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☆ ‘Everywhere’ chemicals linked to rise in preterm births, study says
▼ + stars: | 2024-02-06 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

Now, researchers have found synthetic chemicals called phthalates used in clear food packaging and personal care products could be a culprit, according to a new study. “Studies show the largest association with preterm labor is due to a phthalate found in food packaging called Di(2-ethylhexyl) phthalate, or DEHP,” Trasande said. “In our new study, we found DEHP and three similar chemicals could be responsible for 5% to 10% of all the preterm births in 2018. “This paper focused on the relationship between exposure to individual phthalates and preterm birth. “Every day, they’re often exposed to more than one phthalate from the products they use, so the risk of preterm birth may actually be greater,” said Friedman, who was not involved in the study.

Persons: phthalates, ”, Dr, Leonardo Trasande, ” Trasande, “, that’s, Alexa Friedman, Friedman, diisononyl, toxicologist Linda Birnbaum, ” Birnbaum, birthweight, DEHP, Trasande, ” Friedman, don’t, ” CNN’s Jen Christensen Organizations: CNN, NYU Langone Health, “, Environmental, American Chemistry Council, Product Safety, FDA, Food and Drug Administration, National Institute for Environmental Health Sciences, National Toxicology, National Institutes of Health’s, Child Health, Health, Mayo Clinic, American Academy of Pediatrics, AAP Locations: United States, European

CVC targets an IPO that would value the company at more than 10 billion euros, the people said, with the company placing around 10% of its share capital, one of the people said. The private equity firm's partners are not expected to sell stock through the IPO, the people said. Blue Owl, CVC, GIC and HKMA declined to comment. On-road payments provider DKV Mobility, in which CVC has a minority holding, decided to defer its IPO plans because of volatile markets, Reuters reported earlier this month. London-headquartered CVC, which oversees more than 160 billion euros in assets, is striving to transform itself into a diversified asset manager.

Persons: de, Singapore's GIC, Renk, DIF, Glendower, Pablo Mayo Cerqueiro, Elisa Martinuzzi, Barbara Lewis Organizations: REUTERS, Partners, Reuters, CVC, Hong Kong Monetary Authority, Kuwait Investment Authority, DKV Mobility, Thomson Locations: Amsterdam, Netherlands, Kuwait, London

☆ US financial regulators green lit new rules aimed at reducing the cost of bank failures
▼ + stars: | 2023-08-29 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

New York CNN —US financial regulators on Tuesday signed off on new rules to prepare large and regional banks in the case of failure. But the FDIC backed deposits that exceeded that limit when Silicon Valley Bank and Signature Bank failed earlier this year, to reduce the risk of more bank failures. In total, the three bank failures depleted $31.5 billion from the DIF, according to FDIC estimates. Had the proposed rule been in place prior to the three bank failures, it could have prevented many uninsured depositors from causing a bank run, the agencies said. That could make it easier for the FDIC to seize and sell a failed bank, something the agency struggled to do in a timely manner with SVB and Signature Bank.

Persons: Greg Baer, ” Baer, Martin Gruenberg, ” Banks Organizations: New, New York CNN, Federal Deposit Insurance Corporation, Federal Reserve, Currency, FDIC’s, Insurance Fund, Silicon Valley Bank, Signature Bank, Bank, JPMorgan Chase, Bank Policy Institute, FDIC Locations: New York

“The INM rescued 148 migrants who were traveling overcrowded in the box of a trailer and were abandoned in life-threatening conditions on the side of the Minatitlán, Cordova highway,” the institute said in a statement. The truck was abandoned by the driver who is still at large, INM added. Of the 148 people rescued there were women and men traveling solo, 23 unaccompanied minors and 44 families – which consisted of 115 people. The faces of rescued migrants were obscured by INM in this picture. That same year, at least 55 people were killed and more than 100 injured when a truck overturned in southern Mexico.

Persons: INM Organizations: CNN, Central, Mexico’s National Institute of Migration, System, Integral, Defense, Minors, National Institute of Migration Immigrants Locations: Veracruz, Cordova, Honduras, Guatemala, El Salvador, United States, Mexico, Central

☆ Mattel hated the 1997 song 'Barbie Girl' so much that it sued. Now, the song is making a return thanks to Greta Gerwig.
▼ + stars: | 2023-07-18 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Aqua's chart-topping 1997 hit "Barbie Girl" called the doll a "blond bimbo" and was full of innuendos. "Barbie Girl" is now being revived in Greta Gerwig's film with a performance by Nicki Minaj and Ice Spice. But no one really thought that the tongue-in-cheek song could have been written by Mattel, Lobel wrote. Years later, Mattel even bought the rights to the song from Aqua, Lobel wrote. The song is now making a comeback, in a way, thanks to Greta Gerwig's "Barbie" film, which is hitting cinemas this Friday.

Persons: bimbo, Greta Gerwig's, Nicki Minaj, Elton John, Barbie —, Lobel, Aqua, Barbie, Ken, Barbie's Dreamhouse, Lene Nystrøm, René Dif, hanky, Mattel, Alex Kozinski, Vinnie Zuffante, Michael Ochs, Nystrøm, Stone, Pamela Anderson, Kozinski Organizations: Mattel, MCA Records, Service, Universal Music, Michael Ochs Archives, Aqua, YouTube, Spotify Locations: Wall, Silicon, Norwegian, Australia, Barbie's

First Republic was one of the major casualties of the banking crisis triggered in March, when depositors fled en masse from some U.S. lenders to institutions such as JPMorgan that they thought were safer. [1/2] People walk past a First Republic Bank branch in San Francisco, California, U.S. April 28, 2023. JPMorgan has assumed all of the bank's deposits, it said, and will repay $25 billion of the $30 billion big banks deposited with First Republic in March. JPMorgan said it expected to achieve a one-time, post-tax gain of about $2.6 billion after the deal. The failed bank's 84 offices in eight states will reopen as branches of JPMorgan Chase Bank from Monday, it added.

☆ 2 JPMorgan buys First Republic Bank's assets
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +6 min

May 1 (Reuters) - JPMorgan Chase & Co (JPM.N), the biggest U.S. bank by assets, said on Monday it will buy most of First Republic Bank's (FRC.N) assets after U.S. regulators seized the troubled bank. low single digits), strategically consistent (US wealth expansion), and system friendly - FDIC loss of only $13B (<est. "First, as with the GFC (Global Financial Crisis,) this once again shows the value of a fortress balance sheet. "Assets such as the U.S. dollar and Japanese yen will be on the radar as traders look for an asset of safety. Still, unlike Silicon Valley Bank and Signature Bank, the FDIC had a buy waiting in the wings.

☆ JPMorgan buys First Republic Bank's assets
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +4 min

May 1 (Reuters) - JPMorgan Chase & Co (JPM.N), the biggest U.S. bank by assets, said on Monday it will buy most of First Republic Bank's (FRC.N) assets after U.S. regulators seized the troubled bank. The collapse marks the third major U.S. lender to fail in less than two months, after a week of panic which saw First Republic lose 75% of its market value as its future turned murkier. "Assets such as the U.S. dollar and Japanese yen will be on the radar as traders look for an asset of safety. "This development will most likely not prevent the Fed from raising U.S. interest rates this week as largely expected. Still, unlike Silicon Valley Bank and Signature Bank, the FDIC had a buy waiting in the wings.

STEPPING UPA security guard stands outside a First Republic Bank branch in San Francisco, California, U.S. April 28, 2023. The FDIC estimated in a statement that the cost to the Deposit Insurance Fund (DIF) would be about $13 billion. JPMorgan has assumed all of the bank's deposits, it said, and will repay $25 billion of the $30 billion big banks deposited with First Republic in March. New York-based JPMorgan will take on $173 billion of loans, $30 billion of securities and $92 billion of deposits. "Our government invited us and others to step up, and we did," said Jamie Dimon, JPMorgan Chairman and CEO.

[1/2] The Federal Deposit Insurance Corp (FDIC) logo is seen at the FDIC headquarters in Washington, February 23, 2011. Here is what is known about the assessment and the insurance fund:What is the Deposit Insurance Fund? The law does not define the "assessment base" for the special assessment or which banks will pay it. Who will pay the special assessment? Top officials in Washington have signaled that regulators likely won't make the smaller banks pay for last month's failures this time round either.

☆ A real estate investor who grosses more than $100,000 in monthly rental income explains the kind of account he uses that safeguards his money better than an FDIC-insured account would
▼ + stars: | 2023-03-22 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

To better protect his cash, an investor bringing in six figures a month uses a "DIF member bank." The Depositors Insurance Fund (DIF) is a private insurance fund that banks can pay for to provide extra insurance to their customers. "The FDIC covers you for the first $250,000, but DIF covers you for anything over that," the real estate investor, who grosses over $100,000 per month from rental income, told Insider. That doesn't mean you have to live in Massachusetts to use a DIF member bank. As the DIF website explains: "Several DIF member banks have branches in neighboring states.

☆ Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans
▼ + stars: | 2023-03-13 | by ( Christina Wilkie | ) www.cnbc.com time to read: +3 min

WASHINGTON — Plans announced Sunday to fully reimburse deposits made in the collapsed Silicon Valley Bank and the shuttered Signature Bank will rely on Wall Street and large financial institutions — not taxpayers — to foot the bill, Treasury officials said. The DIF currently has over $100 billion in it, a sum the Treasury official said was "more than fully sufficient" to cover SVB and Signature depositors. To that end, federal officials strongly pushed back on the idea that the plans for SVB and Signature constituted a "bailout." Sen. Bernie Sanders, I-Vt., insisted that "If there is a bailout of Silicon Valley Bank, it must be 100 percent financed by Wall Street and large financial institutions." On Sunday afternoon, Treasury approved of plans that would unwind both SVB and Signature Bank, based in New York, "in a manner that fully protects all depositors."

☆ U.S. FDIC shifts SVB deposits to new bridge bank, names CEO
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +2 min

[1/2] A sign for Silicon Valley Bank (SVB) headquarters is seen in Santa Clara, California, U.S. March 10, 2023. In a statement, the FDIC said all customers of SVB would automatically become customers of the bridge bank, which will hold "normal banking hours and activities, including online banking." The regulator has also tapped former Fannie Mae head Tim Mayopoulos as the chief executive officer of the newly created entity, named Silicon Valley Bank N.A., it said. "All depositors of the institution will be made whole," FDIC said, adding that no bank losses would fall on U.S. taxpayers. "These actions will protect depositors and preserve the value of the assets and operations of Silicon Valley Bank, which may improve recoveries for creditors and the DIF," it added.

☆ UBS says these stocks posted high-quality earnings this season
▼ + stars: | 2023-02-22 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Now that Wall Street is about to close the books on yet another earnings season, it's time to see which names posted higher-quality earnings than others, according to UBS. In the S & P 500, about 86% of companies reported quarterly earnings thus far, according to FactSet data. However, UBS' strategist Keith Parker worries that earnings quality is an "overhang," saying the divide between earnings and operating cash flow for companies points to roughly 15% earnings-per-share downside for at-risk stocks. These stocks are in the S & P 1500, have a market cap greater than $3 billion, excluding stocks in financial, real estate and utilities. Meanwhile, Humana demonstrated strong earnings quality because of its leading position in the Medicare Advantage market, according to UBS analyst Kevin Caliendo.

☆ Salvadoran girls found on Rio Grande at U.S.-Mexico border
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +1 min

Mexico National Immigration Institute (INM)/Handout via REUTERSMEXICO CITY, Jan 12 (Reuters) - Mexican immigration agents found three unaccompanied Salvadoran children stranded on an islet on the Rio Grande, which straddles the U.S.-Mexico border, Mexico's immigration institute said. Members of Mexico's National Guard first issued an alert for the children, according to the institute. Salvadoran consulate officials in Mexico were aware of the incident and in talks with local authorities, El Salvador's foreign ministry said. Rio Grande crossing dividing the United States and Mexico is one of the last hurdles migrants face before reaching the United States, often after arduous journeys. The three children were placed in the care of Mexico's System for the Integral Development of the Family (DIF), the immigration institute said.

Victima, un adolescent în vârstă de 17 ani, a ajuns la spital în stare gravă, după ce a fost împușcat în gât dintr-un pistol de model Baikal. Sursele deschide.md apropiate anchetei susțin că pistolarul ar fi Maxim Guzic, un fost anchetator din cadrul Serviciului Vamal, vizat anul trecut într-un dosar de corupție. Potrivit Procuraturii Anticorupţie, aceştia ar fi estorcat de la un agent economic 50 000 de euro pentru a muşamaliza un caz de contrabandă. Aceştia au încercat să scape de urmărire, însă, după mai multe ore de urmărire, au fost imobilizaţi de procurori. Banii au fost depistaţi în automobilul unuia dintre reţinuţi şi au fost ridicaţi pentru a fi anexaţi la dosar.

Persons: Maxim, Guzic, Vlad, Ștefan Vodă, Octavian Busuioc, Maxim Guzic, Busuioc, Aceştia Organizations: Baikal, Vamal Locations: Maxim Guzic, Chișinău, Căuşeni, vameș

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