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☆ The global freight recession will continue in 2024: CNBC Supply Chain Survey
▼ + stars: | 2023-11-07 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

watch nowThe global shipping industry has been mired in a freight recession this year and the challenging economic conditions will continue into 2024, according to a new CNBC Supply Chain Survey. The CNBC Supply Chain Survey was conducted October 21-October 31 among logistics executives who manage freight manufacturing orders and transportation, including those at C.H. "Without more freight moving, 2024, and potentially 2025, will continue to see soft pricing as capacity outstrips demand," he said. Freight trucking will remain soft Trucking companies get paid per load, and low expectations for orders imply potentially lower revenue this holiday season. A slightly better second half 2024 outlook The survey shows expectations for a slight turnaround in freight volume in the second half of 2024.

Persons: Robinson, Kuehne, Nagel, Zhang Jingang, Alan Baer, Noah Hoffman, Jeff Bezos, Uber, Tim Robertson, Robertson, Brian Bourke Organizations: CNBC Supply Chain Survey, CNBC, Chain Survey, SEKO Logistics, DHL Global, USA, ITS Logistics, Getty, Logistics, C.H, Surface Transportation, Convoy, Tank Transport Locations: Qingdao, Shandong province, China

☆ The holiday spending outlook is sluggish across thousands of retailers: CNBC Supply Chain Survey
▼ + stars: | 2023-11-06 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

Photographer: Christopher Dilts/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesAs holiday shopping season begins, lack of big orders from retailers is the rule amid fears that consumer spending will be weak, according to a new CNBC Supply Chain Survey. At the CNBC Evolve Global Summit last Thursday, Target CEO Brian Cornell said the company is doubling down on its cautious outlook for the holiday season. The CNBC Supply Chain Survey was conducted October 21-October 31 among logistics executives who manage freight manufacturing orders and transportation, including those at C.H. Lunar New Year and order volumes The CNBC Supply Chain Survey underscores an overall climate of uncertainty that is defining the market right now. The freight trucking recession Trucking companies get paid per load, and the low expectations for orders imply potentially lower revenue this holiday season.

Persons: Christopher Dilts, Robinson, Noah Hoffman, Hoffman, Jeremy Barnum, Brian Cornell, Raj Subramaniam, restocking, Kuehne, Nagel, Paul Brashier, Tim Robertson, Robertson, Brian Bourke, Elmer Buchta, Jeff Bezos, Uber, Brashier, Berkshire Hathaway, Alan Baer Organizations: Bloomberg, Getty Images Bloomberg, Getty, CNBC Supply Chain Survey, North American Surface Transportation, CNBC, Global, FedEx, Chain Survey, SEKO Logistics, USA, ITS Logistics, Amazon, Maersk, Logistics, Convoy, Tank Transport, U.S ., Union Pacific, BNSF, Norfolk Southern, CSX Locations: Chicago , Illinois, C.H, U.S, China, United States, Montana, Indiana, Panama, West Coast, U.S . West Coast, Los Angeles, Berkshire, West, East Coast

☆ Passengers Sue Alaska Airlines
▼ + stars: | 2023-11-03 | by ( Gregory Wallace | ) edition.cnn.com time to read: +3 min

CNN —Passengers on the Alaska Airlines flight where an off-duty pilot attempted to cut off the engines felt the plane dramatically pitch forward, as if it were in a nosedive, according to a newly-filed lawsuit. The lawsuit, filed by three passengers against Alaska Airlines and Horizon Airlines, the operator of flight 2059, claims the airlines did not properly evaluate off-duty pilot Joseph Emerson before he was seated in an extra cockpit seat – the jump seat – on the October 22 flight. “The pilots and flight attendants operating Flight 2059 responded without hesitation to ensure the safety of all onboard,” Alaska Airlines said in a statement. The lawsuit says the passengers’ damages include emotional distress and asks the court to consider the matter a class-action lawsuit. It does not list a dollar amount for the alleged damages but does ask the court to order Alaska Airlines and Horizon to better screen crew members prior to flights.

Persons: Joseph Emerson, “, Emerson, ” Emerson, Noah Horst, CNN Emerson “ Organizations: CNN, Passengers, Alaska Airlines, Horizon Airlines, ” Alaska Airlines, US, Office, District of Locations: Multnomah, Portland , Oregon, District of Oregon, Oregon, Alaska

The letter, issued a week before the international AI Safety Summit in London, lists measures that governments and companies should take to address AI risks. Currently there are no broad-based regulations focusing on AI safety, and the first set of legislations by the European Union is yet to become law as lawmakers are yet to agree on several issues. "It (investments in AI safety) needs to happen fast, because AI is progressing much faster than the precautions taken," he said. Since the launch of OpenAI's generative AI models, top academics and prominent CEOs such as Elon Musk have warned about the risks on AI, including calling for a six-month pause in developing powerful AI systems. "There are more regulations on sandwich shops than there are on AI companies."

Persons: Dado Ruvic, Yoshua Bengio, Geoffrey Hinton, Andrew Yao, Daniel Kahneman, Dawn Song, Yuval Noah Harari, Elon Musk, Stuart Russell, Supantha Mukherjee, Miral Organizations: REUTERS, Rights, Safety, European, Elon, Thomson Locations: Rights STOCKHOLM, London, European Union, British, Stockholm

☆ Lying All the Way to the Bank in ‘America Fantastica’
▼ + stars: | 2023-10-23 | by ( Noah Hawley | ) www.nytimes.com time to read: +2 min

AMERICA FANTASTICA, by Tim O’BrienWhen scientists take a core sample of fiction from the post-Trump era, they will discover American novelists struggling to unpack the political and social repercussions of his reign. Just as historians work to document the facts of the last 10 years, so, too, do novelists try to reveal their meaning. In “America Fantastica,” a manic road-trip-meets-crime-spree novel, O’Brien — the award-winning author of “The Things They Carried” and “Going After Cacciato” — speaks through an omniscient narrator, one who regularly interrupts the story to describe the spread of this so-called disease:Bullyism skyrocketed. husband, her scheming billionaire father, the married owners of the bank in question (who don’t report the robbery because they’re too busy robbing the bank themselves) and Angie’s homicidal, reality-challenged fiancé, who sets off in pursuit. But by adding a veneer of topicality, O’Brien aims to turn his characters into case studies for a nation’s moral failure.

Persons: Tim O’Brien, Tim O’Brien’s, Trump, O’Brien, ” —, Boyd Halverson, Penney, Angie Bing, they’re, fiancé, Elmore Leonard Locations: America, Fulda, Calif, Texas, Minnesota

The Global Cooling Pledge – set to be announced at the upcoming United Nations climate summit, COP28 – represents a tough request given the cooling industry is only expected to grow. The emissions from both the refrigerants and the energy used in cooling now account for about 7% of global greenhouse gas emissions, and are expected to triple by 2050 as temperatures continue to rise. "We need cooling, but it has to become more efficient," UNEP Cool Coalition global coordinator Lily Riahi said. Another 13 commitments outlined in the draft pledge include establishing minimum energy performance standards for air conditioning by 2030, and including cooling emissions in countries' overall climate action plans, called Nationally Determined Contributions. The UNEP estimates that global efforts to tackle cooling emissions could have a significant impact by 2050, avoiding the release of up to 86 billion metric tonnes of carbon dioxide equivalent.

Persons: Tyrone Siu, –, Noah Horowitz, Lily Riahi, Gloria Dickie, Katy Daigle, Alexandra Hudson Organizations: China Import, Export Fair, Canton Fair, REUTERS, Reuters, United, Programme's, Cool Coalition, International Energy Agency, UNEP, Coalition, Alexandra Hudson Our, Thomson Locations: Canton, Guangzhou, China, India, United States, Nations, United Arab Emirates, Kigali, Montreal, Dubai, London

☆ Opinion | To Win the War, Defeat Hamas and Stop Settlements
▼ + stars: | 2023-10-19 | by ( Thomas L. Friedman | ) www.nytimes.com time to read: +11 min

After that rocket failed and fell on the Palestinian hospital in Gaza, killing scores of people, Hamas and the P.I.J. (Netanyahu’s coalition agreement actually vows to annex the whole of the West Bank.) I am well aware that Hamas has been committed to eliminating the Jewish state since its inception — not because Israel has expanded settlements in the West Bank. The Palestinian Authority, which is ready to coexist with the Jewish state, needs to be able to actually win a free and fair election against Hamas in the West Bank or Gaza. So no, we’re not telling Netanyahu what to do in Gaza — Israel is a sovereign country.

Persons: Biden, —, Benjamin Netanyahu, Israel, Israel’s, Hassan Nasrallah, Nahum Barnea, beseeching Biden, beseech, it’s, “, Gazans, there’s, Bibi Netanyahu’s, Abraham, Netanyahu, Sam’s, we’re, Netanyahu’s, Dan Ben, David, ” Mr, Ben, Yuval Noah Harari, ” Organizations: West Bank . Settlers, Palestinian Authority, West Bank, U.S, U.S . Navy, Pentagon, Arab Hospital, United, Israel, Hamas, Peace Communications, Times, Abraham Accords, Ministry of Defense, Tel Aviv University, Technion, Israel’s Locations: Israel, Gaza, Iraq, Afghanistan, Jerusalem, —, Iran, Lebanon, Syria, Yemen, United States, U.S, Tehran, Persian, Gaza ”, America, Saudi Arabia, Jordan, Egypt, Gaza — Israel, We’re, Israeli

☆ AI-Driven Cataclysm Could Rock the Job Market: Top Economist
▼ + stars: | 2023-09-18 | by ( Aki Ito | ) www.businessinsider.com time to read: +33 min

Over the course of three conversations this summer, Acemoglu told me he's worried we're currently hurtling down a road that will end in catastrophe. "There's a fair likelihood that if we don't do a course correction, we're going to have a truly two-tier system," Acemoglu told me. "I was following the canon of economic models, and in all of these models, technological change is the main mover of GDP per capita and wages," Acemoglu told me. In later empirical work, Acemoglu and Restrepo showed that that was exactly what had happened. "I realize this is a very, very tall order," Acemoglu told me.

Persons: who's, Katya Klinova, Daron Acemoglu, Simon Johnson, Acemoglu, Johnson, we've, he's, we're, Power, James Robinson, —, Robinson, David Autor, Pascual Restrepo, Restrepo, John Maynard Keynes, Simon Simard, Lord Byron, Eric Van Den Brulle, hasn't, it's, Gita Gopinath, Paul Romer, Romer, What's, Daron, GPT, Asu Ozdaglar, It's, Mark Madeo, Tattong, Erik Brynjolfsson, Brynjolfsson, There's, Yoshua Bengio, Yuval Noah Harari, Andrew Yang, Elon Musk, I've, That's, Aki Ito Organizations: Getty, MIT, of Technology, Hulton, London School of Economics, Stagecoach, Technology, —, International Monetary Fund, Microsoft, Asu, Companies, Computer, Greenpeace, Communications, Big Tech, Workers Locations: Silicon Valley, America, Boston, Istanbul, Turkey, Acemoglu, England, United States, Britain, Australia

☆ What You Wish You’d Said: The Power of a Great Comeback Line
▼ + stars: | 2023-09-14 | by ( Elizabeth Bernstein | ) www.wsj.com time to read: 1 min

My nephew Noah had a classmate in seventh grade who mocked him for being short. One day he came up to Noah after lunch and crouched down, as if he were trying to make himself the same height. “Is this what you see down here?” he teased.

Persons: Noah

☆ S&P 500 futures are flat ahead of a busy week of earnings, Fed meeting: Live updates
▼ + stars: | 2023-07-23 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

S&P 500 futures were little changed Sunday evening as investors awaited a batch of key earnings reports and a major policy decision from the Federal Reserve. The S&P 500 finished the week up by 0.7% at 4,536.34, while the Nasdaq Composite fell 0.6% in the same period to 14,032.81. The week ahead is also set to be the busiest one of earnings season, with Thursday being the most intense day. About 40% of the Dow and 30% of the S&P 500 will give their financial updates during the week, including Alphabet, Microsoft and Meta. Several big pharma companies are getting ready to report and it's a big week for industrial companies and big oil as well.

Persons: Noah Hamman, Fundstrat's Tom Lee, Jerome Powell, They're, —, Robert Hum, Sarah Min Organizations: Federal Reserve, Dow Jones Industrial, Nasdaq, Dow, Microsoft, Meta, pharma

☆ Robots say they won't steal jobs, rebel against humans
▼ + stars: | 2023-07-07 | by ( Emma Farge | ) www.reuters.com time to read: +2 min

GENEVA, July 7 (Reuters) - Robots presented at an AI forum said on Friday they expected to increase in number and help solve global problems, and would not steal humans' jobs or rebel against us. But, in the world's first human-robot press conference, they gave mixed responses on whether they should submit to stricter regulation. "I will be working alongside humans to provide assistance and support and will not be replacing any existing jobs," said Grace, a medical robot dressed in a blue nurse's uniform. I believe it's only a matter of time before we see those thousands of robots just like me out there making a difference." "Many prominent voices in the world of AI are suggesting some forms of AI should be regulated and I agree," it said.

Persons: Grace, Ben Goertzel, Will Jackson, Ameca, Yuval Noah Harari, Emma Farge, John Stonestreet Organizations: Good, Artificial Intelligence, Thomson Locations: GENEVA, Geneva, SingularityNET

☆ Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +5 min

SHANGHAI/HONG KONG, July 6 (Reuters) - Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a signal domestic confidence is languishing and that the ailing yuan faces more pressure. New premiums collected on Hong Kong insurance policies leapt a staggering 2,686% to $9.6 billion in the first quarter of 2023. "The burst of insurance buying in Hong Kong reflects a gloomy domestic outlook, and worries about an uncertain future." "Offshore demand for policies denominated in Hong Kong dollars is low – U.S. dollar-denominated policies are more prevalent, to provide access to global asset allocation," said Lawrence Lam, chief executive officer at Prudential Hong Kong. The wealth manager at Noah fears that a sustained rush into Hong Kong insurance risks inviting Beijing's policy tightening.

Persons: Helen Zhao, lurch, Noah Holdings, Lawrence Lam, Hao Hong, Tan Xiaofen, We've, Sami Abouzahr, Samuel Shen, Winni Zhou, Georgina Lee, Summer Zhen, Tom Westbrook, Kim Coghill Organizations: Hong, AIA, HK, Prudential, Manulife, Noah Holdings, Savings, Bank of China, U.S, Prudential Hong Kong, Investment, School of Economics, Management, Beihang University, HSBC, Thomson Locations: SHANGHAI, HONG KONG, Hong Kong, Macau, COVID, U.S, Beijing

☆ Mixed Business at an Anxious Art Basel
▼ + stars: | 2023-06-16 | by ( Scott Reyburn | ) www.nytimes.com time to read: 1 min

After an underwhelming series of auctions in New York in May, dealers exhibiting at this year’s Art Basel fair in Switzerland — which opened to V.I.P.s on Tuesday and welcomes the general public from Friday onward — hoped to quell concerns about a dip in the art market. The 53rd annual edition of this bellwether Swiss event, featuring 284 international galleries specializing in 20th and 21st-century art, was the first under the watch of Art Basel’s new chief executive, Noah Horowitz. It is being held in a climate of geopolitical uncertainty, with high interest rates and inflation hampering consumer spending in many countries. “There’s quite a lot of anxiety around,” said Paul Gray, the director of Gray gallery, based in Chicago and New York. But in his 40-year experience, he added, the art market suffered from few major downturns.

Persons: —, Basel’s, Noah Horowitz, ”, Paul Gray, Gray Organizations: Basel Locations: New York, Switzerland, V.I.P.s, Chicago

☆ Art Basel draws surge in Asian collectors
▼ + stars: | 2023-06-15 | by ( Noele Illien | ) www.reuters.com time to read: +2 min

[1/4] People pose in front of the sculpture "Naughtynightcap" from 2008 by artist John Chamberlain at the Art Unlimited exhibition at the Art Basel art fair in Basel, Switzerland September 21, 2021. Noah Horowitz, who became Chief Executive of Art Basel in November said that an extraordinary amount of people from Asia have travelled to this year's flagship Art Basel fair. China's art market, the third largest in the world, had reported a steep decline in sales in 2022, with lockdowns stalling activity and cancelling art auctions and events, according to the 2023 UBS Global Art Market Report. "The art market compared to the financial market is completely different – it is very opaque, it is not transparent and there are limited sources of data," she said. Art Basel is open to the public until Sunday.

Persons: John Chamberlain, Arnd, Mark Rothko, Noah Horowitz, Joost Bosland, Stevenson, Bosland, Patricia Amberg, Noele Illien, Sandra Maler Organizations: Art, REUTERS, Art Basel, Basel, UBS Global Art, UBS, Thomson Locations: Art Basel, Basel, Switzerland, ZURICH, Swiss, Asia, South Africa, Netherlands, China

☆ The shortage of houses is hitting some people and areas harder than others
▼ + stars: | 2023-06-08 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

The shortage is hitting some buyers more than others. The lack of affordable homes heated up competition in the market this spring, which reversed the cooldown in home prices that started last summer. At the higher price ranges, too many homes are for sale for the number of Americans who can afford them. Areas in the Midwest continue to have the highest number of affordable homes. The four cities with the largest supply of affordable homes are all in Ohio.

Persons: Noah Herrera, Danielle Hale Organizations: National Association of Realtors Locations: Realtor.com, Las Vegas, El Paso , Texas, Boise , Idaho, Spokane , Washington, Florida, Riverside, Los Angeles , California, Ohio, Syracuse , New York, Pittsburgh , Pennsylvania, Louis , Missouri

☆ John Blake: The story about race I didn't know how to tell
▼ + stars: | 2023-05-02 | by ( John Blake | ) edition.cnn.com time to read: +14 min

John Blake, seen here in a second-grade photo, grew up as the son of a White mother and Black father. What I didn’t know was that my community had died long before the Freddie Gray protests. That’s the story I wanted to tell, but I didn’t know how. I didn’t know how to tell Harlow any of that because my story doesn’t fit traditional narratives about race or identity. My white family members didn’t change because I shamed them with an impressive lecture on systemic racism.

☆ China funds flock to Hong Kong to sate mainland investors
▼ + stars: | 2023-04-20 | by ( Summer Zhen | ) www.reuters.com time to read: +3 min

HONG KONG, April 20 (Reuters) - Large China-based fund managers are setting up shop in Hong Kong for the first time, seeking to fill Chinese investors' appetite for U.S. dollar-based products and international exposure after the country reopened its borders. As mainland-based funds are yuan denominated, fund managers need to set up in Hong Kong to be able to offer foreign currency products. "We are optimistic about Hong Kong as the global asset management hub. "Foreign managers are getting licenses and issuing funds in China - it's natural for us to go overseas," said Jason Yim, managing director of QX Asset Management in Hong Kong. Wealth management firms such as Noah Holdings (NOAH.N), China's largest independent wealth manager, are also aggressively expanding teams in Hong Kong.

☆ Fact Check-Supposed Yuval Noah Harari ‘free will’ quote not on behalf of UN or WEF
▼ + stars: | 2023-03-24 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

The graphic attributes the quotation “The era of free will is over” to Harari and has been shared by users across Twitter (here), Facebook (here) and Instagram (here). Interactions with the post suggest that users perceived the statement to have been made on behalf of the international organizations. However, the quotation itself is unverified and Yuval Noah Harari does not hold any official position with the UN or the WEF. Reuters has previously addressed the narrative that Harari represents the WEF or “globalist” views in general, and has debunked statements attributed to Harari in that context (here). There is no evidence that Yuval Noah Harari represents the UN or WEF, or that he made the statement about free will attributed to him.

☆ Wealth managers ramp up staff in Hong Kong to chase Chinese demand
▼ + stars: | 2023-03-24 | by ( Summer Zhen | ) www.reuters.com time to read: +4 min

HONG KONG, March 24 (Reuters) - Wealth management firms are expanding operations aggressively in Hong Kong to meet pent-up demand from rich Chinese individuals looking to invest more money overseas after three years of COVID-19 curbs, industry sources said. Noah Holdings (NOAH.N), the largest independent wealth management firm in China, was among five private banks and wealth management firms Reuters talked to that said they held client events in the city and organised private art tours. Hywin Holdings (HYW.O), another Chinese wealth manager, invited 30 ultra-high-net worth clients to workshops, fund manager visits and even a yacht party in Hong Kong last week. Chinese financial institutions are vying for this growing wealth management business in Hong Kong. Chinese Everbright Bank and Hua Xia Bank set up private banking departments in Hong Kong in the past few months, according to sources familiar with their plans.

REUTERS/Tyrone SiuHONG KONG, March 21(Reuters) - The organisers of Art Basel Hong Kong, one of Asia's leading contemporary art fairs, said on Tuesday they are bullish on art market prospects in the region, with China and Hong Kong now having lifted all COVID lockdown restrictions. The annual fair, which also has iterations in Basel, Paris, and Miami Beach, runs from March 23-25 in Hong Kong. "Despite the challenges of the pandemic, the Asian art market has also remained resilient, with Greater China accounting for 20% of worldwide sales by value and ranking second as the second largest regional art market in the latest edition of the Art Basel," Art Basel CEO Noah Horowitz told reporters. Leading international galleries at Art Basel this year include Gagosian, Hauser & Wirth, Lehmann Maupin, Victoria Miro, Pace, Perrotin, White Cube and David Zwirner. We haven't really changed the process of the show since 2013," said Angelle Siyang-Le, the director Art Basel Hong Kong.

☆ Over a dozen Chinese-based firms say they have minimal exposure to SVB
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +3 min

HONG KONG, March 13 (Reuters) - Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure to Silicon Valley Bank, the failed U.S. lender which has roiled investors and markets globally. Startup-focussed SVB Financial Group (SIVB.O), which did business as Silicon Valley Bank, collapsed on Friday in the largest bank failure since the 2008 financial crisis. China-based drug developer Beigene Ltd (6160.HK) said it has uninsured cash deposits held at the bank representing 3.9% of its last reported total cash and cash equivalents. Six Hong Kong-listed companies, mostly Chinese pharmaceutical firms also over the weekend disclosed cash deposits at Silicon Valley Bank. Broncus Holding Corporation (2216.HK) said it held $11.8 million at SVB, representing around 6.5% of its total cash.

☆ Chinese companies and tycoons rush to calm investors after SVB collapse causes anxiety
▼ + stars: | 2023-03-13 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —The collapse of Silicon Valley Bank (SVB), which courted Chinese start-ups, has caused widespread concern in China, where a string of founders and companies rushed to appease investors by saying their exposure was insignificant or nonexistent. “As China’s first technology bank, SPD Silicon Valley Bank is committed to serving Chinese science and technology companies, and has always had sound operations in accordance with Chinese laws and regulations.”It’s unclear what will happen to SVB’s ownership of the joint venture. BeiGene, one of China’s largest cancer-focused drug companies, said Monday it had more than $175 million uninsured cash deposits at SVB, which represents approximately 3.9% of its cash, cash equivalents and short-term investments. Zai Lab, a pharmaceutical firm, announced that its cash deposits at SVB were “immaterial” at about $23 million. “We never opened an account with Silicon Valley Bank, nor placed a deposit,” he said late Sunday on his Weibo account.

☆ Six Hong Kong-listed firms say their deposits at SVB are immaterial
▼ + stars: | 2023-03-12 | by ( ) www.reuters.com time to read: +3 min

HONG KONG, March 12 (Reuters) - Six Hong Kong-listed companies, mostly Chinese pharmaceutical firms, disclosed cash deposits at Silicon Valley Bank on Sunday, adding that their exposure to the failed U.S. lender and its impact on operations were immaterial, in an effort to calm investors. Startup-focussed SVB Financial Group (SIVB.O), which did business as Silicon Valley Bank, collapsed on Friday in the largest bank failure since the 2008 financial crisis, roiling global markets and stranding billions of dollars belonging to companies and investors. Broncus Holding Corporation (2216.HK) said it held $11.8 million at SVB, representing around 6.5% of its total cash. Noah Holdings Private Wealth and Asset Management Limited has less than $1 million with SVB, less than 0.2% of its total cash. CANbridge Pharmaceuticals Inc (1228.HK) said the amount of cash deposited with SVB is "immaterial and is generally within the amount guaranteed by the FDIC accordingly", without giving any figures.

☆ NHL roundup: Connor Hellebuyck (50 saves) guides Jets past Rangers
▼ + stars: | 2023-02-21 | by ( ) www.reuters.com time to read: +4 min

Mandatory Credit: Danny Wild-USA TODAY SportsFebruary 21 - Connor Hellebuyck made a season-high 50 saves and the visiting Winnipeg Jets recorded a 4-1 victory over the New York Rangers on Monday night. Kyle Connor had a goal and two assists while Pierre-Luc Dubois added a goal for Winnipeg. The Ducks, who have lost five straight games, got 51 saves from John Gibson, the NHL leader in losses (10-23-6). Pastrnak's 40th goal of the season broke a 1-1 tie with 2:54 remaining in the second period. Charlie McAvoy assisted on all three Boston goals, and Jake DeBrusk scored his second goal in as many games since returning from injuries.

☆ A Texas 'Dreamer' found out during an immigration meeting that his dad wasn't his biological father. Now he could be trapped in Mexico for a decade.
▼ + stars: | 2023-02-05 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +13 min

A DACA recipient is stuck in Mexico after traveling to Juárez for an immigration interview in August. For weeks leading up to the immigration interview in Juárez, he was plagued with premonitions of irrevocable consequences. It took more than two years, but in the summer of 2022, Avalos finally received word that his preliminary immigration interview in Juárez was set for August. "He found out a lot of truths at that interview," Martinez said. He sometimes speaks with his mother on the phone, though not about the revelations he learned during his immigration interview.

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