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After Russia invaded Ukraine, the West formed what looked like an overwhelming global coalition: 141 countries supported a United Nations measure demanding that Russia unconditionally withdraw. South Korea Indonesia Israel Thailand Japan Saudi Arabia Philippines Afghanistan CambodiaBy contrast, Russia seemed isolated. Eritrea “Russian actions are being distorted” North Korea Russia Belarus Syria Eritrea “Russian actions are being distorted” North Korea Russia Belarus SyriaBut the West never won over as much of the world as it initially seemed. But like many other African countries, South Africa appears careful to balance its growing ties with Russia against maintaining a relationship with the West. Others that provided Ukraine with military support have declined to impose economic sanctions on Russia.

☆ Applied Materials forecasts strong Q2 as chipmakers scale up production
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +1 min

Feb 16 (Reuters) - Chip tools maker Applied Materials Inc (AMAT.O) on Thursday forecast second-quarter revenue broadly above market estimates, as it benefits from higher production of semiconductors that had been in short supply for the most of last year. After a global shortage of semiconductors affected everything from smartphones to car production, chipmakers are now scrambling to boost capacity in the United States and Europe and reduce reliance on Asian hubs. The company forecast current-quarter revenue of $6.40 billion, plus or minus $400 million, compared with analysts' average estimate of $6.29 billion, according to Refinitiv IBES data. Revenue for the first quarter was $6.74 billion, compared with analysts' average expectation of $6.69 billion. Excluding items, the company earned $2.03 per share, beating estimates of $1.93 per share, according to Refinitiv IBES data.

About 1 in 8 adults over 50 showed signs of food addiction, according to the survey. “We think this is also true in younger populations.”Gearhardt and her team used questions from the Yale Food Addiction Scale to measure whether older adults were experiencing core indicators of addiction. If I had emotional problems because I hadn’t eaten certain foods, I would eat them (17%, once a week). Gearhardt was a member of the group that devised the Yale Food Addiction Scale. The difference is you can’t stop eating food.”Gearhardt said that the survey results should encourage health providers to ask patients about dietary habits.

☆ Trump's lawyers keep getting slammed for filing conspiratorial lawsuits. Here are the 16 sanctioned so far.
▼ + stars: | 2022-12-27 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +12 min

Lawyers representing Trump keep getting sanctioned by courts. Sixteen different lawyers have been sanctioned over failed lawsuits brought on the former president's behalf. Many of Trump's lawyers, even if they are not sanctioned, end up needing lawyers of their own to ward off the worst consequences. Still, as many 16 lawyers have been personally sanctioned because of their work for Trump, and Insider has compiled a list. The least successful, however, was a sprawling lawsuit Trump filed against Hillary Clinton, the Democratic National Committee, and several other figures linked to Clinton's 2016 presidential campaign.

The Securities and Exchange Commission has charged seven social media influencers with securities fraud, saying Wednesday that they were part of a $100 million scheme to use social media platforms Twitter and Discord, as well as podcasts, to manipulate the price of certain stocks. Discord is a private chatroom and messaging platform that is popular with gaming influencers and, more recently, financial influencers. According to the SEC, seven of the defendants promoted stocks to their hundreds of thousands of Twitter followers and in stock trading rooms on Discord since at least January 2020. They would then promote the stock to their followers and inflate the share price, announcing price targets and teasing upcoming news about the company. Those stocks are often ripe for manipulation because they receive less attention and have lower trading volumes.

[1/2] The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. "Securities fraud victimizes innocent investors and undermines the integrity of our public markets,” said Assistant Attorney General Kenneth Polite of the Justice Department's Criminal Division. His attorney did not respond immediately to a request for comment. Rybarczyk and Deel did not respond immediately to requests for comment. Reporting by Chris Prentice and Nate Raymond; Editing by Mark Porter and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

☆ DOJ and SEC charge social media influencers in alleged $100 million stock pump and dump scheme
▼ + stars: | 2022-12-14 | by ( Lauren Feiner | ) www.cnbc.com time to read: +3 min

The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., May 12, 2021. The influencers allegedly gained a profit by pumping the stock prices and then selling once they rose, earning about $100 million in total, the SEC claims. The seven charged with securities fraud used the social media platforms to manipulate exchange-traded stocks in a scheme going back to at least January 2020, the SEC alleged. The SEC alleged Knight also traded with the other defendants and saw profits from the scheme. Some of the defendants' Twitter bios include disclaimers at least as of Wednesday that appear to try to mitigate their legal risks.

☆ Apple should face 6 mln euro fine, adviser to French privacy watchdog says
▼ + stars: | 2022-12-12 | by ( Mathieu Rosemain | ) www.reuters.com time to read: +2 min

PARIS, Dec 12 (Reuters) - Apple (AAPL.O) should face a 6 million euro ($6.3 million) fine for breach of privacy rules, the top adviser to French data protection authority's sanction body recommended on Monday. CNIL's sanction body is free to ignore the rapporteur's recommendations, but these typically carry a lot of weight regarding the watchdog's final decision. Apple's privacy updates, called App Tracking Transparency, give users the option to block apps from tracking activity across apps and websites owned by other companies. He added that changes made under a subsequent version of Apple's operating system, iOS 15, allowed for such prior consent. Gary Davis, Apple's head of privacy, contested the rapporteur's conclusions at the hearing, saying the U.S. firm was committed to the protection of users' privacy.

☆ Dispute over North Carolina congressional districts tees up major elections case at Supreme Court
▼ + stars: | 2022-12-01 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Lawrencehurley_Pic.Jpg | Lawrence Hurley | ) www.nbcnews.com time to read: +9 min

WASHINGTON — When the North Carolina Supreme Court struck down the Republican-drawn congressional district maps in February, Rep. Tim Moore, the Republican speaker of the state’s House of Representatives, reached for some potent ammunition. Moore said in an interview that he backed the theory because it is the only way to challenge a state court ruling that he believes was not based on law or precedent. Republicans, led by Moore, immediately asked the Supreme Court to reinstate the maps. Gary D. Robertson / AP fileThe independent state legislature theory claims state legislatures have the final say over election laws, potentially shielding their actions from state courts. He also said he believed that the governor had the power to veto elections legislation, a procedure cast into doubt by at least one interpretation of the independent state legislature theory.

☆ Applied Materials forecasts strong Q1 revenue on easing supply chain woes
▼ + stars: | 2022-11-17 | by ( ) www.reuters.com time to read: +2 min

Nov 17 (Reuters) - Chip tools maker Applied Materials Inc (AMAT.O) forecast first-quarter revenue above market estimates on Thursday, on hopes that easing supply chain constraints will help it meet pent up demand from chipmakers ramping up production. Shares of the Santa Clara, California-based company rose nearly 3% in trading after the bell. The company posted revenue of $6.75 billion for the fourth quarter ended Oct. 30, compared to analysts' average expectation of $6.45 billion, according to Refinitiv IBES data. The company forecast current-quarter revenue of $6.70 billion, plus or minus $400 million, compared with analysts' average estimate of $6.45 billion. Applied said the outlook includes expected impact of recently announced U.S. export regulations and ongoing supply chain challenges.

☆ Clearing up confusion around China's zero-Covid policy with The BlueShirt Group's Gary Dvorchak
▼ + stars: | 2022-11-07 | 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 EmailClearing up confusion around China's zero-Covid policy with The BlueShirt Group's Gary DvorchakGary Dvorchak, The BlueShirt Group managing director, joins 'Closing Bell' to discuss the mixed messages around China easing its zero-Covid policy, the Chinese government's desire to to open up operations that could revive the economy and the outstanding audit issues facing Chinese IPO's.

☆ Taiwan touts $900 mln in new business from Silicon Valley meetings
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +2 min

Taiwan Economy Minister Wang Mei-hua speaks during an interview with Reuters in Taipei, Taiwan, September 30, 2021. REUTERS/Ann WangTAIPEI, Oct 15 (Reuters) - Taiwan's economy minister has drummed up new business worth T$30 billion ($940 million) in meetings with top executives at four major tech firms in California's Silicon Valley, the ministry said on Saturday. Taiwan is a major semiconductor producer, home to the world's largest contract chip maker, Taiwan Semiconductor Manufacturing Corp (2330.TW), , and supplies most the world's major tech firms. "The visits are expected to bring back U.S. research and development investment and orders in Taiwan worth more than T$30 billion," it said, without elaborating. Wang said on Tuesday that if Taiwan remains safe, global supply chains of vital semiconductors would also be secure.

☆ One of the most popular courses among Stanford MBA students is informally named 'Touchy Feely' — here's why
▼ + stars: | 2020-09-23 | by ( Robin Madell | ) www.businessinsider.com time to read: +11 min

The popular course "Interpersonal Dynamics" was nicknamed "Touchy Feely" by professors and students. Stanford GSB shared with Business Insider that 95% of Stanford GSB students take this beloved course, even though it's not required. Courtesy of Ian CinnamonCinnamon added that now, whenever he's in any difficult situation, it's become "instinct" to think back to what he learned from the "Touchy Feely" course. "'Touchy Feely' has been influential in much of our work at Impact Experience," she said. "'Touchy Feely' and the courses in leadership that build from its approach … helped me develop the tools I now employ on a daily basis."

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