Pimco Pulled Futures-clearing Business From State Street

In 2021, troubled by a law change in Georgia that could restrict voting access, business leaders Ken Chenault and Ken Frazier partnered to gather the support of U. S. executives to take a stand. They secured more than 700 signatures for their statement opposing “discriminatory legislation.” But the pair told the audience at the TIME100 Summit on Wednesday that today’s political and social climate would make such an effort more difficult to achieve in 2024. [time-brightcove not-tgx=”true”] “I think it would be much harder to get CEOs to take a stand on those issues or many other issues,” said Frazier, the chairman of health assurance Initiatives at General Catalyst, and former CEO at pharmaceutical company Merck—which, as a premiere partner for the TIME100 franchise, was a sponsor of the event—during a panel discussion alongside Chenault.

Two iconic female athletes—Ibtihaj Muhammad and A’ja Wilson—called for more U. S. investment in women’s sports at the TIME100 Summit on Wednesday. “I would love to see these big companies…invest in women and invest in the game,” Muhammad said. Muhammad is an Olympic medalist in fencing, activist and author and Wilson is an Olympic gold medalist in basketball and WNBA Champion.

(WASHINGTON, D. C.) — About one-quarter of U. S. adults over age 50 say they expect to never retire and 70% are concerned about prices rising faster than their income, an AARP survey finds. About 1 in 4 have no retirement savings, according to research released Wednesday by the organization that shows how a graying America is worrying more and more about how to make ends meet even as economists and policymakers say the U.

If you’ve been exercising your vocal cords to Taylor Swift’s album The Tortured Poets Department, it might be time to move on to other body parts—like your arms, legs, and core. We asked three fitness trainers how to turn a handful of Swift’s new tunes into a fun and effective workout. Fortnight Use the opening track on The Tortured Poets Department as a warm-up for the rest of your workout, advises Kelly Borowiec, a certified personal trainer in San Francisco. [time-brightcove not-tgx=”true”] Perform 14 reps (to mimic a fortnight) of each exercise. Arm circles: While jogging in place, extend your arms out and perform forward circular motions.

Selena Gomez is committed to Rare Beauty, she said at the 2024 TIME100 Summit in New York City on Wednesday. Gomez launched the vegan and cruelty free makeup line in Sept. 2020, and it has since amassed a valuation of $2 billion, a figure that led to reports of a potential sale in Rare Beauty’s immediate future. [time-brightcove not-tgx=”true”] “I don’t think I’m going anywhere.

The nation’s school meals will get a makeover under new nutrition standards that limit added sugars for the first time, the U. S. Department of Agriculture announced Wednesday. The final rule also trims sodium in kids’ meals, although not by the 30% first proposed in 2023. And it continues to allow flavored milks — such as chocolate milk — with less sugar, rather than adopting an option that would have offered only unflavored milk to the youngest kids. [time-brightcove not-tgx=”true”] The aim is to improve nutrition and align with U.