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☆ Turkey is stopping oil not under Russian sanctions, raising global energy market supply concerns
▼ + stars: | 2022-12-08 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

Cargo ships and vessels transit the Bosphorus Strait, a body of water connecting the Black Sea to the Marmara and Mediterranean Seas through Istanbul, Turkey. Above, the Russia-flagged vessel Volga River Taganrog oil tanker passes south through the Bosphorus Straits in October 2022. "It appears that all but one of the roughly twenty loaded crude tankers waiting to cross the straits are carrying Kazakh-origin oil," a price cap official told CNBC. If delays mount, refiners will seek alternative supplies from other countries or they will reduce operating capacity because they don't have enough oil, which impacts the supply of gasoline and diesel, said Andrew Lipow, president of Lipow Oil Associates. "If this continues for another week we will begin to see an impact on the oil market," Lipow said.

☆ Florida deputy killed after officer roommate 'jokingly' fires gun he thought was unloaded, officials say
▼ + stars: | 2022-12-05 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A 23-year-old Florida sheriff’s deputy was fatally shot by his fellow deputy roommate over the weekend, in what the sheriff described as a “clearly dumb and avoidable accident.”Brevard County Sheriff’s Office deputy Austin Walsh was killed Saturday morning in Palm Bay by his roommate Andrew Lawson, Sheriff Wayne Ivey said in a Sunday news conference. A single bullet was fired, struck Walsh, and killed him, officials said. Brevard County Sheriff's OfficeLawson immediately called 911 saying he accidentally shot his roommate and needed help, Ivey said. NBC News has reached out to the Florida Department of Law Enforcement for comment. Walsh had served with the agency since he was 18 and was part of its Explorers youth program before that, according to the Brevard County Sheriff's Office Facebook page.

Broadway actor Quentin Lee passed away from colon cancer on Tuesday morning. Lee is most known for his portrayal of the phantom in Andrew Lloyd Webber's The Phantom of the Opera. "The Phantom family is saddened to hear of the passing of Quentin Oliver Lee," the broadway production captioned a picture of Lee on Instagram. Lee announced that he had stage 4 colon cancer on his Instagram account in June. In addition to his wife, Lee is survived by his daughter, Samantha.

☆ 'The Phantom of the Opera' extends Broadway run due to demand
▼ + stars: | 2022-11-29 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

The Broadway musical “The Phantom of the Opera” announced in September that it would be closing in February because of declining ticket sales, but plans have changed. On Tuesday, the show’s producer, Cameron Mackintosh, announced the show will now run until April 16. An unexpected bolster in sales, as well as a busy Thanksgiving week, helped the longest-running show in Broadway history earn $2.2 million in sales last week, according to The New York Times. “We’ve sold out virtually everything that we have on sale.”The musical will celebrate its 35th anniversary in January. With music by famed composer Andrew Lloyd Webber, “Phantom” features a masked music lover who haunts the Paris Opera House.

☆ Criteo has bet big that e-commerce ads will contribute to $1 billion in revenue by 2025. But a new crop of startups are also coming for those dollars.
▼ + stars: | 2022-11-25 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +7 min

Adtech firm Criteo is battling for retailers' ad businesses with new competitors like CitrusAd. E-commerce advertising is driving much of Criteo's growth, with the firm hoping to hit $1 billion in revenue from retail media by 2025. Criteo's technology has moved beyond search ads to include display ads and ads that appear off the retailer's site. Not all retailers outsource their ad businesses, creating more competition with CriteoCriteo also faces competition from retailers themselves. Some retailers don't want Criteo or CitrusAd managing their ad businesses and license technology to build ad businesses that they manage themselves.

☆ How Cyber Monday surpassed Black Friday to become the biggest shopping event of the holiday season
▼ + stars: | 2022-11-22 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Cyber Monday is the biggest holiday-shopping day of the year by sales, outpacing even Black Friday. But the shopping holiday wouldn't have been what it is today without retailers eager to make it a success. That year, shop.org, NRF's online arm, issued a press release in November declaring: "'Cyber Monday' Quickly Becoming One of the Biggest Online Shopping Days of the Year." "This year, online retailers will be capitalizing on the increased traffic by offering special promotions and discounts." In five years, it had gone from obscurity to the highest-grossing shopping day of the holiday season.

☆ Only a handful of psychedelics companies have gotten funding from established biotech investors. Here's what they've done right, according to a top VC.
▼ + stars: | 2022-11-22 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +4 min

RA Capital is one of the few mainstream biotech VCs wading into the psychedelics space. The number of companies touting the benefits of psychedelics for healthcare is rapidly growing, but not all biotech investors are on board yet. Last year RA Capital made two investments into the psychedelics spaceIn 2021, RA made its first investments into the psychedelics space by funding two startups: GH Research and Delix Therapeutics. Dublin, Ireland-based GH Research is one of the only psychedelics companies to have garnered a flurry of interest from mainstream healthcare investors including RA Capital, RTW Investments, and BVF Partners. Lusaris' treatment is designed to be taken sublingually — placed under the tongue — for treatment-resistant depression.

☆ 'The Walking Dead' series finale review: Episode 24 of the extended 11th season finally comes to an end, after biting off more than it could chew (SPOILERS)
▼ + stars: | 2022-11-21 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +4 min

Editor’s Note: The following contains spoilers about “The Walking Dead” series finale, “Rest in Peace,” which premiered November 20. CNN —Forgive AMC, at least a little bit, for almost drunkenly celebrating “The Walking Dead” in its heyday by feeding audiences as much content related to the zombie drama as they possibly could. In its early seasons, “The Walking Dead” excelled in part because of its unpredictability, as the montage of characters who had died reminded the audience. Those plans later morphed into a limited series, but the sense that “The Walking Dead” was no longer the priority in AMC’s “Dead” universe had been pretty well cemented. Television is always hungry for another hit, and at its height “The Walking Dead” was the TV equivalent of a supernova.

☆ Meet Prenuvo, a company that says its whole-body MRI scan can detect the earliest stages of disease. Experts say it could do more harm than good.
▼ + stars: | 2022-11-18 | by ( Sarah Braner | ) www.businessinsider.com time to read: +8 min

Prenuvo, a company offering preventive MRI scans, raised a $70 million Series A in October. Some say healthy people probably don't need whole-body scans, which can lead to risky procedures. On October 18, the company, based in Vancouver, British Columbia, said it had raised a $70 million Series A to provide whole-body MRI scans to consumers. The website says the scans are performed by MRI technologists and analyzed by radiologists trained to read Prenuvo scans. PrenuvoWhole-body MRI scans aren't accessible for everyoneSafavi said whole-body MRI scans have been available for more than two decades for people curious about what might be in their bodies undetected.

Over recent years, NATO allies and Russia have scaled up military exercises in the region; Chinese and Russian warships conducted a joint exercise in the Bering Sea in September. Four Arctic experts say it would take the West at least 10 years to catch up with Russia's military in the region, if it chose to do so. "NATO is increasing its presence in the Arctic with more modern capabilities," NATO chief Jens Stoltenberg told Reuters. Now NATO and Arctic allies are changing their stance. Sweden and Finland have begun investing in surveillance and deterrence capabilities and military hardware including jets so their air forces can fight alongside Arctic NATO allies.

☆ How OneSchema, a Y Combinator-backed data-importing startup, raised $6.3 million from Sequoia and General Catalyst without a pitch deck
▼ + stars: | 2022-11-16 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +3 min

Here's how OneSchema raised $6.3 million from General Catalyst and Sequoia without a pitch deck. Luo's experience inspired him to start OneSchema alongside his cofounder, Christina Gilbert, to try to streamline the data-importing process for companies. The startup recently raised a $6.3 million seed round led by General Catalyst with participation from Sequoia Capital, Y Combinator, Elad Gil, and Contrary Capital. Because of inbound investor interest, OneSchema was able to raise its seed round without a pitch deck, Gilbert told Insider. A decade ago, many might have argued that OneSchema's focus would someday become obsolete because of the development of automated methods to transfer data, Gilbert told Insider.

[1/3] Former U.S. President Donald Trump speaks outside a polling station during midterm election in Palm Beach, Florida, U.S. November 8, 2022. REUTERS/Ricardo ArduengoNEW YORK, Nov 14 (Reuters) - A U.S. judge on Monday dismissed a lawsuit by Donald Trump's former lawyer and fixer Michael Cohen accusing Trump, former Attorney General William Barr and others of abruptly returning him to prison in retaliation for writing a tell-all memoir. Authorities returned Cohen to prison amid a dispute over whether he could speak with the media about his forthcoming book while under home confinement. His book "Disloyal: A Memoir" topped the New York Times' hardcover nonfiction bestseller list in September 2020. Reporting by Jonathan Stempel in New York; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Michael Cohen blasts ruling tossing his lawsuit alleging Trump weaponized the Justice Department to lock him up as he weighs appeal
▼ + stars: | 2022-11-15 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

A judge dismissed Michael Cohen's lawsuit against Donald Trump and the DOJ for locking him up. Cohen, once a fixer and personal lawyer for Trump, as well as an executive at the Trump Organization, has turned into a fiery Trump critic. "President Donald J. Trump will continue to fight for the truth and against innumerable falsehoods being perpetrated by his enemies." Cohen followed up the book in question, "Disloyal," in October with the book "Revenge: How Donald Trump Weaponized the US Department of Justice Against His Critics." Michael Cohen, former personal attorney for U.S. President Donald Trump, exits the Loews Regency hotel and walks toward a taxi cab, July 27, 2018 in New York City.

☆ Complexity for Marketers Has Meant Opportunity for Ad Agencies
▼ + stars: | 2022-11-14 | by ( Megan Graham | ) www.wsj.com time to read: +7 min

Their performance is striking compared with ad agencies’ plight five years ago: Facebook and Google had established direct relationships with marketers and were winning growing portions of their ad budgets before agencies could even offer their services. Newsletter Sign-up WSJ | CMO Today CMO Today delivers the most important news of the day for media and marketing professionals. PREVIEWSome major owners of ad agencies watched their growth slow or flatten in 2017 and 2018. Agency companies have responded by building practices to help marketers on platforms like TikTok and Amazon. Marketers navigate outside partnersSome major marketers still want to keep a close handle on some of their data efforts.

That ruling, widely known as “Chevron deference,” directs judges to defer to agencies’ interpretation of laws that may be ambiguous. The companies sued the federal government in 2020 over the monitors, who ensure the boats are complying with federal fishing laws. The precedent has been viewed with increasing skepticism in recent years, especially among conservatives, including Supreme Court Justice Neil Gorsuch. v. Gina Raimondo et al., United States Supreme Court, case No. For the fishing companies: Paul Clement, Andrew Lawrence and Chadwick Harper of Clement & MurphyFor the government: Counsel information not immediately availableOur Standards: The Thomson Reuters Trust Principles.

☆ GOP Insider readers: Dump Trump!
▼ + stars: | 2022-11-11 | by ( Kayla Gallagher | ) www.businessinsider.com time to read: +26 min

Insider asked its Republican readers to send in their thoughts on Donald Trump following the GOP's dismal midterm performance. Subscribers to Insider's newsletter were asked two questions: Do you agree with the GOP insiders who blame Trump? Andrew Lichtenstein/Corbis via Getty Image— Joe S.I don't blame Trump per se. Olivier Douliery/AFP via Getty Images— Julia T.I think Trump, DeSantis AND the GOP are EXTREMELY dangerous for our Democracy. The Republican Party needs to get away from the extremists in the party or the Republican Party will no longer exist.

Banks and corporations use the market to manage interest rate risks and traders depend on it as reference for pricing other assets. To make a swap, market participants turn to a dealer or bank to facilitate the deal. DRAINEDPart of the issue is a lack of bond market supply. Last week, the RBA's head of domestic markets, Jonathan Kearns, noted the swaps market dysfunction. Nor are other swap markets globally seeing similar pressures.

When measured on the grime factor, “The Rings of Power” has emerged as the dirtier show because of its settings. Elves slog through mud to dig tunnels for their captors. Hobbit-like nomads called Harfoots have soiled skin and shrubbery in their hair. Fighters get caked in ash from an erupting Mount Doom. Ben Rothstein/Amazon

☆ The 'Lone Ranger' of Snowdonia is retiring after 39 years, and his job is up for grabs
▼ + stars: | 2022-11-05 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +3 min

Andrew Roberts, nicknamed the "Lone Ranger", was Wales' longest-serving ranger. He earned his "Lone Ranger" nickname in 2016 after buying a horse. But after 39 years, he's decided to retire, so the National Trust is recruiting a successor. According to the National Trust, it comprises 20,000 acres of "dramatic river valleys, magnificent uplands, and wild open moorland." Applications to be Roberts' successor are open until Sunday if you're keen to be the next "Lone Ranger".

☆ British police say immigration centre attack was terrorist incident
▼ + stars: | 2022-11-05 | by ( ) www.reuters.com time to read: +1 min

LONDON, Nov 5 (Reuters) - British police said on Saturday evidence showed an extreme right-wing terrorist ideology had motivated a petrol bomb attack on an immigration centre in the southern English port town of Dover on Oct. 30. Nobody was seriously hurt in the incident, and police said 66-year-old Andrew Leak - who was found dead at a nearby service station soon after the attack - had apparently acted alone. This meets the threshold for a terrorist incident," said Tim Jacques, senior national coordinator for counter terrorism policing. Prime Minister Rishi Sunak has said Britain is a compassionate and welcoming place for asylum seekers, but this depends on the country being able to effectively police its borders. Sunak's interior minister, Suella Braverman, is facing heavy criticism for describing the arrival of asylum seekers as an invasion.

The market was supported by another decline in U.S. oil inventories as refineries picked up activity ahead of the winter heating season. The oil market held its rally even as stocks fell and the dollar rallied after Federal Reserve Chair Jerome Powell said it was premature to think about pausing rate increases. U.S. crude oil stocks fell about 3.1 million barrels on the week, according to federal data. Gasoline inventories while distillate stocks rose only marginally ahead of the key heating season, when demand is expected to pick up. The ban, a reaction to Russia's invasion of Ukraine, will be followed by a halt on oil product imports in February.

Brent crude rose $1.74, or 1.8%, to $96.39 as of 12:01 p.m. EDT (1601 GMT), while U.S. West Texas Intermediate (WTI) crude was up $1.95, or 2.2%, to $90.31 per barrel. U.S. crude oil stocks fell about 3.1 million barrels on the week, according to federal data. "That is why we are seeing oil prices being supported." China's zero-COVID policy has been a main factor in keeping a lid on oil prices as repeated lockdowns have slowed growth and pared oil demand. Therefore, expect oil prices to close out this year heading into triple-digit territory," PVM analyst Stephen Brennock said.

☆ I switched from a hybrid car to a $25,000 electric Mini Cooper. It's my first EV and it's so fun to drive.
▼ + stars: | 2022-11-02 | by ( Andrew Lambrecht | ) www.businessinsider.com time to read: +9 min

He went with the 2023 Mini Cooper SE, which is a fully electric model priced at just over $25,000. I bought my first fully electric car, the Mini Cooper SE, in July. I gravitated toward the Mini Cooper SE, despite it costing slightly more, because it shares many of its technical components with the BMW i3 since BMW Group owns Mini. The gas cap on a 2023 red Mini Cooper SE. I've enjoyed every moment of owning my Mini Cooper SE.

☆ UK counter-terrorism police lead investigation into Dover bomb incident
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +2 min

[1/7] Members of the military and UK Border Force extinguish a fire from a petrol bomb, targeting the Border Force centre in Dover, Britain, October 30, 2022. REUTERS/Peter Nicholls/File PhotoLONDON, Nov 1 (Reuters) - Britain's counter-terrorism police are now leading the investigation into an incident in which petrol bombs were thrown at an immigration centre in the southern English port of Dover, police said on Tuesday. The attack came as British policy towards migrants and asylum seekers remains a heated political issue. Sunak's interior minister Suella Braverman is facing heavy criticism for describing the arrival of asylum seekers as an invasion. Reporting by William Schomberg and Sachin Ravikumar; Editing by Kate Holton and Michael HoldenOur Standards: The Thomson Reuters Trust Principles.

Cloud services for years has been one of the largest and most dependable sources of growth for some of the biggest tech companies, including during the pandemic as people worked and studied from home. Growth in Amazon Web Services (AWS), the firm's lucrative cloud unit serving enterprises, has ticked down consistently in the past four quarters, adjusted for changes in forex. "The AWS slowdown is a clear sign that businesses are beginning to trim costs, so this will likely put more of a squeeze on Amazon's bottom line in the coming quarters," said Andrew Lipsman, principal analyst at Insider Intelligence. Alphabet's Google Cloud revenue grew 38% in the quarter, beating estimates. Cloud services typically help companies save money so budget cuts in this sector could be especially worrying, indicating that companies think cost is king going into tougher times.

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