group, Harvard's Kennedy School of Government, CNN, Wexner Foundation, Bloomberg, Boston Globe, Nepali Student Association, Harvard Undergraduate Palestine Solidarity, Harvard Yard, New York Republican, New, Apollo Global Management, University of Pennsylvania, Huntsman, University, Columbia University, New York University, NYU Student Bar Association Locations: Israel, Gaza, Seth Moulton of Massachusetts, Ted Cruz of Texas, Harvard's, Harvard, Cambridge , Massachusetts, AFP, New York, Utah, Columbia

☆ 3 law students from Harvard and Columbia lost their job offers over their student organizations' statements on the Israel-Hamas war
▼ + stars: | 2023-10-17 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Davis Polk has pulled job offers to three law students from Harvard and Columbia. The firm said the students were part of statements on the Israel-Hamas war that went against the firm's values. The move comes after an NYU law student also had a job offer revoked over a statement on Israel. AdvertisementAdvertisementThe law firm Davis Polk & Wardwell has rescinded job offers to three students from Columbia University and Harvard University due to their involvement in student organizations whose statements on the Israel-Hamas war ran counter to the firm's values. The law firm Winston & Strawn withdrew its job offer to a New York University law student who also published a statement on the Hamas attacks on Israel.

Persons: Davis Polk, —, Neil Barr, Winston, Strawn, Israel Organizations: Harvard, Columbia, Service, Wardwell, Columbia University, Harvard University, law.com, Hamas, Israel Defense Forces, Ministry of Health, New York University, NYU Student Bar Association Locations: Israel, launchcounterattacks, Gaza, Europe

☆ Roblox tells employees they have to come to office three days a week or take severance package
▼ + stars: | 2023-10-17 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

David Baszucki, founder and CEO of Roblox, presents at the Roblox Developer Conference on August 10, 2019 in Burlingame, California. Roblox employees who don't want to work at the gaming company's physical office at least three days a week will need find a job elsewhere. Tuesday's announcement marks an about-face for Roblox, which told employees in May of last year that it was giving "employees the option to either come to the office regularly a few days a week, or to primarily work remotely," coming in for "quarterly get-togethers." Ultimately, however, he said working in an office strengthens the company culture and results in more innovative and productive employees. "A three-hour Group Review in person is much less exhausting than over video and brainstorming sessions are more fluid and creative," Baszucki wrote.

Persons: David Baszucki, Baszucki, JPMorgan Chase, Davis Polk, We've, Barbara Messing Organizations: Roblox, Google, JPMorgan Locations: Burlingame , California, Roblox, San Mateo , California

☆ U.S. Steel explores options after rejecting $7.3 billion offer from Cleveland-Cliffs
▼ + stars: | 2023-08-13 | by ( Jyoti Narayan | Akanksha Khushi | ) www.reuters.com time to read: +3 min

(Reuters) -United States Steel Corp on Sunday launched a formal review of its strategic options, after rebuffing a takeover offer from rival steelmaker Cleveland-Cliffs Inc. FILE PHOTO: Steel workers at U.S. Steel Granite City Works in Granite City, Illinois, U.S., May 24, 2018. REUTERS/Lawrence Bryant/File PhotoThe unsolicited cash-and-stock offer from Ohio-based Cliffs values U.S. Steel at about $7.3 billion, representing a 43% premium to its closing price on Friday. Cliffs said its offer to acquire U.S. Steel had received the support of the United Steelworkers union, which is North America’s largest steel industry union. In a separate statement later Sunday, U.S. Steel confirmed it received an offer from Cliffs and other interested parties.

Persons: rebuffing, steelmaker, Lawrence Bryant, ”, Lourenco Goncalves, Davis Polk, Milbank, Lipton, Katz Organizations: Reuters, United States Steel Corp, Sunday, Cliffs, U.S . Steel, U.S . Steel Granite City, REUTERS, Steel, U.S, China . U.S . Steel, AK Steel Holding Corp, United Steelworkers, Company, UBS, Wardwell, . Steel, Barclays Capital, Goldman Sachs Group, Milbank LLP, Wachtell, Rosen Locations: steelmaker Cleveland, U.S . Steel Granite, Granite City , Illinois, U.S, Ohio, China . U.S, steelmaker, North, Wells Fargo, J.P.Morgan, Cleveland

☆ Peter Thiel paid staff an extra $1,000 a month if they lived close to the office so they were more likely to work late, book says
▼ + stars: | 2023-07-30 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Peter Thiel paid staff an extra $1,000 a month if they lived near the office, a former worker said. The billionaire investor offered it so staff "were more likely to stay late," Michael Gibson wrote. Gibson made the claim in his book "Paper Belt on Fire: The Fight for Progress in an Age of Ashes." Peter Thiel offered his staff a monthly bonus of $1,000 if they lived close to the office, according to a former employee of the billionaire investor. It also offered employees with families a one-off payment of at least $15,000 for housing.

Persons: Peter Thiel, Michael Gibson, Gibson, Thiel, Meta, Davis Polk, Wardwell, they're, Insider's Aaron Mok, Meta didn't Organizations: Employees, Palantir Technologies, Guardian, Bloomberg, Facebook, Street Journal, ARC Locations: San Francisco, Menlo Park, Silicon Valley, ZipRecruiter

☆ In return to office messaging, there's now more stick, less carrot
▼ + stars: | 2023-06-29 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +8 min

This marks a shift from the incentive culture that many companies have been using to lure workers back to the office post-pandemic. But workforce demographics vary widely when it comes to the benefits, and the desire, to return to the office. Employees who work from the office at least three times a week report feeling more connected to their colleagues, a company spokesman said. This could mean, for instance, spelling out to the sales team that Mondays and Wednesdays are in-office days because that's when the bulk of customer interactions happen, and making clear to engineering that Thursdays are in-office days because that's when code reviews happen. This comes as the company will start mandating employees be in the office four days a week, up from three days, after Labor Day.

Persons: Bradford, Bell, William J, Conaty, there's, slowdowns, Morgan Chase, Davis Polk, Sallie Krawcheck, Lynne C, Vincent, Jenny von Podewils, Podewils, Rubab Jafry O'Connor, Neil Barr Organizations: Resources, Center, Cornell University's ILR, Google, Skadden, Wardwell, LaSalle Network, Citi, Bank of America, CNBC, Companies, Whitman School of Management, Syracuse University, Employees, Carnegie Mellon University's Tepper School of Business, Labor Locations: Slate

The preliminary report said Nissan had installed two sets of security cameras at the entrance to Gupta's house in Tokyo's Shibuya ward, the people said. Uchida and Gupta, who was still a Nissan director and chief operating officer on June 20, were recused from the board meeting. In his letter, Nada asked for an international law firm to be brought in to investigate the surveillance of Gupta. Reuters was unable to determine if either law firm had made any finding about the harassment claim itself, beyond how it was handled. Nada said in his letter he understood that Japanese law firm Anderson Mori & Tomotsune had investigated the claim.

Persons: Ashwani Gupta, Makoto Uchida, Davis Polk, Gupta, Uchida, Nissan, Akira Takeuchi, Hari Nada, Nada, Iwata Godo, Motoo Nagai, Nagai, Anderson Mori, Tomotsune, Daniel Leussink, Maki Shiraki, Kevin Krolicki, David Clarke Organizations: Nissan, Renault, Reuters, NEW, Senior Renault, Thomson Locations: Yokohama, Tokyo's Shibuya, Tokyo, French, Austin , Texas

☆ Pyrex kitchenware maker files for Chapter 11 bankruptcy
▼ + stars: | 2023-06-12 | by ( Jonathan Stempel | ) www.reuters.com time to read: +1 min

June 12 (Reuters) - Instant Brands, the maker of Pyrex kitchenware, filed for bankruptcy on Monday, saying it had too much debt to withstand rising interest rates and tighter credit conditions. Instant Brands said it plans to keep operating while it restructures, and toward that end has lined up $132.5 million in financing. "Tightening of credit terms and higher interest rates impacted our liquidity levels and made our capital structure unsustainable," Chief Executive Ben Gadbois said in s statement. Instant Brands' portfolio also includes products such as Instant Pot pressure cookers and Corningware. The case is In re: Instant Brands Acquisition Holdings Inc, U.S. Bankruptcy Court, Southern District of Texas, No.

Persons: Pyrex kitchenware, Ben Gadbois, Davis Polk, Jonathan Stempel, Bill Berkrot Organizations: Brands, Cornell Capital LLC, Instant Brands, Federal Trade Commission, Holdings Inc, Bankruptcy, Southern District of, bk, Thomson Locations: Texas, United States, Canada, Downers Grove , Illinois, USA, China, Southern District, Southern District of Texas, New York

☆ Exclusive: US regulators worried about uninsured deposits before March crisis
▼ + stars: | 2023-04-27 | by ( Douglas Gillison | ) www.reuters.com time to read: +3 min

Officials had yet to do the same for regional banks, some of which had grown to considerable size and complexity, said Gruenberg. One member, Timothy Mayopoulos, who within months would quickly be named chief executive of Silicon Valley Bank after it failed in March, queried regulators about dealing with regional banks' high proportion of uninsured deposits. Banking regulators have come under criticism since March for failing to stave off the crisis triggered by a run on Silicon Valley Bank, most of whose deposit base was uninsured. The Fed and FDIC are expected to release reports on Friday on their supervision of Silicon Valley and Signature Bank. The meeting was the first since the creation of the panel more than a decade ago to consider policy responses to failures in the middle-tier of large financial institutions.

☆ Meet a teacher who quit her job to avoid returning in person — and found a position at a remote-only public school
▼ + stars: | 2023-04-27 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +5 min

A New York City teacher quit her job in March after 12 years at the school. She teaches music and describes the shift to remote learning at the beginning of the pandemic as one that triggered a professional change, too. Parkis is one of many Americans who prefer remote working, even as companies have attempted to entice — and in some cases, strong-arm — employees back to the office. She was teaching full time at a Brooklyn, New York, middle school for 12 years and said her school ended remote learning last year. When she did, she quit right away and began her post at a fully online public school.

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