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☆ A woman who moved to Portugal halved her monthly expenses but laid out some expected costs and stresses of moving abroad
▼ + stars: | 2022-12-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

She and her husband moved with their son to Portugal in October to lower their cost of living. Frances Bo Cordova, 32, her husband, and her four-year-old son left the Bay Area for Porto, Portugal in October. "The D7 process is definitely not for the faint of heart," she said. Porto, Portugal, where Cordova and her family moved. But because the visa process takes months, she had to pay the $1,000/month rent on the apartment for several months before even stepping foot in the country.

☆ Shipping companies brace for harsh winter weather with 'contingency plans' to help gifts arrive on time for the holidays
▼ + stars: | 2022-12-20 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +5 min

Postal Service, will be shipping on average a combined 100 million packages per day this week leading up to Christmas. A blast of Arctic air from Canada is expected to bring “life-threatening” cold to parts of the United States in the lead-up to Christmas, weather forecasters have warned. Postal Service, their workers are ready for harsh weather. “UPS has a team of full-time meteorologists who monitor the weather and help us create contingency plans as winter storms develop. Postal Service said it plans for “various weather issues throughout the year.” The postal service also said its workers have the proper equipment to do their jobs safely.

☆ GOP Rep. Dan Crenshaw says it's 'crazy' that Republicans put forward 'two 25-year-olds to be our nominees' in the midterms: 'We lost races we easily should have won'
▼ + stars: | 2022-12-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Rep. Dan Crenshaw critiqued some of the GOP candidates tapped to run for office in 2022. GOP voters nominated Karoline Leavitt, 25, and Bo Hines, 27, in two key House districts. However, in a recent Politico interview, GOP Rep. Dan Crenshaw of Texas said that his party erred in nominating younger candidates in two of the most competitive House districts in the country. That's batshit crazy," the 38-year-old congressman told the publication of two young Republicans who won primaries to serve as their party's nominees. In New Hampshire's 1st Congressional district, Democratic Rep. Chris Pappas defeated 25-year-old former Trump White House assistant press secretary Karoline Leavitt 54%-46%.

☆ Taunted for being Black, a student fought back, civil rights complaint says. The 30-second fight derailed her life.
▼ + stars: | 2022-12-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Mike Hixenbaugh | ) www.nbcnews.com time to read: +18 min

The threat didn’t seem to dissuade the boy who told Autumn he runs her block, she said. A moment later, Autumn said, one of the boys said the first syllable of the N-word, and the other student said the rest. “She is a breath of fresh air,” JaQuatta told them. Autumn told Medley it was becoming harder to keep up the facade. Mary Pegues, a former Slaton school board member and longtime teacher’s aide in a neighboring district, was furious when she saw the clip.

☆ Europe's BNP Paribas appoints senior executives to Global Markets Americas division
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +1 min

Dec 7 (Reuters) - BNP Paribas SA (BNPP.PA) has appointed several senior executives to its Global Markets Americas division, the European bank said on Wednesday, in a move to further consolidate its presence in the United States. The French bank appointed former Morgan Stanley executive Kunal Maini as the co-head of Global Macro - Americas and he will be responsible for globalizing the US Rates franchise. In addition, BNP also hired a string of executives to strengthen its credit portfolio at a time when global fixed income markets have come under immense pressure from soaring inflation and outsized interest rate hikes. John Hanisch was appointed the co-head of Secondary Credit Americas and Global Head of Securitized Products Trading; Charlie Shah the Head of IG & CDS Trading Americas and Bo Bazylevsky the Head of LatAm Flow Credit Trading. BNP's move to hire across divisions sharply contrasts global banks including HSBC Holdings PLC (HSBA.L) and Goldman Sachs (GS.N), which axed jobs to rein in costs.

☆ How people-pleasers can still win arguments and make their point heard, according to a world-champion debater
▼ + stars: | 2022-12-06 | by ( Natasha Piñon | ) www.cnbc.com time to read: +2 min

If you're a people-pleaser, you know how hard it can be to win arguments while keeping everyone happy. That makes Bo Seo's status as a two-time world-champion debater for Australia and Harvard University all the more impressive. But when you're too focused on pleasing others, you start neglecting your own feelings and point of view, Seo said. If so, your people-pleasing traits could be burying your own point of view — which is when you might want to make a change. That's an especially useful reframing for people-pleasers: You're simply articulating your own point of view, not disagreeing with someone else.

☆ NHL roundup: Kasperi Kapanen's hat trick sends Pens past Blues
▼ + stars: | 2022-12-04 | by ( ) www.reuters.com time to read: +9 min

Oskar Sundqvist scored the only goal of the game for Detroit, which lost its third straight game. Toronto's Mitch Marner scored twice to set a club record with 19th straight games with a point. Bruins 5, Avalanche 1David Pastrnak and Trent Frederic each scored twice as the host Bruins cruised past the Avalanche. Tomas Hertl scored twice for the Sharks, who have lost five of six (1-4-1). Panthers 5, Kraken 1Carter Verhaeghe scored twice and Sam Bennett had three assists as Florida defeated host Seattle, ending the Kraken's franchise-record seven-game winning streak.

☆ Capital A to combine AirAsia and AirAsia X as part of restructuring plan
▼ + stars: | 2022-11-29 | by ( Jamie Freed | ) www.reuters.com time to read: +3 min

Capital A, headed by Fernandes, will retain the digital, logistics and aviation services businesses, while AirAsia X will be renamed AirAsia Aviation and be led by long-time executive Bo Lingam under the plan. Capital A hopes submit to Bursa Malaysia Securities for approval in February. AirAsia X is also classified as PN17, but in an interview with Reuters on Tuesday, Fernandes said under the restructuring plan, both listed companies would emerge from that status by July 2023. Capital A investors will receive an in-specie distribution in the former AirAsia X, giving them exposure to a pure airline business with multiple brands. Fernandes said the distressed-company status had a "major impact" on the airline's share price by reducing investor confidence, which he hoped to restore through the restructuring plan.

☆ China's 'social credit' system ranks citizens and punishes them with throttled internet speeds and flight bans if the Communist Party deems them untrustworthy
▼ + stars: | 2022-11-28 | by ( Katie Canales | Aaron Mok | ) www.businessinsider.com time to read: +10 min

Since China doesn't have a central social credit system, many local government agencies have been experimenting with what the system could look like. But the plan is for the social credit system to eventually be mandatory and unified across the nation, with each person given their own unique code used to measure their social credit score in real-time, per Wired. In fact, a national social credit system is currently being proposed. Companies will also be at risk if China passes on its Establishment of the Social Credit System law. Citizens with good social credit can also get discounts on energy bills, rent things without deposits, and get better interest rates at banks.

[1/2] Taiwanese President Tsai Ing-wen announces to resign as Democratic Progressive Party chair to take responsibility for the party's performance in the local elections in Taipei, Taiwan, November 26, 2022. REUTERS/Ann WangTAIPEI, Nov 27 (Reuters) - Attention is turning to Taiwan's next presidential election in 2024 after the ruling Democratic Progressive Party (DPP) was thrashed at local elections on Saturday, with President Tsai Ing-wen's move to focus on China backfiring with voters. Speaking to reporters late on Saturday at party headquarters, its chairman Eric Chu said the KMT understood that only by uniting could it win. But Tsai's strategy failed to mobilise voters, who disassociated geopolitics from the local elections which traditionally focus more on issues from crime to pollution. Taiwan Foreign Minister Joseph Wu said last week Taiwan was seeing less Chinese interference ahead of the local elections, possibly due to China's own domestic problems and its efforts to improve its international image.

☆ Sony to expand Chinese game incubator in Microsoft head-to-head
▼ + stars: | 2022-11-22 | by ( Josh Ye | ) www.reuters.com time to read: +2 min

The Japanese tech giant's plans were made public during an event live-streamed from the southwestern Chinese city of Chengdu to re-launch the China Hero Project programme, which ground to a halt due to COVID-19. The China Hero Project unveiled its first two batches of games in 2017 and 2019 and has supported 17 titles, of which seven have reached the market. It was part of Sony's years-long approach to China, which ultimately led it to a lucrative exclusivity deal with the Chinese hit game “Genshin Impact” outside of the China Hero Project. Reuters reported last month that Sony's success with “Genshin Impact” has driven Microsoft to aggressively woo Chinese game developers with big licensing deals. Sony sells the PlayStation (PS) consoles in China, where people have traditionally preferred playing mobile-based games.

☆ China's JD.com says worst is over for consumer demand
▼ + stars: | 2022-11-18 | by ( ) www.reuters.com time to read: +2 min

Research house TH Data Capital noted in a report that sales growth at JD.com in September was better than that in July and August, driven mainly by consumer electronics, home appliance and FMCG. Revenue grew to 243.5 billion yuan ($34.21 billion) in the three months ended Sept. 30, compared with a Refinitiv consensus estimate from 22 analysts of 242.81 billion yuan. Rival Alibaba reported 3% revenue growth in the three months ended Sept. 30. JD.com's quarterly net income attributable to ordinary shareholders was 6 billion yuan, compared with a net loss of 2.8 billion yuan a year earlier. Excluding one-off items, JD.com earned 6.27 yuan per American Depository Share, beating expectations of a 4.44 yuan profit per ADS.

☆ How did Democrats make it so close in the House midterm elections?
▼ + stars: | 2022-11-17 | by ( ) www.nbcnews.com time to read: +18 min

While the GOP did still take the House, the close margin of victory was a performance well below what was possible. Here are eight perspectives from across the ideological spectrum on why the Democrats were able to make it so close. And this reality was essential given the defection of Black and Latino voters to the Republican Party and its candidates. America can credit Democratic West Virginia Sen. Joe Manchin’s obstruction of a democracy bill and an economic bill for the narrow Republican House majority. But now, America needs to deal with a Republican House, thanks in good part to Manchin’s obstruction.

☆ NHL roundup: Devils dump Habs for 10th straight win
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +6 min

Jonathan Marchessault and Jack Eichel scored for the Golden Knights, who took their second straight loss following a nine-game winning streak. Boone Jenner added two goals and Eric Robinson contributed one goal and one assist for the Blue Jackets. Canucks 5, Sabres 4Bo Horvat notched a goal and two assists as Vancouver ended a three-game losing streak with a win in Buffalo. Predators 2, Wild 1Matt Duchene had a goal and an assist for Nashville in a win against visiting Minnesota. Dylan Strome and John Carlson scored for the Capitals, who got 38 saves from Darcy Kuemper.

☆ Live Results: Democratic state Sen. Wiley Nickel defeats Bo Hines, a Trump-endorsed Republican, in North Carolina's 13th Congressional District election
▼ + stars: | 2022-11-09 | by ( Hanna Kang | Jake Epstein | Nov | ) www.businessinsider.com time to read: +6 min

Democrat Wiley Nickel defeated Republican Bo Hines in North Carolina's 13th Congressional District. Raleigh MayorDemocrat Wiley Nickel, who is a member of the North Carolina State Senate, has defeated the Trump-endorsed Republican Bo Hines in North Carolina's 13th Congressional District. 2022 General EmbedsNorth Carolina's 13th Congressional District candidatesHines, 27, a political newcomer with virtually no experience, raised eyebrows even within the GOP when former President Donald Trump offered him his endorsement. If elected, he will replace Rep. Ted Budd — a staunch Trump ally and Republican nominee in North Carolina's US Senate race to replace retiring Republican Sen. Richard Burr. Voting history for North Carolina's 13th Congressional DistrictNorth Carolina's 13th Congressional District encompasses Johnston County and parts of Wake, Wayne, and Harnett counties.

☆ NHL roundup: Devils top Flames, run win streak to 7 games
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +6 min

The Devils have won seven straight -- their longest winning streak since winning eight straight from Feb. 6-22, 2011. Golden Knights 4, Maple Leafs 3 (OT)Reilly Smith scored his second goal of the game 23 seconds into overtime and visiting Vegas defeated Toronto. Oilers left winger Evander Kane was stable and transported to a local hospital for a procedure following a serious left wrist laceration in the second period. After Jason Robertson gave Dallas a 1-0 lead at 3:06 of the second period, Winnipeg scored four straight goals in the frame. Dallas, which had outscored its opponents 18-6 during a three-game winning streak entering play Tuesday, seemed shellshocked following the results of the second period.

☆ Diamondback quarterly profit beats market estimates on higher crude prices
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +2 min

Nov 7 (Reuters) - U.S. oil and gas producer Diamondback Energy Inc (FANG.O) on Monday reported better-than-expected third-quarter profit, helped by a surge in crude prices due to tighter energy supplies following Russia's invasion of Ukraine. Energy companies are posting strong profits as crude and natural gas prices have soared following Western sanctions against major exporter Russia and OPEC+'s decision to tighten an already squeezed global supply. Oil volumes for the quarter decreased to 224.3 thousand barrels of oil per day (BO/d), down from 239.8 thousand BO/d a year earlier. Diamondback's average unhedged realized price for oil, however, rose to $89.79 per barrel in the reported quarter, up from $68.27 per barrel a year earlier. Last month, Diamondback said it will buy all leasehold interest and related assets of FireBird Energy LLC for $1.6 billion in cash and stock.

☆ Climate Change Is Real. Markets, Not Governments, Offer the Cure. - The New York Times
▼ + stars: | 2022-10-28 | by ( Bret Stephens | Mr. Stephens Is An Opinion Columnist. Mr. Winter Is A Staff Photographer On Assignment In Opinion. | ) www.nytimes.com time to read: +32 min

worse-case, highest-carbon-emission scenario.” (The Intergovernmental Panel on Climate Change is the U.N. body that assesses climate change.) How do we weigh the risks of underreacting to climate change against the risks of overreacting to it? While he’s not an expert on climate change, he has spent decades thinking deeply about every manner of risk. That’s particularly true if climate change is akin to cancer — manageable or curable in its earlier stages, disastrous in its later ones. Maybe, I realized, in assessing my newfound concerns about climate change, my long-held beliefs might provide a solution — look to the market.

☆ Venture capitalists are betting on a part of China’s chip industry safe from U.S. bans
▼ + stars: | 2022-10-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

The U.S. this month imposed new restrictions to maintain a lead over China in advanced chip technology. That gap leaves a large market opportunity far more insulated from U.S. restrictions — and one that Chinese startups can tap, some venture capitalists said. He claimed WestSummit-backed GigaDevice Semiconductor is one of the Chinese companies well-positioned to capture the mature market. "However, chip-making is a mature technology that has been developed many years. Looming risksDespite the large market opportunity, early-stage investment in Chinese chip startups still face risks from potential lawsuits and the complexity of the technology itself, Vertex's Tay said.

Oct 24 (Reuters) - Challenges to election results are not new in the United States. That has raised fears among election experts that 2022 will see a wave of baseless rejections of vote tallies. There are multiple points where a rogue official could disrupt the process – by refusing to certify results, for instance. THE FUTURESeveral election experts said they are more concerned about the 2024 election than 2022, given how many Trump-inspired election deniers are running for key positions this year. A Washington Post analysis found more than half of Republican candidates for Congress and key statewide offices have questioned the 2020 results.

☆ Pro-Trump rally speaker says that 'angel of death' is coming for Lindsey Graham and Democrats before end of the year
▼ + stars: | 2022-10-23 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

A pro-Trump rally speaker said the "angel of death" was coming for various politicians before 2023. The speaker showed an image of people including Lindsey Graham, Joe Biden, and the Clintons. "The angel of death is coming to visit these people. The image said, "the Angel of Death is coming for them by year-end," and "treason will be written on them for ALL ETERNITY." The two-day "ReAwaken America" rally also featured speeches by Eric Trump, Michael Flynn, Roger Stone, and MyPillow CEO Mike Lindell.

☆ Bo Hines, a Trump-endorsed Republican, faces off against Democratic state Sen. Wiley Nickel in North Carolina's 13th Congressional District election
▼ + stars: | 2022-10-21 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Republican Bo Hines is running against Democrat Wiley Nickel in North Carolina's 13th Congressional District. The 13th District is split between the urban Triangle and rural Sandhills. North Carolina's 13th Congressional District candidatesHines, 27, a political newcomer with virtually no experience, raised eyebrows even within the GOP when former President Donald Trump offered him his endorsement. If elected, he will replace Rep. Ted Budd — a staunch Trump ally and Republican nominee in North Carolina's US Senate race to replace retiring Republican Sen. Richard Burr. Voting history for North Carolina's 13th Congressional DistrictNorth Carolina's 13th Congressional District encompasses Johnston County and parts of Wake, Wayne, and Harnett counties.

☆ China delayed the release of key economic data to avoid distraction amid the Communist Party Congress, not to conceal data, analysts say
▼ + stars: | 2022-10-18 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

China delayed the release of key economic data, including third-quarter GDP, scheduled for this week. The postponement of the data — GDP in particular — has raised speculation that the numbers are deliberately being hidden. "Beijing just wants everyone and the media coverage to focus on the Congress, not on economic data." While delays in monthly statistical data release are indeed "quite unusual," they are not unprecedented, according to Zhuang. However, it's the first time Beijing is delaying GDP data release.

☆ A fighter pilot's promotion shows how China's navy is learning from the US as its aircraft carrier fleet grows
▼ + stars: | 2022-10-17 | by ( Minnie Chan | South China Morning Post | ) www.businessinsider.com time to read: +5 min

The promotion of flying officers to command positions on China's carriers mirrors the US approach. A CCTV documentary highlights another similarity, with the Chinese navy now training its own pilots. "As a user of ship-borne weapons, I would share my [naval flight experiences] with comrades working in the equipment department and try efforts to improve our operational system, finding a better way to help China's aircraft carrier undertaking," Xu told a documentary on CCTV. The launch in June of China's third and most advanced carrier, the Fujian, has increased the demand for more outstanding carrier-based pilots like Xu. The new aircraft combat platform's electromagnetic catapults — similar to those on the USS Gerald R. Ford supercarrier — means the PLA Navy will have to master a new launch and recovery system.

☆ Trump-backed congressional candidate Bo Hines says he 'can't afford' to give up his salary. But federal records show he has no salary.
▼ + stars: | 2022-10-17 | by ( Hanna Kang | ) www.businessinsider.com time to read: +3 min

Bo Hines, a congressional candidate from North Carolina, twice claimed that he and his wife "can't afford to give up a month's salary." A trust fund is the only reported asset in Hines' financial disclosure. In the disclosure, Hines reported no salary and no spousal assets, and asserted that he has not excluded any assets that belong to his wife, Mary Charles Hines. Axios' Lachlan Markay first noted Hines' financial situation, which includes no reported bank account or earned income and compensation, and zero loans or liabilities. His trust fund, named Hines Children's Trust, is the only reported asset on his personal financial disclosure.

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