Bill Cosby Jury to Hear Account That His Accuser Was Scheming

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Prosecutors say Ms. Constand is just one in a line of women who Mr. Cosby assaulted after giving them some kind of intoxicant. Dozens of women have come forward in recent years with such accounts, and Judge O’Neill agreed last month to allow five of them to testify. Prosecutors say the testimony will buttress their contention that the encounter with Ms. Constand was part of a pattern of predatory behavior by Mr. Cosby.

At the first trial, only one other woman was allowed to testify alongside Ms. Constand.

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Andrea Constand leaving the courthouse in Norristown, Pa., last summer after the judge declared a mistrial in Bill Cosby’s sexual assault trial. Credit Pool photo by Ed Hille

Mr. Cosby’s lawyers have said they intend to show with Ms. Jackson’s testimony that Mr. Cosby was the victim of someone who hatched a plot to siphon money from a rich entertainer. Prosecutors are expected to suggest there are problems with Ms. Jackson’s credibility, and spoke in court papers of “suspicious circumstances surrounding her revelation” without elaborating.

In another ruling Tuesday, Judge O’Neill said jurors would be able to hear about the lawsuit settlement reached between Ms. Constand and Mr. Cosby in 2006 in which Mr. Cosby paid her a financial sum related to her complaint of sexual assault. The payment amount has been kept confidential for more than a decade but can now be revealed at trial.

But Judge O’Neill said that the negotiations that led to the civil settlement would not be disclosed. Prosecutors had wanted to include what they said were Mr. Cosby’s demands that he be released from criminal liability and that Ms. Constand be barred from cooperating with the police — a stance, prosecutors said, that was inconsistent with a person saying he was innocent.

Representatives for Mr. Cosby and for Kevin R. Steele, the Montgomery County district attorney, had no comment on the rulings, which came on the second day of jury selection for the trial, scheduled to start next week.

Judge O’Neill said his decision about Ms. Jackson was “subject to further rulings by this court in the context of trial, specifically, following the testimony of Andrea Constand” — suggesting the decision could be reversed depending on Ms. Constand’s testimony.

In an affidavit filed with the court, Ms. Jackson, who has worked for more than 30 years at Temple, said she traveled with the women’s college basketball team as an adviser and sometimes shared a room with Ms. Constand in the early 2000s. At the time, Ms. Constand was the team’s operations manager. Ms. Jackson said on a trip to Rhode Island during that time they watched a TV news report together about a prominent person who had drugged and sexually assaulted women.

Ms. Constand responded to the TV report, Ms. Jackson said, by saying at first that something similar had happened to her. Then she said she had not actually been assaulted but that she could make a lot of money if she told the authorities that she had been, according to the affidavit.

“I could say it happened, file charges and get money to go to school and open a business,” Ms. Constand said, according to Ms. Jackson’s account.

When she saw the news about Ms. Constand and the current criminal charges against Mr. Cosby, Ms. Jackson said in her affidavit, “I felt Ms. Constand was setting up a celebrity just as she told me she was going to do.”

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Mr. Cosby’s new legal team for his retrial on sexual assault charges includes the lawyer Kathleen Bliss, center, who arrived Tuesday for jury selection at the Montgomery County Courthouse. Credit Corey Perrine/Associated Press

Prosecutors and defense lawyers had fought over the inclusion of Ms. Jackson’s testimony at pretrial hearings.

Becky S. James, a lawyer for Mr. Cosby, said at a pretrial hearing: “Ms. Constand reveals to Ms. Jackson her own mind-set. In addition, she has since changed her testimony, that she now knows Jackson. This goes to the bias and motive of the prosecution’s main witness.”

“The commonwealth has made a lot of arguments about the reliability of Ms. Jackson,” Ms. James added, “but she has no reason to lie.”

Although the defense has argued in court papers that Ms. Constand now acknowledges knowing Ms. Jackson, the basis for that contention has not been made public. Prosecutors have questioned why Ms. Jackson did not speak up on this matter until a decade after Ms. Constand first went to the police.

Kristen Feden, a lawyer for the prosecution, had said Ms. Jackson’s testimony should not be admitted because it does not mention Mr. Cosby or specify a time when the statement was made. She said the statement did not qualify as an exception to the rule banning hearsay because it does not establish the defendant’s state of mind.

“When you are talking about state of mind, you are not talking about broad statements,” Ms. Feden said. “She didn’t talk about Bill Cosby.”

Ms. Feden said that the judge ruled against admitting Ms. Jackson’s account in the first trial because it “did not come close” to identifying a time frame.

Lynne M. Abraham, a former Philadelphia district attorney and judge, said Judge O’Neill seemed to be trying to give each side an opportunity to present relevant evidence.

“That is extremely powerful and important,” she said of the inclusion of Ms. Jackson’s testimony. “It’s a delicate balancing act. It’s on a jeweler’s scale. You are trying to balance either side.”

Dennis McAndrews, a Pennsylvania lawyer, said the inclusion of the financial settlement in the civil case “cuts both ways.”

“On the one hand, the defense will make it appear that her motive in the entire process in the criminal and civil cases was financial,” he said. “The flip side of that is the jury will consider why would someone who is innocent pay a large amount of money if they truly did nothing wrong?”

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Alex Jones and Infowars Sued for Defamation After Misidentifying Parkland Gunman

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“We believe that Mr. Fontaine was targeted due to the T-shirt he was wearing, and that Infowars intentionally disregarded fundamental newsroom ethics due to its desire to politicize the tragedy,” Mr. Bankston said.

Infowars did not respond to a request for comment on Tuesday.

On Monday, the website appended an editors’ note atop the Feb. 14 story that said it had previously “showed a photograph of a young man that we had received and stated incorrectly that it was an alleged photo of the suspected shooter.” It continued, “We regret that this error occurred.”

An archive of the Infowars story by the Wayback Machine shows that Mr. Fontaine’s photo was online for at least five hours.

In the editors’ note, Infowars said Mr. Fontaine later asked for the photo to be removed, but by that time, it had already been taken down.

But the short time it did appear on the site caused lasting damage, according to the lawsuit. Mr. Fontaine continues to be harassed and receive threats, the lawsuit said, and is seeking more than $1 million in damages.

Led by Mr. Jones, who has repeatedly asserted that the Sandy Hook Elementary School shooting was “completely fake” and that the Sept. 11 terror attacks were an “inside job,” Infowars attracts millions of visitors every month with stories often based on unsupported claims and conspiracy theories. With little evidence, Infowars and Mr. Jones, the host of a popular radio show, have propagated wild allegations that they have ended up having to retract.

In March 2017, Mr. Jones apologized for spreading the hoax known as Pizzagate, which claimed that top Democratic officials operated a satanic child pornography ring in the basement of Comet Ping Pong, a Washington pizza restaurant. His apology came three months after a man motivated by the conspiracy theory fired a rifle inside the restaurant. In May 2017, Mr. Jones retracted several stories and issued an apology to Chobani Yogurt in order to resolve a lawsuit filed by the company for asserting that its Idaho factory, which employs refugees, was connected to a 2016 sexual assault of a child.

The shooting at Stoneman Douglas High, along with the student survivors who have since led impassioned rallies for restrictions on guns, quickly attracted the attention of far-right provocateurs. A month after the shooting, YouTube cracked down on some fringe groups whose conspiracy-theory videos had climbed the site’s “trending” list. YouTube issued a warning against Infowars, which had published a video that falsely claimed that a Stoneman Douglas student, David Hogg, was a “crisis actor.”

In the lawsuit, Mr. Bankston said that the Infowars story about the school gunman fell in line with the site’s overall strategy. “These sorts of reckless lies are what caused a disturbed individual to enter a pizzeria and begin firing,” he said.

“Alex Jones is no longer a gimmick or sideshow. His audience rivals that of major cable networks, yet he refuses to exercise the most basic journalistic integrity,” Mr. Bankston added on Tuesday. “What happened to Mr. Fontaine is the predictable result of the reckless practices Mr. Jones has fostered at Infowars.”

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Economic Scene: Charitable Giving by Corporations Is Also About Getting, a New Study Finds

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Think of it like this: One way a company could please Senator Chuck Grassley, the Iowa Republican who leads the judiciary committee and is a member of the committees on finance, agriculture, the budget and taxation, would be to have a corporate political action committee donate directly to his campaign.

But there is another way, one that often slips below the radar of campaign-finance watchdogs. Why not donate to the Partnership for a Drug-Free Iowa, where the senator has been an honorary advisory board member?

A corporation could also give to the University of Northern Iowa Foundation, on whose board Mr. Grassley sat as a trustee. Over the period covered by the study, the foundations of AT&T, ConAgra Foods, General Electric, Goldman Sachs, Medtronic, Merck, Monsanto, Nationwide Insurance, Principal Financial Group and Rockwell Collins all contributed to one or the other.

Mr. Grassley’s office, when asked about the contributions, had no immediate comment.

That companies might butter up legislators by donating to their pet charities is not new. In 2010, my colleague Eric Lipton documented the contributions to the Joe Baca Foundation and the James E. Clyburn Research and Scholarship Foundation, each affiliated with a Democratic member of Congress.

The researchers who conducted the new study don’t claim that any specific charitable contribution was meant to manipulate the political process. But their work lays bare the extent to which corporate donations may respond to political, rather than charitable, motivations.

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Senator Chuck Grassley, an Iowa Republican who leads the Judiciary Committee, has played a role in two charities tied to his home state that have drawn donations from major corporations. Credit Erin Schaff for The New York Times

It is possible that when the Exelon Corporation donated $25,000 to Representative Joe Barton’s effort to build a Boys and Girls Club in Texas in 2008, it did so because it believed in boys and girls, not because Mr. Barton was the top Republican member of the House Energy and Commerce Committee. Microsoft’s donation to the Seattle Art Museum may have reflected the company’s support for the arts, not its desire to please Representative Jim McDermott, who was on the museum’s honorary committee. (Mr. McDermott, a Democrat, has since retired.)

The new research uncovers patterns in the aggregate data that suggest corporate donations are often dictated by recipients’ political clout. For instance, a company foundation will donate more to charities in districts where the representatives have gained seats on a committee that is important to the company. And when the member of Congress leaves office, corporate donations to charities in his or her district will dip.

Corporations’ philanthropy often flows to the same areas as their political action committee contributions: Charities in districts where companies favor a particular candidate tend to get more corporate donations.

A charity need not have been founded by a member of Congress to get corporate money. But it helps. A nonprofit is more than four times more likely to receive grants from a corporate foundation if a politician sits on its board. And corporate foundation grants are even more likely if the politician happens to sit on a committee being lobbied by the firm.

The authors of the study examined only a subset of corporate philanthropy, money flowing through corporate foundations that must disclose the recipients of their largess. But the research suggests that the impact of corporate contributions could be much bigger than even critics of campaign-finance practices realize.

The researchers estimate that over 7 percent of charitable donations by corporate foundations are intended to buy political leverage. Applied to $18 billion worth of corporate philanthropy in 2014, that would amount to $1.3 billion, almost four times as much as total political action committee contributions that year and 40 percent more than the corporations’ lobbying expenditures.

There are a couple of lessons here. For those who favor campaign-finance reform, perhaps the most urgent message is that there are many doors that corporate America can use to buy influence. But the research also highlights the way that companies interact with society.

Corporations are likely to tally their foundations’ charity as a decided plus on the dashboard of corporate social responsibility. But politically motivated charitable giving meant to undercut regulations, promote a tax cut or otherwise gain a break could actually reduce total welfare.

As the researchers write, “If corporations’ good deeds (in the form of charitable contributions) cater to politicians’ interests, who as a result put the interests of business ahead of those of voters, the overall welfare effects are ambiguous — society benefits via increased charity, at the potentially high cost of distorting laws and regulation.”

None of this would happen, of course, if politicians weren’t so hungry for corporate money. “Companies wouldn’t do this is it didn’t pay off,” Professor Bombardini told me. “Politicians get good publicity by channeling funds that are valuable to the community. Whatever makes you look good, you want to take credit for it.”

But with a new wave of scandals engulfing some of the nation’s corporate titans, it would behoove them to honestly assess the ultimate purpose of their charity.

Facebook doesn’t have a corporate foundation. But its chief executive, Mark Zuckerberg, has pledged 99 percent of his Facebook shares to advance human potential and promote equality. Perhaps the pledge could include never deploying his company’s financial might to steer the nation’s political process for corporate gain.

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Square Feet: Building a Connected City From the Ground Up

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General Electric will use Union Point as a laboratory for testing new products and as a showroom for working systems. Eric Gebhardt, the strategic technology officer at GE Power, said the community’s energy plan will include micro grid technology, renewable generation and power storage. The company will also install “intelligent” lighting — streetlights with sensors that can track sound, light and other conditions. The data can be used to monitor traffic, help drivers find parking spaces and alert law enforcement if a gun is fired.

G.E. has piloted some of its smart products in existing cities, but Union Point is an unusual opportunity because most of the infrastructure does not exist yet and the developer is open to experimentation, Mr. Gebhardt said.

The Massachusetts Institute of Technology plans to open an innovation center in the air station’s old power plant. The center will house an interactive planning tool called CityScope, which will aid in Union Point’s evolution by allowing users to visualize and explore trade-offs around factors like density, transportation and walkability, said David Rose, a researcher and lecturer at MIT’s Media Lab.

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The streets within Union Point will not be public ways, giving the developers leeway to test autonomous vehicles and lighting technologies. Credit Elkus Manfredi Architects

“We want the center to be a showcase for what the city could be, a place to monitor what it is becoming, and a place to ask existential questions like, ‘Could it be more inclusive, say, or energy efficient?’” Mr. Rose said.

LStar also has an agreement with Optimus Ride, an autonomous vehicle start-up in Boston, to set up a self-driving vehicle service at Union Point. The company is already testing its electric vehicles at the property.

Union Point’s first commercial tenant is expected this spring, when Prodrive Technologies, a Dutch company that develops and manufactures products for the automotive, medical and other industries, will break ground on its 60,000-square-foot United States headquarters. The site’s proximity to Boston, access to commuter rail service and ample room for expansion were crucial to the firm’s location decision, said Roy Willems, the company’s general manager of United States operations. He said Prodrive expected to build a second 200,000-square-foot building within three years, and increase its work force to roughly 300 people.

LStar had to persuade the three host communities to approve critical zoning changes before it could move forward with the project. They also granted the developer considerable latitude over the design and layout of the community, which will take shape over 15 to 20 years.

“The three towns recognized an opportunity to do something quite extraordinary” on a site where previous development plans stalled, said David P. Manfredi, a founding principal at Elkus Manfredi Architects, which helped create the master plan for Union Point. “This is an alternative to what could have been suburban sprawl.”

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Union Point will be developed over the next 15 to 20 years. Its first commercial tenant, ProDrive Technologies, is expected to break ground on its United States headquarters there this spring. Credit Elkus Manfredi Architects

Union Point promises to bring badly needed tax revenue to Weymouth, said the town’s mayor, Robert L. Hedlund. “It’s the commercial build-out that we’re lusting after,” he said.

Still, similarly ambitious smart city projects have proved perilous. Mr. Rose cited Songdo, a smart city nearing completion in South Korea, as a prime example. The city boasts advanced connectivity, but it has so far failed to meet expectations in attracting international businesses and residents.

“What they got wrong was any sort of sense of streetscape,” said Mr. Rose, who has visited Songdo. “There’s no sense of patina, no authentic street life. It’s super sterile. It was built as this fantasy of the future, but it’s a place that humans don’t want to occupy.”

The integration of technology into urban planning has prompted questions about how the data being collected will be used. In Toronto, for example, Sidewalk Labs, a subsidiary of Alphabet, the parent company of Google, attracted considerable publicity when it was selected last year to help create a smart neighborhood of sorts in a waterfront district called Quayside. Some local officials and critics are questioning whether the deal gives too much authority to Sidewalk Labs without putting limitations on Google’s collection and use of data.

The need for greater regulation of driverless vehicles has also come up for debate after the death last month of a woman who was struck by one of Uber’s self-driving cars in Tempe, Ariz.

“Very few local governments have thought through the long list of public- and private-sector values and concerns that should be deployed to constrain” the use of autonomous cars, as well as the technologies being used to monitor city streets, said Susan Crawford, a Harvard Law School professor. “Once you’ve given a developer license to deploy total surveillance, with no public limitations, you’re done.”

LStar has considerable leeway to test technologies at Union Point. The developer is purposely holding on to its roads, rather than asking for them to be made public ways, to maintain flexibility in testing autonomous vehicles, lighting and other technologies, said Robert Luongo, Weymouth’s director of planning and community development.

“If these were public ways, we might not be able to give them that flexibility,” he said.

Mr. Corkum said retaining ownership of the roads would enable them to play with designs for amenities like drop-off areas for driverless shuttles and heated sidewalks. “It’s better for us to stay in this testing phase until we have good workable solutions,” he said.

State oversight of autonomous vehicles applies only once there is public use, he said. Even then, the rules are vague. Ryan Chin, the chief executive of Optimus Ride, said his company would adhere to the same high-level safety standards and testing protocols at Union Point that it followed for testing driverless cars in Boston’s Seaport neighborhood.

As for privacy concerns, Mr. Corkum said that he believed in setting boundaries on data collection and use. There is value in using technology to improve quality of life by, for instance, alleviating traffic jams, but he said he was wary of falling prey to a “preoccupation with optimization.”

The company is working with law firms and consultants on operating guidelines for gathering and anonymizing data and ensuring it cannot be hacked or used to invade privacy, he said.

“I don’t like the Big Brother notion that we know everything about you,” he said. “We will use data for the benefit of the group, not in a way to leverage the group.”

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Wrong Flag Flying: Wall Street Greets Spotify With Swiss Banner

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Extremt mycket lol på Wall Street när NYSE hissar en schweizisk flagga. $SPOT #sthlmtech pic.twitter.com/snA6P1i7OX

NYSE using the Swiss flag for @Spotify entering the stock market. $SPOT #spotifyipo pic.twitter.com/VUBOJFTILF

Well done @NYSE
The Swiss flag was erected by mistake instead to celebrate the Swedish company.
But replaced. #Spotify pic.twitter.com/yP3qdUJdHV

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New York Fed Names John Williams President, Bucking Calls for Diversity

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Advocates for Mr. Williams argue he is well suited to the complex role. He has led the San Francisco bank for seven years and has spent virtually his entire career inside the Fed system. He is an influential expert on monetary policy who has worked closely with progressives — including Janet L. Yellen, who before her term as Fed chairwoman was Mr. Williams’s predecessor at the San Francisco Fed — and with conservatives such as John B. Taylor, the Stanford economist.

“His work is rigorous and thoughtful, and he discusses it carefully, considers other views,” said Mr. Taylor, who was Mr. Williams’s thesis adviser in graduate school. Ms. Yellen also released a statement on Tuesday praising Mr. Williams’s selection.

Mr. Williams would also bring a seasoned policymaking hand to a Fed that is short on them. Jerome H. Powell, the Fed’s newly appointed chairman, has been at the Fed since 2012, but he is a lawyer by training and not — unlike Ms. Yellen and most of her recent predecessors — an economist. The Fed’s vice chairmanship is vacant, and the candidate President Trump has been reported to favor, Richard Clarida, a Columbia University economist, has little policy experience. Three other positions on the seven-member Board of Governors are also vacant, and several regional bank presidents are new in their roles.

The relative inexperience at the top of the Fed made finding someone with practical experience a priority, two people close to the search process said. The search committee, these people said, wanted a candidate who understood the Fed’s inner workings and who would protect the Fed’s independence.

But Andrew Levin, a Dartmouth economist and former Fed staff member, said there are also risks to picking an insider. Fed officials failed to appreciate the risks posed by the housing bubble in the mid-2000s, for example, even as some outside voices tried to raise the alarm.

“The problem with picking a longtime Fed insider is it just amplifies the risk of groupthink,” Mr. Levin said, “and I think groupthink has been proven to be a very serious threat at the Fed.”

Mr. Williams also has less experience with financial markets than many past New York Fed chiefs. The bank’s president and its staff are traditionally responsible for communicating Fed decisions to Wall Street, and for interpreting financial markets’ reactions for Fed policymakers.

Mr. Williams was chosen by a search committee headed by two members of the bank’s board: Sara Horowitz, founder of the Freelancers Union, a New York-based labor organization, and Glenn Hutchins, a private-equity investor and philanthropist. Under the Dodd-Frank financial reform law enacted after the financial crisis, board members who represent financial institutions regulated by the Fed are excluded from the appointment process.

Mr. Williams’s appointment was also approved by the Fed’s Board of Governors.

In a statement announcing the decision, Mr. Hutchins praised Mr. Williams as someone who has a rare mix of policy expertise and management experience and who “understands the plumbing of the financial system.” In a call with reporters, Mr. Hutchins and Ms. Horowitz also cited Mr. Williams’s record of community engagement in San Francisco and his progress in diversifying the bank’s senior leadership.

Progressive groups seized on Mr. Dudley’s retirement as a rare opportunity to influence an economic policy appointment that is outside Mr. Trump’s control. Protesters marched on the bank’s Lower Manhattan headquarters last month to demand a president who would represent working people.

In a statement Tuesday, the Fed Up campaign, a progressive group, criticized the New York Fed’s board for “ignoring the demands of the public and choosing yet another white man whose record on Wall Street regulation and full employment raises serious questions.” The group said the search process “calls into question whether the Federal Reserve can be trusted to act in the public interest.”

Yet in one sense, the protesters got their wish. Unlike Mr. Dudley, who was chief economist for Goldman Sachs before he joined the Fed, Mr. Williams has never worked on Wall Street. And some of his positions have drawn cheers from progressives. He has, for example, pushed the central bank to consider a new approach to monetary policy that could lead the Fed to be more aggressive in fighting the next recession.

But Mr. Williams has also supported gradually raising interest rates to stave off inflation, an approach that progressive economists worry could prematurely choke off the economic recovery. And his regulatory record is also drawing scrutiny: He was president of the San Francisco Fed while Wells Fargo, which is based in San Francisco, engaged in aggressive sales practices that resulted in the opening of millions of accounts without customers’ knowledge. (Regulatory policy is set in Washington, and Fed insiders say regional bank presidents play only a limited role overseeing banks in their districts.)

Perhaps the loudest criticism has focused on the fact that Mr. Williams, like every other person to lead the New York Fed in the bank’s century of history, is a white man.

“The New York Fed has never been led by a woman or a person of color, and that needs to change,” Senator Kirsten Gillibrand, Democrat of New York, said in a statement last week.

The search committee promised to consider a diverse pool of candidates, and the two leaders of the search said they succeeded. Neither of the other two finalists for the job — Raymond McGuire, an executive at Citigroup, and Mary J. Miller, a former Treasury official — were white men, and the search committee also interviewed other candidates who would have brought diversity to the Fed. One such candidate, Peter Blair Henry, who recently stepped down as dean of New York University’s Stern School of Business, said the search committee pushed him to pursue the job, but he declined.

“I’m just one data point, but if the effort they put into trying to persuade me to be a candidate is any indication, then they took diversity pretty seriously,” said Mr. Henry, who like Mr. McGuire is African-American.

But Sarah Binder, a George Washington University political scientist who has studied the Fed, questioned whether there were really so few qualified candidates who weren’t white men. And she said that the closed-door nature of the process made it hard for the public to evaluate how the search committee had carried out its work.

“It’s such an opaque and pretty byzantine process,” Ms. Binder said. “The fact that it is so cloistered from public view and really has very little if any public accountability for how that choice is made — given the importance of the position, it’s really quite glaring.”

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Tesla Reports Progress in Model 3 Production

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Tesla said on Tuesday that it had produced almost 10,000 Model 3 electric cars in the first three months of 2018, a significant increase from the fourth quarter of last year but still short of the goal that investors hoped the company would reach.

The company said it had expanded output of the Model 3, its first mass-market offering, by “rapidly addressing production and supply chain bottlenecks, including several short factory shutdowns to upgrade equipment.”

The Model 3 is critical to Tesla’s efforts to shore up its finances and generate revenue to repay investors and to develop other vehicles, including an electric truck.

In the past seven days, Tesla said, it produced 2,000 Model 3 vehicles, a rate it expects to sustain in the coming week.

Tesla’s chief executive, Elon Musk, once envisioned producing as many as 500,000 Models 3s this year, but production glitches and other delays have slowed output to a crawl. In the fourth quarter, the company built just 2,425 of the cars.

Its most recent target was to lift production to 2,500 a week.

Including the Model S, a luxury sedan, and the Model X, a sport-utility vehicle, Tesla produced almost 35,000 vehicles in the first quarter, 40 percent more than in the previous quarter. In a filing with the Securities and Exchange Commission, the company called it “the most productive quarter in Tesla history.”

Tesla has been slammed in recent weeks by a barrage of negative news. Concern has grown over the safety of its Autopilot driver-assistance system after a fatal crash in California on March 23 that the company said occurred while Autopilot was engaged. It was at least the third fatal crash that has taken place while a driver was using Autopilot.

Tesla’s stock and bond prices have plunged amid concerns about how much cash the company is using as it struggles to speed up assembly and sales of the Model 3. With a starting price of $35,000, the car is supposed to be more affordable than Tesla’s other cars. The company has been counting on a quick expansion of its Model 3 business to increase revenue.

Tesla’s shares were up alomst 4 percent in early trading Tuesday after the company’s filing.

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Disney Offers to Buy Sky News to Aid Rupert Murdoch’s Bid for Sky

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Enter Disney, which has a comparatively smaller presence in British media and carries no such historical baggage.

Much of its decision to propose buying Sky News lies in a desire to eventually own Sky, which has 23 million customers and holds lucrative broadcast rights to the English Premier League and other professional soccer leagues. Robert A. Iger, the American media giant’s chief executive, has called the broadcaster “a real crown jewel.”

Disney said that it would hold onto Sky News even if Fox’s bid for Sky fell apart and that it would “sustain the operating capital of Sky News and maintain its editorial independence.”

Fox unveiled an alternative proposal as well: completely separating Sky News from its parent company, giving the news provider its own board of directors and agreeing to fund it for 15 years.

“We believe that the enhanced firewall remedies we proposed to safeguard the editorial independence of Sky News addressed comprehensively and constructively the C.M.A.’s provisional concerns,” Fox said in a statement.

And Sky added in its own statement, “Sky believes that both of these remedy proposals comprehensively address any plurality concerns the C.M.A. may have, and would guarantee the long-term future of Sky News and its ongoing editorial independence.”

Shares in Sky were up 2 percent, at 1,320 pence, on Tuesday’s news.

The competition regulator is expected to offer its recommendation on Fox’s bid for Sky by May 1. A final decision on the transaction by Matt Hancock, Britain’s culture secretary, is expected on June 13.

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On the Runway: Men’s Wear Just Had a Huge Designer Reshuffle: What Does it Mean?

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Phew, got that? And it’s all happened since January 1!

Though perhaps the first sign of change came all the way back in March 2017, when Clare Waight Keller was appointed artistic director of Givenchy, and announced she would combine her women’s and men’s collections into a single show.

So what is it about? Boredom on the part of designers who are starting to get restless and look around after a decade at a brand, and a desire to keep talent by giving it new challenges? A need for new buzz on the part of the brands?

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Kim Jones, flanked by Naomi Campbell, left, and Kate Moss, at his final men’s show for Louis Vuitton, held in January in Paris. In early March he became artistic director at Dior Homme. Credit Francois Mori/Associated Press

All of the above, at least in part. Michael Burke, the chief executive of Louis Vuitton, told me he had been having long conversations with Mr. Jones before his switcheroo because the designer was feeling a sense of stasis. But keeping both Mr. Jones and Mr. Van Assche within the group while giving them new jobs was a new development in the game of fashion designer musical chairs: Traditionally, when a designer leaves a brand, he or she leaves the group.

Mr. Van Assche hinted at the novel nature of the situation in his statement about Berluti, in which he thanked the LVMH chairman and chief executive, Bernard Arnault, for “his renewed confidence.” It is more akin to the executive moves that typically happen in such big organizations — and perhaps a reflection of the corporatization of the creative side.

And there’s no question that while the men’s wear market is healthy, it is still small compared to women’s, especially when leather goods such as bags and shoes are factored in; changing designers creates a sense of anticipation and excitement that calls attention to a brand, especially when two of the designers are famously master marketeers (Mr. Slimane and Mr. Abloh).

But also, perhaps more important, these moves reflect a real belief that haute streetwear is the way forward for men’s wear.

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Hedi Slimane, shown at the Saint Laurent spring 2013 show, became the artistic, creative and image director of Céline in January. Credit Martin Bureau/Agence France-Presse — Getty Images

After all, the thread that connects the four designers, who otherwise have pretty different takes on men’s wear, is a certain belief in the power of the high/low combination; the way the mix-masher of fashion can combine club and skate and suit influences to create something contemporary. Mr. Abloh, who came from the streetwear world via his own brand, is the most obvious example, though Mr. Jones’s Vuitton/Supreme project, and Mr. Van Assche’s Dior BMX bike and ad campaigns with ASAP Rocky, are further cases in point.

Mr. Ackermann, by contrast, was known more for his relaxed, soulful, Byronic romance and his color palette than his urban tagging cred. Though he received generally enthusiastic reviews for his three collections, and had celebrity fans such as Timothée Chalamet, who wore a white Berluti tux to the Oscars in March, apparently the powers that be decided the general trend was in another, cooler direction.

Whether they are right — whether men who buy designer clothing really need four grown-up brands chasing cool — remains to be seen. Designers change their aesthetics as they change houses (at least hopefully), and we don’t really know what we are going to get, especially in the case of Mr. Slimane.

We’ll start to see answers in June, when the new Vuitton and Dior men’s collections debut, though we won’t know about Céline until September (Mr. Slimane is, like Ms. Waight Keller, combining his shows on the women’s schedule). Mr. Van Assche’s first Berluti collection won’t appear until January 2019.

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India Backs Down From Threat to Penalize Journalists Over ‘Fake News’

anastasios pallis
anastasios pallis

Critics of the rules pointed out that the government’s proposal did not apply to independent or partisan digital media platforms, some of which are seen in India as major disseminators of fake news. These platforms are not regulated by the Press Council of India or the News Broadcasters Association. Instead, the rules would have been felt primarily by large, established outlets.

In its statement Monday, which has since been taken offline, India’s Ministry of Information and Broadcasting said that guidelines for the accreditation of journalists were being amended to counter “increasing instances of fake news in various mediums.” The statement did not define fake news or provide guidelines for who could lodge complaints against journalists.

The statement said a journalist’s accreditation would be revoked for six months after a first violation, one year after a second violation and permanently after three violations. It also said that once a complaint against a journalist was registered, his or her accreditation would be suspended until a determination had been made.

Accredited journalists in India face fewer security clearances when visiting government offices and are eligible for subsidized train travel, among other benefits.

Smriti Irani, who heads the Ministry of Information and Broadcasting, had said on Twitter that complaints against journalists would be handled by two media regulatory bodies, the Press Council of India and the News Broadcasters Association. She said neither body was controlled by the government.

Mr. Sharma, the president of the News Broadcasters Association, said that his group had not been consulted about the amendment before it was announced on Monday. M. V. Shreyams Kumar, the vice president of the association, called the amendment “ridiculous.”

“This whole exercise is to curb the freedom of the press,” Mr. Kumar said by telephone.

Ms. Irani, after arguing the measure’s merits on Twitter with journalists and opposition figures, was taking a more conciliatory tone by midday Tuesday, inviting journalists to meet with her and provide “suggestions so that together we can fight the menace of ‘fake news’ & uphold ethical journalism.”

President Trump’s tendency to dismiss critical news coverage as “fake news” has been emulated by various leaders in Asia and elsewhere. On Monday, Malaysia’s lower house of Parliament passed a bill that would make the distribution of misleading information punishable by up to six years in prison. As in India, critics of the measure characterized it as an attempt to stifle legitimate journalism.

Raj Kamal Jha, the chief editor of The Indian Express, said, “Of course, fake news pollutes public discourse but whose fake news is it anyway?”

“Spin, cheap shot, empty boast, outright lie, innocent mistake, an oversight — who gets to decide what’s fake, what’s not?” he continued. “That’s why the government’s order last night using fake news as an excuse to punish journalists was an assault on the freedom of the press.”

The Indian Express reported on Tuesday that at least 13 government ministers, including Ms. Irani, had tweeted a link to an article claiming to have exposed “four major fake news stories.” The article, on a website called The True Picture, accused “sections of the media” of supporting the opposition and trying to portray the government and the Bharatiya Janata Party in a bad light.

The Indian Express reported that the website shared a phone number with a company involved in publishing a children’s book written by Mr. Modi. Employees of the company, Bluekraft Digital Foundation, said they did not run the website.

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