DIRS.INFO The most relevant business & tech news

All 16 are facing eight criminal charges, including forgery and conspiracy to commit election forgery, that were first announced in July by state Attorney General Dana Nessel. Michigan is one of seven states where false Electoral College certificates were submitted declaring Trump the winner, despite confirmed results showing he had lost. On Sept. 18, Nessel, a Democrat, told a liberal group during a virtual event that the false electors had been “brainwashed” and “genuinely” believed Trump won in Michigan’. George MacAvoy Brown, an attorney for Henry, said in a statement that the charges require proof that Henry “intended to cheat or deceive someone” and that Nessel's comments show that wasn't the case. Henry and several others, including Maddock and Kathy Berden, Michigan’s Republican national committeewoman, are scheduled to appear for a preliminary examination hearing on Oct. 12.

Persons: Donald Trump, Dana Nessel, Michigan’s “, Joe Biden, Trump, ”, ” Nessel, Nessel, Ann Henry, George MacAvoy Brown, Henry, Henry “, Danny Wimmer, Nick Somberg, Meshawn Maddock, Amy Facchinello, Maddock, Kathy Berden Organizations: Michigan Republicans, GOP, The Detroit News, Democratic, Michigan GOP, Associated Press, AP, Republican Locations: LANSING, Mich, . Michigan, Michigan, Ingham County, ”

☆ Childcare is getting even more expensive as providers battle landlords and zoning regulations at a time when federal funding is running out
▼ + stars: | 2023-09-26 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

Home-based childcare providers are particularly vulnerable. AdvertisementAdvertisementChildcare costs are soaring, particularly in major US cities — and zoning regulations are making it worse. The financial situation for providers is about to get worse as the nation nears the end of federal pandemic relief funding for childcare providers, which is predicted to disrupt care for 3 million children. AdvertisementAdvertisementLandlords often discriminate against renters wanting to open a childcare centerAnother insidious problem is landlord discrimination against childcare providers. The Washington, DC, city council recently passed a bill that would ban discrimination against home-based childcare providers by condo associations.

Persons: —, they're, Charles Gardner, Laurie Furstenfeld, Furstenfeld Organizations: Service, George Mason University, Care Law Locations: California, Berkeley , California, . Oregon , Oklahoma , Colorado , Connecticut, Montana, The Washington, DC

☆ UAW strike: There are no winners and losers in labor negotiations, professor says
▼ + stars: | 2023-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUAW strike: There are no winners and losers in labor negotiations, professor saysThomas Kochan, post-tenure George Maverick Bunker professor at the MIT Sloan School of Management, discusses the United Auto Workers strike and says "we need to find a settlement that works for both parties, and works for the consumers, and works for the national economy."

Persons: Thomas Kochan, George Maverick Organizations: UAW, MIT Sloan School of Management, United Auto Workers

☆ Counting the cost of contagion fears from Africa coups
▼ + stars: | 2023-09-21 | by ( Libgeorge Marc Jones | Marc Jones | ) www.reuters.com time to read: +5 min

Gabon coup leader General Brice Oligui Nguema is sworn in as interim president during his swearing-in ceremony, in Libreville, Gabon, September 4, 2023. The putsch not only sent Gabon's bonds tumbling 10%, but also hit those issued by a number of other countries including neighbouring Cameroon, as jittery investors scanned for who might be next. The apparent coup trend is adding to other major concerns deterring many investors from Africa - a wave of debt crises, tense geopolitics and an extreme vulnerability to climate change. "Nearly all markets in that region are paying some price in terms of rising cost of debt," said Sergey Dergachev, portfolio manager at Union Investment. There have been scores of coups and attempted coups in recent decades including in Thailand, Ecuador, Egypt and Turkey.

Persons: General Brice Oligui Nguema, Stringer, Sergey Dergachev, Paul Biya, Macky Sall, Denis Sassou Nguesso, Eamon Aghdasi, Fitch, Moody's, Thailand's, Ravi Bhatia, Bongo, Simon Quijano, Evans, Libby George, Marc Jones, Karin Strohecker, Emelia Sithole Organizations: REUTERS, UNDP, Union Investment, Investors, Reuters, General Assembly, Burkina, P Global, Reuters Graphics, Monetary Fund, Central, CFA, Peace, Thomson Locations: Gabon, Libreville, Africa Mali, Guinea, Africa, Cameroon, Mali, Thailand, Ecuador, Egypt, Turkey, crackdowns, Senegal, Congo Republic, New York, Niger, Burkina Faso, Kenya

☆ It's a 'toss-up' whether the Fed will hike rates again, says former Kansas City Fed president
▼ + stars: | 2023-09-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's a 'toss-up' whether the Fed will hike rates again, says former Kansas City Fed presidentThomas Hoenig, distinguished senior fellow at Mercatus Center at George Mason University and former president of the Federal Reserve Bank of Kansas City, says "we won't know until we see more inflation data."

Persons: Thomas Hoenig Organizations: Kansas City Fed, Mercatus, George Mason University, Federal Reserve Bank of Kansas Locations: Kansas, Federal Reserve Bank of Kansas City

☆ Jann Wenner’s Rock Hall Reign Lasted Years. It Ended in 20 Minutes.
▼ + stars: | 2023-09-19 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +2 min

Maybe I’m old-fashioned and I don’t give a [expletive] or whatever.”Those comments drew immediate fire on social media. (The foundation, created in 1983, chooses the artists who are inducted, and is affiliated with the museum in Cleveland.) Interviews with four people with direct knowledge of the board vote, who spoke anonymously because the panel’s deliberations are confidential, paint a picture of urgency and rage inside the institution. While board members felt personally appalled by Wenner’s comments, they were also worried about the impact on the hall itself, and its vital relationships with artists — some of whom were already beginning to complain. This year’s honorees include Kate Bush, Missy Elliott, Willie Nelson, Sheryl Crow, Rage Against the Machine, the Spinners and George Michael, who died in 2016.

Persons: Pharrell Williams, LL, ” Troy Carter, Prince, Wenner, Wenner’s, —, missive, Bernie Taupin, Elton John’s, Heather Taupin, Kate Bush, Missy Elliott, Willie Nelson, Sheryl Crow, George Michael Organizations: Roll Hall of Fame Foundation, Spotify, The Times, Barclays Center, Machine, Spinners Locations: Cleveland, Brooklyn

☆ Russell Brand’s Timeline of Scandal and Controversy
▼ + stars: | 2023-09-19 | by ( Alex Marshall | More About Alex Marshall | ) www.nytimes.com time to read: +3 min

But after The Mail on Sunday newspaper wrote about the calls, thousands of irate callers flooded the BBC switchboard and the incident became a political storm. Brand was forced into an apology, but Greenslade said that incident didn’t affect Brand’s popularity among fans as it played into his “bad boy” image. With those videos, Monbiot said, Brand engaged young and disenfranchised voters in a way that actual politicians had struggled to do. Over time, the tenor of the Brand’s videos changed, and became filled with conspiracies and conservative talking points, including vaccine skepticism. Throughout his career, Brand — a self-described narcissist — had sought attention and on YouTube, it was right-wing talking points that got the most likes and shares.

Persons: Andrew Sachs, Manuel, Brand, Jonathan Ross, Greenslade, ” Greenslade, Sarah Marshall ”, he’d, George Monbiot, Brand’s, Monbiot, Ed Milliband, “, Rupert Murdoch, Anthony Fauci, ” Monbiot, —, Ron DeSantis Organizations: BBC, Labour Party, YouTube Locations: Britain, Spanish, ”, United States, British

☆ Michael McGrath, Tony Winner and ‘Spamalot’ Veteran, Dies at 65
▼ + stars: | 2023-09-15 | by ( Neil Genzlinger | More About Neil Genzlinger | ) www.nytimes.com time to read: +1 min

Michael McGrath, who won a Tony Award in 2012 for his work in the musical “Nice Work if You Can Get It” and was a regular on Broadway, Off Broadway and regional stages, known especially for comedic roles and for his ability to conjure the likes of Groucho Marx, George M. Cohan and Jackie Gleason, died on Thursday at his home in Bloomfield, N.J. His family announced the death through the publicist Lisa Goldberg. No cause was provided. Mr. McGrath was one of those stage actors who might rarely be recognized on the street yet worked steadily for decades, drawing good notices throughout. He did much of his early work at Theater by the Sea in Matunuck, R.I., where he appeared regularly from 1977 to 1991, including in the title role of a 1989 production of “George M!,” the musical about Cohan, the famed song-and-dance man.

Persons: Michael McGrath, Groucho Marx, George M, Cohan, Jackie Gleason, Lisa Goldberg, McGrath, “ George M, ” Michael Burlingame, “ McGrath, Luciano Pavarotti, “, Mel Gussow, ” Organizations: New York Times Locations: Bloomfield , N.J, Matunuck, London, Conn, New York

☆ Opinion: Ukraine is fighting Russia and making progress. Don’t give up on Kyiv.
▼ + stars: | 2023-09-14 | by ( Hilary Krieger | Opinion Sébastien Roblin | ) edition.cnn.com time to read: +10 min

It’s true that the Ukrainian counteroffensive debuted with conspicuous setbacks and hasn’t advanced as much as hoped. Moreover, land seized by Russia earlier has been used to strike ever deeper into Ukraine, making restoring defensible borders an existential concern. But Kyiv got the ammunition needed to sustain the counteroffensive longer while awaiting expanded factory production of conventional shells in 2024. Putin miscalculated disastrously when he invaded in Ukraine, so he’s now hoping to outlast Western support for Ukraine to rescue what spoils he can. But failing to do so now could entail the US, Europe and Ukraine paying a much higher price later.

Persons: Sébastien Roblin, CNN —, Ukraine’s, Sebastien Roblin, wail, Vladimir Putin, hasn’t, Ukraine didn’t, Sergei Shoigu, Valery Gerasimov, Biden, Bradley, Abrams, Putin miscalculated, he’s, Donald Trump, George McClellan, McClellan Organizations: Georgetown University, Peace Corps, CNN, Kremlin, GOP, Ukrainian, Engineers, British Royal United Services Institute, Defense, US, Lincoln Locations: China, Ukraine, Washington, Russia, Kherson, Ukrainian, Crimea, India, Robotyne, Verbove, Tokmak, Melitopol, NATO, British, Europe, Appomattox

☆ Rugby World Cup: After triumphing with the All Blacks, Malakai Fekitoa has found a ‘new purpose’ with Tonga
▼ + stars: | 2023-09-14 | by ( George Ramsay | ) edition.cnn.com time to read: +9 min

Long before he had the chance to travel to New Zealand, Fekitoa set his sights on competing for the All Blacks – undoubtedly the most famous rugby team on the planet. “It was always a dream of mine to play for New Zealand, even though I was born and raised in Tonga,” Fekitoa tells CNN Sport. Fekitoa tries to force his way through a tackle during a Rugby Championship match between New Zealand and Argentina in 2014. The change has proved particularly beneficial for Tonga, which, as well as Fekitoa, has named former All Blacks Vaea Fifita, George Moala and Charles Piutau in its squad for the ongoing Rugby World Cup in France. After the rule change, he thinks more All Blacks players will follow his lead by swapping allegiances.

Persons: Fekitoa, ” Fekitoa, Jonah Lomu, Cameron Spencer, –, haven’t, Fifita, George Moala, Charles Piutau, Leon Lord, Adam Coleman, Israel Folau, “, ”, “ I’m, I’ve, Richard Heathcote, It’s, James Crombie, “ It’s Organizations: CNN, All Blacks, New Zealand, CNN Sport, Tonga, Wellington Sevens, Wesley College, Rugby, Blacks, Fiji, Getty, Australia, Ireland, Wasps, Gloucester, Tonga –, Rugby Championship, Nations, United Rugby, Munster, Romania, Tonga’s, Tongan, Kiwi, New Locations: Tonga, New Zealand, Australia, Auckland, Argentina, Europe, Monaco, France, AFP, New, England, Ireland, Italy, South Africa, Scotland, Samoa

RICHMOND, Va. (AP) — A Democratic Virginia legislative candidate whose race was rattled by the revelation that she and her husband livestreamed themselves having sex moved forward with her campaign Tuesday and drew some early support in the high-stakes contest. But state Sen. L. Louise Lucas, a leading Democratic lawmaker in Virginia, quickly came to her defense, calling on voters to “make this the biggest fundraising day of (Gibson's) campaign.” Many women voters retweeted Lucas with a link to donate to Gibson's campaign. Linton said she plans to donate another $100 to Gibson's campaign even though she can't vote for her because she lives outside her district. Mark Rozell, dean of George Mason University’s Schar School of Policy and Government, said the sex videos are a huge distraction from Gibson's campaign. But Monica Hutchinson, a legislative coordinator for a youth justice organization, said she supported Gibson before the videos surfaced and she will continue to support her.

Persons: livestreamed, Susanna Gibson, Gibson, Roe, Wade, — Gibson, Sen, Louise Lucas, retweeted Lucas, ”, Amanda Linton, Linton, “ It's, Lucas, “, Glenn Youngkin —, “ Susanna, she’s, Susanna, Lauren Chou, Stephen Farnsworth, University of Mary Washington, it’s, “ Donald Trump, Farnsworth, Mark Rozell, George Mason University’s, Monica Hutchinson, Hutchinson, ” Gibson, ” ___ Barakat Organizations: —, Democratic, Republican, General Assembly, U.S, Washington Post, The Associated Press, Republican Gov, GOP, University of Mary, George Mason University’s Schar, of Policy, Government Locations: RICHMOND, Va, Democratic Virginia, Richmond, U.S ., Virginia, “, Falls Church , Virginia

☆ Opinion | Bayard Rustin Challenged Progressive Orthodoxies
▼ + stars: | 2023-09-12 | by ( James Kirchick | ) www.nytimes.com time to read: +3 min

In May 1966, the moderate integrationist John Lewis was ousted from the chairmanship of SNCC by the Black Power radical Stokely Carmichael. Committed to a political program that would improve the lives of the poor and working class regardless of their skin color, Mr. Rustin opposed racial preferences . Contrary to contemporary “antiracism” advocates who claim that the existence of racial disparities necessarily constitutes evidence of racism, Mr. Rustin asserted, “That blacks are underrepresented in a particular profession does not by itself constitute racial discrimination.”Another major source of tension between Mr. Rustin and the progressive left concerned American foreign policy. Briefly a member of the Young Communist League in the 1930s, Mr. Rustin followed the path of many a disillusioned ex-Communist by becoming a staunch anti-Communist. Although an early opponent of American military involvement in Vietnam, Mr. Rustin could not, as he wrote in 1967, “go along with those who favor immediate U.S. withdrawal, or who absolve Hanoi and the Vietcong from all guilt.

Persons: —, John Lewis, Stokely Carmichael, Rustin, “, Mr, ”, antiracism ”, George McGovern’s, leftward, Scoop Jackson Organizations: SNCC, Black Power, Negro, Democratic Party, Young Communist League, Communist, Social Democrats, USA, Socialist Party of America, Soviet Union, Democratic, Coalition for Locations: American, Vietnam, Hanoi, South Vietnam, Soviet, Washington

During a formal swearing-in ceremony, Biden noted that the nation's historic documents were once held by George Washington and later by the State Department, before being entrusted to the National Archives, founded by Congress in 1934. Political Cartoons View All 1152 ImagesThe National Archives, meanwhile, has been thrust into the national political spotlight in unusual ways lately. “This experiment in democracy hinged on the people, and their ability to claim their rights and hold their elected officials accountable," Jill Biden said Monday. “That's what makes the National Archives so important. Without the National Archives, and the continued fulfillment of its mission, a healthy democracy cannot be sustained.”

Persons: Jill Biden, Colleen Shogan, Harriet Tubman’s, Thomas Edison’s, Biden, George Washington, Joe Biden, Donald Trump, Shogan, Trump's, Debra Wall, “, ” Organizations: WASHINGTON, George Mason University, National Archives, Records Administration, State Department, Congress, Constitutional Convention, Archives, FBI, Senate, Nation Locations: Independence, Louisiana, United States

☆ Analysis: China's Xi Jinping skipping G20 may be part of his plan to reshape global governance
▼ + stars: | 2023-09-08 | by ( Nectar Gan | ) edition.cnn.com time to read: +8 min

Since its first leaders’ summit in 2008, China’s top leader has always attended the gathering – including by video link during the Covid pandemic. Now, “China sees the G20 space as increasingly oriented toward the US and its agenda, which Xi Jinping regards as hostile to China,” Werner said. Alternative governance structureXi last attended the G20 summit in Bali, Indonesia, in November last year, when he emerged from China’s Covid isolation and declared his return to the world stage. All the while, Xi has only made two trips abroad this year – and both are central to his attempt to reshape the global world order. Next month, the Chinese leader is expected to host the Belt and Road Forum to mark the 10th anniversary of his global infrastructure and trade initiative – a key element in Beijing’s new global governance structure.

Persons: Jinping, Premier Li Qiang, Beijing’s reticence, Xi, ”, George Magnus, I’m, I’ve, Jake Werner, ” Werner, Biden, Werner, Happymon Jacob, China’s, Shi Yinhong, Joe Biden –, Antony Blinken, Vladimir Putin –, Magnus, they’re, ” Magnus, –, “ It’s Organizations: Hong Kong CNN, Premier, China Center, Oxford University, “, Quincy Institute in, Quincy Institute in Washington DC, Pacific NATO, ”, India, New, Jawaharlal Nehru University, Divisions, Renmin University, EU, Beijing, Global Security Initiative, Global Development Initiative, Civilization Initiative, Forum, Shanghai Cooperation Organization – Locations: Hong Kong, New Delhi, China, Xi’s, India, United States, Quincy Institute in Washington, Beijing, New, Washington, Pacific, Ukraine, Moscow, Bali , Indonesia, Germany, France, Brazil, Indonesia, Johannesburg, South Africa, BRICS

☆ The last 3 months were the hottest on record. Was summer 2023 just the beginning?
▼ + stars: | 2023-09-08 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

June through August were the hottest months on record, the World Meteorological Organization said. The deadly extreme heat and other climate-fueled disasters are upending people's lives this summer. A summer of writing about disaster after disaster got me thinking: Will we look back on this summer as a turning point? More of us are feeling the whiplash: Americans are increasingly connecting the dots between disasters and the climate crisis. In the meantime, communities have to be better prepared because the next five years could continue to break temperature records , according to the World Meteorological Organization.

Persons: António Guterres, Anthony Leiserowitz, Leiserowitz, George Mason, they'd, Carole Walker, It's Organizations: World Meteorological Organization, Service, United Nations, Yale, George, George Mason University, Rocky Mountain Insurance Association, Federal Emergency Management Agency, FEMA Locations: Wall, Silicon, Maui, Hawaii, Northeast

☆ How Ben Sasse Became a Combatant in Florida’s Education Wars
▼ + stars: | 2023-09-07 | by ( Michael Sokolove | ) www.nytimes.com time to read: +3 min

Sasse’s words sometimes tumble out in a kind of techno-futurist patois that can be hard to follow. In response to a question about his perceived invisibility on campus, he veered off into something about the future of pedagogy. Later, he added, “What will today’s generic term ‘professor’ mean when you disaggregate syllabus designer, sage-on-the-stage lecturer, seminar leader, instructional technologist, grader, assessor, etc. ?”Sasse is not the first politician to lead a big public university. Oliver Grundmann, a professor in the College of Pharmacy, told me that members of the campus community were worried because of the positions Sasse took in the past.

Persons: unbundle, ”, David Boren, Mitch Daniels, Judith Wilde, Sasse, Bob Graham, Oliver Grundmann, ” Grundmann, “ Organizations: University of Oklahoma, Purdue University, Midland University, Midland Lutheran College, Shar, Policy, Government, George Mason University, ”, Graduate Student Council, Pride, Bob Graham Center for Public Service, College of Pharmacy Locations: Indiana, Virginia, Florida, U.F

☆ YIMBY Movement Is Winning: Build More Houses, Lower Home Prices, Rents
▼ + stars: | 2023-09-07 | by ( Eliza Relman | Kelsey Neubauer | ) www.businessinsider.com time to read: +15 min

The adherents of the "Yes In My Backyard," or YIMBY, movement believe that America's housing crisis comes down to the fundamental tension between supply and demand. Today, nearly 75% of residentially-zoned land in the US is restricted to single-family housing — detached homes designed for one family. Folks are like, 'Oh, we're in a housing crisis for the very first time. Ground zero for the modern YIMBY movement was California, where sky-high home prices forced people to reconsider their attitudes toward development. The city didn't allow new multiunit buildings to be taller or wider than the single-family homes they replaced, making construction less financially attractive to developers.

Persons: Nolan Gray, YIMBYism, Sonja Trauss, Trauss, YIMBYs, NIMBYs, Gray, I'm, —, Bill, They've, Tayfun Coskun, Muhammad Alameldin, Emily Hamilton, We're unwinding, Jenny Schuetz, Greg Gianforte, California YIMBY, Republican Sen, Todd Young, Democratic Sen, Brian Schatz, Eliza Relman, Kelsey Neubauer Organizations: San, San Francisco Bay Area, Urban Institute, Twitter, of Regional Planning, Public, Cato Institute, University of California, Berkeley Terner Center, Housing, George Mason University, Conservative, Brookings Institute, Republican, Todd Young of Indiana, Democratic, Hawaii Locations: California, San Francisco Bay, San Francisco, I'm, Los Angeles County, Florida, Utah, Minneapolis, Oregon, Austin, Dallas, Seattle, Portland , Oregon, Denver, New York, Texas, YIMBYism, We're, Bozeman, Montana, Miami

☆ Naomi Campbell, Cindy Crawford, Linda Evangelista, Christy Turlington star in first trailer for ‘Super Models’ docuseries
▼ + stars: | 2023-09-06 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —Four of the women who inspired the term “supermodel” are getting some majorly overdue recognition in a new docuseries set to premiere on Apple TV+ later this month. The first trailer for “The Super Models” premiered on Wednesday, featuring a mix of old and new footage of models Naomi Campbell, Cindy Crawford, Linda Evangelista and Christy Turlington reflecting on their careers. (From left) Linda Evangelista, Cindy Crawford, Lauren Hutton, Beverly Johnson, Christy Turlington and Naomi Campbell in 1993. Time is also dedicated to George Michael’s pop classic “Freedom ’90” and its iconic black and white music video, which made the quartet of beauties – Naomi, Cindy, Linda and Christy – household names. “The Super Models,” a four-part series, will premiere on Apple TV+ on September 20.

Persons: ”, Naomi Campbell, Cindy Crawford, Linda Evangelista, Christy Turlington, Evangelista, Campbell, “, Lauren Hutton, Beverly Johnson, Frank Micelotta, Donna Karan, Gianni Versace, George Michael’s, – Naomi, Cindy, Linda, Christy – Organizations: CNN, Apple

☆ US securities regulator charges 5 investment advisers with custody rule violations
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +1 min

The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., U.S., May 12, 2021. The firms - Lloyd George Management (HK) Ltd, Bluestone Capital Management LLC, the Eideard Group, Disruptive Technology Advisers LLC, and Apex Financial Advisors Inc - did not admit or deny the SEC's findings. Disruptive Technology agreed to pay a civil penalty of $225,000, the SEC said. Lloyd George agreed to pay a penalty of $50,000. Apex, which declined to comment when called for comment, agreed to pay $130,000.

Persons: Andrew Kelly, Lloyd George, Chris Prentice, Jonathan Oatis, Nick Zieminski Organizations: U.S . Securities, Exchange Commission, Washington , D.C, REUTERS, SEC, Lloyd, Lloyd George Management, Bluestone Capital Management, Eideard, Technology, Apex Financial Advisors, Bluestone Capital, Apex, Thomson Locations: Washington ,

☆ China's auto workers bear the brunt of price war as fallout widens
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +9 min

Millions of auto workers and suppliers in China are feeling the heat as an electric vehicle price war forces carmakers to shave costs anywhere they can. State-run China Automotive News estimates there are over 100,000 auto suppliers in the country. Suppliers typically negotiate prices once a year, but many have been pressed to lower prices on a quarterly basis in 2023, two senior executives at auto suppliers said. And in June, a group of small suppliers wrote to state-owned Changan Automobile to push back against 10% price reductions. Three months later, he told Reuters that price cuts had been more aggressive in 2023 than in previous years.

Persons: Aly, Mike Chen, Chen, carmakers, Tesla, George Magnus, Elon Musk, Mike Chen's, Li Auto, Liu, Changan Automobile's, Chen Yudong, They've, Zhang Yan, Brenda Goh, Kripa Jayaram, Marius Zaharia, David Clarke Organizations: SAIC Volkswagen, REUTERS, Rights, Shanghai, SAIC, Volkswagen, VW, Oxford University's China, China Passenger Car Association, Tesla, GM, HK, Changan Automobile, Mitsubishi Motors, Toyota, Hyundai, China Automotive, Automobile, EV, Reuters, Thomson Locations: Shanghai, China, China's, Beijing, Shenzhen, Hefei, Chongqing, Chery's, Qingdao

☆ Torrid summer for Chinese economy but hope for rebound, says professor
▼ + stars: | 2023-09-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTorrid summer for Chinese economy but hope for rebound, says professorGeorge Magnus, a research associate at the University of Oxford China Centre and SOAS China Institute, discusses the current economic climate in China, and explains why President Xi is so opposed to stimulating the economy.

Persons: George Magnus, Xi Organizations: University of Oxford China Centre, SOAS China Institute Locations: China

☆ An ex-GMU law professor is suing his former students in a $108 million defamation case. His defense is similar to Johnny Depp's.
▼ + stars: | 2023-09-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +10 min

Wright then filed a defamation suit against the former students, seeking $108 million in damages. Reuters/ReutersUltimately, Depp won $10 million in compensatory damages and $5 million in punitive damages in his defamation case against Heard. And juries appear to be more receptive to ruling on behalf of defamation claimants, especially after big wins in cases like Depp's, Lovell told Insider. "By showing he's going through the legal system and going after them for $108 million dollars, it makes a statement," Lovell said about Wright's legal strategy. "These cases are rarely about monetary damages and are more often a vehicle to repair a reputation," Pearson told Insider.

Persons: Joshua Wright, Wright, Depp, Johnny Depp, Amber Heard, Donald Trump, Jean Carroll, Elyse Dorsey, Angela Landry, Law360, —, Dorsey, Landry, Hank Johnson, Tom Wheeler, Ajit Pai, Wheeler, Chip Somodevilla, George Mason, Getty Wright, Sandy Hook, Alex Jones, Tracy A, Pearson, Heard, Tre Lovell, Lovell, they're, Lindsay R, Johnny Depp's Organizations: Service, Federal Trade Commission, George Mason University, Federal Communications, Federal Trade, Capitol, Republicans, Communications, Bloomberg, George, Depp Defense, Voting, Fox News, Reuters, Binnall Locations: Wall, Silicon, WASHINGTON, DC, Rayburn, Washington , DC, Virginia

This is Blackswan, a K-pop group whose members hail from around the world. Gabi agreed, chiming in: “Everything that a K-pop group has, we have.”Trained the Korean wayThe four members may not be Korean, but their journey to Blackswan followed a well-worn, uniquely Korean path that involved auditioning to become trainees in a hyper-competitive program. Emma McIntyre/Getty ImagesBy contrast, some of the newer Blackswan members have been training for a year or less. “When I was 15, my friend showed me a K-pop music video … and since then, I kind of got stuck on the K-pop genre,” Fatou said. But the Blackswan members say most of the criticisms come from international observers, while Korean fans and artists have been largely supportive.

Persons: South Korea CNN —, Gabi, Fatou, UNIQ, Blackswan, ”, “, ” Fatou, –, Yoon Deung, “ presentable, Yoon, Blackpink, Emma McIntyre, Lee Gyu, aren’t, they’re, Lee, ” Lee, Kevin Winter, I’m, I’ve, Lee Wool Organizations: South Korea CNN, DR, CNN, Korean, DR Management, Coachella, George Mason University Korea, South, Hockey Locations: Seoul, South Korea, Brazil, United States, India, Senegal, Belgium, Waterbomb, Europe, South America, Indio , California, South Korean, Hong Kong, Taiwan, Los Angeles, West Africa, America

☆ Nick Hornby Reviews a Short History of the Beatles Before the Band
▼ + stars: | 2023-08-18 | by ( Nick Hornby | ) www.nytimes.com time to read: +2 min

THIS BOY: The Early Lives of John Lennon & Paul McCartney, by Ilene CooperIn the early 1980s I was an English teacher at a high school in Cambridge, England. “He introduced John Lennon to Paul McCartney.” I stared at him. Vaughan invented fame. Introducing Paul to John was like introducing ketchup to fries, or causing the Big Bang. By the time John and Paul were 10 and 8, respectively, only 7 percent of 17-year-olds were in school.

Persons: John Lennon, Paul McCartney, Ilene Cooper, Ivan Vaughan, ”, Vaughan, Paul, John, Paul McCartney ”, “, Cooper, Little Richard, Elvis Presley, Peter Sellers, Starchy George Martin Locations: Cambridge, England, Woolton, Liverpool, American

Buoyed by inflation numbers, traders not only expect the central bank to stop further monetary tightening in 2023, they are also betting the Fed would start cutting interest rates early next year. "Inflation has returned to the good old days where in 2019 we saw an average monthly increase of around 0.2% ... The Fed, therefore, might feel it can pause as planned and not raise interest rates in September," said George Mateyo, chief investment officer at Key Private Bank. The tech-heavy Nasdaq led Wall Street lower on Wednesday, with heavyweight Nvidia (NVDA.O) falling 4.7%, followed closely by the other "Magnificent Seven" megacap stocks that drove this year's stock rally. On the earnings front, Walt Disney (DIS.N) rose 3.2% after beating Wall Street estimates for quarterly adjusted profit per share.

Persons: Brendan McDermid, George Mateyo, Mary Daly, Walt Disney, Michael Kors, Tapestry's, Joe Biden, Bansari Mayur Kamdar, Johann M Cherian, Shashwat Chauhan, Shubham Batra, Vinay Dwivedi Organizations: New York Stock Exchange, REUTERS, Disney, Dow, Nasdaq, Reserve, Key Private Bank, San Francisco Fed, Microsoft, Apple, Nvidia, Dow Jones, Wall, Alibaba, Wednesday, NYSE, Thomson Locations: New York City, U.S, China, Bengaluru

Search resuls for: "George M"

25 mentions found