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In mid-2020 Rome secured the lion's share of a 724-billion-euro kitty aimed at helping EU members emerge from COVID greener and more tech-friendly. Italy's 191.5 billion euros ($210 billion) of cheap loans and grants, to be received in tranches through 2026, was intended for productive investments in the bloc's most chronically stagnant economy. MICRO-PROJECTSMore than half the EU money is meant to go on digitalisation and ecological transition, with the rest devoted to sustainable transport, education, social cohesion and health. The government is still awaiting a 19-billion-euro tranche of the EU funds blocked in March over missed policy targets stemming from 2022. It brings Italy's byzantine rules closer to EU standards, but Gobbato said people will initially find it hard to adapt.
Persons: Flavio Lo Scalzo, Rome, Roberto Perotti, Giorgia Meloni, Mario Draghi, Giuseppe Conte, Carlo Messina, Intesa, Vittorio Soldavini, Davide Carlucci, It's, Gustavo Piga, Rome's, Ilaria, Dentons, Gobbato, Catherine Evans Organizations: REUTERS, Milan's Bocconi University, Treasury, European Central Bank, Technology, Tor Vergata University, Reuters, Thomson Locations: Milan, Italy, ROME, MILAN, tranches, Brussels, Italy's, Italian, Parma
Top 3 Amazon Gift Card dealsThe best gift cards for foodiesDeal icon An icon in the shape of a lightning bolt. Great Price Doordash Gift Card Give the gift of delicious food with a Doordash gift card. Great Price California Pizza Kitchen Gift Card Everybody loves pizza, so this California Pizza Kitchen gift card is a pretty safe bet. Deal Victoria's Secret Pink Gift Card Gift your friend or loved one some style with this Pink gift card from Victoria's Secret. Great Price Uber Gift Card For the traveler in your life, this Uber gift card could be the perfect accessory.
Persons: it's, you'll, Price, Robin, You'll, Price Dave, Dave, Buster's, you've, Elaine Benes, we've Organizations: Amazon Prime, Amazon, GameStop, Buffalo Wild Wings, Cheesecake, Regal, GAP Locations: Grubhub, California
ANTAKYA, Turkey — It was the Syrians who were responsible for the earthquakes. That’s what a Turkish man told Seyfeddin Selim, a refugee from Homs, Syria, who used to sell groceries in Antakya, the capital of Hatay province in southern Turkey. When the earthquakes hit in February, Mr. Selim’s shop was cleared out by looters before he could get there. Turkey is host to the largest number of refugees of any country in the world — and currently about 3.6 million Syrian refugees. For the first few years after the Syrian conflict began in 2011, Turkey’s open-door policy was a source of national pride, and Turkey was lauded for its emergency care.
Persons: Seyfeddin Selim, Selim’s, Selim didn’t, Turkey’s Organizations: Mr Locations: ANTAKYA, Turkey, Turkish, Homs, Syria, Antakya, Hatay
Both aged 20, born six days apart, the young guns who will be contesting the first men's Wimbledon quarter-final involving two players aged 21 or under in the professional era. A potential Wimbledon final between defending champion Djokovic and Alcaraz is the talk of the town, but with a 16-year age gap it is likely to be an intense but short-term rivalry. That is why there is so much excitement brewing about Wednesday's Alcaraz and Rune quarter-finals showdown - it could well be a juicy foretaste of things to come. "You're hoping, as Djokovic and Nadal wind down, you're hoping Alcaraz and Rune in particular step up and have a great rivalry because all sports need it." We played together since we were 12 years old," top seed Alcaraz said after his fourth-round win over Italian Matteo Berrettini on Monday.
Persons: Spain's Carlos Alcaraz, Italy's Matteo Berrettini, Hannah Mckay LONDON, Carlos Alcaraz, Holger Rune, Alcaraz, Rune, Roger Federer, Rafa Nadal, Novak Djokovic, Djokovic, they've, John McEnroe, Bjorn Borg, Wednesday's, Matteo Berrettini, Rune's, Alejandro Davidovich Fokina, Daniil Medvedev, Christopher Eubanks, Eubanks, Arthur Ashe, Stefanos Tsitsipas, Martyn Herman, Ken Ferris Organizations: Lawn Tennis, Croquet Club, Italy's Matteo Berrettini REUTERS, Wimbledon, U.S, Nadal, Thomson Locations: London, Britain
Wells Fargo (WFC) and Morgan Stanley (MS), our two financial holdings, will report quarterly numbers Friday and a week from Tuesday, respectively. All 23 institutions tested, including Wells Fargo and Morgan Stanley, passed the exercise that simulates a hypothetical severe global recession. Wells Fargo and Morgan Stanley announced increases in their capital returns to shareholders after clearing that regulatory hurdle. WFC YTD mountain Wells Fargo YTD performance Wells Fargo has a unique story among the major U.S. banks because of its multiyear restructuring plan. MS YTD mountain Morgan Stanley YTD performance When Morgan Stanley reports, net assets in its wealth management (WM) business will be a key metric.
Persons: Wells Fargo, Morgan Stanley, Christopher Whalen, Whalen, Banks, Wells, ROTCE, there's, Jim Cramer's, Jim Cramer, Jim, JPMorgan, Goldman Sachs Organizations: Federal, Silicon Valley Bank, Street, Street Journal, CNBC, Barclays, Investment, Citibank, JPMorgan Chase, Bank of America, Reuters Locations: U.S, Silicon, SVB, Wells, Wells Fargo
How to spice up your pantry the Mediterranean way
  + stars: | 2023-07-09 | by ( Susan Puckett | ) edition.cnn.com   time to read: +8 min
But it was the tart, earthy, tingly, subtly sweet notes provided by the sumac and Aleppo pepper that made such a lasting impression. Extra-virgin olive oil, yogurt and feta cheese are dietary mainstays, along with seasonal produce, legumes, whole grains and lean proteins. Made from deep-red Halaby chile peppers, Aleppo pepper is named for the Syrian city where it once grew in abundance. Dukkah, a blend of nuts, seeds and warm spices, makes a savory, crunchy topping on everything from soups to salads. Baharat is just one of a combination of warm spices that can punch up a chicken dish the Mediterranean way.
Persons: CNN —, Suzy Karadsheh, Ionut Groza, , ” Michelle Lee, Karadsheh, el hanout, ” Karadsheh, , It’s, ” Susan Puckett Organizations: CNN, Karadsheh, The Atlanta Locations: Aleppo, Atlanta, Eastern, Europe, North Africa, Syria, Turkey
watch nowZoom is "doubling down" on its technical investments in the Asia-Pacific region as it seeks to strengthen growth, said the video communications company on Friday. We made a strong commitment about two years ago to really turn on the speed and step on the gas," Abe Smith, Zoom's head of international, told "Squawk Box Asia." watch nowHowever, Smith said Zoom is "extremely optimistic" about the growth of its phone product in Asia Pacific. Zoom's A.I. Zoom's big bet on AI also includes an investment in Anthropic, an AI safety and research company, back in May.
Persons: Abe Smith, Zoom's, Smith Organizations: Microsoft Locations: Asia, Pacific, Singapore, India, Chennai, Bangalore, Asia Pacific, Anthropic
Just four years ago, a joint American and Chinese effort to stem the flow of fentanyl produced in China from reaching the United States appeared set to take off. Beijing had unveiled a sweeping new law banning the synthetic opioid, leading the Trump administration to praise China’s top leader, Xi Jinping, for “a wonderful humanitarian gesture.”Soon, Chinese and American law enforcement agents joined forces to investigate and prosecute fentanyl traffickers in China. But today, cooperation between the two countries on fentanyl is at an impasse. Mutual efforts to crack down on a narcotic responsible for tens of thousands of drug overdoses in the United States each year have been thwarted by wider geopolitical tensions over trade, human rights, Russia and Taiwan. The failure to cooperate on fentanyl interdiction is emblematic of the myriad ways the bilateral relationship has run aground.
Persons: Trump, China’s, Xi Jinping, Antony J, Blinken Locations: China, United States, Beijing, Russia, Taiwan
Gateway is actually the second attempt at adding a rail tunnel under the Hudson. The first, known as the ARC tunnel, got as far as the start of construction before Chris Christie, then the Republican governor of New Jersey, put a stop to it in 2010. The federal government had pledged to contribute $3 billion to ARC, but New Jersey would have been responsible for any cost overruns. If he had not canceled ARC, that tunnel might have already been in use. Still, more than 20 years after transportation officials started drawing up plans for a modern rail tunnel under the Hudson, its arrival is at least 12 years off.
Persons: Chris Christie, Christie, Barack Obama, Donald J, Trump, Obama, Biden, Schumer Organizations: ARC, Republican, Amtrak, Mr, Democratic, Hudson Locations: Hudson, New Jersey, Manhattan, New York
The core team behind the once-viral social-media app Poparazzi has been hired by Meta. Poparazzi, an anti-selfie photo-sharing app that encouraged users to snap pictures of their friends, skyrocketed briefly to the top of Apple's US App Store after launching in 2021. Now, four Poparazzi staffers, including its engineers and CEO Alex Ma, are employees of Meta, Insider has learned. Poparazzi cofounders Austen and Alex Ma. "Our journey to Poparazzi started 4 years ago with a simple goal: to connect people authentically," Alex Ma wrote in the Medium post.
Persons: Poparazzi, Alex Ma, Meta, Alex, Austen Ma, Ma, TTYL, Poparazzi cofounders Austen, Poparazzi's Organizations: Apple, Meta, Benchmark, TechCrunch, Facebook
Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Advantages of Joint Credit CardsShared Financial ResponsibilityJoint credit cards are a testament to mutual trust, allowing two individuals to manage expenses collectively. Building Credit TogetherFor couples or partners looking to build or repair their credit scores, a joint credit card can be a strategic tool. AdvertisementHow to Apply for a Joint Credit CardEligibility and RequirementsUnderstanding eligibility criteria and the necessary documentation is the first step in your joint credit card journey. Converting a joint credit card into an individual account can be challenging as most credit card companies do not allow this directly.
Persons: , It's Organizations: Service
Steve Storm / Anglesea Golf ClubWater hazardsThere is no need for a no-petting rule for other animals that commonly inhabit Australian golf course – chief among them, crocodiles. “Everyone asks about crocodiles – some out of fear, others excitement,” Half Moon Bay’s general manager Tim Mackrill told CNN. Half Moon Bay Golf ClubOperating in the course’s favor is a “crocwise” nature built into the majority of the club’s players. The last big crocodile to be removed by rangers from Half Moon Bay was in 2019. Half Moon Bay Golf ClubHissing holeSometimes though, it’s inquisitive wildlife that brings potential danger to patrons.
Persons: ‘ Roos, ‘ roos, It’s, Marg Lacey, , ” Anglesea, ” Lacey, roos, you’ve, , Steve Storm, Tim Mackrill, ” Mackrill, Amanda Jayne, Jayne, Jayne’s, Luke Goodier, ” Jayne, it’s Organizations: CNN, Golf, , birdlife, The Locations: Australia, Melbourne, , England, Australian, Northern Territory, Queensland, Cairns, Eastern Australia
TikTok creators can get paid with 1,000 or more followers through livestreaming subscriptions and virtual "gifts." To receive subscription revenue from TikTok Live : a creator must be 18 years or older and have a minimum of 1,000 followers. : a creator must have at least 10,000 followers and at least 100,000 video views in the past 30 days. Some creators who have disclosed their TikTok creator fund earnings, including Hank Green (7.6 million followers), said they were paid a few cents for every 1,000 views they generated on the app. Emmanuel BaidenMaking money through sponsored song challengesOne common way for TikTok creators to make money is by promoting songs in videos.
Persons: TikTok, TikTok's, it's, Addison Rae Easterling, TikTokers, Hank Green, Read, Kevin Yatsushiro, Jalyn, Baiden, Emmanuel Baiden, that's, Pearpop's, Cole Mason Organizations: TikTok Locations: US, France, Spain, Italy, Germany, TikTok's
An Australian project management company is suing Twitter for around $700,000 of unpaid bills. That includes work fitting-out Twitter's Singapore office, and clearing out its Australian one. Twitter is facing another lawsuit accusing it of not paying bills — including for work clearing out the company's Australian office. That's a week before its first round of mass layoffs affected the Singapore office, Insider previously reported. The London office has already been involved in another lawsuit, as the landlord — King Charles III's Crown Estate — accused Twitter of failing to pay rent.
Persons: Elon Musk's, , Elon Musk, That's, Musk, Kali Hays, — King Charles III's, Twitter Organizations: Twitter, Morning, Northern District of, Reuters, Elon, Sydney Morning Herald, Musk's, Denver Business Locations: Australian, Singapore, Northern District, Northern District of California, Australia, London, Dublin, Boulder , Colorado, Denver
You don't get the best first-half Nasdaq rally in 40 years simply because the Federal Reserve did this, or the yield curve in the bond market did that. It was almost as if it was prosaic to seek profits, like, "How dare you defy the teachings of the yield curve, you foolish soon-to-be- broke apostate." It was the second move, the second week of March, that told the second tale of the first half: the fall of Silicon Valley Bank. Here we had an out-of-nowhere collapse of a well-known seemingly well-run bank that ran afoul, again, of the yield curve. No company could rival Club stocks Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Microsoft and Meta Platforms (META) — nice metamorphous there and Tesla , not a Club name.
Persons: William Jennings Bryan, Gandhi, Bud, Altman, Sam Altman, Jensen Huang, Jensen, mutt, Cezanne, Monet, Shakespeare's Henry IV, Carl Quintanilla, David Faber, da, Lisa's, Wendy's, Scylla, Charybdis, ChatGPT, haut, Morgan Stanley's Mike Wilson, aren't, They've, isn't, Goldman Sachs, Tesla, Didn't, Freddie, Lehman, Jerome Powell, We've, it's, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Mad Organizations: Nasdaq, Federal Reserve, Intel, The New York Times, Veterans, Club, Microsoft, Nvidia, Globe Theatre, Silicon Valley Bank, Fed, Apple, Meta, RCA, US Steel, Washington Mutual, AIG, IBM, Jim Cramer's Charitable, CNBC, NYSE Locations: America, Philadelphia, OpenAI, Oz, Queens, mull, Ithaca, Weimar, Silicon, Republic, Valley, Delray , Florida, Alleghany, China
But Kennelly said damages under the biometric law were discretionary, and so "BNSF is entitled to have a jury determine the appropriate amount of damages." The trial was the first to be held under the Illinois biometric privacy law, which is among the most stringent nationwide in protecting sensitive personal information. The jury in Chicago last year concluded BNSF "recklessly or intentionally" violated the Illinois biometric privacy law 45,600 times. Lawyers for BNSF said in a post-trial brief that the Illinois biometric law contains the word "may" and that "there is the option not to award damages, or to award damages in any amount less than the statutory maximum." The case is Rogers v. BNSF Railway Company, U.S. District Court, Northern District of Illinois, No.
Persons: Berkshire Hathaway, Matthew Kennelly, Kennelly, Warren Buffett's Berkshire Hathaway, Jon Loevy, Myles McGuire, David Gerbie, Elizabeth Herrington, Lewis, Bockius Read, Mike Scarcella, Leigh Jones, Matthew Lewis Organizations: Law, BNSF, Berkshire, BNSF Railway, District, Facebook, Rogers, . BNSF Railway Company, Court, Northern District of, McGuire Law, Thomson, & $ Locations: U.S, Illinois, Fort Worth , Texas, Chicago, Northern District, Northern District of Illinois, Morgan
The job of family offices, investment firms tasked with managing the fortunes of the ultra-rich, has never been about getting massive returns. Which is why Hayley Cuccinello's story on family offices investing in artificial intelligence is so fascinating. Hayley spoke to executives at family offices about how they're navigating the modern-day gold rush that is AI investing. Of course, a lot of those deals never materialized and most family offices have now largely eschewed digital currencies altogether. The difference is family offices have largely gotten in on AI long before the bandwagon arrived, Hayley reports.
Persons: Dan DeFrancesco, It's, we've, Samantha Lee, Hayley Cuccinello's, Hayley, it's, Read, Erin McDowell, Goldman, Bill Gates, Morgan Stanley, James Gorman, Caniacs, Jeffrey Cane, Hallam Bullock Organizations: Mastercard, Refinitiv, Intelligence, Gates Ventures, Wall Street, LinkedIn Locations: Here's, Wall, Silicon, insider.com, Spain, Austin , Texas, Midtown Manhattan, New York City, New York, London
Seemingly everyone I interacted with as a tutor — white or brown, rich or poor, student or parent — believed that getting into an elite college required what I came to call racial gamification. Be it for an acceptance letter or a tenure-track professorship, the incentives at elite universities encourage and reward racial gamification. This will only get worse now that the Supreme Court has rejected affirmative action in college admissions. Let me be clear that I am not an opponent of affirmative action. Yet I also believe that affirmative action — though necessary — has inadvertently helped create a warped and race-obsessed American university culture.
Persons: Organizations: Haverford College, New York University, Bates College
Overstock.com is going all in on failed retailer Bed Bath & Beyond. It will relaunch the Bed Bath & Beyond website in Canada within the next week, followed by a rollout of a website, mobile app and loyalty program in the U.S. "weeks later." "Bed Bath & Beyond is an iconic consumer brand, well-known in the home retail marketplace," Overstock CEO Jonathan Johnson said in a statement. Overstock will not acquire any brick-and-mortar Bed Bath stores as part of the deal. A number of bidders have expressed interest in Buy Buy Baby's stores but it remains unclear if any will be bought and kept open.
Persons: Overstock, Jonathan Johnson Organizations: United Parcel Service, Bed Locations: Salt Lake City , Utah, Overstock.com, Canada, U.S
STEEP GROWTH, EVERYWHEREAsia dominates the global wind power market, accounting for just over 47% of the worldwide capacity growth in 2022, according to Ember. Annual wind power generation capacity growth by regionOutside of Asia, Europe was the fastest growing region in terms of wind capacity in 2022, where installed capacity expanded by close to 20 GW, or by 8.4%. North America was the next largest wind capacity developer, with 8.84 GW, followed by Latin America, which expanded capacity by 4.36 GW. WIND GROWTH MORE BALANCED THAN SOLARWith just over half of all wind capacity growth occurring outside of Asia in 2022, global wind turbine producers and installation firms have had a larger share of international opportunities than their counterparts in the solar business. In combination with continued strong demand for wind power supply capacity and substantially cheaper supply chain flows, the expected improvements in each firms' wind segment performance should also yield improvements in future financial metrics.
Persons: gigawatts, Vestas, Gavin Maguire, Kim Coghill Organizations: Germany's Siemens Energy, Electric Co, Science & Technology, Siemens, GE, Reuters, Thomson Locations: LITTLETON , Colorado, United States, Danish, Xinjiang, Asia, Ember, China, Europe, North America, America, Africa, Oceania, Freightos
The rapidly aging population is expected to be a boon for senior housing. About 50% of those in assisted living facilities, for example, are aged 85 and older, while 31% are between 75 and 84 years old, according to the National Center for Assisted Living . Bumpy road but 'attractive valuation' ahead Right now, senior housing is seeing favorable demographics, as well as improving fundamentals and margins, said NIC's Clapp. There's a point where for each incremental bed added in senior housing, you might not need another worker in the building, he explained. Other names tied to the trend include Ensign and Omega Healthcare Investors , which both provide skilled nursing and senior living services, as well as Brookdale Senior Living , an operator of senior living communities with just a $755 million market cap.
Persons: Wells, Connor Siversky, Welltower, Ventas, Raymond James, Jonathan Hughes, You've, they've, Caroline Clapp, Greg Kuhl, Janus Henderson, We've, we've, Kuhl, Siversky, NIC's Clapp, Clapp, there's, Stocks, Janus Henderson's Kuhl, that's, Hughes, CNBC's Michael Bloom Organizations: . Census, National Center for, National Investment Center, Seniors Housing, Care, U.S . Census Bureau, NIC, Investors, Estate Fund, Omega Healthcare Investors Locations: U.S, NOI
The Polar Prince, the ship from which the submersible was launched, is of Canadian registry and based out of Canada. Both the United States Senate and the British Board of Trade led investigations into the loss of the ocean liner. The United States has not even ratified the U.N. convention. Meaning that if Titan was launched from a Canadian ship, from a Canadian port, Canada has jurisdiction. At present, it’s unclear which country has jurisdiction in the Titan investigation, as the craft was reportedly built in the United States but launched from a Canadian vessel.
Organizations: Canadian Transportation, U.S . Coast Guard, Marine Board of, U.S . National Transportation Safety, Titanic, United States Senate, British Board of Trade, Titan, United Nations ’ International Maritime Organization, Federal Aviation Administration, United Nations Convention, United, International Maritime Organization Locations: Canada, U.S, United States, Canadian
Don’t get caught up in the melodrama of the Florida trial! Judge Aileen M. Cannon has myriad tactics at her disposal to delay, disrupt and derail the proceedings. She can influence jury selection, undercutting chances of a unanimous guilty verdict. Even if the jury reaches that conclusion, it is the judge who sets the sentence. Why not assume that the chances of conviction and a serious sentence are small and turn your attention to other matters of national significance?
Persons: Don’t, craves, Jack Smith, Aileen M, Cannon Locations: America, Florida
Thyssenkrupp hydrogen IPO calls for leap of faith
  + stars: | 2023-06-22 | by ( Pamela Barbaglia | ) www.reuters.com   time to read: +5 min
Once known as the Swiss army knife of climate change for its myriad potential applications in heating, heavy industry and vehicles, green hydrogen has fallen to earth. High fossil fuel prices have also made green hydrogen more affordable relative to other types made from gas. Yet green hydrogen is mostly confined to large-scale industrial usages like steel and ammonia manufacturing. López Borrego will do well to get his IPO away at 3 billion euros without a tangible discount. Switching an average European steel site to green hydrogen could cost 7 billion euros, according to a Hydrogen Europe report.
Persons: Miguel Ángel López Borrego, Thyssenkrupp, DNR.MI, Nucera, López Borrego, Nora, George Hay, Streisand Neto Organizations: Reuters, Nucera, Industrie, Energy, ITM, Mingyang Smart Energy, Reuters Graphics Reuters, Thyssenkrupp, European, Council, Thomson Locations: Frankfurt, Dortmund, U.S, Swiss, Saudi
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: AMD is 'okay' just not as 'fabulous' as the market thought it was, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: BWX Technologies, British American Tobacco, Snap, AMD, Crown Castle, Myriad Genetics, Iron Mountain, Philip Morris and Meta.
Persons: Jim Cramer, Philip Morris Organizations: AMD, BWX Technologies, British, Tobacco, Crown, Myriad Genetics, Meta
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