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He said access to investing can help solve this conundrum, while also pondering if the expectation for everyone to receive Social Security benefits at age 65 has become archaic. Worsening the outlook is a Social Security system that's said it will not be able to pay full benefits by 2034. The 71-year-old believes the American retirement system has entered such a deep crisis that it has become a once-in-a-generation issue. That's because this both can benefit individuals and help ensure the long-term health of Social Security. Increasing lifespans create further difficulties when trying to improve the retirement system, Fink said.
Persons: Larry Fink, Fink, that's, it's, Organizations: BlackRock, Social, Census Bureau, Security, Social Security Locations: America, Ottoman Empire
The U.S. Investors Caught in the Scrum Over TikTok
  + stars: | 2024-03-26 | by ( Lauren Hirsch | ) www.nytimes.com   time to read: +1 min
For years, the U.S. investors who backed ByteDance, the Chinese internet company that owns TikTok, have wrestled with the complexities of owning a piece of a geopolitically fraught social media app. A bill to force ByteDance to sell TikTok is winding its way through the Senate after sailing through the House this month. In December, a Missouri pension board voted to divest from some Chinese investments, following political pressure from the state treasurer. The Beijing-based company has grown into one of the world’s most highly valued start-ups, worth $225 billion, according to CB Insights. That’s a boon, at least on paper, for U.S. investors who put money into ByteDance when it was a smaller company.
Persons: it’s, ByteDance, Biden Organizations: Senate, General Atlantic, Susquehanna International Group, Sequoia Capital, Administration, U.S Locations: U.S, China, Missouri, Florida, Beijing, ByteDance
CNN —Homes belonging to Sean “Diddy” Combs were searched by authorities Monday because he is a target of a federal investigation carried out by a Department of Homeland Security team that handles human trafficking crimes, according to a senior federal law enforcement official briefed on the investigation. Agents were authorized to search for documents, phones, computers and other electronic devices that hold data or videos, the second law enforcement source said. A law enforcement source earlier told CNN that Monday’s searches were related to an ongoing sex trafficking investigation. Law enforcement officers ride a vehicle near a property belonging to Sean "Diddy" Combs on Monday in Los Angeles. At least one armored law enforcement vehicle was seen arriving at the Los Angeles property, and agents were processing paperwork on card tables outside the Miami-area home.
Persons: Sean “ Diddy ” Combs, Combs, HSI, , ” Combs, Sean, Diddy, Eric Thayer, Casandra “ Cassie ” Ventura, ” Ben Brafman, Mr, Ventura, ” Weeks, , videographer Rodney “, Rod ” Jones, Jones, Shawn Holley, Department of Homeland Security’s, , CNN’s Josh Campbell, Holmes Lybrand, Elizabeth Wagmeister, Carlos Suarez Organizations: CNN, Homes, Department of Homeland Security, Southern, of, Miami, Star Island, Mobile, Star, Homeland Security, HSI –, Department of Homeland Locations: of New York, New York, Los Angeles, Miami, New York’s, Star
CNN —The Supreme Court on Tuesday will hear its first abortion case since the 2022 reversal of Roe v. Wade and upheaval of reproductive rights in America. All the while, public regard for the Supreme Court has degenerated. Supreme Court Justice Stephen Breyer is photographed at his home in Cambridge, Massachusetts, in September 2015. Dirck Halstead/The LIFE Images Collection/Getty Images Breyer and his daughter Chloe jog with Clinton in May 1994. Mai/The LIFE Images Collection/Getty Images Breyer works in his office with his staff of clerks in June 2002.
Persons: Roe, Wade, Joe Biden, Donald Trump, Dobbs, Biden, Elizabeth Prelogar, mifepristone, Prelogar, what’s, , Susan B, Anthony Pro, , Evelyn Hockstein, Breyer, Stephen Breyer, Justice Ketanji Brown Jackson, Samuel Alito, Hodges, Trump, , ” Breyer, Damon Winter, Stephen, Irving, Anne, Charles ., Chloe, Nell, Michael —, Joanna Breyer, Ira Wyman, Sygma, Byron White, Ruth Bader Ginsburg, John Harrington, Joanna, John Tlumacki, Bill Clinton, Clinton, Harry Blackmun, Dirck Halstead, Doug Mills, US Sen, Ted Kennedy, Laura Patterson, John Blanding, Colin Powell, George W, Bush, Mai, David Hume Kennerly, Seuss, Evan Vucci, Charles, Marcio Jose Sanchez, William Rehnquist, Clarence Thomas, David Souter, William Kennedy, Antonin Scalia, Sandra Day O'Connor, John Paul Stevens, Chip Somodevilla, John Roberts, Pablo Martinez Monsivais, Samuel Alito's, Gerald Herbert, Cole Mitguard, Mourning, Penni Gladstone, Clara Scholl, Elise Amendola, Nicholas Kamm, Michelle Obama, Barack Obama, Alex Wong, ABC's George Stephanopoulos, Heidi Gutman, Andrew Harrer, Hu Jintao, Eli, Shutterstock Breyer, Britain's Prince Charles, Mandel Ngan, Tom Williams, Carolyn Kaster, Ben Bradlee, Bill O'Leary, Pete Marovich, Stephen Colbert, Jeffrey R, Win McNamee, Elena Kagan, Neil Gorsuch, Anthony Kennedy, Sonia Sotomayor, Maureen Scalia, Andrew Harnik, Brett Kavanaugh, Amy Coney Barrett, Erin Schaff, Abraham Lincoln, George Washington, Saul Loeb, Ketanji Brown Jackson, Patrick, Fred Schilling, Matthew Kacsmaryk, Erin Hawley, GYN, Organizations: CNN, Alabama Supreme, Republican, Food, Drug Administration, FDA, Jackson, Health Organization, District of Columbia, America, United States Conference of Catholic Bishops, Alamo Women's, Reuters, Supreme Court, Democratic, Supreme, New York Times, Harvard Law School, Appeals, First Circuit, Circuit, Getty, White House, Airport, Boston Globe, US, Suffolk University Law School, Francisco's Lowell High School, San Francisco Chronicle, Belgium's Catholic University of Louvain, Georgetown University Law Center, Administrative, Administrative Conference of, Jewish American Heritage Month, Walt Disney Television, Bloomberg, White, Office, Committee, Washington Nationals, Washington Post, Financial Services, General Government, CBS, State, The New York Times, Library of Congress, Alliance, Hippocratic, Alliance for Hippocratic, OB, Department, Justice Locations: America, New York, Carbondale , Illinois, Cambridge , Massachusetts, Maine , Massachusetts, New Hampshire, Puerto Rico, Rhode Island, AFP, San Francisco, Lowell, Washington , DC, United States
Menendez announced Thursday that he would not run for reelection in the Democratic primary but again left open the possibility of an independent bid this summer. New Jersey Rep. Andy Kim greets supporters outside the Bergen County Democratic convention in Paramus on March 4, 2024. “Corrupt systems like the ‘county line’ in New Jersey (is) an enemy because that dissuades folks from actually getting involved. Kim speaks to delegates during the Bergen County Democratic convention in Paramus, New Jersey, on March 4, 2024. In Camden County, where the local boss keeps a tighter grip, video of another Senate candidate, progressive Patricia Campos-Medina, being blocked from entering the county Democratic convention went viral.
Persons: Andy Kim, Donald Trump, Joe Biden, Tammy Murphy, Kim, Murphy, Sen, Bob Menendez, Menendez, Phil Murphy, Seth Wenig, Olivia Liu, , Trump, , Julia Sass Rubin, Rubin, ” Rubin, Sue Altman, ” Altman, Goldman Sachs, Cori Bush, Ezra Levin, Levin, ” Levin, isn’t MAGA, don’t, we’ll, Altman, Zahid Quraishi’s, ” “ I’m, ” Kim, , Kim’s, Alexandra Altman, Katey Sabo, Matt Platkin, Platkin, Governor Murphy, ” Murphy, Mahen Gunaratna, Patricia Campos, Rachel Hodes, ” Hodes, Steven Fulop, ” Fulop, “ I’ve Organizations: Jersey City , New Jersey CNN, Democratic, Garden State, Democrats, Capitol, New, . New, . New Jersey Rep, Bergen County Democratic, Tammany Hall of, New Jersey Democratic, , Asbury Park Press, USA, Though New, Though New Jersey Democrats, Congressional, Democratic National Committee, Justice Democrats, Democratic Party, Families Alliance, CNN, , Hoboken Democrats –, Hudson County Democratic Organization, Hoboken Democratic, Hoboken Democrats, Jersey City, Senate, New Jersey Republicans Locations: Jersey City , New Jersey, Trenton, South Jersey, New Jersey, Garden, ., . New Jersey, Bergen County, Paramus, Siberia, Long Branch , New Jersey, Rutgers, enmesh, Though, Though New Jersey, Alexandria, Cortez, New York, Missouri, Paramus , New Jersey, Jersey, Kim’s, Morris, Atlantic, Camden County, Medina, Hoboken
The SpaceX logo is shown on a Falcon 9 rocket as it is prepared for launch to carry NASA's SpaceX Crew-8 astronauts Matthew Dominick, Michael Barratt, and Jeanette Epps, and Roscosmos cosmonaut Alexander Grebenkin to the International Space Station at the Kennedy Space Center, in Cape Canaveral, Florida, U.S., March 2, 2024. The National Labor Relations Board accused SpaceX in a new complaint of entering into unlawful severance agreements with terminated employees nationwide. The unfair labor practices complaint comes two months after SpaceX filed a federal lawsuit challenging the legality of the NLRB's oversight authority, and after the federal agency in a separate complaint accused the company of illegally firing eight workers who had criticized its CEO Elon Musk in an open letter. The new NLRB complaint claims that SpaceX included unlawful confidentiality and non-disparagement clauses in severance agreements and that it unlawfully limited the terminated workers' ability to participate in other claims against the company. It also alleges that the rocket maker and satellite internet company maintained an unlawful rule that required workers — as a condition of their employment — to sign an agreement for arbitration and dispute resolution, and to waive their right to receive money in class-action lawsuits against the company.
Persons: Matthew Dominick, Michael Barratt, Jeanette Epps, Alexander Grebenkin, SpaceX, Elon Musk Organizations: SpaceX, International, Kennedy Space Center, National Labor Relations Board, Company Locations: Cape Canaveral , Florida, U.S
MEMPHIS, Tenn. (AP) — Relatives of Tyre Nichols, George Floyd and Eric Garner — three Black men killed in violent confrontations with police officers — expressed frustration Friday with politicians who have failed to pass police reform legislation or have worked to invalidate laws intended to reduce chances that citizens' encounters with police end in death. Philonise Floyd, the brother of George Floyd, told an audience at a police violence symposium in Memphis that the time has come for Congress to pass a federal law that would ban certain police tactics such as chokeholds and no-knock warrants. The George Floyd Justice in Policing Act, proposed after Floyd died in Minneapolis in May 2020 after a white police officer pressed his knee to his neck for more than nine minutes, was passed by the House in 2021, but the Senate failed to reach a consensus. “You need to know your politicians ... because these are people that are not applying pressure to help,” Floyd said. Nichols' parents said they are seeking to meet with Lee, who has never vetoed a bill.
Persons: Tyre Nichols, George Floyd, Eric Garner —, , Philonise Floyd, Floyd, ” Floyd, “ I'm, Nichols, RowVaughn Wells, Rodney Wells, Gwen Carr, Garner, Sybrina Fulton, Trayvon Martin, United, Bill Lee, Republican Donald Trump, Lee, it's, ” Fulton, George Zimmerman, She's, Florida's, Fulton, Ron DeSantis, , Carr, Eric Garner, Garner's, , Weeks, Michael Brown, Andrew Cuomo, “ It's, There's Organizations: George Floyd Justice, House, Senate, National Civil Rights Museum, Black Memphis, City Council, Republican, Tennessee General Assembly, Tennessee Gov, Florida's Republican Gov, Gov Locations: MEMPHIS, Tenn, Memphis, Minneapolis, Black, Tennessee, Florida, New York, Ferguson , Missouri
In the frenzied fundraising message blasted out to MAGA voters on Wednesday, Trump's campaign called on one million "Pro-Trump patriots to chip in and say, STOP THE WITCH HUNT AGAINST PRESIDENT TRUMP!" AdvertisementIt called for supporters to donate to the Trump Save America Joint Fundraising Committee, Trump's main campaign PAC. But it suggested the money would somehow back his battle cry of "KEEP YOUR FILTHY HANDS OFF OF TRUMP TOWER!" Kathy Willens/Associated PressRepresentatives for Trump's campaign did not immediately respond to a request for comment by BI on Thursday. Trump once again railed against his massive civil fraud judgment in a post Thursday to his social media platform, Truth Social, and insisted he did "nothing wrong."
Persons: , Donald Trump's, there's, Robert Maguire, Trump, Maguire, MAGA, HUNT, PRESIDENT TRUMP, Letitia James —, James, Joe Biden, Letitia James, Kathy Willens, CREW's Maguire, hasn't, Daniels, Michael Cohen, Donald Trump, Sue Ogrocki Trump, Trump's, Arthur Engoron Organizations: Service, Business, Citizens, Republicans, Federal, Commission, Trump, New York, Bloomberg, Trump Save America, York, Associated Press, BI, FEC, AP Locations: York, Washington, Manhattan, Westchester County, Tulsa, Okla, New York
Read previewJonathan Majors' ex-girlfriend has filed a defamation lawsuit against the embattled actor, alleging that his false denial of assaulting her and his depiction of her as a liar has prompted death threats against her. "Now that Majors can no longer physically abuse Grace, he has resorted to very publicly abusing her reputation," Jabbari's lawsuit says. In addition to defamation, Jabbari's lawsuit against Majors alleges assault, battery, intentional infliction of emotional distress, and malicious prosecution. The lawsuit accuses Majors of pushing Jabbari so hard during a September 2022 incident that her back was bruised. "I'm in love, I'm transitioning, I'm healing, I'm growing [and] I'm getting excited about what's next," Good told People on the red carpet.
Persons: , Jonathan Majors, Grace Jabbari, III, Grace, Priya Chaudhry, Majors, Jabbari, Meagan, What's Organizations: Service, Marvel, Business, ABC News, Majors, NAACP, Hollywood Locations: Manhattan, New York City, Los Angeles
Navarro’s stint in prison comes as Trump himself has yet to face criminal consequences for the various crimes he’s been accused of committing. Navarro made a last-ditch bid for a Supreme Court intervention that would put off his self-surrender to prison. Yet the number of times the DOJ agreed to prosecute a witness for contempt of Congress are extremely low. He was charged in June 2022 with two counts of contempt of Congress and was found guilty on both counts last September. He was no longer in the White House during the period the House committee was probing.
Persons: Peter Navarro, Donald Trump, Navarro, Trump, he’s, , ” Stanley Brand, , White, Prosecutors, Navarro’s, , Neil Gorsuch, Anne Gorsuch, John Roberts, Elizabeth Prelogar, George W, Steve Bannon, Carl Nichols, Bannon, Sam Mangel, Mangel, ” Mangel Organizations: CNN, White, White House, Congress, Justice Department, Department of Justice, Supreme, Environmental, Agency, Trump, , Justice, Capitol Locations: Miami
Change Healthcare says it handles one in every three patient records in the US. Change Healthcare restored its electronic payments platform on March 15 and “is proceeding with payer implementations,” UnitedHealthGroup said in a statement on Monday. “Billions of dollars” stopped flowing to health care providers because of the hack, according to AHA, which represents thousands of hospitals across the country. The unprecedented pressure on a hacked US health care firm won’t go away with the restoration of billing services. HHS has opened an investigation into whether Change Healthcare has complied with federal law to protect patient data.
Persons: , ” UnitedHealthGroup, won’t Organizations: CNN, Biden, American Hospital Association, Healthcare, AHA, White House, Department of Health, Human Services, HHS Locations: United States, Colorado, Oregon
Jackson is not the only House representative who has both taken advantage of the popular app and voted for the bill that could ban it. Some of these representatives actively use the app to boost their campaigns, while others use it for office communications. Some members who voted in favor of the bill believe the US should be able to regulate the technology. The question of a banA few of the representatives who voted in favor of the bill have emphasized that it is not meant to be a ban of TikTok. Just being as transparent and accountable as we possibly can.”The Democratic congressman said if TikTok is banned, he will continue to use the social media platforms that aren’t banned, but said, “I don’t think that’s what’s going to happen here.”“It’s really a sell TikTok, not ban TikTok bill.
Persons: Jeff Jackson, , Marisa, Biden, Alabama Sen, Katie Britt, Jackson, unfollow, Colin Allred, Adam Schiff of California, Elissa Slotkin, ” Jackson, TikTok, “ I’ve, , Republican Dan Bishop, snoop, Bill Pascrell, Schiff, ” Schiff, Joe Biden, ” Allred, Sen, Ted Cruz, Slotkin, “ I’m, ” Slotkin, Debbie Stabenow, MSNBC’s Andrea Mitchell, Annie Wu Henry, John Fetterman’s, ” Henry, Sean Casten, Greg Landsman, Wiley Nickel, Pascrell, Melanie Stansbury, Landsman, Henry Organizations: CNN — Democratic, Union, North Carolina Democrat, Democratic, Republican, , Communist, California Senate, Senate, Constituent, CNN Locations: North, Texas, Michigan, North Carolina, Beijing, New Jersey, United States, California, TikTok, , Illinois, Ohio, New Mexico
MADISON, Wis. (AP) — Wisconsin voters are set to decide next month whether to make it unconstitutional to accept private grant money to help administer state elections, one of two Republican-backed ballot measures that Democrats say are meant to make it harder to conduct elections in the presidential battleground state. The Wisconsin measures are supported by Republicans and conservative groups and opposed by an array of government watchdog and liberal groups including the American Civil Liberties Union, Common Cause Wisconsin, Wisconsin Conservation Voters and the League of Women Voters of Wisconsin. Three courts and the bipartisan Wisconsin Elections Commission rejected complaints challenging the legality of the grant money. It’s unclear how adoption of the amendment would change current practice, other than place requirements currently in state law into the constitution. Federal law already requires U.S. citizenship to vote in national elections and no state constitutions explicitly allow noncitizens to vote in state or local elections.
Persons: Donald Trump, Joe Biden, Sen, Eric Wimberger, , Mark Zuckerberg, Priscilla Chan, Biden, Zuckerbucks ”, ” Kyle Koenen, Zuckerberg, Chan, Tony Evers, Evers, noncitizens Organizations: , Republicans, American Civil Liberties Union, Wisconsin Conservation Voters, League of Women Voters of, Democratic, Center for Tech, Facebook, , Wisconsin Institute for Law and Liberty, Democratic Gov, Wisconsin, Bureau Locations: MADISON, Wis, — Wisconsin, Wisconsin, League of Women Voters of Wisconsin
Missouri Secretary of State Jay Ashcroft speaks with reporters on Jan. 23 in Jefferson City, Missouri. In Wyoming, a GOP state senator forwarded an FGA draft bill to Secretary of State Chuck Gray that would prohibit sending out unsolicited absentee ballot request forms. Emails show the group strategized with the secretary of state’s office for weeks leading up to Ashcroft proposing his own such rule last January. FGA notches wins with weakened child labor lawsFGA’s lobbying group, The Opportunity Solutions Project, spearheads its efforts at the state level. Chip Somodevilla/Getty ImagesFGA also continues its push at the state level across the country to enact its policy priorities.
Persons: State Jay Ashcroft, , Ashcroft, Kacen Bayless, FGA, , Chuck Gray, ” Gray, Gray, , Joe Biden’s, Jay, Daniel Garrett, Garrett, “ It’s, Missouri’s, Scott Fitzpatrick, BlackRock, ” Fitzpatrick, Mark Felix, Fitzpatrick, ALEC, Andy Puzder, Carls Jr, ” Puzder, Kristina Shelton, Puzder, ” Kristina Shelton, they’ve, Tarren Bragdon, Rebecca Burkes, It’s, Tyson, , Bragdon, Sarah Bryner, Florida Governor Ron DeSantis, Paul Renner, Donald Trump, Chip Somodevilla, Shelton, ” Shelton Organizations: CNN, State, Republican, Foundation, Government, Missouri, Kansas City Star, Tribune, Service, GOP, Ashcroft, Conservative, Missouri Chamber of Commerce, National, University of Pennsylvania, Brookings Institution, Exxon, BlackRock, ” BlackRock, Energy, ExxonMobil, Washington Post, American Legislative Exchange Council, Heritage Foundation, Heritage, Boston, Wisconsin Democratic, FGA, Solutions, Tyson Foods Inc, George’s Inc, US Department of Labor, Solutions Project, Daily, The Heritage Foundation, Alliance, Trump, Florida Governor, Bragdon, Florida House, House, FBI, Justice Department, Department of Education, Center, Pleaides Locations: Missouri, Texas, Jefferson City , Missouri, Wyoming, Kansas , Indiana, BlackRock, Florida, ExxonMobil Baytown, Baytown , Texas, Washington, ” Wisconsin, Wisconsin, Arkansas, Iowa, Park City , Utah, DeSantis, Rome , Georgia
Perhaps the thing I find most inspiring about these kids is their commitment to inclusivity and diversity and simply being nice to each other. And no, the irony of a nonspeaking autistic encouraging you to use your voice is not lost on me. Kate T. Parker“My twin brother wrestled, and I asked my dad if I could do it too,” CG said. Kate T. ParkerSunny wants trans kids in the future not to have to fight like her. Kate T. ParkerJai is part of Brown Girls Do Ballet, which increases representation of underrepresented populations in ballet.
Persons: , Zoe, Lindsey, Elizabeth, Kate T, Parker “, , ” Zoe, ” Sunny, Parker Sunny, I’d, it’s, ” Mistura, ” Elizabeth, Parker Elizabeth, ” Jai, Jai, Parker Jai, ” Regan, Regan, Parker Regan, Emerson, ” Lindsey, Parker, Donald Trump, Biden, Parker Sydney, It’s, There’s Organizations: CNN, “ Force, US Department of, Brown, Ballet Locations: Texas, Nigeria, Sydney
The police said they had quickly arrested the man, Robert Homer, and found a loaded Glock pistol in his pocket. That made him ineligible for a gun license under federal law. The case is now in jeopardy after a federal judge in Brooklyn ruled on Feb. 5 that the police did not have probable cause to stop Mr. Homer. The case involving Mr. Homer is the latest test of gun laws in the state, where officials continue to grapple with how to square a legacy of strong gun control with the 2022 ruling. The judge in the state case, Abraham Clott, said he disagreed with the federal judge’s conclusion.
Persons: Robert Homer, Homer, Nicholas G, Garaufis, Garaufis’s, Abraham Clott Locations: Queens, Brooklyn, York, Manhattan
Washington CNN —Vice President Kamala Harris said Friday that it is “absurd” and “patently unfair” that marijuana is treated the same as heroin and other Schedule I drugs – and more seriously than fentanyl – under federal law. “Marijuana is considered as dangerous as heroin and more dangerous than fentanyl, which is absurd, not to mention patently unfair,” Harris said during a roundtable on the administration’s plans for cannabis reform. The administration began the process of reconsidering how marijuana is treated under federal law just before the midterms in 2022. Andy Beshear - and alluded to her own role in what she described as an unequal criminal justice system. Harris’ own feelings on marijuana reform have evolved in line with her career.
Persons: Kamala Harris, ” Harris, “ I’m, Biden, Harris, Joe Biden, Xavier Becerra, Fat Joe, Andy Beshear, , , ” Biden, Bill Clinton’s, CNN’s Holmes Lybrand, Kevin Liptak Organizations: Washington CNN —, White, Black, Democratic, US Health, Human Services, Kentucky Gov, Union, Los Angeles Times Locations: California, Francisco’s
Attorney Lawrence Organ, with the California Civil Rights Law Group, who represented Diaz told CNBC via e-mail: "The parties have reached an amicable resolution of their disputes. The same firm is representing current and former Tesla employees in a proposed class action lawsuit, Marcus Vaughn v. Tesla Inc., alleging that the racist discrimination and harassment of Black workers has continued at the automaker. Organ told CNBC by phone on Friday, "It took immense courage for Owen Diaz to stand up to a company the size of Tesla. Even though the litigation chapter of his life is over, there's still a lot of work to do for Tesla." Tesla has called the EECO's allegations "a false narrative that ignores Tesla's track record of equal employment opportunity."
Persons: Tesla, Owen Diaz, Lawrence Organ, Diaz, Marcus Vaughn, Organ, there's, Elon Musk, haven't, Jim Crow Organizations: California Civil Rights, Group, CNBC, Tesla Inc, Tesla, Commission Locations: Fremont , California
The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers' long-standing automatic commissions, commonly of up to 6% of the purchase price. Instead, home buyers and sellers would be able to negotiate fees with their agents upfront. If the $418 million legal agreement is approved by a federal court, consumer advocates predict the ranks of real estate agents will thin, further driving down commission prices. "For years, anti-competitive rules in the real estate industry have financially harmed millions," said Benjamin Brown, managing partner at the Cohen Milstein law firm and one of the settlement's negotiators. "It's a bribe," Doug Miller, an attorney and longtime consumer advocate in the real estate industry, said of the commission-splitting arrangements.
Persons: Benjamin Brown, Cohen Milstein, Nykia Wright, Wright, , Doug Miller Organizations: National Association of Realtors, NAR, MLS
Like many progressive organizations, the Association of Legal Aid Attorneys, a union that represents public defenders in the New York City area, has been convulsed by battles over Israel’s war in Gaza. A recent article in the right-leaning Free Press revealed the strident and sometimes ugly language that union members used during a fight over a resolution, passed in December, condemning Israel’s actions and supporting a boycott of the country. Nevertheless, it’s disturbing that Congress is now investigating the union over the resolution, an alarming degree of government intrusion into the free speech rights of a private organization. “When union bosses act in a way that is purposefully divisive and combative toward their membership, they challenge the validity of their monopoly.”The idea that the resolution pit “union bosses” against the rank and file is a strange one, since the resolution passed by a vote of 1,067 to 570, but the framing reflects Foxx’s broader hostility toward organized labor. On Monday, she subpoenaed the union’s internal communications around the resolution’s passage.
Persons: , Virginia Foxx, Organizations: Association of Legal Aid, New, Free Press, , , Education, Work Force Locations: New York City, Gaza, Israel
Senator Bernie Sanders this week unveiled legislation to reduce the standard workweek in the United States from 40 hours to 32, without a reduction in pay, saying Americans are working longer hours for less pay despite advances in technology and productivity. The law, if passed, would pare down the workweek over a four-year period, lowering the threshold at which workers would be eligible to receive overtime pay. The 40-hour workweek has stood as the standard in the United States since it became enshrined in federal law in 1940. In a hearing on Thursday before the Senate Committee on Health, Education, Labor and Pensions on the proposed law, Mr. Sanders, independent of Vermont, said profits from boosts in productivity over the decades had been reaped only by corporate leaders, and not shared with workers. “The sad reality is that Americans now work more hours than the people of any other wealthy nation,” he said, citing statistics that workers in the U.S. on average work for hundreds of hours longer each week than their counterparts in Japan, Britain and Germany.
Persons: Bernie Sanders, pare, Sanders, Organizations: Health, Education, Labor, Pensions Locations: United States, Vermont, U.S, Japan, Britain, Germany
Judge Aileen Cannon, who is overseeing the case, has set apart an entire day to hear arguments on whether the prosecution should be thrown out on the basis of Trump’s claims about his presidential classification powers. Trump is facing dozens of charges related to his alleged mishandling of classified documents, and for obstructing the Justice Department’s investigation. As president, defense attorneys argue, Trump was the chief classification officer and could mark any documents as “personal” and legally take those documents with him when he left office. Their arguments cite the Presidential Records Act, the federal law that governs how documents from an outgoing presidential administration are handled. The PRA says the moment a president leaves office, the National Archives and Records Administration gets custody and control of all presidential records from their administration.
Persons: Donald Trump, Jack Smith, Trump, Aileen Cannon, Cannon, , Joe Biden’s, Department’s, I’m, Organizations: CNN, FBI, Records, National Archives, Records Administration, Presidential Records, Trump
The four-day workweek is gaining momentum in Congress: Sen. Bernie Sanders, I-Vt., introduced legislation Wednesday that would reduce the standard workweek to 32 hours without a pay cut. The act would shorten the standard workweek over four years by mandating that overtime pay kicks in after 32 hours worked in a week, down from the current 40. Today's 40-hour workweek has been federal law since 1940 following the passing of the Fair Labor Standards Act. Proponents of a shorter workweek say advances in technology have made workers more productive, but have not resulted in higher wages or time back. Supporters say a lower overtime threshold would encourage business to either pay workers more for longer hours, or shorten their week and hire more people.
Persons: Sen, Bernie Sanders, Sanders Organizations: Fair Labor, Wall
Nathan Howard for The New York TimesIn California, electric vehicles could soon account for 10 percent of peak power demand. AP Photo/Mike StewartIn interviews, utility executives say gas is needed to back up wind and solar power, which don’t run all the time. Gas plants can sometimes be easier to build than renewables, since they may not require new long-distance transmission lines. “It’s going to take a diversified fleet.”Mr. Mitchell noted that Georgia Power was planning a large build-out of solar power and batteries over the next decade and would offer incentives to companies to use less power during times of grid stress. The tech companies and manufacturers that are driving up electricity demand could also play a major role, experts say.
Persons: , Daniel Brooks, Nathan Howard, Lauren Justice, Biden’s, , Tyler H, Norris, Mr, John Wilson, Ken Seiler, Seiler, Devin Hartman, Duke, Kendal Bowman, Duke Energy’s, it’s, we’ve, Georgia Power, It’s, Greg Buppert, Megan Varner, Mike Stewart, Aaron Mitchell, “ It’s, Mitchell, Heather O’Neill, Brian Janous Organizations: Electric Power Research Institute, The New York Times, Duke University, Biden, Utilities, North American Electric Reliability Corporation, Boston Consulting, Dominion Energy, Nationwide, R Street Institute, The New York Times Soaring, Duke Energy, Georgia, Southern Environmental Law Center, AP, Dominion, Georgia Power, Advanced Energy, Microsoft Locations: America, California, Virginia, Georgia, North Carolina, South Carolina , Tennessee, Kansas, Northern Virginia, Arizona, Texas, Illinois, New Jersey, York City, PJM, “ Texas, Ashburn, Va, Dalton , Ga, Dalton, Duke
Inside Startupland's 'Shroom Boom'
  + stars: | 2024-03-13 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +11 min
This story is available exclusively to Business Insider subscribers. Frohman is part of a small but growing community within the startups industry that is experimenting with small doses of psilocybin to improve focus and productivity. Business Insider spoke with multiple founders and investors who microdosed, but wished to be anonymous. The person declined to share their name for publication, but their identity is known by Business Insider. Vancouver-based Filament Health is working to expand access to natural psychedelics through an extraction and drug-discovery process, while brick-and-mortar shops Shroomyz and Fun Guyz are further fueling the Canadian "'Shroom Boom".
Persons: Scott Frohman, Frohman, hasn't, Microdosing, James Fadiman —, Koel Robinson, Robinson, Richard Laver, Steve Jobs, Peter Grinspon, Grinspon, Peggy Van de Plassche, Van de Plassche, She's, Justin Zhu, I'm, microdosing, they're, It's Organizations: Business, Rocket Beverage Group, Erewhon, Foods, Massachusetts General Hospital, Harvard Medical School, BMO, PsyMed Ventures, Noetic Fund Locations: Florida, San Francisco, Denver, Minneapolis, In Oregon, California , Iowa, Washington State, Vermont, Massachusetts, Vancouver, Palo Santo
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