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GAZA, Nov 14 (Reuters) - U.S. President Joe Biden said hospitals in the Gaza Strip must be protected and he hoped for "less intrusive" action by Israel as Israeli tanks advanced to the gates of the besieged enclave's main hospital. At least 650 patients were still inside Al Shifa hospital, desperate to be evacuated to another medical facility. In his first comments since the weekend's events, including patient deaths reported at Al Shifa, Biden said hospitals must be protected. [1/6]Smoke rises as displaced Palestinians take shelter at Al Shifa hospital, amid the ongoing conflict between Hamas and Israel, in Gaza City, November 8, 2023. An Israeli military spokesperson said the army was checking the report on Jabalia.
Persons: Joe Biden, Ashraf Al, Qidra, Al Shifa, Biden, Doaa, Israel, Abu Ubaida, Jake Sullivan, Washington, Crescent, Mohammed Khamis Dababash, Nidal al, Arshad Mohammed, Howard Goller, Michael Perry, Raju Gopalakrishnan Organizations: Al, Hamas, White, REUTERS, Brigades, House, Washington Post, Palestinian, Reuters, Thomson Locations: GAZA, Gaza, Israel, Al Shifa, Al, Gaza City, Washington, al, Quds, Israeli
Israeli Forces Reach Gate of Gaza’s Largest Hospital
  + stars: | 2023-11-13 | by ( Dov Lieber | Chao Deng | ) www.wsj.com   time to read: 1 min
TEL AVIV—Israeli troops reached at least one of the gates of Gaza’s largest hospital where Israel says Hamas conceals a major center of operations, while medical staff reported deteriorating conditions inside because of a lack of supplies and electricity. The Health Ministry in Hamas-run Gaza said Israeli military vehicles were at the southeast gate of Al-Shifa Hospital, and an Israeli military spokesman confirmed that troops had reached one of the gates. Israel alleges that Hamas runs four underground complexes and a command-and-control center at the hospital, a claim Hamas denies.
Organizations: Health Ministry, Hamas, Shifa Locations: TEL AVIV, Gaza’s, Israel, Gaza, Al
Israeli Forces Reached Gaza’s Main Hospital
  + stars: | 2023-11-13 | by ( Matthew Cullen | ) www.nytimes.com   time to read: +1 min
Israeli forces advanced today to the gates of Gaza’s largest hospital, where doctors describe a dire situation: Fuel, medicine and food are running out for hundreds of patients and thousands of others sheltering. Dozens of corpses are decomposing at the hospital, known as Al-Shifa, because there is no way to preserve or remove them, a chief nurse said. Israeli and American officials say Hamas uses hospitals in Gaza, including Al-Shifa, as shields for its fighters and says that militants have built a vast command complex under the hospital. Hamas and doctors at the hospital deny the existence of such a command center. Israeli troops have reached at least two other hospitals in northern Gaza, stepping up their push to empty the facilities, according to Israeli military officials, as fighting around them intensifies.
Persons: Doctors Organizations: Al Locations: Gaza’s, Gaza
The Health Ministry in Hamas-ruled Gaza disputed that, and said the fuel would have provided less than an hour of electricity. Political Cartoons View All 1240 ImagesFor Palestinians, Shifa evokes the suffering of civilians. Thousands of people displaced by airstrikes that have destroyed entire city blocks have sought shelter in its darkened corridors. A U.N. health official said many displaced families and patients with moderate injuries fled Shifa as Israeli forces encircled the hospital over the weekend. Palestinian militants are holding nearly 240 hostages seized in the raid, including men, women, children and older adults.
Persons: Tedros Adhanom Ghebreyesus, Shifa, Mohammed Zaqout, Melanie Ward, Christos Christou, ___ Magdy Organizations: Hamas, Health Ministry, Health Organization, Aid, CBS, Health Locations: DEIR, Gaza, Gaza's, Palestinian, Israel, Shifa, U.K, U.S, Lebanon, Cairo, ___, israel
The Israeli military shared video and photographs on Monday showing what it said were weapons stored by Hamas in the basement of a children's hospital in Gaza where it also said hostages appear to have been held. via IDF Acquire Licensing RightsJERUSALEM, Nov 13 (Reuters) - The Israeli military shared video and photographs on Monday showing what it said were weapons stored by Hamas in the basement of a children's hospital in Gaza where it also said hostages appear to have been held. "And we also found signs that indicate that Hamas held hostages here," he told a televised briefing. On Monday, Israeli tanks were positioned outside the gates of Al Shifa hospital, the main hospital in Gaza where hundreds of patients were still waiting to be evacuated. Hamas and hospital authorities in Gaza have denied that health facilities have been used in this way.
Persons: Daniel Hagari, , James Mackenzie, Rosalba O'Brien Organizations: Rights, Hamas, Gaza, United Nations, Thomson Locations: Gaza, Israel, Al Shifa
CNN —Celebrity hairstylist Chris Appleton has filed for divorce from “White Lotus” and “Euphoria” actor Lukas Gage after six months of marriage. Appleton cited “irreconcilable differences” as grounds for divorce, according to the petition that was filed in Los Angeles on Monday and obtained by CNN. CNN has reached out to representatives for Appleton and Gage for comment. The estranged couple wed in April in Las Vegas, with Appleton’s long-time client Kim Kardashian officiating the ceremony and country star Shania Twain serenading the then-newlyweds. The photos they posted showcased Gage and Appleton posing with Kardashian in front of the iconic wrought iron gates of Las Vegas’s Little White Chapel, and another photo showing Kardashian officiating the ceremony.
Persons: Chris Appleton, , Lukas Gage, Appleton, Gage, Kim Kardashian, Shania Twain, ” Appleton, Kardashian, Twain, ” Gage, TikTok Young Organizations: CNN, Appleton, TikTok Young Hollywood Locations: Los Angeles, Las Vegas, Las
CNN —A lion that escaped from a circus in the Italian town of Ladispoli, near Rome, on Saturday has been recaptured after several hours on the loose, the local mayor has announced. ET) on Saturday, Ladispoli mayor Alessandro Grando announced on his Facebook page that the lion had been caught. The animal had been on the loose for at least 5 hours, causing concern and confusion among local residents. ET) when it was announced the lion had escaped from the circus and that the animal was immediately tracked down within the adjacent waterway. Residents of Ladispoli, a seaside town near Rome, were told to stay home yesterday after Kimba the lion escaped from the circus before the animal was sedated and captured.
Persons: Ladispoli, Alessandro Grando, ” Grando, Grando, Sonia Logre Organizations: CNN, State Police, Fire Department, Health Authority, Circus, , Law Enforcement, Italian, RAI, Residents, Getty, Organization Locations: Italian, Ladispoli, Rome, , AFP
Steam feeding into the Unit 3 turbine generator of the Vogtle nuclear power plant in Waynesboro, Ga. “The United States is now committed to trying to accelerate the deployment of nuclear energy,” John Kerry, President Biden’s climate envoy, said in September. One recent Pew survey found that 57 percent of Americans favor more nuclear plants, up from 43 percent in 2016. A NuScale engineer gave a tour of a control room simulator, modeling the company’s plans for new nuclear reactors, in 2013. “The demand for clean energy is almost unprecedented,” said Maria Korsnick, president of the Nuclear Energy Institute, an industry group.
Persons: Biden, ” John Kerry, Biden’s, , , Jacopo Buongiorno, Jimmy Carter, Rosalyn Carter, Bruce Springsteen, Dan Reicher, Gavin Newsom, Reicher, Clinton, Jeffrey Collins, Arnie Gundersen, John Williams, “ It’s, Patty Durand, Julie Kozeracki, Kendrick Brinson, Jay Wileman, Bill Gates, Dow, Roger Blomquist, NuScale Power, Jose Reyes, Adam Stein, it’s, they’re, Ahmed Abdulla, Robert Taylor, Leah Nash, NuScale, David Schlissel, Joshua Freed, didn’t, Maria Korsnick Organizations: Unit, Republicans, Nuclear Regulatory Commission, Massachusetts Institute of Technology, Associated Press, Madison, Natural Resources Defense, California Gov, Democrat, Associated, Fairewinds Associates, Components, Workers, Georgia, Southern Company, Georgia Power, Georgia Public Service Commission, Energy Department, The New York Times, GE, Hitachi Nuclear Energy, Vogtle . Ontario, Tennessee Valley Authority, Argonne, National Laboratory, Energy, Nuclear Regulatory, NuScale, , Breakthrough Institute, Carleton University, Soaring, Institute for Energy Economics, United, Nuclear Energy Institute Locations: U.S, Waynesboro, Ga, Savannah, Georgia, United States, , Pennsylvania, Texas, Virginia, Jenkinsville, Vogtle, South Carolina, South, Canada, Tennessee, Argonne, Chicago, Idaho, Wyoming, California, Alaska, Maryland, Pueblo County, Colo
Israel's new Eitan APC has performed its first combat missions in Gaza battling Hamas, IDF said. Featuring advanced technology from the Merkava tank series and Namer armored vehicles, the Eitan offers high mobility and firepower in various terrains. AdvertisementAdvertisementAn Eitan APC first went into action during the October 7 terrorist attacks on southern Israel by Hamas, according to Walla, an Israeli news outlet. AdvertisementAdvertisementAn Eitan commander, Lieutenant Yotam, told Walla: "The Eitan brings important capabilities such as flexibility, high level protection and lethality. Eitan APC: 'The best and most advanced'Israel's Eitan APC Zachi EvenorEitan means "strong" in Hebrew.
Persons: Israel's, Eitan, , Walla, Yotam, Israel's Eitan, Evenor Eitan, Sayeret, Guy Paglin Organizations: Service, Israel, Hamas, Israel Defense Forces, IDF, Technology, Eitan APC, Nahal Infantry Brigade, Defense, Defense Ministry's, Vehicles, Israel Times Locations: Gaza, Israel, Walla, Israeli, Brig
HEAVY FIGHTING NEAR SHIFA HOSPITALPolitical Cartoons View All 1240 ImagesIn Gaza City, residents reported heavy airstrikes and shelling overnight, including in the area around Shifa Hospital. Israel, without providing evidence, has accused Hamas of concealing a command post inside and under the hospital compound, allegations denied by Hamas and hospital staff. “We spent the night in panic waiting for their arrival,” said Ahmed al-Boursh, a resident taking shelter in the hospital. Israel’s military confirmed clashes outside the hospital, but Rear Adm. Daniel Hagari, a spokesman, denied Shifa was under siege. Netanyahu said Gaza would be demilitarized and that Israel would retain security control, with the ability to enter Gaza freely to hunt down militants.
Persons: KHAN YOUNIS, Benjamin Netanyahu, Israel, , , Ahmed al, Mohammed Abu Selmia, Daniel Hagari, Shifa, Robert Mardini, Crescent, NETANYAHU, Netanyahu, Antony Blinken, Ebrahim Raisi, ___ Magdy Organizations: Israel, Hamas, Health Ministry, World Health Organization, International Committee, Red Cross, Palestinian, Palestinian Authority, West Bank Locations: Gaza, Gaza City, Israel, United States, Saudi Arabia, London, SHIFA, Shifa, , al, Quds, Hamas, U.S, Iran, Egypt, Rafah, Tel Aviv, Caesarea, Netanyahu's, Lebanon, Cairo, ___, israel
AI assistants are on their way. Bill Gates and Sam Altman spoke this week about the future of AI lying in "agents." This past week has made that much clear as big-name techies like Bill Gates and Sam Altman touted the future of AI as one of "agents." He reckons AI agents can change that within the next five years. A store leaderboard will even help you identify the most useful AI assistants.
Persons: Bill Gates, Sam Altman, , Gates, Altman, OpenAI's, ChatGPT, OpenAI, Clippy, you've Organizations: Service, Microsoft Locations: San Francisco
MINNEAPOLIS (AP) — A $242 million overhaul will modernize the main terminal concourses and gate areas at Minneapolis-St. Paul International Airport, officials said. The project announced Thursday by the Metropolitan Airports Commission an Delta Airlines, the airport's dominant carrier, is expected to be completed by late 2025, the Minneapolis Star Tribune reported. Metropolitan Airports Commission CEO Brian Ryks said the goal is to create “an exceptional airport experience for the millions of passengers who travel through” the airport annually. The MAC is investing $182.5 million in the project, with Delta contributing $60 million. Political Cartoons View All 1240 ImagesMost of the work will occur at night so little disruption is expected for flight activity, officials said.
Persons: Brian Ryks Organizations: Paul International Airport, Metropolitan Airports, Delta Airlines, Minneapolis Star Tribune, MAC, Delta Locations: MINNEAPOLIS, Minneapolis, St, , Delta
What happened next was a state Supreme Court election in Pennsylvania unlike any other. Such high-stakes, high-spending partisan campaigns could become standard for judicial elections in Pennsylvania, a premier presidential battleground state where the state Supreme Court has issued pivotal decisions on major election-related cases in recent years. Democrats had held a 5-2 majority on Pennsylvania's Supreme Court before Chief Justice Max Baer died last year. Democrats and their allies learned a hard lesson in Pennsylvania's 2021 race for Supreme Court, when Republicans outspent Democrats by more than $1 million. Based on reports filed thus far to the state, McCaffery and Democratic allies spent more than $13 million, compared to more than $8 million by Carluccio and her allies.
Persons: Dan McCaffery, Carolyn Carluccio, Donald Trump, that’s, , Shanin Specter, ” McCaffery, Roe, Wade, Max Baer, Republican Kevin Brobson, Carluccio, Jeffrey Yass —, ” Specter, Eric Stern, Matthew Brouillette, ” Brouillette, , ” Kadida Kenner, McCaffery, ” Kenner, Marc Levy Organizations: Republican, Association, U.S, Democratic, Pennsylvania's, Supreme, Republicans outspent, Democratic Party, Democrats, New Pennsylvania Locations: HARRISBURG, Pa, Pennsylvania, Philadelphia, U.S ., Wisconsin, Allegheny County
Israel declared war on Hamas on October 7 after militants killed 1,400 people in Israel and kidnapped about 240 others, according to the Israel Defense Forces (IDF). Ronen Zvulun/Reuters A woman carries a white flag as Palestinians flee from Gaza City to the south on November 7. Neil Hall/EPA-EFE/Shutterstock Rockets are launched from Gaza into Israel, as seen from Ashkelon, in southern Israel, on November 4. Dan Kitwood/Getty Images Israeli firefighters and rescue teams assess destruction after a rocket attack in Tel Aviv, Israel, on October 27. Yousef Masoud/The New York Times A morgue worker arranges body bags at al-Shifa hospital in Gaza City on October 12.
Persons: CNN —, , Volker Türk, Türk, Mohammad Abu Elsebah, Khaled Ibn Al, Walid, Khan Younis, Mahmud Hams, Ya'akov Ozeri, Amir Levy, Ronen Zvulun, Mohammed Dahman, Khan, Ahmad Hasaballah, Ariel Schalit, Abed Rahim Khatib, Leo Correa, Mohammed Abed, Amir Cohen, Mohammed Alaloul, Majdi, Fatima Shbair, Alexi J . Rosenfeld, Mustafa Hassona, Neil Hall, Saeed Jaras, Mohammad Abu Hattab, Mohammed Talatene, Ditza Heiman, Shir Torem, Salman Habaka, Ibraheem Abu Mustafa, Yuval Zilber, Hatem Ali, Jalaa Merey, Ahmad Salem, Ali Jadallah, Atef Safadi, Abed Zagout, Fadel Senna, Anas al, Yosef Vahav, Kiryat Shmona, Jalaa Marey, Albert Miles, Bernat, Ilan Rosenberg, Ashraf Amra, Manna, Tamar Chaya Torpiashvili, Abed Khaled, Tamir Kalifa, Benjamin Netanyahu, Yoav Gallant, Ammar Awad, Jehad Al, Kafarnah, Teddy, Dan Kitwood, Dima Vazinovich, Jack Guez, Sagiv Ben Zvi, Evelyn Hockstein, Omar El, Mohammed Salem, Yasser Qudih, Tsafrir, Francisco Seco, Mohammed Saber, Ali Mohmoud, Mai Yaghi, Yam Goldstein, Nadav, Khaled Joudeh, Samar Abu, Leon Neal, Hatem Moussa, Nir Oz, Wolfgang Schwan, Yousef Masoud, Shadi Tabatibi, Belal al Sabbagh, Rizek Abdeljawad, Ahmad Gharabli, Janis Laizans, Gallant, Ofir Libstein, Aza, Belal Khaled, Hod, Ayal Margolin, Antony Blinken, Joe Biden, Brendan Smialowski, Biden, Netanyahu, Kenny Holston, Kfar Aza, Ilia Yefimovich, Mahmoud Khaled, Dor Reder, Violeta Santos Moura, Mohammed Fayq Abu Mostafa, Antonio Macías, Macías, Eli Albag, Liri, Sergey Ponomarev, Dor Kedmi, Saher, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Ibrahim Hams, Bashar Taleb, Baz Ratner, Yahya Hassouna, Mapal Adam, Agha, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, CNN Sergey Ponomarev, Eden Guez, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Ilai Bar Sade, Erik Marmor, Oren Ziv, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Oded, Ahmad Hasballah, Eyad Baba, Itai Ron, Hadas Parush, Cross, Israel Organizations: CNN, United Nations, UN, Human Rights, Israel Defense Forces, IDF, Bank, Palestinian Ministry of Health, Getty, Reuters, Tel, Nasser Medical, AP, Najjar, Hamas, Israel Defence Forces handout, Shutterstock, Reuters United Nations, Shifa, Palestine, Pictures, Bloomberg, Israeli Apache, United Nations Relief, Works Agency, Al Aqsa Martyrs Hospital, Palestinian, Al, EyePress, New York Times, Israeli, Getty Images, Nasser Medical Hospital, Deir Al, Tel Aviv University, Reuters Civil, AP Rockets, AP Israel's, Regional, Aqsa Martyrs Hospital, Israel's, Ahli Baptist Hospital, Ben Gurion International, Aris Messinis, Haim, Puma, Nasser Hospital, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, West Bank, Rockets, Reuters Police, Reuters Rockets, UN Relief and Works Agency, International Committee, ICRC, Palestine Red Crescent Society Locations: Israel, Gaza, Gaza City, Ramallah, Al, Khan, AFP, Meron, Israeli, Tel Aviv, Khan Younis, Jerusalem, Jerusalem's, City, Rafah, Jerusalem's Old City, Deir Balah, Mahmud, Southern Israel, Anadolu, Ashkelon, Haifa, Yanuh Jat, Netaim, Golan Heights, Lebanon, Egypt, Sderot, Shareef, Beit Guvrin, Reuters Israeli, Kiryat, Al Aqsa, Deir Al, Balah, Kibbutz Be'eri, Ashdod, Holon, Najjar, Ichilov, Kibbutz Shefayim, Deir, Samar, Samar Abu Elouf, Deir al, Kibbutz Kissufim, Zahra City, Europe, Xinhua, East Jerusalem, Ras, Israel's, Yehuda, Aqsa, Hod HaSharon, Kiryat Shmona, Ahli, Gan, Kfar, North Sinai, Beit Kama, Cyprus, Kfar Saba, Be'eri, Rehovot, Mount Herzl, Modiin Maccabim, Kfar Aza, Mount Herzel, Yassin, Palestinian, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, Palestine
Bill Gates has found the perfect balance between optimism and pessimism, says Morgan Housel. The Microsoft cofounder also seems to be demonstrating "rational optimism" when it comes to AI. Morgan Housel describes Gates a "rational optimist" in a piece for CNBC, meaning he prepares for any short-term setbacks while maintaining an optimistic outlook for the future. AdvertisementAdvertisementWorrying about having enough cash to pay staff wages is the perfect example of rational optimism, says Housel. The 68-year-old is now applying his rational optimism to AI.
Persons: Bill Gates, Morgan Housel, , Gates, Housel, Charlie Rose, He's Organizations: Microsoft, Service, CNBC, Bloomberg Locations: Harvard
So the method the foundation is working on with a biotech company is a pill that needs to be taken only monthly. It contains the same types of hormones that are in a daily pill, so the same set of side effects would apply. Another hot spot for innovation is in injectables, like the Depo-Provera shot, Vogelsong said. ”Injectables aren’t very popular in the U.S., but they are the No. 1 method used in many countries in sub-Saharan Africa for a variety of reasons,” she noted.
Persons: Ed Cara, , Wang, Kirsten Vogelsong, Melinda Gates, Vogelsong, I’ve Organizations: Melinda Gates Foundation Locations: injectables, U.S, Saharan Africa
Nia Grant graduated from Clemson University in 2022 with about $30,000 — in her bank account, not in loans. Grant's road to post-grad prosperity started in high school, where she estimates she applied for between 60 and 70 scholarships. She won about a dozen, including awards from the Horatio Alger Foundation, UNCF and the Bill and Melinda Gates Foundation. With the cost of her education covered, Grant didn't feel she had to wait until graduation to start building her financial future. Resources vary from school to school, but one is available virtually everywhere and tends to be the most overlooked by students looking to get ahead, she says.
Persons: Nia Grant, Horatio Alger, Melinda Gates, Grant didn't, Grant, edu Organizations: Clemson University, Horatio Alger Foundation, UNCF, Melinda Gates Foundation, National Renewable Energy Laboratory, Procter & Gamble, JPMorgan, Dow, Cash, CNBC
Days after violent protests over wages as low as $80 a month, officials in Bangladesh said on Wednesday they would increase the pay of garment workers by about 50 percent, a concession that appeared to fall short of satisfying thousands of workers who produce clothes for brands like H&M and Zara. Over the weekend, at least two garment factory workers were killed and several police officers wounded in Gazipur District, north of Dhaka, as protesters ratcheted up their longstanding demand for higher wages. The garment industry accounts for more than 80 percent of Bangladesh’s annual exports of about $55 billion, and it is seen as the key driver of Bangladesh’s economic growth in recent decades. More than 50 percent of employees in the industry are women, in a region with abysmal female participation in the formal work force. They are calling for an increase to about $200 a month to meet the rising cost of living.
Persons: Covid lockdowns Locations: Bangladesh, Zara, Gazipur District, Dhaka
When it comes to money, your mindset has a big impact on the way you spend, save, and invest. For me, four lessons from the book helped me improve my money mindset and invest more. Housel writes, "My own theory is that, in the real world, people do not want the mathematically optimal strategy. This is in line with some advice I've offered in my book "Dear Debt," regarding debt repayment. Reading "The Psychology of Money" was so fulfilling for me and helped me shift my money mindset out of anxiety and scarcity to feelings of "enoughness."
Persons: Reading Morgan, I've, , Morgan Housel, Warren Buffett, Buffett, it's, Housel, he's, there's, doesn't, Bill Gates, Gates, Kent Evans Organizations: Reading, Service,
When Whitney and Chaz Gates' annual sales more than quadrupled in less than a year, they credited their lead investor: Mark Cuban. On Friday's episode of ABC's "Shark Tank," the husband-and-wife duo said that Wondry, their Black-owned wine label, brought in $1.1 million in revenue over the previous 11 months. At the time, the couple's pitch landed them $225,000 of Cuban's money in exchange for 15% of the Dallas-based company. "Before 'Shark Tank,' we were just a local Texas business," said Whitney, Wondry's CEO. Here's how Cuban's $225,000 turned into $1.1 million in sales, according to the Gateses.
Persons: Whitney, Chaz Gates, Mark Cuban, Wondry Locations: Dallas, Texas
NEW YORK, NEW YORK - SEPTEMBER 21: Bill Gates, Founder of Breakthrough Energy and Co-Chair of the Bill & Melinda Gates Foundation, speaks onstage at The New York Times Climate Forward Summit 2023 at The Times Center on September 21, 2023 in New York City. Optimism and pessimism are hard to deal with. Optimism and pessimism seem like conflicting mindsets, so it's more common for people to prefer one or the other. Successful people find a balance between pessimism and optimismBill Gates is a great example of how effective this hidden skill is. What Gates seems to get is that you can only be an optimism in the long run if you're pessimistic enough to survive the short run.
Persons: Bill Gates, Melinda Gates, Charlie Rose, Warren Buffett's, Gates Organizations: NEW, Breakthrough Energy, Melinda Gates Foundation, The New York, Climate, The Times Center, Microsoft Locations: New York City
[1/2] Airplane model is placed on displayed Spirit Airlines and jetBlue Airways logos in this illustration taken, June 21, 2022. JetBlue CEO Robin Hayes defended the deal being challenged by the U.S. Department of Justice in federal court in Boston, saying a merger was the only way to grow JetBlue into a long-term national challenger to the dominant airlines. "You'd never ever get to the size they are based on organic growth," he testified under questioning by JetBlue lawyer Ryan Shores. The Justice Department counters that passengers would suffer roughly $1 billion in net harm annually if JetBlue absorbs Spirit, causing fares to rise. The trial is a rarity for the Justice Department, which historically has approved airline mergers without trials conditioned on asset divestitures.
Persons: Dado Ruvic, Robin Hayes, Hayes, You'd, Ryan Shores, Edward Duffy, JetBlue, District William Young, Nate Raymond, Alexia Garamfalvi Organizations: Airlines, jetBlue Airways, REUTERS, Rights BOSTON, JetBlue Airways, Spirit Airlines, U.S, JetBlue, U.S . Department of Justice, The Justice Department, Democratic, District of Columbia, United Airlines, American Airlines, Delta Air Lines, Southwest Airlines, Department, District, Justice Department, Thomson Locations: Boston, New York City, Newark , New Jersey, Fort Lauderdale . U.S
They beat out banks, friends, and celebrities as the most frequent source of financial advice. Another survey found that over 6 in 10 Gen Z said they were still financially dependent on their parents. AdvertisementAdvertisementYounger people in need of financial advice are not turning to banks or successful entrepreneurs — they're going to mom and dad instead. To be sure, family isn't the only source of financial information for Gen Z. AdvertisementAdvertisementThat made it the most frequent source among the 948 US Gen Z respondents surveyed, slightly edging out web searches and family.
Persons: Gen Z, , Insider's, Bill Gates, Experian, Z Organizations: Service, Morning, Microsoft, Experian, CFA Institute, Financial Industry, Authority Investor Education Foundation
It’s a great time to be rich in New York City. Everyday life is increasingly unaffordable for most New Yorkers, but a new class of private, members-only and concierge services is emerging as a kind of gated community within the city. It all adds up to a city where the adages about New Yorkers of all backgrounds living and working shoulder to shoulder might now come with an asterisk. The rich have long sought to avoid the inconveniences baked into city life. Even the mayor’s favorite haunt is a members-only club.
Persons: It’s, hoi, Locations: New York City, New York
Even billionaires wish they could go back in time and give their younger selves some wisdom. That goes for three of the world's more popular business icons: Mark Cuban, Bill Gates and Ray Dalio. Each amassed their fortunes through entrepreneurship: Cuban built a startup that was acquired by Yahoo for $5.7 billion, Gates co-founded tech giant Microsoft, and Dalio created Bridgewater Associates, one of the world's largest hedge funds. All three of them have experienced the heights of success — and each has regrets about the paths they took to get there. For example, as Dalio wrote during a Reddit "Ask Me Anything" Q&A in 2019: "The big message I would want to have given myself is: 'Why are you so stupidly arrogant!?!'"
Persons: Mark Cuban, Bill Gates, Ray Dalio, Gates, Dalio Organizations: Yahoo, Microsoft, Bridgewater Associates
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