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Evidence Cannabis Brand: Damian Marley, Nabil Elderkin Highlight Need For Prison Reform

This article was originally published on HoneySuckle Magazine and appears here with permission. read more.....»»

Source:  benzingaCategory: blog~17 hr. 5 min. ago Related News

Promising Psychedelic Therapy Legislation Set To Make Waves In 2022

This article was originally published on Psychedelic Spotlight and appears here with permission. read more.....»»

Source:  benzingaCategory: blog~17 hr. 5 min. ago Related News

The Flow State: A Revealing Conversation With Cannabis Edutainer Brooke Burgstahler

This article was originally published on The Bluntness and appears here with permission. read more.....»»

Source:  benzingaCategory: blog~17 hr. 5 min. ago Related News

What Is The Most Expensive Weed In The US?

This article was originally published on Goldleaf and appears here with permission. read more.....»»

Source:  benzingaCategory: blog~17 hr. 5 min. ago Related News

Are Weed Drinks Actually Good Alcohol Replacements?

This article by Lorena Cupcake was originally published on Weedmaps and appears here with permission. read more.....»»

Source:  benzingaCategory: blog~17 hr. 5 min. ago Related News

"Spider-Man: No Way Home" Silences "Scream" To Retake Top Spot At Box Office

One week after losing the berth as the nation’s top grossing weekend box office hit to “Scream,” “Spider-Man: No Way Home” took back the leadership role as the most popular film among American moviegoers. read more.....»»

Source:  benzingaCategory: blog~17 hr. 5 min. ago Related News

Leading Capital Markets Protocol On Algorand Blockchain Closes $3M Seed Funding Round

A leading capital markets protocol for borrowing and lending built on top of the Algorand (CRYPTO: ALGO) blockchain has announced the closing of a $3 read more.....»»

Source:  benzingaCategory: blog~17 hr. 5 min. ago Related News

Why Can’t People Talk About Their Money?

A Q&A with personal-finance adviser and author Paco de Leon on facing your financial fears, learning the art of salary negotiation and why investing in crypto is a form of “schmuck” insurance......»»

Source:  washpostCategory: top~17 hr. 5 min. ago Related News

Couch Guy to West Elm Caleb: Inside the making of a TikTok ‘villain’

What began as a way for young women to share their qualms with West Elm Caleb — or any other not-so-kind date — muddled the line between support and ridicule, with hordes of commenters and content creators jumping on board......»»

Source:  washpostCategory: top~17 hr. 5 min. ago Related News

Sunday links: expert intuition

MarketsMarket-related Google searches are on the rise. (visualcapitalist.com)How Netlifx ($NFLX) explains the market over the past couple of years. (theirrelevantinvestor.com)Don't overthink it when looking at historical financial market returns. (awealthofcommonsense.com)StrategyTen rules for dealing with a market correction including 'Find something else to focus on.' (thereformedbroker.com)Why paranoid investors tend to survive. (collaborativefund.com)The problem with calling for a market crash. (pragcap.com)Piggybacking on other investor ideas comes with its own problem. (rationalwalk.com)FinanceThe unwinding is going to take its toll on startup valuations. (500ish.com)In a down market, private equity turns back to the debt market. (ft.com)PolicyBig states are sitting on big budget surpluses. (wsj.com)The problem of racial wealth inequality in the U.S. is long standing. (thereformedbroker.com)On the economic after-effects of pandemics. (ritholtz.com)Disability payments have funded the increase in people out of the work force. (wsj.com)How health insurance coverage for children helps mothers. (papers.ssrn.com)EconomyWhy the labor economy is so tight. (wsj.com)Is the Fed making a (big) policy mistake? (ryanavent.substack.com)The economic schedule for the coming week. (calculatedriskblog.com)Earlier on Abnormal ReturnsTop clicks this week on the site. (abnormalreturns.com)What you missed in our Saturday linkfest. (abnormalreturns.com)Coronavirus links: not game over. (abnormalreturns.com)Learning from your money mistakes. (abnormalreturns.com)Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)Mixed mediaWhy Wordle is different. (annehelen.substack.com)More content keeps going behind the paywall. (axios.com)Seth Godin, "Sorting adds value." (seths.blog).....»»

Source:  abnormalreturnsCategory: blog~19 hr. 5 min. ago Related News

How Far Will Bitcoin Fall? Crypto Analyst Benjamin Cowen Identifies The Bottom

As the world's apex cryptocurrency kicks off 2022 with a dizzying collapse, analyst Benjamin Cowen says that $30,000 may be the bottom for Bitcoin (CRYPTO: BTC). read more.....»»

Source:  benzingaCategory: blog~19 hr. 5 min. ago Related News

Here"s Why Tony Zhang Thinks Microsoft"s Stock Is Primed For A Recovery

Shares of Microsoft Corporation (NASDAQ: MSFT) declined by 1.85% to close trading Friday at $296.03 amid a broader tech selloff. read more.....»»

Source:  benzingaCategory: blog~19 hr. 5 min. ago Related News

The Week Ahead In Biotech (Jan 23-29): Roche, Azurity FDA Decisions, J&J, Vertex Earnings, Samsara Vision IPO And More

Biotech stocks pulled back yet again during the week ending Jan. 21, with the sector retreating along with the broader market. The news flow tapered off following the frenetic pace of the week that encompassed the JPM Healthcare conference. read more.....»»

Source:  benzingaCategory: blog~19 hr. 5 min. ago Related News

Apple Supplier Foxconn Sees 2022 As "Challenging" While Bringing "Opportunities Not Seen In Decades"

Apple, Inc.'s (NASDAQ: AAPL) contract manufacturer Hon Hai Precision Industry Co., Ltd. (PNK: HNHPF) issued positive commentary on demand outlook, which has hopeful implications for many U.S. tech companies. read more.....»»

Source:  benzingaCategory: blog~19 hr. 5 min. ago Related News

Canna-Business 101: Building And Defining Your Cannabis Brand Identity

This article was originally published on Cannabis & Tech Today and appears here with permission. read more.....»»

Source:  benzingaCategory: blog~19 hr. 5 min. ago Related News

The Inside Story Of How Bill Gates And Microsoft Earned A 400% Return On Comcast

Bill Gates and Microsoft Corporation (NASDAQ: MSFT) recognized the true potential of high-speed data and video services through a cable delivery network back in the 1990s. read more.....»»

Source:  benzingaCategory: blog~19 hr. 5 min. ago Related News

EXCLUSIVE: Dogecoin Co-Creator Billy Markus On The Negatives Of Cryptocurrency, NFTs And Elon Musk

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus recently joined Benzinga’s “Moon or Bust” to share his story of creating Dogecoin, how he’s involved today and what he thinks of Elon read more.....»»

Source:  benzingaCategory: blog~19 hr. 5 min. ago Related News
Source:  benzingaCategory: blog~19 hr. 5 min. ago Related News

Sha"Carri Richardson Documentary To Premiere At Sundance Film Festival

By Franca Quarneti, Via El Planteo. read more.....»»

Source:  benzingaCategory: blog~19 hr. 5 min. ago Related News

Wall Street’s Big Payday Makes the Fed’s Job Harder

Compensation for higher-skilled positions is starting to show rapid increases, threatening to turbocharge a new phase of inflation......»»

Source:  washpostCategory: top~19 hr. 5 min. ago Related News

Former UK Cabinet minister advised private equity firm on £1.3 billion project before taking job as consultant

Alun Cairns, former Welsh Secretary, advised a firm on investing in a government scheme he helped run, then took a £30,000-a-year job as an advisor. Alun Cairns and Boris Johnson in July 2019.Frank Augstein - WPA Pool/Getty Images Alun Cairns met Elite Partners Capital Partners during a holiday in Singapore and discussed the Swansea Bay City Deal. The former Secretary of State for Wales later took a £30,000-a-year job with Elite Partners Capital. Cairns told a watchdog he had only incidental contact with Elite, though documents suggest much more. A former Cabinet minister took a job with a Singaporean private equity firm after giving it advice on securing investments in a £1.3 billion government-backed programme that he had direct oversight of.Documents obtained by Insider shed light on how Alun Cairns, a Conservative MP, got the £30,000-a-year side job, and the work he did to support the firm's goals while in office.They offer an insight into the limited scrutiny of how ministers sell their services after leaving office, and may further the widespread doubts about the effectiveness of the UK system of checks and balances. The Labour Party told Insider Cairns "has serious questions to answer" over whether the work is appropriate.Cairns met Elite Partners Capital in Singapore while on a family holiday in August 2019 to discuss details of the Swansea Bay City Deal, per the documents.The Swansea deal is a £1.3 billion programme of investment projects between the UK Government, the Welsh Government, local authorities, and private investors. As Secretary of State for Wales, the city deal was one of Cairns' ministerial responsibilities.Minutes of the meeting, taken by a Department of International Trade official working in Singapore, detail the specific support Cairns gave to Elite. The minutes were obtained by Insider through a Freedom of Information request.Elite was looking to invest in the Swansea City Deal programme, specifically the Swansea City and Waterfront Digital District project, the minutes show. The firm had already visited Swansea twice and was working through its due-diligence process. A meeting objective was for "EPC to be reassured of additional support" from the UK government.Cairns gave Elite details on delays to the Swansea City Deal, and supported its proposal to seek a commitment to become a long-term partner of Swansea Council. He said such a partnership would have "real value".The minutes conclude that the Wales Office would produce a fact sheet for Elite with information on the attractiveness of different projects, along with UK employment data.Cairns' private office — composed of officials working on his diary management and correspondence — was to see if he could provide a tour of Parliament to Elite executives on a visit to the UK later that month. It is unclear if such a tour did go ahead. Further government assistance was to be offered by the Department of International Trade in arranging meetings with senior officials at the Treasury and HMRC (the UK's tax revenue and customs agency) to discuss tax regimes.However, Cairns told the committee responsible for examining ex-ministers' jobs about none of the support he had given Elite in any detail while seeking official approval to take up a second job with Elite some months after quitting the front bench.In March 2021, Cairns told the Advisory Committee on Business Appointments (ACOBA) that he had no involvement in policy development, decisions related to the company, contractual, or commercial decisions. The former minister made no reference to the £1.3bn project in Swansea.Cairns told ACOBA his meetings were to "highlight City and Growth Deal policies around Wales and the UK."He said he was unaware of "Elite Partners Capital investing in any City or Growth Deal plan or in seeking government assistance" in documents sent to ACOBA in connection with the role.The Vale of Glamorgan MP also told the arms-length moderating committee his role was to "champion investment opportunities in general", and that he had no role in contractual or commercial decisions.He said that "if any organisation wanted to pursue an investment opportunity further, they were passed to the Welsh Government or to the local City or Growth Deal team to develop further."Cairns's former department, the Wales Office, did not reject Cairns' claim to only ever have promoted investment opportunities in general terms in material it sent to ACOBA.It supported Cairns's claim that he made no regulatory or policy decisions that would have affected the firm, even though he was responsible for the investment programme in question.Cairns's request for approval from ACOBA of his job with Elite was granted. He joined Elite in June 2021 as an advisor to the board on "economic and political developments in the UK that could impact the group's international investments." He declared an annual income from Elite of £30,000 for up to 84 hours work, an hourly rate of at least £357.Cairns' office did not respond to several requests for comment. It is unclear whether Elite has actually invested in the Swansea City Deal programme, but most projects in the Swansea Bay City Deal are not yet at the stage of receiving private investment.A spokesperson for the Wales Office declined to comment. An ACOBA spokesperson told Insider it did "not consider any further action is required." The opposition Labour party said Cairns has "serious questions to answer" after Insider's findings.Jo Stevens MP, the shadow Welsh Secretary, told Insider: "Alun Cairns was cleared by ACOBA to take up his £30k-a-year second job with Elite after he submitted that his previous involvement with the company was very limited.""But the notes of his meeting with Elite whilst on a family holiday in the Far East, and the detailed actions he promised to take up for them afterwards, mean that he has serious questions to answer."These rules exist to ensure that when former ministers take up second jobs, there are no suspicions about improper influence or conduct."Parliamentarians and campaigners have long been critical of ACOBA. On January 11, Lord Jonathan Evans, the chair of the Committee on Standards in Public Life, told a Parliamentary committee that ACOBA "doesn't have the teeth that it needs."The ACOBA chair, Lord Eric Pickles, has conceded how little it can accomplish, saying in April 2021: "ACOBA is not a watchdog, not a regulator. It has a very limited and defined role." It is more than two years since Cairns left his ministerial job, which brings looser rules. He is now free to lobby the UK government on behalf of Elite, and advise them on "work with regard to any policy [Cairns] had specific involvement or responsibility for as Secretary of State of Wales", according to the advice letter stating the committee's approval of the job sent by ACOBA to Cairns in April 2021.There is no suggestion of wrongdoing by Elite. The firm did not respond to requests for a comment.As Insider reported in June 2021, one of Elite's investments in the UK is a £500 million property portfolio of 155 offices across the country, 99% of which are leased to the UK government. The primary occupier is the Department of Work and Pensions, which operates Jobcentres and back offices from the leased buildings. Elite also runs several other funds.Read the original article on Business Insider.....»»

Source:  nytCategory: world~19 hr. 21 min. ago Related News

Some egg donor agencies advertise $275,000 paychecks on social media — but the rigorous process is a far cry from making a "quick buck"

From self-administering daily hormone shots to enduring rigorous testing, egg donors work for "every single penny," recent donors told Insider. Brigitte Adams looks at an ultrasound of her pregnancy at the Center for Fetal Medicine in Los Angeles, CA. After her own frozen eggs failed, she is pregnant with a donor egg and donor sperm.Carolyn Van Houten/The Washington Post via Getty Images Egg donor advertisements tout life-changing paychecks of up to $275,000 on social media.  But agencies and donors both agree that the process should not be confused as an easy way to make money. From giving yourself hormone shots to rigorous testing, here's what it's like to be an egg donor. The complex nature of the egg donation business is baked right into the name. A careful balancing act between the monetary and altruistic, egg donors are not supposed to be overly motivated by their paycheck.Of course, many are. After all, it's not just a donation — it's work.Both physically and emotionally tolling, egg donation is "in no way a process by which you can make a quick buck," four-time egg donor Gina-Marie Madow told Insider. "You work for every single penny there."The role of money in the $1 billion egg donation industry was decided in a 2016 class-action lawsuit, when a group of egg donors sued the American Society for Reproductive Medicine to eliminate its $10,000 compensation cap per donation.As a result, today donors can make much more than $10,000 a cycle, as evidenced by a quick Google search or a scroll through social media, where posts advertise upwards of hundreds of thousands of dollars. Many women choose to use the money to pay off student loans or go to graduate school, including two donors interviewed by Insider. "As an egg donor, you can receive up to $48,000 and help fulfill a family's dream," one Instagram ad from Fairfax Egg bank reads.Egg donor ads use big numbers to catch social media users' attention — but they don't always tell the full story.Facebook Ad LibraryThe advertisement features a young, blonde woman wearing a pink sweater and pearl hair clip. Smiling, she picks up the phone, immediately receives an orange pill bottle which she playfully shakes before she grabs her car keys and ... voila, a paycheck arrives. While advertisements like these may not be untrue, they don't show the full picture and can at times be misleading, said Madow, who is now the Director of Legal Services at ConceiveAbilities, an egg donor and surrogacy agency. Often, the compensation advertised is the payment for multiple donations — not just one. The Society for Ethics for Egg Donation and Surrogacy (SEEDS), a nonprofit working to define a set of ethical standards for egg donation and surrogacy programs, suggests monetary agreements should not "be dominating the ad nor in presentation format to call undue attention over other elements of the ad."However, "it's a delicate balance with finding the right way to attract women to their website," according to Madow. "It's up to the donor to ask really good questions and the agency to educate her honestly so that she knows what she's getting into."What donors are offering is really priceless. And they are very much aware of what their value is to future parents. Gail Sexton Anderson, founder of Donor ConciergeAdvertisements offering $100,000 per cycle or more usually come from confidential private clients or individuals searching for donors with a very specific set of characteristics. "I just think that those ads are not meant to attract the most qualified donor," Rachel Campbell, Circle Surrogacy's Manager of Egg Donation, told Insider. "They're meant to attract the donor who is in this for the money."Ultimately, it falls on the donor herself to fully understand what she's signing up for. On the agency side, personality tests and psychological evaluations help agencies determine if the donor is emotionally ready for the commitment, according to Donor Concierge founder Gail Sexton Anderson.But the long-term health effects of egg donation are still unknown due to the lack of research in the space, Anderson added.Women have reported developing breast cancer, fertility loss, and colon cancer following donation. For years, scientists have called for a mandatory national egg-donor registry and long-term data collection to better understand risks, which has yet to come to fruition. What's required to become an egg donorBefore all else, the donor's application must be approved and pre-screened in order to start the process. This requires genetic and fertility tests, medical screening, blood work, ultrasounds, and mental health assessments.Once approved, donors wait to be matched with a prospective parent — a process that can take days or months depending on how "in-demand" their characteristics are. Agency clients can filter down details like number of degrees, hair and eye color, height, and even religion. Most clients are "looking for someone who reflects you as much as possible," Anderson explained. "It's something that helps the intended parent to feel a little bit more at ease or in control of something that they have no control over."The matching process can range from anonymous or semi-anonymous to known. While first-time egg donor Eleanor Houghtaling told Insider she preferred her donation's anonymity, Madow said her favorite part about donating is getting to know the family she's helping.After a donor is matched with a client, the cycle begins. A full donation cycle typically requires two to three weeks of self-administered daily hormone injections, followed by around a month of screenings and monitoring appointments. Once the donor is medically and legally cleared for egg retrieval, the surgery is scheduled. During retrieval, the donor is placed under a mild anesthesia, and needle is stuck through the vaginal wall and into the ovaries to collect an average of 15 to 20 eggs, Parents.com reported. "The most difficult part of the process is physically taxing," Madow told Insider. "It's not fun injecting yourself with hormone medication and having a surgical procedure under anesthesia."She continued: "It's a commitment for a couple of months to get through the process, but it has a lifelong impact."Read the original article on Business Insider.....»»

Source:  nytCategory: world~19 hr. 21 min. ago Related News

Hotels across the US are using room-service robots to act as receptionists and deliver food, amid staffing shortages

As the labor shortage continues to pose problems, guests are increasingly being served by robots who act as receptionists or food couriers. A Savioke robot delivering items to a hotel guest.Photo By Liz Hafalia/The San Francisco Chronicle via Getty Images Hotels across the US are using room-service robots to help ease the effects of the labor shortage.  The robots deliver food or items to hotel guests and are always available.  They help hotel staff focus on crucial tasks like operating the front desk, per Fox Business.   Hotels across the US are using room-service robots to deal with staffing issues caused by a perpetual labor shortage.  The robots, created by Savioke, carry out simple tasks such as delivering meals or other items to guest rooms, Fox Business reported.Savioke CEO Steve Cousins told Fox Business in an interview that the robots allowed hotel staff to focus on crucial tasks, like manning the front desk, at a time when staff levels remain at record lows. Businesses in many industries are suffering from the effects of the labor shortage. Some have had to hike pay or slash operating hours, due to fewer levels of staff. In his discussion about the robots with Fox Business, Cousins said: "It's much more valuable for the front desk staff to be checking people in than to be running stuff up to a room." He added: "If the hotel manager has to come out and help you do deliveries, they're not selling rooms, which is their primary job."According to the outlet, the robots are available at any time on any day. Cousins said the robots do not replace workers but are an added "arsenal," which hotels count on for additional support. He added that hotels from New York to California have put down orders to purchase the robots. According to a statement on Savioke's website, the company "creates and deploys beautifully simple. sophisticated, and friendly service robots that work safely, securely, and reliably in human environments."Though it's becoming more common for businesses to use robots to tackle staffing issues, some say that there are drawbacks. This includes robots running away from guests wearing lots of jewelry or chatting too much.   Read the original article on Business Insider.....»»

Source:  nytCategory: world~19 hr. 21 min. ago Related News

A former Hollywood ad producer who now lives on Airbnb shares her top tips for long-term travel and nomadic living

After the death of her father, Denise Netzley used her inheritance to move out of Los Angeles and spend six months living in Mexico and South Africa. Denise Netzley embracing nomadic living.Denise Netzley Airbnb is seeing users book longer stays, with 20% of nights booked for a month or more. One long-term traveller told Insider she has been living on Airbnb for the past six months. Although she's funding the trip with an inheritance, her monthly costs are comparable to her former rent. The decision came — as life-changing ones tend to do — in the middle of the night.It was January of last year and Denise Netzley said she had been thinking for several weeks about moving out of her apartment in Los Angeles and living for the foreseeable future on Airbnb."I woke up," she told Insider, "and I was just like, 'Yeah, I'm doing this, 100% I'm doing this.'"The following morning she started getting rid of what belongings she could, moved the rest into storage, and made reservations on Airbnb.At 59 years old, Netzley had some savings from a career producing ads for Hollywood films, followed by a personal assistant business that was winding down. She also received an inheritance following the death of her father three years ago, which she said made the whole plan possible.Denise NetzleyDenise NetzleyIn becoming a full-time Airbnb guest, Netzley was joining a growing set of power users who are booking longer and longer reservations on the platform.Company data show that roughly a fifth of nights booked were for stays longer than a month, CEO Brian Chesky said in a recent Twitter thread in which he announced that he too is now "living on Airbnb."The first reservation Netzley made was the one where she's currently living — in her father's birthplace of Kansas City, Missouri. From there she worked backwards, filling in the months with stays in Mexico and South Africa.In making the reservations, Netzley discovered by accident that some hosts offer discounts ranging from 15% to 50% when a reservation passes a certain length.In May of last year, Netzley handed over the keys to her LA apartment and departed for a six-week stay in Playa Del Carmen, Mexico."The first few days there I was completely overwhelmed, a fish out of water," she said. "But after the first week I got the lay of the land and I got comfortable enough to rent a car and start taking these day trips to different places, like Tulum."Denise Netzley in South Africa.Denise NetzleyNetzley's advice to similarly out-of-water fish is simple: "Sit at the bar in any restaurant when you go, people are going to be more inclined to be conversational. The bartender is going to help make connections. I just always sit at the bar almost anywhere I go."She spent August in a Kansas City neighborhood that she was considering to live post-travel before jetting off to Cape Town where a condo in a ten-unit building became her two-month base-camp for shorter jaunts around Africa."I found that I like having a home base," she said. "I just love the idea that I didn't have to schlep everything. I could just take a small bag and leave my stuff."Netzley added that she was able to get by with bringing about half the amount of stuff to Africa that she had brought with her to Mexico.And although she wasn't keeping a close eye on her budget, the purchasing power of the US dollar overseas meant that she was effectively living at a similar or lower monthly cost to what she would have paid in rent and expenses had she simply stayed in LA.On her way back to the US in December, she passed through Uganda and went on a gorilla trek that she said was the "absolute pinnacle" of the six-month journey.Now back in Kansas City at the same Airbnb host she stayed with in August, Netzley says she's "at a crossroads" trying to determine how she can continue to support her future travels, including launching a new business idea.Before she had set out in the first place, she had decided not to become attached to the inheritance money from her father, and now she's determined not to let this new business take over too much of her life."I've discovered in this travel — and in this year — that there's so much joy out there," Netzley said." I would never give up that for money, ever."Read the original article on Business Insider.....»»

Source:  nytCategory: world~19 hr. 21 min. ago Related News

Barrett-Jackson 2022: CEO expects biggest event in 50-year history

Headed into the 2022 Arizona Auto Week, the classic car market is as high as it has ever been and the biggest auction is expecting big numbers in attendance and sales......»»

Source:  bizjournalsCategory: top~19 hr. 21 min. ago Related News

Sterling Bay gearing up to break ground at Lincoln Yards

Chicago-based developer Sterling Bay is getting ready to break ground for a new development at Lincoln Yards......»»

Source:  bizjournalsCategory: top~19 hr. 21 min. ago Related News

Slideshow: Heartbreak at Nissan Stadium as Titans lose to Bengals

The return of Derrick Henry wasn't enough to keep the Tennessee Titans' Super Bowl dreams alive on Saturday......»»

Source:  bizjournalsCategory: top~19 hr. 21 min. ago Related News

American Megabanks Including Citi & JPM Order Workers Back To The Office In London & NYC

American Megabanks Including Citi & JPM Order Workers Back To The Office In London & NYC In the latest sign that the "elites" have finally had enough of pretending to care about COVID safety precautions, two American megabanks announced on Friday new plans to recall workers to the office. First, Citigroup (which unveiled a draconian vax mandate earlier this month with a deadline of compliance that has already passed) emailed a notice to staffers in the Greater NYC area asking them to start preparing to return to the office. It even set a preliminary date of Monday, Feb. 7 as the new 'first day back' for offices in NY, NJ & CT. Citi has said it plans to continue to closely monitor local health data wherever it has offices across the US. Meanwhile, across the pond, the bank has asked its London staff to report to their office desks at least three days a week once the British government has finally decreed that Britons no longer need to work from home, according to Bloomberg. For the record, the NYC-based bank asked its workers to revert to working from home at the start of the year as the US CDC's case numbers soared. Citigroup has long said it will embrace remote work even after the pandemic subsides, and that the majority of its workers will be able to work from home some times - although they will still need to report to the office, too. JP Morgan, meanwhile, has joined "a flurry of banks" telling staffers to get ready to head back into their offices in London once PM Boris Johnson finishes rolling back "Plan B" COVID restrictions - including COVID-19 passes, mask mandates, and work-from-home requirements - in England. JPM, which just revealed that it's hiking the pay of Chairman/CEO Jamie Dimon, told staff in a memo (a copy of which was seen by Bloomberg) on Friday that it expects them to work "at least some days in the office every week" starting Feb. 1. The firm strongly encouraged staff to get vaccinated, but said that it isn't a requirement to enter the building (unlike its buildings in Manhattan). While at least one "expert" quoted by BBG said staffers might be "reluctant" to return, others - including some of the bank's traders - never actually left. While key workers including some traders have never left the office, many staff have been working remotely since the U.K. government introduced guidance to do so in December when the omicron variant was spreading rapidly. That was unwound on Wednesday and rules mandating people wear face masks in shops and on public transport will be dropped from Jan. 27. […] That may be easier said than done. Allison English, deputy chief executive officer of workplace research firm Leesman, predicts that some employees will be reluctant to return. "After two years at home, readapting to the office and bringing back commuting is going to throw some people off kilter," she said in an interview. "Sudden change is difficult and that can have an impact on employees' well-being and pose operational challenges for employers.'" This is great news for the City of London, where shops, restaurants and other small businesses have suffered due to the area becoming like "a ghost town" for the past two years. But with DB, HSBC, Lloyds and practically every other bank operating in the City calling workers back to the office, establishments that had until recently seemed practically abandoned will likely be booming again. Tyler Durden Sun, 01/23/2022 - 09:55.....»»

Source:  zerohedgeCategory: blog~19 hr. 49 min. ago Related News

(R)evolution

(R)evolution.....»»

Source:  zerohedgeCategory: blog~19 hr. 49 min. ago Related News

As Cryptos Implode, Dogecoin Co-Founder Billy Markus Says Crashes In Crypto Happen "A Lot"

The overall cryptocurrency market remains in the red on Sunday,  the world’s biggest cryptocurrency Bitcoin (CRYPTO: BTC) is trading at $35,715.09 down 17.15% in the past 7 days. read more.....»»

Source:  benzingaCategory: blog~20 hr. 21 min. ago Related News

What Does It Feel Like To Lose $25B In One Week? Ask Elon Musk

While investors in both traditional and the crypto markets are feeling some pain at the start of 2022, the biggest loser so far has been the world’s richest man Tesla Inc (NASDAQ: TESLA) CEO Elon Musk, who’s net worth dropped by 9% last week, a whopping $25.1 billion. read more.....»»

Source:  benzingaCategory: blog~20 hr. 21 min. ago Related News

A Tale Of Two Chip Stocks: Intel, Texas Instruments Get The Ball Rolling For Semiconductor Earnings

Intel Corporation (NASDAQ: INTC) and Texas Instruments Incorporated (NASDAQ: TXN) report quarterly results this week, marking the beginning of the big tech earnings season. Latest Ratings for INTC DateFirmActionFromTo Jan 2022CitigroupMaintainsNeutral Jan 2022KeybancDowngradesOverweightSector Weight Jan 2022Northland Capital MarketsUpgradesMarket PerformOutperform View More Analyst Ratings for INTC View the Latest Analyst Ratings read more.....»»

Source:  benzingaCategory: blog~20 hr. 21 min. ago Related News

CNBC"s Final Trades: Verizon Communications, UnitedHealth Group, ON Semiconductor And This Mining Company

On CNBC’s “Halftime Report Final Trades,” Jenny Harrington of Gilman Hill Asset Management said Verizon Communications Inc (NYSE: VZ) was at “a wonderful spot read more.....»»

Source:  benzingaCategory: blog~20 hr. 21 min. ago Related News

Which Will Happen First, Bitcoin At $100K Or Dogecoin At $1? The Choice Is Clear

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. read more.....»»

Source:  benzingaCategory: blog~20 hr. 21 min. ago Related News

Austin drone operator captures intriguing first photos of Tesla Model Ys at Gigafactory Texas

The vehicles may have been produced for crash-test purposes......»»

Source:  foxnewsCategory: market~20 hr. 21 min. ago Related News

The Reset That Biden and His Party Need

The Electoral Count Act of 1887 desperately needs an update, and Republicans are open to the idea......»»

Source:  washpostCategory: top~20 hr. 21 min. ago Related News

Infrastructure Week, But for the Pandemic

If Congress wants to pass legislation in response to omicron, it should focus on the next pandemic, not the current one. .....»»

Source:  washpostCategory: top~20 hr. 21 min. ago Related News

From Target to Supreme, Branding’s Latest Obsession Is Collaboration

Brand partnerships used to be sparing, targeted — special, even. But as subcultures flourish, no new collaboration is too zany......»»

Source:  washpostCategory: top~20 hr. 21 min. ago Related News

China"s Censors Ban Hollywood Films As Beijing Builds Its Own "Movie Empire"

China's Censors Ban Hollywood Films As Beijing Builds Its Own "Movie Empire" Despite the franchises popularity with Chinese consumers, China's censors blocked all four of Disney's Marvel movies released last year from being shown in the Chinese market. The films contained nothing that would obviously anger China's censors (no references to Taiwan as an independent country were included in any of the four films), but as Axios points out, they were banned because of what they didn't include: mass messaging that would subtly support the CCP's long-term political aims. According to Axios, the CCP leadership and President Xi have set an ambitious goal of making China a "strong film power" by 2035. In the title of its post, Axios also described it as a "movie empire". And how could they accomplish this goal if domestic films don't dominate in their own backyard? Clearly, US films pose a serious threat to this. So instead, China's censors were given "the nudge" to raise objections about the films' unacceptable "political" overtones - despite the fact that these movies all take place in a fantasy universe with little bearing on humanity's reality. This CCP-ordered crackdown doesn't bode well for Hollywood, which has long treated China like a critical growth market. "It's a real turning away from the global entertainment industry," said Rebecca Davis, China bureau chief for Variety, who was quoted by Axios. Source: Axios Among the foreign films that did play in Chinese theaters last year, just 28% were released in 2021; most were older films. Typically, China's regulators allow about 34 foreign films to be shown in the country every year. The highest-grossing film in the Chinese box office in 2021 was a domestic feature film called the "Battle for Lake Changjin," what US outlets have described as a propaganda war film glorifying the PLA's battle against American forces during the Korean war. Now, Beijing's propagandists are turning to film to re-write the narrative of the pandemic: According to Axios, one recent film called "Embrace Again" uses China's most popular movie stars to amplify Beijing's preferred narrative of the pandemic as a heartwarming struggle of a people against a virus (while of course erasing government failures to contain the outbreak before it spread worldwide). The film dominated the New Year's box office. Hollywood now faces a difficult task: how can they make movies that Beijing will allow to be seen? Even more difficult: how can they accomplish this without angering American legislators and consumers by portraying the US in a negative light. Tyler Durden Sun, 01/23/2022 - 08:45.....»»

Source:  zerohedgeCategory: blog~20 hr. 49 min. ago Related News

German Government "Concerned" About Massive Anti-COVID Restriction Protests

German Government "Concerned" About Massive Anti-COVID Restriction Protests.....»»

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Lawsuit accuses Snapchat of "defective design" and "negligence" after CT girl, 11, dies of suicide

The Social Media Victims Law Center (SMVLC) has sued Snap, Inc., and Meta Platforms, Inc. on behalf of the family of 11-year-old Selena Rodriguez, who committed suicide in her Connecticut home on July 21, 2021......»»

Source:  foxnewsCategory: top~21 hr. 5 min. ago Related News

A Tale Of Two Chip Stocks: Intel, Texas Instruments Get The Ball Rolling For Semiconductor Earnings

Intel Corporation (NASDAQ: INTC) and Texas Instruments Incorporated (NASDAQ: TXN) report quarterly results this week, marking the beginning of the big tech earnings season. Texas Instruments is scheduled to report Tuesday after the close, and Intel will release its quarterly report the next day after the close. Here are Rosenblatt Securities' expectations concerning the first two big tech earnings to hit the wire. Intel to Report A Slight Beat Even as Challenges Remain:  Intel is likely to report a slight beat, driven by strong PC demand and a recovery in Enterprise & Government, analyst Hans Mosesmann said in a note. Sales and non-GAAP EPS are expected to come in above the consensus estimate of $18.4 billion and 91 cents, respectively. During the conference call, the analyst expects CEO Pat Gelsinger to discuss PC demand for 2022, industry-wide supply constraints and an update on the company's semiconductor fabrication plants (fabs), among other topics. Intel is likely to guide September quarter revenue and ...Full story available on Benzinga.com.....»»

Source:  benzingaCategory: earnings~21 hr. 21 min. ago Related News

How the US Navy"s "flight deck choreographers" keep aircraft carriers operating

Aviation boatswain's mates (handling), known as "yellow shirts," are at the center of the action aboard US Navy aircraft carriers. Aviation Boatswain's Mate (Handling) 3rd Class Bryan Labrador and Aviation Boatswain's Mate (Handling) 3rd Class Ralph Swan direct an aircraft onto a catapult aboard USS Nimitz, May 5, 2014.US Navy/MCS3 Siobhana R. McEwen Aboard US Navy aircraft carriers, a tight-knit group of men and women keep flight operations going. Aviation boatswain's mates (handling) are responsible for handling and maneuvering aircraft and keeping all personnel safe. Here's how "the yellow shirts" earn their colors. Flight deck operations on an aircraft carrier have been compared to a ballet. Anyone who is afforded the opportunity to observe flight deck operations on an aircraft carrier will instantly notice the assortment of colors worn by the personnel to specify their job.After watching how the flight deck operates for a while, it is clear, one jersey color is in charge of the big dance: yellow.Aviation boatswain's mates (handling), commonly known as yellow shirts, that work on the flight deck of the aircraft carrier USS Nimitz are directly responsible for the handling and maneuvering of aircraft as well as the safety of all personnel during flight operations. Any mistake or lack of better judgement can cause damage to equipment or injury to personnel on the flight deck."At first being a yellow shirt was scary, but now that I have some confidence I would say there is a sense of pride," said Aviation Boatswain's Mate (Handling) 3rd Class Melanie Cluck, from Palm Springs, California. "On the flight deck we are not only responsible for directing aircraft but also for directing people. Normally anyone who needs guidance on the flight deck looks for a yellow shirt. Safety of all the personnel on deck is a big part of our job as well. So we don't only need to know our job, but everyone else's as well."Aviation Boatswains Mate (Handling) 3rd Class Koren Forland operates a tow tractor aboard USS Nimitz, August 23, 2016.US Navy/MCS3 Samuel BaconBefore donning the sought-after yellow jersey, ABHs wear blue jerseys to indicate that they are currently in a more junior status.These sailors are normally newer airmen who have yet to acquire all of the necessary qualifications. Their main responsibilities during flight operations include chocking and chaining, running elevators and tractor operation."Being a blue shirt is hard work, but it makes you tough," said Airman Michael Lothrop, from Atlanta. "It's hot up there right now, and we work long days, but you have to be on alert at all times and ready to get the job done whenever you are needed."Blue shirts are normally covered in grease and always carrying something heavy, whether it be a chain, tractor bar or chock. They play a big part in the maneuvering of aircraft on the flight deck because they do most of the hands-on work.Aviation Boatswain's Mate (Handling) 1st Class John Bloomberg assists Airman John Blank during firefighting drills aboard USS Dwight D. Eisenhower, March 11, 2012.US Navy/Seaman Logan MeyerDuring their time wearing blue, they learn the ins and outs of properly directing aircraft, which helps build the foundation of a high-performance yellow shirt. Since the job requires demanding attention to detail and an extreme amount of knowledge to be performed well, the training and amount of hours a sailor needs to put in to become a yellow shirt is impressive."There are two main qualifications you get as a blue shirt, but from there it's all about if your chain of command sees you have the initiative to take on being a yellow shirt," said Cluck.The qualifications required are flight deck observer and directing and handling in addition to all the qualifications sailors are required to obtain when they report to Nimitz.The qualification requirements take roughly 12 weeks to complete. After the completion of required qualifications, sailors take a written and oral test administered by the flight deck leading petty officer (LPO), assistant LPO and any other yellow shirt qualified chief petty officers or first class petty officers who decide to attend.Aviation Boatswain's Mate (Handling) 1st Class Cameron Fisher directs an aircraft aboard USS Nimitz, June 13, 2013.US Navy/MCS2 Devin WrayOnce a sailor earns the right to wear the color yellow on the flight deck, they will enter a status of under inspection (UI). This means they need an experienced yellow shirt to help them along the way of becoming an expert at their new job on the flight deck."It's a case-by-case basis on how long the UI process takes," said Cluck. "The process is just there to make sure you fully understand what you are doing on the flight deck. It's extensive work to say the least, but it helps you build character. The goal of the process is just to build you up to be the great yellow shirt you are supposed to be."A UI yellow shirt is always accompanied by a seasoned mentor who is observing every signal and decision they make to ensure that they are learning the process.Yellow shirts have to communicate with pilots and other personnel working on the flight deck with hand signals to move aircraft onto the catapults and off of the landing area safely.Chief Aviation Boatswain's Mate (Handling) Jackie Valasco observes as Aviation Boatswain's Mate (Handling) 3rd Class Madeline Bettincourt signals a C-2A aboard USS Ronald Reagan, June 15, 2014.US Navy Photo"You have to be able to really get control of your aircraft and understand the pilot," said Cluck. "It's a gut feeling that you develop during your training, if you feel you need to slow the aircraft down you can, and you start to learn when exactly to turn it. We have hundreds of hand signals we can use to take control of the aircraft on deck. The people in the pilot seats are officers so you have to be professional and every motion you make has to be crisp and precise to prevent accidents."The working environment of a yellow shirt is unlike anywhere else on the ship. The yellow-shirt locker, or crew area, is on Nimitz' flight deck. A tight-knit group of men and women who spend their time out of the scorching heat joking, laughing and preparing to launch multimillion-dollar aircraft into the sky.It is here where the instructors of the world's most dangerous ballet reside. It is here, where the yellow shirts dwell, mentally preparing themselves to launch aircraft as their ship currently sits at the tip of the spear.This US Navy story was first published in August 2017.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~21 hr. 21 min. ago Related News

Organizers of the the anti-vaccine "Defeat the Mandates" rally in DC are nervous that it will "get out of hand"

Organizers of Sunday's anti-vaccine mandate rally appear nervous that the event could turn violent, social media messages show. Protest to stop vaccine mandates and passports in St Paul, Minnesota on September 26, 2021.Michael Siluk/UCG/Universal Images Group via Getty Images At least 20,000 people are expected to attend the 'Defeat the Mandates' march in DC on Sunday. Law enforcement officials have beefed up security in preparation for the rally, per CNN. Organizers of the event appear to be nervous that it could "get out of hand," social media messages show. Thousands of anti-vaccine mandate activists are expected to attend the "Defeat the Mandates: American Homecoming" rally on the National Mall in Washington, DC, on Sunday.According to the organizers, more than 24,000 people have said they're going to the demonstration. It starts in the morning at the Washington Monument and ends in the afternoon at the Lincoln Memorial.Law enforcement officials have already beefed up security for the large-scale protest, per CNN, due to fears that it could attract extremist groups. And it appears that the event organizers themselves are also nervous that the event, which is intended to be peaceful, could escalate into chaos akin to the Capitol riot on January 6, 2021.A statement published Thursday said the "Defeat the Mandates" organizers are hiring private security to work in unison with law enforcement officials to make sure the event remains non-violent. It added that it does not welcome extremist groups on "any side" or anyone who provokes violence.The organizers also provide detailed instructions to attendees on how to stop the demonstration from getting "out of hand," according to safety protocol guidance sent via Telegram and seen by Insider."We encourage everyone to be virtuous and peaceful and to de-escalate conflict," the guidance said."DO NOT ENGAGE" if anybody is "agitating" for violence, it continued, urging those marching to start video recording anybody trying to cause trouble. The advice also warns those attending not to cross security barriers, to report anything suspicious, and to look for "ways to escape in case things get out of hand."Insider reached out to the organizers, who offered to comment, but they did not reply in time for publication.Guidance issued by the New York Freedom Rally, a group affiliated with the "Defeat the Mandates" organizers, also offered words of caution to those traveling to DC."The media will paint anyone doing sit-ins or other disruptive behavior as insurrectionists," said the post, which was shared on social media and recirculated by the DC organizers. "We are here to peacefully gather, march and stand for freedom, nothing more." A post shared by New York Freedom Rally (@newyorkfreedomrally2) The trepidation that things could go awry is evident in online chatter from those attending too. In one Telegram group, a person wrote: "Unfortunately we are bound to have some people here trying to start trouble."Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~21 hr. 21 min. ago Related News

Elon Musk is set to give an update on future Tesla products. Here"s what to expect.

Musk will likely give an update on long-anticipated vehicles like the Cybertruck pickup, Roadster supercar, and Semi tractor-trailer. Tesla CEO Elon Musk unveiled the Cybertruck pickup in 2019. Now it could be in the works for 2023.FREDERIC J. BROWN/AFP via Getty Images Elon Musk said he will give an updated product roadmap on Tesla's next earnings call.  Tesla is set to report 2021 earnings on Wednesday.  Musk will probably discuss long-delayed vehicles like the Cybertruck pickup and Roadster supercar. Elon Musk sat out Tesla's last quarterly earnings call, but the CEO says he'll be back on Wednesday to give an update on the state of new vehicles coming down the pike. You can never be too certain what Musk will say — that's kind of his brand. But he'll likely speak on future Tesla models that have been in development for years but haven't yet materialized. After years of delays, Tesla fans, investors, and Wall Street analysts are all eager to learn when long-anticipated products like the Cybertruck pickup truck, the Semi truck, and the Roadster supercar will be rolling off of assembly lines. Wall Street analysts expect Tesla will post record revenue and profits for the fourth quarter of 2021, capping off the company's biggest year yet. Here's what to expect from Tesla's earnings call next week, and what we may learn more about from Musk: What Wall Street expectsAs far as the balance sheet is concerned, analysts polled by Bloomberg expect the company to post quarterly profits of $2.30 per share on revenues of $16.6 billion. That would be a big jump from the previous quarter's figures of $1.86 per share and $13.8 billion. CybertruckTesla Cybertruck and Cyberquad.Ringo H.W. Chiu/Associated PressEarlier in January, Tesla said it would start building the Cybertruck by the end of 2022 and start mass production in 2023. When the Cybertruck debuted in late 2019, Musk said it would enter production in 2021. There are some other details that need clearing up.Tesla recently scrubbed its website of Cybertruck pricing and model options. And Musk tweeted out that the pickup will initially be shipped with four motors, one more than he initially promised. How much the Cybertruck will cost and what sort of pickup buyers will receive is, at this point, up in the air.  What we do know is that Tesla intends to build the pickup at its upcoming plant near Austin, Texas. RoadsterTesla Roadster.TeslaTesla's first model was the Roadster, a sports car that sold for around $100,000 starting in 2008. The next-generation Roadster, unveiled in 2017, was supposed to ship to customers in 2020 as "the quickest car in the world." Those buyers — who have paid from $50,000 to $250,000 to reserve their electric supercar — will have to keep waiting.Musk recently said that Tesla should start pumping out Roadsters in 2023, "assuming 2022 is not mega drama." He's referring to the supply-chain tangles that have hobbled auto manufacturing since 2020.Tesla recently erased the supercar's pricing from its website. So once again, there's a lot we don't know.SemiTesla Semi truckTeslaTesla revealed the Roadster as a bonus during the debut of the Semi, a heavy-duty truck that the electric automaker also hasn't started mass producing yet. In October, Musk said he was optimistic that the Semi would go into production in 2023, four years behind schedule. Tesla has said it needs to shore up its supply of battery cells before it can start building the Semi in significant numbers. What else to expectElon Musk at Tesla Battery Day in 2020.TeslaThat's three models Tesla intends to start building in 2023. But there's probably even more on the way. Musk has mused about a cheaper, $25,000 vehicle along with a van for urban transit. We may also learn more about when Tesla's upcoming plants in Germany and Austin, Texas will start pumping out cars. Musk also could touch on Tesla's developments in autonomous driving, solar panels, and energy storage. And, since this is Musk we're talking about, it wouldn't be wrong to expect a curveball. Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~21 hr. 21 min. ago Related News

Image appears to show British F-35 recovered after crashing into the sea during takeoff

After the F-35B crashed during takeoff on November 17, it took the British military several weeks to find and recover the jet. An F-35B returns to HMS Queen Elizabeth, June 22, 2021.Royal Navy/LPhot Unaisi Luke A photo has emerged of what appears to be a British F-35B that ditched in the Mediterranean Sea in November. The aircraft was recovered in December, and it looks like it is still pretty much intact. But spending several weeks submerged in saltwater might have damaged the aircraft's systems beyond repair. An image, taken by an unknown photographer, showing the wreckage of the British F-35B that ditched in the Mediterranean Sea and was recovered by a chartered salvage ship, was leaked and started circulating online on January 21, 2022.As we already extensively reported, the aircraft crashed while taking off from the HMS Queen Elizabeth aircraft carrier on November 17, 2021, as it couldn't achieve enough speed to lift off reportedly because the engine ingested a "cheap plastic rain cover" or an air intake cover.The United Kingdom Ministry of Defence announced on December 7 the completion of the operations for the recovery of the aircraft, which happened with the support of the Italian Navy and US Navy. It took two weeks to locate the wreck and another week to bring it up, according to defence sources mentioned by British newspapers.The recovery effort was complicated by the location where the F-35 ditched, as it happened in open water with depths that can exceed, in some areas, over 3,000 meters (about 10,000 feet), and by rough sea conditions while the operations were taking place.British F-35B that crashed after take-off from HMS Queen Elizabeth during CSG21 seen here on deck of recovery vessel [986x1331]Looking at the photo, which shows the wreck upside down on the deck of the salvage ship as it was being transported to an unspecified port, it seems that the F-35B is still partly intact.Some panels are broken or missing, with the engine nozzle and vertical tail fins possibly broken too (they can't be seen clearly), but the airframe was not made in pieces by the crash.As the leaked video showed, the F-35 left the ski jump with a very low speed, so the impact forces on the surface of the sea were not enough to detach major sections of the airframe.This also confirms the official statements about all the wreckage being recovered and "no danger or compromise to sensitive equipment on the aircraft." Even if the chances of another country finding and exploiting any of the plane's remains were small, the UK MoD didn't want to take any chances for a good reason.An F-35 takes off from HMS Queen Elizabeth during training with the South Korean navy, September 2021.British Royal NavyNational Security Adviser Sir Stephen Lovegrove, as reported by the UK Defence Journal, told the Commons Defence Committee on Dec. 6, 2021:"The recovery of the flight data recorder and the wreckage are really vital for an accurate investigation to determine the causes of the crash. […] We are aware of Russian undersea capabilities, and you are quite right to identify them as being state of the art. The kinds of precautions and operations that we are undertaking at the moment are designed at least in part to ensure that the technology of the F-35B remains as confidential as you would like it to be. Those security aspects are very much at the top of our mind. My understanding is that the experts know where the aircraft is."It is worth noting, however, that while the aircraft might appear somehow intact, the damage done by salt water while the aircraft was submerged for weeks might have made unusable most of the aircraft's systems, reducing the risks of adversaries gathering useful data in the hypothetical event they managed to get to the wreck before the Royal Navy.The lost F-35B was identified as ZM152, with modex 018 and construction number BK18, and the leaked photo appears to confirm this, as the serial can be seen near the tail despite the quality of the image. The aircraft was reportedly one of the most recently delivered British F-35B, with its first flight reported in June 2019. The same info was also found in the F-35 aircraft database hosted by the website F-16.net.The photo was initially posted on Twitter by few users who later removed it claiming that they were not involved in taking the photo in the first place nor being the first to leak it online. The photo is however still being shared on Reddit, Facebook and other socials. The fact that many users later deleted the photo might be related to the consequences of the leak of the crash video, which led a male crew member of HMS Queen Elizabeth's ship company to be arrested.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~21 hr. 21 min. ago Related News

I regularly fly on tiny planes. Here"s why I find it more fun and thrilling than traveling on a commercial airliner.

When flying in a small plane with my pilot boyfriend or on a flightseeing tour over Alaska, I get to wear a headset and listen to air traffic control. Taylor Rains I frequently fly on small planes with my pilot boyfriend and I find it more fun than commercial airliners.  Flying on a small plane gives passengers the opportunity to see a flight from a different perspective. Small planes may seem scary, but the drive to the airport is riskier than the flight, according to analyst Saj Ahmed. A lot of people are afraid of flying, but even more so when they are forced onto a small turbo-prop plane. While some hate the idea, occasionally flying in tiny aircraft is the only way to get where you want to go, like around Alaska or on safaris.Sebastian Condrea/Getty ImagesFor a long time, I also had that fear because of the size of the plane and the perception it was unsafe. However, things changed after I started dating a pilot three years ago and the opportunity to fly became a regular part of my life.Flying with my pilot boyfriend.Taylor Rains/InsiderWhile I was scared the first time I flew with him, my nerves quickly relaxed as he showed me that flying in a tiny plane can actually be a really fun and unique experience.Bridgeport Sikorsky Memorial Airport in Connecticut.Taylor Rains/InsiderThere are several commercial, charter, and tour operators that fly smaller planes, like Cape Air ...Cape Air.Wangkun Jia/Shutterstock... Tradewind Aviation ...Tradewind Aviation Pilatus PC-12.Leonard Zhukovsky/Shutterstock... and K2 Aviation in Alaska.K2 Aviation plane in Talkeetna, Alaska.melissamn/ShutterstockThe plane I've mostly flown on is a Piper Warrior, which has two seats in the front behind the controls and two passenger seats in the back.Bridgeport Sikorsky Memorial Airport in Connecticut.Taylor Rains/InsiderAlthough, I've also ridden on De Havilland Otters and Piper Navajos.Flying on a small plane in Alaska.Taylor Rains/InsiderHaving flown on both large commercial jets and small turboprops, I have experienced the difference firsthand. Personally, I've come to enjoy tiny planes more than jets for a variety of reasons.Bridgeport Sikorsky Memorial Airport in Connecticut.Taylor Rains/InsiderFirst and foremost, I love being immersed in the pilot side of the operation. When flying in the small Piper plane with my boyfriend or on a flightseeing tour over Alaska, I got to wear a headset and hear air traffic control (ATC).Flying with my pilot boyfriend.Taylor Rains/InsiderI was able to listen to the communication between my pilot and the controllers, as well as hear other pilots in the area. It gave me a real sense of everything that goes on during a flight, and I learned more about traffic patterns and airport movement than I ever would on a commercial airliner.Flying in a tiny airplane.Taylor Rains/InsiderThe open cockpit concept on many smaller planes not only gives passengers an opportunity to listen in on ATC, but it also allows them to see the inputs and actions of the pilots.Flying on a tiny plane.Taylor Rains/InsiderWhile I've never actually wanted to be a pilot, I've always been fascinated with everything that goes into flying a plane. On the small aircraft I've flown on, I got to see the control panel at the front of the plane, like flight speed and altitude, as well as see how the crew changed the flap settings.Flying with my pilot boyfriend.Taylor Rains/InsiderAn open cockpit also sometimes provides a perfect view of the runway ahead, so passengers can see the takeoff and landing from a new perspective.Bridgeport Sikorsky Memorial Airport in Connecticut.Taylor Rains/InsiderNot to mention, flying in a small aircraft typically means cruising at lower altitudes, so travelers get the opportunity to observe unique landscapes and scenery they may miss flying on a commercial jet. I've been lucky to fly over Denali National Park ...Flying over Denali National Park.Taylor Rains/Insider... along the New York City skyline ...Flying along the New York City skyline.Taylor Rains/Insider... and to view the New England fall foliage from the air.Flying with my pilot boyfriend.Taylor Rains/InsiderWhile there are a lot of pros to flying on small planes, there are some downsides.Bridgeport Sikorsky Memorial Airport in Connecticut.Taylor Rains/InsiderFor me, the biggest challenge is getting in and out of smaller aircraft. Unlike the full-size boarding doors on airliners, many tiny planes have narrow doors that require passengers to crouch to enter. However, once inside, the plane can feel just as roomy as an airline.Bridgeport Sikorsky Memorial Airport in Connecticut.Taylor Rains/InsiderThe seats are typically padded and comfortable, and the small planes I've flown on offered plenty of legroom, though I am only 5'3" and rarely have issues fitting in any aircraft seat. So, it's possible some people could experience claustrophobia in the smaller cabin, and those over six feet tall may feel cramped.The backseat of a Piper Warrior plane.Taylor Rains/InsiderThough some people are concerned about the comfort level of a tiny plane, others are more concerned with safety.Pilots preflight their plane.Jozef_Culak/ShutterstockWhile it is true that the accident rate among small planes is higher than airlines, you are still more likely to be injured en route to the airport than traveling in a tiny aircraft, according to Saj Ahmad, chief analyst at StretegivAero Research.Bush plane in Denali National Park shuttling tourists and workers.Taylor Rains/InsiderSource:Executive Flyers, The Telegraph"The size of the airplane is not in any way linked to safety," Ahmad told The Telegraph. "Rather it's all down to the regular maintenance regimes to ensure that airplanes comply with regulations to fly and operate safely."A Cape Air Cessna 402C in Boston next to a JetBlue airliner.Wangkun Jia/Shutterstock.comSource: The TelegraphHe continued: "Statistics can be skewered all too easily to suit a particular argument and I certainly do not ascribe risk with small airplanes. Lest we forget, pilot training schools almost all use single engine for training and that's where it all starts before progressing to bigger jets."Florida Tech flight school planes.Florida Institute of TechnologySource: The TelegraphFor those concerned about turbulence in a tiny plane, it is important to know that all aircraft, small or large, are engineered to withstand more turbulence than their normal operating capabilities.Flying in a tiny plane.Taylor Rains/InsiderSource: High Sky Flying, FAAIt is true that small planes are more susceptible to "wake turbulence" from a bigger jet, which causes the aircraft to lose lift and altitude. However, pilots and air traffic controllers know the risk and take precautions to avoid an event from happening.Wing tip vortices are a primary contributor to take-off turbulence.aapsky/ShutterstockSource: High Sky Flying, FAAIn addition to wake turbulence, rough weather and winds can pose a bigger threat to smaller planes than large ones. Because of this, flying in a tiny aircraft is not as reliable as airliners that can more safely operate in severe weather conditions, like heavy rain, snow, and high winds.Wizz Air lands on a snowy runway in Ukraine.Zahnoi Alex/ShutterstockSource: High Sky FlyingSo, if you're flying somewhere and the only transport is by plane, then you are at the mercy of the weather and the likelihood for the flight to be canceled is much higher than if you could access the destination via commercial jet.A small plane at an airport in non-flying weather.kosmos111/ShutterstockSource: High Sky FlyingIf you're still worried about the safety of a small plane, Ahmad said customers should book with companies that specialize in specific activities, like tours or excursions, and check the operator's reviews and reputation.Grand Canyon Scenic Airlines tour operator.Grand Canyon Scenic AirlinesSource: The Telegraph"In all honesty, air travel is so safe, many of us don't give a second thought to hopping on any airplane," he said. “The biggest risk is getting to the airport."Bush plane in Denali National Park shuttling tourists and workers.Taylor Rains/InsiderRead the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~21 hr. 21 min. ago Related News

How the "create your own" restaurant concept took over fast food — and created a massive headache for workers

Some customers make extreme modifications to every item with no empathy for overwhelmed workers, a Taco Bell worker of 20 years told Insider. Joe Raedle/Getty Images Restaurant chains with highly customizable menus exploded in recent years and remain popular. The rise of mobile ordering made modifying orders much easier. Some workers say these customizations have made customers demanding and unreasonable. In 2022, diners expect to walk into the fast food chain of their choice and customize a dish from start to finish. Chipotle is the poster child for that "create your own" assembly line model, but it's used across the industry from Subway to Sweetgreen to Cava.These customizable dishes, originally made right in front of you but now often ordered via an app, date at least back to Subway's beginnings in 1965, but they've become more ubiquitous in the last decade. Chipotle was initially a novelty, an assembly line where customers could point directly to ingredients and watch them go into their ideal burrito. The rise of mobile ordering made customizing much easier, giving customers the ability to clarify exactly how they want a dish made, down to specifying "extra," "light," or "normal" amounts of each ingredient. ChipotleDigital orders made it easier to customize orders across the fast food world. Chains like Taco Bell launched mobile-only combos of multiple menu items. Other restaurant concepts, like Cava and Sweetgreen, emerged with build-your-own style menus that are primarily ordered online. Customers also tend to make larger and more complicated orders digitally, where they are less likely to feel judged by servers.At other chains where customization was already part of the allure, mobile ordering made it easier than ever. Customizing drinks at Starbucks is a major part of the overall appeal, but as mobile orders exploded over the last few years, some baristas say, so have requests for drink modifications.Average Starbucks tickets reached a record high in 2021, thanks in part to larger orders and more drink modifications. Some baristas have told Insider about orders with huge numbers of custom requests, like an iced latte with 12 shots of coffee, alongside five shots of hazelnut syrup, drinks with so many modifications that they couldn't fit inside the appropriate cup, and even being asked to blend food into drinks.These orders are not the norm, according to Starbucks, which previously told Insider that 75% of customized beverages had fewer than three modifications.The growth of highly customizable orders across fast food has made jobs much more difficult for workers, a Taco Bell manager who just left the chain after 20 years told Insider.  "Digital ordering is the worst thing that ever happened to Taco Bell," he said, because of the "ridiculously customized" orders customers make online. He pointed to the example of the chicken sandwich taco, to which some customers would add every possible additional item. "How are we supposed to fit this on there?" he asked.Workers at other chain echo the Taco Bell veteran. "These orders are driving us insane because they're so long, so specific, and it requires you to do much more work than you should be doing for one single drink," a Starbucks shift supervisor in New York told The Guardian."Custom drinks from social media like TikTok are also increasing the need for labor," a Starbucks supervisor in Pennsylvania previously told Insider.This shift is in part thanks to the rapid advances in technology used by fast-food chains, like online ordering, and people becoming accustomed to being at home and having everything delivered, the worker said. Many customers are "starting to treat fast food as their personal catering service," the Taco Bell worker said, with extreme modifications to every item and no empathy or understanding for overwhelmed workers.Some other workers feel the same way. The "entitlement and anonymity that comes with the internet has made people awful," a former Texas Chipotle worker told Insider. Do you have a story to share about a retail or restaurant chain? Email this reporter at mmeisenzahl@businessinsider.com.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~21 hr. 21 min. ago Related News

How Tiktok’s ‘witch hunt effect’ turned West Elm Caleb into the latest virtual punching bag

What began as a way for young women to share their qualms with West Elm Caleb — or any other not-so-kind date — muddled the line between support and ridicule, with hordes of commenters and content creators jumping on board......»»

Source:  washpostCategory: top~21 hr. 49 min. ago Related News

A fully digital US dollar would be a better online currency than crypto, new Fed report suggests

A Fed-backed digital dollar would allow for fast and secure transfers without a third party or the wild price swings seen with cryptocurrencies. A person walks by the Federal Reserve on Saturday, April 25, 2020.Caroline Brehman/CQ-Roll Call/Getty Images A new report from the Federal Reserve opened the door to debate around a central bank digital currency. The Fed avoided taking a side for or against the idea and instead raised a number of pros and cons. A CBDC could boast many of crypto's benefits without the wild price swings seen over the past year. Cryptocurrencies' ascent to global stardom put governments on alert. Some, like China and Sweden, are already tinkering with digitizing their own currencies. Now the Federal Reserve is dipping its toes in the water.The Federal Reserve still hasn't sided for or against a central bank digital currency, but a new report lays out the potential benefits and risks of fully digitizing the US dollar.The Fed kickstarted the debate over a US central bank digital currency on Thursday, publishing a highly anticipated report on the topic. A CBDC would serve as a purely digital version of cash that's backed by the Fed and just as available to the public as physical cash. It wouldn't require the same deposit insurance that banks need for cash, and it wouldn't need to be backed by a physical asset.A Fed-backed digital dollar would then provide many of the benefits touted by cryptocurrencies without their wild price swings and usage fees. In theory, a CBDC would meld the best aspects of physical and digital currencies for the average American.A CBDC likely wouldn't feel all that different from a regular dollar. People already use digital cash when they shop with credit or debit cards, but in those situations, the currency is backed by private-sector banks. Should the Fed introduce a CBDC, Americans would be able to shop with a digital dollar backed by the country's central bank. If that sounds outlandish, it shouldn't; physical dollar bills are already backed by the Fed, not by commercial banks.The Fed stopped short of taking a position on a CBDC, saying it first aims to engage with the public, Congress, and other stakeholders on the topic. Still, the Thursday report detailed a handful of reasons why such a currency would benefit the country and serve as a better medium for spending than the commonly traded cryptocurrencies that have seen adoption explode over the past few years.A CBDC could bring safe, fast, and accessible paymentsCryptocurrencies surged in popularity partly due to their use in real-time, peer-to-peer payments. A CBDC could offer the same. Transactions with a CBDC would be "final and completed in real time," and could be used for everything from buying groceries to receiving government stimulus, according to the report.The digital cash would also be free from credit risk, liquidity risk, and, perhaps most importantly, the volatility that makes spending with crypto so unreliable. Stablecoins, or cryptocurrencies that aim to fix their exchange rate with a more conventional currency like the dollar, address some of the volatility problem, but a recent report from the President's Working Group on Financial Markets found gaps in the authority of regulators to address some stablecoin risks.A CBDC would also allow for more flexible transacting, the Fed said. Payments could be scheduled for certain times and used for small transfers that traditional systems might not allow for. And while services like PayPal and Venmo already have some of these capabilities, a CBDC would allow users to make such transfers without a private third party.CBDCs could even improve cross-border payments, but such gains would take time to materialize. International CBDC transfers would require new infrastructure, government coordination, and enforcement to curb illicit finance. Still, a future network of CBDC could do away with transfer fees and long settlement times.A CBDC would come with 21st-century risksA fully digitized dollar would come with its fair share of pitfalls, the Fed warned. For one, allowing the Fed to back digital payments could "fundamentally change the structure of the US financial system," according to the report. Commercial banks rely on deposits to dole out loans, but a CBDC could replace cash held in commercial banks with digital wallets offered by the private sector. That could make it far more difficult for people to take out loans.The stability of a CBDC could also spark runs on commercial banks in times of economic uncertainty, the Fed said. Traditional measures used to prevent massive outflows from banks would be inefficient if people rushed to convert their bank holdings into CBDC.Implementation of a Fed-backed digital dollar could even erode the central bank's policy power. By changing the amount of reserves in the financial system, a CBDC could affect how the Fed sets interest rates and steers inflation. The Fed would likely need to boost its level of reserves just to accommodate fluctuations between outstanding cash, bank reserves, and CBDC holdings.Introduction of a CBDC, risks and all, would make for "a highly significant innovation in American money," the Fed said. The central bank is set to take comments on the matter until May 20, when it is expected to further mull the currency's pros and cons. While the future of a digitized dollar remains uncertain, the Fed's report unequivocally opens the door to such a project.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~22 hr. 5 min. ago Related News

Michael Cohen says Donald Trump told him if one of his kids had to go to prison to "make sure" it was Donald Jr., not Ivanka

Michael Cohen told MSNBC's Alex Witt that Donald Trump gave the instruction when Donald Jr. and Ivanka were on the verge of being indicted in 2012. Michael Cohen (L), Donald Trump with his children Donald Jr. and Ivanka (R).Eduardo Munoz Alvarez/Getty Images (L), Bill Tompkins/Getty Images (R) Donald Trump's former lawyer claimed that Trump told him Donald Jr. should go to prison rather than Ivanka. Michael Cohen said his former boss gave the instruction when his children were on the verge of being indicted in 2012. Cohen was speaking to MSNBC about the probes into the Trump Organization and the Capitol riot. Donald Trump's former lawyer and fixer Michael Cohen claimed Trump said that if one of his kids had to go to prison over the family business to "make sure" it was Donald Jr., not Ivanka.Speaking to MSNBC on Saturday, Cohen said Trump gave him the instruction when his children were on the verge of being indicted by the Manhattan District Attorney's office in 2012."You may recall that there was the district attorney's case here for Trump Soho where it was either Don or Ivanka was in very big trouble as a result of lying about the number of units that had been sold," Cohen told MSNBC's Alex Witt ."And Donald said it to me – I mean I wouldn't say it if it wasn't said directly to me – he goes 'if one or the other has to go to prison, make sure that it's Don because Don would be able to handle it.'" Cohen spoke to MSNBC about the mounting pressure on the Trump family amid the probes into the Trump Organization's financial dealings and the January 6 riot.New York Attorney General Letitia James has said her investigation into the Trump Organization has uncovered "significant evidence" of fraudulent and misleading asset valuations.James has taken legal action to enforce the subpoenas issued to Donald Trump and his children Donald Jr. and Ivanka, who she says were "closely involved in the transactions in question."Meanwhile, the January 6 committee investigating the insurrection has asked Ivanka Trump to voluntarily cooperate with their probe.Cohen said he believes there is "not a chance" that the former president would offer to cooperate with the investigations to shield his daughter from legal troubles."Donald cares only about Donald, more than he would care about his children," Cohen told MSNBC.Trump's former lawyer also said that he believes the chances of the Trump children cooperating with either probe are "slim to none."Michael Cohen served as Trump's personal lawyer for more than a decade before being targeted as part of a federal investigation into hush-money payments made to women who claimed to have had affairs with Trump in the 2000s.In 2018 Cohen pleaded guilty to several crimes he committed while employed by Trump and was sentenced to three years in federal prison.Since then, Cohen has been cooperating with prosecutors in several investigations into Donald Trump and the Trump Organization.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~22 hr. 5 min. ago Related News

WallStreetBets users plan to publish a book of memes documenting the GameStop saga — and it already has $24,000 in backing on Kickstarter

The goal of the project is to "capture the moments in time when GameStop was all anyone was thinking about." WallStreetBets.REUTERS/Dado Ruvic/Illustration/File Photo WallStreetBets users plan to launch a meme book that documents last year's GameStop short squeeze. The goal of the project is to "capture the moments in time when GameStop was all anyone was thinking about." The project has raised $24,000 on Kickstarter, surpassing its funding goal of $20,000.  Sign up here for our daily newsletter, 10 Things Before the Opening Bell. A book that compiles the most viral GameStop memes and posts from Reddit's WallStreetBets forum could be coming soon, as the frenzy that launched the meme stock revolution marks its one-year anniversary this month. WallStreetBets users calling themselves Diamond Hands History launched a Kickstarter fund to publish "Diamond Hands: The GME Archive." Donation tiers start at $1 ("Baby Ape") and continue to meme-related levels like $69 ("True Ape"), $420 ("Ape Chieftain"), and $10,000 ("Richer Than Your Wife's Boyfriend").  The creators set a fundraising goal of $20,000 for what they call the "epic book of GameStop" and have already surpassed it. There are currently 53 backers who have together staked over $24,000. The goal of the project, per its Kickstarter description, is to "capture the moments in time when GameStop was all anyone was thinking about." The creators call it the "first project of this kind in history," given the collaboration with and legal permission from thousands of social media users. They parsed through more than 10,000 posts as well as hundreds of thousands of comments for publication — all with consent from the original Reddit users."We decided to archive the most popular primary source documents related to the historic First and Second GameStop Squeezes," reads the project description. "We aim to archive the best WallStreetBets memes, posts, and comments about GameStop into a single book."The Kickstarter page does note that the book puts the creators in potential legal jeopardy due to the images contained in the memes and copyright issues. A teaser of the project features photos of a GameStop billboard in Times Square, lists of quotes from social media, and a green-and-gold hardcover book sample.The "Diamond Hands" book comes a year after Reddit day traders used the platform to upend the stock market and send GameStop surging. Experts saw the unconventional rally as a sign that the institutions were "losing some control."While shares of GameStop and other meme stocks have come off their highs, Wall Street is still keeping tabs on retail traders. Professional investors and trading desks at top banks like UBS have been monitoring the activities across social media and forums like WallStreetBets, which currently has over 11.5 million members.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~22 hr. 5 min. ago Related News

Crystal Cruises ship diverts to Bahamas with 700 people on board after arrest warrant issued over $1.2m unpaid fuel bill: reports

Operator Genting Hong Kong Ltd is millions of dollars in debt and its Crystal Symphony ship could be seized at any US port, per multiple outlets. The Crystal Symphony ship.Photo by Peter Bischoff/Getty Images A Crystal Cruises ship diverted to the Bahamas in an apparent attempt to escape an arrest warrant.  The warrant relates to an unpaid fuel bill, according to case documents obtained by USA Today. A US marshal would be prepared to arrest the ship if it showed up in Miami, per Bloomberg. A Crystal Cruises ship with hundreds of passengers and crew onboard has diverted from its scheduled stop in Miami after an arrest warrant was issued, multiple outlets reported.The Crystal Symphony was due to return to Miami on Saturday, following a 14-day Caribbean voyage, but instead traveled to Bimini in the Bahamas, per The Daily Mail.According to Bloomberg, if the ship docks in Miami, the terms of the warrant would allow it to be seized to repay $1.2 million in unpaid fuel bills, apparently owed by its operator, Genting Hong Kong Ltd. But officials can't take any action in the Bahamas.The warrant resulted from a lawsuit filed by Peninsula Petroleum Far East Wednesday against Crystal Cruises and Star Cruises Limited, per USA Today. Crystal Cruises did not immediately respond to Insider's request for comment. One passenger tweeted to travel agent Mundy Cruising: "Can you help me change my flight to Heathrow from Miami as we are stuck on Crystal Symphony which has changed route and is now heading for Bahamas instead of Miami." Elio Pace, a musician performing aboard the ship, told the Daily Mail that "every one of these people are trying to reschedule their flights." But he noted that "there's no panic, there's no tantrums going on."Pace, however, said in an interview with USA Today that he hopes he will be compensated for the additional time he's had to spend onboard. —John (@johndresner) January 21, 2022Passengers had to wait overnight Saturday to be transported by a ferry to Fort Lauderdale after the diversion, The Daily Mail reported. Cruise companies have faced many challenges in recent months, particularly in relation to the pandemic. Earlier this month, staff and passengers on Norwegian Getaway and Royal Caribbean ships described their difficult quarantine experiences after contracting COVID-19.Another passenger on an unspecified cruise ship, recently said she experienced "panic and anxiety" while isolating for six days in a windowless cabin.  Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~22 hr. 5 min. ago Related News

Behind the scenes at elite law firm Boies Schiller, which has shrunk by half after an attorney exodus

In this edition of Insider Weekly: Behind the scenes at Boies Schiller, leaked Peloton audio, Nike's success, and Amazon attrition. Welcome back to Insider Weekly! I'm Matt Turner, editor in chief of business at Insider.David Boies is a legendary trial lawyer and cofounder of the elite law firm Boies Schiller Flexner. As the firm sustained an exodus of talent, going from a peak of 350 attorneys to about 175 today, many were quick to blame Boies' work with the likes of Harvey Weinstein and Theranos, considering his involvement in those scandals a reputational stain.What has gone previously unreported is the extent to which Jonathan Schiller, the second name above the door who had long worked in Boies' shadow, shares blame for the firm's cultural turmoil.Casey Sullivan spoke with Boies and more than 20 of Schiller's former colleagues for his behind the scenes look at the firm. My main takeaway: People's greatest strengths can also be their greatest weaknesses, something Casey notes in his Q&A below. Read on for more.Also in this week's newsletter:Price hikes, layoffs, and too many bikes: Inside Peloton's month from hell.Nike's CEO has brought the company financial and digital success — but at what cost?Amazon employees' frustration with pay is driving attrition across senior ranks.Let me know what you think of all our stories at mturner@insider.com.Subscribe to Insider for access to all our investigations and features. New to the newsletter? Sign up here.  Download our app for news on the go – click here for iOS and here for Android. A rare portrait of David Boies' right-hand manPaul Bruinooge/Patrick McMullan/Getty Images; Samantha Lee/InsiderCasey Sullivan takes us inside his four months of reporting on Jonathan Schiller.What made you want to profile Schiller?There's something inherently interesting about a No. 2 to a relatively famous person. Schiller often worked behind the scenes, but his mark on the firm was enormous — for both good and bad. Schiller is also a controversial figure. People have strong feelings about him. And the more people I spoke with, it fed my curiosity to learn what drives him and try to learn his side of the story, even if he wouldn't speak with me.   What's one thing you'd want readers to take away from this piece?People's greatest strengths can also be their greatest weaknesses. Schiller had such a competitive drive that helped build Boies Schiller into what it became, adding so many clients from big institutions. At the same time, people said he had an arrogance about him. He could be tone-deaf and hyperterritorial with clients. And it ultimately rubbed a lot of people the wrong way and contributed to the firm's challenges. What's one of the most surprising things you learned during your reporting?David Boies' go-to cocktail is a vodka and orange juice. But he only gets it at places that serve freshly squeezed OJ.Read the full story here: He helped build Boies Schiller. Behind the scenes, he drove people away.Inside Peloton's month from hellGetty; Marianne Ayala/InsiderA year ago, Peloton saw overwhelming demand for its stationary bikes. But today, the company has too many bikes — and not enough people to buy them.That striking reversal is emblematic of Peloton's fall from hot pandemic stock pick to punchline. January has been dominated by news of price hikes, layoffs, and a possible halt in production. The stock dropped 24% on Thursday alone.How Peloton spiraled to this point.He has brought success to Nike. But at what cost?Nike; Rachel Mendelson/InsiderIn his first two years as Nike's CEO, John Donahoe sent its stock soaring, even amid a series of scandals and the pandemic. Employees and analysts agree that Donahoe has ushered in financial success. But some worry it's come at a cost. For them, the question is no longer whether Donahoe can navigate Nike's culture but how he is changing it — and whether it could lead to an exodus of Nike veterans.Here's what they told us.Amazon employees' anger over pay at a crisis pointAP; Marianne Ayala/InsiderA growing number of Amazon employees, including senior staff, are growing disenchanted with what they perceive as below-market pay and pushing for better compensation. Now, some insiders say the frustration has led to a higher attrition rate among senior staff.At least 50 vice presidents left Amazon last year, unusual for a company known for the loyalty and long employment history of valued senior leaders.See what Amazon employees are saying.More of this week's top reads:Employers aren't addressing the new realities of work. Now, burned-out employees are leading a new "Hidden Resignation."A T-shirt designer started designing NFTs. He just pulled in $57,000 in one month.The labor shortage isn't going anywhere. Some expect it to wreak havoc on everything from airline flights to inflation.Insiders at Forbes say the brand that celebrates wealth requires its employees to work long hours for low pay and that some struggle to get raises. Here's what to know.Top investors shared their 25 picks for the best direct-to-consumer brands that will soar in 2022.Here's where young first-time homebuyers should look for their first purchase. Hint: It's not New York or LA.Compiled with help from Jordan Parker Erb and Phil Rosen.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~22 hr. 5 min. ago Related News

Here are 2 charts that explain why the stock market meltdown and bitcoin"s slump are correlated — and that crypto is not a safe-haven asset like gold

"The correlation between bitcoin and high-growth benchmark ARKK still stands at ~60% year-to-date," Fairlead's Katie Stockton said in a Friday note. Drew Angerer/Getty ImagesBitcoin's past performance suggests the asset class is less like gold and more like stocks.In prior stock market corrections, bitcoin plummeted while gold served as an effective hedge."The correlation between bitcoin and high-growth benchmark ARKK still stands at ~60% year-to-date," Fairlead's Katie Stockton said in a Friday note.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.While bitcoin is often described as an alternative to gold, its historical price action suggests it's more closely related to stocks.Investors have flocked to the cryptocurrency sector with the objective of gaining exposure to returns that are uncorrelated to traditional asset classes like stocks, bonds, and precious metals, as well as hedging against rising inflation.But two charts depicting relative performance amid recent stock market corrections illustrate that bitcoin is more positively correlated to equities than some might think.The first one shows that when stocks fell nearly 20% in the fourth quarter of 2018, bitcoin fell as much as 50%, while gold traded up nearly 8%. The market volatility was sparked by a hawkish Federal Reserve and concerns of slowing economic growth due to trade tariffs. KoyfinThe second one fast forwards to the onset of the COVID-19 pandemic in early 2020, when bitcoin again fell almost 50% while stocks fell as much as 34%. Amid the risk-off carnage, gold traded flat, once again proving its standing as a safe-haven asset.KoyfinToday, amid a nearly 7% decline in the S&P 500 since the start of 2022, bitcoin is down 17% while gold is flat. The data is clear that for now, bitcoin is less of a hedge against inflation, and is instead a volatile risk-on asset that does well when stocks do well, and vice versa.Technical analyst Katie Stockton of Fairlead Strategies highlighted this fact in a note on Friday."The correlation between bitcoin and high-growth benchmark ARKK still stands at ~60% year-to-date, versus ~14% for the price of gold, reminding us to categorize bitcoin and altcoins as risk assets rather than safe havens," she said. One reason gold acts as a reliable safe haven amid market turmoil is that it has a history spanning thousands of years of holding some form of value. Meanwhile, bitcoin just celebrated its 13th birthday.When it comes to evidence-based investing, investors value more data than less, and gold has the data to back up its standing as a safe-haven asset, whereas bitcoin does not. Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~22 hr. 5 min. ago Related News

Recreational marijuana sales flying high a year after Arizona legalization

Walking into a marijuana dispensary today, it’s hard to tell that it’s only been a year since the use of recreational marijuana was legalized in Arizona in January 2021. Dispensaries that already were selling medical marijuana, which began in 2012, had to scramble to transition their stores to sell to both recreational and medical customers. Sol Flower, which has five dispensaries in metro Phoenix, was prepared for the grand shift, according to Allie Marconi, senior director of marketing for….....»»

Source:  bizjournalsCategory: top~22 hr. 5 min. ago Related News

DBJ Economic Forum at Wright State University (Photos)

More than 250 people gathered last week for the Dayton Business Journal's 2022 Economic Forum. The economic outlook included two keynote addresses and a panel of experts that touched on the region's economic outlook......»»

Source:  bizjournalsCategory: top~22 hr. 5 min. ago Related News

How The Shale Revolution Saved Europe From A Great Blackout

How The Shale Revolution Saved Europe From A Great Blackout Authored by Daniel Lacalle, In October, the governments of Austria and The Netherlands warned of the risk of a “great blackout”. Soaring natural gas prices, lack of security of supply and a challenging outlook of pipeline deliveries from Russia made the governments exceedingly nervous about the chances of providing cheap and reliable energy for homes in winter. However, an unexpected ally has prevented an energy crisis in Europe and, ironically, it is an ally that was banned in most European nations: Shale gas.   About half of the record U.S. Liquefied Natural Gas volumes shipped in December 2021 went to Europe, up from 37% earlier in 2021, according to the U.S. Energy Information Administration. While most European nations banned the exploration and development of domestic natural gas resources many years ago, the United States has plenty and competitive supplies thanks to the shale oil and gas revolution, which has made the country almost energy independent. Domestic natural gas production has exceeded U.S. demand by about 10%, according to Reuters. There is a lesson for the U.S. here. Many European energy policies have been ideologically directed, and massive energy subsidies and political intervention have not strengthened the competitiveness of the economy, secured energy supply, or even reduced significantly carbon emissions. The German Economy Minister, Robert Habeck recently mentioned that “we will probably miss our (CO2 emissions) targets for 2021, also for 2022, even for 2023 it will be hard enough” according to Zeit. Germany will miss its climate targets for 2021 as the use of coal increased dramatically while the use of renewable energies remained almost stagnant. After hundreds of billions in renewable subsidies, household bills are 65% higher than in 2006 according to the BDEW and Energy Ministry. What has been the European policy mistake? To eliminate or ban baseload, cheap and reliable energy (nuclear and development of domestic natural gas) and offset it with intermittent and volatile sources of energy -wind and solar- too early into a technology transition. This, when demand rises or solar and wind output decline, puts security of supply and competitiveness at risk because prices rise to all-time highs. European power prices have also risen to record-highs because the cost of CO2 emissions -a hidden tax- has soared from 20 euros per metric tonne to more than 80. Due to this hidden tax, European governments are collecting tens of billions of euros in tax receipts, but the burden falls on businesses and families. Residential electricity prices in the European Union between 2010 and 2014 averaged near $240/MWh, whereas the U.S. averaged nearly $120/MWh, or less than half of EU prices. Gasoline and gasoil prices were also twice as expensive in the average of the European Union compared with the United States. This trend has not improved at all. In 2021, wholesale electricity prices in Europe reached a record high. Europe must understand that technology and competition achieve more in terms of reducing carbon emissions while improving competitiveness than implementing rigid and expensive political mandates. The energy sector is key in the decarbonization but will not achieve it through constant intervention. To decarbonize, the best technological tool is a combination of natural gas, nuclear, hydro, and renewable energy. But renewables are intermittent, while consumption is continuous. While technology develops, Europe must ensure security of supply and affordable energy making the most of all the possible options, incentivising green energy and reducing costs for consumers. Now that renewable technologies are competitive, the solution cannot come from central planning, restricted markets, subsidies, and regulatory patches. It must come, as in the US, from tax credits that are gradually phased out, and competition in an open market, with transparent bilateral contracts. Europe can develop its domestic resources and accelerate clean energy investment with rapid technology innovation. The word to achieve it is competition. It was a mistake to ban the development of natural gas resources but an even bigger mistake to blame global gas producers for not selling cheaply a product that some governments have rejected. European nations cannot say to global oil and gas producers that they will not use their resources in ten years but, in the meantime, producers must invest billions in development and export cheap and abundant energy.  Europe can promote competitiveness, lower bills, and advance in clean energy. All it must do is allow industries to find realistic and durable solutions and let markets work. Tyler Durden Sun, 01/23/2022 - 08:10.....»»

Source:  zerohedgeCategory: blog~22 hr. 21 min. ago Related News

Researchers Worry COVID Will Quickly Develop Resistance To New Pills From Pfizer And Merck

Researchers Worry COVID Will Quickly Develop Resistance To New Pills From Pfizer And Merck If it wasn't already bad enough that several experts have warned that US regulators are overlooking safety risks associated with the new generation of COVID therapeutic pills from Pfizer and Merck, researchers and regulators are also apparently worried that they might not even work - at least, not for long. According to a report in WSJ, researchers and academics are already taking steps to keep an eye out for signs that COVID is evolving in response to exposure to pills like Paxlovid and Molnupiravir. The hope is that the pills will save more lives, especially now that the vaccines and boosters have been surprisingly ineffective at prevent transmission and infection with the virus. "We know this is likely to happen at some point, so we need to beat it to the punch and nip it in the bud before it gets out of hand and starts to take over," said Katherine Seley-Radtke, a medicinal-chemistry professor at the University of Maryland, Baltimore County, whose lab is studying antiviral combination therapies. The manufacturers of the pills say that the length of a course - which is taken over just five days, too short for the virus to develop immunity, they say. Then again, nobody knows for sure. Some believe what we know about how other viruses react to drugs might offer some insights: for example, HIV is more likely to develop a resistance to treatments consisting of a single drug, hence the use of cocktails. But HIV is a chronic disease, not an acute infection like COVID. For what it's worth, researchers working for Pfizer and Merck say they saw no signs of resistance emerging during their clinical trials. But those only included a few hundred people. And there's always the question of whether efficacy will fade when faced with new variants. "As with any virus, SARS-CoV-2 being no exception, there is a potential for the emergence of resistance that can impact existing therapies," the agency said. "As such, the FDA put mechanisms in place as part of the authorizations to help the agency understand the potential impact of variants on these products." Independent researchers cited by WSJ say they suspect Paxlovid might be more likely to cause resistance to develop. That's because Paxlovid stops the virus by blocking an enzyme—called protease which is involved in replication. Molnupiravir, on the other hand, is in a different class of antivirals. It stops the virus from multiplying by tricking an enzyme that SARS-CoV-2 needs to replicate into inserting errors into the genome of the coronavirus, short-circuiting the replication process and killing the virus. Using a combination of drugs might help prevent resistance from developing. But as things stand, with these new drugs still in short supply, that might not be realistic. Not to worry: Big Pharma is already looking at combining the new drugs with older (and less effective) treatments like remdesivir. With so much research needed, researchers are preparing to conduct nearly 20 new trials seeking to enroll more than 100 participants each will be starting in the near future. Tyler Durden Sun, 01/23/2022 - 07:35.....»»

Source:  nytCategory: personnel~22 hr. 37 min. ago Related News

Diners at a Florida waterfront restaurant fell into the water after a deck suddenly collapsed, injuring two of them

Fire officials said the dock had apparent signs of decay and that they were investigating further, AP reported. The incident occurred at Flip Flops Dockside Eatery in Fort Lauderdale.Bill Kingman/Getty Images Visitors to a Florida waterfront restaurant swam to safety after a dining-area deck collapsed. The incident occurred at Flip Flops Dockside Eatery in Fort Lauderdale, per AP.  Fire officials said the dock appeared to show signs of decay and they were investigating further.  A group of people dining at a Florida waterfront restaurant fell into the water after the deck below them partially collapsed.Two diners received minor injuries as a result and had to be taken to a hospital, AP reported on Saturday.The incident occurred at Flip Flops Dockside Eatery in Fort Lauderdale. Diners were eating outside when a chunk of the deck fell away, fire officials told local news reporters.Flip Flops Dockside Eatery did not immediately respond to Insider's request for comment. Following the collapse, at least three adults swam to a boat near the dock and were pulled out of the water by other people. The dock appeared to have signs of decay. Fort Lauderdale fire rescue battalion chief Stephen Gollan told the South Florida Sun Sentinel. It also appeared that repairs had recently been carried out, he said. According to WPLG Local 10, Fort Lauderdale building officials were investigating the structural integrity of the dock. In a mission statement on its website, the restaurant states that it wants everyone "to feel at home and to relax." It describes itself as a place where people can escape their worries "and chill out dockside watching the boats sail along the Fort Lauderdale Intracoastal while listening to the sounds of the islands."    Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Donald Trump blasts the "vicious" Jan. 6 committee and NY AG for targeting his children Ivanka and Donald Jr.

The Jan. 6 committee asked Ivanka to testify, and the NY AG issued subpoenas for Ivanka and Donald Jr. over the Trump Organization's financial dealings. Donald Trump along with his children Eric(L) Ivanka and Donald Jr. arrive for a press conference January 11, 2017 at Trump Tower in New York.Timothy A. Clary/AFP via Getty Images Donald Trump said it was "very unfair" that the Jan. 6 committee and NY AG are targeting his adult children. The Jan. 6 committee asked Ivanka to testify, and the NY AG has issued subpoenas for Ivanka and Donald Jr. Donald Jr., Ivanka, and Eric have been closely intertwined with their father's businesses and presidency. Former President Donald Trump complained that the "vicious" January 6 committee and New York Attorney General are targeting his adult children as part of their investigations."It's a very unfair situation for my children. Very, very unfair," Trump told The Washington Examiner in an interview published Friday."It's a disgrace what's going on. They're using these things to try and get people's minds off how incompetently our country is being run. And they don't care. They'll go after children."Trump's eldest three children, Donald Jr., Ivanka, and Eric, have long been closely intertwined with their father's businesses and political career.The House select committee investigating the January 6 Capitol riot on Thursday asked Ivanka Trump for her voluntary cooperation with its probe.Ivanka Trump was a senior advisor to her father during his presidency and was present at the White House as the insurrection unfolded, committee chair Rep. Bennie Thompson said in a letter."They are using whatever powers they have. They couldn't care less. They are vicious people," Trump said of the January 6 committee to The Washington Examiner."You know Ivanka very well, and you know the quality of her," he told the outlet. "For them to have to go through all this stuff is a disgrace."Donald Trump faced accusations of nepotism throughout his presidency after installing his eldest daughter and her husband, Jared Kushner, into key roles, despite having no previous qualifying experience. Separately, New York Attorney General Letitia James's office has been conducting a probe into the Trump Organization's financial dealings.James said the investigation has uncovered "significant evidence" indicating that the Trump Organization used fraudulent and misleading asset valuations on multiple properties.Last week, she took legal action to enforce the subpoenas issued to Donald Trump and his children Donald Jr. and Ivanka. James wrote on Twitter that Trump's eldest two children had been "closely involved in the transactions in question."Donald Trump Jr. is currently an executive vice president of the Trump Organization, and Ivanka Trump has held senior roles, including overseeing developments and acquisitions.Eric Trump has already sat for depositions with the attorney general's office, during which he invoked his Fifth Amendment rights more than 500 times, court filings showed.Donald Trump told The Washington Examiner that he believed James was probing his businesses because she campaigned on a promise of "I'll get Trump." Speaking about the Trump family, James has said "no one is above the law" and has pledged to continue the investigation to "uncover the facts, and pursue justice."Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Meet a mom and teacher who hasn"t been able to work because child care is so unpredictable: "I was way behind on work and completely stressed, not sleeping"

"Domestic labor is labor," said Laura Danger, who has two children in addition to a full-time job. It's a message that's resonated on TikTok. Laura Danger.Laura Danger Laura Danger, 33, is a Chicago-based educator and mother of two who's had to leave the workforce. Like many parents, Danger found herself managing child care full time during the pandemic. Danger said that domestic labor needs to be valued through protections like paid leave. Laura Danger was devastated to leave the workforce."I'm a good educator. I love what I do," the Chicago-based special educator and community advocate told Insider.For the past three months, Danger, 33, has been a full-time stay-at-home parent. She's been out on short-term disability leave because the stress of her situation impacted her health, but that time just expired. She's now on unpaid leave.Like many parents throughout the pandemic, managing child care — not to mention potential COVID-19 exposures and testing for her children — has been overwhelming. Danger has acutely felt the lack of federal paid leave, especially sick leave, as she continues to deal with unpredictable child-care issues. She's even found an audience on TikTok, where she's garnered more than 7 million likes by highlighting how women are pushed into unpaid domestic labor."I feel like a lot of my worth has been tied to my ability to provide financially and to meet goals and feel fulfilled through a career," Danger said. But this is at odds with being a parent, because "being available for my children is not valued."'They had one day of child care for eight weeks — and we paid for it all'When the pandemic first hit, Danger had a 9-month-old and a 3-year-old in day care full time. She and her husband needed a new pandemic schedule.He would leave for work later so she could teach classes remotely. Then she'd either teach with the children there or work while they were napping. During the summer and fall, Danger paid for child care, but her kids' COVID exposures at day care kept them home much of the time anyway.They hired a nanny, but when Danger returned to in-person teaching in February, it became too costly. They cut the nanny's hours to basically the moment her husband left for work to the moment Danger got off."I lost all access to personal time. It was just minute to minute," Danger said. In September, everyone returned to in-person learning: "It was horrible. Within the first five days back, my kids were both sick."Danger and her husband took turns taking sick days from work."Three or four weeks in, we had already had so much illness or exposure that I was way behind on work and completely stressed, not sleeping. I had lost 11 pounds in four weeks," Danger said.Danger ended up qualifying for short-term disability, which just expired. Laura Danger and her kids.Laura Danger'Domestic labor is labor'For the birth of her first child, Danger said she had no paid time off; she faced a budget-cut-related layoff while on her second maternity leave. Federal paid sick and family leave has been tenuously included as one provision in the now-stalled Build Back Better Act. The US is the only country that's part of the Organization for Economic Cooperation and Development with no mandatory paid leave. "Domestic labor is labor," Danger said, adding that it should be valued both socially and financially through protections like paid sick and family leave. "It's like we're pretending that this work doesn't matter."It's a topic she's become an outspoken advocate for on TikTok. Her videos on unpaid leave and domestic labor have resonated, racking up more than 7 million likes. She talks about how "the capitalist patriarchy has pushed women out from places of power by not paying them and not valuing their labor."The feedback to her TikTok videos has given Danger a new sense of purpose."It feels so good because it feels like I put my finger on something that I couldn't verbalize before," Danger said. "I feel like at least I can push a little bit of social change by accessing the other women who are trapped by this, and are escaping through their phone, and I get to be that little voice and be like, 'No, you matter, you matter so much!'"The impact of not having mandated paid leave or other protections has affected her husband, too — he got a vasectomy. "I can never put myself through this ever again," she said. It's been "devastating" to leave the workforce."I won't be able to go back to my school. My school's in my neighborhood, these children that I see on my street and at the grocery store, I will not be able to go back to them — and that's devastating."Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Meet a first-generation college grad with $250,000 in student debt: "It"s the price I had to pay to achieve the American Dream"

Juan Sorto called the student-loan process "freaking confusing" — and he's not the only one. Paying off debt in the US can be a lifelong process. College graduationGetty Images When Juan Antonio Sorto moved to America at age six, he began learning that education was the path to the American Dream. To achieve that dream, he took on what is now a $250,000 student-debt load. He wants an answer on Biden's plan to address the crisis: "If you're going to do something, then do it." Juan Antonio Sorto thought his education would end after high school.His family moved to Houston from El Salvador when he was 6, and Sorto, now 36, faced the challenge of navigating a completely new culture while maintaining his Latino roots. He said part of that was viewing high school "as the end goal to your education."But Sorto ended up with a different plan. At a college fair his senior year of high school, he realized higher education could be a reality for him. He attended a local university, thanks in part to Pell grants, scholarships for low-income students. Then, to progress in his chosen career as a probation officer, he sought a Master's degree, and later a Ph.D.He now has $250,513 in student debt."I had to continue to provide for my mother and my grandmother, and so I had no choice but to start accumulating debt," Sorto told Insider. "It's the price I had to pay to achieve the American Dream."While Sorto knows he voluntarily took on debt, experts agree the student-loan system is confusing and bureaucratic. It can lead borrowers seeking financial assistance on their education down a road of compounding interest and a lifetime of debt. Juan Antonio Sorto, 36, is a first-generation college student with $250,000 in debt.Juan Antonio SortoThe $1.7 trillion student-debt crisis grows each day, and data shows that it disproportionately impacts Latino borrowers and other communities of color. Scholarships for low-income students and loan-forgiveness programs for public servants barely make a dent in the lifelong debt millions of people carry in pursuit of the American Dream.And even though President Joe Biden has extended the pause on student-loan payments until May 1, pressure is ramping up for him to cancel debt — an issue he prioritized in his presidential campaign but has been largely silent on since.While student loans are the only form of debt Sorto has ever had, he said he sees no end in sight."My family will be okay, but I'm not going to be okay because that loan is under my name," Sorto said. "That's the price I was willing to pay for my family to be financially secure."'I believed in my heart that college was the American Dream'After moving to Houston, one of Sorto's first memories is going with his family to a buffet-style restaurant. He said he was so in awe at the range of food options that he got seven trays just for himself. That's just one example of how his family had to adjust to the American way of life.Sorto's father was not in his life growing up. For most of his early education, he took care of his younger sister while his mother worked at night. He also picked up side jobs to help support his mother, sister, and his grandma, who still lives in El Salvador.Living in America to Sorto meant going to college — something no one in his family had done before — and although his mother did not see the importance in doing so, he said, "I believed in my heart that college was the American Dream."But it's not a dream that works out for everyone: 72% of Latino students take out loans for their education, compared with 66% of white borrowers, according to the Student Borrower Protection Center. Twelve years after starting college, the average Latino borrower still owes 83% of their initial loan balance, compared to 65% for white borrowers. Juan Antonio Sorto with his mother and grandmother.Juan Antonio Sorto"College was viewed as a luxury," Sorto said. "And because my mother did not have an understanding of how much of a difference having a college degree would be to our livelihood, she was adamant on me pursuing a trade degree, a mechanical degree, an electrician degree or something that was a six-month or yearlong course."Sorto ended up achieving his goal — he served as a probation officer for 12 years using his bachelor's degree. However, he joined the Great Resignation last year because the "mental exhaustion and stress" became too much. He's now pursuing a Ph.D. — a process he started while he was working as a probation officer — and a new job as a community developer in low-income neighborhoods. Even with his student debt load, he believes he accomplished his goals."I can at least feel happy to know that the chains within my family, within the generations that I can trace, have finally been broken where we're no longer going to be looked upon as uneducated, poor people," Sorto said.Sorto is proud of the life his education has given him and his family, despite the student debt that came with it. But what he didn't know when he was getting seven trays of food at the buffet is the student-loan system is also an "all-you-can-eat" industry — the government and lenders make it easy to take out loans, but that doesn't mean it's in the borrower's best interest.The student-loan industry is 'so freaking confusing' — and requires reformSorto called the process to get assistance paying off his debt "so freaking confusing," and he's not alone. For decades, lawmakers and advocates have been scrutinizing student-loan companies over misleading behavior that can keep borrowers paying off debt longer than they should.For example, Insider spoke to three federal borrowers in July who were struggling to pay off their debt, but they weren't asking for loan forgiveness — they were simply asking student-loan companies to pick up the phone and help them."Nobody wants to assist you," one borrower told Insider. "And you don't know how to get help. Even though you go back and forth, the lender doesn't know what the servicer is doing and the servicer doesn't know what the lender is doing."Lawmakers have been keeping tabs on the issue, as well. Massachusetts Sen. Elizabeth Warren told Insider in July that "the world has changed for student-loan-debt servicers," adding that they "can't sign a contract, do a lousy job, cost borrowers tons of money, and still get their contracts renewed." Warren's comments came after PHEAA, one of the largest student-loan companies accused of engaging in misleading behavior, announced plans to end its federal loan servicing contract.But reforms to the industry are in the works. Federal Student Aid head Richard Cordray warned student-loan companies that if they do not adhere to higher standards to better serve borrowers, they will face consequences — and Sorto wants to ensure the administration will follow through on that. "Quit politicizing my livelihood," Sorto said. "This is not a game, and I feel like that's what it's become to them. If you're going to do something, then do it, and stop playing political games."Do you have a story to share about student debt? Reach out to Ayelet Sheffey at asheffey@insider.com.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Gen Z brought the "90s back because it feels impossible to grow up in today"s economy

There's comfort and connection to be found in the nostalgia ruling pop culture right now. It's all because of the economy. Gen Z is nostalgic for the '90s and early 2000s.Anchiy/Getty Images The youth become nostalgic when the economy is struggling, seeking comfort and connection.  It's why Gen Z is reviving indie sleaze, old-money prep, and Y2K trends of the '90s and early 2000s. Instead of turning to their own childhood memories, they're seeking simpler pre-social-media times. Nearly two years ago, when New York City became the epicenter of the coronavirus in the US, I found solace on my couch watching TV. I checked in for new episodes of "The Bold Type." I devoured "Sex and the City" for the first time. I rewatched "Younger."Living vicariously through the glamorous antics of 20- and 30-somethings in pre-pandemic New York was a comfort in a time when my favorite haunts shuttered their doors and nothing sparkled in Times Square but the billboards. Uncertainty, anxiety, and loneliness triggered my nostalgia for a bustling, energized NYC, the Le Moyne College professor and psychologist Krystine Batcho told me. A researcher of nostalgia, Batcho explained that it's a common response when a troubled economy disrupts our lifestyles. Right now, it's most evident in the '90s and early-2000s trends that Gen Z is reviving.Gen Z brought the mom jeans of the '90s back to life.Alexi Rosenfeld/Getty Images"For many people, particularly young adults or those without a financial safety net, poor economic conditions raise fears of being able to meet financial obligations like rent or student-debt payments," Batcho said. "Nostalgia is a refuge, as people turn to the feelings of comfort, security, and love they enjoyed in their past."It explains why so many of us texted our exes when the pandemic hit; why so many shows and movies got reboots, from "Gossip Girl" and "And Just Like That" to "Spiderman;" why companies and brands beefed up nostalgia marketing; and why all the things that are now cool in our pandemic world transport us back to a simpler time.While I soaked up skyscrapers and taxi cabs on screen, Gen Zers (born from 1997 onward) watched "Friends" for the first time and thrifted '90s clothes. Their search for simpler times before adulthood — free of social-media trolling, Facetune, and remote school — led to the resurgence of trends that were hot long before the hardships of the pandemic or even the Great Recession. We emerged from quarantine to a vaccinated world where cigarettes, wired headphones, preppy style, and Y2K fashion trends are in again. But youth nostalgia is not just a product of the existing economy. It can reshape it for years to come. Because 20-somethings typically wield the most influence in what consumers buy, they set the tone for a new economic and cultural chapter.The youth's search for comfortYou don't have to be a certain age or gender to feel nostalgic during troubling times. But it can be more potent for those in a state of emerging adulthood — that 20-something limbo between adolescence and full maturity."It's a bittersweet time when you trade in childhood innocence for the independence of adulthood, not yet having experienced the more disappointing aspects of social behavior," Batcho said.Gen Zers are adjusting to the realities of adult life. They hadn't yet experienced the full impact of economic hardship until the pandemic, when they bore the brunt of it. They were the hardest-hit generation in the labor force and, even a year into the pandemic, college grads were having the toughest time finding jobs. Plus, many were forced to attend school remotely and socialize almost exclusively through their phones.As a coping mechanism, they reminisced about the '90s and early 2000s, when social media didn't yet exist, Michael Pankowski, the founder of the Gen Z marketing consulting firm Crimson Connection, told me. "While we love the internet, the pandemic's grave effect on in-person interaction has made the digital world basically all we have," he said of his generation. "So we feel nostalgic for a time before the internet had become so omnipresent." @oldloserinbrooklyn Trend forecast: indie sleaze revival #trendcycle #nostalgia #tumblrfashion #indiekid ♬ Sex and the City (Main Theme) - TV Sounds Unlimited The ironic part is that it's through social media that people are making these nostalgic connections. Gen Z digitally bonded during quarantine, prompting the resurgence of these trends to take off on TikTok and making it easy to cycle through so many of them.Consider the rise of indie sleaze, an eclectic early-2000s aesthetic influenced by the '70s and '80s and reminiscent of an American Apparel model headed to a dance club. Marked by Polaroid photos and party vibes, the style reflects the simplicity Gen Z seeks to escape from overstimulating technology and adult expenses. Returning to this more hedonistic, carefree style is also a rejection of the carefully curated millennial Instagram aesthetic that dominated the 2010s — think perfectly posed pics and lip filler.In fact, Gen Z's nostalgia is a retaliation to the 2010s economy in which millennials came of age. The comeback of the old-money aesthetic — characterized by pearls, Ralph Lauren tennis skirts, and white tube socks — nods to an old-school aristocratic upper crust that reflects the economic boom times of the '90s. It's in contrast to flashy, Kardashian-style displays of wealth as well as the jeans-and-hoodie uniform of Silicon Valley. Bold Y2K colors, reminiscent of another pre-social-media era, are a spot of brightness in a world ravaged by climate change and a global health crisis. A post shared by Fashion & fit & OOTD (@phantasyy_) The Gen Z experience is not unlike that of millennials, who graduated into the financial crisis of the Great Recession and spent years floating from job to job in a dismal labor market while juggling massive student debt and soaring living costs. Coming of age during an economic decline and a technological revolution, millennials leaned into the simplicity of their childhood to cope. It explains the appeal of #TBT (Throwback Thursday), the persisting obsession with the Harry Potter books and movies of their childhood, and how millennial pink — a shade associated with youth and innocence — became so popular.—Taryn Boyland (@Taryn_Boyland) December 6, 2021Social media complicates nostalgiaGen Z nostalgia perplexes Benjamin Ho, an associate professor of behavioral economics at Vassar College and author of "Why Trust Matters: An Economist's Guide to the Ties that Bind Us.""The way nostalgia usually works is it activates your memories from childhood, primarily the pop culture from your teenage years," he told me. "It seems too soon for Gen Z to be seeking the past."Indeed, Gen Z is reminiscing about a time of which they have few or no memories. Ho said the fast pace of social media has splintered pop-culture trends so much that unlimited choices have made it harder for younger generations to find unifying cultural touchstones. So they turned to an earlier time when "Friends" and "TRL" were some of the only options for after-school TV, bonding a whole generation with common humor, fashion, and theme music. @angemariano “Stop being poor!” #y2k #y2kaesthetic #2000s #y2kfashion #parishilton #fashionaesthetics #2000saesthetic #00s #00fashion #pinterestaesthetic #howto ♬ Vacation Bible School - Ayesha Erotica Regardless of the medium, the common thread in youth nostalgia is that it fosters a sense of belonging. Nostalgia helps us strengthen relationships through shared experiences. That builds trust, Ho said.He explained that we often unconsciously use others' consumption cues to make judgments about them; those with similar nostalgic consumption proclivities like music playlists and movie references likely share the same values. "We are evolutionarily designed to seek out those like-minded individuals as the people who can be trusted," he said.It makes sense then, he added, that younger generations would turn to nostalgia during times of economic and social upheaval. Pankowski said because the past is complete, it feels simple and structured compared with the uncertain times of the pandemic. It's what the millennium provided Gen Z, and what NYC-based TV shows gave me. As he put it, "Thinking about it brings a calmness that can be hard to find in the chaotic present."Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

British politician says she was sacked as a minister in Boris Johnson"s government because she was a Muslim

The Sunday Times reported that Nusrat Ghani said a whip told her that people in 10 Downing Street were "uncomfortable" with her "Muslim woman status." Conservative Party MP Nusrat Ghani addresses members of the Uighur community and human rights activists demonstrating outside the Houses of Parliament in London, United Kingdom on April 22, 2021.David Cliff/Anadolu Agency via Getty Images Nusrat Ghani was removed from her role as transport minister in a Cabinet reshuffle in 2020 She said she was told people in Boris Johnson's government were "uncomfortable with her Muslimness," The Sunday Times reported. The Conservative Party has been previously investigated over Islamophobia in the party.  A Conservative MP has said that she lost her ministerial position in Boris Johnson's government due to her "Muslimness," The Sunday Times reported..Nusrat Ghani, who in 2015 was the first Muslim woman to be elected a Tory MP, was removed from her role as transport minister in a Cabinet reshuffle in February 2020. She said that a whip told her her "Muslimness was raised as an issue" by people in 10 Downing Street, where they noted her "Muslim woman minister status was making colleagues feel uncomfortable."The Sunday Times reported Ghani said these comments felt  "like being punched in the stomach. I felt humiliated and powerless."  The paper also reported these comments made Ghani debate whether or not she wanted to stay in her position as an MP, saying, "I will not pretend that this hasn't shaken my faith in the party."Writing on Twitter, chief whip Mark Spencer identified himself as the person these comments allegedly came from but said, "These accusations are completely false and I consider them to be defamatory."—Mark Spencer (@Mark_Spencer) January 22, 2022 Spencer initially wrote these comments on Twitter, deleted them, and then republished them. An end to a tumultuous week for the PMThese comments have come at the end of a week of political turmoil for Boris Johnson, as a number of letters have been sent to the Conservative party's 1922 committee — of which Ghani is a vice-chair — calling for a vote of no confidence in the prime minister after it media reports that Johnson attended and supported regular parties at 10 Downing Street while the country was in a full COVID-19 lockdown. Should the committee receive 54 letters, with speculations suggesting around 40 have currently been filed, a vote on the party's trust in the prime minister's fitness to lead will take place. Boris JohnsonLeon Neal/Getty ImagesOne MP told Insider's senior political editor Catherine Neilan that they're "not sure the [1922 committee] exec is full of FoBs — Friends of Boris," as the MP suggested that the committee could organize a vote to hinder Boris' chances at success. "Whereas last time, it was organized to give [Theresa] May support, this time I suspect they are less minded to," the MP, speaking on a condition of anonymity, added.Islamophobia in the Conservative Party It is not the first time allegations of Islamophobia have been raised within the Conservative party. During the Conservative leadership race of 2019 — which was subsequently won by Johnson — Savid Javid, the current health secretary, made all candidates vow to support an inquiry into Islamophobia in the party. In May 2021, this inquiry into anti-Muslim sentiments within the party was published, finding that it "remains a problem" within Conservative Party.The report also found that between 2015 and 2020, Two-thirds of all incidents reported to the Complaints Team at Party headquarters ("CCHQ") related to allegations of anti-Muslim discrimination. Boris Johnson himself has also come under fire after saying Muslim women who wear the burqa look like "letterboxes" and "bank robbers" when commenting on Denmark's burqa ban.  In a statement sent to Insider, A No 10 spokesperson said, "After being made aware of these extremely serious claims, the Prime Minister met with Nusrat Ghani to discuss them. He then wrote to her expressing his serious concern and inviting her to begin a formal complaint process. She did not subsequently do so. The Conservative Party does not tolerate prejudice or discrimination of any kind.' Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Boeing"s most controversial plane is being used to fight climate change. See inside the new Boeing 737 Max ecoDemonstrator.

Technology being tested on the 737 Max ecoDemonstrator may be found on Boeing aircraft, both new and existing, for decades to come. An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/Insider Boeing and Alaska Airlines are teaming up to test new technologies that aim to make the aviation industry more sustainable.  A Boeing 737 Max 9 has been outfitted with experimental technology for engineers to test.  The most viable technology may soon be found on Boeing's future aircraft.  The aviation industry is working towards a more sustainable future as airlines and aircraft manufacturers alike are being forced to examine and improve their environmental impact.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Andrew Mauro/Shutterstock.comAirlines are limited in how they can reduce their carbon footprint owing to a lack of availability of sustainable aviation fuels. But what airlines and aircraft manufacturers can control, to a degree, is the carbon footprint of their aircraft.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderBoeing's ecoDemonstrator program aims to test new technologies that can maximize aircraft efficiency. It's a win-win for airlines that get to reduce their emissions and costs while also helping Boeing make its aircraft more attractive to prospective buyers.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderBoeing and Alaska Airlines have teamed up to test new technologies onboard a Boeing 737 Max 9 aircraft that is Boeing’s new ecoDemonstrator. Take a closer look at the aircraft.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderThe Boeing 737 Max is a prime example of how existing aircraft can be upgraded with new technology that both lowers emissions and reduces costs for airlines.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderTwo CFM International LEAP-1B engines power the 737 Max using longer fan blades made from composite materials to reduce the rate of fuel burn by 14% compared to previous-generation engines.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderAnd on the wings, new "advanced technology" winglets increase the aerodynamic efficiency of the aircraft using laminar fuel that also contributes to a reduction in fuel burn.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderBut Boeing is looking to get granular with its aircraft as even a 20-pound weight reduction can have a big impact on performance and efficiency.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderOne seemingly minor but useful innovation is the low-profile anti-collision light to replace the convention anti-collision light that's a required feature on airliners.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderLocated on the belly of the aircraft, the anti-collision light is a minor fixture of the aircraft that extends a mere four inches from the fuselage. Its presence, however, disrupts the smooth flow of air under the aircraft ever so slightly and causes drag.An aircraft landing at night.motive56/Shutterstock.comBoeing wants to make the light almost flush with the fuselage to improve airflow and reduce drag along the airframe, as well as keep the light's infrastructure on the inside of the aircraft to shield it from the extreme conditions of flight.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderThe change might seem minor but will have an impact on how much fuel an aircraft will burn in a given flight, as well as how often an airline might need to repair anti-collision lights.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/Insider"It's a very minor drag reduction but it all adds up to a more efficient airplane," Chad Lloyd, Boeing's manager for the ecoDemonstrator program, said.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderInside the engine, Boeing is testing acoustic treatments that aim to reduce the noise levels of an aircraft for the benefit of people on the ground.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/Insider"We're testing new technologies to put acoustic treatments in parts of the engine that have never been able to accommodate those treatments before," Addison Salzman of the ecoDemonstrator program said. A large microphone array the size of a football field is then used to test the noise levels.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderBoeing is also testing alternatives to halon as an engine fire extinguisher, as liquefied gas has been banned in the US and can no longer be produced. The ecoDemonstrator has been leading the charge on testing new extinguishing agents.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderRows of traditional airplane seats fill the ecoDemonstrator's cabin in part to match the weight of an airliner and also to fly Boeing's test engineers around the world.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderBoeing is testing the use of carbon fiber sidewalls that are lighter than traditional materials. The carbon fiber is recycled from the production of the Boeing 787 Dreamliner and is 20% lighter than current materials, resulting in 20 to 30 pounds of weight savings.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/Insider"One of our goals as an airframe manufacturer is to make aircraft lighter," Lloyd said. "Lighter airplanes result in less fuel burn, which results in less emissions into the atmosphere."An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderMicrophones in the cabin also test the noise-reducing capabilities of carbon fiber compared to traditional materials.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderMonitoring stations in the front half of the aircraft allow flight test engineers to monitor and review data, while also monitoring the safety of the flight test aircraft during missions.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/Insider"The things that we do here through airline partners and others help inform things that will go on our next airplanes and also improvements that will go on our existing airplanes," Chris Raymond, Boeing's chief sustainability officer, said.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderBoeing launched the EcoDemonstrator program in 2012 with the goal of testing multiple technologies using a single plane, replacing the prior practice of using one aircraft to test one technology at a time.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderAlaska Airlines's Boeing 737 Max 9 is serving as the eighth aircraft in the role. The previous ecoDemonstrators include the Boeing 787-9 Dreamliner, Boeing 757, Boeing 777-200, Boeing 777 Freighter, and Boeing 737 aircraft.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderThe ecoDemonstrator program in its 10-year history has already yielded results that can be found on Boeing aircraft. The advanced technology winglet that is found on all 737 Max aircraft originated from the ecoDemonstrator program.A Boeing 737 Max aircraft.AP Photo/Ted S. WarrenBoeing has tested around 225 technologies on ecoDemonstrator aircraft, with around a third being implemented by the manufacturer on new aircraft as well as service solutions it offers.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderTechnology that's tested on the ecoDemonstrator might not see deployment on a new Boeing plane for years to come. Though, some technologies have been able to make it from ecoDemonstrator to a new aircraft in as little as two years.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderBut the findings that Boeing makes will enable next-generation aircraft to offer additional fuel savings and reduce the harmful emissions that impact the environment.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderThe real breakthrough will come once the code is cracked on alternative and sustainable aviation fuels.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/Insider"If we can move to 100% sustainable aviation fuel, we can see an 80% reduction in [carbon dioxide] emissions," Lloyd said.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderDespite the Boeing 737 Max being a fully certified aircraft, the ecoDemonstrator is classified as "experimental" because of the non-standard technology being treated onboard.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderAnd once this aircraft's time as the ecoDemonstrator is finished, it will join the Alaska Airlines fleet flying passengers around the US, Caribbean, and Central America.An Alaska Airlines Boeing 737 Max 9 ecoDemonstrator.Thomas Pallini/InsiderRead the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Meet a pre-K teacher who lost her job and lived on $1,000 a month from a basic-income program for Black mothers in Mississippi: "I didn"t know how I was going to make ends meet"

A teacher who lost her job paid her bills using monthly cash from a basic-income program. Local versions of UBI plans have popped up all over the US. Programs like Magnolia specifically target groups of people more likely to face financial hardship.MoMo Productions In 2020 and 2021, Tamara Ware received $1,000 a month from a basic-income program.  The program provided monthly funds to 100 low-income Black mothers in Jackson, Mississippi. Income programs like this are meant to help groups of people more likely to experience poverty. Tamara Ware, 37, who taught prekindergarten for 18 years, was suddenly sent home in March 2020 without an alternative plan — or a paycheck. Along with 701,000 other people in the US that month, she'd lost her job. She got by with a little help from no-strings-attached $1,000 checks every month for the next year."I didn't know how I was going to make ends meet," Ware told Insider. "But Magnolia funding came right on time." As a low-income Black mother in Jackson, Mississippi, Ware was eligible for funding from the Magnolia Mother's Trust, a basic-income program in the city that provides $1,000 per month to 100 women for a year. Funded by a grant from the Economic Security Project — a national nonprofit organization — Magnolia has been giving out money since 2018. It's currently on its third cohort of mothers.Basic-income programs like Magnolia have been growing in popularity over the past few years, especially as the pandemic caused financial strain for many low-income households. Insider reported last month that there are at least 33 local UBI-type programs across the US. Basic-income programs differ from traditional welfare programs in that they come with no strings attached — participants are free to spend the money however they like. Support to get back on her feetPrograms like Magnolia specifically target groups of people that are more likely to face financial hardship. California, for instance, provides funds for programs geared toward low-income pregnant people and young adults transitioning out of the foster-care system."It shocked many people that the program only focused on Black mothers living in extreme poverty, but I believe we must be intentional in our approach," Aisha Nyandoro, who runs Magnolia, told Insider. "In Jackson, Black women and their children are the most financially insecure." Ware said that the Magnolia funds helped her pay for rent and groceries when faced with sudden unemployment. Additionally, she used free resources that Magnolia offered its participants, like classes on building good credit, counseling, and meditation sessions. "They have a lot of good resources that people should use," she said. "I will always advocate for this program. It's helpful getting people back on their feet and making them financially stable."The program helped Ware weather months of unemploymentWare has been teaching children since she was a teenager. She had her first daughter when she was 18 years old and immediately got a job working at a day-care center. "That made me want to be a teacher," she said. "I knew what I wanted to do right away." By the time COVID-19 restrictions shut down her school, it had been nearly two decades since she'd gone longer than a holiday break without working in child care. And she wasn't getting paid to stay at home. Ware told Insider that unemployment checks alone weren't enough for her family to pay their bills — as a teacher, she was paid $550 a week, and employment checks came out to about $250. She eventually started working again in 2021, but things were rough for her family in the meantime, especially when she contracted COVID-19 in November 2020 and experienced symptoms for two full months, she said. Her three daughters had to stay with her sister during that period. The decision to enter the classroom again wasn't an easy one for Ware, given that students and teachers have been catching COVID-19 at alarming rates. "I had to make a decision to risk my health or my own children's health if I decided to go to work," she said, a predicament that teachers throughout the country are facing. While Ware was unemployed, and especially when she was sick, Magnolia helped her pay for things her family really needed — and she said the program's "blank check" approach was crucial during this time. "There are so many single Black mothers I know in the world who are like me," she said. "There's a bunch of me in every state, I'm sure — single, working-class moms. I completely advocate for the program and feel more people should do it with no strings attached."  Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

The Road Ahead: Kauffman Foundation CFO on why the nonprofit is opening the spigots for small businesses

Bechard shared details on Kauffman's renewed sense of urgency and a slew of new and updated programs aimed at business owners who traditionally have struggled to gain access to capital......»»

Source:  bizjournalsCategory: top~Jan 23rd, 2022Related News

Law firms in Houston promote several new partners to start 2022

The start of the year always brings a flurry of partner class promotions at law firms across the nation. Here's a roundup of several firms' newly promoted partners in Houston......»»

Source:  bizjournalsCategory: top~Jan 23rd, 2022Related News

Specialty foods company finds space for growth in Troy

Fat Crow Gourmet's products are already in 45 stores. The owners say the new Troy space will help it grow even faster......»»

Source:  bizjournalsCategory: top~Jan 23rd, 2022Related News

NATO"s "Space Policy" Outlines Readiness To Jointly Respond To Attacks In Space

NATO's "Space Policy" Outlines Readiness To Jointly Respond To Attacks In Space Authored by Isabel van Brugen via The Epoch Times, NATO made public its official “overarching Space Policy” this week, outlining how it would protect its members from space attacks, citing threats from potential adversaries. The U.S.-led alliance said its collective defense principles will be extended to outer space in response to developments made at last year’s Brussels Summit. “At the 2021 Brussels Summit, Allies agreed that attacks to, from, or within space present a clear challenge to the security of the Alliance, the impact of which could threaten national and Euro-Atlantic prosperity, security, and stability, and could be as harmful to modern societies as a conventional attack. Such attacks could lead to the invocation of Article 5. A decision as to when such attacks would lead to the invocation of Article 5 would be taken by the North Atlantic Council on a case-by-case basis,” the document states. Article 5 of NATO’s founding treaty states that an attack on any one of the 30 allies will be considered an attack on them all. Until now, it has only applied to more traditional military attacks on land, sea, or in the air, and more recently in cyberspace. Considering that members have recognized that space is essential to NATO’s deterrence and defense, NATO will consider a range of potential options, for council approval, across the conflict spectrum to deter and defend against threats to or attacks on allies’ space systems, it said. Around 2,000 satellites orbit the earth, over half operated by NATO countries, ensuring everything from cellphone and banking services to weather forecasts. Military commanders rely on some of them to navigate, communicate, share intelligence, and detect missile launches. In December 2019, NATO leaders declared space to be the alliance’s “fifth domain” of operations. Many member countries are concerned about what they say is increasingly aggressive behavior in space by China and Russia. Space has become “increasingly important” for the security and prosperity of NATO members, the alliance added. “Space is an inherently global environment and any conflict that extends into space has the potential to affect all users of space. Even in cases where NATO is not involved in conflict, Allies’ space systems could be affected,” the document reads. NATO noted that a number of nations are developing counter-space and anti-satellite systems. “Potential adversaries” in particular are pursuing the development of a wide range of capabilities from non-kinetic (such as dazzling, blinding, and jamming of space assets) to kinetic destructive systems (such as direct-ascent anti-satellite missiles, on orbit anti-satellite systems, and laser and electromagnetic capabilities), it said. “Such space destruction, disruption, degradation, and denial capabilities are further exacerbated by the susceptibility of space to hybrid approaches and the associated difficulty of attributing harmful effects to space systems. Some threats, such as signal jamming and cyber attacks, can potentially be caused also by non-state actors, including terrorist organizations.” The document says, “Many threats to Allies’ space systems originate in the cyber domain and are likely to increase.” NATO said it would carry out its activities in outer space in accordance with international law, including the U.N. Charter, “in the interest of maintaining international peace and security and promoting international cooperation and understanding.” Baiba Braze, NATO assistant secretary general for public diplomacy, said in a statement on Twitter on Monday that it is “no surprise” that space is essential to NATO’s deterrence and defense. “Space has fascinated our imagination for centuries,” said Braze. The UK Space Command expressed support for the policy, saying on Twitter, “Space is a congested & competitive domain which is increasingly important for civilian and military activities.” “We rely on #space systems for everything from weather forecasts & navigation to intelligence & missile detection. But potential adversaries could threaten our freedom to operate, including with anti-satellite systems. #NATO’s new space policy sets out our approach,” said NATO Press Officer Dylan P. White. Tyler Durden Sun, 01/23/2022 - 07:00.....»»

Source:  nytCategory: deals~Jan 23rd, 2022Related News

January 24 - 30, 2022

To download the PDF and read the flip-book of this week's issue click HERE. To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~Jan 23rd, 2022Related News

Prices are rising all over the world, and leaders see no quick fix

Current bout of inflation marks end of era as countries grapple with uneven recoveries......»»

Source:  washpostCategory: top~Jan 23rd, 2022Related News

Why the pandemic’s work-from-home tech darlings are falling back to earth

Netflix, Peloton and other companies were wildly popular when people first started working from home. Now they are under pressure......»»

Source:  washpostCategory: top~Jan 23rd, 2022Related News

Play-to-earn crypto games have exploded onto the scene and are shaking up gaming business models. Here"s how they work, and where the value comes from for investors.

Value for play-to-earn games comes from the users, the popularity of the game, and the demand for its underlying token. Axie Infinity media kit Value for play-to-earn crypto games comes from a variety of sources, not just one thing. A game's popularity and demand for its underlying crypto token are all part of the equation, along with transaction fees. Such a business model relies on a constant new flow of players entering the ecosystem and adding value that can be extracted by others.  Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Play-to-earn games like Axie Infinity and Decentraland are blowing up across the crypto world. They seem to be revolutionizing the gaming industry with a new, highly engaging format with huge appeal.What is the source of the money?The value across all play-to-earn games comes from the currency that players earn within the platform. But not every game has the same model, and some small names are only looking to cash in on the metaverse craze.Most games have native tokens for in-game purchases and trading between players. They derive value through the use of their tokens which users and cryptocurrency traders deem valuable, according to blockchain developer James Bachini.For instance, the model used by Axie Infinity counts on players making a chunky upfront investment in game-specific NFTs (or Axies, in this case). Gamers can then trade their in-game digital assets — earned from playing — at an appreciated price with other gamers, who continue the loop to inject value into the gaming economy."If everyone decides to leave and exchange their Axie tokens for other digital currencies, then the token value collapses," Bachini said. "If the game continues to be successful, then demand for the token continues."The game's owners and investors have the belief that people will continue playing and funneling money into it. That's because digital asset ownership is gaining mainstream acceptance. Indeed, Axie's axs cryptocurrency gained an eye-watering 18,000% over the course of 2021, while Decentraland's mana token rose by 4,000%, ranking the two of them among the best performers overall last year from the crypto space, all thanks to the popularity of play-to-earn games and the metaverse.Am I guaranteed to earn money through playing?No. But it depends on the amount of time you invest in the game, its popularity, and the demand for the in-game assets or underlying token."Play-to-earn is not a magic pill that will make any game profitable for players, yet it sets a precedent and a canvas for such a value-distributing game," said Diego Di Tommaso, cofounder of open-source AR platform OVR.Is the business model sustainable?Possibly, but there are a number of problems associated with this concept because the appeal of earning money could dilute the gaming experience. One major risk is a game's ability to continue growing the economy it intends to build.The only way a play-to-earn model can be sustainable is having the game's users be of high quality, according to Adrian Kolody, founder of DeFi startup Domination Finance.Being entertained and actually having a good time while playing could be watered down by people using bot-farmers as a way to make the most of the game purely for the sake of residual income, he said. "Bot behavior also incentivizes the auto-dumping of the token rewards that you receive from these games," he said. "This leads to negative price action, and can mean certain death for some of these projects who rely on their token to do well for sufficient runway."Moreover, continuous trading of in-game assets creates the need for a constant inflow of new players to maintain the business model and develop revenue streams.How is the game itself earning anything?Easy one. Transaction fees! New players incur a fee for purchasing in-game currency, and this represents a major revenue stream for the game. The most appealing part of the game is the price appreciation of native tokens. Games with solid communities and brands have an edge over others."Axie's sustainability will be based on how fast it can grow its player base and drive additional utility to its in-game assets," said Koh Kim, head of ecosystem at blockchain infrastructure startup Mysten Labs. "Axie has literally changed people's lives – that's their competitive advantage. No other play-to-earn game has that level of loyalty."Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Israeli firm develops an infantry drone that can fire machine guns and sniper rifles at targets while flying

The next-generation fighting drone armed with infantry weapons is called The Smash Dragon and was designed by the Israeli company Smart Shooter. Smart Shooter's SMASH Dragon allows rifles to be mounted on drones.Smart Shooter An Israeli company has developed an armed drone system that can fire infantry weapons while flying. The Smash Dragon can strike static and moving targets while hovering above. The next-generation fighting drone was designed by the company Smart Shooter. An Israeli arms manufacturer has developed a robot weapon that can fire infantry weapons at static and moving targets while flying.The Smash Dragon, designed by Israeli company Smart Shooter, can be mounted on different forms of unmanned aerial platforms, such as drones, and can strike targets while hovering over them.An assault or sniper rifle can be mounted to the system and remotely triggered by an operator.The weapon is "extremely lightweight" and uses a "unique stabilization concept," which allows it to precisely hit targets no matter how fast the drone is traveling, the company said in a press release shared with Insider.The system has sophisticated computer vision capabilities and works during the day and the night.The SMASH Dragon has completed successful live firing tests and is in the advanced stages of development but is not yet operational, the company said.The system will utilize the company's Smash 2000 technology, which uses built-in targeting algorithms to track and strike targets with precision.The technology has been used to take down Hamas drones and incendiary balloons launched from Gaza, The Jerusalem Post previously reported."Smart Shooter's SMASH technology offers precise elimination of threats at ground, air, and sea," Smart Shooter CEO Michal Mor said in a statement shared with Insider."We are now happy to offer the same precise, combat-proven target engagement technology mounted on an unmanned aerial platform that can be controlled from a distance," he said. Mor said it was critical to keep the system lightweight as weight impacts mission endurance and cost when it comes to drones.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Truckers say an electronic device that measures the hours they drive each day sometimes leaves them stranded just 30 minutes from home

Brian Pape says electronic logging devices drove him out of the trucking industry: "That was it for me. I sold my equipment and I was gone." Alistair Berg/Getty Images Truckers are paid based on mileage but they're only allowed to drive for 11 hours each day. Electronic devices record how long they drive for — but truckers say these can be too restrictive. The limits could leave them stranded 30 minutes from home or stuck in a high-crime area, they say. It wasn't low wages, long hours, or a lack of benefits that drove Brian Pape out of the trucking industry.Instead, it was a tiny device that measured how many hours he drove each day and told him when to stop."That was it for me," Pape told Insider. "I sold my equipment and I was gone."Truckers are allowed to work for up to 14 hours a day, with a maximum of 11 hours driving. They can't do this all in one go: after eight hours of consecutive driving, they need to take a 30-minute break.These regulations have been in place for years but in 2017 the DOT scrapped the use of paper logs written by truckers and instead mandated electronic logging devices, known as E-Logs, that track when truckers drive and take breaks.Truckers largely say they're in favor of the hours-of-service regulations but that E-Logs were sometimes too strict and left drivers stranded close to home or a truck stop."If you're 30 minutes from home and you get to your 11 hours, you must shut down or else you get an automatic hours-of-service violation," Pape said. This incurs a fine and could jeopardize a trucker's license.Indiana trucker Mark Rumps runs his Geotab E-Log software on a Samsung tablet.Courtesy of Mark RumpsPape said that prior to the introduction of E-Logs he sometimes exceeded the 11-hour limit by around an hour to reach a certain destination, but never "to a dangerous level." Other truckers made similar comments to Insider.Mark Rumps, an Indiana trucker who runs the YouTube channel Trucking Answers, said that some companies even deliberately avoided using E-Logs by buying and refurbishing trucks with engines manufactured in 2000 or earlier because these are exempt from E-Logs.Pape said just two weeks using E-Logs convinced him to quit driving after around 13 years.Other truckers have been leaving the industry over low pay, long hours, and bad treatment from trucking companies, which has caused chaos across the supply chain.Colorado-based trucker Brian Stauffer said E-Logs were one of the reasons why he quit long-distance driving, likening them to "trying to force a round peg into a square hole."Stauffer said the "maddening" hours-of-service rules often didn't match drivers' body clocks. He said there should be exceptions, like if the driver reaches their 11-hour limit in a high-crime area and doesn't want to park there overnight.Most truckers are paid based on mileage."Driving time equals miles on the road and miles equal dollars," said Doug Watters, a Mississippi trucker who's been in the industry for almost 30 years.Stauffer said the hours-of-service policy "forces" truckers to drive even tired and go at high speeds to boost their mileage.But truckers said that, prior to the E-Logs, some drivers cheated on their paper logs and drove recklessly to maximize their mileage, anyway.And Rumps said that E-Logs held trucking companies "accountable" and meant they stopped pushing drivers to take more loads when they'd reached their limit.The dispatchers and trucking companies "know now that they're gonna be held liable if there's any kind of evidence that they coerced or forced a driver to do anything out of the ordinary," Watters added.Truckers said E-Logs were more convenient than paper logs, and Rumps said that ultimately, they simply reinforce policies that were already in place anyway."The same hours of service are in effect," he said. "Drivers were just violating them all the time to get home.""If you violate the hours of service that's because you're not being paid properly," Rumps added.Are you a trucker with a story? Email this reporter at gdean@insider.com.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Looking to improve your chance of promotion in 2022? Here are 5 pitfalls to avoid if you want to climb the ladder, according to experts.

You can never guarantee that you'll get a promotion but some behaviors can almost certainly ruin your chances. According to career experts, some attitudes and behaviours ruin your chances of getting a promotion.Klaus Vedfelt/Getty Images Getting promoted is no easy feat and is never guaranteed.  Sometimes, however, you may be ruining your own chances of climbing the career ladder.  Insider asked three career coaches about the most common mistakes people make. Gaining a promotion is no easy feat.  It takes planning, hard work, and no shortage of luck. Even then, it's not guaranteed. However, it's possible in your attempts to climb the ladder you inadvertently sabotage your own progression. Insider spoke to three experts for their advice on how to improve your chance of climbing the career ladder. They broke down some key habits to avoid that could scupper your chances.Staying silent Waiting for your boss to recognize your hard work and being silent about your ambitions may not get you very far, according to Octavia Goredema, career coach and author of "Prep, Push, Pivot." Don't wait for them to notice. Goredema told Insider: "If you're targeting a promotion, start having early conversations with your manager about how promotions are determined, who the decision-makers are, the timing for promotion considerations, and what the requirements are for the role you are targeting." Share your wins regularly and make sure your accomplishments are visible to your manager, she added.  Acting like a know-it-allHowever, while you should be open about why you feel you deserve a promotion, you should not be arrogant. Having an "I know it all" attitude is unlikely to put you in good stead for a promotion, Ralf Specht, author of "Building Corporate Soul" and an expert in corporate culture, told Insider. "Your boss will not recommend you to a promotion if you have built a reputation of 'what do they know, I fully understand the whole business,'" he said. Your leaders will know if you don't, he added.Making assumptionsIt's also important to avoid making assumptions about your professional growth, Goredema said.Sometimes, you might think you deserve a promotion but your manager in fact thinks otherwise. "If your manager's opinion is not aligned with your promotion goals, you need to understand why. Then, you need to determine if this is something you can fix," she said. We usually know when we want a promotion but knowing if we are ready is an entirely different question, she added. How can you tell whether you might be ready for a promotion? It's usually a good sign if your manager proactively talks to you about growth opportunities and your advancement, Goredema said. Being defensivePretending you're the victim or being defensive is unlikely to do you any favors, Specht said.Promotions come with responsibility and no one is promoting anyone who denies their responsibility consistently, he said."That does not mean that you have to say 'yes' all the time – quite the opposite: if you have a solid view of a situation that contrasts to the current opinion in the office, make sure your voice gets heard," Specht added. Avoiding discomfortIt's easy to stay doing what you're good at and what you know but there's no guarantee that simply doing your job well will lead you up the ladder.Look for areas and opportunities in companies that are rapidly moving, because your career will be carried along with them. This is the advice of James Reed, the chairman of The Reed Group, which owns one of the UK's biggest recruitment websites, Reed.co.uk. It's better to be a mediocre manager in a fast-moving industry than a great one in a declining sector, Reed said."You don't have to be the best manager. But if you're dropped in the fast-flowing current, you'll progress further than you would if you were dropped in a sort of eddy or a stagnant pool," Reed added.      Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Some Starlink customers say SpaceX"s customer service is "non-existent" nearly 1 year after paying a $100 deposit and receiving no updates

One Starlink customer who asked for a refund said he can't contact SpaceX to tell the company that he hasn't got his money back. SpaceX CEO Elon Musk.PATRICK PLEUL/POOL/AFP/Getty Images Elon Musk's SpaceX has left some Starlink customers waiting nearly a year for internet, they said. Some customers said they're hanging on for Starlink. Others said they've requested a deposit refund. One customer who asked for a refund said he can't contact SpaceX to say he hasn't got his money back. Morgan Pace was trying to set up broadband for his 70-year-old father, who lives on a cattle ranch in Northern California.In February, Pace signed up to Starlink — SpaceX's rapidly expanding satellite internet network — and paid a $100 deposit to secure the service two months later."Months went by and not a peep," he told Insider.Pace said he checked his account and saw that he could lose his place in line if he took back his deposit. There was no contact number for Starlink customer service on SpaceX's website, he said.After 10 months of waiting for the internet, he requested a refund for his deposit."I think Elon is a very smart man and wish him the best, but I think his customer service for Starlink was non-existent," Pace said.Insider spoke to more than ten people who have waited nearly 12 months for Starlink's internet service. However, they have received no updates from Elon Musk's company on when Starlink will be available in their area and if the kit is on its way.They sent Insider email confirmations of their Starlink purchases and refund requests, made from February onwards.SpaceX didn't immediately respond to Insider's request for comment, made a few days before publication.Jason Kirkpatrick, who is based in Michigan, told Insider that he paid $100 to secure Starlink in March but decided to request a refund in December because of the lack of contact from SpaceX. Kirkpatrick said that when he logs onto his Starlink account, it says his deposit was refunded. However, he said he never got the money back, adding that he can't get through to SpaceX to alert them of the issue.He said he felt "cheated" out of his deposit. "Not sure how a company just can walk away with customers money without providing the service," he said.Another Starlink customer, Scott Alexander, told Insider that he's been waiting nearly a year for his Starlink kit to arrive. "Since then I have heard nothing but the generic excuse email that, we have all heard, noting pandemic and supply chain issues," he said.SpaceX sent emails to Starlink preorder customers last year, apologizing for shipping delays and saying silicon shortages have slowed down the production rate.Alexander said his neighbor, who ordered Starlink three weeks before him, has already received his kit.Starlink said in August that the global chip shortage was delaying the production of user terminals.Keith Bosse, who paid a deposit for Starlink on February 25, told Insider that his order was pushed back from mid to late 2021 to the first quarter of 2022."Seems like if they can go to space they could at least send me an update via email?" Bosse said.Meanwhile, in Canada, Troy Dubé paid 129 Canadian dollars for a Starlink deposit in late February but still hasn't had any contact from SpaceX. He told Insider that Bell Canada is now available in his area so "it'll be a matter of who gets me the faster service first."Dubé said it would be useful to contact SpaceX, especially after other people on the same latitudinal line near to him have received their Starlink kits eight months after he first ordered his kit."I currently have little choice but to wait it out," Dubé said.More than five other customers got in touch with Insider to say they had experienced the same silence after preordering Starlink. Insider first reported in September that customers were frustrated at not being able to find out when they'll receive their kits.Starlink has more than 1,400 active satellites in orbit, Musk tweeted recently.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Impoverished Afghan women are receiving emergency aid in crypto as the Taliban limits cash withdrawals and millions go hungry

The founder of a coding school for women in Herat is sending Binance payments to her neediest students amid a cash crunch and collapsing economy. Girls learn to code at the Code to Inspire school in Herat, Afghanistan.Fereshteh Forough Desperate Afghans are struggling to withdraw cash as the economy crumbles under the Taliban. The founder of a coding school for Afghan women told Insider that her students' families were going hungry. She devised an innovative solution — sending emergency payments to them in the form of crypto. Afghanistan's economic collapse due to US sanctions and a shortage of cash as the Taliban chokes of bank withdrawals means millions of people can't afford to buy food or medicine. But Fereshteh Forough, a New Hampshire-based Afghan social activist and founder of Code to Inspire, has devised an inventive workaround to help support needy students at her Herat coding school.She's sending them cryptocurrency.Fereshteh Forough, the founder of Code to Inspire, is pictured.Fereshteh ForoughForough set up the Code to Inspire school in Herat, Afghanistan, in 2015, to educate the city's young women about computer programming and becoming financially independent.It was a success. Forough told Insider that more than 350 female students learned how to code, and close to 65% of graduates found jobs in their communities — many becoming their household's sole earner.But it all changed when the Taliban took over Afghanistan in August 2021."The girls texted me that all of them had lost their jobs because of the Taliban's policies," Forough said. "And as the sole breadwinners, their families were falling apart."Afghans are unable to withdraw large sums of cashThe economy in Afghanistan is in collapse.The value of the currency tanking combined with the price of household essentials rocketing has led to widespread food insecurity, Insider reported. With foreign aid suspended, an overwhelming majority (98%) of Afghans don't have enough to eat, according to the World Food Programme.The situation is particularly "horrifying" for the nation's women, Forough said, many of whom have been forced out of jobs and into poverty.On top of being desperately hungry, she explained that many of her female students have struggled to pay for medicine and internet access.Forough said she wanted to send emergency payments to these women, but, frustratingly, most of her transactions were blocked by Western Union and JPMorganChase. Once some of the money did eventually go through, often, her students were unable to withdraw cash at local banks.Bank withdrawals are severely limited due to a shortage of paper money and the Taliban being unable to get its hands on the Afghan central bank's almost $10 billion in reserves that US sanctions have frozen.A Taliban fighter secures the area as people queue to receive cash at a money distribution site organized by the World Food Programme (WFP) in Kabul, Afghanistan, Wednesday, Nov. 17, 2021.Petros Giannakouris/APAs The Intercept first reported, Forough came up with an ingenious solution — sending emergency aid payments using cryptocurrency."We found that actually there are a bunch of local money exchanges in the financial district of Herat that are accepting crypto and they can cash it out for you in either afghanis or dollars," she said. She helped her students create Binance accountsCode to Inspire selected 100 of the neediest students and built a relationship with Binance — the world's largest crypto exchange — which agreed to sponsor three months of cash assistance to the students."We then helped all 100 girls to create a Binance account through Trust Wallet," Forough said.At first, she explained, it was "very difficult" because many of them didn't have smartphones or lacked the technological literacy needed to create a wallet. But Code to Inspire put out an educational video to teach them how to.Now some of the girls, she explained, have the crypto knowledge to immediately convert Binance to Tether USD (USDT) to try and circumvent massive fluctuations in value. USDT, as with other stablecoins, is pegged to the US dollar and is considered less volatile than other cryptocurrencies.Forough said that donating cryptocurrencies holds many advantages for the women in Afghanistan, including a reduced risk in the money being confiscated."And if they got displaced from Afghanistan or any part of Afghanistan, they can also carry their finances with themselves everywhere they go," she continued. "That, to me, is empowering."Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Bitcoin price falls below $37,000 in tandem with tech selloff

It is becoming a more common occurrence: When stocks fall, so does bitcoin......»»

Source:  foxnewsCategory: market~Jan 23rd, 2022Related News

High fertilizer prices could mean smaller crops

Farmers across Mississippi are having to adjust to a steep rise in the price of fertilizer......»»

Source:  foxnewsCategory: market~Jan 23rd, 2022Related News

Clarence Thomas" wife spoke at a conservative conference featuring the founder of the Oath Keepers, a far-right militia group involved in the Capitol riot

The event with Stewart Rhodes is one of many ties Virginia Thomas has to right-wing extremists and the January 6 insurrection, the New Yorker reported. Associate Supreme Court Justice Clarence Thomas sits with his wife and conservative activist Virginia Thomas while he waits to speak at the Heritage Foundation on October 21, 2021 in Washington, DC.Drew Angerer/Getty Images Supreme Court Justice Clarence Thomas' wife has ties to right-wing groups, the New Yorker reported.  The founder of the Oath Keepers was featured in an event where Virginia Thomas co-hosted a banquet. Earlier this month, Stewart Rhodes was charged with sedition in connection to the Capitol riot. Supreme Court Justice Clarence Thomas' wife co-hosted a banquet as part of a symposium that featured the founder of the Oath Keepers, the New Yorker reported. In a story published Friday, Jane Mayer detailed Virginia "Ginni" Thomas' ties to conservative groups. Among her connections is Stewart Rhodes, who founded the extremist militia group in 2009. Prosecutors previously said the Oath Keepers planned out attacks on the Capitol and held trainings in the weeks before January 6, 2021.Thomas, a conservative activist and attorney, co-hosted a Remember the Ladies Banquet at the 2010 Liberty XPO & Symposium, which has been described as the "largest conservative training event in history," alongside Moms for America president Kimberly Fletcher.The symposium also featured Rhodes, who earlier this month was arrested and charged with seditious conspiracy in connection to the Capitol riot. His arrest and charges marked the first time federal prosecutors brought sedition charges against anyone in the investigation into the Capitol siege. He has pleaded not guilty. Rhodes is just one of many connections Thomas has to right-wing extremists and the January 6 insurrection, Mayer reported. Fletcher, for instance, who co-hosted the banquet with Thomas, gave two speeches the day before the riot in which she spread the false claim that the 2020 election had been stolen from former President Donald Trump. The New Yorker report on Thomas' connections to right-wing groups and those involved in the Capitol riot comes on the heels of the Supreme Court denying Trump's request to block the January 6 house select committee from obtaining presidential records for their investigation.Thomas' husband, Justice Clarence Thomas, issued the lone dissenting vote. According to the New Yorker, Thomas is also involved with parties whose cases are presented before her husband in the Supreme Court. Bruce Green, a professor at Fordham specializing in legal ethics, told Mayer that the appearance of Thomas's political activism has an impact on the perception of justice and is "awful." "They look like a mom-and-pop political-hack group, where she does the political stuff and he does the judging," Green said. Insider has reached out to Thomas, the Supreme Court, Fletcher, and an attorney for Rhodes for comment.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

PPP fraud charges brought against CEOs, celebrities in Georgia

Charges were recently brought against several celebrities, entertainers and business leaders in Georgia for allegedly defrauding the Paycheck Protection Program for a total of more than $3 million......»»

Source:  foxnewsCategory: top~Jan 23rd, 2022Related News

Dude, Where’s My Oil? (And Why Is It So Expensive?)

The world’s oil stockpiles are looking a lot lower than expected. All those ‘missing barrels’ might make prices soar further......»»

Source:  washpostCategory: top~Jan 23rd, 2022Related News

A former Trump official admitted he helped Rudy Giuliani with the fake electors scheme

Boris Epshteyn, a former Trump campaign adviser, told MSNBC host Ari Melber he was part of the "process to make sure there were alternate electors." A November 19, 2020 photo shows the personal lawyer of US President Donald Trump, Rudy Giuliani, speaking at a press conference watched by Trump campaign advisor Boris Epshteyn (R), at the Republican National Committee headquarters in Washington, DC.MANDEL NGAN/AFP via Getty Images Republicans in seven states tried to falsely certify the election in favor of Donald Trump. On Friday, Boris Epshteyn, a Trump adviser, told MSNBC he helped with the fake electors scheme.  Epshteyn, alongside Rudy Giuliani, was subpoenaed by the January 6 House select committee last week. A former Trump campaign adviser admitted to playing a role in a scheme to have illegitimate pro-Trump supporters falsely certify the election for him in seven states won by President Joe Biden. MSNBC host Ari Melber asked Boris Epshteyn on Friday if he ever worked on or supported the elector scheme. "Yes, I was part of the process to make sure there were alternate electors for when, as we hoped, the challenges to the seated electors would be heard, and would be successful," Epshteyn said. On Thursday The Washington Post reported that Epshteyn said he'd participated in conference calls with members of Trump's legal team, including Rudy Giuliani, to discuss the electors. The Post and CNN reported on Thursday that members of Trump's inner circle, led by Giuliani, coordinated the scheme.The illegitimate electors' plan had Trump supporters in seven states – Arizona, Georgia, Michigan, Nevada, New Mexico, Pennsylvania, and Wisconsin – submit documents to Congress falsely claiming Trump won the states despite the majority of votes actually going to Joe Biden, according to documents obtained by the watchdog group American Oversight in March 2021. That plan was included in a six-page memo written by attorney John Eastman detailing a plan for overturning the 2020 election. During his interview with Melber, Epshteyn continued to make false claims about election fraud. He also said he did everything legally, citing Hawaii in the 1960 presidential election as a "precedent" for "alternate" electors being used.CNN reported that in that election, however, Richard Nixon initially had a lead on John F. Kennedy by 141 votes (a narrow margin compared to any state in this previous election). After a legal recount, Nixon lost, and the multiple panels of electors were due to the state changing the outcome following the recount. "So, Ari, everything that was done was done legally by the Trump legal team, according to the rules, and under the leadership of Rudy Giuliani," Epshteyn said.Epshteyn, alongside Guiliani and Trump associates Sidney Powell and Jenna Ellis were subpoenaed by the January 6 House select committee this week. Additionally, several attorneys general from the seven states with illegitimate electors say they're pursuing investigations and charges. Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

Democratic lawmakers speak out in support of abortion rights on what "could be the last anniversary" of Roe v. Wade as law of the land

A Supreme Court decision expected by June could gut the protections granted by Roe v. Wade. Sen. Elizabeth Warren.Evelyn Hockstein-Pool/Getty Image Saturday marked the 49th anniversary of the landmark ruling Roe v. Wade. Democratic lawmakers marked the day by sharing their support for abortion rights. An upcoming Supreme Court ruling could gut the law and threaten reproductive rights. Democratic lawmakers spoke out in support of abortion rights on Saturday, which marked the 49th anniversary of Roe v. Wade.The landmark 1973 ruling held that the Constitution protects the right of women to choose to have an abortion without excessive government restriction. But in December, the Supreme Court heard arguments for a case involving a 15-week abortion ban in Mississippi that, if upheld, could gut the precedent set by Roe v. Wade.The court's decision is expected in June, but Insider's Oma Seddiq reported the conservative majority appeared open to ruling in favor of Mississippi's ban. Experts told her that if the court does side with Mississippi, it will undermine the core protections provided by Roe v. Wade."Today could be the last anniversary of #RoeVWade as law of the land," Sen. Elizabeth Warren of Massachusetts tweeted on Saturday. "But this isn't the end of the fight. Not even close. The American people are on our side. We must fight back for abortion rights and reproductive justice—and we must #ExpandTheCourt to rebalance it."Independent Sen. Bernie Sanders of Vermont also tweeted his support, writing: "Abortion is a constitutional right."—Bernie Sanders (@BernieSanders) January 22, 2022 Sen. Dick Durbin of Illinois, the majority whip of the Senate, also expressed concern over the fate of Roe v. Wade."@SenateDems believe that everyone deserves to make their own decisions about pregnancy & parenting—and the constitutional right to have an abortion is critical to making that a reality," he said in a tweet. "With #RoevWade hanging in the balance, we all must stand together to protect abortion rights."Vice President Kamala Harris also shared a video praising the protection Roe v. Wade granted to women and said the administration would work to protect reproductive rights despite threats by laws like the one in Mississippi."We must remain firm in ensuring that our country is not pushed backwards on women's reproductive rights," she said.Harris also advocated for the Women's Health Protection Act, federal legislation that she said would codify Roe v. Way. The bill passed the House in September but is unlikely to pass in the Senate.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 23rd, 2022Related News

What Twin Cities execs think it takes to lead for tomorrow

Late management guru Peter Drucker famously said, “Culture eats strategy for breakfast.” A strong organizational culture is especially important among the rapidly changing demands of the workforce and shifting workplace dynamics. As people increasingly expect employers to be more responsive to their needs, conscious leadership, in which leaders focus on serving those they lead, seems to be replacing a leadership-by-authority strategy. Creating a conscious culture by engaging employees at a….....»»

Source:  bizjournalsCategory: top~Jan 23rd, 2022Related News

A Minneapolis-area executive’s top lessons in becoming a better leader

Mike Bauer has come to appreciate strategy, people and culture more as he has developed in his role as a leader. He also has learned to trust his team and turn to the right advisors when he needs help. Simultaneously, Bauer Design Build has grown as an organization by implementing a comprehensive business framework and strategy with support from expert consultants. “We’ve learned what it means to better communicate as a team and how great communication and accountability builds the trust that….....»»

Source:  bizjournalsCategory: top~Jan 23rd, 2022Related News

Real estate in Metropolitan Kansas City rebounding after pandemic pause

After a significant pause in mid-2020, commercial real estate transaction volumes continued to rebound to near pre-pandemic levels in 2021. With investors sitting on an enormous pool of idle capital itching to be placed, deal volumes will likely increase further. The Urban Land Institute (ULI) and PricewaterhouseCoopers (PWC) in their joint publication “Emerging Trends in Real Estate 2022,” have indicated that, “U.S. real estate is popular, both at home and abroad. Investment volumes are….....»»

Source:  bizjournalsCategory: top~Jan 23rd, 2022Related News

A Litany Of Absurdity

A Litany Of Absurdity Via The Brownstone Institute, Allison Pearson writing for the Telegraph recounts her anti-lockdown views from early on, and how so many people who implemented draconian policies are now running from them and their own responsibility. In the course of her column, she provides a list of absurdities imposed on the British people. This column is excerpted below. At the end of the Second World War, Gaullists and Communists insisted that the majority of the French people had played a part in the Resistance. Actual figures for those who actively opposed the Nazis vary between 400,000 and 75,000. Something not entirely dissimilar is happening now as the Government prepares to lift Plan B restrictions next week, and fervent advocates of lockdown try to distance themselves from its dire consequences. Scientists whose mathematical models persuaded anxious ministers to impose drastic restrictions on human freedom not even seen during the Blitz are suddenly keen to emphasise that these were merely worst-case “scenarios”, not something on which you’d want to base actual policy. Did they mention that at the time, I wonder? Or has the Eddie-the-Eagle reliability of their predictions given rise to a certain hasty revisionism? Sorry, that’s unfair. Eddie the Eagle never predicted up to 6,000 Covid deaths a day this winter (actual number: 250). Michael Gove, the Cabinet’s most hawkish lockdown supporter, admitted last week to the 1922 Committee of Tory MPs that he was a “bedwetter” who got things badly wrong (unlike Boris) when he called for further restrictions over Christmas. Wes Streeting, the shadow Health Secretary, now says that we must never lock down again without explaining why the useless, No-opposition Opposition party not only failed to challenge any of the destructive rules, but continually called for them to be stricter. Cracks are even opening up in the wonkish façade of the Behavioural Insights Team, the so-called Nudge Unit, which bears much of the responsibility for terrifying the British people into complying with measures so cruel that I predict future generations will refuse to believe we ever allowed them to happen. Simon Ruda, co-founder of the team, told Unherd: “In my mind, the most egregious and far-reaching mistake made in responding to the pandemic has been the level of fear willingly conveyed on the public.” Eh? It’s a bit like the kid who drops a banger in the tin of fireworks, claiming he never meant to start a fire. Honest, guv! For those who were part of the lockdown Resistance, it is gratifying, but also oddly unbearable, to see the people who attacked us admitting that the “misinformation” we were accused of spreading 18 months ago turns out to be remarkably close to the truth. I am not a particularly rebellious person, and certainly not a brave one, but if I encounter any kind of injustice, my inner Welsh dragon starts breathing fire. I can’t help it. During the lockdowns, Idris the Pearson dragon seldom stopped fuming at the thousands of harrowing stories which readers shared with me. Like the lecturer who emailed about one of his students, a glorious young man, who fell to his death after hiding on the roof when police raided his house because a small party there breached lockdown regulations and the lad didn’t want to get into trouble. He paid with his young life for the stupid rules that were made – and repeatedly broken, as we now know – by middle-aged men in Westminster. When the Resistance dared to suggest that some lockdown measures were disproportionate, crazy and unsupported by science, let alone common sense, we were reviled. That is no exaggeration. I regret to say your columnist was called, in no particular order, a Covid denier (I nursed my entire family through the virus), a granny killer (I didn’t see my own mother for 18 months) and a spreader of disinformation. When I protested on social media that putting padlocks on the gates of playgrounds was a terrible idea, back came a fusillade of vicious accusations: “You want people to die!” To question the official narrative that nothing mattered except keeping people safe from Covid was heresy. Witches like me had to be burnt at the stake before we could spread our subversive ideas to all Sage-fearing people. Funny how things turn out, isn’t it? It is now widely acknowledged that the NHS was never overwhelmed (that’s why the Nightingales were shut without being used). And even those prophets of doom at the BBC finally acknowledged this week that half of “Covid deaths” since Christmas are not actually “from” Covid but “with” Covid. That is not to deny that some of us came up with occasional wrong answers. I certainly did, although I will be proud for the rest of my life that my Planet Normal co-pilot, Liam Halligan, and I had the guts to keep asking the questions. Admittedly, the lockdown tragedy did have its moments of unintentional comedy. Who can forget the immortal exchange between Sky News’s Kay Burley and the then Health Secretary, Matt Hancock? Burley: “How long will the ban on casual sex last?” Hancock [serious face]: “Sex is OK in an established relationship, but people need to be careful.” Careful, unless you were the Secretary of State for Health, of course, in which case sex outside your established relationship was fine and dandy because, well, it was with a colleague. What No 10 would doubtless call a “work event”. How did we listen to that bonkers, ahem, advice with a straight face? With the UK set to be one of the first countries to come out of the pandemic, I thought it was worth starting to compile a list of the most lunatic measures. Lest we forget. Some of my followers on Twitter offered these. I’m sure you will have your own. 1. “Church yesterday. Wafer but no wine for communion. Service followed by wine and biscuits to mark the vicar’s retirement.” 2. “The one where you could work in a control room with multiple people for 12 hours then be breaking the law if you sat on a bench drinking coffee with one of them.” 3. “Forming a socially distanced queue at the airport before being sardined into a packed plane with the same people, two hours later.” 4. “Swings in our local park put into quarantine or removed – even though children were barely at risk from Covid as swings were outside.” 5. “No butterfly stroke allowed while swimming.” 6. “Pubs with no volume on the TV.” 7. “Not allowing people to sit on a park bench. My elderly aunt kept fit by walking her dog every day, but she needed to rest. Since that rule, she stopped going out. She went downhill and died last April.” 8. “I got thrown out of a McDonald’s for refusing to stand on a yellow circle. I was the only customer.” 9. “Yellow and black hazard tape across public seats and benches outdoors.” 10. “I’m stuck in the infant in-patient ward with my nine-day-old sick baby, post C-section, unable to look after him. My husband (same household) is not allowed to be here with us. I’m having panic attacks, which is preventing me from producing milk for the baby.” 11. “I was advised by a council worker to keep my dog on a lead because people might stop to pet her and congregate too closely.” 12. “My bed-ridden mother-in-law with dementia in a care home where only ‘window visits’ were allowed. Mum was on the first floor. Had to wait for someone to die on the ground floor so she could be moved down there and finally seen by her family. After 12 months.” 13. “Two people allowed to go for a walk on a golf course. If they took clubs and balls, it was a criminal offence.” 14. “The one-way system in my local pub, which meant that to visit the loo you had to make a circular journey through the building, ensuring you passed every table.” 15. “My dad was failing in his care home. We weren’t allowed to visit him until the doctor judged he was end-of-life care because of one positive case in the home. We had 24 hours with him before he passed.” 16. “People falling down the escalator on the Underground because they were frightened of touching the handrails – even though you couldn’t get Covid from surfaces.” 17. “Rule of Six. My wife and I have three children so we could meet either my wife’s mum or her dad, but not both at the same time.” 18. “Nobody solved an airborne virus transmission with a one-way system in Tesco.” 19. “How about not being allowed for several months – by law – to play tennis outdoors with my own wife? We’d have been further apart from each other on court than in our own home.” 20. “On two occasions, I was stopped and questioned while taking flowers to my mother’s grave. One time, a police officer even asked for my mum’s name. No idea what he would have done with that information.” 21. “Birmingham City Council cutting the grass in two-metre strips – so the weeds could social-distance?” 22. “Northampton police checking supermarket baskets for non-essential items.” 23. “All the children at school were asked to bring in a favourite book, but it had to be quarantined for two days before being ‘exposed’ to the rest of the class.” 24. “Dr Hilary on Good Morning Britain advising people to wear masks on the beach – and that it would be a good idea to swim in the sea with one on, too.” 25. “Gyms and exercise classes forced to close, but fast-food outlets remained open.” 26. “They taped off every other urinal in my workplace.” 27. “Sign on the inside of work bathroom door: close toilet lid before flushing to prevent plumes of Covid-19.” 28. “We held our carol service in a local park, but had to send out invitations by word of mouth, rather than email, so we’d have plausible deniability if stopped by police.” 29. “Having to wear a disposable apron and gloves while visiting my mother in a care home, while she was on the other side of a floor-to-ceiling Perspex wall.” 30. “Scotch eggs. You couldn’t drink in a pub unless you also had a ‘substantial’ meal.” 31. “Testing of totally healthy people and making them stop work based on a questionable positive test result, when they have no symptoms, creating NHS staff shortages, cancelled operations. Things that, you know, actually kill people…” 32. “My son works in the NHS on the Covid ward and could go to the local Sainsbury’s for his lunch. But when we were ill and isolating at home, he had to isolate as well – for 10 days.” 33. “My eight-year-old granddaughter telling me they weren’t allowed to sing Happy Birthday at school for her friend’s ninth birthday.” 34. “It was illegal to see your parents in their back garden, but legal to meet them in a pub garden with lots of other people.” 35.  “I had to abandon my weekly choir practice – but my husband was allowed to sing as a spectator at a football match.” 36. “They removed all the bins in Regent’s Park and Hampstead Heath.” 37. “Having a flask of tea or coffee on a walk meant it was classified as a picnic – and thus verboten.” 38. “Bring your own biro to a dental appointment to fill in a form declaring you do not have Covid.” 39. “My neighbour refused to hang the washing out to dry – they thought the sheets might catch Covid and infect them.” 40. “My 12-year-old had to sit alone at her grandfather’s funeral – her first experience of one – even though we drove there together and hugged outside. There were three officials watching us all to ensure we didn’t break the rules.” 41. “We could only go outdoors once a day for exercise.” 42. “In pubs, wearing a mask to get from the door to the table, and the table to the toilet – but not wearing a mask while sitting down.” 43. “People in a Tier 3 area walking two minutes down the road for a pint in Tier 2.” 44. “In Wales, supermarkets were allowed to stay open, but the aisles containing children’s clothing and books were taped off.Because buying a baby’s jumper is so much more perilous than picking up a pint of milk.” 45. “The pallbearers all but threw my mother’s coffin in the grave and ran away. They had her down as a Covid death, but she died of cancer.” 46. “The one-way systems around supermarkets that led to people being forced into parts they didn’t want to be in, making them spend more time in the shop – while Covid simply circulated over the top of the shelves.” 47. “Children abandoned by social services and left in the clutches of terrible parents.” 48. “Police breaking into our student house and pinning my girlfriend by the neck up against the wall. I said: ‘This is England – you’re not allowed to do that.’” 49. “Residents of care homes forgetting who they were during the long months when family were not allowed to visit them.” 50. “Dying alone. How many died alone? How many?” Tyler Durden Sat, 01/22/2022 - 23:00.....»»

Source:  nytCategory: personnel~Jan 23rd, 2022Related News

"Career Advancement Tied To Whether You Have Kids" As China"s Birth-Rate Hits Record Low

"Career Advancement Tied To Whether You Have Kids" As China's Birth-Rate Hits Record Low After China's once-in-a-decade census had already corrected the number of births in the country downwards considerably in 2020, Statista's Katharina Buchholz reports that the latest release from the National Statistics Bureau of China (NBS) shows that in 2021, even fewer babies were born in the country. The statistic only counted 10.62 million births in 2021, down from twelve million in 2020. Meanwhile, China's population stagnated at around 1.41 billion people. You will find more infographics at Statista The country's fertility rate stood at 1.3 children per woman in 2020. It has been below the 2.1 threshold necessary for a stable population since the 1990s. Despite the early warning signs, China only scrapped its long-standing one-child policy in 2016, as fear of overpopulation gave way to fear of aging societies. The 7.5 births per 1,000 people last year is the lowest birth rate since the founding of the People’s Republic of China in 1949. Ning Jizhe, head of the NBS, attributed the falling fertility rate to China's economic and social development. Countries tend to experience lower birth rates in line with economic development as increased education access and concentration on careers become new priorities for the population. That is certainly the case elsewhere in Asia, particularly in Japan and South Korea where birth rates have fallen to new lows. The situation is especially concerning in South Korea where there were more deaths than births last year. However, in the wake of the sinking birth rate and rapidly aging population, the Chinese government has been ramping up efforts to encourage people to have more children. As RT reports, in addition to allowing couples to have up to three children in 2021, officials have also adopted policies aimed at reducing financial pressure on families and creating more beneficial conditions for raising children. Huang Wenzheng, a demography expert for the Beijing-based Center for China and Globalization, said that birth numbers are likely to fluctuate in the 10 million range before declining further in the absence of more policy changes. “Career advancements could be tied to whether you have children or not; economic incentives; or even direct cash payouts by society to meet the cost of raising a family,” Huang suggested to Reuters. Tyler Durden Sat, 01/22/2022 - 23:30.....»»

Source:  nytCategory: personnel~Jan 23rd, 2022Related News

Non-Citizen Voting Push Is Part Of Agenda To Rid America Of Citizenship: Election Expert

Non-Citizen Voting Push Is Part Of Agenda To Rid America Of Citizenship: Election Expert Authored by Charlotte Cuthbertson via The Epoch Times (emphasis ours), The recent New York City law to allow at least 800,000 noncitizens to vote in municipal elections is unconstitutional and likely to be overturned in court, said Hans von Spakovsky, manager of the Heritage Foundation’s election law reform initiative and former member of the Federal Election Commission. “It’s actually pretty clear that it violates the New York State Constitution—it has a provision that specifically says that you have to be a citizen to vote in all elections in the state of New York, and that includes local elections,” Spakovsky told The Epoch Times on Jan. 19. “I also think it is bad from a policy point of view, because it basically cheapens and diminishes the concept of citizenship. “It ought to be something that makes American citizens mad, particularly because of the potential number of aliens that’s involved.” Hans von Spakovsky, manager of the Election Law Reform Initiative at the Heritage Foundation, at an immigration event in Washington in this file photo. (The Epoch Times) New York City Mayor Eric Adams allowed the measure to become law on Jan. 9, which includes the provision that voting noncitizens must be in the city for 30 days or more and have authorization to work. “I believe that New Yorkers should have a say in their government, which is why I have and will continue to support this important legislation,” Adams said in a statement. “I believe allowing the legislation to be enacted is by far the best choice, and look forward to bringing millions more into the democratic process.” The following day, the Republican National Committee filed a suit in the New York Supreme Court along with City Council Minority Leader Joseph Borrelli, Rep. Nicole Malliotakis (R-N.Y.), and other Republicans. Poll workers help voters inside a polling location in Austin, Texas, Oct. 13, 2020. (Sergio Flores/Getty Images) The law applies to legal aliens, but Spakovsky said New York City’s sanctuary policies that shield illegal aliens would open the floodgates. “Does anybody really believe that the election department is going to investigate the lawful status of any alien who registers to vote?” he said. “And so that means, of course, that lots and lots of illegal aliens will also get registered to vote.” Although he doesn’t think any states will try to change their election laws to include voting rights for noncitizens, Spakovsky said there’s a push from the progressive left to change the concept or definition of “citizen.” “The whole point of the open borders crowd is to do two things: one, extinguish the line between legal and illegal aliens in this country. And second, to frankly, get rid of the whole concept of citizenship,” he said. New York City Councilwoman Margaret Chin, a Democrat, told colleagues before the recent vote that many noncitizens struggle to become citizens but should still be able to vote in the meanwhile because they pay taxes and live and work in the city. “They want to be citizens, they want to be able to vote for the president, but at least we have the opportunity to allow them to vote for the elected officials that are representing them in the city,” said Chin. However, Spakovsky said paying tax doesn’t make someone a citizen. “My response to that is that first of all, the vast majority of illegal aliens do not pay taxes. In fact, they get free rides from many jurisdictions,” he said. “This is being pushed by the progressive left today because they believe that aliens will vote for them … and keep them in power.” A Border Patrol agent organizes illegal immigrants who have gathered by the border fence after crossing from Mexico into the United States in Yuma, Arizona, on Dec. 10 2021. (Charlotte Cuthbertson/The Epoch Times) Spakovsky said the inability for the Trump administration to get a question placed on the 2020 Census about citizenship status was a major win for the progressive left to blur the lines between citizen and noncitizen. “One of the main reasons they wanted that done is for apportionment purposes, they did not want congressional seats apportioned based on citizen population—if they did, places like California would lose congressional seats,” he said. “That’s why California probably has four or five more congressional seats than they should have, because of the huge population of illegal aliens in the state.” The Biden administration supports the creation of a citizenship pathway for millions of illegal immigrants in the United States. A decade-old estimate puts the number of illegal aliens at 11 million, and since then, millions more have crossed the southern border. Tyler Durden Sun, 01/23/2022 - 00:00.....»»

Source:  nytCategory: personnel~Jan 23rd, 2022Related News

Improve Your Business With Virtual Resources

Refining your skills while learning new ones is paramount to leading a long and successful career as a real estate agent. As the industry has embraced the virtual environment, the opportunities to tune into dozens of online training events monthly or weekly have grown dramatically in the past two years. You’ve likely seen predictions and […] The post Improve Your Business With Virtual Resources appeared first on RISMedia. Refining your skills while learning new ones is paramount to leading a long and successful career as a real estate agent. As the industry has embraced the virtual environment, the opportunities to tune into dozens of online training events monthly or weekly have grown dramatically in the past two years. You’ve likely seen predictions and forecasts for the 2022 housing market, and now is a great time to sign up and attend webinars to keep you on top of the latest trends and market shifts on the horizon. From optimizing your first 100 days in real estate to learning how to eliminate implicit bias, here are a few webinars and online training opportunities you can leverage to improve your business and brand. RISMedia’s Real Estate Rocking in the New Year As 2022 kicked into gear, RISMedia hosted its Rocking in the New Year virtual event on Jan. 6. The event brought an all-star line-up of power brokers, subject matter experts, top-producing agents and some of the industry’s best coaches and trainers to share critical advice and hands-on strategies to help agents and brokers succeed this year. Replays, including every panel and expert interview, are available here. 100 Days to Greatness The first few months can be intimidating for new agents or those looking to kickstart a real estate career. Real estate coach Brian Buffini of Buffini & Company put together 100 Days to Greatness to provide new agents with resources and strategies to set themselves up for success in the industry in the first 100 days of their careers. The step-by-step program delves into essential aspects of working in real estate, from gaining and converting referrals to building a vibrant database and establishing yourself as a “true real estate professional.” Learn more here. Fairhaven: Fair Housing Simulation Diversity, equity and inclusion (DEI) in real estate have become more than just a legal requirement under fair housing laws. They’ve been at the center of headlines, controversy and historical challenges facing aspiring homeowners among minority groups. The National Association of REALTORS® has continued to promote several DEI training programs designed to combat discrimination in the industry, including Fairhaven. The program uses the immersive power of storytelling to promote equity in the housing market. The innovative training provides customized feedback to help REALTORS® incorporate fair housing principles into their daily interactions. Learn more here Lessons in Leadership with Dermot Buffini The latest Lessons in Leadership virtual session will air on Feb. 2, marking the series’ first webinar of 2022. Buffini & Company CEO, Dermot Buffini, will host the event and provide brokers/owners with critical advice and strategies designed to take their businesses to the next level. The session will be moderated by RISMedia’s founder, president and CEO, John Featherston, and a guest speaker to be announced soon. Stay tuned for more information here. Jordan Grice is an associate online editor at RISMedia. Email him your real estate news ideas to jgrice@rismedia.com. The post Improve Your Business With Virtual Resources appeared first on RISMedia......»»

Source:  rismediaCategory: realestate~Jan 23rd, 2022Related News

Waffle House has "secret" plate-marking system for tracking orders: report

You've probably heard that some restaurant chains have secret menus or diner lingo when ordering, but have you heard of ‘plate marking’?.....»»

Source:  foxnewsCategory: top~Jan 23rd, 2022Related News

Britain accuses Kremlin of plotting to install pro-Russian leadership in Ukraine

The statement, from Britain's Foreign Secretary, said Russia intends to make the move while it considers "whether to invade and occupy Ukraine." A convoy of Russian armored vehicles moves along a highway in Crimea, Tuesday, Jan. 18, 2022.Associated Press Britain's Foreign Office accused Russia on Saturday of plotting to install pro-Kremlin leadership in Ukraine. The news comes amid growing concerns throughout western nations that Russia may imminently invade Ukraine. Russia's Ministry of Foreign Affairs denied the allegations and accused Britain of spreading "disinformation." The Foreign Secretary of the United Kingdom issued an unusual statement on Saturday claiming to have exposed a Kremlin plot to install a pro-Russian leader in Ukraine.The statement said Russia intends to make the move while it considers "whether to invade and occupy Ukraine." The statement also identified former Ukrainian MP Yevhen Murayev as the potential candidate to be installed in Kyiv."The information being released today shines a light on the extent of Russian activity designed to subvert Ukraine, and is an insight into Kremlin thinking," Foreign Secretary Liz Truss said in the statement. Truss continued: "Russia must de-escalate, end its campaigns of aggression and disinformation, and pursue a path of diplomacy. As the UK and our partners have said repeatedly, any Russian military incursion into Ukraine would be a massive strategic mistake with severe costs."Russia's Ministry of Foreign Affairs denied the allegations in a tweet on Saturday, calling Truss' statement "disinformation" and "yet another indication that it is the @NATO members led by the Anglo-Saxon nations who are escalating tensions around #Ukraine."The account urged the British government to "stop spreading nonsense."  The British government's revelations came amid growing concerns throughout western nations that Russia may imminently invade Ukraine.Ukraine's military intelligence service accused Russia on Friday of smuggling weapons into eastern Ukraine and of continuing to "increase the combat capabilities" of pro-Russia separatist factions. As Insider's Ryan Pickrell reported, satellite images in recent days have shown Russia amassing tens of thousands of troops near the Ukrainian border.Truss' statement on Saturday also said the British government has received information suggesting that the Russian intelligence services have been maintaining contact with "numerous" former Ukrainian leaders — including a former prime minister."Some of these have contact with Russian intelligence officers currently involved in the planning for an attack on Ukraine," the statement said.The statement did not detail any evidence behind its claims, nor did it provide further details on how Russia would enact the alleged plot.The New York Times, citing unnamed British officials familiar with the situation, reported that Truss' statement was meant in part to show Russian President Vladimir Putin that his plans have been revealed. The newspaper cited two unnamed US officials who said they believe Britain's intelligence is correct.Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 22nd, 2022Related News

Texas AG Ken Paxton could face a lawsuit after missing a prosecutor"s deadline to hand over documents tied to his appearance at Trump"s rally before the Capitol riot

Last week, the Travis County District Attorney's Office gave Paxton four days to hand over records tied to his January 6 rally appearance. Texas Attorney General Ken Paxton, left, next to his wife and Texas State Sen. Angela Paxton, speaks to anti-abortion activists at a rally outside the Supreme Court, Monday, Nov. 1, 2021.AP Photo/Jacquelyn Martin A Texas prosecutor gave AG Ken Paxton four days to turn over records tied to his January 6 appearance.  Paxton refused the request and called it "meritless," the Texas Tribune reported.  The Travis County DA's office said Paxton broke the law by not disclosing his travel to the Capitol. Texas Attorney General Ken Paxton has refused a prosecutor's demand for information regarding his appearance at Donald Trump's rally before the January 6 Capitol riot, the Texas Tribune reported. In a letter to Paxton sent on January 13, Jackie Wood, director of public integrity and complex crimes at the Travis County District Attorney's Office said the attorney general had broken the law by not sharing records about his rally attendance or by not keeping records of it. The letter informed Paxton he would face a lawsuit if he didn't turn over the records of his communications within four days of receipt.The request came after five of Texas' biggest newspapers — the Austin American-Statesman, The Dallas Morning News, the Fort Worth Star-Telegram, the Houston Chronicle, and the San Antonio Express-News – filed a complaint that Paxton was refusing to share records that should be public. Paxton said the Travis County district attorney's request was "meritless." In a letter sent on Friday, a lawyer for Paxton's office, Austin Kinghorn, said they had not violated any provision under the state's open records law. "Frustrated that they have failed to uncover anything worth reporting following 'numerous open records requests to AG Paxton office for various documents,' complainant newspaper editors have sought to leverage your office's authority to further their fishing expedition, or worse, manufacture a conflict between our respective offices that will give rise to publishable content for the complainants' media outlets," Kinghorn wrote about the five newspapers. Paxton's refusal to release records tied to his January 6 appearance comes after attorneys general are considering charges for illegitimate electors who falsified documents saying Trump won the majority of voters in states where he lost. Documents obtained by the watchdog group American Oversight in March 2021 showed Trump supporters in Arizona, Georgia, Michigan, Nevada, New Mexico, Pennsylvania, and Wisconsin submitted documents to Congress falsely claiming Trump won the states after the majority of votes actually went to Joe Biden. The January 6 House select committee is looking deeper into the illegitimate elector scheme and the role Trump and his associates played in it after it was revealed that Rudy Giuliani was tied to the effort. Both the Texas DA and AG offices did not respond to Insider's request for comment at the time of publication. Read the original article on Business Insider.....»»

Source:  businessinsiderCategory: top~Jan 22nd, 2022Related News

Charlotte university to sell student housing building near uptown campus

Johnson & Wales University plans to sell its City View Towers student housing building uptown, the school confirmed to CBJ this week. The eight-story, 239,000-square-foot building at Pine and Fifth streets can accommodate 554 residents. Amenities include a fitness center and game room. JWU and Spectrum Properties were partners on the apartment-style project, which opened in 2005. It’s located a half-mile from JWU’s campus in uptown. “The current state of the real estate market will allow….....»»

Source:  bizjournalsCategory: top~Jan 22nd, 2022Related News

SEC climate rule is coming for companies – the impacts will be widespread

Publicly-traded companies will soon be required to provide investors with detailed disclosures on their contributions to climate change. That has some worried about potential legal liabilities......»»

Source:  bizjournalsCategory: top~Jan 22nd, 2022Related News

NC biopharmaceutical firm appoints new CEO at pivotal juncture

The new CEO previously led United Therapeutics, which is currently in the midst of a legal battle with Liquidia......»»

Source:  bizjournalsCategory: top~Jan 22nd, 2022Related News