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☆ Investors roll more than $600 billion a year to IRAs. Anticipated Labor Department rules could raise their protections
▼ + stars: | 2023-10-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

This is what the Labor Department will likely tweak, attorneys said. Now, the Labor Department is trying again, though its rule likely won't be as far-reaching, experts said. The OMB has 90 days to review the rule, Borzi said, after which the Labor Department would issue its proposal publicly. watch nowBased on recent legal clues, attorneys expect the Labor Department will seek to raise the bar on all rollover advice provided by the financial ecosystem. That generally means investment advice must be given solely in investors' best interests.

Persons: IRAs IRAs, Phyllis Borzi, Obama, Reish, —, Borzi, Andrew Oringer, Sen, Bill Cassidy, Virginia Foxx, There's, They're, Fred Reish, Drinker Biddle Organizations: U.S . Department of Labor, Washington , D.C, Washington Post, The Washington Post, Getty, Investment Company Institute, ICI, Labor, Pew Research Center, Labor Department, Management, Budget, OMB, Wagner Law, Critics, Rep Locations: Washington ,, IRAs

Ruckel had to make a choice: Lower the price on Amazon or ask Chewy to raise the price of his product. The company also invests in tools to help sellers offer “competitive prices,” he said. Scott Needham, who sells on Amazon and runs a product-finder tool for other Amazon sellers, said he was “surprised by some of the points that the FTC selected.”watch now“I have over the years been very critical of Amazon,” Needham told CNBC. Competitors like Shopify and Walmart are increasingly viable alternatives for many categories of sellers, Needham said, not to mention rapidly growing Chinese e=commerce companies like Temu. Among those is a greater ability for Amazon sellers to communicate with buyers, offering select customers certain promotions.

Persons: Watchara, Fred Ruckel, Ruckel, Chewy, Fred Ruckel's, that’s, David Zapolsky, ”, ” Zapolsky, “, ” “, I'm, commenter, Scott Needham, ” Needham, “ I’ve, Needham, I’m, ” Scott Moller, Moller, ” Moller, ecommerce, he’s, Molson Hart, Hart Organizations: MediaNews, Riverside Press, Enterprise, Getty, Amazon, CNBC, Federal Trade Commission, FTC, Walmart Locations: Eastvale , California, Amazon’s

NEW DELHI (AP) — The Saudi crown prince once vilified by President Joe Biden has been elevated from a fist bump to a hearty handshake. Biden smiled and shook hands with the crown prince, who is often referred to by his initials MBS, as the announcement wrapped up. The cordial greeting was a sharp contrast to the last time Biden and the crown prince met, just over a year ago, in Jeddah, Saudi Arabia. During that encounter, Biden awkwardly greeted the crown prince with a fist bump, a moment roundly criticized by human rights activists, who were already upset at Biden's decision to meet with the Saudi leader. Biden refused to speak to Prince Mohammed at the start of his administration.

Persons: Joe Biden, Biden, Mohammed bin Salman, Narendra Mod, Bin Salman, Jamal Khashoggi, Fred Ryan, year's Biden, Prince Mohammed, ” Khashoggi Organizations: DELHI, Group, MBS, Indian, The Washington Post Locations: Saudi, New Delhi, India, East, Europe, Jeddah, Saudi Arabia, U.S, Ukraine

☆ The candidates tried their best but there's no show without Trump
▼ + stars: | 2023-08-24 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Donald Trump was unmentioned for large stretches of Wednesday's GOP presidential debate. She added "Donald Trump added $8 trillion to our debt, and our kids are never going to forgive us for this." Trump declared on Sunday night that he would not show up for the first major evening in the GOP nomination contest. AdvertisementAdvertisement"I just felt it would be more appropriate not to the debate," Trump told Carlson during a 46-minute interview posted on Twitter. Trump has repeatedly attacked former Washington Post publisher Fred Ryan, chairman of the Reagan Presidential Foundation and Institute.

Persons: Donald Trump, Nikki Haley, Biden, Haley, Trump, Bret Baier, Chris Christie, Christie, Vivek Ramaswamy, Ramaswamy, Tucker Carlson, Carlson, Fred Ryan Organizations: GOP, Service, Republican, Former UN, Trump, Republicans, New, New Jersey Gov, Fox News, Twitter, Reagan Presidential, Washington Post, Reagan Presidential Foundation and Institute Locations: Wall, Silicon, America, Iowa, New Jersey, Simi Valley , California

☆ Trump confirms he will not participate in first GOP primary debate
▼ + stars: | 2023-08-20 | by ( Kristen Holmes | ) edition.cnn.com time to read: +3 min

Washington CNN —Former President Donald Trump confirmed Sunday he will not participate in the first Republican primary debate this week. A Trump adviser told CNN that the former president could still decide to participate in a later primary debate, despite his post. Wednesday’s primary debate is the first of the 2024 cycle. “I’m still holding out hope that President Trump will come. Fox News president Jay Wallace and the network’s chief executive, Suzanne Scott, had also encouraged Trump to participate in the debate.

Persons: Donald Trump, “, ” Trump, Trump, Fred Ryan, Ryan, Trump’s, Tucker Carlson, Ronna McDaniel, “ I’m, ” McDaniel, McDaniel, David Bossie, noncommittal, Jay Wallace, Suzanne Scott, Mike Pence, Ron DeSantis, Nikki Haley, Vivek Ramaswamy, Doug Burgum, Tim Scott, Asa Hutchinson, Chris Christie Organizations: Washington CNN, CNN, Reagan Library, Washington Post, Fox News, Republican, Trump, Florida Gov, South Carolina Gov, North Dakota Gov, Arkansas Gov, New, New Jersey Gov Locations: Bedminster , New Jersey, Florida, South, New Jersey

☆ You’d have to work five lifetimes to make what your boss makes in one year, report shows
▼ + stars: | 2023-08-03 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

The average CEO compensation among S&P 500 companies last year was $16.7 million — the second-highest level of executive pay ever, according to the group’s annual Executive Paywatch report. (2021 was the highest at $$18.3 million)CEO pay fell last year compared to the previous year, said Brandon Rees, the AFL-CIO’s deputy director of corporations and capital markets. To put that $16.7 million in context: Assuming a 45-year career at an average pay of $75,200, regular employees would need to work more than five lifetimes to make what the average CEO receives in a single year. Meanwhile, US workers’ real hourly wages fell in 2022 for the second year in a row by 1.6% after adjusting for inflation, the executive pay report found. The bot battleAmong the biggest concerns raised in the latest pay report is the way artificial intelligence is poised to benefit executives more than their employees.

Persons: Brandon Rees, ” Rees, ’, ”, Fred Redmond, it’s, Redmond, Duncan Crabtree, “ Organizations: New, New York CNN, AFL, Hollywood, SAG Locations: New York, Ireland

☆ Amazon founder Jeff Bezos is playing an increasingly active role in The Washington Post's operations, report says
▼ + stars: | 2023-07-22 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Jeff Bezos is playing an increasingly active role in operations at The Post, The New York Times says. Bezos has sought to make The Post an international force and has encouraged digital experimentation. Patty Stonesifer, the interim chief executive for The Post, told The Times that Bezos was thrilled with "every dollar invested" in the company. Bezos encouraged digital experimentation when he first bought the newspaper, angling to make The Post into an international powerhouse. After Bezos' initial purchase of The Post, his influence was less visible in the newsroom, according to two individuals who spoke with The Times.

Persons: Jeff Bezos, Bezos, Trump, Patty Stonesifer, Stonesifer, Graham, cratered, Sally Buzbee —, Marty Baron —, Fred Ryan —, —, Sally Quinn, Ben Bradlee, haven't Organizations: The New York Times, Amazon, The Washington Post, Post, The Times, Times, The, Washington Post

☆ Murray Hill Is Ready to Share His Personal Life
▼ + stars: | 2023-06-27 | by ( Shane O Neill | ) www.nytimes.com time to read: +1 min

Murray Hill’s signature catchphrase is a percussive “Showbiz!” When he began performing as a drag king in New York during the mid-90s on stages he recalls being “the size of a postage stamp,” shouting “Showbiz!” called out the irony of his Vegas showman persona against the gritty and grimy environs of underground drag clubs. Today, at age 51, with roles as Fred Rococo on HBO’s “Somebody Somewhere,” which was recently renewed for a third season, and as host of Hulu’s new game show “Drag Me to Dinner,” the distance between Mr. Hill and the mainstream is shrinking. Still, his life isn’t wall-to-wall glamour. “I’m in a two-bedroom apartment right now, the second bedroom being my bathroom where I’m talking to you,” he told me from his home in Greenpoint, Brooklyn, during our video call. For Pride season, which lasts the month of June, we unleashed Mr. Hill on the town with his iPhone to capture some of his most “Showbiz!” moments.

Persons: Murray, Fred Rococo, Hill, “, ” Locations: New York, Greenpoint , Brooklyn

☆ Washington Post Publisher Fred Ryan Steps Down
▼ + stars: | 2023-06-12 | by ( Alexandra Bruell | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/washington-post-publisher-fred-ryan-steps-down-e41236b9

Persons: Dow Jones, fred, ryan Locations: washington

☆ Washington Post publisher, CEO Fred Ryan to depart after overseeing growth under Jeff Bezos
▼ + stars: | 2023-06-12 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +7 min

From left, Washington Post Publisher Fred Ryan, Executive Editor Marty Baron, and National Security Editor Peter Finn, applaud as investigative reporter Tom Hamburger speaks to the newsroom after The Washington Post wins two pulitzer prizes, Monday, April 16, 2018, in Washington. Washington Post publisher and CEO Fred Ryan announced on Monday that he will step down from the helm of the newspaper in August. In a statement, the Washington Post said that it saw multiple years of profitability and a dramatic jump in digital subscriptions under Ryan. Read Fred Ryan's memo to employees here:Subject: Message for Washington Post ColleaguesDear Washington Post Colleagues,Nine years ago, I was honored to be selected by Jeff Bezos to be Publisher and CEO of The Washington Post. Read Jeff Bezos' memo here:Subject: Message for The Washington Post TeamDear Washington Post Team,I want to express my deepest gratitude and appreciation to Fred for his dedicated service to The Washington Post as our Publisher and CEO.

Persons: Fred Ryan, Marty Baron, Peter Finn, Tom Hamburger, Ryan, Jeff Bezos, Ronald Reagan, Jeff, Bezos, Patty Stonesifer, Melinda Gates, Read Fred Ryan's, We've, we've, Fred, Read Jeff Bezos, he's, I'm, She'll, Patty, You'll Organizations: Washington Post, National Security, Washington . Washington Post, Amazon, Foundation, Melinda Gates Foundation, Microsoft, The Washington Post, Innovative Media, Fast Company, Ronald Reagan Presidential Foundation and Institute, The Washington Post Team, Washington Post Team Locations: Washington .

☆ Fred Ryan, Publisher of Washington Post, to Step Down
▼ + stars: | 2023-06-12 | by ( Benjamin Mullin | Katie Robertson | ) www.nytimes.com time to read: +1 min

Fred Ryan, the publisher and chief executive of The Washington Post, told employees on Monday that he was stepping down, ending his nearly decade-long run as the newspaper’s top business executive. He was appointed by Jeff Bezos, the founder of Amazon and owner of The Post. In a note to staff, Mr. Ryan said that his next job would be leading the Center on Public Civility, a new project by the Ronald Reagan Presidential Foundation and Institute that is backed by Mr. Bezos. “Today, the decline in civility has become a toxic and corrosive force that threatens our social interactions and weakens the underpinnings of our democracy,” Mr. Ryan, 68, wrote in the memo. “I feel a strong sense of urgency about this issue.”Mr. Bezos thanked Mr. Ryan for his service in a separate note to employees, saying he led the newspaper through a period of “innovation, journalistic excellence and growth.” He will remain publisher for the next two months.

Persons: Fred Ryan, Jeff Bezos, Ryan, Ronald Reagan, Bezos, Mr Organizations: The Washington Post, Amazon, Center, Ronald Reagan Presidential Foundation and Institute Locations: “

☆ Washington Post publisher Fred Ryan steps down
▼ + stars: | 2023-06-12 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

CNN —Fred Ryan, the publisher and chief executive of The Washington Post who oversaw the newspaper through several tumultuous years, announced on Monday that he will step down from his position after nearly a decade at the helm. “Nine years ago, I was honored to be selected by Jeff Bezos to be Publisher and CEO of The Washington Post,” Ryan wrote in a memo to staff on Monday. Ryan’s handling of the matter angered much of the newsroom and pushed high-profile reporters to join the newspaper’s union, including some who had previously resisted joining the union, known as The Washington Post Newspaper Guild. Ryan said that he will continue in his position as publisher of the newspaper until August 1 to help with the transition. Patty Stonesifer, the founding chief executive of the Bill and Melinda Gates Foundation and an Amazon board member, will serve as interim chief executive of The Post.

Persons: Fred Ryan, Ryan, Ronald Reagan, Jeff Bezos, ” Ryan, Jeff, Donald Trump, “, We’ve, Patty Stonesifer, Melinda Gates, “ I’m, Fred, we’ve, ” Bezos, ” Organizations: CNN, The Washington Post, Foundation, Employees, Washington Post Newspaper, Melinda Gates Foundation, The, Amazon

☆ A radio host is suing OpenAI for defamation, alleging that ChatGPT created a false legal document that accused him of 'defrauding and embezzling funds'
▼ + stars: | 2023-06-09 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

A radio host is suing OpenAI, alleging that ChatGPT generated a fake legal complaint about him. The bot falsely identified Mark Walters in a case he had no involvement in, court documents said. ChatGPT told an editor Walters was accused of defrauding and embezzling funds, the documents added. A radio host is suing OpenAI for defamation, alleging that ChatGPT created a fake legal complaint about him. The bot falsely identified Walters as involved in the case and said he was accused of "defrauding and embezzling funds," per court documents.

Persons: OpenAI, ChatGPT, Mark Walters, Walters, Fred Riehl, Riehl, Bob Ferguson Organizations: Amendment, SAF, Bloomberg Law, OpenAI Locations: Georgia, Washington

☆ Trump suggested he won't attend a GOP presidential debate because the venue's board chair publishes the Washington Post. But he took part in the same debate in 2015.
▼ + stars: | 2023-04-26 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Donald Trump suggested he might not attend a GOP presidential debate at the Reagan Library. On Truth Social, Trump criticized the venue's board chair, who publishes the Washington Post. But, Trump participated in a debate at the same location, with the same board chair, back in 2015. But, despite his misgivings about Ryan's role on the board, Trump did participate in a previous GOP presidential debate at the Reagan Library in 2015. It's unclear if Trump actually plans to skip the Reagan Library debate, the date of which has not yet been announced.

☆ New Hampshire Gov. Chris Sununu says Trump is 'wimping out' by suggesting that he may skip GOP presidential primary debates
▼ + stars: | 2023-04-26 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Chris Sununu suggested Trump was "wimping out" by possibly skipping debates. The former president suggested that he may not attend some or all of the GOP presidential debates. Chris Sununu blasted Donald Trump on Wednesday after the former president strongly suggested that he may skip GOP presidential primary debates. "I mean, we're having debates, but Trump says he ain't showing up," Sununu told conservative radio host Hugh Hewitt. It is true that Ryan leads the Reagan Presidential Foundation and Institute, which operates the museum that will host the debate.

☆ 2023 layoff tracker: The latest on which companies have announced job cuts
▼ + stars: | 2023-04-25 | by ( Jennifer Korn | ) edition.cnn.com time to read: +20 min

New York CNN —BuzzFeed, Lyft, Whole Foods and Deloitte all recently announced layoffs affecting thousands of US workers. With 11,000 job cuts announced in November and the 10,000 announced in March, Meta’s headcount will fall to around 66,000 — a total reduction of about 25%. The company announced in January that it was eliminating some 18,000 positions as part of a major cost-cutting bid at the e-commerce giant. IndeedJob listing website Indeed.com announced cuts of approximately 2,200 employees, representing almost 15% of its total workforce, the company said in March. The cuts come after the company announced several rounds of job cuts throughout the pandemic due to falling demand, followed by rapid hiring last year.

☆ The Masters Navigates a Tricky Journey Through the LIV Golf Battlefield
▼ + stars: | 2023-04-05 | by ( Andrew Beaton | Louise Radnofsky | ) www.wsj.com time to read: 1 min

AUGUSTA, Ga .—Fred Ridley, the tight-lipped chairman of Augusta National Golf Club, took his seat on the dais Wednesday flanked by two other green-jacket-wearing members for his annual remarks before the Masters, but this session was supercharged compared with the past. This year, the controversy consuming golf had sped its way down Magnolia Lane and straight into Butler Cabin. Ridley conspicuously avoided uttering the name of LIV Golf, the Saudi-backed circuit that has driven a wedge in the sport by luring many of the top players away from the PGA Tour. When Ridley obliquely referred to the situation, it wasn’t difficult to decipher his disagreements with players joining LIV and his displeasure with the divide that has landed on his doorstep.

☆ Children as young as 10 and rape victims were sterilized in Utah as late as the 1970s. Time is running out to get justice.
▼ + stars: | 2023-02-15 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +9 min

Victims as young as 10 were sterilizedA picture of the Utah State Hospital from the late 1800s. Sterilizations were carried out in this hospital before the Utah State Training School was opened. 'He felt there was nothing he could do to prevent the operation'An entrance to the Utah State Training School, American Fork, Utah, February 1942. Utah State Historical SocietyLike many other states in the US, the people who were deemed unfit in Utah — labeled as "feeble-minded"— would be sent to off to state institutions — first at the Utah State Hospital they at the Utah State Training School from 1931. At the Utah State Training School, students were meant to learn practical skills like housework, sewing, and shoe mending.

☆ Washington Post begins layoffs
▼ + stars: | 2023-01-24 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

CNN —The Washington Post on Tuesday became the latest media company to conduct layoffs, people familiar with the matter said, a move that publisher Fred Ryan had indicated last month the newspaper would take in early 2023. But The Post said at the time of Ryan’s announcement that it anticipated the layoffs being in the “single digit percentage” of its workforce. The Post also stressed the layoffs would ultimately not result in a “net reduction” of its workforce as it would invest in other areas. Ryan’s December announcement about future layoffs prompted fury inside the Post newsroom, nearly a dozen employees at The Post told CNN at the time. “The mood is really grim,” one staffer had told CNN.

☆ Washington Post publisher slams Pompeo calling Jamal Khashoggi an 'activist' in new book, fires back that CIA 'concluded Jamal was brutally murdered'
▼ + stars: | 2023-01-24 | by ( Brent D. Griffiths | Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

A Washington Post official blasted Mike Pompeo for his portrayal of Jamal Khashoggi in his new book. Post publisher Fred Ryan said Pompeo "outrageously" misrepresents "the life and work" of Khashoggi. "As the CIA — which Pompeo once directed — concluded, Jamal was brutally murdered on the orders of Saudi Crown Prince Mohammed Bin Salman." The report also described that later in his life Khashoggi's ties to the group were "ambiguous." Hanan Elatr Khashoggi, Khashoggi's widow, told NBC News that Khashoggi' was never part of the group.

☆ Top 10 Insider News Features of 2022
▼ + stars: | 2023-01-04 | by ( Edith Honan | ) www.businessinsider.com time to read: +1 min

The 'world's coolest dictator' rounded up 60,000 people in a supposed crackdown on MS-13. A shrimp farming community is fighting back. Since March of 2022, more than 60,000 people, mostly working-age men, have been rounded up indiscriminately and with flimsy explanations.indiscriminately and with flimsy explanations. The 'world's coolest dictator' rounded up 60,000 people in a supposed crackdown on MS-13. A shrimp farming community is fighting back.

☆ The 'world's coolest dictator' rounded up 60,000 people in a crackdown on MS-13. A shrimp farming community is fighting back.
▼ + stars: | 2022-12-27 | by ( Danielle Mackey | ) www.businessinsider.com time to read: +29 min

SISIGUAYO, EL SALVADOR — On the morning that Walber Rodriguez was arrested last May, he was just two minutes from his home in Sisiguayo, El Salvador. Outside El Salvador, Bukele is best known for adopting Bitcoin as a national currency. All around them in Sisiguayo and the surrounding Bajo Lempa valley, people were arrested with no satisfactory explanation. Residents of the Bajo Lempa who'd been touched by the arrests had begun meeting weekly at a nearby retreat center. A meeting of the Bajo Lempa families on June 17, 2022.

☆ The 'world's coolest dictator' rounded up 60,000 people in a supposed crackdown on MS-13. A shrimp farming community is fighting back.
▼ + stars: | 2022-12-27 | by ( Danielle Mackey | ) www.businessinsider.com time to read: +29 min

☆ VIDEO: Washington Post staffers shouted at the CEO after he announced layoffs but refused to say who will get the boot
▼ + stars: | 2022-12-15 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

A video shows Washington Post staffers shouting at the company's CEO at a town hall meeting. Gowen said the video is from a colleague, and she took it from the Washington Post Guild's chat. At the town hall, Ryan said job cuts will probably be in the "single-digit percentage." The Washington Post Guild did not immediately respond to Insider's request for comment ahead of publication. "The Washington Post is evolving and transforming to put our business in the best position for future growth," Kathy Baird, chief communications officer at The Washington Post, said in a statement on Tuesday.

☆ 'The mood is really grim': Washington Post staffers lived at publisher Fred Ryan after layoff announcement
▼ + stars: | 2022-12-15 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Staffers at The Washington Post are livid at publisher Fred Ryan. Video posted on Twitter by national reporter Annie Gowen showed Ryan walk off stage as staffers peppered him with questions. In fact, I haven’t spoken to a single person at The Post yet who has gone to bat for the publisher. Buzbee indicated to staffers on Wednesday that she had only learned about the layoff situation the night before. “The mood is really grim,” one staffer candidly told me.

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