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☆ Women's NCAA roundup: No. 8 Ole Miss upsets No. 1 Stanford
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +7 min

8 Ole Miss Rebels to their first Sweet 16 since 2007 by preventing No. Stanford (29-6) was led by Cameron Brink, who had 20 points, 13 rebounds and seven blocks, while Haley Jones chipped in 16 points and eight rebounds. Grace Stone had 16 points and Ellie Mitchell finished with nine points, 18 rebounds and three blocks. Elena Tsineke scored 20 points to pace South Florida (27-7), while Sammie Puisis finished with 11 points and four rebounds. The Irish closed the game on a 10-5 run, getting seven points from Citron during that stretch.

☆ Former Michael Cohen Lawyer Expected to Testify in Grand Jury Investigating Trump
▼ + stars: | 2023-03-19 | by ( Corinne Ramey | Joe Palazzolo | ) www.wsj.com time to read: 1 min

A New York defense attorney who briefly advised Michael Cohen is expected to testify Monday before the Manhattan grand jury investigating Donald Trump’s alleged role in a hush-money payment to a porn star, according to people familiar with the matter. Robert Costello, a partner in the New York office of Davidoff Hutcher & Citron LLP and former federal prosecutor, is slated to testify at the request of the former president’s lawyers, according to people familiar with the matter.

☆ Women's NCAA roundup: South Florida tops Marquette in OT
▼ + stars: | 2023-03-18 | by ( ) www.reuters.com time to read: +5 min

South Florida won 67-65. Mandatory Credit: Jeff Blake-USA TODAY SportsMarch 18 - Elena Tsineke's jumper with 31.2 seconds left lifted eighth-seeded South Florida to a 67-65 overtime win over ninth-seeded Marquette in the first round of the NCAA Tournament's Greenville 1 Regional on Friday in Columbia, S.C."What a way to start the NCAA Tournament," South Florida coach Jose Fernandez said. Dulcy Fankam Mendjiadeu had 22 points and 16 rebounds for the Bulls (27-6), with Tsineke adding 13 points. South Florida rallied from an 11-point deficit with 2:40 left in the third quarter to take a 59-55 lead with 31 seconds to play. Zia Cooke had 11 points and five rebounds, while Laeticia Amihere came off the bench to add 11 points for South Carolina, playing at home in Columbia.

☆ Ether hits 2-month low as New York AG labels crypto token as security
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +1 min

March 10 (Reuters) - Cryptocurrency token Ether fell to its lowest in two months on Friday after the New York attorney general labeled it a security, bracketing it with assets such as stocks and bonds and fueling fears of a wider regulatory crackdown. New York Attorney General Letitia James on Thursday referred to Ether as a security in her lawsuit against KuCoin for failing to register with the state before facilitating cryptocurrency transactions on its platform. "The situation in Ethereum (the blockchain that underpins Ether) could get real ugly," investment research firm Citron Research tweeted. loadingThe world's second-biggest cryptocurrency token was trading around $1,390, its lowest since January 10. The crypto industry and regulators have been in a tussle over the categorization of crypto assets as securities, which would subject digital asset firms to stricter oversight.

☆ Discord to roll out AI-powered chatbot, messaging features
▼ + stars: | 2023-03-09 | by ( Sheila Dang | ) www.reuters.com time to read: +2 min

Discord, which lets groups of users chat by text, video and voice, said it will revamp a bot called Clyde, who will now be powered by OpenAI technology. Discord users can invoke the AI-powered Clyde to answer trivia questions, help schedule meetings or recommend playlists, the company said. The tool will begin to roll out next week in a limited number of Discord groups, the company said. Discord said it will also experiment with OpenAI technology to improve an existing content moderation tool that helps automatically block harmful or unwanted messages from a Discord chat. The revamped tool can flag messages to moderators and also understand the context of the conversation, the company said.

☆ Pandemic-favorite Etsy beats revenue estimates on demand for bags, gifts
▼ + stars: | 2023-02-22 | by ( Granth Vanaik | ) www.reuters.com time to read: +2 min

Feb 22 (Reuters) - Etsy Inc (ETSY.O) on Wednesday beat estimates for quarterly revenue on steady demand for bags, party products and personalized gifts on its online marketplace, sending the company's shares up more than 5% in extended trading. "Shoppers are coming to us more frequently and spending more with Etsy," said Chief Executive Officer Joshua Silverman on a post-earnings call, adding the company is continuing to build the "Etsy habit." Net revenue in the quarter ended Dec. 31 jumped 12.6% to $807.2 million for Etsy, compared with analysts' expectation of $751.8 million, according to Refinitiv. For the current quarter ending March, Etsy expects GMS to be in the range of $2.95 billion to $3.15 billion. The company forecast revenue between $600 million and $640 million for the January-March period, compared with analysts' expectation of $621.6 million.

☆ Etsy beats revenue estimates on steady demand
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +1 min

Feb 22 (Reuters) - Etsy Inc (ETSY.O) on Wednesday beat Wall Street expectations for quarterly revenue, helped by demand for home goods, clothes, jewelry and accessories offered on its e-commerce platform, sending its shares up 4% in extended trading. Net revenue rose to $807.2 million in the quarter from $717.1 million a year earlier. Analysts on average had expected revenue of about $751.8 million, as per Refinitiv IBES data. Last week, short seller Citron Research said Etsy had become one of the largest platforms in the world for counterfeit goods. The percentage of counterfeit goods on Etsy has become too large and the company could no longer defend it as a small percentage of revenue, Citron had said.

☆ Steve Bannon's ex-lawyers sue him over nearly $500,000 in unpaid legal bills
▼ + stars: | 2023-02-22 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +3 min

Steve Bannon's ex-lawyers filed a lawsuit saying he hasn't paid nearly $500,000 in legal bills. The firm represented Bannon when he defied his January 6 subpoena. The lawsuit, filed Friday, says the firm billed Bannon $855,487.87 but was paid only $375,000, leaving an outstanding balance of $480,487.87. Trump pardoned Bannon shortly before leaving office, but the Manhattan district attorney's office brought a similar case against him that remains pending. Bannon is having trouble with his lawyers in the Manhattan district attorney's case, too.

☆ Etsy shares fall after Citron Research calls out platform for counterfeit goods
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +1 min

Feb 16 (Reuters) - Citron Research said on Thursday Etsy Inc (ETSY.O) has become one of the largest platforms in the world for counterfeit goods, sending the e-commerce firm's shares down about 6%. Citron Research, which cemented its reputation in the research industry by calling out poor performers and betting against their stock, said the percentage of counterfeit goods on the platform had become too large and Etsy could no longer defend it as a small percentage of revenue. The research firm alleged that Etsy has allowed sellers on the platform to buy "ad words" of the brands and then labeled many of them as trusted websites. In November, the e-commerce platform posted a third-quarter loss for the first time in eight quarters, hurt by higher shipping costs and a strong dollar. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

It is rare for investors to take short positions in securities of Indian companies. Securities rules in India also make it hard to quietly build short positions. Institutional investors are obliged to disclose their short positions upfront and there are other restrictions and registration requirements on foreign investors. In Adani, for example, Hindenburg held the short positions through U.S.-traded bonds and non-Indian-traded derivatives. China's strict investment rules make it all but impossible to take short positions in domestic-listed Chinese stocks from overseas.

[1/2] Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. On Wednesday, a $2.5 billion sale of shares by one of its companies Adani Enterprises ADEL.NS was called off. Adani Group and the stock market regulator the Securities and Exchange Board of India (SEBI) did not respond to a request for comment. Cracking the code of how Hindenburg did the trade could lead to more short sellers taking positions against Indian companies, which have been rare, analysts said. But several bankers familiar with trading in Indian securities said the more profitable piece of the short seller’s bet would likely lie in the derivative trades it had placed.

☆ Dollar General's new Popshelf stores chase inflation-weary shoppers in the suburbs
▼ + stars: | 2022-12-13 | by ( Melissa Repko | ) www.cnbc.com time to read: +3 min

In this article DG Follow your favorite stocks CREATE FREE ACCOUNTwatch nowHigher incomes, higher profitsPopshelf is designed to drive higher sales and higher profits than the Dollar General store banner. Each Popshelf store is projected to hit between $1.7 million and $2 million in sales annually with an average gross margin rate that exceeds 40%. Inside of Popshelf stores, the brands and items on shelves reflect that customer. Dollar General is the fastest-growing retailer in the country by store count, according to Coresight Research, a retail-focused advisory firm. The company plans to open about 1,050 new stores in the U.S. in the coming fiscal year — including the Popshelf locations.

☆ Easter dishes from around the world
▼ + stars: | 2021-04-02 | by ( Janelle Davis | ) edition.cnn.com time to read: +15 min

Judy Witts Francini/Divinacucina.com Italians usually buy the traditional colomba, an Easter bread shaped like a dove, at a local bakery or pastry shop. Judy Witts Francini/Divinacucina.com Lamb chops are traditionally served on Easter in Italy. Judy Witts Francini/Divinacucina.com These Easter cookies are from Puglia, a southern region of Italy. Judy Witts Francini/Divinacucina.com Italian Easter dishes Prev NextOther countries take a similar “more is more” approach to Easter meals, but a few dishes really stand out. Singapore: Beef murtabakSingaporean beef murtabak is an egg crepe wrapped around ground beef served with fresh lime, chili sauce and raita.

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