Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Tough"


25 mentions found


Opinion | Kamala Takes Chicago
  + stars: | 2024-08-23 | by ( Maureen Dowd | ) www.nytimes.com   time to read: +1 min
Kamala Harris had a message for America about Donald Trump and JD Vance on Thursday night. “Simply put, they are out of their minds,” she said to cheers from thousands of Democratic convention delegates in United Center. She was talking about their draconian abortion stances but it could have applied to so much more. Well, we trust women.”Harris has to prove that she is a woman America can trust, as she tries to get the country to do something it has never done before: elect a woman as president. She promised that she would “proudly” sign a bill restoring abortion rights across America.
Persons: Kamala Harris, Donald Trump, JD Vance, , ” Harris, , Harris, Organizations: Democratic, United Center, Trump Locations: America
Comparable store sales, a key measure for the restaurant industry, were down 14% in its most recent quarter. Sales slumpStarbucks' comparable store sales in China have been incredibly volatile over the past five years. But in recent months, they've been hit by cautious consumer spending and increased competition, then-CEO Laxman Narasimhan told investors in July. Luckin Coffee, Starbucks' biggest rival in China, has nearly three times as many stores as Starbucks in the country after monumental unit growth. "We're not interested in entering the price war," Starbucks China CEO Belinda Wong told investors in January.
Persons: , Brian Niccol, they've, Laxman Narasimhan, Narasimhan, Sherri, Kearney, Luckin, McCafe, KFC's, Dave Xie, Oliver Wyman, Xie, latte, We're, Belinda Wong, Wong, it's, Brian Yarbrough, Edward Jones, Liu Ying Organizations: Service, Starbucks, Business, Bank of America, Bloomberg, Publishing, Getty, Reuters Locations: China, Beijing, Shanghai, Seattle, Luckin, Cotti, Xinhua
Democrats Are Upbeat, but Face a Tough Race Ahead
  + stars: | 2024-08-23 | by ( Matthew Cullen | ) www.nytimes.com   time to read: +1 min
In Chicago, where thousands of Democrats spent the week celebrating their nomination of Kamala Harris for president, confidence has been overflowing. “The mood in Chicago was just really ebullient,” said Jess Bidgood, who writes the On Politics newsletter and spent the week at the convention. But joy in the summer does not always last, or translate to votes in the fall. They were riding high at their convention last month, just after Trump survived an assassination attempt and before President Biden stepped aside. Harris and other top Democrats seem to be well aware that things can change.
Persons: Kamala Harris, , Jess Bidgood, Harris, Jess, Trump, Biden Locations: Chicago
Read previewThis as-told-to essay is based on a conversation with Josie Weaver, a 28-year-old employee at Yellowstone National Park. AdvertisementMammoth Hot Springs Employee Prom 2023. Me and my friend group on a Yellowstone employee ski trip to Grand Targhee. Josie WeaverSome aspects of the lifestyle can make it hard to build rootsRelationships move quickly here because we all live and work together. I've had a lot of friends who met here and got married and now have Yellowstone babies which is cool.
Persons: , Josie Weaver, I'm, It's, There's, I've, you'll, it's, that's Organizations: Service, Business, Yellowstone's Locations: Gallatin, Middle Teton, Dunanda, Yellowstone
I've lived in the Bay Area, New York, and the UK while building and scaling Zyper. But if you want to be laser-focused without distractions, you can't beat the Bay Area. Particularly in the Valley, there's a propensity for very quickly backing "zero-to-one ideas" and creating something entirely new. Silicon Valley is special, and I plan to stayI moved Zyper to San Francisco right before the pandemic hit. AdvertisementThere are other emerging markets, like Korea, Brazil, and China, but I think there's something very special about the ecosystem and history of Silicon Valley.
Persons: , Amber Atherton, I've, Zyper, Y Combinator, Y, it's, Michael Seibel, Everyone's, London's, There's, overregulate Organizations: Service, Business, Patron, Nvidia Locations: San Francisco, London, New York, Palo Alto, Bay, California, Zyper, Mountain View, Hong Kong, England, American, Delaware, . New York, York, Europe, Silicon Valley, Miami, Austin, Silicon, Korea, Brazil, China
Read previewUkrainian forces used long-range drones to attack a key Russian airbase overnight, destroying warehouses that stored fuel, ammunition, and highly destructive glide bombs. It appeared to mark Ukraine's latest long-range strike on an important military installation inside Russia. To work around these restrictions, Kyiv has relied heavily on locally produced, long-range attack drones to wage a monthslong campaign targeting Moscow's military and energy facilities. AdvertisementGlide bombs are dumb bombs that are equipped with special kits to turn them into precision-guided munitions. Ukrainian President Volodymyr Zelenskyy said on Sunday that Russia used more than 750 glide bombs in a single week earlier this month.
Persons: , 8SgIMVpQ1f, mXqoVmxVVC, Yaroslav Trofimov, Volodymyr Zelenskyy Organizations: Service, Security Service, Ukraine, Business, Special Operations Forces, Russian Air Force, BI, Ministry of Defense, Russia Locations: Russia's Volgograd, Russia, Volgograd, Ukraine, Russian, Marinovka
And just like in Paris and London, he will not meet Sinner or Alcaraz until the final, if at all. Beating Sinner and Alcaraz back-to-back in a semi and a final would be a tall order for anyone these days — even Djokovic. Iga Swiatek in the second round in Paris. Wimbledon looked OK, until she ran into a hot Emma Navarro in the second round. If she wins that, she faces a likely second round against another home player, the No 6 seed Jessica Pegula.
Persons: Matthew Futterman, Charlie Eccleshare, Novak Djokovic, Djokovic, Carlos Alcaraz, Alcaraz, , Ben Shelton, Mike Stobe, Naomi Osaka, Caroline Garcia, Iga Swiatek, Emma Navarro, Jelena Ostapenko, Ostapenko, They’ve, Serena Williams, Tim Clayton, Corbis, Coco Gauff, hasn’t, Varvara Gracheva, Elina Svitolina, Navarro, Marta Kostyuk, Sabalenka, Gauff, Al Bello, Matt Futterman Matt Futterman’s, Bianca Andreescu, Jasmine Paolini, Dominic Thiem Reilly Opelka, Lorenzo Musetti, Tommy Paul, Daniil Medvedev, Matthew Stockman, Emma Raducanu, America’s Sofia Kenin, Jessica Pegula, Maria Sakkari, Elsa, Getty, she’s, Iga, Yulia Putintseva, Anastasia Pavlyuchenkova, Danielle Collins, Collins, , Swiatek, Clive Brunskill, Charlie Eccleshare Charlie Eccleshare’s, Dominic Thiem Zheng Qinwen, Amanda Anisimova, Sarah Stier Organizations: U.S, Wimbledon, Djokovic, — Osaka, U.S ., Osaka, Getty, Gracheva, Cincinnati, America’s, Citi, Olympics Locations: New York City, Australia, New York, Paris, London, Osaka, Swiatek, Canada, Cincinnati, France, Wimbledon, Melbourne, Washington ,, Putintseva
New York CNN —CEOs of many of the biggest US hotel and travel companies are coming off a bit like doomsayers these days with their warnings about the declining health of consumers and their waning appetite for travel. Gary Hershorn/Getty ImagesMuch of the revenue growth that travel companies reported in recent years resulted from inflation, said David Tinsley, a senior economist at Bank of America Institute. “It was always going to be tough to expect travel spending to be showing the kind of momentum it showed 12 months ago,” he told CNN. “I don’t think the current situation is particularly bleak — it’s reasonable to see more normalization playing out,” he said, referring to travel spending getting back on par with pre-pandemic trends. Still, it’s not hard to see why this mixed picture is prompting travel companies to tread carefully.
Persons: , , Brian Chesky, “ It’s, Ellie Mertz, Chris Nassetta, Airbnb’s Mertz, haven’t, Jan Freitag, ” Freitag, Walt Disney, Gary Hershorn, David Tinsley, Tinsley, , Steve Hafner, it’s Organizations: New, New York CNN, Conference, Bank of America Institute, CNN Locations: New York,
Now, I love that my kids have an age difference of 23 months. But something that will bring them even closer together is that though they're almost two years apart, they're in back-to-back grades. My older son's birthday is in June, and my younger son's is in May; my oldest would be one of the younger kids in his class if we'd sent him to kindergarten when he was 5. He is more shy and reserved, so I do worry about him starting school at a younger age. We hope growing up in back-to-back grades will help them bondHopefully, growing up in back-to-back grades will be a bonding experience they can love and enjoy.
Persons: they're, we'd, he's, pushback Organizations: Service
That’s made home insurance increasingly unaffordable or even inaccessible – and that’s leaving more people in the same position as the Daneaus. California’s largest insurer, State Farm, requested a 30% rate increase for its homeowner’s line last month. Last year, California Insurance Commissioner Ricardo Lara reached an agreement with insurers with an aim to cover approximately 85% of properties in high-risk areas. “[My insurance plan] wasn’t canceled but my insurance company increased the rates quite a bit,” she said. But he cautioned there’s no guarantee of that, leaving homeowners like the Daneaus grappling with uncertainty.
Persons: Los Angeles CNN —, Michael, Kristy Daneau’s, Kristy, Michael Daneau, Kristy Daneau, That’s, “ We’re, ” Michael, , aren’t, Justin Sullivan, California’s, it’s, ” Michael Daneau, Ricardo Lara, Kristy Daneau's, what’s, Steve Hawks, Woolsey, Angela Wilson, LAEPF, Wilson, Brent Woodworth, there’s, “ I’m, we’ve, CNN’s Camila Bernal, Sarah Moon Organizations: Los Angeles CNN, Gas & Electric, Insurance Information Institute, California Department of Insurance, Farm, State, CNN, FAIR, California FAIR, California, Golden State, The Insurance Institute for Business & Home Safety, Institute for Business & Home Safety, for Business & Home, Los, Emergency Preparedness Foundation Locations: Cohasset, California, Paradise , California, Santa Monica, Malibu
The Engine Accelerator is part coworking space and part startup accelerator, though it doesn't invest. The Engine AcceleratorThe Engine Accelerator provides shared resources like chemistry fume hoods, flow cytometers, microscopes, spectrometers, ovens, and lathes. The anti-Y CombinatorThe Engine Accelerator isn't a typical accelerator in one key way. The Engine Accelerator separated into a venture fund and an accelerator late last year. Correction: August 16, 2024 — An earlier version of this story misstated what the Massachusetts Institute of Technology provided for The Engine Accelerator.
Persons: , Emily Knight, Y Combinator, Knight, Adam Slavney, Jinyoung Seo, Slavney, Pascal, Peña, Peña Feliz, He's, MacroCycle Organizations: Service, Business, Minks, Harvard, MIT, Pascal, Khosla Ventures, Massachusetts Institute of Technology, Engine Ventures Locations: Cambridge , Massachusetts
Private jet flights fell 15% in the first half of the year compared with their peak in 2022, as the industry grapples with waning demand and a new competitive landscape for high-end travel. Despite a short boost from the Summer Olympics, with a record 713 private jet flights to Paris the last week of July, the private jet industry continues to lose altitude this travel season. Jet It, a large U.S. private jet operator, shut down last year after grounding its fleet of Phenom 300s, Gulfstream G150s and HondaJets. Private jet passengers who paid six figures for flights started facing delays and cancellations as operators couldn’t buy or lease planes fast enough. “Prices are about 20% higher than they were in 2019,” Private Jet Card Comparisons' Gollan said.
Persons: Washington's, J, David Ake, Robert Frank, Covid, Rob Wiesenthal, George Mattson, VistaJet, Thomas Flohr, Doug Gollan, , Jay Duckson, , , I’m, Gollan, Travis Kuhn, “ It’s, ” Gollan, Berkshire Hathaway, ” Kuhn, Organizations: Gulfstream, Washington's Reagan National Airport, Getty, Private, Summer, Argus International, Blade Air Mobility, Delta Air Lines, CNBC, Industry, Central Business Jets, Companies, Jefferies, Argus, Berkshire Locations: Arlington , Virginia, Paris, U.S, Covid, Argus,
AdvertisementAs someone who's also been dating through whatever it is we've been doing romantically since 2020, I've noticed that my dating costs are going through the roof. How much should a date cost? For alcohol-free drinkers, the average price of a coffee is about $6 in New York City, which is comparable with other markets. Meanwhile, an informal 2022 report found that the average cost of a full body wax was $152, and Cosmopolitan reported in January that low-end forehead Botox would cost you $300. But even with the high up-front cost of dating, getting into a long-term relationship might pay off in the long run.
Persons: Ben Keenan, he's, Keenan, , who's, we've, I've, Amy Nobile Messing, Damona Hoffman, Poyser, Messing, there's, Hoffman, Caesar, Josh rosé, Andy Kiersz, they'd, would've, aren't, Keenan's, daters Organizations: American Museum of, Business, Inmar Intelligence, Cosmopolitan, HingeX, Seattle, Bills Locations: Seattle, New York City, Los Angeles, Hudson , New York, New York, America
Cisco CEO Chuck Robbins participates in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Cisco shares jumped about 7% on Thursday for their best day since November 2020, after the computer networking company said it's cutting 7% of its workforce and reported quarterly results that beat analyst estimates. Cisco reported $13.64 billion in revenue for the quarter, ahead of Wall Street estimates of $13.54 billion. Revenue fell 10% from the year-ago quarter, marking the third straight quarter of sales declines. WATCH: Cisco CEO Chuck Robbins on Q4 results
Persons: Chuck Robbins, Morgan Stanley, CNBC's, Robbins, — CNBC's Michael Bloom, Ari Levy Organizations: Cisco, Bloomberg, Economic, Revenue, Bank of America Locations: Davos, Switzerland
So you think you got a 'shut-up ring'
  + stars: | 2024-08-14 | by ( Samantha Grindell | ) www.businessinsider.com   time to read: +8 min
AdvertisementWhen she did get to see her partner, Millington didn't feel the connection she hoped she would. AdvertisementThe 'shut-up ring'Shortly after they got married, Millington said she realized that her then-husband had not wanted to. AdvertisementTikTokers even coined a phrase for situations like Millington's: a shut-up ring. AdvertisementIf you think marriage can solve your problems with your partner, Millington said to remember that a real marriage isn't like the happily ever afters you see in movies. "If you don't have this strong ironclad foundational marriage, you're not going to be able to survive the tough things."
Persons: , Monica Millington, Millington, Millington didn't, you'll, Landis Bejar, AisleTalk, Bejar, Maria Korneeva, They're, We've Organizations: Service, Business, Getty, Work Locations: Millington
London CNN —The United States and Europe are racing to narrow China’s commanding lead in clean energy technologies, throwing subsidies at local manufacturers and hiking tariffs on Chinese imports in a strikingly protectionist turn. Without China’s electric vehicles (EVs), solar panels, wind turbines, and batteries, reducing planet-heating pollution could take longer and ultimately increase costs for businesses and consumers. Beijing’s virtual monopoly on the processing of some critical minerals comes with particular risks for the global green transition. Zhu Haipeng/VCG/APAny delay in switching to clean energy will exact a heavy toll on the planet. Birol at the IEA also advocates for trade policies that diversify supply chains while reducing the risk of delays to the clean energy transition.
Persons: , Margrethe Vestager, , ” Fatih Birol, David G, Victor, Michael R, Davidson, ” Victor, Pierre, Olivier Gourinchas, Zhu Haipeng, Victor of, Birol, don’t Organizations: London CNN, Russia, Getty, , International Energy Agency, Global, University of California, CNN, Monetary Fund, McKinsey Global Institute, Victor of University of California, IEA Locations: United States, Europe, China, Lianyungang, Washington, Netherlands, Japan, Beijing, of Taicang, Suzhou, Brookings, University of California San Diego, Fuzhou, Victor of University of California San Diego
In today's big story, it's out with the old and in with the new CEO at Starbucks. Starbucks announced CEO Laxman Narasimhan was stepping down after less than two years on the job . Chipotle CEO Brian Niccol was tapped to lead Starbucks' turnaround efforts. In the release announcing the news , Howard Schultz, Starbucks' chairman emeritus and three-time CEO, made no mention of Narasimhan in his statement. At Starbucks, Niccol won't need to navigate a brand crisis like he did with Chipotle in the wake of its E. coli outbreak.
Persons: , he's Benjamin Button'd, Chelsea Jia Feng, Laxman Narasimhan, Brian Niccol, it's, Grace Dean, Howard Schultz, Narasimhan, Ryan Miller, Rebecca Zisser, Alex Bitter, It's, we've, Katie Notopoulos, Tyler Le, Joe Quinlan, Berkshire Hathaway, Goldman Sachs, Greg Tuorto, Josh Edelson, Justin Sullivan, Timo Lenzen, Mercedes, unmotivated, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock Organizations: Service, Starbucks, Business, Elliott Management, Orange County Museum of Art, Taco Bell, Merrill, Bank of America Private Bank, Getty, BI, Benz, Mercedes, Dolce, Gabbana, Walmart, Walgreens, Cisco Systems, UBS Locations: Chelsea, Narasimhan, Mexican, Berkshire, AFP, Dubai, Miami, New York, London
Scott M. Smith, 40, wasn't expecting student-loan forgiveness. Scott M. Smith, 40, received student-loan forgiveness through PSLF. AdvertisementThe freedom to go back to schoolFor Paul Smylie, 39, student-loan forgiveness means something else. Smylie's student-loan forgiveness is giving him the financial freedom to consider doing just that. In a rule first established under President Barack Obama, any student-loan borrower who can prove they are totally and permanently disabled is eligible for student-loan forgiveness.
Persons: Scott M, Smith, wasn't, — Smith, servicer, hadn't, , who's, PSLF, Joe Biden's, Millennials who've, Zers, millennials —, Gen Xers —, Paul Smylie, Smylie, Gen Xers, Chloe Moore, Financial Staples, Keenan Casey, CiCora Leigh, Leigh, Cicora Leigh, Barack Obama, Beverley —, Beverley, Grayson Hofferber, Hofferber, they'll, that's, someone's, Casey Organizations: Service, Public, Business, Education Department, Federal Reserve, SAVE, Appeals, Associated Press, Gallup, Lumina Foundation, millennials, Financial, Army, University of Mississippi, Veterans Affairs, BI, Millennial Wealth Management Locations: Mississippi, Beverley, forbearance, deferment
Despite the gloom about grocery costs, food price increases have generally been cooling for months. A central issue has plagued the Biden administration for most of its term: the steep rise in grocery prices. Despite the gloom about grocery costs, food price increases have generally been cooling for months. Image Several economists said they expected to see grocery inflation remain around current rates in the coming months. Grocery inflation remains a major political issueHigh food costs continue to pose a political challenge for the Biden administration.
Persons: Biden, Donald J, Trump, , David Ortega, Ortega, “ We’re, Mr, Jessica Attie, Omair Sharif, Sharif, Kamala Harris, Christopher B, Barrett, Jerlyn, , Heisz Organizations: Bloomberg, Federal Reserve, Investors, Republican, White, Workers, Michigan State University, The New York Times, Agriculture Department, KPMG, Democratic, PepsiCo, Cornell University Locations: Ukraine, Platteville, Wis
U.S. gymnast Jordan Chiles was stripped of her floor exercise bronze medal Sunday by the International Olympic Committee after a scoring inquiry was deemed invalid. Chiles is the only gymnast in history to be stripped of an Olympic medal for reasons other than age falsification or failed drug tests. The bronze medal debacle is the sport's most high-profile controversy since the 2000 Sydney Olympic Games, the site of the biggest scandal in Olympic gymnastics history. Jordan Chiles competes during the Women's Gymnastics Floor Routine final competition at the 2024 Paris Summer Olympics, at the Bercy Arena in Paris, on Aug. 5, 2024. The U.S. women's gymnastics team, which initially finished fourth in 2000, was awarded the bronze medal in 2010 after the Chinese team was disqualified.
Persons: Jordan Chiles, Chiles, Romania's Ana Bărbosu, Svetlana Khorkina, “ I’ve, , Kathy Kelly, Khorkina, Dmitry Lebedev, Andreea, Răducan, Simona Amânar, Raducan, Thomas Bach, Bach, ” Bach, Dong Fangxiao, Fangxiao's, Switzerland’s Fanny Smith, Germany’s Daniela Maier Organizations: International Olympic, Sport, Sydney Olympic Games, ESPN, Bercy, Kommersant, IOC, Swiss Federal Tribunal, Jordan, Beijing Winter Locations: Sydney, Paris, Soviet, Romania, Beijing, U.S
Three officials from different countries said the measured response comes as they are mindful of what happened after Maduro’s 2018 reelection. Then, the vote was quickly condemned as a sham and led to the most severe sanctions yet on the OPEC nation. In Washington, which under Republican President Donald Trump blocked Venezuela’s critical oil exports, there seems little appetite for more severe sanctions. The European Union last week said there was not enough evidence to support Maduro’s victory as announced by the CNE. Countries including China, Russia, Nicaragua and Cuba have recognized Maduro’s victory and offered him support.
Persons: Nicolás Maduro, Edmundo González, Jose Manuel Albares, Maduro’s, Donald Trump, Biden, Maria Corina Machado, Gonzalez, , Vedant Patel, Maduro, Elvis Amoroso, Kamala Harris, , , Machado Organizations: Electoral Council, Maduro, United Nations, EU, Republican, Democratic U.S, Venezuela’s, U.S ., . State Department, . Washington, U.S, U.S . Treasury Department, State Department, Reuters, American States, Electoral, International, European Union, CNE, NBC Locations: U.S, Brazil, Venezuela, Spanish, Spain, OPEC, Maduro, Washington, ., reneging, Elvis Amoroso ., Mexico, Colombia, Canada, Panama, China, Russia, Nicaragua, Cuba
Trump’s allies are also publicly making their pitch for him to refocus his attention on the race. “You’ve always got to be assessing the state of the race, and I would like to see more offense from the Trump campaign. On a swing of battleground states last week, Harris and her new running mate were greeted by a groundswell of supporters at each stop. "This was a TRUMP idea — She has no ideas, she can only steal from me," Trump wrote on Truth Social. In an appearance on Real America’s Voice last week, Trump’s political director, James Blair, made the case that it is a state-by-state race.
Persons: Donald Trump, Kamala Harris, Trump, , ” Trump's, , Harris, Joe Biden's, Brian Kemp, Kevin McCarthy, “ You’ve, ” McCarthy, Tim Sheehy, Dan Eberhart, , Biden, ” Trump, outpacing Harris, ” Karoline Leavitt, Trump’s, Walz, David Lee, Chris Grant, James Blair Organizations: Republican, Trump, NBC News, Fox News, Montana, Democrat, , Mar, Biden, ABC, Harris, Privately, CNBC, Democratic, , Labor, MAGA Inc, Politico, Real America’s Voice Locations: Georgia, Bozeman, Asheville , North Carolina, Pennsylvania, Florida, Las Vegas, Arizona, Michigan , Wisconsin , Nevada, North Carolina
CNN —At the end of July, Colorado became the latest US state to battle the spread of wildfires. There are satellites, which orbit the exosphere, between 375 miles (600 kilometers) and 6,200 miles (10,000 kilometers) above Earth, and also provide imagery, but often of a much lower quality than one of Urban Sky’s balloons. Another upside of Urban Sky’s balloons is cost, he says. It wants to create a model for both selling the balloons outright and operating the balloons itself while selling data as a service. “As wildfires continue to increase in frequency, intensity, magnitude and duration, such technology for managing wildfires could not come soon enough,” says Fisher.
Persons: Alexander, Jared Leidich, , Leidich, Joshua Fisher, perimeters, Ben Miller, Riley Reid, Urban, Fisher Organizations: CNN, Initiative, Urban, Sky, Concorde, California’s Chapman University, NASA, The Colorado Center of Excellence, Technology, US Geological Survey, NASA FireSense Locations: Colorado, Fort Collins, South Dakota, Briggsdale , Colorado
Desmond Lachman, a former IMF deputy director, says there are "plenty of reasons to worry" about the US economy in the months ahead. Another risk is the prospect of a second Trump presidency, given his proposed policies around tariffs and taxes, Lachman said. Advertisement"There are a huge number of risks," Lachman said. "The Fed could cut interest rates midmeeting but that would be because the sky was falling. But if the sky is not falling, the Fed doesn't want to give the impression that the sky is falling," Lachman said.
Persons: Desmond Lachman, Lachman —, Lachman, Trump, , France Organizations: Service, Business, Lachman, American Enterprise Institute, AEI, Trump, EU Locations: China, Israel, Gaza, Lebanon, Palestine, Iran, France, Italy, Europe
The judge overseeing X's lawsuit against advertisers has recused himself following a news report that showed he owned shares of Tesla . In a recusal notice dated Aug. 13, U.S. District Judge Reed O'Connor in Texas backed out of X's case against the World Federation of Advertisers, which was filed last week. X, formerly known as Twitter, is owned by Elon Musk, who is also the CEO and largest shareholder in Tesla. On Monday, NPR reported that O'Connor had owned shares of Tesla in 2022, the date of his last available disclosure, posing a potential conflict of interest. In X's lawsuit, the company accused a number of advertisers of engaging in antitrust behavior when they stopped ad campaigns on the site.
Persons: District Judge Reed O'Connor, Elon Musk, O'Connor, weren't, Ed Kinkeade, Sen, John Cornyn Organizations: Tesla, District, World Federation, Elon, NPR, Companies, Unilever, Mars, CVS Healthcare, Orsted, WFA, Global Alliance, Responsible Media, X, Media Matters, America Locations: U.S, Texas, Tesla, Europe, North Texas, China
Total: 25