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☆ Goldman Sachs: These are the 50 highest-quality stocks to buy heading into the new year
▼ + stars: | 2023-11-26 | by ( Mark Reeth | ) www.businessinsider.com time to read: +6 min

With their well-entrenched businesses, high sales growth, and strong balance sheets he believes they will continue to outperform next year. Thankfully, Kostin wrote that "equity valuations appear less stretched in absolute and relative terms after adjusting for record high market concentration." "In a recession, we expect the S&P 500 would end 2024 at 3700 (-18%)," Kostin wrote. First, Kostin wrote investors should "own growth stocks with high returns on capital that typically outperform given stable economic growth and interest rates." To that end, Kostin shared Goldman Sachs' basket of 50 stocks the analysts there believe are the highest quality on the market.

Persons: Goldman Sachs, David Kostin, Kostin isn't, Kostin, Altman Organizations: Business

☆ Russian forces are crashing headlong into another city using some of the same catastrophic tactics that bloodied its army in Bakhmut
▼ + stars: | 2023-11-26 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Russia has faced a slaughter fighting for the eastern city of Avdiivka. Ukrainian forces say they've destroyed heaps of armor, equipment, and personnel. War experts say the slaughter around Avdiivka bears similar hallmarks to the months-long battle for Bakhmut, where Moscow's catastrophic tactics badly bloodied its army, even though it eventually captured the city. There, it added, Russian forces are suffering "particularly heavy casualties." George Barros, a Russia analyst at the Institute for the Study of War, said Avdiivka presents a similar situation for Ukraine as Bakhmut did.

Persons: —, Mark Cancian, They've, Cancian, George Barros, Avdiivka, Barros, Valerii Zaluzhnyi, they've, It's, Bakhmut, Vladimir Putin Organizations: Service, US Marine Corps, Center, Strategic International Studies, Business, Institute for, Kyiv, Special Operations Forces, Ukraine, Russia, White, Avdiivka, Mechanized Brigade, Connect Locations: Russia, Avdiivka, Moscow, Bakhmut, Ukraine, Izium, Donetsk, —, Ukrainian, Donetsk region, Russian

☆ Ukraine's risky decision to stay and let Russia bash its forces against Bakhmut came with costs but was worth it
▼ + stars: | 2023-11-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

AdvertisementUkraine fought tooth and nail for months to defend the eastern city of Bakhmut from a never-ending onslaught of Russian soldiers and Wagner Group mercenaries. The risky decision to stay there came with significant costs, and Moscow eventually captured the city in May. AdvertisementThe Bakhmut fight also greatly contributed to the ultimate downfall of the notorious Wagner Group, Barros and Cancian said. Members of Wagner group sit atop of a tank in a street in the city of Rostov-on-Don, on June 24, 2023. AdvertisementAn aerial view of Bakhmut, Ukraine, on April 26, 2023.

Persons: —, Bakhmut, George Barros, Mark Cancian, Wagner, Cancian, Yevgeny Prigozhin, Prigozhin, STRINGER, Barros, it's Organizations: Service, Wagner Group, Institute for, Kyiv, ARIS MESSINIS, Getty, US Marine Corps, Center, Strategic International Studies, Barros, Russian, Kremlin, Wagner, AP, Fleet Locations: Bakhmut, Ukraine, Moscow, Russia, Ukrainian, Donetsk Oblast, AFP, Russian, Rostov, AP Ukraine, Kyiv, Crimean

☆ Mark Cuban says he was ‘a lousy employee’—and that was key to his success
▼ + stars: | 2023-11-24 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

"I was never going to be good at working for someone else," the billionaire investor and owner of the NBA's Dallas Mavericks told Wired in a video Q&A last month. But, it wasn't until he was in his mid-20s that Cuban launched his first actual company, the software startup MicroSolutions. As Cuban told Wired, he asked a high-ranking executive to speak to a group of young employees at a happy hour about "what it's like to work at the bank." "I thought that was a really cool idea and I was taking initiative," Cuban told Wired. "I was a lousy employee because I was a know-it-all," he told Wired.

Persons: Mark Cuban, he'd, Cuban's, Cuban, I'd, Warren Buffett Organizations: Dallas Mavericks, Wired, Cuban, Mellon Bank, Indiana University, Yahoo, CNBC Locations: Cuban, Dallas, Pittsburgh, MicroSolutions

☆ Why Ukraine hasn't been using its dozens of powerful US Abrams tanks
▼ + stars: | 2023-11-23 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Ukraine has not used US-made Abrams tanks since they arrived in September, analysts said. AdvertisementThe US sent 31 advanced M1A2 Abrams tanks to Ukraine in September — but they've been notably absent from an actual fighting there. AdvertisementSince receiving its first batch of Abrams in September, Ukraine has likely mixed them with the US-made M2 Bradley infantry fighting vehicles, Cancian told BI. Sergej Sumlenny, founder of the European Resilience Initiative Center in Germany, said the US missed its moment to send its Abrams tanks. Now, with Russia's defensive lines stretching over 1,000 kilometers, or 745 miles , he said the 31 US-provided Abrams tanks are too few to play a "decisive" role in the war.

Persons: Abrams, —, they've, Mark Cancian, Cancian, Bradleys, Bradley, Sinéad Baker, Kateryna, Sergej Sumlenny, Sumlenny, That's, Ukraine's Ministry of Defense didn't Organizations: Business, Service, US Marine, Center for Strategic, International, Bradley, Institute for, European Resilience Initiative, 47th Mechanized Brigade, Ukraine's Ministry of Defense Locations: Ukraine, Russia, Germany, Zaporizhzhia

As Open AI employees celebrated the return of CEO Sam Altman with a five-alarm office party , OpenAI software engineer Steven Heidel was busy publicly rebuffing overtures from Salesforce CEO Marc Benioff. Heidel was one of more than 700 OpenAI employees who's threatened exodus halted a would-be mutiny at one of Silicon Valley's most important AI companies. He was previously a scientist at Facebook AI Research and worked as a member of Google Brain under supervision of Prof. Geoffrey Hinton and Ilya Sutskever. Alec Radford: Radford was hired in 2016 from a small AI company he founded in his dorm room. Tao Xu : technical staff, worked on GPT4 and WhisperChristine McLeavey : technical staff, with contributions to music-related productsChristina Kim : technical staffChristopher Hesse : technical staffHeewoo Jun : technical staff, researchAlex Nichol : technical staff, researchWilliam Fedus: technical staff, researchIlge Akkaya: technical staff, researchVineet Kosaraju : technical staff, researchHenrique Ponde de Oliveira Pinto : technical staffAditya Ramesh : technical staff, developed DALL-E and DALL-E 2Prafulla Dhariwal : research scientistHunter Lightman : technical staffHarrison Edwards : research scientistYura Burda : machine language researcherTyna Eloundou : technical staff, researchPamela Mishkin : researcherCasey Chu : researcherDavid Dohan : technical staff, researchAidan Clark : researcherRaul Puri : research scientistLeo Gao : technical staff, researchYang Song : technical staff, researchGiambattista ParascandoloTodor Markov : Machine learning researcherNick Ryder : technical staff

Persons: Sam Altman, Steven Heidel, Marc Benioff, Heidel, Altman, Mira Murati, Murati, Brad Lightcap, Lightcap, Jason Kwon, Kwon, Wojciech Zaremba, Geoffrey Hinton, Ilya Sutskever, Alec Radford, Radford, OpenAI, Peter Welinder, He's, Github Copilot, Anna Makanju, Andrej Karpathy, OpenAI's, Michael Petrov, Petrov, Greg [ Brockman, Miles Brundage, Brundage, John Schulman OpenAI, Srinivas Narayanan, Scott Grey, Grey, Bob McGrew, Research Che Chang, Lillian Weng, Safety Systems Mark Chen, Frontiers Research Barret Zoph, Peter Deng, Jan Leike Evan Morikawa Steven Heidel Jong Wook Kim, Tao Xu, Christine McLeavey, Christina Kim, Christopher Hesse, Heewoo, Alex Nichol, William Fedus, Henrique Ponde de Oliveira Pinto, Aditya Ramesh, Hunter Lightman, Harrison Edwards, Yura, Tyna, Pamela Mishkin, Casey Chu, David Dohan, Aidan Clark, Raul Puri, Leo Gao, Yang, Giambattista Parascandolo Todor Markov, Nick Ryder Organizations: Business, BI, OpenAI, Khosla Ventures, Facebook, Research, Google, Tesla, U.S . Department of Energy, Oxford University, Safety Systems, Frontiers Research Locations: Albania, Canada, OpenAI

☆ Shanghai's Jewish refugee history takes centre stage in new oratorio
▼ + stars: | 2023-11-21 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +3 min

[1/5] Musicians perform onstage at the debut performance of Emigre at the Shanghai Symphony Orchestra Hall in Shanghai, China November 17, 2023. A collaboration between the Shanghai Symphony Orchestra, New York Philharmonic as well as choirs from the U.S. and China, the work premiered on Nov. 17. Composer Aaron Zigman, known best for his movie scores, said he was approached by Shanghai Symphony Orchestra's maestro Long Yu in 2019 with the idea for a piece telling the story of Shanghai's Jewish refugee history. In the late 1930s, as World War Two was about to break out, Shanghai was one of the few places in the world open to Jewish refugees, as many countries restricted visa access. Chen Jian, curator of the Shanghai Jewish Refugees Museum, was in the audience for Emigre's global premiere at the Jaguar Shanghai Symphony Orchestra Hall in downtown Shanghai.

Persons: Nicoco Chan, Aaron Zigman, Long Yu, Zigman, Mark Campbell, Chen Jian, Casey Hall, Sonali Paul Organizations: Shanghai Symphony Orchestra Hall, REUTERS, Rights, Shanghai Symphony Orchestra, New York Philharmonic, Shanghai, Shanghai Jewish Refugees Museum, Jaguar Shanghai, Orchestra Hall, Reuters, Thomson Locations: Shanghai, China, U.S, Nazi Germany, Europe, Japan, Israel, Gaza, Ukraine, New York

☆ US appeals court ruling strikes at core of landmark voting rights law
▼ + stars: | 2023-11-20 | by ( Joseph Ax | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

The ruling, which will likely be appealed, could set up the next voting rights battle at the U.S. Supreme Court. The vast majority of Voting Rights Act cases are filed by private parties. For instance, the case that prompted the Supreme Court earlier this year to strike down Alabama's congressional map was originally filed by a coalition of civil rights groups. In a dissent, Chief Judge Lavenski Smith, also a Bush appointee, said he would have followed existing precedent unless Congress or the Supreme Court said otherwise. Sophia Lin Lakin, the director of the American Civil Liberties Union's voting rights project and a lawyer for the plaintiffs, in a statement called the ruling a "travesty for democracy."

Persons: Shannon Stapleton, District Judge Lee Rudofsky, Donald Trump, David Stras, Raymond Gruender, George W, Bush, Judge Lavenski Smith, Sophia Lin Lakin, Joseph Ax, David Gregorio, Mark Porter Organizations: REUTERS, Firms American Civil Liberties, ., U.S, Supreme, District, Appeals, Trump, Circuit, Republican, American Civil Liberties, Thomson Locations: Queens, New York City, U.S, Arkansas

☆ Mark Cuban: Don't quit your job to start a business without doing this No. 1 thing first
▼ + stars: | 2023-11-19 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

Quitting your job to start a business can be both tempting and extremely risky. Make sure you have a safety net before taking the leap, says billionaire entrepreneur and investor Mark Cuban. Don't just leave [your job] unless you know what the hell you're doing," Cuban told Wired last month in a video Q&A. "We hear all of these stories about all of these people who quit their jobs, started a company and made all of this money," Cuban said. "What you don't hear are the stories of the people who quit their jobs, started a company and failed miserably, and are now working at a job they hate."

Persons: Mark Cuban, — Organizations: Wired, Samsung, U.S . Bureau of Labor Statistics Locations: America

☆ Opinion | How Do You Solve a Problem Like George Santos?
▼ + stars: | 2023-11-18 | by ( Mark Chiusano | ) www.nytimes.com time to read: +2 min

By now, you probably know a lot about George Santos, the congressman who scammed with abandon and made up almost everything. But the fact that he remains in Congress highlights something crucial about the people’s House. Even in that company, Mr. Santos stands out by exposing just how much craziness the Republican Party is willing to tolerate in pursuit of narrow partisan gains. The biographical lies and widely reported small-time hustles that boosted Mr. Santos pale in comparison with his penchant for “just throwing ideas.”I’m borrowing that phrase directly from Mr. Santos, who said it in a Spaces conversation on X, formerly Twitter, in October, shortly after Hamas’s terrorist attack on Israel. “I don’t care if we go into a police state for a couple of months.”

Persons: George Santos, “, Mr, Santos, It’s, ” Organizations: The New York Times, Atlantic City, Teamsters, Republican Party Locations: Israel, United States

☆ Mark Cuban: Any billionaire who says they 'could do it all again' from scratch is 'lying their ass off'
▼ + stars: | 2023-11-17 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Mark Cuban worked hard to amass his net worth — currently estimated at $6.2 billion — creating multiple successful businesses and investing in promising startups. "Anybody who has a 'B' next to their name, and they tell you they could do it all again, they're lying their ass off," Cuban, 65, said. But becoming a billionaire isn't just dependent on your sales talent or ability to craft a great business idea, Cuban said. Don't miss: Mark Cuban says he doesn’t need his billions: I’d ‘for sure’ be just as happy with 1% of my net worthIn Cuban's case, timing was crucial. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.

Persons: Mark Cuban, —, That's, he's, isn't, Cuban, You've, ’, Richard Wiseman, Wiseman, Warren Buffett Organizations: CompuServe, Yahoo, Real Vision, University of Hertfordshire, CNBC Locations: —, Cuban

☆ Remembering Bayard Rustin in Life and Onscreen
▼ + stars: | 2023-11-17 | by ( Tiffany Martinbrough | ) www.nytimes.com time to read: +1 min

As an adolescent, Bayard Rustin had many virtues. He was smart: He served as his high school valedictorian. He was respectful: After tackling opponents as an offensive lineman on his high school team, he would help them up and recite a line of poetry. In 2013, President Barack Obama awarded the Presidential Medal of Freedom to Rustin, who died in 1987. Sixty years after the march, the biopic “Rustin” aims to give this visionary his due.

Persons: Bayard Rustin, Rustin, Barack Obama, “ Rustin ”, George C, Wolfe, “, ” Wolfe Organizations: Black, Jobs, Civil, National Center for Civil, Rights Locations: Washington, Atlanta

☆ How an Indian startup hacked the world
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +41 min

The Indian company hacked on an industrial scale, stealing data from political leaders, international executives, prominent attorneys and more. Run by a pair of brothers, Rajat and Anuj Khare, the company began as a small Indian educational startup. The Indian company hacked on an industrial scale, stealing data from political leaders, international executives, sports figures and more. Back in 2012, Kristi Rogers was an executive at Aegis, a London-based security company. Canadian security company GardaWorld, which acquired Aegis in 2015, said it had no information on the incident.

Persons: Chuck Randall, Randall, “, ” Randall, ”, Randall’s inbox, Appin, Rajat, Anuj Khare, Rajat Khare’s, Clare Locke, Khare “, Khare, ” Clare Locke, Ted Kaczynski, Anuj, who’ve, SentinelOne, Tom Hegel, Appin “, Hegel, Mandiant, ” Hegel, Shane Huntley, ” Huntley, Google’s Huntley, ‘, Jochi Gómez, Gómez, Halevi, Tamir Mor, Russian oligarch Boris Berezovsky, Mohamed Azmin Ali, ” Mor, Berezovsky, Azmin, Mor, Roman Abramovich, Mark Hastings, Hastings, didn’t, Jim H, ” Jim H, Jim H’s, Kristi Rogers, Mike Rogers, he’s, Global’s, sully, Rogers, Damian Perl, – “, Steven Santarpia, ” Santarpia, Santarpia, Leonel Fernández, ” Fernández, Rajat Khare, “ Let’s, Ministry of Home Affairs didn’t, Peter Hargitay, Stevie, Billing, ” Stevie, ’, ” Peter Hargitay, Mookhey, Norman Shark, Jonathan Camp, Shark, Camp, Norman, Dominican Republic –, Dan Brady, Sandra Schweingruber, ” Schweingruber, Schweingruber, Brady, ” Gómez, –, ” –, Anna Carter, Mark Califano, ” Rajat Khare’s, India’s, Educomp, Karen Hunter, Hunter, Bryan, Rajat’s, Vijay Kumar, Deepak Kumar, Kumar, ACSG, Jay Solomon, Solomon, ” Rebsec’s, Vishavdeep Singh, Rebsec, CyberRoot, Sumit Gupta, Gupta, Raphael Satter, Zeba Siddiqui, Christopher Bing, Ryan McNeill, Corinne Perkins, John Emerson, Marla Dickerson Organizations: Reuters, Google, Harvard University, U.S, Symantec, Appin, Caribbean, El, Israeli Defense Forces, Commando, Quillon Law, U.S . House Intelligence, The Michigan Republican, U.S . Senate, Aegis, Global Security, Security, Rogers, Army Corps of Engineers, Rotary, Aegis ’, Global, ” Reuters, Britain’s, Appin Software Security, Ltd, Appin Security, –, Research, Analysis, Intelligence Bureau, Indian, India’s Ministry of Home Affairs, India’s Ministry of Defense, of Home Affairs, Central Bureau of Investigation, CBI, Federal Bureau of Investigation, Ministry of Home Affairs, Telenor, Broadcom, FBI, Dominican, Criminal Investigation Service, Appin Security Group, CERT, country’s, Bureau of Investigation, Educomp, State Bank of India, State Bank, The National Security Agency, NSA, U.S ., Swiss, Appin Technology, India’s Ministry, Corporate Affairs, Control Security Global, Technology, Kumar, Facebook, Meta, BellTroX, Services, Street, New, Rebsec, BellTroX’s, Hire Locations: Long, New Delhi, India, Yorker, Paris, Swiss, cybersecurity, Appin, Dominican, California, “, Dominican Republic, El Siglo, United States, Britain, Switzerland, New York, French, New Jersey, Israel, Russian, Malaysian, London, Rwandan, Virginia, Canadian, Chuck@shinnecock.org, Texas, Indian, India’s Punjab, Pakistan, Zurich, Australia, Norway, Oslo, Brady, Former, ”, U.S, Islip, Shinnecock, Washington, cyberespionage

☆ NZ confident about future after semi-final exit
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +3 min

Skipper Williamson had no complaints about how the Blacks Caps were manhandled out of the semi-finals by India on Wednesday, possibly bringing to an end his hopes of ever raising the oldest limited-overs World Cup trophy. The batting great, who has played in four World Cup semi-finals and two finals, will be 37 when southern Africa hosts the quadrennial 50-overs showpiece in 2027, while strike bowlers Tim Southee and Trent Boult will be 38. "You can only hope that, as we experienced from some of our leaders as young guys, that we can continue to bring players through. "I love being part of this group and we've got a number of world class players who love being in that changeroom and love playing for New Zealand. Reporting by Nick Mulvenney in Sydney, editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Kane Williamson, Skipper Williamson, Tim Southee, Trent Boult, Williamson, It's, Matt Henry, Jimmy Neesham, Mark Chapman, Rachin Ravindra, Daryl Mitchell, Mitchell, we've, Nick Mulvenney, Shri Navaratnam Organizations: Blacks Caps, India, Black Caps, Caps, New Zealand, Thomson Locations: MUMBAI, New Zealand, Africa, India, While, New, Sydney

U.S. crude stocks rose by 3.6 million barrels in the last week to 421.9 million barrels, according to the U.S. Energy Information Administration (EIA), far exceeding analysts' expectations in a Reuters poll for a 1.8 million-barrel rise. U.S. domestic crude production stayed at a record 13.2 million barrels per day, the data showed. In an indication of strong demand, gasoline stocks saw a surprise draw of 1.5 million barrels, while diesel stocks drew more than expected at 1.4 million barrels. American Petroleum Institute figures on Tuesday had showed rising crude oil and gasoline inventories last week, according to market sources. Downward pressure on oil prices may come from the supply side, with the United States "likely at peak production for crude," while the delayed release of its oil data makes the investment situation more opaque, Evans said.

Persons: Agustin Marcarian, Brent, John Evans, PVM, Evans, Arathy Somasekhar, Paul Carsten, Sudarshan Varadhan, Laura Sanicola, Raju Gopalakrishnan, Mark Potter, Jane Merriman, Emelia, Alexandra Hudson Organizations: REUTERS, HOUSTON, . West Texas, U.S . Energy Information Administration, American Petroleum Institute, International Energy Agency, Organization of, Petroleum, Financial Times, European Union, Alexandra Hudson Our, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Denmark, U.S, China, United States, Houston, London

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsSummary Denmark could block Russian tankers in its waters -FTUS oil supply could be keeping prices down -analystInflation cools in US, UKLONDON, Nov 15 (Reuters) - Oil prices dipped on Wednesday amid signs the United States, the world's biggest oil producer, is at peak production, offsetting positive crude demand signals from top consumer China. The International Energy Agency joined the Organization of the Petroleum Exporting Countries and its allies (OPEC+) in raising oil demand growth forecasts for this year, despite projections of slower economic growth in many major countries. Downward pressure on oil prices may come from the supply side, with the United States "likely at peak production for crude," while the delayed release of oil data from the world's biggest producer makes the investment situation more opaque, Evans said. A weaker dollar can boost oil demand by making crude cheaper for buyers using other currencies.

Persons: Agustin Marcarian, Brent, John Evans, Evans, Paul Carsten, Sudarshan Varadhan, Laura Sanicola, Raju Gopalakrishnan, Mark Potter, Jane Merriman Organizations: REUTERS, LONDON, U.S, West Texas, International Energy Agency, Organization of, Petroleum, U.S . Energy Information Administration, Financial Times, European Union, Federal Reserve, U.S ., Bank of, European Central Bank, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Denmark, United States, China, London

☆ India win toss, bat first against New Zealand in semi-final
▼ + stars: | 2023-11-15 | by ( Sudipto Ganguly | ) www.reuters.com time to read: +2 min

[1/13] Cricket - ICC Cricket World Cup 2023 - Semi-Final - India v New Zealand - Wankhede Stadium, Mumbai, India - November 15, 2023 India's Virat Kohli celebrates after reaching his 50th century, breaking Sachin Tendulkar's record of most number of ODI centuries REUTERS/Adnan Abidi Acquire Licensing RightsMUMBAI, Nov 15 (Reuters) - India captain Rohit Sharma won the toss and elected to bat in the first World Cup semi-final against New Zealand at the Wankhede Stadium on Wednesday. The venue, where India won their last 50-overs World Cup title, has hosted four day-night contests so far at this tournament with three of those being won by the team batting first. Australia were the only team to win batting second at the ground after Glenn Maxwell hit an unbeaten double hundred. For Wednesday's contest, both India and New Zealand were unchanged from their previous match. New Zealand captain Kane Williamson said he would have batted first as well.

Persons: India's Virat Kohli, Sachin Tendulkar's, Adnan Abidi, Rohit Sharma, Glenn Maxwell, we've, Sharma, I've, Kane Williamson, Williamson, they've, Shubman Gill, Virat Kohli, Shreyas Iyer, Suryakumar Yadav, Ravindra Jadeja, Jasprit Bumrah, Mohammed Shami, Kuldeep Yadav, Mohammed Siraj, Devon Conway, Rachin Ravindra, Daryl Mitchell, Tom Latham, Glenn Phillips, Mark Chapman, Mitch Santner, Tim Southee, Lockie Ferguson, Trent Boult, Sudipto Ganguly, Peter Rutherford Organizations: Cricket, ICC Cricket, New Zealand, Wankhede, Rights, India, Black, KL Rahul, Thomson Locations: India, New, Mumbai, Rights MUMBAI, Australia, New Zealand, Dharamsala . New Zealand, South Africa, Eden, Ahmedabad, Zealand

☆ COP28’s big challenge: green cash for poor states
▼ + stars: | 2023-11-15 | by ( George Hay | ) www.reuters.com time to read: +7 min

Rather than drawing attention to this paucity of ambition, al-Jaber wants states to commit to trebling global capacity of renewable energy by 2030. Progress in China and the West is largely a function of cash: these regions accounted for 84% of the $1.3 trillion committed to global climate finance in 2022. They calculate that by 2030, developing countries need to invest around $2.4 trillion a year in order to decarbonise their economies. The problem is that the developed world has consistently missed targets to channel climate cash to less developed counterparts. In September al-Jaber announced a $4.5 billion scheme to deploy UAE state cash and private sector resources to help Africa decarbonise.

Persons: al, Jaber, hasn’t, Nicholas Stern, Stern, Ajay Banga, Mark Carney, Shriti Vadera, Larry Fink, Joko Widodo, UAE Crown Prince Mohammed bin Zayed, Nahyan, Breakingviews, Peter Thal Larsen, Oliver Taslic, Thomas Shum Organizations: Reuters, United, Conference of, Abu Dhabi National Oil Company, United Nations, International Energy Agency, The, IEA, World Bank, concessional, Bank, Bank of England, Prudential, BlackRock, U.S, Indonesian, Africa decarbonise, UAE Crown, Thomson Locations: United Arab Emirates, Abu Dhabi, Paris, China, The U.S, British, Egypt, Indonesia, Japan, South Africa, Vietnam, U.S, Al, UAE, Africa, COP28, Dubai

☆ Stock market looks to escape macroeconomic fears as it mounts a November comeback
▼ + stars: | 2023-11-11 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

.SPX YTD mountain S & P 500, YTD Progress, for sure, with something more to prove. And of course, the S & P had only just broken an eight-session win streak before then. There's no doubt the spread between, say, the Nasdaq 100 and the equal-weight S & P 500 is extreme this year, at some 42 percentage points. The S & P 500 High Beta Index, tracked by the SPHB ETF , now trades under 15-times forward earnings, down from 20-times in February and a current 18 for the S & P 500. Earnings growth — even if slow and unevenly bestowed across sectors — tends to limit equity downside at minimum.

Persons: that's, Disinflation Organizations: Federal, stoke, Treasury, Fed, NYSE, Trader's, Nasdaq, Beta Locations: Friday's

☆ Trial confirms heart benefits of Wegovy, but is weight loss responsible – or something else?
▼ + stars: | 2023-11-11 | by ( Meg Tirrell | ) edition.cnn.com time to read: +9 min

To cardiologist Dr. Steven Nissen of the Cleveland Clinic, who wasn’t involved in the trial but is leading a similar one of tirzepatide, those effects are all evidence of the benefits of weight loss. Tirzepatide has shown greater levels of weight loss than semaglutide in clinical trials, leading many, including Nissen, to hope it will show even stronger cardiovascular benefits. Importantly, participants didn’t have a history of diabetes; a previous trial had shown that treating people with diabetes with a GLP-1 drug, Ozempic, reduced their cardiovascular risk. The Wegovy trial showed that 569 of 8,803 people taking the drug had a heart attack or stroke or died from heart-related causes, or 6.5%. The amount of weight loss seen in the trial, 9.4%, was less than in other studies of Wegovy, which showed average weight loss closer to 15%.

Persons: Ania Jastreboff, Wegovy, Dr, Amit Khera, National Institutes of Health’s Dr, Tiffany M, Powell, Wiley, Eli Lilly, Steven Nissen, wasn’t, ” Nissen, “, Tirzepatide, Nissen, Michael Lincoff, Lincoff, ”, Jastreboff, Sanjay Gupta, hadn’t, “ semaglutide Organizations: CNN, Nordisk’s Wegovy, American Heart Association, Yale Obesity Research Center, University of Texas Southwestern Medical Center Dallas, National Institutes of Health’s, New England, of Medicine, US Food and Drug, Cleveland Clinic, Novo Nordisk, Cleveland, CNN Health Locations: Philadelphia, Powell

☆ Wharton psychologist on how to reach your potential: People ‘really underestimate the slow learners, the late bloomers’
▼ + stars: | 2023-11-09 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

"Natural talent is overrated," Grant, a bestselling author and psychology professor at the University of Pennsylvania's Wharton School, recently told CNBC's "Squawk Box." And I think that leaves us to really underestimate the slow learners, the late bloomers." Those "slow learners" develop such traits by necessity from an earlier age, priming them well for achievement later in life, he added. Late bloomers also tend to be particularly skilled at turning weaknesses into strengths, and if you can master something you're bad at, you're well-equipped to handle most types of challenges, Grant told "Squawk Box." "The feeling that something is uncomfortable is a signal that you're about to learn something new," Grant told the New York Times last month.

Persons: Adam Grant, bloomer, Grant, CNBC's, prodigies, you've, they're, Mark Cuban, Grant's, Cuban, I've, Warren Buffett Organizations: University of Pennsylvania's Wharton School, New York Times, Research

☆ Ukraine launches criminal investigation into its own military after Russian strikes killed 19 soldiers at an open-air awards ceremony near the frontline
▼ + stars: | 2023-11-09 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Nineteen Ukrainian soldiers were killed after Russian strikes hit an awards ceremony near the front. Ukraine announced a criminal investigation into the military officers for organizing the event. Concerning the Russian strike on the warriors of the 128th Mountain Assault Brigade. In August, Ukraine said it launched a HIMARS attack on five Russian units gathered on a beach resulting in 200 casualties. Video of the strike appeared to show Russian soldiers stretching and standing in plain sight on the shore just moments before HIMARS munitions struck.

Persons: —, Volodymyr Zelenskyy, could've, Umerov, USA1Zcl0jd, Mark Cancian, Valerii Zaluzhnyi, Володимир Зеленський Organizations: Service, Russian, Rocket Forces, Artillery, New York Times, 128th Mountain Assault Brigade, State Bureau of Investigation, Associated Press, Defense, US Marine Corps, Center for Strategic, Studies Locations: Ukraine, Zaporizhia, Russian, Russia

☆ Mark Cuban gave these ‘Shark Tank’ founders $225,000—a year later, their revenue quadrupled to $1.1 million
▼ + stars: | 2023-11-07 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

When Whitney and Chaz Gates' annual sales more than quadrupled in less than a year, they credited their lead investor: Mark Cuban. On Friday's episode of ABC's "Shark Tank," the husband-and-wife duo said that Wondry, their Black-owned wine label, brought in $1.1 million in revenue over the previous 11 months. At the time, the couple's pitch landed them $225,000 of Cuban's money in exchange for 15% of the Dallas-based company. "Before 'Shark Tank,' we were just a local Texas business," said Whitney, Wondry's CEO. Here's how Cuban's $225,000 turned into $1.1 million in sales, according to the Gateses.

Persons: Whitney, Chaz Gates, Mark Cuban, Wondry Locations: Dallas, Texas

☆ 82-year-old went on 'Shark Tank'—and landed a 5-figure offer: 'You're a star'
▼ + stars: | 2023-11-07 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The 82-year-old co-founder of hunting manufacturer Air Boss Outdoors joined up with his business partner, Keith Lindsey, to pitch a product called the Krapp Strapp on Friday's episode of ABC's "Shark Tank." The Krapp Strapp is a weatherproof strap designed to help hunters, campers and outdoorsmen relieve themselves more comfortably. Cuban gave Legg and Lindsey similar feedback, saying he'd only make them an offer if everyone else's proposals were "nasty." The Krapp Strapp duo accepted, garnering praise from Cuban. "Now, you two [Greiner and John] can say you help people do the deuce outdoors," Legg said, on his way out.

Persons: Bob Legg, Keith Lindsey, It's, Lindsey, Legg, Legg chimed, Mark Cuban's, Robert Herjavec, Kevin O'Leary, Strapp, Herjavec, he'd, Lori Greiner —, Daymond John, Greiner, Bob, Cuban, John, Warren Buffett Organizations: Air, Outdoors, CNBC, Cuban Locations: U.S, Jacksonville , Texas

Nov 8 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Wednesday should be well-placed to bounce back from the previous day's declines, supported by another positive showing on Wall Street that secured the S&P 500's and Nasdaq's longest winning streak in two years. Tuesday's slide in U.S. Treasury yields will also support risk appetite in Asia, although some of that could be tempered by the dollar's resilience. With little on the regional economic data and policy events calendar to give markets a steer, investors will probably take their cue from Wall Street. The mostly cautious tone from U.S. policymakers on Tuesday should also help support sentiment in Asia on Wednesday.

Persons: Jamie McGeever, WeWork, Softbank, Fed's Powell, Williams, Barr, Cook, Josie Kao Organizations: Treasury, Nasdaq, Monetary Fund, IMF, Aussie, Reserve Bank of, Japan FX, Thomson, Reuters Locations: U.S, Asia, China, Beijing, Reserve Bank of Australia, Jefferson, Japan

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