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Here are the meanings of the least-found words that were used in (mostly) recent Times articles. 1. tomtit — any of several small birds:The Audubon Society would file a complaint in defense of tomtit virility. But, such is the state of Massenet’s reputation, I doubt that many sophisticated operagoers would rush to defend him. When I have busy days and am running around, I throw some on an avocado with tamari as a quick snack. — Cheap(ish) Thrills: Gwyneth Paltrow’s Favorite Everyday Things (June 8, 2022)And the list of the week’s easiest words:
Persons: tomtit, Massenet — Minor, moratoria, , rototill, torii, David, Julia Wolfe’s, , , tallit —, Liverman’s, Crane’s, Chili Crisp, I’ve, Gwyneth Paltrow’s Organizations: Audubon Society, , David Geffen Hall Locations: California, Mycenae, Greece, Brandenburg
Over the past few months, The New York Times has asked experts to answer the question, What would you play a friend to make them fall in love with jazz? The United States is full of cities with their own rich jazz histories, but none goes back as far as New Orleans. To really discover the beauty of New Orleans jazz, the in-person experience is key. But unless you’re about to book a trip, why not take five minutes to read and listen, and see if you get hooked? In the 100-plus years since then, New Orleans has remained something of a cultural anomaly in the United States: rooted in its own traditions, and fortified against broader commercial trends.
Persons: banjos, Joseph’s, Louis Armstrong — Organizations: New York Times, New, Mardi Locations: United States, New Orleans, Congo, Orleans
It's lured some of the biggest golf stars away from the PGA Tour with huge paychecks, spurring antitrust lawsuits with the American organization. "This is Saudi Arabia buying the PGA tour," sports talk show host Rich Eisen said in his broadcast after hearing the news. USA Today sports columnist Christine Brennan called the move "a total wimp-out by the PGA Tour. Glyn Kirk | AFP | Getty ImagesSocial media was rife with self-described golf fans vowing to never again watch the PGA Tour. Pro golfer Phil Mickelson, another member of the LIV Tour, tweeted "Awesome day today" in response to the news.
Persons: LIV Golf, that's, , LIV, Saudi Crown Prince Mohammed bin Salman, It's, Jay Monahan, Rich Eisen, Pat Welter, it's, Christine Brennan, Tiger Woods, Glyn Kirk, Ron Wyden, Chris Murphy, Jamal Khashoggi, Saudi LIV, Monahan, Saudi Arabian Crown Prince Mohammed bin Salman, Jim Watson, Bryson DeChambeau, DeChambeau, Phil Mickelson, Jeffries, Yasir Al, Cristiano Ronaldo, Saudi Arabia's, Al Organizations: PGA Tour, Saudi, LIV Players, PGA, Saudi Arabia's Public Investment Fund, Saudi Crown, CNBC, Twitter, 150th, St, AFP, Getty, LIV, Washington Post, Amnesty, Saudi Arabian Crown, Saudi Embassy, Washington D.C, Saudi Foreign Ministry, CNN, Royal, Anadolu Agency, Getty Images Investment, Rumayyan, Nassr Football Club, Al Nassr Football Locations: Saudi Arabia, North Carolina, Saudi, Scotland, Oregon, Connecticut, American, Washington ,, Washington, videoconference, Riyadh, PIF, Portuguese
The deliberate pace of progress contrasts with the blistering speed with which companies and organizations have embraced generative AI, and the flood of investment into the industry. “The Senate must deepen our expertise in this pressing topic,” Schumer wrote in a letter to colleagues announcing the briefings. Options include forming a select committee to craft a comprehensive AI bill, or “splitting out and having lots of different committees come up with different pieces of legislation,” Rounds said. Sen. Michael Bennet has introduced legislation to create a new federal agency with authority to regulate AI, for example. And on Wednesday, Sen. Josh Hawley unveiled his own framework for AI legislation that called for letting Americans sue companies for harms created by AI models.
Persons: Chuck Schumer, Schumer, , ” Schumer, South Dakota Republican Sen, Mike Rounds, Rounds, New Mexico Democratic Sen, Martin Heinrich, Indiana Republican Sen, Todd Young — haven’t, ” Rounds, Sam Altman, Sen, Michael Bennet, Josh Hawley, Organizations: Washington CNN, guardrails, South Dakota Republican, Washington, New, New Mexico Democratic, Indiana Republican, National Defense Locations: New Mexico
New York City is undoubtedly a popular destination for recent college graduates as they transition into the professional world. A bustling city home to exciting restaurants and a diverse array of people, NYC offers postgrads an exciting new home. Yet, the city ranks last on the list of best places to start a career in 2023, according to a recent study from WalletHub analyzing the best and worst places for young professionals to launch their careers. New York is not the only city with a saturated job market and an expensive cost of living, though. For recent college graduates and young professionals, here are the top five worst places to start a career in 2023, according to WalletHub.
Persons: Jill Gonzalez, Gonzalez Organizations: CNBC Locations: York City, York, , New York, New York
New warning signs emerge for China's property market
  + stars: | 2023-05-31 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +1 min
Construction on a real estate development project gets underway near the Bund in Shanghai, China, on May 25, 2023. BEIJING — New data show China's massive property sector is still struggling to turn around, despite signs of recovery earlier this year. Beijing has eased its pressure on real estate developers in the last year, following a crackdown on their debt levels in August 2020. The property sector and related industries have accounted for more than a quarter of China's economy, according to Moody's estimates. Both weeks' sales volume was lower than during the same period in 2019, prior to the pandemic, the report said.
Persons: That's, Ting Lu Organizations: Bund Locations: Shanghai, China, BEIJING, U.S, Beijing
ODESA, Ukraine — The giants catch the wind with their huge arms, helping to keep the lights on in Ukraine — newly built windmills on plains along the Black Sea. The new Tyligulska wind farm stands only a few dozen miles from Russian artillery, but Ukrainians say it has a crucial advantage over most of the country’s grid. A wind farm can be temporarily disabled by striking a transformer substation or transmission lines, but these are much easier to repair than power plants. “It is our response to Russians,” said Maksym Timchenko, the chief executive of DTEK Group, the company that built the turbines, in the southern Mykolaiv region, the first phase of what is planned as Eastern Europe’s largest wind farm. “It is the most profitable and, as we know now, most secure form of energy.”
According to a person familiar with the agreement, it also would impose new work requirements for some recipients of government aid, including food stamps and the Temporary Assistance for Needy Families program. It would place new limits on how long certain recipients of food stamps — people under the age of 54, who do not have children — could benefit from the program. The work requirements and the environmental review reforms were among the last details the two sides worked out on Saturday. Economists and Wall Street analysts warned that a default would be devastating and potentially lead to a global economic meltdown. To avert a default, the House and the Senate must pass the deal and send it to Mr. Biden for his signature.
Greece's ruling Conservatives win vote but fall short of majority
  + stars: | 2023-05-21 | by ( ) www.cnbc.com   time to read: +2 min
Greece's ruling New Democracy party stormed to a crushing victory in a parliamentary election on Sunday but fell just short of the threshold needed to form a government on its own. Greece's interior ministry projected that New Democracy could win 145 seats in parliament, six short of an absolute majority. On Monday, Greek President Katerina Sakellaropoulou will give the top three parties — New Democracy, Syriza and the Socialist PASOK — three days each in turn to form a coalition government. Prime Minister and New Democracy leader Kyriakos Mitsotakis said he believed he was given a clear mandate. Tsipras telephoned Mitsotakis to congratulate him on his win, a Syriza official said.
WASHINGTON — New York Attorney General Letitia James is leading a multistate effort to urge the Supreme Court to overturn a decision that threatens the existence of the nation's leading consumer protection agency. Attorneys general in 22 other states and the District of Columbia joined New York in an amicus brief filing to the court Tuesday in support of the Consumer Financial Protection Bureau. The brief comes a day after dozens of current and former Democratic lawmakers filed a separate amicus brief defending the agency. The Supreme Court agreed in February to hear arguments after the Biden administration appealed the U.S. 5th Circuit Court of Appeals' decision that the CFPB's funding method is unconstitutional. If the Supreme Court decides not to overturn the 5th Circuit's ruling, it could invalidate "numerous CFPB rules and other regulatory actions" and harm millions of Americans while destabilizing the consumer financial sector, the attorneys general said in a statement.
Florida legislation that was designed to hamstring Disney could end up helping the company, at least in relation to a lawsuit in state court over development at Walt Disney World near Orlando. Ron DeSantis and Disney have been sparring for more than a year over a special tax district that encompasses Disney World. The fight started when the company criticized a Florida education law labeled by opponents as “Don’t Say Gay” — angering Mr. DeSantis. A few days later, the Florida Legislature, at the request of Mr. DeSantis, passed a bill that prohibited the district from complying with the contracts. Mr. DeSantis signed it into law on May 5.
A new capital city for a place with such disparities and diversity presents both a challenge and a chance for reinvention. Moving the Seat of Power From Java to Borneo Detail area Malaysia Nusantara Borneo Java Sea Indonesia Jakarta Java Indian Ocean Detail area Malaysia Nusantara Borneo Java Sea Indonesia Jakarta Java Indian Ocean Indonesia’s new capital, Nusantara, will be about 800 miles from the current capital, Jakarta. It cannot be overnight, it’s not like Aladdin comes with his genie,” said Bambang Susantono, the head of the Nusantara Capital City Authority. We have to prove that this will be a self-propelling city.” — Bambang Susantono, head of the Nusantara Capital City AuthorityCritics of I.K.N. Indonesia’s capital city faces sinking land and rising seas.
John Williams, Chief Executive Officer of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019. The committee removed a key phrase from the statement that had indicated additional rate hikes would be appropriate. "I do not see in my baseline forecast, any reason to cut interest rates this year," he said, adding that additional rate hikes would be possible if the data doesn't cooperate. The current problems in the banking industry and their impact will factor into Williams' policy outlook, he said. "I will be particularly focused on assessing the evolution of credit conditions and their effects on the outlook for growth, employment and inflation," Williams said.
The Education Department awarded five student-loan companies new contracts, including MOHELA. "No company should be profiting from the student debt crisis, especially MOHELA with their dubious record of customer service in the past," she continued. "My office will continue our work to hold student loan servicers accountable for their harm to our communities. Ultimately, there is still much work to be done to provide student debt relief, bolster college affordability, and begin the transition to a world without student debt at all." As Bush referenced, MOHELA is responsible for the whole PSLF portfolio, which forgives student debt for government and nonprofit workers after ten years of qualifying payments.
The Education Department awarded five student-loan companies new contracts to overhaul debt repayment. The department said the contracts will deliver "major improvements" for student-loan borrowers. "This additional funding is essential to support students and student loan borrowers," the press release said. But the Republican-controlled House is unlikely to approve more funding to facilitate student-loan programs. Speaker of the House Kevin McCarthy, for example, proposed cutting spending for the Education Department to prohibit it from implementing student-loan forgiveness and creating a new income-driven repayment plan in his debt ceiling bill.
Mr. Chiu, an internationally acclaimed pianist, often performed for their guests in the large, round music room. “Now there are a lot of organizations bringing together the arts, so we don’t need to maintain a separate venue,” said Ms. Esposito, 63, a corporate innovations consultant and an artist. Mr. Chiu, 58, also spends about a week every month in Pittsburgh, where he is a professor of piano at Carnegie Mellon University. “We spent a lot of time looking at and bidding on houses that were right on or near the water,” Ms. Esposito said. “We are looking at this long term,” Ms. Esposito said.
EV fires have become a growing concern as automakers push to increase sales of electric vehicles and meet tightening emissions standards. An electric Ford F-150 Lightning caught fire on Feb. 4, 2023 due to a battery issue traced back to one of the automaker's suppliers. A bill that requires them to complete a training program about the risk of electric vehicle fires passed unanimously this year. There's also the risk of reignition: Lithium-ion battery fires can re-engage weeks later with little to no warning. An electric Ford F-150 Lightning caught fire on Feb. 4, 2023 due to a battery issue traced back to one of the automaker's suppliers.
The Environmental Protection Agency on Friday said it's granting California the legal authority to require that half of all heavy-duty truck sales in the state be fully electric by 2035, an ambitious standard that will go beyond federal requirements. The Biden administration's approval of California's Advanced Clean Trucks (ACT) Regulation comes after the state last year banned the sale of new gasoline-powered cars starting in the same target year of 2035. The California Air Resources Board had sought waivers from the Clean Air Act to set stricter standards for heavy-duty vehicles such as garbage trucks, delivery vans and tractor-trailers. The approval of the new rule will likely have greater impacts beyond California and pave the way for other states to follow suit. California, which has committed to achieving 100% renewable energy by 2045, has considerable authority over the country's auto industry.
DeSantis pledged Florida wouldn't be involved in an extradition to New York, given that Trump lives in Palm Beach. Ron DeSantis of Florida pledged Thursday that state officials would not help extradite former President Donald Trump from Florida to New York in a charged political attack on the prosecutor, following the first-ever indictment of a former president. The Florida extradition statute describes two ways of extraditing people from Florida to another state where they face criminal charges. The governor's only role is making sure the demand meets all the legal requirements before ordering the extradition, legal experts told Insider. He could also delegate and let another member of the Florida executive branch sign off on Hochul's extradition demand.
Micron Technology — The semiconductor manufacturer added 5.3% after management said it was planning a bigger headcount reduction than previously expected. Carnival — Shares gained 3.6% after being upgraded by Susquehanna to positive from neutral. The move comes a day after the stock gained 6.1% following an upgrade by Wells Fargo to equal weight from underweight. Urban Outfitters , Burlington Stores , Foot Locker , Ross Stores — Shares of major retailers declined Wednesday after UBS downgraded the group to sell from neutral. Petco — Shares of the pet health and wellness company gained 5% after CEO & Chairman Ron Coughlin disclosed a 61,000 share purchase.
Check out the companies making the biggest moves midday:First Republic — Shares tanked nearly 30% after Standard & Poor's cut First Republic's credit rating to B+ from BB+. S&P first lowered the bank's rating to junk status just last week. UBS , Credit Suisse — U.S.-listed shares of Credit Suisse tanked 50.5% after UBS agreed to buy Credit Suisse for 3 billion Swiss francs, or $3.2 billion. UBS shares gained 4.7%. Exelixis — The stock gained 3.9% after the biotech company announced a $550 million share repurchase program to run through the end of 2023.
Lebeau-Chorn and Jenkins are just two victims of an unprecedented surge in car thefts that has swept across US cities in the past two years. The situation has become so critical that two major auto-insurance companies, State Farm and Progressive, have stopped insuring vulnerable Kia and Hyundai models. Safety shortcutsThe TikTok video that sparked the challenge — a how-to reportedly created by user @robbierayyy — exposed a security flaw in Kia models from 2011 to 2021 and Hyundai models from 2015 to 2021. All Kia vehicles are subject to and comply fully with rigorous testing rules and regulations outlined in the Federal Motor Vehicle Safety Standards." In Illinois last month, three 13-year-olds were arrested after being seen in a stolen Kia that hit and killed a 71-year-old man.
Vornado says it owns 20 million square feet of office space plus 2.6 million square feet of street retail space in Manhattan alone, 3.7 million square feet at The Mart in Chicago and a controlling stake in almost 2 million square feet of office in San Francisco. But in the New York metropolitan area last week, the rate fell to 46.7% from 47.8% the week before, Kastle said. In San Francisco, the rate was even lower last week, at 43.9%, while in Chicago it was 49.4%. Maybe that's why Deutsche Bank analyst Derek Johnston ranked office REITs last out of eight REIT industry groups in a monthly review released on Tuesday. In January, subsector year-over-year cap rates climbed the most for office owners, he said, up 80 basis points, or 8/10ths of a percentage point.
There's a $1 trillion market opportunity for electric flying vehicles, and one player in particular — Eve — is positioned to take flight, according to JPMorgan. The company, which designs and produces electric vertical takeoff and landing vehicles (eVTOLs), has superior expertise since it was founded by Brazil-based jets manufacturer Embraer , analyst Marcelo Motta said in a note Wednesday. In September, United announced it agreed to buy 200 electric air taxis from the company and has options to purchase 200 more. Its total addressable market for passenger transportation could potentially reach $1 trillion by 2040 and would jump to $3 trillion when including cargo and military operations. That potential size exceeds the helicopter market of $35 billion a year and would have lower noise emission, lower operational costs and safety benefits, Motta said.
Ukraine has placed advanced Western fighter jets at the top of its military hardware wishlist. He said the way some Western countries approach giving Ukraine weapons needs to be altered, saying there's "certain psychological taboos and I think we need to revise this negative approach." RADOSLAW JOZWIAK/AFP via Getty ImagesAmong the countries that initially rejected the idea of sending fighter jets to Ukraine are the US and UK. On Wednesday, the British government said it would offer to train Ukrainian pilots to fly "sophisticated" NATO-standard fighter jets in the future. The Wall Street Journal reported on Wednesday that the UK was considering the provision of fighter jets.
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