William H. Donaldson, the Lion of Wall Street who led the SEC, dies at 93
Economy

William H. Donaldson, the Lion of Wall Street who led the SEC, dies at 93

More news - Breaking news William H. Donaldson, who made an early fortune as co-founder of the innovative securities firm Donaldson, Lufkin & Jenrette and later pushed for tougher financial regulation as chairman of the Securities and Exchange Commission in the wake of the Enron and WorldCom accounting scandals , died Wednesday at his home in Westchester County, New York, at the age of 93. The cause was leukemia, his son Adam said. Mr. Donaldson also briefly served as undersecretary of state under Henry A. Kissinger, ran the New York Stock Exchange and was chief executive of the insurance company Aetna Inc. In 1975, he was named the founding dean of Yale University's School of Organization and Management, now known as the School of Management, whose mission to train leaders for both...
Middle East crisis: Blinken arrives in Middle East as US pushes for ceasefire vote at UN
Recent news

Middle East crisis: Blinken arrives in Middle East as US pushes for ceasefire vote at UN

More news - Recent news Still battling Israel's external enemies on multiple fronts, Prime Minister Benjamin Netanyahu awoke Monday to a new political battlefield at home.The departure this weekend of Benny Gantz and his centrist National Unity party from Israel's wartime emergency government is unlikely to immediately break Netanyahu's power. The prime minister's ruling coalition still holds a narrow majority of 64 seats in the 120-seat parliament. But Gantz's move means Netanyahu is now totally dependent on his far-right and ultra-Orthodox coalition partners as he pursues the war in Gaza despite growing international disapproval, leaving him increasingly isolated and exposed at home and abroad. . Gantz and Gadi Eisenkot, another powerful National Unity member, also left Netanyahu'...
California proposes 30 AI regulatory laws amid federal gridlock
Technology

California proposes 30 AI regulatory laws amid federal gridlock

Related media - Breaking news California lawmakers last month advanced about 30 new AI measures aimed at protecting consumers and jobs, one of the largest efforts yet to regulate the new technology. The bills aim to impose the toughest nationwide restrictions on artificial intelligence, which some technologists warn could kill entire categories of jobs, throw elections into chaos with misinformation and pose national security risks. California's proposals, many of which have won broad support, include rules to prevent AI tools from discriminating in housing and health services. They also aim to protect intellectual property and jobs. The California Legislature, which is expected to vote on the proposed laws by Aug. 31, has already helped shape U.S. tech consumer protections. In 20...
Sony Pictures Acquires Alamo Drafthouse in Lifeline to Cinema Chain
Economy

Sony Pictures Acquires Alamo Drafthouse in Lifeline to Cinema Chain

More news - News 24 hours Terms of the deal were not disclosed. Sony bought Alamo from Altamont Capital Partners and Fortress Investment Group, as well as the chain's founder, Tim League. Mr League said the cinema chain was “more than thrilled” with the deal. This comes at a time of financial difficulty for the Alamo and the film industry as a whole. Many of Alamo's franchised locations filed for bankruptcy and closed this month, making Sony's move a potential lifeline for the struggling chain. Alamo filed for Chapter 11 bankruptcy in 2021 before a private equity firm intervened. The theaters will continue to operate under the Alamo Drafthouse brand, Sony said, although they will be operated by a newly formed division at Sony led by Michael Kustermann, Alamo's chief executive. “A...
Personal conflicts, even violence, are not uncommon in long-term care
Health

Personal conflicts, even violence, are not uncommon in long-term care

Related media - Recent news Those most likely to be involved are younger and able to walk, "able to move and put themselves in harm's way," Dr. Pillemer said. Most had at least moderate cognitive impairment. The studies also found that incidents occurred more often in specialized dementia units. “Memory care has positive elements, but it also puts residents at greater risk of assault,” Dr. Pillemer said. “More people with brain disease, uninhibited people, gather in a smaller space.” Because so many, both perpetrators and victims, suffer from dementia, "sometimes we can't say what started it all," said Leanne Rorick, director of a program that trains staff on dementia intervention and reduction. voltage. “An initiator is not necessarily someone with malicious intent.” A resident...
Crisis in the Middle East: Blinken defines some Hamas changes to the ceasefire proposal as “unacceptable”.
Recent news

Crisis in the Middle East: Blinken defines some Hamas changes to the ceasefire proposal as “unacceptable”.

Related media - Breaking news A United Nations commission investigating the October 7 attacks on Israel and the resulting conflict in Gaza accused both Palestinian armed groups and Israel of committing war crimes, and the commission said Israel's conduct of the war included crimes against humanity.In a report released on Wednesday, the three-person commission – led by Navi Pillay, a former UN human rights chief – provided the UN's most detailed examination yet of the events since 7 October. The report itself does not entail any sanctions. , but presents a legal analysis of actions in the Gaza conflict that is likely to be evaluated by the International Court of Justice and other international criminal proceedings. Israel did not cooperate with the investigation and protested the co...
The miniature secrets of championship rings
Recent news

The miniature secrets of championship rings

More news - Breaking news While sports fans enjoy the defining moments of this month's NBA Finals and Stanley Cup, Jason Arasheben studies like a college student before exams. Arasheben, a famous jeweler whose clients include rappers Drake and ASAP Rocky, is investigating the contending teams' history, connections to their hometowns and any other interesting facts that might go into an extravagantly bejeweled ring. He is also examining his personal contacts to find someone who can facilitate a meeting with the wealthy owners of the winning franchises. “You just have to start connecting the dots,” said Arasheben, CEO of the Jason jewelry house in Beverly Hills, near Los Angeles. “Billionaires talk to other billionaires.” In recent years, Arasheben has established itself as the go-to...
In Race to Build A.I., Tech Plans a Big Plumbing Upgrade
Technology

In Race to Build A.I., Tech Plans a Big Plumbing Upgrade

Connected media - Linked media If 2023 was the tech industry’s year of the A.I. chatbot, 2024 is turning out to be the year of A.I. plumbing. It may not sound as exciting, but tens of billions of dollars are quickly being spent on behind-the-scenes technology for the industry’s A.I. boom. Companies from Amazon to Meta are revamping their data centers to support artificial intelligence. They are investing in huge new facilities, while even places like Saudi Arabia are racing to build supercomputers to handle A.I. Nearly everyone with a foot in tech or giant piles of money, it seems, is jumping into a spending frenzy that some believe could last for years. Microsoft, Meta, and Google’s parent company, Alphabet, disclosed this week that they had spent more than $32 billion combined on ...
Monday Briefing – The New York Times
Recent news

Monday Briefing – The New York Times

Related media - Related media Cease-fire talks in Cairo faltered Negotiations between Israel and Hamas stalled again, meaning more uncertainty for the families of Israeli hostages and no quick reprieve for Palestinians in Gaza. Mediators struggled to bridge the remaining gaps, and a Hamas delegation left the talks, officials said. The main dispute was over the duration of a cease-fire, with Hamas demanding a permanent one and Israel’s prime minister, Benjamin Netanyahu, expressing openness to only a temporary halt in fighting. Hamas blamed the lack of progress on Netanyahu, who has vowed to stage a ground offensive in Rafah, where about a million Palestinians have been sheltering, with or without an agreement. Israel and the U.S. contend that Hamas has been holding up a deal. Netany...
Ken Holtzman, Who Pitched Two No-Hitters for the Cubs, Is Dead at 78
Sports

Ken Holtzman, Who Pitched Two No-Hitters for the Cubs, Is Dead at 78

Linked media - Linked media Ken Holtzman, a left-hander who pitched two no-hitters for the Chicago Cubs and won three World Series with the Oakland A’s in a 15-season career, died on Monday in St. Louis. He was 78. He had been hospitalized for the last three weeks with heart and respiratory illnesses, his brother, Bob, said in confirming the death. Holtzman won 174 games, the most for a Jewish pitcher in Major League Baseball — nine more than the Hall of Famer Sandy Koufax, who is considered one of the best pitchers ever and who had a shorter career. In addition to his win total, Holtzman, who at 6 feet 2 inches and 175 pounds cut a lanky figure, had a career earned run average of 3.49 and was chosen for the 1972 and 1973 All-Star teams. Holtzman, at 23, threw his first no-hitt...