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☆ Dianne Feinstein's 2024 Senate campaign raised just $558.91 at the end of last year. It may be the clearest sign yet that she won't seek re-election.
▼ + stars: | 2023-02-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

Sen. Dianne Feinstein raised less than $600 at the end of 2022, according to new campaign filings. Feinstein, who is the longest-serving Democratic senator and would be 91 on election day in 2024, has declined to say whether she will seek re-election next year. But altogether, her campaign — conspicuously named "Feinstein for Senate 2024" — reported having just $9,968.56 in cash on hand. For comparison, Feinstein raised over $16 million for her 2018 race against fellow Democrat Kevin De Leon. Last year, Senate Majority Leader Chuck Schumer publicly declined to say whether he was confident in the California Democrat's ability to serve.

New Jersey-based Celsius filed for U.S. bankruptcy in July last year, after freezing customer withdrawals from its platform. She was tasked with investigating accusations by Celsius customers that the company operated as a Ponzi scheme and also with reporting on its handling of cryptocurrency deposits. Celsius gathered crypto deposits from retail customers and invested them in the equivalent of the wholesale crypto market. It raised some of the initial capital to fund its business by creating and selling its own crypto token, called "CEL". "The business model Celsius advertised and sold to its customers was not the business that Celsius actually operated," the report said.

☆ 'Because I said so' isn't enough: Kids find some excuses more understandable than others, new study finds
▼ + stars: | 2023-01-31 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

Children between ages 3 and 5 can discern which excuses are worthy of forgiveness and which are not. Excuses that involved helping another person were met with more understanding than excuses that seemed selfish. This shows that kids feel like prioritizing others is a more legitimate excuse than prioritizing yourself. "Morality is a type of common ground that we have with others, with mutual expectations about how we should behave and what counts as good grounds for justification," Li told Science Daily. "Usually if someone breaks a promise and gives you a lame reason, it implies they're not really a good friend," Li told Science Daily.

MEXICO CITY, Jan 31 (Reuters) - Electric carmaker Tesla Inc (TSLA.O) is considering setting up an assembly plant near a new Mexico City airport, which would serve as an export hub for the firm, Mexican presidential spokesman Jesus Ramirez said. "Tesla will invest there ... in an assembly plant, to export directly by air," Ramirez told the newspaper. Separately, a Mexican official told Reuters that Tesla had been shown the site, but had given no indication of its plans. Ramirez told El Heraldo de Mexico that Tesla was aiming to invest in the T-MexPark, a major industrial park being built close to the Felipe Angeles airport. Reporting by Diego Ore; Editing by David Gregorio Additional reporting by Raul Cortes Fernandez and Dave Graham in Mexico City, and Hyunjoo Jin in San FranciscoOur Standards: The Thomson Reuters Trust Principles.

☆ NHL roundup: Panthers rally late, nip Bruins in OT
▼ + stars: | 2023-01-29 | by ( ) www.reuters.com time to read: +8 min

Barkov also assisted on Brandon Montour's goal, and Sam Bennett scored for the Panthers. Anders Lee also scored for New York, which won its second straight game and prevailed for just the third time in 13 games (3-7-3). Carrier scored the only goal for Vegas, which lost its fourth straight game (0-2-2) and fell for the seventh time in eight games (1-5-2). Jaret Anderson-Dolan and Phillip Danault scored goals for the Kings, whose three-game winning streak ended. Colorado forward Valeri Nichushkin sat out for the second straight game with an upper-body injury.

Stripe, the fintech company once valued at $95 billion by private market investors, will make a decision on its plans to go public within the next year, CNBC has confirmed. Co-founders and brothers John and Patrick Collison told employees on Thursday that they will set a goal of taking the company public or letting staffers sell shares through a secondary offering, The Information first reported. The tech IPO market has been frozen since late 2021 after two record-breaking years during the Covid pandemic. In July, Stripe cut its internal valuation by 28%, from $95 billion to $74 billion. Stripe is considering a direct listing or private market transaction and has hired Goldman Sachs and JPMorgan to advise on the deal, CNBC has learned.

☆ Nick Clegg led Meta's decision to reinstate Trump to Facebook and Instagram. Here's how the former UK deputy prime minister charmed his way into Mark Zuckerberg's inner circle.
▼ + stars: | 2023-01-26 | by ( Philip Webster | ) www.businessinsider.com time to read: +18 min

Nick Clegg has risen quickly to become one of Mark Zuckerberg's closest confidants at Meta. Clegg, a former UK deputy prime minister, led the decision to reinstate Donald Trump to Facebook. It was updated on February 16, 2022 following the news that Nick Clegg had been promoted to the role of President for Global Affairs. In a challenging economic climate, the Lib Dems and their Conservative coalition partners voted to raise tuition fees. Nick Clegg (left) and Chris Huhne appearing on the BBC's "The Andrew Marr Show" in October 2007.

☆ Strike over pay grounds all flights at Berlin airport, operator says
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Jan 25 (Reuters) - All flights were cancelled at Germany's BER airport in the capital Berlin on Wednesday, the operator said, as staff went on strike for the day to press pay demands. The Ver.di union called on airport staff in ground services, aviation security and at the airport company to strike in the wage dispute. It called the one-day work stoppage over what it said was insufficient progress in the three parallel wage talks. [1/7] Demonstrators hold a banner during a general strike by employees over pay demands, at the Berlin Brandenburg Airport (BER), in Schoenefeld near Berlin, Germany January 25, 2023. A source told Reuters that a draft of this report forecast 6% inflation this year and 2.8% for 2024.

☆ Fashion figure Andre Leon Talley collections up for auction at Christie's in New York City
▼ + stars: | 2023-01-24 | by ( ) www.reuters.com time to read: +2 min

[1/6] A royal blue, pink and red silk satin shawl-collar kimono by Tom Ford is displayed during the exhibition of the Couture collection of late fashion icon Andre Leon Talley in the showroom of Christie's auction house in Paris, France, January 24, 2023. REUTERS/Sarah MeyssonnierPARIS, Jan 24 (Reuters) - Silk caftans, exotic leather coats and monogrammed Louis Vuitton luggage sets are among items from the late American fashion journalist Andre Leon Talley set to go under the hammer this week at Christie's in New York. "His work could really make or break any designers," added Seigel. The auction house estimates the lots will fetch more than a million dollars, funds that will go to two Baptist churches that played a key role in Talley's life. Talley, a former U.S. Vogue editor at large and creative director, died on Jan. 18, 2022, at age 73.

But the perceived spectacle means that not only will Murdaugh be on display — so will the county seat of Walterboro, population 5,460. “We didn’t want this, but it’s happening, and it’s here,” Scott Grooms, Walterboro’s director of tourism and downtown development, said last week. A portrait of Randolph "Buster" Murdaugh Jr., Alex Murdaugh's late grandfather, was removed from the Colleton County Courthouse ahead of Alex Murdaugh's trial. From left, Paul, Margaret and Alex Murdaugh. While he didn’t know Alex Murdaugh personally, he said few with longstanding ties in the area had not been touched by the Murdaughs’ orbit in one way or another.

☆ NHL roundup: Connor McDavid lifts Oilers over Lightning
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +8 min

The Lightning received a goal and an assist from Brayden Point, and Brandon Hagel and Steven Stamkos scored. Victor Hedman posted two assists while Andrei Vasilevskiy stopped 28 shots but lost for the first time in five games. Kyle Connor scored for the Jets, who lost for the third time in their past 11 games. Matthew Tkachuk, who leads Florida with 24 goals, scored twice with the man advantage. Colton Sissons and Mattias Ekholm scored for the Predators, whose two-game win streak came to an end.

☆ Factbox: Key nominations for the 2023 BAFTA Film awards
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +3 min

[1/3] Best Actor, Musical or Comedy, Colin Farrell, The Banshees of Inisherin holds an award on stage at the 80th Annual Golden Globe Awards® at the Beverly Hilton in Beverly Hills, CA, U.S., on Tuesday, January 10, 2023. Earl Gibson for the HFPA/© HFPA/Handout via REUTERSLONDON, Jan 19 (Reuters) - Nominations for the annual BAFTA Film Awards were announced on Thursday. Britain's top film award ceremony will be held in London on Feb. 19. Below is a list of the nominees in the main categories:BEST FILM"All Quiet on the Western Front""The Banshees of Inisherin""Elvis""Everything Everywhere All At Once""Tár"OUTSTANDING BRITISH FILM"Aftersun""The Banshees of Inisherin""Brian And Charles""Empire of Light""Good Luck to You, Leo Grande""Living""Roald Dahl's Matilda The Musical""See How They Run""The Swimmers""The Wonder"DIRECTOREdward Berger, "All Quiet on the Western Front"Martin McDonagh, "The Banshees of Inisherin"Park Chan-wook, "Decision To Leave"Dan Kwan, Daniel Scheinert, "Everything Everywhere All At Once"Todd Field, "Tár"Gina Prince-Bythewood, "The Woman King"LEADING ACTRESSAna de Armas, "Blonde"Cate Blanchett, "Tár"Viola Davis, "The Woman King"Danielle Deadwyler, "Till"Emma Thompson, "Good Luck to You, Leo Grande"Michelle Yeoh, "Everything Everywhere All At Once"LEADING ACTORAustin Butler, "Elvis"Brendan Fraser, "The Whale"Colin Farrell, "The Banshees of Inisherin"Daryl McCormack, "Good Luck to You, Leo Grande"Paul Mescal, "Aftersun"Bill Nighy, "Living"SUPPORTING ACTRESSAngela Bassett, "Black Panther: Wakanda Forever"Hong Chau, "The Whale"Kerry Condon, "The Banshees of Inisherin"Jamie Lee Curtis, "Everything Everywhere All At Once"Dolly De Leon, "Triangle of Sadness"Carey Mulligan, "She Said"SUPPORTING ACTORBrendan Gleeson, "The Banshees of Inisherin"Barry Keoghan, "The Banshees of Inisherin"Ke Huy Quan, "Everything Everywhere All At Once"Eddie Redmayne, "The Good Nurse"Albrecht Schuch, "All Quiet on the Western Front"Micheal Ward, "Empire of Light"ORIGINAL SCREENPLAY"The Banshees of Inisherin""Everything Everywhere All At Once""The Fabelmans""Tár""Triangle of Sadness"ADAPTED SCREENPLAY"All Quiet on the Western Front""Living""The Quiet Girl""She Said""The Whale"FILM NOT IN ENGLISH LANGUAGE"All Quiet on the Western Front""Argentina, 1985""Corsage""Decision To Leave""The Quiet Girl"DOCUMENTARY"All That Breathes""All the Beauty and the Bloodshed""Fire of Love""Moonage Daydream""Navalny"ANIMATED FILM"Guillermo del Toro's Pinocchio""Marcel the Shell with Shoes On""Puss in Boots: The Last Wish""Turning Red"ORIGINAL SCORE"All Quiet on the Western Front""Babylon""The Banshees of Inisherin""Everything Everywhere All At Once""Guillermo del Toro's Pinocchio"Reporting by Marie-Louise GumuchianOur Standards: The Thomson Reuters Trust Principles.

☆ NHL roundup: Connor McDavid leads streaking Oilers past Kraken
▼ + stars: | 2023-01-18 | by ( ) www.reuters.com time to read: +6 min

[1/4] Jan 17, 2023; Edmonton, Alberta, CAN; Edmonton Oilers forward Connor McDavid (97) carries the puck up ice during the first period against the Seattle Kraken at Rogers Place. Mandatory Credit: Perry Nelson-USA TODAY SportsJanuary 18 - Connor McDavid scored his NHL-leading 38th goal of the season as the Edmonton Oilers defeated the visiting Seattle Kraken 5-2 on Tuesday night. Derek Ryan, Warren Foegele, Ryan McLeod and Zach Hyman also tallied for the Oilers, who extended their winning streak to four games. Kyle Connor scored for the Jets, who had a three-game win streak come to an end. Carter Verhaeghe, Anton Lundell and Josh Mahura also scored goals for Florida.

☆ James Gorman's strategy is to get a higher multiple, says CFRA's Ken Leon
▼ + stars: | 2023-01-17 | 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 EmailJames Gorman's strategy is to get a higher multiple, says CFRA's Ken LeonKen Leon from CFRA joins 'Closing Bell' to discuss today's market action and the impact of Goldman and Morgan Stanley earnings on today's trading.

☆ Watch CNBC's full interview with CFRA's Ken Leon
▼ + stars: | 2023-01-17 | 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 EmailWatch CNBC's full interview with CFRA's Ken LeonKen Leon from CFRA joins 'Closing Bell' to discuss today's market action and the impact of Goldman and Morgan Stanley earnings on today's trading.

☆ Europe’s ban on Russian diesel could send pump prices even higher
▼ + stars: | 2023-01-17 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

That has included a ban on all Russian seaborne crude oil imports, which came into force in December. Russia is the bloc’s biggest supplier, making up 29% of its total diesel imports last year, data from Rystad Energy shows. “On diesel we see the opposite, where imports have picked up — almost a final dash before the finish line,” he added. But importing diesel from suppliers further afield, including the United States and Saudi Arabia, will push up freight costs, feeding into higher consumer prices, he said. But León said that the impact of the ban won’t be felt immediately in Europe because of the large amount of diesel in its stocks.

☆ NHL roundup: Kraken use huge 2nd period to down Blackhawks
▼ + stars: | 2023-01-15 | by ( ) www.reuters.com time to read: +9 min

[1/4] Jan 14, 2023; Dallas, Texas, USA; Dallas Stars center Tyler Seguin (91) and Calgary Flames center Nazem Kadri (91) look for the puck in the Calgary zone during the second period at the American Airlines Center. Flames 6, Stars 5Nazem Kadri, Rasmus Andersson and Chris Tanev collected one goal and one assist apiece as visiting Calgary rode a four-goal second period to a victory over Dallas. Bruins 4, Maple Leafs 3Matt Grzelcyk scored with 1:16 left in the third period to lift host Boston past Atlantic Division rival Toronto. Grzelcyk scored his second goal of the season and first since Oct. 28, firing a bomb from above the left circle with David Krejci screening Maple Leafs goaltender Matt Murray. Paul Cotter, Keegan Kolesar and William Karlsson scored goals and Logan Thompson made 33 saves for Vegas.

☆ Breaking down JPMorgan Chase and Wells Fargo earnings
▼ + stars: | 2023-01-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBreaking down JPMorgan Chase and Wells Fargo earningsKen Leon of CFRA and David Long of Raymond James discuss their respective calls on banks, specifically JPMorgan and Wells Fargo.

☆ Indonesia says investment talks with Tesla still ongoing
▼ + stars: | 2023-01-12 | by ( Bernadette Christina | ) www.reuters.com time to read: +3 min

Luhut Pandjaitan, who has been leading the talks with Tesla, declined to disclose further details, citing a non-disclosure agreement. Bloomberg News also reported that the Indonesia talks include plans for production facilities and to facilitate the company's supply chain, citing people familiar with the matter. "I can't comment, we're still talking," Luhut told Reuters, adding that he had just recently held another round of talks with Tesla. Tesla currently makes its electric cars in China's Shanghai, Germany's Berlin, and Austin and Fremont in the United States. Indonesian authorities have said Japanese firms Toyota Motor Corp (7203.T) and Mitsubishi Motors Corp (7211.T) have pledged investments in EV production.

☆ Tesla nears deal to build production facilities in Indonesia -Bloomberg News
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +2 min

[1/2] Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly SongCompanies Tesla Inc FollowJan 12 (Reuters) - Tesla Inc (TSLA.O) is nearing a preliminary deal to build production facilities in Indonesia with a capacity of one million units, Bloomberg News reported on Wednesday, citing unidentified people familiar with the matter. Tesla makes its electric cars in China's Shanghai, Germany's Berlin, and Austin and Fremont in the United States. The latest report said the Indonesia talks include plans for production facilities and to facilitate the company's supply chain. Tesla has signed contracts worth about $5 billion to buy materials for batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia last year.

More than a decade later, those that heeded this advice went on to become game-changing tech behemoths, including CNBC Disruptor 50 companies Block , Pinterest , Slack, Twilio , and Cloudera. Seed rounds had a record deal value in 2022, and valuations continued to grow even as late-stage venture companies nearer to the public market suffered. Venture funds raised a record amount of money in 2022, with $162.8 billion closed across 769 funds, according to PitchBook and the NVCA. We've seen companies struggle as public companies and then skyrocket, so a lower value-IPO is not the end of the road." "But when you can generate new share in a difficult market, when the market does turn, they are in a perfect position to capture more market share and customers."

"It’s a direct hit to the Mexican population of Boyle Heights and Lincoln Heights," Villalobos added. L.A. City Councilman Arthur Snyder during opening day ceremonies at Parque de Mexico in Los Angeles in 1978. A bust of Venustiano Carranza is among the missing sculptures at Parque de Mexico in Los Angeles. But only a few pieces remain today at the park, which is an extension of Lincoln Park in Lincoln Heights, one of the city's oldest neighborhoods and predominantly Latino. "Everyone goes and spends time ... at Lincoln Park, but Parque Mexico is kind of left alone especially as it’s gone into worse shape.

☆ Flexport to lay off 20% of its global workforce
▼ + stars: | 2023-01-11 | by ( Riley De León | ) www.cnbc.com time to read: +3 min

Ryan Petersen, chief executive officer of Flexport, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 4, 2022. Supply chain software startup Flexport is laying off 20% of its global workforce, or roughly 640 employees, according to a memo from co-CEOs Ryan Petersen and Dave Clark. Flexport joins a long list of tech companies cutting jobs after going on a hiring binge during the Covid pandemic. Coinbase announced a 20% workforce reduction on Tuesday. Elon Musk slashed about half of Twitter's workforce after taking the helm as CEO last year, and Meta cut more than 11,000 jobs, or 13%.

☆ Tesla nears deal to build production facilities in Indonesia - Bloomberg News
▼ + stars: | 2023-01-11 | by ( ) www.reuters.com time to read: +1 min

[1/2] Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly SongCompanies Tesla Inc FollowJan 11 (Reuters) - Tesla Inc (TSLA.O) is nearing a preliminary deal to build production facilities in Indonesia with a capacity of one million units, Bloomberg News reported on Wednesday, citing people familiar with the matter. The country's investment minister confirmed talks with the world's most valuable automaker, the report added. The report said that the talks include plans for production facilities and to facilitate the company's supply chain. Tesla has signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia last year.

☆ IPO market remains frozen, but could rebound later this year, tech analyst says
▼ + stars: | 2023-01-10 | by ( Riley De León | ) www.cnbc.com time to read: +3 min

In total, IPO deal proceeds plummeted 94% in 2022 — from $155.8 billion to $8.6 billion — according to Ernst & Young's IPO report published in mid-December. As of the report's publication date, the fourth quarter was on pace to be the weakest of the year. The collapse of the IPO market has caused the pipeline of anticipated public listings to swell. MKM's Rohit Kulkarni is among the few optimists who think the IPO market could rebound later this year, spurred in part by the volume of private companies waiting in the wings to go public when capital becomes more accessible. According to Carta, 22% of companies, both private and public, reduced their valuations in Q3, nearly tripling year-over-year.

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