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☆ Andy Paley, Whose Imprint Was All Over Pop Music, Dies at 73
▼ + stars: | 2024-11-27 | by ( Alex Williams | ) www.nytimes.com time to read: +1 min

The death, at a hospice facility, was caused by cancer, his wife, Heather Crist Paley, said. A curator of the spirit of classic 1960s pop, Mr. Paley played many roles over an ever-evolving career. Later that decade, he banded with his younger brother, Jonathan, to form a highly regarded, if short-lived, pop duo, the Paley Brothers. With their winsome looks and mops of blond hair, they appeared in the pages of teen bibles like 16 Magazine and Tiger Beat and toured with the pop confection Shaun Cassidy. A skilled multi-instrumentalist, Mr. Paley often went on the road with his close friend Mr. Richman and filled in on keyboards on Patti Smith’s 1976 tour of Europe.

Persons: Andy Paley, Jerry Lee Lewis, Jonathan Richman, Brian Wilson, flameout, Heather Crist Paley, Paley, Billy Squier, Jonathan, Shaun Cassidy, Mr, Richman, Patti Smith’s Organizations: Beach Boys, Beat Locations: Colchester , Vt, Boston, Europe

☆ Chuck Todd: Harris avoids some big questions, but Trump’s lack of control costs him
▼ + stars: | 2024-09-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Chuck-Todd-Circle-Byline-Template.Jpg | Chuck Todd | ) www.nbcnews.com time to read: +9 min

It wasn’t until Trump’s closing statement that he tried to effectively pin Vice President Kamala Harris to President Joe Biden’s administration. Not only did Trump fail to connect Harris more directly with the Biden years, but so did the questions. And Harris certainly took advantage of every opportunity to turn many of the questions directed at her or the Biden-Harris administration back on Trump. And Harris also benefited because the moderators didn’t always follow up with her when she didn’t answer their questions directly. (Again, Trump didn’t acknowledge any failures in his administration other than the people he fired, and Harris didn’t seem to hug the Biden-Harris record very much.)

Persons: Donald Trump, Trump, Don’t, Kamala Harris, Joe Biden’s, Harris, Biden, It’s, goad Trump, Biden’s flameout, Hillary Clinton, didn’t, “, won’t, Biden —, Harris didn’t Organizations: Biden, Trump, Trump Republicans Locations: Harris

☆ With Surprise Reversal, Biden Rewrites His Legacy and Makes a Play for History
▼ + stars: | 2024-07-22 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

In his first memoir, President Biden reflected on what at the time was the most searing moment of his political career. He had withdrawn from his first presidential campaign in disgrace, driven out by charges of plagiarism. But he resolved not to let it be the end of his story. As he sat in isolation with Covid at his Delaware beach house these past few days, hacking and hacked off, Mr. Biden certainly did not want to go out without a fight. His Irish was up, as he would put it, about all those allies pressuring him to step down out of concern that he was too old to win the race.

Persons: Biden, ”, “, Covid, Donald J, Trump, Jon Meacham, Mr Locations: Washington, Delaware

☆ A new documentary wrestles with the highlights — and lowlights — of John Galliano’s controversial career
▼ + stars: | 2024-03-12 | by ( Trey Taylor | ) edition.cnn.com time to read: +9 min

CNN —After a first intervention for the fashion house’s seismic creative director John Galliano failed, Dior’s then-CEO Sidney Toledano staged a second, more serious one. In response, as Toledano recounts in the new documentary “High & Low: John Galliano,” the then-50-year-old gym-obsessive ripped open his shirt to reveal a rippling torso and said, “Does this look like the body of an alcoholic?”And so the designer’s drinking and pill-popping rolled on. At least, “High & Low” director Kevin Macdonald, whose documentary performs a thrilling autopsy of Galliano’s career collapse, thinks so. Nicholas MatthewsUnraveling threadsAs its title suggests, “High & Low” scrutinizes the designer’s extraordinary rise and dramatic flameout. John Galliano, pictured at his home in Beauvais, France.

Persons: John Galliano, Dior’s, Sidney Toledano, Galliano, Dior, Bernard Arnault, Arnault, Toledano, ”, Perle, Hitler, ” John Galliano, France —, Dominique Charriau, decamped, Low, Kevin Macdonald, I’d, ” Macdonald, “, ’, Macdonald, Anna Wintour — Galliano’s, —, Wintour, ’ ” Macdonald, shouldn’t, I’m, John —, Nicholas Matthews Galliano, Nicholas Matthews, ” Johann Brun, John, “ John, ” Galliano, John Galliano’s, Derek Hudson, He’s, you’d, John then, Tim Blanks, Cecil B, DeMille, Kate Moss, Jamie Hince, Oscar de la, Maison, Pat McGrath, Galliano’s, it’s Organizations: CNN, Paris Fashion, Couture, Rodin, Dior, Hulton Locations: Paris, France, Scottish, Couture, Beauvais

Forgive Florida voters for feeling a little whiplash. Ron DeSantis appeared unstoppable in late 2022. He had just won re-election, thumping his opponent by nearly 20 percentage points in a victory attributed in large part to voters rewarding him for his handling of the coronavirus pandemic. But this week, he dropped out of the Republican presidential race after a single contest, in Iowa, where he received a thumping of his own, losing to former President Donald J. Trump by about 30 points. “I thought he was going to go all the way,” said Taylor Brame, 24, who moved to Florida in part because she was a fan of Mr. DeSantis’s minimal restrictions during the pandemic.

Persons: Ron DeSantis, Donald J, ”, Taylor Brame Organizations: Florida, Republican, Trump Locations: Iowa, Florida

☆ Chaos at OpenAI ensues
▼ + stars: | 2023-11-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

In today's big story, we're looking at the continued fallout from the shocking Sam Altman ouster at OpenAI. Altman is alive and well, but his run as CEO of OpenAI ended abruptly on Friday. But in the days since his firing, he's escaped a messy weekend looking like the ultimate hero, Business Insider's Katie Notopoulos writes. To be fair, Microsoft CEO Satya Nadella and OpenAI CEO Emmett Shear don't seem to know why either. Meanwhile, Salesforce's Marc Benioff is already actively recruiting OpenAI employees on X.

Persons: —, Sam Altman, Altman, OpenAI, he's, Katie Notopoulos, Altman isn't, Ilya Sutskever —, Sutskever, Kali Hays, Satya Nadella, Emmett Shear, Satya Nadella Stephen Brashear, Julie Bort, Microsoft's Nadella, Nadella, that's, Madeline Renbarger, That's, It's, Kali, Ashley Stewart, Salesforce's Marc Benioff, Scott Olson, Bridgewater's, Greg Jensen, Jim Chanos, Elon, New York Jefferson Siegel, Nvidia's, Jensen Huang, execs, Elon Musk, Linda Yaccarino, Arantza Pena Popo, Camila Téllez, Melkorka, Téllez, Carly Rae Jepsen, Björk, Colleen Ballinger, Clinton, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Microsoft, Getty, BlackRock, Reuters, Nvidia, Elon, HP, Nordstrom, Clinton Lee Locations: OpenAI, Silicon Valley, Bridgewater, New York, Texas, Millennials, New York City, San Diego, London

☆ Cami Téllez's underwear startup Parade went bust, and employees blame her. Is it OK to write about it?
▼ + stars: | 2023-11-21 | by ( Melkorka Licea | ) www.businessinsider.com time to read: +28 min

Owning Gucci loafers "wouldn't make me any less capable of leading my team," Téllez rightfully pointed out. Most startups attract people who know this and are excited by it, and Parade employees were no different. "Like any for-profit company, Parade sought to make money and deliver value for shareholders," she told Business Insider. Téllez told staffers DeFuria was sick, and some were worried enough to send flowers to his home. Téllez told employees that they should be receiving offers for positions at AAI "within the next 72 hours at the latest."

Persons: Camila Téllez, I'd, —, Steph Korey, Audrey Gelman, they'd, Steve Jobs, I've, Emily Weiss, Marc Andreessen, Téllez, Gen Zers, Calvin Klein, Cami, Cami Téllez's, she'd, Gucci loafers, Slack, Rhonda Moret, there's, Jack DeFuria, Shakira, Warby Parker's, Neil Blumenthal, Peyton Dix, Jeffries, Evan Mock, Kamala Harris, Ella Emhoff, Gen, Karli Kloss, Omar, who'd, Ty Haney —, — Téllez, Kerry Steib, Meredith Gillies, we've, Steib, I'm, Lyndsey Arnold, Arnold, Lailee, Taghdisi, DeFuria, Kristen Dolzynski, Dolzynski, commenter, weren't Organizations: Ariela, Associates International, AAI, CNBC, Columbia University, NYU, Parade, West Dakota, Forbes, longtime, American, Karli, Voices, Spotify, North America, Employees, Casper, Casa de, Former Locations: New York, Instagram, New, Téllez, York, Colombia, North, SoHo, Dominican Republic

☆ Wyndham Clark Captures the U.S. Open
▼ + stars: | 2023-06-18 | by ( Alan Blinder | ) www.nytimes.com time to read: +1 min

Clark’s time on top ended swiftly, when he bogeyed the second hole for the second time this week. The sixth hole had unnerved players for days, a par-4 concoction with a blind tee shot and demanding terrain. Clark had managed a birdie there on Thursday, before making par on Friday and Saturday. On Sunday afternoon, seeking a slightly larger gap between himself and everyone else, Clark stood at the tee and sent his shot soaring 266 yards. The ball crashed onto the green, rolling past the cup but setting up a short putt for birdie and a two-stroke lead.

Persons: Clark, Beverly Hilton, McIlroy, Fowler Organizations: Beverly Locations: Wilshire

☆ Instant Pot was once the hot new kitchen gadget. Now it's filed for bankruptcy.
▼ + stars: | 2023-06-14 | by ( Morning Brew | ) www.businessinsider.com time to read: +3 min

Instant Pot was a kitchen gadget darling, but it's now gone cold. Now, the parent company of Instant Pot is declaring bankruptcy to get its finances in order. Its parent company, Instant Brands, which also owns Pyrex and CorningWare, filed for Chapter 11 bankruptcy Monday to get its battered finances in order. The group ramped up hiring and pushed Instant Brands to come out with new gadgets, like air fryers and an air purifier (which flopped). Instant Brands, whose labels also include Corelle, Snapware, CorningWare, Visions and Chicago Cutlery, said it has received a commitment for new financing from its existing lenders.

Persons: it's, —, Ben Gadbois Organizations: Service, Instant Brands, Cornell Capital, Corelle Brands, Brands, NPD Group, US, Court, Southern, Southern District of, Associated Press Locations: Southern District, Southern District of Texas, Chicago

☆ $1 Billion Federal Agency Seeks a Boss Who Will Show Up for Work
▼ + stars: | 2023-06-07 | by ( Elizabeth Williamson | ) www.nytimes.com time to read: +2 min

Recent inspector general reports document waste, absenteeism, contracting irregularities, workplace misconduct and sexual harassment at an agency with an annual budget of $1.3 billion. Some 17 agency employees knew about Mr. Blanton’s misconduct but did not report it. Failures of the Capitol Police Board (the architect is one of three voting members) and Mr. Blanton’s failed response contributed to the Jan. 6 Capitol breach, according to a Senate report. “The report is filled with errors, omissions, mischaracterizations, misstatements and conclusory statements lacking evidence,” he said. “Problem after problem after problem,” Thomas J. Carroll III, a former acting architect of the Capitol, told investigators.

Persons: Blanton’s, Alexandria Ocasio, House Cannon, Blanton, “, ”, ” Thomas J, Carroll III Organizations: Capitol, House, Capitol Police Board, Committee Locations: Cortez, New York

☆ No 'immediate path forward': CFTC is talking to Binance after launching legal action, official says
▼ + stars: | 2023-04-25 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

A Commodity Futures Trading Commission official said Tuesday that she hopes to find a "path forward" in the regulator's legal battle with crypto exchange Binance, noting that no decision has been taken yet on whether to settle the case or take it to court. Kristin N. Johnson, commissioner at the CFTC, said that the regulator has been in conversations with Binance to address its concerns about the company's conduct. And I want to say that typically, in the context of any litigation, we are always ready to have conversations and typically even ahead of the litigation," Johnson said in an interview with CNBC's Arjun Kharpal Tuesday. "As of the moment, we can conclude that there is not an immediate path forward," she added. Her comments mark a rare statement on the Binance suit to media since the CFTC first announced it was suing the company on Mar.

☆ Cramer: Here's why I plan to trim some stocks at this stage of the bull market
▼ + stars: | 2023-04-02 | by ( Jim Cramer | ) www.cnbc.com time to read: +17 min

Back when bulls were everywhere From the time the great bull market began in 1982 until the financial collapse of 2007, we pretty much assumed stocks would always go higher. We often forget what the Great Recession of 2007 to 2009 was all about. A runaway bull market in all but banks — which are actually fueling the rally with their own ineptitude. My closing take, though, is that we have at last shaken off the ghosts of the Great Recession. But accept we are in a bull market and recognize that those who don't know it yet never will.

☆ House weaponization panel seeks to eclipse January 6 committee's $18M+ budget despite rocky start
▼ + stars: | 2023-03-08 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

House weaponization panel chair Jim Jordan is already seeking more money from leadership. Jordan requested a $19 million budget, which is roughly what the January 6 select committee spent. His pitch for an additional $17 million in resources, first reported by Axios, includes doubling his initial $2 million budget and carving out a $15 million "reserve fund" the new political investigation unit can draw from as needed. Between the select committee disbanding after releasing its politically damning final report and House Republicans rearranging things on every committee after narrowly reclaiming control of the chamber last fall, tracking every select committee financial statement has gotten tricky. Sherman scolded House GOP leaders for demanding budget cuts elsewhere, but then throwing money at poorly received pet projects like the "flameout that the weaponization committee just experienced with its so-called whistleblowers hearing."

☆ Rise of 'zombie' VCs haunts tech investors as plunging valuations hammer the industry
▼ + stars: | 2023-02-16 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

Startup investors are increasingly warning of an apocalyptic scenario in the VC world — namely, the emergence of "zombie" VC firms that are struggling to raise their next fund. Life becomes harder for zombie firms in a higher interest rate environment, as it increases their borrowing costs. Investors expect this gloomy economic backdrop to create a horde of zombie funds that, no longer producing returns, instead focus on managing their existing portfolios — while preparing to eventually wind down. "There are definitely zombie VC firms out there. "We're going to see a lot more zombie venture capital firms this year," Steve Saraccino, founder of VC firm Activant Capital, told CNBC.

It’s the start of a class known as high-intensity interval training, a combination of treadmill and weight-lifting, at the boutique fitness studio Barry’s. The brothers and Rondeau, who now serves as Planet Fitness’ chief executive, hit upon a concept. Planet Fitness’ tag, “judgement free zone” is true to form. Part of the appeal is its $10 a month basic membership fee – which hasn’t changed – that Planet Fitness primarily collects through electronic funds transfers. Still, with solid and regular profits and a reasonable amount of debt, Planet Fitness has staying power, even if shareholders lose their shirts while its valuation comes in line.

☆ FTX flameout showed investors bought crypto for the wrong reasons. Why most are hoping that'll change in 2023
▼ + stars: | 2022-12-18 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +6 min

In some ways, disgraced FTX CEO Sam Bankman-Fried helped bring more legitimacy to crypto, pushing it further into the mainstream. Decentralized finance has exploded in popularity, but there are other uses for digital assets that people are excited about. Now is a good time for investors to gain knowledge, and doing so would help them solidify their crypto investment thesis in 2023, he said. Specifically, Blumberg added, leaving funds on centralized exchanges is far more dangerous than keeping custody of funds yourself. "The smart investors are seeing this and remembering that what we have here is a fixed supply and, growing demand."

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