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Thursday, October 18, 2007

It can be difficult to be John Reed.

Christopher Hitchens called him a “Bin Ladenist” and Cathy Young editorialized in The Boston Globe that he “blames the victims of terrorism” when he puts out a novel like Snowball’s Chance, a biting send-up of George Orwell‘s Animal Farm which he was inspired to write after the terrorist attacks on September 11. “The clear references to 9/11 in the apocalyptic ending can only bring Orwell’s name into disrepute in the U.S.,” wrote William Hamilton, the British literary executor of the Orwell estate. That process had already begun: it was revealed Orwell gave the British Foreign Office a list of people he suspected of being “crypto-Communists and fellow travelers,” labeling some of them as Jews and homosexuals. “I really wanted to explode that book,” Reed told The New York Times. “I wanted to completely undermine it.”

Is this man who wants to blow up the classic literary canon taught to children in schools a menace, or a messiah? David Shankbone went to interview him for Wikinews and found that, as often is the case, the answer lies somewhere in the middle.

Reed is electrified by the changes that surround him that channel through a lens of inspiration wrought by his children. “The kids have made me a better writer,” Reed said. In his new untitled work, which he calls a “new play by William Shakespeare,” he takes lines from The Bard‘s classics to form an original tragedy. He began it in 2003, but only with the birth of his children could he finish it. “I didn’t understand the characters who had children. I didn’t really understand them. And once I had had kids, I could approach them differently.”

Taking the old to make it new is a theme in his work and in his world view. Reed foresees new narrative forms being born, Biblical epics that will be played out across print and electronic mediums. He is pulled forward by revolutions of the past, a search for a spiritual sensibility, and a desire to locate himself in the process.

Below is David Shankbone’s conversation with novelist John Reed.

Thursday, April 3, 2008

A reporter from Wikinews recently interviewed Jim Babka, chair of Libertarian organization Downsize DC. The organization claims to have arranged for 22,158 people to send a message regarding the “American Freedom Agenda Act” proposed by Ron Paul, in addition to supporting many other laws. The full text of the interview can be found below.

Sunday, April 25, 2010

The World Health Organization (WHO) yesterday began simultaneous immunization campaigns, in 112 countries and territories across its Americas, Eastern Mediterranean, and European regions. The unprecedented vaccination drive will last for a week.

This is the first time the World Health Organization has launched such an event across multiple regions at once. WHO officials say their goal is to expand immunization coverage and raise awareness of the importance of vaccines, and that such cross-border activities can prevent disease and save lives.

WHO spokesman Daniel Epstein says that many countries are working to eliminate measles, adding that says countries in the European region are very concerned that they have stalled in their goal of eliminating measles and rubella this year.

“In European countries, in many of them, immunization coverage is below the 95 percent recommended level. And, there have been ongoing measles outbreaks in some of these countries. Measles cases have also been imported to the US and Canada and the Americas from European countries,” said Epstein.

The agency says an important goal of the immunization campaigns is to reach those who have been excluded up to now. It notes that every year, in the countries of the Eastern Mediterranean Region, 25 percent of deaths among children under age five are attributed to vaccine preventable diseases. 2.1 million children in the Middle East hadn’t received a shot against tetanus, whooping cough, or diphteria in 2009, according to the WHO.

In the Americas, WHO says special regional events are being held in border areas of Nicaragua, between Suriname and French Guiana, and between Haiti and the Dominican Republic. It says many young children, pregnant women, elderly and indigenous peoples live in isolated areas where vaccine coverage is low.

In all three regions, Epstein said the vaccination campaigns will be accompanied by health information campaigns.

“The biggest obstacle to reaching our goals of vaccination are lack of awareness, lack of information and people being ignorant that they should be vaccinated, and thus not having enough vaccinators, money, trucks, bicycles, etc. to get to these remote regions,” he said.

WHO also began a large polio immunization campaign across sixteen countries in central and West Africa on Saturday. It says 78 million children under five will be vaccinated to stop a major outbreak of the disease.

Saturday, August 8, 2009

A small plane and a tourist helicopter have collided in mid-air over the Hudson River above Hoboken, New Jersey. At least six people were on the helicopter, and three people were on the plane. The collision occurred near Pier 40 in New York City at 11:53 a.m. (EDT), just before both crafts crashed into the water.

Earlier, authorities had reported that at least one survivor had been rescued from the river. Reports now say that all passengers on the plane and helicopter have been killed.

“This is not going to have a happy ending. This has changed from a rescue to a recovery mission,” said the Mayor of New York City, Michael Bloomberg. He added that the crash was “not survivable.”

The helicopter was a Eurocopter AS 350 and was owned by Liberty Tours. It was carrying five tourists from Italy and one pilot.

LCA Partnerships operated the plane which was carrying three people, including a child. Reports say it took off from New Jersey’s Teterboro Airport after traveling from Pennsylvania. The plane was a Piper PA-32 single engine, fixed wing aircraft with the tail number of N71MC.

The cause of the crash is under investigation, but witnesses on the ground say the plane struck the helicopter from behind. The Associated Press says that a helicopter pilot on the ground, saw the plane on a collision course with the helicopter and tried to radio the two aircraft in an attempt to warn them.

The collision occurs just seven months after a US Airways, Airbus A320 carrying 155 people, crashed into the Hudson following a bird strike. All people on board the plane survived.

Monday, October 11, 2010

Wikinews interviewed author Amy Scobee about her book Scientology – Abuse at the Top, and asked her about her experiences working as an executive within the organization. Scobee joined the organization at age 14, and worked at Scientology’s international management headquarters for several years before leaving in 2005. She served as a Scientology executive in multiple high-ranking positions, working out of the international headquarters of Scientology known as “Gold Base”, located in Gilman Hot Springs near Hemet, California.

Tuesday, August 15, 2006

A Japanese tanker has spilled an estimated 4,500 tonnes (1.4 million gallons) of crude oil in the eastern Indian Ocean, after colliding with a cargo ship, which it was trying to assist, the tanker’s owners report.

A statement released by Mitsui O.S.K. Lines, Ltd, the owners of the tanker, Bright Artemis said that the tanker was attempting to rescue the crew of the distressed Singapore-registered cargo ship, Amar, when the two vessels came in contact about 470 km (290 miles) west of the Great Nicobar Island in the Indian Ocean at 1:00 p.m., (3:00 p.m. JST) on Monday. The collision opened a gash 1 meter in height and 5 meters in length on the single-hulled tanker’s starboard side, spilling its crude oil cargo. The statement said that the spill has been contained, the crew of the Amar are safe on board another rescue vessel and no other injuries have been reported.

The tanker reported the location of the incident as 5’46″N, 89’04″E and the cargo ship Amar was on fire when the incident happened, said the statement. It added that oil has been transferred from the damaged tanks to other tanks, the tanker is proceeding east at a reduced speed and that the Maritime Port Authority of Singapore and the Indian Coast Guard have been informed of the incident.

The Bright Armetis was manned by a crew of 23 including Croatians, Filipinos and a Canadian and was carrying close to 250,000 tonnes of crude oil from the Persian gulf to Japan, according to the company.

Indian Coast Guard officials told Reuters news agency that the spill lies outside India’s exclusive economic zone and that they are watching the situation closely.

Bloomberg reports that shares of Mitsui O.S.K. Lines Ltd. fell as much as 4.3% upon news of the event. Mitsui is Japan’s second-largest shipping company.

Sunday, April 24, 2005

New York Stock Exchange (NYSE) announced last Wednesday that it has agreed definitively to merge with Chicago-based Archipelago Exchange (ArcaEx) and form a new publicly traded, for-profit company known as NYSE Group. This announcement was followed two days later by NASDAQ®, which independently announced a definitive agreement to purchase Instinet Group.

Archipelago and Instinet are innovative e-trading (electronic trading) companies, and formerly were the two largest American rivals to NYSE and NASDAQ, in recent years taking increasingly large portions of their market share. The Securities and Exchange Commission (SEC) and other regulatory agencies still have to review and approve the transactions, particularly with respect to US securities law and antitrust law, in order to ensure that the marketplace remains lawful and competitive.

Other pending issues for NASDAQ include obtaining the approval of Instinet shareholders, as well as customary closing conditions. NYSE must obtain the approval of its members and Archipelago shareholders.

These changes, a reaction to increased e-trading competition and a changed regulatory environment, will result in NASDAQ and NYSE trading each other’s shares and attempting to grab market share, which many hope will drive down transaction costs and ultimately benefit consumers. However, at least one commentator, Dan Ackman writing in Forbes, has noted that the trading commission at the NYSE currently averages less than a nickel (US$0.05) per share, and was less enthusiastic about potential efficiency gains from electronic trading at the exchange.

The transactions are also intended to make the two leading American stock exchanges more globally competitive with such exchanges as the London Stock Exchange, the Frankfurt Stock Exchange, the Toronto Stock Exchange, and the Australian Stock Exchange located in Sydney.

Thursday, September 21, 2017

On Monday night, New Jersey, US-based toy retail giant Toys R Us filed for bankruptcy in the US as well as in Canada. The retailer filed it from Richmond, Virginia for Chapter 11 bankruptcy code in the US, and a judge allowed a loan of over US$2 billion.

According to the filing, the retail chain owns US$6.6 billion in assets, but has a debt of US$7.9 billion. They were under a roughly US$5 billion debt since the company underwent a three-way acquisition in 2005. Kohlberg Kravis Roberts, Bain Capital, and Vornado Realty Trust acquired Toys R Us for around US$7 to US$7.5 billion. After the US judge approved a loan, Toys R Us received about US$3 billion from the lenders to continue the business and survive a competitive market, and restructure their business model. E-commerce giant Amazon.com, Walmart and Target are some of the competitors for the conventional ‘brick and mortar’ toy shop, with lower priced-merchandise and fast, cheap delivery. In a conference call in June, CEO Dave Brandon said “very, very aggressive pricing online” was causing problems. He also said the company was experiencing “significant weakness in demand for their products globally”. Toys R Us are to clear a debt of US$400 million by May 2018.

Toys R Us said they would continue to operate for the holiday season. Bankruptcy lawyer Jeff Gleit said Toys R Us “need to do both a financial restructuring as well as an operational restructuring” and “needs to modernize with the times”. Last holiday season, Toys R Us made sales around US$4.5 billion. Overall, the company reported a US$29 million loss in 2016. CEO Brandon said, “Our objective is to work with our debt holders and other creditors to restructure the US$5 billion of long-term debt on our balance sheet, which will provide us with greater financial flexibility to invest in our business”.

Toys R Us employs more than 60 thousand people in 38 countries around the world in more than 1600 stores. The company’s stocks fell by six percent after filing for Chapter 11 protection. US bankruptcy code Chapter 11 allows the company to restructure under a plan approved by the court. The company would also be shielded from creditors’ claims during the process. For the stores located in Canada, Toys R Us filed bankruptcy in Ontario and are to undergo reorganisation. However, 259 stores located outside the US or Canada will not undergo reorganisation, the company said.

Over 300 US-based retailers have filed for bankruptcy this year, and hundreds of stores closed.

Tuesday, February 16, 2016

Yesterday, UK singer Ed Sheeran won the Grammy Award for Song of the Year for his song Thinking Out Loud from his album × ahead of Kendrick Lamar’s Alright; Wiz Khalifa’s, featuring Charlie Puth, See You Again; Little Big Town’s Girl Crush; and Taylor Swift’s Blank Space. Girl Crush won the Grammy Award for Best Country Song.

Welsh singer Amy Wadge co-wrote the song. Sheeran during the ceremony said they wrote the song on a couch in his house. In remarks to the Western Mail, Wadge said the album was already complete when they wrote the song.

Thinking out Loud remained #2 on Billboard Hot 100 for almost two months, and topped the UK rankings last year. Its video song has 969 Million YouTube views and has more than four million likes. The song also won the Grammy Award for Best Pop Solo Performance.

US singer Stevie Wonder announced the winner for the Song of the Year, and the envelope was written in Braille script. He joked about it saying “You can’t read it, you can’t read Braille!”

Along with Ed Sheeran’s first Grammy, Canadians The Weeknd and Justin Bieber won Grammy awards for the first time.

Saturday, October 27, 2007

Gay Talese wants to go to Iraq. “It so happens there is someone that’s working on such a thing right now for me,” the 75-year-old legendary journalist and author told David Shankbone. “Even if I was on Al-Jazeera with a gun to my head, I wouldn’t be pleading with those bastards! I’d say, ‘Go ahead. Make my day.'”

Few reporters will ever reach the stature of Talese. His 1966 profile of Frank Sinatra, Frank Sinatra Has a Cold, was not only cited by The Economist as the greatest profile of Sinatra ever written, but is considered the greatest of any celebrity profile ever written. In the 70th anniversary issue of Esquire in October 2003, the editors declared the piece the “Best Story Esquire Ever Published.”

Talese helped create and define a new style of literary reporting called New Journalism. Talese himself told National Public Radio he rejects this label (“The term new journalism became very fashionable on college campuses in the 1970s and some of its practitioners tended to be a little loose with the facts. And that’s where I wanted to part company.”)

He is not bothered by the Bancrofts selling The Wall Street Journal—”It’s not like we should lament the passing of some noble dynasty!”—to Rupert Murdoch, but he is bothered by how the press supported and sold the Iraq War to the American people. “The press in Washington got us into this war as much as the people that are controlling it,” said Talese. “They took information that was second-hand information, and they went along with it.” He wants to see the Washington press corp disbanded and sent around the country to get back in touch with the people it covers; that the press should not be so focused on–and in bed with–the federal government.

Augusten Burroughs once said that writers are experience junkies, and Talese fits the bill. Talese–who has been married to Nan Talese (she edited James Frey‘s Million Little Piece) for fifty years–can be found at baseball games in Cuba or the gay bars of Beijing, wanting to see humanity in all its experience.

Below is Wikinews reporter David Shankbone’s interview with Gay Talese.