The 44-year-old successor to billionaire ‘Bond King’ Bill Gross is retiring early to go on road trips with his kids. ‘The pandemic has caused everybody to reevaluate.’

Summary List Placement Nick Maroutsos, head of global bonds at Janus Henderson Investors, is set to retire in October to take more road trips with his kids, after the pandemic caused him to reevaluate his “goals in life,” he told Bloomberg.  The 44-year-old investor took over from “Bond King” Bill Gross at Janus in 2019. The firm manages a $400-million portfolio.  He said he planned to spend more time with his wife and three children, and take his 14-year-old daughter to cross-country lacrosse tournaments. He wanted to spend more time with his kids while “they still like me,” he said. “The pandemic has caused everybody to sort of reevaluate not… Read More

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The CDC’s new mask guidance is confusing for frontline retail workers and turns them into the ‘vaccination police,’ a leading union says

Summary List Placement The largest private-sector union in the country has slammed the Centers for Disease Control and Prevention’s new mask guidance for vaccinated people, saying that the rules are “confusing” and could make frontline retail and grocery workers the “vaccination police.” The CDC announced much looser mask guidelines for fully vaccinated Americans Thursday, allowing them to drop their masks indoors and stop social distancing. The United Food and Commercial Workers International (UFCW) said that the new guidance could put its 1.3 million members in danger. Frontline workers already face unvaccinated people who refuse to wear masks, the union said. The trade association for the retail industry also said that… Read More

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Breeze is defending a plan to use college students as cabin crew after blowback from the US’ largest flight attendant union

Summary List Placement David Neeleman’s new startup, Breeze Airways, has ambitious plans to keep costs low when it launches flights this year — but one of its more unique initiatives is putting is receiving the ire of big labor.  Some flight attendants staffing the airline’s planes will be Utah Valley University college students hired through paid work-study programs. The strategy is unique for any modern US airline and is part of Breeze’s strategy to offer extremely low fares on leisure routes.  But students won’t be attending class in the morning and jetting off in the afternoon. Rather, only online students will be eligible for the program, as being a Breeze… Read More

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Jill Biden quipped that she felt ‘naked’ without a face mask after the CDC dropped its mandate for vaccinated people

Summary List Placement Jill Biden joked that she felt “naked” not wearing a face mask after the US Centers for Disease Control and Prevention dropped its mask mandate for fully vaccinated people. Biden was visiting a vaccine clinic at a high school in West Virginia on Thursday, the same day the CDC announced that people who have been fully vaccinated can take off their masks indoors and outdoors, in most settings. Biden told reporters: “We feel naked!” before pausing and adding “I didn’t mean it that way,” according to The New York Times, DailyMail.com, and the Financial Times. Biden said that she learned of the new rule during her journey… Read More

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Trump plans to start holding campaign rallies within weeks as he hints at plan to launch 2024 presidential run

Summary List Placement Former President Donald Trump will start holding rallies again next month, the New York Post reported, as he continues to hint at a potential 2024 run. A source told the Post that two rallies were being planned in June, while a third would take place around the July 4 holiday. Trump remains a popular Republican candidate for a 2024 run within the GOP and he has tightened his grip on the party since his impeachment trial. He has the support of senior Republican lawmakers including Sen. Mitch McConnell, the Senate minority leader,and Sen. Lindsey Graham. Liz Cheney, who has repeatedly criticized Trump for his efforts to overturn… Read More

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