Posts by Amelia Frost
Hollywood Foreign Press Association Sues Over Takeover of Golden Globes
The Hollywood Foreign Press Association, a group of freelance journalists that for years owned and operated the annual Golden Globe Awards, has sued the show’s new owner over what it says was an unlawful takeover. The lawsuit, filed Tuesday in U.S. District Court for the Central District of California, claims that Penske Media fraudulently acquired…
Read MoreAmerica’s Emergency Oil Reserve Keeps Falling To Decade Lows. Auditors Warn It May Not Be Ready For Another Crisis
The U.S. Strategic Petroleum Reserve, the nation’s emergency crude oil stockpile, is facing growing operational challenges after years of large-scale emergency releases placed significant stress on aging infrastructure, according to a recent federal audit. The reserve fell this week to its lowest level since March 1983. The federal government has withdrawn a total of 352…
Read MoreGibson Dunn Hires Rival Wachtell Lipton’s Co-Chair
In the latest skirmish in the fight for legal talent, the law firm Gibson Dunn said it had hired one of the co-chairs of rival Wachtell, Lipton, Rosen & Katz, as well as five other partners in its litigation department. Gibson Dunn’s hiring of William Savitt, who has served as Wachtell’s co-chair since 2023, highlights…
Read MoreSamsung’s Newest Foldable Could Help Decide If The iPhone Ultra Sinks Or Swims
Samsung marked a new beginning with the launch of its new foldables in London last week. Seven years and eight generations later, the Samsung Galaxy Z lineup is getting a new style of foldable that’s more pocketable and handy, although at a steep cost. In addition to the two regular foldables every year, Samsung is…
Read MoreThese Shapewear Shorts Are My Secret for Thigh Chafing
If you’ve ever skipped a dress because of thigh chafing or wished for a little extra compression, the best shapewear shorts can make all the difference. They’re just as useful under a clingy wedding-guest dress as they are beneath a short skirt, preventing skin-on-skin friction on hot days while offering firm sculpting or comfortable, lightweight…
Read MoreStocks Keep Climbing Despite Global Turmoil. Here’s Why Markets Aren’t Reacting the Way Many Expected
Wall Street has continued to hover near record highs despite a backdrop of severe tumult in the world, leaving many investors wondering why financial markets appear so resilient while the global economy faces mounting challenges. According to a Moody’s analysis highlighted by Axios, markets have largely adapted to a new economic era, with investors shifting…
Read MoreA Son of Wealth Finds His Calling in a High-End Grocery Store
On a rainy March morning, 25 folding chairs were set out on the floor of Meadow Lane, a gourmet market in Lower Manhattan that is normally brimming with influencers, Tribeca moms and finance bros picking up lunch. Today the place belonged to McKinsey & Company. The consultants are the ones who had requested the meeting.…
Read More‘Destined to Fail’: Mayor Mamdani Facing Fury Over £55M Taxpayer-Funded Supermarket Project
New York City Mayor Zohran Mamdani is facing mounting criticism over his £55 million taxpayer-funded supermarket initiative, after officials confirmed this week that the planned city-owned grocery stores may lack key features such as butchers and hot food counters, prompting fresh criticism from opponents, who argue the project may struggle to meet its stated goals.…
Read MoreWashington Wants To Limit Chinese AI Models. One Of Them Helped Contain OpenAI’s Cyber Incident.
The debate in Washington over Chinese artificial intelligence models has largely centered on national security, intellectual property, and technological competition. This week, it gained an unexpected new data point. A Chinese-developed model was used to help investigate and contain one of the most closely watched cybersecurity incidents in the AI industry this year. Hugging Face,…
Read MoreF.D.A. Panel’s Vote on Peptides Raises Concerns About a Prescribing Boom
A Food and Drug Administration advisory panel recommended broader use of six unproven peptides, raising concerns that wellness and telehealth companies could adopt a once-obscure pathway to bring unapproved drugs to the commercial market. The votes directed the F.D.A. to add some peptides to the list of substances that specialized, so-called compounding pharmacies can make…
Read MoreEli Lilly Cleared Two More Trials For Its Next-Generation Obesity Drug. It Will Seek FDA Approval Next Year
Eli Lilly said Thursday it plans to seek regulatory approval in the first quarter of 2027 for its experimental obesity drug retatrutide after the treatment cleared two additional late-stage clinical trials. The company detailed that one of the new studies evaluated adults with severe obesity and established cardiovascular disease who did not have diabetes. After…
Read MoreU.S. Withdraws Subpoenas Issued to New York Times Journalists
The Justice Department on Thursday withdrew the subpoenas that sought phone records and grand jury testimony from New York Times journalists who had reported on the security capabilities of President Trump’s new Qatari-donated Air Force One jet. The government acted after a federal judge grilled Justice Department lawyers for nearly an hour over their handling…
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