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☆ Lisa Lane, Chess Champion Whose Reign Was Meteoric, Dies at 90
▼ + stars: | 2024-03-25 | by ( Dylan Loeb Mcclain | ) www.nytimes.com time to read: +1 min

Lisa Lane, an early star of American chess who was a two-time United States women’s champion and the first chess player to appear on the cover of Sports Illustrated, died on Feb. 28 at her home in Carmel, N.Y., in Putnam County. Her death was confirmed by the town clerk’s office in nearby Kent, N.Y., which registered her death. Ms. Lane was a late bloomer in chess. Within two years, she had won the United States women’s championship. Wherever she went, people commented on her looks as much as on her chess ability, if not more so.

Persons: Lisa Lane, Lane, bloomer Organizations: Sports Illustrated, Temple University, United, United States women’s Locations: States, Carmel , N.Y, Putnam County, Kent, N.Y, Philadelphia, United States

☆ Mathilde Collin built a $1.7 billion email startup by the time she was 32. She's now stepping back at an inflection point for Front.
▼ + stars: | 2024-03-25 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

And so last fall, Collin kicked off a search for a new board director, to fill in her knowledge gaps. Now, Collin says she will step down as chief executive of Front after her hunt for a board director took an unexpected turn. She will move into an executive chair role on April 15, when O'Connell takes up the mantle as chief executive, Front tells Business Insider exclusively. Known for her sharp wit and radical candor, Collin started the business out of college in her native France. Advertisement"We're at a scale now where the CEO can't come in and sort of wave the proverbial magic wand and make things happen," said Mohammed Attar, Front's chief product officer.

Persons: Mathilde Collin, Collin, Dan O'Connell, O'Connell, Garry Tan, Paul Buchheit, Jack Altman, Kyle Vogt, Cruise, Jeff Lawson, Mohammed Attar, —, Josh Stein, Stein Organizations: Service, Business, Dialpad, Front Locations: San Francisco neighborhood, France, Dialpad

☆ Opinion | Why I Can’t Wait for the Sun to Go Dark
▼ + stars: | 2024-03-25 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

In 1991, I went to Teotihuacán, Mexico, to watch a total solar eclipse from the Pyramids of the Sun and the Moon. At the time of totality, it just got really dark. I didn’t see a hole in the sky surrounded by a shimmering corona or any other eclipse phenomena: Baily’s beads, the diamond ring. Eclipse-watching, on the other hand, is very much like economics in that it’s vulnerable to all kinds of uncontrollable effects. “People laugh, cry, stare dumbfounded, jump up and down,” Peter Tyson, editor in chief of Sky & Telescope magazine, wrote in a special issue this year.

Persons: …, dumbfounded, ” Peter Tyson, ” Kate Russo Organizations: Sun, Sky & Locations: Teotihuacán, Mexico, Plattsburgh, N.Y, Lake Champlain

☆ BMW dropped a first glimpse of its new electric SUV, ready to rival Tesla
▼ + stars: | 2024-03-24 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

BMW unveils its Vision Neue Klasse X, a futuristic electric vehicle. The new model is set to compete with EVs like Tesla Model Y. AdvertisementThe first look at the BMW Vision Neue Klasse X, shows the company's futuristic and sleek design of its electric car range set to hit the roads in 2025. Last year, BMW revealed the first images of the Vision Neue Klasse — its next-generation electric vehicle range. The Vision Neue Klasse X is a larger model, SUV, which will compete against EVs like the Tesla Model Y, according to Bloomberg.

Persons: — Organizations: BMW, Tesla, Service, EVs, Bloomberg, Business

WASHINGTON — The Senate voted 74-24 early Saturday morning to pass a sweeping $1.2 trillion government funding bill after heated last-minute negotiations caused senators to breach the midnight deadline to avert a shutdown. The legislation, which passed the House on Friday morning by a vote of 268-134, now goes to President Joe Biden, who has said he'll sign it into law. Sen. John Kennedy, R-La., said it was "typical" and "juvenile" for the Senate to wait until the 11th hour to act on the bill. And at nearly six months into the fiscal year, it's unusually late in the game to be haggling over the funding measures. The latest bill was released Thursday and passed by the House on Friday morning, leaving little time for the Senate to act.

Persons: WASHINGTON —, Joe Biden, Biden, Sen, Chris Murphy, Conn, Murphy, John Kennedy, Chuck Schumer, It's, Schumer, it's Organizations: U.S . Capitol, WASHINGTON, White, NBC News, State , Defense, Labor, Health, Human Services, Homeland Security, Senate Locations: Washington , DC, Congress

☆ Sam Altman's mission to increase human lifespan with a $180 million shipping container experiment at Retro Biosciences
▼ + stars: | 2024-03-23 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +11 min

Called Retro Biosciences, the startup's goal is simple yet supremely ambitious: Add 10 healthy, enjoyable years onto the back end of our lifetimes. But Retro Biosciences actually fits quite neatly into Altman's futuristic worldview. Retro BiosciencesRetro Biosciences sits about 30 miles south of OpenAI's San Francisco headquarters, where ChatGPT was hatched. Joe Betts-LaCroix is the CEO of Retro Biosciences. There are things we already know work super well to improve human longevity, like exercise, diet, faith, and social support.

Persons: Sam Altman, he's, Elon Musk, Mark Zuckerberg, Altman, Instacart —, Joe Betts, LaCroix, isn't, Betts, Retro's, spry, Yamanaka, Shinya Yamanaka, it's, they've, Sora, Thiel, Jeff Bezos, Bezos, Yuri Milner, Billionaire Peter Thiel, He's, Aubrey de Grey, Christian Angermayer, biogerontologist Daniel Promislow, Altman's, Matt Buckley Organizations: Business, OpenAI, Biosciences, Harvard, MIT, Caltech, Extension, Apple, Stanford University, Retro, Bezos, Labs, Billionaire, Cambrian, Retro Biosciences, Bloomberg Locations: geroscience, Silicon Valley, OpenAI's San Francisco, Meta, Golden City, Retro.bio, Redwood City , California, San Diego

☆ Reddit's co-founder is bickering with investors on the company's big IPO day
▼ + stars: | 2024-03-21 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +4 min

But Reddit's co-founder took to X to call out a perceived slight by investor Initialized Capital. But it's not all sunshine and roses for Reddit, whose co-founder and early investors are bickering on social media. Alexis Ohanian called out Initialized Capital investors on X after the firm's social media account failed to congratulate him by name on Reddit's IPO. Garry Tan tweeted a congrtulations to both Alexis Ohanian an Steve Huffman on Reddit's IPO. Ohanian, Tan, and representatives for Initialized Capital did not immediately respond to requests for comment.

Persons: Reddit, Reddit's, —, it's, Alexis Ohanian, Steve Huffman, Y, Garry Tan —, Ohanian, Tan, Brett Gibson, Jen Wolf, @jenhwolf, George Floyd's, Michael Seibel, Tan's, confidentially, Instacart, Huffman, Garry Tan, Garry Organizations: Service, Twitter, VC, NYSE, New York Stock Exchange

☆ Lawmakers release text of $1.2 trillion spending bill as shutdown deadline nears
▼ + stars: | 2024-03-21 | by ( Sahil Kapur | ) www.cnbc.com time to read: +3 min

WASHINGTON — Lawmakers early Thursday morning released the text of a $1.2 trillion government funding bill negotiated by the White House and leaders of both parties to avoid a partial government shutdown this weekend. Those federal agencies are scheduled to shut down on Saturday if the funding package is not passed by Friday night. President Joe Biden has said he'll sign the bill, but it's unclear whether Congress has enough time to pass it before the deadline. It is the last remaining funding package that Congress has to pass this fiscal year, which ends after September. After the House passes the bill, the Senate will require unanimous consent to vote quickly.

Persons: Joe Biden, Mike Johnson, Johnson, Hakeem Jeffries, Biden, Chuck Schumer, Schumer, Mitch McConnell, — Frank Thorp Organizations: WASHINGTON — Lawmakers, White, Homeland Security, Defense, State, Labor, Health, Human Services, DHS, Internal Revenue Service, Republicans, House Republicans, House, Department of Homeland Security Locations: Washington, Washington , DC, D, Ky

SAN FRANCISCO (AP) — Former CNN reporter Don Lemon mixed it up with Tesla CEO Elon Musk in an interview Lemon posted on Musk’s X social network Monday. The interview was supposed to kick off Lemon’s new talk show on X, formerly known as Twitter, at least until Musk canceled the show shortly after the interview was recorded. MUSK USES KETAMINE TO TREAT POSSIBLE SYMPTOMS OF DEPRESSIONMusk is “almost always” sober when posting on X late at night, he told Lemon. But in his interview with Lemon he did argue, on shaky evidence, that a surge of undocumented immigrants has skewed U.S. elections in favor of Democrats. Lemon pointed out that undocumented immigrants can't vote and thus can't really favor either political party.

Persons: —, Don Lemon, Elon Musk, Lemon, Musk, ” Musk, ”, you've, “, Donald Trump, “ Let's, Trump, hasn't, Biden, I've Organizations: FRANCISCO, CNN, Tesla, Twitter, TRUMP, “ Locations: Florida, U.S, Washington

☆ The No. 1 habit to teach kids to give them a 'significant advantage,' from psychology expert with 40 years experience
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: +5 min

The complexity of meaning carried in our voices — including pitch, tone, volume, and emphasis, qualities known as vocalics — is extraordinary. There is a strong and consistent association between the ability to identify emotion in voices and social success, research shows. Children who learn to successfully use vocalics have a significant advantage when it comes to communication and connection. Here's how parents can teach their kids about vocalics, to help them effectively connect with their peers. Make recordings of your child's voice — and play them for herFew of us enjoy hearing a recording of our voices.

Persons: —, I'm, Dr, Alexia Rothman, Mary, Stephen Nowicki, Charles Howard Candler, Nowicki Organizations: Emory University, Psychological Center, Counseling, CNBC

☆ Risky commercial real estate investments are getting squeezed as the market collapses
▼ + stars: | 2024-03-19 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Delinquent assets are taking over investment products that bundle risky commercial real estate debt, Bloomberg reported. Issuers are extending maturities and buying back delinquent loans. Between 2019 and 2021, CLO issuance skyrocketed from $19 billion to $45 billion, Bloomberg found. Others are using cash reserves to buy out delinquent loans, purchasing a record $1.3 billion last year, according to JPMorgan estimates cited by the outlet. AdvertisementIssues with CLOs reflect a bigger theme in commercial real estate, as even investment grade projects face debt concerns.

Persons: —, CLOs Organizations: Bloomberg, Service, Investment, JPMorgan, Barclays

The other five funding bills were effectively settled by the end of last week, with only the Homeland Security bill presenting deep divisions Republicans and Democrats were unable to settle. The deal is being negotiated by Johnson, Senate Majority Leader Chuck Schumer, D-N.Y., the White House and top appropriators in both chambers. Republicans rejected additional funding for ICE in a bipartisan border deal agreed to by senators and the White House, demanding additional policy changes. But they, too, have demands in the funding bill. The White House has also sought increased flexibility to aid border operations, sources with knowledge of the discussion said.

Persons: Mike Johnson, he'll, Johnson, Chuck Schumer, Bob Good, Chip Roy, Joe Biden's, they're Organizations: WASHINGTON, Congressional, Department of Homeland Security, State , Defense, Homeland Security, Labor, Health, Human Services, Republicans, Democrats, DHS, White, Congress, Immigration, Customs, ICE Locations: Texas

☆ Top U.S. congressional Republican and Democrat say a deal has been reached on spending
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: +2 min

Republican House Speaker Mike Johnson and Democratic Senate Majority Leader Chuck Schumer revealed the agreement in a pair of statements on Tuesday morning. The actual legislative text of the agreement, which must be finalized before lawmakers can vote on it, is still being completed. The package was expected to cover about three-quarters of discretionary government spending, due to come in at about $1.66 trillion for the fiscal year ending Sept. 30. Biden and House Republicans earlier this month laid out proposed budgets for the next fiscal year, which begins in October, that offered sharply contrasting priorities. Democrats and Republicans in Congress have been fighting since early last year on funding levels amid a push by hardline House Republicans to cut more spending than had been agreed to in a bipartisan deal enacted into law last June.

Persons: Charles Schumer, Mike Johnson, Joe Biden, Donald Trump, Chuck Schumer, Biden, Johnson Organizations: U.S, Capitol, Republican, Democrat, Congress, Department of Homeland Security, Democratic, U.S ., House Republicans, Russia, Republicans Locations: U.S, Mexico, Ukraine

☆ Drake Bell Opens up to BI About Sexual Abuse, the Nickelodeon 'Factory,' and 'Quiet on Set'
▼ + stars: | 2024-03-19 | by ( Kate Taylor | ) www.businessinsider.com time to read: +26 min

He acted out, showing up to the "Drake & Josh" set late and hungover. "If I'm going to tell my story, this is how it was supposed to be told," Drake Bell, pictured here at his studio in Mexico City, recently told BI. In the second season, Brian Peck (who is unrelated to Bell's "Drake & Josh" costar Josh Peck) joined as a dialogue coach. Bell told BI that Nickelodeon "was a factory," treating child actors like kings one day only to throw them to the curb the next. Bell told BI that, in some ways, his music and the docuseries serve the same purpose.

Persons: Drake Bell, Drake, Josh, tweens, Dan Schneider, Bell, Brian Peck, Peck, Schneider, he's, he'd, Robin Dodson, Joe Bell, bro Totally Kyle, Tony, Ana Topoleanu, Amanda, Josh Peck, Kenan, Kel, Leonardo DiCaprio, Bryan Singer, James Marsden's, Tom DeSanto, Dan, Bell's, worrisome, Joe, hadn't, Gary Livingston, I'd, Dodson, I'm, heartthrob, James Marsden, Alan Thicke, Strong, Lynne Murphy, Penn Badgley, Forrest Gump, Will Friedle, Brian, Friedle, I've, don't, spiraled, He'd, Janet Von Schmeling, Von Schmeling, Jennette McCurdy, Amanda Bynes, Aaron Carter, Emma Schwartz, Jaime Nogales, Singer, Pan, Mary Robertson, Kate Taylor Organizations: Nickelodeon, Business, Kids, Maxine Productions, Sony Pictures, Bell, Daytona Beach Police Department, Getty, Los Angeles Police Department, Ford, Hollywood, BI, Disney, Netflix, US, Cleveland, The New York Times, Times, Daily Mail, Orlando, Pan Am, & $ Locations: Mexico City, Newport Beach , California, Bell, Hollywood, Orange, Los Angeles, Valley Glen, Angeles, Los Feliz, San Diego, Feliz, Glendale , California, Mexico, California, Ohio, Florida, pompadour

☆ Conservative Influencer Is Charged in Jan. 6 Attack
▼ + stars: | 2024-03-18 | by ( Livia Albeck-Ripka | ) www.nytimes.com time to read: +1 min

A conservative social media influencer has been arrested on misdemeanor charges related to her involvement in the Jan. 6, 2021, riot at the U.S. Capitol, including an accusation that she helped to steal a table that the F.B.I. says was used to assault officers, according to court documents. The influencer, Isabella M. DeLuca, 24, of Setauket, N.Y., was arrested on Friday in Irvine, Calif., in Orange County, on several charges, including theft of government property, entering a restricted building, disorderly conduct and demonstrating in a Capitol building. After Ms. DeLuca “passed the table out of the window,” according to the complaint, she appeared to use her cellphone to record video or take photographs of rioting. She later deleted several social media posts relating to the attack in a likely “attempt to thwart any subsequent criminal investigation,” according to the complaint, which was prepared by an F.B.I.

Persons: influencer, Isabella M, DeLuca, Ms, DeLuca “ Organizations: U.S . Capitol, Capitol, District of Columbia Locations: Setauket, Irvine , Calif, Orange County, U.S

☆ Jim Cramer shares his thoughts on 5 stocks including Tesla, Hertz and Super Micro
▼ + stars: | 2024-03-18 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Tesla : Shares rose 5% after the electric vehicle maker announced plans to increase prices of its Model Y cars in April. Super Micro Computer : Shares fell more than 2% Monday, coinciding with the buzzy maker of artificial intelligence servers officially joining the S & P 500. Vertiv Holdings : Bank of America boosted its price target on Vertiv shares to $90 each from $80, citing more sustained revenue and earnings growth projections due to AI-related expansion in data centers overall. Vertiv makes electrical products used in data centers, among other areas. He noted the Club owns electrical equipment maker Eaton Corp. as a way to play the growth of data centers due to AI's power-intensive needs.

Persons: Jim Cramer's, It's, Jim Cramer, Stephen Scherr, Hertz, Morgan Stanley, Cramer, Eli Lilly, Vertiv Organizations: CNBC, Club, Hertz, PepsiCo, Pepsi, Novo Nordisk, Super, Vertiv Holdings, Bank of America, Eaton Corp

☆ Behind Trump's campaign cash crunch: Small-dollar donor fatigue, major donor hesitation
▼ + stars: | 2024-03-18 | by ( Brian Schwartz | ) www.cnbc.com time to read: +12 min

The drop in Trump's small-dollar contributors could be significant obstacle as the former president faces the well-funded incumbent president, Democrat Joe Biden. Falling behind BidenEvidence from earlier in the 2024 election cycle already hinted at an erosion of Trump's small-dollar donor base, or support of $200 or less. In January of this year, Trump's campaign reported raising around $3 million from small-dollar donors, according to data from OpenSecrets. Elizabeth Frantz | ReutersMeanwhile, Trump's campaign told The New York Times that February was its strongest month so far in the 2024 campaign cycle for small-dollar donations. Between Jan. 1 and Dec. 31, 2020, Trump's campaign raised over $264 million from small-dollar supporters.

Persons: Donald Trump, Marco Bello, Reuters Donald Trump's, Joe Biden, Biden, Trump's, Elizabeth Frantz, Trump, Shannon Stapleton, John Paulson, Howard Lutnick, Letitia James, Steve Schwarzman, Miriam Adelson, Denise Truscello, Stephen Louro, Long, Louro, Greg Abbott, Elise Stefanik, Haley, Nikki Haley, MAGA, Adrienne Arsht, Mike Segar, Paul Singer, Singer, Paul Singer David A, Singer's, Lara Trump, Jonathan Drake Organizations: Reuters, White, Republican Party, Federal, Commission, U.S, Capitol, Washington , D.C, New York Times, CNBC, Trump, Republican National Committee, RNC, New York, Court, Trump Organization, AFP, Getty, PAC, Democrats, Blackstone, Cleveland Clinic Lou, Brain Health, MGM, Garden, Hamptons, Republican, New York Republican, Republican Texas Gov, South Carolina Gov, Former South Carolina, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts, Republicans, Haley, Grogan, American Opportunity Alliance, Politico, North, North Carolina GOP Locations: Lago, Palm Beach , Florida, U.S, Washington ,, New York City, Las Vegas , Nevada, York, Former, Miami , Florida, Houston, New York, North Carolina, Greenville , North Carolina

☆ Cuba sees rare protests amid power cuts and food shortages
▼ + stars: | 2024-03-18 | by ( Patrick Oppmann | ) edition.cnn.com time to read: +2 min

Demonstrators took to the streets in at least four cities on Sunday to complain about hours-long power cuts and increasing food scarcity. The island has seen frequent power cuts and shortages of food, fuel, and medicine since the Covid-19 pandemic, prompting Cubans to flee to the United States in record numbers. US diplomats said Sunday they were monitoring the protests and called on the Cuban government to listen to the demonstrators. The Cuban government, which typically does not allow organized dissent, did not say how many protesters had been arrested. After island-wide demonstrations in the summer of 2021, more than 1,000 Cubans were put on trial and convicted of rising up against the communist-run government, according to human rights groups.

Persons: Miguel Diaz, Canel, Fidel Castro’s, Diaz Organizations: CNN, Cuban, country’s Communist Party, Twitter Locations: Santiago de Cuba, Cuba, United States, Miami’s, Cuban, Havana

☆ Crafts Retailer Joann Files for Bankruptcy
▼ + stars: | 2024-03-18 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +2 min

Joann, the arts-and-crafts retailer that has operated for more than 80 years, has filed for bankruptcy as consumers pare back on D.I.Y. Its filing listed liabilities of $1 billion to $10 billion, and assets of $500 million to $1 billion. Joann’s shares will be delisted after its bankruptcy proceedings, and the company will be owned by its lenders and other stakeholders. The private equity firm Leonard Green & Partners bought Joann for roughly $1.6 billion in 2011, and spun it off publicly in 2021. Joann owes about $12 million to Spinrite, a craft yarn supplier, its largest unsecured creditor.

Persons: Joann, pare, Ann, Leonard Green, Jones Lang LaSalle Organizations: Nasdaq, Leonard Green & Partners, FedEx Locations: D.I.Y, Hudson , Ohio

☆ Asus co-CEO says it'd be confident in handling tariffs under a possible second Trump presidency
▼ + stars: | 2024-03-18 | 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 EmailAsus co-CEO says it'd be confident in handling tariffs under a possible second Trump presidencyS.Y. Hsu, co-CEO of the Taiwanese computer hardware manufacturer, says the company will have its production line moved to "some other place" in such a scenario.

Persons: it'd, S.Y, Hsu Organizations: Asus, Trump

☆ Tesla shares gain after Model Y price hike in U.S., Europe
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: +1 min

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Shares of Tesla jumped nearly 7% on Monday after the automaker announced price increases for its Model Y electric vehicles across some European countries and the United States. Tesla said prices of its Model Y vehicles will be increased by approximately 2,000 euros ($2,177) in some European countries effective March 22, according to a company statement on Saturday. It had announced on Friday price hikes for all Model Y cars in the U.S. by $1,000 effective April 1. Tesla shares rose as high as $174.72, up nearly 7%, on Monday following the announcements, making it the biggest percent daily gain in more than a month after sliding for two weeks.

Persons: Tesla, Emmanuel Rosner Organizations: Deutsche Bank Locations: Gruenheide, Germany, United States, U.S

☆ Stocks making the biggest moves midday: Nvidia, Apple, Alphabet, PepsiCo and more
▼ + stars: | 2024-03-18 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Investors see the event as a bellwether for artificial intelligence, as Nvidia is expected to unveil new products and updates. Alphabet , Apple — Shares of the Google parent company gained nearly 7% following a Bloomberg report that said Apple was discussing licensing Alphabet's Gemini artificial intelligence engine into the iPhone. Apple climbed roughly 2%. PepsiCo — The beverage stock rose nearly 4% after an upgrade to overweight from equal weight by Morgan Stanley . PepsiCo's business fundamentals should bottom out early this year and then rebound in the second half, according to Morgan Stanley.

Persons: Apple, Tesla, Morgan Stanley, Uber, — CNBC's Pia Singh, Jesse Pound Organizations: Nvidia —, Conference, Investors, Nvidia, National Association of Realtors, realtors ., —, Google, Bloomberg, Apple, Taiwan Semiconductor Manufacturing, Reuters, Bank of America, PepsiCo, Technologies Locations: San Francisco, Japan

A Chinese business titan pleaded guilty on Monday to federal charges that he made more than $10,000 in straw donor contributions to political candidates — including, a person familiar with the case said, to a New York congressman and Mayor Eric Adams. Hui Qin, 56, of Old Westbury, N.Y., who was once listed on Forbes magazine’s list of billionaires, ran a now-defunct entertainment business called SMI Culture. Image Hui Qin Credit... ImaginechinaMr. Qin asked others to contribute to political campaigns of his choosing, and he agreed to reimburse them, in 2021 and 2022, according to prosecutors. The other figures who received donations were Representative Andrew Garbarino of Long Island and Allan Fung, a former mayor of Cranston, R.I., who ran for Congress, the person familiar with the case said. Both are Republicans, while Mr. Adams is a Democrat.

Persons: Eric Adams, Hui Qin, Imaginechina Mr, Qin, Andrew Garbarino, Allan Fung, Adams Organizations: Forbes, Congress Locations: New York, Old Westbury, N.Y, Manhattan, Qin, Long, Cranston, R.I

ALBANY, N.Y. (AP) — New York will evaluate its troubled recreational marijuana licensing program after lawsuits and bureaucratic stumbles severely hampered the legal market and allowed black-market sellers to flourish, Gov. Hochul, a Democrat, has described the state's recreational marijuana rollout as a “ disaster." The Office of Cannabis Management has just 32 people reviewing license applications but has received about 7,000 applications since last fall, a spokesman said. The state's review will embed Jeanette Moy, the commissioner of the state's Office of General Services, and other state government officials, in the cannabis management agency for at least 30 days. “We have built a cannabis market based on equity, and there is a lot to be proud of," said Chris Alexander, executive director of the Office of Cannabis Management.

Persons: Kathy Hochul, Jeanette Moy, Chris Alexander, Moy Organizations: —, Cannabis, Democrat, Cannabis Management, New York Cannabis, General Services Locations: ALBANY, N.Y, — New York, New York City, New

☆ James D. Robinson III, Former Chief of American Express, Dies at 88
▼ + stars: | 2024-03-18 | by ( Robert D. Hershey Jr. | ) www.nytimes.com time to read: +1 min

James D. Robinson III, who as chief executive of the American Express Company from 1977 to 1993 helped transform Wall Street into a more competitive financial marketplace, with a wide diversity of businesses housed under single roofs, died on Monday in Roslyn, N.Y., on Long Island. The death, at a hospital, was caused by respiratory failure from recurrent pneumonia, Walter Montgomery, a spokesman for the family, wrote in an announcement. A soft-spoken son of the Georgia gentry, Mr. Robinson followed a well-worn path to financial success, power and influence: from private school to the Ivy League and then on to the moneyed canyons of Lower Manhattan, with side trips to the corridors of Capitol Hill. In Washington, he was among Wall Street’s most influential advocates for deregulating the financial industry and widening its horizons. Some called him the unofficial secretary of state for corporate America.

Persons: James D, Robinson III, Walter Montgomery, Robinson, Wall Organizations: American Express Company, Ivy League, America Locations: Roslyn, N.Y, Long, Georgia, Lower Manhattan, Capitol, In Washington

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