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☆ Those New Online Returns Fees Are Driving Away Shoppers
▼ + stars: | 2023-10-26 | by ( Liz Young | ) www.wsj.com time to read: 1 min

An Amazon returns kiosk inside a Whole Foods grocery store in Bethesda, Md. Photo: PAUL PAGE/THE WALL STREET JOURNALNew fees for online consumers to send back goods appear to be cutting back on returns as retailers had hoped, but they could also be costing companies customers heading into the holiday season. About a third of companies surveyed by logistics company Happy Returns say they have lost customers since they began charging consumers fees to return items that they purchased online. That suggests merchants are seeing a backlash even as more than half of them say the tactic has slowed the flood of goods they have seen coming back into their warehouses over the past three years.

Persons: PAUL Organizations: Foods Locations: Bethesda, Md

Up to 350 guests had returned RSVPs and claimed seats for the fourth White House state dinner of President Joe Biden's term, this one honoring Australian Prime Minister Anthony Albanese. The B-52s, an American new wave band, had originally been lined up to entertain guests after dinner. He then invited Albanese to Washington for an official state visit. Dinner will be held in a temporary pavilion on the White House lawn decorated in pastel shades meant to evoke the feel of Australian spring, the current season Down Under, and American autumn. The first lady continued her practice of inviting an outside chef to work with White House staff on the menu.

Persons: RSVPs, Joe Biden's, Anthony Albanese, Jill Biden, Biden, ” Biden, Albanese, Katie Button, Jodie Haydon, Albanese's Organizations: WASHINGTON, White House, Australian, Ukraine, National Institutes of Health Clinical, National Cancer Institute Locations: U.S, American, Israel, Australia, Papua New Guinea, Washington, France, South Korea, India, Asheville , North Carolina, Bethesda , Maryland

REUTERS/Cheney Orr/File Photo Acquire Licensing RightsOct 17 (Reuters) - Lockheed Martin (LMT.N) reported higher third-quarter revenue on Tuesday, as geopolitical tensions fueled sustained demand for its military equipment. Lockheed's weapons, such as the guided multiple launch rocket system and Javelin anti-tank missiles, made in conjunction with defense company RTX (RTX.N), have proven critical to Ukraine's war efforts. Revenue at the Missiles and Fire Control unit, which makes the High Mobility Artillery Rocket System, was $2.94 billion, up 3.8% from a year earlier. Bethesda, Maryland-based Lockheed posted a net income of $6.73 per share for the quarter ended Sept. 24, compared with $6.71 per share a year earlier. Quarterly net sales rose around 1.78% to $16.88 billion.

Persons: Cheney Orr, Lockheed Martin, LMT.N, restocking, Frank St John, Pratyush Thakur, Mike Stone, Krishna Chandra Organizations: Lockheed, Association of, United States Army, Global, REUTERS, Reuters, Missiles, Control, High Mobility Artillery, Thomson Locations: Huntsville , Alabama, U.S, Ukraine, Bethesda , Maryland, Bengaluru, Washington

☆ How to Prepare Every Part of Your Life for a Recession
▼ + stars: | 2023-10-16 | by ( Tanza Loudenback | ) www.wsj.com time to read: +13 min

But a recession brings other threats too, like the potential for major stock market swings that can derail financial goals. As soon as the line begins to tick upward again, the economy exits a recession and enters an expansion. Are we in a recession or is a recession coming? How to preparePreparing your finances for a recession isn’t all that different from practicing good money habits in your daily life. You’ll likely have to make some real-time adjustments to meet short-term goals while enduring a recession, McCoy says.

Persons: Loudenback, it’s, ”, Ross Hamilton, Raymond James, you’ve, Hamilton, aren’t, “ You’ve, Eric Roberge, ” Roberge, Megan McCoy, “, ’ ”, McCoy, You’ll, ” Hamilton, you’re, “ There’s, there’s, ” McCoy, Roberge, ‘ I’ve Organizations: Wall Street, National Bureau of Economic Research, Kansas State University Locations: U.S, Bethesda, Md, Boston, Hamilton

Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday after fending off global opposition from antitrust regulators and rivals. It marks a career-defining moment for Spencer, who first joined Microsoft as an intern in 1988 and has helmed Xbox since 2014. When the companies announced a planned merger in January 2022, Microsoft CEO Satya Nadella made clear it would be "critical for Activision Blizzard to drive forward” on its commitments to improve its workplace culture. As of late last year, Activision Blizzard had 13,000 employees, about 72% in North America, according to a regulatory filing. “It is a new day for workers at Activision Blizzard,” said CWA President Claude Cummings Jr. in a statement Friday.

Persons: Phil Spencer, Spencer, “, ”, Gil Luria, Davidson, he’s, Bobby Kotick, who's, Kotick, Satya Nadella, Joe Biden's, ” Luria, George Jijiashvili, Elder, ” Jijiashvili, Claude Cummings Jr, ” Cummings Organizations: Activision Blizzard, Microsoft, Activision, PlayStation, Sony, U.S . Federal Trade, ZeniMax Media, Bethesda Softworks, Communications Workers of America Locations: Southern California, U.S, United Kingdom, San Francisco, Bethesda, North America, Canada

PIKETON, Ohio (AP) — Uranium enrichment is getting underway this week at a facility in southern Ohio, a federally authorized demonstration project considered critical to produce the type of fuel needed for newer, more efficient nuclear reactors. That form of uranium contains far more of the isotope U-235 than is typically found in current nuclear reactor fuel. The 3,800-acre (1,500 hectare) site was where uranium had been enriched until 2001 at the Portsmouth Gaseous Diffusion Plant. Poneman said the U.S. has since become the world's biggest importer of enriched uranium. Cleanup and decontamination of the Portsmouth plant are continuing.

Persons: Daniel Poneman, Poneman, Centrus Organizations: Centrus Energy Corp, Columbus Dispatch Locations: PIKETON, Ohio, Bethesda , Maryland, Piketon, Columbus, U.S, Portsmouth

☆ How this 77-year-old widow lost $661,000 in a common tech scam: 'I realized I had been defrauded of everything'
▼ + stars: | 2023-10-08 | by ( Greg Iacurci | ) www.cnbc.com time to read: +19 min

Older adults, many of whom have saved their entire careers for retirement, can have the most to lose. The Covid pandemic was a disproportionate threat to older adults, keeping Americans indoors and quickly pushing them online. Outcomes hinge on a complex web of federal and state rules that govern banking and elder financial fraud. Such "heightened procedures" to protect older adults are part of the bank's duty of care relative to older customers, the lawsuit said. Scammers had her wire funds from her PNC bank account to an account at the now-defunct Signature Bank in New York.

Persons: Marjorie Bloom, she'd, Bloom, Roth, Ester, Ester Bloom, Rebecca Keithley, —, they'd, I'm, Kathy Stokes, Keithley, General Merrick Garland, she'll, Marjorie Bloom Bloom, trekked, Mount, Kriangkrai, I've, There's, Sergio Flores, scammers —, Carla Sanchez, Adams, Sanchez, Banks, Marve Ann Alaimo, Porter Wright Morris, Arthur, Alaimo, Cryptocurrency, Scammers, scammers, it's, Patrick Wyman, Wyman, Al Drago Organizations: PNC Bank, Finance, CNBC, Federal Bureau of Investigation, PNC, FBI, Social, Department of Justice's, Vanguard Group, Federal, Consumer Finances, AARP, Microsoft, Department of Energy, Guaranty Corporation, U.S, North Dakota ., Everest Base, Social Security, North Bethesda Camera, PNC Bank —, District of Columbia, Bloomberg, Getty, National Consumer Law, Signature Bank, Asset Unit Locations: Chevy Chase , Maryland, U.S, Vietnam, Mount Everest, North Dakota, liquidating, Nepal, Marjorie Bloom Maryland, District, —, Maryland, PNC, New York, Cayman Islands, Washington ,

☆ Nobel Prize winner Katalin Karikó was 'demoted 4 times' at her old job. How she persisted: 'You have to focus on what's next'
▼ + stars: | 2023-10-06 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +6 min

On Monday, Karikó, along with her collaborator Drew Weissman, won the Nobel Prize in Physiology and Medicine. It's clear, and impressive, that Karikó didn't take those obstacles personally. Suhadolnik didn't receive the news well, she says. If you have a Ph.D. from an American Ivy League [university], that's better compared to if you have a degree from a foreign university." The type of work Karikó does, Feigl-Ding says, doesn't make splashy headlines, because groundbreaking work rarely does.

Persons: Pfizer Covid, Katalin, Drew Weissman, Karikó, didn't, Robert J, Suhadolnik, Susan, Suhadolnik didn't, Gregory Zuckerman's, I'm, wasn't, Eric Feigl, Ding, doesn't, Nobel, Albert Einstein didn't, Ding epidemiologist, Weissman Organizations: Pfizer, Moderna, CNBC, University of Pennsylvania, University of Szeged, Biological Research, Temple University, Uniformed Services University of, Health Sciences, New, Systems Institute, Harvard Medical School, American Ivy League, Universities, Systems, Harvard Medical Locations: Hungary, Philadelphia, Bethesda , Maryland, UPenn, United States, U.S, New England

☆ $9 billion cybersecurity startup Tanium is ditching its remote-work policy and mandating workers back to the office, leaked document shows
▼ + stars: | 2023-10-05 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +11 min

Otherwise, exemptions to the hybrid work policy will "only be granted in rare and exceptional cases" like documented medical reasons. Below is a copy of Tanium's hybrid work policy FAQ:Tanium Return to Office & New Hybrid Work Policy FAQQ: What is Tanium's new hybrid work policy? move to another city, state, county or country) the general expectation is that they will adhere to the hybrid work policy going forward. move to another city, state, county or country) the general expectation is that they will adhere to the hybrid work policy going forward. Additional Policy DetailsQ: Will exemptions from the hybrid work policy be provided?

Persons: Tanium, Dan Streetman, Orion Hindawi Organizations: Employees, Meta, Microsoft, Leadership Team, Team, Google, North, EMEA, Frankfurt, JP, KR, SharePoint Locations: North America, Emeryville , CA, Morrisville , NC, Addison , TX, Kirkland , WA, Bethesda, New York, Denver, Tampa , FL, Vancouver, Reading, Amsterdam, DE, Paris, Krakow, Tokyo, Osaka, Nagoya, Seoul, Singapore, SP

REUTERS/Kevork Djansezian Acquire Licensing RightsLONDON, Sept 27 (Reuters Breakingviews) - Microsoft’s (MSFT.O) gaming master plan is slowly coming together. But Microsoft’s gaming revenue was still around 8% of group sales, or $15 billion, for the year ended June 2022. Given these risks, it makes sense for Nadella to grow his exposure to those parts of the gaming market which are less likely to be upended by cloud gaming. It remains possible that cloud gaming is a dog that doesn’t bark – or at least not for some time. As a result of the Activision deal, Nadella has a hedge of sorts against cloud gaming happening too fast.

Persons: Kevork, Satya Nadella’s, Ampere, ”, GamesIndustry.biz, Nadella, George Hay, Katrina Hamlin Organizations: Activision, REUTERS, Reuters, Bethesda, Microsoft, Satya Nadella’s Activision, Ampere, Sony, Nintendo, Reuters Graphics, Netflix, Gamers, Xbox, PlayStation, Big Tech, Apple, HK, reckons, Competition, Markets Authority, CMA, Xbox Cloud Gaming, Ubisoft Entertainment, Ubisoft, Thomson Locations: Los Angeles , California, United States, U.S

The average interest rate for all credit card accounts hit 20.68% in May, the highest on record, according to most recent Federal Reserve data. "But credit cards do charge the highest interest rates of any mainstream consumer debt [by far]," he wrote in an e-mail. This is why it's so important to prioritize credit card debt payoff." Total credit card debt topped $1 trillion in the second quarter of 2023 for the first time ever. "Whenever the Fed has raised interest rates as they have, something usually tips or fails," he said.

Persons: Barry Glassman, Ted Rossman, Cardholders, Glassman, CreditCards.com, Rossman, Bankrate Organizations: CreditCards.com, Federal Reserve, Wealth, Westend61, Getty, Federal Reserve Bank of New, Silicon Valley Bank, Signature Bank Locations: Vienna , Virginia, North Bethesda , Maryland, Federal Reserve Bank of New York, Silicon, U.S

☆ Microsoft projects two new areas of growth for gaming, leaked document says: Mobile and ads
▼ + stars: | 2023-09-19 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

The document does not mention the $68.7 billion Activision deal, which had been announced months earlier. It shows gaming revenue doubling to $36 billion in the 2030 fiscal year, compared with a forecast of $18 billion for the 2022 fiscal year. Actual fiscal 2022 gaming revenue totaled $16.23 billion, according to an annual report. And it indicated that management saw revenue from mobile transactions reaching $2.6 billion, compared with none in fiscal 2022. The total of the two categories is $4 billion, or 11% of total gaming revenue.

Persons: Jacqueline Scott Corley, Corley, Phil Spencer, Candy, Spencer, Amy Hood Organizations: Microsoft, Federal Trade Commission, Activision Blizzard, U.S, Northern, Northern District of, Activision, Twitter, Yahoo, Xbox, King Digital Entertainment, United Kingdom's, Markets Authority, Ubisoft Locations: Northern District, Northern District of California

☆ Microsoft's Xbox plans revealed in emails tied to FTC case
▼ + stars: | 2023-09-19 | by ( Kevin Collier | ) www.cnbc.com time to read: +2 min

An attorney with the Federal Trade Commission (FTC) carries an XBOX game console box following a hearing at the Phillip Burton Federal Building and U.S. A huge collection of purported Xbox files related to the Federal Trade Commission's case against Microsoft have been published online, spilling some of the company's plans for the gaming console into public view. They include more than 100 documents, many of them partially redacted, related to Microsoft's Xbox plans. The files include emails from corporate executives like Microsoft Gaming CEO Phil Spencer and timetables for gaming releases. Some of the documents include Microsoft Gaming senior employees discussing the value of the exclusive hold they have on key video game titles.

Persons: Phillip Burton, Douglas Farrar, Phil Spencer, It's Organizations: Federal Trade Commission, Phillip Burton Federal Building, Federal Trade, Microsoft, U.S, Northern, Northern District of, Activision Blizzard, NBC News, Microsoft Gaming, Sony, Elder Locations: San Francisco , California, Northern District, Northern District of California

☆ Meet the Black students who were instrumental in developing the first Covid-19 shots
▼ + stars: | 2023-09-15 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +10 min

Among about two dozen scientists in Graham’s lab were three young students: Olubukola Abiona, Geoffrey Hutchinson and Cynthia Ziwawo. What the world didn’t know at the time was that those three students — Abiona, Hutchinson and Ziwawo — were doing the foundational work for those vaccines to eventually save lives. Geoffrey Hutchinson served in the Peace Corps and taught chemistry to high school students in Mozambique. The fruits of Abiona, Hutchinson and Ziwawo’s labor were evident this week as the United States began to roll out updated versions of the Moderna and Pfizer/BioNTech Covid-19 vaccines. Abiona, Hutchinson and Ziwawo all confirmed Wednesday that although they haven’t made their appointments yet, they plan to get the updated shots.

Persons: Barney Graham’s, Olubukola Abiona, Geoffrey Hutchinson, Cynthia Ziwawo, “, Graham, ‘, ’ ”, Hutchinson, ”, ” Ziwawo, Anthony Fauci, — Abiona, Ziwawo —, Ziwawo, Kizzmekia Corbett, ” Corbett, David Satcher, he’s, Valerie Montgomery Rice, “ They’re, Abiona, Hannah Montana, Austin Steele, CNN Abiona, BioNTech, “ It’s, Dr, Sanjay Gupta Organizations: CNN, Vaccine Research, National Institutes of Health, University of Washington, “, Vaccine Research Center, National Institute of Allergy, Diseases, Moderna, Morehouse School of Medicine, David Satcher Global Health Equity Institute, Association of American Medical Colleges, NIH, Disney, David Satcher Global Health Equity Summit, KPMG LLP, Indiana University School of Medicine, Case Western Reserve University, Peace Corps, United States, Pfizer, CNN Health, FDA, Food and Drug Administration, US Centers for Disease Control Locations: China, Bethesda , Maryland, Ziwawo, United States, Atlanta, Graham’s, Nigeria, Mozambique, Abiona, United

☆ Lockheed Martin trims F-35 jet delivery outlook
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +1 min

A Lockheed Martin F-35 fighter jet performs a flying display at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2023. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsSept 6 (Reuters) - U.S. weapons maker Lockheed Martin (LMT.N) on Wednesday cut its delivery outlook for its F-35 jets, and delayed deliveries of its updated Technology Refresh 3 (TR-3) jets. Bethesda, Maryland-based Lockheed added it expects to deliver its first TR-3 jet between April and June next year. The Pentagon had also delayed final delivery acceptance for F-35 jets, leading to a payment delay of about $7 million per jet. In July, the defense contractor had said completion of the software integration testing would likely cause delays to its TR-3 jet.

Persons: Lockheed Martin, Benoit Tessier, Nathan Gomes, Krishna Chandra Organizations: Lockheed, Paris, REUTERS, Pentagon, Thomson Locations: Le Bourget, Paris, France, Bethesda , Maryland, Bengaluru

☆ Microsoft gaming chief Phil Spencer says Starfield is seeing 'huge demand'
▼ + stars: | 2023-09-06 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Phil Spencer, CEO of Microsoft Gaming, appears at the Political Opening of the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Microsoft is seeing "huge demand" for its new Starfield video game, Phil Spencer, the software company's CEO of gaming, said Wednesday. Microsoft picked up the game through its $8.1 billion acquisition of game publisher ZeniMax, the parent of Bethesda. Spencer said Starfield is the most wish-listed game the company has had on the Steam game store. Spencer said tens of millions of Game Pass subscribers were getting a chance to play Starfield on Wednesday.

Persons: Phil Spencer, Spencer, CNBC's Steve Kovach, ZeniMax, Jim Ryan, Ryan, We've, we've, Starfield Organizations: Microsoft Gaming, Microsoft, Microsoft's Bethesda Game Studios, PlayStation, Gaming, Activision Blizzard, Sony Interactive Entertainment, Activision, Sony, Nintendo, Markets Authority, Ubisoft Locations: Cologne, Germany, Microsoft's, Bethesda, San Francisco

In the opening hours of the role-playing video game, it’s possible to land your spaceship on Earth’s moon or zip 16 light-years to Alpha Centauri. That sprawling celestial journey within Starfield, developed by Bethesda Game Studios, reveals both the tremendous potential and the monumental challenge of an open-world space adventure. Bethesda has hyped an expansive single-player campaign with 1,000 explorable planets. And expectations around the game, officially releasing on Sept. 6 after a 10-month delay, are nearly as vast. To compete, Microsoft went on a spending spree, acquiring Bethesda’s parent company in 2020 and agreeing to purchase Activision Blizzard in 2022, a $69 billion bet that is being challenged by regulators.

Persons: Starfield, It’s Organizations: Alpha Centauri, Bethesda Game Studios, Bethesda, Microsoft, Sony, Nintendo, Activision Blizzard Locations: Starfield

Sisters Shelia Miller, Debbie Taylor and Daphne Taylor of the Washington, D.C., area care for their mother, Ernestine Taylor. Managing health-related and long-term care expenses is also a challenge. Still experts say taking these five steps can help prevent burnout and financial stress for many family caregivers. You may also qualify for a dependent care tax credit for a percentage of up to $3,000 in qualified care expenses for one person or $6,000 for two people. Find support from a group or care specialistEmotional stress and burnout can add to the financial strain of caregiving.

Persons: Daphne Taylor, Debbie Taylor, Shelia Miller, Miller, Daphne, Ernestine Taylor, Debbie, There's, Barry Glassman, Glassman, there's, —, Anne Sansevero, they've, Sansevero Organizations: AARP, D.C, Finance, CNBC FA, Wealth, Medicaid, American Council, U.S . Department of Veteran Affairs, Resource Center, Caregiving, Life Care, Istock, Getty Locations: Alexandria , Virginia, Washington ,, Washington, Vienna , Virginia, North Bethesda , Maryland, U.S, medicaidplanningassistance.org

Today's "niche" companies and those seen as AI leaders are unlikely to be the biggest winners for long-term investors, said Barry Glassman, a certified financial planner and member of CNBC's Advisor Council. "I've been through this enough to see that the niche players early on may not, in fact, be the long-term plays," Glassman said. Dan Romanoff, senior equity analyst with Morningstar Research Services, echoed that sentiment, saying investors would be hard-pressed to find a good "pure play" AI company in which to invest today. I would ask the question: What company isn't an AI company nowadays? However, it's unclear if such companies will remain among the AI leaders as the technology develops, experts said.

Persons: Jaap Arriens, Barry Glassman, I've, " Glassman, OpenAI, chatbot, Glassman, DocuSign, Dan Romanoff, Romanoff Organizations: Getty, San, Wealth, AOL, Cisco, Morningstar Research Services, Microsoft, Nvidia Locations: San Francisco, Vienna , Virginia, North Bethesda , Maryland

☆ The 15 U.S. cities with the highest cost of living—San Francisco isn't No. 1
▼ + stars: | 2023-08-22 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

A composite score of 100 is the national average, and any score higher than 100 is above average. In Honolulu and San Francisco, other cities known for extreme housing costs, they're about three times the national average. Many of these affluent families reside in Manhattan and are able to afford opulent homes, pushing up average housing costs. In addition to housing, Manhattan has the highest miscellaneous living costs, including expenses like entertainment, alcohol and apparel. Data for the Cost of Living Index was collected from Jan. 1 through March 31, 2023.

Persons: Francisco's, Queens —, Warren Buffett Organizations: Council for Community, New, Honolulu :, Angeles, Diego :, Queens Locations: Manhattan, U.S, York, New York, Honolulu, Francisco, Brooklyn, Orange County , California, Long, Washington, Boston, Seattle, Diego, Arlington , Virginia, Oakland , California, Queens, Bethesda, Gaithersburg, Frederick , Maryland, Nassau County , New York, San Francisco, — Brooklyn, Harlingen , Texas

☆ Rupert Murdoch's new girlfriend always had a touch of glamour even as a research scientist in the 2000s, former colleague says
▼ + stars: | 2023-08-18 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

A former colleague told Insider he was aware she had a glamorous lifestyle. Rupert Murdoch's new flame, 66-year-old former scientist Elena Zhukova, always had a touch of glamor about her, but didn't flaunt it when she worked in the lab, a former colleague told Insider. Lee Slice, who shared an office with Zhukova in UCLA in the 2000s, told Insider he "wasn't really surprised" to see the retired molecular biologist on Murdoch's arm. "That was sort of a circle she interacted with, as well as the scientific community," Slice told Insider. Zhukova took her work as a scientist seriouslySlice said that at work, Zhukova was a fairly private person and that her lifestyle was not really visible in the office.

Persons: Elena Zhukova, Ruper, Rupert Murdoch's, Lee Slice, wasn't, Zhukova, Rupert Murdoch, Ann Lesley Smith, Westwood, Alexander Zhukova, Slice, It's, Dasha, Roman Abramovich, Stavros Niarchos II, Stavros Niarchos Organizations: Morning, Zhukova, UCLA, Fox Corp, Guardian, National Institutes of Health, Playboy, Yorker, Baylor College of Medicine, University of California, Financial Times, Tatler, Chelsea FC, Dasha Locations: Bethesda, Westwood, Beverly Hills, Los Angeles, Moscow, Soviet Union, Houston, British, Russian

Former Wall Street Journal reporter Jay Solomon poses for a photograph in front of a building in Bethesda, Maryland, U.S., September 28, 2022. REUTERS/Raphael Satter/File PhotoLaw Firms Dechert LLP FollowWASHINGTON, Aug 15 (Reuters) - Former Wall Street Journal reporter Jay Solomon has ended his lawsuit against Dechert LLP and two of its former partners, saying in a filing made public late on Monday that he was voluntarily dismissing his claims against the law firm. Dechert and its lawyers didn't return messages. Representatives for the other defendants in the suit, which is still active, didn't return messages. Dechert still faces other claims connected to the hiring of Indian hackers to win cases, including a lawsuit filed in New York last year by Solomon's former source, the aviation tycoon Farhad Azima.

Persons: Jay Solomon, Raphael Satter, Dechert, Solomon, Neil Gerrard, Farhad Azima, Bernadette Baum Organizations: Wall Street, REUTERS, WASHINGTON, Thomson Locations: Bethesda , Maryland, U.S, Philadelphia, India, Dechert, New York

☆ American Ewing extends Women's British Open lead as holder Buhai misses cut
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

[1/2] Jun 24, 2022; Bethesda, Maryland, USA; Ally Ewing plays her shot from the 18th tee during the second round of the KPMG Women's PGA Championship golf tournament at Congressional Country Club. Mandatory Credit: Scott Taetsch-USA TODAY Sports/File photoAug 11 (Reuters) - American Ally Ewing extended her lead at the Women's British Open to five shots with a second round 66, while holder Ashleigh Buhai missed the cut after shooting a 73 at Walton Heath Golf Club on Friday. Gaby Lopez, Alison Lee, Kim Hyo-joo and Lilia Vu all stand six shots behind Ewing. "I thought that was a great score by Ally (Ewing) this morning. South African Buhai's inconsistency saw her mix five bogeys with four birdies for a total score of three-over as she became the fourth consecutive defending champion to miss the cut.

Persons: Ally Ewing, Scott Taetsch, Ashleigh Buhai, Ewing, Charley Hull, Andrea Lee, Japan's Minami Katsu, Gaby Lopez, Alison Lee, Kim Hyo, Lilia Vu, Hull, Ally, Celine Boutier, Tommy Lund, Ken Ferris Organizations: KPMG Women's, Congressional Country Club, Walton Heath Golf Club, Scottish, Evian Championship, Thomson Locations: Bethesda , Maryland, USA, France, Gdansk

☆ Thursday's inflation data may be low, but don't expect the Fed to declare 'mission accomplished' yet
▼ + stars: | 2023-08-09 | by ( Jeff Cox | ) www.cnbc.com time to read: +6 min

But history has shown that inflation is stubborn and can last longer than expected once it becomes elevated and entrenched. "We can feel confident that inflation is moving in the right direction," said Mark Zandi, chief economist at Moody's Analytics. For instance, housing-related costs, which make up about one-third of the inflation index weighting, are dropping. In particular, they don't want to declare 'mission accomplished' too soon," he said Wednesday during an interview on CNBC's "Squawk on the Street." watch nowAt the macro level, the Fed rate hikes have appeared to do minimal damage.

Persons: Mandel Ngan, Dow Jones, Mark Zandi, Zandi, they're, Richard Clarida isn't, Clarida, Joe Biden, Patrick Reilly, Banks, Reilly, John Williams of, Patrick Harker Organizations: AFP, Getty, Federal Reserve, CPI, Moody's, Federal, of Labor Statistics, AAA, Atlanta Fed, CNBC, America Economic Survey Locations: Bethesda , Maryland, John Williams of New York, Philadelphia

☆ A Fight to Save Soldiers, From the Lab to the Battlefield
▼ + stars: | 2023-07-26 | by ( Tom Mueller | ) www.nytimes.com time to read: +2 min

Charles Barber’s “In the Blood” treats a consequential topic, and contains moments of real insight, drama and humor. Trouble is, Barber opens with several omissions and slights that left me on edge for the balance of the book. Barber begins his story about catastrophic bleeding and the urgent search for a cure, appropriately enough, in the savage battle for Mogadishu in 1993. More glaringly, the Army Rangers described on the raid actually played a supporting role to commandos from Delta Force, which Barber never mentions. Yet I wanted to trust this book, because it tells an important story in vivid, engrossing terms.

Persons: Charles Barber Reading, Charles Barber’s “, Barber, Mohamed Aidid’s, Aidid Organizations: U.S . Army, Army Rangers, Delta Force, millenniums, Navy Locations: Mogadishu, Somali, Bethesda

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