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Aug. 03, 2021 09:43AM EST
Simone Biles wins Olympic bronze in individual balance beam final
U.S. gymnast Simone Biles made her Olympic return on Tuesday, winning bronze in the individual balance beam final.
Why it matters: Biles is now tied with Shannon Miller as the most decorated U.S. Olympic gymnast of all time, with seven total medals.
- It's Biles' only individual medal at this year's Games, having dropped out of the three other event finals — as well as the all-around and team events — to prioritize her mental health.
- U.S. gymnast Sunisa "Suni" Lee, who won gold in the individual all-around last week, failed to medal on the balance beam. China's Guan Chenchen and Tang Xijingwon gold and silver, respectively.
The big picture: Biles, considered the greatest of all time, has won praise from athletes, commentators and fans for putting her mental wellness over all else at these Games.
- Last week, she thanked her fans and supporters on Twitter, saying: "the outpouring love & support I’ve received has made me realize I’m more than my accomplishments and gymnastics which I never truly believed before. 🤍"
- Biles received a standing ovation from the other athletes after completing the event.
On the ground
Photo: Ina Fried / Axios
Photo: Ina Fried / Axios
Photo: Ina Fried / Axios
Go deeper: Simone Biles lauded for "bravery in prioritizing" mental wellness
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Jul. 12, 2021 09:39PM EST
Department stores race to attract younger shoppers
Companies see Gen Z as the next big cash cow. Struggling department stores are now getting into the race to court them.
What’s new: Nordstrom said Monday it notched a deal with ASOS — the online, budget-friendly fashion house that's laser-focused on young shoppers and boasts millions of active customers.
Why it matters: Luring this cohort is pitched by department stores as part of a cure to reverse their decades-long slump. Actually getting them in the door could be a heroic feat.
- "There’s a big opportunity for us to be more meaningful to 20-something customers and to young customers,” Peter Nordstrom, the company's chief brand officer, told the New York Times.
But, but, but: "It is a very big pivot. If you ask Gen Z where they shop, department stores are not on their radar," says Neil Saunders, a retail analyst at GlobalData.
Deal details: Shoppers who want to pick up or return ASOS merchandise will have the first opportunity to do it in person — in Nordstrom stores.
- Nordstrom also gets exclusive retail rights for two underlying brands, Topshop and Topman. (No word on the financial terms.)
The backdrop: Rival department stores have tried to stake a claim with Gen Z.
- Macy's launched a slew of "Instagrammable" store concepts in 2018 — with a clear eye on shoppers of the future. But that's since "faded into obscurity," says Saunders.
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Jun. 30, 2021 07:49PM EST
House approves select committee to investigate Jan. 6 Capitol riot
The House voted 222-190 on Wednesday to create a select committee to investigate the deadly Jan. 6 Capitol riot.
Why it matters: House Speaker Nancy Pelosi moved forward with the creation of a committee controlled by Democrats after Senate Republicans blocked a bill that would have established a bipartisan 9/11-style commission to probe the Jan. 6 attack.
- Onlytwo House Republicans, Reps. Liz Cheney (R-Wyo.) and Adam Kinzinger (R-Ill.)voted for the select committee, whereas 35 Republicans had previously voted for the bipartisan commission.
What they're saying: "I want it to be fair. I want to be able to pursue all leads," Kinzinger said on CNN earlier this week.
- He added that he would consider participating if asked, but, "I'm certain that Kevin McCarthy won't put me on it. I'm going to continue to get to the truth to the best I can anyway."
The other side: Pelosi is creating a "partisan" panel that "will not be viewed as credible by at least half of Americans, nor will it honestly look at her own failures in securing the U.S. Capitol on that day," Rep. Jaime Herrera Beutler (R-Wash.), who voted to impeach former President Trump and previously supported the bipartisan commission, told CNN.
When asked whether President Biden wants Pelosi to put a Republican on the committee, White House press secretary Jen Psaki said he "certainly trusts her view."
- "The president believes certainly Republicans can act in good faith ... but he is going to of course rely on the decision of Speaker Pelosi," Psaki added.
Worth noting: D.C. Metropolitan Police officers Daniel Hodge and Michael Fanone, who were both injured while defending the Capitol from rioters, watched the vote in the speaker's box, per CNN.
- Gladys Sicknick, mother of the late Capitol Police officer Brian Sicknick, and his partner, Sandra Garza, also attended the vote.
The big picture: The select committee will be comprised of 13 members, five of whom will be chosen after consultation with House Minority Leader Kevin McCarthy (R-Calif.), though Pelosi has the final say as to who sits on the panel.
- The panel, which will have the power to subpoena witnesses, will investigate the "domestic terrorist attack upon the United States Capitol Complex," as well as security failures and the transfer of power, according to the legislation. Pelosi will designate the committee chair.
- There is so far no deadline for its final report, but the committee can convey interim findings and legislative recommendations.
- Earlier this month, the Senate Homeland Security and Rules committees issued a joint report on the security and intelligence failures surrounding the attack.
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May. 01, 2021 03:59PM EST
Newsmax apologizes to Dominion employee for false voter manipulation claims
Newsmax apologized to a Dominion Voting Systems employee for airing false allegations that he manipulated the 2020 presidential election results.
The big picture: Eric Coomer, Dominion's security director, in return dropped Newsmax from a defamation lawsuit, which he filed "after being named in false charges as a key actor in 'rigging' the election," AP writes.
- Coomer started receiving death threats due to the claims, per AP.
What they're saying: "On behalf of Newsmax, we would like to apologize for any harm that our reporting of the allegations against Dr. Coomer may have caused to Dr. Coomer and his family," the conservative news network said in a statement Friday.
- "Newsmax has found no evidence that Dr. Coomer interfered with Dominion voting machines or voting software in any way, nor that Dr. Coomer ever claimed to have done so."
- "Many of the states whose results were contested by the Trump campaign after the November 2020 election have conducted extensive recounts and audits, and each of these states certified the results as legal and final."
The statement was also read on air.
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