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☆ Bed Bath & Beyond files for bankruptcy
▼ + stars: | 2023-04-23 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Chris Hammons unloads a bag of items she purchased at a Bed Bath & Beyond store in Dallas, Texas September 23, 2009. In its bankruptcy filing, Bed Bath & Beyond said it had $5.2 billion in debt and assets of just $4.4 billion. Discount chains such as HomeGoods and TJ Maxx have also undercut Bed Bath & Beyond’s prices. Without the differentiators of the lowest prices or widest selection, Bed Bath & Beyond’s sales stagnated from 2012 to 2019. And Bed Bath & Beyond is the latest retail chain to file for bankruptcy this year.

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☆ Startups want to use blockchain technology to improve the carbon-credit markets. Here's why big names in the climate industry are warming up to the idea.
▼ + stars: | 2023-04-22 | by ( April Joyner | ) www.businessinsider.com time to read: +8 min

Startups including Toucan and Topl are building blockchain tools for issuing carbon credits. Several companies, including Toucan, Return, Topl, and Open Forest Protocol, are now aiming to improve the transparency and reliability of carbon credits by coupling climate initiatives with blockchain technology. Erin MurphyThe need for greater transparency in carbon marketsCompanies buy carbon credits to offset the amount of greenhouse-gas emissions their business activity generates. Aureus EarthThe potential benefits of credits on the blockchainThat's where blockchain technology comes in, Murphy and other proponents said. Despite the flaws of that initial attempt, it showed ample market demand for blockchain-based carbon credits, Hoopes said.

☆ JPMorgan bankers met with Epstein after his accounts were closed - WSJ
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +3 min

Bank employees also met with Epstein after his accounts were closed to discuss other clients and introductions he could make to potential clients, the newspaper said, citing people familiar with the meetings. The interaction with Epstein was typical for a client of the private bank, a JPMorgan spokesman said after the article was published. JPMorgan is being sued in Manhattan federal court by women who said Epstein sexually abused them, and by the government of the U.S. Virgin Islands, where Epstein owned a private island. JPMorgan did business with Epstein as early as 1998, and managed about 55 Epstein-related accounts worth hundreds of millions of dollars. Epstein was a client for about five years after he pleaded guilty in 2008 to a Florida state prostitution charge.

Lilly has not previously discussed its Medicare coverage optimism publicly. The U.S. Centers for Medicare & Medicaid Services (CMS) did not immediately respond to a request for comment. Such "coverage with evidence development" requirements are rare and historically used by Medicare to evaluate medical devices. Amyvid, Lilly's Alzheimer's imaging agent that can detect amyloid plaques on PET scans, has been subject to CMS' evidence development program for a decade. "It shuts out many patients," said Dr. Maria Carrillo, chief science officer of the Alzheimer’s Association, "especially minorities and rural patients."

☆ How investors cash in on the $2.9 billion boom in wrongful-conviction lawsuits
▼ + stars: | 2023-04-21 | by ( Delon Thornton | ) www.cnbc.com time to read: +2 min

For the past few decades, state and local governments throughout the U.S. have paid out a total of $2.9 billion to Americans who were wrongly convicted of crimes. Collectively, over 25,000 years have been lost behind bars to the wrongfully convicted, according to recent estimates. Thirty-eight states, the federal government and the District of Columbia all offer exonerees some form of wrongful-conviction compensation. "There's no credit checks, there's no collaterals, there's no guarantees, there's no assets," said Abraham Arouesty, of Tribeca Capital Group, a litigation firm that offers funding for wrongful-conviction cases. Watch the video above to find out more about why investors are betting on wrongful-conviction lawsuits

☆ Eli Lilly jumps to all-time highs on Alzheimer's news. Here's what it means our investment
▼ + stars: | 2023-04-21 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

LLY 1Y mountain Shares of Eli Lilly over the past 12 months. Still, a commercially successful Alzheimer's drug would be material for Eli Lilly and strengthen its long-term position. Mounjaro is the heart of our Eli Lilly investment case. Another catalyst looming for Eli Lilly shares is results from a study conducted by its competitor in the weight-loss category Novo Nordisk . Eli Lilly Pharmaceutical company logo SOPA Images | LightRocket | Getty Images

☆ The Mind Behind the Music You Can’t Get Out of Your Head
▼ + stars: | 2023-04-20 | by ( Ben Cohen | ) www.wsj.com time to read: 1 min

Illustration: Nathan HackettWhen the Library of Congress recently enshrined the latest collection of music into the National Recording Registry, there was something for everyone on the list of hits: “Imagine” by John Lennon, “Like a Virgin” by Madonna, “Stairway to Heaven” by Led Zeppelin, “Margaritaville” by Jimmy Buffett and “All I Want For Christmas Is You” by Mariah Carey. But perhaps the most recognizable of the tunes was one with an unrecognizable title, written by someone whose name you probably haven’t heard, even though billions of people might be familiar with his work.

☆ How the Music of ‘Super Mario Bros.’ Became a Smash Hit
▼ + stars: | 2023-04-20 | by ( Ben Cohen | ) www.wsj.com time to read: 1 min

☆ I spent 10 years studying what makes us happy in life—here's the No. 1 thing I overlooked the entire time
▼ + stars: | 2023-04-18 | by ( Gretchen Rubin | ) www.cnbc.com time to read: +3 min

The smell of eucalyptus, for example, always reminds me of the 10 lovely months I lived in San Francisco. Zoom In Icon Arrows pointing outwards Marloes De Vries for CNBC Make ItSmells can also boost awareness, too. When I'm in a situation that makes me anxious, like being backstage before giving a big talk, I hold a pen. When I took my laptop to a small neighborhood library to write in its quiet workroom, for example, I got distracted by someone's cough. Just as you do periodic sweeps of your home to clear clutter, you can clear clatter, too.

☆ Pelosi campaign pays Illinois man $7,500 after he sued over 'invasive and harassing' fundraising texts
▼ + stars: | 2023-04-17 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

An Illinois man sued Nancy Pelosi's campaign for more than $31,500 over unwanted fundraising texts. And according to federal campaign finance disclosures made public on Friday, the dismissal came after Rojas received a $7,500 payment marked "Settlement" from Pelosi's congressional campaign. Rojas and Pelosi's campaign did not immediately respond to Insider's request for comment. A fundraising text that Rojas received from Pelosi, according to the lawsuit. Screenshot/Rojas v. Nancy Pelosi for Congress et alA full copy of the lawsuit can be found below:

☆ Ukraine awaits US missile system after latest Russian strike
▼ + stars: | 2023-04-15 | by ( ) www.cnbc.com time to read: +4 min

The entrance to the Recknitztal barracks, home of the anti-aircraft missile group 24, on the left a mobile launch pad of the Patriot air defense system. The delivery of the Patriot air defense system promised by the U.S. was expected in Ukraine sometime after Easter, Ukrainian air force spokesperson Yuriy Ihnat said. Germany and the Netherlands also have pledged to provide a Patriot system each to Ukraine. Separately, a 48-year-old woman and her 28-year-old daughter died Saturday after Russian forces shelled a neighborhood of the city of Kherson, the regional administration said on Telegram. The southern port city was occupied by Russian forces in the early months of the war, but Ukrainian forces regained control of it in November, one of the most notable battlefield defeats for Moscow.

☆ Racial Disparities are worsening disaster recovery for people of color. With climate change, things could get worse
▼ + stars: | 2023-04-14 | by ( Lauren Lee | ) edition.cnn.com time to read: +13 min

Rolling Fork, Mississippi suffered massive damage from a powerful tornado on March 24. Racial disparities existed in Rolling Fork for decades. She started I-DIEM after spending over 14 years in disaster management. Shirley Stamps stands in the rubble of her home in the aftermath of the Rolling Fork tornado. And increasingly, non-profits are doing things differently to address racial disparities in disaster management.

☆ Crypto exchange Binance expands in Argentina
▼ + stars: | 2023-04-04 | by ( Anna-Catherine Brigida | ) www.reuters.com time to read: +2 min

BUENOS AIRES, April 4 (Reuters) - Crypto exchange Binance, which has been sued by U.S. regulators, said on Tuesday it is expanding services in inflation-hit Argentina, allowing users to buy and sell digital currencies directly with local pesos. Until now, Binance had operated in Argentina only as an intermediary platform to match crypto buyers and sellers. He said local users could transfer pesos to a Binance account and see their balance reflected there in local currency, which would then be usable to buy crypto. As Binance has faced mounting scrutiny from regulators, the exchange has lost some banking partners needed for so-called on-ramp, off-ramp transactions to fiat currencies. "Argentine users know the crypto world," Hinz said.

☆ 4 things every small-business owner should consider before launching a brand podcast
▼ + stars: | 2023-04-04 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +8 min

Brand podcasts can bring in new customers and nurture relationships with existing partners. They give technical advice on cost, production, and careful considerations for your launch strategy before starting a brand podcast. Insider spoke with five small-business owners to learn how they ran successful brand podcasts while prioritizing their actual businesses. Olivia Dreizen Howell, a cofounder of Fresh Starts Registry and the brand podcast "A Fresh Story," swears by the free Spotify for Podcasters editing tools. Leverage your network for launchIt's easy to lose momentum if you launch a brand podcast and don't quickly see some traction.

☆ Exclusive: US to build $300 mln database to fuel Alzheimer's research
▼ + stars: | 2023-04-03 | by ( Julie Steenhuysen | ) www.reuters.com time to read: +4 min

The platform will draw on data from medical records, insurance claims, pharmacies, mobile devices, sensors and various government agencies, they said. The database could help identify healthy people at risk for Alzheimer's, which affects about 6 million Americans, for future drug trials. The U.S. Medicare health plan for older adults will likely require such tracking in a registry as a condition of reimbursement for Leqembi. Silverberg said the data platform could also help researchers working in other disease areas understand which patients are most at risk and the impact of medications. The system would be built in a secure computing environment with a number of restrictions to ensure the privacy of people's health data, Silverberg said.

☆ Independent Group Stakes Out Position as Arbiter of Carbon-Offset Quality
▼ + stars: | 2023-03-30 | by ( Dieter Holger | ) www.wsj.com time to read: +5 min

Each carbon credit is supposed to equal one metric ton of carbon dioxide avoided or removed from the atmosphere. Credits that meet the ICVCM’s standards would receive a so-called Core Carbon Principles badge. Still, it remains to be seen how carbon crediting organizations adopt the ICVCM’s standards. PREVIEWThe ICVCM’s effort comes during a time when many companies are hesitant to buy voluntary carbon credits or have pulled back. Less than a quarter of 137 global companies surveyed in the fourth quarter of 2022 plan to use carbon credits, according to the World Economic Forum.

☆ Podcasts can help small-business owners build their brands and win new customers. Here's how.
▼ + stars: | 2023-03-28 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +8 min

Insider talked to small business owners who say brand podcasting has helped them build trust and credibility with customers. The channel is a cost-friendly way to connect with prospective customers, as well as other industry leaders. Podcasts can help you scale your businessMany small-business owners see podcasts as an important way to acquire loyal customers. Courtesy of Tania BhattacharyyaBhattacharyya added that she uses her podcast episodes to help guide prospective customers through the sales process. Bhattacharyya had a podcast episode on the subject that she was able to send her.

"It is not clear whether some citizens are alive or dead in the earthquake zone. Erdogan's AK Party has said it is committed to a free and fair election that respects the will of the people. BALLOT BOX SECURITYOpposition parties and non-governmental organisations say the exodus of more than 3 million people from the disaster zone poses extra concerns. While some 300,000 to 500,000 of them were thought to have changed addresses, many of those who had left the disaster zone had not, added Tiryaki. For Yigit, the earthquake and what he sees as the government's slow response to the disaster weighs on him as he decides how to vote.

☆ FCC cracks down on spammy text messages
▼ + stars: | 2023-03-17 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

Washington CNN —The Federal Communications Commission is cracking down on spammy text messages with new rules for telecom companies, citing a surge of consumer complaints in recent years tied to unwanted robotexts. The new rules require phone providers to block text messages from suspicious sources including phone numbers that appear to be “invalid, unallocated, or unused.” Carriers will also have to block text messages coming from phone numbers that claim not to ever send text messages, or that the government has identified as numbers not used for texting, the FCC said. But in recent years, an explosion of spam and scam text messages appears to have taken their place, leading to more than 18,000 consumer complaints at the FCC last year. The FCC is mulling additional regulations that could, among other things, apply Do Not Call registry protections to text messages for the first time. The FCC said it is also considering making it harder for marketers to use a single consumer consent to flood that user with calls and text messages from multiple sources and numbers.

"Jamie Dimon knew in 2008 that his billionaire client was a sex trafficker," attorney Mimi Liu told Manhattan U.S. District Judge Jed Rakoff at a hearing late Thursday, referring to the year Epstein was first criminally charged with sex crimes. "If Staley is a rogue employee, why isn't Jamie Dimon?" The lawyer continued: "Staley knew, Dimon knew, JPMorgan Chase knew" about Epstein's criminal conduct. Simon Dawson | Bloomberg | Getty ImagesA lawyer for JPMorgan disputed those arguments, "in particular the point about Jamie Dimon having any specific knowledge." Wexler also said, "Jamie Dimon has no recollection of reviewing the Epstein accounts."

☆ French bulldog claims title of top US purebred, dethroning Labrador retriever
▼ + stars: | 2023-03-16 | by ( Rich Mckay | ) www.reuters.com time to read: +2 min

2 spot the previous year, according to the club, which maintains the largest registry of purebred dog pedigrees in the country. They're great companions, cute and show great affection," said breeder Johnny Danley Jr., of Atlanta. But we sell to blue-collar, 9-to-5 people who want to spend a little for a great companion," Danley said. The breed's rising popularity - and price tag - has led to a surge in French bulldog thefts in recent years, according to the club. The former top dog, the even-tempered Labrador retriever, still has plenty of fans, as it slipped a notch to the No.

☆ From using multiple banks to managing VC relationships, these are the 5 lessons every founder should have learned from the Silicon Valley Bank nightmare
▼ + stars: | 2023-03-14 | by ( Julie Bort | ) www.businessinsider.com time to read: +7 min

If something happens to one bank, such as a bank run, your company won't face ruin. Silicon Valley Bank famously required such clauses as CNBC reported, for at least some of its loans. Why Silicon Valley Bank failed: SVB's management surprised the market by unveiling bad news coupled with a planned capital raise that failed, among other factors. How Silicon Valley Bank imploded: There was lots of blame to go around. More of our Silicon Valley Bank coverage can be found here.

☆ Silicon Valley is on a knife-edge after the collapse of SVB
▼ + stars: | 2023-03-12 | by ( Matt Turner | Dave Smith | ) www.businessinsider.com time to read: +5 min

With the failure of Silicon Valley Bank, we're witnessing the biggest bank collapse since the 2008 financial crisis. On the agenda today:Before we dive in: Insider's Warehouse Nation series was recognized with a Best in Business Award from the Society for Advancing Business Editing and Writing (SABEW). And up first today: Alison Brower, Insider's LA bureau chief, explains whether the Oscars still matter in Hollywood. The Slap still stings across Hollywood, and Academy Awards organizers are working hard to make sure tonight's ceremony sparkles, Insider's Alison Brower writes. Silicon Valley Bank's implosionSilicon Valley Bank employees react to the bank's collapse Getty ImagesSilicon Valley Bank had been a pillar of the startup ecosystem for four decades.

MALATYA, Turkey, March 4 (Reuters) - The Trend Garden Residence, an upscale serviced apartment building in the Turkish city of Malatya, boasted a gym, freshly-furnished rooms and a roof-top cafeteria. Erdogan, who has led Turkey since 2003, said following the disaster that building standards have improved under his watch. Among those arrested as part of the Trend Garden probe is Engin Aslan, according to the government officials. Corporate records show he is the majority owner of a Turkish company that, according to land registration documents, owns the building. A spokesperson for the Yesilyurt district municipality, where Trend Garden was located, declined to comment about the building’s registration history.

☆ Analysis: US Republicans aim to stymie gun sale codes at state level
▼ + stars: | 2023-03-03 | by ( Ross Kerber | ) www.reuters.com time to read: +6 min

"I don't want card companies to raise interest rates or fees on merchants as a way to dissuade them" from selling guns and ammunition, Owen told Reuters. Visa Inc (V.N) declined to comment on the state bills. Other payment card companies Discover, Mastercard Inc and (MA.N) American Express Co (AXP.N) did not respond to requests for comment. Owen, the Mississippi state legislator, said he expects that payment companies could address any technical issues the bills could create. "I think the credit card companies are going to have to adapt on a state-by-state basis," Owen said.

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