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The first congestion pricing program in the United States will begin in New York City on June 30, the Metropolitan Transportation Authority announced on Friday, signaling the possible end of a bitter fight over a plan that promises to ease some of the worst traffic in the nation. With months still to go before the program’s scheduled rollout, legal and political clashes still threaten to dilute or stop it altogether. Philip D. Murphy of New Jersey, influential unions and some elected New York City officials — have ratcheted up a long-running effort to keep congestion pricing from taking effect. Under the program, most passenger cars will be charged $15 a day to enter a congestion zone below 60th Street in Manhattan. Taxi fares would increase by $1.25, and Uber and Lyft fares would rise by $2.50.
Persons: Philip D, Murphy, Uber Organizations: Metropolitan Transportation Authority, Gov, New York, Trucks Locations: United States, New York City, Murphy of New Jersey, Manhattan
But the rattling shook buildings in New York City and drove startled residents into the streets. Image The command room of New York City Emergency Management. Today’s earthquake Magnitude 4.8 Conn. Pa. 1964 4.5 1994 4.6 250-mile radius from New York City Md. 250-mile radius from New York City Del. While earthquakes in New York City are surprises to most, seismologists say the ground is not as stable as New Yorkers might believe.
Persons: , Kathy Hochul, ” Gov, Philip D, Murphy, Con Edison, Eric Adams, , Adams, Zach Iscol, Dave Sanders, Ron Hamburger, Valorie Brennan, Ada Carrasco, The New York Times “ I’ve, Kristina Feeley, Feeley, Folarin, “ There’s, Kolawole, Lazaro Gamio, Riyad H, Mansour, Janti, Hamburger, Michael Kemper, Clara Dossetter, David Dossetter, Dossetter, ’ ”, Lola Fadulu, Gaya Gupta, Hurubie Meko, Michael Wilson, William J . Broad, Kenneth Chang, Emma Fitzsimmons, Sarah Maslin Nir, Erin Nolan, Mihir Zaveri, Maria Cramer, Grace Ashford, Camille Baker, Liset Cruz, Michael Paulson, Patrick McGeehan, Troy Closson Organizations: , United States Geological Survey, Police Department, Fire Department, Con, Gracie Mansion, The New York Times, Whitehouse, New York City Emergency Management, Credit, Lamont, Columbia University, Maine CANADA, New York City Del, Lincoln Center, New York Philharmonic, United Nations, Children U.S, Security, New York Police, United Airlines, Newark Liberty International Airport Locations: Newark, New Jersey, Manhattan, Philadelphia, Boston, New York City, New York, Rockland County, Murphy of New Jersey, Whitehouse, N.J, California, Japan, Zach Iscol , New York, New, Northridge, Los Angeles, Califon, Marble, Ramapo, New York , New Jersey, Pennsylvania, Palisades, N.Y, N.H, Pa, New York City Md, Del, Va, Maine, R.I, Md, Palestinian, Gaza, East Coast, , York, San Francisco, Gaya
An aide said that Ms. Murphy, the wife of Gov. Philip D. Murphy, had held a meeting with county Democratic Party leaders at 2 p.m. on Sunday before making a final decision and notifying her campaign staff members. Ms. Murphy, 58, entered the race in November and was instantly endorsed by a coalition of influential party leaders, including many whose livelihoods were dependent on the governor, who has nearly two years left in his term. Since then, Mr. Kim has successfully yoked Ms. Murphy’s campaign to what he called the same style of “broken politics” that nurtured and protected Mr. Menendez for decades. The first independent poll of the race showed Ms. Murphy trailing Mr. Kim by 12 percentage points.
Persons: Murphy, Philip D, Kim, Menendez Organizations: Democratic Party, Benz
Tammy Murphy, the wife of New Jersey Democratic Gov. Phil Murphy, announced Sunday that she would withdraw from the state's Democratic Senate primary contest. The winner of that June 4 election will become the favorite to replace indicted Democratic Sen. Bob Menendez. Murphy's exit widens the path for Democratic Rep. Andy Kim to lock down his frontrunner status ahead of the primary. The Murphy campaign declined to provide further comment.
Persons: New Jersey Tammy Snyder Murphy, Philip D, Murphy, Tammy Murphy, Phil Murphy, Democratic Sen, Bob Menendez, Andy Kim, Menendez, Donald Trump, Kim, Larry Hamm, Patricia Campos, Medina, Steven Fulop, It's, Fulop Organizations: New Jersey Democratic Gov, Democratic Senate, Democratic, Democratic Rep, Democrat, Independent, Prosecutors, Benz, Republican, Jersey City Locations: New Jersey, of New Jersey, Trenton , New Jersey, United States, Monmouth County, NJ
Less than a year ago, the governor of New Jersey, Philip D. Murphy, signed legislation that weakened the power of a watchdog agency set up to police election campaigns. Now, lawmakers are moving to limit another good-government effort, a public records law established to limit corruption by encouraging government transparency. Mr. Murphy, a Democrat, has not addressed the proposal publicly, and his spokesman refused to comment on whether he would sign the bill if it reached his desk. The public records law, known as the Open Public Records Act, was adopted 21 years ago, well before the explosion of digital communications magnified the volume of information covered by the act — and expanded the universe of people seeking to obtain the data. For-profit companies now use government records laws to obtain data central to their business models, at times burdening taxpayer-funded agencies, and there has been a bipartisan push across the country to evaluate public records laws.
Persons: Philip D, Murphy, Tammy Murphy Organizations: Democrat, U.S . Senate, Democratic, Records Locations: New Jersey
Tammy Murphy, the first lady of New Jersey, gained crucial support in her bid for the U.S. Senate on Monday night, winning the Democratic convention vote in Bergen County by a decisive margin. The vote was 738 for Ms. Murphy, 419 for Mr. Kim. Over the past month, Mr. Kim, 41, won the first five county conventions in New Jersey that permitted delegates to select a nominee, including in Monmouth County, where Ms. Murphy and her husband, Gov. Philip D. Murphy, have lived for 25 years. With the support of Mr. Murphy, who has nearly two years left in his term, Ms. Murphy, 58, racked up early endorsements from a raft of influential Democratic officials even before hitting the campaign trail.
Persons: Tammy Murphy, Murphy’s, Andy Kim, Murphy, Kim, Philip D Organizations: U.S . Senate, Democratic, Jersey Democrat Locations: New Jersey, Bergen County, Jersey, Monmouth County
Tammy Murphy, New Jersey’s first lady who is running for U.S. Senate, has lagged behind her main Democratic primary opponent, Representative Andy Kim, in public opinion polls and in the race for momentum among rank-and-file voters. On Thursday, in a sign of a shifting strategy, she said goodbye to her campaign manager, Max Glass. “We are extremely grateful for the value and the passion that Max brought to our team and his efforts to stand up this campaign,” the campaign’s spokeswoman, Alex Altman, said. Ms. Murphy, the wife of New Jersey’s governor, Philip D. Murphy, began her campaign for the seat now held by the state’s embattled senior senator, Robert Menendez, in November. Mr. Menendez, who has been charged with accepting bribes in exchange for political favors, has not ruled out running for re-election.
Persons: Tammy Murphy, New Jersey’s, Andy Kim, Max Glass, Max, Alex Altman, Murphy, New, Philip D, Robert Menendez, Mr, Menendez Organizations: New, U.S . Senate, Democratic
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBahamas PM fears climate action could be sidelined by geopolitics 'but we have to continue pushing'Bahamian Prime Minister Philip Davis talks to CNBC’s Tania Bryer about his response to the outcomes of COP28, as leader of one of the Small Island Developing States who are on the frontlines of climate impact.
Persons: Philip Davis, CNBC’s Tania Bryer Organizations: Bahamian
How the Red Sea crisis could clobber the global economy
  + stars: | 2024-01-10 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +9 min
The Suez Canal accounts for 10-15% of world trade, which includes oil exports, and for 30% of global container shipping volumes. Maersk CEO Vincent Clerc told the Financial Times Thursday that re-establishing safe passage through the Red Sea could take “months.” “It could potentially have quite significant consequences on global (economic) growth,” he added. Ikea has warned of shipment delays and potential shortages of certain products due to disruption in the Red Sea. Some ocean carriers that ordinarily transit through the Panama Canal had rerouted to the Suez Canal before the attacks in the Red Sea escalated, according to logistics company C.H. Matthew Burgess, vice-president of global ocean services at the firm, said global shipping capacity would be constrained for a while yet.
Persons: Joe Biden, Vincent Clerc, Germany’s, Mohamed, El Erian, ” Simon MacAdam, Lily Millard, Ben May, Good Hope, , ” It’s, Abercrombie &, Nathan Howard, , ” Philip Damas, , Judah Levine, Levine, Eric Thayer, Carolina Klint, Marsh McLennan, Robinson, Matthew Burgess, we’ve, Gene Seroka, Burgess, C.H Organizations: London CNN, British, Energy, World Bank, Maersk, MSC, Lloyd, CMA CGM, Financial Times, Global, Germany’s Kiel Institute, Allianz, Bank, Capital Economics, Oxford Economics, European Automobile Manufacturers ’ Association, Ikea, CNN, Abercrombie, Abercrombie & Fitch, Bloomberg, Getty, Drewry Supply Chain Advisors, Marsh, United, Port Locations: Iran, Crocs, Suez, Yemen, Gaza, Germany, Brent, Gulf, Oman, South Africa, Germany’s Kiel, Red, Israel, Good, Europe, , China, Asia, Los Angeles, United States, Panama, Rotterdam, of Los Angeles, of New York, New Jersey
DENVER (AP) — Deion Sanders reinvigorated a fanbase and put a downtrodden football program back on the map in his first season at Colorado. It was a roller-coaster inaugural season as Sanders took over a 1-11 Colorado team. The Buffaloes sprinted out of the gate, going 3-0 and becoming the the talk of college football. This marks the seventh time Deion Sanders has appeared on the cover of Sports Illustrated, five times as a player and one other time when he was coach at Jackson State. “On and off the field, he represents a new model for the modern college coach.”___AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
Persons: — Deion Sanders, Sanders, ” Sanders, Shedeur, Deion Jr, Shelomi, Rick George, Philip DiStefano, Peggy Coppom, Constance Schwartz, Deion Sanders, “ Deion Sanders, ” Stephen Cannella, Organizations: DENVER, Buffaloes, Sports Illustrated, Colorado, Folsom Field, The Buffaloes, Jackson State, Sports, AP Locations: Colorado, Folsom
Menendez and his wife were indicted in September on federal charges of bribery, conspiracy and extortion. Tammy Murphy, the wife of New Jersey Democratic Gov. Phil Murphy, launched a primary campaign Wednesday to unseat the state's indicted Democratic Sen. Bob Menendez. Tammy Murphy joined several other New Jersey democrats already vying for the Menendez seat. One day after the charges against Menendez went public, Rep. Andy Kim announced his entrance into the senate race.
Persons: New Jersey Tammy Snyder Murphy, Philip D, Murphy, Menendez, Sens, Tommy Tuberville, Rand Paul, Tammy Murphy, Phil Murphy, Democratic Sen, Bob Menendez, Sen, Edward Sunyol Kiel, Dirksen, Andy Kim, Kim, Larry Hamm, Goldman Sachs Organizations: Prosecutors, Twitter, New Jersey Democratic Gov, Democratic, U.S, District of, People's Organization for Progress, Republican Locations: New Jersey, of New Jersey, Trenton , New Jersey, United States, Washington, District of New Jersey, Jersey, U.S
OXFORD, England (AP) — Fans of Philip Pullman have been waiting almost five years for the final instalment in the author’s sextet of books about his intrepid heroine Lyra and her adventures in multiple worlds. “I haven’t got a title yet,” Pullman told The Associated Press in his home city of Oxford, where he was honored Thursday with the Bodley Medal. I haven’t found the right title yet — but I will.”The medal, awarded by Oxford University’s 400-year-old Bodleian Libraries, honors contributions to literature, media or science. Pullman says the next book will be his final foray into Lyra’s world -– though he also said that after the first trilogy, only to be tempted back. “There are other things I want to do,” including a book about words and images and how they work together on the imagination.
Persons: Philip Pullman, Lyra, haven’t, ” Pullman, Bodley, , Tim Berners, Lee, Stephen Hawking, Hilary, Kazuo Ishiguro, Zadie Smith, Colm Tóibín, Pullman, Canterbury Rowan Williams, , Pullman’s, Philip doesn’t, ” Williams Organizations: OXFORD, Associated Press, Oxford, HBO, Locations: England, Oxford, Pullman, Canada, United States
FTX Founder Sam Bankman-Fried leaves Manhattan Federal Court after a court appearance on June 15, 2023 in New York City. When he asked his deputies about the hole, Bankman-Fried testified that they "told me they were busy and I should stop asking questions because it was distracting." Bankman-Fried testified that he was growing frustrated with regulators and skeptical about what they were doing. After the mid-morning break, Cohen asked Bankman-Fried to clarify a few things. WATCH: FTX founder retakes stand
Persons: Sam Bankman, Michael M, Danielle Sassoon, Sassoon, Bankman, Philip Davis, Fried, he'd, Ryan Salame, Matias J, Mark Cohen, Cohen, Vox, hadn't, wasn't, Jane Rosenberg, , Dawn Giel, retakes Organizations: Santiago, Getty, Alameda Research, U.S, Bahamian, Heat, Ocner, Miami Herald, Tribune, Service, Reuters, Washington , D.C Locations: Manhattan, New York City, Bahamas, FTX, Miami, Miami , Florida, U.S, Alameda, Bankman, Washington ,
The vessel's ability to carry a powerful heavyweight torpedo capable of defeating ships and submarines — the US-made Mark 48, or Mk-48 — is a real eye-catching feature. The vessel — its English name "Narwhal" and Mandarin name "Hai Kun" — is the first sub of the island's Indigenous Defense Submarine program, a top priority in Taipei. AdvertisementAdvertisementTaiwan President Tsai Ing-wen receiving a submarine model in front of Taiwan's first locally built submarine, "Narwhal," during the vessel's unveiling ceremony at the CSBC Corporation shipbuilding company in Kaohsiung in September. US Navy/MC1 Michael B ZingaroOriginally designed in the late 1960s and deployed in the late 1980s, the Mk-48 torpedo was intended to counter advances in Soviet submarine technology. These considerations make the Mk-48 torpedo key.
Persons: , Tom Shugart, who's, they're, Tsai Ing, Bryan Clark, Clark, Donald Trump, Michael B, It's, Shugart, MCSN Jaimar Carson, Huang Shu, kuang, they've, Philip Davidson, Michael B Zingaro, it's, Huang, wouldn't Organizations: China, Service, US, Center, New, New American Security, Indigenous Defense, CSBC Corporation, SAM, Getty, US Navy, Hudson Institute, Army, Pacific Command, Tomahawk, Maritime Locations: Taiwan, bulking, New American, Kaohsiung, Taipei, AFP, Los Angeles, Columbia, Soviet, Jefferson City, Beijing, China, Ukraine
The vessel's ability to carry a powerful heavyweight torpedo capable of defeating ships and submarines — the US-made Mark 48, or Mk-48 — is a real eye-catching feature. The vessel — its English name "Narwhal" and Mandarin name "Hai Kun" — is the first sub of the island's Indigenous Defense Submarine program, a top priority in Taipei. AdvertisementAdvertisementTaiwan President Tsai Ing-wen receiving a submarine model in front of Taiwan's first locally built submarine, "Narwhal," during the vessel's unveiling ceremony at the CSBC Corporation shipbuilding company in Kaohsiung in September. US Navy/MC1 Michael B ZingaroOriginally designed in the late 1960s and deployed in the late 1980s, the Mk-48 torpedo was intended to counter advances in Soviet submarine technology. These considerations make the Mk-48 torpedo key.
Persons: , Tom Shugart, who's, they're, Tsai Ing, Bryan Clark, Clark, Donald Trump, Michael B, It's, Shugart, MCSN Jaimar Carson, Huang Shu, kuang, they've, Philip Davidson, Michael B Zingaro, it's, Huang, wouldn't Organizations: China, Service, US, Center, New, New American Security, Indigenous Defense, CSBC Corporation, SAM, Getty, US Navy, Hudson Institute, Army, Pacific Command, Tomahawk, Maritime Locations: Taiwan, bulking, New American, Kaohsiung, Taipei, AFP, Los Angeles, Columbia, Soviet, Jefferson City, Beijing, China, Ukraine
London CNN —Claudia Goldin, a professor at Harvard University, was awarded the Nobel Prize in economics Monday for her research into women’s income and employment. Jakob Svensson, chair of the committee for the prize in economic sciences, added: “Understanding women’s role in the labor market is important for society. Thanks to Claudia Goldin’s groundbreaking research we now know much more about the underlying factors and which barriers may need to be addressed in the future.”Claudia Goldin Harvard UniversityGoldin was born in 1946 in New York. She is the author of several books and is best-known for her work on the history of women in the US economy. The economics prize is officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
Persons: London CNN — Claudia Goldin, Goldin, , Jakob Svensson, Claudia Goldin’s, ” Claudia Goldin Harvard, ” Claudia Goldin Harvard University Goldin, Henry Lee, Alfred Nobel, Ben Bernanke, Douglas Diamond, Philip Dybvig Organizations: London CNN, Harvard University, Royal Swedish Academy of Sciences, ” Claudia Goldin Harvard University, National Bureau of Economic Research, Sveriges, Economic Sciences, Federal Locations: New York, United States, Swedish
So he met with its prime minister to discuss paying off its whole national debt, per Michael Lewis' biography. AdvertisementAdvertisementSam Bankman-Fried once discussed paying off the Bahamas' entire national debt with the country's prime minister, according to an excerpt of Michael Lewis' upcoming biography shared by The Times of London. So Bankman-Fried started considering the idea of paying off the Bahamas' national debt himself, so the country could fix roads and build schools more easily, according to Lewis. That idea was also discussed in a meeting with the prime minister of the Bahamas, Philip Davis, the biography says. The Office of the Prime Minister of the Bahamas did not immediately respond to Insider's request for comment, sent outside normal working hours.
Persons: FTX, SBF, Michael Lewis, , Sam Bankman, Fried, Lewis —, Lewis, Philip Davis, Davis, Donald Trump Organizations: Service, The Times, CBS, International Monetary Fund Locations: Hong Kong, Bahamas, Caribbean, London, , Nassau
The Nobel Prize in Medicine was awarded Monday to two scientists whose work led to the mRNA vaccines against COVID-19. As countries prepared to roll out those shots, The Associated Press took a look at how the vaccines were developed so quickly. ___How could scientists race out COVID-19 vaccines so fast without cutting corners? A head start helped -- over a decade of behind-the-scenes research that had new vaccine technology poised for a challenge just as the coronavirus erupted. Both shots — one made by Pfizer and BioNTech, the other by Moderna and the National Institutes of Health — are so-called messenger RNA, or mRNA, vaccines, a brand-new technology.
Persons: Dr, Anthony Fauci, Buddy Creech, ” Creech, Tal Zaks, , Drew Weissman, Weissman, Katalin, Philip Dormitzer, Barney Graham’s, ” Fauci, Graham, Jason McLellan, hadn't, , ” Graham, Germany’s, Pfizer’s Dormitzer, Ugur Sahin Organizations: Medicine, COVID, Associated Press, Vanderbilt University, Infectious Diseases Society of America, Pfizer, BioNTech, Moderna, National Institutes of Health, NIH, University of Pennsylvania, Penn, NIH’s Vaccine Research Center, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Department of Science Education, AP Locations: U.S, Massachusetts, BioNTech, New York, China
"The UK has been one of the real leaders in climate diplomacy and in their own emissions reductions," Ireland’s climate minister Eamon Ryan told Reuters. But according to the Climate Change Committee’s June 2023 progress report to parliament, to hit mid-way climate targets, Britain must quadruple its annual emissions reductions outside the electricity supply sector by 2030. He said he was changing the policy because previous governments had moved too quickly to set net zero targets, without securing the support of the public. Delaying net zero transition investments could prove politically popular, analysts observed, if an election was on the horizon. But "this framing only works if you think climate policy is a burden", said Bob Ward, a climate policy researcher at the London School of Economics and Political Science, adding that avoiding short-term costs was likely to lead to a greater bill for taxpayers down the road.
Persons: Eamon Ryan, Rishi Sunak, Bob Ward, Britain's, Simone Tagliapietra, Sunak’s, Philip Dunne, Susanna Twidale, Gloria Dickie, Kate Abnett, Elizabeth Piper, Ed Osmond, Alison Williams Organizations: Reuters, United Nations, London School of Economics, Political, Global, Thomson Locations: Britain, Ukraine, Poland, Slovakia, Netherlands, Brussels, U.S, London
Mark Schiefelbein/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Aug 16 (Reuters) - A bipartisan group of former senior U.S. national security officials urged Congress on Wednesday to dedicate resources to President Joe Biden's recent order restricting some outbound U.S. investment to China, calling it a top priority. The further development of outbound investment transparency and review should be "among your top foreign policy priorities", they wrote, calling it essential that Congress commit resources to implementation. Biden's order, issued last week but expected to be implemented next year, is aimed at preventing American capital and expertise from helping China develop technologies that could support its military modernization and undermine U.S. national security. Peter Harrell, a former Biden National Security Council official, and former commanders of the U.S. Indo-Pacific Command Harry Harris and Philip Davidson, were among the other officials who endorsed the letter. China has said it is "gravely concerned" by the order, though some U.S. lawmakers have criticized it as having too many loopholes.
Persons: Janet Yellen, Mark Schiefelbein, Joe Biden's, Trump, Matt Pottinger, Colin Kahl, , aren't, Chuck Schumer, Kevin McCarthy, Peter Harrell, Pacific Command Harry Harris, Philip Davidson, Michael Martina, Sharon Singleton Organizations: Rights, U.S, Reuters, Democratic, Republican, Treasury, Biden National Security Council, Pacific Command, Thomson Locations: United States, Diaoyutai, Beijing, China, U.S
Breakthroughs in satellite technology have helped commercialize blue-carbon credits. Over $50 billion worth of carbon credits have been predicted to be traded annually in the voluntary market, according to McKinsey. Blue carbon, which is stored in coastal and marine ecosystems, has become an increasingly important asset in the fight against the climate crisis. Carbon credits can then be verified and issued faster. Satellite data has to be paired with sonar, divers collecting information, or other field data, she added.
Persons: Philip Davis, Guy Wolf, Oxford University spinout OxCarbon, it's, Wolf, David Gross, you've, Thomas Merriman, Donna Lyndsay, Traganos, It's, Kita's Merriman, Merriman, Zoë Balmforth, Cameron Frayling Organizations: McKinsey ., World Resources Institute, Tech, Oxford University, Bank OxCarbon, Kita, Ordnance Survey Locations: Bahamas, Caribbean, Islamorada , Florida
A U.S. senator accused New York of orchestrating a “shakedown” of New Jersey commuters. A Democratic congressman implied that the fall from grace of New York’s former governor Andrew Cuomo was karmic payback for his support for the new tolls, known as congestion pricing. Another accused the head of North America’s largest mass transit system of giving children cancer. The gloves are off in a long-simmering border war between New York and New Jersey. And this latest battle has given rise to a curious new set of allies and enemies, allegations of hypocrisy and vivid trash talk — a situation that may grow only more intense as the start of congestion pricing nears, possibly in May next year.
Persons: Philip D, Murphy, Andrew Cuomo, Mr, Organizations: New, Biden, Democratic Locations: New Jersey, New, Midtown Manhattan, U.S, York, New York
Sheila Y. Oliver, New Jersey’s lieutenant governor and the first Black woman to hold statewide elected office there, died on Tuesday after being rushed to the hospital the day before. Ms. Oliver, a Democrat and longtime resident of East Orange, N.J., was elected lieutenant governor in 2017 as Gov. In 2010, she became the first Black woman to lead the predominantly male State Assembly. Ms. Oliver had been serving as acting governor of New Jersey since Mr. Murphy and his family left over the weekend for a vacation in Italy, where they own a home. Mr. Murphy will return to New Jersey within the next few days, a spokesman said.
Persons: Sheila Y, Oliver, New, Philip D, Murphy, Nick Scutari Organizations: Democrat Locations: East Orange, N.J, New Jersey, Italy
The new duty is particularly significant for being more granular, requiring "good outcomes" and no "forseeable harm" for customers across products and services, price and value. The duty will help the FCA tackle harms pre-emptively to stop a mis-selling scandal in the first place, she added. Firms will have to demonstrate to the FCA how they are providing good outcomes, a step the watchdog hopes will improve on the low trust in financial services. It says it will help ensure that banks pass on higher interest rates to savers, and provide help to those struggling to pay a mortgage. ($1 = 0.7770 pounds)Reporting by Huw Jones; Editing by Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.
Persons: Nisha Arora, Arora, Philip Deeks, James's, Jonathan Herbst, Herbst, KPMG's Deeks, Deeks, Huw Jones, Conor Humphries Organizations: Financial, Authority, FCA, Reuters, Norton Rose, Thomson
Marc Hustvedt, president of the YouTube empire MrBeast, likens Jimmy Donaldson's stardom and impact to that of a professional athlete. "To me, creators, particularly YouTube creators, always stood out," Hustvedt said. "A 100-million-view video is exponentially more valuable than 20 5-million-view videos," Hustvedt said. "Get really, really good at making the content," he said. "It sounds so basic, but in practice, it's really, really hard."
Persons: MrBeast, Alberto E, Rodriguez, Marc Hustvedt, Hustvedt, Jimmy Donaldson's, Donaldson, Philip DeFranco, he's, MrBeast doesn't, Anita Elberse, YouTubers Rhett, Link, Smosh, Smosh cofounders Anthony Padilla, Ian Hecox, it's Organizations: Nickelodeon, Microsoft Theater, YouTube, React Media, Hustvedt, Blockbuster, Big Business, Entertainment, Harvard Business, Twitter Locations: Los Angeles , California, Greenville , North Carolina, VidCon, India, Brazil
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