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☆ Flash floods foreshadow a threatening reality in New York City
▼ + stars: | 2023-09-30 | by ( Denise Chow | Evan Bush | ) www.cnbc.com time to read: +8 min

Cars drive along a flooded street on Church Avenue amid a coastal storm on September 29, 2023 in the Flatbush neighborhood of Brooklyn borough New York City. And more than a decade after Hurricane Sandy forced officials to rethink the meaning of climate resilience in New York City, it appears there's still much to be done. Kathy Hochul declared a state of emergency for New York City, Long Island and the Hudson Valley, calling the storm a "life-threatening rainfall event." The storm caused about $19 billion in damage to New York City. In densely populated cities like New York, flooding risks are heightened because of the built environment and lack of green spaces.

Persons: Michael M, Hurricane Ida, Hurricane Sandy, Joseph Kane, Steve Bowen, Gallagher, Bowen, Kathy Hochul, Eric Adams, Spencer Platt, Zachary Iscol, Sandy, Superstorm Sandy, Louise Yeung, Yeung, Hurricane Sandy —, Ida, Mona Hemmati, Hemmati, Andrew Kelly Organizations: Brooklyn borough New, Santiago, Getty, Hurricane, Brookings Institute, NBC News, Gallagher Re, . New York Gov, York City, Prospect, Columbia Climate School, New York City Department of Environmental Locations: Flatbush, Brooklyn borough, Brooklyn borough New York City, New York City, Brooklyn, New York, New York , New Jersey, Connecticut, Long, Hudson, York, Brooklyn Borough, Zachary Iscol , New York, Hurricane, Atlantic City, New Jersey, Manhattan, Williamsburg, U.S

☆ Walgreens considers former Cigna exec. Tim Wentworth as next CEO - Bloomberg News
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: 1 min

Sept 29 (Reuters) - Walgreens Boots Alliance Inc (WBA.O) is considering former Cigna Group (CI.N) executive Tim Wentworth to be its next chief executive, Bloomberg News reported on Friday, citing people familiar with the matter. The pharmacy giant has been searching for a new CEO after it announced the abrupt departure of Rosalind Brewer from the position earlier this month. A final decision has not been made and Wentworth may not wind up in the job, the report said. Wentworth was CEO of Cigna's Evernorth unit till he retired at the end of 2021. Reporting by Leroy Leo in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Tim Wentworth, Rosalind Brewer, Wentworth, Cigna's, Leroy Leo, Shinjini Organizations: Walgreens, Alliance, Cigna, Bloomberg, Thomson Locations: Bengaluru

☆ India's population has surpassed China's, but its labor force is still lagging by a large margin
▼ + stars: | 2023-09-29 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +1 min

India may be the most populous country in the world, but its labor force continues to lag behind China's, according to Oxford Economics. Even though India has the world's largest population, its labor force participation is only at 51%, trailing China by 25 percentage points. "Although the rate will increase over time, our current projections suggest India's labor force will remain smaller than China's until the late 2040s," Oxford said in a report last week. Although a larger proportion of India's population is of working age, those between the ages of 15 and 64 only make up 51% of the country's labor force, compared to 76% in China. China's population would have dipped to 1.1 billion by then, the report said.

Persons: Oxford Organizations: Haier Appliances India, Oxford Economics Locations: Greater Noida, India, China

☆ TikTok's Southeast Asia ambitions to take a major hit with Indonesia ban
▼ + stars: | 2023-09-29 | by ( Sheila Chiang | ) www.cnbc.com time to read: +5 min

Aditya Aji | Afp | Getty ImagesTikTok's Southeast Asian ambitions will take a major hit after Indonesia bans shopping transactions on social media apps, analysts told CNBC. Indonesia has banned e-commerce transactions on social media platforms such as TikTok Shop and Facebook . Even if it can secure a separate license to operate, operating as a standalone app may still be challenging. "Even if it can secure a separate license to operate, operating as a standalone app may still be challenging," said Mittal. New social media rulesOn Saturday, Indonesia's President Joko Widodo called for social media regulations, saying such platforms impact micro-, small- and medium-sized companies and the economy.

Persons: Aditya Aji, Jonathan Woo, Sachin, Sachin Mittal, TikTok, Mittal, Joko Widodo Organizations: Facebook, Afp, Getty, CNBC, Phillip Securities Research, Sachin Mittal DBS Bank, U.S, DBS Bank, BMI, Momentum Works Locations: Bogor, West Java, Indonesia, Jakarta, China, Southeast Asia, U.S, Singapore, Montana, India

WAKE FOREST, N.C. (AP) — The endangered red wolf can survive in the wild, but only with “significant additional management intervention,” according to a long-awaited population viability analysis released Friday. It calls for spending nearly $328 million over the next 50 years to get the red wolf off the endangered species list. The red wolf once roamed from central Texas to southern Iowa and as far east as Long Island, New York. “We have not yet identified locations for establishing new Red Wolf populations,” the report said. But the viability study cautioned that such releases be done very carefully, so as not to reduce the genetic diversity within the captive-bred population.

Persons: “, rufus ” —, Red Wolf, Parks Shannon Estenoz, Wolf, ”, Ramona McGee Organizations: Fish, Wildlife Service, Wildlife, Parks, Texas -, Southern Environmental Law Locations: N.C, U.S, United States, Fish, North Carolina, Texas, Iowa, Long, , New York, Texas - Louisiana, Smoky

☆ EU starts early-stage probe into Nvidia-dominated AI chip market's abuses - Bloomberg News
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +1 min

The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith/File Photo Acquire Licensing Rights企業 NVIDIA Corp フォローSept 29 (Reuters) - The European Union is examining alleged anticompetitive abuses in chips used for artificial intelligence, a market which Nvidia (NVDA.O) dominates, Bloomberg News reported on Friday, citing people familiar with the matter. Nvidia declined to comment, while the European Commission did not immediately respond to Reuters' request for a comment. France's competition authority raided Nvidia's local offices this week on suspicion the chipmaker engaged in anticompetitive practices, the Wall Street Journal reported on Thursday. Reporting by Chavi Mehta in Bengaluru; Editing by Shilpi Majumdar私たちの行動規範：トムソン・ロイター「信頼の原則」

Persons: Robert Galbraith, Chavi Mehta, Shilpi Majumdar 私 Organizations: Nvidia, REUTERS, NVIDIA, European, Bloomberg, European Commission, Commission, Reuters, Wall Street Locations: Santa Clara , California, Bengaluru

☆ Apple, China met to discuss Beijing's crackdown on western apps, Wall Street Journal reports
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +1 min

A man check his phone near an Apple logo outside its store in Shanghai, China September 13, 2023. The officials told Apple that it must strictly implement the rules which ban unregistered foreign apps, the report said, citing people familiar with the matter. Beijing has been expanding oversight of smartphone and mobile app usage over the past several years, and now requires mobile app stores and mobile apps to submit business details to the government. Apple has not disclosed how its app store in China will comply with Beijing’s new rules. Experts said Apple's compliance could lead to tens of thousands of apps being removed from its app store in China.

Persons: Aly, Jose Joseph, Nivedita Bhattacharjee Organizations: Apple, REUTERS, Wall Street, Reuters, Thomson Locations: Shanghai, China, Beijing, Bengaluru

☆ Putin has been ignoring his generals and directing the war himself, analysts say — and has been surprisingly cautious
▼ + stars: | 2023-09-29 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

Putin is largely ignoring the expertise of his military advisors, US analysts said in a report. The experts at the RAND Corporation said Putin has proved more cautious than many expected. AdvertisementAdvertisementRussian President Vladimir Putin is making key decisions about the Ukraine war largely on his own, without input from his generals, analysts said in a report published last week. "Putin [is] making key decisions largely on his own without substantial influence from the Russian General Staff," the analysts said in the report. AdvertisementAdvertisementDespite this, Western countries have provided billions of dollars of equipment to Ukraine, including steadily expanding its capabilities with aid including advanced Western tanks, artillery, and cruise missiles.

Persons: Putin, —, Vladimir Putin, Defence Sergei Shoigu, Dara Massicot Organizations: RAND Corporation, Service, Russian General Staff, RAND, Defence, New York Times, NATO, Associated Press, West, CNN Locations: Ukraine, Putin, Russia, Kremlin

☆ Hedge fund giant Third Point reportedly facing big investor outflows in 2023 amid slumping returns
▼ + stars: | 2023-09-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Dan Loeb's Third Point is dealing with big investor outflows in 2023, the Wall Street Journal reported. Investors have pulled funds after Loeb missed out on the huge tech rally earlier this year. The WSJ report said Loeb is now betting on an eventual credit crunch amid rising interest rates. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. According to a Friday report from The Wall Street Journal, Third Point funds have dropped by about 1.6% through August.

Persons: Dan Loeb's, Loeb, —, Dan Loeb, annualized, Steve Davis, I'm, we've, Sam Bankman Organizations: Wall Street Journal, Investors, Service, Wall Street, Journal Locations: —, Sacramento

☆ Tank battles of the kind the Abrams was built for are rare in Ukraine, where tanks aren't often killed in fights with enemy armor
▼ + stars: | 2023-09-28 | by ( Chris Panella | Ryan Pickrell | ) www.businessinsider.com time to read: +6 min

US-made M1A1 Abrams tanks have arrived in Ukraine, but the war may not give it the opportunity to do what it does best. AdvertisementAdvertisementUkrainian President Volodymyr Zelenskyy said Monday that Abrams tanks had arrived and were "preparing to reinforce our brigades." View of American M1A1 Abrams tanks as they cross the desert during the Gulf War, Iraq, 1991. U.S. Army M1A1 Abrams tank fires during NATO enhanced Forward Presence battle group military exercise Crystal Arrow 2021 in Adazi, Latvia March 26, 2021. AdvertisementAdvertisementBeyond enemy threats, Ukraine will still face a major challenge operating the Abrams on the battlefield — and that is keeping it there.

Persons: Abrams, —, Volodymyr Zelenskyy, Biden, Allan Tannenbaum, there's, hasn't, Moscow's, INTS KALNINS Organizations: Wall Street, Service, Royal United Services Institute, Army, New York Times, US Army, U.S . Army M1A1, NATO Locations: Ukraine, Soviet, Iraq, Russia, Ukrainian, Adazi, Latvia

☆ US, China talks gather momentum, paving way for Xi-Biden Summit- WSJ
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +1 min

Chinese President Xi Jinping attends a reception dinner at the Great Hall of the People ahead of China's National Day in Beijing, China on September 28, 2023. Jade Gao/Pool via REUTERS Acquire Licensing RightsSept 28 (Reuters) - Beijing and Washington are paving the way for Chinese President Xi Jinping to visit the U.S., the Wall Street Journal reported on Thursday. Both sides are discussing a trip to Washington by Xi’s top economic-policy aide, Chinese Vice Premier He Lifeng, the report said citing people briefed on the matter. Lifeng would be the most senior official to travel to the U.S. since President Biden took office, WSJ said, adding that planning is also under-way for China's top diplomat and foreign minister Wang Yi to visit Washington in October to prepare for a Xi summit with Biden. Reporting by Mrinmay Dey in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Xi Jinping, Jade Gao, Lifeng, Biden, Wang Yi, Mrinmay Dey Organizations: of, REUTERS Acquire, Wall Street, Biden, Thomson Locations: Beijing, China, Washington, U.S, Bengaluru

☆ US jail practices are racist and an 'affront to human dignity,' UN experts say
▼ + stars: | 2023-09-28 | by ( Emma Farge | ) www.reuters.com time to read: +3 min

[1/2] A jail cell at the Chatham County Detention Center is pictured in Savannah, Georgia, U.S., February 21, 2019. In a report published on Thursday, three U.N.-appointed experts said they had found practices in U.S. prisons that amounted to "an affront to human dignity" in visits in April and May. The experts "heard, first hand, unbearable direct testimonies of pregnant women shackled during labour, who due to the chaining, lost their babies", it said. Asked to give details, a U.N. rights spokesperson referred to "several" cases and confirmed they all involved Black women. One Black man told the experts he had been kept in isolation for 11 years without interruption, the report said.

Persons: Shannon Stapleton, George Floyd, Black, Juan Mendez, Emma Farge, Kevin Liffey, Timothy Gardner Organizations: Detention, Investigation, Federal Bureau of Prisons, Human Rights, Thomson Locations: Chatham, Savannah , Georgia, U.S, GENEVA, Geneva, Louisiana, Angola, Juan Mendez ., United States

☆ Evergrande shares halted as concerns mount about developer's prospect
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +3 min

An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. Evergrande has been working to get creditors' approval for restructuring its offshore debt. The offshore debt restructuring plan now looks set to falter and the risks of the company being liquidated are rising, some analysts said. The company shares ended down 19% on Wednesday in the Hong Kong market, taking their losses to 81% since the resumption of trading in late August after a 17-month suspension. The recent regulatory easing may stabilize the housing market in the world's second-largest economy to some extent, Saxo Greater China Market Strategist Redmond Wong wrote in a research note.

Persons: Florence Lo, Hui Ka Yan, Hui, Evergrande, Gary Ng, Ng, Redmond Wong, Donny Kwok, Scott Murdoch, Ziyi Tang, Anne Marie Roantree, Sumeet Chatterjee, Kim Coghill, Shri Navaratnam Organizations: REUTERS, China Evergrande, HK, Bloomberg, Reuters, Asia Pacific, China Market, Thomson Locations: Beijing, China, HONG KONG, China's, Evergrande, Asia, Hong Kong, Saxo, Sydney, Lincoln

☆ Epic Games is laying off roughly 900 employees - Bloomberg News
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +1 min

The Epic Games logo, maker of the popular video game "Fortnite", is pictured on a screen in this picture illustration August 14, 2020. REUTERS/Brendan McDermid/Illustration Acquire Licensing RightsSept 28 (Reuters) - "Fortnite" maker Epic Games is laying off about 900 employees, or 16% of its staff, Bloomberg News reported on Thursday. The videogame industry is struggling with a slowdown in spending as inflation-weary gamers become more selective in picking popular titles. Epic Games could not immediately be reached for comment. Reporting by Chavi Mehta and Samrhitha Arunasalam in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Harry Potter, Chavi Mehta, Samrhitha, Arun Koyyur Organizations: REUTERS, Bloomberg, Warner Bros Discovery, Apple, U.S, Supreme, Thomson Locations: Bengaluru

☆ US accuses China of global media manipulation
▼ + stars: | 2023-09-28 | by ( Michael Martina | ) www.reuters.com time to read: +2 min

Mark Schiefelbein/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Sept 28 (Reuters) - China is manipulating global media through censorship, data harvesting and covert purchases of foreign news outlets, the United States said on Thursday, warning the trend could lead to a "sharp contraction" of global freedom of expression. Chinese leaders have sought to combat the negative images of China they feel are spread by world media. It had also invested in satellite networks and digital television services in developing regions that prioritize Chinese state-backed media content. Chinese data harvesting overseas "has enabled Beijing to fine-tune global censorship by targeting specific individuals and organizations," it said. "Unchecked, Beijing's efforts could result in .... a sharp contraction of global freedom of expression," the report said.

Persons: Janet Yellen, Mark Schiefelbein, Michael Martina, Cynthia Osterman Organizations: Treasury, Rights, U.S . State Department, NATO, Global, Center, Thomson Locations: United States, Diaoyutai, Beijing, China, Washington, U.S, .

☆ OpenAI, Jony Ive in talks to raise $1 bln from SoftBank for AI device venture - FT
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +2 min

OpenAI and ChatGPT logos are seen in this illustration taken, February 3, 2023. Sam Altman, OpenAI's chief, has tapped Ive’s company LoveFrom to develop the ChatGPT creator’s first consumer device, the report said. Ive and LoveFrom could not be reached for comment. Tech website The Information first reported on Tuesday that Ive and Altman have been discussing building a new AI hardware device and that Softbank's Son has also been involved in some aspects of the conversation. Reporting by Kanjyik Ghosh in Bengaluru; Editing by Rashmi Aich and Eileen SorengOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, OpenAI, Jony, Sam Altman, LoveFrom, Altman, Steve Jobs, Kanjyik Ghosh, Rashmi Aich, Eileen Soreng Organizations: REUTERS, Apple, Financial Times, OpenAI's, Tech, Thomson Locations: OpenAI, Bengaluru

Two people who know Fu told CNN that they heard from common friends she had a child through surrogacy in the US, though they did not know who the father was. Fu stopped posting on her WeChat social media account in May after returning to China from the US in April, two sources close to Fu told CNN. Fu Xiaotian, 40, was the host of a flagship talk show on Hong Kong-based Chinese broadcaster Phoenix TV. Following Qin’s disappearance, Chinese social media users have scrutinized Fu’s posts on Weibo, a popular microblogging site, where she boasts more than a million followers. She last posted on Wechat, another Chinese social media app, on May 21, the two people who know Fu told CNN.

Persons: Hong Kong CNN — China’s, Qin Gang, Fu Xiaotian, Qin, Fu, Xi Jinping, ”, Fu –, –, Qin’s, “, ” Yun Sun, Sun, That’s, Xiaotian, Zikuan Chen, Fu reminisced, Er, ’ ” Fu Organizations: Hong Kong CNN, Financial Times, Phoenix, CNN, China’s Foreign, ” CNN, China’s, Information Office, Phoenix TV, Wall Street Journal, Communist Party, Stimson, World, Cambridge University, Star, Churchill College, Gulfstream G650, Fu, Federal Aviation Administration, Gulfstream, Anchorage International, Washington DC, Qin Locations: Hong Kong, United States, Beijing, China, Washington, London, Phoenix TV’s London, Fu, Weibo, California, Chongqing, Orange County , California, Italy, alma, Los Angeles, Anchorage, Alaska, Miami

☆ Travis King: North Korea has decided to 'expel' US soldier, state media reports
▼ + stars: | 2023-09-27 | by ( Gawon Bae | ) edition.cnn.com time to read: +2 min

CNN —North Korea has decided “to expel” US Army Private Travis King, who crossed into the North from South Korea during a tour of the joint security area in July, state media KCNA reported on Wednesday. “The relevant organ of the DPRK decided to expel Travis King, a soldier of the U.S. Army who illegally intruded into the territory of the DPRK, under the law of the Republic,” KCNA said. King crossed the military demarcation line from South Korea into North Korea in July during a tour of the Joint Security Area inside the demilitarized zone (DMZ). King, a junior enlisted soldier assigned to US Forces Korea, had faced assault charges in South Korea and was due to return to Fort Bliss, Texas, and be removed from the military just one day before he crossed into North Korea, CNN previously reported. National Security Council spokesman John Kirby said last month that it “would not be out of character” for North Korea to use US soldier Travis King as a propaganda tool or bargaining chip.

Persons: Travis King, ” KCNA, King “, King, Fort, “, John Kirby, ”, ” Kirby, CNN’s Jake Tapper Organizations: CNN, ”, DPRK, U.S . Army, Joint Security, US Forces Korea, ., National Security Locations: Korea, South Korea, Republic, North Korea, Fort Bliss , Texas, DPRK

☆ 'A deaf whale is a dead whale': Activists fight huge Australian fossil fuel project
▼ + stars: | 2023-09-27 | by ( Angus Watson | ) edition.cnn.com time to read: +7 min

According to the Australian Marine Conservation Society, the noise can reach 250 decibels, around a million times “more intense” than the loudest whale sounds. “So, a deaf whale is a dead whale.”Environmental campaigners say Australia should be making greater efforts to reduce its emissions, not build new fossil fuel projects. Campaigners say the projected emissions made a mockery of Australia’s stated commitment to reducing its reliance on fossil fuels. “Scarborough is a part of the Burrup Hub, and that is Australia’s largest fossil fuel project. If it goes ahead we’re looking at emissions equivalent to 12 years of Australia’s greenhouse gas emissions,” said Greenpeace’s Richard George.

Persons: Woodside’s, “, Raelene Cooper, Cooper, ”, Richard George, Alex Westover, Scott Morrison, Anthony Albanese’s, it’s, Woodside, ” Woodside, Wendy Mitchell, ” Cooper, “ Woodside, Australia’s, Greenpeace’s Richard George Organizations: Sydney CNN —, Woodside Energy, Federal, Australian Marine Conservation Society, Greenpeace Australia Pacific, Energy, CNN, Greenpeace, Whales, ” Locations: Australia, Woodside, “ Scarborough, ”, Scarborough, Western Australia, Asia

☆ Vedanta is preparing to demerge sprawling operations- Bloomberg News
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

A man walks past the logo of Vedanta outside its headquarters in Mumbai, India January 31, 2018. The move to demerge could help Vedanta's parent, Vedanta Resources, to manage its debt load, according to Bloomberg's report, which added that Vedanta Resources will remain the holding company for the new units. Vedanta did not immediately respond to a Reuters request for comment on the report outside business hours. The plans stand in contrast to Agarwal's attempts in 2020 to delist Vedanta Ltd to expedite the process of simplifying its corporate structure, which failed. Vedanta Resources has been scrambling to raise funds due to rating downgrades and concerns about meeting debt obligations.

Persons: Danish Siddiqui, Anil Agarwal, Agarwal, Akanksha, Shweta Agarwal Organizations: Vedanta, REUTERS, Danish, India's Vedanta, Bloomberg, Vedanta Resources, Resources, Hindustan Zinc Ltd, Vedanta Ltd, Thomson Locations: Mumbai, India, Hindustan, Bengaluru

☆ Ex-Apple designer Ive, OpenAI's Altman discuss AI hardware -The Information
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

[1/3] AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 26 (Reuters) - Apple's (AAPL.O) former design chief, Jony Ive, and OpenAI CEO Sam Altman have been discussing building a new artificial intelligence (AI) hardware device, The Information reported on Tuesday, citing two people familiar with the matter. SoftBank (9984.T) CEO Masayoshi Son has also been involved in some aspects of the conversation but it is unclear if he will remain involved, the report said. Ive and LoveFrom could not be reached for comment. Ive left Apple in 2019 and subsequently co-founded design firm LoveFrom with fellow designer Marc Newson.

Persons: Dado Ruvic, Jony Ive, Sam Altman, SoftBank, Masayoshi Son, OpenAI, Steve Jobs, Marc Newson, Evelyn Nikhila, Savio D'Souza Organizations: REUTERS, Apple, Ferrari, Microsoft, Thomson Locations: Bengaluru

Policemen prepare for an anti-gang patrol following a year-long state of emergency against gangs, in Soyapango, El Salvador March 24, 2023. It shows police believe 42,826 people, or 36% of those they say are tied to gangs, remain free. Of those, more than 20,000 are considered to be active gang members. Security forces have since arrested more than 72,000 suspected gang members and associates, giving the country the highest incarceration rate in the world. Authorities put alleged gang members into three categories: active members, aspiring members and collaborators, defined as people who assist the gang but are not members.

Persons: Jose Cabezas, Noah Bullock, they've, Nayib Bukele, Marvin Reyes, Reyes, Bullock, Sarah Kinosian, Nelson Renteria, Stephen Eisenhammer, Tom Hogue Organizations: REUTERS, SALVADOR, National Civil Police, Reuters, Gangs, Security, Police Workers Movement, Thomson Locations: Soyapango, El Salvador, El, Mexico City, San Salvador

☆ Unretirement: The lure to return to work
▼ + stars: | 2023-09-27 | by ( Chris Taylor | ) www.reuters.com time to read: +4 min

REUTERS/Mike Segar/File Photo Acquire Licensing RightsNEW YORK, Sept 27 (Reuters) - When Marc Matsil retired to Connecticut's bucolic northwest hills two years ago, fly fishing and hiking filled his days. "Things have opened back up – and some people have realized that not only do they like the financial benefits of working, but the mental stimulation and social benefits as well." If you are nearing retirement, or retired and thinking about working again, here are some important things to consider. FIGURE OUT A SOCIAL SECURITY STRATEGYSome people take Social Security benefits as soon as possible to stay afloat. But if working longer enables you to delay those checks, the financial benefits are significant.

Persons: General Grant, Mike Segar, Marc Matsil, Rowe Price, Judith Ward, Ward, It's, Matsil, Walt Whitman, T.S, Eliot, Octavio Paz, Chris Taylor, Lauren Young, Richard Chang Organizations: General, Memorial, REUTERS, Natural Resources Group, New York City's Department of Parks and, Social, Thomson Locations: Manhattan, New York City, U.S

☆ Pressure piles on China Evergrande with report chairman under police surveillance
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

[1/2] Hui Ka Yan, chairman of Evergrande Real Estate Group Ltd, the country's second-largest property developer by sales, attends a news conference on annual results in Hong Kong, China March 29, 2016. REUTERS/Bobby Yip/File photo Acquire Licensing RightsHONG KONG, Sept 27 (Reuters) - The chairman of China Evergrande Group (3333.HK) has been placed under police surveillance, Bloomberg News reported on Wednesday, ratcheting up pressure on the embattled developer whose outlook has already darkened significantly this week. Citing people with knowledge of the matter, the report said Hui Ka Yan was taken away by police earlier this month and is being monitored at a designated location. Evergrande did not immediately respond to a Reuters request for comment. Markets are also focused on another major Chinese developer, Country Garden (2007.HK), which is facing a new bond coupon repayment deadline on Wednesday.

Persons: Hui Ka Yan, Bobby Yip, Hui, Evergrande, Hengda, Scott Murdoch, Xie Yu, Muralikumar Anantharaman, Neil Fullick Organizations: Real Estate Group, REUTERS, China Evergrande, HK, Bloomberg, Bloomberg News, Reuters, Evergrande, Thomson Locations: Hong Kong, China, HONG KONG, China's, Sydney

☆ Crypto exchange Kraken to offer US-listed stocks' trading - Bloomberg News
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +1 min

Kraken cryptocurrency exchange logo is seen in this illustration taken July 28, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsSept 27 (Reuters) - Crypto exchange Kraken is planning to offer trading in U.S.-listed stocks and exchange-traded funds, Bloomberg News reported on Wednesday, citing a person familiar with the matter. Kraken will initially offer trading in the United States and the United Kingdom through a service built by a new division called Kraken Securities, and is targeting to launch the service in 2024, the report said. It already holds the required regulatory permits in the United Kingdom and has applied with the Financial Industry Regulatory Authority for a broker-dealer license in the United States, the report added. Several of them are trying to get approval from the U.S. Securities and Exchange Commission for a spot bitcoin exchange-traded fund.

Persons: Dado Ruvic, Jaiveer Singh, Maju Samuel Organizations: REUTERS, Bloomberg, Kraken Securities, Financial Industry, Authority, Reuters, U.S . Securities, Exchange Commission, Thomson Locations: United States, United Kingdom, Bengaluru

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