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☆ Tiananmen Square masacre anniversary: vigils go global as authorities in China and Hong Kong stamp out remembrance
▼ + stars: | 2023-06-03 | by ( Chris Lau | ) edition.cnn.com time to read: +10 min

“I think it’s sad to say that what Beijing and Hong Kong are doing is trying to erase history and the memory,” said Kevin Yam, a former lawyer in Hong Kong, who will be attending a ceremony in Melbourne, Australia, where he now resides. “Hong Kong has been carrying the torch for commemorating the Tiananmen massacre, keeping the legacy alive. When the museum was shut down, with the Hong Kong alliance’s leaders in prison, we knew it was a critical moment,” he said. Thousands gathered at a candlelit vigil in Hong Kong on June 4, 2017, to mark 28 years since China's bloody Tiananmen Square crackdown. “It is true that the commemorations around June 4th have expanded and become more global since it has become impossible to do anything in Hong Kong,” he told CNN.

Persons: Tyrone Siu, Hong Kongers, ”, Kevin Yam, Zhou, Zhou Fengsuo, Wang Dan, Hong Kong’s, “, Hong Kong, Isaac Lawrence, Chris Tang –, –, Louise Delmotte, Richard Tsoi, Catherine Henriette, Jens Galschiot, Anthony Kwan, Kongers Organizations: Hong Kong CNN, Communist Party, Reuters, CNN, Hong, People’s Liberation Army, Authorities, Getty, Victoria Park, Chinese Communist Party, Hong Kong Alliance, Police, . Police, of, Los, “, Britain –, London Locations: Hong Kong, China, Victoria, Beijing, Australia, Japan, Taiwan, Europe, United States, Canada, Melbourne, New York, York, “ Hong Kong, Hong, AFP, Tiananmen, Berlin, Danish, Germany, Los Angeles, Boston, Norway, Causeway, Britain, Nottingham, Manchester, London

[1/5] Hong Kong Newspapers from June 5, 1989, reporting the Tiananmen Square China uprising, is pictured during a press preview of the Tiananmen June 4th Memorial permanent exhibition, which opens June 2 in Manhattan, in New York City, U.S., June 1, 2023. REUTERS/Mike SegarNEW YORK, June 1 (Reuters) - The hope for a "free China" lives on in a new Manhattan museum dedicated to China's 1989 suppression of pro-democracy demonstrations around Tiananmen Square, exhibit organizers said on Thursday ahead of the 34th anniversary of the crackdown. The June 4th Memorial Museum in New York will be the only such permanent exhibition in the world, following the 2021 closure of a similar museum in Hong Kong under pressure from authorities. Public memorials of the crackdown were once allowed in Hong Kong, but Hong Kong police have barred a vigil there since 2020, citing COVID-19 concerns. Wang Dan, another former Tiananmen student leader who helped establish the museum, said he felt it was his obligation to show his respect for the protesters who died.

Persons: Mike Segar, Zhou Fengsuo, Zhou, Wang Dan, Wang, Aleksandra Michalska, Michael Martina, James Pomfret, Jessie Pang, Don Durfee, Rosalba O'Brien Organizations: Hong Kong Newspapers, REUTERS, Museum, China's, Hong, Overseas, Reuters, Thomson Locations: China, Manhattan, New York City, U.S, Tiananmen, New York, Hong Kong, Beijing, Washington, British, Taipei, London, Berlin

☆ 5 trillion-dollar companies — including Nvidia, Apple, and Amazon — have been behind most of the S&P 500's 10% gains this year
▼ + stars: | 2023-05-31 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

Collectively, the five companies have raised their market cap by about $2.9 trillion in 2023 — contributing 96% of the almost $3 trillion gains in the S&P 500's market value this year, Fortune reported on Wednesday. Read further to know the five bigwigs' market capitalization — or marcap — gains this year, in descending order:1. Apple: $718 billion in marcap gainsThe world's largest company by market cap, Apple shares ended 2022 at $129.93 apiece. On Tuesday, the chipmaker's market cap briefly hit the coveted $1 trillion mark for the first time. This takes Amazon's market cap to $1.25 trillion — up from $857 billion at the end of 2022.

Persons: Fortune, Insider's Zahra Tayeb, Mohamed El, Read, Tim Cook, Cook, CNBC's Steve Kovach, Bing, Jensen Huang, Huang, Sundar Pichai, Pichai, Andy Jassy Organizations: Apple, Microsoft, Nvidia, Nasdaq, Allianz, Big Tech, CNBC, Wall, OpenAI, Bloomberg, Amazon Locations: California, Nvidia's

☆ Manhattanhenge is coming to New York City tonight. Here's where to see it best.
▼ + stars: | 2023-05-29 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

Manhattanhenge is happening in New York City on Monday. It's the phenomenon where the setting sun perfectly aligns with the city's street grid. The astrophysicist Neil deGrasse Tyson coined the term. The term Manhattanhenge was coined by the popular astrophysicist Neil deGrasse Tyson, a native New Yorker. The Tudor City Overpass in Manhattan and Hunter's Point South Park in Queens are two more scenic spots, he says.

☆ 2 Bullish signals suggest the S&P 500 could surge 19% to record highs over the coming year, Bank of America says
▼ + stars: | 2023-05-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

There are two bullish signals that suggest the stock market could trade to record highs by early next year. BofA says a bullish breakout in global breadth means the S&P 500 could surge 19% from current levels. "Bullish technical backdrop signals support the case for a higher S&P 500 into year-end and early 2024," BofA said. "Bullish technical backdrop signals support the case for a higher S&P 500 into year-end and early 2024." This bullish indicator triggered a breakout in February, and that "does not rule out S&P 500 4,900 into February 2024," Suttmeier said.

☆ Party City is planning to close over 30 stores across the country — here's the full list
▼ + stars: | 2023-05-09 | by ( Avery Hartmans | Ben Tobin | ) www.businessinsider.com time to read: +5 min

Party City says it's closing over 30 stores after filing for Chapter 11 bankruptcy protection. Cartersville: Cartersville Crossing, 451 East Main St.IowaWaterloo: Crossroads Commons Shopping Center, 1415 Flammang Dr.IllinoisBradley: Bradley Commons, 2060 N. State Rte. 20Felch Street Shopping Center, 3050 Beeline Rd., Ste. L12East Hills Shopping Center, 3702 Frederick Ave., Ste. K2Five Points Shopping Center, 4101 Hwy.

☆ Elon Musk once praised a rocket CEO who didn't go to college for beating Jeff Bezos to orbit, new book reveals: 'Bezos has spent a shitload of money, and he hasn't made it'
▼ + stars: | 2023-05-08 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

A new book reveals Elon Musk once praised a rival New Zealand rocket CEO in a 2018 phone call. Musk said it was "impressive" that Rocket Lab launched a rocket into orbit before Blue Origin, per the book. Like SpaceX, Rocket Lab has been able to launch rockets into orbit — something Bezos' Blue Origin company has not yet achieved. In March, Rocket Lab launched its 35th Electron rocket just a week after launching its 34th Electron rocket. Neither Rocket Lab, Blue Origin, nor Musk responded to Insider's requests for comment.

☆ Tragedy chanting: ‘Vile’ soccer songs about deaths fueled by ‘need to hurt’ opposing fans
▼ + stars: | 2023-05-03 | by ( Matias Grez | ) edition.cnn.com time to read: +8 min

CNN —Described as “vile” and “unacceptable” and fueled by “the need to hurt,” ‘tragedy chanting’ is becoming an increasing concern to soccer authorities. Then, in 1989, overcrowding in the stands ahead of the FA Cup semifinal between Liverpool and Nottingham Forest at Hillsborough Stadium led to the deaths of 97 Liverpool fans. Nottingham Forest fans hold up a banner in memory of the 97 victims of the Hillsborough disaster. The working group has also been in contact with the Crown Prosecution Service (CPS) to discuss whether convictions can be pursued for fans that engage in tragedy chanting. Heysel Stadium Disaster, May 1985.

The combined position fell to 447 million barrels (23rd percentile for all weeks since 2013) down from 534 million barrels (38th percentile) seven days earlier. Funds sold the equivalent of 99 billion cubic feet over the seven days ending on April 25, after buying a net total of 1,287 billion cubic feet in the previous eight weeks. The position slipped to 12 billion cubic feet net short (31st percentile for all weeks since 2006) from 87 billion cubic feet net long (34th percentile) a week earlier. Stocks were 280 billion cubic feet (+16% or +0.61 standard deviations) above the prior ten-year seasonal average on April 21, up from a deficit of 263 billion cubic feet (-8% or -0.98 standard deviations) on Jan. 1. Related columns:- Oil market has absorbed surprise production cut by OPEC⁺ (April 26, 2023)- Oil buying slows amid renewed concerns about economy (April 24, 2023)- Oil prices stall as short-covering rally is completed (April 17, 2023)John Kemp is a Reuters market analyst.

☆ Man City have 'the mental strength' in home stretch, says Guardiola
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +2 min

May 2 (Reuters) - Manchester City have the mental strength to endure their packed schedule in the final stretch of the season as they target a possible treble of trophies, manager Pep Guardiola said on Tuesday. Everything is here, the mental strength, the best period we can live and we are not tired. I'm pretty sure he'll score more in the Premier League before the end of the season," Guardiola added. It is a surprise for us, but maybe not for him to do what he's done in this difficult league. Reporting by Pearl Josephine Nazare in Bengaluru; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ Erling Haaland scores his 50th goal of the season and equals an English Premier League record
▼ + stars: | 2023-04-30 | by ( Aimee Lewis | ) edition.cnn.com time to read: +1 min

Arguably no player has made such an impact in his first season in the English Premier League. No Premier League player has ever scored as many. Only Everton’s Dixie Dean, who scored 63 goals in the 1927/28 season, has scored more goals in English football during a single top-flight campaign, according to the Premier League. The penalty was his 34th goal in the league, equaling Alan Shearer (1994-95) and Andy Cole (1993-94) for the most goals scored in a Premier League season. City still has hopes of completing the ‘treble’ as Pep Guardiola’s side remains in contention to win the league, the FA Cup and the Champions League.

☆ After Celebrating Tragedy, the N.F.L. Draft Looks to Change Its Tone
▼ + stars: | 2023-04-25 | by ( Ken Belson | ) www.nytimes.com time to read: +1 min

draft is a pinnacle for many players, most of whom have dreamed for years of hearing their names called by Commissioner Roger Goodell in front of millions of TV viewers. But in 2020, as players celebrated reaching the professional ranks, the broadcast zoomed in on their personal tragedies. Viewers learned, for example, that the sister of receiver Jerry Jeudy, whom the Denver Broncos selected 15th overall, had died while he was in high school. The package introducing Michael Pittman Jr., a receiver taken 34th by the Indianapolis Colts, revealed his stutter. Trevon Diggs, a cornerback picked 51st by the Dallas Cowboys, was noted to have lost his father to heart failure in 2008.

The most recent week saw purchases of NYMEX and ICE WTI (+12 million), Brent (+8 million), U.S. gasoline (+2 million) and European gas oil (+1 million) but sales of U.S. diesel (-3 million). But in products, the long-short ratio has increased to only 2.69:1 (40th percentile) from 2.39:1 (38th percentile) on March 21. And in middle distillates, such as gas oil and ultra-low sulphur diesel, the ratio has actually fallen slightly to 1.70:1 (33rd percentile) from 1.78:1 (35th percentile). Even on the crude side, however, the end of the short-covering process has sapped oil prices of some of their upward short-term momentum. U.S. NATURAL GASInvestors are becoming cautiously more bullish on U.S. gas prices, anticipating prices have already dropped so low the balance of risks is tilted strongly towards the upside.

Purchases over the three most recent weeks totalled 225 million barrels, among the largest increases over any three-week period in the last decade. As a result, fund managers held a combined position of 515 million barrels (34th percentile for all weeks since 2013) on April 11, up from just 289 million barrels (6th percentile) on March 21. But the pace of buying slackened noticeably last week as most of the short positions that existed in late March had been closed out. By April 11, total shorts had been reduced to just 125 million barrels (7th percentile) as bearish investors were squeezed out of the market. Fund short positions in NYMEX WTI were reduced to 24 million barrels, the lowest for almost six months, and down from 127 million barrels three weeks earlier.

☆ NHL roundup: Claude Giroux reaches 1,000 points in Senators' win
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +5 min

Giroux entered the game with 998 points but reached the milestone before the first intermission. Giroux followed up with a backhand shot at the 9:37 mark for his 34th goal of the season, his 1,001st career point and his 52nd career game-winning goal. Jets 6, Sharks 2Defenseman Erik Karlsson reached 100 points this season but couldn't spark his team to victory as host Winnipeg beat San Jose. Stars 6, Red Wings 1Roope Hintz had a goal and three assists to help Dallas earn a road win over Detroit. Wild 4, Blackhawks 2Marcus Johansson scored two of Minnesota's three goals over the final six minutes in its win over host Chicago.

☆ Arsenal denied huge win as Liverpool hit back to draw
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +3 min

LIVERPOOL, England, April 9 (Reuters) - Arsenal's grip on the Premier League title race was loosened as Liverpool produced a storming comeback to snatch a 2-2 draw in super-charged clash at a raucous Anfield on Sunday. The north Londoners were heading for a first league win at Liverpool since 2012, an eighth successive league win and a massive three points in their quest to win the league as they powered into a 2-0 lead. Arsenal have 73 points from 30 games, while Liverpool are eighth with 44 points. The game was under control but after that we concede a really sloppy goal and the game shifted momentum," Arsenal manager Arteta said. Liverpool took charge after the break and were awarded a penalty in the 58th minute after Rob Holding fouled Jota.

☆ NHL roundup: Connor McDavid hits 150 points in Oilers' win
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +12 min

Tomas Hertl scored, and James Reimer made 29 saves for the Sharks, who have lost seven straight against the Oilers. McDavid notched his 150th point when he scored with 1:44 left in the opening period for a 2-1 lead. Jesper Bratt scored the lone goal and MacKenzie Blackwood made 38 stops for the Devils, who had won back-to-back games. Avalanche 4, Kings 3Denis Malgin scored two goals for visiting Colorado in a win against Los Angeles. Alex Nylander, Danton Heinen and Evgeni Malkin each scored a goal and Tristan Jarry made 19 saves for the Penguins.

☆ China's super rich population drops as tech crackdown, global factors hurt wealth
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +3 min

[1/3] Jack Ma, billionaire founder of Alibaba Group, arrives at the "Tech for Good" Summit in Paris, France May 15, 2019. China lost 229 billionaires from the Hurun Global Rich List 2023, accounting more than half of the 445 people who disappeared from the list, which ranks moguls with a minimum net worth of $1 billion, the Hurun Report said on Thursday. The world's second biggest economy also added 69 new billionaires to the list during the period. In China, Jack Ma, founder of China's e-commerce giant Alibaba Group Holding , dropped to 52nd place from 34th a year earlier, due largely to China's regulatory crackdown on its tech sector. "The only thing I am not certain of is whether there would be a global financial crisis," he said.

☆ NBA roundup: 3-pointer at buzzer pushes Mavs past Lakers
▼ + stars: | 2023-03-18 | by ( ) www.reuters.com time to read: +6 min

Anthony Davis scored 26 points with 10 rebounds for the Lakers after missing Wednesday's defeat to the Houston Rockets because of load management. Austin Reaves scored 16 points and Dennis Schroder added 15 as Los Angeles played its 10th consecutive game without LeBron James (foot). Washington's 12 points and Kelly Oubre Jr.'s 11 points led Charlotte. Jalen Green paced Houston with 25 points while Kevin Porter Jr. added 20. Brandon Ingram led the Pelicans with 31 points and six assists, while Jonas Valanciunas had 22 points and 17 rebounds.

☆ Zara is opening or revamping nearly 30 stores in the US by 2025 — here's where they're located
▼ + stars: | 2023-03-15 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +3 min

Inditex is planning to open at least 10 new Zara stores across the US by 2025. At least a dozen other Zara locations will be revamped or enlarged, the retailer said. "This is a market in which for every $100 of fashion sold, we take less than $0.50 of that," García Maceiras said. Foot traffic is up at Zara stores around the world, and Inditex reported a 23% jump in store sales in 2022 across its portfolio of brands, which includes Zara, Bershka, and Massimo Dutti. Inditex plans to invest 1.6 billion euros, about $1.7 billion, in expanding its stores and warehouses worldwide, including a new Zara store on Paris' Champs Elysées, and at least 10 new locations across the US.

☆ 'A thin existence': man stranded in Turkey after being refused entry to Britain
▼ + stars: | 2023-03-12 | by ( Ali Kucukgocmen | ) www.reuters.com time to read: +3 min

Twala holds South African citizenship, has lived in the UK since 2004 and is father to a British son. The UK Home Office has not responded to a request for comment Reuters made on Saturday. 'BAD DREAM'Twala said his son, Mason, was in shock when he heard that his father could not board the plane. After receiving a family court order for the part-time custody of his son, Twala said he believed he could travel outside the country. "It just feels like I'm in a bad, bad dream," Twala said, adding that he's had "dark" thoughts throughout his time stranded in Turkey.

In the past twelve months, the oil market has absorbed the impact of Russia's invasion of Ukraine and the sanctions imposed in response by the United States, the European Union and their allies in Asia. As a result, benchmark oil prices have retreated by nearly 40% from their post-invasion high on March 8, 2022, after adjusting them for core inflation. Like all equilibria in the oil market, this one is likely to prove temporary and fragile - lasting until one or more of the risks around recession, inflation and China's post-pandemic rebound materialise or fade away. Conversely, if the global economy slides into a full-blown recession, inventories will rise and prices and spreads are likely to soften further. For the moment, however, the oil market has returned to balance less than twelve months after one of the largest shocks since the World War Two.

☆ Ken Griffin just keeps winning
▼ + stars: | 2023-03-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

No, 4.1 billion represents the number of dollars Ken Griffin made from his hedge fund, Citadel, in 2022 alone. Griffin made more money in one hour than the average American makes in their lifetime! Oh, and one more thing: That's not even all the money Griffin earned in 2022! I've said before you could make the case for Griffin being the most powerful person on Wall Street. And check out this fascinating profile from Insider's Dakin Campbell on Ken Griffin.

☆ NHL roundup: Bruins edge Kraken on Jake DeBrusk's late tip-in
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +7 min

Brandon Carlo scored the first of the Bruins' two third-period goals, while McAvoy and Hampus Lindholm had two assists apiece. The winning goal was DeBrusk's third goal in three games since returning from injuries. Minnesota killed off its 22nd straight penalty in the win and has not given up a power-play goal in nine straight games. Oilers 7, Penguins 2Connor McDavid had two goals and two assists as Edmonton scored seven straight goals to defeat host Pittsburgh. Vincent Trocheck scored the only goal for the Rangers, who have lost three straight following a seven-game winning streak.

☆ A CVS in New York City is turning to specially trained dogs to combat rampant shoplifting
▼ + stars: | 2023-02-23 | by ( Danni Santana | ) www.businessinsider.com time to read: +2 min

Retailers across the US are fighting an increase in store theft. In New York City, one non-profit retail trade group has started using dogs to combat the problem. The 34th Street Partnership launched the program in partnership with Stapleton Security Services this month at a local CVS. In an emailed comment to Insider, the 34th Street Partnership Ward said the firm has "initiated the canine patrol as a pilot project and will evaluate its efficacy as it continues. Nationwide, retail theft has become a $95 billion problem for the industry, according to the National Retail Federation's most recent Retail Security Survey.

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