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Americans began to grapple with a nationwide epidemic of child abuse in Catholic parishes and other religious organizations in 2002, after a landmark Boston Globe investigation revealed a pattern of misdeeds and cover-ups in Boston that went back decades. Ten years earlier, Sinead O’Connor became a pop culture pariah in the United States for an on-air protest intended to raise awareness of the same problem. The backlash to her actions — tearing up a picture of Pope John Paul II on “Saturday Night Live” and then shouting “Fight the real enemy!” — was swift. Prominent Americans, including celebrities like Madonna and Joe Pesci, denounced her. Catholic leaders were outraged, including some who were forced to resign years later for their roles in covering up abuse.
Persons: Sinead O’Connor, Pope John Paul II, , Madonna, Joe Pesci Organizations: Boston Globe, Protesters, Rockefeller Center . Catholic Locations: Boston, United States
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Persons: Dow Jones, rockefellers
“The recent heat waves and scorching summer temperatures demonstrate the economic cost of heat stress,” Chris Lafakis, Moody’s Analytics’ director of economic research, wrote in an emailed response to a CNN query. Moody’s Analytics estimates that chronic physical risk from heat stress could reduce worldwide GDP by up to 17.6% by 2100. The losses are steepest in sectors such as agriculture and construction, but no industry or business is immune, she said. “Every summer we have a stretch [of excessively hot weather], where it might last from four days up to a week,” he said. “We have to look at the potential of our business model shifting to a nine-month facility going forward,” she said.
Persons: Lyn Thomas, there’s, Thomas, she’s, , it’s, Chris Lafakis, Liliana Salgado, , Kathy Baughman McLeod, Adrienne Arsht, Cesar Chavez, Damian Dovarganes, That’s, Jack Vessey wasn’t, He’s, “ It’s, Vessey, Zeyla Alcantara, Patrick Tiseth, Jobs, Ami Feller, I’ve, Los Cerrillos, Harrold Granthan, Bonnie Mendoza, David Wagner, bloodsicles, Mendoza, Zach Fowle, Kyle Ledeboer, ” Fowle, ” They’ve, Justus Swanick, Joshua Graff Zivin, ” Graff Zivin Organizations: Minneapolis CNN, Phoenix, CNN, Reuters Workers, Rockefeller Foundation Resilience, Atlantic Council, Rockefeller, IBEW, Company, Lone Star, Roofer, Saddle Riding Company, Phoenix Zoo, Arizona Wilderness, Arizona Wilderness Brewing, University of California San Locations: Minneapolis, Louisiana, United States, California, Los Angeles, Holtville , California, Imperial County, Texas, New Braunfels, Santa Fe , New Mexico, Los, , Arizona, Phoenix, University of California San Diego
Retail sales increased 0.2% last month, the U.S. Commerce Department said, but core retail sales increased 0.6%, excluding automobiles, gasoline, building materials and food services. Headline data for May also was revised higher to show sales gaining 0.5% instead of 0.3% as previously reported. Asian stocks fell earlier in the session as markets caught up with growth data from Monday showing the post-pandemic bounce in China's economy was over. Besides the Fed, the European Central Bank and the Bank of Japan also hold policy meetings next week. Expectations that the Fed and the ECB will diverge on rate hikes have caused the dollar to weaken recently.
Persons: Brendan McDermid, Morgan Stanley, Jimmy Chang, Chang, J.P, Morgan, Fiona Cincotta, DAX, Brent, Herbert Lash, Elizabeth Howcroft, Selina Li, Chizu Nomiyama, Jonathan Oatis, Deepa Babington Organizations: New York Stock Exchange, REUTERS, Bank, Federal, Bank of America, U.S . Commerce Department, Rockefeller, Dow Jones, Nasdaq, Deutsche Bank, Citigroup, Fed, European Central Bank, Bank of, ECB, U.S, West Texas, Thomson Locations: New York City, U.S, New York, Europe, China, Germany, Bank of Japan, London, Hong Kong
CNN —Oscar winner George Clooney has joined the chorus of artists calling for change as actors hit the picket lines in their first strike against film and television studios since 1980. “This is an inflection point in our industry,” Clooney told CNN in a statement on Friday. The SAG-AFTRA strike was officially announced on Thursday. Duncan Crabtree-Ireland, chief negotiator for SAG-AFTRA, stressed to reporters on Friday that the actors’ strike is not a ploy for big name stars to make more money. The writers’ strike had already halted production on most films and television shows.
Persons: CNN — Oscar, George Clooney, ” Clooney, , “ Ted Lasso ”, Jason Sudeikis, Sudeikis, Alexi Rosenfeld, Constance Zimmer, Lisa Edelstein, Fran Drescher, Duncan Crabtree, ” Crabtree Organizations: CNN, Screen, American Federation of Television, Radio Artists, SAG, Writers Guild of America East, NBC Rockefeller Center, Getty, WGA Locations: New York, Ireland
"He would know people's weaknesses and what they wanted and somehow always have something to offer," a former close friend said. Another close friend said Mickum once gave her a $1,000 loan "within minutes" when she needed it because of a credit-card crisis. He never "let the truth get in the way of a good story," a former close friend said. Hermès bags, like the Birkin and the Kelly, have always been symbols of unattainable luxury. There wasn't even a dust bag; Mickum claimed his mom's assistant would drop it off later.
Persons: George Mickum strode, Carlyle, Patty Hearst, He'd, Mickum, Birkin, swilling, Patty's, Gillian Hearst, Mr, George Mickum, Gillian Hearst's, George, Sally Painter, who'd, Peter Davis, Jackie O, Barbara Walters, Alessia Fendi, influencer Hannah Stella, Nick Hissom, Steve Wynn, Hearst, they'd, Prince Charles, Anna Delvey, Patty Hearst's, Rumor, he'd, wasn't, Met Breuer, Peter Poopat, George Santos, Trinity, Elisabeth Thieriot, Thieriot, Hermes, , Painter, Paul Mickum, George Mickum III, Sally, Painter's, Poopat, PJ Pascual, Patrick McMullan, Ramona Singer, Lauren Lawrence, Lawrence, Van Cleef, Nicole Salmasi, Trudy, Mike Vitelli, Eric Schmidt, Schmidt, Eric, R, Couri Hay, They're, Astor, William Randolph Hearst, Orson Welles, Kane, Gillian's, Bill Clinton, Patty, Bernard Shaw, Gillian, Lydia —, Shaw, Maxim, Lydia, Kane we're, Christian Simonds, Pierre, Krista Corl, Dee Dee, Scott Buccheit, Naeem Delbridge, Pascual, who's, We're, buttering, Simonds, Matthew Kehoe, England, — Hearst, Delbridge, Hearst's, Mario Glen Coco, Hearsts, Astrid Stawiarz, Tiger Woods, Ernie Els, Justin Timberlake, Joe Lewis, Buccheit, Mary McCarthy, Lillian Hellman, Mickum's, Christie Grimm, Steve, Kameron Ramirez, Hissom, Ramirez, Nick, Hunt, Damien Hirst, Douglas Elliman, Harry Winston, David Fiszel, invitees, Fiszel, Darian, Winston, Martha Stewart's, Mendel minks, Vacheron Constantin, Tao, Melinda French Gates, Shawn Mendes, Bill, Hillary Clinton, Neiman Marcus, Damien Hirst's, Damien, weren't, Kelly, Alexis Clarbour, Clarbour, Paul Wharton, you've, Wharton, Sean Zanni, Michael Coste, Hannah Stella, Coste's, Stella, Scott Fitzgerald, Coste, Goodman, Courroies Birkin, didn't, Aman, Cartier, Mickum's bluster, skeptically, satchel, Clarbour's, He's, We've, Sider, Philippe, Buccheit texted Pascual, he's, Hay, Café Carlyle, Alexander Hankin, Burisma, Hunter Biden, Mickum hasn't, There's, They've, Amy X, Wang, King Charles, Tracey Amon, Amon, GEORGE MICKUM Organizations: Hearst, Blue, Potomac, Hamptons, East, Met, University of Delaware, Southampton Bathing Corporation, Fields School, Georgetown Law, DC, Town &, New York Daily News, The New York Times, Google, Carnegie, Rockefeller, Cosmopolitan, Symbionese Liberation Army, Hearst Corporation, Vogue, Society of Memorial Sloan Kettering, Stockbridge Golf, New, Tiger, Tottenham, Douglas, Martha Stewart's Hamptons, Mickum, Projects, Madison, Getty, Antibes, Nike, Rue du Faubourg Saint, Couture, US, UN, New Yorkers, Avenue Couture, Hermès, Republican, Justice Department, Blue Star, Town, New York Times Magazine Locations: Bemelmans, Clinton, York, Palm, New, London, Manhattan, Dalton, Bay, Windsor Castle, Haute, Washington , DC, New York, Baccarat, The, San Francisco, Wilton , Connecticut, Side, Wyntoon, California, Buccheit, woodsy Stockbridge , Massachusetts, Stockbridge, Bahamas, Albany, Nobu, Martha, Peking, Paris, Istanbul, St, Georgetown, China, Italy, Hermès, Amalfi Coast, du, Midtown, brunch, Rue, Central Park, Mickum, Turkey, La, Café, Ukrainian, Ukraine
Courtesy CoteArgentinian maestro Mauro Colagreco was the first ever non-French chef to earn three Michelin stars in France, at Mirazur on the famed French Riviera. Gastronomic restaurant Plénitude by chef Arnaud Donckele marked an extraordinary debut by being awarded the pinnacle of three Michelin stars just six months after opening. Since 2021, they have held three Michelin stars for their cuisine, which celebrates peerless produce from their sustainable farm just seven miles away. Lung King Heen, Four Seasons Hong KongLung King Heen was the first Chinese restaurant to hold three Michelin stars. Capella Hotels & ResortsFinally to Vietnam, where Michelin published its first ever guide in June 2023.
Persons: Winston Churchill, Albert Einstein, it’s, Heiko Nieder, carne ”, Ben Benoliel, Alex Nietosvuori, Ally Thompson, Hjem, morel, Cigliutti Enrico Crippa, Piazza, Crippa, Ferran Adrià, Mauro Colagreco, Côte, Raymond Blanc, Paul Wilkinson Chef Raymond Blanc, Lady Gaga, Queen Elizabeth II, , ” Blanc, Luke Selby, Plénitude, Cheval Blanc, France Plénitude, Sylvie Becquet, Blanc Paris, chef Arnaud Donckele, Chopin, Maxime Frédéric –, Aled Williams, Gareth Ward, Il Ristorante Niko Romito, Ristorante Niko Romito, Niko Romito, Romito, Giacomo Amicucci, Kyle, Katina, Michel Bras, Le Saint, Martin, Château Saint, France Le Saint, Chef Jean, Luc Lefrançois, Saint, , sommelier Vincent Arhuro, King Heen, Hong Kong Lung King Heen, Heen, who’s, Chan Yan Tak, Rome Cavalieri, Pergola, Heinz Beck, Hatta, Ushikubo, Raby Hunt, Raby Hunt's Michelin, James Close, Maria, Chef Maria, Lorenz Adlon Esszimmer, Germany Lorenz Adlon Esszimmer, Lorenz, Young, Reto, Thomas Edison, Henry Ford, John D, Waku, Ghin, Tetsuya Wakuda, There’s, Tetsuya, they’re, kinome, It’s, Denmark There's, Jean Marchal, Maria Coppy, Jakob de Neergaard, iberico, Sven Wassmer, , Lumnezia, Douglas, Koki, Hiroshi Yamaguchi, Bill Bensley, Chris Dwyer Organizations: CNN, Michelin, Duomo, Capella, Rosewood, of, Notre Dame, Resorts, Dubai Michelin, Resort Dubai, Reale, peerless, , Le Saint, Hong, Hong Kong Lung, Seasons Hong, Rockefeller, Sands, Royal Suite, Royal, Swiss, Koki, Capella Hotels, Capella Hanoi Locations: Bangkok, Piedmont, Hanoi, Tokyo, Zurich, Switzerland, Northumberland, Hadrian's, Swedish, England, Wall, Piazza Duomo, Alba, Italy, Japan, Spanish, Capella Bangkok, Thailand, France, Mirazur, Thai, Rosewood Hong Kong, Hong Kong, Chaat, Oxfordshire, , Cheval Blanc Paris, of Light, City of, Powys, Wales, Bulgari, Dubai, UAE, Italy’s Abruzzo, SingleThread, California, Healdsburg, Sonoma, Toya, Le, Provence, French, Vence, Marseille, Seasons Hong Kong, Yunnan, Peking, La, Rome, Eternal, County Durham, Darlington, romaine, Berlin, Germany, Brandenburg, Young Swiss, Europe, Marina, Sands, Singapore, Australia, Shizuoka, Hokkaido, d’Angleterre, Copenhagen, Denmark, Marchal, Hibana, Capella Hanoi, Vietnam
From Taylor Swift On her birthday in 2019, Swift shared this photo of herself as a child. From Taylor Swift A 13-year-old Swift sings the National Anthem before an NBA game in Philadelphia in 2002. Kevin Winter/ACMA/Getty Images Swift sings the National Anthem before Game 3 of the 2008 World Series in Philadelphia. John Mabangalo/Pool/Getty Images Swift performs during a sold-out show at New York's Madison Square Garden in 2009. Jeff Kravitz/Getty Images Swift performs on stage during an "Eras Tour" concert in Atlanta in April 2023.
Persons: CNN — Taylor Swift, ” Swift, , Swift, ” Taylor, shaming, ” Taylor Swift, Christopher Polk, Scott, Andrea Swift, Taylor Swift, Jesse D, Tim McGraw, Kevin Winter, John Mabangalo, Chad Batka, Bryan Bedder, Larry Busacca, Miley Cyrus, Lucas Till, Hannah Montana, Sam Emerson, Everett, Jonas, Frank Masi, Taylor, I'm, West, Beyonce, Jeff Kravitz, Lucy Nicholson, Christopher Morris, Josh Haner, Kevin Mazur, James Taylor, Charles Sykes, Matt Sayles, Mark J, Terrill, Invision, Jimmy Fallon, Douglas Gorenstein, Nicholas Harvey, Kanye West, Kim Kardashian, Laraine Newman, Bill Hader, Taran Killam, Kristen Wiig, Keenan Thompson, Fred Armisen, Kerry Washington, Betty White, Bradley Cooper, Dana Edelson, Andrea, Ethan Miller, Tim Boyles, Selena Gomez, Jordan Strauss, Mike Coppola, John Shearer, Andrew Lloyd Webber, Brandon Urie, Katy Perry, Republic Records Jack Antonoff, Aaron Dessner, Will Heath, Seth Wenig, Terence Rushin, didn’t, It’s, , Scooter Braun, Braun Organizations: CNN, Staples Center, NBA, of Country, Garden, New York Times, New York's Rockefeller Center, Walt Disney Co, Kanye, Madison, MTV, NBC, ACM, Academy of Country, Getty, New York's Metropolitan Museum of Art, Universal Pictures, Coachella, Republic Records, New York University, Machine Locations: Los Angeles, West Reading , Pennsylvania, Philadelphia, Las Vegas, New York, Auburn Hills , Michigan, Newark , New Jersey, Pennsylvania, Frankfurt, Germany, London, Arlington , Texas, Tampa, Chicago, Atlanta
Massive fires burning in remote areas – like some of those currently burning in northwestern Quebec – are often too out of control to do anything about. Ed Jones/AFP/Getty Images Smoke from wildfires in Canada shrouds the view of the Statue of Liberty on Friday in New York. Jim Watson/AFP/Getty Images Smoke and haze is seen from the Lincoln Memorial in Washington, DC, on Tuesday, June 27. Matt McClain/The Washington Post/Getty Images Smoke from Canadian wildfires obscures the visibility in Pittsburgh on June 8. Another issue is the increase in the wildfires are caused by climate change, and are simultaneously making climate change worse.
Persons: ” Robert Gray, you’ve, they’re, “ There’s, don’t, , Daniel Perrakis, ” Gray, Shiraaz Mohamed, Gray, , ” Perrakis, Ed Jones, David Dee Delgado, Gary Hershorn, Haze, Gene J, Jim Watson, Megan Smith, Kamil Krzaczynski, Cpl Marc, Andre Leclerc, Drew Angerer, Shannon Stapleton, Ronald Reagan, Saul Loeb, Matt McClain, Emmalee Reed, Hannah Beier, Mandel Ngan, New York City, Timothy A, Clary, Mike Segar, John Minchillo, Shanita Hancle, Seth Wenig, Matt Rourke, Ting Shen, Matt Slocum, Amr Alfiky, John Meore, Leah Millis, George Washington, Peter Carr, Yuki Iwamura, Kareem Elgazzar, Carlos Osorio, Frank Franklin II, Merrily Cassidy, Spencer Colby, Jason Rock, BJ Fuchs, Anne, Sophie Thill, we’ve, it’s Organizations: CNN, Canadian Forest Service, Firefighters, Getty, ” “, Nature Conservancy, Rockefeller Center, North, Corbis, PNC Park, Major League Baseball, Pittsburgh Pirates, San Diego Padres, Traffic, Chesapeake, Lincoln Memorial, USA, People, Canadian Forces, Reuters, BC, Service, Xinhua, Ronald Reagan Washington National Airport, Washington Post, Bloomberg, Capitol, Trade, AP Transit, T, Alberta Wildfire, New, New York City, Getty Images Workers, Citizens Bank, Philadelphia Phillies, New York Yankees, Empire, George Washington Bridge, New York State Thruway, Cincinnati Enquirer, Cape Cod Times, Anadolu Agency, Canadian Press, AP, Wildfire Service, Communications, Space, NASA, Reuters Firefighters, Kamloops Fire Rescue, Shining Bank Locations: Wisconsin, Vermont, North Carolina, Canada, Quebec, Canadian, British Columbia, Alberta, Ontario, Mexico, Costa Rica, Chile, Spain, Australia, New Zealand, South Africa, South Korea, France, AFP, New Jersey, Manhattan, New York, North America, New, Pittsburgh, Stevensville , Maryland, Washington ,, Chicago, Lake Michigan, Mistissini, Ronald Reagan Washington, Arlington , Virginia, Washington, Philadelphia, Elmont , New York, Baltimore, Evansburg , Alberta, Brooklyn , New York, Piermont , New York, Fort Lee , New Jersey, George, West Nyack, New York's, New York City, Cincinnati, Rock Harbor, Massachusetts, Cape Cod, Ottawa, Fort Nelson, Shelburne County , Nova Scotia, Communications Nova Scotia, Shelburne , Nova Scotia, Fort St, John, Kamloops, Shining Bank , Alberta, Lytton
How Scared Should You Be About Commercial Real Estate?
  + stars: | 2023-06-30 | by ( James Mackintosh | ) www.wsj.com   time to read: 1 min
A new deal has put a $2 billion value on 245 Park Avenue in Manhattan. Photo: Cam Pollack/The Wall Street JournalNothing gets the blood running in the veins of U.S. property investors like interest from Japanese buyers. The legendary prices paid by Japanese buyers of American trophy assets culminated in Mitsubishi Estate taking control of New York’s Rockefeller Center in 1989—just before Japan slumped. It defaulted on its mortgage just six years later.
Persons: Cam Pollack, Organizations: Mitsubishi Estate, York’s Rockefeller Center Locations: Manhattan, Japan
Chris Christie brought his Talking Truth to Donald Trump performance back to New Hampshire on Wednesday evening, aiming a fresh quiver of poison darts at the former president. His talk pleased a small Trump-skeptical crowd, but raised the big question about Mr. Christie’s candidacy: Where are all the other Republican voters? For the most part, Mr. Christie was preaching to the choir. “What in your opinion,” asked one man, “happened to the Republican Party? At the same time, Mr. Christie, who has positioned himself as Mr. Trump’s most direct critic, tops the list of 2024 candidates that Republicans say they will never consider.
Persons: Chris Christie, Donald Trump, Christie’s, Christie, hasn’t, “ I’m, , Trump, nudging Organizations: New Hampshire, Trump, Republican, Rockefeller Republican ”, Democrat, Foreign, Republican Party, Mr, Republicans Locations: New, Derry, New Hampshire
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMany Asian countries are benefiting from the U.S.-China cold war, says Rockefeller's Ruchir SharmaRuchir Sharma, Rockefeller International chairman, joins 'Closing Bell Overtime' to discuss investment opportunities in India, his earlier calls on China, and how other Asian countries are benefiting from strained U.S.-China relations.
Persons: Rockefeller's Ruchir Sharma Ruchir Sharma Organizations: U.S ., Rockefeller International Locations: U.S, China, India
Opinion | Creating a Path for More Black Economists
  + stars: | 2023-06-19 | by ( Peter Coy | ) www.nytimes.com   time to read: +3 min
“If this is what economics is teaching, who wants to be part of that?”Myers is an interesting person. Myers told me about the economists, both Black and white, who lent a hand to him and others early on. One was his father, Samuel L. Myers, a path breaker who earned a doctorate in economics from Harvard in 1949. “I’m happy and content that I’m unapologetically Black,” he said. He added: “The summer program is producing deep thinkers.”
Persons: , I’m, , ” Myers, Roy Wilkins, Wilkins, Myers, Samuel L, Marcus Alexis, Andrew Brimmer, Clifton Wharton, Phyllis Wallace, Bernard Anderson, Paul Samuelson, Robert Solow, Michael Piore, Richard Eckaus, Duncan Foley, Charles Kindleberger, Kindleberger “, Kindleberger, they’re Organizations: Morgan State University, Harvard, Caucus of Black, Federal, Michigan State University, Rockefeller Foundation, Yale, Wharton School, University of Pennsylvania, M.I.T Locations: Baltimore, Minnesota, American
Lisl Steiner, a flamboyant photojournalist who was celebrated for her intimate, emotive images of history-tilting figures like Fidel Castro, John F. Kennedy and the Rev. Dr. Martin Luther King Jr., as well as luminaries of music, stage and sports, died on June 7 in Mount Kisco, N.Y. She was 95. Her death, at a hospital, was confirmed by her friends Ingrid Rockefeller and Vivian Winther, who had been collaborating with her on a documentary about her life. Shooting for publications including Newsweek, Time, Life and National Geographic, Ms. Steiner was known for her flamboyant attire, her trademark explosion of fiery red hair, her sassy personality and her uncanny knack for connecting with her subjects, whom she jokingly referred to as “victims.”
Persons: Lisl Steiner, Fidel Castro, John F, Kennedy, Martin Luther King Jr, Ingrid Rockefeller, Vivian Winther, Steiner, Organizations: Newsweek, Geographic Locations: Mount Kisco
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Rockefeller's Cheryl Young and Requisite's Bryn TalkingtonCheryl Young, Rockefeller Family Office private wealth advisor, and Bryn Talkington, Requisite Capital Management managing partner, join 'Closing Bell' to discuss their read on the markets and tech playbooks.
Persons: Rockefeller's Cheryl Young, Requisite's Bryn Talkington Cheryl Young, Bryn Talkington Organizations: Rockefeller Family Office, Capital Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRockefeller's Cheryl Young expects downside to come for the U.S. dollarCheryl Young, Rockefeller Global Family Office private wealth advisor, joins 'Closing Bell' to discuss her read on the markets and why she's skeptical of the newfound bullishness.
Persons: Rockefeller's Cheryl Young, Cheryl Young Organizations: U.S, Rockefeller, Family
China just slashed short-term interest rates in its economy to 1.9%. Meanwhile, the government is mulling a big stimulus package to prop up key sectors. Short-term interest rates in China were cut to 1.9% from 2% on Tuesday, according to an announcement from the People's Bank of China, marking the first rate cut from China's central bank since August of last year. China's government, meanwhile, is mulling a hefty economic stimulus package, Bloomberg reported, citing people familiar with the matter. That makes the narrative that China will undergo a huge economic rebound is merely a "charade," according to Rockefeller International chair Ruchir Sharma.
Persons: , Yi Gang, Ruchir Sharma, Desmond Lachman Organizations: Service, People's Bank of, Bloomberg, uts, Rockefeller International, International Monetary Fund Locations: China, People's Bank of China
A photo showing rainbow flags at the Rockefeller Center in New York was miscaptioned online to say it shows the United Nations (U.N.) headquarters. U.N. spokesperson Shirin Yaseen said in an email that the flags of the organization’s member countries were not removed for Pride 2023. The flags at Rockefeller Center are often replaced with thematic flags. According to the Rockefeller Center’s website, the campus is decorated with Pride flags and colours throughout June 2023 in honour of Pride month (here). Photo shows rainbow flags displayed at the Rockefeller Center in New York, not the U.N. headquarters.
Persons: Shirin Yaseen, , Read Organizations: Rockefeller Center, United Nations, Facebook, Wikimedia Commons, Rockefeller Plaza, Stonewall, Rockefeller, Reuters Locations: New York, New York City
Hong Kong CNN —For days, images of New York choking in smoke have stunned the United States, as residents struggle to deal with the unfamiliar challenge of severe air pollution. That means its people are exposed to high levels of fine particulate matter, or PM2.5, a widely used indicator of harmful air pollution. It culminated in the infamous 2013 “air-pocalypse,” when the air quality index hit 755, smashing what was supposed to be the top of the scale at 500, according to the US Embassy in Beijing that kept a daily air quality monitor. In 2021, Beijing recorded its best monthly air quality since records began in 2013; photos now show mostly blue skies in the city. It’s an encouraging sign, and evidence that the right policies and investment can help fix air quality.
Persons: smothers, Andrew Kelly, Sanchit Khanna, Chiang Mai, Nicolas Asfouri, Justin Trudeau, Joe Biden, , Lucky Tran Organizations: Hong Kong CNN, Rockefeller Center, Reuters, Hindustan Times, Embassy, Canadian, United Nations, East Coasters Locations: Hong Kong, York, United States, Canada, Coast, West Coast, California, Asia, New York, India, New Delhi, Southeast Asia, Malaysia, Indonesia, Beijing, AFP, , China, It’s, South Carolina, Quebec, Yorkers
A view from the top of the Rockefeller Center, as haze and smoke caused by wildfires in Canada hang over the Manhattan skyline, in New York City, New York, June 7, 2023. WASHINGTON — President Joe Biden on Thursday assured Americans the government was aiding Canada in fighting the wildfires that have cloaked the East Coast and Midwest in unhealthy levels of smoke and haze. In a statement, Trudeau thanked Biden for the aid, adding that the countries must "work together to address the devastating impacts of climate change." There were 437 active wildfires across Canada early Thursday, according to the Canadian Interagency Forest Fire Center. "It's very important that affected communities listen to the guidance of their state and local officials from this point forward," Biden said.
Persons: Joe Biden, Biden, Justin Trudeau, Trudeau, Bill Blair Organizations: Rockefeller Center, WASHINGTON, Canadian, National Interagency Fire Center, Canadian Interagency Forest Fire, Emergency, Major League Baseball, White House Locations: Canada, Manhattan, New York City , New York, Coast, Midwest, U.S, United States, Quebec
Demand for access to private equity opportunities has contributed to big pay packages. While family offices have propped up across the globe, they are an American invention. J.P. Morgan is credited for launching the House of Morgan in the 1830s to manage family offices, and J.D. That means US family offices are often more mature and institutionalized than in other regions. Family offices need to be creative and competitive with the bonuses and other compensation perks of the private equity industry.
Persons: didn't, Morgan, Rockefeller, Jeff Bazos, Elon Musk, Jared Brichall Organizations: KPMG, Agreus, Waltons, Elon Locations: CIOs, Asia, Singapore, Europe, Middle East, Australia
Focus now shifts to the Labor Department's closely watched unemployment report for May, due on Friday. The data will help determine whether the Fed sticks with its aggressive rate hikes. "The market became confident that, 'wow the Fed rate hike for June is pretty much not happening' and confidence is falling for raising rates for July," he said. C3.ai Inc (AI.N) slumped after the artificial intelligence company forecast an annual revenue outlook below analysts' estimates. Dollar General Corp (DG.N) plunged as retail companies cut their full-year sales forecasts as high inflation dimmed the U.S. consumer outlook.
Persons: Goldman Sachs, Edward Moya, I'm, Jimmy Chang, Chang, Jason Pride, We've, Herbert Lash, Shreyashi Sanyal, Shristi, Shounak Dasgupta, Maju Samuel, Deepa Babington Organizations: Labor, Dow Jones, Nasdaq, ADP, Labor Department, Unit, Futures, Reuters Graphics Reuters, Senate, Rockefeller Global, Nvidia Corp, Glenmede, Dow, Salesforce Inc, Goldman Sachs Group Inc, Meta, Inc, General Corp, Thomson Locations: New York, Philadelphia, Bengaluru
There has long been speculation that America's most-famous banker has plans to run for some sort of public office. The path from Wall Street to Washington is well worn, with plenty of high-profile executives taking up positions in the government. When most Wall Street executives were still afraid of the public cloud, she was ready to embrace it with open arms. Jon Gray — Treasury SecretaryBlackstone's president and chief operating officer has already had a brush with public office. The idea of him holding public office doesn't seem far-fetched.
Persons: Dan DeFrancesco, TikTok, I'm, we've, nabbing, Joe Biden's, Kevin McCarthy's, Jamie Dimon, Larry Downing, hasn't shied, Dimon, Dimon's, Bill Ackman, Kenneth Chenault —, Kathy Hochul, she's, Chenault, He's, Larry Fink —, We've, Larry, Fink, Adena Friedman, Friedman, Jon Gray —, Gray, Donald Trump, Gray's, Wall, Sen, Elizabeth Warren, Ken Griffin, Griffin, hasn't, Griffin hasn't, Ron DeSantis, he'll, Brian Moynihan —, Moynihan, Dan Schulman —, PayPal — he's, Taylor Swift, Kevin Mazur, Larry Fink, Franklin Templeton, It's, Rockefeller, Stephen Schwarzman, Warren Buffett, Cliff Asness, that's, Here's, Jeffrey Cane, Nathan Rennolds Organizations: JPMorgan, REUTERS, Bloomberg, American Express, Catalyst, Washington Post, BlackRock, SEC, CFTC, OCC, Nasdaq, Wall, Democrat, GOP, Florida Gov, Commerce, PayPal, Express, Virgin Mobile, Rockefeller Capital Management, Putnam Investments, Blackstone, Credit Suisse, UBS, Reuters, LinkedIn Locations: NYC, Washington, New York, Florida, Chicago, Miami, Ohio, Swiss, London
The wealth manager's CEO Greg Fleming has deep ties to the Desmarais family behind the insurer. In the midst of a dealmaking lull, Rockefeller Capital Management can add another billion-dollar advisory deal to its resume. Advised by the five-year-old firm, Canadian insurer Great-West Lifeco is selling asset management subsidiary Putnam Investments to Franklin Templeton, the firms announced today. Since Fleming launched Rockefeller, born out of the Standard Oil heirs' family office, Great-West Lifeco has consistently sought the firm's services. The Rockefeller family also increased its stake by an undisclosed amount.
Persons: Rockefeller, Franklin Templeton, Greg Fleming, Lifeco, Morgan Stanley, Merrill Lynch, Jim Ratigan, Stephen Valentino, Fleming, Paul Desmarais Jr Organizations: Rockefeller Capital Management, Putnam Investments, Pitchbook, Wall Street, Deutsche Bank . Rockefeller, Standard, Rockefeller, Power Corporation of Canada, Viking Global, Bank of America
China has demonstrated its economy can continue outgrowing the US, Steven Rattner wrote. "Most important, we should not delude ourselves with the fantasy that China is going to fall under its own weight." The former counselor to the Treasury secretary during the Obama administration acknowledged that China's rebound following the end of China's strict COVID policies has fallen short of high expectations. In fact, fresh manufacturing data Wednesday added to fears over China's economy. "Most important, we should not delude ourselves with the fantasy that China is going to fall under its own weight," Rattner concluded.
Persons: Steven Rattner, That's, , Obama, Rockefeller International's Ruchir Sharma, Rattner Organizations: Service, Privacy, China, The New York Times, Trump, Biden Locations: China, South, America
Total: 25