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☆ How Ryan Reynolds, Rihanna and Other Celebrities Made Fortunes From Side Hustles
▼ + stars: | 2023-03-15 | by ( Joseph Pisani | ) www.wsj.com time to read: 1 min

Jessica AlbaThe Honest Co., the diaper and detergent company co-founded by the actress, went public in 2021, with the company valued at $1.4 billion. The stock has since slumped, and the company was valued at about $254 million as of March 15, 2023. Paul Zimmerman/Getty

☆ Meet the 8 Black and Latina female founders whose startups have reached a $1 billion valuation or higher
▼ + stars: | 2023-03-09 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

A report found nine Black and Latina female founders have reached a $1 billion or higher valuation. The biennial report, which Project Diane and the organization DigitalUndivided released Wednesday, compiled data from more than 750 Latina and Black female founders who have received outside funding. The report also found that there are now more than 350 Black and Latina female founders who have raised at least $1 million in funding, and at least nine Black and Latina female founders have reached a $1 billion valuation. Here are eight Black and Latina female founders who have achieved this feat, in order of the highest current valuation. Each company on this list has at one point achieved a $1 billion valuation, but some have lost that value over time.

☆ This steel producer can rally 15% as companies move supply chains closer to U.S., Morgan Stanley says
▼ + stars: | 2023-03-06 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Terniun is expected to perform better in the year ahead, helped in part by moves to bring supply chains closer to the U.S., according to Morgan Stanley. Analyst Carlos De Alba upgraded the stock to overweight from equal weight and increased his price target to $52 from $34. "We think TX shares will continue to work as profitability inflects higher," he said in a note to clients Sunday. "We believe Ternium's profitability has reached an inflexion point, which historically has proven a good entry point for the stock." Going forward, he said the stock will be a beneficiary as companies try to bring their supply chains closer to where they are located, a trend dubbed "nearshoring."

☆ Horses on the catwalk: Stella McCartney pushes leather-free style
▼ + stars: | 2023-03-06 | by ( Mimosa Spencer | ) www.reuters.com time to read: +2 min

[1/2] Models present creations by designer Stella McCartney as part of her Fall-Winter 2023/2024 Women's ready-to-wear collection show during Paris Fashion Week in Paris, France, March 6, 2023. REUTERS/Sarah MeyssonnierPARIS, March 6 (Reuters) - Stella McCartney drove home her leather-free fashion message by sending a team of horses to canter alongside models wearing styles crafted from new, eco-conscious materials. "I just really want to show everyone in the world - and the world of fashion - that you don't really need to do that," she said. At the show in the Ecole Militaire stables in Paris, seven horses, guided by their trainer, Jean-Francois Pignon, performed individually and in formation. LVMH owns a minority stake in the label and McCartney serves as environmental adviser to the entire luxury group.

☆ Fact Check-Video does not show Romanian army entering Moldova
▼ + stars: | 2023-03-03 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A video of Romanian tanks rolling along a street has been shared online accompanied by a false claim that it shows Romania’s army entering Moldova. “New footage of Romanian army entering Moldova,” said one Twitter user sharing the footage on Feb. 25 (here ). Gen. Constantin Spinu, the Romanian Ministry of National Defence (MoND) spokesperson, said that claims of Romania moving military equipment to the Moldovan border were false. Other videos posted on social media that show the rehearsals in Alba Iulia also show a procession of five tanks, as seen in the shorter clip (here ) (here ). The video was filmed in Alba Iulia, hundreds of kilometres away from Moldova, and the defence ministry says it was likely taken during rehearsals for Romania’s National Day.

[1/5] View of boats stuck in a sea with invasive green water hyacinth weed at the Hartbeespoort dam, informally known as "Harties", a small resort town in the North West Province of South Africa, February 16, 2023. REUTERS/Shafiek TassiemHARTBEESPOORT, South Africa, March 1 (Reuters) - The Hartbeespoort dam in South Africa used to be brimming with people enjoying scenic landscapes and recreational water sports. Now, the visitors are greeted to the sight of boats stuck in a sea of invasive green water hyacinth weed. Scientists and community members have, however, found a unique way to deal with the invasion by introducing a water hyacinth eating bug called Megamelus scutellaris. The insect army has previously reduced the expanse of water hyacinths to a mere 5% on the dam, Coetzee said.

Sen. Dan Sullivan, R-Alaska, on Sunday called for "extensive public hearings" if the U.S. intelligence community conclusively determines that Covid-19 leaked from a Chinese laboratory. The committee is "reviewing the classified information provided," the spokesperson said. "There is a variety of views in the intelligence community. Some elements of the intelligence community have reached conclusions on one side, some on the other. "But right now, there is not a definitive answer that has emerged from the intelligence community on this question."

☆ Dow said it was recycling our shoes. We found them in Indonesia
▼ + stars: | 2023-02-25 | by ( ) www.reuters.com time to read: +19 min

While the sample was small, the fact that none of these shoes made it to a Singapore recycling facility underscores weaknesses in the system. Dow said these builds will use the 10,000 kilograms (22,000 pounds) of recycled shoe material that have been produced through the Singapore recycling project so far. Reuters had dropped those shoes into a Dow recycling bin at a Singapore community center in September, three months earlier. Recycling flopsThis is not the first novel recycling scheme launched by Dow that hasn’t lived up to its billing. In its Jan. 18 statement, Dow said the shoe recycling partners are “energized by the common vision of sport championing a greener and more sustainable Singapore.” Dow did not comment on the Journal of Consumer Psychology study.

☆ Warner Bros Discovery CEO David Zaslav faces complex challenges as a combined HBO Max-Discovery streamer preps to launch this spring and staffers fear more layoffs and cuts
▼ + stars: | 2023-02-22 | by ( Lucia Moses | Claire Atkinson | ) www.businessinsider.com time to read: +8 min

CEO David Zaslav is expected to provide an update of the company's financials and outlook for the year ahead. WBD also shed more than half its stock price since the merger deal closed April 8, before a more recent partial recovery. But optimism around the company seems to be based on the feeling that things can only go up from here. Discovery to $20 from $16, assuming the heaviest cost cutting is done and despite the fact that the near-term ad outlook is poor. Legacy Warner ad salespeople in particular are frustrated over this approach and worried it'll cost them in the form of a smaller annual bonus than they've come to expect in years past.

☆ Analysis: Scotland's Sturgeon bows out at 'critical moment' for independence fight
▼ + stars: | 2023-02-15 | by ( Alistair Smout | ) www.reuters.com time to read: +5 min

While Sturgeon said she was "firmly of the view that there is now majority support for independence in Scotland", the polls suggest there is more work to do. In the aftermath of the court ruling, some polls showed a majority support for independence, but that has recently come down back towards 2014 levels. "If that stops being the case, then that really could knock them back, and really could damage the cause of Scottish independence." "The movement has been left with no clear strategy for independence," Salmond, who now leads the Alba party, said. "Voters see no clear successor to (Sturgeon) - it illustrates how dominant a figure she has been for so long," pollster Mark Diffley said.

WASHINGTON — President Joe Biden will meet with House Speaker Kevin McCarthy, R-Calif., on Wednesday, a White House official confirmed to NBC News, amid Republicans’ debt-ceiling showdown with Democrats. McCarthy first announced that he'll meet Biden this week to discuss the debt ceiling in an interview on CBS’ “Face the Nation” earlier Sunday. The House speaker said Republicans would not allow the U.S. to default and expressed an interest in reaching an agreement with the president. House Republicans have been demanding spending cuts in exchange for lifting the debt ceiling and averting a default on U.S. debt. The White House previously said there won’t be any negotiations, and Congress must allow the government to pay its bills.

If you're worried about market volatility, financial planner Alex Alba recommends moving your money out of the stock market. Put one to five years worth of expenses in a CD or high-yield savings account instead. The remaining amount can be split up in these three places, if you're worried about a recession that could cause big swings in the stock market. High-yield savings accountAlba's next recommendation is to move some of your retirement nest egg into a high-yield savings account. However, money kept in high-yield savings accounts isn't going to decrease in value the same way that money in the stock market might during volatile periods.

☆ Substitute Pedri earns Barcelona 1-0 win at Girona
▼ + stars: | 2023-01-28 | by ( Fernando Kallas | ) www.reuters.com time to read: +2 min

GIRONA, Jan 28 (Reuters) - Pedri celebrated his 100th match for Barcelona as he came off the bench and scored from close range in the second-half to give the LaLiga leaders a hard-fought 1-0 win at Girona on Saturday. With forwards Robert Lewandowski and Ferran Torres suspended and midfielder Pedri recovering from muscle discomfort, Barcelona coach Xavi Hernandez opted to rotate his side on a chilly afternoon at Montilivi. Despite having almost 70% of possession in the first half, Barcelona struggled to break the deadlock against Girona’s low block. Barcelona finished the match with only three shots on target, having made the most of their only clear opportunity. "I believe that in these games you have to win it in any way possible," Barcelona defender Jules Kounde told DAZN.

WASHINGTON — President Joe Biden will name Jeff Zients to serve as his next chief of staff, replacing Ron Klain who is expected to leave in the coming weeks, an administration official and a person familiar with the matter told NBC News. Zients, who previously led the Biden administration’s Covid-19 response, left the administration briefly last April, but returned in the fall just before the midterm elections. News of Zients' selection was first reported by The Washington Post. Klain, who has served in the top role for more than two years, is expected to depart the Biden administration after the president's State of the Union address early next month, according to two sources familiar with the decision. Check back later for updates.

The White House and U.S. Secret Service said Monday they do not maintain visitor logs for President Joe Biden’s personal home in Wilmington, Del., a day after a top House Republican called for their release. “Like every President across decades of modern history, his personal residence is personal,” White House counsel’s office spokesman Ian Sams said in a statement. The White House acknowledged on Saturday that more pages with classified markings were discovered at Biden's Delaware home than had been previously disclosed. On Saturday, the White House said additional pages marked classified from the Obama administration were found at Biden’s Wilmington residence, in addition to the two batches that were previously disclosed earlier in the week. In a Sunday interview with CNN”s “State of the Union,” Comer was pressed why his committee was focused on Biden’s documents but not Trump’s.

☆ Truffle hunters in Italy are poisoning their competitors' dogs with snail bait in a war for the 'black gold' that goes for up to $5,000 per pound
▼ + stars: | 2023-01-15 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Truffle foragers in Italy have long sought to get rid of competition in search of "black gold." "It's all about getting rid of the competition," The Wall Street Journal reported Saverio Dogliani, a 57-year-old truffle hunter whose dog, Floki, has been poisoned twice, said. PHILIPPE LOPEZ/AFP via Getty ImagesThe poisoned treats claim the lives of multiple dogs and wildlife such as deer and foxes, each year. A group of truffle hunters wearing camouflage searched the area where Brando was poisoned, hoping to rid the brush of leftover poison. "It's getting worse," Agent Emanuele Gallo told The Wall Street Journal.

☆ Morgan Stanley upgrades Cleveland-Cliffs to overweight, says steel producer can jump 35%
▼ + stars: | 2023-01-12 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +1 min

A recent jump in fixed annual steel price contracts should boost free cash flow for mining company Cleveland-Cliffs , making now a good time for investors to snap up shares, according to Morgan Stanley. Morgan Stanley upgraded the company to overweight from equal-weight and boosted its price target to $26 from $13.60 in a Wednesday note. The company announced in December an increase to its annual price contracts for auto customers — their largest end market. In addition, Morgan Stanley thinks that those increases in fixed price contracts are not fully baked into sell-side consensus estimates. "This should provide further clarity and greater confidence to the market on the impact of the increase in the annual fixed price contracts."

☆ Saudi shares make positive start to 2023
▼ + stars: | 2023-01-01 | by ( Shamsuddin Mohd | ) www.reuters.com time to read: +1 min

Jan 1 (Reuters) - Saudi Arabia's stock market rose on Sunday, starting 2023 on a positive note in line with the country's economic forecast, while region's other major markets were closed and many investors absent because of year-end holidays. The kingdom approved a 1.114 trillion riyal ($296.39 billion)- budget for 2023, forecasting a surplus at 0.4% of gross domestic product, down from an expected 2.6% in 2022. Saudi Arabia's benchmark index (.TASI) rose 0.7%, with oil behemoth and index heavyweight Saudi Aramco (2222.SE) increasing 0.9% and Sulaiman Al-Habib Medical Services (4013.SE) advancing 1%. In Oman, the stock index (.MSX30) gained 0.8% as Aluminium Bahrain (Alba) (ALBH.BH) jumped 3.8% while Bahrain Telecommunications (Batelco) (BTEL.BH) was up 3.2%. read more($1 = 3.7585 riyals)Reporting by Shamsuddin Mohd in Bengaluru; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

President Zelenskyy is an inspiring leader. He's expected to visit the White House before addressing a joint session of Congress at the Capitol. A group of soldiers who helped defend Bakhmut gave him a Ukrainian flag and asked him to get it to Congress — and the Ukrainian president promised to give it to Biden himself. We will pass it on from the boys to the Congress, to the president of the United States. We are grateful for their support, but it is not enough.” Share this -Link copied

WASHINGTON — Officials in Washington are preparing for a possible visit from Ukrainian President Volodymyr Zelenskyy on Wednesday, according to five sources familiar with the planning. Zelenskyy could address a joint session of Congress on Wednesday evening, three sources said. A European official also familiar with the planning confirmed that preparations are underway for a potential visit Wednesday. House Speaker Nancy Pelosi, D-Calif., suggested members attend Wednesday's session in person in a letter to colleagues Tuesday. Weeks after the war got underway in March, Zelenskyy made an emotional virtual address to Congress asking for support with more aggressive measures to curb the conflict.

☆ Jan. 6 committee live updates: Panel to vote on criminal referrals, adopt final report
▼ + stars: | 2022-12-19 | by ( Summer Concepcion | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Summer-Concepcion-Byline-Jm.Jpg | ) www.nbcnews.com time to read: +10 min

The committee's final public meeting is getting underway The Jan. 6 committee has gaveled in for its final public meeting. Key aides, however, aren’t expected to provide any formal reaction or weigh in on any of the possible criminal referrals and will likely defer to the Justice Department, these sources say. Share this -Link copiedHouse Republicans planning their own report to counter committee Republicans plan to release a counter report designed to serve as a rebuttal to the Jan 6 committee’s final report. Axios was first to report of the GOP plans to counter the Select Committee’s report. The committee will likely reveal Eastman’s referrals during Monday’s meeting, in addition to expected criminal referrals for Trump.

☆ Dogs Pay the Price in Italian Truffle War
▼ + stars: | 2022-12-18 | by ( Margherita Stancati | Photographs Francesca Volpi For The Wall Street Journal | ) www.wsj.com time to read: 1 min

ALBA, Italy—Kira trotted into the misty forest, sniffing forensically around the oaks and poplars where hounds have long hunted for the precious white truffles for which this part of northern Italy is famed. But Kira, a police dog, was hunting for poison.

☆ Latin American leftist bloc closes ranks behind deposed Peruvian president
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +2 min

[1/2] Demonstrators gather as the government announced a nationwide state of emergency, following a week of protests sparked by the ousting of former President Pedro Castillo, in Cuzco, Peru December 14, 2022. REUTERS/Alejandra OroscoHAVANA, Dec 15 (Reuters) - A bloc of left-wing countries meeting in Havana on Wednesday closed ranks in support of the ousted former president of Peru, Pedro Castillo, amid protests and roadblocks in the South American nation that have left at least eight dead. Castillo's former vice president Dina Boluarte was sworn into office after his removal. On Monday, the governments of Mexico, Bolivia, Colombia and Argentina called for the protection of Castillo's human and judicial rights. Reporting by Marc Frank; additional reporting by Nelson Acosta; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ Morgan Stanley upgrades Vale, says China reopening and iron ore price jump could help mining stock
▼ + stars: | 2022-12-09 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Vale has a "cocktail of positive catalysts" that will boost the stock in 2023 and beyond, according to Morgan Stanley. The Brazil-based mining company is mainly focused on iron ore and nickel. The stock will be helped by rising prices for iron ore, which Morgan Stanley is bullish on during the first half of 2023. Iron ore trades at about $109 per ton, which is up from $80 in early November, but could rise to $140 in the second quarter of 2023 as Chinese steel output improves while iron ore supply seasonally falls. Reopening measures in China should also help the stock as it's tied directly to iron ore production abilities.

☆ Nutella maker Ferrero scoops up owner of Blue Bunny ice creams
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +2 min

Wells, which was founded in 1913 as a dairy delivery wagon business, has become the world's largest family owned and managed ice cream company. "This represents a win-win partnership, bringing together ice cream experts and confectionery champions," Giovanni Ferrero said in a statement. "Together, we have the power of one and are well placed to grow and compete in the ice cream market," he added. Ferrero bought Spanish ice cream company ICFC in a two-stage deal in 2019 and 2021. The Wells' transaction, subject to customary closing conditions, is expected to close in early 2023.

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