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☆ Justice Elena Kagan says Supreme Court’s code of conduct needs an enforcement plan. Takeaways from her wide-ranging comments.
▼ + stars: | 2024-07-25 | by ( Devan Cole | ) edition.cnn.com time to read: +11 min

Sacramento, California CNN —Justice Elena Kagan on Thursday defended the code of conduct the Supreme Court created last year, but conceded there needs to be a way to enforce the rules for it to be more effective. “I think that the rules that we put out are good ones,” Kagan said at a judicial conference in Sacramento. “I think that the thing that can be criticized is, you know, rules usually have enforcement mechanisms attached to them. Justice Scalia and Justice Ginsburg pose on an elephant in Rajistan during their tour of India in 1994. Collection of the Supreme Court of the United StatesBut asked on Thursday whether she thought collegiality is important for the court, Kagan made clear that while she saw it as important, it shouldn’t ultimately matter to the public.

Persons: Elena Kagan, ” Kagan, Kagan, ”, “, ’, John Roberts, “ I’m, Roberts, Trump, Joe Biden, Feedback Biden, ‘, ’ ”, eked, Donald Trump’s, Barack Obama, Antonin Scalia, Ruth Bader Ginsburg, Justice Scalia, Ginsburg, collegiality, shouldn’t Organizations: California CNN, Democratic, Judicial, Department, GOP, Biden, Department of Education, Trump, CNN Locations: Sacramento, California, Washington, Rajistan, India

☆ Woman Could Have Prevented Great Recession; Ignored by Wall Street Men
▼ + stars: | 2024-03-04 | by ( Josie Cox | ) www.businessinsider.com time to read: +21 min

The story of Brooksley Born is not only the tale of a remarkable regulator whose Cassandra-like warnings — if heeded — could've prevented the great financial crisis from exploding into raging, ruinous enormity. Not long after she assumed chairmanship of the CFTC, Born started to feel a lingering unease with the rapidly expanding derivatives market. So to Rubin, Born was more of an inconvenience than anything, and she certainly wasn't in his club. Not long after, Treasury officials lobbied Congress to pass legislation preventing the CFTC from being able to regulate the OTC derivatives market. In the months and years that followed, it became increasingly hard to deny that the multi-trillion-dollar OTC derivatives market was the root cause of the great financial crisis.

Persons: Lehman Brothers, jolting, — could've, It's, Potter Stewart, Henry Edgerton, Porter, she'd, Bill Clinton, Clinton, Janet Reno, Brooksley, Michael Greenberger, Born, Gibson, weren't, Robert Rubin, Goldman Sachs, Rubin, Michael Hirsh, Alan Greenspan, Greenspan, Ayn Rand, Hirsh ., Hirsh, Greenspan didn't, braggadocian machismo, lauding Rubin, Lawrence Summers, Arthur Levitt, Josie Cox, Levitt, Summers, Jim Leach, Richard Lugar, —, Bethany McLean, Joe Nocera, Bob Rubin, Born's Cassandra, George W, Bush, Lauren Rivera, Christine Lagarde, Lehman, ABRAMS Organizations: Stanford University, Stanford Law School, Stanford, Appeals, District of Columbia Circuit, Arnold, Futures Trading Commission, American, CFTC, Bankers Trust, Procter, Gamble, Sumitomo, Federal Reserve, Fed, Securities and Exchange Commission, Financial Markets, Abrams, Term Capital Management, Enron, SEC, Born, Northwestern's Kellogg School of Management, Financial, International Monetary Fund, Lehman Brothers, Reuters, Street, The Washington Post, Guardian, Abrams Press Locations: California, Vietnam, United States, Washington, America, ABRAMS , New York

☆ In one week, the GOP could win a political trifecta in Virginia that could upend abortion access in the South
▼ + stars: | 2023-10-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Virginia is a critical Southern battleground in the fight over abortion policy ahead of 2024. Winsome Sears and now-Attorney General Jason Miyares in a GOP sweep that put Democrats on notice that Virginia still had a purplish tinge. The Virginia State Capitol in Richmond. Zach Gibson/Getty ImagesA GOP trifecta would be a stunning development for Virginia, which only two years ago had a government controlled by Democrats, with then-Gov. This year, Democrats in the state Senate were able to block his proposal, making the chamber a bulwark against his plans.

Persons: Glenn Youngkin, —, Roe, Wade, Youngkin, Winsome Sears, Jason Miyares, Barack Obama, it's, Zach Gibson, Ralph Northam Organizations: Republican Gov, Service, Gov, GOP, Democratic, Hampton Roads, Republicans, Schar, Virginia State Capitol, Democrats, Commonwealth, Southern Locations: Virginia, Commonwealth, Northern Virginia, Hampton, Richmond's, —, Washington, Richmond, Southern, Florida, South Carolina

☆ What the Street missed in earnings at Apple and Amazon — and where shares go next
▼ + stars: | 2023-08-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

In one quarter — one off-cycle quarter that didn't feature a no new iPhone — Apple (AAPL) delivered a whopping $81.8 billion in sales. I came up with "own it, don't trade it" for Apple because there have been so many quarters like this one. The people who sold Apple shares on Friday no doubt sold it on their Apple devices. I would be more worried if Apple's customer satisfaction went down than I am that iPhone sales lagged. Apple CEO Tim Cook speaks during Apple's Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023.

Persons: Tim Cook, Luca Maestri, Tim, Jensen, da, Huang, Andy Jassy, Roku, Jassy, Goldman Sachs, Jim Cramer's, Jim Cramer, Jim, Josh Edelson Organizations: Apple, ESPN, Amazon, Web Services, Nvidia, Services, Walmart, Oracle, Amazon Web, Google, Jim Cramer's Charitable, CNBC, Apple's Worldwide, AFP, Getty Locations: Indonesia, India, Philippines, Mexico, Turkey, Texas, New Jersey, Cupertino , California

☆ Daily Harvest threw a superhero-themed party for employees as it was dodging questions about sick customers
▼ + stars: | 2023-07-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Daily Harvest threw a superhero-themed party as part of a retreat last fall, Bloomberg reported. Photos of the event made their way to social media, where Daily Harvest customers who had consumed the company's French Lentil + Leek crumbles reacted poorly. "Like many businesses, Daily Harvest had an annual retreat to discuss business priorities as well as build camaraderie and collegiality among the team," Daily Harvest told Insider. Daily Harvest, which Drori founded in 2015, made a name for itself by selling frozen foods that can be used to make smoothies, soups, and other meals. Under Drori's leadership, Daily Harvest started working with influencers to promote its food.

Persons: Leek crumbles, marshmallows, Harfest, Rachel Drori, Drori, crumbles, Gross, influencers Organizations: Bloomberg, Leek, Service, Daily Harvest, Bloomberg Businessweek, Harvest Locations: Wall, Silicon, Connecticut

☆ What to expect from the Fed’s decision on rates
▼ + stars: | 2023-07-26 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

Fed Chair Jerome Powell’s remarks during an annual gathering of central bankers and economists in Wyoming next month could shed more light on what to expect for the September decision. There are three possibilities for what the Fed might do moving forward, according to economists: a second consecutive rate hike in September, one in November, or no more rate hikes after July. The Commerce Department releases the June reading of the Fed’s favorite inflation measure Friday. The Fed held rates steady for nine straight meetings over the span of a year the last time it paused a rate-hiking campaign in 2006. Nearly all of the Fed’s decisions have been unanimous since the central bank began lifting rates in March 2022, with the exception of two meetings early in the Fed’s current inflation battle.

Persons: it’s, Jerome Powell’s, It’s, haven’t, inflation’s, Ben Bernanke, Raphael Bostic, there’s, hawkish, “ Powell, ” Seema Shah, Powell, Christopher Waller, you’re, ”, José Torres, ” Powell, Jerome Powell Organizations: DC CNN, Federal, Fed, Commerce Department, Market Committee, Atlanta Fed, Asset Management, CNN, ”, The Labor Department, Interactive Locations: Washington, Wyoming, —

☆ What to expect from this week’s Fed meeting
▼ + stars: | 2023-07-25 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

After the Fed’s July monetary policy meeting, which concludes on Wednesday, investors will be looking for more details around that potential hike. That’s why the Fed is trying to retain the option of another rate increase in case inflation proves to be more resilient than expected. Fed Chair Jerome Powell’s remarks during an annual gathering of central bankers and economists in Wyoming next month could shed more light on what to expect for the September decision. There are three possibilities for what the Fed might do moving forward, according to economists: a second consecutive rate hike in September, one in November, or no more rate hikes after July. Whatever the Fed decides to do won’t come without a vigorous debate, and perhaps even a dissent, though the Fed has a tradition of collegiality.

Persons: —, it’s, Jerome Powell’s, It’s, haven’t, inflation’s, Ben Bernanke, Raphael Bostic, there’s, hawkish, “ Powell, ” Seema Shah, Powell, Christopher Waller, you’re, ”, José Torres, ” Powell, Jerome Powell Organizations: DC CNN, Federal, Fed, Commerce Department, Market Committee, Atlanta Fed, Asset Management, CNN, ”, The Labor Department, Interactive Locations: Washington, Wyoming, —

☆ Despite shakeup at the Fed, a rate hike in September is likely
▼ + stars: | 2023-07-17 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

Fed Chair Powell has said the Fed still has more work to do, and he himself hasn’t ruled out back-to-back rate hikes. But he also suggested that the Fed prefers to get rate hikes over with as soon as possible. The Fed is overwhelmingly expected to raise its key federal funds rate later this month after it paused in June after 10 straight rate hikes. If core inflation continues to moderate only slightly, Fed officials might just want to get the second rate hike over with. The FOMC next meets on July 25-26, with an announcement on rate hikes due at 2 p.m.

Persons: Louis, James Bullard, Adriana Kugler, Powell, hasn’t, Christopher Waller, ” Waller, ”, weren’t, Kugler, That’s Organizations: DC CNN, Federal Reserve, Fed, Louis Fed, Market Committee, “, New York University Locations: Washington, April’s

☆ DEI Brings Kafka to My Law School
▼ + stars: | 2023-05-10 | by ( Scott Gerber | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/dei-brings-kafka-to-my-law-school-ohio-tenure-collegiality-viewpoint-discipline-102d62b8

☆ The drama and politics in my office are so distracting that I have to work harder to make up for lost time
▼ + stars: | 2023-04-03 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +5 min

Insider's latest work-advice column is about how to handle the drama seekers in your office. I often feel myself drawn into it, and then I'm less productive and I have to work harder to make up for lost time. After all, we spend most of our waking hours at work, going to and from work, and thinking about work. You need to make a concerted effort to preserve your well-being, Lyons said. And for my fellow drama kings and queens, maybe it's time we hang up our crowns — at least some of the time.

☆ A Democratic Nebraska lawmaker vowed to filibuster every bill so the GOP-led legislature couldn't ban abortion and limit transgender health care: 'I want to annoy you'
▼ + stars: | 2023-02-24 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +3 min

A Nebraska lawmaker promised to filibuster every bill introduced this session in order to block an abortion ban. Senator Machaela Cavanaugh is also trying to stop a bill that would ban gender-affirming care for minors. "This is how the session is gonna be — for every bill," Cavanaugh told KMTV. At Thursday night's session, Cavanaugh was heard filibustering through Legislative Bill 147, KMTV reported, but she isn't stopping there. Cavanaugh told KMTV "her fellow senators forced her hand with their lack of collegiality."

☆ Matt Gaetz says he wants C-SPAN cameras back on the House floor days after they showed GOP chaos during speaker vote
▼ + stars: | 2023-01-10 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +3 min

Rep. Matt Gaetz said he wants to bring C-SPAN cameras back to the House floor. C-SPAN cameras were able to freely capture the House speaker votes last week. The current pool view of Congress, mainly restricted to recording whichever lawmaker is speaking at the dais, is "antiquated and a little boomer-fied," Gaetz told Fox News. The four-day-long battle to elect a House speaker ended early Saturday morning with Rep. Kevin McCarthy securing the gavel. And the country doesn't get to see those," Gaetz told Fox News.

☆ Liz Cheney endorses Democratic Rep. Elissa Slotkin over GOP hopeful Tom Barrett in Michigan as part of her crusade to derail 2020 election deniers
▼ + stars: | 2022-10-27 | by ( Warren Rojas | ) www.businessinsider.com time to read: +4 min

Republican Rep. Liz Cheney has endorsed Democratic Rep. Elissa Slotkin for reelection. Cheney has crossed party lines because Slotkin challenger Tom Barrett is a 2020 election denier. A Jan. 6 committee leader, Cheney has resolved "to make sure those people don't get elected." Slotkin, a two-term lawmaker, is facing off against Barrett, a Michigan state senator, this November. Barrett brushed off the endorsement as grandstanding by "establishment war hawks" with a "senseless thirst for more foreign entanglements."

Curtis Ried, a career foreign service officer and veteran of the National Security staff for two presidents, has been named as the NSC’s new chief of staff, officials tell NBC News. He has traveled regularly with President Biden at home and abroad, another key factor in his selection. Ried in particular played a key role in working with the United Nations and rebuilding the refugee admissions program. That number doesn’t include so-called DNC “fellows” and other part time staff who are engaged in some of the key party efforts, especially voter registration. Obama has already done fundraisers for the National Democratic Redistricting Committee (August 30 in Martha’s Vineyard) and the Democratic Senatorial Campaign Committee (Sept. 8 in New York).

☆ Curious why you didn't get that job? HR execs reveal ways they warn other employers not to hire train-wreck candidates.
▼ + stars: | 2022-08-28 | by ( Ebony Flake | ) www.businessinsider.com time to read: +7 min

Some HR pros use coded language to warn counterparts about train-wreck job candidates. There are discreet signals human-resources pros flash to one another to warn about job candidates who look good on paper but are disasters in the workplace. This HR Morse code, often undetectable by job seekers, can determine whether someone lands a job or gets ghosted by a would-be employer. Loose lips can sink careersWhile employers are generally permitted to provide truthful information about former employees to prospective employers, Barreto advises clients to avoid discussing how former workers performed. Kelley warns that employers who make hiring decisions based on word of mouth risk missing out on strong candidates.

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