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☆ The US is under pressure to lead the way in reducing plastic pollution — but it keeps making more of it
▼ + stars: | 2024-04-25 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

World leaders are gathering in Ottawa, Ontario, this week to hash out a global treaty to end plastic pollution. This story is available exclusively to Business Insider subscribers. AdvertisementHundreds of businesses and countries support cutting plastic production. Lin represents the Business Coalition for a Global Plastics Treaty, which includes more than 200 companies. Cutting plastic production would also hit the bottom line of oil majors such as Exxon.

Persons: Carroll Muffett, Jose Fernandez, Biden, Allison Lin, Lin, Stewart Harris, Harris, Neil Nathan, Nathan, He's Organizations: Service, Business, Center for International Environmental Law, Organization for Economic Co, Lawrence Berkeley National Laboratory, State Department, Mars Inc, Business Coalition, Global Plastics, Walmart, PepsiCo, International Council of Chemical Association, Oxford Economics, Exxon, The International Energy Agency, UC Santa Barbara, US Locations: Ottawa , Ontario, Russia, Iran, Saudi Arabia, Washington, DC, Paris, Ottawa, Belgium

☆ U.S. optimistic it will reach critical minerals deal with EU
▼ + stars: | 2023-10-02 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +2 min

REUTERS/Shelley Christians/File Photo Acquire Licensing RightsBRUSSELS, Oct 2 (Reuters) - The United States is optimistic it will conclude an agreement with the European Union to allow critical minerals mined or processed in Europe to qualify for U.S. clean vehicle tax breaks, a senior U.S. official said on Monday. The transatlantic partners are negotiating whether and how EU critical minerals, such as lithium and nickel, can qualify for green subsidies under the U.S. Inflation Reduction Act, which promotes products manufactured in North America. He added there was no plan to tie an agreement on critical minerals to the result of separate transatlantic negotiations to resolve a bilateral dispute over U.S. import tariffs on EU steel. The United States signed a minerals deal with Japan in March. Fernandez also said he was meeting EU officials to discuss an agenda for the next joint Trade and Technology Council, which the United States will host before the end of the year.

Persons: Jose W, Fernandez, Shelley Christians, Jose Fernandez, Philip Blenkinsop, Mark Potter Organizations: United, State, Economic Growth, Energy, Mining, REUTERS, Rights, European Union, U.S, State Department, Japan, EU, Trade, Technology Council, Thomson Locations: United States, Cape Town , South Africa, Rights BRUSSELS, Europe, U.S, North America, Brussels, Britain

☆ Watch CNBC's full interview with PayPal's Jose Fernandez da Ponte on the firm's new stablecoin
▼ + stars: | 2023-08-08 | by ( Mackenzie Sigalos | Jordan Smith | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with PayPal's Jose Fernandez da Ponte on the firm's new stablecoinCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jose Fernandez da Ponte of PayPal discusses the rollout of the firm's dollar-pegged stablecoin.

Persons: PayPal's Jose Fernandez da Ponte, explainers, Jose Fernandez da Ponte Organizations: CNBC, PayPal

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPayPal explains the vision for its dollar-pegged stablecoin: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jose Fernandez da Ponte of PayPal discusses the rollout of the firm's dollar-pegged stablecoin.

Persons: explainers, Jose Fernandez da Ponte Organizations: PayPal, CNBC Crypto, CNBC

Da Ponte denied a Bloomberg report that the payments processor paused development of its stablecoin in February. But da Ponte argues this troubled backdrop is exactly why PayPal is poised to succeed. Then there's the hypothetical digital dollar that would be the Fed's take on a central bank digital currency, or CBDC. "We have a large base of consumers; we have a large base of merchants," da Ponte said of PayPal's "two-sided network." Da Ponte sees PayPal's more than 20-year tenure in the payments space as one of the company's chief advantages in the stablecoin market.

Persons: Jose Fernandez da Ponte, PayPal's, Da Ponte, Paxos, it's, Ponte, stablecoins, Nic Carter, Stablecoins, Carter, Andy Bromberg, Andreessen Horowitz, Bromberg, PYUSD, Jeremy Allaire, Allaire, Patrick McHenry, McHenry Organizations: PayPal, CNBC, Bloomberg, SEC, New, Regulators, Valley Bank, U.S ., U.S, Castle, Ventures, Companies, Eco, Coinbase Ventures, Paypal, Facebook, Financial Services, America Locations: U.S, New York, Bromberg, web3, United States, R, DexTools

☆ Thousands evacuated as firefighters battle La Palma wildfire
▼ + stars: | 2023-07-16 | by ( Borja Suarez | ) www.reuters.com time to read: +3 min

[1/9] General view of the Tijarafe fire on the Canary Island of La Palma, Spain July 16, 2023 REUTERS/Borja SuarezJuly 16 (Reuters) - Firefighters were trying to contain a wildfire which burned out of control and forced the evacuation of at least 4,000 people on the Spanish island of La Palma, authorities said on Sunday. Firefighters were burning an area to ensure the blaze stopped at a road and did not spread further. “That is what we are going to do to secure all this area and try to save a house. "There has been some resistance by local people to leaving their homes, but I appeal to people to be responsible," Clavijo told reporters in La Palma. King Felipe VI of Spain telephoned Clavijo on Saturday to express his support with the people of La Palma, the Spanish royal household said.

Persons: Borja Suarez, ” Jose Fernandez, ” Manuel, Fernando Clavijo, Clavijo, King Felipe VI of Spain, Borja Suarea, Silvio Castellanos, Graham Keeley, Barbara Lewis, David Holmes Organizations: REUTERS, Firefighters, La Palma, Reuters, ”, La, Thomson Locations: La Palma, Spain, El Pinar de Puntagorda, Puntagorda, Tijarafe, Africa, Europe, Canary, Tenerife

☆ How to tell your company has layoffs planned. Some signs ‘will send shivers down your spine,’ career expert says
▼ + stars: | 2023-06-20 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Amazon, Dropbox and Lyft had the biggest layoffs in the tech industry for April. Google and Meta Platforms are responsible for the most tech layoffs since the pandemic, according to Layoffs.fyi. Look at WARN notices in your stateSo-called WARN notices can help workers figure out if layoffs are coming, Vivian Tu, a former trader turned influencer who goes by "Your Rich BFF," said in a March Instagram video. However, sometimes companies can avoid releasing these notices by spreading out the layoffs, said Susan Houseman, director of research for the W.E. "So maybe you're going to lay off 75, say you lay off 40 one month and 26 the next to avoid WARN notice," she said.

Persons: Daniel Grill, —, José Fernández, Lyft, Vivian Tu, influencer, BFF, Susan Houseman, Houseman Organizations: Challenger, Retailers, University of Louisville, Google, Worker, . Upjohn Institute, Employment Research

The Dallas-based carrier has blamed the hour-long outage on a vendor-supplied network firewall failure, causing a temporary loss of connection to key systems. Southwest told Reuters on Wednesday it opted to halt flights out of caution, adding there were no indications of a cyber attack. It declined to identify the vendor and did not address why this failure was not part of the company's planning. While the exact cause is not clear, some industry experts questioned why Southwest systems did not include more redundancy. Southwest was able to manually launch flights while SWIFT was down but decided to suspend departures at 8:27 a.m. CST.

☆ Women's NCAA roundup: South Florida tops Marquette in OT
▼ + stars: | 2023-03-18 | by ( ) www.reuters.com time to read: +5 min

South Florida won 67-65. Mandatory Credit: Jeff Blake-USA TODAY SportsMarch 18 - Elena Tsineke's jumper with 31.2 seconds left lifted eighth-seeded South Florida to a 67-65 overtime win over ninth-seeded Marquette in the first round of the NCAA Tournament's Greenville 1 Regional on Friday in Columbia, S.C."What a way to start the NCAA Tournament," South Florida coach Jose Fernandez said. Dulcy Fankam Mendjiadeu had 22 points and 16 rebounds for the Bulls (27-6), with Tsineke adding 13 points. South Florida rallied from an 11-point deficit with 2:40 left in the third quarter to take a 59-55 lead with 31 seconds to play. Zia Cooke had 11 points and five rebounds, while Laeticia Amihere came off the bench to add 11 points for South Carolina, playing at home in Columbia.

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