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☆ CEOs condemn Hamas attacks and express support for Israel in messages to employees
▼ + stars: | 2023-10-13 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

CEOs are condemning Hamas and expressing support for Israel in messages to employees. Microsoft CEO Satya Nadella and Google boss Sundar Pichai have publicly condemned the attacks on social media and issued statements to employees. "Heartbroken by the horrific terrorist attacks on Israel and the escalating conflict," Nadella said in a post on X. "Google has two offices and more than 2,000 employees in Israel, and it's unimaginable what they are experiencing right now." "We stand with our employees, their families and the people of Israel during this time of great suffering and loss."

Persons: Satya Nadella, Sundar Pichai, JPMorgan Chase, Jamie Dimon, —, Nadella, Kathleen Hogan, Hogan, Google's Pichai, 9to5Google, Dimon Organizations: Israel, Microsoft, JPMorgan, Service, Google, JPMorgan Chase, Street Journal, CNN Locations: Israel

☆ The giant sucking sound you hear is the gobs of capital being pulled away from emerging managers. Here's how one solo capitalist defied the slump.
▼ + stars: | 2023-10-12 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

Those who raised their first venture capital funds in the pandemic-era boom times are now struggling with their sophomore efforts. Despite the tailwinds, some emerging managers are defying the slump and raising new funds. He told Insider exclusively that he's now closed on $15 million for fund two from investors including Cendana Capital, Invesco Private Capital, and two dozen startup founders. And so in 2019, he reached into his network of founders and raised a $2 million fund to invest in software companies. Now, he's already gearing up for fund three, which Wan said he plans to launch in 2024.

Persons: Insider's Callum Burroughs, Jordan Wan, Wan, Zocdoc, Oliver Kharraz, it's, Alan Ni, Jake Cooper, Manoj Kanagaraj, Blackstone, Cooper didn't, Cooper, they've, Wolf Organizations: Sequoia, Partners, Cendana, Invesco, Capital, Oscar Insurance, Garner Health Locations: London, Denver , Colorado, Wan

That's why I'm spending Prime Day looking out for the gaming deals that are actually worth your money. I've been scouring Amazon Prime Big Deal Day's kitchen section to find Prime Day deals on kitchen items. Displays can vary a lot in performance, so figuring out which Prime Day deals on TVs are worth your money can be tricky. Some of the best Prime Day deals on printers include the Brother MFC-J1010DW, a budget multi-function unit that's less than $80. I'm also loving the Prime Day deals on Rivet furniture (read our Rivet review), including 15% off a leather sectional.

Persons: we've, I've, Zelda, I'm, — William Antonelli, that's, — Gabrielle Chase, Lily Alig, — Steven Cohen, Apple, There's, — John Lynch, Amazon Steven Cohen, James, — James Brains, Sam Crozier, — Sally Kaplan, Lash, haircare, — Kevin Webb, Les Shu, — Lauren Savoie, Anker, soundbar, wimpy, — Lisa Sabatini, Amazon Emma Kershaw, Sarah Saril, Rick Stella Organizations: Amazon Amazon, Hispanic Heritage, Amazon Antonio, Boas, Buyers, Sony WH, Amazon Apple, Apple Watches, Amazon, Samsung, Amazon The, Casper, Samsung's, Facebook, Amazon Dyson, Deal, Nvidia, Gaming, MFC, HP, Samsung Watch, Garmin, Apple, Amazon Amazon Prime, Kindle Locations: Western

Those are just a few of the takeaways in a new book, “this is so awkward,” aptly lowercased and titled to break down all things puberty for today's parents. The book, out this week from Rodale, is written by pediatrician Cara Natterson, whose “Care & Keeping of You” series has sold more than 7 million copies, and Vanessa Kroll Bennett, a puberty educator and Natterson's co-host of “The Puberty Podcast." AP: One of the things that really struck me about the book is the often inconclusive state of science on puberty, leaving parents to suss out the truth for themselves. So issues of sleep, issues of self-esteem, issues of body image. This is a perfect opportunity for a do-over because controlling our kids' social media feels so big and it feels so hard.

Persons: Cara Natterson, Vanessa Kroll Bennett, Natterson's, Natterson, Kroll Bennett, KROLL BENNETT, That’s, hookup, don’t, they’ve, It's, We're, Vanessa, Let’s, You’re, It’s Organizations: Rodale, Technology

☆ Flexport will lay off 20% of the company starting Friday, leaked memo says
▼ + stars: | 2023-10-12 | by ( Madeline Stone | ) www.businessinsider.com time to read: +6 min

Insider first reported on September 7 that Flexport was planning layoffs , the day after its former CEO Dave Clark departed. Team,Today I have a difficult decision to share: We will reduce the size of our global team by approximately 20% with the process starting tomorrow, Friday, October 13. We will also maintain a small team of dedicated recruiters to help departing Flexport employees look for their next opportunity. This team will work closely with over 300 companies that have expressed an interest in hiring departing Flexporters to match opportunities with impacted employees. We see endless opportunities for technology to improve on-time performance and reliability, upgrade compliance processes, and save businesses money in their global supply chain.

Persons: Flexporters, Flexport, Dave Clark, Petersen, You'll, we'll, Ryan Organizations: Street, Team, People, Employees Locations: U.S, Canada, Europe, Africa, Asia

CHICAGO (AP) — The Chicago Sky announced they have hired Naismith Hall of Famer Teresa Weatherspoon as the team's coach on Thursday, two days after her agent confirmed she agreed to take the job. “I’m excited to be a part of the Chicago Sky Family,” Weatherspoon said in a statement. Chicago announced at the end of the season, after it was eliminated from the playoffs by the Las Vegas Aces, that interim coach Emre Vatanseyer wouldn’t return. New York is back there now for the first time since then and trails Las Vegas 1-0. Half of the WNBA’s coaches are now former players, including both finals coaches, Las Vegas’ Becky Hammon and New York’s Sandy Brondello.

Persons: Naismith, Naismith Hall of Famer Teresa Weatherspoon, “, ” Weatherspoon, James Wade, Emre Vatanseyer wouldn’t, Wade, Vatanseyer, Teresa, Nadia Rawlinson, Weatherspoon, Becky Hammon, Sandy Brondello Organizations: CHICAGO, Chicago Sky, Naismith Hall of Famer, NBA’s Toronto Raptors, Chicago, Las Vegas Aces, GM, WNBA, NBA’s New Orleans Pelicans, New York Liberty, Liberty, mater Louisiana Tech, Phoenix Mercury Locations: Chicago, . New York, Las

A pipe for transporting carbon dioxide to removal equipment is shown at the Tomakomai carbon, capture and storage (CCS) test site in Tomakomai, Hokkaido prefecture, Japan March 22, 2018. Japan aims to cut total carbon emissions by 46% by 2030 from 2013 levels, and has pledged to become carbon neutral by 2050. In Japan, those difficulties are made worse by the already-strained state of the national power system due to the sharp drop in nuclear power generation since the 2011 Fukushima disaster. Over the longer term, Japan is also targeting increases in wind power generation, especially from offshore sites. Electric vehicle sales are accelerating in Japan, but remain a tiny proportion of Japan's total car fleetHowever, EVs represented just 3% of total car sales last year, and account for less than 1% of Japan's total car stock.

Persons: Aaron Sheldrick, EVs, Gavin Maguire, Diane Craft Organizations: REUTERS, Energy Institute, Japan, International Energy Agency, IEA, Reuters, Thomson Locations: Tomakomai, Hokkaido prefecture, Japan, LITTLETON , Colorado, India, China, United States, Europe

And after sifting through tons of discounts, we're here with all of the best Prime Day deals on products we love. I've been scouring Amazon Prime Big Deal Day's kitchen section to find Prime Day deals on kitchen items. Displays can vary a lot in performance, so figuring out which Prime Day deals on TVs are worth your money can be tricky. I'm also loving the Prime Day deals on Rivet furniture (read our Rivet review), including 15% off a leather sectional. Be sure to check out our best Prime Day pets deals guide for all our top picks.

Persons: I'm, Lily Alig, I've, — Steven Cohen, Pei, — Samantha Crozier, we've, James, — James Brains, — William Antonelli, Sam Crozier, — Sally Kaplan, Rick Stella, — Lauren Savoie, Zelda, Anker, wimpy Organizations: Amazon Apple, Buyers, Sony WH, Amazon Amazon, Manhattan, Samsung, Amazon The, Casper, Amazon, Amazon Dyson, Amazon Amazon Prime, Garmin, Kindle, Apple Locations: Amazon's

Brazil boosted clean electricity generation capacity by more than 35% from 2017 to 2022Solar power accounted for 6.8% of Brazil's electricity generation in 2023, up from about 4.2% in 2022, according to Ember. But overall power generation in key European economies such as Germany remains well below peaks seen around 2018-19, as power generators face shortages of key power fuels such as natural gas in the wake of Russia's invasion of Ukraine. In turn, restricted power output has kept energy costs elevated above long-term averages, which curbed consumption from energy-intensive industries and hobbled overall economic growth. The fact that Brazil's power sector has managed to overcome those challenges to create a world-leading clean power sector may offer counterparts in other regions clues on how to maintain growth rates. Brazil's new position as the cleanest major power sector may also help challenge assumptions that clean power expertise is concentrated in wealthier economies, and may widen the perspective of power sector developers who are trying to map out energy system expansion plans over coming years.

Persons: Sao Jose da Barra, Paulo Whitaker, Ember, Gavin Maguire, Robert Birsel Organizations: REUTERS, HYDRO, National Electric Energy Agency, Reuters, Thomson Locations: Furnas, Sao Jose, Minas Gerais, Central Brazil, BRAZIL, LITTLETON , Colorado, Brazil, France, Argentina, America, Europe, Germany, Ukraine, Asia

☆ Walgreens Boots Alliance names Tim Wentworth new CEO
▼ + stars: | 2023-10-11 | by ( Rob Mclean | ) edition.cnn.com time to read: +1 min

New York CNN —Walgreens Boots Alliance said Tuesday that it has named Tim Wentworth its new CEO. Wentworth will begin the position on October 23, according to a news release, and will also join the WBA board of directors. We are confident he is the right person to lead WBA’s next phase of growth into a customer-centric healthcare company.”In September, former WBA CEO Rosalind Brewer stepped down less than three years after taking the helm of the pharmacy chain. Brewer also immediately stepped down as a member of the company’s board. Walgreens’ board named Ginger Graham, a member of the board, as interim CEO.

Persons: Tim Wentworth, Wentworth, “, ” Wentworth, Evernorth, Stefano Pessina, Wentworth “, Rosalind Brewer, Brewer, Ginger Graham Organizations: New, New York CNN, Walgreens Boots Alliance, WBA, Board, Express, Human, ”, Fortune, Walgreens Locations: New York

☆ China wants to be a peace broker in the Middle East. How has it responded to the Israel-Gaza war?
▼ + stars: | 2023-10-11 | by ( Nectar Gan | ) edition.cnn.com time to read: +10 min

Experts say this initial response may expose Beijing’s limited influence in the region, despite official propaganda talking up China as the world’s new peacemaker. Yuval Waks, a senior official at the Israeli Embassy in Beijing, said his country expected a “stronger condemnation” of Hamas from China. State media coverageDespite its claims of neutrality, coverage of the conflict on China’s state-run television appears more slanted. Chinese state media were also quick to blame the US for the conflict now raging in the heart of the Middle East. “China looks at Israel as an opportunity to get points with the broader Arab world and the rest of the developing world.

Persons: Mahmoud Abbas, Xi Jinping, Jonathan Fulton, they’re, Yuval Waks, ” Waks, Chuck Schumer, Xi, “, ” Schumer, Mao Ning, ”, Zhang Jun, Beijing’s, Phil Cunningham, Israel –, Abbas, –, Israel, ” Fulton, Fulton, Benjamin Netanyahu Organizations: CNN, Hamas, Atlantic Council, China’s, Embassy, Reuters, US, Foreign, United Nation, European Union, Global Times, Communist, USS Ford, US Air Force, UN Security Council, Palestinian, Palestinian Authority, West Bank, ”, Israel, Washington, Israeli Locations: China, Beijing, Israel, Iran, Saudi Arabia, Gaza, Palestinian, Palestine, Abu Dhabi, United States, Europe, Asia, Africa, Latin America, State, ”, Russia, Hamas, Ukraine, Xinjiang, Fulton, Haifa, Iraq, Oman –

☆ OpenAI's 'unreasonable claims' exhaust AI-ethics researchers
▼ + stars: | 2023-10-11 | by ( Monica Melton | ) www.businessinsider.com time to read: +4 min

Ali Alkhatib, an AI-ethics researcher, says large AI systems should not work for everything. Companies make grand claims about what their models can do, but this can cause significant harm. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Researchers are spending more time critiquing artificial-intelligence systems for their grandiose claims and unacknowledged harms. Because inherently, what OpenAI is doing is sort of unreasonable, which is a challenging thing for them to acknowledge or face."

Persons: Ali Alkhatib, —, Alkhatib, They're, OpenAI, ethicists Organizations: Companies, Service, Google, University of San Francisco's Data

☆ Getting hostages out of Gaza is likely a near-impossible task because it's unclear where Hamas is holding them and regions may be covered in traps
▼ + stars: | 2023-10-11 | by ( Amy Teibel | Associated Press | ) www.businessinsider.com time to read: +5 min

Getting hostages out of Gaza could be a difficult task for Israel, hostage experts said. It's unclear where Hamas is holding them and regions may be covered in traps, the experts said. Israel's ongoing counterattack on Gaza could made it even more difficult to reach the hostages. As Israel pummels neighborhood after neighborhood in Gaza, Elbag and his wife have been glued to the television, looking for any sign of her. He said the captives have likely already been dispersed throughout Gaza, and their hiding places and perhaps even the hostages themselves are likely to be laden with traps.

Persons: —, Gershon Baskin, Gilad Schalit, that's, Eli Elbag, Liri, Joe Biden, John Kirby, Biden, Kirby, Bruce Hoffman Organizations: Israel, Service, Hamas, Palestinian, International Committee, United, National, White, Israel's, Council, Foreign Relations Locations: Gaza, JERUSALEM, Israel, Israel pummels, Elbag, United States

☆ Opinion: The Hamas hostage crisis: How might it be resolved?
▼ + stars: | 2023-10-11 | by ( Peter Bergen | ) edition.cnn.com time to read: +4 min

There are rescue operations, typically by special operations forces. US special operations forces are offering their expertise and support to Israel, but are not part of a ground mission to rescue hostages. In 2010, the Taliban kidnapped British aid worker Linda Norgrove, and US Navy SEAL Team Six launched a rescue operation. Subsequent investigations revealed that Norgrove was killed by a fragmentation grenade thrown by a SEAL team member during the operation. In 2014, during a SEAL Team Six rescue operation in Yemen, American journalist Luke Somers was killed by his al Qaeda captors.

Persons: Peter Bergen, ”, James W, Foley, Gilad Shalit, Linda Norgrove, Norgrove, Luke Somers Organizations: New, Arizona State University, Apple, Spotify, CNN, Peter Bergen CNN Hamas, ISIS, US, US Navy, Team, Six Locations: New America, Gaza, Qatar, Iran, Qatari, Israel, Syria, Yemen, American

Paul-Henri Nargeolet was the director of underwater research for RMS Titanic, Inc, the Georgia-based firm that recovers and exhibits Titanic artifacts. Nargeolet was lending his expertise to a separate company, OceanGate, when he and four others died on the Titan's final dive near the Titanic in June. The former French navy officer had already completed 37 dives and supervised the recovery of about 5,000 Titanic artifacts. A hearing was still scheduled for Friday afternoon in U.S. District Court in Norfolk, Virginia, which oversees Titanic salvage matters. The firm said it “will not recover artifacts at this time, nor conduct other activity that would physically alter or disturb the wreck,” the company wrote Wednesday.

Persons: Paul, Henri Nargeolet, Nargeolet, RMST, “, Jessica Sanders, Henri ‘ P.H, ’ Nargeolet, ” Organizations: U.S ., French, Marconi, U.S . Coast Guard, U.S, Britain Locations: NORFOLK, Va, U.S, Georgia, That's, Southampton, England, New York, Norfolk , Virginia, Britain, Norfolk

☆ Netanyahu Agrees to Form National Unity Government
▼ + stars: | 2023-10-11 | by ( ) www.wsj.com time to read: 1 min

Israeli Prime Minister Benjamin Netanyahu agreed to form a national unity government with members of the opposition, including former generals, to lead the country via a wartime cabinet. It brings together representatives of rival parliamentary groups in a broad coalition, usually at a time of national emergency. Netanyahu had initially wanted those with military expertise in the opposition to join his existing coalition.

Persons: Benjamin Netanyahu, Netanyahu

[1/3] The remains of a rocket fired from the Gaza Strip into Israel lies on a road where it fell in Ashkelon, southern Israel, October 10. An Israeli security source said Deif was directly involved in the planning and operational aspects of the attack. Deif said Hamas had urged the international community to put an end to the "crimes of the occupation", but Israel had stepped up its provocation. He also said Hamas had in the past asked Israel for a humanitarian deal to release Palestinian prisoners, but this was rejected. He was arrested by Israel in 1989 and spent about 16 months in detention, a Hamas source said.

Persons: Amir Cohen, Mohammed Deif, Al, Deif, Israel, Hamas's Al, Yehya Sinwar, Israel's, Ayatollah Ali Khamenei, Ali Baraka, we've, Mohammad Masri, William Maclean, David Clarke Organizations: REUTERS, Brigades, Lebanese, Hezbollah, Tehran, Hamas, West Bank, Islamic University, Thomson Locations: Gaza, Israel, Ashkelon, Al Aqsa, DUBAI, Jerusalem's Al Aqsa, Jerusalem, Iran, Tehran, Washington, Khan

Signage for the Financial Conduct Authority (FCA), the Britain's financial regulatory body, is seen at their head offices in London, Britain March 10, 2022. REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Oct 10 (Reuters) - Britain's financial regulator on Tuesday said it was stopping peer-to-peer platform rebuildingsociety.com from approving financial promotions for Binance and other crypto asset firms, days after Binance announced it had partnered with the company. A Binance spokesperson via email on Tuesday said that the company had invested "an enormous amount of time and resources" in ensuring that it is compliant with the Financial Conduct Authority's rules. "We shared our agreement with Rebuildingsociety.com with the FCA on Oct. 2, almost a full week before the requirements of the updated Financial Promotions Regime came into effect," the Binance spokesperson said. Under the FCA's rules, a firm it has authorised can approve promotions of companies it does not regulate, a system that is being tightened from February by the watchdog.

Persons: Toby Melville, Binance, Elizabeth Howcroft, Huw Jones, Mark Porter Organizations: Financial, Authority, REUTERS, FCA, Rebuildingsociety.com, Thomson Locations: London, Britain, cryptoassets, Leeds, UK

[1/2] A Boeing logo is seen at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 18, 2023. The move comes more than three years after it pulled out of a billion-dollar deal to buy the commercial division of local planemaker Embraer (EMBR3.SA). Boeing sees both firms aligned in the goal of developing Brazil's aerospace ecosystem. Boeing's expansion in the South American nation led two domestic defense and aerospace industry groups to sue the U.S. company for hiring local talent, a move they see harming Brazil's industry. Both groups have Embraer as a member,Boeing defended its move, saying its presence will boost Brazil's aerospace ecosystem.

Persons: Benoit Tessier, DOS CAMPOS, Brendan Nelson, Nelson, Sao Jose dos Campos, We're, Landon Loomis, Gabriel Araujo, David Gregorio Our Organizations: Boeing, Paris, REUTERS, SAO, DOS, Embraer, EMBR3, Reuters, SAF, GOLL4, U.S ., America & Caribbean, Thomson Locations: Le Bourget, Paris, France, Brazil, U.S . Brazil, Sao Jose, Sao Paulo, American, U.S, America

☆ Valerie Rivera, CFP, on how to help more Americans succeed as first generation wealth builders
▼ + stars: | 2023-10-10 | by ( Kiley Lambert | ) www.cnbc.com time to read: +5 min

Rivera recently shared her thoughts and expertise on several topics ahead of the CNBC FA Summit on October 12. Prior to FirstGen Wealth, Rivera previously worked at primarily large wealth-management firms including AllianceBernstein, Merrill Lynch and TIAA, serving clients with $5-10 million of net worth. CNBC: What advice would you give financial advisors who are trying to find more clients among what could be considered traditionally underserved communities? This isn't just about numbers; it's about creating a financial foundation that supports the life you want to live. Rivera: The financial planning space has been this rigid system of serving a specific demographic in a box.

Persons: Rivera, Merrill Lynch, It's, I've, let's Organizations: CNBC, Summit, AllianceBernstein, CNBC's Locations: Latina, TIAA, ShoreBank

In the week ended Oct. 3, money managers slashed their net long position in CBOT soybean futures and options to 5,001 contracts from 30,058 a week earlier. New shorts and exiting longs both played a role, and money managers have not held a net short in beans since April 2020. Money managers extended their sizable net short in CBOT wheat futures and options to 98,788 contracts from 96,384 a week earlier. CBOT corn futures added about 1% late last week, touching $4.99 per bushel on Friday, their highest since Aug. 29. Money managers maintain comfortably bearish CBOT corn views, though they trimmed their net short through Oct. 3 by about 9,200 to 159,433 futures and options contracts.

Persons: ’, Soymeal, Karen Braun Organizations: China, Futures, U.S . Department, Reuters, Thomson Locations: NAPERVILLE , Illinois, Chicago, U.S

☆ Weight-loss drugs fuel boom for firms that fill syringes
▼ + stars: | 2023-10-09 | by ( Maggie Fick | ) www.reuters.com time to read: +6 min

[1/5] Catalent's automated visual inspection systems that check every pre-filled syringe to ensure product integrity are seen, in Brussels, Belgium, 2023. Eli Lilly's (LLY.N) Mounjaro is expected to be approved for weight-loss in the United States this year. The U.S. Inflation Reduction Act is also boosting development of biologic drugs, some of which are injected. Injectables are increasingly used in elderly care settings, and some new Alzheimer's and generic arthritis drugs are administered by injection. One healthcare investor said CDMOs' ability to boost capacity will determine how fast the obesity drug market grows.

Persons: Wegovy, it's, Savant, Morgan Stanley, Eli Lilly's, Mounjaro, Chris Chen, Cornell Stamoran, Fujifilm Diosynth, Germany's Vetter, Lilly, Marc Casper, CDMOs, Luke Sergott, Catalent, Catalent's Stamoran, Maggie Fick, Patrick Wingrove, Josephine Mason, Catherine Evans Organizations: REUTERS Acquire, Pfizer, HK, Fujifilm, Fujifilm Corp, Novo, Reuters, Research, Insight Partners, Barclays, Thomson Locations: Brussels, Belgium, Handout, United States, WuXi, Europe, GLP, Anagni, Italy, Bloomington , Indiana, U.S, New York

☆ Hamas assault on Israel shows surprise still possible in AI era: Peter Apps
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +9 min

The failure of those systems to deliver advanced warning of Saturday's Hamas attack, however, represents a failure of intelligence likely to be studied and discussed for years. “There will have been warning signs,” one former Western intelligence official said on condition of anonymity. In concealing their attack, Hamas will have been helped by conditions of Gaza Strip, where Hamas seized power in 2007 and some 2.3 million people are hemmed in behind a 51-km border. Israel may still fear the Hamas assault from Gaza is a precursor to that. Since the Hamas attack, Russia has reasserted its support for an independent Palestinian state and called for a ceasefire while Israeli officials have criticised China directly for failing to condemn Hamas.

Persons: Robert Bauer, Eyal Zamir, Jacob Dallal, Benjamin Netanyahu’s, –, Israel, Assad, David Barnea, Sergey Lavrov, Mark Heinrich Our Organizations: Hamas, NATO, Israeli Defence Ministry, United, United Arab Emirates, Islamic, U.S, Russian, Thomson, Reuters Locations: Israel, Gaza, U.S, Ukraine, Washington, Taiwan, Iranian, Lebanon, Egypt, Qatar, ” Jerusalem’s Al Aqsa, Saudi Arabia, United Arab, Iran, Tehran, Israel’s, Syria, Islamic State, Russia, China, Turkish, Kurdish, Moscow, Beijing

"If long-term interest rates remain elevated because of higher term premiums, there may be less need to raise the fed funds rate," Logan said. The Dallas Fed president said the economy has been stronger than she had expected, as has been the labor market, and that inflation was still too high despite progress in lowering it. But because Logan ran the New York Fed's bond portfolio for years before she took the top job at the Dallas Fed, her views on what's driving long-term rates higher could carry considerable weight as policymakers weigh their next moves. "The expectation of lower Federal Reserve asset holdings over time implies that other investors will need to hold more long-duration securities, which appears to be one factor among the many contributing to higher term premiums," Logan said. Figuring out how much of the higher long-term rates is due to higher term premiums is complex, she added.

Persons: Lorie Logan, Ann Saphir, Logan, Mary Daly, Julia Coronado, Lorie, she's, Krishna Guha, Guha, Paul Simao Organizations: Federal Reserve Bank, Dallas, Kansas City, REUTERS, Rights, Treasury, Federal Reserve, National Association for Business Economics, Market, San Francisco Fed, Evercore ISI, Dallas Fed, Fed, Thomson Locations: Kansas, Jackson Hole , Wyoming, U.S, York

Crop Watch producers reported quick harvest progress in the first week of October, and soybeans were the prime beneficiary as many areas are close to wrapping up those efforts. Five Crop Watch soybean fields were harvested between last Monday and Sunday, three with slightly better than expected results and two with notably worse ones. Just two Crop Watch soybean fields await harvest: Ohio and North Dakota. Average Crop Watch corn yield remains unchanged at 3.61, and there were no adjustments to any individual scores this week. Only four of the 11 Crop Watch corn fields have been harvested as of Monday morning, and the most recent one was completed on Sept. 29.

Persons: Karen Braun, Matthew Lewis Organizations: U.S . Crop Watch, Nebraska and, Crop, Crop Watch, Watch, South Dakota, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, Ohio, North Dakota, Iowa, Illinois, Minnesota, Nebraska, Nebraska and South Dakota, South Dakota, South, Kingsbury , South Dakota, Freeborn , Minnesota, Burt , Nebraska, Rice , Kansas, Audubon , Iowa, Cedar , Iowa, Warren , Illinois, Crawford , Illinois, Tippecanoe , Indiana, Fairfield , Ohio, The North Dakota, Griggs County, Stutsman County

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