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☆ Barbara Stauffacher Solomon, Pioneer of Supergraphics, Dies at 95
▼ + stars: | 2024-05-08 | by ( Penelope Green | ) www.nytimes.com time to read: +1 min

Barbara Stauffacher Solomon, an audacious graphic designer, landscape architect and artist who first made a splash in the 1960s with the supersize, geometric architectural painting movement known as supergraphics, died on Tuesday at her home in San Francisco. Her daughter Nellie King Solomon confirmed the death. In 1962, Ms. Stauffacher Solomon was the rare woman to set up shop as a graphic designer in the Bay Area, working for clients like the San Francisco Museum of Modern Art (now SFMOMA). It was architecture, however, that put Ms. Stauffacher Solomon on the national stage. In the early 1960s, an architect turned developer named Al Boeke envisioned a new community on a windswept bluff and former sheep ranch a few hours north of San Francisco.

Persons: Barbara Stauffacher Solomon, Nellie King Solomon, Stauffacher Solomon, Baskerville, Al Boeke, Lawrence Halprin, Joseph Esherick, Charles Moore, Donlyn Lyndon, William Turnbull Jr, Richard Whitaker Organizations: San Francisco Museum of Modern Art, Times Locations: San Francisco, Bay, Basel, Switzerland, Swiss

London-based BP reported its underlying replacement cost profit, which excludes one-time items and fluctuations in the value of inventories, down from $3.3 billion in the previous quarter. It brought in $13.8 billion for all of last year, a huge drop from the $27.7 billion it earned in 2022, when Russia's war in Ukraine sent oil and natural gas prices surging. Energy prices have since fallen as a weak global economy holds back demand for fossil fuels to power cars, planes, factories and more. Despite the drop in annual earnings, BP kept its dividend steady and said it would buy back $1.75 billion in shares as well as commit to $3.5 billion in additional share buybacks for first half of this year. It's a pressure that the energy industry is facing, with companies like BP and Shell pledging to reach net zero emissions by 2050.

Persons: Murray Auchincloss, ”, Auchincloss, Bernard Looney, Looney, Joseph Evans, ” Richard Hunter Organizations: —, BP, Shell, Exxon Mobil, Institute for Public Policy Research, “ Locations: Ukraine, London, Spain, Portugal

With temperatures threatening to dip below zero in Iowa on Monday, some of the voters preparing to caucus for Nikki Haley have already overcome a different hurdle: a long history of voting for Democrats. At recent campaign events across Iowa, a number of Democrats and left-leaning independents said they saw Ms. Haley, the former governor of South Carolina, as a reasonable Republican who could move the country away from bitter partisanship and restore civility in national discourse. Many were drawn to her pledges to unite the country, and to work across the aisle on thorny issues such as abortion. “Now that I have my Republican card, I have to go visit my father’s gravesite here in town and apologize,” said Mr. Brown, who lives in Clinton, Iowa. He added that his father, a staunch Democrat and World War II veteran, always voted a straight party ticket.

Persons: Nikki Haley, Haley, Donald J, Trump’s, Biden, Joseph E, Brown, “, ” Organizations: Republican Locations: Iowa, South Carolina, Clinton , Iowa

☆ Alaska Airlines Pilot Accused of Trying to Cut Engines Midflight Avoids Attempted Murder Charges
▼ + stars: | 2023-12-06 | by ( Talal Ansari | ) www.wsj.com time to read: 1 min

Joseph Emerson, in focus, had been previously charged with 83 counts of second-degree attempted murder and one count of endangering an aircraft. Photo: dave killen/pool/ReutersAn off-duty Alaska Airlines pilot accused of attempting to shut down an airplane’s engines midflight avoided attempted murder charges after a grand jury indicted him instead on charges of reckless endangerment. The grand jury indicted the pilot, Joseph Emerson, with one count of endangering an aircraft in the first degree and 83 counts of recklessly endangering another person, the Multnomah County District Attorney’s Office, in Portland, Ore., said Tuesday. The reckless endangerment counts are misdemeanors and the endangering aircraft charge is a felony, the district attorney’s office said.

Persons: Joseph Emerson, dave killen, midflight Organizations: Alaska Airlines, Attorney’s Office Locations: Multnomah County, Portland ,

☆ Off-duty pilot accused of attempting to shut off plane engines mid-flight indicted on 84 counts
▼ + stars: | 2023-12-05 | by ( Cheri Mossburg | Jason Kravarik | ) edition.cnn.com time to read: +1 min

CNN —Joseph Emerson, the Alaska Airlines pilot who allegedly attempted to shut off the engines of a passenger plane mid-flight in October, was indicted on 84 counts in an Oregon court Tuesday. The grand jury indicted Emerson on one count of endangering aircraft in the first degree and 83 counts of recklessly endangering another person -– one for each person aboard the aircraft at the time of the October 22 incident. Emerson’s attorneys applauded the grand jury’s decision not to charge him with 83 counts of attempted murder. According to an affidavit filed by prosecutors, Emerson told investigators he “had consumed ‘magic mushrooms’ approximately 48 hours prior” to the incident. During the incident, he said he thought he was dreaming while commuting back to California in the cockpit jump seat of a Horizon Air flight.

Persons: CNN — Joseph Emerson, Emerson, “, Captain Emerson, “ Captain Emerson, CNN’s Pete Muntean Organizations: CNN, Alaska Airlines, New York Times, Horizon Locations: Oregon, Washington, California, Portland , Oregon

☆ A Gen Xer making $344,000 secretly working 3 jobs got laid off from 2 of them. He said that's exactly why he was overemployed.
▼ + stars: | 2023-12-03 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

A 48-year-old began secretly working three full-time remote jobs last year, earning a combined $344,000. He was laid off from two of his jobs in October — and said this is why he sought out extra job security. Last year, Joseph earned a combined $344,000 working three full-time remote jobs at the same time, according to documents viewed by Business Insider. While working three jobs has been life-changing for him and his family financially, he said balancing emails and meetings — and keeping his other jobs a secret — was becoming unsustainable. Joseph said he managed to juggle three jobs for over a year by blocking off his work calendars to prevent meeting overlaps.

Persons: —, Joseph, it's, he's, BI's Aki Ito Organizations: Service, Business Locations: Texas

[1/3] Richard Teng, head of the Middle East and North Africa for crypto firm Binance gestures as he speaks during an interview with Reuters in Dubai, United Arab Emirates, March 30, 2022. Teng faces an especially tough task in transforming the culture of Binance, four of the people said. Still, leading a cultural shift at Binance - a firm shaped by Zhao in his own image - would be "hugely difficult," she said. For years it dominated the crypto market, but this year has rapidly lost market share. Last month it controlled 32% of crypto spot and 50% of derivatives trading, according to crypto firm CCData, down from 55% and 62% respectively in January.

Persons: Richard Teng, Abdel Hadi Ramahi, Teng, Changpeng Zhao, Janet Yellen, Binance, Carol Alexander, Zhao, Yi He, Binance's, Simon Matthews, Richard, Matthews, FinCEN, John Reed Stark, Rajeev Bamra, OKX, Joseph Edwards, Tom Wilson, Elizabeth Howcroft, Elisa Martinuzzi, Louise Heavens Organizations: Reuters, United Arab Emirates, REUTERS, U.S . Securities, Exchange Commission, SEC, U.S, Treasury, University of Sussex, Investors, Treasury's, Internet Enforcement, Singapore, Abu, Abu Dhabi Global, Singapore Exchange, Moody's Investors Service, Securities, Thomson Locations: East, North Africa, Dubai, United Arab, U.S, Abu Dhabi, France, Seychelles, London

☆ An off-duty pilot said he tried to down a plane to 'wake up' from a bad magic mushrooms trip
▼ + stars: | 2023-11-11 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +4 min

An off-duty Alaska Airlines pilot is accused of trying to turn off a plane's engines mid-flight . He said that he did it because he was trying to "wake up" from a bad psychedelic mushroom trip. The pilot suffered from mental health issues but said he didn't seek help as he feared losing his job. AdvertisementAdvertisementAn off-duty pilot accused of trying to crash an Alaska Airlines flight said he attempted to down the plane to "wake up" from a bad psychedelic trip. "A lot of us aren't as forthcoming as we otherwise would be," Emerson told The Times.

Persons: didn't, —, Joseph Emerson, Emerson, handcuff Organizations: Alaska Airlines, Service, The New York Times, The Times, Times Locations: Alaska, Portland

☆ In very rare move, Pope dismisses conservative US bishop Strickland
▼ + stars: | 2023-11-11 | by ( Philip Pullella | ) www.reuters.com time to read: +1 min

VATICAN CITY, Nov 11 (Reuters) - Pope Francis has dismissed Bishop Joseph E. Strickland of Tyler, Texas, one of his fiercest critics among U.S. Catholic conservatives, a Vatican statement said on Saturday. It is very rare for a Roman Catholic bishop to be relieved of his duties outright. Usually bishops in trouble with the Vatican are asked to resign before submitting a resignation, which the pope accepts. Popes make such moves, considered drastic, when a bishop refuses a request to resign. Francis named the bishop of Austin, Texas, Joe Vasquez, as the interim administrator of the diocese, the statement said.

Persons: Pope Francis, Bishop Joseph E . Strickland, Strickland, Francis, Joe Vasquez, Phil Pullella, Alvise Armellini, Kirsten Donovan Organizations: CITY, U.S, Roman, Vatican, Bishops Conference, Thomson Locations: Tyler , Texas, Tyler, Austin , Texas

☆ In very rare move, Pope dismisses conservative U.S. bishop Strickland
▼ + stars: | 2023-11-11 | by ( ) www.cnbc.com time to read: +3 min

Pope Francis has dismissed Bishop Joseph E. Strickland of Tyler, Texas, one of his fiercest critics among U.S. Roman Catholic conservatives, a Vatican statement said on Saturday. Usually bishops in trouble with the Vatican are asked to resign before submitting a resignation, which the pope accepts. Strickland, a prolific user of social media who was named to the diocese by the late Pope Benedict in 2012, tweeted earlier this year that he rejected Pope Francis' "program undermining the Deposit of Faith". Strickland is a strong supporter of former U.S. president Donald Trump and is seen as a hero by conservative U.S. Catholic media outlets that are aligned with Trump. The Vatican said Francis named the bishop of Austin, Texas, Joe Vasquez, as the interim administrator of the Tyler diocese.

Persons: Joseph Strickland, Pope Francis, Bishop Joseph E . Strickland, Strickland, Pope Benedict, Francis, Donald Trump, Frank Pavone, Joe Vasquez Organizations: Los Angeles Dodgers, Dodger, Roman, Vatican, Bishops Conference, U.S . Church, Catholic, U.S, Trump, Twitter Locations: Tyler , Texas, Los Angeles , California, U.S, Tyler, Texas, United States, Austin , Texas

☆ Pope removes outspoken conservative Texas Bishop Joseph E. Strickland after investigation
▼ + stars: | 2023-11-11 | by ( Raja Razek | ) edition.cnn.com time to read: +3 min

CNN —Pope Francis has removed a Texas bishop from his position after an investigation ordered by the Vatican. “The recommendation was made to the Holy Father that the continuation in office of Bishop Strickland was not feasible,” reads the statement. “After months of careful consideration by the Dicastery for Bishops and the Holy Father, the decision was reached that the resignation of Bishop Strickland should be requested. Having been presented with that request on November 9, 2023, Bishop Strickland declined to resign from office.”“Thereafter, on November 11, 2023, the Holy Father removed Bishop Strickland from the Office of Bishop of Tyler,” he added. Bishop Joe Vásquez of Austin has been appointed “apostolic administrator” of the Tyler diocese, according to the Archdiocese’s statement announcing Strickland’s removal.

Persons: Pope Francis, Pope, Bishop Joseph E, Strickland, Cardinal Daniel Nicholas DiNardo, ”, Bishop Dennis Sullivan, Gerald Kicanas, Francis, Joe Biden, Harris, ” Strickland, DiNardo, Tyler, Bishop Strickland, “, ” “, Bishop Joe Vásquez Organizations: CNN, Vatican, National Catholic, US Conference of Catholic Bishops, Biden, Bishops, Catholic Locations: Texas, Tyler , Texas, Metropolitan, Galveston, Houston, Tyler, Camden, Tucson, Austin

☆ The off-duty pilot accused of trying to crash an Alaska Airlines flight wouldn't get anti-depressants because he was scared of losing his job, his wife said
▼ + stars: | 2023-11-10 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

An off-duty pilot accused of trying to crash a plane refused to take antidepressants, his wife told NYT. AdvertisementAdvertisementAn off-duty pilot facing attempted murder charges after being accused of trying to crash a plane had refused to get antidepressants because he was afraid of losing his job, his wife told The New York Times. Emerson told the New York Times in an interview that he'd consumed psychedelic mushrooms two days before the incident. Emerson said the trip was during a weekend getaway with his friends to commemorate the death of his best friend, The New York Times reported. The Times reported that the loss prompted Emerson to seek help for mental health issues.

Persons: Joseph Emerson didn't, He's, —, Joseph Emerson's, Sarah Stretch, Stretch, Insider's Michelle Mark, Joe LoRusso, Emerson Organizations: Service, New York Times, Times, Federal Aviation Administration, Alaska Airlines, The Times Locations: The California, Oregon

☆ October slammed biotech stocks, and these 3 hedge funds couldn't escape the pain
▼ + stars: | 2023-11-08 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +1 min

Biotech hedge funds couldn't escape a tough October, sources told Insider. Managers like Perceptive Advisors and RTW Investments lost more than 9% in just a month's time. While big-name hedge funds were able to avoid some of the market's pain last month, biotech specialists were hit hard. Some funds, including Perceptive Advisors, RTW Investments, and San Francisco-based Redmile Group, had a tough October thanks to pain across the biotech space, according to sources familiar with their performance. The flagship fund at $8 billion Perceptive Advisors, run by billionaire Joseph Edelman, lost 9.5% in the month, bringing its yearly performance to a loss of 8.7%.

Persons: Joseph Edelman, Davidson Kempner, Roderick Wang Organizations: Biotech, RTW Investments Locations: Moderna, San Francisco

☆ Passengers Sue Alaska Airlines
▼ + stars: | 2023-11-03 | by ( Gregory Wallace | ) edition.cnn.com time to read: +3 min

CNN —Passengers on the Alaska Airlines flight where an off-duty pilot attempted to cut off the engines felt the plane dramatically pitch forward, as if it were in a nosedive, according to a newly-filed lawsuit. The lawsuit, filed by three passengers against Alaska Airlines and Horizon Airlines, the operator of flight 2059, claims the airlines did not properly evaluate off-duty pilot Joseph Emerson before he was seated in an extra cockpit seat – the jump seat – on the October 22 flight. “The pilots and flight attendants operating Flight 2059 responded without hesitation to ensure the safety of all onboard,” Alaska Airlines said in a statement. The lawsuit says the passengers’ damages include emotional distress and asks the court to consider the matter a class-action lawsuit. It does not list a dollar amount for the alleged damages but does ask the court to order Alaska Airlines and Horizon to better screen crew members prior to flights.

Persons: Joseph Emerson, “, Emerson, ” Emerson, Noah Horst, CNN Emerson “ Organizations: CNN, Passengers, Alaska Airlines, Horizon Airlines, ” Alaska Airlines, US, Office, District of Locations: Multnomah, Portland , Oregon, District of Oregon, Oregon, Alaska

☆ Why an off-duty pilot who is accused of trying to turn a plane's engines off mid-flight was allowed to sit in the cockpit
▼ + stars: | 2023-10-25 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +8 min

An off-duty pilot was charged with trying to turn off a plane's engines while riding in the cockpit. The pilot was sitting in the "jump seat" which gave him easy access to the cockpit's operations. The 'jump seat'Emerson was riding in the plane's cockpit "jump seat" when he began acting strangely, according to federal court documents. "As far as we know, this pilot was perfectly legal and perfectly certified to be riding in the jump seat," Brickhouse said of Emerson. According to a probable cause statement, Emerson told police he had taken the psychedelic mushrooms about 48 hours before he tried to stop the engines.

Persons: —, Joseph Emerson, Emerson, Anthony Brickhouse, Brickhouse, LM Otero, Emerson's, Robert Nickelsberg, Ross Aimer Organizations: Service, Alaska Airlines, Horizon Air, Embry Riddle Aeronautical University, Emerson, Associated Press, AP, Airlines, Aviation Administration, FAA, New York Times, Air Lines, St Paul International Airport, Multnomah County Circuit, Industry Locations: Everett , Washington, San Francisco , California, Dallas Fort Worth, Grapevine , Texas, Emerson's, Minneapolis, Minneapolis , Minnesota, Multnomah County

☆ Off-duty Alaska Airlines pilot Joseph Emerson said he took 'magic mushrooms' 48 hours before allegedly trying to shut off plane's engines, court documents say
▼ + stars: | 2023-10-25 | by ( Elizabeth Wolfe Pete Muntean Cheri Mossburg Josh Campbell | Elizabeth Wolfe | Pete Muntean | ) edition.cnn.com time to read: +10 min

Emerson told investigators he “had consumed ‘magic mushrooms’ approximately 48 hours prior to the incident on the plane,” an affidavit filed by prosecutors states. Off-duty pilot Joseph D. Emerson was accused of trying to shut off a plane's engines mid-flight. “The officer and Emerson talked about the use of psychedelic mushrooms and Emerson said it was his first-time taking mushrooms,” the affidavit says. Authorities do not believe the incident was an act of terrorism or ideologically motivated violence, a law enforcement source familiar with the investigation told CNN. ‘It was very shocking,’ suspect’s neighbor saysEmerson’s neighbor, Ed Yee, told CNN it was “very shocking” to hear of the suspect’s alleged actions.

Persons: Joseph D, Emerson, “, “ Emerson, ” Emerson, It’s, Matt Johnson, Johns Hopkins, Johnson, Derealization, Joseph Emerson, “ I’m, ”, Jenna Plank, Emerson “, LiveATC.net, ‘, ’, Aubrey Gavello, ” Gavello, “ Laura Coates, Alex Wood, Wood, ” Wood, Ed Yee, ” Yee Organizations: CNN, Alaska Airlines, Sunday, US, Office, District of Oregon, Facebook, Portland police, Investigators, Everett , Washington , Alaska Airlines, Horizon, Embraer, Portland International Airport, FBI Locations: Washington, San Francisco, Oregon, Portland , Oregon, Port, Portland, Multnomah, Everett , Washington , Alaska

☆ Off-duty pilot facing attempted murder charges said 'I'm not okay' before trying to turn off plane's engines
▼ + stars: | 2023-10-24 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

The off-duty pilot accused of trying to shut the engines of a plane mid-flight said he wasn't feeling "okay." AdvertisementAdvertisementThe off-duty pilot who is facing dozens of attempted murder charges after officials say he tried to shut the engines of an Alaska Airlines plane mid-flight said he wasn't feeling "okay" moments before the bizarre incident. Alaska Airlines added, "Our crew responded without hesitation to a difficult and highly unusual situation, and we are incredibly proud and grateful for their skillful actions." AdvertisementAdvertisementAccording to Alaska Airlines, Emerson joined Alaska Air Group as a Horizon first officer in August 2001. He became an Alaska Airlines first officer following Alaska's acquisition of Virgin America in 2016.

Persons: Joseph Emerson, Emerson, — Organizations: Service, Alaska Airlines, Horizon Air, Horizon, Portland International, Portland Police, Detention, Alaska Air Group, Virgin America, FAA, Federal Aviation Administration Locations: Everett , Washington, San Francisco , California, Portland, Port, Multnomah

CNN —An off-duty pilot who was riding in the cockpit of an Alaska Airlines flight en route to San Francisco on Sunday is facing dozens of attempted murder charges after he tried to shut down the plane’s engines mid-flight, authorities say. “The fire suppression system consists of a T-handle for each engine; when pulled, a valve in the wing closes to shut off fuel to the engine,” Alaska Airlines said in a statement to CNN. The flight crew detained the suspect and the plane was diverted to Portland International Airport, the Port of Portland said in a statement. After Alaska Airlines acquired Virgin America in 2016, Emerson became a first officer with Alaska and worked about three more years to become a pilot for the airline, according to the airline statement. “Throughout his career, Emerson completed his mandated FAA medical certifications in accordance with regulatory requirements, and at no point were his certifications denied, suspended or revoked,” Alaska Airlines said in a statement.

Persons: Joseph D, Emerson, CNN’s Josh Campbell, Joseph Emerson, “, Mike Karn, LiveATC.net, ”, Aubrey Gavello, ” Gavello, Laura Coates, Alex Wood, Wood, ” Wood, Gavello, “ I’m, Ed Yee, ” Yee Organizations: CNN, Alaska Airlines, Sunday, Port, Portland police, Horizon, Airlines, Embraer, American Airlines, Portland International Airport, FBI, Detention, Federal Aviation Administration, FAA, Hamas, Passengers, Alaska, Alaskan Airlines, Alaska Air Group, Virgin America, Airbus, Boeing, Canadair Regional Jet, Havilland Locations: San Francisco, Portland , Oregon, Portland, Oregon, Everett , Washington, Sunday, Port, Multnomah, Israel, Alaska

☆ An off-duty pilot's attempt to turn off a plane's engines mid-flight is even wilder than we thought, court docs reveal
▼ + stars: | 2023-10-24 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

The off-duty pilot accused of trying to turn off a plane's engines mid-flight is now facing federal charges. AdvertisementAdvertisementAnother flight attendant heard Emerson saying, "I messed everything up" and that he "tried to kill everybody," the court papers say. They didn't...it didn't seem right," Emerson told police, according to the court documents. AdvertisementAdvertisementHe admitted he "pulled both emergency shut off handles because I thought I was dreaming and I just wanna wake up," the court papers say. I'm not fighting any charges you want to bring against me, guys," Emerson said, according to the court papers.

Persons: —, Joseph Emerson, Emerson, I'm Organizations: Alaska, Prosecutors, Service, Alaska Airlines, Horizon Air, Portland International, Port, Portland Police Locations: Everett , Washington, San Francisco , California, Astoria , Oregon, Portland

☆ An off-duty pilot tried to take control of Alaska Airlines flight before being subdued
▼ + stars: | 2023-10-23 | by ( Pete Muntean | ) edition.cnn.com time to read: +2 min

CNN —An off-duty pilot riding as a passenger in the cockpit of an Alaska Airlines flight tried to seize control of a plane headed from Seattle to San Francisco on Sunday, the airline and a source familiar with the matter said. A pilot assigned to the flight told air traffic controllers a person riding in the cockpit of flight 2059 attempted to turn off the aircraft’s engines in flight. Emerson is an off-duty pilot who is accused of trying to seize control of the Alaska Airlines flight, a source familiar with the matter told CNN. “Following appropriate FAA procedures and guidance from air traffic control, the flight safely diverted to Portland International Airport,” Alaska Airlines said. The flight was operated by Horizon Air, a regional carrier owned by Alaska Airlines.

Persons: Joseph Emerson, Emerson, wasn’t, “ We’ve, LiveATC.net, “ Organizations: CNN, Alaska Airlines, Sunday, Pilots, Port, Portland Police Department, Seattle Paine Field International Airport, Portland International Airport, Horizon Air, FAA Locations: Seattle, San Francisco, Portland

☆ An off-duty Alaska Airlines pilot accused of trying to turn off the plane's engines during a flight is now facing dozens of attempted murder charges
▼ + stars: | 2023-10-23 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

An off-duty pilot on an Alaska Airlines flight accused of trying to turn off the plane's engines was arrested. He had hitched a ride in the flight deck "jump seat" of the cockpit, Alaska Airlines said in a statement on Monday. AdvertisementAdvertisementAt some point, crew on the flight "reported a credible security threat" related to the off-duty pilot, Alaska Airlines told Insider. In audio posted to LiveATC.net, the pilot on board the Alaska Airlines flight can be heard telling air traffic controllers about the incident. AdvertisementAdvertisementIf you were a passenger on this Alaska Airlines flight, we'd love to here from you.

Persons: —, Joseph Emerson, We've, Emerson, It's Organizations: Alaska Airlines, Service, Horizon Air, Portland Police Department, Portland International Airport, Portland Police, FBI, Detention, Horizon Locations: California, Oregon, Everett , Washington, San Francisco , California, Port, Portland, Multnomah

☆ Bitcoin hits two-month high above $30,000 in volatile week
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsLONDON, Oct 20 (Reuters) - Bitcoin jumped on Friday above $30,000 for first time since July , taking gains for the week past 10%, against a backdrop of volatile trading across cryptocurrencies. Bitcoin, the largest cryptocurrency by circulation, climbed as high as $30,022, its highest since July 23. There was no immediate news catalyst for the move in bitcoin, said Joseph Edwards, head of research at London crypto firm Enigma Securities. The approval of any such applications, crypto investors have said, could usher in a new wave of capital to the asset class.

Persons: Benoit Tessier, Bitcoin, Joseph Edwards, Ben Laidler, Tom Wilson, Elizabeth Howcroft, Amanda Cooper Organizations: La Maison du, REUTERS, Securities, U.S . Securities, Exchange Commission, SEC, BlackRock, Thomson Locations: La, Paris, France, cryptocurrencies, bitcoin, London

☆ How Hezbollah could draw US troops into a wider war in the Middle East
▼ + stars: | 2023-10-19 | by ( Tom Porter | ) www.businessinsider.com time to read: +8 min

The Israel-Hamas war could spark a wider regional conflict in the Middle East. AdvertisementAdvertisementPresident Joe Biden this week touched down in Israel as the Middle East was engulfed in new turmoil. AdvertisementAdvertisementThey'd threatened to attack Israel in support of Hamas before the hospital attack, with clashes in recent days between Hezbollah and Israeli forces on Israel's northern border intensifying. AdvertisementAdvertisementIn Hezbollah, Israel faces an opponent that is better armed and trained than the Gaza-based Hamas militia. "They want to pressure Israel via Hezbollah when Israel is already stretched and distracted," said Burrows.

Persons: —, Joe Biden, Biden, Michael DiMino, Benjamin Netanyahu, BRENDAN SMIALOWSKI, Ebrahim Raisi, Israel, JOSEPH EID, Mat Burrows, Burrows, Robert Dover, Stimson Center's Burrows, Iran's, Clive Jones, DiMino Organizations: Service, Hezbollah, CIA, Israel, Tel Aviv's, Getty, Al, UN, West Bank, Embassy, Washington, Stimson Center, Missile, AFP, Kremlin, University of Hull, Institute for, Durham University Locations: Israel, East, Iran, Gaza, Tel Aviv's Ben Gurion, AFP, Ahli, Gaza City, — Iran, Lebanon, Egypt, Syria, DC, Russia, China, Ukraine, Taiwan, Syrian, Iraq, Yemen, United States

☆ Protests Break Out After Hospital Blast
▼ + stars: | 2023-10-17 | by ( ) www.wsj.com time to read: 1 min

Protesters clashed with Lebanese security forces outside the U.S. Embassy in Beirut early Wednesday during a demonstration in solidarity with the people of Gaza. (Joseph Eid/Agence France-Presse/Getty Images)

Persons: Joseph Eid Organizations: U.S, Embassy, Agence France Locations: Beirut, Gaza

But bitcoin fell sharply after a Fox Business reporter said on the social media platform X that BlackRock denied the report. loadingBlackRock later confirmed to Reuters that "the iShares Bitcoin ETP application is still under review by the SEC." "Crypto markets have just shown how sensitive they are to any potential good news, with their premature rally today on rumors of the approval of a spot bitcoin ETF," said Ben Laidler, global markets strategist at eToro. Crypto markets have been awaiting news on several pending spot bitcoin ETF applications, which, if approved, are widely expected to drive investment in the sector. The SEC has denied all spot bitcoin ETF applications on the grounds applicants have not shown they can protect investors from market manipulation.

Persons: Dado Ruvic, bitcoin, Ben Laidler, Joseph Edwards, Lucas Kiely, Tom Wilson, Elizabeth Howcroft, Hannah Lang, Suzanne McGee, Tommy Reggiori Wilkes, Sharon Singleton, Josie Kao Organizations: REUTERS, BlackRock, U.S . Securities, Exchange Commission, Fox Business, Reuters, SEC, Securities, Columbia, Thomson Locations: WASHINGTON, London, Washington

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