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☆ Russia Issues Arrest Warrant for Wagner Chief Yevgeny Prigozhin
▼ + stars: | 2023-06-23 | by ( ) www.wsj.com time to read: 1 min

AI Apps to Try for Work and LeisureThere are so many new AI-powered programs out there. Deciding which ones to try can be overwhelming. But worry not! WSJ personal-tech reporting assistant Cordilia James put together a list to get you started. She joins host Julie Chang for a quick rundown of the best AI apps.

Persons: Cordilia James, Julie Chang

☆ Medicare offers details on reimbursement for new Alzheimer's drugs
▼ + stars: | 2023-06-22 | by ( Julie Steenhuysen | ) www.reuters.com time to read: +4 min

CHICAGO, June 22 (Reuters) - The U.S. Medicare health plan on Thursday offered details of plans to collect patient data as a condition for reimbursement for Eisai Co Ltd (4523.T) and Biogen Inc's (BIIB.O) new Alzheimer's drug Leqembi, should it win traditional U.S. approval as expected by July 6. If it wins traditional FDA approval, Leqembi would be the first disease-modifying drug ever to achieve the regulatory milestone. Current treatments only treat symptoms but do not change the course of the disease, which affects 6 million Americans, according to the Alzheimer's Association. On that basis, CMS said it would only pay for Leqembi if patients were enrolled in a clinical trial. The CMS data requirements apply to all Alzheimer's treatments that reduce beta amyloid from the brain, including Eli Lilly and Co's donanemab, which recently reported positive results from its late-stage trial.

Persons: Biogen, Eisai's Leqembi, Leqembi, Eli Lilly, Co's, “, Robert Egge, Julie Steenhuysen, Daniel Wallis Organizations: U.S, Eisai Co, Centers, Medicare, Medicaid Services, CMS, Alzheimer's Association, U.S . Food, Drug Administration, FDA, Alzheimer’s Association, Thomson Locations: U.S

☆ N.Y. Lawmakers Confront Hot-Button Issues in Rare Return to Albany
▼ + stars: | 2023-06-21 | by ( Luis Ferré-Sadurní | Grace Ashford | ) www.nytimes.com time to read: +2 min

One of the more consequential matters hanging in balance concerns the development of offshore wind farms along the coast of Long Island. Ms. Hochul has called offshore wind, which tends to be more productive and less disruptive than land turbines, a key component of her climate plan. Democrats in the State Senate approved the bill earlier this month, but it is unclear how the Assembly will proceed. The measure has found opposition among citizens and Republican representatives on Long Island, who say the developer has not adequately allayed safety concerns. The district attorneys group argued that the state already had laws to protect people from wrongful convictions and that the bill would serve to eliminate finality in criminal convictions or plea deals.

Persons: Hochul, “, ” Mr, Heastie Organizations: Senate, Republican Locations: New York, Albany, Long

☆ Labor Shortage Threatens Food and Farming
▼ + stars: | 2023-06-21 | by ( ) www.wsj.com time to read: 1 min

Persons: Cordilia James, Julie Chang

☆ US bond traders seek edge by adopting tech -report
▼ + stars: | 2023-06-21 | by ( Matt Tracy | ) www.reuters.com time to read: +2 min

Traders have slowly adopted execution management systems (EMS) in their workflow to enhance their execution capabilities as the market evolves, wrote Audrey Blater, senior analyst at Greenwich, in a report released on Tuesday. The fixed-income market adoption of EMS is at "a tipping point" where some traders, while reluctant to use technology, "acknowledged a change of habit is imminently necessary," said Blater. The tech makeover of a market that sees billions of dollars of trades in a year though is still gradual. The study found that only 39% of some 41 senior fixed-income traders in US asset management firms, hedge funds and insurance companies, identified using an EMS. Some 34% of the 41 traders in the study looked to chat to execute trades, versus 27% that turned to technology as their top choice.

Persons: Audrey Blater, Matt Tracy, Shankar Ramakrishnan, Conor Humphries Organizations: Coalition, Traders, Thomson Locations: Coalition Greenwich, Greenwich

☆ News organizations are struggling to cover media figures and politicians peddling delusions
▼ + stars: | 2023-06-20 | by ( Oliver Darcy | ) edition.cnn.com time to read: +7 min

CNN —Some news organizations are beating around the bush when covering prominent figures who hold detestable views, many of which are wholly unhinged from reality. That has been on display over the last 24 hours on three different fronts: In stories about Robert F. Kennedy, Jr. “This type of normal language news organizations use doesn’t communicate how unhinged some of this stuff is,” media columnist Margaret Sullivan told me Tuesday. But the duty of a journalist and news organizations is to tell the story, without fear or favor. It gives those figures who profit financially and/or politically from extremist rhetoric license to continue trafficking in the destructive noise.

Persons: Robert F, Kennedy, Jr, James Comer, Andrew Tate, peddle, Comer, Tate, Margaret Sullivan, ” Sullivan, ”, Jonathan Reiner, George Washington, ” Reiner, Donald Trump, Hunter Biden, Joe Biden, Alex Jones, Jones Organizations: CNN, Republican, Democratic, Department of Justice, Tate Locations: Kentucky

☆ Gannett Sues Google, Accusing It of Dominating the Ad Market
▼ + stars: | 2023-06-20 | by ( Katie Robertson | ) www.nytimes.com time to read: +1 min

Gannett, the country’s largest newspaper chain, filed a lawsuit on Tuesday against Google, accusing the tech giant of violating federal antitrust laws by illegally abusing a monopoly over the technology used by publishers to buy and sell online ads. In the complaint, filed in U.S. District Court in the Southern District of New York against Google and its parent company, Alphabet, Gannett argued that Google’s dominance over the digital ad market has greatly cut into potential revenue for those publishers. The complaint said that while the online ad market was worth $200 billion a year, news publishers have seen a nearly 70 percent decrease in advertising revenue since 2009, which has diminished journalism jobs and sent many newspapers out of business. “Google controls how publishers sell their ad slots, and it forces publishers to sell growing shares of that ad space to Google at depressed prices,” the complaint said. “The result is dramatically less revenue for publishers and Google’s ad-tech rivals, while Google enjoys exorbitant monopoly profits.”

Persons: ” Organizations: Gannett, Google, of Locations: U.S, Southern, of New York

Gannett said this leaves Google with "exorbitant monopoly profits," and "dramatically less revenue" for publishers and its ad technology rivals. "Digital advertising is the lifeblood of the online economy," Gannett Chief Executive Mike Reed said in an opinion published in USA Today. Like many newspaper publishers, McLean, Virginia-based Gannett has struggled with falling ad revenue as more Americans, estimated at 86%, get news online. Gannett said digital advertising is a $200 billion business, up nearly eightfold since 2009, but newspaper ad revenue fell nearly 70% over that time. The case is Gannett Co v Google LLC et al, U.S. District Court, Southern District of New York, No.

Persons: Gannett, Mike Reed, Jonathan Stempel, Louise Heavens, Jonathan Oatis, Richard Chang Organizations: YORK, Gannett, U.S ., USA, Google, Alphabet Inc, European Union, U.S . Department of Justice, Gannett Co, Court, Southern District of, Thomson Locations: Manhattan, USA, View , California, U.S, Texas, McLean , Virginia, Southern District, Southern District of New York, New York

Budrul Chukrut | Lightrocket | Getty ImagesAt midnight on Tuesday, the moderators of the Reddit community r/Gaming decided to go dark. "We're talking hundreds of thousands of volunteers putting in hours a day to keep the site safe, entertaining and enjoyable for community members. As a private company, Reddit doesn't have to disclose its financials or provide revenue and profit projections. "You have a lot of people, both professionals and general community members, who are running the numbers on this," Croach said. Jacqueline Sheeran, known as "MCHammerCurls," is the head moderator of r/Fitness, which has more than 10 million members.

Persons: Budrul, Dacvak, Slack, weren't, Croach, Reddit, Christian Selig, Selig, Steve Huffman, Huffman, Horacio Villalobos, subreddits, they're, –, David DeWald, subreddit, Shane McCarthy, McCarthy, Meepster23, ModCoord, Omar, Jacqueline Sheeran, Sarah Gilbert, Gilbert, Huffman's, RamsesThePigeon, that's, there's Organizations: Lightrocket, Reddit, CNBC, Facebook, Twitter, YouTube, Google, Amazon, Yahoo, Microsoft, Corbis, NBC, Wall, NBC News, Cornell University, school's Citizens, Technology Locations: U.S, Lisbon, Portugal

☆ Cancer Drug Advancements Give New Hope to Metastatic Patients - The New York Times
▼ + stars: | 2023-06-16 | by ( Kate Pickert | ) www.nytimes.com time to read: +3 min

In some cases, patients like Ms. MacKenzie with cancer that has spread inside their bodies — called metastatic disease — are able to stay alive much longer than previously predicted. Until recently, the prevailing wisdom in oncology was that many early-stage cancer patients could be cured, but metastatic disease was almost always incurable. This thinking drove cancer research, treatment and care for decades. Since metastatic disease was usually considered incurable, research focused on early-stage disease. Right now, two relatively new classes of cancer drugs are displacing traditional chemotherapy for many types of cancer and giving metastatic patients, in particular, more time.

Persons: MacKenzie, Oncologists, John McCain —

☆ Exclusive: Westchester DA shuts down criminal investigation of Trump Organization without any charges
▼ + stars: | 2023-06-14 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Westchester's district attorney shut down its criminal investigation into the Trump Organization this month. The district attorney's office in Westchester — a county north of New York City — opened the investigation two years ago. In April, the district attorney brought another set of charges against Trump himself, alleging he broke the law by disguising hush-money payments to Stormy Daniels. Alan Futerfas, an attorney representing the Trump Organization, declined to comment on the closure of the Westchester County investigation. The lawsuit also claims the Trump Organization misrepresented the property value of its 212-acre Seven Springs estate, also in Westchester County.

Persons: Donald Trump, —, Mimi Rocah, Elliott Jacobson, Rocah, New York City —, Donald Trump's, Allen Weisselberg, Trump, Stormy Daniels, Alan Futerfas, Letitia James, Mike Segar, Jack Smith, Fani Willis, who's, Smith, Joe Biden's, Donald J Organizations: Trump Organization, Manhattan DA, NY, Service, Trump National Golf Club Westchester, New York Times, The, New, New York, Trump, REUTERS, Mar, Park Locations: Westchester's, Westchester County, Westchester —, New York City, Ossining, The Manhattan, Manhattan, Westchester, New York, Springs, Miami, Fulton County, Georgia

☆ Opinion | If Democrats Win Back the House, They Will Have John Roberts to Thank
▼ + stars: | 2023-06-14 | by ( Thomas B. Edsall | ) www.nytimes.com time to read: +5 min

And Milligan weakens Florida’s defense for eliminating a Black opportunity district around Jacksonville, which hinges on race-conscious districting being unconstitutional. Put it all together and at least 2-3, and quite possibly more, congressional districts are likely to change hands because of Milligan. Lower courts have found already that the current maps in those states likely, or do, violate Sec. In Texas, it’s possible one or more new Hispanic VRA districts will have to be created. In that context, Roberts continued, “we are not persuaded by Alabama’s arguments that section 2 as interpreted in Gingles exceeds the remedial authority of Congress.”

Persons: Milligan, Wasserman, Cook, ”, “ Lean, Nicholas Stephanopoulos, Stephanopoulos, Richard Pildes, Pildes, John Roberts’s, Roberts Organizations: Democratic, Harvard, Republican Locations: Alabama, Louisiana, North Carolina, Washington, It’s, Georgia, Texas, Jacksonville, N.Y.U, Alabama , Louisiana, Gingles

☆ Robert Gottlieb, Eminent Editor From le Carré to Clinton, Dies at 92
▼ + stars: | 2023-06-14 | by ( Robert D. Mcfadden | ) www.nytimes.com time to read: +2 min

Unlike his revered and formal predecessor, who wore jackets and ties, saw people by appointment and was addressed as “Mr. Easing the apprehensions of many New Yorker aficionados, he made few and mostly minor changes over five years. New critics were hired, and Talk of the Town commentaries were opened to more writers and were no longer written anonymously. In 1992, Tina Brown, the British editor of Vanity Fair, replaced Mr. Gottlieb in an amicable transition and introduced splashy changes. “I can write perfectly well — anybody who’s educated can write perfectly well.

Persons: Mr, Shawn, ” Mr, Gottlieb, “, ”, Raymond Bonner, Judith Thurman, Diane Ackerman, Robert Stone, Richard Ford, Tina Brown, Eustace Tilley Organizations: Yorker, Knopf, The New York Observer Locations: Central, British

☆ 16 US Bradley infantry fighting vehicles have been destroyed, damaged, or abandoned in Ukraine in recent days, war monitor says, highlighting the cost of Ukraine’s counteroffensive
▼ + stars: | 2023-06-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Ukraine has lost 16 US-supplied Bradley infantry fighting vehicles, open-source analysis found. The losses are a sizeable chunk of the 109 Bradleys sent to Ukraine by the US. Dutch website Oryx, which tracks visual evidence of losses on both sides, documented five destroyed Bradleys and 11 that have been damaged and abandoned. The report on the Bradleys comes after Ukraine lost around half of its specially adapted Leopard 2R mine-clearing vehicles donated by Finland, as Forbes reported. The findings come as Ukraine reported retaking three settlements — Velyka Novosilke, Blahodatne, and Neskuchne in Donetsk region, as CNN reported.

Persons: —, BMP2, Bradley, Rob Lee, Mala Tokmachka, Forbes, James, Spider, Marks Organizations: Bradley, Service, Institute for, Foreign Policy Research Institute, Twitter, Forbes, Oryx, CNN Locations: Ukraine, Ukraine —, Russia, Finland, Zaporizhzhia, Mala, Ukrainian, Neskuchne, Donetsk

☆ Did N.Y. Leaders Leave Residents Unprepared for the Air Quality Crisis?
▼ + stars: | 2023-06-09 | by ( Emma G. Fitzsimmons | Luis Ferré-Sadurní | ) www.nytimes.com time to read: +1 min

On Tuesday afternoon, the governor’s office issued a news release announcing that the wildfires were creating hazy conditions in New York City and elsewhere, urging residents to limit exposure and saying state experts were monitoring the situation. On Wednesday morning, as many New Yorkers woke up to a thick blanket of haze, the governor spoke to reporters in Albany about the situation, saying it was “an emergency crisis” and warning it could last several days. Asked about the wisdom of declaring a state of emergency, Ms. Hochul said that it was unnecessary. “A state of emergency is a mechanism you use when there’s something you can do about it,” she said. “We don’t have a lot we can do about the circumstances for contaminated toxic air coming into our airspace, so there’s not a need for deploying resources or bringing money to the table.”

Persons: ”, Jay Varma, Bill de Blasio, Hochul, there’s Organizations: Cornell Center for Pandemic Prevention, Mexico City, state’s Department of Environmental Conservation Locations: Beijing, Mexico, New York City, Albany

☆ How to Clear 500,000 Feral Cats From New York’s Streets
▼ + stars: | 2023-06-08 | by ( Richard Schiffman | Erin Schaff | ) www.nytimes.com time to read: +1 min

There are colonies in virtually every neighborhood with suitable nooks and crannies — in Bushwick, in Washington Heights, in Ozone Park. There may be as many as half a million feral cats padding around New York City, but no one knows for sure. “No one knows, and the city doesn’t care to know,” said Will Zweigart, the founder of Flatbush Cats, the nonprofit group that Ms. Gabriel and scores of others volunteer with. “Because if they knew, they would be accountable to do something about it.”There are a number of reasons for the explosion in feral cat colonies. Some people, fearing that their unwanted cats would be euthanized if they were taken to a shelter, simply let them out on the streets and hoped for the best.

Persons: ”, Will Zweigart, Gabriel Organizations: Flatbush Cats, Yorkers Locations: Flatbush, Bushwick, Washington Heights, Ozone, New York City

☆ Warren Buffett – he invests just like us!
▼ + stars: | 2023-06-07 | by ( Jeffrey Goldfarb | ) www.reuters.com time to read: +7 min

NEW YORK, June 7 (Reuters Breakingviews) - “Do as I say, not as I do” sounds like the kind of pithy thing Warren Buffett might say to his adoring throngs. The conglomerate was an investor for a dozen years, until Buffett got spooked by Freddie Mac’s overly rosy earnings growth projections. The $1.3 billion stake it finished accumulating in 1994 was worth $25 billion last month. A $13 billion stake in IBM (IBM.N) came and went, as did $8 billion of JPMorgan (JPM.N) and almost $3 billion of biopharmaceutical company AbbVie (ABBV.N). Warren Buffett, Berkshire’s chairman and CEO, said that geopolitical tensions contributed to the decision to sell most of the $4.1 billion TSMC stake just a few months after buying it, the Nikkei reported on April 11.

Persons: Warren Buffett, can’t, There’s, Buffett, Freddie Mac, Freddie Mac’s, Coke, Benjamin Moore, TSMC, ”, Wells, ” Buffett, Berkshire Hathaway, John Foley, Sharon Lam Organizations: YORK, Reuters, Berkshire Hathaway, Home Loan Mortgage, U.S ., Berkshire, BNSF, Taiwan Semiconductor Manufacturing, Buffett, ” Morningstar, Treasury, New York Stock Exchange, American Express, IBM, JPMorgan, Activision, Occidental Petroleum, Paramount Global, Oracle, Reuters Graphics Reuters, Nikkei, Thomson Locations: Berkshire, U.S, TSMC . Berkshire, Japan, Taiwan, Omaha, China

☆ CNN's story on the ouster of its CEO is a giant middle finger
▼ + stars: | 2023-06-07 | by ( Hayley Peterson | ) www.businessinsider.com time to read: +2 min

CNN reporter Oliver Darcy described Licht's tenure as "stained by a series of severe missteps." Darcy wrote that Licht alienated employees at all levels of CNN and effectively "lost the room." He said the chairman and CEO alienated employees at all levels of the organization and effectively "lost the room." But he "quickly squandered much of that goodwill through a series of blunders, many of his own making," Darcy wrote. "In the final days, Licht seemed to understand that he had alienated staffers," Darcy wrote.

Persons: Christ Licht, Oliver Darcy, Darcy, Licht, Chris Licht, Licht's, Jeff Zucker, Stephen Colbert, Brian Stelter, Donald Trump, Kris Coratti Kelly, Matt Dornic Organizations: CNN

☆ Opinion | Republicans Are No Longer Calling This Election Program a ‘Godsend’
▼ + stars: | 2023-06-06 | by ( Jesse Wegman | ) www.nytimes.com time to read: +2 min

Because of our decentralized election system, the responsibility to sort out this mess falls to the states. Federal and state laws require states to maintain accurate voter rolls, but the states have no established way to communicate and coordinate with one another. The existence of searchable voter data itself is relatively new: As recently as 2000, only seven states had computerized statewide voter databases. One early effort, like the Interstate Crosscheck program, failed miserably because of inadequate data analysis and poor security practices. That information — drawn from voter rolls, D.M.V.

Persons: ERIC, “, ”, Danielle Lang, Ron DeSantis Organizations: Federal, District of Columbia Locations: Florida, ”, Ohio

☆ Steakholder Foods and Umami Meats have teamed up to create the world's first 3D-printed cultivated fish fillet
▼ + stars: | 2023-05-31 | by ( Michelle Cohan | ) edition.cnn.com time to read: +6 min

A “Star Trek“-like, food-on-demand 3D printer has just served up a real, cultivated fish fillet for the first time. Steakholder Foods, a startup based in Israel, produced the 3D-printed cut of grouper – “a significant milestone in the food industry,” says Arik Kaufman, CEO of Steakholder Foods. Chicken nuggets from Steakholder Foods, pictured, are considered a hybrid product, containing both plant-based and cultured ingredients. At the time of writing, Singapore is the only country in the world where cultivated meat products are commercially available. “One way is to create hybrid products, so something that (combines) cultivated meat with plant-based meat or conventional meat,” Block tells CNN.

Persons: ”, Arik Kaufman, Mihir Pershad, ” Kaufman, we’ve, Orit Goldman, Liz Specht, Davis, Ronen Mangan, David Block, GFI’s Specht Organizations: CNN, Steakholder Foods, Good Food Institute, UN, of California, NASA, Foods, Food and Drug Administration, FDA, UC Davis, Consortium Locations: Israel, Singapore, bioreactors, California

☆ A Veteran Business Journalist (and Wine Lover) Learns an Age-Old Lesson
▼ + stars: | 2023-05-30 | by ( James Barron | ) www.nytimes.com time to read: +1 min

As he acknowledged, the story was unusual because it had started with his own experience with Sherry-Lehmann, a New York store that had long been venerated. Many New Yorkers who don’t know wine know about Sherry-Lehmann. “The customer base on the Upper East Side left town,” debilitating the company’s bottom line, Stewart told me. For people who know their wine, Sherry-Lehmann was something more than a retail store with Park Avenue respectability. Just as there are corn futures and soybean futures, there are wine futures, which struck me as a concept a business reporter would love.

☆ Americans hate tipping so much it was once banned in 7 states
▼ + stars: | 2023-05-22 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

By the 1700's, tipping in Europe had evolved from masters tipping servants to customers tipping service-industry workers. Seven states passed anti-tipping legislation in the early 1900sBy the early 1900s, early grumblings about tipping had escalated into full-fledged anti-tipping movements. But in 1919, the Iowa Supreme Court ruled that the state's anti-tipping law was unconstitutional, and other states followed by striking down or repealing their own similar legislation. Tipping persists in the US todayDespite originating in Europe, tipping has become deeply ingrained in American culture. Today, while many Americans aren't fans of tipping, and some restaurants have tried doing away with the practice, tipping is unlikely to be banned anywhere in the US anytime soon.

☆ The Over 2,000-Year-Old Beauty Technique Pros Still Swear By—And 4 More Ancient Skincare Tricks Worth Trying
▼ + stars: | 2023-05-20 | by ( Amber Kallor | ) www.wsj.com time to read: 1 min

THE OLD AND THE BEAUTIFUL Some centuries-old beauty implements—like gua sha stones and body planes—have seriously stood the test of time. THE BEAUTY world perpetually churns out new, high-tech devices that claim to pluck, prick, suck, slough and zap skin to perfection. But for people like Ericka Anderson, 33, a marketing copywriter in Kansas City, Mo., some truly ancient techniques never get old. Take gua sha stones, used to massage and de-puff the face, and dry brushing, which purportedly promotes lymphatic drainage. These old-school modalities, said Anderson, are “less expensive and more straightforward” than many new gadgets and lend themselves to agreeably “methodical” self-care routines.

☆ Sam Zell, 81, Tycoon Whose Big Newspaper Venture Went Bust, Dies
▼ + stars: | 2023-05-18 | by ( Robert D. Mcfadden | ) www.nytimes.com time to read: +2 min

Nevertheless, in 2007, the Blackstone Group bought Mr. Zell’s firm — then known as Equity Office Properties Trust — for $39 billion. A Deal Comes With DebtLike many newspapers, the Tribune properties were hemorrhaging advertising revenues and readers to the internet. The company had been on the auction block for months when Mr. Zell — insisting that his interests were purely economic, not editorial — offered $34 a share in a complex transaction to take the company private under an employee stock-ownership plan. In that highly leveraged buyout, the debt was to be paid off almost entirely by cash generated by the company’s continuing operations. The new corporation was exempt from federal income taxes, and the debt was reduced by the sale of Newsday, the Cubs and Wrigley Field.

But, given the hopes invested in China's economic growth and liberalisation, foreign firms' demand for expert knowledge about the Chinese market, the regulatory landscape, potential business partners and opportunities will inevitably keep growing. Smaller firms saw opportunity to fill the space left by any rivals, like Capvision, that fall foul of China's authorities. China's expert network market, however, will suffer from bad publicity in the short-term, as "no one wants to be associated with police crackdown," said Max Friberg, CEO of Inex One, a Stockholm-based marketplace connecting investors with expert networks. For now though, the trade in expert information clearly has become more cautious. "It's unfortunate that the expert network business gets into the public limelight in such a way," China Insights Consultancy (CIC), the country's second largest expert network company, said in a statement to Reuters.

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