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☆ Greta Thunberg fined for disobeying police after climate protest
▼ + stars: | 2023-07-24 | by ( Amy Cassidy | ) edition.cnn.com time to read: +1 min

CNN —A Swedish court has fined environmental activist Greta Thunberg after finding her guilty of disobeying law enforcement, a Malmö City Court spokesperson told CNN Monday. The court imposed a fine of approximately $144, in the form of 30 daily fines of 50 Swedish krona ($4.80), according to the Malmö City Court spokesperson. CNN has reached out to the Greta Thunberg Foundation for comment. Irma Kjellström, spokesperson for activist group Ta Tillbaka Framtiden, which organized the June protest, said Thunberg was one of many young people blocking oil tankers. In January, Thunberg was detained by police during a protest in the village of Lützerath, Germany, over the expansion of a coal mine.

Persons: CNN —, Greta Thunberg, Thunberg, Greta, Irma Kjellström, ” Organizations: CNN, Prosecutors, “ Locations: Malmö, Swedish, Lützerath, Germany

☆ Israel parliament starts vote on limiting supreme court power
▼ + stars: | 2023-07-24 | by ( Maayan Lubell | ) www.reuters.com time to read: +4 min

Nonetheless, commanding a comfortable majority in parliament, Netanyahu's coalition looked set to win the vote on the bill that limits the Supreme Court's powers to overrule decisions made by governments and ministers. 'DISASTER'[1/10]Israeli Prime Minister Benjamin Netanyahu shows Justice Minister Yariv Levin his phone as lawmakers gather at the Knesset plenum to vote on a bill that would limit some Supreme Court power, in Jerusalem July 24, 2023. "If you vote for this bill you will weaken the state of Israel, the people of Israel and the Israel Defence Forces." Justice Minister Yariv Levin who has been driving the changes defended the bill, which would amend a law enabling the Supreme Court to void decisions it deems "unreasonable". Netanyahu's coalition has been determined to push back against what it describes as overreach by a Supreme Court that it says has become too politically interventionist.

Persons: gov't, Netanyahu, Benjamin Netanyahu, Isaac Herzog, Yair Lapid, Yariv Levin, Amir Cohen, We're, Lapid, Levin, Dan Williams, Steven Scheer, Miral Fahmy, Tomasz Janowski Organizations: Monday, Police, Netanyahu's, REUTERS, Israel Defence Forces, Supreme, Thomson Locations: Washington, JERUSALEM, Jerusalem, Israel

☆ Israeli financial markets slide after judicial overhaul vote
▼ + stars: | 2023-07-24 | by ( Steven Scheer | ) www.reuters.com time to read: +3 min

JERUSALEM, July 24 (Reuters) - Israeli financial markets tumbled on Monday, with the shekel hitting a two-week low versus the dollar, after lawmakers ratified the first bill of a judicial overhaul sought by Prime Minister Benjamin Netanyahu. In protest at the vote, a forum of some 150 of Israel's largest companies held a strike on Monday. Azrieli (AZRG.TA) and Big (BIG.TA), two of Israel's largest malls, said stores in their shopping centres would be closed. But news that compromise talks collapsed erased early gains and sent the shekel weaker, with losses deepening after the vote. The shekel has weakened some 10% versus the dollar since late January when the government unveiled its controversial judicial overhaul plan, setting off mass protests and harming foreign inflows.

Persons: Benjamin Netanyahu, Nir Elias, Arnon Bar, Netanyahu, Steven Scheer, Bansari Mayur, Karin Strohecker, James Mackenzie, Christina Fincher, Sharon Singleton Organizations: REUTERS, Bank of Israel, MPC, Supreme, Thomson Locations: Tel Aviv, Washington

U.S. Treasury yields were mostly lower on Monday, ahead of the Federal Reserve's meeting this week to discuss its monetary policy plans and announce its latest interest rate decision. Federal Reserve policymakers will meet on Tuesday and Wednesday and are expected to announce another interest rate increase at the conclusion of their meeting. Guidance issued alongside the rate decision and comments from Fed Chairman Jerome Powell in the post-meeting press conference will also be key for investors. They will likely provide clues about what is next for monetary policy and how the Fed views the state of the economy, including the outlook for inflation. The Fed started taking a restrictive approach to monetary policy in early 2022 with the aim of easing inflation and cooling the economy.

Persons: Jerome Powell, Dow Jones Organizations: Treasury, U.S, Federal, Fed, Commerce Department, European Central Bank, Bank of Japan

☆ Israel passes law to strip Supreme Court of power to block government decisions, defying months of protests
▼ + stars: | 2023-07-24 | by ( Ivana Kottasová Richard Allen Greene Hadas Gold Amir Tal | Ivana Kottasová | Richard Allen Greene | ) edition.cnn.com time to read: +9 min

The so-called reasonableness law takes away the Supreme Court’s power to block government decisions by declaring them unreasonable. Saeed Qaq/NurPhoto via Getty Images Protesters from Tel Aviv walk the entrance road to Jerusalem after a four-day march on July 22. Ilan Rosenberg/Reuters Protesters block the main entrance to the Ministry of Defense during a protest in Tel Aviv on July 18. Israel, which has no written constitution and no upper chamber of the parliament, has had a relatively powerful Supreme Court, which supporters of the changes argue is problematic. He has argued that the Supreme Court has become an insular, elitist group that does not represent the Israeli people.

Persons: –, Yair Lapid, Ohad, Ammar Awad, Benjamin Netanyahu, Aryeh Deri, Shas, Ronaldo Schemidt, Mahmoud Illean, Netanyahu, Ronen Zvulun, Hazem Bader, Dar Yaskil, Saeed Qaq, Matan Golan, Menahem Kahana, Ilan Rosenberg, Amir Levy, Jack Guez, Joe Biden, “, Israel, ” Biden, Biden, Thomas Friedman, ”, Maya Alleruzzo, Isaac Herzog Organizations: CNN, Israel Police, Air Force, Israeli, Quality Government, Supreme, AP, Reuters, Getty Images, Protesters, Reuters Protesters, Getty, Ministry of Defense, New York Times, TA, West Bank, Israel Bar Association, Association Locations: Israeli, Jerusalem, Reuters Israeli, AFP, Tel Aviv, Israel, United States

☆ Sale of control in Israel's Phoenix to ADQ-led group falls through
▼ + stars: | 2023-07-23 | by ( Emily Rose | ) www.reuters.com time to read: +1 min

JERUSALEM, July 23 (Reuters) - A deal for two shareholders in Israeli financial firm Phoenix Group (PHOE1.TA) to sell control of the group to a consortium led by Abu Dhabi state holding company ADQ has fallen through, a regulatory filing showed on Sunday. However a non-binding agreement was "mutually terminated", the sellers said in a letter to Phoenix that was posted on the Tel Aviv Stock Exchange. The letter cited regulatory limitations that would prevent members of the UAE consortium from making other "material investments in Israel". A spokesperson for ADQ told Reuters the group had no comment on the matter. Phoenix Group, one of Israel's largest financial companies, has a market capitalisation of around 9.85 billion shekels.

Persons: Abu, ADQ, Abraham, Emily Rose, Jan Harvey Organizations: Phoenix Group, Centerbridge Partners, Gallatin Point Capital, UAE, Tel Aviv Stock Exchange, Reuters, Abraham Accords, Thomson Locations: Abu Dhabi, ., Gallatin Point, Phoenix, UAE, Israel, Gallatin, U.S

☆ How a YouTube Sensation Spends His Sundays
▼ + stars: | 2023-07-22 | by ( Lia Miller | ) www.nytimes.com time to read: +1 min

And it was a really, really awesome show. It was the Brooklyn United, they’re an all-Black marching band, kids who are basically raising money for the organization. And we hear in the distance, “ra-ta-ta-ta-ta-ta.” Some people in the back clued me in that it was a marching band. I was like, “Get over here!” And people made way and they came right in. They came right on in and just killed it.

Persons: they’re Organizations: Brooklyn United

☆ American Airlines pilot contract offer increases to $9 billion following United agreement
▼ + stars: | 2023-07-22 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —American Airlines (AAL) agreed to raise its pilot contract offer by more than a billion dollars to bring it on par with the tentative agreement competitor United Airlines reached with its pilots last week. The total offer reaches about $9 billion dollars in incremental compensation and benefits, CEO Robert Isom said in a call with pilots Friday. Isom said the United agreement “changed the landscape” and had wages that were higher than Delta’s original negotiations. Last week, United Airlines pilots, represented by the Air Line Pilots Association, reached a deal in principle with the airline, giving the pilots up to a 40% raise. Last week, APA President Ed Sicher said in a statement it is “dead obvious” their union’s existing tentative agreement is “woefully deficient by comparison” to the tentative agreement reached by its competitor airline’s pilots.

Persons: Robert Isom, Isom, “, ” Isom, ”, Ed Sicher Organizations: New, New York CNN — American Airlines, United Airlines, Allied Pilots Association, Board, Air Line Pilots Association, American Airlines Locations: New York, Delta

☆ Exclusive: American Airlines pilot deal in 'jeopardy' after United's contract agreement -union memo
▼ + stars: | 2023-07-18 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +2 min

CHICAGO, July 18 (Reuters) - American Airlines' (AAL.O) pilot union has warned that the ratification of the company's new contract deal is in "jeopardy" as United Airlines (UAL.O) has raised the benchmark with its own deal, according to a union memo seen by Reuters. A spokesperson for American Airlines said the company will work with the union to make sure its pilots are taken care of. United's four-year pilot deal offers cumulative pay raises of 34.5% to about 40%. Dennis Tajer, a spokesman for American's pilots union, said United's contract will lead to at least a 2% pay gap between United and American pilots. United's back pay provisions are also better than what American has provided in its pilot deal, he said.

Persons: Dennis Tajer, United's, Tajer, Rajesh Kumar Singh, Sonali Paul, Matthew Lewis Organizations: American Airlines, United Airlines, Reuters, American, Allied Pilots Association, Management, TA, Thomson Locations: Chicago

☆ Israeli investor says tech sector will overcome judicial reform crisis
▼ + stars: | 2023-07-12 | by ( Steven Scheer | ) www.reuters.com time to read: +3 min

... Read moreSummaryCompanies Crucial tech sector hit by judicial reform crisisStartup funding falls 70%, emigration increasingTech execs take lead in opposing reformJERUSALEM, July 12 (Reuters) - A leading Israel investor on Wednesday predicted that the country's vital tech sector would recover quickly from its current funding downturn, in part by fighting a government judicial reform plan many blame for scaring away investment. A key driver of economic growth in Israel, the tech sector saw its funding hit last year by the global economic slowdown. "The big inventors are the warriors of democracy," Margalit told Reuters on the sidelines of a JVP Climate Tech conference. While the tech sector needs a stable Israeli economy, the economy needs a strong tech sector, which accounts for 14% of jobs and almost a fifth of gross domestic product. The fall off in tech funding has been a major factor in the weakening of the shekel , analysts say.

Persons: Erel Margalit, Benjamin Netanyahu's, Margalit, Barak Eilam, Eynat Guez, Israel's shekel, Steven Scheer, Conor Humphries Organizations: Jerusalem Venture Partners, AccorHotels Arena, Tech, Labour Party, Reuters, JVP Climate Tech, NICE, Tel, Thomson Locations: Paris, France, JERUSALEM, Israel, Israel's, Tel Aviv

☆ India's Gujarat in talks with Foxconn for its semiconductor plant
▼ + stars: | 2023-07-12 | by ( Sumit Khanna | ) www.reuters.com time to read: +2 min

AHMEDABAD, India July 12 (Reuters) - India's Gujarat state is holding talks with Foxconn over a semiconductor plant, a top government official told Reuters, days after the Taiwanese giant broke off a $19.5 billion joint-venture plan with India's Vedanta. "We are in touch with multiple prospective investors, including Foxconn ... Gujarat is uniquely positioned to attract top chipmakers," said Vijay Nehra, secretary of the science and technology department in Gujarat. Foxconn (2317.TW) this week exited its project with Vedanta (VDAN.NS), which was also planned for Prime Minister Narendra Modi's home state of Gujarat, citing issues such as slow progress. The breakup of the JV was a setback for Modi's vision to establish India as a semiconductor manufacturing hub. Its talks with Gujarat come weeks after Micron Technology (MU.O) said it will invest up to $825 million in a semiconductor testing and packaging facility in the state.

Persons: Vijay Nehra, Narendra Modi's, Foxconn, Modi, Lee, Munsif Vengattil, Aditya Kalra, Sharon Singleton Organizations: Reuters, Vedanta, JV, IGSS Ventures, ISMC, LinkedIn, Micron Technology, Thomson Locations: AHMEDABAD, India, Gujarat, ., Foxconn, Singapore

Foxconn (2317.TW) withdrew from the JV with the Indian metals-to-oil conglomerate on Monday, in a setback to Prime Minister Narendra Modi's chipmaking plans for India. "Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem." India expects its semiconductor market to be worth $63 billion by 2026, but Modi's plan has so far floundered. The $3 billion ISMC project is stalled because Tower is being acquired by Intel, while another $3 billion plan by IGSS was also halted because it wanted to re-submit its application, Reuters has reported. Like Foxconn, the Indian government has said the breakup of the JV had "no impact" on India's semiconductor plans, adding that both companies were "valued investors" in the country.

Persons: India Foxconn, Foxconn, Narendra Modi's chipmaking, Modi, IGSS, Ann Wang, Vedanta, Anil Agarwal, Vedanta's, Yimou Lee, Ben Blanchard, Tanvi Mehta, Aditya Kalra, Jacqueline Wong, Sonali Paul, Alexander Smith Organizations: India, JV, Vedanta, TW, Semiconductors, IGSS Ventures, ISMC, Intel, Reuters, REUTERS, Vedanta's, Vedanta Ltd, Vedanta Resources, Thomson Locations: chipmaking, India, TAIPEI, MUMBAI, Singapore, New Taipei City, Taiwan, Vedanta's India, Vedanta's London, Taipei, Mumbai, New Delhi, Pandya, Bengaluru

TAIPEI/BENGALURU, July 10 (Reuters) - Taiwan's Foxconn said on Monday it has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, in a setback to Prime Minister Narendra Modi's chipmaking plans for India. Foxconn, the world's largest contract electronics maker, and Vedanta signed a pact last year to set up semiconductor and display production plants in Modi's home state of Gujarat. "Foxconn (2354.TW) has determined it will not move forward on the joint venture with Vedanta," the electronics maker said in a statement, without elaborating on the reasons. India, which expects its semiconductor market to be worth $63 billion by 2026, last year received three applications to set up plants under a $10 billion incentive scheme. These were from the Vedanta-Foxconn joint venture, a global consortium ISMC which counts Tower Semiconductor (TSEM.TA) as a tech partner and from Singapore-based IGSS Ventures.

Persons: Taiwan's Foxconn, Narendra Modi's chipmaking, Vedanta, Foxconn, Modi, STMicro, IGSS, Munsif, Ben Blanchard, Aditya Kalra, Louise Heavens, Jason Neely, Alexander Smith Organizations: Vedanta, Apple, Reuters, IGSS Ventures, Intel, Thomson Locations: TAIPEI, BENGALURU, India, Gujarat, Singapore, Bengaluru, Taipei, New Delhi

☆ Netanyahu signals impatience with protests as Israel's judicial reform edges ahead
▼ + stars: | 2023-07-09 | by ( Steven Scheer | ) www.reuters.com time to read: +3 min

[1/9] An aerial view shows protesters taking part in a demonstration against Israeli Prime Minister Benjamin Netanyahu and his nationalist coalition government's judicial overhaul, in Tel Aviv, Israel July 8, 2023. REUTERS/Oren AlonJERUSALEM, July 9 (Reuters) - Israeli Prime Minister Benjamin Netanyahu signalled impatience on Sunday with disruptions caused by resurgent demonstrations against his judicial overhaul plans, summoning his attorney-general for a cabinet discussion of police counter-measures. The opposition casts the bill as a step toward curbing judicial independence that would eventually subordinate the Supreme Court to politicians. Street protests that had subsided are flaring anew, with protesters planning to converge on Israel's main airport on Monday. Cabinet minister Itamar Ben-Gvir said he would boycott Big unless it retracted what he deemed political "bullying" by a business.

Persons: Benjamin Netanyahu, Oren Alon JERUSALEM, Netanyahu, Gali, Itamar Ben, Gvir, Ami Eshed, Steven Scheer, Dan Williams, Maayan Organizations: Israeli, REUTERS, Ben Gurion, Attorney, Shopping, Tel, Thomson Locations: Tel Aviv, Israel, overreach, Israel's, Gali Baharav

☆ Sha’Carri Richardson runs the fastest women’s 100m time of the year
▼ + stars: | 2023-07-07 | by ( Ben Morse | ) edition.cnn.com time to read: +1 min

CNN —Sha’Carri Richardson ran the fastest women’s 100m time of the year on Thursday at the US Championships in Eugene, Oregon. The 23-year-old finished the opening heat with a world-leading time of 10.71 seconds as she boosted her chances of qualifying for next month’s World Championships in Budapest. Her strong performance Thursday, finishing 0.25 secs ahead of second-placed Brittany Brown, qualifies her for Friday’s semifinals. Elsewhere, Christian Coleman put in a strong performance in the men’s 100m, running 9.95 seconds in his heat. The 2019 world champion, who missed the 2020 Tokyo Olympics after breaching a “whereabouts failure” rule, clocked the fastest time overall in the men’s 100m at the championships.

Persons: CNN — Sha’Carri Richardson, Richardson, Brittany Brown, Marie, Josee, Lou, Christian Coleman Organizations: CNN, Miramar, Friday’s, Oslo Diamond League, Tokyo Olympic Games Locations: Eugene , Oregon, Budapest, Ivory Coast

While the statement does not identify Thunberg by name, a spokesperson for the Swedish Prosecution Authority, Annika Collin, confirmed to CNN that the woman referred to is Thunberg. The charges relate to Thunberg’s participation in a protest organized by the activist group Ta Tillbaka Framtiden, which blocked oil tankers in part of Malmö harbor. “Today, for the third day in a row, young activists from @tatillbakaframtiden have blocked oil tankers in the Malmö oil harbour. Irma Kjellström, spokesperson for Ta Tillbaka Framtiden, said Thunberg was one of many young people blocking oil tankers. In January, Thunberg was detained by police during a protest in the village of Lützerath, Germany, over the expansion of a coal mine.

Persons: CNN —, Greta Thunberg, “, Annika Collin, ” Thunberg, Irma Kjellström, Ta, Thunberg, ” Organizations: CNN, CNN — Sweden’s, Authority, Swedish Prosecution Authority, “ Locations: Malmö, “, Lützerath, Germany

☆ Greta Thunberg charged with disobeying police order at climate protest
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +1 min

[1/2] Police talk to Greta Thunberg as they move climate activists from the organization Ta Tillbaka Framtiden, who are blocking the entrance to Oljehamnen in Malmo, Sweden, June 19, 2023. TT News Agency/Johan Nilsson via REUTERS/File PhotoSTOCKHOLM, July 5 (Reuters) - Swedish climate activist Greta Thunberg has been charged with disobeying a police order to leave a climate protest in the southern city of Malmo on June 19, according to daily Sydsvenskan. On the day of the incident, Thunberg wrote in an Instagram post that protesters had blocked the road for oil trucks in Malmo harbour. "The climate crisis is already a matter of life and death for countless people. If convicted for disobeying a police order, Thunberg can be handed a fine or up to six months in prison.

Persons: Greta Thunberg, Johan Nilsson, Thunberg, Charlotte Ottosen, Johan Ahlander, Devika Organizations: Police, TT News Agency, REUTERS, Reuters, Thomson Locations: Oljehamnen, Malmo, Sweden, STOCKHOLM, Swedish

☆ Leviathan partners in Israel to invest $568 million in third gas pipeline
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +2 min

JERUSALEM, July 2 (Reuters) - Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports. Leviathan, a deep-sea field with huge deposits, came online at the end of 2019 and produces 12 billion cubic metres (bcm) of gas per year for sale to Israel, Egypt and Jordan. In the longer-term, Leviathan production is expected to reach about 21 bcm a year. The group has announced plans for a floating liquefied natural gas (LNG) terminal off the Israeli coast with an annual LNG capacity of about 4.6 million tons, or 6.5 bcm. "We are currently exploring the option of upgrading transmission infrastructures in Jordan to transport additional gas quantities to markets in Jordan and Egypt," Landau said.

Persons: Yossi Abu, Yigal Landau, Landau, Ari Rabinovitch, Elaine Hardcastle Organizations: Partners, Chevron, Energy, Thomson Locations: Israel, Egypt, Jordan, Europe, Tel Aviv

☆ ‘On a Whim, I Decided to Do a Silly, Shirley Temple-esque Tap Dance’
▼ + stars: | 2023-07-02 | by ( ) www.nytimes.com time to read: +1 min

I was taking the PATH train home to Hoboken from Christopher Street after a rehearsal when I noticed a bank of cameras aimed at the turnstiles. What a boring job it must be to have to stare at them all night long, I thought. There was no one else waiting on the platform so, on a whim, I decided to do a silly, Shirley Temple-esque tap dance to amuse whoever was monitoring the cameras. As I curtsied, I was startled to hear a series of slow claps coming from somewhere off in the darkness. Looking around, I saw that a young man had stepped out from behind one of the columns at the far end of the platform and was applauding.

Persons: Shirley Temple, gamely, ” Organizations: Christopher Locations: Hoboken

☆ Mitsotakis to be sworn in as Greek PM after landslide victory
▼ + stars: | 2023-06-26 | by ( Karolina Tagaris | ) www.reuters.com time to read: +2 min

ATHENS, June 26 (Reuters) - Greece's New Democracy party leader Kyriakos Mitsotakis will be sworn in as prime minister on Monday after a resounding victory in a repeat election on Sunday gave him a second four-year term. But I assure you that I will stay true to my national duty," Mitsotakis said. Greek newspapers hailed the result a "historic win," with Ta Nea writing on its front page "Mitsotakis's absolute dominance, with no opponent." Sunday's vote was a heavy defeat for Alexis Tsipras's Syriza party, which lost more than 30 lawmakers. It also saw three fringe right-wing and nationalist parties - including the anti-immigrant 'Spartans', enter parliament with a combined 35 seats.

Persons: Kyriakos Mitsotakis, Mitsotakis, Ta, Katerina Sakellaropoulou, Alexis Tsipras's Syriza, Tsipras, Karolina Tagaris, Lincoln Organizations: Democracy, Sunday, European Union, Spartans, Thomson Locations: ATHENS

☆ RPT FACTBOX As electric cars take off, makers pledge $11.3 billion for US lithium iron phosphate
▼ + stars: | 2023-06-23 | by ( Paul Lienert | ) www.reuters.com time to read: +1 min

June 23 (Reuters) - Interest and investment in lithium iron phosphate (LFP) battery cells and materials, used to power electric vehicles, continue to climb in the United States. Here is a look at some of the announced LFP projects. FORDFord Motor (F.N) is planning to open a $3.5 billion LFP manufacturing plant in 2026 in Marshall, Michigan, using technology licensed from China’s CATL (300750.SZ). FREYRNorwegian battery startup Freyr (7XN.F) expects to open a $1.7 billion battery plant outside Atlanta, using technology from Aleees and 24M. ICLIsrael’s ICL Group (ICL.TA) has announced it will build a $400 million battery materials plant near St Louis, Missouri, to open in 2024.

Persons: China’s, FREYR, Paul Lienert, Matthew Lewis Organizations: FORD Ford Motor, LG, ICL, Thomson Locations: United States, U.S, Marshall , Michigan, KS, Holland , Michigan, Big Rapids , Michigan, FREYR Norwegian, Atlanta, Aleees, Michigan, Van Buren Township, St Louis , Missouri, Detroit

☆ Factbox: As electric cars take off, makers pledge $14.3 billion for US lithium iron phosphate
▼ + stars: | 2023-06-22 | by ( Paul Lienert | ) www.reuters.com time to read: +1 min

June 22 (Reuters) - Interest and investment in lithium iron phosphate (LFP) battery cells and materials, used to power electric vehicles, continue to climb in the United States. FORDFord Motor (F.N) is planning to open a $3.5 billion LFP manufacturing plant in 2026 in Marshall, Michigan, using technology licensed from China’s CATL (300750.SZ). GMGeneral Motors (GM.N) has announced a $3 billion LFP plant in Fort Wayne, Indiana, with partner Samsung SDI (006400.KS), to open in 2026. FREYRNorwegian battery startup Freyr (7XN.F) expects to open a $1.7 billion battery plant outside Atlanta, using technology from Aleees and 24M. ICLIsrael’s ICL Group (ICL.TA) has announced it will build a $400 million battery materials plant near St Louis, Missouri, to open in 2024.

Persons: China’s, FREYR, Paul Lienert, Matthew Lewis Organizations: FORD Ford Motor, GM General Motors, Samsung SDI, LG, ICL, Thomson Locations: United States, U.S, Marshall , Michigan, Fort Wayne , Indiana, KS, Holland , Michigan, Big Rapids , Michigan, FREYR Norwegian, Atlanta, Aleees, Michigan, Van Buren Township, St Louis , Missouri, Detroit

☆ A South Carolina teacher had her AP lesson shut down after students snitched that she planned to have them read Ta-Nehisi Coates' memoir
▼ + stars: | 2023-06-14 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

A South Carolina teacher's lesson was shut down after students complained they were uncomfortable. The AP English lesson included reading Ta-Nehisi Coates' 2015 memoir on racism "Between the World and Me." This past spring, Chapin High School English teacher Mary Wood included Coates' book in her lesson plan before the AP English Language exam, according to lesson plans and documents obtained by The State. Wood said in the documents that she had taught Coates' memoir the prior academic year with no issue, The State added. Young compared the situation to the AP African American Studies course debacle in Florida, which also involved the removal Coates' writing from lesson plans.

Persons: Nehisi Coates, Coates, —, Mary Wood, AP Lang, Wood, Jeremy C, Young, doesn't, that's, hasn't Organizations: PEN America, Service, Carolina teacher's, Chapin High School English, The State, AP, Chapin High School, AP African American Studies, South, South Carolina Republicans, Associated Press, GOP Locations: Carolina, America, South Carolina, The, Florida

BERLIN, June 8 (Reuters) - Reality star Kim Kardashian's arrival at a gathering of the globe's top deal brokers in Berlin failed to dispel their dark mood as the rising cost of money puts the brakes on the private equity industry. But private equity is currently experiencing one of its toughest runs since coming of age in the 1980s as rapid rises in interest rates to combat inflation make the debt that underpins the industry scarce and expensive. "It has been easier in the past, deal flow is reduced significantly...we have to pedal harder," said Jose Pfeifer, who leads Investcorp's European private equity group, on the sidelines of SuperReturn. "Europe is doing better than expected...we are seeing opportunity in corporate carve-outs," said Marco De Benedetti, co-head of Europe private equity at Carlyle (CG.O). Emmanuel Laillier, head of private equity at Tikehau Capital, said that makes it hard to read the level of competition, although there is more flexibility in the M&A process.

Persons: Kim Kardashian's, Kardashian, Jose Pfeifer, Hythem, Marco De Benedetti, Sellers, Emmanuel Laillier, Christian Sindig, Jay Sammons, Emma, Victoria Farr, John O'Donnell, Kirsten Donovan Organizations: European Central Bank, Bundesliga, TA Associates, Carlyle, Tikehau, Thomson Locations: BERLIN, Berlin, Europe, SuperReturn

☆ A Tony Nominee Shows Off Her Snug Upper West Side Rental
▼ + stars: | 2023-06-06 | by ( Joanne Kaufman | ) www.nytimes.com time to read: +1 min

Bonnie Milligan, an actress known for her vocal range and belting voice, shares a snug rental on the Upper West Side with a college friend who is also a performer. Ms. Milligan’s bedroom is sufficiently small that she has to leave to change her mind. But the 30-something Ms. Milligan, a Tony nominee for her performance as the shifty, shiftless Aunt Debra in the musical “Kimberly Akimbo” (the awards ceremony is scheduled for June 11), isn’t much for trafficking in discouraging words. There’s a washer and dryer in the basement, and workout equipment in the courtyard. “Over the course of the 15 years I’ve been here, it has gone up $550 in total,” Ms. Milligan said.

Persons: Bonnie Milligan, Milligan, Aunt Debra, Kimberly Akimbo ”, I’ve, ” Ms Organizations: Lincoln Center

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