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Entertainment

At Lincoln Heart, Hooked on Swing and Again on the Dance Flooring

Three summers ago, on a mid-July evening, Margaret Batiuchok was teaching the basics of Lindy Hop on an outdoor stage at Lincoln Center when her microphone went dead.

It was the final night of Midsummer Night Swing, a tradition spanning more than 30 years that saw New Yorkers obsessed or just curious about partner dancing flock to a massive dance floor on the Upper West Side.

Batiuchok switched to a megaphone, but it quickly became clear that the problem went beyond technical difficulties: part of Manhattan’s West Side had lost power and would not regain it for several hours.

The dancers were asked to disperse before sunset that night, and some are now joking that the 2019 blackout was a bad omen.

In 2020, the coronavirus pandemic hit the city, forcing Lincoln Center to cancel Midsummer Night Swing for the first time since it began in 1989. It was canceled again in 2021.

Lana Turner, 72, a Harlem resident who has been dubbed the doyenne of Lincoln Center’s swing dance community, recalled the days when she and her fellow dancers didn’t have their usual summer spot.

“There was a lot of pent-up energy,” Turner said.

In June, that energy was released again: the dance floor returned to Lincoln Center and regulars reunited with friends and familiar faces. They didn’t necessarily know each other’s last names, but they were long-standing fixtures in each other’s lives.

“You realize you care about them even though they’re semi-strangers,” said Mai Yee, who has danced with Midsummer Night Swing for more than 20 years. “It was like, ‘Oh my god, you’re here — we survived that!'”

One of the people Yee usually only sees dancing is Turner, who started attending Midsummer Night Swing around the same time. Yee remembers Turner hitting the ground running year after year, always wearing something exquisite. (Turner’s flashy fashions once caught the attention of New York Times fashion photographer Bill Cunningham.)

On a tango night this summer, Yee and Turner, wearing a floor-length yellow peacock-print dress, chatted with other longtime participants and discussed how far they would go to partner dancing during the pandemic. Some held one end of a ribbon or rope while their partner held the other so they could connect without touching. Some attended classes virtually, and once they were able to dance in person with others, they wore gloves and masks for protection.

“It’s not an addiction; I can stop anytime!” said Anahý Antara as couples hugged and danced the tango around her.

Back when she was dancing five nights a week during Midsummer Night Swing, which typically lasted three weeks, Antara said she had a voicemail message that simply said, “You know where I am.”

The event to which the dancers returned was different from previous times. For years, the Midsummer Night Swing took place in Damrosch Park; This year, the dancing was back in the square where it began 33 years ago when a big band anniversary party at Lincoln Center became an annual tradition. (It moved to Damrosch Park in 2008 due to construction work on the square.)

For the program’s grand return, Lincoln Center hired Clint Ramos, a Broadway costume and set designer, to create a performance in the plaza between the grand buildings that house the Metropolitan Opera, the New York City Ballet, and the New York Philharmonic to create eye-catching outdoor dance hall. Dubbed the Oasis, it featured a 10-foot diameter disco ball, a mirrored stage, and an electric blue dance floor that drew passers-by, many of whom preferred to sit on the sidelines sipping wine and watching the spectacle.

“It’s more like a party, like a celebration,” said Batiuchok, the ultimate Midsummer Night Swing veteran, after performing at the first two events with swing dance champion Frankie Manning.

Another important change this year: Admission was free. Originally, visitors who wanted to dance on the ground floor paid an entrance fee, while others could dance salsa and rumba on the sidelines while the band blasted music into the park.

The free dance events, which ended Aug. 6, drew more people than in previous years, not all of them serious dancers, leading to some grumbling among regulars that it was harder to find qualified partners. Lincoln Center estimated this year’s attendance at 54,000. In 2019, Midsummer Night Swing drew around 15,000 ticket holders to the dance floor, with an additional 23,000 people on the periphery, the organization said.

And perhaps the biggest change: the name Midsummer Night Swing has disappeared, at least for the time being. This year, ballroom dancing was part of Lincoln Center’s Summer for the City Festival, which also included workshops for children, orchestral concerts and poetry readings.

The dance styles were still diverse. Among this season’s offerings: Lindy Hop, Afrobeat, House, Salsa, Zydeco, Disco, Merengue, Tango, Flamenco, Freestyle and Ballroom.

The dancers came with all sorts of backstories: a 67-year-old woman who convinced her husband to move away from Paris so she could dance with the salsa greats of New York City; a 24-year-old doorman who began attending events with his church friends; a 53-year-old mother with stage 4 cancer who dances to find joy and calls it a “life force”.

They danced to connect with their cultural history.

“Having a dance created by our community, created by our ancestors, is a form of resilience,” said Taneeka Wilder, 41, a Bronx resident who started dancing lindy hop, a form, about six years ago , who was born in Harlem in the late 1920s .

They danced for their health.

“At 72, my blood pressure is excellent,” said Joanne Swain, who has been dancing since she was 14, as she sneaked into the Palladium nightclub on East 14th Street. “My doctor said to me, ‘Whatever you’re doing, keep doing it.'”

And they danced for human connection, something many felt deprived of during the height of the pandemic. It’s normal here to take a stranger’s hand and let yourself be carried away for a song or two. (Even these reporters were lured onto the dance floor.)

“During Covid, I realized that apart from the human touch, what I missed the most was dancing,” said Veronica Cabezas, 42, who was beaming with excitement at a salsa night last month. “It puts you in a state of readiness to meet a new person.”

Few attendees wore masks at the events, and everyone agreed: Zoom couldn’t compare himself to dancing under the stars, nor could he dance at home with a broomstick as a partner, which Swain recalled doing at their house in the Bedford-Stuyvesant neighborhood of Brooklyn.

On one of the final nights of the season, just days before the Oasis was demolished, swing dancers gathered for the Harlem Renaissance Orchestra, the same group that was performing in 2019 when the power went out.

WR Tucker, 88, whose dance name is Tommy Tucker, courted partners in a cream linen suit and matching fedora.

After moving to New York from Florida in 1954, he was a regular at the Savoy Ballroom in Harlem. Tucker, who has attended Lincoln Center’s social dance events for about a decade, credits the dancing with keeping him “out of trouble.” He hasn’t stopped during the pandemic, even if he had to do it alone at home.

“New York was dying, but I was dancing in the house,” Tucker said. “Being here now feels like a new life.”

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Politics

Betting markets swing in favor of Gavin Newsom

California Governor Gavin Newsom makes a gesture as he speaks during a press conference at the San Bernardino Unified School District Office after attending Juanita B. Jones Elementary School in San Bernardino on Friday, August 6, 2021.

Watchara Phomicinda | MediaNews Group | Getty Images

The campaign to remove California Governor Gavin Newsom lost so much momentum over the past month that bettors are now saying the over 85% chance fails.

Political betting website PredictIt said the Democrats’ chances of staying in office after being dismissed on Sept. 14 reached their highest level since early July last week.

On Thursday, a bet on a successful recall (that is, a bet that Newsom would be ousted) on PredictIt cost 10 cents, up from 26 cents a week earlier and a high of 34 cents in early August. By Sunday the price had risen slightly to 14 cents.

Correct bets on PredictIt cash in at $ 1, so a 10 cents bet pays 90 cents should the recall prevail. The price of a bet in favor of a recall hasn’t closed below 10 cents since May 20, according to PredictIt. The low of the campaign a few days earlier was 8 cents in May.

Newsom and the Democratic Party have tried to make up ground as polls have shown the GOP to be more enthusiastic about voting in the recall, despite California being a reliably blue state. The California governor has had a boost from celebrities and high profile politicians like Senator Elizabeth Warren, D-Mass. Democrats are far more likely to return ballots than Republicans.

Vice President Kamala Harris, the former California attorney general and former US state senator, will be campaigning for Newsom this week. President Joe Biden, who is struggling with low poll numbers after a difficult military exit from Afghanistan and rising Covid-19 infections in large parts of the United States, has announced that he will campaign for Newsom.

The governor’s rosier outlook in recent days is reflected in the polls. FiveThirtyEight’s survey average shows Newsom 10.4 percentage points ahead of recall efforts (53% to 42.6%), down from 5.6 points at the end of August. A poll by the Public Policy Institute of California last week found that 58% of likely voters would vote against the recall.

Recall efforts gained momentum during the Covid pandemic, as critics expressed dissatisfaction with the state’s aggressive bans, school closings, and rising crime. Some corporations and wealthy technology managers and investors also left California and went to states with lower tax rates.

Newsom made a gift to its opponents in November. While the pandemic was still raging and stores were closed, photos emerged of an unmasked Newsom attending a party at the Napa Valley high-end French Laundry restaurant. By April of this year, the recall had garnered 1.6 million signatures, surpassing the number required to trigger an election.

Newsom supporters have been raising money lately and flooding the California airwaves to fend off the challenge. According to CALmatters, opponents of the recall raised $ 68.9 million, or six times as much as the pro-recall site.

If more than half of the voters say “yes” to the dismissal, the next governor will be the one of the 46 substitute candidates who receives the most votes in the second part of the ballot.

The betting markets don’t have much confidence in any of them.

Bets on Larry Elder, a conservative radio talk show host, have dropped from 25 cents on Aug. 24 to 13 cents. A bet on YouTube star and real estate entrepreneur Kevin Paffrath, who is running for Democrat, costs 4 cents compared to 13 cents in mid-August. None of the other candidates are over 1 cent.

A bet on Newsom to keep the gig dropped to just 68 cents in early August. It now sells for 89 cents.

SEE: California Governor Newsom is being recalled as organizers file signatures

Categories
Politics

What Voters in a California Swing District Say About Afghanistan

In a time of deep division, voters polled over the weekend in a Southern California congressional district where the Democrats narrowly outperform Republicans were largely unanimous on at least one issue: After a two-decade war, President Biden was right to withdraw American troops of Afghanistan.

The bombing of Kabul airport had done little to change their minds, with the killing of 13 soldiers stunned rather than sad. Many said they were simply too overwhelmed to pay attention to another overseas crisis. “We have a lot to repair here,” said Ms. Ortiz, who described herself as politically moderate and voted for Mr. Biden.

In the midst of a still raging pandemic and economy still recovering, this is a time to focus on issues domestically and not overseas, more than a dozen Republican, Democratic and independent voters said in talks in and around Hacienda Heights, a community of 55,000 people about 20 miles east of downtown Los Angeles, where first and second generation immigrants fill the neighborhoods and malls.

Afghanistan can be ignored, they said, but the possibility that their children, who are too young to be vaccinated, cannot. Washington leaders might be concerned about the terrorism threat or America’s standing with allies, but Hacienda Heights voters said they were far more concerned about issues that affect them directly: Covid-19, homelessness and climate change , to name just a few.

They also seemed reluctant to hold Mr Biden accountable for the attacks over the past week, at least for the time being.

“If you don’t have a good choice, you still have to choose one,” said Patrick Huang, a 65-year-old independent who voted for both Republicans and Democrats. “They had a lot of time to prepare to get everyone out and they totally screwed it up. But I don’t blame President Biden for everything. It happened after many, many presidents made mistakes. “

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Politics

Biden’s Antitrust Group Indicators a Massive Swing at Company Titans

WASHINGTON – President Biden has assembled the most aggressive cartel team in decades, equipping his administration with three legal crusaders preparing to take on corporate consolidation and market power with efforts that could include blocking mergers and liquidating large corporations.

Mr Biden’s decision last week to appoint Jonathan Kanter to head the Justice Department’s antitrust division is the latest sign of his willingness to join forces with American businesses to foster more competition in the tech industry and across the economy. Mr. Kanter has spent years as a lawyer fighting giants like Facebook and Google on behalf of rival companies.

If the Senate confirms this, he will join Lina Khan, who reorganized the academic debate on antitrust law and now heads the Federal Trade Commission, and Tim Wu, a longtime advocate of the breakup of Facebook and other big companies, who is now the Special assistant from. is the President for Technology and Competition Policy.

The appointments show both renewed antitrust activism by the Democratic Party and the Biden government’s growing concern that the concentration of power in technology, as well as other industries such as pharmaceuticals, agriculture, healthcare, and finance, has harmed consumers and workers and slowed economic growth.

They also underscore that Mr Biden is ready to use the power of his office and not wait for tougher action from Congress, an approach that is both quicker and potentially riskier. That month it issued an order of 72 initiatives designed to increase competition in a variety of industries, strengthen control over mergers, and curb the widespread practice of forcing workers to sign non-compete agreements.

External groups and government ideological allies warn that if Mr Biden really hopes to follow in the footsteps of his antitrust idols, Presidents Theodore Roosevelt and Franklin D. Roosevelt, he must push for sweeping laws to give federal regulators new powers grant, especially in the technology area. The core federal antitrust laws, written more than a century ago, did not provide for the kind of trade that exists today, where large corporations may offer their customers low prices, but at the expense of competition.

The government has tacitly backed the legislation working its way through the House of Representatives, but it has not yet attempted an antitrust push by Congress in the way that Mr Biden did on infrastructure, childcare and other components of his $ 4 trillion economic agenda to advance.

This could prove problematic if judges continue to oppose action by the Department of Justice, the FTC, or other agencies.

Last month, a federal judge threw an FTC lawsuit against Facebook saying the agency had failed to make a convincing argument that the company was a monopoly and instructed it to better justify its claims. Ms. Khan faces her first major review when she re-files that lawsuit, and on Friday the agency asked the court for more time.

Mr Biden’s antitrust experts argue that Facebook, Google, and Amazon have monopoly power and have used their dominant positions in social media, search, and online retail to crush competitors, leaving consumers with fewer options, even if they haven’t leads to higher costs.

Businesses and some economists disagree. Facebook cites TikTok, Snap, and Twitter as examples of competitors, and Amazon argues that it makes only 5 percent of all retail sales in the United States, despite an eMarketer study showing 40 percent of all online retail sales are made on its platform.

The President and his staff have seen his adoption of a “trustbuster” mentality as a critical step in realigning the economy to not only lower prices, but also to encourage more competition and create high-paying jobs.

“I always thought the free market system wasn’t just competition between companies, but guess what: companies should have to compete for workers,” Biden told a CNN audience in Ohio on Wednesday, promoting his executive order. “Guess what – maybe they’ll pay more money.”

White House officials argue that putting stubborn regulators in positions of power can enable them to thrive in antitrust efforts in a way that President Donald J. Trump did, who also made an executive order on competition and talked about technology – and not to dissolve hospital mergers.

“We’re confident,” said Diana Moss, president of the American Antitrust Institute and advocate of stronger competition enforcement. “But when the rubber hits the streets, they have to juggle an aggressive agenda with the reality of the courts, Congress and outside pressure.”

Updated

July 23, 2021 at 5:42 p.m. ET

Some economists are warning that the staff Mr Biden appointed could go beyond efforts to break the focus that is really stifling competition and hurting consumers and getting into industries like restaurants or grocery stores. The entry of national players into local markets has in many cases opened up more opportunities for customers and created more jobs.

“I’m most concerned about rhetoric,” said Chang-Tai Hsieh, an economist at the University of Chicago whose research has shown that some corporate concentration in recent years has led to innovation that drives the economy. “You look at what you see in tech – and tech is different. And they extrapolate from the tech industry to all other industries. “

Corporate America is already fighting Mr. Biden’s efforts. Google, Facebook and Amazon have filled their legal teams with antitrust experts and have hired seasoned government antitrust officials in recent years. Facebook and Amazon have filed for Ms. Khan’s dismissal on antitrust matters related to their businesses. They say Ms. Khan, who worked on a House of Representatives antitrust investigation into digital platforms, comes with prejudice about her companies. Critics of Mr. Kanter, a private antitrust attorney, cite his previous representation for Microsoft and News Corp as a conflict of interest while the Justice Department leads its legal battle against Google.

Mr Biden’s moves reflect the growing influence of a movement to curb corporate power that has spread from progressive scholars and liberal leaders like Massachusetts Senator Elizabeth Warren to some of the most conservative Republicans in Congress.

Thomas Philippon, an economist at New York University, concluded in 2019 that increasing market concentration had damaged the US economy and cost the typical US $ 5,000 a year. Administrative officials repeatedly cite these statistics in support of Mr Biden’s recent order.

Tackling market concentration and promoting competition “can change the lives of millions of people in this country tremendously,” Bharat Ramamurti, associate director of Mr. Biden’s National Economic Council and former employee of Ms. Warren, said in an interview.

Mr. Ramamurti cited potential benefits not only from company dissolution, but also from giving consumers more and cheaper checking account options, selling hearing aids without a prescription, and limiting the company’s restrictions on whether employees can work for a competitor.

The approach is in stark contrast to the views of regulators during the Obama administration when Mr. Biden was vice president.

The number of hospitals that have merged has quadrupled during President Barack Obama’s first term, leaving millions of patients with fewer choices and higher health care prices.

In 2011, regulators cleared Comcast’s merger with NBCUniversal – the merger of a powerful cable and internet company with a media giant – on terms that the company’s own executive vice president, David Cohen, dismissed as not “particularly restrictive.”

Only one in three Democrats at the Federal Communications Commission turned down the deal, and Christine Varney, director of the Justice Department’s antitrust division, said the deal would “bring new and innovative products to market and give consumers more program choice.”

In 2016, Tom Vilsack, Mr Obama’s Secretary of Agriculture who has taken that role back for Mr Biden, downplayed the harms of agricultural mergers.

“I don’t think that just because some of the key players may merge or are considering some other type of arrangement, I don’t think farmers absolutely guarantee that farmers will have less choice in the long run,” Vilsack said in an interview with USA Today.

Mr Biden has directed federal regulators to consider a tougher line against corporate consolidation in hospitals, health insurance, meat processing and technology, which could include reviewing previous mergers that have been approved.

And its antitrust authorities are trying to reverse mergers that were approved during the Obama years. The Federal Trade Commission’s recent lawsuit to liquidate Facebook focuses on the company’s 2012 purchases from Instagram and WhatsApp in 2014. The agency did not block the mergers because it did not see enough evidence of harm to consumers and competition.

These decisions have come back to keep the FTC prosecuted. The federal judge, who dropped his Facebook complaint in June, questioned the U-turn and why the commission had waited so long to try to resolve these deals.

The courts have become more and more conservative in cartel cases and are more firmly convinced that higher prices are the strongest sign of competition violations.

Administration officials acknowledge this challenge and say they are reviewing the antitrust views of potential justice candidates in hopes of moving the courts to a more benevolent view of the government’s efforts to block mergers and dissolve monopolies.

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World News

Extra earnings, April’s huge jobs report and inflation worries might swing markets within the week forward

Traders on the floor of the New York Stock Exchange.

Source: NYSE

April’s job report and a flurry of earnings news make for another busy week for the markets as the calendar rolls into May.

Stocks saw solid gains in April as REITs, consumer staples and communications services outperformed the broader market by more than 7%. April ended sourly, however, and stocks sold on Friday.

“There has been a 30% rally since November,” said Jimmy Chang, chief investment officer at Rockefeller Global Family Office. He noted that November-April is historically the strongest for stocks. “There is a saying, ‘Sale in May, go away.’ It may be a little appropriate this year as we’ve done so well over the past six months. “

Report on great jobs

The April employment report is due to be released on Friday and the market is expecting a large number.

Economists say the workforce could easily reach 1 million in April after 916,000 new jobs were created in March. Estimates range from about 700,000 to a forecast of 2.1 million by Jefferies economists.

According to the Dow Jones, there is a consensus forecast of 978,000 among economists surveyed and the unemployment rate is expected to fall from 6% to 5.8%.

Federal Reserve spokesmen will also be important after Fed chairman Jerome Powell said last week that the central bank is still looking for “significant further progress” on its economic goals.

The chairman stressed that the Fed is not close to scaling back its bond-buying program, which has surprised some investors. Some professionals in the bond market had expected the Fed to begin discussing cut buying at its June meeting and reducing the monthly bond purchase of $ 120 billion by the end of the year or early next year.

“Next week is all about the number of jobs because as part of the Fed’s path to ‘significant progress’ in both of its roles, we’ll see how far along they are next Friday,” said Peter Boockvar, chief investment Officer at Bleakley Advisory Group. The Fed’s mandate is to seek full employment and a steady rate of inflation, targeting 2%.

The Fed was expecting a temporary spell of high inflation that is expected to ease over the course of the year, although Boockvar and others say inflation could be hotter than the central bank expects. The core price index for personal consumption expenditure rose 0.36% in March, with the rate rising from 1.4% in the previous year to 1.8%. It is expected to rise even further in April. Headline inflation in the consumer price index is expected to start at 3% or better when reported on May 12th.

Just days after Powell’s comments on the rejuvenation, Rob Kaplan, president of the US Federal Reserve in Dallas, said Friday the Fed should begin discussions on reducing bond purchases as imbalances in financial markets and the economy are moving faster than expected improve.

The market’s focus on the Fed’s bond program makes the job report even more important. If the central bank begins to scale back these asset purchases, it would signal that it is on track to hike rates. Most economists don’t expect the Fed to hike rates before 2023.

“If that job count is very high, people will make their assessment of when the Fed might rejuvenate,” said Michael Schumacher, director of interest rates at Wells Fargo.

Powell will be among the Fed speakers for the coming week, but he is not expected to take any new views if he attends a National Community Reinvestment Coalition conference on Monday afternoon. Kaplan speaks Tuesday and Thursday, and New York Fed President John Williams and Cleveland Fed President Loretta Mester are also among the central bank officials speaking for the week ahead.

The result increases

So far, 87% of the S&P 500 companies have beat earnings estimates, and earnings appear to be growing by more than 46%, according to Refinitiv.

Jonathan Golub, Credit Suisse’s chief strategist in the US, raised his forecast for the S&P 500 on Friday on the back of strong gains. “We are increasing our target price for 2021 S&P 500 from 4,300 to 4,600, an increase of 9.2% from current levels and 22.5% for the year,” he wrote.

The result is expected by a diverse group of companies, from General Motors to ViacomCBS. Pharma will be in the spotlight, as Covid vaccine makers Pfizer and Moderna report. Draftkings and Beyond Meat are also on the program.

A variety of travel-related companies publish results including Booking Holdings, Hilton Worldwide, Marriott Vacations, and Caesars Entertainment. Consumer brands such as Anheuser Busch Inbev and Estee Lauder report, as do insurers such as AIG, Allstate and MetLife. (A calendar with some key earnings dates is shown below.)

Chang said the market has already discounted a lot of positive news.

“Despite the really strong reports from the Bellwether companies, you are seeing some of the names wear off a bit,” said Chang. “I think it’s a sign that so much good news is being discounted. I suspect the market needs to take a breather. I think in the next few months we will likely see a sideways movement. There will likely be a pullback, which will lead to it. ” be healthy.”

The S&P 500 was up 5.2% in April, closing at 4,181 on Friday. It’s now up 11.2% for the year to date. The Dow rose 2.7% to 33,874 in April and the Nasdaq rose 5.4% in April, ending at 13,962 on Friday.

Chang said he expected some of the “boring” blue chips that didn’t compete in the rally that often do better. Some of these names can be found in the pharmaceutical industry, he said.

Next week, investors will be looking for words from Warren Buffett at Berkshire Hathaway’s annual meeting on Saturday.

Calendar for the week ahead

Monday

Monthly vehicle sales

Merits: Avis Budget, Loews, Alexion Pharmaceuticals, Rambus, Leggett and Platt, Vornado, American Water, Iamgold, Mosaik, Apollo Global Management, ZoomInfo, Estee Lauder, ON Semiconductor

9:45 am Manufacturing PMI

10:00 am ISM production

10:00 a.m. building expenses

2:00 p.m. Senior Loan Officer survey

2:10 p.m. John Williams, President of the New York Fed

2:20 p.m. Fed Chairman Jerome Powell at the National Community Reinvestment Coalition conference

Tuesday

Merits: Pfizer, CVS Health, ConocoPhillips, Martin Marietta Materials, Activision Blizzard, DuPont, KKR, T-Mobile, Akamai, Natural Resource Pioneer, Lattice Semiconductors, Denny’s, Hyatt Hotels, Host Hotels, PerkinElmer, Prudential Financial, Viavi, Caesars Entertainment, Thomson Reuters, Cummins, Vulcan Materials

8:30 a.m. international trade

10:00 a.m. factory orders

1:00 p.m. Robert Kaplan, President of the Dallas Fed

1:00 p.m. Neel Kashkari, President of the Minneapolis Fed

Wednesday

Merits: General Motors, Hilton Worldwide, Booking Holdings, Fox Corp., Uber Technologies, Etsy, PayPal, Allstate, Award, Cognizant Technology, MetLife, Marriott Vacations, CF Industries, Marathonöl, CyberArk Software, Emerson Electric, Amerisourcebergen, BorgWarner, Zynga, Tangier Factory Outlet, Twilio

8:15 am ADP employment

9:30 a.m. Charles Evans, President of the Chicago Fed

9:45 a.m. Services PMI

10:00 am ISM services

11:00 am Eric Fedgren, President of the Boston Fed

12:00 p.m. Loretta Mester, President of the Cleveland Fed

3:00 p.m. Evans at the Chicago Fed

Thursday

Merits: Regeneron, ViacomCBS, Kellogg, Moderna, Murphy Oil, Beyond Meat, Shake Shack, Square, Roku, Axon, Cushman and Wakefield, Tapestry, Neilsen, AIG, Anheuser-Busch, EOG Resources, Consolidated Edison, DropBox, Expedia, Roku , Peloton Interactive, Datadog, Cardinal Health, Ambac Financial

8:30 am Initial jobless claims

8:30 a.m. Productivity and Costs

9:00 a.m. John Williams of the New York Fed

10:00 a.m. Dallas Fed Chaplain

1:00 p.m. Loretta Mester, President of the Cleveland Fed

1:00 p.m. Raphael Bostic, Atlanta Fed President

Friday

Merits: Cigna, Siemens, Gannett, AMC Networks, Draftkings, Liberty Broadband and Elanco Animal Health

8:30 a.m. employment

10:00 a.m. wholesale

3 p.m. consumer credit

Categories
Politics

Professional-Biden Group to Start Advert Marketing campaign Selling His Agenda in Swing States

WASHINGTON – A new group dedicated to promoting President Biden’s ambitious agenda is launching a multi-million dollar advertising campaign that trumpets his Covid recovery package and infrastructure proposal, while contrasting Mr Biden’s low-key style with that of his bombastic predecessor.

Building Back Together, a progressive organization run by Biden allies, will be broadcasting minute-long television commercials next week in Pennsylvania, Nevada, Georgia and Wisconsin highlighting the president’s response to the coronavirus and sweeping economic plans. The group plans to spend more than $ 3 million for a month, including a shorter advertisement that will appear on digital platforms in the same four states and North Carolina.

Both of these points differentiate Mr Biden’s approach from that of former President Donald J. Trump.

“You won’t hear him yelling or angry tweets because the actions speak louder for Joe Biden,” says a narrator in the TV commercial.

The shorter digital advertisement concludes: “No drama, just results.”

The strategy shows how determined the Democrats are to continue to fight Mr. Trump effectively. He may not be in the White House or be allowed to send angry or abusive tweets, but his approval ratings have dropped even further since he left the presidency and he remains the best slide for Mr Biden, who has been unusually restrained for a new president.

Meanwhile, Mr. Biden draws solid, if not spectacular, early signs, a reflection of the country’s deep polarization.

As he turns to an extensive and expensive menu of domestic proposals aimed at stimulating the economy, fighting poverty and tackling climate change, his supporters hope to retain the electorate support that helped him partly win last year have by reminding them of Mr. Biden’s predecessor.

“The message is simple: chaos is over, competence is in, and help is there for Americans,” said Stephanie Cutter, a Building Back Together advisor who is close to Mr. Biden and senior officials from the West Wing.

The group, which was first reported in February, airs in select and costly markets: Las Vegas, Atlanta, Philadelphia, and Milwaukee; and Scranton, Pennsylvania, Mr. Biden’s childhood home. The group has done some research because it has stated that it will not disclose the identity of its donors.

The ads aim to convince people of color, upscale white suburbanites, and the smaller group of working class whites who have switched from supporting Mr. Trump in 2016 to supporting Mr. Biden in 2020 from independent or even Republican-minded voters who supported Mr Biden but may have voted for GOP candidates below.

The goal for this and future ad blitzes, officials say, is to try to cement the president’s new coalition by reminding them of what they may not have liked about Mr. Trump and by following the agenda of Put Mr. Biden up. They hope that by mixing television and digital, they will reach voters across platforms and throughout the day.

Georgia, Nevada, Pennsylvania, and Wisconsin are not only major battlegrounds for the president, but they also have some of the most significant races for next year’s Senate and governor seats.

These new efforts, mainly aimed at promoting Mr. Biden, could also help Democratic candidates in those states whose medium-term fortunes depend in large part on the president’s popularity. Many in the party, including Mr Biden himself earlier this year, have said that former President Barack Obama did not do enough to highlight his early agenda and paid a price for it in the 2010 midterm elections.

This is the group’s first advertising campaign, but the organization intends to be the main external group for Mr Biden at least until next year’s mid-term election. The name comes from the president’s campaign slogan, which has become an abbreviation for his post-Covid economic proposals.

Categories
Politics

Feinstein’s Future May Swing on Husband’s Potential Posting Abroad

According to White House staff, Mr. Biden is open to appointing Mr. Blum as an ambassador who is among the most desirable positions in any administration. After prioritizing the appointments of their West Wing and Cabinet staff, the President and his top advisors have only recently considered who to send overseas.

A potential ambassador, speaking on a sensitive subject on condition of anonymity, said Mr Biden himself wanted to think about the list of potential candidates and did not feel rushed.

There is, however, an increasing impatience among potential envoys. Former Senators, including some who have served in the Senate with Mr. Biden, are trying particularly hard to clarify and have noted how few in their ranks have joined the administration, according to a prominent Democrat who spoke to them .

The President, himself a former chairman of the Senate Foreign Relations Committee, is attempting a delicate balancing act: He rewards loyal donors and former colleagues without flooding the diplomatic corps with political representatives, as some of his staff do for former President Donald J. Trump had held.

Former senators who could be named ambassadors include Jeff Flake, the Arizona Republican who supported Mr. Biden; Joe Donnelly from Indiana; Heidi Heitkamp from North Dakota; Ken Salazar from Colorado; and Christopher J. Dodd of Connecticut.

It’s not just former members of Congress looking for positions. A handful of current lawmakers are still hoping to join the government but are waiting based on Mr Biden’s own deliberations and the narrow Democratic majority. For example, Nevada representative Dina Titus, an early Biden supporter, is hoping for a message, but currently there are three Democratic posts in the House where the party has a slim majority.

However, Mr Blum’s wish for a message could prove to be a consequence. California Governor Gavin Newsom promised in an interview with MSNBC’s Joy Reid Monday night that he would appoint a black woman to replace Ms. Feinstein. He admitted that he had “multiple names in mind” for a vacancy that didn’t exist.

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Entertainment

Shakespeare, Swing and Louis Armstrong. So What Went Mistaken?

“It’s almost like some kind of crime thriller,” said Kwame Kwei-Armah with apparent pleasure. “The piece was butchered by the press and somehow the body disappeared.”

The case referred to by the Artistic Director of London’s Young Vic Theater is a Broadway show called “Swingin ‘the Dream”. This “musical variation of Shakespeare’s” A Midsummer Night’s Dream “, as it was billed, was set in Louisiana in 1890 and ran on Broadway for only 13 performances at the end of 1939 and was then sunk without a trace. The script itself is lost, except for a few pages from the Pyramus and Thisbe sections.

So one has to wonder why prominent institutions – the Royal Shakespeare Company and the Young Vic in the UK and the New York Theater for New Audiences – would band together to reconsider a footnote on a long-term project that begins Jan. 9 a livestream concert of popular jazz tunes that included the score.

Once you start digging, however, you have to wonder how not to be drawn to “Swingin ‘the Dream” which is at the center of an intricate network of racial and cultural influences.

Let’s start with an integrated cast of about 110 – you read that right – that had Louis Armstrong as the bottom; Butterfly McQueen and Oscar Polk, fresh from the set “Gone with the Wind”, as puck and flute; the comedian Moms Mabley as a quince; the singer Maxine Sullivan as Titania; and future Oscar nominee Dorothy Dandridge as an elf. The Benny Goodman Sextet and Bud Freeman’s Summa Cum Laude Orchestra completed the pit musicians. (According to Ricky Riccardi’s most recent book, Heart Full of Rhythm, Armstrong and Goodman argued over who would get the highest bill and ended up sharing it equally.)

And there was more: Agnes de Mille took care of the choreography; The sets were inspired by Walt Disney cartoons. and the score burst with popular jazz melodies as well as new ones like “Darn That Dream” by Jimmy Van Heusen and Eddie de Lange.

However, this abundance of talent did not guarantee success. The reviews were mixed at best and didn’t help fill the 3,500 seats at the Center Theater – even with the top ticket price dropped to $ 2.

The show was quickly forgotten, although “Darn That Dream” has become a concert favorite, sung by Billie Holiday and Nancy Wilson, among others.

It will be part of the concert, which includes a cast of RSC ensemble members and jazz performer Zara McFarlane.

“‘Darn that Dream’ is a really important jazz standard that I play and with which I accompany people. It was really surprising not to know its roots in a very important production that they put so much money into”, said Peter Edwards, the concert’s music director, who didn’t hear about “Swingin ‘the Dream” when the RSC contacted him.

The project was launched long before the pandemic and the directors of the three theaters are unsure of what it will be like this weekend after the concert. However, a complete remount of the show sounds less likely than a forensic dive – think “CSI: Times Square”. The George C. Wolfe meta show “Shuffle Along or Making of the Musical Sensation from 1921 and All That Followed,” which had a short but acclaimed Broadway run in 2016, could provide a possible direction.

“I just want to know what happened, why this cast crashes, and then why the show seems to go so completely,” said Gregory Doran, artistic director of the Royal Shakespeare Company.

At the time, black newspapers were among those shared on the show. An article in The Pittsburgh Courier praised a “powerful blend of music, serenity, and gentle reflection”; Another pointed out the many employment opportunities for black artists.

The New York Amsterdam News, on the other hand, wondered if promoting a below-average effort would only delay the day when Negro actors and Negro art are recognized without ridicule and burlesque.

“The critics tell us that it didn’t hold together, that the mash-up didn’t work,” said Kwei-Armah. “I’m interested in why it didn’t work. Just because they said it didn’t work doesn’t mean it didn’t! “

The locomotive that pulled the train and its many, many cars was Erik Charell, a gay, Jewish director and producer of revues who had relocated to the United States after fleeing Nazi Germany and was a fascinating character himself. His Broadway directorial debut in 1936 was an adaptation of his successful Berlin operetta “White Horse Inn” with 145 actors – no wonder that he was nicknamed “Ziegfeld of the German musical comedy stage”.

Charell may have wanted to capitalize on the success of “The Swing Mikado” (1938) and “The Hot Mikado” (1939), two jazz-flavored adaptations of the operettas Gilbert and Sullivan, but he wasn’t quite ready for the delicate subjects and challenges that came through an integrated show in America before World War II.

“Obviously he’s the man of the moment, he has the Midas touch,” said Doran of Charell. “But is what he’s doing an exploitation of that talent or a visionary mindset?”

Because, as a preview in The New York Times put it, Charell was “a stranger to our mother tongue,” and co-wrote the American critic Gilbert Seldes, an early advocate of popular culture.

For Jeffrey Horowitz, the founding artist of Theater for New Audiences, it was a big missed opportunity not to bring in a black co-writer. “There isn’t a person on this writing team who knows anything about African American culture and jazz,” he said. “You could have had Langston Hughes, you could have had Zora Neale Hurston. I don’t think they thought of that. “

The racial and artistic dynamics in “Swingin ‘the Dream” provides valuable insight into the everyday misunderstandings and problems that shaped American culture in the early 20th century. For example, the white cast played the aristocrats and lovers, while the black cast handled the fairies and mechanics – comic entertainers, not romantic leads.

Another fascinating juxtaposition took place with dancing, as de Mille’s choreography was complemented by jitterbugs developed by the ballroom of the King of Harlem, Herbert White, who brought his troupe with him.

Most of the reviews complained that there was too much Shakespeare and too little swing, with Armstrong being wasted in a role where he didn’t have to blow his horn. The producers desperately tried to adapt, eventually giving their star more time on the trumpet. Unfortunately nothing worked and “Swingin ‘the Dream” was closed.

Now all that remains is a seductive riddle, the making-of story of which has become more compelling than the final product.

“Even if the script came up tomorrow, we wouldn’t be interested,” said Horowitz. “It’s really about something else – it’s about race and context and who’s telling whose story.”