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DOUBLE DIP Landed Interiors & Homes, which is based in New York City, draped a couple of matte-black adjustable pendants above a kitchen island in Piedmont, Calif. Photo: Haris KenjarHAVE YOU ever yearned to yank the ceiling light in your kitchen closer to the radishes you’re julienning? Adjustable pendants can get you out of your own way. London designer Susie Atkinson thrifted a 1960s double adjustable pendant for a local Queen-Anne style kitchen. This discreet concealing trick is still available on some models, but Los Angeles interior designer Martha Mulholland, for one, admires the visible, “industrial meets decorative” look of those with visible ballast. “It’s a design born out of a practical function,” said Ms. Mulholland.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Don't buy, don't buy, don't buy Piedmont Lithium"Mad Money" host Jim Cramer weighs in on stocks, including Hudson Tech, Big Lots, Viking Thera, Piedmont Lithium, Best Buy, Lithium Americas and HCA Holdings.
An ongoing pilot shortage has plagued US airlines since travel came roaring back post-pandemic. While some organizations — like the Regional Airline Association advocacy group — have praised the legalization, the Air Line Pilots Association has opposed it, Reuters reported. Increasing pilot payRegional flying has been particularly impacted by the pilot shortage, forcing airlines to slash dozens of flights to small markets and even ground regional jets. Other regional carriers like Mesa Airlines, Republic Airways, and Delta's wholly-owned airline Endeavor Air have also gotten pay increases. Lowering training requirementsRegional carrier Republic recently asked the FAA to reduce the flight hour requirement for pilots graduating from its LIFT pilot training academy.
An American Airlines employee was pronounced dead after a crash in Texas on Thursday. The worker died after a vehicle crashed on the tarmac at Austin-Bergstrom International Airport. An American Airlines employee died when a vehicle he was driving crashed into a jet bridge at an airport in Texas. The incident occurred outside the terminal where aircraft park, Austin-Bergstrom International Airport said in a statement on Twitter. An American Airlines representative told Insider: "We are devastated by the accident involving a team member at Austin-Bergstrom International Airport.
British supporters gesture during the opening ceremony of the XXI World Transplant Games 2017 in Malaga, Spain on June 25, 2017. Jorge Guerrero/AFP/Getty ImagesWhat are the World Transplant Games? The World Transplant Games is not a household name like the Special Olympics or the Susan G. Komen Race for the Cure. The Road Race starts at the 2019 World Transplant Games in Newcastle-Gateshead, United Kingdom. Price is currently recovering from a non-transplant related surgery, but said she’s ready to make her second appearance at the World Transplant Games.
The local utility in charge of overseeing the interconnection process told Pine Gate it would be more than $30 million. Pine Gate had to terminate the project because it couldn't afford the new fees, its vice president of regulatory affairs, Brett White, told CNBC. "Those projects ended up withdrawing from the queue or terminating, because they don't pencil anymore," White told CNBC. "There is Texas, and then there's the rest of the country with respects to interconnection," White of Pine Gate told CNBC. And that means getting those engineers out of some of the rote manual data entry and into the actual analysis," White told CNBC.
Citi issues several credit cards for American Airlines, including the Citi® / AAdvantage® Platinum Select® World Elite Mastercard®. Citi AAdvantage Platinum Select Review: Is It the Best Airline Credit Card for You? How to earn miles with the Citi AAdvantage Platinum Select cardThe Citi® / AAdvantage® Platinum Select® World Elite Mastercard® is a good choice for American Airlines purchases, as well as other everyday spending in popular categories. What credit score do you need for the Citi AAdvantage Platinum Select card? Methodology: How we reviewed the Citi AAdvantage Platinum SelectInsider's experts compared the Citi® / AAdvantage® Platinum Select® World Elite Mastercard® to other American Airlines and competitor airline credit cards.
Kurt Schlosser pleaded guilty to profiting over $28,883 off knowledge of Tesla's deal with a mining company. He'll be released on the condition of "good behavior," but can't manage a company for five years. Spokespeople for Tesla and Piedmont Lithium did not respond to a request for comment ahead of publication. Tesla first announced a five-year agreement with Piedmont Lithium in 2020 on the heels of the electric-car maker's "Battery Day." At the time of the announcement, shares of the mining company surged as much as 83% to their highest level since 2007.
March 21 (Reuters) - A former director of Tesla Inc's (TSLA.O) Australian unit was sentenced to two years and six months imprisonment and will be released immediately on the condition of "good behaviour", Australia's corporate watchdog said on Tuesday. The sentence follows the former director's guilty pleas to two insider trading offences tied to a supply deal the electric-car maker signed with Piedmont Lithium Inc (PLL.O) in 2020, according to the Australian Securities and Investments Commission (ASIC). Schlosser sold the shares for a realised profit of $28,883.53 after the agreement became public, according to the watchdog. The regulator added that Schlosser communicated information to a friend "in circumstances where it was likely" that the person would acquire Piedmont shares. Tesla and Piedmont Lithium did not immediately respond to Reuters' requests for comments.
In 2021, Piedmont invested $100 million in Atlantic Lithium (A11.AX) to secure spodumene - high-purity lithium ore - from Atlantic's mine in Ghana. Piedmont has a spodumene supply agreement with electric vehicle maker Tesla Inc (TSLA.O). Shares of Piedmont were last up 3.2% after falling as much as 6.6% on the report. Blue Orca alleged that Atlantic obtained key Ghana mining licenses by making secret payments and promises of payments to the immediate family of a high-level politician in Ghana. Piedmont and Atlantic Lithium did not immediately respond to requests for comment on the report.
Tesla wants to make lower cost electric vehicles, as a key part of its plan to fend off challenger. Still, given Tesla's delivery of roughly 1.3 million vehicles last year, it clearly has a long way to go to hit Musk's goal. The growing portion of Tesla's LFP vehicles have, in part, been the result of a deal it struck with Chinese battery supplier CATL in 2020. Tesla and the rush for lithiumA lack of supply chain controls hinders efforts to produce low-cost EVs. The company started to take steps towards taking control of lithium supply into its own hands.
For 100 of those applicants, the Energy Department has hired staff to provide business development advice and "intense mentorship," Jigar Shah, head of the Energy Department's Loan Programs Office, told Reuters on the sidelines of the CERAWeek energy conference in Houston. Given the rapidly evolving technologies in the clean energy space, Shah said the department might shorten loan terms. If we think that that's a risk, then we just change the terms of the loan," Shah said. The LPO office would like more applications from electric utilities and oil and gas companies for projects designed to reduce emissions, as well as geothermal companies, Shah said. Commercial debt markets are "less interested in the more innovative approaches that (wind companies) are taking.
CivMetrics ranked the cheapest and most expensive airports in the U.S. based on average flight costs. Among the busiest airports, Ted Stevens Anchorage International in Alaska was the most expensive, with an average flight price of $540. On the other end, St. Pete Clearwater International in Florida, where flight costs average around $147, ranked as the cheapest airport. Washington Dulles International Airport in Dulles, Virginia, came in third place. The Ted Stevens International Airport is a critical supply chain hub.
Feb 21 (Reuters) - Australia's graphite developer Magnis Energy (MNS.AX) on Tuesday said it has signed a binding offtake deal with Tesla Inc (TSLA.O) to supply battery anode materials for a minimum three-year term beginning February 2025. The deal comes while automakers race to secure the supply of critical minerals as the world shifts to decarbonise and diversify global supply chains away from China, the world's biggest producer of electric vehicle batteries. Australia is beefing up its supply of critical minerals to the global auto industry, with BHP group (BHP.AX), Syrah Resources (SYR.AX), Liontown Resources(LTR.AX) and Piedmont Lithium having agreed to supply these minerals to Tesla. Magnis aims to secure a final location for its commercial AAM facility in the U.S. by June 30, and commence production by February 2025. Reporting by Nausheen Thusoo in Bengaluru; Editing by Sandra Maler and Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
LG Chem Buys Stake in North Carolina Lithium Miner
  + stars: | 2023-02-20 | by ( Yusuf Khan | ) www.wsj.com   time to read: +3 min
South Korea’s LG Chem will take a stake in Piedmont Lithium Inc., boosting its North American presence and banking on incentives to scale up its role in U.S. electric-vehicle supply chain. LG Chem will commit $75 million to Piedmont in return for a 5.7% stake in the miner, whose shares are listed on the Nasdaq and Australian Securities Exchange. PREVIEWThe U.S. is our key market and by preemptively securing raw materials this deal allows LG Chem to provide North American customers with products that satisfy IRA standards, said Mr. Hak-Cheol Shin, Vice Chairman and CEO of LG Chem in a statement. LG Chem is planning to build a $3 billion cathode plant in Clarksville, Tenn., slated to open in 2027. Already, Piedmont has an existing contract to supply Tesla with 50,000 tons annually until 2025, in addition to its new LG Chem supply deal.
S&P 500 tradingMicrosoft Corp <MFST.O> fell 1.6% and Nvidia (NVDA.O) dipped 2.8%, both weighing on the S&P 500 as the yield on 10-year Treasury notes hit a three-month high. Of the 11 S&P 500 sector indexes, six rose, led by consumer staples (.SPLRCS), up 1.29%, followed by a 1% gain in Utilities (.SPLRCU). For the week, the S&P 500 fell 0.3%, the Dow lost 0.1% and the Nasdaq climbed 0.6%. Advancing issues outnumbered falling ones within the S&P 500 (.AD.SPX) by a 1.1-to-one ratio. The S&P 500 posted eight new highs and one new low; the Nasdaq recorded 75 new highs and 68 new lows.
Lithium miner Sigma jumps on report Tesla considering buyout
  + stars: | 2023-02-17 | by ( ) www.reuters.com   time to read: +2 min
Feb 17 (Reuters) - U.S.-listed shares of Sigma Lithium Corp rose 21% in extended trading on Friday after Bloomberg News reported that Tesla Inc (TSLA.O) was weighing a takeover of the Canada-based battery metals miner. Tesla and Sigma Lithium did not immediately respond to Reuters requests for comment. U.S. stock of Sigma Lithium, which has a market capitalization of $3.21 billion, nearly trebled in value last year. Tesla and other automakers routinely talk to mining companies of all sizes about potential supplies of lithium and other EV metals without necessarily signing contracts. Tesla also has supply contracts for nickel, lithium and a range of other EV metals from suppliers across the globe.
There are "continued calls for violence directed at U.S. critical infrastructure," the agency warned last February, "as a means to create chaos and advance ideological goals." Law enforcement and utility companies, though, say they're working to resolve the open cases and prevent future attacks. Members of accelerationist groups have been charged with several plots in recent years to attack critical infrastructure. "The critical infrastructure element has become one of the core components of neo-fascist accelerationist movements in the US. "They don't really care who is doing the violence, who's doing the critical infrastructure attacks, Lewis said.
The Bargain Barolo: Drink This Italian Wine Now
  + stars: | 2023-01-27 | by ( Lettie Teague | ) www.wsj.com   time to read: 1 min
JUST ABOUT every great wine has a “good” counterpart: a wine made from the same grape in the same place but in a more accessible and/or affordable style. For lovers of Barolo and Barbaresco, the great wines from the Langhe region in Piedmont, Italy, that wine would likely be Langhe Nebbiolo. It’s made from the same grape in the same place, but unlike its superstar counterparts, it’s incredibly cheap. How much does a Langhe Nebbiolo actually resemble a Barolo or Barbaresco? I’d say it depends on where the grapes were sourced, how the wine was vinified and, perhaps most important, how much pride the producer takes in making a “lesser” wine.
An airline worker killed in a Dec. 31 incident at an Alabama airport was exposed to multiple warnings about the dangers of being near running jet engines, the National Transportation Safety Board said. It noted examples of when workers were warned to stay clear of running jet engines when planes are stopped on the ground. The worker was not named in the NTSB report. An excerpt from American Eagle’s ground operations manual that was included in the NTSB report echoed those points. During that walk along the wing, the employee got too close to the running engine and was killed, the NTSB said.
For first-time homebuyers like Talej, the outlook has never been bleaker. This unfortunate combination means first-time buyers are waiting longer to purchase homes and winning out with less frequency than ever before. And during that year, first-time buyers accounted for just 26% of all home purchases, the lowest percentage ever, according to the NAR. The percentage of first-time homebuyers who were white hit a two-decade high of 88% last year, up from 83% in 2003. These trends only compound the bad economic news for millennials, who make up the majority of today's first-time buyers.
First-time homebuyers are 'royally screwed'
  + stars: | 2023-01-22 | by ( James Rodriguez | ) www.businessinsider.com   time to read: +13 min
For first-time homebuyers like Talej, the outlook has never been bleaker. And during that year, first-time buyers accounted for just 26% of all home purchases, the lowest percentage ever, according to the NAR. The racial makeup of first-time homebuyers also set records in 2022, but the lack of progress in Black homeownership was perhaps most shocking. The percentage of first-time homebuyers who were white hit a two-decade high of 88% last year, up from 83% in 2003. Hope is a fickle thingThere's some slight relief on the horizon for first-time homebuyers.
Today, there are 54 Hispanic American banks and credit unions that are FDIC or NCUA insured around the US. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated in September 2022. In our list of Hispanic American-owned banks and credit unions, many of the institutions listed offer customer support in Spanish and English. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. To help you learn more about a specific Hispanic American-owned bank or credit union, we've included links to reviews of individual institutions.
Doctors are calling on the public to familiarize themselves with lifesaving CPR techniques after Buffalo Bills safety Damar Hamlin suffered cardiac arrest during a football game Monday night in Cincinnati. Hamlin received CPR, which stands for cardiopulmonary resuscitation, to restore his heartbeat on the field, the Bills said in a statement. The American Heart Association said it saw a 200% increase in web traffic to its CPR site after news of Hamlin’s cardiac arrest emerged. More than 30 states require public school students to learn CPR before high school graduation. Another possible solution, Toft said, is for the U.S. to require CPR training to obtain driver’s licenses — a strategy deployed in some Scandinavian countries.
Cramer's lighting round: Stay away from Blackline
  + stars: | 2023-01-04 | by ( Krystal Hur | ) www.cnbc.com   time to read: 1 min
Those are the ones I'm trying to get people to stay away from." Way too speculative. Loading chart...Oramed Pharmaceuticals Inc : "This thing has had way too big a move. It's way too speculative." Disclaimer: Cramer's Charitable Trust owns shares of Eli Lilly.
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