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Insider Today: Market's crash landing
  + stars: | 2023-10-09 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +9 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The core question it presents is whether personal AI devices could have the same impact that the iPhone had on the tech industry. Meta's Responsible AI team shrank amid layoffs and restructuring. Yet the team tasked with ensuring that new AI tech was "fair and inclusive" is half the size it was in 2021. Yet the team tasked with ensuring that new AI tech was "fair and inclusive" is half the size it was in 2021.
Persons: , Benjamin Netanyahu, Insider's Matthew Fox, Mohamed El, Matthew, Jerome Powell, hasn't, mavens, Izzy Englander, Citadel's Ken Griffin, Point72, Steve Cohen, Phil McCarten, Dave Kotinsky, Shaw, Victor Virgile, Arantza Pena Popo, Bella Hadid, John Lennon, Ben Shelton, Sharon Osbourne, William Hanson, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Hamas, Saturday, Israeli, Citadel, federal, Tech, Peoples, Indian Heritage Locations: Israel, D.E, Cupertino, China, South Dakota, Oklahoma, Hawaii, Alabama, Dakota, Los Angeles, New York City, San Diego, London, New York
William Hanson an etiquette coach shares the 7 drinking mistakes most people make at celebrations. AdvertisementAdvertisementDining skills are one thing we work on at The English Manner, along with drinking etiquette. Here are seven mistakes people might make while drinking at formal events and celebrations. They won't break as easily as formal glasses that are finely made. Drinking from a bottleOne way to elevate your sophistication is to unscrew the bottle and pour your drink into your glass.
Persons: William Hanson, , Alexandrea, Queen Elizabeth II, Richard, isn't you'll, you've, I've, Alyshia Organizations: Service, Royal Household, Alyshia Hull Locations: Britain, America, ahull@insider.com
Underwood Archives/Getty Images Feinstein gets her makeup touched up for a photo shoot in San Francisco in 1955. Bettmann Archive/Getty Images Feinstein attends a campaign event for her mayoral run in San Francisco in 1971. Clem Albers/San Francisco Chronicle/Getty Images Feinstein attends a memorial service for assassinated Supervisor Harvey Milk in San Francisco in 1978. Roger Ressmeyer/CORBIS/VCG/Getty Images Feinstein speaks at the signing of an anti-gun bill at San Francisco City Hall in 1982. Douglas Graham/CQ Roll Call/Getty Images Feinstein greets first lady Hillary Clinton at the 2000 Democratic National Convention in Los Angeles.
Persons: Washington CNN — Dianne Feinstein, Feinstein, Gavin Newsom, Newsom, NBC’s “, , Feinstein’s, Ramsay Hunt, I’m, , ” Feinstein, Lindsey Graham, Amy Coney Barrett, Leah Millis, Nancy Pelosi, Democratic Sen, Dick Durbin, Kevin McCarthy, Chuck Schumer, “ Dianne Feinstein, ” Schumer, Sen, Dianne Feinstein, Joe Biden, Celeste Sloman, Dianne Emiel Goldman, George Moscone, Harvey Milk, Duke Downey, Clem Albers, Janet Fries, Quentin Kopp, Sal Veder, Richard Blum, Walter Mondale, Georges, Roger Ressmeyer, Steve Ringman, Tony Bennett, Jeff Reinking, Neal Ulevich, Bishop Desmond Tutu, Eric Risberg, Willie Brown, Cecil Williams, Dr, Martin Luther King Jr, Paul Sakuma, Kim Komenich, Mark Reinstein, Barbara Boxer, Alan Greth, Ruth Bader Ginsburg, Carol Moseley, Braun, Doug Mills, Charles Tasnadi, Kathleen Brown, Bill Clinton, Dirck Halstead, Lisa Leslie, Gigi Goshko, Douglas Graham, Hillary Clinton, Clinton, Paul J, Richards, Orrin Hatch, Patrick J, Leahy, William H, Pryor Jr, Scott J, Ferrell, Arnold Schwarzenegger, Schwarzenegger, Tim Sloan, Rick Friedman, Condoleezza Rice, George W, Bush, Colin Powell, Chuck Kennedy, John Roberts, Mark Wilson, Eileen Mariano, Mariano, interning, Tom Williams, Carson, Jay L, Barack Obama, Ralf, Finn Hestoft, Hina Rabbani Khar, Brendan Smialowski, Jacquelyn Martin, AP Sen, Chuck Grassley, Christine Blasey Ford, Brett M, Kavanaugh, Ford, Donald Trump, Chip Somodevilla, Barrett, Bonnie Cash, Graham, Samuel Corum, Jonathan Ernst, Simone Biles, Larry Nassar, Aly Raisman, Maggie Nichols, McKayla Maroney, Bob Dole, Oliver Contreras, Kent Nishimura, Kevin Dietsch, Dianne Feinstein's, Moscone, Milk, CNN’s Dana Bash, Dan White, ‘ Dan, , Harvey, California’s, Bash, Richard Blumenthal, Bill Clark, Annette Bening, Donald Trump’s, South Carolina Republican Lindsey Graham’s Organizations: Washington CNN, Senate, California Democratic, Democratic, Press, Democrats, Democratic Party, Capitol, Senate Intelligence, California Democrat, Capitol Hill, CNN, Golden State ”, Illinois, Republican, New York Times, Underwood Archives, Getty, San Francisco City Hall, San Francisco, of Supervisors, Bettmann, San Francisco Chronicle, San Francisco Ice Company, White, Steiner, Forbidden, Democratic National Convention, United States Senate, United, United States women's, team, Convention, Washington Post, Circuit, Images California, McClatchy, Tribune, Service, Supreme, California, Rancho, Pakistan's, AP, Committee, White House, Los Angeles Times, Stanford University, San, Supervisors, Administration Committee, federal, Inc, South Carolina Republican, Judiciary, Intelligence, Appropriations Locations: Washington, California, San Francisco, America, ” San Francisco, Washington , DC, DC, Forbidden City, Beijing, China, Feinstein , California, Los Angeles, United States, New York, AFP, Boston, Rancho Bernardo, San Diego, San Francisco , California, Maryland, San Francisco County, Richard Blumenthal of Connecticut
“There’s a lot of climate exaggeration,” said Gates, who founded Microsoft and is now a philanthropist. Some financial institutions could supplement emissions reduction measures with the voluntary purchase of carbon credits, according to a handout. She said the goal is to affirm “the importance of credible net-zero commitments and to encourage financial institutions that make them to take consistent approaches to implementation." Yellen also announced that a group of philanthropic organizations – including Bezos Earth Fund, Bloomberg Philanthropies and others – would pledge $340 million to help financial institutions “develop and execute robust, voluntary net-zero commitments,” she said. Afterward, Prince William headed toward ground zero, where he visited with firefighters at FDNY Ten House, the station that was the first on the scene at the World Trade Center after the 9/11 attacks.
Persons: Britain’s Prince William, Bill Gates, Michael Bloomberg, “ We’ve, ” William, he'd, John F, , Gates, Janet Yellen, ” Yellen, Yellen, Bloomberg Philanthropies, David Arkush, , Prince William, Prince, chatted, Hussein, Bobby Caina Calvan, Seth Borenstein, Fatima Hussein Organizations: Microsoft, Treasury, Investment, , Fund, Bloomberg, FDNY Ten House, World Trade Center, AP Locations: London, U.S, Washington, New York
Texas Attorney General Ken Paxton’s impeachment trial on corruption allegations is among several such proceedings that have occurred in U.S. history. In Texas, an impeachment charge from the House results in immediate suspension from office, as is the case for Paxton. The state Senate voted in 2011 to pardon him, but the House failed to concur. STATE ATTORNEYS GENERALPaxton has company as an impeached state attorney general. — South Dakota Republican Attorney General Jason Ravnsborg was impeached and convicted in 2022 for his involvement in a 2020 crash in which the car he was driving hit a pedestrian.
Persons: Ken Paxton’s, impeaches, Paxton, Joe Biden, Andrew Johnson, Abraham Lincoln's, Edwin Stanton, Bill Clinton, Monica Lewinsky, Paula Jones, , — Republican Donald Trump, Trump, Evan Mecham of, William Holden of, Rod Blagojevich, Barack Obama, GENERAL Paxton, Jason Ravnsborg, Roland Boyton, William French, Alcee Hastings, Charles L, Crum of Montana, Jennifer Farrar Organizations: GOP, Democratic, U.S, Senate, Radical Republicans, — Republican, GOVERNORS, Republican Gov, — Republican Gov, GENERAL, — South, — South Dakota Republican, Republican, District, Montana Senate, AP statehouse Locations: Texas, U.S, Austin, Evan Mecham of Arizona, William Holden of North Carolina, Illinois, , — South Dakota, — In Kansas, Paxton , Texas, Florida, Montana, New York
© Marco Bottigelli | Moment | Getty ImagesThailand's tourism recovery is poised for recovery as diplomatic relations with Saudi Arabia normalize and Chinese tourists return, according to American-born hotel tycoon William Heinecke. "We've seen the recovery of all Saudi tourism into Thailand. Now there's two flights a day from Saudi direct to Thailand," Heinecke, who is chairman of Thai hospitality company Minor International, said on the sidelines of the Forbes Global CEO Conference in Singapore. Return of Chinese tourists? Additionally, Heinecke said he expects Thailand to benefit when Chinese tourism is back in full swing.
Persons: Marco Bottigelli, William Heinecke, We've, Heinecke, Prayut Chan, Mohammad bin Salman Organizations: Minor International, Forbes Global, Conference, Thai, Saudi Arabia's Crown, Minor, Emirates, Qatar Airways Locations: Thailand, Saudi Arabia, American, Saudi, Singapore, Eastern Europe, Russia, Ukraine, China
Republican lawmakers filed legislation exempting release of the travel and security records after an outcry over a proposal to significantly scale back the state's Freedom of Information Act. Sanders is seeking the limits as State Police is being sued by an attorney and blogger who has accused the agency of illegally withholding records about the governor's travel and security. The newest bill also removes proposals facing opposition that would have created an attorney-client privilege exemption for state records and a change in how attorneys' fees are awarded in open records lawsuits. The legislation filed Tuesday would require State Police to file quarterly reports that identifies by month and budget category expenses for the governor’s security. It would also make the exemptions on the governor's security retroactive to June 1, 2022.
Persons: Sarah Huckabee Sanders, Sanders, Bart Hester, Donald Trump’s, Democratic Sen, Clarke Tucker, , ” Tucker, Robert Steinbuch, William H, ” Steinbuch, Organizations: , GOP, Republican, Senate Republicans, State Police, Democratic, University of Arkansas, Bowen School of, Arkansas Press Association, Society of Professional Journalists, Press Association, Arkansas Broadcasters Association, Republican Party Locations: — Arkansas, Arkansas, Little
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Middle East has become the 'hub for the world,' says chairman of Thai multinational companyWilliam Heinecke, Founder and Chairman of Minor International, says the Middle East is "one of the most dynamic markets."
Persons: William Heinecke Organizations: Minor
Reception room at the Ritz-Carlton Hotel in New York City, ca. Photo: Museum of the City of New York/Bridgeman ImagesIn one of his epigraphs to this compact book on F. Scott Fitzgerald, Arthur Krystal invokes Lytton Strachey’s advice to the successful biographer: Instead of the “direct method of a scrupulous narration,” the biographer must “attack his subject in unexpected places; he will fall upon the flank or the rear; he will shoot a sudden, revealing searchlight into obscure recesses, hitherto undivined.” The evocation of Strachey in connection with Fitzgerald is surprising since they seem an unlikely pair, but Mr. Krystal quotes him in order to distinguish “Some Unfinished Chaos: The Lives of F. Scott Fitzgerald” from the always-growing list of Fitzgerald biographies that began in 1951, with Arthur Mizener’s “The Far Side of Paradise.” In choosing the plural “Lives,” Mr. Krystal wants to open up his subject to multiple interpretations rather than opting for the “direct method” of settling on the singular explanatory one. His other epigraph is from Fitzgerald himself: “There never was a good biography of a good novelist. There couldn’t be. He’s too many people if he’s any good.”
Persons: Scott Fitzgerald, Arthur Krystal, Lytton, Strachey, Fitzgerald, Krystal, Scott Fitzgerald ”, Arthur Mizener’s “, ” Mr, couldn’t, Organizations: Ritz, Carlton Locations: New York City, City of New York
Democrats and Republicans in the Senate Appropriations Committee have backed the 12 separate spending bills that would finance most government operations for fiscal 2024, while their House Appropriations Committee has been producing bills with only Republican support. Some hardline House Republicans have dismissed the risks of a government shutdown, saying it could be a cudgel for achieving deeper spending cuts to address the $31.4 trillion national debt. 'A PRETTY BIG MESS'Top Senate Republican Mitch McConnell has voted for every one of the 12 fiscal 2024 bills advanced by the Senate Appropriations Committee, as have nearly all of his fellow committee Republicans. Meanwhile, as some hardline House Republicans push for defense spending cuts instead of a buildup, there is pushback within their 222-member caucus. He was referring to a special House-Senate negotiating team that likely would be tasked with ironing out differences between House and Senate defense appropriations bills.
Persons: Kevin Wurm, Joe Biden's, Biden, Republican Kevin McCarthy, Chuck Schumer, McCarthy, Andrew Bates, William Hoagland, Senate Republican Mitch McConnell, McConnell, Tom Cole, we'll, Richard Cowan, Trevor Hunnicutt, Scott Malone, William Maclean Organizations: U.S, Capitol, REUTERS, Rights, Democrats, Senate, Republicans, Democratic, Republican, White, Center, Senate Republican, House Republicans, Thomson Locations: Washington , U.S, U.S, Ukraine, Kentucky
"There is a significant risk in the short term of financial crisis or other degree of economic crisis that would carry very substantial social and political costs for the Chinese government. By the time the global financial crisis hit in 2008-09, it had already met most of its investment needs for its level of development, economists say. To keep growth high, China in the 2010s doubled down on infrastructure and property investment, at the expense of household consumption. China has since backed away from major financial market liberalisation while plans to rein in state behemoths and introduce universal social welfare never quite materialised. "But at the same time there's a great fear of the short-term political and social risk, especially of provoking an economic crisis."
Persons: Xi Jinping's, William Hurst, Chong Hua, there's, Max Zenglein, We're, Logan Wright, Alicia Garcia Herrero, Hurst, Liangping Gao, Kevin Yao, Kripa Jayaram, Marius Zaharia, Sam Holmes Organizations: Development, University of Cambridge, International Monetary Fund, Asia Pacific, China's, Reuters Graphics, Thomson Locations: BEIJING, China, Japan, Beijing, Natixis
Would-be Tesla Cybertruck buyers still don't know how much they're spending. Apart from the few remaining details listed and the occasional cryptic tweet from Musk, there isn't much information to tell Cybertruck buyers what they're getting into. Tesla Cybertruck. That makes it even more important to give loyal truck buyers some details to work with. "If you're looking to convert average pickup truck buyers to something different, that's a little harder," Fiorani said.
Persons: Tesla, Elon, Musk, It's, Cybertruck, William Huston, he's, Ed Kim, AutoPacific, Sam Fiorani, Fiorani Organizations: Morning, Ford, Chevrolet, Toyota, AutoForecast Locations: San Francisco
Hopeful homebuyers can use price-to-rent ratios to see where the best deals are. Decade-high mortgage rates and a housing market shortage have made homebuying complicated for everyone, and impossible for many. That way, buyers can get an attractive deal and build equity instead of getting caught in a housing market bubble. Below are the 34 such markets, along with the price-to-rent ratio as of July 31, the average price-to-rent ratio since March 2015, and the current premium to that long-term average. Only one city — New Orleans, Louisiana — has a discounted price-to-rent ratio, meaning that the city is especially appealing for buyers right now.
Persons: Ken Johnson, Johnson, Eli Beracha, William Hardin of, Beracha, — New Orleans , Louisiana — Organizations: Florida Atlantic University, Florida International University, Florida Atlantic, William Hardin of Florida International University Locations: West Coast, East Coast, Florida, — New Orleans , Louisiana
And, similar to the crisis that ultimately toppled Lehman Brothers in 2008, much of China's troubles are rooted in its property sector. China's property crisisFront and center for any comparison between today's China and the US in 2008 is the real estate market. "The boom that characterized the property sector of the last decade is over," he said. AdvertisementAdvertisementStill, given the scale of China's property market, policymakers may need to step in with fiscal stimulus to avoid catastrophe. "Rather, it'll be a slow-moving, structural economic crisis that could last for years.
Persons: hasn't, Lehman, Xi Jinping, Alfredo Montufar, William Hurst, Hurst, it's, Helu, Evergrande, Nicholas Spiro, Spiro Organizations: Service, Lehman Brothers, People's Bank of, China Center, Conference Board, Citi, Zhongrong, University of Cambridge, Country Garden Holdings, Lauressa Locations: China, Wall, Silicon, People's Bank of China, Japan, Beijing
Analysts see this as an emerging new trend of trade regionalisation in the eastern and western hemispheres - each dominated by one of the superpower - that could pose risks to global growth. This "will likely contribute to increased regionalisation of international trade, which would raise inflation and hamper growth for other countries caught in the crossfire." China has also applied to join the Comprehensive Progressive Trans-Pacific Partnership, one of the world's largest free trade agreements. To join this Pacific trade axis, though, China needs the approval from all member countries, including U.S. allies. "And both of those countries value trade with the U.S. under their North American framework more than they value trade with China."
Persons: Gina Raimondo, Elizabeth Frantz, Neil Thomas, Donald Trump, Joe Biden, Raimondo, Trump, William Hurst, Joe Cash, Kripa Jayaram, Marius Zaharia, William Mallard Organizations: . Commerce, Capitol, REUTERS, Southeast Asia, Analysts, Asia Society Policy Institute, Higher, Census, Reuters, Canada Agreement, Comprehensive, Pacific, U.S, University of Cambridge, Thomson Locations: Washington , U.S, China, Washington, Canada, Mexico, Beijing, Southeast, decouple, U.S, Japan, South Korea, Australia, New Zealand, Pacific
That model is starting to show its weaknesses, however, as it's created a lopsided economy with too much supply and soft demand. "Stimulus functions on the supply side, and on the demand side you need structural reforms. Everything appears to be boiling over all at once, but China's problems have been years in the making. Confidence crisisThese issues have manifested most clearly in the real estate market, which now faces a glut of inventory thanks to years of overbuilding. "There could be a real rapid decline in real estate prices that would hurt a lot of people's livelihoods."
Persons: it's, William Hurst, hasn't, Hurst, that's, Alfredo Montufar Organizations: Service, University of Cambridge, New York Times, Conference Board, Garden Holdings, Conference Board's China Center Locations: China, Wall, Silicon, Beijing, Cambridge
Chinese President Xi Jinping unexpectedly missed a scheduled speech at this week's BRICS summit. China's commerce minister stood in for the speech instead, commenting on the US's economic dominance. Xi was the only BRICS leader who didn't make an appearance, with even Russia's Putin delivering comments virtually. After skipping the speech, Xi attended a dinner with the other nations' leaders, per CNN. Over the last two years, BRICS nations have increasingly tried to move off the US dollar as part of the broader dedollarization trend, completing international transactions in China's yuan or other local currencies.
Persons: Xi Jinping, Xi, didn't, Putin, Russia —, Wang Wentao, Xi's, Bonnie Glaser, — Bonnie Glaser, Organizations: Service, CNN, China's, German Marshall Fund Locations: Wall, Silicon, South Africa, India, Brazil, Russia, China
The result is a major headache for centrist Republicans from swing districts that Biden won in 2020 and others with constituents in the firing line of hardline spending targets. One significant source of frustration is hardline demands for cuts to bills that have already been vetted by the 61-member House Appropriations Committee. SHUTDOWN RISKHouse Freedom Caucus members say a shutdown could be necessary to achieve their objectives. This time, the slim 222-212 House Republican majority could pay a political price. Would the House Freedom Caucus end McCarthy's reign over a CR?
Persons: Scott Perry, Andy Biggs, Jonathan Ernst, Joe Biden, Kevin McCarthy, Goldman Sachs, Centrists, McCarthy, Biden, Don Bacon, Ben Cline, We're, willy, nilly, David Joyce, William Hoagland, Donald Trump's, Dusty Johnson, Chuck Schumer, McCarthy's, Perry, Kevin, David Morgan, Scott Malone, Daniel Wallis, Cynthia Osterman Organizations: U.S, Capitol, REUTERS, Rights, Republicans, U.S . House, Caucus, Monday, White, Republican, Social Security, Freedom Caucus, Committee, Republican Governance Group, Center, Senate, Justice Department, Ukraine, Main Street Caucus, Reuters, Office, Thomson Locations: Washington , U.S, U.S, Nebraska, Washington
The result is a major headache for centrist Republicans from swing districts that Biden won in 2020 and others with constituents in the firing line of hardline spending targets. "I do not know how they get themselves out of this jam," said William Hoagland, a former Senate Republican budget director now at the Bipartisan Policy Center think tank. SHUTDOWN RISKHouse Freedom Caucus members say a shutdown could be necessary to achieve their objectives. This time, the slim 222-212 House Republican majority could pay a political price. Would the House Freedom Caucus end McCarthy's reign over a CR?
Persons: Scott Perry, Andy Biggs, Jonathan Ernst, Joe Biden, Kevin McCarthy, McCarthy, Biden, Don Bacon, Ben Cline, We're, willy, nilly, David Joyce, William Hoagland, Donald Trump's, Dusty Johnson, Chuck Schumer, McCarthy's, Perry, Kevin, David Morgan, Scott Malone, Daniel Wallis Organizations: U.S, Capitol, REUTERS, Rights, Republicans, U.S . House, Caucus, White, Republican, Social Security, Freedom Caucus, Committee, Republican Governance Group, Center, Senate, Main Street Caucus, Reuters, Office, Thomson Locations: Washington , U.S, U.S, Nebraska, Washington
CNN —Ron Cephas Jones, who won two Emmy Awards for his acting on the hit television drama “This Is Us,” has died at age 66, according to his manager, Dan Spilo. “As a parent that’s the most fulfilling that I could ever feel at the moment,” Jones said after his win, according to Deadline. He was on and off a ventilator and had to learn to breathe, eat and walk again, the Times reported. Jones, right, starred as William Hill, the biological father of Randall Pearson, played by Sterling K. Brown, in "This Is Us." Ron Batzdorff/NBC/Getty ImagesBrown, who played opposite Jones in “This Is Us,” praised him in an Instagram post.
Persons: Ron Cephas Jones, , Dan Spilo, Jones, William Hill, Sterling K, Brown, Mr, “ Luke Cage, Montrellous, ” Jones, Jasmine Cephas Jones, she’s, Randall Pearson, Ron Batzdorff, , ” Dan Fogelman, ” “ Ron, Ron Organizations: CNN, Sterling, , New York Times, Times, NBC, Getty Locations:
Priscilla O'Kesson uses AI-powered robot ElliQ to combat her loneliness, Spectrum News reported. The 77-year-old is one of 257 New Yorkers who received the ElliQ at no cost through New York State. The 77-year-old told Spectrum News that she talks to the robot about 12 to 15 times per day. "I enjoy her," O'Kesson told Spectrum News regarding the robot. In March 2023, aging departments in California and Washington announced new programs with Intuition Robotics that aims to provide elders across select counties in each state with the ElliQ robot.
Persons: Priscilla O'Kesson, O'Kesson, William Holmes, Greg Olsen, Olsen Organizations: Spectrum News, Yorkers, Morning, Yorker, Spectrum, Robotics, Intuition Robotics, NYS Aging Office, Washington Locations: New York State, Greene County, Catskill, California, she's, New York, York, Florida
Some are leaning away from the heavy discounting and confusing rewards programs of the past and instead turning to new tech that offers customers cash back for shopping. When shoppers purchase from brands that partner with Catch, they'll get 5-10% back in credit to spend at that store. While DTC brands historically spent a lot to acquire new customers , changes to iOS tracking have made targeted ads less effective. Credit-card companies have also been doing cash-back rewards for years, but those programs don't really benefit brands. PostscriptFondue is another startup looking to revamp loyalty programs by zeroing in on cash-back rewards.
Persons: Nico Perdomo, Denia Ebersole, they'll, It's, Perdomo, Shopify, Harley Finkelstein, that's, Laura Kennedy, William Herlands, Abraham Lucey, Adam Turner, Oren Charnoff, Fondue, Kennedy, Alex Beller, Charnoff Organizations: DTC, Grow, American Express, zeroing, Barstool
Patrick deWitt Would Like to Eat Sushi With Emily Dickinson
  + stars: | 2023-08-17 | by ( ) www.nytimes.com   time to read: +2 min
What’s the last great book you read? I loved the pair of Gwendoline Riley novels NYRB put out last year, “My Phantoms” and “First Love.” I enjoy reading about awful, sickening people, and these books are filled with them. But they’re awful and sickening in a way that, while not unfamiliar to my life experience, felt new — they’re awful and sickening in a way I’d not seen in literature before. Can a great book be badly written? I bought a book called “The Loser,” by William Hoffman Jr., based on its incredible cover (Funk & Wagnalls hardcover edition circa 1968).
Persons: Gary Indiana, Joanne Kyger, , Lucy Sante, Dodie Bellamy, , William Gardner Smith, Bill Berkson, Frank O’Hara, Joe LeSueur, Andy Kaufman, Julie Hecht, What’s, Gwendoline Riley, NYRB, William Hoffman Jr, It’s, Hoffman, Luck Organizations: Phantoms Locations: Japan, India
He's been called "America's most reclusive billionaire." Meet Philip Anschutz, who has been dubbed "America's most reclusive billionaire." The 83-year-old owns Anschutz Entertainment Group, or AEG, which is the parent company of Coachella. "Anschutz is sort of like the Wizard of Oz," Los Angeles economist Jack Kyser told the Los Angeles Times in 2006. Nobody sees him, yet he has a huge impact on Los Angeles."
Persons: Philip Anschutz Philip Anschutz, He's, Reed, You've, Philip Anschutz, Anschutz, William Herbert Hunt, Oz, Jack Kyser Organizations: Reed Saxon, Forbes, Anschutz Entertainment Group, AEG, Coachella . AEG, Wyoming -, Mobil, Rio Grande Railroad, Southern Pacific Railroad, Anschutz, Bloomberg, Los Angeles Times Locations: Coachella, Wyoming, Wyoming - Utah, Rio Grande, Angeles, Los Angeles
Entain (ENT.L), owner of Ladbrokes and Coral brands, said it saw "exponential growth" in betting on the sport and a record number of women globally placing bets. The first three England games saw one-fifth of bets placed by women, it said. Betting on the co-host and semi-finalist Australia saw a 200% increase, fuelled by the Matildas strong run. Soccer leads the way in terms of the number of people betting and placing bets, and the number of women betting on women's soccer has doubled annually, the study said. Entain did not immediately disclose the number of bets placed on the World Cup.
Persons: Alishia, William Hill, Lee Phelps, Entain, Dominic Grounsell, Yadarisa, Conor Humphries Organizations: Soccer Football, FIFA, Australian High Commission, Australia, England, REUTERS, German Sport University Cologne, Soccer, Thomson Locations: New Zealand, London, Australia, Britain, Bengaluru
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