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☆ Fact Check-Hiroshima and Nagasaki hit by nuclear bombs in 1945, radiation dissipated
▼ + stars: | 2023-08-28 | by ( Reuters Fact Check | ) www.reuters.com time to read: +6 min

Instantly, 78,000 people were killed, a number that increased to 140,000 by the end of 1945, Reuters has reported, citing the Radiation Effects Research Foundation (here). LINGERING HEALTH EFFECTSThe most enduring evidence of the 1945 nuclear explosions in Hiroshima and Nagasaki is the testimonials of survivors (time.com/after-the-bomb/) and (here) and their well-documented health effects due to the blasts. The RERF Life Span Study (here) of long-term health effects has followed 120,000 residents since 1950, including 94,000 blast survivors and 27,000 unexposed people. Further reading about health effects from the bombings can be found (here). Hiroshima and Nagasaki were each bombed with a nuclear weapon in 1945, killing more than 200,000 people, but radiation and radioactive contamination dissipated and decayed quickly.

Persons: Oppenheimer, Jeffrey Hart, RERF’s, ” Hart, Derek Haas, it’s, ” Haas, Haas, RERF, Read Organizations: Reuters, Research, Radiation, Radiation Engineering, University of Texas, ” Locations: Hiroshima, Nagasaki, U.S, Japan, Austin

[1/2] William McGlashan Jr., a former Executive at TPG private equity firm facing charges in a nationwide college admissions cheating scheme, leaves the federal courthouse in Boston, Massachusetts, U.S., March 29, 2019. REUTERS/Brian SnyderCompanies TPG Capital Management LP FollowBOSTON, Aug 14 (Reuters) - A U.S. appeals court on Monday upheld the conviction of a former senior executive at the private equity firm TPG Capital for participating in a vast U.S. college admissions fraud scheme by paying $50,000 to rig his son's college entrance exam results. Carter Phillips, McGlashan's lawyer, said his "deeply disappointed" client was evaluating next steps, adding it was clear that ACT test scores were not "property," a necessary element of the fraud statute. More than 50 people pleaded guilty, including the actors Lori Loughlin and Felicity Huffman, who were among Singer's clients. Reporting by Jonathan Stempel in New York and Nate Raymond in Boston Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: William McGlashan Jr, Brian Snyder, William McGlashan's, McGlashan, Jeffrey Howard, William, Rick, Singer, Carter Phillips, McGlashan's, Lori Loughlin, Felicity Huffman, John Wilson, Gamal Aziz, Wilson, Jonathan Stempel, Nate Raymond, Matthew Lewis Organizations: TPG, REUTERS, Brian Snyder Companies TPG Capital Management, BOSTON, TPG Capital, U.S, Circuit, ACT, Yale, University of Southern, University of Southern California . Singer, Varsity, Thomson Locations: Boston , Massachusetts, U.S, Boston, Georgetown, University of Southern California, California, New York

☆ MediaMath founder Joe Zawadzki's 'Project Phoenix' looks to raise at least $10 million to help buy back the bankrupt adtech company
▼ + stars: | 2023-08-11 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

"Project Phoenix" is seeking to raise at least $10 million in a SAFE financing. Project Phoenix is being operated by team members of Zawadzki's VC fund AperiamVentures. Project Phoenix, registered as Phoenix Project Acquisition Inc., is raising the investment with a "post-money valuation cap" of $20 million — the maximum price at which investors can convert their SAFE investment notes into equity. A person familiar with the matter said it was likely Project Phoenix would need to raise further funds if it wins the auction. Correction: August 11, 2023 — An earlier version of this story misstated the date of bankruptcy auction.

Persons: Joe Zawadzki, Jeffrey Hirsch, Zawadzki, Hirsch didn't, MediaMath, MediaMath's Organizations: Phoenix, Inc, Google Locations: AperiamVentures, Delaware, York

☆ Finucane ends Britain's wait for women's sprint champion
▼ + stars: | 2023-08-09 | by ( Martyn Herman | ) www.reuters.com time to read: +2 min

GLASGOW, Aug 9 (Reuters) - Emma Finucane became the first British track rider to win the women's sprint gold at the World Championships for 10 years as she beat Germany's Lea Friedrich in the final on Wednesday. The 20-year-old beat two-time world champion Emma Hinze in the semi-final round and then proved too strong for Friedrich in the gold-medal ride, winning 2-0. But in Welsh rider Finucane they have unearthed a new force in women's sprinting just a year out from the Paris Olympics. "I get the feeling we're going to be talking about Emma Finucane for a very long time," Britain's former world champion Chris Boardman, commentating for the BBC, said. Finucane was beaten to gold by Hinze's Germany in the team sprint alongside Sophie Capewell and Lauren Bell but dominated a high-class field in the individual event.

Persons: Emma Finucane, Germany's Lea Friedrich, Emma Hinze, Friedrich, Australia's Ellesse Andrew, Hinze, Kevin Quintero, Aaron Gate, Spain's Albert Torres, Belgium's Fabio Van den, Becky James, Finucane, Chris Boardman, Sophie Capewell, Lauren Bell, Quintero, Harrie Lavreysen, Jeffrey Hoogland, Jack Carlin, Matthew Richardson, Japan's Shinji Nakano, Martyn Herman, Pritha Sarkar Organizations: GLASGOW, Spain's, Paris, BBC, Hinze's, Scottish, Thomson Locations: British, Welsh, Hinze's Germany, keirin

☆ Kopecky and Hoogland both win second golds at world championships
▼ + stars: | 2023-08-08 | by ( Martyn Herman | ) www.reuters.com time to read: +2 min

GLASGOW, Aug 8 (Reuters) - Belgium's Lotte Kopecky underlined her status as one of the best all-round cyclists of her generation when she claimed a second track title at the UCI World Championships with victory in the points race on Tuesday. Earlier, Dutch dominance of the men's sprint events continued as the 30-year-old Jeffrey Hoogland claimed a third successive 1km time trial world title. Kopecky also won the elimination race earlier in the championships and will be one of the favourites for the women's road race which concludes the championships on Sunday. Hoogland also won the men's sprint alongside Lavreysen and both of them will be going for a third gold in the keirin which reaches its conclusion on Wednesday. Lavreysen retained his men's sprint world title on Monday.

Persons: Lotte Kopecky, Jeffrey Hoogland, Georgia Baker, Britain's Neah Evans, Kopecky, Baker, Evans, Tsuyaka Uchino, Hoogland, Harrie Lavreysen, Matthew Glaetzer, Chris Hoy, Australia's Thomas Cornish, Lavreysen, Martyn Herman, Clare Fallon Organizations: GLASGOW, UCI, Tour de, Femmes, Lavreysen, Britain, Thomson Locations: Netherlands

☆ Native American artist Jeffrey Gibson will represent the United States at the 2024 Venice Biennale
▼ + stars: | 2023-07-28 | by ( Benjamin Sutton | ) edition.cnn.com time to read: +4 min

Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. (CNN) — Jeffrey Gibson, the Colorado-born, New York-based artist who is a member of the Mississippi Band of Choctaw Indians and of Cherokee descent, will represent the United States at the 2024 Venice Biennale, becoming the first Indigenous artist to have a solo exhibition in the US Pavilion. Gibson’s work mixes many traditions, combining techniques from Indigenous beading, weaving, metalwork and more with the formal language of hard-edged abstract painting, Pop Art sculpture. For his exhibition in Venice, Gibson will create installations inside the US Pavilion, on its exterior and in its courtyard, incorporating elements of performance and multimedia in addition to static works. Jeffrey Gibson Brian Barlow“The last 15 years of my career have been about turning inward and trying to make something I really wanted to see in the world,” Gibson, reflecting on his selection for the Biennale, told The New York Times.

Persons: — Jeffrey Gibson, Gibson, Jeffrey Gibson Brian Barlow “, ” Gibson, Kathleen Ash, Louis Grachos, Abigail Winograd, Jeffrey, ”, Milby, Venice —, ” Winograd, Ruth, Elmer Wellin, Leigh Bowery, Simone Leigh Organizations: The Art, CNN, Colorado -, Mississippi Band, Choctaw, Institute of American Indian Arts, Bard College, Biennale, New York Times, Portland Art Museum, SITE, Portland Museum of Art, US State Department, Boston’s Institute of Contemporary Art, Elmer Wellin Museum of Art, Hamilton College, Biennial, Gallery of Art, Buffalo AKG Art Museum, Denver Art Museum, Crystal Bridges Museum of American Art, Seattle Art Museum Locations: Colorado, New York, United States, Venice, Santa Fe , New Mexico, Navajo, Portland , Oregon, SITE Santa Fe, American, Oregon, New Mexico, Clinton , New York, Bentonville , Arkansas

☆ Up in Smoke: Canada’s Outdoor Summer Season
▼ + stars: | 2023-07-25 | by ( Vjosa Isai | More About Vjosa Isai | ) www.nytimes.com time to read: +1 min

Fishing trips to Canada are a tradition for Jeffrey Hardy and his three friends from Vermont. They have, since 2001, been anglers loyal to Quebec’s northern wilderness, where the walleye are plentiful and the cellphone service is not. This summer, the crisp forest air coveted by recreationists visiting Canada was instead polluted with smoke as wildfires have torn through millions of acres, blocking roads, destroying campgrounds and forcing tourism operators to scramble during peak season. “Everybody was excited to go because Canada had been shut down for all of Covid.”The country’s worst wildfire season on record is straining the outdoor segments of Canada’s tourism industry at a crucial time in its rebound from years of pandemic travel restrictions. Of the 28.6 million acres that have burned across the country so far, more than 11.6 million acres were in Quebec, the most of any province, according to data from the Canadian Interagency Forest Fire Centre.

Persons: Jeffrey Hardy, ”, Hardy Organizations: recreationists, Canadian Interagency Forest Fire Locations: Canada, Vermont, St, Albans, Vt, Bermuda, Quebec

☆ Political scientist discusses China-Japan ties and Saudi Arabia
▼ + stars: | 2023-07-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGetting 'buy-in' from Saudi Arabia may help Japan push back on China influence: Political scientistJeffrey Hornung of Rand Corporation discusses Japanese Prime Minister Fumio Kishida's trip to the Middle East says Saudi Arabia is a "very important actor" in increasing Japan's political influence.

Persons: Jeffrey Hornung, Fumio Organizations: Rand Corporation, Japanese Locations: Saudi Arabia, Japan, China, East

☆ Wall Street prepares for more gains this month after past week's breakout
▼ + stars: | 2023-06-16 | by ( Scott Schnipper | ) www.cnbc.com time to read: +6 min

For now, it's not a brighter economic picture or an exuberant earnings outlook pushing stocks higher. Another reason that some investors have come back to stocks is simply because the S & P 500 ended the week more than 23% above last October's low. "The next level of resistance is above 4,500 on the S & P. Historically, the market gains 14.5% on average between the 20% threshold level and the next decline of 5% or more. "Inflation peaked in June of last year and has been rapidly declining over the past 12 months. Trading the week after is often treacherous, Hirsch said, with the Dow Jones Industrials falling in 27 of the past 33 years and the S & P 500 down in 23 of 33 years.

Persons: it's, Sam Stovall, Clinton, Wells Fargo, Chris Harvey, Harvey, Jay Hatfield, Price, CarMax, Stovall, Jeffrey Hirsch, Hirsch, Dow Jones Industrials, York Fed's John Williams, Jerome Powell, Philip Jefferson, Lisa Cook, Adriana Kugler, Avid Bioservices, Patterson Cos, Christopher Waller, Michael Bloom, Fred Imbert, Alex Harring Organizations: Fed, CFRA, Microsoft, Infrastructure Capital Management, Consumer, PPI, FedEx, Darden, Dow, Housing, Financial, Enerpac, Avid, Banking, Accenture, Commercial Metals, P, PMI Locations: New York, York, Dublin

☆ Next week promises any debt deal relief may prove short-lived with jobs report, Fed decision looming
▼ + stars: | 2023-05-26 | by ( Scott Schnipper | ) www.cnbc.com time to read: +5 min

"The overhangs on the market this year [are] the debt ceiling negotiation, hawkish Fed commentary and a banking crisis. It appears we are going to get a debt ceiling deal over the weekend, which should help the market to stabilize." The problem for many on the Street is the action in the S & P 500 Tech Index, up more than 5% this week; the Nasdaq Composite , ahead about 2.5%; and the S & P 500 , with a 0.3% gain, masks so much weakness beneath the surface. The S & P 500 consumer staples, materials, health care and utilities were all down between 2.4% and 3.2% this week, and the Dow Industrials were lower 1%. Although the S & P 500 is 9.5% higher so far in 2023, only a few stocks are doing well. "

☆ Here's why Rolex watches are so expensive and how the brand gained its luxury status
▼ + stars: | 2023-04-29 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +6 min

With their precision manufacturing, specially sourced materials, and exceptional craftsmanship, Rolex watches have never come cheap, but neither were they out of financial reach for 1960s working professionals in search of perfect timekeeping and technical innovation. "Back then, anybody could afford a Rolex," Hess told Insider. Dealers would buy luxury watches in Switzerland to carry across the border and sell in Italy. That reputation has helped Rolex crush the competition with a quarter of the luxury watch market — more than double that of runner-up Omega. "They all buy the little wannabe Rolex brands in the beginning and finally, when they achieve success, they buy that Rolex."

☆ What to watch for in the markets in the week ahead: Monster tech earnings, then sell in May?
▼ + stars: | 2023-04-21 | by ( Scott Schnipper | ) www.cnbc.com time to read: +6 min

More than one third (35%) of the S & P 500 reports earnings next week — including megacaps Microsoft, Alphabet, Meta Platforms and Amazon — versus less than 12% in the week just ended and only 2% last week. So far this quarter, S & P 500 earnings are running 4.7% below the same period a year ago, Refinitiv data shows. Back then, the S & P 500 fell 19.4% from its April high to a low on October 3. Meanwhile, next week is the last full trading week before Wall Street's old adage to "sell in May and go away" takes hold. ET: FHFA Home Price index (February); S & P Case-Shiller home price indexes (February) 10:00 a.m.

But overall bank credit has been stalled at about $17.5 trillion since January. The response - less lending, tighter credit standards and higher interest on loans - was already taking shape. Hard data on bank lending and credit will come into play, augmenting topline statistics like unemployment and inflation that the Fed is focused on. Reuters GraphicsSENTIMENT WEAKENINGThe survey of large and small banks asks high-level questions - Are lending standards tighter or looser? A Dallas Fed bank conditions survey, conducted in late March after the two bank failures, indicated lending standards in that Fed regional bank's district have kept tightening, with loan demand falling.

☆ April is usually the best month for the Dow. Here’s how much it typically goes up and why
▼ + stars: | 2023-03-31 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

By comparison, the Dow has gained around 0.7% in an average month since 1950. April has historically been the second best month for the S & P 500 and fourth best for the Nasdaq Composite (and second best for Russell 1000 and third best for the Russell 3000). More good news: The Aprils of previous pre-election years have posted an even stronger average performance. Lately, the Dow Industrials have exhibited strength following the tax filing deadline, per the Almanac, which falls on April 18 this year. A March advance would mark a reversal from February, when the Dow Industrials lost 4.2% and briefly gave up all of its early 2023 gain.

[1/6] Philippines Air Force Acting Commanding General Ramon Guiang, Assistant Secretary of the Office of American Affairs Jose Victor Chan-Gonzaga, Philippines defence chief Carlito Galvez Jr., U.S. Air Force Secretary Frank Kendall; U.S. REUTERS/Eloisa LopezBASA AIR BASE, Philippines, March 20 (Reuters) - The United States and Philippines will announce new sites as soon as possible for an expanded Enhanced Defense Cooperation Agreement (EDCA), which gives the Western power access to military bases in the Southeast Asian country. Leaders of local governments at the potential EDCA sites have backed the government's decision to allow the United States greater access to the bases, Philippines' defence chief, Carlito Galvez, said in a joint news conference with Kendall. Galvez and Kendall were leading a groundbreaking ceremony for the rehabilitation of the Basa Air Base's runway. The runway rehabilitation is part of $82 million the United States has allocated for infrastructure investments at the existing five EDCA sites.

☆ Wall Street's 'free lunch'? A simple holiday trade that tends to beat the market
▼ + stars: | 2022-12-20 | by ( Scott Schnipper | ) www.cnbc.com time to read: +1 min

The almanac's editor-in-chief Jeffrey Hirsch wrote that "this `free lunch' is an extremely short-term strategy reserved for the nimblest traders." Also listed on the table are the average percentage of analysts rating each one a buy and the potential upside represented by analysts' 12-month price targets. Five financial stocks also popped up: Capital One , Signature Bank , Extra Space Storage , Lincoln National and Global Payments . Three tech stocks, two utilities and one consumer non-discretionary and one healthcare stock each round out the screen. Salesforce and Signature Bank both offer potential upside of more than 70%, the highest of the 13, based on analysts' average price targets.

☆ Astronauts explain why nobody has visited the moon in 50 years — and the reasons are depressing
▼ + stars: | 2022-12-14 | by ( Dave Mosher | Hilary Brueck | ) www.businessinsider.com time to read: +15 min

The last time a person visited the moon was in December 1972, during NASA's Apollo 17 mission. But those stays during the Apollo program didn't establish a lasting human presence on the moon. Researchers and entrepreneurs have long pushed for the creation of a crewed base on the moon — a lunar space station. But many astronauts and other experts suggest the biggest impediments to making new crewed moon missions a reality are banal and somewhat depressing. During NASA's Apollo program, 12 people landed on the moon.

[1/2] A memorial is seen in the parking lot after a mass shooting at a Walmart in Chesapeake, Virginia, U.S. November 23, 2022. A system meant to help workers get compensated for workplace injuries could make it difficult for the lawsuit to succeed. But while many of those shootings occur in the workplace, employers are rarely held responsible. That is in part because nearly all U.S. states, including Virginia, require employers to buy workers compensation insurance to pay workers for medical expenses and lost wages stemming from workplace injuries. Workers' compensation is "a tough defense to overcome," said Jeffrey Harris, a Georgia-based plaintiffs' attorney who has handled numerous workplace injury cases.

☆ Sherri Shepherd has dreamed of having a talk show all her life. Next she wants an Emmy
▼ + stars: | 2022-11-01 | by ( Marianne Garvey | ) edition.cnn.com time to read: +6 min

CNN: You were on “30 Rock,” a comedy, and obviously “The View,” how are you finding having your own talk show? And then every week I’m flying out, and it’s always a phone call going this guest dropped out. How do you prepare for those days and know you’re gonna be equipped for that? Because what you’re supposed to do is make people laugh. You’re supposed to give them a good time.”How are you balancing work and life?

☆ 'The best buying opportunity': Why now is a good time to invest, according to a stock market historian
▼ + stars: | 2022-10-14 | by ( Ryan Ermey | ) www.cnbc.com time to read: 1 min

If you've looked at your portfolio lately, 2022 may not seem like a "sweet spot" for much of anything. But a "sweet spot" is exactly what Jeffrey Hirsch, a market historian and publisher of the Stock Trader's Alamanac, says investors can take advantage of now. Hirsch sees the market's decline in the first three quarters of 2022 not as a negative but as a potential entry point for investors. That's because since 1946, the S&P 500 has gained an average of 28.2% over the next five quarters after sinking for the first three of a calendar year, with no losses, according to the Stock Trader's Almanac. "We think the market is setting up for the best buying opportunity of the 4-Year Cycle," Hirsch recently wrote on his website.

☆ Over 40 FBI agents involved in search for Quinton Simon, missing Georgia toddler
▼ + stars: | 2022-10-10 | by ( Mirna Alsharif | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +2 min

More than 40 FBI agents and personnel are on the ground in Georgia assisting in the search for 20-month-old Quinton Simon, who has been missing since last week, according to police. The toddler was reported missing Wednesday morning from his home in an unincorporated part of Chatham County near Savannah. The Chatham County Police Department requested the FBI's help the day the toddler was reported missing, Chief Jeffrey Hadley said at a news conference on Monday. "We understand that people far beyond Chatham County have become emotionally invested in this incident and the search for Quinton and they want answers. Members of the FBI assist the Chatham County Police Department in the search for toddler Quinton Simon in Georgia, on Monday.

☆ Why celebrities are so interested in the unglamorous world of private equity
▼ + stars: | 2022-09-07 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

Now she’s entering the secretive, not-so-pretty world of private equity, aka the land of “vulture capitalists.”Here’s the deal: Kim K is partnering with Jay Sammons, a former executive with Carlyle Group, to launch SKKY Partners, a private equity firm that plans to invest in areas such as consumer products, hospitality, luxury, digital commerce and media. “If I was a celebrity, I would jump in and start a private equity fund,” Hooke says. First up, the iPhone 14 (yes, 14! The iPhone 14 will start at $799, the same starting price as last year’s iPhone 13. The larger iPhone 14 Plus model will start at $899.

☆ NASA's Perseverance rover is reliably producing oxygen. A scaled-up version could help astronauts breathe on Mars one day.
▼ + stars: | 2022-09-01 | by ( Paola Rosa-Aquino | ) www.businessinsider.com time to read: +5 min

A toaster-sized device called MOXIE is tucked inside NASA's Perseverance rover, which landed on Mars in 2021. NASA's Perseverance rover descends onto Mars, on February 18, 2021. The oxygen atoms then combine with each other to produce oxygen gas. MOXIE splits carbon dioxide into carbon monoxide and oxygen atoms, before the single oxygen atoms combine to make breathable oxygen. Researchers imagine a jumbo version of MOXIE, approximately 100 times larger, could produce oxygen at the same rate as several hundred trees.

☆ Cannabis execs and employees are struggling to get mortgages and having their bank accounts canceled — even though the industry is legal in many states
▼ + stars: | 2022-06-06 | by ( Jeremy Berke | ) www.businessinsider.com time to read: +5 min

Steven Kemmerling — the CEO of CRB Monitor, a corporate-intelligence firm that helps financial institutions navigate the cannabis industry — told Insider he sees problems like this frequently and doesn't see a fix coming soon. Banks are wary of taking risks"Getting loans and bank accounts is still a challenge for anyone in the industry," he said. 'There's still a level of discrimination happening'Several other cannabis execs told Insider they'd experienced banking problems too. Herold told Insider that their mortgage was denied less than a week before when they were supposed to close on their new home. Kemmerling told Insider that even if the SAFE Act passes, it won't be the "panacea," or cure-all, that many expect it to be.

☆ How to land a job in private equity, from Blackstone to Apollo, KRR, General Atlantic, and more
▼ + stars: | 2022-06-03 | by ( Business Insider | ) www.businessinsider.com time to read: +6 min

Private equity is a rewarding but challenging field to break into. Here is what we found about pay at private equity firms, including Blackstone, Apollo, and Bain Capital. Private equity recruiting has been starting earlier than ever Getty ImagesPrivate equity firms like to recruit from investment banks. These days, the private equity recruiting process has started earlier than ever, and it's resulting in middle-of-the-night interviews with offers being made — and blown up — all before Labor Day. General Atlantic managing director Alex Crisses walked Insider through the growth-equity investment firm's elite summer souring internship.

Persons: Jeffrey Hamilton, Alyssa Powell, Blackstone, Samantha Lee, Drew Angerer, Skye Gould, Jon Gray, Grace Koo, Read, Sara Diniz, Carlyle, Alex Crisses, Thoma Bravo, —, Warburg Pincus, Wharton's, Axel Springer Organizations: Blackstone, KKR, Morning, Getty, Apax Partners, Oaktree, of Foreign Labor, Apollo, Bain Capital, Labor, KKR KKR, General Atlantic, PJT Partners, Partners, dealmakers, Wall, University of Michigan Locations: Carlyle, Blackstone, Axel

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