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☆ NASA to unveil first newly returned near-Earth asteroid sample
▼ + stars: | 2023-10-11 | by ( Steve Gorman | ) www.reuters.com time to read: +3 min

The material collected by the OSRIS-REx spacecraft three years ago from the near-Earth asteroid Bennu was to be unveiled at NASA's Johnston Space Center in Houston, a little more than two weeks after it was parachuted into the Utah desert. The landing of the return capsule capped a six-year joint mission of the U.S. space agency and the University of Arizona. It was only the third asteroid sample, and by far the biggest, ever returned to Earth for analysis, following two similar missions by Japan's space agency ending in 2010 and 2020. At the time it landed, the Bennu sample was estimated to weigh about 100 to 250 grams (3.5 to 8.8 ounces). Reporting by Steve Gorman in Los Angeles; Editing by Will DunhamOur Standards: The Thomson Reuters Trust Principles.

Persons: Keegan, REx, NASA's, Johnson, Samples, Steve Gorman, Will Dunham Organizations: NASA, Department of Defense's Utah, Space Center, University of Arizona, Utah Test, Empire, Thomson Locations: Dugway , Utah, U.S, Houston, Utah, Ryugu, Los Angeles

☆ What workers on strike need to know about collecting unemployment benefits
▼ + stars: | 2023-10-10 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

Massachusetts, Connecticut and Pennsylvania have recently tried to start providing striking workers jobless benefits, too. Here's what else workers on strike should know about unemployment benefits. Workers on strike in the Empire State can typically collect the benefits for as long as 26 weeks. Workers on strike in New Jersey may also qualify for unemployment benefits, and lawmakers recently shortened the waiting time for eligibility there, too, to 14 days, down from 30. Workers in the state can usually collect unemployment benefits for up to 26 weeks.

Persons: Frederic J, Brown, Gavin Newsom, Michele Evermore, haven't, Evermore, Rob Sampson, Johnnie Kallas, Phil Murphy Organizations: Kaiser Permanente, AFP, Getty, The Century Foundation, United Auto Workers, Bloomberg, Republican, Cornell University's School of Industrial and Labor Relations, Labor, New York, Workers, New York State Department of Labor, New, New Jersey Gov Locations: Los Angeles, , New York, New Jersey, California, Massachusetts , Connecticut, Pennsylvania, Wayne , Michigan, Connecticut, New York , New Jersey

☆ Capsule with NASA's first asteroid sample heads for Utah touchdown
▼ + stars: | 2023-09-24 | by ( Steve Gorman | ) www.reuters.com time to read: +5 min

The robotic spacecraft OSIRIS-REx is scheduled to release the gumdrop-shaped capsule, transporting about a cup of gravelly asteroid material, at 6:42 a.m. EDT (1042 GMT) for a final descent to Earth, climaxing a seven-year voyage. The spacecraft departed Bennu in May 2021 for a 1.2-billion-mile (1.9-billion-km) cruise back to Earth, including two orbits around the sun. The Bennu sample is estimated at 250 grams (8.8 ounces), far surpassing the 5 grams of material carried back from Ryugu in 2020 or the tiny specimen delivered from asteroid Itokawa in 2010. Scientists hope the integrity of the capsule and inner cannister bearing the asteroid material will be maintained through re-entry and landing, keeping the sample pristine and free of any terrestrial contamination. The main portion of the OSIRIS-REx spacecraft, meanwhile, is expected to sail on to explore yet another near-Earth asteroid, named Apophis.

Persons: Joel Kowsky, REx, climaxing, NASA's, Steve Gorman, Rosalba O'Brien Organizations: United Launch Alliance, V, Cape Canaveral Air Force, NASA, Handout, Reuters, University of Arizona, Empire, NASA's Johnson Space Center, Thomson Locations: Florida, U.S, Utah, Salt Lake City, military's, Ryugu, Houston, Los Angeles

☆ NASA's first asteroid sample parachutes into Utah desert
▼ + stars: | 2023-09-24 | by ( Steve Gorman | ) www.reuters.com time to read: +4 min

Sept 24 (Reuters) - A NASA space capsule carrying the largest soil sample ever scooped up from the surface of an asteroid streaked through Earth's atmosphere on Sunday and parachuted into the Utah desert, delivering the celestial specimen to scientists. It marked only the third asteroid sample, and by far the biggest, ever returned to Earth for analysis, following two similar missions by Japan's space agency ending in 2010 and 2020. OSIRIS-REx collected its specimen three years ago from Bennu, a small, carbon-rich asteroid discovered in 1999. Parachutes deployed near the very end of the descent, slowing the capsule to about 11 mph before it fell gently onto the desert floor of northwestern Utah. The Bennu sample has been estimated at 250 grams (8.8 ounces), far surpassing the 5 grams carried back from Ryugu in 2020 or the tiny specimen delivered from asteroid Itokawa in 2010.

Persons: REx, NASA's, Steve Gorman, Rosalba O'Brien Organizations: NASA, University of Arizona, Empire, NASA's Johnson Space Center, Thomson Locations: Utah, Salt Lake City, military's, Bennu, Ryugu, Houston, Los Angeles

While the agreement still needs to be ratified by members of WGA, which represents more than 11,000 writers, this marks a significant turning point in the nearly five-month-long strike. The current walkout came close to beating the longest strike in WGA history, a 1988 strike that lasted 154 days. “But we are, as of today, suspending WGA picketing.” The Guild encouraged members to join the picket line for the actors’ strike instead this week. One person close to the matter said that, as a result, writers could potentially be back to work in just days. People familiar with the matter on Sunday night voiced optimism the studios’ agreement with the writers will also allow it to reach a deal with the actors.

Persons: ” Organizations: Los Angeles CNN, Writers Guild of America, WGA, SAG, Hollywood, Industries, Empire State Development Locations: Hollywood, New York

☆ NASA scientists plan to bake, slice, and fire lasers at the asteroid sample from OSIRIS-REx to understand the creation of our solar system
▼ + stars: | 2023-09-23 | by ( Maiya Focht | ) www.businessinsider.com time to read: +4 min

NASA's OSIRIS-REx spacecraft is scheduled to deliver a return capsule with asteroid dust on Sunday. Scientists hope to study the asteroid dust and dirt in every way possible. After nearly three years, NASA's OSIRIS-REx is scheduled to finally deliver the largest asteroid sample ever to the Utah desert at approximately 10:55 a.m. That's right, an asteroid sample is headed for Earth. A rotating mosaic of asteroid Bennu, composed of images captured by NASA's OSIRIS-REx spacecraft over a four-hour period.

Persons: NASA's, REx, Noah Petro, Petro, Dante Lauretta, OSIRIS, Lauretta, NASA's OSIRIS, University of Arizona Lauretta, Lori Glaze, they'll Organizations: Service, Empire, NASA's Goddard Space, NASA, Goddard, University of Arizona, Planetary Science, JPL, Caltech Locations: Utah, Wall, Silicon

☆ NASA's first asteroid sample on track for Sunday parachute landing in Utah
▼ + stars: | 2023-09-23 | by ( Steve Gorman | ) www.reuters.com time to read: +4 min

Acquire Licensing Rights Read moreLOS ANGELES, Sept 23 (Reuters) - A NASA space capsule carrying a sample of rocky material plucked from the surface of an asteroid three years ago hurtled toward Earth this weekend headed for a fiery plunge through the atmosphere and a parachute landing in the Utah desert on Sunday. OSIRIS-REx collected its specimen from Bennu, a carbon-rich asteroid discovered in 1999 and classified as a "near-Earth object" because it passes relatively close to our planet every six years. The Bennu sample is estimated at 250 grams (8.8 ounces), far surpassing the amount of material carried back from asteroid Ryugu in 2020 and asteroid Itokawa in 2010. The main portion of the OSIRIS-REx spacecraft, meanwhile, is expected to sail on to explore yet another near-Earth asteroid. Reporting by Steve Gorman in Los Angeles, Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: REx, Sandra Freund, Lockheed Martin, Dante Lauretta, NASA's, Steve Gorman, Rosalba O'Brien Organizations: United Launch Alliance, V, Cape Canaveral Air Force, NASA, Lockheed, University of Arizona, Empire, NASA's Johnson Space Center, Thomson Locations: Florida, U.S, ANGELES, Utah, military's, Salt Lake City, Tucson, Houston, Los Angeles

☆ NASA scientists calculated the exact date an asteroid could hit Earth with the force of at least 24 nuclear bombs. Thankfully, it's a long way off.
▼ + stars: | 2023-09-22 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

Asteroid Bennu has a slim chance of hitting our planet on September 24, 2182, NASA said. It would release as much energy as about 24 nuclear bombs, so NASA is keeping a close eye on it. Dust grabbed from the asteroid by NASA's Osiris-Rex spacecraft is due to arrive on Earth on Sunday. NASA scientists are keeping a close eye on asteroid Bennu, a 1,610-foot-wide cosmic object that could smash into our planet. Bennu was photographed under all angles by NASA's Osiris-Rex mission.

Persons: NASA's Osiris, Tsar Bomba, NASA's, — it's, there's, Bennu, Rex Organizations: NASA, Service, Empire, Eiffel, NASA's Goddard Space Flight, University of Arizona NASA, NASA's Goddard Space Locations: Wall, Silicon, Bennu, Chelyabinsk, Russia, Utah

☆ Budweiser says it has stopped chopping the tails of the iconic Clydesdale horses used in its commercials and promotions
▼ + stars: | 2023-09-21 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +3 min

Budweiser's famous horses will have longer tails now that the company has stopped clipping them. Anheuser-Busch, the parent company of the beer brand, said in a press release on Wednesday that it no longer clips its Clydesdales' tails, a procedure known as docking. Budweiser Clydesdales handler John Fink walks the horses prior to bathing them at Houston Polo Club. In its campaign, PETA noted that horses use their tails to communicate and swat away flies, which can carry diseases. The Clydesdale breed of horses originated in Scotland and are synonymous with the Budweiser brand .

Persons: John Fink, They've, Amy Trout Organizations: Anheuser, Busch, Budweiser, PETA, Service, Veterinary Medical Association, Houston Polo Club, Houston Chronicle, Hearst Newspapers, Getty, American, Clydesdale, Super, Pro Football Hall of Fame, Empire State Locations: Wall, Silicon, Scotland, Missouri, New England

The sample capsule will parachute into the Utah desert as its mothership, the Osiris-Rex spacecraft, zooms off for an encounter with another asteroid. The asteroid samples will be handled inside nitrogen-purging gloveboxes by staff in head-to-toe clean room suits. ASTEROID AUTUMNThis fall is what NASA is calling Asteroid Autumn, with three asteroid missions marking major milestones. Both the NASA spacecraft and its target — a metal asteroid — are named Psyche. Japan’s first asteroid sample mission returned microscopic grains from asteroid Itokawa in 2010.

Persons: —, ”, University of Arizona’s Dante Lauretta, Rex, Bennu, Lauretta, NASA’s, Johnson, Kevin Righter, Lucy Organizations: NASA, University of Arizona’s, Empire, Defense Department’s Utah, NASA’s Johnson Space Center, Apollo, Soviet Union, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Utah, Japan, Bennu, Colorado, Houston, Antarctica, Cape Canaveral , Florida, U.S, China

☆ The 10 best US cities for starting a family and raising kids while having access to healthcare and the outdoors
▼ + stars: | 2023-09-13 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +2 min

US News & World Report compiled the best places for families to live across America. All are nature-filled and have ready access to healthcare — things homebuyers are keen on. The list takes into account factors like the quality of education, crime rates, and healthcare. Crime rates and access to healthcare are often also important considerations for those looking to raise a family. Here are the 10 best places to move to this year if you have a family, according to US News & World report.

Organizations: Service, US News Locations: America . Huntsville , Alabama, Wall, Silicon, Albany , New York, Grand Rapids , Michigan

☆ Spider-Man 2’s New York Is a Web of Skyscrapers and Brownstones
▼ + stars: | 2023-09-09 | by ( Zachary Small | More About Zachary Small | ) www.nytimes.com time to read: +1 min

Reality and fantasy were deeply intertwined in Marvel’s Spider-Man, where gamers swung from webs above Lincoln Center and leaped from the Empire State Building’s spire into the crowds leaving the subway station at Herald Square. The comic book icon also brought his own landmarks to that version of New York City, which hosted the Avengers headquarters a few blocks north of the United Nations and a supervillain prison in the East River. The designers at Insomniac Games are now expanding the superhero’s jurisdiction beyond Manhattan for the sequel, to be released for the PlayStation 5 on Oct. 20. Marvel’s Spider-Man 2 swells into Queens and Brooklyn (including Coney Island attractions), testing a design team responsible for nearly doubling the real estate of the 2018 original. The game’s design director, Josue Benavidez, said his research involved contacting organizations like the Center for Brooklyn History, posting on Reddit groups devoted to the borough and calling businesses near the buildings he was studying.

Persons: Josue Benavidez Organizations: Lincoln Center, Empire, Herald, Avengers, United Nations, Insomniac Games, PlayStation, Insomniac, for Brooklyn Locations: New York City, East, Manhattan, Queens, Brooklyn, Coney, United States, Burbank , Calif, Durham, N.C

☆ Stocks may be losing market leader just ahead of August inflation reports next week
▼ + stars: | 2023-09-08 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The stock market may be losing one of its leaders heading into the release of key inflation reports next week that could clarify the path of future monetary policy. Apple weakness However, even after Apple's drop this week, some investors expect to see further declines in Apple because of deteriorating stock price momentum. A hotter-than-expected price report will likely add to investor concern over sticky inflation and tighter monetary policy, weighing on equities. Monday Sept. 11 Earnings: Oracle Tuesday Sept. 12 6 a.m. NFIB Small Business Index (August) Wednesday Sept. 13 8:30 a.m. Consumer Price Index (August) 8:30 a.m. Initial Claims (09/09) 8:30 a.m. Producer Price Index (August) 8:30 a.m. Retail Sales (August) 10 a.m. Business Inventories (July) Earnings: Lennar , Adobe , Copart Friday Sept. 15 8:30 a.m.

Persons: Rob Ginsberg, Tim Cook, selloff, Wolfe Research's Ginsberg, Ginsberg, Dan Niles, Satori, Wolfe's Ginsberg, Alex McGrath, FactSet, isn't, Price, —, Michael Bloom, Gabriel Cortes Organizations: Apple, Wolfe Research, Dow Jones, Nasdaq, Nvidia, Tech, Satori Fund, U.S . West Texas, ICE Brent, Federal Reserve, Wealth, Traders, United Auto Workers, UAW, Big Three, General Motors, Ford Motor, Treasury Budget, Retail, Adobe, Price, Index, Manufacturing Locations: China, Apple, U.S, @CL, Michigan

☆ I'm a freshman at NYU and just moved into my dorm. I wasn't prepared for how overwhelming and scary my first few days would be.
▼ + stars: | 2023-09-06 | by ( Zoe Applebaum | ) www.businessinsider.com time to read: +5 min

I just moved into my dorm at New York University as a freshman. The move felt surreal because I'd dreamed about it for monthsWhen I arrived at NYU, I tried my best to take it all in. Zoe ApplebaumWhen I was finally done, I realized my dorm space wasn't perfect. I realized New York City would be an adjustment for meDuring my first few days at NYU, I found the city overstimulating. I researched New York City, packed everything I needed, and connected with people before getting to campus.

Persons: Unpacking, Peggy, I'd, —, Zoe Applebaum, I've Organizations: New York University, Service, NYU Locations: Wall, Silicon, Toronto, New York City, New York, Manhattan, Instagram, Target, Greenwich

☆ The 30 highest-paying jobs in New York State
▼ + stars: | 2023-08-28 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

Pediatric surgeon was the highest-paying job in New York, based on May 2022 data. Similarly to our published list of the highest-paying jobs in the US, medical occupations loom large on the list focused on New York. With the average for all occupations in the state being $74,870, all 30 of the highest-paying jobs in the state had averages well above that. AdvertisementAdvertisementBelow are the highest-paying jobs in New York. We included each jobs' average annual salaries and the number of people employed in each job in New York State from the Bureau of Labor Statistics.

Persons: Dermatologists, Andy Kiersz Organizations: Empire State, Pilots, Service, Bureau of Labor Statistics, BLS, New York Locations: Empire, New York, Wall, Silicon, New York State

☆ Remote jobs are becoming more 'gig-like' as workers feel detached from their company's mission, Gallup finds
▼ + stars: | 2023-08-24 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

Remote workers say their connection to their company and its mission feels increasingly "gig-like," Gallup finds. According to a new Gallup survey, a record low 28% of remote workers felt their company's mission made them feel their job is important, down from 32% last year and 37% in 2020. Remote workers are also on the whole feeling less loyal, which could impact employee retention and productivity. For some companies, remote work fits since employers trust their workers to get the job done. Hybrid and fully remote workers did not have improvements in engagement, though 38% of both groups still report feeling engaged.

Persons: Goldman Sachs, what's, — Organizations: Gallup, Service, Meta, Federal Reserve Bank of New, Manufacturing Survey, Business Locations: Wall, Silicon, India

☆ A millennial quit a job he loved rather than return to the office. Now he's making more money and working for bosses that don't suffer from 'productivity paranoia.'
▼ + stars: | 2023-08-24 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

The great remote work debateAs part of the war over remote work, employers and employees alike have debated whether or not a mandatory return-to-office policy actually works. With two kids at home, the flexibility of remote work — coupled with no commute — was a boon. The firms that are succeeding at remote work have saved money from giving up office leases and are making their employees feel happier along the way. "You're still in meetings, you're still engaged, but you're not under the thumb of somebody — not treated like a child." Have you quit over remote work, or are contemplating it?

Persons: Timothy Done, I've, you've, Sam Eitzen, Nicholas Bloom, Bloom, It's, Done, it's Organizations: Service, Workers, Stanford University, Federal Reserve Bank of New, Manufacturing Survey, Business, Survey, Microsoft, jkaplan Locations: Wall, Silicon, Egypt, Denver, Utah, It's, micromanagement

☆ New York will pay homeowners up to $125,000 to build an ADU in their backyard to help ease the nation's housing shortage
▼ + stars: | 2023-08-22 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +3 min

New York allocated $85 million to pay homeowners for building ADUs in their backyards. The state has given out $23.4 million to go to homeowners from the Buffalo area to New York City. As of August 15, the Empire State has spent $23.4 million doing so, according to New York State Homes and Community Renewal, which is in charge of the funds. miller.photo for VillaMany cities, in New York and beyond, have eased zoning ordinances to allow homeowners to build additional living units on their property. In California — where the housing crisis is especially dire — the state legislature even overrode local zoning ordinances, to allow all homeowners to build on their property.

Persons: Jolie Milstein, Kathy Hochul, HCR, miller.photo, Milstein Organizations: Service, Empire State, New York State Homes, Community, New York State Association for Affordable Housing, of, Villa, California —, Spectrum Locations: York, Buffalo, New York City, Wall, Silicon, Ulster County, Amherst, of New York City, Westchester, San Jose, New York, California

☆ US weekly jobless claims fall; tight labor market underpinning economy
▼ + stars: | 2023-08-17 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

The labor market is only slowing at the margin, with job gains in July being the second-smallest since December 2020. Labor market strength, excess savings accumulated during the COVID-19 pandemic and greater credit card usage to fund purchases have kept a recession at bay. Some economists saw the slight elevation as indicating a small margin of slack in the job market. The Philadelphia Fed’s business conditions index increased to a reading of 12.0 this month from -13.5 in July. A survey this week from the New York Fed showed business conditions in the “Empire State” remained depressed in August.

Persons: Shannon Stapleton, ”, Christopher Rupkey, Jerome Powell’s, Jeffrey Roach, Bill Adams, Daniel Silver Organizations: WASHINGTON, REUTERS, Federal, Labor Department, Reuters, Treasury, Conference, Labor, LPL Financial, Conference Board, Comerica Bank, Philadelphia Fed, New York Fed, JPMorgan Locations: New York City, U.S, New York, Ohio, California, Texas , Michigan , New Jersey, Pennsylvania, Virginia, Charlotte , North Carolina, Dallas, New Jersey, Delaware, Philadelphia, “

☆ Fitch warns it may be forced to downgrade multiple banks, including JPMorgan - CNBC
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +1 min

The Empire State Building and Manhattan skyline are pictured from the Summit at One Vanderbilt observatory in Manhattan in New York City, U.S., April 14, 2023. REUTERS/Mike Segar/File PhotoAug 15 (Reuters) - An analyst at Fitch Ratings warned that U.S. banks, including JPMorgan Chase (JPM.N), could be downgraded if the agency further cuts its assessment of the operating environment for the industry, according to a report from CNBC on Tuesday. In June, Fitch lowered the score of the U.S. banking industry's "operating environment" to AA- from AA, citing pressure on the country's credit rating, gaps in regulatory framework and uncertainty about the future trajectory of interest rate hikes. Another one-notch downgrade, to A+ from AA-, would force Fitch to reevaluate ratings on each of the more than 70 U.S. banks it covers, analyst Chris Wolfe told CNBC. Lenders were rocked earlier this month after Fitch's peer Moody's downgraded 10 mid-sized U.S. banks and warned it may cut ratings of several others.

Persons: Mike Segar, Fitch, Chris Wolfe, Moody's, Niket, Maju Samuel Organizations: Vanderbilt, REUTERS, Fitch, JPMorgan Chase, CNBC, Thomson Locations: Manhattan, New York City, U.S, Bengaluru

☆ Retail sales increased 0.7% in July, better than expected as consumer spending is holding up
▼ + stars: | 2023-08-15 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Consumer spending held up well in July as inflation slowed, with retail sales turning in a stronger-than-expected showing for the month, the Commerce Department reported Tuesday. The advanced retail sales report showed a seasonally adjusted increase of 0.7% for the month, better than the 0.4% Dow Jones estimate. Excluding autos, sales rose a robust 1%, also against a 0.4% forecast. Gas station sales rose just 0.4% on the month despite rising prices at the pump. On a 12-month basis, sales rose 3.2%, which is exactly in line with the annual increase in the CPI.

Persons: Dow Jones, Mike Loewengart, Jim Baird, Plante Organizations: Commerce Department, Gas, Federal, Fed, Morgan Stanley Global Investment, CPI, Bureau of Labor Statistics, BLS, Export, Consumers, Financial Advisors, Empire, Manufacturing Survey Locations: U.S, New York

☆ Eric Adams and the Self-Imposed Crisis of a Sanctuary City
▼ + stars: | 2023-08-14 | by ( Allysia Finley | ) www.wsj.com time to read: 1 min

Wonder Land: The United States is often described as a 'nation of immigrants,' but with Biden’s open river or another Trump wall, the clock on American pre-eminence could stop, as illegal immigration taints the legal path to citizenship. Images: AFP/Getty Images/Zuma Press Composite: Mark KellyNew York politicians often believe the rest of the country cares about their problems. But the only time most people give a thought to the Empire State’s largely self-inflicted woes is when they relish the schadenfreude of seeing progressives pay for misguided policies. The Big Apple ’s migrant mess is a case in point.

Persons: Mark Kelly Organizations: Getty, Mark Kelly New, Apple Locations: United States, Mark Kelly New York

The fanfare started building minutes before Mayor Eric Adams made his arrival on Monday. Dozens of supporters, most on Mr. Adams’s payroll, lined the City Hall rotunda staircase, behind the lectern where the mayor was about to appear. With everything in place, Mr. Adams strode in to make his announcement. He was elevating his press secretary, Fabien Levy, to become his administration’s seventh deputy mayor. In doing so, Mr. Adams was underscoring the importance he places on messaging: Mr. Levy, according to the mayor, will be the first person in New York City to hold the title of deputy mayor for communications.

Persons: Eric Adams, Jay, Alicia Keys —, Letitia James, Adams strode, Fabien Levy, Adams, Levy Organizations: of Locations: New York City

REUTERS/Carlo Allegri/File PhotoCompanies Starbucks Corp FollowAug 11 (Reuters) - A U.S. judge on Friday dismissed a conservative activist investor's lawsuit against Starbucks' (SBUX.O) board, opposing the company's diversity, equity and inclusion policies and calling it frivolous. The nonprofit, which holds around $6,000 in Starbucks stock, said those policies require the company to make race-baced decisions that violate federal and state civil rights laws. The lawsuit is similar to those recently by conservative activist groups opposing corporate diversity and inclusion efforts in the wake of a June Supreme Court ruling. The ruling declared unlawful the race-conscious student admissions policies used by Harvard University and the University of North Carolina. On Friday, Daniel Morenoff of The American Civil Rights Project argued that Starbucks policies seeking to increase racial diversity among its suppliers, vendors, and employees were discriminatory and that NCPPR's cause was in the corporate interest.

Persons: Carlo Allegri, District Judge Stanley Bastian, Daniel Morenoff, Bastian, Craig, Jody Godoy, Tom Hals, Chris Reese, Marguerita Choy Organizations: Empire, REUTERS, Companies Starbucks, Starbucks, National Center for Public Policy Research, Blacks, Chief U.S, District, Harvard University, University of North, American Civil Rights, Target Corp, Thomson Locations: Manhattan, New York, U.S, Spokane , Washington, America, University of North Carolina, Florida, Wilmington , Delaware

☆ Retailers take center stage in the week ahead, as Wall Street turns to the consumer for a much-needed boost
▼ + stars: | 2023-08-11 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

A raft of economic data and big retail earnings reports next week will give traders insight into the strength of the consumer after a mixed batch of inflation data. "Next week is all about the consumer," said Shannon Saccocia, investment chief at NB Private Wealth. The Nasdaq Composite fell for a second straight week for the first time in 2023 after mixed inflation data this week, as well as Moody's downgrading several regional banks. July's consumer price index came in weaker than expected, but continued to show some underlying stickiness. Housing data expected to show strength Investors will also watch data on what has been a strong housing market.

Persons: Shannon Saccocia, Saccocia, —, we've, John Porter, it's, Wealth's Saccocia, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo, Michael Kors, That's, Sam Stovall, Stovall, CFRA's Stovall, Estee Organizations: Home Depot, Walmart, Federal Reserve, Nasdaq, Dow Jones, Newton Investment Management, FactSet, . Discount, TJX Companies, Ross, Homeowners, Price, Retail, Health, Home, Agilent Technologies, Housing, Manufacturing, TJX, Target, Cisco Systems, Philadelphia Fed, Applied, Deere, Co, Companies, Palo Alto Locations: U.S, NAHB, Housing States

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