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Martin J. Wygod, a Wall Street whiz who graduated from walking horses after races to owning and breeding championship thoroughbreds when he made millions from investing in online companies that sold pharmaceuticals by mail and pruned medical paperwork, died on April 12 in San Diego. His daughter, Emily Bushnell, said he died in a hospital from complications of lung disease. Raised near two racetracks in suburban New York and mentored by a software pioneer, an investor and a gambler, Mr. Wygod was said to have been the youngest managing partner of a New York Stock Exchange brokerage in the 1960s. The sale netted Mr. Wygod $250 million. “Marty Wygod made $6 billion for himself because he developed a data base.”
Persons: Martin J, Emily Bushnell, Wygod, ” Jan Buck, “ Marty Wygod Organizations: New York Stock Exchange, Merck, Princeton Group International, New York Times Locations: San Diego, New York
Fast food is getting more expensive, and Americans are annoyed about it. Diners told BI they're cutting back on how often they get fast food because of rising prices. AdvertisementBut cheaper fast food may be some way off. Experts say it could have a ripple effect on wages across the fast food industry nationwide, meaning that your favorite spots could become even pricier. The main reason Rodriguez gets fast food is the taste, he said.
Persons: , Sara Senatore, Dunkin, Warren Colehour, Chad Frye, Artur Widak, Frye, Martin Jennings, it's, Chipotle, James R, Martin, Ben Heyworth, Burger King, He's, Del, Richard McConnell, Ricardo Rodriguez, Rodriguez Organizations: Service, Bank of America, McDonald's USA, Getty, Subway, Consumers, McDonald's Locations: Ukraine, McDonald's, Kentucky, California, Florida, Olive, Burger, Oregon
A deep basin called Sputnik Planitia, which makes up the “left lobe” of the heart, is home to much of Pluto’s nitrogen ice. The New Horizons spacecraft took an image of Pluto's heart on July 14, 2015. Johns Hopkins University Applied Physics Laboratory/Southwest Research Institute/NASAThrough new research on Sputnik Planitia, an international team of scientists has determined that a cataclysmic event created the heart. The teardrop shape of Sputnik Planitia is a result of the frigidity of Pluto’s core, as well as the relatively low velocity of the impact itself, the team found. The researchers believe that the new theory regarding Pluto’s heart could shed more light on how the mysterious dwarf planet formed.
Persons: Clybe Tombaugh, Pluto, it’s, , Harry Ballantyne, Erik Asphaug, ” Asphaug, “ That’s, Sputnik Planitia, Martin Jutzi, Kelsi Singer, ” Singer Organizations: CNN, Regio, Johns Hopkins University Applied Physics Laboratory, Research Institute, NASA, Sputnik, Pluto, University of Bern, University of Arizona’s, Laboratory, University of Bern’s Physics, Kelsi, Southwest Research, New Locations: United States, Switzerland, Boulder , Colorado
NYSE President Lynn Martin: IPO market is back open
  + stars: | 2024-04-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYSE President Lynn Martin: IPO market is back openNYSE President Lynn Martin joins 'Money Movers' to discuss why there haven't been more IPOs to date, why AI startups have yet to go public, and much more.
Persons: Lynn Martin
“Kamilla Cardoso was not going to let us lose a game in the NCAA tournament,” South Carolina head coach Dawn Staley said. While the spotlight was on Clark, South Carolina just kept winning. Ben Solomon/NCAA Photos/Getty Images Clark, right, and Kate Martin walk off the court after losing to South Carolina. Kirby Lee/USA Today Sports/Reuters Kamilla Cardoso of the South Carolina Gamecocks and Saniya Rivers jump for the opening tipoff. Ben Solomon/NCAA Photos/Getty Images South Carolina's Te-Hina Paopao walks onto the court during player introductions ahead of the game.
Persons: Iowa’s Caitlin Clark, Clark, Tessa Johnson, Kamilla Cardoso, Cardoso, “ Kamilla Cardoso, Dawn Staley, Paopao, Chloe Kitts, Staley, she’s, ” Clark, , I’m, Lisa, Bluder, ” Staley, Caitlin Clark, Morry Gash, “ Awesome, it’s, , Raven Johnson, ” Raven Johnson, They’d, ” Tessa Johnson, Aaron Doster, Steph Chambers, Ben Solomon, Kate Martin, Gregory Shamus, Morgan Engel, Bree, Carolyn Kaster, Fulwiley, Iowa's Hannah Stuelke, Gabbie Marshall, Lisa Bluder, Marshall, Justin Tafoya, Carolina's Chloe Kitts, Reuters Staley, Jason Sudeikis, Ken Blaze, Reuters Clark, Kirby Lee, Ashlyn Watkins, Martin, Kylie Feuerbach, Watkins, Sydney Affolter, Carolina's Cardoso, Stuelke, Jason Miller, Al Bello, Paige Bueckers, Brady, Aaliyah Edwards, Edwards, Nika, KK Arnold, Arnold, Zoe Brooks, MiLaysia, Baldwin, Chloe Kitts of, Sania Feagin, C, Wes Moore, Katie Peneueta, Brooks, Rivers, Reuters Kamilla Cardoso, Saniya, UConn’s Paige Bueckers, LSU’s Angel Reese, JuJu Watkins, rebounder, Naismith, Entering’s Organizations: CNN, NCAA, Gamecocks, Iowa, LSU, WNBA, South, Mortgage, ESPN, Hawkeyes, South Carolina Gamecocks, Iowa Hawkeyes, Sunday, USA, Sports, Reuters, Getty, AP, Carolina, Sydney, The Iowa Hawkeyes, UConn Huskies, Huskies, UConn, Images Iowa, Images, Getty Images Iowa, NC State Wolfpack, North Carolina State, NC State, tipoff, South Carolina, Associated Press, Wade, Eight Locations: Iowa, South Carolina, Cleveland , Ohio, Clark , South Carolina, Reuters Iowa, Carolina, Cardoso of South Carolina, Stuelke, Martin, Cleveland, Chloe Kitts of South Carolina
More diners are using restaurant loyalty apps to get cheap or free food. AdvertisementDiners are turning to fast-food loyalty apps for cheaper meals as years of price hikes catch up with customers. Many restaurant apps give diners points based on how much they spend, which can be redeemed for free food. AdvertisementPeople on Reddit say they're using loyalty apps to save money and get free meals. Some restaurant apps give diners points based on how much they spend.
Persons: McDonald's, , Wendy's, Taco Bell, I've, Chipotle Martin Jennings, Jennings, Warren Colehour, Sharon Zackfia, William Blair, Annie Smith, Chris Kempczinski, Joe Erlinger, Erlinger, Laxman Narasimhan, Brady Brewer Organizations: Starbucks, Service, Bell Locations: Florida, Kentucky, Canada
Sempra CEO Jeffrey Martin sits down with Jim Cramer
  + stars: | 2024-02-29 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Sempra CEO Jeffrey Martin sits down with Jim CramerSempra Chairman, President and CEO Jeffrey Martin joins 'Mad Money' host Jim Cramer to talk the energy sector, its capital allocation plan, leaded natural gas and more.
Persons: Jeffrey Martin, Jim Cramer Sempra, Jim Cramer
CNN —When NASA’s Double Asteroid Redirection Test spacecraft intentionally slammed into the asteroid Dimorphos in September 2022, the impact may have caused “global deformation” of the space rock, according to new research. Dimorphos is a moonlet asteroid that orbits a larger parent asteroid known as Didymos. The DART mission ended upon impact, but prior to colliding with Dimorphos, the spacecraft transmitted an incredibly detailed view of the little asteroid’s boulder-covered surface that is helping researchers learn more about how the space rock formed. Rather than forming a simple crater on Dimorphos, the DART impact reshaped the entire asteroid, the results have suggested. Recreating the DART impactA team of researchers modeled the impact using the Bern smoothed-particle hydrodynamics shock physics code to achieve their results.
Persons: Dimorphos, It’s, , Dr, Sabina Raducan, Japan’s, ” Raducan, Martin Jutzi, Hera, Raducan, Sir Brian May, Claudia Manzoni Organizations: CNN, DART, Dimorphos, University of Bern’s Physics Locations: Italian, Dimorphos, Bern, Switzerland
AdvertisementChains like McDonald's, Shake Shack, and Taco Bell say they're only planning small price increases in 2024 as inflation cools. But in the year to January 2024, prices at limited-service restaurants rose just 5.8%, per BLS data. Martin Jennings, a 51-year-old truck driver from Florida, told Business Insider that his family was being deterred by higher prices at fast-food chains. Customers are looking for app deals and choosing value menusCustomers are looking for ways to get cheaper meals at fast-food chains. Chipotle said it's eyeing a price increase in the mid-single digits, depending on consumer sentiment and actions taken by other fast-food chains.
Persons: , Taco Bell, Martin Jennings, Ben Heyworth, Burger King, McDonald's, Ian Borden, Jennings, David Gibbs, Kempczinski, Gunther Plosch, Chipotle, it's, Katie Fogertey Organizations: Service, Bureau of Labor Statistics, Shack, Taco, Brands Locations: Florida, Orlando, Burger, Taco Bell, California, America
“The thing you’ve got to do primarily is set rules and enforce them,” said John S. Martin Jr., a former U.S. District Court judge in Manhattan. In Ms. Carroll’s defamation trial, Mr. Trump seemed almost to be goading Judge Kaplan into throwing him out of the courtroom. After his two recent confrontations with the judges, Mr. Trump held news conferences before cheering supporters in the lobby of his building at 40 Wall Street. Ms. Carroll’s defamation trial is being heard by a nine-person jury in Federal District Court, with Judge Kaplan overseeing the proceedings. During his diatribe, Mr. Trump refrained from attacking any staff members.
Persons: Arthur Engoron, Donald Trump, Donald J, Arthur F, Trump, Mr, , Jean Carroll, Judge Lewis A, Kaplan, Ms, you’ve, John S, Martin Jr, , ” Mr, Carroll’s, Letitia James, Kaplan “, Alexi J . Rosenfeld, Trump’s, Engoron’s, Judge Kaplan, Carroll, Jefferson Siegel, The New York Times Judge Kaplan, Bill Clinton, Sam Bankman, Sulaiman Abu Ghaith, Osama, Laden, Katherine B, Forrest, Judge Kaplan’s, Michael B, Mukasey, Justice Engoron, Art Garfunkel, , James, Christopher M, Kise, Engoron, Kate Christobek, Olivia Bensimon, Kirsten Noyes Organizations: Trump, Getty, Court, The New York Times, Mr, New York Times Locations: New York, York, U.S, Manhattan, New Hampshire, Trump’s Manhattan
NEW YORK (AP) — Lorrie Moore, Naomi Klein and the Egyptian writer Ahmed Naji are among the finalists for National Book Critics Circle awards. Honorary prizes are going to Judy Blume and to a longtime ally of Blume's in the fight against book bans, the American Library Association. On Thursday, the critics circle announced nominees in seven competitive categories, ranging from fiction to debut book to best translation. The other fiction nominees are Justin Torres' “Blackouts,” winner of the National Book Award last fall; Teju Cole's “Tremor,” Daniel Mason's “North Woods”; and Marie NDiaye's “Vengeance Is Mine,” translated from the French by Jordan Stump. The book critics circle, founded in 1974, consists of hundreds of reviewers and editors from around the country.
Persons: — Lorrie Moore, Naomi Klein, Ahmed Naji, Judy Blume, Blume's, Moore, , Justin Torres, ” Daniel Mason's “, Marie NDiaye's, Jordan Stump, Grace E, Tina Post's, ” Nicholas Dames, , Myriam Gurba's, Naji, Katharine Halls, Matthew Zapruder's “, ” Susan Kiyo Ito's, David Mas, Patricia Wakida, Jonathan Coe's Martin Luther King, Gregg Hecimovich, Hannah Crafts, Anna, Rachel Shteir's, Betty Friedan, Jonny Steinberg's, Winnie, Nelson, Saskia Hamilton's “, ” Kim Hyesoon's, ” Romeo Oriogun's, Robyn Schiff's, Kareem Abdulrahman, Natascha Bruce, Dorothy Tse's ”, Don Mee, Kim Hyesoon's, ” Todd, ” Maureen Freely’s, Tiffany, Indonesian Norman Erikson Pasaribu's, John Leonard, Ariana Benson's, ” Emilie Boone's, ” Victor Heringer's “, ” Tahir Hamut Izgil's, Donovan X, Martin J, Siegel's, Blume, Becca Rothfield, Marion Winik Organizations: American Library Association, Rotten, PEN America, U.S, Washington Locations: Egypt, Indonesian
NEW YORK (AP) — A poetry collection, a coming-of-age novel and a history of deep sea exploration are unlikely to be found in the same section of your favorite bookstore. But they all have enough in common to be this year's winners of Science + Literature awards, $10,000 prizes administered by the National Book Foundation and the Alfred P. Sloan Foundation. While ““The Bathysphere Book” is the only winner you could officially classify as science, all three works draw upon science and the natural world. In “Digging Stars,” the protagonist is an astronomer from Zimbabwe who emulates her father's profession. Sze, a National Book Award winner for poetry in 2019, has written often about nature and the cosmos.
Persons: Alfred P, Arthur Sze's “, Rosa, Brad Fox’s, , , Sze, Brad Fox, Arthur Sze, Novuyo Rosa Tshuma, Ruth Dickey, Doron Weber, Kai Bird, Martin J, Sherwin's “ Oppenheimer, Margot Lee Shetterly's, Weber, Sloan, ” Weber, Shane Campbell, Staton, Brian Teare, Ricardo Nuila Organizations: National Book Foundation, Sloan Foundation, Book Foundation, Sloan, People’s, Medicine Locations: Zimbabwe, Manhattan, Japan
Donald J. Trump doesn’t change. The judges’ different approaches to the tempestuous storm that entered their courtrooms — and the different results — could offer lessons beyond the two New York cases. They may provide guidance for the judges set to oversee Mr. Trump’s four potential criminal trials, who will want to keep the 45th president from transforming his legal proceedings into political spectacles. “The thing you’ve got to do primarily is set rules and enforce them,” said John S. Martin Jr., a former U.S. District Court judge in Manhattan. “I think if the judge is tough and doesn’t back down, Trump will back down.”
Persons: Donald J, Arthur F, Trump, Mr, , Jean Carroll, Judge Lewis A, Kaplan, Ms, you’ve, John S, Martin Jr, Organizations: Trump Locations: New York, York, U.S, Manhattan
Rovers, science experiments, golf balls and other telltale signs of human exploration still sit on the lunar surface, and it’s only just beginning as more space agencies and countries plan trips to the moon. An artist's illustration depicts the SLIM lander's descent toward the lunar surface. JAXAJapan’s “Moon Sniper” robotic explorer successfully landed on the lunar surface Friday but almost immediately encountered a critical issue. The Japan Aerospace Exploration Agency team said it believes the solar power issue is a result of the spacecraft facing the wrong direction. If the Moon Sniper can soak up some sunlight, the mission may continue.
Persons: Smart Lander, Emmanuel Rondeau, , Eager, Nick Famoso, Irene Stachon, Trent Ford, Lockheed Martin, Ashley Strickland, Katie Hunt Organizations: CNN, , telltale, JAXA, Japan Aerospace Exploration Agency, North America, University of Alaska, WWF, Force, NASA, Lockheed, CNN Space, Science Locations: Soviet, North, University of Alaska Fairbanks, Elma, Malayan, Malaysia, Oregon, Mitchell , Oregon, Scandinavia, Finland, Äkäslompolo, United States, Chicago, Illinois
CNN —Iowa’s Caitlin Clark continues to rack up the milestones as she moved into fourth on the all-time NCAA Division I women’s basketball scoring leaderboard. The reigning consensus national player of the year dropped 32 points in a 96-50 blowout win against the Wisconsin Badgers on Wednesday as she passed WNBA legend Brittney Griner in the record books. “I was really happy with our defense in this game,” Iowa head coach Lisa Bluder said after the game. Charlie Neibergall/APIn her senior year, Clark is leading the nation with 30.9 points per game and Kelsey Plum’s all-time women’s college basketball scoring record of 3,527 is now a tangible target. Her performances have been credited with increasing the popularity of women’s college basketball.
Persons: CNN — Iowa’s Caitlin Clark, Brittney Griner, Clark, Kate Martin, Serah Williams, , Lisa Bluder, Caitlin, Sydney, ” Clark, Charlie Neibergall, Kelsey Plum’s, “ It’s, I’m, Angel Reese Organizations: CNN, Wisconsin Badgers, Baylor University, Wisconsin, Badgers, Syd, AP, Indiana Fever, Iowa, Hawkeyes, LSU Tigers Locations: Iowa, Wisconsin
NYSE President Lynn Martin on the 2024 IPO pipeline
  + stars: | 2024-01-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYSE President Lynn Martin on the 2024 IPO pipelineNYSE President Lynn Martin joins 'Squawk Box' to discuss the state of the IPO market, 2024 outlook, and more.
Persons: Lynn Martin
But in a new study published Tuesday, some scientists claim it may not be recovering at all, and that the hole may even be expanding. In a paper, published by Nature Communications, they found that ozone levels have reduced by 26% since 2004 at the core of the hole in the Antarctic springtime. They used historical data to compare that behavior and changing ozone levels, and to measure signs of ozone recovery. “Altogether, our findings reveal the recent, large ozone holes may not be caused just by CFCs,” Kessenich said. “Those events have been shown to have strongly decreased the ozone hole size,” he said, “so including those events would probably have nullified any long-term negative trend.”
Persons: , Hannah Kessenich, didn’t, ” Kessenich, , Martin Jucker Organizations: CNN, Nature Communications, University of Otago, University of New, Science Media Center Locations: UN, Montreal, New Zealand, El, Southern, University of New South Wales, Australia
Joe Coffee founders Nick and Brenden Martin Joe CoffeeWall Street is on edge. Over the past two decades, small businesses have accounted for 40% of U.S. gross domestic product, according to the Chamber of Commerce. "If America is really built on the backbone of small business owners, why are they the ones that never catch the break?" In 2021, Joe Coffee, which now has 17 employees, created a full software and payments suite for coffee shops. WATCH: Xero will remain focused on core segments such as small businesses
Persons: PAYC ZI, Nick Martin, Joe Coffee, Martin, Joe Coffee's, aren't, Bill, Nick, Brenden Martin Joe Coffee, John Rettig, Cameron Hyzer, Yamini Rangan, Rangan, Bill didn't, Jake Dollarhide, Martins, Brenden Martin, Nick's, Brenden, Zhang Peng, they'd, Taylor McGinnis, ZoomInfo, we've, Bryan Keane Organizations: Starbucks, CNBC, Bill Holdings, Bureau of Labor Statistics, Joe, Nasdaq, Chamber of Commerce, Longbow Asset Management, Microsoft, Coffee Fest, UBS, Deutsche Bank Locations: Seattle, Paycom, West Richland , Washington, Coffee, Los Angeles
Marcelino returns for second stint as Villarreal manager
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +1 min
Nov 14 (Reuters) - Villarreal have appointed Marcelino as manager following the departure of Jose Rojo Martin just two months after taking charge, the Spanish club said late on Monday. Rojo Martin, known as 'Pacheta', parted ways with Villarreal on Friday, with Director of Football Miguel Angel Tena leading the side in their 3-1 defeat at Atletico Madrid on Sunday. Marcelino, who has signed a deal until 2026, also managed Villarreal from 2013 to 2016 and guided them to the Spanish top flight. The 58-year-old helped Villarreal achieve three top-six finishes and a Europa League semi-final in his final season. Reporting by Pearl Josephine Nazare in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.
Persons: Marcelino, Jose Rojo Martin, Rojo Martin, Football Miguel Angel Tena, Pearl Josephine Nazare, Peter Rutherford Organizations: Villarreal, Football, Atletico Madrid, Sunday, Europa League, Ligue, Olympique de Marseille, Osasuna, Thomson Locations: Spanish, LaLiga, Bengaluru
With James Harden on the way, Clippers face Magic
  + stars: | 2023-10-31 | by ( Field Level Media | ) www.reuters.com   time to read: +4 min
Multiple media outlets reported Monday night that the Clippers acquired James Harden in a multiplayer deal with the Philadelphia 76ers. Tucker and Filip Petrusev reportedly will join Harden in moving from Philadelphia to Los Angeles. Whoever takes the floor for the Clippers will attempt to restore the team's history of success against the Orlando Magic. Now the Magic are looking to beat the Clippers for the fourth time in six meetings when the clubs face off Tuesday night in Los Angeles. Los Angeles built a 19-point halftime lead on Sunday while rolling to a 123-83 victory over the visiting San Antonio Spurs.
Persons: James Harden, Harden hadn't, Daryl Morey, P.J . Tucker, Filip Petrusev, Harden, Nicolas Batum, Marcus Morris Sr, Robert Covington, Kenyon Martin Jr, Jan, Jamahl Mosley, Mosley, we've, That's, Paul George, that's, Kawhi, Russell Westbrook, George, Leonard, Paolo Banchero, Banchero, Mosley isn't, Paolo, he's, Gary Harris Organizations: Los Angeles Clippers, NBA, Orlando Magic, Clippers, Philadelphia 76ers, 76ers, P.J, The 76ers, Angeles, Orlando, Los Angeles Lakers, San Antonio Spurs, The Clippers, Lakers, Thomson Locations: Philadelphia, Los Angeles, Antonio
Battery raw material prices are falling 'drastically,' CRU says
  + stars: | 2023-10-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBattery raw material prices are falling 'drastically,' CRU saysMartin Jackson, head of battery raw materials at CRU, says the lithium, cobalt and nickel markets are generally oversupplied and "it will continue to be like that for several years."
Persons: CRU, Martin Jackson
Yes to life" take part in a anti-lithium protest in Covas do Barroso, Portugal, August 15, 2023. With 60,000 tonnes of known reserves, Portugal is already Europe's biggest producer of lithium, traditionally mined for ceramics. Referring to the Barroso project and another in France, he said it would be "a disaster if either ... doesn't succeed". But with only 15 of 916 submissions in a public consultation supporting the project, Savannah faces a struggle to win over locals who have said they will fight it and the APA in court. "Politicians listen to those who shout loudest and have most money - and that's the mining industry," she said.
Persons: Catarina Demony, Maria Loureiro, Loureiro, Barroso, Martin Jackson, , Savannah's, Michael Schmidt, doesn't, Schmidt, Nelson Gomes, Greta Thunberg, Karin Kvarfordt Niia, LKAB's, Anders Lindberg, UDCB's Catarina Alves Scarrott, Aida Fernandes, Barroso's, Dale Ferguson, Ferguson, Emanuel Proenca, Teresa Camille, Gunilla Hogberg Bjorck, Miguel Pereira, Covas do Barroso, Pietro Lombardi, Simon Johnson, Aislinn Laing, Catherine Evans Organizations: REUTERS, Savannah Resources, DO BARROSO, EU, Agriculture Organization, CRU, APA, State, Barroso, Reuters, UDCB, Thomson Locations: Covas do Barroso, Portugal, Barroso, China, London, Savannah, Europe, France, Kiruna, Sweden's, Montalegre, Scarrott, Portuguese, EUROPE, Chile, Covas, Karr, Covas do, Madrid, Stockholm
Consumers purchase gasoline at a gas station as a plane approaches to land at the airport in San Diego, California October 8, 2012. National retail gasoline prices will average $3.90 a gallon this month, predict analysts at Goldman Sachs. Jones said he was relieved prices were not close to the $5 a gallon level of last summer. Total U.S. gasoline stocks this month fell to 216.4 million barrels, the fifth decline in six weeks, according to U.S. government data. Reporting by Laura Sanicola and Shariq Khan; editing by Stephanie Kelly and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons: Mike Blake, Goldman Sachs, Martin Jones, Jones, Irving Oil's, Patrick De Haan, Laura Sanicola, Shariq, Stephanie Kelly, Aurora Ellis Organizations: REUTERS, Consumers, American Automobile Association, Toyota Corolla, Washington , D.C, U.S . Midwest, Total U.S, U.S . National Oceanic, Atmospheric Administration, NOAA, Hurricanes, Thomson Locations: San Diego , California, California, Washington, Massachusetts, Washington ,, U.S, Ohio, Michigan, Whiting , Indiana, New Brunswick, Canada, Trainer ,, Texas, Gulf
REUTERS/Evelyn HocksteinAug 14 (Reuters) - A coming regulatory proposal will overhaul how large regional banks prepare living wills in the event of their failure, U.S. Federal Deposit Insurance Corporation Chairman Martin Gruenberg said on Monday. Banks are currently required to submit plans to regulators detailing how they would wind up their businesses should they fail. "The proposed rule would require a bank to provide a strategy that is not dependent on an over-the-weekend sale," Gruenberg said. The proposal would also require banks to identify parts that could be sold separately, Gruenberg said, noting that could reduce their size and "expand the universe of possible acquirers." The proposal would require additional information from banks with more than $50 billion in assets, but not full resolution plans, he said.
Persons: Martin J, Gruenberg, Evelyn Hockstein, Martin Gruenberg, Banks, Douglas Gillison, Richard Chang Organizations: Deposit Insurance, Banking, Housing, Urban Affairs, REUTERS, U.S . Federal Deposit Insurance, . U.S, Brookings Institution, Regulators, Valley Bank, Signature Bank, Thomson Locations: Washington , U.S, U.S ., ., Washington
Winter heat wave in Chile offers 'window' to warmer world
  + stars: | 2023-08-03 | by ( ) www.reuters.com   time to read: +2 min
SANTIAGO, Aug 3 (Reuters) - A winter heat wave bringing historically high temperatures to Chile is a "window" to an increasingly warm future, according to scientists. "Having temperatures of 37 degrees (99 degrees Fahrenheit) in the middle of southern winter is extraordinary," said Raul Cordero, a climatologist at the University of Santiago. He added that while it's often hard to establish a connection between extreme weather events and climate change, temperatures in parts of Chile have been breaking records year after year. "Winter high-temperature events do affect the spring flow rate that can be expected from melt," Jacques said. According to the latest service reports, high temperatures in the north and center of the country will last all week.
Persons: SANTIAGO, Martin Jacques, Raul Cordero, Jacques, El Nino, Jorge Vega, Natalia Ramos, Alexander Villegas Organizations: Southern, Chile's University of Concepcion, University of Santiago, Thomson Locations: Chile
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