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☆ The man behind Trump World’s myth of rigged voting machines
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +32 min

He publicly announced his purchase of Montgomery’s data in August at a gathering in Missouri of hundreds of his followers. “I own it,” Lindell said of Montgomery’s data, touting it as irrefutable proof Trump was cheated. On Nov. 9, far-right podcaster Joe Oltmann linked Montgomery’s Hammer and Scorecard claims to a parallel conspiracy theory: that widely used voting machines manufactured by Dominion Voting Systems were rigged to flip votes from Trump to Biden. Powell amended her complaint a few days later and dropped the expert’s declaration and the references to Montgomery’s claims. But the government said in a recent court filing that the order has nothing to do with election data.

☆ Orange finance head Fernandez to join transport group CMA CGM
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +1 min

PARIS, Dec 20 (Reuters) - French telecoms group Orange's (ORAN.PA) deputy chief executive and head of finance, Ramon Fernandez, is leaving the company to join shipping and transport company CMA CGM as finance director. Fernandez will Orange at the end of the first quarter of 2023, the company said on Tuesday, adding that a successor will be named soon. French transport group CMA CGM said in a separate statement that Fernandez would start his new role at the start of the second quarter next year. "I would like to thank Ramon for his unfailing commitment to the group," Orange CEO Christel Heydemann said in statement. "We will continue to work together and in confidence over the coming weeks to finalise our next strategic plan."

The article was one of a series of reports this year by the news agency on Binance's financial compliance and relationship with regulators across the world. Reuters also asked representatives of the local Binance units and affiliates about their relationship with the main Binance exchange. In Italy, Binance's public corporate filings detail just the unit's capital base and its ownership by a separate Binance company in Ireland. The Italian company, Binance Italy S.R.L., has its listed address in a block of shops and apartments in the southern city of Lecce. Just two of the Binance units analysed by Reuters offer more substantial details in their filings.

☆ Hope Hicks testifies Trump refused to tell supporters to be non-violent on January 6, instructing them instead to 'fight like hell'
▼ + stars: | 2022-12-19 | by ( Warren Rojas | ) www.businessinsider.com time to read: +2 min

Former Trump aide Hope Hicks said she and others urged Trump to decry any violence on January 6. Hicks told House select committee investigators that Donald Trump refused to listen. Trump commanded the MAGA mob that amassed in Washington that day to "fight like hell." Hicks met with House select committee members in October to share her insights into everything that happened that day. She told Trump that he'd lost and "nobody's convinced me otherwise," according to internal deliberations highlighted in the Trump-centric tome "The Divider: Trump in the White House, 2017-2021."

☆ First openly transgender woman set to be executed in the U.S. asks for mercy
▼ + stars: | 2022-12-15 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

— The first openly transgender woman set to be executed in the U.S. is asking Missouri’s governor for mercy, citing mental health issues. There is no known case of an openly transgender inmate being executed in the U.S. before, according to the anti-execution Death Penalty Information Center. McLaughlin’s lawyers also listed the jury’s indecision and McLaughlin’s remorse as reasons Parson should spare her life. Missouri has only executed one woman before, state Corrections Department spokeswoman Karen Pojmann said in an email. McLaughlin’s lawyers said she previously was rooming with another transgender woman but now is living in isolation leading up to her scheduled execution date.

☆ Bank of England readies another rate hike even as recession hits
▼ + stars: | 2022-12-15 | by ( Andy Bruce | ) www.reuters.com time to read: +4 min

The Monetary Policy Committee (MPC) has faced both encouraging and worrying news on the economy since a majority voted in early November to raise rates by 0.75 percentage point, the biggest hike since 1989. A big majority of the 54 economists polled by Reuters last week predicted a 0.5 percentage point increase in Bank Rate, which would take it to a 14-year high of 3.5%. Investors mostly agree although financial markets put a roughly 25% chance of another 0.75 percentage point hike. The annual rate of consumer price inflation dropped to 10.7% in November from 11.1% in October, a lower rate than the BoE had pencilled in last month. "We think the Bank will opt for further hikes in the first half of 2023, until inflation shows less momentum."

☆ A Mother-Daughter Team Went to the Bronx With $350,000 for a New Place. Which Option Did They Choose?
▼ + stars: | 2022-12-15 | by ( Debra Kamin | ) www.nytimes.com time to read: +2 min

Jeanine Edwards always wanted to buy her own place, but as a lifelong New Yorker, she wasn’t sure it was possible. She turned her sights to Riverdale, the leafy Bronx enclave where home prices are less than half of those in Harlem. After years of living in Manhattan, Riverdale seemed a little “too far from the mix,” she said. But Sadie’s school was there, and it suddenly seemed like the best option. Among the homes she considered, all within a five-minute drive of Sadie’s school:

☆ Fusion power is still decades and billions of dollars away, even after this week's major scientific breakthrough
▼ + stars: | 2022-12-14 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +2 min

The nuclear fusion breakthrough heralded on Tuesday was a historic event, culminating decades of research. At the same time, fusion power will not be contributing electricity to any power grid for at least a decade, according to most industry watchers. "We got out 3.15 megajoules, we put in 2.05 megajoules in the laser," said Mark Herrmann, a program director at Lawrence Livermore, on Tuesday. All of that energy went into the laser fusion reaction that showed net gain of about 1.1 megajoules — enough energy to boil a teakettle maybe two or three times. "This is a science achievement, not a practical one," Omar A. Hurricane, a chief scientist at Lawrence Livermore, told CNBC.

☆ Why tech insiders are so excited about ChatGPT, a chatbot that answers questions and writes essays
▼ + stars: | 2022-12-13 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +6 min

Lately, Zwingmann has been generating lecture notes using ChatGPT, a new chatbot that's quickly become the latest fad in tech. ChatGPT automatically generates text based on written prompts in a fashion that's much more advanced and creative than the chatbots of Silicon Valley's past. Five days after OpenAI released ChatGPT, Altman said that the chat research tool "crossed 1 million users!" ChatGPT is essentially a variant of OpenAI's popular GPT-3.5 language-generation software that's been designed to carry conversations with people. While ChatGPT is free, OpenAI sells access to its underlying language and related AI models for businesses to use.

☆ Dollar General's new Popshelf stores chase inflation-weary shoppers in the suburbs
▼ + stars: | 2022-12-13 | by ( Melissa Repko | ) www.cnbc.com time to read: +3 min

In this article DG Follow your favorite stocks CREATE FREE ACCOUNTwatch nowHigher incomes, higher profitsPopshelf is designed to drive higher sales and higher profits than the Dollar General store banner. Each Popshelf store is projected to hit between $1.7 million and $2 million in sales annually with an average gross margin rate that exceeds 40%. Inside of Popshelf stores, the brands and items on shelves reflect that customer. Dollar General is the fastest-growing retailer in the country by store count, according to Coresight Research, a retail-focused advisory firm. The company plans to open about 1,050 new stores in the U.S. in the coming fiscal year — including the Popshelf locations.

☆ Inflation has peaked — but it's not returning to pre-Covid levels in 2023, Mastercard says
▼ + stars: | 2022-12-12 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +1 min

Inflation has already peaked, but it will remain above pre-Covid levels in 2023, said David Mann, chief economist for Asia-Pacific, Middle East and Africa at the Mastercard Economics Institute. Central banks around the world have been hiking interest rates as recently as November in response to high inflation. The Fed will hold its December policy meeting this week, where it is expected to hike interest rates by 50 basis points. But he warned that it would be risky if central banks end up hiking rates more than they need to. It would be a "serious scenario" if central banks "end up going slightly too far and then need to reverse relatively quickly," he added.

☆ Brazil's best shooters should have taken penalties first, says Klinsmann
▼ + stars: | 2022-12-12 | by ( Rohith Nair | ) www.reuters.com time to read: +3 min

Croatia, the 2018 runners-up, stunned Brazil 4-2 on penalties after Marquinhos and Rodrygo failed to convert. "After conceding the equaliser in the 117th minute, Brazil had no time to switch gears. From the disappointment of conceding a last minute goal to the penalty shootout, there was no time to settle and approach the shootout positively. "With Argentina, they had extra time to play, even with the shock of the (Wout) Weghorst equaliser in the last minute," Klinsmann added. At the end of the game they were far more clearer (in the head) going into the penalty shootout."

☆ Half of US employers are planning layoffs. Here's how to start 'career cushioning' so that you aren't screwed if you lose your job.
▼ + stars: | 2022-12-10 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +4 min

It helps to be prepared — to "career cushion" — so you're not blindsided if you lose your job. Start by updating your LinkedIn profile, networking more creatively, and thinking about your goals. Knowing you're prepared for whatever comes next can help mitigate some of that terror. Update your social-media profilesHeitmann said the first — and potentially easiest — thing to do is update your LinkedIn profile. "It's always helped me to really think through how to be prepared," Heitmann said.

When she checked availability of these pain- and fever-reducing meds this week, out of 40 products – different flavors, sizes and strengths – none was in stock. For kids over 2 months of age, there is no magic number at which a fever needs to be treated. She says this is a great option for kids who can’t keep food or liquids down, too. What not to doThere are also some important things not to do if you can’t find the medication you need. Also, lukewarm baths are OK, but it’s not a good idea to put a child with a fever into a cold bath, Ahmann says.

This week she was arrested in a raid as part of a group suspected of plotting to violently overthrow the German government. Prosecutors have said the 58-year-old, a member of the far-right Alternative for Germany (AfD) party, was to become justice minister in a new state headed by aristocrat Heinrich XIII Prinz Reuss after the coup. The AfD said in a statement on Wednesday that it condemned the efforts of the suspected plotters. The inscription 'To the German people' is written above the entrance to the Reichstag building, the seat of Germany's lower house of parliament Bundestag, in Berlin, Germany December 9, 2022. Nationwide it is polling at 14%, making it the most successful far-right party in Germany since World War Two.

☆ Long Covid's financial devastation: $8,000 in credit card debt, ruined retirement plans
▼ + stars: | 2022-12-08 | by ( Annie Nova | ) www.cnbc.com time to read: +8 min

More than a third of respondents said their income had gone down as a result of long Covid. "Long Covid is as much part of the pandemic as is the acute phase, during which the government went to great lengths to treat people and save lives," said Oved Amitay, president of the Long Covid Alliance, an advocacy group. Of the long Covid patients she has seen, only 2 out of 50 who have applied for SSDI have been approved so far, she said. Sharon Sunders long Covid patient"They may not have the resources to go through the process," Verduzco-Gutierrez said. 'There's a tidal wave of us coming'Sunders wishes the Biden administration would do more to help those financially struggling with long Covid.

CNN —German officials arrested 22 suspected members and three suspected supporters of a far-right terrorist organization across the country on Wednesday on suspicion of plotting to overthrow the government. Christian Mang/ReutersPolice secure an area in Berlin, Germany on Wednesday after arresting supporters of a far-right terrorist organization. Christian Mang/ReutersThe statement said the suspected members of the organization were German nationals. Two of the suspected supporters were German and one was Russian, it added. “The Federal Public Prosecutor is investigating a suspected terrorist network from the Reich citizen milieu,” Buschmann said on Twitter.

☆ This former tech worker is helping change laws for people who get laid off
▼ + stars: | 2022-12-06 | by ( Faith Karimi | ) edition.cnn.com time to read: +10 min

CNN —Ifeoma Ozoma’s path as an advocate for tech workers started with a series of tweets one morning in June 2020. She emerged as a passionate advocate for tech workers by seeking legal protections for whistleblowers. “So many people reached out when I told my story, and most of them were tech workers or workers within the tech industry,” she said. The 30-year-old mentors activists and other people fighting all over the world against workplace discrimination. After leaving Pinterest, Ozoma moved to a farm near Santa Fe, New Mexico, where she grows her own vegetables and raises a flock of chickens nicknamed the Golden Girls.

☆ Ifeoma Ozoma is a passionate advocate for tech whistleblowers. It all started with tweets
▼ + stars: | 2022-12-06 | by ( Faith Karimi | ) edition.cnn.com time to read: +10 min

☆ German court dismisses challenge to 750 bln euro EU recovery fund
▼ + stars: | 2022-12-06 | by ( ) www.reuters.com time to read: +2 min

BERLIN, Dec 6 (Reuters) - Germany's constitutional court on Tuesday threw out a legal challenge to the European Union's 750-billion-euro ($786 billion) recovery fund, which saw the EU take on joint debt to help member states overcome the COVID-19 crisis. German Finance Minister Christian Lindner welcomed the ruling but said some aspects of the decision would have to be closely analysed by the government. The funds are to be repaid from the EU budget over the coming decades, with Germany shouldering by far the biggest share of any member state. The court ruled that the ratification act had not violated their right to democratic self-determination nor did it "impair the overall budgetary responsibility of the Bundestag". Lucke expressed disappointment at the ruling but said it was positive that the court had emphasized the EU has no general authority to take on common debt.

☆ Credit Suisse business is stable, chairman tells broadcaster SRF
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +1 min

ZURICH, Dec 5 (Reuters) - Credit Suisse (CSGN.S) is "definitely stable," Chairman Axel Lehmann told Swiss broadcaster SRF on Monday, adding that the embattled bank had seen a stabilisation in the outflows of client funds. "Thankfully, the outflows have stabilised," Lehman told SRF in an interview to be broadcast on Monday. Funds were also starting to return to the bank, he said, particularly in its Swiss home market. "What is the earnings power of the Swiss business, wealth management, asset management and the part of the investment bank we retain, and then from 2024 produce positive numbers." Reporting by John Revill; Editing by Mark Porter and Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

☆ 'I needed more in my life': Pandemic spurs women to choose flexibility, freedom over traditional office jobs
▼ + stars: | 2022-12-05 | by ( Korie Wilkins | ) www.businessinsider.com time to read: +5 min

Women are choosing freelance work over office jobs. They are all looking for flexible work, with many of them looking for contingent or freelance work." Photo provided by Kimberly HermannA friend told Hermann about Hay There Social Media's training program and she jumped in. Others have the freedom to pursue freelance work because they have a partner or spouse who has a job that includes benefits like healthcare. Cohen said these challenges and changes will likely continue to fuel the shift toward contract or freelance work for women.

☆ World Cup winners will be team with best wide players, Wenger says
▼ + stars: | 2022-12-04 | by ( Martin Petty | ) www.reuters.com time to read: +3 min

"The teams block the centre of the pitch, so they open more on the flanks... it means the best teams who have the best wide players have the best chance to win the World Cup," Wenger said in a presentation in Qatar on Sunday. That defensive pattern also led to a 33% reduction since the 2018 World Cup in Russia in the number of "take-ons", or players in possession of the ball running at defenders and beating them, while many were being forced out wide. "This means the technical level of a goalkeeper distributing with has feet has become a vital element of quality of a team," Wenger said. "He is becoming a real part of the team; now they're part of the team, it's the modern part of the team." He also said he favoured the increase in the number of World Cup teams from 32 to 48 in 2026, saying it would encourage countries to raise their domestic standards.

WASHINGTON — Democrats advanced a plan Friday to reorder the early voting states in their presidential primary calendar, one that would put South Carolina first, jettison Iowa and demote New Hampshire. The overhaul calls for South Carolina to hold its Democratic primary on Feb. 3, followed by Nevada and New Hampshire on Feb. 6. Georgia would hold its primary on Feb. 13, with Michigan rounding out the early voting on Feb. 27. Democrats have spent months debating their primary calendar, aiming to increase the diversity of states that help select the party’s standard-bearer and to add more general election battlegrounds to the mix. "Our first-in-the-nation primary is part of our culture and has been in place for over 100 years.

☆ Factbox: Global banks take axe to jobs as cost pressures mount
▼ + stars: | 2022-12-02 | by ( ) www.reuters.com time to read: +4 min

LONDON, Dec 2 (Reuters) - Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and layoffs. Rising cost pressures as a result of inflation and shrinking revenues in many core business lines amid volatile markets are making bank bosses nervous about profitability in 2023. CITIGROUPCiti (C.N) eliminated dozens of jobs across its investment banking division, as a dealmaking slump continues to weigh on Wall Street's biggest banks, Bloomberg News reported on Nov.8. CREDIT SUISSECredit Suisse (CSGN.S) is accelerating cost cuts announced just weeks ago, Chairman Axel Lehmann said on Dec. 2, confirming a Reuters report, as the bank races to slash its cost base by around 2.5 billion Swiss francs ($2.68 billion). DEUTSCHE BANKDeutsche Bank (DBKGn.DE), Germany's largest bank, cut staff in its investment bank's origination and advisory teams in October, in a move than affected mostly junior bankers.

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