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☆ Jim Jordan is using the war in Israel to try to bully his 55 hold-out colleagues into backing his House speakership bid
▼ + stars: | 2023-10-16 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Jim Jordan won the GOP speaker nod, but roughly 55 colleagues have said they won't vote for him. So Jordan and his allies are using a new argument to win them over: the war in Israel. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe war in Israel continues to hang over the leaderless House of Representatives — this time as a blunt instrument for allies of Rep. Jim Jordan, the embattled GOP nominee for speaker.

Persons: Jim Jordan, Jordan, —, Donald Trump, Chip Roy, Texas, Anna Paulina Luna, Sean Hannity, Juliegrace Brufke, Steve Scalise, There's, Mike Rogers of, Rogers Organizations: Service, GOP, Ohio Republican, Ohio, Chip Roy Press Office, Fox News, Republicans, Jordan, White, House Armed Services Locations: Ukraine, Israel, Florida, Mike Rogers of Alabama

☆ Opinion | The Era of Prestige TV Is Ending. We’re Going to Miss It When It’s Gone.
▼ + stars: | 2023-09-21 | by ( Roy Price | ) www.nytimes.com time to read: +3 min

I left Amazon Studios in 2017 (after accusations I dispute), and five years later, the larger industry picture looks exceedingly bleak. In the last year nearly every major studio, from Warner Bros. to Paramount, has announced layoffs and write-offs. Amazon was plagued by reports that its big investment in a “Lord of the Rings” series yielded disappointing viewership numbers. Many of its key writers and producers, including Judd Apatow and Steve Levitan, went on to broadly influence TV and film comedy. It’s HBO.” summed it up: Prestige TV was trying to be, as was sometimes said, “filmovision” — as dark and true to life or shockingly violent as necessary.

Persons: Bob Iger’s, HBO Max, Max, they’ll, Larry Sanders, “ Sanders ”, Judd Apatow, Steve Levitan, Oz, ”, “, Maisel, Ted Lasso ”, Pimple Popper, ” there’s Organizations: Amazon Studios, Warner Bros, Paramount, Disney, HBO, Showtime, City, Prestige, Netflix, “, Amazon, Golden Globes

☆ Single people in Hawaii need to make an average of $112,411 to get by, a study has found. Here's how US living wages compare in the most expensive states.
▼ + stars: | 2023-08-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Hawaii is the most expensive place for single people to live in the US, an analysis found. Single people need an annual paycheck of $112,411 to make a living wage in the state, per the data. The study used survey data from the Bureau of Labor Statistics to calculate the cost of annual necessities for a single person state by state. New YorkLiving wage for a single person: $73,226AdvertisementAdvertisementOlympic Tower, New York City. AlaskaLiving wage for a single person: $71,570

Persons: Coyright Roy Prasad, Barry Winiker Organizations: Morning, US Bureau of Labor Statistics, Mississippi, Bureau of Labor Statistics, Hawaii, Massachusetts, DenisTangneyJr, California, Getty, New York, Alaska Locations: Hawaii, Massachusetts, San Francisco , California, , New York City

☆ A former Obama aide who advised Succession writers on their chaotic presidential election outcome hopes 'that ultimately, life does not imitate art'
▼ + stars: | 2023-08-29 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Schultz wrote about how he helped craft the show's fictional presidential election. A former Obama White House aide who worked with writers on crafting the chaotic end to the show's fictional presidential election expressed hope that the brief chapter in the Roys' saga doesn't become real life. "With Succession, I can only hope we didn't predict the future and that, ultimately, life does not imitate art." Roman Roy, played by Kieran Culkin, teases his sister Shiv by saying "False Flag" repeatedly when she raises the possibility of a pro-Mencken plot. AdvertisementAdvertisement"So much for my political expertise," Schultz wrote of how he dismissed concerns about arson in actual political circles.

Persons: Eric Schultz, Schultz, doesn't, fixating, Eric Shultz, Jeryd Mencken, Kendall, Roman Roy, Jesse Armstrong, Armstrong, Darwin Perry, Adam Godley, Kieran Culkin, Shiv, Mencken, Politico's Zach Montellaro, Donald Trump, Mike Pence Organizations: HBO's, Service, Obama White House, White, Hollywood, HBO, Republican, ATN, Democratic, Electoral College Locations: Wall, Silicon, Milwaukee

☆ I was at Goldman Sachs when I came out as a trans woman. I wondered if my colleagues thought I was a freak the first time they saw me with makeup on.
▼ + stars: | 2023-08-13 | by ( Maeve Duvally | ) www.businessinsider.com time to read: +6 min

Maeve Duvally is a former Goldman Sachs executive who came out as transgender in 2019. For most of my career at Goldman Sachs, I commuted from Pound Ridge into the City, got off the train and jogged to work. Rushing toward the exit, I nearly bumped into a Goldman Sachs hospitality person who I didn't really recognize though I probably passed him several times a week. I crept out of the auditorium and willed myself to the last obstacle, the turnstiles, after which I was free of Goldman Sachs and worry. Maeve DuVally is a former Goldman Sachs executive and author of "Maeve Rising: Coming Out Trans in Corporate America."

Persons: Maeve Duvally, Goldman Sachs, Maeve, Hugo Boss, Clark Kent, Maeve DuVally Organizations: Goldman, Corporate, City, AA, Wonder, Bloomberg Locations: Atacama, Asia

☆ Why Carlos Alcaraz’s Wimbledon win left Jon Rahm stunned
▼ + stars: | 2023-07-20 | by ( Christina Macfarlane | Jack Bantock | ) edition.cnn.com time to read: +6 min

“It’s hard to beat Djokovic, no matter how good or bad he’s playing. “And just 20 years of age, it’s something incredible.”Rahm playing a practice round ahead of the Open Championship at Royal Liverpool. Neither three-time champion Woods or Garcia will feature at Royal Liverpool this week, as Rahm sets off in pursuit of another special win. The 34-year-old has not tasted major success since 2014, a year in which he lifted the Claret Jug at Royal Liverpool. “He’s given himself a lot of chances in the Open … he’s been in position on Sunday many, many times, including last year.

Persons: “, Jon Rahm, It’s, Ballon d’Or Feminin, Alexia Putellas, Rahm, Carlos Alcaraz, Alcaraz, Novak Djokovic, Rafael Nadal, ” Rahm, CNN’s Christina Macfarlane, Djokovic, – you’ve, Carlos, Rafa, Nadal, Paul Ellis, Severiano Ballesteros, Rahm’s, Ballesteros, Miguel Ángel Jiménez, María, Sergio García, Woods, Garcia, Seve, you’ve, “ I’ve, you’re, ” McIlroy ‘, Rory McIlroy, McIlroy, “ Rory’s, he’s, He’s, “ He’s, ”, Andrew Yates, haven’t, would’ve, England’s Justin Rose Organizations: CNN, PGA, Royal Liverpool, Spanish women’s national football team, Barcelona, Roja, Wimbledon, Court, Getty, Royal Lytham, Spain, ’, “ Locations: Spain, Spanish, Australia, Alcaraz, AFP, St, Annes, Royal, Augusta, Merseyside

The Paul, Weiss, Rifkind, Wharton & Garrison partner is well-known for representing blue chip clients like Amazon in cases with millions or even billions of dollars on the line. "Widely considered one of the most preeminent litigators of his generation," is how his Paul Weiss bio puts it. Average profits per partner at Paul Weiss last year were $5.73 million, according to The American Lawyer. The case made national headlines, and the ex-judge, Roy Pearson Jr, was subsequently sanctioned by the D.C. Court of Appeals. In a statement filed with the court, Isaacson and McCrocklin's lawyer said the two sides' positions "are both extremely well-known to each other and seemingly very entrenched."

Organizations: & & '

☆ NHL roundup: Bruins lock down Atlantic Division title
▼ + stars: | 2023-03-26 | by ( ) www.reuters.com time to read: +11 min

Hathaway has scored three goals since joining the Bruins in late February, two of which have been go-ahead tallies. Linus Ullmark made 11 of his 26 saves in the third period, improving to 11-1-0 in his last 12 starts. For the Lightning, Victor Hedman scored the lone goal and Andrei Vasilevskiy was credited with 32 saves. Leon Draisaitl had a goal and an assist, and Zach Hyman and Warren Foegele also scored for Edmonton. Ottawa captain Brady Tkachuk scored his seventh goal in seven games and Mark Kastelic and defenseman Thomas Chabot also tallied.

☆ It took a progressive Virginia suburb 8 years to let developers build apartments instead of single-family houses. It shows how hard it is to build middle-class housing in the US.
▼ + stars: | 2023-03-21 | by ( Eliza Relman | ) www.businessinsider.com time to read: +12 min

Arlington, Virginia, is finally set to pass a "missing middle" housing policy after years of debate. Arlington is just the latest community to address missing middle housing as a part of a broader national reckoning. Across the country, critics of increasing housing density in single family neighborhoods are disproportionately older, wealthier, white homeowners. Advocates of missing middle housing say there's a deep generational gap when it comes to housing density. Despite the massive effort it took to come to the verge of passing missing middle housing, Arlington officials predict change will be slow and limited.

☆ Amazon Studios is growing fast and spending big on shows like 'Citadel,' but insiders say unclear creative direction, leadership shifts, and tech bureaucracy threaten to drive away staff and talent
▼ + stars: | 2023-02-10 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +20 min

The dust has been settling at Amazon Studios after a big reorg in the fall that solidified Jen Salke's power. Yet Amazon Studios faces major challenges. Amazon Studios' Head of Global Television Vernon Sanders told Insider that the goal is to deliver content with global cultural relevance. Amazon Prime VideoWhile spending on such big swings has soared, some insiders see far less budgetary support for underrepresented casts. "I do think people wonder what's the commitment to Amazon Studios," the current insider said.

☆ Allegro third-quarter profit rises as Polish business returns to growth
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +2 min

Nov 30 (Reuters) - Poland's biggest e-commerce platform Allegro (ALEP.WA) reported a rise in third-quarter core profit on Wednesday, driven by a recovery in the company's key home market, as it managed delivery costs and saw gross merchandise value rise. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 13.9% to 537.3 million zlotys ($119.16 million) beating average analysts' expectations of 496 million zlotys in a company-compiled consensus. Gross merchandise value (GMV), an industry metric to measure transaction volumes, jumped 21% in Poland to 12.01 billion zlotys, Allegro added. At home, Allegro's adjusted EBITDA showed year-on-year growth of 24.6% to 587.6 million zlotys, after falling 1.5% in the second quarter as the company introduced monetisation initiatives to manage delivery costs. ($1 = 4.5091 zlotys)Reporting by Anna Pruchnicka; Editing by Kim Coghill and Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

☆ Elon Musk has upended Twitter’s business. Here’s how he could fix it
▼ + stars: | 2022-11-22 | by ( Clare Duffy | ) edition.cnn.com time to read: +9 min

The Tesla CEO has previously said he “hates advertising” and, as Twitter’s owner, professed a desire to make the company more reliant on subscription revenue than advertising dollars. Twitter has always struggled to turn its outsized influence in media, politics, and culture into a highly successful advertising business. Twitter’s advertising business has long been smaller than that of rivals like Facebook, in part because it didn’t offer the same level of user targeting. To successfully overhaul Twitter into a thriving subscription business would be to buck the trend of many other media properties that have struggled with the model. Twitter’s ad woesWhether he likes advertising or not, the business made up 90% of Twitter’s revenue prior to Musk’s takeover and replacing it won’t be an immediate shift.

☆ Shares and bonds chastened as Fed, ECB urge care
▼ + stars: | 2022-11-14 | by ( Lawrence White | ) www.reuters.com time to read: +5 min

Meanwhile dovish comments from European Central Bank policymaker Fabio Panetta saw European bond yields ease, but short-dated rates remained within striking distance of multi-year highs. Panetta said the ECB needs to avoid overtightening as that could destroy productive capacity and deepen a recession. The benchmark European STOXX index rose 0.26% (.STOXX), and MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) added 0.6%, after jumping 7.7% last week. The dollar index was last seen on Monday at 106.86, still well short of last week's 111.280 top , while the euro eased a touch to $1.032 , after climbing 3.9% last week. The firming dollar also dragged down oil prices, despite the hopes of a demand boost from China's hints at reopening.

WASHINGTON — In 2015, bomb-throwers in the House Freedom Caucus derailed Kevin McCarthy’s quest to become speaker. Even though no major news network has made the call, House Republicans have begun jockeying for leadership roles under the assumption that they will be able to seize power. McCarthy has spent years trying to position himself to be the next Republican House speaker. Some House Freedom Caucus members are outright opposed to McCarthy, while others are demanding concessions from him that would greatly water down his power as speaker. Some Freedom Caucus lawmakers huddled Thursday at the headquarters of the Conservative Partnership Institute, a nonprofit aligned with Trump.

☆ Polish e-commerce leader Allegro trims forecast over price fears
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +1 min

Sept 29 (Reuters) - Poland's biggest e-commerce company Allegro (ALEP.WA) trimmed its full-year guidance for its core Polish market on Thursday for the second time this year, as it anticipates high inflation could lower demand. Allegro expects year-on-year revenue growth of 23%-26% compared to 25%-30% previously, while adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to rise by between 10%-12% versus a previous range of 10% and 15%. Allegro said the worsening outlook for economic growth, sustained inflation and concerns over energy security raised the risk of reduced consumer demand during the peak Christmas trading period. Allegro's second-quarter revenue and adjusted EBITDA was in line with preliminary results announced last month at 2.21 billion zlotys ($445.03 million) and 484.1 million zlotys, respectively. ($1 = 4.9660 zlotys)Register now for FREE unlimited access to Reuters.com RegisterReporting by Anna Pruchnicka; editing by Barbara LewisOur Standards: The Thomson Reuters Trust Principles.

☆ Old money: How retirees are funding and fueling political candidates unlike ever before
▼ + stars: | 2022-09-20 | by ( Madison Hall | ) www.businessinsider.com time to read: +10 min

In the 2020 election cycle, retirees gave hundreds of millions of dollars to federal candidates. Crystal Snow, a 60-year-old retired business owner, also donated hundreds of times to Republican groups ahead of the 2020 election, according to federal records. Snow told Insider she donated according to her Christian values and did so exclusively online, including to the likes of Sens. By the 2020 election cycle, retirees accounted for more than $1 in every $5, amounting to more than $378 million. Retirees are responsible for a greater and greater share of large political contributions, federal campaign finance data indicates.

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