I don't know what I was expecting from Barbara Lee when an assistant handed her the phone, but the laughter I heard certainly wasn't that. It's been just a few hours since the longtime Oakland congresswoman issued a statement conceding her U.S. Senate primary and congratulating her fellow Democrat, Rep. Adam P. Chef from Burbank. Lee came in fourth place, more than a million votes behind Schiff and Republican Steve Garvey, and hundreds of thousands of votes behind Democratic Rep. Katie Porter of Irvine, who came in third. Votes are still being counted, but the Senate race was announced minutes…
Author: ricardofrancois
Every now and then, Shardriata More gets a Subway coupon in the mail, knowing she won't have to worry about her next three meals. “I get a $7.99 foot-long and have them cut it into three pieces,” the retiree told me.Moore, who was eating lunch at Sherman Oaks East Valley Senior Center, said she went to Subway to order a chicken sandwich on a whole-grain bun, with spinach, cucumber and tomato. That way, you get some protein and at least a few fresh vegetables without a trip to the grocery store, where inflation can be a killer.On a limited budget,…
Now we shouldn't say: When Americans vote for president, the federal courts are on the ballot, too. Yet very few voters, especially among those in the decisive middle, make up their minds with this in mind.Think about it: The issues voters care about most this election year — immigration, reproductive rights, the economy and government regulation, gun control — are increasingly being decided in federal courts that Donald Trump has reshaped, including the Supreme Court, Due to dysfunction in Congress. Opinion columnist Jackie Calmes Jackie Calmes takes a critical look at the national political landscape. She has decades of experience…
To give focus on artificial intelligence From academic women and others who have a well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on the remarkable women who have contributed to the AI revolution. We will publish many articles throughout the year as AI continues to flourish, highlighting key works that often go unrecognized. Read more profiles here. As a reader, if you see a name we've missed that you feel should be on the list, please email us and we will endeavor to add it. Here are some key people you…
The logo of Aramco, officially Saudi Arabian Oil Group, Saudi Petroleum and Natural Gas Company, is seen on day two of the 24th World Petroleum Congress at the Big 4 Building in Stampede Park, on September 18, 2023, in Calgary, Canada. Artur Vidak | norphoto | Getty ImagesNational oil giant Saudi Aramco announced a 25% drop in profits to $121.3 billion in 2023, down from $161.1 billion in 2022.“The year-on-year decline can be attributed to lower crude oil prices and volumes sold, as well as lower refining and chemicals margins, which is partially offset by a decrease in production duties…
A man who was shot by police after he allegedly pointed a gun at officers in South Los Angeles was taken to the hospital in critical condition, the Los Angeles Police Department announced Saturday night. Just before 1 p.m. Thursday, police received a radio call of a possible assault with a deadly weapon near 54th Street and Manhattan Place after a man reportedly pointed a gun at an unknown person. Officers from the LAPD's 77th Street Community Police Station were responding to an unrelated radio call three blocks west, near 54th Street and Gramercy Place, when they saw a man…
Stephen Baird was full of ideas when he became Aberdeen's chief executive in September 2020.The Scot quickly told staff about his ambitions for the asset manager position, according to two people in a phone call with staff in late 2020, and referred to himself as a “futurist”: someone whose knowledge and research helps them see the future. Three-and-a-half years later, Baird faces tough questions about its future, as one of the UK's largest remaining pure-play asset managers rushes to cut costs and develop new revenue streams in order to stem the flow of assets to competitors and low-cost passive managers.Baird's…
Stephen Baird was full of ideas when he became Aberdeen's chief executive in September 2020.The Scot quickly told staff about his ambitions for the asset manager position, according to two people in a phone call with staff in late 2020, and referred to himself as a “futurist”: someone whose knowledge and research helps them see the future. Three-and-a-half years on, Baird faces tough questions about its future, as one of the UK's largest remaining pure-play asset managers rushes to cut costs and develop new revenue streams in order to stem the flow of assets to competitors and low-cost passive managers.Baird's…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.The other day, I had a conversation with a woman who said she had quit an evening class she enjoyed for one frustrating reason. Another woman joined in and did not remain silent. She spoke over and over again, usually about herself, regardless of the subject or time or the occasional polite effort to stop her cruel chatter. It made the entire class an exhausting mess.”Why doesn't the coach tell her to shut up?” I asked.The answer was, “He can't.” “He seems…
WILMINGTON, DELAWARE – President Biden said Saturday that he believes Israeli Prime Minister Benjamin Netanyahu is “hurting Israel more than helping it” in how he has handled its war against Hamas in Gaza. The US President expressed his support for Israel's right to go after Hamas after the October 7 attack, but said of Netanyahu that he “must pay more attention to the innocent lives that are lost as a result of the actions taken.” Biden has warned for months that Israel risks losing international support due to mounting civilian casualties in the Gaza Strip, and recent comments in an…