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First, for a long-negotiated $118 billion package with border enforcement measures that collapsed this week after Republicans rejected it; then, for a modified package with the border portion stripped out. “We still believe Ukraine, Israel, humanitarian aid to the Middle East and helping Indo-China, as well as strengthening our military, is vitally important,” Schumer told reporters Wednesday. “First Republicans said they would only do Ukraine and Israel, humanitarian aid with border. House Republicans are still insisting on a border plan, even though they rejected the deal negotiated in the Senate as insufficient. It would invest in domestic defense manufacturing, send funding to allies in Asia, and provide $10 billion for humanitarian efforts in Ukraine, Israel, Gaza and other places.

Persons: Chuck Schumer, “, ” Schumer, Mitch McConnell, —, Republicans —, Mike Johnson, Mike Rogers, ”, Donald Trump, Johnson, Trump, Vladimir Putin, Hakeem Jeffries, Seung Min Kim Organizations: WASHINGTON, Ukraine, New York Democrat, Republicans, Republican, House Republicans, Armed Services, Israel, Democratic, Press Locations: Israel, Ukraine, East, China, Russia, America, Gaza, Asia

☆ Italy Looks to Use G7 Chair to Boost Support for Ukraine, Scrutinise AI
▼ + stars: | 2024-01-23 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

Italy will chair the G7, which also groups the United States, Japan, Germany, Britain, France and Canada, throughout 2024 and will host a summit in June. However, the source said G7 leaders were determined to show they remained fully committed to Kyiv and could not risk showing signs of weakness two years after Russia invaded its neighbour. "We must change the narrative on Ukraine," the source said, adding that Russian President Vladimir Putin had lost significant financial, military and diplomatic clout since the invasion. Italy is planning to stage 20 ministerial meetings during its G7 presidency, kicking off with a three-day gathering from March 13-15 on industry, technology and digitalisation, which will put a spotlight on the fast-paced AI revolution. Rome will also propose creating a steering committee to ensure greater G7 coordination on AI.

Persons: Crispian Balmer, Angelo Amante ROME, Vladimir Putin, Giorgia Meloni, Angelo Amante, Nick Macfie Organizations: Artificial Intelligence, Kyiv, Italy's Locations: Italy, Russia, Ukraine, United States, Japan, Germany, Britain, France, Canada, Africa, China, Washington, Brussels, Kyiv, Puglia, Rome, Beijing

☆ Nestlé's Steve Presley: 2024 is about getting back to innovation
▼ + stars: | 2023-12-27 | by ( Josée Rose | ) www.businessinsider.com time to read: +6 min

He says 2024 will mark a return to innovation and doing more around marketing for its many brands. AdvertisementFor Steve Presley and Nestlé, 2024 is about getting back to innovation. As CEO of Nestlé's Zone North America, he sees 2024 as a year to get back to basics. So, the traditional way of demand generation and winning categories with consumers, and creating value for consumers is really what I'm excited about for 2024. So it looks like we're in a stable inflationary environment — or more stable — and we're in a stable supply environment, now we get back to serving households better.

Persons: Steve Presley, —, Nestlé, Presley, Nescafé, Gerber, creamer, we've, I've, I'm Organizations: Nestlé's, North America, Service, Purina Locations: North, Business, America

☆ NATO Leaders Try to Pin Down U.S. on Ukraine Aid as Republicans Waver
▼ + stars: | 2023-11-28 | by ( Lara Jakes | More About Lara Jakes | ) www.nytimes.com time to read: +1 min

A White House proposal to send Ukraine about $61.4 billion in additional emergency aid — out of an overall $105 billion plan — has stalled in the Republican-led House. That has left the United States with less than $5 billion available to contribute to the war; American military aid to Ukraine has so far totaled about $45 billion in weapons and equipment. The American secretary of state, Antony J. Blinken, tried to assuage concerns among NATO leaders. “We will be strongly reaffirming our support for Ukraine as it continues to face Russia’s war of aggression,” Mr. Blinken said a few hours later, as he headed into Tuesday’s meetings. The pointed remarks underscored NATO’s attempts to deter Russia as its war in Ukraine approaches the two-year mark — and as all indications suggest the conflict will likely drag out for far longer.

Persons: —, Antony J, Blinken, “, Mr, NATO’s Organizations: Republican, NATO Locations: Ukraine, United States, Russia, Sweden

Zhao Changpeng, founder and chief executive officer of Binance greets the audience during an event in Athens, Greece, November 25, 2022. "Today, I stepped down as CEO of Binance," Zhao tweeted. Binance became the world's biggest crypto exchange within six months. As Binance hired more widely from traditional financial and regulatory worlds, Zhao's tight control over his company was undiminished. Richard Teng, a senior Binance executive who joined in 2021, is the new CEO, Zhao posted on social media on Tuesday.

Persons: Zhao Changpeng, Binance, Costas Baltas, Changpeng Zhao, Zhao, Prosecutors, Tuesday's, General Merrick Garland, Yi, Richard Teng, Teng, Tom Wilson, Lisa Shumaker, Bill Berkrot Organizations: REUTERS, Justice Department, Binance, New York Times, U.S, Reuters, Futures Trading Commission, Thomson Locations: Athens, Greece, Binance, Binance ., Shanghai, China, Canada, Tokyo, New York, London

☆ Asia stocks waver, expectations of Fed pause intact after data
▼ + stars: | 2023-11-16 | by ( Julie Zhu | ) www.reuters.com time to read: +4 min

U.S. economic data this week has left investors in the same state of confusion about Fed policy as they have been in for weeks. "A period of consolidation seems warranted, especially if Fed officials push back against the recent easing in financial conditions." Australian shares (.AXJO) were down 0.33%, while Japan's Nikkei stock index (.N225) slid 0.36%. On Wednesday, U.S. stocks closed slightly higher, as the inflation data reinforced investor hopes the Fed is done raising interest rates, while retail stocks were boosted by an upbeat forecast from Target. The two-year yield , which rises with traders' expectations of higher Fed fund rates, touched 4.8991% compared with a U.S. close of 4.916%.

Persons: Issei Kato, HSI, Joe Biden, Xi Jinping, Brent, Julie Zhu, Vidya Ranganathan, Lincoln Organizations: REUTERS, ANZ, Japan's Nikkei, Nikkei, Target, Dow Jones, Nasdaq, Treasury, Thomson Locations: Tokyo, Japan, HONG KONG, Asia, Pacific, U.S

☆ Madeleine: The Joy of Intergenerational Friendship - The New York Times
▼ + stars: | 2023-11-14 | by ( Raquel Sancinetti | ) www.nytimes.com time to read: +1 min

I’ve always admired the wisdom and humor of my elders, and she instilled in me a profound appreciation for their company. Unlike the prevalent notion that aging is negative, my perspective on growing old — very old — was different. Soon after, I decided to make a documentary exploring aging and the experiences of women. A friend of mine, who used to teach fitness courses at a retirement home, introduced me to Madeleine. This short documentary was completed when Madeleine was 107 years old, and I consider myself very fortunate to have known her.

Persons: I’ve, Madeleine Locations: Canada, Brazil, Madeleine

☆ Stock Market Today: Dow Futures Waver, UBS Posts a Loss
▼ + stars: | 2023-11-07 | by ( ) www.wsj.com time to read: +1 min

Stock futures ticked lower, suggesting the recent winning streak on Wall Street could come to an end, while Treasurys rallied, bringing down yields. In global markets, UBS posted a larger-than-expected loss on costs related to taking over Credit Suisse. Index futures declined. International stock markets broadly declined. Oil markets retreated, putting benchmark Brent crude on track for its lowest close since August at slightly under $84 a barrel.

Persons: Treasurys, Dow, Bond Organizations: UBS, Credit Suisse, KKR, Carlyle Group, TPG, EBay, Rivian Automotive, Robinhood, Dow industrials, Nasdaq, Treasury, Nikkei, Hang, Brent Locations: Saudi Aramco, Europe

☆ Indonesia President Scheduled to Meet U.S. President Biden This Month
▼ + stars: | 2023-11-06 | by ( Nov. | At P.M. | ) www.usnews.com time to read: 1 min

JAKARTA (Reuters) - Indonesia's President Joko Widodo is scheduled to meet U.S. President Joe Biden this month, "most likely" at the White House, a spokesperson for the Southeast Asian country's foreign ministry said on Tuesday. Jokowi, as the president is known, is scheduled to attend the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco from Nov. 15-17. Earlier on Tuesday, Jokowi, leader of the world's largest secular Muslim-majority country, said Indonesia's support for Palestine would "never waver". Indonesia has joined a chorus of international condemnation of Israel's invasion of Gaza following Hamas' attack on Israel on Oct. 7, and has called for an immediate ceasefire. (Reporting by Stanley Widianto; Writing by Kanupriya Kapoor; Editing by Christian Schmollinger)

Persons: Joko Widodo, Joe Biden, Jokowi, Stanley Widianto, Kanupriya Kapoor, Christian Schmollinger Organizations: U.S, White, Economic Cooperation, Palestine Locations: JAKARTA, Asia, San Francisco, Indonesia, Gaza, Israel

☆ Asian stocks waver, yen wobbles as BOJ takes centre stage
▼ + stars: | 2023-10-31 | by ( Ankur Banerjee | ) www.reuters.com time to read: +4 min

Passersby walk past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan October 4, 2023. On Tuesday, the 10-year JGB yield jumped 6.5 basis points to 0.955%, its highest since May. "Markets seem to assume that the ceiling will be lifted by another 50 basis points, but I think the possibility of another doubling (i.e. The dollar index , which measures U.S. currency against six rivals, rose 0.104%. The yield on 10-year Treasury notes was up 1.1 basis points to 4.888%, while the yield on the 30-year Treasury bond was up 0.7 basis points to 5.042%.

Persons: Issei Kato, Nicholas Chia, Chia, Sterling, Hong, HSI, Jerome Powell, Gary Dugan, Brent, Ankur Banerjee, Lincoln Organizations: U.S, REUTERS, Rights, Bank of, Nikkei, Standard Chartered, Japan's Nikkei, U.S . Federal Reserve, Bank of England, BOJ, Federal Open Markets, Dalma, Federal Reserve, Treasury Department, Thomson Locations: Tokyo, Japan, Rights SINGAPORE, Asia, Pacific, Shanghai, U.S, Singapore

The Oval Office sit-down comes at a moment when domestic U.S. political chaos could further destabilize an increasingly chaotic world. One day ahead of his meeting with Biden, European Council President Charles Michel expressed optimism that Biden can deliver on his promises to help arm and financially support Ukraine. But some House Republicans have questioned the value of aid to Ukraine at the levels sought by Biden. Republican lawmakers have failed to find a successor, leading to concerns that Biden's commitments with the EU could be in jeopardy. We put all that at risk if we walk away from Ukraine, if we turn our backs on Israel."

Persons: —, Joe Biden, Biden's, Biden, Charles Michel, “ I’m, Joe Biden’s, ” Michel, “, Michel, Ursula von der Leyen, Joe, ”, Donald Trump's, Federico Steinberg, ” Steinberg, Von der Leyen, von der Leyen, ” von der Leyen, ” Biden, There’s, Kevin McCarthy, Raf Casert Organizations: WASHINGTON, European Union, The, EU, European, Hamas, Israel, Center for Strategic, International Studies, U.S, World Trade Organization, Hudson Institute, Russia, Associated Press, Republicans, GOP, Republican Locations: United States, Ukraine, Israel, Russia, U.S, China, EU, Europe, Washington, Kyiv, “, Mexico, Taiwan, Brussels

☆ Poland’s goodwill toward Ukraine is eroding. The far right is taking advantage
▼ + stars: | 2023-10-13 | by ( Rob Picheta | ) edition.cnn.com time to read: +15 min

The group is capturing voters from the ruling populist party, forcing a hardening in the government's tone towards Ukraine. Anna Martynenko fled to Poland with her sons, in the first weeks of the war in Ukraine. “In our relationship, between Poland and Ukraine, there were many things that were not solved – for years,” he adds, with some weariness. But whoever enters power next week, displaced Ukrainian Martynenko believes – and hopes – that Poland’s support will not waver further. When Poles welcomed her last spring after she fled Ukraine, “I knew that everything is OK,” she said.

Persons: they’re, Poland’s, “, I’m, ”, Przemysław Chinek, –, Rob Picheta, Zelensky, Mateusz, Tomasz Piotr, Katarzyna, Anna Martynenko, Gianmarco Ercolani, Pew, Dan Kitwood, Sławomir Mentzen, TikTok, Martynenko, Filip Gajos, Mentzen, ” Chinek, “ Everybody, Dariusz Stola, ” Stola, “ There’s, Simon Oshinski, Volodymyr Zelensky, Rob Picheta “, Adam Zaleski’s, we’re, Adam Zaleski, Slovakia –, ” Zaleski, Zaleski, Justyna –, Rob Picheta Zaleski Organizations: Poland CNN, European Union, CNN, Confederation, Law, Justice, Ukraine, NATO, Pew Research Center, Twitter, “, ”, Polish Academy of Sciences, EU, United Nations General Assembly, PiS Locations: Lublin, Kostrogaj, Poland, wardrobes, European, Lublin’s, Russia, Ukraine, “, Ukraine’s, Moscow, Kyiv, Warsaw, Lodz, “ Ukraine, Soviet Union, Volhynia, Poland’s, Europe, Hungary, Slovakia, Ukrainian

☆ Sweden announces more military aid to Ukraine but no fighter jets for the moment
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

STOCKHOLM, Oct 6 (Reuters) - Sweden will send Ukraine a new military support package, worth 2.2 billion crowns ($199 million) and consisting mainly of artillery ammunition, Defence Minister Pal Jonson said on Friday. Jonson told a news conference the government had also formally tasked the armed forces with looking into whether Sweden would be able to send Jas Gripen fighter jets to Ukraine. He however also reiterated that Sweden would for domestic security reasons need to become member of NATO before it would be able to potentially spare any fighter jets. Sweden hopes to join the NATO defence alliance during the fall after its accession has been held up by member states Turkey and Hungary. The new military aid package will be Sweden's 14th to Ukraine since Russia's invasion, taking the total value of the Nordic country's such aid to just over 22 billion crowns.

Persons: Pal Jonson, Jonson, Jas, Palson, Emmanuel Macron, Olaf Scholz, Rishi Sunak, Volodymyr Zelenskiy, Anna Ringstrom, Louise Breusch Rasmussen, Essi Lehto, Philippa Fletcher Organizations: Jas Gripen, NATO, British, Thomson Locations: STOCKHOLM, Sweden, Ukraine, Turkey, Hungary, Granada, Europe, United States, Russia, U.S, Copenhagen

☆ Sweden pledges more military aid to Ukraine, considers fighter jets
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

Swedish Defence Minister Pal Jonson walks to pose for a family photo with other attendees during the informal EU ministerial meeting on defence in Toledo, Spain August 30, 2023. REUTERS/Isabel Infantes/File photo Acquire Licensing RightsSTOCKHOLM, Oct 6 (Reuters) - Sweden will send Ukraine a new military support package worth 2.2 billion crowns ($199 million) - consisting mainly of artillery ammunition - and is looking into sending fighter jets, Defence Minister Pal Jonson said. But he reiterated that Sweden would for domestic security reasons need to become member of NATO before it would be able to potentially spare any fighter jets. The new military aid package will be Sweden's 14th to Ukraine since Russia's invasion, taking the total value of the Nordic country's such aid to just over 22 billion crowns. "It is now important that more countries step up to support Ukraine."

Persons: Pal Jonson, Isabel Infantes, Jonson, Jas, Volodymyr Zelenskiy, Anna Ringstrom, Louise Breusch Rasmussen, Essi Lehto, Philippa Fletcher Organizations: Swedish, REUTERS, Rights, NATO, Thomson Locations: Toledo, Spain, Rights STOCKHOLM, Sweden, Ukraine, Turkey, Hungary, Granada, Russia, Europe, U.S, Copenhagen

☆ Opinion: The strange story of how I became a character in a North Korean novel
▼ + stars: | 2023-10-05 | by ( Opinion Mike Chinoy | ) edition.cnn.com time to read: +13 min

She is preparing to make a reporting trip to North Korea in 2009 and is wrestling with conflicting emotions. In fact, this character named “Michael Chinoy” is me — making me one of a very small number of real-life Americans who appear with a speaking part in any North Korean novels. I also met the late North Korean leader Kim Il Sung, grandfather of current dictator Kim Jong Un, three times. Former CNN International Editor Eason Jordan stands behind North Korean leader Kim Il Sung and US President Jimmy Carter in Pyongyang in 1994. Although published more than a quarter century ago, “Eternal Life” only became available on North Korea websites in the past decade.

Persons: Mike Chinoy, Kim Ryong Yon, Byun Sa, hwang, Mike Chinoy Mike Chinoy, “ Michael Chinoy ”, Meredith Shaw, Shaw, “, “ Michael Chinoy, “ Michael, Kim Il Sung, Kim Jong Un, Kim Jong Il, Mitch Farkas, Billy Graham, Ruth, Graham, Eason Jordan, Sun Myung, Moon, Kim Il, Kim, ”, Eason, Jimmy Carter, Jordan, Jimmy Carter’s, Carter, Clinton, Song Sang Won, Baek Bo Heum, Ah, “ I’ve, “ Mr, ” Jordan, “ Thunderclap, Paek Bo Hum, Sang, Will Ripley, Byun, hyang, Michael Chinoy, — it’s Organizations: University of Southern, China Institute, CNN, American Journalists, North Korean Writers ’ Union, Korean American CNN, University of Tokyo Institute of Social Science, DPRK, North, Leader, CNN International, Unification, North Koreans, Former CNN International Locations: University of Southern California’s US, Beijing, Asia, China, People’s Republic, Korean American, North Korea, Korea, American, North, Korean, “, insignificance, Russia, Pyongyang, North Koreans, Let’s, gaslighting

☆ Putin will not 'make concessions' as Russia appears to be preparing for 'multiple further years' of war in Ukraine, international affairs expert says
▼ + stars: | 2023-10-03 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

This suggests that Moscow is preparing for the war in Ukraine to carry on for years. Observers believe that Russia is hoping Western support for Ukraine will wane. She said that the Russian president was "waiting it out" in the hope that Western support of Ukraine would waver. He has also been unclear about how much he would support Ukraine. "If Trump is reelected, Putin has reason to believe that he could strike a much better deal on Ukraine."

Persons: —, Sergei Shoigu, Shoigu, Nina Khrushcheva, Putin, He's, he's, Donald Trump, Trump, Michael McFaul, Barack Obama, Vladimir Putin Organizations: intel, Observers, Service, UK Ministry of Defence, Russia's Finance Ministry, Ministry of Defence, Russian Defence, Armed Forces, International Affairs, The New School, BBC, Republican Locations: Russia, Moscow, Ukraine, New York City

The forecasts seem at odds as higher rates raise the credit costs that can crimp the economy. MSCI's U.S.-centric gauge of global equity performance and stocks on Wall Street bounced back while Treasury yields, which move inversely to price, retreated. Yields on two- and 10-year notes remained inverted at -68.3 basis points as the shorter-dated note yields more than the longer one. MSCI's all-world country index for stocks (.MIWD00000PUS) gained 0.14%, but the pan-European STOXX 600 index (.STOXX) closed down 0.31%. Oil prices rose as renewed global supply concerns from Russia's fuel export ban countered demand fears driven by macroeconomic headwinds and higher interest rates.

Persons: Brendan McDermid, Marvin Loh, Joe LaVorgna, SMBC, Brent, Craig Ebert, Huw Jones, Tom Westbrook, Marguerita Choy, Rashmi Aich, Aurora Ellis Organizations: New York Stock Exchange, REUTERS, Bank, Japan, Treasury, Federal, Fed, U.S, SMBC Nikko Securities America, Dow Jones, Nasdaq, Bank of, Japan's Nikkei, Investors, Bank of England, Swiss, Swiss National Bank, JPMorgan, Thomson Locations: New York City, U.S, Boston, New York, Asia, Japan, China, Sweden, Norway, BNZ, Wellington

☆ Sen. Bob Menendez's Democratic allies are silent for now on his latest indictment
▼ + stars: | 2023-09-22 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Fellow Democrats have yet to come to Sen. Bob Menendez's side in the wake of a stunning indictment. Months before the 2015 indictment, Booker had deemed himself "the Robin to his Batman." Stories about his 2015 indictment feature accounts of a IStandwithBob.com and an accompanying Twitter account that reposted signs of support. At the time of the 2015 indictment, Schumer's predecessor as top Senate Democrat, Sen. Harry Reid, encouraged people to let Menendez have his day in court. Menendez's 2015 indictment ended in a mistrial and he was easily reelected that same year.

Persons: Sen, Bob Menendez's, Menendez, Democratic Sen, Bob Menendez, Matt Friedman, Friedman, Cory Booker, Booker, Robin, It's, Nadine, Phil Murphy hasn't, Chuck Schumer, Schumer's, Harry Reid, Rob Menendez, White, Karine Jean, Pierre, he's, Chris Christie, Obama, Ben Rhodes Organizations: Service, Democratic, New, New Jersey Democrats, NJ, Twitter, New Jersey Gov, Democrat, Senate Foreign Relations, Republican, Monmouth University Locations: Wall, Silicon, Egypt, New Jersey, Garden, Washington, Iran, Cuba

☆ Stocks waver, short-end U.S. yields rise after hawkish Fed statement
▼ + stars: | 2023-09-20 | by ( Herbert Lash | ) www.reuters.com time to read: +5 min

"They're talking about higher rates for longer, but it's really the economy that matters. MSCI's U.S.-centric gauge of stocks across the globe (.MIWD00000PUS) fell 0.25% as stocks on Wall Street mostly slid. "Right now the message is we're going to leave rates higher for longer to make sure we slay the inflation dragon. Sterling came under pressure after data showed Britain's high inflation rate fell unexpectedly in August, prompting speculation that the Bank of England could pause its historic run of interest rate hikes as soon as Thursday. The dollar index rose 0.076%, with the euro down 0.02% to $1.0675.

Persons: Brendan McDermid, Jerome Powell, Powell, Gennadiy Goldberg, it's, Anthony Saglimbene, Sterling, Brent, Herbert Lash, Dhara Ranasinghe, Samuel Indyk, Tom Westbrook, Toby Chopra, Chizu Nomiyama, Sharon Singleton, Aurora Ellis Organizations: New York Stock Exchange, REUTERS, Global, Federal Reserve, Market, Fed, TD Securities, Dow Jones, Nasdaq, Japan's Nikkei, Bank of England, Bank of, U.S, West Texas, Thomson Locations: New York City, U.S, New York, MSCI's U.S, Troy , Michigan, Europe, Asia, Pacific, Japan, Sweden, Switzerland, Norway, Britain, London, Singapore

Ford UK Chair Lisa Brankin was scathing: "Our business needs three things from the UK government: ambition, commitment and consistency. Britain was the first major economy to create a legally binding 2050 net zero target and emissions have fallen almost 50% since 1990 as coal power plants closed and offshore wind power took off. The government's own independent adviser on climate action said in June that Britain was not doing enough to hit its mid-century target. Ford said it had spent 430 million pounds ($532 million) on its UK development and manufacturing facilities, with "further funding planned for the 2030 timeframe". His party has trailed the opposition Labour Party in polls for over a year.

Persons: Suella Braverman, Andy Bailey, Handout, Rishi Sunak, Lisa Brankin, Sunak, We're, Ford, Chris Skidmore, Kate Holton, Elizabeth Piper, William James, Susanna Twidale, Muvija, Nick Carey, Sachin Ravikumar, Gareth Jones, Kirsten Donovan Organizations: Economic, REUTERS, Sunak's Conservative Party, Ford, Conservative, BET, Times Radio, European Union, BMW, Volkswagen, Labour Party, Thomson Locations: London, Britain, Sunak

TUSCALOOSA, Ala. (AP) — The hype is coming for the Texas Longhorns like it hasn’t in years. That's what happens when you knock off Alabama on the road and get your first win over a top-five team in 15 years. “Game over with,” Longhorns receiver Xavier Worthy said, after it had been over with for an hour or so. In essence, Texas bullied an Alabama team that’s been doing that to opponents throughout coach Nick Saban’s tenure. “I think there’s a lot of people out there that based on the games we’ve had in the past or the seasons we’ve had in the past, some people try not to believe the hype,” Brooks said.

Persons: It’s, Xavier Worthy, Steve Sarkisian's, ” Sarkisian, “ We've, Adonai Mitchell, Quinn Ewers, we’ve, Jonathon Brooks, We’ve, Jalen, that’s, Nick Saban’s, “ It’s, ” Ewers, “ We’ve, ”, Denny, “ I’ve, “, Nick Saban, I’ll, Brooks, ” Brooks Organizations: Texas Longhorns, Alabama, Longhorns, “, ” Longhorns, AP, Big, Southeastern Conference, Georgia, Bryant, Saban Locations: TUSCALOOSA, Ala, Wyoming, Texas, Oklahoma, Ewers, Alabama, that’s, Southern California, ” Texas

☆ Walmart changes starting pay structure for entry-level store workers
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Kamil Krzaczynski Acquire Licensing RightsCompanies Walmart Inc FollowSept 7 (Reuters) - Walmart (WMT.N) is changing the hourly starting wage structure for entry-level store workers, as companies seek to reduce costs in a slowing job market. Deli, auto center and bakery workers will continue to receive higher starting wages as they are higher-skilled roles, she added. The Wall Street Journal, which was the first to report the wage structure changes that went into effect in mid-July, said the changes mean paying some new store workers less than it would have three months ago, citing documents seen by the Journal and store workers. Walmart pays its employees different starting wages based on where the store is based. The new wage structure will not change Walmart's minimum hourly wage of $14 or result in any pay cuts for existing employees, the spokesperson said.

Persons: Kamil Krzaczynski, Anne Hatfield, Hatfield, Walmart's, Ananya Mariam Rajesh, Siddharth Cavale, Maju Samuel, Frances Kerry Organizations: REUTERS, Walmart, Street, Journal, Midwest, Reuters, Thomson Locations: Chicago , Illinois, U.S, United States, Bengaluru, New York

Last month, Biden asked Congress to approve $40 billion in additional spending, including $24 billion for Ukraine and other international needs and $16 billion in disaster relief, testing the country's willingness to keep supporting Ukraine during its counteroffensive against Russian invaders. The Republican-majority House is divided, with many Republicans backing the aid but some of the party's farthest-right members calling for an end to the Ukraine assistance. Citing Republican sources, CNN and other news outlets reported that House Speaker Kevin McCarthy is considering legislation including the disaster aid but leaving out the Ukraine funding. The White House issued a statement urging McCarthy to back the supplemental spending request and contrasting him with Senate Republicans. "Like Senate Republicans, Speaker McCarthy should keep his word about government funding," White House spokesperson Andrew Bates said in a statement.

Persons: Julia Nikhinson, Joe Biden's, Biden, Kevin McCarthy, Putin, Chuck Schumer, Vladimir, Mitch McConnell, Antony Blinken, Jake Sullivan, McCarthy, Andrew Bates, Patricia Zengerle, Jeff Mason, Phil Stewart, Idrees Ali, Don Durfee, David Gregorio Our Organizations: U.S . Capitol Police, REUTERS, Rights, U.S, Congress, Ukraine, Republican, Republicans, CNN, Democratic, ., National, White, Thomson Locations: Washington , U.S, Ukraine, U.S, Kyiv

☆ China's richest people are leaning hard into quiet luxury, wielding stealth wealth like a weapon and scorning their flashy, label-chasing peers
▼ + stars: | 2023-08-26 | by ( Mary Hanbury | Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +12 min

And rich Chinese people are leaning in, ditching "logo hunting" in favor of elegance, experts say. In a similar vein to the US and Europe – the "quiet luxury" aesthetic has emerged as a reaction to the economic climate. Chinese social media's got quiet luxury down to a sciencePeople have posted tutorials and photos on the “laoqian” style on China’s Pinterest-like site, Xiaohongshu. XiaohongshuTo be sure, there's being rich and looking rich, and the latter is where it's at on Chinese social media. WeiboSome influencers have also uploaded video tutorials on the "laoqian" style, to guide people on how best to dress for success.

Persons: that's, Dior, Gucci, Louis, Rich, Tom Wambsgan, Chukrut, you've, Javier Gonzalez Lastra, it's, Xi Jinping's, Milton Pedraza, Pedraza, media's, you'll, Richemont, Louis Vuittons, Thomaï Serdari, Joe, they're Organizations: Service, Bain, Co's, Burberry, Louis Vuitton, Getty, West, Ivy League, China Morning Post, Crazy, Luxury Institute, Twitter, NYU's Stern School of Business Locations: China, Wall, Silicon, America, bucketloads, Shanghai, Europe, Tema, Nanjing, Nikada, Beijing, Weibo

☆ Store Owner Is Fatally Shot by Man Who Confronted Her About Pride Flag
▼ + stars: | 2023-08-20 | by ( Orlando Mayorquin | More About Orlando Mayorquin | ) www.nytimes.com time to read: 1 min

Every time someone ripped down the rainbow Pride flag from the Mag.Pi clothing store in the San Bernardino mountains in California, the store’s owner, Laura Ann Carleton, responded by putting up a bigger one. Around 5 p.m. on Friday, she was fatally shot by a man who made disparaging remarks about the shop’s Pride flag, the authorities said. The man, whose identity has not been released, fled the scene on foot. Deputies found him with a handgun, and he was killed in an encounter with law enforcement, the San Bernardino County Sheriff’s Department said in a statement. The department said that “detectives learned the suspect made several disparaging remarks about a rainbow flag that stood outside the store before shooting Carleton.”

Persons: Laura Ann Carleton, Carleton, ” Organizations: San, San Bernardino County Sheriff’s Department Locations: San Bernardino, California, San Bernardino County

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