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US CDC tracks new lineage of virus that causes COVID
  + stars: | 2023-08-18 | by ( Deena Beasley | ) www.reuters.com   time to read: +2 min
The lineage is named BA.2.86, and has been detected in the United States, Denmark and Israel, the CDC said in a post on messaging platform X. "As we learn more about BA.2.86, CDC's advice on protecting yourself from COVID-19 remains the same," the agency said. The WHO said that, so far, only a few sequences of the variant have been reported from a handful of countries. The new lineage, which has 36 mutations from the currently-dominant XXB.1.5 COVID variant "harkens back to an earlier branch" of the virus, explained Dr. S. Wesley Long, medical director of diagnostic microbiology at Houston Methodist. https://slides.com/jbloom/new_2nd_gen_ba2_variant?ftag=YHF4eb9d17#/12The Omicron subvariant XBB.1.5 is the strain targeted by vaccines in upcoming COVID booster shots.
Persons: Wesley Long, Jesse Bloom, Fred Hutch, Dr, Long, Shivani Tanna, Himani Sarkar, Simon Cameron, Moore Organizations: Science, Trinity College, Reuters, U.S . Centers for Disease Control, CDC, World Health Organization, WHO, Houston Methodist, Fred Hutch Cancer Center, Thomson Locations: Dublin, Wuhan, United States, Denmark, Israel, Bengaluru
Judge Pauline Newman is 96 and says colleagues are trying to force her out over petty complaints. But she had an unnamed law clerk run errands and retaliated against an aide, an investigation found. In April, that clerk asked to be transferred to a judge after learning that "other law clerks were assisting Judge Newman in her defense of these proceedings," he said in an affidavit. "To sit at the feet, metaphorically, of Judge Newman, is an opportunity that any aspiring patent lawyer would welcome." The code of conduct for federal judges bars them from using chambers staff for certain extra-judicial activities (running errands isn't specifically listed).
Persons: Pauline Newman, Newman, Newman's, Arthur Hellman, Hugo, Black, Felix, Frankfurter, Aliza Shatzman, she'd, isn't, it's Newman, Kimberly Moore, Judge Newman, Greg Dolin, Dolin, It's, Hellman, Alvin Rubin, Rubin's, Shatzman, Moore Organizations: Service, Federal Circuit, University of Pittsburgh, New Civil Liberties Alliance Locations: Wall, Silicon
"State bank dollar selling has become a new normal to slow the pace of yuan depreciation," said one Shanghai-based trader. Offshore branches of the state banks were also seen selling dollars during London and New York trading hours this week, two sources with direct knowledge of the matter said on Thursday. Such dollar selling could limit falls in the offshore yuan and prevent it from diverging too far from its onshore counterpart . The onshore yuan traded at 7.3145 per dollar as of 0442 GMT, while the offshore yuan last fetched 7.3400. During recent weeks, market watchers say the Chinese authorities have sought to slow the yuan's decline, with the PBOC persistently setting a stronger-than-expected fixing, and state banks repeatedly selling dollars.
Persons: Yuan, Dado Ruvic, Hong, Jacqueline Wong, Simon Cameron, Moore Organizations: REUTERS, Rights, U.S, People's Bank of China, Shanghai, Thomson Locations: State, Shanghai, London, New York, China, U.S, Hong Kong
Ahead of the contest, Australian Ethan Ewing experienced Teahupo'o's ferocity, fracturing two vertebrae during a warmup and putting the world No. 3 in doubt for the one-day Rip Curl WSL Finals in California next month to decide a world champion. The win gives Robinson the remaining spot at next month's Finals to go with his Olympic qualification secured earlier in the competition. Medina just missed out on both the Finals and the Brazil Olympic team. Simmers or Marks will qualify along with reigning world and Olympic champion Carissa Moore on Team USA depending on their final ranking after the Finals at Lower Trestles in San Clemente.
Persons: Jack Robinson, Caroline Marks, Caitlin Simmers, Marks, Teahupo'o, Ethan Ewing, Robinson, Medina, pip Medina, Carissa Moore, Joao Chianca, Griffin Colapinto, John John Florence, Leonardo Fioravante, Kanoa Igarashi, Jordy Smith, Matthew McGillivray, Moore, Tyler Wright, Molly Picklum, Tatiana Weston, Johanne Defay, Brisa Hennessy, Teresa Bonvalot, Jamie Freed Organizations: Tahiti Pro, Wednesday, Paris Olympics, Olympic, Brazil Olympic, Team USA, Lower, MEN Filipe Toledo, Lincoln, Thomson Locations: California, Western Australia, Lower Trestles, San Clemente, Brazil, USA, Australia, Italy, Japan, South Africa, Webb, France, Costa Rica, Portugal, CALIFORNIA, Toledo, Hawaii, Sydney
The rioters were demanding that the two accused men, who had fled their homes, be handed over to them. The troops have cordoned off the Christian colony, blocking all entry and exit points with barbed wire, according to a Reuters TV cameraman. Hundreds of Christians took refuge in a nearby district, a community leader Akmal Bhatti told Reuters, adding that four pastors had returned to the churches, which were still smouldering. "It is the government's responsibility to compensate for the loss of property of the Christian community," he told reporters, adding the government was estimating the losses. The United States was "deeply concerned that churches and homes were targeted," State Department Deputy Spokesperson Vedant Patel said on Wednesday.
Persons: Christian, Akmal Bhatti, Bhatti, Mohsi Naqvi, Vedant Patel, Asif Shahzad, Raju Gopalakrishnan, Simon Cameron, Moore, Alexandra Hudson Organizations: Police, Reuters, Amnesty, State Department, Alexandra Hudson Our, Thomson Locations: LAHORE, Pakistan, Jaranwala, Faisalabad, United States, Islamabad
MLB roundup: Cubs earn walk-off win over White Sox
  + stars: | 2023-08-17 | by ( ) www.reuters.com   time to read: +10 min
The Cubs managed just three hits over seven innings and struck out seven times against White Sox starter Mike Clevinger. Rangers starter Jon Gray (8-6) gave up six hits and one run in seven innings. Nationals 6, Red Sox 2Keibert Ruiz broke a tie with a three-run homer in the eighth inning as Washington beat visiting Boston. Mariners starter Luis Castillo (9-7) surrendered four runs on nine hits in seven innings. Padres starter Blake Snell (10-8) gave up two runs on three hits and two walks with five strikeouts in six innings.
Persons: Christopher Morel, Kamil Krzaczynski, Mike Clevinger, Nick Madrigal, Aaron Bummer, Gregory Santos, Cody Bellinger, Dansby Swanson, Morel, Drew Smyly, Gavin Sheets, Reid Detmers, Marcus Semien's, Detmers, Shohei Ohtani, Matt Thaiss, Jon Gray, Christian Walker, Kyle Lewis, Corbin Carroll, Walker, Tommy Pham, Tyler Kinley, Kyle Nelson, Paul Sewald, Ryan McMahon, Nolan Jones, Ezequiel Tovar, Clayton Kershaw, Miguel Rojas, Chris Taylor, Mookie Betts, Freddie Freeman, Will Smith, Betts, Kershaw, Mark Canha, Wade Miley, DJ Stewart, Francisco Lindor's, Pete Alonso, Tylor, Bryan Reynolds, Alika Williams, Johan Oviedo, Spencer Torkelson, Riley Greene, Tyler Holton, Jorge Polanco, Max Kepler, Edouard Julien, Royce Lewis, Aaron Civale, Luke Raley, Josh Lowe, Brandon Lowe, Ross Stripling, Ryan Walker, Keibert Ruiz, Stone Garrett, Jose A, Ferrer, Boston's Pablo Reyes, Jordan Weems, Garrett Whitlock, Charlie Morton, Morton, Randy Vasquez, Julio Rodriguez, Maikel Garcia, Seattle's Dylan Moore, Garcia couldn't, Moore, Teoscar, Dylan Coleman, Luis Castillo, Garcia, Alex Bregman, Kyle Tucker, Chas McCormick, Tucker, Justin Verlander, Verlander, Jake Burger, Paul Blackburn, Louis . Blackburn, Austin Pruitt, Zack Gelof, Jordan Diaz, Gelof, Diaz, Matt McLain, TJ Friedl, Andrew Abbott, Bryce Harper, Jake Cave, Cave, Daulton Varsho, Fernando Tatis Jr, Blake Snell, Josh Hader, Ryan Mountcastle, Dean Kremer Organizations: Chicago Cubs, Chicago White Sox, Wrigley, Cubs, White Sox, Rangers, Diamondbacks, Rockies, Arizona, Colorado, Dodgers, Brewers, Milwaukee, National League Central, NL West, Mets, Pirates, New, Pittsburgh, Tigers, Twins, Detroit, Minnesota, Giants, Tampa Bay, Rays, Cleveland Guardians, Bay ., Nationals, Red Sox, Washington, Boston, Braves, Yankees, The Braves, Mariners, Royals, Seattle, Kansas City, Astros, Marlins, Houston, Miami, Athletics, Cardinals, Oakland, Reds, Cincinnati, Cleveland, Phillies, Blue Jays, Philadelphia, Toronto, Padres, Orioles, Baltimore, Thomson Locations: Chicago , Illinois, USA, Los Angeles, Arlington , Texas, Texas, Denver, New York, Minneapolis, Francisco, Atlanta, York, Kansas, Diego
A lawsuit claims Rudy Giuliani was paid $300,000 while pitching investors on an anti-Biden film. Giuliani allegedly said it would be a "kill shot" that would sink Joe Biden's campaign. By then, Giuliani was hard at work trying to dig up election-year dirt on Joe Biden in his capacity as President Trump's personal attorney. Giuliani, the lawsuit alleges, asked for the farmers' help finance efforts to make sure Trump was elected to a second term. The aborted Giuliani film project also forms part of a whistleblower disclosure from Johnathan Buma, an FBI special agent whose allegations were first reported by Insider.
Persons: Rudy Giuliani, Biden, Giuliani, Joe Biden's, Joe Biden, Hunter, Baldev, Kewel Munger, Tim Yale, Trump, George Dickson III, Hunter Biden, Dickson, Michael Moore's, Noelle Dunphy, John Doe, Mother Jones, Munger, Johnathan Buma, Bob Hawk Organizations: Service, Republican, Yale, Republicans, FBI, Munger Bros Locations: Wall, Silicon, Ukraine, California, New York City, Munger, Georgia, Washington
[1/43] Aug 16, 2023; Kansas City, Missouri, USA; Seattle Mariners manager Scott Servais (9) watches batting practice against the Kansas City Royals prior to a game at Kauffman Stadium. Mandatory Credit: Denny Medley-USA TODAY Sports Acquire Licensing RightsAugust 17 - Julio Rodriguez collected four hits and the Seattle Mariners took advantage of a rare error by Maikel Garcia to slide past the host Kansas City Royals 6-5 on Wednesday. The play was challenged by Kansas City but allowed to stand. Kansas City responded with single tallies in both the second and third, cutting the deficit to 4-3. The Mariners got their second win in a row and will look to take the four-game series on Thursday afternoon.
Persons: Scott Servais, Denny, Julio Rodriguez, Maikel Garcia, Seattle's Dylan Moore, Garcia couldn't, Moore, Teoscar, Dylan Coleman, Luis Castillo, James McArthur, Cal Raleigh's, Garcia, Michael Massey's, Rodriguez, Drew Waters, Kyle Isbel's, Melendez's, Salvador Perez, Melendez, Matt Beaty, Waters, Nelson Velazquez's, Alec Marsh, Velazquez, Matt Brash Organizations: Seattle Mariners, Kansas City Royals, Kauffman, Kansas City, Mariners, Royals, Cal, Seattle, Thomson Locations: Kansas City , Missouri, USA, Seattle
Why it matters: “For most of the last two decades, China’s economic growth has been a major driver of the global economy,” said Alex Etra, a strategist at data analytics firm Exante. That means that if China’s economy slows down, global economic growth slows down. ExxonMobil (XOM) may not be doing too much business with China, said Etra, but if Chinese growth slows, that means oil prices go down. Earlier this year, Bank of America compiled a list of the S&P 500 companies with the highest exposure to China. The grand total of all the private wealth in the world fell 2.4% to $454.4 trillion last year, according to the annual Credit Suisse and UBS global wealth report.
Persons: Joe Biden, BlackRock, , Alex Etra, Michael Burry’s, Allison Morrow, That’s, Jason Hart, Winn, ” Hart, , Ramishah Maruf Organizations: CNN Business, Bell, New York CNN, country’s National Bureau of Statistics, ExxonMobil, Apple, Intel, Starbucks, Nike, Bank of America, Las, Qualcomm, Nvidia, Wynn Resorts, WYNN, MGM Resorts, MGM, Funds, PitchBook, Michael Burry’s Scion Asset Management, Moore Capital Management, D1 Capital, Tiger Global, Securities, Exchange, Credit Suisse, UBS, Millionaires, Aldi, Dixie, Winn, CNN Locations: New York, Beijing, China, Ukraine, United States, Aldi, Winn
And markets widely expect the PBOC to loosen monetary policy further. But the divergent monetary policy paths between the world's two largest economies widened the yield gap to 164 basis points between China's benchmark 10-year government bonds and U.S Treasuries s - the highest since February 2007. "More broadly, recent economic data releases in China have been disappointing, while those in the U.S. have surprised to the upside." The widening yield gap reduced foreign appetite in China's onshore yuan bonds, with latest official data showing overseas investors' holding declined in July. But the expectations for further monetary easing and capital outflow risks has pressure on the Chinese yuan to depreciate further.
Persons: Janet Yellen, Mark Schiefelbein, David Chao, Eugenia Victorino, SEB, Winni Zhou, Tom Westbrook, Simon Cameron, Moore Organizations: Rights, People's Bank of China, Asia, Thomson Locations: United States, Diaoyutai, Beijing, China, Rights SHANGHAI, SINGAPORE, Invesco, U.S, Asia
If the proposed trial date is accepted, Trump will begin his trial in the Georgia case when the Republican presidential nominating process is well underway. Several states will already have held their nominating contests, including the traditional early states of Iowa, New Hampshire, Nevada and South Carolina. Super Tuesday, when voters in more than a dozen states, including California and Texas, will go to the polls, takes place on March 5, 2024. The filing indicates Willis is seeking to quickly initiate the process of sharing discovery with all 19 defendants and wants to keep her word to hold a trial within six months. The proposed schedule may be difficult, said Michael J. Moore, a former US attorney for the Middle District of Georgia.
Persons: Fani Willis, Donald Trump, Willis, Trump, Michael J, Moore, , ” Moore, ” “ Organizations: CNN, Republican, arraignments, Middle, Middle District of, Prosecutors Locations: Fulton County, Georgia, Iowa , New Hampshire , Nevada, South Carolina, California, Texas, Middle District, Middle District of Georgia
But a key factor behind the yen's weakness is unchanged, namely the yawning yield gap with the United States. Yet currency traders remain nervous about provoking intervention, as the yen entered the same zone that triggered heavy dollar selling by Japanese authorities in September and October of last year. For now, traders are testing the waters by selling the yen against sterling and the Swiss franc, mindful that selling against the dollar could gather momentum quickly. From a purely macroeconomic perspective, Kichikawa said, officials have no imperative to prevent yen weakness before 150, which is consistent with the mild inflationary pressure that the BOJ aims to foster. The bond market, which precipitated the yen's slide, may ultimately give Japan's authorities reason to hold off on pressing the intervention button.
Persons: Shunichi Suzuki, Suzuki, Aaron Hurd, Masayuki Kichikawa, Brent, Kichikawa, Shinichiro Kadota, Kevin Buckland, Saqib Iqbal Ahmed, Simon Cameron, Moore Organizations: Bank of Japan, Finance, State Street Global Advisors, Swiss, Brent, Sumitomo Mitsui DS Asset Management, Treasury, Barclays, Thomson Locations: TOKYO, United States, Tokyo, Boston, Japan
"Wage growth has been stuck at 0.8% q/q for the past three quarters – a somewhat surprisingly slow pace given the very low level of the unemployment rate," said Sean Langcake, head of macroeconomic forecasting for Oxford Economics Australia. Despite higher interest rates, Australia's jobless rate is hovering near 50-year low of 3.5% and the economy is adding more jobs than expected. The RBA now sees a credible path where inflation could be restrained with interest rates at their current level, minutes showed on Tuesday. The path involves annual wage growth peaking at 4.1% by the end of the year before easing back to 3.6% by end-2025, according to the bank's latest forecasts. The ABS data showed wages in the public sector picked up to an annual rise of 3.1% while growth in private sector wages increased 3.8%.
Persons: David Gray, Sean Langcake, Andrew Boak, Goldman Sachs, Stella Qiu, Kim Coghill, Sonali Paul, Simon Cameron, Moore Organizations: REUTERS, Reserve Bank of Australia, Australian Bureau, Statistics, Oxford Economics, Thomson Locations: Newcastle, Sydney, Australia, SYDNEY, Oxford Economics Australia
The rights of Indigenous peoples was one of the social causes FIFA chose to highlight at this year’s World Cup. He and the other members of Indigenous Football Australia, a council that supports his initiative, John Moriarty Football, have called for meaningful support of Indigenous-led grass-roots programs from soccer’s Australian and global governing bodies. John Moriarty Football says it has received less than 20,000 Australian dollars, or about $13,000, from its country’s soccer governing body, Football Australia, since Moriarty launched the program in 2012. “If it wasn’t for programs like JMF, the pathways for children in Tennant Creek to get to elite football, let alone a World Cup tournament, would be nonexistent — an impossible dream,” Moriarty wrote in an email. Courtney Fewquandie, a Butchulla and Gubbi Gubbi woman who serves as Football Australia’s general manager of First Nations, said the advisory group has agreed to a meeting with Indigenous Football Australia after the World Cup that she hopes will be “the first step to moving forward together.”
Persons: Moriarty, John Moriarty, John Moriarty Football, ” Moriarty, Kyah Simon, Courtney Fewquandie, Gubbi, Organizations: FIFA, Australian, Indigenous Football Australia, John Moriarty Football, soccer’s, Football Australia, ” Football Australia, Indigenous Advisory Group, Australia, Nations, Football Australia’s, First Locations: Australia, New Zealand, Tennant, New South Wales
CNN —Halle Berry channeled her inner Barbie for her 57th birthday. “My mini me (but not so mini anymore) and my VanO took me to the World of Barbie for my B-day!” Berry wrote. And….I highly recommend it,” Berry captioned a post of several photos of her birthday outing. Lena Waithe wrote, “Happy birthday! Love you.”Berry shares Nahla with her model Gabriel Aubry.
Persons: Halle Berry, Barbie, Van Hunt, Nahla, ” Berry, , Berry’s, Julianne Moore, Philip Bloch, Berry, Lena Waithe, Gabriel Aubry, Maceo, Olivier Martinez, David Justice, Eric Benet Organizations: CNN Locations: Santa Monica, Calif
[1/5] A view shows a building damaged during a Russian missile strike, amid Russia's attack on Ukraine, in Lviv, Ukraine August 15, 2023. The Volyn region borders NATO-member Poland to its west. Ukraine's Air Force said that its forces had destroyed 16 of at least 28 Russia-launched air and sea-based missiles. Until July, the Lviv region which is far from the front lines and which borders Poland to its west, had been spared most Russia's air attacks. Air raid alerts were issued for entire Ukraine for about two hours, staring at around 2 a.m. (2300 GMT).
Persons: Administration Maksym, Yuriy Pohulyaiko, Andriy Sadovyi, Sadovyi, Maxim Kozitsky, Serhiy Lisak, Lidia Kelly, Maria Tsvetkova, Kim Coghill, Simon Cameron, Moore Organizations: Lviv Regional, Administration, REUTERS, NATO, Air Force, Lviv region's, Reuters, Thomson Locations: Russian, Ukraine, Lviv, Handout, Russia, Volyn, Lutsk, Poland, Dnipropetrovsk, Warsaw, New York
SINGAPORE, Aug 15 (Reuters) - Singapore's central bank released a regulatory framework on Tuesday intended to bolster the stability of single-currency stablecoins. The framework will apply to non-bank issuers of single-currency stablecoins pegged to the Singapore Dollar or any G10 currencies where their circulation exceeds S$5 million, said the Monetary Authority of Singapore (MAS). The central bank has to hold legislative consultations before Parliament passes amendments that would bring the framework into force. Single-currency stablecoins are a type of cryptocurrency pegged to a traditional asset like national currencies. The reserve assets must be at least at 100% of the outstanding single-currency stablecoins that are in circulation.
Persons: Xinghui Kok, Simon Cameron, Moore Organizations: Singapore, Monetary Authority of Singapore, MAS, UST, U.S . House Financial Services, Thomson Locations: SINGAPORE, Singapore, U.S
MLB roundup: Max Scherzer, Rangers shut out Angels
  + stars: | 2023-08-15 | by ( ) www.reuters.com   time to read: +6 min
[1/5] Aug 14, 2023; Arlington, Texas, USA; Texas Rangers starting pitcher Max Scherzer (31) pitches against the Los Angeles Angels in the fifth inning at Globe Life Field. Mandatory Credit: Tim Heitman-USA TODAY Sports/File photoAugust 15 - Max Scherzer allowed one hit over seven shutout innings as the Texas Rangers blanked the visiting Los Angeles Angels 12-0 on Monday night to open a three-game series. Marcus Semien hit a three-run homer and drove in five runs for the Rangers, who have won 11 of 13. Marlins 5, Astros 1Jorge Soler, Luis Arraez and Josh Bell hit home runs in consecutive eighth-inning at-bats as host Miami defeated Houston. Quinn Priester (2-2) gave up six runs on seven hits in five innings.
Persons: Max Scherzer, Tim Heitman, Marcus Semien, Adolis Garcia, Martinez, Patrick Sandoval, Dylan, Samad Taylor, Salvador Perez, Taylor, Julio Rodriguez, Brady Singer, Dominic Canzone, Singer, Jorge Soler, Luis Arraez, Josh Bell, Braxton Garrett, Framber Valdez, Grayson Rodriguez, Rodriguez, Gunnar Henderson, Ryan O'Hearn, Xander Bogaerts, Garrett Cooper, Ezequiel Tovar, Elehuris Montero, Matt Koch, Justin Lawrence, Christian Walker, Merrill Kelly, Kelly, Harold Ramirez, Curtis Mead, Christian Bethancourt, Tyler Glasnow, Yandy Diaz, Randy Arozarena, Jose Siri, Jacob Lopez, Tristan Beck, Daniel Vogelbach, Jonathan Arauz, Brandon Nimmo, Tyson Miller, Henry Davis, Ke'Bryan Hayes, Quinn Priester, Nicky Lopez, Lopez, Ozzie Albies, Albies, Jordan Walker's, Louis, Paul Goldschmidt, Esteury Ruiz, Seth Brown, Angel Felipe, JoJo Romero Organizations: Texas Rangers, Los Angeles Angels, Life, New York Mets, Rangers, Angels, Royals, Mariners, Kansas City, Seattle, Marlins, Astros, Miami, Houston, Orioles, Padres, Baltimore, Diamondbacks, Arizona, Rockies, Rays, Giants, Tampa Bay, San, Mets, Pirates, Pittsburgh, Braves, Yankees, Atlanta, Cardinals, Athletics, Oakland, Thomson Locations: Arlington , Texas, USA, Texas, Kansas, Seattle, San Diego, Colorado, Denver, San Francisco, New York
US hedge funds stampede out of China in Q2
  + stars: | 2023-08-14 | by ( Carolina Mandl | ) www.reuters.com   time to read: +2 min
The hedge fund slashed its position in Alibaba by roughly 90% from March to June, filings showed. D1 Capital Partners also dumped all its 1.7 million shares - or $176.8 million - in Alibaba, according to documents. Louis Bacon's Moore Capital Management sold over $200 million in shares of Alibaba, exiting its position in the company. Amid those uncertainties, China-focused mutual funds also suffered a net outflow of $674 million in the second quarter. At the end of July, hedge funds' exposure to China was well below five-year averages, Goldman Sachs showed.
Persons: Lucas Jackson, Philippe Laffont, Li Auto, Louis Bacon's, Michael Burry's, Joe Biden, Goldman Sachs, Carolina Mandl, Alison Williams, Cynthia Osterman Organizations: New York Stock Exchange, REUTERS, YORK, D1 Capital, Tiger Global, HK, Coatue Management, Tiger Management, Baidu, KE Holdings, PDD Holdings, D1 Capital Partners, Louis Bacon's Moore Capital Management, Alibaba, Michael Burry's Scion Asset Management, Thomson Locations: New York, U.S, JD.com, Kanzhun, Alibaba, China
Despite the recent sell-off, Morgan Stanley remains confident in Nvidia in the long run. Analyst Joseph Moore reiterated his $500 price target on the chipmaker, implying the stock stands to gain 22.4% from Friday's price. The firm expects a "healthy upside" to Nvidia's revenue, Moore said, adding that the company's guidance for $4 billion last quarter was the largest single increase in one quarter in semiconductor history. Moore anticipates $500 million to $1 billion of revenue upside to guidance for the July quarter, bringing quarterly revenue between $11.5 billion and $12 billion. Nvidia recently surged past a $1 trillion market cap, making it the fifth-most valuable U.S. company.
Persons: Morgan Stanley, Joseph Moore, Moore, ChatGPT —, — CNBC's Michael Bloom Organizations: Nvidia Locations: U.S
Worker dies in Everton stadium accident
  + stars: | 2023-08-14 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Soccer Football - Premier League - Everton v Leicester City - Goodison Park, Liverpool, Britain - November 5, 2022 General view inside the stadium before the match Action Images via Reuters/Jason Cairnduff/File PhotoAug 14 (Reuters) - A man has died in an accident while working on the new Everton stadium site at Bramley-Moore Dock in Liverpool, the Premier League club announced on Monday. The Liverpool Echo said a 26-year-old man sustained head injuries in an incident involving "heavy machinery." "We are shocked and saddened by today's tragic incident and our thoughts are with the family and friends of the deceased man and our wider project team," Everton added. Everton said an investigation had been launched with the relevant authorities by the contractor to establish the full details of the incident. Reporting by Tommy Lund in Gdansk; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
Persons: Jason Cairnduff, Everton, Tommy Lund, Ken Ferris Organizations: Soccer Football, Premier League, Everton, Leicester City, Liverpool Echo, Thomson Locations: Goodison, Liverpool, Britain, Bramley, Gdansk
Warren Buffett's Berkshire Hathaway bought shares of a few homebuilders in the last quarter, a new regulatory filing revealed. Horton shares, $70 million worth of NVR shares as well as $17.2 million worth of Lennar in the second quarter, the filing showed. These stakes are relatively small for Berkshire, whose equity portfolio is worth nearly $350 billion. Top holdings Berkshire shares just hit a record high last week on the back of strong second-quarter results. Also during the second quarter, Berkshire added to its relatively new stake in Capital One Financial , bringing it to nearly $1.4 billion.
Persons: Warren, Berkshire Hathaway, Horton, Todd Combs, Ted Weschler, Benjamin Moore Organizations: Berkshire, Clayton Homes, Apple, American Express, Bank of America, Capital, General Motors, Chevrolet, GMC Locations: Omaha, Berkshire, McLean , Virginia
Aug 14 (Reuters) - Floods in Russia's Far East had forced the evacuation of more than 2,500 people by Monday, the ministry of emergency situations said, after Russia joined the list of countries battered by rainstorms in the wake of Typhoon Khanun. Russian Emergencies Ministry/Handout via REUTERS/File photoIn the Russian Far East, 28 settlements were cut off by Monday. Large stretches of roads and 4,620 houses were flooded in 15 municipalities, the ministry said on the Telegram channel. The ministry said floodwaters had begun to recede in most parts of Primorye, and the worst flooding was on the Malinovka river near the village of Rakitnoye. Reporting by Lidia Kelly in Warsaw; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.
Persons: Khanun, Lidia Kelly, Simon Cameron, Moore Organizations: Russian Emergencies Ministry, REUTERS, Telegram, Thomson Locations: Russia's Far, Russia, Japan, China, Liaoning, Ussuriysk, Russian, Vladivostok, Primorye, Rakitnoye, Warsaw
Berkshire Hathaway logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. Berkshire said that as of June 30, it owned about 5.97 million DR Horton shares worth $726.4 million, about 153,000 Lennar shares worth $17.2 million, and 11,112 NVR shares worth $70.6 million. Larger investments are usually Buffett's, and investors often try to piggyback on Berkshire's moves, reflecting Buffett's reputation as an investor. The selling included 45% of Berkshire's stake in General Motors (GM.N), whose shares fell 1% after hours. Its largest stock holding by far remained its $177.6 billion stake in Apple (AAPL.O).
Persons: Brendan McDermid, Berkshire Hathaway, Warren Buffett, Benjamin Moore, Berkshire, Todd Combs, Ted Weschler, Jonathan Stempel, Lewis Krauskopf, Marguerita Choy, Matthew Lewis Organizations: Berkshire Hathaway, New York Stock Exchange, REUTERS, Berkshire, Clayton Homes, DR Horton, DR, BNSF, General Motors, Apple, Capital, Globe, Marsh & McLennan, Vitesse Energy, Thomson Locations: Berkshire, New York City, U.S, Manville, Marsh, New York
Fire at Russian gas station kills 27, injures 66
  + stars: | 2023-08-14 | by ( ) www.reuters.com   time to read: +1 min
Aug 15 (Reuters) - A fire at a gas station in the southern Russian region of Dagestan killed at least 27 people including three children, Interfax news agency reported early on Tuesday citing regional emergency medics. The fire started at an auto repair shop on the roadside of a highway in Dagestani capital Makhachkala on Monday night and caused blasts as it spread to a nearby gas station, officials said. Rescuers work to put out a fire at the accident scene following an explosion at a gas station in the city of Makhachkala, Russia, August 14, 2023. At least 66 people were injured, of whom 10 were in a critical condition, Russian deputy health minister Vladimir Fisenko said giving an update on casualties, RIA news agency reported. Thirteen of the wounded were children, Interfax reported citing the Dagestani health ministry.
Persons: Vladimir Fisenko, Maria Tsvetkova, Maxim Rodionov, Chris Reese, Muralikumar Anantharaman, Simon Cameron, Moore Organizations: Reuters, Russian Emergencies Ministry, TASS, Thomson Locations: Russian, Dagestan, Dagestani, Makhachkala, Russia, Republic of Dagestan, Handout
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