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Mike Kemp | In Pictures | Getty ImagesBritain's motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country's costliest consumer banking scandal. The decision caught many in the motor finance industry off guard and appears to have paved the way for a multi-billion-pound redress scheme to compensate consumers. It urged motor finance groups to consider setting aside financial provisions to resolve the high volume of complaints. According to the banks, they followed the rules and guidelines set by the FCA, which are not aligned with the new Court of Appeal ruling," Kammer told CNBC via email. The FCA has said that it will await the outcome of a potential Supreme Court ruling before taking a decision on the matter," Kammer said.
Persons: Mike Kemp, Banks, Niklas Kammer, Kammer, Benjamin Toms, Toms, John Keeble Organizations: Royal Exchange, City of, Appeal, Authority, FCA, Morningstar, Lloyds, Horse, Barclays, Lloyds Banking, Bloomberg, Getty, of, CNBC, PPI, RBC Capital Markets, Taxis, Fenchurch, Station Locations: City, City of London, London, United Kingdom, U.K
AdvertisementNewlyweds Aislyn and Ali Benjamin felt they couldn't afford to buy a traditional property in their corner of California — Danville, a small city just over an hour's drive east of San Francisco. Financing and building the ADU cost a total of $500,000, paid by the couple with help from their parents. Advertisement"The main reason we chose to do this is to stay close to our work," Ali Benjamin told Business Insider. An overview of the Benjamins' ADU in the Bay Area, where the couple lives full-time. The kitchen of the Benjamins' ADU.
Persons: Aislyn, Ali Benjamin, , Realtor.com, San Ramon — Aislyn, Ali, Villa, ADU, Ali Benjamin's, Ali Benjamin said Organizations: Service, Danville ., Benjamins, Business, Urban Institute, Villa Villa, Backyard, Villa Locations: California — Danville, San Francisco, Danville, San Ramon, Bay, California, Los Angeles, San Jose
Not having — or losing — your sense of smell may be linked to changes in breathing that could lead to depression, social isolation or other mental and physical health problems, a new study suggests. About 72% of those completely regained their sense of smell, while about a quarter partially got their sense of smell back. Previous research has linked anosmia to a wide variety of negative outcomes, ranging from dulled emotions and depression to a shortened lifespan, the authors noted. It was a game changer.”Currently, health care providers often don’t ask about or test for anosmia, Parma said. “And when there is a pleasant smell, the brain tells the nose to increase the amount of air inhaled.
Persons: Covid, Lior, Gorodisky, ” Gorodisky, anosmia, Valentina Parma, , Parma, ” Parma, “ Covid, Dr, Jonathan Overdevest, Overdevest, Alzheimer’s, Benjamin tenOever, ” tenOever Organizations: Nature Communications, National Institutes of Health, Weizmann Institute of Science, Senses Center, anosmia, Columbia University Irving Medical, New York University Langone Medical Locations: Rehovot, Israel, Philadelphia, Parma, New York City
"Each of these strengths contributed to a good revenue performance in the first half of 2024, supported by higher interest rates." Hong Kong-listed shares of HSBC were up 2.84% at 07:56 a.m. London time in the wake of the earnings beat. The first-half figure nevertheless came in well above the $20.5 billion average of broker estimates compiled by HSBC, according to Reuters. "The strong performance of the business gives us the confidence to say that we'll be mid-teens return in 2025 as well," Quinn told CNBC. "This headwind will be partially offset by hedging and balance sheet growth, but this growth is unlikely to be remarkable.
Persons: Noel Quinn, HSBC's Quinn, , Quinn, there's, Jefferies, Benjamin Toms, Toms, CNBC's Ganesh Rao Organizations: HSBC, Securities Financing, Global Banking, London and New York Stock Exchanges, Reuters, Wednesday, CNBC, Capital Locations: Hong Kong, London, Britain
Komodo dragons have iron-tipped teeth, new study shows
  + stars: | 2024-07-24 | by ( Jack Guy | ) edition.cnn.com   time to read: +3 min
London CNN —Komodo dragons, the world’s largest species of lizard, have iron-tipped teeth that help them to rip their prey apart, according to new research. Komodo dragons are native to Indonesia and weigh around 80 kilograms (176 pounds) on average. LeBlanc analyzed teeth from museum collections as well as from a Komodo dragon named Ganus, which lived at London Zoo until it was euthanized last year. Analysis showed that iron was already present when the teeth erupted from the gum tissue, and was also present despite Ganus having a very different diet to wild Komodo dragons, he added. The findings may help us understand how carnivorous dinosaurs, which had curved, serrated teeth similar to Komodo dragons, would have killed and eaten their prey, LeBlanc said.
Persons: Charlotte Ellis, Aaron LeBlanc, LeBlanc, ” LeBlanc, , , Ganus, Benjamin Tapley Organizations: London CNN, Zoological Society of London, King’s College London, CNN, King’s College London “, London Zoo Locations: London, Indonesia
CNN —Athing Mu’s hopes of defending her 800-meter title at the Paris Olympics ended in heartbreaking fashion on Monday as she fell to the floor at the US track and field trials. The trio of Nia Atkins, who won in a time of 1:57.36, Allie Wilson, and Juliette Whittaker completed the podium to make the Olympic team. Mu’s fall underlined the sometimes brutal nature of the US Olympic trials, which dictate that only the top three finishers will make the team for an individual event, regardless of an athlete’s pedigree and past results. Despite her lack of races due to a lingering hamstring issue, Mu appeared in good shape at the trials, winning her semifinal in a time of 1:58.84. “I don’t know if my season’s over yet,” Wilson told reporters on Monday.
Persons: Athing Mu’s, Mu, Nia Atkins, Allie Wilson, Juliette Whittaker, “ I’ve, I’ve, , Bobby Kersee, ” Mu, Kirby Lee, Kersee, hadn’t, , Rai Benjamin, that’s, Quincy Wilson, Wilson, Quincy Hall’s, Michael Norman, Chris Bailey, ” Wilson Organizations: CNN, Paris Olympics, Olympic, Associated Press, USA, AP, Eugene’s Hayward, US Olympic, Paris, Tokyo Games, NBC, Quincy, Bullis
This is, says Kowert, because “games reflect culture.”Adding climate crisis elements to games can also make the topic more accessible, Kowert says. On the side of the Catan: New Energies board, a little black marker tracks the level of greenhouse gasses in the current game. It can also trigger the early end of the game, in which case the player with the most renewable power plants wins. Players can add green discs to the bag — which can give players using renewable energy bonuses — by building renewable power plants. When development on New Energies started in 2011 there were three renewable energy sources: wind, water and solar.
Persons: ” Rachel Kowert, , Catan, Erik Assadourian, , Benjamin Teuber, Klaus Teuber, Teuber, Assadourian, Kelli Schmitz, playtesters Organizations: CNN, Storm, , Catan, Worldwatch Institute, Catan GmbH, Development, Brand Development Locations: Springs, United States
But a closer look at the bylines populating the local site and a national network of others — Sarah Kim, Jake Rodriguez, Mitch M. Rosenthal — reveals a tiny badge with the words “AI.” These are not real bylines. The outlet, Hoodline, is not the first or only news site to harness AI. Sports Illustrated deleted several articles from its website after they were found to have been published under fake author names. Keeping local news aliveOn Hoodline’s network of local news sites, it is difficult to find an article not written by the software. But the transformation at Hoodline shows that bigger solutions are needed to keep vital local news reporting alive.
Persons: Sarah Kim, Jake Rodriguez, Mitch M, Rosenthal —, , Hoodline, ” Zachary Chen, ” Chen, “ Nina, Mark Graham, Peter Adams, , ” Adams, Chen, Danielle Coffey, ” Coffey, That’s, Felix Simon, ” Simon, Simon, Benjamin Toff, Hoodline San Francisco ’, Nuala, ” Bishari Organizations: CNN, Media, Tech, Gannett, Internet, Wayback Machine, News Literacy, LinkedIn, Media Alliance, News Corp, Reuters Institute for, Journalism, University of Oxford, Research, University of Minnesota, San Francisco Chronicle Locations: embarrassments, San Francisco, Philippines, Hoodline San
"We as students, faculty and alums who are standing on the right side of history do not stand with Biden," said another Morehouse student, sophomore Anwar Karim. Most recently, Morehouse faculty were split over the decision to award Biden an honorary doctorate degree at the ceremony. Divisions on campus led to at least three meetings between Morehouse President David Thomas and students and faculty. That sentiment was shared by other Morehouse students critical of Biden's visit. But still, Biden's Morehouse visit will come amid a concerted effort by his administration and campaign this week to sharpen his message to Black voters.
Persons: Joe Biden, Karine Jean, Pierre, Biden, He's, Jean, Pierre said, Court's Brown, Morehouse, Stephane Dunn, Calvin Bell, alums, Anwar Karim, he's, David Thomas, Thomas, Karim, Steve Benjamin, Benjamin, Trump, Malik Poole, Biden's Morehouse, Brown, Kamala Harris, Dunn Organizations: U.S, White, Morehouse College, NBC News, Education, Morehouse, Israel, CNN, House, Office, Public, Black, Alpha Kappa Alpha, Saturday, NAACP, Fund, Biden Locations: Israel, Washington , U.S, Gaza, Georgia, Detroit
CNN spoke to 10 students and four faculty members at Morehouse College who had differing opinions on Biden speaking at their school. Jalen Silas Burch, a 19-year-old freshman, told CNN that he feels the president’s speech is a move to “pander” to Black male voters. Biden and Harris previously spoke at Morehouse College in 2022 as part of a major voting rights push with legislation stalled on Capitol Hill. Student volunteers assisting with the graduation ceremony at Morehouse College are also required this year to undergo a virtual de-escalation training with the Morehouse College Police Department before the graduation ceremony, according to an email obtained by CNN. “The number one conversation going on is that this graduation is not for President Biden.
Persons: Joe Biden, Biden, “ There’s, , Colin Royal, Kamala Harris, Morehouse, Cedric Richmond, , Jalen Silas Burch, Calvin Bell, ” Morehouse, ” Michael Henry, Noah Collier, David A, Thomas, Steve Benjamin, Benjamin, Eddie Glaude, Harris, Stephane Dunn, , ” Dunn, CNN’s Kayla Tausche, Victor Blackwell Organizations: Atlanta CNN, Morehouse College, Morehouse, Hamas, Maroon Tiger, Biden, Democratic, CNN, Morehouse College Democrats, Morehouse College ”, Israel, , The Atlanta University Center Student Intercommunal, Biden’s Cabinet, ” Morehouse, , White, Princeton, American Studies, Capitol, South Carolina State University, Howard University, Tennessee State, Secret, Student, Morehouse College Police Department Locations: Washington, Atlanta, Gaza, Georgia, Israel, Morehouse’s
“The voices of students have grown even more clear, particularly in the last few years,” Allen told CNN in an interview, pointing to the protests following George Floyd’s murder and the Black Lives Matter movement. Among those issues, according to people familiar with the discussions, was student worry that their achievements would be overshadowed by a stump speech. On this day, he’s a commencement speaker for these young men, and that’s what he plans to do – be a commencement speaker,” Benjamin told CNN in an interview. At Morehouse, Biden’s broader economic message touting the expansion of the middle class is likely to hit home, according to Allen. HBCUs “continue to be the number one engine for promoting African Americans into the middle class,” Allen told CNN.
Persons: Joe Biden, Tony Allen, Biden’s, ” Allen, George Floyd’s, Stephen Benjamin, Biden, he’s, ” Benjamin, Donald Trump, haven’t, ” Dr, Eddie Glaude Jr, ” Glaude, Jeh Johnson, Randall Woodfin, Steven Reed, Cedric Richmond, ” Richmond, Richmond, Allen, HBCUs “, Organizations: CNN, Morehouse College, Delaware State University, White House, Atlanta, Princeton University’s Department of African American Studies, Morehouse, Trustees, White, Homeland, Black, National Museum of, Locations: Gaza, Birmingham , Alabama, Montgomery , Alabama, Black
In crude material terms, Donald Trump’s presidency benefited the media, with subscriptions, ratings and clicks all soaring. “When Trump Wins, So Does the Media,” the center-left writer Matthew Yglesias wrote in October. In a second Trump presidency, those questions would be answered. If Trump is re-elected, I’d expect to see a lot of Americans adopting a similar stance as an emotional survival strategy. Though Trump thrives on attention, he’d be even more destructive without the pressure of sustained public outrage.
Persons: Donald Trump’s, Matthew Yglesias, Philip Bump, Trump, MAGA, George Packer, ” I’m, Trump’s, Viv Groskop, Vladimir Putin’s, he’d, Jennifer Senior, “ I’d, , Benjamin Toff Organizations: Trump, The New York Locations: Washington, The, Vladimir Putin’s Russia
CHASING BRIGHT MEDUSAS: A Life of Willa Cather, by Benjamin TaylorDuring the difficult months of 2020, a writer friend and I decided to read Willa Cather’s fiction together. Much of it was rereading, but I’d missed some stories and novels, and I’d never read them sequentially or with a clear sense of Cather’s life. Tonally and politically different, written with obvious adoration or apparent dislike, focusing intently on Cather’s work or scrutinizing her private life — so many biographies! From Edith Lewis’s “personal record” in “Willa Cather Living” (1953) to the massive, almost day-by-day accounting of James Woodress’s “Willa Cather: A Literary Life” (1987) and the detailed critical readings of Hermione Lee’s “Willa Cather: Double Lives” (1989), I learned lots about Cather, and sometimes more than I wanted about her biographers. A fresh perspective on Cather’s sexuality came from Sharon O’Brien’s “Willa Cather: The Emerging Voice” (1986), while Joan Acocella provided a witty, abrasive take on academic analyses of Cather’s work in “Willa Cather and the Politics of Criticism” (2000).
Persons: Willa Cather, Benjamin Taylor, Willa Cather’s, I’d, Edith Lewis’s “, “ Willa Cather, , James Woodress’s “ Willa Cather, Hermione Lee’s “ Willa Cather, Cather, Sharon O’Brien’s “ Willa Cather, Joan Acocella, Proust, Philip Roth, , Taylor Locations:
That level of collusion may be unique to the state of Guerrero, experts say, where the long history of drug trafficking and a heavily militarized state presence would have created fertile ground for such relationships. But in Mexico, the lines between trafficking organizations and the state have long been blurry, scholars say. And that has had profound consequences not just for organized crime, but for the development of the Mexican state itself. ‘Criminal state-building’“There really is no binary between the ‘bad’ cartels and the ‘good’ state,” said Alexander Aviña, an Arizona State historian who studies the drug trade in Mexico. Rather, he said, there is a long history of Mexican officials taking money from drug traffickers to fund the government, not just personal bribes.
Persons: , Alexander Aviña, Benjamin T, Smith Organizations: Arizona State, , Warwick University Locations: Guerrero, Mexico, Mexican, Arizona, Sinaloa
REUTERS/Jennifer Gauthier/File Photo Acquire Licensing RightsOTTAWA, Aug 31 (Reuters) - Canada will change how it counts non-permanent residents, the main statistics agency said on Thursday, after an economist said the current methodology may have overlooked about a million foreign students, workers and others. Statistics Canada said it stood by its figures, but added that it will publish new, more detailed data on non-permanent residents next month using a revised methodology. Statscan's terminology for non-permanent residents covers people living in Canada with work or study permits and asylum seekers. Tal said Statscan's new approach would help to give a better sense of the actual numbers in the country. "A precondition for any policy in general, and housing policy in particular, is to know the size, the magnitude of the shortage," Tal said in a phone interview on Thursday.
Persons: Jennifer Gauthier, Benjamin Tal, Statscan, Tal, Ismail Shakil, Andrew Heavens Organizations: REUTERS, Rights OTTAWA, CIBC Capital, Statistics Canada, Thomson Locations: Vancouver , British Columbia, Canada, Ottawa
Ganna beats tech guru Bigham to pursuit gold
  + stars: | 2023-08-06 | by ( Martyn Herman | ) www.reuters.com   time to read: +3 min
For Ineos Grenadiers road powerhouse Ganna, twice the road time trial world champion, it was consolation after Olympic champions Italy lost in the final of the team pursuit to Denmark on Saturday. "Thanks to Dan for an amazing battle in this velodrome," the 27-year-old Ganna said after claiming his seventh track world title, six of them coming in the 4km individual pursuit. Aerodynamics guru Bigham was part of Britain's gold medal-winning team pursuit squad at last year's track worlds and is eyeing next year's Olympics in Paris. He worked with the Denmark team pursuit squad that won the 2020 world title in Berlin in a then world record time. The pair shared a warm embrace after the race with Bigham saying they had a 'mutual respect' for each other's skills.
Persons: Daniel Bigham, Filippo Ganna, Ganna, Dan, Bigham, Belgium's Victor Campenaerts, Ineos, Filippo, I'm, it's, I've, Lotte Kopecky, Belgium's, France's Valentine Fortin, Jennifer Valente, Iuri Leitao, Benjamin Thomas, Martyn Herman, Clare Fallon, Pritha Organizations: GLASGOW, Ineos Grenadiers, Olympic, Italy, Thomson Locations: Ganna, Denmark, Paris, Swiss, Berlin, Grenchen, Andorra, United States, American, Portugal
Leitao makes history with Portugal's first gold
  + stars: | 2023-08-06 | by ( Martyn Herman | ) www.reuters.com   time to read: +2 min
GLASGOW, Aug 6 (Reuters) - Iuri Leitao made history when he claimed Portugal's first ever world title in track cycling by winning the men's omnium event in Glasgow on Sunday. With a comfortable cushion to take into the final points race, Leitao stayed out of trouble and held off the challenge of France's two-time omnium world champion Benjamin Thomas. Portugal has a pedigree in road cycling but, with only one velodrome in the country, track cycling is the poor relation. Now we have a lot of young riders so I think we have given a little bit of motivation for them. "And it's really good to be to be a world champion in giving the hope to the new generation."
Persons: Leitao, Portugal's, Benjamin Thomas, Thomas, Martyn Herman, Clare Fallon Organizations: GLASGOW, Sunday, UCI, UCI ProTeam Caja, Thomson Locations: Glasgow, Portugal
CNN —For people facing a greater threat of cognitive decline, getting hearing aids could cut your risk in half, according to a new study. Over the past decade, research has established that hearing loss is one of the biggest risk factors for developing dementia, but it wasn’t clear whether intervening with hearing aids would reduce the risk, he added. In the total group, hearing aids did not appear to reduce cognitive decline, the study said. Why hearing loss may increase dementia riskEveryone’s hearing declines with age, Lin said. In those cases, lower cost over-the-counter hearing aids — available without a prescription — may be a good option.
Persons: , Frank Lin, Lin, Thomas Holland, Holland, couldn’t, that’s, ” Lin, , Benjamin Tan, Dean’s, Tan, ” Holland Organizations: CNN, US Centers for Disease Control, Johns Hopkins University School of Medicine, Bloomberg School of Public Health, Rush Institute for Health Aging, Loo Lin, of Medicine, National University of Singapore Locations: United States
Chipmaker Nvidia will invest $50 million in Recursion Pharmaceuticals to speed up the development of the biotech firm's artificial intelligence models for drug discovery, the companies said Wednesday. AI models usually require vast amounts of data, typically measured in terabytes, to train them. Nvidia can then potentially license those AI models on BioNeMo, the company's cloud service for generative AI in drug discovery that it rolled out earlier this year. A month later, Google Cloud launched two new AI-powered tools that aim to help biotech and pharmaceutical companies accelerate drug discovery. The company in May acquired two companies in the AI-driven drug discovery space for $87.5 million.
Persons: Roche, Chris Gibson, Nvidia's, drugmakers, Exscientia, AbCellera Biologics, — CNBC's Benjamin Taubman Organizations: Nvidia, Pharmaceuticals, Bayer, NVIDIA, Moderna, Google Cloud Locations: Salt Lake City , Utah
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
A younger member of the Tisch family spent nearly $20 million in recent days buying up more shares of Loews Corp ., according to securities filings and VerityData. Benjamin Tisch, the son of Loews CEO James Tisch, bought about $18.8 million worth of stock over three days. Loews — The conglomerate's senior vice president Benjamin Tisch scooped up about $18.8 million worth of stock from May 31 to June 2. It is first buy on record for Benjamin Tisch. StepStone Group — Head of strategy Michael McCabe bought $2.2 million worth of the asset management firm's stock in the first five days of June.
Persons: Tisch, Benjamin Tisch, James Tisch, Michael McCabe, Daryl Bible, Bible, Christopher Rondeau, Jan De Witte, Eric Schwartz Organizations: Loews Corp, Loews, CNA Financial, CNA, Fortress Investment Group, VerityData, StepStone, , T Bank, Truist, Integra LifeSciences
A Texas judge on Friday issued a ruling overturning FDA approval of an abortion medication. The 67-page document, written by right-wing Judge Matthew Kacsmaryk, cited Wikipedia and is full of inaccuracies and falsehoods about the health effects of medical abortion, experts told Insider on Friday. Julia Steinberg, an expert on mental health and abortion, told Reuters in 2012 that most women in the study who experienced mental health issues after having an abortion had also experienced them before the abortion. The study also did not note whether or not the abortions had been done for health reasons or were elective abortions. So he is really outside of his lane making, in essence, a medical judgment that was informed by really, really bad information."
Bribery and fraud charges against former New York Lt. Gov. Brian Benjamin were tossed out Monday by a federal judge, leaving Benjamin to face only records falsification charges and prompting his lawyers to say it was tragic that the case was ever brought. Benjamin, a Democrat, resigned after his arrest last April. During a state Legislature career that began in May 2017, he emphasized criminal justice reform and affordable housing. The charges that were left intact allege that Benjamin knowingly made a false entry in a record with the intent to impede an investigation.
CNN —Hearing aids might be an important tool in the effort to prevent cognitive decline and dementia, according to a new study. The new study published Monday in JAMA Neurology offers evidence that managing hearing loss may potentially help reduce or delay cognitive decline, Loh said. The use of hearing aids was associated with a 19% reduction in long-term cognitive decline, the study found. “Get screened for hearing loss, and if you do have hearing loss, speak with your audiologist or physician ENT to ensure appropriate and optimal correction to help stave off the potential dementia risk and cognitive decline,” Holland said. But in the meantime, people with hearing loss should talk with their doctor about whether it is appropriate to use hearing aids, Tan said.
Ron DeSantis weighed in on the jury's verdict on the Parkland shooter. Ron DeSantis says the Parkland shooter should have been given the death penalty and not a life sentence in prison. "I think that — if you have a death penalty at all — this is a case where you're massacring those students with premeditation, in utter disregard for basic humanity, that you deserve the death penalty," DeSantis said. Jury foreman Benjamin Thomas told CBS Miami that all but one of the twelve jurors thought the gunman should be given the death penalty. All the jurors would have had to unanimously agree to recommend the death penalty.
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