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☆ Ex-South Korean leader to give up dogs sent as gift by Kim Jong Un
▼ + stars: | 2022-11-07 | by ( ) www.nbcnews.com time to read: +1 min

South Korea’s former President Moon Jae In said on Monday he plans to give up a pair of dogs sent by North Korean leader Kim Jong Un as a gift following their 2018 summit, citing a lack of support from his successor. Moon has raised the white Pungsan dogs named “Gomi” and “Songgang” since their arrival in the South and took them to his personal residence after his term ended in May. But that effort fell apart due to “unexplained opposition” from the administration of incumbent President Yoon Suk Yeol, Moon’s office said. “The presidential office seems to be negative toward entrusting the management of the Pungsan dogs to former President Moon,” Moon’s office said on Facebook. The interior ministry, which oversees the presidential archives, did not immediately respond to requests for comment.

☆ Ex-South Korean leader plans to give up dogs from North Korea's Kim
▼ + stars: | 2022-11-07 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

[1/2] South Korean President Moon Jae-in and first lady Kim Jung-sook hold puppies born from a hunting dog gifted from North Korea, in Seoul, South Korea November 25, 2018 in this image obtained November 27, 2018 from South Korean Presidential Office/Handout/via REUTERSSEOUL, Nov 7 (Reuters) - South Korea's former President Moon Jae-in said on Monday he plans to give up a pair of dogs sent by North Korean leader Kim Jong Un as a gift following their 2018 summit, citing a lack of support from his successor. The dogs are legally categorised as state property belonging to the presidential archives, but Moon's office said he was entrusted as their caretaker under consultations with the archives and the interior ministry, an unprecedented decision. But that effort fell apart due to "unexplained opposition" from the administration of incumbent President Yoon Suk-yeol, Moon's office said. "The presidential office seems to be negative toward entrusting the management of the Pungsan dogs to former President Moon," Moon's office said on Facebook. The interior ministry, which oversees the presidential archives, did not immediately respond to requests for comment.

☆ UN IFAD Goodwill Ambassador Sabrina Dhowre Elba on COP27: ‘I'm ready to see action’
▼ + stars: | 2022-11-07 | by ( Tania Bryer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUN IFAD Goodwill Ambassador Sabrina Dhowre Elba on COP27: ‘I'm ready to see action’UN Goodwill Ambassador for the International Fund for Agricultural Development (IFAD), Sabrina Dhowre Elba, joined Tania Bryer on CNBC's Sustainable Future Forum. The model and activist said she has been frustrated by the lack of action to help rural areas who are dealing with the devastating effects of climate change.

☆ Women lead Wakanda through turmoil in 'Black Panther' sequel
▼ + stars: | 2022-11-07 | by ( Lisa Richwine | ) www.reuters.com time to read: +3 min

LOS ANGELES, Nov 7 (Reuters) - At the start of the follow-up to 2018's groundbreaking Marvel movie "Black Panther," the kingdom of Wakanda is reeling. The beloved King T'Challa dies at the opening of "Black Panther: Wakanda Forever," a script change made after actor Chadwick Boseman passed away from cancer in 2020 just before the sequel was due to start filming. "T'Challa surrounded himself with powerful women," actor Letitia Wright said in an interview ahead of the movie's global rollout that starts on Wednesday. "We see these women in this film step into another level of leadership, together." "Black Panther" broke ground as the first superhero movie with a predominantly Black cast.

☆ Elon Musk is threatening to 'thermonuclear name and shame' advertisers that press pause on Twitter. It's a dumb thing to do to your biggest customers.
▼ + stars: | 2022-11-07 | by ( Jake Swearingen | ) www.businessinsider.com time to read: +8 min

After advertisers paused spending, Musk went on the offensive, tweeting that advertisers were causing a "massive drop in revenue," He continued: "Extremely messed up! Per a Standard Media Index report, total advertising spending was down by 5% year-over-year in September. Other advertising giants like YouTube and Meta reported year-over-year declines in advertising revenue, with YouTube down by 2% and Meta down by 4%. Brand advertising relies highly on "brand safe" outlets where ads won't appear near objectionable content like violence, pornography, or hate speech. To replace the $40 million in lost monthly revenue, Twitter would need to sign up a little over 5 million Twitter Blue accounts paying $8 a month in its first month.

Here's how you can get a grip on your personal finances before and during a recession. We do weird things in times of recession, like comfort-eating meatloaf and ice cream, according to food trend experts. We're also more prone to panicking and making mistakes with our money, personal finance experts and economists told Insider. "A recession sort of reveals problems that people may have, and not necessarily pay attention to much in the good times," he said. In good times, with interest rates low, your viewpoint can be obscured by the ease of getting credit, he said.

☆ Cardinal Health Quarterly Sales Up 13%
▼ + stars: | 2022-11-04 | by ( Dean Seal | ) www.wsj.com time to read: 1 min

Cardinal’s bottom line was dragged lower by a $154 million goodwill impairment charge from its medical business, along with the impacts of inflation. Cardinal Health Inc. said Friday that its top line rose 13% in its recently completed quarter, with gains from its pharmaceutical business offsetting a decline in its medical segment. The Dublin, Ohio, healthcare-products distributor said its profit for its fiscal first quarter ended Sept. 30 fell to $110 million, or 40 cents a share, from $271 million, or 94 cents, a year ago. The company’s bottom line was dragged lower by a $154 million goodwill impairment charge from its medical business, along with the impacts of inflation, Cardinal said.

Further, in the midst of chaos, the stock market crashed, resulting in a global bear market that lasted from 1973 to 1974. In my 52 years of investing, I have never seen anyone consistently and accurately predict what the economy or the stock market was going to do. They acquired weaker competitors at bargain prices or gained market share as their rivals faltered. The stock market crash of 1987, the dot-com bubble burst of 2000-2001, the 2007-2008 financial crisis, and now. We seek to accomplish that by investing for the long term in companies we believe are competitively advantaged and managed by exceptional people.

☆ CNN CEO Chris Licht is facing an increasingly angry newsroom as more layoffs loom, plans are murky, and staff have lost confidence after 'horrible programming decisions'
▼ + stars: | 2022-11-04 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +9 min

CNN CEO Chris Licht has been faulted by the newsroom for too many changes and not enough communication. Chris Licht needs a hit. "People are starting to believe there is no plan," said one executive familiar with the workings of CNN. "Is Chris Licht going to be there for them and push back on government officials? Many on the ad sales team that was formerly dedicated to CNN have either been pink-slipped or joined the broader ad sales group under WBD ad honcho Jon Steinlauf.

☆ Cuba and U.S. spar over U.N. resolution calling to end embargo
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +2 min

HAVANA, Nov 3 (Reuters) - U.S. President Joe Biden's administration on Thursday voted against a U.N. General Assembly resolution calling for an end to the U.S. economic embargo on Cuba, leaving relations frosty between the two longtime rivals. The non-binding resolution was approved by 185 countries and opposed only by the United States and Israel, with Brazil and Ukraine abstaining. It was the 30th time the United Nations has voted to end the embargo. "Cuba does not need lessons on democracy and human rights, much less from the United States," Gala said. "If the United States government was really interested in the welfare, human rights and self-determination of Cubans, it could lift the blockade."

☆ Factbox: Companies count the cost of ditching Russia
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +6 min

INDITEX (ITX.MC)Zara owner will book a provision of 216 million euros after agreeing to sell its Russia stores to UAE-based Daher Group. TRATON (8TRA.DE)Volkswagen's (VOWG_p.DE) truck division Traton in September said disposing of some assets in Russia would cause a 550 million euro loss. CREDIT AGRICOLE (CAGR.PA)Credit Agricole provisioned more than 500 million euros related to its Russian exposure in Q1. LINDEThe world's largest industrial gases company's exit from Russia recorded impairments of $993 million from its Russia exit. SIEMENS (SIEGn.DE)The Munich-based engineering and tech firm said in May it would take a 600 million euro hit in Q2 for exiting Russia.

☆ Here’s why 75% of likely voters think we are in a recession — even though we’re probably not
▼ + stars: | 2022-11-03 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

New York CNN Business —A new CNN poll shows that three-quarters of likely voters feel like the US economy is in a recession. The technical definition of a recession is two consecutive quarters of economic contraction, which the US economy recorded in the first half of the year. Still, the economy feels bad to the majority of Americans ahead of next week’s midterms. But that’s still the highest since the early 1980s, and it’s the first time many younger people have ever experienced inflation. But that dip may not be enough to buy Democrats any goodwill among voters, given the elevated costs of every other necessity.

☆ China panda experts visit Taiwan in rare point of contact
▼ + stars: | 2022-11-02 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

TAIPEI, Taiwan — Taiwan has welcomed a pair of experts from China to help with an ailing panda in a rare opportunity for contact between the sides. The two experts arrived Tuesday after Taipei Zoo’s Tuan Tuan, suspected to have a malignant brain tumor, took a turn for the worse. The giant panda and his mate, Yuan Yuan, were gifted to the zoo in 2008 during a time of warming relations between China and Taiwan, which split amid civil war in 1949. Chinese panda experts checking on Tuan Tuan at the zoo in Taipei on Wednesday. AFP - Getty ImagesAn MRI on Tuan Tuan showed that lesions on his brain had grown in a sign the disease was “progressing rapidly,” the zoo said in a news release.

☆ Etsy shares pop on revenue beat, rosy guidance
▼ + stars: | 2022-11-02 | by ( Annie Palmer | ) www.cnbc.com time to read: +2 min

Etsy shares surged as much as 10% in extended trading Wednesday after the online marketplace's third-quarter revenue and earnings outperformed expectations. Here's how the company did:Earnings: 58 cents per share, adjusted, vs. 36 cents per share, as expected by analysts, according to Refinitiv. 58 cents per share, adjusted, vs. 36 cents per share, as expected by analysts, according to Refinitiv. Revenue: $594.5 million vs. $565 million as expected by analysts, according to Refinitiv. For the fourth quarter, Etsy said it expects to report revenue between $700 million and $780 million, and gross merchandise sales of $3.6 billion to $4 billion.

☆ Cheap 'fast furniture' is starting to clog landfills — here are 3 ways to get rid of it in an eco-friendly way
▼ + stars: | 2022-11-02 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

'Fast furniture' pieces are cheap and easily assembled at home, but they aren't designed to last, experts say. While brands like Ikea and Wayfair offer affordable, easily assembled pieces with fast shipping, experts told The New York Times the "fast furniture" they sell is becoming increasingly detrimental to the environment. "It's quite a big problem, both spatially and also because of the way a lot of fast furniture is made now, it's not just wood and metal. Although getting rid of a couch or coffee table may seem daunting, here are three ways to ethically dispose of your old furniture without harming the planet. Although this option may work best for those with large hauls of old furniture, it's also the priciest option.

☆ 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?

☆ South Africa's new Zulu king officially recognised by government
▼ + stars: | 2022-10-29 | by ( ) www.reuters.com time to read: +2 min

[1/5] Supporters of new AmaZulu King Misuzulu kaZwelithini arrive ahead of the final ceremony of his coronation in Durban, South Africa, October 29, 2022. REUTERS/Rogan WardDURBAN, Oct 29 (Reuters) - Misuzulu, who has promised to unite his nation and protect tradition, was officially recognised as the AmaZulu King by the South African government on Saturday in the first Zulu coronation since 1971. Misuzulu kaZwelithini, 48, was crowned the king of South Africa's largest ethnic group in a customary celebration in August but required recognition from Ramaphosa to fully access government resources and support. Misuzulu's father, King Zwelithini, passed away in March 2021 after reining since 1971. King Misuzulu reigns over a divided royal family, with another faction, that includes some of his late father's wives and some of his siblings from the other palaces, recognising King Zwelithini's first-born son Prince Simakade as king.

It reported 15 million paid subscribers for its Peacock streaming service, up from 13 million in the previous quarter. Total company revenue fell 1.5% to $29.85 billion in the quarter, compared with estimates of $29.65 billion, according to Refinitiv data. Net loss attributable to Comcast was $4.6 billion, or $1.05 per share, compared with a profit of $4.04 billion, or 86 cents per share, a year earlier. The net loss was partly due to an $8.6 billion goodwill impairment charge in its UK pay-TV company, Sky. NBCUniversal's theme parks division generated $2.06 billion in revenue, versus $1.45 billion a year ago.

☆ The clock is ticking for Elon Musk to buy Twitter — and he's running out of time
▼ + stars: | 2022-10-25 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

ET to close his deal with Twitter or a trial date will be set. If Musk becomes Twitter's new owner, Twitter will undergo a chapter of major change and likely layoffs. When Musk initially filed to end the court case and buy the company at the original price, Twitter appeared wary of the billionaire's intentions. The company has said it will not close the deal until Musk can prove he has funding in place. Last week, The Washington Post reported that Musk planned to cut about 75% of the company's staff.

☆ I made $133,000 last year reselling on Poshmark. Here's how I started this side hustle that brings in more than my 9-to-5 and the common mistake I tell newbies to avoid.
▼ + stars: | 2022-10-25 | by ( Emily Courter | ) www.businessinsider.com time to read: +6 min

Ashley Peek started selling clothes on Poshmark when she was in college to clear out her closet. I started selling in college to clear out my closet. It didn't take long after I started reselling on Poshmark to realize I could pick up clothes at the thrift store and resell them online for a profit. I was sourcing items mostly from local consignment stores. In addition to the time spent sourcing items and shipping out sales, I'm a reselling-content creator.

☆ South Korea, U.S. in 'intense conversation' over EV tax credits, trade ambassador says
▼ + stars: | 2022-10-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

SAVANNAH, Ga. – South Korean officials are working closely with the U.S. government to adjust restrictive regulations on electric vehicles under the recently passed Inflation Reduction Act, according to the county's trade ambassador Tuesday. "We are in very intense conversation at the moment," Cho said Tuesday following the groundbreaking of a $5.5 billion electric vehicle plant by Hyundai Motor Group near Savannah, Georgia. Under the IRA, plug-in electric vehicles much be produced in North America to qualify for the tax incentives. U.S. Deputy Secretary of Commerce Don Graves during the event on Tuesday called South Korea a strong trade partner, but did not comment on the Inflation Reduction Act. Last week, U.S. Trade Representative Katherine Tai spoke with Korea's Minister for Trade Ahn Dukgeun about the IRA.

☆ Why former staffers for Alaska's long-serving GOP Rep. Don Young are backing Democratic Rep. Mary Peltola over Sarah Palin
▼ + stars: | 2022-10-21 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

Some of Alaska Rep. Don Young's former staffers are backing Rep. Mary Peltola, a Democrat. They say she'll carry on the long-serving Republican's legacy better than Sarah Palin or Nick Begich. Sarah Palin in a special election for the state's sole House seat, Democratic Rep. Mary Peltola is about to face voters once more. Equally revealing is what some staffers, who generally identify as Republican or right-leaning independents, had to say about Palin and Nick Begich III, Peltola's conservative opponents. But Young staffers noted that the long-serving Republican often took positions that clashed with the priorities of party leadership, including his relatively high support among organized labor.

☆ Daniel Snyder: Washington Commanders owner denies allegations he hired private investigators to follow other NFL owners
▼ + stars: | 2022-10-20 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +3 min

CNN —Washington Commanders owner Daniel Snyder has denied allegations that he hired private investigators to look into his NFL counterparts, as well as league commissioner Roger Goodell. I have never hired any private investigator to look into any owner or the Commissioner. I have never instructed or authorized my lawyers to hire any private investigator on my behalf for any such purpose. The NFL, however, declined to publicly release its findings, sparking a House Oversight Committee review in October. The NFL hired former Securities and Exchange Commission (SEC) Chairwoman Mary Jo White earlier this year to investigate workplace misconduct against Snyder.

☆ I bought a pre-built tiny house that now pays my mortgage. Here's how I set up the rental in my yard and for only an $18,000 down payment.
▼ + stars: | 2022-10-19 | by ( Jenna Gyimesi | ) www.businessinsider.com time to read: +9 min

She bought and rents out a tiny house in her yard to pay for her mortgage. For example, the tiny house in my yard completely pays the mortgage for the home my fiance and I live in. My first tiny house was a converted detached garage already in my yard. Steph DouglassMy tiny house was $89,000 and fully finished insideI bought a pre-built, fully finished tiny house from a local place called Creative Living Solutions for about $89,000 which included delivery and tie-down fees (which secure the tiny house in place). And then once I pay the management fees, my mortgage, and the tiny house mortgage I'm basically breaking even.

☆ Here are all five parts of our series on how to analyze an earnings report
▼ + stars: | 2022-10-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +85 min

Operating income Once we remove operating expenses from gross margin dollars , we are left with what is known as operating income. This is especially important from a cash flow perspective as many companies define free cash flow (a non-GAAP metric) as "operating cash flow less expenditures on property, plant and equipment." Part 3: Cash flow analysis The cash flow statement is the middle child in a financial report — it gets overlooked. Investors may look to use operating cash flow or free cash flow for this equation. AMC's cash flow Let's finish by taking a look at the cash flow statement.

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