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☆ Lil Wayne says it 'hurt' that Kendrick Lamar was picked to perform at the Super Bowl. Here's what to know about the controversy.
▼ + stars: | 2024-09-13 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +9 min

Read previewEarlier this week, Kendrick Lamar was confirmed as the headliner for the next Super Bowl halftime show. AdvertisementMany hip-hop fans had hoped that Lousiana native Lil Wayne would be the chosen headliner — a hope that Lil Wayne said he shared. Here's a breakdown of the controversy's key points and everything you need to know about the Lamar vs. Wayne debate. Lil Wayne, Nicki Minaj, and Drake at the 2017 Billboard Music Awards. LIL WAYNE!!!!!!!!!!

Persons: —, Kendrick Lamar, Lamar, Drake, Lil Wayne, I'm, Wayne, Lamar hasn't, Critics, Wayne hasn't, Jay, Uzi, Lil Yachty, Ty Dolla, Nicki Minaj, Minaj, Kevin Mazur, Dre, Cam'ron, Wayne —, Nicki, LIL WAYNE, Nola what's, Johnny Nunez, Mike Freeman, Roc, Z, Z's, Joe, Fabolous, Roger Goodells Organizations: Service, Business, Lamar, Future, Metro Boomin, NFL, ign, Young Money Entertainment, Money Records, ppl, SoFi, West, Entertainment, Birdman, Cash, Wayne, BIRDMAN, The Recording, USA, Young, NPR, Jay Locations: New Orleans, Lamar, Los Angeles, Compton , California, City of New Orleans, Atlanta, Las Vegas

☆ The utilities sector is up 20% in 2024. Analysts love these dividend-paying names
▼ + stars: | 2024-09-10 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Bank of America sees yet another tailwind for utilities: The sector is a way to play falling interest rates. To that end, CNBC Pro used FactSet data to screen the S & P 1500 utilities sector, looking for companies that meet the following criteria. A total return – the stock price plus the value of reinvested dividends – of at least 10% in 2024. The stock offers a dividend yield of 3.0% and has a 2024 total return of nearly 23%. Year to date, the stock has a total return of nearly 38%, and it offers a dividend yield of 2.5%.

Persons: Savita Subramanian, Garrick Rochow, Morgan Stanley, David Arcaro, Diego's, —, Fred Imbert Organizations: Constellation Energy, NRG Energy, Mizuho Securities, Bank of America, Utilities, Real, CNBC Pro, Street, CMS Energy, Consumers Energy, CMS, NextEra, Management, Google, CNBC, PPL Locations: Jackson, Michigan, , Florida, 1Q24, Allentown, Penn

☆ Ellen DeGeneres spoke about the 'devastating' end of her talk show. Here are all the celebs who have spoken out about their experiences with her.
▼ + stars: | 2024-04-26 | by ( Julie Gerstein | Palmer Haasch | ) www.businessinsider.com time to read: +25 min

"The Ellen Degeneres Show" ended in May 2022, two years after toxic workplace allegations surfaced. AdvertisementShe was supposed to go out with a bang, but Ellen DeGeneres' much-loved talk show instead went out with a whimper. Even years after the 2020 controversy and ending of "The Ellen DeGeneres Show," celebrities like Emily Ratajkowski have continued to question some of her behavior. Garrett, who has appeared on "The Ellen DeGeneres Show" multiple times, reshared Variety's article about the comedian's letter apologizing to staffers who felt disrespected. AdvertisementOctavia Spencer said all her experiences on 'The Ellen DeGeneres Show' have been 'supportive and fun'The actress, who's appeared on "The Ellen DeGeneres Show" numerous times over the years, issued a statement supporting DeGeneres via Instagram on August 13.

Persons: Ellen Degeneres, DeGeneres, —, Ellen DeGeneres, Brad Garrett, Lea Thompson, Scooter Braun, Katy Perry, Emily Ratajkowski, Raymond, Garrett, reshared, hadn't, Garrett's, Thompson, didn't, Braun, Justin Bieber, Ariana Grande, she'd, Ellen, Portia de Rossi, De Rossi, Kris Jenner, Nacho Figueras, Brandi Carlile, Figueras, he'd, Jennifer Aniston, Jennifer Lopez, Michelle Obama, Pink, Sean Hayes, Lady Gaga, Oprah, Justin Timberlake —, Perry, Samantha Ronson, I've, Ronson, Diane Keaton, SHOW, Kevin Hart, Hart —, Ashton Kutcher, Kutcher, he's, Jerry O'Connell, de Rossi, O'Connell, Portia, Portia … Instagrammed, Jay Leno, Andy Richter, Ashley Nicole Black, who's, Howard Stern, Howard, Beth, Phoebe Bridgers, ellen, Octavia Spencer, Spencer, ELLEN, Sofia, Mariah Carey, Carey, that's, Steve Harvey, Jonathan Leibson, Harvey, I'd, Alec Baldwin, Baldwin, Ryan Phillippe, Phillippe, hasn't, NikkieTutorials, Nikkie de Jager, Degeneres, Tony Okunbowa, Taylor Swift's, Taylor Swift, Swift, She's, Ratajkowski, Elle Organizations: Service, Twitter, Los Angeles Times, @TheEllenShow, DJ, SHOW, Entertainment, ppl, TBS, Colombian, Us Locations: Argentine, British, Instagram, American

☆ A timeline of Nicki Minaj's biggest controversies and problematic comments
▼ + stars: | 2024-01-29 | by ( Callie Ahlgrim | Olivia Singh | ) www.businessinsider.com time to read: +2 min

2012 to 2013: Minaj and Mariah Carey famously didn't get along while serving as judges on season 12 of "American Idol." "American Idol" judges Mariah Carey, Keith Urban, and Nicki Minaj in 2013. But in early October 2012, TMZ posted a video showing Minaj yelling at Carey during the season 12 auditions. Around the same time, "American Idol" producer Nigel Lythgoe told TMZ, "The statement [that Nicki made a death threat] is absolute rubbish. Carey reflected on the feud in 2015, telling an Australian radio show that being on "American Idol" was "the worst experience of my life."

Persons: Minaj, Mariah Carey, didn't, Keith Urban, Nicki Minaj, Todd Williamson, Carey wasn't, she'd, Carey, I'm, Barbara Walters, nicki, smthn, Barbara, Nigel Lythgoe, TMZ, Nicki Organizations: TMZ, Twitter, ppl, American Idol Locations: Australian

☆ Talk show host Joy Behar dismisses claims that Gen Z is 'left behind' by the economy and tells them to 'get a job'
▼ + stars: | 2024-01-18 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Joy Behar was dismissive of the economic problems Gen Z are facing and told them to "get a job." AdvertisementActress and TV personality Joy Behar dismissed claims that Gen Z is being "left behind" by the economy and said that they need to "get a job" instead. Griffin responded: "In defense of Gen Z, they're not hitting the milestones the way every generation before them did. One commenter wrote on X : "Joy Behar showing her whole CLASS as she tells Gen Z to get a job. Advertisement46% of Gen Z and 37% of millennials said they had taken on a second job in addition to their primary job to make ends meet.

Persons: Joy Behar, Z's, Behar's, —, Behar, Whoopi Goldberg, Alyssa Farah Griffin, Sunny Hostin, Sara Haines, Goldberg, Griffin, Gen, commenter, Z, Zers, millennials Organizations: Service, ppl, ABC, Deloitte

☆ Former Yahoo CEO Marissa Mayer delivers sharp-elbowed rebuke of OpenAI's 'broken' board
▼ + stars: | 2023-11-20 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Marissa Mayer slammed OpenAI's 'broken and underadvised' board on social media. AdvertisementMarissa Mayer has some harsh words for OpenAI's board. "The fact that Ilya now regrets just shows how broken and underadvised they are/were," Mayer wrote on social media. OpenAI's bylaws allow board members to both appoint and remove other board members with a majority vote, Wired reported. In the case of OpenAI, which had only six board members, a majority vote meant only four board members needed to agree on a change to approve it.

Persons: Marissa Mayer, OpenAI's, OpenAI, Sam Altman, Mayer, —, Altman, Ilya Sutskever, Sutskever, Emmett Shear, Ilya, Reid Hoffman, Shivon Zilis, Will Hurd, spokespeople, Hoffman, Brian Chesky Organizations: Yahoo, Service, Twitter, Google, Microsoft, Wired, Republican, ppl Locations: OpenAI

☆ AMC's CEO thought he was texting naughty photos to a former ballerina fling. Then everything went haywire.
▼ + stars: | 2023-10-27 | by ( Madeline Berg | ) www.businessinsider.com time to read: +11 min

This "resentment toward her abusers" may have led her to text Aron — a wealthy, powerful man in the public eye, her lawyers said. "Send me a naughty picture," Blackwood texted, a couple weeks into their flirty exchange. When he asked for photos in return, Blackwood sent him images of an unnamed Russian model that she pulled from Instagram. "Ceo scandal is apparently lucrative," Blackwood texted, posing as Brian. AdvertisementAdvertisement"I was shown some images and I was wondering if you're available to speak," the fake reporter texted Aron.

Persons: Adam Aron's, Mia, Aron, Sakoya Blackwood, Adam Aron, Matthew Belloni, Blackwood, She'd, Evander, —, Aron —, paramour, Koya Blackwood Fews, Lila Cohen, Brian, Blackwood texted, he'd, they'd, Brian —, He'd, Brian didn't, there's, he's, abt, Aron didn't, Blackwood didn't, texted Aron, hadn't, Jeff Bezos, Bezos, fiancée Lauren Sanchez —, Aron hasn't, hasn't, Taylor, unfazed, He's Organizations: of, United States, Court Southern District of, Hollywood, AMC, Evander Childs High School, —, Instagram, Arizona, National Enquirer, ppl, FBI, Twitter, Amazon Locations: Southern, of New York, Court Southern District of New York, Bronx, Jamaica, Russian, York City, California, Sinai, Aron

☆ These utilities can withstand the pain as higher interest rates weigh on the sector, says Bank of America
▼ + stars: | 2023-10-24 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Utilities, beloved for their dividend payments, are under pressure in today's high rate environment, but a few gems stand out in the tarnished sector, according to Bank of America. The sector has suffered through 2023, shedding 16%, as the Federal Reserve continues to roll out its policy-tightening campaign. But there are a few opportunities in the sector, even as Bank of America says utilities aren't particularly compelling now. Both are also deemed top buys by Bank of America. PG & E has a California rate case development coming on Nov. 2, when the California Public Utilities Commission will be meeting.

Persons: Julien Dumoulin, Smith, ConEd, Michael Bloom Organizations: Bank of America, Federal Reserve, Consolidated Edison, E Corporation, PPL Corporation, California Public Utilities Commission, Kentucky Public Service Commission, PPL Locations: California, Kentucky

☆ A Tiktoker 'girlsplained' the Israel-Hamas war. She later removed the post and apologized for her 'fun flirty analogy.'
▼ + stars: | 2023-10-19 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +4 min

Nikita Redkar, a TikToker known for "girlsplaining" complex topics, is under fire after a new post. In it, Redkar tried to explain the Israel-Palestine conflict using an analogy of girls at a party. AdvertisementAdvertisementA popular self-described "for the girlies" TikToker is under fire this week after uploading a video "girlsplaining" the history of conflict between Israel and Palestine. A screen recording of Redkar's video shows her explanation of the conflict. "I use these fun, flirty analogies to explain complicated news topics in all of my videos," said Redkar in the video.

Persons: Nikita Redkar, Redkar, —, Patty, Brittany, Izzy Organizations: Service, Ppl Locations: Israel, Palestine

☆ Analysis: Canada may struggle to recoup $26 billion cost of Trans Mountain pipeline
▼ + stars: | 2023-10-12 | by ( Nia Williams | ) www.reuters.com time to read: +5 min

Prime Minister Justin Trudeau's Liberal government bought Trans Mountain in 2018 for C$4.5 billion to rescue the expansion project, which has struggled with years of regulatory delay and massive cost overruns. A Reuters survey of five analysts and investors valued Trans Mountain between C$15 billion and C$25 billion, based on factors including projected earnings and oil shipping tolls. Trans Mountain Corp (TMC) CEO Dawn Farrell told local media last week the sale could wrap up by early 2025, just as Canada heads into a federal election. Trans Mountain offers strategic value as it is the only pipeline taking crude from Canada's oil patch to the Pacific, and on to Asian refining markets. "It's hard to imagine...that a pipeline like Trans Mountain would ever be built again," Poscente said.

Persons: Justin Trudeau's, Ryan Bushell, Dawn Farrell, Michael Dunn, Paul Poscente, Poscente, Pembina, Scott Burrows, Enbridge, Marc Weil, Dave Szybunka, Szybunka, Rod Nickel, Steve Scherer, Denny Thomas, Marguerita Choy Organizations: Ottawa, Justin Trudeau's Liberal, Reuters, Newhaven Asset Management, Trans Mountain Corp, Mountain, Cenovus Energy, Nations, Axxcelus, Chinook, Pembina Pipeline Corp, Indigenous Pipeline, TC Energy, Keystone, TC, Canoe Financial, Thomson Locations: Canada, Alberta, Trans, Newhaven, Pembina, U.S, Gulf, Calgary, Winnipeg, Ottawa

☆ Reaction to Democratic U.S. Senator Feinstein's death
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +4 min

Senator Dianne Feinstein (D-CA) (C) talks to reporters as she walks to the Senate floor on Capitol Hill, in Washington December 9, 2014. Senator Dianne Feinstein, a California Democrat, has died at 90, a source familiar with the news said on Friday, although Feinstein's office did not immediately respond to a request for comment. U.S. REPRESENTATIVE JUDY CHU, a California Democrat, on X:"Senator Feinstein was a trailblazer, a proud Californian, and a legislative titan. HILLARY CLINTON, former U.S. senator, secretary of state and Democratic presidential nominee, on X:"I'm deeply saddened by the passing of Dianne Feinstein. SENATOR TIM SCOTT, a South Carolina Republican and 2020 presidential candidate, on X:"Saddened to learn of Senator Feinstein’s passing.

Persons: Dianne Feinstein, KATIE PORTER, Feinstein, JUDY CHU, HILLARY CLINTON, CHRIS MURPHY, Dianne, CHUCK GRASSLEY, Sen Feinstein, I’ll, TIM, Feinstein’s, MARCO RUBIO, MARK WARNER, Sen, KIRSTEN GILLIBRAND, CLAIRE MCCASKELL, Makini Brice, David Morgan, Jasper Ward, Susan Heavey, Jan Harvey 私 Organizations: CIA, California Democrat, trailblazer, Democratic, U.S, Connecticut Democrat, Iowa Republican, ppl, TIM SCOTT, South Carolina Republican, Florida Republican, Virginia Democrat, New, New York Democrat, Senate, Democratic U.S, MSNBC Locations: Washington, 読む WASHINGTON, California, U.S, Connecticut, Newtown, Iowa, Florida, Virginia, New York, Missouri

☆ Utilities look like a good bet into year-end, Morgan Stanley says. Here are 3 names to play the trend
▼ + stars: | 2023-09-18 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +2 min

Utilities have limped through much of 2023, but a few catalysts could lift a handful of stocks into the end of the year, according to Morgan Stanley. The wildfires in Maui have drawn attention to how severe weather can pose a risk to utilities. Nevertheless, there could be room for some year-end upside, Morgan Stanley analyst David Arcaro said in a report last week. "We expect a constructive outcome in the case supporting the upper half of earnings guidance," the Morgan Stanley analyst said. Morgan Stanley has an overweight recommendation on all three utilities.

Persons: Morgan Stanley, David Arcaro, Arcaro, Michael Bloom Organizations: Utilities, Electric, PPL Locations: Maui, Kentucky

☆ A viral rant about a grocery store customer who tried to buy over $1,000 of stuff using food stamps is dividing TikTok
▼ + stars: | 2023-09-07 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Someone tried to buy over $1,000 of groceries with food stamps at the supermarket chain Food Lion. A Food Lion worker posted on TikTok, saying the customer abandoned their carts and didn't end up paying. Insider was not able to independently confirm which branch of Food Lion Malik works at, or their position at the store. Food stamps are a blessing," read one comment. Representatives for Malik and Food Lion did not immediately respond to a request for comment from Insider sent outside regular business hours.

Persons: Malik, Food Lion Malik Organizations: Food, Service, Food Lion, Apple, ppl, FS, Pew Research Center, SNAP, US Department of Agriculture Locations: Wall, Silicon, American

Americans are heading into the Fourth of July holiday with an economy that has been nothing short of resilient. Given this backdrop, CNBC Pro set out to find the stocks that can capitalize the most from a strong U.S. economy. Solar energy stock Sunrun also made the list. "The company is experiencing strong momentum across all its sales channels," he said in a note last month. Other stocks that made the cut include Frontier Communications , Marriott Vacations , Marathon Oil , Scotts Miracle-Gro and energy company PPL .

Persons: James West Organizations: Commerce Department, Delta Air Lines, AAA, Federal Reserve, Wall Street, CNBC Pro, U.S, Caesars Entertainment, Analysts, Financial, Frontier Communications, Marriott, Oil, Miracle, Gro, PPL Locations: U.S, Puerto Rico

☆ Some fans have turned on Lana Del Rey. Here's a complete timeline of how the singer soured her own reputation.
▼ + stars: | 2023-06-26 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +32 min

May 2020: Del Rey posted an unprompted public statement about her own reputationIt all began on May 21, four months after she attended the 2020 Grammys, when Del Rey shared a lengthy open letter on Instagram. —Lana Del Rey (@LanaDelRey) January 12, 2021—Lana Del Rey (@LanaDelRey) January 12, 2021Hardly one to stifle momentum, Del Rey also responded to the Australian blog Tone Deaf, which had published an article criticizing the defense of her album cover. —Lana Del Rey (@LanaDelRey) January 12, 2021—Lana Del Rey (@LanaDelRey) January 12, 2021Del Rey continued tweeting about her BBC interview, clarifying that she meant to criticize Trump's "significant lack of empathy" and "the issue of sociopathy and narcissism in America." Advertisement—Lana Del Rey (@LanaDelRey) January 12, 2021—Lana Del Rey (@LanaDelRey) January 12, 2021She also expressed disdain for negative publicity, citing her "long term relationship" with magazines like Complex and Rolling Stone, calling the former "pathetic." June 24, 2023: Del Rey arrived 30 minutes late to the stage at Glastonbury, telling the crowd, 'My hair takes so long to do'Lana Del Rey performs at Glastonbury Festival.

Persons: Lana Del Rey, Del Rey, —, Norman, Rockwell, Del Rey's, Del, she's, Ariana, Camila, Cardi, Nicki Minaj, Beyoncé, Lizzy Grant, Fader, Helen Brown, Brown, Christine Capetola, Lana, Ashley Reese, YouTuber D'Angelo Wallace, Lana Del, that's, Karen, Wallace, Nichole Perkins, Roxane Gay, Ariana Grande, Cat, Pence, It's, Magdalene, George Floyd, Kehlani, Tinashe, Violet, Noble, lana, frick, preemptively, I'm, Annie Mac, Trump, Donald Trump, Lana stans, Mac, Biden, I've, tweeting, Trump's, Steven Hyden, Ann Powers, Powers, they'd, Judah Smith, megachurch Churchome, Smith, Jack Antonoff, God, desirs, Marie Claire, Chris Pratt, Justin Bieber, Judah, Coleman Spilde, Joseph Okpako, WireImage Del, who's, Let's Organizations: Service, Pitchfork, Independent, Tulane, Trump, Twitter, Country, Billboard, Barnes, CDC, ppl, Michigan, YouTube, Capitol, NPR, Hall of Fame, BBC, Hillsong, Daily, Catholic Church, Glastonbury, Glastonbury Festival Locations: Los Angeles, America, Del Rey's, Del Rey, Churchome, y'all, WireImage Del Rey, Glastonbury

☆ Strikes, Delays and Lost Luggage: How to Survive Air Travel This Summer
▼ + stars: | 2023-05-25 | by ( Elaine Glusac | The New York Times | ) www.nytimes.com time to read: +27 min

Illustration by Yukai Du Strikes, Delays and Lost Luggage: How to Survive Air Travel This Summer With the travel season in full swing, we compiled a guide to help you navigate the year’s most hectic time in the skies. If you don’t care which beach, shop around.” If you haven’t booked summer flights, do it now. For one, avoiding the airports with the highest levels of delays and cancellations last summer may be a good idea. They’re also getting longer inside airport lounges, longtime havens from the masses clogging the terminals at peak times. Standard membership in Priority Pass, a network of 1,300 airport lounges, starts at $99 a year, with each visit costing $35 at that level.

Persons: Yukai Du, we’ve, haven’t, Hopper, What’s, ”, Laura Lindsay, Ted Rossman, Priceline, Mr, Rossman, Charlotte Douglas, Toronto Pearson, it’s, “, Carter Langston, Rhonda Lawson, C.B.P, you’ve, you’re, You’ll, Lawson, Emmanuel Macron, Tomasz Pawliszyn, Jamie Larounis, Larounis, they’re, SITA —, They’re, Eric Goldmann of Atlanta Organizations: Bureau of Labor Statistics, Google, Miami, JetBlue, Heathrow Airport, Amsterdam Schiphol, Gatwick, Air Canada, Labor, Newark Liberty International, La Guardia Airport, Kennedy Airport, Reagan, Miami International, Orlando International, Boston Logan International, Charlotte Douglas International, Toronto Pearson, Federal Aviation Administration, Washington , D.C, Customs, Western, Gulf, Phoenix, Transportation Security Administration, Global, Border Protection, Clear, PreCheck, Heathrow, Air, SNCF, U.S . State Department, Smart, Union, Travelers, New Tech, Airlines, Lufthansa, Siemens, Alaska Airlines, KLM, U.S . Bureau of Transportation Statistics, Apple, The Department of Transportation, American, Venture, Dallas Fort Worth International, JPMorgan Chase, Club, Chase Sapphire Reserve, Americas Locations: Europe, United States, Asia, San Francisco, Jacksonville, Fla, Miami, London, Amsterdam, U.S, La, New York, Washington, Charlotte, N.C, Newark, Orlando, Toronto, Sydney, Jakarta, Frankfurt, Munich, Heathrow, Washington ,, States, Denver, Seattle, Reno, Nev, Gulf Coast, Atlantic, Houston , New Orleans, Atlanta, Luton, T.S.A, ’, noncitizens, France, Britain, Italy, Germany, Berlin, Dutch, Swiss, Delta, United, Hong Kong, Dallas, Boston, North, Central, South America, Dallas , Newark

☆ Opinion | A Gun-Filled America Is a World of Fear and Alienation
▼ + stars: | 2023-05-09 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +1 min

The frequency of mass shootings in the United States means there is a ritual, of sorts, associated with each occurrence. Republican politicians offer “thoughts and prayers,” Democratic politicians condemn those offering only “thoughts and prayers,” and their respective allies in the media trade barbs over gun control. On Twitter, Megyn Kelly — a former Fox News anchor — took part in the ritual with a series of tweets castigating gun control proponents for focusing on, well, gun control. “Serious q for gun control advocates: you’ve failed to effect change,” she said. We’re all well aware you don’t like that fact, but fact it is.

☆ Alberta wildfire shuts in at least 2% of Canadian energy production
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +4 min

It added that about 50,000 boepd of production has been temporarily curtailed since the evening of May 5. Crescent Point Energy Corp (CPG.TO)Crescent Point said about 45,000 boepd of production in the Kaybob Duvernay region has been temporarily shut in with a plan to restart production once safe and permitted to do so. NuVista Energy Ltd (NVA.TO)The company said it has temporarily shut in and depressured all operations proximal to the ongoing fires in the Grande Prairie region. Vermilion Energy Inc (VET.TO)Vermilion Energy said it had temporarily shut in about 30,000 boepd of production and that it was assessing the risk to its operations. Cenovus Energy Inc (CVE.TO)Cenovus said it has shut-in production and brought plants down in some areas of its conventional business.

☆ Thousands of Albertans evacuated in "unprecedented" wildfire situation
▼ + stars: | 2023-05-06 | by ( Maiya Keidan | ) www.reuters.com time to read: +3 min

ET), 24,511 Albertans were evacuated from homes with 103 active wildfires across the province, burning 121,909 hectares. "I don't know that I ever recall seeing multiple communities evacuated all at once in fire season," said Smith. So far this year, there have been 43,000 hectares burned from wildfires, Smith said. "It is very unusual for us to see this much fire activity this early in the season," said Christie Tucker, an information unit manager for Alberta Wildfire. "This is a much much busier than average wildfire season so far."

☆ Morning Bid: Hike and hold, bank angst and Apple
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +5 min

As the Fed delivered what markets assume will be the last rate hike of a brutal 13-month, 500-basis-point tightening cycle, further aftershocks from the March bank blowups reverberated in the background. And given they had advance knowledge of next week's quarterly loan survey before Wednesday's rate decision, it suggests the bigger picture they see remains somewhat equivocal. Norway's central bank raised interest rates as expected and signalled more to come. Events to watch for on Thursday:* European Central Bank policy decision, statement and news conference* U.S. first quarter unit labor costs and productivity, April layoffs, March trade balance, weekly jobless claims. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Canada's B.C. province sets high emissions bar for new LNG projects
▼ + stars: | 2023-03-17 | by ( Nia Williams | ) www.reuters.com time to read: +4 min

[1/2] The entrance to Shell's LNG Canada project site is shown in Kitimat in northwestern British Columbia on April 12, 2014. While the tougher regulation will not impact the huge Shell-led (SHEL.L) LNG Canada project already under construction, a proposed export terminal adjoining the small-scale Tilbury LNG facility and the early-stage Ksi Lisims LNG project in northern B.C will fall under the new rule. The province will start exporting 14 million tonnes per annum (MTPA) when LNG Canada enters service in 2025. "That (net-zero requirement) is a very high bar and a high hurdle to pass," said Mark Zacharias, executive director of think-tank Clean Energy Canada, adding the new framework rounds out B.C. 's new regulations also include an oil and gas emissions cap and plans to accelerate the electrification of the economy.

☆ Analysis: Some highly rated US companies take unusual funding route as rates rise
▼ + stars: | 2023-02-27 | by ( Shankar Ramakrishnan | ) www.reuters.com time to read: +4 min

Credit-worthy companies have found in the past that they can raise funds more cheaply in investment-grade bond markets. They were able to issue the securities at much lower interest rates than what they would have had to pay on a bond. In interviews, two bankers and an investor said that uncertainty has made convertible bonds an attractive option to raise money for some investment-grade companies. Earlier this week, for example, investors bought PPL’s convertible bond at 100 cents on the dollar, or at par. Because defensive stocks such as utilities like PPl could benefit if interest rates keep rising, potential returns for investors in convertible bonds could be boosted.

☆ Morning Bid: Elusive peaks
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +4 min

Unlike much of last year, the rates market is now inclined to believe the central bank on the direction of travel. And implied year-end rates are as high as 5.12% - almost half a point higher than where the current rate sits. Two-year Treasury yields hit a three-month high at 4.72% on Friday, with 10-year yields at 3-month peaks too - homing in on 4% for the first time since November. So as impressive as this week's stock market resilience had been to the new inflation and rates environment, it appears to be buckling again already. Key developments that may provide direction to U.S. markets later on Friday:* U.S. Jan import and export prices, leading indicator.

☆ From meltdowns to break-ups, viewers are still talking about Tubi's divisive prank Super Bowl ad days after it aired
▼ + stars: | 2023-02-16 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Tubi aired a cheeky prank commercial during Super Bowl LVII on Sunday that many are still discussing. The ad made viewers think the game was back, only to be interrupted by a switch to the Tubi app. Social media users are still cracking jokes and making serious points about reactions to the ad. Twitter and TikTok users are still talking about the Fox-owned streaming service's Super Bowl commercial days after the big game aired, after many say it successfully tricked them into thinking someone was controlling their TV. "The way that tubi commercial caused so many issues," one Twitter user wrote on Wednesday.

With a majority of S & P 500 companies having posted their quarterly results, investors' focus will turn toward inflation and the consumer price index reading in the upcoming week. The three major indexes are on pace to end the week down, with the S & P 500 poised to post its worst performance since December. Sharp declines for Alphabet , which is off by more than 9% this week, dragged the tech-heavy index. January's consumer price index With the latest Powell speech in the books, investors are now looking ahead to the consumer price index for insight into the pace of inflation. "Retail sales and CPI is really driven by the consumer, and a lot of eyes are on how the consumer doing," Bruno said.

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