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Since then, Unilever has worked to make Elida an autonomous unit that could also appeal in its entirety to private equity firms, the sources added. Morgan Stanley and Evercore have now contacted several parties to gauge acquisition interest in Elida for what could be a multi-billion-dollar deal, according to the sources. Unilever, Morgan Stanley and Evercore declined to comment. This has prompted Unilever, the maker of Dove soap and Ben & Jerry's ice cream, to review its portfolio of non-core assets it can sell to raise cash. Unilever beat underlying sales growth forecasts in the second quarter after raising prices to offset the higher costs.
Persons: Morgan Stanley, Hein Schumacher, Ives, Moussel, Alberto Balsam, Evercore, Abigail Summerville, Richa Naidu, Chizu Organizations: Unilever Plc, Evercore Inc, Unilever, Credit Suisse, Elida, Breyers, Thomson Locations: St, Zwitsal, Elida, Klondike, New York, London
CNN —The Senate voted to confirm the nomination of Gen. C.Q. Brown to be the next chairman of the Joint Chiefs of Staff, following a monthslong hold of over more than 300 military promotions by Republican Sen. Tommy Tuberville of Alabama. On Thursday, the Senate will take votes to confirm the new Army chief of staff and the new Marine Corps commandant. Tuberville has refused to drop his holds, insisting instead that Schumer set up individual votes on each nominee. “The Senate runs on unanimous consent, and we depend on each other to ensure this institution functions smoothly,” Schumer said.
Persons: C.Q . Brown, Republican Sen, Tommy Tuberville, Chuck Schumer, , Tuberville, Schumer, , ” “ It’s, Sen, ” Schumer, Democrats demurred, Virginia Sen, Tim Kaine, we’re, “ We’re, VoteVets, , Roger Wicker of Organizations: CNN, Joint Chiefs of Staff, Republican, Marine Corps, Army, Alabama, Defense Department, , Democrats, VFW, GOP, Armed Services Committee, Pentagon Locations: Alabama, Roger Wicker of Mississippi
New Zealand economy expands faster than expected
  + stars: | 2023-09-20 | by ( Lucy Craymer | ) www.reuters.com   time to read: +3 min
Shoppers walk in front of a retail shop displaying a sale sign in central Wellington, New Zealand, July 3, 2017. Annual growth increased to 1.8%, Statistics New Zealand data showed, above expectations of 1.2%. "It's a victory for the New Zealand economy and for the people who work hard every single day to deliver high quality jobs," Finance Minister Grant Robertson told reporters. The handling of the economy has been a central theme in this year's election with the opposition criticising the government's role in record high inflation and the slowing economy. The Reserve Bank of New Zealand (RBNZ) has been forecasting the economy would slip into recession in the second half of 2023.
Persons: David Gray, Gabrielle, Grant Robertson, Lucy Craymer, Sonali Paul Organizations: REUTERS, Statistics, New Zealand, U.S . Federal, Labour, New, Finance, ASB, Reserve Bank of New Zealand, Thomson Locations: Wellington , New Zealand, WELLINGTON, Statistics New Zealand, Zealand, New Zealand
But the move left hundreds more military promotions in limbo, still stymied by Mr. Tuberville’s objections. Mr. Schumer had been reluctant to force votes on individual nominees for fear of being seen as capitulating to Mr. Tuberville. “The Senate will overwhelmingly vote to confirm them, and these three honorable men will finally be able to assume their positions,” Mr. Schumer said on the Senate floor. “And the abortion policy that Senator Tuberville abhors will remain in place. Senator Tuberville will have accomplished nothing.”
Persons: Tommy Tuberville, Chuck Schumer, Eric Smith, Randy George, Charles Q, Brown Jr, Schumer, Tuberville, Roe, Wade, ” Mr, Tuberville abhors, Organizations: Republican, Marine Corps, Army, Air Force, Joint Chiefs, Staff, Alabama, Pentagon Locations: Alabama, New York
Signage is seen outside of the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, U.S., August 29, 2020. The rejection and request for additional testing sharply contrasts the backing from the U.S. Food and Drug Administration's (FDA) independent experts for the spray, neffy, in May. EpiPen-maker Viatris (VTRS.O) had in June petitioned the FDA to require that ARS conduct more trials that closely mimic real-world conditions. It did not test neffy in anaphylaxis, a severe, life-threatening allergic reaction, due to ethical concerns. ARS expects to re-submit its application in the first half of 2024, with an FDA decision likely in the second half.
Persons: Andrew Kelly, William Blair, Tim Lugo, Stacey Saiontz, anaphylaxis, James Tarbox, Christy Santhosh, Sriparna Roy, Jahnavi, Varun Organizations: Food and Drug Administration, FDA, REUTERS, ARS Pharmaceuticals, U.S . Food, Pharma, Regulators, ARS, Texas Tech University Health Sciences Center, Thomson Locations: White Oak , Maryland, U.S, anaphylaxis, Bengaluru
Senate Leader Chuck Schumer is trying to circumvent Tuberville's military promotion blockade. He filed three cloture motions to attempt to force the Senate to vote to promote three generals. The Senate normally promotes military officers en masse, but Tuberville's stopped them for months. By filing the cloture motions, Schumer forced the legislative body to promptly schedule cloture-related votes regarding the three generals. If the cloture motions pass with at least two-thirds of the Senate's vote, the lawmakers will then be required to vote on whether or not to confirm the three generals' promotions.
Persons: Chuck Schumer, Tuberville's, GOP Sen, Tommy Tuberville, Schumer, Randy George, Eric Smith, Charles Q, Brown, Tuberville, Roe, he's, Smith Organizations: Service, GOP, Joint Chiefs, Staff, Senators, Marine Corps Locations: Wall, Silicon
The Senate backed President Joe Biden's nomination of Brown to be chairman of the Joint Chiefs of Staff by 83 to 11. He will be only the second Black officer to chair the Joint Chiefs after Colin Powell two decades ago. Brown and other military officials had said Tuberville's blockade of hundreds of military promotions could have a far-reaching impact across the armed forces, affecting troops and their families and harming national security. Schumer's procedural motion did not address hundreds of other military promotions still being delayed by Tuberville's action. The Senate's approval of military promotions is usually smooth.
Persons: Joe Biden, Charles Brown Jr, Brown, Evelyn Hockstein, Charles Q, Joe Biden's, Colin Powell, Chuck Schumer, Tommy Tuberville, Tuberville, Lloyd Austin, Schumer, Austin, Randy George, Eric Smith, Patricia Zengerle, Phil Stewart, Idrees Ali, Chris Reese, Christopher Cushing Organizations: U.S, Air Force, U.S . Joint Chiefs of Staff, White, REUTERS, Rights, U.S . Senate, U.S . Air Force, Republican, Senate, Joint Chiefs, Staff, Chiefs, Pentagon, Defense Department, Defense, Black U.S, Army, Marine Corps, Democratic, Thomson Locations: Washington , U.S, Pacific, China
November 2020: Boebert, who had gained national prominence for her conservative views and what many saw as an embrace of QAnon, was elected to Congress. Lauren Boebert was widely known for her conservative views even before her election to Congress. AP Photo/David Zalubowski, FileEven before Lauren Boebert was elected to Congress in 2020, she had become a rising star in the Republican Party, with leading conservatives thrilled by her unapologetically conservative views on abortion and guns. While campaigning for the House in 2020, Boebert said that she was "very familiar" with the far-right QAnon movement. After winning her first race in November 2020, she exalted in her victory as part of the conservative movement.
Persons: Boebert, Lauren Boebert, David Zalubowski, Donald Trump, I've, Q, Colorado's Organizations: AP, Republican Party Locations: Colo, America
‘Run With Joy and Love’
  + stars: | 2023-09-17 | by ( Patricia Leigh Brown | Marlena Sloss | ) www.nytimes.com   time to read: +2 min
At “Ready … set … exercise!” Taylor started pacing his fellow runners around the track, the trickiest stretch being a right angle that funnels into a gap between chain link fences. When Taylor started running, “everything connected mentally and spiritually,” he said. Taylor’s return to San Quentin is part of an extraordinary year in his life. He’s one of the subjects of “26.2 to Life: Inside The San Quentin Prison Marathon,” a documentary film by Christine Yoo. “Him getting out shows that just because you’re a lifer doesn’t mean you’re going to be in here forever.”
Persons: ” Taylor, Darren Settlemyer, Taylor, , , Christine Yoo, “ Markelle, Him Organizations: San Quentin Prison Locations: San Quentin, Santa Barbara
Legendary economist Gary Shilling says the US economy is headed toward a recession — that is, if we're not already in one. "The Fed wants to make sure they've killed inflation," Shilling said. Shilling, who called the 2008 recession, pointed out that recessions sometimes don't start until the Fed has already begun to cut rates. The Federal Reserve Bank of St. LouisTrusted recession indicators are also signaling that a downturn is coming, Shilling said. The Conference BoardAs a result of the recession, Shilling expects stocks to fall significantly.
Persons: Gary Shilling, we're, It's, Shilling, Merrill Lynch, David Rosenberg, Louis, they're, Jeremy Grantham, John Hussman, Albert Edwards, Edwards Organizations: Federal Reserve, Fed, Federal Reserve Bank of St, Conference, Societe Generale Locations: there's
Analysts say these stocks have double-digit growth potential and investors should buy shares now. They include: Microsoft, Wayfair, Pearson and Broadcom. Davidson admitted that the home category is displaying some degree of uncertainty, but Forte says he has confidence in Wayfair management's ability to deliver. In addition, Pearson's three emerging businesses, including Pearson+, English Language Learning and Workforce Solutions, are poised to "demonstrate double-digit growth," he said. Emerging businesses demonstrate double-digit growth, backed by cash flows from the core A & Q business."
Persons: Wayfair DA Davidson, Tom Forte, Davidson, Forte, Pearson, Morgan Stanley, Luke Holbrook, Morgan Stanley's, Holbrook, Cody Acree, Acree, DA Davidson, AVGO Organizations: CNBC, Microsoft, Wayfair, Pearson, Broadcom, Solutions, Nvidia, Citigroup, Benchmark, Data Center
But as the ramifications of Alabama Republican Sen. Tommy Tuberville’s freeze have grown, more of them are speaking out. Political Cartoons View All 1163 ImagesBut now even the Pentagon’s soon-to-be highest military leader is speaking out. It's not the first time general officer promotions have been frozen by a single senator. Six months into Tuberville's hold, 315 military officers are now affected, and the impact cuts deeper in some services. In the small and still growing U.S. Space Force, at least eight general officers’ nominations are on hold — but that’s one third of all of its 25 senior officers.
Persons: Alabama Republican Sen, Tommy Tuberville’s, they’ve, “ We’re, Mark Kelly, Kelly, he’s, Christopher Grady, Mark Milley, C.Q . Brown, can’t, Brown, ” Grady, Grady, there’s, Donald Trump’s, Biden, , Mark Harkins, ” Tuberville, Lloyd Austin, Tuberville, Larry Korb, It's, Democratic Sen, Tammy Duckworth, Trump, Alexander Vindman, Duckworth, Vindman, Chance Saltzman, we’re, Charles Flynn, Flynn, Kori Schake, “ It’s, ” Schake, Lisa Franchetti, Franchetti, , hadn’t, ” Kelly, ” ___ Lita C, Baldor Organizations: WASHINGTON, , Alabama Republican, ” Air Force, Air Combat Command, Uniformed, Chiefs, Air Force, Joint Chiefs, Air and Space Forces Association, Government Affairs Institute, Georgetown University, Biden, Pentagon, Defense Department, Center for American Progress, Democratic, . Space Force, Marine Corps, Space Force, Army, American Enterprise Institute, Senate Armed Services Committee, Embassy Locations: Alabama, Maryland, , Dobbs, Washington
Q: I split my workweek between home and a “hot desk”—basically, a timeshare cubicle—at my company’s headquarters. While I appreciate the camaraderie and free cold brew in the office, I have to admit that my bland, anonymous workstation really brings me down. Since it’s not mine 100% of the time, I can’t exactly set up house. But are there any little design tweaks that might make it feel less cell-like?
Persons:
The raw materials for creating AI
  + stars: | 2023-09-15 | by ( Alistair Barr | Kali Hays | ) www.businessinsider.com   time to read: +5 min
The AI models behind this technology are built using high-quality datasets from millions of different sources. These are the raw materials for model "training," in industry parlance. Nvidia GPUs are the main hardware required for AI model training. AdvertisementAdvertisementOver 8,000 authors, including Margaret Atwood and James Patterson, signed an open letter demanding compensation from AI companies for using their works to train AI without permission. Got a tip or insights about the leading AI companies OpenAI, Google, Microsoft and Meta?
Persons: ChatGPT, Nat Friedman, Ben Thompson, Friedman, There's, OpenAI, Reddit, Sarah Silverman, Margaret Atwood, James Patterson, JK Rowling's Harry Potter, Alistair Barr Organizations: Service, Nvidia, Tech, Amazon, LexisNexis, Meta, Google, Microsoft, Twitter Locations: Wall, Silicon, abarr@insider.com
The Arm IPO is here, but many ETFs will not be buyers
  + stars: | 2023-09-14 | by ( Bob Pisani | ) www.cnbc.com   time to read: +6 min
The Cupertino, Calif.-based company licenses its processorIPO and tech enthusiasts are excited about the Arm Holdings Plc initial pubic offering, and with good reason: it's the first big tech IPO in more than two years. However, some investors who would like to get immediate exposure to the Arm IPO through ETFs may be disappointed. However, this particular IPO highlights several difficulties that even large companies like Arm have in acquiring a broader ownership base through ETFs. The first problem is that Arm is not a U.S. company, it's British — which generally would exclude it from the S&P indexes. Potential ETF buyers: Nasdaq-100 ETF, IPO ETFsThere are some potential ETF buyers.
Persons: Matt Bartolini, Howard Silverblatt, Van Eck, Jan Van Eck, Todd Sohn, it's, Matt Kennedy, Nate Geraci, I'm Organizations: ARM Holdings, Arm Holdings, Nasdaq, Tech, ARM, P, SPDR Technology, SPDR, SPDR Americas Research, Street Global Advisors, Global, Renaissance, Van Eck Semiconductor, CNBC, Vanguard Total U.S, Renaissance Capital Locations: Cupertino, Calif, U.S, SPDR Americas
[1/2] Actor Yeardley Smith arrives at the Human Rights Campaign (HRC) dinner in Los Angeles, California, U.S., March 30, 2019. Smith has a fascinating sideline: co-host of the true-crime podcast "Small Town Dicks" which is about to launch its 13th season on Sept. 22. A: We were not well off, but my mother was really good with money. Like I have a friend whose son is really good at computers, and she was paying for him to take extra classes. I invest in things I love, things that move me, things that I believe will make the world a better place.
Persons: Yeardley Smith, Kyle Grillot, Lisa Simpson, Smith, Tom Stoppard, Jeremy Irons, Glenn Close, Christine Baranski, Cynthia Nixon, Yeardley, Lauren Young, Richard Chang Organizations: Human Rights, REUTERS, Apple, Reuters, Broadway, Saks, Thomson Locations: Los Angeles , California, U.S, New York City, Italy, Florence
Q: I drink alcohol regularly. Chan School of Public Health — meaning no more than two drinks a day for men and one drink a day for women. There’s no surefire way to offset the consequences of alcohol, said Mariann Piano, a professor and researcher at the Vanderbilt University School of Nursing who studies the effects of alcohol use. It’s not like you can “run around the block one more time” to negate a night of heavy drinking, she said. If you do drink, though, it may be particularly important to prioritize other aspects of your health.
Persons: Eric Rimm Organizations: Harvard, of Public, Vanderbilt University School of Nursing Locations: Chan
JPMorgan upgrades Tenable to overweight from neutral JPMorgan said the security software solutions company is "well positioned for better fundamentals." JPMorgan upgrades Nubank to overweight from neutral JPMorgan said it sees an attractive entry point for the Brazilian neobank company. JPMorgan downgrades Brunswick to neutral from overweight JPMorgan said higher interest rates will weight on the marine recreation company in the months ahead. Bank of America reiterates Nvidia as a top pick Bank of America said Nvidia shares remain "compelling" at current levels. " Bank of America initiates Raymond James as buy Bank of America said the financial services company is well positioned and has a defensive portfolio. "
Persons: Morgan Stanley, Tesla, Raymond James, RJF, Evercore, Redburn, Bob Iger, Johnson, Jefferies, Bernstein, Brown, Forman, Baird, it's Organizations: supercomputing, Investors, JPMorgan, TENB, Brazilian, Bank of America, CSX, of America, 3Q, JPMorgan downgrades, Nvidia, AMD, Barclays, UBS, Amazon, Netflix, Disney, Deutsche Bank, Deutsche, Citi, Microsoft Citi, Microsoft, Apple Locations: JPMorgan downgrades Brunswick, North America
has not released more recent numbers, and there is limited data on exactly how much of this comes from India. The global drug supply system is a vast and complex network. As of 2021, India manufactured 62 percent of the raw materials for drugs, known as active pharmaceutical ingredients. in 2001 set up a groundbreaking program to monitor safety and quality, called the Prequalification of Medicines Program or P.Q.P., which set global standards for H.I.V. The program is one of those unsung policies that keep the global health structure ticking.
Persons: , Cipla Organizations: World Health Organization, Medicines Program Locations: India, China, United States, Europe, Sri Lanka, Gambia, Africa —, Saharan Africa, Indian
The hottest ticket at this year’s Toronto International Film Festival was not for the new auteur film from Hayao Miyazaki or Ryusuke Hamaguchi, the latest vehicle for Kate Winslet or Sean Penn, or grand prizewinners at Cannes and Venice. No, the most feverishly in-demand screening was for a 39-year-old movie that everyone in its sold-out audience could have watched at home, at the push of a button. “Stop Making Sense,” directed by Jonathan Demme, is widely considered to be one of the finest examples of the form, a joyful documentation (and celebration) of Talking Heads’ 1983 tour supporting their album “Speaking in Tongues.” The Toronto festival screening marked the debut of A24’s new restoration of the film ahead of its theatrical and IMAX rerelease later this month. “This is the greatest concert film ever!” he enthused with the musicians sitting next to him. That reunion was an event in itself, following what the frontman David Byrne recently described, with characteristic understatement, as an “ugly” breakup in 1991.
Persons: Hayao Miyazaki, Kate Winslet, Sean Penn, , Jonathan Demme, Spike Lee, , I’m, David Byrne, haven’t, Chris Frantz, Byrne, Tina Weymouth Organizations: Roll Hall of Fame Locations: Cannes, Venice, Toronto
Jamie Dimon criticized the proposed capital rules on lenders as a downside for economic growth. "I wouldn't be a big buyer of a bank," the head of the largest lender quipped during a financial conference on Monday. The proposed changes would apply to banks with more than $100 billion in assets, requiring JPMorgan to hold 30% more in capital than a European lender, Dimon said. But Dimon sees growth as threatened by more than just stricter capital rules, and warned that today's economic strength shouldn't warrant expectations for a years-long rebound. "To say the consumer is strong today, meaning you are going to have a booming environment for years, is a huge mistake," he said.
Persons: Jamie Dimon, Dimon Organizations: JPMorgan, Service, Federal Locations: Wall, Silicon, Ukraine
TORONTO (AP) — After a three-and-a-half-hour documentary on his life, Paul Simon had only sympathy for the audience. The 81-year-old Simon, himself, hadn't watched the film before its debut, and he didn't watch it Sunday, either. “In Restless Dreams,” which takes its name from a lyric in “The Sound of Silence” ("In restless dreams I walked alone"), also intimately captures Simon painstakingly assembling his latest album, “Seven Psalms," which was released in May. “I haven’t accepted it entirely, but I’m beginning to,” Simon told the audience of his hearing loss in a post-screening Q&A. “Having the truth about me depicted by an observer is very interesting to me," Simon said.
Persons: Paul Simon, Simon, hadn't, , , Art Garfunkel, ” Simon, Gibney, “ Sinatra, ” “, Jake Coyle Organizations: TORONTO, South, , Twitter Locations: Queens , New York, Wimberly , Texas
The vice president was seen enjoying the scene and dancing to Q-Tip's 1990s classic "Vivrant Thing." "Hip-hop is the ultimate American art form," Harris said in her remarks to guests at the event. The lyrics flowed: "Imprinted on my mind every minute / Make my plans and you always in it / It's such a vivrant thing / Vivrant thing, a vivrant thing / And even though we both fly / Give each other space and not the evil eye." Advertisement Advertisement Watch:"Hip-hop is the ultimate American art form," Harris said in her remarks, per a pool report. AdvertisementAdvertisement"Every day, Vice President Harris is fighting for the people," Harvey Mason, Jr., chief executive of The Recording Academy, said at the event.
Persons: Kamala Harris, Harris, MC Lyte, Roxanne Shante, Lil, Wayne, Fat Joe, Jeezy, Chuck D, Sen, Raphael Warnock of, Wes Moore, Cori Bush, Harvey Mason , Jr Organizations: Saturday, Service, Naval Observatory, CNN, Gov, Biden, Black, The Recording Academy Locations: Washington, Wall, Silicon, Washington , DC, Raphael Warnock of Georgia, Maryland, Missouri
Do you think that he senses the enormity of the power and, therefore, the responsibility? I don’t think he understands it when it comes to X. He’s impulsive and sometimes contradictory in how he deals with the moderation issues. There’s times when he sees himself in epic terms, and there’s times when he says, “All right, I have to be more careful.”Given how much time you’ve spent with him, do you think you now understand what drives him? We all have some demons in our heads from childhood, and he’s got two orders of magnitude more than most of us. I don’t think he would have let me ride by his side for two years if he didn’t crave to have the story of his life — warts and all — out there.
Persons: Elon Musk, you’ve, he’s, He’s, I’ve, can’t, crave Organizations: PayPal
Q: I’ve lived in a rent-stabilized apartment in Hudson Heights for almost seven years and have no real complaints except for one thing: The windows are absolutely filthy! I called the management company to see if it has a preferred window-cleaning service, to no avail. I am on the third floor and cannot clean the windows, because they are old and do not open into the apartment. A: There is nothing explicit in the law that requires the landlord to clean your windows. But that doesn’t mean the dirty windows aren’t posing health hazards that the city must take seriously.
Persons: I’ve Locations: Hudson Heights
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