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Sitting atop its stainless steel Super Heavy booster, Starship stood taller than the Statue of Liberty at the company's new orbital launchpad in South Texas. As the booster fell back to Earth, Starship continued to climb toward the heavens, then shut off its engines to glide through space. Once fully operational, Starship will be able to carry up to 150 metric tonnes (165 US tons) to space, per SpaceX. Illustration of SpaceX Starship human lander design that will carry NASA astronauts to the Moon's surface during the Artemis mission. NASA's new moon rocket, SLS, could send 46 tons into orbits beyond the moon.

Persons: —, Elon, Musk, Dan Huot, Marianne Ayala, Morgan Stanley, Artemis, Artemis III Organizations: Service, SpaceX, Business, SpaceX's, Texas launchpad, X, NASA, Super, Saturn, Morgan, SLS, SpaceX SLS, Apollo Locations: South Texas, Texas

☆ It's been one year since SVB's collapse sent shockwaves through the banking sector. Here's where the industry and our financial names stand now
▼ + stars: | 2024-03-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

It's been a year this week since the collapse of Silicon Valley Bank sent shockwaves through the banking sector. Wells Fargo shares got a big boost after a key win with regulators in mid-February. It would allow Wells Fargo to finally grow its assets again and help rake in more profits. MS YTD mountain Morgan Stanley (MS) year-to-date performance Conversely, the Club's other bank stock, Morgan Stanley , has been lagging in 2024 — down 7% year to date. A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman Sachs.

Persons: It's, SVB, NYCB, Steven Mnuchin's, Wells Fargo, Wells, they've, Scott Siefers, Piper Sandler, we're, Charlie Scharf, Morgan Stanley, Morgan Stanley's underperformance, management's, Ted Pick, Jim Cramer, Morgan Stanley's, Morgan, Jim, Reddit, Jim Cramer's, JPMorgan, Goldman Sachs Organizations: Silicon Valley Bank, shockwaves, Bank, , New, , New York Community, Strategic Capital, Wells, Wells Fargo, Currency, Federal Reserve, CNBC, Club, Management, Morgan Stanley's IB, Citibank, JPMorgan Chase, Bank of America, Reuters Locations: Silicon, Wells, ,, , New York, Wells Fargo

☆ Federal judiciary clamps down on ‘judge-shopping’ tactics that have helped Texas block Biden and liberal policies
▼ + stars: | 2024-03-12 | by ( Tierney Sneed | ) edition.cnn.com time to read: +3 min

CNN —The policy-making body of the federal judiciary is clamping down on the system that conservatives have successfully used in recent years to hamstring President Joe Biden’s agenda and other federal policies, including those concerning reproductive rights. The new policy seeks to curb “judge-shopping,” the strategy where litigants strategically file lawsuits in courthouses where the cases will be guaranteed to be heard by judges perceived to be sympathetic to their arguments. While the strategy has long been used in patent cases, there been a concerted uptick for politically charged, wide-reaching cases that have been filed in Texas by Republican state attorneys general or conservative, private-sector parties. Under the new policy, such cases seeking nationwide or state-wide orders will go into the lottery system used by the entire district. “The current issue relates to nationwide injunctions or statewide injunctions,” Sutton said at a news conference Tuesday.

Persons: Joe Biden’s, mifepristone, Matthew Kacsmaryk –, Donald Trump, –, ”, Steve Vladeck, Jeffrey Sutton, ” Sutton, it’s Organizations: CNN, Republican, Food, Judicial, United States, Amarillo Division, Court, Northern, Northern District of, University of Texas School of Law Locations: Texas, Amarillo, Northern District, Northern District of Texas

☆ A Chinese airline warned passengers not to throw coins into plane engines after an Airbus A350 was delayed for 4 hours
▼ + stars: | 2024-03-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

China Southern Airlines warned passengers on social media not to throw coins at planes. In a video, a flight attendant tells confused passengers someone threw "three to five coins" into the engine. AdvertisementA major Chinese airline has warned passengers not to throw coins into its planes' engines after an incident last week. China Southern Airlines posted a five-minute video on Weibo explaining how actions like "throwing coins at the plane" can delay flights and threaten safety. CNN reported that it happened on another Chinese Southern Airlines flight in 2017, when an elderly passenger said it was "a prayer for a safe flight."

Persons: —, 📹亡 Organizations: China Southern Airlines, Service, Weibo, Liberty Times, Airbus, Southern Airlines Locations: Hainan, Beijing, Sanya

☆ The 10 best tourist attractions in the US, according to someone who's been to all 50 states
▼ + stars: | 2024-03-09 | by ( Katherine Parker-Magyar | ) www.businessinsider.com time to read: +1 min

I've visited all 50 states and have seen some incredible natural wonders and powerful monuments. Hawaii's Na Pali Coast and Alaska's Inside Passage showcase America's stunning natural diversity. AdvertisementI've visited all 50 states in my career as a travel writer, and truly believe each has something unique to offer visitors. There are certain attractions that stand out, however, as particularly breathtaking, or symbolic of America's history and natural diversity. From the dunes of Michigan to the swamps of Florida, here are the 10 best tourist attractions in the US.

Persons: I've, — Organizations: Liberty, Service Locations: Pali, Michigan, Florida

☆ Caitlin Clark makes more history, surpassing Steph Curry’s three-point record
▼ + stars: | 2024-03-09 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +2 min

CNN —Another day, another record broken by Iowa’s Caitlin Clark. In the Hawkeyes’ 95-62 Big Ten Tournament win against the Penn State Lady Lions on Friday, Clark eclipsed NBA star Steph Curry’s record of most three-pointers hit in a single NCAA Division-I season. However, Clark has now surpassed the man who many consider the greatest three-point shooter in the history of basketball. Clark eventually found her groove and was able to sink the crucial three to write her name in yet another page of the history books. In a win against the Ohio State Buckeyes on March 3, Clark overtook Hall of Famer “Pistol” Pete Maravich’s record of 3,667 points.

Persons: Iowa’s Caitlin Clark, Clark, Steph Curry’s, Curry, Darius McGhee, Caitlin, Lisa Bluder, “, You’ve, ” Clark, I’m, Gabbie, Kate, Adam Bettcher, Clark’s, Hall, Pete Maravich’s Organizations: CNN, Hawkeyes, Penn State Lady Lions, NBA, NCAA, Liberty Flames, Davidson Wildcats, Penn State, Sydney, Iowa Hawkeyes, men’s, Ohio State Buckeyes, Famer, Michigan Wolverines, Big Locations: ” Iowa, Iowa

☆ The North Korean refugees sold to Chinese husbands
▼ + stars: | 2024-03-08 | by ( Jessie Yeung | Yoonjung Seo | ) edition.cnn.com time to read: +14 min

China considers North Korean refugees to be economic migrants, and forcibly deports them back to North Korea – where, as alleged defectors, they face imprisonment, possible torture or worse, activists say. During that period, she also met other North Korean refugees in the same situation – with their status public knowledge in the village, she said. According to the KFI report, the buying of a North Korean wife is “always known to the local community” but rarely reported to authorities. The other North Korean refugees she’d met in town had connections to brokers who could help them escape, while church organizations and non-profit groups discreetly helped raise funds for the journey. Brokers who remain have raised their prices due to increased risks and surveillance, while newcomers to the business are inexperienced, making it a risky gamble for North Korean refugees.

Persons: South Korea CNN — Chae, –, she’s, Yoonjung Seo, She’d, didn’t, “, ”, Chae, ” didn’t, Kim Jeong Ah, Kim, she’d, we’ll, ” Chae, Seo, Unification Ministry –, She’s, – she’s Organizations: South Korea CNN, North, CNN, North Korea –, Korea Future Initiative, KFI, US State Department, Human Rights Watch, Female North, United Nations, Liberty, Korean, Koreans, Unification Ministry, Brokers Locations: Seoul, South Korea, North Korea, China, Laos, Thailand, North Korean, Hebei, Beijing, London, Korea, Korean, North, ”, South, South Koreans

☆ Premarket stocks: Why another unexpectedly hot jobs report could derail markets
▼ + stars: | 2024-03-08 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

New York CNN —Wall Street was taken aback by the US labor market’s resilience in January. Another unexpectedly hot report could shake things up again. The January jobs report showed that the US economy added a stunning 353,000 jobs that month and the unemployment rate stayed at 3.7%. The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. The broad obligations apply only to the EU, which could leave tech users in the United States and other markets looking longingly at some of the features Big Tech is rolling out in response to the European directive.

Persons: Jerome Powell, he’s, “, ” Powell, Bonnie Cash, —, ’ ”, BeiChen Lin, It’s, Loretta Mester, ”, José Torres, Meta’s, Brian Fung, Apple, Bing, Read, Elisabeth Buchwald, NYCB, Steven Mnuchin’s, Alessandro DiNello, ” Read Organizations: CNN Business, Bell, New York CNN, Federal, Financial, Capitol, Reuters, Traders, Russell Investments, ” Cleveland Federal, CNBC, Market, Interactive Brokers, Apple, Google, Union citizens, Big Tech, New York Community Bank, Silicon Valley Bank, Liberty Strategic Capital Locations: New York, Washington ,, United States, NYCB, Silicon

☆ Women in Iran: UN report says repression of protesters and discrimination against women amounts to ‘crimes against humanity’
▼ + stars: | 2024-03-08 | by ( Eve Brennan | Jomana Karadsheh | ) edition.cnn.com time to read: +3 min

CNN —Iran’s “repression of peaceful protests” and “institutional discrimination against women and girls” has led to human rights violations, some of which amount to “crimes against humanity,” according to a United Nations’ report. It cited a report by the Independent International Fact-Finding Mission on the Islamic Republic of Iran, a task force set up by the UN Human Rights Council to look at claims of deteriorating human rights conditions in Iran. She became the face of women calling for greater rights and freedoms curtailed since the 1979 Islamic Revolution. Protests erupted across Iran again in September last year on the first anniversary of her death. AFP/Getty ImagesA CNN report in November 2022 also found that Iran’s security forces used rape to quell protests in the country.

Persons: ”, Jina Mahsa Amini, Mahsa, ” “, Mahsa Amini, Sara Hossain, Iran’s Organizations: CNN, United Nations, United Nations Office, Human Rights, Independent, UN Human Rights, UN, “, Getty, ” Locations: Islamic Republic of Iran, Iran, Tehran, AFP

9 to 0 — I’m going to say that again — 9 to 0, ruled that states can’t keep Donald Trump off their ballots. It’s how — Trump has said to his loyalists, I am your retribution, so maybe we should just look at this as a blueprint for retribution. He’s going to end up — when he gives his big convention speech, he’s going to end up making promises on economic policy, domestic policy, and so on. ross douthatSo here’s why I’m sort of — Carlos, especially to your point — like, trying to focus us on the sharpest possible conflicts. But if most of the country’s political and emotional energy is instead focused on Trump himself, rather than real, actual debates, then I think Trump is winning, period, and the country is losing.

Persons: carlos lozada, polgreen Wow, ross douthat, lydia polgreen, Kiefer Sutherland, carlos lozada Totally, michelle cottle Perfect, lydia polgreen You’re, Kiefer, I’m Ross Douthat, michelle cottle I’m Michelle Cottle, carlos lozada I’m Carlos Lozada, Lydia Polgreen, michelle cottle Chin, Biden, lydia polgreen It’s, —, can’t, Donald Trump, Grover Cleveland, michelle cottle, Jesus, Donald Trump’s, Carlos Lozada, it’s, Carlos, ross, carlos lozada You, “, Trump, Nikki Haley, carlos lozada Yes, He’s, United States — carlos lozada, carlos lozada Harold Meyerson, ”, Harold — carlos lozada —, michelle cottle —, — Trump, Trumpism, lydia polgreen Trump, carlos lozada —, part’s, michelle cottle You’re, Lydia, let’s, Michelle, — ross douthat Michelle, michelle cottle Oh, Hillary Clinton, — ross, lydia polgreen Get, michelle cottle Mexico’s, Mike Shear, Julie Davis’s, ” ross douthat, carlos lozada Michelle, michelle cottle I’m, George Floyd, I’m — ross, polgreen, I’m, — michelle cottle, he’s, lydia polgreen I’m, Dobbs, ross douthat Carlos, we’ve, unquote, carlos lozada Well, carlos lozada He’s, — carlos lozada Boo, Matt Iglesias, That’ll, that’ll, Peter Navarro, doesn’t, there’ll, lydia polgreen There’ll, carlos lozada Ross, there’s, ” michelle cottle, lydia polgreen Couldn’t, John Roberts, Peter Baker, Susan Glasser’s, Maggie Haberman’s, — michelle cottle Beat, ross douthat —, It’s, Asli Aydintasbas, she’s, Ross, Viktor Orbán, Joe Biden, ideologues, ross douthat Lydia, — carlos lozada, ross douthat Go, nope — ross, Miley Cyrus, it’s Truman, I’ve, lydia polgreen There’s, Bilbo, Martin Freeman, michelle cottle Big, michelle cottle Carlos, We’ve, carlos lozada You’re, We’ll, lydia polgreen Bye Organizations: New York, Republican, New York Times, Siena College, Trump, Heritage Foundation, Leadership, GOP, Republicans, HHS, Department of Health, Human Services, Department of Life, CDC, Department of Justice, Justice Department, National Guard, of Homeland Security, Democrats, Politico, America, United States Constitution, Swans, East, Brooklyn, Northwest Missouri State University, carlos lozada Business Locations: New, America, Douthat, ”, Washington, United States, lydia polgreen Get Mexico, Francisco, China, Turkish, Turkey, Manhattan, Brooklyn

☆ A Night With New York’s Lesbian and Bisexual Backgammon League
▼ + stars: | 2024-03-08 | by ( Julia Halperin | ) www.nytimes.com time to read: 1 min

There’s the pirate who’s said to have buried treasure on Liberty Island. And then there’s the Lesbian and Bisexual Backgammon League. “I’d heard whispers of this game for so long,” says the photographer Kate Owen, 35. For a year, she’d wondered where the mysterious tournament was held and who exactly was behind it. Then, on Valentine’s Day, she saw an Instagram post by the queer collective GayJoy calling for “a few more artsy gays to play backgammon” that evening.

Persons: who’s, “ I’d, ”, Kate Owen, she’d, optimistically, ’ Organizations: Lesbian Locations: York City, Liberty, Bortolami, TriBeCa

☆ Trump's lawyers are hunting for the identities of secret consultants who approved Russiagate Pulitzer Prizes
▼ + stars: | 2024-03-07 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +15 min

AdvertisementIn an overlooked lawsuit, Donald Trump's lawyers are exhibiting a habit from his White House days: Hunting for anonymous sources. At each turn, a lawyer for the Pulitzer Board members stopped their clients from answering. The journalists whom Trump's lawyers deposed did, however, offer some characterization of the "consultants" who conducted the reviews. The Pulitzer Prize Board is hosted by Columbia University, in Manhattan, which manages the small organization's payroll and offers institutional support. Chad Bowman, a Ballard Spahr attorney representing the Pulitzer board members, directed Business Insider to court filings.

Persons: Donald Trump, —, Donald Trump's, Trump, Pulitzer, Robert Mueller, Quincy Bird, Katherine Boo, Boo, Chad R, Bowman, Ballard Spahr, don't, Marjorie Miller, Miller, Weber, Crabb, Wein, Neil Brown, David Remnick, Nicole Carroll, Lee Bollinger, Kevin Merida, Viet Thanh Nguyen, Lee C, Bollinger, David Ake Trump's, Gail Collins, John Daniszewski, Bird, Daniszewski, Dana Canady, doesn't, Bebeto Matthews, Collins, we've, John Durham, Hillary Clinton, James Comey, Brown, Chad Bowman, Ballard, Evan Vucci Trump, Christopher Steele, Jeff Gerth's, Gerth, You've Organizations: Service, Business, The New York Times, Washington Post, American, The Washington Post, Pulitzer, Times, Post, PAC Trump, Columbia University, Mar, Poynter Institute for Media Studies, Tampa Bay Times, New Yorker, Los Angeles Times, Associated Press, Global Enterprise, New, AP, Katherine Boo , New York Times, Trump, Republican, Columbia Locations: Russia, Chad, Manhattan, Florida, USA, New York City, Mar, Katherine Boo ,, New York, Palm Beach , Florida, United States, Washington, DC

☆ NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent
▼ + stars: | 2024-03-07 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

New York Community Bank said Thursday it lost 7% of its deposits in the turbulent month before announcing a $1 billion-plus capital injection from investors led by former Treasury Secretary Steven Mnuchin's Liberty Strategic Capital. The bank had $77.2 billion in deposits as of March 5, NYCB said in an investor presentation tied to the capital raise. NYCB also said it's slashing its quarterly dividend for the second time this year, to 1 cent per share from 5 cents, an 80% drop. In a little more than a month, the bank changed its CEO twice, saw two rounds of rating agency downgrades and announced deepening losses. At its nadir, NYCB's stock sank below $2 per share Wednesday, down more than 40%, before ultimately rebounding and ending the day higher.

Persons: Steven Mnuchin's, NYCB, downgrades Organizations: York Community Bank, Strategic Capital, Moody's, Mnuchin's Liberty Strategic Capital Locations: New York

☆ Stocks making the biggest moves midday: Victoria's Secret, Novo Nordisk, Intel, Shake Shack and more
▼ + stars: | 2024-03-07 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Victoria's Secret said it anticipates a larger-than-expected decline in revenues for the first quarter and full year. Novo Nordisk — Shares rallied nearly 8.9% to record high level after the company reported positive Phase I trial results for its new experimental weight loss drug amycretin. The company reported adjusted earnings of 61 cents per share on $1.68 billion in revenue for its fiscal fourth quarter. Analysts had estimated earnings of 50 cents per share on $1.67 billion in revenue, according to LSEG. Burlington Stores — The stock rose 7.5% after Burlington posted a fourth-quarter beat on adjusted earnings per share and revenue.

Persons: Victoria's, amycretin, TD Cowen, Shake Shack's, Kroger, LSEG, Iberdrola, Avangrid's, Mizuho, —, Samantha Subin Organizations: Novo Nordisk —, American Eagle Outfitters, Burlington Stores, Burlington, New York Community Bancorp, Liberty Strategic, VanEck Semiconductor, Nvidia, Micron Technology, Stifel, Intel, Bloomberg Locations: Spanish

☆ Customers are pulling their cash from NYCB, but it’s no bank run
▼ + stars: | 2024-03-07 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —Customers of New York Community Bank (NYCB) pulled $6 billion worth of deposits between February 5 and March 5, leaving the bank’s deposit base 7% lower, at $77 billion. However, the pattern is not indicative of a bank run, which these days can drain a lender of funds in mere hours. Shortly ahead of its demise, depositors at Silicon Valley Bank tried withdrawing $42 billion in one day over fears they wouldn’t be able to access their funds if the bank failed. On Thursday’s call, NYCB also announced it’s slashing its dividend to one penny a share. Increasing both means the bank has fewer funds available to lend, which as a result would limit its profitability.

Persons: NYCB, Steven Mnuchin’s, Alessandro DiNello, ”, ” DiNello Organizations: New, New York CNN, New York Community Bank, Silicon Valley Bank, Liberty Strategic Capital, NYCB, Wall, Moody’s Investors Service, Fitch Locations: New York, Silicon

☆ Premarket: Investors are obsessed with this AI stock you may never have heard of
▼ + stars: | 2024-03-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Nvidia isn’t the only stock capturing the attention of AI enthusiasts these days. Nvidia closed above a $2 trillion market cap on March 1, joining an elite cohort including Apple and Microsoft. Supermicro’s stock gained even more momentum in January, after the company reported second-quarter results that blew past expectations and raised its full-year revenue forecast. Supermicro’s stock was one of the most popular names bought by Charles Schwab clients in February, according to the firm’s latest trading activity index. New York Community Bank gets $1 billion ‘lifeline’Beleaguered regional lender New York Community Bank is receiving a more than $1 billion equity investment, reports my colleague Elisabeth Buchwald.

Persons: Charles Schwab, ChatGPT, “, ”, Supermicro, Wells Fargo, Goldman Sachs, Elisabeth Buchwald, Steven Mnuchin’s, NYCB, ” David Chiaverini, Joseph Otting, Alessandro DiNello, DiNello, Read, Jeremy Hunt, Hanna Ziady, Hunt, ” Hunt, Rishi Sunak’s Organizations: CNN Business, Bell, New York CNN, Nvidia, Apple, Microsoft, Micro, Devices, Federal Reserve, Victoria Bills, Banrion Capital Management, Bank of America, Goldman, New York Community Bank, New, Community Bank, Liberty Strategic Capital, Citadel Global, Street Journal, Wedbush Securities, CNN, Bank of England, International Monetary Fund, Hunt’s Conservative Party, Labour Party Locations: New York, San Jose, United States, Hudson Bay, NYCB

☆ New York Community Bank Raises $1 Billion in Emergency Cash
▼ + stars: | 2024-03-06 | by ( Rob Copeland | ) www.nytimes.com time to read: +1 min

New York Community Bank, the midsize lender under pressure over its real estate loans and internal management, announced an overhaul on Wednesday that included more than $1 billion in emergency cash, the addition of former Treasury Secretary Steven Mnuchin to its board and the appointment of its third chief executive in a month. The investment of more than $1 billion includes cash from Mr. Mnuchin’s private equity firm, Liberty Strategic Capital, and Kenneth Griffin’s Citadel Global Equities, among others. The bank’s new chief executive, Joseph Otting, worked closely with Mr. Mnuchin in the past. He ran OneWest Bank, then owned by Mr. Mnuchin, for five years. He also oversaw the Office of the Comptroller of the Currency, one of the banking industry’s primary regulators, during the Trump administration.

Persons: Steven Mnuchin, Kenneth Griffin’s, Joseph Otting, Mnuchin, Trump Organizations: York Community Bank, Silicon Valley Bank, Liberty Strategic Capital, Global, OneWest Bank, Mr Locations: Washington, Silicon

A crime could be committed if there was sufficient evidence the video was made without her knowledge and consent. The woman told investigators that “she could have consented to the video being taken — she is simply unable to recall one way or the other,” the memo said. Court records show that his wife, Bridget Ziegler, told detectives the three had engaged in sex once more than a year ago. Police said Bridget Ziegler backed out of the recent planned encounter but that her husband went to the accuser’s apartment alone. There have also been efforts in Sarasota to force Bridget Ziegler from the school board, but she has refused to resign.

Persons: —, Christian Ziegler, Ziegler, Derek Byrd, Mr, ” Byrd, Bridget Ziegler, Ron DeSantis Organizations: Republican Party of, Liberty, Gov, Walt Disney, Republican Party Locations: SARASOTA, Fla, Republican Party of Florida, Sarasota County, Sarasota

NEW YORK (AP) — A federal judge in Texas has ordered a 55-year-old U.S. agency that caters to minority-owned businesses to serve people regardless of race, siding with white business owners who claimed the program discriminated against them. The agency, which helps minority-owned businesses obtain financing and government contracts, now operates in 33 states and Puerto Rico. Justice Department lawyers representing Minority Business Development Agency declined to comment on the ruling, which can be appealed to the conservative-leaning 5th U.S. John F. Robinson, president of the National Minority Business Council, said the ruling is “a blow against minority owned businesses," and does nothing to help majority-owned businesses because they already enjoy access to federal resources through the Small Business Administration. "It has the potential of damaging the whole minority business sector because there will be less service available to minority-owned businesses,” Robinson said.

Persons: Mark T, Pittman, Donald Trump, Nixon, Biden, ” Pittman, Dan Lennington, ” Lennington, John F, Robinson, ” Robinson, Arian Simone, Alphonso David, David, Stanley Goldfarb, ”, “, —, David Glasgow, Graham Lee Brewer, Haleluya Hadero Organizations: —, U.S, Northern, Northern District of, U.S . Commerce Department, Infrastructure Investment, Jobs, Black, Wisconsin Institute for Law & Liberty, Justice Department, Business, Agency, Circuit, National Minority Business Council, Small Business Administration, Economic, Pfizer, The, Appeals, American Alliance for Equal Rights, Meltzer Center for Diversity, New York University’s School of Law, Supreme, AP Locations: Texas, Northern District, Northern District of Texas, Puerto Rico, New Orleans, Tennessee, Atlanta, The New York, Florida, New

☆ CNBC's Julia Boorstin on TODAY with New York Liberty CEO Keia Clarke
▼ + stars: | 2024-03-06 | by ( Julia Boorstin | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC's Julia Boorstin on TODAY with New York Liberty CEO Keia ClarkeCNBC's Julia Boorstin joins TODAY to discuss trends on the inaugural CNBC Changemakers list of 50 women transforming business. Boorstin is joined by New York Liberty CEO Keia Clarke, who is among those named to this year's list.

Persons: Julia Boorstin, Keia Clarke, Boorstin Organizations: New York Liberty, CNBC

☆ 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

☆ Paris Fashion Week: Fashion, feminism and a fake Kate Moss
▼ + stars: | 2024-03-06 | by ( Alice Pfeiffer | ) edition.cnn.com time to read: +15 min

Pascal Le Segretain/Getty ImagesEqually at Rabanne, tartan blazers were given a grungier edge with leather-trimmed sleeves and fasteners. The rise of ‘Les People’Traditionally, showing interest in celebrities (“Les people” in Parisian slang) was a big no-no amongst the proudly snobby French fashion press. For busy women, multitasking women, women who can. Pascal Le Segretain/Getty ImagesStockman-style coats in colored, patent and soft leather were everywhere at Chloé, as were thigh-high boots and wafting, chiffon dresses. Pascal Le Segretain/Getty ImagesTraditional preppy skirt suits were given an edge with "Miss Dior" emblazoned in a graffiti style scrawling.

Persons: Saint Laurent, —, Wim Wenders, “, ” Balmain’s, Ester Manas, Nina Ricci, Kate Moss, Denise Ohnona, Serre, Arnel Dela, Alessandro Vigilante, ”, Coco, Kroes, Pascal Le Segretain, Chemena, Sienna Miller, Gaby Aghion, preppy Kristin Scott Thomas, Miu Miu, Farida Khelfa, Carine, Julia Roitfeld, Victoria Beckham, Anna, Pat Cleveland, Jerry Hall, Georgia Jagger, Kiernan Shipka, Georgia May Jagger, Julien de Rosa, ’ ’, Charles de Vilmorin, Aldama, Loewe, Dior ” —, Jackie O, Salma Hayek, Kim Kardashian, Naomi Campbell, Penelope Cruz, Hari Nef, Emily Ratajkowski, Victor Aubry, Sipa, JM Haedrich, Alexandre Maras, Louise Trotter, Sophie Abriat, Valentino, Givenchy, Laurent, Demna, BFRND, scupltor, Jaanisoo, Rémy Brière, Nicolas Di Felice, Louis Sullivan, Justin Shin, McQueen, Seán, Ib Kamara’s, Nicolas Ghesquière, Louis Vuitton, Stockman, Jonas Gustavsson, Coco Chanel, Casey Cadwallader's, Albert York, Dior, Victor Virgile, Kristin Scott Thomas, Miu, Olivier Rousteing, Ik Aldama, Chloe —, Miller's, Arnold Jerocki, Filippo Fior, Gonzalo Fuentes, Thierry Chesnot, Ester Manas's Organizations: CNN, Paris, Paris CNN —, Eiffel, Saint Laurent Museum, Chloé, Victoria, Getty, Loewe, Dior, Monde, Saint Laurent, The Washington Post Locations: Paris, Trocadero, British, Deauville, Normandy, Mugler, Chloé, Georgia, AFP, Balenciaga, Chanel, Estonian, Courrèges, Dior

☆ My family of 5 moved from Knoxville to Brooklyn. Our cost of living has doubled, but it's the best decision we've ever made.
▼ + stars: | 2024-03-06 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +12 min

Lisa Miller moved from Knoxville, Tennessee, to Brooklyn, New York, with her husband and three kids. Miller said her family has never been happier, and she gets to date her husband again. I moved to Tennessee when I was 19, and we lived in Knoxville and Nashville. AdvertisementWe quickly sold our house in Tennessee and found the perfect Brooklyn apartmentThe market is great in the Knoxville neighborhood we lived in. We haven't looked backIt's been the best decision we've ever made for our family.

Persons: Lisa Miller, Miller, —, He'd, I've, I'm, we'd, there's, Joffrey, I'd, haven't, We've, we're, We'll, We're, it's, It's, we've, they've, Lisa Miller doesn't Organizations: Service, Flanelle Magazine, Tennessee Locations: Knoxville , Tennessee, Brooklyn , New York, Tennessee, Detroit, Virginia, Georgia, Knoxville, Nashville, New York, Slope, Brooklyn, of, Manhattan, New York City, Park Slope, Our Brooklyn, It's

☆ America has never had a presumptive nominee like Donald Trump
▼ + stars: | 2024-03-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —Donald Trump has put America on notice – his second term would be even more disruptive and turbulent than his first. He’s portraying America as a dystopian, failed state overwhelmed by lawlessness, urban blight and slipping toward World War III abroad. For Trump, America is not Ronald Reagan’s “shining city on a Hill.” It is a banana republic. Who are these people that would ruin our country?” Trump asked. After Trump demoralized US allies in his first term, Biden has reinvigorated and expanded NATO in responding to Russia’s invasion of Ukraine – an illegal land grab Trump suggests he will reward.

Persons: Donald Trump, Joe Biden, Nikki Haley, –, Trump, he’s, conflating, “ We’re, we’re, ” Trump, Ronald Reagan’s “, “, ”, quagmire –, Biden, chillingly, reedy, ” Biden, Grover Cleveland, He’s, Haley, Robert F, Kennedy Jr Organizations: CNN, Republican, GOP, Carnage, Trump, Justice Department, Capitol, Wednesday, White House, Democrat Locations: America, Ukraine, Florida, ”, Manchester , New Hampshire, Super, United States, NATO, Michigan, Arab, Gaza

☆ Liberty University Fined $14 Million for Mishandling Sex Assaults and Other Crimes
▼ + stars: | 2024-03-05 | by ( Zach Montague | ) www.nytimes.com time to read: +1 min

Liberty University, the evangelical Christian university in Lynchburg, Va., agreed to pay a record $14 million fine for breaking federal campus safety laws, the Education Department announced on Tuesday, accusing the school of creating a “culture of silence” that discouraged the reporting of crimes and repeatedly mishandling sexual assaults. In a 108-page report, the department found particular problems with how the university handled sexual misconduct, including that it had punished several sexual assault victims for violating the student honor code, which prohibits premarital sex, while failing to punish their assailants. As a result, sexual assaults commonly went unreported, the department said. The report also said Liberty discouraged staff members from sending out emergency notifications, failing to notify students of dangerous events such as campus bomb threats and gas leaks. Mr. Falwell’s son, Jerry Falwell Jr., resigned as president in 2020 amid a sex scandal, and was sued by the university for $40 million in damages the next year for various breaches of contract.

Persons: Jerry Falwell, Falwell’s, Jerry Falwell Jr Organizations: Liberty University, Christian, Education Department, Liberty Locations: Lynchburg, Va, aggrandizing

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