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☆ Maggie Haberman says Trump is 'stronger than people think' and Democrats should be cautious about pining for a rematch
▼ + stars: | 2023-03-08 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

"I do think that he is stronger than people think," Haberman said on a recent podcast. Trump has called Haberman "like my psychiatrist" and the veteran Times reporter wrote a lengthy biography about the former president. She ticked off a list of reasons why Trump remains a formidable force in the GOP, including his committed base of supporters even if that support has eroded. Haberman added out that even after the January 6 Capitol riot, a segment of the Republican Party remains behind Trump. "There are plenty of Democrats that you and I know that are rooting for Trump to be the nominee, because they think he will be the easiest for President Biden to beat," she said.

☆ Americanas proposes $1.9 bln for creditors from top shareholders
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: 1 min

SAO PAULO, March 7 (Reuters) - Bankrupt Brazilian retailer Americanas SA (AMER3.SA) said on Tuesday it has offered a capital injection to its creditors of 10 billion reais ($1.93 billion) which would come from top shareholders. The company added that so far there is no agreement on the proposal. ($1 = 5.1910 reais)Reporting by Carolina Pulice; Editing by David Alire GarciaOur Standards: The Thomson Reuters Trust Principles.

☆ Low-Wage Workers Climb the Earnings Ladder
▼ + stars: | 2023-03-06 | by ( Justin Lahart | ) www.wsj.com time to read: +1 min

Competition for low-wage workers will become more intense, a new paper says. With the broad job losses the pandemic set off concentrated in low-wage industries, the earnings gap between the rich and the poor seemed likely to only widen. It has narrowed instead, with wage growth among lower-paid and less-educated workers outstripping wage growth among the better-paid and more highly educated. Their findings suggest that even as the pandemic fades, competition for low-wage workers will be more intense than before the pandemic. That could lead to further reductions in income inequality, raise labor costs at firms that employ low-wage workers, and reshape the U.S. business landscape.

☆ Orchestra turns trash to music and environmental activism in Bolivia
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +2 min

[1/5] Women waste pickers from the city of La Paz pose near the musicians of the Paraguayan Cateura Recycled Instruments Orchestra, at the Sak'a Churu landfill in Alpacoma, in La Paz, Bolivia February 27, 2023. But the garbage was the point, as the young musicians who make up Paraguay's Cateura orchestra use recycled materials to make their own instruments, "transforming trash into music," according to Fabio Chavez, one of the performers. "It's very beautiful and I was really surprised with these recycled instruments," said worker Silveria Vega. The concert played out as local officials in La Paz aim to minimize the environmental impact of garbage dumps, especially the risk they can pose to ground water supplies. Bolivia's capital produces some 670 tonnes of trash every day, according to official data.

☆ Michael Jordan’s Championship Air Jordans, Sneakerdom’s Most Elite Collection, Head to Sotheby’s Sale
▼ + stars: | 2023-02-27 | by ( Jacob Gallagher | ) www.wsj.com time to read: 1 min

Sotheby’s auction house will unveil on Tuesday in Dubai what many sneaker collectors consider to be the Holy Grail: the “Dynasty Collection,” or six Nike Air Jordan sneakers that Michael Jordan, His Airness himself, wore during the six NBA championship games the Chicago Bulls won in the 1990s. The price for the collection, on offer in a private sale? Sotheby’s won’t disclose it. But to sneaker collectors, it’s close to priceless: These shoes are like the Mona Lisa, the David and a few of Monet’s Water Lilies rolled into one. Memorabilia experts place their value well into the millions, which would make the collection the most expensive set of shoes ever sold.

☆ Mexican restaurant operator Alsea sees profit dip due to higher taxes
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Feb 27 (Reuters) - Mexican restaurant chain operator Alsea (ALSEA.MX) reported on Monday a 30.7% drop in its fourth-quarter net profit, dipping to 579 million pesos ($29.7 million) compared to gains in the year-ago period, hit by an increase in taxes. Alsea's quarterly revenue grew 14.4% from the year-ago quarter, reaching 19.15 billion pesos, the company said in a filing, and beating Refinitiv's forecast of 18.86 billion pesos. The Mexico City-based company, which operates Starbucks cafes as well as Domino's Pizza and Burger King restaurants among other chains, raked in 3.48 billion pesos in earnings before interest, taxes, depreciation and amortization (EBITDA) in the fourth quarter, down 18.4% from the same three-month period in the previous year. Alsea operates in 11 countries across Latin America and in Europe. ($1 = 19.5089 pesos at end-December)Reporting by Carolina Pulice and Noe Torres; Editing by David Alire GarciaOur Standards: The Thomson Reuters Trust Principles.

☆ 6 sneakers Michael Jordan wore during game-clinching NBA Finals games are about to go on sale — and the price could set a record
▼ + stars: | 2023-02-27 | by ( Matthew Kish | ) www.businessinsider.com time to read: +3 min

Sotheby's this week will put up for sale a collection of six Air Jordan sneakers. Each of the six sneakers was worn by Michael Jordan during an NBA Finals game. Auction house Sotheby's on Tuesday will unveil a collection of six Air Jordan sneakers in Dubai. For perspective, a jersey Jordan wore during the 1998 NBA Finals sold last year for $10.1 million. "This set represents the most valuable and significant collection of Air Jordan sneakers ever brought to market," Sotheby's said, in a listing.

☆ Analysis: Decree adds to doubts about Mexican lithium industry's future
▼ + stars: | 2023-02-24 | by ( Carolina Pulice | ) www.reuters.com time to read: +4 min

Last Saturday, President Andres Manuel Lopez Obrador signed his latest presidential decree on lithium, establishing a more than 900-square-mile (235,000 hectare) lithium mining zone in northern Sonora state, stating that existing concessions within it "remain safe." But the order also declared "no mining activity can be carried out related to lithium" within this area. Neither Lopez Obrador's office or Mexico's economy ministry, which was part of the decree, responded to a request for comment. Created last August, state-run LitioMx will likely launch further exploration efforts in the new mining zone, BTG Pactual analysts said in a research note. He emphasized the need to minimize political risks associated with the government's latest decree, if Mexican lithium has any hope of transforming its raw potential into a thriving industry with a long-term horizon.

☆ Enel Peru says state-run Chinese power firm eying possible purchase
▼ + stars: | 2023-02-24 | by ( Marco Aquino | ) www.reuters.com time to read: +2 min

LIMA, Feb 24 (Reuters) - The Peruvian unit of Italy's biggest power utility, Enel (ENEI.MI), said on Friday that state-owned China Southern Power Grid is carrying out "due diligence" on the local unit for a possible purchase offer on its energy distribution operations. Bloomberg reported earlier on Friday that the Chinese firm is weighing a possible bid for Enel's distribution business in Peru, which it said could be valued at some $3 billion. The Guangzhou-based power company's owner, state-owned Assets Supervision and Administration Commission of the State Council (SASAC), did not immediately respond to a request for comment. Part of that announcement included the plan to put up for sale Enel Peru's distribution and generation assets, which the state-controlled firm said was already under way at the time. On Friday, shares of Enel Distribucion Peru rose 25% on Lima's main stock exchange.

☆ Animals full of PFAS 'forever chemicals' have been found on every continent except Antarctica, new report finds
▼ + stars: | 2023-02-22 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

Animals, birds, and fish across the planet are contaminated with forever chemicals, a new report found. Though they're useful for resisting water, heat, and stains, PFAS do not break down in the environment, earning them the "forever chemicals" nickname. The new report suggests that contamination from forever chemicals may pose yet another threat to many species' survival. Cleaning up these emission sites is key to stopping more forever chemicals from building in the environment. "It will take regulatory action to move the entire market and country away from dependence on these chemicals," Andrews said.

☆ Factbox: Jimmy Carter's biggest challenges while president
▼ + stars: | 2023-02-20 | by ( Moira Warburton | ) www.reuters.com time to read: +3 min

[1/2] U.S. President Jimmy Carter announces new sanctions against Iran in retaliation for taking U.S. hostages, at the White House, Washington, D.C., U.S., April 7, 1980. Library of Congress/Marion S. Trikosko/Handout via REUTERSWASHINGTON, Feb 20 (Reuters) - Former U.S. President Jimmy Carter, 98, has decided to receive hospice care, the Carter Center said on Saturday. Here are several key events from the Georgia Democrat's time in office from 1977 to 1981. CAMP DAVID ACCORDSThe Camp David Accords were a series of agreements signed in 1978 between Israeli Prime Minister Menachem Begin and Egyptian President Anwar Sadat. The hostages were released minutes after Ronald Reagan was sworn into office to replace Carter in 1981.

☆ NHL roundup: Rangers escape 3-goal hole, edge Oilers in SO
▼ + stars: | 2023-02-18 | by ( ) www.reuters.com time to read: +4 min

[1/4] Feb 17, 2023; Edmonton, Alberta, CAN; New York Rangers forward Alexis Lafreniere (13) scores the shoot-out winning goal against Edmonton Oilers goaltender Jack Campbell (36) at Rogers Place. Mandatory Credit: Perry Nelson-USA TODAY SportsFebruary 18 - Alexis Lafreniere scored the deciding goal of the shootout to give the New York Rangers a 5-4 comeback win over the host Edmonton Oilers on Friday. The Rangers trailed 3-0 and 4-1 in the first period, but chipped away and won their seventh straight game. The Oilers are winless (0-1-2) in their last three games, but have still collected points in 13 of their last 14 games (9-1-4). The Oilers scored four goals in the third period of their last game with the Rangers, a 4-3 victory on Nov. 26 in New York.

☆ Jimmy Carter, 98, to receive hospice care
▼ + stars: | 2023-02-18 | by ( ) www.reuters.com time to read: +2 min

Feb 18 (Reuters) - Former U.S. President Jimmy Carter has decided to receive hospice care and "spend his remaining time at home with his family" instead of additional medical intervention, the Carter Center said on Saturday. Carter, 98, who has lived longer after leaving the White House than any former president in U.S. history, was a Democrat who served from January 1977 to January 1981. The Carter family asks for privacy during this time and is grateful for the concern shown by his many admirers," the center said in a statement. But Carter also played a central role in brokering the Camp David accords that led to the landmark Egypt-Israeli peace treaty. However, Carter rehabilitated his legacy as he worked energetically for decades on humanitarian causes.

☆ YouTube creators testing its new song-licensing feature are feeling sticker shock from prices as high as $18,000
▼ + stars: | 2023-02-16 | by ( Dan Whateley | Amanda Perelli | ) www.businessinsider.com time to read: +7 min

Some Creator Music licenses have a set price, while others have custom pricing based on a channel's size. Prices for a song license in Creator Music can vary widely based on a creator's subscriber count. Music rights holders regularly crack down on brands that use songs in social-media posts without paying for a license. YouTube has gradually introduced features over the past decade-and-a-half to compensate music rights' holders on its platform. The company is also setting aside revenue for music rights holders as it introduces revenue-sharing on Shorts this month.

☆ NHL roundup: Auston Matthews' return boosts Leafs
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +4 min

[1/6] Feb 15, 2023; Toronto, Ontario, CAN; Toronto Maple Leafs right wing William Nylander (88) battles for the puck with Chicago Blackhawks defenseman Caleb Jones (82) in front of Blackhawks goaltender Petr Mrazek (34) during the third period at Scotiabank Arena. Mandatory Credit: Nick Turchiaro-USA TODAY SportsFebruary 16 - Auston Matthews had a goal and an assist in his return after missing five games with a sprained knee, helping the Toronto Maple Leafs earn a 5-2 win over the visiting Chicago Blackhawks on Wednesday night. The Maple Leafs went 2-3-0 while Matthews was out. Conor Timmins added a goal, and the Maple Leafs goalie Ilya Samsonov made 27 saves. Lazar and defenseman Oliver Ekman-Larsson left due to lower-body injuries, and goalie Arturs Silovs stopped 22 shots in his NHL debut.

☆ YouTube creators testing its new song-licensing feature are feeling sticker shock from prices as high as $1,000
▼ + stars: | 2023-02-15 | by ( Dan Whateley | Amanda Perelli | ) www.businessinsider.com time to read: +6 min

Some Creator Music licenses have a set price, while others have custom pricing based on a channel's size. Prices for a song license in Creator Music can vary widely based on a creator's subscriber count. YouTube has gradually introduced features over the past decade-and-a-half to compensate music rights' holders on its platform. In 2015, it built a standalone music-streaming service called YouTube Music. The company is also setting aside revenue for music rights holders as it introduces revenue-sharing on Shorts this month.

☆ Mexico's top diplomat says met with Tesla brass, 'good news' imminent
▼ + stars: | 2023-02-14 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Feb 14 (Reuters) - Mexican Foreign Minister Marcelo Ebrard said on Tuesday he met with senior executives from electric automaker Tesla, teasing that "good news" is on the way, as speculation runs high over expected high-stakes investment decisions. Ebrard met with Rohan Patel, Tesla's senior global director of public policy and business development, and Eugenio Grandio, director of business development and policy for Latin America, Mexico's senior diplomat wrote in a post on Twitter. He did not go into further detail over what Tesla announcements are imminent. Two local locations are primed for a potential Tesla plant, the country's president said last week, which would mark a major advance for Mexico's well-established auto sector. Ebrard told Reuters earlier this month that Mexico was gearing up to build several manufacturing hubs for electric vehicles across the country.

☆ Nicaraguan political prisoners' families seek their release after others freed
▼ + stars: | 2023-02-14 | by ( ) www.reuters.com time to read: +1 min

MANAGUA, Feb 14 (Reuters) - The relatives of 35 political prisoners in Nicaragua called for their release on Tuesday, days after 222 others in the same category were freed and expelled to the United States following a surprise deal with Washington. The prisoners, considered political by human rights groups, include 56-year-old anti-government Bishop Rolando Alvarez, one of the Central American country's most influential church leaders. He refused to board the U.S.-bound plane last week and was returned to jail, stripped of his Nicaraguan citizenship and then sentenced to a 26-year term. "Our relatives were on the official list of political prisoners and were not taken into account for release," the Committee of Relatives of Political Prisoners told a news conference. After the prisoner release, President Daniel Ortega said two prisoners refused to board the plane while Washington rejected four others.

☆ Nicaraguan Catholic bishop sentenced to decades in prison, citizenship stripped
▼ + stars: | 2023-02-11 | by ( Ismael Lopez | ) www.reuters.com time to read: +3 min

Alvarez, bishop of the Matagalpa diocese, was convicted of treason, undermining national integrity and spreading false news, among other charges. During Friday's court hearing it was also announced that he would be fined and stripped of his Nicaraguan citizenship. Originally scheduled for late March, the sentencing of the bishop, widely known by the Catholic honorific monsignor, was sped up without explanation. Rolando Alvarez is irrational and out of control," Silvio Baez, a senior Nicaraguan bishop exiled in Miami, wrote on Twitter after the sentence. A cameraman for a Catholic television channel was also arrested with them.

☆ Nicaraguan Catholic bishop sentenced to prison, stripped of citizenship
▼ + stars: | 2023-02-11 | by ( ) www.reuters.com time to read: +1 min

[1/2] Rolando Alvarez, bishop of the Diocese of Matagalpa and Esteli and critical of the Nicaraguan President Daniel Ortega, prays at a Catholic church where he is taking refuge alleging he had been targeted by the police, in Managua, Nicaragua May 20, 2022. REUTERS/Maynor ValenzuelaMANAGUA, Feb 10 (Reuters) - A Nicaraguan court sentenced Catholic Bishop Rolando Alvarez to a more than 26-year prison term on Friday, a day after the cleric and critic of President Daniel Ortega declined to be expelled to the United States as part of a prisoner release. Alvarez was convicted on charges of undermining national integrity and spreading false news, and during Friday's court hearing it was also announced that he would be fined and stripped of his Nicaraguan citizenship. Last August, police arrested Alvarez, bishop of the Matagalpa diocese, after dislodging him after he had barricaded himself in church property for several weeks along with other priests. Reporting by Ismael Lopez; Writing by David Alire Garcia; Editing by Anthony EspositoOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine claims its first kill of Russia's 'Terminator' armored vehicle, believed to be one of Putin's most advanced weapon systems
▼ + stars: | 2023-02-11 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Images appeared to show Russia's "Terminator" armored vehicle after a direct hit. The "Terminator," designed to support armor and infantry units, can engage three targets at once. Russia has begun its new offensive in eastern Ukraine, according to one of Ukraine's military commanders. The "Terminator" was designed to support other armor and infantry units and can engage three different targets at once using its four weapons operators. The vehicle was first designed in the late 1980s, and is made by Russian company Uralvagonzavod, the Russian military's leading tank producer.

☆ Column: Fantasy league matchmaking between oil majors and transition upstarts
▼ + stars: | 2023-02-10 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

But the eye-catching headline numbers also drew scrutiny from climate trackers and policymakers anxious to see fossil fuel majors show leadership in the renewable energy field. Reuters GraphicsSome of so-called Big 5 majors, especially Europe-based firms BP (BP.L), Shell (SHEL.L) and TotalEnergies (TTEF.PA), already boast major business segments tied to renewable energy. Big exposure to U.S.-based production assets, along with lucrative export streams of oil, gas and fuel were key drivers behind the outsized earnings of U.S. firms. Both firms operate at the front edge of the energy transition in different sectors, and present potentially appealing entry points for majors seeking access to fast-growing specialist areas. As the largest utility company in the United States, the firm is already in the starting line-up for any energy sector discussion.

☆ The hidden price of eggs: How high costs may trickle into other foods
▼ + stars: | 2023-02-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

The average price for all types of eggs ballooned 60% in 2022, according to the consumer price index. Higher egg prices are largely the result of a deadly outbreak of bird flu in the U.S., economists said. Since February 2022, bird flu killed more than 44 million hens in commercial table-egg-laying flocks, according to the U.S. Department of Agriculture. But there isn't a one-to-one relationship between higher egg prices — whether shelled or in another form — and the cost of other foods. In short: Eggs are one of many factors in inflated consumer food prices.

Bob Berg | Moment Mobile | Getty ImagesIn a fragmented media landscape, events like the Super Bowl are prized by advertisers for the exposure they offer. These commercials are an institution in and of themselves, with the ads generating conversation for weeks ahead and days after the big game. Consumers might recall well-crafted Super Bowl ads years after their debut. So does Super Bowl exposure truly help boost business? It drove so many viewers to Coinbase's app that it crashed on the night of the Super Bowl.

☆ Spain offers freed Nicaraguans citizenship after move to make them stateless
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Kevin LamarqueMADRID/MANAGUA, Feb 10 (Reuters) - The Spanish government offered citizenship to more than 200 Nicaraguan political prisoners who were freed and flown to the United States on Thursday, Spain's top diplomat said on Friday. Foreign Minister Jose Manuel Albares made the announcement to Servimedia news agency, following the surprise release of 222 Nicaraguan prisoners later expelled to the United States. After their release, lawmakers loyal to authoritarian President Daniel Ortega voted to strip them of their Nicaraguan citizenship, which could thwart plans to return home someday. He added that Spain stood ready to receive others, noting that Madrid's decision had been made "after news reports that proceedings had begun to declare them stateless." Spanish authorities will reach out to the prisoners, who were allowed into the United States under a temporary humanitarian visa, so they can formally apply for citizenship.

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