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☆ EXCLUSIVE-Toyota-backed self-driving startup Pony.ai considers going public
▼ + stars: | 2021-06-25 | by ( Reuters Staff | ) www.reuters.com + 0.00 time to read: +2 min

FREMONT, California, June 25 (Reuters) - Self-driving tech company Pony.ai, backed by Toyota Motor Corp, is considering going public in the United States to help fund its goal of commercializing driverless ride-hailing services, its chief executive told Reuters. “We’re still debating and considering,” said Peng, when asked about the time frame for a public share sale. Earlier this month, it said it had begun driverless testing on public roads in California’s Fremont and Milpitas ahead of the planned launch of a robotaxi service next year. It has also been testing driverless vehicles in Guangzhou, China. He said the next big challenge is to reduce manufacturing costs for driverless vehicles while expanding into more cities and regions and ensuring safety in different environments.

Persons: Motors Co’s, James Peng, ”, Lawrence Steyn, “ We’re, Peng, “ It’s, ” ROBOTAXI, Lou Tiancheng, Hyunjoo Jin, Christopher Cushing Organizations: Toyota Motor Corp, Reuters, Motors, JPMorgan Chase &, Google, Baidu Inc, Toyota Locations: FREMONT, California, United States, China, California’s Fremont, Milpitas, Guangzhou, Irvine , California

☆ Near-term global bond market correction likely-strategists: Reuters poll
▼ + stars: | 2021-06-25 | by ( Vivek Mishra | Manjul Paul | ) www.reuters.com + 0.00 time to read: +4 min

The MOVE index - a bond market volatility gauge - hit a two-month high on Monday, underscoring those mixed signals and uncertainty about the near-term. In the June 17-24 poll, over 60% of fixed-income strategists, or 25 of 41, who answered an additional question said a significant sell-off in global bond markets was likely over the next three months. (Graphic - Reuters Poll: Major sovereign bond yields outlook, )Still, beyond the near-term, yields on major sovereign bonds were expected to have risen relatively modestly in a year, according to the poll of 80 fixed-income strategists. The Fed’s heavy presence in bond markets as a buyer is expected to prevent a runaway rise in yields, which the central bank will not want to happen. When asked how high would U.S. 10-year Treasury yields rise to over the next three months, the median of 30 analysts was 1.75%, with forecasts ranging between 1.5% and 2.0%.

Persons: Lucas Jackson, Jerome Powell, Powell, We’re, ”, Elwin de Groot, “ We’re, Leslie Falconio, Guneet Dhingra, Morgan Stanley, “ Organizations: REUTERS, Lucas Jackson Financial, Federal, Rabobank, Fed, UBS Global Wealth Management, U.S, Treasury Locations: BENGALURU, New York City , New York, U.S

☆ Live Updates: Residential Building Near Miami Beach Partially Collapses
▼ + stars: | 2021-06-24 | by ( Jenny Gross | Patricia Mazzei | ) www.nytimes.com + 0.00 time to read: +3 min

“We are bracing for some bad news,” the Florida governor said, as a large rescue effort was underway in the town of Surfside. Video A search-and-rescue effort is underway on Thursday after a high-rise residential building just north of Miami Beach partially collapsed. Credit Credit... Marco Bello/ReutersA major search-and-rescue effort was underway on Thursday morning after the partial collapse of a high-rise residential building in Surfside, Fla., just north of Miami Beach. Charles W. Burkett, the mayor of Surfside, told the “Today” show on NBC that he had heard from the police that medical teams had treated 10 people at the site. Images from WPLG Local 10, a Miami TV station, showed firefighters pulling a boy from the rubble amid piles of debris and rebar.

Persons: Marco Bello, Ron DeSantis, Daniella Levine Cava, “ We’re, Ray Jadallah, Jadallah, ”, Charles W, Burkett, “, haven’t, that’s, there’s, Mary Parker Organizations: Credit, Reuters, Miami - Dade Fire Rescue, Aventura Hospital, Medical Center, NBC, Miami -, WPLG, Miami TV Locations: Florida, Surfside, Miami Beach, Fla, Miami, Dade County, ”, Champlain, Miami - Dade

☆ How hate incidents led to a reckoning of casual racism against Asian Americans
▼ + stars: | 2021-06-23 | by ( Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com + 0.00 time to read: +9 min

Celebrities like Jay Leno, who have long profited from jokes about Asian Americans, began to rethink past slights. Asian Americans have dealt with an undercurrent of racism for centuries, since Asian immigrants first arrived in the U.S. more than 150 years ago. “It is violence — especially for a group that has been de-racialized and basically whitened,” Nadia Kim, a professor of sociology and of Asian & Asian American studies, said. Research shows that suicide is the second-leading cause of death for Asian Americans aged 15-34. When looking at women of all racial backgrounds 65 to 84, Asian Americans had the highest suicide rate.

Persons: Delia Cai, microaggressions, Cai, “, ’ ” Cai, it's, ” Tessa Samburg, Jay Leno, Samburg, ”, he's, ” Samburg, ” Nadia Kim, it’s, Kim, Ellen Wu, ” Kim, Van C, Tran, they’re, “ We’re, ” Tran, ‘, ’ ” Organizations: NBC Asian, &, Loyola Marymount University, South Asian, City University of New York's Graduate Center, Research Locations: Peoria , Illinois, American, New York City, Chinatown, New York, Brooklyn, NBC Asian America, Sacramento , California, U.S, America, East

☆ French court sets date in Apple case over App Store developer contracts
▼ + stars: | 2021-06-23 | by ( Mathieu Rosemain | ) www.reuters.com sentiment -1.00 time to read: +1 min

PARIS (Reuters) -A French court has set Sept. 17 as the date for hearing a case brought by the finance ministry against Apple over allegedly abusive contractual terms imposed by the tech giant for selling software on its App Store. FILE PHOTO: An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike SegarThe case, judged by Paris’ commercial court, is unlikely to lead to a significant fine if Apple is found guilty, based on previous similar cases. But the court could compel the iPhone maker to change some of its App Store contractual terms. France’s leading startup lobby France Digitale has joined the case, according to a court document seen by Reuters.

Persons: Mike Segar, “ Fortnite, Bruno Le Maire, France Digitale, “ We’re, ”, Nicolas Brien, Apple Organizations: PARIS, Apple, REUTERS, Paris, Finance, France, Reuters Locations: Manhattan, New York City, France

☆ Australian shale play Tamboran to debut, defying green energy push
▼ + stars: | 2021-06-23 | by ( Sonali Paul | ) www.reuters.com + 0.00 time to read: +3 min

MELBOURNE (Reuters) - Shale gas explorer Tamboran Resources is set to debut on the Australian bourse on June 30 in the country’s biggest oil and gas float in a decade, pitching itself as a growth story despite the world’s push toward greener energy. Tamboran owns assets in the Beetaloo shale sub-basin in the Northern Territory, considered comparable to the prolific Marcellus Shale, the biggest U.S. natural gas field. “If they can get the flow rates that are needed to be economic, the Beetaloo could have quite a big impact on the Australian gas industry,” said Daniel Toleman, an analyst at consultants Wood Mackenzie. The Australian government, eager to see the remote basin developed, has committed A$224 million to improve roads and spur drilling there. Beetaloo gas has a carbon dioxide (CO2) content of just 3%, which the company plans to offset using renewable energy, carbon credits, and carbon capture.

Persons: Marcellus, ”, Daniel Toleman, Wood Mackenzie, “ It’s, There’s, Saul Kavonic, Tamboran, Joel Riddle, ” Riddle, Richard Stoneburner, Fielding, Riddle, James Hood, Regal, “ We’re, TotalEnergies Organizations: MELBOURNE, Australian bourse, Northern, fracking, Credit, Santos Ltd, Reuters, BHP Group, International Energy Agency, Regal Funds, Inpex Corp Locations: Northern Territory, South Australia, Australia, United States, Europe, Asia, U.S, Darwin, Queensland

☆ U.S. stocks end mixed with Nasdaq at record close, dollar gains
▼ + stars: | 2021-06-23 | by ( Chris Prentice | Elizabeth Howcroft | ) www.reuters.com + 0.00 time to read: +5 min

WASHINGTON/LONDON (Reuters) -Wall Street shares were mixed on Wednesday, with the Nasdaq closing at a record high, while other major U.S. indexes ended lower alongside European stocks as traders eyed the latest statements from Federal Reserve officials. Ten-year Treasury yields inched higher but remained below 1.5% in muted trading. [US/]Strong manufacturing data and a rally in Tesla Inc lifted the Nasdaq, which gained 0.13 percent. Germany’s private-sector growth was also lifted to its highest level in more than a decade in June, the PMI survey showed. UBP’s Kazmi said that he is positioned for higher yields in Europe, as it overtakes the United States in terms of vaccinations, lockdown easing and economic recovery from COVID-19.

Persons: Jerome Powell, Powell, ”, Peter Tuz, “ We’re, JJ Kinahan, TD, “, Holger Schmieding, Kallum Pickering, UBP’s Kazmi, ” Tuz, Powell’s reassurances, Ether Organizations: WASHINGTON, LONDON, Wall, Nasdaq, Federal Reserve, REUTERS, Staff, Tesla Inc, Dow Jones, Chase Investment, Flash, Wall Street, U.S, TD Ameritrade, Treasury, PMI, Bank of England, Fed, ECB, Brent, Colombian, American Locations: U.S, Frankfurt, Germany, United, COVID, Charlottesville , Virginia, France, Britain, Europe, United States, German, North America, Chilean

☆ Egypt eyes surge in fintech investment after new laws
▼ + stars: | 2021-06-22 | by ( Patrick Werr | ) www.reuters.com + 0.00 time to read: +5 min

It has just completed a share swap to take over fintech company Halan Inc, Mounir Nakhla, a cofounder of both firms, told Reuters. MNT has attracted $50 million from venture capital funds and other investors, and hopes to raise more capital soon. “There will be several unicorns in the fintech space in Egypt,” said Alfi. Established in Egypt in 2018, MoneyFellows now has 1.5 million users and has raised capital of $11 million. It tentatively plans to raise $20 million or more from venture capital funds this year to expand into new products and countries.

Persons: Mounir, ”, Nakhla, MNT, Mohamed Essam, Essam, “, UNICORNS Ahmed Alfi, Sawari, MoneyFellows, Ahmed Wadi, “ We’re, Ashraf Sabry, Fawry, Sabry Organizations: Halan Inc, Reuters, Financial Regulatory Authority, UNICORNS, Sawari Ventures Locations: CAIRO, Egypt, China, India, Kenya, Indonesia, Matouk, MNT, ”, Africa, “

☆ Nasdaq eyes record closing high as Powell testimony looms
▼ + stars: | 2021-06-22 | by ( Devik Jain | Medha Singh | ) www.reuters.com + 0.00 time to read: +3 min

REUTERS/Brendan McDermidAmazon.com Inc, up 1.3%, was among the top boosts to S&P 500 and the Nasdaq, as it entered the second day of its multibillion-dollar online sales event, Prime Day. [nFWN2O40KI]In his prepared remarks released late Monday afternoon, Powell reiterated that recent high inflation was expected to prove temporary. Gains in tech heavyweights including Apple Inc, Amazon.com, Nvidia and Microsoft were among the biggest support for the S&P 500, bringing the benchmark index less than 0.5% of its record high. Still, energy, financials and other economically sensitive stocks that stand to benefit the most from a U.S. re-opening, have far outpaced the benchmark S&P 500 and the blue-chip Dow indexes year-to-date. Sanderson Farms jumped 10.4% to a record high as J.P. Morgan raised its price target on the stock after a source told Reuters that the chicken producer was exploring a sale.

Persons: Jerome Powell’s, Brendan McDermid, Powell, “ Powell, ”, Paul Nolte, “ We’re, ” Nolte, Bitcoin, Morgan, advancers Organizations: Reuters, Nasdaq, New York Stock Exchange, REUTERS, Inc, Adobe, Fed, Kingsview, Management, Chicago ., Apple Inc, Nvidia, Microsoft, Dow Jones, Ebang, MicroStrategy Inc, Sanderson, Moderna Inc, European Union, Splunk Inc, Silver, NYSE Locations: New York, U.S, United States, Chicago

“I am going to be your mayor,” said Mr. Adams, who led the field in early results. At the same time, they believed Mr. Adams would be hurt by lower turnout in places like southeast Queens and Central Brooklyn. ET Eric Adams is leading in early results, with Kathryn Garcia and Maya Wiley competing for second place. Mr. Adams is ahead in every borough except Manhattan, and Maya Wiley and Kathryn Garcia are neck and neck for second place. Mr. Adams was winning overwhelmingly in the Bronx, and he was doing well in Queens and Brooklyn.

Persons: Eric Adams, ’ Eric Adams, James Estrin, New York Times Eric Adams, Adams, ”, “, Adams’s, —, Andrew Yang, ” Mr, ” Read, India Walton, Lindsay Dedario, Buffalo’s, Byron Brown, Walton, Democratic Buffalo —, Frank P, Zeidler, . Brown, Andrew M, Cuomo, “ We’re, Ms, ” Ms, George Floyd, Mr . Brown, Cynthia Nixon, Read, Desiree Rios, Corey Johnson, Johnson, New York Times Maya Wiley, Hilary Swift, The New York Times Andrew Yang, Gabriela Bhaskar, New York Times Scott M, Stringer, Andrew Seng, The New York Times Alvin Bragg, Dave Sanders, The New York Times Tali Farhadian Weinstein, Sarah Blesener, Andrew Yang —, Maya Wiley, ‘, The New York Times Maya Wiley, “ It’s, Wiley, Jon Paul Lupo, Kathryn Garcia, Michael Blake, Mr, Blake, she’s, Anna Garcia, Michelle V, I’m, haven’t, ’, Garcia, Maya Wiley’s, Eric Adams’s, Liz Krueger, Lovely Warren, Adrian Kraus, Malik Evans, Warren, Evans, Daniel Prude, Yang, New York Times Andrew Yang, Evelyn, galvanize, we’re, Ritchie Torres, Torres, Andrew, Melissa Kravitz Hoeffner, Raymond McGuire, Shaun Donovan, Raymond J, McGuire, The New York Times Raymond J, It’s, Michelle Jean, McGuire’s, “ He’s, Shaun Donovan’s, Lucas Donovan, Donovan’s, Willa Gilbert, Goldstein, Donovan, Scott Stringer, Scott M, Elyse Buxbaum, The New York Times Scott M, Hamid Kherief, Kherief, Stringer’s, Curtis Sliwa, Fernando Mateo, The New York Times Curtis Sliwa, Sliwa, Sliwa thundered, Rudolph W, Giuliani, “ That’s, Mateo, Michael R, Juan Pagan, Pagan, ” Ayton Eller, skullcap, he’s, Eller, Sliwa’s, we’ve, Bill de Blasio, Donald J, Nate Schweber, Andrew Yang’s, Declan Duggan, We’re, Duggan, Prince Wong, Wong, “ Yang, Saboo, Alvin Bragg, Tali Farhadian Weinstein, Bragg, Farhadian Weinstein, Dan Quart, Tahanie Aboushi Organizations: New York Times, Mets, “, Social Security, Walton, Democratic, Democratic Socialists of America, Working Families Party, Democratic Buffalo, state’s Democratic Party, Gov, Bernie, Mr, The New York Times, York, City, ., New York, Democratic Party, Democratic National Committee, Central Brooklyn ., Williamsburg , Brooklyn . Credit, Voters, ”, U2, Associated Press, New, New York City, Rockefeller Center, Wall Street, Queens and Brooklyn . Credit, Queens and Brooklyn ., Algerian - American Association, Republican, Midtown Manhattan, Bloomberg, City Hall, Guardian Angels, Steak House, Police, Trump, Republicans, Republican Party, Fernando Mateo Credit, Bronx Republican, George Washington University, Virginia Tech University, Manhattan Locations: Brooklyn, N.Y, Credit, Williamsburg , Brooklyn, New York, Buffalo, India, New, American, Buffalo’s, Western New York, City, ‘ New York, “ New York, Queens, Central Brooklyn, New York City, East Williamsburg , Brooklyn, ”, Rochester, York, “, Manhattan, Harlem, Bronx, Queens and Brooklyn, Queens and Brooklyn . Manhattan, Midtown, Yorker, Lower, Dominican Republic, Staten Island, Midtown Manhattan, Virginia, Tahanie

Persons: Eric Adams, ’ Eric Adams, James Estrin, New York Times Eric Adams, Adams, ”, “, Adams’s, —, Andrew Yang, ” Mr, ” Read, India Walton, Lindsay Dedario, Buffalo’s, Byron Brown, Walton, Democratic Buffalo —, Frank P, Zeidler, Mr, Brown, Andrew M, Cuomo, “ We’re, Ms, ” Ms, George Floyd, Mr . Brown, Cynthia Nixon, Read, Desiree Rios, Corey Johnson, Johnson, New York Times Maya Wiley, Hilary Swift, The New York Times Andrew Yang, Gabriela Bhaskar, New York Times Scott M, Stringer, Andrew Seng, The New York Times Alvin Bragg, Dave Sanders, The New York Times Tali Farhadian Weinstein, Sarah Blesener, Andrew Yang —, Maya Wiley, ‘, The New York Times Maya Wiley, “ It’s, Wiley, Jon Paul Lupo, Kathryn Garcia, Michael Blake, Blake, she’s, Anna Garcia, Michelle V, I’m, haven’t, ’, Garcia, Maya Wiley’s, Eric Adams’s, Liz Krueger, Lovely Warren, Adrian Kraus, Malik Evans, Warren, Evans, Daniel Prude, Yang, New York Times Andrew Yang, Evelyn, galvanize, we’re, Ritchie Torres, Torres, Andrew, Melissa Kravitz Hoeffner, Raymond McGuire, Shaun Donovan, Raymond J, McGuire, The New York Times Raymond J, It’s, Michelle Jean, McGuire’s, “ He’s, Shaun Donovan’s, Lucas Donovan, Donovan’s, Willa Gilbert, Goldstein, Donovan, Scott Stringer, Scott M, Elyse Buxbaum, The New York Times Scott M, Hamid Kherief, Kherief, Stringer’s, Curtis Sliwa, Fernando Mateo, The New York Times Curtis Sliwa, Sliwa, Sliwa thundered, Rudolph W, Giuliani, “ That’s, Mateo, Michael R, Juan Pagan, Pagan, ” Ayton Eller, skullcap, he’s, Eller, Sliwa’s, we’ve, Bill de Blasio, Donald J, Nate Schweber, Andrew Yang’s, Declan Duggan, We’re, Duggan, Prince Wong, Wong, “ Yang, Saboo, Alvin Bragg, Tali Farhadian Weinstein, Bragg, Farhadian Weinstein, Dan Quart, Tahanie Aboushi Organizations: New York Times, Mets, “, Social Security, Walton, Democratic, Democratic Socialists of America, Working Families Party, Democratic Buffalo, state’s Democratic Party, Gov, Bernie, Mr, The New York Times, York, City, ., New York, Democratic Party, Democratic National Committee, Central Brooklyn ., Williamsburg , Brooklyn . Credit, Voters, ”, U2, Associated Press, New, New York City, Rockefeller Center, Wall Street, Queens and Brooklyn . Credit, Queens and Brooklyn ., Algerian - American Association, Republican, Midtown Manhattan, Bloomberg, City Hall, Guardian Angels, Steak House, Police, Trump, Republicans, Republican Party, Fernando Mateo Credit, Bronx Republican, George Washington University, Virginia Tech University, Manhattan Locations: Brooklyn, N.Y, Credit, Williamsburg , Brooklyn, New York, Buffalo, India, New, American, Buffalo’s, Western New York, City, ‘ New York, “ New York, Queens, Central Brooklyn, New York City, East Williamsburg , Brooklyn, ”, Rochester, York, “, Manhattan, Harlem, Bronx, Queens and Brooklyn, Queens and Brooklyn . Manhattan, Midtown, Yorker, Lower, Dominican Republic, Staten Island, Midtown Manhattan, Virginia, Tahanie

☆ Allyson Felix secures fifth Olympics appearance two years after life-threatening pregnancy
▼ + stars: | 2021-06-21 | by ( David K. Li Is A Breaking News Reporter For Nbc News. | ) www.nbcnews.com + 0.00 time to read: +3 min

Six-time gold medalist Allyson Felix clinched her fifth Olympic berth on Sunday, in another milestone for the track legend who survived a life-threatening pregnancy and birth just over two years ago. “My first year back was a struggle, and I just kept getting hit with thing after thing,” Felix said. Only a handful of track athletes have won medals and appeared at the Olympics more than Felix, who has three silver medals to go with her golds. Romanian discus thrower Lia Manoliu won a gold and two bronze medals in six games between 1952 and 1972. British javelin thrower Tessa Sanderson won gold in 1984, in the third of her six Olympic appearances.

Persons: Allyson Felix, Felix, “ I’m, ” Felix, “, Camryn, Kenneth Ferguson, ” She'd, Quanera Hayes, ’, “ We’re, Jamaica’s Merlene Ottey, Ottey, Lia Manoliu, Tessa Sanderson Organizations: Tokyo, Los Angeles, University of Oregon's, NBC Locations: U.S, Eugene , Oregon, what's, cradled, Tokyo, Wadeline, Moscow, Romanian, British

Known as the “gay propaganda law,” the legislation states that any act or event that authorities deem to promote homosexuality to those under 18 is a finable offense. Just last year, a survey found that nearly 1 in 5 Russians reported wanting to “eliminate” gay and lesbian people from society. She said that despite the “gay propaganda law,” more people from across the country are attending public, LGBTQ-focused events. To avoid fines from the “gay propaganda law,” he said he adds a disclaimer to his podcast stating that it is for people over 18. And if the government were to fine him, despite the disclaimer, he said, people in the LGBTQ community would help support him.

Persons: Lisa Androshina, “, ” Androshina, Mikhail Vetlov Androshina, “ We’re, Svetlana Zakharova, ” Zakharova, ”, Nikita Andriyanov, Andriyanov, ” Andriyanov, ” Sasha Kazantseva, ” She’s, Kazantseva, ” Kazantseva, Zakharova, it’s, Ksenia Ratushnaya, Ratushnaya, Androshina, she’s, Mikhail Vetlov Organizations: NBC News, Human Rights, Russian LGBT Network, “, Twitter, Facebook Locations: Moscow, Russia, Russian, Chechnya, St . Petersburg, “, Siberia, Leningrad, Soviet Union

☆ UPDATE 2-Miners, industrial stocks boost FTSE 100; Morrisons surges 35%
▼ + stars: | 2021-06-21 | by ( Amal S | ) www.reuters.com + 0.00 time to read: +2 min

After falling as much as 0.98% to its lowest since May 19, the blue-chip index retreated to end 0.6% up. The domestically focused mid-cap index advanced 0.6%. Morrisons surged 34.6% on hopes U.S. private equity firm Clayton, Dubilier & Rice (CD&R) might raise its proposed offer, despite its initial proposal being rejected. “Investors right now are focusing on the prospects that we’re still going to have robust economic growth. Dollar-earning consumer staples stocks, including British American Tobacco, Reckitt Benckiser Group,and Diageo Plc gained between 0.5% and 0.8%.

Persons: Clayton, “ We’re, ”, Edward Moya, we’re, that’s, ” Industrials, Russ Mould, AJ Bell, Shashank Nayar, Amal Organizations: Morrisons, Capita, Bank of, Oanda, outsourcer Capita, Tobacco, Reckitt, Diageo Locations: Dubilier, Axelos, Bengaluru

Live Covid-19 Live Updates: Tokyo Olympics Plan to Allow Domestic Spectators The decision indicates a growing certainty that the Games will go ahead, despite months of concern that they could become a superspreader event. The Tokyo Olympics will allow spectators who live in Japan, but with restrictions. Spectators from overseas were barred from attending in March in a major concession to the realities of the pandemic. Japan’s top coronavirus adviser, Shigeru Omi, has consistently warned against allowing spectators, which he believes adds an unnecessary layer of risk. Without enough oxygen, doctors in many places injected patients with steroids, a standard treatment for doctors battling Covid globally.

Persons: Charly Triballeau, Seiko Hashimoto, Shigeru Omi, Ben Dooley, Rory Doyle, haven’t, ’ ”, Michael S, Saag, it’s, “ We’re, —, ”, Nazla Musthafa, Marjan Montazemi, ” Maahil Mohamed, Atul Loke, “, Dileep Mavalankar, Covid, Arunaloke Chakrabarti, Bela Prajapati, Chakrabarti Organizations: Games, Tokyo, Olympics, Agence France, International Olympic Committee, Tokyo Games, New York Times, The New York Times, South :, University of Alabama, Birmingham, Family Foundation, Emergency, UNICEF, Federal, Treasury Department, Ahmedabad Civil Hospital, federal Health Ministry, Organization Locations: Tokyo, Japan, U.S, Cleveland , Miss, United States, South, South : Alabama , Arkansas , Louisiana , Mississippi, North Carolina, Tennessee . Georgia , Idaho, Missouri, West Virginia, Wyoming, Alabama, Covid, India, Maldives, Malé, Ahmedabad, Indian, Gujarat, New Delhi

☆ Voters supported progressive policies on ballot initiatives. Republicans are pushing back.
▼ + stars: | 2021-06-20 | by ( Phil Mccausland Is An Nbc News Reporter Focused On Health Care | The Social Safety Net. | ) www.nbcnews.com + 0.00 time to read: +10 min

After Idaho Medicaid expansion received resounding support at the ballot box in 2018 along with funding for education, the Republican Legislature began pushing to make future ballot initiatives more difficult. Local organizing groups have complained it makes a ballot initiative nearly impossible. He noted a new Florida law that limits contributions to ballot initiative campaigns, currently challenged by the ACLU, for example. Arkansas passed one law that requires a 60 percent supermajority of voters for a ballot initiative to pass. He helped organize the effort to return voting rights to ex-convicts through Florida’s Amendment 4 ballot initiative.

Persons: Jim Jones, Jones, it’s, “ We've, ” Jones, “ They’ve, ”, Kelly Hall, that’s, Ballotpedia, Josh Altic, ” Altic, “, —, Sen, Lee Schoenbeck, Warren Petersen, Craig Burnett, ” Burnett, Desmond Meade, Floridians, “ We’re, ” Meade Organizations: Republican, GOP, NBC News, ACLU, Health, Hofstra University, Republicans, Restoration Coalition Locations: Idaho, Arkansas , Mississippi , Missouri, Florida, Florida , Idaho, South Dakota , Missouri, Mississippi, Ballotpedia, U.S, Arkansas, South Dakota, ” Missouri, North Dakota, Arizona, Missouri, state’s, Florida’s

Covid News: India’s ‘Black Fungus’ Crisis Spreads Brazil’s Covid death toll surpassed 500,000, behind only the United States and India. India’s ‘black fungus’ epidemic spreads in the wake of the Covid crisis. Doctors believe that India’s crowded hospitals, and their dire lack of medical oxygen, left the fungus an opening. Without enough oxygen, doctors in many places injected patients with steroids, a standard treatment for doctors battling Covid globally. Many scientists believe that the virus that caused the Covid-19 pandemic evolved in animals and jumped at some point to humans.

Persons: Atul Loke, “, ”, Dileep Mavalankar, Covid, Arunaloke Chakrabarti, Bela Prajapati, Chakrabarti, Brian L, Frank, hydroxychloroquine, Donald J, Trump, Oralia Maceda, wasn’t, Kathleen Page, “ I’m, Page, Sandy Sirias, David Lat, Lat, Gabby Jones, hasn’t, Akiko Iwasaki, Elisa, It’s, Johnson, Dorry Segev, Ng Han Guan, Rand Paul, Dr, Anthony S, Fauci, Paul, China —, “ It’s, Marc Lipsitch, Jesse Bloom, ” Dr, Bloom, Carl Zimmer, Gabriela Bhaskar, coronavirus, Barbara Byrne Denham, Nelson D, Schwartz, Patrick McGeehan, Raisa Smirnova, Sergey Ponomarev, ’, —, Nazla Musthafa, Marjan Montazemi, ” Maahil Mohamed, Mandy Bujold, Bujold, Ian Willms, Jeffrey Benz, Ognian Georgiev, Rory Doyle, haven’t, ’ ”, Michael S, Saag, it’s, “ We’re Organizations: Covid, Ahmedabad Civil Hospital, The New York Times, federal Health Ministry, Organization, Cherry, Mexicans, Central, Johns Hopkins University School of Medicine, Pulitzer Center, Yale University, Food and Drug Administration, Pfizer, Johns Hopkins University, Wuhan Institute of Virology, Associated, Republican, National Institutes of Health, Harvard, of Public Health, Fred Hutchinson Cancer Research Center, New York Times, New Yorkers, Broadway, New, Democratic, Oxford Economics, Workers, Emergency, UNICEF, International Olympic, International Boxing Association, United States Olympic Committee, Tokyo Games, South :, University of Alabama, Birmingham, Family Foundation Locations: United States, India, Ahmedabad, Indian, Gujarat, New Delhi, Fresno, Calif, Credit, The New York Times FRESNO, —, Oaxaca, Mexico, Covid, BPC, Baltimore, Manhattan, China, Kentucky, Wuhan, Chan, York, , New York City, New York, Midtown Manhattan, New York City, Bronx, U.S, Yekaterinburg, Russia, The New York Times YEKATERINBURG, Soviet Union, Russian, Soviet, Maldives, Malé, Canadian, Kitchener , Ontario, Tokyo, Buenos Aires, Americas, Japan, Cleveland , Miss, South, South : Alabama , Arkansas , Louisiana , Mississippi, North Carolina, Tennessee . Georgia , Idaho, Missouri, West Virginia, Wyoming, Alabama

But perhaps the biggest advantage is how lawyers like Mr. Hardman enabled their clients to pursue their foes by winning what one judge called a legal “nuclear weapon” — court orders freezing a defendant’s assets worldwide. These orders are similar to the ones the U.S. government uses against terrorists or arms dealers, except they emerge from civil proceedings. Even lawyers specializing in the freezing orders are uncertain how many are issued. But the fact that London lawyers, judges and private investigators are now deeply immersed in the savage political battles of the post-Soviet world is eliciting concern. “We’re being asked in the U.K. to adjudicate on political dynamics that English courts don’t fully understand,” said Tom Mayne, a researcher at Exeter University, who focuses on how English courts handle corruption cases related to the former Soviet Union.

Persons: Hardman’s, Hogan Lovells, Vladimir V, Putin, Hardman, “ We’re, don’t, ”, Tom Mayne, “, Lisa Nandy, Mr, Sergei Pugachev Organizations: Exeter University, Soviet Union, ” Lawmakers, Labour Party, Russia’s Deposit Insurance Agency Locations: France, Russia, Britain, London, enablers, Russian

☆ ERCOT request to conserve energy shows year-round vulnerability of Texas grid
▼ + stars: | 2021-06-17 | by ( Deon J. Hampton Is A National Reporter For Nbc News | Based In Cincinnati. | ) www.nbcnews.com + 0.00 time to read: +5 min

Texans have spent the week keeping cool by fanning themselves and finding shade following the power grid operator's request that they conserve energy as temperatures rise and several power plants fail. That’s what we expect and plan for,” said Michael Webber, an energy professor at the University of Texas at Austin. ERCOT, which oversees 90 percent of Texas' energy production, on Monday asked residents to limit their electrical usage through Friday, amid an energy emergency with soaring temperatures and a series of mechanical problems at power plants. In fact, Monday’s power crunch included worst-case scenarios such as lower-than-expected wind power, concerns about solar power dropping off at sunset and a larger-than-expected number of breakdowns at traditional power plants. Webber partly blames the shutdowns on climate change, in addition to power plants hitting capacity limits set decades ago.

Persons: haven’t, “ It’s, ”, Michael Webber, Joshua Rhodes, ERCOT, Webber, “ We’ve, “ We’re, We’re, Brandon Mosley, “, Keith Taylor, hiccups ”, Taylor, I've Organizations: Electric, Texans, University of Texas, NBC Channel, Monday, Houston Locations: Texas, Austin, Dallas, ERCOT, San Antonio

Sen. Joe Manchin, D-W.Va., opened the door to a compromise on voting legislation Wednesday with a memo outlining provisions of federal voting and campaign finance legislation that he would support. Manchin has emerged as a key figure in his party's fight to pass federal legislation aimed at protecting voting rights. Senate Minority Leader Mitch McConnell, R-Ky., has said no Republicans will vote the For the People Act and argued the John Lewis Voting Rights Advancement Act is unnecessary. "We've got to find a way to get voting rights, period," he told NBC News in a recent interview. "And this is a very optimistic moment in the trajectory of ensuring expanded voting rights."

Persons: Sen, Joe Manchin, Manchin, it’s, John Lewis, doesn’t, Mitch McConnell, ”, Raphael Warnock, We've, Warnock, bipartisanship, Adam Bozzi, “ We’re, Jonah Bryson, Derrick Johnson, Johnson Organizations: John Lewis Voting, NBC News, Democratic, End Citizens Locations: Ky

☆ Video captures moment Florida utility company implodes 495-foot coal stack
▼ + stars: | 2021-06-16 | by ( Ben Kesslen Is A Reporter For Nbc News. | ) www.nbcnews.com sentiment -0.99 time to read: +1 min

In a move toward clean energy, a Florida utility company on Wednesday imploded its last standing coal power plant that has loomed over a small town for more than 25 years. “We’re saying goodbye to coal,” Florida Power and Light, or FPL, spokesperson Jack Eble told NBC West Palm Beach affiliate WPTV. The 495-foot inactive chimney stack was in Indiantown, about 50 miles northwest of West Palm Beach. “This is our last coal-fired plant in the state of Florida,” Eble said. Florida does not currently have any coal reserves or production, according to the U.S. Energy Information Administration.

Persons: “ We’re, Jack Eble, ” Eble, FPL Organizations: Florida, NBC West Palm Beach, U.S . Energy Information Administration Locations: Florida, Indiantown, West Palm Beach

Live Summit Live Updates: Putin Lands in Geneva to Meet With Biden Tensions between Washington and Moscow are high as President Biden meets face to face with Russia’s leader. One challenge will be trying to convince Mr. Putin that cyberattacks will be met with a “robust” response. Members of the press in front of Villa La Grange, where President Biden and President Vladimir V. Putin will meet on Wednesday. Administration officials say Mr. Biden is determined to deliver a stern message to Mr. Putin about the use of cyberweapons and the dangers of an escalating online war. “This is a different man,” Mr. Putin said of Mr. Biden.

Persons: Biden, Mr, Putin, Vladimir V, Doug Mills, Henry Kissinger, George W, Bush, ”, Donald J, Trump, “, ” Marc Santora, Michael D, “ We’re, Aleksei A, Navalny, Trump’s, —, Maxim Blinov, Vladimir Frolov, ’ ” Russia’s, Putin’s, Leonid Volkov, “ He’s, Sergey Ryabkov, ” “, Ivan I, ” Anton Troianovski, Oleg Matsnev, Erin Schaff, Barack Obama, Stephen Crowley, Bill Clinton, Dirck Halstead, John McCain Organizations: Putin, Biden, Villa La Grange, ., New York Times, Mr, NBC, Credit, Air Force, West, Administration, White, United, Facebook, RIA Novosti, Trump, The New York Times, U.S Locations: Geneva, Washington, Moscow, Europe, Russia, Switzerland, Ukraine, Soviet Union, Swiss, Slovenia, Britain, United States, Helsinki, Brussels, Belarus, Russian, Iran, St . Petersburg, Osaka, Japan, New York, Lake Geneva

☆ Pre-pandemic, airports needed $115B in infrastructure fixes. Then travel dried up and revenues slumped.
▼ + stars: | 2021-06-15 | by ( Harriet Baskas | Harriet Baskas Is An Nbc News Contributor Who Writes About Travel | The Arts. | ) www.nbcnews.com + 0.00 time to read: +5 min

A terminal replacement plan put on hold due to Covid-19 is back on track, but funding sources for this — and for other airport infrastructure projects around the country — are “simply inadequate,” Miller said. Bing Guan / Bloomberg via Getty ImagesIn 2020, Raleigh-Durham International Airport deferred $96 million in construction projects. In April 2020, San Francisco International Airport announced the postponement of a billion-dollar renovation project for Terminal 3 West, where United Airlines operates. “The pandemic really highlighted the need for our Terminal Modernization Project,” said Christina Cassotis, the airport's CEO. That makes funding for the airport infrastructure projects even more crucial.

Persons: ” Frank Miller, ” Miller, underfunding ”, “ We’re, ”, Kevin Burke, Joe Biden’s, Bing Guan, Doug Yakel, “, Sean Donohue, —, Christina Cassotis, “ We’ll, ” Burke Organizations: Avelo Airlines, Hollywood, Airport, Los Angeles International, NBC News, Airports, ACI, Washington , D.C, Federal Aviation Administration, Avelo, Hollywood Burbank Airport, Bloomberg, Getty, Durham International Airport, San Francisco International Airport, United Airlines, ”, Dallas Fort Worth International, DFW, Los Angeles International Airport, Portland International Airport, Tacoma International Airport, Kansas City International, Pittsburgh International Airport Locations: America, Washington ,, Raleigh, Dallas, Portland, Seattle

"It's a shocking loss," said MiAngel Cody, lead counsel and justice policy analyst at the Decarceration Collective. Terry argued that he should be eligible for a reduced sentence under the First Step Act. President Donald Trump signed the First Step Act at the White House on Dec. 21, 2018. Lower courts ruled against Terry, 33; the Justice Department under then-President Donald Trump argued that the First Step Act didn't apply to him. Jacki Phelps, appellate litigation counsel at the Decarceration Collective, said she believed that the authors of the First Step Act hadn't made a mistake but that the Supreme Court had.

Persons: Biden, MiAngel Cody, Cody, Black, that's, Tarahrick Terry, Terry, Donald Trump, Jim Watson, Clarence Thomas, Sonia Sotomayor, Holly Harris, Mark Holden, Holden, Sen, Dick Durbin, Harris, haven't, Jacki Phelps, Phelps, Jahmal, That's, Jahmal Green’s, “, didn’t, “ We’re, ” Organizations: AA, White, Getty, Justice Department, Congress, Justice Action Network, Prosperity, Trump Justice Department Locations: Chicago, Black Florida, Covid, Iowa, Arizona, Minneapolis

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