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NEW YORK (AP) — Hollywood’s months of labor unrest are coming to an end, but the post-strike landscape that awaits actors and writers may be far from happy-ever-after. That helter-skelter transition threw much of the economics of entertainment out of whack. “Going through that with a streaming service that’s losing billions of dollars is really, really difficult to go on offense.”Cancellations have grown more commonplace as streamers get more selective. Due in part to the strikes, series production will dip for the first time in years in 2023 after reaching an all-time high last year, when 599 original series were made. “And so I think really we will see over the coming days, weeks and months what the industry’s real intentions are.

Persons: —, HBO Max, Max ”, ”, Jonathan Taplin, Crypto, Taplin, Puck’s Matt Belloni, Walt, Bob Iger, ” Iger, I’ve, it’s, Peacock, David Zaslav, Max, ” Zaslav, “, Martin Scorsese’s, Ridley Scott’s “ Napoleon, ” Duncan Crabtree, Krysta Fauria Organizations: Hollywood, SAG, HBO, Netflix, USC, Innovation Lab, International Alliance, Walt Disney Co, Disney, Comcast, Warner Bros . Discovery, Apple Studios, Associated Press Locations: Hollywood, Los Angeles

COLOMBO, Sri Lanka (AP) — The U.S. announced a $553- million project Wednesday to build a new, deep-water shipping container terminal in the Port of Colombo as it competes with China in international development financing. The U.S.-backed financing comes at a time when Sri Lanka is struggling to recover from a dire financial and economic crisis. Sri Lanka borrowed heavily from China to build the port and other infrastructure including an airport and a city being built on reclaimed land. Both neighboring India and China are jostling for influence in Sri Lanka and both have already invested in expanding facilities at the Colombo port. Colombo port also has a terminal run by China Merchants Port Holdings.

Persons: ”, Scott Nathan, Sri Lanka’s John Keells, Lanka’s, Wang Wenbin, William & Mary, AidData, China's, saysChina, Bradley Parks, “, ” ___ Didi Tang Organizations: South, U.S . International Development Finance Corp, West, Local, Sri, Sri Lanka’s John Keells Holdings, Initiative, Foreign Ministry, China Merchants Port Holdings, CHEC Port City Colombo Co, China Communications Construction Company, William & Locations: COLOMBO, Sri Lanka, U.S, Port, Colombo, China, Bay, Bengal, Beijing, Hambantota Port, Hambantota, India, oceanside, Port City, Virginia, “ Beijing, Washington

Nikki Haley is surging in support among Iowa Republicans and is now tied for second place in the battle for the GOP nomination in the Hawkeye State, according to a poll released Monday morning. Haley has the first-choice backing of 16% of Iowa Republicans – the same as Florida Gov. The poll was conducted before Trump's vice president, Mike Pence, dropped out of the race on Saturday, saying "this is not my time." Even before the realignment, Pence was struggling, having dropped from 6% support in August to 2% in the current poll. The Iowa poll reflects a new political reality for the 2024 elections, with the nominations for both major political parties appearing to be sewn up with two and a half months to go before the first nominating contest.

Persons: Nikki Haley, Donald Trump, Trump, –, pollster J, Ann Selzer, Haley, Iowa Republicans –, Ron DeSantis, Vivek Ramaswamy, Chris Christie, Doug Burgum, Asa Hutchinson, Ryan Binkley, Mike Pence, Pence, Joe Biden, Biden, Robert F, Kennedy Jr, Dean Phillips, Phillips, James Garfield, Jan Organizations: South Carolina Gov, Iowa Republicans, GOP, Republican, Des Moines Register, NBC, Florida Gov, Suffolk University, Boston Globe, USA, New Hampshire Republican, Tech, New, New Jersey Gov, North Dakota Gov, Arkansas Gov, Pence, Trump, Democratic Locations: Hawkeye, Florida, New Hampshire, DeSantis, New, New Jersey, Arkansas, Iowa, Minnesota

☆ Walmart’s given a major new look, and feel, to 117 stores. Here are the big changes
▼ + stars: | 2023-10-30 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +2 min

During the pandemic, customers were flocking to big box stores for all manner of stay-at-home gadgets, including huge televisions and exercise equipment. So Walmart said it re-opened 117 stores in 30 states at a cost of half a billion dollars to keep customers engaged and shopping throughout the store. Walmart has given a major new look, and feel, to 117 stores. WalmartThe makeovers are meant to modernize the look of a Walmart store and the experience in it, the company said. Walmart has given a major new look, and feel, to 117 stores.

Persons: it’s Organizations: New, New York CNN, Walmart, Target Locations: New York

☆ US bond funds suffer outflows on rate worries; money market funds gain traction
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 6 (Reuters) - U.S. bond funds saw significant outflows in the week ending Oct. 4, driven by concerns about prolonged elevated interest rates, while money market funds garnered substantial inflows as investors recalibrated their risk exposure amid a bond market sell-off. According to LSEG data, investors offloaded U.S. bond funds worth a net $6.34 billion during the week, the biggest amount since Dec. 21, 2022. Money market funds meanwhile, received about $43.15 billion in inflows, the highest since April 26, 2023. Investors exited equity growth funds worth $2.05 billion and value funds worth $1.23 billion. Reuters Graphics Reuters GraphicsNotably, consumer staples, healthcare and consumer discretionary sectors observed net outflows of $637 million, $461 million and $397 million, respectively.

Persons: Dado Ruvic, outflows, Gaurav Dogra, Patturaja, William Maclean Organizations: REUTERS, Federal Reserve, Reuters Graphics Reuters, Treasury, Thomson Locations: Bengaluru

LONDON, Aug 2 (Reuters) - The economic picture may not have to change much for the surprise element to disappear for markets - underlining the significance of this summer's sometimes grudging admissions of investment strategy missteps. SURPRISE, SURPRISEExceptional U.S. economic surprisesU.S. surprise gaps the widest in decades, excluding pandemicAlong with market moves themselves and skewed positioning monitors, the simplest take on the unpreparedness of investors can be seen in economic surprise indices. The global surprise index is close to zero, suggesting expectations for the world economy in aggregate are actually coming in on cue. And if that happens, it may just suck the oxygen from the stellar equity outperformance over bonds to date. If true, markets may find the going harder without that element of surprise.

Persons: What's, Schroders, Johanna Kyrklund, hasn't, Kyrklund, Chris Iggo, Mike Dolan Organizations: Federal, Nasdaq, Japan's Nikkei, U.S, Graphics, AXA IM Investment, Reuters, Twitter, Thomson Locations: Europe, Japan, China, U.S

☆ Opinion | A Grim Climate Lesson From the Canadian Wildfires
▼ + stars: | 2023-07-26 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +4 min

But whose responsibility is the carbon produced when forests burn? In the age of extreme weather and climate agreements, the world has learned to tabulate ecological guilt nation by nation — cutting responsibility for the current crisis into so many slices of pie. If the 20th century taught us the perversity of aggressive fire suppression, the 21st is already teaching us the limits of that lesson. But if the costs to human health of wildfire smoke are larger than from the fires themselves, should the goal be recalibrated? Canada has a gargantuan per capita carbon footprint, in fact, by some measures larger than that of the United States.

Persons: ” Henry Mance, “ Organizations: U.S ., Canadair, Financial Times Locations: North America, Eurasia, China, United States, India, California, Canada, Russia, Ontario, Quebec, Michigan, Maine, U.S, Los Angeles, Tampa

☆ US stocks trade mixed but notch a weekly gain as earnings impress and inflation cools
▼ + stars: | 2023-07-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks were mixed on Friday but closed higher for the week as investors cheered a cooler June inflation report. Second-quarter earnings kicked off on Friday with JPMorgan, Wells Fargo, and BlackRock all beating analyst estimates. Investors are expecting the latest earnings season to represent a trough for corporate profits. Results from JPMorgan and Wells Fargo beat analyst estimates, while Citigroup posted mixed results that were weighed down by a disappointment in its investment banking division. Investors expect second-quarter earnings results to represent a trough for corporate profits before they begin to rebound.

Persons: Wells Organizations: JPMorgan, BlackRock, Service, Nasdaq, Federal Reserve, Wells Fargo, Citigroup Locations: Wells Fargo, Wall, Silicon

Early Tuesday, a Ukrainian missile slammed into a hotel in the coastal town of Berdyansk that had been taken over by the Russian military. ‘Colossal support’Russian military bloggers have suggested that both Tsokov and Popov were capable soldiers who inspired loyalty among their men. Tsokov, 51, appears to have been a rising star in the Russian military. Senior Russian general, Ivan Popov, raised questions about the mass deaths and injuries of Russian military personnel. The loss of more capable commanders is another sign that Russia’s “special military operation” is looking less special by the week.

Persons: CNN —, Oleg Tsokov, Tsokov, Ivan Popov, Popov, Valery Gerasimov, vilely, Sergei Shoigu, ”, Vladimir Putin, Rybar, “ Popov, General Popov, “, Wagner, Oleg Surovikin, Yevgeny Prigozhin, Surovikin, Prigozhin, Defense Andrei Kartapolov, Kartapolov, specter, OGPU –, Gerasimov, “ alarmism, Shoigu, George Hall, Russia Dara Massicot, Tweeting, Massicot, ” Rybar, upbraided, viscerally, Putin Organizations: CNN, Ukraine –, Southern Military District, Arms Army, Kremlin Press, Major, Institute for, Ukrainian, of Defense, Kremlin, Russia’s Aerospace Forces, State, Defense, Defense Ministry, Senior, Ministry of Defense, Surovik, George Hall of, RAND Corporation, Russian Ministry of Defense, Russian Armed Forces Locations: Ukraine, Ukrainian, Berdyansk, Russian, Svatove, frontlines, Zaporizhzhia, Kherson, Senior Russian, St, Russia, Vuhledar

☆ Storm Shadows are a threat to Russian forces in Ukraine, but busted missile remains may offer lessons for Moscow's military
▼ + stars: | 2023-07-11 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +9 min

UK-provided Storm Shadows are a new threat to Russian forces operating in Ukraine. Russian forces recently claimed to have recovered a downed missile. The recovered Storm Shadow could hold clues for the Russian military, but there's a question of whether they can learn from them. A Storm Shadow missile is prepared for loading to a Royal Air Force Tornado GR4 aircraft in the Gulf in support of Operation TELIC, March 21, 2003. Throughout the fight in Ukraine, Russian forces have had to learn lessons, but it's often a grinding and costly process.

Persons: Storm, Ben Stansall, Ian Williams, Williams, TELIC, Cpl Mark Bailey, that's, Ben Wallace, it's, there's Organizations: Service, Shadow, Storm, Farnborough, Missile Defense, Center for Strategic, International Studies, Russia, Royal Air Force Tornado, REUTERS, ASA, Su Locations: Ukraine, Russian, Wall, Silicon, Russia, Zaporizhzhia, Moscow, France

☆ What happens when ChatGPT tries to create crochet patterns
▼ + stars: | 2023-07-08 | by ( Aj Willingham | ) edition.cnn.com time to read: +11 min

ChatGPT, a publicly available language-learning AI, was not designed to create things like crochet or knitting patterns. Before we begin …A few notes on my methodology:For every crochet pattern I generated, I used the prompt “Create a crochet pattern for (blank).”I followed the crochet pattern exactly. At first glance, ChatGPT’s crochet patterns look and read exactly like a crochet pattern. In a traditional crochet pattern, instructions for assembly would note specific places and methods to attach pieces, along with photos or notes on particularly tricky steps. Theoretically, it would be possible to create AI that generated amazing crochet patterns, but that would require very specific training and programming.

Persons: ”, AJ Willingham, ChatGPT, ’ AJ Willingham, You’ll, Yoda ’ AJ Willingham, Yoda, Casey Miller, ” Miller, It’s, Antarctica ’ AJ Willingham, “, Al Arab ’ AJ Willingham, CNN I’ll, Khalifa, you’ve, Eliot, don’t Organizations: CNN, Antarctica, Burj Al, Burj Locations: Kennesaw , Georgia, Antarctica, Al Arab, Al, Arab, Dubai, Burj, Arab’s

☆ Why Car Repairs Have Become So Expensive
▼ + stars: | 2023-07-03 | by ( Lawrence Ulrich | ) www.nytimes.com time to read: +1 min

New cars and trucks are packed with sensors and technology that protect and pamper drivers and passengers. But those features are also raising the cost of repairs after accidents. New sport utility vehicles and pickup trucks, including a rapidly growing number of electric models, have become so complex and luxurious that seemingly simple repairs can cost a small fortune, auto experts said. Materials designed to crumple or deform in a crash to protect pedestrians or passengers, for example, can be hard or impossible to repair. Many bumpers must be replaced after low-speed dings because the safety sensors embedded in them may no longer work properly after repairs.

Persons: Mitchell

☆ LGBT rights yield to religious interests at US Supreme Court
▼ + stars: | 2023-07-01 | by ( John Kruzel | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +6 min

"We've seen a dramatic expansion of rights for conservative religious communities that has had a detrimental impact on equality rights, certainly for LGBTQ people," said Elizabeth Platt, director of the Law, Rights and Religion Project at Columbia Law School. Smith, who said she opposes gay marriage based on her Christian beliefs, was represented by the Alliance Defending Freedom, a conservative religious rights group. Still, the ruling illustrated a disparity in how the court views protections for LGBT people in contrast to the competing conservative Christian interests, Platt said. He stood out among conservatives in his espousal of sympathy both for conservative Christian causes and for what is sometimes called the "dignity interests" of marginalized groups including LGBT people. Barrett's addition gave it a 6-3 conservative margin and recalibrated how it weighed conservative Christian causes against the dignity interests of people protected by civil rights laws.

Persons: Read, Lorie Smith, Smith, Elizabeth Platt, Kristen Waggoner, Waggoner, Jack Phillips, Phillips, Platt, Anthony Kennedy, Brett Kavanaugh, Trump's, Neil Gorsuch, Friday's, Amy Coney Barrett, Kennedy, Kennedy's, Hodges, Obergefell, Barrett, Ruth Bader Ginsburg, Barrett's, Rachel Laser, John Kruzel, Will Dunham Organizations: U.S, Supreme, Law, Columbia Law School . Colorado, Alliance Defending, Defending, Colorado Civil Rights Commission, FOSTER CARE, Catholic Church, Philadelphia, Republican, Trump, Americans United, and State, Thomson Locations: WASHINGTON, Denver, Colorado, U.S, Fulton, City of Philadelphia, Obergefell

☆ India's outsourcing giants cut hiring; disheartening for economy, students
▼ + stars: | 2023-06-12 | by ( Navamya Ganesh Acharya | ) www.reuters.com time to read: +7 min

There are pockets of optimism elsewhere in the services sector - especially in accounting, where there is a surge in hiring. NLB sees a 20-25% drop in IT employee additions in the first half of the current financial year, while TeamLease Digital expects a 40% decrease for the entire year. Nasscom declined comment on the hiring slowdown. That has "surely left applicants concerned about future prospects", said staffing firm Xpheno's co-founder Kamal Karanth, who highlighted how current hiring activity was "under a third of what was recorded in the buoyant peak". Pai highlighted sectors such as financial services, consumer goods, specialised manufacturing, medicine, law, chartered accounting and other services as more viable options.

Persons: Rohit Azad, Azad, Rishad Premji, Sakshi Gupta, Sachin Alug, NLB, Nilanjan Roy, Nasscom, Gautam, Xpheno's, Kamal Karanth, LTIMindtree, Karanth, Siana, Siddharth Pai, Pai, Dhanya Skariachan, Raju Gopalakrishnan Organizations: New, Jawaharlal Nehru University, Wipro, HDFC, Apple, Citigroup, American Express, Europe's Credit Suisse, UBS, NLB Services, TeamLease, IT, Tata Consultancy Services, Infosys, Reuters Graphics, Sethuraman, Thomson Locations: BENGALURU, India, Punjab

Ahead of an election on May 21, a cost-of-living crisis that is eroding earnings is foremost in voters' minds. For Klaoudatou it means voting for anyone but the incumbent conservative New Democracy or the opposition leftist Syriza. Reuters GraphicsThree international bailouts saved Greece from toppling out of the euro zone during a decade-long debt crisis that peaked in 2015. "Εven during the crisis - and this is the joke - I didn't think so much before spending a single extra euro," Klaoudatou told Reuters. Reuters GraphicsPAYCHECK BARELY GETS TO PAYCHECKOne in two Greek households could barely get by on their monthly income last year.

☆ How the Voyager probes keep going decades after launch
▼ + stars: | 2023-05-10 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Voyager 2’s priceless data is captured and returned to Earth through its five science instruments, while Voyager 1 still has four operational instruments after one failed earlier in the mission. Both Voyager probes rely on radioisotope thermoelectric generators. Over time, the Voyager team has commanded the probes to turn off instrument heaters and other nonessential systems. The Voyager proof test model, seen here in 1976, has a platform showcasing several of the science instruments. “Picture it as an ocean of space with waves and turbulence and activity going on, and the Voyager instruments can measure what’s happening,” Spilker said.

☆ Morning Bid: Deep breaths as banks calm, but only a bit
▼ + stars: | 2023-03-15 | by ( ) www.reuters.com time to read: +5 min

The Federal Reserve is considering tougher rules and oversight for midsize banks similar in size to Silicon Valley Bank, which collapsed suddenly last week. Strengthened rules on banks in the $100 billion to $250 billion range could ape those for larger more systemic banks and involve stringent capital and liquidity requirements or beefed up annual "stress tests". Even though reports abounded of depositor flight from the smaller weaker banks to the larger financial firms, stock prices in the sector at large caught a breath. The VIX equity volatility gauge (.VIX) hugged Tuesday's close at 23. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

It's big what happens to Jules," Freeman told Reuters of the film, which premiered at the Berlinale film festival last Sunday. For George MacKay, playing the role of Preston was a chance to tap into currents in his own personality. While the film will especially appeal to LGBTQ+ viewers, its moving human story and racy plot has something for everyone, Freeman said. "This is a film that is for queer audiences, but it's also a film for all audiences," he said. "The queer is a label that we proudly attach to it, but it's not all that it is."

☆ Morning Bid: Don't break my heart
▼ + stars: | 2023-02-14 | by ( ) www.reuters.com time to read: +3 min

Sure, there are a few pundits warning about inflation, but the market is clearly screaming at the top of its lungs that inflation worries are misplaced." Economists polled by Reuters expect Tuesday's CPI reading to show headline prices and the core CPI gaining 0.5% and 0.4% month-over-month for January, respectively. Asian shares edged up on Tuesday, while the yen recouped losses as Japan nominated a new central bank governor. This would mark their first face-to-face talks after the United States shot down what it said was a Chinese spy balloon and other flying objects. Meanwhile, Qatari investors are preparing to make a bid to buy Premier League club Manchester United in the coming days, Bloomberg reported.

☆ Retail investor risk appetite improves with AI stocks leading
▼ + stars: | 2023-02-14 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +5 min

Retail investors had a poor year in 2022, with the average portfolio ending the year down around 35% from all-time highs, Vanda Research previously estimated. However, retail investors have shown renewed interest in the early part of 2023. Meanwhile, shares of early meme stocks GameStop (GME.N) and AMC Entertainment (AMC.N) have pared some losses after last year's tumble. "Investor enthusiasm is also attracting short-sellers that are skeptical about some of the resulting valuations," said Evan Niu, an analyst at Ortex, which tracks real-time short interest data. AI software firm Veritone (VERI.O), SoundHound and BigBear.ai also show a pick up in short interest, Ortex data showed.

☆ There's a middle ground between burning yourself out and quiet quitting: 'enoughness'
▼ + stars: | 2023-01-29 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +6 min

There's a middle ground between quiet quitting and burning yourself out: it's called "enoughness." But not so much that it controls your life and you don't have energy for yourself. According to Robert Kelley, a professor at Carnegie Mellon University's Tepper School of Business, there's a word for what many of us are seeking: "enoughness." We don't want to slack off, or even quiet quit, but we're less willing to make our jobs our top concern. "Very few people get recharged from their work," Kelley said.

☆ Amazon to start charging delivery fees on Fresh grocery orders under $150
▼ + stars: | 2023-01-27 | by ( Annie Palmer | ) www.cnbc.com time to read: +1 min

Amazon will start charging delivery fees for Fresh grocery orders that are less than $150, in a move it said will help keep prices low on its services. Beginning Feb. 28, Prime members who want home delivery from Amazon Fresh will incur a $9.95 delivery fee for orders below $50, while orders between $50 and $100 will include a $6.95 delivery fee, and orders between $100 and $150 will have a $3.95 delivery fee, the company said in a note to customers viewed by CNBC. Only Prime members can use the Amazon Fresh delivery service, although anybody can shop at an Amazon Fresh grocery store. Amazon previously guaranteed members of its $139-a-year Prime service free delivery on Fresh orders over $35. In 2021, Amazon added a $10 service fee for Whole Foods delivery orders to Prime members, after previously offering them for no extra charge.

☆ Approach to Covid needs to be recalibrated to reduce risks, expert says
▼ + stars: | 2023-01-03 | 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 EmailApproach to Covid needs to be recalibrated to reduce risks, expert saysPeter Drobac, director of the Skoll Centre for Social Entrepreneurship at the University of Oxford, talks to "Squawk Box Europe" about how we should deal with Covid as we enter 2023.

☆ Geodis’s Marie-Christine Lombard Sees Global Forces Continuing to Reshape Trade Flows
▼ + stars: | 2022-12-28 | by ( Paul Berger | ) www.wsj.com time to read: +6 min

Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. MS. LOMBARD: The supply chain used to be quite seamless and fluid. The world order has a huge impact on the supply chain and its stability. The difference is that the supply chain itself was not disrupted. The entire supply chain is being rethought and recalibrated and re-costed.

"Oh FFS (for fuck's sake)," former Estonian president Toomas Hendrik Ilves said on Twitter, encapsulating the general feeling among many of France's eastern allies. The annoyance among eastern allies has undermined Macron's own policy agenda to beef up European "strategic autonomy" separate from the U.S.-led NATO umbrella, with eastern allies now trusting the United States more for their defence. An eastern European diplomat said Macron had "misread" Russia once and the fear was he would do so again. The backbone of Macron's foreign policy since 2017 has been to launch initiatives and go against the grain. However, an increasing number of critics and allies see his thrust on Russia as his major foreign policy mistake.

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