After a Showdown, Juilliard’s Chairman Continues Board Support

Charismatic former New York Ballet star Damian Woetzel named President of the prestigious Juilliard School in 2017, powerful head of the school, Bruce Kovnerpraised the “extraordinary mix” of intellectual and artistic qualities. But earlier this year, Kovner told Woetzel that an internal review found a lack of confidence in his leadership, asking him to step …

On ‘SNL’, Chairman Biden Asks TikTok Influencers for Help

reported This week in The Washington Post The Biden administration has been meeting with popular video creators from the social network TikTok and informing them about the war in Ukraine, an unconventional move that could help in the White House’s information war…or ruthlessly mocking. And “Saturday Night Live” was happy to help with that latter …

Omicron Inflation Increases Uncertainty, Fed Chairman To Tell Lawmakers

Federal Reserve Chairman Jerome H. Powell will tell lawmakers on Tuesday that inflation will likely continue into next year and that the new Omicron variant of the coronavirus is creating more uncertainty around the economic outlook than a copy of his prepared remarks. . Mr. Powell’s words, which will testify before the Senate Banking Committee …

Biden to Keep Jerome Powell as Chairman of the Federal Reserve

President Biden will re-nominate Jerome H. Powell. Federal Reserve ensuring policy continuity in a time of rapid inflation and great economic uncertainty, but potentially angering progressive Democrats agitating for a change in leadership. The highly anticipated decision was a return to the tradition of the central bank’s senior official. He was reappointed regardless of his …

Teamsters Vote for Hoffa Critic Sean O’Brien as Chairman

Sean O’Brien was a rising star on the International Fellowship of Teamsters in 2017 when the union’s longtime president, James P. Hoffa, effectively pushed him aside. But the move appears to have set fourth-generation Teamster and Boston local president Mr. O’Brien on a path to replace Mr. Hoffa as union president and one of the …

Fed Chairman Under Fire for Market Transactions Will Retire Early

A Federal Reserve Bank chief, who was recently criticized for his securities trading last year when the central bank was active in rescuing financial markets from the pandemic crisis, said he will retire nine months ahead of schedule. In a press release, Boston Federal Reserve Bank chairman Eric S. Rosengren said he will retire on …

New York City Ballet Confers Chairman of the Board to Diana Taylor

The New York City Ballet voted to elect Diana L. Taylor, financial leader and partner of former New York City Mayor Michael R. Bloomberg, as new president, appointing a new leader to guide the company in its long-awaited reopening. board, the company announced on Wednesday. Ms. Taylor will be the first woman to hold the …

CDC Chairman Says Unvaccinated Should Avoid Labor Day Travel

The CDC director said unvaccinated people should avoid traveling during the Labor Day holiday. As Covid hospitalizations reach an average of 100,000 per day for the first time Since the surge last winter, Rochelle P. Walensky, director of the Centers for Disease Control and Prevention, identified vaccination and masking as key factors in preventing the …

Nikola Chairman Trevor Milton Resigns Amid Fraud Allegations

The new president, Mr. Girsky, played a critical role in bringing Nikola to prominence. After leaving the GM board of directors in 2016, he founded an investment company called VectoIQ to provide strategic and financial assistance to automotive technology start-ups. He also formed a special purpose buyout company, or SPAC, with nothing but cash and …

Fed Chairman Powell: Inflation Likely to Be High in Coming Months

Fed officials are debating when and how to slow their purchases of $120 billion in government-backed monthly bonds, which will be the first step in moving policy away from the emergency. Powell said these discussions will continue at “coming meetings”. Daily Business Briefing Updated July 14, 2021 at 1:29 PM ET The central bank also …