
Le Bernardin New York
But vegetarians are not forgotten. The menu impresses with plates like morel and spring pea casserole and an artichoke risotto finished with black truffle vinaigrette. Even dessert, like the purple sweet potato baba with pecan whipped cream, feels quietly transcendent. Lunch offers a more relaxed take on the Le Bernardin experience, though refinement still reigns. The lounge prix fixe includes a built-in donation to City Harvest - a nod to giving back. Service is faultless, and atmosphere strikes a rare balance: serene, but never stiff.At Le Bernardin, balance reigns - between simplicity and luxury, French tradition and global flair. After 40 years, it's a reminder that true luxury lies in restraint, not excess. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Small finance banks struggle with perception. Will numbers turn the tide?
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Time of India
15 hours ago
- Time of India
Wait, what? Woman gets paid for doing nothing for 20 years, she sues her employer for it-- Here's why
Representative image Sometimes real life seems stranger than fiction, and this particular incident seems so! At a time when the need for work-life balance, and most employees feeling burnt out has become a matter of great discussion, news is that a woman has now sued her company for paying her to do nothing. Yes, you read that right! What might sound like a dream situation for many— getting paid without doing any work — has turned into a nightmare for 59-year-old woman named Laurence Van Wassenhove. She is taking Orange, one of Europe's largest telecom companies, to court, claiming that the company left her in professional limbo for more than 20 years-- by giving her full salary, but no tasks, no responsibilities, and almost no human interaction. Speaking to French broadcaster FTV, Van Wassenhove described her situation as 'forced inactivity' that made her feel invisible at work. From being a valued employee to being isolated at work Van Wassenhove joined Orange in 1993, when it was still France Télécom. After developing epilepsy and hemiplegia — partial paralysis on one side of her body — she moved from her original role to a secretarial position, drawing on her HR background. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Premium 2 & 3 BHK Apartments in Whitefield | Starts at ₹81.42 Lacs* | No Pre EMI till Possession Sowparnika Euphoria In The East Learn More Undo But in 2002, everything stalled. Hoping to transfer to another region, she was declared unfit for the proposed role by an occupational health review. Instead of finding her an alternative, the company placed her on 'standby.' This was the start of a 20-year period of professional exile. 'I was paid, yes — But treated like I didn't exist' Despite receiving her salary, Van Wassenhove told Mediapart she faced financial difficulties, eviction threats, and severe mental health struggles while raising her autistic child. The lack of purpose and social connection drove her into deep depression, she said. Her lawyer, David Nabet-Martin, argues that Orange's inaction robbed her of 'having a place in society' as a disabled person, inflicting lasting psychological harm. How her employer responded Orange told La Dépêche it had taken her 'personal social situation' into account and offered the 'best possible conditions' during her absence from active work. The company says it explored ways to reintegrate her, but frequent sick leave prevented progress. A long fight for recognition at the workplace V an Wassenhove began formally raising the issue in 2015 with the government and the High Authority for the Fight Against Discrimination. She claims little changed, and eventually early retirement was suggested — something she saw as yet another push out of the workforce. Her case highlights the darker side of prolonged inactivity, challenging the assumption that doing nothing for pay is a luxury. As she takes her fight to court, it could ignite new debates about disability rights, workplace inclusion, and the real meaning of 'having a job.' What are your views on this particular incident? Tell us about it in the comments section below. Ask the expert: "I feel I am in an abusive marriage, a relationship I fought for with my parents." Get the latest lifestyle updates on Times of India, along with Happy Independence Day wishes, messages , and quotes !
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First Post
17 hours ago
- First Post
Blackwater founder Erik Prince's hired guns to target Haiti's gangs amid growing chaos
Prince's new security firm, Vectus Global, which is already present in Haiti, will intensify its operations in the Caribbean nation to help authorities battle heavily armed criminal groups and win territories back from them US President Donald Trump's backer and private military contractor Blackwater's founder, Erik Prince, will lead a mission in Haiti to combat gang violence in the country. The mission will include combatants from the US, Europe and El Salvador who will be deployed to the violence-torn country soon. Prince's new security firm, Vectus Global, which is already present in Haiti, will intensify its operations in the Caribbean nation to help authorities battle heavily armed criminal groups and win territories back from them, according to a report by Reuters. STORY CONTINUES BELOW THIS AD Since February 2024, Haiti's capital has been largely isolated from the rest of the country after armed groups launched a coordinated offensive against the government, ousting the prime minister and seizing control of much of Port-au-Prince. According to the United Nations, over 1,500 people were killed between April and July, most of them in the capital. The majority of these deaths occurred during security force operations, with about a third resulting from drone strikes, which the government has recently begun using to target armed groups. Who is Erik Prince? Prince, a former US Navy Seal, founded the Blackwater military security firm in 1997. He sold the company in 2010 after Blackwater employees were convicted of unlawfully killing 14 unarmed civilians while escorting a US embassy convoy in Baghdad's Nisour Square. The men were pardoned by Trump during his first term in the White House. Since Trump's return to the White House, Prince has advised Ecuador on how to fight criminal gangs and struck a deal with the Democratic Republic of Congo to help secure and tax its mineral wealth. What will his company do in Haiti? A person familiar with the company's operations in Haiti told Reuters that Vectus would intensify its fight against the criminal gangs that control large swathes of Haiti in the coming weeks in coordination with the Haitian police, deploying several hundred fighters from the United States, Europe and El Salvador who are trained as snipers and specialists in intelligence and communications, as well as helicopters and boats. Vectus's force includes some French and Creole speakers, the person said. With inputs from Reuters


Mint
a day ago
- Mint
Powerful new AI models knock the wind out of European adopter stocks
Shares in European AI adopter stocks hit by selling wave New AI models pose threat to software firms, consultants Selloff exacerbated by high valuations, investors eye bargains LONDON, Aug 15 (Reuters) - A rout in shares of European companies embracing artificial intelligence deepened this week, as powerful new AI models raise questions about whether sectors from software to data analytics could find themselves overtaken by the technology. European software stocks, including Germany's SAP and France's Dassault Systemes, tumbled on Tuesday as worries that AI will disrupt the software sector spread through the market. That followed a downgrade to U.S. rival Adobe on Monday by broker Melius Research. Since mid-July, shares in markets and data group LSEG , UK software firm Sage, and French IT consulting group Capgemini have dropped 14.4%, 10.8% and 12.3% respectively. Such companies - dubbed AI adopters by analysts - are investing heavily in the technology to beef up their products and services. Amid a dearth of European AI companies and suppliers, their shares had benefitted as investors in the region sought a way to tap the AI boom powering U.S. markets. But the release of ever more powerful AI tools appears to have prompted a rethink among some market players. Last week, OpenAI launched its GPT-5 model, the latest iteration of the AI technology that has helped transform global business and culture since ChatGPT arrived in late 2022. Kunal Kothari, a fund manager at Aviva Investors, also pointed to the July 15 release of Anthropic's Claude for Financial Services. "The app that came out has now challenged an investment case around London Stock Exchange (LSEG), around the provision of financial data," he said. "We're at the stage now with every iteration of GPT or Claude that comes out ... it's multiples more capable than the previous generation. The market's thinking: 'oh, wait, that challenges this business model'." The drop in European adopter stocks contrasts with broader market gains. Since mid-July, London's FTSE 100 is up 2.5% and Europe's STOXX 600 up 0.6%, while U.S. indexes have scaled record highs, largely powered by tech stocks. Exacerbating matters is the fact that many European adopter stocks trade on high multiples, making them vulnerable to any potential negative news, according to Bernie Ahkong, Chief Investment Officer at hedge fund UBS O'Connor. The STOXX 600 trades at an average price-to-earnings multiple of 17 times, while SAP - whose shares are down 7.2% since mid-July after posting their biggest daily drop since late 2020 on Tuesday - trades at around 45 times. Although many AI adopter stocks are struggling, some investors say markets will eventually take a more systematic approach, picking out potential winners and losers. "At the moment, it feels like the market's just shooting first and putting them all in a 'challenged basket'," said Aviva's Kothari, referring to the decline in UK AI adopters. The hype around new AI models has led to the resurfacing of 2017 comments from Jensen Huang, the CEO of AI chipmaking behemoth Nvidia, that "AI is going to eat software". "We don't disagree, but we believe some delineation is warranted here, as not all software companies are equally exposed," said Steve Wreford, portfolio manager on the global thematic equity team at Lazard Asset Management. He said those with software deeply embedded into client company workflows, or with hard-to-replicate proprietary data, still had strong competitive advantages. Paddy Flood, portfolio manager and global sector specialist, technology, at Schroders, said it was important to distinguish between different types of software. "Enterprise-grade applications are less exposed, given their mission-critical nature, the complexity involved in replacing them, and the value of a trusted vendor ensuring ongoing service," he said. Aviva's Kothari also flagged the benefits of having software deeply embedded with customers, citing UK credit data firm Experian as an example. "It has lots of data unique to it, but it's also hugely embedded in the workflows of financial institutions. They want to make a loan, they need Experian," he said, also highlighting Britain's Sage. He holds both stocks, along with LSEG, but cautioned that proprietary data alone may no longer be enough to protect businesses. "I just don't think data is a big enough moat anymore," he said. The selloff in AI adopter stocks could be an opportunity for investors to pick the winners, said UBS O'Connor's Ahkong. "Some of the affected names will actually be able to use AI as an opportunity and tailwind for earnings, but need to prove that from here and that will take time," Ahkong said. But how much time the companies have is unclear. Some investors were already warning earlier this year that the clock was ticking for big spenders on AI to show returns. (Reporting by Lucy Raitano. Editing by Amanda Cooper and Mark Potter)