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Wes Anderson’s Best Needle Drops
  + stars: | 2023-06-16 | by ( ) www.nytimes.com   time to read: +2 min
Dear listeners,One day when I was 14, I stayed home sick from school and watched a weird little movie called “Rushmore” on Comedy Central. The filmmaker Wes Anderson had created his own alternate reality, with its own color scheme, its own vernacular, and — perhaps most crucially — its own killer music. For aspiring aesthetes, Anderson’s movies can be gateway drugs. Eager to catch all of his cinematic references and influences, his films led me to the work of directors like François Truffaut, Yasujiro Ozu and Satyajit Ray. The needle drops in most of Anderson’s films are the result of his longtime working relationship with the music supervisor Randall Poster.
Persons: , Wes Anderson, aesthetes, Eager, François Truffaut, Yasujiro Ozu, Satyajit Ray, I’d, , Nico, Seu Jorge, Steve Zissou, Randall, ” he’s, Alexandre Desplat Organizations: Comedy Central, French Dispatch, Locations:
The recent flight of Chinese spy balloon over the US highlighted a new kind of overhead snooper. These "pseudo-satellites" fly lower than satellites but higher than most planes and are hard to spot. Camera-equipped reconnaissance planes proved crucial in World Wars I and II, followed by the ever-watchful spy satellites of the Cold War. A Chinese spy balloon after being shot down off the coast of South Carolina on February 4. High-altitude platforms fly above bad weather but have a limited payload, while lower-altitude platforms can carry more sensors but are hampered by weather effects.
Persons: , Andrew Payne, Payne, Foxbats, Lockheed Martin, HALE, Christian Otto, Randall Hill, Michael Peck Organizations: Service, Britain's Royal United Services Institute, US Air Force, AIM, North America, Pentagon, US Army, Lockheed, Airbus Zephyr, Airbus, Nations, Defense, Foreign Policy, Twitter, LinkedIn Locations: Soviet, Israel, North, China, America, South Carolina, Forbes
As a result, he is staying away from assets that could be hit hard if market stress suddenly increases, such as small cap stocks. The S&P 500 edged up 0.1% on Wednesday after shuffling between gains and losses. The S&P 500 is up 15% this year, while the Nasdaq (.IXIC) has gained 30%. Mark Heppenstall, chief investment officer of Penn Mutual Asset Management, believes a burgeoning stock market rally could loosen credit conditions, threatening to exacerbate consumer prices - an undesirable outcome for the inflation-fighting Fed. The S&P 500 is up 14% from a low reached after the banking crisis in March.
Persons: , Josh Emanuel, Emanuel, James St . Aubin, Jeffrey Gundlach, Mark Heppenstall, Josh Jamner, Davide Barbuscia, David Randall, Ira Iosebashvili, Sam Holmes Organizations: YORK, Federal, Wilshire, Nasdaq, Sierra Investment Management, DoubleLine Capital, CNBC, Fed, Penn Mutual Asset Management, ClearBridge Investments, Thomson Locations: U.S
The company brought in $2.28 million last year on Airbnb and rental platform Eviivo, according to documents reviewed by CNBC Make It. She paid a company to help her create hashtags and build her online presence — all for a single Airbnb property. She asked Randall to promote the Airbnb listing on her "Stays and Getaways" page, in exchange for a free stay. When a former middle school classmate reached out asking for Airbnb advice, Inlow said she'd redesign and run the property herself for $10,000. That fall, Inlow purchased another property management company, Cape Charles Escapes, to expand her rental portfolio to Virginia's coast.
Persons: Jamie Inlow's, Inlow, wasn't, Jamie Inlow, Julia Randall, Randall, Getaways, Cape Charles Organizations: University of Virginia, CNBC, Google, Airbnb, Cape, Historic, LV8 Locations: Scottsville , Virginia, Virginia, Virginia's, Staunton , Virginia
Darling Ingredients CEO Randall Stuewe goes one-on-one with Jim CramerDarling Ingredients Chairman and CEO Randall Stuewe talks to 'Mad Money' host Jim Cramer about sustainable aviation fuel, future company growth, and more.
Persons: Randall Stuewe, Jim Cramer Darling, Jim Cramer
Analysts are betting on another rate hike in July, to help the Bank of Canada bring inflation back down to its 2% range. Here are some factors that are keeping demand robust in the Canadian economy. The savings rate has halved to 2.9% in the first quarter from the fourth quarter of last year, Statistics Canada said. The central bank says the fiscal spending is not adding to inflation, but it is not helping bring it down either. ($1 = 1.3347 Canadian dollars)Reporting by Steve Scherer; Additional reporting by Nivedita Balu in Toronto; Editing by Paul SimaoOur Standards: The Thomson Reuters Trust Principles.
Persons: Randall Bartlett, Bartlett, Steve Scherer, Nivedita Balu, Paul Simao Organizations: OTTAWA, Bank of Canada, Desjardins, Statistics, Thomson Locations: Canadian, Statistics Canada, Provinces, Toronto
"There's reason to believe that the pessimism we saw at the start of the year is giving way to a stronger-than-expected market." Murray has increased his allocation to small-cap stocks, which tend to be among the most direct beneficiaries of economic growth. Other rebounding segments in June include the S&P 500 energy sector, which has gained 6% this month and S&P 500 industrials, up 5.7%. Ten of the 11 S&P 500 sectors are firmer for the month to date, compared to only six for the year. Stronger-than-expected jobs growth and robust consumer spending have been among the data points that have bolstered investors' economic outlook.
Persons: Tim Murray, T Rowe Price's, Murray, Russell, Dow, Howard Silverblatt, Goldman Sachs, Saira Malik, Max Wasserman, David Randall, Saqib Iqbal Ahmed, Lewis Krauskopf, Ira Iosebashvili, Richard Chang Organizations: YORK, Energy, Reuters, Apple Inc, Microsoft Corp, Inc, Amazon.com Inc, Nvidia Corp, Tesla Inc, Dow Jones, Capital Economics, Miramar Capital, Starbucks Corp, Target Corp, Thomson Locations: U.S
Johnson vetoed the act in part because the citizenship provision would immediately make citizens of native-born Black people while European-born immigrants had to wait several years to qualify for citizenship via naturalization (which was then open only to white people). In 1875, Congress enacted legislation that prohibited racial discrimination in the provision of public accommodations. Segregationist Southerners were not the only ones who railed against anti-discrimination laws on the grounds that they constituted illegitimate preferences for African Americans. In 1945, the New York City administrator Robert Moses inveighed against pioneering municipal anti-discrimination legislation in employment and college admissions. Displaying more anger at the distant prospect of racial quotas than the immediate reality of racial exclusions, Moses maintained that anti-discrimination measures would “mean the end of honest competition, and the death knell of selection and advancement on the basis of talent.”
Persons: Johnson, ” Johnson, disapprovingly, Franklin D, Roosevelt, Jamie Whitten, Robert Moses inveighed, Moses, Organizations: Civil, Employment, Commission, New Locations: Mississippi, New York City
Musk was the biggest shareholder in both companies at the time of the deal and Tesla shareholders alleged he pushed the carmaker's board into the deal to bail out the billionaire's investment in the struggling rooftop solar company. The state's highest court said that while a judge on the Delaware Court of Chancery erred in some portions of his analysis, his overall premise still supported his determination that Tesla paid a fair price for SolarCity. They also argued that Slights determined after a 10-day trial in 2021 that Musk meddled in the deal but failed to hold him liable. Shareholders wanted to force Musk to return the Tesla stock he received in the takeover, which at one point was worth $13 billion. The Delaware Supreme Court said that the Slights' ruling was not "pitch perfect" but did not have to be and noted the "total collapse" of the shareholders' theory that SolarCity was insolvent.
Persons: Elon Musk, Musk, Tesla, Randall Baron, Joseph Slights, SolarCity, Slights, Tom Hals, Mark Porter Organizations: Tesla, Delaware Supreme, Shareholders, Thomson Locations: SolarCity, Delaware, Wilmington , Delaware
CNN —The recovery of wreckage from a private plane that crashed Sunday in Virginia, killing all four people onboard, after its pilot became unresponsive is expected to begin Tuesday. The unresponsive aircraft prompted the deployment of six fighter jets as it flew near Washington, DC, officials said. Six F-16s were launched from three bases and raced to intercept the private plane, White House National Security Council Coordinator for Strategic Communications John Kirby said Monday. Investigators are now examining the private plane’s autopilot function in the Virginia crash, a source familiar with the investigation said. Correction: An earlier version of this story gave the wrong source for information about the course taken by the private plane.
Persons: there’s, ” Adam Gerhardt, Gerhardt, John Rumpel, Barbara, Adina Azarian, Aria Azarian, Adina Azarian's, Facebook Rumpel, Rumpel, Jeff Hefner, Strategic Communications John Kirby, Randall K, Payne Stewart, Stewart, , Keller Williams, Lakhinder, Azarian, ” “ Adina, ” Keller Williams, Dan Newlin Hefner, Hefner, , Dan Newlin, ” Hefner, Newlin Organizations: CNN, National Transportation Safety, Cessna, NTSB, Encore Motors, Washington Post, FAA, MacArthur, NORAD, National Security, Strategic Communications, Authorities, Washington, Southwest Airlines, Network, Continental, American Aerospace Defense Command, US Capitol Police Locations: Virginia, Washington, DC, Waynesboro , Virginia, Delaware, East Hampton , New York, Tennessee, Elizabethton , Tennessee, Aberdeen , South Dakota, Florida, Texas, NYC, ” Keller Williams ’, York, Continental US
"I want to take a beat and decide how I'm going to live my life," Pena, 37, told Insider. "People now have more freedom to hop in and out of the labor market," she told Insider. Wren Taylor, 35, enjoyed her summer of funemployment last year after being laid off from her corporate marketing job. "Their comments affirmed that I wasn't wasting my time," she told Insider. During job interviews, she said that all she could think about was the freedom she'd lose by going back to a traditional job.
Persons: Suzy Welch, , Delia Pena, " Pena, Pena, she's, I'm, Gen, funemployment, Randall Peterson, who'd, Wren Taylor Wren Taylor, Julia Pollak, Pollak, Wren Taylor, they'd, I'd, Wren Organizations: NYU, Service, London Business School, ZipRecruiter, Labor Department, Catalina Locations: funemployment
CNN —Four first responders who arrived at the scene of Sunday’s fatal private plane crash near Raphine, Virginia, told CNN the plane left a “crater,” and they believe it impacted the ground at a very steep angle. First responders said the crash site is amid steep, mountainous terrain that is difficult to reach on foot. We were obviously freaked out a little bit,” Chuck Martin, who felt the boom in Fairfax County, Virginia, told CNN affiliate WJLA. No survivors found in the wreckageSearch and rescue teams assemble before going to the site of Sunday's plane crash near Montebello, Virginia. John Rumpel, whose wife Barbara is listed as the president of the company, told CNN they own Encore.
Persons: , , Chuck Martin, , Sandy Abuarja, Ahreum Kindess, WBAL, Randall K, Wolf, Corinne Geller, John Rumpel, Barbara, Barbara Rumpel, John Rumpel’s, Rumpel, ” Barbara Rumpel, Joe Biden, Andrews, Biden Organizations: CNN, National Transportation Safety, New, MacArthur, Federal Aviation Administration, Virginia State Police, US Capitol Police, Cessna, Continental US, American Aerospace Defense Command, WJLA, DOD, WBAL, DC, George Washington National, “ NORAD, FAA, AP, Encore Motors, Inc, New York Times, National Capital, The U.S, Capitol, Andrews Air Force Base, Service, White Locations: Raphine , Virginia, , Virginia, Elizabethton , Tennessee, Washington, DC, Fairfax County , Virginia, Maryland, Gambrills , Maryland, , George Washington National Forest , Virginia, State, Staunton, Montebello , Virginia, Melbourne, Florida, East Hampton , New York, North Carolina, The, Maryland’s
CNN —It’s all systems go for Prince William’s Earthshot Prize lately. Now we’re hearing about a new partnership between the Prince of Wales’ initiative and online video platform YouTube. But away from the glitzy awards ceremony, some have wondered about the real-world impact of innovation prizes like Prince William’s. “Not only because of Prince William but the full Earthshot team that is there in order to support all the finalists. And I think it’s incredibly helpful to share some of the challenges that we have found along the way.”In recent weeks, Prince William even dropped by Notpla’s headquarters in northeast London.
Persons: CNN —, Prince William’s Earthshot, Prince, Prince William’s, William, Prince Philip, King Charles III ., Wales, Alex Bramall, Charles, Prince of Wales, King, Rodrigo Garcia Gonzalez, Gonzalez, Pierre Paslier, ” Gonzalez, , Notpla’s, ” William, Jonathan Brady, Prince William, “ It’s, Kin Cheung, William “, David Attenborough, Annie Randall, King Charles, , couldn’t, Buckingham, Duke, “ He’s Organizations: CNN’s Royal, CNN, London, Imperial College London, Windsor, Getty Locations: Singapore, Wales, Kensington, Boston, United Kingdom, London, Cornwall, It’s
While a federal election is not due until 2025, housing affordability is among the top concerns for Canadians who have grappled with supply shortages. The Liberal Party government's ambitious plan to welcome 500,000 immigrants per year by 2025, or about 1.25% of its population, is expected to fuel robust demand for housing. In April 2022, the Liberal government announced plans to double housing construction over the next decade. It's been 8 years (since he took power), and now, housing costs have doubled," Poilievre said on Twitter earlier this month. Speaking with the heads of Canada's municipalities last week, Trudeau said the government's next "long term infrastructure" plan will be revealed this autumn.
Persons: Justin Trudeau, Randall Bartlett, Bartlett, Pierre Poilievre, Trudeau, Poilievre, Darrell Bricker, they're, Bricker, James Laird, Laird, Fergal Smith, Steve Scherer, Marguerita Choy Organizations: TORONTO, Bank of Canada, Liberal Party, Desjardins, Liberal, Housing, Canada Mortgage, Housing Corporation, Canadian Home Builders ' Association, Reuters, Conservative Party, Twitter, Toronto Area, Public Affairs, Thomson Locations: Toronto, Ottawa
MEXICO CITY, May 30 (Reuters) - Mexican President Andres Manuel Lopez Obrador is set to discuss migration and investment in Central America in a meeting Tuesday with U.S. Homeland Security advisor Elizabeth Sherwood-Randall, Mexico's top diplomat said. Mexican Foreign Minister Marcelo Ebrard told reporters Mexican leaders would "review" plans on migration regarding visas and a drop in arrivals at the U.S.-Mexico border after the end of a U.S. health policy called Title 42. "The other point is investment in Central America," Ebrard said. Reporting by Raul Cortes and Kylie Madry; Editing by Anthony EspositoOur Standards: The Thomson Reuters Trust Principles.
Persons: Andres Manuel Lopez Obrador, Elizabeth Sherwood, Randall, Mexico's, Marcelo Ebrard, Ebrard, Raul Cortes, Kylie Madry, Anthony Esposito Organizations: MEXICO CITY, . Homeland Security, Mexican Foreign, Thomson Locations: MEXICO, Central America, Mexican, U.S, Mexico
May 28 (Reuters) - Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline. U.S. five-year credit default swaps narrowed, meaning that the cost of insuring against exposure to a U.S. debt default fell. “The debt ceiling agreement is only the first step in saving the government from the brink of illiquidity.”The deal suspends the debt ceiling until January 2025 in exchange for caps on spending and cuts in government programs. U.S. Treasury Secretary Janet Yellen on Friday set a deadline for raising the federal debt limit, saying the government would default if Congress does not increase the debt ceiling by June 5. Optimism that a debt ceiling deal was near and hefty gains in AI-related stocks helped the S&P 500 (.SPX) close at its highest level since August 2022 on Friday.
“The debt ceiling agreement is only the first step in saving the government from the brink of illiquidity.”The deal suspends the debt ceiling until January 2025 in exchange for caps on spending and cuts in government programs. U.S. Treasury Secretary Janet Yellen on Friday set a deadline for raising the federal debt limit, saying the government would default if Congress does not increase the debt ceiling by June 5. Optimism that a debt ceiling deal was near and hefty gains in AI-related stocks helped the S&P 500 (.SPX) close at its highest level since August 2022 on Friday. S&P Global Ratings stripped the United States of its coveted top rating over a debt ceiling showdown in 2011, a few days after a last-minute agreement the agency at the time said did not stabilize "medium-term debt dynamics." S&P Global Ratings, Fitch and Moody's did not immediately respond to Reuters requests for comment.
Megacap technology and growth stocks, which benefit from lower interest rates, have led the market's advance. A Congressional package raising the debt ceiling, meanwhile, is expected to cap spending on government programs. The debt ceiling impasse had weighed on stocks in recent days, but for the most part investors had been expecting Washington to reach a deal. At the same time, the equity market has only just begun to start pricing in more Fed hikes, she added. "The ongoing effects of monetary policy now are setting us up for this wall of debt that people aren't talking about with enough vigor," he said.
The deadline for the US to come to an agreement on the debt ceiling is looming. A default on the national debt would result in economic catastrophe, but even uncertainty ahead of the deadline could trigger an economic downfall. The 2011 debt ceiling debate is an example of a near miss that ended up briefly tanking the economy. After months of heated disagreement, a compromise was reached by lawmakers to raise the debt ceiling and implement spending cuts. "2011 was a very different situation — we were in recovery mode from the global financial crisis," Kroszner told the Times.
For the first two or so years of the pandemic, it looked like big, corporate landlords would buy up so many rental homes that they'd soon control the market that had been the purview of mom-and-pop owners. But five months in, the lull that started the year persists, said analysts at John Burns Real Estate Consulting, a purveyor of real-estate data. According to JT Graham, a John Burns analyst who attended an April conference of the SFR lobbying group National Home Rental Council, the buzzword there was "patience." For those that do make the trip, they can console themselves that the industry's fundamentals are strong enough to offset headwinds such as soaring taxes and slowing rent growth, John Burns analysts said. They're also able to absorb defaults and vacancies in the way small landlords can't as their costs increase.
Their rally has been responsible for all of the 8.3% year-to-date gain in the S&P 500 (.SPX) through Wednesday's close, a Deutsche Bank report showed. A recent survey of global fund managers from BofA Global Research showed that 71% believe a deal to raise the debt ceiling will be reached before the X-date. Excitement over artificial intelligence, which has boosted some megacap names this year, is another factor that could support the category. At the same time, the debt ceiling has been only one of of several worries weighing on the market. Paul Christopher, head of global market strategy at Wells Fargo Investment Institute, expects lawmakers will reach an agreement to extend the debt ceiling through September.
The landmark case is the court’s 2010 decision in Citizens United v. Federal Election Commission. A five-justice majority — including Justice Thomas — struck down decades-old restrictions on independent campaign expenditures by corporations, holding that they violated the companies’ free speech rights. The government’s legitimate interest in fighting corruption, the court held, is limited to direct quid pro quo deals, in which a public official makes a specific commitment to act in exchange for something of value. In dissent, Justice John Paul Stevens accused the majority of adopting a “crabbed view of corruption” that the court itself had rejected in an earlier case. But the decision didn’t come out of nowhere: The court has often been unanimous in its zeal for curtailing criminal corruption laws.
Now, the daily stream of migrants feeding the crisis has doubled in size in recent weeks, city officials say. With no clear solutions at hand, the city turned to shelter some migrants in public school gyms starting last week. That plan, like many others before it, was almost immediately met with outrage — not only from activists and human right groups, but also from public school parents and the ranks of everyday New Yorkers. On Wednesday, the city began to distance itself from that proposal, too. More than 67,000 migrants have arrived in New York City since the crisis began.
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.)
In “The Rebel’s Silhouette,” for example, an untitled Urdu poem by Faiz Ahmed Faiz on Page 50 is placed opposite its translation, by the Kashmiri American poet Agha Shahid Ali, on Page 51. Even if you don’t read Urdu, the original is sharply outlined: four lines in two couplets, taking up barely a third of the page. One great charm of a bilingual edition is that you don’t have to give up one for the other, as you would with a translation. You can have both at the same time, and treat language as a Jenga tower, moving its pieces but preserving its structure. Look at the beginning of another untitled poem and you can hear the music of “Passará/tem passado/passa com a sua fina faca” — the time-traveling verb, the echoing sibilants, the alliteration.
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