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Meta's top product design executive announces departure
  + stars: | 2022-10-14 | by ( ) www.reuters.com   time to read: 1 min
Oct 13 (Reuters) - Meta Platforms' (META.O) top product design executive, Vice President Margaret Stewart, said in a Facebook post on Thursday that she was leaving after more than 10 years at the company. Among other duties, Stewart oversaw a Responsible Innovation team that focused on identifying potential harms in products before they were built but was dissolved earlier this year. In her post, she said she was "sad" about the reorganization. She also said she had not yet decided on a plan for what she would do next. Register now for FREE unlimited access to Reuters.com RegisterReporting by Katie Paul; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.
LONDON, Oct 14 (Reuters) - A British newspaper on Friday pitted Liz Truss in a race against a lettuce, asking readers if they thought the under-fire prime minister would lose her job before the vegetable decayed. loadingThe tabloid Daily Star set up a live feed of an unrefrigerated iceberg next to a photo of Truss. Register now for FREE unlimited access to Reuters.com RegisterThe stunt echoed a comment at the other end of Britain's journalistic spectrum. Truss's political role model, 1980s prime minister Margaret Thatcher, was widely known as the Iron Lady. Register now for FREE unlimited access to Reuters.com RegisterReporting by John Stonestreet; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.
Sixty vasectomies will be offered over three days in and outside Planned Parenthood clinics in St. Louis, Springfield and Joplin to uninsured patients during the first week of November amid what the clinics say is a surge in demand for the procedure. Guarin also plans to offer discounted vasectomies that month at his regular clinic in the Des Moines area. Guarin, who serves on the medical advisory board for the World Vasectomy Day, helped offer vasectomies last year at the Planned Parenthood in St. Louis to raise awareness about the procedure. In July alone, the Planned Parenthood of the St. Louis Region and Southwest Missouri performed 42 vasectomies, compared to 10 in the same month last year. Dr. Margaret Baum, the medical director of Planned Parenthood of the St. Louis Region and Southwest Missouri, will be partnering with Guarin to provide the free vasectomies.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVolatility in the market reflects investor sentiment for Fed policyMargaret Patel, Allspring Global Investments senior portfolio manager, joins 'Power Lunch' to discuss the likelihood of more upside in bond yields, markets feeling toward rate performance, and the potential for further economic erosion.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Allspring Global Investments' Margie PatelMargaret Patel, Allspring Global Investments senior portfolio manager, joins 'Power Lunch' to discuss the likelihood of more upside in bond yields, markets feeling toward rate performance, and the potential for further economic erosion.
‘The Joy Luck Club’ may be getting a sequel
  + stars: | 2022-10-13 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +1 min
CNN —Almost 30 years after the groundbreaking Asian American film “The Joy Luck Club” released, plans are being made for a new movie that will catch up with the characters from the original. According to Deadline, a sequel is in development with Oscar-winning screenwriter Ron Bass and author Amy Tan that will continue the story based on her bestselling novel of the same name. The 1993 film starred Rosalind Chao, Lisa Lu, Tamlyn Tomita, and Ming-Na Wen. It told the multi-generational tale of a group of Chinese mothers and their Chinese American daughters. A director has yet to be announced for the new film.
‘The Joy Luck Club’ is getting a sequel
  + stars: | 2022-10-12 | by ( ) www.nbcnews.com   time to read: +2 min
Novelist Amy Tan and Oscar-winning “Rain Man” screenwriter Ron Bass are on board to deliver a sequel to “The Joy Luck Club,” the 1993 movie that broke new ground for Asian American representation. The new film, “Joy Luck Club 2,” is set up at Ashok Amritraj’s Hyde Park Entertainment Group, with Ashok and Priya Amritraj producing alongside Tan, Bass and Jeff Kleeman. The original “Joy Luck Club,” directed by Wayne Wang, was an epic, multigenerational saga of Chinese and Chinese-American mothers and daughters, whose histories, stories and lives interweave as they navigate life. In “Joy Luck Club 2,” the mothers become grandmothers and the daughters become mothers in their own right, introducing a new generation exploring their own relationships with culture, heritage, love, womanhood and identity. The original film debuted in limited commercial release in September 1993 and also played at the Toronto International Film Festival.
A body believed to be that of a California woman reported missing two months ago was found at a wrecked car that apparently went off a cliff, officials said Tuesday. Jolissa Fuentes, 22, was reported missing Aug. 8 after she didn’t return home and couldn’t be reached, police said. Fresno County Sheriff's Office via FacebookOn Monday, searchers found the wreckage of Fuentes’ car and a body, along with the woman’s belongings, in a ravine near Pine Flat Lake, officials said. "He promised me he was going to find my daughter,” Fuentes’ father, Joe Fuentes, said at Tuesday’s news conference. Alcaraz said he went to the area because he had a fresh set of eyes, and "I just got lucky."
For the author, it was critical to place Miu, an Asian American mother and fugitive poet, at the forefront of a protest movement in her book. It was, in a way, a nod to the awareness that Asian American women more generally have long had around violence, preceding the rise in anti-Asian hate during the pandemic. Research previously showed that 21% to 55% of Asian women in the U.S. report having experienced intimate physical and/or sexual violence during their lifetimes, according to the Asian Pacific Institute on Gender-Based Violence. “As an Asian American woman, I feel like I’ve been aware of the possibility of violence for most of my life. “In the case of PACT, it’s the idea that there’s a right way to be American,” Ng said.
LONDON — British Prime Minister Liz Truss on Monday ditched her signature plan to cut taxes for the country's top earners after it triggered market turmoil and a huge domestic outcry. The pound rose after the announcement to around $1.12 — about the value it held before the Sept. 23 budget announcements. The dramatic reversal comes just hours after Truss defiantly defended the tax cut and her broader radical economic agenda, saying it was necessary to solve the country’s long-term economic woes. Faced with a growing political rebellion after days of economic chaos, the government said early Monday it was abandoning the plan. The plan to cut taxes for the wealthy was part of a broader "mini-budget" announced soon after the new administration took office.
LONDON — If anyone thought Britain was due a period of calm after Boris Johnson’s tumultuous premiership, no one told his successor. But the proposed solution by new Prime Minister Liz Truss has quickly sent the economy spiraling into chaos, threatening consequences both immediate and long-lasting for many Britons. Prime Minister Liz Truss's government unveiled a financial plan last week that sparked market concern and public criticism. The nose-diving pound will also make everyday products in Britain more expensive as importers face spiraling costs. It wants to supercharge Britain’s sluggish economy by any means necessary — even if that means short-term shocks.
The sudden sell-off in the pound and U.K. bond markets led economists to anticipate more aggressive interest rate hikes from the Bank of England . I was surprised when the new chancellor spoke over the weekend of the need for even more tax cuts," Summers said on Twitter. U.K. inflation unexpectedly fell to 9.9% in August, and analysts recalibrated their eye-watering expectations after the government stepped in to cap annual household energy bills. 'Emerging market currency crisis'Sterling has fallen by roughly 7-8% on a trade-weighted basis in less than two months, and strategists at Dutch bank ING noted Tuesday that traded volatility levels for the pound are "those you would expect during an emerging market currency crisis." The likening of the U.K. to an emerging market economy has become more prevalent among market commentators in recent days.
HONG KONG—Cardinal Joseph Zen, a 90-year-old retired bishop and outspoken democracy advocate, appeared in court to face trial over his involvement in providing aid to protesters who swarmed the city in 2019 and triggered a broad political crackdown. The cardinal, alongside other campaigners including local pop singer Denise Ho and prominent barrister Margaret Ng, were among six people charged with allegedly failing to register a fund that offered legal and financial aid to arrested pro-democracy protesters.
Factbox: A history of UK currency crises and crashes
  + stars: | 2022-09-26 | by ( ) www.reuters.com   time to read: +5 min
The currency fell as low $1.0327 at one point. read more It has fallen almost 8% since Thursday and 21% since the start of the year, a pace drawing comparisons with the currency crises that have marked Britain’s post-war history. Britain also used some creative accounting to hide the extent of its foreign exchange reserves losses, such as in a 12.5 billion pound "secret negative forward book". Against a soaring U.S. currency swelled by global trade imbalances, parity with the dollar - once unthinkable - became a real possibility. A briefing to the media in January 1985 from Prime Minister Margaret Thatcher’s press secretary, intended to reassure financial markets, backfired badly.
Jim O'Neill, former Goldman Sachs Asset Management chairman and a former U.K. Treasury minister, said the pound's fall shouldn't be misinterpreted as dollar strength. The announcement Friday featured a volume of tax cuts not seen in Britain since 1972 and an unabashed return to the "trickle-down economics" promoted by the likes of Ronald Reagan and Margaret Thatcher. The radical policy moves set the U.K. at odds with most major global economies against a backdrop of sky-high inflation and a cost-of-living crisis. Ibrahim added that this would imply further suffering for U.K. financial markets due to the "unfavorable policy mix" over the near term. The British lender expects the government to clarify its plans to balance the books through "spending cuts and reform outcomes" ahead of the November budget statement, which Montagne suggested "should help to deflect immediate concerns relating to large unfunded tax cuts."
CNN —KiKi Layne may not appear much in “Don’t Worry Darling,” but the actress says the experience wasn’t a total bust. “They cut us from most of the movie, but we thriving in real life.”In addition to posting a video and a series of photos from onset of the film, she wrote, “Love you Ari” and included #GotMyCheck #GotMyMan #EverythingHappensforaReason. Layne plays Margaret and Statchel plays Ted in the film, which stirred buzz even before its recent box office-topping premiere weekend. CNN has reached out to a representative for Wilde for comment on Layne’s comments about her reduced role in the film. A source close to the project told CNN that Layne’s role was an important one to the film, adding that “movies are edited in service to the story all the time.”
Opinion: The British Empire: A legacy of violence?
  + stars: | 2022-09-25 | by ( Peter Bergen | ) edition.cnn.com   time to read: +19 min
A related question is also surfacing now: What is the legacy of the British Empire writ large? Bergen: This reassessment of British Empire: You are leading the charge. Bergen: So, are the British in high school as they learn about British history being told a bunch of fairy tales? Are there similarities between the 1619 Project and what you and other colleagues are doing in your reassessment of the British Empire? And I think that’s what we’re seeing in different kinds of ways with the history of the British Empire.
Handout photo from Buckingham Palace of the ledger stone at the King George VI Memorial Chapel, St George's Chapel, Windsor Castle, Britain in this undated handout released September 24, 2022. Royal Collection Trust/The Dean and Canons of Windsor/Handout via REUTERSLONDON, Sept 24 (Reuters) - Buckingham Palace published a photograph on Saturday from Queen Elizabeth's final resting place at the royal chapel in Windsor, featuring a ledger stone bearing her name and those of her parents, and husband Prince Philip. The stone, made of black Belgian marble, sits in the King George VI Memorial Chapel which Queen Elizabeth commissioned in 1962 as a burial place for George VI, her father. Queen Elizabeth's sister, Princess Margaret, is also interred at the chapel, at Windsor Castle west of London. Elizabeth died on Sept. 8 at Balmoral Castle, her summer home in the Scottish highlands, after 70 years on the throne.
British Prime Minister Liz Truss and U.S. President Joe Biden formally met for the first time at the United Nations General Assembly in New York City, following clashes in economic policy between the two leaders. Biden, in a tweet Tuesday, said he was "sick and tired of trickle-down economics," adding "it has never worked." Liz Truss U.K. prime ministerCritics, including Britain's opposition Labour party, have argued that such measures disproportionately benefit the wealthy. Questions have also been raised over how the policies will be funded, with tax cuts expected to lead to higher borrowing. Truss has argued that resultant growth will bring in more revenue which will cover those borrowing costs.
LONDON, ENGLAND - SEPTEMBER 19: The coffin of Queen Elizabeth II passes through Horse Guards Parade during the State Funeral of Queen Elizabeth II at Westminster Abbey on September 19, 2022 in London, England. Chris J Ratcliffe/Pool via REUTERSWESTMINSTER ABBEY, London, Sept 19 (Reuters) - As the last notes of the poignant Last Post trumpet fanfare echoed around the vaulted ceilings of London's historic Westminster Abbey, a deep silence pervaded the majestic gothic cathedral. World leaders and dignitaries from about 200 countries and territories, some openly hostile to each other, united briefly for two minutes of silence in a show of tribute at the state funeral of Britain's Queen Elizabeth. Some members of Queen Elizabeth's family had pain etched on their faces as they followed her coffin into the Abbey. For the leaders of those realms, Monday's funeral was likely to represent not just a farewell to Elizabeth but a goodbye to monarchy.
Queen Elizabeth's coffin reaches Windsor chapel ahead of burial
  + stars: | 2022-09-19 | by ( ) www.cnbc.com   time to read: +4 min
The hearse carrying the coffin of Britain's Queen Elizabeth is escorted along the Long Walk towards Windsor castle in the funeral procession, on the day of the state funeral and burial of Britain's Queen Elizabeth, in Windsor, Britain, September 19, 2022Later the attention switched to St George's Chapel in Windsor Castle, where some 800 guests attended a committal service ahead of her burial. The coffin entered to lines of scripture set to a score used at every state funeral since the early 18th century. The casket was taken from Westminster Abbey to Wellington Arch and transferred to a hearse to travel to Windsor, where more big crowds waited patiently. Among the crowds who came from around Britain and beyond, people climbed lampposts and stood on barriers and ladders to catch a glimpse of the royal procession. "I've been coming to Windsor for 50 years now," said Baldev Bhakar, 72, a jeweler from the nearby town of Slough, speaking outside Windsor Castle.
Windsor Castle is the resting place of more than a dozen English and British kings and queens. Most are buried in St. George's Chapel, including Henry VIII, who died in 1547, and Charles I, who was beheaded in 1649. The queen will be buried at the King George VI Memorial Chapel, which is next to the quire of the main St George's Chapel. St George's Chapel hosted the funerals of Philip, the queen's father, her grandfather George V, and great-grandfather Edward VII. Prince William, now heir to the throne, was confirmed there.
GOP governors have been sending migrants to eastern cities in protest of Biden's immigration policies. The lawmakers say Biden's administration isn't doing enough at the border. Former DHS Secretary Jeh Johnson said it's unfair to say the Biden administration is "lax" on immigration. Johnson added that border security is a lot tougher since he served as DHS Secretary eight years ago. His remarks come as several GOP governors began sending migrants to northern US cities.
Register now for FREE unlimited access to Reuters.com RegisterPin-drop silence fell over London's Hyde Park nearby as thousands of people, who for hours had picnicked and chatted, went quiet the second the queen's coffin appeared on screens erected for the occasion. Inside the abbey, lines of scripture were set to music that has been used at every state funeral since the early 18th century. Among those walking behind the casket was the queen's great-grandson and future king, nine-year-old Prince George. Those who had camped out in nearby streets were watching the service on smartphones, while hush descended along the Mall, one of London's grand ceremonial boulevards, as the funeral service was relayed live through loudspeakers. 1/35 The funeral of Her Majesty Queen Elizabeth II in Westminster Abbey.
Inside the abbey, lines of scripture were set to music that has been used at every state funeral since the early 18th century. Those who had camped out in nearby streets were watching the service on smartphones, while hush descended along the Mall, one of London's grand ceremonial boulevards, as the funeral service was relayed live through loudspeakers. 1/35 The funeral of Her Majesty Queen Elizabeth II in Westminster Abbey. The 40th sovereign in a line that traces its lineage back to 1066, Elizabeth came to the throne in 1952, Britain's first post-imperial monarch. "Queen Elizabeth II was without any shadow of a doubt the best known figure in the world, the most photographed person in history, the most recognisable person," historian Anthony Seldon told Reuters.
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