Stories from New York · United States

Parents are reportedly in conflict over AI policy in schools, with basic questions about AI's presence in education remaining unanswered. This situation is causing dismay among parents.

Bob Dylan has added 12 new dates to his 'Rough and Rowdy Ways' worldwide tour. The tour, supporting his 2020 album, now includes shows in Boston, Cincinnati, Pittsburgh, and Philadelphia. The tour is scheduled to conclude on August 1st in Nashville, Tennessee.

Educators are questioning the use of artificial intelligence in schools.

Musician Allison Brown expressed her preference for playing the banjo over her previous career in investment banking. She found she had less affinity for tax-exempt debt than for music, particularly inspired by Earl Scruggs. Brown's insights will be featured on WNYC.

Building Supply Company QXO, led by its CEO, has announced plans to acquire another company. Upon completion of the merger, QXO expects to be the number one company in insulation and waterproofing, and the second biggest in roofing. The company will also hold number one or number two positions in certain geographies within lumber and building materials. The combined entity will operate within a several hundred billion dollar addressable market. The announcement was discussed on the Odd Lots podcast featuring CEO Brad Jacobs.

A building under construction at Broadway and Reed Street experienced a scaffolding collapse this morning at 6:30 AM. Rubble landed in a crosswalk, but no injuries were reported. Officials are investigating the cause with the building owners.

Luis Hill, the 2024 AL rookie of the year, was sent to Triple-A by the Yankees yesterday. This move followed a difficult start against Houston.

New York City is set to break ground on a new skyscraper, with a project cost of $238 million. This development is being used by Mayor Adams as a demonstration of taxing the wealthy. Griffin, representing a company, sent an email to employees expressing dissatisfaction with being targeted, highlighting the company's economic contributions and existing tax payments.

Anna Wintour, the editor-in-chief of Vogue, has been featured on the cover of the magazine, a move that has drawn attention. This placement is seen as a nod to the fact that Wintour inspired the character Miranda Priestly. The decision to put the publication's director on the cover of her own magazine has been described as and has led to discussions about whether it normalizes the brutality associated with Wintour.

A closed-end fund is bringing an Initial Public Offering to the market, aiming to raise permanent capital. As part of the deal, shares of Pershing Square, the managing hedge fund, will be distributed. The deal is expected to price tomorrow at $5 billion, which is at the lower end of the initially projected $5 to $10 billion range. Unlike Exchange Traded Funds (ETFs), investors in closed-end funds cannot withdraw their money directly. If an investor buys into the fund at $50, they can sell it on the market, similar to Business Development Companies (BDCs).