Goldman Sachs appointed Ben Wallace as co-head of Mergers and Acquisitions division in the Americas on Thursday, according to an internal memo seen by Reuters. Wallace, who was named partner at the bank in 2022, will assume the new role while continuing as global head of health-care M&A, a position...
California, Epicenter of the Nation’s Housing Crisis, Is Finally Getting a Housing Agency
This story was originally published by CalMatters. Sign up for their newsletters. After years of soaring rents, increasingly out-of-reach home prices and an enduring homelessness crisis that touches every corner of the state, California is finally creating a state agency exclusively focused on housing issues. You might wonder what took...
Paving, Power, and Politics: Measure C Committee Faces Shakeup
At the last Measure C steering committee prior to merging with a social justice group, the advisory group discussed paving Fresno County roads and estimating the costs. The steering committee — a group of 26 that's about to expand to 38 — heard several options but one concrete message: The...
Indeed, Glassdoor to Cut 1,300 Jobs Amid AI Integration, Memo Shows
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift in focus toward artificial intelligence, according to a memo seen by Reuters on Thursday. The cuts — representing about 6% of the HR technology segment workforce —...
US Teachers Cut Ties With Anti-Defamation League Over Definition of ‘Antisemitism’
Saying the organization conflates criticism of the Israeli government with antisemitism, the nation's largest teachers association on Sunday voted to boycott the Anti-Defamation League, Haaretz reported Wednesday. A majority of the National Education Association's 7,000-member representative assembly voted in favor of the measure, stating the union "will not use, endorse,...
Trump Threatens Higher Tariffs on Canada in the Middle of Trade Talks
President Donald Trump threatened Thursday to impose a 35% tariff on Canadian imports, upending negotiations between the countries that had Canada’s representatives hopeful that a trade deal could be reached in a matter of weeks. Trump posted a letter to Prime Minister Mark Carney of Canada on social media outlining...
Israeli “Humanitarian City” Plan in Gaza Sparks Outcry, Accusations of Creating Concentration Camps
As Israeli Prime Minister Benjamin Netanyahu visited Washington, violence and uncertainty continued in Gaza, Ishaan Tharoor writes in The Washington Post. Israeli strikes killed scores of Palestinians, including women and children at a U.N.-linked clinic. Despite degrading Hamas, Israeli troops face continued attacks. Meanwhile, Defense Minister Israel Katz directed the...
US Singer Chris Brown Pleads Not Guilty to Lesser Assault Charge in UK Court
LONDON - U.S. singer Chris Brown on Friday pleaded not guilty to a charge of assault causing actual bodily harm by allegedly attacking a music producer with a bottle in a London nightclub two years ago. Brown last month denied a more serious charge of attempting to inflict grievous bodily...
Trump to Visit Texas Flood Site as Focus on Disaster Response Intensifies
KERRVILLE, Texas - U.S. President Donald Trump departed on Friday morning on a trip to central Texas to survey the damage caused by the July 4 flash flooding that killed at least 120 people and left dozens missing. His visit comes at the end of a week of mounting questions...
Zohran Mamdani Jolted Progressives. Can California Candidates Replicate His Success?
This story was originally published by CalMatters. Sign up for their newsletters. For California progressives, Zohran Mamdani’s New York City mayoral bid offers something of a formula to follow. When the 33-year-old democratic socialist pulled off a historic upset in the primary last month, Golden State progressives rejoiced. Some deemed...