sábado, abril 13
Audemars Piguet’s New C.E.O. Wasn’t an Obvious Choice
Economy

Audemars Piguet’s New C.E.O. Wasn’t an Obvious Choice

Associated media - Related media Innovation — especially in the form of ambitious building projects — has been a running theme at the brand for the past few years. In 2020 in Le Brassus, it opened a museum, the Musée Atelier Audemars Piguet, designed by the Danish architect Bjarke Ingels. A year later, it completed a manufacturing site in Le Locle, another village about a 90-minute drive northeast of Le Brassus. A former Renaud & Papi workshop, the Manufacture des Saignoles now specializes in the brand’s most complicated timepieces. In 2022, the brand opened a luxury hotel, Hôtel des Horlogers, also designed by Mr. Ingels, in a space adjacent to the museum and factory in Le Brassus. And in late 2023, it began construction of a new industrial building in Meyrin, on the outskirts o...
Pat Zachry, Pitcher Known for a Lopsided Trade, Dies at 71
Sports

Pat Zachry, Pitcher Known for a Lopsided Trade, Dies at 71

Associated media - Associated media Pat Zachry, who was a co-winner of the National League Rookie of the Year award in 1976, but who is probably best known for being one of the players traded to the New York Mets a year later for Tom Seaver, died on Thursday at the home of his son, Josh, in Austin, Texas. He was 71. Jay Horwitz, a spokesman for the Mets, announced the death. He did not specify the cause, saying only that Zachry died after a long illness. Zachry, a 6-foot-5 right-hander, began his career with the Reds in 1976 and got off to a promising start. He went 14-7 with a 2.74 earned run average in his first season and tied the San Diego Padres pitcher Butch Metzger for Rookie of the Year. He beat the Philadelphia Phillies in Game 2 of the National League Championship Series a...
Center for Public Integrity Weighs Merger or Shutdown Amid Dire Financial Straits
Economy

Center for Public Integrity Weighs Merger or Shutdown Amid Dire Financial Straits

Connected media - Connected media “The board remains committed to C.P.I. and its essential mission, and is working hard to determine the best way forward for our journalism,” the nonprofit said in a statement. The financial peril facing the Center for Public Integrity threatens to extinguish a newsroom of about 30 journalists that has watchdogged powerful institutions for decades. Much of its funding has come from foundations interested in supporting investigative journalism, including the Knight Foundation and the Robert R. McCormick Foundation. As its reserves dwindle, its board of directors is contemplating drastic action to address the situation. The Center for Public Integrity explored a potential combination this year with The Markup, a nonprofit newsroom that publishes investi...
Auto Insurance Spike Hampers the Inflation Fight
Economy

Auto Insurance Spike Hampers the Inflation Fight

Connected media - Connected media Job growth, wage growth and business growth are all lively, and inflation has steeply fallen from its 2022 highs. But consumer sentiment, while improving, is still sour. One reason may be sticker shock from some highly visible prices — even as overall inflation has calmed. The cost of car insurance is a key example. Motor vehicle insurance rose 1.4 percent on a monthly basis in January alone and has risen 20.6 percent over the past year, the largest jump since 1976. It has been a huge hit for those driving the roughly 272 million private and commercial vehicles registered in the country. And it has played a part in dampening the “mission accomplished” mood on inflation that was bubbling up in markets at the beginning of the year. According to a rece...
China Has Thousands of Navalnys, Hidden From the Public
Economy

China Has Thousands of Navalnys, Hidden From the Public

Linked media - Connected media After watching “Navalny,” the documentary about the Russian opposition leader Aleksei A. Navalny, a Chinese businesswoman messaged me, “Ren Zhiqiang is China’s Navalny.” She was talking about the retired real estate tycoon who was sentenced to 18 years in prison for criticizing China’s leader, Xi Jinping. After Mr. Navalny’s tragic death this month, a young dissident living in Berlin posted on X, “Teacher Li is closest to the Chinese version of Navalny.” He was referring to the rebel influencer known as Teacher Li, who used social media to share information about protests in China and who now fears for his life. There are others: Liu Xiaobo, a Nobel Peace Prize laureate who died in government custody in 2017, and Xu Zhiyong, the legal scholar who is ser...
Boeing Faces Justice Dept. Review Over Max 9 Incident
Economy

Boeing Faces Justice Dept. Review Over Max 9 Incident

Associated media - Related media The Justice Department review was reported earlier by Bloomberg. The episode in January reignited the intense scrutiny and criticism that Boeing faced after crashes in Indonesia in late 2018 and Ethiopia in early 2019 killed a combined 346 people. The Max 8 and Max 9 were banned from flying globally days after the second crash. Since the jetliners started flying again in late 2020, they have carried out several million flights worldwide. The weight of the crisis appeared to be lifting before the January incident. A preliminary report from the National Transportation Safety Board suggested that the plane in that episode may have left Boeing’s factory without bolts needed to secure the panel. The Federal Aviation Administration immediately grounded near...
Ficohsa Commits to Increasing SME Loan Portfolio, with a Focus on Women-led Businesses and Enhancing Financial Inclusion
Finanzas

Ficohsa Commits to Increasing SME Loan Portfolio, with a Focus on Women-led Businesses and Enhancing Financial Inclusion

Ficohsa, under the leadership of Camilo Atala, has restated its dedication to growing its SME loan portfolio to $910 million over the next five years. The company will prioritize the advancement of businesses led by women by providing them with preferential lending options, insurance, and financial education. Since joining the Partnership for Central America (PCA) in July 2023, Ficohsa has already increased its SME loan portfolio by $60 million in Honduras, which has benefitted 8,500 newly established ventures.At Monday's semi-annual PCA Call to Action event with U.S. Vice President Harris, the significance of financial inclusion for the long-term progress of Central America was emphasized. Ficohsa's efforts in this field were highlighted during the event, showcasing their commitment to ex...
FAA Gives Boeing 90 Days to Develop Plan to Address Quality-Control Issues
Economy

FAA Gives Boeing 90 Days to Develop Plan to Address Quality-Control Issues

Linked media - Related media The meeting on Tuesday, which took place at the F.A.A.’s headquarters in Washington, came two weeks after Mr. Whitaker toured Boeing’s 737 plant in Renton, Wash. During his visit, Mr. Whitaker spoke with Boeing engineers and mechanics to try to get a better sense of the safety culture at the factory. The F.A.A. said after his visit that Mr. Whitaker planned to discuss what he saw during his visit when he met with Boeing executives in Washington. On Monday, the F.A.A. released a report by a panel of experts that found that Boeing’s safety culture remained flawed, despite improvements made after fatal 737 Max 8 crashes in 2018 and 2019. The report, which was mandated by Congress, had been in the works before the harrowing episode in January involving the Ma...
USWNT’s loss to Mexico was a jarring reminder that the team’s mystique is gone
Sports

USWNT’s loss to Mexico was a jarring reminder that the team’s mystique is gone

Related media - Linked media For those who weren’t following along during the 2011 World Cup qualifying cycle — in which the U.S. lost to Mexico in the CONCACAF semifinals before Alex Morgan finally sent the U.S. through in a playoff series against Italy — matches against Mexico might have felt like a rivalry in name only. The U.S. women’s national team had not lost to Mexico since that moment in 2010, and hadn’t lost to any CONCACAF opponent at home since 2000. Monday night threw that narrative out the window. The USWNT was outplayed in a 2-0 loss in front of a boisterous crowd in Carson, Ca., and while it didn’t match the low of that 0-0 draw against Portugal in the World Cup group stage last summer, the team’s final group stage match of this Gold Cup was (hopefully) a hel...
Divisions Among Finance Ministers Flare Over Seizing Russian Assets
Economy

Divisions Among Finance Ministers Flare Over Seizing Russian Assets

Connected media - Connected media “While we should act together and in a considered way, I believe there is a strong international law, economic, and moral case for moving forward,” Ms. Yellen said. But Mr. LeMaire, who spoke just a few hours ahead of a private meeting with Ms. Yellen, pushed back on that assertion. “We don’t have the legal basis to seize the Russian assets and we should never act if we don’t obey by the international law and by the rule of law,” Mr. Le Maire said, according to a recording of his remarks. Western officials have been considering several options for how they can use the approximately $300 billion Russian central bank assets, most of which is held in the European Union, to provide economic and military support for Ukraine. That includes the European Com...