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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther rises, and SEC says FTX diverted $200 million of customer funds for venture deals: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Saro McKenna, the co-founder of Alien Worlds, breaks down the outlook for NFT's in the new year.

☆ Google will soon kill the cookie, and 2023 will be the year to show whether the technology invented to replace it can save the ad industry's revenue
▼ + stars: | 2022-12-22 | by ( Ryan Joe | ) www.businessinsider.com time to read: +7 min

The loss of the cookie and other ways to identify people online has caused ad revenue to crater. "Too soon to say, but the platforms don't like it," said David Temkin, a Google executive who focuses on ads privacy. "Clean rooms we think are promising because they can respect user privacy," Temkin said. He notes that clean rooms can be slow and expensive. The prevalence of retail media already jumpstarted the need for clean rooms in 2022, said Scott Howe, CEO of LiveRamp, which provides clean rooms and identifiers.

☆ I run a holiday toy drive. Here's how to avoid common mistakes and make the most impact with your donations.
▼ + stars: | 2022-12-16 | by ( Jen Glantz | ) www.businessinsider.com time to read: +6 min

McKenna Reitz , 40, is a teacher and motivational speaker who started a toy drive at her Ohio school. 40, is a teacher and motivational speaker who started a toy drive at her Ohio school. So you have to lead with the purpose and goal for your toy drive. Every year, we do a handful of things to help get the word out about our toy drive. As we move into our eighth annual toy drive, my best piece of advice for others is to just go for it and don't feel like you have to start small.

☆ Analysis: Peru markets take in political drama as investors focus on fundamentals
▼ + stars: | 2022-12-07 | by ( Rodrigo Campos | ) www.reuters.com time to read: +3 min

The Peruvian sol currency and dollar bond prices recovered early losses after President Pedro Castillo was removed in an impeachment trial following his attempt to dissolve Congress. The sol remains one of the few emerging market currencies with gains against the U.S. dollar so far this year. "So much political uncertainty is never welcome, yet the reason why markets have historically shrugged off political developments in Peru has to do with the fact that the country's fundamentals are decently strong." The sol fell over 2% against the dollar at its session low of 3.8898 before recovering slightly to trade down 1.4% at 3.8625 per dollar in early afternoon trading. Vice President Dina Boluarte was sworn as president through 2026 and the first woman to lead the Andean nation.

☆ Why aluminum plants in the U.S. are far more polluting than some of their counterparts abroad
▼ + stars: | 2022-12-06 | by ( Phil Mckenna | Inside Climate News | ) www.nbcnews.com time to read: +15 min

A plant worker uses a crane to lift a cask of molten aluminum a Century Aluminum Company plant in Hawesville, Ky. in 2017. Of the five remaining facilities, only the Century Aluminum Sebree plant in Robards, which employs 625 workers, and a smaller Alcoa plant in Massena, New York, run at full capacity. Phillip McKenna/NBC NewsSteinsen, of Century Aluminum, said the company has no plans to shut down its Sebree facility in Robards. In 2015, when the U.S. aluminum production was in steep decline, the EPA ended its industry partnership. In 2019, 7,510 metric tons of PFCs were emitted from global aluminum production, according to a study published last year in the Journal of Geophysical Research — Atmospheres.

☆ Aluminum plants in the U.S. are releasing tons of a highly potent greenhouse gas, unlike their counterparts abroad
▼ + stars: | 2022-12-06 | by ( Phil Mckenna | Inside Climate News | ) www.cnbc.com time to read: +7 min

In written testimony submitted to the U.S. International Trade Commission in 2017, Century Aluminum executives said aluminum producers were being "decimated" by "unfair practices of Chinese aluminum producers." "The continued viability of the aluminum industry outside of China, and especially in the United States, is dependent upon a prompt and effective solution to China's overcapacity and overproduction." Steinsen, of Century Aluminum, said the company has no plans to shut down its Sebree facility in Robards. A spokesperson for the agency said, "EPA continues to track facility specific emissions from the aluminum industry through the Greenhouse Gas Reporting Program." In 2019, 7,510 metric tons of PFCs were emitted from global aluminum production, according to a study published last year in the Journal of Geophysical Research — Atmospheres.

☆ Xi Jinping's Biggest Crisis yet: China Lockdown Protests, Stumbling Economy
▼ + stars: | 2022-12-01 | by ( Linette Lopez | ) www.businessinsider.com time to read: +8 min

Over what has been a stunning week, China has erupted in mass protests calling for an end to the country's restrictive COVID lockdowns. Easing the COVID lockdowns could spur a potentially devastating public health crisis. Accepting Western vaccines or rolling back zero COVID would be a tacit admission that he is fallible. There's lots of money to be made in China, and its economy would almost certainly improve if zero COVID restrictions were loosened. Under Xi, China was already shuttering its doors long before the pandemic struck.

☆ Lachlan Murdoch biographer breaks down his relationship with father Rupert Murdoch and why a merger of Fox and News Corp is about 'entrenching Lachlan's control'
▼ + stars: | 2022-11-30 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +10 min

A new unauthorized biography of Lachlan Murdoch explores his business profile and family relationships. Its author, Paddy Manning, speculates about who might exit if Rupert Murdoch's Fox Corp and News Corp recombine. Rupert Murdoch remains executive chairman of News Corp and chairman of Fox. Lachlan Murdoch was named Fox's CEO, and James Murdoch, after four years as CEO of 21st Century Fox, was left to carve his own path. If you're looking longer-term about who's going to run the company beyond the merger, if it happens, [News Corp CEO] Robert Thomson is probably retiring.

☆ Macau Under Spotlight Amid U.S. Inspections of China-Based Audits
▼ + stars: | 2022-11-13 | by ( Mark Maurer | ) www.wsj.com time to read: +8 min

The PCAOB, which began inspections of China-based audits in September, will decide by year-end whether China is complying with the agreement. “We do not know if these firms, especially in the U.S., have been adequately supervising the Macau firms,” she said. The Macau firms’ work isn’t immune from PCAOB inspection. PwC Macau is a separate legal entity, but it is run as part of the firm’s China operations, a spokesman said. “The China firm is taking responsibility, treating it as a branch office,” Ms. McKenna said.

☆ Lachlan Murdoch biographer breaks down his relationship with dad Rupert and why his siblings want to change 'destructive' Fox News
▼ + stars: | 2022-11-10 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +9 min

A new unauthorized biography of Lachlan Murdoch explores his business profile and family relationships. Its author, Paddy Manning, speculates about who might exit if Rupert Murdoch's Fox Corp and News Corp recombine. Lachlan Murdoch was named Fox's CEO, and James Murdoch, after four years as CEO of 21st Century Fox, was left to carve his own path. Why did you want to write a book about Lachlan Murdoch? Did you talk to Lachlan Murdoch?

☆ LinkedIn ghostwriters say demand for their services has surged in recent months, with some making up to $12,700 for 16 posts
▼ + stars: | 2022-11-10 | by ( Jp Mangalindan | ) www.businessinsider.com time to read: +5 min

LinkedIn ghostwriters told Insider they had seen a surge in demand for their services this year. LinkedIn ghostwriters say they've seen demand for their services surge higher in the months since Insider first reported on the rapidly growing trend this spring. Horstmeyer partly attributed the increased interest in her services to heightened awareness around LinkedIn ghostwriting as a practice. Pricing for LinkedIn ghostwriting services varies widely, although generally ranges from $2,500 to $10,000 a month. Holly Crawshaw, another Atlanta-based writer who splits her time between ghostwriting LinkedIn content and manuscripts, said she has also seen demand for Linkedin ghostwriting soar in 2022.

☆ UN experts at COP27: Corporate climate pledges rife with greenwashing
▼ + stars: | 2022-11-08 | by ( Gloria Dickie | ) www.reuters.com time to read: +3 min

[1/2] Secretary-General of the United Nations Antonio Guterres, Egyptian President Abdel Fattah al-Sisi and others attend the COP27 climate summit in Sharm el-Sheikh, Egypt November 7, 2022. At last year's climate negotiations in Glasgow, U.N. Secretary-General Antonio Guterres appointed 17 experts to review the integrity of non-state net zero commitments amid concerns about "a surplus of confusion and deficit of credibility" involving corporate green boasting. "Bogus net zero claims drive up the cost that ultimately everyone will pay," she said. An estimated 80% of global emissions are now covered by pledges that commit to reaching net zero emissions. For example, a company cannot claim to be net zero if it continues to build or invest in new fossil fuel infrastructure or deforestation.

☆ U.S. dollar has room to strengthen further until early next year, says strategist
▼ + stars: | 2022-10-31 | 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 EmailU.S. dollar has room to strengthen further until early next year, says strategistBrendan McKenna of Wells Fargo Securities says as interest rate differentials continue to widen, the U.S. dollar will strengthen throughout this year and early into 2023.

☆ Walmart doubles down on Africa despite a decade of frustration
▼ + stars: | 2022-10-21 | by ( Nqobile Dludla | ) www.reuters.com time to read: +8 min

A shopper pushes a trolley as she leaves a Builders Warehouse store owned by Walmart-led Massmart Holdings in South Africa, at Gleneagles, in the south of Johannesburg, South Africa, October 20, 2022. Instead, Massmart's units outside South Africa struggled with foreign exchange risk, tricky regulatory environments and macroeconomic volatility. Earlier this year, an internal Amazon.com Inc (AMZN.O) memo detailing its expansion plans, including a maiden foray onto the continent via South Africa, leaked to media. The pending battle with its global rival looms over Walmart's e-commerce strategy for Massmart, several shareholders told Reuters. While Walmart can now firmly set the direction at its South African unit, its track record outside the United States is spotty.

☆ Walmart's net profit rises 10% in Mexico, even as expenses climb
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

MEXICO CITY, Oct 20 (Reuters) - Walmart's Mexico unit on Thursday posted a 10% jump in third-quarter net profit, tracking analyst estimates, while expenses grew faster than revenue due to higher e-commerce and labor costs, the company said. Walmart de Mexico (WALMEX.MX), the biggest retailer in Mexico, posted a net profit of 12.15 billion pesos ($603.8 million), or 0.70 pesos a share, compared with the Refinitiv estimate of 0.69 pesos. The company known as Walmex said e-commerce makes up 4.8% of total Mexico sales, up from 4.5% a year ago. "The current environment requires a lot more focus and attention than the day-to-day business typically does," said Chief Executive Guilherme Loureiro in the results webcast. Annual inflation hit 8.76% in the first half of September.

☆ New ‘Buffalo Rangers’ series to highlight Korean War heroics by all-Black U.S. military unit
▼ + stars: | 2022-10-20 | by ( ) www.nbcnews.com time to read: +2 min

“Band of Brothers” writer Bruce McKenna is teaming with David Broyles (“Six”) and Nick Jones Jr. (“Yasuke”) to write and produce a limited TV series “Buffalo Rangers” about the 2nd Ranger Company, the only all-Black special operations combat unit in U.S. history. The series is being produced by South Korea-based Moving Pictures Company, which has a growing English-language slate. Tim McCoy, a 2nd Ranger company historian for many years, will serve as a consultant to the project. The 2nd Rangers were made of volunteers from other army regiments and were commanded by Black officers. Martin Chase called the project, “a true, forgotten, classic action tale about Black men who displayed amazing courage and heroism in the face of war and seemingly insurmountable obstacles.”

You may find yourself continually obeying a toxic boss despite how they treat you. Ronald Riggio, a professor of leadership psychology, told CNBC four key reasons why this happens. "A bad leader attracts henchpersons who surround them because they like being connected to a powerful person," Riggio told CNBC. 'Cognitive laziness'If you have a toxic boss, it can be very tempting to try and ignore the problem and tell yourself everything is fine because it's too much effort to do anything about it. Thinking good results mean good managementWhile you may see a manager's toxic behavior, others may just see that they're producing good results, which often hides their conduct, Riggio said.

☆ Biden, Mexican president discuss migration, fentanyl trafficking -White House
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: 1 min

Mexico president says he spoke with Walmart exec about lowering inflation on food products, article with imageAmericas · October 18, 2022Mexican President Andres Manuel Lopez Obrador said on Tuesday that he met with Judith McKenna, the head of Walmart Inc's international division, about "doing everything possible" to lower inflation on food products.

☆ Mexico president says he spoke with Walmart exec about lowering inflation on food products
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Oct 18 (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Tuesday that he met with Walmart International President and CEO Judith McKenna about "doing everything possible" to lower inflation on food products. It comes weeks after Mexican officials announced a deal with more than a dozen food makers and retailers, including Walmart, to halt rising food prices, with annual inflation in Latin America's second-largest economy hitting 8.76% in the first half of September. Data from the country's statistics agency showed food, beverage and tobacco prices rose 13.27% year-on-year. The company represents 25% of Mexico's retail sales, Lopez Obrador wrote on Twitter. Register now for FREE unlimited access to Reuters.com RegisterReporting by Anthony Esposito; Writing by Valentine Hilaire; Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.

☆ Wisconsin lawyer suing over fake elector plot wants to probe Ron Johnson’s Jan. 6 communications
▼ + stars: | 2022-10-14 | by ( Natasha Korecki | Natasha Korecki Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +8 min

Johnson has since said that he knew nothing of a fake elector scheme, which is now part of a sprawling federal investigation. The Wisconsin lawsuit alleges that Troupis was a link between the Trump campaign and the fake electors, and allegedly relayed the strategy behind the scheme to Trump allies in Wisconsin. “He’s changed his story a couple of times on handing off fake electors to the vice president or trying to,” Franken said in an interview with NBC News. After Pence’s staff told Johnson’s aide not to give them the slate of electors Jan. 6, Johnson said he informed Troupis. At a recent event at the Milwaukee Rotary Club, Johnson was asked about his actions around Jan. 6.

☆ Popular ex-Peloton instructor alleges executive mocked him for being Irish and seeking Covid exemption
▼ + stars: | 2022-10-13 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

A popular former Peloton instructor sued the company for $1.8 million Wednesday, alleging an executive disparaged his Irish ethnicity and ridiculed him for seeking a Covid-19 vaccine exemption. The leave was at odds with the culture of “corporate America,” the suit alleges Cotter said. McKenna was invited to audition for the company after building a following as a personal fitness instructor, the suit says. He experienced an "80 percent growth in followers and highest percentage growth of any Peloton instructor," the suit claims. After McKenna was vaccinated, the suit alleges Cotter "forced" him to observe a 14-day quarantine while he repeatedly tested negative.

☆ MLB roundup: Guardians clinch AL Central title for first time since 2018
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +13 min

Hunter Dozier capped the Royals' scoring with an RBI single to make it 13-11 following Ryan O'Hearn's two-run double. Astros 6, Orioles 3 (11 innings)Christian Vazquez's two-run single capped a four-run 11th inning and visiting Houston defeated Baltimore. Jeimer Candelario followed Schoop's RBI single with a run-scoring single of his own. The White Sox's loss allowed the Cleveland Guardians to clinch their first American League Central title since 2018. Yadier Molina had an RBI single for the NL Central-leading Cardinals, who dropped consecutive games to the Dodgers after winning Friday.

A decade-old scandal at a Massachusetts crime lab — which led authorities to dismiss tens of thousands of drug convictions — may involve wrongdoing by more people than was previously known, according to a recent court order. At least one person was referred to the state attorney general’s office in 2015 for potential prosecution, Judge John T. Lu wrote last week. The ruling stokes lingering doubts about statements by the state inspector general’s office over the past eight years that Dookhan was the “sole bad actor” at the Hinton lab. Bizuayehu Tesfaye / APDookhan’s misconduct at the Hinton lab was exposed in 2012, after she had worked there for nearly a decade. A spokesman for the inspector general’s office declined to comment, citing ongoing litigation.

☆ Analysis: Japan is chasing its tail on yen intervention
▼ + stars: | 2022-09-23 | by ( Vidya Ranganathan | ) www.reuters.com time to read: +4 min

Banknotes of Japanese yen are seen in this illustration picture taken September 22, 2022. Thursday's sudden burst of yen-buying intervention by Japanese authorities -- the first instance since 1998 - caused a large 6 yen move between 140 and 146 in the dollar-yen exchange rate . U.S. policy rates are now 3 percentage points higher than Japan's. Governor Haruhiko Kuroda made clear that policy won't change, and even the yen the BOJ is buying as part of intervention will be replaced. while the boj intervened heavily between april and june 1998, the yen didn't trough until September.

☆ Duke Energy is one of the top leakers of a gas that is 25,000 times more polluting than carbon dioxide, EPA records show
▼ + stars: | 2022-09-21 | by ( Phil Mckenna | Inside Climate News | ) www.nbcnews.com time to read: +22 min

The emissions were equal to the annual greenhouse gas emissions of more than 59,000 automobiles, according to the EPA’s greenhouse gas equivalency calculator. Under such a scenario Duke Energy would likely have years of low emissions punctuated by a single year of high emissions. While other utilities have participated for decades in a voluntary program with the EPA to reduce SF6 emissions to next to nothing, Duke Energy has not. Brooks said Duke Energy is also targeting its most leaky equipment for faster replacement. The figure is roughly half of 1% of all greenhouse gas emissions worldwide, far smaller than yearly emissions of carbon dioxide, the primary driver of climate change.

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