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☆ The fear of loss can cost investors big-time. Here’s how
▼ + stars: | 2022-11-29 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

Westend61The fear of loss is a powerful emotion for investors — and, if left unchecked, can cost them big bucks in the long term due to years of forfeiture of investment gains. watch nowFor investors, that evolutionary impulse plays out as "loss aversion bias." Investors have a bias toward avoiding financial loss. Prioritizing the avoidance of loss over earning a gain "is a major reason why so many investors underperform the market," Aguilar said. Meanwhile, 401(k) investors pulled money out of stock mutual funds during the same time period.

☆ In a tech downturn, breakout stars of venture capital are going abroad to hunt for funding. Here's why.
▼ + stars: | 2022-11-14 | by ( Melia Russell | ) www.businessinsider.com time to read: +9 min

The flow of capital motivated more investors to split from established firms and raise their own funds, but it hasn't always been easy. For years they've gone abroad to raise capital from limited partners, mostly wealthy individuals and family offices. This isn't new territory for international investors. He continues to use his personal wealth to back startups and venture funds mostly stateside, including Sequoia Capital, Andreessen Horowitz, and Brianne Kimmel's Worklife Ventures. Even those with ties to international investors may struggle to raise funds as fears of a global recession escalate.

☆ ASEAN summit begins with Myanmar likely to dominate agenda; 'little progress expected'
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +4 min

Cambodian Prime Minister and ASEAN host Hun Sen addressed Friday's opening ceremony with a call for vigilance and wisdom during times of economic and geopolitical turmoil. The junta has blamed a lack of progress on the pandemic and obstruction from armed resistance movements that it calls terrorists. James Crabtree, Executive Director of the International Institute for Strategic Studies-Asia, said ASEAN was struggling to cope with internal divisions over Myanmar and other issues. One Western diplomat who will attend the meeting said that while the bloc may try to make the Myanmar peace plan more action-oriented, "little progress is expected". G20 leaders are meeting in Bali next week and the Asia-Pacific Economic Cooperation (APEC) forum will take place in Bangkok after that.

☆ Biden to attend summit of Southeast Asian leaders as Myanmar looms
▼ + stars: | 2022-11-09 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

BANGKOK — Southeast Asian leaders convene in the Cambodian capital Thursday, faced with the challenge of trying to curtail escalating violence in Myanmar while the country’s military-led government shows no signs of complying with the group’s peace plan. U.S. President Joe Biden will be on hand for the Phnom Penh summit of the Association of Southeast Asian Nations, which comes as Washington and Beijing are increasingly jockeying for influence in the Asia-Pacific region. In addition to Myanmar, the four-day meetings are expected to focus on ongoing disputes in the South China Sea, pandemic recovery issues, regional trade and climate change. Neither Xi nor Putin is expected to attend the ASEAN talks or the parallel East Asia Summit, though both China and Russia are thought to be sending high-level delegations. “For Southeast Asia it’s really important to physically show up, and I think the Americans are very aware of this,” Daniel said.

☆ Mom of 5 died after ketamine injection by a paramedic, family alleges in wrongful death suit
▼ + stars: | 2022-11-04 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +5 min

DENVER — The family of a woman who died four years ago shortly after a paramedic injected her with the powerful sedative ketamine have filed a wrongful death lawsuit against the health care worker and the ambulance company. LaCour's family alleges in the lawsuit that Jason Poulson, a paramedic for American Medical Response Ambulance Service, administered 400 milligrams of ketamine to LaCour despite objections from a firefighter who was also an emergency medical technician. Shortly afterward, LaCour stopped breathing, according to the lawsuit filed on behalf of her and her husband's five preteen children. LaCour died from acute alcohol and ketamine intoxication, the El Paso County Coroner's Office said in its report. Poulson and American Medical Response Ambulance Service Inc. are named as defendants in the wrongful death lawsuit.

☆ EBay's focus on luxury to refurbished goods drives results beat
▼ + stars: | 2022-11-02 | by ( Nivedita Balu | ) www.reuters.com time to read: +2 min

[1/2] The eBay logo is pictured on a phone screen in this photo illustration in New York, U.S., July 23, 2019. REUTERS/Brendan McDermid/IllustrationNov 2 (Reuters) - EBay Inc's (EBAY.O) quarterly results beat Wall Street targets on Wednesday as inflation-wary shoppers snapped up refurbished goods and the ecommerce platform reaped the benefits of expanding its luxury offerings. The company still forecast holiday-quarter revenue slightly below estimates, but investors looked past that to drive up its shares nearly 8% in extended trading. The energy crisis has pushed up demand for home energy products in Germany though, they said, due to rising utility prices and uncertainty around energy availability. The midpoint of eBay's holiday-quarter revenue forecast of $2.42 billion to $2.50 billion came in slightly below analysts' expectations of $2.49 billion, according to Refinitiv data.

The drop is not just because industrial companies are turning down thermostats, they are also shutting down plants that may never reopen. And while lower energy use helps Europe weather the crisis sparked by Russia's war in Ukraine and Moscow's supply cuts, executives, economists and industry groups warn its industrial base may end up severely weakened if high energy costs persist. Reuters GraphicsThe International Energy Agency estimates European industrial gas demand fell by 25% in the third quarter from a year earlier. "We are doing all we can to prevent a reduction in industrial activity," an European Commission spokesperson said in an email. "From Jan. 1, we will be able to switch to oil," company executive Wolfgang Ott said, as the company seeks government help to cushion energy costs.

☆ Unicorn indie-film studio A24 is in talks to buy the Cherry Lane Theatre, New York's oldest off-Broadway theater
▼ + stars: | 2022-11-02 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +3 min

The Cherry Lane Theatre was put back on the market in 2021 after a previous sale fell through. The purchase comes as Hollywood increasingly looks to the theater world for IP and talent. A24, the Oscar-winning studio behind indie hits like "Uncut Gems," "Midsommar," and "Moonlight," is in talks to buy the Cherry Lane Theatre, New York City's oldest continuously running off-Broadway theater, according to a person familiar with the matter. The Cherry Lane was put back on the market in November 2021 after a deal to buy the theater for $11 million fell through amid disagreements over the price. Representatives from the Cherry Lane Theatre and A24 declined to comment on any prospective sale.

☆ UK will not take action over Czech mogul's plan to raise Royal Mail stake
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +2 min

Oct 31 (Reuters) - Britain is no longer intervening in Czech billionaire Daniel Kretinsky's plan to increase his stake in Royal Mail parent International Distributions Services (IDSI.L), sending the company's shares up more than 7% on Monday. In August, Royal Mail said it had been notified by then business minister Kwasi Kwarteng that he was exercising powers to look into proposals by Kretinsky's vehicle, Vesa Equity Investment, under the National Security and Investment Act. The Royal Mail review came days after the government decided not to take action over billionaire Patrick Drahi's stake in telecoms firm BT (BT.L). Vesa, Royal Mail's biggest shareholder which is ultimately controlled by Kretinsky and his business partner Patrik Tkac, in August said it had voluntarily contacted the government to inform them of its intention to increase its stake in Royal Mail, which is currently just over 22%. "Vesa Equity Investment welcomes the decision ... and reiterate our commitment to continuing long term investment presence in the U.K., including our partnership with Royal Mail," a spokesperson said.

☆ Royal Mail's largest labour union rejects new conditional pay offer
▼ + stars: | 2022-10-31 | by ( Ajose Koilparambil | ) www.reuters.com time to read: +2 min

Royal Mail and the Communication Workers Union (CWU) last week agreed to engage in talks through arbitration to resolve the months-long pay dispute and on Sunday the CWU withdrew its planned strike action in Britain in the next two weeks. Royal Mail's latest offer includes a 7% salary increase over two years, plus a lump sum payment of 2% of pay this year, but was subject to CWU agreeing to several changes including to Sunday working, start times and flexible working. The CWU, which represents more than 115,000 postal workers at Royal Mail, rejected the offer and said it would vote to take further strike action. "It (the offer) includes more unacceptable changes and a derisory 7% two-year pay offer that is well below projected inflation for both years," the CWU said in a statement. Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Shailesh Kuber and David EvansOur Standards: The Thomson Reuters Trust Principles.

"From a markets perspective, you have to be cautious going forward," said Michael O'Rourke, chief market strategist at JonesTrading. "They're the biggest stocks in the market, and we really haven't had much of anything good come out of any of them." The Fed has already raised rates by 300 basis points this year as it fights the worst inflation in decades. "The big technology companies like Amazon continued hiring to support a business that looks like the year 2021, and it's not 2021. Despite the big stock price drops, some investors see more pain for the big tech-focused names.

☆ Weak Amazon outlook another blow to tech-type growth shares
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +7 min

But Apple earnings on Thursday were a bright spot, with higher than expected revenue leaving its shares (AAPL.O) only slightly lower. But then we look at the Apple report and they reported strong growth in a lot of their consumer categories. Going into the holiday season you would expect the consumer to really ramp up so that I see a big divergence between Apple and Amazon." What we saw in the past is that in a period of growth, tech really grew faster than anything else and got multiples that reflected that. There was always concern going into earnings, and quarter after quarter, they surprised to the upside.

☆ SE Asian ministers discuss Myanmar crisis, without any Myanmar representative
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +3 min

JAKARTA, Oct 27 (Reuters) - Southeast Asian foreign ministers began meeting in Jakarta on Thursday to discuss how to kick-start a stalled peace process in military-ruled Myanmar, where dozens have been killed in recent weeks as violence escalated. The meeting at the secretariat of the Association of Southeast Asian Nations (ASEAN) in the Indonesian capital will not be attended by any representatives from Myanmar. Myanmar had been invited to send a non-political representative to the meeting in Indonesia, but the junta did not agree, according to the host government. There was also interest among some ASEAN members to seek quiet negotiations with the junta, the source said. Reporting by Poppy McPherson in Bankok and Stanley Widianto in Jakarta Writing by Ed Davies Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

[1/3] Cambodia's Foreign Minister Prak Sokhonn speaks during a meeting with Southeast Asian foreign ministers at the secretariat of the Association of Southeast Asian Nations (ASEAN) in Jakarta, Indonesia, October 27, 2022. Galih Pradipta/Pool via REUTERSJAKARTA, Oct 27 (Reuters) - Myanmar's military government warned on Thursday that any pressure from its Southeast Asian neighbours to put a time frame on a peace plan would create "negative implications". No Myanmar representatives were present at the special meeting of the group's foreign ministers to discuss the stalled peace plan. Late on Thursday, Myanmar's military-appointed foreign ministry released a statement blaming armed resistance movements for violence and saying pressure to set a time frame will create more negative implications than positive ones. And Indonesia has mentioned that this request needs to be delivered to Tatmadaw (Myanmar's military) immediately," said Retno.

The Musk video by reAlpha included “robust disclaimers” establishing it as satire, said Christie Currie, chief marketing officer. The first Musk video went live days after reAlpha launched a public offering under regulation A+ in 2021. But the ease of creating deepfakes means some celebrities could soon be deluged by ads featuring their unauthorized, but very convincing likenesses, Mr. Moss said. At the same time, the language in contracts written years before the technology existed may be vague enough to allow marketers to use existing footage to create new deepfake videos. Companies most often request celebrity deepfake videos to use internally for training, communications, parties or other purposes—but not for ads, said Daynen Biggs, owner of Slack Shack Films, which produced the Elon Musk videos.

☆ Bob Pisani: How my obsession with a Black Sabbath poster showed how irrational we can be when investing
▼ + stars: | 2022-10-20 | by ( Bob Pisani | ) www.cnbc.com time to read: +8 min

If you think knowing something about behavioral economics prevents you from doing stupid things, let me tell you about the Black Sabbath poster I bought. How I almost lost my mind bidding on a stupid Black Sabbath poster One day I was monitoring an online auction of rock posters. A 1976 Black Sabbath poster came up for sale. It's not like Black Sabbath has an intense cult of collectors, like Zeppelin or the Velvet Underground. With that damn Black Sabbath poster, I violated all the rules.

School-age kids added violent lyrics to the “Barney & Friends” theme song. “Parents admit to a cordial dislike of the saccharine saurian, and no self-respecting second-grader will admit to liking Barney.”Barney on "Barney And Friends" in 1992. In a phone interview last week, West (who appears in the docuseries) reflected on the success of “Barney & Friends” and offered a few theories on why Barney proved to be such a lightning rod. My agent recommended me to Dennis DeShazer, who was one of the producers of “Barney & Friends.” I auditioned with a lot of other folks. Barney voice actor Bob West.

☆ Blackstone, Apollo brace for deteriorating commercial real estate market that one analyst says could lose 30% of its value
▼ + stars: | 2022-09-29 | by ( Kelsey Neubauer | Alex Nicoll | ) www.businessinsider.com time to read: +8 min

Year-over-year price growth has already slowed for commercial properties, signaling souring outlooks that could reduce values by 20 to 30%, the strategists wrote in a report. Executives at the Bisnow event pointed to high rents on multifamily properties, though growth is softening. Yardi"If this doesn't clear the market, then I don't know what does," Marcus said of her multifamily properties, which she described as large and relatively new. Andrew Holm, a cohead of US investments at Ares, the owner of more than $50 billion in commercial real estate, is hunkered down for the long haul, however. At the Bisnow event, he was so bearish on commercial real estate that he struggled to name a single sector that might be attractive over the next six months.

☆ More layoffs hit CNN as CEO Chris Licht sets strategy and shuffles talent across the organization
▼ + stars: | 2022-09-27 | by ( Lucia Moses | Emilia David | ) www.businessinsider.com time to read: +2 min

CNN is laying off a small number of people in its audio division. A company rep said audio remains an important area for the company and that it's refining its strategy. CNN is laying off people in its audio division, according to affected staffers. One product manager posted on LinkedIn that their position had been eliminated and that the company told staff it planned to produce fewer audio series in 2023. "Audio is an important growth area for the company," the CNN rep said.

☆ Courbit-led group offers 20 euros a share for M6 stake - Bloomberg News
▼ + stars: | 2022-09-25 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

FILE PHOTO: A view shows French television group M6 headquarters in Neuilly-sur-Seine, near Paris, France, May 21, 2021. REUTERS/Sarah Meyssonnier/File Photo(Reuters) - French media mogul Stephane Courbit and his investor partners are said to have offered 20 euros ($19) a share for Bertelsmann SE & Co.’s stake in television company Groupe M6, Bloomberg News reported on Sunday. The offer is a 39% premium to Friday’s closing price of 14.43 euros per share, and values the 48% stake around 1.22 billion euros. Czech billionaire Daniel Kretinsky also made an offer for the stake, the report said, citing a person familiar with the matter. In March 2021, when Bertelsmann confirmed talks to sell its stake, French media reported that RTL’s stake was worth 1.5 billion euros ($1.48 billion), valuing all of M6 at about 3 billion euros.

☆ Courbit-led group offers 20 euros a share for M6 stake, Bloomberg reports
▼ + stars: | 2022-09-25 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterA view shows French television group M6 headquarters in Neuilly-sur-Seine, near Paris, France, May 21, 2021. The offer is a 39% premium to Friday's closing price of 14.43 euros per share, and values the 48% stake around 1.22 billion euros. Register now for FREE unlimited access to Reuters.com RegisterReuters could not immediately reach Courbit for comment. In March 2021, when Bertelsmann confirmed talks to sell its stake, French media reported that RTL's stake was worth 1.5 billion euros ($1.48 billion), valuing all of M6 at about 3 billion euros. ($1 = 1.0320 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

☆ Jason Zweig — Columnist at The Wall Street Journal
▼ + stars: | 2022-09-19 | by ( Jason Zweig | Caitlin Mccabe | ) www.wsj.com time to read: 1 min

Jason ZweigJason Zweig writes The Intelligent Investor column every weekend for The Wall Street Journal. He also writes Back in Business, an occasional column about financial history. Jason is the author of “Your Money and Your Brain,” on the neuroscience of investing, and the editor of the revised edition of Benjamin Graham’s “The Intelligent Investor,” the classic text that Warren Buffett has described as “by far the best book about investing ever written.”Before joining the Journal, Jason helped the Nobel Prize-winning psychologist Daniel Kahneman write the book “Thinking, Fast and Slow.”Earlier, Jason was a senior writer for Money magazine, a guest columnist for Time magazine and CNN.com, and a senior editor at Forbes magazine. He spent a year studying Middle Eastern history and culture at the Hebrew University in Jerusalem.

☆ SpaceX's internet has changed our lives — and saved us money — say some Starlink users
▼ + stars: | 2022-06-11 | by ( Kate Duffy | ) www.businessinsider.com time to read: +4 min

Starlink users told Insider how SpaceX's satellite internet service has changed their lives. Switching to Starlink internet has also allowed some customers to save up to $180. Starlink, SpaceX's satellite internet service, was delivered to Wilcox in May 2021. Insider spoke with various Starlink users who explained how the internet service had changed their life for the better. He told Insider he's saved $180 a month by switching from a well-known satellite internet provider to Starlink.

☆ Kevin Hart sold a $100 million stake in his media company to private equity firm Abry. Here are 10 more Hollywood production shops that are hot M&A targets.
▼ + stars: | 2022-05-19 | by ( Natalie Jarvey | Elaine Low | Madeline Berg | ) www.businessinsider.com time to read: +12 min

Abry Partners' $100 million stake in Kevin Hart's company HartBeat is the latest big M&A move in Hollywood. Dealmakers said production companies are valuable amid the streaming wars and demand for content. The M&A activity had top Hollywood dealmakers telling Insider in early 2022 that practically every independent production company is a target. Many production companies make work-for-hire or don't control the rights to a project once it is sold off to a studio distributor. Based on January interviews with five entertainment industry experts and insiders, Insider identified a list of 10 production companies that could be compelling acquisition targets as M&A activity continues.

☆ MOMENTE de TENSIUNE! Un Boeing 737 cargo a aterizat forțat în apele Pacificului
▼ + stars: | 2021-07-03 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Un avion Boeing 737 cargo a efectuat vineri o aterizare forţată în apele Pacificului din apropierea oraşului Honolulu din Hawaii, cei doi piloţi fiind salvaţi de Garda de Coastă, a anunţat Administraţia Federală a Aviaţiei din SUA, potrivit CNN, citează digi24.ro. Conform informațiilor preliminare, Garda de Coastă a SUA a salvat ambii piloți. Avionul, un Boeing 737, a decolat de la Aeroportul Internațional Daniel K. Inouye din Honolulu la 1:33 dimineața, potrivit Flightradar24. Potrivit site-ului companiei, Transair folosește o flotă de aeronave Boeing 737 pentru a furniza servicii de transport aerian de marfă și charter în Hawaii. Ultimul certificat de navigabilitate a fost emis în 2015 și urma să expire în 2024.

Persons: Daniel K . Organizations: CNN, Queens Medical Center, Transair, Boeing, Compania Locations: Honolulu, Hawaii, SUA, Queens

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