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☆ LVMH boss Bernard Arnault raised his job's retirement age to 80. Warren Buffett told him that age limit was too low.
▼ + stars: | 2024-06-27 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Warren Buffett wrote to Bernard Arnault after the LVMH CEO raised his job's retirement age to 80. The investor told the luxury tycoon suggested he should have lifted it higher, Bloomberg reported. Berkshire Hathaway's 93-year-old CEO has argued that great bosses only get better with age. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAfter Bernard Arnault raised the retirement age for his job from 75 to 80 in 2022, Warren Buffett wrote to the luxury tycoon suggesting he should have hiked it higher.

Persons: Warren Buffett, Bernard Arnault, —, Berkshire Hathaway, Buffett Organizations: Bloomberg, Berkshire Hathaway's, Service, Berkshire, Business Locations: Berkshire

☆ Chinese shoppers are so obsessed with LVMH that some people asked the CEO to bless their babies
▼ + stars: | 2024-06-26 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

LVMH, led by Arnault, has grown significantly in China since entering the market in 1992. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChinese customers are such big fans of luxury brands like Louis Vuitton that they reacted strongly to Bernard Arnault visiting their country. A few of them asked him to bless their babies, he told Bloomberg in an interview. This story is available exclusively to Business Insider subscribers.

Persons: Bernard Arnault's, Arnault, —, Louis Vuitton, Bernard Arnault, LVMH Organizations: Service, Bloomberg, Business Locations: China, Beijing, Shanghai

☆ Emma Roberts says people who call out nepo babies don't see 'all the rejection along the way'
▼ + stars: | 2024-06-26 | by ( Amanda Goh | ) www.businessinsider.com time to read: +5 min

Read previewEmma Roberts says even Hollywood's nepo babies don't always have an easy path to stardom. On an episode of the "Table for Two" podcast released on June 25, Roberts spoke to host Bruce Bozzi about the public perception of nepo babies, or "nepotism babies." During the podcast episode, Roberts said it's not always true that nepo babies get everything handed to them on a silver platter. Many nepo babies and even their parents — particularly those in Hollywood — have pushed back against the title and its accompanying critiques. AdvertisementIn December, Meg Ryan defended her son , actor Jack Quaid, against "nepo baby" claims during an interview with Glamour.

Persons: —, Emma Roberts, Roberts, Bruce Bozzi, you'll, Julia Roberts, Eric Roberts, Johnny Depp's, it's, George Clooney, Clooney's, Nick Clooney, Rosemary Clooney, Meg Ryan, Jack Quaid, Lily Allen, Allen, Alfie Allen, Keith Allen, Bernard Arnault, Mukesh Ambani, Tim Draper's, Draper, Gaither, Anderson Organizations: Service, Business, Nickelodeon, New York Magazine, Reliance Industries, Valley's, Applied, Business Insider Locations: Hollywood, British

☆ Judges Upended Biden’s Student Loan Repayment Plan. What Happens Now?
▼ + stars: | 2024-06-26 | by ( Tara Siegel Bernard | ) www.nytimes.com time to read: +1 min

President Biden’s new student loan repayment plan was hobbled on Monday after two federal judges in Kansas and Missouri issued separate rulings that temporarily blocked some of the plan’s benefits, leaving questions about its fate. That means the Biden administration cannot reduce borrowers’ monthly bills by as much as half starting July 1, as had been scheduled, and it must pause debt forgiveness to SAVE enrollees. The administration has canceled $5.5 billion in debt for more than 414,000 borrowers through the plan, which opened in August. If you’re among the eight million borrowers making payments through SAVE — the Saving on a Valuable Education plan — you probably have many questions. Here’s what we know so far, though the Education Department has yet to release its official guidance.

Persons: Biden’s, Biden Organizations: Republican, Education Department Locations: Kansas, Missouri

☆ Billionaire LVMH CEO Bernard Arnault is the richest man outside America. Here are 23 of his luxury conglomerate's iconic brands.
▼ + stars: | 2024-06-25 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

LVMH is the world's largest luxury goods conglomerate. It's owned by Bernard Arnault, the world's third-richest person. LVMH's portfolio includes 75 different brands, spanning fashion, Champagne, cosmetics, and more. AdvertisementBernard Arnault, the world's third-richest person and the wealthiest outside the US, heads the world's largest luxury goods conglomerate. LVMH owns iconic brands such as Louis Vuitton, Dior, and Moët-Chandon.

Persons: LVMH, Bernard Arnault, Louis Vuitton, Sephora, — Organizations: Dior, Service, Business

On Today’s Episode:Assange Agrees to Plead Guilty in Exchange for Release, Ending Standoff With U.S., by Glenn Thrush and Megan Specia4 Scenarios for Next Phase in Gaza War, With ‘Intense’ Fighting Set to End, by Patrick KingsleyIsrael’s Supreme Court Rules the Military Must Draft Ultra-Orthodox Jews, by Aaron BoxermanSurgeon General Declares Gun Violence a Public Health Crisis, by Ellen BarryJudges Block Parts of Biden’s Student Loan Repayment Plan, by Tara Siegel Bernard and Zach Montague

Persons: Assange, Glenn Thrush, Megan Specia, Patrick Kingsley Israel’s, Aaron Boxerman, Ellen Barry, Tara Siegel Bernard, Zach Montague Organizations: U.S Locations: Gaza

☆ French luxury tycoon Bernard Arnault, the richest man outside America, is buying one of Paris' most iconic restaurants
▼ + stars: | 2024-06-24 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

LVMH has bought a majority stake in the tiny 100-year-old Paris bistro Chez L'Ami Louis. LVMH is owned by Bernard Arnault, who regularly jostles with Jeff Bezos and Elon Musk for the title of world's richest person. Chez L'Ami Louis is famed for its roast chicken, finely-cut fries, and celebrity patrons. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLVMH boss Bernard Arnault has bought one of Paris's most iconic restaurants.

Persons: LVMH, Louis, Bernard Arnault, Jeff Bezos, Elon Musk, Chez L'Ami Louis, —, Christian Dior, L'Ami Louis Organizations: Chez, Service, Louis Vuitton, Bloomberg, Business Locations: Paris

☆ Judges Block Parts of Biden’s Student Loan Repayment Plan
▼ + stars: | 2024-06-24 | by ( Tara Siegel Bernard | Zach Montague | ) www.nytimes.com time to read: +1 min

Two federal judges in Kansas and Missouri temporarily blocked pieces of the Biden administration’s new student loan repayment plan on Monday in rulings that will have implications for millions of federal borrowers. Borrowers enrolled in the income-driven repayment plan, known as SAVE, are expected to continue to make payments. The separate preliminary injunctions on Monday are tied to lawsuits filed this year by two groups of Republican-led states seeking to upend the SAVE program, a centerpiece of President Biden’s agenda to provide relief to student borrowers. Many of the program’s challengers are the same ones that filed suit against Mr. Biden’s $400 million debt-cancellation plan, which the Supreme Court struck down last June. “It’s a pretty cynical ploy in an election year to stop the current president from being able to lower prices for working and middle-class Americans.”

Persons: Biden’s, “, Biden, ”, Abby Shafroth Organizations: Biden, Republican, National Consumer Law Locations: Kansas, Missouri

☆ The billionaire summer calendar: How the world's wealthiest business icons spend their warmer months
▼ + stars: | 2024-06-22 | by ( Madeline Berg | ) www.businessinsider.com time to read: +1 min

Olympics: July 26-August 11The Olympic Games are a favorite for sports-loving billionaires like Bill Gates, seen here in 2008 at the Beijing Games. Tony Marshall - EMPICS/Getty ImagesWhile the Olympics are, in theory, an event for every spectator, billionaires enjoy the games a little differently and will do so in Paris this year. Billionaires with no official connection to this year's Olympics will no doubt be there, too, and in style. Bill Gates and Rupert Murdoch have attended the event with their families in years past, and newly minted billionaire Magic Johnson has played for Team USA and carried the Olympic torch. Tickets to events like the women's gymnastics final cost $6,500 each from the official ticket seller.

Persons: Bill Gates, Tony Marshall, Bernard —, Hennessy, Rupert Murdoch, Magic Johnson, Vistajet, Fraser Organizations: Beijing Games, Chandon, Team USA, Guardian Locations: Paris

☆ LVMH owner Bernard Arnault liked this Paris bistro so much his company bought it
▼ + stars: | 2024-06-21 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —French luxury conglomerate LVMH has added a tiny Parisian bistro to its sprawling empire of designer fashion brands, jewelry makers and hotels. A dish served at Chez l'Ami Louis restaurant in Paris. Her lifestyle company Goop describes Chez L’ami Louis on its website as “one of the best, most venerable bistros in Paris.”“It is small and wood-paneled, with an ancient oven and a sick wine list,” Goop gushed. In 2019, the company acquired Belmond, which owns hotels and organizes luxury rail and river cruises, in a $3.2 billion deal. Earlier this month, LVMH announced “a strategic investment” in the Orient Express, a brand offering luxury train travel owned by French hospitality firm Accor.

Persons: Bernard Arnault, Chez L’ami Louis, LVMH, “, Bill Clinton, Martin Scorsese, Victoria Beckham, Gwyneth Paltrow’s, Paris Arnault, Arnault, Kering, ” Arnault, Jeff Bezos, Elon Musk, Louis Vuitton Organizations: London CNN, Chez, Louis, CNN, Notre Dame, Bloomberg, Dior, Orient Express Locations: Paris

☆ The luxury conglomerate behind Cartier is beating LVMH at its own game
▼ + stars: | 2024-06-19 | by ( Madeline Berg | ) www.businessinsider.com time to read: +10 min

But there's another corporation beating LVMH at its own game, and you probably haven't even heard of it: Richemont. Switzerland-based Richemont, behind brands like Cartier, Van Cleef & Arpels, and Piaget, is having a moment. "All of this favors the most established brands: Cartier and Van Cleef." Driven by Richemont's top brands, Cartier and Van Cleef, sales gained 7% in the country, including Hong Kong and Macau, in Richemont's 2024 fiscal year. "If you're in a bar or restaurant, you're sitting at a distance, you can recognize the Labra pendant from Van Cleef.

Persons: —, Louis Vuitton, Bernard Arnault's, Van Cleef, Piaget, outperforming LVMH, Saint Laurent, It's, Cartier, Chiara Battistini, it's, Gucci, Arnault, Johann Rupert, Rupert, Richemont, Fflur Roberts, HSBC's Rambourg, Diana —, Tim Graham, Jelena Sokolova, Morningstar, Rambourg, Euromonitor's Roberts, Van, Keith Tsuji, Sokolova, Cleef, Nicolas Bos, — Bos, Nicholas Bos, Jared Siskin, I've, What's, JPMorgan's Battistini, Bos, Porter Organizations: Service, LVMH, Business, Cartier, Gucci, HSBC, Google, JPMorgan, Credit Suisse, Deloitte, Local, Art Basel, McKinsey, Prada Locations: Switzerland, China, Euromonitor, Hong Kong, Macau, Art Basel Hong Kong, Asia

☆ Jeff Bezos and Bernard Arnault are worth a combined $404 billion — here are the routes they took to achieve mega-wealth
▼ + stars: | 2024-06-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Jeff Bezos and Bernard Arnault have a combined net worth of around $404 billion. The two business titans are among the world's richest people, Bloomberg's Billionaires Index shows. AdvertisementJeff Bezos and Bernard Arnault are two of the world's richest people, with a combined net worth of around $404 billion. As of Monday, Amazon founder Bezos is ranked first on Bloomberg's Billionaires Index, with a net worth of $206 billion. Arnault, the owner of the luxury goods conglomerate LVMH, is ranked third, with a net worth of $198 billion.

Persons: Jeff Bezos, Bernard Arnault, —, Bezos, Dom Pérignon Organizations: Service, Tiffany, Business

☆ Forget Elon Musk’s record pay package from Tesla. More could be on the way.
▼ + stars: | 2024-06-17 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

New York CNN —Tesla shareholders on Thursday confirmed they want Elon Musk to get a massive record pay package for running Tesla for the last six years. “The chancellor found a number of defects in the process.”But Tesla shareholders also approved moving Tesla’s state of incorporation to Texas, partly in reaction to the Delaware decision. “What we recognized in 2018 and continue to recognize today is that one thing Elon most certainly does not have is unlimited time,” Tesla board chair Robyn Denholm wrote to Tesla shareholders ahead of the most recent vote. Ark Invest has a five-year target price for Tesla shares at $2,600 a share. Not everyone on that list got there through packages of stock options.

Persons: Elon Musk, Tesla, Chancellor Kathaleen McCormick, Musk, It’s, “ It’s, Samantha Crispin, Baker Botts, “, ” Musk, McCormick’s, Elon, ” Tesla, Robyn Denholm, ”, Tasha Keeney, ” Elon Musk, Jeff Bezos, Bernard Arnault, Mark Zuckerberg, Larry Page, Bill Gates —, Zuckerberg, McCormick Organizations: New, New York CNN, CNN, Tesla, ARK Invest, Elon, Invest, Microsoft, Apple, SpaceX, Amazon, Facebook Locations: New York, Delaware, Texas, “, Tesla

☆ In a Divided Nation, an Infrastructure Develops to Build Bridges
▼ + stars: | 2024-06-16 | by ( Jonathan Weisman | Jon Cherry For The New York Times | ) www.nytimes.com time to read: +1 min

But over a structured brainstorming session in 2022, amid a weekend retreat with the Kentucky Rural-Urban Exchange, something clicked. Mr. Clay, 47, had a side project chronicling Kentucky’s Black Civil War veterans. Ms. Bishop, 34, during quiet hours alone studying the ecology of the Clay Hill Memorial Forest in Taylor County, Ky., had pondered the old stones that almost certainly marked the burial grounds of the once-enslaved, a forgotten memorial to a hidden past. An effort was born — the Enslaved People of Clay Hill, or EPOCH, Legacy Project — to officially recognize the burial ground. And a connection was made across the gulfs of race, age and geography.

Persons: Bernard Clay, Shaelyn Bishop, Clay, Bishop, — Organizations: Kentucky, Urban, Civil Locations: Louisville, Ky, Green County, Clay Hill, Taylor County

☆ The digital dermatologist will see you now
▼ + stars: | 2024-06-13 | by ( Susan Griffin | ) edition.cnn.com time to read: +8 min

video calls and digital images to discuss skin concerns remotely) compared to 14.1% pre-Covid, said the American Academy of Dermatology. The advent of digital dermatology, pushed forward by increasingly innovative and sophisticated digital tools — not only smartphones and video calling apps but artificial intelligence — is enabling a growing number of global brands to diagnose, prescribe and produce bespoke creams via virtual consultation rooms. I tried Klira, a digital dermatology service co-founded in 2021 by British dermatologist Dr. Emma Craythorne. From Simon Ourian MDWhile digital dermatology makes it possible to access the expertise of people who might otherwise be out of your price bracket or zip code, there are inevitable drawbacks and limitations to using a digital dermatologist exclusively. “Although it was not a total transformation, my skin did get a bit better and I would recommend the digital dermatologist route,” she said.

Persons: tweens, ”, Shoshana Marmon, Emma Craythorne, Klira’s, dermatologists, Craythorne, Claire Todd, Emily Thompson, Dr Simon Ourian, Kim Kardashian, Megan Fox —, Dr Simon, “ I’d, Simon Ourian, Thompson, ” Dr, Ifeoma Ejikeme, Bryony Firth, “, I’d, I’ve, Ejikeme Organizations: CNN, Technology, American Academy of Dermatology, Dermatology, New York Medical College, Klira, Adonia Medical Clinic Locations: Cleethorpes, England, Los Angeles, London, Bernard, Gloucestershire, New York

☆ I live in one of the most expensive US cities for just $1.5K a month. Nonprofit housing stopped me being priced out.
▼ + stars: | 2024-06-11 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThis as-told-to essay is based on a conversation with Úrsula Alvarado, a 52-year-old Peruvian-American artist who lives in Alexandria, Virginia. In 2016, I had just divorced my husband of 30 years and was forced to live at a friend's place. Úrsula Alvarado outside St James Plaza, an affordable apartment community in Alexandria, Virginia, on May 11, 2024. He was stunned that I was living in one of the country's most expensive cities.

Persons: —, Úrsula Alvarado, St James Plaza, Paul Bernard Organizations: Service, Business, United States, Affordable Homes, St Locations: American, Alexandria , Virginia, Peru, Alexandria, St James

☆ Tell us if you've had an intimate relationship with a colleague, or you could get fired, oil giant warns staff
▼ + stars: | 2024-06-11 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Workers must now declare any intimate relationship with a colleague, even if there is no conflict of interest. In September, now-ex-CEO Bernard Looney was found to have committed "serious misconduct" over an employee relationship. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . BP informed all employees last week that they must disclose any intimate relationships with colleagues, or they could face disciplinary action, the company confirmed to Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: Bernard Looney, —, hadn't Organizations: Workers, Service, BP, Business

☆ Jeff Bezos dethrones Bernard Arnault to reclaim crown of world's richest person
▼ + stars: | 2024-06-11 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Jeff Bezos has reclaimed the title of the world's richest person from luxury tycoon Bernard Arnault. Bezos, Amazon's cofounder, now leads Bloomberg's Billionaires Index with a $209 billion net worth. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJeff Bezos has reclaimed the top spot as the world's richest person once again. According to Bloomberg's Billionaires Index, the Amazon cofounder has dethroned Bernard Arnault and now ranks first among the world's 500 richest billionaires.

Persons: Jeff Bezos, Bernard Arnault, Elon Musk, — Organizations: Service, Amazon, Business

☆ Starbucks' Howard Schultz talks Steve Jobs screaming at him and wishing he'd trademarked the latte in a new podcast
▼ + stars: | 2024-06-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +10 min

Starbucks didn't sell its own coffee early on"When Starbucks opened in Pike Place Market in 1971, they were using Peet's Coffee. Howard Shultz is going to acquire Starbucks Coffee Company, and he's never going to hear from you again." Together the trio made the "huge decision" to sell Starbucks coffee in Costco, which sparked a "revolt inside the halls of Starbucks," Schultz said. Related storiesThe former Starbucks CEO faced similar blowback when he agreed to let United Airlines serve his company's coffee. "We're not a beverage company serving coffee, we are a coffee company serving people.

Persons: —, Howard Schultz, Schultz, Bill Gates, Steve Jobs, Costco's, Bernard Arnault, Lavazza, I've, Samuel Stroum, it's, Howard Shultz, he's, Brian Ach, latte, Jeff Brotman, Jim Sinegal, they've, Coke, Pepsi, Steve, Justin Sullivan, Blackstone, Alexandre, Louis Vuitton, Alexandre Arnault, Donato Sardella, Louis Organizations: Service, Starbucks, Business, Pepsi, Microsoft, Starbucks Coffee Company, Costco, United Airlines, Starbucks Facebook, Staff, Getty, Tiffany's, Louis Vuitton Locations: Coke, Pike, San Francisco, Seattle, Chicago, America, Costco, Atlanta, New York, Apple's, California, Mobile, Italy, Milan

☆ Before the Olympics, the Fabulous French Fashion Flex
▼ + stars: | 2024-06-07 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +2 min

When is a fashion show not just a fashion show? Indeed, the front-row stars are as much an attention-grabbing part of the shows as the shows themselves. In a world of fashion micro-trends, that may be the biggest trend of all. This was especially true this season, as the shows of the five big heritage French brands — Chanel, Louis Vuitton, Hermès, Dior and Balenciaga — served as de facto calling cards for the Paris Olympics, which is being touted as the most “fashion” Olympics ever. It is no coincidence that two of those brands, Louis Vuitton and Dior, are owned by LVMH, which is a top-line sponsor of the Olympics.

Persons: — Chanel, Louis Vuitton, Hermès, Dior, Balenciaga —, Bernard Arnault, Balenciaga Organizations: Paris Olympics, Dior, LVMH, Hermès Locations: China, France

☆ Baby naming is big business, with consultants charging up to $10,000 to find the perfect name
▼ + stars: | 2024-06-07 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Now, there are baby naming consultants who rifle through popularity lists, analyze trends, and recommend the right fit for families. There are companies that specialize in baby names, too. AdvertisementCoffield said she knew she could make a living from baby names when she started talking about it on TikTok. She had previously focused on educating women about how to be empowered while giving birth and casually spoke about baby names a few times. The biggest way to build success in the baby naming business is to make sure people find you credible, Coffield said.

Persons: —, influencer Francesca Farago, @francescafarago, ames, earbooks,, ike, ersonal, ake, ince, ure Organizations: Service, Business, Netflix, ust

☆ Gen. Montgomery wrote his entire D-Day invasion battle plan on a single piece of paper — here it is
▼ + stars: | 2024-06-06 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +1 min

The invasion of Normandy, France, on D-Day was a massive and complex military operation involving hundreds of thousands of military personnel. Allied war planners spent months preparing for the assault, drafting up numerous plans for the spearhead into German-occupied northwestern Europe. One commanding general, Britain's Gen. Bernard Montgomery, kept it simple, scribbling out his plans for the largest land, air, and sea operation in military history on a single sheet of paper. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Allied war planners spent months planning the invasion, the beginning of the Allied spearhead into German-occupied Europe known as Operation Overlord.

Persons: Britain's Gen, Bernard Montgomery, — Organizations: Service, Nazi, Business Locations: Normandy, France, Europe

☆ When a Bank Rescinds a Job Offer Because It Canceled Your Credit Cards
▼ + stars: | 2024-06-06 | by ( Ron Lieber | ) www.nytimes.com time to read: +1 min

Customers would get a call from the bank, or their A.T.M. cards would stop working and then their credit cards would freeze as well. One question that lingered was what the long-term ramifications would be for those whose accounts were closed. Thankfully, people who had experienced this usually weren’t blacklisted from opening accounts at other banks, even if their former bank told them that it would never take them back. But what if you tried to work at a bank that had kicked you out?

Persons: Tara Siegel Bernard, JPMorgan Chase, Mansoor Shams Organizations: JPMorgan, Marine, Apple Locations: Baltimore

☆ Flying taxis are closer than ever to reality. The booming industry needs to overcome infrastructure hurdles.
▼ + stars: | 2024-06-06 | by ( Taylor Rains | ) www.businessinsider.com time to read: +9 min

One expert said eVTOLs fly at low altitudes and could create airspace and security challenges. The US's first electric vertical-takeoff and -landing aircraft are expected to fly commercial passengers as soon as 2025. It still needs further approvals to fly for airlines like United, but the latest certificate puts it one step closer. Archer's Midnight aircraft are typically shorter range, with the Midnight flying up to 100 miles on one charge. Joby plans to use the four urban vertiports as a citywide commercial eVTOL air link around Dubai.

Persons: eVTOLs, —, Archer, Bryan Bernhard, Bernhard, Archer's, Pete Syme, Henry Harteveldt, Joby, Rani Plaut, Harteveldt, Bernard, Archer Aviation's, Archer Aviation Bernhard Organizations: Infrastructure, Service, Royal Aeronautical Society, American Airlines, United Airlines, Virgin Atlantic Airways, US Air Force, JPMorgan, Newark Liberty International, O'Hare International, Archer, Midnight, Joby Aviation, FAA, NASA, Joby, Air, Delta Air Lines, Federal Aviation, Archer Aviation Locations: Manhattan, New Jersey, Chicago's, Henry, Dubai, Japan, New York City, San Francisco, Washington, London, Paris

☆ Congestion Pricing Ignites an Old Rift: Drivers vs. Transit Riders
▼ + stars: | 2024-06-02 | by ( Bernard Mokam | ) www.nytimes.com time to read: +1 min

In 2010, Filolaos Kefalas, an electrical engineer, drove a black Corvette into Manhattan for his first date with Lisa Daglian, a transit advocate. “You know you can take the train,” Ms. Daglian, 61, recalled saying. But Mr. Kefalas has his reasons for driving, he said. “Time is money,” Mr. Kefalas, also 61, said. “I try to go the quickest way possible.”The rift between Ms. Daglian, who now leads the Permanent Citizens Advisory Committee to the Metropolitan Transportation Authority, and Mr. Kefalas did not derail their romance — they are married.

Persons: Filolaos, Lisa Daglian, “, Ms, Daglian, Kefalas, ” Mr Organizations: Committee, Metropolitan Transportation Authority Locations: Manhattan, Bayside , Queens, United States

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