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☆ Pope skips speech, blaming breathing difficulties after surgery
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +1 min

[1/2] Pope Francis meets with Kosovo's Prime Minister Albin Kurti at the Vatican, June 22, 2023. Vatican Media/Handout via REUTERSVATICAN CITY, June 22 (Reuters) - Pope Francis skipped reading a planned speech at a conference on Thursday, saying he still had breathing problems following a hernia operation this month. "I am still under the effects of anaesthesia, my breathing is not good," Francis told a meeting of the Catholic Oriental Church, saying delegates would instead receive a text of the speech. The pope had surgery on June 7 to repair an abdominal hernia. Reporting by Philip Pullella; Writing by Crispian Balmer; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

Persons: Pope Francis, Albin Kurti, Francis, Philip Pullella, Crispian Balmer, Alison Williams Organizations: Kosovo's, Vatican, Handout, REUTERS VATICAN CITY, Catholic Oriental Church, Thomson Locations: Cuba, Brazil

☆ Asian hedge funds piled to China education, U.S. AI shares in Q1
▼ + stars: | 2023-05-16 | by ( Summer Zhen | ) www.reuters.com time to read: +4 min

Investors poured money into private tutoring leaders, including New Oriental and TAL Education (TAL.N), that have come through a near two-year crackdown in China on after-school education. Greenwoods also built a new position in TAL Education by acquiring 2.2 million shares. The fund run by ex-Alibaba CTO John Wu bought 2.1 million more shares to boost its stake in the tutoring giant. Share prices of both New Oriental and TAL collapsed over 90% from its peak after Beijing’s ban on K-12 private tutoring. The price of two stocks have doubled from the low point in October after China dropped its strict controls against COVID-19.

☆ How TikTok sensation Squishmallows found Warren Buffett
▼ + stars: | 2023-05-13 | by ( Jonathan Stempel | ) www.reuters.com time to read: +4 min

May 13 (Reuters) - Squishmallows joined Warren Buffett's business empire two years after Lady Gaga, Kim Kardashian and others helped make the plush stuffed toys a viral sensation on TikTok. They married in 1993 and embarked on law careers, but Judd Zebersky soon realized that wasn't his destiny. Laura Zebersky, a litigator, sold her practice in 2005 and joined him, becoming Jazwares' president. "This was a brand that needed a lot of love," Judd Zebersky said. "Greg is exactly what we have all learned about the Berkshire model," Laura Zebersky said.

[1/3] Edwin Gariguez, a Catholic priest from the Philippines, who is touring top European banks on environmental issues, is pictured in Frankfurt, Germany, May 10, 2023. "It's really frustrating on my part," Gariguez said on a stopover in Frankfurt after meetings with Deutsche Bank and DWS (DWSG.DE). Barclays and San Miguel didn't respond. On its website, San Miguel says: "As sustainability champions, we hold ourselves accountable." The nation's Department of Energy sees LNG as a "transition fuel", as it moves away from coal-fired power generation toward more renewable energy.

SHANGHAI, CHINA - MARCH 7, 2023 - The Oriental Pearl Tower, Shanghai Tower, Jinmao Tower and World Financial Center are seen on Lujiazui Street, Shanghai, China, March 7, 2023. Asia-Pacific markets traded mixed after Wall Street saw a tech rally as U.S. consumer price index rose less than expected for April. The consumer price index showed a reading of 4.9%, slightly less than the 5% gain anticipated by economists polled by Dow Jones. Investors in Asia will be closely watching the inflation print from China for April as well later Thursday, forecasted to come in at 0.3%, according to a Reuters poll of economists. Futures tied to Hong Kong's Hang Seng index stood at 19,725, lower than the HSI's last close of 19,762.

☆ 9 things you think you know about ancient Egyptians that are actually wrong
▼ + stars: | 2023-05-05 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +11 min

With their impressive architecture, scientific knowledge, religious cults, and beautiful artwork, the ancient Egyptians continue to impress historians long after the end of their reign. The pyramids were built by slavesThe Sphinx at Giza in Cairo set against the Pyramid Pyramid of Khafre. That means there may have been sacrifices over a period of about 400 years, while ancient Egyptians ruled for about 3,000 years. His book detailing the life of ancient Egyptians was extremely influential. Many misconceptions that have survived in the lore about ancient Egypt to this day may have found their origins in Herodotus's work.

☆ Factbox: Warren Buffett, Berkshire Hathaway at a glance
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +8 min

[1/2] Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan/File PhotoMay 4 (Reuters) - Tens of thousands of people are descending on Omaha, Nebraska to attend the annual shareholder weekend for billionaire investor Warren Buffett's Berkshire Hathaway Inc (BRKa.N). Susan Buffett and Howard Buffett are Berkshire directors. His Berkshire stock will go to philanthropy after he dies. (Interview with CNBC, April 12, 2023)Abel on Berkshire managers' relationship with him: "It's not the same as working for Warren.

☆ Luxury hotel opens atop Vietnam’s tallest building
▼ + stars: | 2023-04-19 | by ( Lilit Marcus | ) edition.cnn.com time to read: +3 min

The new Vinpearl Landmark 81 has just opened inside the country’s tallest building, Landmark 81, in Ho Chi Minh City. It clocks in at 461 meters (1,512 feet) high and overlooks the Saigon River in the eastern stretch of Vietnam’s biggest city. The rest of Landmark 81 is a mix of private residences and public attractions. Vinpearl Landmark 81 is located about 11 km (7 miles) from Tan Son Nhat International Airport, Vietnam’s biggest and busiest airport. Vinpearl Landmark 81, 720A Đ. Điện Biên Phủ, Phường 22, Bình Thạnh, Thành phố Hồ Chí Minh 700000, Vietnam; +84 28 3971 8888

SHANGHAI, CHINA - MARCH 7, 2023 - The Oriental Pearl Tower, Shanghai Tower, Jinmao Tower and World Financial Center are seen on Lujiazui Street, Shanghai, China, March 7, 2023. Asia-Pacific traded mixed on Monday, as Wall Street looks ahead to another major earnings week, including the likes of Charles Schwab, Bank of America and Morgan Stanley. The quarterly earnings reports would shed light into the overall health of the financial sector in the U.S. following the collapse of Silicon Valley Bank and how that would shape the U.S. Federal Reserve's tightening cycle. China's gross domestic product report is slated to be released on Tuesday, with economists polled by Reuters expecting to see a 4% rise year-on-year for the first quarter of 2023, higher than the final quarter of last year. That would mark the biggest rise in nearly a year.

☆ Credit Suisse whistleblowers say Swiss bank has been helping wealthy Americans dodge U.S. taxes for years
▼ + stars: | 2023-03-29 | by ( Eamon Javers | ) www.cnbc.com time to read: +14 min

In this article CSCSG.N-CH Follow your favorite stocks CREATE FREE ACCOUNTA sign of Credit Suisse bank is seen at their headquarters in Zurich on March 20, 2023. "To date, no Credit Suisse employees involved in the scheme have faced any consequences from the United States government for their participation." "It's not a question of whether Swiss banks continue to do this, it's a question of which Swiss banks still do this." In a statement to CNBC, a Credit Suisse spokeswoman said it does not tolerate tax evasion. "DOJ must correct its lax oversight of Credit Suisse and hold Credit Suisse accountable for any violations of its plea agreement," he said.

☆ Philippines beefs up efforts to contain oil leak from sunken tanker
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +2 min

[1/2] An aerial view shows the oil spill from the sunken fuel tanker MT Princess Empress on the shores of Pola, in Oriental Mindoro province, Philippines, March 8, 2023. REUTERS/Eloisa Lopez/File PhotoMANILA, March 14 (Reuters) - Philippine authorities have increased efforts to contain an oil spill from a sunken fuel tanker that has affected coastal towns and was still spreading, the environment ministry said on Tuesday, as the country grapples with cleanup challenges. The vessel was carrying about 800,000 litres (211,338 gallons) of industrial fuel oil when it sank, according to the coast guard. Resorts in Oriental Mindoro, also known for world-class beaches and dive spots, have already been reeling from the impact of the oil spill, as tourists cancel reservations during what is supposed to be peak season. They also raised concerns about whether the tanker owner could file insurance claims despite questions about the ship's permit to operate.

☆ Mask-free Monday comes to Japan as government eases COVID guidelines
▼ + stars: | 2023-03-13 | by ( Rocky Swift | ) www.reuters.com time to read: +3 min

[1/4] Commuters make their way on the first day of the Japanese government's relaxation of official guidance on masks as it emerges from the COVID-19 pandemic, in Tokyo, Japan March 13, 2023. "Mask-wearing was part of our culture even before COVID-19," said Hitoshi Oshitani, a Tohoku University professor who was an architect of Japan's COVID response. "I think many people will be wearing masks even after the rules are relaxed." "As of today, mask wearing is at the discretion of each individual," Tokyo Governor Yuriko Koike told reporters on Monday. Health experts in Japan have pointed to widespread mask use along with an embrace of hygiene and social distancing for the country's relatively lower death toll from COVID.

☆ With pails and mugs, Philippine residents clean up oil spill
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +2 min

POLA, Philippines, March 7 (Reuters) - Residents of a central Philippine province affected by an oil spill from a sunken tanker endured the powerful stench of petroleum as they cleaned it up using buckets and mugs while authorities raced to contain environmental damage. Wearing personal protective equipment and masks, residents of the town of Pola in Oriental Mindoro, with the help of Philippine coast guard crew, collected debris soaked in oil and wiped thick sludge from rocks along the shore. "Here in our area the oil is really thick and the smell is strong," said 34-year-old resident Maribel Famadico while cleaning along the shore with other volunteers. "There is so much oil that we become nauseous when we are not wearing protection. [1/3] Volunteers dressed in personal protective equipment clean up the oil spill from the sunken fuel tanker MT Princess Empress, on the shore of Pola, in Oriental Mindoro province, Philippines, March 7, 2023.

☆ Philippines to deploy underwater vehicle to pinpoint location of stricken tanker
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +3 min

[1/2] A view of an oil spill at a beach in Caluya, Philippines March 4, 2023 in this still image obtained from social media video. A remotely operated autonomous vehicle would be deployed to help determine the exact location of the tanker, it said. Authorities want to know how much oil is inside and how to pump the remainder out and stop any leaks, experts said. The tanker's owner has contracted local agencies, Harbor Star Shipping Services and Malayan Towage and Salvage Corp., for the cleanup. If sea conditions are bad, it is also unsafe for our contractors to work," Rodrigo Bella, vice president of Harbor Star, told the media briefing.

☆ The rise, fall, and comeback of Victoria's Secret, America's biggest lingerie retailer
▼ + stars: | 2023-03-06 | by ( Mary Hanbury | Áine Cain | ) www.businessinsider.com time to read: 1 min

He named the brand after the Victorian era in England, wanting to evoke the refinement of this period in his lingerie. Victoria's Secret vintage catalog 1982. Victoria's SecretHis vision was summed up by Slate's Naomi Barr in 2013: "Raymond imagined a Victorian boudoir, replete with dark wood, oriental rugs, and silk drapery. He chose the name 'Victoria' to evoke the propriety and respectability associated with the Victorian era; outwardly refined, Victoria's 'secrets' were hidden beneath." He went on to open a handful of Victoria's Secret stores and launched its famous catalog.

☆ This half-century old fund seeks out global value and has Warren Buffett's style all over it
▼ + stars: | 2023-03-03 | by ( Yun Li | ) www.cnbc.com time to read: +5 min

Warren Buffett has inspired generations of value investors, and one 53-year-old, market-beating mutual fund has his legacy all over it. For almost three decades, starting in 1979, the fund was run by another acolyte of value, Jean-Marie Eveillard. Since 1979, First Eagle Global has returned more than 12% annually, even including the 5% load fee charged on the first $25,000 invested. The fund employs three main elements when it comes to security selection within the universe of global value, Brooker said. When we're not able to find things that make sense to us, that meet our underwriting criteria, we'll wait in cash," Brooker said.

☆ ChatGPT's 5-part strategy for balancing your portfolio
▼ + stars: | 2023-02-20 | by ( Dave Smith | ) www.businessinsider.com time to read: +2 min

I'm a deputy editor at Insider who helps oversee our newsletters, but I've worn plenty of hats around here. Phil and the rest of the newsletter squad are off today, but here are six (not 10 today, sorry!) A stock trader built his strategy into real software. ChatGPT's 5-part strategy for balancing a portfolio. OpenAI's buzzy chatbot is everywhere these days, so why not put it in charge of your investing strategy?

☆ Insurers Avoid Picking Up Businesses’ Covid-19 Pandemic Costs
▼ + stars: | 2023-02-03 | by ( Richard Vanderford | ) www.wsj.com time to read: +6 min

“If they assumed incorrectly, the mom-and-pop restaurants shouldn’t be penalized.”Federal appeals courts so far have rejected cases like Consolidated Restaurant’s. In January, the federal appeals court in Philadelphia ruled against a range of businesses. With that decision, businesses had seen losses in 11 federal appeals courts, whose jurisdictions span nearly the entire country. Business interruption insurance policies are typically written to address harm to property: For instance, if a water-main break floods a sales floor, or a fire forces a business to close. In June, a Boston federal appeals court rejected a Covid insurance claim by a group of restaurants.

☆ How to get ahead in 2023
▼ + stars: | 2023-01-16 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

We've got top tips for stocks (and serving prison time), a path to financial freedom, and what to expect for the rest of 2023. If you want to start investing in real estate this year, Harr says don't be deterred by uncertainty or high-interest rates. US stocks got off to a choppy start in the first week of 2023, however, Goldman Sachs still sees attractive investing opportunities. According to Grant Sabatier, 2023 will be the year of the "the creator millionaire" — here's how he plans to take advantage of it. As one expert said: "2023 is going to be the survival of the fittest."

☆ I changed careers to become an acupuncturist. In a year, my business earned $200,000 — and I'm a lot happier.
▼ + stars: | 2023-01-14 | by ( Elle Hardy | ) www.businessinsider.com time to read: +10 min

I opened Moon Rabbit Acupuncture in June 2020, and in 2021, I earned a little more than $200,000 in profits. Going to acupuncture school is relatively inexpensive, about $8,000 per semester, which isn't much compared to other degrees. When I opened Moon Rabbit Acupuncture, I found myself busy very quicklySnyder standing outside Moon Rabbit. Before I opened my business, I did a lot of cold interviews with business owners. However, I felt that a huge reason for becoming an acupuncturist and opening Moon Rabbit was to link to my Asian heritage, my lineage, and my culture.

☆ Noma to reinvent Michelin-starred restaurant as new food 'lab'
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +1 min

[1/2] Rene Redzepi, the head chef of Noma in Copenhagen, talks during an interview with Reuters at Noma at Mandarin Oriental Tokyo February 10, 2015. REUTERS/Yuya ShinoCOPENHAGEN, Jan 9 (Reuters) - Noma will close as a full-time restaurant in 2025, with the $505 per head foodie favourite focusing on pop-ups and innovation instead in order to secure a long-term future. "In 2025, our restaurant is transforming into a giant lab - a pioneering test kitchen dedicated to the work of food innovation and the development of new flavors," Noma said in a posting announcing the move on its website. "Our goal is to create a lasting organization dedicated to groundbreaking work in food," said Noma, whose name is a play on the Danish words "nordisk mad", meaning "Nordic food". ($1 = 6.9350 Danish crowns)Reporting by Nikolaj Skydsgaard; Editing by Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

Today, there are 54 Hispanic American banks and credit unions that are FDIC or NCUA insured around the US. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated in September 2022. In our list of Hispanic American-owned banks and credit unions, many of the institutions listed offer customer support in Spanish and English. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. To help you learn more about a specific Hispanic American-owned bank or credit union, we've included links to reviews of individual institutions.

☆ A family who was headed to Tokyo to visit Disney and celebrate their son's 21st birthday is 'devastated' and out $7,000 after Southwest cancelled their flight
▼ + stars: | 2022-12-31 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

But after Southwest cancelled their flight from Tuscon to LAX, they missed their flight to Tokyo. They were going to visit Tokyo Disney and the Pokemon Cafe in Tokyo, take a train to Kyoto and go sightseeing at historic temples. But Tokyo Disney, which is not owned by The Walt Disney Company, generally does not issue refunds. Tokyo Disney, which is owned by The Oriental Land Company, could not immediately be reached for comment. The Walt Disney Company, which licenses intellectual property to Tokyo Disney, did not immediately respond to Insider's request for comment.

☆ Nebraska man gets prison for leaving noose for coworker
▼ + stars: | 2022-12-03 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

— A former employee at the Oriental Trading Co. has been sentenced to prison for leaving a noose on a floor scrubber that a Black colleague was set to use. The Nebraska U.S. Attorney’s office said Bruce Quinn, 66, was sentenced Friday to four months in prison and one year of supervised release for leaving the noose for his coworker to find. He pleaded guilty in September to a federal civil rights violation. Prosecutors said a 63-year-old Black man who worked for Oriental Trading found the noose made out of orange twine sitting on the seat of the equipment in June 2020. “Federal courts have long recognized the noose as one of the most vile symbols in American history,” said Assistant Attorney General Kristen Clarke for the Justice Department’s Civil Rights Division.

☆ Hedge funds bought the dip in Chinese stocks — here are their favorite ADRs
▼ + stars: | 2022-11-27 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Hedge funds bought the dip in Chinese stocks last quarter after many technology names sold off amid political uncertainty, according to Goldman Sachs. U.S. hedge fund ownership of Chinese ADRs increased modestly during the third quarter after declining for four straight quarters, according to Goldman. At the start of the fourth quarter, 20% of equity hedge funds had a long position in at least one Chinese stock, the firm said. Alibaba remained the most popular China ADR among U.S. hedge funds, and it's the only Chinese stock to be included in Goldman's Hedge Fund VIP list . Brad Gerstner's hedge fund Altimeter Capital bought $69 million worth of Pinduoduo last quarter, according to a filing.

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