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☆ Live updates: Suspect in shooting at dance hall near Los Angeles is dead, sheriff says
▼ + stars: | 2023-01-23 | by ( Erick Mendoza | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | ) www.nbcnews.com time to read: +33 min

Share this -Link copiedAlhambra officials release statement on Monterey Park shooting Alhambra officials released a statement on the Monterey Park shooting early Sunday evening. Officials also acknowledged the shooting that occurred in the city after the Monterey Park shooting. Share this -Link copiedPolice release pictures to identify Monterey Park shooting suspect The Los Angeles County Sheriff's Department has released pictures seeking to identify the Monterey Park shooting suspect. Law enforcement has connected him to the Monterey Park shooting and a shooting minutes later in Alhambra. Patrons of the Alhambra dance hall wrestled a firearm away from a man about 20 minutes after the Monterey Park shooting.

☆ Live updates: Possible suspect in mass shooting at dance hall near Los Angeles is found dead, sources say
▼ + stars: | 2023-01-22 | by ( Erick Mendoza | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | ) www.nbcnews.com time to read: +31 min

☆ Here's what you need to know about a blockbuster court fight over Cuba's debt
▼ + stars: | 2023-01-20 | by ( Michelle Caruso-Cabrera | ) www.cnbc.com time to read: +6 min

The legal battle is over a portion of Cuba's unpaid commercial debt dating back to the 1980s. If they don't reach a deal, Cuba could then face yet another court fight over whether it finally has to pay. Because of the U.S. embargo against Cuba, American investors are prohibited from owning and trading Cuban debt, which frustrates some frontier-market hedge fund managers in the U.S. They argue that holding Cuban debt would better serve U.S. foreign policy interests because it would give Americans a seat at some future negotiating table. CRF, meanwhile, says in court filings that it first reached out to Cuba 10 years ago to settle the debt but were ignored.

☆ Toshiba buyout heralds a big step back for Japan
▼ + stars: | 2023-01-20 | by ( Una Galani | ) www.reuters.com time to read: +7 min

MUMBAI, Jan 20 (Reuters Breakingviews) - The end of a long battle to wring some value from Toshiba (6502.T) is finally within reach. Such an outcome won’t encourage private equity firms, and big policy shifts underway may stifle the industry just as it hits a new high. Instead, after an accounting scandal in 2015, Toshiba came to epitomise Japan Inc’s pervasive value destruction. Japan typically outperforms private equity deals in other developed markets, partly because existing incentive structures for company bosses are so poor. The country’s private equity industry is only just finding its feet.

☆ The Davos Crowd Sees Republicans as the Enemy
▼ + stars: | 2023-01-19 | by ( Walter Russell Mead | ) www.wsj.com time to read: 1 min

Walter Russell Mead is the Ravenel B. Curry III Distinguished Fellow in Strategy and Statesmanship at Hudson Institute, the Global View Columnist at The Wall Street Journal and the James Clarke Chace Professor of Foreign Affairs and Humanities at Bard College in New York. He is also a member of Aspen Institute Italy and board member of Aspenia. Before joining Hudson, Mr. Mead was a fellow at the Council on Foreign Relations as the Henry A. Kissinger Senior Fellow for U.S. Foreign Policy. He has authored numerous books, including the widely-recognized Special Providence: American Foreign Policy and How It Changed the World (Alfred A. Knopf, 2004). Mr. Mead’s next book is entitled The Arc of A Covenant: The United States, Israel, and the Future of the Jewish People.

☆ Wintry weather kills 78 in Afghanistan, Taliban say
▼ + stars: | 2023-01-19 | by ( Associated Press | ) www.nbcnews.com time to read: +2 min

Taliban officials said Thursday that 78 people have died in just over a week during the harsh winter in Afghanistan, deepening the country’s humanitarian crisis. Shafiullah Rahimi, a Taliban spokesperson for the Ministry of Natural Disaster Management, said the deaths occurred since Jan. 10. The United Nations Office for the Coordination of Humanitarian Affairs said Thursday that bitterly cold weather in Afghanistan has reportedly killed thousands of livestock across the eastern, western and northern regions. “We are deeply saddened by that our countrymen have lost their lives in some provinces due to the severe cold weather,” said the statement. Half of Afghanistan’s population, or 24 million people, are in need of humanitarian aid, according to the group.

☆ West must ramp up aid to Ukraine to keep war with Russia from becoming a stalemate, U.K. foreign secretary says
▼ + stars: | 2023-01-18 | by ( Dan De Luce | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Abigail-Williams-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +4 min

The West needs to ramp up military assistance to Ukraine to ensure the war with Russia does not turn into a bloody, open-ended stalemate, British Foreign Secretary James Cleverly said Tuesday during a visit to Washington. The United Kingdom also said it would provide more heavy artillery and ammunition to help Ukraine roll back Russian forces from its territory. “The U.K. has been very much on the front foot” in its security assistance to Ukraine, Cleverly said. He stopped short of urging the U.S., Germany or other governments also to supply Ukraine with new tanks or other more advanced weapons. Germany has faced growing calls to send its Leopard 2 tanks to Ukraine and to allow other countries that have Leopards to provide Kyiv with them.

☆ Alibaba’s pushy shareholder mistimes his moment
▼ + stars: | 2023-01-18 | by ( ) www.reuters.com time to read: +2 min

HONG KONG, Jan 18 (Reuters Breakingviews) - Ryan Cohen has been pressing Alibaba (9988.HK), for improvements since last August, per the Wall Street Journal. As the owner of an undisclosed stake, he wants the company to boast its share buybacks. It confirms Alibaba’s emerging status as a mature company: revenue growth is forecast to almost halve to 10% by 2025, per Refinitiv. Increasing share purchases as the storm settles, and as an obstacle in the company’s growth path clears, would be odd. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ INDIA RUPEE Rupee likely to inch up on upbeat Asian cues
▼ + stars: | 2023-01-16 | by ( Nimesh Vora | ) www.reuters.com time to read: +2 min

MUMBAI, Jan 16 (Reuters) - The Indian rupee may open marginally higher against the U.S. dollar on Monday, supported by a further uptick in Asian currencies after last week's rally. The rupee was likely to open at 81.25 per dollar compared with 81.3250 in the previous session. However, it was fairly obvious that rupee will not be repeating the kind of rally it saw last week, he said. Portfolio outflows and likely decent support (for USD/INR pair) at 81 should keep rupee in check, he added. Foreign portfolio investors have taken out $1.8 billion from Indian equities so for this month and $116 million from debt.

☆ U.K. and EU Look to Mend Rift and Resolve Northern Ireland Trade Dispute
▼ + stars: | 2023-01-14 | by ( Max Colchester | Laurence Norman | ) www.wsj.com time to read: 1 min

Labour Party leader Keir Starmer, pointing, in Belfast recently. Labour has urged the U.K. government to strike a deal with the European Union. British and European officials are increasingly hopeful they can heal some of the divisions over the U.K.’s split from the trading bloc, including a long-running dispute over Northern Ireland, as the war in Ukraine pushes both sides closer and opinion polls suggest British support for Brexit is waning. U.K. Foreign Secretary James Cleverly and his European Union counterpart, European Commission Vice President Maros Sefcovic , will meet Monday and are expected to signal the start of final negotiations on a compromise agreement over the trading status of Northern Ireland, an issue that has created tensions between both sides and threats of a trade war.

☆ The stock market set-up heading into the crucial CPI report Thursday morning
▼ + stars: | 2023-01-12 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Bespoke Investment Group noted that in the first seven trading days of 2023, 175 stocks in the Russell 1000 are up 10% or more. Going into 2023, the pain trade was that the market would rally. "An in-line report doesn't cut it, in-line has already been sold," Chris Murphy, co-head of derivative strategy at Susquehanna, told me. "In my mind it [CPI] would have to be below consensus for the market to rally," he told me. He is particularly watching rental costs: "For inflation to come down, rents have to come down, and if they don't the Fed is going to be concerned."

How to earn Chase Ultimate Rewards pointsThe only way to earn rewards in the Chase Ultimate Rewards ecosystem is by opening and using a Chase credit card that operates within this program. Pay Yourself Back with Chase points (up to 1.5 cents per point)During the pandemic, Chase introduced a compelling new way to redeem points for everyday, non-travel expenses. Redeem points for experiences (point values vary)You can also use Chase Ultimate Rewards points to book special experiences, including one-of-a-kind events hosted by Chase. Book hotels through the Chase Ultimate Rewards portalWhile the Chase Ultimate Rewards program partners with IHG Rewards, Marriott Bonvoy, and World of Hyatt, it's important to price shop awards before you transfer Chase points to these programs. For example, you may find that a Marriott stay that costs 50,000 points will only set you back 12,000 Chase points through the portal.

☆ Investors could find better stock market returns outside the U.S. in 2023
▼ + stars: | 2023-01-11 | by ( Patti Domm | In | ) www.cnbc.com time to read: +9 min

With the dollar weakening, it's time for U.S. investors to get more serious about going abroad for stock market gains. Europe, China, Japan, Asia are actually going to move from losers to winners," he said. The iShares China Large-Cap ETF (FXI), iShares MSCI China ETF (MCHI) and KraneShares CSI China Internet ETF (KWEB) are invested in shares of Chinese companies. Chinese stocks make up 33% of the MSCI Emerging Markets Index. The iShares MSCI Emerging Markets ETF (EEM) represents that index.

☆ Foreign Investors Are Leery of China Bets, Despite Rebound Expectations
▼ + stars: | 2023-01-09 | by ( Rebecca Feng | ) www.wsj.com time to read: 1 min

Market strategists say the stars are aligned in 2023 for Chinese assets to stage a comeback—but a return of foreign capital may take longer. Foreign investors have pulled more than $100 billion out of China’s bond market since February, according to two major Chinese clearinghouses. They have also dramatically slowed their investments in the country’s stock market. Foreign institutions bought a net $13 billion worth of yuan-denominated shares last year via a Hong Kong stock-trading link, down sharply from $63 billion in 2021.

☆ Did the market already show its hand in the first week of 2023? What we've learned so far
▼ + stars: | 2023-01-07 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

Recall that at the start of last year, the popular bet was for a smooth and painless rotation from expensive growth stocks to financials and cyclicals. It didn't last: The S & P financial sector trounced utilities by seven percentage points in just the first week of 2022. Yet the Nasdaq 100 's premium to the overall S & P 500 remains at 25% — higher than at any point in the decade before the Covid pandemic hit. And the broader tape, as measured by the equal-weighted S & P 500, continues to act better than the top-heavy headline index. This egalitarian basket, buyable via the Invesco S & P 500 Equal Weight ETF (RSP) , is up 16% from the autumn low, is down less than 12% from its record high and has broken to a new cycle high against the traditional S & P 500.

Compare the best credit cards with cell phone coverageThere are dozens of credit cards that now offer cell phone protection when you use them to pay your phone bill. Review: The best Wells Fargo credit cardsWhat is credit card cell phone protection? If you've purchased a phone brand new with your credit card, you may already have purchase protection that covers damage or theft for up to 120 days from the date of purchase. Credit card cell phone protection is different. How does credit card cell phone insurance work?

A comparative few credit cards on the market specify that EV charging stations will receive bonus rewards. Popular charging stations include:TeslaChargePointEVgoLet's examine how to get the most return for EV charging expenses. These cards do not officially list EV charging stations in their bonus categories, so your results may vary. Electric vehicle charging station credit cards frequently asked questions (FAQ)Is there an EV charging stations map? The above credit cards offer effective bonuses between 2% and 4.5% back for EV charging stations.

☆ Major aid groups suspend work in Afghanistan AS Taliban bar women
▼ + stars: | 2022-12-26 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

KABUL, Afghanistan — Four major international aid groups on Sunday suspended their operations in Afghanistan following a decision by the country’s Taliban rulers to ban women from working at non-governmental organizations. Excluding women from schools and NGO work in Afghanistan “can and will lead to catastrophic humanitarian consequences in the short to long term,” the International Committee of the Red Cross warned. Half of Afghanistan’s population, or 24 million people, are in need of humanitarian aid, according to the group. The International Rescue Committee said it was dismayed by the Taliban decision, adding that more than 3,000 of its staff in Afghanistan are women. The Economy Ministry’s order comes days after the Taliban banned female students from attending universities across the country, triggering backlash overseas and demonstrations in major Afghan cities.

☆ Christmas spirits lifted as Bethlehem rebounds from pandemic
▼ + stars: | 2022-12-24 | by ( Associated Press | ) www.nbcnews.com time to read: +1 min

The biblical town of Bethlehem is gearing up for what residents hope will be a merry Christmas, with thousands of visitors expected to descend upon the traditional birthplace of Jesus as it rebounds from the coronavirus pandemic. Tourism is the economic lifeblood of this town in the occupied West Bank, and for the past two years, the pandemic kept international visitors away. “We are celebrating Christmas this year in a very much different way than last year,” said Palestinian Tourism Minister Rula Maayah. Police were erecting barricades in Manger Square, as marching bands played drums and bagpipes. Still, present-day reality was visible at Manger Square as banners showing photos of Palestinian prisoner Nasser Abu Hamid were prominently displayed.

☆ Indians face up to 3-year wait times for U.S. tourist visas
▼ + stars: | 2022-12-22 | by ( Sakshi Venkatraman | Sakshi Venkatraman Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +6 min

Other consulates are only taking appointments for emergency tourist visas, which experts suspect have a shorter backlog of their own. NBC News reached out to the State Department and has not received a response. “The Department of State is successfully lowering visa interview wait times worldwide,” the statement said. The State Department cites staffing issues which it is trying to remedy, but Gelatt says it won't be a quick process. “The State Department says that they’re doubling their hiring and they’re training up staff,” Gelatt said.

☆ Putin’s Russia will look more like North Korea
▼ + stars: | 2022-12-22 | by ( Pierre Briancon | ) www.reuters.com time to read: +3 min

LONDON, Dec 22 (Reuters Breakingviews) - The Western sanctions that followed the invasion of Ukraine have made it impossible for Russia to import what it needs. Foreign investors are staying away, thousands of the country’s elite have emigrated, and the price of its main export has sunk. The great shut-off of its economy will accelerate in 2023, as Moscow moves closer to the North Korean economic model. The invasion of Ukraine has inflicted damage on Russia, which depends heavily on the export of oil and gas. As a result, the Russian economy will take a hit.

☆ Foreign workers killed working on U.S. bases likely didn't get compensation required by U.S., report says
▼ + stars: | 2022-12-20 | by ( Andrew W. Lehren | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +5 min

Tens of thousands of workers from Nepal, the Philippines and other developing countries took jobs at U.S. military bases in Afghanistan. Called third-country nationals, or TCNs, because they were not from the U.S. or Afghanistan, they worked as cafeteria workers, janitors and often armed guards for the bases. When a car bomb or other Taliban attack occurred, Afghans and TCN contractors “were far more likely to be killed or injured,” said the report. During the interviews, Coburn and Gill found 12 different contract workers injured or killed who did not appear to have received proper compensation. When contractors are found to have violated insurance requirements, there is little punishment, according to the report.

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☆ Honeywell to Pay $203 Million in Settlements Over Brazil, Algeria Bribery
▼ + stars: | 2022-12-19 | by ( Dylan Tokar | ) www.wsj.com time to read: +3 min

Honeywell International Inc. will pay nearly $203 million to resolve investigations in the U.S. and Brazil into bribes paid to public officials in Algeria and at Brazil’s state-owned oil company, the company said Monday. The settlements involve UOP, a U.S. subsidiary of Honeywell that manufactures catalysts used to refine oil. Investigations found that UOP had conspired to pay bribes to a former high-level Petróleo Brasileiro SA official to obtain a $425 million oil refinery contract, authorities said. U.S. authorities accused UOP of violating the U.S. Foreign Corrupt Practices Act, and the settlements require Honeywell to make compliance overhauls and file periodic reports. To carry out the bribery scheme in Brazil, UOP retained a sales agent to funnel a $4 million bribe to the unnamed official at Petróleo Brasileiro, prosecutors said.

☆ Honeywell Strikes $203 Million Settlements Over Brazil, Algeria Bribery
▼ + stars: | 2022-12-19 | by ( Dylan Tokar | ) www.wsj.com time to read: +1 min

Honeywell International Inc. will pay nearly $203 million to resolve investigations in the U.S. and Brazil into bribes paid to public officials in Algeria and at Brazil’s state-owned oil company, the company said Monday. The settlements involve UOP, a U.S. subsidiary of Honeywell that manufactures catalysts used to refine oil. Investigations found that UOP had conspired to pay bribes to a former high-level Petróleo Brasileiro SA official to obtain a $425 million oil refinery contract, authorities said. The U.S. Securities and Exchange Commission also found that Honeywell’s Belgian subsidiary had paid bribes to Algerian officials to win business with Algerian state-owned oil company Sonatrach. U.S. authorities accused UOP of violating the U.S. Foreign Corrupt Practices Act, and the settlements require Honeywell to make compliance overhauls and file periodic reports.

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