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22 Aug

Understanding the NASCAR appeals process: a deep dive into recent developments and procedures

295Sports

Richard Childress Racing (RCR) is preparing to appeal Wednesday the penalty imposed on driver Austin Dillon. The appeal is in response to NASCAR’s decision to revoke Dillon’s automatic playoff qualification due to his controversial Richmond race win, as well as a 25-point deduction and a three-race suspension for team observer Brandon Benesch. Dillon’s aggressive maneuvers, which resulted in contact with Joey Logano and Denny Hamlin in the closing moments of the race, were deemed by NASCAR to compromise the integrity of stock car racing. Austin Dillon expressed optimism about the upcoming appeal, saying, "The appeals process is challenging, but we…

22 Aug

UK homebuyers take advantage of lower mortgage rates following BOE rate cut

295News

LONDON — In response to the Bank of England’s recent decision to lower interest rates for the first time in four years, the UK’s major banks have cut mortgage rates, significantly reviving the housing market. Lenders such as Barclays, Halifax, HSBC and NatWest are now offering five-year fixed-rate mortgages at rates below 4%, which is below the BOE’s 5% prime rate. The most competitive of these offers is a five-year fixed rate of 3.83% for homebuyers who can put down a 40% deposit, the latest Rightmove report revealed. This rate is the lowest since the economic fallout from the UK’s…

22 Aug

Revolving door: Food and Drug Administration official’s ties to medical device industry raise concerns

295Health

Dr. Jeffrey Shuren, former head of the Food and Drug Administration’s (FDA) medical devices division, presided over a period of increased device approvals and public health concerns. Although Dr. Shuren is retired, his tenure raises questions about potential conflicts of interest due to his wife’s work as an attorney representing medical device companies. A decade of overlap For 15 years, Dr. Shuren has overseen the approval process for a wide range of medical devices. His wife, Allison Shuren, is a senior partner at Arnold & Porter, a high-powered Washington law firm that represents medical device makers. Dr. Shuren has signed…

22 Aug

U.S. labor market malaise grows: Fed survey reveals job insecurity and wage dissatisfaction

295Business

A recent survey by the New York Federal Reserve paints a bleak picture of the U.S. labor market, highlighting rising anxiety among workers. The study, conducted in July, revealed falling employment rates, a surge in job seekers, and widespread dissatisfaction with wages and benefits. The results add to growing concerns about the health of the U.S. economy. The unemployment rate, though historically low at 4.3%, has been steadily rising, fueling fears of a broader recession. Additionally, July’s nonfarm payrolls increase of just 114,000 was weaker than expected, further fueling anxiety. The Fed survey results go even deeper, highlighting a significant…

22 Aug

GMC aims to lead the electric truck market with new Sierra EV

295Business

In Milford, Michigan, General Motors’ flagship brand GMC is positioning itself as a leader in the all-electric truck segment in the United States. That effort begins with the introduction of the Sierra electric pickup truck, which joins GMC’s growing lineup of electric vehicles, including several Hummer models. With the Sierra EV, the company expects it to not only complement its existing offerings but also become a best-seller within its electric lineup. That expectation is backed by plans to launch more affordable versions next year, starting with the high-end “Edition 1” model that has already begun customer deliveries priced around $100,000.…

22 Aug

Obama endorses Harris in vibrant finish to Democratic convention, issues stark warning against Trump

295Politics

CHICAGO, UNITED STATES — During the climactic night of the Democratic National Convention in Chicago, former President Barack Obama joined former first lady Michelle Obama in a clarion call to action, endorsing Kamala Harris and issuing stark warnings about the challenges posed by Donald Trump. In a sharp departure from past rhetoric, Barack Obama emphasized a return to optimism. “America is ready to bounce back from the crisis,” he proclaimed, contrasting his hopeful tone with Trump’s 2016 convention speech that suggested a combative stance against adversaries. Barack Obama criticized Trump's worldview, suggesting it was distorted by his discomfort with the…

22 Aug

Getting to know Tim Walz: key facts about the vice-presidential nominee

295Politics

Minneapolis, Minnesota, United States — As the Democratic National Convention unfolds in Chicago, Minnesota Gov. Tim Walz is preparing to step into the national spotlight. Although previously less well-known outside his home state, his nomination as Kamala Harris’s running mate has quickly elevated his profile. From Teacher to Vice Presidential Candidate A native of Nebraska, Tim Walz was a geography teacher and assistant football coach before entering politics. His political journey began when he defeated Republican incumbent Gil Gutknecht in the 2006 congressional race. Known for his moderate views and advocacy for veterans, Walz moved into government politics, winning the…

22 Aug

The billion-dollar companies that will make a mark in 2024

295Technology

As we head into 2024, the corporate landscape is buzzing with the emergence of potential billion-dollar companies. Forbes, in its annual effort to spotlight future unicorns, has already identified more than a hundred startups poised to reshape industries. This year’s lineup includes a wide range of innovators, from aerospace manufacturers to AI-driven tech companies, each bringing something unique to the table. A Journey of Resilience and Innovation Among the most inspiring stories is that of an entrepreneur who overcame anorexia to secure a whopping $110 million in funding for online treatment innovations. This remarkable journey not only highlights personal resilience,…

22 Aug

A week in the artistic life of Violaine Huisman at the cultural forefront of New York City.

295Entertainment

This year’s Bastille Day festivities in New York had a different feel, noted Violaine Huisman, artistic director of the prestigious Crossing the Line festival. Held at L’Alliance, the French cultural center in Midtown, the celebration came just a week after an unexpected snap election that left both President Emmanuel Macron and the nation reeling. Huisman, recently returned from France, noted the unique expression of this year’s festival attendees as they marched with empty signs. The gesture, he explained, was a tribute to an iconic 1960s demonstration conceptualized by choreographer Anna Halprin in the heat of the civil rights and anti-war…

22 Aug

The intersection of art forms: exploring the Ballets Russes through manuscripts at The Morgan

295Entertainment

In the tranquil confines of the Morgan Library & Museum, a fascinating discovery took place in 2019. Associate Curator Robinson McClellan delved into Robert Owen Lehman’s collection of music manuscripts, revealing a treasure trove tied to the iconic Ballets Russes. Founded by Sergei Diaghilev in 1909 in Paris, the Ballets Russes are renowned for their sweeping influence on 20th-century performing arts. The collection, enriched by scores by luminaries such as Stravinsky, Debussy and Ravel, offers a rare glimpse into the creative processes behind the Ballets Russes' groundbreaking productions. These documents, heavily marked with notes and revisions, expose the dynamic evolution…