DIRS.INFO The most relevant business & tech news

☆ US Nobel-winning poet Louise Gluck dies at 80
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

American poet Louise Gluck, winner of the 2020 Nobel Prize for Literature, poses outside her home in Cambridge, Massachusetts, U.S., in this undated handout image obtained by Reuters on December 7, 2020. © Nobel Prize Outreach/Daniel Ebersole/Handout via REUTERS Acquire Licensing RightsOct 13 (Reuters) - Louise Gluck, a renowned poet who won a Nobel Prize for Literature in 2020, has died at age 80, according to media reports in the United States on Friday that cited her editor. Drawing comparisons with other authors, the Academy said Gluck resembled 19th-century U.S. poet Emily Dickinson in her "severity and unwillingness to accept simple tenets of faith." She served as Poet Laureate of the United States in 2003-04 and was awarded the National Humanities Medal by President Barrack Obama in 2016. Born in New York, Gluck became the 16th woman to win a Nobel Prize for Literature, the literary world's most prestigious award.

Persons: Louise Gluck, Daniel Ebersole, Nobel, Gluck, Emily Dickinson, Jonathan Galassi, Farrar, Straus, Giroux, Iris, Barrack Obama, Rich McKay, Grant McCool Organizations: Reuters, REUTERS Acquire, Swedish Academy, Yale University, National, Literature, Thomson Locations: Cambridge , Massachusetts, U.S, Handout, United States, America, New York

NEW YORK (AP) — Nobel laureate Louise Glück, a poet of unblinking candor and perception who wove classical allusions, philosophical reveries, bittersweet memories and humorous asides into indelible portraits of a fallen and heartrending world, has died at 80. In awarding her the literature prize in 2020, the first time an American poet had been honored since T.S. “The advantage of poetry over life is that poetry, if it is sharp enough, may last,” she once wrote. And in each of us begana deep isolation, though we never spoke of this,of the absence of regret. “You would hand in something and Louise would find the one line that worked,” the poet Claudia Rankine, who studied under Glück at Williams College, told The Associated Press in 2020.

Persons: — Nobel, Louise Glück, unblinking, Jonathan Galassi, Farrar, Straus, Giroux, Glück, Eliot, “, Shakespeare, ”, Marigold, Rose, Iris, Nova, ” Glück, Noah, John Darnow, Louise, Claudia Rankine, Leonie Adams, Stanley Kunitz, Goddard, Sam Cooke, Iris ”, “ I’ve, ’ Organizations: ”, Meadowlands, Giants, “, Stanford University, Yale University, Williams College, Associated Press, New York, Guggenheim Museum, Sarah Lawrence College, Columbia University, New Yorker, The Atlantic, Goddard College, “ Ararat, Washington Locations: American, U.S, New, New York City, , New York, Eastern, “, “ Ararat ”

☆ Tensions are boiling over as America's elite colleges respond to Hamas' terrorist attack on Israel
▼ + stars: | 2023-10-13 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Tensions have boiled over around how colleges are responding to Hamas' terrorist attack on Israel. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementTensions are running high at America's elite colleges, as students, professors, and well-connected, wealthy alumni respond to Hamas' terrorist attack on Israel. At Harvard, the much-maligned student letter has been deleted, after several student groups retracted their support for it.

Persons: —, Bill Ackman, Mark Rowan, Stanford, Larry Summers, Summers, Joe McCarthy, Jason Furman, Ackman, Israel, Alex Morey Organizations: Elite, Harvard, Yale, Penn, Service, Harvard Palestine Solidarity Groups, Cambridge, University of Pennsylvania, Apollo Global Management, Twitter, Indiana University, Columbia University, New York Police, . Police, Bloomberg, NYU, University of Arizona, Foundation, Rights Locations: Israel, Penn, Palestine, New York, Hamas, Gaza

☆ Quiet cutting: How power in U.S. offices may be shifting back to bosses
▼ + stars: | 2023-10-13 | by ( Anuz Thapa | ) www.cnbc.com time to read: +1 min

In the American workplace of 2023, a new labor market trend has taken over where "quiet quitting" left off. Quiet cutting. "Quiet cutting is what some people consider a subcategory of quiet firing," said Nadia De Ala, a leadership and negotiation coach. "Quiet cutting suggests that the balance is shifting, with employers gaining more control." Watch the video above to learn more about quiet cutting and what this workplace trend tells us about the U.S. job market and the overall economy.

Persons: Nadia De, we've, Joanne Lipman Organizations: Yale University Locations: American, Nadia De Ala

About 100 feet (30 meters) away, students backing Israel silently held up posters with the faces of Israeli hostages taken by Hamas. After the Palestinian militant group Hamas' weekend attack on Israel, Israel has bombarded and laid siege to the Gaza Strip, controlled by Hamas, and plans a ground invasion. Many faulted the university for not expressing more support for Palestinian students and the people of Gaza. Prominent alumni lambasted a joint student group statement calling Israel "entirely responsible" for the war. Tensions sparked anew at campuses on Thursday as the national group Students for Justice in Palestine (SJP) declared a "day of resistance," with demonstrations by its 200 chapters at colleges across North America.

Persons: tensely, Israel, David Hidary, SJP, Gabriella Borter, Joseph Ax, Andrew Hay, Paul Thomasch, Cynthia Osterman Organizations: University of Arizona, Students for Justice, Columbia University, Israel, New, Hamas, Kan, Columbia, Palestine, Palestinian, REUTERS, Harvard University, Harvard Crimson, Defamation League, Justice, University of California Los, Georgetown University, Washington , D.C, Thomson Locations: Palestine, New York City, Israel, Gaza, U.S, North America, Hamas, Tucson, University of California Los Angeles, Washington ,, Washington, New York, Taos , New Mexico

After the Palestinian militant group Hamas' weekend attack on Israel, Israel has bombarded and laid siege to the Gaza Strip, controlled by Hamas, and plans a ground invasion. There have been reports of harassment and assaults of both pro-Israel and pro-Palestinian students, deepening grief and putting students of all political stripes on high alert. In a sign of the tensions, some counter-protesters at Columbia shouted angrily at the pro-Palestinian group. Many faulted the university for not expressing more support for Palestinian students and the people of Gaza. Tensions sparked anew at campuses on Thursday as the national group Students for Justice in Palestine (SJP) declared a "day of resistance," with demonstrations by its 200 chapters at colleges across North America.

Persons: tensely, Israel, David Hidary, SJP, Gabriella Borter, Joseph Ax, Andrew Hay, Paul Thomasch, Cynthia Osterman Organizations: Columbia University, Israel, New, Hamas, Kan, Columbia, Palestine, Palestinian, REUTERS, Harvard University, Harvard Crimson, Students for Justice, Defamation League, Justice, University of Arizona, University of California Los, Georgetown University, Washington , D.C, Thomson Locations: New York City, Israel, Gaza, U.S, Palestine, North America, Hamas, Tucson, University of California Los Angeles, Washington ,, Washington, New York, Taos , New Mexico

☆ If We Had to Be Governed by the Harvard Faculty...
▼ + stars: | 2023-10-12 | by ( James Freeman | ) www.wsj.com time to read: 1 min

James Freeman is assistant editor of The Wall Street Journal's editorial page and author of the weekday Best of the Web column. He is the co-author of "Borrowed Time: Two Centuries of Booms, Busts and Bailouts at Citi," recognized as a New York Times Editors' Choice and a Financial Times Business Book of the Month. He is a contributor to the Fox News Channel and a host of "Deep Dive" on Fox Nation. Before joining the Journal in September 2007, James served as investor advocate at the U.S. Securities and Exchange Commission, where he encouraged the transformation of financial reporting technology to benefit individual investors. Follow James on Twitter @FreemanWSJ

Persons: James Freeman, Bailouts, James Organizations: Citi, New York Times, Financial, Fox News Channel, Fox Nation, U.S . Securities, Exchange Commission, Yale, Twitter

☆ Hamas Attacks Are the Beginning of the End for Netanyahu
▼ + stars: | 2023-10-11 | 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

☆ Putting your head down and hustling is 'totally wrong,' says Yale happiness expert—here’s what to do instead
▼ + stars: | 2023-10-11 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

You've heard those phrases promoting the idea that success, achievement and happiness are all enabled by a hefty bank account. Don't miss: Hustle culture isn’t dead, it just got a Gen Z rebrand: ‘People want time to live their lives’Working too hard can increase stress, depression and burnout, a Mayo Clinic blog post notes. "We have an intuition [that] I'm going to earn a million dollars, and I'll be happy. "You think, 'I've got to hustle more ... Now I need $5 million to [be happy].' That hustle culture misconception winds up doubling down on itself."

Persons: You've, Laurie Santos, it's, I'm, Santos, That's, I've Organizations: Yale, CNBC, Mayo Clinic, International, of Environmental Research, Public Health

Donations purchased by a Brooklyn synagogue community to aid military and humanitarian relief efforts in Israel are seen being loaded into a car in Brooklyn, New York, U.S. October 10, 2023. Some 5.8 million Jews live in the United States, according to the Pew Research Center. While there is no sign that Israel is short on basic supplies like granola bars, the donations underscore the concern and connection Jews in the United States feel toward Israel. Elan Kornblum, the Brooklyn-based head of Great Kosher Restaurants Foodies, has turned his company's Facebook page of 91,000 members - who usually discuss favorite kosher restaurants - into a forum for coordinating Israel aid efforts. Legacy aid organizations have also leapt to raise money for lifesaving support in Israel and the Palestinian territories in the wake of the attack.

Persons: Rabbi Jonathan Leener, Jonathan Leener, Leener, Yuri Milner, Mike Bloomberg, Magen David Adom, Elan Kornblum, Kornblum, Chayal el, Mordy Botnick, Botnick, el Chayal, Gabriella Borter, Paul Thomasch, Lisa Shumaker Organizations: REUTERS Acquire, Israel Defense Forces, Pew Research Center, Billionaire, Jewish Agency for, Facebook, Newark Liberty International, IDF, Palestine Children's Relief, International Committee, Thomson Locations: Brooklyn, Israel, Brooklyn , New York, U.S, Handout, United States, Jewish Agency for Israel, New York City, Palestine, Gaza, Washington

That same year, Amazon unsuccessfully sought to get her recused from agency probes against the company, arguing she was too biased. The District of Columbia also tried to sue Amazon on antitrust grounds before, but its lawsuit was dismissed by a federal judge last year. Experts say the FTC faces a few hurdles in its own case, including convincing the court which slice of the market Amazon is allegedly monopolizing. In a blog post responding to the lawsuit, Amazon General Counsel David Zapolsky accused the FTC of attempting to “gerrymander alleged market” to portray Amazon as something it’s not. The FTC also alleges Amazon keeps sellers dependent on services that have allowed it to collect billions in revenue every year.

Persons: Lina Khan, hasn’t, Khan, Joe Biden, ” Khan, David Zapolsky, “ gerrymander, ”, Neil Saunders, Maurice Stucke, Stucke, Sean Sullivan, they’re Organizations: Federal Trade, Activision Blizzard, FTC, Microsoft, Yale Law, Amazon, of, Walmart, GlobalData, Google, Department of Justice, University of Tennessee, University of Iowa College of Law Locations: California, of Columbia, U.S, monopolization

☆ Do I Get Taxed on a High-Yield Savings Account?
▼ + stars: | 2023-10-09 | by ( Aly J. Yale | ) www.wsj.com time to read: +5 min

Today, you can even find some banks offering high-yield savings accounts with 5% APYs or higher, up from just 0.50% to 1% a few years ago. Has your high-yield savings account been racking up interest this year? How high-yield savings accounts are taxedThe interest you earn on a high-yield savings account—or any other savings account, money market account or certificate of deposit, for that matter—is subject to state and federal income taxes. What’s more, savings account and CD interest contrast with investment income, which is often taxed at lower rates. Some IRAs offer access to high-yield savings accounts.

Persons: Aly J, Uncle Sam, you’d, ”, Rob Burnette, that’s, They’re, Jan, You’ll, you’ll, Banks, you’ve, ” Burnette, you’re, Roth, won’t, Burnette, “ Organizations: Yale, Federal Reserve, Outlook Financial, IRS Locations: Texas, Illinois , Indiana , Michigan, Pennsylvania, Troy , Ohio

☆ Hamas initiated attack over Saudi-Israel peace deal, says Yale's Jeff Sonnenfeld
▼ + stars: | 2023-10-09 | 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 EmailHamas initiated attack over Saudi-Israel peace deal, says Yale's Jeff SonnenfeldHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Jeff Sonnenfeld, Brian Sullivan, “ Organizations: Hamas, CNBC Locations: Saudi, Israel

☆ The Totalitarian Heart of Hillary Clinton
▼ + stars: | 2023-10-07 | by ( James Freeman | ) www.wsj.com time to read: 1 min

Persons: James Freeman, Bailouts, James Organizations: Citi, New York Times, Financial, Fox News Channel, Fox Nation, U.S . Securities, Exchange Commission, Yale, Twitter

☆ McCarthy’s Fall Is a Comedy Without Laughs
▼ + stars: | 2023-10-06 | by ( Peggy Noonan | ) www.wsj.com time to read: +1 min

Peggy Noonan is an opinion columnist at the Wall Street Journal where her column, "Declarations," has run since 2000. She has been a fellow at Harvard University’s Institute of Politics, and has taught in the history department at Yale University. Before entering the Reagan White House, Noonan was a producer and writer at CBS News in New York, and an adjunct professor of Journalism at New York University. She was born in Brooklyn, New York and grew up there, in Massapequa Park, Long Island, and in Rutherford, New Jersey. In November, 2016 she was named one of the city's Literary Lions by the New York Public Library.

Persons: Peggy Noonan, ”, ” Noonan, Ronald Reagan, Noonan Organizations: Wall, Journal, NBC News, The, Harvard University’s Institute of Politics, Yale University, Reagan White House, CBS News, Journalism, New York University, Fairleigh Dickinson University, Lions, New York Public Library Locations: New York, Brooklyn , New York, Massapequa Park, Long, Rutherford , New Jersey, Rutherford, New York City

☆ China plans to ease one of the biggest hurdles for foreign business
▼ + stars: | 2023-10-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

China News Service | China News Service | Getty ImagesBEIJING — Chinese authorities are signaling a softer stance on once-stringent data rules, among recent moves to ease regulation for business, especially foreign ones. But foreign businesses have found it difficult to comply — if not operate — due to vague wording on terms such as "important data." The country's top executive body, the State Council, in August revealed a 24-point plan for supporting foreign business operations in the country. The text included a call to reduce the frequency of random inspections for companies with low credit risk, and promoting data flows with "green channels" for certain foreign businesses. When U.S. Commerce Secretary Gina Raimondo visited China in August, she called for more action to improve predictability for U.S. businesses in China.

Persons: Reva Goujon, Goujon, Gabriel Wildau, Gina Raimondo, Martin Chorzempa, Samm Sacks, Yale Law School Paul, Chorzempa, Sacks, Beijing's Organizations: China News Service, Getty, Cyberspace Administration of China, Government, European Union Chamber of Commerce, CNBC, EU, State, China Corporate, CAC, State Council, Commerce, Peterson Institute for International Economics, Yale Law School, Yale Law School Paul Tsai China Center and New, Baidu Locations: Chongqing, BEIJING, China, Beijing, Covid, U.S, Yale Law School Paul Tsai China Center and New America

However, there are some key differences between the mechanics of credit cards and Helocs. Still, Helocs have far lower rates than credit cards, even for borrowers with strong credit scores. If interest rates climbed to 7% a year later, your payment would rise to $58 a month until the end of the draw period—unless interest rates move again or you draw more from the line. (Secured credit cards are an option for people with limited credit history; they require a cash down payment.) Consolidating credit card debt is another common use, since rates on credit cards can be as much as double what they are on home-equity loans.

Persons: Tanza Loudenback, Aly J, Helocs, you’ve, Robert Heck, won’t, Knight, Freddie Mac, You’re, Scott Fligel, ”, Eric Alexander, Heck, “, ” Heck, Alexander Organizations: Yale, Federal, Federal Reserve, Northwestern Mutual, Income Locations: homeownership, Morty, Charlotte, N.C, Dallas

Still, the DeSantis campaign remains adamant that the race is far from settled and the timing of these recent broadsides is coming as 2024 is only just now coming into focus for many voters. “The time for contrast was not over the summer when the government was going after (Trump),” said Ryan Tyson, a senior adviser to DeSantis’ campaign. Club for Growth president David McIntosh recently warned about the potential pitfalls of attacking Trump too aggressively. “Every traditional post-production ad attacking President Trump either backfired or produced no impact on his ballot support and favorability,” McIntosh wrote. A new phaseThis new phase of the DeSantis campaign marks a significant departure from the spring and summer, when DeSantis did not always appear comfortable criticizing Trump.

Persons: Donald Trump “, Ron DeSantis, Trump, “, Joe Biden, Anthony Fauci, “ Florida’s, DeSantis, ”, Ryan Tyson, ” DeSantis, O’Kay Henderson, NBC’s “, Christie, ‘, Nikki Haley, Mike Pence, Donald Trump, David McIntosh, McIntosh, ” McIntosh, there’s, he’s, –, Ethan Masters, ” “ Donald, ” Masters, Shellie Flockhart, “ Trump, Roe, Wade, Flockhart, ’ – Organizations: CNN, Republican, Florida Gov, Trump, Republicans, White, Press, Former New Jersey Gov, Former South Carolina Gov, Yale, Harvard Law, GOP, Club for Growth, for Growth Locations: Florida, Georgia, Arizona, Manhattan, Mexico, Iowa, Radio Iowa, ”, South Carolina, Dallas County , Iowa

☆ The stock market today has 'echoes' of the 1987 crash, and even a hint of a recession would be a massive blow to equities, Societe Generale says
▼ + stars: | 2023-10-03 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Stocks are following the same path they did ahead of the 1987 stock crash, Societe Generale said. Investors are bullish in the face of rising bond yields, in an "echo" of late 80s sell-off. AdvertisementAdvertisementThe stock market is sending worrying signals, and any sign of recession now could spark a big sell-off, according to Societe Generale strategist Albert Edwards. But the outperformance in the face of soaring bond yields could be a warning of pain to come, if history is any guide. Meanwhile, only 32% of individual investors think the chance of a 1987-style stock market crash over the next six months is less than 10% according to Yale's US Crash Confidence Index.

Persons: Albert Edwards, —, Edwards, Dow, bullishness, Raymond James Organizations: Societe Generale, Service, Generale, Federal Reserve, Treasury, York Fed

In our view, the companies in the regulators' sights — Alphabet 's (GOOGL) Google, Amazon (AMZN) and Microsoft (MSFT) — are not engaged in anti-competitive behavior. In January, the DOJ filed a second, separate antitrust lawsuit against Alphabet in the U.S. District Court for the Eastern District of Virginia. MSFT YTD mountain Microsoft YTD U.K. regulators have also hounded the Big Tech name, aiming to block Microsoft's acquisition of Activision over cloud gaming concerns. In a showdown years in the making, the FTC last month filed a highly-anticipated antitrust lawsuit against e-commerce giant Amazon. The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen.

Persons: Satya Nadella, —, Nadella, Bing, Jim Cramer, Activision Blizzard, ChatGPT, Morgan Stanley, Joe Biden, Lina Khan, Khan, Jim, Jim Cramer's, Justin Tallis Organizations: Big Tech, Google, Microsoft, Washington D.C, Justice, District of Columbia, DOJ, Eastern, of, Activision, Federal Trade Commission, FTC, Ubisoft, U.K, Markets Authority, Yale Law, Amazon, CNBC, Apple, Facebook, Getty Locations: Washington, U.S, of Virginia, Virginia, Amazon

WASHINGTON (AP) — Americans view college campuses as far friendlier to liberals than to conservatives when it comes to free speech, with adults across the political spectrum seeing less tolerance for those on the right, according to a new poll. More recently, a conservative Princeton University professor was drowned out while discussing free speech at Washington College, a small school in Maryland. Overall, Republicans see a clear double standard on college campuses. “The reality is that there’s free speech for everyone on college campuses,” said Fleisher, a linguistics professor at the University of Wisconsin, Milwaukee. But as the nation has become more politically divided, so have college campuses, said Kristen Shahverdian, senior manager for education at PEN.

Persons: you’re, ”, Rhonda Baker, Donald Trump, ’, Chris Gauvin, “, Gauvin, Nicholas Fleisher, Fleisher, Kristen Shahverdian, Morgan Ashford, Linda Woodward, Mike Darlington, Ilya Shapiro, Shapiro, Gene VanZandt, ___, ___ Gecker Organizations: WASHINGTON, University of Chicago, The Associated Press, NORC, for Public Affairs Research, Republicans, Republican, Stanford University, Princeton University, Washington College, Overall, Yale University, Congress, GOP, American Association of University, University of Wisconsin, PEN America, PEN, Democrat, Troy University, Stanford, Foundation, Rights, University of, Manhattan Institute, Darlington, Associated Press, Carnegie Corporation of New, AP Locations: Goldsboro , North Carolina, Maryland, Manchester, Conn, Milwaukee, Alabama, Ashford, “, Hot Springs, , Arkansas, Darlington, Chesterfield County , Virginia, Hampton , Virginia, San Francisco, Carnegie Corporation of New York

[1/2] Taylor Swift attends the 2023 MTV Video Music Awards at the Prudential Center in Newark, New Jersey, U.S., September 12, 2023. Swift's appearance, in addition to fueling further rumors about her romance with the Chiefs' star tight end, is sure to deliver another marketing blessing to the NFL. Sunday's game was the second-highest selling game of the NFL season after the season opener, Stubhub said. The cheapest nosebleed seat tickets for Sunday's game in East Rutherford, New Jersey, were going for $81 on Sunday afternoon, while resale tickets at the lower level cost close to $9,000. When Swift showed up at the Chiefs' game on Sept. 24, viewership among women ages 18-49 - Swift's prime fan demographic - spike 63% week-over-week.

Persons: Taylor Swift, Andrew Kelly, Travis Kelce, Ryan Reynolds, Hugh Jackman, Blake Lively, Stubhub, Swift, Taylor, Gabriella Borter, Joseph Ax, Frank Pingue, Lisa Shumaker, Stephen Coates Organizations: Prudential Center, REUTERS, MetLife, Kansas City Chiefs, New York Jets, Chiefs, National Football, NBC, Hollywood, NFL, Jets, Kelce, Football, Thomson Locations: Newark , New Jersey, U.S, New Jersey, United States, Kansas City, New York, East Rutherford , New Jersey, Washington, Toronto

☆ Biden’s Trend Line Points Downward
▼ + stars: | 2023-09-29 | by ( Peggy Noonan | ) www.wsj.com time to read: +1 min

☆ Bankman-Fried trial poses biggest test to date for crypto's top cop
▼ + stars: | 2023-09-29 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +6 min

Bankman-Fried's will be the first of Williams' blockbuster white collar cases to go to trial. The cases Williams, 43, has brought so far show he has been a "steward" of the SDNY's longstanding priorities, said Kan Nawaday, who overlapped with Williams at the office. Prosecutors had described the cases as the first insider trading cases brought involving digital assets. Williams' charges against Bankman-Fried came just one month after FTX's collapse, which former prosecutors say is very fast for a complex white collar case. WILLIAMS HAS STRUGGLED WITH SELF-DOUBTBankman-Fried's trial comes after some setbacks and amid ongoing challenges for Williams' office.

Persons: Damian Williams, Mike Segar, Sam Bankman, Williams, Charlie Javice, Bill Hwang, Joe Lewis, Javice, Hwang, Lewis, Kan Nawaday, He's, Venable, Prosecutors, Alex Mashinsky, WILLIAMS, SDNY's, John Paul Stevens, General Merrick Garland, Garland, Joe Biden, Bob Menendez, Menendez, Fried, Joshua Naftalis, Pallas, Brian Benjamin, haters, Luc Cohen, Noeleen Walder, Daniel Wallis Organizations: Attorney, Southern, of, REUTERS, U.S, Yale Law School, Archegos Capital Management, Supreme, Allianz's U.S, Allianz, Bankman, New, Columbia Law School, Thomson Locations: Manhattan, New York City , New York, U.S, of New York, English, Jersey, Bahamas, Caribbean, New York, Bronx, Georgia

FTC Chairwoman Lina Khan testifies during a budget hearing of the House Energy and Commerce Subcommittee on Innovation, Data, and Commerce, April 18, 2023. Khan pointed to scale on Wednesday as a way Amazon leverages its power to dampen competition. Khan also explained the FTC's decision to define the market Amazon has monopolized as the online superstore. "We've had a whole set of antitrust cases that have succeeded when defining a market as the superstore market." This complaint applies that idea to the online world, Khan said, adding that there are functions that only an online superstore can serve through the "depth and breadth" of offerings.

Persons: Lina Khan, Khan, CNBC's Andrew Ross Sorkin, it's, We've Organizations: House Energy, Commerce, Amazon, Federal Trade, FTC, Yale, Intelligence Locations: U.S

Search resuls for: "yale"

25 mentions found