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☆ Australia to decide fate of central bank chief in July
▼ + stars: | 2023-06-22 | by ( Wayne Cole | ) www.reuters.com time to read: +3 min

[1/2] Governor of the Reserve Bank of Australia (RBA) Philip Lowe attends the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, Bali, Indonesia, 16 July 2022. Treasurer Jim Chalmers told reporters on Thursday he would announce his decision on Reserve Bank of Australia (RBA) Governor Philip Lowe's future in coming weeks, but would not be drawn on whether Lowe would keep his job. The clamour of criticism, particularly in the media, led Chalmers to launch an independent review of the central bank which recommended sweeping changes in its operation and the way policy was formed. "Obviously, the Reserve Bank Governor needs to be well placed to implement the recommendations of the review and to take the Reserve Bank into the future," said Chalmers. Possible replacements being touted are the current deputy governor Michele Bullock, Treasury official Jenny Wilkinson and former Bank of Canada official Carolyn Wilkins, who also led the review into the RBA.

Persons: Philip Lowe, Jim Chalmers, Philip Lowe's, Lowe, I’m, we'd, Chalmers, Michele Bullock, Jenny Wilkinson, Carolyn Wilkins, Wayne Cole, Renju Jose, Leslie Adler Organizations: Reserve Bank of Australia, Ministers, Central Bank Governors, Reserve Bank Governor, Bank, Treasury, Bank of Canada, Thomson Locations: Nusa Dua, Bali, Indonesia

This week’s attempt to rescue the five individuals trapped in the submersible, includes both the U.S. Navy and the Coast Guard. But, she said, when the cost of search and rescue efforts “crosses a certain threshold, funds may be diverted from N.P.S. The Coast Guard did not immediately respond to questions about the expense of past extensive search and rescue efforts. Credit... U.S. Coast Guard, via Associated PressMr. Derreumaux said he was thankful to the Coast Guard for saving his life, along with the lives of many others in need of its help. “I would not have called the Coast Guard if it weren’t a life-threatening situation,” he said.

Persons: ”, Chris Boyer, —, Boyer, Cynthia Hernandez, Peter Anderson, Cyril Derreumaux, kayaker, Derreumaux, “, ” Claire Fahy Organizations: U.S . Navy, Coast Guard, National Association for Search, National Park Service, OceanGate Expeditions, Abercrombie, Kent, The Coast Guard, San Francisco Chronicle, Coast Guard helicopter, . U.S . Coast Guard, Associated Press, Guard Locations: United States, New Hampshire, N.P.S, California, Hawaii, Marin County, Calif, . U.S

☆ Founder of US 'orgasmic meditation' group to challenge forced labor charge
▼ + stars: | 2023-06-21 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +1 min

[1/3] Nicole Daedone, founder and former CEO of OneTaste Inc., arrives for a hearing at the Brooklyn Federal Courthouse in Brooklyn, New York, U.S., June 21, 2023. REUTERS/Brendan McDermidNEW YORK, June 21 (Reuters) - The founder of OneTaste, a sexual wellness company that claims to teach "orgasmic meditation," plans to challenge a federal criminal charge that she surveilled group members and withheld promised wages, her lawyer said on Wednesday. Daedone, who also served as OneTaste's chief executive until 2017, and former head of sales Rachel Cherwitz have each pleaded not guilty to one count of forced labor conspiracy. Jenny Kramer, a lawyer for Cherwitz, told Gujarati her client denied the charges. Reporting by Luc Cohen in New York Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Nicole Daedone, Brendan McDermid, Reid Weingarten, Diane, Weingarten, Rachel Cherwitz, Jenny Kramer, Cherwitz, OneTaste, Luc Cohen, Matthew Lewis Organizations: OneTaste Inc, Brooklyn Federal, REUTERS, U.S, District, Netflix, Thomson Locations: Brooklyn, Brooklyn , New York, U.S, California, New York

☆ Taylor Swift should be making even more money, but the economics of today's music industry hold her back, says Paul Krugman
▼ + stars: | 2023-06-21 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

By historic standards, Taylor Swift should be making much more money, Paul Krugman wrote. But live performances "serve a smaller niche of demand than they used to," he said in a NY Times op-ed. It's a question Paul Krugman posed on Tuesday in his most recent New York Times column, which is titled "Is Taylor Swift Underpaid?" It has allowed Swift concerts to book between $11 million-$12 million a night on her current tour. "As I said, the real question, arguably, is why Swift isn't making even more money."

Persons: Taylor Swift, Paul Krugman, —, Swift, Krugman, Jenny Lind, Lind, That's Organizations: Service, New York Times

But Titan, the lost submersible from the company OceanGate, is a technological maverick based on novel concepts that differ from standard designs. “I’ve had three people ask me about making a dive on it,” he said in reference to the lost submersible. Private vessels — those used on superyachts, exploratory craft, tourists jaunts — are not formally regulated by any governmental or intergovernmental agency. Nor do they meet the rigorous standards that are applied to deep-sea craft used by the United States Navy and other government agencies. “We are proud that every submersible delivered remains in active service and certified to its original design depth,” it says on the company’s website.

Persons: ”, Bruce H, Robison, Alfred S, McLaren, Navy submariner, “ I’ve, ‘, OceanGate, submersibles, jaunts, Jennifer, Dr Organizations: Aquarium Research, Explorers Club of New, United States Navy, Lloyd’s, American Bureau of Shipping, ” Triton, Triton Locations: Monterey, California, Navy, Explorers Club of New York City, British, Everett, Wash, Houston, American

“The submersible industry had significant concerns over the strategy of building a deep sea expedition submersible without following existing classification safety guidelines,” Mr. Kohnen said. OceanGate said in the post that because its Titan craft was so innovative, it could take years to get it certified by leading assessment agencies. “Bringing an outside entity up to speed on every innovation before it is put into real-world testing is anathema to rapid innovation,” the company wrote. The submersible sustained modest damage to its exterior, he wrote, leading OceanGate to cancel the mission so it could make repairs. Still, Mr. Concannon wrote in the filing, 28 individuals had been able to visit the Titanic wreckage on the craft in 2022.

Persons: —, Will Kohnen, Mr, Kohnen, Rush, OceanGate, Bart Kemper, ”, Kemper, Charles Kohnen, Will Kohnen’s, “, David Concannon, Concannon, Rebecca Beach Smith, Kitty Bennett Organizations: The New York Times, Stockton Rush, Manned, Vehicles, Marine Technology Society, Titan, Atlantis, Eastern, of, Court Locations: Canadian, U.S, of Virginia

☆ OceanGate was warned of potential for ‘catastrophic’ problems with Titanic mission.
▼ + stars: | 2023-06-20 | by ( Jenny Gross | Nicholas Bogel-Burroughs | ) www.nytimes.com time to read: +1 min

Leaders in the submersible craft industry were so worried about what they called the “experimental” approach of OceanGate, the company whose craft has gone missing, that they wrote a letter in 2018 warning of possible “catastrophic” problems with the submersible’s development and its planned mission to tour the Titanic wreckage. The letter, obtained by The New York Times, was sent to OceanGate’s chief executive, Stockton Rush, by the Manned Underwater Vehicles committee of the Marine Technology Society, a 60-year-old trade group that aims to promote ocean technology and educate the public about it. The signatories — more than three dozen people, including oceanographers, submersible company executives and deep-sea explorers — warned that they had “unanimous concern” about OceanGate’s development of the Titan submersible, the same craft that is now missing in the North Atlantic with five people on board. The chairman of the committee, Will Kohnen, said in an interview Tuesday that the letter grew out of fears about what could happen if the company did not stick to established standards.

Persons: —, Will Kohnen Organizations: The New York Times, Stockton Rush, Manned, Vehicles, Marine Technology Society, Titan

☆ A brand new dinosaur species with spiky armor was recently discovered to have roamed England during the Cretaceous period
▼ + stars: | 2023-06-20 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +3 min

A new species of dinosaur, Vectipelta barretti, was discovered on England's Isle of Wight. The new species is an ankylosaur, with dorsal armor made up of plates, spikes, and curved spines. Researchers will have to examine other ankylosaur fossils to see if they belong to the new species. But the newly-discovered species, Vectipelta, is thought to have been between 6 and 8 million years older than Polacanthus and has a few anatomical differences. Since 2019, at least four other new dinosaur species have been discovered there and scientists aren't holding back with some of the names.

Persons: barretti, —, Vectipelta, Polacanthus, we've, Stuart Pond, Ankylosaurs, William Fox, ankylosaurs, Ceratosuchops inferodios Organizations: Service, Privacy, Scientists, CNN Locations: Isle of Wight, England's Isle of Wight, China, Asia, Europe

The submersible vessel carrying five people slipped into the dark waters of the North Atlantic, heading to what remained of the Titanic, 12,500 feet under the sea. The expedition, like many before it, was a testament to the enduring fascination with the storied ship that struck an iceberg and sank off Newfoundland more than a century ago. But one hour and 45 minutes into the dive on Sunday morning, the craft went missing, setting off a search by rescue crews from two countries and adding another layer of mystery and intrigue to the Titanic wreck. In social media posts, Mr. Harding, 58, had written excitedly about the upcoming trip. “I am proud to finally announce that I joined @oceangateexped for their RMS TITANIC mission as a mission specialist on the sub going down to the Titanic,” he said on Instagram, adding, “More expedition updates to follow, IF the weather holds.”

Persons: Hamish Harding, Harding, ” Organizations: World Records Locations: Newfoundland, British, “

Video transcript Back bars 0:00 / 1:04 - 0:00 transcript Coast Guard Searching for Lost Submersible Near Site of Titanic The U.S. Coast Guard launched a search and rescue mission after a submersible disappeared during a dive to the site of the Titanic. We are doing everything that we can do to make sure that we can locate and rescue those on board. So after receiving the call, we launched, well, reached out to the vessel Polar Prince and began a surface search looking for the submersible. We’ve subsequently coordinated with the Canadian Coast Guard and Canadian Armed Forces to deploy additional assets to the scene. The U.S. Coast Guard launched a search and rescue mission after a submersible disappeared during a dive to the site of the Titanic.

Persons: John Mauger, We’ve, Steven Senne, Admiral Mauger, “, ”, we’re Organizations: U.S . Coast Guard, . Coast Guard, Canadian Coast Guard, Canadian Armed Forces, Associated, Coast Guard, OceanGate Expeditions, United, New York National Guard, Fox Locations: Cape Cod, Boston, U.S, United States, Canada

A team of scientists working to map the Titanic in 2010 as part of a project to create a high-definition 3D image of the ship. For decades after the Titanic sank, searchers scanned the dark waters of the North Atlantic for the ship’s final resting place. Since the wreck was found, in 1985, it has drawn hundreds of filmmakers, salvagers, explorers and tourists, using robots and submersibles. Mr. Cameron, who has repeatedly visited the wreck, was among those calling for care around the site. By the time it began offering tours to paying customers, researchers said that the Titanic had little scientific value compared to other sites.

Persons: James Cameron, Cameron’s, Cameron Organizations: Titanic, Atlantic, Expeditions

Persons: James Cameron, Cameron’s, Cameron Organizations: Titanic, Atlantic, Expeditions

☆ Submersible Disappears in Area of Titanic Wreck
▼ + stars: | 2023-06-19 | by ( Jenny Gross | Emma Bubola | ) www.nytimes.com time to read: 1 min

A submersible went missing in the area of the Titanic wreck in the North Atlantic on Monday, setting off a search-and-rescue operation by the U.S. Coast Guard, according to the agency and the tourism company operating the craft. Petty Officer Lourdes Putnam confirmed that Coast Guard officials were searching for the submersible, which is operated by OceanGate Expeditions. It was not clear how many people were on board the vessel, and Officer Putnam offered no further details. The company’s website said its submersibles carry five people. OceanGate, a company that takes paying tourists in submersibles to shipwrecks and underwater canyons, said on its website on Monday that an expedition was “currently underway.”In a statement after the submersible went missing, the company said that it was exploring all options to bring the crew back safely.

Persons: Lourdes Putnam, Putnam, “ Organizations: U.S . Coast Guard, Coast Guard, OceanGate Expeditions Locations: submersibles

Hong Kong CNN —Hundreds of mourners attended a funeral on Sunday for a Hong Kong model whose grisly death earlier this year shocked the city, with floral tributes flowing in from loved ones, friends and celebrities alike. Abby Choi, a 28-year-old mother of four, went missing in late February until parts of her dismembered body were found by police in a rural village house. Hundreds of people dressed in black lined up outside the Po Fook Memorial Hall in a quiet suburb of Hong Kong just a dozen miles south of where her remains were found. Among those present at the funeral was her late husband Chris Tam, whose family founded a popular noodle chain in the city. Two others have been charged with assisting the ex-husband’s effort to escape, though they have been released on bail.

Persons: Abby Choi, Tok, Choi, Choi –, Chris Tam, Tam, Marie, Paola Bertrand, Hillion, Aaron Kwok, Hong, Alex Kwong, Anthony, Kwong Kau, Alex Kwong’s, Jenny Li Organizations: Hong Kong CNN Locations: Hong Kong, Paris, Choi’s

☆ Alibaba and more: Morgan Stanley names 5 global stocks with at least 50% upside
▼ + stars: | 2023-06-19 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Morgan Stanley expects five of its top Asia stock picks to rise by more than 50% over the next 12 months. Alibaba Alibaba Group, the Chinese technology giant that's also listed in the United States, is making significant progress in its restructuring process, according to Morgan Stanley. "The likelihood of generics being immediately released in May 2024 is low," Morgan Stanley analysts Shinichiro Muraoka and Jaeheon Lee said in a note to clients on June 12. Sea Despite the challenges from inflation and post-pandemic economic reopenings, Morgan Stanley still sees long-term potential in Sea Limited . JD.com Morgan Stanley highlighted JD.com , a leading Chinese e-commerce company, for its potential growth as Chinese consumer spending picks up.

Persons: Morgan Stanley, Morgan Stanley's, Morgan, Gary Yu, Astellas, Astellas Pharma Morgan Stanley, Shinichiro Muraoka, Jaeheon Lee, JD.com Morgan Stanley, Eddy Wang, Ping, Jenny Jiang Organizations: Asia, Alibaba, Street, Astellas Pharma, Ping An Insurance Locations: Asia, Asia Pacific, Japan, China, India, United States, U.S, Singapore

☆ Downhill skateboarding: Why five women embarked on a 3,500-mile skateboard journey across Europe
▼ + stars: | 2023-06-17 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +6 min

But for Anna Pixner, downhill skateboarding at speed evokes a different feeling: freedom. Journalists and spectators are still quick to point out that she is an exception to the norm in the male-dominated world of downhill skateboarding, but Pixner has tired of such comments. According to director Marchella De Angelis, downhill skateboarding "is very risky. Pixner tells CNN Sport that she finds skating to be “a very good tool to help with all kinds of mental issues. Pixner is one of a growing number of people who hope that downhill skateboarding will soon become part of the Games’ roster.

Persons: Anna Pixner, Pixner, “ There’s, ”, “ Woolf, Jenny Schauerte, Marchella De Angelis, Hanegraef, Lisa Peters, Alejandra Gutierrez –, ” Pixner, “, you’re, De Angelis, aren’t, it’s, It’s Organizations: CNN, Journalists, CNN Sport, Sony, 2Dare2, Racing Locations: London, Innsbruck, Austria, Turkey, what’s

☆ Rare video footage shows a cannibalistic killer crab gobbling up babies. 'I have never seen this behavior before,' one expert said.
▼ + stars: | 2023-06-16 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +3 min

Every year, millions of Christmas Island red crabs make their way to the Indian Ocean to lay eggs. David Attenborough's Netflix series "Our Planet II," shows an adult crab feasting on baby crablets. The Christmas Island crabs are terrestrial, inhabiting the island's rainforests during most of the year. When the eggs hit the water, the red crab larvae hatch. You can watch "Our Planet II" on Netflix.

Persons: David Attenborough's, Lucy Turner, —, I've Organizations: David Attenborough's Netflix, Service, Netflix, University of Plymouth, Parks Australia –

☆ Jennifer Aniston and Courteney Cox reveal their nicknames for each other
▼ + stars: | 2023-06-16 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —Jennifer Aniston wished her friend and former “Friends” costar Courteney Cox a happy birthday with a throwback message. Posting a series of shots to Instagram, Aniston wrote: “I’d like to take a moment and wish my dearest CC the happiest of birthdays. If you’ve been lucky enough to know her, you know how incredible she is. Happy Birthday.”Cox commented back, “I love you Jenny Louise.”Reese Witherspoon joined the comments section, writing,” Love this beautiful / talented / brilliant woman so much ! “From the beginning of when we met her, she was immediately inclusive, warm, loving, interested in everything about you,” she said.

Persons: Jennifer Aniston, ”, Courteney Cox, Aniston, “, you’ve, Cox, ” Cox, Jenny Louise, ” Reese Witherspoon, ” Kylie Minogue, ” Aniston Organizations: CNN

☆ Digital Technology Is Changing Our Experience of Time - The New York Times
▼ + stars: | 2023-06-15 | by ( Pamela Paul | ) www.nytimes.com time to read: +1 min

This column will take you five minutes, according to the New York Times website, which now posts an estimated reading time for articles on its home page. You can easily finish it while waiting for your DoorDash, which will arrive in 12 minutes, shortly after your laundry cycle ends in — check the app — seven minutes. You’ll stop to collect the DoorDash, which didn’t actually come in 12 minutes but instead materialized in 22, just as you’d settled into a Zoom meeting. The laundry, on the other hand, will be ready in 12 minutes. It is harder and harder to tell when we are in the middle of a thing and when the thing is definitively over.

Persons: didn’t, Jenny Odell Organizations: New York Times Locations: Florida

☆ BP Refinery Suffered Cascade of Malfunctions Before Fatal Explosion, Agency Says
▼ + stars: | 2023-06-13 | by ( Jenny Strasburg | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/bp-refinery-suffered-cascade-of-malfunctions-before-fatal-explosion-agency-says-2a773b36

Persons: Dow Jones

☆ Shell CEO Takes U.K. Oil Giant’s Pitch Direct to Wall Street
▼ + stars: | 2023-06-11 | by ( Jenny Strasburg | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/shell-ceo-takes-u-k-oil-giants-pitch-direct-to-wall-street-835bebf0

Persons: Dow Jones

☆ When Her Reality TV Journey Ended a Real-Life Romance Began
▼ + stars: | 2023-06-09 | by ( Jenny Block | ) www.nytimes.com time to read: 1 min

“Nick watched me on Season 23 of ‘The Bachelor,’” said Ms. Lotuaco, who willingly left the show in week six. Mr. Wehby had watched as a guilty pleasure with his roommate, Michael Perazzo. “He took a liking to me from the moment he saw me on the show,” Ms. Lotuaco said, adding that she had also appeared in the “Bachelor in Paradise” spinoff. “I look back on the show very positively,” Ms. Lotuaco said. Mr. Wehby said he figured, “I really don’t have anything to lose.”

Persons: Nicholas James Wehby, Sydney Maree Lotuaco, Nick, ’ ”, Lotuaco, Wehby, Michael Perazzo, “, Ms, Mr, Perazzo, ”

☆ Worker emergency-savings initiative reaches more than $2 billion in net new savings
▼ + stars: | 2023-06-09 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Levi's has run a worker savings program since 2015 but in recent years has participated in BlackRock's initiative. When new employees get hired at the Levi's store in Lone Tree, Colorado, there's one job perk for them that really stands out, says store manager Debbra Ward — a company emergency-savings program that includes a match. If store workers save $40 per month, Levi's will match that with another $40 per month; in addition, they get a $20 sign-on bonus. But even after it ends, Ward expects the workers who have enrolled will continue to participate after they have built a habit of savings. Levi's has been running a program to help workers boost their emergency savings since 2015.

Persons: Levi's, perk, Debbra Ward, Ward, Jenny Calvert Rodriguez Organizations: Finance, IRS, Levi's, BlackRock Emergency Savings Initiative, Red Tab Foundation Locations: San Rafael , California, Lone Tree , Colorado, Debbra Ward —, Colorado, California, BlackRock

Fires are burning across the breadth of Canada, blanketing parts of the eastern United States with choking, orange-gray smoke. So much wildfire smoke pushed through the border that in Buffalo, schools canceled outdoor activities. The average global temperatures today are more than 1.1 degrees Celsius (2 degrees Fahrenheit) higher than in the preindustrial era. The trees and grasses of eastern Canada turned to tinder. “We should expect a stunning year of global extremes,” he wrote.

Persons: It’s, El Niño, Justin Trudeau, ”, Alexandra Paige Fischer, Park Williams, Wiliams, Brendan Rogers, haven’t, La, Jeff Berardelli, El, Ada Monzón Organizations: Northern, University of Michigan, Stanford, University of California, Climate Research, El, Twitter Locations: Canada, United States, Puerto Rico, North America, El, Buffalo, Detroit, Los Angeles, Alberta, Vietnam, China, Siberia, WFLA, Tampa Bay, Fla, WAPA

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