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☆ Pictures of the month: May
▼ + stars: | 2023-05-31 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

SENSITIVE MATERIAL. THIS IMAGE MAY OFFEND OR DISTURB A graduated cadet bleeds after being hit by a hat tossed in the air, at the end of the 2023 graduation ceremony at the United States Military Academy (USMA), at Michie Stadium in West Point, New...moreSENSITIVE MATERIAL. THIS IMAGE MAY OFFEND OR DISTURB A graduated cadet bleeds after being hit by a hat tossed in the air, at the end of the 2023 graduation ceremony at the United States Military Academy (USMA), at Michie Stadium in West Point, New York, U.S., May 27, 2023. REUTERS/Eduardo Munoz TPX IMAGES OF THE DAYClose

Persons: Eduardo Munoz TPX Organizations: United States Military Academy, REUTERS Locations: West Point , New, West Point , New York, U.S

Sixteen months after his infection, Mr. Muñoz’s lungs have recovered somewhat, but not completely. Tap to enableA 3-D visualization comparing a healthy set of lungs with Ms. Rodríguez’s lungs 14 months after her infection. Tilt your device to rotate lungs Slide to rotate lungs Slide to rotate lungsHealthy lungs are filled with millions of tiny air sacs called alveoli. Lung tissue with chronic damage shows scarred, thickened areas and collapsed sections with reduced airflow. Ms. Rodríguez has come closer to recovering, most likely helped by her youth and previous good health.

Persons: Andy Muñoz, Covid, ”, Howard Huang, It’s, Dr, Huang, Tom Kennedy, Kennedy, “, Marlene Rodríguez, Rodríguez, David Sayah, Sayah, “ She’s, ” Meridith Kohut, “ Covid, Mr, Muñoz, Meridith Kohut, ” Dr, Kennedy’s, Muñoz’s, Rodríguez’s, Melissa Raymundo, Ms, Raymundo, Gayle, Rodríguez didn’t, Vianney, José, it’s, “ We’re Organizations: New York Times, Houston Methodist Hospital, Covid, Medical Center, ”, The New York Times, USA Locations: La Porte , Texas, Houston, Atwater, Calif

☆ A Grand Roman Apartment Updated for the 21st Century
▼ + stars: | 2023-05-30 | by ( Tim Mckeough | ) www.nytimes.com time to read: +1 min

Maurizio Cascella loved his rental apartment in Rome so much that he stayed there for nearly 20 years. When he and his partner, Lorena Munoz, had their first daughter, Olivia, now 3, he approached his landlord about buying the place. After a long search, he found “a compromise that satisfied me,” he said — a 19th-century apartment near the Roma Termini train station that had plenty of character, with ornate plaster molding and parquet floors. Image Maurizio Cascella, an electronic music D.J., renovated an apartment in Rome with help from Emanuela Petrucci, an architect. Credit... Gianni Franchellucci“The thing that struck me about the new place was the strong resemblance to the old house,” he noted.

Persons: Maurizio Cascella, Lorena Munoz, Olivia, “, Mr, Cascella, ”, —, Emanuela Petrucci, Gianni Franchellucci Locations: Rome, Roma

☆ Why CEOs are changing directions faster than ever
▼ + stars: | 2023-05-11 | by ( Rebecca Knight | Tim Paradis | ) www.businessinsider.com time to read: +8 min

CEOs are changing their corporate strategies more frequently for many reasons. Some CEOs didn't do the necessary medium- and long-term planning when they made their original decisions, and now they're being forced to backtrack. A new, lightning-fast pace of businessThe rapidly changing business environment makes one thing clear: For CEOs, the day-to-day marathon of running a company feels much more like a sprint. The average compensation in 2021 for CEOs of the top US companies was 399 times that of the average worker. Changing a strategy is one thing, but how a CEO communicates that change is another — particularly because these pivots are likely to happen more frequently.

☆ Westminster Dog Show 2023: A Petit Basset Griffon Vendéen Is Best in Show
▼ + stars: | 2023-05-10 | by ( Joseph Pisani | Suryatapa Bhattacharya | ) www.wsj.com time to read: 1 min

The show is back in New York City for the first time since 2020. It took place at Arthur Ashe Stadium in Queens after being held at an estate in Westchester County the past two years because of the Covid-19 pandemic. Eduardo Munoz/Reuters

☆ Walmart keeps grocery prices steady amid inflation, antitrust claims
▼ + stars: | 2023-05-05 | by ( Siddharth Cavale | ) www.reuters.com time to read: +6 min

During the period, while U.S. inflation averaged 7.5% Walmart kept prices steady, the Dataweave analysis shows. Reuters Graphics Reuters GraphicsThis was during a time when world food prices hit record highs and U.S. food-at-home prices rose in the double digits. Food-at-home prices, or prices of food bought at grocery stores and supermarkets, are expected to rise a further 6.6% this year, according to the U.S. Department of Agriculture. The data set, which included batteries in the basket of goods, showed that Walmart sold Energizer batteries at a significant discount to rivals. Similarly, at least two different types of Energizer coin batteries sold at Walmart were found to be between 30% and 35% cheaper than the next lowest priced rival.

☆ UN says aid trucks looted in 'volatile' Sudan, urges safe passage
▼ + stars: | 2023-05-03 | by ( Mohamed Nureldin Nafisa Eltahir | ) www.reuters.com time to read: +6 min

Summary Aid trucks looted, says United Nations aid chiefViolence undermining chance of lasting truceGuterres says situation 'unacceptable'UN aid chief Griffiths arrives in Port SudanImproving humanitarian access is a priority -UNKHARTOUM, May 3 (Reuters) - The United Nations said on Wednesday it was seeking assurances from Sudan's warring factions on the safe delivery of aid after six trucks of humanitarian supplies were looted and air strikes in Khartoum undermined a new ceasefire. The conflict has created a humanitarian crisis, with about 100,000 people forced to flee with little food or water to neighbouring countries, the United Nations said. Aid deliveries have been held up in a nation of 46 million people where about one-third had already relied on humanitarian assistance. A broader disaster could be in the making as Sudan's impoverished neighbours grapple with the influx of refugees. Caught between army air strikes overhead and RSF soldiers on the ground, many citizens feel forced to take sides.

☆ Watch CNBC's interview with former United Airlines CEO Oscar Munoz
▼ + stars: | 2023-05-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's interview with former United Airlines CEO Oscar MunozFormer United Airlines CEO Oscar Munoz joins 'Squawk Box' to reflect on his time leading the airline, and shares his thoughts on the state of the airline industry, the looming summer travel season, and more.

☆ Wall Street's most important workers you've never thought of
▼ + stars: | 2023-05-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

And on Wall Street, where the volume of information continues to rise, application design and user interface is taking center stage. User interface and user experience have long been underappreciated in finance, which is ironic considering the public nature of the work. Read more about Citadel X, the $57 billion hedge fund's user experience and interface team. If you're still trying to understand the collapse of yet another regional bank, we've got you covered. The German bank is building out its investment bank as it eyes a potential return of M&A, the Financial Times reports.

☆ Strategic decisions made during Covid paying off now, says former United Airlines CEO Oscar Munoz
▼ + stars: | 2023-05-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrategic decisions made during Covid paying off now, says former United Airlines CEO Oscar MunozFormer United Airlines CEO Oscar Munoz joins 'Squawk Box' to reflect on his time leading the airline, and shares his thoughts on the state of the airline industry, the looming summer travel season, and more.

More than 11,000 film and television writers, who say their compensation doesn't match the revenue generated in the streaming era, are on strike for the first time since 2007-08. Most immediately, this will have a significant impact on late-night shows, where writers are tasked with crafting timely and topical jokes. That's because many shows and films have already wrapped production and will enter the marketplace unaffected by the strike. Instead, they feel they've been shortchanged on compensation as studios, networks and streaming platforms write a new rulebook in real time. Unlike the 2007 strike, writers currently have social media on their side and are rallying on platforms like Twitter, Instagram and TikTok to get their message out.

☆ America's broken housing market is making millennials and Gen Z lonelier
▼ + stars: | 2023-04-30 | by ( Eliza Relman | ) www.businessinsider.com time to read: +9 min

Loneliness is a perceived lack of connection — the discrepancy between the social connection someone has and the connection they want. Holt-Lunstad's widely-cited research has found that loneliness and social isolation have health impacts comparable to smoking 15 cigarettes a day. People who live in communities with more walkable neighborhoods, shared space, greenery, and diverse types of housing, feel more socially connected and less lonely. In her work, Peavey has come up with six design strategies for creating third spaces — places that aren't home, work, or school — to facilitate social connection. But neighborhoods need to be dense and walkable in order for people to easily access these places because cars and physical distance get in the way.

☆ As Biden Runs Again, Black Voters’ Frustration Bubbles
▼ + stars: | 2023-04-29 | by ( Maya King | Reid J. Epstein | ) www.nytimes.com time to read: +1 min

In his campaign announcement, Mr. Biden made no secret of the importance of Black voters to his re-election. The state party is preparing to hold its presidential primary first in the nominating process — a move Mr. Biden and Democrats said was made to give Black voters more influence. Mr. Biden’s allies maintain that his administration has delivered for Black voters but that he has failed to trumpet some of his progress. The economy, a top concern for Black voters, has recovered from its pandemic doldrums, though inflation, which spiked last summer, remains higher on a sustained basis than it has been for decades. “The president and vice president have made issues Black Americans care most about a priority and are running to finish the job,” said Kevin Munoz, a spokesman for Mr. Biden’s campaign.

[1/5] Singer Ed Sheeran arrives at Manhattan Federal Court for his copyright trial in New York City, U.S., April 25, 2023. "We don't allow dancing," U.S. District Judge Louis Stanton instructed the seven-member jury. The trial is the first of three Sheeran could face from lawsuits over similarities between the two hits. Sheeran is expected to testify again later in the trial as part of the defense case. If the jury finds Sheeran liable for copyright infringement, the trial will enter a second phase to determine how much he and his labels owe in damages.

☆ Michael Cohen seeks damages from Trump, U.S. over prison return
▼ + stars: | 2023-04-24 | by ( Karen Freifeld | ) www.reuters.com time to read: +3 min

Circuit Court of Appeals in Manhattan that the judiciary has a responsibility to remediate the harm done by Trump and his subordinates. Liman said that while his decision did "violence" to Cohen's constitutional rights, Cohen was not entitled to damages under U.S. Supreme Court precedent. Michael Cohen, former attorney for former U.S. President Donald Trump, arrives to the New York Courthouse in New York City, U.S., March 13, 2023. Former U.S. Attorney General William Barr and various prison officials are also defendants in Cohen's lawsuit. He is also suing Cohen for $500 million in damages in federal court in Miami, accusing him of "spreading falsehoods" and failing to keep attorney-client communications confidential.

"Fox has admitted to telling lies about Dominion that caused enormous damage to my company, our employees and our customers," Poulos said in a statement. Fox anchor Neil Cavuto broke into his news show "Your World" about 4:30 p.m. Eastern Time to report the settlement. In February court filings, Dominion cited a trove of internal communications in which Murdoch and other Fox figures privately acknowledged that the vote-rigging claims made about Dominion on-air were false. Dominion said Fox amplified the untrue claims to boost its ratings and prevent its viewers from migrating to other media competitors on the right. ANOTHER LAWSUIT PENDINGAdding to the legal risks for Fox, another U.S. voting technology company, Smartmatic, is pursuing its own defamation lawsuit seeking $2.7 billion in damages in a New York state court.

The voice on the other end asked Roscoe if he would serve as an eleventh-hour mediator in the massive defamation lawsuit filed by Dominion Voting Systems against Fox News. “I said yes,” Roscoe told CNN on Wednesday, recalling advice his father gave him at the age of 16 about accepting work assignments while on vacation. Eduardo Munoz/Reuters/Eric Lee/Bloomberg/Getty ImagesIn the lead up to the last-second deal, attorneys for both Fox News and Dominion were fully expecting a trial. Last week, Dominion had notified Fox News that one of its first witnesses would be Rupert Murdoch, the 92-year-old Fox Corporation chairman, a person familiar with the matter told CNN. “Presence in the courtroom often tends to crystalize the focus of the risks and benefits of litigation,” Roscoe told CNN.

"Fox has admitted to telling lies about Dominion that caused enormous damage to my company, our employees and our customers," Poulos said in a statement. Shares of Fox Corp closed up slightly at $34 per share, but were down 1% in after-hours trading after the settlement amount was disclosed. Fox Corp CEO Lachlan Murdoch told Wall Street analysts in February that the company had about $4 billion cash on hand. [1/5] Dominion CEO John Poulos and lawyers speak to the media after Dominion Voting Systems and Fox settled a defamation lawsuit for $787.5 million, avoiding trial, over Fox's coverage of debunked election-rigging claims, in Delaware Superior Court, in Wilmington, Delaware, U.S. April 18, 2023. Fox Corp reported nearly $14 billion in annual revenue last year.

☆ Here's what I want to see before buying in a stock market that stumbled on solid bank earnings
▼ + stars: | 2023-04-16 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

I do not understand how it could be double the price of the stock when the TVB means that if you closed the bank that's what you would get. I know the stock of Wells Fargo (WFC) didn't do much after it reported. Now, I offer the story of these banks as a preamble to what I see happening in the stock market right now. I don't want to conflate a day of good bank earnings with a month of good stock prices. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ The stock market rally in 2023 has added $213 billion to the wealth of the world's top 10 billionaires
▼ + stars: | 2023-04-15 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A strong start to the stock market this year has helped reverse some of the big losses billionaires saw in 2022. So far this year, the world's top 10 billionaires added a collective $213 billion to their net worth. MARTIN BUREAU/AFP via Getty ImagesNet Worth: $92.8 billion2023 Gain: $21.3 billionSource of Wealth: L'Oreal9. Elon MuskElon Musk Gilbert Carrasquillo/GC ImagesNet Worth: $180 billion2023 Gain: $43.2 billionSource of Wealth: Tesla, SpaceX, Twitter1. Bernard ArnaultEric Piermont/Getty ImagesNet Worth: $210 billion2023 Gain: $47.8 billionSource of Wealth: LVMH Moet Hennessy Louis Vuitton

Reuters GraphicsNOTHING 'BROKEN' YETInternational economic officials gathering in Washington this week for the IMF and World Bank spring meetings can take some comfort that pandemic-era risks are continuing to diminish. An aggressive year of central bank rate hikes hasn't yet "broken" any of the economies involved, with the U.S. unemployment rate at 3.5%, near its lowest level since the late 1960s. Still, that terminal rate remains unclear, and the end of synchronized tightening by the Fed, BoE and European Central Bank doesn't mean tight monetary policy is going away. Wages, services and food are driving price growth to the point that the ECB's attention has shifted almost entirely to underlying inflation on fears that rapid price growth is at risk of getting stuck above target. The U.S. central bank is expected to increase its benchmark overnight interest rate by another quarter of a percentage point next month, and signal whether more hikes may be warranted.

☆ This Friday could hold the key to our bank stocks and the direction of the market for weeks
▼ + stars: | 2023-04-11 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

How the banks deliver could set the market tone in the coming weeks. Jim said Monday that such a pause could spark a big stock market rally while keeping rates high enough for banks to make money. How these dynamics play out will factor into the Fed's next rate move — and as a result, market sentiment. Since deposit levels directly contribute to a bank's ability to make loans, it's not surprising that commercial bank lending declined in recent weeks. To be sure, Wells is a traditional bank that must deal with short-term deposit and lending gyrations.

☆ Millennial and Gen Z travelers have bigger budgets but seek deals, Hopper app says
▼ + stars: | 2023-04-06 | by ( Doyinsola Oladipo | ) www.reuters.com time to read: +2 min

REUTERS/Eduardo MunozNEW YORK, April 6 (Reuters) - Most Millennial and Generation Z travelers are planning bigger 2023 travel budgets but also growing more cost-conscious when booking flights and hotel accommodations, according to travel booking app Hopper. Some 84% of Hopper users, primarily Millennial and Gen Z travelers, plan to spend more on travel in 2023, according to the company's 2023 Travel Trends Report which surveyed 1,500 Hopper users. About 70% of Hopper users are between ages 18 and 35. "It's not to say that Millennial and Gen Z travelers just have unlimited budgets and they're spending all their money on travel," said Hopper economist, Hayley Berg. Although Millennial and Gen Z travelers booked in 2019 travel earlier than the rest of the population, they are growing more averse to booking, the company added.

NEW YORK, April 4 (Reuters) - Hundreds of raucous Donald Trump supporters and anti-Trump protesters swarmed around a New York courthouse on Tuesday as the former president appeared for his historic arraignment on charges related to hush-money payments. Hours before Trump turned himself in on Tuesday afternoon, crowds of people whistled, shouted and waved placards in support of Trump, who has already announced his candidacy for president in 2024. Separated by barricades from the Trump crowd, counterprotesters appeared to outnumber the Trump supporters. [1/7] Supporters of former President Donald Trump demonstrate outside Manhattan Criminal Courthouse, on the day of Trump's planned court appearance after his indictment by a Manhattan grand jury, April 4, 2023. REUTERS/Eduardo Munoz 1 2 3 4 5"I would like to thank patriotic Trump supporters who are here today," Greene said through a megaphone, eliciting cheers and chants of "U-S-A!"

☆ Factbox: From Bragg to Tacopina: Who's who in Trump hush money case
▼ + stars: | 2023-04-03 | by ( Mike Stone | ) www.reuters.com time to read: +3 min

[1/5] New York District Attorney Alvin Bragg leaves after former U.S. President Donald Trump's indictment by a Manhattan grand jury following a probe into hush money paid to porn star Stormy Daniels, in New York City, U.S., March 30, 2023. At issue is a $130,000 hush payment to an adult film star made in the waning days of the 2016 election campaign. Allegedly the payment was hush money paid to benefit Trump's presidential campaign, to cover up a 2006 sexual encounter. ALVIN BRAGGTrump's indictment has thrust New York prosecutor Alvin Bragg into the spotlight. He has represented rapper Meek Mill, former Yankees baseball star Alex Rodriguez and Donald Trump Jr.'s fiancée Kimberly Guilfoyle.

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