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☆ Trump's ex-national security advisor wants to restart US nuke testing. Nuclear experts warn that's not a good idea.
▼ + stars: | 2024-06-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewDonald Trump's former White House national security advisor is arguing that a second term in office should involve restarting US nuclear testing for the first time in over 30 years. No one wins a nuclear arms race, he said. Kimball called out the difference between O'Brien's argument for the resumption of nuclear testing with the Biden administration's current policy, which remains dedicated to the status quo. "Resuming nuclear testing would reduce US technical superiority over Russia and China because they would immediately follow and have much more to learn," he said. O'Brien's push for resumed testing shouldn't necessarily come as a surprise.

Persons: —, Donald Trump's, That's, Robert O'Brien, Trump, O'Brien, Jon B, Obama, Donald Trump, Xi Jinping, Brendan Smialowski, Wolfsthal, Daryl Kimball, Strangelove, Kimball, Biden, Joe Biden's, Jake Sullivan, We've, Maxim Zmeyev, Jeffrey Lewis, Hans Kristensen, John Bolton Organizations: Service, White House, Business, Foreign Affairs, United, Russian, Getty, US, Arms Control, Joe Biden's National, Middlebury Institute of International Studies, Federation of American, US State Department Locations: Russia, China, United States, Washington, US, AFP, PRC, People's Republic of China, Moscow, Monterey

☆ Adidas is investigating allegations of embezzlement and kickbacks in China
▼ + stars: | 2024-06-17 | by ( Laura He | Wayne Chang | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Adidas says it has started an investigation into allegations of “compliance violations” in China, a key market for its sportswear. The reported complaint alleged that a senior executive in Greater China who manages Adidas’ marketing budget had embezzled millions of euros and taken huge kickbacks from external advertising and celebrity agencies. Greater China — a region that encompasses mainland China, Hong Kong and Taiwan — contributes 15% of the company’s sales. In mainland China, Adidas is the second largest international sportswear brand behind Nike (NKE). Adidas is well known for playing the “celebrity” card in its marketing in China.

Persons: Hong Kong CNN —, Jiemian, Claudia Lange, ”, Lange, ’, Taiwan —, —, Yang Mi, Yi Yangqianxi Organizations: Hong Kong CNN, Hong Kong CNN — Adidas, Adidas China, CNN, Adidas, Nike Locations: China, Hong Kong, Taiwan, Beijing, Xinjiang

☆ Surgeon General demands warning label on social media apps
▼ + stars: | 2024-06-17 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

CNN —Surgeon General Dr. Vivek Murthy said the threat social media poses to children requires urgent action, and he demanded Congress to put a label on the apps as it does with cigarettes and alcohol. Teens spend nearly five hours a day on social media apps, according to a Gallup poll. Drew Angerer/Getty Images North America/Getty Images“It is time to require a surgeon general’s warning label on social media platforms, stating that social media is associated with significant mental health harms for adolescents,” Murthy said. Congress has long chastised social media companies, claiming they pose harm to children. And Murthy urged parents to restrict children’s use of social media until they graduate from middle school.

Persons: Vivek Murthy, ” Murthy, Murthy, Drew Angerer, “, Mark Zuckerberg —, there’s, ”, Ron DeSantis, Kathy Hochul Organizations: CNN, New York Times, American Medical Association, Gallup, U.S, North, Capitol, Florida’s Republican Gov, New York Democratic Gov Locations: North America, America, Congress

☆ Opinion | Men and Women, Together and Solo
▼ + stars: | 2024-06-16 | by ( ) www.nytimes.com time to read: 1 min

To the Editor:Re “Less Marriage, Less Sex, Less Agreement,” by Nicholas Kristof (column, May 30):Women’s discontent with marriage is not new; it just became more obvious because the availability of both birth control and abortion freed women to express their discontent by either not marrying or not remarrying. Recently the number of women who are choosing not to marry has reached a level that is alarming to those who become anxious when the power of traditional hierarchies weakens. So it’s not surprising that a prominent feature of the MAGA movement is an effort to bully women back into dependency by appointing Supreme Court judges willing to revoke their access to abortion and perhaps also birth control. This bullying gets dressed up in religious rhetoric that ignores the obvious truth that our freedom of religion must always include freedom from others’ religious convictions.

Persons: Nicholas Kristof, it’s, MAGA

☆ Biden nominates Christy Goldsmith Romero to lead FDIC at pivotal time for the banking regulator
▼ + stars: | 2024-06-13 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —President Joe Biden has nominated Christy Goldsmith Romero as chair of the Federal Deposit Insurance Corporation. Goldsmith Romero, a Democrat, served as special inspector general for the Troubled Asset Relief Program at the Treasury Department that was borne out of the Great Recession. As incoming head of the FDIC, she will largely be viewed as the figure responsible for fixing the longstanding problematic culture at the agency. An independent investigation commissioned by the FDIC released in early May confirmed the Wall Street Journal’s reporting from last year. Gruenberg’s exitUnder pressure from the top-ranking Democrat on the Senate Banking Committee, Sherrod Brown of Ohio, Gruenberg announced he would vacate the position once a new chair is confirmed.

Persons: Joe Biden, Christy Goldsmith Romero, Martin Gruenberg, Goldsmith Romero, Goldsmith Romero “, ”, “, wrongdoers, Sherrod Brown of, Gruenberg, Travis Hill Organizations: New, New York CNN, Federal Deposit Insurance Corporation, Democrat, Troubled Asset, Treasury Department, FDIC, ”, Senate Banking, Republican Locations: New York, ”, Gruenberg’s, Sherrod Brown of Ohio

☆ How Fizz, an anonymous messaging app for Gen Z, tore a high school apart
▼ + stars: | 2024-06-09 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

The app became available to the 1,300 students at Champlain Valley Union High School this May. AdvertisementWhen Champlain Valley Union High School students downloaded the app, the messages were initially innocuous. AdvertisementSolomon told the Journal that the Champlain Valley Union High School incident was an anomaly. "To confirm, we suspended the Champlain Valley Union Fizz community after working directly with school administrators," the statement read. AdvertisementA Champlain Valley Union High School representative did not respond to a request for comment from Business Insider.

Persons: —, Lio Miller, Miller, Ashton Cofer, Teddy Solomon, Oliver Hardt, Adam Bunting, Bunting, MANDEL NGAN, Yik Yak, Solomon, Gen Z Organizations: Service, Champlain Valley Union High School, Wall Street, Business, Stanford, Yik, McKinsey Health Institute, Champlain Valley Union High, Union High School Locations: Vermont, Champlain Valley, Champlain

☆ McConnell suggests 'discipline' for Dem senators pressuring Supreme Court over Alito flags
▼ + stars: | 2024-06-05 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Senate Minority Leader Mitch McConnell, R-Ky., suggested Wednesday that the Supreme Court should punish at least two Democratic senators over their calls for Justice Samuel Alito to recuse himself from key cases related to former President Donald Trump. Richard Blumenthal of Connecticut and Sheldon Whitehouse of Rhode Island are bound by court rules that "provide for discipline against those who engage in conduct unbecoming an officer of the court," McConnell said on the Senate floor. But McConnell singled out Blumenthal and Whitehouse because they are members of the Supreme Court bar. They are therefore "potentially engaged in unethical professional conduct before the court," McConnell said of Blumenthal and Whitehouse, both of whom are members of the Senate Judiciary Committee. The responses from Roberts and Alito confirm that they also viewed the communication as public, Whitehouse added.

Persons: Mitch McConnell, luncheons, Samuel Alito, Donald Trump ., Richard Blumenthal of, Sheldon Whitehouse, McConnell, Alito, Blumenthal, Whitehouse, John Roberts, Leonard Leo, Roberts, Dick Durbin, Clarence Thomas, Wednesday's Organizations: Democratic, Donald Trump . Sens, Richard Blumenthal of Connecticut, Trump, American, CNBC, Wall Street, Capitol, Durbin Locations: Ky, Washington, Rhode, Virginia

☆ When Anti-Fur Protesters Are at the Front Door
▼ + stars: | 2024-06-03 | by ( Jessica Testa | Vanessa Friedman | ) www.nytimes.com time to read: +1 min

A new frontier has opened in fashion’s fur wars, as protesters targeted the homes of more than a dozen employees of Marc Jacobs in recent months, using signs, noisemakers and fake blood in an effort to force the designer to officially renounce the use of fur in his collections. Over the weekend, Mr. Jacobs accused the protesters of “bullying” in a statement on Instagram, but averred: His brand “does not work in, use or sell fur, nor will we in the future.” He also emphasized that he had not used fur in any of his own brand’s collections since 2018. “This organization has made it clear that they will not stop their violence toward Marc Jacobs unless they get the statement they want,” Mr. Jacobs wrote. “While I don’t condone the behavior of this organization, I will always do what I can to protect, honor and respect the lives and well-being of the people I work with.”The organization referenced by Mr. Jacobs is the Coalition to Abolish the Fur Trade, or CAFT, a group that selects targets and disseminates information and resources to anti-fur activists on the ground.

Persons: Marc Jacobs, Jacobs, Mr, “ Organizations: Coalition, Trade

☆ Opinion: Billie Eilish’s “Lunch” is the Pride anthem we so desperately need
▼ + stars: | 2024-06-01 | by ( Opinion Allison Hope | ) edition.cnn.com time to read: +9 min

CNN —Billie Eilish’s new song, “Lunch” is the definitive queer anthem of 2024. Eilish’s “Lunch” symbolizes the seismic evolution in queer women expression in music. Eilish’s “Lunch” is a brilliant reinvention of our freedom of queer expression, and it comes at a most desperate time. If only we tune into Eilish’s song and to its inherent humanity — carnal, raw, authentic — and recognize in it our own hidden desires that we should face with the same openness she does. What Eilish has achieved, though, with her latest album and particularly with the song, “Lunch,” is to raise the bar on the unabashed expression of queer and women’s sexual desire.

Persons: Allison Hope, Billie Eilish’s, ” Allison Hope, Eilish, Marsha P, Johnson, Billy Porter unapologetically, She’s, Barbie, Finneas O’Connell, We’ve, Whitney Houston, Lang, Tracy Chapman, Jodie Foster, Elliot Page, Katy Perry’s, It’s, Nex Benedict, Starr Brown, Trevor, Lily Tomlin, Rosie O’Donnell, Ellen DeGeneres, Melissa Etheridge Organizations: New Yorker, The New York Times, Washington Post, CNN, Slate, Pride, MTV, US State Department, FBI, Department of Homeland Security, Twitter, Facebook, Lifeline Locations: New, Stonewall, New York, veneers, k.d, Russia, Ghana, Uganda, Italy, Buenos Aires, Memphis

☆ Austin reaffirms U.S. commitment to Indo-Pacific, says region is 'more prosperous when we work together'
▼ + stars: | 2024-06-01 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

US Secretary of Defence Lloyd Austin speaks at the 21st Shangri-La Dialogue summit in Singapore on June 1, 2024. Speaking at the Shangri-La Dialogue in Singapore, Austin said that Washington's enduring commitment to the region has been a "springboard" that has enabled transformative growth in the region. Austin said that the region is seeing a "new convergence" around nearly all aspects of security in the Indo-Pacific. It's about notions of goodwill, uniting around the interests that we share and the values that we cherish," Austin said. "I respectfully disagree with your point that the expansion of NATO caused the Ukraine crisis," Austin replied, drawing applause from the room.

Persons: Defence Lloyd Austin, Nhac Nguyen, Lloyd Austin, Austin, we're, Lai Ching, Lai, Cao Yanzhong, Vladimir Putin, Putin Organizations: Defence, Afp, Getty, SINGAPORE, U.S, NATO Locations: Singapore, United States, U.S, Philippines, Australia, Japan, China, Taiwan, Beijing, NATO, Europe, Russia, Ukraine

☆ A complete timeline of Prince Harry and Meghan Markle's rift with Prince William and Kate Middleton
▼ + stars: | 2024-05-31 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +1 min

The palace denied a report that the Sussexes had been "bullied" out of the royal family. Years later, Harry said he never gave permission for his name to be included on the statement. The royal family together on Christmas Day 2017. English added that it was made "clear from my conversations this morning that BOTH brothers are deeply, deeply unhappy about suggestions that Harry feels he has been 'bullied' out of the Royal Family by William." In his Netflix docuseries, which aired in December 2022, Harry said he had only been told about the statement after it was released.

Persons: Harry, Chris Jackson, Duke, Sussex, Cambridge, Rebecca English, William ., Meghan, Duke of Cambridge Organizations: The Times, Netflix, Huffington Post Locations: The

☆ US defense chief hails security partnerships in Asia in face of Russia, China threats
▼ + stars: | 2024-05-31 | by ( Brad Lendon | Nectar Gan | ) edition.cnn.com time to read: +5 min

Singapore CNN —US Defense Secretary Lloyd Austin on Saturday hailed the arrival of a “new convergence” in the Indo-Pacific, as the United States fortifies strategic and security partnerships in the region amid rising threats from China and Russia. “Today, we are witnessing a new convergence around nearly all aspects of security in the Indo-Pacific,” Austin said at the Shangri-La Dialogue security forum in Singapore. Looming large in that regional vision is a more assertive China, which Austin alluded to without mentioning it by name. Austin’s emphasis of a “new convergence” in Asia Pacific appeared to have struck a raw nerve with the Chinese delegation in the audience. Austin also reaffirmed US commitment to the Asia Pacific region, saying peace and stability across the region are crucial for the whole world.

Persons: Lloyd Austin, ” Austin, Austin, Lai Ching, “ We’ve, We’ve, we’ve, ”, Joe Biden, Xi Jinping, Cao Yanzhong, “, Mr.Putin, Dong Jun, Dong, Ferdinand R, Marcos Jr Organizations: Singapore CNN — US, Saturday, “, South China Seas, Asia Pacific, NATO, Institute of War Studies, Academy of Military Sciences of, China’s, National Defense Locations: Singapore, United States, China, Russia, Taiwan, Beijing, South China, Asia Pacific, South, Washington, Asia, Ukraine, Philippines, Philippine

☆ Harvey Weinstein retrial: New accusers have come forward, prosecutor says
▼ + stars: | 2024-05-29 | by ( Jean Casarez | ) edition.cnn.com time to read: +5 min

NEW YORK CNN —A Manhattan prosecutor said Wednesday a new indictment against Harvey Weinstein is possible as additional accusers have come forward with claims against the powerful Hollywood producer whose downfall became a symbol of the #MeToo movement. That trial similarly used “prior bad acts” witnesses and has also been appealed. In addition, three other women testified at trial as “prior bad acts” witnesses. They argued the “prior bad acts” witnesses should not have been allowed to testify and the court should not have given prosecutors the ability to question Weinstein about instances of verbal abuse and bullying on cross-examination. In sexual assault cases, their testimony can turn a difficult “he said, she said” case into a more convincing “he said, they said” case.

Persons: Harvey Weinstein, Nicole Blumberg, Justice Curtis Farber, “, ”, Weinstein, Blumberg, ” Blumberg, –, ” Weinstein, Arthur Aidala, Miriam “ Mimi ” Haley, Haley, ” Aidala, Farber, CNN Weinstein, Love, Jessica Mann, Mann, Prosecutors, – Dawn Dunning, Tarale Wulff, Lauren Young –, uncharged Organizations: YORK CNN, Hollywood, Manhattan Supreme, ” Prosecutors, New, ”, CNN, Weinstein’s Locations: Manhattan, “, Los Angeles, Hollywood, York, New York

☆ I'm a single mom of 3 living in Anguilla. My kids are safer than in the US and there's a bigger sense of community.
▼ + stars: | 2024-05-27 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +5 min

Before moving to Anguilla when I was 13, I lived with my single mom in Oregon, Florida, and California. My dad is from Anguilla, so my mom always had a connection to the island. As a single mother, I'm not afraid someone will come into my house to steal or hurt my family. My kids don't experience bullyingI'm always reading about how bad bullying is in the US. AdvertisementWe don't spend money on things we don't needThere aren't a lot of stores in Anguilla.

Persons: —, Vanessa Croft, I'm Organizations: Service, Business, University of the West Locations: Anguilla, Oregon , Florida, California, We've, States, America

☆ Paris Hilton will not let her children have smartphones: 'Some kids are getting phones way too young'
▼ + stars: | 2024-05-23 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

The movement of parents concerned by their kids' smartphone use just gained an unlikely disciple: socialite and DJ Paris Hilton. Hilton isn't alone in thinking smartphones can cause damage to young kids. "The biggest effects of social media happened during puberty, especially early puberty," he says. No social media before age 16. "There's no clear evidence that giving children access to social media early is better able to prepare them for adulthood later on," Rausch says.

Persons: DJ Paris Hilton, doesn't, Hilton, Johnathan Haidt, Z, Zach Rausch, Rausch Organizations: DJ Paris, Everything, Entertainment, NYU, Stern School of Business, CNBC

☆ Op-ed: How activist investors are deactivating with proxy battle losses
▼ + stars: | 2024-05-23 | by ( Jeffrey Sonnenfeld | Steven Tian | ) www.cnbc.com time to read: +7 min

Whether today's activist investors contribute any genuine economic value is open for debate. As this year's proxy season draws to a close, defeat after defeat for activist investors in proxy fights this year – most prominently at Disney and Norfolk Southern – raises the question: Are activist investors increasingly getting de-activated, losing their credibility and power? These self-styled "activist investors" are distinct from the original activists who helped catalyze needed governance reforms two decades back. Many of today's activist investors are a far cry from the original, heroic crusaders for shareholder value who pioneered the activism space decades ago. However, given the failing financial performance of many of today's activist investors, their losing streak in proxy fights and increasing public rejection of their bullying tactics, the credibility and value of activist investors writ large is increasingly imperiled.

Persons: Nelson Peltz's, Ed Garden, Ralph Whitworth, John Biggs of TIAA, John Bogle of, Ira Millstein, Weil, Nell Minow, Bob Monks, Harvard's Stephen Davis, Carl Icahn's, Aubrey McClendon, –, Bill Cohan, Jamie Dimon, Glass Lewis, resoundingly, Mason Morfit's ValueAct, Jeffrey Sonnenfeld, Lester, Steven Tian Organizations: CNBC, Salesforce, Dow Jones, Disney, Norfolk Southern, Relational Investors, John Bogle of Vanguard, Services, Chesapeake, Norfolk, JetBlue, Elanco, of Institutional Investors, United Shareholders Association, Responsibility Research, ISS, Lester Crown, Management, Yale University, Yale's, Institute Locations: Norfolk Southern, greenmailers, America

☆ Ms Rachel, the YouTuber, launched a campaign to help kids in Gaza and other conflict zones. Then came the angry comments
▼ + stars: | 2024-05-22 | by ( Faith Karimi | ) edition.cnn.com time to read: +7 min

“Hiiii, heeeello,” she chirps while waving cheerfully in social media clips that feature upbeat nursery rhymes, dances and language lessons for preschool children. Instead of her usual smiling, clapping and cheering, the popular social media creator, whose full name is Rachel Griffin Accurso, was in tears. But I can handle this,” she said in a video posted to her accounts last Thursday. In the caption on her tearful May 16 video, Accurso reiterated her concern for all the world’s children. “Palestinian children, Israeli children, children in the US – Muslim, Jewish, Christian children – all children, in every country,” she wrote.

Persons: “, TikTok, Rachel Griffin Accurso, ”, Accurso, wasn’t, –, Rachel, she’d, she’s, Rogers, James Elder, —, Giselle Ugarte, ” Ugarte, influencers Organizations: CNN, YouTube, Democratic, New York Times, United Nations Children’s Fund, UNICEF Locations: Instagram, Gaza, Israel, gaza, Sudan, Ukraine, Democratic Republic of the Congo, New York, Rafah, Palestinian, “

☆ Sam Altman's self-own with ScarJo reveals a troubling question about OpenAI: What's with these clowns?
▼ + stars: | 2024-05-21 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Read previewOpenAI's fight with Scarlett Johansson isn't just a PR disaster (and a big one at that). Most of all, it shows there's just really, really bad judgment going on at the highest levels of Sam Altman's company. But everyone immediately noticed that the "Sky" voice that ended up on ChatGPT reminded them of ScarJo. And then Sam Altman, in one of the greatest self-own moves of the generative AI era, tweeted out "her" during the product demo last week. The OpenAI team used a Scarlett Johansson sound-alike voice — also completely avoidable.

Persons: —, Scarlett Johansson isn't, there's, Sam Altman's, ScarJo, Johansson, OpenAI, Scarlett Johansson, Sam Altman, wasn't, Johansson's, Altman, it's, Ilya Sutskever Organizations: Service, Business, Hollywood, SAG, CNN, Reuters, Marvel, tech's, Facebook, Microsoft, eventual Locations: Turkey

☆ Jamie Dimon is worried about how much the US is borrowing. Here’s why
▼ + stars: | 2024-05-21 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Major business leaders and economists are worried about America’s growing debt problem. Last week, JPMorgan CEO Jamie Dimon expressed fear that a crisis is looming and that unchecked deficit spending could explode. The big picture: Between the Trump-era tax cuts and Covid-era stimulus programs, the national debt has exploded in recent years. Trump Media (DJT) reported a loss of $327.6 million during the first three months of the year, compared with a loss of $210,300 a year earlier. The company generated just $770,500 of revenue, marking the second-straight quarter where its revenue totaled less than $1 million.

Persons: Jamie Dimon, ”, ” Dimon, “, Ray Dalio, Columbia Business School Glenn Hubbard, Joe Biden’s, Jason Thomas, Carlyle, ” Thomas, Hanna Ziady, Liz Truss, Treasuries, Hubbard, Thomas, it’s, Donald Trump, Matt Egan, Devin Nunes, Martin Gruenberg, Elisabeth Buchwald, ” Gruenberg, Sen, Sherrod Brown, Gruenberg, He’s, Cleary Gottlieb Steen, Gruenberg’s, Gruenberg Organizations: CNN Business, Bell, New York CNN —, JPMorgan, Sky News, Financial, Columbia Business School, United, CNN, IMF, Congressional, Office, Peterson Foundation, Treasury, Trump Media, Trump Media & Technology Group, Truth Social, Company, Big Tech, ” Trump Media, Federal Deposit Insurance Corporation, Senate Banking Committee, FDIC, Hamilton Locations: New York, Bridgewater, United States, —, United, United Kingdom

☆ Exxon faces opposition from CalPERS after 'devastating' anti-ESG activist suit
▼ + stars: | 2024-05-20 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Exxon Mobil 's monthslong battle with two environmentally focused activist investors has cost the company the support of the California Public Employees' Retirement System. The two activists submitted a shareholder proposal that would have forced the company to reduce direct emissions and set a target for lowering emissions at suppliers and customers. Exxon sued the investors in Texas federal court in January, prompting them to withdraw the proposal. Even with the activists backing off, Exxon has continued its lawsuit to prevent the activists from ever again submitting such a proposal. CalPERS said in its letter that Exxon's "reckless" lawsuit threatened shareholder activism efforts on any issue.

Persons: Darren Woods, Arjuna, CalPERS, Marcie Frost, Theresa Taylor, it's, Greg Goff, Kaisa Hietala, Andy Karsner, Jeff Ubben Organizations: APEC, Summit, Moscone West, Exxon Mobil, California Public Employees, Exxon, CNBC, ExxonMobil, Securities and Exchange Commission, Inclusive Capital Locations: San Francisco , California, Texas

☆ Senate Banking Chair Sherrod Brown calls for new FDIC leadership after misconduct report
▼ + stars: | 2024-05-20 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +1 min

Sen. Sherrod Brown, D-Ohio, on Monday called on President Joe Biden to replace Federal Deposit Insurance Corporation Chairman Martin Gruenberg after allegations of widespread sexual harassment and misconduct within the agency. There "must be fundamental changes at the FDIC," Brown, who chairs the Senate Committee on Banking, Housing, and Urban Affairs, said in a statement. With his statement, Brown broke from fellow Democrats, who have largely condemned the allegations but refrained from pushing for Gruenberg's resignation, instead calling for him to drive changes at the agency. Law firm Cleary Gottlieb in April released a scathing report detailing an alleged culture of "sexual harassment, discrimination, and other interpersonal misconduct" at the FDIC. In one instance, Gruenberg allegedly screamed profanities at employees after they delivered bad news, the report said.

Persons: Sen, Sherrod Brown, Joe Biden, Martin Gruenberg, Brown, Cleary Gottlieb, Gruenberg Organizations: Federal Deposit Insurance, FDIC, Banking, Housing, Urban Affairs, Senate, Biden, Employees Locations: Ohio

☆ Xi’s Warm Embrace of Putin in China Is a Defiance of the West
▼ + stars: | 2024-05-18 | by ( David Pierson | ) www.nytimes.com time to read: +1 min

Days after returning from a trip to Europe where he was lectured about the need to rein in Russia, China’s leader, Xi Jinping, used a summit with President Vladimir V. Putin to convey an uncomfortable reality to the West: His support for Mr. Putin remains steadfast. Mr. Xi’s talks with Mr. Putin this week were a show of solidarity between two autocrats battling Western pressure. The two leaders put out a lengthy statement that denounced what they saw as American interference and bullying and laid out their alignment on China’s claim to self-ruled Taiwan and Russia’s “legitimate security interests” in Ukraine. They pledged to expand economic and military ties, highlighted by Mr. Putin’s visit to a cutting-edge Chinese institute for defense research. Mr. Xi even initiated a cheek-to-cheek hug as he bade Mr. Putin farewell on Thursday after an evening stroll in the Chinese Communist Party leadership compound in Beijing.

Persons: Xi Jinping, Vladimir V, Putin, Xi’s, Mr, Russia’s, Putin’s, Xi Organizations: West, Chinese Communist Party Locations: Europe, Russia, Taiwan, Ukraine, Beijing

☆ Cressida Cowper is getting a redemption arc in 'Bridgerton' season 3. Here's how it differs from the books.
▼ + stars: | 2024-05-16 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

"Bridgerton" season three is making a big change to the former villain Cressida Cowper. AdvertisementIn the books, Cressida marries before Penelope and Colin's love storyJessica Madsen as Cressida Cowper and Claudia Jessie as Eloise Bridgerton in "Bridgerton" season three. Liam Daniel / NetflixCressida appears in two "Bridgerton" books: "The Viscount Who Loved Me," which was source material for season two, and in "Romancing Mr. Bridgerton," which underpins season three. In "Romancing Mr. Bridgerton," Cressida is a vain, mean bully of London society. Cressida pretends to be Lady Whistledown and later blackmails PenelopeJoanna Bobin as Lady Cowper and Jessica Madsen as Cressida Cowper in "Bridgerton" season 3.

Persons: —, Bridgerton, Cressida Cowper, Jessica Madsen, Daphne Bridgerton, Phoebe Dynevor, Penelope Featherington, Nicola Coughlan, Cressida, Eloise Bridgerton, Claudia Jessie, Julia Quinn, Eloise, Penelope, Liam Daniel, Netflix Cressida, Twombley, Whistledown, Penelope Joanna Bobin, Lady Cowper, Lady, Lady Whistledown's, Queen Charlotte, Danbury, Colin Bridgerton, Lady Whistledown, Colin, Luke Newton, Netflix Madsen, Jess Brownell, Jess, they're, " Madsen, Madsen Organizations: Service, Netflix, Business, Lady Danbury

☆ New Miss USA Savannah Gankiewicz said her decision to take the crown was 'not made lightly' after the Miss Teen USA runner-up declined
▼ + stars: | 2024-05-16 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +5 min

On May 9, the Miss USA organization announced that Gankiewicz would become Miss USA following Voigt's resignation. She also told the outlet she's only had positive experiences with both Miss Hawaii USA and Miss USA. AdvertisementThe Miss Teen USA first runner-up didn't accept her crownTwo days after Voigt gave up her title, Miss Teen USA UmaSofia Srivastava also resigned. Miss USA Noelia Voigt and Miss Teen USA UmaSofia Srivastava both resigned. Chance Yeh/Getty Images for Supermodels UnlimitedHer crown was offered to Stephanie Skinner, the first runner-up in the Miss Teen USA pageant and Miss Teen New Jersey for 2023.

Persons: —, Gankiewicz, Noelia Voigt, Miss Teen USA UmaSofia Srivastava, Voigt, Josh Green, Miss USA, It's, They've, didn't, Chance Yeh, Stephanie Skinner, Skinner, Claudia Michelle, Colorado Arianna Lemus, BI's Anneta Konstantinides, Srivastava, NDAs, Jackeline Voigt, Barbara Srivastava, Miss USA's, Laylah Rose Organizations: Service, Miss USA, Miss Hawaii, Miss Teen USA, Business, Miss, CNN, Miss Hawaii USA, Teen USA, Miss Teen Locations: Miss USA, Hawaii, Honolulu, Miss Teen New Jersey, Instagram

☆ Savannah Gankiewicz crowned new Miss USA amid ongoing turmoil at pageant
▼ + stars: | 2024-05-15 | by ( Jacqui Palumbo | Christy Choi | ) edition.cnn.com time to read: +5 min

CNN —Amid a dramatic two weeks of resignations and allegations made against the Miss USA organization, Miss Hawaii USA Savannah Gankiewicz — who had originally placed as the first runner-up at the 2023 Miss USA pageant — has stepped up to be crowned Miss USA. The Miss Universe organization and Rose, through Miss USA, did not respond to CNN’s requests for comment. She welcomed Gankiewicz to the Miss USA family telling her to “embrace this moment of influence and let your words carry the power of positive change,” and thanked her corporate partners and sponsors for their “unwavering support.”Rose said that this year’s Miss Teen USA and Miss USA pageants would take place in Los Angeles and would broadcast on the CW network. The CW announced a multi-year agreement to air the two pageants in April, but in light of recent allegations, USA Today reported Monday that the network was “evaluating” its relationship with the Miss USA organization. Miss USA and Miss Universe Organization, have not returned CNN’s multiple requests for comment.

Persons: USA Savannah Gankiewicz —, —, Miss USA, ”, Hawaii Josh Green, “, Gankiewicz, Noelia Voigt, Voigt, Laylah Rose, UmaSofia Srivastava, Rose, ” Rose, Stephanie Skinner, ” Barbara Srivastava, Arianna Lemus, ” Gankiewicz, ” Lemus, Jackeline Voigt, Noelia, it’s Organizations: CNN, Miss USA, Miss, USA Savannah, USA, Miss Universe, Miss Teen, Teen USA, CW, Miss Teen USA, Miss Universe Organization, Miss Colorado USA Locations: USA, Hawaii, Honolulu , Hawaii, Waikiki, Sarasota , Florida, Miss USA, Los Angeles, Lahaina, Maui

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