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☆ Will Lewis Says He Helped Hacking Investigation. Scotland Yard Had Doubts.
▼ + stars: | 2024-06-24 | by ( Jo Becker | Justin Scheck | ) www.nytimes.com time to read: +1 min

Will Lewis, now the publisher of the Washington Post, was in full crisis mode in 2011. Then an executive at Rupert Murdoch’s News Corporation, he was an intermediary to the police detectives investigating a British phone-hacking scandal that had placed the company’s journalists and top leaders in legal peril. For years, reporters at News Corporation’s best-selling British tabloid had landed scoops by paying public officials and illegally listening to the voice mail messages of royals, politicians, celebrities and even a murdered girl. Mr. Lewis was supposed to cooperate with police, identify wrongdoing and help steer the company through the crisis. His role, he would later say, was as a force for good.

Persons: Will Lewis, Lewis Organizations: Washington Post, Rupert Murdoch’s News Corporation, The New York Times, London’s Metropolitan Police, News Corp

☆ Exclusive: London VC fund and Depop-backer Octopus Ventures has made layoffs to its investment staff
▼ + stars: | 2024-06-24 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Read previewOctopus Ventures, a London-based investment firm, has laid off 8 employees, sources have told Business Insider. Related storiesSeparate from the layoffs, Malcolm Ferguson, who led Octopus Titan VCT, has left the fund to join London firm ETFS Capital. Following the headcount reduction, the investment team across all Octopus funds totals 41 people. Octopus Ventures' portfolio includes Elliptic, Secret Escapes, ManyPets, and Peak.ai. Octopus Ventures serves as the venture arm of Octopus Group.

Persons: —, Malcolm Ferguson, Jo Oliver Organizations: Service, Business, Capital, COVID, Octopus Ventures, Octopus Locations: London

☆ Texas court exonerates man who spent nearly 20 years on death row for 1977 murder
▼ + stars: | 2024-06-23 | by ( Kaila Nichols | ) edition.cnn.com time to read: +3 min

CNN —After nearly 47 years, the Texas Court of Criminal Appeals this week exonerated Kerry Max Cook for the 1977 murder of Linda Jo Edwards, declaring him innocent of a crime for which he spent nearly 20 years on death row. Cook was accused of the 1977 rape, murder and mutilation of 21-year-old Edwards in Tyler, Texas. A third trial in 1994 ended with a new conviction and death sentence. The Texas Court of Criminal Appeals reversed the second verdict in 1996, stating misconduct by police and prosecutors. Before a fourth trial in 1999, the state offered Cook a “no contest” plea deal for murder.

Persons: Kerry Max Cook, Linda Jo Edwards, Bert Richardson, Cook, uncontroverted Brady, Edwards, Paula Rudolph, ” Cook, Appeals, Edward Scott Jackson, Cook’s, “, ” Jackson, Kerry Cook, “ Kerry, Glenn Garber, ” Garber, ”, Jacob Putman Organizations: CNN, Texas, Exoneration, ” CNN Locations: Texas, Tyler , Texas, Smith, Tyler, Smith County

☆ Taylor Swift's economic clout has now come for Europe
▼ + stars: | 2024-06-23 | by ( Katie Balevic | Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Over the last year, Swift's Eras Tour and its affiliated film cemented her economic prowess in the United States, injecting billions into the economy. AdvertisementLocal businesses are seeing Swift's impact weeks ahead of her concerts. Jo Hale/Getty ImagesEuropean economists monitoring inflation rates in the service sector are examining Swift's tour to see what impact it will have on Europe's economy. Barclays' Consumer Spend research found that Swift's tour is expected to boost the UK economy by £997 million ($1.26 billion). Economist George Moran told the Times, however, that he thinks it's unlikely Swift will impact decision-making at the Bank of England.

Persons: —, Taylor, Swift, Taylor Swift's, Ben Julius, Julius, Taylor Swift, Jo Hale, Lucas Krishan, Krishan, Kevin Mazur, George Moran, Moran, Nomura Organizations: Service, Business, Tourist Italy, Wembley, Getty, European Central Bank, Barclays, Consumer, New York Times, Securities, Rights, Bank of England, Times Locations: Europe, United States, Italy, Milan, London, Central, Paris, France

☆ Analysis: What Putin got from his North Korea visit
▼ + stars: | 2024-06-19 | by ( Clare Sebastian | ) edition.cnn.com time to read: +5 min

CNN —Vladmir Putin’s first visit to North Korea in nearly a quarter of a century has been intensely scrutinized around the world. If this is a collective defense pact, does Russia’s nuclear deterrent now extend to North Korea’s and vice versa? “But definitely I would say this clause is very alarming.”Russia's President Vladimir Putin was given a rapturous welcome in Pyongyang. “The West admits terrible concern around Putin’s visit to North Korea” read the headline in Moskovsky Komsomolets, a national daily newspaper Tuesday. Russia also needs weapons to keep up its strategy of exhausting and destroying Ukraine into surrender.

Persons: Vladmir, Putin, Kim Il, ”, “, ” Putin, Korea’s, Kim, Jo Bee, yun, Vladimir Putin, Vladimir Smirnov, North Korea ”, Vladimir Solovyov, Kim Jong Organizations: CNN, International Criminal Court, Kremlin, Korea Institute for Defense, UN, Kim Jong UN Locations: North Korea, Russia, Ukraine, Pyongyang, China, United States, North, Moscow, Komsomolets

☆ Washington Post Publisher and Incoming Editor Are Said to Have Used Stolen Records in Britain
▼ + stars: | 2024-06-15 | by ( Justin Scheck | Jo Becker | ) www.nytimes.com time to read: +1 min

The publisher and incoming editor of The Washington Post used fraudulently obtained phone and company records in newspaper articles as journalists in London, according to a former colleague, the published account of a private investigator and an analysis of newspaper archives. Will Lewis, The Post’s publisher, assigned one of the articles in 2004 as business editor of The Sunday Times. Another was written by Robert Winnett, whom Mr. Lewis recently announced as The Post’s next executive editor. The use of deception, hacking and fraud is at the heart of a long-running British newspaper scandal, one that toppled a major tabloid in 2010 and led to years of lawsuits by celebrities who said that reporters improperly obtained their personal documents and voice mail messages. Mr. Lewis has maintained that his only involvement in the controversy was helping to root out problematic behavior after the fact, while working for Rupert Murdoch’s News Corporation.

Persons: Will Lewis, Robert Winnett, Lewis, Rupert Organizations: The Washington Post, Sunday Times, Rupert Murdoch’s News Corporation Locations: London

☆ I'm Gen X and would love to provide childcare for my future grandkids. But I'll be too old when I can afford to retire.
▼ + stars: | 2024-06-05 | by ( Jane Ridley | ) www.businessinsider.com time to read: +1 min

Jo Merrett looked forward to babysitting her grandchildren once her adult kids started families. Merrett told Business Insider she never invested in a pension and must work to pay off her mortgage. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThis as-told-to essay is based on a conversation with Jo Merrett. This story is available exclusively to Business Insider subscribers.

Persons: Jo Merrett, Merrett, — Organizations: Service, Business

☆ After Libertarians reject RFK Jr., what does success look like for third-party candidates?
▼ + stars: | 2024-05-28 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

But the idea of simply placing Kennedy atop the Libertarian Party ticket to marry his momentum with their organization left Kennedy with an embarrassing loss at the Libertarian Party convention in Washington. About half – 51% – said they would support Trump in a two-way matchup, compared with 37% who said they would pick Biden. The last third-party candidate to win a state and get Electoral Votes was George Wallace, who won Southern states in 1968. The only third-party candidate to outperform a major party candidate was former President Teddy Roosevelt, who outpolled Republicans after he failed to get their nomination in 1912 and then ran as a third-party candidate. But rather than focus on the relatively few people who turn out for a third-party candidate, why not look at the large number of people who don’t take part in elections at all?

Persons: CNN —, Donald Trump, Robert F, Kennedy Jr, Chase Oliver, Kennedy, Trump, Nicole Shanahan, Shanahan, – Kennedy, Biden, CNN’s Harry Enten, –, RFK, Ross Perot, George Wallace, Teddy Roosevelt, Woodrow Wilson, Oliver, Jo Jorgensen, Gary Johnson’s, CNN’s Aaron Pellish, Pellish, Kennedy don’t, Bob Barr, Bill Weld, Gary Johnson, Barr, Weld, Ron Paul, Paul, Jill Stein, Ralph Nader, Al Gore, George W, Karl Rove, Stein, Hillary Clinton, Rove, Libertarian’s Jorgensen, Johnson Organizations: CNN, Republican, Libertarian Party, Trump, Google, Biden, SSRS, Quinnipiac University, RFK Jr, Electoral, Southern, Democrat, Libertarian, Federal Reserve, GOP, Republican Massachusetts gov, Green Party, Street Journal, Democratic, Pew Research Center Locations: Washington, Republican Massachusetts, Florida, Michigan , Pennsylvania, Wisconsin, Arizona , Georgia

☆ The Hamas Chief and the Israeli Who Saved His Life
▼ + stars: | 2024-05-26 | by ( Jo Becker | Adam Sella | ) www.nytimes.com time to read: +1 min

This is how Dr. Yuval Bitton remembers the morning of Oct. 7. The frantic voice of his daughter, who was traveling abroad, asking, “Dad, what’s happened in Israel? Even in that first moment, Dr. Bitton says, he knew with certainty who had masterminded the attack: Yahya Sinwar, the leader of Hamas in Gaza and Inmate No. 7333335 in the Israeli prison system from 1989 until his release in a prisoner swap in 2011. Dr. Bitton had a history with Yahya Sinwar.

Persons: Yuval Bitton, “ Dad, what’s, Bitton, Yahya Sinwar, Sinwar, “, ” Organizations: ” Locations: Israel, Gaza

☆ The dramatic 'Furiosa' ending, explained
▼ + stars: | 2024-05-24 | by ( Jason Guerrasio | Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

The ending features a dramatic showdown between Furiosa and Dementus in the middle of the WastelandChris Hemsworth in "Furiosa: A Mad Max Saga." Warner Bros.At the conclusion of the movie, Furiosa teams with Immortan Joe to successfully end Dementus's reign at the Gas Town outpost, which is known as "The 40-Day War." The fate of Dementus is a shocking oneDementus' ending is a dramatic one. Now, we see that under Furiosa's care, the pit created a massive peach tree with an elderly and emaciated Dementus as the root. AdvertisementThe final shot of the movie shows Furiosa hiding the wives in the War Rig, ending the movie the night before the events of "Fury Road" begin.

Persons: —, Max, Anya Taylor, Joy, Chris Hemsworth, Immortan Joe, Furiosa's, Dementus, Furiosa, Mary Jo Bassa, Charlee Fraser, he's, George Miller, Praetorian Jack, Miller Organizations: Service, Business, Warner Bros, Gas, Breeders, Fury Locations: Furiosa

☆ Fico assassination attempt exposes risks for politicians in a polarized Europe
▼ + stars: | 2024-05-16 | by ( Luke Mcgee | Ivana Kottasová | ) edition.cnn.com time to read: +8 min

CNN —The horrific scenes in Slovakia following the assassination attempt on Prime Minister Robert Fico are a stark and brutal reminder of the dangers facing those who seek public office. Security personnel apprehend a suspected gunman after Slovakia's Prime Minister was shot in Handlova, Slovakia on May 15, 2024. President Zuzana Caputova appoints Robert Fico the new Slovakian prime minister at the Presidential Palace in Bratislava, Slovakia, on 25 October 2023. In 2022, Giorgia Meloni became Italy’s prime minister after running on an anti-immigration, socially conservative ticket. Former Japanese Prime Minister Shinzo Abe was shot dead in July 2022 as he gave a campaign speech.

Persons: Robert Fico, Fico, Zuzana Čaputová, ”, George Soros, Čaputová, Fico’s, Zuzana Caputova, Jakub Gavlak, Giorgia Meloni, Covid lockdowns, Jo Cox, DANIEL LEAL, David Amess, Shinzo Abe, Fernando Villavicencio –, – Organizations: CNN, Slovakia's, Getty, Fico, Slovakian, Parliamentary, Parliament, Political, Hamas, British Labour, AFP, Conservative, ISIS, Japanese Locations: Slovakia, Russia, American, Europe, Ukraine, Gaza, Handlova, AFP, Bratislava, Netherlands, Israel, London, Britain

☆ 'Baby Reindeer' viewers watched a stalking drama — then hunted down 'the real Martha Scott.' A psychologist explains why true crime turns us into armchair detectives.
▼ + stars: | 2024-05-09 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +8 min

A psychologist told Business Insider why true crime turns viewers into armchair detectives. True crime blurs the line between real life and fictionRichard Gadd as Donny Dunn in "Baby Reindeer." AdvertisementThat's further complicated by some true crime audiences thinking they are helping to bring about justice by becoming armchair detectives. AdvertisementIn a piece published by The Guardian, titled "Why do women love true crime so much?" Ed Miller/NetflixThis raises the question of whether streaming services and TV networks are doing enough to protect those involved in true crime content.

Persons: —, Donny Dunn, Richard Gadd, Martha, Gadd, Martha Scott, He's, Piers Morgan, Fiona Harvey —, TikTok sleuths, Sean Foley, Foley, — sean foley, @SeanFoleyJ, Nicola Bulley, Andrew Snowden, Ed Miller, Ruth Tully, Tully, Nancy Jo Sales, influencers, Jessica Gunning, " Gadd, Benjamin King, it's, King, Errol Lindsay, Jeffrey Dahmer's, Jeffrey Dahmer, Rita Isbell, Netflix should've Organizations: Service, Rotten, Google, Netflix, Daily Mail, Police, Lancashire's Police, The Guardian, European, Research, Business Locations: British

☆ Werner Spitz, Forensic Expert in High-Profile Murders, Dies at 97
▼ + stars: | 2024-04-30 | by ( Trip Gabriel | ) www.nytimes.com time to read: +1 min

Dr. Werner Spitz, a pathologist whose accounts of the traumatic last moments in some of the most sensational American deaths of the past 60 years figured in cases involving President John F. Kennedy, Martin Luther King Jr., O.J. Simpson, JonBenet Ramsey, Mary Jo Kopechne and many others, died on April 14 in St. Clair Shores, Mich., a suburb of Detroit. He died in hospice care after a brief illness, his son Dr. Daniel Spitz said. Dr. Spitz’s career of more than 60 years traced to the early days of modern forensic pathology, and his textbook on the topic remains a gold standard in the field. Examining the remains of homicide victims was the one thing that did not bore him, he said.

Persons: Werner Spitz, John F, Kennedy, Martin Luther King Jr, O.J, Simpson, JonBenet Ramsey, Mary Jo Kopechne, Daniel Spitz, Spitz’s, Spitz, —, Dr, King Locations: St . Clair Shores, Mich, Detroit, Macomb County

☆ Why Eli Lilly's earnings are no sure thing for traders despite obesity drug momentum
▼ + stars: | 2024-04-29 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +5 min

Tirzepatide is the active ingredient in both Eli Lilly's diabetes treatment Mounjaro and its anti-obesity drug Zepbound. Based on that calculation, earnings will be lower by about 13 cents per share, he said, in research published last Tuesday. "Strong demand for Mounjaro & Zepbound can easily pull through in 2H24 and make up for any 1H24 shortfalls." For the week ended April 19, combined prescriptions of Mounjaro and Zepbound rose 63% year over year, according to IQVIA. Wells Fargo Mohit Bansal said he expects investors to look past any Trulicity shortfalls as the focus is firmily on Zepbound and Mounjaro for Lilly's future growth.

Persons: Eli Lilly, Eli, James Shin, Lilly, Shin, David Risinger, Zepbound, Wells, Bansal, Jo Walton, Walton, Lilly's, Tirzepatide, Deutsche Bank's Shin, — CNBC's Michael Bloom Organizations: Drug Administration, Deutsche Bank, IMS, UBS, Research, Deutsche, FDA Locations: 2H24, U.S

☆ Massive genocide trial reopens old wounds in Guatemala, 40 years after indigenous slaughter
▼ + stars: | 2024-04-13 | by ( Tara John | Ivonne Valdés | ) edition.cnn.com time to read: +12 min

In 2018, a Guatemalan court ruled that the army committed acts of genocide, but no one was convicted. Lucas García, 91, was meant to face trial this year with former military intelligence chief Manuel Callejas y Callejas. Robert Nickelsberg/Archive Photos/Getty ImagesBurt said this “expression of racism is extremely profound,” and its knock-on effects are evident in Guatemala today. Survivors from the civil war gather outside the Supreme Court, prior to a hearing in the Ixil Genocide trial, in Guatemala City, Guatemala March 25, 2024. When the trial was due to start at the end of March, Lucas García’s lawyers announced their resignation.

Persons: CNN — Juan Brito López, Brito López, Manuel Benedicto Lucas García, Lucas García, Benedicto Lucas Garcia, Johan Ordonez, Lucas García’s, AJR, Fernando Romeo Lucas García, “ Lucas García, Manuel Callejas y, Callejas, Jesús Silvio, Romeo Lucas García’s, ” Jo, Marie Burt, ”, Robert Nickelsberg, Burt, Efrain Rios Montt, Tiziano Breda, Claudia Paz y Paz, CICIG, ” Silvio, ” Will Freeman, Cristina Chiquin, Bernardo Arévalo, Public Ministry –, Consuelo Porras , hasn’t, Michelle Liang, “, Brito López’s, Catarina Chel, tormenter, Silvia, ” CNN’s Tara John, Ivonne Valdés Organizations: CNN, United, Getty, Association for Justice, Reconciliation, Human, Washington Office, UN, Guatemalan Army, “, Central American, International, Commission, Council, Foreign Relations, Reuters CNN, Public Ministry, US, Network, Solidarity, ” CNN Locations: Pexla, Guatemala City, United Nations, Guatemalan, Guatemala, America, ”, Santa Cruz de Quiche, of Guatemala, New York, Mexico City

☆ New Zealanders Are Crazy for This Fruit. It’s Not the Kiwi.
▼ + stars: | 2024-04-12 | by ( Kate Evans | Tatsiana Chypsanava | ) www.nytimes.com time to read: 1 min

Autumn in New Zealand heralds the arrival of a green, egg-size fruit that falls off trees in such abundance that it is often given to neighbors and colleagues by the bucket or even the wheelbarrow load. The fresh fruit, whose flesh is gritty, jellylike and cream-colored, is used in muffins, cakes, jams and smoothies, and it begins appearing on high-end menus each March — the start of fall in the Southern Hemisphere. Off-season, it is found in food and drink as varied as juices and wine, yogurt and kombucha, and chocolate and popcorn. This ubiquitous fruit is the feijoa (pronounced fee-jo-ah). Known in the United States as the pineapple guava, it was first brought to New Zealand from South America via France and California in the early 1900s.

Organizations: Southern Hemisphere Locations: New Zealand, United States, South America, France, California

☆ 20 things that are normal in the US that the rest of the world finds weird
▼ + stars: | 2024-04-11 | by ( Jessica Booth | ) www.businessinsider.com time to read: 1 min

Using money that is all the same colorIt seems hard to navigate different bill sizes when they all look similar. REUTERS/Jo Yong-HakIn the US, dollar bills are all the same shade of green, and they all look very similar, aside from slightly different images. If you travel to other countries, you'll find that their bills are typically all different colors and sizes according to what they're worth. Many foreigners find our currency to be a bit confusing since it all looks the same.

Persons: Jo Yong Organizations: REUTERS

☆ After my parents died and I lost my job, I moved out of my hometown and swore I'd never go back. But returning home helped me heal.
▼ + stars: | 2024-04-09 | by ( Melissa Drake | ) www.businessinsider.com time to read: +4 min

After my parents' deaths and other failures, I decided to move to California and follow my dreams. I learned I didn't have to run from my hometown or my past issues to heal properly. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . My former self believed I had to run away to heal and find happiness.

Persons: —, Jo Dee Messina's, blaring, it's, I'm Organizations: Service Locations: California, Iowa, Des Moines , Iowa, codependency, Des Moines

☆ 'Mr Bates vs the Post Office' — the TV drama that shook Britain — comes to PBS
▼ + stars: | 2024-04-07 | by ( Chris Johnston | ) www.businessinsider.com time to read: +9 min

"Mr Bates vs the Post Office" had a remarkable impact after airing in Britain and now comes to PBS. Jo Hamilton, who ran the Village Shop and Post Office in South Warnborough, Hampshire, was wrongly convicted of theft in the Post Office Horizon scandal. ITVThe program focused on Alan Bates, who along with his partner invested in a post office store in Wales in 1998. Why did the Post Office — which has been owned by the government since 2012 – continue to prosecute people when there were doubts about the software? Advertisement"Mr Bates vs the Post Office" is being broadcast on PBS weekly from Sunday April 7.

Persons: Mr Bates, —, Rishi Sunak, Seema Misra, Peter Huxham, Martin Griffiths, Julian Wilson, Jo Hamilton, Adrian Dennis, Toby Jones, who's, Harry Potter, Alan Bates, Bates, wasn't, John Beer of, –, Kevin Hollinrake, Gwyneth Hughes, Innocent, Paula Vennells, Vennells, it's, James Strong, we'd, Polly Hill Organizations: PBS, Service, ITV, of, Post, Japan's Fujitsu, Office, Getty, Journalists, Computer, BBC, Post Office, Guardian, Fujitsu, Financial Times, subpostmasters, Channel Locations: Britain, Ellesmere Port, Liverpool, South Warnborough, Hampshire, AFP, Wales, John Beer of Farnham, Surrey

☆ Opinion | ‘Little Women’ and the Art of Breaking Grammatical Rules
▼ + stars: | 2024-04-04 | by ( John Mcwhorter | ) www.nytimes.com time to read: +1 min

A few weeks ago I wrote on the grand old rule about not ending sentences with prepositions, which is, quite simply, a long-lived hoax we’d best relegate to history. In that light, I’d like to dismantle the powerful but hopeless idea that language is something to be judged rather than observed. It can be hard to process, within the bounds of our lifetimes, the randomness of our take on what “proper” language is. I’m thinking of this now as I finally read “Little Women,” which everybody but me seems to have read and which seems to generate another movie version every 10 minutes. Meg to Laurie at a ball says, “Take care my skirt don’t trip you up.”

Persons: Jo, Amy, prim, “, Meg, Laurie, ” Locations: England

☆ Opinion | Will the Rotters Keep Hounding Kate?
▼ + stars: | 2024-03-22 | by ( Maureen Dowd | ) www.nytimes.com time to read: +1 min

With her mop of red Renaissance curls and steely ambition, Brooks became the favorite lieutenant of Rupert Murdoch. But the moral is about amorality; the story underscores the viciousness and lack of decency of the British tabloids in the hacking scandal. I thought of that when I watched the video of Princess Kate sitting on a bench amid daffodils, telling her heartbreaking story of a cancer diagnosis and chemotherapy. Cancer is a very personal thing, and how you tell your children is the most personal of all. Princess Diana’s sons blame that ravenous behemoth for hounding their mother.

Persons: J.T, Rogers, Bartlett Sher, Rebekah Brooks, Brooks, Rupert Murdoch, Murdoch, Don Van Natta Jr, Jo Becker, Graham Bowley, Saffron Burrows, Princess Kate, Princess Diana’s, Harry Organizations: Lincoln Center, British, New York Times, Cancer, Mirror Group Newspapers Locations: Britain, British

☆ Opinion: Once folks like me ditched our sewing machines, Joann Fabrics never stood a chance
▼ + stars: | 2024-03-22 | by ( Opinion Lynda Gorov | ) edition.cnn.com time to read: +6 min

The lockdown saw sales of sewing machines soar and stock sell out. Most people (OK, most women) who attended public junior high schools in the 1960s, 1970s or even 1980s learned at least basic sewing skills and could advance them with elective classes in high school. After all, Joann, known as Jo-Ann Fabrics back when home sewing was more in style, is reorganizing its finances, not closing its 800-plus stores nationwide. Run in to get thread, run out with just the right shade of blue. They learn online, they shop for materials online, and they sell their homemade wares online.

Persons: Lynda Gorov, CNN —, Lynda, Joann, That’s, Jo, Ann, grandma, He’d, — Organizations: CNN, Crafts, Boys, Twitter, Facebook Locations: Los Angeles, Ukrainian, Chicago

☆ 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

☆ Bernie Sanders wants to bring in a 4-day workweek, which would see workers paid the same for 8 hours less work every week
▼ + stars: | 2024-03-15 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Bernie Sanders has introduced a bill to bring in a 32-hour workweek for American workers. Sanders introduced legislation for a four-day workweek on Wednesday, saying people are overworked. The four-day workweek has gained momentum in recent years, with trials showing it makes workers happier and more productive. AdvertisementBernie Sanders introduced new legislation on Wednesday calling for a 32-hour workweek in the US, which would see workers earn the same as they would during a 40-hour workweek. AdvertisementA 2023 McKinsey report found that tasks that make up 30% of people's work hours will be automated by 2030.

Persons: Bernie Sanders, Sanders, workweek, —, Sen, Laphonza Butler, Mark Takano, Bill Cassidy, Sam Altman, I'm, Jo Sims Organizations: Service, Democratic, Wall, Republican, Health, Education, Labor, Pensions, New York Times, US Bureau of Labor Statistics, McKinsey, Business, Case Management Locations: California, Louisiana, Australia

☆ Man rescued after apparent crocodile bite in the Everglades
▼ + stars: | 2024-03-13 | by ( Forrest Brown | ) edition.cnn.com time to read: +2 min

CNN —A man trying to swim to shore after his recreational sailboat capsized at Everglades National Park suffered an apparent bite from an American crocodile, according to a National Park Service news release. American crocodiles vs. alligatorsAn American crocodile relaxes in Shark Valley of Everglades National Park on February 3, 2023. Bonnie Jo Mount/The Washington Post/Getty Images/FileThe American crocodile is a federally threatened species, the NPS said, and it resembles the American alligator. (American crocodiles can also be found in some coastal areas of Caribbean islands, Mexico and South America.) American crocodiles are considered a shy and reclusive species, the FFWCC says, and crocodile attacks on humans in Florida are very rare.

Persons: Bonnie Jo Mount Organizations: CNN, National Park Service, Rangers, Miami, Dade, Rescue, “ Rangers, Washington Post, NPS, Florida Fish and Wildlife Conservation Commission Locations: Flamingo, Florida, Valley, United States, Caribbean, Mexico, South America, Southeast, North Carolina, Oklahoma, Africa, Asia, Indonesia, Australia

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