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☆ Grizzly bear attack in Canada's Banff National Park leaves two dead
▼ + stars: | 2023-10-01 | by ( ) www.reuters.com time to read: +1 min

A snow covered road leads up a hill at dusk in Banff National Park near Lake Louise, Alberta December 2, 2011. REUTERS/Mike Blake/File Photo Acquire Licensing RightsTORONTO, Oct 1 (Reuters) - Two people were found dead in a grizzly bear attack in Alberta's Banff National Park, Parks Canada said in a statement. The response team arrived on-site overnight where they discovered two deceased individuals. An area closure around Red Deer and Panther valleys has been implemented and will remain in place until further notice, Parks Canada said. Banff National Park, which attracts more than four million tourists every year, is home to both grizzly and black bears.

Persons: Mike Blake, Nivedita Balu, Aurora Ellis Organizations: REUTERS, Rights, Park, Parks, Parks Canada, Thomson Locations: Banff, Lake Louise , Alberta, Alberta's Banff, Parks Canada, Ya Ha, Red Deer, Toronto

☆ Move over jet skis: The new onboard gadget the ultra-rich seek for their superyachts are submersibles.
▼ + stars: | 2023-10-01 | by ( Lloyd Lee | Hannah Getahun | ) www.businessinsider.com time to read: +4 min

Now, the world's .01% are seeking submersible vessels to accessorize their latest superyacht purchase, The Washington Post reports. "Yacht owners are, by and large, people who have an interest in the ocean," Patrick Lahey, founder of Triton Submersibles, previously told Insider. The disaster may have sparked more interest in extreme adventures from the wealthy, Phillippe Brown, founder of Brown and Hudson travel company, previously told Insider. Valery Hache/AFP via Getty ImagesAt Triton Submersibles, a vessel can cost between $2.5 million and $7 million, Insider reported. AdvertisementAdvertisement"Even after a thousand dives, it never stops being exciting," Charles Kohnen, co-founder of SEAmagine, told the Times.

Persons: —, Ofer Ketter, Jeff Bezos, Patrick Lahey, Triton Submersibles, Phillippe Brown, Brown, Valery Hache, Ian Sheard, Charles Kohnen, SEAmagine Organizations: Service, Washington Post, New York Times, Amazon, International Monaco, Getty, Times Locations: Hudson, AFP, Aurora

☆ Brazil's Lula Leaves Hospital After Hip Surgery
▼ + stars: | 2023-10-01 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

BRASILIA (Reuters) - Brazilian President Luiz Inacio Lula da Silva left hospital on Sunday two days after hip surgery and will spend three weeks recovering at the Alvorada presidential residence, his office and doctors said. Lula underwent surgery at the Sirio-Libanes Hospital on Friday for arthrosis of the right hip caused by the extremely painful wear and tear of the cartilage on the head of the femur. His doctors had expected him to remain in the hospital until Tuesday, but he began to walk on Saturday in physiotherapy sessions. The hospital reported he had walked up and down stairs on Sunday. The arthroplasty, carried out under general anesthetic, involved removing the head of the femur to implant a prosthesis.

Persons: Luiz Inacio Lula da Silva, Lula, Giancarlo Polesello, Anthony Boadle, Aurora Ellis Organizations: Reuters, Libanes, United Locations: BRASILIA, United Arab Emirates, Alvorada

Tesla has failed to investigate complaints of racist conduct and has fired or otherwise retaliated against workers who reported harassment, the EEOC said in the lawsuit. The lawsuit adds federal charges to discrimination claims by the state of California and lawsuits by Tesla employees. It follows the breakdown of settlement talks with the EEOC after Tesla announced that the agency had formally raised its concerns last year. The department alleges that Tesla discriminated against Black workers when making decisions about pay, promotions and work assignments. Tesla is also facing a class action lawsuit in California state court over the alleged mistreatment of Black factory workers.

Persons: Tesla, Charlotte Burrows, Stephen Lam, Burrows, ”, Owen Diaz, Diaz, Black, Daniel Wiessner, Leslie Adler, Daniel Wallis, Alexia Garamfalvi, Aurora Ellis Organizations: Tesla, U.S, Tesla Inc, Opportunity Commission, Motorists, REUTERS, California Civil Rights Department, Thomson Locations: Fremont , California, U.S, California, Fremont, Black, Albany , New York

REUTERS/Arnd Wiegmann//File Photo Acquire Licensing RightsSept 28 (Reuters) - A New York state judge on Thursday rejected a bid by Uber Technologies Inc (UBER.N), DoorDash Inc and Grubhub Inc to block New York City's novel law setting a minimum wage for app-based delivery workers. The law will require companies to pay delivery workers $17.96 an hour, which will rise to nearly $20 in April 2025. App-based delivery workers are usually treated as independent contractors rather than company employees, so general minimum wage laws do not apply to them. They say city officials based the minimum wage law based on flawed studies and statistics. The companies allege the city's surveys of delivery workers were biased and designed to elicit responses that would justify a minimum wage.

Persons: Arnd, Nicholas Moyne, Moyne, Uber, Daniel Wiessner, Chris Reese, Aurora Ellis Organizations: REUTERS, Uber Technologies, DoorDash Inc, Grubhub Inc, New York, Companies, New York City Department of Consumer and Worker, Thomson Locations: Davos, Switzerland, York, Moyne, United States, Albany , New York

☆ Sony gaming chief Jim Ryan to retire, group president to be interim head
▼ + stars: | 2023-09-27 | by ( Sam Nussey | ) www.reuters.com time to read: +1 min

Inside a GameStop store Sony PS5 gaming consoles are pictured in the Manhattan borough of New York City, New York, U.S., November 12, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsCompanies Sony Group Corp FollowTOKYO, Sept 28 (Reuters) - Sony Group (6758.T) said on Thursday its gaming chief Jim Ryan would retire next March, with group President Hiroki Totoki to become interim CEO during the search for a successor. Ryan, who is British, become CEO of Sony Interactive Entertainment (SIE) in 2019 and oversaw initiatives including the launch of the PlayStation 5 console the following year. "Jim no longer wants to manage the tradeoff between having a job in the U.S. and a home in the UK," SIE said in a statement. Reporting by Sam Nussey; Editing by Jamie Freed and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlo Allegri, Jim Ryan, Hiroki Totoki, Ryan, Jim, SIE, Sam Nussey, Jamie Freed, Aurora Ellis Organizations: GameStop, Sony, REUTERS, Sony Group Corp, Sony Group, Sony Interactive Entertainment, PlayStation, Thomson Locations: Manhattan, New York City , New York, U.S

In volatile trading, the U.S.-listed shares of several cannabis firms rose immediately after the Senate vote. Investors expected it to exit the banking committee. An earlier version of the bill, the SAFE Banking Act, had failed to secure a Senate vote despite being passed seven times by the U.S House of Representatives. As a result, legal cannabis companies are denied access to financial services. To get it through the Senate banking committee is a major achievement," Boris Jordan, billionaire founder of Curaleaf Holdings, said in an interview.

Persons: Chris Wattie, Jesse Redmond, Redmond, We've, it's, Boris Jordan, Jordan, Chibuike Oguh, Suzanne McGee, Michelle Price, Lance Tupper, Bill Berkrot Organizations: Canopy Growth Corporation, REUTERS, U.S, U.S . Senate, Aurora, Cronos, SNDL Inc, Curaleaf Holdings, Tilray, Cannabis ETF, Cannabis, Tower Research, Investors, SAFE, Thomson Locations: Smiths Falls , Ontario, Canada, U.S, New York, Bengaluru

☆ Shopify invests in wholesale platform Faire
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Chris Wattie/File Photo Acquire Licensing RightsLONDON, Sept 27 (Reuters) - E-commerce giant Shopify (SHOP.TO) is investing in wholesale platform Faire, the companies said on Wednesday, in a global deal that would see the start-up adopt Shopify technology for its clients. Faire, founded in 2017 and valued at $12.59 billion, would become the recommended wholesale marketplace for Shopify merchants. Shopify's director of product Aneeqa Khan said the partnership would make it easy for Shopify merchants to find wholesale buyers, and enable retailers to source from Faire's network of brands. Faire said the most popular search filter on its platform is "Not on Amazon", as retailers look to source less widely available products. For Shopify, which sells tools to create and manage online store-fronts, this is the latest in a series of deals.

Persons: Chris Wattie, Shopify, Aneeqa Khan, Max Rhodes, Rhodes, Helen Reid Organizations: REUTERS, New York Stock Exchange, aURORA, Thomson Locations: Ottawa , Ontario, Canada, United States, Europe

Abortion rights protesters gather for a rally in Columbus, Ohio, after the United States Supreme Court ruled in the Dobbs v Women's Health Organization abortion case, overturning the landmark Roe v Wade abortion decision, June 24, 2022. The law took effect after the U.S. Supreme Court last year overturned its landmark Roe v. Wade ruling that had guaranteed abortion rights nationwide. Ohio Solicitor General Benjamin Flowers at arguments on Wednesday asked the Supreme Court of Ohio to reverse a preliminary order blocking the law. Jessie Hill, a lawyer for abortion providers challenging the law, said that "longstanding, well-established rules" in Ohio bar the state from appealing preliminary orders before final judgment. Ohioans will vote in November on a referendum that would explicitly add a right to abortion to the state constitution.

Persons: Wade, Megan Jelinger, Mike DeWine, Benjamin Flowers, Flowers, Jessie Hill, Hill, Ohioans, Brendan Pierson, Alexia Garamfalvi, Aurora Ellis Organizations: United States Supreme, Women's Health Organization, REUTERS, Wednesday, Ohio Supreme, Republican, U.S, Supreme, Voters, Thomson Locations: Columbus , Ohio, Dobbs, Ohio, Cincinnati, New York

☆ Saint Laurent elevates the jumpsuit at Paris Fashion Week
▼ + stars: | 2023-09-26 | by ( Mimosa Spencer | ) www.reuters.com time to read: +1 min

[1/5] Models present creations by designer Anthony Vaccarello as part of his Spring/Summer 2024 Women's ready-to-wear collection show for fashion house Saint Laurent during Paris Fashion Week in Paris, France, September 26, 2023. Sunglasses, aviation hats and natural leather belts completed the looks, which came mostly in autumn tones of beige, olive, purple and a rusty brown. The show closed the second day of Paris Fashion Week, which has drawn fashion crowds and celebrity fans to the French capital. The catwalk shows run until Oct. 3, and feature dozens of luxury labels including Hermes, Chanel and Louis Vuitton. Reporting by Mimosa Spencer; Editing by Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Anthony Vaccarello, Saint, Johanna Geron, Saint Laurent, Hermes, Chanel, Louis Vuitton, Mimosa Spencer, Aurora Ellis Organizations: Paris, REUTERS, Rights, Paris Fashion, Thomson Locations: Paris, France, Seine

☆ China's e-commerce discount race to the bottom puts incumbents under pressure
▼ + stars: | 2023-09-26 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +6 min

REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsSHANGHAI, Sept 26 (Reuters) - Discount e-commerce is set to dominate globally during the critical upcoming holiday shopping season in the West and Singles’ Day in China, analysts said. Platforms in China, the world’s largest e-commerce market, have recently described a “value-for-money battle” stoked by economic insecurity and a slower-than-expected retail recovery following the lifting of COVID-19 curbs late last year. “There was a clear vacuum for the discount retailer online experience ... Across the world, executives are now focusing on price pressures as discount online retailers gain increasing market share. In the West, the inflation driven consumer wants something cheaper because they're going through a moment of financial insecurity,” Ho said.

Persons: Florence Lo, ”, thrall, Sharon Gai, ” Humphrey Ho, Rui Ma, Trudy Dai, Alibaba, ” Ho, Casey Hall, Vanessa O'Connell, Aurora Ellis Organizations: PDD Holdings, REUTERS, Rights, West, Deal, Hylink, Amazon ., Tmall, Thomson Locations: China, Southeast Asia, North America, Europe, United States, Douyin, Canada, Australia, America, U.S, Amazon, Amazon . Indonesia

Here's what you need to know about McClain's death and the trial in state court:HOW DID ELIJAH McCLAIN DIE? A Colorado prosecutor initially decided against prosecuting McClain’s death largely because the coroner’s office could not determine exactly how he died. Roedema, a former Marine who is currently suspended without pay, had been with the department for five years before McClain’s death. The two officers have not talked publicly about McClain’s death and it’s unknown if they’ll take the stand to testify. Their lawyers told jurors that the officers' actions followed police policies and weren’t responsible for McClain’s death.

Persons: Elijah McClain’s, George Floyd, McClain, he's, ELIJAH McCLAIN, Nathan Woodyard, Woodyard, McClain’s, Jared Polis, Randy Roedema, Jason Rosenblatt —, Rosenblatt, they’ll, They’ve, Stephen Cina, “, ”, Reid Elkus, who’s, They’re, Cina, David Beuther, Beuther, Jeremy Cooper, Peter Cichuniec, Cooper, Cichuniec, Roedema, Mark Warner, ___ Brown Organizations: DENVER, Minneapolis, Paramedics, Democratic, African Locations: Denver, Aurora, Colorado, Billings, Mont

Pipes for the Nord Stream 2 gas pipeline in the Baltic Sea, which are not used, are seen in the harbour of Mukran, Germany, on September 30, 2022. Before Russia's invasion of Ukraine, the Nord Stream 1 pipeline had accounted for 15% of Europe's gas imports in 2021, according to the Oxford Institute for Energy Studies. A second Nord Stream 2 link was planned but never operated. "Our biggest risk was that Russia can manipulate our energy markets," EU Energy Commissioner Kadri Simson told Reuters. Across the EU, gas storage caverns are now 95% full, Gas Infrastructure Europe data show.

Persons: Pipes, Fabian Bimmer, Kadri Simson, SEB, Ole Hvalbye, Tom Marzec, Wood Mackenzie, Gergely Molnar, Jacob Mandel, Kate Abnett, Julia Payne, Nora Buli, Barbara Lewis Organizations: REUTERS, Oxford Institute for Energy Studies, Reuters Graphics, EU Energy, Reuters, EU, SEB Commodities, Gas Infrastructure, International Energy Agency, Aurora Energy Research, Thomson Locations: Baltic, Mukran, Germany, Russia, BRUSSELS, OSLO, Europe, Ukraine, RUSSIA, Norway, United States, Russian, Greece, Poland, Finland, Italy, Netherlands, France, Reuters Graphics Germany, Belgium, Britain, Portugal, Spain, Paris, Brussels, Oslo

People walk by the Federal Reserve Bank of New York in the financial district of New York City, U.S., June 14, 2023. REUTERS/Shannon Stapleton//File Photo Acquire Licensing RightsCompanies Federal Reserve Bank of New York FollowNEW YORK, Sept 25 (Reuters) - A judge on Monday dismissed a lawsuit accusing the Federal Reserve Bank of New York of illegally firing two longtime employees who claimed religious objections in refusing to be vaccinated against COVID-19. The New York Fed began requiring COVID-19 vaccines for all employees in August 2021. The New York Fed declined to comment. The case is Gardner-Alfred et al v Federal Reserve Bank of New York, U.S. District Court, Southern District of New York, No.

Persons: Shannon Stapleton, District Judge Lewis Liman, Lori Gardner, Alfred, Jeanette Diaz, Gardner, Diaz, Liman, John Balestriere, Alfred et, Jonathan Stempel, Aurora Ellis Organizations: Federal Reserve Bank of New, REUTERS, Federal Reserve Bank of New York, COVID, U.S, District, New York Fed, Catholic, New, Fed, Court, Southern District of, Thomson Locations: Federal Reserve Bank of New York, New York City, U.S, Manhattan, Bronx , New York, Bayonne , New Jersey, New York, COVID, Southern District, Southern District of New York

☆ ‘Monster Fracks’ Are Getting Far Bigger. And Far Thirstier.
▼ + stars: | 2023-09-25 | by ( Hiroko Tabuchi | Blacki Migliozzi | ) www.nytimes.com time to read: +23 min

Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San Antonio TEXAS TEXAS Amarillo Lubbock Dallas El Paso TEXAS Austin Houston San Antonio Corpus Christi UNCHARTED WATERS ‘Monster Fracks’ Are Getting Far Bigger. Water wells that supply fracking Nationwide, fracking has used up nearly 1.5 trillion gallons of water since 2011. Now they account for almost two out of every three fracking wells in Texas, the Times analysis found. ‘Monster fracks’ take off in Texas Proportion of fracks Source: FracFocus chemical disclosure database as of Aug. 1, 2023. In 2020, New Mexico halted sales of water supplies to oil and gas companies fracking on state land.

☆ California governor vetoes bill banning robotrucks without safety drivers
▼ + stars: | 2023-09-23 | by ( Abhirup Roy | ) www.reuters.com time to read: +3 min

A veto by the governor can still be overturned if the legislature chooses to vote in favor of the bill with a two-thirds majority in each house. While many states, including Texas and Arkansas, have allowed the testing and operation of self-driving trucks, California - home to Alphabet (GOOGL.O), Apple (AAPL.O) and some of the most cutting-edge tech startups - bars autonomous trucks weighing more than 10,001 pounds. Developing autonomous technology has proved harder and more expensive than expected, leading to job cuts and even companies shutting shop. But labor unions led by the International Brotherhood of Teamsters have been calling for Governor Newsom to sign the bill, saying autonomous trucks - some of which weigh over 80,000 pounds - were unsafe and would lead to job losses. Governor Newsom in his veto message said any regulations framed by the department of motor vehicles would be transparent, with inputs from stakeholders and experts to ensure safety.

Persons: Tina Bellon, Gavin Newsom, Bill, Newsom, Abhirup Roy, Jan Harvey Organizations: REUTERS, FRANCISCO, U.S, Apple, Reuters, Daimler, Kodiak Robotics, International Brotherhood of Teamsters, Thomson Locations: Palmer, Dallas , Texas, U.S, California, Texas, Arkansas, Aurora, Southern California, San Francisco

The forecasts seem at odds as higher rates raise the credit costs that can crimp the economy. MSCI's U.S.-centric gauge of global equity performance and stocks on Wall Street bounced back while Treasury yields, which move inversely to price, retreated. Yields on two- and 10-year notes remained inverted at -68.3 basis points as the shorter-dated note yields more than the longer one. MSCI's all-world country index for stocks (.MIWD00000PUS) gained 0.14%, but the pan-European STOXX 600 index (.STOXX) closed down 0.31%. Oil prices rose as renewed global supply concerns from Russia's fuel export ban countered demand fears driven by macroeconomic headwinds and higher interest rates.

Persons: Brendan McDermid, Marvin Loh, Joe LaVorgna, SMBC, Brent, Craig Ebert, Huw Jones, Tom Westbrook, Marguerita Choy, Rashmi Aich, Aurora Ellis Organizations: New York Stock Exchange, REUTERS, Bank, Japan, Treasury, Federal, Fed, U.S, SMBC Nikko Securities America, Dow Jones, Nasdaq, Bank of, Japan's Nikkei, Investors, Bank of England, Swiss, Swiss National Bank, JPMorgan, Thomson Locations: New York City, U.S, Boston, New York, Asia, Japan, China, Sweden, Norway, BNZ, Wellington

☆ First the bubbly, then the layoffs. Inside Better's latest round of job cuts.
▼ + stars: | 2023-09-22 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +4 min

(Excluding Aurora's stock price, shares of the Nasdaq-listed Better Home & Finance are down more than 59% from the opening day.) In an emailed statement, Schaefer said that the company plans to replace at least some of the laid-off employees. Employees were given 30 days of pay, and up to three months of company-provided COBRA coverage, according to two laid-off employees. The mortgage industry has been hit hard by rising rates, leading to revenue declines and layoffs across the industry. Both former employees told Insider that they were optimistic that the cash infusion might offer some relief after a year of what felt like constant layoffs.

Persons: Vishal Garg, Kevin Ryan, Jessica Schaefer, Schaefer, Jay Powell, Garg, Slack Organizations: Staff, Aurora Acquisition Corp, Aurora, Nasdaq, Finance, Employees Locations: India

☆ Hollywood workers resort to flea markets, bake sales as strikes drag on
▼ + stars: | 2023-09-21 | by ( Lisa Richwine | ) www.reuters.com time to read: +6 min

[1/2] SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line outside Disney Studios in Burbank, California, U.S., July 25, 2023. Hollywood writers walked off the job in May, followed by actors in July. The motion picture and sound recording industries shed 17,000 jobs in August because of the strikes, according to U.S. government statistics. Writers and actors can apply for assistance from their unions, and some crew members are eligible for state unemployment benefits. In the meantime, stars including George Clooney, Dwayne Johnson and Meryl Streep have donated millions to Hollywood charities that assist industry workers.

Persons: Mike Blake, IATSE, Dejon Ellis, Kevin Klowden, Daniel Fox, Fox, Laura Seaman, Berry, Greg S, Tiffany Puterbaugh, Puterbaugh, I've, Gavin Newsom, George Clooney, Dwayne Johnson, Meryl Streep, Ellis, We're, it's, John Lithgow, Nicole Kidman, Andrea Tyler, Tyler, Lisa Richwine, Mary Milliken, Aurora Ellis Organizations: Writers Guild of America, Disney Studios, REUTERS, Rights, IATSE, Milken Institute, Star Wars, Hollywood, SAG, Netflix, Thomson Locations: Burbank , California, U.S, Rights BURBANK , California, Los Angeles, Hollywood, California, Georgia, New Mexico

The number of migrants caught crossing illegally or presenting themselves at legal border crossings has steadily risen after dropping in mid-May when the U.S. rolled out stricter new asylum rules. The increase has strained U.S. cities at the border and further north. Republicans blame Biden for reversing hardline immigration policies of Republican former President Donald Trump, the frontrunner for his party's nomination. To reduce illegal crossings, the Biden administration rolled out a new regulation in May that requires migrants to schedule an appointment to enter at a legal border crossing or face a higher standard for asylum. The administration also has opened other legal ways for migrants to enter the U.S. from abroad.

Persons: Douglas, David, Leon, Luis, Adrees Latif, Andres Manuel Lopez Obrador, Joe Biden, Biden, Donald Trump, Daina Solomon, Ted Hesson, Mica Rosenberg, Aurora Ellis, Daniel Wallis Organizations: REUTERS, U.S . Customs, Border Protection, Democrat, Republican, Wednesday, Democratic, Thomson Locations: Venezuela, Rio Grande, United States, Mexico, Eagle Pass , Texas, U.S, MEXICO, Washington, Mexico City

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Sept 19 (Reuters) - The deceptive use of artificial intelligence should be a priority for the Federal Trade Commission (FTC), three commissioner nominees said at a confirmation hearing Tuesday in show of bipartisanship on the popular issue. Ferguson was chief counsel to U.S. Senate Republican Leader Mitch McConnell from 2019 until 2021. Asked by Senator John Thune about the FTC's role in enforcing rules involving artificial intelligence, Slaughter said it was the FTC's job to pursue instances where laws against unfair and deceptive acts and practices were broken, whether or not artificial intelligence was used. A previous Republican FTC commissioner, Christine Wilson, quit this year and sharply criticized agency leadership.

Persons: Dado Ruvic, Rebecca Slaughter, Andrew Ferguson, Melissa Holyoak, Ferguson, Mitch McConnell, John Thune, Slaughter, Holyoak, Christine Wilson, Lina Khan, Diane Bartz, Aurora Ellis Organizations: REUTERS, Rights, Federal Trade Commission, Democrat, Senate Republican, Republican, Senate, FTC, Democratic, Thomson Locations: Virginia, Utah

☆ Stocks waver, short-end U.S. yields rise after hawkish Fed statement
▼ + stars: | 2023-09-20 | by ( Herbert Lash | ) www.reuters.com time to read: +5 min

"They're talking about higher rates for longer, but it's really the economy that matters. MSCI's U.S.-centric gauge of stocks across the globe (.MIWD00000PUS) fell 0.25% as stocks on Wall Street mostly slid. "Right now the message is we're going to leave rates higher for longer to make sure we slay the inflation dragon. Sterling came under pressure after data showed Britain's high inflation rate fell unexpectedly in August, prompting speculation that the Bank of England could pause its historic run of interest rate hikes as soon as Thursday. The dollar index rose 0.076%, with the euro down 0.02% to $1.0675.

Persons: Brendan McDermid, Jerome Powell, Powell, Gennadiy Goldberg, it's, Anthony Saglimbene, Sterling, Brent, Herbert Lash, Dhara Ranasinghe, Samuel Indyk, Tom Westbrook, Toby Chopra, Chizu Nomiyama, Sharon Singleton, Aurora Ellis Organizations: New York Stock Exchange, REUTERS, Global, Federal Reserve, Market, Fed, TD Securities, Dow Jones, Nasdaq, Japan's Nikkei, Bank of England, Bank of, U.S, West Texas, Thomson Locations: New York City, U.S, New York, MSCI's U.S, Troy , Michigan, Europe, Asia, Pacific, Japan, Sweden, Switzerland, Norway, Britain, London, Singapore

This first trial involves city of Aurora police officer Randy Roedema and former officer Jason Rosenblatt, who are both charged with manslaughter, criminally negligent homicide and other charges. Local prosecutors at first declined to press charges in McClain's death. Aurora police officer Nathan Woodyard, who is accused of putting McClain in a chokehold, will stand trial alone on the same charges in October. Two paramedics who injected McClain with ketamine are scheduled for a joint trial on the same charges in November. The other two officers and the paramedics have been suspended without pay pending the outcome of the trial.

Persons: Randy Roedema, Elijah McClain, McClain, Jason Rosenblatt, George Floyd, Colorado's, Nathan Woodyard, Rosenblatt, Brad Brooks, Donna Bryson, Chris Reese, Daniel Wallis Organizations: Aurora, Adams County Justice Center, Colorado, Local, Aurora's, Thomson Locations: Brighton , Colorado, BRIGHTON , Colorado, Denver, Aurora, Minneapolis, Colorado

A third officer and two paramedics facing charges in McClain's death are scheduled for trial later this year. Charges were not brought for two years after McClain's death, by which time the case along with others had sparked outrage and a national reckoning over racial injustice in American policing. The indictments followed an outcry over McClain’s death during protests ignited by the police killing of George Floyd. He called McClain’s death “tragic,” but said that finding made it hard to prove that the officers’ actions caused his death. Cina said he couldn’t rule out whether the stress of being held down by the officers may have contributed to McClain’s death.

Persons: Black, Elijah McClain, Randy Roedema, Jason Rosenblatt, McClain, Rosenblatt, ” McClain, Nathan Woodyard, Rosenblatt . McClain, Woodyard, George Floyd, McClain’s, “, ”, Dave Young, Stephen Cina, ” Cina, Cina Organizations: BRIGHTON, — Prosecutors, Roedema, Paramedics Locations: Colo, Denver, Aurora, Minneapolis

☆ Disney to nearly double parks spending to $60 billion over 10 years
▼ + stars: | 2023-09-19 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +3 min

Sept 19 (Reuters) - Walt Disney (DIS.N) said on Tuesday it would nearly double its capital expenditure for its parks business to about $60 billion over the next 10 years. Disney CEO Bob Iger and Josh D'Amaro, the company's parks chief, announced the accelerated pace of investment at a gathering of Wall Street analysts and investors at Walt Disney World Resort in Orlando, Florida, focused on the company's parks business. Parks have become a reliable profit engine for Disney and has helped cushion losses in the Disney+ streaming business, which is expected to become profitable only next year. The announcement of the planned investment followed a slowdown at Walt Disney World in Orlando, as attendance surges at its parks around the world, particularly Shanghai Disney Resort and Hong Kong Disneyland. Disney also plans to nearly double the capacity of its cruise line, adding two ships in fiscal 2025 and another in 2026.

Persons: Walt Disney, Bob Iger, Josh D'Amaro, Parks, Iger, Disney, Ron DeSantis, Mario Anzuoni, Paul Verna, Thomas Hayes, Samrhitha, Dawn Chmielewski, Shailesh Kuber, Chizu Nomiyama, Paul Simao, Aurora Ellis Organizations: Disney, Wall Street, Walt Disney World, Disney California, Hollywood Studios, Republican, REUTERS, Insider Intelligence, Walt Disney, Shanghai Disney Resort, Great, Thomson Locations: Orlando , Florida, California, Orlando, Florida, Anaheim , California, U.S, Shanghai, Hong Kong, Great Hill, Bengaluru, Dawn, Los Angeles

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