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☆ Ye’s ‘The Shop’ episode pulled after he used ‘more hate speech,’ producers say
▼ + stars: | 2022-10-12 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +3 min

An episode of an online talk show featuring Ye, formerly known as Kanye West, will not be aired after the rapper used "hate speech and extremely dangerous stereotypes" during the taping, the show's producers said late Tuesday night. "Unfortunately, he used The Shop to reiterate more hate speech and extremely dangerous stereotypes," he said. "While The Shop embraces thoughtful discourse and differing opinions, we have zero tolerance for hate speech of any kind and will never allow our channels to be used to promote hate," he said. Hate speech should never have an audience,” he added. The post has since been deleted from Ye’s account.

☆ Kanye West's episode of 'The Shop' won't air over his 'hate speech'
▼ + stars: | 2022-10-12 | by ( Chloe Melas | ) edition.cnn.com time to read: +2 min

CNN —Kanye West will not be featured on “The Shop: Uninterrupted.”West, who has legally changed his name to Ye, taped an episode of the HBO conversation series from Lebron James and Maverick Carter earlier this week. In a statement to CNN on Wednesday, Carter said the episode will not air. Unfortunately, he used The Shop to reiterate more hate speech and very ugly stereotypes,” Carter, who is also CEO Springhill Company, which produces the series, said in a statement. “While The Shop embraces thoughtful and difficult topics, we have zero tolerance for hate speech and will not air it on any of our channels under any circumstances. While I understand this may leak, I hope others choose to do the right thing and not give hate speech an audience of any kind,” Carter added.

☆ INDIA STOCKS Indian shares rise as oil prices decline; inflation data eyed
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Oct 12 (Reuters) - Indian shares opened higher on Wednesday, as a fall in global oil prices boosted sentiment, while investors awaited domestic retail inflation data and quarterly earnings results from IT firm Wipro later in the day. India, the world's third-biggest importer and consumer of oil, benefits from a fall in prices as it brings down imported inflation. On Tuesday, both the indexes had closed at a one-week low - marking their third straight session of losses - on the back of risk aversion globally. Markets also awaited U.S. inflation data on Thursday that kept investors on edge. Register now for FREE unlimited access to Reuters.com RegisterReporting by Rama Venkat in Bengaluru; Editing by Neha AroraOur Standards: The Thomson Reuters Trust Principles.

☆ Japan Inc strongly backs defence spending, many firms near limit on weak yen - Reuters poll
▼ + stars: | 2022-10-12 | by ( Rocky Swift | ) www.reuters.com time to read: +4 min

Register now for FREE unlimited access to Reuters.com RegisterThe latest Reuters poll showed that 81% of Japanese companies were in favour of raising defence spending to that level. And in last month's poll, three quarters of firms said they were concerned about a geopolitical crisis around Taiwan. read moreHalf of firms polled expect the weak yen to hurt profits through the end of January, compared with 29% who expected it would boost earnings. read moreSLUGGISH GROWTHAmong those hurt by the weak yen, 64% said they were coping by raising prices, the most common response. The Reuters Corporate Survey, conducted for Reuters by Nikkei Research, canvassed 495 big, non-financial Japanese firms on condition of anonymity, allowing them to speak more freely.

☆ Kanye West's episode of LeBron James' YouTube show won't air because he used his interview 'to reiterate more hate speech'
▼ + stars: | 2022-10-12 | by ( Travis Clark | ) www.businessinsider.com time to read: +3 min

Kanye West's interview on the YouTube talk show "The Shop" won't air. An executive producer said West used the interview to "reiterate more hate speech." "Yesterday we taped an episode of 'The Shop' with Kanye West," Maverick Carter, another executive producer of the show, told The Hollywood Reporter in a statement. Unfortunately, he used 'The Shop' to reiterate more hate speech and extremely dangerous stereotypes." Hate speech should never have an audience."

☆ Consumer prices in Brazil down for the third month on lower fuel costs
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

Prices are displayed at a market in Rio de Janeiro, Brazil, September 2, 2021. The benchmark IPCA index (BRCPI=ECI) fell 0.29% last month, IBGE said, a smaller drop than the 0.34% forecast by economists polled by Reuters and slowing down from the 0.36% fall seen in the previous month. The transportation sector once again led consumer prices down in Brazil in September, posting a 1.98% drop, while food and beverage prices fell for the first time since November 2021, IBGE said. Reuters GraphicsIn the 12 months through September, inflation reached 7.17%, down from 8.73% in the previous month though slightly above the 7.1% forecast. "But with some goods and services inflation still rising, and the headline rate far above target, a shift towards interest rate cuts remains a long way off," he added.

☆ India inflation likely hit five month high in Sept on food prices: Reuters poll
▼ + stars: | 2022-10-11 | by ( Arsh Tushar Mogre | ) www.reuters.com time to read: +2 min

The Oct. 3-7 Reuters poll of 47 economists suggested inflation - as measured by the Consumer Price Index (INCPIY=ECI) - rose to an annual 7.30% in September from 7.00% the previous month. Some 91% of economists, 43 of 47, expected inflation to be 7.00% or higher, suggesting the bias was for prices to go up further. "There is a strong pressure from food that is playing out," said Dharmakirti Joshi, chief economist at Crisil. The Indian government has introduced measures to calm local prices, including some export restrictions on rice to temper inflation. But consumer prices have remained defiant and stayed above the RBI's upper tolerance limit this year.

☆ Startup founders are panicked amid a market meltdown, but most VCs don't want to hear it. 'It's like don't ask, don't tell.'
▼ + stars: | 2022-10-11 | by ( Melia Russell | ) www.businessinsider.com time to read: +12 min

"It's like don't ask, don't tell," Josh Felser, a successful founder and outspoken investor, said. The following report on how startup founders are coping with the funding crunch was originally published on August 4. Seven Seven Six partner Katelin Holloway. Her investor, Seven Seven Six, pays for its founders to participate. Caleb Frankel, whose Seven Seven Six-backed startup, EarlyBird, helps families invest in their kid's financial future, wants desperately to have kids, but he and his wife have struggled with pregnancy loss.

☆ Leonteq shares hammered after FT report on unusual trading activity
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

The FT reported on Monday that whistleblowers have accused auditor EY of whitewashing suspicious trades, including money laundering and tax evasion in an investigation it conducted this year for Leonteq, a long-standing client. It said that investigations by Leonteq and EY found there "were no material shortcomings". At the core of the complaints reported by the FT are two trades that Leonteq created for French workers co-operative society ID Formation at the start of 2021. Since Friday's close, the shares have lost more than 24%, marking the biggest two-day drop since late 2016. "Publication of the EY report or an additional appraisal through an external auditor would provide urgently needed visibility.

☆ Analysis: Global bonds move in lockstep, ramping up investors' risk
▼ + stars: | 2022-10-11 | by ( Davide Barbuscia | ) www.reuters.com time to read: +5 min

As a result, we’re seeing significantly elevated correlations between bond markets," said Andy Sparks, head of portfolio management research at MSCI. "The high level of correlation across global bond markets means that allocating to ex-U.S. bonds is that much less effective," said Gregory Peters, co-chief investment officer at PGIM Fixed Income. Peters doesn't expect the correlations to moderate until central banks' monetary policies diverge significantly, and he has reduced his exposure to sovereign bonds outside the U.S. "That's something that brings these global issues on U.S. investors' radars, because they are becoming first order market drivers." Martin Harvey, portfolio manager of the Hartford World Bond Fund, expects monetary policy regimes to start diverging next year.

☆ INDIA STOCKS Indian shares extend fall as autos weigh
▼ + stars: | 2022-10-11 | by ( Rama Venkat | ) www.reuters.com time to read: +2 min

BENGALURU, Oct 11 (Reuters) - Indian shares fell for a third session on Tuesday, with automobile stocks leading losses, as risk-averse trades take hold of financial markets globally. The NSE Nifty 50 index (.NSEI) fell 0.55% to 17,146 as of 0510 GMT, and the S&P BSE Sensex (.BSESN) was down 0.51% to 57,692.61. read moreIn domestic trading, the Nifty's automobile index (.NIFTYAUTO) and the energy index (.NIFTYENR) fell 0.98% and 0.69%, respectively. Tata Consultancy Services Ltd (TCS.NS) posted its biggest intraday pct fall in more than three weeks, weighing on the Nifty IT index (.NIFTYIT) which was down 0.75%. "We have seen the worst of inflation getting over so don't see much of a domestic inflation scare as of now."

☆ Meghan McCain lashes out at 'idiots' in the GOP for backing Kanye West despite the rapper's antisemitic comments
▼ + stars: | 2022-10-11 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Meghan McCain slammed the GOP for backing Kanye West after his antisemitic comments. She called the House Judiciary GOP "idiots" after they left up a tweet lauding West. West then switched to posting from his Twitter account that day, writing that he was "going death con 3 on JEWISH PEOPLE." The tweet was removed from the platform, and West was locked out of his Twitter account on Sunday. McCain also hit out at West in an Instagram post, calling his antisemitic language a "cancer" that is "everywhere."

☆ Indian billionaire Gautam Adani was a college dropout. Now he may be too big to fail
▼ + stars: | 2022-10-10 | by ( Diksha Madhok | ) edition.cnn.com time to read: +11 min

Indian billionaire Gautam Adani’s conglomerate had just launched a hostile bid to take over an influential broadcaster in the capital. Rupak De Chowdhuri/ReutersMuch of his fortune is tied up in the sprawling Adani Group, which he founded over 30 years ago. Most of the companies in the Adani empire are held closely by the billionaire, his family and associated firms, including nearly 75% stakes in AEL, Adani Power, and Adani Transmissions. Yet, the Adani Group has continued to raise billions from Indian and foreign banks. CreditSights, a research firm owned by Fitch Group, in August published a report about Adani Group titled “Deeply Overleveraged” in which it expressed strong concerns.

☆ How to improve your workday without quitting your job — and how to know when it's time to leave
▼ + stars: | 2022-10-10 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +7 min

Sometimes your job really isn't a fit, and it helps to know how to cautiously make a career change. In that case, it can be heartening to know that there are plenty of relatively simple ways to improve your work experience. Read more:A few small changes can make you happier at a job you don't like, experts sayNot quite ready to quit your job? In other words, think about how your work will help you get your next job, the one you really want. Here's what you need to know about the challenges you'll face overhauling your work life.

☆ Amazon's latest product announcements are a reminder the company is always watching
▼ + stars: | 2022-10-02 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

But the event was also another reminder of just how much Amazon’s many products are watching us. The new Halo Rise sleep tracking device, for example, sits on the nightstand and monitors a person’s breathing and micro-movements as they sleep without the need to wear a sleep tracker. Amazon is far from the only tech company offering products that monitor users or collect data with the promise of improved conveniences, productivity and safety. In the months leading up to the product event, Amazon made two big announcements that could expand its reach into our lives even more. The Halo Rise sleep tracking device, meanwhile, encrypts the collected data and stores it in the cloud, according to the company.

They accounted for 71% of arrivals before the pandemic, with another 19% coming from Hong Kong, according to the tourism board. Register now for FREE unlimited access to Reuters.com RegisterCasinos have supported heady growth since 2002 when Macau opened the market to multiple operators. Macau’s tiny population of 680,000 was nearly 70% richer on a per capita basis than their peers in Hong Kong, per the International Monetary Fund. But their collective enthusiasm masks an awkward reality: Macau’s dependence on the gambling industry looks increasingly fraught. Gaming revenue, which peaked at $45 billion in 2013, has never recovered from the blow to VIP business, sinking to $36 billion by 2019, per Macau’s Gaming Inspection and Coordination Bureau.

"Either Twitter is going to fix this, or we'll fix it by any means we can, which includes not buying Twitter ads." Twitter's challenges in identifying child abuse content were first reported in an investigation by tech news site The Verge in late August. Like all social media platforms, Twitter bans depictions of child sexual exploitation, which are illegal in most countries. Ghost Data identified the more than 500 accounts that openly shared or requested child sexual abuse material over a 20-day period this month. Twitter suspended over 1 million accounts last year for child exploitation material, according to the company's transparency reports.

☆ Biden administration wants psychological tests for parents of separated kids
▼ + stars: | 2022-09-28 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

WASHINGTON — The Biden administration is asking that parents of children separated at the U.S.-Mexico border undergo another round of psychological evaluations to measure how traumatized they were by the Trump-era policy, court documents show. Government investigators have said children separated from their parents showed more fear, feelings of abandonment and post-traumatic stress symptoms than children who were not separated. Biden administration officials have decried the Trump-era policies. The two sides had been negotiating a settlement, but then Biden said that families of separated children deserve some form of compensation. The Biden administration has formed a reunification task force that has reunited roughly 600 families.

☆ Open-source data is the future of the climate movement, this nonprofit leader says: 'We need to have the numbers'
▼ + stars: | 2022-09-28 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +3 min

Tim Paradis, senior editor at Insider, spoke with Amali de Alwis of Subak about the climate crisis. Subak is a tech accelerator for climate not-for-profits and a hub for open-source science data. The event was part of Insider's series Climate Heroes 2022: Working Toward Solutions. The event was part of Insider's series Climate Heroes 2022: Working Toward Solutions. The goal is to encourage businesses, governments, and even entrepreneurs to come up with climate solutions using this information.

☆ How Netflix and Disney+ with ads could swipe current subscribers from the streamers' higher-priced services
▼ + stars: | 2022-09-28 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Netflix and Disney+ face a big question of how many people will subscribe to their ad-supported tiers. A new survey shows about half of each service's current subscribers are open to a cheaper version with ads. There's strong interest in Netflix and Disney+ with ads, a new survey from Samba TV with HarrisX found, with nearly half of each service's current subscribers saying they'd consider making the switch. Those most interested in Netflix's ad version skew older and less affluent, Samba TV and HarrisX found. The Samba TV-HarrisX survey also found broad interest in Netflix and Disney+ with ads among non-subscribers.

☆ Twitter is telling advertisers their ads mistakenly ran on profiles selling and soliciting child sexual abuse material
▼ + stars: | 2022-09-28 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

Twitter told advertisers Wednesday it had found ads on profiles linked with child sex abuse. Twitter said it had banned the accounts and told some advertisers it was supending ads on profiles. Twitter informed advertisers on Wednesday that it had discovered ads running on profiles that were soliciting or selling child sexual abuse material. Twitter told some advertisers it had suspended all ads on profiles. The company also said it had "updated its systems" in order to better detect accounts linked with child sexual abuse material and to prevent ads being served next to this content.

☆ World Bank Cuts China Growth Forecast as Covid-19, Real-Estate Crunch Take Toll
▼ + stars: | 2022-09-27 | by ( Jason Douglas | ) www.wsj.com time to read: 1 min

SINGAPORE—The World Bank said it expects developing economies in East Asia to grow faster than China this year for the first time since 1990, as the world’s second-largest economy struggles with a real-estate crunch and the government’s zero-tolerance approach to Covid-19. The Washington, D.C.-based lender cut its forecast for Chinese growth this year but said it expects growth among 22 neighboring economies to more than double in 2022 compared with the pace they notched last year, as countries benefit from dismantling most Covid-19 restrictions and a revival in tourism.

☆ Kazakhstan struggles to accommodate Russians fleeing war
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +3 min

ALMATY, Sept 27 (Reuters) - Kazakhstan is struggling to accommodate tens of thousands of Russians who have fled their homeland since Moscow announced a military mobilisation last week, officials say, but the Almaty government has no plans to close its border. Russians do not need a visa or even a passport to enter Kazakhstan, just their Russian identity papers. The Russian language is also widely spoken in the country, which is home to a large ethnic Russian minority. While some Kazakhs have already called for border closures or restrictions on Russians' entry, others have arranged meeting points for arriving Russians and set up volunteer networks to help them find shelter. In the city of Oral, some Russians have spent a night at a local cinema which invited them through social media.

☆ Why does work feel so dysfunctional right now? A psychologist, labor expert and CEO weigh in
▼ + stars: | 2022-09-26 | by ( Jennifer Liu | ) www.cnbc.com time to read: +7 min

"I'm not sure that work is any more dysfunctional now for many workers than it's been in the past," she tells CNBC Make It. Work has always been dysfunctional, our tolerance for it just got lowerWorkers are still quitting in droves during the Great Resignation. The discord we're seeing, then, is vocal pushback from employees — emboldened by a tight market and, yes, social media fervor — not wanting to return to traditional models of work, Klotz says. "Everyone is making money off of their work, and they're not getting return on the investment of their labor. To call that out and say, you know what, I don't necessarily need to go above and beyond if that effort isn't going to be valued — that's not quiet quitting.

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