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☆ University early decision applications mostly benefit rich kids
▼ + stars: | 2023-10-22 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +6 min

For them, applying early decision is a risk. According to the latest data from the University of Pennsylvania, the acceptance rate for students applying early decision was 16% for the 2022-23 academic year. “Typically, we admit about half of the incoming class through the early decision admissions plan,” said a University of Pennsylvania spokesperson. That same Duke survey found that nearly half of early decision applicants identified as White. He said he considered applying early decision to Cornell University, but ultimately decided against it.

Persons: ”, “ It’s, Marcella Bombardieri, it’s, Rachel Rubin, “, Duke, Rubin, Sai Mandhan, Mandhan, It’s, he’s, ‘, Cornell … Organizations: CNN, Harvard, Ivy League, University of Pennsylvania, Center for American Progress, Duke University, Students, Georgetown University’s, Court, Yale, Notre Dame, Stanford, Yale University, Cornell University, Cornell, University of Maryland Locations: Maryland

WASHINGTON, Oct 20 (Reuters) - The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are among the top concerns of respondents to a Federal Reserve survey on financial stability, the U.S. central bank said on Friday. The latest version of the central bank's semiannual report found that three-quarters of survey respondents cited those two issues as prominent near-term risks. Concerns over bank stability following the failure of three large firms this spring were cited by roughly half, similar to levels seen in the May version of the report. Reporting by Pete Schroeder; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Pete Schroeder, Leslie Adler Organizations: Federal, Thomson Locations: U.S

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo Acquire Licensing RightsWASHINGTON, Oct 20 (Reuters) - A trio of U.S. banking regulators announced on Friday they were giving the public extra time to digest and provide feedback on a broad proposal to raise bank capital requirements that is already facing fierce industry pushback. The regulators are similarly extending the window for a separate proposal that would raise a capital surcharge for the largest global banks. Firms have warned the proposal if finalized could force them to curtail lending, curb product offerings, and lead to economic harm. The "Basel Endgame" proposal implements international capital standards agreed by the Basel Committee on Banking Supervision in the aftermath of the 2007-2009 financial crisis.

Persons: Rick Wilking, Banks, Pete Schroeder, Andrea Ricci Organizations: REUTERS, Rights, Federal Reserve, Federal Deposit Insurance Corporation, Currency, Regulators, Banking, Fed, Thomson Locations: Westminster , Colorado

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Reuters reported in June that the very AI chips barred by prior regulations could be purchased from vendors in China's Shenzhen. AI capabilities, aided by supercomputing and advanced chips, improve the speed and accuracy of military decision-making, planning and logistics, according to the regulations released Tuesday. LICENSING EXPANDEDThe new measures also expand licensing requirements for exports of advanced chips to more than 40 additional countries that present risks of diversion to China and are subject to U.S. arms embargoes. "We don’t think incremental semiconductor equipment restrictions are likely to have significant long term effects" on equipment suppliers, Wolfe Research said in a client note.

Persons: Florence Lo, Biden, Moore, Gina Raimondo, Biren, ASML, Lam, Raimondo, Jake Sullivan, Janet Yellen, Alexandra Alper, Karen Freifeld, Stephen Nellis, David Shepardson, Max A, Chris Sanders, Jamie Freed, Daniel Wallis Organizations: REUTERS, Rights, Nvidia, Beijing, Commerce, Reuters, Georgetown University's Center for Security, Emerging Technology, Xilinx, Intel, supercomputing, HIT, AMD, U.S, Lam, Applied Materials, Wolfe Research, Semiconductor Industry Association, Thomson Locations: China, U.S, Iran, Russia, Beijing, China's Shenzhen, Georgetown, CHINA, Macau, Netherlands

Political Cartoons View All 1211 Images“Until we get more Black women into clinical trials, we can’t change the science. Black women are 40% more likely to die from breast cancer than white women and tend to be diagnosed younger. As recruiting continues, enrolling Black women and other women of color will “absolutely” continue as a priority, Pisano said. At the U.S. study sites, 21% of study participants are Black women — that's higher than a typical cancer treatment study, in which 9% of participants are Black, McCaskill-Stevens said. Her sister recently completed treatment for triple negative breast cancer, an aggressive type that affects Black women at higher rates than white women.

Persons: —, Carole Stovall, ” Stovall, ”, Ricki Fairley, Worta McCaskill, Stevens, McCaskill, there’s, Etta Pisano, Pisano, Cherie Kuzmiak, Stovall, Lucile Adams, Campbell, “, ” Pisano Organizations: Washington , D.C, National Cancer Institute, NCI, University of North, UNC, D.C, Georgetown University, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Washington ,, Canada, South Korea, Peru, Argentina, Italy, U.S, Thailand, University of North Carolina, North Carolina, Washington

☆ An American Puzzle: Fitting Race in a Box
▼ + stars: | 2023-10-16 | by ( K.K. Rebecca Lai | Jennifer Medina | ) www.nytimes.com time to read: +18 min

1790 1850 1890 1950An American Puzzle: Fitting Race in a Box Census categories for race and ethnicity have shaped how the nation sees itself. Ever since the census began measuring the U.S. population, race has been central to the counting. Closer look at one of the pages from the 1790 census, with the race categories circled in red. Historically, some edits to census race boxes reflected changes in policy or public sentiment. 1790 census All other free persons Free white males Free white females Slaves All other free persons Free white females Free white males Slaves All other free persons Free white males Free white females Slaves Source: 1790 United States Federal Census: New YorkThe census counted each enslaved worker as three-fifths of a person, reflecting a compromise that granted enslavers more political representation.

Persons: —, Biden, ”, Roberto Ramirez, Mark X, Barack Obama, Naomi Mezey, enslavers, “, Ms, Mezey, Jeffrey S, Evan Shepard Organizations: U.S, Community, U.S . Census, Georgetown University, United, . Census, Census Bureau, Pacific Islanders, Puerto Ricans, Geographic, Pew Research Center, Latinos, Saudi Arabian, Biden administration’s, Management, Budget, Advocacy Foundation Locations: United States, America, China, Puerto Rican, U.S, Spanish, Kansas, Kenya, York, American, “, Alaska, Massachusetts, Japan, Korea, Asia, Hawaii, Mexico, Panama, Chile, Mexican, Southwest, Puerto, Northeast, Florida, Eastern, Algerian, Kurdish, Kuwaiti, Lebanese, Moroccan, North, Palestinian, Saudi, Somali, Sudanese, Syrian

Oct 15 (Reuters) - Actor Suzanne Somers, best known for her role on the television show "Three's Company" and for fitness and health business ventures, died Sunday at age 76, according to a statement from her spokesperson. "Suzanne Somers passed away peacefully at home in the early morning hours of October 15th,” Somers's spokesperson, R. Couri Hay, said in a statement. “Suzanne was surrounded by her loving husband, Alan, her son Bruce, and her immediate family,” the statement continued. Beyond appearances in television and movies, Somers was also known for writing numerous books, mainly focused on health and nutrition, as well as pitching fitness products like the Thighmaster. Reporting by Pete Schroeder; editing by Diane Craft and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Suzanne Somers, ”, Couri Hay, “ Suzanne, Alan, Bruce, “, Somers, Chrissy Snow, Pete Schroeder, Diane Craft, Gerry Doyle Organizations: New York Times, Thomson Locations: Palm Springs, Calif, Somers

It is a problem that five U.S. state and federal judges are wrestling with as Trump faces four upcoming criminal trials and a civil fraud case. New York state Justice Arthur Engoron already has faced off with Trump on the issue. Trump has cast doubt on Chutkan's ability to give him a fair trial and called her "highly partisan." Ahead of his civil fraud trial, Trump, without providing evidence, accused the U.S. Justice Department of coordinating with New York state Attorney General Letitia James to damage his presidential campaign. One notable exception to Trump's criticism is the judge presiding over the classified documents criminal case in Florida.

Persons: Donald Trump, Letitia James, Mike Segar, Donald Trump's, Jack Smith, Tanya Chutkan, Trump, Joe Biden, Arthur Engoron, Engoron, We've, Michael Frisch, Attorney Alvin Bragg, Smith, James, Smith's, Lawrence Stengel, Stengel, I'm, Aileen Cannon, Cannon, Chutkan, Rebecca Roiphe, Andrew Goudsward, Jack Queen, Will Dunham, Scott Malone Organizations: U.S, Trump Organization, REUTERS, Rights, Trump, Republican, Democratic, Georgetown University, U.S . Justice Department, New, Manhattan, Attorney, Capitol, Fox News, New York University, Thomson Locations: Manhattan, New York City, U.S, New York, Pennsylvania, Florida . U.S

China's Ministry of Commerce has previously accused the U.S. of abusing export controls and called for it to "stop its unreasonable suppression of Chinese companies." Washington has been working to close other loopholes that allow the AI chips into China. In August, it told Nvidia and AMD to restrict shipments of the AI chips beyond China to other regions, including some countries in the Middle East. Sources said the new rules on AI chips expected this month will likely apply those same restrictions more broadly to all companies in the market. But sources say the Biden administration is grappling with that issue as well.

Persons: Florence Lo, Biden, Greg Allen, Hanna Dohmen, George, CSET, Timothy Fist, Alexandra Alper, Karen Freifeld, Chris Sanders, Anna Driver Organizations: REUTERS, United, Reuters, Center for Strategic, International Studies, Commerce Department, Embassy, China's Ministry of Commerce, U.S, Georgetown University's Center for Security, Emerging Technology, International Affairs, George Washington University’s School of International Affairs, Nvidia, Xilinx, Intel, AMD, Amazon Web Services, Washington, New, New American Security, Thomson Locations: United States, Beijing, China, U.S, Shenzhen . Washington, Singapore, Washington, Georgetown, Microsemi . Washington, New American

A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange, October 16, 2012. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsWASHINGTON, Oct 13 (Reuters) - Big bank executives warned a number of products and services could become uneconomical if new proposed bank capital hikes are adopted as written, but said they were hopeful they could win some changes. Citi Chief Financial Officer Mark Mason said the proposal would lead to a 16% to 20% increase in the bank's capital. The bank is reviewing products and operations, he said, highlighting equity investments, which will also be deemed much riskier under the rules. Citi is also reviewing credit products and where they may need to reprice those, and whether they need to restructure any of their markets positions.

Persons: Brendan McDermid, Jeremy Barnum, Barnum, Michael Barr, Banks, Mark Mason, Mason, Wells, Michael Santomassimo, Santomassimo, Tatiana Bautzer Organizations: Citi, Citigroup, New York Stock Exchange, REUTERS, Rights, Big, JPMorgan, . Federal, Basel III, Thomson Locations: Wells Fargo, Basel

☆ America’s Short-Lived Show of Unity
▼ + stars: | 2023-10-13 | by ( Susan Milligan | ) www.usnews.com time to read: +8 min

Then America's deep political divisions surfaced with a vengeance, with politicians blaming political foes for the crisis, and others turning the terrorist attack into a judgment of Israel, its government, Jews in general and the plight of the Palestinian people. Later, Trump extended his jabs at U.S. ally Israel, saying in a campaign speech that the country's defense minister was "a jerk." Trump also said Hezbollah, another designated terrorist group in Lebanon is "very smart," angering U.S. and Israeli officials alike. Some progressives are pushing back at fellow members of the Democratic Socialists of America, who have been holding pro-Palestinian rallies just days after the Hamas attack. "Some are using really over-the-top rhetoric to try to score political points against the Biden administration.

Persons: Israel, Joe Biden, Ukraine –, Bill Ackman, Strawn –, ”, Rashida, Steve Scalise, Summer Lee, Scalise –, Brett Bruen, Barack Obama, unfroze, Qatar –, –, Biden, it's, Sen, Tim Scott, Nikki Haley, Donald Trump, Trump, John Kirby, Shlomo Karhi, Tlaib, Jack Bergman, Alexandria Ocasio, Shri Thanedar, American University professor Jordan Tama, Tama Organizations: Harvard, Winston, Defamation League, Democratic, Republican Rep, GOP, Republican, Israel, Georgetown University, Biden, White, United, South Carolina Republican, Security, Tlaib, Democratic Socialists of America, Cortez , New York Democrat, Times, American University professor Jordan, . Foreign, Cooperation Locations: Israel, Afghanistan, Ukraine, Michigan, Pennsylvania, Iran, Qatar, United States, Russia, China, U.S, New Hampshire, Lebanon, Alexandria, Cortez , New York

While a Hamas spokesman told the BBC that Iran did assist in the attack, officials in Tehran have denied responsibility while praising the outcome. "If you had a large end-of-year bonus payment coming your way, might you start spending more money in the meantime? “This money belongs to the Iranian people, the Iranian government, so the Islamic Republic of Iran will decide what to do with this money,” Iranian President Ebrahim Raisi told NBC News. While the Biden administration renewed talks with Iran to reenter the pact, the discussions have led nowhere and U.S. negotiators publicly walked away. Though not believed to be directly connected, some analysts have speculated that the Biden administration move to free up the $6 billion could have been an incentive to continue talking even as Tehran slowed the pace of development of a nuclear weapon.

Persons: Trump, State Anthony Blinken, Benjamin Netanyahu, Richard Goldberg, Matthew Kroenig, Joe Biden, Nikki Haley, Ebrahim Raisi, ”, Biden, Adrienne Watson, Aaron David Miller, Obama, –, Donald Trump Organizations: White, Hamas, Biden, BBC, Treasury Department, “, ”, State, Israeli, Foundation for Defense of Democracies, Wall, Georgetown University, GOP, NBC News, Former State Department, –, Trump, U.S Locations: Israel, Iran, Tehran, South Korea, Qatar, Tel Aviv, Gaza, Islamic Republic of Iran, Washington, U.S

After the Palestinian militant group Hamas' weekend attack on Israel, Israel has bombarded and laid siege to the Gaza Strip, controlled by Hamas, and plans a ground invasion. There have been reports of harassment and assaults of both pro-Israel and pro-Palestinian students, deepening grief and putting students of all political stripes on high alert. In a sign of the tensions, some counter-protesters at Columbia shouted angrily at the pro-Palestinian group. Many faulted the university for not expressing more support for Palestinian students and the people of Gaza. Tensions sparked anew at campuses on Thursday as the national group Students for Justice in Palestine (SJP) declared a "day of resistance," with demonstrations by its 200 chapters at colleges across North America.

Persons: tensely, Israel, David Hidary, SJP, Gabriella Borter, Joseph Ax, Andrew Hay, Paul Thomasch, Cynthia Osterman Organizations: Columbia University, Israel, New, Hamas, Kan, Columbia, Palestine, Palestinian, REUTERS, Harvard University, Harvard Crimson, Students for Justice, Defamation League, Justice, University of Arizona, University of California Los, Georgetown University, Washington , D.C, Thomson Locations: New York City, Israel, Gaza, U.S, Palestine, North America, Hamas, Tucson, University of California Los Angeles, Washington ,, Washington, New York, Taos , New Mexico

About 100 feet (30 meters) away, students backing Israel silently held up posters with the faces of Israeli hostages taken by Hamas. After the Palestinian militant group Hamas' weekend attack on Israel, Israel has bombarded and laid siege to the Gaza Strip, controlled by Hamas, and plans a ground invasion. Many faulted the university for not expressing more support for Palestinian students and the people of Gaza. Prominent alumni lambasted a joint student group statement calling Israel "entirely responsible" for the war. Tensions sparked anew at campuses on Thursday as the national group Students for Justice in Palestine (SJP) declared a "day of resistance," with demonstrations by its 200 chapters at colleges across North America.

Persons: tensely, Israel, David Hidary, SJP, Gabriella Borter, Joseph Ax, Andrew Hay, Paul Thomasch, Cynthia Osterman Organizations: University of Arizona, Students for Justice, Columbia University, Israel, New, Hamas, Kan, Columbia, Palestine, Palestinian, REUTERS, Harvard University, Harvard Crimson, Defamation League, Justice, University of California Los, Georgetown University, Washington , D.C, Thomson Locations: Palestine, New York City, Israel, Gaza, U.S, North America, Hamas, Tucson, University of California Los Angeles, Washington ,, Washington, New York, Taos , New Mexico

☆ Chaos in House GOP intensifies with Scalise’s speakership bid in peril
▼ + stars: | 2023-10-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

GOP lawmakers did select Steve Scalise as their nominee for the job that is second in the line of presidential succession on Wednesday. The worsening debacle in the House follows the ouster of former Speaker Kevin McCarthy last week by eight Republicans voting with Democrats. But some GOP leaders are irritated that the jockeying is distracting from the imperative to find a speaker. He was still well short of the 217 votes – a majority of the current House – needed to claim the speakership on the floor. “He has no path to 217,” one top House Republican said on condition of anonymity.

Persons: Steve Scalise, Scalise, CNN’s Manu Raju, Melanie Zanona, Steve, ”, Jim Jordan, Kevin McCarthy, McCarthy, Tom Emmer, Kevin Hern, Byron Donalds of, ” Scalise, –, grandstanding, Donald Trump, Michael McCaul, CNN’s Wolf Blitzer, “, Xi, Putin, Matt Gaetz, – it’s, holdouts, Joe Biden, Marjorie Taylor Greene –, Trump, Jordan, Scalise –, ” Greene, Nancy Mace, David Duke, Mace, CNN’s Jake Tapper, Lauren Boebert, ” Boebert, …, Mike Lawler, Laura Blessing Organizations: CNN, The House Republican Party, Louisiana Republican, Republican, GOP, Ohio Republican, Texas, Foreign Affairs, Georgia, ” South Carolina Rep, Scalise, Ku Klux, ”, Republicans, New York Rep, Senate, Georgetown University’s Government Affairs Institute Locations: Wednesday’s, Washington, –, Minnesota, Oklahoma, Byron Donalds of Florida, Jordan, Israel, Florida, ”, Colorado

Rep. Ruben Gallego is running for the Democratic nomination, setting up a potential three-way race if Sinema runs as an independent. But polling shows that Sinema and Gallego would not simply divide the Democratic vote, handing the race to GOP firebrand Lake. But if former Democrat Sinema runs as an independent, Gallego still prevails in the poll, getting 41% of the vote. In a three-way race, Gallego is ahead in Noble's polling, with 34% support, compared to 26% for Sinema and 25% for Lake. But once Kennedy said he was running as an independent, Republicans rushed to separate themselves from him.

Persons: Republican Kari Lake, Sen, Kyrsten Sinema, Ruben Gallego, Sinema, Gallego, Lake, Donald Trump –, Democrat Sinema, Mike Noble, Joe, Biden, Fred Solop, Solop, Katie Hobbs, hasn't, Trump, Robert F, Kennedy, Jr, –, “, Hillary, won’t, Ronna McDaniel, he's, Hans Noel Organizations: Republican Party, Republican, U.S, Senate, Rep, Democratic, U.S . Senate, GOP, Democrat, Northern Arizona University, Trump, Democratic Gov, Lake, Quinnipiac University, –, Republicans, RFK Jr, Green, Deal, Keystone Pipeline, Republican National Committee, Georgetown University Locations: Arizona, Arizona's

☆ Israel vowed to blaze through Gaza and destroy Hamas — a task it may find impossible
▼ + stars: | 2023-10-11 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Israeli Prime Minister Benjamin Netanyahu has pledged to destroy Hamas. AdvertisementAdvertisementIn the wake of the devastating terror attacks by militant group Hamas in Israel, the country's prime minister, Benjamin Netanyahu, vowed to destroy the group. And even if Israel succeeds in its assault, it is unlikely to completely destroy Hamas. Hamas could use the hostages as human shields, placing them at military and other sites likely to be targeted by the Israeli military. According to a 2017 study by RAND, Israel has sought to contain Hamas, but not outright destroy it.

Persons: Benjamin Netanyahu, —, Netanyahu, Israel, Insider's Jake Epstein, Tobias Borck, It's, Israel didn't, Michael Eisenstadt, Daniel Byman, Vohra Organizations: Service, Hamas, Royal United Services Institute, NBC, RAND, Israel, Military and Security, Washington Institute for Near East, Georgetown University, Foreign Locations: Gaza, Israel, London, Hamas

[1/4] The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. The IMF adjusted this year's stress test to probe the impact of its baseline economic scenario of higher interest rates for longer, as well as the possibility of consumers yanking deposits. "Under the baseline, it's about 5% of banks that are relatively weak in terms of their capital. And in severe stress, that number goes up to 30% or sometimes higher," Adrian said. The IMF did not identify the banks that could be in trouble if those economic circumstances arose, but they included both small and large lenders.

Persons: Yuri Gripas, Tobias Adrian, Adrian, There's, Pete Schroeder, Michelle Price, Paul Simao Organizations: Monetary Fund, REUTERS, Rights, International Monetary Fund, IMF, Valley Bank, Switzerland's Credit Suisse Group, Monetary, Capital Markets Department, Palestinian, World Bank, U.S, Thomson Locations: Washington , U.S, California, Israel, Gaza, Marrakech, Morocco, Italy, Federal, U.S

During the coronavirus pandemic, states were prohibited from removing people from Medicaid in exchange for receiving enhanced federal funding. States have 14 months to finish their backlog of eligibility reviews, according to guidelines from the federal Centers for Medicare and Medicaid Services. Like in most states, many of those who lost Medicaid coverage in Arkansas were removed for procedural reasons, such as not returning renewal forms needed to verify their eligibility. People removed from Medicaid can regain coverage retroactively if they provide information proving their eligibility within 90 days. Arkansas' percentage decline in children covered by Medicaid ranks among the largest in the nation, Alker said.

Persons: ”, Joan Alker, Kristi Putnam, ” Putnam, Sarah Huckabee Sanders ’, Grant Tennille, “ It’s, ” Tennille, Tippi McCullough, ” McCullough, Joe Biden's, Alker, ___ Lieb Organizations: Republican, Georgetown University Center for Children, Medicare, Services, Arkansas Department of Human, Republican Gov, Arkansas Democratic, Medicaid, District of Columbia, Arkansas Locations: Arkansas, Jefferson City , Missouri

REUTERS/Kevin Lamarque/ Acquire Licensing RightsWASHINGTON, Oct 9 (Reuters) - The U.S. Federal Reserve's top regulatory official defended a sweeping proposal to overhaul bank capital rules before the country's largest bank lobby on Monday, arguing the benefits of a bigger cushion outweigh any additional costs banks might face. The proposal implements international capital standards agreed by the Basel Committee on Banking Supervision in the aftermath of the 2007-2009 financial crisis. Barr's Monday speech, which is his first on bank regulation since the proposal came out, served as a broad-based defense of the effort. "The private costs of capital must be weighed against the social benefits of higher capital in creating a healthier, more resilient financial system," he said, according to prepared remarks. Barr also pushed back against the industry's refrain that higher capital costs for banks will mean curtailed lending and potential economic harm.

Persons: Michael Barr, Kevin Lamarque, Michael Barr's, Barr, Jerome Powell, Powell, Isaac Boltansky, Pete Schroeder, Michelle Price, Josie Kao, Andrea Ricci Organizations: Financial, Valley Bank, Signature Bank, Capitol, REUTERS, Rights, U.S, Federal, Banking, Silicon Valley Bank, Thomson Locations: Washington , U.S, Silicon

Military promotions, including for the chief of naval operations, have been held up by a single senator because of abortion policy. "It could make our response significantly less effective" and imperil aid to both Israel and Ukraine. That followed the sending of a U.S. aircraft carrier strike group and military aircraft closer to Israel as a show of support. The United States is also supplying Israel with munitions and other military supplies, Defense Secretary Lloyd Austin said. "This kind of situation is what many were worrying about, with all the holds on nominations and military promotions.

Persons: Joe Biden's, Israel, Sen, Jack Reed, Israel –, Reed, Laura Blumenfeld, Blumenfeld, Biden, Benjamin Netanyahu, “, Lloyd Austin, Jonathan Lewallen, –, Donald Moynihan, Moynihan, Rand Paul, J.D, Vance, Tommy Tuberville, Tuberville's, Chuck Schumer, …, Gerry Connolly, Lewallen Organizations: Rhode Island, Armed Services Committee, United States Central Command, GOP, Johns Hopkins School, International Studies, State, Palestinian, U.S, Hamas, Defense, University, Tampa, Georgetown University, Senate, Kentucky Republican, Ohio Republican, Alabama Republican, Military, White, New, New York Democrat, Joint Chiefs of Staff, Army, Marine Corps, Virginia Democrat, House Foreign Affairs, MSNBC Locations: Israel, Kuwait, Oman, Lebanon, Egypt, U.S, Palestinian, Ukraine, United States, France, Germany, Great Britain, Kentucky, China, Ohio, Alabama, New York, Virginia

☆ The bad math behind Harvard's refusal to do away with legacy admissions
▼ + stars: | 2023-10-09 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +14 min

By clinging to legacy admissions, colleges are not only undermining claims of advancing equality but may be shooting themselves in the financial foot. 'A weak and sad excuse'The legacy preference has always been a dance of public intentions and private subtext. While the rationales for preserving legacy admissions have evolved, the propensity to obfuscate them hasn't. Harvard's massive $50 billion endowment makes it pretty clear: the school doesn't need to keep legacy admissions anymore. When Wesleyan announced it was dropping legacy admissions Roth was adamant that it was the right move.

Persons: James Murphy, —, Richard Kahlenberg, Christopher Eisgruber, Ethan Poskanzer, Radcliffe, gosh, James Hankins, Murphy, Brooks Kraft, Amherst, Biddy Martin, Gabrielle Starr, Michael Roth, Wesleyan alums, Brown, MIT's Emilio Castilla, Kahlenberg, Harvard, Roth Organizations: US Supreme, Harvard, Department of Education, Georgetown University, Princeton University's, Washington Post, University of Colorado, Wall, Princeton, Getty, MIT, University of Texas, The Century Foundation, Pomona College, CNN, Research, Council, Advancement, Wesleyan College, Wesleyan, Ivy League, Stanford, Duke, University of Chicago, Poskanzer, University of North, Carnegie Mellon, Occidental College Locations: Boulder, University of North Carolina, America

☆ Kevin McCarthy’s Ouster Was a Sellout for Nothing
▼ + stars: | 2023-10-05 | by ( Daniel Henninger | ) www.wsj.com time to read: 1 min

Daniel Henninger's weekly column, “Wonder Land,” appears in The Wall Street Journal each Thursday. Mr. Henninger was a finalist for a Pulitzer Prize in editorial writing in 1987 and 1996, and shared in the Journal's Pulitzer Prize in 2002 for the paper's coverage of the attacks on September 11. In 2004, he won the Eric Breindel Journalism Award for his weekly column. He has won the Gerald Loeb Award for commentary, the Scripps Howard Foundation's Walker Stone Award for editorial writing and the American Society of Newspaper Editors' Distinguished Writing Award for editorial writing. He is a weekly panelist on the "Journal Editorial Report" on Fox News.

Persons: Daniel Henninger's, ”, Henninger, Eric Breindel, Gerald Loeb, Scripps Howard Foundation's Walker Organizations: Scripps, American Society of Newspaper, Fox News, Georgetown University’s School of Foreign Service Locations: Cleveland

They can also rile up Trump's own party, which then incorporates the former president's vendettas and impulses into its own agenda. Though most in his party have stayed quiet, Trump's comments about Milley horrified some Republicans. On the debate stage last week, Trump’s rivals for the GOP nomination didn't address the former president's more incendiary rhetoric. Democrats, including Biden, have warned that Trump and supporters in his Make America Great Again movement are a threat to American democracy. At last week's California Republican Party convention in a hotel ballroom in Anaheim, Trump’s rhetoric reached yet another level.

Persons: Donald Trump, Joe Biden, lowlifes, ”, Trump, Vladimir Putin, Kim Jong, Ruth Ben, ” Ben, Ghiat, Rodrigo Duterte, Trump's, Jack Smith, Mark Milley, Milley, “, ” Milley, Mike Pence, John Kelly, Kelly, ” Trump, Steven Cheung, Biden, ” Alex Conant, Ron DeSantis, Conant, Paul Pelosi, Nancy Pelosi, San Francisco — how’s, Jonathan J, Cooper, Michael R Organizations: Republican, Democratic, White, NBC, New, North, New York University, Trump, U.S, Capitol, Federal Bureau of Investigation, Republicans, GOP, Joint Chiefs of Staff, Washington's Georgetown University, The Associated Press, White House, CNN, Marine Corps, Florida Gov, California Republican Party, Associated Press Locations: United States, New York, Philippines, Mexico, U.S, China, Florida, ”, California, Anaheim, San Francisco, Anaheim , California

☆ Africa’s first carbon-removal plant stokes questions about responsible climate solutions
▼ + stars: | 2023-10-05 | by ( Nidhi Sharma | ) www.cnbc.com time to read: +6 min

Others say that direct air capture is a necessary part of a diverse effort to limit global warming. Carbon removal companies such as Climeworks create carbon credits corresponding to units of carbon dioxide captured by their plants — these credits can be purchased by companies to offset their carbon emissions. Some say investing in direct air capture technology is pointless. "If it's being used for direct air capture, it's not being used for something else. Many global climate leaders agree.

Persons: Bilha Ndirangu, watchdogs, Ugbaad Kosar, that's, Jonathan Foley, Ndirangu, Carlijn Nouwen, Nouwen, Olúfẹ́mi, Táíwò, That's, Mark Jacobson, it's, Julie Gosalvez, Climeworks, Gosalvez Organizations: Deutsches Museum, United Nations, Africa Climate Summit, Georgetown University, Stanford University Locations: Munich, Kenya, Swiss, Climeworks, Carbon, Africa, Nairobi, Saharan Africa, Tanzania, Ethiopia

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