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☆ James Lewis: Man convicted of extortion following Tylenol deaths has died
▼ + stars: | 2023-07-10 | by ( Chris Boyette | ) edition.cnn.com time to read: +1 min

CNN —James Lewis, who was convicted of extortion for promising to stop the 1982 Tylenol poisonings for $1 million – but denied he was behind the seven deaths, has been found dead, police said Monday. The Massachusetts man served time for sending Johnson & Johnson a letter in 1982 vowing he’d stop the killings that set off panic. The unsolved Chicago-area deaths occurred after the over-the-counter Extra-Strength Tylenol capsules were laced with potassium cyanide. Johnson & Johnson, parent of the drug maker, McNeil, was credited for its aggressiveness in recalling the product and its openness in dealing with the killings, and the product quickly bounced back in sales. No one has been charged in the deaths, but Lewis was under periodic police attention.

Persons: James Lewis, Johnson, he’d, McNeil, Lewis, he’s Organizations: CNN, The Chicago Tribune, FBI, Investigators Locations: Massachusetts, Cambridge, Chicago, Boston

☆ U.S. calls Pan Gongsheng China's c.bank 'head', suggesting unannounced promotion
▼ + stars: | 2023-07-09 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

Treasury Secretary Janet Yellen referred to PBOC Deputy Governor Pan Gongsheng, whom she meet during a series of meetings with top Chinese officials, as the head of the central bank during a press conference ending her visit to Beijing on Sunday. The Treasury Department was already referring to Pan as central bank head after Yellen met him on Friday. Pan, 60, has been deputy governor since 2012 and is China's top foreign exchange regulator. Governor Yi has been widely expected to retire since being left off the ruling Communist Party's Central Committee during the party's once-in-five-years congress in October. Reporting by Andrea Shalal in Beijing; Additional reporting by Reuters Beijing newsroom; Writing by John Geddie; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Janet Yellen, Pan Gongsheng, Yi, Yellen, Premier Li Qiang, Pan, Andrea Shalal, John Geddie, William Mallard Organizations: United, People's Bank of China, Sunday, Communist Party, Pan, Treasury, Premier, Information Office, Cambridge, Harvard, Communist Party's, Reuters, Thomson Locations: BEIJING, United States, Chinese, Beijing, China's, China, Reuters Beijing

☆ Elon Musk is the gift that keeps on giving to Mark Zuckerberg
▼ + stars: | 2023-07-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +8 min

New York CNN —At the start of last year, Meta CEO Mark Zuckerberg was in the hot seat. But then, the attention of lawmakers, media and the tech world writ large abruptly shifted to another tech billionaire: Elon Musk. While Twitter users have lamented what Musk’s ownership has meant for the platform, it may be the best thing that could have happened for Zuckerberg. A billion-user opportunityThe distraction and chaos of Musk’s Twitter takeover could hardly have come at a better time for Zuckerberg and Meta. The Twitter-Threads battle has raised the stakes for another fight: a cage fight that Musk and Zuckerberg have spent the past several weeks planning.

Persons: Mark Zuckerberg, Elon, Twitter, Musk, Zuckerberg, “, ”, Herbert Hovenkamp, —, he’s, Meta, Musk’s, “ Elon, Meta —, Donald Trump, Instagram, Adam Mosseri, Zuckerberg’s Organizations: New, New York CNN, Facebook, Apple, Meta, Twitter, University of Pennsylvania’s Carey Law School, Instagram, SpaceX, YouTube Locations: New York, Cambridge

☆ Medicare will pay for Alzheimer's drug Leqembi. What patients and doctors should know
▼ + stars: | 2023-07-08 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

The Alzheimer's drug Leqembi is seen in this undated handout image obtained by Reuters on January 20, 2023. Medicare has agreed to pay for the Alzheimer's treatment Leqembi, a major turning point for patients who are diagnosed with the early stages of the disease. Medicare coverage is crucial for most patients to have any hope of being able to afford Leqembi. Eisai has priced Leqembi at $26,500 per year before insurance coverage, which is extraordinarily expensive for Medicare patients, who have a median income of about $30,000. Patients with traditional Medicare will pay 20% of the bill for Leqembi, according to the federal Centers for Medicare and Medicaid Services.

Persons: Leqembi, Biogen, Tricia Neuman, Neuman Organizations: Reuters, Medicare, Food and Drug Administration, Services Locations: Cambridge , Massachusetts

☆ Rapidly retreating Arctic glaciers are triggering the release of ancient methane. Here's why scientists are worried.
▼ + stars: | 2023-07-07 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

The springs were exposed by retreating glaciers in Svalbard, a Norwegian archipelago in the Arctic Ocean. Scientists think the methane in the Svalbard springs comes from somewhere else. The researchers estimate springs across the archipelago alone could represent about 2,000 tonnes of methane emissions a year. Scientists have found springs full of methane bubbling near retreating glaciers in Svalbard. Kleber suspects these methane emissions are only one of several "invisible feedback loops that we're just not aware of."

Persons: —, hasn't, Gabrielle Kleber, Kleber, Andy Hodson, ", Rick Spinrad Organizations: Service, University of Cambridge, Nature Geoscience, International Energy Agency, NOAA Locations: Svalbard, Norwegian, Alaska, Norway

☆ The popularity of AI could spark 'reasonable' fears that schools may employ fewer teachers, or possibly none at all, expert says
▼ + stars: | 2023-07-07 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Tools like ChatGPT could raise fears about fewer teachers being used in schools, per an AI expert. Stuart Russell spoke to The Guardian about how traditional teaching roles could change. The education sector has been having a difficult time adapting to new AI tech. Speaking to The Guardian, AI expert Stuart Russell said the rising use of the technology could spark "reasonable" fears among those working in the education sector that fewer teachers, or possibly none at all, could be employed by schools. He added that he thought humans would still play a role but it could differ from traditional teaching duties.

Persons: Stuart Russell, Russell Organizations: Guardian, University of California, Good Global Summit, Oxford, Russell Group Locations: Berkeley, Geneva, Cambridge

☆ These are the 3 biggest fears about AI — and here's how worried you should be about them
▼ + stars: | 2023-07-07 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Some AI experts say we're barreling headfirst toward the destruction of humanity. Current AI systems are not sentient but they are created to be humanlike. "We need to look at the lack of purpose that people would feel at the loss of jobs en masse," he told Insider. AI biasIf AI systems are used to help make wider societal decisions, systematic bias can become a serious risk, experts told Insider. There have already been several examples of bias in generative AI systems, including early versions of ChatGPT.

Persons: Sam Altman, OpenAI, we're, David Krueger, it's, I'm, Alan Turing, Janis Wong, Aaron Mok, Krueger, Abhishek Gupta, Arvind Krishna, Gupta, Wong Organizations: Center, AI Safety, Cambridge University, Montreal AI, IBM Locations: Montreal

Hong Kong CNN —US drugmaker Moderna has signed a deal to make mRNA medicines in China as part of its first major investment in the country, despite escalating trade and political tension between Washington and Beijing. The company currently only markets its mRNA vaccines for Covid-19, but has a number of vaccines and therapeutics in its pipeline. Those focus on addressing infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases and autoimmune diseases, according to the company. Moderna’s Covid-19 vaccine, which received emergency authorization from US regulators in 2020 and full approval in 2022, has not been approved in China. For most of the pandemic, China relied on more traditional platforms for its homegrown Covid-19 vaccines.

Persons: Yicai, Janet Yellen, Biden, Moderna’s, Johnson Organizations: Hong Kong CNN, CNN, Xinhua, CSPC Pharmaceutical Group, Pfizer Locations: Hong Kong, China, Washington, Beijing, The Cambridge , Massachusetts, Shanghai’s Minhang, Shijiazhuang

☆ Mark Zuckerberg has been accused of hypocrisy by some on social media after hiding his daughters' faces with emojis in a July 4 Instagram post
▼ + stars: | 2023-07-06 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Mark Zuckerberg shared a family photo with his daughters' faces hidden by emojis. Meta CEO Mark Zuckerberg provoked accusations of hypocrisy from users on his platforms by censoring his childrens' faces in a family photo. It is a common practice among parents to obscure the faces of their children in social media posts for privacy reasons. On Instagram, one user got 2,800 likes commenting under Zuckerberg's post: "Even Zuck doesn't trust his platforms to put his kids faces up." Much of the ire focused on accusing Zuckerberg of hypocrisy, since Meta has been embroiled in controversies relating to its users' data.

Persons: Mark Zuckerberg, Zuckerberg, Priscilla Chan, Maxima, August Chan Zuckerberg, Aurelia —, Meta Organizations: Morning, Facebook, Meta, Cambridge, European Union Locations: America

☆ After Affirmative Action, End Legacy Preferences
▼ + stars: | 2023-07-05 | by ( William A. Galston | ) www.wsj.com time to read: +1 min

William A. Galston writes the weekly Politics & Ideas column in the Wall Street Journal. He holds the Ezra K. Zilkha Chair in the Brookings Institution’s Governance Studies Program, where he serves as a senior fellow. A participant in six presidential campaigns, he served from 1993 to 1995 as Deputy Assistant to President Clinton for Domestic Policy. Mr. Galston is the author of 10 books and more than 100 articles in the fields of political theory, public policy, and American politics. A winner of the American Political Science Association’s Hubert H. Humphrey Award, he was elected a Fellow of the American Academy of Arts and Sciences in 2004.

Persons: William A, Galston, Ezra K, Saul Stern, Dean, Clinton, Association’s Hubert H, Humphrey Organizations: Street, Zilkha, Brookings Institution’s, Brookings, School of Public Policy, University of Maryland, Institute for Philosophy, Center for Information, Research, Civic, National Commission, Domestic, Liberal Pluralism, Public, Rowman & Littlefield, Liberal Democracy, Yale, American, American Academy of Arts and Sciences Locations: Brookings

☆ Factbox: Potential candidates as next chief of Australia's central bank
▼ + stars: | 2023-07-05 | by ( Wayne Cole | ) www.reuters.com time to read: +2 min

SYDNEY, July 5 (Reuters) - The Australian government will announce this month whether it would reappoint Reserve Bank of Australia (RBA) Governor Philip Lowe or replace him. * Michele Bullock, 60, became the first female Deputy Governor of the RBA when she was appointed in the role in April 2022. She studied economics at the University of New England and a masters from the London School of Economics. He studied economics at Sydney University, and completed a PhD in health economics at the Australian National University. He has PhD degrees in physiology from Cambridge University and in economics from the Australian National University.

Persons: Philip Lowe, Michele Bullock, Bullock, RBA, Steven Kennedy, Kennedy, Kevin Rudd, Julia Gillard, Jenny Wilkinson, David Gruen, Wilkinson, Gruen, Martin Parkinson, Guy Debelle, Fortescue, Australia's, Debelle, Andrew, Carolyn Wilkins, Shri Navaratnam Organizations: SYDNEY, Australian, Reserve Bank of Australia, University of New, London School of Economics, Treasury, Labor, Sydney University, Australian National University, government's Department of Finance, Parliamentary, ANU, Princeton, Australian Bureau of Statistics, Cambridge University, Macquarie University, Department of Prime, Adelaide University, Fortescue Future Industries, University of Adelaide, MIT, Bank of Canada, Thomson Locations: University of New England

☆ After a shaky start, some colleges are telling staff and students to capitalize on AI — as long as they don't use it to cheat
▼ + stars: | 2023-07-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

A group of UK colleges has issued guidance allowing students and staff to capitalize on AI. A group of UK colleges has agreed to a set of principles that will allow students and staff to capitalize on generative AI — as long as they use it ethically. The principles outlined a commitment to support students and staff to become "AI-literate." The guidance said staff should be able to support students' use of generative AI tools and adapt their teaching and assessment methods to allow for ethical use of the tech. University staff also need support as they look at how AI can be used to enhance their teaching and help bring subjects to life."

Persons: ChatGPT, Tim Bradshaw Organizations: Russell Group, Morning, Oxford, Cambridge, University

☆ Music containing AI-generated elements could win a Grammy as long as a human contributes in 'a meaningful way,' Recording Academy CEO says
▼ + stars: | 2023-07-04 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Music containing AI-generated elements is eligible to win a Grammy, the Recording Academy CEO said. While the award will only be given to "human creators," those artists can use AI in their work. In order to win a Grammy, you need a great song, excellent distribution — and a pulse. "Music that contains AI-created elements is absolutely eligible for entry and for consideration for Grammy nomination. "What's not going to happen is we are not going to give a Grammy or Grammy nomination to the AI portion."

Persons: Harvey Mason Jr, Mason, What's Organizations: Recording Academy, Associated Press, Oxford, Cambridge

☆ China's choice of PBOC party chief signals financial stability worries
▼ + stars: | 2023-07-04 | by ( Kevin Yao | ) www.reuters.com time to read: +5 min

The central bank did not immediately respond to Reuters' request for comment. Pan, central bank deputy governor since 2012 who turns 60 this month, is not expected to deviate from China's measured pace of policy easing to support the recovery, analysts said. "His professional ability will help safeguard the bottom line of systemic financial risks, especially as the property sector is slowing, and fend off a big systemic crisis." In an unexpected move, the ruling Communist Party appointed Pan as the central bank's party secretary on Saturday, taking over from Guo Shuqing. China has taken a series of steps this year to tighten party control over the country's vast, but largely closed, financial system, including plans to set up the Central Financial Commission to oversee the PBOC and other financial regulators.

Persons: Gongsheng, Jason Lee, Pan, Yi Gang, Gu Tianyong, Guo Shuqing, Yi, Yi's, Zhou Xiaochuan, Zhou, Xu Hongcai, Marius Zaharia, Jacqueline Wong Organizations: People's Bank of China, National People's Congress, REUTERS, outflows, Reuters, cryptocurrencies, prudential, Central University of Finance, Economics, Communist Party, Pan, Street, Cambridge University, Harvard University, Central Financial Commission, China Association of Policy, Thomson Locations: Beijing, China, BEIJING

Harvard Admit rate: 4% 10k students Duke University Admit rate: 6% 7k students Amherst College Admit rate: 9% 2k students Carnegie Mellon University Admit rate: 14% 7k students University of California, Berkeley Admit rate: 14% 30k students Boston University Admit rate: 19% 20k students University of North Carolina, Chapel Hill Admit rate: 20% 20k students University of Texas, Austin Admit rate: 29% 40k students University of Florida Admit rate: 30% 30k students Bucknell University Admit rate: 35% 4k students San Diego State University Admit rate: 38% 30k students Binghamton University Admit rate: 44% 10k students University of California, Davis Admit rate: 49% 30k students Clemson University Admit rate: 49% 20k students Stevens Institute of Technology Admit rate: 53% 4k students University of Washington, Seattle Campus Admit rate: 54% 40k students Brigham Young University Admit rate: 59% 30k students CUNY Queens College Admit rate: 61% 20k students Texas A & M University, College Station Admit rate: 64% 60k students University of Pittsburgh Admit rate: 67% 20k students Texas Tech University Admit rate: 68% 30k students Ball State University Admit rate: 68% 10k students Rutgers University, New Brunswick Admit rate: 68% 40k students Purdue University Admit rate: 69% 40k students Louisiana State University Admit rate: 71% 30k students University of Delaware Admit rate: 72% 20k students University of Central Missouri Admit rate: 76% 8k students Mississippi State University Admit rate: 76% 20k students University of Wisconsin, Eau Claire Admit rate: 78% 10k students University of Alabama Admit rate: 79% 30k students University of North Carolina, Charlotte Admit rate: 79% 20k students University of Colorado Boulder Admit rate: 80% 30k students Drexel University Admit rate: 83% 10k students University of Arkansas Admit rate: 83% 20k students University of Cincinnati Admit rate: 85% 30k students University of Texas, Dallas Admit rate: 87% 20k students Suffolk University Admit rate: 88% 4k students Arizona State University Admit rate: 88% 60k students West Chester University of Pennsylvania Admit rate: 89% 10k students Grand Valley State University Admit rate: 92% 20k students University of Kansas Admit rate: 93% 20k students Utah State University Admit rate: 93% 20k students California State University, Sacramento Admit rate: 94% 30k students University of Utah Admit rate: 95% 30k students Kansas State University Admit rate: > 95% 20k students University of Wyoming Admit rate: > 95% 9k students 90% admission rate 80% admission rate 70% admission rate 60% admission rate 50% admission rate 40% admission rate 30% admission rate 20% admission rate 10% admission rate These are America’s major four-year colleges, arranged by their admission rates. Just 6 percent of all college students attend a school with an acceptance rate of 25 percent or less. 56 percent of these college students go to a school that admits at least three-quarters of its applicants. These statistics reveal a simple fact about affirmative action in higher education: It mattered very little for the majority of American college students. But because affirmative action only opened a tiny window of access to America’s most elite institutions, the ruling will make little difference for most college students.

Persons: Richard Arum, Mitchell, Stevens, Quoctrung Bui Mr, Arum, Davis, It’s, Lyndon B Organizations: University of California, Stanford Graduate School of Education, Harvard, Duke University, Amherst College, Carnegie Mellon University, Boston University, University of North, University of Texas, University of Florida, Bucknell University, San Diego State University, Binghamton University, Clemson University, Stevens Institute of Technology, University of Washington, Brigham Young University, CUNY Queens College, Texas, M University, College, University of Pittsburgh, Texas Tech University, Ball State University, Rutgers University, Rutgers University , New, Purdue University, Louisiana State University, University of Delaware, University of Central, Mississippi State University, University of Wisconsin, University of Alabama, University of Colorado Boulder, Drexel University, University of Arkansas, University of Cincinnati, Suffolk University, Arizona State University, West Chester University of Pennsylvania, Valley State University, University of Kansas, Utah State University, California State University, University of Utah, Kansas State University, University of Wyoming, Stanford, Black White, White Black, U.S . Department of Education, Pomona, San, California State University , Los, of California Locations: Irvine, Berkeley, University of North Carolina, Austin, Seattle, Rutgers University ,, Rutgers University , New Brunswick, University of Central Missouri, Eau Claire, Charlotte, Dallas, Sacramento, Cambridge, Palo Alto, America, California, San Francisco State, California State University , Los Angeles

Pan Gongsheng was appointed Saturday as the new Communist Party chief at the People’s Bank of China (PBOC), in a surprise move as Beijing bolsters its drive to arrest the country’s economic slowdown and stem a slide in its currency. Pan currently serves as the deputy governor of the PBOC. “My initial reaction is this suggests Xi [Jinping] is more concerned about China’s economy than before the 20th Party Congress,” Thomas said. Since then, he has spent nearly two decades working at large state-owned banks, including the Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China (ABC). After returning to China, he was promoted to deputy governor at the PBOC in 2012.

Persons: Yi Gang, Pan Gongsheng, Janet Yellen, Pan, Yi, didn’t, Guo Shuqing, Neil Thomas, wasn’t, ” Thomas, Xi, Mao, Thomas, China’s, Biden, ” Organizations: Beijing CNN, Cambridge University, Harvard University, Communist Party, People’s Bank of China, Securities Times, CNN, Ant, Asia Society, Center for, Communist Party’s, Committee, 20th Party Congress, Wall Street Journal, Treasury Department, Renmin University of China, Industrial, Commercial Bank of China, Agricultural Bank of China, ABC, Harvard University’s Kennedy School of Government, State Administration of Foreign Exchange, Beijing, P Global, PMI Locations: Hong Kong, Beijing, China, Shanghai, Center for China, United States, West

☆ Stocks making the biggest moves midday: Tesla, Rivian, XPeng and more
▼ + stars: | 2023-07-03 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Electric vehicles — Electric vehicle makers such as Rivian Automotive surged following Tesla's better-than-expected second-quarter production and delivery numbers. The Chinese electric vehicle maker returned to growth for car deliveries. Tesla — Shares of the the Elon Musk-led electric vehicle company jumped 6% after delivery and production numbers beat analysts' expectations. Chinese internet stocks — China-based technology names rose on Monday. Solar stocks — Solar stocks SolarEdge Technologies and Enphase Energy rose more than 2% and 1%, respectively, on Monday.

Persons: Rivian, XPeng, Tesla, JD.com, Apple —, drugmaker, — CNBC's Michelle Fox, Yun Li Organizations: of Manhattan, Rivian Automotive, Lucid Group, Elon, CSI China, SolarEdge Technologies, Enphase Energy, Semiconductors —, Marvell Technology, Micron Technology, Apple, Apple — Apple, Financial, AstraZeneca —, Cambridge, AstraZeneca Locations: Meatpacking, New York City, U.S, China, England

☆ China plays it safe with new central bank chief
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: +2 min

LONDON, July 3 (Reuters Breakingviews) - The new boss of the People’s Bank of China (PBOC) is probably a relief to those anxiously watching the future of the most meritocratic regulator in the country. The ruling Communist Party on Saturday appointed Pan Gongsheng, who has been deputy governor for the past 11 years, as party secretary – the de facto boss that supervises the institution. The Wall Street Journal said that would be a prelude to Pan becoming governor next, citing unnamed sources. The appointment of Pan, who has since 2015 also run the State Administration of Foreign Exchange (SAFE), is a surprise. It’s unlikely Pan will deviate much from the current monetary policy trajectories, even if he helms both the party secretary and governor roles.

Persons: Pan Gongsheng, –, Pan, Yi Gang, helms, Yawen Chen, ’, George Hay, Pranav Kiran Organizations: Reuters, People’s Bank of China, Communist Party, Saturday, Street Journal, State Administration of Foreign Exchange, Committee, Cambridge, Harvard, Agricultural Bank of China, U.S ., Twitter, KKR, Thomson Locations: United States, Hong Kong, Shanghai, China

☆ China foreign-exchange regulator Pan Gongsheng named central-bank party boss
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +2 min

July 1 (Reuters) - China's ruling Communist Party appointed central bank Deputy Governor Pan Gongsheng as the bank's party secretary on Saturday, a move the Wall Street Journal said would be a prelude to becoming governor. The party's Central Organization Department announced the decision at a meeting on Saturday afternoon, the People's Bank of China (PBOC) said in a statement on its website. The Journal reported hours earlier that Pan would be named to the party post before being appointed by the government to head the PBOC. The central bank said on Friday it would implement prudent monetary policy in a "precise and forceful manner" to support economic growth and employment. The current governor, Yi Gang, has been widely expected to retire since being left off the ruling Communist Party's Central Committee during the party's once-in-five-years congress in October.

Persons: Pan Gongsheng, Pan, Yi, Xi Jinping, Gokul Pisharody, Bharat Govind Gautam, Simon Cameron, Moore, William Mallard Organizations: Communist Party, Wall Street, party's Central Organization Department, People's Bank of China, The, Cambridge University, Harvard University, SAFE, Communist Party's, Thomson Locations: Bengaluru

☆ Boomers are memed for falling for fake news but are better at identifying online misinformation than Gen Zers and millennials, survey finds
▼ + stars: | 2023-06-30 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Baby boomers are better at spotting fake news than Gen Zers and millennials, a survey found. The survey found those who spent more time online were also more likely to fall for fake news. Boomers have always taken the flack for falling for fake news stories, but a survey has found it's younger generations that are more susceptible to online misinformation. It examined how likely people were to be fooled by fake headlines. Although stereotypes about the older generation falling victim to fake news may be dated, they are rooted in fact.

Persons: Gen Zers, flack, TikTok, YouGov Organizations: Boomers, University of Cambridge, Associated Press, NPR, Princeton, New York University, Reuters Institute Locations: Snapchat

☆ The U.S. economy is much more resilient than people are willing to acknowledge: Mohamed El-Erian
▼ + stars: | 2023-06-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. economy is much more resilient than people are willing to acknowledge: Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the Fed's rate hike campaign its impact on the U.S. economy, China's economic recovery, and more.

Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge Locations: U.S

June 29 (Reuters) - The U.S. Supreme Court on Thursday struck down race-conscious admissions policies at Harvard University and the University of North Carolina, a practice called affirmative action employed by a majority of selective schools. Harvard was sued in 2014 by anti-affirmative action group Students for Fair Admissions, which accused Harvard of unlawful discrimination against Asian American applicants in its admissions practices. UNIVERSITY OF NORTH CAROLINAThe University of North Carolina at Chapel Hill is a prestigious public research university. Students for Fair Admissions sued UNC in 2014, alleging that the Chapel Hill campus unlawfully discriminated against white and Asian American applicants. STUDENTS FOR FAIR ADMISSIONSStudents for Fair Admissions is a nonprofit organization founded in 2014 by conservative activist Edward Blum, who has waged a legal war against affirmative action policies.

Persons: Harvard, Edward Blum, EDWARD BLUM, Blum, Abigail Fisher, Gabriella Borter, Will Dunham, Donna Bryson, William Maclean Organizations: U.S, Supreme, Harvard University, University of North, HARVARD UNIVERSITY Harvard University, Ivy League, Harvard, Fair, Asian, Civil, UNIVERSITY, NORTH CAROLINA The University of North, UNC, Fair Admissions, University of Texas, Lawyers, Thomson Locations: University of North Carolina, Cambridge , Massachusetts, U.S, NORTH CAROLINA The University of North Carolina, Constitution's

☆ What the Supreme Court’s decision on affirmative action at colleges means for future applicants
▼ + stars: | 2023-06-29 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Harvard Yard, on the campus of Harvard University in Cambridge, Massachusetts. The ruling is considered a massive blow to decades-old efforts to boost enrollment of minorities at American universities through policies that took into account applicants' race. "Without considering race, there would be a reduction in the number of underrepresented students of color." "This idea, essentially striking down affirmative action, on its surface will result in less diverse classes," said Robert Franek, editor-in-chief of The Princeton Review. "The ruling does allow for students to express, through their essay or otherwise, things about themselves that could include race," Franek also noted.

Persons: Maddie Meyer, Christopher Rim, Cara McClellan, Robert Franek, Kelly Slay, John Roberts, Franek, — Organizations: Harvard, Harvard University in, Getty, Command, University of North, Racial, Civil Justice Clinic, University of Pennsylvania Carey Law School, University of California, Michigan, Urban Institute, The Princeton, Vanderbilt University, Colleges, Finance, SUNY Locations: Harvard University in Cambridge , Massachusetts, University of North Carolina

☆ 'Obama,' 'Trump gets impeached twice' and the other top political references in Fall Out Boy's new cover of the Billy Joel classic 'We Didn't Start the Fire'
▼ + stars: | 2023-06-28 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +9 min

Fall Out Boy's new cover of the 1989 Billy Joel classic covers a lot of the bases the original touch. "Cambridge Analytica" (2018): The British consulting firm had been around for years, but bombshell reporting by The New York Times and The Guardian in 2018 sparked a scandal. Obama went on to defeat Republican presidential nominee John McCain en route to becoming the nation's first Black president. "Trump gets impeached twice" (2021): President Donald Trump became the first president to be impeached twice in the wake of the January 6, 2021 Capitol riot. Video later showed that Rice, who was 12 years old, was killed within two seconds of officers arriving, The New York Times reported.

Persons: Billy Joel, Obama, Trump, —, Billy Joel's, Gamal Abdel Nasser, Dwight D, Eisenhower, It's, Egypitan Hosni Mubarak, Muammar Gaddafi, Rodney King, King, Vladimir Putin, Putin, Viktor Yanukovych, Russia's, Donald Trump's, Alexander Nix, Cambridge Analytica, Osama bin Laden's, Illinois Sen, Barack Obama, New York Sen, Hillary Clinton, John McCain, Donald Trump, acquit Trump, Roberto Schmidt, Timothy McVeigh, Alfred P, Marjorie Taylor Greene, Sandra Bland, Tamir Rice, Bland, Rice, George Floyd, Derek Chauvin, Chauvin, Kerem Yucel, Gore, George W, Bush, Al Gore, Sandra Day O'Connor, Tom Delonge Organizations: Service, Cubs, Israel, NPR, National Guard, Russia, Cambridge, The New York Times, Guardian, London Thomson Reuters, US, New York, Democratic, Affordable, Republican, AFP, Getty, Murrah Federal Building, Georgia Republican, Minneapolis Police, Civil, Hennepin County Government Center, Texas Gov, Electoral College, Washington Post, CNN, Fox News, The Washington Post, New York Times Locations: Suez, Israel, Egypt, United Kingdom, France, British, Tunisia, North Africa, California's, Crimea, Ukraine, Azov, Kerch, Moscow, Russian, London, Afghanistan, Illinois, Iowa, Washington, Oklahoma, Georgia, The, Hennepin County, Minneapolis , Minnesota, AFP, Florida

☆ Bayer claims early lead in Parkinson's stem cell therapy
▼ + stars: | 2023-06-28 | by ( Ludwig Burger | ) www.reuters.com time to read: +3 min

Some of this work is done by Britain's' Cambridge University, South Korea's Bundang CHA Hospital, International Stem Cell Corp's (ISCO.PK) Cyto Therapeutics in Australia, the Chinese Academy of Sciences, Harvard University and Japan's Kyoto University Hospital. For BlueRock's experimental therapy, researchers took induced pluripotent stem cells, which are modified to regain the ability to form any type of specialised tissue, and transformed them into dopamine-producing nerve cells. When surgically implanted into the brain of a person with Parkinson's disease, the therapeutic cells are designed to restore neural networks destroyed by the disease. Initial trial results showed the cells multiplied and started making dopamine, an important brain signalling molecule which is lacking in Parkinson's patients. Parkinson's, for which there is no cure and which affects more than 10 million people worldwide, causes progressive brain damage.

Persons: Wolfgang Rattay, Bayer, BlueRock, Britain's, Jennifer Doudna, Ludwig Burger, Miranda Murray, Mark Potter Organizations: Bayer AG, REUTERS, Bayer, Cambridge University, South Korea's, CHA Hospital, Cyto Therapeutics, Chinese Academy of Sciences, Harvard University, Japan's Kyoto University Hospital, BlueRock Therapeutics, Mammoth Biosciences, Thomson Locations: Leverkusen, Germany, FRANKFURT, Australia, San Francisco Bay

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