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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.

Amazon’s Makeover of Lord & Taylor Building Shows Challenge of Office Conversions

  
WSJ - 09.12.2023 Original article ›
Konrad Putzier | Photographs By Thalia Juarez For The Wall Street Journal
LyrArc Article Gist
The old Fifth Avenue NYC building that Lord & Taylor department store opened in 1914 is remodeled by Amazon for offices that will have 2000 employees or a fifth of its New York workforce. Konrad Putzier of the WSJ looks at the problems of renovating old spaces in cities across the US. The cost is a factor as it cost Amazon $978 million. Renovating it means staying within what the old Italian Renaissance based design would allow without too much cost. This means less natural lighting, putting more interior meeting space which does not require windows. Only the new rooftop 2 floors have flexibility to put in modern windows. 

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Keir Starmer: Labour in power would not ‘want to diverge’ from EU

  
The Guardian - 09.21.2023 Original article ›
LyrArc Article Gist
Starmer says he would not bring in lower environmental or food standards than the EU or reduce worker's rights. He was speaking at a meeting in Canada bringing together liberal and centre left politicians. He said "most of the conflict" after Brexit has arisen because the UK wants to "do things different from our EU partners." And he added "We don't want to diverge, we don't want to lower standards, we don't want to rip up environmental standards, standards that work, food standards and all the rest of it" He was responding at a Q&A in Montreal.

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The World’s Biggest Crypto Firm Is Melting Down

  
WSJ - 09.26.2023 Original article ›
Patricia Kowsmann, Caitlin Ostroff, Angus Berwick
LyrArc Article Gist
The collapse of Binance would lead to liquidity to evaporate in the short term says this report in WSJ driving down the price of tokens. Months after collapse of FTX cryptocurrency company, Binance is in distress, says WSJ. Binance is affected by threat of enforcement actions by the SEC. The US Justice Department has taken a yearslong investigation that could result in criminal charges against Binance and its founder, and billions of dollars in fines, says this report in WSJ citing people familiar with the probe. Binance launched in China in 2017, but it claims to be based nowhere. China has banned crypto currency, and so have many countries. In EU more countries are banning it.

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Meet the Delta Fliers Who Don’t Hate the New SkyMiles Rules

  
WSJ - 09.27.2023 Original article ›
Dawn Gilbertson
LyrArc Article Gist
Delta Airlines is switching its frequent flyer program entirely to spending on its American Express Card. No miles for flights. Delta gets an astounding $7 billion from American Express from sales of miles, ancillary fees and brand fees. Its goal is $10 billion which would be what it made from tickets for flights in 2022. Delta's CEO says it may have gone too far with these changes which are unpopular with its flyer base except for the high end flyers who disliked crowded lounges. Were there other ways to tackle that problem? Delta appears to have shifted attention to a small fraction of its customers.

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UAW Expands Strike to GM Plant in Michigan, Ford Factory in Chicago

  
WSJ - 09.29.2023 Original article ›
Nora Eckert, Ryan Felton | Photographs By Nic Antaya For The Wall Street Journal
LyrArc Article Gist
The UAW added 7000 workers to the 18000 already on strike at Ford, GM, Stellantis.The UAW is making progress in its talks on Stellantis on cost of living adjustments and outsourcing, and says it will spare Stellantis from more walkouts. Stellantis also has the least hourly workers of the three US auto companies. Stellantis has operations in Europe and gets half of its profit outside the US. The UAW is also not stopping work at the largest SUV and pickup truck plants that make the most money for the auto companies. The idea is to do only what is needed to achieve its goals of fair pay and benefits for the auto workers.

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Sam Bankman-Fried Is Convicted of Fraud in FTX Collapse

  
WSJ - 11.02.2023 Original article ›
James Fanelli, Corinne Ramey
LyrArc Article Gist
A New York federal jury convicts Sam Bankman-Fried on all 7 counts. The US Attorney in Manhattan had this to say- "While the cryptocurrency industry might be new, and the players like Sam Bankman-Fried might be new, this kind of corruption is as old as time. This case has always been about lying, cheating, stealing, and we have no patience with it." In ways similar to the continuing war that is taking place across many sectors Mr.Bankman-Fried's lawyers tried to paint a different picture that turns out to be far from the truth- that he was a math nerd and an entrepreneur building a new business using innovative ways.

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Socialist party members in Spain back Catalan amnesty to secure PM new term

  
The Guardian - 11.05.2023 Original article ›
LyrArc Article Gist
Pedro Sanchez is attempting to form a new government in Spain with the support of Catalan parties. His Socialist party voted with 87% in favor of forming a new government with smaller parties without using the word amnesty for Catalans who protested in 2017 for independence. PSOE's organizational secretary Santos Leon says the party is determined to not let the opposition Partido Popular weaken the welfare state at a time of cost of living crisis and following the pandemic by coming to power at the federal level. In 2023 only 42% of Catalans want independence, 52% actually oppose it, making it easier to let Pedro Sanchez put this episode in Spanish history behind.

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Sunak will be weakened if he fails to sack Braverman, warn senior Tories

  
The Guardian - 11.11.2023 Original article ›
LyrArc Article Gist
Suella Braverman could leave Rishi Sunak's authority as British prime minister in tatters, say senior Tories in this report in The Guardian. A former cabinet minister says the Suella message is driving voters away from the core Tory voter base in the south east of England, and is doing great damage to the electoral  prospects of the Conservative party in Britain. The latest episode involves differences with the Met, the Police in Britain as it tackles protests over the war in the Middle East, and appealing to her small base within the Tory party ignoring the authority of the prime minister and the interests of the Conservative party.

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The Ultra-Affordable EVs That Won’t Be Coming to the U.S. Anytime Soon

  
WSJ - 11.12.2023 Original article ›
Christopher Mims
LyrArc Article Gist
Minimobility can be seen in some locations in the US such as Peachtree City, a town south of Atlanta where golf carts are popular. In Europe it is taking off and popular on its small streets and with its  culture of smaller vehicles. The Renault Duo, Citroen Ami, Swiss Microlino, Swedish Luvly, are electric vehicles for 1-2 passengers made at prices from $8000 for the Ami to $16000 for the Microliner. The Microliner has a range of 150 miles and max speed of 55mph. By 2030 about $100 billion of these small electric vehicles could be on the road compared to $3 billion in 2023. 

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Argentina Elects Javier Milei in Victory for Far Right

  
NYTimes.com - 11.20.2023 Original article ›
Jack Nicas
LyrArc Article Gist
Most of the provinces vote in favor of Milei including Cordoba and Mendoza, Salta and SantaFe. Only Buenos Aires province and two other provinces vote in favor of Sergio Massa, the Peronist candidate. Milei wins by 56% to Massa's 46%. The election is affected by the Peronist party president Fernandez's failure to control inflation that has reached 140%. La Nacion points out that most voters are angry at the political and economic reality, and are not voting for an ideology. In April 2020 one US dollar was worth 80 pesos, in 2023 it is 1000 pesos. Argentine has a chronic problem- repeated bouts of high inflation over 4 decades.

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As Democrats push to ban caste discrimination, some Indian Americans object

  
Washington Post - 11.22.2023 Original article ›
LyrArc Article Gist
Caste discrimination laws passed in the California legislature with little opposition. Opponents lobbied the governor to veto the legislation as state law already prohibits discrimination in California. Bharat (India) perspective on caste is for integration of the country and looking back at the lessons of colonization by the British. Caste divided the country and made it easier to colonize for Europeans who extracted capital for the East India Company and later Britain and creating backwardness and poverty. Bharat (India) goal was to create opportunities for integration of tribal communities lower castes Dalits and tribal Santhals into education economic mainstream. A Santhal from Jharkhand/Orissa was made president of India by PM Modi.

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Original article 13 minutes, gist 1 minute

America Is Wrapped in Miles of Toxic Lead Cables

  
WSJ - 07.09.2023 Original article ›
Susan Pulliam, Shalini Ramachandran, John West, Coulter Jones, Thomas Gryta
LyrArc Article Gist
These lead cables are what is left of the old cables laid decades back by the Bell regional phone network. They are underwater, in the soil an d on poles overhead. As the lead erodes and disintegrates it contaminates the water and the soil. Unsafe levels of it are found in 44 of 130 underwater sample sites tested by independent labs for the WSJ. It has tainted spots such as popular fishing locations, in front of schools and in playgrounds. It was found in the Willamette River in Oregon, in the Mississippi river banks in Louisiana, in the Detroit River in Michigan and the Passaic river in New Jersey. 

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Trump Is Indicted in Federal Probe of His Efforts to Reverse 2020 Election

  
WSJ - 08.01.2023 Original article ›
Sadie Gurman, Aruna Viswanatha
LyrArc Article Gist
Former president Trump is indicted by a federal grand jury for his efforts to reverse the results of the 2020 election. Charges in this criminal case include attempt to defraud the US, obstructing an official proceeding, and conspiring against the rights of voters. The 45 page indictment by special counsel Jack Smith says Trump leaned on election officials in Arizona, Georgia and Michigan to support his efforts to overturn election results, and later on vice president Mike Pence. WSJ shows a graph of the series of indictments Mr. Trump now faces including payments to a porn star, Georgia election interference, handling of classified documents, Jan. 6 violence, and in other cases.

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The Tragedy of Being a New Mom in America

  
WSJ - 08.03.2023 Original article ›
Anna Mutoh
LyrArc Article Gist
Estimates show one in five new mothers or about 800,000 mothers in America are experiencing anxiety disorders during the pregnancy or a year after giving birth. Mental health disorders are now the leading cause of maternal death, says the Centers for Disease Control and Prevention. The US is the only high income nation in the world without paid maternity leave and this increases risks of mental health. About one in four women return to work within 4 weeks of giving birth. This report shows the work done by the University of North Carolina Chapel Hills's Center for Women Mood Disorders, one of only 3 inpatient facilities for mental health in the US. 

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Donald Trump crisis: Evangelical Christians desert Republican presidential nominee following lewd tape revelation

1 Groups   
The Telegraph - 10.12.2016 Original article ›
Barney Henderson
LyrArc Article Gist
A key base of support for DOnald Trump is faltering after the release of a lewd videotape of Trump's comments on women. A Reuters/Ipsos poll now shows Trump having only a one point lead over Clinton among evangelicals. This is a key base of Republican support in any presidential election. Christianity Today is cited here in an editorial saying support was impossible for a man with the background of Trump for "greed and sexual morality." It also said that such support only gives people next to us wonder about whether we believe in Jesus Christ as Lord, and only proves the self focus we are wrapped up in.

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Original article 3 minutes, gist 1 minute

Tweaks but No Tapering From ECB

10 Groups   
WSJ - 12.08.2016 Original article ›
Richard Barley
LyrArc Article Gist
As the ECB reduces its monthly purchases under its QE program to 60 billion euros from 80 billion euros starting in April 2017, the initial market reaction was that quantitative easing was going out. This says Barley is not the case, and markets are overreacting. The ECB is now ready to buy bonds yielding less than the deposit rate. The ECB promised to extend purchases to Dec. 2017 or further. Look deeper says Barley and ECB forecasts headline inflation at 1.7% in 2019, less than 2% target. So continued QE made sense but at a lower pace. In the end it is the flow that matters not the stock of purchases, says Barley.

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Original article 2 minutes, gist 1 minute

Modi Retains Broad Support in India Despite Criticism, Poll Finds

10 Groups   
The New York Times - 09.19.2016 Original article ›
Nida Najar
LyrArc Article Gist
A Pew Research Center poll in September 2016 finds 81 percent of Indians have a favorable opinion of Narendra Modi in 2016, compared to 87 percent in 2015. Even among supporters of the opposition Indian National Congress a majority say they have a favorable opinion of Mr. Modi. The author of the poll, Bruce Stokes, says the opinion of frustration of the Indian elites and media about the Modi administration is not reflected in public opinion. Recently the Modi government passed legislation for a national Goods and Services Tax replacing overlapping state and federal taxes that are seen as holding up growth.  Issues the Indian public ranks high are corruption, unemployment and terrorism.

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Original article 3 minutes, gist 1 minute

China Shrugs Off the Ties That Bind

1 Links 5 Groups   
The New York Times - 09.22.2016 Original article ›
Emily Feng, Carlos Tejada
LyrArc Article Gist
This exceptional article in the NYT by Emily Feng and Carlos Tejada shows the social changes taking place in China as more women and men decide to postpone marraige. For the first time there are more women than men in master's degrees programs in China. Women in China are now increasingly better educated and prefer to be independent, not dependent on their spouses as in the previous generation. A typical Chinese household has 3.1 people in 2015 compared to 4.43 people in 1982, according to the China National Bureau of Statistics. Fewer children, more people living alone, women living independently, and seniors living alone are some of the reasons.

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Original article 2 minutes, gist 1 minute

Consumer Appetite for Cars, Homes Bolsters U.S. Economy

  
WSJ - 07.15.2020 Original article ›
Sarah Chaney
LyrArc Article Gist
Very low interest rates are enabling buyers in the U.S. to renew buying cars and homes. Higher income workers were hit less then the hardest hit low wage service sector workers in industries such as travel, restaurants. The better economy now depends on the surge in coronavirus and expansion of unemployment benefits that expire in July. Retail sales of new autos were just below pre-virus forecasts in week ending July 5, says J.D. Power. Interest rates are as low as 0.9%. New home sales including higher end buyer homes are doing well as many workers with higher incomes are able to work remotely from home providing more job security and confidence in buying.

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Original article 5 minutes, gist 1 minute

Coronavirus: Wearing a mask ‘reduces deadly power of virus’

  
The Times - 07.21.2020 Original article ›
Kat Lay Health, Correspondent | Kaya Burgess, Religious Affairs Correspondent
LyrArc Article Gist
Mask use is one of the best ways along with social distancing as it reduces the load factor of the virus, reduces the deadly power of the virus. So that the illness even if it happens would not end up being severe, giving patients a chance to recover quickly. Study after study in Germany, in the U.S., in Britain is confirming this. It is also common sense considering that there is a load factor in the virus infection. The bigger the load of virus intake through the nose while breathing in other people's droplets that are then entering our body through receptors in the nose, the bigger the intake, the more severe the infection.

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Original article 1 minute, gist 1 minute

U.S. Reviews Guidance on Masks to Fight Coronavirus as Europe Embraces Their Use

  
WSJ - 04.01.2020 Original article ›
Drew Hinshaw, Catherine Lucey
LyrArc Article Gist
Asymptomatic people infected by coronavirus are acting as spreaders of the coronaavirus making it more essential than ever that everyone wear masks. This is a widely accepted practice in Asia- wearing masks to prevent others from getting a virus. This now needs badly to become the practice in the U.S. and Europe. The longer it is delayed the worse the crisis can get and the longer it takes to eradicate it. Even low grade cotton masks are useful as is the practice in Asian countries. It is now part of the new guidelines of the Centers for Disease Control in the U.S. This needs to be adopted as safe practice everywhere.

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Original article 9 minutes, gist 1 minute

A Show That Makes Young Japanese Pine for the ‘Inappropriate’ 1980s

  
NYTimes.com - 05.29.2024 Original article ›
Motoko Rich, Kiuko Notoya
LyrArc Article Gist
A popular show on Japan's television network TBS and on Netflix Japan is "Extremely Inappropriate" that takes a widowed physical education teacher boarding a bus in 1986 Japan straight into 2024 and shows him with his rebellious teenage daughter. It contrasts the casual sexism, long work hours and culture of that time in the early postwar years with the concern for sexual harrassment in the workplace, and a culture that is moving away from long work hours. It sees something to value in both eras as the father changes as he adapts to the present and still keeps some of the better parts of the previous era. 

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Behind New Caledonia’s Riots, a Fight Over Vast Reserves of Nickel

  
WSJ - 05.20.2024 Original article ›
Matthew Dalton, Sam Schechner
LyrArc Article Gist
More efficient production of nickel in Indonesia by Chinese plants is causing problems for France in New Caledonia. New Caledonia is a Pacific island with large nickel deposits that are needed for French and European electric car production. Glencore is planning to sell one of its nickel processing plants in New Caledonia. This affects employment in the island which depends on nickel for 25% of jobs. France has encouraged immigration to the island and this has created tensions with the native Kayak people. The result was riots in the island and French efforts to find solutions to develop the island's nickel industry and improve lives of local people.

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Ukraine Enters New Phase of War With Russia: Dig, Dig, Dig

  
WSJ - 03.07.2024 Original article ›
Matthew Luxmoore, Daniel Michaels | Photographs By Manu Brabo For The Wall Street Journal
LyrArc Article Gist
The Ukraine frontlines in March 2024 after the deep fortifications and the trenches built on the Russian side that stalled any Ukraine advances. Ukraine is building its own trench fortifications as it expects a Russian spring offensive. Ukraine is dependent now on Britain and Germany, France, as the US House of Representatives controlled by Republicans under Speaker Mike Johnson have not taken up the Senate bill for aid to Ukraine that passed by 70 to 30 on a bipartisan basis. The result is uncertainty in Ukraine and in Eastern European nations. Sweden joined NATO and has conducted exercises with Finland which has the longest border of any nation with Russia.

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CNN to Cut About 100 Jobs, Launch Its First CNN.com Subscription Product

  
WSJ - 07.10.2024 Original article ›
Isabella Simonetti, Joe Flint
LyrArc Article Gist
During total day CNN had 473,000 viewers in quarter 2 of 2024. In the 25-54 years CNN had 85,000 viewers. Median age ov viewers on CNN, FOX, and MSNBC is 67-70 years showing that most of the American people get their information about the US and the world from digital, internet and in other ways.This shows the declining audience for televisions news and a shift over to digital news such as Apple News and Lyrarc.com type smaller sites that are providing alternatives on how the news is covered including a knowledge base approach to provide education type content and build understanding of content that Lyrarc has taken with an open model.

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