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☆ Cognizant ropes in JLL for sale of its world's largest facility: sources
▼ + stars: | 2023-11-30 | by ( Sai Ishwarbharath B | ) www.reuters.com time to read: +2 min

JLL and SIPCOT did not respond to Reuters' requests for comment. The campuses sit on land spanning over 49 acres having 16,500 seats, according to the company's presentations done for green energy certifications. It is an attempt "by Cognizant and other IT firms to decentralize their talent models to lower-cost locations," said Peter Bendor-Samuel, CEO at research firm Everest Group. The focus on smaller cities also comes at a time when many IT employees are reluctant to move back to big cities after shifting to their hometowns during the worst of the pandemic. Reporting by Sai Ishwarbharath B; Editing by Dhanya Skariachan and Shweta AgarwalOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Cognizant, SIPCOT, Peter Bendor, Samuel, Sai Ishwarbharath, Dhanya Skariachan, Shweta Agarwal Organizations: REUTERS, Rights, Software, Reuters, State Industries Promotion Corporation, Tamil, Everest Group, Thomson Locations: Chennai, Teaneck , New Jersey, Tamil Nadu

☆ Room for improvement for Red Bull? Rivals hope not
▼ + stars: | 2023-11-27 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

Red Bull will hope to defend their titles in 2024, when there will be a record 24 races, with an even better car. "This car is going to go down in the history books as a very, very special car," Horner said of the RB19. Sergio Perez was eclipsed by his team mate, with plenty of speculation about his Red Bull future earlier in the year, yet still finished overall runner-up. "There is a Mount Everest to climb in order to catch up with Red Bull," Mercedes team boss Toto Wolff told reporters on Sunday. Despite their dominance, Red Bull took 'only' 14 poles from 22 races.

Persons: Horner, Abu, Max Verstappen, Red Bull, It's, Mercedes, Sergio Perez, he'll, Toto Wolff, Lewis Hamilton, Bull, Stefano Domenicali, McLaren, Ferrari's Charles Leclerc, Verstappen, Domenicali, Alan Baldwin, Pritha Sarkar Organizations: Bull, Prix, Red, Sky Sports, Thomson Locations: Abu Dhabi, Singapore, Red

☆ Tea, a Train and an Epic Sunrise at a Summer Retreat of the Raj
▼ + stars: | 2023-11-21 | by ( Romy Gill | ) www.nytimes.com time to read: +2 min

I’ve seen some incredible sunrises over the years, but this was something else: It was an experience that stole my heart. The entire experience at Tiger Hill lasts for about 30 to 45 minutes. For me the entire spectrum of colors during the Tiger Hill sunrise created a magical and surreal experience, with the play of light and shadow against the Himalayan peaks. The one big disappointment — both on Tiger Hill and elsewhere in Darjeeling — was the mess. Tourists leave their litter everywhere, putting these landscapes at risk: something we need to be more mindful of to preserve these sites for the generations to come.

Persons: You’d Organizations: Everest Locations: Tiger, Darjeeling —

☆ Ex-Meta staffers see booming business targeting online disinformation after two wars break out
▼ + stars: | 2023-11-17 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +15 min

Wagner left Facebook parent Meta last year, and her work in trust and safety feels like it was from a prior era. One of her first investments was in a startup called Cove, which was founded by former Meta trust and safety staffers. "One thing I would recommend is transparency at a time where third-party access and understanding to what is going on at scale on social platforms is what is needed." Post is an example of the kinds of companies that trust and safety startups are focused on. Fishman said customers are starting to see trust and safety tools as almost an extension of their cybersecurity budgets.

Persons: Joshua Bratt, Lauren Wagner, Wagner, Mandel Ngan, Roblox, Wagner's, Michael Dworsky, it's, Mason Silber, Donald Trump, Manu Aggarwal, Aggarwal, Abhijnan Dasgupta, Sara Ittelson, Ittelson, Cove's Dworsky, they'd, Alex Goldenberg, Noam Bardin, he's, Bardin, that's, Brian Fishman, Cinder, Fishman Organizations: Meta, Facebook, Hamas, Twitter, Radium Ventures, White, AFP, Getty, CNBC, Innovation Labs, Google, Apple, Republican, Everest Group, Accenture, Genpact, Big Tech, Tech, Venture, Accel, European, Digital Services, Defamation League, Network, Research, Rumble Locations: King's Cross, London, Israel, Washington ,, San Francisco, Russia, Ukraine, Georgia, Cinder, who's, ActiveFence

REUTERS/Dado Ruvic/File Photo Acquire Licensing RightsBENGALURU, Nov 9 (Reuters) - Wipro (WIPR.NS) may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo seen by Reuters. Wipro will prioritise employees with lower compensation among those eligible for a raise, Bandaru highlighted, adding that "top performers with higher compensation may not be covered in this cycle". Wipro, which had 244,707 employees as of Sept. 30, had already delayed its salary hike cycle. Some industry watchers said the move echoed a larger trend in the tech industry as it tried to address pay inequities among regions and cut payroll costs. While Infosys (INFY.NS) delayed giving hikes by two quarters, HCL (HCLT.NS) skipped hikes for managers.

Persons: Dado, Peter Bendor, Samuel, Ray Wang, Sai Ishwarbharath, Haripriya Suresh, Dhanya Skariachan Organizations: Wipro, REUTERS, Rights, Reuters, Employees, Wipro Enterprise, Everest Group, ”, Infosys, HCL, Thomson Locations: Bengaluru

☆ Insurers can underwrite dirty energy with impunity
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 9 (Reuters Breakingviews) - Insurers used to get heat for underwriting fossil fuels. Membership of bodies like the Net-Zero Insurance Alliance (NZIA) was supposed to mean financial groups would cease supporting oil, gas and coal, speeding the pace of decarbonisation. Similarly, five of the Lloyd’s insurance market’s managing agents – RiverStone, Chaucer, RenaissanceRe, Ascot and Aegis – have not implemented any restrictions on fossil fuels. Insurers have even fewer qualms about supporting oil and gas. Governments have made energy security a key priority since Russia’s invasion of Ukraine, and can reasonably argue that abrupt halts to backing fossil fuels will just mean higher energy prices.

Persons: Warren, Berkshire Hathaway, Starr don’t, – RiverStone, Chaucer, Insuramore, Pamela Barbaglia, George Hay, Oliver Taslic Organizations: Reuters, Zero Insurance, Axa, Everest, Aegis, Reuters Graphics, X, Bayer, SEC, Paramount, Thomson Locations: Zurich, PICC, RenaissanceRe, Ascot, Ukraine

☆ Extraordinary photos reveal the secret kingdom of the soil
▼ + stars: | 2023-11-08 | by ( Nell Lewis | ) edition.cnn.com time to read: +7 min

It’s a scene most of us might associate with an open savannah in a nature documentary, but photographer Andy Murray is watching the drama unfold from his back garden in Somerset, UK. To Murray, these microscopic soil animals are as fascinating as the lions and zebras you might see on safari – just far more accessible, if you know where to look. “They live in this tiny world; it works like our world, it’s just on a really small scale,” he tells CNN. Andy MurrayYet despite this wealth of life, the creatures living in the soil beneath our feet are relatively unknown. “He captures moments of soil life doing interesting and cool things,” says Anthony, such as laying eggs in a place where we would never expect.

Persons: Andy Murray, He’s, Murray, ”, “, Mark Anthony, Anthony, they’ve, it’s Organizations: CNN, United Nations, Food, Agricultural Organization, Swiss Federal Research Institute for Forest, Research Locations: Somerset, Mexico City, Europe, Australia, New Zealand, Tasmania

A general view of the Bank of England in the City of London, Britain, September 25, 2023. In making that call the BoE report focuses mostly on consumption, which it estimates makes up about 60% of GDP. As a result, the BoE expects the fallout from rate moves to date to "grow over time" even if one-off quarterly hits have peaked. And whatever the slow-burning hit to growth and consumption, inflation surprises could well change the increasingly comfortable markets picture. BOE chart on GDP outlookBOE chart on consumption hit from rate risesReuters Graphics Reuters GraphicsThe opinions expressed here are those of the author, a columnist for Reutersby Mike Dolan X: @reutersMikeD; editing by David EvansOur Standards: The Thomson Reuters Trust Principles.

Persons: Hollie Adams, Huw Pill, what's, BoE, Modupe Adegbembo, Andy Burgess, BOE, Mike Dolan, David Evans Organizations: Bank of England, City of, REUTERS, Bank, Reuters, AXA Investment Managers, Thomson Locations: City, City of London, Britain, British

☆ Chunks of an alien world could be hidden deep within our planet, say scientists
▼ + stars: | 2023-11-01 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +7 min

This alien planet, Theia, was thought to have completely disappeared in the collision. AdvertisementAdvertisementAs well as shedding new light on the inner workings of our planet, scientists hope they will one day have access to these slabs of alien rock to reveal, once and for all, how our moon formed. The assumption has long been that Theia melded into moon, the Earth's mantle, and its core, in effect disappearing completely. Previous theories have suggested this core-mantle boundary could be made up of bits of ancient ocean floors. The problem is that the core-mantle boundary is very far from the surface — about 1,800 miles.

Persons: Theia, Vincent Eke, Jacob A, haven't, Edward Garnero, Li, Hongping Deng, Everest, Deng, Christian Schroeder Organizations: Service, Arizona State University, Chinese Academy of Sciences, Durham University, University of Stirling Locations: Theia, Iceland, Samoa

☆ Dinosaur-killing asteroid impact fouled Earth's atmosphere with dust
▼ + stars: | 2023-10-30 | by ( Will Dunham | ) www.reuters.com time to read: +5 min

The total amount of dust, they calculated, was about 2,000 gigatonnes - exceeding 11 times the weight of Mt. While prior research highlighted two other factors - sulfur released after the impact and soot from the wildfires - this study indicated dust played a larger role than previously known. "It was cold and dark for years," Vrije Universiteit Brussel planetary scientist and study co-author Philippe Claeys said. "While the sulfur stayed about eight to nine years, soot and silicate dust resided in the atmosphere for about 15 years after the impact. "Without the impact, my guess is that mammals - including us - had little chance to become the dominant organisms on this planet."

Persons: grâce, Cem Berk Senel, Philippe Claeys, Özgür Karatekin, Karatekin, Claeys, Will Dunham, Rosalba O'Brien Organizations: Royal Observatory of, Vrije Universiteit Brussel, Nature, Dinos, Thomson Locations: North Dakota, WASHINGTON, Yucatan, Everest, Dakota, Royal Observatory of Belgium, Vrije, Belgium

☆ Weddings at the Edge of the World
▼ + stars: | 2023-10-28 | by ( Sakeina Syed | ) www.nytimes.com time to read: +1 min

To reach their wedding venue, Austin O’Reilly and Iulia O’Reilly crossed a swaying suspension bridge, trying not to glance down at the glacial river below. “You’re just hanging on for dear life and knowing that your wedding is at the other end of this trek,” at an altitude of 17,600 feet, Mr. O’Reilly said. When looking for a wedding venue in 2022, nothing felt right. “My dad jokingly was like, ‘What about Everest?’” Ms. O’Reilly, 26, said. “We really wanted something that would challenge us and represent our love for each other” said Mr. O’Reilly, an accountant at Deloitte.

Persons: Austin O’Reilly, Iulia O’Reilly, O’Reilly, “, ” Organizations: Seton Hall University, Deloitte Locations: New York, New Jersey

☆ Morning Bid: Megacaps scatter in the cloud
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. But after the S&P500 staged an impressive 0.7% bounce on Tuesday, futures were back in the red again ahead of the open. The negativity cut across what was otherwise a more upbeat macro picture and a calmer bond market following recent ructions. Chinese developer Country Garden (2007.HK) is deemed in default on a dollar bond for the first time, Bloomberg News reported. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Alphabet's, Microsoft's, Baker Hughes, Teradyne, Hess, Jerome Powell, Barbara Lewis Organizations: New York Stock Exchange, REUTERS, Big Tech, Google, Microsoft, Meta, IBM, Boeing, Bloomberg News, Treasury, Bank of Canada, Deutsche Bank, United Health, General Dynamics, Whirlpool, Otis, Hilton, U.S, Reuters, PMI, Thomson Locations: New York City, U.S, HK, United States, Europe, Worldline, Germany, Ameriprise, EQT, Washington

☆ The real science behind the mysterious 'Devil Comet' that's larger than Mount Everest and erupting for reasons scientists don't fully understand
▼ + stars: | 2023-10-21 | by ( Jessica Orwig | Charles R. Davis | ) www.businessinsider.com time to read: +4 min

It is larger than typical comets and has been dubbed the "Devil Comet" for appearing to have horns. We know it's rare," a researcher told Insider. We know it's rare," Kareta told Insider. When this happens, "the comet brightens really rapidly and then sort of fades back to the brightness it had before," he said. "And in Pons-Brooks, these are really, really bright — really, really large outbursts.

Persons: Pons, Brooks, —, Teddy Kareta, Kareta, it's Organizations: Service, Everest, Lowell Locations: —, Flagstaff , Arizona, Pons

☆ Tom Lee highlights the top picks in his winning portfolio that’s beating the S&P 500
▼ + stars: | 2023-10-19 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Fundstrat Global Advisors founder Tom Lee recently completed the quarterly rebalancing for his Granny Shots portfolio, a list of his top 36 stock picks which has consistently outperformed the market since its inception on Jan. 10, 2019. The Granny Shots portfolio, on the other hand, is up 157.3% in the same period, according to Fundstrat's website . This year alone, the Granny Shots portfolio's 19.33% rally has also outpaced the S & P 500's 13.9% gain. The portfolio takes its name from a style of underhanded shot in basketball that's considered to be highly efficient. Here are a few of the newest additions to Lee's Granny Portfolio.

Persons: Tom Lee, that's, Lee, Fundstrat's Mark Newton, Newton, Hess, Morgan Stanley, Oracle Organizations: Fundstrat Global, Granny, Jan, UST, Washington, Everest, Insurance, ISI, Oracle, CNBC, Caterpillar Locations: Fed

☆ Priced for earnings recession, European equities could weather storm
▼ + stars: | 2023-10-17 | by ( Joice Alves | ) www.reuters.com time to read: +5 min

After a long period of scepticism towards European equities, some investors and analysts are finding cause for optimism. European companies are expected to enter their first earnings recession - two consecutive quarters of falling earnings - since 2020. But European stocks are better priced for a recession than their U.S. counterparts, said Matthew McLennan, co-head of First Eagle’s Global Value team. First Eagle's McLennan said the weaker euro in part supported the outlook for European equities. "There's some possibility that European equities, by both their valuation and their currency valuation, could do better than U.S. equities over a period of time".

Persons: Jefferies, Mohit Kumar, LSEG, Matthew McLennan, Goldman Sachs, Oliver Collin, Europe's, Collin, LVMH, Ayesha Akbar, Eagle's McLennan, Joice Alves, Mark Potter Organizations: Silicon Valley Bank, Credit Suisse, Deutsche Bank, U.S, drugmaker Novo Nordisk, Fidelity, Thomson Locations: Frankfurt, Silicon, Germany, U.S

☆ India's Infosys cuts top end of FY revenue outlook
▼ + stars: | 2023-10-12 | by ( Sethuraman N R | ) www.reuters.com time to read: +2 min

The No.2 Indian software-services exporter said it now sees full-year revenue growth at 1%-2.5% on a constant currency basis, versus a prior view of 1%-3.5%. Consolidated net profit at Infosys rose to 62.12 billion rupees ($746.46 million) in the quarter ended Sept. 30, from 60.21 billion rupees a year ago. Analysts had expected a profit of 62.95 billion rupees, as per LSEG IBES data. Last month, leading global IT services provider Accenture forecast full-year earnings and first-quarter revenue below Wall Street targets. Large deal signing for Infosys jumped nearly three-fold from the year-ago period to $7.7 billion in the quarter.

Persons: Vivek Prakash, Peter Bendor, Indranil Sarkar, Nivedita Organizations: Infosys, Electronics City IT, REUTERS, Rights, Tata Consultancy Services, Everest Group, Reuters, Consolidated, Accenture, Sethuraman, Thomson Locations: Bangalore, U.S, Mumbai, Bengaluru

JERUSALEM, Oct 9 (Reuters) - Israel has suspended production at the Tamar gas field off its southern coast and will seek alternative fuel sources to meet its needs, the energy ministry said on Monday following three days of violence in the region. Chevron (CVX.N), which operates the field, confirmed it had been instructed by the ministry to shut down the field, which is a major source of gas to Israel's power generators and industry. "In the wake of the situation, Israel's defence establishment ordered the temporary suspension of natural gas supplies from the Tamar field," the energy ministry said in a statement. Israel's largest offshore gas field, Leviathan, continues to operate normally, Chevron said. Israel became a major regional gas supplier with the start of production at the Tamar field a decade ago, which was followed by several other gas developments.

Persons: Tamar, Benjamin Netanyahu's, Yisrael Katz, Israel, Dan Williams, Ari Rabinovitch, Ron Bousso, Jason Neely, Susan Fenton Organizations: Chevron, Energy, United Arab, Union Energy, Tamar Petroleum, Everest, Petroleum, Thomson Locations: Israel, Jordan, Egypt, Gaza, Yom, Ashdod, Israel's, Tamar, United Arab Emirates, Dor

☆ How this 77-year-old widow lost $661,000 in a common tech scam: 'I realized I had been defrauded of everything'
▼ + stars: | 2023-10-08 | by ( Greg Iacurci | ) www.cnbc.com time to read: +19 min

Older adults, many of whom have saved their entire careers for retirement, can have the most to lose. The Covid pandemic was a disproportionate threat to older adults, keeping Americans indoors and quickly pushing them online. Outcomes hinge on a complex web of federal and state rules that govern banking and elder financial fraud. Such "heightened procedures" to protect older adults are part of the bank's duty of care relative to older customers, the lawsuit said. Scammers had her wire funds from her PNC bank account to an account at the now-defunct Signature Bank in New York.

Persons: Marjorie Bloom, she'd, Bloom, Roth, Ester, Ester Bloom, Rebecca Keithley, —, they'd, I'm, Kathy Stokes, Keithley, General Merrick Garland, she'll, Marjorie Bloom Bloom, trekked, Mount, Kriangkrai, I've, There's, Sergio Flores, scammers —, Carla Sanchez, Adams, Sanchez, Banks, Marve Ann Alaimo, Porter Wright Morris, Arthur, Alaimo, Cryptocurrency, Scammers, scammers, it's, Patrick Wyman, Wyman, Al Drago Organizations: PNC Bank, Finance, CNBC, Federal Bureau of Investigation, PNC, FBI, Social, Department of Justice's, Vanguard Group, Federal, Consumer Finances, AARP, Microsoft, Department of Energy, Guaranty Corporation, U.S, North Dakota ., Everest Base, Social Security, North Bethesda Camera, PNC Bank —, District of Columbia, Bloomberg, Getty, National Consumer Law, Signature Bank, Asset Unit Locations: Chevy Chase , Maryland, U.S, Vietnam, Mount Everest, North Dakota, liquidating, Nepal, Marjorie Bloom Maryland, District, —, Maryland, PNC, New York, Cayman Islands, Washington ,

☆ Current UAW demands could increase EV prices up to $5,000 — and 'torpedo' Ford and GM's business model, analyst says
▼ + stars: | 2023-09-27 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementThe current demands from the United Auto Workers union in their labor talks with Ford, GM, and Stellantis could make electric vehicles even more expensive, one analyst said. Ives, a prominent Tesla bull, has said that CEO Elon Musk is poised to come out the winner in the contentious Detroit labor talks. Workers can't be left behind," UAW President Shawn Fain told reporters Tuesday after President Biden's visit to a GM picket line. "We're not against a green economy, but we're against a green economy and the workers get left behind.

Persons: Dan Ives, —, Stellantis, Joe Biden, Ives, Elon Musk, Tesla, Ford, Jim Farley, Shawn Fain, Biden's, We're, It's Organizations: Ford, GM, Tesla, Service, United Auto Workers, Detroit, UAW, Musk's EV, Toyota, Honda, CNBC, Workers Locations: Detroit

☆ How insurance companies are battered by hurricane season and climate change
▼ + stars: | 2023-09-24 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Insurance companies are in a tough spot with this year's stronger-than-average hurricane season, while climate-related perils continue to push catastrophe losses higher. Adding fuel to the industry's woes is the higher frequency of secondary perils, such as wildfires and flooding, due to climate change. These increased occurrences have been slowly adding to primary insurers' catastrophe losses and limiting profitability. While the industry is currently in the middle of peak hurricane season, insurance stocks typically rebound when the size of the insured losses become apparent or are announced by the companies, according to Piper Sandler. Insurance stocks tend to fall initially as big hurricanes near landfall and the likely extent of damage is appraised.

Persons: Piper Sandler, Paul Newsome, Newsome, Chubb, Bob Huang, Morgan Stanley, Huang Organizations: Atlantic, . Insurance, Insurance, Allstate, American International Group, Progressive, Universal Insurance Holdings, Everest Re Locations: Florida, Maui, Hawaii, California

☆ Earth's mysterious core is weirder than you think, and we're only just beginning to uncover its secrets
▼ + stars: | 2023-09-22 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +8 min

Earth's core has baffled researchers for decades, and it still contains many secrets. AdvertisementAdvertisementA diagram shows the Earth's magnetic field deflecting waves of energy coming from the sun. The strength of Earth's magnetic field in 2020, as measured by the European Space Agency's SWARM satellites. The Earth's inner core may be spinning and might sometimes flip backwardThe core itself is not uniform. A graphic showing how iron crystals may be distributed and moved around the Earth's inner core.

Persons: Andrew Z, Colvin, Lutz Rastaetter, Christopher C, Finlay, al, Edward Garnero, Li, Lindsey Kenyon, Samantha Hansen, Insider's Morgan McFall, Johnsen, Chris Panella, John Vidale, UC Berkeley seismologist Daniel Frost, LiveScience Organizations: Service, NASA, Modeling, NASA Goddard Space, Wikimedia, German Research Center, Geosciences, European Space Agency, Arizona State University, Lindsey, University of Alabama, University of Southern, Washington Post, UC Berkeley Locations: South America, Antarctica, University of Southern California, Banda

☆ Reactions: Bank of England bashes pound after halting rate rises
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +8 min

A pedestrian carrying an umbrella walks near the Bank of England in the City of London, Britain, July 30, 2023. Investors had already rushed on Wednesday to reel in their bets on further UK rate rises after data showed UK inflation cooled surprisingly quickly in August. Against the euro , the pound was down 0.5% at 86.74 pence, having traded around 86.70 pence before the decision. "The MPC still refers to its flexibility to react should things change, but the chances are this could be the peak in this UK interest rate cycle." "However, there is a risk that the ‘lag effect’ on interest rate hikes means that today’s decision may not be felt for another 9 to 12 months."

Persons: Hollie Adams, Sterling, THOMAS, Huw Pill's, HUGH GIMBER, PHILIP SHAW, DOUGLAS GRANT, JEREMY BATSTONE, CARR, RAYMOND JAMES, FRANCES HAQUE, JOE TUCKEY, RICHARD GARLAND, GILES COGHLAN, BoE, stagflation, Amanda Cooper, Dhara Organizations: Bank of England, City of, REUTERS, London, Investors, Bank of, Bank, MPC, SANTANDER, LONDON, Core CPI, PMI, CPI, EMEA, Thomson Locations: City, City of London, Britain, London, MANX, EUROPEAN, FRANCE, GROUP, OXFORDSHIRE

☆ These stocks could break out to new highs if the Fed is viewed as market-friendly
▼ + stars: | 2023-09-20 | by ( Brian Evans | ) www.cnbc.com time to read: +5 min

Some stocks that were trading near 52-week highs before the Fed decision could now ride the coattails of the latest interest rate decision and move higher. Boston Scientific's previous 52-week high stood at $54.99 . Meanwhile, credit card giant Mastercard is well within striking range of a new 52-week high, with shares only 1.21% away from the benchmark. Some stocks that were trading near 52-week highs before the Fed decision could now ride the coattails of the latest interest rate decision and move higher. Consensus analyst estimates forecast a 10.4% rally to Arch Capital stock.

Persons: yearend, Jerome Powell, Drew Angerer, Baker Hughes Organizations: Fed, Federal, CNBC, CNBC Pro Stock, Boston Scientific, Boston Scientific's, Boston, Mastercard, Arch Capital, Arch Capital Group, . Federal, Federal Reserve, Washington , D.C, Getty, Capital Group, AIG American International Group, Amphenol, Bunge, Boston Scientific Corp, Design Systems, Everest Group, Emerson Electric Co, HAL Halliburton, ICE, Exchange, Jacobs Solutions, Mckesson, E Corp, Services, Constellation Brands, Targa Resources Corp, Visa Locations: Washington ,

☆ Earth's mysterious core may be encased by an ancient ocean floor that has mountains 5 times taller than Everest
▼ + stars: | 2023-09-14 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

They believe an ancient ocean floor may be wrapped around our planet's mysterious core. The research suggests that Earth's core could be encased in an ancient ocean floor that features giant mountains five times the size of Mount Everest. Scientists have found looking at data from earthquakes that there may be a layer of ancient ocean floor coating the Earth's core. For them, the answer was clear: the layer was likely bits of ancient ocean floor, gobbled up over the ages from the surface as tectonic plates stretched and squished together. Due to its composition, the ocean floor is a perfect candidate for this layer, Hansen said.

Persons: Samantha Hansen, Lindsey Kenyon, Hansen, It's Organizations: Service, Everest, University of Alabama Locations: Antarctica, Hawaii

☆ The world’s biggest national park is larger than most countries
▼ + stars: | 2023-09-12 | by ( Joe Yogerst | ) edition.cnn.com time to read: +8 min

Sagarmatha National Park in Nepal safeguards the southern slopes of Mt Everest, the world’s highest peak at 8,849 meters (29,032 feet). Venezuela’s Canaima National Park is home to Angel Falls, the world’s tallest waterfall at 979 meters (3,212 feet). Larger than Delaware and roughly the same size as Wales, Yellowstone was considered huge when it became the world’s first national park in 1872. North AmericaSprawling across nearly half of the world’s largest island, Northeast Greenland National Park is currently the globe’s single largest national park and biggest land-based protected area. Imaginechina Limited/Alamy Stock PhotoDespite being the largest continent, Asia has fallen behind in the race for the world’s largest national parks.

Persons: Venezuela’s, there’s, ”, Mette Pike Barselajsen, Mercedes, China’s, Martin Harvey, Naukluft, it’s, Claire Christian Organizations: CNN, National, United Nations, Nanu, South America, Colombia Oculta, Simpson, Mercedes Benz G, Imaginechina, Bank, Getty, Conservation, Antarctic & Southern Ocean Coalition, Antarctic Locations: Nepal, Mt, Angel Falls, Angkor, Cambodia, Delaware, Wales, Yellowstone, North America, Greenland, Ittoqqortoormiit, “, East Greenland, South, Patagonia, Colombia, Australia, South Australia, Asia, Qinghai Province, Europe, Africa, Africa’s, Zambia, Zimbabwe, Mozambique, Angola, Namibia, Antarctica

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