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☆ Can One Designer Serve Two Masters?
▼ + stars: | 2023-09-27 | by ( Vanessa Friedman | More About Vanessa Friedman | ) www.nytimes.com time to read: +1 min

For years in fashion, it was trendy for one designer to helm two brands: their own, usually a relatively small one, and a big heritage house at which they acted as, essentially, talent for hire. John Galliano did it, so did Alexander McQueen, Alexander Wang and Karl Lagerfeld (well, he actually ran three brands). Then, as tends to happen, industry wisdom decided this was not really a good idea. It was too draining, too complicated and a designer should be fully committed to one brand. But exactly why it’s so hard for one designer to serve two masters was rarely more obvious as it was on Tuesday at Peter Do’s fantastic first show in Paris — which took place about two weeks after his ho-hum first show as creative director of Helmut Lang, in New York.

Persons: John Galliano, Alexander McQueen, Alexander Wang, Karl Lagerfeld, Gabriela Hearst, Chloé, Jonathan Anderson, JW Anderson, Loewe, Peter Do’s, Helmut Lang, Lang Locations: Paris —, New York

But the executive transition does not settle another potential power play that could occur upon Rupert Murdoch’s death, as framed by a document called the Murdoch Family Trust. It is the vehicle through which the elder Murdoch controls News Corp and Fox Corp, through a roughly 40% stake in voting shares of each company. The Murdoch Family Trust has eight votes: four of which are controlled by Murdoch, and the remaining four controlled by the four children from his first two marriages. Upon succession, the four older children will equally inherit Murdoch’s voting shares in the trust, according to Alice Enders, Head of Research at Enders Analysis. The shares in Fox and News Corp owned by Murdoch’s children through the trust are a combination of both classes of shares.

Persons: Rupert Murdoch, Lachlan, Mike Blake, Lachlan Murdoch, Rupert Murdoch’s, Murdoch, Prudence, Elisabeth, James –, Murdoch’s, Chloe, Grace, Wendi Deng, Alice Enders ,, “ It’s, ”, Enders, “, Helen Coster, Stephen Coates Organizations: Fox Executive, Allen, REUTERS, News Corp, Corp, Fox Corp, Trust, The, Alice Enders , Head, Research, Enders Analysis, Fox, Thomson Locations: Sun Valley , Idaho, Murdoch, The Reno , Nevada, Melbourne, New York

His son, Lachlan Murdoch, will become the sole chairman of News Corp and continue as the chair and CEO of Fox, the companies said on Thursday. The transition solidifies Lachlan's role as the leader of the media empire, putting to rest questions of succession within the Murdoch family. Lachlan was appointed CEO of the new Fox Corp. Murdoch controls News Corp and Fox Corp through a Reno, Nevada-based family trust that holds a roughly a 40% stake in voting shares of each company. The shares in Fox and News Corp owned by Murdoch’s children through the trust are a combination of both classes of shares.

Persons: Rupert Murdoch, Rafael Nadal, Kevin Anderson of, Mike Segar, Lachlan Murdoch, Murdoch, Lachlan, Fox, Brian Wieser, James, Chloe, Grace, Wendi Deng, Jonathan Miller, Sumner Redstone, Ted Turner, John Malone, Miller, Helen Coster, Aditya Soni, Dawn Chmielewski, Krishna Chandra Eluri, Saumyadeb Chakrabarty, Nick Zieminski Organizations: Fox News, Fox Corp, News Corp, Fox, Dominion, Systems, Wall, Walt Disney Co, Lupa Systems, Corp, Thomson Locations: York, U.S, Kevin Anderson of South Africa, Australia, United States, American, Reno , Nevada, London, New York, Bengaluru, Dawn, Los Angeles

☆ Get Ready for Your Wedding, but Make It Glam
▼ + stars: | 2023-09-14 | by ( Chloe Anello | ) www.nytimes.com time to read: +1 min

Mrs. Ume-Ezeoke already had a delicate lace robe to wear while getting ready for her July 2022 wedding, but she sent it to her sister anyway. Mrs. Ume-Ezeoke, a senior associate at a health care tech company, had three wedding ceremonies to celebrate her and her husband’s different cultures — Nigerian, Korean and American. An ornate robe felt right for getting ready with her bridal party for the American wedding. “I wanted to have this one moment of collective feminine energy and to pop champagne and be sexy,” Mrs. Ume-Ezeoke said. She’s not alone in wanting to bask in the getting ready aspect of the day.

Persons: Veronica Ume, Ume, “, ”, Ezeoke, She’s Locations: Ukrainian

☆ She says a Doordash driver tried to rape and kill her. The company says it's not their problem.
▼ + stars: | 2023-08-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

They were cut open pretty bad," Chloe told Insider in an interview. An attorney for Young didn't respond to requests for comment, but court records show he pleaded not guilty to the new set of charges. Chloe is accusing Doordash of negligence, alleging the delivery company failed to conduct an adequate background check on Young. According to Kendall Shortway, a lawyer representing Chloe, Doordash outsources many background checks to another tech company, Checkr. "Between the two of them, somebody dropped the ball," Shortway, an attorney at the law firm Morgan & Morgan, told Insider.

Persons: Doordash, it's, Chloe, McDonald's, Larenzo Young, Young, — Young, Chloe's, Young didn't, Kendall Shortway, Shortway, Morgan, Checkr, Uber, Lyft, Neighbors, weren't Organizations: Police, Morning, Doordash, Companies Locations: Doordash, Coffee County , Georgia, She's

☆ Cheddar News was meant to be a digital-media darling that could rival Bloomberg and CNBC. Now it's reportedly considering a sale — here's how the network was pushed to the brink.
▼ + stars: | 2023-07-24 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

The owner of embattled network Cheddar News is reportedly considering selling the seven-year-old startup. NYT's DealBook reported on Monday that Altice USA tapped Goldman Sachs to explore a possible sale. NYT reporters Lauren Hirsch and Ben Mullin noted a sale isn't a foregone conclusion and Altice USA could decide not to proceed. Spokespersons for Altice USA did not immediately respond to Insider's request for comment on Monday morning and a spokesperson for Goldman Sachs had no comment. Check out Insider's exclusive coverage of the chaos at Cheddar News:Are you a Cheddar News or Altice USA insider?

Persons: DealBook, Goldman Sachs, Lauren Hirsch, Ben Mullin, Altice, —, I'd, Baker Machado, Chloe Aiello, Read, I've, Jon Steinberg, Steinberg, Reed Alexander Organizations: News, Telecom, Altice USA, Cheddar News, New York Times, USA, Insiders, Mail, Cheddar Locations: USA, Cheddar, Portugal

☆ Gabriela Hearst to step down as creative director of Chloé
▼ + stars: | 2023-07-06 | by ( Tamison O'Connor | ) edition.cnn.com time to read: +2 min

Editor’s Note: This article was originally published by The Business of Fashion, an editorial partner of CNN Style(CNN) — Chloé creative director Gabriela Hearst is stepping down after three years at the Richemont-owned brand, the label confirmed in a press release. When approached by the Business of Fashion, Chloé declined to comment on whether Kamali would become its next creative director. A collaboration between Chloé and actress Angelina Jolie’s new fashion brand, Atelier Jolie, is set to go ahead as planned. Hearst, well known in the industry for her stance on sustainability, became creative director at Chloé in late 2020. Editor’s Note: This article was originally published by The Business of Fashion, an editorial partner of CNN Style.

Persons: —, Gabriela Hearst, Chloé, Chemena Kamali, Laurent, Angelina Jolie’s, Gabriela Hearst's, Chloe, Dia Dipasupil, Philippe Fortunato, Hearst, ” “ Gabriela, ”, Riccardo Bellini Organizations: The, Fashion, CNN, Business, Hearst, Chloé, B

☆ Chloé Bids Goodbye to Gabriela Hearst
▼ + stars: | 2023-07-06 | by ( Elizabeth Paton | More About Elizabeth Paton | ) www.nytimes.com time to read: +2 min

The NewsAfter months of speculation, Chloé said its creative director, Gabriela Hearst, was leaving the French fashion house after a three-year tenure. Why It Matters: Chloé was vying to become a beacon of sustainable fashionMs. Hearst, a Uruguay-born designer of women’s ready-to-wear and accessories, founded her namesake luxury label in New York in 2015 before joining Chloé in December 2020. To many observers the combination of Ms. Hearst and Chloé appeared to be a savvy match. But rumors throughout 2023 indicated that Ms. Hearst and Chloé might part ways, in part because of pressures placed on the designer by her trans-Atlantic schedule. Throughout her tenure, Ms. Hearst continued to run her New York-based business while leading the Chloé design studio in Paris.

Persons: Chloé, Gabriela Hearst, Hearst, Van Cleef, Riccardo Bellini, Hearst’s, Jeremy Scott, Tom Ford, Rhuigi, Ludovic de Saint Sernin, Ann Demeulemeester Organizations: Paris, Chloé, Cartier, B, Bally Locations: Uruguay, New York, Chloé, Paris, Moschino

☆ ‘The Idol’ Season 1, Episode 3 Recap: Tedros Has Notes
▼ + stars: | 2023-06-19 | by ( Esther Zuckerman | ) www.nytimes.com time to read: +2 min

So it’s not only Tedros who is pushing his ideology onto Jocelyn but also his followers, who preach his ideas that good art comes out of pain. Even the sweet-seeming Chloe pushes Jocelyn to evoke her mother in her music — and this is before Chloe learns the full extent of what Jocelyn’s mom did. After berating her that “you make superficial music because you think about superficial things,” Tedros pushes Jocelyn to tell everyone just how her mother hurt her. It was a tool of motivation — Jocelyn’s mother used the hairbrush to keep her awake, or to make her learn her lines or dance moves. Tedros feigns sympathy but also immediately identifies another way to control Jocelyn.

Persons: it’s, Jocelyn, Chloe, Izaak, Robert Plant’s, ”, Tedros, Xander, — Locations: Jocelyn’s

☆ Consumption soft even amid deep discounts during major China shopping festival, analysts say
▼ + stars: | 2023-06-18 | by ( ) www.cnbc.com time to read: +4 min

Chinese consumers snapped up billions worth of items in China's first major online shopping festival after emerging from the pandemic as merchants slashed prices, but analysts say that consumer confidence still remains weak. Chinese merchants offered customers steep discounts during the 618 shopping festival, which ran on China's major shopping platforms from the end of May until June 18, in the hopes of shoring up sales amid a weaker-than-expected recovery in consumption. Major shopping festivals, like e-commerce retailer JD.com's 618 and Alibaba's Singles' Day, are typically barometers of consumption in China, and Chinese e-commerce platforms often participate by offering discounts and incentives to consumers. Analysts say that consumption remains soft this year as China emerges from the pandemic, even as platforms including JD.com, Tmall, Taobao and Pinduoduo offered billions in subsidies. "For months, Chinese consumers have been price-conscious, looking for deals and trading down across most product categories," Rein said.

Persons: JD.com, Pinduoduo, Shaun Rein, Rein, Trudy Dai, Jacob Cooke, Lemaire, Chloe, Miu, Cooke Organizations: Analysts, China Market Research Group, WPIC, Brands, Burberry Locations: China, Shanghai, Alibaba's, Covid

Our experts answer readers' insurance questions and write unbiased product reviews (here's how we assess insurance products). When I got renters insurance, I guessed how much I needed. Compare the best renters insurance policies. I've had my share of car accidents and auto insurance claims, but this was my first time having a major loss and filing a renters insurance claim. An emergency fund is a mustAn insurance claim takes time.

Persons: —, I've, adjuster, I'm Organizations: Service Locations: Atlanta

☆ Investors are eyeing China's neighbors as the recovery from 'zero-Covid' slows
▼ + stars: | 2023-06-12 | by ( Jihye Lee | ) www.cnbc.com time to read: +8 min

Bloomberg | Bloomberg | Getty ImagesChina's lackluster economic recovery since emerging from strict "zero-Covid" lockdowns has caused weaker sentiment toward the country, prompting investors to look for alternative options — like its near neighbors. Higher targets for JapanForeign investors have undoubtedly been key in driving the Japanese market, maintaining the highest levels the Nikkei has seen since 1990. During the same period last year, foreign investors had sold a net 1.73 trillion yen approximately. Wall Street banks including Morgan Stanley and Societe Generale are among those that are optimistic on Japanese stocks, holding "overweight" positions. Upside for Korea tech stocksSouth Korea is another market closely watched as concerns over China's recovery linger.

Persons: Goldman, Andrew Tilton, Berkshire Hathaway's Warren Buffett, India's, Goldman Sachs, Tilton, Morgan Stanley, ROE, Mike Wilson, we've, Price, Goldman's Tilton, Rhee Chang, Nomura, Chloe Andrieu, Pranjul Bhandari, Bhandari Organizations: Bloomberg, Getty, Asia, Pacific, Japan Foreign, Nikkei, Japan's Ministry of Finance, Societe Generale, Equity, U.S, UBS Global Wealth, U.S ., UBS, The Bank of, CNBC, Citi, AFP, Afp, Korea Financial Investment Association, South Korean, Fitch, Ben Advisors Locations: Macau, China, Japan, South Korea, India, Goldman Sachs, Berkshire, South, Shanghai, Shenzhen, Wall, Korea, Asia, The Bank of Korea, Fuyang, China's, Anhui, Indonesia

☆ An OnlyFans creator and single mother of 4 explains how she made $196,000 in less than a year on the platform — and how she uses cooking and Spanish lessons to promote her account
▼ + stars: | 2023-05-16 | by ( Nhari Djan | ) www.businessinsider.com time to read: +5 min

Chloe Sasha started on OnlyFans in July 2022 after quitting her job as a receptionist. Her "Cooking with Chloe" series is one of the ways she attracts people to her OnlyFans accounts, where she directs followers for more explicit content. Chloe started on OnlyFans in 2021, focusing mainly on her free page at first, and began actively posting on her paid account in June 2022. She also tries to post as much as possible on Instagram stories, chronicling her day or linking to new OnlyFans content. Chloe's top platforms outside of OnlyFans are Instagram (233,000 followers), TikTok (159,800 followers), and Twitter (27,400 followers).

☆ Trump attorneys will seek to move criminal hush money case to federal court
▼ + stars: | 2023-05-04 | by ( Summer Concepcion | Chloe Atkins | ) www.cnbc.com time to read: +5 min

Former President Donald Trump is seeking to move his criminal case from New York state court to federal court, his attorneys said during a hearing on Thursday. Trump's lawyers will seek the venue change sometime later Thursday, attorney Todd Blanche said towards the end of the hearing. During the hearing, attorneys for the Manhattan district attorney's office and Trump reiterated previous arguments regarding the proposed protective order. Trump's attorneys slammed the proposed protective order as "extremely restrictive" and argued that it infringes on their client's right to free speech. NBC News and other outlets oppose the prosecutor's proposed protective order to limit the public use of evidence ahead of trial, which includes potentially requiring the sealing or redaction of certain items.

A former Fox News employee sued the network Wednesday, alleging that the late Fox News chairman and CEO Roger Ailes sexually abused her for years. Ailes allegedly made it clear that if she tried to speak out or stop the abuse, Luhn would experience “severe personal humiliation and career ruin,” according to the suit. Luhn says in the suit that in 2011 she sent a letter to Fox’s general counsel detailing Ailes’ abuse. The suit says the network withheld over 30% of the payment for taxes. The sexual abuse that she suffered while working at Fox News was some of the worst imaginable,” said Luhn’s attorney, Barbara Whiten Balliette, a partner at Reid Collins & Tsai LLP.

Allen Weisselberg, former chief financial officer for the Trump Organization, is scheduled to be sentenced Tuesday for his role in the company's sweeping 15-year tax fraud scheme. As part of his deal with prosecutors, Weisselberg could have faced added time behind bars if he did not testify truthfully at trial, which ended with the Trump Organization being convicted of all counts. Lawyers for the two Trump Organization subsidiaries charged in the case maintained during the trial that Weisselberg was the lone bad actor and the companies shouldn't be held responsible. Had Weisselberg been convicted at trial, he could have faced up to 15 years in prison. At Tuesday's sentencing hearing, the judge will decide whether Weisselberg must go to jail that day or at a later date.

If you get a small raise, consider increasing your 401(k) contribution by 1-2%. Instead of falling into bad financial habits, you can direct this additional money towards your financial goals. A larger raise can help you accelerate your financial goals, while a smaller raise (such as a cost-of-living adjustment) may not amount to much per paycheck. A budget is essential, since your ability to manage your cash flow directly impacts your ability to achieve financial goals. Committing to more debt and higher monthly expenses after a large raise is a money mistake that sometimes leads to financial regrets.

A former financier and associate of Jeffrey Epstein was sued Monday on allegations that he raped a woman in Epstein’s New York City mansion in spring 2002, according to court filings. The review, carried out by a New York law firm, declared that Black wasn’t involved in Epstein’s criminal activities. At the time, Epstein didn’t disclose Black’s name to Pierson, and she didn’t ask, according to the suit. Black then said ‘Black, my name is Leo Black,’” according to the filings. Another woman, Guzel Ganieva, sued Black last year, accusing him of rape and defamation, according to court filings.

Asked by Trump lawyer Alan Futerfas in cross-examination whether Trump or anyone else in the company gave him permission to "commit tax fraud," Weisselberg said, "No." Former Trump Organization Chief Financial Officer Allen Weisselberg and attorney Alan Futerfas in court in New York on Thursday. Former Trump Organization Chief Financial Officer Allen Weisselberg, left, arrives in court in New York on Thursday. He also agreed “to testify truthfully at the upcoming trial of the Trump Organization” or face up to five to 15 years in prison. He testified earlier Thursday that the Trump Organization cleaned up its business practices after Trump was elected president because of the extra scrutiny it was under.

Former President Donald Trump on Wednesday reached a settlement with a group of protesters who filed a lawsuit alleging they were assaulted by his security guards outside of Trump Tower in 2015, lawyers for both sides said. We are very pleased with this outcome and are happy to finally put this matter to rest once and for all.”The suit stems from an incident in September 2015, when a group protesting then-candidate Trump’s comments about Mexican immigrants allege Trump’s security guards assaulted them on the sidewalk outside Trump’s Fifth Avenue building. The suit charges that Trump’s head of security punched one of the protesters in the head while trying to wrest away his “Make America racist again” sign. Trump’s testimony that he was in the dark about what his security officers were doing was disputed by his former lawyer Michael Cohen during his own videotaped deposition earlier this year. That testimony was also going to be played for the jury in the now-canceled trial.

House Oversight Committee Chairwoman Carolyn Maloney, D-N.Y., will introduce a bill Friday aimed at improving access to abortion services, as well as accurate information on the procedure, in the wake of the Supreme Court’s ruling overturning Roe v. Wade, NBC News has learned. The Abortion Care Awareness Act of 2022 is the latest effort by Democrats to address the fallout from the Supreme Court’s decision to end the constitutional right to an abortion, which has since spurred multiple states to limit or outright ban the procedure. The bill would direct HHS to set up a national campaign to promote resources on where and how to obtain abortion care, medication abortion, and a patient’s right to travel across state lines to get the procedure. John Nacion / STAR MAX/IPx via AP fileA large coalition of reproductive health groups — including the National Family Planning and Reproductive Health Association, Planned Parenthood Federation of America, and more — will endorse Maloney’s bill. Karen Stone, Planned Parenthood Federation of America vice president of public policy and government relations, echoed the need to expand access to educational resources on reproductive health care.

☆ Why some kids love horror -- and why it's nothing to worry about
▼ + stars: | 2022-10-09 | by ( Scottie Andrew | ) edition.cnn.com time to read: +9 min

Kayla Lopez’s kids, meanwhile, just need to pull on their Michael Myers masks to feel invincible. “I don’t really know of anybody that likes horror as much as them, honestly,” she said. Adorable kids and horror paraphernalia seem like an incongruous pairing. There’s no doubt we’re interested in that.”The Lopez kids have what Farley calls “type-T personalities” – the “T” stands for thrill-seeking. They’ve learned to filter themselves around their pals so as not to scare the other kids and save it for when they’re home, where their horror habits aren’t questioned.

In that environment, crooks were easily able to impersonate jobless Americans using stolen identity information for sale in bulk in the dark corners of the internet. When Yvonne Matlock lost her job last year and applied for unemployment benefits online, she was told she was already getting relief money. Through a public records request, NBC News obtained data from the Labor Department, which funds Covid relief unemployment benefits programs, that are riddled with blank values and underestimates. ID.meMore than two-thirds of states, 34, reported no cases of identity theft overpayments in the most vulnerable unemployment benefits program. Cash App, which describes itself as "the easiest way to send money, spend money, save money, and buy cryptocurrency," has been frequently used by fraudsters to move money, law enforcement officials and private consultants said.

After teaching himself about money, my uncle retired at age 56 and paid off his mortgage in eight years. Save early and save aggressivelyIt's much easier to develop the habit of saving when you're young and have few responsibilities. Saving early gives your money time to grow, and you can take advantage of compound interest. In addition to saving early in his career, my uncle aimed to save at least 15% of his income. For example, if you start saving just five years later (at age 30), you'll need to set aside 18%.

The different is your FSA money is "use it or lose it," while your HSA money rolls over from year to year. The biggest difference is that FSA money has to be used by the end of the year, while HSA money rolls over from year to year. For 2021, the HSA contribution limit is $3,600 for individual coverage and $7,200 for family coverage. Remember, you can use this account for a host of eligible medical expenses, including dental and vision expenses. HSAs and FSAs are great tools that can reduce your taxes while you save for future medical expenses.

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