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☆ Chris Christie Is Running for the Nomination of a Party That Doesn’t Exist - The New York Times
▼ + stars: | 2023-06-08 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +3 min

But my enjoyment of his newfound Resistance shtick doesn’t bode well for Christie. The people he needs to win over are not liberal New York Times columnists, but voters who hate liberal New York Times columnists. The trick, for a Republican, is going to be painting Trump as a weak loser who will sabotage right-wing priorities. At times Christie tried to do this, as when he criticized Trump for his failure to build the border wall and repeal the Affordable Care Act. presidential nomination, would he be willing to accept the role of the presidential candidate of a 2024 center-right independent party?” Steinberg wrote in April.

Persons: Christie, ”, Trump, Alec Baldwin, Ivanka Trump, Jared Kushner —, you’ll, —, Kushner, Prince Mohammed bin Salman, doesn’t bode, “ idolizing ” Vladimir Putin, Volodymyr Zelensky, Biden, John McCain, pander, filleting, Marco Rubio, he’s, Alan Steinberg, Bush, ” Steinberg Organizations: Trump, State, New York Times, Republican, “ Locations: State of New Jersey, Saudi Arabia, Ukraine, Europe

☆ Making money as a startup is hard, so these New Jersey companies are selling their financial losses in exchange for millions in cash
▼ + stars: | 2023-06-01 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +4 min

The state of New Jersey offers a unique program that allows startups in the state to sell those losses for cash. To date, TrueFort has pulled in $20 million through a New Jersey program for startups. Those companies can then deduct those losses from their taxable income, cutting the amount of money they pay in taxes. The NOL program is especially popular among biotech businesses like Lisata, which are characterized by large R&D expenses and unpredictable paths to profitability. The NOL program is part of a suite of programs designed to support New Jersey startups.

Persons: Sameer Mahorta, TrueFort, Malhorta, David Mazzo, Mazzo, Lisata, Mahorta Organizations: Partners, Shasta Ventures, New, New Jersey Economic Development Authority, state's Technology, Bank of America, NOL, Garden State Locations: New Jersey, Weehawken, Silicon, Garden

☆ Bed Bath & Beyond will reportedly pay severance to 1,293 workers in New Jersey after it faced sharp criticism over prior cuts
▼ + stars: | 2023-05-08 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Bed Bath & Beyond will cut another 1,293 jobs in its home state of New Jersey, public records show. New rules in the state mean the company will need to pay severance to those employees. Cryan sponsored legislation, which took effect on April 10, requiring large employers to pay severance to more employees than is required under federal law. New Jersey law broadens severance coverageMark Diana, a management-side employment lawyer with Ogletree Deakins, previously told Insider the new law requires employers to:Give 90 days' notice of a mass layoff. Pay mandatory severance of one week's earnings per year of service, with no cap on the number of weeks.

BUENOS AIRES, April 7 (Reuters) - Argentina's state oil company YPF has agreed to pay nearly $300 million to the creditors of one of its now-bankrupt subsidiaries after they sued the company in relation to a historical U.S. environmental case, it said. In 2016, Maxus Energy Corporation filed for chapter 11 protection in the U.S. Bankruptcy Court in Delaware. YPF said its former subsidiary had met its obligations until then, without specifying if these were financial or environmental. Under the conciliation agreement reached this week, the Maxus Liquidation Trust agreed to drop the claims it had filed against both YPF and co-defendant Spanish oil company Repsol, the statement issued by YPF said. In turn, YPF and Repsol agreed to pay the trust $287.5 million each, without admitting any responsibility.

☆ U.S. arrests retired Salvadoran officer implicated in atrocities
▼ + stars: | 2023-04-06 | by ( Nelson Renteria | ) www.reuters.com time to read: +2 min

SAN SALVADOR, April 6 (Reuters) - U.S. agents arrested a retired Salvadoran military officer this week on charges of participating in a brutal massacre of civilians during El Salvador's grinding civil war in the 1980s, according to a statement on Thursday. Agents from U.S. Immigration and Customs Enforcement (ICE) detained Roberto Garay on Tuesday in the state of New Jersey, the agency said. Retired Salvadoran general Juan Rafael Bustillo acknowledged in 2020 that Atlacatl was responsible for the notorious 1981 El Mozote massacre, in which more than 1,0000 villagers, mostly women and children, were slaughtered. The battalion carried out extrajudicial executions at El Mozote, as well as in three other massacres in which "hundreds of noncombatant civilians" were killed, ICE said. One of several bloody Central American conflicts linked to the Cold War, El Salvador's 1980-1992 civil war pitted the leftist Farabundo Marti National Liberation Front (FMLN) rebels against the army of the U.S.-backed right-wing government.

☆ Don't make America Florida, make it New Jersey instead, Democratic Gov. Phil Murphy says
▼ + stars: | 2023-04-03 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +9 min

Phil Murphy is pitching his home state of New Jersey as a model for America. He sat down with Insider in Florida, criticizing the state's policies under DeSantis. As head of the Democratic Governors Association, he wants blue states to be a contrast to red states. Ron DeSantis of Florida hasn't been subtle about selling his vision of what America should be. Phil Murphy is urging voters to look much further north on the East Coast, to New Jersey.

☆ Bed Bath & Beyond is now offering $500 bonuses to hourly employees to stop them from quitting before their stores close
▼ + stars: | 2023-03-30 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Bed Bath & Beyond will give workers at closing stores $500 to stay until the end, sources tell Insider. Sources tell Insider that workers in many stores were quitting before their store's liquidation process was complete, complicating efforts to shut down more than 400 retail stores. Store managers are now expected to receive $2,250, assistant managers should see $1,750, and supervisors should receive $1,000, multiple store managers told Insider. Multiple workers also told Insider the company said it will no longer match 401k contributions for 2022. If you are a current or former employee of Bed Bath & Beyond or Harmon who would like to share your story, please get in touch with Dominick via email.

☆ Bed Bath & Beyond set to complete a round of layoffs in New Jersey the day before a new state law takes effect that would mean millions more in severance for workers
▼ + stars: | 2023-03-24 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

Bed Bath & Beyond is closing 43 stores, two warehouses, and one fulfillment center in New Jersey. New layoff rules go into effect on April 10 in the state, which could have cost the company millions. On the morning of Tuesday, January 10, Bed Bath & Beyond CEO Sue Gove offered a rosy update about the company's turnaround strategy during its third-quarter earnings call. Representatives for Bed Bath & Beyond did not respond to Insider's question about whether the law influenced the timing of its New Jersey closures. Unlike prior cuts in which as many as 12 weeks of severance pay were given, Bed Bath & Beyond workers in several states affected by this round of layoffs tell Insider they will receive nothing.

☆ Popeyes meme kid from viral GIFs inks college football NIL deal with the fast-food chain
▼ + stars: | 2023-01-13 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Popeyes announced a partnership with viral meme star Dieunerst Collin on Thursday. Collin, now a college football player, signed an NIL deal with the company. The announcement has prompted other companies to reach out for additional brand partnerships, Collin told ESPN. Collin told ESPN he's grateful that his unintentional fame is finally paying off nearly a decade later. "I just want to thank everyone for going in the comments and tagging Popeyes," Collin said.

☆ Ship captains held by Indonesian navy decry bribes and betrayal
▼ + stars: | 2022-09-28 | by ( Joe Brock | ) www.reuters.com time to read: +10 min

Most of the captains were freed after a few weeks once ship owners made unofficial payments to navy intermediaries of between $300,000 and $400,000, the people said. The Indonesian navy has said it never requests or receives money to release vessels. Ledoux, 57, questioned why more wasn't being done by ship owners and governments to raise awareness of the issue. An Indonesian navy spokesman did not respond to a request for comment. Reuters has not seen what evidence was presented at the trial to prove the ship was in Indonesian waters.

Sea level rise will flood huge swaths of the country and submerge billions of dollars’ worth of land, according to a new report. The analysis indicates that sea level rise could reduce the value of that private land by more than $108 billion by the end of the century. Risk isn’t evenly distributedClimate Central found that, unsurprisingly, the effects of sea level rise aren’t evenly distributed across the U.S. In Galveston County, Texas, more than 4,200 buildings that are currently above sea level will be at least partially underwater. While sea level rise is one of the major impacts of the climate crisis, it’s not the only one.

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