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☆ Major Trump Media shareholder ARC Global unloads nearly all DJT stock
▼ + stars: | 2024-11-15 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

The Thursday night disclosure to the U.S. Securities and Exchange Commission showed that financial firm ARC Global Investments II and its manager, Patrick Orlando, no longer own more than 5% of Trump Media stock. Trump Media reported in early September that ARC owned over 11 million shares, equating to 5.4% of the company's outstanding stock. In mid-September, a Delaware judge found that Trump Media breached an agreement with ARC and must grant it additional shares. Trump Media, which operates the Truth Social app, suffered a major selloff in late summer and by the end of September was trading near its post-merger lows. But it saw a major stock rally in October that recovered most of those losses.

Persons: Donald Trump's, Patrick Orlando, ARC's, Steven Fineman, Kamala Harris Organizations: U.S . Securities, Exchange Commission, ARC Global Investments, Trump Media, ARC, SEC, Orlando, United Atlantic Ventures, Trump, Republican Locations: Orlando, Delaware

☆ Investors accuse the ex-CEO of the company that helped take Trump Media public of stiffing them out of millions of shares
▼ + stars: | 2024-11-07 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

Investors accuse Florida businessman Patrick Orlando of diverting millions of Trump Media shares from them. Orlando was the CEO of the blank check firm that helped take Trump Media public. AdvertisementInvestors have accused the ex-CEO of the blank check firm that helped take the parent company of President-elect Donald Trump's social media site public of stiffing them out of million of shares. Orlando, his attorneys, and attorneys for ARC Global did not immediately respond to requests for comment from Business Insider on Thursday. "Specifically, as Managing Member of ARC, Orlando conveyed roughly 46% of ARC's membership interest to Franlu in a secret transaction for zero consideration in exchange."

Persons: Patrick Orlando, Orlando, —, Donald Trump's, Donald Trump, Kamala Harris Organizations: Trump Media, Service, Florida, ARC Global Investments, Trump Media & Technology Group, Acquisition Corporation, Orlando, ARC Global, Business, ARC, Belsize Ventures, Franlu, Securities, Exchange Commission, Trump Media & Technology Group Corp, SEC, Trump Locations: Florida, Orlando, Delaware's Chancery, Cayman Islands, Miami

☆ A Swiss town borders 2 other countries, making it the ideal base for exploring. Here's what 6 days in Basel were like.
▼ + stars: | 2024-10-05 | by ( Monica Humphries | ) www.businessinsider.com time to read: +7 min

I spent six days in the Swiss city of Basel, exploring the town's rich art scene. AdvertisementWhen you land in Basel, Switzerland, you land in a Swiss fantasy. I had arrived for its biggest art celebration: Art Basel, an international fair where 250 gallerists feature 4,000 artists. Monica Humphries/Business InsiderHere, I tracked down French pastries, hopped on a trolly tour, and got lost in the picturesque streets. The one thing I feel I missed during my Basel trip was a visit to Germany.

Persons: —, Monica Humphries, Jean Tinguely's, Pablo Picasso, Henri Matisse, Julio Le Parc's, Queen Elizabeth II, it's, I've Organizations: Service, Basel, Kunstmuseum Basel, DJ, Basel would've Locations: Swiss, Basel, France, Germany, Switzerland, It's, Basel's Klybeck, Klybeck, Miami, Bushwick , Brooklyn, Colmar, Alsace, Kandersteg, Titisee, Baden, Europa, France's, Bern, Lucerne

☆ It takes a full year to bring one of Art Basel's most popular exhibits to life. Here's how it all comes together.
▼ + stars: | 2024-06-20 | by ( Monica Humphries | ) www.businessinsider.com time to read: +8 min

Perhaps the most popular part of Art Basel is the Unlimited sector, famous for its large-scale works. He spends the week of Art Basel conversing with gallery representatives, discussing artists' works, and planting seeds for the next exhibit. Monica Humphries/Business InsiderOnce the hall's layout is finalized, walls and lights are built and placed. Finally, the galleries and artists arrive to install their projects about four days before Art Basel begins. A view of Art Basel's Unlimited hall.

Persons: —, Giovanni Carmine, Carmine, Lutz Bacher's, David Claerbout's, Monica Humphries, Keith Haring, Miles, Allan McCollum, Julio Le Parc's, Carmine's, Seba Calfuqueo, Keith Haring's, Sam Falls, Mario, Mario Ceroli's, Faith Ringgold's, Julio Le Parc, Christo Organizations: Service, Art Basel, Kunst Halle Sankt Gallen, Business, Basel, curating, FDR Locations: Switzerland, Swiss, Basel, Art, Paris, Miami, la, Harare, Zimbabwe

☆ Snap's courting of political advertisers is set to bring it a much-needed 2024 revenue boost
▼ + stars: | 2024-04-04 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

Analysts at the World Advertising Research Center forecast Snap's ad revenue will grow by 13.7% to $5.2 billion this year, up from a 0.1% increase in 2023. The biggest year-over-year growth is set to come from political and advocacy advertisers in the US, ahead of the November presidential election, WARC said. Beyond the political ad boost, Snap's expected return to double-digit revenue growth will be driven by the platform leaning on artificial intelligence for ad optimization, an improved content experience, and user growth, according to WARC. To be sure, with US political ad spend forecast to exceed $12 billion in 2024, according to Emarketer, Snap will be a drop in the ocean for most political advertisers. Traditional media still takes the lion's share of political ad dollars.

Persons: WARC, Snap's, Biden, Alexandria Ocasio, Alex Brownsell, Brownsell, That's, Liz Bennett, Bennett, Danielle Butterfield, Butterfield, TikTok doesn't, It's, Seat's Bennett, Jason Poinsette, Evan Spiegel Organizations: Advertising Research, Business, Republican National Committee, Google, ESPN, Meta, USA Locations: Alexandria, Texas, Los Angeles

☆ Can Xerox’s PARC, a Silicon Valley Icon, Find New Life with SRI?
▼ + stars: | 2024-03-26 | by ( John Markoff | ) www.nytimes.com time to read: +12 min

Can Xerox’s PARC, a Silicon Valley Icon, Find New Life with SRI? 1974 A key part of PARC office of the future vision is a network to tie office systems together. The PARC laboratory, set in the foothills just south of Stanford, is now largely empty, hosting less than 100 researchers, far from a peak of almost 400. Mr. Parekh said that the stage was now set for a second leap forward in the way humans interacted with computers. “This is our annuity for the future for investing in research,” Mr. Parekh said.

Persons: Steve Jobs, Jobs, Apple’s Lisa, IBM’s Thomas J, “, ”, Eric Schmidt, Google’s, Bernardo Huberman, Mr, Huberman, Douglas Engelbart, Siri, Bill Duvall, Charley Kline, CALO, David Parekh, Parekh, SIRI, Curtis Carlson, Charles Simonyi, Jan Vandenbrande, Research Jan Vandenbrande, Johan De Kleer, San Organizations: Xerox’s PARC, SRI, Palo, Palo Alto Research, PARC, Mr, Xerox, SRI International, Stanford Research Institute, Xerox Dover, Xerox Corporation, T’s Bell Laboratories, Watson Research Center, Bay, “ PARC, of America, Machine, UCLA, Pentagon, Apple, Macintosh, Research Projects Agency, Microsoft, Windows, Defense Advanced Research Projects Agency, Research Locations: Palo Alto, Stanford’sy, Stanford, Silicon, Menlo Park, Los Angeles, Calif, San Francisco, San Jose

☆ EV boat maker Arc debuts a premium wake sport model for $258,000
▼ + stars: | 2024-02-21 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

Arc Boat Company's fully electric Arc Sport model gets four to six hours of typical use on a single charge. Arc Boat Company began sales of its second electric boat model in just three years this week. The new $258,000 Arc Sport was designed for wake sports enthusiasts and follows the company's earlier Arc One, a limited-edition luxury cruiser. The 23-foot Arc Sport can carry up to 15 people at a time. Arc plans to begin deliveries of its new battery electric Arc Sport to customers this year.

Persons: Mitch Lee, Ryan Cook, Arc, Kevin Durant, Klay Thompson, Will Smith, Andreessen Horowitz, Lee, Rivian Organizations: Boat Company, GM, Sacramento –, SpaceX, EV, Eclipse Ventures, Menlo Ventures Locations: Malibu, Stockholm, Sacramento – San Joaquin, Stockton , California, Lyft, Brunswick, MarineMax

HOMEWOOD, Ala. (AP) — A man fleeing police caused the Alabama car crash that injured Gayle Manchin, head of an economic development partnership of the federal government and 13 state governments and the wife of U.S. Sen. Joe Manchin, along with a colleague of hers, authorities said Wednesday. Gayle Manchin is the co-chair of the commission. “She is now in West Virginia continuing to recover with support from her family. The chase wound through Homewood and surrounding areas and ended when the fleeing car struck the SUV carrying Gayle Manchin and Land, al.com reported. Joe Manchin was the governor of West Virginia from 2005 until 2010, when he was elected to the Senate.

Persons: Gayle Manchin, . Sen, Joe Manchin, Guy Land, John Carr, al.com, Tradarryl Rishad, Boykins, Jim Justice, Joe Biden Organizations: ., Police, Appalachian Regional Commission, ARC, UAB, Homewood Police, Homewood, West Virginia Board of Education, Republican Gov, Appalachian Regional, Senate Locations: HOMEWOOD, Ala, Alabama, Homewood, Birmingham, West Virginia, Appalachia

☆ Head hammers hundred as Australia clinch record-scoring thriller v NZ
▼ + stars: | 2023-10-28 | by ( ) www.reuters.com time to read: +4 min

Needing 19 runs off Mitchell Starc's final over, New Zealand milked 13 runs off the first four legitimate deliveries to keep the heat on Australia. "That was awesome," Australia captain Pat Cummins said after their fourth win in six matches. Glenn Phillips broke the burgeoning stand by taking a return catch to dismiss Warner, but Head raced to a 59-ball century. New Zealand were uncharacteristically sloppy in the field, dropping five catches, with Head the beneficiary on two occasions. That left Ferguson with the job of hitting the final delivery for six, but he drilled it straight to the cover fielder instead.

Persons: Arun Jaitley, Labuschagne, David Warner, Adnan Abidi, Travis Head's, Ravindra, Daryl Mitchell, James Neesham, Mitchell, Neesham, Lockie Ferguson, Pat Cummins, Australia's, Glenn Phillips, Warner, Phillips, Glenn Maxwell, Josh Inglis, Pat Cummins clobbered, Devon Conway, Will Young, Josh Hazlewood, Mitchell steadied, Maxwell, Cummins, Ferguson, Tom Latham, Amlan Chakraborty, Hugh Lawson Organizations: Cricket, ICC Cricket, New Zealand, Himachal Pradesh Cricket Association, New, Mitchell Starc's, New Zealand milked, Kiwis, Warner, Zealand, Thomson Locations: Australia, Netherlands, New Delhi, India, Himachal, New, New Zealand, Starc

At the same time, Republican voters are warier of foreign conflicts and less interested in foreign policy than they have been during previous competitive primary elections, said Doug Heye, a Republican strategist. Republicans have often said that militants who support or carry out attacks on Israel will try to slip through the U.S.-Mexico border, despite scant evidence of it. He also said, without evidence, that Hamas militants were pouring over the U.S.-Mexico border. STRATEGY BRINGS RISKSRepublicans have drawn a link between national security and border security before, albeit in broader terms. Still, the immigration crackdown that Republican candidates have proposed is not without risk, said Ayres, the Republican pollster.

Persons: Jose Luis Gonzalez, Doug Heye, Whit Ayres, Nikki Haley, Donald Trump, Ron DeSantis, Trump, DeSantis, General, It's, Rob Godfrey, Haley, Ayres, You've, you've, Gram Slattery, Ted Hesson, Jason Lange, Ross Colvin, Howard Goller Organizations: U.S . Border Patrol, ATV, REUTERS, Rights, Republican, Republicans, U.S, Cato Institute, Florida, Border Patrol, Department of Homeland, U.S . Customs, DHS, ISIS, Thomson Locations: U.S, United States, Mexico, Sunland Park , New Mexico, Israel, America, Iowa, Gaza, Palestinian, Colombia, Colombian, California

☆ Tech Industry Made Americans Lonelier, Now It Has to Help Connect Us
▼ + stars: | 2023-10-10 | by ( David Risher | ) www.businessinsider.com time to read: +11 min

A company that prioritizes product-market fit can build a great, customer-focused business. The venture capitalist Marc Andreessen has said that for startups, product-market fit is "the only thing that matters." I appreciate Marc's wisdom: Great product-market fit produces a sugar high. And that goal is well aligned with the broader social goal of making people less lonely. Over time, it became apparent that this was not a great social fit.

Persons: I'm, Vivek Murthy, Robert Putnam's, Jeff Bezos, I've, Marc Andreessen, It's, haven't, Apple, Eventbrite, David Risher Organizations: Netflix, Apple, Amazon, Lyft Locations: —

In May, staff at the Beltsville Agricultural Research Center in Beltsville, Maryland, filed a complaint with the U.S. Office of the Special Counsel (OSC), which protects federal whistleblowers, alleging mismanagement and unsafe work conditions including poor lab ventilation, broken fire alarms and wild temperature swings. After Reuters exclusively reported the complaint, USDA closed one major research building at the site for repairs. Maintenance tasks should be performed on a schedule ranging from daily to annually, the complaint said. BARC staff conduct research on climate change, invasive pests, crop yields and more. Reporting by Leah Douglas; Editing by Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

Persons: BARC, Leah Douglas, Cynthia Osterman Organizations: U.S . Department of Agriculture’s, Research, Staff, U.S . Department, Reuters, Agricultural Research, U.S . Office, USDA, OSC, Occupational Safety, Health Administration, Centers for Disease Control, OSHA, Thomson Locations: Beltsville, Beltsville , Maryland, Legionella, BARC's

☆ Why former Goldman Sachs partners say they left the firm
▼ + stars: | 2023-09-20 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +23 min

Goldman Sachs partners are leaving — some 202 during David Solomon's five years as CEO by Insider's calculation. In particular, before Solomon, Goldman nurtured many fiefs and then spread the wealth from the most successful ones across the firm. Of the former Goldman executives that Insider interviewed, here are the most cited reasons they gave for leaving Goldman. When both men struggled, senior partners left, and Goldman stumbled in its efforts to wind down its balance-sheet investments. Goldman Sachs partners are paid well by any standard: $950,000 in base salary and often multiples of that in annual bonuses.

Persons: Goldman Sachs, David Solomon's, Solomon, Goldman, David Solomon, John Waldron, Goldman's, Adebayo Ogunlesi, Mike Mayo, Andrew Toth, Devin Ryan, Ryan, Waldron, Tony Fratto, Mike Blake, Eric Lane, Julian Salisbury, Lane, Luke Sarsfield, Sarsfield, Marc Nachmann, he's, Fratto, Stephanie Cohen, Cohen, Kathy Ruemmler, Charles Dharapak, Barack Obama's, Kenneth Lay, Jeffrey Skilling, Ruemmler, Unbeknown, Jeffrey Epstein, dealmaking, David S, Holloway, Mayo, David doesn't, GreenSky, Brendan McDermid, It's, Alison Mass, Hank Paulson, Russell Horwitz, David, it's, Emmalyse Brownstein Organizations: Wall, JPMorgan, Wells, Wells Fargo Securities, Investors, Goldman, AWM, Sarsfield, BAE Systems, Justice Department, Street Journal, Bloomberg, Employees, Partners, Federal Reserve, United Capital Financial Partners, Reuters, GreenSky Locations: New York, Wells Fargo, Salisbury, Manhattan, Texas, Plano, London, Paris, Chicago

☆ US says 52 million air bag inflators should be recalled over rupture threat
▼ + stars: | 2023-09-05 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

WASHINGTON, Sept 5 (Reuters) - U.S. auto safety regulators said on Tuesday that 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi Automotive need to be recalled because they may rupture and send dangerous metal fragments flying. GM in May agreed to recall nearly 1 million vehicles with ARC air bag inflators after a rupture in March resulted in facial injuries to a driver. Delphi Automotive, acquired by Autoliv (ALV.N), manufactured approximately 11 million of the inflators through 2004 under a licensing agreement with ARC, which manufactured the remaining 41 million inflators. NHTSA has been scrutinizing air bag inflator ruptures for more than 15 years. Over the last decade, more than 67 million Takata air bag inflators have been recalled in the United States and more than 100 million worldwide, the biggest auto safety callback on record.

Persons: Autoliv, David Shepardson, Jonathan Oatis, Leslie Adler, Timothy Gardner Organizations: ARC Automotive, Delphi, Traffic Safety Administration, ARC, NHTSA, General Motors, Ford Motor, Toyota, Hyundai, Kia, Mercedes, Benz, BMW, Volkswagen, ARC inflators, GM, Delphi Automotive, Autoliv, Thomson Locations: United States, U.S

☆ Get ready to buy Shein clothes in Forever 21 stores
▼ + stars: | 2023-08-24 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Fast-fashion retailers Shein and Forever 21 are partnering up. The partnership allows Forever 21 to sell merchandise on Shein's site, and Shein products could be sold in Forever 21 stores. The partnership will allow Shein to sell Forever 21 products on its website, and Forever 21 to add Shein sections in-stores, where customers could also return Shein items. The partnership could give Forever 21 exposure to a significant number of new consumers across the US and the globe, Saunders wrote. Sparc Group, a joint venture of Authentic Brands Group and Simon Property Group, operates Forever 21.

Persons: Neil Saunders, GlobalData, Shein, Saunders, Simon, Lucky Brand, Eddie Bauer, Brooks Organizations: Service, Street Journal, U.S, Forever, Sparc, Authentic Brands, Simon Property Group, Brookfield Property Partners, Reebok, Brooks Brothers, Sparc Group Locations: Wall, Silicon

Reuters reported last month that the cancer research arm of the World Health Organization (WHO), known as the International Agency for Research on Cancer (IARC), was set to make that declaration on July 14, according to two sources with knowledge of the process. The designation as "possibly carcinogenic to humans" will provide an incentive to fund more rigorous research into the safety question, toxicology and cancer experts say. "We have been pushing for an IARC review for many years now." But no action was taken until 2022, after aspartame was again nominated for review by CSPI and Melnick in 2019. The research body has said "new evidence" prompted its aspartame review, without giving any details.

Persons: Andy Smith, Smith, Coke, Peter Lurie, Lurie, James Huff, Ron Melnick, CSPI, There's, Samuel Cohen, Erik Millstone, Millstone, Jennifer Rigby, Michele Gershberg, Catherine Evans Organizations: Reuters, World Health Organization, WHO, International Agency for Research, Cancer, MRC, Unit, University of Cambridge, Cola's, Regulators, for Science, Joint Food and Agriculture Organization, U.S . National Institutes of Health, University of Nebraska Medical Center, University of Paris, Britain's University of Sussex, Thomson Locations: United States, U.S, France

☆ WHO says soda sweetener aspartame may cause cancer, but it's safe within limits
▼ + stars: | 2023-07-13 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

The World Health Organization on Thursday classified the soda sweetener aspartame as a possible carcinogen, but said it is safe for people to consume within the recommended daily limit. Aspartame is used in Diet Coke, Pepsi Zero Sugar and other diet sodas, as well as some chewing gum and various Snapple drinks as a substitute for sugar. More research is needed to determine whether consumption of the artificial sweetener can actually lead to cancer, she said. "Aspartame is one of the most studied food additives in the human food supply," the spokesperson said. "FDA scientists do not have safety concerns when aspartame is used under the approved conditions."

Persons: Coke, Mary Schubauer, Berigan Organizations: World Health Organization, International Agency for Research, Cancer, WHO, Pepsi, Lancet Oncology, U.S . Food, Drug Administration, FDA Locations: U.S, Europe, Diet Coke

☆ US airline stock valuations stuck on runway despite travel boom
▼ + stars: | 2023-07-12 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +4 min

REUTERS/Jim Vondruska/File PhotoCHICAGO, July 12 (Reuters) - Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings. Airline shares have suffered because of bearish sentiment about the broader economy as interest rates are up sharply and inflation remains high, analysts said. There are still no signs of air travel demand waning as ticket purchases for the rest of 2023 are up 4%, said Steve Solomon, ARC's chief commercial officer. Believers in airline stocks have seen signs of hope this year. Global Investors' Holmes said airline shares are poised for even more gains.

Persons: Jim Vondruska, Refinitiv, Jefferies, Sheila Kahyaoglu, TD Cowen, Frank Holmes, Steve Solomon, Hopper, Hayley Berg, Hopper's, airfares, Holmes, Rajesh Kumar Singh, Ben Klayman, Nick Zieminski Organizations: Chicago Midway International, REUTERS, Airline, US Global Jets ETF, United Airlines, Delta Air Lines, Airlines, Global Investors, U.S . Transportation, Airlines Reporting Corporation, ARC, airfare, Delta, American Airlines, Global, Thomson Locations: Chicago , Illinois, U.S, Europe, United

☆ Top FARC dissident leader Ivan Marquez dead, sources say
▼ + stars: | 2023-07-07 | by ( Luis Jaime Acosta | Thomson Reuters | Luis Jaime Has Worked At Reuters For More Than Years. While He Chiefly Covers Colombia'S Armed Conflict | ) www.reuters.com time to read: +3 min

The attack against Marquez, whose real name was Luciano Marín Arango, may have been led by Ivan Mordisco, leader of a rival FARC dissident group, according to security sources. Colombia's Defense Minister Ivan Velasquez told journalists there was still no official information on Marquez's death. Marquez later emerged as the leader of the so-called Segunda Marquetalia, a group of former FARC who took up arms anew. Marquez died in Venezuela the two people familiar with the matter told Reuters, which also included an intelligence source. Petro reopened diplomatic and trade relations with Venezuela and Venezuela is a guarantor at Colombia's peace talks with the National Liberation Army rebels.

Persons: Ivan Marquez, Marquez, Luciano Marín Arango, Ivan Mordisco, Ivan Velasquez, Gustavo Petro, Miguel Botache Santillana, Gentil Duarte, Seuxis Hernandez, Hernan Dario Velasquez, Jesus Santrich, El Paisa, Nicolas Maduro, Petro, Luis Jaime Acosta, Vivian Sequera, Oliver Griffin, Julia Symmes Cobb, Michael Perry Organizations: Reuters, Revolutionary Armed Forces, Segunda, Colombia's, Venezuela's Ministry, Information, National Liberation Army, Thomson Locations: BOGOTA, Venezuela, Colombia, Caracas, Venezuela's, United States, Colombian

☆ Top FARC dissident leader Ivan Marquez dead - sources
▼ + stars: | 2023-07-07 | by ( Luis Jaime Acosta | Thomson Reuters | Luis Jaime Has Worked At Reuters For More Than Years. While He Chiefly Covers Colombia'S Armed Conflict | ) www.reuters.com time to read: +3 min

BOGOTA, July 6 (Reuters) - Ivan Marquez, the well-known leader of a faction of former FARC rebels who returned to arms after a peace deal with Colombia's government, has died in Venezuela, two sources familiar with the matter told Reuters on Thursday. The attack against Marquez, whose real name was Luciano Marín Arango, may have been led by Ivan Mordisco, leader of a rival FARC dissident group, according to security sources. Colombia's Defense Minister Ivan Velasquez told journalists there was still no official information on Marquez's death. Marquez later emerged as the leader of the so-called Segunda Marquetalia, a group of former FARC who took up arms anew. Petro reopened diplomatic and trade relations with Venezuela and Venezuela is a guarantor at Colombia's peace talks with the National Liberation Army rebels.

JECFA, the WHO committee on additives, is also reviewing aspartame use this year. The first group includes substances from processed meat to asbestos, which all have convincing evidence showing they cause cancer, IARC says. Like aspartame, this means there is either limited evidence they can cause cancer in humans, sufficient evidence in animals, or strong evidence about the characteristics. Pepsico removed aspartame from sodas in 2015, bringing it back a year later, only to remove it again in 2020. Listing aspartame as a possible carcinogen is intended to motivate more research, said the sources close to the IARC, which will help agencies, consumers and manufacturers draw firmer conclusions.

Persons: Coke, Shannon Stapleton, Health Organization's, JECFA, Nozomi Tomita, Zsuzsanna, Germany’s Bayer, IARC, Frances Hunt, Wood, Mars Wrigley, Kate Loatman, –, Jennifer Rigby, Richa Naidu, Michele Gershberg, Mark Potter, Susan Fenton Organizations: REUTERS, International Agency for Research, Cancer, Health, Reuters, Joint WHO, Food, Agriculture Organization's, WHO, Japan's Ministry of Health, Labour, Welfare, Food Safety Authority, U.S, International, Association, Cargill, International Council of Beverages Associations, Ramazzini Institute, EFSA, Pepsico, Thomson Locations: New York City, U.S, United States, Europe, Geneva, France, Italy, sodas

[1/4] Diet Coke is seen on display at a store in New York City, U.S., June 28, 2023. Aspartame, used in products from Coca-Cola diet sodas to Mars' Extra chewing gum and some Snapple drinks, will be listed in July as "possibly carcinogenic to humans" for the first time by the International Agency for Research on Cancer (IARC), the World Health Organization's (WHO) cancer research arm, the sources said. Pepsico removed aspartame from sodas in 2015, bringing it back a year later, only to remove it again in 2020. Listing aspartame as a possible carcinogen is intended to motivate more research, said the sources close to the IARC, which will help agencies, consumers and manufacturers draw firmer conclusions. But it will also likely ignite debate once again over the IARC's role, as well as the safety of sweeteners more generally.

Persons: Coke, Shannon Stapleton, Health Organization's, JECFA, Nozomi Tomita, Zsuzsanna, Germany’s Bayer, Frances Hunt, Wood, Mars Wrigley, Kate Loatman, –, Jennifer Rigby, Richa Naidu, Michele Gershberg, Mark Potter Organizations: REUTERS, International Agency for Research, Cancer, Health, Joint WHO, Food, Agriculture Organization's, WHO, Reuters, Japan's Ministry of Health, Labour, Welfare, Food Safety Authority, U.S, International, Association, Cargill, International Council of Beverages Associations, Ramazzini Institute, EFSA, Pepsico, Thomson Locations: New York City, U.S, United States, Europe, Geneva, France, Italy, sodas

☆ This Wall Street bank's stock is expected to double over the next year, Jefferies says
▼ + stars: | 2023-06-22 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Shares of global bank Barclays are forecast to more than double over the next 12 months, according to Jefferies. The British bank's stock has underperformed and is valued below its peers over the past few months. The disparity has led to the bank reportedly hiring consulting firm BCG to undertake a strategic review to address weaknesses in the share price. The bank's analysts predict that Barclays can potentially buy back £2.2 billion worth of shares in 2024 and 2025, along with £1.5 billion this year. As the bank's earnings increase, its share price could also rise, providing a better return for shareholders.

Persons: Jefferies, Joseph Dickerson, Benjamin Toms, Roger Lee Organizations: Barclays, BARC, Jefferies, RBC Capital Markets, RBC, Investec Securities Locations: London, United States, British, U.K

☆ Australia keep faith in expensive Starc's wicket-taking ability
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +2 min

McDonald said Starc was not the only bowler who went for runs against India and that the 33-year-old lent much balance to their pace attack. "Mitch went at a bit more than he generally goes at, but they complement each other really, really well. Cummins also threw his weight behind Starc, tipping him to play a key role in the five-test series in England. "He did a role for us that we know Starcy can do after 80 test matches," Cummins said after Sunday's win against India. Reporting by Amlan Chakraborty in New Delhi; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Australia's Mitchell Starc, India's Virat, Paul Childs, Mitchell Starc, Andrew McDonald, Scott Boland, Pat Cummins, Josh Hazlewood, Starc, Boland, McDonald, we've, Mitch, We've, Cummins, I'm, Amlan Chakraborty, Hugh Lawson Organizations: Cricket, ICC, Paul Childs LONDON, India, England, Australia, Thomson Locations: Australia, India, London, Britain, Edgbaston, England, New Delhi

☆ There are growing expectations that Salesforce is readying a succession plan to appease activist investors. 'There's not a lot of people sitting on the bench,' one analyst said.
▼ + stars: | 2023-03-01 | by ( Ellen Thomas | Ashley Stewart | ) www.businessinsider.com time to read: +8 min

Analyst said any succession plan would be about giving investors "comfort" about the future. Company insiders, former employees and Wall Street analysts increasingly expect Salesforce to put a succession plan in place soon. 'If he's willing to work with the activists, then he can stay CEO'Analysts think that if a succession plan is announced soon, it won't include Benioff's immediate exit. "Benioff is Salesforce and Salesforce is Benioff," said Dan Ives, an analyst at Wedbush Securities. Bret Taylor, former Salesforce executive SalesforceTaylor's departure in late November left Salesforce with a limited bench of potential successors.

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