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☆ Russian Oligarch’s Property Manager Charged With Helping Evade Sanctions
  + stars: | 2022-10-11 | by ( Dylan Tokar | ) www.wsj.com   time to read: +2 min
Graham Bonham-Carter was indicted by a grand jury in the Southern District of New York on sanctions evasion conspiracy and wire fraud charges. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. PREVIEW Mr. Bonham-Carter, 62 years old, worked primarily as a property manager for Mr. Deripaska, according to the recent indictment. Mr. Bonham-Carter also attempted to illegally transfer artwork purchased by Mr. Deripaska from a New York auction house to London, they said. Mr. Bonham-Carter couldn’t immediately be reached for comment.
☆ British businessman charged over helping Russian oligarch evade U.S. sanctions
  + stars: | 2022-10-11 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com   time to read: +3 min
NEW YORK, Oct 11 (Reuters) - British businessman Graham Bonham-Carter was arrested on U.S. charges of conspiring to violate sanctions placed on Russian oligarch Oleg Deripaska, prosecutors said on Tuesday. Bonham-Carter was arrested in the United Kingdom, and federal prosecutors in Manhattan said they will seek his extradition. Prosecutors said Bonham-Carter made payments for U.S. properties owned by Deripaska and tried to move the aluminum magnate's artwork in the United States overseas. A lawyer for Bonham-Carter, who is also charged with wire fraud, did not immediately respond to a request for comment. Prosecutors said Bonham-Carter has worked for entities controlled by Deripaska since around 2003, and managed his residential properties in the United Kingdom and Europe.
☆ How laser cleaning deep cleans 40 years of rust on cars
  + stars: | 2022-10-11 | by ( Anthony Dinardo | ) www.businessinsider.com   time to read: +7 min
Laser cleaning is a process in which a specific frequency of light is used to target surface rust. TikToker Workshop Rebuild shares his process for laser cleaning a car covered in 40 years of rust. Laser cleaning is a process where a laser beam gets emitted from a laser-cleaning machine. And this handheld device will always be pointed towards a metal surface with any surface contaminants. So how does laser cleaning actually work?
☆ A 31-year-old woman started her own trucking business with no money and made $1.4 million in one year. Here's how she did it.
  + stars: | 2022-10-09 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com   time to read: +5 min
Brittany Traylor was a truck driver for five years before starting her own trucking company in 2021. Through brokerage and dispatching, Traylor Transpo generated $1.4 million in revenue last year. In January 2021, she established her trucking brokerage and dispatching company, Traylor Transpo. Becoming a trusted ally in a difficult fieldTraylor was a truck driver for five years before starting her business. Yet Traylor encourages anyone interested in starting a trucking business not to be dissuaded by the market.
☆ Mountain Girl’s heartbreaking memoir: An icon of the Sixties opens up about Jerry Garcia, Ken Kesey, and what the age of free love was really like
  + stars: | 2022-10-09 | by ( David Kushner | ) www.businessinsider.com   time to read: +40 min
Now 76 and living in Oregon, Mountain Girl has gave us an exclusive look at her memoir. Altamont, the free concert that Mountain Girl and Jerry Garcia helped organized, was meant to revive the spirit of the Sixties. Today, 60 years since she took that ride with Neal Cassady, Mountain Girl is still forging her own path. Before I leave Kesey's farm, Mountain Girl and I walk outside to the old brown barn where Furthur now rests. But for Mountain Girl, it lives forever, an emblem of everything her generation believed in, and all that they achieved.
☆ Target Deal Days: 14 best deals from Apple, KitchenAid and more
  + stars: | 2022-10-08 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com   time to read: +9 min
Ahead of Amazon’s Prime Early Access Sale — which officially goes live on Oct. 11 — Target is hosting its second Deal Days event. To help you make the most of the fleeting shopping holiday, we compiled some of the best deals and sales live on Target now. The best deals during Target Deal DaysBelow, we’re sharing the best Target deals based on our previous coverage and reporting. The best Target Deal Days salesHere are the best sales during Target Deal Days right now that we think you’ll want to know about. The best Prime Day sales at other retailersIn addition to Target and Amazon, the following retailers are also offering notable sales.
☆ Google Pixel event: Tech giant unveils new smartphones and its first smartwatch
  + stars: | 2022-10-06 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +6 min
CNN —Google on Thursday unveiled its new Pixel 7 smartphone lineup and its first-ever Pixel smartwatch, packed with tracking and health features from its subsidiary Fitbit. The new Google Pixel 7 and Google Pixel 7 Pro GoogleBoth models run on Google’s new Tensor G2 processor, which powers the device’s machine learning and speech recognition capabilities, and several camera features. But one area where Google could make a greater impact this year is with the introduction of the Pixel watch. The Google Pixel Watch GoogleThe new 41 mm Google Pixel Watch features a circular, domed-shaped Gorilla Glass display that’s scratch- and water-resistant. The Pixel Watch comes in black, gold and silver finishes.
☆ With Interest Rates Rising, Companies Look to Unload Pension Liabilities
  + stars: | 2022-09-28 | by ( Jennifer Williams-Alvarez | ) www.wsj.com   time to read: +6 min
Rising interest rates are boosting corporate pension plans, providing finance chiefs with an option to lighten their companies’ balance sheets and transfer obligations to insurers. PREVIEWWhen interest rates rise, liabilities for defined-benefit plans—a type of pension plan that promises fixed amounts to participants—shrink. They can also move just a portion of their pension obligations, but that still requires a high funding status. “If interest rates level off or decrease, the funded status could fall pretty quickly,” said Matt McDaniel, a partner at Mercer who advises companies on pension risk transfers. Recent stock market declines have hurt some defined-benefit pension plans invested in publicly traded equities, Mr. McDaniel said.
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☆ Two of the most notable short sellers say this company is the aluminum siding of the 21st century
  + stars: | 2022-09-28 | by ( Yun Li | ) www.cnbc.com   time to read: +2 min
Jim Chanos and Carson Block, two of Wall Street's biggest short sellers, fired shots at Sunrun , saying the residential solar company is not as "green" as many investors think. "This company is the aluminum siding of the 21st century for those who are old enough to know what I'm talking about," Chanos, founder of Kynikos Associates, said at CNBC's Delivering Alpha Investor Summit in New York City Wednesday. Aluminum re-sidings were prevalent in the 70s and 80s but they fell out of favor as the material was susceptible to scratches and dents. Muddy Waters Capital CIO Carson Block said he has a short position against Sunrun, taking issue with the way the company deals with tax subsidies from the government. "Muddy Waters has its 'facts' wrong.
☆ SunRun is the aluminum siding of the 21st century, says Jim Chanos
  + stars: | 2022-09-28 | 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 EmailSunRun is the aluminum siding of the 21st century, says Jim ChanosLegendary investor Jim Chanos and Carson Block, investor and founder of Muddy Waters Research, join CNBC's Dominic Chu at the Delivering Alpha conference to discuss investing in alternative energy given the focus following the Inflation Reduction Act.
☆ Study tries to see if child vaccines and asthma are linked
  + stars: | 2022-09-27 | by ( The Associated Press | ) www.nbcnews.com   time to read: +7 min
Even if a link were ever found, the life-saving benefits of the vaccines are still likely to outweigh the asthma risk, said Dr. Matthew Daley, the study’s lead author. But it’s possible that if the results are confirmed, it could prompt new work to redesign vaccines, he added. Dr. Paul Offit, of Children’s Hospital of Philadelphia, worried that the flawed study will needlessly scare some families away from proven vaccines. Several previous studies didn’t find a link between aluminum-containing childhood vaccines and allergies and asthma. About 4% of U.S. children under 5 have persistent asthma.
☆ 11 best exercise bikes in 2022 for indoor cycling
  + stars: | 2022-09-23 | by ( Justin Krajeski | Justin Krajeski Is An Associate Editor For Select On Nbc News. | ) www.nbcnews.com   time to read: +16 min
LEARN MORE Best exercise bikes to shopWhen it comes to deciding which stationary bike is best for you, it’s important to determine how much you’ll exercise — as well as where and when. Maybe you want to easily adjust the bike’s resistance, move its handlebars or just need something quiet for nighttime sweats. Best exercise bikes to shopWe highlighted stationary bikes that cost less than $700, focusing on those with great customer reviews. (Unlike most of the higher-end models, budget stationary bikes don’t list how many resistance levels they have.) (Unlike most of the higher-end models, budget stationary bikes don’t list how many resistance levels they have.)
☆ GM to invest $760 million to shift Ohio plant to EV-part production
  + stars: | 2022-09-23 | by ( ) www.reuters.com   time to read: +2 min
Register now for FREE unlimited access to Reuters.com RegisterThe new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca CookToledo, OHIO/WASHINGTON, Sept 23 (Reuters) - General Motors Co (GM.N) said Friday it will invest $760 million at its Toledo, Ohio factory to build drive units for electric trucks, the automaker's first U.S. powertrain facility repurposed for EV-related production. Congress in August approved significant financial incentives for automakers to convert plants producing parts for gasoline-pore vehicles to electric models. Many autoworkers have expressed concerns about the shift to EVs and if it would impact current auto employment. Register now for FREE unlimited access to Reuters.com RegisterReporting by David Shepardson and Joseph White Editing by Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.
☆ Qualcomm's first auto investor day offers signs the industry is embracing its tech platform
  + stars: | 2022-09-22 | by ( Kevin Stankiewicz | ) www.cnbc.com   time to read: +7 min
The estimated figure stems from Qualcomm's deals with auto companies that it expects to translate into sales in future years. Its booming auto pipeline and additional tie-ups with vehicle original equipment manufacturers (OEMs) offer more evidence that the industry is embracing its automotive platform. More Club thoughts Thursday's auto event has been circled on our calendars because it goes to the heart of our investment thesis in the company: revenue diversification. Nonetheless, the market has not been kind to Qualcomm's stock price this year, sending it down by more than 30%, as investors jumped ship over fears of a smartphone slowdown and higher interest rates. Qualcomm's stock closed down 0.75% on Thursday, at $123.68 a share.
☆ Here are Thursday's biggest analyst calls: Amazon, Eli Lilly, Bed Bath & Beyond, Nike, Exxon & more
  + stars: | 2022-09-22 | by ( Michael Bloom | ) www.cnbc.com   time to read: +5 min
Here are the biggest calls on Wall Street on Thursday: UBS upgrades Eli Lilly to buy from neutral UBS says it's bullish on the company's weight loss drug and sees upside potential. Morgan Stanley reiterates Amazon as overweight Morgan Stanley says the company's fulfillment network is the next great catalyst for Amazon shares. "The cybersecurity industry comprises what we see as five main pillars: identity, endpoint security, data security, network security, and cloud security. Morgan Stanley reiterates Microsoft as overweight Morgan Stanley says it sees an attractive risk/reward after meeting with company management. Morgan Stanley reiterates Meta as overweight Morgan Stanley says that reports of Meta cutting costs could prove to be an earnings tailwind.
☆ Stocks making the biggest moves midday: Novavax, Darden Restaurants, Eli Lilly and more
  + stars: | 2022-09-22 | by ( Jesse Pound | ) www.cnbc.com   time to read: +4 min
Darden Restaurants — Shares of Olive Garden's parent company fell more than 4% after Darden's fiscal first-quarter results showed lighter-than-expected revenue. The company reported $1.56 in earnings per share on $2.45 billion of revenue. Eli Lilly — The pharmaceutical stock climbed 4.2% after UBS upgraded Eli Lilly to buy from neutral. KB Home – Shares of homebuilder KB Home slipped 4% after the company reported earnings that disappointed Wall Street's revenue expectations. The company reported $3.13 in adjusted earnings per share, below the $3.20 anticipated by analysts, according to Refinitiv.
☆ Duke Energy is one of the top leakers of a gas that is 25,000 times more polluting than carbon dioxide, EPA records show
  + stars: | 2022-09-21 | by ( Phil Mckenna | Inside Climate News | ) www.nbcnews.com   time to read: +22 min
The emissions were equal to the annual greenhouse gas emissions of more than 59,000 automobiles, according to the EPA’s greenhouse gas equivalency calculator. Under such a scenario Duke Energy would likely have years of low emissions punctuated by a single year of high emissions. While other utilities have participated for decades in a voluntary program with the EPA to reduce SF6 emissions to next to nothing, Duke Energy has not. Brooks said Duke Energy is also targeting its most leaky equipment for faster replacement. The figure is roughly half of 1% of all greenhouse gas emissions worldwide, far smaller than yearly emissions of carbon dioxide, the primary driver of climate change.
☆ Auto suppliers raising prices for Ford - and beyond
  + stars: | 2022-09-21 | by ( Ben Klayman Joseph White | Ben Klayman | Joseph White | ) www.reuters.com   time to read: +4 min
An assembly worker of Ford Motor works on the 40 millionth Ford Motor F-series pickup truck at the Dearborn Truck Plant in Dearborn, Michigan, U.S., January 26, 2022. REUTERS/Rebecca Cook/File PhotoDETROIT, Sept 21 (Reuters) - Automotive industry suppliers are raising prices to their customers across the board, not just with Ford Motor Co(F.N), which warned this week it was taking a $1 billion inflationary cost hit. Several suppliers said Ford isn't suffering alone, as automakers across the board are being asked to shoulder more of the burden suppliers have faced from spiking energy, labor and raw material costs. Suppliers contacted by Reuters said they have raised prices on parts in the range of 7% to 20%. Many suppliers can't move fast enough, offering trailing contracts that leave them squeezing costs and accepting lower profit margins when prices spike.
☆ How to make a jet-engine-powered Tesla
  + stars: | 2022-09-20 | by ( Daniel Gessner | ) www.businessinsider.com   time to read: +5 min
That's why in late 2021, YouTuber and engineering whiz Matt Mikka developed his own boosted Tesla. Matt Mikka: So, what inspired that project was that Tesla said they were going to do these cold thrusters, basically high-pressure compressed air. One of those engines I used on the Tesla project was about 350 newtons, and a cold thruster isn't going to give you anywhere near that. Narrator: Matt's Tesla project also involved a ton of metal fabrication to create parts. Narrator: Next came mounting the jet engines, which is not an easy task when it comes to Teslas.
☆ Why planes are repainted so often
  + stars: | 2022-09-20 | by ( Anthony Dinardo | ) www.businessinsider.com   time to read: +5 min
Narrator: Over the course of a 20- to 30-year life span, commercial planes are completely repainted as often as every seven to 10 years, depending on the size, accumulated flight time, and the climate of the plane's route. On top of that, for larger planes, the process can take two weeks, meaning airlines take a financial hit every time a plane in their fleet needs a touch-up. After covering windows and other sensitive areas to avoid damage, workers sand down logos by hand and apply a heavy paint thinner that melts the paint away overnight. That's why a greenish-yellow compound containing zinc chromate is sprayed to cover the plane's bare aluminum body. Additionally, planes are typically painted light shades, like white or gray, to reflect heat from the sun.
☆ Ukraine's troops have been highly effective with the M777 howitzer, but US troops can turn it into a 'giant sniper rifle'
  + stars: | 2022-09-18 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com   time to read: +10 min
US troops also have a new targeting system that makes the M777 even more precise. LCpl Samantha L. Jones/USMCIn 1979, the M198 155mm medium-towed howitzer entered service for the United States. While it would take two C-130s to deliver an M198 artillery system to the battlefield, the entire M777 setup could arrive in just one. That's more than all of the 155mm artillery rounds fired by the entire US military in the 2003 invasion of Iraq. US soldiers with the Joint Effects Targeting System Target Laser Designation System at Fort Greely in Alaska.
☆ Every iPhone 14 model compared: How Apple's new phones stack up on price, camera, storage, and more
  + stars: | 2022-09-15 | by ( William Antonelli | Tech Reporter For Insider Reviews | Read More | ) www.businessinsider.com   time to read: +10 min
This year, Apple released four new smartphones: the iPhone 14, the iPhone 14 Plus, the iPhone 14 Pro, and the iPhone 14 Pro Max. The iPhone 14 and iPhone 14 Plus are Apple's "budget" options, while the iPhone 14 Pro and Pro Max are "premium" phones with additional features. The iPhone 14 and iPhone 14 Pro are the smaller versions, while the iPhone 14 Plus and iPhone 14 Pro Max are bigger. According to Apple, the iPhone 14 has the lowest battery life, followed by the iPhone 14 Pro, and then the iPhone 14 Plus, and finally the iPhone 14 Pro Max. If left playing video, the iPhone 14 lasts 20 hours; the iPhone 14 Pro lasts 23 hours; the iPhone 14 Plus lasts 26 hours; and the iPhone 14 Pro Max lasts 29 hours.
☆ Apple Watch review: Series 8 isn't worth an upgrade. The SE is the best value
  + stars: | 2022-09-15 | by ( Sofia Pitt | ) www.cnbc.com   time to read: +6 min
Sofia PittI've been testing the new Apple Watch Series 8 and Apple Watch SE second generation ahead of their release Friday. The second-generation Apple Watch SE comes only in aluminum in either 44mm or 40mm, and it doesn't have the always-on display. Apple Watch SE. Apple Watch Series 8. Apple Watch SE.
☆ Patagonia founder gives away company, ensuring profits go to fight climate change
  + stars: | 2022-09-14 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. He Can Be Reached At Evan.Bush Nbcuni.Com. | ) www.nbcnews.com   time to read: +3 min
The founder of the outdoor brand Patagonia has relinquished his ownership in the business and directed its profits to fight climate change. "Instead of extracting value from nature and transforming it into wealth, we are using the wealth Patagonia creates to protect the source. The company expects to contribute roughly $100 million to the Holdfast Collective through an annual dividend depending on the businesses' success. The Patagonia brand, Hayes noted, charges a premium, in part, because of the values it represents. Hayes said businesses in manufacturing or extractive industries in a capitalist economy that requires growth ultimately run into conflicts with environmental and climate values.
☆ Apple iPhone 14 review: Get the Pro model if you're upgrading this year
  + stars: | 2022-09-14 | by ( Sofia Pitt | ) www.cnbc.com   time to read: +8 min
In this article AAPLiPhone 14 Pro Max, iPhone 14 Pro, iPhone 14. I've been testing the $799 iPhone 14, $999 iPhone 14 Pro, and the $1,099 iPhone 14 Pro Max for the past several days. Delivery wait times for the iPhone 14 Pro and Pro Max are already longer than last year's waiting period for the iPhone 13 Pro models. iPhone 14 Pro Max, iPhone 14 Pro, iPhone 14. iPhone 14 Pro: Same phone, smaller screeniPhone 14 Pro.
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