Innholdsfortegnelse for 7/30/2021 i Newsweek

1981 “The struggle for oil-rich Conoco, Inc., escalated into an unprecedented bidding war among three corporate titans,” Newsweek reported. “Experts fear that other wealthy corporations may soon make a grab for vulnerable victims, resulting in an increasing—and perhaps dangerous—concentration of Big Business.” Today, Big Tech is the focus of concern about too much power being in the hands of too few companies. Recently, the House Judiciary Committee sent several anti-trust proposals aimed at reining in giants like Amazon, Google and Facebook to the House floor. 1934 On Bloody Friday, the most violent day of the Minneapolis Teamsters Strike, police opened fire on 67 demonstrators. The city continues to be a hot spot for protest today in the wake of George Floyd’s killing, about which Newsweek said, “videos posted online appear…

ALMOST 10 YEARS AGO—NOVEMBER 11, 2011, TO BE EXACT—Crystal Bridges Museum of American Art opened its doors. The spotlight was immediately bright. It was the first major league museum built in the U.S in decades and the founders, Walmart heir Alice Walton and the family’s foundation, poured hundreds of millions into the building, designed by super architect Moshe Safdie, as well as the collection. One of the more striking examples: The $35 million-plus Walton paid, or some say overpaid, the New York Public Library for the Hudson River landscape Kindred Spirits by Asher Durand—a record at the time for an American painting. You, and everyone else, could also see Kindred Spirits for free thanks to Walmart. The new museum also got a lot of notice because of its location. Northwest…

THERE IS NO STAGE BIGGER THAN THE OLYMPICS, for the athletes and the host country. Modern China announced its arrival 13 years ago when 2,008 synchronized drummers wowed the world at the Beijing Summer Olympics opening ceremonies. In February, China is expected to use the Beijing Winter Olympics to unveil a creation of intense international interest: the digital yuan, the first major central bank digital currency, or CBDC. Consumers are unlikely to notice much difference shopping with e-CNY, as the currency is officially known. It will be worth the same as cash and will activate with a tap, swipe or QR code. But the questions this form of money raises are profound. As governments around the world move to phase out physical cash, what will become of financial privacy? How…

Parent PLUS loans can be a lifeline to helping your child obtain a college degree. But they can also saddle you with high monthly payments that strain your wallet now and threaten your future financial security in retirement. Here’s what you need to know before you take on this debt. BEFORE YOU APPLY Understand your true cost. Some schools include Parent PLUS loans in the financial aid package they present to accepted students, which can create confusion about the true cost of attendance. “Many families, especially those whose children are first-generation U.S. college students, don’t realize this is a loan because of how it shows up on the aid letter,” says Betsy Mayotte, president of The Institute of Student Loan Advisors. If the aid package is difficult to decipher, reach…

One upside from the pandemic? We’ll never take travel for granted again—even those whose job it is to see the world and report back. Grounded, we all missed the once-ordinary act of landing in a new place. Now that the world is slowly opening up and vaccinations have made travel safer, the question many of us have is, “Where in the world do I want to go?” For some inspiration, Newsweek caught up with our favorite travel experts to ask about their dream post-pandemic trips. Journalist and TV host Oneika Raymond is dreaming of expansive views on Namibia’s endless sand dunes, while PBS Travel TV Host Samantha Brown wants to take it nice and slow on a horse-drawn wagon on Mackinac Island, Michigan, and The Points Guy founder Brian Kelly…

MIGUEL CARDONA STARTED OUT as a public school teacher, was later named principal of the year in Connecticut, and eventually served as the state’s education commissioner before being confirmed as President Biden’s Secretary of Education. Newsweek spoke to him about the challenges facing students and parents as the country emerges from the pandemic. American Federation of Teachers President Randi Weingarten said she wants to see schools opened for five days a week of in-person learning and you tweeted in support of her view. Can you share your stance on opening schools this fall? What I supported was the fact that a lot of people are saying teachers don’t want schools open, but that’s absolutely not the case. Teachers want schools open safely. I had a meeting with the entire staff [recently] and…

IT’S BEEN OVER THREE YEARS SINCE THE DEATH OF ANTHONY BOURDAIN—explorer, chef, storyteller and one of the most influential cultural correspondents of our time. Throughout his career as an NYC chef, best-selling author and an Emmy-award winning TV host of No Reservations and Parts Unknown, Bourdain shed a light on the human experience and showed the great equalizing power of sharing a meal with a stranger. A new documentary Roadrunner: A Film About Anthony Bourdain by Academy Award winner Morgan Neville, director of 20 Feet from Stardom and the Mr. Rogers documentary Won’t You Be My Neighbor? follows Bourdain’s trajectory as he became the beloved star so many grieved for when he took his own life. “I didn’t want the film to feel like a eulogy. We tend to read…