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On June 28, 2020, a group of women using the name Black Females Anonymous published a damning public letter that shook Essence magazine, the leading publication for Black women in America, to the core. Essence magazine was launched in 1970 at a time when Black business and civil-rights leaders called for greater self-determination and empowerment. The magazine was the brainchild of a group of four Black businessmen who identified a lack of publications for Black women in America. "And that is to serve Black women deeply, to serve women of color in a way that no one else has thought about." Essence CEO Michelle Ebanks, Dennis, and Essence chief content and creative officer, Moana Luu, at the 2020 13th Annual Essence Black Women in Hollywood luncheon.
Persons: Richelieu Dennis, Dennis, haven't, Susan Taylor, Taylor, , Jason Kempin, wasn't, Michelle Ebanks, Rich Dennis, Arturo Holmes, Margarita Corporan, Forbes, let's, didn't, Sandra Okerulu, Ebanks, Luu, Moana, Rich Polk, Wears, Danielle Young, Julee Wilson, Candace Montgomery, Wilson, Montgomery, Martha, Martha Dennis, Rechelle, Sophia, Richelyna, Alan Lescht, bristled, Joy Collins Profet, Readers, Essence's, Collins Profet, Caroline Wanga, — it's, Wanga, unappreciated, Travis Montaque, cofounders, Lionel Hahn, Yesha Callahan, Rich, That's what's, Yoonji Han Organizations: Black, Time Inc, Vogue, Sports, Essence Communications, Entertainment, New York Times, Meredith Corporation, Essence, Inc, Brands, Ventures, Upfronts, Babson College, The, Depot, PepsiCo, Accenture, Unilever, Magazine, Magazine's, Penske Media, Getty, Essence Ventures, Afropunk, Vice Media, Black Entertainment Television, Digital, Sports Illustrated, Media, Fortress Investment, NASDAQ, Trace Media, texturism, Readers, Employees, Staff, BET, Culture, Democracy, Inkwell Locations: America, Black, Liberia, Queens, shea, Moana Luu, Martinique, France, Paris, Philippines, Hollywood, Industry City, Brooklyn, Cannes
In a letter sent on Wednesday, Twitter alleged that Meta used its trade secrets to develop its new social media platform, Threads, and demanded that it stop using the information. Twitter said that Meta had hired dozens of former Twitter employees, many of whom "improperly retained" devices and documents from the company, and said Meta "deliberately" assigned them to work on Threads. Meta spokesperson Andy Stone said in a Threads post on Thursday that no one on the site's engineering team is a former Twitter employee. Legal experts said that while many companies have accused competitors that hired former employees and have a similar product of stealing trade secrets, the cases are difficult to prove. One element courts look at is whether a company made clear to employees that the specific information at issue was a trade secret.
Persons: Meta, Twitter, Andy Stone, Polk Wagner, Wagner, Elon Musk, Sharon Sandeen, Sandeen, Uber, Jody Godoy, Noeleen Walder, Matthew Lewis Organizations: Twitter, University of Pennsylvania, Mitchell Hamline School of Law, Companies, Uber Technologies, Thomson Locations: St, Paul , Minnesota, Alphabet's, New York
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
This marks a shift from the incentive culture that many companies have been using to lure workers back to the office post-pandemic. But workforce demographics vary widely when it comes to the benefits, and the desire, to return to the office. Employees who work from the office at least three times a week report feeling more connected to their colleagues, a company spokesman said. This could mean, for instance, spelling out to the sales team that Mondays and Wednesdays are in-office days because that's when the bulk of customer interactions happen, and making clear to engineering that Thursdays are in-office days because that's when code reviews happen. This comes as the company will start mandating employees be in the office four days a week, up from three days, after Labor Day.
Persons: Bradford, Bell, William J, Conaty, there's, slowdowns, Morgan Chase, Davis Polk, Sallie Krawcheck, Lynne C, Vincent, Jenny von Podewils, Podewils, Rubab Jafry O'Connor, Neil Barr Organizations: Resources, Center, Cornell University's ILR, Google, Skadden, Wardwell, LaSalle Network, Citi, Bank of America, CNBC, Companies, Whitman School of Management, Syracuse University, Employees, Carnegie Mellon University's Tepper School of Business, Labor Locations: Slate
The preliminary report said Nissan had installed two sets of security cameras at the entrance to Gupta's house in Tokyo's Shibuya ward, the people said. Uchida and Gupta, who was still a Nissan director and chief operating officer on June 20, were recused from the board meeting. In his letter, Nada asked for an international law firm to be brought in to investigate the surveillance of Gupta. Reuters was unable to determine if either law firm had made any finding about the harassment claim itself, beyond how it was handled. Nada said in his letter he understood that Japanese law firm Anderson Mori & Tomotsune had investigated the claim.
Persons: Ashwani Gupta, Makoto Uchida, Davis Polk, Gupta, Uchida, Nissan, Akira Takeuchi, Hari Nada, Nada, Iwata Godo, Motoo Nagai, Nagai, Anderson Mori, Tomotsune, Daniel Leussink, Maki Shiraki, Kevin Krolicki, David Clarke Organizations: Nissan, Renault, Reuters, NEW, Senior Renault, Thomson Locations: Yokohama, Tokyo's Shibuya, Tokyo, French, Austin , Texas
Richard Severo, a prizewinning reporter for The New York Times whose challenge to what he considered a punitive transfer by the newspaper’s management became a cause célèbre among journalists in the 1980s, died on June 12 at his home in Balmville, N.Y., in the Hudson Valley. But while reporting for The Times’s science section, Mr. Severo ran afoul of his bosses when he decided to write a book drawn from his articles about a patient with neurofibromatosis — known as the “Elephant Man” disease — whose face was reconfigured after grueling surgery. Accounts of what happened next vary, but The Times, through its publishing subsidiary Times Books, was said to have claimed first rights to the book because it was based on Mr. Severo’s work for the newspaper. Mr. Severo, however, through his agent, had already begun auctioning the rights to other publishers. Times Books eventually bid $37,500 (about $110,000 in today’s dollars), but Harper & Row, with an offer of $50,000 (about $145,000) won the rights.
Persons: Richard Severo, Emóke Edith de Papp, Severo, George Polk, Meyer, Mike ” Berger, neurofibromatosis, Severo’s Organizations: The New York Times, Long Island University, New, Columbia University, Times, Harper Locations: Balmville, Hudson, New York State, New York
June 12 (Reuters) - Instant Brands, the maker of Pyrex kitchenware, filed for bankruptcy on Monday, saying it had too much debt to withstand rising interest rates and tighter credit conditions. Instant Brands said it plans to keep operating while it restructures, and toward that end has lined up $132.5 million in financing. "Tightening of credit terms and higher interest rates impacted our liquidity levels and made our capital structure unsustainable," Chief Executive Ben Gadbois said in s statement. Instant Brands' portfolio also includes products such as Instant Pot pressure cookers and Corningware. The case is In re: Instant Brands Acquisition Holdings Inc, U.S. Bankruptcy Court, Southern District of Texas, No.
Persons: Pyrex kitchenware, Ben Gadbois, Davis Polk, Jonathan Stempel, Bill Berkrot Organizations: Brands, Cornell Capital LLC, Instant Brands, Federal Trade Commission, Holdings Inc, Bankruptcy, Southern District of, bk, Thomson Locations: Texas, United States, Canada, Downers Grove , Illinois, USA, China, Southern District, Southern District of Texas, New York
Mike Pence launches his 2024 GOP presidential bid
  + stars: | 2023-06-07 | by ( Jonathan Allen | ) www.cnbc.com   time to read: +6 min
Former US Vice President Mike Pence speaks during a meet and greet event hosted by the Polk County Republicans in Des Moines, Iowa, US, on Tuesday, May 23, 2023. Photographer: Rachel Mummey/Bloomberg via Getty ImagesDES MOINES, Iowa — Former Vice President Mike Pence, who certified the 2020 election results under threat from supporters of then-President Donald Trump, kicked off a bid for the Oval Office on Wednesday. Turning more squarely toward the oft-spiteful Trump, Pence adds, "Today, our party and our country need a leader that will appeal, as Lincoln said, to the better angels of our nature." Some in the crowd, angry over his refusal to block the certification of the 2020 defeat of the Trump-Pence ticket, chanted, "Hang Mike Pence!" "Mike Pence is a true conservative and a great public servant," said Dan Eberhart, a GOP donor who backs DeSantis.
Persons: Mike Pence, Pence, Rachel Mummey, Donald Trump, Joe Biden, Trump, Lincoln, Chris Christie, Doug Burgum, Iowa's, Ron DeSantis, DeSantis, Nikki Haley, , Dan Eberhart, George W, Bush, Pence's, Mike Pence's Organizations: US, Polk, Republicans, Federal, Bloomberg, Getty, DES, Indiana, GOP, New, New Jersey Gov, North Dakota Gov, Florida Gov, Trump, Pence, Republican, Social Security, Medicare Locations: Des Moines , Iowa, Iowa, America, Des Moines, New Jersey, Indiana, Trump, Afghanistan, Iraq, Ukraine, Florida
'Succession' is over, so now what?
  + stars: | 2023-06-03 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +4 min
Viewers of “Succession” are mourning as the series came to a dramatic close after four seasons, leaving Sunday nights with an empty space to fill. If you loved “Succession,” here are just a few other shows you might enjoy. HBO Max“The Righteous Gemstones”(From left) Edi Patterson, Danny McBride and Adam Devine in "The Righteous Gemstones." “The Righteous Gemstones” is streaming on Max, which is owned on CNN’s parent company. Jeff Neumann/ShowtimeAnother drama similar to “Succession,” “Billions” will also give you your rich-people-behaving-badly fix.
Persons: Roy, HBO Max “, Patterson, Danny McBride, Adam Devine, Ryan Green, it’s, , Paul Giamatti, Chuck Rhoades, Corey Stoll, Michael, Mike, Prince, Jeff Neumann, , Damian Lewis, Bobby Axelrod, Kevin Costner, Kevin Lynch, Dutton, … Sia, Christopher Polk, Sia, I’ve, ’ ”, Count, Maddie Ziegler, Marcelo Hernandez, Taylor Hawkins, Can’t, … Wanda Sykes, Wanda Sykes, I’m Organizations: CNN, HBO, Showtime, Justice Department, Paramount, Yellowstone, Paramount Network, Dolby Theatre, NBC, NBCU, Bank, Getty, Singer, , Foo, Lollapalooza, Parque Bicentenario Cerrillos, Foo Fighters, Netflix Locations: Yellowstone, , , Montana, Los Angeles , California, Lollapalooza Chile, Santiago , Chile, America
June 2 (Reuters) - Fort Bragg, the U.S. Army base in North Carolina that is among the world's largest military installations, was formally renamed Fort Liberty on Friday, part of a broader effort to rechristen bases named for Confederate officers. In a video on Friday announcing the change, the Army said the base is the only one to be named after a value, rather than a person. "No value has proven more integral to the United States and the history of its military than liberty," the video said. Established in 1918, the North Carolina base was originally named for General Braxton Bragg, who served in the Confederate Army during the 19th-century U.S. Civil War. Reporting by Joseph Ax; Additional reporting by Tyler Clifford; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.
Persons: Fort Bragg, George Floyd, General Braxton Bragg, Fort Johnson, Henry Johnson, Joseph Ax, Tyler Clifford, Bill Berkrot Organizations: U.S . Army, Liberty, Confederate, Army, Confederate Army, Special Operations Forces, Thomson Locations: North Carolina, United States, Civil, Polk, Louisiana
Opinion | Justice Delayed
  + stars: | 2023-05-16 | by ( Lisa Belkin | ) www.nytimes.com   time to read: +3 min
“We investigated this thing upside down,” said Jerry Hill, a retired state attorney, in a “Bone Valley” interview with Mr. King’s co-host, Kelsey Decker, minutes after the board denied parole to Mr. Schofield in 2020. And so it went in the Adams and Schofield cases, as the prosecutors all but physically barred the jailhouse door. There was no expression of regret from the prosecutors who convicted Randall Dale Adams in Dallas. (Mr. Lindsey himself spent three years on death row before the Florida Supreme Court concluded the evidence was insufficient to sustain his conviction. He is one of 30 death row inmates in Florida to be exonerated since 1972, according to the Death Penalty Information Center.)
FILE PHOTO: The Silicon Valley Bank headquarters seen from the street in Santa Clara, California, U.S. March 13, 2023. The bank’s parent company, SVB Financial Group, entered bankruptcy on March 17. The Fed’s report concluded that SVB did not adequately hedge against risk, failed its own liquidity stress tests, and chased short-term profits at the expense of long-term stability. Rather than address these risks, the bank changed how it measured them, the report found. “I see this (Fed) report as being extraordinarily useful evidence to dangle in front of a judge or jury on class action lawsuits against accounting firms,” Cox said.
A New York City teacher quit her job in March after 12 years at the school. She teaches music and describes the shift to remote learning at the beginning of the pandemic as one that triggered a professional change, too. Parkis is one of many Americans who prefer remote working, even as companies have attempted to entice — and in some cases, strong-arm — employees back to the office. She was teaching full time at a Brooklyn, New York, middle school for 12 years and said her school ended remote learning last year. When she did, she quit right away and began her post at a fully online public school.
Officials had yet to do the same for regional banks, some of which had grown to considerable size and complexity, said Gruenberg. One member, Timothy Mayopoulos, who within months would quickly be named chief executive of Silicon Valley Bank after it failed in March, queried regulators about dealing with regional banks' high proportion of uninsured deposits. Banking regulators have come under criticism since March for failing to stave off the crisis triggered by a run on Silicon Valley Bank, most of whose deposit base was uninsured. The Fed and FDIC are expected to release reports on Friday on their supervision of Silicon Valley and Signature Bank. The meeting was the first since the creation of the panel more than a decade ago to consider policy responses to failures in the middle-tier of large financial institutions.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCreator of Nansen's Shanghai dashboard breaks down the data following the upgradeCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. Following Ethereum's latest upgrade, Crypto World spoke with Niklas Polk, a research analyst with the blockchain analytics platform Nansen, about the new Shanghai dashboard he helped create and the data it revealed regarding ETH withdrawals.
Todd Haimes, who rescued New York’s Roundabout Theater Company from bankruptcy and built it into one of the largest nonprofit theaters in America, died on Wednesday at 66. His death, at Memorial Sloan Kettering hospital in Manhattan, was caused by complications of osteosarcoma, according to a spokesman, Matt Polk. Mr. Haimes had lived with the cancer since 2002, when he was diagnosed with sarcoma of the jaw. As the artistic director and chief executive officer at Roundabout, Mr. Haimes had an extraordinarily long and effective tenure. He led the organization for four decades, turning the nonprofit company into a major player on Broadway, where it now runs three of the 41 theaters.
A Russian tank mysteriously appeared off a highway in Louisiana on Tuesday, The War Zone reported. "I've been here seven years," Valerie Mott, the assistant manager of the casino and travel center, told The War Zone. The tank did not have any machine guns attached to it and had damaged front and rear fenders, The War Zone reported. Spokespeople for the Pentagon, the Russian military, and the Ukrainian Ground Forces did not immediately respond to Insider's requests for comment. Since the start of Russia's invasion last year, Ukrainian troops have been reusing captured Russian tanks in battle.
The law firm Davis Polk & Wardwell might cut employees' bonuses if they don't return to the office. "We're very focused on having our team in at the same time," Neil Barr, chair and managing partner at Davis Polk, told the Wall Street Journal. The era of widespread remote work might be coming to a close economy-wide, as firms tighten their belts and try to get their workers back in. As mass layoffs sweep some sectors that embraced remote work — like tech — companies that are letting workers go are increasingly asking for their remaining workforce to come back in. That's because even companies that have chosen to embrace remote work may be doing so in part because it allows them to pay workers less.
April 12 (Reuters) - U.S. industrial conglomerate Emerson Electric Co (EMR.N) said on Wednesday it will buy measurement tools maker NI Corp (NATI.O) for $8.2 billion in a bid to boost its automation capabilities. The purchase will allow Emerson to tap NI's software-connected automated test and measurement systems for higher growth and margins in its automation portfolio. Emerson has executed a string of deals over the last few years to streamline itself into an industrial automation provider. The NI deal is expected to close in the first half of Emerson's fiscal 2024. Goldman Sachs & Co LLC and Centerview Partners LLC were financial advisers to Emerson on the deal, while Davis Polk & Wardwell LLP was its legal adviser.
April 12 (Reuters) - U.S. industrial conglomerate Emerson Electric Co (EMR.N) on Wednesday said it would buy measurement tools maker NI Corp (NATI.O) for $8.2 billion in an effort to boost its automation capabilities. Emerson has executed a string of deals over the last few years to streamline itself into an industrial automation provider. The NI deal is expected to close in the first half of Emerson's fiscal 2024. Shares of Emerson, which already owns an about 2% stake in NI, fell more than 2% to $82.55 in premarket trade. NI launched a formal sale process in January after Emerson threatened to challenge its board if it did not engage in deal negotiations.
April 12 (Reuters) - U.S. industrial conglomerate Emerson Electric Co (EMR.N) on Wednesday said it would buy measurement equipment maker NI Corp (NATI.O) for $8.2 billion in an effort to boost its automation capabilities. The purchase of Texas-based NI, which provides software-connected automated test and measurement systems, will help Emerson achieve a higher-growth and higher-margin automation portfolio. NI launched a formal sale process in January after Emerson threatened to challenge its board if it did not engage in deal negotiations. Reuters reported on Tuesday that Emerson was in advanced talks to acquire NI. Goldman Sachs & Co LLC and Centerview Partners LLC are serving as financial advisors to Emerson, while Davis Polk & Wardwell LLP is serving as legal advisor.
"From our point of view, Rostock with its overseas port and an existing ammonia terminal can become a hub for international hydrogen imports into eastern Germany," said Hans-Joachim Polk, board member for infrastructure and technology. In another cooperation, VNG is sounding out Algeria's state oil and gas producer Sonatrach with a view to possibly arranging green hydrogen imports into Rostock via Tunisian and Italian natural gas pipelines, Polk told a press briefing. As customers across Europe baulked at sky-high prices, VNG's gas sales fell 23% last year to 588 billion kilowatt hours (kWh). As well as gas sales to local utilities and industry, the group has a wide range of activities in high pressure and distribution gas pipelines, storage facilities and biogas. Reporting by Vera Eckert; Editing by Rachel More, Friederike Heine and Susan FentonOur Standards: The Thomson Reuters Trust Principles.
General Motors ' self-driving vehicle unit Cruise acknowledged that some of its cars stalled out on city streets in San Francisco following rainstorms that downed trees there on Tuesday night. After that, another tree on Polk and Clay streets fell into the street. In response, he said, the San Francisco Fire Department had blocked off Clay between Polk and Jones streets with caution tape. He said the driverless Cruise vehicles did not appear to detect and avoid the caution tape and bus wires properly, and instead became "tangled in them." Cruise has permits to test and deploy autonomous vehicles in San Francisco all hours of day and night, excluding heavy rain."
"Meta's discovery gluttony confirms its request of eBay is not worthy of the burden Meta seeks to impose," eBay's lawyers told the California court. EBay's Quinn Emanuel attorneys derided Meta as a "litigant that has completely disregarded the bounds of reason and proportionality" in seeking information from third parties. A representative from eBay and its attorneys at Quinn Emanuel did not immediately respond to requests for comment. Lawyers for eBay contend the company doesn't compete with Meta on social networking but does face off over the Facebook Marketplace e-commerce service. The case is Federal Trade Commission v. Meta Platforms Inc, U.S. District Court, Northern District of California, No.
[1/2] Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., November 11, 2022. Stock sales reached $4.97 billion in the United States last week, the highest tally since the second week in 2022, according to data provider Dealogic. Globally, stock sales reached $12.3 billion, the most in more than 30 weeks. "Equity markets have regained some momentum and volatility has decreased, driving animal spirits on the buy side," said Santiago Gilfond, co-head of Americas equity capital markets at Credit Suisse Group AG (CSGN.S). A busy week for initial public offerings in early February offered some hope to stock market hopefuls, but advisors remain cautious as stocks sold off in recent weeks.
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