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☆ Analysts call Intel’s disappointing quarter an ‘historic collapse’ and 'much worse than feared'
▼ + stars: | 2023-01-27 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

JPMorgan cuts price target to $28 from $32, reiterates underweight rating. Mizuho cuts price target to $29 from $32, reiterates neutral rating. Wells Fargo cuts price target to $26 from $32, reiterates equal weight rating. Barclays cuts price target to $27 from $30, keeps equal weight rating. Cowen cuts price target to $26 from $31, keeps market perform rating.

☆ Who are the two people who helped bail out Sam Bankman-Fried? Insider and other media organizations are asking a judge to unveil the secret
▼ + stars: | 2023-01-12 | by ( Jacob Shamsian | Sindhu Sundar | ) www.businessinsider.com time to read: +5 min

News organizations, including Insider, are asking a court to unveil Sam Bankman-Fried's bail backers. Bankman-Fried's lawyers told the court earlier this month that the backers of his release should stay secret for their "privacy and safety." At Bankman-Fried's January 3 arraignment hearing, Kaplan had granted a request from Bankman-Fried's lawyers to keep the names and addresses of those two people under seal. Christian Everdell, one of Bankman-Fried's lawyers, also represented Maxwell in her criminal case. But lawyers representing the media organizations said the cases were significantly different.

☆ Who are the 2 people who helped bail out Sam Bankman-Fried? Insider and other news organizations asked a judge to unseal their names.
▼ + stars: | 2023-01-12 | by ( Jacob Shamsian | Sindhu Sundar | ) www.businessinsider.com time to read: +5 min

News organizations, including Insider, are asking a court to unveil Sam Bankman-Fried's bail backers. Bankman-Fried's lawyers told the court earlier this month that the backers of his release should stay secret for their "privacy and safety." The two other backers sponsored "separate bonds in lesser amounts," according to a court filing earlier this month by Bankman-Fried's lawyers. At Bankman-Fried's January 3 arraignment hearing, Kaplan had granted a request from Bankman-Fried's lawyers to keep the names and addresses of those two people under seal. Christian Everdell, one of Bankman-Fried's lawyers, also represented Maxwell in her criminal case.

[1/2] Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. After being wrong-footed by sudden price rises, the ECB has been raising rates at an unprecedented pace. Inflation has soared since economies reopened after the COVID-19 pandemic, driven by supply bottlenecks and then surging energy costs following Russia's invasion of Ukraine. "We judge that interest rates will still have to rise significantly and at a steady pace," Lagarde told a news conference following its rate announcement. Money markets immediately moved to price in a peak deposit rate of just over 3% by July, compared to 2.75% before the meeting.

☆ Tumblr Shoots for a Comeback With Users and Advertisers
▼ + stars: | 2022-12-09 | by ( Katie Deighton | ) www.wsj.com time to read: +7 min

Wireless company Verizon Communications Inc., which bought Yahoo in 2017, saw Tumblr users nosedive when it banned adult content, including nudity, in 2018. Tumblr users in the past month have depicted anthropomorphized versions of the Tumblr and Twitter logos, for example, having a quasiromantic relationship. And in April, it introduced Tumblr Blaze, which offers users, including brand accounts, wider exposure for their posts. Advertisers that create custom campaigns using the parlance popular among Tumblr users to appeal to particular communities usually see the best engagement, according to Tumblr’s chief marketing officer, Matthew Ryan. Some of the most active advertisers on Tumblr are movie and television studios that create Tumblr campaigns for die-hard fans of genres or series, Mr. Ryan said.

☆ Have FSA Money Left to Spend? Here Are Some Eligible Items You Might Actually Want
▼ + stars: | 2022-12-09 | by ( Matthew Riva | Ashlea Ebeling | ) www.wsj.com time to read: 1 min

For the millions of American workers who have healthcare flexible-spending accounts: Spend your FSA. The best time was months ago; the second-best time is right now. Since the pandemic began, many workers have been spared the annual deadline for using up their FSAs. This year, the clock is ticking once again and any money not spent by Dec. 31 might be gone for good.

☆ Check out the pitch deck the Y Combinator alum SilkChart used to raise $5.2 million from investors like SoftBank
▼ + stars: | 2022-12-07 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +4 min

The marketing startup SilkChart seeks to help businesses better understand their advertising data. It was in Y Combinator's spring 2022 class and says it was able to grow revenue during the program. Now, SilkChart has raised $5.2 million in funding to scale its data-analytics business. Investors include Y Combinator, SoftBank, the ad agency Dentsu, Harlem Capital, and Global Founders Capital. Check out the 12-slide pitch deck that the founders of SilkChart used to raise $5.2 million in funding:

They have made me feel excluded,” Cavallo told CNN’s Chief International Anchor Christiane Amanpour on Tuesday. Jonathan DiMaggio/Getty ImagesThe Adelaide United midfielder and former Australian youth international made headlines last year when he came out as gay. Cavallo was speaking to Amanpour ahead of Australia’s 4-1 Group D defeat by France in their opening World Cup game. Earlier this year, Cavallo spoke of his hopes of playing for Australia at the World Cup, but he didn’t make the Socceroos’ final squad for Qatar 2022. However, the 23-year-old said that he had expected the Australian captain to wear the “OneLove” armband in solidarity with the LGBTQ community despite the risk of sanctions for any player who wore the armband.

☆ How to Outsmart Your Relatives at Thanksgiving
▼ + stars: | 2022-11-22 | by ( William Flannigan | Matthew Riva | ) www.wsj.com time to read: 1 min

Economic woes may stick aroundThe Federal Reserve combats inflation by increasing interest rates in an attempt to curb demand. Because of the overheated job market, inflation might become entrenched. Last month, prices eased but remained high. Slowing growth is also leading to a lot of layoffs, particularly in the tech sector. Home prices have slid from their springtime highs, but prices in most areas remain higher than a year ago because supply remains limited.

Representatives for Impossible Foods did not immediately respond to a request for comment on the decision. Redwood City, California-based Impossible Foods sued Motif, a Boston-based spinoff of biotech company Ginkgo Bioworks, in March. The court agreed with Impossible Foods that Hemami could still infringe the patents and allowed the claims to continue. Impossible Foods' patents may cover Hemami because it is produced using yeast and does not have any "direct animal provenance," Bryson said. The case is Impossible Foods Inc v. Motif Foodworks Inc, U.S. District Court for the District of Delaware, No.

☆ Sydnee Smirl McElroy takes on Rep. Matthew Rohrbach in West Virginia's 26th House District
▼ + stars: | 2022-11-08 | by ( Walt Hickey | ) www.businessinsider.com time to read: +2 min

The 26th district has changed considerably after the 2020 redistricting cycle. GOP Rep. Matthew Rohrbach and Dr. Sydnee McElroy, a physician and podcaster, are vying for the seat. Polls close in West Virginia at 8:30 p.m. Eastern Standard Time. The 26th district is currently represented by Rep. Ed Evans, a Democrat, but following the 2020 redistricting cycle its border have changed considerably and Evans is now running in the 36th District. Rohrbach, who has served in the House since 2015, is facing a challenge from Dr. Sydnee McElroy, a physician and podcaster.

☆ A plan to tax the rich to fund electric cars is on the ballot in California
▼ + stars: | 2022-11-08 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

CNN —California has long been a leader among states, and even countries, in promoting a shift to electric cars, including with its plans to ban the sale of purely gas-powered cars by 2035. Opponents of the ballot initiative claim it’s really just an attempt by one tech company to benefit itself at the expense of other priorities. Opponents of the ballot initiative claim Lyft’s support is self-serving. But a rule like Prop 30, which would make it easier for just about anyone in California to buy an electric car, including Lyft drivers. And electric cars are too expensive for lower income residents to afford, so the financial support is needed, especially with sales of gas cars being banned in the future.

☆ Dollar gains with Treasury yields, sterling tumbles on hot inflation
▼ + stars: | 2022-10-19 | by ( Karen Brettell | ) www.reuters.com time to read: +4 min

British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. Benchmark 10-year Treasury yields resumed their march higher as investors maintained expectations that the Federal Reserve will continue to aggressively raise rates to bring down soaring inflation, boosting demand for the U.S. currency. Register now for FREE unlimited access to Reuters.com RegisterThe U.S. central bank is expected to lift rates by another 75 basis points when it meets on November 1-2, with an additional 50 basis points or 75 basis points increase also likely in December. Japanese Finance Minister Shunichi Suzuki said on Wednesday that he was checking currency rates "meticulously" and with more frequency, local media reported. The BOJ remains an outlier among a global wave of central banks tightening monetary policy to combat soaring inflation, as it focuses on underpinning a fragile economy.

British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. The U.S. dollar held at a 32-year peak against the yen and rose from a two-week trough against a basket of major peers, underpinned by expectations of aggressive U.S. Federal Reserve interest rate hikes. “Sterling edged lower against its peers after yet another upside surprise in the latest UK inflation data... “Following the budget fiasco, there is also a great deal of uncertainty as to the pace of upcoming Bank of England interest rate hikes," he added. read moreElsewhere, the dollar pushed as high as 149.48 yen for the first time since August 1990 in early London trading.

☆ Britain pursues 'trickle-down economics' despite scorn from Biden. And the stakes are sky-high
▼ + stars: | 2022-09-23 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

British Prime Minister Liz Truss and U.S. President Joe Biden formally met for the first time at the United Nations General Assembly in New York City, following clashes in economic policy between the two leaders. Biden, in a tweet Tuesday, said he was "sick and tired of trickle-down economics," adding "it has never worked." Liz Truss U.K. prime ministerCritics, including Britain's opposition Labour party, have argued that such measures disproportionately benefit the wealthy. Questions have also been raised over how the policies will be funded, with tax cuts expected to lead to higher borrowing. Truss has argued that resultant growth will bring in more revenue which will cover those borrowing costs.

Where to get audiobooksMost audiobooks are available to listen to on your smartphone, tablet, smartwatch and desktop or laptop — how to listen to audiobooks depends mostly on which device you have and which apps can be downloaded on it. Getting started: Audible offers two main types of memberships — Audible Plus and Audible Premium Plus — each with a 30-day trial membership. During those 30 days, you can listen to podcasts, meditation programs, sleep tracks and audiobooks, plus access Audible Original content. An Audible Premium Plus membership also gives you 30% off any additional premium titles you may want to buy. Find other audiobooks optionsBest audiobooks for getting startedIf you’re on the hunt for your next audiobook or on the fence about joining the world of audiobooks, it’s a good idea to start off with audiobooks that are much more satisfying in their spoken iteration.

☆ Above-average hurricane season forecast with several major hurricanes
▼ + stars: | 2022-05-24 | by ( Jennifer Gray | ) edition.cnn.com time to read: +4 min

CNN —The official start to hurricane season is just a week away and forecasters are predicting another busy one. The CSU forecast called for 19 named storms, nine hurricanes and four major storms. However, during the announcement, NOAA Administrator Rick Spinrad recognized that the current hurricane cycle for the Atlantic is a busy one. “If you go back two years, the 2020 hurricane season broke records across the board and it’s the most active season on record with 30 named storms,” said Spinrad. “Yes, the loop current does look like 2005,” said Matthew Rosencrans, lead hurricane season outlook forecaster with NOAA’s Climate Prediction Center.

☆ Instagram says it did not remove Britney Spears' account after the singer's profile mysteriously disappeared
▼ + stars: | 2021-09-14 | by ( Kat Tenbarge | ) www.businessinsider.com time to read: +3 min

Britney Spears' Instagram account was deactivated on Tuesday without explanation. Instagram told Insider that the platform didn't take action against the account. But shortly after posting about the "Free Britney" movement, Spears' account, which had 34 million followers, was taken down from the platform. Britney Spears' Instagram profile after it deactivated on Tuesday (L); Spears' last post before her Instagram was deactivated. Read more at Insider's developing story: Britney Spears' Instagram account just disappeared after she posted about '#FreeBritney'

☆ With close military encounters on opposite sides of the world, Russia is sending a message to the West
▼ + stars: | 2021-07-15 | by ( Christopher Woody | ) www.businessinsider.com time to read: +7 min

Russia's military had close encounters with its US and European rivals in June. The incidents and exercises were messages about Russia's military capabilities, experts said. A Russian fighter jet flying past the Dutch frigate HNLMS Evertsen in the Black Sea on June 24. Russia's military drilled around Crimea throughout the end of June and early July, focusing on attacking the ships of "a notional enemy." Russian officials continue to call the HMS Defender incident a "provocation" and warn about future run-ins.

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