May 19, 2024

Archives for April 2021

When Vaccines Become an Internet Personality Test

There are plenty of earnestly respectful vaccine selfies, where the inoculated person bares a shoulder and thanks science for their shot. But the array of vaccine brands, each with their own protocols and typical symptoms, has made room for them to be interpreted as an internet-wide personality test, with all the irrational identification of an astrological sign or a BuzzFeed quiz.

When a young TikToker called @idrinkurmilkshake winkingly identified herself as a member of the “Pfizer Gang,” she kicked off a joking rivalry that tore ebulliently through the internet. “Umm, only hot people get the Pfizer vaccine,” she said, smugly tucking a gleaming curl behind an ear. “If you got Moderna, then I don’t know what to tell you, queen.” In another popular video, @ellynmariemarsh appears on both ends of a phone conversation, playing Pfizer as a preening celebrity sipping bubbly from a flute while gabbing at her underrecognized frenemy Moderna.

It feels very American to convert our biggest brush with socialized medicine into a personal branding exercise rooted in the worship of pharmaceutical companies. The internet stanning of the Pfizer vaccine — “it sounds rich, decadent, luxury!” as one TikToker put it — has inspired concern over whether this elitist discourse could discourage acceptance of other brands, as Heather Schwedel detailed in Slate.

But that’s the joke — these vaccine performances are tinged with an edge of uber-capitalist sociopathy. Part of the commentary is how deeply our experience of the pandemic has been warped by the internet. When @idrinkurmilkshake uploaded her audio to the app so other users could lip-sync to her voice, she clarified her stance by titling the track “imjusykiddingyouareallhot.” In a follow-up video, she used a filter that gave her face the bloated look of extensive aesthetic dermatology, and played out an alternate reality where vaccines are distributed like wellness products. “Hey beauties, I just had to show this beautiful package from Pfizer, they sent me a beautiful set,” she purred. “Very effective against coronavirus,” she added. “Use my code, you can get 15 percent off.”

Vaccine content provides the inoculated with a sense of closure, even as infections continue to spread and herd immunity is out of reach. The vaccine rollout has also supplied content for an upside-down social media world, in which Covid skeptics, conspiracy theorists and antivax influencers run the show, and they are envisioning a very different kind of twist. In one TikTok video, a conservative influencer acts out dramatically refusing a vaccine, getting beaten to death for her insolence and ascending to heaven. The writers behind the vaccine show may be busy drafting their finale, but not everyone is tuning in.

Article source: https://www.nytimes.com/2021/04/27/arts/covid-vaccine-tiktok-content.html

Biden’s $1.8 Trillion Plan: Child Care, Student Aid and More

Mr. Biden’s plan differs in that it calls for universal preschool for all 3- and 4-year-olds, including those from affluent families. That is the same approach pioneered in recent years by city programs in New York and Washington, which expanded quickly to serve a diverse swath of families, but not without some evidence that they replicated the segregation and inequities of the broader K-12 education system.

Bruce Fuller, a professor of education at the University of California, Berkeley, has been a critic of the universal approach, instead favoring more targeted programs. He questioned whether states would do their part to fund the expansion and said the goal of paying all early childhood workers $15 per hour was too modest to broadly improve the quality and stability of the work force.

“How governors weigh these competing priorities, ethically and politically, remains an open question,” he said.

The proposed investment from Washington comes at a precarious time. Preschool enrollment declined by nearly 25 percent over the past year, largely because of the coronavirus pandemic. As of December, about half of 4-year-olds and 40 percent of 3-year-olds attended pre-K, including in remote programs. And only 13 percent of children in poverty were receiving an in-person preschool education in December, according to the National Institute for Early Education Research.

Unlike the preschool proposal, the child care plan is not universal. It would offer subsidies to families earning up to 1.5 times their state’s median income, which could be in the low six figures in some locations. It would also continue tax credits approved in the pandemic relief bill this year that offer benefits to people earning up to $400,000 a year.

Article source: https://www.nytimes.com/2021/04/28/us/politics/biden-american-families-plan.html

New Generation of Investors Trade Stock Tips on TikTok

But traders like Ms. Crum, who lives in Sunrise Beach, Mo., are making an earnest effort to do it right.

Every night, she meticulously compiles a list of the stocks she’s watching using different measures. One of them, an online tool called a volume scanner, filters out stocks that are being traded more or less than usual, which she believes can tip her off to a good bet. And she tries to mitigate her risk: Ms. Crum uses stop-loss orders, to sell a stock when it hits a certain price, and limit orders, which let investors set more specific instructions.

Like many other young traders, she’s big on sharing what she learns — usually in TikTok videos to her 163,000 followers. Ms. Crum posted one about candlestick charts, which illustrate the price range of a holding on a particular day. In another, she explained how to use relative strength index, or R.S.I., which measures price changes over time and can indicate when a stock might be oversold or overbought.

“I started out doing swing trades, an old reliable way to go about trading,” Ms. Crum said, adding that she’ll day-trade if she spots something that appears to be “an obvious winner.”

Like other young investors, she is riding a wave that would not be possible without the widespread adoption of commission-free trading in late 2019, which threw open the doors to those without deep pockets. Retail trading now accounts for roughly 22 percent of all trading volume, according to Piper Sandler, a financial services firm, up from 13 percent a year ago, when overall volume was also lower.

“There are days when I make 100 trades or more,” said Dan Knight, 26, a day trader who co-hosts a podcast about the stock market. “I would have never been able to trade with $7 commission fees.”

Mr. Knight’s podcast, “P.G.I.R.,” was recently among the top 50 business shows on Apple podcasts in the United States and ranked as the top investing show in early February, according to Chartable. Irreverent and sprinkled with profanity, every episode starts with a voice-over from the rapper Flavor Flav, and Mr. Knight is introduced as the Deity of Dips, while his co-host, Mitch Hennessey, goes by Hugh Henne — a nod to his grandfather’s first name and, playfully, to Hugh Hefner.

Article source: https://www.nytimes.com/2021/04/28/your-money/stocks-investing-tiktok.html

Norton Takes Philip Roth Biography Out of Print

In her email to staff on Tuesday, Ms. Reidhead acknowledged that Norton could have done more to look into the allegations. “As a publishing company we are limited in our investigative abilities,” she wrote, “but we recognize that there may be situations, such as allegations of potentially criminal conduct, where we should actively consider bringing in outside assistance.”

Some of the allegations against Mr. Bailey were reported earlier by The Times-Picayune/New Orleans Advocate and The Los Angeles Times, and additional accusations have been reported since.

In an email to the Times last week, Mr. Bailey denied the allegations, calling them “categorically false and libelous.” A lawyer for Mr. Bailey, Billy Gibbens, called Norton’s response to the allegations “troubling and unwarranted.”

In an email on Tuesday, Mr. Gibbens added: “Norton made the drastic, unilateral decision to take Mr. Bailey’s books out of print, based on the false and unsubstantiated allegations against him, without undertaking any investigation or offering Mr. Bailey the opportunity to refute the allegations.”

Norton did not immediately respond to a request for comment on Tuesday.

Since the #MeToo movement began, publishers have canceled contracts with a number of authors who have faced charges of sexual harassment and assault. In 2017, Penguin Press canceled a forthcoming book on the 2016 election by John Heilemann and Mark Halperin, authors of the best seller “Game Change,” after Mr. Halperin was accused of sexually harassing women at ABC News, where he once directed political coverage.

And in March 2020, Hachette Book Group dropped a forthcoming memoir by Woody Allen amid a wave of criticism, including a walkout by employees, who cited the longstanding accusations that Mr. Allen had molested his adopted stepdaughter Dylan. (Both Mr. Allen and Mr. Halperin later found other publishers.)

Pulling books that have already been published is less common, and even Norton’s initial “pause” last week drew concern from free expression groups.

Article source: https://www.nytimes.com/2021/04/27/books/norton-philip-roth-biography-blake-bailey.html

Charles Strum, Versatile Editor for The Times, Dies at 73

“He loved writing but grew to love editing and supporting reporters,” his wife, Rebecca Strum, said by phone. “He was at a place with many giant egos, and he didn’t have one.”

Mr. Strum collaborated with five Times reporters on the book “Outrage: The Story Behind the Tawana Brawley Hoax” (1990), about the 1987 case in which a Black teenager claimed to have been kidnapped, gang-raped and further defiled by white racists. Mr. Strum acted as the internal editor for the book, which was reported by Robert D. McFadden, Ralph Blumenthal, E.R. Shipp, M.A. Farber and Craig Wolff and written by Mr. McFadden.

After his stint as New Jersey bureau chief, Mr. Strum continued to write for The Times occasionally, often flashing his characteristic wit. One article, in 2000, was about taking a French immersion class.

“Mercifully, this was not like high school, where teenagers wince from embarrassment,” he wrote. “I felt no trace of the angst of my sophomore year, when my teacher — a humorless woman who looked like Howdy Doody with a gray wig and spoke French with an Indiana twang — aimed her intolerance up and down the rows like a machine-gunner.”

He married Rebecca Ware, known as Becky, in 1970. In addition to her and their son, he is survived by their daughter, Kate Strum, as well as twin daughters, Sara and Mary Lee Kenney, from a relationship with Nancy Kenney, a former Times staff editor.

After retiring from The Times in 2014, Mr. Strum worked for three years as an editor at The Marshall Project, the nonprofit journalism site that covers criminal justice.

“Some editors edited stories; Chuck edited writers,” said Bill Keller, the former executive editor of The Times who was The Marshall Project’s founding editor in chief. “He made them better. At the start, being a start-up, we had some writers who had more promise than practice. Chuck didn’t just fix their stories, he helped them grow.”

Article source: https://www.nytimes.com/2021/04/28/business/media/charles-strum-versatile-editor-for-the-times-dies-at-73.html

Trading Stock Tips on TikTok, Newbies Are Deeply Invested in Learning

But traders like Ms. Crum, who lives in Sunrise Beach, Mo., are making an earnest effort to do it right.

Every night, she meticulously compiles a list of the stocks she’s watching using different measures. One of them, an online tool called a volume scanner, filters out stocks that are being traded more or less than usual, which she believes can tip her off to a good bet. And she tries to mitigate her risk: Ms. Crum uses stop-loss orders, to sell a stock when it hits a certain price, and limit orders, which let investors set more specific instructions.

Like many other young traders, she’s big on sharing what she learns — usually in TikTok videos to her 163,000 followers. Ms. Crum posted one about candlestick charts, which illustrate the price range of a holding on a particular day. In another, she explained how to use relative strength index, or R.S.I., which measures price changes over time and can indicate when a stock might be oversold or overbought.

“I started out doing swing trades, an old reliable way to go about trading,” Ms. Crum said, adding that she’ll day-trade if she spots something that appears to be “an obvious winner.”

Like other young investors, she is riding a wave that would not be possible without the widespread adoption of commission-free trading in late 2019, which threw open the doors to those without deep pockets. Retail trading now accounts for roughly 22 percent of all trading volume, according to Piper Sandler, a financial services firm, up from 13 percent a year ago, when overall volume was also lower.

“There are days when I make 100 trades or more,” said Dan Knight, 26, a day trader who co-hosts a podcast about the stock market. “I would have never been able to trade with $7 commission fees.”

Mr. Knight’s podcast, “P.G.I.R.,” was recently among the top 50 business shows on Apple podcasts in the United States and ranked as the top investing show in early February, according to Chartable. Irreverent and sprinkled with profanity, every episode starts with a voice-over from the rapper Flavor Flav, and Mr. Knight is introduced as the Deity of Dips, while his co-host, Mitch Hennessey, goes by Hugh Henne — a nod to his grandfather’s first name and, playfully, to Hugh Hefner.

Article source: https://www.nytimes.com/2021/04/28/your-money/stocks-investing-tiktok.html

How TV Productions Are Adapting to the Covid-19 Pandemic

“Law Order: SVU” has been appearing as a credit in stage actors’ Playbill biographies for many years, but once Broadway shut down it became an even more integral part of their work diet — in part because flying in stars was complicated by quarantine rules, and in part out of a conscious effort to help the New York theater community.

“When everything shut down, we were all like, ‘What are we going to do?’” said Adriane Lenox, a Tony Award winner who played a judge on “SVU” just months after testing positive for the virus early in the pandemic. Ms. Lenox, like many other actors, said she had to go on unemployment at one point and that she had tried to make ends meet by looking for jobs such as dog walking on websites like ZipRecruiter.

She was one of more than 100 local stage actors who were featured on the show this year, according to Warren Leight, its showrunner.

“I just made the call early on: ‘Let’s make this the year where the first pool of actors we go to is the Broadway actors, the off-Broadway actors,’” he said. “It really does seem like the right thing to do. Logistically, it’s easier to hire locally.”

The effects of the pandemic have been felt most acutely in the cities like Los Angeles and New York, where, at least in prepandemic times, roughly two thirds of the country’s film, television and theatrical jobs were located. In New York City, for instance, officials have estimated that employment in the arts, entertainment and recreation sector fell by 66 percent from December 2019 to December 2020.

But there are signs of a rebound. By the end of last year, television shoot days in Los Angeles had recovered to roughly 62 percent of what they had been in 2019, according to FilmLA, the official film office for the city and county of Los Angeles. After taking a hiatus during the winter as an outbreak hobbled California, TV production in the city is approaching normal, prepandemic levels, FilmLA reported last week, even as other sectors of the entertainment industry lag behind.

Article source: https://www.nytimes.com/2021/04/28/arts/television/tv-production-coronavirus.html

TV Production Adapted to Weather the Pandemic. Now What?

“Law Order: SVU” has been appearing as a credit in stage actors’ Playbill biographies for many years, but once Broadway shut down it became an even more integral part of their work diet — in part because flying in stars was complicated by quarantine rules, and in part out of a conscious effort to help the New York theater community.

“When everything shut down, we were all like, ‘What are we going to do?’” said Adriane Lenox, a Tony Award winner who played a judge on “SVU” just months after testing positive for the virus early in the pandemic. Ms. Lenox, like many other actors, said she had to go on unemployment at one point and that she had tried to make ends meet by looking for jobs such as dog walking on websites like ZipRecruiter.

She was one of more than 100 local stage actors who were featured on the show this year, according to Warren Leight, its showrunner.

“I just made the call early on: ‘Let’s make this the year where the first pool of actors we go to is the Broadway actors, the off-Broadway actors,’” he said. “It really does seem like the right thing to do. Logistically, it’s easier to hire locally.”

The effects of the pandemic have been felt most acutely in the cities like Los Angeles and New York, where, at least in prepandemic times, roughly two thirds of the country’s film, television and theatrical jobs were located. In New York City, for instance, officials have estimated that employment in the arts, entertainment and recreation sector fell by 66 percent from December 2019 to December 2020.

But there are signs of a rebound. By the end of last year, television shoot days in Los Angeles had recovered to roughly 62 percent of what they had been in 2019, according to FilmLA, the official film office for the city and county of Los Angeles. After taking a hiatus during the winter as an outbreak hobbled California, TV production in the city is approaching normal, prepandemic levels, FilmLA reported last week, even as other sectors of the entertainment industry lag behind.

Article source: https://www.nytimes.com/2021/04/28/arts/television/tv-production-coronavirus.html

All of liquified natural gas from Russia’s Arctic for next 20 years sold in advance – Novatek

The LNG sales from the plant’s first liquefaction train are planned to commence in 2023, according to the company.

The agreements “provide for LNG supplies from Arctic LNG 2 on FOB Murmansk and FOB Kamchatka basis with pricing formulas linked to international oil and gas benchmarks. The LNG offtake volumes are set in proportion to the respective participants’ ownership stakes in the project,” Novatek said.

Also on rt.com Russia’s Arctic LNG 2 project almost 40% complete, on track for launch in 2023

The company’s chairman of the management board, Leonid Mikhelson, said that “The long-term offtake agreements between Arctic LNG 2 and its participants ensure the future revenue stream from LNG sales and de-risks the project. This represents one of the most important milestones in attracting the project’s external financing that will be completed in 2021.” 

Mikhelson said earlier that the Arctic LNG 2 plant is 39% complete and will be launched as planned.

Arctic LNG 2 envisages constructing three LNG liquefaction trains of 6.6 million tons per annum each, as well as cumulative gas condensate production capacity of 1.6 million tons per annum. The total LNG capacity of the three liquefaction trains will be 19.8 million tons. The first train of Arctic LNG 2 is 53% ready and is scheduled to start operations in two years.

Also on rt.com Russia says LNG production capacity could jump THREEFOLD by 2035

Novatek owns the majority stake (60%) in the project, with minority stakes held by foreign companies. The list of foreign investors includes French oil and gas company Total (10%), Chinese firms CNPC (10%) and CNOOC (10%), and the Japanese consortium of Mitsui and JOGMEC (10%).

The project utilizes an innovative construction concept using gravity-based structure platforms to reduce overall capital cost and minimize the project’s environmental footprint in the Arctic zone of Russia, according to Novatek.

For more stories on economy finance visit RT’s business section

Article source: https://www.rt.com/business/522332-russia-arctic-lng-supply-agreements/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

New York Post Reporter Who Wrote False Kamala Harris Story Resigns

Ms. Italiano, a veteran Post journalist and longtime chronicler of the New York City courts, is a well-liked figure in the paper’s newsroom. She did not respond to inquiries about her resignation or how the Harris article came to be. Representatives for The Post did not respond to calls and emails on Tuesday night.

Her abrupt exit underscored some of the tensions currently roiling The Post, a classic pugilistic city tabloid that was often a vessel for coverage favorable to former President Donald J. Trump during his term in office.

Mr. Murdoch, who spoke frequently with Mr. Trump, installed a new editor at the tabloid last month, Keith Poole, who formerly served in a top position at Mr. Murdoch’s London paper The Sun. At least eight journalists at The Post have departed the paper recently, including a White House correspondent, Ebony Bowden.

Fox News and The Post, given their shared Murdoch ownership, have long demonstrated a certain symbiosis. (Just last week, The Post ran a gossip item complaining that Glamour magazine was not writing features about female Fox News stars.)

Fox News hosts including Tucker Carlson, Greg Gutfeld and Martha MacCallum discussed the Post article on their programs on Monday. Peter Doocy, Fox News’s White House correspondent, cited “a report in the last couple days in The New York Post” before asking Jen Psaki, the White House press secretary, on Monday if Ms. Harris “is making any money” from her books supposedly being distributed in the shelters. Ms. Psaki said she would “have to certainly check on that,” which The Post described in a follow-up story as Ms. Psaki’s having offered “no answers.”

On Tuesday’s “Fox Friends,” the co-host Ainsley Earhardt told viewers that the claims about the Harris book were “not accurate,” citing that morning’s fact-checking column in The Washington Post. Also on Tuesday, Fox News updated its article about the Harris book to note that only a single copy had been seen at the shelter and that it had been delivered as “part of a citywide book and toy drive.”

Fox News has faced criticism in recent days for a different false claim broadcast on the network: that President Biden was planning to restrict Americans’ red-meat consumption under his plan to address climate change. An on-air Fox News graphic declared, “Bye-Bye Burgers Under Biden’s Climate Plan,” setting off a cycle of outrage from conservative commentators.

Article source: https://www.nytimes.com/2021/04/27/business/media/new-york-post-kamala-harris.html