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☆ Indian shares rise ahead of RBI policy decision
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +1 min

Market participants will focus on the RBI's commentary on the future trajectory of rate hikes, liquidity, the country's economic outlook and whether the central bank changes its stance from "withdrawal of accommodation" to "neutral." The RBI had raised key lending rate by 35 basis points in December, after three straight 50 bps hikes, and had said its fight against inflation was not over yet. Fed's Powell said on Tuesday disinflation has started and that he expects significant declines in inflation this year, raising hopes of less aggressive rate hikes in the future. Wall Street closed higher overnight, while MSCI's gauge of the broader index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was up 0.75%. Reporting by Rama Venkat in Bengaluru; Editing by Dhanya Ann Thoppil and Eileen SorengOur Standards: The Thomson Reuters Trust Principles.

☆ Inside Nike's high-profile gender discrimination lawsuit, where plaintiffs claim unequal pay and more thanks to a 'boys' club' culture
▼ + stars: | 2023-02-06 | by ( Matthew Kish | ) www.businessinsider.com time to read: +6 min

Former female Nike employees sued the company over alleged gender discrimination in 2018. The lawsuit was filed in 2018, a few months after the Wall Street Journal first reported on allegations of a "boys' club" culture at Nike. Nike disputes the number and says there's no gender pay gap. In November 2022, Nike and plaintiffs unsealed roughly 5,000 pages of documents, including details of an alleged $11,000 pay gap between 2015 and 2019 for male and female Nike employees. Nike unseals internal memos and human-resource documents as it gears up to defend itself against allegations of gender discriminationIn late April 2022, Nike unsealed its motion against class certification.

☆ Disney's strategy to win its battle with DeSantis is to just wait until he runs for president, says a top Florida Democrat
▼ + stars: | 2023-02-06 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +7 min

Disney will sue Florida for dissolving its self-governing status, predicted Democratic state Sen. Jason Pizzo. Florida lawmakers are deciding Disney's financial fate this week. Ron DeSantis will be to simply run out the clock, a top Florida Democrat predicted Monday. Other areas state lawmakers will consider would allow Florida to transport migrants from other states and to give the state more power to prosecute election fraud. Today, more than 40 lobbyists represent Disney before the Florida legislature, according to an Insider review of lobbying disclosures.

☆ Anti-LGBTQ+ protests are at an all-time high. A Proud Boys war on drag is a big reason why.
▼ + stars: | 2023-02-04 | by ( Laura Italiano | ) www.businessinsider.com time to read: +12 min

Once a week on average in 2022, Proud Boys joined or led anti-LGBTQ+ protests held across the US. Proud Boys joined in seven anti-LGBTQ+ protests in September, 10 in October and 6 in November. In December, they protested at 13 anti-LGBTQ+ protests, more than in any other month last year, ACLED data shows. And the group's anti-LGBTQ+ push is continuing, said Kaufman, who tracks the Proud Boys' estimated 119 chapters in 46 states. Proud Boys are turning up these days at nearly half of all anti-LGBTQ+ activity across the country, she told Insider.

Add to that mix the classic 60/40 portfolio model — a standard investing benchmark — that helps investors achieve that last point. Below, CNBC Select spoke to two financial professionals about how novices can put a 60/40 portfolio strategy in action. Once you're ready to invest, here are four simple ways to start putting money into a 60/40 portfolio. Vanguard Learn More Minimum deposit and balance Minimum deposit and balance requirements may vary depending on the investment vehicle selected. Wealthfront Learn More Minimum deposit and balance Minimum deposit and balance requirements may vary depending on the investment vehicle selected.

☆ Nearly 1,000 Migrant Children Separated From Parents at Border Haven’t Been Reunited, Data Shows
▼ + stars: | 2023-02-03 | by ( Talal Ansari | ) www.wsj.com time to read: 1 min

Nearly 1,000 children separated from their parents at the U.S. border under the Trump administration’s zero-tolerance policy on illegal immigration haven’t been reunited, federal data shows, despite a multiyear effort to do so. The federal program has reunited 600 migrant children with their parents, according to numbers released by the Department of Homeland Security on Thursday, the second anniversary of the establishment of the Family Reunification Task Force by President Biden soon after he assumed office.

☆ Meta's short video Reels may finally be ready to challenge TikTok, analysts say
▼ + stars: | 2023-02-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Improving Reels engagement is boosting analysts' confidence in the short-form video platform's ability to compete with TikTok. META 1D mountain Meta Platforms shares surged more than 28% Thursday, on pace for their best day since 2013. Looking ahead, some analysts believe that Reels plays a dominant role in improving Facebook's efficiency. Easing TikTok tensions As for TikTok, some analysts say Reels is in position to overtake the short-form video leader that finds itself under increasing pressure as calls for a nationwide bans grow. JPMorgan analyst Doug Anmuth views improving Reels engagement trends and artificial intelligence investments as a way to temper threats from TikTok.

☆ Close to 1,000 migrant children separated by Trump yet to be reunited with parents
▼ + stars: | 2023-02-02 | by ( Ted Hesson | ) www.reuters.com time to read: +2 min

WASHINGTON, Feb 2 (Reuters) - Nearly 1,000 migrant children separated at the U.S.-Mexico border by the administration of former President Donald Trump have yet to be reunited with their parents despite a two-year effort by President Joe Biden. The U.S. Department of Homeland Security (DHS) said on Thursday of the 998 children still separated, 148 were in the process of reunification. Biden, a Democrat, issued an executive order shortly after taking office in January 2021 that established a task force to reunite children separated from their families under Trump, a Republican and immigration hardliner, calling such separations a "human tragedy." The Trump administration split apart thousands of migrant families under a blanket "zero-tolerance" policy that called for the prosecution of all unauthorized border crossers in spring 2018. To date the task force has reunited 600 families.

☆ 1 out of every 4 migrant kids separated at the border by Trump still hasn't been reunited with their family 2 years later
▼ + stars: | 2023-02-02 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

The Department of Homeland Security says nearly a thousand migrant children are still separated. The Biden administration set up a task force in 2021 to reunite the families separated under Trump. Out of those separated children, 2,926 have been reunited as of February 1, 2023, the Family Reunification Task Force said. The Family Reunification Task Force said it had reunited 600 children with their families, and the rest were reunited before the task force was established in February 2021. But the task force said it "will not stop until all the separated families are afforded the opportunity for reunification."

☆ Analysts laud Meta Platforms' focus on efficiency, say the stock is transitioning from 'doghouse to pedestal'
▼ + stars: | 2023-02-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Meta Platforms is turning its focus toward efficiency, and analysts seem to like the narrative shift from the battered technology giant. "Our management theme for 2023 is the 'Year of Efficiency' and we're focused on becoming a stronger and more nimble organization." META YTD mountain Meta Platforms shares have already surged 27% this year Analysts also seemed to praise the company's move to lower its outlook for capital expenditures and operating expenses. The word "efficiency" came up over 25 times on the company's earnings call, according to Morgan Stanley's Brian Nowak. The analyst has an outperform rating on Meta and hiked his price target to $275, which implies upside of nearly 80%.

With inflation high and interest rates on the rise, parking your money in CDs is a big risk. Generally speaking, the longer you leave your money in the bank, the higher interest rate you will receive. Other options — like utilizing mutual funds or even common stocks — can provide higher returns than a certificate of deposit. Better alternatives existAs a financial planner, I always recommend exploring all available options before investing your money. Instead of locking up your money in a CD, consider other methods that produce higher returns and carry less risk.

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India's finance minister will present the annual budget to parliament on Wednesday. Bloomberg | Getty ImagesIndia's finance minister will present the annual budget to parliament on Wednesday. Finance Minister Nirmala Sitharaman will announce the final full-year budget before the next general elections in 2024. Analysts expect the government to focus on continued fiscal consolidation for this year's budget, despite challenges. Nirmala Sitharaman, India's finance minister, speaks during a news conference at the National Media Center in New Delhi, India, on Monday, Nov. 15, 2021.

☆ I followed Nancy Pelosi's diet of breakfast ice cream and hot dogs for a week, and I ping-ponged between euphoria and the depths of despair
▼ + stars: | 2023-01-31 | by ( Sophie Kleeman | ) www.businessinsider.com time to read: +22 min

My research found that Pelosi eats ice cream for breakfast, hot dogs for lunch, pasta, and chocolate. Chocolate ice cream for breakfast, rich and creamy pasta, and lots of snacking chocolate. She claims she does not exercise; her daughter once arrived home to find her mother eating chocolate ice cream while using a stationary bike. I save the ice cream for later to avoid a massive sugar crash and start out with a cup of black tea instead. However, I don't want to slack off after the ice cream episode, so I slather it on.

☆ Hong Kong is criminalizing CBD as a ‘dangerous drug’ alongside heroin
▼ + stars: | 2023-01-31 | by ( Jessie Yeung | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —Two years ago, cannabidiol was booming in Hong Kong. CBD cookies at the Found cafe in Hong Kong on August 11, 2022. And while CBD products could avoid this trace amount by using a pure form of CBD, most manufacturers mix other compounds for higher potency. From 2019 to early 2022, Hong Kong authorities launched nearly 120 “operations” seizing and testing CBD products from restaurants and shops to warehouses, Secretary for Security Tang Ping-keung said last year. Now “there’s less choice for consumers in Hong Kong.

☆ UAE museum unveils Torah scroll that survived the Holocaust in tolerance push
▼ + stars: | 2023-01-29 | by ( Bushra Shakhshir | ) www.reuters.com time to read: +3 min

[1/6] Visitors attend an event commemorating the Holocaust, in which a 16th century Torah scroll that survived the Holocaust was officially unveiled, at Crossroad of Civilizations Museum, in Dubai, United Arab Emirates, January 28, 2023. Ahmed Obaid Al Mansoori, founder of the Crossroads of Civilizations Museum in Dubai's historic district, said the display, unveiled for International Holocaust Remembrance Day would help combat "big denial" of the Holocaust in the region. The scroll is on permanent loan to the museum from the Memorial Scrolls Trust, which looks after more than 1,000 Czech scrolls saved from the Holocaust and later sent to London. "I lived in the Arab world when I was young, and the term Holocaust does not exist ... Reporting by Bushra Shakhshir and Abdel Hadi Ramahi; Writing by Ghaida Ghantous Editing by Peter GraffOur Standards: The Thomson Reuters Trust Principles.

☆ Crimea is shaping up to be the battleground that will decide the Russia-Ukraine war
▼ + stars: | 2023-01-29 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +11 min

Crimea is poised to be the next big battlefield, and one that could decide the Ukraine war. "The decisive terrain for this war is Crimea," Ben Hodges, a former commander of US Army Europe, told Insider. Ukraine will "never be safe or secure" if Russia retains control of Crimea, Hodges siad. The fight to retake Crimea could be extremely bloody, in a war that's already led to massive casualties for both sides. President of UkraineUkrainian President Volodymyr Zelenskyy has pledged to expel Russian forces out of all occupied territory, including Crimea.

☆ Police allege a substitute teacher encouraged middle school students to fight during class and filmed it
▼ + stars: | 2023-01-29 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Police say an Idaho middle school substitute teacher encouraged students to fight and filmed it. They allege the teacher set a timer for students to fight and then shared videos of it to social media. Police said in a Facebook statement that Ettson Arreola, who was teaching at Syringa Middle School, set a timer and encouraged students to fight for ten seconds while he recorded videos. Two physical fights took place in his classroom on Thursday, police said, one between two male students and another between two female students. The Superintendent of the Caldwell School District, Dr. French, said: "The Caldwell School District has zero tolerance for this type of behavior.

☆ A Portland woman said a gas station employee told her 'I don't serve Black people.' 3 years later, a jury awarded her $1 million in damages.
▼ + stars: | 2023-01-28 | by ( Taylor Ardrey | ) www.businessinsider.com time to read: +3 min

A Portland, Oregon, woman was awarded $1 million following a racist incident in 2020, KGW reported. Rose Wakefield said a gas station employee told her, "I don't serve Black people." While there, she said a gas station employee on site, identified as Nigel Powers, ignored her multiple times, KGW reported citing court documents. Before Wakefield left, she said the gas attendant scoffed at her saying, "I don't serve Black people," the outlet reported. "I went to a gas station to get gas and service, and I wasn't served," Wakefield, 63, told KGW.

☆ Abuses Proliferate in Police Squads Like Memphis's Scorpion Unit
▼ + stars: | 2023-01-28 | by ( Katherine Long | Jack Newsham | ) www.businessinsider.com time to read: +27 min

Street Crime Unit. Jon Naso/NY Daily News Archive via Getty ImagesMemphis police chief Davis also has prior experience with special street crime units. Street crime squads are popular among politicians who say only aggressive policing will reduce violent crime. In the late 1990s, the Street Crime Unit tripled in size, amid a panic over a rising number of homicides. In a city grappling with violent crime, authorities touted the Street Crime Unit as a bright spot.

☆ FA to investigate alleged racial abuse of Birmingham keeper
▼ + stars: | 2023-01-28 | by ( ) www.reuters.com time to read: +1 min

Jan 28 (Reuters) - The Football Association said it would investigate alleged racist abuse aimed at Birmingham City goalkeeper Neil Etheridge as a matter of urgency following an incident in their FA Cup game at Blackburn Rovers on Saturday. Birmingham manager John Eustace said Etheridge was abused by fans after he celebrated his side's stoppage time equaliser in the 2-2 draw in the fourth round. After the goal Etheridge went to referee Keith Stroud on the halfway line to complain about comments directed to him. The FA said: "We are aware of an alleged incident of racial abuse that was reported to the match official. "We take allegations of discrimination extremely seriously and we will be investigating as a matter of urgency."

☆ Jury awards $1M to Oregon woman who was told ‘I don’t serve Black people’
▼ + stars: | 2023-01-27 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

PORTLAND, Ore. — A jury has awarded an Oregon woman $1 million in damages after finding she was discriminated against by a gas station employee who told her, “I don’t serve Black people.”The Multnomah County jury’s award this week to Portland resident Rose Wakefield, 63, included punitive damages of $550,000. When she tried to ask for assistance, he said, “I’ll get to you when I feel like it,” according to Kafoury. Kafoury said as she was leaving, Wakefield asked Powers why he refused to help her and that he said, “I don’t serve Black people.”Rose Wakefield. KGW“I was like, ‘What world am I living in?’ ” Wakefield told KGW. It was a terrible, terrible confrontation between me and this guy.”During the following week, Wakefield complained twice to managers, but her phone calls were largely disregarded, Kafoury said.

“The Scorpion unit was involved,” Shelby County, Tennessee, District Attorney Steve Mulroy said Thursday at a news conference where he announced murder charges against five officers. Davis has called “heinous, reckless and inhumane,” has increased scrutiny of the city’s reliance on specialized units to suppress violent crime. This week, Davis announced a review of all of the police department’s specialized units, including Scorpion, in response to Nichols’ death. Memphis’ Scorpion unit was created in October 2021 under the police department’s Organized Crime Unit. Mayor Jim Strickland promoted the new Scorpion unit as part of the solution in his January 2022 State of the City speech.

☆ 1 dead in Spanish church machete attacks, terror link probed
▼ + stars: | 2023-01-26 | by ( Associated Press | ) www.nbcnews.com time to read: +2 min

The assailant then went to a second church, Nuestra Señora de La Palma, a five-minute walk away, where he attacked the sexton. Police gather outside the Church of San Isidro, in Algeciras, Spain on Jan. 25, 2023. Nono Rico / Europa Press via APThe Algeciras town hall said the sexton was named Diego Valencia and identified the wounded priest as Antonio Rodríguez. The town hall said he was hospitalized and in stable condition. The town hall declared a day of mourning when flags will fly at half-staff.

☆ War with Russia rages as Ukraine’s government confronts an old enemy: Corruption
▼ + stars: | 2023-01-26 | by ( Raf Sanchez | Raf Sanchez Is A Foreign Correspondent For Nbc News. | ) www.nbcnews.com time to read: +6 min

He is now one of around a dozen officials who resigned, were fired, or were put under investigation this week as Ukraine’s government confronts an old enemy: corruption. On Monday, Zelenskyy banned public officials from traveling abroad for anything other than work. “It demonstrates what President Zelenskyy has told us, that there will be zero tolerance for fraud or waste,” he said. Ukraine is currently ranked 132 out of 180 countries on a corruption index compiled by Transparency International, a good-governance nongovernmental organization. “I think that after the war, we will have a better Ukraine than we had before the war,” he said.

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