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"I'm very, very lucky because I wouldn't have had the courage to go and do that acquisition, but I give all the credit in the world to Dave Clark," Petersen said. "There's a perfect complement of skill sets," Petersen told Forbes in June 2022. Petersen told Clark he should engage with Shopify's team, according to a person with direct knowledge of the negotiations. Clark, Petersen and Wagers met in Texas in mid-August to fine-tune the forecasts. Flexport told CNBC that an employee's politics are not relevant in personnel decisions.

Persons: Dave Clark, Ryan Petersen, he'd, Petersen, Clark, excoriated Clark, we've, Clark wasn't, Jeff Bezos, It's, Flexport, Clark overspent, Flexport's, He'd, Sanne Manders, Dave, Shopify, Tobias Lutke, Lutke, Shopify's, glanced, didn't, Fund's Trae Stephens, Michael Ronen, SoftBank, Andreessen Horowitz, Bob Swan, Samyukta Lakshmi, Kenny, Stuart Leung, pare, Leung, —, Lindsey Wasson, Clark's, Stephens, Peter Thiel, Trump's, Petersen's, Sen, Joe Manchin, Chris Ferro, Ferro, Parisa Sadrzadeh, couldn't, Amazon, Sadrzadeh, Burak Yolga, Yolga, Nelly Organizations: North, Amazon, Twitter, CNBC, UPS, FedEx, Milken Institute Global Conference, Bloomberg, Getty, Forbes, Deliverr, Shopify's, Anduril Industries, Intel, Intel Corp, U.S ., Clark, Republican, Founders Fund, Democratic, Street Journal, Flexport Locations: Phoenix, Silicon, Clark, Beverly Hills , California, U.S, Flexport, Deliverr, Miami, Flexport's Bellevue , Washington, Bengaluru, India, Flexport's, Asia, U.S . West Coast, Texas, Ohio, Arizona, Thiel's, West Virginia, Seattle, integrations

☆ Inside Project Nile: Amazon's secret AI-powered plan to change the way you shop online.
▼ + stars: | 2023-10-02 | by ( Eugene Kim | ) www.businessinsider.com time to read: +10 min

"Project Nile is a confidential initiative wherein we're building a conversational shopping agent for Retail customers," one internal document explained. Wearing that "I love AI" t-shirt, Sirosh, VP of Amazon Search and Alexa Shopping, introduced Project Nile as a "super confidential" project. Project Nile isn't the only move Amazon has made in the popular generative AI space. For Amazon's retail side, Project Nile is one of the most important projects. Sirosh has told his team he's "staffing up very rapidly" as Project Nile is the "absolute top priority."

Persons: Joseph Sirosh, Sirosh, Stephen Lam, It's, they're, Andy Jassy, Doug Herrington, Jassy, Rohit Prasad, ChatGPT, Microsoft's Bing, Google's Bard Organizations: Amazon, Microsoft, Retail, Amazon Search, Alexa, Nile, ChatGPT, Google Locations: Anthropic, OpenAI

“I’m going to Court tomorrow morning to fight for my name and reputation,” Trump wrote Sunday night on his Truth Social platform. !” Trump wrote. James, a Democrat, is seeking $250 million in penalties and a ban on doing business in New York. James' lawsuit accused Trump and his company of a long list of fibs in the financial statements he gave to banks. James’ lawsuit is one of several legal headaches for Trump as he campaigns for a return to the White House in next year's election.

Persons: Donald Trump, “ I’m, ” Trump, Trump, Letitia James, Arthur Engoron, ”, James, Engoron, Michael Cohen, Jean Carroll, Engoron’s, ” Engoron, James ’, Banks, Jill Colvin Organizations: New York, Trump Organization, Democrat, Trump, NYS, New York City, White, Associated Press Locations: New York, Manhattan, Sisak, x.com

Trump and Meadows tried to challenge the former president's election loss in several states. Both are under indictment in Georgia for what prosecutors have called an illegal conspiracy to overturn the results. In her book, Hutchinson writes that starting in mid-December, Meadows wanted a fire burning in his office every morning. She said one day when Republican Rep. Devin Nunes of California came to meet with Meadows, the congressman asked Hutchinson to open the windows in Meadows' office because it was smoky. Giuliani denied the allegation in an interview on Newsmax last week, calling it “absolutely false, totally absurd.”“First, I'm not going to grope somebody at all.

Persons: —, Donald Trump’s White, Mark Meadows, ” Cassidy Hutchinson, Trump, ” Hutchinson, Meadows, Hutchinson, Devin Nunes, Rudy Giuliani, She, Giuliani, ”, I'm Organizations: Donald Trump’s White House, Associated Press, White, U.S . Capitol, Trump, National Archives, Republican, Capitol, New York City Mayor, Newsmax Locations: Georgia, California, Meadows, “, New York, Washington

☆ Rui Jiang: Armed man arrested at the Park Valley Church in Virginia after posting threats on Instagram, police say
▼ + stars: | 2023-09-26 | by ( Jessica Xing | ) edition.cnn.com time to read: +3 min

Rui Jiang, 35, was arrested Sunday at the Park Valley Church in Haymarket, Virginia, the Prince William County Police Department said in a statement. The Prince William County Public Defender’s Office declined to identify his attorney to CNN. Jiang wasn’t at the residence, but investigators were also able to give a description of his vehicle to officers in Prince William County. Letters and other documents related to the case were found in Jiang’s home, Prince William County Police Sgt. “We are equally grateful for the coordination with Fairfax County Police Department and Prince William County Police Department to bring this individual into custody.

☆ How to buy one of those cheap, abandoned houses in Japan, according to a Canadian dad of 2 who did it
▼ + stars: | 2023-09-24 | by ( Amanda Goh | ) www.businessinsider.com time to read: +5 min

Eric McAskill, bought an abandoned house, or akiya, in rural Japan through an akiya bank for $23,600. Foreigners can obtain Japanese real estateOne of the best parts of Japan is that foreigners can own property, McAskill said. AdvertisementAdvertisementBut navigating akiya banks can be confusing because every community in Japan manages its own directory of abandoned houses, McAskill said. "The real-estate agents worked with the notary here to prepare the documents and sent me a copy in Bali," McAskill said. AdvertisementAdvertisementThe transaction was finalized without a hitch, and McAskill's currently in the midst of restoring the abandoned property.

Persons: Eric McAskill, McAskill, —, eyeing, they've, McAskill's Organizations: Service, Foreigners Locations: Japan, Wall, Silicon, Bali , Indonesia, Bali, Canada

REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsWASHINGTON, Sept 22 (Reuters) - The 2024 presidential election promises to be like no other modern U.S. election. He will be 81 when the election is held in November 2024, making him the oldest American ever to win a presidential election should he secure a second term. Republican presidential candidates are split between those saying abortion laws should be left to the states and those supporting a national ban. Republican candidates, including Trump, have blamed Biden for reversing more restrictive Trump-era policies and have pledged to step up border security. Other Republican candidates, such as Pence and Haley, say the United States must continue to back Ukraine.

Persons: Joe Biden, Kevin Lamarque, Donald Trump, Democrat Joe Biden, Grover Cleveland, Biden, Trump, Ron DeSantis, Nikki Haley, Mike Pence, Chris Christie, Vivek Ramaswamy, DeSantis, Kamala Harris, Robert F, Kennedy Jr, Marianne Williamson, Roe, Wade, Pence, Haley, James Oliphant, Ted Hesson, Heather Timmons, Ross Colvin, Kieran Murray, Jonathan Oatis Organizations: Major Economies, White, REUTERS, Rights, Republican, Democrat, Trump, White House, Democratic, WHO, U.S, United, New, Biden, Supreme, Reuters, Thomson Locations: Energy, Washington , U.S, Florida, New Jersey, America, Iowa, New Hampshire, Nevada , South Carolina, Michigan, South Carolina, California, Texas, Milwaukee , Wisconsin, Chicago, U.S, Mexico, New York, China, Ukraine, Russia, United States, Midwest, Michigan , Pennsylvania, Wisconsin, . Arizona , Georgia, Nevada, North Carolina, Southern

☆ Elon Musk's claim that no monkey died as a result of Neuralink implants contradicts records that show how the animals experienced brain swelling, paralysis, seizures, and other health effects, letter
▼ + stars: | 2023-09-21 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Elon Musk's Neuralink used monkeys to test its brain chip that can connect to a device. Musk said on X, formerly Twitter, that "no monkeys died as a result of Neuralink's chips." "First our early implants, to minimize risk to health monkeys, we chose terminal moneys (close to death already)," Musk wrote on September 10, misspelling monkeys. Other health effects included paralysis, seizures, loss of coordination and balance, and depression, PCRM wrote in the SEC letter. The average age of the dozen monkeys that died during Neuralink's research was 7.25 years, the group said.

Persons: Elon Musk's Neuralink, Musk, Elon Musk, PCRM, Andy Fell, UC Davis Organizations: SEC, Service, Securities and Exchange Commission, Responsible Medicine, WIRED, University of California, Primate Research Center, YouTube, UC Davis, UC, Neuralink, Care, California National Primate Research Center Locations: Wall, Silicon, Davis, California

Attorney General Merrick Garland said he was not instructed to charge Donald Trump with federal crimes, pushing back against comments made by the former president over the weekend. Trump told NBC that the charges he’s facing as part of special counsel Jack Smith’s classified documents and election interference probes are “Biden political indictments,” and that Biden “said to the attorney general ‘indict him.’”Democratic Rep. Adam Schiff of California asked Garland to respond to the allegation, “Was [Trump] telling the truth or was he lying when he said the president told you to indict him?”“No one has told me to indict,” Garland said, “and in this case the decision to indict was made by the special counsel.”“So that statement the president made on Sunday was false,” Schiff asked. Garland again repeated that “no one has told me who should be indicted in any matter like this, and the decision about indictment was made by Mr. Smith,” referring to special counsel Jack Smith.

Persons: Merrick Garland, Donald Trump, Trump, Jack Smith’s, Biden “, ‘, ’, Adam Schiff of, Garland, “, ”, ” Garland, ” Schiff, Smith, Jack Smith Organizations: NBC, Biden, Democratic, Adam Schiff of California

☆ Takeaways from the combative House Judiciary Committee hearing with Attorney General Merrick Garland
▼ + stars: | 2023-09-20 | by ( Jeremy Herb | ) edition.cnn.com time to read: +9 min

CNN —House Republicans and Attorney General Merrick Garland clashed Wednesday at a testy hearing that offered a preview of the coming Republican impeachment inquiry into President Joe Biden focused on allegations surrounding his son, Hunter Biden. He also didn’t engage in GOP attacks against special counsel Jack Smith’s investigations into former President Donald Trump. Judiciary Chairman Jim Jordan, one of the three committee chairs spearheading the impeachment inquiry, accused the Justice Department of not prosecuting Hunter Biden over the tax years when Hunter Biden was on the board of Ukrainian energy firm Burisma. “I’m going to say again, and again, if necessary, I did not interfere with, did not investigate, did not make determinations” on the Hunter Biden case, the attorney general said. I made him special counsel,” Garland said.

Persons: General Merrick Garland, Joe Biden, Hunter Biden, Garland, David Weiss, Weiss, Jack Smith’s, Donald Trump, Hunter, –, Jim Jordan, Jordan, Burisma, Biden, ” Jordan, Matt Gaetz, Devon Archer, ‘, ’ Garland, “ I’m, “, Garland didn’t, ” Garland, Trump –, Mr, Adam Schiff, Smith, “ Biden, Biden “, ’ ” “, Trump, ” Schiff, defunded, Jeff Van Drew, ”, ” Van Drew, Van Drew Organizations: CNN — House Republicans, Justice Department, Florida Republican, IRS, Trump, Republicans, Dems, Press, Supreme, House Republicans, New, New Jersey Republican, FBI, Southern Poverty Law Center, DOJ Locations: Ukraine, ”, Florida, Delaware, Eastern Europe, New Jersey

"Potentially, that means between 48 and 96 aircraft being taken out of service whilst airlines arrange for the parts to be removed," Reeve added. They asked the High Court on Tuesday to order AOG and Zamora Yrala to preserve relevant documents and to disclose sales documents relating to CF6 and CFM56 engines since February 2015. "Everybody now knows that AOG parts are not necessarily to be taken to be the claimants' parts," he said. The CFM56 jet engine powers the previous generation of Boeing 737s and about half of the previous generation of Airbus A320s. Britain's Civil Aviation Authority said in August it was "investigating the supply of a large number of suspect unapproved parts" through London-based AOG Technics.

Persons: Alwyn Scott, Matthew Reeve, Safran, AOG Technics, Reeve, Jose Zamora Yrala, AOG, Zamora, Zamora Yrala, Tom Cleaver, Sam Tobin, Tim Hepher, Tomasz Janowski Organizations: General, Co, REUTERS, Jet, CFM, General Electric, London's, Court, GE, Britain's Civil Aviation Authority, Boeing, Airbus, European Union Aviation Safety Agency, Bloomberg, Thomson Locations: Boston , Massachusetts, U.S, British, London, AOG

☆ Indonesian indigenous islanders are rallying against plans to build a Chinese funded factory on their homes
▼ + stars: | 2023-09-19 | by ( Heather Chen | ) edition.cnn.com time to read: +10 min

CNN —A plan to build a multi-billion dollar Chinese glass factory in Indonesia’s Riau Islands Archipelago has sparked fierce protests from indigenous islanders who are opposed to their villages being torn down. Riot police were deployed to the scene and fired tear gas and water cannons at protesters, CNN affiliate CNN Indonesia reported. On Rempang island, chaos broke out on September 7 when local authorities and developers showed up to conduct land surveys and take measurements. BP BatamIn a bid to soothe tensions, Indonesian government officials have promised improved relocation packages for residents on Rempang. Relocation and compensation only have economic value and cannot replace the villagers’ collective memory and identity as local indigenous people,” said Arifin Jaynal Ylbhi, spokesperson for the Indonesian Legal Aid Foundation (YLBHI).

Persons: Joko Widodo, Xi Jinping, ”, “, Muhammad Rudi, Investment Bahlil Lahadalia, Arifin Jaynal Ylbhi, Hong Kong, Ansar Ahmad, Didit Wicaksono, Widodo, Nur, Sophie Grig, Bahlil Organizations: CNN, Badan, BP, Riot, CNN Indonesia, Government, Investment, Indonesian Legal Aid Foundation, Ford, General Motors, Volkswagen, Greenpeace, Veteran National Development University of Jakarta, Survival, CNN Indonesia . Investment Locations: Riau, Indonesia, Southeast, Batam, Singapore, Rempang, Hong, Malay, ” Riau, Greenpeace Indonesia, West Papua, Jakarta, CNN Indonesia

☆ How NIL deals and brand sponsorships are helping college athletes make money
▼ + stars: | 2023-09-19 | by ( Dan Whateley | Margaret Fleming | ) www.businessinsider.com time to read: +11 min

College athletes make money by posting branded content on social media and attending events with fans. Read more about the flow of NIL money in college sportsThe remaining 20% comes from brand deals, per Opendorse. Men's basketball players make the most from brand deals, the company has found. Read more about how the company boosted social-media engagement by hiring college athletes from niche sports like golf and cheerleadingSome college athletes have become social media stars, especially female students. Reese is one of the most followed college athletes and has signed NIL deals with companies like Amazon, Airbnb, and Playstation.

Persons: influencers, Read, Phoenix Sproles, It's, Kristi Dosh, they're, USC's Bronny James, LSU's Olivia Dunne, Angel Reese, Paige Bueckers, Caitlin Clark, Flau'jae Johnson, Chase Griffin, outperforming, Bryce Adams, Opendorse, Braly Keller, Doug Edert, LSU's Reese, Reese, Matthew Hinton, Blake Lawrence, Colin Salao Organizations: Phoenix, BusinessofCollegeSports.com, University of Minnesota, Dinkytown, Power Five, UCLA, JPMorgan Chase, Chase Griffin Student, Buffalo Wild Wings, St, Peter's University, Amazon, PlayStation, AP, Nike, Adidas, Companies Locations: Ohio

☆ Top House Republican McCarthy to test narrow majority in shutdown fight
▼ + stars: | 2023-09-18 | by ( David Morgan | ) www.reuters.com time to read: +6 min

[1/6] U.S. House Speaker Kevin McCarthy (R-CA) speaks with reporters as he arrives for the day at the U.S. Capitol in Washington, U.S. September 18, 2023. Republicans hold a 221-212 majority in the House that leaves McCarthy with little room to maneuver as he contends with opposition to the spending legislation from a small group of hardline conservatives. "The Republican House is failing the American people again and pursuing a path of gamesmanship and circus," Republican Representative Victoria Spartz said in a statement. Senate Majority Leader Chuck Schumer, a Democrat, called the House Republican CR agreement "slapdash and reckless," adding that a bipartisan continuing resolution is "the only answer for avoiding a government shutdown." Unless the House can move forward on spending, Republican leaders said privately that they could be forced to move directly into negotiations with Senate Democrats on appropriations bills, circumventing hardliners.

Persons: Kevin McCarthy, Jonathan Ernst, Joe Biden, McCarthy, Fitch, Tommy Tuberville, Biden, Donald Trump, Matt Gaetz, Jack Smith, Trump, Victoria Spartz, Chuck Schumer, Chip Roy, Roy, Ralph Norman, David Morgan, Richard Cowan, Moira Warburton, Scott Malone, Sandra Maler, Will Dunham Organizations: ., U.S, Capitol, REUTERS, Rights, . House, Republican, Democratic, Senate, AAA, Democrat, Caucus, Thomson Locations: Washington , U.S, Mexico

In the interview, taped Thursday at Trump's golf club in New Jersey, Trump refused to say who he called as the violence unfolded. Trump is facing federal criminal charges for his efforts to overturn his loss in that election but he is not facing charges related to the insurrection. Trump said Tarrio was treated “horribly," according to a full transcript of the NBC interview, which included parts that were not aired. The NBC appearance was Trump's first broadcast network interview since leaving office and marked Welker's debut show as host. The U.S. Supreme Court, with the support of three justices appointed by Trump, last year overturned the federal right to an abortion.

Persons: Donald Trump, ” Trump, “ I’m, Kristen Welker, Trump's, Trump, ”, Democrat Joe Biden, pardoning, Enrique Tarrio, Tarrio, “, I’m, Vladimir Putin’s, Putin, Ron DeSantis Organizations: Press, White, Democrat, Boys, Trump, NBC, White House, Biden, Russia, Florida Gov, The U.S, Supreme Locations: New Jersey, Ukraine, The

☆ Trump says he doesn't worry about going to jail: 'I don't even think about it'
▼ + stars: | 2023-09-17 | by ( Jonathan Allen | ) www.cnbc.com time to read: +6 min

"I don't even think about it," Trump, who has been indicted four times this year, said when asked if he worries about prison at night. NBC News has also extended an invitation to President Joe Biden to sit down with Welker for an interview. "First of all, I had very little to do with Jan. 6," Trump said. The officer didn't say that "because of riots," Trump said, alluding to the threat to a president. Welker asked Trump to confirm he was disputing Hutchinson's account.

Persons: Donald Trump isn't, NBC's, Kristen Welker, Trump, Joe Biden, Welker, Jan, Biden, I'm, Brad Raffensberger, didn't, General Merrick Garland's, Biden's, Hunter Biden, Cassidy Hutchinson, patriotically, it's, I've Organizations: Bedminster, NBC, Republicans, Washington , D.C, Trump, Secret, . Secret Service Locations: Washington ,, United States, Georgia

☆ Texas AG Ken Paxton’s impeachment trial is on the brink of a verdict as senators end deliberations
▼ + stars: | 2023-09-16 | by ( ) www.cnbc.com time to read: +6 min

The Texas Senate on Saturday ended deliberations over whether Attorney General Ken Paxton should be removed from office, putting the Republican's historic impeachment trial on the brink of a verdict. Paxton, who did not attend the majority of the two-week trial, was not seen in the chamber as some senators wandered around their desks. If convicted, Paxton would become Texas' first statewide official convicted on impeachment charges in more than 100 years. Leaning into divisions among Republicans, Buzbee portrayed the impeachment as a plot orchestrated by an old guard of GOP rivals. The verdict will be decided by 30 of the 31 state senators, most of them Republicans.

Persons: Ken Paxton, Paxton, Donald Trump, mangers, Andrew Murr, Tony Buzbee, Buzbee, George P, Bush, George W, Sen, Angela Paxton, Austin, Nate Paul, Paul, Drew Wicker, Paxton's, Wicker, Nate, general's Austin, Laura Olson, Olson, ___ Organizations: Texas Senate, Texas Capitol, Texas, FBI, Republican, Texas House, Texas Ranger, Republican Party Locations: Texas, U.S, San Antonio

ATLANTA (AP) — A Georgia state senator won't be suspended from office after he was one of 18 others indicted along with former President Donald Trump on charges that he sought to illegally overturn the results of the 2020 presidential election in the state. A three-person panel didn't recommend that state Sen. Shawn Still be temporarily removed from office while the case is pending, Garrison Douglas, a spokesperson for Gov. Still, a Republican who lives in the north Atlanta suburb of Johns Creek, is a swimming pool contractor and former state Republican Party finance chairman. Political Cartoons View All 1163 ImagesAs is required by state law, Kemp appointed Attorney General Chris Carr, as well as Republican state Senate Majority Leader Steve Gooch and Republican state House Majority Leader Chuck Efstration. “Efforts to subvert election outcomes and stifle the will of Georgia voters remain one of the biggest threats to our democracy.”

Persons: Donald Trump, Sen, Shawn Still, Garrison Douglas, Brian Kemp, Trump, “, Still, Kemp, Chris Carr, Steve Gooch, Chuck Efstration, ”, David Shafer, Cathy Latham, Mark Meadows, Nicole Robinson Organizations: ATLANTA, Gov, Republican, Republican Party, Georgia Republicans, Trump, Trump Chief, Georgia Locations: Georgia, Atlanta, Johns Creek, Coffee

The indictment comes weeks after the collapse of a plea deal that would have averted a criminal trial and distracting headlines for President Joe Biden. Trump's include federal indictments over the handling of classified documents and efforts to overturn his 2020 election loss to Joe Biden. Trump also pointed to the lack of connection to Joe Biden in the gun charge plea agreement. Federal prosecutors investigating Hunter Biden have not indicated Joe Biden is connected over the course of their yearslong probe. Two FBI agents who worked on the Hunter Biden case testified separately behind closed doors this week to lawmakers about allegations of political interference in the case.

Persons: — Hunter Biden, Biden, Joe Biden, doesn't, Hunter, He's, Donald Trump’s, Hunter Biden, James Comer, Trump, David Weiss, ”, Weiss, Abbe Lowell, “, Republicans ’, Lowell, Hunter Biden's, Christopher Clark, Adam Winkler, Thomas Sobocinski, Farnoush Amiri Organizations: WASHINGTON, Democratic, Republicans, ”, Republican, Delaware U.S, Prosecutors, ., University of California, Los Angeles School of Law, Supreme, Circuit, Congressional Republicans, FBI, Baltimore Field Office, Justice Department, Associated Press Locations: Delaware, Washington, California, Wilmington , Delaware

☆ C.I.A. Discloses Identity of Second Spy Involved in ‘Argo’ Operation
▼ + stars: | 2023-09-14 | by ( Julian E. Barnes | More About Julian E. Barnes | ) www.nytimes.com time to read: +1 min

In the midst of the 1979 Iran hostage crisis, the C.I.A. began what came to be noted as one of the spy agency’s most successful publicly known operations: the rescue of six American diplomats who had escaped the overrun U.S. Embassy — using a fake movie as the cover story. “Argo,” the real-life 2012 movie about the C.I.A.’s fake movie, portrayed a single C.I.A. officer, Tony Mendez, played by Ben Affleck, sneaking into Tehran to rescue the American diplomats in a daring operation. For the first time on Thursday, the C.I.A.

Persons: “, Tony Mendez, Ben Affleck, Ed Johnson, Mr, Johnson, Mendez Organizations: Embassy Locations: Iran, U.S, Tehran, cajole

The impeachment inquiry comes at a fragile political moment for the president. An impeachment inquiry would give Republicans broad new powers to request documents and testimony about the Bidens. For now, the White House views the situation from a communications standpoint rather than as a legal issue. “Kevin McCarthy, Marjorie Taylor Greene, and MAGA Republicans just launched a beyond ridiculous impeachment inquiry into President Biden,” the fundraising email reads. An element of the White House strategy is keeping him focused on his governing duties, including plans to deliver what the White House has billed as a “major economic address” in Maryland on Thursday.

Persons: Joe Biden, Kevin McCarthy’s, Biden, McCarthy, ” Biden, Biden’s, –, Hunter Biden, Devin Archer, Hunter, Republicans “ can’t, ”, Ian Sams, Sams, Kamala Harris ’, “ Kevin McCarthy, Marjorie Taylor Greene, MAGA, Donald Trump, – Trump, “ McCarthy, Trump, Kevin McCarthy, Bill Clinton, Dick Sauber, Russ Anello, Ammar Moussa, “, Kyle Herrig, it’s, Kamala Harris Organizations: CNN, GOP, Congress, White, Republicans, White House, MAGA Republicans, House Republicans, Democratic National Committee, Wednesday, Biden White, Democratic, Biden, Project, United Nations Locations: Maine, Maryland, New York

☆ Microsoft's Employee Review System Is Still a Bit Like Stack Ranking, Sources Say
▼ + stars: | 2023-09-13 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +4 min

Some have compared the adjustment process to the controversial practice of "stack ranking," in which managers ranked employees on a forced curve. Some employees feel that the essence of stack ranking has returned with the company's instructions to managers on how to handle this year's employee reviews. This year, Microsoft managers scored employees on a scale from 0 to 200, as they've done previously. The ratings are "Lower Impact Than Expected (LITE)," "Slightly Lower Impact Than Expected (SLITE)," "Successful Impact," and "Exceptional Impact." "If the employee delivered slightly lower impact than expected, their rewards will align below the middle of the opportunity range."

Persons: Steve Ballmer, Satya Nadella, Kathleen Hogan, Hogan Organizations: Microsoft, Insider

During a formal swearing-in ceremony, Biden noted that the nation's historic documents were once held by George Washington and later by the State Department, before being entrusted to the National Archives, founded by Congress in 1934. Political Cartoons View All 1152 ImagesThe National Archives, meanwhile, has been thrust into the national political spotlight in unusual ways lately. “This experiment in democracy hinged on the people, and their ability to claim their rights and hold their elected officials accountable," Jill Biden said Monday. “That's what makes the National Archives so important. Without the National Archives, and the continued fulfillment of its mission, a healthy democracy cannot be sustained.”

Persons: Jill Biden, Colleen Shogan, Harriet Tubman’s, Thomas Edison’s, Biden, George Washington, Joe Biden, Donald Trump, Shogan, Trump's, Debra Wall, “, ” Organizations: WASHINGTON, George Mason University, National Archives, Records Administration, State Department, Congress, Constitutional Convention, Archives, FBI, Senate, Nation Locations: Independence, Louisiana, United States

☆ US seizes nearly 1 million barrels of Iranian oil allegedly bound for China
▼ + stars: | 2023-09-09 | by ( Lauren Koenig | ) edition.cnn.com time to read: +1 min

CNN —The US government seized nearly 1 million barrels of Iranian crude oil allegedly bound for China, according to newly unsealed court documents and a statement released by the Department of Justice on Friday. “This is the first-ever criminal resolution involving a company that violated sanctions by facilitating the illicit sale and transport of Iranian oil,” according to the DOJ. The Islamic Revolutionary Guard Corps, a US-designated foreign terrorist organization, allegedly shipped more than 980,000 barrels of oil, the press release stated. The IRCG was fined almost $2.5 million and was sentenced to three years of corporate probation. CNN has reached out to Empire Navigation for comment.

Persons: Iran’s IRGC, Force ”, ” Organizations: CNN, Department of Justice, DOJ, Islamic Revolutionary Guard Corps, Force, Emergency Economic, Suez Rajan, Navigation Locations: China, Suez, United States

☆ Swiss post mortem of Credit Suisse crisis to go back to 2015
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +3 min

The logo of Credit Suisse is pictured on a building near the Hallenstadion where took place the Annual General Meeting, two weeks after being bought by rival UBS in a government-brokered rescue, in Zurich, Switzerland, April 4, 2023. A Swiss parliamentary committee said that it has completed the so-called "investigation concept" for the post mortem, dividing the time periods it will examine in the run up to the emergency Credit Suisse rescue. The first phase will cover the events before the middle of 2022, going back to 2015 when the Swiss cabinet submitted its first evaluation report on systemically important banks. The actions of the government, financial markets watchdog FINMA and the Swiss National Bank as Credit Suisse's situation worsened towards the end of 2022 to March 2023 will also come under the microscope. It would also award an external mandate to analyse how the problems at Credit Suisse developed over the past few years, although it would not assess the bank's management, as this was outside its remit.

Persons: Pierre Albouy, John Revill, Alexander Smith Organizations: Credit Suisse, UBS, REUTERS, Rights, Suisse, Swiss National Bank, Thomson Locations: Zurich, Switzerland, Swiss

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