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2 official, who is charged with running its economy – and one more move for Xi to cement his control over the official narrative. China's Premier Li Qiang speaks during a press conference after the closing session of the National People's Congress in Beijing on March 13, 2023. He used his first and likely last press conference last year to highlight the prominence of the Communist Party over the state government. The axing of the premier’s press conference came alongside a shortening of the “two sessions” overall – first imposed during the pandemic to prevent the spread of Covid. Traffic slowed due to checkpoints on surrounding streets, with security officials even stopping and checking IDs of some cyclists riding on a major throughfare along the square.
Persons: Xi Jinping, Xi, , Liu Dongshu, Jinping, Li Qiang, Greg Baker, Premier Li Keqiang, Xi protégé Li Qiang, Li, , ” Li, Liu, ” Changhao Wei, Paul Tsai, presser, Tatan Organizations: Beijing CNN, of, National People’s Congress, City University of Hong, National People's Congress, Premier, Communist Party, Paul Tsai China Center of Yale Law School, National People's, AP, Communist Locations: Beijing, Communist, China, City University of Hong Kong, AFP, Hong Kong, Tiananmen
The 40-year-old multihyphenate has been nominated for four Academy Awards, once for directing "Lady Bird" and three times for her writing. "I got rejected from every graduate school I applied to," she once said in an appearance on the "Employee of the Month" podcast. The challenge of breaking into the industry also had another side effect: for years, Gerwig was hesitant to negotiate her salary. In a 2020 interview with CNBC Make It, she said she worried about asking "for too much." Regardless of whether she takes home a statuette for "Barbie", Gerwig isn't facing much rejection these days.
Persons: Greta Gerwig, Barbie, Frances Ha, Joe Swanberg's, Hanna, Gerwig, didn't Organizations: Yale, Juilliard, NYU, CNBC, Netflix Locations: Hollywood
Why private equity has been involved in every recent bank deal
  + stars: | 2024-03-06 | by ( Hugh Son | ) www.cnbc.com   time to read: +2 min
Greg Nash | ReutersThe $1 billion-plus injection that New York Community Bank announced Wednesday is the latest example of private equity players coming to the need of a wounded American lender. Led by $450 million from ex-Treasury Secretary Steven Mnuchin's Liberty Strategic Capital, a group of private investors are plowing fresh funds into NYCB. That happened to Silicon Valley Bank, whose failure to raise funding last year was effectively its death knell. On Wednesday, headlines around noon that NYCB was seeking capital sent its shares down by 42% before trading was halted. "With private deals, you can talk for a while, and we almost got to the finish line before there was any publicity."
Persons: Jerome Powell, Steven Mnuchin, Greg Nash, Steven Mnuchin's, Warburg Pincus, HomeStreet, Steven Kelly, NYCB Organizations: Financial, Treasury, Reuters, York Community Bank, Strategic Capital, Centerbridge Partners, FirstSun, Wellington Management, Yale Program, Silicon Valley Bank Locations: Rayburn, Washington , U.S, NYCB, PacWest, Banc, California, it's, Silicon
The Dells contributed nearly $976 million to their charitable funds, which distribute gifts to a wide array of charities. Together, the 50 donors on the list contributed a total of $11.9 billion to charity in 2023. Only 23 of the richest Americans on the Forbes 400 list donated enough to appear on the Philanthropy rankings. 13 on the list, they contributed $210 million to the Institute for Protein Innovation, which shares its data with scientists for free. _____Maria Di Mento is a senior reporter and Jim Rendon is a senior writer at the Chronicle of Philanthropy, where you can read the full article.
Persons: Michael Bloomberg, Phil Knight, Penny, Michael Dell, Susan, Bill Gates, Melinda French Gates, Bernie Marcus, Ken Langone, Arthur Blank, , , Renee Kaplan, — Franklin Antonio, Hugh Hoffman, , Tim Springer, Chafen Lu, Diego’s Jay Kahn, Lauder, Sergey Brin’s, Michael J, Robert Kraft, Lucia Woods, David, Kathleen LaCross, Pierre Omidyar, Pam, They’re, John, Laura Arnold, Laura, ” Laura Arnold, Wendy Schmidt, Eric Schmidt, “ Younger, Kaplan, Jeff Sobrato, _____ Maria Di Mento, Jim Rendon, Kay Dervishi Organizations: New, New York City, Nike, Bloomberg, Knights, University of Oregon, Dells, Forbes, Forward, Qualcomm, Summer Science, SETI Institute, ALS Association , University of Cincinnati Foundation, Cincinnati Zoo, Botanical, Nature Center, Yale University, Institute for Protein Innovation, Price Club, Apple, San Diego Foundation, Discovery Foundation, Google, Fox Foundation, Parkinson’s Research, New England Patriots, Foundation, Combat, Ms, Foundation for Women, Chicago Foundation for Women, University of Virginia Darden School of Business, eBay, District of Columbia, Associated Press, Philanthropy Locations: New York, Portland , Oregon, Ohio, Moderna, California, Florida, Texas, Virginia, Washington, Hawaii, Massachusetts
They were gathered for the inaugural summit of The Juggernaut, a digital South Asian news startup that launched in 2019. The Juggernaut spokesperson told BI that "multiple employees have equity in the company," but BI was unable to identify any such employees. "Twenty years ago, you might've struggled to mention a South Asian actor that you've seen in a movie," he said. As of January, the site had about 10,500 subscribers, Sur told investors in an email viewed by BI. Some feel that the publication has strayed from its mission of delivering "untold, smart South Asian stories and news you won't find anywhere else."
Persons: , Richa Moorjani, Manish Chandra, Anish Melwani, Sadiq Khan, Amitav Ghosh, Roy Rochlin, Jay Bhattacharya, didn't, Sur, Padma Lakshmi, Moorjani, Mira Nair, Oprah Winfrey, she'd, who've, Josh Benson, Bhattacharya, might've, you've, Dev Patel, Priyanka Chopra, Black millennials, Bhattacharya's, Adam Hansmann, Kevin Lin, Albert Ni, Charles Hudson, Steve Jennings, Sur's, Kyle Stanford, Axios, Stanford, Snigdha, Winfrey, MICHAEL TRAN, hadn't, wouldn't, Fariha Róisín, Meghna Rao, Róisín, Rao, Rao didn't, they'd, she's, it's, Hudson, who'd, Reetu Gupta, Aditi Shah, Sean Gupta, Steven Simione, would've, we're, Brian Morrissey, Morrissey, cofounders, Narendra Modi's, Sneha Mehta Organizations: Spring Studios, Netflix, Business, New Yorker, Harvard Business School, Guardian, American, Old Town Media, Athletic, BI, Indian, Yale, McKinsey, Precursor Ventures, Forbes, Getty, TechCrunch, YouTube's Sustainability, YouTube, Paramount Pictures Studios, Immigration Services, Stanford, Digiday, Gannett Locations: York City, chai, Jean's, hasn't, Sur, New York City, South, Asian, India, Madhya Pradesh, Queens, Sur texted, Indian American, AFP, Róisín, Los Angeles , California, South Asia, Silicon
The NewsBrown University will reinstate standardized testing requirements for admission, joining Yale, Dartmouth and M.I.T. In its announcement, Brown said that test results were a clear indicator of future success. Brown also echoed concerns expressed by both Dartmouth and Yale that suspending test requirements had the unintended effect of harming prospective students from low-income families. Last year, Brown said it had received more than 51,000 applications for its fall 2023 class. For every school that is bringing back standardized tests, a number of institutions are going in the opposite direction, as part of a growing test-optional movement in the United States.
Persons: Brown, Organizations: News Brown University, Yale, Dartmouth, ACT Locations: M.I.T, Providence, R.I, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWomen are the economy's secret weapon, says Yale University's Joanne LipmanJoanne Lipman, Yale University lecturer, joins 'Squawk Box' to discuss the role of women in the U.S. economy, why she believes women are the economy's secret weapon, and more.
Persons: Yale, Joanne Lipman Joanne Lipman Organizations: Yale University Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYale's Stephen Roach says China may have run out of imaginative solutions to its tough problemsStephen Roach, senior fellow at Yale Law School, discusses the significance of China's Third Plenum delay and what that means for its "Two Sessions."
Persons: Stephen Roach Organizations: Yale Law School Locations: China
The 65-year-old billionaire says he now regrets stressing about his age every time he hit a big numerical milestone. Just one thing: I wish I hadn't thought I was getting old at every milestone [birthday]… 30,40,50," Cuban wrote in a recent post on Threads. You may need to change your habits as you age to stay healthy, Cuban noted. Rather than getting frustrated about those changes, embrace them, Cuban wrote on Threads. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.
Persons: Mark Cuban, , Cuban, Becca Levy, Cuban's, Steve Kamb, Yoav Bergman, Bergman, he's, Recode, That's Organizations: Dallas Mavericks, Yale University, Foundation University Islamabad, CNBC Locations: Pakistan, Cuban
Meet the Disney heirs rallying behind Bob Iger
  + stars: | 2024-03-03 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +5 min
Roy O. Disney's grandchildrenRoy O. Disney had one son with his wife Edna Francis — Roy E. Disney, a long time Walt Disney Company executive. Roy P. DisneyRoy P. Disney told NYT that activist investors "must be defeated." AdvertisementIn a 2010 interview, Roy P. Disney said he worked as an investor based in California. Joe Scarnici/Stringer/Getty ImagesWalter Elias Disney MillerWalter Miller is the co-founder of the Walt Disney Family Museum, which opened its doors in 2009. Tamara Diane MillerTamara Miller spent four years as the President of the board of directors of the Walt Disney Family Museum.
Persons: , Roy, Walt Disney, Bob Iger, Nelson Peltz, Walt, Roy O, Disney, Edna Francis — Roy E, Roy E, Patricia Ann Dailey, Roy P, Disney Roy, George Pimentel, WireImage, Disney's, hasn't, Abigail Disney Abigail Disney, Ralph Orlowski, Burda Media Abigail Disney, she's, Abigail, Susan Disney, Susan Lord, Phillip Faraone, Tim Disney Tim Disney, Stefanie Keenan, Tim Disney, Diane Disney Miller, Sharon Disney, Diane Miller's, Ron Miller, Jennifer Goff, Tammy Miller, Joanna Miller, Walter Miller, Joe Scarnici, Stringer, Walter Elias Disney Miller Walter Miller, Joanna Sharon Miller Joanna Miller, grandpa, Joanna, Jim, Tamara Diane Miller Tamara Miller, Tamara Miller, Jennifer Miller, Goff Jennifer Miller, Goff Organizations: Service, Disney, Business, Walt Disney Company, Getty, New York Times, Burda Media, Yale, Stanford, Mouse, Bel, Harvard University, California Institute of, Arts, Walt Disney Productions, Walt Disney Family Museum, Jim Hill Media, Walt Disney Family Locations: California, Munich, Germany, Columbia, Los Angeles
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing buying Spirit AeroSystems makes a 'good deal of sense', says Yale's Jeffrey SonnenfeldHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Yale's Jeffrey Sonnenfeld, Brian Sullivan, Organizations: Boeing, CNBC
The author dressed in his Yale look. My fellow Yale students became my inspirationWhen you think of Yale and fashion, the prep and Ivy League styles come to mind. There is no singular "Yale" look anymore. I've seen folks associated with FLY — Fashion Lifestyle at Yale, a new student-led fashion collective — create looks that belong on a runway day after day. While Yale has more than its fair share of fashion mavericks, the Ivy League style is still around.
Persons: , I've, it's, Miles Kirkpatrick Organizations: Service, Yale, Business, Ivy League, mavericks, Vanderbilt Hall Locations: North Carolina, New Haven, Patagonia, Yale
Why It Matters: Vaccines often arrive too late to stamp out outbreaks. Public health messaging can “be really powerful to control epidemics, even as we’re waiting for things like vaccines to come,” he said. Some experts unrelated to the work were not convinced that behavioral change was largely responsible for stemming the outbreak. “Add in some vaccine-induced immunity in this group and a bit of behavior change, and it will be even more effective,” he said. “As we’ve seen with Covid, the behavioral change only lasts so long,” she said.
Persons: Miguel Paredes, Paredes, , Bill Hanage, Thomas Skinner, Virginia Pitzer, we’ve Organizations: Fred Hutchinson Cancer Center, Food and Drug Administration, Vaccines, Harvard, of Public Health, Disease Control, Yale School of Public Health Locations: Seattle, North America, Chan, resurging
A former graduate student at M.I.T. has pleaded guilty to killing a Yale graduate student in January 2021 in a gruesome shooting that shocked people on both university campuses. That changed on Thursday, when Mr. Pan pleaded guilty, possibly bringing an end to a case that had caused some Connecticut residents to question the competence of local police. Mr. Pan faces a single charge of murder, according to a statement by John P. Doyle Jr., the state’s attorney in New Haven. ’s department of electrical engineering and computer science, Mr. Pan met Zion Perry, an undergraduate student at M.I.T., and they became friends.
Persons: Qinxuan, Pan, John P, Doyle Jr, Zion Perry, Perry, Kevin Jiang Organizations: Yale, New Haven, Facebook Locations: M.I.T, Connecticut, New Haven
Craft your questions to hit these three notesNearly any question can be remade into a deep question. The key is understanding three characteristics: A deep question asks about someone's values, beliefs, judgments, or experiences — rather than just facts. One forthcoming study found a simple approach to generating deep questions: Before speaking, imagine you're talking to a close friend. A deep question asks people to talk about how they feel. But studies show people are nearly always happy to have been asked, and to have answered, a deep question.
Persons: you've, You've, , Nicholas Epley, Epley, Michael Yeomans, Charles Duhigg Organizations: University of Chicago, Harvard, Yorker, The New York Times, Yale, Harvard Business School, CNBC
Edgar Su | ReutersBEIJING — China is beefing up national security measures by expanding its protections of state secrets to include a broad category of "work secrets." The new rules, set to take effect May 1, describe how precautions taken for state secrets should also apply to unclassified information known as work secrets. "There is a risk that individual departments will overzealously identify matters as 'work secrets,'" Daum said. He also founded the website China Law Translate, which published an unofficial English translation of the new rules. Growing national security concernsThe updated state secrets law comes as Beijing and Washington increasingly cite national security risks when announcing new restrictions for business.
Persons: Edgar Su, Xi Jinping, Jeremy Daum, Yale Law School's Paul Tsai, Daum, Jeremy Daum Yale Law School's Paul Tsai, Gabriel Wildau Organizations: of, Initiative, Reuters, Yale Law, Yale Law School's Paul Tsai China Center, China, Jeremy Daum Yale Law, Jeremy Daum Yale Law School's Paul Tsai China Locations: Beijing, China, Reuters BEIJING, Washington
Roughly two dozen schools have introduced "no-loan" policies, which means they are eliminating student loans altogether from their financial aid packages. "They are giving them out like candy now," said Menaka Hampole, an assistant professor of finance at Yale School of Management, of the growing number of no-loan policies. "Post-Covid more schools are rolling out no-loan policies mostly on the back of Princeton, which had the money in its endowment to do something," Hampole said. Even if a school has a no-loan policy, that also does not prevent a student or family from borrowing money to help cover their contribution. "No loan doesn't mean free," said Robert Franek, The Princeton Review's editor in chief and author of "The Best 389 Colleges."
Persons: Menaka Hampole, Hampole, Colin Hatton, Hatton, Robert Franek, Nicole Hurd, Hurd, Biden, Terra Gallo, Gallo, Colby, Jackie Hardwick, Hardwick, Randi Maloney, Franek Organizations: Yale School of Management, Princeton, Nationwide, Lafayette College, Finance, Colby College, Colby, The Princeton Locations: Easton , Pennsylvania, Lafayette, Waterville , Maine, Jacksonville , Florida
Go ahead and call Richard Lewis the comedian from hell. But his most indelible legacy could be one simple phrase, spoken so often that its origin might never be questioned. “The (insert hated thing here) from hell.”It’s a phrase that seemingly has been around since time immemorial. The flight from hell, the day from hell, the lunch from hell. According to Richard Lewis and the “Yale Book of Quotations,” it came from him.
Persons: Richard Lewis, You’d, HBO’s, , Lewis, Organizations: Yale, Twitter, UPI
Opinion | Defending Academic Freedom on Campus
  + stars: | 2024-02-26 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “Academic Freedom Under Fire,” by Jennifer Schuessler (The Arts, Feb. 17):Reading this article one might think that the only people concerned about academic freedom are newly formed faculty groups that have “sprung up” at Harvard, Yale and Columbia. In fact, the American Association of University Professors, with about 43,000 members, has defined and defended academic freedom since 1915. The vast majority of higher education faculty members today are in contingent appointments. They are not eligible for tenure, and so most have no protection when they are disciplined as a result of violations of academic freedom. has advocated a robust concept of academic freedom.
Persons: Jennifer Schuessler Organizations: Harvard, Yale, American Association of University, Penn, Columbia, Rutgers Locations: Columbia, A.A.U.P, N.Y.U, Cornell
New York CNN —Four more private universities have agreed to settle a lawsuit which alleged they violated antitrust laws in determining financial aid amounts for admitted students, according to court documents filed Friday. Dartmouth College, and Rice, Vanderbilt and Northwestern universities agreed to pay a total of $166 million to settle claims filed in a 2022 class action lawsuit alleging the schools colluded on the amount of financial aid awarded to students, while favoring applicants from wealthier families. In 2022, the University of Chicago agreed to settle for $13.5 million. “Nearly 15% of this year’s first-year class is attending Dartmouth without responsibility for paying tuition, housing, meals and many other fees, and more than half of the class receives some form of financial aid. Meanwhile, Dartmouth, Rice, Vanderbilt and Northwestern’s settlements range from $33.75 million to $55 million each.
Persons: Brown, Emory, , , Robert Gilbert Organizations: New, New York CNN, Dartmouth College, Vanderbilt, Yale, University of Chicago, CNN, University, Dartmouth, ” Rice University Locations: New York, Rice, Northwestern, Columbia, Duke, Dartmouth
Apply for financial aidIn ordinary years, high school graduates miss out on billions in federal grants because they don't apply for financial aid. Because this year's award letters are likely to look a lot different, that also opens the door for families to ask for more college aid. In that case, you may be able to appeal to the college financial aid office, according to Menaka Hampole, assistant professor of finance at the Yale School of Management. Alternatively, if the financial aid packages from other, comparable schools were better, that is also worth bringing to the school's attention in an appeal. "It's very important for students and families to know that financial aid offices tend to be very approachable," Greenberg said.
Persons: haven't, Rick Castellano, Sallie Mae, Greenberg, Menaka Hampole Organizations: U.S . Department of Education, National College, College, Network, Yale School of Management
Tackling the tax gap: IRS cracks down on wealthy
  + stars: | 2024-02-22 | 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 EmailTackling the tax gap: IRS cracks down on wealthyNatasha Sarin, Yale Law School and Yale School of Management professor and former Treasury Department official, and Alex Brill, American Enterprise Institute senior fellow and former House Ways and Means Committee policy director and chief economist, join 'Squawk Box' to discuss the IRS' plans for 'dozens of new audits' of corporate jet usage as part of its increased scrutiny of large corporations, complex partnerships and top earners, the best ways to tackle the tax gap, and more.
Persons: Natasha, Alex Brill Organizations: Yale Law School, Yale School of Management, Treasury Department, American Enterprise Institute senior
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing needed to focus on accountability: Yale's Sonnenfeld on ousting of Max 737 program headHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Sonnenfeld, Max, Brian Sullivan, Organizations: Boeing, CNBC
It’s unclear how the proclamation under discussion would be executed and what, if anything, would be different from what was enacted during the Trump administration. Trump tried to close the US southern border to asylum seekers crossing the border unlawfully while in office, invoking provisions in immigration law, but was blocked by the courts. It’s likely to face legal challenges if the White House were to move forward with it. Administration officials, facing dwindling border security funds, have also discussed whether declaring a national emergency could shore up funds, two sources said. The White House supplemental request includes $14 billion in border security but remains stalled in Congress.
Persons: Donald Trump, Joe Biden, Republicans —, Trump, Angelo Fernández Hernández, , Johnson, Biden, , ” Biden, Trump –, ” Stephen Yale Organizations: CNN, Republicans, House Republicans, Administration, White Locations: Mexico, United States
“Lately, there’s been so many overdose deaths that were inadvertent. She applauded the new RAND survey for shedding light on what adults go through when they lose someone to overdose. “Those are some of the regions where we see the highest number of overdose deaths. This is also rarely discussed in scientific and policy circles,” Pollini said of the RAND survey. “Because the data come from a survey of adults, the study does not provide insight into how overdose deaths impact children.
Persons: Gail D’Onofrio, D’Onofrio, , there’s, ” D’Onofrio, , Alison Athey, Athey, Kerry Nolte, ” Nolte, Nolte, “ I’ve, I’ve, Kurt Kleinschmidt, it’s, Kleinschmidt, ” Kleinschmidt, ” Robin Pollini, , ” Pollini, Dr, Sanjay Gupta Organizations: CNN, RAND Corporation, Yale School of Medicine, Yale New Haven Hospital, RAND, University of New, East South, University of Texas Southwestern Medical Center, West Virginia University, US Centers for Disease Control, Prevention’s National Center for Health Statistics, CNN Health Locations: United States, Connecticut, University of New Hampshire, New England, East South Central, Alabama, Kentucky , Mississippi, Tennessee
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