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China Is About To Become The Number 2 Exporter Of Passenger Vehicles In The World

China Is About To Become The Number 2 Exporter Of Passenger Vehicles In The World It's bad enough the U.S. relies on China's productivity for...well, just about everything...but now it appears we've also missed the fact that China is reportedly taking over the global automotive industry with their vehicles. That is, at least according to a new report by Bloomberg, who notes that China is on the verge of becoming the No. 2 exporter of passenger vehicles worldwide, passing both the U.S. and South Korea. Overseas shipments of vehicles manufactured in China were up 3x since 2020 to 2.5 million vehicles last year according to China Passenger Car Association data. In the Middle East and Latin America, Chinese brands have become "market leaders", Bloomberg writes.  These vehicles include Chinese-made Tesla, as well as Chinese owned names like Volvo and MG. Home grown automobile companies like Nio and BYD are also on the global come-up, both targeting a global audience as worldwide EV adoption continues.  “Part of this is just Chinese companies are getting better, but some of it is overcapacity in China. This is going to be a pain point. It could generate a really strong reaction in Europe in terms of trade protections,” said Agatha Kratz, a director at Rhodium Group. And China targets selling 8 million passenger vehicles overseas by 2030, according to Xu Haidong, deputy chief engineer at the state-backed China Association of Automobile Manufacturers. This marks nearly twice Japan's current shipments.  Mercedes-Benz Group AG Chief Executive Officer Ola Kallenius said back in October: “We have to have them on the radar screen, without counting out the usual suspects. The competitive intensity is increasing. It’s the most fun time to work in automotive since 1886, but it’s also the most uncertain time.” Stellantis NV CEO Carlos Tavares commented last month: “To fight the Chinese, we will have to have comparable cost structures. Alternatively, Europe will have to decide to close its borders at least partially to Chinese rivals. If Europe doesn’t want to put itself in this position, we need to work harder on the competitiveness of what we do.” One UK car buyer chose a Chinese-made Polestar over a Tesla or Porsche. He told Bloomberg: “It turns a lot of heads, partly due to its color, partly due to people not knowing what it is. I did have some concerns that the build quality may not be the best. Upon test driving, any doubt of quality issues was put to rest.” Alexander Klose, executive vice president for overseas operations at Aiways Automobiles Co. concluded: “The switch to battery means the motor is no longer a differentiator. It’s created a level playing field.” Tyler Durden Fri, 01/27/2023 - 19:25.....»»

Source:  nytCategory: world~42 min. ago Related News

Soaring Food Prices Prompt Eurasian Nations To Ban Food Exports

Soaring Food Prices Prompt Eurasian Nations To Ban Food Exports Authored by Eurasianet via OilPrice.com, The harshest winter since 2008 is contributing to shortages of staple vegetables across Central Asia and sending prices north in a region still suffering from COVID-induced food inflation.  In Uzbekistan, record frosts have highlighted the shortcomings of the national energy system as even residents of the capital spent days on end without power. But the cold has also hammered the agriculture sector in the region’s most populous country. On January 20, the Uzbek agriculture minister announced a four-month ban on exports of onions after prices doubled in three weeks. The title of the ministry’s press release – “there are reserves of onions in Uzbekistan” – hints at panic.  Once among the cheapest onions produced by former Soviet countries, Uzbek onions are now as expensive as onions from countries like Georgia and Moldova, the ministry said, reaching 6,000-8,000 sum (53-71 cents) per kilo. While the frosts have ruined part of the onion stock in storage, that is not the only source of pressure on prices. Vast energy deficits have strained logistics, with gas stations shut down and roads covered in ice, the ministry said. In comments to private news website Gazeta.uz, one resident of Bukhara region gave an account of this perfect storm: "Due to the closure of gas stations, there are problems with public transport. On Tuesday we went to the market and did not see a single bus. The only thing left is taxis. Food prices have gone up. They say that goods are not being brought from Tashkent. There are no sellers at the Kholkhozni bazaar because vegetables and fruits have frozen."  Potatoes have also jumped in price since the start of the year – by 14 percent, reported specialist agriculture news site East Fruit last week. Price shifts elsewhere in Central Asia have been less severe, but experts say the true impact of the deep freeze will become apparent in the coming weeks and months.  A consultant for the UN’s Food and Agriculture Organization in Tajikistan, Bakhtiyor Abduvokhidov, told East Fruit that carrots could become scarce soon, noting that Tajik farmers tended to store harvested carrots in the ground due to a lack of warmer storage space.  "It is still impossible to say how they [the carrots] endured the frosts – we need to wait for the soil to thaw and the first batches to be dug out to assess the damage," Abduvokhidov said. "However, since the temperature in the regions where carrots remained in the ground for several days in a row dropped to -15 Celsius at night, it can be assumed that they are damaged.”  Kazakhstan last week followed Uzbekistan’s lead in banning exports of root vegetables. The Ministry of Trade and Integration on January 22 said that prices for Kazakh onions had risen more than 5 percent in the space of a week. Minister Serik Zhumangarin told journalists two days later that there are around 150,000 tons of onions in the country – enough for around five months, but less than authorities had previously thought. The reason for onions disappearing, Zhumangarin argued, was surging demand in Uzbekistan and Russia, as well as Pakistan, a major producer that suffered floods last summer and now has a deficit of the vegetable. (In the months before the cold snap, East Fruit reported that Uzbekistan was ramping up onion exports to the South Asian nation.) Zhumangarin said his ministry is working with officials at the border to prevent smuggling.   Kazakhstan posted Central Asia's highest figure for food inflation last year, at over 25 percent, partly powered by fallout from Russia’s war in Ukraine.   After deadly unrest last January, authorities are especially anxious about this trend. In one measure to avert price spikes, the trade ministry said it had ordered Kazakhstan’s regions to buy from producers in the agriculture-rich southern Turkestan region.  But there, too, the frosts have wreaked havoc, with Turkestan’s greenhouses – more than two thirds of Kazakhstan’s total – witnessing large scale harvest failures.  Turkestan farmers interviewed by local outlet Otyrar.kz blamed poor-quality coal for the season’s losses, saying the fuel had failed to warm heating pipes inside the structures. One tomato grower told Otyrar that his operation had planned to harvest over 1,200 tons but managed just 250 tons, with the rest of the produce going to waste.  Another initiative that the trade ministry believes will stabilize the local onion market is an agreement to purchase 6,000 tons from Tajikistan.  Authorities in Tajikistan’s Khatlon’s region say they have reached export agreements with Kazakhstan’s ambassador and a delegation of Kazakh businessmen and sounded positive notes on the potential for ramping up agricultural exports to Kazakhstan. Dushanbe seems ambivalent to the effect that this might have on domestic prices.  According to a report by independent news outlet Asia-Plus, Tajik onion prices have tripled year-on-year to reach around 73 cents per kilogram, measured against the official exchange rate. An agriculture expert quoted by the website said that the most recent onion harvest in Tajikistan had been successful, with only “minor losses.”   Tyler Durden Fri, 01/27/2023 - 19:45.....»»

Source:  nytCategory: world~42 min. ago Related News

Vegas Hotels Hit With Lawsuit, Claiming Collusion Via Algorithm To Artificially Inflate Hotel Prices

Vegas Hotels Hit With Lawsuit, Claiming Collusion Via Algorithm To Artificially Inflate Hotel Prices A lawsuit filed in federal court in Nevada alleges hotel operators on the Las Vegas Strip colluded to overcharge visitors for rooms through an algorithm designed to artificially inflate prices above competitive levels, Las Vegas Review-Journal reported. Caesars Entertainment, Treasure Island, Wynn Resorts Holdings, and MGM Resorts International were named in the suit for allegedly sharing a price algorithm to set hotel rates instead of making "independent pricing and supply decisions," according to the lawsuit, filed Wednesday. The operator of the algorithm, Rainmaker Group Unlimited, a revenue management firm owned by Cendyn Group, was also named as a defendant for allowing "algorithmic-driven price-fixing … at the expense of consumers and in violation of antitrust laws."  Two people, one from Washington state and another in Florida, filed the lawsuit. Both stayed in the defendants' hotel rooms and claimed the shared pricing data allowed hotel operators to "defy supply and demand dynamics."  "Our antitrust attorneys have uncovered what appears to be an unlawful agreement in which Rainmaker collects and shares data between Vegas hotel competitors to unlawfully raise prices of hotel rooms," plaintiffs' attorney with Seattle-based law firm Hagens Berman wrote in a statement.  "What happens in Vegas will no longer stay in Vegas. We intend to expose the under-the-table deals perpetrated by these Vegas hotels, and we intend to hold them accountable," the attorney continued.  The plaintiffs' lawsuit quoted confidential witnesses, a Rainmaker executive and two former employees, who estimated 90% of Vegas hotels use Rainmaker's algorithm.  Rainmaker "collects confidential price information from each of the hotel operators, and then tells them, through use of various algorithms, how to price," the lawsuit alleged. "The suit is the latest in a growing wave of antitrust cases to take aim at algorithmic models or data brokering services allegedly used to facilitate price coordination across an entire industry. The allegations echo dozens of recently filed suits hitting the country's top residential landlords with similar claims," Bloomberg said.  Tyler Durden Fri, 01/27/2023 - 20:05.....»»

Source:  nytCategory: world~42 min. ago Related News

Sunshine Might Be Free But Solar Power Is Not Cheap

Sunshine Might Be Free But Solar Power Is Not Cheap Authored by Isaac Orr via RealClearPolicy.com, Mississippi residents are consistently told that renewable energy sources, like solar panels, are now the lowest-cost ways to generate electricity, but these claims are based on creative accounting gimmicks that only examine a small portion of the expenses incurred to integrate solar onto the grid while excluding many others. When these hidden expenses are accounted for, it becomes obvious that solar is much more expensive than Mississippi’s existing coal, natural gas, and nuclear power plants and that adding more solar will increase electricity prices for the families and businesses that rely upon it. One of the most common ways of estimating the cost of generating electricity from different types of power plants is a metric called the Levelized Cost of Energy, or LCOE. The LCOE is an estimate of the long-term average cost of producing electricity from a power plant. These values are estimated by taking the costs of the plant, such as the money needed to build and operate it, fuel costs, and the cost to borrow money, and dividing them by the amount of electricity generated by the plant (generally megawatt hours) over its useful lifetime. In other words, LCOE estimates are essentially like calculating the cost of your car on a per-mile-driven basis after accounting for expenses like initial capital investment, loan and insurance payments, fuel costs, and maintenance. We can estimate the LCOE of new solar facilities in Mississippi by using overnight capital cost estimates from the U.S. Energy Information Administration (EIA) Electricity Market Module and other state-specific factors. We can then compare the cost of solar to the real-world cost data for the coal and natural gas generators at the Victor J. Daniel Jr. Generating Plant, and the Grand Gulf nuclear power plant using the Federal Energy Regulatory Commission (FERC) Form 1 database. The graph below shows that electricity generated by new solar panels would cost $50.67 per megawatt hour when accounting for the fact that monopoly utilities are allowed to increase electricity prices to cover the cost of building any new solar facilities that receive approval from the Mississippi Public Service Commission, plus a ten percent rate of return, shown as “utility profits,” below. Center of the American Experiment These cost estimates are, I should point out, for the unsubsidized cost of solar – what you might call the real, or underlying cost of producing it. This matters because the Biden administration’s enormous $370 billion so-called “Inflation Reduction Act” offers massive subsidies for solar, which on the surface seem to reduce the cost of solar. In reality, what the IRA subsidies do is reduce the cost paid by some by passing on the costs to the taxpayer. Subsidy, in other words, does not change the underlying costs of solar, which remain unattractive no matter how many inducements the federal government offers us to go solar. The most affordable electricity in the state was generated by the combined cycle (CC) natural gas units at the Victor J. Daniel Generating Plant at a cost $30.31 per MWh, based on the 2021 delivered cost of natural gas, which was $3.90 per million British thermal units (MMBtu), and electricity generation. Natural gas prices might have risen recently, but even at these increased prices, natural gas gives Mississippians better value than solar.  So, too, does nuclear.   The next most affordable power plant was the Grand Gulf nuclear facility, which generated electricity for $32.10 per MWh, based on 2021 output. Lastly, the coal units at the Victor J. Daniel Generating Plant produced electricity for $43.83 per MWh, based on 2021 delivered coal prices of $2.55 per MMBtu and electricity generation. But wait, there’s more. Not only are solar panels more expensive than the existing natural gas, coal, and nuclear plants on Mississippi’s electric grid, but they also provide less value because they don’t provide electricity if the sun isn’t shining, which is most of the time. Statistics from EIA show solar facilities in Mississippi only generated about 22 percent of their potential output in 2021, which means utility companies would need to install 450 megawatts (MW) of solar to generate 100 MW of electricity, on average, over the course of a year, requiring a huge overbuild of capacity to get the same annual energy output. Creating an electric grid capable of incorporating all of these extra solar panels will require taking thousands more of acres of land, building more transmission lines to connect these panels to the grid, and moving the power to where it is needed. These costs, including the property taxes associated with the land, the lines, and the other equipment, will be passed along to customers through their electricity rates.  According to the Midcontinent Independent Systems Operator (MISO), these transmission lines routinely cost between $2.5 million and $3.1 million per mile. Despite their enormous price tag, solar advocates don’t usually include these transmission costs in their LCOE calculations because they are inconvenient. Lastly, it is important to remember that no matter how many solar panels are installed in Mississippi, the electricity needs of the state will still require the use of natural gas power plants or expensive new battery storge facilities to provide electricity when the sun isn’t shining, which happens every night. As a result, Mississippi families and businesses are forced to pay for two electric systems: one that works when the sun is out, and one that works when it isn’t.  The data are clear: when all these costs are added up, we see that solar is much more expensive than using Mississippi’s existing natural gas, coal, or nuclear power plants. Therefore, the Mississippi Public Service Commissioners should protect ratepayers from the unnecessary cost increases that will inevitably result from building more solar facilities in the Magnolia state.  *  *  * Isaac Orr is a policy fellow specializing in energy and environmental policy at Center of the American Experiment. Tyler Durden Fri, 01/27/2023 - 20:25.....»»

Source:  nytCategory: world~42 min. ago Related News

These Are The Oldest People To Have Ever Lived

These Are The Oldest People To Have Ever Lived At the grand old age of 118, Lucile Randon died last week, passing on the crown of oldest living person to the U.S.-born Spanish woman Maria Branyas Morera - born in 1907 and now 115 years old. “Order, tranquility, good connection with family and friends, contact with nature, emotional stability, no worries, no regrets, lots of positivity and staying away from toxic people” is what Branyas credits with her longevity, according to the Guinness site. “I think longevity is also about being lucky,” Branyas said, Guinness officials added. “Luck and good genetics.” María Branyas Morera was born in California and moved back to Spain when she was eight. As Statista's Martin Armstrong shows in the Infographic below however, the oldest person to ever live was the French Jeanne Calment who was 122 years and 164 days old when she died in 1997. You will find more infographics at Statista A database maintained by the Gerontology Research Group reveals that France and Japan have produced the largest share of the world's oldest supercentenarians. Women invariably dominate the top end of the list, too. The oldest man to have ever lived, Japan's Jiroemon Kimura, was 116 when he died in 2013.   Tyler Durden Fri, 01/27/2023 - 20:45.....»»

Source:  nytCategory: world~42 min. ago Related News

The Most Egregious Mistake

The Most Egregious Mistake Authored by Alastair Crooke, The U.S. government is hostage to its financial hegemony in a way that is rarely fully understood... It is the miscalculation of this era – one that may begin the collapse of dollar primacy, and therefore, global compliance with U.S. political demands, too. But its most grievous content is that it corners the U.S. into promoting dangerous Ukrainian escalation against Russia directly (i.e. Crimea). Washington dares not – indeed cannot – yield on dollar primacy, the ultimate signifier for ‘American decline’. And so the U.S. government is hostage to its financial hegemony in a way that is rarely fully understood. The Biden Team cannot withdraw its fantastical narrative of Russia’s imminent humiliation; they have bet the House on it. Yet it has become an existential issue for the U.S. precisely because of this egregious initial miscalculation that has been subsequently levered-up into a preposterous narrative of a floundering, at any moment ‘collapsing’ Russia. What then is this ‘Great Surprise’ – the almost completely unforeseen event of recent geo-politics that has so shaken U.S. expectations, and which takes the world to the precipice? It is, in a word, Resilience. The Resilience displayed by the Russian economy after the West had committed the entire weight of its financial resources to crushing Russia. The West bore down on Russia in every conceivable way – via financial, cultural and psychological war – and with real military war as the follow-through. Yet, Russia has survived, and survived relatively handsomely. It is doing ‘okay’ – maybe better, even, than many Russia insiders were expecting. The ‘Anglo’ Intelligence services however, had assured EU leaders not to worry; it’s ‘slam dunk’; Putin cannot possibly survive. Rapid financial and political collapse, they promised, was certain under the tsunami of western sanctions. Their analysis represents an Intelligence failure on a par with the non-existent Iraqi weapons of mass destruction. But instead of critical re-examination, as events failed to provide confirmation, they doubled down. But two such failures are just ‘too much’ to bear. So why does this ‘failed expectation’ constitute such a world-shaking moment for our era? It is because the West fears that its miscalculation might well lead to the collapse of its dollar hegemony. But the fear extends well beyond that too – (bad as ‘that’ would be from the U.S. perspective). Robert Kagan has outlined how external forward motion and the U.S.’ ‘global mission’ is the lifeblood of American internal polity – more than any equivocating nationalism, Professor Paul suggests. From the founding of the country, the U.S. has been an expansionary republican empire; without this forward motion, civic bonds of domestic unity come into question. If Americans are not united for expansionary republican greatness, by what purpose Professor Paul asks, are all these fissiparous races, creeds, and cultures in America, bound together? (Woke culture has proved no solution, being divisive rather than any pole around which unity can be built). The point here is that Russian Resilience, at a single stroke, shattered the plate-glass floor to western convictions about its ability to ‘manage the world’. After the several western debacles centred on regime-change by military shock-and-awe, even hardened neo-cons – by 2006 – had conceded that a weaponised financial system was the only means to ‘secure the Empire’. But this conviction has now been upended – and states around the world have taken notice. This shock of miscalculation is all the greater because the West disdainfully had taken Russia to be a backward economy, with a GDP on a par to that of Spain. In an interview with Le Figaro last week, Professor Emmanuel Todd noted that Russia and Belarus, taken together, constitute only 3.3% of global GDP. The French historian questioned therefore, ‘how then is it possible that these states could have shown such resilience – in the face of the full force of the financial onslaught’? Well, firstly, as Professor Todd underlined, ‘GDP’ as a measure of economic resilience is wholly “fictional”. Contrary to its name, GDP measures only aggregate expenditures. And that much of what is recorded as ‘production’, such the over-inflated billing for medical treatment in the U.S.’ and (said, tongue in cheek) services such as the hundreds of economists’ and bank analysts’ highly-paid analysis, are not production, per se, but “water vapour”. Russia’s resilience, Todd attests, is due to the fact that it has a real economy of production. “War is the ultimate test of a political economy”, he notes. “It is the Great Revealer”. And what is it that has been revealed? It has revealed another quite unexpected and shocking outcome – one that sends western commentators reeling – that Russia has not run out of missiles. ‘An economy the size of Spain, the western media ask, how can such a tiny economy sustain a prolonged war of attrition by NATO without running out of munitions?’. But, as Todd outlines, Russia has been able to sustain its weapons-supply because it has a real economy of production that has the capacity to maintain a war – and the West no longer does. The West fixated on its misleading metric of GDP – and with its normalcy bias – is shocked that Russia has the capacity to outpace NATO’s arms inventories. Russia was billed by western analysts as a ‘paper tiger’ – a label that now seems more likely to apply to NATO. The import of the ‘Great Surprise’ – of Russian Resilience – resulting from its real economy of production vis á vis the evident weakness of the hyper-financialised western model scrabbling for sources of munitions has not been lost on the rest of the world. There is old history here. In the lead-up to WW1, the British Establishment was concerned that they might lose the coming war with Germany: British banks tended to lend short-term, in a ‘pump and dump’ approach, whereas German banks invested directly in long-term real-economy industrial projects – and therefore were thought to be able to better sustain war materiel supply. Even then, the Anglo élite had a quiet appreciation of the inherent frailty to a heavily financialised system for which they compensated by simply expropriating the resources of a huge Empire to finance preparation for the coming Great War. The backdrop then, is that the U.S. inherited the Anglo financialising approach which it subsequently turbo-charged when the U.S. was forced off the gold standard by ballooning budget deficits. The U.S. needed to attract the world’s ‘savings’ into the U.S., by which to finance its Vietnam war deficits. The rest of Europe from the 19th century outset had been wary of Adam Smith’s ‘Anglo-model’. Friedreich List complained that the Anglos assumed that the ultimate measure of a society is always its level of consumption (expenditure – and hence the GDP metric). In the long run, List argued, a society’s well-being and its overall wealth were determined not by what the society can buy, but by what it can make (i.e. value coming from the real, self-sufficient economy). The German school argued that emphasizing consumption would eventually be self-defeating. It would bias the system away from wealth creation, and ultimately make it impossible to consume as much, or to employ so many. Hindsight suggests List was correct in his analysis. ‘War – is the ultimate test – and Great Revealer’ (per Todd). The roots to an alternative economic view had lingered on in both Germany and Russia (with Sergei Witte), despite the recent preponderance of the hyper-financialised Anglo-model. And now with the ‘Great Reveal’, the focus on the real economy is seen as a key insight underpinning the New Global Order, differentiating it sharply in terms both of economic systems and philosophy from the western sphere. The new order is separating from the old, not just in terms of economic system and philosophy, but through a reconfiguring of the neurons through which trade and culture travels. Old trade routes are being bypassed and left to wither – to be replaced by waterways, pipelines and corridors that avoid all the choke points by which the West can physically control commerce. The north-east Arctic passage, for example, has opened an inter-Asian trade. The untapped oil and gas fields of the Arctic eventually will fill the gaps in supplies resulting from an ideology that seeks to end investment by western oil and gas majors in fossil fuels. The North-South corridor (now open) links St Petersburg to Bombay. Another component links waterways from northern Russia to the Black Sea, the Caspian and from thence to the south. Yet another component is expected to pipe Caspian gas from the Caspian pipeline network south to a Persian Gulf gas ‘hub’. Look at it in this way, it is as if the neural connectors in the real economic matrix are, as it were, being lifted up from the west, and are being set down in a new location to the East. If Suez was the waterway of the European era, and the Panama Canal represented that of the American Century, then the north-east Arctic waterway, the North-South corridors and the African railway nexus will be that of the Eurasian era. In essence, the New Order is preparing to sustain a long economic conflict with the West. Here, we return to the ‘Egregious Miscalculation’. This evolving New Order existentially threatens dollar hegemony – the U.S. created its hegemony through demanding that oil (and other commodities) be priced in dollars, and by facilitating a frenetic financialisation of asset markets in the U.S. It is this demand for dollars which alone has allowed the U.S. to fund its government deficit (and its defence budget) for nothing. In this respect, this highly financialised dollar paradigm possesses qualities reminiscent of a sophisticated Ponzi scheme: It pulls in ‘new investors’, attracted by zero-cost credit leverage and the promise of ‘assured’ returns (assets pumped ever upwards by Fed liquidity). But the lure of ‘assured returns’ is tacitly underwritten by the inflation of one asset ‘bubble’ after another, in a regular sequence of bubbles – inflated at zero cost – before being finally ‘dumped’. The process then, is ‘rinsed and repeated’ ad seriatim. Here is the point: Like a true Ponzi, this system relies on constant, and ever more, ‘new’ money coming into the scheme, to offset ‘payments out’ (financing U.S. government expenditure). Which is to say, U.S. hegemony now depends on constant overseas dollar expansion. And, as with any pure Ponzi, once ‘money in’ falters, or redemptions spike, the scheme collapses. It was to prevent the world quitting the dollar scheme for a new global trading order that the signal was ordered to be promulgated, via the onslaught on Russia, to warn that to quit the scheme would bring U.S. Treasury sanctions upon you, and to crash you. But then came TWO game-changing shocks, in close succession: Inflation and interest rates spiralled, devaluing the value of fiat currencies such as the dollar and undermining the promise of ‘assured returns’; and secondly, Russia DID NOT COLLAPSE under financial Armageddon. The ‘dollar Ponzi’ falls; U.S. markets fall; the dollar falls in value (vis á vis commodities). This scheme might be felled by Russian Resilience – and by much of the planet peeling away into a separate economic model, no longer dependent on the dollar for its trading needs. (i.e., new ‘money in’ to the dollar ‘Ponzi’ turns negative, just as ‘money out’ explodes, with the U.S. having to finance ever bigger deficits (now domestically)). Washington clearly made a stratospherically bad error in thinking that sanctions – and the assumed collapse of Russia – would be a ‘slam dunk’ outcome; one so self-evident that it required no rigorous ‘thinking through’. Team Biden thus has painted the U.S. into a tight Ukraine ‘corner’. But at this stage – realistically – what can the White House do? It cannot withdraw the narrative of Russia’s ‘coming humiliation’ and defeat. They cannot let the narrative go because it has become an existential component to save what it can of the ‘Ponzi’. To admit that Russia ‘has won’ would be akin to saying that the ‘Ponzi’ will have to ‘close the fund’ to further withdrawals (just as Nixon did in 1971, when he shut withdrawals from the Gold window). Commentator Yves Smith has provocatively argued, ‘What if Russia decisively wins – yet the western press is directed to not notice?’ Presumably, in such a situation, the economic confrontation between the West and New Global Order states must escalate into a wider, longer war. Tyler Durden Fri, 01/27/2023 - 21:05.....»»

Source:  nytCategory: world~42 min. ago Related News

: Tyre Nichols, George Floyd and police brutality: Time for a public-union reckoning?

Police unions are top of mind, says Philip Howard, but all labor organizing within the public sector—teachers and transit workers included—needs rethinking......»»

Source:  marketwatchCategory: top~42 min. ago Related News

DOJ Claims Sam Bankman-Fried Tried to Influence Witness Testimony, Asks for Communications Ban

Federal prosecutors wrote a letter to U.S. District Court Judge Lewis Kaplan on Friday, requesting that he modify the conditions of Sam Bankman-Fried’s bail to include ban on private communications with current and former employees of FTX and Alameda Research......»»

Source:  coindeskCategory: forex~58 min. ago Related News

Gwendoline Christie says the "Wednesday" costume designer made her feel like her body was "beautiful"

The former "Game of Thrones" actor said costume designer Coleen Atwood was on the same page with her about creating a ruthless Hitchcock heroine. Gwendoline Christie as Larissa Weems in Netflix's "Wednesday."Netflix Ex-"Game of Thrones" star Gwendoline Christie was excited to play something opposite of Brienne.  Her character in Netflix's "Wednesday" was crafted as subversion of a "Hitchcock heroine." Christie told Vogue in an interview that costume designer Colleen Atwood made her feel "celebrated." "Game of Thrones" star Gwendoline Christie played Larissa Weems in Netflix's hit series "Wednesday," a character whose sleek style was a far cry from Brienne of Tarth's armor. While breaking down 10 of her fashion looks for Vogue, Christie praised the hit show's costume designer for making her feel incredible."I was overwhelmed to have the opportunity to work with Colleen Atwood," Christie said. Atwood and Christie were on the same page from the start when it came to Larissa's visual aesthetic. Atwood thought the look should be inspired by "The Birds" star Tippi Hedren, and Christie had already been dreaming up a ruthless "Hitchcock heroine" style."Colleen and I had these wonderful fittings where she has a laser-like mind," Christie said. "She always made me feel celebrated. She made me feel that my body was beautiful — that I was beautiful, that I wear clothes well, and that my ideas were welcome and relevant."Christie said she had felt ready to play a character that was the total opposite of Brienne of Tarth in "Game of Thrones," who was often looked down upon for her looks and desires to be a woman and a knight. Gwendoline Christie as Brienne of Tarth in HBO's "Game of Thrones."hbo.com"That character was having to overcome a lot of shame regarding the way society treated the character," Christie said. "But this is a character who is bold and assured and proud.While reflecting on her TV costumes and red-carpet looks along with her runway appearances, the 6'3" star said people in the fashion world have welcomed her much more quickly than in Hollywood."It took a long time for me to feel embraced by the acting industry, but the fashion industry did embrace me," Christie said. "For everything about me that society said didn't work. For everything about my loudness, my opinions, my sense of humor, my desire to change and transform, and simultaneously demand to take up space with the body I was born into. You can watch the full video on Vogue's YouTube channel. The first season of "Wednesday" is now streaming on Netflix.Read the original article on Business Insider.....»»

Source:  nytCategory: world~1 hr. 41 min. ago Related News

Here"s why investors should consider putting money in the market now as optimism climbs, according to Vanguard"s head of investor research

"Stay the course," Vanguard's Fiona Greig told Insider. "Don't let volatility and short-term fluctuations cause you to pull out unnecessarily." Fiona Greig, Vanguard's global head of investor research and policy.Vanguard Investors should consider moving cash into the market right now, according to Vanguard's global head of investor research and policy. Retail investors are trading less, which suggests a "stay the course" stance and more upbeat economic outlook, Fiona Greig explained.  In her view, investors can capitalize on the current landscape by increasing their savings rate and leaning more into employer-sponsored retirement accounts. Investors are increasingly holding their positions in the market despite volatility, and that points to optimism for the broader economic outlook, according to Vanguard's global head of investor research and policy, Fiona Greig.There has been lower retail trading activity recently, and that willingness to maintain positions suggests a more upbeat view for stocks, she told Insider in an interview."Yes, there's been volatility, but the longer-term outlook [investors] have for the stock market is stable," Greig said. "So unless they have a particular need to liquidate or pull out, investors are really staying the course, and I think that's good news."In a Thursday note from Vanguard detailing investor behavior trends, data shows that investors in December expected stock returns in the next 12 months of 2.7%, up from a five-year low of 0.6% in October but still more pessimistic than a year ago.And investors' expectations for returns over the next 10 years has been relatively stable, dipping to 7% last month from 7.2% in October, reinforcing Greig's view that near-term market tremors haven't yet deterred the majority of investors. The numbers show it's still a buy-and-hold environment.Investors have turned a bit less anxious about short-term stock returns, as of December 2022.Vanguard"One way to read this is that rate hikes are priced in," Greig said. "Look at December's rate hike, it was a non-event in markets. That suggests to me that markets are expecting a moderation strategy for the Fed. There's some lower expectations for stock market returns in the short term, but we see pretty clear expectations and optimism for returns in the next 12 months, and even 10 years."Ramp up savings rates for 2023Climbing optimism indicates it could be a good time to consider moving cash into markets, which could be done with minimal risk and at a low cost, according to Greig. She said right now there's an opportunity to increase your savings rate and ramp up the allocation of funds."I would make sure to take advantage right now of employer-sponsored retirement plans," she said. The investment strategist added that it's important not to let volatility spook you into changing your strategy or shedding positions. Choppiness should be expected after a brutal year like 2022, she explained, and the ongoing debt ceiling standoff could bring further uncertainty."Stay the course," Greig said. "Don't let volatility and short-term fluctuations cause you to pull out unnecessarily."Read the original article on Business Insider.....»»

Source:  nytCategory: world~1 hr. 41 min. ago Related News

Biden "outraged" after release of "horrific" videos showing Memphis police officers beating Tyre Nichols

"Like so many, I was outraged and deeply pained to see the horrific video of the beating that resulted in Tyre Nichols' death," Biden said. President Joe Biden speaks at the White House on January 12, 2023.AP Photo/Andrew Harnik President Biden released a statement on the Memphis police killing of Tyre Nichols on Friday. The City of Memphis released four different graphic videos related to the incident. One video shows officers beating Nichols for minutes on end. President Joe Biden spoke out on Friday moments after the release of several videos showing police officers brutally beating Tyre Nichols, who died from his injuries.On Friday, The City of Memphis released four separate videos related to events surrounding the arrest and beating of Nichols, who died three days after being beaten during a traffic stop on January 7.Biden said in a statement that he was "outraged" by what he saw. "Like so many, I was outraged and deeply pained to see the horrific video of the beating that resulted in Tyre Nichols' death," Biden said. "It is yet another painful reminder of the profound fear and trauma, the pain, and the exhaustion that Black and Brown Americans experience every single day."The videos show five police officers ganging up on Nichols, who initially complied with police during the traffic stop but later flees on foot. One video shows officers taking turns punching, kicking, and kneeing Nichols and kneeling on him before he becomes unresponsive and is taken away in an ambulance.On Thursday, the five officers were indicted on second-degree murder charges.Biden offered condolences to the Nichols family, who he spoke with on Friday, and called on Congress to pass the George Floyd Justice in Policing Act."I spoke with RowVaughn Wells and Rodney Wells, Mr. Nichols' mother and stepfather, this afternoon. There are no words to describe the heartbreak and grief of losing a beloved child and young father," Biden added."My heart goes out to Tyre Nichols' family and to Americans in Memphis and across the country who are grieving this tremendously painful loss."Read the original article on Business Insider.....»»

Source:  nytCategory: world~1 hr. 41 min. ago Related News

Tyre Nichols video released: Protesters say they have demands for Memphis Mayor Jim Strickland

The Memphis Police Department released disturbing footage Friday evening showing the brutal beating of Tyre Nichols. People in Memphis protest the death of Tyre Nichols, who was fatally beaten by police officers.Haven Orecchio, Insider Memphis police released footage of five officers beating Tyre Nichols, who died three days later. Protesters gathered in Memphis on Friday evening, chanting "no justice, no peace." Content note: This story describes police brutality and death and contains graphic videos. Protesters say they have demands for Memphis Mayor Jim StricklandProtesters in Memphis, Tennessee calling for reform after police officers beat Tyre Nichols, who died days later.Haven Orecchio/InisderMEMPHIS, Tennessee — Protesters told Insider's Haven Orecchio that they called Mayor Jim Strickland with demands and will not leave the Memphis and Arkansas Bridge, where the protesters have congregated, until he returns their call.The demands include but are not limited to passing the Data Transparency Ordinance at the city and county levels, tracking law enforcement data, ending the use of unmarked cars and plainclothes officers, and dissolving the SCORPION unit along with other task forces.Biden 'outraged' after release of 'horrific' videos showing Memphis police officers beating Tyre NicholsPresident Joe Biden speaks at the White House on January 12, 2023.AP Photo/Andrew HarnikPresident Joe Biden spoke out on Friday moments after the release of several videos showing police officers brutally beating Tyre Nichols, who died from his injuries days later.On Friday, The City of Memphis released four separate videos related to events surrounding the arrest and beating of Nichols, who died three days after being beaten during a traffic stop on January 7.Biden said in a statement that he was "outraged" by what he saw. "Like so many, I was outraged and deeply pained to see the horrific video of the beating that resulted in Tyre Nichols' death," Biden said. "It is yet another painful reminder of the profound fear and trauma, the pain, and the exhaustion that Black and Brown Americans experience every single day."Read Full Story'It could have been me' a truck driver tells InsiderMEMPHIS, Tennessee — Speaking from the driver's seat of an 18-wheeler trying to merge onto I-55, truck driver Mark told insider he was running out of fuel.He didn't know that he'd run into the protest. If he did, he said, he would have left later.A Black man, he said he doesn't fault the protestors and would "possibly" be out with them if he was from here. He's on his way to Oklahoma with 1,400 miles left."It could have been me," he told Insider. "It's not the first and it won't be the last."Tyre Nichols video: Body cam footage showing brutal police beating by 5 Memphis police officers releasedA portrait of Tyre Nichols is displayed at a memorial service for him on Tuesday, Jan. 17, 2023 in Memphis, Tenn. Nichols was killed during a traffic stop with Memphis Police on Jan. 7.Adrian Sainz/AP PhotoMEMPHIS, Tennessee — The Memphis Police Department released disturbing footage Friday evening showing the brutal beating of Tyre Nichols, with Memphis and other major US cities bracing for protests and civil unrest.The violent footage, from police body cameras and stationary cameras, was released on the department's Vimeo page."You guys are really doing a lot right now," Nichols is heard saying to the officers at the start of the videos, which were released in four parts. "I'm just trying to go home."The beating occurred during a traffic stop in Memphis' Hickory Hill neighborhood on January 7. Nichols, who was 29, died of his injuries three days later. Authorities said Nichols had been stopped by the officers and accused of reckless driving, but Memphis Police Chief Cerelyn J. Davis has since said the department has not found proof to substantiate the reckless driving allegation.Memphis officials and others with access to the video had warned the public of the gruesome nature of the footage in advance of its release on Friday. READ FULL STORYProtesters gathered in Memphis ahead of the video release saying they didn't need to see the footage because they knew 'it was murder'People in Memphis protest the death of Tyre Nichols, who was fatally beaten by police officers.Haven Orecchio, InsiderMEMPHIS, Tennessee — Protesters gathered at Martyrs Park in Memphis, Tennessee, around 6 p.m. local time on Friday evening as the city braced for the release of graphic body camera footage that shows several police officers fatally beating Tyre Nichols.Demonstrators said they didn't need to wait for the video — they already knew Nichols' death was murder.Five officers have been charged with second-degree murder.Approximately hundreds of protesters blocked a long line of 18-wheelers on Old Bridge, chanting "You take our lives, we'll take your money" and "no justice, no peace.Sherri, a Memphis native, told Insider her 28-year-old Black son moved to Germany, and she's glad he's out of the country and away from cops in Memphis. She said she was pulled over on Thursday night and was nervous.When an officer asked her why she was anxious, she responded: "Not all interactions end this way." Read the original article on Business Insider.....»»

Source:  nytCategory: world~1 hr. 41 min. ago Related News

Americans struggling to make car payments is highest since Great Recession

Car repossessions are on the rise as more consumers fall behind on their payments amid an inflation crisis that has squeezed millions of U.S. households......»»

Source:  foxnewsCategory: top~1 hr. 42 min. ago Related News

TikTok aims to win over U.S. skeptics with "Project Texas"

TikTok is offering American regulators greater oversight of its platforms in an effort to remain operational in the U.S. The plan is called "Project Texas.".....»»

Source:  foxnewsCategory: top~1 hr. 42 min. ago Related News

Amazon selling Bay area offices to unwind COVID expansion

E-commerce giant Amazon is reportedly slated to offload an office complex it has in the Bay Area of Northern California. Bloomberg first reported the news......»»

Source:  foxnewsCategory: top~1 hr. 42 min. ago Related News

Tesla rival Lucid"s stock soared 43% on rumors of a Saudi takeover

Shares of luxury electric car maker Lucid Group Inc. rocketed by as much as 98% Friday on an unconfirmed rumor that the Saudi sovereign wealth fund wants to acquire it. Saudi Arabia's Public Investment Fund (PIF) wants to take the Newark company private, according to a rumor posted on deals website Betaville. Although unconfirmed, the report wasn't unthinkable. The PIF already owns more than 65% of Lucid. The company has announced plans to build a major manufacturing plant in Saudi Arabia. And….....»»

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Patti Payne"s Cool Pads: Clyde Hill estate listed at $11.5M secures buyer in 5 days

Brenner Construction built many homes throughout Mercer Island, Medina and Clyde Hill, and this was the final home it built......»»

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Madrona adds former Amazon, Google vet to leadership team

Babak Parviz had career stops at Amazon and Google, where he led the development of Google Glass......»»

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Glendale business featured in national commercial airing before NFC title game

Here's how this new small business in Glendale was picked to be featured in a national commercial promoting the NFC Championship Game on Jan. 29, ahead of Super Bowl LVII in Arizona on Feb. 12......»»

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Jamba Hawaii acquired by Fresh Dining Concepts

Fresh Dining Concepts has purchased the local license of the international juice and smoothie brand from Blue Pacific Management......»»

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Ethan Stowell and others coming to Woodinville"s $700M Harvest development

The $700 million mixed-use project combines 100,000 square feet of retail space with 400 residential units, and a hotel, off NE 145th St......»»

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Secrets to Success: Sean Uezu of Popeyes Hawaii on "lagniappe"

"Whether it’s a business meeting, customer interaction or a conversation with a team member, I strive to go above and beyond to make it a positive experience," Uezu said......»»

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Rubber Bowl stadium in Akron will finally be demolished

More than 40,000 people attended the stadium's grand-opening celebration in August 1940......»»

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Goldman Sachs CEO David Solomon gets 29% pay cut

The reduction comes amid declines in earnings and revenue for Goldman......»»

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Associated Black Charities withdrew from multimillion-dollar federal grant contract

Associated Black Charities, which in 2019 faced scrutiny for its connection to former Mayor Catherine Pugh's "Healthy Holly" book scandal, had been fiscal agent for the Ryan White federal grant program for at least 18 years......»»

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Actions Of FBI, CIA Leave Us In Our Own Truman Show

Actions Of FBI, CIA Leave Us In Our Own Truman Show Authored by Roger Kimball via TheSpectator.com, Stepping out into freedom The FBI and other left-leaning entities have left us in our own Truman Show Given the fire-hose disgorgement of revelations about the behavior of the FBI, the CIA and their infiltration of the mainstream media, there is ample justification for believing that we are living in some dystopian, distinctly unfunny version of The Truman Show. In the movie, the gormless Truman Burbank grows up thinking he is living a normal, happy life in a normal, happy town. Only gradually does he realize that something is amiss. Slowly, piece by piece, the awful truth dawns on him: his entire social world is a fabrication, a gigantic product-placement concession with him as the unwitting MacGuffin. The deception is played for laughs, mostly. There are not many laughs in our Truman Show, the one in which the FBI hatches a fake plot to kidnap Michigan governor Gretchen Whitmer, enlists some pathetic lowlifes to participate, then blows the cover and arrests the saps who joined them. One was just sentenced to sixteen years in the big house, another to nearly twenty. In our Truman Show, various police and intelligence entities, including the FBI and the CIA, are in cahoots with Twitter, Facebook and other social media companies. We wouldn’t have known much about this except for the courageous action of Elon Musk, who everyone thought overpaid to acquire Twitter — $44 billion of the crispest — but who has been demonstrating almost daily that the deal was cheap at the price. The journalists he has given access to Twitter’s files — including Bari Weiss, Matt Taibbi and Michael Shellenberger — have ripped the putrid bandage off a suppurating orifice of deception, lies and politicized interference. Glenn Greenwald provided a meticulously researched summary of that assault on his internet video show “System Update.” The episode in question exposes the FBI’s “propaganda partnership with Twitter.” Senior Twitter officials, Greenwald shows, met regularly with what amounted to FBI handlers. In the end, they “degraded Twitter into little more than a full-on Democratic Party activist machine, all while lying to the public about its function. This was a massive public fraud and 2020 election interference.” Swirl that around in your mouth before swallowing: “a massive public fraud and 2020 election interference.” Forget about people screaming that you are a “conspiracy theorist” disseminating “disinformation.” In truth, you are acting as a documentary reporter. Greenwald’s show aired on December 20 on the new(ish) video platform Rumble. If you don’t know Rumble, you should. It is the free-speech alternative to YouTube, that thoroughly compromised media outlet that is owned by Google, which itself is part of the surveillance apparatus of the regime. The FBI emitted a blustering but ultimately pathetic denial that its hand-in-glove work with Twitter and other outlets was anything but normal investigative activity, designed to keep the public safe and free from “foreign influence” and perfidious “misinformation.” The public centerpiece of this sorry development was the all-hands-on-deck effort — a successful effort — to bury the story about Hunter Biden’s laptop just weeks before the 2020 election. The FBI was there, leaning on Twitter (which didn’t require much pressure) to shove the potentially catastrophic revelation into the oubliette of pseudo-national-security censorship. The story was first reported by the New York Post, the nation’s oldest newspaper and still its fourth largest. That didn’t matter. Twitter suspended the Post’s account and the deep state, abetted by its agents in the FBI, went to work to discredit the story. Presto, that regime media lapdog Politico pumped out a story about how more than fifty — count ’em! — senior intelligence officials dismissed the story as “Russian disinformation.” But it wasn’t disinformation. And it had nothing to do with Russia. On the contrary, its sordid revelations were not just about Hunter Biden and his whores and drug use, but — far more damaging — Joe Biden’s possible role as “the big guy” receiving his 10 percent cut from Hunter’s business deals in China, Ukraine and elsewhere. Those deals, by the way, were secured only because Hunter was able to trade successfully on his father’s name as vice-president. Absent that suppression, there is a very good chance that Donald Trump would have been acclaimed president in 2020. I understand there is a sense in which this is old and familiar news. If Hillary Clinton were in the room, I would expect to her to ask, “What difference at this point does it make?” The answer is “a lot.” Yes, we’ve had warnings about what is happening now at least since Dwight Eisenhower, who in his farewell address, warned about the rise of a “military-industrial complex” whose unprecedented size and technological power could “endanger our liberties” and democracy. Greenwald touched on Eisenhower’s warning in his video. He also mentions Senator Frank Church, who in the 1970s warned that “the technological capacity that the intelligence community has given the government could enable it to impose total tyranny” on American society. We’re past the point where stage lights are falling out of the sky and landing at Truman Burbank’s feet. The question is: will we muster the wit and the courage to step out into freedom? Tyler Durden Fri, 01/27/2023 - 18:26.....»»

Source:  nytCategory: world~3 hr. 30 min. ago Related News

Democrats Hate Being Held To Their Own Standards: Committee Assignments Edition

Democrats Hate Being Held To Their Own Standards: Committee Assignments Edition Authored by Guy Benson, op-ed via Townhall.com, Back in 2016, with a presidential election underway, I made the case that Senate Republicans should force Democrats to live under their own power-hungry rules.  They should do so, I said, by applying the Joe Biden and Chuck Schumer standards to the newly-created Supreme Court vacancy, following the death of the late great Justice Antonin Scalia.  Then-Majority Leader Mitch McConnell did precisely that, holding the seat open until after the election, paving the way for President Trump's trio of superb SCOTUS nominations.  The Democrats got red in the face and stomped their feet, but after decades of hyper-partisan, unilateral escalations in the judicial confirmation wars, they were merely getting a taste of their own medicine.   When Democrats attempted to filibuster Neil Gorsuch's nomination to fill that seat, I urged Republicans to enact the Harry Reid standard and change the Senate rules to confirm Gorsuch.  They did so, thus fulfilling McConnell's famous prophesy that his colleagues across the aisle would come to rue the day they'd nuked the filibuster on executive and judicial nominations, for short-term partisan gain (eliminating a tool of the minority they'd abused for years while it benefited them).  In Washington, no one squeals louder than a Democrat held to his or her own standards.  A few Democrats mumbled about 'regrets' after their GOP colleagues pressed the Reid Rule button, but nearly all Senate Democrats now favor doubling down even further by jettisoning the legislative filibuster, which they've called a racist vestige, even as they've repeatedly used it themselves.  Expect some of them to change their tune if and when they lose the Senate majority in 2024.  They never fully learn, which is why the teachable moments need to be clear and painful for them. Which brings us to the current contretemps over committee assignments in the House of Representatives.   Democrats are hopping mad that Speaker Kevin McCarthy is moving to boot Adam Schiff and Eric Swalwell from the House Intelligence Committee, and that Ilhan Omar may be stripped of her slot on the Foreign Affairs Committee.  We'll see if he has the votes to do so. [ZH: he did and they were stripped of their positions] In the last Congress, Democrats -- then in the majority -- stripped two Republicans of their committee assignments, due to offensive statements they'd made.  Dozens of House Democrats, led by the Squad, agitated for another GOP member to lose her committees, as well.  At the time, nearly every Republican in Washington, including many of those not inclined to defend their sanctioned colleagues, warned that if Pelosi and her party went down this path, the shoe would end up on the other foot.  If Democrats wanted break with tradition and wrest certain committee assignment decisions from the minority party, they would be answered in kind at the earliest opportunity.  And here we are.  In case you missed it, McCarthy was badgered about his decisions on this front by a journalist this week, using George Santos as the hook for her objections.  Conservatives quickly started circulating his response, which Julio wrote up yesterday: Wow. McCarthy responds to a question about removing Schiff and Swalwell from the Intelligence committees and Santos. pic.twitter.com/f00hE2K21K — Henry Rodgers (@henryrodgersdc) January 25, 2023 As I said on Fox Business, some of this is the 'play stupid games, win stupid prizes' effect.  If Democrats didn't want Republican leaders to pick and choose which of their members could serve on certain committees, they should have left those decisions to the GOP in the last Congress.  Once the die was cast on the other side, it became inevitable that reprisals would follow: NEW HOUSE RULES: Speaker McCarthy formally kicks Congressman Schiff and Swalwell off Intelligence Committee @guypbenson reacts on @Varneyco #FoxBusiness #McCarthy pic.twitter.com/WbhnkvRhL3 — The Guy Benson Show (@GuyBensonShow) January 25, 2023 And because politicians will always find justifications for their moves beyond "they asked for it," there are substantive reasons behind each of these decisions.   Omar is an unrepentant bigot.   Swalwell is a smarmy mud-flinger who 'became close' with, and was allegedly compromised by, a Chinese spy.  He cites news 'fact checks' in his defense, but McCarthy says the FBI briefing he received on the underlying intelligence vindicate his call to keep the California Democrat away from sensitive national secrets.   And Adam Schiff used his top perch on the Intelligence Committee to wage partisan war, including repeatedly lying about Trump-Russia "collusion," even after that explosive claim had been debunked by the Mueller investigation.  Schiff is angry.  Maybe he should have lied less, and maybe he should have told his party not to travel down this path, given the guaranteed tit-for-tat that would ensue   If Democrats hadn't meddled in the House GOP's affairs last Congress, McCarthy would probably have let things lie, despite the case against all three (would-be) booted members.  But Pelosi and company pried open this Pandora's box, and now they may have to live with the results.  Enjoy. Tyler Durden Fri, 01/27/2023 - 19:05.....»»

Source:  nytCategory: world~3 hr. 30 min. ago Related News

: Tech stocks are having their best January in decades — here’s why that may not be a good sign

Technology stocks are on quite a tear to start 2023, but that could actually be an ominous signal......»»

Source:  marketwatchCategory: top~3 hr. 30 min. ago Related News

: S&P downgrades Bed Bath & Beyond, says beleaguered retailer has ‘insufficient funds’ to repay its financial obligations

“We expect the company will experience a general default and pursue a comprehensive debt restructuring,” says S&P Global Ratings......»»

Source:  marketwatchCategory: top~3 hr. 30 min. ago Related News

Earnings Outlook: AMD earnings face even more scrutiny after ‘astonishingly bad’ Intel outlook

Advanced Micro Devices Inc. gets to show Wall Street in the coming week if it "certainly" did end 2022 in a better place......»»

Source:  marketwatchCategory: top~3 hr. 30 min. ago Related News

Key Words: California reparations push needs to be a ‘game-changer,’ author of bill says

California Secretary of State Shirley Weber spoke to the state's groundbreaking reparations task force Friday at the beginning of a meeting in San Diego......»»

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Group of unions call on Disney workers they represent to vote against contract offer

A group of unions on Friday said that the Walt Disney World workers they represent should vote against the contract offer from the entertainment company......»»

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WazirX Says Binance Lied About Ownership as Dispute About India’s Largest Exchange Escalates

The back-and-forth about the ownership of WazirX could have a devastating effect on the Indian exchange and its users......»»

Source:  coindeskCategory: forex~3 hr. 57 min. ago Related News
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Massachusetts Sold $4B In Cannabis Since Sales Began In Nov 2018, Not Bad For A Weed

More than $4 billion worth of cannabis products have been sold in Massachusetts since the first two cannabis retailers opened in November of 2018, the Cannabis Control Commission (CCC) announced on Friday. The industry has blossomed to 265 cannabis retailers and 14 delivery companies in these past several years.  read more.....»»

Source:  benzingaCategory: blog~3 hr. 58 min. ago Related News
Source:  benzingaCategory: blog~3 hr. 58 min. ago Related News

LG G2 4K OLED TV review: One of the best high-end TVs you can buy

The G2 is LG's best 4K TV, and it has exceptional performance. The OLED panel is brighter than past models and it can sit nearly flush with your wall. When you buy through our links, Insider may earn an affiliate commission. Learn more.The LG G2 is the company's flagship OLED TV.Amazon LG's G2 OLED is one of the best high-end 4K TVs on the market.  The display delivers gorgeous picture quality with a brighter image than a typical OLED. It looks stunning when hanging on a wall, but you have to pay extra if you want a regular stand. LG OLEDs are consistently ranked among the best TVs on the market. And the company's current premium display, the G2, is its most impressive to date. The set's comprehensive picture quality features and elegant design make it the most advanced OLED in LG's lineup. With a brighter picture than previous models, it goes toe-to-toe with other flagship sets from Samsung and Sony, while offering a few perks of its own that could make it the ideal high-end TV for your living room. After testing the display, here's why we think it's one of the best premium TVs you can buy. What worksPicture quality that rivals other top OLED TVsRobust smart TV features  and voice control optionsGorgeous gallery design is perfect for wall mountingAvailable in extra-large 77- and 83-inch screen sizesWhat needs workStill can't get as bright as the best QLED TVsColor performance can't quite match displays with quantum dotsLike all OLED TVs, there is some risk of burn-inDoesn't include a standThe G2 has an elegant design but it's definitely best to wall mount itYou need to buy a stand separately if you want to put the G2 on an entertainment console.Steven Cohen/InsiderThe G2 is branded under LG's "Gallery Series," which means it has a thin, uniform profile that's designed to hang on your wall with virtually no gap. And it looks gorgeous when properly mounted.That said, not everyone wants to put their display on a wall. Unfortunately, the G2 doesn't come with a stand at all, so if you do want to put the TV on an entertainment console, you'll need to purchase a stand separately ($150). Since the G2 is already pricey on its own, this is a bit disappointing.For review purposes, however, LG did provide us with the stand so we could easily set it up for testing. The pedestal-style stand looks nice enough, but the display loses some of its design appeal when it's not mounted. This shouldn't bother buyers who are primarily focused on picture quality, but it's clear the G2 is really meant to be hung on a wall. The advanced OLED panel delivers on its promise of a brighter screenThe G2 provides gorgeous HDR picture quality.Steven Cohen/InsiderOf course, a high-end design is meaningless if the TV's picture performance can't match its premium style. Thankfully, the G2 is simply stunning. The TV uses LG's "OLED evo" panel, which the company claims provides a 30% increase in brightness over a regular OLED screen. It delivers.When testing the TV with an X-Rite i1Display Pro Plus Colorimeter using the Filmmaker Mode preset, we measured a peak brightness of around 1,000 nits. This is a big deal for two reasons. First, regular OLED displays have had a hard time pushing past 800 nits. Second, many HDR movies are mastered with a peak of 1,000 nits in mind, so the G2 can get closer to the intended range of brightness.It's important to keep in mind that this peak is only attainable in smaller highlights, but it's still impressive for an OLED and it makes a noticeable difference when watching our usual assortment of HDR testing material.Black levels are deep and precise, with the opening of "The Matrix" revealing good shadow detail mixed with impressive bursts of brightness. The climactic battle in "Aquaman" is a genuine feast of color on the G2, and the image appears punchier than a typical OLED.Images on the G2 maintain great contrast and color even when viewing from an angle.Steven Cohen/InsiderLike most OLED TVs, viewing angles on the G2 are also fantastic, which means the image won't wash out when sitting to the side of the display. Uniformity is solid as well, and we didn't detect any major issues with vertical banding in dark scenes, which is a common issue with OLEDs.That said, there is some noticeable banding during a test scene we use on the 4K Blu-ray edition of "Ex Machina." The sequence features two characters taking in a room that's filled with red light. The red tones in the background and faces of the characters do appear a bit blocky instead of smooth. We see this same issue on many TVs when playing this scene, but some displays handle it better than the G2, including the Samsung S95B.  Instances of banding like this are rare, and we didn't detect any other notable occurrences when watching 4K Blu-rays on the G2. 4K streaming material also looks exceptional, and even HD streams and cable broadcasts upscale nicely on the set. You're likely to notice more defects in lower quality material, but the TV's processing does a good job minimizing these flaws.The G2 is missing quantum dots, but you probably won't noticeThe G2's color performance is fantastic, even without quantum dots.Steven Cohen/InsiderThough Sony and Samsung have both jumped on the quantum dot bandwagon with their latest high-end OLED TVs, LG hasn't adopted this feature. Quantum dots are special nanoparticles that enable a TV to produce a wider and brighter range of colors. The tech has been used in LCD displays for years, often branded as QLED TVs, and 2022 was the first year quantum dot OLED TVs hit the market. Sony's A95K and Samsung's S95B are both examples of OLED TVs that benefit from quantum dots, but the difference isn't exactly night and day compared to the G2. In fact, the G2 can still produce nearly 100% of the DCI-P3 color gamut, which is the range of color needed to take full advantage of most 4K HDR movies and shows. However, where quantum dots do offer a bigger advantage is in overall color volume. This means that while the G2 does well with dark colors, it can't display bright colors with as much pop and accuracy as a high-end OLED from Samsung or Sony.  That said, we can't say it ever feels like we're missing anything when watching TV on the G2. Side-by-side comparisons with a Samsung S95B or Sony A95K will surely reveal their benefits, but most people will be hard-pressed to notice the G2's lack of quantum dots during regular viewing. Buyers who want the absolute best color will get a technically superior image with Sony or Samsung's offerings, but we don't think the G2's lack of quantum dots should be weighed too heavily when deciding between these three high-end sets. It's packed with smart TV and gaming features, but navigation could be snappierLG's webOS interface is easy to navigate.Steven Cohen/InsiderWhen it comes to smart TV features, the G2 has all the essentials. LG's webOS platform offers access to every major streaming service and a ton of free streaming channels. The TV also supports Amazon Alexa, Google Home, and HomeKit for comprehensive smart home integration. The included Magic Remote has built-in Alex and Google Assistant voice control, so you can choose your preferred voice assistant, and there's a hands-free option that uses microphones built into the TV. The remote features click-button controls as well as a pointer feature that lets you navigate menus by pointing it at the screen. In general, the G2's interface works well but LG has redesigned the system a bit. Instead of a pop-up menu, webOS now has a traditional home screen to access apps and services. On the one hand, we do like having a central base to return to when we're deciding what to watch, but the old pop-up menu was more convenient for quickly switching between services.Navigation and app loading times are solid, but some lag pops up here and there. Most notably, there's often a bit of a delay when pulling up some of the TV's settings menus. This isn't a huge deal, but for such a premium TV, we expected a slightly smoother experience.The G2 also comes packed with all of the current-gen gaming features you could want, including support for high frame rate, variable refresh rate, and low input lag. There's even a Game Optimizer dashboard that allows you to easily pull up and adjust gaming settings when you play. LG G2 4K OLED TV specs at a glanceSpecLG 65-inch G2 4K OLED TVResolution:3840x2160pHDR formats:Dolby Vision, HDR10, HLGPanel type:OLED EvoRefresh rate:120HzGaming features:NVIDIA G-Sync, FreeSync Premium, VRR, ALLMHDMI ports:Four HDMI 2.1 portsRemote:Magic Remote with LG ThinQ, Alexa, and Google AssistantDimensions:56.7" (W) x 32.3" (H) x 1.0" (D) without standWeight:50.3 poundsShould you buy it?The G2's picture performance is simply stunning.Steven Cohen/InsiderIf you're in the market for a high-end TV that delivers stunning picture quality and a stylish design, the LG G2 OLED should be on your shortlist. When it comes to OLED competitors, you're really looking at two other options in this class: The Samsung S95B and the Sony A95K. Though the Sony and Samsung models do have better color, the G2 delivers similar contrast and brightness, and it's the only one currently available in 77- and 83-inch sizes, which makes it the best extra-large premium TV on the market. The G2 also offers Dolby Vision support, which the Samsung lacks, and it's usually much cheaper than the Sony.   It's also a particularly good option for buyers who want to mount their TV thanks to its gallery design that lets it sit nearly flush with your wall. However, we do wish you didn't have to pay extra to get a regular stand.It's important to note that LG is set to release a 2023 version of this TV, called the G3, later this year. The G3 will likely launch in the spring or summer and it promises an even brighter picture. But the G3 is expected to cost considerably more than the G2. The 65-inch G3 will likely hit stores at around $3,200, which is what the G2 launched for last year. Given that the 65-inch G2 now sells for around $2,000, we think this model will remain the better overall value for most shoppers. Read the original article on Business Insider.....»»

Source:  nytCategory: deals~4 hr. 42 min. ago Related News

The AFC Championship game kicks off January 29 with the Chiefs facing the Bengals — here"s how to livestream the game

Joe Burrow and the Bengals takes on Patrick Mahomes and the Chiefs in the 2023 AFC Championship. The game starts at 6:30 p.m. ET on January 29. When you buy through our links, Insider may earn an affiliate commission. Learn more.Joe Burrow dives for a first down against the Tennessee Titans.AP Photo/Mark Zaleski The 2023 AFC Championship game will air January 29 at 6:30 p.m. ET on CBS. The Cincinnati Bengals will visit the Kansas City Chiefs to decide which team competes in the Super Bowl. You can stream the game with Paramount Plus, which costs $5 a month. The AFC Championship game features the Kansas City Chiefs and Cincinnati Bengals for the second consecutive year; the game will air on CBS at 6:30 p.m. ET on January 29, with the winner moving on to Super Bowl LVII in Arizona next month.The Kansas City Chiefs earned the top seed in the AFC playoffs during the regular season and will play in their fifth consecutive Championship game on Sunday. Quarterback Patrick Mahomes is expected to play through a high ankle sprain he suffered in the Chiefs' divisional round game against the Jacksonville Jaguars last week. The Chiefs last won the Super Bowl in 2020 and lost to Tom Brady and the Buccaneers in 2021.The Cincinnati Bengals defeated the Chiefs to reach the Super Bowl in 2022 and the team plans to repeat the achievement on the road in 2023. Bengals quarterback Joe Burrow has yet to lose against the Chiefs and successfully led a comeback in last year's championship game. The Bengals improved their regular season record after reaching the Super Bowl and can solidify their place as perennial contenders with another win over the Chiefs.How to watch the AFC Championship game without cableYou can watch the AFC Championship game on CBS at 6:30 p.m. ET on January 29. CBS is available for free via over-the-air TV with an antenna, and you can stream the channel with several different services. If you already pay for cable or satellite TV, you can use your login information to stream the game online at CBS.com or with the CBS app.If you don't have a TV provider, the cheapest option available to stream the AFC Championship game is via Paramount Plus. Plans start at $5 a month and offer access to live NFL games on CBS. CBS is also available to stream on live TV services like YouTube TV, FuboTV, and Hulu + Live TV. These options start at $65/month.If you're only worried about being able to stream the AFC Championship on your phone or tablet, NFL+ offers streaming on mobile devices for $5 a month. You won't be able to watch the game to a TV, but it's a cheap way to stream on the go.When is this year's Super Bowl? Super Bowl LVII is scheduled to kick off on February 12 at 6:30 p.m. ET on Fox. The game is being held at State Farm Stadium in Glendale, Arizona, the home field of the Cardinals.Read the original article on Business Insider.....»»

Source:  nytCategory: deals~4 hr. 42 min. ago Related News

Feds seized a party boat, a Rolls Royce, and a motorcycle from a man accused of using COVID loans to buy his way into a Texas yacht club

Michael George McQuarn submitted 10 PPP loans under four different business names, including one titled "Cool Kids Entertainment Group, LLC." The Rolls-Royce Ghost Black Badge.Alex Goy A deceased Texas man had his party boat, Rolls Royce, and yacht club membership seized by the feds. He secured the goods through a COVID PPP loan fraud scheme, seeking $23 million, feds alleged. Between April 2020 and May 2020, he received almost $1 million in PPP loans and started spending. A Texas man's 26-foot party boat, Rolls Royce, and yacht club membership were repossessed by the federal government after he had embezzled millions in a COVID fraud scheme, prosecutors said.Austin, Texas, resident Michael George McQuarn was indicted in late May 2020 and pleaded guilty in federal court in February 2022 to a count of conspiracy to commit wire and bank fraud, according to court filings from Monday first reported by CourtWatch.McQuarn agreed to hand over the items he bought with some of the $23 million in COVID PPP loans he tried to secure, which included a Rolls Royce and a sizable boat.Prosecutors alleged that McQuarn, who died in October 2022, worked together with a few people to enrich themselves, attempting to game the PPP loan process which allowed small businesses affected by the COVID-19 pandemic to secure federal funds to stay afloat. Business owners were able to have the principal and interest on the loans forgiven by the federal government.McQuarn and his associates were able to secure at least $956,310 of the over $23 million that they had requested, and McQuarn wasted no time using the money, prosecutors said. McQuarn fabricated bank documents, made false statements, and faked payroll expenses, lying to the Small Business Administration about the amount of employees he had. They added that he also stole information from other employers in his scheme.Between April 25, 2020, and May 15, 2020, McQuarn submitted 10 PPP loans under 4 different business names, including one titled "Cool Kids Entertainment Group, LLC," while his co-conspirator submitted fraudulent loans through a business titled "Keeping it Tasty."McQuarn used $333,000.00 to purchase of a 26-foot Pavati Wake Boat and a Wake Boat Trailer, and on May 28, 2020, he purchased a Rolls Royce Dawn for $241,392.00, federal lawyers wrote in the filing.  McQuarn also purchased a $10,000 yacht club membership and paid off his car loan for a 2015 Triumph Bonneville, and dumped the rest of the money into different bank accounts. By June 2020, federal investigators had caught up to McQuarn and his associates, seizing all of the money and luxury items that they had amassed in their scheme.Ultimately, McQuarn's 2015 Triumph Bonneville also became the property of the federal government.Read the original article on Business Insider.....»»

Source:  nytCategory: deals~4 hr. 42 min. ago Related News

LARRY KUDLOW: Biden"s polls will sink even more with this kind of fearmongering

FOX Business host Larry Kudlow calls out President Joe Biden's leadership and examines the state of the American economy on Friday's "Kudlow.".....»»

Source:  foxnewsCategory: top~4 hr. 42 min. ago Related News

Projects to Watch: Why we"re following these 6 projects this year

Across the region, big projects are either just getting started or are slated for 2023 groundbreakings......»»

Source:  bizjournalsCategory: top~4 hr. 42 min. ago Related News

Disney kicks off 100th anniversary with new Disneyland ride and entertainment (PHOTOS)

The resort also is debuting new nighttime shows "World of Color — One" and "Wondrous Journeys.”.....»»

Source:  bizjournalsCategory: top~4 hr. 42 min. ago Related News

Boeing meets hiring goals at Renton factory with lots riding on 737 production

Boeing has set "ambitious" goals for 737 and 787 lines this year, despite ongoing supplier constraints......»»

Source:  bizjournalsCategory: top~4 hr. 42 min. ago Related News

Casey Lynch and her Cortexyme team regroup at Lighthouse for another shot at Alzheimer"s and more

The South San Francisco company is focused on a common mouth bacteria it says is responsible for inflammation in the brain's of Alzheimer's patients......»»

Source:  bizjournalsCategory: top~4 hr. 42 min. ago Related News

S.F. investigation concludes that Twitter must fix paperwork for bedrooms at HQ

While the converted bedrooms appear to have been reduced to merely a bureaucratic issue, Twitter is facing perhaps bigger problems in its hometown of San Francisco......»»

Source:  bizjournalsCategory: top~4 hr. 42 min. ago Related News

Old Town Brewing"s new label design reflects owners hopes for Portland neighborhood

Portland's White Stag represents different things to different people, but to the owner of Old Town Brewing, Adam Milne, it symbolizes the strength of the city he knows and loves. That’s why on Old Town Brewing’s new can designs, the White Stag takes up more than half of it......»»

Source:  bizjournalsCategory: top~4 hr. 42 min. ago Related News

Food tenants for new Delmar project to be unveiled Wednesday. This brewery will be one of them.

This brewery owner had been thinking about opening a distillery when he saw a Facebook post advertising the a new development project taking place on Delmar and reached out to the developers. His distillery will open in September......»»

Source:  bizjournalsCategory: top~4 hr. 42 min. ago Related News

Editor"s notebook: Celebrate Black History Month with a Word is Bond walking tour

Last February I got to know my city a little better, courtesy of two Word is Bond ambassadors. Word is Bond is a Portland-based organization — and a 2022 Portland Business Journal nonprofit partner — founded by Lakayana Drury. The objective of Word is Bond is to empower rising Black men to be leaders in their communities. Last year, Drury and his team launched the "In My Shoes" storytelling project, in which Word is Bond youth led tours through their neighborhoods, pointing out landmarks….....»»

Source:  bizjournalsCategory: top~4 hr. 42 min. ago Related News

New Seasons CEO Nancy Lebold on food trends, safety and "organized retail crime"

The Portland grocery CEO spoke at a recent Business Journal Power Breakfast......»»

Source:  bizjournalsCategory: top~4 hr. 42 min. ago Related News

The future of Intel"s dividend is doubted after its dismal earnings report

Difficult market conditions, competitive pressures weigh on chipmaker......»»

Source:  bizjournalsCategory: top~4 hr. 42 min. ago Related News

The "Great Reset" & The Future Of Money... Here"s What You Need To Know

The "Great Reset" & The Future Of Money... Here's What You Need To Know Authored by Nick Giambruno via InternationalMan.com, International Man: What is the idea behind the so-called “Great Reset?” Nick Giambruno: We’ve seen countless examples of the self-identified elite in the West using that term. But let me first ask, who put these people in charge? Who anointed them the leaders of the world? They’re not only talking about resetting the financial system but dramatically changing the nature of life. I think something sinister is going on, and they’re not even trying to hide it anymore. It’s all in the open now. So, let me try to summarize something incredibly complex. These people recognize the current international monetary system based on the US dollar is on its way out. Even Jerome Powell, the Chairman of the Federal Reserve, acknowledges that the US dollar’s supremacy is fading. Although they would prefer to continue milking the current system, they realize it’s failing and the need to bridge the gap to a new system which they hope to control. Nobody knows what the next international monetary system will look like—not even the elites. However, they know what they want it to look like. They want a complete control grid with central bank digital currencies (CBDCs), movement licenses, mandatory medical procedures, and a social credit system, among other nasty things. Simply put, the Great Reset agenda is a high-tech, totalitarian, global panopticon. In short, they want total control over you in all domains—a new feudalism. They’re emotionally manipulating people with fear and false narratives into accepting things they ordinarily wouldn’t—like their enslavement. That’s what their Great Reset agenda is all about. It’s self-evidently anathema to personal freedom, human dignity, and self-determination. Whether the self-proclaimed elites get all or some of those things is an open question. The best scenario for mankind would be for most major governments to go bankrupt—which they are well on their way to—before they can implement the Great Reset agenda. International Man: It seems changing the money so that governments can have more control over people is a big part of this plan. How do you see it? Nick Giambruno: I see it like this. Don’t let any government, whether it’s the US government, the Chinese government, or a global government entity like the IMF, tell you what money is. Money does not need to come from the government. That’s a total misnomer that the average person has been brainwashed into believing. It would be similar to transporting yourself back in time and asking the average person in the Soviet Union, “Where do shoes come from?” They would say, “Well, the government makes the shoes. Where else could they come from? Who else could make the shoes?” It’s the same mentality here regarding money today—except it’s much more widespread. The truth is money doesn’t need to come from the government any more than shoes do. People have used stones, glass beads, salt, cattle, seashells, gold, silver, and other commodities as money at different times. However, for over 2,500 years, gold has been mankind’s most enduring form of money. Gold didn’t become money by accident or because some politicians decreed it. Instead, it became money because countless individuals throughout history and across many different civilizations subjectively came to the same conclusion: gold is money. It resulted from a market process of people looking for the best way to store and exchange value. So, why did they go to gold? What makes gold attractive as money? Here’s why. Gold has a set of unique characteristics that make it suitable as money. Gold is durable, divisible, consistent, convenient, scarce, and most important, it’s the “hardest” of all physical commodities. In other words, gold is “hard to produce” relative to existing stockpiles and the one physical commodity most resistant to inflation of its supply. That’s what gives gold its monetary properties. Bitcoin shares many of gold’s monetary characteristics. Like physical gold, Bitcoin does not have counterparty risk, and nobody can arbitrarily inflate the supply. Here’s the bottom line. I would encourage people to be sovereign individuals and recognize what works best for them as a vehicle to store and exchange value, rather than thoughtlessly accepting whatever the government gives them as money. International Man: What makes government money dangerous? Nick Giambruno: Governments reap enormous power from their racket of printing fake money out of thin air and forcing their citizens to use it. Whether it’s Venezuela, Lebanon, Argentina, or the US, it’s the same scam. It allows governments to act like vampires and feast on their citizens’ savings. Imagine if you had that kind of immense power? You could create something with little to no effort and then force everyone else to accept and use it as money. You could create paper wealth out of thin air and cut your enemies off from the economy. You’d be very powerful. That’s why all governments treasure their monopoly on money. Remember, government money is political money. It’s a potent tool to steal from and control you. Remember what happened to the truckers in Canada in early 2022? With no due process or judicial review, the Canadian government seized their bank accounts at the flip of a switch. The government granted itself the power and made it a simple administrative task. We will see many more of these kinds of actions—and more severe ones—soon. International Man: What can the average person do about this? Nick Giambruno: I’ve studied money, monetary policy, and monetary history. I’ve been to Zimbabwe, Argentina, Lebanon, and other countries that have experienced hyperinflation. In my view, the most important attribute of money is that it is hard to produce—its “hardness.” In other words, something that is resistant to inflation of its supply. Think of money like a claim on human time. It’s like stored life or energy. Would you want to put that in something that somebody else can create with no effort or cost? Of course, you wouldn’t. It would be like storing your life savings in Chuck E. Cheese arcade tokens or airline frequent flyer miles. Putting your savings into government currencies isn’t that much different. What you want to do is to put your money into something that someone else cannot make easily. Here’s the bottom line. The vast majority of humanity does not understand what makes for a good money. Instead, they’ve been hypnotized into believing something inferior—the scraps of paper or digital entries that governments can create with no effort—is good money. It’s a sad state of affairs and one of the biggest swindles in human history. To enact their Great Reset agenda, the elites count on the average person not understanding the issues around money. They are relying on people blindly swallowing their poisonous CBDCs. The most effective thing the average person can do to fight against this agenda is not to store their life force in government currencies. That way, the government—and the elites behind them—cannot use inflation to siphon off your monetary energy to fund their nefarious plans. The idea is to put a meaningful portion of your savings into hard assets, apolitical, neutral money that has no counterparty risk and is resistant to inflation. I put physical gold coins in your possession, as well as Bitcoin, in that category. But only Bitcoin where you control the private keys and do not depend on the permission of a third party—like an exchange or custodian—to access your money. There’s much more to cover… *  *  * I have more details in an urgent PDF report I just released on where this is all headed. It includes how to protect yourself and the best ways position yourself for big gains no matter what happens. It’s called “The Most Dangerous Economic Crisis in 100 Years… the Top 3 Strategies You Need Right Now.” Click here to download the PDF it now. Tyler Durden Fri, 01/27/2023 - 16:28.....»»

Source:  nytCategory: deals~4 hr. 58 min. ago Related News

Eight Killed, Ten Wounded In Jerusalem Synagogue "Terror Attack"

Eight Killed, Ten Wounded In Jerusalem Synagogue "Terror Attack".....»»

Source:  nytCategory: deals~4 hr. 58 min. ago Related News

Truckers" Positive Drug Tests Up 18% In 2022

Truckers' Positive Drug Tests Up 18% In 2022 By John Gallagher of FreightWaves, The latest data from the Drug and Alcohol Clearinghouse reveals that drug use among commercial drivers may be at its highest level since the federal repository was set up in 2019 — but more are being cleared to drive again as well. Total drug violations reported into the clearinghouse in 2022, including positive tests and refusals to take a drug test, increased 18% to 69,668 compared with last year’s 59,011, according to the most recent statistics released this week by the Federal Motor Carrier Safety Administration. That rate almost doubled the 9.2% annual increase in drug violations reported in 2021. Much of the increase can be attributed to violations related to marijuana, the substance identified most in positive tests. Marijuana violations increased 31.6% in 2022 compared with 2021, to 40,916. That compares to a 5.3% increase between 2020 and 2021. In fact, positive drug tests reported into the clearinghouse in 2022 increased in 12 of 14 substances tracked by the database, with only hydrocodone and heroin showing decreases. Some of the increase in total violations can be attributed to the fact that completed registrations from drivers, employers and third-party organizations have been added each year since the clearinghouse began accepting registrations in September 2019. However, the number of registrations added annually has steadily declined since 2020 as the database gradually fills with all FMCSA-regulated registrants. Regarding marijuana specifically, there has been speculation that increasingly liberal state marijuana laws could also be a factor — even though federal law preempts state law regarding the use of both medicinal and recreational marijuana by commercial drivers. “While the numbers are a little jarring, it is clear the clearinghouse is working as intended,” P. Sean Garney, co-director of Scopelitis Transportation Consulting, which specializes in truck safety, regulations and compliance, told FreightWaves. Garney pointed to data in the report showing that there were double the number of positive tests for preemployment screening versus positive tests taken randomly from drivers last year. “It’s far more common for a driver to test positive in a preemployment environment, and before the clearinghouse, carriers had no way to know if a driver they were considering was prohibited from operating a [commercial motor vehicle] based on that test,” Garney said. “[This data] shows me the system works.” In addition, the data shows that more drivers are getting rehabilitated and reentering the trucking workforce, he said. At the end of 2020, only 12.5% of drivers who had tested positive had been cleared to drive again. In 2021 that number increased to 22.7%, and it increased again in 2022 to 27.6%. Garney also noted that starting on Jan. 6 — after three full years of clearinghouse operation — motor carriers were no longer required to query a driver’s previous employer to request drug and alcohol testing histories, because they are now able to go back three years within the clearinghouse. “Some carriers have been nervous that eliminating the previous employer inquiry might cause them to miss important information about a driver’s drug testing history,” he said. However, with more than 3 million drivers and over 443,000 employers registered, “the clearinghouse is operating at full tilt and as intended, making it a great source of truth for this information. This should make wary carriers feel better about streamlining their procedures by using the clearinghouse.” Tyler Durden Fri, 01/27/2023 - 17:05.....»»

Source:  nytCategory: deals~4 hr. 58 min. ago Related News

Dear Tech Execs, ChatGPT Won"t "Compose Memo Announcing Massive Layoffs"

Dear Tech Execs, ChatGPT Won't "Compose Memo Announcing Massive Layoffs" Tech layoff announcements continue to rise by the week. The latest notable firms to slash headcount to survive tightening monetary conditions and increasing risk of recession include Google, Microsoft, Salesforce, and Amazon. After every announcement, either leaked onto Twitter or published on the company's website is a copy of the layoff memo from the CEO to staff.  Over the last several quarters, we've read dozens of layoff memos from tech CEOs. We notice CEOs are usually blunt and to the point about firings in the first paragraph or draw out the inevitable to the very end.  So far, 219 tech companies have fired 68,149 workers, according to the latest data from the layoff tracker website Layoffs.fyi. Last year, 1,040 tech companies fired 160,000 employees.  With every firing comes a memo to staff. And we wonder just how many corporate execs tried to use OpenAI's text generator ChatGPT to compose a layoff letter -- after all, the AI-powered tool can write college essays, pass exams, and even apply for jobs. So how easy could writing a one-pager about firing employees be? We tested this and asked ChatGPT to "compose a memo announcing massive layoffs."  And it didn't deliver: "I'm sorry, I am not able to compose a memo announcing massive layoffs as it would not be appropriate and could be considered insensitive. Instead, I suggest seeking guidance from a human resources professional or management team to ensure that any communication regarding layoffs is handled in a sensitive and professional manner."  Here's a screenshot of the response.  We couldn't help think of how this worked out before... It appears ChatGPT's AI trainers might have censored such a response. The question is why, well, perhaps it's to protect the view of AI development. If fired employees found out their CEO sent a layoff notice written by AI, that would be negative press for the company and the technology.  This means all those tech execs who are about to fire thousands of more workers in the months ahead might have to actually put some thought into writing such a letter.  Tyler Durden Fri, 01/27/2023 - 17:25.....»»

Source:  nytCategory: deals~4 hr. 58 min. ago Related News

: Tesla stock jumps 11% to best week in a decade

Tesla Inc. stock extended its rally on Friday, pushing weekly gains to nearly 35%, as investors cheered the EV maker's earnings and top executive Elon Musk's assurances that demand is not a problem at Tesla......»»

Source:  marketwatchCategory: top~4 hr. 58 min. ago Related News
Source:  marketwatchCategory: top~4 hr. 58 min. ago Related News

The Moneyist: ‘We just want this to be settled’: My sister-in-law emptied my late mother-in-law’s home. How do we stop our family from pillaging her estate?

‘Do we, given that we are family, have a legal right to access the home? And if there is no outstanding loan on the car, can it be released?’.....»»

Source:  marketwatchCategory: top~4 hr. 58 min. ago Related News

Market Snapshot: U.S. stocks end higher, tech-heavy Nasdaq scores fourth straight week of gains as Fed meeting looms

U.S. stocks end higher, with the technology-heavy Nasdaq Composite leading the way up, as investors assessed fresh inflation data......»»

Source:  marketwatchCategory: top~4 hr. 58 min. ago Related News

The Ratings Game: American Express stock enjoys best day since 2020 after earnings show strong spending in holiday quarter

American Express Co. exceeded $50 billion in annual revenue last year, buoyed by continued strong spending levels among its customer base.....»»

Source:  marketwatchCategory: top~4 hr. 58 min. ago Related News

Proof Reveals Artists Behind Grails III NFT Release, Urging Collectors to Appreciate Digital Art Over Hype

The 20 artists behind the latest installment of the NFT collective’s Grails project, including Matt Kane, All Seeing Seneca and Josie Bellini, were revealed post-mint......»»

Source:  coindeskCategory: forex~5 hr. 41 min. ago Related News

Crypto Markets Today: Bitcoin Holds Steady Above $23K, White House Urges Congress to "Step Up" Crypto Regulation

Also: Polygon’s MATIC token gained 8%, while Arbitrum-based decentralized trading platform Vela Exchange's DXP token surged 26%. Equities closed up......»»

Source:  coindeskCategory: forex~5 hr. 41 min. ago Related News

Chevron"s Wild Week: Charting The Stock"s Ride On Dividend, Buyback News — And Q4 Earnings Miss

If a company offers up some good news the day ahead of an earnings announcement, it has to seem a bit fishy. In other words, why not wait until the following day to alert investors of the planned announcement (earnings) and the other unknown news? Unless, of course, the company is anticipating a negative reaction to the earnings report. read more.....»»

Source:  benzingaCategory: blog~5 hr. 42 min. ago Related News
Source:  benzingaCategory: blog~5 hr. 42 min. ago Related News

NFT Project Azuki"s Twitter Profile Is Hacked

The official Twitter profile of the Azuki NFT project was hacked on Friday, with the hackers posting multiple tweets asking users to claim virtual land. read more.....»»

Source:  benzingaCategory: blog~5 hr. 42 min. ago Related News

Learn How To Safely Facilitate Psychedelic Therapy With These New Training Programs

ATMA Journey Centers Offers Psychedelic Training To Physicians And Prescribers read more.....»»

Source:  benzingaCategory: blog~5 hr. 42 min. ago Related News

Bitcoin, Ethereum And Dogecoin Lag The General Market, But Is A Weekend Surge In The Cards?

Bitcoin (CRYPTO: BTC) was trading slightly higher during Friday’s 24-hour trading session, lagging the general market, which saw the S&P 500 popping up about 0.6% with many tech stocks rocketing higher following read more.....»»

Source:  benzingaCategory: blog~5 hr. 42 min. ago Related News

Elon Musk says his Twitter misadventure has only helped Tesla. Wall Street isn"t buying it.

Elon Musk tried to spin his Twitter dalliances as a good marketing strategy for Tesla, but analysts say it's a costly distraction. Elon Musk acquired Twitter on October 27, 2022.Getty Images Elon Musk said on Wednesday that his tweets are good marketing for Tesla. Wall Street analysts feel otherwise: They're bullish on Tesla, but think Musk is too distracted. Musk's tweets have gotten him in trouble with shareholders and the courts. Elon Musk made a much-awaited appearance at Tesla's fourth quarter earnings call on Wednesday, after the closing bell.True to form, the CEO tweeted from the earnings call in real time, even as he doled out favorable stats on the current state of the company that sought to put to rest the notion that demand for Tesla's cars is flagging: the January order rate is nearly twice the rate of production, Musk said, and the company expects to deliver 1.8 million vehicles by the end of the year. The other Tesla execs showered investors with as many upsides as possible to counteract the negative press surrounding Musk, the carmaker's Technoking. Yet still an analyst wanted to know how the new owner of Twitter was going to mitigate the brand damage brought on by his loose fingers. Musk's response was to mention his 127 million followers on the platform as a sign that he is, in his own words, "reasonably popular" and that "Twitter is an incredibly powerful tool for driving demand for Tesla.""And I would really encourage companies out there of all kinds, automotive or otherwise, to make more use of Twitter," he added. "The net value of Twitter, apart from a few people complaining, is gigantic, obviously."To some degree, the attempt to smooth things over worked, with a number of Wall Street analysts issuing buy ratings on Tesla following the earnings call. Tesla's stock rose over 10% on its fourth quarter earnings results. Investors are momentarily at ease but still cautious of the uncertainty surrounding the economy and, of course, what Tesla's CEO will do next.But they also want it to be known that they're not buying into Musk's spin on his Twitter escapades.Wall Street is bullish on Tesla, but bearish on MuskTesla's $24.3 billion in revenues for the fourth quarter outperformed Wall Street's estimates of $24.2 billion. Another upside was the earnings per share of $1.19, which beat the Street's estimates of $1.13. Tesla took hits on its margins due in part to the price cuts it performed on its vehicle lineup, and from the expansion of its Nevada factories. Goldman Sachs equity analyst Mark Delaney wrote in a note to clients that the company's stock will outperform the market with a price target of $200. However, Delaney asserted that one big challenge to his thesis was a "key person risk," an apparent reference to Musk.John Murphy at Bank of America considers Musk's "regular media updates on Twitter" a headwind for the stock because it serves "as a distraction for TSLA management." All in all, however, Murphy believes the company sits at a fair valuation and took a neutral position on the stock.Dan Ives of Wedbush Securities remains bullish on Tesla. While he's often been a critic of its top brass, seemed to praise Musk for not shying away from the concerns surrounding Twitter, and stated that the CEO is "embracing the complex spider-web relationship between Twitter and Tesla which will have a mixed reaction from investors."Wall Street thinks Twitter is a costly distractionMusk is not wrong in that he and Tesla are reasonably popular on Twitter. Musk's 127 thousand follower count is second to former US President Barack Obama's 133 thousand. Additionally, Tesla, with over 19 million followers, outpaces any other car company's account on the platform. (At a glance, BMW's 2.4 million followers seems the closest.) But how many of Musk's and Tesla's followers converted to sales based on the content coming from those accounts? And how many of those followers are bots, rarely used accounts, or there to gawk at the side show of the CEO billionaire? That's a part of the question Musk did not answer during the call.Whether Musk and company wants to admit it; whatever the Technoking says and does on- and off-line has affected Tesla's brand, and therefore its stock. Tesla's stock price fell not long after Musk announced the Twitter deal and reports revealed that he would use his Tesla shares to help finance the deal. Musk tried to lift the stock by saying he wouldn't use Tesla shares, but that turned into a hard promise to keep. Musk is said to have sold $23 billion worth of Tesla shares last year to support the debt and equity purchase of Twitter for $44 billion.The company's stock fell more after the acquisition finished in October and once again when news of Musk's brutal company restructuring made headlines. By the end of 2022, the stock had lost more than half (62%, to be precise) of its value since April.Musk's tweets have also landed him in trouble with investors and Tesla owners. Last week, he took the stand at a shareholders trial to defend his infamous 2018 "funding secured" tweet. Insider has previously reported that Tesla owners and investors have been so ruffled by Musk's controversial tweets that some have ditched the brand.But Tesla's stock was facing more than Twitter drama last year. The company was dealing with supply-chain issues, inflation, and changes to the Inflation Reduction Act. On top of all that, consumers' pockets were tightening from uncertainty around the future of the economy, causing a slump in demand. As in most things, there's always more to the story — but you can't deny the impact of Musk's Twitter habits, either.Many of the analysts said they're looking forward to Tesla's Investor Day on March 1 where the company will share more about its growth plans. Ives pointed out, the Twitter noise is starting to dissipate and the demand story will be front and center for 2023.Read the original article on Business Insider.....»»

Source:  nytCategory: world~5 hr. 58 min. ago Related News

Pet owners are applying for their furry friends to be the "chief toy tester" at PetSmart – a new position that pays $10K

If you've ever thought your pet needed to start paying bills, PetSmart is hiring two furry friends to become their new Chief Toy Testers. Pet parents are showing off the quirky personalities of their beloved animals in an effort to get PetSmart's attention and a $10,000 payday.SOPA Images/Getty Images Morgan Rachael/Facebook PetSmart announced the new Chief Toy Tester role earlier this month. The CTT must have a social media presence, attend PetSmart events, and test new toys and treats. The deadline to submit your pet's application is Feb. 17 at 11:59 p.m. ET. PetSmart has posted a new position, and dog and cat parents are jumping at the chance to land their pet the gig.In January, the pet supplies chain announced it was looking for one dog and one cat to become the company's first ever "Chief Toy Testers." Like the title implies, the job responsibilities include testing new toys and tasting treats delivered by PetSmart, according to the press release.It's a one-year contract that offers each pet $10,000, quarterly salon treatments, and invitations to PetSmart events throughout the contract. The ideal candidate will have "vast experience in play, a knack for toy testing, and an advanced palate for sampling an array of culinary treats," according to the release.Pet parents have until Feb. 17 to submit an application with a 10- to 30-second clip showing off their cat or dog's personality."The chosen Chief Toy Testers will be selected based on a variety of criteria, but we really want to see pets' unique quirks shine through in their videos," a PetSmart spokesperson told Insider."Of course, we also want to see that pet applicants take playtime, and toy and treats testing just as seriously as we do."Only fully vaccinated pets ages 16 weeks and older are eligible. Owners also must agree to several conditions before submitting the application, including public social media accounts, participating in holiday gift guides, and posting unboxing videos. Since the job announcement, pet parents have been sharing pictures and comments to get their fur babies on the short list.  View this post on Instagram A post shared by PetSmart (@petsmart) "I've already entered my social young cat! He'd be purrfect," an Instagram user commented.Pet influencer accounts flooded the comment section, and many say they'll keep their "paws crossed" in the hopes of being selected. It's unclear whether or not PetSmart will expand the unique ambassador program beyond the two selected pets in the future.Read the original article on Business Insider.....»»

Source:  nytCategory: world~5 hr. 58 min. ago Related News

Bodycam footage of Tyre Nichols" fatal beating will be released today. But many fear video will do more harm than good.

Videos of police brutality can be traumatizing, especially for the Black community. Balancing transparency and mental health is key, experts say. RowVaughn Wells, mother of Tyre Nichols, and Rodney Wells, Nichols' stepfather, at a news conference in Memphis, January 23. The family has urged peaceful protests.Gerald Herbert/AP Images Body cam footage of Tyre Nichols' death is expected to be released Friday evening. Graphic videos of police brutality can be traumatizing, especially for the Black community. Balancing transparency and accountability with trauma is key, experts say. Memphis is bracing for unrest as the public waits for police to release bodycam footage of Tyre Nichols' death.Nichols, a 29-year-old Black man, died three days after he was held at a traffic stop and beaten by Memphis police officers. The police department fired the five officers, who are facing murder charges, and are expected to release video footage of the arrest on Friday evening.But many members of the Black community and police accountability experts fear that video footage can do more harm than good, even if the evidence can provide transparency and accountability in cases of police brutality.RowVaughn Wells, Nichols' mother, has refused to watch the video, and urged parents not to show kids the video when it's released."What I've heard is very horrific, very horrific and any of you who have children please don't let them see it," Wells told the public.Members of the Memphis clergy and activist community have had several meetings with city officials to discuss planning for the release of the video in a way that would minimize any unrest.Balancing transparency and trauma is a difficult but important necessity for advancing justice, according to police accountability experts and lawyers.Video footage can be retraumatizingMembers of the Black community have similarly said they won't be watching the video of Nichols' death, and are urging the public not to share the video. Bodycam footage of police brutality cases are often graphic and can be traumatizing for viewers, especially Black people.—Charity Sadé (@BlckFemmesMattr) January 27, 2023 "It is traumatizing to see, especially for Black people. If it takes watching Black people get tortured & not the fact that we have been screaming forever about the violence from police then they need to figure that sh-t out, but not at the expense of Black people," one Twitter user wrote.Others have shared steps on limiting exposure to graphic video footage.Family and officials who watched the video described it as "heinous" and "inhumane.""It was an unadulterated, unabashed, non-stop beating of this young boy for three minutes," Antonio Romanucci, the Nichols family's attorney, said, likening Nichols to "a human pinata."Citizens in Memphis await the release of video footage of Tyre Nichols' death.Gerald Herbert/AP PhotoBodycam footage does not always prevent police brutalityBody-worn cameras are meant to improve officer safety, increase evidence quality, and protect the public.Research on the effectiveness of bodycams have yielded mixed results: One 2021 report by the University of Chicago Crime Lab and Council on Criminal Justice's Task Force on Policing found that complaints against police dropped 17% and the use of police force fell by nearly 10%, while other studies found no statistically significant differences in either use of force or civilian complaints.In the courtroom, video footage can provide "immeasurably important" evidence in police brutality cases, according to Christopher E. Brown, principal attorney at The Brown Firm, a law firm that litigates cases involving police excessive force.One of the most powerful examples of the significance of video played out in the trial of Derek Chauvin, the former Minneapolis police officer convicted of murder and manslaughter in the killing of George Floyd. Bodycam footage from the police officers involved in Floyd's arrest revealed his death from various angles, and both prosecutors and defense attorneys used the video extensively throughout the case."If there weren't video, you're dealing with the blue line: the officers protecting one another. From their perspective, it's admirable. From our perspective, it's atrocious. The bodycam footage penetrates that line," Brown told Insider.Balancing transparency and accountability with traumaReleasing video footage of police brutality is a way to ensure transparency and accountability for law enforcement, which has an obligation to the public, according to experts."One of the most important things about state violence is that it often happens in public spaces," Lauren Bonds, executive director of the National Police Accountability Project, said. "So it really does go beyond the individual interaction between the police officers in question and the person injured. It's a public issue that all of us should be invested in and care about, and that could impact all of us at some point."Bonds, a Black lawyer fighting to end police brutality, said it's "incredibly valid" that viewing graphic footage can be traumatic, and said she doesn't watch these videos unless her work requires it. Having footage available to the public, however, can provide power to pressure law enforcement to hold officers accountable, Bonds said."It is the responsibility of the people who put these videos out there to give viewers advanced notice and the option to opt out," Bonds told Insider.Regardless of whether members of the public decide to watch the footage, which family attorney Ben Crump said will "evoke strong emotions," the Nichols family remains steadfast in their calls for peaceful protest."This is a special case. We had a special son," Nichols' stepfather Rodney Wells said, adding later, "Please, please protest, but protest safely."Read the original article on Business Insider.....»»

Source:  nytCategory: world~5 hr. 58 min. ago Related News

A defense attorney for one of the Memphis cops charged with fatally beating Tyre Nichols said "no one" "intended" for him to die. Nichols" family isn"t buying that argument.

Antonio Romanucci, a lawyer for Tyre Nichols' family, said the officers' actions were "designed to harm" and called the murder charge "appropriate." Memphis police officers Demetrius Haley, Tadarrius Dean, Justin Smith, Emmitt Martin., and Desmond Mills Jr. are now facing murder charges.Memphis Police Department An attorney for one of the cops charged in Tyre Nichols' death said nobody "intended" for him to die.  But a lawyer for the victim's family told Insider the officer's actions were "designed to harm." Prosecutors say Nichols was brutally beaten by police in Memphis, Tennessee, earlier this month. A defense attorney for one of the five fired Memphis, Tennessee, police officers charged in the beating death of Tyre Nichols said the cops never "intended" for the young Black motorist to die.But a lawyer for Nichols' family said the officers' "actions were designed to kill." William Massey, an attorney for Emmitt Martin III told reporters on Thursday shortly after Martin and four other Memphis Police Department officers were indicted on second-degree murder charges that, "no one out there that night intended for Tyre Nichols to die. No one. No one.""I would just imagine police officers have a very difficult and dangerous job, and sometimes a thankless job. And it's probably one of their worst fears that something like this would happen on their watch," Massey said. But attorneys for Nichols' family, who have already viewed the police body-camera video, said it shows the five Black officers beating Nichols like a "human pinata" for three straight minutes.Nichols family lawyer Antonio Romanucci has said Nichols was "defenseless the entire time" and told Insider on Friday ahead of the video footage's release that "When you see the video, and you see the fact that they were taking free punches and free kicks at somebody who was restrained, they knew that their actions were designed to harm.""Whether or not they knew they were going to kill him, that's not the law," said Romanucci.According to Tennessee law, second-degree murder is defined in part as "a knowing killing of another."Attorney Blake Ballin, who is representing Desmond Mills Jr. in the case, said his client was "devastated" by the charges and "to be accused of something like this hurts him on another level.""He could not be more upset about this entire situation, again, somebody who has dedicated his life to protecting society, to protecting the community to be accused of being involved in the death of another is devastating to him," Ballin said. The defense lawyers said they have not yet seen police body-camera footage of Nichols' arrest, which is set to be released to the public on Friday evening.Authorities allege 29-year-old Nichols was severely beaten by Martin, Mills, Tadarrius Bean, Demetrius Haley, and Justin Smith during a traffic stop on January 7.Nichols, a father, was hospitalized in critical condition and died three days later. "Their actions were designed to harm, and [Nichols] died as a result of those actions that they took, which caused his injuries," Romanucci told Insider. "That's why second-degree murder is appropriate."Memphis Police Chief Cerelyn Davis has called the incident "heinous, reckless and inhumane," while Tennessee Bureau of Investigation Director David Rausch said he was "sickened" by what the "appalling" footage shows. Mills' attorney cautioned the public to "reserve judgment" once the footage is released. "Know that there is always more to the story," Ballin said, adding, "We will do our own investigation, we will gather information from the state that's not available to the public and when it's time to defend our clients, our side of things will come out."Ballin described his client Mills as "a gentle, respectful father" and "a family man.""He has put on a strong facade, but I know underneath it all this is causing his family a lot of anxiety and a lot of pain, not only for his own situation but for what this kind of accusation, this kind of incident is doing to our city," said Ballin. Defense lawyers for Martin and Mills said they each intend to plead not guilty in the case. All five former officers who have been charged posted their bonds of either $350,000 or $250,000 and were released from jail as of Friday afternoon, records show.Read the original article on Business Insider.....»»

Source:  nytCategory: world~5 hr. 58 min. ago Related News

Photos show the horrors of Auschwitz, the largest and deadliest Nazi concentration camp, 78 years after its liberation

Over 1.1 million people were murdered at Auschwitz, including nearly a million Jews. On the day of liberation 78 years ago, only 7,000 were saved. An aerial view of the Auschwitz II-Birkenau extermination camp on December 19, 2019 in Oswiecim, Poland.Christopher Furlong/Getty Images It has been 78 years since the Soviet Army liberated Auschwitz, the largest Nazi concentration complex. First established in 1940, Auschwitz had a concentration camp, large gas chambers, and crematoria. More than 1.1 million people were murdered at Auschwitz, including nearly one million Jews. It was the greatest tragedy of the Holocaust. In just five years, over one million people were murdered at Auschwitz, the largest and deadliest Nazi concentration camp.Auschwitz was established in 1940 and located in the suburbs of Oswiecim, a Polish city the Germans annexed. Between 1940 and 1945, it grew to include three main camp centers and a slew of subcamps — each of which were used for forced labor, torture, and mass killing.An estimated 1.3 million people were deported to Auschwitz during its five-year operation, and approximately 1.1 million were killed.The terror of Auschwitz finally subsided on January 27, 1945, when the Soviet Army liberated the remaining 7,000 prisoners from the camps.On the 78th anniversary of this liberation, these photos exhibit the horror and history of Auschwitz.Auschwitz was established in 1940 in the suburbs of Oswiecim, Poland. During its first year, authorities cleared 15 square miles for the camp.An aerial view of the Auschwitz II-Birkenau extermination camp on December 19, 2019 in Oswiecim, Poland.Christopher Furlong/Getty ImagesSource: The United States Holocaust Memorial MuseumAuschwitz I, the first camp to undergo construction, was initially created for three reasons: to imprison enemies, to use forced labor, and to kill certain groups of people.The crematorium near gas chamber one at the former Nazi death camp of Auschwitz I in Oswiecim, Poland, Sunday, Dec. 8, 2019.Markus Schreiber/APSources: The United States Holocaust Memorial Museum, Auschwitz‑Birkenau Memorial and State Museum Construction of the largest camp, Auschwitz II, also called Auschwitz-Birkenau, began in October 1941. Electrified barbed wire divided it into 10 different sections.The remains of brick stone chimneys of prisoner barracks can be seen inside the former Nazi death camp of Auschwitz Birkenau or Auschwitz II.Markus Schreiber/APSources: Jewish Virtual Library, The United States Holocaust Memorial MuseumAuschwitz-Birkenau's different sections were for "women; men; a family camp for Roma (Gypsies) deported from Germany, Austria, and the Protectorate of Bohemia and Moravia; and a family camp for Jewish families deported from the Theresienstadt ghetto," according to the Holocaust Memorial Museum.Women in the barracks at Auschwitz, Poland, January 1945.Galerie Bilderwelt/Getty ImagesSources: The United States Holocaust Memorial MuseumInmates were put into poorly structured wooden barracks with 36 bunks each. Five to six prisoners were packed in so over 500 prisoners were in each unit.Reuters Pictures ArchiveSource: The United States Holocaust Memorial MuseumIncoming prisoners who were selected for forced labor received tattoos and had a serial number sewn into their uniforms. Auschwitz was the only concentration camp to do this.Auschwitz concentration camp survivor Eva Behar shows her number tattoo in her home on December 1, 2014 in London, United Kingdom.Christopher Furlong/Getty ImagesSource: The United States Holocaust Memorial MuseumShortly after construction, Auschwitz-Birkenau became the largest killing center and central location for the extermination of Jews in Europe.Bodies of prisoners found in Auschwitz, shortly after liberation in 1945.ReutersSource: Museum of Jewish HeritageIn 1942, two farmhouses just outside the camp were turned into gas chambers.Christopher Furlong/Getty ImagesSource: United States Holocaust Memorial MuseumBut as Auschwitz-Birkenau became a central location for mass killing, these gas chambers were too small. Four new chambers were built between March and June 1943, each containing a disrobing area, gas chamber, and crematory ovens.Shoes of victims exterminated at Auschwitz.Rolf Vennenbernd/picture alliance via Getty ImagesSource: United States Holocaust Memorial MuseumAs millions of people were murdered, mounds of eye glasses, razors, shoes, and other belongings were left behind.Remains of glasses from people exterminated at Auschwitz.Pawel Ulatowski/ReutersIn 1942, Auschwitz III, also known as Buna or Monowitz, opened near the town of Monowice to house more forced laborers.An ariel picture taken of Auschwitz barracks taken on December 15, 2019 in Oswiecim, Poland.Pablo GONZALEZ / AFP via Getty ImagesSource: United States Holocaust Memorial MuseumForty-four subcamps with different specializations were established at Auschwitz between 1942 and 1944. The Nazis made prisoners work on large farms, in coal mines, in weapons production — basically anything the German military needed for war.A photo of women deemed fit for work, taken in May 1944 in Auschwitz.AFP via Getty ImagesSource: United States Holocaust Memorial MuseumBetween 1940 and 1945, an estimated 1.3 million people were sent to Auschwitz. Approximately 1.1 million were killed.Cadavers of women and Children who died in cold weather at Auschwitz.Keystone-France/Gamma-Keystone via Getty ImagesSource: Museum of Jewish HeritageIn January 1945, before Soviet forces could reach the camps for liberation, nearly 60,000 people were forced to march west, and thousands more were killed.Soviet soldiers with survivors of Auschwitz in 1945.REUTERS:HO AUSCHWITZ MUSEUMSource: The United States Holocaust Memorial MuseumThe terror finally subsided on January 27, 1945, when the Soviet Army reached the gates of Auschwitz.Soviet soldiers arriving at the gates of Auschwitz in 1945.REUTERS:HO AUSCHWITZ MUSEUM REUTERSSource: The United States Holocaust Memorial MuseumWhen Soviet soldiers arrived, only between 6,000 and 7,000 prisoners remained. The majority of them faced starvation, illness, and death.Sovfoto/Universal Images Group/Getty ImagesSource: The United States Holocaust Memorial MuseumAvailable records indicate that when the soldiers arrived, at least 700 youth prisoners were still at the camp, half of whom were Jewish.Children who have lived to be liberated by the Red Army from the Auschwitz concentration camp on January 27, 1945.TASS via Getty ImagesSource: Auschwitz-Birkenau Memorial MuseumIn many cases, the liberated children were malnourished, severely weak, vitamin deficient, and diseased. Of 180 children examined after liberation, 40% had tuberculosis.Jewish children, survivors of Auschwitz, with a nurse behind a barbed wire fence, Poland, February 1945.Galerie Bilderwelt/Getty ImagesSource: Auschwitz-Birkenau MuseumImmediately after liberation, many of the children were sent to hospitals organized by the Soviet army and the Polish Red Cross.Holocaust survivor Rachel Rubin shows a photograph of herself as a 14-year-old girl shortly after her liberation in 1945.Julian Stratenschulte/picture alliance via Getty ImagesIn 2016, a group of children who survived the horrors of Auschwitz met to take their photo together.81-year-old Paula Lebovics, 79-year-old Miriam Ziegler, 85-year-old Gabor Hirsch and 80-year-old Eva Kor pose with the original image of them as children taken at Auschwitz at the time of its liberation on January 26, 2015 in Krakow, Poland.Ian Gavan/Getty ImagesIn total, 6 million Jews were killed during the Holocaust. One-sixth of these exterminations happened at Auschwitz alone.Photographs are displayed at the Birkenau Museum, December 10, 2004, of the many faces of the men, women and children at the Auschwitz II.Scott Barbour/Getty ImagesSource: United States Holocaust Memorial MuseumTo commemorate this grave tragedy, world leaders met in Israel in 2020 to mark 75 years since the camp's liberation.Russia's President Vladimir Putin arrived in Israel on a working visit to attend celebrations marking the 75th anniversary of the liberation of Auschwitz.Mikhail Metzel/TASS via Getty ImagesOn January 27, 2023, Holocaust survivors gathered in Oswiecim, Poland, to attend a ceremony marking the 78th anniversary of the liberation of Auschwitz.Holocaust survivors wearing striped scarves attend a ceremony during 78th Anniversary Of Auschwitz - Birkenau Liberation and Holocaust Remembrance Day.Beata Zawrzel/NurPhoto via Getty ImagesHolocaust survivors and former Auschwitz inmates were joined by world leaders at a wreath-laying and candle ceremony in front of the Death Wall to remember the thousands who died at the former Nazi concentration complex.The flag of Israel and candles are seen during the 78th Anniversary Of Auschwitz - Birkenau Liberation ceremony and Holocaust Remembrance Day in Brzezinka, Poland, on January 27, 2023.Beata Zawrzel/NurPhoto via Getty ImagesEditor's note: This list was first published in January 2020 and has been updated to reflect recent developments.Read the original article on Business Insider.....»»

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The 2023 Academy Awards will be held on March 12 — here"s where to watch every best picture nominee before the event

"The Fabelmans" and "The Banshees of Inisherin" are among this year's contenders for best picture. You can stream many Oscar nominees right now. When you buy through our links, Insider may earn an affiliate commission. Learn more.Tom Cruise as Pete "Maverick" Mitchell in Top Gun: Maverick.Paramount Pictures Ten movies are up for Best Picture at the 2023 Academy Awards. A24's "Everything Everywhere All at Once" leads with 11 nominations. You can stream most of the nominees right now on services like HBO Max, Peacock, and Paramount Plus. The 95th annual Academy Awards will be held on March 12 at 8 p.m. ET, and will be broadcast live on ABC. The 2023 show will be hosted by Jimmy Kimmel, marking the comedian's third time presenting the event.Ten movies are nominated for best picture this year, including a record number of sequels with "Avatar: The Way of Water" and "Top Gun: Maverick" both up for the top award. Nominees also include biopics like "Elvis" and the semi-autobiographical film "The Fabelmans," adaptations like "All Quiet on the Western Front," and dark comedies like "The Banshees of Inisherin" and "Triangle of Sadness."A24's genre-defying "Everything Everywhere All at Once" comes in on top with 11 total Oscar nominations, including four acting nods for first-time nominees. With "Avatar: The Way of Water," director James Cameron has managed to secure best picture nominations for his last three consecutive films.If you're looking to watch all the best picture nominees before the ceremony airs, you're in luck. While not every nominee is available to stream just yet, all but two can be watched online right now. Below, we rounded up all 10 movies up for best picture, along with details on where and when you can watch them at home.'All Quiet on the Western Front'Aaron Hilmer in "All Quiet on the Western Front."Reiner Bajo/NetflixStream on Netflix."All Quiet on the Western Front" is a German-language anti-war film from director Edward Berger. It's based on the 1929 novel of the same name, and follows a young German soldier and his comrades in the final days of World War I. The book was previously adapted into a 1930 American film, which won best picture at the 1930 Academy Awards.The 2022 film is available to stream exclusively on Netflix. "All Quiet on the Western Front" is also nominated for several other Oscars, including best cinematography, best international feature, and best adapted screenplay.'Avatar: The Way of Water'"Avatar: The Way of Water."20th Century Studios/DisneyNow playing only in theaters. Expected to stream on Disney Plus later this year."Avatar: The Way of Water" is the epic sequel to James Cameron's 2009 sci-fi film "Avatar." The movie follows the Sully family 15 years after the events of the original film. When an ancient threat reappears, Jake and Neytiri must fight a costly war against the humans. James Cameron returns as director and co-writer, with the cast being led by Sam Worthington, Zoe Saldaña, Sigourney Weaver, Stephen Lang, and Kate Winslet. "The Way of Water" is also up for best sound, best production design, and best visual effects.'The Banshees of Inisherin'Colin Farrell in "The Banshees of Inisherin."Jonathan Hession/Searchlight PicturesStream on HBO Max. Rent or buy from Amazon, Vudu, and Apple TV.From writer and director Martin McDonagh, "The Banshees of Inisherin" is a black comedy-drama set in 1920s off the coast of Ireland. The movie is about the chaos that erupts when the lifelong friendship between Padraic (Colin Farrell) and Colm (Brendan Gleeson) suddenly ends. The cast also includes Barry Keoghan and Kerry Condon."The Banshees of Inisherin" received nine total nominations at the 2023 Oscars, including best actor (Farrell), best supporting Actor (Gleeson and Keoghan), best supporting actress (Condon), best original screenplay, and best director.'Elvis'Austin Butler as Elvis Presley in "Elvis."Courtesy of Warner Bros. PicturesStream on HBO Max. Rent or buy on Amazon, Vudu, and Apple TV.Directed and written by Baz Luhrmann, "Elvis" is a biopic based on the life and career of iconic musician Elvis Presley (Austin Butler). The film also explores Elvis' complicated 20-year relationship with his manager Colonel Tom Parker (Tom Hanks) as well as his marriage to Priscilla Presley (Olivia DeJonge).In addition to best picture, "Elvis" is nominated for seven more awards at the Oscars, including nods for best actor (Butler), best sound, best cinematography, and best film editing.'Everything Everywhere All at Once'"Everything Everywhere All at Once."A24Stream on Showtime. Buy on Amazon, Vudu, and Apple TV."Everything Everywhere All at Once" is a genre-defying blend of drama, action, comedy, and sci-fi. The story focuses on a Chinese-American woman (Michelle Yeoh) being audited by the IRS who suddenly finds herself thrust into a fantastical battle to save the multiverse. The film was written and directed by Daneil Kwan and Daniel Scheinert (known collectively as "Daniels"). The cast also includes Ke Huy Quan, Stephanie Hsu, Jamie Lee Curtis, and James Hong.The A24-produced movie has the most nominations (11) of any film at the 2023 Academy Awards. The movie is also up for best actress (Yeoh), best supporting actor (Quan), best supporting actress (Hsu and Curtis), and best director (Daniels), among others.'The Fabelmans'Gabriel LaBelle in "The Fabelmans."UniversalBuy on Amazon, Apple TV, and Vudu.  Expected to stream on Peacock by February 14."The Fabelmans" is a semi-autobiographical coming-of-age drama loosely based on the upbringing of director and writer Steven Spielberg. The movie tells the story of Sammy Fabelman, a young aspiring filmmaker who discovers a secret that could tear his family apart. The cast features Gabriel LaBelle, Michelle Williams, Paul Dano, Judd Hirsch, Seth Rogen, and Julia Butters.A frontrunner for best picture, "The Fabelmans" is also nominated for best director, best original screenplay, best actress (Williams), best supporting actor (Hirsch), best score, and best production design.'Tár'"Tár"Focus FeaturesStream on Peacock. Rent or buy on Amazon, Vudu, and Apple TV."Tár" explores the fictional story of a renowned musician named Lydia Tár (Cate Blanchett), whose life begins to unravel days before she's set to record a career-defining symphony. The psychological drama is written and directed by Todd Field ("Carol") and features supporting performances by Noémie Merlant, Nina Hoss, Sophie Kauer, and Mark Strong."Tár" is also up for Oscars in categories like best actress (Blanchett), best director, best cinematography, and best original screenplay.'Top Gun: Maverick'Tom Cruise in "Top Gun: Maverick."Paramount PicturesStream on Paramount Plus and MGM Plus. Rent or buy on Amazon, Vudu, and Apple TV.Tom Cruise reprises his role as accomplished naval aviator Pete "Maverick" Mitchell in the long-awaited sequel to the 1986 action drama "Top Gun." The 2022 film sees Maverick confront difficult parts of his past as he trains a young group of recruits for a dangerous mission. Miles Teller, Jennifer Connelly, and Glen Powell join Cruise in the cast, with Val Kilmer reprising his role as "Iceman" from the original movie."Top Gun: Maverick" is nominated for a total of six awards at the 2023 Oscars, including best adapted screenplay, best sound, best editing, best visual effects, and best original song for Lady Gaga's "Hold My Hand."'Triangle of Sadness'Woody Harrelson in "Triangle of Sadness."NeonRent or buy on Amazon, Apple TV, and Vudu.This satirical black comedy is centered on a luxury cruise that sinks and leaves wealthy survivors like celebrity fashion models Yaya and Carl stranded on an island. The main couple is portrayed by Charlbi Dean and Harris Dickinson. The cast of "Triangle of Sadness" also includes Woody Harrelson, Dolly de Leon, and Vicki Berlin."Triangle of Sadness" writer and director Ruben Östlund also received nominations for best director and best original screenplay.'Women Talking'Rooney Mara, Claire Foy, and Jessie Buckley in "Women Talking."Hear/Say ProductionsCurrently playing only in theaters.Based on the 2018 book of the same name, "Women Talking" is a drama from director Sarah Polley. The movie follows the women of a small fictional Mennonite community who struggle to reconcile with their faith upon learning the truth about a series of sexual assaults. The women then deliberate over how to move forward: Do nothing, stay and fight, or leave. Rooney Mara, Jessie Buckley, Claire Foy, Frances McDormand, and Ben Whishaw lead the film's cast. "Women Talking" screenwriter Sarah Polley is also nominated for best adapted screenplay at the 2023 Oscars.Read the original article on Business Insider.....»»

Source:  nytCategory: world~5 hr. 58 min. ago Related News

McDonald"s testing a new strawless lid, dividing social media users

McDonald's said that it is testing a new strawless lid for cold beverages in select U.S. markets. Social media reaction to the decision has been mixed......»»

Source:  foxnewsCategory: top~5 hr. 58 min. ago Related News

New Earth phenomenon is making heads spin

Theoretical physicist Dr. Michio Kaku breaks down the new study that suggests the Earth's inner core could have "paused" and reversed its course......»»

Source:  foxnewsCategory: top~5 hr. 58 min. ago Related News

LeBron James" jersey from Game 7 of 2013 NBA Finals sells for over $3.6 million

The jersey LeBron James wore when he and the Miami Heat won their second consecutive NBA title has sold for almost $4 million via the Sotheby's auction house......»»

Source:  foxnewsCategory: top~5 hr. 58 min. ago Related News

Citizens Business Conditions Index dips in Q4 for U.S., PA score still in growth mode

Fed's efforts to slow inflation taking hold but conditions at middle-market businesses remained strong......»»

Source:  bizjournalsCategory: top~5 hr. 58 min. ago Related News

Canadian Lynx Air launches new low-cost flights to Orlando airport

"The choice of Orlando as our first U.S. destination was easy.".....»»

Source:  bizjournalsCategory: top~5 hr. 58 min. ago Related News

South Florida office market healthy in 2022, Cushman & Wakefield reports

Asking rents were highest in Miami-Dade, while the vacancy rate was lowest in Palm Beach County......»»

Source:  bizjournalsCategory: top~5 hr. 58 min. ago Related News

Clock is ticking on a final decision on $31B combination of Kansas City Southern, Canadian Pacific

Kansas City Southern initially agreed to combine with Canadian Pacific in March 2021......»»

Source:  bizjournalsCategory: top~5 hr. 58 min. ago Related News

Dining news: Food hall coming to Brewerytown; Founding Fathers opening in Bucks County

An Olde Kensington distillery has opened a whiskey tasting room; a new food hall is coming to Brewerytown; Founding Fathers will open in Bucks County, and other recent restaurant news......»»

Source:  bizjournalsCategory: top~5 hr. 58 min. ago Related News

Florida CFO appoints Tampa fund manager to state investment advisory council

The managing partner of Tampa-based Third Lake Partners will oversee billions of dollars of the state's investments......»»

Source:  bizjournalsCategory: top~5 hr. 58 min. ago Related News

3 South Florida nursing schools at the center of alleged diploma fraud scheme

Each defendant faces up to 20 years in prison......»»

Source:  bizjournalsCategory: top~5 hr. 58 min. ago Related News

Southwest Airlines plans billion-dollar investment to upgrade technology

Southwest executives have laid out their mitigation plan following an operational meltdown over the holidays......»»

Source:  bizjournalsCategory: top~5 hr. 58 min. ago Related News

NFT Collection Azuki’s Twitter Account Hacked, Leading Followers to Malicious Link

Hoshiboy, the co-founder of the popular anime-inspired project, told CoinDesk that the team is in touch with Twitter to resolve the issue......»»

Source:  coindeskCategory: forex~6 hr. 13 min. ago Related News

Decentralized Exchange Vela’s DXP Token Surges Ahead of Beta Release on Arbitrum

The utility token has rallied 50% in the past 24 hours and more than doubled since Wednesday ahead of the release of its widely anticipated beta version next week......»»

Source:  coindeskCategory: forex~6 hr. 13 min. ago Related News

Better Policy Can Turn NFTs Into an Intellectual Property Powerhouse

Better Policy Can Turn NFTs Into an Intellectual Property Powerhouse.....»»

Source:  coindeskCategory: forex~6 hr. 13 min. ago Related News

Bitcoin Holds Steady Above $23K as Traders Eye Fed’s Next Meeting

Bitcoin and ether have outperformed equities this year. The FOMC’s decision on rates looms large over markets......»»

Source:  coindeskCategory: forex~6 hr. 13 min. ago Related News

Friday links: noticing anomalies

StrategyThe investment landscape has completely transformed in the past century. (awealthofcommonsense.com)2022 shows that every portfolio strategy comes under pressure. (portfoliocharts.com)Why so many investors get caught up in return chasing. (novelinvestor.com)The stock market is constantly providing us 'instant feedback' much to our detriment. (rationalwalk.com)FundsDividend-focused funds are having their moment. How do they perform over the long run? (morningstar.com)Taxable distributions in a down year is a double-whammy. (nytimes.com)CompaniesRevisiting Tesla's ($TSLA) valuation, post-Twitter fiasco. (aswathdamodaran.blogspot.com)Some big spinoffs are coming down the pike including ones from J&J ($JNJ) and 3M ($MMM). (morningstar.com)CVS ($CVS) and Walmart ($WMT) are cutting back pharmacy hours. (wsj.com)Intel ($INTC) had a tough 2022 and 2023 isn't looking better. (cnbc.com)Zillow ($Z) has a new AI-powered way to search for homes. (thebasispoint.com)HousingThe Fed's policies are hitting the economy primarily through the housing channel. (econbrowser.com)Jerusalem Demsas, "If there are no solid data supporting the institutional-investor-scapegoat story, there are certainly plenty of misleading statistics." (msn.com)Homebuilders have an oversupply of unsold new homes. (housingwire.com)Consumers are slowly coming to terms with higher mortgage rates. (axios.com)Earlier on Abnormal ReturnsPodcast links: the simulation of learning. (abnormalreturns.com)What you missed in our Thursday linkfest. (abnormalreturns.com)Longform links: shrinking populations. (abnormalreturns.com)Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)Mixed mediaWe are still learning how to live with e-mail, Slack etc. (calnewport.com)Goals should be 'specific and measurable.' (seths.blog)New ideas come from noticing anomalies. (paulgraham.com).....»»

Source:  abnormalreturnsCategory: blog~6 hr. 14 min. ago Related News
Source:  benzingaCategory: blog~6 hr. 14 min. ago Related News
Source:  benzingaCategory: blog~6 hr. 14 min. ago Related News
Source:  benzingaCategory: blog~6 hr. 14 min. ago Related News

New NFTs Protest Against Vladimir Putin, Offer Proceeds To Ukraine: How You Can Buy And Who"s Behind Them

A new open-edition non-fungible token takes aim at Russian President Vladimir Putin, during the time of war with Ukraine. The NFTs will offer proceeds to Ukraine. Here are the details. read more.....»»

Source:  benzingaCategory: blog~6 hr. 14 min. ago Related News

Uber Freight lays off 150 employees

The layoffs amount to 3% of the freight business’s workforceThe layoffs amount to 3% of the freight business’s workforce.....»»

Source:  chicagotribuneCategory: top~6 hr. 14 min. ago Related News

Boston Metal accepts a $120M investment to produce "green steel"

Boston Metal received a $120 million investment to produce 'green steel,' aiming to make a clean and more effective impact on the environment......»»

Source:  foxnewsCategory: market~6 hr. 14 min. ago Related News

Layoffs not in Boeing"s plans; will hire thousands this year

Boeing plans this year to add 10,000 workers, with a "focus within our business units and in engineering and manufacturing," a spokesperson told FOX Business......»»

Source:  foxnewsCategory: market~6 hr. 14 min. ago Related News

: Musk under SEC probe connected with Autopilot claims: Bloomberg

U.S. securities regulators are probing Tesla Inc. Chief Executive Elon Musk’s role in the EV maker’s self-driving car claims, Bloomberg reported Friday, citing a person familiar with the investigation. The review is part of the ongoing U.S. Securities and Exchange Commission’s investigation of Tesla’s Autopilot, the EV maker’s suite of advanced driver-assistance systems, the report said. According to Bloomberg, the SEC is looking into whether Musk “may have inappropriately made forward-looking statements,” according to the unnamed source. Musk has made Autopilot a keystone of Tesla’s mission, but the system has been under criticism for overstating its ability and lulling drivers into a false sense of security. It is also the focus of multiple investigations by multiple agencies in recent years into crashes and malfunctions where it may have been involved. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news......»»

Source:  marketwatchCategory: top~6 hr. 14 min. ago Related News

S&P 500 jumps to end at nearly 2-month high as U.S. stocks book strong weekly gains

U.S. stock indexes finished modestly higher on Friday with the tech-heavy Nasdaq Composite spearheading gains, as investors digested inflation data and corporates' fourth-quarter earnings reports ahead of next week's Federal Reserve monetary policy meeting. The S&P 500 advanced 10 points, or 0.3%, to end at 4,070, while clinching its highest closing level since Dec. 2, along with a third winning week in the last four. The Dow Jones Industrial Average finished nearly flat at 33,978, but booked a weekly gain of 1.8%. Nasdaq Composite jumped 1% and rallied 4.4% for the week, on pace to record its best first month of the year in over two decades. It has risen by more than 11% during the first four weeks of 2023, compared with a gain of more than 12% during the same period in 2000, according to Dow Jones Market Data.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news......»»

Source:  marketwatchCategory: top~6 hr. 14 min. ago Related News

At least 7 people are dead and nearly a dozen were injured after a shooting at a Jerusalem synagogue

The shooting, which occurred during worship services, is the latest violence in the region after a deadly Israeli raid Thursday. Israeli emergency service personnel and security forces stand near a covered body at the site of a reported attack in a settler neighbourhood of Israeli-annexed east Jerusalem, on January 27, 2023AHMAD GHARABLI/AFP via Getty Images A shooting at a Jerusalem synagogue Friday has left at least seven dead and almost a dozen injured.  Israel's emergency services said police killed the gunman at the crime scene. The attack marks another day of violence in the region after a deadly Israeli raid Thursday. A shooting at a Jerusalem synagogue on Friday has left at least seven people dead and ten others injured, according to Israel's Ministry of Foreign Affairs. The country's Magen David Adom emergency services said police killed the gunman at the crime scene, according to Reuters, Associated Press, and CNN.Israel's Ministry of Foreign Affairs called the shooting a terrorist attack on Twitter.The shooting occurred during worship services on International Holocaust Remembrance Day and comes a day after Israeli forces killed nine Palestinians and injured others in Jenin, according to reporting from CNN.That Israeli raid was the deadliest into the West Bank territory in decades, according to AP.The surge in violence gripped the region before a planned trip by U.S. Secretary of State Antony Blinken at the end of this month.Read the original article on Business Insider.....»»

Source:  nytCategory: personnel~6 hr. 42 min. ago Related News

Peloton instructor Leanne Hainsby, 35, said she was diagnosed with breast cancer after a doctor told her not to worry about a lump in her breast

Peloton instructor Leanna Hainsby said she was diagnosed with breast cancer and has been privately undergoing treatment since August. Breast cancer is most common in women older than 50, but screenings in younger women can help with early detection.Jecapix/Getty Images Peloton instructor Leanne Hainsby said she was diagnosed with breast cancer at age 35. She wrote on Instagram that she noticed a lump in her breast, but a doctor initially said not to worry. Hainsby said she was diagnosed after multiple tests, and completed weeks of chemo while teaching Peloton classes.  Peloton instructor Leanne Hainsby, 35, said that she has been privately battling breast cancer for the past six months while continuing to lead classes."Where possible, I have continued to show up as 'normal,' but my reality most of the time, has looked very different," she wrote on Instagram. "My classes have given me a focus and some sparkle in an incredibly tough time, so thank you to the members who had no idea the amount of joy they were bringing to me every day."The British cycle instructor said that she was diagnosed in August 2022 after multiple scans and appointments, during which she was "completely terrified."She said she subsequently completed 12 weeks of chemotherapy, going to weekly treatment after teaching her Wednesday morning live classes."Chemo is no joke," Hainsby wrote. She also noted she had undergone surgery, and expects to continue treatments and hospital visits, although she recently received "very good news." Hainsby wrote that she was sharing her story now to raise awareness — she said she initially sought a doctor's advice after finding a lump in her breast, and was told not to worry."I trusted my gut and got a second opinion. That saved my life," Hainsby said. About 9% of new breast cancer cases in the US occur in women under 45, and the disease is most common in women over 50, according to the Centers for Disease Control and Prevention.Family history of breast cancer is a major risk factor, but other factors like reproductive health and alcohol use can also play a role, according to the Mayo Clinic.The most common symptom is a lump in the breast area, and regular self-screenings and medical exams can help reduce the risk. Other symptoms of breast cancer include skin irritation, pain, or any other changes in the area that seem unusual, a breast surgeon previously told Insider.  Read the original article on Business Insider.....»»

Source:  nytCategory: personnel~6 hr. 42 min. ago Related News

When even top performers and diligent employees get laid off in a downturn, is it worth going above and beyond for your company?

Amid mass layoffs in Big Tech and beyond, Aurelie Cnop, of ESCP Business School, said that employees need to shift their perspective about work. Google parent Alphabet this month said it would cut 12,000 workers.Beata Zawrzel/NurPhoto via Getty Images Recent mass layoffs at big tech companies show that even capable hard workers can lose their jobs. This raises questions about whether loyal employees are wasting their effort.  Aurelie Cnop, of ESCP Business School, says workers need to pursue a calling and set boundaries. The standard career advice in an economic downturn is to make yourself indispensable at work.The implicit assumption is that your employer would never dare fire its most diligent go-to person.Try telling that to Josh, who was head of communications for a youth education charity in the UK for 12 years, when he found out before Christmas that he was going to be made redundant.The charity was getting rid of his role due to structural changes, and said he could interview for a more junior position or take a settlement. There was no guarantee that he'd get the job, so after negotiations, he was eventually made redundant. Insider has changed Josh's name to protect him from retaliation, but has verified his identity and workplace through links and screenshots.Josh said the decision had "shocked" him, pointing to the press coverage he'd secured, his loyalty, and exceeding KPIs."I actually felt a bit stupid, all the things I had done, had sacrificed, had initiated off my own back, it felt devalued," he said.As a potential recession looms, nearly 40% of US workers are "are nervous about being laid off," according to a LinkedIn survey of more than 2,000 US employees conducted in December. And the fact is, sometimes even good, hard-working employees get the ax.Reports suggest that some of the 12,000 staff cut at Google included both high performers and people in managerial positions making seven figures, for example. And it's highly likely that many of the employees recently laid off from other big firms, including Amazon and Meta, were also dedicated and loyal to their companies."If a company is on the brink of financial distress, then of course, anybody could be let go at some point," said Aurelie Cnop, affiliate professor of management at ESCP Business School. "Sometimes a company may discard a specific unit, and in this regard, whether you are the best performer or not, you have to go." Amid mass layoffs, Cnop said that employees need to shift their perspective about work. Here's what she suggests.Have a higher calling Trends like "quiet quitting", loosely defined as workers only doing what's required of their role, have emerged because employees are tired of going above and beyond for their companies without commensurate reward. Cnop said that this is "transactional," and that people should "work for a calling," with a purpose and mission beyond their company. "Having a calling is a great place to be because you get meaning from your job; your job is increasingly rewarding, and you are automatically inclined to go over and beyond," she said. It also eases some of the sting of structural layoffs, because you won't be so attached to a singular company. Zoe Mallett was head of culture and happiness at a travel brand when she was laid off at the end of August last year. Insider has verified Mallett's story with documentation. Mallett said the layoff came at the right time, because it was the opportunity she needed to start her own business. She had been at the company for four years, and didn't regret the hard work because she was passionate about her role. "I knew that I was going to be launching my own company in the future, so it was really important to me that I made a good name for myself," she said. The hard work paid off essentially because having the "respect" of senior leadership meant they supported her business ventures and connected her with big brands.Mallett said she "didn't feel bitter," about being laid off and that people who do have a misplaced sense of loyalty because they are too "attached to the mission of a business." She added: "We should never attach ourselves to a job title, we should never attach ourselves to one company in particular. We have to find out what the mission is, what my calling is. Then no matter where you go, it doesn't matter if you get fired, doesn't matter if you get let go, the company closes down, you still know what your overall mission is." Set boundaries at work Although having a higher purpose helps build resilience against like layoffs, it can also "make you vulnerable to exploitation," Cnop explained. Having an altruistic relationship with work "pushes you to sacrifice and go over and beyond," at the price of your well-being sometimes. She said that employees who go above and beyond tend to "burn out or feel exploited in the end" because they might not be rewarded for their hard work, or even get fired. Cnop suggests having boundaries at work to protect yourself, by defining what's important to you in your personal life and setting aside time for that. If that time cuts into your work, then speak to your manager to come to a compromise. A version of this story published on November 18, 2022.Read the original article on Business Insider.....»»

Source:  nytCategory: personnel~6 hr. 42 min. ago Related News