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[1/3] The 76th Cannes Film Festival - Photocall for the film "How to Have Sex" in competition for the category Un Certain Regard - Cannes, France, May 19, 2023. However, there was a slight hiccup: Molly Manning Walker was not in the room when the award for her debut feature was announced. The first Sudanese film to be included in the Cannes official selection, "Goodbye Julia," took the freedom award. Director Mohamed Kordofani thanked the Sudanese people for their support as well as for not giving up. "Un Certain Regard" is a competition focused on arthouse films that runs parallel to the main competition, the Palme d'Or, which will be announced on Saturday.

☆ MLB roundup: Surging Cardinals down Dodgers for fourth straight series win
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +12 min

Cardinals starter Jack Flaherty allowed three runs on four hits and four walks with five strikeouts in 4 2/3 innings. Yankees 4, Reds 1Harrison Bader belted a two-run homer and Luis Severino pitched effectively into the fifth inning in his season debut, lifting New York past host Cincinnati. The 2-0 cushion proved enough to send the Phillies to a second straight win after losing five straight. In his fourth appearance, the left-hander went six innings and allowed one run on one hit, one walk and a career-high seven strikeouts. Mariners starter George Kirby (5-3) pitched seven innings and allowed three runs on six hits, one walk and six strikeouts.

☆ Erdogan's election lead leaves Turkey's opposition reeling and an economy on the brink
▼ + stars: | 2023-05-19 | by ( Natasha Turak | ) www.cnbc.com time to read: +9 min

Since neither candidate won more than 50% of the vote, however, the election will go to a runoff on May 28. They also reveal that despite Turkey's current economic turmoil, tens of millions of Turks still see Erdogan as their only viable leader. Supporters of Turkish President Recep Tayyip Erdogan celebrate at the AK Party headquarters garden on May 15, 2023 in Ankara, Turkey. Still, Kilicdaroglu's 44.9% of the vote is notable as the highest any opposition candidate ever received, said Orcun Selcuk, an assistant professor of political science at Luther College in Iowa, on Twitter. "The opposition clearly did not meet the expectations but it would be a misjudgment to say that opposition coordination failed.

☆ California to Pay $24 Million for Man’s Death in Police Custody
▼ + stars: | 2023-05-09 | by ( Mckenna Oxenden | ) www.nytimes.com time to read: +1 min

California is set to pay $24 million after reaching a settlement with the family of Edward Bronstein, who died in police custody three years ago after repeatedly yelling, “I can’t breathe,” while an officer knelt on his back, lawyers said on Tuesday. California Highway Patrol officers pulled over Mr. Bronstein, who was 38, on March 31, 2020, believing that he was driving under the influence of a drug, and they then tried to draw his blood. “We want them to pay in jail for taking a human life. These officers had no reverence for human life. They killed an innocent man.”In March, seven highway patrol officers and one nurse linked to the case were charged in Los Angeles County with involuntary manslaughter.

☆ MLB roundup: Padres prevail in offensive showcase in Mexico City
▼ + stars: | 2023-04-30 | by ( ) www.reuters.com time to read: +14 min

Trent Grisham hit a two-run double to increase the Padres' lead to 14-11 in the eighth. Machado had three hits with three RBIs and four runs, while Thairo Estrada had four hits and three RBIs for the Giants. Andujar went 2-for-3 with three RBIs, while Connor Joe went 1-for-4 with a solo homer and two runs for Pittsburgh. Patrick Corbin (1-4) gave up three runs on seven hits with two strikeouts and a walk in 5 1/3 innings. Nationals starter Chad Kuhl (0-2) allowed eight runs on seven hits with four strikeouts and four walks in just 3 2/3 innings.

☆ Digitized Silhouette Portraits Shed Light on 19th Century Life
▼ + stars: | 2023-04-29 | by ( Mckenna Oxenden | ) www.nytimes.com time to read: +1 min

More than two decades ago, the Smithsonian’s National Portrait Gallery acquired a 19th- century album filled with nearly 2,000 silhouette portraits, including those of two former presidents. Before displaying the cut-paper portraits, made by a traveling artist named William Bache, the museum needed to create a new, sturdier binding for the book. The museum put the collection online last month, allowing anyone to virtually thumb through the images and learn more about Bache’s life and work through an interactive timeline. Robyn Asleson, the museum’s curator of prints and drawings, said that researchers had identified a little over 1,000 of the 1,800 portraits. By digitizing the album and making it available online, she said, she hoped it will eventually be possible to identify every portrait in the collection.

☆ Six Cattle Found Dead in Texas With Their Tongues Missing
▼ + stars: | 2023-04-22 | by ( Mckenna Oxenden | ) www.nytimes.com time to read: 1 min

In what could be a plot from an episode of “The X-Files,” the authorities are investigating the mysterious deaths in three Texas counties of six cattle that were found with their tongues missing. Ranchers found the mutilated remains of a 6-year-old longhorn-cross cow on their property, the Madison County Sheriff’s Office said on Facebook Wednesday. The office did not say when the cow was discovered but said a “straight, clean cut, with apparent precision, had been made” to remove the hide around its mouth on one side. The meat under the removed hide was untouched, and the cow’s tongue was gone with no blood spilled, the office said.

☆ 'Ghosted' review: Chris Evans and Ana de Armas reunite in a spirited action comedy
▼ + stars: | 2023-04-21 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —“Chris Evans and Ana de Armas” is about all that’s required to make the sales pitch for “Ghosted,” a spirited if familiar action-based romantic comedy, where the sparring banter generally outshines the muscular stunts. Throw in clever cameos and this Apple TV+ movie delivers on its promise of unpretentious fun. Unlike the needy Cole, “Ghosted” doesn’t ask for anything more than a couple intermittently attentive hours of your time. Thanks to Evans and de Armas, it’s the sort of invitation that’s pretty hard to ignore. “Ghosted” premieres April 21 on Apple TV+.

Mr. Carter had asked the authorities to leave, and they did, according to the police report obtained by the A.P. The following day, a housekeeper who heard Mr. Carter’s dogs barking and did not receive a response from him let herself into his home, according to the police report. She found Mr. Carter, wearing a T-shirt and necklace, submerged in the Jacuzzi-style bathtub with the jets running, and called 911, according to the report. The operator told the housekeeper to pull Mr. Carter out of the tub and perform CPR. Paramedics immediately declared him dead when they arrived, the police said.

☆ It's becoming increasingly clear that fintech has a fraud problem
▼ + stars: | 2023-03-29 | by ( Bianca Chan | Paige Hagy | ) www.businessinsider.com time to read: +8 min

"With fast growth comes fast fraud," Frank McKenna, a longtime fraud expert who works with banks, lenders, and fintechs, told Insider. Cash App only requires a zip code, debit-card number, and either an email or phone number to create an account. Cash App's alleged fraud problem could also be the result of its large, active customer base, which numbers some 44 million, according to the company's 2022 annual report. The fact that Cash App offers peer-to-peer payments exacerbates the fraud issue, according to McKenna, the chief fraud strategist at Point Predictive, an anti-fraud software company. Digital-only bank Chime has had its own issues with fraud, Jason Mikula, a fintech analyst and consultant, told Insider.

☆ Women's NCAA roundup: No. 8 Ole Miss upsets No. 1 Stanford
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +7 min

8 Ole Miss Rebels to their first Sweet 16 since 2007 by preventing No. Stanford (29-6) was led by Cameron Brink, who had 20 points, 13 rebounds and seven blocks, while Haley Jones chipped in 16 points and eight rebounds. Grace Stone had 16 points and Ellie Mitchell finished with nine points, 18 rebounds and three blocks. Elena Tsineke scored 20 points to pace South Florida (27-7), while Sammie Puisis finished with 11 points and four rebounds. The Irish closed the game on a 10-5 run, getting seven points from Citron during that stretch.

☆ Women's NCAA roundup: No. 1 South Carolina shines in 2nd half
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +3 min

[1/3] Mar 19, 2023; Columbia, SC, USA; South Carolina Gamecocks guard Zia Cooke (1) drives around South Florida Bulls guard Carla Brito (55) in the second half of South Carolina Gamecocks 76-45 victory at Colonial Life Arena, advancing them to the Sweet 16. Aliyah Boston added 11 points and 11 rebounds, while Laeticia Amihere came off the bench to net 10 points. Elena Tsineke scored 20 points to pace South Florida (27-7), while Sammie Puisis finished with 11 points and four rebounds. Kourtney Weber scored 14 points for the Bulldogs (22-11), who made just 18 of 61 attempts from the field (29.5 percent). Elizabeth Kitley added 14 points and 14 rebounds for her 21st double-double of the season.

[1/2] Customers shop at a mall ahead of the Chinese Lunar New Year, in Beijing, China January 15, 2023. REUTERS/Tingshu Wang/File PhotoLONDON/MILAN/FRANKFURT/NEW YORK, March 1 (Reuters) - The world's top consumer and luxury goods companies have seen sales of everything from cosmetics to condoms grow in China since Beijing ended strict COVID-19 curbs, another sign that the world's No. Tourism from China was helping sales in neighbouring Macau, Hong Kong, Taiwan and even Japan, he added. Reckitt Benckiser, which makes Nurofen tablets, cold remedy Lemsip and Durex, saw a pick-up in China after a decline in volumes because of lockdowns. U.S. retailer Walmart Inc (WMT.N), which operates nearly 400 retail and wholesale stores in China, reported strong traffic in its stores since reopening.

☆ Inside Citadel's internship program for aspiring traders that paves the way for a six-figure salary at the elite hedge fund after college
▼ + stars: | 2023-02-22 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +15 min

Citadel, one of the largest hedge funds, accepts just 1% of applicants to its associate program. Few college students know what a hedge fund is, let alone that they want to work for one. Its associate program lets aspiring fund managers skip the traditional two-year investment banking program that is usually a prerequisite for a hedge fund job. The associate program is different from Citadel's broader internship program. But the accelerated nature of the CAP program appealed to him over other opportunities, he said.

☆ Cryptoverse: Punk apes and a resurrection of NFTs
▼ + stars: | 2023-02-14 | by ( Medha Singh | ) www.reuters.com time to read: +4 min

The NFT market is twitching out of its torpor, defying reports of its demise. Over the past 30 days, though, OpenSea remains top with volumes of $443.98 million, versus $366 million for Blur. BITCOIN JOINS NFT PARTYIn another non-fungible development, the novel use of the bitcoin blockchain for minting an NFT collection has caused a stir among crypto enthusiasts. Bitcoin Punks is a series of monkey-themed NFTs and a derivative of the wildly popular CryptoPunks collection. Some media reports have indicated Bitcoin Punk NFT being sold for as much as 9.5 bitcoin, worth in the region of $205,000.

☆ Andrew McKenna Steered McDonald’s Through Leadership Crisis
▼ + stars: | 2023-02-12 | by ( Heather Haddon | ) www.wsj.com time to read: 1 min

McDonald’s Corp. had lost two chief executives in just months in 2004 when Andrew McKenna stepped in to help stabilize the fast-food company. Mr. McKenna, who had served on the McDonald’s board for 13 years, was named chairman to reassure investors and help guide Chief Executive Jim Skinner . The new chief was succeeding Charles Bell, who held the job for just two weeks before learning he had colorectal cancer. Mr. Bell, in turn, replaced James Cantalupo, who died from a heart attack at a company conference.

☆ 4 reasons why Amazon's advertising business is still surging while Meta, Google, and Snap are all wrestling with declines
▼ + stars: | 2023-02-06 | by ( Ryan Joe | ) www.businessinsider.com time to read: +6 min

Amazon's ad business grew 19% over the past year, while rivals like Meta were managing a decline. Amazon's ad business seems to be the only major ad business that's on the upswing. Part of the reason is that Amazon's ad business is newer than Google's and Meta's so a higher growth rate should be expected. Insider spoke with several ad buyers and industry experts to reveal why Amazon's ad business is growing compared to competitors like Google, Meta, and Snap. Both McKenna and Kern Schireson, CEO of the ad agency Known, believe this is the biggest reason why Amazon's ad business is thriving compared to its competitors.

☆ Insurers Avoid Picking Up Businesses’ Covid-19 Pandemic Costs
▼ + stars: | 2023-02-03 | by ( Richard Vanderford | ) www.wsj.com time to read: +6 min

“If they assumed incorrectly, the mom-and-pop restaurants shouldn’t be penalized.”Federal appeals courts so far have rejected cases like Consolidated Restaurant’s. In January, the federal appeals court in Philadelphia ruled against a range of businesses. With that decision, businesses had seen losses in 11 federal appeals courts, whose jurisdictions span nearly the entire country. Business interruption insurance policies are typically written to address harm to property: For instance, if a water-main break floods a sales floor, or a fire forces a business to close. In June, a Boston federal appeals court rejected a Covid insurance claim by a group of restaurants.

☆ I'm a virtual therapist who booked $350,000 in revenue last year. Here's how I built my business with patients, coaching clients, and social media.
▼ + stars: | 2023-02-03 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

Kelly McKenna started her own virtual therapy practice in February 2021. Her longing for customer connection and her experience with telehealth prompted McKenna to launch a virtual therapy practice in February 2021 called Sit With Kelly. The telehealth industry grew in popularity during the pandemic, and virtual therapy and mental-health services saw substantial increases. There has never been a better time to start a virtual practice, McKenna said. The course comes in three tiers, which focus on specific aspects of running a virtual business.

☆ Great Fraud Reckoning Will Expose Scam Companies, Cause Stock Market Chaos
▼ + stars: | 2023-01-31 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

Get ready for what will feel like an inescapable wave of corporate fraud. And as interest rates have risen, the stock market has fallen off — which makes it harder to get dollars by whipping up new investors or offering stock. Despite Scheck's assertion that the risk of a wave of corporate fraud has heightened, he didn't want to speak in historical analogies. Kreuger had managed to hide that he had stretched the company's finances beyond solvency by raising money on the US stock market while it was raging. That may have been enough when the stock market was on a heater and investors were winning, but it's not enough when the stock market is falling, the economy is slowing, and everyone from regulators to lawmakers to kids on TikTok want answers.

☆ Fraud Economy: How Current Economic Trends Lead to More Corporate Scams
▼ + stars: | 2023-01-31 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

Get ready for what will feel like an inescapable wave of corporate fraud. And as interest rates have risen, the stock market has fallen off — which makes it harder to get dollars by whipping up new investors or offering stock. Despite Scheck's assertion that the risk of a wave of corporate fraud has heightened, he didn't want to speak in historical analogies. There be icebergsOf course, there's also fraud that goes undetected in times of easy money — companies where the very act of existing means stretching the truth. Kreuger had managed to hide that he had stretched the company's finances beyond solvency by raising money on the US stock market while it was raging.

"Our industry is still climbing out of - call it a 100-year event, call it a macro shock of epic proportions. "We are bullish and these are the reasons why I suspect there's a disconnect between the Davos in Switzerland and the Davos in Dublin," Cronin told Reuters. "It's a good time to be a lessor," said Tony Diaz, chairman of the smaller Zephyrus Aviation Capital. It's probably easy to take that second one too," Robert Korn, president and co-founder of fast growing Carlyle Aviation Partners, added. Additional reporting by Tim Hepher and Joanna Plucinska Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Strategist discusses the outlook for the Japanese yen
▼ + stars: | 2023-01-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWon't be surprising to see the Japanese yen appreciate over the medium to longer term: StrategistBrendan McKenna of Wells Fargo Securities says that's nevertheless unlikely to be "as much as markets may have expected."

☆ Big Investors Expected to Scrap ‘Dark Green’ Labels on More EU Funds
▼ + stars: | 2023-01-10 | by ( Dieter Holger | ) www.wsj.com time to read: +6 min

SFDR rules require EU-marketed funds to be designated as one of three categories: “dark green” Article 9 funds, which aim for sustainability or decarbonization; “light green” Article 8 funds, which advance one or more environmental, social and governance objectives; and Article 6 funds, which don’t have any specific ESG-related objectives. Upgrades and downgrades in classifications typically occur with “similar frequency,” but since September, more than 80% of reclassifications have moved Article 9 funds to Article 8, analysts at Jefferies said in December. At the end of November, there were around $452 billion in Article 9 funds, nearly $4.2 trillion in Article 8 funds and $3.9 trillion in Article 6 ones. In November, BlackRock moved 16 funds representing around $26 billion to Article 8 from Article 9, but also retained 13 dark-green funds valued at about $13 billion. Another challenge is for fund managers to gather and report required ESG data—such as greenhouse-gas emissions, gender pay gaps and water use—for individual stocks and bonds in a fund.

BENGALURU, Jan 6 (Reuters) - A budget that accelerates fiscal consolidation would give more support to the Indian rupee in the near term, according to a Reuters poll of FX analysts who forecast the currency would erase a fifth of last year's losses over the next 12 months. A majority of FX analysts, 11 of 17, said a Feb. 1 budget that focuses on fiscal consolidation would help the Indian rupee the most in the near term. None of the respondents expected the rupee to be stronger than 75 per dollar, where it started 2022, at any point this year. Abhishek Upadhyay, senior economist at ICICI Securities Primary Dealership, said the "fiscal deficit is still too high and needs to be reduced" for the rupee to find some support. "High fiscal deficit will hurt the savings-investment balance, curb improvement in current account deficit, and complicate the RBI's efforts to temper inflation pressures."

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