Top GOP senators reject Trump’s declassification comments
• Analysis: Two developments appear to widen Trump’s potential legal exposure
• Opinion: Trump’s day went from bad to worse
• Analysis: Something you shouldn’t miss in the NY lawsuit against Trump …read more
https://www.cnn.com/2022/09/22/politics/republican-reaction-trump-secret-records/index.html
Spain plans temporary wealth tax amid high inflation
A government plan calls for a tax on Spain’s “big fortunes” would help offset inflation relief measures to assist low and middle-income Spaniards. …read more
CNN viewers melting down over Jake Tapper’s primetime promotion
“Tapper is trying to survive. He’s kowtowing to his bosses,” said a media insider …read more
https://nypost.com/2022/09/22/viewers-rip-cnn-for-moving-pandering-jake-tapper-to-primetime/
Review: Don’t look for a meaningful portrayal of Black life in messy, derivative drama ‘On the Come Up’
Sanaa Lathan’s directorial debut is a simplistic and familiar adaptation of Angie Thomas’ lackluster novel.
A Texas BBQ king reallocated tips from servers to managers. The chain repaid over $230,000.
A federal investigation into the the Texas food chain found that it violated the law by tip sharing – reallocating tips from servers to managers.
Q1 performance data shows maturing VC fund vintages aren’t doomed
It can be hard to tell how venture capital firms are doing. Sometimes it’s easier after a big exit, like Figma’s last week, which gave us a window into the sizable returns some of its early backers, including Index Ventures and Greylock, could capitalize on. But VC firms are usually an opaque bunch when it comes to performance.
So when the market started to sour in Q1, it was obvious we wouldn’t know how things were actually faring until the data started trickling in from their limited partners, or LPs, who, if public, generally have to make much of that information public as well. Meeting documents from pension funds are starting to give us a first look at recent venture capital outcomes.
The folks over at Sacramento County Employees’ Retirement System (SCERS) released their Q1 performance data this week. We decided to unpack the numbers and use their stakes as a potential sign of how other funds from the same vintage — referring to the year they started deploying capital — might be faring.
The main thing to highlight, if your firm’s fund is reaching maturity, is that the inflated valuations and exit prices of last year don’t seem to have materialized into the kiss of death that many were expecting when sinking tech stocks started to impact venture in the first quarter. Not yet, at least.
Q1 performance data shows maturing VC fund vintages aren’t doomed by Rebecca Szkutak originally published on TechCrunch
https://techcrunch.com/2022/09/22/q1-performance-data-shows-maturing-vc-fund-vintages-arent-doomed/
This hot new video game is like ‘Guitar Hero’ but with trombones
If you liked “Guitar Hero” but wished it had more brass instruments, you’re in luck. …read more
https://www.cnn.com/2022/09/22/tech/trombone-champ/index.html
Review: Korean Modern art gets its long-overdue spotlight at LACMA
“The Space Between: The Modern in Korean Art” is the first major museum survey to examine art produced during a huge cultural transformation in Korea.
https://www.latimes.com/entertainment-arts/story/2022-09-22/modern-korean-art-lacma
Atlantic Canada braces for Fiona: ‘It’s going to hit us in the face.’
OTTAWA, Ont. — The hurricane that left 3.2 million people without power in Puerto Rico“,”link”:{“target”:”NEW”,”attributes”:[],”url”:”https://www.politico.com/news/2022/09/21/biden-declares-major-disaster-in-puerto-rico-to-energize-fiona-recovery-00058139″,”_id”:”00000183-67fc-d3fd-a99b-77fd15800000″,”_type”:”33ac701a-72c1-316a-a3a5-13918cf384df”},”_id”:”00000183-67fc-d3fd-a99b-77fd15800001″,”_type”:”02ec1f82-5e56-3b8c-af6e-6fc7c8772266″}’>3.2 million people without power in Puerto Rico is expected to strike Atlantic Canada hard this weekend.
“This storm is going to hit us, folks,” Halifax Mayor Mike Savage said Thursday. “It’s going to hit us in the face.”
Hurricane Fiona is expected to run into a trough of eastward-moving low pressure, whisking together to make an “extremely strong and dangerous storm” for eastern Canada, said Canadian Hurricane Centre meteorologist Bob Robichaud.
Fiona is expected to be a post-tropical storm by the time it reaches the region by Saturday. “That does not mean a weaker storm,” Robichuad warned. “That just means that the structure of the storm is different than a pure tropical system.”
Modeling suggests Fiona will make landfall in Nova Scotia, touching eastern parts of the province, including Cape Breton, before moving into the Gulf of St. Lawrence.
“We are very concerned about what Fiona is going to do in Atlantic Canada,” said Jonathan Porter, chief meteorologist for AccuWeather. “This is going to be a ferocious storm across Atlantic Canada.”
Preparations have been underway for days. Residents in the region have been told to expect fierce winds, downed trees and power outages.
Nova Scotia Power said it will activate its emergency operations centre“,”link”:{“target”:”NEW”,”attributes”:[],”url”:”https://nspower-stage-ca.aws.silvertech.net/about-us/press-releases/2022/09/21/prepared-for-hurricane-fiona-nova-scotia-power-to-activate-emergency-operations-centre”,”_id”:”00000183-67fc-d3fd-a99b-77fd15800002″,”_type”:”33ac701a-72c1-316a-a3a5-13918cf384df”},”_id”:”00000183-67fc-d3fd-a99b-77fd15800003″,”_type”:”02ec1f82-5e56-3b8c-af6e-6fc7c8772266″}’>emergency operations centre Friday morning in anticipation of the province’s first hurricane of the season.
“We are taking every precaution and will be ready to respond to Hurricane Fiona as safely and efficiently as possible,” said Sean Borden, the electric utility’s storm lead.
Provincial officials have advised residents to be ready with a three-day emergency supply of water, food, clothing, first aid supplies, batteries, flashlights and blankets all packed in a bag or container, ready to go if there’s an evacuation order.
John Lohr, a provincial minister responsible for emergency management in Nova Scotia, said Public Safety Minister Bill Blair has preemptively offered all available federal support.
“We’ve been in contact and discussions with the military, to give them a heads-up,” Lohr said. The government is looking to prepare an application for federal disaster financial assistance after the storm if necessary, he said, “It would likely be.”
Blair’s office said the minister has been in contact with the five provinces that could be impacted by Fiona — and encouraged people to follow guidance for local authorities.
“As Hurricane Fiona travels north, we are following the projected path closely for any potential impacts in Atlantic Canada and Eastern Quebec,” Blair’s spokesperson, Annie Cullinan, told POLITICO in an email. “As always, the Government of Canada stands ready to support should federal assistance be required.”
The National Hurricane Center warned Thursday morning that conditions would deteriorate in Bermuda as Fiona nears the country and that Atlantic Canada should monitor the storm.
Erdem Karaca, head of catastrophe perils, Americas, for reinsurance company Swiss Re, said Fiona could be one of the worst storms to hit that part of Canada …read more
Mar-a-Lago special master orders Trump team to back up any claims of FBI ‘planting’ evidence
The special master overseeing the Mar-a-Lago documents investigation has ordered former President Donald Trump’s lawyers to back up out-of-court assertions that the FBI may have planted evidence at the property during their search last month. …read more