格隆汇4月27日｜上周六晚，白宫记者协会晚宴枪声骤响后，嫌疑人Cole Tomas Allen(科尔·托马斯·艾伦)已被当场逮捕。这名31岁的黑白混血年轻人，是加州理工学院(Caltech)的毕业生，拥有相当出色的教育背景。据悉，他在行动前一天就提前入住华盛顿希尔顿酒店，并在袭击前将一份自称“宣言”(manifesto)的文件发给了家人。这份宣言如今已被媒体曝光。以下为科尔·艾伦的宣言(精编版)：...
Fanliso/iStock Editorial via Getty Images China has introduced new guidelines to protect the rights and interests of "new employment groups," referring to gig workers on online platforms, including food delivery staff, ride-hailing drivers and livestreamers. Online platforms are directed to set reasonable wages for gig workers based on labor intensity and to pay in full and on time, according to t...
Fanliso/iStock Editorial via Getty Images China has introduced new guidelines to protect the rights and interests of "new employment groups," referring to gig workers on online platforms, including food delivery staff, ride-hailing drivers and livestreamers. Online platforms are directed to set reasonable wages for gig workers based on labor intensity and to pay in full and on time, according to the guidelines issued by the CPC Central Committee General Office and the State Council. The guidance calls for improved transparency, standardized algorithms, occupational safety, better working conditions, and improved dispute resolution mechanisms. It also encourages applying artificial intelligence and the Internet of Things to optimize algorithms. Authorities are directed to crack down on unreasonable charges and commissions, unfair allocation of traffic, and abuse of market dominance by these platforms. The goal is to gradually standardize labor practices and significantly improve the working environment for gig workers by 2027. China currently has 84M gig workers, which the guidelines call "an indispensable force for economic and social development." Relevant tickers: Alibaba ( BABA ), Meituan ( MPNGF ), JD.com ( JD ), PDD ( PDD ), Bytedance ( BDNCE ), DiDi ( DIDIY ), Tencent ( TCEHY ). More on Chinese companies Alibaba's AI Engine Is Powering A Still Undervalued Comeback JD.com: European Expansion Strengthens This Undervalued Chinese Giant DiDi Global: Short-Term Noise, Long-Term Upside Intact Meituan: A Messy Quarter, But Underlying Trends Are Positive PDD Holdings: Strong Growth, Cheap, 14% Earnings Yield
The S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) aren't the only things making history on Wall Street. Shortly, we'll be witnessing the largest-ever initial public offering (IPO) , courtesy of Elon Musk's SpaceX. While several prominent private artificial intelligence superstars are expected to go public toward the end of this year, including OpenAI and Anthropic, SpaceX is ...
The S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) aren't the only things making history on Wall Street. Shortly, we'll be witnessing the largest-ever initial public offering (IPO) , courtesy of Elon Musk's SpaceX. While several prominent private artificial intelligence superstars are expected to go public toward the end of this year, including OpenAI and Anthropic, SpaceX is poised to steal the show. Musk's company, which includes space infrastructure, satellite-based broadband services (Starlink), start-up AI company xAI, and social media platform X, aims to raise $75 billion and command a $1.75 trillion to $2 trillion valuation . Although we're still very early in the process, there are several important dates and time frames we do know about the SpaceX IPO timeline. Continue reading
(RTTNews) - Harworth Group plc (HWG.L), a regeneration, strategic land and development business, announced Monday that Microsoft Corp.'s (MSFT) MSFT MCIO Limited secured a resolution to grant planning consent from Leeds local planning committee for a hyperscale data centre and in
(RTTNews) - Harworth Group plc (HWG.L), a regeneration, strategic land and development business, announced Monday that Microsoft Corp.'s (MSFT) MSFT MCIO Limited secured a resolution to grant planning consent from Leeds local planning committee for a hyperscale data centre and in
Romania’s former top ruling Social Democratic party will join forces with the far-right opposition in a attempt to bring down the minority government of Prime Minister Ilie Bolojan , its deputy leader said. Lawmakers from the two largest parties in the assembly have started drafting a non-confidence motion against the premier and could file it as early as next week, Marian Neacsu said at a joint n...
Romania’s former top ruling Social Democratic party will join forces with the far-right opposition in a attempt to bring down the minority government of Prime Minister Ilie Bolojan , its deputy leader said. Lawmakers from the two largest parties in the assembly have started drafting a non-confidence motion against the premier and could file it as early as next week, Marian Neacsu said at a joint news conference with AUR Party deputy leader, Petrisor Peiu, in Bucharest on Monday. The move marks a dramatic escalation of tensions between the two former allies in the wake of the collapse of their 10-month-old coalition. The Social Democrats have criticized Bolojan over his austerity drive and last week pulled ministers from the government after the prime minister declined to step down. Read More: Top Party Withdrawal Leaves Romania With Minority Government Once filed, the motion has large chance of success if put to a vote. AUR and the Social Democrats jointly control the most seats in parliament. Their leaders are expected to speak about the plan later on Monday.
The Nasdaq had a particularly difficult time in recent months -- some of the world's biggest artificial intelligence (AI) stocks weigh heavily in the index, and investors were rotating out of those players. The war in Iran created a general environment of uncertainty, and uncertainty often prompts investors to favor stocks seen as safe havens, from dividend players to pharmaceutical giants. And in...
The Nasdaq had a particularly difficult time in recent months -- some of the world's biggest artificial intelligence (AI) stocks weigh heavily in the index, and investors were rotating out of those players. The war in Iran created a general environment of uncertainty, and uncertainty often prompts investors to favor stocks seen as safe havens, from dividend players to pharmaceutical giants. And investors also worried that some tech companies were overspending on AI and that rewards would fall short of expectations. All of this dragged down the Nasdaq. But, in recent days, sentiment improved. An extended ceasefire in Iran spurred hopes that peace may be around the corner, and ongoing evidence of high demand for AI buoyed investor confidence about the technology's long-term revenue potential. As a result, the Nasdaq surged back to all-time highs. Is now the best time to buy AI growth stocks? Let's find out. Image source: Getty Images. Continue reading
Income investors have several go-to sectors. Utilities are perennially popular. REITs are attractive to investors looking for especially juicy yields. But the energy sector is another source of dependable, inflation-resistant income. Energy demand holds up well through most market cycles, even recessions. Midstream energy companies and integrated oil and gas companies, in particular, stand out for...
Income investors have several go-to sectors. Utilities are perennially popular. REITs are attractive to investors looking for especially juicy yields. But the energy sector is another source of dependable, inflation-resistant income. Energy demand holds up well through most market cycles, even recessions. Midstream energy companies and integrated oil and gas companies, in particular, stand out for their ability to generate stable cash flow. Do you want decades of passive income? Here are three energy stocks to buy right now. Continue reading
Musk’s lawsuit accuses Altman of fraud, while OpenAI says that Musk is ‘motivated by jealousy’ A lawsuit between two of Silicon Valley’s biggest tycoons goes to trial Monday in California, the culmination of a years-long bitter feud. Elon Musk has accused Sam Altman of betraying the founding agreement of the non-profit they started together, OpenAI, by changing it to a for-profit enterprise. Musk ...
Musk’s lawsuit accuses Altman of fraud, while OpenAI says that Musk is ‘motivated by jealousy’ A lawsuit between two of Silicon Valley’s biggest tycoons goes to trial Monday in California, the culmination of a years-long bitter feud. Elon Musk has accused Sam Altman of betraying the founding agreement of the non-profit they started together, OpenAI, by changing it to a for-profit enterprise. Musk accuses Altman, OpenAI , its president Greg Brockman, and its major partner Microsoft of breach of contract and unjust enrichment in the lawsuit. Jury selection is scheduled to begin Monday morning at a federal courthouse in Oakland, with opening arguments from both sides expected later this week. The trial is slated to last two to three weeks. Along with internal communications from Musk and key executives at OpenAI, the trial promises a who’s who of Silicon Valley on the witness stand, including Musk, Altman and Microsoft CEO Satya Nadella. Continue reading...
The Girls creator has endured brickbats and breakdowns – but she doesn’t always make it easy to feel sorry for her At the end of last year, Netflix released Too Much – a sickly, indie-sleaze romcom about an American transplant who falls for a troubled British muso. It was created by Lena Dunham and her musician husband Luis Felber, and apparently loosely based on the couple’s backstory. It felt, t...
The Girls creator has endured brickbats and breakdowns – but she doesn’t always make it easy to feel sorry for her At the end of last year, Netflix released Too Much – a sickly, indie-sleaze romcom about an American transplant who falls for a troubled British muso. It was created by Lena Dunham and her musician husband Luis Felber, and apparently loosely based on the couple’s backstory. It felt, to many critics, like second-screen fare, decidedly Lena Dunham-lite. Was this really the same person who had given us the spiky, self-absorbed world of Girls, the millennial Sex and the City complete with brutal situationships, toxic besties and, er, one of the main characters accidentally smoking crack? Famesick sheds almost all the Richard Curtis-isms to find that old, controversy-courting Dunham alive and – if not exactly well – then learning to cope with it. Her second memoir (Not That Kind of Girl was published in 2014) charts the chronic illness and seemingly unending stress that came to define her 20s and 30s after she had snagged her own HBO series aged just 24. The afflictions described across its 400 pages include – though are not limited to – OCD, colitis, the connective tissue disorder Ehlers-Danlos syndrome, endometriosis, early menopause, PTSD and addiction to both opioids and benzodiazepines. At one point, Dunham accidentally sets herself on fire; at another, she panics about how Vogue will cover up the impetigo on her face, “a waterfall of golden blisters, turning a sickly green as they dried”. The book is scattergun and sometimes lacking in self awareness (who cares that Dunham had to give her designer booties up, like contraband, when she entered rehab?). It’s also undeniably frank and exhaustive: a lifetime of therapy condensed into something you could conceivably rip through in a weekend. Continue reading...
Inadelso Cossa’s documentary grapples with the trauma left by the conflict through witness that wavers between real and imagined truths Lasting from 1977 to 1992, the Mozambique civil war left deep scars on the psyche of the whole nation. In his second feature, Inadelso Cossa attempts to grapple with the psychological wreckage of this harrowing period by combing through his own family history; ret...
Inadelso Cossa’s documentary grapples with the trauma left by the conflict through witness that wavers between real and imagined truths Lasting from 1977 to 1992, the Mozambique civil war left deep scars on the psyche of the whole nation. In his second feature, Inadelso Cossa attempts to grapple with the psychological wreckage of this harrowing period by combing through his own family history; returning to the village where he grew up, the film-maker conducts a series of interviews with his grandmother, whose testimony is rendered unreliable by her worsening dementia. The film wavers between real and imagined truths, a liminal state echoed by the evocative cinematography. Nocturnal sequences, in which wooden sheds, grassy fields, and even Cossa’s grandmother, are wrapped in a cloak of darkness inspire a deceptive sense of calm. In the dead of night, though, the spectres of the past linger. Cossa also speaks to other historical witnesses: Macuacua and Zalina, an older couple, spend much of their screen time bickering but these domestic moments are underlined with unease. A former soldier, Macuacua was once a participant in the violence against civilians but his life now, however, is marred by poverty. In a striking scene, Macuacua holds up a tree branch shaped like a rifle and reenacts a patrol route from his youth with astonishing matter-of-factness. As his muscle memory kicks in, the past and the present collapse together to startling effect. For Cossa, history is distilled in these kinds of gestures, moving beyond linear time. Although the film is bookended by archival footage, the director prioritises non-traditional forms of documentation, such as monologues, songs, and reenactments. While this approach embodies the slipperiness of memory, it also renders the film difficult to follow on occasion. But across these streams of oral history, what we find are not merely facts and figures, but feelings, in which pain and healing entwine. Continue reading...
Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Watch Odd Lots on YouTube Subscribe to the newsletter The private credit market has grown enormously fast in recent years — so much so that by some estimates it's now bigger than the market for junk-rated corporate bonds. So what's driven all that growth? What impact has private credit had on other types of corporate debt? And why ...
Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Watch Odd Lots on YouTube Subscribe to the newsletter The private credit market has grown enormously fast in recent years — so much so that by some estimates it's now bigger than the market for junk-rated corporate bonds. So what's driven all that growth? What impact has private credit had on other types of corporate debt? And why are there so many concerns around the space right now? In this episode, we speak with John Sheehan and Craig Manchuck, two veteran portfolio managers for the strategic income fund at Osterweis Capital Management. We talk about the history of private credit before and after 2008, private credit's links with private equity and insurance, the prospect of higher defaults, and what to watch for right now.