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☆ These are the 11 sectors that comprise the S&P 500 — and the stocks we own in each
▼ + stars: | 2023-09-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +28 min

.GSPF YTD mountain S & P 500 Financials Sector YTD performance Club stocks in the Financials sector: Morgan Stanley ( MS): The bank's services include investment banking, wealth management and investment management. Communication Services Sector market weight: 8.85% Market cap: $3.3 trillion YTD performance: up 44.5% Industries: Diversified telecommunication services; entertainment; interactive media & services; media; wireless telecommunication services. .GSPTS YTD mountain S & P 500 Communication Services Sector YTD performance Club stocks in the Communication Services sector: Walt Disney (DIS): The entertainment giant reported another mixed quarter last month, even against low expectations. Real estate Sector market weight: 2.44% Market cap: $909 billion YTD performance: up 0.9% Industries: Equity real estate investment trusts; real estate management & development. .SPLRCR YTD mountain S & P 500 Real Estate Sector YTD performance While we don't own any real estate stocks, investors have historically invested in the sector for its reliable cash flow from income-generating properties.

Persons: Jim Cramer's, Jim, Salesforce, reenergized, Marc Benioff, Wolfe, Palo, Eli Lilly, Cantor Fitzgerald, Bausch, bioprocessing, Morgan Stanley, Morgan Stanley's, Eaton Vance, Wells Fargo, Wells, TJX, Wynn, Locker, We've, Mary Dillon, Walt Disney, Bob Iger's, Emerson, Davidson, Vimal Kapur, Stanley Black, Decker, Estee Lauder, Gillette —, Elliott, Coterra, Linde, Jim Cramer, Mandel Ngan Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Technology Sector, Industries, Communications, Technology, Information Technology, Apple, Wedbush Securities, Microsoft, UBS, Deutsche Bank, Nvidia, Broadcom, VMware, Palo Alto Networks, Wolfe Research, Palo Alto, Oracle, Mizuho, Amazon Web Services, Google, Health Care, Biotechnology, Health, Bausch Health, Leerink Partners, GE Healthcare Technologies, General Electric, GE, Financials, Bank of America, United Auto Workers, Detroit, Ford, Starbucks, TJX, Marshalls, Wynn Resorts, WYNN, Communication Services, Communication, Hollywood, Charter Communications, Disney, JMP Securities, Facebook, Industrials, Aerospace, Emerson, Caterpillar, Honeywell, Consumer Staples Sector, Consumer, Consumer Staples, Costco Wholesale, Procter & Gamble, Gillette, Constellation Brands, Corona, Modelo, Pacifico, Elliott Management, Energy Sector, Energy, Coterra Energy, Natural Resources, West Texas, Utilities Sector, Electric, Companies, Sempra Energy, Materials, Chemicals, Linde, LIN, DuPont, Sector, Equity, Real, Jim Cramer's Charitable, New York Stock Exchange, AFP, Getty Locations: U.S, FactSet, bioprocessing, Wells Fargo, China, Maxx, Macao, Asia, Pacifico —, California, Texas

☆ Elon Musk's control of Starlink gives him unchecked power over elected governments
▼ + stars: | 2023-09-13 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +9 min

Elon Musk's control over Starlink is in the spotlight after he thwarted a Ukrainian attack. "If the Ukrainian attacks had succeeded in sinking the Russian fleet, it would have been like a mini Pearl Harbor and led to a major escalation," Musk told Isaacson. (Musk later reassured a Russian ambassador that Ukraine would not be able to use Starlink for offensive operations, according to Isaacson). AdvertisementAdvertisementAs Ukrainian officials see it, sinking Russia's fleet, if that was indeed a possibility, would have prevented hundreds of missiles from raining down on the country's infrastructure, and spared civilian lives. Even if it wanted to change Musk's mind, it is not clear that it can actually compel him to do anything when it comes to Ukrainian attacks on territory controlled by Russia.

Persons: Elon, Musk, —, Walter Isaacson, Isaacson, Starlink, Biden, Pettyjohn, it's, Paul Hennessy, David Frum, George W, Bush, Nicholas Grossman, Grossman, Joe Biden, Josh Marshall, cdavis@insider.com Organizations: Service, SpaceX, Fleet, Russian, Pentagon, Ukraine, Center, New, New American Security, Defense Department, Falcon, Getty, University of Illinois, Daily, Washington, Twitter Locations: Wall, Silicon, Sevastopol, Crimea, Ukraine, Crimean, Russian, Sevastopol —, United States, New American, Washington, Ukrainian, Russia

☆ 'Coco' Chanel's influential fashion on show at London exhibit
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

[1/2] A photographic portrait of Gabrielle Chanel by Man Ray (1935) is seen during the No. Opening at the V&A museum on Saturday, "Gabrielle Chanel. Fashion Manifesto" is the first British exhibition dedicated to the designer's creations and longstanding influence on fashion. Her famed tweed suits, loose fitting and low-waisted dresses and dazzling evening gowns are among the outfits on display. Her designs, accessories and perfumes, particularly Chanel No.5, were hits and today the Chanel fashion house, founded in 1910, remains one of the world's most famous luxury brands.

Persons: Gabrielle Chanel, Man Ray, Benoit Tessier, Gabrielle, Coco, Chanel, Connie Karol Burks, Karl Lagerfeld, Virginie Viard, Marie, Louise Gumuchian, Rosalba O'Brien Organizations: Palais, REUTERS, Reuters, Thomson Locations: Paris, London

☆ America is in a factory boom again. Even a recession may not bring it down this time
▼ + stars: | 2023-09-09 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

A few days before Biden’s speech in Maine, the Fed approved raising interest rates to their highest level in more than 22 years, continuing an aggressive inflation-busting campaign. Customers are also being pinched with higher interest rates,” a food, beverage and tobacco products manufacturer told the ISM in its August survey. “When we built our first building, interest rates were around 14% or so, and that was in the early ’80s,” she said. “We’ve seen some plans go on hold or on a slower burn until those companies see what happens with interest rates and the economy,” he said. Recession or not, the bull case for US manufacturing has the industry — and Biden — in a good mood.

Persons: Kathie Leonard, Leonard, —, ”, ” Leonard, Joe Biden, “, ’ ” Leonard, Biden, Charles Krupa, Paul Krugman, Goldman Sachs, It’s, Scott Paul, Paul, it’s, Auburn Manufacturing’s Leonard, “ we’ve, Julianna Keeling, Lou Pektor, “ We’ve, Jennifer Harris, bode Organizations: DC CNN, Maine Department of Economic, Community Development, Auburn Manufacturing, CNN, Auburn Manufacturing Inc, AP, Commerce Department, Fed, P Global, Institute for Supply Management, Alliance for American Manufacturing, PMI, ISM, Labor Department, Auburn, Manufacturers, Fed Companies, National Economic Council, National Security Council Locations: Washington, Maine, Portland, Auburn , Maine, United States, Pointe, Lehigh

☆ Archaeologists unearth 1,000-year-old mummy in Peru residential neighborhood
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +1 min

LIMA, Sep 6 (Reuters) - Archaeologists in Peru have unearthed a 1,000-year-old mummy in the latest discovery at an archaeological site located in a residential neighborhood of the country's capital, Lima. The remains were found alongside ceramic vessels, textiles and other objects in the Huaca Pucllana site in the middle of Lima's affluent Miraflores district, the head of the team of archaeologists, Mirella Ganoza, told Reuters on Wednesday. "This is an adult individual in a sitting position with bent legs," the expert said, noting that the mummy had long hair and a jaw that was nearly completely intact. Mummies and ancient offerings have already been found in the Huaca Pucllana site, and experts see the site as a Pandora's Box with much more to be found. Reporting by Anthony Marina; Writing by Marco Aquino and Carolina PuliceOur Standards: The Thomson Reuters Trust Principles.

Persons: LIMA, Mirella Ganoza, Ganoza, Anthony Marina, Marco Aquino Organizations: Reuters, Incas, Carolina, Thomson Locations: Peru, Lima, Miraflores, Machu Picchu

[1/5] A view of Palestinian goods trucks in front of the commercial crossing of Kerem Shalom after the Israeli ban on Gaza exports deals a blow to the long-suffering economy, in Rafah in the southern Gaza Strip September 5, 2023. Hamas spokesman Hazem Qassem said the Israeli decision "would increase the already existing tension because of continued Israeli blockade and aggression against our people". In Ramallah, in the Israeli-occupied West Bank, Palestinian economy minister Khaled Assaili demanded Israel cancel the ban which stops Gaza exports to Israel and the West Bank. Gaza exports are estimated at $134 million per year, mostly to Israel and the West Bank, according to the enclave's ministry of economy. As well as fish and agricultural produce, Gaza exports significant quantities of textiles and other products.

Persons: Kerem Shalom, Abu Mustafa, Bahar, Mohammad Al, Hajj, Hazem Qassem, Khaled Assaili, Assaili, Osama Nofal, Wadhah Bseisso, Nidal, Peter Graff Organizations: REUTERS, Israel, West Bank, Palestinian Authority, Hamas, Palestinian Industries Union, Thomson Locations: Kerem, Rafah, Gaza, Israel, Ramallah, Hamas

☆ The U.S. government is investing $22 million into developing surveillance clothing that includes shirts, pants, and underwear that can record video and audio
▼ + stars: | 2023-09-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

The federal government has a $22 million surveillance clothing program, according to The Intercept. The initiative will develop shirts, pants, socks, and underwear that can record audio and video. In other words, funding moonshots like underwear that's as stretchable and washable as normal underwear, but can also record your every move. Some are worried, though, that the SMART ePANTS program could lay the groundwork for more invasive forms of surveillance. She added, "now suppose SMART ePANTS detects a chemical on your skin — imagine where that can lead."

Persons: Dawson Cagle, Cagle, Annie Jacobsen, they're, IARPA Organizations: Apple, Oura, Textile Systems, SMART, Intercept, Smart, National Intelligence, Intelligence, Department of Defense, Department of Homeland Security, SMART ePANTS, United, TSA

CNN —Water levels at Lake Titicaca – the highest navigable lake in the world and South America’s largest – are dropping precipitously after an unprecedented winter heat wave. While water levels are known to fluctuate each year, these changes have become more extreme due to the climate crisis. Communities that rely on fishing are struggling as low water levels adds to mounting problems: declining fish stocks due to pollution and overfishing. “It’s going to keep affecting us, there won’t be any more totora, the islands are deteriorating, that’s what worries us,” Charca told CNN. Grinia Avalos, deputy director for climatology with Senamhi, told CNN that these warmer temperatures are expected to continue until at least February 2024.

Persons: ”, Nazario Charca, Anton Petrus, Taylor Ward, Sixto Flores, Raldes, Flores, Claudia Morales, Jullian Huattamarca, Juan Karita, Dina Boluarte, Huattamarca, “, Uros, Sergi Reboredo, Charca, It’s, ” Charca, El, Grinia Avalos, Connor Baker Organizations: CNN, Getty, Reuters, El Nino, Crisis, “ Locations: South America’s, Peru, Bolivia, Puno, AFP, Agriculture, Taquile, Peruvian, Lake Titicaca, South America

"Increasingly we are going to turn used clothes into raw material from Europe for fashion companies." Also in Spain, rivals including H&M, Mango and Inditex have created a non-profit association to manage clothing waste, responding to an EU law requiring member states to separate textiles from other waste from January 2025. OBSTACLESThe obstacles to significantly reducing clothing waste are formidable, despite the EU crackdown, industry sustainability commitments and initiatives like the Moda Re expansion. Adidas (ADSGn.DE), Bestseller, and H&M (HMb.ST) have invested in Finnish start-up Infinited Fiber Company, which manufactures fibre out of textile waste, cardboard and paper. As in Spain, textile waste associations would be set up in each country.

Persons: Albert Alberich, Inditex, Dijana Lind, Hugo Boss, Lind, Moda, Aissatou Boukoum, Mauro Scalia, Corina Pons, Helen Reid, Horaci Garcia, Nacho, Frank Jack Daniel Our Organizations: BARCELONA, Moda, Caritas, Union, European Commission, Union Investment, Adidas, McKinsey, Reuters, EU, ReHubs, Moda Re, United Nations, Inditex, Puma, Infinited Fiber Company, Thomson Locations: Spain, Barcelona, Spanish, Europe, Zara, Bilbao, Valencia, EU, Frankfurt, ReHubs Europe, Mali, Sant, AFRICA, Cameroon, Ghana, Senegal, Africa, Senegalese, Germany, Texaid, Switzerland, Vestisolidale, Italy, France, EURATEX, Madrid, London, Nacho Doce

☆ Exclusive: US Customs finds garments made with banned Chinese cotton
▼ + stars: | 2023-09-01 | by ( Katherine Masters | ) www.reuters.com time to read: +5 min

It requires cutting out the far western region from apparel supply chains. Ten of the 37 garments collected by Customs and Border Protection in May returned as “consistent” with Xinjiang, the documents show. "The amount of Xinjiang cotton entering the U.S. should be zero," she said. Many retailers have also turned to isotopic testing in a bid to keep their supply chain free of cotton with links to forced labor. Officials said isotopic testing alone is not enough to clear shipments detained at U.S. ports for suspected links to Xinjiang.

Persons: Mickey, Laura Murphy, Eric Choy, Ralph Lauren, Oritain, Choy, “ It’s, ”, Katherine Masters, David Gregorio Our Organizations: U.S . Customs, Protection, Reuters, Customs, Sheffield Hallam University, . Customs, Goods, Retail, Oritain, Thomson Locations: Xinjiang, China, England, U.S, Vietnam, Cambodia, Bangladesh, India, New Zealand

LONDON, Aug 29 (Reuters) - As the world's best badminton players travel home after the World Championships in Denmark, the sport's leading manufacturer Yonex (7906.T) told Reuters some of them were fighting it out for the first time in sneakers made partly from recycled materials. In addition to appeasing environmentally conscious shoppers, the companies argue that switching to recycled materials helps reduce waste and their reliance on finite resources. While developing the products, Yonex thought about how to blend materials in order to overcome the challenge of the physical properties of sustainable materials generally being different to traditional materials. He added that sustainable materials currently cost more to use because suppliers mass-produce traditional materials. Yonex said it uses sustainable materials in 83% of its apparel products, such as organic cotton or recycled fibers.

Persons: Chen Yu Fei, Viktor Axelsen, Yonex, Shinichiro Chiba, Chiba, Taiwan's Victor, Richa Naidu, David Holmes Organizations: Reuters, Sports, Adidas, Badminton World Federation, Olympic, Thomson Locations: Denmark, Tokyo, China

Even as inflation has slowed from last summer's 40-year highs, Fed officials have been reluctant to declare their job finished until there are clearer signs the economy is slowing. If, as some argue, the interest rate that neither stimulates nor restrains the economy has shifted higher, it means Fed policy is putting less pressure on the economy than expected. Partly to let its policies play out, the Fed is widely expected to leave interest rates on hold at its Sept. 19-20 meeting. Will the bulk of policymakers feel higher rates will be needed to finish the job? "I do expect some rise in unemployment will be required to get underlying inflation into a zone where the Fed is comfortable."

Persons: Chris Albrecht, what's, Thomas Barkin, Barkin, Charles Evans, Richard Clarida, Howard Schneider, Dan Burns, Paul Simao Organizations: Caesars, Richmond Fed, Reuters, Fed, Chicago Fed, Workers, U.S, Thomson Locations: DANVILLE, Virginia, Danville , Virginia, Caesars Virginia, Danville, U.S, Jackson Hole , Wyoming

The International Labour Organization (ILO), of which Cambodia is a member, permits prison labour provided it is not forced. The companies, which Sopheak confirmed were W Dexing Garment (Cambodia), IGTM (Cambodia) and Chia Ho (Cambodia) Garment Industrial, did not respond to requests for comment. It said it learned in February that Cambodia was investigating and that the prison workshops had been suspended. Centric told Reuters in an email in June that it had "placed on hold" imports from a factory in Cambodia and would "immediately terminate" any supplier found to be using prison labour. CAMBODIA INVESTIGATESPrison labour at CC2 potentially puts Cambodia at odds with the U.S. Generalized System of Preferences, which grants duty-free benefits to eligible developing nations.

Persons: Keo Chhea, Sopheak, Chia Ho, AAFA's, Ken Loo, Aun, Loo, Calvin Klein, Tommy Hilfiger, amfori, Klot Dara, Stephen Lamar, Nate Herman, Clare Baldwin, Katherine Masters, Siddharth Cavale, John Shiffman, Kristina Cooke, David Crawshaw, Kay Johnson Organizations: Correctional, Google, REUTERS Acquire, Walmart, Centric Brands, Reuters, American Apparel and Footwear Association, International Labour Organization, ILO, Cambodian Ministry of Commerce, State, European Union, Japan, Garment, Human Rights, Textile, Apparel, Footwear, Travel Goods Association, IZOD, U.S . Federal Trade Commission, U.S, Travelway, Centric, Better Factories, BFC, amfori's Business, Authentic Brands, U.S . Trade, CC2, Cambodia's Ministry of Interior, General Department of Prisons, Facebook, Thomson Locations: Phnom Penh, Cambodia, PHNOM PENH, U.S, Washington, AAFA, IGTM, Canada, Better Factories Cambodia, CC2, CAMBODIA, Cambodia's U.S, New York, Los Angeles

☆ Column: China's shrewd grab for green energy recycling dominance
▼ + stars: | 2023-08-18 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

Wind turbines and solar panels are seen at a wind and solar energy storage and transmission power station from State Grid Corporation of China, in Zhangjiakou of Hebei province, China, March 18, 2016. GLOBAL REACH WITH BACKHAUL POTENTIALChina's recyclers also have strong international supply lines thanks to the country's vast export-oriented manufacturing sector and resulting dominance in global shipping container trade. ECO-FRIENDLY ECOSYSTEMSChina's plan to develop a large scale recycling sector for the renewables industry is in keeping with the country's practice of developing interdependent ecosystems around key industries. The country aims to develop similar strongholds in auto and electronics manufacturing, and may now extend that framework to the renewables energy sector, which Beijing has identified as a key industry for the remainder of this century. For recycling firms based elsewhere that had been planning to scale up their handling of older green energy equipment, the prospect of a government-backed competitor in China may be a cause for concern.

Persons: Jason Lee, recyclers, China's, Gavin Maguire, Jamie Freed Organizations: Grid Corporation of, REUTERS, Reuters, Thomson Locations: Grid Corporation of China, Zhangjiakou, Hebei province, China, LITTLETON , Colorado, United States, Asia, Beijing

☆ Plant-Based Plastics Gain Favor as Companies Pursue Sustainability Goals
▼ + stars: | 2023-08-17 | by ( Dieter Holger | ) www.wsj.com time to read: +6 min

Plant-based plastic, that is. However, the environmental benefits of plant-based plastics are increasingly appealing to companies promising to use more sustainable materials by the end of the decade. Plants absorb the atmosphere’s carbon dioxide, which cuts the greenhouse-gas emissions from making bioplastics to at least half that of fossil-fuel-based plastics. A Lululemon shirt containing plant-based nylon. Only plant-based plastics that are chemically identical to fossil-fuel–based versions can enter the existing and growing recycling infrastructure.

Persons: Bioplastics haven’t, Michael Carus, “, ” Carus, Eastman, Chris Killian, bioplastics, Warby Parker, ”, Biden, Manav, olefins, Dow, bioethylene, LVMH Moët Hennessy Louis, Haley Lowry, Dieter Holger Organizations: Sustainable Business, Kodak, U.S . Defense Department, European, dieter.holger Locations: China, Japan, biomanufacturing, U.S, Iowa

☆ Opinion: Hitting the gym or going to yoga? Your workout clothes could be doing more harm than you realize
▼ + stars: | 2023-08-16 | by ( Opinion Alden Wicker | ) edition.cnn.com time to read: +13 min

BPA is an endocrine disruptor, meaning that it mimics or interferes with the body’s hormones. It governs weight management and your energy levels, not to mention your skin’s appearance and your ability to fend off illness. Others have tried to argue that some of the chemicals in clothing fell within the legal and regulatory limits. The signs that something is very, very wrong with our reproductive health and endocrine systems are myriad. After all, you might be undoing the benefits of hitting the gym every day when your workout clothes could be doing so much damage to your health.

Persons: Alden Wicker, Athleta, Alden Wicker Alden Wicker, There’s, bisphenol, Ashley Eskew, “, Thinx, ” Dr, Laura Vandenberg, Down, ”, Shanna, Dr, Graham Peaslee, PFAS, Swan, lipsticks, ‘, ” Eskew, Eskew Organizations: New York Times, Vox, Wired, CNN, Center for Environmental Health, Nike, IKEA, Canadian Broadcasting Corporation, CBC, US Environmental Protection Agency, Industry, University of Massachusetts Amherst, of Environmental Health Sciences, Notre, Twitter Locations: Putnam, California, Patagonia, ” North Carolina, Spain

☆ Kantamanto market: At one of the world’s largest clothing dumps, textiles are getting a new lease of life
▼ + stars: | 2023-08-10 | by ( Jenny Marc | ) edition.cnn.com time to read: +6 min

They belong to a vendor in one of the world’s largest secondhand clothing markets, who plans on selling these clothes for a small profit. Using research, advocacy and innovation, the foundation draws attention to textile waste and finds ways to reuse it. A water stream across the street from Kantamanto textile market is choked with discarded clothing, essentially becoming a makeshift landfill. They purchase used clothing by the bale, without knowing what’s inside, in hopes of selling it for profit. The regulations will make the collection of textile waste mandatory in 2025, but the organization says these changes won’t be enough.

Persons: Ghana CNN — Kennie MacCarthy rummages, MacCarthy, ” MacCarthy, Andrew Caballero, Reynolds, Jenny Marc, “ I’ve, ”, –, Kayayei, “, Liz Branson, MacCarthy – Organizations: Ghana CNN, Bloomberg, Charities, CNN Merchants, Foundation, CNN, European Commission Locations: Accra, Ghana, Kantamanto, Europe, North America

☆ Handbags and hats made of mushroom leather could become the next luxury items for brands like Hermès
▼ + stars: | 2023-08-10 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

The company will open its first commercial plant in September to supply luxury brands like Hermès. Fashion brands are investing in materials that don't use animals or plastic to meet climate goals. Many fashion brands have set climate goals and are searching for sustainable substitutes to animal- or plastic-based leather and other textiles with high carbon footprints. An Hermès bag made of MycoWorks' mycelium leather. She sees a luxury fashion house like Hermès as an ideal pioneer for alternative leather because the brand's status is based in part on scarcity.

Persons: MycoWorks, Matt Scullin, Coppie Barbieri, Scullin, Stella McCartney, Dan Widmaier, haven't, Anne Higonnet, Hermès, Birkin, Higonnet, Reishi, That's Organizations: Service, Ligne, General Motors, Adidas, Vogue Business, New York's Barnard College, Consumers Locations: Wall, Silicon, San Francisco, South Carolina

☆ The secret side of the Mediterranean – by boat in Turkey
▼ + stars: | 2023-08-07 | by ( Rob Hodgetts | ) edition.cnn.com time to read: +10 min

Tropez of Turkey,” but there are plentiful nooks and crannies to discover away from the crowds. Jetties jut into the emerald water enticing boat crews to dine at the small tavernas, including Captain Ibrahim’s and Rosemary Restaurant. Across the gulf on its own peninsula is pretty waterfront town Bozburun, known for its thyme honey, sponge fishing and traditional boat builders. Bestas Limani is known as Cold Water Bay as it's fed by chilly mountain springs. To the south of Fethiye is Bestas Limani, more commonly known as Cold Water Bay because of the cold springs that flow from the mountains.

Persons: Ada, Tropez of, Captain Ibrahim’s, Rosemary, Cleopatra, Mark Antony, Aphrodite, Sleepy Selimiye, Marmaris, Bükü, Mattia Sobieski, St, Nicholas –, – Organizations: CNN, Baba, Q Locations: Coast . Gulf, Gökova, Yalıkavak, Gümüşlük, Kalymnos, Fenerci, Kos, St, Tropez, Tropez of Turkey, ”, Bodrum, Orak, Maldives, North Africa, Kedrai, Değirmen, Knidos, Hisarönü, Simi, bougainvillea, Turkey, Palamut, Bençik Bay, Loryma, Hellenic, Çiftlik, Marmaris, Ekinçik, Kaunos, . Gulf, Fethiye, imageBROKER.com, Telmessos, Turkish, Tersane, Ottoman, Ruin, Wall, Kayaköy, Lausanne, Gemiler

☆ Will AI be an economic blessing or curse? History offers clues
▼ + stars: | 2023-08-07 | by ( Mark John | ) www.reuters.com time to read: +6 min

Backers of AI predict a productivity leap that will generate wealth and improve living standards. The productivity gains it was once lauded for have slowed across many economies. In a globalised economy, there are other reasons to doubt whether the potential gains of AI will be felt evenly. That is just one of several factors that will help determine how AI shapes our economic lives - from antitrust policies that ensure healthy competition among AI suppliers through to re-training of workforces. "The question is: will AI exacerbate existing inequalities or could it actually help us get back to something much fairer?"

Persons: Richard Erkhov, Yiannis, Simon Johnson, Johnson, Daron Acemoglu, jenny, Natixis, Stefano Scarpetta, MIT's Johnson, Mary Towers, Eva Mathews, Mark John, Catherine Evans Organizations: REUTERS, MIT Sloan School of Management, McKinsey, Hollywood, Reuters, Labour, Social Affairs, Economic Cooperation, Development, UN, POWER, Britain's Trades Union, OECD, Thomson Locations: Pascal, Nicosia, Cyprus, U.S, American, Paris, Bengaluru

☆ How to pick the coolest clothing for a heat wave
▼ + stars: | 2023-08-06 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

As the planet warms, experts say picking the right clothing to beat the heat will be critical to your health and well-being. Allow sweat to evaporateHumans are designed to self-regulate body temperature by radiating heat directly off the skin and by sweating. “But while you’re exercising, it would be a great choice.”At this time, however, no wardrobe choices can protect the body from really intense heat, Katta said. “The National Weather Service has done a great job of emphasizing the heat index, which considers both heat and humidity, and I think it’s really important,” Katta said. “We can create textiles, clothing and accessories as a form of health, for medicine, for human comfort,” Hu said.

Persons: ”, Rajani, it’s, Prabu, “, Katta, Petros Giannakouris, ” Katta, wicks, Dr, It’s, Jinlian Hu, Hu, Jade Gao, ” Hu Organizations: CNN, American Academy of Dermatology, Tourists, Skin Cancer, National Weather Service, City University of Hong, university’s, Healthcare, Getty Locations: Houston, Athens, Greece, City University of Hong Kong, Beijing, AFP

The White House has said Biden was never in business with his son. "Republicans may have to find something else to criticize me for now that inflation is coming down. "Workers who have been left behind for decades aren't just finding jobs, more jobs, they're finding better jobs, with higher pay," Biden said. Biden detailed decades of job loss in Maine, as the state's historical industries, including textiles and paper, shut factories for lower-cost destinations. Several Democratic members of the U.S. House of Representatives met at the White House on Friday to discuss implementing the $1 trillion infrastructure bill that Biden has signed into law.

Persons: Joe Biden, Kevin McCarthy, Biden, Hunter Biden, David Weiss of, Jonathan Ernst Biden's, Donald Trump, Ronald Reagan, Steny Hoyer, Jarrett Renshaw, Trevor Hunnicutt, Steve Holland, Leslie Adler, Heather Timmons, Deepa Babington Organizations: Republican, Republicans, U.S, Trump, White, Workers, Auburn Manufacturing Inc, FOCUS, Auburn Manufacturing, REUTERS, Federal Reserve, Auburn, Democratic, U.S . House, Thomson Locations: AUBURN, Maine, Washington, David Weiss of Delaware, U.S, Auburn , Maine, Auburn, Maine’s, New England

☆ Bill Gates-backed Antora is making big batteries to help factories transition to clean energy
▼ + stars: | 2023-07-27 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Now, companies like Form Energy, AtmosZero and a Silicon Valley-based startup called Antora Energy are tackling the challenge with more affordable battery technology. "Because of that we're able to store energy at much lower costs." Christina Karapataki of Breakthrough Energy Ventures, which was founded by Bill Gates, says this business could be particularly lucrative. There are now about a dozen thermal energy storage companies using sand, rock, brick or other types of ceramic to store energy as heat. Along with funding from Breakthrough energy, Antora is also backed by Chris Sacca's Lowercarbon Capital, Shell Ventures, BHP Ventures, Grok Ventures and Trust Ventures.

Persons: We've, Justin Briggs, We're, Briggs, Christina Karapataki, Bill Gates, Karapataki, Antora, Chris Sacca's Organizations: Energy, Breakthrough Energy Ventures, Shell Ventures, BHP Ventures, Grok Ventures, Trust Ventures Locations: Fresno , California

Paris/London CNN —France is to introduce a scheme that will subsidize repairs to clothing and shoes in order to cut waste and planet-heating pollution from the textile industry. “What I hope is that the French will become aware of what we can see, that is the impact of the textile industry across the world today,” she said. Tailors, clothes brands and repair shops can join the initiative for free via Refashion, which will collect a small “eco-contribution” on sales to cover the subsidy. Refashion will then arrange for the companies signed up to the scheme to be refunded within 15 days. The scheme follows a similar French initiative for white goods such as fridges and washing machines.

Persons: ” Couillard, ”, Refashion Organizations: London CNN — Locations: Paris, London, London CNN — France, France

☆ Banana Republic Wants to Outfit Your Home, Too
▼ + stars: | 2023-07-13 | by ( Jordyn Holman | More About Jordyn Holman | ) www.nytimes.com time to read: +1 min

Inside Banana Republic’s design studio in San Francisco, Sandra Stangl, the company’s chief executive, pointed to an item that had been creating buzz in stores. Instead, Ms. Stangl walked toward a king-size bed with a parchment-colored backboard. The company has started putting these bed frames, which sell for around $5,000, near the front of its stores in Los Angeles and New York. Enough shoppers have asked if they were for sale — the answer: Not yet, but Ms. Stangl and her team are taking a limited number of pre-orders for the fall. Shoppers usually think about outfitting themselves, not their homes, when they walk into Banana Republic.

Persons: Sandra Stangl, Stangl, ” Ms Organizations: Shoppers Locations: San Francisco, Los Angeles and New York, Republic

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