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REUTERS/Athit Perawongmetha/ File Photo Acquire Licensing RightsBANGKOK, Oct 4 (Reuters) - Thailand will close legal loopholes relating to firearm classification and online sales in its gun control efforts, its police chief said on Wednesday, a day after a teenager was arrested following a deadly shooting at a mall that left two people dead. Existing Thai laws on the possession of illegal firearms carry a prison sentence of up to 10 years and a fine of up to 20,000 Thai baht($539.67). Laws have tightened after mass shootings in recent years in Thailand, including a requirement for a medical evaluation for those who want to buy a gun or renew their gun license. And in 2020, a soldier shot and killed at least 29 people in another northeastern Thai city. "The government should learn the lessons from past mass shooting incidents, review the proposed solutions and quickly implement them," Krisanaphong said.
Persons: Athit, Torsak Sukvimol, Torsak, Lazada, Krisanaphong, Panu, Poppy McPherson, Devjyot Ghoshal, Bernadette Baum, Alexandra Hudson Organizations: REUTERS, Rights, Authorities, Thailand's Channel, Rangsit University, Reuters, Singapore's, Alexandra Hudson Our, Thomson Locations: Siam, Bangkok, Thailand, Rights BANGKOK, Southeast Asia, Thai
CNN —A new draft law that would enshrine harsh punishments for women and girls who fail to wear a hijab in Iran could amount to “gender apartheid,” UN experts said in a statement on Friday. “The draft law could be described as a form of gender apartheid, as authorities appear to be governing through systemic discrimination with the intention of suppressing women and girls into total submission,” the experts said. The proposed legislation, which is currently under review by the Iranian parliament, would establish harsh penalties for women who refuse to wear the veil – including long jail sentences. The 70-article draft law also proposes stiff new penalties for celebrities and businesses who flout the rules and the use of artificial intelligence to identify women in breach of the dress code. The draft law came under review by Iranian authorities just weeks ahead of the one-year anniversary of the mass protests sparked by the death of Mahsa Amini, a young woman who died after being stopped by Iran’s morality police in Tehran.
Persons: , , Mahsa, Organizations: CNN, UN, Locations: Iran, Tehran
Shares of cannabis firms Cronos Group (CRON.TO), OrganiGram Holdings (OGI.TO), Aurora Cannabis (ACB.TO), Canopy Growth (WEED.TO) jumped between 6% and 25%. Verano Holdings (VRNO.CD), Green Thumb Industries (GTII.CD), Cresco Labs (CL.CD) and Curaleaf Holdings (CURA.CD) and Goodness Growth (GDNS.CD) rose between 15% and 37%. "Certainly moving cannabis off of Schedule 1 is the right decision and long overdue. The firm held investments in cannabis retailer and producer Green Thumb, and cannabis data platform Flowhub, according to its website. Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.
Persons: cagey, Ty Collin, Patrick Rea, Green, Arunima Kumar, Sriraj Organizations: Cronos Group, OrganiGram Holdings, Verano Holdings, Green Thumb Industries, Cresco Labs, Curaleaf Holdings, Cannabis ETF, U.S . Department of Health, Human Services, Drug Enforcement Agency, Banking, Poseidon Garden Ventures, Thomson Locations: U.S, Aurora, Bengaluru
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGreen Thumb Industries CEO talks HHS official's call to reclassify marijuana as low riskHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Brian Sullivan, Organizations: Thumb, CNBC
But automatically calling something cancer can lead to aggressive treatment, even if the cancer in question is unlikely to cause problems. For prostate cancer, a biopsy showing a grade of Gleason 6 (also known as Grade Group 1) is considered low or very low risk. In breast cancer, diagnosis of ductal carcinoma in situ, or DCIS, is similarly low or very low risk, representing the very earliest, noninvasive stage of the disease. These findings make up about 20 percent to 25 percent of all prostate and breast cancer diagnoses in the United States, involving about 100,000 people annually. Accordingly, many make the understandable choice of aggressive treatment they don’t require.
Persons: Gleason, Esserman Locations: United States
Iran’s parliament would work on finalizing the text and voting on the bill “in the next two months,” Mehr said. Extreme punitive measuresThe hijab has long been a point of contention in Iran. The draft law would also mandate broader gender segregation in universities – common hotbeds of civilian protests – and other public spaces. If the bill is passed by parliament, it must also be approved by the regime’s Guardian Council, Raeesi told CNN. Any bill passed by the parliament must be reviewed and approved by the council to become law.
Persons: CNN —, Mahsa Amini, Mehr, ” Mehr, ” Sanam Vakil, , General Saeed Montazerolmahdi, Reza Shah’s, shah, Hossein Raeesi, Raeesi, ” Vakil Organizations: CNN, Judicial, of Governors, Chatham, Carleton University, regime’s Guardian Council, Guardian Locations: East, North Africa, London, Iran, Iranian, Ottawa, Canada, Tehran, regime’s
It's only fitting then that OpenAI should have a headquarters befitting its status as the vanguard of new AI revolution. But the company has kept details about its San Francisco headquarters a closely guarded secret. A reporter for Insider was even less successful, turned away by a security guard on an intercom who refused even to confirm or deny the existence of an OpenAI office at the location. But we may now have some hints about what it's like inside the offices of the world's most famous AI company, thanks to architectural plans and planning documents viewed by Insider. "It's an impressive space," said Peter Eisenbeiser, a city official who performed the final inspection of the 1960 Bryant Street space.
Persons: OpenAI, Peter Eisenbeiser, Travis Organizations: San Francisco's Mission, Microsoft, San, San Francisco, Florida Street, Bay, Eaton Hall, Architects, Boston Consulting Group Locations: San Francisco's, London, San Francisco, Florida, Seattle
Reuters GraphicsAnalysts said the data underlined that once-booming ESG funds were no longer immune from wider market dynamics. BELOW PEAKNet assets across ESG funds fell in the second quarter and to below recent peaks, according to Refinitiv. Morningstar's global director of sustainability research, Hortense Bioy, said their preliminary data suggested demand for more stringent ESG funds appeared resilient. However, she said that managers' desire to meet European Union regulations had encouraged some firms to reclassify their ESG funds as traditional products, impacting investor flows. The anti-ESG backlash had also hit U.S. firms' appetite for marketing sustainable funds, "which has had an impact on sales," Bioy said on the sidelines of a conference this week.
Persons: outpacing, Edward Glyn, ESG, Hortense Bioy, Bioy, Tommy Reggiori Wilkes, Patturaja, David Holmes Organizations: Equity, Reuters, Reuters Graphics Analysts, outflows, ESG, Reuters Graphics, Thomson Locations: Europe, United States, Calastone
Instead, they arrested and charged only one person, Askins, who had a criminal record of nonviolent drug offenses. His file showed that he had depression, anxiety and PTSD from being raped by a neighbor when he was 9. Mai left private practice and took a 40 percent pay cut to become a public defender in his home state because he wanted to work cases like this. He had imagined himself fighting for the underdog, standing and delivering in front of a jury like his idol, Clarence Darrow, whose trial victories helped advance the civil rights movement. In his almost two years as a public defender, he had never once taken a case to trial.
Persons: Greg Abbott, , Marco Rubio, Mai, Suge ”, Drake, Askins, he’d, Clarence Darrow Organizations: Gov, Prosecutors, Republican, Oklahoma City Locations: Oklahoma, Texas, , Arkansas, Alaska , California, Florida, Tennessee, Indiana, Missouri, dumpsters
An Illinois bill could hold companies like Uber and Lyft liable for harm done to passengers. Uber launched a "pressure campaign" to avoid liability for these incidents, the law group behind the bill said. JB Pritzker, it would eliminate an exemption in Illinois law that has protected ride-hailing companies since 2015. Salvi said Illinois exempted ride-hailing companies from the state's common-carrier civil-liability doctrine in 2015 to "allow them to come to market" and "give them an ability to compete." Moreover, the exemption has protected ride-hailing companies in even more extreme cases.
Japan's service activity grows at record pace in April
  + stars: | 2023-05-08 | by ( ) www.reuters.com   time to read: +2 min
TOKYO, May 8 - Japan's services activity grew at a record pace in April, a private-sector survey showed on Monday, helped by a boost in consumer spending following the end of COVID-19 pandemic restrictions. New orders expanded at the fastest pace on record, the survey showed, citing a sharp return of spending for travel and tourism. "Around four times as many service providers expect an increase in activity as those that forecast a decline," Moore said. The subindex for employment expanded for a third month and at the fastest pace in four years, helped by stronger demand and confidence. The composite PMI, which combines the manufacturing and services figures, grew at the fastest pace since June 2022.
Japan's service activity grows at record pace in April - PMI
  + stars: | 2023-05-08 | by ( ) www.reuters.com   time to read: +2 min
TOKYO, May 8 - Japan's services activity grew at a record pace in April, a private-sector survey showed on Monday, helped by a boost in consumer spending following the end of COVID-19 pandemic restrictions. New orders expanded at the fastest pace on record, the survey showed, citing a sharp return of spending for travel and tourism. "Around four times as many service providers expect an increase in activity as those that forecast a decline," Moore said. The subindex for employment expanded for a third month and at the fastest pace in four years, helped by stronger demand and confidence. The composite PMI, which combines the manufacturing and services figures, grew at the fastest pace since June 2022.
What’s sometimes lost in this feast for the eyes is the sonic world of animals — audible to humans in the case of birdsong. Source: British Library“Animals: Art, Science and Sound” showcases the British Library’s wildlife collection, which contains over 250,000 recordings of animals from around the world. Source: British LibraryThe species was declared extinct in 2000. The song of a nightingale Published by the Gramophone Company Ltd. in 1910, it was the first published recording of any animal. Source: British LibraryThe groundbreaking release marked the beginning of commercial wildlife recording that culminated in the 1970s.
Scoot Henderson is projected to be one of the top draft picks in the 2023 NBA Draft. So, you know, I'm just blessed that I came here and made the right decision. So I knew it was gonna be pretty tough, and I knew I was gonna really develop from it at a high level. And, uh, like I said, like I'm gonna keep saying, I'm blessed that I came here. And Puma, they gave me that confidence that I needed in a group, and in a brand like Puma, man.
Some bank executives and investors are reviving calls for changes to U.S. accounting rules around held-to-maturity securities in the wake of the collapse of Silicon Valley Bank, a move that was considered after the financial crisis but largely abandoned after hundreds of banking-industry objections. If banks designate bonds as held-to-maturity securities, the firms are allowed to exclude unrealized losses on them from equity as long as they don’t sell. Banks have to carry HTM instruments at amortized cost, or an adjusted version of the original price they paid. Bonds the banks plan to sell need to be classified as available-for-sale securities and accounted for at fair market value. If banks sell any HTM securities, they must reclassify all of their HTM securities as available for sale and potentially take a big loss on the securities they didn’t sell.
March 14 (Reuters) - Shares of Uber Technologies (UBER.N) and Lyft Inc (LYFT.O) rose in premarket trading on Tuesday following a California court's ruling on treating drivers as independent contractors rather than employees, removing some future regulatory risks for the rideshare companies. A three-judge panel of the state appeals court on Monday reversed a lower court ruling in 2021 that the ballot measure, known as Proposition 22, was unconstitutional. Jefferies analysts estimate Lyft, DoorDash (DASH.N) and Uber have potentially avoided a hit of between $20 million and $170 million to their 2024 core earnings. Uber has dominated the rideshare and food delivery space thanks to massive scale, flexibility and presence in multiple global markets, crushing rivals Lyft and DoorDash. Shares of Lyft, which on Monday hit a record low, were up 6% in premarket trading.
Japan Airlines' Smile Campaign included a flat rate of $48 for one-way domestic ticketsThe airline's website crashed seconds after the tickets went on sale at midnight on March 9. The website was down for over 10 hours, leading the airline to discontinue the promotion. Almost as soon as Japan Airlines' latest promotion started it was over. The tickets went on sale at midnight local time on March 9 and the website crashed almost immediately. The airline also canceled a similar promotion for flights in the month of June which was scheduled to go on sale on March 12.
China tightens requirements on classifying banks' asset risks
  + stars: | 2023-02-11 | by ( ) www.reuters.com   time to read: +2 min
SHANGHAI, Feb 11 (Reuters) - China on Saturday tightened risk management requirements on banks, requiring them to classify financial-asset risks in a timely and prudent manner, in a bid to better assess lenders' credit risks. The rules will help "commercial banks evaluate credit risks more accurately and reflect the true quality of their financial assets," said the People’s Bank of China and the China Banking and Insurance Regulatory Commission (CBIRC). The new rules, it said, will help prevent credit risks more effectively, the regulator said. Saturday's rules urge banks to scrutinise the underlying assets when they classify risks for asset management or securitisation products. Lenders will also be required to strictly abide by the rules when assessing credit risks in debt restructurings.
The council could raise the fast-food industry minimum wage as high as $22 an hour, versus a $15.50 minimum for the rest of the state. California’s fast-food industry has more than 550,000 workers. Less than 4% of restaurant workers nationwide are unionized. This makes it nearly impossible to organize workers at fast-food and retail chains with thousands of stores. If restaurant worker compensation increased by 60%, limited-service restaurant prices would jump by up to 22%, the study also found.
Indian government gets bids for majority stake in IDBI bank
  + stars: | 2023-01-07 | by ( ) www.reuters.com   time to read: +1 min
NEW DELHI, Jan 7 (Reuters) - The Indian government has received multiple bids for a majority stake in IDBI Bank (IDBI.NS), an official said in a tweet on Saturday, after the deadline for expressions of interest closed earlier in the day. The government, which owns 45.48% of IDBI Bank, is looking to divest a 30.48% stake in the lender, alongside state-owned Life Insurance Corp of India (LIC) (LIFI.NS), which will sell a 30.24% stake from its holding of 49.24% in the bank. Ahead of Saturday's deadline, India's market regulator this week allowed the government to reclassify its shareholding in IDBI Bank as "public" post sale, making it simpler for the new buyer to meet the minimum public shareholding norm. India's finance ministry on Monday also extended an exemption to the new buyer of IDBI Bank that allows it to maintain a 25% minimum public shareholding in the lender. The time limit to increase the public shareholding in the lender would be specified in due course, the government said.
Note that credit card lenders may use many different variations of credit score models when considering your application. Note that credit card lenders may use many different variations of credit score models when considering your application. Note that credit card lenders may use many different variations of credit score models when considering your application. Review: Capital One SavorOne reviewCredit cards for college graduates frequently asked questions (FAQ)What happens to my college credit card when I graduate? If you're new to credit, you can check out Insider's guide to building credit with credit cards to help you improve your credit history faster.
Note that credit card lenders may use many different variations of credit score models when considering your application. Note that credit card lenders may use many different variations of credit score models when considering your application. Note that credit card lenders may use many different variations of credit score models when considering your application. Review: Capital One SavorOne reviewCredit cards for college graduates frequently asked questions (FAQ)What happens to my college credit card when I graduate? If you're new to credit, you can check out Insider's guide to building credit with credit cards to help you improve your credit history faster.
WASHINGTON, Nov 14 (Reuters) - The U.S. Supreme Court on Monday turned away another challenge to a federal ban imposed under former President Donald Trump on devices called "bump stocks" that enable a semi-automatic weapon to fire like a machine gun. The Supreme Court in 2019 declined to block the ban from going into effect. The justices last month rejected appeals by a Utah gun lobbyist and firearms rights groups of lower court rulings upholding the ban as a reasonable interpretation of a federal law prohibiting machine gun possession. Bump stocks use a gun's recoil to bump its trigger, enabling a semiautomatic weapon to fire hundreds of rounds per minute to let it shoot like a machine gun. Two sets of plaintiffs filed lawsuits seeking compensation for having to destroy or surrender their bump stocks in the Court of Federal Claims, which hears monetary claims against the U.S. government.
Uber reported a third-quarter loss Tuesday but beat analysts' estimates for revenue and showed a surge in bookings. He said October is tracking to be the company's "best month ever for both Mobility and total company Gross bookings." Here's how Uber's largest business segments performed in the quarter:Mobility (gross bookings): $13.7 billion, short of analysts' estimates of $13.83 billion according to StreetAccount. Delivery (gross bookings): $13.7 billion, short of analysts' estimates of $14.01 billion according to StreetAccount. That trend continued during the third quarter, as Uber's mobility segment reported $3.8 billion in revenue while delivery reported $2.8 billion.
Biden Goes After Gig Workers
  + stars: | 2022-10-12 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
The labor market is cooling while more Americans are using side hustles like driving for Uber to cope with rising prices. Yet now the Biden Administration is declaring war on the so-called gig economy and countless companies that utilize freelancers. The Labor Department on Tuesday proposed a rule that aims to reclassify millions of independent contractors as employees. About 20 million Americans work as independent contractors, which have more autonomy than employees and can set their own hours and work for multiple companies at the same time.
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