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Forecasting solar storms is especially difficult right now, even as the sun is getting more active. CMEs fling charged, super-hot plasma into space, and sometimes — like in the case of this CME — that plasma strikes Earth. On the bright side, these solar storms also make stunning displays of the Northern Lights, or aurora borealis, visible in the middle of the US. On a different day, all of these effects combined could have created a very violent solar storm. In the worst-case scenario, which is very rare, all the conditions align to send a very fast and very powerful solar storm to Earth.
Persons: oozing, Keith Strong, Lockheed Martin, Dean Pesnell, Rune Stoltz Bertinussen, Matt Owens, Bryan Brasher, Daniel Verscharen, Owens Organizations: Service, Lockheed, NASA, Dynamics, Prediction, National Oceanic, Atmospheric Administration, Reuters, CME, University of Reading, University College London, NASA Solar Dynamics Locations: Wall, Silicon, Tromso, Norway, Montana , Missouri, Virginia
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
Wall Street moves sideways as investors look to Fed
  + stars: | 2023-09-18 | by ( Stephen Culp | ) www.reuters.com   time to read: +4 min
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023. Financial markets have currently baked in a 99% certainty that the Fed will hold the key rate at 5.25%-5.00% on Wednesday. British chipmaker Arm Holdings slid 4.5% after Bernstein initiated coverage with an "underperform" rating just days after its stellar debut. Declining issues outnumbered advancing ones on the NYSE by a 1.22-to-1 ratio; on Nasdaq, a 1.74-to-1 ratio favored decliners. The S&P 500 posted 6 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 37 new highs and 247 new lows.
Persons: Brendan McDermid, Bernstein, Jerome, Powell, Peter Tuz, Janet Yellen, Sam Stovall, Stovall, Piper, Stephen Culp, Ankika Biswas, Shristi, Aurora Ellis Organizations: New York Stock Exchange, REUTERS, Holdings, Dow, Nasdaq, U.S, U.S . Federal, Chase Investment, Markets, CFRA Research, Dow Jones, Energy, Tesla Inc, Corp, Arm Holdings, Paypal Holdings, NYSE, Thomson Locations: New York City, U.S, U.S ., Charlottesville , Virginia, New York, Bengaluru
REUTERS/Lucas Jackson/File Photo Acquire Licensing RightsCompanies Starbucks Corp FollowNEW YORK, Sept 18 (Reuters) - Starbucks (SBUX.O) was ordered by a federal judge on Monday to face a lawsuit claiming that several of its Refresher fruit beverages lacked a key ingredient: fruit. Consumers complained that Starbucks' Mango Dragonfruit, Mango Dragonfruit Lemonade, Pineapple Passionfruit, Pineapple Passionfruit Lemonade, Strawberry Açai and Strawberry Açai Lemonade Refreshers contained none of the advertised mango, passion fruit or açai. The judge dismissed a fraud claim, finding no proof Starbucks intended to defraud consumers, and an unjust enrichment claim. Starbucks in a statement called the allegations in the lawsuit "inaccurate and without merit," and said it looked forward to defending itself. The case is Kominis et al v Starbucks Corp, U.S. District Court, Southern District of New York, No.
Persons: Lucas Jackson, John Cronan, Joan Kominis, Jason McAllister, Cronan, Robert Abiri, Jonathan Stempel, Aurora Ellis, Richard Chang, William Maclean Organizations: REUTERS, Companies Starbucks Corp, District, Starbucks, Consumers, Honey Citrus, Starbucks Corp, Court, Southern District of, Thomson Locations: Brooklyn, New York, U.S, Manhattan, Astoria , New York, Fairfield , California, Seattle, Southern District, Southern District of New York
The reason for this brilliant display is the sun, which shot a giant eruption of charged particles toward Earth on Sunday. The colorful Northern Lights, or aurora borealis, appear when electrically charged particles from the sun interact with molecules in Earth's atmosphere. Northern Lights may appear unusually far southTypically these dazzling green, red, pink, and purple lights only appear around the Arctic Circle, or around the South Pole (there it's called the aurora australis). That's because our planet's magnetic field lines channel the steady stream of particles, called the "solar wind," to the poles. AdvertisementAdvertisementWhere the aurora might appear tonightThe below map of the Space Weather Prediction Center's aurora forecast shows where late-night or early-morning sky watchers might be lucky enough to see the Northern Lights.
Persons: Dean Pesnell, Keith Strong, Lockheed Martin, Mike Hapgood, there's Organizations: Service, NASA, Dynamics, Lockheed, NOAA, Prediction Center, Rutherford Appleton Laboratory, Administration Locations: Wall, Silicon, New York , Illinois, Oregon
Why It MattersMr. McClain’s death in August 2019 drew new scrutiny after the murder of George Floyd in Minneapolis nine months later. The May 2020 killing of Mr. Floyd, videotaped by a bystander, ignited a national movement around police brutality and racial injustice. Mr. McClain’s death was quickly linked with the deaths of Mr. Floyd and Breonna Taylor, a Black medical worker who was shot and killed by the Louisville police in a botched no-knock raid. In addition, the death of Mr. McClain set in motion multiple investigations into the Aurora Police Department resulting in a state consent decree as well as local reform efforts. At the time the police stopped Mr. McClain, he was wearing a dark mask (his mother said he had anemia which could make him cold) and waving his arms.
Persons: McClain’s, George Floyd, Floyd, Breonna Taylor, McClain Organizations: Louisville police, Aurora Police Department Locations: Minneapolis
And to this day it is the victim of an illegal economic embargo," Lula said in a speech opening the G77 Summit of developing nations in the capital, Havana. The comments were made just hours before Lula left for New York, where he will attend the United Nations General Assembly and have bilateral talks with Biden. Earlier, Cuba expressed concerns over the label and Washington’s decades-old Cold War-era economic embargo against the island governed by the Communist Party of Cuba. Cuba and critics of the economic sanctions say the embargo prevents and hampers access to food, medicine and other critical development supplies. In 2019, during the first year of right-wing Jair Bolsonaro's administration, Brazil voted against the motion along with the United States and Israel.
Persons: Luiz Inacio Lula da Silva, Donald Trump, Biden, Lula, Lisandra Paraguassu, Steven Grattan, Aurora Ellis Organizations: Reuters, Former U.S, Trump, United Nations General Assembly, Communist Party of Cuba, European Union, U.S . State Department, United Nations Locations: BRASILIA, Cuba, United States, Havana, Brazil, New York, Israel, Paris
And to this day it is the victim of an illegal economic embargo," Lula said in a speech opening the G77 Summit of developing nations in the capital, Havana. The comments were made just hours before Lula left for New York, where he will attend the United Nations General Assembly and have bilateral talks with Biden. Earlier, Cuba expressed concerns over the label and Washington’s decades-old Cold War-era economic embargo against the island governed by the Communist Party of Cuba. Cuba and critics of the economic sanctions say the embargo prevents and hampers access to food, medicine and other critical development supplies. In 2019, during the first year of right-wing Jair Bolsonaro's administration, Brazil voted against the motion along with the United States and Israel.
Persons: Luiz Inacio Lula da Silva, Donald Trump, Biden, Lula, Lisandra Paraguassu, Steven Grattan, Aurora Ellis Organizations: Former U.S, Trump, United Nations General Assembly, Communist Party of Cuba, European Union, U.S . State Department, United Nations, Thomson Locations: BRASILIA, Cuba, United States, Havana, Brazil, New York, Israel, Paris
CNN —A photograph of a huge plasma arc next to the Andromeda Galaxy, the closest large spiral galaxy to the Milky Way, has won the 2023 Astronomy Photographer of the Year competition for a team of amateur astronomers. A team of amateur astronomers, led by Marcel Drechsler from Germany and Xavier Strottner from France, discovered a previously unknown galactic nebula. Marcel DrechslerScientists are now investigating the large object, which is in the immediate vicinity of the Andromeda Galaxy, in a transnational collaboration, according to the observatory. The nebula is located in the Centaurus constellation, about 6,000 lights year away from Earth, according to the release. Two 14-year-old boys from China won Young Astronomy Photographer of the Year for their image of The Running Chicken Nebula.
Persons: Marcel Drechsler, Xavier Strottner, Yann Sainty, , astrophotographer, , Runwei Xu, Binyu Wang, Yuri Beletsky, Monika Deviat, Ethan Chappel, Eduardo Schaberger Poupeau, John White, Chandra, Katherine Gazzard Organizations: CNN, Andromeda, Observatory Greenwich, Young, China, Young Astronomy, Sun, Perseus, Art, Royal Museums Greenwich, Maritime Museum Locations: Germany, France, China
Organizers of the protests expect global turnout over the weekend to total more than a million people. "This is directed at world leaders," said Mitzi Jonelle Tan, a climate activist with youth movement Fridays for Future in Manila, the Philippines. We need a just transition, and we need to phase out the fossil fuels causing the destruction of our environment," she told Reuters. The burning of fossil fuels is the main cause of climate change, but countries have never agreed in U.N. climate talks to phase out fossil fuels - though they have committed to phase down use of coal power. Despite having plentiful solar energy resources, Africa received only 2% of global investments in renewable energy over the last two decades, the International Renewable Energy Agency has said.
Persons: Greta Thunberg, Mitzi Jonelle Tan, Eric Njuguna, U.N, General Antonio Guterres, Kate Abnett, Katy Daigle, Aurora Ellis Organizations: United States, Organizers, Reuters, Governments, International Renewable Energy Agency, General Assembly, Thomson Locations: COP28, BRUSSELS, Pakistan, Nigeria, United, Swedish, Manila, Philippines, Nairobi, Kenya, U.N, Africa, New York
[1/2] U.S. Supreme Associate Justice Ketanji Brown Jackson waves during a photo opportunity outside the U.S. Supreme Court following an investiture ceremony for Justice Jackson at the court in Washington, U.S., September 30, 2022. Jackson used part of her speech as a warning against "complacency and ignorance." "Learning about our country's history can be painful, but history is also our best teacher," she said. In July, the state sparked controversy by approving new guidelines on teaching Black history, including how enslaved people acquired skills for "personal benefit." Jackson's speech echoed her dissent last June to the court's landmark ruling effectively ending college and university affirmative action policies in admissions.
Persons: Ketanji Brown Jackson, Justice Jackson, Kevin Lamarque, Jackson, Addie Mae Collins, Carole Robertson, Cynthia Wesley, Denise McNair, Ron DeSantis, Andrew Chung, Aurora Ellis Organizations: U.S, REUTERS, Supreme, Baptist Church, Ku Klux, Civil, Republican, African American Studies, Black, Thomson Locations: Washington , U.S, United States, Birmingham , Alabama, Birmingham, Florida, New York
I asked him if he thought good policing was possible. “The policing problem is that you have 90 percent good police officers, but that 10 percent or 5 percent, whatever the scientific number is, is enough to taint it. “There have been so many questionable incidents with the police involving Black residents,” Mayes said. Like Black voters across the country who have indicated support for fair policing in national polls, they took pains to explain that they were not against policing itself. “It’s just really hurtful,” Fields told a local radio station when the news broke.
Persons: ” Mayes, , Mayes, , , ” Rhonda Fields, , Fields, Matthew Green, McClain, “ It’s, ” Fields, you’re Organizations: City Council, Aurora, Colorado’s, Aurora Police Department Locations: Vietnam, Black, America, Aurora
[1/2] U.S. Supreme Associate Justice Ketanji Brown Jackson waves during a photo opportunity outside the U.S. Supreme Court following an investiture ceremony for Justice Jackson at the court in Washington, U.S., September 30, 2022. Jackson used part of her speech as a warning against "complacency and ignorance." "Learning about our country's history can be painful, but history is also our best teacher," she said. Jackson's speech comes at a time of conflict in several states over the teaching of history in schools, especially in Florida, which has restricted some educational efforts regarding racism, slavery and LGBTQ rights. In July, the state sparked controversy by approving new guidelines on teaching Black history, including how enslaved people acquired skills for "personal benefit."
Persons: Ketanji Brown Jackson, Justice Jackson, Kevin Lamarque, Jackson, Addie Mae Collins, Carole Robertson, Cynthia Wesley, Denise McNair, Ron DeSantis, Andrew Chung, Aurora Ellis Organizations: U.S, REUTERS, Supreme, Baptist Church, Ku Klux, Civil, Republican, African American Studies, Black, Thomson Locations: Washington , U.S, United States, Birmingham , Alabama, Birmingham, Florida, New York
HAVANA, Sept 15 (Reuters) - United Nations Secretary-General Antonio Guterres on Friday praised efforts to support the Global South in the international arena as he opened a summit of the G77 group of developing nations and China with host Cuba. The focus is the scientific and technological divide between rich and poor countries and its impact on development. Guterres said greater international equality was essential to building the consensus needed to tackle climate change and inequality. "The world is failing developing nations" he said, expressing the hope that the meeting would strengthen participants' clout on a wide range of issues. While more than 90 delegations are participating in the summit, which ends on Saturday, only a few dozen are led by heads of state.
Persons: Antonio Guterres, Guterres, Miguel Diaz, Canel, Diaz, Marc Frank, Nelson Acosta, Aurora Ellis Organizations: United Nations, Global, Thomson Locations: HAVANA, China, Cuba, United States, Cuban, Beijing
A sign is pictured at the entrance to a Planned Parenthood building in New York August 31, 2015./File Photo Acquire Licensing RightsSept 14 (Reuters) - Planned Parenthood will resume abortion care at two facilities in Wisconsin for the first time in more than a year, it said on Thursday following a county court ruling that an 1849 state law did not apply to most consensual abortions. In the wake of that ruling, abortion care will again be available starting on Monday at Planned Parenthood centers in Milwaukee and Madison, according to Tanya Atkinson, the president of Planned Parenthood of Wisconsin. The people of Wisconsin have been without this essential and necessary care for over a year," said Atkinson in a video statement. Planned Parenthood, the state's biggest abortion provider, is the first to make the announcement. "Planned Parenthood is more concerned about their bottom line and keeping abortion dollars in Wisconsin than finding a way to help women in unplanned pregnancies," said Heather Weininger, the head of Wisconsin Right to Life, in a statement.
Persons: Wade, Tanya Atkinson, Atkinson, Roe, Janet Protasiewicz's, Heather Weininger, Tony Evers, Evers, Julia Harte, Colleen Jenkins, Aurora Ellis Organizations: U.S, Supreme, Circuit, Democratic, Thomson Locations: New York, Wisconsin, Wisconsin's Dane, Milwaukee, Madison, United States
The 206 passengers on a luxury cruise ship will be heading home soon. The MV Ocean Explorer ran aground in a isolated part of Greenland on Monday. The name of the Greenland ship was Tarajoq and it belongs to the Greenland Institute of Natural Resources, a government agency. AdvertisementAdvertisementThe Bahamas-flagged cruise ship has passengers from Australia, New Zealand, South Korea, the United Kingdom and the United States. The others on the MV Ocean Explorer were "safe and healthy," it added.
Persons: Steven Fraser, Fraser Organizations: Ocean Explorer, Greenland, Service, Arctic Command, Greenland Institute of Natural Resources, Aurora Expeditions, Expeditions, Sydney Morning Herald, DR, Danish Maritime Authority, Ships, Command Locations: Greenland, Monday, Wall, Silicon, Copenhagen, Alpefjord, France, Spain, Ittoqqortoormiit, Nuuk, Australia, New Zealand, South Korea, United Kingdom, United States, Greenland's, Kirkenes, Arctic Norway, Bergen, Norway
CNN —Reports of “earthquake lights,” like the ones seen in videos captured before Friday’s 6.8-magnitude earthquake in Morocco, go back centuries to ancient Greece. He has coauthored several scientific papers on earthquake lights, or EQL. To better understand earthquake lights, Derr and his colleagues gathered information on 65 American and European earthquakes associated with trustworthy reports of earthquake lights dating back to 1600. Other theories about what causes earthquake lights include static electricity produced by the fracturing of rock and radon emanation, among many others. At present there is no consensus among seismologists on the mechanism that causes earthquake lights, and scientists are still trying to unlock the mysteries of these outbursts.
Persons: there’s, , John Derr, Juan Antonio Lira Cacho, Derr, Antonio Lira, Freund, Derr’s, Organizations: CNN —, Friday’s, Geological Survey, Universidad Nacional Mayor de San, Pontifical Catholic University of Peru, CNN, Geophysics, San Jose University, NASA Ames Research Center Locations: Morocco, Greece, Pisco, Peru, Universidad Nacional Mayor de San Marcos, China, Sichuan, Earthquakes, Guayaquil, Ecuador
View of the Ocean Explorer, a luxury cruise ship carrying 206 people that ran aground, in Alpefjord, Greenland, September 13, 2023. Danish Air Force/Arctic Command/Handout via REUTERS/File photo Acquire Licensing RightsCOPENHAGEN, Sept 14 (Reuters) - A luxury cruise ship that ran aground this week in a remote part of Greenland with 206 people on board was pulled free by a fishing trawler on Thursday. The Ocean Explorer cruise vessel had been stuck since Monday in mud and silt in the Alpefjord national park, some 1,400 km (870 miles) northeast of Greenland's capital Nuuk. The Ocean Explorer leaned to the side during the operation and passengers were not allowed to go outside, Hill said. Sydney-based Aurora Expeditions, which chartered the ship and organised the cruise, did not immediately respond to a request for comment.
Persons: Gina Hill, Hill, SunStone, Essi Lehto, Louise Breusch Rasmussen, Terje Solsvik, Mark Porter Organizations: Danish Air Force, Arctic Command, REUTERS, Rights, Reuters, Maritime Group, Aurora Expeditions, Thomson Locations: Alpefjord, Greenland, Rights COPENHAGEN, Greenland's, Nuuk, Danish, Sydney, Denmark
Earlier this week, the cruise ship made two failed attempts to float free on its own during high tide. The cruise ship ran aground above the Arctic Circle on Monday in Alpefjord, which is in the Northeast Greenland National Park. The Greenland Nature Institute’s fisheries research vessel Tarajoq attempted to pull the Ocean Explorer free at high tide on Wednesday morning. “Unfortunately, the attempt was not successful,” said the Danish Joint Arctic Command, which was coordinating the operation to free the cruise ship. The cruise ship is operated by Australia-based Aurora Expeditions and has passengers from Australia, New Zealand, South Korea, the United Kingdom and the United States.
Persons: , Knud Rasmussen, Steven Fraser, Gina Hill, ” Fraser Organizations: Arctic Command, Aurora Expeditions, Sydney Morning Herald, Sirius, Command Locations: COPENHAGEN, Denmark, Bahamas, Greenland, Alpefjord, France, Spain, Ittoqqortoormiit, Nuuk, Danish, Australia, New Zealand, South Korea, United Kingdom, United States
A luxury cruise ship carrying 206 passengers and crew members has been stuck in the cold northern waters of Greenland since Monday after it ran aground. The ship — named the Ocean Explorer and operated by Aurora Expeditions, a cruise company based in Australia — had been traveling toward Alpefjord, which is in a remote corner of Greenland. Its destination was the Northeast Greenland National Park, which is the northernmost national park in the world and is home to icebergs, glaciers and high mountains. The Joint Arctic Command, which is part of Denmark’s defense forces, said on Facebook on Tuesday that there were no injuries on board the Ocean Explorer and that there is no threat to the environment. On Wednesday, a fishing research vessel owned by the government of Greenland tried unsuccessfully to pull the Ocean Explorer at high tide.
Persons: , Australia — Organizations: Ocean, Aurora Expeditions, Northeast, Arctic Command, Facebook Locations: Greenland, Australia, Alpefjord, Northeast Greenland, Denmark
A view shows an area of the Felipe Angeles International airport, in Zumpango, on the outskirts of Mexico City, Mexico August 25, 2022. Mexico was downgraded by the U.S. regulator in May 2021 after the agency found the country did not meet safety standards. The downgrade was a major blow to Mexico carriers, as U.S. airlines were able to scoop up market share. Mexico overhauled its civil aviation law, but faced several hurdles and spent years in recovering the Category 1 rating. The return of Mexico to the highest aviation safety rating followed "more than two years of close work between the countries' civil aviation authorities," the FAA said in a statement.
Persons: Henry Romero, Jorge Nuno, Aeromexico, David Shepardson, Valentine Hilaire, Kylie Madry, Aurora Ellis, Richard Chang, Marguerita Choy Organizations: Felipe Angeles International, REUTERS, Rights, Federal Aviation Administration, FAA, Reuters, Airlines, U.S, Mexico's, Local, Thomson Locations: Zumpango, Mexico City, Mexico, U.S, Canada
CNN —A cruise ship carrying 206 passengers and crew has run aground on a remote stretch of Greenland and could potentially be stuck for days waiting for the nearest ship to arrive to help. The Ocean Explorer got into trouble on Monday in Alpefjord, a dramatic and rugged stretch of Northeast Greenland National Park, and has not been able to free itself, according to a statement from Denmark’s Joint Arctic Command (JAC). “As soon as we realized that the Ocean Explorer could not get free on its own, we sent a ship towards the wreck,” Arctic Commander Brian Jensen said. Jensen said the Ocean Explorer could still re-float on a high tide, but failing that, the Knud Rasmussen would assist. According to the statement, the Government of Greenland, the Danish Maritime Authority and the Danish Accident Investigation Board have been informed of the incident.
Persons: , Knud Rasmussen, Brian Jensen, , Jensen, Tamara Hardingham, Gill Organizations: CNN, Arctic Command, Aurora Expeditions, Command, Danish Maritime Authority, Danish Locations: Greenland, Alpefjord, Northeast Greenland, Government
View of the Ocean Explorer, a luxury cruise ship carrying 206 people that ran aground, in Alpefjord, Greenland, September 12, 2023. Danish Air Force/Arctic Command/Handout via REUTERS Acquire Licensing RightsHELSINKI, Sept 13 (Reuters) - A luxury cruise ship carrying 206 people remained stuck in a remote Greenland location on Wednesday after running aground earlier this week, the vessel's operator and rescue services said. The Danish military's Joint Arctic Command (JAC) said Tuesday's tide had failed to lift the 104-metre (341-foot) Ocean Explorer enough to free it. Photos taken by a Danish air force plane on Tuesday showed the Ocean Explorer sitting upright in calm waters with the sun shining. The JAC said it remained in contact with nearby ships to see whether they would be able to help free the Ocean Explorer.
Persons: JAC, Aurora, Essi Lehto, Terje Solsvik, Christina Fincher Organizations: Danish Air Force, Arctic Command, REUTERS Acquire, Rights, Aurora Expeditions, Thomson Locations: Alpefjord, Greenland, Danish, Sydney, Greenland's, Nuuk, Denmark
CNN —Reports of “earthquake lights,” like the ones seen in videos captured before Friday’s 6.8-magnitude earthquake in Morocco, go back centuries to ancient Greece. He has coauthored several scientific papers on earthquake lights, or EQL. To better understand earthquake lights, Derr and his colleagues gathered information on 65 American and European earthquakes associated with trustworthy reports of earthquake lights dating back to 1600. Other theories about what causes earthquake lights include static electricity produced by the fracturing of rock and radon emanation, among many others. At present there is no consensus among seismologists on the mechanism that causes earthquake lights, and scientists are still trying to unlock the mysteries of these outbursts.
Persons: there’s, , John Derr, Juan Antonio Lira Cacho, Derr, Antonio Lira, Freund, Derr’s, Organizations: CNN —, Friday’s, Geological Survey, Universidad Nacional Mayor de San, Pontifical Catholic University of Peru, Geophysics, San Jose University, NASA Ames Research Center Locations: Morocco, Greece, Pisco, Peru, Universidad Nacional Mayor de San Marcos, China, Sichuan, Earthquakes, Guayaquil, Ecuador
An employee of Aurora Deutschland GmbH, a manufacturer of medical Cannabis products, inspects a flowering Cannabis plant in a greenhouse in Leuna, Germany September 11, 2023. Marijuana-related ETFs are soaring in September as investors flood back into the sector after months of waning interest. It marked a swift turnaround for a quasi-legal industry curtailed by the anemic pace of federal reform. Last month's announcement also sent shares of several cannabis companies higher, including Canopy Growth, Tilray Brands and Cronos Group. At the time of the closure announcement, fund co-founder Morgan Paxhia told CNBC that it was not "immune to the broader macroeconomic environment and, more specifically, the dramatic shift in investor sentiment that has impacted the cannabis industry."
Persons: Canaccord, Matt Bottomley, Morgan Paxhia Organizations: Aurora Deutschland GmbH, U.S . Department of Health, Human Services, Dow Jones Industrial, Dow, Tilray Brands, Cronos Group, Marijuana, CNBC Locations: Leuna, Germany
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