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☆ The world's biggest publisher is suing a Florida school district for banning books by writers including Toni Morrison and Khaled Hosseini
▼ + stars: | 2023-05-18 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

Penguin Random House is suing a Florida school district and board after it banned certain books. Penguin Random House has joined forces with an authors' group to sue a Florida school district after it banned a number of books. Books removed or restricted by Escambia include "The Bluest Eye" by Toni Morrison, "Slaughterhouse-Five" by Kurt Vonnegut, and "The Kite Runner" by Khaled Hosseini. All have had books removed from libraries or had student access restricted by the district, PEN America said in a press release. "The book removals and restrictions enacted by the School District and School Board are denying students access to books they would like to read, or chilling such access."

☆ Penguin Random House and Florida parents sue school district over book bans
▼ + stars: | 2023-05-17 | by ( Jo Yurcaba | ) www.cnbc.com time to read: +3 min

A selection of books including "The Bluest Eye," by Toni Morrison, that have been the subject of complaints from parentsPenguin Random House, authors, parents and an advocacy group filed a lawsuit Wednesday against a Florida school district for removing 10 books related to race and the LGBTQ community after a high school teacher complained. In addition to the publishing house, PEN America, a nonprofit group that advocates for free expression in literature, five authors whose books have been removed from the district, and two parents whose children go to school in the district filed the suit against the Escambia County School District and the Escambia County School Board in Pensacola, Florida. "The clear agenda behind the campaign to remove the books is to categorically remove all discussion of racial discrimination or LGBTQ issues from public school libraries. Neither the district nor the school board immediately returned requests for comment. More than 100 other titles are restricted and require parental approval for access.

But just when it looked as though the incentive monster was being cut down to size, the CHIPS Act and the Inflation Reduction Act are threatening to give it an enormous infusion of steroids. The CHIPS Act, at least, requires companies to do some good in return. In February, Ford agreed to build its new electric vehicle plant in Michigan, but only after extracting a promise of as much $1.75 billion in state and local incentives. To limit the damage to state and local budgets and ensure meaningful community impacts, there are a few things we can do. First, Congress should consider amending the U.S. CHIPS Act to ensure that there are no requirements that projects receive any state or local funding in order to obtain federal dollars.

☆ I paid a stranger on Facebook $1,545 for tickets to Taylor Swift's 'Eras Tour.' Here's how I avoided getting scammed.
▼ + stars: | 2023-05-09 | by ( Joni Sweet | ) www.businessinsider.com time to read: +9 min

But like many Swifties, I never got access to Ticketmaster's disastrous presale for the Eras Tour. I posted on a Taylor Swift ticket-selling Facebook groupI turned to Facebook after I didn't hear back from several sellers on Twitter. Joni SweetMy search for Taylor Swift tickets started on Twitter. I had come across @ErasTourResell, an account which connects hopeful concertgoers with people selling their Eras Tour tickets for face value. I searched for terms like "Taylor Swift resell" and "Eras Tour tickets" and joined a few groups that came up.

☆ 26-year-old pays $1,157 a month for a 240-square-foot studio: 'I didn't even know they made apartments this tiny'
▼ + stars: | 2023-05-06 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

Before Chi Baik moved into her 240-square-foot studio in Seattle last year, she tells CNBC Make It she"didn't even know they made apartments this tiny." Baik moved in September of 2022 and used to pay $1,550 for the place. John Paget | CNBC Make ItHer kitchen has modern finish with a two-burner stove but no oven. John Paget | CNBC Make ItChi Baik moved to Seattle from the Washington, D.C., area in the fall of 2022. Chi Baik is getting her Ph.D. at the University of Washington in special education Jon Paget | CNBC Make It

☆ Johnson & Johnson's consumer health unit Kenvue started trading. What it means for J&J shareholders like us
▼ + stars: | 2023-05-05 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

For now, it's not exactly clear how J & J will go about the second step of this divestiture. In this scenario, we would have the option to relinquish some, all or none of our J & J shares. In fact, our optimism around the breakup was a big reason we bought into J & J nearly a year ago . J & J continues to argue against claims that its baby powder and other talc products caused cancer lack merit. "Look at it as a whole company today, knowing that [roughly] 10% doesn't belong to J & J," explained Cantor Fitzgerald analyst Louise Chen, who has a buy rating and maintains a $215 price target on J & J.

☆ Club meeting recap: Equities slide, J&J consumer IPO, Costco sales
▼ + stars: | 2023-05-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Stocks slide amid mounting volatility J & J launches consumer IPO Buy Costco here 1. J & J priced shares of Kenvue at $22 apiece, valuing the new company at $41 billion. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Employee Monitoring and Surveillance
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +50 min

Ensuring Employee Safety and Systems SecurityEmployers may use electronic workplace monitoring and surveillance to protect their:Worksites. Potential Liability for Electronic Workplace Monitoring and SurveillanceEmployers that engage in electronic workplace monitoring and surveillance must comply with various federal and state laws, including:The Wiretap Act. Best Practices for Electronic Workplace Monitoring and SurveillanceTo avoid violating relevant state and federal laws, before conducting workplace monitoring and surveillance, employers should:Consider the purpose and appropriate scope of their monitoring and surveillance activities and what methods will help them achieve their objectives. Determine the Purpose of Workplace Monitoring and SurveillanceBefore conducting any workplace monitoring or surveillance, best practice is for employers to identify the purpose and goals of these activities to:Ensure that there is a legitimate business purpose for the planned monitoring and surveillance activities. Determine the scope of monitoring and surveillance necessary to accomplish the business purpose, and conduct only the minimum monitoring and surveillance necessary to meet that business need.

☆ Teen bans on the rise: malls, theme parks, and even a Chick-fil-A are requiring chaperones to stop rowdy minors
▼ + stars: | 2023-04-28 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +4 min

Shopping malls, theme parks, and a Chick-fil-A restaurant are starting to require chaperones for teenagers. Curfews for teens are nothing new — they first popped up at malls in the 1980s and 1990s. Southern California's Knott's Berry Farm announced in April that it was instituting a stricter policy in response to "increasing incidents of unruly and inappropriate behavior," the theme park said. Visitors pose for photos at Knott's Berry Farm. Jae C. Hong/APKnott's Berry Farm isn't alone in cracking down on unsupervised teenage visitors recently.

☆ Markets next week have to contend with how aggressive the Fed drumbeat sounds
▼ + stars: | 2023-04-28 | by ( Scott Schnipper | ) www.cnbc.com time to read: +8 min

"Is Chairman Powell going to say, 'It is likely that we pause now and assess what the economy is going to do?' "The tone on that balance is going to be very critical to how the market is going to move next week." "What is [Powell] going to do? June Fed meeting The betting on Wall Street right now is that, after next week, the Fed will standpat at its next meeting six weeks later, on June 13-14. Beyond Apple, some 161 other companies in the S & P 500 index are scheduled to report latest-quarter results next week.

☆ Commercial lunar lander presumed lost after historic moon landing attempt
▼ + stars: | 2023-04-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

CNN —A Japanese lunar lander, carrying a rover developed in the United Arab Emirates, attempted to find its footing on the moon’s surface Tuesday — and potentially mark the world’s first lunar landing for a commercially developed spacecraft. The lunar lander, called Hakuto-R, was carrying the Rashid rover — the first Arab-built lunar spacecraft, which was built by Mohammed bin Rashid Space Centre in Dubai. Israel-based company SpaceIL was the first XPrize contestant to attempt to put its lander on the moon after the program ended. Its Beresheet spacecraft crashed in 2019 after ground teams lost contact with the lander as it approached the surface. That same year, the Indian Space and Research Organisation lost contact with a lunar lander shortly before it was slated to touch down on the moon.

☆ A 'tinderbox' with no easy off-ramps: What the Sudan conflict means for the world
▼ + stars: | 2023-04-25 | by ( Elliot Smith | ) www.cnbc.com time to read: +10 min

Smoke rises during clashes between the Sudanese Armed Forces and the paramilitary Rapid Support Forces (RSF) in Khartoum, Sudan on April 19, 2023. "We urge the Sudanese army to respect the ceasefire and its conditions to alleviate the suffering of innocent civilians. - | Afp | Getty ImagesNotorious Russian mercenary force Wagner Group has been linked to various commercial and military operations in Sudan. Italian citizens are boarded on an Italian Air Force C130 aircraft during their evacuation from Khartoum, Sudan, in this undated photo obtained by Reuters on April 24, 2023. "The RSF is likely to target oil infrastructure linking South Sudan with Khartoum and the export terminal at Port Sudan," Verisk Maplecroft's Hunter suggested.

☆ Fox News settles Dominion's defamation lawsuit for $787.5 million over election conspiracy theories just as the trial is about to start
▼ + stars: | 2023-04-18 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

Fox News settled Dominion's defamation lawsuit over election conspiracy theories for $787.5 million. WILMINGTON, Delaware — Fox News settled Dominion Voting Systems's blockbuster defamation lawsuit just as it was about to go to trial, agreeing to pay it $787.5 million. In a press conference after Davis announced the settlement, Dominion CEO John Poulos criticized Fox for broadcasting lies about the company. Dominion first filed its lawsuit against Fox News and its parent company, Fox Corp., in March 2021. Representatives of Fox News arrive at the justice center for the Dominion Voting Systems' defamation lawsuit against Fox News, in Wilmington, Delaware.

☆ Fort Lauderdale got 25 inches of rain in 'unprecedented' storm
▼ + stars: | 2023-04-14 | by ( Phil Helsel | ) www.cnbc.com time to read: +4 min

Abandoned vehicles sit in a flooded street on April 13, 2023 in Fort Lauderdale, Florida. Joe Raedle | Getty ImagesAn additional 2 to 3 inches of rain fell Thursday, the National Weather Service said. Runways at Fort Lauderdale-Hollywood International Airport are flooded after heavy rain in Fort Lauderdale, Florida, on April 13, 2023. Ron DeSantis on Thursday declared a state of emergency for Broward County, where Fort Lauderdale is, and the county government also declared a local emergency. Santiago Rojas salvages some items from his flooded home on April 13, 2023 in Fort Lauderdale, Florida.

☆ MLB roundup: Solo HR sends Rays to 10-0
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +11 min

Muncy also singled, all after Mookie Betts had led off the game with his second homer of the season for the Dodgers, who snapped a three-game losing streak. Reds starter Graham Ashcraft allowed two runs on six hits in six innings with seven strikeouts and three walks. Ryan Mountcastle drilled a two-run homer in the first inning and Austin Hays added a solo shot in the sixth. Alvarez drove in two runs to boost his major-league-leading RBI total to 16, plating a pair in the second inning with a single. Jake Cave hit a solo homer and double while Nick Castellanos added three hits and three RBIs.

☆ Yen sinks as rates outlook diverges; NZ dollar tumbles
▼ + stars: | 2023-04-10 | by ( Kevin Buckland | ) www.reuters.com time to read: +3 min

The yen slipped 0.4% against the U.S. dollar to 132.70, extending its decline from Friday, when data showed the U.S. economy continued to add jobs at a brisk pace in March. The yield remained elevated at 3.3719% in Tokyo on Monday, when many markets in Asia as well as Europe will remain closed. Against the euro , the yen slumped over 0.5% to 144.635. Barring an upside surprise in U.S. consumer price data on Wednesday, the dollar has limited room to rise against the yen from current levels, they added. Meanwhile, the New Zealand dollar slumped about 0.7% to $0.62325, and the Aussie slipped 0.13% to $0.6665.

☆ Yen sinks as rates outlook diverges; NZ dollar slides
▼ + stars: | 2023-04-10 | by ( Kevin Buckland | ) www.reuters.com time to read: +2 min

Meanwhile, the risk-sensitive New Zealand and Australian dollars weakened amid heightened U.S.-China tensions over Taiwan, with Beijing a key trading partner for the Antipodean nations. The yen slipped 0.3% against the U.S. dollar to 132.47, extending a similar-sized decline from Friday, when data showed the U.S. economy continued to add jobs at a brisk pace in March. The yield remained elevated at 3.3776% in Tokyo on Monday, when many markets in Asia as well as Europe will remain closed. Barring an upside surprise in U.S. consumer price data on Wednesday, the dollar has limited room to rise against the yen from current levels, they added. Meanwhile, the New Zealand dollar slumped 0.6% to $0.6238, and the Aussie slipped 0.21% to $0.6660.

☆ Yen sinks as rates outlook diverges; New Zealand dollar tumbles
▼ + stars: | 2023-04-10 | by ( ) www.cnbc.com time to read: +2 min

Yen, euro and U.S. dollar banknotes of various denominations. Meanwhile, the risk-sensitive New Zealand and Australian dollars weakened amid heightened U.S.-China tensions over Taiwan, with Beijing a key trading partner for the Antipodean nations. The yen slipped 0.4% against the U.S. dollar to 132.70, extending its decline from Friday, when data showed the U.S. economy continued to add jobs at a brisk pace in March. Barring an upside surprise in U.S. consumer price data on Wednesday, the dollar has limited room to rise against the yen from current levels, they added. Meanwhile, the New Zealand dollar slumped about 0.7% to $0.62325, and the Aussie slipped 0.13% to $0.6665.

☆ Inside Nike: Sources share claims of sexism, cheating, abuse at the world's wokest brand
▼ + stars: | 2023-04-05 | by ( Joshua Hunt | ) www.businessinsider.com time to read: +51 min

The conservative blowback came as no surprise to Parker, who told Nike's board of directors to expect some short-term backlash. In late 2014, the BBC sent a film crew to Portland to interview several former Oregon Project employees. "He would be at the side of the track calling out runners' splits but wouldn't call Kara's out," Adam Goucher told me. When people asked why she left the Oregon Project, she said it was a "personal decision." "I don't think it has anything to do with who the CEO is," Goucher told me.

☆ Is Jamie Dimon the most powerful person in finance?
▼ + stars: | 2023-03-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Insider's Carter Johnson has a story on one executive whose profile continues to rise: Jamie Dimon. Carter's story got me thinking: Who's the most powerful person in finance? Warren Buffett: Before you jump down my throat, realize this is a list of the most powerful people in finance not on Wall Street. Place your vote here — or name someone else — for who you think is the most powerful person in finance. The bank was hit with a nearly $100 million fine for letting a foreign bank make prohibited transactions, The Wall Street Journal reports.

☆ Stocks could be shaky in the week ahead as sigh-of-relief rally runs its course
▼ + stars: | 2023-03-31 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

The stock market is about to enter one of the seasonally strongest months of the year, but volatility could persist in the week ahead with fading momentum and a big jobs report. The stock market is closed that day to observe Good Friday. Week ahead calendar Monday 10:00 a.m. Construction Spending, Feb. 10:00 a.m. ISM Manufacturing, March Tuesday 10:00 a.m. Factory Orders, Feb. 10:00 a.m. JOLTS, Feb. Wednesday 7:00 a.m. Mortgage Applications 8:15 a.m. ADP, March 8:30 a.m. Trade Balance, Feb. 10:00 a.m. ISM Service, March Thursday Earnings: Constellation Brands 8:30 a.m. Initial claims Friday The stock market is closed for Good Friday 8:30 a.m. Nonfarm Payrolls

☆ Goldman Sachs isn't getting a new private jet, but are there better places to cut costs on Wall Street?
▼ + stars: | 2023-03-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

If there is a senior Goldman Sachs' executive in your life, please keep them in your thoughts and prayers. Insider's Dakin Campbell has the scoop on Goldman nixing plans to buy a third corporate aircraft under CEO David Solomon. So as the bank has looked to cut costs this year more broadly, the private jets, naturally, were a topic of discussion. I will say, I think corporate jets have been unfairly labeled as the poster child for excessive spending at the corporate level. Now, regional banks are looking to serve the firms looking for a new banking home, per The Wall Street Journal.

☆ TikTok CEO Shou Zi Chew has the internet eating out of his hand
▼ + stars: | 2023-03-25 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

Well, court filings have laid bare the company's excessive spending habits on luxury estate, hotels and, of course, a yacht. Shou Zi Chew said the average TikTok user was "an adult well past college age." Wall Street says TikTok CEO Shou Zi Chew had a "disaster" day in Congress. Wall Street may have dubbed Chew's testimony a "disaster," but by the end of it, Chew had the internet eating out of his hand. Google Bard is already behind in the AI wars.

☆ ‘Master Slave Husband Wife’ Review: To Freedom Together
▼ + stars: | 2023-03-06 | by ( Priscilla M. Jensen | ) www.wsj.com time to read: 1 min

We throw a lot of dramatic vocabulary around these days. “Transgressiveness” has become more culture-war triteness than shock. An unexpected coincidence is “ironic.” Anyone who buttons up a uniform risks being called a hero, and death, if you go by the headlines, is about 100% tragic. One unfortunate effect of such triviality is how easy it becomes to miss stories of real human achievement and undeniable heroism. In the strikingly titled “Master Slave Husband Wife,” writer and historian Ilyon Woo recounts the almost-forgotten story of the “self-emancipation” of Georgia slaves William and Ellen Craft, in a narrative of such courage and resourcefulness it seems too dashing to be true.

☆ Girl Scouts’ sold-out cookie is available on eBay. The Scouts are not pleased
▼ + stars: | 2023-03-03 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +2 min

New York CNN —The Raspberry Rally Girl Scouts cookie, a raspberry-flavored version of the beloved Thin Mint, was always supposed to be a limited edition item. The new Girl Scouts cookie sold out in hours. But profits from the resale market don’t go to Girl Scouts, which said it was “disappointed” that the products are now available through other vendors. “Girl Scouts of the USA, your local Girl Scout council, and our licensed cookie bakers cannot guarantee the freshness or integrity of cookies bought through unauthorized sites.” To buy cookies from Girl Scouts directly, customers should use the Cooke Finder on the Scouts’ website, Girl Scouts said. “We strongly support the entrepreneurial spirit of hardworking local Girl Scout troops and encourage cookie-seekers to also support their local Girl Scouts,” eBay said in a statement to CNN.

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