Spotlight

• The US Department of Labor (DOL) has proposed new regulations under ERISA to clarify fiduciary duties of prudence regarding the selection of designated investment alternatives. • The proposal establishes a process-based safe harbor for fiduciaries, specifically those incorporating alternative asset exposure, to prioritize decision-making processes over final investment outcomes. • This shift aims to mitigate litigation risks for fiduciaries and encourage the inclusion of diverse asset classes in retirement portfolios.

• The Tech Buzz newsletter published a piece focused on AI tooling and document workflows, with a featured mention of LlamaParse as an agentic document parsing engine. • The article says the product is designed to reliably extract complex information for AI apps and workflows, reflecting demand for infrastructure that helps models handle enterprise documents. • The development matters because document parsing remains a bottleneck for many AI products, especially in retrieval, automation and agent pipelines.

‘The boundaries of entertainment are always pushed for each series,’ psychologist says, as speculation grows over show’s futureThe pressure to keep audiences glued to hit reality TV shows is leading to participants being put in increasingly risky and exploitative situations, according to a psychologist and executive who have both previously worked on Married at First Sight UK.Two women have alleged they were raped during the filming of the show, which is one of Channel 4’s most popular and profitable programmes, and said not enough was done to protect them. Continue reading...

Designer suggests decision to stage show in Los Angeles is part of strategy to deepen label’s cinema presenceLike Christian Dior, the founder of the house he now leads, fashion designer Jonathan Anderson’s ambition is to be not just a Parisian couturier but a Hollywood power player. “We think of Dior as this romantic character, but he was also a very savvy businessman,” said Anderson before a blockbuster catwalk show in Los Angeles. Stage Fright, the Hitchcock caper-noir for which Dior dressed Marlene Dietrich, was the show’s origin story. “There is all this amazing correspondence between Dior, Dietrich and Hitchcock, which shows how he navigated the money that it cost to make that film. I think we underestimate how much negotiation Dior did with studio executives. He was very smart in that way.”Anderson, 41, who was born in Northern Ireland but since being appointed to Dior splits his time between London and Paris, has his own Hollywood side hustle as the costume designer for Luca Guadagnino’s films, and is set on reinvigorating Dior’s relationship with the film industry. Continue reading...

Since the start of the current conflict, more than 20,500 Ukrainian children have been taken by RussiaIt looks like a typical teenager’s bedroom: football shirts on the wall, crumpled clothes on the floor, exercise books open on the desk. But it is a work of political art, intended to evoke the empty rooms of more than 20,500 Ukrainian children unlawfully taken to Russia.The work was on display on Monday at the headquarters of the European Commission in Brussels, as delegates from 63 countries and international organisations gathered to discuss how to bring Ukraine’s children home. “It’s essentially a way for someone to step into Ukraine without having to actually travel there,” Isaac Yeung, a co-creator of the installation, said. Continue reading...

Absence of big US films heralds renewed focus on international cinema that underpins festival’s reputationFor decades, Cannes has occupied a unique place in the cultural imagination – not just as the world’s most prestigious film festival, but as Hollywood’s most glamorous overseas outpost.From Grace Kelly on the Croisette, Quentin Tarantino and Uma Thurman at the Pulp Fiction premiere, Julia Roberts walking barefoot up the red carpet, to Tom Cruise shutting down the Riviera with fighter jets overhead, Hollywood has made its mark on Cannes. Continue reading...

Thirty years after first person-to-person transmission was documented in Patagonia, scientists say global heating could increase world’s exposureAn outbreak in rural communities 30 years ago in the Patagonia area of Argentina led scientists, for the first time, to document person-to-person transmission of hantavirus, which until then had been known only to spread through contact with rodents.Nearly a decade ago another outbreak, also in Patagonia, provided detailed evidence of inter-human transmission when an infected 68-year-old rural worker attended a birthday party in a small village. The infection spread and resulted in 11 deaths. Continue reading...