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Of all the clichés about hip-hop we’ve endured over 50 years, the idea that hip-hop is the product of “the streets”— with all the attendant implications about what and who is and isn’t authentic — remains the most tiresome. In reality, hip-hop is largely the product of kids who stayed inside. composed in real time — annotating, cross-referencing, and building on a living library of specific beats and sounds that would become the foundation of hip-hop. The records preserve the ethos of the world of the first hip-hop generation. They grew up in 1970s and ’80s New York, largely within African American families or those from the Caribbean.
Organizations: Caribbean . Records Locations: York
How to Care for Your Kid’s Teeth
  + stars: | 2023-09-14 | by ( Melinda Wenner Moyer | ) www.nytimes.com   time to read: +1 min
Pop quiz: At what age should kids first see a dentist? Mott Children’s Hospital, roughly half of parents who responded said they believed they could wait until children were 2 or 3 before going to the dentist. In fact, the American Academy of Pediatric Dentistry recommends that children first see a dentist within six months of the eruption of their first tooth, or by age 1. After that, the organization suggests children see a pediatric or general dentist every six months for cleanings and checkups. Because kids retain some of those teeth until the age of 12 or 13, it’s important to keep them healthy, said Dr. Judy Yip, a pediatric dentist in Garden Grove, Calif. Untreated cavities can lead to serious tooth infections, she said, and can even harm incoming adult teeth.
Persons: Mott, Judy Yip Organizations: Mott Children’s Hospital, American Academy of Pediatric Dentistry, for Disease Control Locations: C.S, America, Garden Grove, Calif
Barclays CEO expects revival of deals over next months
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: 1 min
The logo of Barclays bank is seen on glass lamps outside of a branch of the bank in the City of London financial district in London September 4, 2017. REUTERS/Toby Melville/File Photo Acquire Licensing RightsNEW YORK, Sept 12 (Reuters) - Barclays Chief Executive Officer C.S. Venkatakrishnan on Tuesday said he is seeing signs investment banking activity will recover. The CEO, speaking at an investment conference hosted by the bank in New York, said the conditions to reactivate M&A deals and share offerings are being met, with more stable markets, bank lending in terms attractive to investors and valuation corrections over the last months. Reporting by Tatiana Bautzer and Niket Nishant; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.
Persons: Toby Melville, C.S, Venkatakrishnan, Tatiana Bautzer, Mark Porter Organizations: Barclays, REUTERS, Thomson Locations: City, London, New York
[1/2] Goldman Sachs CEO David Solomon speaks during the Goldman Sachs Investor Day at Goldman Sachs Headquarters in New York City, U.S., February 28, 2023. Goldman Sachs (GS.N) CEO David Solomon told Reuters in an interview on Tuesday that the optimism that the U.S. economy will avoid a recession is prompting capital markets to reopen. "The environment is definitely better," said Solomon, who noted that Goldman was involved in most of the share offerings. Venkatakrishnan told investors at a conference in New York. The dealmaking slowdown had prompted thousands of layoffs at investment banks, including at Morgan Stanley (MS.N), Goldman Sachs and Citigroup (C.N) in recent months.
Persons: Goldman Sachs, David Solomon, Brendan McDermid, Solomon, Goldman, Instacart, we'll, C.S, Venkatakrishnan, Morgan Stanley's, Dan Simkowitz, BofA, Alastair Borthwick, Morgan Stanley, Tatiana Bautzer, Lananh Nguyen, Mark Porter, Jamie Freed Organizations: Goldman, REUTERS, Reuters, Arm Holdings, underwriters, Barclays, Bank of America, Citigroup, Thomson Locations: New York City, U.S, British, New York
Barclays cutting around 450 staff, UK trade union says
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: +1 min
Barclays Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsLONDON, Sept 12 (Reuters) - A British union that represents workers at Barclays (BARC.L) said on Tuesday that the bank was cutting around 450 staff, as the lender cuts costs as it weighs a wider strategy overhaul. The Unite trade union said its members were informed by the bank of the decision. Venkatakrishnan is separately embarking on a wider strategy review, amid some investor dissatisfaction at the bank's underperformance relative to Wall Street investment banks. Reporting by Iain Withers and Muvija M; editing by William James; Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Dominic Hook, Venkatakrishnan, Iain Withers, Muvija, William James, Louise Heavens Organizations: Barclays Bank, REUTERS, Barclays, Reuters, C.S, Thomson
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBarclays CEO Venkatakrishnan: Financial assets are relatively stableBarclays CEO C.S. Venkatakrishnan joins 'Squawk on the Street' to discuss the company’s new credit card partnership with Xbox, the state of the banking industry, and more.
Persons: Venkatakrishnan Organizations: Barclays, C.S, Xbox
NEW YORK, Sept 8 (Reuters) - Barclays (BARC.L) hired Christian Oberle from JPMorgan Chase (JPM.N) to oversee its relationships with private equity (PE)firms in the Americas region, Barclays confirmed on Friday. Oberle will join the British bank as the head of its financial sponsors group in the Americas, and report to Jean-Francois Astier, who leads the group globally. Barclays has long wanted to grow its relationships in PE. Wall Street banks have cut thousands of employees in recent months in response to a slowdown in deals. Reporting by Svea Herbst-Bayliss and Nupur Anand in New York; Editing by Lananh Nguyen and Diane CraftOur Standards: The Thomson Reuters Trust Principles.
Persons: Christian Oberle, Oberle, Jean, Francois Astier, C.S, Venkatakrishnan, Marco Caggiano, Morgan Stanley, Goldman Sachs, Svea Herbst, Bayliss, Nupur Anand, Lananh Nguyen, Diane Craft Organizations: Barclays, JPMorgan Chase, JPMorgan, Wall, Bank of America, Svea, Thomson Locations: Americas, U.S, New York
A branch of Barclays Bank is seen, in London, Britain, February 23, 2022. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON, Sept 8 (Reuters) - Barclays is drawing up plans to cut hundreds of jobs, two sources familiar with the matter told Reuters, as the bank trims its costs while embarking on a wider strategy review. Bloomberg reported earlier on Friday that the bank was weighing hundreds of job losses. Venkatakrishnan is separately embarking on a wider strategy review, amid some investor dissatisfaction at the bank's underperformance relative to Wall Street investment banks. Barclays' Wall Street rivals have also cut jobs this year, as investment banking revenues are taking a long time to recover.
Persons: Peter Nicholls, Venkatakrishnan, Morgan Stanley, Goldman Sachs, Iain Withers, Tatiana Bautzer, Jonathan Oatis Organizations: Barclays Bank, REUTERS, Barclays, Bloomberg, C.S, Wall, Citigroup, Thomson Locations: London, Britain, British
were tested without her consent or knowledge and both tested positive for marijuana. told Ms. Rivers it was opening a neglect case and moved to place T.W. policy states that marijuana in an infant’s system is not grounds for removal without a finding that the baby might be impaired. But it took Ms. Rivers nearly a week, multiple trips to court and a judge’s order — over A.C.S.’s objections — to gain custody of T.W. pursued Ms. Rivers “not because A.C.S.
Persons: Rivers, , Arnold, Porter, A.C.S Organizations: Bronx Defenders, T.W Locations: A.C.S
Singapore’s wealth boom hits most sensitive phase
  + stars: | 2023-09-06 | by ( Anshuman Daga | ) www.reuters.com   time to read: +5 min
REUTERS/Edgar Su Acquire Licensing RightsSINGAPORE, Sept 6 (Reuters Breakingviews) - Singapore’s wealth boom may be set for a pause. The amount involved has almost doubled and banks, realtors and jewellery dealers have been caught up in the ring. It is the most eye-catching saga since 2015 when Singapore’s banks were involved in the 1MDB Malaysian sovereign fund mess. As Singapore’s success as a financial centre grows, so too does its vulnerability to dirty money. A thornier problem is Singapore’s desire to avoid perceptions it is capitalising on the troubles of China, its top trade partner.
Persons: Edgar Su, Una Galani, Katrina Hamlin, Pranav Kiran Organizations: REUTERS, Rights, Reuters, realtors, DBS, Deutsche Bank, Bloomberg, Reuters Graphics Reuters, Monetary Authority of, U.S, Police, Thomson Locations: Marina Bay, Singapore, Rights SINGAPORE, China, Malaysian, Hong Kong, Monetary Authority of Singapore
An ape skull found in Turkey may challenge the belief that human and ape ancestors came from Africa. The discovery suggests that hominins may have first evolved in Europe. The discovery challenges the widely-held view that the ancestors of African apes and humans originated exclusively in Africa. Advertisement Advertisement Watch: This incredible animation shows how humans evolved from early lifeResearchers say that this suggests that hominins might have first evolved in Europe before migrating to Africa. AdvertisementAdvertisement"I don't think this find changes much from the discussions (in a recent paper in the journal Science) which concluded: 'Current evidence suggests that hominins originated in Africa from Miocene ape ancestors unlike any living species.'"
Persons: Erol, David, Chris Stringer, hominins Organizations: Service, University of Toronto, Communications, The Telegraph Locations: Turkey, Africa, Europe, Wall, Silicon, Cankiri, et, London
SummaryCompanies ATM, branch, card services restored -OCBCBank on standby to deploy additional resourcesLarger peer DBS faced 6.5-hour disruption in MayAug 28 (Reuters) - Singapore's second-biggest bank, Oversea-Chinese Banking Corp (OCBC) (OCBC.SI), restored ATM, branch and card services on Monday after grappling with technical problems that disrupted various banking channels. OCBC, which is also Southeast Asia's second biggest lender by assets, had taken to its social media accounts earlier to warn of the issues that began at 8.33 a.m.Internet banking, mobile banking and Velocity arrangements were still affected, an OCBC spokesperson said in a response to Reuters. "We are on standby to deploy additional resources at branches and extend branch banking hours," the spokesperson added. "Our channels were impacted by a technical problem, affecting consumer and business banking customers." On May 5, the digital banking services of larger peer DBS (DBSM.SI) faced a 6-1/2-hour disruption.
Persons: Tharman Shanmugaratnam, Lavanya Ahire, Yantoultra Ngui, Kim Coghill, Clarence Fernandez Organizations: OCBC Bank, DBS, Chinese Banking Corp, Reuters, Monetary Authority of Singapore, Thomson Locations: Oversea, Bengaluru, Singapore
Eggplant Extravaganza
  + stars: | 2023-08-17 | by ( Tanya Sichynsky | ) www.nytimes.com   time to read: +2 min
has a bumper crop!” — AmyIf you find eggplant inedible, either because of its texture or taste, you want recipes that use up as much produce as possible while making it largely undetectable. In Kay Chun’s eggplant and bean chili, eggplant is simmered in a garlicky tomato sauce until it collapses into a chile-spiced ragù. Pairing stewed eggplant with aromatics and protein-packed legumes is a solid strategy: Kay does it again in her recipe for eggplant dal, in which cumin, coriander, garlic, ginger and fresh chile season lentils and eggplant. Bitter eggplant is often undercooked eggplant. And if you’re frustrated with the results of sautéing and baking, try steaming: In about 10 minutes, strips of eggplant are rendered silky in Hetty Lui McKinnon’s recipe for liang ban qie zi, eggplant with garlic, ginger and scallions.
Persons: I’ve, Amy, Kay, — Kay, you’re, Hetty Lui McKinnon’s
European shares open lower as China-exposed miners weigh
  + stars: | 2023-08-16 | by ( ) www.reuters.com   time to read: +1 min
The German share price index DAX graph is pictured as the German index celebrates its 35th birthday at the stock exchange in Frankfurt, Germany, August 15, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsSummaryCompanies STOXX 600 down 0.2%Aug 16 (Reuters) - European shares opened lower on Wednesday as China-exposed miners led losses following lacklustre economic data from Beijing, while UK stocks were pressured by a higher-than-expected core inflation print. By 0708 GMT, the pan-European STOXX 600 (.STOXX) was down 0.2%, after closing at its lowest level in more than a month on Tuesday. European miners (.SXPP) lost 0.8% as traders assessed the prospects of a tepid economic rebound of top metals consumer China. Shares of Alcon (ALCC.S) gained 1.5% after the Swiss eye-care company raised its outlook for full-year net sales and core diluted earnings per share.
Persons: Shashwat Chauhan, Sherry Jacob, Phillips Organizations: REUTERS, Staff, Admiral, Thomson Locations: Frankfurt, Germany, China, Beijing, Swiss, British, Bengaluru
The quarterly results from OCBC, also Southeast Asia's second largest lender by assets, rounded up a strong earnings season by Singapore banks as DBS Group (DBSM.SI) and United Overseas Bank (UOBH.SI) also delivered double-digit profit growth. Besides higher interest rates, Singapore lenders have also benefited from strong inflows from wealthy customers amid global uncertainty, including U.S.-China geopolitical tensions, because of the city-state's status as a financial safe-haven. Higher interest rates and slower economic growth could raise asset-quality risks for businesses and individual customers, he said, adding weak loan demand could negatively impact net interest income growth momentum once margin expansion peaks. OCBC said April-June net profit climbed to S$1.71 billion ($1.28 billion) from S$1.28 billion a year earlier mainly driven by better income growth and partly offset by higher allowances for non-impaired assets. The figure compared with a mean estimate of a S$1.76 billion profit from four analysts polled by Refinitiv.
Persons: ROE, Thilan Wickramasinghe, OCBC, NIM, Yantoultra Ngui, Tom Hogue, Shri Navaratnam, Jamie Freed Organizations: Chinese Banking Corp, DBS, United Overseas Bank, Maybank Securities, Refinitiv, Thomson Locations: Singapore, SINGAPORE, Asia's, U.S, China, Malaysia
The quarterly results from OCBC, also Southeast Asia's second largest lender by assets, rounded up a strong earnings season by Singapore banks as DBS Group (DBSM.SI) and United Overseas Bank (UOBH.SI) also delivered double-digit profit growth. Besides higher interest rates, Singapore lenders have also benefited from strong inflows from wealthy customers amid global uncertainty, including U.S.-China geopolitical tensions, because of the city-state's status as a financial safe-haven. The figure compared with a mean estimate of a S$1.76 billion profit from four analysts polled by Refinitiv. The bank projected its full-year net interest margin, a key profitability gauge, to be above 2.2%, return on equity in the range of 14% and low-to-mid single-digit loan growth. ($1 = 1.3410 Singapore dollars)Reporting by Yantoultra Ngui; Editing by Tom Hogue, Shri Navaratnam and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
Persons: ROE, Helen Wong, Thilan Wickramasinghe, OCBC, Wong, Yantoultra Ngui, Tom Hogue, Shri Navaratnam, Jamie Freed Organizations: Chinese Banking Corp, DBS, United Overseas Bank, Maybank Securities, Refinitiv, Thomson Locations: Singapore, SINGAPORE, Asia's, U.S, China, Malaysia
Topline Results: July 2023 Times/Siena Poll of Registered Voters
  + stars: | 2023-08-01 | by ( ) www.nytimes.com   time to read: +19 min
View the survey’s cross-tabs among registered voters and among the likely Republican primary electorate. [READ LIST](Asked of Democratic primary voters) What comes closest to how you would feel if Joe Biden were the Democratic nominee for president? MethodologyThe New York Times/Siena College poll of 1,329 registered voters nationwide, including an oversample of 818 registered Republican voters, was conducted in English and Spanish on cellular and landline telephones from July 23-27, 2023. Weighting — likely Republican primary electorateThe survey was separately weighted in multiple steps to match targets for the composition of the likely Republican primary electorate and to account for the self-reported turnout intention of respondents. Voters were considered potential Republican primary voters if one of three conditions were met:• They identified as Republican or leaned Republican on two questions about party identification.
Persons: Donald Trump, Joe Biden, Donald Trump's, Kamala Harris, Biden, Robert F, Kennedy Jr, Mike Pence, Tell, Ron DeSantis, Fielding, ReconMR, Organizations: Republican, Siena College Research Institute, Democratic, Democratic Party, New York Times, Siena College, The New York Times, statehouse, Research, University of North, Institute of Policy, Roanoke College, The Times, Times, • Party, for Health Statistics, D.C, Democrat Locations: Dominican, Puerto Rican, America, U.S, American, United States, Ukraine, Siena, University of North Florida, , Maryland , Delaware, Washington
Novartis buyback offers partial cure for M&A risk
  + stars: | 2023-07-18 | by ( ) www.reuters.com   time to read: +2 min
LONDON, July 18 (Reuters Breakingviews) - Novartis’s (NOVN.S) bumper buyback will offer a little relief to investors. Many had been waiting to see what the $225 billion Swiss pharma giant would do with an extra $20 billion burning a hole in its pocket after Roche(ROG.S) bought back its stake in 2021. It needs new drugs to replenish its pipeline and boost an ailing share price, which has still not recovered since the pandemic. But on Tuesday, CEO Vasant Narasimhan said he will launch a $15 billion buyback programme. The Swiss drugmaker’s $15.4 billion of net debt is less than 1 times its forecast 2023 EBITDA, according to Refinitiv.
Persons: Roche, Vasant Narasimhan, can’t, Aimee Donnellan, Xavier Niel’s, Neil Unmack, Streisand Neto Organizations: Reuters, Swiss pharma, Alcon, Madrigal Pharmaceuticals, Novartis, Twitter, Xavier Niel’s GAM, Commonwealth Games, Thomson Locations: Swiss
The Alliance for Innovation on Maternal Health, or AIM, is a quality improvement initiative designed to put in place and support best practices to reduce maternal morbidity and mortality. Maternal outcomes are not determined by health care alone. What we call social determinants of health — where we live, work and play — also affect health outcomes. When we think about maternal mortality, we should also look to economic stability, education access, health care access, neighborhood and the built environment and community. There is a biased belief that Black women are overly loud and demanding and that we can take more pain than our white counterparts.
Persons: GYN, Organizations: Alliance, Innovation, Maternal, AIM, The, Medicare, Services, Black, Commonwealth Locations: United States, Wyoming
Another source inside Barclays' investment bank, talking anonymously because they are not authorised to speak to the media, said lower staff attrition at its technology and back office operations had started to worry cost-conscious managers. The BCG review could lead to layoffs, the source familiar with the review said, although no decisions have been made. Some top Barclays investors, however, told Reuters they would have misgivings about a plan to prioritise investment over capital distributions. But a recent shake-up at its investment bank has raised concern about Barclays' ability to compete amid a worldwide dealmaking slump. They are not valued properly together," said Alan Beaney, chief executive at RC Brown Investment Management, which has held Barclays shares since 2012.
Persons: C.S, shivers, Richard Marwood, Venkat, Edward Bramson, Richard Buxton, Alan Beaney, Elisa Martinuzzi, Mark Potter Organizations: Barclays, Boston Consulting, Reuters, Royal London Asset Management, Lehman Brothers, Jupiter Asset, RC Brown Investment Management, BNP, HSBC, Reuters Graphics Barclays, Jefferies, Thomson Locations: U.S, Africa
MAS imposed penalties of S$2.6 million ($1.93 million) for DBS, S$600,000 for OCBC, or Oversea-Chinese Banking Corp, S$400,000 for Citibank and S$200,000 for Swiss Life. Asked whether illicit activities had taken place involving the institutions, MAS said its checks focused on compliance with its requirements. DBS failed to adequately inquire into the background and purpose of "unusually large transactions", it said. A Swiss Life spokesperson said it had terminated a client relationship in 2020 after being approached by authorities about a contract. "Since then, and in close cooperation with the authorities, additional measures have been implemented within Swiss Life (Singapore) to detect client misconduct more effectively."
Persons: Wirecard, OCBC, Chen Lin, Yantoultra, Selina Li, Martin Petty, Conor Humphries Organizations: Citibank, DBS, Swiss, Monetary Authority of Singapore, Chinese Banking Corp, MAS, FIs, Singapore police, Thomson Locations: SINGAPORE, Singapore
The novel’s emphasis on the limitations of any attempted secret government, finally, connects specifically to our peculiar U.F.O. discourse, where we suddenly have a government whistle-blower claiming knowledge of a 90-year conspiracy and, apparently, a chorus of anonymous sources encouraging belief. If there were an alien cover-up, though, I would imagine it would look more like the secrets held by N.I.C.E. in “That Hideous Strength.” Crucially, almost nobody in Lewis’s invented organization has any idea that in the inner ring they’re contacting the dark powers. In his account, and the one that’s implied by other anonymous leaks, you don’t have to get that far up the chain of command before somebody will take you aside and say, Look, we’ve got alien ships, lots of alien ships, you wouldn’t believe how many alien ships.
Persons: Lewis’s, That’s, we’ve, Edward Snowden Organizations: N.I.C.E, humanitarianism, . Locations: China, Russia
Venkatakrishnan's intervention underscores the pressure that the British bank is under to protect its U.S. investment banking franchise. Venkatakrishnan promised during the meeting to invest in the investment banking business to boost morale, the sources said. Miller left Barclays to join Jefferies last month, while Barclays only announced a new role for Astier this week, naming him global head of financial sponsors. Still, the exodus that Venkatakrishnan and other Barclays executives have been trying to stem has continued apace. But it was its consumer, cards and payments division, rather than investment banking, that led the charge.
Persons: C.S, Venkatakrishnan, dealmakers, Cathal Deasy, Morgan Stanley, Taylor Wright, Marco Valla, Deasy, John Miller, Jean, Francois Astier, Miller, Jefferies, Jim Rossman, Christopher Ludwig, Pete Contrucci, Evan Rothenberg, Daniel Kerstein, Contrucci, Rothenberg, Kerstein, Milana Vinn, Abigail Summerville, David Carnevali, Svea Herbst, Bayliss, Anirban Sen, Greg Roumeliotis, Christopher Cushing Organizations: YORK, Barclays, Citigroup Inc, UBS Group AG, Jefferies Financial Group Inc, Reuters, Credit Suisse Group AG, UBS, Lazard Ltd, Credit Suisse, Svea, Thomson Locations: Americas, Europe, Middle East, Africa, United States, New York, Rhode Island
What Your Therapist Doesn't Tell You
  + stars: | 2023-05-17 | by ( Amy X. Wang | Illustrations Liana Finck | ) www.nytimes.com   time to read: +8 min
What Your Therapist Doesn’t Tell You A dozen counselors on what it’s really like to sit in the other armchair. “ ‘I need to pee so bad.’ Clients don’t realize that we have five minutes between sessions and sometimes making it to the bathroom is not possible.” — Jessa White, L.M.H.C.A. You can’t do psychotherapy if a person doesn’t feel safe — there’s no way that’s going to happen. But it’s frustrating too, because as a therapist, you feel you can’t really offer what you signed up for.” — Gabriela Sehinkman, Ph.D., L.I.S.W.-S. To me, therapy is very much like dating, except, you know, obviously you don’t really want to date the person.” — Thien Pham, L.M.F.T.
China controls 6% of the world’s nickel 78% of graphite 5% of manganese China controls 6% of the world’s nickel 78% of graphite 5% of manganese Source: CRU Group, U.S.G.S. China makes 73% of NMC cathodes 99% of LFP cathodes China makes 73% of NMC cathodes 99% of LFP cathodes Source: CRU Group Note: Data for “NMC cathodes” category includes NMC, NCA, NMCA; “LFP cathodes” includes LFP, LMFP. China makes 66% of the world’s battery cells 2.8” Cathode Each car has thousands of cells. China makes 54% of the world’s electric cars China makes 54% of the world’s electric cars Source: IEA Note: Data for 2021American investors remain wary about putting money into electric vehicles. Electric car buyers in China get tax rebates, cheaper vehicle registration, preferential parking and access to an extensive charging network.
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